BlueStone Jewellery and Lifestyle Limited
Aditya Birla Sun Life Mutual Fund has dropped off BlueStone Jewellery and Lifestyle Limited's major shareholder list. The fund, which last held a 1.13 percent stake, either executed a complete exit or trimmed its holding below the 1 percent reporting threshold.
A jewellery manufacturer and retailer specializing in diamond, gold, platinum, and studded pieces, Bluestone operates through physical stores and an online platform across India. The company designs and produces its own jewellery collections, controlling production from conception to customer delivery. Bluestone distinguishes itself through vertical integration and direct manufacturing capabilities, allowing greater quality control, design flexibility, and customer engagement across its diverse product range.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.