Investment update August 2016

Transcription

1 Investment update August 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 & Midcap Fund SBI Banking And Financial Services Fund SBI Gold Fund SBI Equity Saving 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 Magnum InstaCash Fund SBI Magnum InstaCash Fund Liquid Floater SBI Treasury Advantage Fund SBI Dynamic Asset Allocation 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, Indian equity indices put up an impressive performance in July s Nifty 50 and S&P BSE Sensex surged 4.23% and 3.90%, respectively. The rally was driven by positive domestic and global cues. On the domestic front, steady progress of monsoon and renewed optimism over domestic consumption following the Union Cabinet's acceptance of the recommendations of the Seventh Pay Commission, which will hike pay and pension of government employees, were the major boosters. Sentiments were boosted after the Cabinet approved changes to the Constitution Amendment Bill on the Good and Services Tax (GST), which led to hopes that the bill will get approved in the on-going Monsoon Session of Parliament. More gains were seen as the government infused Rs.22,915 crores to recapitalise 13 state-run banks and after the Cabinet approved the Model Shop & Establishment Bill, 2016 and the National Mineral Exploration Policy. Robust buying by FIIs, investing over Rs.12,000 crores which is the highest in 4 months, lifted the market with gains in global equities amid hopes that major global central banks would announce fresh stimulus measures; strong US monthly jobs data and easing Brexit worries also augured well for the local indices. The mutual fund industry continues to see active participation from retail investors even though some might feel the valuations currently have peaked. We have seen a lot of interest coming in to diversified equity and balanced funds with a steady book of around Rs.3,300 crores of regular monthly investments through s which only highlight the growing popularity of this immensely effective tool in long term wealth creation We at SBI Mutual Fund continue to propagate and firmly believe that if you want to save for your goals which are long-term in nature then equity-based funds work best, invest regularly and ignore any short-term market volatility. Also, a major philosophy we are 1

5 trying to inculcate amongst people is to Save First, Spend Later. If you first set aside a part of your monthly income towards investing for your future needs and live on the rest, life becomes simpler and automatically this habit goes a long way in creating wealth. This includes investing any windfall income, be it an annual bonus or an increment received, which can be directed via a lump sum amount or increasing (Top-Up) your current s. If these habits are in place then your financial future will be much brighter. As always, we value your investments and look forward to your continued patronage. Warm Regards, Dinesh Kumar Khara Managing or & Chief Executive Officer 2

6 Market Overview Navneet Munot ED & CIO Post Brexit, the market has started to build in a lesser probability of a potential US Fed rate hike and also more easing from other economies. Bank of England cut rate this week and announced additional quantitative easing which is higher than market expectations. Japan s Prime Minister Shinzo Abe unveiled fiscal stimulus measures. Australia cut its policy rate by 25bps, taking it to a record low at 1.5%. As of now, it appears that easy liquidity conditions could sustain in the visible future. Expectations of economic weakening are also possibly pushing monetary flows from Europe/developed market into Emerging markets and more specifically Asia. Notwithstanding the reduced effectiveness of monetary policy in the developed world, the central banks have once again jumped to yet another round of monetary easing. As highlighted in earlier notes, it is just about the time when these nations realize the inefficacy of further monetary easing and switch to a much more effective and much needed fiscal stimulus particularly infrastructure spending. The latter will not only lead to job additions thus better income levels but also holds the potential to crowd in private investment. A decade-long wait finally came to an end this week when the upper house of the Indian parliament cleared the Goods and Services Tax related Constitutional Amendment Bill. The bill clears the path for implementation of the GST, which essentially is a value-added tax system and subsumes a plethora of indirect taxes into one and ensures a single tax-rate across the country. The government has also readied model GST legislation and now needs to work on the next painful task of ironing out the thorny details of the proposed legislation. As per government plans, these details will be sorted out over the next three months, the GST Bill is likely to be tabled in the upcoming winter session of the Parliament and GST is proposed to be implemented from April The key issue today is not the speedy implementation, but rather the efficacy of the finally achieved GST regime. It would rather be desirable to have a slightly delayed but a well-thought out GST than to rush into the implementation of half-baked taxation system. The design of GST, including the as-yet unknown rate, and its implementation, will dictate its effectiveness. That said, this reform may be disruptive in the near-term and could also result in higher prices of select goods and services. But in the longer-term, holds the potential to boost economic activity substantially, improve the government s revenue by broadening tax base and improving tax compliance, reduce economic distortions caused by inter-state variations in taxes and help achieve better transmission of prices. Sensex posted sixth consecutive month of gains, retrieving the highest level since August 2015, fuelled both by $1.3 billion of inflows from abroad in July (the quickest pace since November) and revival of domestic funds flow in the equity market. Improved monsoon and sowing reports, the passage of the legendary 122nd Constitutional Amendment bill (GST), the pick-up of reform momentum by the government further improved the market sentiments. With adoption of Ind- AS (the new accounting standard) from this quarter, the results season has got extended to mid- September. But the earnings results released thus far indicate more hits than misses in the quarterly results. Fundamentally too, the incremental economic data reflects mild improvement in the economy. 3

