Domestic funds stay put in equities with sustained inflow in August

September 5, 2024

The 12-month cumulative rolling investment by domestic mutual funds reached a record high of Rs 3.3 lakh crore ($39 billion) in August, according to SEBI data, driven by new opportunities in the primary market including IPOs and qualified institutional placements.

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Belrise Industries has set the price band for its Rs 2,150 crore IPO at Rs 85–90 per share. The issue opens on May 21 and

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