SBI टॉप स्कीम @25.09% रिटर्न | सिर्फ एक बार जमा करें ₹1लाख फिर पाएं ₹25,16,271 | SBI Mutual Fund
SBI टॉप स्कीम @25.09% रिटर्न | सिर्फ एक बार जमा करें ₹1लाख फिर पाएं ₹25,16,271 | SBI Best Mutual Fund
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The SBI Mutual Fund was set up on June 29, 1987 and was incorporated on February 7, 1992. It was India’s second Mutual Fund after the Unit Trust of India started operations in 1963. In July 2004, the SBI decided to divest 37% of the Fund and roped in Amundi as a partner.
SBIMF has many firsts to its name. It was the first Indian Mutual Fund player to launch a ‘Contra’ fund, called the SBI Contra Fund. In 2013, SBI Mutual Fund India acquired Daiwa Mutual Fund, part of the Daiwa Group of Japan.
SBI Mutual Fund is the first in India to launch an ESG Fund. An acronym for Environment, Social and Governance, the fund provides resources for sustainable investment in major markets.
As of March 2019, the SBI Mutual Fund manages assets worth Rs 2.83 Lakh Crore. In early 2019, it moved past Aditya Birla and HDFC Mutual Funds to emerge as the 3rd largest Mutual Fund body in India based on Assets under Management or AUM.
The SBIMF is registered with the Securities and Exchange Board of India or SEBI.
According to the latest reports, the SBI Bank Mutual Fund has witnessed a 7% growth in AUM in 2019. This is more than any other competing MF.
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All Video of 'Investech Gurukul' are for education and information purpose only. The videos should not be considered as investment advice or as a recommendation.The user must perform a self-assestment before investing.
This is our personal view and mutual funds and equity investments are subject to market risk. Please read all offer documents before investing.