Canara HSBC Life Insurance Company Limited
ICICI Prudential Mutual Fund raised its stake in Canara HSBC Life Insurance Company Limited from 3.30% to 3.48%, buying 1,72,3,895 shares.
A life insurance company headquartered in Gurugram, Canara HSBC offers a comprehensive range of insurance products and investment-linked solutions to customers across India. The company operates as a joint venture between Canara Bank and HSBC Insurance, combining domestic banking expertise with international insurance capabilities and experience. It serves individual and corporate clients through multiple distribution channels nationwide.
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.