Carnelian MF small-cap NFO raises ₹632 crore
In short
Carnelian Mutual Fund’s first small-cap NFO collected ₹632 crore.
It got 30,562 applications, with an average ticket size of about ₹2.07 lakh, and investors came from every state in India.
What the reporting says
Carnelian Mutual Fund’s maiden small-cap NFO raised ₹632 crore and drew 30,562 applications, with an average ticket size of about ₹2.07 lakh. The applications spanned every state in the country.
Why it matters
Carnelian Mutual Fund’s maiden small-cap NFO has gathered ₹632 crore, indicating strong investor interest in the offer. The issue received 30,562 applications and an average ticket size of about ₹2.07 lakh, with participation from every state.