Kotak Mahindra Bank Limited
ICICI Prudential Mutual Fund raised its stake in Kotak Mahindra Bank Limited from 2.96% to 3.29%, purchasing 3,31,07,146 shares.
A diversified financial services group providing comprehensive banking and financial solutions to retail, corporate, and institutional clients. Its core offerings include retail banking, corporate and treasury banking, investment banking, stock broking, vehicle finance, asset management, life insurance, and general insurance. The company delivers advisory services across its operations and maintains a broad presence in India's financial services sector.
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.