This article contains content that is written like an advertisement .(June 2021) |
Company type | Public |
---|---|
ISIN | INE404A01024 |
Industry | Financial services |
Founded | 1994 |
Headquarters | , India |
Areas served | 26 countries |
Key people | A. Balasubramanian (CEO) |
Services | |
Revenue | ₹1,335.70 crore (US$170 million) [2] (2023) |
₹793.86 crore (US$99 million) [2] (2023) | |
₹596.37 crore (US$75 million) [2] (2023) | |
Total assets | ₹2,788.12 crore (US$350 million) [2] (2023) |
Total equity | ₹2,516.98 crore (US$320 million) [2] (2023) |
Owners | Aditya Birla Capital (50.01%) Sun Life Financial Inc.(36.49%) [3] |
Website | mutualfund |
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 the Aditya Birla Capital of India and the 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]
Birla Sun Life Asset Management Company was established in 1994 as a joint venture between the Aditya Birla Group and the Sun Life Financial of Canada where the former owns 51% and the rest by 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 business of The Aditya Birla Group. ABFSG ranks among the top five fund managers in India (including LIC) with an AUM of around Rs 3 trillion 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]
Sun Life Financial Inc. is a Canadian financial services company. It is primarily known as a life insurance company.
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Aditya Birla Sun Life Insurance Limited (ABSLI) is an Indian life insurance company headquartered in Mumbai, India. It was founded in 2000 as a joint venture between the Aditya Birla Group, a diversified Indian multinational conglomerate based in Mumbai, India, and Sun Life Financial Inc., a global financial services organization in Canada.