Kotak Mutual Fund has temporarily restricted subscriptions in four international funds, allowing investments up to Rs 1 lakh per PAN per month. The move reflects ongoing limits on overseas investments. Existing SIPs will continue, while fresh inflows are capped. The funds have delivered strong returns over the past year.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.