Bandhan Sterling Value Fund

As of Mar 2025, Bandhan Sterling Value Fund — an institution tracked through public shareholding filings — disclosed 9 holdings in Indian listed companies worth ₹2,150 crore. The same holdings-at-filing-value basis put it at ₹2,675 crore in Dec 2024 (−19.6%). Solomo carries these filings back to Jun 2023.

Largest disclosed positions in Mar 2025: IndusInd Bank Ltd (INDUSINDBK — 1.32% of the company, ₹670 crore); KEC International Ltd (KEC — 1.58% of the company, ₹290 crore); Poonawalla Fincorp Ltd (POONAWALLA — 1.02% of the company, ₹280 crore); Avanti Feeds Ltd (AVANTIFEED — 2.57% of the company, ₹252 crore); MAS Financial Services Ltd (MASFIN — 3.90% of the company, ₹180 crore). Those 5 account for 78% of the disclosed value.

Changes in the Mar 2025 filings: Stake raised in Greenpanel Industries Ltd (+0.25 pp), VRL Logistics Ltd (+0.14 pp), Updater Services Ltd (+0.13 pp). Stake reduced in Avanti Feeds Ltd (−0.44 pp), Sterling & Wilson Renewable Energy Ltd (−0.38 pp), KEC International Ltd (−0.06 pp). No longer disclosed after the previous quarter: Quess Corp Ltd — which can mean a sale, a stake falling below the 1% disclosure line, or that name not filing this quarter.