Nearly 3.8 million new folios were opened for equity-oriented mutual funds between June 2015 and June 2016, an increase of about 12%. This came on the back of around 10% increase in folios in the year before that. A steady rise in equity folios among retail investors is an encouraging trend because steady investment in equity will help you create long-term wealth.
If you are intrigued by equity, or want to come back to it after having suffered a bad experience—the first step is to ensure that you really are ready for it. To be ready for equity, you must understand the difference between growing wealth and earning regular income, be able to withstand volatility and remain invested for many years.
