Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC, formerly known as Birla Sun Life Asset Management Company Limited), is a joint venture between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.
ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. Additionally, ABSLAMC has various other business lines such as Portfolio Management Services, Real Estate Investments and alternative Investment Funds. The Portfolio Management Service is a highly customised service designed to seek consistent long-term results by adopting a research based, methodical approach to investing. The Real Estate Investment Advisory (REIA) business is a platform that enables investors to access real estate investments opportunities meant for investors on a private placement basis. Lastly, ABSLAMC also acts as an investment manager to Aditya Birla Sun Life AIF Trust – I which is formed as a Trust under Category III alternative Investment Fund (AIF). ABSLAMC has its subsidiaries in Dubai, Mauritius and Singapore.
Aditya Birla Capital Limited (ABCL), is the holding company of all the financial services businesses of the Aditya Birla Group. With a strong presence across the life insurance, asset management, private equity, corporate lending, structured finance, project finance, general insurance broking, wealth management, equity, currency and commodity broking, online personal finance management, housing finance, pension fund management and health insurance businesses, ABCL is committed to serving the end-to-end financial services needs of its retail and corporate customers. Anchored by more than 16,000 employees, ABCL has a nationwide reach and more than 2,00,000 agents / channel partners.
Apart from asset management, ABCL has a significant presence across several business sectors including NBFC, life insurance, health insurance, housing finance, private equity, general insurance broking, wealth management, broking, online personal finance management and pension fund management.
Aditya Birla Capital, through its subsidiaries and joint ventures, manages aggregate assets worth Rs. 2,813 billion and has a lending book of Rs.447 billion as of 30 September 2017.