Kingfa Science & Technology (India) Limited
SBI Mutual Fund trimmed its stake in Kingfa Science & Technology (India) Limited, selling 3,806 shares. This reduced its holding from 903,169 shares (6.66%) to 899,363 shares (6.64%).
A manufacturer of modified plastic compounds, Kingfa Science produces high-quality materials for automotive, consumer products, and personal protective equipment applications. Operating as an Indian subsidiary of a Chinese parent organization, the company specializes in engineered plastics tailored for industrial and consumer sectors. Its diverse portfolio includes compounds for vehicle components, household items, masks, and gloves, serving multiple industries with customized polymer solutions and technical support.
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.