New Delhi, Aug. 13 -- The mutual fund industry demonstrated strong participation in newly listed companies during the quarter ended June 2025, with total investments exceeding Rs.5,294 crore across recent IPOs, according to a study by Ventura. The majority of these investments were in small-cap companies, with only one classified as a mid-cap, underscoring fund managers' strategic tilt towards scalable, high-growth businesses with the potential for superior returns over time.

In July 2025, several newly listed companies through IPOs were added to mutual fund portfolios, with market values above Rs.20 crore. The highest exposure was in Ather Energy, with market value held by MFs at Rs.1,351 crore, followed closely by HDB Financial Service...