Aditya Birla Fashion and Retail Limited
Bandhan Mutual Fund increased its stake in Aditya Birla Fashion and Retail Limited from 1.69% to 1.77%, acquiring an additional 10,072,324 shares. The value of the additional shares is ₹57.46 crore at ₹57.05 apiece.
A leading fashion and retail company in India operating through multiple apparel and lifestyle brands. Formed in 2015 following the consolidation of Aditya Birla Group's branded apparel businesses, the company manages a diverse portfolio spanning fashion retail, department stores, and lifestyle segments. It serves customers through an extensive network of physical stores and digital channels across India with a focus on delivering quality products at competitive prices.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.