SBI Funds Management Limited (SBIFML) offers investment management and advisory services to registered investment companies, high-net-worth individuals, private investors, and institutional investors, focusing on Indian securities. SBIFML offers a discretionary strategy where the potential investor is given a brief about the portfolio strategy before investing. In retail mandates which they offer, the strategies are not tailored to specifically meet a client’s individual financial needs. However, in institutional mandates they may tailor the strategies offered to suit client’s requirements.
Fee Structure
SBI Funds Management Limited (SBIFML) offers investment management and advisory services to clients who wish to invest in SBIFML's Mutual Fund, Offshore Fund and Portfolio Management & Investment Advisory businesses. There is no standard fee schedule for institutional portfolio management services. Fees are negotiated with clients individually. SBIFML charges fees as a percentage of assets or a fixed fee as well. Fees also include profit share above a certain threshold in a few mandates. Fees are generally paid quarterly.