SBI Mutual Fund announced yet another strong yearly results

​SBI Mutual Funds announced its FY24 results, the total income of the company increased by 42.0% from Rs 2,413 Cr in FY23 to Rs 3,426 Cr in FY24. While the bottom line saw a significant jump of 54.7% from Rs 1,340 Cr in FY23 to Rs 2,073 Cr in FY24 as the PAT margin improved by 5% and moved to 60.5%. Total assets mobilized moved from Rs 25,83,924 Cr to Rs 24,11,449 Cr a downside of 6.7% and the market share of the company reduced from 17.7% in FY23 to 16.9% in FY24.