Nippon India Mutual Fund now holds 1.10% of Godrej Consumer Products, up from under 1% previously, with a holding of 1,12,60,768 shares. This is a newly disclosed holding in the latest shareholding filing.
A fast-moving consumer goods manufacturer and marketer, Godrej Consumer produces household and personal care products for Indian and international markets. The company operates across multiple product categories including hair care, fabric care, home hygiene, and wellness through a portfolio of established and emerging brands. It serves diverse consumer segments spanning urban and rural areas through both traditional and modern product innovations.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
