The mutual fund business added greater than 8.1 million folios in 2020-21, larger than the practically 7.29 million it added in 2019-20, in line with information from the Affiliation of Mutual Funds in India (Amfi). Regardless of a pandemic raging all year long, new buyers proceed to hitch the business and use mutual funds as a car for securing their monetary future.
These new buyers should, nevertheless, make the best begin. If they’ve a foul expertise of their preliminary foray, they might get turned off mutual funds ceaselessly and lose out on their potential for wealth creation over the lengthy …
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First Revealed: Fri, April 30 2021. 20:01 IST