News From Press Mutual funds pump in nearly Rs 6,900 crore in IPOs in August

Mutual funds pump in nearly Rs 6,900 crore in IPOs in August

Source: Moneycontrol Sep 18, 2024

Mutual funds, which are seeing record inflows coming through SIPs, invested over Rs 6,900 crore in eight IPOs in August, which also saw the largest primary market fundraising since May 2022 with 10 companies raising a total of Rs 17,000 crore. The bulk of the mutual fund investments in the primary market happened by way of anchor investments in public issues.

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