Last Updated on March 7, 2024 by BFSLTeam BFSLTeam
In recent years, there has been a significant shift in the financial behaviours of Indian women. Women earners in Indian metros are transitioning from savers to informed investors, shaping their financial futures. A recent CRISIL survey revealed that 51% of their funds are in fixed deposits and savings accounts, with 16% in gold, 15% in mutual funds, 10% in real estate, and 7% in stocks. Interestingly, 10% of female customers actively maintain fixed deposit accounts, compared to 5% of male customers. Dependents significantly influence investment behaviour, with 43% of married women allocating 10-29% of their income to investing, while a quarter of married women without dependents invest over half of their income.
These findings highlight women’s ownership of financial decision-making, diversified investment strategies, and growing reliance on digital channels for financial management, emphasising the importance of financial stability for independent female earners in India.
Table of Content
The Investment Landscape
Traditionally, gold and fixed deposits (FDs) have been the preferred investment avenues for Indian women. However, a closer look at the current trends reveals a diversifying portfolio. According to recent studies, while gold and FDs remain popular, many are now exploring mutual funds, real estate, and even stocks and cryptocurrencies. Recent years have witnessed a remarkable surge in women investors across India, as highlighted by various reports and surveys.
Understanding the Investment Preferences of Women in India
Women investors often exhibit a preference for risk-averse and conservative investment strategies, favouring safer options like fixed deposits, recurring deposits, and debt funds over riskier alternatives such as stocks and cryptocurrencies. Despite this cautious approach, they are equally adept at long-term financial goals, with retirement planning being a key focus for many.
Their investment journeys are characterised by purposeful decision-making, disciplined savings habits, and resilience in pursuing goal-based investments, as evidenced by their lower stoppage rates in systematic investment plans (SIPs). Moreover, women investors demonstrate a penchant for maintaining balanced and diversified portfolios, guided by ethical considerations and a holistic perspective that extends beyond financial gains to encompass environmental, social, and governance factors.
The Transformative Benefits of Investing for Women
- Financial Independence: Investing provides women with the opportunity to achieve financial independence by creating diverse income streams and accumulating wealth over time.
- Personal Growth: The process of investing equips women with valuable skills, knowledge, and confidence, fostering personal development and enhancing their capabilities.
- Societal Impact: Through socially responsible investment choices, women can affect positive change in society, contributing to environmental, social, and governance initiatives.
- Wealth Accumulation: Investing serves as a catalyst for wealth accumulation, enabling women to build a financial cushion and achieve their long-term financial goals.
- Stability Against Inflation: By investing in assets that outpace inflation, women can safeguard their purchasing power and maintain their standard of living over time.
- Protection Against Emergencies: Investing provides a safety net against unforeseen emergencies by creating reserves that can be accessed in times of need, offering financial security and peace of mind.
- Long-Term Financial Security: Overall, investing contributes to long-term financial security by diversifying investment portfolios, mitigating risks, and generating returns that support future financial needs and aspirations.
Overcoming Challenges and Embracing Opportunities
While investing presents transformative opportunities for women, it is not without its challenges. Women may encounter barriers such as lack of awareness, confidence, access, or support, which require concerted efforts to address through education, mentorship, and advocacy. By empowering women to take charge of their finances and become active investors, society can harness their full potential to drive economic growth and social development.
Investing is not merely a privilege but a fundamental right for every woman. It is time to recognize and support women as investors, acknowledging their contributions to shaping a more prosperous and equitable future for all.
Embracing Digital Platforms
The digital revolution has also played a crucial role in this transformation. Online platforms like Investree by Bajaj Finserv Securities have made it easier for women to access financial services and investment opportunities. With user-friendly interfaces and a wealth of resources, these platforms empower women to take charge of their investments.
A Special Offer to Celebrate Women Investors
To celebrate the spirit of women investors, Bajaj Finserv Securities is offering an exclusive deal. Enjoy free brokerage for three months and a Benefit Pass Coupon (BPC) for a year, giving you a head start on your investment journey. It’s time to make those smart moves and watch your investments grow.
Conclusion
The financial landscape for Indian women is changing, and it’s changing for the better. With increased awareness, access to digital platforms, and attractive offers like those from Bajaj Finserv Securities, the future looks bright for women investors in India.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
