Question

According to Securities and Exchange Board of India, how many unique mutual fund (MF) investors were there in India, as of June 2024?

• A. 2.2 crore
• B. 9.6 crore
• C. 4.7 crore
• D. 3.6 crore

Answer 1

Answer:

C. 4.7 crore

As of June 2024, there were 4.7 crore unique mutual fund investors in India. The mutual fund industry in India is experiencing significant growth and is expected to play a crucial role in wealth creation and financial inclusion as the country progresses.