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Birla Sunlife AMC aims Rs 2.5 trillion by March 2018

Birla Sun Life Asset Management Company (BSLAMC) has been aiming to achieve its total assets under management to Rs 2.5 trillion by March 2018 from the current AUM at Rs 1.84 trillion.

A Balasubramanian, Birla Sun Life Asset Management Company chief executive has said that “We at BSLAMC are looking at achieving total AUM at Rs 2.5 trillion by March 2018 from the current level of Rs 1.84 trillion.”

During April-December 2016, the company has seen good inflow of capital across its offerings. Around 5.5 lakh new folios have been added by it in overall during the period and at present its total folios stand at 34 lakh.

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