ICICI Pru Flexicap NFO garners Rs 10,000 crore, the highest in an open-ended equity MF
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ICICI Pru Flexicap NFO garners Rs 10,000 crore, the highest in an open-ended equity MFBy
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The new fund offer (NFO) of ICICI Prudential Flexi Cap which ended on July 12 has mobilized close to Rs 10,000 crore, making this the highest mobilization by an actively managed open end equity mutual fund.
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The new fund offer (NFO) of ICICI Prudential Flexi Cap which ended on July 12 has mobilized close to Rs 10,000 crore, making this the highest mobilization by an actively managed open end equity mutual fund.
India
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Multi-cap-fund
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Reliance-mutual-fund
Reliance-vision-fund
Fund-research
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Mutual-fund
Rupa & Company surged 10.88% to Rs 288 after Abakkus Emerging Opportunities Fund-1 bought 1.50% stake in the company via bulk deal on Monday, 28 December 2020.
As per the bulk deal data on the NSE, Abakkus Emerging Opportunities Fund-1 purchased 12 lakh shares, or 1.50% equity, of Rupa & Company on Monday, 28 December 2020.
Simultaneously, Suvichar Advisors sold 12.99 lakh equity shares (1.63% equity) of Rupa & Company at Rs 250.55 per share via bulk deal on the NSE. As of 30 September 2020, Suvichar Advisors LLP held 2.30% stake in Rupa & Company.
Abakkus Emerging Opportunities Fund - 1 is owned by market veteran, Sunil Singhania. Singhania floated his portfolio management service firm, Abakkus Asset Management in August 2018. Before Abakkus, he worked as a CIO of Reliance Mutual Fund.
Rupa
Rajasthan
India
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