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  News for Birla Sun Life Amc

  • Business

Kumar M Birla to be Birla Sun Life AMC chairman

The Birla Sun Life Asset Management Company is set to witness a change in its board composition, with Kumar Mangalam Birla taking over as chairman from its Canadian partner Sun Life's......

Birlas take control of MF venture with Sun Life

The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.The Birlas will......

Birla Sun Life AMC on the prowl

Birla Sun Life Mutual Fund, which manages assets over Rs 9,000 crore (Rs 90 billion), is eyeing acquisition and targets to grow by over 30 per cent this fiscal."We are always on the look out to......

Fund managers' stock buying hits 6-year high

Equity fund managers are on a stock-buying spree. Ahead of the Union Budget, in June, net investment in shares by mutual funds stood at Rs 2,763 crore (Rs 27.63 billion), the most since June 2008.......

'Mutual funds may see their best period in next 5 years'

India's mutual fund sector, the assets under management of which exceeded Rs 10 lakh crore (Rs 10 trillion) last month, has high expectations from the new government at the Centre. A......

  People speak for birla sun life amc

  • QNA
Q. I have got investments inHDFC Equity (Growth) and HDFC TOP200 (Growth).I am thiking of shifting my investments in HDF EQUITY to HDFC TOP200 by Systematic Trasfer Plan. Can any expert inMF advise me whether HDFC TOP200 is a better fubd?
:  A. let the investments remain where they are. if at all you have to shift, shift to some other AMC, AT present Birla Sun life is doing very well more

Rayirath KrishnanKutty
Q. I want to purchase a tax saving mutual fund . Kindly advise me which is the best tyax saving mutual fund for me.
Rayirath KrishnanKutty:  A. SBI Magnum Tax Gain,Principal Personal Tax Saver,Birla SunLife Tax Relief 96 are some of the best ELSS funds.Invest by way of sip.You can save on...... more

diwakar mandal
Q. tax gain purpose which mf is coorect
Diwakar Mandal:  A. 1. Birla sun life Relief 962. Principal Tax Saver (u will get free accidental cover with not cost, amc tie up with new india assurance)3. Sundaram...... more

ramesh s
Q. I am interested in Investing in the mutual fund. Which mutual fund i can invest so that i can get tax rebate? Whether i need DMAT account to invest in the mutual fund?
Ramesh S:  A. One need not to require DMAT account for investing in mutual fund, as stocks directly purchased by AMC(respective co). For tax saving purpose...... more

Bala Subramanian
Q. I want to invest Birla sun life mutual fund & Tata mutual fund. Tell me who is the best in details.
Bala Subramanian:  A. BOth the AMCs are good and SBI magnum COntra is an excellent fund. more

  Web results for Birla Sun Life Amc
MFs exposure to bank hits record-high of Rs 55K cr

India's leading mutual funds shuffled their holdings in June, lapping up shares of beaten sectors such as technology and banks, while dumping those... ...
MF's allocation to FMCG hits rock bottom

Less than five paise out of every rupee of India's mutual funds ' equity assets is being invested in fast moving consumer goods ( FMCG ) - the... ...
CCI clears Birla Sun Life's ING MF buy

The Competition Commission of India (CCI) has approved Birla Sun Life AMC's acquisition of ING Mutual Fund's schemes. In an order on Tuesday, CCI... ...
One KYC, one Demat across the finance sector; Govt makes it easy for you & me

MUMBAI: Investors may be able to access details of their investments across a wide range of instruments, not just shares and mutual funds, but... ...
Mutual Funds Average Assets Post A Record Rise In June Quarter

The uptrend in the Indian mutual fund industry continues. The June quarter's average assets under management or AUM (excluding fund of funds)... ...

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