The lacklustre performance of the equity market in the last 18 months has proved to be a challenge in mutual funds' (MFs) push for higher penetration. In the first eleven months of the current financial year (FY 2023), the industry has added only 3.7 million new investors compared to almost 10 million during the same period of FY22, shows industry data.
Year-end portfolio rebalancing: Are you on track?
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