SBI Funds has entered the listed asset management space with a valuation that appears relatively modest despite being India's largest mutual fund house by assets under management (AUM).
Key Highlights
- SBI Funds AUM: ₹12.81 lakh crore
- HDFC AMC AUM: ₹9.62 lakh crore
- SBI Funds manages around 30% more assets than HDFC AMC.
- SBI Funds Market Capitalisation: ₹1.27 lakh crore
- HDFC AMC Market Capitalisation: ₹1.12 lakh crore
- Despite the higher AUM, SBI Funds trades at only a ~13% premium over HDFC AMC.
- Even after 9% listing gains, SBI Funds continues to trade at a relatively reasonable valuation.
- SBI Funds' extensive SBI branch network, especially across Tier 3 cities and rural India, is expected to be a major long-term growth driver.
According to the latest available data, SBI Funds manages ₹12.81 lakh crore in assets under management, nearly 30% higher than HDFC AMC's ₹9.62 lakh crore. However, the valuation gap between the two companies remains relatively narrow. SBI Funds currently commands a market capitalisation of approximately ₹1.27 lakh crore, compared with HDFC AMC's ₹1.12 lakh crore, representing only about a 13% premium.
The stock has already delivered around 9% listing gains, yet its valuation still appears reasonable when compared with other listed asset management companies, especially considering its leadership position in the mutual fund industry.
SBI Funds ne listed asset management space mein entry kar li hai, lekin valuation ke hisaab se yeh abhi bhi kaafi reasonable nazar aata hai, jabki AUM (Assets Under Management) ke maamle mein yeh India ka sabse bada mutual fund house hai.
Key Highlights
- SBI Funds AUM: ₹12.81 lakh crore
- HDFC AMC AUM: ₹9.62 lakh crore
- SBI Funds, HDFC AMC ke mukable lagbhag 30% zyada assets manage karta hai.
- SBI Funds Market Capitalisation: ₹1.27 lakh crore
- HDFC AMC Market Capitalisation: ₹1.12 lakh crore
- Itne bade AUM ke bawajood, SBI Funds sirf ~13% premium par trade kar raha hai.
- 9% listing gains ke baad bhi SBI Funds ki valuation kaafi reasonable maani ja rahi hai.
- SBI ka strong branch network, khaaskar Tier 3 cities aur rural India mein, long-term growth ka ek bada advantage ho sakta hai.
Latest data ke mutabik, SBI Funds ₹12.81 lakh crore ka AUM manage karta hai, jo HDFC AMC ke ₹9.62 lakh crore se kareeb 30% zyada hai. Phir bhi, dono companies ki market valuation mein itna bada difference dekhne ko nahi milta. SBI Funds ka market capitalisation lagbhag ₹1.27 lakh crore hai, jabki HDFC AMC ka ₹1.12 lakh crore, yani valuation premium sirf 13% ke aas-paas hai.
Listing ke baad stock mein lagbhag 9% ki tezi dekhne ko mili hai. Iske bawajood, valuation ko dekhte hue kai market participants ka maanna hai ki SBI Funds abhi bhi doosre listed AMC peers ke comparison mein reasonably valued hai, khaaskar jab company mutual fund industry mein AUM ke hisaab se market leader hai.