SBI MF launches SBI PSU Fund - NFO closes 14 June 2010

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Public sector enterprises play an important role in a developing economy and they make a major contribution towards the economic growth by creating a diversified industrial base. PSUs have played a significant role in building the country's infrastructure, enhancing national economic development, generating surpluses for capital formation and contributing to government revenue. SBI Mutual Fund invites you to unlock the PSU growth potential with SBI PSU Fund. It is an open ended equity scheme, that aims to provide investors with opportunities for long-term growth in capital. The scheme invests in a diversified basket of equity stocks of domestic Public Sector undertakings. These PSUs are present in high growth trajectory sectors viz; financial services, Oil & Gas, engineering and capital goods space to offer you an opportunity to benefit over the long term.   PSUs - A Great Investment Opportunity Now   Wealth Creators Divestment Opportunity Low Debt-Equity Ratio Resilient During Downturn Attractive Valuations Strong Dividend Payout         Invest in SBI PSU Fund today. Play a vital role in India's growth story.

Disclaimer: All figures, charts / graphs, and data included in this document are as on date and are subject to change without notice.  Such Information used in this document is believed to be from reliable sources. The AMC however does not warrant the accuracy, reasonableness and/or completeness of any information. For data reference to any third party in this material no such party will assume any liability for the same. All recipients of this material should before investing should make their own investigation, seek appropriate professional advice and carefully read the Scheme Information Document. Name of Scheme: SBI PSU Fund Type of Scheme: An open ended Equity scheme Investment Objective: The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs and others. Asset Allocation: Equity and equity related instruments covered under the universe of PSU Companies including derivatives: 65 %– 100 %, Debt and Money Market Instruments 0%-35% Exposure to derivatives instruments in the scheme may be to the extent of 50% of the net assets. Combined gross total exposure of debt (excluding CBLO/repo) + equity + derivatives (gross notional exposure) shall not exceed 100%.. Exposure to securitized debt may be to the extent of 20% of the net assets. Minimum Investment size: Rs. 5000/- and in multiples of Rs. 1/- thereafter Load Structure: Entry Load: Not Applicable Exit Load: Exit within 3 years from the date of allotment – 1 %, Exit after 3 years - Nil. Terms of Issue: Sale of units - Rs. 10/- per unit during NFO and at NAV related prices on all business days on continuous basis, Liquidity: The scheme would provide repurchase facility to investors on an ongoing basis on all business day. Risk Factors: Mutual Funds and Securities Investments are subject to market risks and there is no assurance or guarantee that the objective of scheme will be achieved. As with any other investment in securities, the NAV of the Units issued under the scheme can go up or down depending on the factors and forces affecting the securities market. Past performance of the Sponsor/AMC/Mutual Fund/Scheme(s) and their affiliates do not indicate the future performance of the scheme of the Mutual Fund. SBI PSU Fund is only the name of the scheme and does not, in any manner, indicates either the quality of the scheme or its future prospects and returns. SBI PSU Fund would be investing in equity & equity related instruments, debt and money market instruments (such as CBLO or as defined by SEBI regulations, term/notice money market, repos, reverse repos and any alternative to the call money market as may be directed by the RBI). The liquidity of the scheme's investments is inherently restricted by trading volumes and settlement periods. In the event of an inordinately large number of redemption requests, or of a restructuring of the scheme's investment portfolio, these periods may become significant. In view of the same, the Trustees have the right in their sole discretion to limit redemptions (including suspending redemptions) under certain circumstances. As the scheme would be primarily investing in the stock of PSU companies, so any government policy which will have an impact on the Public Sector Undertakings, will impact the performance of the fund also. The Scheme (at Portfolio level) to have >/= 20 investors and no investor to account for > 25% of the corpus of the Scheme. In case of non fulfillment with either of the above two conditions, the AMC shall comply with the specified SEBI Guidelines in this regard. The Mutual Fund is not assuring any returns nor is it assuring that it will make periodic distributions by way of dividends. Statutory details: SBI Mutual Fund has been set up as a trust under the Indian Trusts Act, 1882. State Bank of India ('SBI'), the sponsor is not responsible or liable for any loss resulting from the operation of the schemes beyond the initial contribution made by it of an amount of Rs. 5 lakhs towards setting up of the mutual fund. Asset Management Company: SBI Funds Management Private Limited (A joint venture between State Bank of India & Société Générale Asset Management). Trustee Company: SBI Mutual Fund Trustee Company Private Limited. A copy of the Scheme Information Document & Statement of Additional Information and Key Information Memorandum alongwith the application form may be obtained from our ISC's, ISD's, SBI Mutual Fund Corporate Office, SBI MF agents or can be downloaded from website – www.sbimf.com. Please read the Scheme Information Document carefully before investing.

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