'We expect passives to account for 15-20% of AUM in 5 yrs'

Summary: Aditya Birla Sun Life AMC’s CEO has a clear view on where the industry is headed and what the next five years hold for his fund house. The harder questions, on slow growth and fees versus margins, get more guarded answers.

Summary: Aditya Birla Sun Life AMC’s CEO has a clear view on where the industry is headed and what the next five years hold for his fund house. The harder questions, on slow growth and fees versus margins, get more guarded answers. How would you describe the past 12 months for your fund house in one sentence? The past 12 months have been excellent, with investment performance back on track across multiple time horizons, strong benchmark outperformance and healthy business momentum. What was your single biggest mistake this year, and what did it cost investors? I can’t recall a significant mistake over the past year. On the contrary, our investors have benefited meaningfully from our investment performance.  That said, in a high-growth industry, we constantly challenge ourselves to achieve more and deliver greater value to investors. What is the one number you watch every morning that is not AUM? I track global market developments every morning. Stayin

This article was originally published on October 23, 2026.