Women in India are taking charge of their financial destiny by exploring various investment opportunities, including stock market diversification, real estate, and alternative investments. On International Women’s Day 2024, let’s take a closer look at the best investment opportunities that females can explore.
The growing importance of women in the investing world has been evident, with research showing that women tend to be patient, risk-conscious, and long-term focused when making investment choices. Ravi Singhal, CEO of GCL Broking, notes that women are actively shaping their investment journeys and forging paths towards financial independence.
In the stock market, women are actively involved and are advised to diversify their investments across different sectors and asset classes to reduce risk and increase the chance of achieving consistent returns. Additionally, women can take advantage of investment vehicles like ETFs and mutual funds for diversification and professional management.
Real estate investments have also caught the attention of Indian females, offering potential profits through rental income and property value appreciation. Gunjan Goel, Director at Goel Ganga Developments, highlights the benefits of real estate investments in providing capital gain and regular monthly income.
Women are also exploring alternative asset classes to diversify their portfolios and potentially earn higher returns. Nidhi Aggarwal, Founder of SpaceMantra, mentions that alternative investments like venture capital, private equity, and cryptocurrencies align well with women’s risk appetites and desires for access to emerging technologies.
Empowering women through financial literacy is crucial, with educational initiatives and mentorship programs aimed at equipping women with the necessary knowledge to navigate the investment landscape effectively. Financial literacy is key to empowerment, enabling women to make informed financial decisions and become smarter investors.
Opportunities in sustainable and socially responsible investing are also on the rise, with women able to choose from green bonds, impact funds, and socially responsible mutual funds. Ridhima Kansal, founder of Rosemoore, suggests that women can make direct investments in women-led startups through angel investing or crowdfunding campaigns.
As women continue to break barriers in the investment sphere, it is essential for them to be well-informed and seek professional advice when needed. By aligning their investment choices with their values and financial objectives, women can take control of their financial well-being and work towards achieving financial security and independence.
