Aditya Birla Sun Life AMC Limited (ABSLAMC) on Monday (March 18) launched MyMutualFundGPT. This is an information tool designed to elevate the overall investor experience across their digital platforms, the AMC said.
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According to the mutual fund house, the Gen AI-based tool will comprehend the context of queries and generate responses based on the meaning.
"The tool will address investors' queries regarding Aditya Birla Sun Life AMC Limited’s products and services. In addition, it will also help Investors to conduct research on our top-performing funds, fund managers, and related topics," the AMC added.
Commenting on the launch, A Balasubramanian, Managing Director and CEO of Aditya Birla Sun Life AMC Limited said, "This is a significant step towards reshaping the landscape of digital interactions in the mutual fund industry."
In another development, Aditya Birla Sun Life Mutual Fund unveiled the outcomes of its stress tests on Thursday (March 14), aligning with a directive from the Association of Mutual Funds in India (AMFI).
Aditya Birla Sun Life Midcap Fund and Aditya Birla Sun Life Small Cap Fund have ₹10,363 crore worth of assets under management (AUM).
If needed, Aditya Birla Sun Life Mutual Fund will take four days to sell 50% of its midcap portfolio and 10 days to sell half of its smallcap portfolio.
(Edited by : Anshul)
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