Latest news with #AdityaBirlaSunLifeAMC
Mint
08-07-2025
- Business
- Mint
Aditya Birla Sun Life AMC declares date to announce Q1 results 2025. Details here
Aditya Birla Sun Life AMC share price rose 1.3 per cent higher in Tuesday's trading session after the company announced that it will release its first quarter results for FY26 on Thursday, July 26. The stock opened at ₹ 819.45 on July 8, as compared to ₹ 812.75 apiece on Monday. In an exchange filing dated July 8, the company said that the board will meet to consider and approve financial results for the June quarter 2025 on Thursday, July 26. ' We wish to inform you that a Meeting of the Board of Directors of the Aditya Birla Sun Life AMC Limited ('the Company') is scheduled to be held on Thursday, July 24, 2025, inter-alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2025,' the company said in the filing. The company further informed the exchanges that the the trading window for dealing in the securities of the Company has been closed for all Designated Persons (including their immediate relatives) from July 1, 2025 and shall remain closed till 48 hours after the announcement of the Financials Results i.e. upto July 26, 2025 (both days inclusive). Aditya Birla Sun Life Asset Management Company (AMC) posted a 9.4 per cent year-on-year increase in net profit for the March quarter, reaching ₹ 228 crore compared to ₹ 208.4 crore in the same period last year. Revenue rose 17.3 per cent to ₹ 429 crore from ₹ 365.6 crore. Operating profit jumped 21 per cent to ₹ 2.3 billion, while profit before tax rose 14 per cent to ₹ 3.1 billion. For the financial year ended March 31, 2025, the board has proposed a dividend of ₹ 24 per equity share with a face value of ₹ 5. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
08-07-2025
- Business
- Economic Times
AMC stocks rise over 3% as Sebi mulls easing mutual fund business norms
Shares of asset management companies (AMCs) such as HDFC AMC, Aditya Birla Sun Life AMC, Nippon Life India AMC, and others rose up to 3.5% on Tuesday after the Securities and Exchange Board of India (Sebi) proposed easing regulations related to mutual fund (MF) business operations. ADVERTISEMENT HDFC Asset Management Company shares rose as much as 3.3% to touch a high of Rs 5,162.30 during the session. Nippon Life India Asset Management also saw strong buying interest, climbing 3.2% to hit Rs 804.95. Aditya Birla Sun Life AMC advanced 3.15% to reach a day's high of Rs 837.65, while UTI Asset Management gained 1.4%, hitting an intraday peak of Rs 1,327.95. In a circular issued on Monday, Sebi proposed relaxing the broad-basing requirement under Regulation 24(b) of the MF Regulations. This would allow AMCs to offer management and advisory services to non-broad-based pooled funds, subject to stringent governance standards and regulatory oversight. Currently, AMCs are permitted to offer such services only to broad-based pooled assets. Those seeking to serve non-broad-based funds must obtain a Portfolio Management Services (PMS) acknowledged that several AMCs have raised concerns that the existing rules limit their ability to compete with other intermediaries offering similar services. The restrictions, they said, have acted as a barrier to entry and hindered access to new opportunities in managing pooled assets—an area where AMCs already possess strong domain expertise.'However, restrictions due to the broad-basing criteria do not permit AMCs to take up such mandates,' Sebi noted in the circular. ADVERTISEMENT Sebi has sought public comments on the proposal by July addition, Sebi has proposed an expansion of permissible activities for AMCs and their subsidiaries, allowing them to undertake operations ancillary to their core business—such as distribution and marketing services. These activities must fall under the regulatory oversight of a domestic or foreign regulator, ensuring that all such operations remain within the ambit of a recognized regulatory framework, the circular added. ADVERTISEMENT The circular has addressed four potential conflicts that may arise if these norms are relaxed. These include: diversion of resources and fees charged, contra-trade and front running, trading based on inside information, and inter-business transfer of assets on unfavourable terms to mutual fund will be required to ensure that resources allocated to pooled non-broad-based funds are proportionate to the fees earned from such funds, and that mutual fund (MF) investors are not made to bear the cost of these products. Sebi may also prescribe a range of fees that AMCs can charge from their pooled non-broad-based funds. ADVERTISEMENT Key personnel responsible for investment decision-making and fund management will need to be segregated. A fund manager may be common only if the investment objectives and asset allocation are the same and replicated across all the funds managed by that individual, the circular stated. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
The Hindu
07-07-2025
- Business
- The Hindu
Aditya Birla Sun Life AMC mobilises ₹700 crore through AIF
Aditya Birla Sun Life AMC on Monday (July 7, 2025) said it has raised ₹700 crore through the first closure of its Structured Opportunities Fund – Series II, a Category II Alternative Investment Fund (AIF). The capital raised includes co-investments, the asset management firm said in a statement. The fund aims to raise ₹1,250 crore with a greenshoe option of an additional ₹1,250 crore, aiming for a total mobilisation of ₹2,500 crore. The fund focuses on performing credit opportunities, offering capital solutions across growth, strategic, and opportunistic requirements. With a focus on structured credit transactions for mid-to-large corporates in asset-heavy sectors such as manufacturing, infrastructure and industrials, the fund seeks to build a diversified portfolio of 10-12 investments targeting mid-teens internal rate of return (IRR) range. The fund has already deployed part of the committed capital across select opportunities in sectors such as chemicals, auto and financials.
