SBI Mutual Fund increased its stake in Deepak Fertilizers and Petrochemicals Corporation from 5.25% to 6.43%, acquiring 14,90,442 shares.
A vertically integrated manufacturer of fertilisers, bulk chemicals, and mining chemicals serving India's agricultural and industrial sectors. Incorporated in 1979, the company produces diammonium phosphate, urea, and specialty chemicals while providing agronomic services to support farmers. The business also operates in real estate development, diversifying its revenue streams across multiple segments.
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.
