New Delhi, Sept. 22 -- Indian households are increasingly directing their savings towards market-linked financial assets, while traditional avenues such as life insurance and small savings have seen more uneven flows.

Mutual funds recorded the sharpest rise in annual inflows among the major financial assets. Here's what you need to know about how Indian households are parking and investing their savings.

According to data cited in Abakkus Asset Manager's DRHP, mutual funds have seen the sharpest increase over the three-year period.

Inflows into the category rose from Rs.1.8 lakh crore to Rs.4.7 lakh crore, meaning they have more than doubled. Equity investments also more than tripled, although they remain much smaller in absolute terms...