₹100 crore and above per client family and have business families or entrepreneurs as clients. In this piece, we speak to multiple family offices to understand the investing trends among ultra-high net worth individuals (UHNIs) and families in India.Amit Patni, director, Campden Family Connect, a network of family offices said that the portfolio of the average client of a family office hasn’t changed much in the past few months. “It was roughly 40% equity, 50% debt and liquid and 10% alternatives, including gold.
Family offices will typically look to rebalance only after the market reaches its previous pre-covid-19 peak," he said.Wealth managers are typically averse to redeeming mutual funds at a loss.