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SBI Funds Management

4.1
based on 70 Reviews

Working at SBI Funds Management

Company Summary

Experienced asset management firm, a joint venture between SBI and AMUNDI, focused on delivering value through global best practices.

Overall Rating

4.1/5
based on 70 reviews
highly rated categories
Highly rated for

Job security, Work-life balance, Company culture

highly rated categories
Critically rated for

Promotions, Salary

Work Policy
Work from office
Work from office
100% employees reported
Alternate Saturday off
Alternate Saturday off
50% employees reported
Strict timing
Strict timing
67% employees reported
Within city
Within city
58% employees reported
View detailed work policy
Top Employees Benefits
Retirement benefits
Retirement benefits
1 employee reported
Stock options
Stock options
1 employee reported
Joining bonus
Joining bonus
1 employee reported
Mobile bill reimbursements
Mobile bill reimbursements
1 employee reported
View all benefits

About SBI Funds Management

Founded in1992 (33 yrs old)
India Employee Count--
Global Employee Count--
India HeadquartersMumbai, India
Office Locations
--
Websitesbimf.com
Primary Industry
--
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With 30​ years of rich experience in fund management, we at SBI Funds Management Pvt. Ltd. (SBIFMPL) bring forward our expertise by consistently delivering value to our investors. We have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank. We are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies. A shareholder agreement in this regard has been entered on April 13, 2011, between SBI & AMUNDI Asset Management. Accordingly, S​BI currently holds 63% stake in SBIFMPL, and the 37% stake is held by AMUNDI Asset Management through a wholly-owned subsidiary, Amundi India Holding. Initially, this 37% holding was held by Societe Generale Asset Management S.A. (“SGAM”), a subsidiary of Societe Generale S.A (“SG”) which was transferred to Amundi in June 2011 with due approval of SEBI pursuant to SEBI (Mutual Funds) Regulations, 1996. AMUNDI Asset Management shall provide strategic support to the Company. SBI & AMUNDI Asset Management shall jointly develop the Company as an asset management company of international repute by adopting global best practices and maintaining international standards.​​
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SBI Funds Management Ratings

based on 70 reviews

Overall Rating

4.1/5
How AmbitionBox ratings work?
5
38
4
16
3
9
2
4
1
3

Category Ratings

4.2

Job security

3.9

Work-life balance

3.8

Company culture

3.7

Work satisfaction

3.6

Skill development

3.3

Salary

3.1

Promotions

SBI Funds Management is rated 4.1 out of 5 stars on AmbitionBox, based on 70 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at SBI Funds Management
based on 67 reviews
3.5
Rated by 16 Women
Rated 3.4 for Job security and 3.3 for Work-life balance
4.2
Rated by 51 Men
Rated 4.4 for Job security and 4.1 for Work-life balance

Work Policy at SBI Funds Management

based on 12 reviews in last 6 months
Work from office
100%

SBI Funds Management Reviews

Top mentions in SBI Funds Management Reviews

+ 2 more

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Overall Rating
4.1/5
based on 70 reviews
3.7/5
based on 91.5k reviews
4.0/5
based on 38.8k reviews
3.9/5
based on 40.4k reviews
Highly Rated for
Job security
Work-life balance
Company culture
Job security
Work-life balance
Job security
Skill development
Company culture
Job security
Skill development
Critically Rated for
Promotions
Salary
Promotions
Salary
Work satisfaction
No critically rated category
Promotions
Primary Work Policy
Work from office
100% employees reported
Work from office
81% employees reported
Work from office
91% employees reported
Work from office
84% employees reported
Rating by Women Employees
3.5
Good
rated by 16 women
3.7
Good
rated by 26.6k women
3.9
Good
rated by 10.3k women
3.7
Good
rated by 8.5k women
Rating by Men Employees
4.2
Good
rated by 51 men
3.6
Good
rated by 59.8k men
4.0
Good
rated by 26.7k men
3.9
Good
rated by 29.9k men
Job security
4.2
Good
4.5
Good
4.1
Good
4.0
Good
View more

SBI Funds Management Salaries

SBI Funds Management salaries have received with an average score of 3.3 out of 5 by 70 employees.

Deputy Manager

(37 salaries)
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₹4.3 L/yr - ₹9 L/yr

Relationship Manager

(21 salaries)
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₹2.5 L/yr - ₹6 L/yr

Sales Executive

(8 salaries)
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₹2 L/yr - ₹3.5 L/yr

Chief Manager

(7 salaries)
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₹12.3 L/yr - ₹24 L/yr

Deputy Vice President

(7 salaries)
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₹29.1 L/yr - ₹45 L/yr

Assistant Vice President

(6 salaries)
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₹20.5 L/yr - ₹45 L/yr

Customer Service Executive

(6 salaries)
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₹1.4 L/yr - ₹3 L/yr

Operations Executive

(6 salaries)
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₹1.2 L/yr - ₹3 L/yr

Management Associate

(5 salaries)
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₹8.8 L/yr - ₹9.2 L/yr

HR Manager

(5 salaries)
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₹11 L/yr - ₹12.5 L/yr

SBI Funds Management News

SBI Funds Management Invests Rs 212 Crore In Ajax Engineering Ahead Of IPO

Bloomberg Quint | 8 Feb, 2025
SBI Funds Management Invests Rs 212 Crore In Ajax Engineering Ahead Of IPO

India's debt to decline to 50-51% if it maintains a nominal growth rate of 10.5 %: SBI Funds

HinduBusinessLine | 6 Feb, 2025
India's debt to decline to 50-51% if it maintains a nominal growth rate of 10.5 %: SBI Funds

SBI Funds Management gets Nand Kishore as MD & CEO

HRKatha | 28 Nov, 2024
SBI Funds Management gets Nand Kishore as MD & CEO
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SBI Funds Management FAQs

When was SBI Funds Management founded?
SBI Funds Management was founded in 1992. The company has been operating for 33 years.
Where is the SBI Funds Management headquarters located?
SBI Funds Management is headquartered in Mumbai.
Does SBI Funds Management have good work-life balance?
SBI Funds Management has a Work-Life Balance Rating of 3.9 out of 5 based on 70+ employee reviews on AmbitionBox. 77% employees rated SBI Funds Management 4 or above, while 23% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read SBI Funds Management work-life balance reviews for more details
Is SBI Funds Management good for career growth?
Career growth at SBI Funds Management is rated as moderate, with a promotions and appraisal rating of 3.1. 23% employees rated SBI Funds Management 3 or below, while 77% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading SBI Funds Management promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in SBI Funds Management?
Working at SBI Funds Management comes with several advantages and disadvantages. It is highly rated for job security, work life balance and company culture. However, it is poorly rated for promotions / appraisal and salary & benefits, based on 70+ employee reviews on AmbitionBox.
SBI Funds Management Overview
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