Axis Mutual Fund has reduced its stake in Brigade Enterprises Limited to 2.99%, disposing of 0.04% of equity shares on January 27, 2026. The shares were sold in the ordinary course of investment. The disposal results in a reduction equal to or more than 2% of the equity share capital by schemes of Axis Mutual Fund since the last reporting.
Details of Share Disposal
On January 27, 2026, Axis Mutual Fund disposed of 0.04% equity shares of Brigade Enterprises Limited, bringing its total holding down to 2.99% of the company’s equity share capital.
Pre-Disposal Holdings
Prior to the disposal, Axis Mutual Fund held 74,03,129 shares, representing 3.03% of the total share/voting capital in Brigade Enterprises Limited.
Post-Disposal Holdings
Following the disposal, the fund now holds 73,18,429 shares, which constitutes 2.99% of the company’s equity.
Impact on Share Capital
Before and after the disposal, the equity share capital/ total voting capital of Brigade Enterprises Limited remains constant at Rs 2,44,49,82,730, comprising 24,44,98,273 shares with a face value of Rs. 10 each.
Scheme-wise Holdings
The share disposal was part of portfolio investments by Mutual Fund schemes.
Scheme-wise Allocation before disposal
Axis Small Cap Fund: 61,54,986 (2.52%)
Axis Multicap Fund: 4,45,611 (0.18%)
Axis Business Cycles Fund: 2,48,365 (0.10%)
Axis ELSS Tax Saver Fund: 2,36,471 (0.10%)
Axis Balanced Advantage Fund: 88,348 (0.04%)
Axis Aggressive Hybrid Fund: 80,139 (0.03%)
Axis Value Fund: 56,934 (0.02%)
Axis Children’s Fund: 47,825 (0.02%)
Axis Retirement Fund – Aggressive Plan: 41,892 (0.02%)
Axis Retirement Fund – Dynamic Plan: 17,473 (0.01%)
Axis Equity Savings Fund: 7,592 (0.00%)
Axis Nifty 500 Index Fund: 2,225 (0.00%)
Scheme-wise Allocation after disposal
Axis Small Cap Fund: 61,54,986 (2.52%)
Axis Multicap Fund: 4,45,611 (0.18%)
Axis Business Cycles Fund: 2,48,365 (0.10%)
Axis ELSS Tax Saver Fund: 1,27,039 (0.05%)
Axis Balanced Advantage Fund: 88,348 (0.04%)
Axis Aggressive Hybrid Fund: 80,139 (0.03%)
Axis Value Fund: 56,934 (0.02%)
Axis Children’s Fund: 47,825 (0.02%)
Axis Retirement Fund – Aggressive Plan: 41,892 (0.02%)
Axis Retirement Fund – Dynamic Plan: 17,473 (0.01%)
Axis Equity Savings Fund: 7,592 (0.00%)
Axis Nifty 500 Index Fund: 2,225 (0.00%)
Source: BSE
