SBI Funds Management Ltd. (SBIFML) is a Joint Venture between SBI and AMUNDI (France), one of the world’s leading fund management companies. Accordingly, SBI currently holds 63% stake in SBIFML and the 37% stake is held by AMUNDI Asset Management.
Established on February 7, 1992, SBI Fund Management Limited is a mutual fund company based in Mumbai, India. It is appointed as an Asset Management Company of SBI Mutual Fund.
Today, the company has emerged to be the top player in India as an advisor for multiple financial institutions, pension funds, and local and international asset management companies. The company provides an array of mutual fund products to customers catering to their investment needs.
SBI Funds Management (SBI AMC) Unlisted Shares Details:
| Sector | Asset Management Company (AMC) |
| Face Value: | ₹ 1 Per Equity Share |
| ISIN: | INE640G01020 |
| Lot Size: | 50 Shares |
| Current Unlisted Share Price: | ₹ 1150 Per Equity Share. Click here to buy now https://buysellunlistedshares.com/buy-sbi-funds-management-shares/ |
SBI AMC Share Price currently is Rs 1150 per equity share.
SBI Mutual Fund grew by 10.83% in terms of average AUM on a year-on-year basis in FY 2023, which is the highest among the top ten fund houses.
SBI MF further consolidated its leadership and top rank in the industry in terms of the average AUM during the year.
The market share gain on the average AUM terms was 0.84% on a year-on-year basis, the highest in the industry. The Fund got over 55% of industry market share of the new net-funds flow during the year.
SBI Mutual Fund Financial Performance P&L FY 2023
The company offers new and innovative products pertaining to the dynamic needs of people. The diversified product offerings help them attract a wide range of investors.