AU Small Finance Bank Limited
DSP Mutual Fund decreased its stake in AU Small Finance Bank from 1.60% to 1.03%, selling 4,324,246 shares. Its total holding now stands at 7,680,957 shares.
A retail-focused banking institution providing comprehensive financial services across India. AU Small Finance Bank operates in retail banking, wholesale banking, and treasury operations, serving customers through a diversified product portfolio. The bank specializes in extending credit and deposit services to underserved and emerging customer segments while maintaining a network of branches across urban and semi-urban markets throughout the country.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.