Tata Mutual Fund increases stake in CarTrade to 5%

Tata Mutual Fund has crossed the 5% shareholding mark in CarTrade Tech after picking up shares through open market purchases.

According to a regulatory disclosure, Tata Asset Management Company, on behalf of its mutual fund schemes, acquired 90,522 equity shares of CarTrade on January 28, 2026. After this, Tata’s combined holding increased to 23,99,962 shares, or 5.0163% of the company’s equity.

Before the transaction, Tata Mutual Fund held 23,09,440 shares which equates to 4.8271% of the company

The acquisition was carried out by multiple schemes including Tata Balanced Advantage Fund, Tata Digital India Fund, Tata India Consumer Fund, Tata Small Cap Fund and Tata Value Fund through secondary market purchases.

This development follows CarTrade's quarterly result in which the company’s revenue grew to Rs 210 crore in Q3 FY26 in contrast to Rs 176 crore in Q3 FY25. CarTrade also increased its net profit to Rs 61.5 crore in Q3 FY26.