Sbi One India Fund
Sbi One India Fund
Sbi One India Fund
Mutual Fund :
SBI Funds Management Pvt. Ltd.
(A Joint Venture between State Bank of India & Société Générale Asset Management)
This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further
details of the scheme/Mutual Fund, due diligence certificate by the AMC, Key Personnel, investors’ rights & services, risk factors,
penalties & pending litigations etc. investors should, before investment, refer to the Scheme Information Document and Statement
of Additional Information available free of cost at any of the Investor Service Centres or distributors or from the website
www.sbimf.com .
The Scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations
1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI). The units being offered for public
subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM.
Investment Objective To provide investors with opportunities for long term growth in capital through an active
management of investments in a diversified basket of equity stocks focusing on all four
regions of India and in debt and money market instruments.
Asset Allocation Pattern Instruments As % of Net Asset Risk Profile
Min- Max
Equities and equity related instruments
including derivatives^ 70% - 100% High
Fixed / Floating Debt Instruments 0% - 30% Medium
Money Market instruments 0% - 30% Medium to Low
ADR / GDR / Foreign Securities 0% - 20% High
^ Exposure to derivatives instruments in the scheme can be up to a maximum of 50% of the
equity portfolio of the scheme. For example, if the exposure to equity stocks in the scheme
is 65%, then exposure to derivatives would be up to a maximum of 32.5% in addition to the
exposure to equity stocks in the scheme. Exposure to derivative instruments will be for
hedging and portfolio balancing purposes in addition to exploring opportunities for returns
enhancement.
Investment Strategy The approx. allocation of investments between the various regions in equity and equity
related instruments would be as follows:
Regions Minimum Allocation Maximum Allocation
(as a % of Equity Assets) (as a % of Equity Assets)
East 15% 55%
West 15% 55%
North 15% 55%
South 15% 55%
The allocation of equity assets to a region will be determined on the basis of various
factors (including but not restricted to) the economic development of a region, market
opportunities, changing regulation, flow of investment/capital to a region, demographic
profile, other political and economic factors specific to a region etc. The allocation to
each region will be reviewed periodically to see whether the equity allocation to a
region is consistent with the relative attractiveness of that region.
Note:
The Regional investment limitation will not be binding for investment in the asset classes
other than equity and equity related instruments.
The minimum and maximum allocations are indicative in nature. The restrictions regarding
the allocation will be applicable at the time of the investment.
Definition of Regions:
Companies of a region will be defined as those having their:
Registered office; or
Head Quarters; or
Major manufacturing facility; or
Major Revenue generating activity
In the region defined as a group of states and union territories
The regional grouping of all the states and Union Territories in the country would be as
follows:
Region States and Union Territories
North Jammu & Kashmir, Himachal Pradesh, Punjab, Haryana, Uttar Pradesh,
Rajasthan, Delhi, Uttaranchal, Chandigarh.
South Andhra Pradesh, Karnataka, Kerala Tamil Nadu, Pondicherry,
West Gujarat, Maharashtra, Goa, Madhya Pradesh, Daman & Diu, Dadra & Nagar
Haveli, Lakshwadeep
East Bihar, Orissa, West Bengal, Jharkhand, Assam, Chattisgarh, Meghalaya,
Tripura, Mizoram, Manipur, Nagaland, Arunachal Pradesh, Sikkim, Andaman
& Nicobar.
On the basis of the above definition, it is possible for a stock to form a part of two regions
also by virtue of having the Head Office/Registered Office located in a Region and a major
manufacturing facility/revenue generating activity located in another region. For example,
the registered office of TATA Steel Limited is situated in Mumbai (Western Region), while
currently its manufacturing facility is situated in Jamshedpur (Eastern Region). In view of
the above, TATA Steel will qualify to be a part of both the Western Region and the Eastern
Region.
The scheme aims to provide the investor to participate in the overall growth of the Indian
Economy by allocation investments in the companies in various regions. The scheme aims
to generate higher returns by investing a large part of the fund in the companies of a
region which provides the potential for higher growth. However, to avoid the skewness to
a particular region, the scheme would invest upto 55% of its equity assets in the companies
of a specific region. The scheme will be actively managed and the scheme may rotate the
weightage of exposure to various regions.
Under normal circumstances, the definition of a region as disclosed in this Scheme
Information Document for identifying stock/shares of that particular region shall not
undergo any change. However, any such change in future shall be justified and recorded
in writing. Further, subject to SEBI Regulations, SBI Mutual Fund will also release equity
portion of the scheme, based on the regions defined aforesaid.
