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Anil Singhvi Diwali Stocks: As we dive into Diwali festivities, Zee Business Managing Editor and Market Guru Anil Singhvi believes there’s no better time than the festival of light to make a ‘shubh investment’. With optimism returning to Dalal Street, Singhvi suggests investors look past short-term volatility and focus on medium to long-term opportunities.

On the auspicious occasion, Singhvi has picked Aditya Birla Sun Life AMC Ltd, calling it a stock with the potential to create wealth for investors over the next one to two years.

Aditya Birla Sun Life AMC shares are currently trading around Rs 850, and Singhvi recommends a staggered investment approach — adding on every 15 per cent correction. His first target for the stock stands at Rs 1,075, followed by Rs 1,300 and a final target of Rs 1,700, implying an upside of more than 70 per cent.

The stock’s 52-week high is Rs 912, while the low is Rs 562, suggesting there’s ample room for growth, according to Singhvi.

Aditya Birla Sun Life AMC is a joint venture between the Aditya Birla Group and Sun Life, both strong and experienced promoter groups. The company has a solid management team and a growing share in the equity asset category.

The company's AUM is exceeding Rs 4.4 trillion, the AMC is among India’s leading asset management players. Its Systematic Investment Plan (SIP) market share currently stands at 5 per cent, and the management aims to expand it to 8–9 per cent in the coming years.

On the valuation front, the stock trades at a P/E multiple of 25.6x, which is lower than the industry average of 31.2x, making it one of the cheapest stocks in its segment. Over the past three years, the company’s Return on Equity (ROE) has grown at a 26.7 per cent CAGR.

Brokerage house Motilal Oswal is also bullish on Aditya Birla Sun Life AMC, with a target price of Rs 1,090.

As of June 30, 2025, the company’s average AUM stood at Rs 4.43 trillion, representing 6.24 per cent of the mutual fund industry’s total. The equity segment accounts for 41 per cent of its assets, while debt comprises 36 per cent.

With over 10.7 million investor folios, Aditya Birla Sun Life AMC continues to strengthen its leadership in India’s growing mutual fund landscape — a reason why Singhvi calls it one of his top Diwali picks for long-term investors.

Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate aff