SBI Short Term Debt Fund

This product is suitable for investors who are

seeking:

Investment in debt and money-

market securities

Regular income for short term

Low risk

Disclaimer: Investors should consult their financial advisors if in doubt whether this

product is suitable for them.

SBI Short Term Debt Fund

Scheme Highlights

Options Growth & Dividend

Plans Regular Plan & Direct Plan

Dividend Declaration of dividends on a weekly, fortnightly and monthly basis with

reinvestment/payout facilities.

Minimum Investment Rs. 5000 & in multiples of Rs. 1 thereafter

Facilities

SIP, STP, SWP facilities available

Minimum Application- Rs.1000/week for 6 weeks, Rs.500/month for 12 months, Rs.1000/month for 6 months, Rs. 1500/quarter

Exit Load 0.25% for exit within 45 days from the date of allotment

Short Term Fund positioning

Short Term Bond Fund lies in between Liquid /Ultra Short term Funds & Long Term Bond Funds in terms of risk/return positioning

Liquid Funds

Short Term Bond Funds

Long Term Bond Funds

Dynamic Bond Fund

Ultra Short Term Bond Funds

Duration profile

Yie

ld

Portfolio Analysis

Data as on October 31, 2016

Issuer % Of NAV

GOVERNMENT OF INDIA 24.76

HOUSING DEVELOPMENT FINANCE

CORPORATION LIMITED 8.42

POWER FINANCE CORPORATION LTD 7.07

CORPORATION BANK 5.98

RURAL ELECTRIFICATION CORP LTD 5.27

LIC HOUSING FINANCE LTD 5.22

ICICI BANK LTD 3.99

STATE GOVERNMENT OF RAJASTHAN 3.48

DAIMLER FINANCIAL SERVICES INDIA PVT. LTD. 3.43

FULLERTON INDIA CREDIT COMPANY LTD 2.70

Total 70.32

Top 10 Holdings

Ratings Breakdown % of NAV

Below AA+ 2.70

AA+ 3.23

SOV,AAA and Equivalent 80.94

NCA(Incl. Cash,Deposits) 13.13

11.11 2.84

28.24

1.71

42.20

0.36

2.14

9.02

2.39

CD

CP

Dated Govt Securities

MF Units

NCD

T-Bills

ZCB

CBLO/Reverse Repo

NCA

Performance Report

Data as on September 30, 2016

Past performance may or may not be sustained in future. Returns (in %) other than since inception are absolute, calculated for regular plan, 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.

30-Sep-2015 to 30-Sep-2016

30-Sep-2014 to 30-Sep-2015

30-Sep-2013 to 30-Sep-2014

Since Inception

Absolute Returns (%) CAGR Returns (%) PTP Returns

(INR)

SBI Short Term Debt Fund 9.06 9.81 9.43 6.74 18,207

Crisil Short Term Bond Fund Index

(Scheme Benchmark) 9.31 9.90 10.12 8.22 20,659

Crisil 1 year T-Bill Index (Additional

Benchmark) 7.36 8.86 8.35 6.35 17,606

0

2

4

6

8

10

12

30-Sep-2015 to 30-Sep-2016

30-Sep-2014 to 30-Sep-2015

30-Sep-2013 to 30-Sep-2014

Since Inception

SBI Short Term Debt Fund - Reg Plan - Growth

Scheme Benchmark: - Crisil Short Term BondFund Index

Additional Benchmark: - Crisil 1 Yr T-Bill Index

Investment Objective: To provide investors with

an opportunity to generate regular income

through investments in a portfolio comprising of

debt instruments which are rated not below

investment grade by a credit rating agency and

money market instruments.

Type of Instrument % of net assets

Risk profile

Debt securities including money- market instruments and debt Derivatives

65-100 Low to Medium

Securitized Debt 0-35 Medium

Scheme Highlights

Average Maturity: Portfolio average maturity

is capped at 3 years. Average maturity is

tactically maintained within the boundary

range.

2.54 2.53 2.68 2.70 2.95 2.85 2.77 2.93 2.87 2.88 3.07

2.63

0

1

2

3

4

5

Average Maturity over last 12 months

Trends in short term rates

Source: Bloomberg as on October 31, 2016

Less volatility is expected in short-term rates in the near term as RBI has engaged in active liquidity

management.

6

7

8

9

10

11

12 MIBOR 91 Days T-bill 3 Month CD Rate 12 Month CD Rate

Narrowing Spreads Between the Long term and the Short term Bonds

Source: Bloomberg as on October 31, 2016

Corporate bond spreads have recently corrected to lower levels

7

8

9

10

11

Percen

tag

e

AAA Yield Curve

1 Year AAA 3 Year AAA

The portfolio would be invested in mark to market securities, with exposure to non mark to market securities kept largely for liquidity requirements and on a tactical basis .

The Portfolio in normal cases to have higher maturity / duration & mark to market component vis-à-vis liquid & ultra short term funds.

Investments in scheme suitable for investors having investment horizon of at least 3 months to a year.

Incrementally maturity was reduced over the last month post the policy rate cut. This was on

account of market pricing in expected easing in CPI and in view of near term risks surrounding

both global rates as well as incremental tightness in domestic liquidity.

