Ujjivan Small Finance Bank Limited

DSP Mutual Fund increased its stake in Ujjivan Small Finance Bank from 1.45% to 1.49%, growing its shareholding from 28,091,831 to 28,998,898 shares. This involved buying 907,067 shares for approximately ₹5.88 crore.

A mass market-focused small finance bank in India that provides banking and financial services to economically active populations excluded from traditional banking channels. Originally established as a Non-Banking Financial Company in 2005, it transitioned to a small finance bank to expand its reach. The bank is committed to building financial inclusion by serving financially underserved and unserved segments across 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.