SBI Funds Management has appointed Manish Mehta as Chief Business Officer, effective August 5, 2026. The appointment aims to strengthen the company’s business development and strategic partnerships capabilities by leveraging Mehta’s extensive experience in the banking, financial services, and insurance (BFSI) sector. This leadership addition is designed to drive growth across marketing, digital transformation, and customer acquisition fronts.

The Board of Directors approved the appointment on August 5, 2026, based on the recommendation of the Nomination and Remuneration Committee. The move complies with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Disclosure of information was also made as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026.

Appointment Details

Mehta joins SBI Funds Management as a Senior Management Personnel. His term of appointment is not specified as applicable in the regulatory filing. The intimation was issued on August 5, 2026, and is available on the company’s website in compliance with Regulation 46 of the SEBI Listing Regulations.

Professional Background

Manish Mehta brings over three decades of experience in the BFSI sector. His expertise spans business development, planning, strategic partnerships, marketing, digital transformation, customer experience, and customer acquisition. Prior to joining SBI Funds Management, he served as Co-Founder and Chief Executive Officer at Cap Alpha Investment Managers Private Limited from September 2025 to August 2026.

His earlier career includes significant tenures at Kotak Mahindra Asset Management Company Limited, where he served as Joint President and Head of Sales, Marketing and Digital Business from November 2014 to August 2025. He also held the position of President and CEO at Kotak Mahindra Inc. from September 2012 to November 2014, having previously served as Vice President from November 2010 to August 2012. Additionally, Mehta was Head Sales at AIG Investments India from November 2006 to March 2010 and at Kotak Mahindra Asset Management Company Limited from July 1999 to October 2006.

What the Numbers Show

The appointment reflects a strategic focus on senior leadership with deep industry roots. With over 30 years of experience, Mehta’s background suggests an emphasis on consolidating sales and marketing functions through established networks in the asset management space. His previous role as CEO at Cap Alpha Investment Managers indicates recent executive-level operational experience, which may influence the firm’s approach to strategic partnerships and digital business initiatives.

SBI Funds Management has made the audio recording of its earnings conference call for the quarter ended June 30, 2026, available to investors and stakeholders. The disclosure ensures transparency regarding the company's financial performance for the period, allowing market participants to review management commentary directly. This move aligns with regulatory mandates for timely and accessible information dissemination.

The earnings call was held on Monday, August 3, 2026, at 7:10 p.m. (IST). Pursuant to Regulation 30 read with Schedule III Part A Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed that the recording is hosted on its official website. The disclosure was issued under reference number FM/CS/2026/345 on August 3, 2026.

Management Guidance and Silent Period

During the concall, management indicated it is currently in a "silent period" and is therefore unable to provide specific guidance on future financial performance, including Quarterly Average Assets Under Management (QAAUM) growth or operating expenditure (OpEx). While refraining from formal OpEx guidance, management noted that future spending would be directed toward technology and human resources. For QAAUM growth, management suggested referencing the historical 17% growth recorded in the last quarter as an indicator. Additionally, during the IPO period, management had provided guidance specifically regarding the increase in NISM-certified bank employees.

The following table summarizes the key guidance points shared during the concall:

Regulatory Compliance and Disclosure Details

The company cited compliance with Regulation 46 of the SEBI Listing Regulations as the basis for making the audio recording publicly accessible. The recording can be accessed at the investor presentation section of the company's website. Vinaya Datar, Chief Compliance Officer, Company Secretary, and Head Legal, signed the disclosure letter addressed to the National Stock Exchange of India Limited and BSE Limited.

Key Personnel and Trustee Information

The disclosure was authorized by Vinaya Datar, who holds membership number ACS 15527 with the Institute of Company Secretaries of India. The trustee for SBI Mutual Fund is identified as SBI Mutual Fund Trustee Company Private Limited, bearing CIN U65991MH2003PTC138496. The company's registered office is located at Crescenzo, Plot C-38 & 39, G Block, Bandra Kurla Complex, Bandra (E), Mumbai. Investors are directed to the company's website for detailed financial data discussed during the call, with the recording serving as a primary source for analyzing management's perspective on the quarter's performance.