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7 FAMILY: THE CENTRE OF OUR LIVES CHILDREN Provide financial support to your child when he/she is growing up. SPOUSE Your better half should have financial freedom to shoulder responsibilities SIBLINGS Support your sibling s dream in a systematic manner PARENTS It's time to give financial happiness to your parents

8 WHAT MAKES BANDHAN SWP YOUR IDEAL FAMILY SOLUTION? Individual goals vary based on age. Important to identify appropriate investment avenues. Diverse goals Can cater to different requirements/needs. Gives flexibility to investor to choose from range of products. Need based solution One size may not fit all A single product may not fulfil all investment needs. Important to have various options. Bandhan SWP A solution-based approach to investing.

9 KEEPING YOU AT THE CENTRE OF WHAT WE DO: LIQUID EQUITY Product Oriented Approach Solution Oriented Approach DEBT HYBRID Strategies are decoded on the basis of Customer Needs along with the product.

10 WHAT IS BANDHAN SWP? A facility offered under Systematic Withdrawal Plan (SWP) that gives: REGULAR PAYOUTS TO YOUR LOVED ONES FROM YOUR MUTUAL FUND INVESTMENTS Option of setting periodic withdrawals of a set amount. The beneficiary of this plan can be any one of the following: Spouse, Parents, Children, or Siblings (15 years and above). Beneficiary has to be a resident individual only From growth options of eligible open-ended mutual fund schemes.

11 START YOUR BANDHAN SWP IN 4 STEPS: Invest a lumpsum amount in growth option of eligible openended mutual fund scheme. Fill up the form for Bandhan SWP facility, specifying beneficiary details, withdrawal amount, duration and other details. Submit beneficiary documents (like Proof of Address and Proof of Identity) confirming relationship and bank account proofs. Inflows come to the beneficiary s bank account on respective date. Note: Existing Investors can also enroll for Bandhan SWP facility.

12 Long-term wealth creation opportunities for remaining investments. Regular cash flows to your loved ones. - Potential tax-efficient* returns.

13 AS YOUR CHILDREN GROW UP, HELP THEM GROW FURTHER Mr. Sharma invested 18 lakhs on 1 st Jan 2015 in an Equity Oriented Scheme, to take care of his daughter s educational expenses for post graduation. His daughter, who is now 17, is all set to start her Graduation. For next 3 years, Mr. Sharma has ensured that his daughter gets monthly pocket money of 15,000. In the last 3 years, his daughter has been confident for taking up various projects as she has got a monthly sum of 15,000 (via Bandhan SWP) as pocket money. After completion of his daughter s graduation, Mr. Sharma got the benefit of tax efficiency of equity oriented scheme is still left with lakhs*, with which he can comfortably pay his daughter s fees for post graduation. Past performance may or may not be sustained in future. *As on January 31, For calculation, refer overleaf. This illustration is purely for explanation purpose. SBIMF does not guarantee returns on investment to the investor in the scheme or those opting for SWP on their holding in growth option.

14 - 1/2 Assuming investment of 18 lakhs done on 1 st Jan 2015 at an NAV of , Units = in an equity oriented scheme Date NAV ( ) (A) SWP ( ) (B) Units Withdrawn through SWP (C) - Cost of the Investment ( ) Capital Gain Tax ( ) (G) = Remaining Units (D) Profit ( ) (F) - (A )* C B/A C* %*F Net Profit ( ) F-G) Value of Remaining Units ( ) D*A 3-Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Jan

