Company History
In what year was Aditya Birla Sun Life Asset Management company established?
What type of financial products does ABSL specialize in?
Mutual funds, index funds, mutual FoF, Debt FoF, Gold FoF
Name three other asset management companies in India
SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund, Kotak Mahindra Mutual Fund
Which regulatory body oversees mutual fund operations in india, including those managed by ABSLAMC?
SEBI - securities and exchange board of india
Who was the founder of the Aditya Birla Group?
GD Birla
What is the minimum investment required to start a weekly SIP with ABSL AMC?
100 rupees
What is one of the core values of ABSLAMC?
Integrity Commitment Passion Speed Seamlessness
What is the role of an AMC in financial markets?
1. Fund Management
2. Investment Research
3. Portfolio Diversification
4. Investor Relations
5. Regulatory Compliance
6. Fund Distribution
Mutual fund investors at ABSL AMC must comply with which regulatory requirement for identity verification?
KYC - know your customer
What was the original name of Aditya Birla Sun Life Asset Management Company?
Birla Sun Life Asset Management Company Limited
Name any 3 mutual fund categories offered by the company
equity, debt, hybrid, elss, index, fund of funds, specialised funds like psu funds, focused funds, banking funds
What is the role of a fund manager in a mutual fund?
1. Portfolio Management
2. Investment Research
3. Asset Allocation
4. Monitoring Market Conditions
5. Risk Management
6. Performance Monitoring
7. Investor Communication
ABSL AMC's compliance policies ensure adherence to which law protecting personal information?
Personal Data Protection Act
Name one significant milestone in the company's history
investor education initiatives - financial literacy and investor educational programs
digitization of SIP
What is the primary goal of the company's investment strategies?
To deliver long term capital appreciation and generate consistent returns for investors
What is the difference between an open ended and close ended mutual fund?
Open-Ended Mutual Fund:
- open-ended mutual fund allows investors to buy and sell units at any time, directly from the fund house at the prevailing Net Asset Value (NAV).
- number of units in an open-ended fund is not fixed and can change based on the ongoing investments and redemptions.
- provide liquidity
- NAV calculated daily based on market value of underlying assets.
- These funds can invest across various asset classes such as equity, debt, and money market instruments.
Closed-Ended Mutual Fund:
- A closed-ended mutual fund has a fixed number of units issued during its initial public offering (IPO) and generally remains unchanged afterward.
- Investors can buy units only during IPO period.
- After IPO, these funds are traded on stock exchange at a market price that may be at a premium or a discount to the NAV.
- do not provide an exit route for investors who wish to redeem their units before the fund's maturity date (which is typically 3-7 years).
- The NAV calculated periodically (usually weekly) based on the market value of the underlying assets.
- tend to have a specific investment objective.
This term describes the process of ensuring a company's investments are in line with ethical standards.
ESG integration - Environmental, Social, and Governance
What major event or acquisition expanded the company's market presence internationally?
Acquisition of a 49% stake in Sun Life Asset Management Company Limited (SLAMC) by Aditya Birla Capital Limited
What service does the company offer to high net-worth individuals?
Portfolio Management Services
What are the 4 pillars of ABSL AMC's vision?
To be a leader, a role model, a broad-based player, and an integrated player
What does the term "expense ratio" mean in mutual funds?
measure of the costs associated with managing and operating the fund. includes expenses such as - administration fees, fund management fees, marketing and distribution expenses, and other operational costs.
This document outlines the investment objective, risks, charges, and other details of a mutual fund scheme
SID - scheme information document