'Debt markets may stay volatile given higher global yields'

Summary: SBI Mutual Fund’s MD and CEO sets an ambitious goal for the investor base he wants to reach and calls for a balanced, cautious stance on markets. On capacity in small and mid caps and on industry concentration, he explains how the house guards against both.

Summary: SBI Mutual Fund’s MD and CEO sets an ambitious goal for the investor base he wants to reach and calls for a balanced, cautious stance on markets. On capacity in small and mid caps and on industry concentration, he explains how the house guards against both. How would you describe the past 12 months for your fund house in one sentence? Our listing shaped the year, along with focused execution on three fronts: broader access, stronger digital delivery and more meaningful investor solutions. You took this job two months ago. What is the first thing you changed, and what did you decide to leave alone? The first thing was adding another dimension to our aspiration: we now target 100 million new investors in five years, not just incremental AUM growth and market share. Our bedrock remains our core investment philosophy, risk framework and governance standards. They got us to Rs 13.12 trillion AUM and continue to anchor our approach. What is the one number you watch every morning that is not AUM? I read the news, particularly on household savings, consumption patterns and market sentiment. They frame the environment in which people make decisions. What is your outlook for equity and

This article was originally published on October 23, 2026.