After finishing IPO with 3 weeks its going to listed in stock market , when its going to be listed its less than offer price , because of this cstomer will loose there money. its like a casino for the investor , promoters will play with them , at the time of book building what exactly they are forecasting its no upto the mark, or for their profit they will do it or wat ? exactly for what reason its going to be happen , we look towards IDEA cellular , RAJ Telivision, like various we can forecast.
I am very new in IPO and MF.I don't have any knowledge about that. But I want to invest in MF Rs30k-Rs40K.I want to get return in short term. Pls suggest me where should I invest and how i don't have any knowledge and I also want to save my Tax since I am a serviceman.