SBI Funds Management outlines plans for major 2026 public offering

SBI Funds Management is preparing for one of India’s largest asset-management listings, targeting a $1.2 billion IPO in the first half of 2026. The fund house aims to leverage the rapid expansion of India’s mutual fund industry, supported by rising SIP participation, deeper retail penetration, and strong inflows into equity-oriented schemes. Market analysts believe the offering could strengthen SBI MF’s competitive position and provide capital for scaling technology infrastructure, distribution networks, and product diversification.