Mumbai, Oct 23 (UNI) SBI Fund Management recorded a quarterly average asset under management (QAAUM)

Mumbai, Oct 23 (UNI) SBI Fund Management recorded a quarterly average asset under management (QAAUM) growth of 10% YoY to Rs13.1 trillion for the quarter ended September 30, the company said in a press release. Actively managed equity QAAUM stood at nearly Rs9 trillion, or a 9% YoY increase for the latest quarter. The amount constituted to a market share of 12.4%, reinforcing its position as the leader. The asset under management for Systematic Investment Plans (SIPs) stood at Rs2.07 trillion, up 15% YoY and representing a total market share of 12.3%. SBI Fund Management's operating revenue for the first…