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Mutual Funds' asset base from smaller cities up 41% to Rs 3.09 lakh crore in FY17

Mutual Funds' asset base from smaller cities up 41% to Rs 3.09 lakh crore in FY17

Sun, May 14, 2017

The contribution of the country's smaller towns -- beyond-15 cities (B15) in industry parlance -- to mutual funds' (MFs) asset base surged 41% to Rs 3.09 lakh crore by March-end due to investor-friendly initiatives by Sebi.

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