SBI Mutual Fund is set to launch its IPO on July 13, with a likely $1.2 billion issue size, making it one of the biggest in Indias financial sector. The offer-for-sale issue will see SBI and Amundi pare their stakes, with the price band announcement expected on July 9.

SBI Funds Management is preparing a $1.2 billion IPO launching the week of July 13, with State Bank of India and Amundi selling a 10% stake at a $12.3B

SBI Mutual Fund is set to launch its IPO on July 13, with a likely $1.2 billion issue size, making it one of the biggest in Indias financial sector. The offer-for-sale issue will…