Aditya Birla Sun Life Mutual Fund added over 0.25% of Fusion Finance Limited in the quarter and now holds 1.25%, or 20,43,615 shares.
A microfinance institution incorporated in 1994, Fusion Finance provides lending services to underserved borrowers across India. The company focuses on extending credit to individuals and small entrepreneurs who lack access to traditional banking channels. Operating through an extensive branch network, it delivers financial inclusion services and credit products tailored to the needs of low-income communities and rural populations seeking economic opportunity.
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.
