 "Representative image")
Consultant picture by Freepik
Most girls mutual fund (MF) buyers take funding recommendation from professionals, family and friends however take the ultimate name themselves, in accordance with a survey by Axis Mutual Fund (MF). The fund home mentioned 72 per cent of the ladies buyers take their selections independently, including that the funding quantity of ladies buyers is 25 per cent greater on a mean than their male counterparts.
The discovering is predicated on knowledge of 10 million Axis MF buyers, 30 per cent of whom are girls, the fund home said. Over 1,100 girls buyers participated within the survey.
“The mutual fund trade is present process a dynamic shift as extra individuals, significantly girls, embrace investing in mutual funds as a part of their monetary technique. Our analysis into the funding patterns of Axis MF buyers reveal that girls represent 30 per cent of Axis Mutual Fund buyer base and maintain Rs 35 per cent of the entire property beneath administration,” mentioned B Gopkumar, MD&CEO, Axis AMC.
First Printed: Jul 01 2024 | 8:19 PM IST
