Market volatility hurts, Mutual Funds lose 8% retail folios in first half of FY14

Oct 26 2013, 10:48 IST
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SummaryThe mutual fund industry currently has 4.13-crore folios.

portfolio in AUM terms was in liquid funds, which rose 106% to nearly R12,000 crore.

About 68% of the retail AUM stayed in the equity mutual funds for more than two years, higher than 63% seen in the preceding six months. About 59% of HNI AUM stayed invested in equity mutual funds for more than two years.

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