Kfin Technologies Limited
Nippon India Mutual Fund increased its stake in Kfin Technologies from 3.36% to 4.19%, acquiring 1,454,273 shares. This change reflects an increase in holding by the mutual fund. Nippon India Mutual Fund is also the Registrar and Transfer Agent for Kfin Technologies.
A technology-driven financial services platform providing comprehensive services and solutions to asset managers and corporate issuers across multiple asset classes in India. The company delivers investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines, and Hong Kong. KFin operates as a vertically integrated service provider serving both domestic and international markets.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.