Mutual fund industry has added more than 72 lakh folios in 2019-20 taking the total tally to near 9 crore mark. However, the pace of growth in folio numbers dropped in the just concluded financial year 2019-20 as compared to preceding two fiscal, which suggests investors' understanding about market risks associated with such schemes.
Industry experts attributed the trend to decline in investors account in debt oriented schemes as they were spooked by credit events in fixed income marke ..
