Product Labeling This product is suitable for investors who are seeking*: Riskometer Long term capital appreciation. Investments in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Introduction WHY LARGE CAP? INVESTMENT MANAGEMENT PROCESS SBI MAGNUM EQUITY FUND CURRENT PORTFOLIO HOLDING FUND STATISTICS SYNOPSIS PERFORMANCE FUND MANAGER BIOGRAPHIES
Why Large Cap? Re-based to 100 May/15 Aug/15 Nov/15 Feb/16 May/16 Aug/16 Nov/16 Feb/17 May/17 Annual Returns 150 140% 120% 100% 80% 60% 40% 20% 0% -20% -40% -60% 2009 2010 2011 2012 2013 2014 2015 2016 2017 140 130 120 110 100 90 80 S&P BSE Large Cap S&P BSE Mid Cap S&P BSE Small Cap S&P BSE Large Cap S&P BSE Mid Cap S&P BSE Small Cap Source: Bloomberg Large caps are generally more consistent & stable compared to small caps. While they may not generate aggressive returns, one may not see large declines in them either In a downward trending market, large caps tend to outperform mid and small caps Large caps generally recover faster than small and mid cap stocks Past performance may or may not be sustained in future Data as on 31.05. 2017
Investment Management Process Stock Universe Quant Screening Fundamental analysis Investment Universe Fund Mandate Portfolio Risk Controls A robust investment management process for portfolio construction to provide diversification as well as maintain a balance of risk: return
SBI Magnum Equity Fund Fund Philosophy Currently a focused large cap fund A concentrated portfolio, investing in 25 to 40 stocks, yet offering adequate diversification benefit Follows a top-down approach for investment, starting with analyzing the broader economic outlook, then identifying the sectors & eventually narrowing down to stock selection FUND FEATURES TOP DOWN APPROACH STYLE BOX QUANTITATIVE ANALYSIS Macro Outlook Growth Blend Value Standard deviation 13.55% Beta# 0.95 Sector Allocation Large Sharpe ratio# 0.63 Mid Total expense ratio (Regular) 2.10% Stock Selection Small Total expense ratio (Direct) 1.56% Source: CRISIL Fund Analyser. Risk Free rate : Overnight Mumbai Interbank Outright Rate (6.25% as on 31/May/2017). Basis for Ration Calculation : 3 Years Daily Data Points
SBI Magnum Equity Fund: Portfolio Holdings Top Sectors (%) Top 10 Holdings MEDIA & ENTERTAINMENT CONSTRUCTION TELECOM AUTOMOBILE SERVICES PHARMA CONSUMER GOODS ENERGY IT FINANCIAL SERVICES 1.95 3.35 3.36 4.32 5.20 6.06 9.17 11.15 14.39 36.54 Stock Name % of Total AUM HDFC BANK LTD. 9.83 ICICI BANK LTD. 7.97 ITC LTD. 7.22 STATE BANK OF INDIA 6.33 INFOSYS LTD. 5.25 HCL TECHNOLOGIES LTD. 5.19 RELIANCE INDUSTRIES LTD. 4.58 KOTAK MAHINDRA BANK LTD. 4.24 BHARTI AIRTEL LTD. 3.36 LARSEN & TOUBRO LTD. 3.35 Data as on 31.05.2017
Fund Statistics FUND MANAGER Mr. R. SRINIVASAN INCEPTION DATE JAN 01, 1991 BENCHMARK NIFTY 50 Index Dividend History Record Date Dividend (in Rs./ Unit) NAV (on the day of declaration of dividend) 29-Apr-16 (Regular Plan) 4.50 27.48 29-Apr-16 (Direct Plan) 5.00 32.32 24-Apr-15 (Regular Plan) 6.00 31.75 24-Apr-15 (Direct Plan) 7.00 36.76 02-May-14 (Regular Plan) 4.00 27.88 14-Dec-12 4.00 32.22 28-Jan-11 3.50 28.44 31-Dec-09 5.00 29.27 07-Nov-07 5.00 36.61 Face Value Rs. 10/- Past performance may not be sustained in the future. Pursuant to payment of dividend, the NAV of Dividend option of scheme/plan would fall to the extent of payout and statutory levy, if applicable.
