SBI Mutual Fund, India’s largest asset manager, has filed for an IPO. The offering is entirely an offer for sale by its promoters, State Bank of India and Amundi India Holding. This move aims to provide liquidity to existing shareholders. The company manages significant assets and has a strong market share. Financial performance shows consistent growth and high profitability.
7 investing lessons from Jim Leitner for building the right market mindset
Leitner believes investors should remain open to new ideas and recognise that markets can challenge even experienced participants.