Tag: women investing more than men

More women than men are actively saving and more women than men have mutual fund investments. Not only that, according to Bankbazar's latest Savings Quotient survey, more women than men focus on their retirement investments. The survey covered 1,675 respondents aged 22-45 across six metros and 18 tier-2 cities. The male-to-female ratio in the survey was 57:43. Majority of the participants (78 percent) are from metros and the rest are from non-metros. Most of those surveyed are salaried professionals earning a minimum salary of Rs 30,000 or more. They were all digitally aware. According to the survey, about 75 percent had a bank account, 57 percent were investing through mutual funds or systematic investment plans (SIPs). About 54 percent had a fixed deposit or a recurring depo...