HDFC Mutual Fund increased its stake in Repco Home Finance from 1.55% to 1.74%, acquiring 119,898 shares. The value of the additional shares is ₹4.63 crore at a share price of ₹385.95.
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.
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.