According to a joint study by Crisil and mutual fund trade body AMFI, total assets under management (AUM) of women investors in mutual funds with a holding period of over five years have grown from 8.8% in March 2019 to 21.3% in March 2024. In the case of male investors, it is 19.9% in 2024 as against 8.2 % in 2019.
US consumer sentiment near record low ahead of midterm elections
In October, consumer sentiment in the U.S. plummeted to a concerning 48.0, driven by rising prices and economic worries amid the ongoing Middle East conflict.