India is marching ahead on its way to economic growth. Among many success factors, youngest working population in the world and internet revolution contribute a lot to its growth. An expanding participation by women in workforce is one of the big positives for the country. According to a McKinsey study, increasing women’s labour force participation by 10 percentage points could add $700 billion to India’s GDP by 2025 (or a 1.4% increase)

(Source: http://www.catalyst.org/knowledge/women-labor-force-india)

Despite women taking reins at work, there remains much hoopla about them shying away from finances. They are often blamed for leaving the finances to males in the family. But here’s some redemption for the fairer sex. Women’s skills and strengths are not news. They inherently excel in things like empathy or patience that best of tutoring & practice cannot bring to men, and therefore have great investing qualities.

Here are the 5 reasons that make women great investors

• They seek value

  It’s rare for women that their decisions are taken on an impulse. They are known to assess pros and cons before betting their dollar into a deal. Everything has to be worth their time and money. Investing is a decision that requires adequate planning and time to give optimum results, which women have an inclination for.

• Patience is a virtue

  Women nurture families. Alongside office, they tend to be involved in home, kitchen, gardening etc. which ingrains immense patience in them. Investing is a game of patience since one has to give time for the money to grow, making women perfect candidates for it.

• They say when they don’t know

  Learning never stops due to the multifarious roles that are thrown at women. They adapt well to situations. But what keeps their learning curve on is their ability to seek help. Yes, they say it when they don’t know.

  It may sound like a child’s play but one needs some understanding of investing before venturing into it. Unlike their male counterparts, women are not afraid of throwing in the towel, picking up some lessons and getting on with the job at hand.

• They are driven by goals

  Whether personal or for children, women take stock of future requirements and plan for it in advance. It’s no wonder mothers start saving early for higher education or marriage. Having goals before investing is the ideal way which is why women can be a natural at investing.

• The God is in the details

  Ever wondered why women don’t miss birthdays and anniversaries? For most women, the God is in the details. They tend to be mindful of minute details. It helps women who invest keep a track of performance which is required periodically. Often long term investments slip from memory and we lose track, though not quite with women.

  It may sound like a child’s play but one needs some understanding of investing before venturing into it. Unlike their male counterparts, women are not afraid of throwing in the towel, picking up some lessons and getting on with the job at hand.

Other than the above traits, women are habitual savers from their monthly expense budgets. They should aim to invest in a Systematic Investment Plan to utilize their savings reasonably well.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.