Muthoot Finance Limited
SBI Mutual Fund increased its stake in Muthoot Finance from 5.35% to 5.76%. The fund house acquired 16,62,394 shares, raising its total holding to 2,31,30,186 shares.
A non-banking financial company specializing in gold lending, Muthoot Finance operates predominantly across Southern India through an extensive branch network. The company provides secured loans against gold collateral to retail customers and small businesses. Its distinctive strength lies in combining traditional gold loan operations with modern financial services infrastructure, digital platforms, and efficient customer service delivery across multiple locations.
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.