Why do mutual funds invest in IPOs? Simply Save

In recent times, mutual funds have faced some criticism for investing in IPOs of new-age start-ups despite the lack of track record and poor financials. What are the factors for selecting an IPO and are mutual funds taking extra risk by investing in IPOs? Moneycontrol spoke to Bharat Lahoti, Co-Head-Hybrid and Solutions Funds at Edelweiss Mutual Fund for answers. Listen in