As of December 31, 2020, the company had a network of over 64,500 local mutual fund distributors, over 240 national distributors and over 100 banks.
As of December 31, 2020, ABSL AMC had 135 schemes. This includes 35 equity mutual funds, 93 debt funds (including 75 fixed-maturity schemes), 2 liquid schemes and 5 ETFs.
Customers include individuals and institutions.
Automated and digitized operations for customer application process, online transactions, fund management, customer service, video facility for KYC process among others.
As of December 31, 2020, ABSL AMC was the fourth-largest player in terms of market share in individual monthly average AUM.
ABSL AMC offers a range of systematic transaction options like SIPS, STPs and SWPs.
Company's revenue is dependent on the AUM of the mutual fund schemes.
Volatility in stock markets could cause investors to reduce their investments in such funds and eventually reduce the company's AUM.
Unfavourable interest rates, defaults and credit risk to the debt portfolio of funds may expose funds to losses
Unfavourable investment opportunities and economic conditions will hamper AUM growth
Heavy dependence on financial literacy of investors
Dependent on third-party distribution channels for distribution of mutual funds
Subject to extensive regulation, including periodic inspections by SEBI
Mutual fund business in India depends a lot on a favourable tax regime.
Employee fraud or misconduct could harm reputation
Does not own branch offices, registered office and corporate office. Failure to renew the lease could affect operations
Ability to pay dividends depends on future earnings