Sbi Funds Management Limited · NSE:SBIFUNDS
Sbi Funds Management — SBI Mutual Fund — Investor Presentation (August 2025)
24 slides from Sbi Funds Management's investor presentation, August 2025
Slide 1: SBI Dynamic Asset Allocation Active FoF
SBI MUTUAL FUND A PARTNER FOR LIFE Presenting SBI Dynamic Asset Allocation Active FoF (2 soaerins + \ 2 THE DIAV/OF : OPPORTUNITY 25" Aug to 08" Sept, 2025 ic Allocation for Potential Growth & Stability Dyn An open-ended fund of fund (FoF) scheme investing in units of actively managed equity and deb
Slide 2: Need for Asset Allocation
Need for Asset Allocation fo SBI MUTUAL FUND SBI FUNDS MANAGEMENT LIMITED (A joint venture between SBI & AMUNDI) A PARTNER FOR LIFE
Slide 3: Behaviour Gap
Behaviour Gap Investment BEHAVIOUR Return GAP The average investor underperforms the market over long periods of time by a wide margin. Carl Richards refers to this as the “behaviour gap,” which is the difference between the Investor Return higher investment returns investors can possibly earn, vers
Slide 4: Winners keep rotating between asset classes
Winners keep rotating between asset classes BSE 500 TRI CRISIL Composite Bond Index Nifty50 TRI 38% 40% 32% 35% 30% 27% 30% 26% 25% 21% 18% 20% 16% 16% 13% 13% 12% 15% 11% 10% 9% 9% 9% 10% 7% 6% 6% 6% 5% 5% 5% 5% 5% 4% 3% 3% 3% 5% 0% 0% -2% -3% -5% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Y
Slide 5: Each asset class has a different return profile
Each asset class has a different return profile 1 Year Rolling Returns 3 Year Rolling Returns 120% 112.1% 70% 65.4% 100% 60% 80% 50% 60% 40% 40% 28.2% 30% 20% 19.8% 6.5% 20% 0% 13.1% 16.9% -20% -9.8% 10% 6.0% -40% 0% -1.8% -60% -56.5% -10% -7.7% Debt Equity Debt Equity Min Max Avg Min Max Avg Return
Slide 6: Diversification across asset classes helps in building a balanced portfolio
Diversification across asset classes helps in building a balanced portfolio Last 20+ years period 100% Equity 100% Debt 65% Equity + 50% Equity + 65% Debt + (July 2005- July 2025) 35% Debt 50% Debt 35% Equity Returns (CAGR) 14.05% 7.28% 12.40% 11.45% 10.35% Standard Deviation 24.40% 3.12% 16.01% 12.
Slide 7: Within an asset class as well performance varies across segments (1/2)
Within an asset class as well performance varies across segments (1/2) Market Cap 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Large Cap 32.01 7.56 34.21 -1.95 5.02 33.38 2.61 10.92 16.79 26.53 6.05 23.30 13.20 4.47 Mid Cap 40.39 -4.03 56.91 8.72 9.28 50.06 -12.47 -2.06 21.2
Slide 8: Within an asset class as well performance varies across segments (2/2)
Within an asset class as well performance varies across segments (2/2) Returns 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Consumer -1.9 55.55 8.93 5.84 55.81 -15.1 -0.68 21.39 30.67 -0.62 40.23 24.46 -5.66 Discretionary Cyclicals Financial Services -8.6 61.59 -5.04 8.28 44.27 2
Slide 9: Thus, the need for Asset Allocation
Thus, the need for Asset Allocation Risk Management An optimal mix of different asset classes offers better risk adjusted returns which can result in lower drawdowns in times of market downturns. Dynamic Asset Allocation Asset allocation modifications based on changing market cycles can be a source
Slide 10: SBI Dynamic Asset Allocation Active FoF
Presenting SBI Dynamic Asset Allocation Active FoF
Slide 11: Understanding Dynamic Asset Allocation Funds of Funds
Understanding Dynamic Asset Allocation Funds of Funds Dynamic Asset Allocation FoFs are like a smart investment dial. • Just as in a dial you can adjusts its settings based on changing conditions, like temperature, think of these FoFs fine-tuning their allocation between equity and debt depending on
Slide 12: The Usual Questions
The Usual Questions Where are we in the cycle? (Downturn or Recovery) Growth Outlook (Early upswing or late expansion) Investor Sentiment (Fear vs Greed) Market Valuation (Overheated or undervalued) Portfolio strategy (Style, Sector, Market Cap, Accrual, Duration)
