Aditya Birla Sun Life Asset Management Company Limited
| File:ABSL Logo Square.png | |
| Public | |
| Traded as | |
| ISIN | 🆔INE404A01024 |
| Industry | Asset management |
| Founded 📆 | 1994 |
| Founder 👔 | |
| Headquarters 🏙️ | , , India |
Area served 🗺️ | |
Key people | A. Balasubramanian (CEO) |
| Services | |
| Revenue🤑 |  ₹1,641 crore (US$230 million)[2] (2024) |
| ₹1,008 crore (US$140 million)[2] (2024) | |
| ₹780 crore (US$110 million)[2] (2024) | |
| Total assets | ₹3,502 crore (US$490 million)[2] (2024) |
| Total equity | ₹3,169 crore (US$440 million)[2] (2024) |
| Owners | Aditya Birla Capital (45%) Sun Life Financial (30%)[3] |
| Members | |
Number of employees | |
| 🌐 Website | mutualfund |
| 📇 Address | |
| 📞 telephone | |
Aditya Birla Sun Life Asset Management Company Ltd. (ABSLAMC), formerly known as Birla Sun Life Asset Management Company Limited, is an investment managing company registered under the Securities and Exchange Board of India. It is a joint venture between Aditya Birla Capital of India and Sun Life Financial Inc. of Canada. The company offers sector-specific equity schemes, fund of fund schemes, hybrid and monthly income funds, debt and treasury products and offshore funds.[4][5][6]
History
Birla Sun Life Asset Management Company was established in 1994 as a joint venture between the Aditya Birla Group and Sun Life Financial of Canada where the former owns 51% and the rest is owned by the latter. It provides wealth accumulation and protection products, and services to individuals and corporate customers.[7][8]
Aditya Birla Financial Services Group (ABFSG) is the umbrella brand for all the financial services businesses of the Aditya Birla Group. ABFSG ranks among the top five fund managers in India (including LIC) with an AUM of around Rs ₹3,000,000,000,000 by 2021.[7]
In 2021, Aditya Birla Sun Life Asset management company launched its initial public offering (IPO) and became a publicly-listed company.[9][10][11]
See also
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "Our Businesses | Aditya Birla Capital".
- ↑ 2.0 2.1 2.2 2.3 2.4 "Aditya Birla Sun Life AMC Ltd.Q4FY24 Results" (PDF). bseindia.com. Archived from the original (PDF) on 15 May 2024. Retrieved 25 December 2024.
- ↑ "Aditya Birla Sun Life AMC promoters sell 11.5% stake; shares fall 3.3%". Business Standard. Retrieved 6 May 2024.
- ↑ Allirajan, M (25 February 2016). "Birla Sun Life Mutual Fund introduces 100% paperless, Aadhaar-based eKYC". The Times of India. Retrieved 2022-06-15.
- ↑ K, Muthukumar (2016-08-28). "Birla Sun Life Cash Plus: A secure avenue for surplus funds". The Hindu Business Line. Retrieved 2016-11-03.
- ↑ "Birla Sun Life MF buys 7.19 lakh shares of Shriram City Union". www.moneycontrol.com. Retrieved 2016-11-03.
- ↑ 7.0 7.1 Laskar, Anirudh (8 March 2021). "Birla Sun Life plans1 raise ₹5,000 crore from share sale". mint. Retrieved 27 April 2021.
- ↑ "About Us - Aditya Birla Sun Life Mutual Fund".
- ↑ Madia, Chirag (20 April 2021). "Aditya Birla MF files IPO document with Sebi; issue size Rs 2,000 cr". Business Standard India. Retrieved 23 April 2021.
- ↑ "Aditya Birla Sun Life AMC IPO Price Band Likely At Rs 695 - Rs 712, Valuation Over Rs 20,000 Crore: Sources". Moneycontrol. Retrieved 2021-09-24.
- ↑ Sonavane, Ravindra N. (14 April 2021). "Aditya Birla Capital, Sun Life to sell 13.5% stake in asset management biz IPO". mint. Retrieved 23 April 2021.
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This article "Aditya Birla Sun Life Asset Management" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Aditya Birla Sun Life Asset Management. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
- Investment companies of India
- Financial services companies of India
- Financial services companies established in 1994
- Insurance companies of India
- Financial services companies based in Mumbai
- 1994 establishments in Maharashtra
- Indian companies established in 1994
- Aditya Birla Group
- Companies listed on the Bombay Stock Exchange
- Companies listed on the National Stock Exchange of India
