71% women stayed invested for over 5 years

Mumbai, Mar 08:  FinEdge, India's leading tech enabled investment management company, conducted an in-depth study among 4,351 women clients from the age bracket of 23 to 64 years in March 2024 on the occasion of International Women’s Day.

As the corporate arena witnesses a surge in successful women, a notable paradigm shift emerges in the financial landscape. FinEdge unveils compelling insights from its latest study, indicating a growing trend of financial awareness and independence among women post 2020. In 2023, a significant 41% of new investors at FinEdge were women, signifying a growing trend of financial awareness and pursuit of independence among women.

Harsh Gahlaut, CEO, FinEdge said, “We are happy to see women taking charge of their financial future with such determination and foresight. It is evident from the study that women are not only investing more, but they are also investing smarter. By allocating a higher percentage of their monthly income towards their financial goals, women are taking proactive steps towards securing their financial future and achieving long-term success.”