InvestorQ : Has the market rally resulted in an increase in mutual fund folios?
Anjana Aiyar made post

Has the market rally resulted in an increase in mutual fund folios?

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Khushi Patel answered.
1 week ago
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Indian mutual funds have added 81 lakh investor folios in FY21 taking the tally of investor folios to 9.78 crore. This is 12% higher than folios added in FY20, but lower than the 1.13 crore folios added in FY19 and 1.60 crore folios in 2017-18.

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