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Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day

Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…

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5 mins read

Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms

The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…

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3 mins read

Rashi Peripherals closes 3% ahead of issue price on debut day

Hardware distribution company Rashi Peripherals debuted on the bourses with a 7.7% premium on Wedne…

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Aditya Birla Sun Life AMC IPO’s last day to subscribe, grey market indicates ₹20 premium

So far, in the first two days of subscription, the IPO has received a tepid response from all ca…

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Shares of Aditya Birla Sun Life AMC sees a tepid listing, opens at 2% premium

Shares of Aditya Birla Sun Life AMC IPO made a weak listing on stock exchanges as it debuted with 2…

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Aditya Birla Sun Life AMC IPO: Here’s how to check allotment status

The mutual fund company Aditya Birla Sun Life AMC is likely to announce the allotment of its initia…

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Aditya Birla Sun Life AMC IPO allotment starts tomorrow, IPO was subscribed 5.25 times

The mutual fund company Aditya Birla Sun Life AMC is likely to announce the allotment of its initia…

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Aditya Birla Sun Life AMC IPO: How to check for your refund if you have not received the allotment

Investors have bid for 14.59 crore shares against the 2.77 crore shares on offer. The IPO has re…

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1 min read

Aditya Birla Sun Life's new NFO collects ₹1,574 crore

The multi-asset allocation category has emerged as a popular investment option for investors …

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Aditya Birla Sun Life AMC’s ₹2768 crore IPO will open on September 29

The mutual fund company will be the fourth fund house to get listed on exchanges. So far, HDFC A…

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Flair Writing IPO pens a success story, subscribed 46.6x

The ₹593 crore initial public offer (IPO) of Mumbai-based stationery maker Flair Writing received g…

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6 mins read

Mutual fund industry to see many mergers in next couple of years, says Aditya Birla Sun Life AMC’s CEO

The ₹36 trillion mutual fund industry, in India, with 44 players may see consolidation happening in…

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3 mins read

Aditya Birla Sun Life AMC IPO opens today, analysts bet high on the growing mutual fund industry

The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening today, September 29, and …

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Aditya Birla Sun Life AMC IPO likely to open next week with a ₹3,000 crore issue size

Initial public offering (IPO) of Aditya Birla Sun Life AMC may open in the last week of September w…

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Adani firm repays ₹1,500 crore to SBI Mutual Fund, Aditya Birla Sun Life

Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,00…

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Aditya Birla AMC IPO’s grey market premium stands at ₹70 per share; up 10% from issue price band

The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening on Wednesday, September 2…

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India’s mutual fund industry gets its hands on blockbuster IPOs like Paras Defence and others for ₹1500 crore in September

The ₹37 trillion mutual fund (MF) industry has together invested about ₹15.89 billion in five newly…

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Sensex rises over 100 points in early trade, Nifty hits 18,000 for the first time — Maruti, NTPC, PowerGrid top gainers

Later, NSE Nifty hit the 18,000-mark. This is the first time the index has hit the milestone. …

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4 mins read

Earnings to remain volatile in FY24, but some sectors will benefit from lower energy prices, says Aditya Birla Sun Life MF’s CEO A Balasubramanian

Aditya Birla Sun Life Mutual Fund CEO, Balasubramanian, believes that investors should be bullish o…