SBIFUNDS NSE filing

SBI Funds Management Q1FY27 Results: Operating Profit Up 17% YoY to ₹907 Crore

The RealCase readHigh impact Positive

SBI Funds Management reported Q1FY27 results with Operating Profit at ₹907 crore (up 17% YoY) and PAT at ₹873 crore (up 37% QoQ). MF QAAUM reached ₹12.6 trillion (15.1% market share), while Active Equity QAAUM was ₹8.6 trillion (12.5% market share). SIP AUM grew 15% YoY to ₹2.0 trillion. Unique customers increased 12% to 1.82 crore.

Why it matters

The announcement details significant financial growth (YoY and QoQ) and market share gains in key segments like MF QAAUM and Equity QAAUM, along with robust customer acquisition, which are material factors for investors and the industry.

The market read

The company reported strong year-on-year growth in operating profit and PAT, along with significant increases in AUM across various segments and a growing customer base, indicating positive financial performance and market position.

SBI Funds Management Limited has announced its financial results for the quarter ended June 30, 2026. The company reported a robust performance driven by healthy inflows across equity and passive strategies, sustained SIP momentum, expanding retail participation, and continued investments in technology and digital infrastructure.

For the quarter, Mutual Fund Quarterly Average Assets Under Management (QAAUM) stood at ₹12.6 trillion, marking an 11% year-on-year increase and representing a market share of 15.1%, maintaining its position as the number one mutual fund manager in the industry. Actively Managed Equity QAAUM reached ₹8.6 trillion, showing a 10% year-on-year rise with a market share of 12.5%. Passive QAAUM increased by 12% year-on-year to ₹4.0 trillion, holding a market share of 27.4% and retaining the top rank.

The Alternate AUM, which includes Alternative Investment Funds (AIF), Portfolio Management Services (PMS), Advisory, and Offshore funds, amounted to ₹16.5 trillion. Within this, AIF QAAUM saw a significant 29% year-on-year growth to approximately ₹6,800 crores. Systematic Investment Plan (SIP) AUM grew by 15% year-on-year to ₹2.0 trillion as of June 30, 2026, with a market share of 12.3%.

The company also saw an increase in its customer base, with unique customers reaching 1.82 crores, up 12% year-on-year. Total live folios stood at 2.2 crores, a 14% increase. Financially, the Operating Profit for the quarter was ₹907 crores, a 17% rise year-on-year. Profit After Tax (PAT) was ₹873 crores, showing a substantial 37% increase on a quarter-on-quarter basis.

SBI Funds Management Limited, with 34 years of experience, is a joint venture between State Bank of India and Amundi. The company offers a comprehensive range of products and has seen its digital ecosystem scale strongly, with 94% of investor transactions now routed through digital platforms. As of June 30, 2026, the company had 2,039 employees and 299 branches and points of acceptance.

Filing to action

What to do with a filing like this

SBI Funds Management Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by SBI Funds Management Limited. Read the original for the full detail.

View original filing