SBI Funds Management (SBIFM) on Wednesday said it has become the country’s first asset manager to cross ₹20,000 crore of AUM in exchange-traded funds.
The company began the ETF journey with the launch of SBI-ETF Gold (earlier known as SBI GETS) in 2009. Since then, it has developed a diversified stable of ETF offerings across asset classes.
Currently, SBIFM has five equity ETFs, one fixed income and one commodity (gold) ETF. SBIFM was also the only ETF manager chosen for EPFO’s maiden allocation in equities.
SBI Funds Management (SBIFM) on Wednesday said it has become the country’s first asset manager to cross ₹20,000 crore of AUM in exchange-traded funds.
The company began the ETF journey with the launch of SBI-ETF Gold (earlier known as SBI GETS) in 2009. Since then, it has developed a diversified stable of ETF offerings across asset classes.
Currently, SBIFM has five equity ETFs, one fixed income and one commodity (gold) ETF. SBIFM was also the only ETF manager chosen for EPFO’s maiden allocation in equities.
