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.

Click to read

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Is your mutual fund overlapping putting your investments at risk? How to identify and avoid it!

How ‘bucket strategy’ can ensure regular income after retirement, while protecting nest egg

Average health insurance claims size rises 11.35% YoY in FY24: ACKO Report

Life insurance firms to discuss norms on surrender value on Sept 27 meeting

Multicap vs Flexicap funds: Which is a better choice at this point?

Indian equity funds' cash holdings at 5-year high on caution over valuations

What is Mutual Fund Lite? All you need to know about the new asset class that may become a reality on Sept 30

By balancing risk and reward, investors made up to 50% returns in multi-asset allocation funds

SEBI board may give nod to MF lite, new asset class on Sept 30

Mutual fund assets spike 40% in a year on equity-oriented schemes, higher retail participation: AMFI data

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS