The dedicated fund house is known for its enterprising approach to risk management backed by a highly experienced and qualified team of financial experts. The mission statement of SBI Mutual Fund is has been to establish mutual funds as a feasible investment option to the people of this country. Dinesh Ahuja manages SBI Magnum Income Fund, SBI Magnum Gilt Fund and SBI Dynamic Bond Fund. R Srinivasan manages SBI Small Cap Fund & SBI Equity Hybrid Fund. Sohni Andani manages the flagship SBI Bluechip Fund. The CEO of the fund house is Ashwani Bhatia and Navneet Munot is its Chief Investment Officer (CIO). SBI Mutual Fund has a large team of good fund managers. The percentage of schemes beating the benchmark across its various categories for 1-year time period collectively is approx. SBI Equity Hybrid Fund is a prominent name in hybrid schemes category. Some of the prominent debt schemes are SBI Magnum Gilt Fund, SBI Dynamic Bond Fund, SBI Magnum Income Fund etc. SBI Mutual Fund also offers some good debt funds. Some of the well-known equity schemes from its stable are SBI Bluechip Fund, SBI Small Cap Fund, SBI Focused Equity Fund etc. It offers 29 equity schemes, 82 debt schemes, 26 hybrid schemes and 10 ETFs, Gold & Fund of funds schemes. Also, SBI Mutual Fund actively manages its investor's assets and delivers superior value to its investors. They possess sound investment expertise and have a network of over 222 points of acceptance across India. Amundi is the largest fund manager in Europe and one of the top 10 investment managers in the world. SBI Mutual Fund is a joint venture between State Bank of India, the largest state-owned bank in India, and Amundi, a French asset management company. The fund house has been around nearly for 30 years. The asset size of the fund house increased by 5.92% from its December 2019 quarterly figure. The fund house manages assets worth (AUM) of Rs 3.74 lakh crore for the quarter ending March, 2020. SBI Mutual Fund is the largest mutual fund house by asset size in India.
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