SBI Funds Management Private Limited is a subsidiary of the State Bank Of India and the French investment company AMUNDI. From this point of view, it is a very strong company in terms of sponsors. The State Bank of India is India’s largest bank in terms of assets.
Strong sponsors Strong investments: SBI Funds Management Private Limited
With the strong banks and experience behind them, SBI Funds offers 49 programs. This is one of the highest numbers among investment companies in India. Considering that they offer an average of 20 funds, they have more than twice the number of funds.
So what does that do to them? Makes it one of the largest investment companies in India. It is almost impossible for you to not find a fund for yourself in this amount of funds. Not only do they offer lots of funding, but they also do so in a highly professional and reliable way.
What people fear the most is investing in an insecure company. You will not experience this at SBI Funds. It is also useful to get information directly from their sites and branches. Understanding a fund solely through the internet will be difficult if you do not know.
SBI Funds Management Private Limited
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Pros
- Wide variety of funds
- Strong sponsors and assurance
Cons
- No debit card for investments
- Does not provide benefits such as life insurance with SIP investment
