SBI Funds Management Limited — Q2FY27 earnings call summary

Filed 29 October 2026 · Official transcript

Q2 FY27 mutual fund quarterly average AUM grew 10% YoY to INR 13.14 lakh crores
Operating revenue H1 FY27 up 12% YoY to INR 2,336 crores; PAT INR 1,566 crores
One-time tech and hiring costs in Q2; recurring cost base set higher but to moderate
Equity yield stable at 62-63 bps; debt yield 34-35 bps; liquid yield 11-12 bps
SIP inflows strong with monthly SIP at INR 3,900 crores; 65% SIP inflows from B30 cities
AIF business growing with new head appointed; focus on private equity and credit
Investor sentiment improving with increased SIP and lump sum inflows despite volatility
Distribution network includes 136,000 partners; SBI channel contributes ~20% net inflows