HDFC Mutual Fund increased its stake in Eicher Motors from 2.79% to 2.83%, buying 1,31,597 shares.
A leading Indian automobile manufacturer engaged in the design and production of middleweight motorcycles, commercial vehicles, and auto components. The company operates through its core motorcycle business and a joint venture with Sweden's AB Volvo for truck and bus manufacturing. Known for its dominant global position in the middleweight motorcycle segment and comprehensive commercial vehicle operations across India and international markets.
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.
