Smriti Mandhana

SBI Funds Management IPO to open on July 14 to July 17, but investors should be cautious of the risks outlined in the DRHP. These include SEBI’s new regulations, changing investment trends, and high royalty. The new BER framework may affect profit margins, and there are concerns about revenue cannibalisation and contingent liabilities. The company doesn’t own the “SBI” brand.