Indian fund houses Aditya Birla Sun Life AMC and SBI AMC win big at Thomson Reuters MENA Lipper Fund Awards 2017

  • Aditya Birla Sun Life AMC bags six awards; sweeps the ‘Bond Indian Rupee’ category
  • SBI Funds Management wins the ‘Best Equity Fund (India) over 5 years’ title
  • Thomson Reuters Lipper Fund Awards honor funds and fund management firms that deliver consistent performance, in over 20 countries

Mumbai, September 25, 2017 – Indian fund houses Aditya Birla Sun Life Mutual Fund and SBI Mutual Fund won several titles at the recently held Thomson Reuters MENA Lipper Fund Awards. Aditya Birla Sun Life AMC Limited bagged six awards with its Bond-Retail-Growth fund sweeping the ‘Bond Indian Rupee’ category for all 3, 5 and 10 year performance period. Additionally, the fund house also bagged two awards under ‘Equity India’ category for its ‘Small & Midcap Fund-Growth’ and ‘Midcap Fund-Growth’ for 3 years and 10 years performance period respectively. SBI Mutual Fund’s Magnum MidCap Fund-Growth bagged the 5 year performance period in the category. The final tally for the awards for Indian fund houses was as follows:

AMC Fund name Performance Period
Equity India
Aditya Birla Sun Life AMC Limited Aditya Birla Sun Life Small & Midcap Fund-Growth 3 Years
SBI Funds Management Private Limited SBI Magnum MidCap Fund-Growth 5 Years
Aditya Birla Sun Life AMC Limited Aditya Birla Sun Life Midcap Fund-Growth 10 Years
Bond Indian Rupee
Aditya Birla Sun Life AMC Limited Aditya Birla Sun Life Dynamic Bond-Retail-Growth 3 Years
Aditya Birla Sun Life AMC Limited Aditya Birla Sun Life Dynamic Bond-Retail-Growth 5 Years
Aditya Birla Sun Life AMC Limited Aditya Birla Sun Life Dynamic Bond-Retail-Growth 10 Years
Equity Sector Financial
Aditya Birla Sun Life AMC Limited Aditya Birla Sun Life Banking & Financial Services-Growth 3 Years


Pradeep Lankapalli, Managing Director, Thomson Reuters, South Asia, said, “It is a pleasure to see Indian asset managers, Aditya Birla Sun Life AMC and SBI AMC, delivering superior performance at an international platform. We congratulate them and wish them more success for the future.” 

“We at Thomson Reuters Lipper would like to congratulate all of the 2017 award winners for successfully navigating the unexpected twists and turns of the 2016 capital markets.  Once again we are proud to recognize the outstanding skill and expertise put forth by these managers to deliver outperformance for their shareholders,” said Robert Jenkins, global head of Research at Thomson Reuters Lipper. 

For over 30 years, the Thomson Reuters Lipper Fund Award has recognized funds and fund management firms across the globe for their dependably strong risk-adjusted three, five and ten-year performance relative to their peers. The criterion for evaluating the award winner is based on Lipper’s renowned proprietary performance-based methodology.

Please click here to see the full list of winners at the Thomson Reuters MENA Lipper Fund awards 2017.

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