Risk Profile of the Scheme Mutual Fund Units involve investment risks including the possible loss of principal. Please
read the SID carefully for details on risk factors before investment. Scheme specific risk
factors are summarized below:
Magnum One India Fund would be investing in equity & equity related instruments, debt
and money market instruments. The liquidity of the scheme’s investments is inherently
restricted by trading volumes and settlement periods. In the event of an inordinately
2
Key Information Memorandum
Dispatch of Repurchase Within 10 working days of the receipt of the redemption request at the authorized centers
(Redemption) request of SBI Mutual Fund. Repurchase warrants would normally be dispatched to the investor
within 5 business days from the date of repurchase.
Benchmark Index BSE 200 Index
Dividend Policy Dividend declaration under the scheme is subject to the availability of distributable surplus
and at the discretion of the Fund Manager and no returns is assured under the scheme.
Fund Manager Mr. Jayesh Shroff
Trustee Company SBI Mutual Fund Trustee Company Private Limited (SBIMFTCPL)
Performance of the scheme Scheme Name 1 Year Since Inception
(As on December 31, 2009)
SBI One India Fund - Growth 84.48 % 1.53 %
BSE 200 88.51 % 8.85 %
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Expenses of the scheme During NFO as well as Ongoing basis
(i) Load Structure Entry Load
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry
load is charged with respect to applications for purchase / additional purchase / switch-
in accepted by the Fund.
Exit Load
◆ For any investment made in the Scheme during new fund offer – Nil
◆ For any investment made after the scheme is reopen for continuous sale and purchase
(w.e.f. January 15, 2010)
● For exit within 1 year from the date of allotment – 1 %
● For exit after 1 year from the date of allotment – Nil
The AMC reserve the right to modify / change the Load Structure on a prospective basis.
(ii) Recurring expenses i) First Rs. 100 cr. of average weekly net assets - 2.50%
ii) Next Rs. 300 cr. of average weekly net assets - 2.25%
iii) Next Rs. 300 cr. of the average weekly net assets – 2.00%
iv) Balance of the average weekly net assets - 1.75%
Tax treatment for the Investors will be advised to refer to the details in the Statement of Additional Information
Investors & also independently refer to their tax advisor.
Daily Net Asset Value (NAV) NAV of the Scheme shall be computed and published on daily basis. NAV will be published
Publication in 2 newspapers as prescribed under SEBI (Mutual Funds) Regulations, 1996. NAV can also
be viewed on www.sbimf.com and www.amfiindia.com.
For Investor Grievances please Registrar SBI Mutual Fund
contact
Computer Age Management Services Pvt. Ltd., Mr. C.A. Santosh
148, Old Mahabalipuram Road, (Chief Manager – Customer Service)
Okkiyam Thuraipakkan, Address: SBI Funds Management Pvt.
Chennai 600096, Tamil Nadu Ltd., 701-703, Raheja Centre,
Tel: 044-30407000 & 24587000 Nairman Point, Mumbai 400 021
Fax: 044-24580982 Telephone number: 022-43511611
Email: enq_L@camsonline.com Fax: 022-43511611
e-mail: customer.delight@sbimf.com
Unit holders’ Information Account statement (on each transaction), Annual financial results shall be provided to
investors by post except to those investors who have opted to receive the same by e-
mail. Before the expiry of one month from the close of each half-year i.e. on 31st March
and on 30th Sept., the fund shall publish its unaudited financial results and the scheme
portfolio in the prescribed formats in one national English daily newspaper and in a
newspaper in the language of the region where the head office of the fund is situated..
These shall also be displayed on the website of the mutual fund and that of AMFI.
Date: 15.1.2010
4
Key Information Memorandum
5
stated in the space provided.
i) Your address should be written in full. P.O. Box address is not sufficient.
j) Procedure for NRIs/PIOs: Applications on a repatriable basis can be made by remitting funds from abroad through normal
banking channels or by submitting payments made by demand drafts purchased from FCNR accounts or by cheques
drawn on NRE accounts or through Special Non-resident Rupee Accounts maintained with banks authorized to deal in
foreign exchange in India. NRI/PIO applicants who invest through Demand Drafts/Banker’s cheque/Pay orders by debit
to a NRE/FCNR account are also required to submit the necessary FIRC (Foreign Inward Remittance Certificate/Banker’s
Certificate) in original to the Registrars along with the application form at the time of application. FIRC is not required
for investments made through cheques drawn on NRE accounts or through Special Non-Resident rupee accounts. NRIs/
PIOs can also apply on a non-repartiable basis from their NRO account. NRIs/PIOs should state their overseas address
otherwise the application is liable to be rejected. NRIs/PIOs are requested to provide an Indian address (if available) for
correspondence.
