SML Mahindra Limited
LIC Mutual Fund added over 0.42% of SML Mahindra and now holds 1.42%, or 2,05,879 shares.
A manufacturer of commercial vehicles and light commercial vehicles in India, SML Mahindra produces trucks and utility vehicles through technical collaboration with Isuzu Motors of Japan. The company leverages Japanese engineering expertise to design and assemble vehicles for the Indian commercial transport sector. Established in 1983 with roots in tractor manufacturing, it operates as a joint venture with significant stakeholder involvement from Japanese partners including Sumitomo Corporation and Isuzu Motors.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.