US-based fund with Nvidia as top holding buys 27.4 lakh shares of this multibagger stock on August 14

In the final trading session of the previous week, the Nifty traded within a narrow range of just 77 points, yet managed to close in the green. Despite the tight index movement, stock-specific action remained strong on Dalal Street.

One such counter was Authum Investment & Infrastructure Ltd, a stock that has delivered a stellar return of 108 per cent over the past year and witnessed a bulk deal on Thursday, August 14, 2025. US-based Fidelity Securities Fund – Fidelity Blue Chip Growth Fund purchased 27,41,834 shares of Authum Investment & Infrastructure at an average price of Rs 2,500 per share, with promoter Mentor Capital Limited offloading an equivalent stake.

This is not the fund’s first investment in the stock — in July, it had acquired 22,67,200 shares at an average price of Rs 2,250 per share.

Fidelity Securities Fund – Fidelity Blue Chip Growth Fund, which is registered as an FPI in India, holds global technology leaders such as Nvidia Corp, Amazon, Microsoft and Apple among its top holdings. Interestingly, Nvidia Corp is currently the largest holding in its portfolio, as per the latest available fact sheet.

Disclaimer: The article is for informational purposes only and not investment advice.