SBI Emerging Business Fund focuses on emerging businesses and invests in companies that are considered emergent. It has the flexibility to invests across market caps. SBI Emerging Business Fund may invests into large, mid and/or small cap stocks in any proportion based on the market conditions making the most of various market phases. Visit SBI Mutual Fund to know more this fund at https://www.sbimf.com/en-us/equity-schemes/sbi-emerging-businesses-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 in companies that are
considered emergent and have export
orientation/ outsourcing opportunities or
globally competitive to participate in
growth potential of Indian businesses
potential to provide investors maximum
growth opportunity.

3. Capital Agnostic: Flexible
• Large, mid & small caps usually follow the same market trend
• However, during times of volatility, large caps have comparatively been more consistent; whereas, when
markets rally, mid & small caps have taken the lead
SBI Emerging Businesses Fund is a market capitalization agnostic fund; it may invest into large, mid and/or
small cap stocks in any proportion based on the market conditions making the most of different market
phases.
Source: Bloomberg. As on date: August 31, 2017.
-50%
0%
50%
100%
150%
2009 2010 2011 2012 2013 2014 2015 2016 2017
Annual Returns
S&P BSE Large Cap S&P BSE Mid Cap S&P BSE Small Cap

4. High Conviction: Focused Approach
• The portfolio invests in 20-30 stocks based on return expectationsHigh Conviction
• The current top 10 holdings amount to 64.71%Concentrated
• Since there are no sector holding limits, the portfolio is more flexible thereby
allowing the fund manager to hold the sectors that the fund manager believes
are the best suited for the portfolio
Flexibility

5. Bottom-up
Sell - Side
Primary
Research
Management
Interaction
Earnings ModelStress Testing
Valuations
Quantitative Tools
Bottom Up Strategy
 The fund has the flexibility to invest across market caps. However, to maintain liquidity on a portfolio basis, we
maintain a meaningful proportion in large caps
Bottom Up: Stock selection is from a bottom up perspective which uses a combination of factors including
business model, profitability, growth, management and valuations

6. Five Pillars of Bottom-up Stock Picking
Management:
Integrity, Capability
Consistency
Growth: Cyclicality,
Scalability,
Sustainability
Business Model:
Competitive Edge,
Market share, Brand
Franchise
Valuations:
Absolute valuations;
relative to historic
valuations & peers
Returns on Capital:
Past record,
sustainable drivers
A combination of the above factors are considered for stock picking under the bottom-up approach for mid & small
cap stocks

7. SBI Emerging Businesses Fund
Current Strategy
An actively managed, diversified equity portfolio, currently skewed towards mid and small caps given the
sheer size of the population available in this space and the price-value arbitrage due to lower coverage
The fund has no sector holding limits & may invest in any sectors as per the market view.
Since liquidity risks are technically higher and investment is made from a 3-year perspective. To offset this
liquidity risk, between one-fourth to one-fifth of the portfolio is into pure large caps (including cash, which
has an upper ceiling of 10%)
Source: CRISIL Fund Analyser
Risk Free rate : FBIL Overnight Mumbai Interbank Outright Rate 5.96% as on 31/August/2017
Basis for Ration Calculation : 3 Years Daily Data Points
Quantitative Data Ratio
Standard Deviation 12.50%
Beta 0.76
Sharpe Ratio 0.68
Expense Ratio (Regular Plan) 2.10%
Expense Ratio (Direct Plan) 1.40%

8. Asset Allocation
Fund Details
Currently portfolio skewed towards mid cap stocks
Sector Exposure (%)
Data as on 31.08.2017
Higher concentration on Financial Services,
Consumer Goods and Services
28
56
14
0 0
2
Large Cap Mid Cap Small Cap
Futures(Long) Futures(Short) Cash
32.49
18.59
13.28
13.23
10.96
7.48
1.79
FINANCIAL SERVICES
CONSUMER GOODS
SERVICES
INDUSTRIAL
MANUFACTURING
PHARMA
CHEMICALS
AUTOMOBILE

9. Funds Details
Top 10 Holdings Dividend History
Top 10 stocks comprise 64.71% of the fund
Data as on 31.08.2017
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/-
Past performance may or may not be sustained in future.
Stock Name
% of Total
AUM
PROCTER & GAMBLE HYGIENE AND HEALTH CARE LTD. 9.90
HDFC BANK LTD.
9.72
GRUH FINANCE LTD. 8.04
SOLAR INDUSTRIES INDIA LTD.
7.48
DIVI'S LABORATORIES LTD.
6.42
ELGI EQUIPMENTS LTD.
5.72
GREAT EASTERN SHIPPING COMPANY LTD.
5.36
KOTAK MAHINDRA BANK LTD. 4.86
WESTLIFE DEVELOPMENT LTD.
3.73
EQUITAS HOLDING LTD.
3.49
Record Date
Dividend
(in Rs./ Unit)
NAV
(on the day of
declaration of
dividend)
28-Apr-2017
(Regular Plan)
2.20 22.1892
28-Apr-2017
(Direct Plan)
3.00 30.5905
07-Apr-16
(Regular Plan)
2.00 20.1119
07-Apr-16
(Direct Plan)
2.50 27.4503
28-Nov-14
(Regular Plan)
2.70 21.2616
26-Apr-13
(Regular Plan)
2.50 15.3680
30-Mar-12 2.50 14.37
30-Jul-09 2.50 11.47
28-Mar-08 2.50 18.14
31-Oct-05 5.10 17.74

10. Synopsis
MAGNUM SECTOR
FUNDS UMBRELLA -
EMERGING
BUSINESSES FUND
High Conviction portfolio,
concentrated portfolio with no
sector bias
Bottom -up stock picking
approach for Mid & Small Caps
The scheme is ideal for investors who
would like to invest for long-term
capital appreciation
Market Capitalization
agnostic, may invest into
Large, Mid or Small caps

11. • 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.
Biographies

12. SBI Funds Management Private Limited
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
59,108 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 #
Source: SBI Analyst Presentation as on end December 2016. USD 1 = INR 67.95
# Source : Amundi website as on end December 2016

13. SBI Funds Management: India’s First Bank Sponsored Funds
Established in 1987: A leading asset manager in India
Broad
Investor
Base
AUM
USD 14.09 bn
Wide
Distribution
Network
Experienced
Investment
Team
Extensive
Product
Range
Broad
Investor
Base
AAUM
Rs. 1,68,816 crs
Wide
Distribution
Network
Experienced
Investment
Team
Extensive
Product
Range
 INR 1,68,816 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
* Quarterly average June 2017

14. 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

15. 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