Business and economics

SBI Mutual Fund recently became the first mutual fund house in India to surpass Rs 10 trillion in assets

Published on 10 Jun 2024

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SBI Mutual Fund recently became the first mutual fund house in India to surpass Rs 10 trillion in assets
  • SBI Mutual Fund (SBI MF) made history on Monday by becoming the first fund house in the country to achieve the Rs 10 trillion milestone in assets under management (AUM). 
  • The industry leader has adeptly navigated the post-pandemic equity boom and capitalised on the increasing awareness of MF investing.
  • This accomplishment was driven by strategic product launches, an expanding investor base, and leveraging SBI’s extensive network.
Source: SarkariPariksha