DLF Limited
SBI Mutual Fund sold 33,10,837 shares of DLF Limited, reducing its stake from 1.70% to 1.57%. The trimmed portion is valued at approximately ₹222.8 crore at the current share price of ₹673.00.
A vertically integrated real estate developer, DLF engages in land acquisition, project planning, construction, and marketing of residential, commercial, and retail properties across India. Beyond core real estate development, the company operates complementary businesses including property leasing, power generation, maintenance services, hospitality, and recreational facilities. DLF functions through a network of subsidiaries, associates, and joint ventures to execute its diverse portfolio.
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.