Bandhan Mutual Fund reduced its stake in Kolte-Patil Developers from 2.42% to 2.28%, selling 1,21,293 shares. The fund now holds 20,23,448 shares of the real estate company.
A real estate developer specializing in residential and commercial properties across India's major metropolitan areas. Kolte Patil maintains a dominant market presence in Pune while establishing growing operations in Mumbai and Bengaluru. The company develops integrated townships, apartment complexes, and commercial spaces designed to meet modern urban living and business requirements through quality construction and thoughtful master planning.
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.
