Rs. 10,000 invested every month since inception in January 2003,

Transcription

1 FUND FACT SHEET APRIL 2016 Rs. 10,000 invested every month since inception in January 2003, # has grown to over Rs Lakhs in March 2016 DHFL Pramerica Large Cap Fund (An Open Ended Equity Scheme) Quality. Focus. Wealth Creation. SIP of DHFL Pramerica Large Cap Fund - - Growth Option as on March 31, 2016 This is how your investments would have grown if you had invested Rs. 10,000 every month since inception in January 2003 Period Amount (Rs.) Returns (Annualised) Investment DHFL Pramerica Large Cap Fund DHFL Pramerica Large Cap Fund Nifty 50 Since Inception 15,80,000 45,26, Last 10 years 12,00,000 20,66, Last 5 years 6,00,000 8,34, Last 3 years 3,60,000 4,30, Last 1 year 1,20,000 1,17, is of the - Growth Option Date of Inception: : January 21, Fund Manager: Akash Singhania # Past performance may or may not be sustained in the future and should not be used as a basis for comparison with other investments. For standard performance of DHFL Pramerica Large Cap Fund and other schemes managed by the fund manager look inside the factsheet. Riskometer Capital growth over the long term Investment in equity and equity related securities. Degree of risk MODERATELY Investors understand that their principal will be at moderately high risk. * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Pramerica is a trade name used by Prudential Financial, Inc., (PFI) a company incorporated and with its principal place of business in the United States, and by its affiliated companies in select countries outside the United States. None of these companies are affiliated in any manner with Prudential plc, a company incorporated in the United Kingdom.

2 Market Review Equity Market The market that was In April, Indian markets maintained its momentum as FII flows continued to lend support, RBI cut its key rate by 25bps and there was a decent start to the Q4FY16 earnings. Nifty moved up +1.4%, BSE mid-cap index +4% and BSE small-cap index +4.5%. IIP data bounced back, CPI eased below 5% and this along with good monsoon expectations were encouraging indicators on the macro front. Metals, Banks and Realty sectors were the outperformers while IT and FMCG sectors were the laggards. CPI inflation moved lower to 4.8% compared to 5.2% in February and remains well within the RBI target range. WPI moved up marginally to -0.85% compared to -0.9% in February and continues to remain in the negative for over 15 months. Going Forward The up move in the Indian equities was supported by positive sentiment in global markets as commodities rallied and the US Federal Reserve left interest rates unchanged with a possibility to hike in June. US market closed the month higher by 0.4% and major European markets also closed on a positive note in the 1-2% range. FII net investment in April in Indian equity market was US 550million while domestic investors net sold US 350million. For CY2016 both FIIs and DIIs have invested US 1.7billion and US 730million respectively. Corporate earnings for Q4 FY2016 have so far been inline with estimates on an aggregate basis. Private sector Banks reported mostly in-line numbers but with higher provision due to the on-going RBI asset quality review and stress in sectors such as infrastructure, metals and power. Cement and automobile companies reported good volume and sales numbers while Metal stocks rallied due to a spike in global commodity prices. We expect double digit corporate earnings growth over the next two fiscal years led by higher demand, better capacity utilization, lower interest rates, operating leverage and rise in government expenditure. The second half of budget session which began on April 25th has so far been caught up in controversies. Meanwhile, the Joint Parliament Standing Committee has cleared the Bankruptcy and Insolvency Code and it is likely to be discussed in the ongoing Budget Session. Apart from the Bankruptcy code, progress on implementation of the GST bill and the 7th pay commission along with a good monsoon would be key drivers for the market going forward. With GDP growth expected in the 7-7.5% range, improving current account deficit and controlled inflation the macro story for India continues to be positive. Risks to the markets are mostly linked to global factors like pace of Fed rate hike, slow-down in China, crude prices and global growth. We remain positive on Indian equity markets based on improvement in domestic macro, acceleration in earnings growth over the next two years and reasonable valuations. Investors should continue to invest with a medium to long term view. Debt Market Fixed Income Market Mar-16 Apr-16 Change Overnight rate (NSE MIBOR) 9.00% 6.57% -2.43% 1 yr CD 8.00% 7.48% -0.53% 10 yr GOI yield 7.50% 7.44% -0.06% USD/INR IIP (Monthly with 2 month lag) -1.50% 2.00% 3.50% CPI (Monthly with 1 month lag) 5.18% 4.83% -0.43% 5 Yr AAA PSU spread (bps) Yr OIS 6.61% 6.70% 0.09% US 10 Yr yield 1.77% 1.84% 0.07% CRR 4.00% 4.00% 0.00% REVERSE REPO 6.00% 6.00% 0.00% REPO 6.50% 6.50% 0.00% Source: RBI Weekly Statistical Supplement & Bloomberg Inflation Inflation, the CPI which prints with a lag of one month eased to a six month low and also printed around 17 bps below the survey conducted by leading financial screens at 4.83 per cent, whereas it was below 43 bps from the revised CPI number printed by Central Statistical Organization (CSO). The drop in the CPI was due to the fall in food inflation which dropped from to 5.20 per cent. After touching a 16-month high of 4.80 per cent in Feb 16, the core CPI eased to 4.50 per cent year on year. It was primary driven by lower inflation in transport segment reflecting lower retail fuel prices. The Indian Economy After three consecutive months of contraction, the IIP grew at 2 per cent due to strong performance by electricity and mining sector, which grew at 5.00 and 9.80 per cent respectively. The current printed IIP number was 120 bps above the survey number whereas compared to prior data it was 350 bps above. The narrowing in the trade deficit stemmed from imports contracting a notable 21.6% annually in March, which was a significantly more profound drop than the 5.0% plunge tallied in February. The low-oil-price environment has caused the value of India s imports to drop. Accordingly, oil imports totaled USD 4.8 billion in March, which represented a 35.3% decrease compared to the same month last year. Whereas, exports fell 5.5% in March, which was a smaller fall than February s 5.7% contraction and marked the best result since December The IMD and Skymet have forecasted that this time the rainfall will be above average for the forthcoming monsoon season. The encouraging forecast of 106 per cent of long period average is anticipated to come as relief to the beleaguered agriculture input industry reeling under a drought after 2 successive year of highly deficient rainfall. Liquidity and Rates During the month of April the daily LAF number drop from the peak of INR bn to INR bn toward the end of the month. This indicates that RBI is working towards easing liquidity in the system. In the Month of April, RBI has done two OMO s worth INR 150bn each. We expect the pace of OMOs to remain steady as we go through the year. Post the rate cut on April 5th by RBI, the bond markets rallied initially, post which they settled down in the band. There was a fair bit of market positioning and rally that had happened prior to the rate cut and markets have now settled in anticipation of further cues on monsoon and liquidity easing. Fund Manager s view Current G-Sec spreads over the overnight operative rate remain attractive and offer room for compression. Over the month the short end of the curve comprising CDs up to one year and CPs have rallied in line with the fall in policy rates. As liquidity improves further we expect this to extend to the middle and longer end of the curve. Investors with a preference for lesser volatility and looking for regular income could consider shorter tenor products (1-3 years) including both accrual products and Short Maturity / semi duration products. Investors with a longer term horizon can consider longer duration products (with average maturity ranging from 3-7 years). Source: RBI & Bloomberg The views of the Fund Manager should not be construed as an advice and investors must make their own investment decisions regarding suitability of the funds based on their specific investment objectives and financial positions and using such independent advisors as they believe necessary. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. 2

