New Delhi, March 8 -- For Vrinda, 36, her go-to for financial advice was a group of colleagues known to be smart investors. Once a strong advocate of them, she now cautions others against such groups.

Like many women, Vrinda had never learnt about money management and had been kept out of financial conversations at home, with her partner preferring to keep family finances under his control.

The constant investment-related chatter at work eventually prompted her to start investing. The group was investing in cryptocurrencies at the time. Unfortunately, the platform through which she invested suffered a hacking incident and she lost her capital.

Burnt by the experience, she stayed away for a while, only to return to investing through hig...