Mutual fund folio count comes in at 7.35 crore in May
Jun 08 2018
News Category: AMC Specific Updates
According to data from the Securities and Exchange Board of India (SEBI), total folio count of mutual fund industry stood at 7.35 crore as on May 2018, reflecting a 28.43% YoY growth from 5.72 crore in the same period last year. During the month of May, the industry saw an addition of 12.65 lakh folios. Over the month, equity-oriented scheme category witnessed an increase of 2.03% or 11.03 lakh folios to 5.54 crore folios as on May 2018.