ICICI Prudential Mutual Fund newly disclosed a 1.15% stake in Prudent Corporate Advisory Services Limited, holding 4,75,176 shares.
A financial products distributor providing comprehensive retail wealth management services across multiple asset classes and investment vehicles. Prudent Corp offers mutual funds, life and general insurance solutions, stock broking services, SIP with insurance products, and gold accumulation plans to individual investors. The company combines personalized advisory services with digital trading platforms to deliver integrated investment and insurance solutions to its clientele.
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.
