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The Quant Mutual Fund Founder & CEO sees listed commodities, metals, pharma, cement, and infra as pockets that offer value at the current juncture
We considered all equity mutual fund categories such as large cap, mid cap, small cap, large & mid cap, ELSS, multi cap, flexi cap, focused fund, value, contra, sectoral and thematic categories. We considered regular and growth options.
Fund managers believe that the regulatory advisory on smallcap funds will not have an impact on the broader markets but will improve transparency in the mutual fund space. However, they suggest that investors be cautious in this space as valuations are not cheap.
The issue received bids of 32,50,160 shares against the offered 2,89,47,367 equity shares, at a price band of ₹342-360, according to the data available on the stock exchanges.
The company informed the bourses that it allocated 2,25,00,000 equity shares at ₹360 per share on Tuesday, February 20, 2024, to anchor investors.