3 DHFL Pramerica Large Cap Fund (An open-ended equity scheme) Capital growth over the long term Investment in equity and equity related securities. Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately high risk. Investment Objective: To generate long-term capital growth from investment in a diversified portfolio of equity and equity related securities. Fund Manager: Mr. Akash Singhania (Over 10 years of experience in financial market) Benchmark: Nifty 50 Option: Dividend (Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr.): Portfolio Turnover: 1.94 Volatility Measures (6 Years): Standard Deviation of Fund (Annual): 15.63% Standard Deviation of Benchmark (Annual): 17.04% Beta: 0.89 Sharpe Ratio***: 0.09 Tracking Error: 4.3% *** Risk Free Rate assumed to be 6.57% (based on MIBOR as on 29/04/2016) Fund Manager's Report: During the month the fund increased weightage in Oil, decreased weightage in Auto, Consumer Non Durables and Software. NAV: Growth ` ` Dividend ` ` Bonus ` ` Load Structure : Entry Load: NA. Exit Load: 1% if the investor redeems within 1 year from the date of allotment of units. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Record Date 24-Sep Dec Mar % to Net Auto 7.47 Tata Motors 3.27 Mahindra & Mahindra 2.05 Bajaj Auto 1.23 Maruti Suzuki India 0.93 Banks HDFC Bank 9.61 ICICI Bank 4.01 Kotak Mahindra Bank 3.84 Axis Bank 2.62 Bank of Baroda 1.94 State Bank of India 1.89 IndusInd Bank 1.29 Cement 3.70 UltraTech Cement 3.70 Construction Project 5.02 Larsen & Toubro 5.02 Consumer Non Durables 8.47 ITC 4.20 Hindustan Unilever 2.14 Asian Paints 2.13 Ferrous Metals 1.08 Tata Steel 1.08 Finance 8.75 Housing Development Finance Corp. Ltd 7.70 Bajaj Finance 1.05 Fund Nifty 50^ SENSEX# - Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) ,20, , , Growth Option % to Net Media & Entertainment 2.04 Zee Entertainment Enterprises 2.04 Minerals/Mining 1.06 Coal India 1.06 Oil 2.67 Oil & Natural Gas Corporation 2.67 Petroleum Products 5.68 Reliance Industries 4.84 Bharat Petroleum Corporation 0.84 Pharmaceuticals 6.40 Sun Pharmaceuticals Industries 2.89 Dr. Reddy's Laboratories 1.43 Lupin 1.09 Cipla 0.99 Software Infosys 8.32 Tata Consultancy Services 4.68 HCL Technologies 2.08 Wipro 1.36 Tech Mahindra 1.14 Transportation 1.00 Container Corporation of India 1.00 Cash & Current Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : January 21, 2003; : January 01, CAGR Compounded Annual Growth Rate For performance of schemes managed by Akash Singhania refer page no. 3-12, SIP - - Growth Option The fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested ` 10,000 on the 1st Business day of every month over a period of time Period Amount (Rs.) Returns (Annualised) Investment DHFL Pramerica Large Cap Fund DHFL Pramerica Large Cap Fund Nifty 50 Since Inception 15,80,000 45,26, Last 10 years 12,00,000 20,66, Last 5 years 6,00,000 8,34, Last 3 years 3,60,000 4,30, Last 1 year 1,20,000 1,17, Date of Inception: : January 21, 2003 Past performance may or may not be sustained and are available for subscription as per the below details Inception Date: : 21/01/2003, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: ` 1000/- and in multiples of `1/-thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/-. 3

4 DHFL Pramerica Diversified Equity Fund (An Open Ended Equity Scheme) Capital appreciation over long term. To generate income and capital appreciation by predominantly investing in an actively managed diversified portfolio of equity and equity related instruments including derivatives. Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately high risk. Investment Objective: To generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives. However, there is no assurance that the investment objective shall be realized. Fund Manager: Mr. Akash Singhania (Over 10 years of experience in financial market) Benchmark: S&P BSE 200 Index Option: Dividend (Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr.): Portfolio Turnover: 1.34 Fund Manager's Report: During the month the fund increased weightage in Construction Project, Finance and Industrial Capital Goods, decreased weightage in Banks, Petroleum Products and Software. NAV Growth ` ` Dividend ` ` Load Structure : Entry Load: NA. Exit Load: If units are redeemed/ switched out on or before 365 days from the date of allotment 1.00%; If units are redeemed/switched out after 365 days from the date of allotment Nil. % to Net Auto 5.99 Tata Motors 2.48 Mahindra & Mahindra 1.35 Maruti Suzuki India 1.15 Bajaj Auto 1.01 Auto Ancillaries 1.94 Exide Industries 1.04 Bosch 0.90 Banks HDFC Bank 6.08 Kotak Mahindra Bank 3.27 ICICI Bank 2.93 Axis Bank 2.15 State Bank of India 1.72 IndusInd Bank 1.38 Bank of Baroda 1.12 Cement 5.26 UltraTech Cement 3.20 Shree Cements 2.06 Construction Project 4.85 Larsen & Toubro 3.81 Voltas 1.04 Consumer Non Durables ITC 3.95 Britannia Industries 2.32 Asian Paints 2.10 Hindustan Unilever 1.76 Emami 1.02 United Spirits 0.96 Ferrous Metals 1.07 Tata Steel 1.07 Finance 7.17 Housing Development Finance Corp. Ltd 5.07 Multi Commodity Exchange of India 1.07 Bajaj Finance 1.04 % to Net Healthcare Services 1.20 Dr. Lal Path Labs 1.20 Industrial Capital Goods 4.95 Bharat Electronics 1.79 Siemens 1.61 BEML 1.54 Media & Entertainment 2.10 Zee Entertainment Enterprises 2.10 Minerals/Mining 1.02 Coal India 1.02 Oil 2.20 Oil & Natural Gas Corporation 2.20 Petroleum Products 5.65 Reliance Industries 3.48 Hindustan Petroleum Corporation 1.18 Bharat Petroleum Corporation 0.99 Pharmaceuticals 5.47 Sun Pharmaceuticals Industries 2.46 Cipla 1.09 Lupin 0.98 Dr. Reddy's Laboratories 0.94 Software Infosys 6.36 Tata Consultancy Services 3.59 HCL Technologies 1.60 Tech Mahindra 1.23 Hexaware Technologies 0.98 Wipro 0.95 Textile Products 1.12 Arvind 1.12 Transportation 1.10 Container Corporation of India 1.10 Cash & Current 3.46 No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Fund S&P BSE 200 Index^ NIFTY 50# - Growth Option 31 Mar 2015 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : March 04, 2015; : March 04, CAGR Compounded Annual Growth Rate For performance of schemes managed by Akash Singhania refer page no. 3-12, SIP - - Growth Option The fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested ` 10,000 on the 1st Business day of every month over a period of time Period Amount (Rs.) Returns (Annualised) Investment DHFL Pramerica Diversified Equity Fund DHFL Pramerica Diversified Equity Fund S&P BSE 200 Index Since Inception 1,20,000 1,13, Last 1 year 1,20,000 1,13, Date of Inception: : March 04, Past performance may or may not be sustained and are available for subscription as per the below details Inception Date: : 04/03/2015, : 04/03/2015. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/- 4

