Kotak Mutual Fund increased its stake in Aptus Value Housing Finance India Limited from 4.39% to 4.83%, raising its shareholding from 21,969,653 to 24,176,597 shares. The additional 2,206,944 shares are valued at ₹56.12 Cr based on the current share price of ₹254.35.
A housing finance company that provides home loans to self-employed individuals and low to middle-income families across semi-urban and rural areas of India. Aptus Value Housing Finance specializes in lending to first-time home buyers, with loans secured against self-occupied residential properties. The company addresses housing finance gaps in underserved markets where conventional lenders have limited presence, targeting borrowers seeking affordable homeownership solutions.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.
