SBI Mutual Fund is gearing up for its 1st-ever IPO

Business Dec 10, 2025

SBI Mutual Fund, India's biggest mutual fund company, is officially preparing to go public.
After getting the green light from its promoters—State Bank of India (SBI) and France-based Amundi—the fund house aims to launch its IPO within the next 12 months.
SBI Chairman C S Setty stated, "We are very seriously working on that, and in this timeline we should hit the market..."

What's actually being offered?

Through this IPO, SBI Mutual Fund will open up 10% of its shares to the public—SBI is selling about 6.3% and Amundi around 3.7%.
For some context: as of September 2025, SBI MF managed a massive ₹12 lakh crore in assets and held over 15% market share, making it a major player in the Indian investment scene.