Arvind Fashions Limited
Mirae Asset Mutual Fund increased its stake in Arvind Fashions Limited from 4.36% to 4.43%, growing its shareholding from 5,828,824 to 5,927,164 shares.
A speciality retailer in branded apparels and footwear, Arvind Fashions operates a diverse portfolio of owned and licensed global brands across multiple segments and price points. The company serves Indian consumers through various fashion categories, leveraging both international and domestic brand properties. Its distinctive approach combines curated global brands with local market expertise to capture different customer segments in the Indian retail space.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.