News

Aditya Birla SL AMC announces cancellation of certificate of registration of ABREDF Aditya Birla Sun Life AMC has announced notice-cum-addendum to the Statement of Additional Information (SAI) of Aditya Birla Sun Life Mutual Fund. Aditya Birla Sun Life AMC has surrendered the registration of Aditya Birla Real Estate Debt Fund (ABREDF), a Category II Alternative Investment Fund, registered with SEBI with effect from August 1, 2024.    In view of the above, relevant changes will be carried out in SAI. All other features and terms & conditions of SAI shall r...
Aditya Birla SL AMC announces cancellation of certificate of registration of ABREDF
Aditya Birla SL AMC announces cancellation of certificate of registration of ABREDF
Source: Accord Fintech
2024-08-13 12:56:14 pm
Add Aditya Birla Sun Life AMC Ltd For Target Rs.800 By Yes Securities Our view – SIP flows drive equity business, equity yield remains stable Equity business - Equity business continues to improve even as management aspires for further improvement: The lump sum inflows into the recent NFO have been good. While lump sum flows are improving, SIPs have been the key driver of flows. The SIP flows for the quarter were Rs 37bn while the SIP AUM stood at Rs 770bn. Overall, a large component of the flows have gone into the thematic funds. Fund flows are improv...
Add Aditya Birla Sun Life AMC Ltd For Target Rs.800 By Yes Securities
Add Aditya Birla Sun Life AMC Ltd For Target Rs.800 By Yes Securities
Source: Yes Securities Ltd.
2024-08-05 11:57:37 am
Aditya Birla SL AMC announces change in key personnel Aditya Birla Sun Life AMC has announced addendum to the Statement of Additional Information (SAI) of Aditya Birla Sun Life Mutual Fund. Dilip Zujam, a Key Personnel is designated as Fund Manager - Fixed Income with effect from Friday, July 19, 2024. Brief profile of Dilip Zujam is as follows: Dilip Zujam is associated with Aditya Birla Sun Life AMC (ABSLAMC) since 2007. He has an experience of more than 14 years in dealing activities in the debt segment. Prior to joining ABSLAMC, he was assoc...
Aditya Birla SL AMC announces change in key personnel
Aditya Birla SL AMC announces change in key personnel
Source: Accord Fintech
2024-07-23 12:53:04 pm
Aditya Birla SL AMC announces record date for distribution in Balanced Advantage Fund Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund have approved Friday, July 19, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Balanced Advantage Fund (An open ended Dynamic Asset Allocation fund), subject to availability of distributable surplus on the Record Date. The quantum of IDCW on the face value of Rs 10 per unit will be 0.156 under Regu...
Aditya Birla SL AMC announces record date for distribution in Balanced Advantage Fund
Aditya Birla SL AMC announces record date for distribution in Balanced Advantage Fund
Source: Accord Fintech
2024-07-17 12:01:25 pm
Aditya Birla SL AMC announces change in address of existing OPAT in West Bengal Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Schemes of Aditya Birla Sun Life Mutual Fund. Existing Official Point of Acceptance of Transactions (OPAT) of Aditya Birla Sun Life AMC located at Shop No.7, Block No. 5, Club Town, Tegharia, VIP Road, Kolkata - 700 052, West Bengal is shifting to new premises with effective from Monday July 15, 2024. New Address: 5th Floor, Bartaman Building, DK-3, Sector-II, Salt...
Aditya Birla SL AMC announces change in address of existing OPAT in West Bengal
Aditya Birla SL AMC announces change in address of existing OPAT in West Bengal
Source: Accord Fintech
2024-07-15 11:51:17 am
Aditya Birla SL AMC announces record date for declaring distribution in Medium Term Plan Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund have approved Tuesday, June 18, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Medium Term Plan (An open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years. A relatively high interest rate risk and relatively high credit risk.)...
