ICICI Prudential Mutual Fund decreased its stake in Aptus Value Housing Finance India Limited from 1.86% to 1.24%, selling 31,19,257 shares.
A housing finance company that provides home loans to self-employed individuals and low to middle-income families across semi-urban and rural areas of India. Aptus Value Housing Finance specializes in lending to first-time home buyers, with loans secured against self-occupied residential properties. The company addresses housing finance gaps in underserved markets where conventional lenders have limited presence, targeting borrowers seeking affordable homeownership solutions.
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.
