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SBI Mutual Fund Crosses ₹10 Lakh Crore in AUM as Retail Flows Accelerate
SBI Mutual Fund AUM topped ₹10 lakh crore (+29% YoY) as SIP flows of ₹17,300 crore highlight deepening retail investor participation.
SBI Mutual Fund became the first Indian asset manager to surpass ₹10 lakh crore in assets under management, reflecting a 29 percent year-on-year increase. Monthly systematic investment plan (SIP) inflows remained strong at ₹17,300 crore, showing robust retail participation. The fund house credited digital onboarding and equity ETF demand for the milestone. Industry data from AMFI show India’s overall mutual-fund AUM at ₹54.5 lakh crore.
Analysts said the rise demonstrates investor confidence in long-term savings vehicles despite global volatility, and signals increasing financialisation of household wealth across tier-2 cities.