Sbi Funds Management

India’s biggest asset manager plans to ask banks to pitch for mandates to work on the IPO in the coming weeks, the people said, asking not to be identified because the information is private. SBI Funds may be valued at $12 billion

SBI Funds Management appoints Shamsher Singh as MD, CEO

Singh, who was deputy managing director at State Bank of India (SBI), has taken over the charge from Vinay M Tonse following his repatriation to the public sector lender, the asset management company said in a statement.

Franklin Templeton MF unitholders to get Rs 2,918 crore in sixth tranche

After the payout, the total disbursement will reach Rs 23,999 crore, amounting to 95.18 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said on Sunday.

Franklin Templeton unitholders to get Rs 2,962 crore in second tranche 

SBI MF has already distributed Rs 9,122 crore to investors as directed by the Supreme Court earlier.

Vinay Tonse takes charge as SBI Funds MD & CEO

Tonse, who was on deputation to the company since June 22, 2020, takes over from Ashwani Bhatia who now returns to parent SBI as its Managing Director

Manappuram Fin: SEBI disposes of insider trading charges against SBI MF, Aditya Birla Sunlife MF

The information of negative profit for the fourth quarter of FY2012-13, which is deemed to be price sensitive information, was disclosed to the stock exchanges by MFL on March 20, 2013 after market hours and the information was already in the public domain before that.

SBI Funds first to cross Rs 20,000-crore AUM in ETFs

SBI Funds Management (SBIFM) today said it has become the country's first asset manager to cross Rs 20,000 crore of AUM in exchange-traded funds (ETFs).

Anuradha Rao appointed as MD, CEO of SBI Mutual Fund

Prior to this, Rao was Deputy Managing Director at SBI handling New Business Portfolio. She has also worked as the Chief General Manager of personal banking at the bank.

Going forward, rate cuts will surprise positively: SBI MF

Munot says going forward, the quantum of rate cuts by the RBI could be more than what the market is expecting.

SBI MF launches Capital Protection Oriented Fund Series II

SBI Mutual Fund has launch SBI Capital Protection Oriented Fund Series II, which is expected to appeal to investors with low to medium risk appetite given the volatile and uncertain equity markets, HNIs in the highest tax bracket, as also Provident Funds and Trusts looking to invest in equity markets, but requiring capital protection as well.