HDFC Mutual Fund, which last reported a 1.01 percent stake in Sagar Cements Limited, is no longer listed among its public shareholders, indicating either a complete sale or a reduction to below the 1 percent disclosure requirement.
A cement manufacturer engaged in the production and distribution of cement across India, Sagar Cements operates modern manufacturing facilities equipped with advanced technology to deliver quality cement products for construction and infrastructure projects. The company serves diverse customer segments including residential builders, commercial developers, and industrial users through its established distribution network and supply chain operations.
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.
