COMPANY DETAILS

PROFILE OF SBI MF SBI Mutual Fund is Indias largest bank sponsored mutual fund and has an enviable track record in judicious investments and consistent wealth creation. The fund traces its lineage to SBI - Indias largest banking enterprise. The institution has grown immensely since its inception and today it is India's largest bank, patronized by over 80% of the top corporate houses of the country.

SBI Mutual Fund is a joint venture between the State Bank of India and Socit Gnrale Asset Management, one of the worlds leading fund management companies that manages over US$ 330 Billion worldwide.

EXPLOITING EXPERTISE, COMPOUNDING GROWTH:

In eighteen years of operation, the fund has launched thirty-two schemes and successfully redeemed fifteen of them. In the process it has rewarded its investors handsomely with consistently high returns.

A total of over 20, 00,000 investors have reposed their faith in the wealth generation expertise of the Mutual Fund.

Schemes of the Mutual fund have consistently outperformed benchmark indices and have emerged as the preferred investment for millions of investors and HNIs.

Today, the fund manages over Rs. 35,000 crores of assets and has a diverse profile of investors actively parking their investments across 28 active schemes.

The fund serves this vast family of investors by reaching out to them through network of 82 collection branches, 26 investor service centers, 21 investor service desks and 21 district organizers. SBI Mutual is the first bank-sponsored fund to launch an offshore fund Resurgent India Opportunities Fund.

Growth through innovation and stable investment policies is the SBI MF credo. SBI Mutual Fund, one of the leading mutual funds has been awarded the Most Preferred Mutual Fund by CNBC Awaaz Consumer Awards 2006, an exhaustive consumer preference survey conducted by AC Nielson-Org Marg on behalf of CNBC Awaaz, a popular business channel. Moreover Economic Times has also given SBI MF, the title of being Indias Second Brand equity, mutual funds AMC

The consumer survey spread over 21 cities had 10,000 respondents who chose most preferred brands from 41 product and services categories. The survey was conducted in 14 states through a

structured questionnaire. Among the financial services, banks, mutual funds, life insurance companies, credit cards, housing loans, auto loans and financial advisory services were selected for the brand study. Fast Moving Consumer Goods, Consumer durables, telecom, auto, retail and hospitality and travel were some of the other sectors, which were considered for this exercise. Accepting the award, Mr. Deepak Chawla, Managing Director (before), SBI MF said, SBI MF is proud to receive this prestigious recognition as it reaffirms its commitment to investors. SBI Mutual Fund has been consistently spreading the awareness about mutual funds by investor education campaigns through the media and this has successfully raised awareness about Mutual funds.

VARIOUS EQUITY SCHEMES OFFERED BY SBI MF

The investments of these schemes will predominantly be in the stock markets and endeavor will be to provide investors the opportunity to benefit from the higher returns which stock markets can provide. However they are also exposed to the volatility and attendant risks of stock markets and hence should be chosen only by such investors who have high risk taking capacities and are willing to think long term. Equity Funds include diversified Equity Funds, Sectoral Funds and Index Funds. Diversified Equity Funds invest in various stocks across different sectors while sectoral funds which are specialized Equity Funds restrict their investments only to shares of a particular sector and hence, are riskier than Diversified Equity Funds. Index Funds invest passively only in the stocks of a particular index and the performance of such funds move with the movements of the index.

The different type of equity schemes are as follows: Magnum COMMA Fund :

The objective of the scheme would be to generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity business within the following sectors - Oil& Gas, Metals, Materials & Agriculture and in debt & money market instruments.

Scheme Highlights:

1. An open-ended equity scheme investing in stocks of commodity based companies. 2. Minimum Investment Rs. 5000 and in multiples of Rs. 1000 Dividend and Growth options available. Reinvestment and payout facility available. 3. Dividends will be completely tax-free. Long term capital gains to be completely tax-free. STT would be at the rate of 0.20% at the time of repurchase.

Magnum Equity Fund

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

Scheme Highlights:

1. A diversified equity fund, focusing on aggressive growth. 2. Ideal for investors who wish to benefit from the growth of the equity markets and are comfortable with the attendant volatility.

 Magnum Global Fund

To provide the investors maximum growth opportunity through well researched investments in Indian equities, PCDs and FCDs from selected industries with high growth potential and Bonds.

Scheme Highlights:

1. An open-ended equity scheme investing in stocks from selected industries with high growth potential. 2. Minimum Investment Rs. 2000 and in multiples of Rs. 1000 with Dividend and Growth options available. ^ Money Market Instruments will include Commercial Paper, Commercial Bills, Certificate of Deposit, Treasury Bills, Bills Rediscounting, Repos, Government securities having an unexpired maturity of less than 1 year, call or notice money, usance bills and any other such short-term instruments as may be allowed under the regulations prevailing from time to time. Magnum Index Fund

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the S&P CNX Nifty index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of S&P CNX Nifty index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.

Scheme Highlights:

1. An open-ended passively managed index fund tracking the S&P CNX Nifty Index where the investments will be made in all the stocks comprising the S&P CNX Nifty in the same proportion as their weightage in the index. 2. Following options available : Growth and Dividend.

3. Investors have the facility to switchover at NAV related prices to other open-end schemes of SBI Mutual Fund. This facility of switchover to other schemes is not available to NRIs and FIIs. Magnum MidCap Fund

To provide investors with opportunities for long-term growth in capital alongwith the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of companies whose market capitalization is between Rs. 200 crores to Rs.2000 crores and in debt and money market instruments.

Scheme Highlights :

1. Open-ended Growth scheme 2. CDSC not exceeding 1.5% for exit within 12 months from the date of reopening of the scheme. 3. Minimum investment: Rs. 5000 and in multiples of Rs. 1000. 4. Dividend & Growth options available.

Magnum Multicap Fund

To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum, debt and money market instruments.

Scheme Highlights :

1. Scheme opened for continuous sale and repurchase. 2. Dividend and Growth options available.Reinvestment and payout facility available. 3. Dividends will be completely tax-free. Long term capital gains to be completely tax-free. Short -term capital gains to be taxed at 10% (plus applicable surcharge and cess