Initial public offerings of eight new-age internet companies in 2024 revealed a significant disparity in wealth creation between startup founders and employees. Founders amassed nearly Rs 34,000 crore, compared to Rs 8,500 crore unlocked for staff through Esops. Concerns arise over disproportionate Esop distribution and the fairness of typical four-year vesting periods.
These 9 equity mutual funds are down by over 15% from 52-week high NAVs
Around nine equity mutual funds are down by more than 15% from their respective 52-week high NAV.