for Lucknow Nandini BhargavaInvesting in stocks has become a self-sustaining model. When he started investing in stocks in his late 20s twenty years ago, it was more like a hobby.
Bhargava started his career in the corporate world, where he spent eight years. Later, she took a break in her career and married a business family, and also set up a consultancy for travel agencies. But he never gave up his hobby of investing in the stock markets. “When you become financially independent, you start spending on luxuries. I decided to put some stock in the market too, mostly in blue-chip companies and through IPOs. That’s when I started seeing this. Knowing what kind of profit and profit I am making, it boosted my confidence and I started analyzing things and it motivated me to keep investing in the markets,” says Bhargava.
Gradually, as Bhargava decided to spend more time investing in stocks, the profit he earned through this “hobby” now more than met his financial needs. “Every year before the pandemic, I have sponsored foreign trips for my family through these benefits. I never borrowed money from my husband as I pay all my bills,” says Bhargava.
Travel consultancy is now a mere hobby for Bhargava whereas investing in stocks is a full time job. fifty years old Anjana Desai, who is self-employed, started investing in markets at the age of 33 and was working for an advertising agency. even though Desai Having taken a break in career due to personal reasons, it is the regular investments that she has made in MFs and SIPs, which have helped her when she did not have regular income. “When my mother was not feeling well, and I had to take a break in my career, I used to wonder where I would get the money in case of an emergency? That’s when the investments made in the stock market helped me immensely,” Desai says.
Now, Desai invests in such opportunities regularly and has a good faith in the assessed value of her portfolio. Studies show that the participation of women in capital markets – in the range of 20-30% – still lags far behind that of men. Five years ago, according to the CDSL survey in 2016, this number was less than 25%. According to a survey by DSP Mutual Fund and Nielsen Two years ago, only 33% of women made independent investment decisions, compared to 64% of men. The survey also revealed that a third of women who made their own investment decisions were encouraged by their spouses.
The tide is changing for the better. In the last 10 years, Kuvera has increased the participation of women on its app from 19% to 27%. Research shows that women make better investors because they are more patient and more goal-oriented.
In Upstox, out of the total female customers, more than 60% women are Millennials and almost 80% are from Tier 2 and Tier 3 cities. Upstox Co-Founder Kavita Subramaniam, says: “Many women took the lockdown as an opportunity to educate themselves and participate in the stock market.”
Sujaya Banerjee, CEO, Capstone Consulting, says that women constitute about 20% of the active traders in India. This number is interestingly increasing during the pandemic. Banerjee says there has been a 32% increase in business accounts by women, of whom 35% are housewives.
Founder of Finsafe India Mrin Agarwal He says that women generally prefer traditional investments with less risk than men who are willing to take more risk with their investments. Women also invest for a longer duration than men. “Nowadays I see many women interested in equity, but it may be because of the feeling of being left behind,” says Agarwal.
Bhargava started his career in the corporate world, where he spent eight years. Later, she took a break in her career and married a business family, and also set up a consultancy for travel agencies. But he never gave up his hobby of investing in the stock markets. “When you become financially independent, you start spending on luxuries. I decided to put some stock in the market too, mostly in blue-chip companies and through IPOs. That’s when I started seeing this. Knowing what kind of profit and profit I am making, it boosted my confidence and I started analyzing things and it motivated me to keep investing in the markets,” says Bhargava.
Gradually, as Bhargava decided to spend more time investing in stocks, the profit he earned through this “hobby” now more than met his financial needs. “Every year before the pandemic, I have sponsored foreign trips for my family through these benefits. I never borrowed money from my husband as I pay all my bills,” says Bhargava.
Travel consultancy is now a mere hobby for Bhargava whereas investing in stocks is a full time job. fifty years old Anjana Desai, who is self-employed, started investing in markets at the age of 33 and was working for an advertising agency. even though Desai Having taken a break in career due to personal reasons, it is the regular investments that she has made in MFs and SIPs, which have helped her when she did not have regular income. “When my mother was not feeling well, and I had to take a break in my career, I used to wonder where I would get the money in case of an emergency? That’s when the investments made in the stock market helped me immensely,” Desai says.
Now, Desai invests in such opportunities regularly and has a good faith in the assessed value of her portfolio. Studies show that the participation of women in capital markets – in the range of 20-30% – still lags far behind that of men. Five years ago, according to the CDSL survey in 2016, this number was less than 25%. According to a survey by DSP Mutual Fund and Nielsen Two years ago, only 33% of women made independent investment decisions, compared to 64% of men. The survey also revealed that a third of women who made their own investment decisions were encouraged by their spouses.
The tide is changing for the better. In the last 10 years, Kuvera has increased the participation of women on its app from 19% to 27%. Research shows that women make better investors because they are more patient and more goal-oriented.
In Upstox, out of the total female customers, more than 60% women are Millennials and almost 80% are from Tier 2 and Tier 3 cities. Upstox Co-Founder Kavita Subramaniam, says: “Many women took the lockdown as an opportunity to educate themselves and participate in the stock market.”
Sujaya Banerjee, CEO, Capstone Consulting, says that women constitute about 20% of the active traders in India. This number is interestingly increasing during the pandemic. Banerjee says there has been a 32% increase in business accounts by women, of whom 35% are housewives.
Founder of Finsafe India Mrin Agarwal He says that women generally prefer traditional investments with less risk than men who are willing to take more risk with their investments. Women also invest for a longer duration than men. “Nowadays I see many women interested in equity, but it may be because of the feeling of being left behind,” says Agarwal.
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