5 DHFL Pramerica Midcap Opportunities Fund (An open-ended equity scheme) Capital appreciation over long run. To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of mid cap companies. Degree of risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at high risk. Investment Objective: The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies. However, there is no assurance that the investment objective shall be realized. Fund Manager: Mr. Akash Singhania (Over 10 years of experience in financial market) Benchmark: Nifty Free Float Midcap 100 Option: Dividend (Payout / Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): Portfolio Turnover: 1.75 Fund Manager's Report: During the month the fund increased weightage in Banks, Consumer Non Durables, Finance, Industrial Capital Goods and Software, decreased weightage in Auto Ancillaries, Cement and Pharmaceuticals. NAV: Growth ` ` Dividend ` ` Load Structure : Entry Load: NA. Exit Load: If units are redeemed/ switched out on or before 365 days from the date of allotment %; If units are redeemed/switched out after 365 days of allotment - Nil. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Record Date 28-Sep Dec Mar % to Net Auto Ancillaries 6.82 Bosch 1.89 Exide Industries 1.89 Amara Raja Batteries 1.53 MRF 1.51 Banks 6.93 Bank of Baroda 3.94 Kotak Mahindra Bank 2.98 Cement 5.12 Shree Cements 5.12 Chemicals 1.54 Pidilite Industries 1.54 Construction 1.92 National Buildings Construction Corp. Ltd 1.92 Construction Project 2.35 Voltas 2.35 Consumer Durables 1.28 Havells India 1.28 Consumer Non Durables Britannia Industries 5.50 Emami 2.74 Marico 2.49 Asian Paints 2.22 United Breweries 1.46 Berger Paints (I) 1.07 United Spirits 0.91 Finance Bajaj Finance 4.81 Multi Commodity Exchange of India 2.25 Repco Home Finance 2.09 Mahindra & Mahindra Financial Services 1.73 % to Net Power Finance Corporation 0.92 Rural Electrification Corporation 0.91 Industrial Capital Goods 9.62 Siemens 3.64 Bharat Electronics 3.03 BEML 2.95 Industrial Products 4.03 Bharat Forge 2.04 Cummins India 1.98 Media & Entertainment 3.70 Zee Entertainment Enterprises 2.66 Dish TV India 1.04 Petroleum Products 5.87 Hindustan Petroleum Corporation 5.87 Pharmaceuticals 3.39 Divi's Laboratories 2.36 Strides Shasun 1.04 Software 7.27 Hexaware Technologies 2.86 MindTree 1.74 Oracle Financial Services Software 1.50 NIIT 1.18 Textile Products 1.95 Arvind 1.95 Transportation 4.45 Container Corporation of India 3.46 Gujarat Pipavav Port 0.98 Cash & Current 4.66 Fund Nifty Free Float Midcap 100^ NIFTY 50# - Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : December 02, 2013; : December 02, CAGR Compounded Annual Growth Rate For performance of schemes managed by Akash Singhania refer page no. 3-12, SIP - - Growth Option The fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested ` 10,000 on the 1st Business day of every month over a period of time Period Amount (Rs.) Returns (Annualised) Investment DHFL Pramerica Midcap Opportunities Fund DHFL Pramerica Midcap Opportunities Fund Nifty Free Float Midcap 100 Since Inception 2,70,000 2,84, Last 1 year 1,20,000 1,10, Date of Inception: : December 02, Past performance may or may not be sustained and are available for subscription as per the below details Inception Date: : 02/12/2013, : 02/12/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/- 5

6 DHFL Pramerica Tax Savings Fund (An Open Ended Equity Linked Savings Scheme with a lock-in period of 3 years) Long-term capital appreciation To generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time. Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately high risk. Investment Objective: The primary objective of the Scheme is to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time. However, there is no assurance that the investment objective shall be realized. Fund Manager: Mr. Akash Singhania (Over 10 years of experience in financial market) Benchmark: S&P BSE 200 Index Option: Dividend (Payout) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): Portfolio Turnover: 0.63 Fund Manager's Report: During the month the fund increased weightage in Auto, Finance and Industrial Capital Goods, decreased weightage in Petroleum Products. NAV: Growth ` 9.92 ` 9.94 Dividend ` 9.92 ` 9.94 Load Structure : Entry Load: NA. Exit Load: Nil No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). % to Net Auto 5.70 Tata Motors 2.38 Mahindra & Mahindra 1.43 Bajaj Auto 1.07 Maruti Suzuki India 0.82 Auto Ancillaries 1.80 Exide Industries 0.95 Bosch 0.85 Banks HDFC Bank 6.10 Kotak Mahindra Bank 3.56 ICICI Bank 2.96 Axis Bank 2.04 State Bank of India 1.63 IndusInd Bank 1.36 Bank of Baroda 1.02 Cement 4.98 UltraTech Cement 3.07 Shree Cements 1.92 Construction Project 4.47 Larsen & Toubro 3.52 Voltas 0.95 Consumer Non Durables ITC 3.85 Britannia Industries 2.47 Asian Paints 1.87 Hindustan Unilever 1.68 Emami 1.09 United Spirits 1.02 Ferrous Metals 1.14 Tata Steel 1.14 Finance 8.28 Housing Development Finance Corp. Ltd 5.16 Multi Commodity Exchange of India 2.09 Bajaj Finance 1.03 % to Net Healthcare Services 1.06 Dr. Lal Path Labs 1.06 Industrial Capital Goods 5.00 Bharat Electronics 2.04 BEML 1.49 Siemens 1.47 Media & Entertainment 1.79 Zee Entertainment Enterprises 1.79 Minerals/Mining 0.93 Coal India 0.93 Oil 2.11 Oil & Natural Gas Corporation 2.11 Petroleum Products 5.73 Reliance Industries 3.60 Hindustan Petroleum Corporation 1.08 Bharat Petroleum Corporation 1.05 Pharmaceuticals 5.30 Sun Pharmaceuticals Industries 2.10 Cipla 1.16 Lupin 1.04 Dr. Reddy's Laboratories 1.00 Software Infosys 6.25 Tata Consultancy Services 3.55 HCL Technologies 1.62 Hexaware Technologies 1.04 Wipro 0.96 Tech Mahindra 0.84 Textile Products 1.08 Arvind 1.08 Transportation 1.02 Container Corporation of India 1.02 Cash & Current 4.71 and are available for subscription as per the below details Inception Date: : 11/12/2015, : 11/12/2015. Application Amount: Minimum of ` 500/- and in multiples of ` 500/- thereafter. Additional Purchase Amount: Minimum of ` 500/- and in multiples of ` 500/- thereafter or 50 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/-. 6

7 DHFL Pramerica Balanced Advantage Fund (An Open Ended Balanced Scheme) Capital growth over the long term Investment in equity and equity related securities. Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately high risk. Investment Objective: The investment objective of the scheme is to generate long term capital appreciation and income from a portfolio of equity and equity related securities as well as fixed income securities. Fund Manager: Mr. Akash Singhania (Equity portion) (Over 10 years of experience in financial market) and Mr. Rakesh Suri (Debt portion) (Over 17 years of experience in Fixed Income Markets) Benchmark: CRISIL Balanced Fund Index Option: Dividend (Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr.): Portfolio Turnover: 7.71 Volatility Measures (6 Years): Standard Deviation of Fund (Annual): 16.13% Standard Deviation of Benchmark (Annual): 17.07% Beta: 0.91 Sharpe Ratio***: Tracking Error: 4.7% *** Risk Free Rate assumed to be 6.57% (based on MIBOR as on 29/04/2016) NAV: Growth ` ` Dividend ` ` Bonus ` Load Structure : Entry Load: NA Exit Load: 1% if the investor redeems within 1 year from the date of allotment of units. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Record Date 23-Mar Jun Dec % to Net Auto 5.22 Tata Motors 2.45 Mahindra & Mahindra 1.06 Maruti Suzuki India 0.91 Bajaj Auto 0.80 Auto Ancillaries 1.10 Bosch 1.10 Banks HDFC Bank 4.35 Kotak Mahindra Bank 3.44 ICICI Bank 3.03 Axis Bank 2.27 Indusind Bank 1.26 State Bank Of India 1.12 Cement 2.28 Ultratech Cement 2.28 Construction Project 1.81 Larsen & Toubro 1.81 Consumer Non Durables ITC 9.36 Britannia Industries 2.29 Asian Paints 1.56 Kaya 1.53 Hindustan Unilever 1.39 Ferrous Metals 0.56 Tata Steel 0.56 % to Net Finance 3.70 Housing Development Finance Corporation 2.61 Bajaj Finance 1.09 Media & Entertainment 1.49 Zee Entertainment Enterprises 1.49 Oil 1.04 Oil & Natural Gas Corporation 1.04 Petroleum Products 3.97 Reliance Industries 2.63 Hindustan Petroleum Corporation 1.33 Pharmaceuticals 3.82 Sun Pharmaceuticals Industries 1.23 Dr. Reddy's Laboratories 1.11 Cipla 0.77 Lupin 0.71 Software 8.31 Infosys 4.35 Tata Consultancy Services 2.64 HCL Technologies 0.78 Tech Mahindra 0.54 Equity Holdings Corporate Debt 9.57 Government Bond And Treasury Bill Cash & Current 5.42 Fund S&P BSE 200 Index^ CRISIL Balanced Fund Index^ Nifty 50# Period Returns Returns Returns Returns - Growth Option 08 Mar 2016 to 31 Mar , , , Mar 2015 to 03 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , , Growth Option 08 Mar 2016 to 31 Mar , , , Mar 2015 to 03 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , , Date of Inception: : January 29, 2004; : January 01, CAGR Compounded Annual Growth Rate Absolute Returns. ^ Scheme Benchmark. # Standard Benchmark. *Based on standard investment of ` 10,000 made at the beginning of the relevant period. Since Inception returns have been calculated from the date of inception till March 31, Past performance may or may not be sustained The benchmark of the scheme has been changed from BSE 200 Index to CRISIL Balanced Fund Index w.e.f. close of business hours on March 04, 2016, pursuant to change in fundamental attributes of the scheme. For performance of schemes managed by Akash Singhania refer page no. 3-12, For performance of schemes managed by Rakesh Suri refer page no. 7, 12, 22, SIP - - Growth Option The fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested ` 10,000 on the 1st Business day of every month over a period of time Period Amount (Rs.) Returns (Annualised) Investment DHFL Pramerica Balanced Advantage Fund DHFL Pramerica Balanced Advantage Fund CRISIL Balanced Fund Index Since Inception 14,50,000 30,87, Last 10 years 12,00,000 19,57, Last 5 years 6,00,000 7,96, Last 3 years 3,60,000 4,15, Last 1 year 1,20,000 1,15, Date of Inception: : January 29, Past performance may or may not be sustained and are available for subscription as per the below details Inception Date: : 29/01/2004, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/- 7

