Bajaj Auto Limited
SBI Mutual Fund has dropped off the latest shareholder list for Bajaj Auto Limited, having previously held a 1.35 percent stake. This shift represents either a complete exit or a reduction to just under the 1 percent reporting threshold.
A leading two and three-wheeler manufacturer headquartered in Pune, Bajaj Auto designs and produces motorcycles, scooters, and auto-rickshaws for domestic and international markets. The company exports to multiple countries across Latin America, Southeast Asia, Africa, and the Middle East. Through its significant ownership stake in KTM, Bajaj also manufactures premium sports and super sports motorcycles, strengthening its position in the global two-wheeler industry.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.