UTI Mutual Fund has bought nearly 15 lakh shares of commodity derivatives bourse MCX for Rs 425 crore through an open market transaction, according to bulk deal data on the NSE.UTI Mutual Fund (MF) purchased 14,65,941 shares representing a 0.57 per cent stake in Multi Commodity Exchange (MCX). The transaction was executed on Monday at an average price of Rs 2,899.23 apiece, taking its value to Rs 425.01 crore. Details of the sellers of MCX's shares could not be ascertained on the National Stock Exchange (NSE). Shares of MCX fell nearly 2 per cent to trade at Rs 2,868.90 apiece on the NSE. Last month, MCX reported that its March quarter FY26 profit was almost four times higher at Rs 530 crore as compared to the year-ago period. Further, the company reported tripling its revenue to Rs 889 crore in Q4 FY26 from Rs 291 crore a year earlier. MCX, which commenced operations in 2003, commands more than 98 per cent market share in terms of the value of commodity futures contracts traded during FY26. UTI Asset Management Company is among India's largest asset managers, with group assets under Management (AUM) of Rs 23.42 lakh crore. It manages UTI Mutual Fund which had a quarterly average AUM of Rs 3.88 lakh crore.
UTI Mutual Fund buys nearly 15 lakh shares of MCX for Rs 425 crore
UTI Mutual Fund has significantly boosted its stake in MCX, acquiring nearly 15 lakh shares for a substantial Rs 425 crore via an open market deal. This move comes as MCX reported a remarkable surge in its March quarter profits, nearly quadrupling to Rs 530 crore and tripling revenue. The commodity exchange, a dominant player with over 98% market share, saw its shares dip slightly following the transaction.






