Transcript of Earnings Conference Call on Unaudited Financial Results of the Company for the quarter ended June 30, 2026.

Ref. No.: ABSLAMCL/PS/57/2026-27 July 24, 2026 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’am, Sub: Transcript of the Earnings Conference Call for the quarter ended June 30, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the Earnings Conference Call on Unaudited Financial Results of the Company for the quarter ended June 30, 2026, held on Tuesday, July 21, 2026. The above information is also available on the website of Company at https://mutualfund.adityabirlacapital.com/shareholders/financials. We request you to kindly take the aforesaid information on record. Thanking you. Yours sincerely, For Aditya Birla Sun Life AMC Limited Prateek Savla Company Secretary and Compliance Officer ACS 29500 Encl: as above “Aditya Birla Sun Life AMC Limited Q1 FY27 Earnings Conference Call” Tuesday, 21st July 2026 MANAGEMENT TEAM: • MR. A BALASUBRAMANIAN – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER – ABSLAMC LIMITED • MR. PRADEEP SHARMA – CHIEF FINANCIAL OFFICER – ABSLAMC LIMITED • MR. PARITOSH CHITTORA – HEAD OF INVESTOR RELATIONS – ABSLAMC LIMITED Page 1 of 15 Aditya Birla Sun Life AMC Limited Tuesday, 21st July 2026 Moderator: Ladies and gentlemen, good day and welcome to the Aditya Birla Sun Life Asset Management Company Limited Q1 FY27 Earning Conference Call hosted by RIK Capital. We have with us today from the Management Mr. A. Balasubramanian – Managing Director and CEO, Mr. Pradeep Sharma – Chief Financial Officer, Mr. Paritosh Chittora – Head Investor Relations. As a reminder all participant line will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation conclude. Should you need assistance during the conference call please signal an operator by pressing “*” then “0” on your touch-tone phone. Please note that this conference is being recorded. Before we proceed with this call, I would like to take this opportunity to remind everyone about the disclaimer related to this conference call: Today's discussion may be forward-looking in nature based on management current beliefs and expectations. It must be viewed in conjunction with the risk that the business faces that could cause our future result performance or achievement to differ significantly from what may be expressed or implied by such forward-looking statement. I now hand the conference over to Mr. A. Balasubramanian Thank you and over to you sir. A. Balasubramanian: Thank you. Good evening, everyone. Thank you all for joining the call for Q1 FY27 Investors Call. I hope you all had the opportunity to read through the Earnings Presentation. It's available on both the stock exchanges and our company website. Let me begin by sharing our perspective on the current macroeconomic environment. The global economy as is known has shown real resilience this quarter navigating the uncertainty from the West Asia conflict with the limited impact on activity so far. We continue to have uneasy kind of calm. The IMF projects global growth moderating to about 3% in 2026 and before improving to 3.4% FY27. As war-related disruption gives way to the strengthening of AI and technology investment cycle. Inflation may rise modestly keeping Central Banks cautious on easing. Risk from geopolitics, commodities and trade fragmentation remains but outlook is more balanced with the resilient demand and technology-led productivity gains. India has handled this crisis better than most energy importing economies held by diversified imports, timely policy actions and strong buffers and regulated fuel pricing. That said, the higher import costs have pressured the external account with some pass-through into domestic prices. That is why we are seeing the FCNR deposit also being announced by RBI. And growth remains supported by strong private consumption and steady services, improving investment and healthy balance sheet of companies and continuing government CAPEX. Page 2 of 15 Aditya Birla Sun Life AMC Limited Tuesday, 21st July 2026 The key risk is the monsoon, with the IMD expecting below-normal rainfall due to El Niño. Though comfortable foodgrain stocks, healthy reservoirs, and better supply management should soften any food prices impact compared to the past years. Overall, the near-term challenges are real, India remains on track to be among the fastest- growing major economies. Coming specific to the equity markets, Indian equities were volatile but broadly resilient into this quarter, with sentiment shaped by domestic strength, earnings expectations, FII flows, and global developments. And while large caps stayed range-bound amid bouts of profit booking and broader markets outperformed with the Nifty Midcap 150 and Nifty Smallcap 250 both posting gains. FII outflow at various points sustained domestic institutional flows and improving macro fundamentals helped Indian equities to close the quarter on a stable note. Coming to update on the mutual fund industry, the quarterly average AUM stood at ₹83.14 lakh crore as on 30th June 2026 compared to ₹72.13 lakh crore as on 30th June 2025, registering year-on-year growth of 15%. The SIP contribution for industry stood about ₹31,780 crores for June 2026, representing year- on-year growth about 17%. Total mutual fund folios were at ₹29.1 crores as on June 2026, growing by 19% year-on-year, with unique customers close to about ₹5.7 crores. During Q1 FY 2027, the industry saw total NFO collection of approximately ₹4,759 crores across equity and debt mutual funds, with equity collections driven by index funds, aggressive hybrid funds, and value funds. Despite equity market volatility, industry witnessed continuous flows into various schemes, highlighting sustained investor confidence in the long-term growth potential of Indian equities, though we witnessed marginal slowdown in the overall SIP flows. Individual average AUM for June 2026 stood at ₹51.08 lakh crore, contributing for 61% of the total AUM. B-30 cities an average AUM of ₹13.6 lakh crores accounted for 18.5% of the total AUM, growing by 13% year-on-year. Coming to the ABSL AMC performance highlights. At ABSL AMC, we are pleased to announce that overall average AUM, including Alternate assets, surpassed the ₹6 lakh crores milestone this quarter and now stands at ₹6.28 lakh crore, reflecting robust 42% year-on-year growth. This includes the mandate received from both ESIC and EPFO. EPFO got added in the last quarter. Therefore, overall average assets for about one and a half months got added to the overall assets under management. We are pleased to share that we have been entrusted the EPFO mandate approximately about ₹6.08 lakh crore. With this landmark addition, our closing total AUM as on 30th June 2026 has crossed the ₹10 lakh crore milestone. This achievement reflects the trust and confidence our clients and partners have placed in us over the years and stands a testament to the strength of our franchise and investment capability. Page 3 of 15 Aditya Birla Sun Life AMC Limited Tuesday, 21st July 2026 Our mutual fund quarterly average AUM stood at ₹4.28 lakh crore, representing 6% year-on- year increase. Within this, our equity mutual fund quarterly average AUM stood at approximately ₹1.99 lakh crores and growing about 10% year-on-year. Our equity mix for the quarter stood at 46.5%. Our SIP contribution for June 2026 stood at ₹1,085 crores, supported by 40 lakh folios contributing to the SIP account. The total investors folio for June 2026 stood at 1.11 crore, with the new SIP registrations for the quarter is approximately 5.5 lakh new SIP registrations. Our SIP book remains a cornerstone of our long-term wealth creation strategy. Through campaigns l [Showing first 8,000 characters — download PDF for full document]