However, HDFC AMC's market share loss was faster for April-September period (H1FY22) while industry flows have turned positive. Headquartered in Mumbai, it was previously named Birla Sun Life Asset Management Company Limited.
HDFC AMC is among the largest and profitable mutual funds with an AUM of around Rs 4.4 trillion as on September 2021. Aditya Birla Sun Life Mutual Funds (ABSLMF) is a joint-venture company co-sponsored by the Indian company, Aditya Birla Capital Limited and Canada-based financial service company, Sun Life AMC Investments, Inc. In the past three months, the stock has underperformed the market by declining 27 per cent as compared to a 2.4-per cent fall in the S&P BSE Sensex. HDFC AMC, the investment manager to HDFC Mutual Fund (HDFC MF), was down 2 per cent to Rs 2,411.15, breaching its previous low of Rs 2,427.10, touched on November 29, 2021. Ltd.Shares of HDFC Asset Management Company and Aditya Birla Sun Life AMC hit their respective 52-week lows on the BSE in Thursday's intra-day trade.
Ltd., Coal India Ltd., Bharat Petroleum Corpn. Of India Ltd., State Bank of India, National Thermal Power Corp.
The fund's top 5 holdings are in Power Grid Corpn. It has taken less exposure in Energy, Financial sectors compared to other funds in the category. KRA shall send a letter to the investor within 10 working days of the receipt of the initial/updated KYC documents from the Mutual Fund, confirming the. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value. Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Limited), being a SEBI registered intermediary is a point of service for processing KYC applications. In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. The Sponsors of Aditya Birla Sun Life Mutual Fund are Aditya Birla Capital Limited, a part of the Aditya Birla Group, which is a premier conglomerate of businesses in India and Sun Life (India) AMC Investments Inc. The company is a joint venture between Aditya Birla Group, a sincere multinational enterprise with a global presence and Sun Life Financial Inc., one of Canada's top financial. started its operations on January 17th, 2001 in India. The fund has the majority of its money invested in Energy, Financial, Engineering, Metals, Insurance sectors. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). Aditya Birla Sun Life AMC Limited is the investment manager of Aditya Birla Sun Life Mutual Fund. Aditya Birla Sun Life Insurance Company Limited or ABSLI, formerly known as Birla Sun Life Insurance Co. Our Wealth team will build & manage a high-performing portfolio curated to your life’s needs. Give your investments the advantage of customised advice backed by market intelligence and up-to-date research. The fund has doubled the money invested in it every 2 yrs. Mutual Funds are the best choice for those who want their hard-earned money to work equally hard. Since launch, it has delivered 17.65% average annual returns. Aditya Birla Sun Life PSU Equity Fund Direct - Growth returns of last 1-year are 39.64%. The fund has an expense ratio of 0.37%, which is less than what most other Thematic-PSU funds charge. Aditya Birla Sun Life PSU Equity Fund Direct - Growth has ₹812 Crores worth of assets under management (AUM) as on and is medium-sized fund of its category. Along with offering a comprehensive Health. The backer of the Aditya Birla Sun Life Mutual Fund is a portion of Aditya Birla Group, which is a prominent business group in India and Sun Life Financial. This fund has been in existence for 2 yrs, having been launched on. Financially protect what you value - your childs future, retirement income and financial cover in case of death. Aditya Birla Sun Life PSU Equity Fund Direct - Growth is a Thematic-PSU mutual fund scheme from Aditya Birla Sun Life Mutual Fund.
0 kommentar(er)
