Aditya Birla Sun Life Mutual Fund decreased its stake in Medi Assist Healthcare Services by selling 407,796 shares, reducing its holding from 7.06% to 6.50%. The value of the sold shares is approximately ₹14.54 crore, calculated at a share price of ₹357.05.
A health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes across India. Medi Assist Healthcare Services primarily serves insurance companies by administering comprehensive health benefit programs, claims processing, and related services. Incorporated in June 2000, the company specializes in bridging healthcare providers and insurers through technology-driven solutions and operational expertise in the health benefits management sector.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.
