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MF investments in debt funds at 6.4mn in April-July: SEBI

The number of folios in equity schemes had fallen by over 1.4 million in April-July 2013-14 to 31.7 million at end-June from 33.1 million at end-March 2013

September 17, 2013 3:15 IST | India Infoline News Service
The number of individual investor portfolios in India declined 1.3 million to 41.5 million at the end of July 2013 from 42.8 million at end July in the previous financial year (April 2012-March 2013), according to SEBI (Securities and Exchange Board of India) data.

The number of folios in equity schemes had fallen by over 1.4 million in April-July 2013-
14 to 31.7 million at end-June from 33.1 million at end-March 2013, SEBI data added.
The total number of folios in debt funds rose by about 0.22 million to 6.4 million at the end of July 2013 while the number of folios of exchange traded funds increased by over 2,960 to 0.74 million accounts at the end of July 2013, SEBI data showed.

The number of folios of balanced schemes declined 88,665 to 2.5 million at end-July 2013.

As on 31 July, the total number of schemes offered by the mutual fund industry stood at 1,172, which included 345 equity schemes and 739 debt-linked schemes, SEBI added.

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