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.
IDBI Capital's IPO Report
Aditya Birla Sun Life AMC Ltd. is the fourth largest asset management company in terms of quarterly average assets under management and the largest non-bank affiliated AMC as of June 2021 with an AUM of Rs 2.9 trillion, a market share (based on QAAUM) of 8.5% in the industry and a client base accounts seven million folio.
Aditya Birla Sun Life AMC's profit after tax has grown at a compound annual growth rate of 15% from FY18 to FY21, and return on equity has improved by 700 basis points during the same period to 33.7%.
The company has the second highest share from B-30 centers, (FY16: 19.3% Q1 FY22: 27.4%).
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