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SBI Mutual Fund
Company type
Joint venture
Industry
Investment management
Founded
29 June 1987; 36 years ago (29 June 1987)
Headquarters
Mumbai, India
Area served
India
Key people
Shamsher Singh (MD & CEO)[1] Denys de Campigneulles (Deputy CEO) [2][3] D. P. Singh (Deputy MD & Joint CEO)[4]
SBI Mutual Fund is an Indian asset management company[6] introduced by the State Bank of India (SBI) and incorporated in 1987 with its corporate head office located in Mumbai, India. SBIFMPL is a joint venture between the State Bank of India, an Indian public sector bank, and Amundi, a European asset management company. A shareholder agreement in this regard has been entered on April 13, 2011, between SBI & AMUNDI Asset Management. Accordingly, SBI currently holds 63% stake in SBIFMPL and the 37% stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding. SBI & AMUNDI Asset Management shall jointly develop the company as an asset management company of international repute by adopting global best practices and maintaining international standards.[7]
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"Another Fund Manager Enters the World of Exchange-Traded Funds. What's Behind the Trend". Barrons. Lydon, Tom (December 28, 2020). "The ETF-MutualFund Tide...
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