Hindustan Unilever Limited
Nippon India Mutual Fund now holds 2,42,62,962 shares or a 1.03% stake in Hindustan Unilever Limited, up from under 1% in the prior filing.
A leading fast-moving consumer goods company in India, Hindustan Unilever operates across home care, beauty and personal care, and foods and refreshment segments. The company manufactures products through facilities strategically located across the country and distributes primarily within India. Its extensive portfolio spans household essentials, personal care products, and food brands serving diverse customer needs across urban and rural markets.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.