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LIC cuts 2% stake in Axis Bank
(09:31, 25 Jun 2019)

State-owned LIC has sold over 5.25 crore shares, representing about 2% stake, of Axis Bank through open market transaction.

With the sale of these shares, stake of LIC (Life Insurance Corporation of India) in the private sector bank has now come down to 10.2% from 12.21% earlier, as per the BSE filing by Axis Bank.

LIC sold 5,25,06,202 shares through open market, the filing said without disclosing the sale value. The total sale value could not be ascertained as the insurer sold the shares over a period of time.
As on  23-Aug-2019
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Regular (D)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.57] ,    Essel Arbitrage Fund - Regular (Div-M)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :12.03] ,    Essel Arbitrage Fund - Regular (G)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.55] ,    Essel Equity Hybrid Fund - Direct (D)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.24] ,    Essel Equity Hybrid Fund - Direct (Div-A)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.24] ,    Essel Equity Hybrid Fund - Direct (Div-H)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.24] ,    Essel Equity Hybrid Fund - Direct (Div-M)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.24] ,    Essel Equity Hybrid Fund - Direct (Div-Q)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.24] ,    Essel Equity Hybrid Fund - Direct (G)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.25] ,    Essel Equity Hybrid Fund - Regular (D)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.03] ,    Essel Equity Hybrid Fund - Regular (Div-A)  [ NAV DATE :23 - 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Regular (D)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :9.91] ,    Essel Multi Cap Fund - Regular (Div-A)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :9.91] ,    Essel Multi Cap Fund - Regular (Div-H)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :9.91] ,    Essel Multi Cap Fund - Regular (Div-M)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :9.91] ,    Essel Multi Cap Fund - Regular (Div-Q)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :9.91] ,    Essel Multi Cap Fund - Regular (G)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :9.91] ,    Essel Regular Savings Fund (Div-M)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.10] ,    Essel Regular Savings Fund (Div-Q)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :11.72] ,    Essel Regular Savings Fund (G)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :19.06] ,    Essel Regular Savings Fund - Direct (Div-M)  [ NAV DATE :23 - August - 2019]    [NAV PRICE :10.89] ,    Essel Regular Savings Fund - Direct (Div-Q)  [ NAV DATE :23 - 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