Mutual funds deploy Rs 1,878 crore across 4 IPOs in March. Check details

Mutual funds have invested nearly Rs 1,878 crore in four IPOs in March. Here is a detailed breakup, according to the monthly data released by Prime Database.

Mutual funds invested Rs 913.58 crore in the Sedemac Mechatronics IPO in March and had 60.36 lakh shares in their portfolios.

Mutual funds invested Rs 690.70 crore in the Central Mine Planning & Design Institute IPO in March and had 4.48 crore shares in their portfolios.

Mutual funds invested Rs 238 crore in Powerica IPO in March and had 60.25 lakh shares in their portfolios.