SBI Mutual Fund
Established in 1987 as the first non-UTI mutual fund in India, SBI Mutual Fund has grown into the country's largest asset management company, managing over ₹12.63 lakh crore in assets as of late 2025. It operates as a strategic joint venture between the State Bank of India (63% stake) and the French global asset manager Amundi (37% stake), combining vast domestic reach with international investment expertise. The fund house offers a comprehensive suite of nearly 90 schemes across equity, debt, hybrid, and passive categories, including popular flagship products like the SBI Bluechip Fund and SBI Contra Fund. Known for pioneering market innovations such as India’s first ESG fund, the AMC is currently preparing for a landmark Initial Public Offering (IPO) in 2026 to further scale its operations and digital infrastructure.
