DSP Mutual Fund launches special hotline for women

DSP Mutual Fund has launched an exclusive hotline for women to encourage them to learn more about investing. Women can give a missed call on 8657011333 if they want to learn more about mutual funds, investing or simply about how they can take their first steps toward building a financial plan, a press release said.

Women think differently than men and may need more personalized guidance based on their attitude towards money and their confidence levels, said the release.

DSP’s Winvestor Pulse 2022 Study, conducted with research agency partner YouGov, revealed that nearly 2 out of 3 Men (65%) take Investment decisions largely independently but a much smaller percentage (44%) of women do so. The study also found that a much higher proportion of men (40%) when compared to women (27%) take entirely independent investment decisions (without even consulting a professional advisor).