k) Who can invest: The following is an indicative list of persons who are generally eligible and may apply for subscription
to the Units of the Scheme: ● Indian resident adult individuals, either singly or jointly (not exceeding three); ● Minor
through parent / lawful guardian; (please see the note below) ● Companies, bodies corporate, public sector undertakings,
association of persons or bodies of individuals and societies registered under the Societies Registration Act, 1860; ●
Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt of necessary approvals as
required) and Private Trusts authorised to invest in mutual fund schemes under their trust deeds; ● Partnership Firms
constituted under the Partnership Act, 1932; ● A Hindu Undivided Family (HUF) through its Karta; ● Banks (including Co-
operative Banks and Regional Rural Banks) and Financial Institutions; ● Non-Resident Indians (NRIs) / Persons of Indian
Origin (PIO) on full repatriation basis or on non-repatriation basis; ● Foreign Institutional Investors (FIIs) registered with
SEBI on full repatriation basis; ● Army, Air Force, Navy and other para-military funds and eligible institutions; ❖ Scientific
and Industrial Research Organisations; ● Provident / Pension / Gratuity and such other Funds as and when permitted to
invest; ● International Multilateral Agencies approved by the Government of India / RBI; and ● The Trustee, AMC or
Sponsor or their associates (if eligible and permitted under prevailing laws). ● A Mutual Fund through its schemes,
including Fund of Funds schemes.
Note: Minor can invest in any scheme of SBI Mutual Fund through his/her guardian only. Minor Unit Holder on becoming
major may inform the Registrar about attaining majority and provide his specimen signature duly authenticated by his
banker as well as his details of bank account and PAN (if required) to enable the Registrar to update their records and
allow him to operate the Account in his own right.
m) Who can not invest: It should be noted that the following entities cannot invest in the scheme(s) :
1. Any individual who is a Foreign National
2. Overseas Corporate Bodies (OCBs) shall not be allowed to invest in the Scheme. These would be firms and societies
which are held directly or indirectly but ultimately to the extent of at least 60% by NRIs and trusts in which at least
60% of the beneficial interest is similarly held irrevocably by such persons (OCBs).
SBIMFTCPL reserves the right to include / exclude new / existing categories of investors to invest in the Scheme
from time to time, subject to SEBI Regulations and other prevailing statutory regulations, if any.
Subject to the Regulations, any application for Units may be accepted or rejected in the sole and absolute
discretion of the Trustee. For example, the Trustee may reject any application for the Purchase of Units if the
application is invalid or incomplete or if, in its opinion, increasing the size of any or all of the Scheme’s Unit capital
is not in the general interest of the Unit holders, or if the Trustee for any other reason does not believe that it
would be in the best interest of the Scheme or its Unit holders to accept such an application.
n) Please indicate the status of the sole / 1st Applicant at the time of investment. Any change in status during the period
of holding units should be given to assist in accurate tax treatment of income arising from such holdings. The abbreviations
used in these sections are: HUF - Hindu Undivided Family; AOP - Association of Persons; BOI - Body of Individuals
o) Mode of Holding: Tax concessions will be available only to the first named applicant. If the application is in the name of
more than one individual, it will be treated as “Jointly” in case no choice under “Mode of holding(s)” is indicated.
“Single” will entitle only the first holder to operate the account to the exclusion of the joint holders. “Anyone or
Survivor” will entitle any one of the joint holders to operate the folio and “Jointly” will allow operation of the account
only if all the holders sign the instruction.
2 - SECOND AND THIRD APPLICANTS’ DETAILS:
The names of Second and Third Applicants should be provided here. Please see guideline 1 above.
3 - BANK PARTICULARS:
SEBI has made it mandatory for investors in mutual funds to state their bank account numbers in their applications and in
redemption requests. Investors are requested to provide these details in the space provided in the application form to
enable verification of the bank mandate details and to also ensure expeditious clearing of instruments. This measure is
intended to avoid fraud/misuse or theft of warrants in transit. Kindly note that applications not containing these details may
be rejected.
Cond on page 10
6
8. INVESTMENT AND PAYMENT DETAILS : I/We would like to invest in the following Scheme of SBI Mutual Fund
One time Investment Systematic Investment Plan (SIP) Both (One time & SIP)
( Please fill in your investment details below) ( Please fill in the SIP details at SR No.9 below) ( Please fill in your investment details below and SIP details at SR No. 9)
Scheme Name SBI ONE INDIA FUND
Options (Please ✓ ) Growth Dividend Payout Dividend Reinvestment
Cheque / DD Amount (Rs.) Drawn on Bank and Branch Cheque / D.D. No. & Date
2. Frequency (Please ✓ any one only) Monthly SIP (Default) Quarterly SIP
SIGNATURE(S)
Applicants must ⊗ ⊗
sign as per mode
⊗
of holding 1st Applicant / Guardian / Authorised Signatory 2nd Applicant / Authorised Signatory 3rd Applicant / Authorised Signatory
Date Place
TEAR HERE
All future communication in connection with this application should be addressed to the Registrars to the scheme or SBIMF Corporate Office.
