ESDS rally sparks 5.19% NAV jump in Motilal Oswal Digital India Fund
Mumbai: A bet on a newly listed stock delivered an outsized one-day gain for investors in Motilal Oswal Digital India Fund, an open-ended technology fund, with its NAV rising 5.19% on Friday after ESDS Software made a blockbuster stock market debut.The fund received an anchor allocation of 10.25 lakh shares in the ESDS IPO at ₹429 apiece, worth about ₹44 crore. The investment accounted for nearly 5% of the fund's assets of around ₹907 crore as of July 31, 2026. ESDS Software more than doubled...
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