Aditya Birla SL AMC announces record date for declaring distribution in Medium Term Plan
Aditya Birla SL AMC announces record date for declaring distribution in Medium Term Plan
Source: Accord Fintech
2024-06-13 12:21:31 pm
Aditya Birla SL AMC announces change in benchmark and scheme name Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID)/ Key Information Memorandum (KIM) of the Schemes of Aditya Birla Sun Life Mutual Fund (the Fund). Pursuant to intimation received from Asia Index (AIPL), the Benchmark nomenclature of the following Scheme(s) is revised as under with effect from Saturday, June 01, 2024 (the Effective Date): Aditya Birla Sun Life Business Cycle Fund, Aditya Birla Sun Life Special Opportunities Fund, Aditya Birla Sun Life M...
Aditya Birla SL AMC announces change in benchmark and scheme name
Aditya Birla SL AMC announces change in benchmark and scheme name
Source: Accord Fintech
2024-06-06 03:22:41 pm
Sell Aditya Birla Sun Life AMC Ltd For Target Rs.s 525 - Yes Securities Our view – Sequential yield improvement may be transient Net equity inflows start to improve on the back of improved fund performance: Net Sales have been positive in November and December and for the quarter as a whole. Sales for the quarter includes Rs 8.9bn raised for the Transport and Logistics Fund. Relatively speaking, Sales in December was lower (weaker) than the industry but there has been some pickup in January. The flows are backed by improved performance and the trend is e...
Sell Aditya Birla Sun Life AMC Ltd For Target Rs.s 525 - Yes Securities
Sell Aditya Birla Sun Life AMC Ltd For Target Rs.s 525 - Yes Securities
Source: Yes Securities Ltd.
2024-04-30 01:42:10 pm
Add Aditya Birla Sun Life AMC Ltd For Target Rs.525 - Yes Securities Net equity inflows start to improve somewhat Our view – Sequential yield improvement may be transient Net equity inflows start to improve on the back of improved fund performance: Net Sales have been positive in November and December and for the quarter as a whole. Sales for the quarter includes Rs 8.9bn raised for the Transport and Logistics Fund. Relatively speaking, Sales in December was lower (weaker) than the industry but there has been some pickup in January. The flows are ...
Add Aditya Birla Sun Life AMC Ltd For Target Rs.525 - Yes Securities
Add Aditya Birla Sun Life AMC Ltd For Target Rs.525 - Yes Securities
Source: Yes Securities Ltd.
2024-04-27 01:41:45 pm
Aditya Birla Sun Life AMC announces suspension of fresh subscription in schemes Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Schemes of Aditya Birla Sun Life Mutual Fund. Pursuant to AMFI email dated March 20, 2024, fresh subscriptions/ switch-in application(s) and existing systematic transactions under the following Schemes of the Fund will be suspended temporarily with effect from Thursday, March 28, 2024 (Effective date) till further notice. All applications received shall be subj...
Aditya Birla Sun Life AMC announces suspension of fresh subscription in schemes
Aditya Birla Sun Life AMC announces suspension of fresh subscription in schemes
Source: Accord Fintech
2024-03-27 02:12:33 pm
Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors  Aditya Birla Sun Life AMC Ltd on Monday launched ‘MyMutualFundGPT’ to assist investors’ queries across its digital platforms. The generative AI-based tool goes beyond traditional keyword matching by comprehending the context of queries and generates responses based on the meaning. The tool addresses investors' queries regarding products and services. In addition, it also helps Investors to conduct research on our top-performing funds, fund managers, and re...
Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors
Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors
Source: IANS
2024-03-18 12:43:46 pm
Aditya Birla SunLife AMC announces change in address of existing CAMS OPAT in Haryana Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Schemes of Aditya Birla Sun Life Mutual Fund. Existing Official Point of Acceptance of Transactions (OPAT) of Computer Age Management Services (CAMS), Registrar and Transfer Agent of Aditya Birla Sun Life AMC located at SCO - 48-49, Ground Floor, Opposite PEER, Bal Bhawan Road, Near HDFC Bank, Ambala -134 003, Haryana is shifting to new premises with effect from Fr...
