Bosch Home Comfort India Limited
SBI Mutual Fund took a new position in Bosch Home Comfort India Limited, acquiring 1,405,000 shares for approximately ₹185.79 Cr at ₹1322.40 apiece, representing a 5.17% stake and crossing the 5% disclosure threshold.
A manufacturer and distributor of heating, cooling, and refrigeration appliances for residential and commercial use, Johnson Controls-Hitachi Air Conditioning India operates under the Bosch Home Comfort brand. The company produces air conditioners, refrigerators, chillers, and variable refrigerant systems, serving both household and industrial segments across the country. It combines Japanese and German engineering expertise to deliver energy-efficient climate control solutions through an extensive distribution network.
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.