SBI Mutual Fund No. 4 Mutual Fund in India

SBI Mutual Fund No. 4 Mutual Fund in India

SBI Mutual Fund has taken  over Reliance Mutual Fund to 
become the fourth largest fund house in the avarage quarterly AUM data announced by AMFI for mutual industry as of September 2018 quarter.

This is a very big achievement for SBI Mutual Fund. Last quarter, SBI Mutual Fund was in the fifth position. Appended below are key highlights on SBI Mutual Fund’s achievement.

1. SBI MF overtakes Reliance MF to become No 4 MF House with an AUM of Rs. 2,53, 829 crores as on September 30, 2018

2. SBI MF is close to becoming No 3

3. The QoQ growth of SBI MF has been the highest among top 10 Mutual Funds

4. Increase in no of SIPs, folios and retail investors

5. SBI MF aiming to cross INR 3 lakh cr. AUM by the end of this year (2018)  

6. Market share of SBI MF crosses 10 percent in this quarter

Superior Fund performance, strong distribution network, growth from different regions, New initiatives for retail investors has fueled this growth and increase in market share for SBI Mutual Fund.

Appended below is the quarterly AUM data of Top 10 mutual fund houses in India


No comments: