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Aditya Birla Sun Life AMC IPO - Improving Operating Metrics; Equity Growth A Key: Centrum Broking

Aditya Birla Sun Life AMC IPO - Improving Operating Metrics; Equity Growth A Key: Centrum Broking

<div class="paragraphs"><p>Coins sit in a piggy bank on the desk of a stockbroker against the backdrop of computer screens. (Photographer: Simon Dawson/Bloomberg)</p></div>
Coins sit in a piggy bank on the desk of a stockbroker against the backdrop of computer screens. (Photographer: Simon Dawson/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Centrum Broking's IPO Report

We are optimistic about the asset management company space – being a fee-based and capital light business, revenues and profitability are slated to see a compound annual growth rate of 13-15% over FY21-26, led by economic growth, growing investor base, and higher disposable income levels, which should aid greater retail participation.

Aditya Birla Sun Life AMC Ltd. is the fourth largest AMC in terms of mutual fund AUM, with asset size of Rs 2.82 trillion as at June 2021.

Aditya Birla Sun Life AMC commands a market share of 8.4% (overall AUM) / 7.4% (equity AUM), up 20 basis points QoQ in Q1 FY22.

Click on the attachment to read the full IPO report:

Centrum Aditya Birla Sun Life AMC IPO Note.pdf

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