Diabytes
Equity fund folios News
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New Delhi: Driven by addition in equity fund folios, mutual fund (MF) houses registered a surge of more than 7.85 lakh investor accounts in the first two months (April-May) of the current fiscal, taking the total tally to 4.84 crore.
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Giving the reason for such rise in retail folios, industry officials said the growth is mainly due to addition in equity folios, which was supported by sharp rally in the stock markets.
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