TVS Holdings Limited
Nippon India Mutual Fund decreased its stake in TVS Holdings Limited from 1.40% to 1.31%, selling 18,418 shares. The value of the remaining 265,600 shares is ₹390.78 Cr as of July 31, 2026.
A manufacturer of non-ferrous aluminum die castings, the company produces gravity and pressure die castings for automotive and industrial applications. Established in Chennai in 1962, it operates as part of the TVS group and serves as a key supplier to major manufacturers across India's automotive and engineering sectors. The company specializes in precision casting solutions for diverse customer requirements.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.