Tata Mutual Fund Increases Shareholding in CarTrade Tech

Tata Mutual Fund has now surpassed the 5% ownership threshold in CarTrade Tech following an acquisition of shares via open market transactions. A recent regulatory filing revealed that Tata Asset Management Company, acting on behalf of its mutual fund schemes, obtained 90,522 equity shares of CarTrade on January 28, 2026. This move raised Tata’s total holdings to 23,99,962 shares, representing 5.0163% of the firm’s equity.

Prior to this acquisition, Tata Mutual Fund owned 23,09,440 shares, which corresponded to 4.8271% of the company. The share purchase was executed through several schemes, including Tata Balanced Advantage Fund, Tata Digital India Fund, Tata India Consumer Fund, Tata Small Cap Fund, and Tata Value Fund, all via secondary market transactions.

This strategic acquisition comes in the wake of CarTrade’s latest quarterly earnings report, which indicated a revenue increase to Rs 210 crore for Q3 FY26, up from Rs 176 crore in Q3 FY25. CarTrade also reported a rise in its net profit to Rs 61.5 crore during the same period.