PNB Housing Finance Limited
ICICI Prudential Mutual Fund increased its stake in PNB Housing Finance from 2.85% to 3.19%, purchasing 8,97,543 shares. The fund now holds 83,16,270 shares of the housing finance company.
A housing finance company that provides retail customers with home loans, loans against property, and non-resident property financing solutions across India. Promoted by Punjab National Bank, PNB Housing Finance operates in the residential lending market, offering tailored credit products for individual borrowers. The company specializes in affordable housing finance and serves diverse customer segments seeking property-related financing solutions and advisory services.
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.