8 DHFL Pramerica Top Euroland Offshore Fund (An Open-Ended Overseas Fund of Funds Scheme) Capital growth over the long term Investment in units of overseas mutual funds having diversified portfolio. Degree of risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at high risk. Investment Objective: The primary investment objective of the scheme is to generate long-term capital growth from a diversified portfolio of units of overseas mutual funds. Fund Manager: Mr. Akash Singhania (For investments in Foreign Securities) (Over 10 years of experience in financial market) and Mr. Kumaresh Ramakrishnan (For investments in Indian Market) (Over 19 years of experience in Fixed Income markets as Fund Manager and Analyst). Underlying Fund: Deutsche Invest I Top Euroland Benchmark: MSCI EMU Index Option: Dividend (Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): NAV: Growth ` ` Dividend ` ` 9.19 The investors will be bearing the recurring expenses of the scheme, in addition to the expenses of the underlying scheme. Load Structure : Entry Load: NA. Exit Load: 1% if redeemed/ switched out within 12 months of allotment. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Portfolio of DHFL Pramerica Top Euroland Offshore Fund as of April 29, 2016 % to Net Deutsche Invest I Top Euroland IC Cash & Current Top Ten Holdings of Deutsche Invest I Top Euroland (Underlying Fund) as of March 31, 2016 Security Ending Weight (% of equity) SAP SE (Information Technology) 5.9 Unilever NV (Consumer Staples) 4.8 Vinci SA (Industrials) 4.8 Orange (Telecommunication Serv.) 4.4 Daimler AG (Consumer Discretionary) 3.9 Deutsche Post AG (Industrials) 3.5 Anheuser-Busch InBev SA/NV (Consumer Staples Schneider Electric SE (Industrials) 3.3 Deutsche Telekom AG (Telecommunication Serv.) Industria de Diseno Textil SA (Consumer Discretio Top Ten Geographic Distribution of Deutsche Invest I Top Euroland (Underlying Fund) as of March 31, 2016 Country % Germany 31.1 France 24.7 Spain 11.9 Netherlands 11.6 Italy 8.3 Finland 4.7 Belgium Record Date Dividend per 26-Sept Fund Eurostoxx 50 Index MSCI EMU Index Nifty 50# Period Returns Returns Returns Returns - Growth Option 08 Mar 2016 To 31 Mar , , , Mar 2015 To 3 Mar , , , Mar 2014 To 31 Mar , , , Mar 2013 To 31 Mar , , , Since Inception (CAGR) , , , Growth Option 08 Mar 2016 To 31 Mar , , , Mar 2015 To 3 Mar , , , Mar 2014 To 31 Mar , , , Mar 2013 To 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : September 11, 2007; : January 01, CAGR Compounded Annual Growth Rate Absolute Returns. ^ Scheme Benchmark. # Standard Benchmark. *Based on standard investment of ` 10,000 made at the beginning of the relevant period. Since Inception returns have been calculated from the date of inception till March 31, Past performance may or may not be sustained The benchmark has been changed from EURO STOXX 50 to MSCI EMU Index w.e.f. March 08, W.e.f. January 09, 2014 the underlying fund of the scheme has been changed. For performance of schemes managed by Akash Singhania refer page no. 3-12, For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, 19 and are available for subscription as per the below details Inception Date: : 11/09/2007, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/- 8

9 DHFL Pramerica Global Agribusiness Offshore Fund (An Open-Ended Overseas Fund of Funds Scheme) Capital growth over the long term Investment in units of overseas mutual funds that invest in equity securities of companies in Agriculture and related businesses. Degree of risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at high risk. Investment Objective: The primary investment objective of the scheme is to generate long-term capital growth by investing predominantly in units of overseas mutual funds, focusing on agriculture and/or would be direct and indirect beneficiaries of the anticipated growth in the agriculture and/or affiliated/allied sectors. Fund Manager: Mr. Akash Singhania (For investments in Foreign Securities) (Over 10 years of experience in financial market) and Mr. Kumaresh Ramakrishnan (For investments in Indian Market) (Over 19 years of experience in Fixed Income markets as Fund Manager & Analyst). Underlying Fund: Deutsche Invest I Global Agribusiness Benchmark: MSCI World Index Option: Dividend (Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): NAV Growth ` ` Dividend ` ` Bonus ` The investors will be bearing the recurring expenses of the scheme, in addition to the expenses of the underlying scheme. Load Structure : Entry Load: NA. Exit Load: 1% if redeemed/ switched out within 12 months of allotment. Portfolio of DHFL Pramerica Global Agribusiness Offshore Fund as of April 29, 2016 % to Net Deutsche Invest I Global Agribusiness Net Cash & Current 4.13 Top Ten Holdings of Deutsche Invest I Global Agribusiness (Underlying Fund) as of March 31, 2016 Security Country Ending Weight (% of equity) Mosaic Company United States 8.4 CF Industries Holdings Inc. United States 8.3 Agrium Inc. Canada 7.9 KWS SAAT AG Germany 7.0 Potash Corp. of Saskatchewan Canada 6.3 Vilmorin & Cie SA France 4.5 Monsanto Co United States 4.5 Bunge Ltd United States 3.1 SLC Agricola SA Brazil 2.9 Andersons Inc/The United States 2.7 Top Ten Geographic Distribution of Deutsche Invest I Global Agribusiness (Underlying Fund) as of March 31, 2016 Country % United States 42.5 Canada 15.5 Brazil 8.7 Germany 7.3 Australia 4.7 France 4.6 Switzerland 2.3 South Africa 1.5 Cayman Islands 1.5 Hong Kong 1.5 No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Fund MSCI World Index^ Nifty 50# Record Date 18-Mar Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : May 14, 2010; : January 01, CAGR Compounded Annual Growth Rate For performance of schemes managed by Akash Singhania refer page no. 3-12, For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, 19 and are available for subscription as per the below details Inception Date: : 14/05/2010, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/- 9

