Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
22 October, 2017 12:07 IST
Mutual Fund AUM touches new high of Rs 17.9 trn: ICRA
Source: IRIS | 17 Mar, 2017, 08.40AM
Comments  |  Post Comment

According to data from the Securities and Exchange Board of India (SEBI), the total folio count at the end of February 2017 stood at 5.43 crore, 1.1% higher than January 2017. Out of the 6.1 lakh folios added in the month of February 2017, 4.9 lakh folios came from the Equity (including the ELSS) category. Industry's folio growth is not keeping pace with AUM growth, which suggests that there is a huge untapped market. The MF industry needs to evolve further and devise innovative means to attract more investors.

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer