SBI Mutual Fund decreased its stake in Sanofi Consumer Healthcare India Limited from 1.74% to 1.47%, selling 63,665 shares for ₹29.07 crore at ₹4567.20 apiece.
A manufacturer and distributor of over-the-counter and consumer healthcare products in India, Sanofi Consumer Healthcare operates as a division of Sanofi, a global pharmaceutical company with decades of international experience. The company produces a diverse range of accessible health and wellness products designed for everyday consumer use across various therapeutic categories. Incorporated in 2023, it delivers trusted healthcare solutions to the Indian market by leveraging its parent company's established expertise and research capabilities.
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.