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Outlook & Strategy

MF Weekly: MFs folio count climbs 62 lakh in Apr-Jan to record 5.4 cr

SMC , 15 Feb 2017
Driven by strong participation from retail investors, mutual fund (MF) houses have registered an addition of around 62 lakh investor accounts in the first 10 months of the current fiscal, taking the total tally to 5.4 crore. This follows addition of 59 lakh folios in 2015-16 and 22 lakh in 2014-15.
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