The board of HDFC AMC will consider a proposal for issue of bonus equity shares on Wednesday, October 15, 2025.
Aditya Infotech, which offers video security and surveillance products under 'CP Plus' brand, on Monday raised over Rs 582 crore from anchor investors a day before its initial share-sale opening for public subscription. This anchor portion witnessed participation from domestic and foreign institutional investors, including Government of Singapore, Monetary Authority of Singapore, HDFC Mutual Fund, SBI Mutual Fund, Goldman Sachs, Nomura, Ashoka Whiteoak India Opportunities Fund, and the Abu Dhabi Investment Authority, according to a circular uploaded on the BSE website. As per the circular, Aditya Infotech has allotted 86.26 lakh equity shares to 54 funds at Rs 675 apiece. This aggregates the transaction size to Rs 582.3 crore. The Rs 1,300-crore initial public offering (IPO) will open for subscription on July 29 and conclude on July 31. The price band has been set at Rs 640-675 per share. The company's IPO is a combination of a fresh issue of equity shares worth Rs 500 crore and an
HDFC Mutual Fund on Friday bought shares of auto components supplier Sundram Fasteners for Rs 137 crore through an open market transaction. According to the bulk deal data on the BSE, HDFC Mutual Fund purchased 13.70 lakh shares or 0.65 per cent stake in Sundram Fasteners, at an average price of Rs 1,000 apiece. This took the deal value to Rs 137.02 crore. After the stake buy, HDFC Mutual Fund's holding in Chennai-based Sundaram Fasteners rose to 5.02 per cent from 4.37 per cent. Details of the sellers of Sundaram Fasteners shares could not be ascertained on the exchange. Shares of Sundaram Fasteners went marginally lower to close at Rs 999.25 per piece on the BSE. In a separate bulk deal on the NSE, Singapore-based Cube Mobility Investments offloaded 79.25 lakh units or 0.59 per cent unitholding in Cube Highways Trust for Rs 101 crore through an open market transaction. As per the data, these units were disposed of at an average price of Rs 127.50 per unit, taking the deal valu
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IndusInd Bank on Thursday said that the holding of HDFC Mutual Fund in the bank has crossed 5 per cent as the fund house purchased an additional 15.92 lakh shares from the market. The stake increase comes a day after IndusInd Bank announced a whopping Rs 2,100 crore discrepancy in accounting with an estimated impact of 2.35 per cent of the bank's net worth. Soon after the disclosure, a massive price correction in the bank's shares was witnessed. The aggregate holding of HDFC Mutual Fund Scheme in IndusInd Bank as of the close of business hours on March 11, 2025, was 5.02 per cent of the paid up equity capital of the company, the bank said in a regulatory filing. Following an additional 0.20 per cent stake purchase, HDFC Mutual Fund through its various schemes had 77.9 crore shares at the end of March 11, it said. Prior to the stake purchase, HDFC Mutual Fund's holding was 4.82 per cent but with an additional share purchase, the holding rose to 5.02 per cent. The filing however did
Fund house says scheme meant for investors seeking 'financially stable and resilient companies with robust balance sheets'
Funds tracks Nifty500 Multicap 50:25:25 Total Returns Index, offering exposure across large, mid, and smallcap stocks
Scheme to take inflows only from existing SIPs, STPs
Nifty100 Low Volatility 30 Index Fund targets large-cap low-volatility stocks within the NIFTY 100 Low Volatility 30 Index
The fund's assets under management at month-end increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021
The fund's month-end assets under management (AUM) increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021
Jain delves into how the fund is striving to stand out in a competitive market landscape
HDFC Mutual Fund on Thursday bought shares of global digital engineering and technology company Cyient Ltd for Rs 204 crore through an open market transaction. According to the bulk deal data available with the BSE, HDFC Mutual Fund purchased 11.33 lakh shares, amounting to a 1.02 per cent stake in Cyient. The shares were picked up at an average price of Rs 1,800 apiece, taking the deal size to Rs 204.10 crore. After the stake buy, HDFC Mutual Fund's shareholding in Cyient has increased to 2.1 per cent from 1.08 per cent. The details of the sellers could not be ascertained. On Thursday, shares of Cyient fell 0.67 per cent to close at Rs 1,794.30 apiece on the BSE. In a separate transaction on the NSE, Ventureast divested a 1.8 per cent stake in fintech player Zaggle Prepaid Ocean Services for Rs 67 crore through an open market transaction. Bengaluru-based Ventureast through its affiliate Ventureast Proactive Fund LLC offloaded 22.27 lakh shares, amounting to a 1.8 per cent stake
Revenue from operations surges 19% to Rs 2,167 cr
Shares of the Anil Agarwal-led commodity major Vedanta have rallied over 10 per cent in the past one week amid a rally in global metal prices on improved economic outlook for China
Sectoral funds carry higher risk, thus one could take controlled exposure to such funds
IiAS raises concern over lack of clarity on the utilisation of sale proceeds of unit that contributes 75% of revenue
The newly-inaugurated branches are mostly in smaller towns like Angul, Cooch Behar, Hazaribagh, Renukoot and Raebareli
The HDFC Top 100 Fund predominantly investing in large-cap stocks was launched in October 1996, making it one of the longest-running mutual fund schemes in India