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A survey released by PhonePe Wealth reveals that 90% of women investors begin their mutual funds with SIPs, demonstrating preference for disciplined and long-term investing.
Further, the average SIP contribution from female investors is 22% higher than male investors, while their average lump sum investment surpasses that of men by approximately 45%. This data provides a different perspective on women's approach to financial markets and risk.
The distributor has analysed investment patterns of 1 lakh women investors in 2024. Here are the other key highlights of the session:
- Women investors maintain an average SIP transaction value of Rs.1300, 22% higher than men
- 72% of women investors come from B30 cities, highlighting the increasing reach of mutual funds beyond major metros.
- Non-metro cities like Varanasi, Ranchi, Dehradun, Guwahati and Vadodara are seeing increasing participation from women investors
- Nearly 50% of women investors hold contra / value funds. Other popular investment categories are flexi-cap, mid cap, small cap, and thematic funds. This diverse fund selection reflects their understanding of portfolio diversification, strategic investing and calculated risk-taking
- 74% of women investors are 35 years or younger, with the largest segment (29%) aged 26-30 years
- Women largely invest between 9 AM and 4 PM with 44% of transactions occurring during this window
