HDFC Mutual Fund decreased its stake in SKF India from 9.71% to 9.65%, selling 29,931 shares.
A leading supplier of rolling bearings, seals, mechatronics, and lubrication systems in India, SKF India operates across industrial and automotive sectors. The company manufactures and distributes precision bearing products and engineered solutions designed for machinery, vehicles, and equipment applications. Its distinctive strength lies in offering integrated product solutions combined with technical expertise to support customer operations and equipment performance across diverse manufacturing and transportation industries.
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.
