Indian women emerge as committed investors in US market: Vested Finance

About 60% are recurring depositors, many are particpants in some of the leading stocks and ETFs in America

According to Deloitte, the wealth management sector's shifting landscape has prompted industry participants to refocus business strategies. Simultaneously, women have emerged as interested, committed and knowledgeable investors. In India, Budget 2023 has led to an active conversation around LRS and investors’ appetite to invest in US Markets. To understand the growing contribution of women in their own wealth management, Vested Finance share insights on Indian women investing in the US markets.

• About 60% women in Vested Finance are recurring depositors

• Top 10 stocks and ETFs women invested in include nine tech companies, one semiconductor ETF. Details below:

1. TQQQ (ETF) – ProShares UltraPro QQQ

2. TSLA – Tesla

3. AMZN – Amazon

4. AAPL – Apple Inc.

5. GOOGL – Google (Alphabet Inc.)

6. MSFT – Microsoft

7. NVDA - NVIDIA

8. FB–Meta (formally Facebook)

9. SOXL (ETF) - Direxion Daily Semiconductor Bull 3x Shares

10. SHOP – Spotify Inc.

• 15% women invest in Vests (curated portfolios that comprise stocks and/or ETFs)

• More than 60% of women investors are millennials (1981-1995), and 20% are from Generation X (1965-1980)

• Vested’s female investors grew by 108% over the last one year and account for 15% of all active accounts