Motilal Oswal Mutual Fund trimmed its stake in L&T Finance from 1.68% to 1.40%, selling 70,77,144 shares.
A non-banking financial company providing a comprehensive range of financial products and services to retail and corporate customers across India. L&T Finance offers lending solutions, investment products, and financial advisory services tailored to various customer segments and requirements. The company has applied for registration as a systemically important core investment company, positioning itself as a significant player in India's growing non-banking financial sector.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.
