Mutual Fund folio count stood at 7.22 crore as on Apr
May 10 2018
News Category: Industry Update
According to data from the Securities and Exchange Board of India (SEBI), total folio count of mutual fund industry stood at 7.22 crore as on Apr 2018, reflecting a 28.58% YoY growth from 5.61 crore in the same period last year. During the month of Apr, the industry saw an addition of 8.39 lakh folios. Over the month, equity-oriented scheme category witnessed an increase of 1.37% or 7.36 lakh folios to 5.43 crore folios as on Apr 2018.