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*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Product LabelingThis 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.
Introduction
WHY LARGE CAP?
INVESTMENT MANAGEMENT PROCESS
SBI MAGNUM EQUITY FUND
CURRENT PORTFOLIO HOLDING
FUND STATISTICS
SYNOPSIS
PERFORMANCE
FUND MANAGER BIOGRAPHIES
Why Large Cap?
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
Source: Bloomberg
Past performance may or may not be sustained in futureData as on Jan 31, 2017
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
2010 2011 2012 2013 2014 2015 2016 2017-60%
-40%
-20%
0%
20%
40%
60%
80%Annual Returns
S&P BSE Large Cap S&P BSE Mid Cap S&P BSE Small Cap
Jan/
15
Apr/1
5
Jul/1
5
Oct/1
5
Jan/
16
Apr/1
6
Jul/1
6
Oct/1
6
Jan/
17
80 90
100 110 120 130 140 150
S&P BSE Large Cap S&P BSE MID CAP S&P BSE SMALL CAP
Re-b
ased
to
100
Investment Management Process
Stock Universe
Quant Screening
Investment Universe
Fundamental analysis
Fund Mandate Risk ControlsPortfolio
2500
sto
cks
500
stock
s
350
stock
s
35 to
50
stock
s
A robust investment management process for portfolio construction to provide diversification as well as maintain a balance of risk: return
SBI Magnum Equity Fund
Macro Outlook
Sector Allocation
Stock Selection
TOP DOWN APPROACH STYLE BOX
FUND FEATURES
Growth Blend Value
Large
Mid
Small
Source: CRISIL Fund Analyser. Risk Free rate : Overnight Mumbai Interbank Outright Rate (6.25% as on 31/Jan/2017). Basis for Ration Calculation : 3 Years Daily Data Points
QUANTITATIVE ANALYSIS
Standard deviation 14.32%
Beta# 0.95
Sharpe ratio# 0.77
Total expense ratio (Regular) 2.13%
Total expense ratio (Direct) 1.55%
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
SBI Magnum Equity Fund: Portfolio Holdings
Data as on 31.01.2017
Top Sectors (%) Top 10 Holdings
Stock Name % of Total AUM
HDFC BANK LTD. 9.69
INFOSYS LTD. 7.59
STATE BANK OF INDIA 6.08
HCL TECHNOLOGIES LTD. 5.21
RELIANCE INDUSTRIES LTD. 4.82
ITC LTD. 4.52
KOTAK MAHINDRA BANK LTD. 4.07 HOUSING DEVELOPMENT FINANCE CORPORATION LTD. 3.11
COAL INDIA LTD. 3.07
AUROBINDO PHARMA LTD. 3.07 Financial Services
IT
Energy
Consumer Goods
Pharma
Automobile
Metals
Services
Construction
Cash & Other Recivables
CBLO
- 5 10 15 20 25 30 35
33.20
15.01
12.79
8.39
7.62
7.18
5.15
5.11
1.10
1.79
2.66
Record Date Dividend (in Rs./ Unit)
NAV(on the day of declaration
of dividend)29-Apr-16 (Regular Plan) 4.50 27.4829-Apr-16 (Direct Plan) 5.00 32.32
24-Apr-15 (Regular Plan) 6.00 31.7524-Apr-15 (Direct Plan) 7.00 36.76
02-May-14 (Regular Plan) 4.00 27.8814-Dec-12 4.00 32.2228-Jan-11 3.50 28.4431-Dec-09 5.00 29.2707-Nov-07 5.00 36.61
Fund Statistics
FUND MANAGER Mr. R. SRINIVASAN
INCEPTION DATE JAN 01, 1991BENCHMARK NIFTY 50 Index
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.
Face Value Rs. 10/-
Dividend History
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
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
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
31/12/2015 to 30/12/2016
31/12/2014 to 31/12/2015
31/12/2013 to 31/12/2014
Since Inception
-10
0
10
20
30
40
50
SBI Magnum Equity Fund - Reg Plan - DividendScheme Benchmark: - Nifty 50Additional Benchmark: - S&P BSE Sensex
Performance of Schemes Managed by R. Srinivasan
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 19.34 220,670S&P BSE 100 Index(Scheme Benchmark) 3.57 -3.25 32.28 12.45 77,983
S&P BSE Sensex(Additional Benchmark) 1.95 -5.03 29.89 10.97 61,830
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
31/12/15 to 30/12/16
31/12/14 to 31/12/15
31/12/13 to
31/12/14Since Inception
Absolute Returns (%)CAGR
Returns (%)
PTP Returns
(INR)
SBI Emerging Businesses Fund 2.22 4.33 58.02 20.10 94,987
S&P BSE 500 Index (Scheme Benchmark) 3.78 -0.82 36.96 13.83 49,160
S&P BSE Sensex (Additional Benchmark)
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.
