Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
Kalyan Jewelers, a leading jewellery sector company, is planning an IPO. For this, the company has filed a draft Red Hearing Prospectus (DRHP) with capital market regulator SEBI. Through this, the company plans to raise Rs 1,750 crore. According to DRHP, the IPO will have a fresh issue of Rs 1,000 crore and Rs 750 crore will be under Offer for Sale. The offer will be from promoters TS Kalyanraman and Hydel Investment. Kalyanraman will sell shares worth Rs 250 crore while Hydel will sell shares worth Rs 500 crore. The funds raised through the fresh issue will be used by the company for the needs of working capital and for general corporate purposes. The promoters currently hold 76 per cent stake in the company. While Warburg holds a 24 per cent stake. Warburg invested Rs 1,200 crore in Kalyan Jewelers in 2014. After this, in 2017 it had imposed another 500 crore rupees. The company's revenue in the quarter of March 2020 was Rs 10,101 crore, an increase of 3.3 per cent f...