MphasiS Limited
Tata AIA Life Insurance decreased its stake in MphasiS Limited from 1.07% to 1.06%, selling 2,260 shares.
A global information technology solutions provider that specializes in cloud and cognitive services for enterprise transformation. Mphasis applies next-generation technology to help businesses modernize operations and drive digital change across multiple industries worldwide. The company delivers IT consulting and software solutions, focusing on emerging technologies, business process optimization, and infrastructure modernization to enable clients to compete effectively in digital markets.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.