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The total stake sale was absorbed in part by Kotak Mahindra Mutual Fund, which acquired over 21.7 lakh shares at the same ...
Norway's universal bank, Norges Bank, on account of the Government Pension Fund Global purchased 8 lakh shares or 0.3% stake.
Choosing the right mutual fund depends on how much risk you're comfortable with and how long you plan to invest.
Kotak Mahindra Bank Ltd. closed 5.06% below its 52-week high of 2,301.55 rupees, which the company reached on April 22nd.