SBI Mutual Fund trimmed its stake in NIIT Learning Systems from 2.98% to 2.36%, selling 8,48,433 shares. This move reduced its holding to 32,49,682 shares.
A provider of managed training services to corporations across 30 countries, NIIT Learning Systems offers custom content design, learning delivery, and L&D consulting. The company delivers specialized solutions including immersive learning, customer education, talent pipeline services, diversity and inclusion training, digital and IT skills development, and leadership programs. Its comprehensive approach combines learning technology platforms with strategic sourcing to support enterprise workforce development and organizational capability building.
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.
