Women show a higher persistency in mutual fund investments compared to men, claims a recent report by Axis Mutual Fund. The pan-India survey was conducted among 1,100 investors in February 2024, with an internal data research on 1 crore existing investors as on 31 December 2023.Here are a few important finding from the Axis Mutual Fund survey.
Rs.80,000 is the average gain made by 22 lakh women investors of Axis MF.
22% Higher five-year persistency in mutual fund investments displayed by women.
Women are better at handling volatility
Building wealth takes priority for women in top 30 cities
They prefer lump sum to SIPs
72% women take decisions about their investments
Source: Women Investment Behaviour Report 2024, by Axis Mutual Fund Research, AMFI.