Women’s Day: Female investor base increases 3x to touch 60 lakhs in 5 years: CAMS report
On the account of International Women’s Day, CAMS released a report “Women Power in Mutual Funds” analyzing data of a progressive participation of women in asset management.
On the account of International Women’s Day, CAMS released a report “Women Power in Mutual Funds” analyzing data of a progressive participation of women in asset management. The dossier highlights that the women investor base has jumped 3 time to touch 60 lakhs in 5 years.
The report states gross inflows in 2022, asset class preferences, investment ticket size and geographic uptake by the women investors in Mutual Funds.
The report is based on CAMS serviced AuM (Assets under Management), which is of Rs.26.5 trillion and 22 million investors representing about 70 per cent of the industry’s AuM and investor base.
“Financial independence and increasing awareness about financial assets led wealth creation is narrowing the gender divide in the traditionally male dominated investment space”, Anuj Kumar, Managing Director – CAMS said.
He added, “The trend is not restricted to top tier cities, another indicator of changing behavior of women towards personal wealth management. Millennial women making up 30 per cent of the base is another positive indication as they have another 30 years of investing ahead of them.”
“The pointers clearly indicate the segment has huge potential, even if we attribute 50 percent of Rs 1.8 trillion gross inflows in 2021 as investments directly managed by women” Kumar added.
Tracking the gross inflows made by women investors during 2021, the report indicates Rs.25,000 crore was made through SIP and Rs. 1.6 trillion through lumpsum purchase
CAMS is a financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience.
The Company is India’s largest registrar and transfer agent of mutual funds with an aggregate market share of approximately 70 per cent based on mutual fund average assets under management (“AAUM”) managed by its clients and serviced.
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