1 day ago
HomeMarket NewsBajaj Finserv block deal: Funds queue up to buy shares of the Bajaj Finance-parent
India's domestic mutual funds have a 5.43% stake in Bajaj Finserv, where the SBI Index Fund has a 1.33% stake at the end of the March quarter. Foreign Portfolio Investors, cumulatively had a 7.52% stake in Bajaj Finserv.
Institutions, both domestic and foreign, queued up to buy shares of Bajaj Finance-parent Bajaj Finserv Ltd. in its block deal that took place on Friday, June 6.
Domestic funds ranging from SBI MF to HDFC MF, and global funds from Morgan Stanley to BofA Securities to Goldman Sachs, were all buyers in the Bajaj Finserv block deal, according to data available.
Here's a look at the funds that were buyers in the transaction on Friday:
| Fund | No. Of Shares Bought |
| ICICI Prudential MF | 77.92 Lakh |
| SBI MF | 77.92 Lakh |
| Morgan Stanley Asia | 21.79 Lakh |
| BofA Securities Europe | 13.1 Lakh |
| Aditya Birla Sun Life MF | 12.99 Lakh |
| HDFC MF | 11.66 Lakh |
| Societe Generale | 10.11 Lakh |
| Edelweiss MF | 5.19 Lakh |
| ICICI Prudential Life | 4.68 Lakh |
| JPMorgan India Investment Trust | 4.65 Lakh |
| Tata Mutual Fund | 4.54 Lakh |
| Viridan Asia Opportunities | 4.46 Lakh |
| SBI Life Insurance | 3.12 Lakh |
| Citigroup Global Markets | 2.9 Lakh |
| JPMorgan India Fund | 2.83 Lakh |
| Goldman Sachs Singapore Pte. | 2.23 Lakh |
| Goldman Sachs Mauritius | 2.23 Lakh |
| DSP MF | 0.55 Lakh |
| Nomura Singapore Ltd. | 0.53 Lakh |
Bajaj Finserv promoter Jamnalal Sons Pvt. Ltd. sold 1.82 crore shares, while Bajaj Holdings and Investment sold 1.04 crore shares during that block deal on Friday, that was valued at ₹5,506 crore.
India's domestic mutual funds have a 5.43% stake in Bajaj Finserv, where the SBI Index Fund has a 1.33% stake at the end of the March quarter. Foreign Portfolio Investors, cumulatively had a 7.52% stake in Bajaj Finserv.
Shares of Bajaj Finserv ended 2.3% higher on Friday at ₹1,988.7. The stock has risen 26% so far in 2025 and is among the outperformers on the Nifty.
