LT Foods Limited
DSP Mutual Fund trimmed its stake in LT Foods from 3.42% to 3.21%, offloading 749,919 shares worth ₹28.74 crore at ₹382.95 apiece.
A leading global FMCG company specializing in specialty rice and rice-based food products, this Indian company has established a strong presence across multiple markets over seven decades. Operating as a vertically integrated player in the food and consumer goods sector, it focuses on premium rice varieties and value-added rice products for both domestic and international consumers. The company's distinctive strength lies in its deep expertise in rice processing and its established distribution network spanning key global markets.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.