Shares of housing finance companies gained 1-4 percent intraday Thursday after SEBI raised mutual funds' investment exposure limits in the housing finance companies.Debt mutual funds can now invest up to 15 percent of their total net assets in housing finance companies with Securities and Exchange Board of India (SEBI)easing the regulations in this regard.The norms have been relaxed as part of efforts to channelise more funds towards affordable housing activities.Debt mutual funds were allowed to have an exposure of only up to 10 percent to housing finance companies. This has been increased to 15 percent with the immediate effect subject to certain conditions.According to the regulator, the guidelines for sectoral exposure in debt oriented mutual fund schemes put a limit of 25 percent at the sector level and an additional exposure not exceeding 10 percent (over and above the limit of 25 percent) in financial services sector only to HFCs (Housing Finance Companies).Earlier, debt mutual funds were allowed to invest an additional 5 percent in housing finance companies, which was doubled in August last year.
| Company Name | Price | % Chg | 52 wk | 52 wk | Market Cap |
| High | Low | (Rs. cr) | |||
| HDFC | 1,396.20 | 0.10 | 1,463.25 | 1,012 | 2,21,310.12 |
| Indiabulls Hsg | 875.5 | 0.52 | 895 | 551 | 37,101.85 |
| LIC Housing Fin | 566.1 | 1.17 | 624 | 389 | 28,568.97 |
| PNB Housing Fin | 1,114.00 | 1.45 | 1,138 | 775 | 18,452.55 |
| GRUH Finance | 374.5 | 1.72 | 390.05 | 237.5 | 13,629.21 |
| Dewan Housing | 326.8 | 2.98 | 337 | 148 | 10,232.95 |
| Can Fin Homes | 2,019 | 0.24 | 2,079 | 966 | 5,376.85 |
| Repco Home | 695 | 2.09 | 891.3 | 499.5 | 4,348.01 |
| GIC Housing Fin | 323.6 | 2.44 | 354 | 188 | 1,742.62 |
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