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Reliance MF buys GIC Housing Finance shares

| Updated on January 22, 2018 Published on December 15, 2015

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GIC Housing Finance will remain in focus as Reliance Mutual Fund has bought the NBFC company shares under its two schemes - Reliance Mid & Small Cap Fund and Reliance Tax Saver (ELSS). It bought 2.8 lakh shares and 5 lakh shares respectively. According to bulk deals data on the exchanges, these shares were bought at ₹199 a share. Reliance MF already owns 16.41 lakh shares (3.05 per cent stake) in GIC Housing Finance.

Published on December 15, 2015
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