ABSL AMC is a joint venture between Aditya Birla Capital and Sun Life AMC. It offers portfolio advisory and wealth management services. It is the largest non-bank affiliated AMC and fourth largest asset management company in India. ABSL Flexi Cap Fund and ABSL Frontline Equity Fund are the oldest funds of ABSL AMC having completed more than 23 and 19 years respectively
|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
Aditya Birla Capital (ABCL) is originally incorporated in October 2007 under the Companies Act 1956. It received the certificate of registration from the Reserve Bank of India in May 2009 to commence the business as non-deposit taking NBFC. In December 2014, the company was converted from a private limited company to a public limited company, and was renamed as ‘Aditya Birla Financial Services Limited’. During past one decade since its incorporation, the company has come a long way to become one of the largest financial services players in India. Year 2017 marks a milestone, with the company becoming a pure play listed holding company of all the financial services businesses of the Aditya Birla Group. To mark this new phase in its journey, and in line with its new unified brand identity, the company was rechristened as ‘Aditya Birla Capital Limited’ in June 2017.
The company is the holding company of all the financial services businesses of the Aditya Birla Group. The company is among the top five private diversified NBFCs in India. It is also one of the largest private life insurance companies, asset management companies and general insurance brokers in the country. The company has undertaken various internal and external sustainability efforts to be a sustainability leader in its sector. It is a universal financial solutions group catering to diverse needs of its customers across their life stages.
Business area of the company
The company has a strong presence across a wide range of Protecting, Investing and Financing Solutions, which include Life Insurance, Health Insurance, Motor Insurance, Corporate General Insurance, Mutual Funds, Wealth Management, Stocks and Securities Broking, Portfolio Management Services, Real Estate Investments, Pension Funds, Home Finance, Personal Finance, SME Finance, Real Estate Finance, Loan Against Securities, Corporate Finance, Debt Capital Markets, Loan Syndication and Asset Reconstruction.