PPFAS Mutual Fund increased its stake in Mahindra & Mahindra Limited from 1.27% to 1.44%, growing its shareholding from 15,518,917 to 17,567,360 shares. This is the latest of several reported increases by PPFAS Mutual Fund in Mahindra & Mahindra Limited, including additions in April, May, and July 2026.
A diversified automobile manufacturer, Mahindra & Mahindra designs and produces vehicles across multiple segments including two-wheelers, three-wheelers, passenger cars, commercial vehicles, tractors, and earthmoving equipment. The company serves both domestic and international markets through its comprehensive product range. Its vertically integrated operations and broad presence across diverse automotive categories distinguish it as one of India's most diversified automobile manufacturers in the sector.
Founded by Parag Parikh Financial Advisory Services, best known for the Parag Parikh Flexi Cap Fund which invests in both Indian equities and select global large-caps including Meta, Alphabet, and Microsoft. Manages over Rs 1.2 lakh crore with a concentrated, long-duration, value-focused approach. CIO Rajeev Thakkar is one of India's most respected investors with a Munger-influenced thinking style.