Computer Age Management Services Limited
LIC decreased its stake in Computer Age Management Services Limited from 4.87% to 4.72% by reducing its shareholding from 12,080,805 shares to 11,719,714 shares. The value of the decreased stake was ₹27.15 Cr, with shares trading at ₹752.00 apiece.
A leading mutual fund transfer agency in India, CAMS provides essential investor services, distributor support, and asset management company solutions across the financial sector. The company serves as a critical intermediary, facilitating transactions and administrative functions for mutual funds. Its integrated service platform connects investors, distributors, and asset managers, streamlining operations and enabling efficient fund management for all market participants in India's investment ecosystem.
India's largest domestic institutional investor with over Rs 56 lakh crore in total AUM, of which roughly Rs 15 lakh crore sits in listed equities. Holds stakes in virtually every major listed Indian company. When LIC builds or exits a position, it moves markets. Government-owned and mandated to invest policyholder funds in Indian equities and bonds, making it the ultimate long-only, long-term India bull.