HDFC Mutual Fund reduced its stake in Bajaj Consumer Care Limited from 6.85% to 6.47%, selling 5,02,550 shares for ₹26.41 Cr at ₹525.65 apiece.
A leading manufacturer of cosmetics, toiletries, and personal care products, Bajaj Consumer Care operates across a diverse portfolio of brands serving consumers in both domestic and international markets. The company distinguishes itself through its multi-brand strategy, established distribution network, and deep penetration across various personal care segments including skincare, haircare, and hygiene products. Its strength lies in strong consumer recognition and presence across retail channels.
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.