SBI Mutual Fund, which has recently become the fourth-largest fund house (by average quarterly AUM), is now eyeing pole position in the mutual fund industry, a top official said.
This fund house is also confident of entering the top-three league in terms of assets under management (AUM) during the current fiscal itself, DP Singh, Executive Director & Chief Marketing Officer, SBI Mutual Fund, said.
In the September 2018 quarter, SBI Mutual Fund overtook Reliance MF to become the fourth-largest player with an AUM of Rs. 2.53 lakh crore.