Axis Mutual Fund has reduced its stake in Torrent Power Ltd to 3.06%, selling 0.11% of equity shares on November 12, 2025. The disposal was part of ordinary portfolio management. The sale resulted in the total holdings dropping below the threshold requiring disclosure. The transaction was executed through open market trades.
Axis MF Reduces Holdings
Axis Mutual Fund, through its various schemes, has disposed of 0.11% of the equity shares of Torrent Power Ltd on November 12, 2025. This transaction has reduced their overall holding in the company to 3.06% of the equity share capital.
Details of the Transaction
The shares were sold through the open market. The schemes of Axis Mutual Fund held 1,60,08,130 shares before the disposal, constituting 3.17% of Torrent Power’s equity. After the sale, the fund holds 1,54,43,254 shares.
Impact on Scheme Holdings
The stake reduction was implemented across several Axis Mutual Fund schemes. Some specific changes include:
- Axis ELSS Tax Saver Fund: Reduced from 1.19% to 1.11%
- Axis Focused Fund: Reduced from 0.60% to 0.57%
Remaining Holdings Across Schemes
The remaining shares of Torrent Power are distributed across various Axis Mutual Fund schemes, including Axis Midcap Fund with 0.59% and Axis Large & Mid Cap Fund with 0.48% of the equity share capital, along with smaller allocations in Axis Flexi Cap Fund, Axis Innovation Fund and Axis Arbitrage Fund.
Source: BSE
