HDFC Asset Management Company Limited
Government Pension Fund Global (Norway) sold 22,576 shares of HDFC Asset Management Company, trimming its stake from 1.67% to 1.66%.
A leading fund management company in India, HDFC Asset Management provides investment and wealth management services across mutual funds and other asset classes. Established in 1999, the company offers diversified investment solutions to retail and institutional clients through a range of equity, debt, and hybrid schemes. It operates as a subsidiary of HDFC Bank, leveraging the parent's extensive distribution network and customer base to deliver comprehensive financial products and services.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.