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  • MF News MF industry welcomes 7 lakh new investors in April

    MF industry welcomes 7 lakh new investors in April

    With the latest addition, the unique investor count has reached 3.4 crore, shows AMFI data.
    Team Cafemutual May 17, 2022

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    The unique mutual fund investor count reached 3.4 crore in April 2022 as the industry added over 6.7 lakh new investors last month.

    However, the growth in investor count was much lower in April compared to the average investor addition in the previous 10 months. In the last one year, the industry added more than 10 lakh investors on four occasions — July 2021, December 2021, January 2022 and February 2022. The highest investor addition happened in December 2021, when the industry reached the landmark of 3 crore unique investors with an addition of 22.5 lakh new investors.

    The unique investor count is the total number of PAN and PEKRN (PAN exempt investor category) registered with mutual funds.

    As of April-end 2022, the total number of unique PANs and PEKRNs registered with the industry was 3.38 crore and 4.63 lakh.

    The last financial year was a breakthrough year for the industry as far as investor addition is concerned. The industry added over 1.09 crore new investors during the period. As a result, the count jumped 48% to 3.37 crore last financial year.

    Month

    Unique investor count

    Growth

    May-21

    2.35 crore

    Jun-21

    2.4 crore

    4,38,340

    Jul-21

    2.5 crore

    10,92,111

    Aug-21

    2.58 crore

    8,04,756

    Sep-21

    2.67 crore

    9,14,270

    Oct-21

    2.76 crore

    8,61,179

    Nov-21

    2.83 crore

    7,72,801

    Dec-21

    3 crore

    22,52,697

    Jan-22

    3.17 crore

    10,98,579

    Feb-22

    3.27 crore

    10,28,491

    Mar-22

    3.37 crore

    9,37,836

    Apr-22

    3.43 crore

    6,77,360

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