Power Grid Corporation of India Limited
UTI Mutual Fund increased its holding in Power Grid Corporation of India Limited by 61,81,260 shares. The fund's stake rose from 1.09% to 1.15% as its position grew to 10,74,17,854 shares.
India's largest electric power transmission company operating extra-high voltage alternating current and high-voltage direct current transmission lines across the country. A Maharatna central public sector undertaking incorporated in 1989, it builds and maintains critical infrastructure for power distribution. The company plays a vital role in connecting power generation sources to distribution networks, enabling reliable electricity supply to consumers nationwide.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.