Oil & Natural Gas Corporation Limited
SBI Mutual Fund decreased its stake in Oil & Natural Gas Corporation Limited from 1.79% to 1.77%, selling 2,175,484 shares.
India's largest crude oil and natural gas producer, this company engages in exploration, development, and production of hydrocarbons across diverse geographic regions. Operating both onshore and offshore fields, it supplies a substantial portion of the nation's domestic energy requirements. The company maintains an integrated upstream portfolio spanning multiple basins and plays a critical role in India's energy security and self-sufficiency.
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.