![SBI Mutual fund purchased 2% stake on HDFC SBI Mutual fund purchased 2% stake on HDFC](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvmp4NVFPWTKMrcImi55ir6Ru2siH0ttsokFLRFIXRq3amlL5mI4SFujZZTukSxvAE3TMB0l6kTt8PXhpxiaPAKxanG-muiMVMSL6ZPI2KMg-pwUXvumxxB6eehj45sldR8i34-ZP__MxQkojLNrPbjr4UGUPCbiHQQXmS7XyUZUtXHw-YyzPBZNwY/w320-h180-rw/sbi__w1200__.jpg)
- Shares of HDFC surged by 5% after the purchase by SBI.
- SBI MF bought 4.73 million shares worth 2.2% in AMC that amounted to Rs.757.4 crores. SBI MF purchased it by Rs.1600 per share.
- GQG partners emerging Markets Equity Fund sold them by 2.48n million shares in HDFC.
- Nifty 50 Index showed a 0.43% rise in HDFC AMC.
- HDFC AMC has assets worth of Rs.4.48 trillion, which a leading AMC in India.
Question:
Q.1 SBI mutual fund purchased additional _____ stake on HDFC AMC.
a. 2.2%
b. 2.4%
c. 3.0%
d. 1.1%
a. 2.2%
b. 2.4%
c. 3.0%
d. 1.1%