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    Question

    __________ bought a 2.2 per cent stake in HDFC AMC worth

    Rs 757 crore in open market transactions, as GQG Partners sold off 1.16 per cent stake (worth Rs 396.8 crore) in the asset management company.
    A Axis Mutual Fund Correct Answer Incorrect Answer
    B HDFC Mutual Fund Correct Answer Incorrect Answer
    C SBI Mutual Fund Correct Answer Incorrect Answer
    D Bandhan Mutual Fund Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

       SBI Mutual Fund bought a 2.2 per cent stake in HDFC AMC worth Rs 757 crore in open market transactions, as GQG Partners sold off 1.16 per cent stake (worth Rs 396.8 crore) in the asset management company.     GQG Partners has trimmed its holding in the company from 5.33 per cent to 2.76 per cent.

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