15 2/2 Invested Amount ( ) SWP Amount Withdrawn in 3 years ( ) Principal Component in withdrawal( ) Benefit for using SWP for Withdrawals Growth/Gains over principal amount ( ) Tax ( ) % STCG for withdrawal within 1 year Tax as % of SWP amount withdrawn during the year Balance Units at the end of the 3 rd year (G) Value of Investments( ) G* Current NAV % Tax Paid through Traditional Investment Avenue Invested Amount ( ) Interest (%) Interest ( ) Tax as % of Gains Tax ( ) % % Withdrawals through SWP are more tax efficient as one pays only 1908 as tax on gains i.e. 0.35% on withdrawals of 5,40,000 as compared to 1,04,288 in case of traditional saving instrument Source: Internal data compilation. Note: Past performance may or may not be sustained in future. The above examples including the taxation illustration for traditional investment are given for general information only. Load has not been taken into consideration. Units and numbers in the above calculations have been rounded off. Investments made in equity mutual fund schemes carry high risk and there is no assurance or guarantee that the objective of the schemes will be achieved. The above illustration should not be considered as any guarantee of returns to the investors who are opting for SWP. In view of the individual circumstances and risk profile, each investor is advised to consult their investment/tax advisor(s) before making a decision to invest. Valuation date January 31, The date of enrolment for SWP has been assumed on the first working day of every month. If the same is a non-business day, then the NAV of next business day has been taken into consideration for calculation purposes. In the above calculations, it has been assumed that investor falls under highest tax bracket (i.e. 30%) and total income of the investor does not exceed Rs. 50 lacs. The prevailing tax rates are as per Finance Act Tax rates could change in future and investors should consult tax advisors for the same. Gains on the redemption of units of mutual fund are treated as capital gains for income tax purpose. For equity-oriented schemes, gains on the investment for <=1 year are treated as Short-Term Capital Gains (STCG) and taxed at 15% while gains on investment greater than 1 year are treated as Long-Term Capital Gains (LTCG) and are exempt as per current tax regulations. Calculations of tax include the amount of tax plus surcharge. At the time of the redemption of units, redemption amount comprises two parts. One is the invested amount and the other is gains on the invested amount. STCG/LTCG tax is applicable only on the gains made on the redemption units. In case of Systematic Withdrawal Plan (SWP), at the time of redemption of each instalment, investor needs to pay STCG/LTCG tax only on the gains part and not on the invested amount. Over a period of time with market appreciation, in each SWP instalment, invested amount (principal) component decreases and growth/gains part increases. Thus it helps the investor over a period of time to consume less principal amount and thereby allowing the balance principal amount to grow further. Please note that unlike the traditional investment avenues like PPF, NSC, Bank FD, investment in mutual fund is subject to market risks. Hence, the performance of these asset classes is not strictly comparable. Please note that in the Union Budget 2018, it has been proposed to introduce Long Term Capital Gains (LTCG) on equity oriented mutual fund schemes. LTCG from sale of equity shares and equity mutual fund schemes are proposed to be taxed at 10%, if an individual s total capital gains cross Rs1 lakh. Currently, there is no LTCG tax if one holds the equity mutual fund units for more than a year. The Union Budget 2018 has proposed that all gains up to January 31, 2018 will be grandfathered. Only the Gains that would arise after January 31, 2018 would be considered. Education Cess is also proposed to change to 4%. Also, Exemption interest income on fixed deposits with banks has been proposed to be increased from Rs10,000/- to Rs50,000/- for Senior Citizens and TDS shall not be required to be deducted on such income, under section 194A. These changes have not been taken into consideration in the above illustration. The proposed changes could lead to increase in tax liability of investor for withdrawal made through SWP. Investors are requested to consult their tax / financial advisor before taking decision of investment / opting for Bandhan SWP facility.

16 A COMFORTABLE RETIREMENT FOR YOUR PARENTS Mr. Mehra invested 25 lakhs in a Debt oriented scheme (hybrid scheme) on 1 st Jan 2015, in order to ensure a comfortable retirement for his father. His father needs 25,000 every month to sustain household expenses. Mr. Mehra starts Bandhan SWP for his father from the next month (after investment) Now, his father gets 25,000 every month for next 3 years After 3 years, Mr. Mehra got the benefit of tax efficiency as applicable to debt oriented mutual fund scheme and is still left with lakhs*. Past performance may or may not be sustained in future. *As on January 31, For calculation, refer overleaf. This illustration is purely for explanation purpose. SBIMF does not guarantee returns on investment to the investor in the scheme or those opting for SWP on their holding in growth option.

17 1/2 Assuming investment of 25 lakhs done on 1 st Jan 2015 at an NAV of , Units = in a debt oriented mutual fund scheme Cost of the Investment ( ) Capital Gain Tax ( ) (G) = Value of Remaining Units ( ) Date NAV ( ) (A) SWP ( ) (B) Units Withdrawn through SWP (C) - B/A Remaining Units (D) Profit ( ) (F) - (A )* C Net Profit ( ) (F-G) C* %*F D*A 3-Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Jan

