ICICI Prudential Mutual Fund decreased its stake in Medi Assist Healthcare Services by selling 86,743 shares, reducing its total holdings from 5,563,019 shares (7.46%) to 5,476,276 shares (7.33%). The shares were sold for approximately ₹3.10 crore at a price of ₹357.05 apiece.
A health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes across India. Medi Assist Healthcare Services primarily serves insurance companies by administering comprehensive health benefit programs, claims processing, and related services. Incorporated in June 2000, the company specializes in bridging healthcare providers and insurers through technology-driven solutions and operational expertise in the health benefits management 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.
