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`Women must take active role in investment decisions'

Our Bureau

Kochi , Oct. 15

WOMEN have proved to be quite successful in all walks of life, then why not in stock market investments, Ms Deena Mehta, former president of the Bombay Stock Exchange, asked?

Inaugurating here the women's only branch of Geojit Financial Services Ltd, she said that since returns from banks often fell below the levels of inflation, there was an urgent need for women to take an active role in investment decisions and look for fresh investment opportunities. Women of today contribute to the income of the family and have to take part in the family investment decisions as well. However, she warned that there should be a clear distinction between speculation and investments.

Mr C.J. George, Managing Director of Geojit, stressed the need for investor education. The new branch will go a long way in clearing even the fundamental doubts of women regarding the stock markets, and promote their investment aspirations.

Addressing the 300-odd aspiring women investors, Ms Bekxy Kuriakose, Fund Manager, SBI Mutual Fund, gave a detailed presentation on the advantages, risk and rewards of subscribing to mutual funds. She advised the investors to understand the funds in which they are investing and to follow them up on a regular basis.

Ms Rasheeda Bhagat, Associate Editor, The Hindu Business Line, warned women investors from indulging in speculation and day trading. Since the confidence level as well as the earning capacity of women are going up, it is time for them to look at investment avenues including equity. She quoted examples of women artists doing well in stock market.

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