Nippon India Mutual Fund now holds 1.04% of Cochin Shipyard, up from under 1%. The fund house is now named in the latest shareholding filing with 27,23,231 shares.
A leading Indian shipbuilder that constructs, repairs, and refits vessels of all types for domestic and international clients. Cochin Shipyard specializes in bulk carriers, platform supply vessels, and technologically advanced ships, with expertise spanning new construction to periodic upgradation and life extension services. The company has delivered numerous vessels globally and maintains a strong reputation for executing large-scale maritime projects with specialized capabilities.
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.
