SBI PSU Fund-Reg(G)

Performance

The SBI PSU Fund is a mutual fund which is offered by SBI Funds Management Pvt. Ltd. The SBI Funds Management Pvt. Ltd. is a joint venture of the State Bank of India (SBI) and AMUNDI (France). The State Bank of India is the largest banking network in India and AMUNDI, on the other hand, is one of the leading fund management companies of the world. The SBI PSU Fund - Regular Plan - Growth Option scheme is an open ended equity scheme.

Investment Objectives of the SBI PSU Fund - Regular Plan - Growth Option

The main objective of investment of the SBI PSU Fund - Regular Plan - Growth Option scheme is to offer long-term capital appreciation to the investors. It also offers the liquidity of an open-ended scheme in addition to this. The objectives are attained through investments made in a diverse range of equity stocks of domestic Public Sector Undertakings (and their subsidiaries) along with investments in debt and money market securities that are issued by PSUs and others.

Key Features of the SBI PSU Fund - Regular Plan - Growth Option

The main features of the SBI PSU Fund - Regular Plan - Growth Option scheme are as follows:

Investment Amount for the SBI PSU Fund - Regular Plan - Growth Option

Asset Allocation of the SBI PSU Fund - Regular Plan - Growth Option

Who can invest in the SBI PSU Fund - Regular Plan - Growth Option?

The following persons are eligible to invest in the units of the SBI PSU Fund - Regular Plan - Growth Option scheme:

• Adult Indian resident individual. Singly or jointly (to the extent of 3 persons only)
• Parent or guardian of a minor on behalf of the child
• Public Sector Understandings (PSU)
• Companies
• Bodies of individuals
• Bodies Corporate
• Association of persons
• Societies registered under the Societies Registration Act, 1860
• Non-Resident Indians (NRIs)
• Partnership firms
• Persons of Indian Origin (PIO)
• Karta of a Hindu Undivided Family (HUF)
• Religious Trusts
• Charitable Trusts
• Banks including co-operative banks and Regional Rural Banks (RRBs)
• Qualified Foreign Investors (QFI)
• Financial Institutions
• Foreign Portfolio Investors
• Scientific research organisations
• Industrial research organisations
• International Multilateral Agencies which are approved by the Government of India or RBI
• Navy, Air Force, Army, and other paramilitary funds and eligible institutions
• A mutual Fund through its scheme and so on.

NAV Disclosure and Benchmark for the SBI PSU Fund - Regular Plan - Growth Option

The Net Asset Value or NAV of the scheme is calculated and is required to be declared by the end of every working day. The Net Asset Value of each unit under the scheme is calculated using the following formula:

Net Asset Value (NAV) = (Market Value or Fair Value of the investments of the scheme + Current Assets - Current Liabilities and Provisions) / Number of outstanding units under the scheme on the date of valuation.

The NAV is rounded off to approximately 4 decimal places. As per the recommendation of the SEBI (Mutual Funds) Regulations, 1996, the NAV is required to be published in at least 2 daily newspapers. The NAV is also declared in the official website of SBI Mutual Funds (www.sbimf.com) as well as the AMFI website (www.amfiindia.com). The declarations are to be made by the asset management company (AMC) by 9:00 p.m. on every business day. In case there is a delay in the same, the AMC will be liable to issue a press release and provide the reasons with an explanation for the delay.

SBI PSU Fund - Regular Plan - Growth Option Fund Manager

The SBI PSU Fund - Regular Plan - Growth Option is managed by Mr. Richard D’souza. He has a B.Sc degree in Physics. He has been managing the scheme since August 2014.

Investment Restrictions of the SBI PSU Fund - Regular Plan - Growth Option

A few restrictions are applicable at the time of making investments in the SBI PSU Fund - Regular Plan - Growth Option. Some of these investment restrictions are as follows:

• The scheme should not invest more than 10% of its Net Asset Value (NAV) in debt instruments which are issued by a single issuer. The debt instruments include both non-money market instruments money market instruments.
• However, the scheme would be able to extend the investment to up to 12% of the Net Asset Value (NAV) in debt instruments that are issued by a single issuer with prior approval from the Board of Directors (BOD) of the asset management company (AMC) and the Board of Trustees.
• The investments made by a scheme in unrated debt instruments which are issued by a single issuer should not exceed 10% of its Net Asset Value (NAV).
• The total investment made by a scheme in unrated debt instruments should not be more than 25% of the Net Asset Value (NAV) of the scheme.
• The scheme should not extend any loans or advances for any purpose.
• Investments shall not be made by the scheme in fund of funds scheme.
• Investments shall not be made by the scheme in any securities of an associate or group of company of the sponsor which are unlisted.
• Investments shall not be made by the scheme in any securities that are issued through private placement by an associate or group company of the sponsor.
• Investments shall be made by the scheme in any listed securities of group companies of the sponsor to the extent of 25% of the net assets.

Dividend Policy of the SBI PSU Fund - Regular Plan - Growth Option

Under the SBI PSU Fund - Regular Plan - Growth Option scheme, the dividends are not declared. The income arising from the units under this option will remain invested. This will be reflected on the Net Asset Value or NAV of units under the option.

Why should you invest in the SBI PSU Fund - Regular Plan - Growth Option?

The SBI Funds Management Pvt. Ltd. is a joint venture of the State Bank of India (SBI) and AMUNDI (France). One of the largest banking networks in India is the State Bank of India. AMUNDI is a French company and is one of the leading fund management companies of the world. They have a network of more than 222 points of acceptance all across the nation. The names engaged with the mutual fund are also widely known and reliable. If the investment objective of an individual is to seek for long-term capital appreciation, then the SBI PSU Fund - Regular Plan - Growth Option is one of the best schemes to opt for.

GST rate of 18% applicable for all financial services effective July 1, 2017.