ACC Limited
HDFC Mutual Fund trimmed its stake in ACC Limited from 2.79% to 2.76%, selling 63,585 shares.
A leading cement manufacturer in India, ACC produces cement and ready-mix concrete for domestic construction and infrastructure markets. Established in 1936 and part of the Adani Group, the company operates multiple manufacturing facilities across the country. ACC serves builders, contractors, and infrastructure developers through its vertically integrated production capabilities and distribution network.
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.