News From Press Mutual funds stock up on IPOs, large caps

Mutual funds stock up on IPOs, large caps

Source: Economic Times Oct 17, 2017

Three trends are evident in the way fund managers are changing the composition of their equity portfolio.

One, there is huge interest among fund managers of leading fund houses in the initial public offering (IPOs). Thanks to the advantage of capturing an early growth through IPOs, fund managers are making sure of their participation in the recent IPOs.

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