Canara Robeco Asset Management Company Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in Canara Robeco Asset Management Company Limited from 1.85% to 1.57%, selling 570,563 shares. The value of the sold shares is ₹15.13 Cr at ₹265.16 apiece.
An asset management company that manages mutual funds and provides investment advisory services to retail and institutional clients across India. Incorporated in 1993, the company operates by offering diversified fund schemes spanning equity, debt, and hybrid categories. It serves investors seeking professional portfolio management and wealth creation solutions through various investment products and strategic financial guidance tailored to different risk profiles.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.