HDFC Asset Management Company Limited
JPMorgan decreased its stake in HDFC Asset Management Company from 1.30% to 1.25%, selling 236,591 shares. The value of the sold shares was ₹59.13 Cr, at an average price of ₹2499.50 apiece.
A leading fund management company in India, HDFC Asset Management provides investment and wealth management services across mutual funds and other asset classes. Established in 1999, the company offers diversified investment solutions to retail and institutional clients through a range of equity, debt, and hybrid schemes. It operates as a subsidiary of HDFC Bank, leveraging the parent's extensive distribution network and customer base to deliver comprehensive financial products and services.
US-based global investment bank. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.