A new study by CAMS shows that women are showing an increasing preference for investing in mutual funds (MFs).
According to the report, 'Women Power in Mutual Funds', released by the registrar and transfer agent (RTA), there are 5.9 million women investors having 14 million folios and assets under management of Rs 4.5 trillion.
Tracking the gross inflows made by women investors during 2021, the report indicates Rs 25,000 crore was made through systematic investment plans (SIPs) and Rs 1.6 trillion via lumpsum purchases.
Anuj Kumar, managing director, CAMS, said “Financial independence and increasing awareness about financial assets led to