Assets under management (AUM) of SBI Mutual Fund has crossed Rs98,000 crore and is soon likely to cross Rs1 trillion-mark, its managing director said on Friday.
“At SBI MF, we have recently crossed the AUM of Rs98,000 crore and we are all set to cross the mark of Rs1 trillion in near future,” SBI MF Managing Director and CEO Dinesh Khara told PTI. He was speaking on the sidelines of an event organised by Indian Chamber of Commerce.
In its bid to increase the subscriber base, the company is currently conducting a host of activities which include making its presence felt in every part of the country through independent financial advisors (IFAs), among others.