HDFC Mutual Fund, which previously held a 1.28 percent stake in Nilkamal Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete sale or a reduction in its holding to below the 1 percent reporting threshold.
A leading furniture manufacturer, Nilkamal Limited designs and produces comprehensive furniture solutions for homes and offices across multiple materials and styles, including upholstered and non-upholstered products. The company operates as a vertically integrated player with manufacturing capabilities and distribution networks. Nilkamal serves customers through retail outlets, institutional buyers, and e-commerce channels across India and maintains a focus on quality and affordability in the furniture sector.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
