HDFC Mutual Fund decreased its stake in Jagran Prakashan Limited from 5.90% to 3.89%, selling 43,77,021 shares. This move lowered their holding below the 5% disclosure threshold.
A diversified media conglomerate, Jagran Prakashan operates across newspapers, magazines, FM radio, digital platforms, outdoor advertising, and event management. The company publishes multiple print publications alongside broadcast and digital media properties, serving readers and advertisers across various regions. Its integrated portfolio spans news publishing, radio entertainment, promotional marketing, and activation services, establishing a presence across traditional and modern media channels.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
