Ch.6 · ARN and EUIN Rules · medium
What is the significance of 'investor folios' count as an industry metric?
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EXPLANATION
The total number of investor folios in the mutual fund industry (published monthly by AMFI) is a key metric for measuring investor penetration. As of recent data, India has over 18 crore folios. However, since one investor can have multiple folios (one per AMC per scheme), the number of unique investors is lower than total folios.
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