Aditya Birla Sun Life Amc Limited · NSE:ABSLAMC
Aditya Birla Sun Life Amc — Q1 FY24 Earnings Presentation
31 slides from Aditya Birla Sun Life Amc's earnings presentation, Jul 26, 2023
Slide 1: Exchange filing cover letter
Ref. No.: ABSLAMCL/PS/56/23-24 July 26, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street Mumbai-400 001 Plot No. C/1, G Block, Scrip Code: 543374 Bandra Kurla Complex Bandra (East), Mumbai - 400 051 Symbol: ABSLAMC Dear Sir/Ma
Slide 2: Investor Presentation for Quarter ending June 30, 2023
INVESTOR PRESENTATION For Quarter ending June 30, 2023
Slide 3: Staying focused on building scalable business
Staying focused on building scalable business SCALE Scale retail franchise and diversify product offerings EXPAND EXPERIENCE Geographic reach and Leveraging digital strengthen multi-channel platforms to deliver distribution network best-in-class service AUM Sustainable growth growth in SIPs Long Ter
Slide 4: Performance highlights for Q1 FY24
Performance highlights for Q1 FY24 Mutual Fund Equity Individual Revenue PAT QAAUM QAAUM MAAUM ₹ 2,969 bn ₹ 1,186 bn ₹ 1,501 bn ₹ 3,889 mn2 ₹ 1,846 mn Market share1 7.7% Market share 5.4% 14% Y-o-Y 42% Y-o-Y 79% Y-o-Y Equity Mix 39.9% ₹ 287 bn ₹ 8.93 bn ₹ 9.87 bn 0.1 mn folios Passive AUM Commitment
Slide 5: Industry Overview
Aditya Birla Sun Life [9 ]g”] ADITYABIRLA AMC Ltd. SI CAPITAL Industry Overview
Slide 6: Industry QAAUM & Net Sales Trend
Industry QAAUM & Net Sales Trend (INR Billion unless otherwise stated) QAAUM Net Sales -45 473 318 17 1,768 150 37,725 40,492 43,082 598 5,326 5,095 215 133 57 4,252 10,091 191 257 393 717 9,090 9,569 191 153 588 169 204 5,650 412 309 5,561 145 121 -12 5,293 -289 -148 -6 -822 -1,172 20,746 22,014 18
Slide 7: Industry AAUM - Individual & B30
Industry AAUM - Individual & B30 (INR Billion unless otherwise stated) Individual MAAUM B30 MAAUM Individual 58.1 % 55.1 % 57.3 % B-30 Mix 16.6 % 17.1 % 16.9 % Mix 36,983 40,046 44,823 36,983 40,046 44,823 19,152 16,781 16,605 37,240 30,854 33,207 23,265 25,672 20,378 6,129 6,839 7,583 Jun-22 Mar-23
Slide 8: Industry SIP trend
Industry SIP trend SIP Contribution New SIP registrations Count (mn) Live Count (Mn) 55.5 58.4 61.2 63.6 66.5 (Figures in INR bn) 142.8 147.3 7.20 129.8 135.7 6.22 6.47 6.50 122.8 5.95 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Industry SIP book was at INR 147.3 bn in
Slide 9: ABSLAMC Performance Overview
ABSLAMC Performance Overview
Slide 10: Performance at a Glance
Performance at a Glance (INR Billion unless otherwise stated) Q-o-Q Y-o-Y Particulars Jun-22 Mar-23 Jun-23 Change % Change % Mutual Fund QAAuM 2,815 2,752 2,969 8% 5% Equity QAAuM 1,168 1,158 1,186 2% 2% Fixed Income QAAuM1 1,647 1,594 1,783 12% 8% Individual MAAuM 1,315 1,403 1,501 7% 14% Instituti
Slide 11: AUM Highlights
AUM Highlights (INR Billion unless otherwise stated) Closing Assets under Management Quarterly Average Assets under Management Overall MF Equity MF Equity MF Mix Overall Equity MF Equity MF Mix 14% Q-o-Q 11% Q-o-Q 41.3% (PQ: 42.4%) 8% Q-o-Q 2% Q-o-Q 39.9% (PQ: 42.1%) 18% Y-o-Y 13% Y-o-Y 4
Slide 12: Scaling Retail Franchise
Scaling Retail Franchise Strong retail franchise with 7.91 mn folios (as on June 30, 2023) June-23 unless stated otherwise Equity Individual B-30 QAAUM MAAUM MAAUM INR 1,186 bn INR 1,501 bn INR 493 bn Size Q1 FY21 Q1 FY24 June-2020 June-2023 June-2020 June-2023 INR 725 Bn ↑17.8% INR 1,186 Bn INR 1,0
Slide 13: Focus on Growing SIP Book
Focus on Growing SIP Book Higher share of SIPs generates consistent inflows across market cycles Building sustainable SIP Book Long Tenure SIP Book2 New SIP 1 Registrations Number of Live % Count of SIP1 Book in INR (bn) Outstanding SIPs1 (mn) Total SIPs Count (‘000) 91% 277 3.29 3.26 83% 10.03 9.87
Slide 14: Pan India Distribution Network
Pan India Distribution Network One of the largest empaneled distributor base Servicing Investors across 19,000+ Pan-India pin codes 290+ 300+ National Locations Distributors 85+ 74,500+ Banks MFDs 85+ 100+ Emerging Market Digital Locations Partners B-30 Markets of 290+ locations, over 80% are in B-3
Slide 15: Multi-Channel Distribution Network
Multi-Channel Distribution Network Overall Asset Sourcing Mix1 Broad-based sourcing of Equity Assets 10% 9% 9% 13% 11% 10% 15% 18% 17% 18% 20% 20% 31% 32% 32% 51% 54% 54% 44% 41% 42% 17% 15% 16% Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 Direct MFDs National Distributor Bank Direct MFDs Nationa
Slide 16: Multi-Channel Distribution Network Strategy
