Nice topic

That's a great research topic—timely and very relevant, especially with the rising participation of women in financial markets. When I started working on the literature review for this, I began by exploring two key areas: one, the broader landscape of financial literacy among women in India; and two, how that literacy translates into actual participation and behavior in the capital markets.

I came across some foundational studies by organizations like SEBI and NSE, which had surveys on investor literacy and participation. They consistently pointed out that while awareness is improving, there’s still a significant gender gap in both financial knowledge and risk-taking ability. I also referred to global literature—like the work by Lusardi and Mitchell on financial literacy and retirement planning—to build a framework for understanding how financial literacy affects investment decisions.

Another angle I found useful was behavioral finance—especially how factors like over-cautiousness, risk aversion, and social conditioning influence women’s investment choices. In Indian studies, researchers like S. Sivaraman and R. Vijayalakshmi have done some work analyzing gender-based investment behavior patterns.

Overall, the literature shows that improving financial literacy among women does more than just empower them individually—it actually has a multiplier effect on household savings, financial inclusion, and ultimately, capital market development. I'm currently mapping these insights to the Indian context, and trying to identify what gaps still exist in the literature—especially in terms of region-specific and demographic-specific data.

Thanks a lot for your inputs madam..