27.50 lakh Women Investors joined MF INDUSTRY in last 3 Years

27.50 lakh women investors joined MF INDUSTRY in last 3 Yrs-Taxpuram

The number of women investors in the mutual fund (MF) industry rose to 74.49 lahks at the end of December 2022 against 46.99 lahks in December 2019, according to data provided by the Association of Mutual Funds in India (AMFI).

Overall, as gauged by PAN/PEKRN (PAN exempted KYC Reference Number), the number of unique investors jumped more than three times, from 1.20 crore at the end of March 2017 to 3.77 crore at the end of March 2023.

The big jump in unique investors has been seen after the Covid-19 breakout from 2.08 crore at the end of March 2020 to 3.77 crore at the end of March 2023.

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