Dailymirror.news, April 2,2025: The latest AMFI-Crisil report reveals a significant shift in women’s financial behavior in India, with a growing transition from savings to investment. The report attributes this trend to rising workforce participation, increased digital financial adoption, and targeted financial literacy initiatives, all contributing to greater female involvement in wealth creation.

Key Insights from the AMFI-Crisil Report

Financial Inclusion on the Rise: The RBI’s Financial Inclusion Index (FI-Index) rose from 60.1 in March 2023 to 64.2 in March 2024. A major driver has been the increase in women-led bank accounts, with 29.56 crore out of 53.13 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) now owned by women.

Growing Workforce Participation: Women’s participation in India’s workforce has surged from 23.3% in 2017-18 to 41.7% in 2023-24, with rural women leading the way at 47.6%.

Digital Financial Adoption: The proportion of women using digital payment channels has doubled from 14% in 2014 to 28% in 2021, narrowing the gender gap in financial transactions and enhancing investment accessibility.

Women in Mutual Fund Investments

Rise of Women Investors: The number of female mutual fund investors has grown at a 20% CAGR over the past five years, with women now contributing to 25% of new mutual fund folios—signifying a shift from traditional savings to market-linked investments.

Preference for SIPs & Long-Term Investments: Women are increasingly opting for Systematic Investment Plans (SIPs), accounting for nearly 40% of new SIPs registered last year. Their focus on long-term wealth creation signals a more mature investment mindset.

Expanding Investment Reach: While urban women continue to lead in investments, mutual fund penetration among semi-urban and rural women has risen by 15% YoY, aided by digital financial inclusion and investor awareness initiatives.

The AMFI-Crisil report highlights that financial literacy and investment awareness programs are empowering women to make independent financial decisions. With increasing disposable income, rising digital adoption, and access to structured investment options, women are set to play an even greater role in India’s investment ecosystem.

Looking ahead, the report forecasts that with sustained financial education and inclusion efforts, women’s contribution to mutual fund Assets Under Management (AUM) could reach 30% by 2030, solidifying their growing influence in India’s financial markets.