Mutual funds add over 3 cr folios in FY22 on sharp rally in equity market, digitization

Increasing awareness about mutual funds, ease of transactions through digitization and sharp surge in equity markets have aided asset management companies to add a staggering 3.17 crore investor accounts in 2021-22, with experts saying the trend is likely to continue this fiscal as well. This was a significant rise from 2020-21 when 81 lakh accounts … Read more