Bandhan Mutual Fund trimmed its stake in PTC India Financial Services from 3.64% to 3.63%, selling 47,253 shares.
An infrastructure finance company registered with the RBI, PTC India Financial Services provides equity and debt financing solutions tailored for the energy value chain. The company specializes in supporting projects and businesses across renewable energy, conventional power, transmission, distribution, and related energy sector infrastructure. It serves as a dedicated financier enabling energy infrastructure development and transition in India.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
