ICRA Limited

SBI Mutual Fund decreased its stake in ICRA Limited from 2.89% to 2.52%, selling 35,301 shares worth ₹18.35 crore at ₹5197 apiece.

A credit rating and information services agency established in 1991 by leading financial institutions and commercial banks, ICRA provides independent ratings across various debt instruments and sectors. The company offers management consulting, outsourcing services, and investment information solutions to corporations, financial institutions, and investors. ICRA operates as a professional agency dedicated to assessing creditworthiness, providing market intelligence, and supporting informed financial decision-making across India's financial ecosystem.

India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.