Sohini Andani of SBI Mutual Fund has been with the fund house since October 2007. Andani has been one of the tallest women fund managers in the Rs 50 trillion Indian mutual funds industry
Currently, SBI holds a 60% stake in SBI Pension Funds. The bank will acquire the 20% stake held by SBICAPS, its wholly-owned subsidiary. Besides SBI and SBICAPS, SBI Funds Management owns a 20% stake in SBI Pension Funds.
India s thriving economy has also attracted $46 billion in FDI during FY2023, registering a remarkable growth of 89% since FY2014. This warrants scrutiny of the jurisdictions contributing to this inflow. Notably, Singapore emerged as the leading source of FDI to India, contributing 37% ($17.2 billion) of the basket. The small island nation of Mauritius had a 13.32% share followed by the US at 13.13%.