Trend Spotting: Which MFs booked profit on Zomato after stellar listing

In August, when the one-month lock-in period for anchor investors ended, many rushed to book partial profits in the stock to capitalise on the gains. Out of the 19 mutual funds that participated in the anchor allotment of Zomato IPO in July, eight turned sellers of the stock in August, data compiled by East India Securities showed.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3nrkgNr