Bandhan Mutual Fund increased its stake in Repco Home Finance from 9.03% to 9.08%, acquiring 32,073 shares for ₹1.27 Cr at ₹396.20 apiece through an open market transaction.
A housing finance company registered in India, Repco Home Finance provides specialized financial solutions for residential property purchases, home improvements, and related financing needs. Operating as a subsidiary of Repco Bank, it serves borrowers across the country seeking home loans with customized lending products. The company combines deep expertise in housing finance with the institutional strength and backing of its parent cooperative banking organization.
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.