10 DHFL Pramerica Arbitrage Fund (An Open Ended Equity Scheme) Income over short term Income through arbitrage opportunities between the equity spot and equity derivatives market and arbitrage opportunities within the equity derivatives segment Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately low risk. Investment Objective: To generate income by investing in arbitrage opportunities that potentially exist between the cash and derivatives market as well as within the derivatives segment of the market. Investments may also be made in debt & money market instruments. There can be no assurance or guarantee that the investment objective of the Scheme will be realized. Fund Manager: Mr. Akash Singhania (Over 10 years of experience in financial market) & Mr. Utkarsh Katkoria (Over 8 years of experience in financial service sector) (Equity portion) and Mr. Kumaresh Ramakrishnan (Debt portion) (Over 19 years of experience in Fixed Income markets as Fund Manager and Analyst). Benchmark: CRISIL Liquid Fund Index Option: Dividend (Regular, Monthly, Quarterly and Annual - Payout/ Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): Portfolio Turnover: % to Net Banks 9.96 HDFC Bank 9.96 Cement 4.69 Grasim Industries 4.69 Consumer Non Durables ITC 8.48 Hindustan Unilever 3.50 Ferrous Metals 5.71 JSW Steel 5.71 Finance 7.88 Housing Development Finance Corporation 7.88 Media & Entertainment 1.54 Zee Entertainment Enterprises 1.54 % to Net Petroleum Products 8.71 Reliance Industries 8.71 Pharmaceuticals 8.33 Sun Pharmaceuticals Industries 8.33 Software 7.15 Tata Consultancy Services 7.15 Equity Holdings (Hedged) Corporate Debt 0.40 Mutual Funds / Exchange Traded Funds 9.67 Fixed Deposits Cash & Current 8.10 NAV: Growth ` ` Regular Dividend ` ` Monthly Dividend ` ` Quarterly Dividend ` ` Annual Dividend ` ` Load Structure: Entry Load: NA Exit Load: W.e.f. May 02, 2016: 0.50% if redeemed / switched-out within 30 days from the date of allotment and Nil if redeemed / switched-out after 30 days from the date of allotment of units. Fund CRISIL Liquid Fund Index^ CRISIL 1 Year T-Bill Index# - Growth Option 31 Mar 2015 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Record Date REGULAR DIVIDEND 24-Sep Since Inception (CAGR) , , , Date of Inception: : August 27, 2014; : August 27, CAGR Compounded Annual Growth Rate For performance schemes managed by Akash Singhania refer page no. 3-12, For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, Dec Mar MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 24-Sep Dec Mar and are available for subscription as per the below details Inception Date: : 27/08/2014, : 27/08/2014. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase: ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/-. 10

11 DHFL Pramerica Equity Income Fund (An Open Ended Equity Scheme) Capital appreciation and Income distribution over the medium term Investment primarily in equity and equity related securities and a small allocation to debt securities Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately high risk. Investment Objective: The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns. Fund Manager: Mr. Akash Singhania (Equity portion) (Over 10 years of experience in financial market) and Mr. Kumaresh Ramakrishnan (Debt portion) (Over 19 years of experience in Fixed Income market as Fund Manager and Analyst) Benchmark: 75% of CRISIL Liquid Fund Index and 25% in Nifty 50 Option: Dividend (Monthly, Quarterly and Annual - Payout/ Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): Portfolio Turnover: NAV Growth ` ` Monthly Dividend ` ` % to Net Auto 2.06 Mahindra & Mahindra 2.06 Banks Axis Bank # 8.53 HDFC Bank # 4.38 Cement 2.04 Ultratech Cement 2.04 Construction Project 1.94 Larsen & Toubro 1.94 Consumer Non Durables ITC # 8.98 Asian Paints 2.23 Britannia Industries 2.21 Ferrous Metals 3.61 JSW Steel # 3.61 Finance 6.74 Housing Development Finance Corporation 6.74 % to Net Media & Entertainment 2.67 Zee Entertainment Enterprises 2.67 Petroleum Products 8.62 Reliance Industries # 8.62 Pharmaceuticals 7.66 Sun Pharmaceuticals Industries # 7.66 Software 3.83 Tata Consultancy Services 1.96 Infosys 1.87 Equity Holdings Corporate Debt Fixed Deposits 7.71 Cash & Current # HEDGED: 44.46% Quarterly Dividend ` ` Annual Dividend ` ` Load Structure : Entry Load: NA Exit Load: 1% if the investor redeems within 1 year from the date of allotment of units. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). as on March 31, 2016 Fund 75% of CRISIL Liquid Fund Index and 25% in Nifty 50 ^ CRISIL 10 Year Gilt Index # - Growth Option 31 Mar 2015 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , Since Inception (CAGR) , , as on December 31, 2014 Record Date MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 24-Sep Dec Mar ANNUAL DIVIDEND 26-Mar Mar Sept Fund CRISIL MIP Blended Index ^ CRISIL 10 Year Gilt Index # - Growth Option 31 Dec 2013 to 31 Dec , , , Dec 2012 to 31 Dec , , , Dec 2011 to 31 Dec , , , Since Inception (CAGR) , , , Growth Option 31 Dec 2013 to 31 Dec , , , Since Inception (CAGR) , , , Date of Inception: : January 29, 2004; : January 01, CAGR Compounded Annual Growth Rate W.e.f. January 12, 2015 fundamental attributes of the scheme have been changed For performance of schemes managed by Akash Singhania refer page no. 3-12, For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, 19 and are available for subscription as per the below details Inception Date: : 29/01/2004, : 01/01/2013. Application Amount: Minimum of ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly and Quarterly): 2 (two) installments of ` 100/-. 11

12 DHFL Pramerica Income Advantage Fund (An Open Ended Income Scheme) Regular income and capital appreciation over the medium term Investment primarily in debt securities and a small allocation to equity and equity related securities Degree of risk MODERATE * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderate risk. Debt Equity % to Net Rating % to Net Rating PSU Bonds 3.45 Zee Entertainment Enterprises Ltd State Bank of India 3.45 CARE AAA Tata Consultancy Services Ltd Corporate Debt Infosys 2.45 Investment Objective: The objective of Scheme is to generate regular returns through investment primarily in Debt and Money Market Instruments and to generate capital appreciation by investing in equity and equity related instruments. Monthly Income is not assured & is subject to availability of distributable surplus. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Fund Manager: Mr. Rakesh Suri (Debt portion) (Over 17 years of experience in Fixed Income Markets) and Mr. Akash Singhania (Equity portion) (Over 10 years of experience in financial market) Benchmark: CRISIL MIP Blended Fund Index Option: Dividend (Payout & Reinvestment) and Growth. Sundaram BNP Paribas Home Finance Cholamandalam Investment and Finance Company Ltd Adani Ports and Special Economic Zone Ltd. Aspire Home Finance Corporation Ltd (Motilal Oswal Group,Rating A+) Edelweiss Commodities Services 8.27 CARE AA ICRA AA 5.14 ICRA AA CRISIL A ICRA AA ECL Finance Ltd 1.55 CARE AA Equities HDFC Bank Ltd Mahindra & Mahindra Ltd Housing Development Finance Corporation Ltd UltraTech Cement Ltd Britannia Industries 2.13 Asian Paints Ltd Larsen & Toubro Ltd CBLO 1.96 Cash & Current Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): Asset Allocation Credit Quality Profile AUM as on 29/04/2016 (` in Cr): Cash & Current AAA / A Portfolio Turnover: Average Maturity: 1.32 yrs Modified Duration: 1.11 yrs Portfolio Yield: 7.70% Corporate Debt AA Fund Manager s Report: The exposure to debt securities will help to generate steady returns. The fund intends to take Nifty exposure through Index Options. Fresh flows into the fund are being deployed predominantly in medium term (1-3 yrs) bonds. Equities PSU Bonds AA Other NAV CBLO 1.96 Growth ` ` Dividend ` Load Structure : Entry Load: NA. Exit Load: 1.5% if the investor redeemed/switched out within 12 months. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. - Record Date MONTHLY DIVIDEND 23-Dec Jan Apr Fund CRISIL MIP Blended Fund Index^ CRISIL 10 Year Gilt Index# - Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : November 02, 2007; : January 01, CAGR Compounded Annual Growth Rate For performance of schemes managed by Akash Singhania refer page no. 3-12, For performance of schemes managed by Rakesh Suri refer page no. 7, 12, 22, and are available for subscription as per the below details Inception Date: : 2/11/2007, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/ SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/Quarterly): 2 (two) installments of ` 100/-. 12

