The much-awaited SBI Funds Management IPO opened for public subscription on July 14 and will remain open until July 16. The ₹9,813-crore public issue is entirely an Offer for Sale (OFS), with shares scheduled to be listed on the BSE and NSE on July 21.
Mutual funds have emerged as one of the most preferred investment avenues for long-term wealth creation, offering investors multiple ways to grow their money. Among the most popular investment strategies are Systematic Investment Plans (SIPs) and lump sum investments.
