IDFC First Bank Limited
Tata Mutual Fund raised its stake in IDFC First Bank Limited from 1.61% to 1.69% by purchasing 73,84,003 shares.
A private sector bank providing comprehensive banking services across retail, corporate, and wholesale segments to customers throughout India. IDFC First Bank was formed through the merger of IDFC Bank and Capital First in 2018, combining their complementary strengths and expertise. The bank operates an extensive network of branches and digital channels, offering lending products, deposit accounts, investment solutions, and other financial services to individuals and businesses.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.