Initially, in the earlier days, many women—especially in Indian households—played a silent yet powerful role in managing the family’s finances. In previous days, it wasn’t uncommon to find grandmothers and mothers quietly tucking away cash in steel containers, kitchen shelves, or hidden saree folds. This was their way of saving, of feeling secure. This tradition became famously known as the “Dabba system.”
What is the Problem in Dabba system?
The Dabba (meaning “box”) system, though rooted in good intentions, came with its share of limitations:
- The money didn’t grow—it just stayed idle.
- It wasn’t protected from emergencies like fire, theft, or inflation.
- Most importantly, the potential to generate wealth was completely missed.
Time is changing now.
Today, women are stepping into leadership roles, becoming entrepreneurs, and managing households and careers with unmatched grace. But one thing remains crucial: financial security. And now, it’s time for those “Dabbas” to evolve into digital dashboards and mutual fund portfolios.
In a world where women are breaking barriers and redefining success, financial empowerment is more than just a necessity—it’s a revolution. “Money Matters for Her” is not just a phrase; it’s a movement to ensure every woman has the knowledge, confidence, and resources to take control of her financial future.
For generations, financial decisions were often left to men. But today, women are not only contributing to household incomes—they’re building businesses, investing wisely, and planning for the long-term. Yet, despite the progress, studies show that many women still feel less confident in managing money.
Savings Vs Investments:
Saving is a habit. But investing is a strategy. While a savings account keeps your money safe, investments help it grow. And you don’t need lakhs to start investing—just consistency, clarity, and confidence. For women—especially homemakers, young professionals, or even rural women exploring financial independence for the first time—mutual funds offer a flexible, low-entry, professionally managed way to grow wealth.
Two Mutual Fund Schemes Women can choose
Let’s talk about two mutual fund schemes designed with safety + growth in mind:
1. Saving Plus Funds (Combine benefits of Saving & Fixed Deposit)
Perfect for women who are new to investing or want to shift from traditional savings. This fund invests in a mix of debt and short-term instruments. It offers:
- Capital protection
- Better returns than savings accounts
- Easy withdrawal options
Ideal for: Emergency funds, short-term savings, and first-time investors.
2. Balanced Advantage Fund (Smart Mix of Equity & Debt)
A great option for women who want the best of both worlds—growth and stability. This dynamic fund automatically adjusts the balance between equity and debt based on market conditions. Features:
- Market-linked returns with lower volatility
- Professional rebalancing to manage risk
- Ideal for medium- to long-term goals
Ideal for: Retirement planning, children’s education, or building long-term wealth with controlled risk.
To every woman reading this: Your financial future is yours to shape. Don’t wait for the “right time” or the “perfect knowledge.” Start now. Start small. But most importantly—start. Financial freedom isn’t a luxury. It’s your right. Do remember when women have money, we don’t just change our lives—we uplift communities, rewrite legacies, and inspire generations.
