Mutual funds add 7 lakh folios in Apr; total tally surpasses 9-cr mark
According to data, the number of folios with 44 fund houses rose to 9,04,28,589 at the end of April, from 8,97,46,051 in the end of March, registering a gain of 6,82,538 folios. This comes following an addition of over 9 lakh investor accounts in March.
The mutual fund industry has added nearly seven lakh investor accounts in April, taking the total folio tally to 9.04 crore, amid volatility in broader market, Photo: Pixabay