Aditya Birla Sun Life AMC Ltd Share Price (ABSLAMC)

Aditya Birla Sun Life AMC Trades Below IPO Price - 27 Sep, 2023

Aditya Birla Sun Life AMC's stock is trading significantly below its IPO price, while an estimate suggests a positive EBITDA growth rate.

Aditya Birla Sun Life AMC sees huge scope for MF penetration - 11 Sep, 2023

Aditya Birla Sun Life AMC's CEO, Balasubramanian, believes there is a significant opportunity to increase mutual fund (MF) penetration in India as only 10% of PAN holders invest in MFs.

Multiple Asset Management Companies Offer Nifty 50 Equal Weight Index Tracking Schemes - 29 Aug, 2023

Aditya Birla Sun Life, DSP, ICICI Prudential and UTI are among the asset management companies offering schemes that track the Nifty 50 Equal Weight Index.

Aditya Birla Sun Life AMC's Equity Savings Fund Diversifies Investments - 25 Aug, 2023

The diversification strategy of mutual funds is discussed, with Aditya Birla Sun Life AMC Ltd's Equity Savings Fund being used as an example. The fund invests in a number of securities and allocates to each stock. Thematic mutual funds align with predefined themes, while sectoral funds invest in one particular industrial sector.

Aditya Birla Sun Life AMC Reports Rise in Profit - 11 Aug, 2023

Aditya Birla Sun Life AMC's profit rose 79% to Rs 185 crore, driven by a surge in other income. ICICI Securities has upgraded the brokerage due to improved earnings growth prospects.

SBI Mutual Fund Listing Would Have Made It Fifth Listed Fund Manager - 04 Aug, 2023

Had SBI Funds Management gone through with its listing, it would have become the fifth listed fund manager in India, following HDFC Asset Management Company, UTI Asset Management Company, Nippon Life India AMC, and Aditya Birla Sun Life AMC.

Aditya Birla Sun Life AMC Upgraded on Improved Earnings Growth Prospects - 02 Aug, 2023

Aditya Birla Sun Life AMC Ltd has been upgraded due to better fund performance, strong retail franchise and favorable TER regulation. The revised target price is Rs 432 based on FY25E core earnings per share of Rs 22 and cash per share of Rs 102.

Aditya Birla Sun Life AMC to Trade Ex-Dividend - 31 Jul, 2023

Aditya Birla Sun Life AMC Ltd. is set to trade ex-dividend in the next three days, with a dividend payment of ₹5.25 per share. The company's trailing yield on the current share price of ₹408.1 is 2.5%, and its payout ratio is modest at just 49% of profit. However, its dividend payments per share have declined by an average of 4.3% over the past two years.

Aditya Birla Sun Life AMC Shares Fall Amid Industry Concerns - 27 Jul, 2023

Shares of Aditya Birla Sun Life AMC and other Indian asset management companies fell amid concerns over potential disruptions from Jio Financial Services' entry into the market through a joint venture with BlackRock.

Aditya Birla Sun Life AMC Stock Crosses 200-Day SMA - 25 Jul, 2023

Aditya Birla Sun Life AMC Ltd's stock crossed the 200-day Simple Moving Average (SMA) at Rs 396.33 and closed at Rs 400.7 on July 24.

Aditya Birla Sunlife AMC Money Market Fund Records Highest Average Return - 19 Jul, 2023

The one-year average return of Aditya Birla Sunlife AMC money market fund was 6.9%, the highest among 22 money market schemes from various AMCs.

Aditya Birla Sun Life AMC Sees Positive Indicators for Investment in India - 14 Jul, 2023

Aditya Birla Sun Life AMC Ltd sees positive indicators for investment in India as the country's macro and micro level indicators show consistent improvement. The company's CEO and CIO advise investors to consider equity and multi-asset allocation.

Aditya Birla Sun Life AMC Stock Surges After SEBI Defers Decision on Expense Ratio Regulations - 30 Jun, 2023

Aditya Birla Sun Life AMC Ltd's stock surged as much as 7% after SEBI deferred its decision on new mutual fund expense ratio regulations, which augurs well for the company.