When will SBI Mutual Fund launch its IPO?

SBI Mutual Fund aims to launch its IPO within the next 12 months.

Who are the promoters of SBI Mutual Fund?

The promoters of SBI Mutual Fund are State Bank of India and Paris-based Amundi.

What is the total asset under management for SBI Mutual Fund?

SBI Mutual Fund manages assets of approximately Rs 12 lakh crore.

Home / Business and Economy / SBI MF Eyes IPO Within 12 Months

SBI MF Eyes IPO Within 12 Months

10 Dec, 2025

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Summary

SBI Mutual Fund is initiating the IPO process with a 12-month target.
Promoters SBI and Amundi plan to sell a combined 10% stake.
SBIFML is India's largest asset management company with Rs 12 lakh crore AUM.

SBI Mutual Fund, India's largest asset management company, is embarking on the process for its Initial Public Offering (IPO). The fund house has set a timeline of 12 months to launch the public offering, with the identification of merchant bankers and other service providers already underway.

The IPO will see the two promoters, State Bank of India and Paris-based Amundi, collectively selling a 10% stake in SBI Funds Management Ltd (SBIFML). This move comes as SBIFML manages substantial assets, reaching around Rs 12 lakh crore as of September 2025, solidifying its position as the market leader in India's mutual fund industry.

Established in 1987, SBI Mutual Fund holds the distinction of being the first non-UTI mutual fund in India. The incorporation of SBI Funds Management Limited in 1992 further streamlined its operations. With a significant market share, the upcoming IPO represents a major step in its corporate journey and offers a new investment avenue for the public.