ICICI Prudential Mutual Fund newly disclosed a 2.22% stake in MAS Financial Services Limited. The fund holds 40,19,196 shares worth about ₹107.19 Cr.
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.
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.
