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MFs' equity folio stands at 84,000 in Q1 FY15

The number of equity folios rose to 2.92 crore at the end of June 2014 from 2.91 crore at the end of March 2014.

July 31, 2014 10:18 IST | India Infoline News Service
Equity mutual funds reported an addition of around 84,000 investor folios during the April-June quarter of this fiscal.
The number of equity folios rose to 2.92 crore at the end of June 2014 from 2.91 crore at the end of March 2014.
The number of equity folios stood at 2.92 crore in May, as against 2.96 crore at the end of April 2014.
The mutual funds industry reported a record of Rs 7,309 crore net inflows in equity funds in June, which helped the industry grow its folio count.
The BSE's benchmark Sensex breached 25,000 mark in June, NSE's Nifty closed at its the then all-time high of 7,600 points during the month.

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