InterGlobe Aviation Limited
UTI Mutual Fund entered InterGlobe Aviation by buying 46,10,253 shares, representing a 1.19% stake worth about ₹2,228 Cr.
India's largest passenger airline operating as a low-cost carrier, IndiGo serves 86 destinations including 24 international routes across the country and beyond. The airline distinguishes itself through an unbundled business model that emphasizes simple products and transparent pricing. IndiGo focuses on delivering low fares, punctual flights, and courteous service to passengers, having grown its fleet significantly since commencing operations in 2006.
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.