Bandhan Mutual Fund raised its stake in Finbud Financial from 2.45% to 3.10%. The fund increased its holding from 4,67,000 to 5,90,000 shares.
A loan aggregation platform that connects individuals with banks and non-banking financial companies for personal, business, and home loans across India. Finbud Financial simplifies the borrowing process by enabling customers to access multiple lending options through a single digital interface rather than approaching lenders individually. The company operates as a financial technology intermediary, reducing time and effort required in loan sourcing, comparison, and application processes.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
