DSIJ Mindshare

The Aditya Birla Sun Life Quant Fund combines automated investing with oversight from fund managers. It follows a quantitative model for stock selection based on the NIFTY 200 Index, which includes large and mid-cap stocks. The fund manager defines the investment universe and designs the quantitative model, with automated monitoring of chosen stocks.

The promoters of the company hold a 30.18 per cent stake in the company while the public shareholders own a 69.82 per cent stake as of March 2024.

The shares of the company have an ROE of 30 per cent and an ROCE of 28 per cent. 

Market volatility, as indicated by India VIX, has declined by 2.56 per cent and is trading around the level of 14 reflecting a decrease in market volatility.

At the closing bell, the shares of the company were trading at Rs 50.29 per share, up 4.21 per cent with a spurt in volume by more than 2 times on BSE.