Investments products are not bank deposits or other obligations of, guaranteed or insured by State Bank of India, or any of their affiliates, or by any local government or insurance agency, and are subject to investment risk, including the possible loss of the principal amount invested. Investors investing in funds denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. Past performance is not indicative of future performance. Any forecast of prediction of markets or economic trends, which are targeted by a unit trust is not necessarily indicative of the future or likely performance of the unit trust. Prices can go up or down. Unit Trusts are not available to US Persons and may not be available in all jurisdictions.

This document is published for information and general circulation only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. Investors should seek advice from a financial adviser regarding the suitability of the investment products, taking into account the specific investment objectives, financial situation or particular needs of each person before making a commitment to purchase the investment product. In the event an investor chooses not to do so, he should consider carefully whether the investment product is suitable for him. This document is prepared by State Bank of India (“SBI”), and the opinions expressed herein are subject to change without notice and may involve a number of assumptions, which may not be valid. Although the information contained herein has been taken from sources that are believed to be accurate, no warranty or representation is made as to its correctness, completeness or accuracy. SBI accepts no liability whatsoever for any direct, indirect or consequential loss arising from any use or reliance of this document which does not have any regard to the particular needs of any person.