SBI SMALL CAP FUND
An open-ended Equity Scheme predominantly investing in small cap stocks
Inception date
September 09, 2009
AUM as on August 31, 2022
14044.46 (In Crs.)
Benchmark
S&P BSE 250 Small
Cap Index TRI
Minimum Inv. Amount
Rs. 5000, in multiples of 1
Additional Inv. Amount
Rs. 1000, in multiples of 1
Entry Load : N.A.
Exit Load : Upto 1 Yr
1%, thereafter : NIL
Plans & Options
Regular & Direct Plans
Growth & IDCW*
*Payout & Re-investment
Fund Managers :
Mr. R. Srinivasan
Market Actions
• Growth projections for FY23 lowered in India to
7% mainly on account of slower global growth
and inflationary pressures resulting in weak
domestic demand.
• FIIs turned net buyers of Indian equities in
August (USD$6.26bn, following $0.8bn in July).
DIIs turned net sellers after recording 17
consecutive months of positive inflows.
• We believe it may be premature to declare an
end to the current volatility. Investors should
stay patient and stick to their long-term asset
allocation.
• Investors would do well to not get carried away
after the recent sharp rally given the global
growth risks.
• It is patience through the turbulence that is
likely to be rewarded on the other side given
that corporate earnings have likely turned the
corner and are likely to trend higher over the
next few years.
Investment Strategy
• SBI Small Cap Fund is a bottom-up stock selection
philosophy focused on generating absolute
returns in a long-only context.
• A Minimum 65% of portfolio invested in stocks
that rank 250th & below in terms of market cap.
• Bottom-up stock selection philosophy. Sector
agnostic; sector active weights purely a function
of stock selection, Benchmark agnostic
• Stock selection philosophy is an optimal
combination of a good business and management
and reasonable valuations
SBI SMALL CAP FUND
Performance Attribution 1 year

POSITIVELY CONTRIBUTING SECTORS POSITIVELY CONTRIBUTING STOCKS

CAPITAL GOODS (OW) ELGI EQUIPMENTS LTD (OW)

CONSUMER SERVICES (OW) RAJRATAN GLOBAL WIRE LTD (OW)
HEALTHCARE (UW) FINE ORGANIC INDUSTRIES LTD (OW)
CASH (OW) LEMON TREE HOTELS LIMITED (OW)
AUTOMOBILE AND AUTO COMPONENTS (UW) VEDANT FASHIONS LTD (OW)

NEGATIVELY CONTRIBUTING SECTORS NEGATIVELY CONTRIBUTING STOCKS

CONSTRUCTION (OW) J K CEMENT LTD (OW)

REALTY (UW) TATA ELXSI (UW)
CHEMICALS (UW) CHEMPLAST SANMAR LTD (OW)
OTHERS (OW) ROSSARI BIOTECH LTD (OW)
FAST MOVING CONSUMER GOODS (OW) KNR CONSTRUCTIONS (OW)

Top 10 Holding Portfolio Sector Holdings

Top 10 Details* % of AUM Industry % of AUM

ELGI EQUIPMENTS LTD. 4.79 CAPITAL GOODS 20.93

VEDANT FASHIONS LTD. 4.15 CONSUMER DURABLES 14.63
SHEELA FOAM LTD. 3.33 CONSUMER SERVICES 12.19
BLUE STAR LTD. 3.29 CHEMICALS 7.77
FINE ORGANIC INDUSTRIES LTD. 3.08 CONSTRUCTION 6.75
RAJRATAN GLOBAL WIRE LTD. 3.02
FAST MOVING CONSUMER GOODS 5.08
CARBORUNDUM UNIVERSAL LTD. 2.97
AUTOMOBILE AND AUTO COMPONENTS 4.80
V-GUARD INDUSTRIES LTD. 2.75
FINANCIAL SERVICES 2.59
TIMKEN INDIA LTD. 2.55
HEALTHCARE 2.19
LEMON TREE HOTELS LTD. 2.49
CONSTRUCTION MATERIALS 1.80
Grand Total 32.42
Grand Total 78.73
SBI SMALL CAP FUND
Marketcap Allocation Portfolio Quants

SMALL CAP
7.5 0.1 Portfolio Quants Aug-22

8.7 MID CAP Standard Deviation# 23.63%

Beta# 0.77
11.9 CASH, CASH
EQUIVALENTS AND Sharpe Ratio# 1.09
OTHERS#
DERIVATIVES Portfolio Total Turnover 0.31

71.7
NON-CONVERTIBLE
PREFERENCE SHARES

# Source: Factsheet

Calendar Year Performance

110.7

78.3

58.8 57.2 59.1

47.6
38.8
31.7 33.5
27.8
20.6
7.8 6.1 6.3
3.3 1.3 3.3

-8.4 -3.4
-13.0
-19.7
-24.4 -24.2

-40.6

Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 CYTD

SBI Small cap Fund S&P BSE 250 Small Cap Index TRI

Rolling Returns
3 Year Rolling Returns
60.00

50.00

40.00

30.00

20.00

10.00

0.00

-10.00

-20.00

-30.00
Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19 Aug-19 Feb-20 Aug-20 Feb-21 Aug-21 Feb-22 Aug-22

SBI Small cap Fund S&P BSE 250 Small Cap Index 3 Yrs. Fund Average
SBI SMALL CAP FUND
Lumpsum Returns
1 Yr 3 Yrs 5 Yrs Since Inception
Point-to- Point-to- Point-to- Point-to-
Point Point Point Point
CAGR returns CAGR returns CAGR returns CAGR returns
Scheme Name
% Investmen % Investmen % Investmen % Investme
t of Rs. t of Rs. t of Rs. nt of Rs.
10,000/- 10,000/- 10,000/- 10,000/-
SBI Small Cap Fund 16.92 11692.00 32.03 23031.65 19.11 23976.73 20.46 112066.50
Scheme Benchmark:S&P BSE
6.81 10681.00 28.20 21085.14 10.08 16164.45 10.14 35034.20
250 Small Cap Index TRI
Additional Benchmark:S&P
4.82 10482.00 18.16 16504.43 14.75 19899.15 12.08 43959.40
BSE Sensex TRI

SIP Returns

Since
SCHEME NAME 1 Year SIP 3 Years SIP 5 Years SIP Inception
SIP

SBI Small Cap Fund 18.43 34.34 24.37 23.03

S&P BSE 250 Small Cap Index TRI 5.38 31.94 19.24 12.73
S&P BSE Sensex TRI 8.64 20.47 16.55 13.44
Data as on August 31, 2022

Product labelling
SBI Small Cap Fund
This product is suitable for investors who are seeking*
• Long term capital appreciation
• Investment in equity and equity-related securities predominantly of small cap
companies
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
SBI Small Cap Fund Benchmark: S&P BSE 250 Small Cap
Riskometer Index Riskometer

Strictly for internal use only