Aditya Birla Sun Life AMC joins Category III AIF rush with ₹2,000 crore fund

The ABSL Select Sector Fund fund will be opened with a core corpus. ₹1,500 crore and green shoe option ₹500 crore, executives of the Mumbai-based firm said. The fund will have a seven-year tenure, extendable by two years, and will follow the company’s portfolio management service (PMS) strategy, according to investor documents reviewed by. Mint.