SBI Funds Management IPO

We are the largest asset management company (“AMC”) in India by quarterly average mutual fund assets under management (“QAAUM”), with QAAUM of ?12,499.70 billion and a mutual fund market share of 15.4% as of December 31, 2025, a position we have consistently held since March 2021 (Source: CRISIL Report). Including our Portfolio Management Services (“PMS”) and other advisory mandates (collectively with PMS, “Alternates”), our total QAAUM was ?29,040.26 billion as at December 31, 2025. We are India’s oldest AMC, acting as the investment manager to SBI Mutual Fund, which commenced operations in June 1987 as the first mutual fund entity outside the Unit Trust of India (Source: CRISIL Report). We are also India’s largest passive (exchange traded fund (“ETF”) and index funds) asset manager with passive (ETF and index funds) QAAUM of ? 3,999.53 billion representing a market share of 29.6% as at December 31, 2025, a leadership position we have held since March 2021 (Source: CRISIL Report). Our total QAAUM has grown at a compound annual growth rate (“CAGR”) of 18.42% between March 31, 2023, and March 31, 2025, while our mutual fund QAAUM has grown at a CAGR of 22.32% during the same period. Our equity, equity-oriented and equity-hybrids (excluding arbitrage and including overseas fund of funds) QAAUM grew at a CAGR of 36.32% during the same period.