The number of new mutual fund folios, or investor accounts, has risen to 60,000 per day, about thrice the monthly average of the past three years, according to data compiled by ET Intelligence Group from Sebi website.
New folios in the six months to September numbered 6.65 million, just 500,000 short of the previous fiscal year's total, with much of the surge attributed to customers enrolling in systematic investment plans (SIPs).