HDFC MF Boosts Stakes in Medi Assist, Powergrid InvIT; CPP Board Exits Powergrid

• HDFC Mutual Fund acquired an additional 0.51% stake in Medi Assist Healthcare for Rs 16.5 crore, despite a 6.87% share drop.
• HDFC MF also increased its holding in Powergrid InvIT by 0.85% for Rs 66.41 crore.
• ICICI Prudential Mutual Fund bought a 4.22% stake in Powergrid InvIT for Rs 328.45 crore.
• CPP Investment Board fully exited Powergrid InvIT, selling its entire 10.09% stake for Rs 786 crore.
• Powergrid InvIT shares fell 3.85% following the significant institutional activity.

Why It Matters: Major institutional shifts: HDFC MF increases holdings, while CPP Investment Board exits Powergrid InvIT.