#1
November 14th, 2017, 03:06 PM
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State Bank Of India MF
Hi buddy will you plz tell me Key Milestones of State Bank Of India MF, as my onn of the friend asking me about the same here ??
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#2
November 14th, 2017, 04:06 PM
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Re: State Bank Of India MF
SBI Mutual Fund is a bank sponsored fund house with its corporate headquarters in Mumbai, India. As you want here I am telling Key Milestones of State Bank Of India MF 1987 - Establishment of SBI Mutual Fund 1991 - Launch of SBI Magnum Equity Fund 1999 - Launch of sector funds, India's first contra fund 2004 - Joint Venture with SGAM 2006 - Became the first bank-sponsored fund to launch an offshore fund – 'SBI Resurgent India Opportunities Fund' 2011 - Stake Transfer from SGAM to AMUNDI 2013 - Acquisition of Daiwa Mutual Fund, part of the Tokyo-based Daiwa Securities Group 2013 - Launch of SBI Fund Guru, an investor education initiative 2015 - Employees' Provident Fund Organisation decided to invest in the equity market for the first time by investing Rs. 5,000 crore in the Nifty and Sensex ETFs (Exchange Traded Fund) of SBI Mutual Fund Company profile: Type Private company Industry Mutual Fund Founded 1987 Headquarters Mumbai, India Area served India Key people Mrs. Arundhati Bhattacharya (Chairman), anuradha rao (CEO & MD), Mr. Navneet Munot (Executive Director & Chief Investment Officer) Products Mutual Fund AUM Rs. 1,82,916 crore ($28.4 billion) (July 2017) Number of employees 500-1000 |
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