Mahindra Lifespace Developers Limited

SBI Mutual Fund increased its stake in Mahindra Lifespace Developers Limited from 5.94% to 6.30%, raising its shareholding from 12,672,869 to 13,449,175 shares.

A real estate developer engaged in residential and commercial property development across India. The company constructs housing projects, office complexes, and commercial spaces while operating special economic zones and industrial clusters through subsidiary entities. Incorporated in 1999, it operates as a vertically integrated real estate firm serving both residential and institutional segments with projects spanning multiple cities nationwide.

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.