HDFC Mutual Fund increased its stake in Firstsource Solutions from 8.46% to 8.74%, acquiring 1,968,220 additional shares. The value of the additional shares is approximately ₹52.17 crore at ₹265.06 apiece.
A leading provider of business process management and knowledge process outsourcing services, Firstsource Solutions delivers specialized solutions to clients across banking, financial services, healthcare, communications, media, and technology sectors. Part of the RP-Sanjiv Goenka Group, the company operates with a digital-first philosophy, offering customized service delivery, process automation, and analytics-driven insights. It serves enterprise clients globally with expertise in customer interaction management and operational excellence across diverse industries.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
