SBI Mutual Fund decreased its stake in Infosys Limited from 4.66% to 4.37%, selling 11,362,544 shares from 174,628,701 to 163,266,157. This transaction occurred in the context of a rights issue.
A leading IT services and consulting company that provides digital transformation, technology outsourcing, and next-generation digital solutions to global enterprises. Infosys helps clients across various industries execute their strategic business transformation initiatives through innovative technology platforms and specialized consulting services. The company operates internationally, delivering end-to-end solutions designed to modernize operations and drive competitive advantage in the digital economy.
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.