SBI Mutual Fund Expands Whirlpool Holdings Past 9.6% in Strategic Market Move

In a notable capital market transaction, SBI Mutual Fund increased its stake in Whirlpool of India to 9.67% after acquiring over 10.4 million shares through open-market purchases. The acquisition surpasses regulatory disclosure limits, underscoring growing institutional confidence in consumer durables amid steady urban demand. Analysts view the investment as part of SBI MF’s portfolio diversification toward stable cash-generating businesses. The move may further strengthen Whirlpool’s market visibility while reflecting asset managers’ preference for defensive consumer plays in a mixed economic environment.