SBI Magnum Multicap Fund provides 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 and in debt and money market instruments. To learn more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-multicap-fund
SBI Magnum Multicap Fund: An Open-ended Growth Scheme - Nov 16
1.
2. Product Labelling
This product is suitable for investors who are seeking*: Riskometer
Long term capital appreciation
Investment in diversified basket of equity stocks
spanning the entire market capitalization spectrum to
provide both long term growth opportunities and
liquidity
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
3. Introduction
What is a Multi-cap Fund?
Variation in Market Performance
How Capitalization affects Risk & Returns
SBI Magnum Multi-cap Fund - Philosophy
Investment Management Process
Fund Features
Portfolio Holdings
Performance
4. What is Multi-Cap Fund?
These can invest in stocks across market capitalization. In other
words, they are market capitalization agnostic.
Diversified across all sizes of investible stocks
Portfolio comprises of large cap, midcap and small cap stocks.
5. Performance of Midcaps and Large caps can vary significantly over time
depending of different phase of the market cycle
S&P BSE Large Cap Outperformance
S&P BSE Mid Cap Outperformance
Variation in Market Performance
Source: Bloomberg, Data from 1st January 2006 to 30th November 2016. Returns for year 2016 are YTD .
Past performance may or may not be sustained in future
-30%
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
6. How capitalization affects risk and returns
Large Caps adds stability of returns and liquidity.
Mid and Small Caps add high growth
IncreasingExpectedReturns
Increasing Expected Risk
Large Cap
Mid Cap
Small Cap
Average
Returns
(CAGR)
Risk
(Std.Deviat
ion)
Reward /
Risk Ratio
S&P BSE
Large Cap
17.71% 39.32% 0.45
S&P BSE Mid
Cap
21.68% 50.52% 0.43
S&P BSE
Small Cap
23.43% 60.46% 0.39
Source: Bloomberg, Data from 1st January 2006 to 31st Dec 2015. Average Returns are Average 1 year rolling returns for every year.
Past performance may or may not be sustained in future
8. Fund Philosophy
Sector Neutral Portfolio: Achieve the full potential of each
sector with a range of choices across all capitalization
Bottom Up approach for stock selection
Cash calls only for liquidity purpose
9. Investment Management Process
A portfolio to provide diversification to all market capitalization as well as to
maintain a balance of risk & return
All Capitalization stocks for specific
sector
Screening & Ranking
Fundamental Analysis
Sector
Portfolio
Fund
Mandate
Risk Controls
BottomUpProcess
Top Stocks from each
sector portfolio
10. Fund Features
STYLE BOX
Growth Blend Value
Large
Mid
Small
Source: CRISIL Fund Analyser
Risk Free rate : FBIL 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 15.53%
Beta# 0.97
Sharpe ratio 1.09
Expense ratio
(Regular Plan)
2.18%
Expense ratio
(Direct Plan)
1.32%
Large Cap
53.8%
Mid Cap
38.2%
Small Cap
6.1%
Cash
2.0%
11. Portfolio Holdings
Data as on 30.11.2016
Top Sector Holdings Top 10 Holdings
Stock Name % of Total AUM
MAHINDRA & MAHINDRA FINANCIAL
SERVICES LTD.
4.95
STATE BANK OF INDIA 4.80
HDFC BANK LTD. 4.30
INFOSYS LTD. 4.02
EQUITAS HOLDING LTD. 3.64
HINDUSTAN PETROLEUM CORPORATION
LTD.
3.43
MARUTI SUZUKI INDIA LTD. 3.06
NESTLE INDIA LTD. 2.44
TATA POWER CO. LTD. 2.41
INDRAPRASTHA GAS LTD. 2.18
Nature of Instruments % of Total AUM
Financial Services 27.72
Consumer Goods 11.37
IT 9.08
Energy 8.98
Automobile 8.63
Pharma 7.79
Construction 5.96
Cement & Cement Products 3.39
Metals 2.82
Industrial Manufacturing 2.58
12. Performance
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 Growth Option. Since inception NAV is assumed as 10 Inception Date:
29/09/2005
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 Multicap Fund-Regular-
Growth
15.47 17.02 61.72 12.76 37,505
S&P BSE 500
(Scheme Benchmark)
11.45 3.19 44.92 11.51 33,186
S&P BSE Sensex
(Additional Benchmark)
6.54 -1.79 37.41 11.21 32,214
-10
0
10
20
30
40
50
60
70
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 Multicap Fund - Reg Plan -
Growth
S&P BSE 500
S&P BSE Sensex
13. 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 Comma Fund 34.31 -9.09 46.54 10.30 29,835
Nifty Commodities Index
(Scheme Benchmark)
33.89 -19.40 34.22 9.24 26,805
S&P BSE Sensex
(Additional Benchmark)
6.54 -1.79 37.41 12.35 36,636
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 long
term debt schemes is used for comparison purposes. Performance calculated for Regular Plan. Since inception NAV is assumed as 10. Inception Date:
08/08/2005
Performance of other Schemes Managed by Mr. Richard D’Souza
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 Infrastructure Fund 17.14 6.58 58.02 2.58 12,654
Nifty Infrastructure
(Scheme Benchmark)
-1.13 -6.48 41.45 -3.51 7,185
S&P BSE Sensex
(Additional Benchmark)
6.54 -1.79 37.41 6.96 18,622
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 short
term debt schemes is used for comparison purposes. Performance calculated for Regular Plan. Since inception NAV is assumed as 10. Inception Date:
06/07/2007.
14. 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 PSU Fund 15.27 -9.85 43.36 -0.03 9,979
S&P BSE PSU
(Scheme Benchmark)
11.47 -13.98 42.90 -3.59 7,960
S&P BSE Sensex
(Additional Benchmark)
6.54 -1.79 37.41 7.77 15,950
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. Since inception NAV is assumed as 10. Inception date:
07/07/2010
Performance of other Schemes Managed by Mr. Richard D’Souza
NAV of Schemes for which performance is given
Scheme Name 30/09/2016 30/09/2015 30/09/2014 30/09/2013
SBI Infrastructure Fund - Growth 12.6542 10.8026 10.136 6.4142
SBI Magnum Comma Fund - Growth 29.8346 22.2138 24.4354 16.6744
SBI Magnum Multi Cap Fund - Growth 37.5045 32.4794 27.7561 17.1627
SBI PSU Fund - Growth 9.9785 8.6568 9.6023 6.6981
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 290 million customers
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
Source: SBI Analyst Presentation as on end June 2016. USD 1 = INR 67.03
# Source : Amundi website as on end June 2016
16. SBI FM: Strengths Transforms To Experience
Established in 1987: A leading asset manager in India
16
AUM
INR 1,33,123
Cr
Experienced
Investment
Team
Extensive
Product
Range
* Quarterly average Sept, 2016
Broad
Investor
Base
AAUM
Rs. 133,123 crs
Wide
Distribution
Network
Experienced
Investment
Team
Extensive
Product
Range
INR 1,33,123 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 34 professionals with
strong track record
Broad customer base with over 40 lakh folios of
individual, corporate and institutional investors
17. • 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. Richard D’souza
Richard joined SBIFM in 2010. Richard joins us from ASK Investment Managers where he was the
portfolio manager for PMS mandates. Prior to joining ASK, Richard was a sell side analyst with
various broking firms like Antique Shares, Sunidhi Consulting and Alchemy Shares for 11 years. He
started his career in 1992 as a research analyst at Ajit Vajani Share Brokers. Richard is a science
graduate from the University of Mumbai.
Biographies
18. 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
19. 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