Mutual funds invested over ₹6,900 crore in eight IPOs in August 2024. The biggest investment by mutual funds was in Brainbees Solutions (Firstcry) at ₹2,809 crore. This was followed by Ola Electric and Premier Energies, at ₹2,704 crore and ₹622 crore, respectively. While mutual funds put ₹278 crore in Ceigall India IPO, they put ₹196 crore in Unicommerce eSolutions IPO.