The number of mutual fund folio accounts of high networth individuals (HNIs) and institutional investors increased year-on-year by 39% and 23%, respectively, in the March 2017 quarter, data from the Association of Mutual Funds in India (AMFI) show. These two entities have buoyed the inflows into mutual funds after the demonetisation drive that began in November 2016.
Is your money management strategy actually working? Key signs you might be off track
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