Investment Manager : Registrar:
SBI Funds Management Pvt. Ltd. Computer Age Management Services Pvt. Ltd.,
(A Joint Venture between SBI & SGAM) (SEBI Registration No. : INR000002813)
191, Maker Towers ‘E’, Cuffe Parade,
Mumbai - 400 005.
148, Old Mahabalipuram Road, Okkiyam Thuraipakkan,
Tel.: 022-22180244/22180221, Fax : 022 -22180244 Chennai 600096, Tamil Nadu
E-mail : partnerforlife@sbimf.com, Tel: 044-30407000 & 24587000, Fax: 044-24580982
Website : www.sbimf.com & www.sbifunds.com Email: enq_L@camsonline.com, Website : www.camsonline.com
Sponsor : State Bank of India
Investment Manager : SBI Funds Management Pvt. Ltd.
(A Joint Venture between SBI & SGAM) APPLICATION NO.
191, Maker Towers ‘E’, Cuffe Parade, Mumbai - 400 005.
Tel.: 022-22180221-27, www.sbimf.com & www.sbifunds.com
APPLICATION FORM (Please fill in BLOCK Letters)
ARN & Name of Distributor Branch Code ( only for SBI and Associate Banks) Sub-Broker Code Reference No. (To be filled by Registrar)
Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor
1. PARTICULARS OF FIRST APPLICANT
EXISTING FOLIO NO. (For Exisiting unitholders: Please mention your Folio number, Name and PAN
details and then proceed to Investment and Payment details- 8)
Name
(Mr/Ms/M/s)
Date of Birth* D D M M Y Y Y Y Email ID
*Mandatory in case of Minor
Telephone No. (O) Please (✓) only in case you want paper based communication
Telephone No. (R) Mobile No.
Name of Father/
Guardian in case of Minor
Name of Contact Person
(in case of Institutional Investor)
PAN Attached PAN Proof [Are you KYC Compliant Please (✓) Yes No ]
2. PARTICULARS OF SECOND APPLICANT
Name
Mr./Ms./M/s.
PAN Attached PAN Proof [Are you KYC Compliant Please (✓) Yes No ]
3. PARTICULARS OF THIRD APPLICANT
Name
Mr./Ms./M/s.
PAN Attached PAN Proof [Are you KYC Compliant Please (✓) Yes No ]
4. GENERAL INFORMATION – Please ( ✓ ) wherever applicable
Status (Please (✓
✓)) ✓ ))
Mode of Holding (Please (✓ Occupation (Please (✓
✓ ))
(SEE NOTE 2)
Individual PSU Partnership Firm Bank Single Professional Housewife
Trust FII Minor through Guardian PIO Business Retired
Joint
Society HUF Company/Body Corporate NRI Student Service
AOP/BOI Sole Proprietor Government Body Others Any one or Survivor Others
5. CONTACT DETAILS
Local
Address of
1st Applicant
City Pin
State
Address for Correspondence for NRI Applicants only ( Please (✓
✓ ) ) Indian by Default Foreign
Foreign Address
(NRI / FII Applicants)
City
Country Zip
6. BANK PARTICULARS (As per SEBI Regulations it is mandatory for Investors to provide their bank account details)
Name of Bank
Branch Name
and Address
$
City Pin
Account No. Account Type (Please ✓)
Savings NRO FCNR
(This is 9 digit number next to the cheque number. Please provide a
9 digit MICR Code copy of CANCELLED cheque leaf) Current NRE Others
IFS Code
7. DIRECT CREDIT OF DIVIDEND/ REDEMPTION
Unit holders having core banking account with selected banks will receive their redemption/dividend proceeds (if any) directly into their bank account. Please attach a copy of a
CANCELLED cheque leaf.
Note : AMC, reserves the right to use any mode of payment as deemed appropriate. AMC shall not be responsible if transaction through ECS / Direct Credit could not be carried out because of incomplete or incorrect information provided by investor.
Investors subscribing to the scheme through SIP must complete Registration cum Mandate form compulsorily alongwith application form
$ TEAR HERE $
Sponsor : State Bank of India
Investment Manager : SBI Funds Management Pvt. Ltd. ACKNOWLEDGEMENT SLIP APPLICATION NO.
