Aditya Birla Sun Life AMC Ltd

(ABSLAMC)

Aditya Birla Sun Life AMC Stock Surges on Fund Launch Plans - 16 Oct, 2024

Aditya Birla Sun Life AMC's stock experienced significant gains throughout the day, driven by plans to launch new private credit funds and attract offshore capital. The stock surged over 12% with increased trading volumes, reflecting strong investor interest.

Aditya Birla AMC Expands Private Credit Fund Offerings - 15 Oct, 2024

Aditya Birla Sun Life AMC plans to raise USD 300 million through the India Yield Advantage Fund and ₹2,500 crore via ABSL Structured Opportunities Fund Series 2, targeting high returns in the private credit space.

Aditya Birla Sun Life AMC Highlights Promising Sectors - 10 Oct, 2024

Harish Krishnan from Aditya Birla Sun Life AMC identifies metals, consumer durables, and cement sectors as potential dark horses, offering greater margin of safety due to their long-term underperformance and low relative ownership.

Aditya Birla Sun Life Launches New Target Maturity Fund - 01 Oct, 2024

Aditya Birla Sun Life AMC has launched a Target Maturity Fund focusing on India's top NBFCs and HFCs. The fund offers a structured investment approach with 100% AAA-rated corporate bonds, aiming for moderate interest rate risk and low credit risk. The New Fund Offer is open from September 30 to October 7, 2024.

Aditya Birla Sun Life AMC Eyes Derivatives Market - 30 Sep, 2024

A. Balasubramanian, MD and CEO of Aditya Birla Sun Life AMC, stated that mutual funds will soon operate in the derivatives market like hedge funds, potentially increasing institutional participation in futures and options trading.

Aditya Birla Sun Life AMC Shows Strong Growth Indicators - 28 Sep, 2024

As of June 2024, Aditya Birla Sun Life AMC managed ₹3.68 lakh crore, with a robust 27% return on equity. Net profits grew 14% annually, and mutual fund SIP flows surged 39% year-on-year, indicating strong market performance.

HDFC and ABSL Seek Approval for New FoFs - 26 Sep, 2024

HDFC and Aditya Birla Sun Life AMC have applied for regulatory approval to launch Fund of Funds (FoFs) that aim to provide debt fund-like returns with improved tax efficiency.

FII Inflows Expected to Boost Valued Banks - 24 Sep, 2024

Following the recent Fed rate cut, foreign institutional investors are anticipated to increase capital inflows into India, particularly benefiting favorably valued banks, as noted by Mahesh Patil from Aditya Birla Sun Life AMC.