Presentation Operator MessageOperator Ladies and gentlemen, good day, and welcome to Q4 FY 24 and Full Year 2014 Earnings Conference Call of Aditya Birla Sun Life Asset Management, hosted by InCred.
Get latest articles and stories on Latest News at LatestLY. Aditya Birla Sun Life AMC on Friday reported a 54 per cent increase in net profit to Rs 208.4 crore for three months ended March 2024. Latest News | Aditya Birla Sun Life AMC Q4 Profit Grows 54 Pc to Rs 208 Cr.
A lumpsum investment of Rs 1 lakh in the scheme would have grown to nearly Rs 45 lakhs in 21 years, with a CAGR of 19.31% since inception. The scheme delivered 16.20% return for a five-year period. Meanwhile, on a three-year basis, the scheme has given 16.74% return.
Aditya Birla Sun Life CRISIL IBX AAA March 2024 Index Fund is an open-ended target maturity index fund tracking the CRISIL IBX AAA Index – March 2024 with a moderate interest rate risk and relatively low credit risk.
In a five-year horizon, the SIP investments in the scheme offered an XIRR of 26.80% compared to 19.02% by its benchmark (S&P BSE Teck TRI). In the three-year horizon, the SIP investments in the scheme offered 19.16% returns compared to 12.69% by its benchmark (S&P BSE Teck TRI).