News From Press Mutual funds are taking a shining to new-age stocks

Mutual funds are taking a shining to new-age stocks

Source: ET Nov 9, 2023

When Honasa Consumer, the parent of beauty and personal care brand Mamaearth, opened the anchor portion of its initial public offering (IPO) on October 30, domestic mutual funds bought shares worth Rs 253.61 crore. With this, Honasa Consumer has emerged as the latest addition to the growing list of new-age stocks finding traction among domestic mutual funds.

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