SBI Mutual Fund Raises United Breweries Stake Above 5%

SBI Mutual Fund has increased its holding in United Breweries to more than 5% after purchasing an additional 60,683 shares on February 1, 2026.

With this acquisition, SBI Mutual Fund now holds 1,32,45,816 shares, which equals about 5.01% of the company’s total paid-up share capital. The update was disclosed as per stock exchange regulations for large shareholding changes.

Regulatory Filing Confirms Higher Holding

United Breweries confirmed the revised shareholding in a stock exchange filing, stating that SBI Mutual Fund’s total holding across all its schemes stood at 5.0097% as of February 1, 2026.

Kingfisher Smooth Launch Boosts Brand Expansion

United Breweries has recently drawn attention after launching Kingfisher Smooth in Karnataka. The state is one of India’s largest beer markets and offers strong demand due to high urban consumption, especially in cities like Bengaluru.

The company said the launch follows positive consumer feedback from Rajasthan and aims to strengthen Kingfisher’s presence in the mainstream strong beer category.

Product Designed for Younger Consumers

Kingfisher Smooth is targeted at younger consumers of legal drinking age who prefer a lighter and smoother beer. The brew uses imported hops, contains no added sugar, and is designed to deliver a clean, easy-drinking experience.

While Kingfisher Strong remains the flagship offering, the new variant expands the brand’s portfolio and reflects the company’s focus on innovation and changing consumer preferences.

Read More: Equity and Mutual Fund Share in Household Savings Rises to 15% as SIP Contributions Grow Sevenfold!

United Breweries Share Price Movement

United Breweries shares traded within a range of ₹1,467.60 to ₹1,508.55 during the day.

Conclusion

SBI Mutual Fund’s increased stake signals confidence in United Breweries’ long-term prospects, while new product launches like Kingfisher Smooth may help drive growth in key markets going forward.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.