Indian Mutual Funds AUM 2017
News On Indian Mutual Funds AUM 2017
Indian Mutual Fund Industry to Reach Rs.20 Trillion Mark in 2017
December 2016 saw more than 7 lakh new folios addition, taking the total folio count to 5.2 crore, which is 1.5 per cent higher than in November and 10.8 per cent than in March 2016. During December 2016, 1 lakh new folios were added to the ELSS category, while equity, balanced, and ETF together witnessed addition of more than 5 lakh folios. Except from gold ETFs, Folio count grew across all debt categories, and in the liquid category it doubled from the March 2016 level.