SBI Mutual Fund's stake in Engineers India Limited was newly disclosed at 1.09%, up from under 1% in the prior period, with the fund now holding 61,24,729 shares.
A central public sector undertaking operating under the Ministry of Petroleum and Natural Gas, Engineers India provides comprehensive engineering consultancy and project execution services. The company undertakes turnkey contracts across the energy, refining, and infrastructure sectors, delivering integrated solutions spanning design, engineering, procurement, and construction. Its distinctive strength lies in managing complex, large-scale projects requiring specialized technical expertise and end-to-end project delivery capabilities in challenging environments.
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.
