SBI Mutual Fund sold 33,72,231 shares of JSW Energy, trimming its stake from 3.67% to 3.49%.
A vertically integrated power generation company, JSW Energy operates thermal and renewable energy assets across Karnataka, Maharashtra, Andhra Pradesh, and West Bengal. The company serves as the holding entity for the JSW group's power business and maintains strategic joint ventures in mining operations and turbine manufacturing, positioning itself as a diversified player in India's energy sector with integrated operations across the value chain.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
