Diabytes
Mutual Fund Folio News
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Driven by strong participation from retail investors, mutual fund (MF) houses have registered an addition of nearly 70 lakh investor accounts in 2016 taking the total tally to nearly 5.3 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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