13 DHFL Pramerica Insta Cash Plus Fund (An Open Ended Liquid Scheme) Rated AAAmfs by ICRA ## Liquidity and generate income in the short term Investment in debt and money market securities with maturity upto 91 days only Degree of risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at low risk. Investment Objective: To generate steady returns along with high liquidity by investing in a portfolio of short-term, high quality money market and debt instruments. Fund Manager: Mr. Kumaresh Ramakrishnan (Over 19 years of experience in Fixed Income market as Fund Manager and Analyst) and Mr. Rahul Dedhia (Over 6 years of experience in Financial Services) Benchmark: CRISIL Liquid Fund Index Option: Dividend (Daily Reinvestment only, Weekly, Monthly, Quarterly & Annual - Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): 10, Monthly Average AUM (` in Cr): 5, AUM as on 29/04/2016 (` in Cr): 6, Average Maturity: 0.10 yrs Modified Duration: 0.10 yrs Portfolio Yield: 8.05% Fund Manager s Report: The fund maintains a judicious mix of near liquid and short term predominantly money market securities to deliver steady returns. NAV Growth ` ` Daily Dividend ` ` Weekly Dividend ` ` Monthly Dividend ` ` Quarterly Dividend ` Annual Dividend ` Bonus ` ` Monthly Bonus ` ` Annual Bonus ` ` Load Structure : Entry Load: NA. Exit Load: Nil. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. ## For rating methodology refer page no. 24 Record Date Dividend / Dividend / MONTHLY DIVIDEND 26-Feb Mar Apr ANNUAL DIVIDEND 28-Mar # On face value of ` 100. Post Dividend per unit NAV will fall to % to Net Rating Certificate Of Deposit South Indian Bank 5.33 CARE A1+ Corporation Bank 5.04 CRISIL A1+ Oriental Bank Of Commerce 4.55 CRISIL A1+ HDFC Bank Ltd CARE A1+ Indian Bank 2.87 IND A1+ Dena Bank 2.52 CRISIL A1+ IDBI Bank Ltd CRISIL A1+ Punjab And Sind Bank 1.95 ICRA A1+ Bank Of Maharashtra 1.43 CRISIL A1+ Syndicate Bank 1.15 CARE A1+ ICICI Bank Ltd ICRA A1+ South Indian Bank 0.72 CARE A1+ IDFC Bank 0.72 ICRA A1+ Vijaya Bank 0.72 CARE A1+ Canara Bank 0.72 CRISIL A1+ Kotak Mahindra Bank Ltd CRISIL A1+ Union Bank Of India 0.72 CRISIL A1+ National Bank For Agriculture & 0.07 CRISIL A1+ Rural Development Commercial Paper Edelweiss Commodities Services 5.03 CRISIL A1+ Bilt Graphic Paper Products Ltd 4.68 IND A1+ Power Finance Corporation Ltd CRISIL A1+ Century Textile & Industries Ltd CRISIL A1+ National Bank For Agriculture & 3.97 CRISIL A1+ Rural Development Religare Finvest 2.88 IND A1+ Steel Authority Of India Ltd IND A1+ Cox And Kings 1.80 CARE A1+ GIC Housing Finance 1.44 ICRA A1+ India Infoline Finance 1.43 ICRA A1+ % to Net Rating Godrej And Boyce Manufacturing 1.43 CRISIL A1+ Tata Capital Housing Finance Ltd CRISIL A1+ Piramal Enterprises Ltd (Formerly 1.37 ICRA A1+ Known As Piramal Health) Tata Motors Finance Ltd 1.37 ICRA A1+ JK Lakshmi Cement 0.93 CARE A1+ Edelweiss Housing Finance 0.72 CRISIL A1+ Religare Enterprises 0.72 ICRA A1+ J K Tyre & Indutries Ltd 0.72 CARE A1+ KEC International 0.72 IND A1+ TVS Credit Services Ltd 0.72 ICRA A1+ Reliance Home Finance 0.72 ICRA A1+ Supreme Industries Ltd 0.50 CRISIL A1+ National Fertilizers 0.36 CRISIL A1+ Adani Ports And Special Economic 0.07 ICRA A1+ Zone Ltd. Chambal Fertilizers & Chemicals Ltd CRISIL A1+ Aditya Birla Finance 0.07 ICRA A1+ Bill Rediscounting 4.99 Barclays Bank PLC 4.31 Deutsche Bank AG 0.68 Corporate Debt 0.18 Housing Development Finance 0.07 CRISIL AAA Corporation Ltd. Shriram Transport Finance Co. Ltd AA Dewan Housing Finance Corporation 0.04 CARE AAA Treasury Bills Day Tbill SOV Bank Fixed Deposit Cash & Current Asset Allocation Credit Quality Profile Commercial Paper Certificate of Deposit Bank Fixed Deposit Bill Rediscounting 4.99 Treasury Bills 4.83 Corporate Debt 0.18 Cash & Current AAA / A1+ Fund CRISIL Liquid Fund Index ^ CRISIL 1 Year T-Bill Index # - Growth Option 7 days (23 March 2016 to 31 March 2016) , , , days (17 March 2016 to 31 March 2016) , , , days (29 February 2016 to 31 March 2016) , , , Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 7 days (23 March 2016 to 31 March 2016) , , , days (17 March 2016 to 31 March 2016) , , , days (29 February 2016 to 31 March 2016) , , , Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : September 05, 2007; : January 01, CAGR Compounded Annual Growth Rate Returns for period of less than 1 year are absolute. For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, 19 AA SOVEREIGN and are available for subscription as per the below details Inception Date: : 05/09/2007, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/ Quarterly): 2 (two) installments of ` 100/-. 13

