ICICI Prudential Mutual Fund has acquired additional 1,11,71,120 (2.03%) equity shares in LIC Housing Finance through various scheme. With this, ICICI Prudential Mutual Fund’s shareholding in the company increased to 3,89,10,526 (7.07%) from 2,77,39,406 (5.04%) earlier.
LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.
