DSP Mutual Fund sold 2,11,361 shares of Amrutanjan Health Care, decreasing its stake from 3.55% to 2.82%.
A heritage pharmaceutical manufacturer specializing in over-the-counter products across pain management, women's hygiene, and packaged beverages, Amrutanjan Health Care has operated since 1893. The company produces ayurvedic balms and wellness solutions, leveraging traditional formulations combined with modern manufacturing practices. Currently managed by third-generation promoters, it maintains a significant presence in India's consumer health sector while focusing on accessible wellness solutions for Indian households and retail markets.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
