The primary motive for any mutual fund is to generate returns for its investors. IPOs often present unique opportunities in this regard. These offerings can sometimes offer a chance to buy into a promising company at an early stage, potentially reaping significant rewards as the company grows.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings