Aditya Birla Sun Life AMC Limited (ABSL AMC) announces financial results for Q3 FY22

• Operating Profit before Tax (excluding other income) for Q3 FY22 grew by 53% YoY to Rs.2,302 million
• Profit after Tax for Q3 FY22 grew by 27% YoY to Rs.1,862 million
• MF QAAUM witnessed growth of 17% YoY to Rs.2,988 billion in Q3 FY22
• Equity MF QAAUM increased by 39% YoY to Rs.1,220 billion in Q3 FY22
• Equity mix to overall MF QAAUM has grown from 34.3% to 40.8% YoY
• ABSL AMC serviced 7.6 million folios for the quarter ending December 31, 2021. Added around 9,80,000 new folios in 9M FY22
• Monthly systematic inflows for December 2021 is Rs.8,921 million from 3.11 million accounts

Mumbai: Aditya Birla Sun Life AMC Limited (ABSL AMC), a part of Aditya Birla Capital Limited, announced its financial results for the quarter and nine months ending December 31, 2021.

Business Highlights:

• As on December 31, 2021, ABSL AMC is the 4th largest asset management company in India and largest non-bank affiliated AMC with QAAUM of Rs.2,988 billion
• ABSL AMC’s total QAAUM including Alternate assets stood at Rs.3,109 billion for the quarter ending December 31, 2021.
• Equity MF QAAUM has increased by 39 per cent YoY to Rs.1,220 billion for Q3 FY22. Equity MF mix is at 40.8 per cent for Q3 FY22.
• Individual Monthly AAUM has increased by 15 per cent YoY to Rs.1,414 billion for December 2021. Individual mix is at 47.9 per cent of total AUM.
• B-30 Monthly AAUM has increased by 11 per cent YoY to Rs.469 billion for December 2021. B-30 mix is at 15.9 per cent of total AUM.
• ABSL AMC serviced 7.6 million folios for the quarter ending December 31, 2021. Added around 9,80,000 new folios in 9M FY22.
• Monthly systematic inflows for December 2021 is Rs.8,921 million with 3.11 million accounts.
• Registered around 3,24,000 new SIP (including STP) for Q3 FY22 increase of 68 per cent YoY.
• For 9M FY22, around 83 per cent of overall transactions done digitally and 76 per cent new Folios created digitally.
• Over 69,000 KYD-compliant MFDs, 240+ National Distributors and 100+ Banks/Financial intermediaries serviced through 280+ locations of which over 80 per cent is in B-30 cities.

Financial Highlights:

• Q3 FY22 Operating Revenue is at Rs.3,343 million up 20 per cent YoY.
• Q3 FY22 Operating Profit before Tax (excluding other income) is at Rs.2,302 million up 53 per cent YoY.
• Ratio of Profit before Tax to AAUM stood at 33.1 bps in Q3 FY22 versus 30.1 bps in Q3 FY21.
• Q3 FY22 Profit after Tax is at Rs.1,862 million up 27 per cent YoY.
• Return on Equity (annualised) for 9M FY22 was 36.8 per cent.

About Aditya Birla Sun Life AMC Limited

Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is a joint venture between the 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, with a pan India presence across 280 plus locations and a total AUM of over Rs.3,109 billion under its suite of mutual fund (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings and 7.6 million investor folios for the quarter ending December 31, 2021.

For any media queries, please contact:
Amrita Panja
Email: Amrita.Panja@adityabirlacapital.co