18 - 2/2 Benefit for using SWP for Withdrawals Tax ( ) % STCG Tax as % of SWP SWP Amount Principal Growth/Gains Balance Units Value of for withdrawal amount withdrawn Invested Withdrawn in 3 Component in over principal at the end of Investments ( ) within 3 years during 3 years Amount ( ) years withdrawal ( ) amount ( ) the year (G) G* Current NAV % Tax Paid through Traditional Investment Avenue Invested Amount ( ) Interest (%) Interest ( ) Tax as % of Gains Tax ( ) % % Withdrawals through SWP are more tax efficient as one pays only 37,725 as tax on gains i.e. 4.19% on withdrawals of 9,00,000 as compared to 1,44,844 in case of traditional saving instrument Source: Internal data compilation. Note: Past performance may or may not be sustained in future. The above examples including the taxation illustration for traditional investment are given for general information only. Load has not been taken into consideration. Units and numbers in the above calculations have been rounded off. Investments made in mutual fund are subject to market risk and there is no assurance or guarantee that the objective of the schemes will be achieved. The above illustration should not be considered as any guarantee of returns to the investors who are opting for SWP. In view of the individual circumstances and risk profile, each investor is advised to consult their investment/tax advisor(s) before making a decision to invest. Valuation date Jan 31, The date of enrolment for SWP has been assumed on the first working day of every month. If the same is a non-business day, then the NAV of next business day has been taken into consideration for calculation purposes. In the above calculations, it has been assumed that investor falls under highest tax bracket (i.e. 30%) and total income of the investor does not exceed Rs. 50 lacs. The prevailing tax rates are as per Finance Act Tax rates could change in future and investors should consult tax advisors for the same. Gains on the redemption of units of mutual fund are treated as capital gains for income tax purpose. For other than equity-oriented schemes, gains on the investment for <=3 year are treated as Short-Term Capital Gains (STCG) and taxed at 30% while gains on investment greater than 3 year are treated as Long-Term Capital Gains (LTCG). STCG are taxed at marginal tax rate applicable to the investor and LTCG are taxed at 20% (plus applicable surcharge & cess) with indexation benefit. Calculations of tax include the amount of tax plus surcharge. At the time of the redemption of units, redemption amount comprises two parts. One is the invested amount and the other is gains on the invested amount. STCG/LTCG tax is applicable only on the gains made on the redemption units. In case of Systematic Withdrawal Plan (SWP), at the time of redemption of each instalment, investor needs to pay STCG/LTCG tax only on the gains part and not on the invested amount. Over a period of time with market appreciation, in each SWP instalment, invested amount (principal) component decreases and growth/gains part increases. Thus it helps the investor over a period of time to consume less principal amount and thereby allowing the balance principal amount to grow further. Please note that unlike the traditional investment avenues like PPF, NSC, Bank FD, investment in mutual fund is subject to market risks. Hence, the performance of these asset classes is not strictly comparable. Please note that in the Union Budget 2018, it has been proposed to change the Education Cess to 4%. Also, Exemption interest income on fixed deposits with banks has been proposed to be increased from Rs10,000/- to Rs50,000/- for Senior Citizens and TDS shall not be required to be deducted on such income, under section 194A. The same has not been taken into consideration in the above illustration. Investors are requested to consult their tax / financial advisor before taking decision of investment / opting for Bandhan SWP facility.

19 A unique solution from SBI Mutual Fund, that helps you in giving confidence to your loved ones and nurturing their dreams -

20 DISCLAIMER This presentation is for information purposes only and is not an offer to sell or a solicitation to buy any mutual fund units/securities. The views expressed herein are based on the basis of internal data, publicly available information & other sources believed to be reliable. Any calculations made are approximations meant as guidelines only, which need to be confirmed before relying on them. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. Neither SBI Funds Management Private Limited, SBI Mutual Fund nor any person connected with it, accepts any liability arising from the use of this information. The recipient of this material should rely on their investigations and take their own professional advice. SBI Mutual Fund/SBI Funds Management Private Limited is not guaranteeing return on investments made in the scheme and/or by opting for this facility. In view of the individual circumstances and risk profile, each investor is advised to consult his / her financial/tax advisor(s) before making a decision to invest. Unlike traditional savings instruments, investment in mutual funds are subject to market risks. Hence, these asset class performances are not strictly comparable. For further details on the facility, investors are required to refer the website of the Fund Mutual Fund investments are subject to market risks, read all scheme related documents carefully. SBI FUNDS MANAGEMENT PRIVATE LIMITED (A joint venture between SBI & AMUNDI)