Metro Brands Limited
UTI Mutual Fund increased its stake in Metro Brands Limited from 1.40% to 1.51%, purchasing 3,13,530 shares to bring its total holding to 41,18,707 shares.
One of India's largest footwear and accessories specialty retailers, Metro Brands operates as a comprehensive one-stop shop for branded products serving all family members and occasions. The company offers casual and formal footwear designed for men, women, children, and unisex segments, establishing itself as a prominent aspirational Indian brand in the footwear category. It caters to diverse consumer needs through its extensive retail presence across the country.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.