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SBI Pension Funds
SBI Pension Funds manages an AUM of over ₹5.6 trillion under NPS, UPS, and APY as of November 30, 2025. It registered with the PFRDA. It incorporated in...
SBI Pension Funds
SBI Pension Funds manages an AUM of over ₹5.6 trillion under NPS, UPS, and APY as of November 30, 2025. It registered with the PFRDA. It incorporated in December 2007 under sponsorship from the State Bank of India and SBI Funds Management Private Limited with a market share of over 35% of AUM for various subscribers.
General information
Firm type
Pension Fund
Year founded
2007
AUM
$67.5B (Altss estimate)
Location
Region
Asia
Country
India
City
Mumbai
Corporate office
1904, 19th Floor, B-Wing Parinee Crescenzo, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051, India
Principals
Pranay Ranjan Dwivedi
Managing Director and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at SBI Pension Funds?
Pranay Ranjan Dwivedi serves as Managing Director and CEO. The firm operates under PFRDA guidelines that define eligible asset classes and risk limits for NPS assets.
Does SBI Pension Funds participate in fund commitments or only direct deals?
The firm allocates to Category I and II AIFs and holds positions in listed equities and infrastructure trusts. No direct co-investment program is disclosed.
Where does the underlying wealth come from?
Assets consist of contributions from NPS, UPS, and APY subscribers. State Bank of India and SBI Funds Management own the manager itself.
What is SBI Pension Funds' known posture on co-investments alongside external GPs?
No direct co-investment activity is disclosed. Allocations occur through listed securities, InvITs, and AIFs.
How is SBI Pension Funds related to State Bank of India?
State Bank of India sponsors the firm and holds an 80 percent stake. SBI Funds Management holds the remaining 20 percent.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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