Page 22 - Banking Finance February 2026

MUTUAL FUND

SBI Mutual Fund launches

SBI Quality Fund with
quality-factor strategy M M M M Muu uu utt tt tuaua uaua ual Fl F l Fl F l Fuu uu unn nn ndd dd d
SBI Mutual Fund has announced the
launch of SBI Quality Fund, an open-
ended equity scheme based on the
Quality Factor investing theme. The News
new fund offer (NFO) will open for sub-
scription on January 28 and close on
February 11.
The scheme aims to generate long-
term capital appreciation by investing
in equity and equity-related instru-
ments of companies selected on the Baroda BNP Paribas Money Market Fund crosses Rs.
basis of quality metrics, including
strong fundamentals, sound gover- 4,500 crore AUM in six years
nance practices and sustainable busi- Baroda BNP Paribas Mutual Fund's Money Market Fund has completed six
ness models. The fund will invest be- years of operations, crossing assets under management (AUM) of Rs. 4,500
tween 80 and 100 per cent of its as- crore, underscoring growing investor preference for low-risk, high-liquidity
sets in quality-factor-based equity and debt products. The open-ended scheme invests in high-quality money mar-
equity-related instruments, including ket instruments and is positioned as a parking avenue for short-term sur-
REITs, while the balance may be allo- pluses with minimal interest rate and credit risk.
cated to other equities, debt securi- According to the fund house, the portfolio follows an active interest rate
ties, money market instruments and and liquidity-driven strategy while focusing on stable accrual. Investments
InvITs, in line with SEBI norms. are largely in AAA and A1+ rated securities, ensuring high credit quality. As
Nand Kishore, MD and CEO of SBI of January 15, 2026, the fund's regular plan delivered one-year returns of
Funds Management, said the fund 7.16 per cent, outperforming its benchmark, the CRISIL Money Market A-
aligns with the AMC's disciplined in- I Index, which reported sub-7 per cent returns.
vestment philosophy and seeks to par- In a declining interest rate environment, the scheme has offered a com-
ticipate in wealth creation across mar- petitive alternative to traditional short-term instruments. An investment of
ket cycles. D P Singh, Deputy MD and Rs. 1 lakh at launch would have grown to around Rs. 1.42 lakh over six years.
Joint CEO, said the scheme is suited for The fund is managed by Vikram Pamnani and Gurvinder Singh, with a port-
investors looking to build long-term folio yield to maturity of 6.78 per cent and a modified duration of 0.43 years.
equity exposure focused on financially
strong companies with healthy bal-
ance sheets. the financial services sector. The new other financial intermediaries, reflect-
fund offer is currently open and will ing the breadth of India's financial eco-
Edelweiss Mutual Fund close on February 10. system.
launches Financial Services The scheme seeks to generate long- The fund will be benchmarked against
term capital appreciation by adopting the Nifty Financial Services TRI and will
Fund a bottom-up stock selection approach, be managed by Ashwani Agarwalla,
Edelweiss Mutual Fund has launched focusing on businesses with strong fun- Trideep Bhattacharya and Amit Vora.
the Edelweiss Financial Services Fund, damentals, sustainable profitability The minimum investment amount dur-
an open-ended equity scheme that will and long-term growth potential. It will ing the NFO period is Rs. 100, and
invest primarily in equity and equity- invest across segments such as bank- thereafter in multiples of Re. 1.
related securities of companies across ing, insurance, capital markets and Radhika Gupta, MD and CEO of Edel-

BANKING FINANCE | FEBRUARY | 2026 | 19