Aditya Birla Sun Life AMC to operate as registered fund management entity

Aditya Birla Sun Life AMC has been given approval by the IFSCA to function as a registered fund management entity and to provide Alternative Investment Fund (AIF) and Portfolio Management Services (PMS).

The company can provide services through a branch office in Gujarat’s GIFT City’s International Financial Services Centre (IFSC). The company’s decision to establish a new division at Gujarat International Finance Tec-City (GIFT City) is a strategic move towards the expansion of its global business, to broaden its reach and provide services to international clients, including NRIs interested in investing in India.
GIFT City is developing as a nation’s financial entry point for investments both domestically and internationally. An essential component of that journey will be our international business at GIFT City. India’s dedicated institutional mandates will be managed from GIFT City in stages.

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