SBI Funds Management eyes new AIF capabilities, targets 1.4 million wealth customers by 2030
Mumbai, July 21 -- SBI Funds Management is planning to introduce new product capabilities under its Alternative Investment Funds (AIF) business and strengthen its fund management and fundraising capabilities, said SBI Funds Management CEO Debasish Mishra.
Speaking to the media after the listing ceremony of SBI Funds Management, Mishra said AIFs are among the key business segments where the asset manager is making significant investments.
"Our Alternative Investment Funds (AIF) is one of the big areas where we are making major investments. So you will see us announcing some new product capabilities on that, and we are also getting capabilities, both managing and raising funds," Mishra said.
He noted that Category II AIFs represent a lar...
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