Stanley Lifestyles Limited
SBI Mutual Fund has dropped off Stanley Lifestyles Limited's key shareholder list after previously holding a 2.57 percent stake. This shift represents either a complete exit or a reduction to beneath the 1 percent regulatory disclosure threshold.
A manufacturer and trader of furniture and leather products serving the Indian residential and commercial markets. Stanley Lifestyles designs, manufactures, and distributes a range of home furnishing solutions including upholstered furniture, wooden pieces, and leather goods. The company operates manufacturing facilities and maintains distribution networks across India, focusing on delivering quality furniture products to diverse customer segments and building a presence in the organized home furnishing sector.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.