| COMPANY NAME | SBI FUNDS MANAGEMENT LIMITED |
|---|---|
| NATURE OF BUSINESS | BANKING SECTOR |
| ISIN NO | INE640G01020 |
| FACE VALUE | Rs.1/- |
| PROMOTERS | SBI & AMUNDI ASSET MANAGEMENT ( Amundi S.A.) |
| COMPANY WEBSITE | www.sbifunds.com |
| YEAR OF ESTABLISHMENT | 1992 |
| REGISTERED ADDRESS | SBI Funds Management Limited 9 th Floor, C-38 & 39 Crescenzo, G Block Bandra Kurla Complex Bandra (East) Mumbai - 400 051 |
SBI Funds Management Ltd. (SBIFML) is one of India’s largest and most trusted asset management companies with over 37 years of experience in fund management. Established as a joint venture between the State Bank of India, India’s largest bank, and Amundi Asset Management of France, the company combines strong domestic expertise with global best practices.
State Bank of India (SBI) holds about 61.9% stake in SBI Funds Management Ltd., Amundi Asset Management holds around 36.4%, and the remaining ~1.7% is held by others (including employee stock ownership programs).
Since entering into a shareholder agreement in 2011, Amundi Asset Management has provided strategic support to SBI Funds Management Ltd. (SBIFML), helping the company adopt global best practices and strengthen its international reputation