{"url":"https://nivawealth.com/firms/sbi-funds-management-limited-142968","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/142968","regulatoryAum":219931039699,"crd":"142968","secFileNumber":"801-67514","legalName":"Sbi Funds Management Limited","displayName":"Sbi Funds Management Limited","website":"http://www.sbifunds.com","founded":null,"organization":"other (specify) organized in India","fiscalYearEnd":"March","headquarters":{"street":"9th Floor, Crescenzo, C- 38 & 39, G Block,, Bandra-Kurla Complex, Bandra (east)","city":"Mumbai","state":"","stateName":"","country":"India","postalCode":"400 051"},"tradeNames":[],"registration":{"secApproved":"9 April 2007","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":2463,"advisory":71,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":215186078969,"discretionaryAccounts":1980,"nonDiscretionary":4744960730,"nonDiscretionaryAccounts":13,"wrapProgram":null,"nonUsClientsPct":100,"nonAumClients":29},"clientTypes":[{"label":"High-net-worth individuals","clients":1916,"regulatoryAum":151072481},{"label":"Banking or thrift institutions","clients":9,"regulatoryAum":2677344023},{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":46304258585},{"label":"Pension and profit-sharing plans","clients":23,"regulatoryAum":37590432473},{"label":"State or municipal government entities","clients":3,"regulatoryAum":133044855529},{"label":"Corporations and other businesses","clients":40,"regulatoryAum":163076608}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Standard Chartered Bank","shortName":"Standard Chartered Bank","location":"Mumbai","smaAssets":122407326415},{"name":"Sbi-SG Global Securities Services Private Limited","shortName":"Sbi-SG Global Securities Services Private Limited","location":"Mumbai","smaAssets":31154611981}],"custodyNote":"Sbi Funds Management Limited does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Denys De Campigneulles","title":"Executive Director and Deputy Chief Executive Officer","crd":"7271844"},{"name":"Ramakrishna Balasubramanian","title":"Chief Operating Officer","crd":"8125683"},{"name":"Vinaya Datar","title":"Chief Compliance Officer, Company Secretary & Head Legal","crd":"5846675"},{"name":"Nand Kishore","title":"Managing Director and CEO","crd":"8125667"},{"name":"Rajeev Radhakrishnan","title":"Chief Investment Officer & Head of Reserach - Fixed Income","crd":"7403857"},{"name":"Srinivasan Rama Iyer","title":"Chief Investment Officer - Equity","crd":"7403844"},{"name":"Devinder Singh","title":"Joint CEO","crd":"6218472"},{"name":"Srinivas Sundarraj","title":"Chief of Strategy, Digital, Technology and Head Investor Relations","crd":"5279890"}],"ownership":[{"label":"State Bank of India","detail":"Beneficial owner in the 50% to 75% ownership band and a control person, since January 1989."},{"label":"Amundi India Holding","detail":"Beneficial owner in the 25% to 50% ownership band and a control person, since May 2011."},{"label":"Amundi","detail":"Indirect owner: a shareholder of Amundi Asset Management in the 75% or more band and a control person, since May 2011.","parent":"Amundi Asset Management"},{"label":"Government of India","detail":"Indirect owner: a indirect owner of State Bank of India in the 50% to 75% band and a control person, since January 1989.","parent":"State Bank of India"},{"label":"Amundi Asset Management","detail":"Indirect owner: a shareholder of Amundi India Holding in the 75% or more band and a control person, since May 2011.","parent":"Amundi India Holding"},{"label":"Credit Agricole Sa","detail":"Indirect owner: a shareholder of Amundi in the 50% to 75% band and a control person, since May 2011.","parent":"Amundi"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"912261793000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Sovereign bonds","percent":71},{"label":"Investment grade corporate bonds","percent":26},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"27 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/142968/PDF/142968.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sbi Funds Management Limited have?","answer":"Sbi Funds Management Limited has 1,993 clients and manages $219.9 billion for them, as of June 2026. They include 1,916 high-net-worth individuals, 40 corporations and other businesses and 23 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sbi Funds Management Limited offer?","answer":"Sbi Funds Management Limited provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Sbi Funds Management Limited use?","answer":"Sbi Funds Management Limited’s separately managed account assets are held at Standard Chartered Bank (Mumbai), with $122,407,326,415 and Sbi-SG Global Securities Services Private Limited (Mumbai), with $31,154,611,981. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sbi Funds Management Limited have?","answer":"Sbi Funds Management Limited has 0 investment adviser representatives registered with state securities authorities, out of 2,463 employees, and 71 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sbi Funds Management Limited invest in?","answer":"At the end of its last fiscal year, Sbi Funds Management Limited’s separately managed accounts held 71% sovereign bonds, 26% investment grade corporate bonds and 3% pooled vehicles (private funds and similar). It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sbi Funds Management Limited?","answer":"Sbi Funds Management Limited is owned through a chain of holding companies by Government of India and Credit Agricole Sa. Its direct owners are State Bank of India (50% to 75%) and Amundi India Holding (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 27 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sbi Funds Management Limited get paid?","answer":"Sbi Funds Management Limited is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}