(A Joint Venture between SBI & SGAM) To be filled in by the Investor
(To be filled in by the First applicant/Authorized Signatory) : Stamp
Received from : Signature & Date
Scheme Name Options (✓
✓) Cheque/ DD Amount (Rs.) Bank and Branch Cheque / DD No. & Date
Growth Dividend Payout
SBI ONE INDIA FUND
Dividend Reinvestment
Attachments All purchases are subject to realisation of cheque / demand draft
Sponsor : State Bank of India
Investment Manager : SBI Funds Management Pvt. Ltd.
(A Joint Venture between SBI & SGAM)
191, Maker Towers ‘E’, Cuffe Parade, Mumbai - 400 005. Tel.: 022-22180221-27, www.sbimf.com & www.sbifunds.com
SIP ECS/DIRECT DEBIT FACILITY : REGISTRATION CUM MANDATE FORM
Investors subscribing to the scheme through SIP ECS/Direct Debit Facility must complete this form compulsorily alongwith Common Application Form
st
(Application should be submitted atleast 30 days before the 1 ECS/Direct Debit Clearing date)
ARN & Name of Distributor Branch Code ( only for SBI and Associate Banks) Sub-Broker Code Reference No. (To be filled by Registrar)
Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor
Please Please SIP Registration SIP Cancellation
SIP MICRO SIP
( ✓) ( ✓) SIP Renewal Change in Bank Details
INVESTOR DETAILS
Folio No./Application No. (For Existing Investor please mention Folio Number / For New Applicants please mention the
Common Application Form Number)
Name of 1st Applicant
(Mr/Ms/M/s)
Name of Father/Guardian
in case of Minor
PAN DETAILS (Furnishing of PAN together with an attested copy of PAN Card is mandatory)
First Applicant / Guardian Second Applicant Third Applicant
SIP DETAILS (First SIP cheque and subsequent via ECS in select cities or Direct Debit in select banks only) (SEE NOTE 12, 13, 14 & 15)
Scheme Name S B I O N E I N D I A F U N D
Options (Please ✓ ) Growth Dividend Payout Dividend Reinvestment
Name of Bank
Branch Name
and Address
City Pin
Account No. Account Type (Please ✓)
Savings NRO FCNR
9 digit MICR Code (This is 9 digit number next to the cheque number. Please
provide a copy of CANCELLED cheque leaf) Current NRE Others
IFS Code
DECLARATION & SIGNATURE : I/We hereby declare that the particulars given above are correct and express my willingness to make payments referred above to debit my/our account directly or through participation in ECS. If the transaction is delayed
or not effected for reasons of incomplete or incorrect information, I / We would not hold the user institution responsible. I / We will also inform AMC, about any changes in my/our bank account. I/We do not have any existing SIP/Micro SIPs which together
with the current Micro SIP application will result in aggregate investments exceeding Rs. 50,000 in a year (applicable to Micro SIP investors only). The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),
payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/usI/We have read and agreed to the terms and conditions mentioned in SID/KIM.
SIGNATURE(S)
Applicants must ⊗ ⊗ ⊗
sign as per mode
of holding 1st Applicant / Guardian / Authorised Signatory 2nd Applicant / Authorised Signatory 3rd Applicant / Authorised Signatory
BANKER’S ATTESTATION
Certified that the signature of account holder and the Details of Bank account are correct as per our records. Signature of authorised Official from Bank (Bank stamp and date)
A C K N O W L E D G E M E N T S L I P Folio No. /
To be filled in by the Investor Application No.
(To be filled in by the First applicant/Authorized Signatory) :
Received from
an application for Purchase of Units alongwith Cheque SIP ECS/Direct Debit Cheque Number For Rs.
All purchases are subject to realisation of cheques. Acknowledgement Stamp
4 - SERVICES:
We offer an online account management service which gives you the latest details of your account 24 hours a day, seven
days a week, including your current valuation and information on recent transactions. If you would like to view your
account online please tick the relevant box and we will send you a PIN form. To help minimize paperwork you also have the
option of receiving statements/other information by e-mail rather than by post. Investors who opt to receive statements /
other information by e-mail will not receive the same by post. Please tick the relevant box to opt for this service.
5 - INVESTMENT AND PAYMENT DETAILS:
i) Payment may be made by cheque/bank draft payable locally, at any of the SBIMF Investor Service Centres/SBIMF
Investor Service Desks/Corporate Office of the Mutual Fund/Office of the Registrar/Investor Service Centres and
Transaction Points of the Registrar or such other Collection Centres as may be decided by the Mutual Fund from time
to time. Outstation cheques will not be accepted and application forms accompanied by such cheques will be rejected.
No Cash will be accepted. Please do not pay Cash for subscription to any Agent. Cheque/D.D. to be crossed “Account
Payee” only and should be drawn payable to: - “SBIMF - SBI ONE INDIA FUND”.
ii) Unit holders must write the Folio number / Application number, if any, on the reverse of the cheques accompanying the
Forms.
