SBI Magnum Equity Fund is an equity scheme that seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-equity-fund
2. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
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.
3. Introduction
WHY LARGE CAP?
INVESTMENT MANAGEMENT PROCESS
SBI MAGNUM EQUITY FUND
CURRENT PORTFOLIO HOLDING
FUND STATISTICS
SYNOPSIS
PERFORMANCE
FUND MANAGER BIOGRAPHIES
4. 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 future
Data as on Nov 30, 2016
*2016 returns are YTD Nov 2016
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
-60%
-40%
-20%
0%
20%
40%
60%
80%
100%
120%
140%
2009 2010 2011 2012 2013 2014 2015 2016*
Annual Returns
S&P BSE Large Cap S&P BSE Mid Cap S&P BSE Small Cap
80
90
100
110
120
130
140
150
Nov/14
Feb/15
May/15
Aug/15
Nov/15
Feb/16
May/16
Aug/16
Nov/16
Re-basedto100
S&P BSE Large Cap S&P BSE MID CAP S&P BSE SMALL CAP
5. Investment Management Process
Stock Universe
Quant Screening
Investment Universe
Fundamental analysis
Fund Mandate Risk Controls
Portfolio
A robust investment management process for portfolio construction to provide diversification as
well as maintain a balance of risk: return
6. 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 (6.51% as on 30/Nov/2016).
Basis for Ration Calculation : 3 Years Daily Data Points
QUANTITATIVE ANALYSIS
Standard deviation 14.32%
Beta# 0.95
Sharpe ratio# 0.73
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
7. SBI Magnum Equity Fund: Portfolio Holdings
Data as on 30.11. 2016
Top Sectors (%) Top 10 Holdings
Stock Name % of Total AUM
COAL INDIA LTD. 9.39
INFOSYS LTD. 7.52
STATE BANK OF INDIA 6.27
HCL TECHNOLOGIES LTD. 5.14
RELIANCE INDUSTRIES LTD. 4.21
KOTAK MAHINDRA BANK LTD. 4.13
ITC LTD. 3.25
COAL INDIA LTD. 3.18
AUROBINDO PHARMA LTD. 3.15
HINDUSTAN PETROLEUM CORPORATION
LTD.
3.15
34.33
15.28
10.44
8.39
7.43
6.22
5.22
5.05
2.13
1.09
4.42
Financial Services
IT
Energy
Pharma
Consumer Goods
Automobile
Metals
Services
Media & Entertainment
Construction
Cash & Other Assets
8. 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
Fund Statistics
FUND MANAGER Mr. R. SRINIVASAN
INCEPTION DATE JAN 01, 1991
BENCHMARK 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
9. 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
10. 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
30-Sep-15 to
30-Sep-16
30-Sep-14 to 30-
Sep-15
30-Sep-13 to 30-
Sep-14
Since Inception
Absolute Returns (%)
CAGR
Returns (%)
PTP Returns
(INR)
SBI Magnum Equity Fund 14.09 9.97 44.99 14.93 360,298
Nifty 50 Index (Scheme Benchmark) 8.33 -0.20 38.87 13.65 270,012
S&P BSE Sensex (Additional Benchmark) 6.54 -1.79 37.41 13.79 278,895
-10
0
10
20
30
40
50
30/09/2015 to
30/09/2016
30/09/2014 to
30/09/2015
30/09/2013 to
30/09/2014
Since Incpetion
SBI Magnum Equity Fund -Dividend
Nifty 50
S&P BSE Sensex
11. Performance of Schemes Managed by R. Srinivasan
30-Sep-15 to
30-Sep-16
30-Sep-14 to
30-Sep-15
30-Sep-13 to
30-Sep-14
Since Inception
Absolute Returns (%) CAGR Returns (%) PTP Returns (INR)
SBI Contra Fund 11.50 9.46 50.79 20.26 2,41,304
S&P BSE 100 Index
(Scheme Benchmark)
9.73 0.77 40.05 13.00 82,419
S&P BSE Sensex
(Additional Benchmark)
6.54 -1.79 37.41 11.43 64,708
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
30-Sep-15 to
30-Sep-16
30-Sep-14
to 30-Sep-
15
30-Sep-
13 to 30-
Sep-14
Since Inception
Absolute Returns (%)
CAGR
Returns
(%)
PTP
Returns
(INR)
SBI Emerging
Businesses Fund
15.98 10.02 65.20 21.48 1,04,220
S&P BSE 500 Index
(Scheme Benchmark)
11.45 3.19 45.92 14.69 52,118
S&P BSE Sensex
(Additional Benchmark)
6.54 -1.79 37.41 14.32 50,108
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.
