HDFC Mutual Fund increased its stake in Cholamandalam Investment and Finance Company Limited from 1.19% to 1.22%, acquiring 287,139 shares. The current market price of Cholamandalam Investment and Finance Company Limited is ₹1884.70.
A diversified non-banking financial company, Cholamandalam Investment & Finance provides vehicle finance, home loans, and loans against property to retail customers across India. The company operates as one of India's premier NBFCs with a strong focus on asset-backed lending. Its distinctive approach combines extensive distribution networks with customized financial solutions tailored to meet diverse customer needs in the retail lending segment.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
