BSLAMCBirla Sun Life Asset Management Company
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The company stated that now, BSLAMC has purchased the rights to manage the schemes and investor accounts from IIMIPL as investment manager.
As per the acquisition, BSLAMC has incorporated IIMIPL s 6 equity and 6 debt schemes with existing schemes as per no-objection received from SEBI.
BSLAMC was also awarded the Best "Mixed Asset Group" at the ET Now Lipper Fund Awards 2010.
During the period under review, the market share of BSLAMC grew by 11%, with AUM touching an all time high.