Page 4 - Aditya Birla Sun Life Amc

Nippon MF, Birla Sun Life receive approval to start PMS at GIFT City

With this, AMCs will be able to offer global funds, NRIs and others investing into India investment management and advisory services

Aditya Birla Sun Life's new fund collects over Rs 2,200 crore

Aditya Birla Sun Life Mutual Fund has collected over Rs 2,200 crore from over 1.18 lakh applications for its business cycle fund, which is an open-ended equity scheme following business cycle-based investing theme. The fund was open from November 15-29, and was later reopened for subscription and has so far collected over Rs 2,200 crore, the fund house said without disclosing the current asset under management (AUM) of the fund. A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC, said the fund has attracted over 1,17,800 applications, covering more than 10,500 pin codes across T30 (top 30 cities), B30 (beyond the top 30) and emerging markets. With collection of over Rs 2,200 crore, it is one of the largest funds within this category of thematic schemes. Economic cycles are divided into four phases -- expansion, peak, contraction and slump, which all impact the markets. This fund factors in both the macroeconomic phases, as well as the industry-specific developments in its ..

ABSL AMC's Bhupesh Bameta beats benchmark with a highly liquid portfolio

Bameta is a fund manager and an economist with Aditya Birla Sun Life Asset Management Company (AMC) and manages the Aditya Birla Sun Life Income Fund

HDFC AMC, Aditya Birla Sun Life AMC hit 52-week lows in a firm market

Shares of Aditya Birla Sun Life AMC hit a low of Rs 569, its lowest level since listing on October 11, 2021

Aditya Birla Sun Life AMC second quarter profit up 38% to Rs 173 cr

The company had posted a profit after tax of Rs 125.4 crore in the year-ago period

Aditya Birla Sun Life AMC standalone net profit rises 35.85% in the September 2021 quarter

Sales rose 29.54% to Rs 324.39 crore in the quarter ended September 2021

Market boom delivers a huge boost to returns of special situation funds

Boost in special situation funds: The strategy adopted by these funds isn't strictly contrarian; the fund manager will also look for triggers or opportunities that could make certain stocks attractive

Sensex slips 340 pts from new high, ends 77 pts up; TCS drops 6%, RIL 0.6%

The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels

Aditya Birla Sun Life AMC makes muted market debut on D-Street

Shares of Aditya Birla Sun Life AMC Ltd made a muted market debut on Monday, listing at par with its issue price of Rs 712.

Aditya Birla Sun Life makes quiet debut, lists at par against issue price

The stock started trading at Rs 715, a 0.42 per cent premium to its issue price of Rs 712 per share on the NSE.

Aditya Birla Sun Life AMC IPO subscribed 5.2x, mops up Rs 10,374 cr

Institutional investor portion subscribed 10.4 times, HNI 4.4 times and retail portion was subscribed 3.22 times

Aditya Birla AMC IPO fully subscribed on strong retail interest

The retail portion has already been subscribed 2x, HNI by 40%, and institutional investor portion by 6%

Aditya Birla Sun Life AMC IPO subscribed 56% on Day-1

A day earlier, the asset manager had allotted shares worth Rs 789 crore to anchor investors at Rs 712 apiece

Aditya Birla Sun Life AMC allots shares worth Rs 789 cr to anchor investors

Aditya Birla AMC is looking at valuations of Rs 20,500 cr in its IPO-the fourth by a domestic mutual fund house

Should you subscribe to AB Sun Life AMC IPO? Here's what analysts say

Analysts recommend subscribing to the issue given the company's reasonable valuations, strong return on equity, diverse product portfolio and well recognised promoter group.

Aditya Birla AMC eyes Rs 20,500 cr valuation in Rs 2,768 cr IPO

The IPO will entirely be a secondary share sale by promoters Aditya Birla Capital and Sun Life AMC; price band Rs 695-712 per share

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 AMC to launch Rs 3,000-cr IPO next week

In August, Sebi had cleared the asset manager's IPO document, which was filed with the regulator in April.

Aditya Birla Sun Life AMC receives Sebi's final approval for IPO

Sources say that the IPO size could be around Rs 2,000 crore

Mfg, digitisation, realty to drive returns next 3-5 years: Aditya Birla AMC

The asset manager says spotting the trend during various market cycles is the key for identifying opportunities