14 DHFL Pramerica Ultra Short Term Fund (An Open Ended Income Scheme) Rated AAAmfs by ICRA ## Income over the short term Investment in short term debt and money market instruments Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately low risk. Investment Objective: To provide liquidity and generate stable returns by investing in a mix of short term debt and money market instruments. Fund Manager: Mr. Nitish Gupta (Over 20 years of experience in fund management, trading and research) and Mr. Kumaresh Ramakrishnan (Over 19 years of experience in Fixed Income market as Fund Manager and Analyst) Benchmark: CRISIL Liquid Fund Index Option: Dividend (Daily Reinvestment only, Weekly, Monthly, Quarterly & Annual - Reinvestment/Payout) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): 1, Monthly Average AUM (` in Cr): 1, AUM as on 29/04/2016 (` in Cr): 1, Average Maturity: 0.35 yrs Modified Duration: 0.30 yrs Portfolio Yield: 8.19% Fund Manager s Report: The fund has been maintaining a judicious mix of near liquid and short term securities to deliver consistent market related returns with lower volatility. NAV Growth ` ` Daily Dividend ` ` Weekly Dividend ` ` Monthly Dividend ` ` Quarterly Dividend ` ` Annual Dividend ` Dividend ` Bonus ` ` Monthly Bonus ` ` Annual Bonus ` ` Load Structure : Entry Load: NA. Exit Load: Nil. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. ## For rating methodology refer page no. 24 Record Date MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 24-Sep Dec Mar ANNUAL DIVIDEND 26-Sept % to Net Rating Certificate Of Deposit ICICI Bank Ltd ICRA A1+ State Bank Of Bikaner And Jaipur 5.81 CRISIL A1+ Bank Of Baroda 5.80 ICRA A1+ Bank Of Maharashtra 5.50 CRISIL A1+ State Bank Of Patiala 2.90 ICRA A1+ Axis Bank Ltd CRISIL A1+ State Bank Of Hyderabad 2.75 ICRA A1+ Commercial Paper 5.81 National Fertilizers 5.81 CRISIL A1+ Corporate Debt Dewan Housing Finance 8.51 CARE AAA Corporation Edelweiss Commodities Services 7.35 CARE AA % to Net Rating Indiabulls Housing Finance Ltd CARE AAA Housing Development Finance 5.84 CRISIL AAA Corporation Ltd. Reliance Inceptum Private 4.48 BRICK AA+ (SO) Reliance Infrastructure Ltd IND AA-(SO) Religare Enterprises 3.27 IND AA- Vizag General Cargo Berth 2.37 CRISIL AA-(SO) Pvt Ltd PSU Bonds 2.93 Power Finance Corporation Ltd CRISIL AAA CBLO 0.01 Bank Fixed Deposit 4.81 Cash & Current 9.05 Asset Allocation Credit Quality Profile Corporate Debt Certificate of Deposit Cash & Current Commercial paper Bank Fixed Deposit PSU Bonds CBLO 0.01 * AA include securities rated as AA and AA- Fund CRISIL Liquid Fund Index^ CRISIL 1 Year T-Bill Index# - Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option AAA / A1+ 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : November 18, 2008; : January 01, CAGR Compounded Annual Growth Rate For performance of schemes managed by Nitish Gupta refer page no. 14, 16-21, 23, 24 For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, 19 AA+ AA* and are available for subscription as per the below details Inception Date: : 18/11/2008, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/Quarterly): 2 (two) installments of ` 100/-. 14

15 DHFL Pramerica Duration Fund (An Open Ended Income Scheme) Income over the short term Investment in debt and money market instruments Degree of risk MODERATE * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderate risk. Investment Objective: The objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved. Fund Manager: Mr. Kumaresh Ramakrishnan (Over 19 years of experience in Fixed Income markets as Fund Manager and Analyst) and Mr. Chandan Gehlot (Over 9 years of experience in Financial Services) Benchmark: CRISIL Liquid Fund Index Option: Dividend (Daily Reinvestment only, Regular, Weekly, Monthly, Quarterly & Annual - Reinvestment/Payout) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): Average Maturity: 0.60 yrs Modified Duration: 0.55 yrs Portfolio Yield: 9.61% Fund Manager s Report: The fund identifies and invests in short term credit opportunities and / or mispriced securities to generate 'alpha'. There was no change in positioning during the month. Average maturity increased marginally in the month. NAV Growth ` ` Daily Dividend ` ` Weekly Dividend ` ` Monthly Dividend ` ` Quarterly Dividend ` Annual Dividend ` ` Bonus ` Monthly Bonus ` ` Annual Bonus ` ` Load Structure : Entry Load: NA. Exit Load: Nil. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. Record Date MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 24-Sep Dec Mar ANNUAL DIVIDEND 26-Sept Mar Mar % to Net Rating Certificate Of Deposit 2.07 IDBI Bank Ltd CRISIL A1+ Yes Bank Ltd ICRA A1+ Commercial Paper Edelweiss Commodities Services 6.46 CRISIL A1+ Vedanta 6.44 CRISIL A1+ Bilt Graphic Paper Products Ltd 4.38 IND A1+ Piramal Enterprises Ltd (Formerly 3.25 ICRA A1+ Known As Piramal Health) Ballarpur Industries Ltd IND A1+ Steel Authority Of India Ltd IND A1+ S.D. Corporation Pvt Ltd CARE A1+(SO) JM Financial Products Ltd 1.21 ICRA A1+ Corporate Debt Bharat Aluminium Company 9.76 CRISIL A (Balco) Aspire Home Finance Corporation 7.72 CRISIL A+ Ltd (Motilal Oswal Group,Rating A+) Indiabulls Housing Finance Ltd CARE AAA Adani Ports And Special 6.55 ICRA AA+ Economic Zone Ltd. AU Housing Finance 3.95 IND A+ Janalakshmi Financial Services Pvt Ltd 3.93 A % to Net Rating HPCL - Mittal Energy 3.88 LAA-(SO) Religare Finvest 3.50 IND AA- Tata Teleservices Ltd CARE A Janalakshmi Financial Services 2.67 ICRA A- Pvt Ltd Sprit Textile Pvt Ltd 2.28 BRICK A+ (SO) Reliance Inceptum Private 2.00 BRICK AA+ (SO) Cholamandalam Investment And 1.07 ICRA LAA Finance Company Ltd India Infoline Finance 0.71 ICRA LAA Tata Power Co. Ltd ICRA LAA IDFC Bank 0.52 LAAA ECL Finance Ltd 0.47 CARE AA Tata Capital Financial Services 0.39 CRISIL AA+ Ltd Vizag General Cargo Berth Pvt Ltd 0.33 CRISIL AA-(SO) Religare Housing Development 0.29 IND AA- Finance Corporation Sunny View Estates Private 0.26 ICRA AA(SO) CBLO 0.17 Cash & Current 7.82 Asset Allocation Credit Quality Profile Corporate Debt Commercial Paper Cash & Current Certificate of Deposit CBLO AAA / A1+ * AA include securities rated as AA, AA- Fund CRISIL Liquid Fund Index^ CRISIL 1 Year T-Bill Index# - Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : June 22, 2007; : January 01, CAGR Compounded Annual Growth Rate For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, 19 AA+ AA* OTHER and are available for subscription as per the below details Inception Date: : 22/06/2007, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/Quarterly): 2 (two) installments of ` 100/-. 15

16 DHFL Pramerica Short Term Floating Rate Fund (An Open Ended Income Scheme) Rated AAAmfs by ICRA ## Income over the short term Investment in short term debt and money market instruments Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately low risk. Investment Objective: The objective of the scheme is to generate regular income through investment in a portfolio comprising primarily in short maturity floating rate debt/money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Fund Manager: Mr. Nitish Gupta (Over 20 years of experience in fund management, trading and research) Benchmark: CRISIL Short Term Bond Fund Index Option: Dividend (Daily Reinvestment only, Weekly, Monthly, Quarterly & Annual - Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): Average Maturity: 0.99 yrs Modified Duration: 0.90 yrs Portfolio Yield: 7.94% Fund Manager s Report: The fund is invested in a mix of March '17 maturity Bank CDs and partly in high quality (AAA) Corporate Bonds. The Fund Manager alters the mix based on relative attractiveness of money market holdings (CDs) vis-a-vis short term (2-3) high grade bonds. NAV Growth ` ` Daily Dividend ` ` Weekly Dividend ` ` Monthly Dividend ` ` Quarterly Dividend ` Annual Dividend ` Bonus ` ` Quarterly Bonus ` ` Annual Bonus ` ` Load Structure : Entry Load: NA. Exit Load: Nil. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. ## For rating methodology refer page no. 24 Record Date MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 26-Sept Dec Jun % to Net Rating Certificate Of Deposit IDBI Bank Ltd CRISIL A1+ Corporation Bank 9.42 CRISIL A1+ Canara Bank 9.41 CRISIL A1+ Small Industries Development Bank 9.41 CARE A1+ Of India Punjab And Sind Bank 6.26 ICRA A1+ Commercial Paper 0.62 Kotak Mahindra Investments 0.62 CRISIL A1+ Corporate Debt Dewan Housing Finance Corporation 8.50 CARE AAA Indiabulls Housing Finance Ltd CARE AAA and are available for subscription as per the below details 16 Housing Development Finance Corporation Ltd. % to Net Rating 6.67 CRISIL AAA HDB Financial Services 3.38 CARE AAA Toyoto Financial Services India 2.02 CRISIL AAA ICICI Home Finance Company Ltd 0.67 CARE AAA PSU Bonds Exim Bank 9.35 CRISIL AAA National Bank For Agriculture & Rural 8.03 CRISIL AAA Development Power Finance Corporation Ltd CRISIL AAA Steel Authority Of India Ltd CARE AA+ Cash & Current 1.42 Asset Allocation Credit Quality Profile Certificate of Deposit Period Corporate Debt PSU Bonds Cash & Current Commercial paper - Growth Option Inception Date: : 09/10/2009, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/Quarterly): 2 (two) installments of ` 100/-. Fund CRISIL Short Term Bond Fund Index CRISIL Liquid Fund Index ^ CRISIL 10 Year Gilt Index # Returns Returns Returns Returns 8 Mar 2016 to 31 Mar , , Mar 2015 to 03 Mar , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option AAA / A1+ 08 Mar 2016 to 31 Mar , , Mar 2015 to 03 Mar , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : October 09, 2009; : January 01, CAGR Compounded Annual Growth Rate Absolute Returns. ^ Scheme Benchmark. # Standard Benchmark. *Based on standard investment of ` 10,000 made at the beginning of the relevant period. Since Inception returns have been calculated from the date of inception till March 31, Past performance may or may not be sustained The benchmark has been changed from CRISIL Liquid Fund Index to CRISIL Short Term Bond Fund Index w.e.f. close of business hours of March 04, For performance of schemes managed by Nitish Gupta refer page no. 14, 16-21, 23, 24 AA