30-Sep-15 to
30-Sep-16
30-Sep-14 to
30-Sep-15
30-Sep-13 to
30-Sep-14
Since Inception
Absolute Returns (%)
CAGR
Returns
(%)
PTP Returns
(INR)
SBI Magnum Global
Fund
9.71 18.77 77.70 15.28 228,870
S&P BSE Midcap
Index (Scheme
Benchmark)
21.92 13.31 70.00 N.A. N.A.
S&P BSE Sensex
(Additional
Benchmark)
6.54 -1.79 37.41 8.88 65,092
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.
12. Performance of Schemes Managed by R. Srinivasan
Performance of Scheme Managed by R. Srinivasan & Dinesh Ahuja
30-Sep-15 to
30-Sep-16
30-Sep-14
to 30-Sep-
15
30-Sep-13 to
30-Sep-14
Since Inception
Absolute Returns (%)
CAGR
Returns (%)
PTP Returns (INR)
SBI Small and Midcap Fund –
Growth
19.31 29.69 99.07 20.40 37,118
S&P BSE Small Cap Index
(Scheme Benchmark)
15.97 3.18 95.41 8.50 17,792
S&P BSE Sensex (Additional
Benchmark)
6.54 -1.79 37.41 8.00 17,219
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
30-Sep-15 to
30-Sep-16
30-Sep-14
to 30-Sep-
15
30-Sep-13 to
30-Sep-14
Since Inception
Absolute Returns (%)
CAGR
Returns (%)
PTP Returns (INR)
SBI Magnum Balanced Fund –
Growth
11.11 13.25 51.08 16.36 240,784
Crisil Balanced Fund Index
(Scheme Benchmark)
9.68 4.38 28.89 N.A. N.A.
S&P BSE Sensex (Additional
Benchmark)
6.54 -1.79 37.41 10.27 77,775
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. 13
NAV of the Schemes managed by the Fund Manager
Performance of Schemes Managed by R. Srinivasan
Scheme Name 30/09/2016 30/09/2015 30/09/2014 30/09/2013
SBI Magnum Equity Fund - Growth 83.5371 73.2232 66.5835 45.9215
SBI Emerging Bussinesses Fund - Growth 104.2198 89.8634 81.6823 49.4435
SBI Magnum Global Fund 94 - Growth 146.4535 133.4901 112.3929 63.2499
SBI Contra Fund - Growth 95.2542 85.4287 78.049 51.7607
SBI Small & Midcap Fund - Growth 37.1177 31.1101 23.9882 12.05
SBI Magnum Balanced Fund - Growth 105.0945 94.5893 83.5216 55.2837
14. • 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. 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.
Biographies
15. SBI Funds Management Private Limited
63% 37%
India’s premier and largest bank with over 200
years experience (Estd: 1806)
Asset base of USD 445 bn*
Pan-India network of ~23,010 branches and
57,986 ATM’s as at end of December 2015
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 1114 bn AuM as at end of June 2016
Ranking No 1 in Europe, Top 10 worldwide #
Source: SBI Analyst Presentation as on end June 2016. USD 1 = INR 67.03
# Source : Amundi website as on end June 2016
16. SBI Funds Management: India’s First Bank Sponsored Funds
Source: SBI Funds Management Private Limited, AMFI; Average AUM (AAUM) for the quarter ending on September 30, 2016
Established in 1987: 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 ~ 4.60 million folios related to
individual, corporate and institutional investors
Broad
Investor
Base
AUM
USD 14.09 bn
Wide
Distribution
Network
Experienced
Investment
Team
Extensive
Product
Range
Broad
Investor
Base
AAUM
Rs. 133,123 crs
Wide
Distribution
Network
Experienced
Investment
Team
Extensive
Product
Range
17. 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
independent team
Coherent monitoring
Group
Advantage
25 years of experience
Both domestic and
international strengths
Investors trust
18. 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