Synopsis Large caps are relatively consistent & stable compared to mid & small cap SBI Magnum Equity Fund backed by robust investment management process SBI Magnum Equity Fund: focused large cap fund investing into 25-40 stocks Follows a top-down approach of investing
Performance 50 40 30 20 10 SBI Magnum Equity Fund - Reg Plan - Dividend Scheme Benchmark: - Nifty 50 Additional Benchmark: - S&P BSE Sensex 0-10 31/12/2015 to 30/12/2016 31/12/2014 to 31/12/2015 31/12/2013 to 31/12/2014 Since Inception 31/12/2015 to 30/12/2016 31/12/2014 to 31/12/2015 31/12/2013 to 31/12/2014 Since Inception Absolute Returns (%) CAGR Returns (%) PTP Returns (INR) SBI Magnum Equity Fund 4.51 2.43 42.65 14.42 332,896 Nifty 50 Index (Scheme Benchmark) 3.01-4.06 31.39 13.29 256,648 S&P BSE Sensex (Additional Benchmark) 1.95-5.03 29.89 13.45 266,462 Past performance may or may not be sustained in future. Returns (in %) other than since inception are absolute, calculated for dividend option and in INR are point-to-point (PTP) returns calculated on a standard investment of 10,000/-. It is assumed that dividends declared under the scheme have been reinvested at the then prevailing NAV. Growth option introduced on 27/11/2006. Additional benchmark as prescribed by SEBI for equity schemes is used for comparison purposes. Performance of dividend plan for investor would be net of dividend distribution tax as applicable. Performance calculated for Regular Plan.
Performance of Schemes Managed by R. Srinivasan SBI Magnum Global Fund S&P BSE Midcap Index (Scheme Benchmark) S&P BSE Sensex (Additional Benchmark) 31/12/15 to 30/12/16 31/12/14 to 31/12/15 Absolute Returns (%) 31/12/13 to 31/12/14 31/12/15 to 30/12/16 31/12/14 to 31/12/15 31/12/13 to 31/12/14 Since Inception Absolute Returns (%) CAGR Returns (%) PTP Returns (INR) SBI Contra Fund 2.40-0.10 47.66 19.34 220,670 S&P BSE 100 Index (Scheme Benchmark) S&P BSE Sensex (Additional Benchmark) Since Inception CAGR Returns (%) PTP Returns (INR) -2.00 7.92 66.56 14.54 205,545 4.69 8.04 54.37 N.A. N.A. 1.95-5.03 29.89 8.56 62,197 Past performance may or may not be sustained in future. Returns (in %) other than since inception are absolute, calculated for dividend option and in INR are point-to-point (PTP) returns calculated on a standard investment of 10,000/-. It is assumed that dividends declared under the scheme have been reinvested at the then prevailing NAV. Growth option introduced on 27/06/2005. Additional benchmark as prescribed by SEBI for long-term equity schemes is used for comparison purposes. Performance calculated for Regular Plan. Performance of dividend plan for investor would be net of dividend distribution tax as applicable. SBI Emerging Businesses Fund S&P BSE 500 Index (Scheme Benchmark) S&P BSE Sensex (Additional Benchmark) 31/12/15 to 30/12/16 31/12/14 to 31/12/15 Absolute Returns (%) 31/12/13 to 31/12/14 3.57-3.25 32.28 12.45 77,983 1.95-5.03 29.89 10.97 61,830 Since Inception CAGR Returns (%) PTP Returns (INR) 2.22 4.33 58.02 20.10 94,987 3.78-0.82 36.96 13.83 49,160 1.95-5.03 29.89 13.59 47,879 Past performance may or may not be sustained in future. Returns (in %) other than since inception are absolute, calculated for growth option and in INR are point-to-point (PTP) returns calculated on a standard investment of 10,000/-. Additional benchmark as prescribed by SEBI for equity schemes is used for comparison purposes. Performance calculated for Regular Plan. Past performance may or may not be sustained in future. Returns (in %) other than since inception are absolute, calculated for dividend option and in INR are point-to-point (PTP) returns calculated on a standard investment of 10,000/-. It is assumed that dividends declared under the scheme have been reinvested at the then prevailing NAV. Growth option introduced on 06/05/2005. Additional benchmark as prescribed by SEBI for equity schemes is used for comparison purposes. Performance of dividend plan for investor would be net of dividend distribution tax as applicable. Performance calculated for Regular Plan
Performance of Schemes Managed by R. Srinivasan SBI Small and Midcap Fund Growth S&P BSE Small Cap Index (Scheme Benchmark) S&P BSE Sensex (Additional Benchmark) 31/12/15 to 30/12/16 31/12/14 to 31/12/15 Absolute Returns (%) 31/12/13 to 31/12/14 CAGR Returns (%) Since Inception PTP Returns (INR) 1.29 20.56 110.66 18.73 35,098 1.77 6.76 69.24 7.33 16,769 1.95-5.03 29.89 7.05 16,453 Past performance may or may not be sustained in future. Returns (in %) other than since inception are absolute, calculated for growth option and in INR are point-to-point (PTP) returns calculated on a standard investment of 10,000/-. Additional benchmark as prescribed by SEBI for equity schemes is used for comparison purposes. Performance calculated for Regular Plan Performance of Scheme Managed by R. Srinivasan & Dinesh Ahuja SBI Magnum Balanced Fund Growth Crisil Balanced Fund Index (Scheme Benchmark) S&P BSE Sensex (Additional Benchmark) 31/12/15 to 30/12/16 31/12/14 to 31/12/15 Absolute Returns (%) 31/12/13 to 31/12/14 CAGR Returns (%) Since Inception PTP Returns (INR) 3.70 7.36 43.24 15.92 230,437 6.66 0.48 25.34 N.A. N.A. 1.95-5.03 29.89 9.90 74,315 Past performance may or may not be sustained in future. Returns (in %) other than since inception are absolute, calculated for dividend option and in INR are point-to-point (PTP) returns calculated on a standard investment of 10,000/-. It is assumed that dividends declared under the scheme have been reinvested at the then prevailing NAV. Growth option introduced on 25/05/2005. Additional benchmark as prescribed by SEBI for equity schemes is used for comparison purposes. Performance calculated for Regular Plan Performance of dividend plan for investor would be net of dividend distribution tax as applicable. Performance calculated for Regular Plan
