Mahindra Holidays & Resorts India Limited
UTI Mutual Fund increased its stake in Mahindra Holidays & Resorts India Limited from 1.59% to 1.61%, acquiring 57,029 shares.
A vacation ownership company offering family holidays through membership-based models, Mahindra Holidays operates the Club Mahindra brand across multiple resort destinations in India and internationally. The company provides leisure and hospitality services to members seeking planned vacation experiences throughout the year. As a subsidiary of the Mahindra Group, it caters to families seeking affordable and accessible holiday solutions through its established vacation ownership framework.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.