HDFC Bank Limited
Mirae Asset Mutual Fund initiated a new position in HDFC Bank, acquiring 15,46,30,723 shares, which represents a 1.16% stake in the company.
One of India's largest private sector banks, HDFC Bank operates as a comprehensive financial services provider headquartered in Mumbai. The bank offers retail banking, wholesale banking, and treasury operations across the country. It maintains a strong presence through its extensive branch network and digital banking platforms, serving individual and corporate customers with a range of deposit, lending, investment, and advisory products tailored to diverse financial needs.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.