ICICI Prudential Mutual Fund has dropped off Sai Silks (Kalamandir) Limited's disclosed shareholder list after previously holding 1.6 percent, indicating either a complete exit or a reduction to below the 1 percent reporting threshold.
A provider of ethnic apparel and value-fashion products operating through four distinct retail store formats: Kalamandir, VaraMahalakshmi Silks, Mandir, and KLM Fashion Mall. The company specializes in traditional and contemporary ethnic wear, serving customers across different price segments and demographics. Incorporated in 2005, it maintains a diversified retail portfolio catering to the Indian ethnic fashion market through its multi-format store strategy.
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.