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 Magnum Global Fund -2.00 7.92 66.56 14.54 205,545
S&P BSE Midcap Index (Scheme Benchmark)
4.69 8.04 54.37 N.A. N.A.
S&P BSE Sensex (Additional Benchmark)
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.
Performance of Schemes Managed by R. Srinivasan
Performance of Scheme Managed by R. Srinivasan & Dinesh Ahuja
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 Small and Midcap Fund – Growth 1.29 20.56 110.66 18.73 35,098
S&P BSE Small Cap Index (Scheme Benchmark) 1.77 6.76 69.24 7.33 16,769S&P BSE Sensex (Additional Benchmark) 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
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 Magnum Balanced Fund – Growth 3.70 7.36 43.24 15.92 230,437Crisil Balanced Fund Index (Scheme Benchmark) 6.66 0.48 25.34 N.A. N.A.S&P BSE Sensex (Additional Benchmark) 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
13
NAV of the Schemes managed by the Fund Manager
Performance of Schemes Managed by R. Srinivasan
Scheme Name 30/12/2016 31/12/2015 31/12/2014 31/12/2013
SBI Magnum Equity Fund - Growth 77.1838 73.8499 72.0967 50.5412
SBI Emerging Bussinesses Fund - Growth 94.9869 92.9195 89.0626 56.3634
SBI Magnum Global Fund 94 - Growth 131.5278 134.2094 124.3635 74.6667
SBI Contra Fund - Growth 87.2065 85.1642 85.2475 57.7332
SBI Small & Midcap Fund - Growth 35.0975 34.6508 28.7407 13.643
SBI Magnum Balanced Fund - Growth 100.5786 96.9943 90.3475 63.0761
• Mr. Navneet Munot Navneet joined SBIFM as a Chief Investment Officer in 2008. In his current role as CIO, Navneet is
responsible for overseeing investments across various asset classes worth over USD11 billion. His prior stint was with Morgan Stanley Investment Management as Executive Director and head- multi strategy. Prior to Morgan Stanley, Navneet was the Chief Investment Officer - Fixed Income and Hybrid Funds at Birla Sun Life Asset Management Company Ltd. Navneet was 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 degree in accountancy and business statistics from 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 a FRM charter holder of Global Association of Risk professionals (GARP)
• Mr. R. SrinivasanMr. 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.
Biographies
SBI Funds Management
63% 37%
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
59,137 ATM’s as at end of September 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 1054 bn AuM as at end of September 2016 Ranking No 1 in Europe, Top 10 worldwide #
*Source: SBI Analyst Presentation as on end September 2016. USD 1 = INR 66.66# Source : Amundi website as on end September 2016
SBI Funds Management: India’s First Bank Sponsored Funds
Source: SBI Funds Management Private Limited, AMFI; Average AUM (AAUM) for the quarter ending on December 31, 2016
A leading asset manager in India
• Expertise in managing assets across mutual funds, segregated managed accounts, domestic advisory and offshore advisory business
• Multiple asset classes ranging from equities and debt, money market to ETFs and structured funds
• Investment team of 33 professionals with strong track record
• Broad customer base with ~ 5.10 million folios related to individual, corporate and institutional investors
Broad Investor
Base
AUM USD 14.09 bn
Wide Distribution
Network
Experienced Investment
Team
ExtensiveProductRange
Broad Investor
Base
AAUM Rs. 1,41,552 crs
Wide Distribution
Network
Experienced Investment
Team
ExtensiveProductRange
SBIFM: A Complete Framework
ExpertiseHighly experienced
teamStrong industry
relationsComplete in-house
research
ProcessesStructured & Disciplined
Rigorous investment templates
Agility with Flexibility
Risk Management
Six member teamCoherent monitoring
Group Advantage
25 years of experienceBoth domestic and
international strengthsInvestors 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
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