“Investing in equity should follow an asset allocation approach. This would depend on return expectation as well as the time horizon of investments. The allocation would also depend on the age profile of the investors. We recommend a buy and hold strategy for equity investments keeping asset allocation framework in mind.”
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.