Tata Mutual Fund has crossed the 5% shareholding threshold in CarTrade Tech after acquiring additional shares through open market transactions.
According to a regulatory disclosure, Tata Asset Management Company, acting on behalf of its mutual fund schemes, purchased 90,522 equity shares of CarTrade on January 28, 2026.
Holding crosses regulatory threshold
Following the transaction, Tata Mutual Fund’s aggregate holding in CarTrade rose to 23,99,962 shares, representing 5.0163% of the company’s total equity.
Prior to the acquisition, Tata Mutual Fund held 23,09,440 shares, equivalent to 4.8271% stake in the online auto classifieds platform.
Multiple schemes participate in open market buy
The stake increase was carried out via secondary market purchases across multiple schemes, including:
- Tata Balanced Advantage Fund
- Tata Digital India Fund
- Tata India Consumer Fund
- Tata Small Cap Fund
- Tata Value Fund
The move signals increased institutional conviction in CarTrade’s business outlook and profitability trajectory.
Comes after strong Q3 performance
The stake hike follows CarTrade’s strong Q3 FY26 performance, where the company reported:
- Revenue of Rs 210 crore, up from Rs 176 crore in Q3 FY25
- Net profit of Rs 61.5 crore, reflecting continued margin expansion
CarTrade has benefited from sustained demand across auto classifieds, dealer solutions, and digital auction platforms.
Institutional confidence builds
Crossing the 5% mark places Tata Mutual Fund among the notable institutional shareholders in CarTrade Tech, at a time when the company has been delivering consistent profitability and improving operating leverage.
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