Brigade Enterprises Limited
Axis Mutual Fund decreased its stake in Brigade Enterprises Limited from 2.87% to 2.62%, selling 8,16,280 shares.
A South India-based real estate developer established in 1986, operating primarily from Bengaluru with expanding presence across major Indian cities. The company develops residential, commercial, office, retail, and hospitality projects across multiple locations including Bengaluru, Mysuru, Chennai, Ahmedabad, Hyderabad, and Kochi. It has completed over 250 buildings, delivering developed space across diverse property segments and establishing itself as a significant player in India's real estate sector.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.