Mumbai, Sep 12 || The total number of mutual fund folios touched a record high of 24.89 crore in August, marking a 5.3 per cent jump over the first five months of FY26.
The growth rate has decelerated compared to the first five months of FY25, when folio count increased around 14 per cent, rising from 16.99 crore to 19.4 crore. The numbers don't represent individual investors, as one investor may hold multiple folios across various schemes.
Equity schemes accounted for the largest segment, totalling 17.32 crore folios, according to August data from the Association of Mutual Funds of India (AMFI).
Analysts said that the growth in folio count moderated due to lower New Fund Offer (NFO) activity, cautious investor sentiment and folio consolidation. In August, 23 schemes were launched raising Rs 2,859 crore from investors.