Fourteen microcap penny stocks with market capitalisations below Rs 1,000 crore and trading prices under Rs 20 have witnessed sharp corrections of up to 50% over the past three months. While low entry prices lure retail investors, high volatility and thin liquidity make them highly risky.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds