SBI Funds Management Ltd (SBI AMC) - Unlisted Shares

Fundamentals

Current Price
₹760
Market Cap
₹1,54,620.99 Cr
ISIN
INE640G01020
Face Value
₹1
P/E Ratio
61.29
EPS
12.4
P/B Ratio
4.66
Book Value
163.1
Debt / Equity Ratio
0

Key Financials

Profit & Loss

MetricFY25FY24FY23FY22FY21FY20FY19
Revenue from Operations4,063.33,273.02,303.31,958.01,611.11,252.31,495.7
Growth %24.1%42.1%17.6%21.5%28.6%-16.2%0
Operating Expenses823.7708.0602.6533.5446.3490.9897.5
Growth %16.3%17.5%12.9%19.5%-9.0%-45.3%0
Operating Profit3,239.52,565.01,700.71,424.51,164.7761.4598.2
Op. Profit Margin %79.7%78.4%73.8%72.7%72.3%60.8%40.0%
Other Income187.4165.0120.052.69.766.366.3
Finance Costs8.68.05.34.44.03.60.0
Depreciation39.437.033.833.231.730.216.7
Profit Before Tax3,378.92,686.01,781.61,439.51,138.8793.7647.8
Tax838.8613.0441.9357.1276.1188.4217.7
Tax %24.8%22.8%24.8%24.8%24.2%23.7%33.6%
Profit After Tax2,540.12,073.01,339.71,082.4862.7605.3430.1
Growth %22.5%54.7%23.7%25.4%42.5%40.7%0
PAT %62.5%63.3%58.1%55.2%53.5%48.3%28.7%
Diluted EPS49.940.926.521.517.212.18.6

Company Financials

MetricFY25FY24FY23FY22FY21FY20FY19
Equity Capital50.850.650.350.350.150.050.0
Reserves8,246.76,697.24,701.13,536.42,528.51,939.41,327.6
Total Equity8,297.56,747.84,751.43,586.72,578.51,989.41,377.6
Total NC Liabilities298.6135.7128.6114.0117.193.3108.3
Total Current Liabilities175.1223.3103.997.2137.478.6150.3
Equity + Liabilities8,771.37,106.84,983.93,797.92,833.02,161.31,636.2
Fixed Assets (incl. WIP)373.9256.9233.4226.3224.2278.8346.2
Other Non Current Assets61.884.944.937.465.552.352.3
Total NC Assets435.7341.8278.2263.7289.7331.2398.5
Trade Receivables122.6107.756.648.241.740.340.3
Cash & Cash Equivalents92.33.731.132.885.57.87.8
Other Current Assets8,120.76,653.64,618.03,453.22,416.11,782.01,189.5
Total Current Assets8,335.66,765.04,705.73,534.22,543.31,830.11,237.7
Total Assets8,771.37,106.84,983.93,797.92,833.02,161.31,636.2

Shareholding Pattern

State Bank of India
62.2%
Amundi India Holding
36.5%
Others
1.3%

Strengths & Weaknesses

Strengths

  • High Credit Rating: SBI FML has a high credit rating of ‘CARE AAA; Stable’, indicating the company’s high stability.
  • AUM Milestone: In Jun’24, its AUM touched ₹10 Lakh Cr.
  • Leading ETF Player: Largest ETF player in FY24 with a market share of 43%.
  • SIP Growth: SIPs had a YoY growth of 30% in FY24 at ₹3K Cr.
  • Growing M-Cap: Market share grew from 13.8% in FY20 to 16.7% in FY24, the highest among top peers despite being the market leader.
  • Outperforming Peers in Revenue: Revenue had a YoY growth of ~42% in FY24 at ₹3.4K Cr, outperforming its top peers
  • Increasing Profitability: PAT had a CAGR growth of 37% from ₹430 Cr in FY19 to 2K Cr in FY24 with YoY growth of ~55% in FY24. EPS increased by 54% in FY24 to ~₹40

Weaknesses

  • No weakness identified.

