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ABSL MF s conviction play sets stage for turnaround in performance

After nearly four years of underwhelming performances in equity schemes, Aditya Birla Sun Life Mutual Fund (ABSL MF) is experiencing a revival. During the first quarter of the 2023-24 financial year (Q1FY24), the fund house arrested its declining market share, bolstered by stronger equity fund results and subsequent ratings upgrades. Mahesh Patil, the chief investment officer, attributes this resurgence to changes in the fund management team and adjustments to investment strategies.

Palisade Capital Management Included in CNBC FA100 Ranking for 2023, fourth year in a row

Palisade Capital Management Included in CNBC FA100 Ranking for 2023, fourth year in a row
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