Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year.
FPIs’ share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed.
MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019.
The total investment by FPIs and MFs put together this year is five times the