Women fund managers outperform men on delivering returns: Morningstar study

Manage Rs 3.59 trillion or 13% of MF industry assets, yet remain under-represented in the industry, constituting only 8% of the country's fund manager population

A report by Morningstar shows that women fund managers have delivered better returns for domestic investors than their male counterparts. 

According to the report, of the total open-ended investor assets managed by women fund managers, 78 per cent of assets under management (AUM) have outperformed the peer group average over 1-year period. Over three-year, it is 72 per cent and 90 per cent over a five-year basis.

However, the report pointed out that women fund managers remain under-represented. Of the 352 fund managers, the number of women fund managers stand at 28 or eight per cent. Of the total MF industry assets,