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Investors have pumped in a staggering over Rs 12,400 crore in equity mutual funds in April, driving the assets under management to a record Rs 8 trillion. This is much higher than over Rs 6,650 crore inflow seen in such schemes in March, according to the data from the Association of Mutual Funds in India (Amfi).

Driven by strong participation from retail investors, mutual fund (MF) houses have registered an addition of 1.6 crore investor accounts in 2017-18, taking the total tally to over seven crores. This follows an addition of over 67 lakh folios in 2016-17 and 59 lakh in 2015-16. Folios are numbers designated to individual investor accounts, though an investor can have multiple accounts.