Financial Literacy and Investor Awareness : Issues to Wealth Management

People spend days together in taking recommendation and studying various models making before purchasing a vehicle. This practice is however never replicated when it comes to making a financial investments entailing far reaching consequences.Since the last two decades, Indian economy has witnessed a number of structural and fundamental changes in financial markets. While Indian economy is on a strong growth trajectory and is ever more consolidated with the Global markets, there is a widespread realization that for such growth and momentum to be sustainable, a parallel deepening of financial sector must precede. And such deepening is possible only when individuals and households are financially literate, and the concept of investor education is more than a norm.Financial literacy & investor awareness is a precursor in the effectiveness of Digital revolution. The research paper aims at identifying the various variables available through secondary data and subsequently establishing a relationship between Financial Literacy and implementation of financial reforms. Financial literacy can also help increase the velocity of money circulation through symmetric information and consequently increase the rate of utility for the consumers.It is an established fact that the financial reforms will usher in an era of higher growth and more customer satisfaction. This paper aims at validating the hypothesis that indeed higher Financial Literacy & investor education leads to higher growth and can be a catalyst in reaping fruits of demographic dividend