Many mutual funds are allocating big money to IPOs. Should you be worried?

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Mutual funds have been betting big on IPOs in the last couple of months. The last quarter has seen big-ticket IPOs hitting the market. Some mutual fund houses have gone big on these IPOs while many others have stayed away from them. According to data, several mutual fund schemes allocated around 10-19% of their AUM to the IPOs. These schemes range from thematic to small and mid cap funds. Here’s a look at the schemes which invested the most in

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