About SBI Funds Management Ltd (SBI AMC)

SBI FML, the investment manager of SBI Mutual Fund, was incorporated on 7th Feb’92

Board of Directors

  • Mr. Challa Sreenivasulu Setty - Chairman and Associate Director
  • Mr. Fathi Jerfel - Associate Director
  • Mr. Nand Kishore - Managing Director & CEO
  • Mr. Denys de Campigneulles - Deputy Chief Executive Officer
  • Mr. Moiz Miyajiwala - Independent Director
  • Mr. Shekhar Bhatnagar - Independent Director
  • Mrs. Sudha Krishnan - Independent Director
  • Mr. C. N. Ram - Independent Director
  • Dr. T. T. Ram Mohan - Independent Director
  • Mr. Olivier Mariée - Associate Director

Senior Management

  • Mr. Shamsher Singh - MD & CEO
  • Mr. Denys de Campigneulles - Deputy CEO
  • Mr. D.P. Singh - CBO
  • Mr. R. S. Srinivas Jain - Chief of Strategy
  • Mr. R Srinivasan - CIO - Equity
  • Mr. Rajeev Radhakrishnan, CFA - CIO - Fixed Income
  • Aparna Nirgude - ED & CRO
  • Ganesan Sonaimuthu - COO
  • Vinaya Datar - CCO & CS
  • Mr. C.A. Santosh - Investor Relations

Frequently Asked Questions

How to buy SBI MUTUAL FUNDS Unlisted Shares
To Buy SBI Mutual Funds Unlisted Shares follow the given steps:

- Register on the InCred Money Platform. - Complete your KYC verification. - Go to the SBI MUTUAL FUNDS shares page, select the desired quantity, and click Buy.
How to sell SBI MUTUAL FUNDS Unlisted Shares?
We suggest that an investor should not invest in unlisted equities with a mindset of trading or selling it in a short period of time.

But we understand that there may be an event where you may want to liquidate your shares. In that case, you can drop us an email on connect@incredmoney.com with the following details:

- Name
- Registered email address with InCred Money
- PAN number
- Name of the company that you are looking to sell
- Quantum
- Your expected price

Once we receive your email, our team will reach out to you. We will then attempt to find a buyer for your units on a best-effort basis. Once we find a match for your price and quantity, we will notify you and initiate the transaction.

Steps once transaction is initiated

- We will send you a deal sheet with all relevant details.
- You will need to transfer the units from your demat account to us. Our team will explain to you the steps for the same.
- After we receive the units, you will get a confirmation, and we will transfer the funds to your account.
What is the lock-in period of SBI MUTUAL FUNDS Unlisted Shares?
The lock-in period for SBI Mutual Funds' unlisted shares varies depending on the investor category. For Retail Investors, High net worth individuals (HNIs), and corporations, the lock-in period is six months from the listing date of SBI Mutual Funds. In contrast, for Venture Capital Funds and Foreign Venture Capital Investors, the lock-in period is also six months but begins from the acquisition date of SBI Mutual Funds. Meanwhile, there is no lock-in period for Alternative Investment Funds – Category II.
What is the Minimum Ticket Size for Investment in SBI MUTUAL FUNDS Unlisted Shares?
With the share market in India spreading its wings, big companies like Reliance NSE are trading unlisted stocks. At InCred we allow you to customise your unlisted shares experience and buy and sell as many SBI Mutual Funds Unlisted Shares as your budget permits.
Is buying SBI MUTUAL FUNDS Unlisted Shares legal in India?
Yes, it is legal to buy and sell unlisted shares from SBI Mutual Funds Unlisted Shares. But you need to trade these sales from a reliable source.
Is Short-Term Capital Gain Tax Applicable on SBI MUTUAL FUNDS Unlisted Shares?
Any profits made from selling unlisted shares of SBI Mutual Funds within two years of their purchase are regarded as Short-Term Capital Gains (STCG). These gains will be added to your income for the financial year and taxed according to your applicable income tax slab.

