Bandhan Mutual Fund entered Max Estates with 26,42,550 shares, a 1.62% stake worth ₹108.28 Cr.
A leading real estate developer in the Delhi-NCR region, MAX Estates operates as the property development arm of the Max Group. The company specializes in residential, commercial, and mixed-use projects across key markets in the National Capital Region. It distinguishes itself through its parent group's established reputation for quality construction, integrated township development, and sustainable urban planning practices in India's real estate sector.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
