SBI Mutual Fund emerged as a shareholder in Sun TV Network Limited, holding a 1.24% stake with 48,81,063 shares, up from under 1% in the previous filing.
A leading Indian television broadcaster established in 1985, Sun TV Network operates regional channels across multiple languages and produces entertainment content for diverse audiences. The company's core business encompasses television broadcasting through its flagship channel and original content production, while its subsidiary Sun Pictures handles film production and distribution across theatrical and digital platforms. Its vertically integrated operations span broadcasting, content creation, and theatrical releases.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
