The UCIT funds of Aditya Birla Sun Life AMC Limited are aligned with the global ESG framework

Mumbai, India, June 16, 2021 / PRNewswire / – Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, has announced that its public funds from offshore entities under UCITS (undertakings for collective investment in transferable securities) are now aligned with the global ESG framework.

Both funds include ABSL Umbrella UCITS Fund PLC – India Frontline Equity Fund (IFEF) (ISIN: IE00BJ8RGN0), India Big Cape biased fund and ABSL Umbrella UCITS Fund PLC – India Quality Advantage Fund (IQAF) (ISIN: IE00BJ8RGS50), India Small & Midcap biased fund. The investment strategy of these funds is to generate long-term capital appreciation by investing in Indian companies aligned with the Environment, Social and Governance (ESG) theme. The asset manager also has expertise in designing tailor-made solutions and providing portfolio advisory services to clients.

“The fund manager will combine traditional bottom-up stock selection based on business and financial analysis with a company’s ESG metrics to identify sustainable long-term business opportunities. As part of this, all the companies in the portfolio are assessed against a sustainability scorecard, ”said Vikas Gautam, Chief – Extraterritorial Affairs, Aditya Birla Sun Life AMC Limited. The asset manager has partnered with leading research provider ESG Sustainalytics for ratings.

Commenting on this, A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said: “The funds offered are known for their consistent performance and well rated by independent agencies. The funds strive to participate in existing and emerging opportunities aligned with ESG criteria, eliminate risky companies and invest in high quality sustainable growth compounds to generate better risk-adjusted returns. The funds will hold a diversified portfolio which creates superior long-term investment opportunities. ”

The IFEF reported 79.3% in 1 year, 10.8% in 3 years and 13.2% in 5 years. The IQAF reported 95.4% in 1 year, 17.6% in 3 years and 17.1% in 5 years (like the 24e May 2021, source: Morningstar Direct).

Aditya Birla Sun Life AMC Limited

Founded in 1994, Aditya Birla Sun Life AMC Limited is a joint venture between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. It has subsidiaries in Dubai, Mauritius and Singapore.


This press release should not be construed as investment advice and does not constitute a recommendation to buy or sell such securities and the above funds are intended only for accredited / professional / institutional investors and not for clients of detail.

SOURCE Aditya Birla Sun Life AMC Limited

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