Brigade Hotel Ventures Limited
Axis Mutual Fund trimmed its Brigade Hotel Ventures Limited stake from 1.24% to 1.19%, selling 1,70,168 shares.
A hotel owner and developer operating across key cities in India, with primary focus on South India. Brigade Hotel Ventures Limited develops and manages hospitality properties in strategic urban locations, catering to both business and leisure travelers. The company owns and operates hotels designed to serve diverse guest segments across major metropolitan areas in the region, establishing itself as a notable player in India's hospitality real estate and hotel management sector.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.