ABSL AMC’s net profit grows by 32% to reach Rs.480 crore in first half of FY 2025

Aditya Birla Sun Life AMC has witnessed net profits of Rs.480 crore in the first six months of the current financial year. The fund house has witnessed 32% in its net profits compared to the corresponding period previous year. 

Here are some key business highlights of the company:

• The quarterly AUM of the fund house has grown by 24% year-on-year to Rs. 4 lakh crore in September 2024
• MF AUM of the fund house has also increased by 23% in one year to reach Rs.3.83 lakh crore
• The AUM of equity funds has risen by 39% year-on-year to Rs. 1.81 lakh crore
• The fund house manages individual assets of Rs.2.03 lakh crore, which is 53% of its entire assets
• The fund house manages AUM of Rs.30,100 crore in passive funds
• The fund house commands over 1 crore folios with monthly SIP book of Rs.1425 crore
• The fund house has over 86,000 KYD-compliant MFDs, 340+ national distributors and 90+ banks serviced through 300+ locations of which over 80% are in B-30 cities