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SBI Mutual Fund Surpasses ₹10 Lakh Crore AUM as Retail SIP Flows Stay Strong
SBI Mutual Fund’s AUM topped ₹10 lakh crore (+29% YoY) as SIP flows of ₹17,300 crore underscored retail investor strength.
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.