Mutual fund houses have registered a surge of over 67 lakh investor accounts during the first 11 months of the just ended fiscal, taking the total tally to a record 5.4 crore on growing interest of retail investors.
This has already topped 59 lakh folios additions made in 2015-16. In the last two years, investor accounts have increased following robust contribution from smaller towns.
Folios are numbers designated to individual investor accounts, though an investor can have multiple ones.
