SBI Mutual Fund, which previously held a 3.15 percent stake in Colgate Palmolive (India) Limited, has dropped off the latest shareholder list. This indicates SBI Mutual Fund either executed a complete exit or reduced its holding below the 1 percent threshold.
A leading manufacturer and marketer of oral care and personal hygiene products in India, the company produces toothpaste, tooth powder, toothbrushes, mouthwash, and related consumer goods for households and institutions. It operates through extensive retail distribution channels across the country with well-established brands in the oral care segment. The company maintains a strong presence in India's consumer defensive market through consistent product innovation, quality manufacturing, and wide market reach.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