7 While the current valuation at over 18 times FY17 earning is at a premium to the historical average, as of now it appears that the spade of reforms by the government and easy liquidity have built a suitable ground for the markets to remain at the upper end of valuations. Increasing global liquidity has the potential to take the global and Indian equity market to new highs, thus widening the gap between earnings reality and valuations. In the bond market, 10 year bond yields rallied by 28bps last month, 10 year AAA corp-bond yields by 26bp and 3-month T-bill by 53bp. Yields are near multi-year lows primarily owing to a huge correction in the domestic banking system liquidity (from a deficit of Rs. 2-3 trillion in March to a surplus of Rs. 300 billion in July) while easy global liquidity conditions have also helped. Further, it appears that market is interpreting Rajan s exit to lead to a more dovish successor. With significant improvement in monsoon and farm sowing news, the street has once again started to hope for reduction in food prices and CPI to come off by the year end. All these developments together have contributed to significant easing in bond yields. The banking system liquidity conditions are likely to stay comfortable till November though there could be intermittent tightness due to advance tax outflows in September and plausible FX selling by RBI to address FCNR(B) related dollar mismatches. And hence, there is still some steam left in bond yields. On the inflation front, the fixing of CPI target at 4% +/- 2% for next five years by the government under Monetary Policy Framework signals that both government and RBI is committed to contain inflation in India. It is a positive signal, indicates policy continuity and adds a huge credibility to India s macro policy. Stable and contained inflation is extremely essential for exchange rate stability and ensuring the continued FII and FDI interest in India. To that extent, the latest inflation print at 5.8% (for June 2016) is at the upper-end of the tolerance band. While we are confident of easing food price pressures; the higher revenue spend by the government, bottoming out of commodity prices, implementation of seventh pay commission, expectation of consumption led recovery in growth and finally the rolling-out of GST makes us wary of building reflationary pressures in the non-food segment. In our view, inflation is likely to be sticky around 5-5.5% over next one year which consequently leaves very limited scope for additional rate cuts. That said, government s focus to ease business conditions, reforms envisaged for the rural sector and infrastructure is likely to result in higher productivity which could lower inflation further to 4% in the medium to longer term. Owing to current mix of events and comfortable liquidity outlook for next few months, we remained tactically exposed to the longer end of the curve, but would be inclined to remain overweight in the 5-8 year bucket of G-secs. We remain alert towards any material changes in global scenario and local macro parameters that could alter the outlook on policy rate cuts and also the medium term CPI targets. Navneet Munot Executive or & CIO SBI Funds Management Private Limited 4

