Prabhu Smart Fund receives warm response from investors; to increase fund size to Rs 1 arba from proposed Rs 80 crore due to oversubscription
Sun, Mar 12, 2023 10:58 PM on Latest, IPO/FPO News,
Prabhu Smart Fund has received an overwhelming application for a 10.52 crore unit mutual fund. The fund manager Prabhu Capital had only floated a 6.80 crore unit mutual fund after making regulatory allocations.
Earlier, the fund manager had set a fund size of Rs 80 crore which will now be increased to Rs 1 arba following the oversubscription of the mutual fund scheme having a maturity of ten years.
