DSP Mutual Fund now holds a 1.03% stake in SBI Life Insurance Company Limited, representing 1,03,82,803 shares, up from under 1% in the prior filing.
A leading life insurance provider in India, SBI Life Insurance offers comprehensive life insurance and annuity products to individual and corporate customers nationwide. The company operates as a joint venture between State Bank of India and BNP Paribas Cardif S.A., combining India's domestic banking expertise with international insurance experience. SBI Life serves millions of customers through an extensive distribution network spanning the country.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
