SBI Mutual Fund is managed by SBI Funds Management Ltd. (SBIFML) and brings 38 years of fund management experience to Indian investors. It was founded in 1987 by Anand Kishore and has a strong legacy linked to State Bank of India (SBI), India’s largest bank.
SBI Mutual Fund operates as a joint venture between SBI and AMUNDI (France), which is one of the world’s leading fund management companies. SBI holds a 61.86% stake, while 36.33% is held by AMUNDI through Amundi India Holding, and 1.81% by others. The fund house offers domestic mutual funds, offshore funds, AIFs, and portfolio advisory services for institutional investors.
How To Check the Allotment Status of the SBI Mutual Fund IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for SBI Mutual Fund IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the NSE IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
