Multi Commodity Exchange of India Limited
American Funds (Capital Group) raised its stake in Multi Commodity Exchange of India Limited from 1.37% to 1.58%. The fund family increased its holding by 5,32,738 shares, taking its total position to 40,30,792 shares.
India's leading commodity derivatives exchange, MCX operates as a national-level electronic platform regulated by SEBI. The exchange provides fair price discovery and price risk management services across the Indian commodity market ecosystem. As India's first listed national commodity exchange, it facilitates trading in metals, energy, and agricultural commodities for farmers, traders, and institutional participants seeking hedging and investment opportunities in commodity markets.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.