Brigade Enterprises Limited
Nippon India Mutual Fund increased its stake in Brigade Enterprises Limited from 1.55% to 1.58%, purchasing 89,831 shares to take its holding to 51,61,534 shares.
A South India-based real estate developer established in 1986, operating primarily from Bengaluru with expanding presence across major Indian cities. The company develops residential, commercial, office, retail, and hospitality projects across multiple locations including Bengaluru, Mysuru, Chennai, Ahmedabad, Hyderabad, and Kochi. It has completed over 250 buildings, delivering developed space across diverse property segments and establishing itself as a significant player in India's real estate sector.
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.