DSP Mutual Fund decreased its stake in Rainbow Childrens Medicare Limited from 4.32% to 4.09%, selling 2,28,184 shares.
A multi-specialty hospital chain delivering pediatric, obstetrics, and gynecology services across India. Rainbow Children's Medicare operates facilities offering newborn and pediatric intensive care, multi-specialty pediatric services, quaternary care, and comprehensive obstetrics and gynecology treatment. The organization provides specialized maternal and child healthcare through hospitals located in major cities nationwide, serving as a prominent provider in this segment.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
