HDFC Mutual Fund added over 3.38% of Spectrum Electrical Industries and now holds 4.38%, or 7,49,250 shares, following a rights issue.
A vertically integrated industrial manufacturer engaged in injection moulding, electrical press components, and surface treatment services. The company serves the automotive, electrical, and stamped parts sectors with specialized manufacturing capabilities and processing expertise. Incorporated in 1995, it operates across multiple production stages, offering comprehensive solutions for complex industrial components and surface finishing requirements to diverse industrial clients.
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.
