Sai Silks (Kalamandir) Limited
SBI Mutual Fund cut its stake in Sai Silks (Kalamandir) Limited from 3.62% to 2.20%, selling 21,88,419 shares.
A provider of ethnic apparel and value-fashion products operating through four distinct retail store formats: Kalamandir, VaraMahalakshmi Silks, Mandir, and KLM Fashion Mall. The company specializes in traditional and contemporary ethnic wear, serving customers across different price segments and demographics. Incorporated in 2005, it maintains a diversified retail portfolio catering to the Indian ethnic fashion market through its multi-format store strategy.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.