TomorrowMakers

Want to know how 27.50 lakh women investors are taking charge of their financial futures with mutual fund investments? Discover more by reading this article.

The Power of Women

As the world evolves and women continue to make strides in various aspects of life, the world of Finance is still being noticed. In the last three years, the mutual fund industry has seen a massive influx of women investors, with 27.50 lakhs joining the bandwagon. This surge is a testament to the changing landscape of Finance, as more women take charge of their financial futures and break through the barriers that once held them back. In this article, we will explore the rise of women investors in mutual funds.

According to the Association of Mutual Funds Industry (AMFI), the number of women investors in India stood at 46.98 lakhs (based on PAN) in December 2019. AMFI, representing all asset management companies of SEBI-registered mutual funds in India, reported that this number increased by over 27 lakh investors, to 74.4 lakhs, i.e. an increase of 58%, by the end of December 2022. This significant rise is a clear indication of the increasing participation of women in the mutual fund industry.

Also ReadWhat to do with your mutual fund investment if the fund manager exits?

Where do these women investors reside?

The table below shows the distribution of women in cities, i.e., T30 and B30, over 3 years, i.e., from December-19 to December-22.

(Note: T-30 refers to the top 30 geographical locations within India, and B-30 refers to those geographical locations that rank below the top 30.)

T30 and B30

(Source: https://cafemutual.com)

After Covid-19, there has been a sharp increase in the number of women investors in absolute terms.

Read article: Focused funds vs. Diversified mutual funds: Which one to choose?

Age-wise count of women investors

The table below shows the age-wise distribution of women investors over 3 years, i.e., from December-19 to December-22.

December-19 to December-22

(Source: https://cafemutual.com)

As is clear from the above table, the maximum proportion of women investors is 45 years and over. The number of women investors in the 45-plus age group grew to 28.46 lakhs in December 2022 from 22.13 lakhs in December 2019, a mere 29 per cent growth during this period.

Also ReadWhich mutual funds are risky and why should you avoid investing in those mutual funds?

Where do women investors invest? How do they like to invest, i.e., direct or through distributors?

As of December 2022, AMFI data reveals that women investors have Rs. 7.54 lakh crore worth of MF assets. Regular plans make up Rs. 6.13 lakh crore, 81% of the total AUM women investors hold.

On the other hand, the remaining Rs. 1.42 lakh crore, or 19%, is accounted for by direct plans. These figures suggest that women investors choose distributors rather than directly investing.

In the last three years, 27.5 lakh women in India have invested in mutual funds, signifying a surge in the participation of women in the mutual fund industry. The number of women investors in mutual funds rose to 74.4 lakhs in December 2022 from 46.98 lakhs in December 2019, representing an increase of 58%. The maximum proportion of women investors is in the age group of 45 years and above. Women investors prefer distributors rather than investing directly. 81% of the total AUM women investors hold is in regular plans.

As the world evolves and women continue to make strides in various aspects of life, the world of Finance is still being noticed. In the last three years, the mutual fund industry has seen a massive influx of women investors, with 27.50 lakhs joining the bandwagon. This surge is a testament to the changing landscape of Finance, as more women take charge of their financial futures and break through the barriers that once held them back. In this article, we will explore the rise of women investors in mutual funds.

According to the Association of Mutual Funds Industry (AMFI), the number of women investors in India stood at 46.98 lakhs (based on PAN) in December 2019. AMFI, representing all asset management companies of SEBI-registered mutual funds in India, reported that this number increased by over 27 lakh investors, to 74.4 lakhs, i.e. an increase of 58%, by the end of December 2022. This significant rise is a clear indication of the increasing participation of women in the mutual fund industry.

Also ReadWhat to do with your mutual fund investment if the fund manager exits?

Where do these women investors reside?

The table below shows the distribution of women in cities, i.e., T30 and B30, over 3 years, i.e., from December-19 to December-22.

(Note: T-30 refers to the top 30 geographical locations within India, and B-30 refers to those geographical locations that rank below the top 30.)

T30 and B30

(Source: https://cafemutual.com)

After Covid-19, there has been a sharp increase in the number of women investors in absolute terms.

Read article: Focused funds vs. Diversified mutual funds: Which one to choose?

Age-wise count of women investors

The table below shows the age-wise distribution of women investors over 3 years, i.e., from December-19 to December-22.

December-19 to December-22

(Source: https://cafemutual.com)

As is clear from the above table, the maximum proportion of women investors is 45 years and over. The number of women investors in the 45-plus age group grew to 28.46 lakhs in December 2022 from 22.13 lakhs in December 2019, a mere 29 per cent growth during this period.

Also ReadWhich mutual funds are risky and why should you avoid investing in those mutual funds?

Where do women investors invest? How do they like to invest, i.e., direct or through distributors?

As of December 2022, AMFI data reveals that women investors have Rs. 7.54 lakh crore worth of MF assets. Regular plans make up Rs. 6.13 lakh crore, 81% of the total AUM women investors hold.

On the other hand, the remaining Rs. 1.42 lakh crore, or 19%, is accounted for by direct plans. These figures suggest that women investors choose distributors rather than directly investing.

In the last three years, 27.5 lakh women in India have invested in mutual funds, signifying a surge in the participation of women in the mutual fund industry. The number of women investors in mutual funds rose to 74.4 lakhs in December 2022 from 46.98 lakhs in December 2019, representing an increase of 58%. The maximum proportion of women investors is in the age group of 45 years and above. Women investors prefer distributors rather than investing directly. 81% of the total AUM women investors hold is in regular plans.