Kotak Mutual Fund decreased its stake in Nuvama Wealth Management Limited from 4.03% to 3.88%, selling 260,566 shares. The value of shares decreased by ₹48.55 crore based on the share price of ₹1863.10. Mutual Funds have decreased holdings from 6.81% to 6.61% in Mar 2026 qtr.
A financial services company providing broking, trading, and investment advisory services in India's capital markets. Nuvama Wealth Management operates as a registered stockbroker, investment adviser, and merchant banker under SEBI regulations, serving institutional and retail clients. The firm offers equity trading, wealth management solutions, and investment banking services across multiple market segments and customer categories throughout India.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.
