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Mutual Fund IPO: DRHP by March 2026; Shares likely to list by September - All you need to know

SBI Mutual Fund IPO: The shares of State Bank of India (SBI) are expected to witness active trading on Monday, February 23, as a result of the update given by the bank regarding the IPO of its asset management company, SBI Mutual Fund, and other business ventures. C S Setty, the chairman of India’s largest lender SBI, said on Friday, February 20, that SBI Mutual Fund is set to file its draft red herring prospectus (DRHP) for the initial public offering (IPO) by March, with the asset management company set to be listed by September. SBI Mutual Fund IPO: Shares likely to list by September