SBI Mutual Fund has crossed AUM of Rs.5 lakh crore in March 2021, said a press release issued by the fund house.
In the last one year, SBI MF’s AUM has grown to Rs 5.04 lakh crore from Rs 3.73 lakh crore recording a growth of 35 %. The market share of the fund house has also grown from 13.82% to 15.71% in the last one year.
The fund house attributed this growth to increase in the SIP book. The fund house SIP book has increased to Rs 1,382 crore from Rs 1,180 crore over the last one year recording a growth of 17%.
