Smart Money Alert
Max Financial Services Limited
DecreasedQuarterly
MFSLLife InsuranceMarket Cap₹45K Cr
Stake
1.95% → 1.85%
Holding
63.96 L shares
Change
−3.40 L shares
As of
Sept 2026
Since alert−2.3%₹1,325.40 → ₹1,294.90
Nifty 50+1.9%
HDFC Life Insurance
Institution
The move
HDFC Life Insurance trimmed its stake in Max Financial Services from 1.95% to 1.85%, selling 3,40,271 shares.
About Max Financial Services Limited
Visit stock A leading investment and advisory services company that owns and actively manages a majority stake in Max Life Insurance, one of India's largest non-bank life insurers and fourth largest private life insurance operator. The company provides management advisory services to group entities and nurtures business investments across the Max Group conglomerate, playing a pivotal role in India's insurance sector.
About HDFC Life Insurance
Visit investor HDFC Life Insurance Company Limited, institutional investor in Indian equities
Get the next move the moment it happens.
Follow HDFC Life Insurance and Max Financial Services Limited on WhaleWatch, alongside 300+ top investors, funds and FPIs. The newest moves are waiting for you inside.
Explore
🤖 We track their every move, post, interview and article. Obsessively.
⚡ Every move reaches your feed in minutes, while it still carries an edge
📊 Stake changes, bulk deals and insider trades, all tracked in one place
📰 A two-minute morning brief, so you start the day already ahead
SBI Mutual FundExited
SBI Mutual Fund, which previously held 2.09 percent of Max Financial Services Limited, has dropped off the latest major shareholder list. The fund has either completely exited or trimmed its stake below the 1 percent reporting threshold.
12 Oct 2026
Read more HDFC Mutual FundDecreased
HDFC Mutual Fund trimmed its stake in Max Financial Services Limited from 9.27% to 9.24%, selling 1,03,068 shares.
12 Oct 2026
Read more Nippon India Mutual FundDecreased
Nippon India Mutual Fund trimmed its stake in Max Financial Services from 5.01% to 4.97%, selling 1,42,073 shares.
12 Oct 2026
Read more ICICI Prudential Mutual FundNew position
ICICI Prudential Mutual Fund newly disclosed a 1.27% stake in Max Financial Services Limited. The fund holds 43,78,334 shares, crossing the 1% disclosure threshold.
12 Oct 2026
Read more American Funds (Capital Group)Increased
American Funds (Capital Group) raised its stake in Max Financial Services Limited from 2.96% to 3.00%, purchasing 1,68,404 shares for approximately ₹22.06 Cr at ₹1309.70 apiece.
12 Oct 2026
Read more Mahindra & Mahindra Financial Services Limited
Direction, size, price and stake change for this move, with what it means for the company.
17 Oct 2026. Sign in to see this move
The Federal Bank Limited
Direction, size, price and stake change for this move, with what it means for the company.
17 Oct 2026. Sign in to see this move
Bharat Forge LimitedIncreased
HDFC Life Insurance increased its stake in Bharat Forge from 1.00% to 1.02%, acquiring 1,77,554 shares.
BHARATFORG16 Oct 2026
Read more Amagi Media Labs LimitedNew position
HDFC Life Insurance added over 0.58% of Amagi Media Labs Limited during the quarter and now holds 1.58%, or 34,82,330 shares. Earlier disclosed transactions in the quarter accounted for 17,85,713 shares of this change.
AMAGI16 Oct 2026
Read more IndusInd Bank LimitedIncreased
HDFC Life Insurance increased its stake in IndusInd Bank from 1.33% to 1.58%. The institution acquired 18,88,863 additional shares, raising its total holding to 1,17,67,381 shares.
INDUSINDBK16 Oct 2026
Read more