Consequently, the tax on STCG will be based on your total income, including these profits, under Indian Income Tax Laws. Investors should keep these tax considerations in mind when making transactions involving unlisted shares.
How much LTCG tax is applicable on SBI MUTUAL FUNDS Unlisted Shares/Pre-IPO Shares?
This term denotes profits generated from holding SBI Mutual Funds' unlisted shares for more than two years. Long-Term Capital Gains (LTCG) on unlisted shares have been subject to a 12.5% tax since July 2024, and the indexation benefit that was previously available has been eliminated after the 2024 budget. Understanding LTCG is vital for both high-net-worth individuals and retail investors to strategically plan their investments.
How Much Time is Taken to Credit SBI MUTUAL FUNDS Unlisted Shares in a Demat Account?
The SBI Mutual Funds Unlisted Shares are credited to your Demat account the same day as the funds transfer to our company account.
How to trust InCred Money before buying SBI MUTUAL FUNDS Unlisted Shares from its platform?
InCred Money is a part of the InCred Group, offering an accessible investment platform with a dedicated team of experts available to guide you every step of the way. We offer highly competitive pricing with no hidden charges. You can start investing with as little as one share with InCred Money
How is the Valuation of SBI MUTUAL FUNDS Unlisted Shares Calculated?
Fundamental and comparative methods are the basis of the valuation of SBI Mutual Funds Unlisted Shares. Their valuation also depends on the demand and supply of these shares. We managed to derive this pricing with our estimates and the company’s transaction history.

Valuation is done through research on the current market value and funding around the SBI Mutual Funds Unlisted Shares, this gives a benchmark valuation. We also perform thorough risk management and consider all parameters to make informed decisions.
How Much Return Can I Expect from the SBI MUTUAL FUNDS Unlisted Shares?
Estimating a return on investment For SBI Mutual Funds’ unlisted shares requires detailed industry knowledge. The returns depend on demand /supply, the valuation of the companies, and other factors. The return also depends on the period for which you hold the shares. You can connect with our experts to understand and get a greater share of the profits.
Are SBI MUTUAL FUNDS Unlisted Shares in Demat Form?
Yes, SBI Mutual Funds Unlisted Shares are transferred in dematerialised form. Once the payment is received, the shares will appear in your Demat account.
Where will SBI MUTUAL FUNDS Unlisted Shares/Pre-IPO shares be reflected?
Once you purchase the shares on our platform, they will be transferred to the DEMAT account that you have shared with us on a T+7 basis.

There are multiple places where you can check your stock:

- You can download the CDSL Myeasi app or NSDL Speede app where you can track all your demat holdings.
- The stock will show up once you login to your account on the InCred Money app/ website.
Is SBI MUTUAL FUNDS a Pre-IPO, Unlisted or Delisted share?
SBI Mutual Funds, or SBI Funds Management Limited, is an unlisted company that allows trading for pre-IPO shares.
Can NRIs Buy SBI MUTUAL FUNDS Unlisted Shares?
Yes, NRIs can purchase SBI Mutual Funds Unlisted Shares. However, these shares are non-repatriable, unless the NRI specifies his intention of buying repatriable shares to the RBI. They need to purchase these shares from an NRO Non-PIS account.
Where Can I Sell SBI MUTUAL FUNDS Unlisted Shares?
We will confirm the buying price for SBI Mutual Funds Unlisted shares with you. Then we will give you a client master report and you will transfer the shares you want to sell to our Demat account. Once we receive the shares, we will ask you for your bank details. We will transfer the amount to your account once we receive the shares.

The payment will be made using the same account linked to your Demat account. Otherwise, you will have to provide a cancelled cheque to verify your name. Third-party transfers are strictly prohibited and against SEBI guidelines. Payments are done through RTGS/ NEFT/ Cheque Transfers/ IMPS. No cash deposit is permitted.
Is SBI AMC Listed?
SBI AMC is a private company that allows pre-IPO shares to be traded. It is not listed on the Indian share market.
Who owns SBI AMC?
SBI currently holds a 62.11% stake in SBIMF. 36.47% stake is held by AMUNDI Asset Management.
Image of SBI Funds Management Ltd (SBI AMC)

SBI Funds Management Ltd (SBI AMC)

Buy SBI Funds Management Unlisted Shares | InCred Money