The mutual fund industry has added over 30 lakh unique investors between April and August 2021. With this addition, the total number of unique investors crossed the 2.50 crore mark in August.
According to latest AMFI data, the MF industry has 2.53 crore unique investors as on August 31, 2021. The figure has gone up 14% in FY 2022. In March 2021, the number of unique investors was 2.23 crore.
*in crore
A similar growth was seen in folio addition. Over 1 crore new folios have been added in FY22 till August. At the end of the previous month, the total number of folios stood at 10.86 crore, which is 11% higher than that in March 2021.
*in lakh
An increasingly higher number of folios are being added every month since the last four months. In May, 18.76 lakh new folios were registered. The figure went up to 21.6 lakh in June, 29 lakh in July and 30.5 lakh in August.
