American Funds (Capital Group) has dropped off National Securities Depository Limited's disclosed shareholder list after last showing a 1.62 percent stake, indicating either a full exit or a trim below the 1 percent reporting threshold.
A leading depository institution in India, National Securities Depository Limited provides electronic infrastructure for dematerialization of securities and facilitates electronic settlement of trades across the Indian securities market. The company enables investors and market participants to hold and transfer securities in electronic form, offering integrated custody and clearing services that serve as a critical backbone for the nation's capital markets operations and financial ecosystem.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