6 - INVESTMENT OPTIONS:
Please tick either the “Growth” or “Dividend” option. If this is left blank or it is not clear, the default will be treated as
“Growth”. If “Dividend” option is ticked, please select either “Re-investment” or “Payout”. If this is left blank or it is not
clear, the default will be treated as “Payout”.
7 - Systematic Withdrawal Plan
Under SWP, a minimum of Rs. 500 can be withdrawn every month or quarter by indicating in the application form or by issuing
advance instructions to the Registrars at any time. SWP entails redemption of certain number of Units that represents the
amount withdrawn. Thus it will be treated as capital gains for tax purposes. A minimum balance of 25% of the net assets
should be maintained in the investment account under all conditions failing which the balance amount in the investor’s folio
maybe compulsorily redeemed by the Mutual Fund.
8 - Systematic Transfer Plan
Systematic Transfer Plan is a combination of systematic withdrawal from one scheme and systematic investment into another
scheme. Therefore the minimum amount of withdrawals applicable under SWP would be applicable to STP also. Similarly the
minimum investments applicable for each scheme under SIP would be applicable to STP. Completed application form for STP
should be submitted at least 7 days before the transaction date. STP facility would allow investors to transfer a predetermined
amount or units from one scheme of the Mutual Fund to the other. The transfer would be effected on any business day as
decided by the investor at the time of opting for this facility. STP would be permitted for a minimum period of six months
between two schemes. The transfer would be affected on the same date of every month (or on the subsequent business
day, if the date of first transfer is a holiday) on which the first transfer was affected. STP can be terminated by giving
advance notice to the Registrars
9 - Systematic Investment Plan Facility (SIP)
a) For individual investors, the fund offers a Systematic Investment Plan (SIP) through ECS/Direct Debit facility or through
Post Dated Cheques for all Equity Schemes. Under the SIP an investor can invest a fixed amount (for a minimum period
of six months) – (a) every month for six months Rs. 1000 per month. (b) every month for 1 year Rs. 500 per month. (c)
every quarter for 1 year Rs. 1500 per quarter, at applicable NAV-related prices. This facility will help the investor to
average out their cost of investment over a period of six months or one year and thus overcome the short-term
fluctuations in the market.
The post-dated cheques must be dated the 5th/15th/25th of every month/every quarter and drawn in favour of the
Scheme and crossed “Account Payee Only”. Entry in to SIP can be on any date. However investor has to select SIP
cycle of 5th / 15th / 25th. A minimum 15 days gap needs to be maintained between SIP entry date and SIP cycle date.
Subsequent post-dated cheques to be dated 5th/15th/25th of every month. All SIP cheques should be of the same
amount. The application may be mailed to or submitted at any of the designated Collection Centres of the Mutual Fund.
The amount will be invested in the Scheme at the applicable NAV of the SIP date. The number of Magnums allotted to
the investor will be equal to the amount invested during the month divided by the sale price for that day.
b) New investors need not have an existing folio for investments into respective Schemes. Such investors can start a folio
with a SIP.
c) SIP offers investors the following two Plans:
i) Monthly Systematic Investment Plan (MSIP)
ii) Quarterly Systematic Investment Plan (QSIP)
d) Under the MSIP, the investor must submit post-dated cheques for each month. An investor is eligible to issue only one
cheque for each month. For example, an investor cannot issue one cheque for June 15th and the other for June 25th
under the same SIP Form. Under the QSIP, the investor must submit post-dated cheques for each quarter. An investor,
11
Investors (including joint holders) will submit a photocopy of any one of the following PHOTO IDENTIFICATION documents as
proof of identification in lieu of PAN along with Micro SIP applications.
a. Voter Identity Card
b. Driving License
c. Government / Defense identification card
b. Passport
e. Photo Ration Card
f. Photo Debit Card (Credit card not will not be accepted because it may not be backed up by a bank account).
g. Employee ID cards issued by companies registered with Registrar of Companies.
h. Photo Identification issued by Bank Managers of Scheduled Commercial Banks / Gazetted Officer / Elected Representatives
to the Legislative Assembly / Parliament
i. ID card issued to employees of Scheduled Commercial / State / District Co-operative Banks.
j. Senior Citizen / Freedom Fighter ID card issued by Government.
k. Cards issued by Universities / deemed Universities or institutes under statutes like ICAI, ICWA, ICSI.
l. Permanent Retirement Account No (PRAN) card isssued to New Pension System (NPS) subscribers by CRA (NSDL).
m. Any other photo ID card issued by Central Government / State Governments /Municipal authorities / Government
organizations like ESIC / EPFO.
