Aditya Birla Sun Life AMC (formerly known as Birla Sun Life Asset Management Company), a subsidiary of Aditya Birla Capital has expanded its footprint in Tamil Nadu with the opening of branches at Hosur, Vellore and Tirunelveli.

The effort is aimed at deepening mutual fund penetration and helping investors in the region increase their financial investments, a company release said.

A Balasubramanian, Chief Executive Officer, Aditya Birla Sun Life AMC, said the company decided to expand its presence after noticing the steady rise in retail interest for investment in mutual funds from the region. The branches will cater to the financial needs of the region’s retail and institutional investors and distribution partners.

Investors and distributors can now experience the full spectrum of mutual fund solutions, transactional and service support, he said.