Aditya Birla Sun Life AMC Limited — Q1FY27 earnings call summary

Filed 21 July 2026 · Company audio recording

Retail license at GiveCity enables NRI/global investor access; plans to launch Emerging Market Equity and India Growth Funds.
Management expects active funds to remain dominant; passive to scale with low-cost products and new leadership.
ESOP costs added ~Rs 10 cr/qtr to employee expenses; OPEX growth to track inflation.
Monsoon risk due to El Nino could pressure inflation and growth.
Industry AUM grew 14% YoY to Rs 83.14 lakh cr; ABSL AMC AEM rose 42% YoY to Rs 6.08 lakh cr including EPFO/ESIC mandates.
Equity mutual fund AEM up 10% YoY to Rs 1.99 lakh cr; equity mix at 46.25%.
SIP inflows steady at Rs 1,083 cr/month; 5.5 lakh new SIP registrations in Q1.
Passive AEM grew 14% YoY to Rs 47,000 cr; ETF AEM surged 47% YoY.