Investment update March, 2016

Transcription

1 Investment update March, 2016

2 Equity Fund Index From the Managing or s Desk Market Overview Equity Schemes Snapshot How to read Factsheet SBI Blue Chip Fund SBI Magnum Balanced Fund SBI Magnum Global Fund SBI Magnum MidCap Fund SBI Magnum Equity Fund SBI Magnum Taxgain Scheme SBI Emerging Businesses Fund SBI FMCG Fund SBI Pharma Fund SBI IT Fund SBI Contra Fund SBI Magnum Multicap Fund SBI Magnum Multiplier Fund SBI Nifty Index Fund SBI Magnum Comma Fund SBI PSU Fund SBI Infrastructure Fund SBI Arbitrage Opportunities Fund SBI Small And Midcap Fund SBI Dynamic Asset Allocation Fund SBI Banking And Financial Services Fund SBI Gold Fund

3 Debt Fund Index Debt and Liquid Schemes Snapshot SBI Ultra Short Term Debt Fund SBI Short Term Debt Fund SBI Magnum Monthly Income Plan SBI Premier Liquid Fund SBI Magnum Children' Benefit Plan SBI Magnum Income Fund SBI Magnum Gilt Fund Short Term Plan SBI Magnum Gilt Fund Long Term Plan SBI Magnum Monthly Income Plan Floater SBI Savings Fund SBI Dynamic Bond Fund SBI Corporate Bond Fund SBI Savings Fund SBI Magnum InstaCash Fund SBI Magnum InstaCash Fund Liquid Floater SBI Treasury Advantage Fund Comparative Performance for all Schemes Systematic Investment Plan () Total Expense Ratios Disclaimer SBI Funds Management Pvt Ltd Branches History of Debt Funds

4 From the Managing or s Desk Dinesh Kumar Khara MD & CEO Dear Friends, February was the month of anticipation, mainly for the big day Budget 2016! However much happened other than that. Led by weak global and domestic cues, Indian equity indices fell steeply in February. Key benchmarks - Nifty 50 and S&P BSE Sensex plunged 7.62% and 7.51%, respectively. The indices saw the biggest monthly fall, since November 2011 and the biggest fall in a Budget month since 2007 when indices plunged over 8%. Discouraging performance by banking stocks particularly after public sector banks reported disappointing quarterly earnings due to the jump in stressed assets and provisions to cover them was an important factor. Globally, a steep decline in equities intermittently, amid weakness in crude oil prices and anxiety over global economic growth, exacerbated losses in the domestic market. Oil prices slipped further after reports that Russia and members of Organization of the Petroleum Exporting Countries (OPEC) have agreed to freeze oil output at January levels, against expectations of a cut in production. Budget 2016 revealed the government s intentions and plans. With the global economy being fraught with uncertainties as the FM rightly pointed out, it is commendable that the Government is sticking to its fiscal deficit target while pursuing the growth agenda. In doing so he seems to be sending out a two pronged message, firstly to foreign investors saying that macroeconomic growth is high on its agenda and secondly confirming its commitment to the monetary authority regarding treading the path of fiscal discipline. It is also evident that the Government wants to focus on the growth of the rural sector with special focus on agriculture and a slew of measures to pursue it have been taken. The promise to double farm income in five years, the allocation of `38,500 crore towards MGNREGA, the rural job scheme in FY17, setting aside of `20,000 crore for a new irrigation fund, proposed internet-based e-markets to sell produce, improving digital literacy among rural India and introduction of soil card system are poised to strengthen the rural economy. Added focus on the skill development of women and small businesses and an environment where start-ups can flourish, are indicative of the Government s intent to further its agenda of development. The other significant announcement was in respect of the infrastructure sector, where the FM allocated `97,000 crore, the highest ever, for the development of roads. To fund the development initiatives, the FM proposes 1

