More competition isn't a threat, it will grow the market: Birla MF chief

In a Q&A, A Balasubramanian, MD & CEO of the fund house, talks about the pricing of its IPO and welcomes the entry of fintechs in the MF space

Aditya Birla Sun Life Asset Management Company will launch its initial public offering (IPO) next week. A Balasubramanian, MD & CEO of the fund house says its over two-decade old presence puts it in an advantageous position. In an interview with Chirag Madia, he says entry of fintech players in the MF space will help grow the market. Edited  excerpts:

How have you arrived at the IPO pricing? How does it compare to listed peers?

We have gone by the feedback we got during the road shows we conducted across the country and the globe. It also reflects our growth