The month-end assets under management of the fund rose to Rs 24,669 crore in May 2021 from Rs 15,654 crore in June 2018.
Sebi has put initial offer in abeyance due to pending inquiry against group firm
The asset management company had filed preliminary papers with Sebi in April to raise funds through through an initial public offer
Rs 1,00,000 invested on April 15, 2003 (inception of the fund) would have grown to Rs 3,81,800 at (7.66% CAGR) on June 02, 2021 compared with Rs 3,41,750 (7.01% CAGR) for the peer group
Defensive sectors like information technology (IT) and consumer may lag, says CIO Patil
The board of Aditya Birla Capital on April 14 had approved the IPO of Aditya Birla Sun Life AMC
The funds are focused on the Nitfy midcap and smallcap indices
Aditya Birla Capital on Wednesday said its board has given in-principle approval to explore an initial public offering (IPO) of its arm Aditya Birla Sun Life AMC
After the Budget, our call on cyclical recovery in the economy and a broader recovery in the market is further reinforced
A weak dollar and strong commodity prices augur well for emerging markets (EMs)
With the Covid-19 pandemic having upended traditional ways of functioning, insurers are going the extra mile to adopt paperless processes, writes Subrata Panda
Reports suggest that Aditya Birla Sun Life MF has increased its stake in the company from 4.86 per cent to 6.14 per cent
A combination of term plan, MFs may be volatile but is likely to get higher returns
Apart from fresh subscriptions, switch-in applications, fresh registration of systematic plans have also been stopped in the schemes till further notice
According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent in 2019-20
Decision against hiring private fund managers
The markets are in a downward spiral since the presentation of the Budget in July, with foreign portfolio investors (FPIs) on a selling spree. Mahesh Patil tells Puneet Wadhwa
Aditya Birla Sunlife CEO A Balasubramanian believes earnings will stay better for exports and consumption-led companies