Sagility Limited
Axis Mutual Fund increased its stake in Sagility Limited from 1.36% to 1.41%, increasing its shareholding from 6,38,80,783 to 6,62,36,208 shares. The additional 23,55,425 shares are worth ₹9.9 Cr at ₹42.03 apiece.
A healthcare-focused technology services company, Sagility provides IT-enabled solutions to payer and provider organizations primarily in the United States. The company delivers comprehensive services including claims processing, revenue cycle management, clinical operations support, and business process outsourcing. Established in 2021, Sagility serves major healthcare clients requiring specialized operational expertise, digital transformation capabilities, and back-office support across complex healthcare workflows and regulatory compliance requirements.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.