Aditya Birla Sun Life AMC's total MF QAAUM grew 15% YoY/flat QoQ to Rs 3.82 trillion, led by 9%/13%/18%/16%/13% YoY growth in Equity/Debt/ETF/ Hybrid funds/Index. (Photo Source: Freepik)
Aditya Birla Sun Life's market share across segments is expected to improve with an improving fund performance (~85% of funds are beating benchmarks). The expansion of the alternate and offshore business, strong fund performance, market share improvement, and re-bounce in SIP flows will be beneficial for the company’s profitability.