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Asia

Can SBI Funds IPO deliver long-term growth for high risk investors?

Markets-Economic Times · 5h ago · 🇮🇳 India

Can SBI Funds IPO deliver long-term growth for high risk investors?

SBI Funds Management plans a ₹11,693 crore offer for sale, reducing promoter stake to 88%. The company manages ₹29.46 lakh crore across various investment funds. Revenue and net profit saw significant annual growth between FY24 and FY26. SBI MF leads in systematic investment plans and portfolio management services. The IPO offers a P/E multiple lower than its industry peers.

Read the full story at Markets-Economic Times →

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