MFs hold on to new-age companies despite drubbing post listing - Economic Times

Several mutual fund schemes had subscribed to the IPOs of these companies last year. Some of them raised their stakes in these companies after listing. As of February 28, 2022, mutual funds held 9.1 million shares of Nykaa compared to 4.8 million at the time …

Mumbai: Some mutual funds continued to hold on to new-age internet companies like Zomato, Paytm (One97 Communications), Policybazaar, Nykaa (FSN Ecommerce Ventures) and Cartrade Tech despite their st… [+1174 chars]

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