Bikaji Foods International Limited
Nippon India Mutual Fund now holds a 1.15% stake in Bikaji Foods International Limited, representing 28,83,343 shares, up from under 1% in the prior filing.
A leading Indian FMCG brand that manufactures and sells a diverse range of packaged snacks and food products across multiple categories. Bikaji Foods produces bhujia, namkeen, packaged sweets, papad, western snacks, and other offerings including gift packs, frozen foods, mathri range, and cookies. The company operates through extensive distribution networks, serving consumers with established snack brands throughout India's packaged foods market.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.