Slide 13: Asset Allocation
Asset Allocation 35% - 100% 0% - 65% 0% - 5% Actively Managed Actively Managed Money Market Equity & Equity Debt & Debt Instruments oriented Schemes^ oriented Schemes^ ^Including equity and debt-oriented hybrid schemes. The scheme shall invest in the units of existing mutual fund schemes of SBI Mutu
Slide 14: Investment Process
Investment Process Objective: Optimising risk-adjusted return Asset Thematic Fund Allocation exposure selection Time frame: 3 years + The current fund allocation and investment strategy is subject to change and can vary in the future within the provisions of the Scheme Information Document (SID). Pl
Slide 15: Step 1: Asset Allocation
Step 1: Asset Allocation Shiller earnings yield Model based on macro Multiple parameters such minus bond yield indicator as breadth of the market, retail participation etc. Trailing earnings yield minus bond yield Earnings Sentiment Valuations Potential Equity returns Source: SBIFM Research
Slide 16: Asset Allocation Framework - A counter cyclical approach to investing
5,000 0 10,000 15,000 20,000 25,000 30,000 28-Dec-05 28-Jun-06 28-Dec-06 28-Jun-07 28-Dec-07 Source: Bloomberg, SBIFM Research 28-Jun-08 28-Dec-08 28-Jun-09 28-Dec-09 28-Jun-10 28-Dec-10 28-Jun-11 28-Dec-11 28-Jun-12 28-Dec-12 28-Jun-13 28-Dec-13 Nifty 28-Jun-14 28-Dec-14 28-Jun-15 28-Dec-15 28-Jun-
Slide 17: Model Framework
Model Framework Macro Sentiment Relative Valuations - Earnings Cycle - Market Cycle • Earnings Revisions • Market internals • Cyclicals vs. Breadth Defensives • Internet Sentiment • Global M2 • Large vs. Mid and • Positioning and • Dollar Strength, Small Flows Credit Spread • Quality vs. Value • Dom
Slide 18: Investing through Cycles
Investing through Cycles Slowdown Expansion FY 2008-2013 FY 2005-2007 Styles: Value Styles: Growth, Styles: Mixed Styles: Quality M-Cap: Broader Momentum MCap: Large MCap: Large Sectors: Cyclicals MCap: Broader Sectors: Defensives Sectors: Defensives Sectors: Cyclicals Source: SBIFM Research
Slide 19: Rolling Returns - Better risk adjusted returns in long-term..
Rolling Returns - Better risk adjusted returns in long-term.. 3 Year Rolling returns (% CAGR) Nifty 50 TRI 3 Years NIFTY 50 Hybrid Composite Debt 50:50 Index 3 Years 40 35 30 25 20 15 10 5 0 -5 -10 2014 2021 2008 2009 2009 2009 2010 2010 2011 2011 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 20
Slide 20: With lower drawdown
With lower drawdown Nifty 50 TRI Nifty 50 Hybrid Composite Debt 50:50 Index 0% -10% -20% -30% -40% -50% -60% Diversified allocation demonstrates resilience in market downturns and can recover faster than pure equity allocation.
Slide 21: Get the advantage with the FAN approach
Get the advantage with the FAN approach Flexible Agile Nimble The fund has the flexibility The investment One of the most important to dynamically shift its process of the fund aspects of the fund is its ability exposure across asset uses macro-economic to shift allocation in a timely classes viz. e
Slide 22: Why SBI Dynamic Asset Allocation Active FoF?
Why SBI Dynamic Asset Allocation Active FoF? Aim to choose the best of both worlds Tried, tested & evidenced formula for asset class navigation Need to add a layer of nimbleness and agility Multiple funds dedicated to diverse strategies add granular approach to derive potential returns
Slide 23: Fund Facts
Fund Facts Fund Manager Scheme Name • Ms. Nidhi Chawla – For Equity Portion SBI Dynamic Asset Allocation Active FoF • Mr. Ardhendu Bhattacharya – For Debt Portion Type of Scheme Plans / Options An open-ended fund of fund (FoF) scheme investing in units of Direct & Regular Plans with Growth, Income D
Slide 24: Disclaimer
Disclaimer Rise in per capita income expected to result in higher purchasing power Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The investor will bear the recurring expenses of the Scheme, in addition to the expenses of the underlying Scheme (s).
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