Investors should consider a 10-year horizon for mid-cap mutual fund SIPs, as this timeframe offers the highest probability of achieving 10-15% annualised returns. A study revealed mid-cap funds delivered an average of 17.4% over a decade, outperforming large-cap and small-cap funds. Wealth advisors suggest a 40% allocation to mid-caps for moderate risk and alpha generation.
Hy-Tech Engineers IPO Day 3: GMP at 57%, subscription reaches 19.33x. Should you subscribe?
The Hy-Tech Engineers IPO entered its third day of bidding on August 26, with the issue subscribed 19.33 times by the end of Day 2.