Edelweiss Mutual Fund raised its stake in V-Mart Retail from 1.53% to 1.70%, acquiring 1,39,424 shares. The fund's total holding increased from 12,14,115 to 13,53,539 shares.
A value retail chain operating across multiple cities in India, V-Mart Retail specializes in affordable fashion, apparel, and lifestyle products for budget-conscious consumers. The company operates through a network of physical stores designed to provide accessible shopping experiences in tier-two and tier-three markets across the country. Its distinctive approach centers on offering quality merchandise at competitive prices through an efficient store format and focused product selection.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.
