UTI Mutual Fund raised its stake in Trent Limited from 1.31% to 1.48% by purchasing 9,34,127 shares.
A specialty retailer operating across India through multiple retail formats and concepts, Trent sells apparel, footwear, accessories, toys, games, food, and grocery products to consumers nationwide. The company manages diverse store formats tailored to different customer segments and shopping occasions, combining both food and non-food categories. Its integrated approach to retail operations and multi-format strategy distinguish it within India's organized retail landscape.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.
