21-Oct-2026 17:09:47
AB SUN LIFE AMC Q2 CONCALL : IMPROVING EQUITY INFLOWS, ₹11 LAKH CR AUM & PASSIVE BUSINESS EXPANSION
• TOTAL AUM INCLUDING INSTITUTIONAL MANDATES CROSSED ₹11 LAKH CR, UP 140% YOY • EQUITY MUTUAL FUND INFLOWS EXPECTED TO IMPROVE, SUPPORTED BY BETTER FUND PERFORMANCE • MANAGEMENT TARGETING HIGHER MARKET SHARE IN EQUITY INFLOWS THROUGH DISTRIBUTOR EXPANSION • SIP AUM AT ₹86,000 CR WITH APPROXIMATELY 41.7 LAKH CONTRIBUTING ACCOUNTS • ETF AUM UP 42% YOY VS INDUSTRY GROWTH OF APPROXIMATELY 27% • PASSIVE BUSINESS MARKET SHARE EXPANSION REMAINS A KEY PRIORITY • SIF BUSINESS AUM AT APPROXIMATELY ₹700 CR; NEW LONG-SHORT STRATEGIES BEING EXPANDED • SIX NEW GIFT CITY FUNDS PLANNED FOR Q3 FY27 TO EXPAND INTERNATIONAL INVESTMENT BUSINESS • REAL ESTATE CREDIT FUND FUNDRAISING TARGETED FOR COMPLETION BY DECEMBER 2026 • ALTERNATIVE INVESTMENT BUSINESS EXPECTED TO SUPPORT HIGHER-VALUE REVENUE GROWTH OVER TIME • ANNUAL ESOP EXPENSES ESTIMATED AT ₹69–75 CR OVER NEXT TWO YEARS • EMPLOYEE EXPENSES EXPECTED TO REMAIN AROUND Q2 LEVELS, SUBJECT TO INFLATION • EPFO & ESIC MANDATES PROVIDE AUM SCALE BUT LIMITED IMMEDIATE PROFIT CONTRIBUTION • HIGHER ESOP COSTS, LOW-YIELD INSTITUTIONAL AUM & SLOW REVENUE CONVERSION REMAIN KEY RISKS
Aditya Birla Sun Life Mutual F