HDFC Mutual Fund raised its stake in Arvind Limited from 3.23% to 3.41%, purchasing 7,92,079 shares.
A vertically integrated textile manufacturer with nearly eight decades of industry presence, Arvind Limited ranks among the world's largest denim producers. The company manufactures a comprehensive range of denim, cotton shirting, knits, and bottom weight fabrics for both domestic and international markets. Its integrated operations span from fabric production to finished garments including jeans and shirts, serving major apparel brands globally.
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.
