Mirae Asset Mutual Fund increased its stake in DCB Bank Limited from 1.87% to 1.94%, acquiring 233,203 additional shares. This change in holding is worth approximately ₹4.36 Cr based on the share price of ₹187.10.
A private sector bank headquartered in Mumbai, DCB Bank provides comprehensive retail and corporate banking services across India. The bank offers a range of deposit products, personal and business loans, and investment solutions to individuals and corporate clients through its extensive branch network and digital platforms. Founded in 1995, DCB Bank emphasizes personalized banking services and maintains a significant presence in key markets nationwide.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.
