Market Makers

In this edition of Market Makers, Manoj Rane, former Vice Chair, FIMMDA/ FEDAI sits down with A. Balasubramanian, Managing Director & CEO of Aditya Birla Sun Life AMC, to reflect on his remarkable journey from a money market trader in the early 1990s to leading one of India’s top mutual funds for over two decades.

Bala shares insights on:

• Building Birla AMC from a startup-style desk to a ₹4.6 trillion powerhouse
• Lessons from navigating cycles of crises and booms — from 9/11 to the Lehman collapse
• His philosophy on risk, reputation, and people management as a CEO
• Why he remains bullish on India’s equity markets despite uncertainty
• Views on interest rate transmission, RBI policy, and the rupee-dollar trajectory

A candid conversation about leadership, resilience, and what lies ahead for India’s mutual fund industry.