HDFC Mutual Fund decreased its stake in Bank of Baroda from 2.76% to 2.14%, selling 32,002,378 shares worth ₹793.66 Cr.
One of India's largest public sector banks, Bank of Baroda provides comprehensive financial services across personal banking, corporate banking, and international banking segments. The bank serves diverse customer bases including small and medium enterprises, rural communities, and non-resident Indians through an extensive branch network. Its core offerings span retail lending, deposit mobilization, treasury operations, and specialized banking solutions designed to meet the specific financial needs of different customer segments across the country.
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.
