Mastek Limited
HDFC Mutual Fund increased its stake in Mastek Limited from 3.62% to 4.13%, acquiring 156,307 shares. Some reports indicate that HDFC Mutual Fund, through its Small Cap Fund, further increased its stake to 5.06% by acquiring 86,746 shares on July 15, 2026, crossing the 5% disclosure threshold.
A vertically-focused enterprise technology solutions provider, Mastek delivers digital transformation services to clients across banking, insurance, healthcare, and other industries. Established in 1982, the company has evolved from a traditional IT solutions provider into a comprehensive digital transformation partner over nearly four decades of operations. Its core offerings include software development, application modernization, cloud migration, and sector-specific consulting services designed to address complex business challenges.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.