SBI Funds Management Ltd Company Summary

SBI Funds Management Limited was originally incorporated as SBI Funds Management Private Limited as a Private limited company at Mumbai, dated February 7, 1992 with the Registrar of Companies, Maharashtra. Thereafter, the Company was converted to a Public limited company and the name was changed to SBI Funds Management Limited and a fresh Certificate of incorporation dated December 16, 2021 was issued by the Registrar of Companies, Maharashtra. SBI Funds Management Limited is the largest asset management company (AMC) in India by quarterly average mutual fund assets under management (QAAUM), with QAAUM of Rs 12,499.70 billion and a mutual fund market share of 15.4% as of December 31, 2025.

The Company is a joint venture between SBI and AMUNDI.The Company was granted approval by Securities and Exchange Board of India (SEBI) under SEBI (Mutual Funds) Regulations, 1993,subsequently replaced by SEBI (Mutual Funds) Regulations, 1996 (SEBI Regulations), to act as the Investment Manager of SBI MutualFund. The Company manages the Investment Portfolios of the schemes launched by the Fund and provides various administrative services to the Fund as laid down in the Restated and Amended Investment Management Agreement dated March 12, 2024. The Company has a wholly owned foreign subsidiary namely SBI Funds Management(International) Private Limited, which is based in Mauritius and manages Off-shore Funds.The Company offers alternate asset investment products through Alternative Investment Funds (AIF).

The Company is acting as anInvestment Manager of SBI Alternative Equity Fund & SBI Alternative Debt Fund which is registered with SEBI as a category III & categoryII AIF respectively under SEBI (Alternative Investment Funds) Regulations, 2012. Further, the Company acts as an Investment Manager to Corporate Debt Market Development Fund (CDMDF), an AIF set up under SEBI AIF Regulations, for developing a Backstop Facility for development of the corporate debt market by providing backstop facility at the time of market dislocation to benefit the wider corporate debt market.The Company is also providing the management and advisory services to Category I foreign portfolio investors and Category II foreignportfolio investors through fund manager(s) managing the schemes of the SBI Mutual Fund as permitted under SEBI (Mutual Funds)Regulations, 1996.The Company had set up its IFSC Branch for carrying out Fund Management activities at IFSC-GIFT City. Subsequently, Company has also incorporated a wholly owned subsidiary company in IFSC-GIFT City, viz.

SBI Funds International (IFSC) Limited on February 07, 2024, for undertaking Portfolio Management Services and Investment Management activities / services for pooled assets in IFSC-GIFT City. The existing business of SBI Funds Management Limited (IFSC Branch) was transferred to the Subsidiary Company with effect from August 12, 2024.The Company launched the Jan Nivesh SIP in February 2025 and later launched a SIF platform with Magnum SIF offered by SBI MutuaL Fund in October 2025. Company came up with IPO for issuing the offer for sale of 170,956,631 Equity shares having the face value of Re 1 each by raising Rs 9795.32 crore on 16 July 2026.