Updated On: 29 May, 2019 04:41 PM IST | Mumbai | mid-day online correspondent
Historically, women in India have demurred from handling money matters. However, thanks to better opportunities in education and career for women, this scenario is slowly changing

Representational picture
As of 2014, Indian households it was estimated that an average Indian household invested hardly 5 percent of its savings in financial assets. However, the participation of retail investors in mutual funds has grown. By July 2017, Indian households held around Rs 9,80,000 crore in mutual funds. In spite of these encouraging numbers, most investors in the equities are men. Even if there are demat accounts in the names of women, their male relatives end up taking investment decisions on their behalf. Historically, women in India have demurred from handling money matters. However, thanks to better opportunities in education and career for women, this scenario is slowly changing. But there is still a need for a community of fearless women investors in India. Priti Rathi Gupta Founder of LXME and MD of Anand Rathi Group lists out some of the reasons for this:
Several studies have concluded that women are better investors than men. According to Fidelity Investments, which analysed accounts of more than 8 million investors, women not only saved more than men but also performed better. Investments made by women earned 0.4 percent more than the ones made by men. This difference may not seem like much but over a longer term, it can make a huge impact. Women tend to diversify their portfolio due to which their losses are limited.