HSBC Mutual Fund added over 0.41% of Cartrade Tech Limited and now holds 1.41%, or 6,87,042 shares, crossing the 1% disclosure threshold.
A multi-channel automotive platform provider that connects buyers, sellers, dealers, and original equipment manufacturers across new and used vehicle segments in India. Operating brands including CarWale, CarTrade, BikeWale, Shriram Automall, CarTradeExchange, Adroit Auto, and AutoBiz, the company offers comprehensive solutions for vehicle transactions, marketing, financing, and value-added services across the automotive ecosystem.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.
