The total assets managed by female fund managers rose by 32 per cent to Rs 3,06,500 crore in 2017 even as the representation of the fairer sex in this profession remained low at 8 per cent, says a report.
According to mutual fund Morningstar, of the total 291 fund managers handling open-ended mutual fund products in 2017, a meagre 24 are women. This figure is marginally higher compared to 18 women out of 269 fund managers in 2016.
