JJEM: Special Edition 3 (January 2025)
JJEM: Special Edition 3 (January 2025)
2025-01-20
The Role of Diverse Investment Avenues in Wealth Creation Through Mutual Funds in Liberalized India to Empower Women
Deepika Agarwal, Dr. Vipul Jain
This study explores the role of diverse investment avenues, particularly mutual funds, in fostering wealth creation among women in liberalized India. Following the economic reforms of the 1990s, the Indian financial landscape transformed, offering a variety of investment options that can empower women by enhancing their financial independence. Despite the advantages of mutual funds - such as professional management, diversification, and relative ease of access - women continue to face significant barriers, including cultural norms, lower financial literacy, and limited investment experience. The research highlights the importance of targeted financial education programs aimed at women, which can increase their confidence and participation in investment activities. Case studies demonstrate successful initiatives, such as the Mahila Udyami Scheme, which facilitate women's engagement in mutual fund investments and contribute to their economic stability. Additionally, the study examines the supportive role of government policies and institutional efforts in promoting financial inclusion for women. By identifying the challenges and opportunities within the context of mutual funds, this study underscores the potential of these investment avenues to serve as a means of empowerment for women in India. The findings advocate for a multi-faceted approach that includes financial literacy, supportive policies, and targeted investment products to bridge the gender gap in financial markets
Mutual Funds, Wealth Creation, Women Empowerment, Financial Literacy, Investment Avenues, Liberalized India, Economic Independence, Financial Inclusion, Gender Gap.