TomorrowMakers

Savvy women investors of the millennial generation

Are women better at investing than men

When March comes around, there are two events that everyone thinks about: The tax deadline that falls at the closing of the month in addition to Women's Day. Although males have traditionally been the ones to make financial decisions in the home, the growing number of salaried, independent women means they now have a greater say in such decisions.

There was a time when women were hesitant to talk money or use financial terms because they were afraid of being judged. However, the days of women delegating key investment decisions to their husbands are gone. Let us have a look at how the modern-day Indian lady invests her money and the patterns that develop from it in 2022.

Related: Best Ways To Improve Financial Security For Women 

Participation of Women in Investment

Since 2020, the proportion of female investors has more than doubled, increasing by 114%. In addition, a higher percentage of female investors profited than their male colleagues. Increased participation in intraday and F&O trading also reflected an increasing sense of confidence (futures and options).

It was gratifying to see investors commit a substantial amount of time learning about the basics of finance. These developments are good news for the young investors in India, states Varun Sridhar, the CEO of Paytm Money.

Women possess the ability to think through things with patience, which has had an immediate impact on their investment habits. According to ET Money, women have mastered the art of maximising tax savings, with ELSS (Equity Linked Saving Scheme) funds accounting for 15% of their portfolios on average, compared to only 12% for males.

Related:  Understanding The Rise Of Women Investors In Crypto As An Asset Class.

Women also have a consistent investment track, especially when they begin a SIP (Systematic Investment Planning). They tend to follow the same path for longer than men and accomplish targets. The gender role of women in India has seen a dramatic shift from the past, which has challenged the old conceptions of their impact on society in general. The current generation of women is standing out and making substantial contributions in the areas of IT, finance, law, politics, and various other fields. 

The rapid pace of change in our world, as well as the growing importance of financial independence and equality, are essential, especially than ever, for those who wish to be wealthy to pursue their goals and live their lives in their own way. As more women in India are understanding the significance of investing, this realisation is becoming increasingly widespread.

Related: Financial Freedom Means Different Things for Men and Women. Here's How.

Conclusion

Spending time educating themselves about investing by creating a diverse portfolio of investments, diversifying their portfolios, and even learning to speculate to take control of their financial affairs without having to rely on others is what defines the savvy millennial women investors of India.

When March comes around, there are two events that everyone thinks about: The tax deadline that falls at the closing of the month in addition to Women's Day. Although males have traditionally been the ones to make financial decisions in the home, the growing number of salaried, independent women means they now have a greater say in such decisions.

There was a time when women were hesitant to talk money or use financial terms because they were afraid of being judged. However, the days of women delegating key investment decisions to their husbands are gone. Let us have a look at how the modern-day Indian lady invests her money and the patterns that develop from it in 2022.

Related: Best Ways To Improve Financial Security For Women 

Participation of Women in Investment

Since 2020, the proportion of female investors has more than doubled, increasing by 114%. In addition, a higher percentage of female investors profited than their male colleagues. Increased participation in intraday and F&O trading also reflected an increasing sense of confidence (futures and options).

It was gratifying to see investors commit a substantial amount of time learning about the basics of finance. These developments are good news for the young investors in India, states Varun Sridhar, the CEO of Paytm Money.

Women possess the ability to think through things with patience, which has had an immediate impact on their investment habits. According to ET Money, women have mastered the art of maximising tax savings, with ELSS (Equity Linked Saving Scheme) funds accounting for 15% of their portfolios on average, compared to only 12% for males.

Related:  Understanding The Rise Of Women Investors In Crypto As An Asset Class.

Women also have a consistent investment track, especially when they begin a SIP (Systematic Investment Planning). They tend to follow the same path for longer than men and accomplish targets. The gender role of women in India has seen a dramatic shift from the past, which has challenged the old conceptions of their impact on society in general. The current generation of women is standing out and making substantial contributions in the areas of IT, finance, law, politics, and various other fields. 

The rapid pace of change in our world, as well as the growing importance of financial independence and equality, are essential, especially than ever, for those who wish to be wealthy to pursue their goals and live their lives in their own way. As more women in India are understanding the significance of investing, this realisation is becoming increasingly widespread.

Related: Financial Freedom Means Different Things for Men and Women. Here's How.

Conclusion

Spending time educating themselves about investing by creating a diverse portfolio of investments, diversifying their portfolios, and even learning to speculate to take control of their financial affairs without having to rely on others is what defines the savvy millennial women investors of India.