TomorrowMakers

Indian women investors are increasing their presence in the typically male-dominated world of investing, as found in this detailed study about investment patterns.

Women Investors in India

According to a new study conducted by the online investment platform Kuvera, one in four investors in India is a woman. Kuvera acts as a platform for around 16 lakh investors. Therefore, this insight acts as a reliable yardstick for measuring women's participation in investing in India.

Also Read: Coin switch report: only 8% female presence in the India crypto market

Some of the other key takeaways of this study are:

  • The men/women breakup among Indian investors in 74% to 26%,
  • 30% of these female investors are from Delhi NCR, Bengaluru and Mumbai with 11%, 10% and 8% respectively. Pune with 5%, Chennai with 4% and Hyderabad with 3% are other Indian cities with the highest number of women investors. This indicates that stock market investment is more popular among urban women. However, a massive 60% of the remaining women investors are from Tier 1 and Tier 2 cities, thus indicating a pan-Indian presence,
  • The average age of women investors in India is 31 years, while the median age is 33. The median age of women investors has lowered by a year since 2022,
  • The portfolio size of women investors is smaller by approximately 20%. This is also reflected in the gender wage difference, which is massive in the early and latter years, with a narrower difference in the middle years,
  • The top goal of a woman investor is retirement (25%). Other goals include buying a home (21%), children's education (14%), buying a car (14%), international holiday (11%), tax savings (10%) and other goals (5%),
  • Women investors have shown a preference for tax-saving funds more and more in the last few years. The share has risen from 23% in FY2020 to 29% in FY23. This 29% of women account for 32% of the ELSS investors.

Also Read: Mahila Samman savings certificate offers 7.5% interest in deposits. Is it better than other fixed income schemes?

While the participation of women investors is a sign of financial literacy in India, the country’s participation in the market is significantly low. Only around 3% of Indians have made share market investments, compared to 55% in the US, 33% in the UK and 13% in China. Kuvera founder Gaurav Rastogi pointed out the improvement in women's participation, but also highlighted the importance of greater participation for the strengthening of financial markets, driving businesses and increasing GDP. 

Let us hope that women in India take more and more interest in stock market investments, and enrich the nation's economy.

Also Read: 9 best monthly investment plans for Indian women 

Source:

According to a new study conducted by the online investment platform Kuvera, one in four investors in India is a woman. Kuvera acts as a platform for around 16 lakh investors. Therefore, this insight acts as a reliable yardstick for measuring women's participation in investing in India.

Also Read: Coin switch report: only 8% female presence in the India crypto market

Some of the other key takeaways of this study are:

  • The men/women breakup among Indian investors in 74% to 26%,
  • 30% of these female investors are from Delhi NCR, Bengaluru and Mumbai with 11%, 10% and 8% respectively. Pune with 5%, Chennai with 4% and Hyderabad with 3% are other Indian cities with the highest number of women investors. This indicates that stock market investment is more popular among urban women. However, a massive 60% of the remaining women investors are from Tier 1 and Tier 2 cities, thus indicating a pan-Indian presence,
  • The average age of women investors in India is 31 years, while the median age is 33. The median age of women investors has lowered by a year since 2022,
  • The portfolio size of women investors is smaller by approximately 20%. This is also reflected in the gender wage difference, which is massive in the early and latter years, with a narrower difference in the middle years,
  • The top goal of a woman investor is retirement (25%). Other goals include buying a home (21%), children's education (14%), buying a car (14%), international holiday (11%), tax savings (10%) and other goals (5%),
  • Women investors have shown a preference for tax-saving funds more and more in the last few years. The share has risen from 23% in FY2020 to 29% in FY23. This 29% of women account for 32% of the ELSS investors.

Also Read: Mahila Samman savings certificate offers 7.5% interest in deposits. Is it better than other fixed income schemes?

While the participation of women investors is a sign of financial literacy in India, the country’s participation in the market is significantly low. Only around 3% of Indians have made share market investments, compared to 55% in the US, 33% in the UK and 13% in China. Kuvera founder Gaurav Rastogi pointed out the improvement in women's participation, but also highlighted the importance of greater participation for the strengthening of financial markets, driving businesses and increasing GDP. 

Let us hope that women in India take more and more interest in stock market investments, and enrich the nation's economy.

Also Read: 9 best monthly investment plans for Indian women 

Source: