Coffee Can Investing may not be a good idea for mega IPOs

Investing in large initial public offerings (IPOs) and holding them indefinitely may not guarantee strong returns.

A study by Capitalmind Financial Services reveals that out of the 30 largest IPOs in India, with issue sizes ranging from ₹4,000 crore to ₹20,000 crore, 18 have underperformed compared to the Nifty 500 index.