Aditya Birla Sun Life AMC Maintains Yields, Eyes Strong AUM Growth in PMS & AIF

$ABSLAMC expects to maintain current yields with only minor 1-2 basis point fluctuations driven by product mix and telescoping pricing as assets under management (AUM) expand, according to its latest concall guidance. Employee costs are projected to remain stable, largely due to consistent ESOP expenses of around INR 10 crore per quarter. Other operating expenses will rise in line with normal inflation, with no major cost pressures anticipated. Revenue contribution from the alternate business is likely to stay in a similar range, supported by growth across all business lines. Management has set ambitious targets to grow its PMS long-only equity AUM to INR 20,000-21,000 crore over the next three years. It also plans to scale AIF performing credit and real estate credit funds to INR 2,000 crore each. The strategy underscores ABSLAMC’s focus on balanced growth, cost discipline, and expansion in high-potential alternative investment segments.