About SBI Fund Management Limited Unlisted Shares
State Bank of India Mutual Fund popularly known as SBI Mutual Fund, is an Indian private asset management company formed by the State Bank of India (SBI) and incorporated in 1987 with its head office located in Mumbai, India. It is a joint venture between the State Bank of India, an Indian public sector bank, and Amundi, a European asset management company.
The company is known for its absolute research capabilities, experienced fund management team, and diverse investment options spanning equity, debt, and hybrid funds. SBI Funds Management has developed itself as a trusted player in the asset management industry by focusing on transparency, innovation, growth a...
Latest available unlisted share price: ₹2,575.00
Company Overview
State Bank of India Mutual Fund popularly known as SBI Mutual Fund, is an Indian private asset management company formed by the State Bank of India (SBI) and incorporated in 1987 with its head office located in Mumbai, India. It is a joint venture between the State Bank of India, an Indian public sector bank, and Amundi, a European asset management company.
The company is known for its absolute research capabilities, experienced fund management team, and diverse investment options spanning equity, debt, and hybrid funds. SBI Funds Management has developed itself as a trusted player in the asset management industry by focusing on transparency, innovation, growth and customer satisfaction.
A shareholder agreement in this regard was entered into on April 13, 2011, between SBI & AMUNDI Asset Management. Accordingly, SBI currently holds a 62% stake in SBI Mutual Fund, and the 37% stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding. SBI & AMUNDI Asset Management shall jointly develop the company as an asset management company of international repute by adopting global best practices and maintaining international standards.
SBI Funds Management Ltd. is dedicated to helping investors build and preserve wealth through disciplined and strategic investment approaches.
SBI Mutual Fund (SBI MF) achieved a historic milestone on July 12, 2024, by becoming the first fund house in India to surpass Rs 10 trillion in assets under management (AUM). This significant accomplishment is attributed to the post-pandemic equity boom and a growing awareness of mutual fund investing.
The Company also offers alternate asset investment products through Alternative Investment Funds (AIF). The Company is acting as Investment Manager of SBI Alternative Equity Fund & SBI Alternative Debt Fund.
Recently, SBI Mutual Fund bought a 2.84 percent stake in AMI Organics for an average price of Rs 1350 per share. Plutus Wealth Management sold a 2.44 percent stake in AMI Organics for an average price of Rs 1350 per share.
Products Offerings
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Domestic mutual funds
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Offshore funds
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Alternative investment funds
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Institutional investor portfolio management advisory services
Functions of SBI AMC
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SBI Mutual Fund provide wide variety of Mutual Funds schemes to its customers which give them the option to invest in the scheme which they find suitable for themselves.
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SBI Mutual Funds aims to meet the needs of different investors and their financial goals by offering a variety of funds and investment strategies
SBI AMC Share Price and Unlisted Shares
The SBI AMC unlisted share price is an important metric for investors who are monitoring the performance of the company in the private equity arena. Based on the latest data, the SBI AMC share price is a good option for investors seeking to invest in the expanding asset management industry in India. The SBI AMC unlisted share price varies based on market conditions and investor demand, which indicates the overall financial well-being and prospects of the company.
Background
In India, the mutual fund market was initiated by the Unit Trust of India (UTI), along with the Government of India and the Reserve Bank of India (RBI), in 1963. SBI Mutual Fund was the first non-UTI mutual fund in India, launched on June 29, 1987.
The key features of the SBI Mutual Fund can be summed up as follows:
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SBI Mutual Fund offers its customers around 61 schemes in different categories. This helps the customer to invest according to his/her needs.
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This SBI Mutual Fund delivers value, customer satisfaction which helps in retaining the trust of the investors through a big network of more than 222 points of acceptance around the country.
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The main philosophy of the SBI Mutual Fund is ‘growth through innovation’ and they are sticked and following this philosophy and accordingly the investment policies are set up.
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SBI Mutual Fund has more than 5.4 million investors across the country and it is one of the biggest investment management firms in the country.
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It is one of the most reliable and one of the fastest growing mutual funds in India with gaining trust of its investors.
