The Vast Fund Universe of SBI

The SBI stable has 48 funds with 18 equity, 18 debt, 10 hybrid and 2 gold schemes, which gives it the necessary scale. The AMC has a more or less complete range of funds across categories and themes, with the notable exception of international funds and banking focussed fund. The fund management team has 5 equity fund managers and 3 debt fund managers, supported by 8 analysts supervised by a head of research and 4 dealers and around 12 support staff. The equity team reports to the CIO, Navneet Munot. The earliest fund scheme, Magnum Equity, a large-cap fund which was launched in 1992, and continues to weather the markets to be among the best in the category. In recent times, closed-end capital protection funds have found way into the group, which toe a conservative line. One look at the fund schemes, and the AMC cannot shy away from being an active player with the mad NFO rush between 2004 and 2008, trying to ri

This article was originally published on December 19, 2012.