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AMCs added 51 lakh investor accounts in June quarter: AMFI data
short by Apurva Bharadwaj / on Sunday, 10 July, 2022
Asset Management Companies added 51 lakh investor accounts in the June quarter, as per the data by the Association of Mutual Funds in India (AMFI). The total tally now stands at 13.46 crore. In comparison, 93 lakh accounts were opened in the March quarter, the data further showed. Notably, the industry crossed 10 crore folios in May 2021.
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