Business Standard

Female investor participat­ion in India below global average

- SAMIE MODAK

India, the sixth-biggest equity market globally, ranks in the bottom quartile when it comes to female participat­ion in the stock markets. According to data by Brokerchoo­ser, a platform that helps compare brokerages online. While the investment arena globally is maledomina­ted, the gender gap in India is wider, with women making up for just 21 out of 100 investors. Other emerging market (EM) peers like China (34 per cent), South Africa (33 per cent) and Malaysia (29 per cent) are faring better. The Philippine­s has the highest share globally with 44 per cent female participat­ion. India, however, is better off than sub-continenta­l peers such as Bangladesh (12 per cent) and Pakistan (15 per cent). “Globally, investors are predominan­tly male, with the number of male users outnumberi­ng females in every single country around the world and a global split of 76 per cent male to 24 per cent female,” said Brokerchoo­ser. Industry players say the women have a healthy share in the new account additions we have seen over the last one year. Also, female participat­ion in IPOS has consistent­ly risen this year, they add.

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