IPO is the first offer from any corporate to public for the subscription for its shares. Our clients can subscribe for IPO through us. We receive IPO applications from our customers at our office only.
A Mutual Fund is an entity that pools the money of many investors -- its unit-holders -- to invest in different securities. Investments may be in shares, debt securities, money market securities or a combination of these. Those securities are professionally managed on behalf of the unit-holders, and each investor holds a pro-rata share of the portfolio i.e. entitled to any profits when the securities are sold, but subject to any losses in value as well.