20/05/2022
A total of 5,92,96,853 shares allocated on LIC to DIIs (Domestic Institutional Investors) & FIIs (Foreign Institutional Investors)
15 Domestic Mutual funds through 99 schemes have bought 4,21,73,610 equity shares. Thats about 71.12% of total Rs. 5,627 Cr allocated for Big Players.
Markie investors like...
1.SBI Equity Hybrid Fund
2. ICICI Prudential Value Discovery Fund.
3. SBI Balanced Advantage Fund.
4. ICICI Prudential Mutual Fund.
5. HDFC Mutual Fund.
6. Axis Mutual Fund.
7. Kotak Murual Fund.
8. BNP Investments LLC.
9. Norges Bank Investment Management.
10. Govt of Singapore.
11. Monetary Authority of Singapore.
Total Liquidated stake in IPO was 3.5% amounting to 21,000 Cr.
Public holds 2.07% stake i.e., Rs.12,420 Cr.
DIIs hold 1.21% stake amounting to Rs.7,260 Cr.
FIIs hold 0.22% stake amounting to Rs. 1,320 Cr.
I think i will start accumulating from 800 onwards on every 10% fallz. Will double investments below 700. If that happens!!
At 800 - 10 Shares.
At 720 - 10 Shares.
At 650 - 35 more Shares to average (15 IPO + 10 + 10 buys)
That's the plan @ LIC, in coming days.
I dont think it must fall that low.... However, we neva know operators.