Mutual Fund Industry in India
Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of July 2024 stood at ₹ 64,70,664 crore.
The AUM of the Indian MF Industry has grown from ₹10.06 trillion as on July 31, 2014 to ₹64.97 trillion as on July 31, 2024 more than 6-fold increase in a span of 10 years.
The MF Industry’s AUM has grown from ₹ 24.54 trillion as on July 31, 2019 to ₹64.97 trillion as on July 31, 2024, more than 2-fold increase in a span of 5 years.
The Industry’s AUM had crossed the milestone of ₹10 Trillion (₹10 Lakh Crore) for the first time in May 2014 and in a short span of about three years, the AUM size had increased more than two folds and crossed ₹ 20 trillion (₹20 Lakh Crore) for the first time in August 2017.
The AUM size crossed ₹ 30 trillion (₹30 Lakh Crore) for the first time in November 2020. The Industry AUM stood at ₹64.97 Trillion (₹ 64.97 Lakh Crore) as on July 31, 2024.
Business Model
Management Fees: The Company receives management fees from the mutual fund which is charged as a percent of the Assets Under Management (AUM) and is recognised on accrual basis.
Portfolio Management and Advisory Services: Portfolio Management Fees and Advisory Fees are recognised on an accrual basis as per the terms of the contract with the customers.
Dividend income: Dividend income from investments is recognised when the right to receive payment has been established.
Interest income: Interest income from a financial asset is recognised when it is probable that the economic benefits will flow to the Company and the amount of income can be measured reliably.
Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 1957.98 | 2303.28 | 3273.18 |
| Other Income | - | 42.17 | 109.29 | 152.90 |
| COGS | - | - | - | - |
| Gross Profit | - | 2000.14 | 2412.57 | 3426.08 |
| Total Expense | - | 533.42 | 602.62 | 707.75 |
| EBIDTA | - | 1466.72 | 1809.96 | 2718.33 |
| D&A | - | 33.18 | 33.84 | 37.00 |
| EBIT | - | 1433.55 | 1776.12 | 2681.33 |
| Interest Expense | - | 4.44 | 5.25 | 7.71 |
| PBT | - | 1439.50 | 1781.57 | 2686.10 |
| TAX | - | 357.13 | 441.85 | 613.32 |
| PAT | - | 1082.37 | 1339.71 | 2072.78 |
| Diluted EPS | - | 21.46 | 26.50 | 40.90 |
| Basic EPS | - | 21.56 | 26.62 | 41.10 |
| Total income | 0.00 | 2,000.15 | 2,412.57 | 3,426.08 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 4.11 | 2.01 | 3.68 |
| Trade Payables | - | 48.20 | 56.55 | 107.70 |
| Inventory | - | - | - | - |
| Other Current Assets | - | 3481.95 | 4646.96 | 6708.42 |
| Total Current Assets | 0.00 | 3,534.26 | 4,705.52 | 6,819.80 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 220.30 | 227.29 | 251.00 |
| Long Term Investment | - | - | - | - |
| Other Non Current Assets | - | 43.40 | 51.07 | 36.09 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 263.70 | 278.36 | 287.09 |
| Total Assets | 0.00 | 3,797.96 | 4,983.88 | 7,106.89 |
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| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | 16.52 | 15.16 | 19.63 |
| Other Current Liab | - | 80.70 | 88.74 | 129.49 |
| Total Current Liab | 0.00 | 97.22 | 103.90 | 149.12 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | - | - | - |
| Deffered Tax Liab | - | - | - | - |
| Other Non Current Liab | - | 114.01 | 128.60 | 210.03 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 50.33 | 50.32 | 50.58 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 3536.38 | 4701.06 | 6697.17 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 3,586.71 | 4,751.38 | 6,747.75 |
| Total Liabilities | 0.00 | 3,700.72 | 4,879.98 | 6,957.78 |
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| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | - | - | - |
| Cash Flow from financing | - | - | - | - |
| Cash Flow from investing | - | - | - | - |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.
Related News
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