5 to bridge the gap between the haves and have nots by imposition of tax on those receiving a dividend income in excess of `10 lakh and increase the surcharge on tax paid by people with incomes above Rs 1 crore from 12% to 15%. With regards to benefits provided to the MF investor, the FM announced that capital gains tax exemption would now be applicable to the merger of different plans in a mutual fund scheme. Further the relief provided on service tax for small distributors earning less than `10 lakhs per annum comes as a much needed succour to the distributor community. It will keep the small distributors motivated to promote mutual funds. Taking advantage of the market falls, Mutual Funds continued to invest in the markets pouring in around `6,000 crores in February taking the total invested so far in equity markets in 2016 to over `13,000 crores and over `76,000 in FY16 which is the highest ever. For investors wishing to invest to save tax, it is still not too late. Equity Linked Savings Schemes are an attractive option for those seeking to do more than just save tax. These schemes invest in equity markets to provide you market-linked returns and are taxefficient as per current regulations. SBI Magnum Taxgain Scheme (our open-ended ELSS offering), a proven fund in the ELSS category, with a track record of over 22 years and our New Fund Offer - SBI Long Term Advantage Fund Series III, a 10 year close-ended equity linked savings scheme, can be considered for the same. With Women s Day coming up on March 8th, I urge more and more women to take charge of their finances and plan, to achieve their financial goals in life. Only financial independence offers you an opportunity to live the life of your choice. Mutual Funds are a trusted investment vehicle to create wealth and enable you to achieve financial independence. Mutual Funds are and remain a convenient investment option for first-time as well as seasoned investors alike with different schemes for different needs. Make the right choice today. Plan and start investing through mutual funds. As always, we value your investments and look forward to your continued patronage. Warm Regards, For SBI Funds Management Private Ltd. Dinesh Kumar Khara Managing or & Chief Executive Officer 2

6 Market Overview Navneet Munot ED & CIO Budget outcome has been broadly favorable for the equity market. While some sectors reacted negatively on account of specific provisions, the support to the rural economy and increase in infrastructure spend augurs well for the growth and earnings in the long run. Now that the event is behind us, market will shift back its focus on global cues, economic data and earnings outcome. Global markets have stayed under pressure since the beginning of CY With commodity prices particularly crude oil bottoming out, we expect some stability in the global markets. On domestic front, fears about stress in balance sheets of corporate and banking sector, and quarterly earnings season accentuated the market woes. Valuations, relative to history and to emerging markets, have risen clearly implying expectations of an earnings recovery in the coming quarters. We believe the earnings cycle will pick up on the back of a mean reversion in the economic cycle, rate cuts and policy initiatives. By sticking to the fiscal consolidation path, government prevented any macro instability. India s macro-fundamentals are currently placed on a strong footing helped by conscious policy decisions by both RBI and the government. We believe that India is nearing the end of earnings downgrade cycle and the current stress induced by global events is offering a good entry opportunity for investors with long horizon. Navneet Munot Executive or & CIO SBI Funds Management Private Limited 3

7 EQUITY SCHEMES SNAPSHOT Fund Name SBI Magnum Balanced Fund SBI Magnum Taxgain Scheme SBI Magnum Multicap Fund SBI Magnum Equity Fund SBI Nifty Index Fund (Previously known as SBI Magnum Index Fund) SBI Magnum Multiplier Fund (Previously known as SBI Magnum Multiplier Plus Scheme) SBI Blue Chip Fund SBI Contra Fund (Previously known as SBI MSFU - Contra Fund) SBI Emerging Businesses Fund (Previously known as SBI MSFU - Emerging Businesses Fund) SBI FMCG Fund (Previously known as SBI MSFU - FMCG Fund) Type of the Scheme Allotment Date An Open-ended Balanced Scheme 31/12/1995 An Openended Equity Linked Savings Scheme 31/03/1993 An Open-ended Scheme 29/09/2005 An Open ended Equity Scheme 01/01/1991 An Open-ended Index Fund 17/01/2002 An Open-ended Equity Scheme 28/02/1993 An Open-ended Scheme 14/02/2006 An Open-ended Equity Fund 31/07/1995 An Open-ended Equity Fund 11/10/2004 An Open-ended Equity Fund 14/07/1999 Mr. R. Srinivasan Mr. Dinesh Ahuja Mr. Jayesh Shroff Mr. Richard D'souza Mr. R. Srinivasan Mr. Raviprakash Sharma Mr. Jayesh Shroff Ms. Sohini Andani Mr. R. Srinivasan Mr. R. Srinivasan Mr. Saurabh Pant Jan-2012 Oct-2008 Dec-2011 May-2009 Feb-2011 Jun-2007 Sep-2010 Jun-2011 May-2009 Jun-2011 Ideal Investment Horizon 3 Year + 3 Year + 3 Year + 3 Year + 3 Year + 3 Year + 3 Year + 3 Year + 3 Year + 3 Year + Minimum Investment Amount ` 5000 & in multiples of ` 1 ` 500 & in multiples of ` 500 ` 1000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 Additional Investment Amount ` 1000 & in multiples of ` 1 ` 500 & in multiples of ` 500 ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 For exit within 12 months from the date of allotment: For 10% of investment - Nil For remaining investments %; For exit after 12 months from the date of allotment - Nil NIL For exit within 6 months from the date of allotment - 1 %; For exit after 6 months but within one year from the date of allotment 0.50% For exit after one year from the date of allotment - Nil For exit within 1 year from the date of allotment - 1%; For exit after 1 year from the date of allotment - Nil Nil For exit within 12 months from the date of allotment %; For exit after 12 months from the date of allotment - Nil For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil For exit within 1 year from the date of allotment 1 %; For exit after 1 year from the date of allotment Nil For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil Nil Available (Minimum Amount) Dates Weekly Monthly Quarterly Weekly - Weekly & in & in multiples multiples of `1 of ` 500 thereafter for a thereafter for a minimum of 6 minimum of 6 Monthly - Monthly & in & in multiples multiples of ` of ` thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for year Quarterly & in multiples of ` 1 thereafter for year 15th/20th/25t h/30th (in case of February last business day) 15th/20th/25th /30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in multiples of ` 1 thereafter for minimum one year 15th/20th/25th /30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for year Quarterly & in multiples of ` 1 thereafter for year 15th/20th/25th /30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in multiples of ` 1 thereafter for minimum one year 15th/20th/25t h/30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for year Quarterly & in multiples of ` 1 thereafter for year 15th/20th/25th /30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in multiples of ` 1 thereafter for minimum one year 15th/20th/25th /30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in multiples of ` 1 thereafter for minimum one year 15th/20th/25th /30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in multiples of ` 1 thereafter for minimum one year 15th/20th/25th /30th (in case of February last business day) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for year Quarterly & in thereafter for year 15th/20th/25th /30th (in case of February last business day) CRISIL Balanced Fund Index S&P BSE 100 Index S&P BSE 500 Index Nifty 50 Index Nifty 50 Index S&P BSE 200 Index S&P BSE 100 Index S&P BSE 100 Index S&P BSE 500 Index S&P BSE Fast Moving Consumer Goods Index Please consult your financial advisor before investing. 4