8 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 14/07/1999 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 Minimum Investment Amount 3 Year + ` 5000 & in multiples of ` 1 3 Year + ` 500 & in multiples of ` Year + ` 1000 & in multiples of ` 1 3 Year + ` 5000 & in multiples of ` 1 3 Year + ` 5000 & in multiples of ` 1 3 Year + ` 5000 & in multiples of ` 1 3 Year + ` 5000 & in multiples of ` 1 3 Year + ` 5000 & in multiples of ` 1 3 Year + ` 5000 & in multiples of ` 1 3 Year + ` 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 For exit within 15 days from the date of allotment %; For exit after 15 days from the date of allotment - Nil Available,,,,,,,,, (Minimum Amount) 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 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 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 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 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 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 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 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 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 Dates Weekly Monthly Quarterly 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25t h/30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25t h/30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) CRISIL Balanced Fund - Aggressive Index (w.e.f. 16/06/2016) 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. 5

9 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 & 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 For exit within 15 days from the date of allotment %; For exit after 15 days from the date of allotment - Nil (w.e.f. 15/07/2016) For exit within 15 days from the date of allotment %; For exit after 15 days from the date of allotment - Nil (w.e.f. 15/07/2016) 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 1 month from the date of allotment %; For exit after 1 month from the date of allotment - Nil (w.e.f. 15/07/2016) 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 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25t h/30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25t h/30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th /30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25 th/30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/ 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 Nifty Midsmall 400 Index (w.e.f. 16/06/2016) 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. 6

10 EQUITY SCHEMES SNAPSHOT Fund Name SBI Banking & Financial Services Fund SBI Gold Fund SBI Equity Savings Fund Type of the Scheme An Open Ended Sector Fund An Open Ended Fund of Fund Scheme An Open Ended Equity Scheme Allotment Date 26/02/ /09/ /05/2015 Ms. Sohini Andani Mr. Raviprakash Sharma Mr. Neeraj Kumar - Arbitrage Portion Mr. Ruchit Mehta - Equity, Debt Feb-2015 Sep-2011 May-2015 Ideal Investment Horizon 3 Year + 3 Year + 3+ Minimum Investment Amount ` 5000 & in multiples of ` 1 ` 5000 & in ` 5000 & in Additional Investment Amount ` 1000 & in multiples of ` 1 ` 1000 & in ` 1000 & in 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% Exit within 1 year from the date of allotment 1%, 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 thereafter for minimum 12 months Quarterly & in thereafter for year 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 Weekly & in multiples of `1 thereafter for a minimum of 6 Monthly & in multiples of Re. 1 thereafter for minimum 6 months (or) minimum `500 & in multiples of Re. 1 thereafter for year Quarterly & in multiples of Re. 1 thereafter for year Dates Weekly Monthly Quarterly 1st/8th/15th/ 22nd 1st/5th/10th/ 15th/20th/25th/30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/5th/20th/25th/30th (in case of February last business day) 1st/8th/15th/ 22nd 1st/5th/10th/5th/20th/25th/30th (in case of February last business day) Nifty Financial Services Price of Physical Gold 30% Nifty % Crisil Liquid Fund Index Please consult your financial advisor before investing. 7

11 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. 8

12 Investment Objective 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 ` 7, Crores ` 7, Crores Ms. Sohini Andani Sep-2010 Over 21 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* : 14.22% : 0.86 : 1.26 : 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 (6.59% th as on 29 July 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points NET ASSET VALUE Reg-Plan Reg-Plan Dir-Plan Dir-Plan Of HDFC BANK LTD RELIANCE INDUSTRIES LTD INFOSYS LTD SUN PHARMACEUTICALS INDUSTRIES LTD HINDUSTAN PETROLEUM CORPORATION LTD UPL LTD MAHINDRA & MAHINDRA LTD INDUSIND BANK LTD LARSEN & TOUBRO LTD DIVI'S LABORATORIES LTD Grand Total SBI Blue Chip Fund will be at Moderately risk ASSET ALLOCATION FINANCIAL SERVICES PHARMA AUTOMOBILE ENERGY 8.06 IT 7.17 CEMENT & CEMENT PRODUCTS 6.35 CONSUMER GOODS 5.19 CONSTRUCTION 4.71 INDUSTRIAL MANUFACTURING 4.17 FERTILISERS & PESTICIDES 3.99 HEALTHCARE SERVICES 1.23 METALS 1.09 CHEMICALS 1.02 TELECOM 0.63 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. RATING CLASS 15.82% Large Cap 12.52% Cash & Other Current Assets Other Current Assets comprise of Futures 5.89% Long term capital appreciation. 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 9

