Bajaj Finance Limited
SBI Mutual Fund increased its stake in Bajaj Finance Limited from 2.41% to 2.58% by adding 1,99,978 shares, valued at ₹21.54 Cr at ₹1077.00 per share.
A leading non-banking financial company in India, Bajaj Finance provides comprehensive lending services across retail, small and medium enterprises, and commercial customer segments. The company operates extensively in both urban and rural markets with a diversified loan portfolio. It accepts public and corporate deposits while offering a range of financial services products including insurance and investment solutions to its customers.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.