Women are investing more in SIPS, outright amount than men, receives PhonePe data – CNBC TV18

Women are investing more in SIPS, outright amount than men, receives PhonePe data – CNBC TV18


According to new data of PhonePe Money, women’s average SIP transactions are 22% higher than men, and when it comes to lump sum investment, women are investing 45% more than their male counterparts.

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Name of the scheme 1-year back Invest now Fund category expense ratio
Axis Nifty 50 Index Fund +32.80% Invest now Equity: Big Cap 0.12%
Axis Nifty 100 Index Fund +38.59% Invest now Equity: Big Cap 0.21%
Axis Nifty Next 50 Index Fund +71.83% Invest now Equity: Big Cap 0.25%
Axis Nifty 500 Index Fund , Invest now Equity: Flexi Cap 0.10%
Axis Nifty Midcap 50 Index Fund +46.03% Invest now Equity: Mid Cap 0.28%
As March 2024 Investor AUM
Men 61%
women 33%
not specified 5%
minor 1%

Mutual Fund (T) SIP AUM Growth (T) Women Financial Empowerment (T) Women’s Assets Management (T) Financial Settlement (T) PhonePE SIP Data (T) Young Women Investor (T) Finance in Finance (T) Women (T) Women (T) Women