13 Investment Objective 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 ` 5, Crores ` 5, Crores s Mr. R. Srinivasan -Equity Mr. Dinesh Ahuja -Debt Jan-2012 Mr. R. Srinivasan -Over 24 years Mr. Dinesh Ahuja -Over 18 years CRISIL Balanced Fund - Aggressive Index (w.e.f. 16/06/2016) 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 : 10.94% Beta : 0.91 Sharpe Ratio : 1.40 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 (6.59% th as on 29 July 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points NET ASSET VALUE Reg-Plan Reg-Plan Dir-Plan Dir-Plan EQUITY DEBT TOP HOLDINGS SBI Magnum Balanced Fund Of HDFC BANK LTD INFOSYS LTD STATE BANK OF INDIA 3.09 BAJAJ FINANCE LTD ECLERX SERVICES LTD DIVI'S LABORATORIES LTD EQUITAS HOLDING LTD KOTAK MAHINDRA BANK LTD COAL INDIA LTD PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD % CGL % CGL % CGL ADANI PROPERTIES PRIVATE LTD NATIONAL WAYS AUTHORITY OF INDIA 1.26 L&T METRO RAIL (HYDERABAD) LTD % CGL REPCO HOME FINANCE LTD REPCO HOME FINANCE LTD PIRAMAL ENTERPRISES LTD Grand Total will be at Moderately risk LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 24-Jun-16 (Reg Plan) Jun-16 (Dir Plan) Mar-16 (Reg Plan) Mar-16 (Dir Plan) 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. ASSET ALLOCATION FINANCIAL SERVICES SOVEREIGN IT SERVICES 9.97 AUTOMOBILE 6.33 CONSUMER GOODS 5.79 ENERGY 5.13 INDUSTRIAL MANUFACTURING 3.70 PHARMA 2.92 CONSTRUCTION 2.58 METALS 2.24 CEMENT & CEMENT PRODUCTS 2.03 CHEMICALS 1.80 HEALTHCARE SERVICES 1.19 MEDIA & ENTERTAINMENT 0.56 Long term capital appreciation. RATING CLASS 29.46% 4.88% Large Cap 30.58% Cash & Other Current Assets (Include Debt) 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 Small Cap 10

14 NET ASSET VALUE 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 Investment Objective 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 30/09/1994 ` 2, Crores ` 2, Crores Mr. R. Srinivasan May-2009 Over 24 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* : 14.13% : 0.68 : 1.49 : 0.23 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 ((6.59% th as on 29 July 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points Of PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD DIVI'S LABORATORIES LTD SUNDARAM FINANCE LTD WHIRLPOOL OF INDIA LTD SOLAR INDUSTRIES INDIA LTD MRF LTD PAGE INDUSTRIES LTD CHOLAMANDALAM INVESTMENT AND FINANCE CO. LTD DR. LAL PATHLABS LTD UNITED BREWERIES LTD Grand Total SBI Magnum Global Fund will be at Moderately risk Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. ASSET ALLOCATION CONSUMER GOODS INDUSTRIAL MANUFACTURING FINANCIAL SERVICES CHEMICALS SERVICES 9.82 AUTOMOBILE 7.07 TEXTILES 5.40 PHARMA 4.10 HEALTHCARE SERVICES 3.33 CONSTRUCTION 2.17 IT 2.16 MEDIA & ENTERTAINMENT 1.72 Long term capital appreciation. RATING CLASS Large Cap 6.76% 4.07% 71.80% Cash & Other Current Assets Investments in Indian equities, PCDs and FCDs from selected industries with high growth potential to provide investors maximum growth opportunity % Midcap Small Cap 11

