SBI Mutual Fund trimmed its stake in Niva Bupa Health Insurance Company from 1.39% to 1.36%, selling 4,99,812 shares. After the transaction, the fund house retains 2,51,98,757 shares in the company.
A tech-driven health insurance company operating across India, Niva Bupa Health Insurance provides comprehensive coverage for individuals, families, and corporate clients through digital-first platforms. The company combines advanced technology with traditional insurance services to deliver health protection products and claims management solutions. Established in 2008, it operates as a general insurer focused primarily on the health insurance segment in the Indian market.
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.
