Dixon Technologies (India) Limited
HDFC Mutual Fund initiated a new position in Dixon Technologies, acquiring 1,050,484 shares, representing a 1.72% stake. The investment is valued at ₹1507.29 crore based on a share price of ₹14329.00.
An electronic manufacturing services company that designs and produces consumer electronics, mobile phones, lighting products, home appliances, and CCTV cameras for domestic and international markets. Dixon Technologies operates reverse logistics operations and manufactures security surveillance equipment, wearables, and audio-visual components. The company recently formed a joint venture to develop and manufacture wireless audio solutions in India, expanding its product portfolio.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.