ICICI Prudential Mutual Fund increased its stake in Repco Home Finance Limited from 7.37% to 7.98%, purchasing 3,81,173 shares.
A housing finance company registered in India, Repco Home Finance provides specialized financial solutions for residential property purchases, home improvements, and related financing needs. Operating as a subsidiary of Repco Bank, it serves borrowers across the country seeking home loans with customized lending products. The company combines deep expertise in housing finance with the institutional strength and backing of its parent cooperative banking organization.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.