SBI Funds Management Ltd, established in 1992, is India’s largest asset management company based on assets under management and manages the well-known SBI Mutual Fund as a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products including equity, debt, hybrid funds, ETFs, and portfolio management services, catering to both individual and institutional investors. As of 2025, it manages around ₹16.32 lakh crore in assets, accounting for about 15.5% of the total mutual fund AUM in India, and serves over 16.05 million investors. It operates a diversified portfolio of 126 schemes across categories such as equity, debt, arbitrage, ETFs, index funds, overseas fund-of-funds, and liquid and overnight funds. The company also has a strong global presence, managing India-focused mandates for institutional investors in countries like Japan, Australia, and Korea, along with UCITS funds distributed across Europe, the Middle East, South America, and Southeast Asia, and providing advisory services for Amundi’s global emerging market funds with significant India-related assets.