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Investment Objective
The Fund would seek to provide investors with opportunities for long-term growth in capital through well-researched investments in a diversified basket of stocks of Indian Companies. The Fund shall invest all or substantially all of its assets into the units of the SBI Resurgent India Opportunities Scheme (Scheme).
Investment Strategy and Style
The investment strategy would revolve around growth at a reasonable price whereby the Scheme would invest in growth-oriented stocks which are available at attractive relative valuations. The Scheme would use a combination of top-down approach for sector allocation and bottom-up approach for stock selection in the Scheme. The Scheme would seek to identify and invest in businesses that have a sustainable competitive advantage and investments would have a medium term horizon of at least 24 months. The Scheme would adopt a four-stage filtering process based on the parameters of liquidity, management quality, valuations and competitive position of the company in determining the investment universe. The Scheme would not have any market capitalization restrictions and would be well-diversified across a broad range of sectors.

(Scheme means SBI Resurgent India Opportunities Scheme , an open-ended dedicated scheme of SBI Mutual Fund forming a segregated class of assets maintained in respect of the Shares)
Key Features

Legal Structure – The Fund holds a Category 1 Global Business License for the purpose of the Financial Services Act 2007 and is regulated by the Financial Services Commission, Mauritius (“FSC”).

Minimum investment -

Retail Plan - $5000 or EURO 5000 and in multiples of $1000 or EURO 1000

Institutional Plan - $1000000 or EURO 1000000 and in multiples of $1000 or EURO 1000
Retail 2 - US$5,000 & in multiples of US$1,000 thereafter

Subscription Fees – 5% (maximum)

Benchmark Index – BSE 100

NAV -  to be declared on all business day

Valuation Day - All business day

Management Fee - The Fund will pay the Investment Management Fee to the Investment Manager at a rate as mutually agreed from time to time within the aggregate expense limit as mentioned below. Retail & Retail 2 (USD Dollar and EURO Fund): 2.75% per annum of the daily net assets, Institutional (USD Dollar and EURO Fund): 2.00% per annum of the daily net assets, and Institutional 2 (USD Dollar): 1.25% per annum of the daily net assets

Redemption Fees - In case of USD Retail 2 Plan, at the time of the redemption, the exit load will be levied on the investors. Exit load will be - For exit within 1 year from the date of allotment - 2% of the investment amount; For exit after 1 year from the date of allotment – Nil.

Investment Manager - SBI Funds Management (International) Private Limited, incorporated as a Private Company with limited liability ((with registration number 60432 C1/GBL), a private company incorporated under the laws of Mauritius with limited liability, which is a wholly-owned subsidiary of the Scheme Asset Manager. The Fund, the Investment Manager and the offer or invitation of the shares is regulated by the Financial Services Commission of Mauritius established under the Financial Services Act, 2007 and governed by the Companies Act 2001, The Securities Act 2005 and The Securities (Collective Investment Schemes and Closed-end Funds) Regulations 2008.

Fund Administrator - Cim Fund Services Ltd acts as Secretary, Registrar and Administrator to the Fund.

Custodian - Barclays Bank Plc. has been appointed to act as Banker to the Fund SBI-SG Global Securities Services Pvt. Ltd. has been appointed by the Scheme Asset Manager as the Indian Custodian of the Scheme’s assets in India.

Auditor  – In Mauritius (Grant Thornton Ebene Tower, 52 Cybercity, Ebene, Mauritius) ; In India (M. M. Nissim & Co. Barodwala Mansion, B-Wing, 3rd Floor, 81, Dr. Annei Besant Road, Worli, Mumbai 400018 , India)

Bloomberg Code– Institutional (SBIRESG MP); Retail 2 ( SBRIOR2 MP)

ISIN Code:

Institutional   –(USD MU0201S00428 ; EURO MU0201S00436)
Retail 2   (USD - MU0201S00014)
Current NAV
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Disclaimer - Investment in the Participating Shares of the Fund involves a certain degree of risk, which may not be suitable for you. Please consult your financial, tax and legal advisers before considering subscription in the Participating Shares of this Fund. The information provided in this site does not constitute, and may not be used for the purposes of, an offer or an invitation to subscribe for any Shares by any person in any jurisdiction: (i) in which such offer or invitation is not authorised; or (ii) in which the person making such offer or invitation is not qualified to do so; or (iii) to any person to whom it is unlawful to make such offer or invitation. Please read the prospectus carefully before investing.