Aditya Birla Sun Life AMC Limited (ABSL AMC), a part of Aditya Birla Capital Limited, announced its unaudited financial results for the quarter ending June 30, 2022

Operating Revenue for Q1 FY23 is at Rs. 3,045 million

Operating Profit Before Tax for Q1 FY23 is at Rs 1,716 million

Profit after Tax for Q1 FY23 is at Rs. 1,028 million

MF QAAUM witnessed growth of 2% Y-o-Y to Rs. 2,815 billion in Q1 FY23

Equity MF QAAUM increased by 14% Y-o-Y to Rs. 1,168 billion in Q1 FY23

Equity mix to overall MF QAAUM has grown from 37.3% to 41.5% Y-o-Y

ABSL AMC serviced 8.1 million folios for the quarter ending June 30, 2022

Monthly systematic inflows for June 2022 is Rs. 8,977 million from 3.21 million accounts

Mumbai: Aditya Birla Sun Life AMC Limited (ABSL AMC), a part of Aditya Birla Capital Limited, announced its unaudited financial results for the quarter ending June 30, 2022.

Business Highlights:

As on June 30, 2022, ABSL AMC is largest non-bank affiliated AMC with Mutual Fund QAAUM of Rs. 2,815 billion.

ABSL AMC's total QAAUM including Alternate assets stood at Rs. 2,926 billion for the quarter ending June 30, 2022.

Equity MF QAAUM has increased by 14% Y-o-Y to Rs 1,168 billion for Q1 FY23. Equity MF mix is at 41.5% for Q1 FY23.

Individual Monthly AAUM at Rs 1,315 billion for June 2022. Individual mix is at 48.2% of total AUM.

B-30 Monthly AAUM at Rs 435 billion for June 2022. B-30 mix is at 15.9% of total AUM.

ABSL AMC serviced 8.1 million folios for the quarter ending June 30, 2022. Added around 2,02,000 new folios in Q1 FY23.

Monthly systematic inflows for June 2022 is Rs. 8,977 million with 3.21 million accounts.

Registered around 2,77,000 new SIP (including STP) for Q1 FY23 increase of 23% Y-o-Y.

For Q1 FY23, around 85% of overall transactions done digitally and 76% new Folios created digitally.

Over 65,000 KYD-compliant MFDs, 240+ National Distributors and 100+ Banks/Financial intermediaries serviced through 280+ locations of which over 80% is in B-30 cities.

Financial Highlights:

Operating Revenue for Q1 FY23 is at Rs. 3,045 million vs Rs. 3,032 million in Q1 FY22

Operating Profit Before Tax for Q1 FY23 is at Rs 1,716 million vs Rs 1,728 million in Q1 FY22

Interest rate and equity market volatility led to Mark-to-Market (MTM) impact on Other Income resulting in reduction in Profit Before Tax for Q1 FY23 to Rs 1,408 million vs Rs 2,093 million in Q1 FY22

Q1 FY23 Profit after Tax is at Rs. 1,028 million vs Rs. 1,549 million in Q1 FY22

About Aditya Birla Sun Life AMC Limited

Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is co-owned and backed by Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.

ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, servicing around 8.1 million investor folios with a pan India presence across 280 plus locations and a total AUM of over Rs. 2,926 billion for the quarter ending June 30, 2022 under its suite of mutual fund (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings.

Contact:

Media

Mr. Jayesh Khilnani

Email: [e-mail]

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