As of 12 noon, the non-institutional investors subscribed the issue by 84.8 times, followed by the retail investors, who had subscribed the issue by 24 times. Meanwhile the Qualified Institutional Buyers (QIBs) had subscribed the issue by 6.3 times.
This was closer to 2024’s lows of 12.7% on June 4, which was seen at the start of June 2024 during the once-in-five-year mega event
Here are some suggestions from wealth advisors on how mutual fund portfolios could be structured for conservative, moderate risk, and aggressive-risk investors this year.
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