SBI Mutual
Fund: AUM Crossed Rs.5 lakh crore
SBI Mutual Fund has crossed AUM of
Rs.5 lakh crore in March 2021.
In the last one year, SBI MF’s AUM
has grown to Rs 5.04 lakh crore from Rs 3.73 lakh crore recording a growth of
35 %.
The market share of the fund house
has also grown from 13.82% to 15.71% in the last one year.
The mutual fund company attributed this growth to increase in the systematic
investment plan (SIP) investment.
The SBI Mutual Fund SIP book has
increased to Rs 1,382 crore from Rs 1,180 crore over the last one year recording
a growth of 17%.
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