Synopsis
A recent AMFI-Crisil report indicates that women investors in India, though only 25.1% of the unique investor base, significantly contribute to total AUM. Northeast states like Mizoram and Nagaland show remarkable AUM contributions, reflecting cultural trends that encourage female financial engagement.Key Takeaways
- Only 25.1% of unique investors in India are women.
- Women hold a higher percentage of AUM compared to men.
- Mizoram leads with 44.1% female AUM contribution.
- AUM from women has more than doubled in five years.
- Strong participation from northeastern states is evident.
Mumbai, March 30 (NationPress) Despite only 25.1 percent of unique investors in India's mutual fund sector being women, they hold a disproportionately larger share of total assets under management (AUM) among individual investors, according to a recent report released on Sunday.
The analysis from AMFI and Crisil Intelligence indicates that women generally invest more compared to their male counterparts.
The report reveals that 13 states and union territories have surpassed the national average in AUM contributions from women.
Mizoram tops the list with women investors owning 44.1 percent of the AUM, followed by Nagaland (39.1 percent), Andaman & Nicobar Islands (38.6 percent), Sikkim (37.9 percent), Goa (37.2 percent), and New Delhi (36.8 percent).
Other regions like Maharashtra, Gujarat, and West Bengal also demonstrate robust engagement, with participation rates between 33.3 percent and 35.4 percent.
Several northeastern states are notable for their matrilineal traditions and cultural norms that promote women's involvement in financial decisions.
States such as Mizoram, Nagaland, and Goa, known for their high literacy rates and progressive social metrics, have reported significant female investment.
Economic centers like New Delhi, Maharashtra, and Gujarat have also witnessed an uptick in women's investments, fueled by enhanced financial literacy and economic engagement.
Conversely, areas like Haryana, Rajasthan, and Bihar show lower female participation in AUM, attributed to factors like limited financial inclusion and lower literacy rates.
The report also emphasizes that women investors' AUM has more than doubled in the last five years, climbing from Rs 4.59 lakh crore in March 2019 to Rs 11.25 lakh crore in March 2024.
Moreover, women's AUM share in B30 cities—areas beyond the top 30 metropolitan regions—rose from 20.1 percent in 2019 to 25.2 percent in 2024.
This trend highlights a growing interest in mutual fund investments among women, particularly in non-metro regions.
