 "LTCG, Ulips, insurance, equity, MF, mutual funds, growth, cash, Unit Linked Insurance Plans, investments, health,")
SBI Mutual Fund (MF) has become the first fund house to cross the ~4 trillion-mark, according to industry estimates.
“We have seen money coming in from across segments. Amid recent disruptions in the market, flows have come in as SBI MF is seen as a safe fund house. Apart from debt, we are also seeing a significant share of net equity flows coming into our schemes,” said D P Singh, chief business officer at SBI MF.
The surge in market valuations has also contributed to the jump in the asset base to the tune of ~30,000-~35,000 crore.
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