Aditya Birla Real Estate Limited
HSBC Mutual Fund is no longer listed among Aditya Birla Real Estate Limited's major shareholders, meaning the fund either exited completely or trimmed its previous 1.0 percent stake below the 1 percent reporting threshold.
A diversified business house that operates across cotton textiles, pulp and paper, and real estate sectors in India. The company has evolved from its textile manufacturing origins to establish a significant presence in residential and commercial property development across major cities. Its vertically integrated operations span multiple industries, positioning it as a prominent player in both manufacturing and real estate landscapes.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.