SBI Mutual Fund is one of the India’s largest bank-backed mutual fund with an asset under management of around Rs 11 lakh crore. The asset management company has several top performing schemes ...

With the latest stake increase, the final holding of SBI Mutual Fund under its various schemes, as at the close of business hours on September 10 was over 4.64 crore shares which is 7.47 percent.

The Nifty Bank Index represents the performance of India’s leading banking stocks, with a maximum of 12 companies listed on the National Stock Exchange (NSE). The fund aims to deliver returns ...

State Bank of India in a statement said that the lender is exploring opportunities to offload 6% stake in the SBI Funds Management through IPO route. Currently, SBI has 63% stake in the fund house ...