SBI Funds Management Ltd, the asset manager for SBI Mutual Fund, has demonstrated solid business expansion as its quarterly average assets under management (QAAUM) grew by 10 per cent year-on-year to reach ₹13.1 trillion for the quarter ending September 30, 2026. This sustained asset growth was matched by strong financial metrics, with the company reporting a 12 per cent year-on-year increase in operating revenue to ₹2,336 crore for the first half of the financial year. Meanwhile, operating profit for the same six-month period climbed 11 per cent to ₹1,797 crore, showing steady overall performance even as operational profitability gains grew at a slightly slower pace than overall top-line revenue. A significant contributor to this progress remains the company’s robust position in retail-focused financial instruments and core investment solutions. Actively managed equity assets reached an average of nearly ₹9 trillion during the September quarter, marking a 9 per cent year-on-year jump and securing a 12.4 per cent market share in this specific category. Concurrently, assets under management tied to systematic investment plans (SIPs)—which enable investors to invest fixed sums periodically—rose 15 per cent to ₹2.07 trillion, representing a 12.3 per cent market share. This notable expansion in both equity products and systematic savings underlines the deep trust placed in the firm’s diverse offerings and highlights its immense footprint across India’s financial market. backed by the State Bank of India alongside French asset manager Amundi, SBI Funds Management maintains a commanding 15 per cent overall industry market share, maintaining its rank among the nation’s premier asset management enterprises. Boasting more than 34 years of operational experience, the organization’s varied portfolio encompasses actively managed equity schemes, passive index funds, tailored portfolio management services, and specialized alternative investment options. To support this extensive scale of operations, the company relies on an expansive physical network comprising 297 official branches and acceptance points alongside a workforce of 2,141 employees as of late September 2026. This comprehensive distribution structure serves a massive nationwide investor base exceeding 1.85 crore customer accounts. Overall, the simultaneous uptick in managed assets, systematic investment commitments, and top-line operational income clearly reflects continuing business expansion for SBI Funds Management, reinforcing its position as a central market leader in India’s continuously evolving asset management ecosystem.