8 EQUITY SCHEMES SNAPSHOT Fund Name SBI IT Fund (Previously known as SBI MSFU - IT Fund) SBI Pharma Fund (Previously known as SBI MSFU - Pharma Fund) SBI Magnum COMMA Fund Fund invests in stocks of commodity based companies SBI Magnum Global Fund SBI Magnum Midcap Fund SBI Arbitrage Opportunities Fund SBI Infrastructure Fund (Previously known as SBI Infrastructure Fund- Series 1) SBI PSU Fund SBI SMALL AND MIDCAP FUND Type of the Scheme An Open-ended Equity Fund An Open-ended Equity Fund An Open-ended Equity Scheme An Open-ended Scheme An Open-ended Scheme An Open-ended Scheme An Open-ended Scheme An Open-ended Equity Fund An Open-ended Equity Scheme Allotment Date 14/07/ /07/ /08/ /09/ /03/ /11/ /07/ /07/ /09/2009 Mr. Anup Upadhyay Mr. Tanmaya Desai Mr. Richard D'souza Mr. R. Srinivasan Ms. Sohini Andani Mr. Neeraj Kumar Mr. Richard D'souza Mr. Richard D'souza Mr. R. Srinivasan Jun-2011 Jun-2011 Aug-2014 May-2009 July-2010 Oct-2012 Aug-2014 Aug-2014 Nov Ideal Investment Horizon 3 Year + 3 Year + 3 Year + 3 Year + 3 Year + 1 Year + 3 Year + 3 Year + 3 Year + Minimum Investment Amount ` 5000 & in ` 5000 & in ` 5000 & in ` 5000 & in ` 5000 & in ` 5000 & in ` 5000 & in ` 5000 & in NA Additional Investment Amount ` 1000 & in ` 1000 & in ` 1000 & in ` 1000 & in ` 1000 & in ` 1000 & in ` 1000 & in ` 1000 & in NA Nil Nil For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil For exit within 12 months from the date of allotment %; For exit after 12 months from the date of allotment - Nil For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil For exit within 3 months from the date of allotment %; For exit after 3 months from the date of allotment - Nil For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil For exit within 1 year from the date of allotment - 1%; For exit after 1 year from the date of allotment - Nil For exit within 1 year from the date of allotment - 1%; For exit after 1 year from the date of allotment - Nil Available (Minimum Amount) Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for year Quarterly & in thereafter for year Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for year Quarterly & in thereafter for year Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in thereafter for year Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in thereafter for year Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for minimum one year Quarterly & in thereafter for year Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in thereafter for minimum six months (or) minimum ` 500 & in multiples of ` 1 thereafter for year Quarterly & in thereafter for year Weekly - Weekly & in 1000 & in multiples of `1 multiples of `1 thereafter for a thereafter for a minimum of 6 minimum of 6 Monthly - Monthly & in 1000 & in thereafter for thereafter for minimum six minimum six months (or) months (or) minimum ` 500 minimum ` 500 & in multiples & in multiples of of ` 1 thereafter ` 1 thereafter for minimum for minimum one year one year Quarterly - Quarterly & in 1500 & in thereafter for thereafter for year year NA Dates Weekly Monthly Quarterly 15th/20th/25th /30th (in case of February last business day) 15th/20th/25t h/30th (in case of February last business day) 15th/20th/25t h/30th (in case of February last business day) 15th/20th/25th /30th (in case of February last business day) 15th/20th/25th /30th (in case of February last business day) 15th/20th/25th /30th (in case of February last business day) 15th/20th/25th /30th (in case of February last business day) 15th/20th/25 th/30th (in case of February last business day) 15th/20th/25th/3 0th (in case of February last business day) S&P BSE - Information Technology Index S&P BSE HEALTH CARE Index Nifty Commodities Index S&P BSE Midcap Index S&P BSE Midcap Index CRISIL Liquid Fund Index Nifty Infrastructure Index S&P BSE PSU INDEX S&P BSE Small Cap Index Please consult your financial advisor before investing. 5

