Recent data shows that individuals having an annual income of Rs 5 lakh or less contribute more than 70 per cent of individual MF investments, but higher-income groups have a higher share of AUM.
Minting money on Dalal Street: What draws women to stock investing
Even as just 8 per cent of India s asset managers are women, according to Morningstar research, the number of women investors is growing
Aprajita Sharma March 8, 2021 | Updated 10:00 IST
The change is coming, but women still prefer safety over high-risk-high-return bets
Who says women and finances don t go well together? Meet new-age women, who not only take charge of their money but are also doing it in the male-dominated fields. Take, for example, Dalal Street. Even as just 8 per cent of India s asset managers are women, according to Morningstar research, the number of women investors is growing. At 5paisa.com, a listed discount broking firm, the count of women investors has more than doubled. They are not just working professionals, but homemakers are also taking the reins.
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