Dear Client,
As part of our ongoing commitment to ensuring the security of your online trading experience, we would like to inform you of our protocol for addressing any suspicious activities observed on your trading account
Should you notice any irregularities or suspect unauthorized access to your account, we kindly request that you take immediate action by following the steps outlined below:
Send an Email Please send an email to stoptrade@acml.in from your registered email ID. In the email, briefly outline the suspicious activity you have observed.
Phone Call Alternatively, you can call us at 07968101000 Ext: 1 from your registered mobile number. This will enable us to address your concerns promptly.
When contacting us, please ensure you provide the following details:
By providing this information, you enable us to swiftly investigate and take appropriate measures to safeguard your account.
Your security and peace of mind are of utmost importance to us, and we appreciate your cooperation in maintaining the integrity of your trading account.
Total income stood at Rs 440.02 crore in the quarter ended 31 March 2024, registering a growth of 33.68% year on year (YoY).
Profit before tax stood at Rs 267.57 crore in Q4 FY24, up 47.87% from Rs 180.95 crore recorded in the corresponding quarter last year.
Aditya Birla Sun Life AMC?s (ABSLAMC) overall quarterly average assets under management (QAAUM) including alternate assets grew 21% YoY to Rs 3,45,800 crore for the quarter ending 31 March 2024. The company?s mutual fund QAAUM also witnessed a growth of 21% YoY to Rs 3,31,700 crore.
Equity mutual fund QAAUM increased by 31% YoY to Rs 1,52,000 crore in Q4 FY23. Equity mutual fund mix increased to 46% Q4 FY24 from 42% in Q4 FY23.
Individual monthly AAUM stood at Rs 1,73,200 crore for March 2024, up 23% YoY. Individual mix was at 52% of mutual fund AUM.
The firm registered around 5,96,400 new systematic investment plans (including STP) for Q4 FY23, recording a growth of 125% .
On full year basis, the company's consolidated net profit grew 30.85% to Rs 780.36 crore on 21.19% rise in total income to Rs 1,640.58 crore in FY24 over FY23.
ABSL AMC serviced 8.59 million folios as of 31 March 2024 and added around 1.1 million new folios for year ending 31 March 2024.
Monthly systematic inflows (including STP) witnessed growth of 25% YoY to Rs 1,252 crore for March 2024 with 3.58 million accounts.
Meanwhile, the company's board has recommended a final dividend of Rs 13.50 per equity share for the financial year ended 31 March 2024, subject to the approval of shareholders. The dividend, if approved, will be paid within 30 days from the conclusion of AGM. Record date for the said dividend will be intimated in due course.
Aditya Birla Sun Life AMC is co-owned and backed by Aditya Birla Capital and Sun Life (India) AMC Investments Inc. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.
Shares of Aditya Birla Sun Life AMC declined 0.87% to end at Rs 554.75 on Friday, 26 April 2024.
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