Navneet Education Limited
HDFC Mutual Fund trimmed its stake in Navneet Education from 7.11% to 6.01%, selling 24,37,234 shares.
A leading publisher and manufacturer of educational materials in India, Navneet Education produces textbooks, reference books, and technical publications in both print and digital formats. The company also manufactures stationery products across paper and non-paper categories, serving students and educational institutions nationwide. Its integrated approach to educational publishing and stationery products positions it as a comprehensive solutions provider in the learning and school supplies sector.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.