AMFI Report : 2.03 crore investors have invested in Mutual funds


AMFI Report : 2.03 crore investors have invested in Mutual funds
  The latest (December, 2019) AMFI data shows that the mutual fund (MF) industry has 2.03 crore unique investors as on December 2019.
2019 ended on a positive note for the Rs.27 lakh crore Indian mutual fund industry.
The data has identified the number of unique investors by taking into account PANs/PEKRNs (PAN Exempted KYC Registration Number) of all unit holders or their guardians in case of minor unit holders.


As on December 2019, the MF industry has 1.98 crore unique investors with PAN and 4.67 lakh investors without PAN.
In 2012, the mutual fund regulator SEBI allowed investors to invest up to Rs. 50,000 annually in a single mutual fund per year without a permanent account number (PAN).

AMFI data shows that the MF industry has 8.71 crore folio as on December 2019. 
This indicates that the average MF investor holds close to 4 folios in mutual funds.
Also, the MF industry had 1.76 crore unique investors as on June 2018 indicating that the industry has added close to 26 lakh investors in one and a half years.
Industry experts feel the Mutual Funds Sahi Hai campaign, growing popularity of SIPs and ease of investment through digital technology have contributed to the industry’s growth story.


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