News From Press MF folio addition hit a record high in August on small cap boom

MF folio addition hit a record high in August on small cap boom

Source: ET Sep 21, 2023

The monthly folio addition by equity mutual funds was at a record 2.2 million in August 2023, the data from Association of Mutual Fund in India (AMFI) showed. The monthly addition in August was twice that of the long-term average.

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