SBI Funds Management Ltd was established in 1992 and is the largest asset management company (AMC) in India based on assets under management (AUM). The company manages the well-known SBI Mutual Fund. It is a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products such as equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). As of 2025, the company manages around ?16.32 lakh crore in assets, which represents about 15.5% of India’s total mutual fund AUM. As of December 31, 2025, the company serves more than 16.05 million investors, including both individual and institutional clients. It manages a diversified portfolio of 126 mutual fund schemes, covering different categories such as: Equity and equity-oriented funds Debt funds Arbitrage funds Exchange Traded Funds (ETFs) Index funds Overseas fund-of-funds Liquid and overnight funds The company also has a global investment presence. Its international business includes: India-focused investment mandates for institutional investors in Japan, Australia, and Korea, with AUM of ?232,090.37 million. UCITS India-focused funds sponsored by Amundi, with AUM of ?86,816.48 million, distributed across Europe, the Middle East, South America, and Southeast Asia. Advisory services for Amundi’s Global Emerging Markets funds, managing ?145,839.65 million in India-related assets.