SEBI: Mutual Fund Industry Adds 6.06 Folios in Feb
Mar 14 2017
News Category: Industry Update
According to data from Securities & Exchange Board of India (SEBI), the mutual fund industry has added over 6.06 lakh folios in Feb 2017. This growth is largely because of increase in equity folios. SEBI data showed that equity funds have added 4.93 lakh folios in Feb. Experts attributed this to rising number of SIP accounts.