SBI Mutual Fund is a bank sponsored fund house. It is a joint venture between the State Bank of India and AMUNDI a European (France) asset management company. SBI Mutual Fund became the first non-UTI mutual fund in India.
Vision of the Company:
“To be the most preferred and the largest fund house for all asset classes, with a consistent track record of excellent returns and best standards in customer service, product innovation, technology and HR practices.”
It was founded in 1987.
Products & Services:
SBI Mutual Fund offers mutual fund schemes such as Debt Schemes, Equity Schemes, Hybrid Schemes, Exchange-traded fund, Liquid Schemes and Fixed Maturity Plans.
It also offers Portfolio Management and Advisory Services to financial institutions and asset management companies, Offshore Funds and Alternative Investment Funds.
“A PARTNER FOR LIFE”
No. of Employee:
500 to 1, 000
Asset under Management (AUM)
Rs. 98, 000 crore as on Oct. 2015 and it is likely to cross Rs. 1 trillion in near future.
- HDFC Mutual Fund
- ICICI Mutual Fund
- IDBI Mutual Fund