SBI Funds Management Limited

Item 5 – Fees and Compensation

SBIFML offers investment management and advisory services to clients who wish to invest in SBIFML's Mutual Fund,
Offshore Fund and Portfolio Management & Investment Advisory businesses. SBIFML may receive advisory fees
and/or management fees. SBIFML may further be reimbursed for certain operating and administrative expenses.

All services will be provided pursuant to written agreements, which permit either the client or SBIFML to terminate
the relationship at any time upon receipt of written notice by the other party.

There is no standard fee schedule for institutional PMS. Fees are negotiated with clients individually. We charge fees
as a percentage of assets or a fixed fee as well. Fees also include profit share above a certain threshold in a few
mandates. Fees are generally paid quarterly in arrears and computed based on the value of the daily/weekly average
assets under management at the end of each calendar quarter. Any significant contribution or withdrawal will be
prorated based on the date the money was received. SBIFML may deduct fees from client’s assets or may bill clients
for fees incurred. The client may choose either method. SBIFML will provide copies of the invoices to its clients.

SBIFML reserves the right to negotiate fees when suitable. Some clients pay more or less than others depending on
certain factors, including but not limited to, the type and size of the account, the historical or anticipated transaction
activity, the range of additional services provided to the client or the amount of client relationship assets under
management.

SBIFML may enter into an agreement with a Broker-Dealer or third-party Registered Investment Advisor in which
SBIFML pays a set percentage of the client’s management fee to the referring Broker-Dealer or third-party Registered
Investment Advisor. Fees charged to the client may be unique for clients which would have come directly or through
a broker-dealer.

In addition to our fees, each of the Funds and Private Account clients also separately incurs and pays certain expenses
related to the management and operation of the Fund or Private Account, as applicable, as well as the purchase,
sale, or transmittal of the client’s assets that we manage. These expenses include, among other things:

        brokerage commissions and other investment transaction costs;
        custodial and sub-custodial fees;
        accounting, auditing, and other professional fees and expenses;
        legal fees (including fees charged to us for the benefit of the client);
        tax preparation fees;
        government fees and taxes;
        filing fees;
        costs of reporting;

        in the case of the Funds; costs of Fund governance activities (including but not limited to expenses such as
         Board meeting-related expenses and other expenses for obtaining director and shareholder consents);
         and fees paid to the Fund’s administrator and the registrar

Please refer to “Item 12 - Brokerage Practices” below for more information about soft dollars, brokerage
commissions and other transaction expenses.

Item 7 – Types of Clients

SBIFML provides investment management and advisory services to registered investment companies, high-net-
worth individuals, private investors and institutional investors, with a focus on Indian securities. Portfolios offered
in SBIFML separately managed accounts may be suitable for a wide variety of investors, but particularly for more
conservative investors with long-term time horizons. Investors who may find the SBIFML investment approach
appropriate for their portfolios include:

        Investors with long-term time horizons seeking growth of capital or a high level of current income.

        Investors seeking to invest in fundamentally sound, well-managed companies that have long-term potential
         investments gains.

The minimum account size is INR 50,00,000 (current USD equivalent = ~ $52,921) * for all PMS and investment
advisory portfolios. SBIFML will not accept portfolios for an investor whose investment objectives are inconsistent
with the SBIFML's philosophy and disciplines. SBIFML may enter into agreements with parties that have different
minimum account sizes, and different account minimums and fees for existing clients.

(* Reference Rate: 1 USD = 94.4804INR, as on June 25, 2026. Source: www.rbi.org.in)