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Info-Tech
Birla Sun Life Insurance crosses Rs 10,000-cr in AUM

MUMBAI: Birla Sun Life Insurance (BSLI) on Wednesday said that it has crossed the Rs 10,000-crore mark in Assets Under Management (AUM) in April.

The company's Chief Investment Officer, Mr Vikram Kotak said that **it gives us great pleasure to cross the landmark of Rs 10,000-crore of AUM and in the process registering strong growth of 41 per cent year-on-year.'' Investment performance would be a critical yardstick by which stakeholders would measure any company's performance this year, he said.

"Our investment strategy has always focused on building a high-quality portfolio by investing in companies that have strong management, strong financial performance, businesses scalability and prospect of future growth,'' Mr Kotak said.

Birla Sun Life Insurance is a joint venture between the Sun Life Financial Inc and the Aditya Birla Group. - PTI

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