Aditya Birla Sun Life AMC Q2 Results Review


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Aditya Birla Sun Life AMC Ltd.’s revenue from operations at Rs 3,111 million was up/down 2.2%/-6.3% QoQ/YoY, higher than the sequential quarterly average assets under management growth of 0.4% QoQ.

Share of equity in AUM (including hybrid funds) at 43% was up 61 basis points QoQ and 353 bps YoY (calculated on rounded off figures).

Share of B-30 in AUM at 16.3% was up 40 bps QoQ and 44 bps YoY.

Share of mutual fund distributors, banks, national distributors and direct was 32%, 8%, 17% and 43%, respectively in overall AUM (excluding ETF).

Aditya Birla Sun Life AMC’s operating profit margin for the quarter, at 58.6%, was down -104 bps QoQ and -176 bps YoY.

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