One’s mother is probably the best finance minister in the world, deftly managing her household in an organised manner while keeping the family’s finances in control. But smart mother or no, many women, in the past, took a backseat when it came to investment decisions – handing over that responsibility to the men in their families.
That’s no longer so. Today’s women run their homes — and their finances too. They take decisions regarding money matters on their own, smartly and confidently.
Many women are taking the mutual fund route to achieve their financial goals. Various types of mutual funds investing in different asset classes such as equity, debt, gold, InvITs and international equities cater to a variety of investors with different financial needs, risk taking capacity and time horizons.