Nippon India Mutual Fund raised its stake in Tech Mahindra from 1.32% to 1.39%, purchasing 6,97,152 shares and increasing its total holding to 1,35,87,408 shares.
A leading IT services and consulting company delivering comprehensive solutions including application development, maintenance, consulting, and enterprise business services to a diverse global client base across multiple industries. Tech Mahindra differentiates itself through integrated service delivery, deep digital transformation expertise, focus on emerging technology domains, and commitment to delivering end-to-end technology solutions that drive business value for its customers.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