9 EQUITY SCHEMES SNAPSHOT Fund Name SBI Dynamic Asset Allocation Fund SBI Banking & Financial Services Fund SBI Gold Fund Type of the Scheme An Open Ended Dynamic Asset Allocation Scheme An Open Ended Sector Fund An Open Ended Fund of Fund Scheme Allotment Date 26/03/ /02/ /09/2011 Mr. Dinesh Balachandran- Equity & Equity related instruments & Debt and Money Market Instruments portion-ms. Nidhi Chawlainvestments in foreign securities of the Scheme. Ms. Sohini Andani Mr. Raviprakash Sharma Mar-2015 Feb-2015 Sep-2011 Ideal Investment Horizon 3 Year + 3 Year + 3 Year + Minimum Investment Amount ` 5000 & in multiples of ` 1 ` 5000 & in multiples of ` 1 ` 5000 & in Additional Investment Amount ` 1000 & in multiples of ` 1 ` 1000 & in multiples of ` 1 ` 1000 & in For exit within 12 months from the date of allotment %; For exit after 12 months from the date of allotment - Nil For exit within 12 months from the date of allotment %; For exit after 12 months from the date of allotment - Nil Exit after 1 year from the date of allotment - Nil. Exit within 1 year from the date of allotment 1% Available (Minimum Amount) Dates Weekly Monthly Quarterly Weekly - Weekly & in 1000 & in multiples of `1 multiples of `1 thereafter for a thereafter for a minimum of 6 minimum of 6 Monthly - Monthly & in 1000 & in thereafter for thereafter for minimum six minimum six months (or) months (or) minimum ` 500 minimum ` 500 & in multiples & in multiples of ` 1 of ` 1 thereafter for thereafter for minimum 12 minimum 12 months months Quarterly - Quarterly & in 1500 & in thereafter for thereafter for year year 15th/20th/25th 15th/20th/25th /30th (in case /30th (in case of February last of February last business day) business day) Weekly & in multiples of `1 thereafter for a minimum of 6 The minimum amount of investment for transactions is `6000 (aggregate) either through: (1) `100/- per month and in multiples of `1/- thereafter for minimum 60 months (2) `500/- per month and in multiples of `1/- thereafter for minimum 12 months (3) `1000/- per month and in multiples of `1/- thereafter for minimum 6 months (4) `500/- per quarter and in multiples of `1/- thereafter for minimum 12 quarters (5) `1500/- per quarter and in multiples of `1/- thereafter for minimum 4 quarters 5th/20th/25th/30th (in case of February last business day) 50% Crisil 1 year CD Index + 50% BSE S&P Sensex Nifty Financial Services Price of Physical Gold Please consult your financial advisor before investing. 6

