SBI Mutual Fund draws strength from India's premier and largest bank; the State Bank of India. Set up on July 1, 1955, the State Bank of India is the largest banking operation in the country.

Through years of commitment to service and national development, SBI has grown into an instrument of social change. Today, it has 9,039 branches in India (excluding 4599 branches of banking subsidiaries) and 54 offices in 28 countries spread over all time zones.

SBI entered into a Memorandum of Understanding with Société Générale Asset Management (SGAM), which offers retail investors, corporate clients and institutional investors a wide range of investment products. SGAM is a dominant player in Global Mutual Fund arena with presence in over 20 countries spanning Europe, United Sates, and Asia, managing over 250 billion Euros in assets