Women have transformed the investing landscape in a big way over the past couple decades. With the rise of female entrepreneurship and growing female participation in the workforce, improving financial literacy for women is more important than ever. When these women unlock their economic potential and access equal opportunities, they contribute to their community’s development and participate in the country’s economic growth.

Women’s financial literacy is not only the key to helping them achieve their potential but an essential driver of economic growth and vital to India's growth story.

However, when it comes to financial planning by women, we are still a long way from achieving financial gender equality. According to data gathered on women investors by an online wealth management platform, out of every 5 investors in India, just 1 is a woman.

Here we seek to encourage women to be financially independent and how financial independence can be a stepping stone towards achieving their goals. Some of the top motivators for women to kick start their financial journey are as follows: a) Building a financial security for family b) Hedging against inflation and beating financial crises c) Bolstering status in social circle d) Growing money over long term e) Saving for retirement f) Supporting a venture or a cause.

A study has been found that on a global average women earn 23 per cent less than men for the same quantum of work. This may indicate larger, systemic challenges facing women today, such as pay disparities, gender disparities or the financial burden of caring for young children. Some of the other challenges faced by women are lack of fund, expertise and time, insufficient fund, hesitation to take risk, fear of losing capital as they have mistrust in financial product and concerns about potential future crises

Videos

Invest regularly Cultivate the habit of investing regularly to achieve an ambitious financial goal. Cultivate the habit of investing regularly to achieve an ambitious financial goal.

Know the basics Investing is a skill and there are lots of things to learn, and it takes time to develop your skill as an investor. Decode the investment basics that you should know.

Take the first steps Placing money on the right things will lead to a comfortable life. To make sure you get the most out of your hard-earned money, take the first step to investing by understanding your goals.

Blogs

Points to keep in mind before signing a document Before making any crucial financial decision it’s very important to keep certain pointers in mind and when in doubt an investor should ask questions.

Women Investing via SIP for long term wealth creation Women are fast bridging the gender gap in most professions. It’s common to find women in areas which were once considered to be male bastions.

Goal based investment approach through mutual funds Women across spheres of life are liberating themselves from old world traditions and venturing into new avenues on both the professional and personal front.

Resources

The financial services industry is undergoing a dramatic shift. Women are underrepresented in the investing world, but this is changing fast. First and foremost, women can pave the path to your financial freedom is identifying your financial goals enables you to focus your investments towards achieving those goals. Next, figure out what investment strategy is best for you, and determine what kind of investor you are. It is always advisable to consult a certified financial advisor. Make sure you understand this is a long-term journey so that you won't get affected up by short-term setbacks. Being disciplined and consistent should be the mantra.

Reach out to us on investor.line@mutualfunds.hsbc.co.in with subject "Women and Investing" for queries related to your financial journey.

An Investor Education & Awareness Initiative

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Disclaimer: This document has been prepared by HSBC Asset Management (India) Private Limited for information purposes only and should not be construed as i) an offer or recommendation to buy or sell securities referred to herein or any of the funds of HSBC Mutual Fund: or ii) an investment research or investment advice. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment or investment strategies that may have been discussed or referred herein and should understand that the views regarding future prospects may or may not be realized. This document is intended only for those who access it from within India and approved for distribution in Indian jurisdiction only. Distribution of this document to anyone (including investors, prospective investors or distributors) who are located outside India or foreign nationals residing in India, is strictly prohibited.

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