SBI Mutual Fund became India’s first asset manager to cross ₹10 lakh crore in assets under management, reflecting 29 percent growth over the previous year. Monthly SIP inflows reached ₹17,300 crore, underlining sustained investor interest in equity schemes. Management attributed growth to increased digital participation and steady ETF traction. Industry-wide AUM touched ₹54.5 lakh crore, up 21 percent YoY. Analysts said the milestone reinforces the mutual fund industry’s expanding retail base and growing financial inclusion across smaller Indian towns.