Aditya Birla SunLife AMC announces change in address of existing CAMS OPAT in Haryana
Aditya Birla SunLife AMC announces change in address of existing CAMS OPAT in Haryana
Source: Accord Fintech
2024-03-01 12:53:44 pm
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow Stocks related to the asset management companies (AMCs) fell on the BSE, after capital markets regulator -- the Securities and Exchange Board of India (SEBI) has asked mutual fund houses to put in place a framework to safeguard investors, who invested in smallcap and midcap schemes, amid a ‘froth building up’ in these categories. Also, the regulator has suggested steps such as restrictions on inflows in these segments, portfolio rebalancing, and laying guidelines to safeguard inve...
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow
Source: Accord Fintech
2024-03-01 12:49:00 pm
More Indian asset managers shift overseas business to GIFT City Several Indian asset managers said they are moving, or planning to move, some offshore fund business from financial centres such as Dubai and Singapore to a finance hub in the western state of Gujarat to gain better access to India's capital markets. The Indian government is promoting the Gujarat International Finance Tec-City, or GIFT City, as a "gateway for global capital and financial services for the economy" and is trying to attract companies through tax-breaks and other...
More Indian asset managers shift overseas business to GIFT City
More Indian asset managers shift overseas business to GIFT City
Source: Reuters
2024-02-09 11:41:46 am
Aditya Birla SL AMC announces change in address of existing CAMS OPAT in Jharkhand Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Schemes of Aditya Birla Sun Life Mutual Fund. Existing Official Point of Acceptance of Transactions (OPAT) of Computer Age Management Services (CAMS), Registrar and Transfer Agent of Aditya Birla Sun Life AMC located at Mazzanine Floor, F-4, City Centre, Sector 4, Bokaro Steel City, Bokaro - 827 004, Jharkhand is shifting to new premises with effect from Friday, De...
Aditya Birla SL AMC announces change in address of existing CAMS OPAT in Jharkhand
Aditya Birla SL AMC announces change in address of existing CAMS OPAT in Jharkhand
Source: Accord Fintech
2023-12-01 02:15:28 pm
Aditya Birla SL AMC announces addition of target scheme in turbo STP facility Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Aditya Birla Sun Life Transportation and Logistics Fund. AMC has announced that Aditya Birla Sun Life Transportation and Logistics Fund, an open-ended equity scheme following transportation and logistics theme (the Scheme) will be available in Turbo STP Facility as target scheme with effect from Friday, December 1, 2023 (the Effective date).    All ...
Aditya Birla SL AMC announces addition of target scheme in turbo STP facility
Aditya Birla SL AMC announces addition of target scheme in turbo STP facility
Source: Accord Fintech
2023-11-30 01:58:37 pm
Neutral Aditya Birla Sun Life AMC Ltd For Target Rs.475- Yes Securities ABSL benefits from AUM mix change, which is not really structural Result Highlights (See “Our View” below for elaboration and insight) ? Revenue: Revenue from operations at Rs 3,350mn was up 7.7%/7.7% QoQ/YoY, leading/lagging QAAUM growth of 4.7%/10% QoQ/YoY. ? Share of Equity in AUM: Share of Equity in AUM (including Hybrid funds) at 41.9% was up 194 bps QoQ but down -27 bps YoY (calculated on rounded off figures) ? Share of B-30 in AUM: Share of B-30 in AUM at 17.3% ...
Neutral Aditya Birla Sun Life AMC Ltd For Target Rs.475- Yes Securities
Neutral Aditya Birla Sun Life AMC Ltd For Target Rs.475- Yes Securities
Source: Yes Securities Ltd
2023-11-08 12:55:11 pm