Galaxy Surfactants Limited
Axis Mutual Fund trimmed its stake in Galaxy Surfactants Limited from 4.38% to 3.97%, selling 1,45,367 shares.
A leading manufacturer of performance surfactants and specialty care products for the home and personal care industries. Galaxy Surfactants produces over 205 product grades used in hair care, oral care, skin care, cosmetics, soaps, shampoos, lotions, detergents, and cleaning products. The company serves as a preferred supplier to major multinational consumer brands, regional players, and local FMCG manufacturers across India and operates as the country's largest manufacturer of oleochemical-based surfactants.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.