Axis Bank Limited
Aditya Birla Sun Life Mutual Fund reduced its stake in Axis Bank from 1.26% to 1.17%, selling 28,22,024 shares.
A private sector bank incorporated in 1993, this institution provides comprehensive banking and financial services across India. It operates the third-largest branch network among private banks in the country and maintains a significant international presence through branches in Dubai and Singapore, along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai, complemented by an offshore banking unit in GIFT City.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.