Expert Take: As SBI Mutual Fund gears up for IPO, market veteran Sandip Sabharwal decodes the long-term bet – Markets

According to details from its draft prospectus, SBI Funds has appointed nine investment banks to steer the share sale, a lineup that includes Kotak Mahindra Capital Co., Axis Capital Ltd., SBI Capital Markets Ltd., JM Financial Ltd., and HSBC Holdings Plc.