Women Need To Move From Being Diligent Savers To Good Investors

Women are seen as more diligent when it comes to saving, but that usually doesn’t translate into investments. In a recent panel discussion on the role of women in financial decision-making, which was part of the FORHER campaign of Aditya Birla SunLife Mutual Fund for women empowerment, in association with Outlook Money, the experts discussed why it is important for women to take part in financial decision-making. The panellists for the webinar were Sunaina da Cunha, head of fixed income at Aditya Birla Sunlife Mutual Funds, and Kiran Telang, a registered investment advisor with the Securities and Exchange Board of India. The discussion was moderated by Nidhi Sinha, editor, Outlook Money. Da Cunha mentioned how women have traditionally managed the household budget, but these savings have been in the form of cash, gold and jewellery and other informal market investments. “If...