SBI Debt Mutual Funds
About This AMC
SBI Mutual Fund (SBIMF) India's and largest mutual fund in India in terms of assets managed.
SBI Mutual Fund was established on 29th June 1987 as a Trust sponsored by the State Bank of India, registered with SEBI on 23rd December 1993. Later, it became a joint venture with AMUNDI Asset Management (a French AMC), with SBI holding a 63% stake and AMUNDI holding 37%.
In 2013, SBI Mutual Fund also acquired Daiwa Mutual Fund, with a corpus of ₹266 crores.
Currently, Mr Shamsher Singh is the Managing Director & CEO of SBIMF. R Srinivasan is the CIO (Chief Investment Officer) on the equity side of SBI Mutual Fund and manages one of the largest small cap mutual fund schemes: SBI Small Cap Fund (₹20,000+ crore)
SBI Mutual Fund had IPO (Initial Public Listing) plans in 2022, but they were later shelved.
SBI Mutual Fund offers three of the largest mutual fund schemes in India: SBI Liquid Fund (AUM: ₹65,000+ crore), SBI Equity Hybrid Fund (AUM: ₹~60,000 crore) and SBI Bluechip Fund (₹35,000+ crore).
As of February 2024
Schemes
127
AUM
₹10,85,623 Cr
AUM growth
-₹35,367 Cr
Fund managers
32