The above supporting document must be current and valid. Supporting document copy shall be self attested by the investor
/ attested by the ARN holder mentioning the ARN number. While making subsequent Micro SIP applications with a mutual
fund, investor can quote the existing folio number where a Micro SIP has been registered and therefore need not resubmit
the supporting document.
2. This exemption will also not be applicable to normal purchase transactions upto Rs. 50,000 which will continue to be
subject to PAN requirement.
3. This exemption will be applicable ONLY to investments by individuals (including NRIs but not PIOs), Minors and Sole
proprietary firms. HUFs and other categories will not be eligible for Micro SIPs.
4. The exemption is applicable to joint holders also.
All other terms and conditions as applicable to Systematic Investment Plan facility as specified in Scheme Information
Documents/Statement of Additional Information of the Schemes and earlier addendums, will also apply to Micro facility. For
other operational guidelines related to Micro SIP please login to our website www.sbimf.com.
12 - DIRECT CREDIT OF DIVIDEND/REDEMPTION.
SBIFM had entered into an agreement of a direct credit facility of dividends / redemptions with certain banks. For the investors
who have an account with such banks, the default option for payment of dividend/redemption proceeds for all the prospective
investment would be direct credit into their bank account (in case the investor has provided his bank mandate as one of the bank
participating in direct credit arrangement and if he fails to specify other mode of payment i.e. cheque/demand draft).
The AMC may alter the list of banks participating in direct credit arrangement from time to time/ withdraw direct credit
facility from banks, based on its experience of dealing with any such banks or add/withdraw the name of bank with whom
direct credit facility arrangement can be introduced/discontinued as the case may be. However, in the event of direct
credit facility being discontinued, the unitholders will receive payments in respect of dividend/redemption through other
mode such as cheque, demand draft, etc.
13 - NOMINATION FACILITY/ SUCCESSION:
Nomination facility is available only for individuals applying on their own behalf. Nomination can also be in favour of the
Central Government, State Government, a local authority, any person designated by virtue of his office or a religious or
charitable trust. As per AMFI letter 35/MEM-COR/57/07-08 dated January 03, 2008, applicants can make multiple nominations
to the maximum of three. This facility is also available to NRI investors. A non-resident Indian can be a Nominee subject to
the exchange controls in force from time to time. Applicants may change their nomination at any time during the currency
of the scheme. In case of multiple nominations, applicants must clearly specify the percentage of units in favour of each
nominee. In case the applicants do not specify the percentage of units for each nominee, units will be distributed equally
among all the nominees. Please note that such allocation/share should be in whole numbers without any decimals making a
total of 100 percent.
14 - DECLARATION AND SIGNATURES:
a) All signatures should be in English or any Indian language. Thumb impressions should be from the left hand for males and
the right hand for females and in all cases be attested by an authorized official of State Bank Group (SBG), Magistrate,
Notary Public under his/her official seal.
b) In case of applications under a Power of Attorney, the relevant Power of Attorney or the certified and duly notarized
copy thereof must be lodged along with the application.
12
SBIMF INVESTORS SERVICE CENTRES
AHMEDABAD : SBIMF Investors Service Centre, 4th Floor, Zodiac Avenue, Opp Mayor Bungalow, Near Law Garden, Ahmedabad–380006, Tel.:
(079)26423060,26463090, 26423070; BANGALORE : SBIMF Investors Service Centre, 1st Floor, Block I, SBI, LHO, Campus, 65, State Bank
Road, Opp. Museum Road Post Office, Bangalore–560001, Tel.: (080)22123784, 22272284, 22122507; BHILAI : SBIMF Investors Service Centre,
