MFS ADD 5.6 LAKH NEW A/CS IN JULY

NEW DELHI: The mutual fund (MF) industry added over 5.6 lakh investor accounts in July, taking the total tally to 9.2 crore, primarily on account of contribution from debt schemes.in comparison, the industry had added 5 lakh new folios in June.according to data from Association of Mutual Funds in India, the number of folios with 45 fund houses rose to 9,21,05,737 at the end of last month, from 9,15,42,092 at June-end, registering a gain of 5.63 lakh folios.of the total new folios last month, more than 4 lakh were added in debt funds.