Axis Mutual Fund trimmed its stake in Can Fin Homes from 3.20% to 2.50%, selling 9,31,769 shares.
A deposit-taking housing finance company registered with the National Housing Bank, Can Fin Homes specializes in providing smaller ticket-sized housing loans to salaried professionals, self-employed individuals, and non-professional borrowers across India. Canara Bank holds a significant majority stake in the company. The firm operates as a dedicated lender focused on affordable housing finance, serving underserved segments of the Indian housing market with customized loan products.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.
