Slide 1: Cover letter to stock exchanges
ft S81 MUTUAL FUND SBI Funds Management Limited A joint venture between SBI & AMUNDI ff!O A PA RT N ER F 0 R L I FE (CIN:U65990MH1992PLC065289) Ref. No.: FM/CS/2026/344 Date: August 03, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G
Slide 2: Investor Presentation Quarterly Results Q1FY27
Investor Presentation Quarterly Qua er Results Q1FY27
Slide 3: Executive Summary
Executive Summary o SBI FUNDS O;..O MANAGEMENT LIMITED n SBI FUNDS O;..O MANAGEMENT LIMITED ₹ 12,609 bn ₹ 16,459 bn ₹ 68 bn Mutual fund PMS and Advisory AIF MF AUM PMS and Advisory by AUM (1) B-30 AUM SIF AUM ______/ Passive AUM(2) ₹ 12,609 bn ₹ 16,459 bn ₹ 2,948 bn ₹ 35 bn ₹ 4,032 bn QAAUM QAAUM MA
Slide 4: Key Highlights
Key Highlights n SBI FUNDS OJ..O MANAGEMENT LIMITED Financial metrics (1) Distribution reach Customer footprint Product suite 134K + 122 18.2m B-30 AUM ₹ 11,487 mn (15% YoY) Distribution Partners Total MF schemes 124K+ IFAs, 10K+ Bank & NDs Unique investors Operating Income 6 new schemes launched in
Slide 5: Industry Overview
o SBI FUNDS OJ..O MANAGEMENT LIMITED 1 2 3 ti ti Industry SBI Funds Financial Overview Management Overview 4
Slide 6: Industry overview
Industry overview o SBI FUNDS O;..O MANAGEMENT LIMITED Quarterly Average AUM Closing AUM (1) Unique Investors (in mn) (₹ tn) 72.1 81.6 83.3 (₹ tn) 74.4 73.8 82.4 61 62 55 0.1 0.1 0.2 7.2 7.9 0.1 7.7 3.3 3.3 2.9 6.9 7.0 6.5 2.7 14.5 13.9 2.5 2.5 12.1 12.3 12.2 Jun-25 Mar-26 Jun-26 13.0 14.5 14.7 14.8
Slide 7: SBI Funds Management
o SBI FUNDS OJ..O MANAGEMENT LIMITED 1 2 3 ti ti Industry SBI Funds Financial Overview Management Overview 6
Slide 8: Market-leading franchise, powered by scale and cost efficiency
Market-leading franchise, powered by scale and cost efficiency n SBI FUNDS OJ..O MANAGEMENT LIMITED Largest AMC in terms of MF Closing MF AUM QAAUM (1) (in ₹ bn) 11% YoY (in ₹ bn) t 7% YoY 12,510 12,609 12,033 12,894 t 19% CAGR (3) 11,401 18% CAGR (3) 11,502 10,729 10,632 9,144 9,070 Mar-24 Mar-25 M
Slide 9: Market-leading franchise, powered by scale and cost efficiency
Market-leading franchise, powered by scale and cost efficiency o SBI FUNDS O;..O MANAGEMENT LIMITED Equity Oriented QAAUM (1) Debt Oriented QAAUM (2) Liquid Oriented QAAUM (3) (in ₹ bn) (in ₹ bn) (in ₹ bn ) t 12% YoY t 0.2% YoY t 14% YoY 1,713 1,067 5,898 1,608 1,611 5,783 959 1,469 935 5,244 896 4,
Slide 10: Balanced asset allocation
Balanced asset allocation o SBI FUNDS O;..O MANAGEMENT LIMITED MF QAAUM Composition MF Asset Class (in ₹ bn) ■ Jun-25 Jun-26 ■ Jun-25 Jun-26 45.9% 46.4% 5,851 5,235 31.8% 32.1% 4,044 3,624 14.1% 1,611 12.8% 1,608 8.2% 8.5% 935 1,067 - 35 0.0% 0.3% Equity Oriented Passives Debt Liquid SIF Equity Orie
Slide 11: Leader in Systematic investment plans
Leader in Systematic investment plans o SBI FUNDS O;..O MANAGEMENT LIMITED SIP AUM Monthly SIP Flows (in ₹ bn) t 15% YoY (in ₹ bn) t 14% YoY 41 40 2,061 35 1,793 33 1,729 1,577 25 1,273 Mar-24 Mar-25 Mar-26 Jun-25 Jun-26 Mar-24 Mar-25 Mar-26 Jun-25 Jun-26 r r T r 25% CAGR 16.0 mn 1.7 mn 65% 98% ₹ 2,
Slide 12: Scale of customer footprint
Scale of customer footprint o SBI FUNDS O;..O MANAGEMENT LIMITED Unique Customer Count Total Folios Customer Mix (in Mn) (in Mn) 12% YoY t 14% YoY t t 1% QoQ t 1% QoQ 40% ■ T30 18.0 18.2 22.0 22.3 ■ B30 16.3 60% 19.0 19.5 14.7 11.0 14.6 MAAUM Individual Mix 44% ■ T30 56% ■ B30 Mar-24 Mar-25 Mar-26 J
