HDFC Mutual Fund decreased its stake in Symphony Limited from 7.25% to 7.16%, selling 59,281 shares.
A global manufacturer of air coolers for residential, commercial, and industrial applications, Symphony designs and produces cooling solutions across multiple market segments. Founded in Ahmedabad in 1988, the company operates in both domestic and international markets with a significant presence across Asia, Africa, and the Middle East. Symphony specializes in air cooler manufacturing and holds a prominent position in the worldwide cooling appliances industry, serving diverse customer segments through its extensive product range.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
