Medi Assist Healthcare Services Limited
Sundaram Mutual Fund increased its stake in Medi Assist Healthcare Services by purchasing 124,554 shares, raising its total holding from 2,126,763 shares to 2,251,317 shares. This increased its stake from 2.85% to 3.01%.
A health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes across India. Medi Assist Healthcare Services primarily serves insurance companies by administering comprehensive health benefit programs, claims processing, and related services. Incorporated in June 2000, the company specializes in bridging healthcare providers and insurers through technology-driven solutions and operational expertise in the health benefits management sector.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.