F-7 Commercial Complex, Uttar Gangotri, Supela, G.E. Road,Bhilai–490 023 Tel.: (0788) 2273261, 2272344, 4010955; BHOPAL : SBIMF
Investors Service Centre, 133, Kay Kay Business Centre, Above City Bank, M.P.Nagar Zone -I, Bhopal–462011 Tel. : (0755) 2557341,4288277,
4288276; BHUBANESHWAR : SBIMF Investors Service Centre, SBI LHO Bldg, Ground Floor, Pt. Jawaharlal Nehru Marg, Bhubaneshwar–751001,
Tel.: (0674)2392401/501; CHANDIGARH : SBIMF Investors Service Centre, State Bank Of India,Local Head Office, 1st Floor, Sector - 17B,
Chandigarh–160017, Tel. : (0172)2709728, 2711869; CHENNAI : SBIMF Investor Service Centre, Flat 3C,3rd Floor, Chaitanya Centre, No 12/
21, Khader Nawas Khan road, Nungambakkam, Chennai- 600006, Tel. : (044)28331384/85, 42317230; COIMBATORE : SBIMF Investors Service
Centre, 1st Floor, Above SBI R.S Puram Branch, 541, D.B Road, R.S Puram, Coimbatore- 641 002, Tel.: (0422) 2541666, 2540666; ERNAKULAM
: SBIMF Investors Service Centre, 28/218 II Floor, Manorama Junction, Above SBI Ernakulam South Branch, S A Road, Panampilly Nagar,
Ernakulam–682036 Tel.: (0484)2318886, 2323489; GOA : SBIMF Investor Service Centre, Ground Floor, Kamat Chambers, Opp. Neptune Hotel,
Panaji Goa 403 001. Tel. : (0832) 2235283 / 6642475; GURGAON : SBIMF Investor Service Centre ,Vatika First India Place,Tower B,Ground
Floor,Block A,Sushant Lok Phase I,M G Road,Gurgaon-122002, Tel.: (0124) 4200828, 4083769; GUWAHATI : SBIMF Investors Service Centre,
Sethi Trust Building,Unit-III, Above State Bank of India-GMC Branch, G.S.Road, Bhangagarh, Guwahati-781005, Tel: (0361)2463704, 2463747;
HYDERABAD : SBIMF Investors Service Centre, 1st Floor, State Bank of India, Local Head Office, Koti, Hyderabad–500195, Tel.:(040)24756241,
24756066; INDORE : SBIMF Investors Service Centre, 215-216 City Centre, 2nd floor,570 M.G. Road, Indore–452001, Tel.: (0731)2541141,
4045944; JAIPUR : SBIMF Investors Service Centre, State Bank of India, Sanganeri Gate, Jaipur–302001, Tel.: (0141)2567354, 2574134;
KANPUR : SBIMF Investor Service Centre, C/o State Bank of India, C/O SBI C & I DIVISION - MAIN BRANCH M. G. ROAD KANPUR, Tel.:(0512),
2331631; KOLKATTA : SBIMF Investors Service Centre, Jeevandeep Bldg,No 1, Middleton Street, 9th Floor, Kolkatta–700 071 Tel.: (033)
22882342/22883767/22883768; LUCKNOW : SBIMF Investors Service Centre, G-16, Kasmande House,2, Park Road, Hazratganj,Lucknow-226
001, Tel.: (522) 2286741; LUDHIANA : SBIMF Investor Service Centre, C/o. State Bank of India, 1st Floor, Main Branch, Civil Lines, Ludhiana–
141 001, Tel.: (0161)2449849, 2449859; MUMBAI : SBIMF Investors Service Centre, Ilaco House, 2nd Floor, P M Road, Fort, Mumbai–400 023,
Tel.: (022)66532800; NAGPUR : SBIMF Investors Service Centre, Shreeram Towers, 1st Floor, Unit No 133, Beside NIT Building, Kingsway,
Nagpur-440001. Tel.: (0712) 6458368; NEW DELHI : SBIMF Investors Service Centre, 5th Floor, Ashoka Estate, 24 Barakhamba Lane, New Delhi–
110001, Tel.: (011) 23466666; PATNA : SBIMF Investors Service Centre, SBI Main Branch, West Gandhi Maidan, Patna–800001, Tel. (0612)
3242047, 2219232; PUNE : SBIMF Investors Service Centre, Madhuri Kishor Chambers, 3rd Floor, Near Passport Office, Senapati Bapat
Road,Pune–411016, Tel. : (9520)25670961, 25653398, 25653399; RANCHI : SBIMF Investors Service Centre, C/o. State Bank Of India,Upper
Bazar Branch, 2nd Floor, Metro Market, Kutchery Road, Ranchi–834 001, Tel. : (0651) 2213413, 2213212; SILIGURI : SBIMF Investors Service
Centre, Ganeshayan Building -2 Nd Floor,Beside Sky Star Building,Sevoke Road,Siliguri-734001, Tel.: (0353) 2537065, 2534206; SURAT : SBIMF
Investors Service Centre, Higher Ground Floor, Meghratna Shopping Complex, Athugar Street, Nanpura,Surat – 395 001, Tel. :(0261) 2462754,
6646555, 3994800; THIRVANTHAPURAM : SBIMF Investor Service Centre, 25/373(9), Govt. Press Road, Thiruvananthapuram–695001, Tel.:
(0471) 4011590, 4011591; VADODARA : SBIMF Investors Service Centre, 101 - 105, Glacier Complex,Near Pizza In, Jaselpur Road, Vadodara
- 390007 Tel. : (0265) 2323010; VIJAYAWADA : SBIMF Investors Service Centre,1st Floor, Sri Rajarajeswari Complex, DNo.29-6-23, Rama
Chandra Rao Road, Suryaraopet, Vijayawada - 520002. Tel.: (0866) 2438217, 2436113.