Ashish Dhawan buys stake in this mutual funds’ favourite ₹65 stock

Ashish Dhawan buys stake

Ashish Dhawan’s portfolio: During the quarter from January to March 2023, ace investor purchased a position in Equitas Small Finance Bank. Investor Ashish Dhawan’s name appears on the list of individual shareholders holding 1% or more of Equitas Small Finance Bank, according to the shareholding pattern the small finance bank disclosed to Indian exchanges.

The asset management companies (AMCs) SBI Mutual Fund, Franklin India Mutual Fund, Sundaram Mutual Fund, Nippon India Mutual Fund, HDFC Mutual Fund, Canara Robeco Mutual Fund, etc. have invested in Equitas Small Finance Bank, a banking company that is now trading at approximately 65 per share.

Holdings of Equitas Small Finance shares
According to Equitas Small Finance Bank’s most recent shareholding data, Ashish Dhawan owns 4,03,70,000 bank shares, or 3.64 percent of the listed bank’s total paid-up capital. Ace Investor’s name was absent from the Equitas Small Finance Bank’s shareholding pattern for the December 2022 quarter. This indicates that Ashish Dhawan has increased his ownership of this modest financing bank. It would be challenging to determine whether Ashish Dhawan acquired all of these shares between January and March 2023 or whether he already had certain bank shares during the third quarter of 2022.