News From Press Another top mutual fund house all set to go public

Another top mutual fund house all set to go public

The fund house, a joint venture between the Aditya Birla Capital and Sun Life, has met about half a dozen local and global investment banks that are currently pursuing feasibility study of the proposed share sale, multiple sources with knowledge of the matter told ET.

The Economic Times Oct 28, 2020

Aditya Birla Sun Life Mutual Fund, among India’s top five asset managers, is in exploratory talks to raise up to Rs 2,500 crore in an initial public offer (IPO), seeking to leverage a maturing equity culture that’s evident in increasing retail ownership of individual shares and benchmark index-based funds in Asia’s third-biggest stock market.

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?

Making the most of day care claims in health insurance

Term insurance: A delay in buying can cost you dearly

MF Investment: Manage high valuations and market volatility with Hybrid Mutual Funds

NRIs struggle with new mutual fund KYC rules: 3 reasons making MF investments difficult for them now

IPL 2024: 6 crucial financial lessons to learn

Hindu New Year 2024: Secure your future with 9 financial planning rules

SEBI releases framework for supervision of research analysts, investment advisers

Personal Finance: Can arbitrage funds continue their bull run?

Health Insurance Claim: 43% policyholders faced difficulties, some had to wait an extra day at hospital, survey

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

Help me get clients of other distributors who are underserved

Lead to poaching of clients

No significant effect on my business

EVENTS FORUMS