The scheme would maintain a predominantly AAA /AA+ focus on credit, while taking selective exposure to non AAA bonds with a rating floor of AA-.

Current Investment Approach

Focus on consistent above average risk adjusted returns

– Fundamental research based approach and focus on risk management to generate consistent above average returns

Fundamental research based approach

– Capturing inefficiencies in the Fixed income markets that give rise to multiple sources of alpha through disciplined risk taking

Focus on risk management

– Risk management is crucial to achieving the investment objective and is an integral part of portfolio management.

Identifying multiple sources of alpha

– Sharper focus on credit research: credit cycles will be shorter and lack of liquidity pose another challenge.

Focus on Fundamental Research & Risk Management

Biographies

Navneet Munot joined SBI Funds Management as Chief Investment Officer in December 2008. He brings with him over 15 years of rich experience in Financial Markets. In his previous assignment, he was the Executive Director & Head - multi - strategy boutique with Morgan Stanley Investment Management. Prior to joining Morgan Stanley Investment Management, he worked as the CIO - Fixed Income and Hybrid Funds at Birla Sun Life Asset Management Company Ltd. Navneet had been associated with the financial services business of the group for over 13 years and worked in various areas such as fixed income, equities and foreign exchange. Navneet is a postgraduate in Accountancy and Business Statistics and a qualified Chartered Accountant. He is also 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).

Navneet Munot CFA, Chief Investment Officer

Rajeev joined SBIFM as a fixed income portfolio manager in 2008. He currently heads the Fixed Income desk at the AMC. Prior to joining SBIFM, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years. Rajeev is an Engineering graduate and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, USA

Rajeev Radhakrishnan CFA, Head of Fixed Income

Performance of other schemes managed by Mr. Rajeev Radhakrishnan

Past performance may or may not be sustained in the 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 and short-term debt schemes is used for comparison purposes only. Performance calculated for regular plan.

Managing since June,

2008

30-Sep-2015 to 30-

Sep-2016

30-Sep-2014 to 30-Sep-

2015

30-Sep-2013 to 30-Sep-

2014

Since Inception

Absolute Returns (%)

CAGR Returns

(%)

PTP Returns

(INR)

SBI Ultra-short Term Debt

Fund - Growth 8.28 9.09 9.42 8.00 20,274

CRISIL Liquid Fund Index

(Scheme Benchmark) 7.69 8.56 9.49 7.61 19,610

Crisil 1 Year T-Bill Index

(Additional benchmark) 7.36 8.86 8.35 6.35 17,606

Managing since

November, 2013

30-Sep-2015 to 30-Sep-

2016

30-Sep-2014 to 30-Sep-

2015

30-Sep-2013 to 30-Sep-

2014

Since Inception

Absolute Returns (%)

CAGR Returns

(%)

PTP Returns (INR)

SBI Treasury Advantage

Fund - Growth 8.40 9.22 9.96 8.32 17,468

CRISIL 1 year CD Index

(Scheme Benchmark) 7.86 9.80 9.10 N.A. N.A.

Crisil 1 Year T-Bill Index

(Additional benchmark) 7.36 8.86 8.35 6.61 15,628

Managing since June,

2008

30-Sep-2015 to 30-Sep-

2016

30-Sep-2014 to 30-Sep-

2015

30-Sep-2013 to 30-Sep-

2014

Since Inception

Absolute Returns (%

CAGR Returns

(%)

PTP Returns

(INR)

SBI Magnum Children’s

Benefit Plan - Growth 19.39 8.44 36.35 10.58 43,501

CRISIL MIP Blended

Index (Scheme

Benchmark) 11.17 10.72 15.45 N.A. N.A.

Crisil 10 year Gilt Index

(Additional benchmark) 11.11 13.76 6.85 6.78 26,082

Managing since

May, 2010

7 Days

15 Days

30 Days

30-Sep-2015 to 30-Sep-

2016

30-Sep-2014 to 30-Sep-

2015

30-Sep-2013 to 30-Sep-

2014

Since Inception

SA Returns (%)

Absolute Returns (%)

CAGR

Retur

ns

(%)

PTP

Retur

ns

(INR)

SBI Magnum Insta-

Cash Fund – Growth

Plan 7.38 7.01 6.89 7.88 8.58 9.30 7.41 34,623 CRISIL Liquid Fund

Index (Scheme

Benchmark 7.75 7.15 7.01 7.69 8.56 9.49 N.A. N.A.

Crisil 1 Year T-Bill

Index (Additional

benchmark) 12.4 9.46 7.89 7.36 8.86 8.35 6.59 30,303

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. 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, 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

SBI Funds Management Private Limited

(A joint venture between SBI and

AMUNDI)

Registered Office:

9th Floor, Crescenzo, C-38 & 39, ‘G’

Block,

Bandra Kurla Complex, Bandra (E),

Mumbai - 400 051

Board line: +91 22 61793000

Fax: +91 22 67425687

Call: 1800 425 5425

SMS: “SBIMF” to 56161

Email: customer.delight@sbimf.com

Visit us @ www.facebook.com/SBIMF

www.sbimf.com Website

Visit us @ www.youtube.com/user/sbimutualfund