Angel One Limited
ICICI Prudential Mutual Fund raised its stake in Angel One Limited from 1.70% to 2.87%, buying 1,07,70,175 shares.
A diversified financial services company engaged in stock, commodity, and currency broking for both retail and institutional clients. Angel One provides margin trading facilities, depository services, mutual fund distribution, non-banking finance lending, and acts as a corporate insurance agent. The firm offers a comprehensive range of investment and financial solutions designed to serve diverse client segments across India's capital markets.
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.