Aditya Birla Sun Life AMC (ABSLAMC) has been granted
approval by IFSCA on 28 November 2022 to act as "Registered Fund Management Entity (Non-Retail)" and carry out Alternative Investment Fund (AIF) and Portfolio Management Services (PMS) through a branch office in International Financial Services Centre (IFSC) in India.
ABSLAMC's move to set up a new unit at the Gujarat International Finance Tec-City (GIFT City) is a strategic step towards growth of its international business, to expand its reach and service global clients, including NRIs for investing in India.
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