Arvind Fashions Limited

LIC Mutual Fund reduced its stake in Arvind Fashions from 1.41% to 1.15% by selling 3,43,015 shares.

A speciality retailer in branded apparels and footwear, Arvind Fashions operates a diverse portfolio of owned and licensed global brands across multiple segments and price points. The company serves Indian consumers through various fashion categories, leveraging both international and domestic brand properties. Its distinctive approach combines curated global brands with local market expertise to capture different customer segments in the Indian retail space.

AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.