American Funds increased its stake in Capri Global Capital from 1.71% to 2.75%, acquiring 1 crore shares during the quarter. Prior disclosures in the quarter accounted for 48.67 lakh shares of this quarterly change.
A diversified non-banking financial company providing lending solutions across multiple segments including micro and small enterprises, affordable housing, construction finance, and car loans. The company expanded into gold loans in 2022 and owns UP Warriorz, a professional women's cricket franchise competing in the Women's Premier League. The company serves customers across India with a focus on underserved borrower segments.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
