ICICI Prudential Mutual Fund raised its stake in Hindustan Unilever from 1.78% to 1.99%, purchasing 49,15,568 shares to take its total holding to 4,67,30,781 shares.
A leading fast-moving consumer goods company in India, Hindustan Unilever operates across home care, beauty and personal care, and foods and refreshment segments. The company manufactures products through facilities strategically located across the country and distributes primarily within India. Its extensive portfolio spans household essentials, personal care products, and food brands serving diverse customer needs across urban and rural markets.
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.
