News From Press SBI MF schemes buy 2.2% stake worth Rs 757 cr in HDFC AMC in open market

SBI MF schemes buy 2.2% stake worth Rs 757 cr in HDFC AMC in open market

Source: Business Standard Mar 21, 2023

SBI Mutual Fund bought a 2.2 per cent stake in HDFC AMC worth Rs 757 crore in open market transactions on Monday, as GQG Partners sold off 1.16 per cent stake (worth Rs 396.8 crore) in the asset management company, shows bulk deal data available with the exchanges.

The sellers of the rest of the shares is unknown.

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