The number of new investor fund folios coming from smaller cities has been rising on a monthly basis. The mutual fund industry has added 2.3 crore investor folios from April till August 2024 out of ...
A study by Zerodha Capital MF shows that more than 50% of the new investor folios added by the mutual fund industry have come from B30 cities. However, despite this, B30 cities constitute about 19% of ...