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...
The closing date for the initial public offering (IPO) of the oil and gas pipeline infrastructure service provider Likita Infrastructure has been extended to October 7, 2020. Also, its original scope has been revised to Rs 116-120. The issue of Rs 61 crore was to close on Thursday, October 1, 2020. As per information available on the National Stock Exchange, 'BRLM (Book Running Lead Managers), which is managing the issue of Likita Infrastructure, informed the stock market than the issue closing date has been extended to October 7, 2020. The price range has also been revised from Rs 117-120 to Rs 116-120 per share. Likhitha Infrastructure IPO Details IPO Open Date September 29, 2020 IPO Close Date October 7, 2020 IPO Issue Type Book Built Issue IPO IPO Issue Size 5,100,000 Equity Shares of 10 rupee (aggregating up to 61.20 Cr rupee) Fre...