Page 6 - Sbi Mutual Fund

SBI Mutual Fund asset base crosses Rs 5 trillion-mark in March quarter

The fund house's average asset under management (AAUM) rose to Rs 5.04 trillion in 2020-21 from Rs 3.73 trillion in the preceding fiscal

MFs log strong 19% AUM growth at Rs 32.1 trillion in March quarter

SBI cements pole spot, widens lead over HDFC MF; Among top 10, Axis MF has logged highest growth in average AUM at 42% to Rs 1.96 trillion

SBI Magnum Medium Duration Fund: Active management of credit risk, duration

The fund maintained modified duration in the range of 1.7 years to 3.7 years during the past 3 years, averaging 3 years

International funds in focus as diversification theme gains ground

Sebi's easing of investment norms has encouraged MFs to look at the category more seriously

SC nod for SBI MF plan to distribute Rs 9,122 cr to Franklin unitholders

Distribution mechanism was framed in consultation with Sebi and Franklin Templeton MF

SBI Mutual Fund targets to collect Rs 2,000 cr from retirement scheme

SBI Retirement Benefit Fund, whose new fund offer got announced on Tuesday is retirement solution-oriented scheme offering an option of investing as per an investment plan as based on risk profile

SBI Mutual Fund widens lead as top asset manager in December quarter

The surge in debt inflows, steady performance across schemes, and the money from the Employees' Provident Fund Organisation (EPFO) are factors that have boosted SBI MF's assets, said market observers

SBI Mutual Fund raises stake in private lender CSB Bank to over 5%

Private sector lender CSB Bank on Tuesday said SBI Mutual Fund has increased its stake in the bank to over 5 per cent

Azim Premji, SBI MF invest Rs 350 cr in Tube Investments preferential issue

The money will be used to fund TII's organic and inorganic growth, including acquisition of CG Power and Industrial Solutions and TII's proposed capex

Mrs Bector IPO subscribed 3.72 times on Day-1 on strong retail interest

The company on Monday allotted shares worth Rs 162 cr to anchor investors Goldman Sachs India, SBI MF, Bajaj Allianz Life Insurance, among others

Navneet Munot to head HDFC MF as Milind Barve's term ends on Jan 31

Munot is currently CIO and executive director at SBI MF, a position he has held the past 12 years

Navneet Munot quits SBI MF, set to become MD & CEO of HDFC Mutual Fund

HDFC Mutual Fund on Monday said its board of directors had approved the appointment of Navneet Munot as its next managing director and chief executive officer

SBI MF to launch Children's Benefit Fund-Investment Plan on Sept 8

This is an open-end fund that will be part of SBI Magnum Children's Benefit Fund, which already has a savings plan, a predominantly debt-oriented offering

SBI MF to stop accepting lump sum investments into Small Cap Fund

The Nifty Smallcap 100 index has surged nearly 40 per cent for the three months ended August

Operational strength, subsidiaries to drive State Bank of India's re-rating

Annual operating profit of Rs 60,000 crore good enough to absorb any increase in provisioning, while high growth potential subsidiaries to drive valuations

SBI Mutual Fund appoints Vinay Tonse as MD and CEO

Fund house had average assets under management of Rs 3.64 trillion in June quarter

SBI MF becomes first fund house to cross Rs 4 trillion-mark in asset base

Asset manager has seen strong flows on both debt and equity side

SBI MF becomes largest fund house with average assets of Rs 3.74 trn

SBI Mutual Fund has emerged as the largest fund house in the country with average assets of Rs 3.74 trillion in the March quarter, rising 6% from the previous quarter

SBI Mutual Fund, Amundi pick up stakes in CG Consumer block deal

Nearly 51 million shares exchanged hands on Tuesday in the block deal

Growth facing structural, cyclical issues: SBI Mutual Fund's Navneet Munot

Cyclically, global growth and challenges in the NBFC sector are at play, says Navneet Munot