NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Investment Update:

Sanjay Chhabria and Ravindra Rao, co-founders of the highly successful India Vix Fund, a popular exchange-traded fund (ETF), are re-entering the mutual fund industry after a nearly 15-year hiatus.

Background: The duo's previous venture, India Vix Fund, was launched in 2008 and gained significant traction in the Indian market. The fund's success can be attributed to its innovative investment strategy and efficient management.

Key Developments: After a prolonged absence, Chhabria and Rao are set to revive their careers in the mutual fund industry. Their decision to re-enter the market is likely to be met with interest from investors and industry analysts, given their proven track record.

Read also: Groww AMC Secures Strategic Boost as SEBI Approves State Street Global Advisors' Minority Stake

Market Impact: The return of Chhabria and Rao to the mutual fund industry may lead to increased competition and innovation in the sector. As experienced professionals, they are expected to bring their expertise and insights to shape the investment landscape in India.

Investor Takeaways: The re-entry of Chhabria and Rao into the mutual fund industry is expected to create new opportunities for investors. Their decision to revive their careers may lead to the launch of new investment products and strategies, potentially offering investors more choices and better returns.

Investor Takeaway

Investors may consider revisiting mutual fund options with unconventional strategies.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
[email protected].

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.