SBI Mutual Fund bought 6,81,031 shares of Multi Commodity Exchange of India Limited, increasing its stake from 1.52% to 1.79%.
India's leading commodity derivatives exchange, MCX operates as a national-level electronic platform regulated by SEBI. The exchange provides fair price discovery and price risk management services across the Indian commodity market ecosystem. As India's first listed national commodity exchange, it facilitates trading in metals, energy, and agricultural commodities for farmers, traders, and institutional participants seeking hedging and investment opportunities in commodity markets.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