10 How to read Factsheet? : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts. Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme. Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme. Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity. : or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an that invests Rs 500 every 15th of the month in an equity fund for a period of three years. NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund. : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec. : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs 101. Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit. Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield Standard Deviation : Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of riskadjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. Beta : Beta is a measure of an investment's volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security's price will be more volatile than the market. AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm. Holdings : The holdings or the portfolio is a mutual fund's latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager. Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories. Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds. Tracking Error : Measure that indicates how closely the portfolio return tracks the benchmark return. Tracking error is the standard deviation of the difference of returns between a portfolio and the benchmark over a specified holding period. 7

11 To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of equity stocks of companies whose market capitalization is at least equal to or more than the least market capitalized stock of S&P BSE 100 Index. An Open - Ended Scheme 14/02/2006 Reg-Plan Reg-Plan Dir-Plan Dir-Plan HDFC BANK LTD SUN PHARMACEUTICALS INDUSTRIES LTD INFOSYS LTD RELIANCE INDUSTRIES LTD LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 17-Jul-15 (Reg Plan) Jul-15 (Dir Plan) Mar-14 (Reg Plan) Nov Nov Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable % 11.18% ` 3, Crores ` 4, Crores Ms. Sohini Andani Sep-2010 Over 19 years S&P BSE 100 Index For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 13.69% : 0.87 : 0.66 : 0.80 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points TATA CONSULTANCY SERVICES LTD MARUTI SUZUKI INDIA LTD THE RAMCO CEMENTS LTD ULTRATECH CEMENT LTD LARSEN & TOUBRO LTD YES BANK LTD Grand Total SBI Blue Chip Fund will be at Moderately risk FINANCIAL SERVICES PHARMA IT 9.70 AUTOMOBILE 8.98 ENERGY 6.85 CEMENT & CEMENT PRODUCTS 6.04 CONSUMER GOODS 6.01 INDUSTRIAL MANUFACTURING 5.71 CONSTRUCTION 4.21 FERTILISERS & PESTICIDES 3.13 CHEMICALS 1.59 HEALTHCARE SERVICES 1.57 METALS 1.31 SERVICES 0.96 Large Cap Cash & Other Current Assets Other Current Assets comprise of Futures 3.87% Long term capital growth. Investment in equity shares of companies whose market capitalization is atleast equal to or more than the least market capitalized stock of S&P BSE 100 index to provide long term capital growth opportunities % Midcap 8

12 To provide investors long term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in a relatively safe portfolio of debt. An Open - Ended Balanced Scheme 31/12/1995 ` 3, Crores ` 3, Crores s Mr. R. Srinivasan -Equity Mr. Dinesh Ahuja -Debt Jan-2012 Mr. R. Srinivasan -Over 22 years Mr. Dinesh Ahuja -Over 16 years CRISIL Balanced Fund Index For exit within 12 months from the date of allotment: For 10% of investment - Nil For remaining investments %; For exit after 12 months from the date of allotment - Nil. Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 11.03% : 0.94 : 0.82 : 0.28 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points Reg-Plan Reg-Plan Dir-Plan Dir-Plan EQUITY DEBT TOP HOLDINGS SBI Magnum Balanced Fund INFOSYS LTD HDFC BANK LTD STATE BANK OF INDIA 3.18 PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD SJVN LTD HCL TECHNOLOGIES LTD ICICI BANK LTD THE INDIAN HOTELS CO. LTD BAJAJ FINANCE LTD COAL INDIA LTD % CGL % CGL % CGL % CGL ADANI PROPERTIES PRIVATE LTD JANALAKSHMI FINANCIAL SERVICES PVT. LTD REPCO HOME FINANCE LTD % CGL REPCO HOME FINANCE LTD STERLING & WILSON PVT. LTD. (Shapoorji Pallonji & Co. subsidiary) 1.21 Grand Total will be at Moderately risk LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 23-Dec-15 (Reg Plan) Dec-15 (Dir Plan) Sep-15 (Reg Plan) Sep-15 (Dir Plan) Jun-15 (Reg Plan) Jun-15 (Dir Plan) Mar-15 (Reg Plan) Mar-15 (Dir Plan) Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable % Large Cap Long term capital appreciation % Cash & Other Current Assets (Include Debt) FINANCIAL SERVICES IT SERVICES 9.55 AUTOMOBILE 6.29 INDUSTRIAL MANUFACTURING 5.44 ENERGY 4.38 CONSUMER GOODS 3.91 METALS 2.14 CHEMICALS 2.02 CEMENT & CEMENT PRODUCTS 1.76 HEALTHCARE SERVICES 1.66 MEDIA & ENTERTAINMENT 0.61 Investment in a mix of debt and equity through stocks of high growth companies and relatively safe portfolio of debt to provide both long term capital appreciation and liquidity % Midcap 9

