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This Article is From Sep 29, 2021

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
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:

DISCLAIMER

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.

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