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Women Investors Boost Equity Holdings to Two-Thirds of Mutual Fund Assets
M
Moneycontrol•25-09-2026, 16:28
Women Investors Boost Equity Holdings to Two-Thirds of Mutual Fund Assets
- •Equity funds now comprise 65% of women investors' mutual fund assets as of March 2025, a significant rise from 40% in March 2020, according to ICRA Analytics.
- •This 25 percentage point increase in equity share among women-led AUM is sharper than the 18 percentage point rise seen across the overall mutual fund industry during the same period.
- •The equity share of women investors' MF assets (65%) also significantly outpaced the industry-wide share of 45% in March 2025.
- •The report highlights a broadening of equity participation, with a strong equity tilt observed in B30 locations (cities beyond the top 30), where equity-oriented schemes made up 65.9% of mutual fund assets by July 2026.
- •Equity fund folios continued to grow even during market downturns, increasing from 18.12 crore to 18.27 crore between February and March 2026, despite a decline in AUM.
Key Questions Answered
Equity accounted for 65% of women investors' mutual fund assets in March 2025, which was a significant rise from 40% in March 2020 and well above the industry-wide share of 45% during the same period.
As of July 2026, equity-oriented schemes accounted for 65.9% of mutual fund assets in B30 locations, compared with 39.8% in T30 cities.
Even though equity fund AUM declined from Rs 35.39 lakh crore to Rs 31.98 lakh crore between February and March 2026, the number of equity folios actually increased from 18.12 crore to 18.27 crore.