Multi-Channel Distribution Network Strategy A lean model to expand into deeper markets • Aim to tap into potential rural and emerging markets at an early stage to build early growth Emerging 85 + • Deepening product awareness through continuous engagement drives for investors and Markets EM location
Slide 17: Building our Passives Business
Building our Passives Business 2x ~5,00,000 40 Growth (1) in Passives Investor Folios Serviced Product Bouquet Passive AUM (2) AUM INR bn-> 127 169 216 282 287 14 14 13 12 219 219 11 174 140 102 49 54 14 17 29 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 FOF Index ETF 1 Since Jun-2022 ; 2 Closing AUM for ETFs
Slide 18: Alternative Assets
Alternative Assets PMS / AIF Real Estate Offshore QAAUM QAAUM QAAUM INR 19.23 bn INR 5.77 bn INR 89.87 bn Closed India Equity Services Fund (CAT III Aditya Birla Real Estate Credit Launched AIF) with Commitment of INR 8.93 bn Opportunities Fund (Cat II AIF) “ABSL Global Emerging Market Equity Fund (
Slide 19: Our Digital Assets & Partnerships
Our Digital Assets & Partnerships 76% Customer 91% Distributor 83% Digital Onboarding Onboarding Transaction Investor Assets Partner Assets Enhancing Digital Customer Journey Capabilities Automation • Launched integrated purchase journey with Turbo STP • Automated internal process to update email id
Slide 20: Investor & Distributor Engagement
Investor & Distributor Engagement Aim to educate existing and next generation of investors and distributors Reached 10,00,000+ people through conducting over 13,800 training sessions1 SAMRIDDHI MAGAZINE INVESTORS HANGOUTS PROGRAM 5.3 million+ passengers across 26 routes 1 Generated 7,42,000+ views o
Slide 21: Financial Performance
Aditya Birla Sun Life [9 ]g”] ADITYABIRLA AMC Ltd. SI CAPITAL Financial Performance
Slide 22: Summary of Financial Statements - Quarterly
Summary of Financial Statements - Quarterly Statement of Profit & Loss Account (INR million unless otherwise stated) Quarter ending Change Particulars Jun-23 Mar-23 Jun-22 Q-o-Q Y-o-Y Revenue from Operations 3,112 2,970 3,045 5% 2% Employee Benefits Expense 774 665 657 16% 18% Fees and Commission Ex
Slide 23: Summary of Financial Statements
Summary of Financial Statements Balance Sheet (INR million unless otherwise stated) As at Particulars 30th June 2023 31st March 2023 Share Capital 1,440 1,440 Other Equity 25,624 23,730 Total Equity 27,064 25,170 Financial Liabilities 1,532 1,468 Non-financial Liabilities 1,171 1,243 Total Equity &
Slide 24: Notes of Financials
Notes of Financials 1. The financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards ('Ind AS'), notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as a
Slide 25: Annexure
Aditya Birla Sun Life [9 ]g”] ADITYABIRLA AMC Ltd. CAPITAL Annexure
Slide 26: Eminent Board of Directors
Eminent Board of Directors Sandeep Asthana Amrit Kanwal Vishakha Mulye A. Balasubramanian Non-Executive Director Non-Executive Director Non-Executive Director Managing Director & CEO Navin Puri Alka Bharucha Sunder Rajan Raman Independent Director Independent Director Independent Director Supratim B
Slide 27: Experienced Management Team
Experienced Management Team Senior management team with us for over 10 years and instrumental in our growth and success A Balasubramanian Managing Director and CEO Mahesh Patil Bhavdeep Bhatt Vikas Mathur Anil Shyam Chief Investment Officer Head - Retail Sales Head - Institutional Sales Head - Alter
Slide 28: Thank You
Aditya Birla Sun Life [9 ]g”] ADITYABIRLA AMC Ltd. CAPITAL Thank You
Slide 29: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute a prospectus, an offering circular, an advertisement, a private placement offer letter or offer document or an offer or the recommendation or solicitation of an offer or invitation to purchase or sell any securitie
Slide 30: Press Release: Key Highlights
PRESS RELEASE Key Highlights • Revenue grew by 42% year-on-year from Rs. 2,737 million to Rs 3,889 million • Profit after tax grew by 79% year-on-year from Rs. 1,028 million to Rs. 1,846 million • Mutual Fund QAAUM was at Rs. 2,969 billion in Q1 FY24 • Equity Mutual Fund QAAUM was Rs. 1,186 billion
Slide 31: Financial Highlights and About ABSLAMC
Financial Highlights: 1. Q1 FY24 Revenue was at Rs. 3,889 million up 42% year-on-year 2. Q1 FY24 Profit after Tax was at Rs. 1,846 million up 79% year-on-year About Aditya Birla Sun Life AMC Limited Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is co-owned and backed by Aditya Bir
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