United Breweries Limited
SBI Mutual Fund raised its stake in United Breweries Limited from 4.94% to 5.92% by purchasing 25,74,700 shares, crossing the 5% disclosure threshold.
A leading brewer in India, United Breweries manufactures and sells beer and non-alcoholic beverages through extensive distribution networks across the country. The company operates multiple breweries and maintains a diverse portfolio of recognized brands catering to different consumer segments and preferences. Its operations encompass production, marketing, and retail distribution of both alcoholic and non-alcoholic drink products to consumers nationwide.
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.