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MF accounts drop by over 24 lakh during Apr-Nov

Last Updated: Wednesday, January 1, 2014, 13:48

Mutual fund industry has lost an estimated over 24 lakh investors, measured in terms of individual accounts or folios, in the first eight months of the current fiscal.

MF accounts fall by over 13 lakh in April-July period: SEBI

Last Updated: Sunday, September 15, 2013, 10:47

Mutual funds lost more than 13 lakh investors, measured in terms of individual accounts or folios, in the first four months of the current fiscal, mainly due to profit booking and various merger schemes.