In recent times, mutual funds have faced some criticism for investing in IPOs of new-age start-ups despite the lack of track record and poor financials. What are the factors for selecting an IPO and are mutual funds taking extra risk by investing in IPOs? Moneycontrol spoke to Bharat Lahoti, Co-Head-Hybrid and Solutions Funds at Edelweiss Mutual Fund for answers. Listen in
Edelweiss Recently Listed IPO Fund is an open-ended equity scheme following the investment theme of investing in recently listed 100 companies or upcoming Initial Public Offer (IPOs).