Tata Motors Passenger Vehicles Limited
Tata AIA Life Insurance reduced its holding in Tata Motors Passenger Vehicles, selling 7,50,591 shares to decrease its position from 84,81,963 to 77,31,372 shares.
A global automobile manufacturer and part of the Tata conglomerate, this company designs and produces a diverse portfolio of passenger cars, utility vehicles, and commercial vehicles for domestic and international markets. The company operates integrated manufacturing facilities across multiple locations and leverages its parent group's extensive resources, expertise, and distribution networks. It competes across multiple vehicle segments with a focus on innovation, affordability, and customer accessibility.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.