13 To provide investors maximum growth opportunity through well researched investments in Indian equities, PCDs and FCDs from selected industries with high growth potential and in Bonds. An Open - Ended Equity Scheme Reg-Plan Reg-Plan Dir-Plan Dir-Plan LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 30-Oct-15 (Reg Plan) Oct-15 (Dir Plan) Jun-14 (Reg Plan) May Mar Mar Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. 30/09/1994 ` 2, Crores ` 2, Crores Mr. R. Srinivasan May-2009 Over 22 years S&P BSE Midcap Index For exit within 12 months from the date of allotment %; For exit after 12 months from the date of allotment - Nil Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 14.79% : 0.70 : 0.94 : 0.24 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD SOLAR INDUSTRIES INDIA LTD GRINDWELL NORTON LTD DR. LAL PATHLABS LTD PIDILITE INDUSTRIES LTD WHIRLPOOL OF INDIA LTD BRITANNIA INDUSTRIES LTD CHOLAMANDALAM INVESTMENT AND FINANCE CO. LTD SUNDARAM FINANCE LTD PAGE INDUSTRIES LTD Grand Total SBI Magnum Global Fund will be at Moderately risk INDUSTRIAL MANUFACTURING CONSUMER GOODS FINANCIAL SERVICES CHEMICALS 9.53 SERVICES 7.29 AUTOMOBILE 7.03 TEXTILES 4.91 HEALTHCARE SERVICES 3.61 IT 2.14 PHARMA 1.95 CONSTRUCTION 1.89 MEDIA & ENTERTAINMENT % Large Cap Long term growth opportunity 9.56% Cash & Other Current Assets 65.68% Investments in Indian equities, PCDs and FCDs from selected industries with high growth potential to provide investors maximum growth opportunity % Midcap Small Cap 10

14 To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of Midcap companies. Reg-Plan Reg-Plan Dir-Plan Dir-Plan LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 20-Mar-15 (Reg-Plan) Mar-15 (Dir-Plan) Aug-13 (Reg-Plan) Dec Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. An Open - Ended Scheme 29/03/2005 ` 1, Crores ` 1, Crores Ms. Sohini Andani July-2010 Over 19 years S&P BSE Midcap index For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in ` 1000 & in Standard Deviation : 16.85% Beta : 0.80 Sharpe Ratio : 1.13 Portfolio Turnover* : 0.24 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points CHOLAMANDALAM INVESTMENT AND FINANCE CO. LTD THE RAMCO CEMENTS LTD STRIDES ARCOLAB LTD DR. LAL PATHLABS LTD PI INDUSTRIES LTD 3.28 SANOFI INDIA LTD HEXAWARE TECHNOLOGIES LTD FAG BEARINGS INDIA LTD BRITANNIA INDUSTRIES LTD VA TECH WABAG LTD Grand Total SBI Magnum MidCap Fund will be at Moderately risk FINANCIAL SERVICES INDUSTRIAL MANUFACTURING PHARMA CONSUMER GOODS 9.28 FERTILISERS & PESTICIDES 8.74 HEALTHCARE SERVICES 5.98 CEMENT & CEMENT PRODUCTS 5.16 CONSTRUCTION 4.92 IT 4.74 SERVICES 4.62 MEDIA & ENTERTAINMENT 3.02 ENERGY 2.43 TEXTILES 1.52 AUTOMOBILE 1.52 TELECOM 0.38 Large Cap Long term capital appreciation 7.07% 12.15% Cash & Other Current Assets Investment predominantly in a well diversified equity stocks of Midcap companies. 8.01% 72.77% Midcap Small Cap 11

15 To provide the investor long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments. An Open - Ended Equity Fund 01/01/1991 ` 1, Crores ` 1, Crores Mr. R. Srinivasan May-2009 Over 22 years Nifty 50 Index Reg-Plan Reg-Plan Dir-Plan Dir-Plan INFOSYS LTD HDFC BANK LTD ITC LTD STATE BANK OF INDIA 5.66 COAL INDIA LTD AXIS BANK LTD HCL TECHNOLOGIES LTD ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD KOTAK MAHINDRA BANK LTD ICICI BANK LTD Grand Total LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 24-Apr-15 (Reg Plan) Apr-15 (Dir Plan) May-14 (Reg Plan) Dec Jan Dec Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. Large Cap 2.95% 97.05% Cash & Other Current Assets For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in FINANCIAL SERVICES IT ENERGY 8.81 SERVICES 6.47 CONSUMER GOODS 6.46 AUTOMOBILE 6.43 PHARMA 6.21 METALS 5.29 CHEMICALS 2.33 CEMENT & CEMENT PRODUCTS 2.19 INDUSTRIAL MANUFACTURING 2.16 ` 1000 & in Standard Deviation : 13.99% Beta : 0.93 Sharpe Ratio : 0.37 Portfolio Turnover* : 0.98 SBI Magnum Equity Fund Long term capital appreciation Investments in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities. Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points will be at Moderately risk 12

