UTI Mutual Fund now holds a 1.11% stake in Tata Consumer Products Limited, up from under 1% in the previous period, representing 1,09,66,389 shares.
A global food and beverages company operating within the Tata Group, Tata Consumer specializes in tea and coffee products across multiple markets worldwide. The company manufactures, markets, and distributes a diverse portfolio of branded beverages for consumers in India and internationally. Its distinctive position combines established brand recognition in the tea industry with vertical integration across production, distribution, and retail channels.
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.
