India Shelter Finance Corporation Limited
Kotak Mutual Fund decreased its stake in India Shelter Finance Corporation Limited from 6.99% to 6.72%, selling 2,68,830 shares.
A housing finance company incorporated in 1998, India Shelter Finance Corporation Limited provides financial solutions for residential property purchases and construction across India. The company focuses on lending to underserved segments of the housing market, particularly targeting affordable and mid-income housing segments. Its distinctive approach combines accessible financing with deep understanding of regional housing demand patterns and customer needs in tier-two and tier-three cities.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.