Axis MF adds most folios in FY21, ICICI Pru MF next; HDFC MF loses clients
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Last Updated: Jun 09, 2021, 09:50 AM IST
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MUMBAI: Axis Mutual Fund beat the top three mutual funds in the industry to record the largest addition of new fund folios in the financial year ended March 2021, data from the Association of Mutual Funds in India (Amfi) website showed.
Axis MF added 20,42,150 new fund folios during the financial year, followed by ICICI Prudential Mutual Fund, which added 20,42,016 new fund folios.
ICICI Prudential MF was a comfortable leader when it came to the Big Three, which include HDFC Mutual Fund and SBI Mutual Fund. With the addition of over 20 lakh new folios, ICICI Prudential MF retained its leadership position. Its total folios stood at 1.14 crore.