Aster DM Quality Care Limited
Nippon India Mutual Fund decreased its stake in Aster DM Healthcare from 1.93% to 1.05%, selling 807,197 shares. The shares were valued at ₹784.30 apiece. Aster DM Healthcare changed its name to Aster DM Quality Care Limited effective July 3, 2026.
An integrated private healthcare provider operating across the Gulf Cooperation Council region and India, Aster DM Health delivers primary, secondary, tertiary, and quaternary care services through a network of hospitals and clinics. The company emphasizes clinical excellence and maintains a distinctive multi-spectrum healthcare presence, positioning itself among few global entities with comprehensive coverage across all care levels and patient demographics.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.