Aditya Birla Sun Life’s iconic fund goes from hero to zero in seven years
Once the star of its sector, the dynamic bond fund has seen assets drop to 10% of their peak in 2016, and has little to show by way of performance to attract investors.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Can a universal bank licence revive Jana Small Finance Bank’s stock?
Turning into a full-service bank could help the Bengaluru-based niche lender unlock its share value, but the transition will come with its own set of challenges.
JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness
The two IPO-bound startups are showing signs of a slowdown and will be looking over their shoulders as online B2B marketplaces launched by the conglomerates grow fast.
India’s listed SME space is a ticking time bomb
If recent investigations by SEBI into cases of fraud by listed SMEs are any indication, a scam running into lakhs of crores is in the making, putting the entire financial system at risk.