SBI Funds Management Q2 FY27 Operating Income ₹23,361 mn (H1)
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 23 Oct 2026, 05:56 PM IST · BSE ID: 3110f8f9-fa01-4720-86cb-71a889bf36b8
View Original BSE Filing (PDF)
💡
In Simple Terms
SBI Funds Management saw its half-year operating income grow 12% to ₹23,361 million, with managed assets at ₹13,140 billion.
🤖 AI Summary
- SBI Funds Management reported Operating Income of ₹23,361 mn for H1 FY27, a 12% YoY growth.
- Total Mutual Fund Quarterly Average AUM (MF QAAUM) was ₹13,140 bn as of September 30, 2026.
- The company maintained a 15.0% market share in MF QAAUM and 12.4% in Active MF QAAUM.
- Live SIPs reached 16.2 mn with 3.6 mn fresh SIPs added in H1 FY27, reflecting a 15% YoY growth in SIP AUM.
- Five new mutual fund schemes were introduced in Q2 FY27, enhancing the product suite.
🔢 Key Numbers — exact figures from BSE filing, not rounded
H1 FY27 Operating Income
₹ 23,361 mn
12%
H1 FY27 Operating Profit
₹ 17,972 mn
11%
MF QAAUM (as of Sep 30, 2026)
₹ 13,140 bn
MF QAAUM Market Share
15.0%
SIP AUM (as of Sep 30, 2026)
₹ 2,070 bn
15%
Distribution Partners
136K +
6%
🏢 How This Affects the Company
The 12% YoY growth in Operating Income for H1 FY27 and expansion of MF QAAUM to ₹13,140 bn demonstrate continued market presence and revenue generation capacity. Launching five new schemes and growing distribution partners to 136K+ could support future business expansion.
Operating Income for H1 FY27 increased to ₹23,361 mn, while Operating Profit reached ₹17,972 mn, indicating sustained financial performance. The Operating Margin stood at 37 bps, excluding passives.
The company's distribution network expanded to 136K+ partners, and it services 98% of India's pin codes, indicating extensive operational reach. Digital channels accounted for 94% of transactions during Q2 FY27.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results disclosure.
👤
Who Is Affected
All shareholders are indirectly affected by the company's financial performance and strategic initiatives to grow its asset base and market share.
🔍
Management Signal
The management's focus on expanding distribution, digital engagement, and product offerings indicates a strategy for continued growth and market leadership.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — assess sustained growth in Operating Income.
Update on MF QAAUM market share — check if 15% share is maintained.
Announcement of new product launches — monitor further expansion of product suite.
LOW RISK
Filing reports positive financial results and operational growth with no specific risks highlighted.
💡 Investor Takeaway
SBI Funds Management reported H1 FY27 Operating Income of ₹23,361 mn, an increase of 12% YoY. MF QAAUM stood at ₹13,140 bn with a 15.0% market share. The company added 3.6 mn fresh SIPs in H1 FY27, growing SIP AUM by 15% YoY.
⚖️ Strengths & Concerns
✅ Positives
- H1 FY27 Operating Income grew 12% YoY to ₹23,361 mn, reflecting solid revenue generation.
- MF QAAUM reached ₹13,140 bn with a 15.0% market share, indicating strong asset base and market position.
📅 Company Track Record
In Q1 FY27, SBI Funds Management reported Operating Income of ₹11,487 mn, up 15% YoY. Net Profit for Q1 FY27 was INR 8,728.06 million, a 3.29% YoY increase. H1 FY27 Operating Income growth of 12% YoY to ₹23,361 mn follows previous positive trends.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was SBI Funds Management's Operating Income for H1 FY27?
SBI Funds Management's Operating Income for H1 FY27 was ₹23,361 mn, representing a 12% YoY growth.
What was SBI Funds Management's Mutual Fund QAAUM as of September 30, 2026?
The Mutual Fund Quarterly Average AUM (MF QAAUM) for SBI Funds Management was ₹13,140 bn as of September 30, 2026.
How many live SIPs did SBI Funds Management have as of September 30, 2026?
SBI Funds Management had 16.2 mn live SIPs as of September 30, 2026, with 3.6 mn fresh SIPs added during H1 FY27.
What is SBI Funds Management's market share in MF QAAUM?
SBI Funds Management holds a 15.0% market share in MF QAAUM as of September 30, 2026.
How many new schemes did SBI Funds Management launch in Q2 FY27?
SBI Funds Management launched five new mutual fund schemes during Q2 FY27.
Questions based on this BSE filing only. For information purposes.