The study, based on the data from ET Money, finds that women earn 10% more returns as compared to men in mutual fund investment portfolio.
Not just generating returns, women are better at maximising tax benefits as well. The study finds that 15% of the total investment portfolio of women investors is invested in ELSS funds, against 12% for men.
In addition, women are more disciplined investors than men are. The study shows that women are 13% more regular than men in continuing their SIPs. The difference has been growing every year since 2018. From 11% in 2018, the figure inched up to 15% in 2020.
The study also reveals how women change their investment strategy with age. 74% of under-30 women’s investment portfolio is in equity. The portfolio of women over the age of 50 reflects a completely opposite picture. They have 79% of their money invested in debt instruments.
The findings echo in another report released recently. A survey conducted by Groww shows that young women investors in the age group of 18-25 years are three times more likely to choose a high-risk, high-return asset class over traditional investment options. It also notes that mutual funds have emerged as the most preferred asset class for women.
