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Bank-sponsored mutual fund houses led by SBI, HDFC, and ICICI Bank drove net inflows in FY25. SBI Mutual Fund received Rs 38,429 crore in FY25, a 48% increase from Rs 17,857 crore the previous year. The growth was largely due to a nearly threefold rise in inflows routed through parent State Bank of India, which contributed 68% of the total net inflows into SBI MF.

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