Slide 13: Robust multi-channel distribution network
Robust multi-channel distribution network Embedded in SBI’s massive D ch dis ive Scaled, well-diversified branch and digital distribution ea tr third-party network rs utio a Ind r network ifi acro nsive ib i ed n net work thir ss te 134k+ Distribution Partners includes 124k+ Access to SBI's extensiv
Slide 14: Building on the foundation of a robust digital-first approach
Building on the foundation of a robust digital-first approach o SBI FUNDS O;..O MANAGEMENT LIMITED Digital distribution: key growth enabler Amplifying digital engagement Expanding distribution channels Empowering distributors InvesTap, Website, Mitra, Partner ~94% 4.1 mn ~10% 49,265 32,289 1.3 mn tr
Slide 15: Elevating Enterprise Performance Through Advanced AI Capabilities
Elevating Enterprise Performance Through Advanced AI Capabilities o SBI FUNDS O;..O MANAGEMENT LIMITED The Intelligence Layer that Powers Every Business Unit Customer • Smart self-service assistance across mobile and messaging platforms Engagement • Helps users with fund discovery, comparisons and b
Slide 16: Comprehensive product suite across asset classes
Comprehensive product suite across asset classes o SBI FUNDS O;..O MANAGEMENT LIMITED Six new schemes launched in Q1FY27 tm) CRISIL-IBX 10:90 GILT +SOL NI FTY G-SEC JUL 2031 / Wide range of INDEX - DEC 2029 INDEX FUND IND EX FU N D I 1 / product offering mn NIFTY SMALLCAP 250 CRISIL-IBX F11NANCIAL S
Slide 17: Capturing the next big revenue opportunity: Alternatives
Capturing the next big revenue opportunity o SBI FUNDS O;..O MANAGEMENT LIMITED Portfolio Management Services (1) Alternative Investment Funds Alternatives r ~ r r ' Institutional Global Category II AIF Category III AIF Retail PMS PMS Investor PMS PMS & Advisory QAAUM (₹ bn) AIF QAAUM (₹ bn) 16,885
Slide 18: Growth engines to strengthen leadership and power the next phase
Growth engines to strengthen leadership and power the next phase ft SBI FUNDS O;..O MANAGEMENT LIMITED ft SBI FUNDS O;..O MANAGEMENT LIMITED Deepen retail penetration in Build on digital Expansion of product set Capitalise on international B-30 strengths and investment solutions opportunities ✓ Furt
Slide 19: ESG - Excellence in investments
ESG - Excellence in investments o~o SBI FUNDS MANAGEMENT LIMITED Amongst first Indian Signatories to UNPRI and CA100+ since 2018 Amongst the earliest asset managers to develop elaborate internal frameworks for proxy voting First Indian AMC to adopt the Stewardship Code in 2020 ESG leadership in the
Slide 20: Commitment to responsive & inclusive growth
Commitment to responsive & inclusive growth ° 0 0 SBI FUNDS '.I MANAGEMENT LIMITED .,,,,,,,,,....---_-_-_-_-_-_-_-_ - - - - - - - - - - - - Some initiatives we have partnered with Environmental Sustainability Snippets from the field • 8 Solar-irrigation pumps & 57 biogas plants installed Promotion o
Slide 21: Financial Overview Highlights
Highlights o SBI FUNDS OJ..O MANAGEMENT LIMITED 1 2 3 ti ti Industry SBI Funds Financial Overview Management Overview 20
Slide 22: Robust revenue and profit momentum
Robust revenue and profit momentum o SBI FUNDS O;..O MANAGEMENT LIMITED Revenue from operations Operating profit (in ₹ mn) t 15% YoY (in ₹ mn) t 17% YoY 11,487 9,037 9,068 11,353 9,974 7,735 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 Total revenue Proft after tax (in ₹ mn) (in ₹ mn) 13,248 13,850 8,7
Slide 23: Enhancing profitability with operating efficiency
