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SBI Funds Management
4.2
based on 69 Reviews
Company Overview
Company Locations
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
4.2/5
based on 69 reviews

Highly rated for
Job security, Work-life balance, Company culture

Critically rated for
Promotions
Work Policy

Work from office
100% employees reported

Alternate Saturday off
50% employees reported

Strict timing
67% employees reported

Within city
58% employees reported
View detailed work policy
Top Employees Benefits
Retirement benefits
1 employee reported
Stock options
1 employee reported
Joining bonus
1 employee reported
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
--
Other Industries
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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, SBI 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 69 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
38
4
16
3
9
2
4
1
2
Category Ratings
4.4
Job security
4.0
Work-life balance
3.9
Company culture
3.8
Work satisfaction
3.7
Skill development
3.4
Salary
3.2
Promotions
SBI Funds Management is rated 4.2 out of 5 stars on AmbitionBox, based on 69 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 66 reviews
3.5
Rated by 16 Women
Rated 3.4 for Job security and 3.3 for Work-life balance
4.4
Rated by 50 Men
Rated 4.6 for Job security and 4.2 for Work-life balance
Work Policy at SBI Funds Management
based on 11 reviews in last 6 months
Work from office
100%
SBI Funds Management Reviews
Top mentions in SBI Funds Management Reviews
+ 2 more
Compare SBI Funds Management with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.2/5 based on 69 reviews | 4.0/5 based on 496 reviews | 3.8/5 based on 908 reviews | 4.5/5 based on 423 reviews |
Highly Rated for | Job security Work-life balance Company culture | Job security Work-life balance Skill development | Skill development Job security Work-life balance | Work-life balance Company culture Skill development |
Critically Rated for | Promotions | Promotions | Promotions Salary | No critically rated category |
Primary Work Policy | Work from office 100% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 3.5 Good rated by 16 women | 4.0 Good rated by 122 women | 3.8 Good rated by 223 women | 4.5 Good rated by 83 women |
Rating by Men Employees | 4.4 Good rated by 50 men | 4.1 Good rated by 345 men | 3.8 Good rated by 664 men | 4.5 Good rated by 322 men |
Job security | 4.4 Good | 4.4 Good | 3.9 Good | 4.3 Good |
View more
SBI Funds Management Salaries
SBI Funds Management salaries have received with an average score of 3.4 out of 5 by 69 employees.
Deputy Manager
(37 salaries)
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₹4.3 L/yr - ₹9 L/yr
Relationship Manager
(23 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
- SBI Funds Management Ltd has invested Rs 212 crore in Ajax Engineering ahead of the company's IPO.
- The funds were invested through SBI Magnum Children's Benefit Fund and SBI Infrastructure Fund.
- SBI Funds Management will hold a 2.94% stake in Ajax Engineering post-IPO.
- Ajax Engineering's IPO is a complete offer-for-sale of 2.01 crore shares, with a price band of Rs 599 to Rs 629 per share.
Bloomberg Quint | 8 Feb, 2025

India's debt to decline to 50-51% if it maintains a nominal growth rate of 10.5 %: SBI Funds
- India's debt to decline to 50-51% if it maintains a nominal growth rate of 10.5%: SBI Funds
- India's fiscal deficit is expected to reduce to 4% of GDP in FY26 by maintaining a nominal growth rate of 10.5%.
- Government's debt estimated to reach 50-51% by March 2031 if India maintains growth rate and fiscal deficit targets.
- SBI Funds report suggests India can achieve debt reduction without aggressive spending cuts by focusing on economic growth and fiscal consolidation.
HinduBusinessLine | 6 Feb, 2025

SBI Funds Management gets Nand Kishore as MD & CEO
- SBI Funds Management has appointed Nand Kishore as its new MD & CEO.
- Kishore's expertise lies in portfolio management services and alternative investment funds.
- He aims to meet the diverse needs of the financial institution's clients.
- Kishore brings extensive expertise across diverse banking domains in his 34-year career at SBI.
HRKatha | 28 Nov, 2024

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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 4.0 out of 5 based on 60+ employee reviews on AmbitionBox. 78% employees rated SBI Funds Management 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. 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 3.2. 22% employees rated SBI Funds Management 3 or below, while 78% 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, based on 60+ employee reviews on AmbitionBox.
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