Mirae Asset Mutual Fund decreased its stake in Campus Activewear Limited from 3.09% to 2.77%, selling 991,116 shares for approximately ₹22.1 Cr.
A leading Indian sports and athleisure footwear manufacturer, Campus Activewear designs and distributes a diverse range of shoes including running, walking, casual, floaters, and sandals in multiple colors and styles. The company serves consumers through various retail and distribution channels across India. Its competitive advantage lies in offering quality footwear at affordable prices while maintaining a strong presence in both value and volume segments of the domestic market.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.