Enhancing profitability with operating efficiency o SBI FUNDS O;..O MANAGEMENT LIMITED Operating Margin (1) Cost to Income (in bps) 39 21.1% 37 37 16.9% 17.5% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 22 Note: 1. Comprises MF margins (ex-of passives)
Slide 24: Appendix
n SBI FUNDITESD 00 ... EMENT LIM MANAG Appendix
Slide 25: Standalone statement of Profit & Loss Account
Standalone statement of Profit & Loss Account o SBI FUNDS O;..O MANAGEMENT LIMITED Particulars Jun-26 Jun-25 YoY FY 25-26 Revenue from Operations Asset management fees 11,487 9,974 15% 43,746 I. Total revenue from operations 11,487 9,974 15% 43,746 II. Other Income 2,363 3,274 -29% 5,955 III. Total
Slide 26: Key performance indicators
Key performance indicators o SBI FUNDS O;..O MANAGEMENT LIMITED KPI Parameters Unit Jun-26 Jun-25 FY 25-26 Operational KPIs Total QAAUM ₹ billion 29,136 27,230 29,461 Total MF QAAUM ₹ billion 12,609 11,401 12,510 QAAUM - Equity oriented ₹ billion 5,898 5,244 5,783 QAAUM - Fixed Income ₹ billion 1,61
Slide 27: Breakup of total investments
Breakup of total investments o SBI FUNDS O;..O MANAGEMENT LIMITED Total investments ₹64,977 Million Breakdown of Total Investments Breakdown of Mutual Fund 2% 1%3% 18% 44% 52% 80% ■ Mutual Fund ■ G Sec/ SDLs ■ Others ■ Debt ■ Equity ■ Liquid ■ Passive Notes: 26 (1) Mutual Funds also include SEBI (Sk
Slide 28: Multi-channel distribution network
Multi-channel distribution network o SBI FUNDS O;..O MANAGEMENT LIMITED MF Overall MAAUM MF Equity MAAUM 11% 20% 20% 7% 35% 3% 13% 5% 58% 27% ■ MFD ■ ND ■ Other Bank ■ Direct ■ SBI Bank ■ MFD ■ ND ■ Other Bank ■ Direct ■ SBI Bank 27 Note: Direct includes ROBO, RIA & CD
Slide 29: KPI Definitions (1/2)
KPI Definitions (1/2) o SBI FUNDS O;..O MANAGEMENT LIMITED Average of daily closing AUM of Mutual Fund and offshore schemes and average of monthly closing AUM of PMS and Advisory and AIF for the latest quarter of the relevant 1 period Quarterly average of daily closing assets under management across
Slide 30: KPI Definitions (2/2)
KPI Definitions (2/2) o SBI FUNDS O;..O MANAGEMENT LIMITED AIF QAAUM represents the average of the closing AUM of Alternative Investment Funds (AIFs) managed by the company for each month during the latest quarter of the 13 relevant period 14 Total amount successfully debited (“triggered”) through S
Slide 31: Disclaimer
Disclaimer o SBI FUNDS O;..O MANAGEMENT LIMITED This presentation, the oral presentation of the information and any question-and-answer session that follows the oral presentation (collectively, the “Presentation”) prepared by SBI Funds Management Limited (the “Company”) is for information purposes o
Slide 32: Thank You
o SBI FUNDS O;..O MANAGEMENT LIMITED Thank You 31
Slide 33: Press release: financial results for quarter ended June 30, 2026
ft SBI MUTUAL FUND SBI Funds Management Limited A joint venture between SBI & AMUNDI OJ...O A p A RT N E R F O R L I F E (CIN:U65990MH1992PLC065289) PRESS RELEASE SBI FUNDS MANAGEMENT ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 The Company delivered a robust performance during th
Slide 34: Press release: about SBI Funds Management
ft SBI MUTUAL FUND SBI Funds Management Limited A joint venture between SBI & AMUNDI OJ...O A p A RT N E R F O R L I F E (CIN:U65990MH1992PLC065289) We are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies. The Company offers a comprehensive suite