Info Edge (India) Limited
UTI Mutual Fund trimmed its stake in Info Edge (India) Limited from 2.56% to 2.28%, selling 18,57,587 shares.
A leading online classifieds platform in India, the company operates multiple digital brands serving different markets and user needs. Through naukri.com for job seekers and employers, 99acres.com for real estate transactions, jeevansathi.com for matrimonial services, and shiksha.com for education information, it connects millions of users. The company also functions as an active investor in online startups, building a diversified portfolio across the digital ecosystem.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.