When we published the first Women of Wealth report in 2024, we asked a question the Indian wealth management industry had largely left unexamined: what does the financial life of a high-net-worth Indian woman actually look like, from the inside out?

The response told us there was a genuine appetite for honest, evidence-based insight. This second edition answers that appetite with more voices, more depth, and two years of measurable change.

Our 169 respondents hold a personal net worth of INR 5 crore or more, live in Tier-1 Indian cities, and span ages 22 to 76 across a wide range of professions and life stages. What they describe is a cohort that is more financially engaged, more confident, and more demanding of the systems around them than at any point we have been able to measure.

This report maps where things stand. It does not soften what remains difficult, and it does not overstate what has improved. It simply describes, as honestly as the data allows, the financial lives of high-net-worth women in India today.

Key Findings

Participation:

• Domestic equities now command the interest of 72.8% of respondents, an increase of nearly 11 percentage points from 2024, the largest single movement across any comparable question in both editions of the study.
  

• 50.9% of respondents rate their involvement in family investment decisions at 8 or above, the first time a majority has crossed this threshold in the study's history. The average involvement score has risen from 6.2 in 2024 to 6.95 in 2026.
  

Progress:

• 28.4% of respondents now thoroughly understand investing, have well-defined long-term objectives, and have the advisory partnerships to match, up from 22.9% two years ago.
  

• Roughly 53% of respondents can absorb at least a 20% portfolio decline before it causes genuine concern. The assumption that high-net-worth women are predominantly risk-averse is not supported by this data.
  

Probity:

• 75.1% of respondents named complete transparency on fees, risks, and conflicts of interest as non-negotiable in an advisory relationship. Transparency is not one preference among many, but rather the precondition.
  

• 68.6% of respondents are comfortable with AI-powered tools in wealth management, provided the primary advisory relationship remains human.
  

You can download the full Women of Wealth report by filling out the form above.