15 NET ASSET VALUE Reg-Plan Reg-Plan Dir-Plan Dir-Plan LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 30-Jun-16 (Reg-Plan) Jun-16 (Dir-Plan) Mar-15 (Reg-Plan) Mar-15 (Dir-Plan) Aug-13 (Reg-Plan) Dec Investment Objective 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. An Open - Ended Scheme 29/03/2005 ` 2, Crores ` 2, Crores Ms. Sohini Andani July-2010 Over 21 years Nifty Midsmall 400 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 : 16.13% Beta : 0.71 Sharpe Ratio : 1.89 Portfolio Turnover* : 0.18 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 (6.59% th as on 29 July 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points Of CHOLAMANDALAM INVESTMENT AND FINANCE CO. LTD THE RAMCO CEMENTS LTD STRIDES SHASUN LTD CARBORUNDUM UNIVERSAL LTD SHRIRAM CITY UNION FINANCE LTD MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD SANOFI INDIA LTD DR. LAL PATHLABS LTD UPL LTD VOLTAS LTD Grand Total SBI Magnum MidCap Fund will be at Moderately risk ASSET ALLOCATION FINANCIAL SERVICES PHARMA INDUSTRIAL MANUFACTURING CONSUMER GOODS 8.99 FERTILISERS & PESTICIDES 8.06 HEALTHCARE SERVICES 6.48 CONSTRUCTION 5.89 CEMENT & CEMENT PRODUCTS 5.48 SERVICES 3.97 IT 2.96 MEDIA & ENTERTAINMENT 2.93 AUTOMOBILE 1.90 ENERGY 1.59 TEXTILES 0.71 TELECOM 0.26 Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. Long term capital appreciation RATING CLASS Large Cap 7.90% 9.02% Cash & Other Current Assets 9.08% Investment predominantly in a well diversified equity stocks of Midcap companies % Midcap Small Cap Other Current Assets comprise of Futures 2.32% 12

16 Investment Objective 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 24 years Nifty 50 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 NET ASSET VALUE Reg-Plan Reg-Plan Dir-Plan Dir-Plan Of HDFC BANK LTD INFOSYS LTD BHARAT PETROLEUM CORPORATION LTD STATE BANK OF INDIA 4.08 COAL INDIA LTD KOTAK MAHINDRA BANK LTD AXIS BANK LTD HINDUSTAN PETROLEUM CORPORATION LTD BAJAJ FINANCE LTD MAX FINANCIAL SERVICES LTD Grand Total LAST DIVIDENDS ASSET ALLOCATION FINANCIAL SERVICES IT ENERGY AUTOMOBILE 8.83 CONSUMER GOODS 8.45 PHARMA 8.24 SERVICES 5.05 METALS 3.95 CEMENT & CEMENT PRODUCTS 2.50 MEDIA & ENTERTAINMENT 2.20 CONSTRUCTION 0.27 Record Date Nav ( `) (in `/Unit) 29-Apr-16 (Reg Plan) Apr-16 (Dir Plan) 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 RATING CLASS 3.32% 1.68% Cash & Other Current Assets 95.00% Midcap ` 1000 & in Standard Deviation : 15.08% Beta : 0.94 Sharpe Ratio : 0.96 Portfolio Turnover* : 0.70 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 (6.59% th as on 29 July 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points will be at Moderately risk 13

