MintGenie, Kurian said that tailored investment education programs, mentorship opportunities, and success stories of women investors can inspire and build confidence. Financial freedom is of utmost importance for women helping them take control of their destinies and lead lives of empowerment and independence. Financial freedom is not possible without investing in the future.
Hence, there is a growing need for women to understand asset allocation including investing in equities. Investing in equities is often considered alien to women. However, to the contrary, women naturally embody the very characteristics needed to be successful equity investors.
To encourage more women to invest in equities, there is a need for a focused effort on financial education that is accessible and relatable. Tailored investment education programs, mentorship opportunities, and success stories of women investors can inspire and build confidence. Creating platforms that offer supportive communities for women to share experiences and learnings can significantly impact their investment journey.
Mutual funds are pivotal in building financial knowledge and securing a stable financial future for women. They offer a simplified entry point into the investing world, allowing women to benefit from professionally managed portfolios. Mutual funds also provide educational resources that can help demystify the investing process, making it more approachable for beginners.
Read more on livemint.com