September 28 , 2012
SBI Mutual Fund is currently the sixth largest mutual fund in India, going by assets under management (AUM). Assets are managed by SBI Funds Management Pvt Ltd. The AMC manages a wide range of funds in the equity, debt and hybrid categories. It also has a gold ETF and a gold fund of fund.
SBI Mutual Funds debt funds have performed well in general compared with its equity funds. Among equity funds, those with higher exposure to mid cap and small cap stocks have performed very well. Sector funds carry the name Magnum Sector Funds Umbrella.