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Verified employee & interview reviews
Mumbai, Maharashtra
Aditya Birla Sun Life AMC Limited (ABSLAMC), formerly known as Birla Capital International AMC Limited, is one of India's leading asset management companies with a track record spanning over three decades. Established in September 1994, the company operates as a prominent joint venture between the Indian conglomerate Aditya Birla Group and the Canadian international financial services organization Sun Life Financial Inc. Specifically, its major promoters and shareholders are Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. Over the years, the firm expanded its reach significantly, launching an Initial Public Offering (IPO) in October 2021 and listing its equity shares on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under the ticker symbol ABSLAMC. The principal activity of ABSLAMC is to serve as the investment manager for Aditya Birla Sun Life Mutual Fund, which is a registered trust under the Indian Trusts Act, 1882. Beyond managing a diverse suite of domestic mutual fund schemes, the company also operates multiple alternative strategies. These include Portfolio Management Services (PMS), Alternative Investment Funds (AIF) under Category II and Category III with SEBI, and specialized real estate investments through the Aditya Birla Real Estate Fund. ABSLAMC has also extended its operations globally to provide investment advisory and portfolio solutions to offshore funds and high-net-worth institutional clients, maintaining a strategic presence in international hubs like Singapore, Dubai (DIFC), and Mauritius. As a major force in the Indian financial services sector, ABSLAMC ranks as the largest non-bank affiliated asset management company in the country. The company manages a massive quarterly average assets under management (QAAuM) that crosses over INR 4.25 lakh crore, reflecting robust year-on-year growth driven by expansion in equity and alternate assets. Servicing over 1 crore investor folios, the company supports a highly diversified client base through a vast pan-India distribution network covering more than 280 to 310 operational locations. Headquartered in Mumbai, Maharashtra, the firm operates under the leadership of its Managing Director and Chief Executive Officer, Mr. A. Balasubramanian. Financially, for the recent fiscal periods, ABSLAMC has demonstrated strong fundamental metrics, posting consolidated revenue from operations of INR 1,845 crore and a net income of INR 975 crore. The company maintains a healthy dividend payout ratio, stands virtually debt-free, and consistently generates superior returns on equity (ROE) above 25%, establishing itself as a highly trusted partner in wealth creation and long-term asset management in India.
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