• Is SBI Mutual Fund (SBIMF) a subsidiary of The State Bank of India?
• How many schemes does SBIMF have?
• How do I purchase units of various schemes of SBI Mutual Fund?
• How long will it take to receive an account statement after the purchase of units or the cheque in case of sale of units?
• How do I redeem my units from SBIMF?
• How long it will take to receive the redemption cheque?
• What is the procedure for switching over from one scheme/plan to another?
• Should all the unitholders sign for any request like, additional purchase, redemptions, change of address, etc?
• Can partnership firms invest in SBIMF?
• Can a corporate invest in SBIMF?
• Can a trust invest in SBIMF?
• Whom should I contact for queries?
• Is nomination facility available ?

Yes SBIMF is a fully owned subsidiary of the SBI.

SBI Mutual Fund draws strength from India's premier and highly respected bank, the State Bank of India. Set up on July 1, 1955, the State Bank of India is today, the largest banking operation in the country.

Through years of commitment to service and national development, SBI has grown into an instrument of social change. Today, it has 9034 branches in India and 51 offices in 31 countries, spread across the globe.

• Our Investment philosophy revolves around the concept of growth at a reasonable price whereby we invest in growth oriented stocks which are available at attractive relative valuations.
  
  
• We use a combination of the Top down and Bottom up approaches to investment
  
  
  • Top down approach for sector allocation
  • Bottom up approach for stock selection
  
  
  
• We identify and invest in businesses that have a sustainable competitive advantage.
  
  
• We invest with a medium term view, with an investment horizon of at least 18 months.
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• Risk control is an important element of our strategy
  
  
• We believe in pro-active fund management to out-perform benchmark indices

In determining our investment universe, we employ a multi-stage filtering process. At the first level filter, we look at liquidity. At the second level filter, we look at management quality. The third level is the competitive position of the company and the final level is the share price valuation.

To maximize the "risk adjusted returns" for the investors, based on their risk tolerance.

• Manage the schemes on a "Portfolio basis".
• Active management of interest rate risk.
• Credit risk management by following the conservative approach.
• Continuous monitoring

SBIMF has one of the widest of range schemes to meet every requirement of investors. With investment expertise of over 15 years, SBIMF has always fulfilled its promise to its investors and has striven to manage their funds with honestly and integrity.

You will have to fill in the application form, attach the cheque/draft payable at any of the SBIMF Investor Service Centre locations or SBI's Designated Collection. Both have to be deposited at your SBI's Designated Collection branch or send it to any of our Investor Service Centres. You can ask for application through any of the following modes:

• From your SBI's Designated Collection branch.
• Download the application form from our website.
• Request by e-mail at partnerforlife@sbimf.com
• Contact any of SBIMF's 26 Investor Service Centres or 3 Investor Service Desks across the country.
• Contact any SBIMF Distributors/Brokers/District Organizers. In case of additional purchases to your existing units, an 'Additional Purchase' form is also available in the account statements sent to you.
• If you are an account holder enjoying online debit facility with HDFC Bank or ICICI Bank or SBI, just click here

The account statement cheque will be mailed to you normally within five working days from receipt of the purchase/sales request.

To redeem your units, all you have to do is to fill in and sign the brief Redemption Request attached to your account statement. Send the request to nearest Investor Service Centre or the concerned registrar of the scheme or SBIMF Corporate Office.

Normally your redemption cheque will be mailed to you within three working days of our receiving your request.

You will have to fill up a switch-over request form, which will be sent to you alongwith your statement of account. You will also have to fill in a fresh application form for the scheme you switch-over into and send it to the nearest Investor Service Centre or the concerned Registrar.

For all such requests only first holder or survivor can sign on behalf of all unitholders.

Partnership firms can invest in the name of the firm, subject to the submission of:

* Certified copy of Partnership Deed
* List of authorised signatories with specimen signatures
* Certified copy of Resolution.

Corporate can invest in the name of the firm, subject to the submission of:

* Certified copy of Board Resolution
* Memorandum & Articles of Association
* List of authorised signatories with specimen signatures.

Religious / Charitable / Other trusts, WAKFs & Societies registered under the applicable laws are authorised to invest in Mutual Funds.

Please contact the designated Bank collecting branch or any of the SBI MF's representatives at the Investor Service Centres with your complaints, queries and suggestions. You can also use the Feedback Section (Contact Us).

Magnum holders can obtain load against their Magnum from any bank, subject to relevant RBI regulations & the suspective bank's instructions, by getting a lien registered / recorded with the registrars. In addition to this Magnum holders can obtain loans against their Magnums from SBI by getting lien registered / recorded with that Registrars subject to the conditions of SBI.