Go Fashion (India) Limited
Nippon India Mutual Fund decreased its stake in Go Fashion (India) Limited from 8.05% to 7.97%, selling 39,416 shares.
One of India's largest women's bottom-wear retailers, Go Fashion develops, designs, sources, and sells apparel under the Go Colors brand. The company offers an extensive portfolio of bottom-wear products across numerous colors and styles, positioning itself distinctively in the women's speciality apparel segment. Go Fashion operates through retail channels and maintains a strong presence in the women's bottom-wear category across India.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.