17 Investment Objective 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 20 years NET ASSET VALUE Reg-Plan Reg-Plan Dir-Plan Dir-Plan Of HDFC BANK LTD INFOSYS LTD SHREE CEMENTS LTD TATA MOTORS LTD AXIS BANK LTD BAJAJ FINANCE LTD RELIANCE INDUSTRIES LTD HDFC LTD UPL LTD STATE BANK OF INDIA 3.00 Grand Total LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 11-Mar-16 (Reg Plan) Mar-16 (Dir Plan) 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. RATING CLASS 23.65% Large Cap 0.59% 5.46% Cash & Other Current Assets 70.30% 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* : 15.87% : 0.96 : 1.02 : 0.20 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 (6.59% th as on 29 July 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points SBI Magnum Taxgain Scheme ASSET ALLOCATION FINANCIAL SERVICES ENERGY AUTOMOBILE 8.76 IT 8.14 PHARMA 6.40 CEMENT & CEMENT PRODUCTS 6.21 SERVICES 5.99 CONSUMER GOODS 5.38 CONSTRUCTION 4.68 INDUSTRIAL MANUFACTURING 4.13 FERTILISERS & PESTICIDES 3.06 TEXTILES 2.08 TELECOM 0.84 CHEMICALS 0.78 Long term capital 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. 14

18 (Previously known as SBI MSFU - Emerging Businesses Fund) Investment Objective 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 the 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 24 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* : 14.23% : 0.76 : 1.30 : 0.54 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 (6.59% th as on 29 July 2016) Basis for Ratio Calculation: 3 Years Monthly Data Points NET ASSET VALUE Reg-Plan Reg-Plan Dir-Plan Dir-Plan Of HDFC BANK LTD PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD DIVI'S LABORATORIES LTD SOLAR INDUSTRIES INDIA LTD M INDIA LTD ELGI EQUIPMENTS LTD ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD THE GREAT EASTERN SHIPPING CO. LTD KOTAK MAHINDRA BANK LTD NAVKAR CORPORATION LTD Grand Total SBI Emerging Businesses Fund will be at Moderately risk LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 07-Apr-16 (Reg Plan) Apr-16 (Dir Plan) 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. ASSET ALLOCATION SERVICES CONSUMER GOODS FINANCIAL SERVICES INDUSTRIAL MANUFACTURING PHARMA CHEMICALS 6.42 HEALTHCARE SERVICES 3.33 AUTOMOBILE 2.62 Long term capital appreciation RATING CLASS Large Cap 9.06% 2.61% 49.98% 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 15

19 (Previously known as SBI MSFU - FMCG Fund) NET ASSET VALUE Reg-Plan Reg-Plan Dir-Plan Dir-Plan LAST DIVIDENDS Record Date Nav ( `) (in `/Unit) 29-May-15 (Reg Plan) May-15 (Dir Plan) May-13 (Reg Plan) Mar Investment Objective To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy. An Open - Ended Equity Fund 14/07/1999 ` Crores ` Crores Mr. Saurabh Pant Jun-2011 Over 9 years S&P BSE Fast Moving Consumer Goods Index For exit within 15 Days from the date of allotment %; For exit after 15 Days from the date of allotment - Nil. (w.e.f. 15/07/2016) 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 Of ITC LTD NESTLE INDIA LTD JUBILANT FOODWORKS LTD GREENPLY INDUSTRIES LTD TITAN CO. LTD INDIAN TERRAIN FASHIONS LTD MANPASAND BEVERAGES LTD UNITED BREWERIES LTD VIP INDUSTRIES LTD PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD Grand Total ASSET ALLOCATION CONSUMER GOODS TEXTILES 4.96 Pursuant to payment of dividend, the NAV of Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATING CLASS 18.25% 16.31% Large Cap 3.62% Cash & Other Current Assets 61.82% Midcap Small Cap ` 1000 & in Standard Deviation Beta Sharpe Ratio Portfolio Turnover* : 14.69% : 0.94 : 0.65 : 0.49 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 (6.59% th as on 29 July 2016) for Ratio Calculation: 3 Years Monthly Data Points SBI FMCG Fund will be at risk Long term capital appreciation Equity Investments in stock of FMCG sector of the economy to provide sector specific growth opportunities. 16