Women traders' average portfolio size 5x that of Indian average: FYERS study

Maharashtra and three southern states accounted for nearly half of the women traders' numbers on the platform.

The average equity portfolio size of women investors is five times that of the average equity portfolio size of Indian equity investors, according to a study done by one of the leading brokerages.

The average portfolio size of women was found to be Rs 55,454, which is multiple times more than the average portfolio size of an Indian investor, which is Rs 10,000, according to FYERS. FYERS has a user base of 6.5 lakh of which 15 percent is women traders.

Most of the women traders, around 68 percent of them, had portfolio sizes under Rs 1 lakh; 21 percent had Rs 1 lakh to Rs 5 lakh; and 11 percent had more than Rs 5 lakh.

Also read: Women’s Day: 6 reasons women are better than men at trading

Their equity investments are growing the fastest. While their equity investments were seen to be growing at 9.5 percent, their derivative and commodity investments rose by 5.6 percent and 5.07 percent respectively.

There were other interesting insights as well.

The highest number of women traders come from Maharashtra (22.38 percent of the total), Andhra Pradesh (10.68 percent), Karnataka (7.65 percent), Uttar Pradesh (6.43 percent) and Kerala (5.78 percent). That is, Maharashtra and three southern states accounted for nearly half of the women traders' numbers on the platform.

On a city-wise distribution, women traders' highest numbers came from Mumbai (4.16 percent of the total), Bengaluru (4.19 percent), Pune (3.93 percent), Thane (2.66 percent) and Hyderabad (2.62 percent).

Among Tier-II cities, Nagpur (1.87 percent), Vishakapatnam (1.12 percent), Surat (1.05 percent) and Guntur (1 percent) saw the highest number of women traders.

A large majority of the women traders on the platform fall in the working-age group.

Fifty-eight percent of women traders on the platform were found to be between 26 to 40 years old, 24 percent between 41 to 55, and 9.5 percent above 55. Eighteen to 25-year-olds formed just 8.5 percent of the total.

The split showed a dominant presence of women traders between 26-55 years of age (82 percent).

Also read: How Indian investors are gaining as Nvidia sees record rally

"Given that a large chunk of them come from metros and urban centres, it can be assumed that many of them are working are financially independent," stated the brokerage.