Aditya Birla Sun Life AMC - Well-Entrenched Asset Management Franchise: ICICI Securities Initiates Coverage
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.
ICICI Securities Report
Aditya Birla Sun Life AMC Ltd. remains one of the top asset managers of India with a well-entrenched franchise as evident from its ~Rs 3 trillion assets under management, more than 67,000 distributors and presence in 280 plus locations across India.
The overall AUM/equity AUM share of 7.8%/6.6% and retail AUM share of 6.8% (based on November 2021 AMFI data) underpin the strong track record of Aditya Birla Sun Life AMC.
The business strength is complimented by Rs 117 billion worth of alternate assets (September 2021) and diversified distribution across 100 plus banks, 240 plus national distributors and 70 plus digital fintech partnerships. Retail folios have clocked 17.4% compound annual growth rate between September 2016 and Sep 2021.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.