Performance of Schemes Managed by R. Srinivasan NAV of the Schemes managed by the Fund Manager Scheme Name 31/03/2017 31/03/2016 31/03/2015 31/03/2014 SBI Magnum Equity Fund - Growth 86.0038 72.7772 75.4111 53.9569 SBI Emerging Businesses Fund - Growth 107.2962 90.0162 91.3274 59.3896 SBI Magnum Global Fund 94 - Growth 145.9724 126.6779 135.0365 81.3419 SBI Contra Fund - Growth 99.9558 83.5901 89.9794 61.9512 SBI Small & Midcap Fund - Growth 40.8611 31.268 28.777 15.1537 SBI Magnum Balanced Fund - Growth 109.1553 94.7017 94.9637 66.1133 13
Biographies Mr. Navneet Munot Navneet joined SBIFM as Chief Investment Officer in 2008. In his role Navneet is responsible for overseeing investments across asset classes worth over $29.10 billion. His prior stint was with Morgan Stanley Investment Management as Executive Director and head- multi strategy boutique. Prior to that, Navneet was the Chief Investment Officer - Fixed Income and Hybrid Funds at Birla Sun Life Asset Management Company Ltd. Navneet had been associated with the financial services business of the Birla group for 14 years and worked in various areas such as fixed income, equities and foreign exchange. Navneet holds masters in accountancy and business statistics from the University of Ajmer and is a Chartered Accountant from ICAI. He is a charter holder of the CFA Institute USA and CAIA Institute USA. He is also an FRM charter holder of Global Association of Risk professionals (GARP). Mr. R. Srinivasan Mr. Srinivasan joined SBI Funds Management as a Senior Fund Manager in May 2009, now heads equities and also directly manages a few funds. He has an experience of nearly 20 years in capital markets having worked with FCH, Principal PNB, Oppenheimer & Co, Indosuez WI Carr and Motilal Oswal, among others. Srinivasan is a post graduate in commerce and has done his MFM from the University of Bombay.
SBI Funds Management India s premier and largest bank with over 200 years experience (Estd: 1806) Asset base of USD 465bn* Pan-India network of ~23,737 branches and 59,108 ATM s as at end of December 2016 Servicing over 299 million customers Only Indian bank in Fortune 500 list; ranked among the top 100 banks in the world Global leader in asset management Backed by Credit Agricole and Amundi, the parent company of Amundi Asset Management listed in Euronext Paris More than 2,000 institutional clients and distributors in 30 countries Over 100 million retail clients via its partner networks USD 1083 bn AuM as at end of December 2016 Ranking No 1 in Europe, Top 10 worldwide # 63% 37% *Source: SBI Analyst Presentation as on end December 2016. USD 1 = INR 67.95 # Source : Amundi website as on end DEcember 2016
SBI Funds Management: India s First Bank Sponsored Funds A leading asset manager in India INR 1,57,025 Crores* AAUM in mutual funds Asset management across mutual funds, segregated managed accounts, domestic advisory & offshore advisory business Multiple asset classes ranging from equities and debt, money market to ETFs and structured funds Investment team of 35 professionals with strong track record Broad customer base with ~ 5.10 million folios related to individual, corporate and institutional investors Wide Distribution Network Broad Investor Base Wide Distribution Network Broad Investor Base Extensive Product Range Extensive Product Range AUM USD 14.09 bn AAUM Rs. 1,57,025 crs Experienced Investment Team Experienced Investment Team * Quarterly average March 2017
SBIFM: A Complete Framework Expertise Highly experienced team Strong industry relations Complete in-house research Processes Structured & Disciplined Rigorous investment templates Agility with Flexibility Risk Management Six member team Coherent monitoring Group Advantage 25 years of experience Both domestic and international strengths Investors trust
Disclaimer Mutual Fund investments are subject to market risks, read all scheme related documents carefully. This presentation is for information purposes only and is not an offer to sell or a solicitation to buy any mutual fund units/securities. The views expressed herein are based on the basis of internal data, publicly available information & other sources believed to be reliable. Any calculations made are approximations meant as guidelines only, which need to be confirmed before relying on them. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. Neither SBI Funds Management Private Limited, SBI Mutual Fund nor any person connected with it, accepts any liability arising from the use of this information. The recipient of this material should rely on their investigations and take their own professional advice