82% women prefer mutual funds, stocks for investment: Survey

A survey has showed that as many as 82 per cent women are preferring stocks and mutual funds to meet their investment goals.

The survey conducted by investment platform 'Groww', in which 26,000 women participated, also showed that 43 per cent women chose traditional avenues such as fixed deposit and public provident fund to park their money.

Gold remained the top investment choice with 25 per cent women investing in it, 13 per cent chose real estate and 9 per cent women chose to invest in pension scheme, according to the survey. The survey noted that 64 per cent women are financially confident and take investment decisions on their own.

It also noted that income and education levels did not have a significant bearing on the investment options women selected.

"52 per cent of women earning less than Rs 5 lakh said they were actively investing and chose stocks and mutual funds as their preferred investment option," the survey said.