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Total number of folios of Indian mutual fund industry doubled in last 5 years to touch 17.79 lakh cr

Total number of folios of Indian mutual fund industry doubled in last 5 years to touch 17.79 lakh cr

Apr 17, 2024, at 08:51 am

Mumbai: The total number of folios in the Indian mutual fund industry has nearly doubled in the last five years at 17.79 lakh crore in March 2024, up from 8.97 lakh crore in March 2020 on the back of increasing awareness and a growing interest among retail investors for investing in equities and bonds through the mutual fund route.