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The share sale will include up to 3.73 crore share sale by SBI and up to 9.32 crore shares by Carlyle Group. SBI Mutual Fund emerged as the biggest asset management company in the country in January with total assets under management (AUM) of Rs 3.82 lakh crore. SBI Life Insurance shares have gained almost 60 per cent in a year. Quarterly Average AUM of SBI Mutual Fund (As of 31 Mar 2019) 2,84,123.64: Market Share in % 11.52