Passive fund investing for women

Gone are the days when investment decisions were the domain of the men. In today's modern world, women have taken charge of their finances.

To that extent, AMFI data* shows that the number of women mutual fund investors has grown by nearly 60% over December 2019-2022. However, there is still a long way to go.

*Data disclosed in an AMFI press conference in April 2023

While women's participation in making investment decisions is rising, it is still low compared to men. So, what can be done about it?

Armed with a basic understanding of various investment avenues, women can take control of their fortune. Does it feel like too much work? Well, there is an easy and relatively low-cost way in which women can dip their feet into the investment world.

One of the easiest ways to invest can be through passive funds. They simply track an underlying index and seek to generate returns as per that. They comprise index funds and exchange-traded funds/fund of funds.

Passive funds have many asset classes under their gamut such as debt, equity, commodities, etc. Depending on your goal and risk appetite, you can choose among these to take care of your investment needs. Moreover, these funds also offer the ability to invest at regular intervals - be it monthly, quarterly or annually.

The views expressed here constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. The data/information/opinions are meant for general reading purposes only and are not meant to serve as a professional guide/investment advice for the readers. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. An investor education and awareness initiative by Mirae Asset Mutual Fund. All Mutual Fund investors have to go through a one-time KYC (Know Your Customer) process. Investors should deal only with Registered Mutual Funds (RMF). For further information on KYC, RMFs and procedure to lodge a complaint in case of any grievance, you may refer the Knowledge Center section available on the website of Mirae Asset Mutual Fund.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.