Motilal Oswal Mutual Fund decreased its stake in IndusInd Bank from 1.54% to 1.43%, selling 784,403 shares worth ₹80.57 Cr at ₹1027.20 apiece.
A private sector commercial bank incorporated in 1994, IndusInd Bank provides a comprehensive range of banking products and financial services to corporate and retail clients across India. The bank undertakes treasury operations and maintains a presence at International Financial Service Centres within the country. As a publicly held institution, it delivers diverse financial solutions including deposit accounts, lending products, and investment services to its customer base.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.
