MphasiS Limited
UTI Mutual Fund trimmed its stake in MphasiS Limited from 1.15% to 1.09%, selling 1,02,459 shares.
A global information technology solutions provider that specializes in cloud and cognitive services for enterprise transformation. Mphasis applies next-generation technology to help businesses modernize operations and drive digital change across multiple industries worldwide. The company delivers IT consulting and software solutions, focusing on emerging technologies, business process optimization, and infrastructure modernization to enable clients to compete effectively in digital markets.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.