SBI Mutual Fund decreased its stake in SBFC Finance from 8.10% to 8.05%, selling 3,41,435 shares.
A systemically important non-banking financial company incorporated in 2008, SBFC Finance offers secured lending solutions primarily to micro, small, and medium enterprises across India. The company specializes in MSME loans and loans against gold, serving underserved borrower segments with customized credit products. Its focus on collateral-backed lending models and dedicated support for small business financing distinguishes it within the competitive NBFC sector.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
