Domestic investors, including Motilal Oswal Mutual Fund, HDFC Mutual Fund, SBI General Insurance and Quant Mutual Fund, were allocated shares in the anchor round.
Investors can benefit from high yields on fixed deposits, bonds, and debt mutual funds in FY 2024. Indian G-secs to be included in global bond indices. Capital gains possible on debt funds with potential interest rate cuts.
"Nifty 500 is an all seasons fund as it includes a wide range of companies spanning large-cap, mid-cap and small-cap segments. There is no fund manager risk as it is passively managed and comes at a low cost," said Kunal Valia, founder, StatLane.
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