MAS Financial Services Limited
Bandhan Mutual Fund decreased its stake in MAS Financial Services Limited from 3.94% to 3.83%, selling 202,137 shares. The value of the sold shares was ₹6.35 crore at ₹313.80 apiece.
A non-deposit taking NBFC registered with the RBI, MAS Financial Services provides retail financing solutions across multiple customer segments in India. The company specializes in offering loans to MSMEs, home buyers, two-wheeler purchasers, and commercial vehicle operators. MAS Financial Services addresses credit needs in underserved markets through customized lending products designed for diverse borrower profiles and use cases.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.