While the IPO launch takes time, learn how and where to buy shares of SBI Fund Management.
SBI Funds Management Private Limited (SBIFMPL) is the asset management company for SBI Mutual Fund. It operates as a joint venture between State Bank of India, one of the leading banks in India, and Amundi, a European asset management company. You can consider investing in shares of SBI Mutual Fund through SBIFMPL, which has the potential to provide good returns in the future.
SBI Funds Management Private Limited (SBIFMPL) operates as the asset management company for SBI Mutual Fund. It is a joint venture between the State Bank of India, a prominent Indian bank, and Amundi, a European asset management company. SBIFMPL manages the assets of SBI Mutual Fund, catering to the financial needs of investors in the Indian and European markets. The collaboration between State Bank of India and Amundi signifies a strategic partnership for mutual fund management.
The launch of the SBI Funds Management IPO is expected in the near future. However, you can still consider purchasing its shares, which have the potential to offer good returns in the future.
To purchase SBI Fund Management shares on the website, follow these steps:
- Click on the SBI Fund Management link on the website.
- The share price is ₹1145. If you want to buy 9 shares, the total cost would be ₹10,305.
- You will need to pay stamp duty and transaction fees, making the total cost ₹10,512.
- If you already have funds in your wallet, you can proceed with the payment. If not, you will need to add funds to your wallet.
To buy shares from the unlisted market using either online UPI or bank transfer methods like NEFT/RTGS/IMPS, you can follow the step-by-step process outlined in the article here.
Please note that the specific steps may vary depending on the platform or brokerage you are using, so it’s essential to carefully follow the instructions provided by the respective service or platform.
