Only a few short weeks after making the largest investment in Adani Group companies, Rajiv Jain-backed GQG Partners sold HDFC AMC equity shares in a bulk transaction on the NSE for over 397 crore. In contrast, SBI Mutual Fund purchases around 757.41 crore worth of shares in the HDFC-backed mutual fund firm.
GQQ Partners Emerging Markets Equity Fund sold 24,78,905 equity shares in a bulk transaction on the NSE. HDFC AMC: 1600.85 per share, total: 396.84 cr.
SBI MF purchased 47,33,788 equity shares in HDFC AMC Overall for 757.41 crores in a bulk transaction.