16 The prime objective of this scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investments made in the scheme under Section 80 C of the Incometax Act, It also seeks to distribute income periodically depending on distributable surplus. An Open - Ended Equity Linked Saving Scheme 31/03/1993 ` 4, Crores ` 4, Crores Mr. Jayesh Shroff Oct-2008 Over 13 years Reg-Plan Reg-Plan Dir-Plan Dir-Plan HDFC BANK LTD INFOSYS LTD RELIANCE INDUSTRIES LTD SHREE CEMENTS LTD TATA MOTORS LTD HOUSING DEVELOPMENT FINANCE CORPORATION LTD LUPIN LTD AXIS BANK LTD SKF INDIA LTD BRITANNIA INDUSTRIES LTD Grand Total LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 27-Mar-15 (Reg Plan) Mar-15 (Dir Plan) Mar-14 (Reg Plan) Mar-13 (Reg Plan) Mar Mar Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable % Large Cap 8.97% 0.32% Cash & Other Current Assets 70.44% Midcap Small Cap S&P BSE 100 Index NIL Weekly & in multiples of ` 500 thereafter for a minimum of 6 Monthly & in multiples of ` 500. ` 500 & in multiples of ` 500 ` 500 & in multiples of ` 500 Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 15.29% : 0.97 : 0.52 : 0.14 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points SBI Magnum Taxgain Scheme FINANCIAL SERVICES IT ENERGY PHARMA 8.97 AUTOMOBILE 8.72 SERVICES 6.10 CEMENT & CEMENT PRODUCTS 5.71 CONSUMER GOODS 4.39 CONSTRUCTION 3.76 INDUSTRIAL MANUFACTURING 3.49 FERTILISERS & PESTICIDES 2.24 TEXTILES 1.93 Long term appreciation Investment in a portfolio of equity shares, while offering deduction under Section 80 C of IT Act, will be at Moderately risk Investment under the Scheme has a lock-in period of 3 years. 13

17 (Previously known as SBI MSFU - Emerging Businesses Fund) The investment objective of the Emerging Businesses Fund would be to participate in the growth potential presented by various companies that are considered emergent and have export orientation/outsourcing opportunities or are globally competitive by investing in tthe stock representing such companies. The fund may also evaluate Emerging Businesses with growth potential and domestic focus. An Open - Ended Equity Fund 11/10/2004 ` 1, Crores ` 1, Crores Mr. R. Srinivasan May-2009 Over 22 years S&P BSE 500 Index For exit within 1 year from the date of allotment - 1 %; For exit after 1 year from the date of allotment - Nil. Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 14.77% : 0.81 : 0.48 : 0.60 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points Reg-Plan Reg-Plan Dir-Plan Dir-Plan PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD HDFC BANK LTD SOLAR INDUSTRIES INDIA LTD ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD MANPASAND BEVERAGES LTD DIVI'S LABORATORIES LTD DR. LAL PATHLABS LTD M INDIA LTD ELGI EQUIPMENTS LTD KOTAK MAHINDRA BANK LTD Grand Total SBI Emerging Businesses Fund will be at Moderately risk LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 28-Nov-14 (Reg Plan) Apr-13 (Reg Plan) Mar Jul Mar Oct Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable % CONSUMER GOODS SERVICES FINANCIAL SERVICES INDUSTRIAL MANUFACTURING 9.10 PHARMA 8.48 CHEMICALS 7.29 HEALTHCARE SERVICES 5.13 AUTOMOBILE 2.76 Long term appreciation 34.38% Large Cap 5.90% Cash & Other Current Assets Investments in companies that are considered emergent and have export orientation/outsourcing opportunities or are globally competitive to participate in growth potential of Indian businesses % Midcap Small Cap 14

