SBIFUNDS
from 564 today
SBI FM is the largest Indian AMC with Rs12.5tn of MF AUM, benefiting from an exclusive association with the largest PSU bank, market leadership in lower-tier markets, a well-diversified scheme mix, and institutional scale. We expect a 15% OPAT CAGR till FY29e and initiate coverage with a Buy rating and a price target of Rs710 based on 40x Sep'28e OPAT.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.