The third quarter of FY14-15 saw a jump in equity folios as compared to previous periods, with over 7.5 lakh new folios added
15-May-2015 •Research Desk
The third quarter of FY14-15 has seen a jump in equity folios as compared to previous periods. The pattern of decline in equity folios had persisted since 2009. However, with the addition of over 7.5 lakh folios in Q3 of FY14-15, a reversal in the trend seems to have occurred.
Though it may still be early to term the change in trend decisive, yet it seems like rising markets are attracting investors. Year 2014 was phenomenal for equity investors, with mutual funds registering extraordinary returns, which far outdid the benchmark returns. Year 2015 also looks promising.