18 (Previously known as SBI MSFU - FMCG Fund) To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy. There are four sub-funds dedicated to specific investment themes viz. Information Technology, Pharmaceuticals, FMCG, Contrarian (investment in stocks currently out of favour) and Emerging Businesses. An Open - Ended Equity Fund 14/07/1999 ` Crores ` Crores Mr. Saurabh Pant Jun-2011 Over 8 years S&P BSE Fast Moving Consumer Goods Index Nil Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in Reg-Plan Reg-Plan Dir-Plan Dir-Plan ITC LTD KANSAI NEROLAC PAINTS LTD PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD UNITED BREWERIES LTD TITAN CO. LTD MANPASAND BEVERAGES LTD NESTLE INDIA LTD BRITANNIA INDUSTRIES LTD VIP INDUSTRIES LTD HAWKINS COOKERS LTD Grand Total LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 29-May-15 (Reg Plan) May-15 (Dir Plan) May-13 (Reg Plan) Mar Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable % 9.85% Large Cap CONSUMER GOODS TEXTILES % Cash & Other Current Assets 65.66% Midcap Small Cap ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 14.47% : 0.86 : 0.38 : 0.37 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) for Ratio Calculation: 3 Years Monthly Data Points SBI FMCG Fund will be at risk Long term appreciation Equity Investments in stock of FMCG sector of the economy to provide sector specific growth opportunities. 15

19 Reg-Plan Reg-Plan LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 30-Jan-15 (Reg Plan) Dir-Plan (Previously known as SBI MSFU - Pharma Fund) To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy. There are four sub-funds dedicated to specific investment themes viz. Information Technology, Pharmaceuticals, FMCG, Contrarian (investment in stocks currently out of favour) and Emerging Businesses. An Open - Ended Equity Fund 14/07/1999 ` Crores ` Crores Mr. Tanmaya Desai Jun-2011 Over 6 years S&P BSE HEALTH CARE Index Nil Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 18.86% : 0.97 : 1.17 : 0.38 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) for Ratio Calculation: 3 Years Monthly Data Points Dir-Plan SUN PHARMACEUTICALS INDUSTRIES LTD LUPIN LTD AUROBINDO PHARMA LTD DIVI'S LABORATORIES LTD STRIDES ARCOLAB LTD TORRENT PHARMACEUTICALS LTD DR. LAL PATHLABS LTD ALKEM LABORATORIES LTD GLENMARK PHARMACEUTICALS LTD SEQUENT SCIENTIFIC LTD Grand Total PHARMA HEALTHCARE SERVICES 7.40 Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. Large Cap Cash & Other Current Assets SBI Pharma Fund will be at risk 35.04% Long term appreciation 0.93% 1.33% E q u i t y I n v e s t m e n t s i n s t o c k o f Pharmaceuticals sector of the economy to p r o v i d e s e c t o r s p e c i f i c g r o w t h opportunities % Midcap Small Cap 16

20 Reg-Plan Reg-Plan Dir-Plan Dir-Plan LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 26-Jun-15 (Reg Plan) Jun-15(Dir Plan) Aug-13 (Reg Plan) Jul-07 (Reg Plan) (Previously known as SBI MSFU - IT Fund) To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy. There are four sub-funds dedicated to specific investment themes viz. Information Technology, Pharmaceuticals, FMCG, Contrarian (investment in stocks currently out of favour) and Emerging Businesses. An Open - Ended Equity Fund 14/07/1999 ` Crores ` Crores Mr. Anup Upadhyay Jun-2011 Over 7 years S&P BSE - Information Technology Index Nil Weekly & in multiples of ` 1 thereafter for a minimum of 6 Monthly & in multiples of ` 1 thereafter for minimum six months (or) minimum ` 500 & in thereafter for year Quarterly & in multiples of ` 1 thereafter for year. ` 5000 & in ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 20.74% : 0.85 : 0.53 : 0.76 Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (6.96% th as on 29 February 2016) for Ratio Calculation: 3 Years Monthly Data Points INFOSYS LTD TATA CONSULTANCY SERVICES LTD HCL TECHNOLOGIES LTD TECH MAHINDRA LTD PERSISTENT SYSTEMS LTD KPIT CUMMINS INFOSYSTEMS LTD ECLERX SERVICES LTD HEXAWARE TECHNOLOGIES LTD NIIT TECHNOLOGIES LTD RAMCO SYSTEMS LTD Grand Total Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. Large Cap IT Cash & Other Current Assets SBI IT Fund will be at risk 21.45% Long term appreciation 6.07% 6.28% Equity Investments in stock of IT sector of the economy to provide sector specific growth opportunities % Midcap Small Cap 17