Tag Archives: Asset Management Companies

Aditya Birla mutual fund to go public, here’s what you should know

Mutual Funds

At 9% of its AUM, ABSLAMC could be valued at ~Rs 24,200 crore and Rs ~26,900, at 10%. Assuming that the company won’t issue any fresh shares and its paid-up equity capital is going to remain 28.8 crore shares of Rs 5 each, the IPO price could be in the range of Rs 840 to Rs 930.

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Should you invest in Asset Management Companies?

AMCs

India’s Assets under Management (AUM) to GDP ratio is merely 12% vis-à-vis the global average of 55%. With growing awareness and financialization of savings, Asset Management Companies (AMCs) might capture a greater piece of the retail savings pie in future.

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