SBI Mutual Fund increased its stake in Tata Consumer Products Limited from 1.47% to 1.69%, purchasing 21,29,024 shares.
A global food and beverages company operating within the Tata Group, Tata Consumer specializes in tea and coffee products across multiple markets worldwide. The company manufactures, markets, and distributes a diverse portfolio of branded beverages for consumers in India and internationally. Its distinctive position combines established brand recognition in the tea industry with vertical integration across production, distribution, and retail channels.
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.
