They refer to the schemes which invest anywhere between 10 to 25 percent in equity & equity related instruments, and 75 to 90 percent in debt instruments.
Ask Money Today: Which are the best mutual funds for a 24-year-old?
Equity mutual fund investors should think about reducing their risk through ensuring right selection of funds, professional advice, continuous tracking and rebalancing of their portfolio
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I am 24 years old. I have just started working, got my first job in a fashion studio. I believe I am a risk-taker, though I have not invested earlier. I want to invest in equity funds now. I do not have any loans. I will be earning Rs 28,000 per month. Kindly help me with a list of best equity mutual fund schemes to start my investments. I can invest Rs 15,000 to 18,000 per month. Also, what is a tax-saving mutual fund? Do I need to invest in it?
Antony Waste Handling Cell Limited raises Rs 89.99 crore from 10 anchor investors
Posted On: 2020-12-19 21:52:24 (Time Zone: Arizona, USA)
Antony Waste Handling Cell Limited (the Company ), the 2nd largest player in the Indian MSW management industry which is estimated at INR 500 billion For FY2020 with an established track record of more than 19 years, allotted 2,857,003 equity shares to 10 anchor investors and raised Rs 89.99 crore ahead of the company s proposed IPO at an upper price band of Rs 315 per equity shares.
The anchor allocation is as follows:
Massachusetts Institute of Technology - 44.44%
SBI Equity Savings Fund - 13.30%
SBI Infrastructure Fund - 11.11%
Tata AIG General Insurance Company Limited - 5.56%
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Mrs Bectors Food Specialities is off to a great start $73 million IPO was subscribed 3 times on day one
Mrs Bectors Food Specialities is off to a great start $73 million IPO was subscribed 3 times on day one
Navdeep YadavDec 15, 2020, 16:37 IST
Mrs Bectors Food
The ₹540 crore (about $73 million) share sale of Mrs Bectors Food Specialities was subscribed 2.98 times on the first day of bidding on Tuesday.
This is the second initial public offer this month to have received an oversubscription in the first few hours itself – the first one being Burger King India.
The IPO received bids for 2.94 crore equity shares against the offered size of 1.32 crore shares, according to data from the stock-exchanges.