SBI Mutual Fund

SBI Mutual Fund on Friday bought stakes in Adani Enterprises and Adani Energy Solutions from US-based GQG Partners for Rs 5,747 crore through open market transactions. SBI Mutual Fund purchased 1,64,39,984 shares representing nearly a 1.3 per cent stake in Adani Enterprises, the flagship entity of the Adani Group, according to block deal data on the National Stock Exchange (NSE). In addition, SBI MF also acquired 63,65,796 shares, amounting to a 0.52 per cent stake in Adani Energy Solutions. The shares were picked up in the price range of Rs 1,504.80-2,913.40 apiece, taking the combined transaction value to Rs 5,747.55 crore. Meanwhile, Rajiv Jain-backed GQG Partners, through its affiliate GQG Partners Emerging Markets Equity Fund, offloaded the same number of shares in the two Adani group companies. The stake buy comes after SBI Mutual Fund last month acquired a 0.45 per cent stake in Adani's flagship firm Adani Enterprises, for Rs 1,435 crore. Shares of Adani Enterprises rose 2

GQG Partners sold a 0.46% stake in Adani Enterprises for ₹1,435 crore, while Bagmane Prime Office REIT debuted strong and private credit funds gained momentum

Radhakrishnan said a persistent supply shock accompanied by a weaker currency can negatively impact inflation and fiscal direction, given the likelihood of higher subsidy requirements

However, industry officials are divided on the benefits of easing exit load structures

Till 12:57 PM on Monday, a combined 19.96 million shares representing 1.23 per cent of Bandhan Bank's total equity changed hands on the NSE (19.15 million shares) and BSE (0.81 million shares).

The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday. Bandhan Bank informed stock exchanges that the RBI, through a letter dated February 25, 2026, accorded its approval to the fund house to acquire up to 9.99 per cent of the paid-up share capital or voting rights in the lender. The approval is subject to compliance with the provisions of the Banking Regulation Act, 1949, the Reserve Bank of India (Commercial Banks ' Acquisition and Holding of Shares or Voting Rights) Directions, 2025 dated November 28, 2025, as amended from time to time, the Foreign Exchange Management Act, 1999, and regulations issued by the Securities and Exchange Board of India, among other applicable statutes and guidelines, the bank said. The RBI has stipulated that if the applicant fails to acquire the major shareholding within one year from the date of its letter, the approval

The planned share sale comes as India's market for first-time public offerings slows after two consecutive years of record fundraising

The SBI Nifty Midcap150 Momentum 50 ETF is benchmarked against the Nifty Midcap 150 Momentum 50 Index

These funds carry valuation risk and can lag during speculative phases of bull markets

SBI's Q3FY26 net profit rose 24.5 per cent to ₹21,028 crore on higher NII and non-interest income. The bank raised FY26 credit growth guidance to 13-15 per cent

SBI MF launches a quality-focused fund, Union AMC enters the SIF space, and MSE moves to boost equity market liquidity with new market makers

The remaining 6.75 billion rupees and 12.75 billion rupees will be raised through four- and five-year papers, ‌respectively, the bankers said

SBI Mutual Fund, the biggest fund house, has initiated the process for the appointment of merchant bankers and other service providers to facilitate an initial public offering (IPO). The boards of respective shareholders, like SBI and Amundi, and the board of SBI Funds Management Ltd (SBIFML) have approved a timeline of 12 months, SBI Chairman C S Setty told PTI in an interview. "We are very seriously working on that, and in this timeline we should hit the market...we have started the process of identifying the merchant bankers and other service providers," Setty, who is also chairman of SBIFML, said. SBIFML is a joint venture between State Bank of India and Paris-based Amundi, with 61.98 per cent and 36.40 per cent stake, respectively. The fund house managed assets of around Rs 12 lakh crore as of September 2025. The company's two promoters plan to sell a combined 10 per cent stake through the public offering. Last month, SBI approved the offloading of 3,20,60,000 equity shares,

State Bank of India and joint venture partner Amundi will sell 10% stake in SBI Funds Management through an IPO in 2026, expected to raise Rs 11,000-13,000 crore

SBIMF IPO news: SBI MF is a joing venture between SBI and AMUNDI Asset Management. State Bank of India owns a majority stake of approximately 61.9 per cent in SBI Mutual Fund

SBI plans to list SBI Mutual Fund and SBI General Insurance to unlock shareholder value, Chairman CS Setty said at BS BFSI Insight Summit 2025. SBI share hits record high

By leveraging BlackRock's SAE approach, the fund will aim to deliver long-term capital appreciation, while adapting to market dynamics

The strategy will primarily invest between 65% and 75% of its assets in equity and equity-related instruments

The scheme also has the mandate to invest up to 10 per cent in real estate investment trusts and infrastructure investment trusts and up to 25 per cent in unhedged derivatives

Nifty gained for the seventh straight session, closing above 25,000 for the first time since August 21, though the rally's pace was modest compared to April's strong surge