Which mutual funds received highest allocation in Jio IPO?
SBI Focused Fund received the highest allocation of ₹315 crore in Jio Platform's massive IPO, according to the company's anchor allocation report. HDFC Flexi Cap Fund and HDFC Large Cap Fund followed with allocations of ₹132.43 crore and ₹126.33 crore, respectively. Overall, 25 domestic mutual funds across 95 schemes secured 34.34% of the total anchor investor portion.