The mutual fund industry has seen a rise in number of investors in the last few years with the count of new / unique investors hitting the 54 million mark in 2025, up a healthy 20 per cent (45 million) compared to 2024, and a staggering 42 per cent (38 million) rise when compared to 2023, suggests a recent note by Kotak Institutional Equities (KIE).
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