SBI Fund Management Limited (SBI MF) is a leading asset management company in India with a track record of over 30 years. It is a joint venture between the State Bank of India, India's largest bank, and Amundi Asset Management, a global asset management company. It is the largest mutual fund house in India.
SBI MF manages a diverse range of mutual fund schemes across equity, debt, hybrid, and solution-oriented categories. With a customer-centric approach, SBI MF aims to offer innovative and customized investment solutions to meet the varying needs of its investors.
The company has a robust distribution network, including over 223 branches, 33 Investor Service Centres, and a strong online presence. It has also received several awards for its investment performance and fund management expertise.
|
SBI Funds Management Limited Outstanding Shares: |
50,33,05,156 |
| Face Value of SBI Funds Management Limited Unlisted Share: | Rs. 1 Per Equity Share |
| ISIN of SBI Funds Management Limited Unlisted Share: | INE640G01020 |
| Lot Size of SBI Funds Management Limited Unlisted Share: | 100 Shares |
| SBI Funds Management Limited Share Price: | Best in Industry |
CIN of SBI Funds Management Limited |
U65990MH1992PLC065289 |
Incorporation Date of SBI Funds Management Limited |
07 February 1992 |
Category/Sub-category of SBI Funds Management Limited |
Limited by Shares/ Non-govt company |
SBI Funds Management Limited Registered office and contact details |
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East) Mumbai MH 400051 IN |
SBI Funds Management Limited Registrar and Transfer Agent |
Datamatics Business Solutions Limited Mr. Krishan Kant, Chief Manager, Zuari Finserv Limited Plot No. 2, Community Centre Zamrudpur, Kailash Colony Extension, New Delhi-110048 |
|
Name and Description of main products/services |
NIC Code of the product/services |
% to the total turnover of the Company |
|
Investment Management |
66301 |
93.79% |
Fathi Jerfel, Director
Dinesh Khara, Director/Promoter
Ram Narayanan Colathur, Director
Moiz Mohsin Miyajiwala, Director
Sudha Krishnan, Director
Shekhar Bhatnagar, Director
Swaminathan Janakiraman, Director
Ram Mohan Tiruvallur Thattai, Director
Shamsher Singh, Director
|
S. No. |
Name of the Company |
Holding/ Subsidiary/ Associate/ Joint Venture |
% of Shares held |
|
1. |
SBI Funds Management (International) Private Limited |
Subsidiary |
100% |
|
2. |
SBI Pension Funds Private Limited |
Associate |
20% |
|
S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoters Group |
50,00,33,672 | 99.35% |
|
2. |
Public Shareholding |
32,71,484 | 0.65% |
|
|
Total |
50,33,05,156 |
100% |
The mutual fund industry is a vital component of the financial services sector, providing investors with a broad range of investment options. Despite some challenges in recent years, the mutual fund industry remains a resilient and growing market.
One of the key trends in the mutual fund industry is the increasing popularity of passive investing strategies, which offer investors low-cost exposure to various asset classes. This has put pressure on active fund managers to justify their fees and deliver strong returns. Another trend is the growth of environmental, social, and governance (ESG) investing, which has gained popularity as investors seek to align their investments with their values.
In terms of challenges, the mutual fund industry faces increased regulatory scrutiny, particularly around fees and disclosures. The rise of fintech and robo-advisors also presents a competitive threat, as these technologies offer investors low-cost investment options and personalized advice.
Overall, the mutual fund industry is expected to continue to evolve and adapt to meet the changing needs and preferences of investors. While there may be some short-term challenges, the industry is likely to remain a key player in the financial services sector.
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