Time of India
07-07-2025
- Business
- Time of India
Aditya Birla Sun Life AMC announces first close of ABSL Structured Opportunities Fund Series 2
Aditya Birla Sun Life AMC has announced the first close of its Structured Opportunities Fund – Series II, a Category II Alternative Investment Fund ( AIF ), raising Rs 700 crore, including co-investments. The fund aims to raise Rs 1,250 crore with a greenshoe option of an additional Rs 1,250 crore, aiming for a total possible mobilization of Rs 2,500 crore. The fund, managed by Amit Kansal, Head Alternate Investments – Fixed Income, focuses on performing credit opportunities, offering bespoke capital solutions across growth, strategic, and opportunistic requirements. Also Read | Mutual fund SIP guide: How to invest for the rest of 2025 Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elin Nordegren Show Off Her Huge Size In New Vacation Photos 33 Bridges Undo With an emphasis on structured credit transactions for mid-to-large corporates in asset-heavy sectors like manufacturing, infrastructure and industrials, the fund seeks to build a diversified portfolio of 10–12 investments targeting mid-teens internal rate of return ( IRR ) range, a press release said. Leveraging the extensive experience in the credit space and a robust governance framework, the fund has already deployed part of the committed capital across select opportunities in sectors such as chemicals, auto and financials. These deals are backed by well-established sponsor groups and feature strong collateral and cash flow profiles, aligning with the fund's 4C investment philosophy – Character, Capacity, Collateral and Cashflows, the release said. Live Events 'The successful first close of our Structured Opportunities Fund – Series II is a strong endorsement of the trust placed in us by investors seeking attractive risk adjusted returns in the private credit space. This maiden strategy is a natural extension of our deep investment expertise across sectors and our long-standing ecosystem relationships,' said A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC. Also Read | Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25 'With flexible drawdown structures to navigate market volatility, we have garnered strong traction across a broad investor base including institutional investors, HNIs, UHNIs and family offices and remain confident in our ability to unlock meaningful value while supporting the next wave of corporate growth,' he added.
Economic Times
07-07-2025
- Business
- Economic Times
Aditya Birla Sun Life AMC announces first close of ABSL Structured Opportunities Fund Series 2
Synopsis Aditya Birla Sun Life AMC achieved the first close of its Structured Opportunities Fund – Series II, raising ₹700 crore. The fund targets ₹2,500 crore to invest in structured credit for mid-to-large corporates across asset-heavy sectors, aiming mid-teens IRR. Aditya Birla Sun Life AMC's AIF raises ₹700 crore in first close; targets ₹2,500 crore to support structured credit deals in growth-focused sectors. Aditya Birla Sun Life AMC has announced the first close of its Structured Opportunities Fund – Series II, a Category II Alternative Investment Fund (AIF), raising Rs 700 crore, including co-investments. The fund aims to raise Rs 1,250 crore with a greenshoe option of an additional Rs 1,250 crore, aiming for a total possible mobilization of Rs 2,500 fund, managed by Amit Kansal, Head Alternate Investments – Fixed Income, focuses on performing credit opportunities, offering bespoke capital solutions across growth, strategic, and opportunistic requirements. Also Read | Mutual fund SIP guide: How to invest for the rest of 2025 With an emphasis on structured credit transactions for mid-to-large corporates in asset-heavy sectors like manufacturing, infrastructure and industrials, the fund seeks to build a diversified portfolio of 10–12 investments targeting mid-teens internal rate of return (IRR) range, a press release the extensive experience in the credit space and a robust governance framework, the fund has already deployed part of the committed capital across select opportunities in sectors such as chemicals, auto and financials. These deals are backed by well-established sponsor groups and feature strong collateral and cash flow profiles, aligning with the fund's 4C investment philosophy – Character, Capacity, Collateral and Cashflows, the release said. 'The successful first close of our Structured Opportunities Fund – Series II is a strong endorsement of the trust placed in us by investors seeking attractive risk adjusted returns in the private credit space. This maiden strategy is a natural extension of our deep investment expertise across sectors and our long-standing ecosystem relationships,' said A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC. Also Read | Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25'With flexible drawdown structures to navigate market volatility, we have garnered strong traction across a broad investor base including institutional investors, HNIs, UHNIs and family offices and remain confident in our ability to unlock meaningful value while supporting the next wave of corporate growth,' he added.
