Women fund manager still under-represented in Indian MF industry: Report

The latest study by Morningstar India shows that of the 399 fund managers, 32 are women, who are managing funds either as primary or secondary managers or have oversight as heads of equity or debt

The Rs 38-trillion Indian mutual fund (MF) industry continues to be dominated by male fund managers. With a meagre 8 per cent representation, women still remain drastically under-represented among the ranks of mutual fund managers, says the latest study by Morningstar India.

The latest findings of the report show of the 399 fund managers, 32 are women, who are managing funds either as primary or secondary managers or have oversight as heads of equity or debt. Currently, the total count of women fund managers has increased from 30 last year to 32 now.

Interestingly, the total number of fund managers