Kaynes Technology India Limited
Axis Mutual Fund trimmed its stake in Kaynes Technology India Limited from 1.38% to 1.19%, decreasing its shareholding from 9,23,618 to 7,95,251 shares.
An integrated electronics manufacturing company providing end-to-end solutions and IoT-enabled services across automotive, aerospace, defense, industrial, medical, railways, and IT sectors. Kaynes Technology offers conceptual design, process engineering, integrated manufacturing, and comprehensive lifecycle support to major industry players. The company combines advanced IoT capabilities with vertically integrated contract manufacturing expertise to serve diverse and specialized industrial segments across India.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.