17 DHFL Pramerica Short Maturity Fund (An Open Ended Income Scheme) Rated AAAmfs by ICRA ## Income over the medium term Investment in short term debt and money market instruments Degree of risk MODERATE * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderate risk. Investment Objective: To generate steady returns with low volatility by investing in short/ medium term debt securities and money market instruments. Fund Manager: Mr. Nitish Gupta (Over 20 years of experience in fund management, trading and research) Benchmark: CRISIL Short Term Bond Fund Index Option: Dividend (Weekly, Monthly, Quarterly & Annual - Payout/ Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): 1, Monthly Average AUM (` in Cr): 1, AUM as on 29/04/2016 (` in Cr): 1, Average Maturity: 2.09 yrs Modified Duration: 1.58 yrs Portfolio Yield: 9.01% Fund Manager s Report: The fund slightly decreased duration during the month. The fund is invested in a mix of short term securities (Money Market) which offer liquidity and medium term corprate bonds which offer accrual. NAV Growth ` ` Weekly Dividend ` ` Monthly Dividend ` ` Quarterly Dividend ` Annual Dividend ` Bonus ` Half Yearly Bonus ` ` Annual Bonus ` ` Load Structure : Entry Load: NA. Exit Load: 0.75% if redeemed/ switched out within 6 months of allotment. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. ## For rating methodology refer page no. 24 Record Date MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 24-Sep Dec Mar ANNUAL DIVIDEND 26-Sept Mar Mar % to Net Rating GOI Securities Government Of India - Gilts SOV 8.40% 2024 Government Of India - Gilts SOV 7.88% % GOI Mat SOV PSU Bonds 5.81 National Bank For Agriculture & 4.35 CRISIL AAA Rural Development Power Finance Corporation Ltd CRISIL AAA Certificate Of Deposit State Bank Of Hyderabad 6.79 ICRA A1+ Bank Of Maharashtra 5.42 CRISIL A1+ Corporate Debt Vedanta 8.44 CRISIL AA- Reliance Infrastructure Ltd IND AA-(SO) Housing Development Finance Corporation Ltd CRISIL AAA Reliance Inceptum Private Dewan Housing Finance Corporation % to Net Rating 8.07 BRICK AA+ (SO) 7.23 CARE AAA Indiabulls Housing Finance Ltd CARE AAA ICICI Home Finance Company 3.06 ICRA AAA Ltd Bajaj Finance Ltd 2.91 IND AAA Hansdeep Industries & Trading 2.87 CARE AA(SO) Company Ltd SRF 2.52 IND AA LIC Housing Finance Ltd CRISIL AAA Magma Fincorp 0.92 ICRA LAA- Commercial Paper 9.34 Edelweiss Commodities Services 9.34 CRISIL A1+ CBLO 0.00 Cash & Current 3.80 Asset Allocation Credit Quality Profile Corporate Debt Certificate of Deposit GOI Securities Commercial Paper PSU Bonds Cash & Current Peformance 3.80 Fund * AA include securities rated as AA and AA- CRISIL Short Term Bond Fund Index^ CRISIL 10 Year Gilt Index# - Growth Option AAA / A1+ 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : January 21, 2003; : January 01, CAGR Compounded Annual Growth Rate For performance of schemes managed by Nitish Gupta refer page no. 14, 16-21, 23, 24 AA+ AA* SOVEREIGN and are available for subscription as per the below details Inception Date: : 21/01/2003, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: Minimum of ` 100/- and in multiples of ` 1/- thereafter or 0.1 unit or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/Quarterly): 2 (two) installments of ` 100/-. 17

18 DHFL Pramerica Banking and PSU Debt Fund (An Open Ended Income Scheme) Rated AAAmfs by ICRA ## Income over the short term Investment in debt instruments and money market instruments issued by Banks and Public Sector companies Degree of risk MODERATELY * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderately low risk. % to Net Rating % to Net Rating Investment Objective: To generate income and capital appreciation by investing in money market and debt instruments issued by banks and public sector Companies. Fund Manager: Mr. Nitish Gupta (Over 20 years of experience in fund management, trading and research) Benchmark: CRISIL Short Term Bond Fund Index Option: Dividend (Regular, Weekly, Monthly, Quarterly and Annual - Payout/Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): 1, Monthly Average AUM (` in Cr): 1, AUM as on 29/04/2016 (` in Cr): 1, Certificate Of Deposit State Bank Of Hyderabad 9.94 ICRA A1+ IDBI Bank Ltd CRISIL A1+ Canara Bank 3.98 CRISIL A1+ Commercial Paper 7.97 Housing Development Finance Corporation Ltd ICRA A1+ Corporate Debt 5.49 LIC Housing Finance Ltd CRISIL AAA GOI Securities % Tamil Nadu SDL Mat SOV PSU Bonds National Bank For Agriculture & Rural Development 9.75 CRISIL AAA Power Finance Corporation Ltd CRISIL AAA Rural Electrification Corporation Ltd CARE AAA Exim Bank 8.05 CRISIL AAA Small Industries Development Bank Of India 4.26 CARE AAA National Housing Bank 4.24 CRISIL AAA Power Grid Corporation Of India Ltd CRISIL AAA CBLO 0.01 Cash & Current Average Maturity: 2.29 yrs Modified Duration: 1.86 yrs Portfolio Yield: 7.68% Asset Allocation Credit Quality Profile Fund Manager s Report: The fund is invested in shorter tenor high quality corporate bonds. The fund slightly decreased duration during the month. PSU Bonds Certificate of Deposit AAA / A1+ SOVEREIGN NAV Growth ` ` Monthly Dividend ` ` Weekly Dividend ` Quarterly Dividend ` ` Bonus ` ` Quarterly Bonus ` ` Cash & Current Commercial paper GOI Securities Corporate Debt CBLO Load Structure : Entry Load: NA. Exit Load: Nil. No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. Fund CRISIL Short Term Bond Index ^ CRISIL 10 Year Gilt Index # ## For rating methodology refer page no Growth Option 31 Mar 2015 to 31 Mar , , , Record Date MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 24-Sep Dec Mar Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : March 11, 2013; : March 11, CAGR Compounded Annual Growth Rate For performance of schemes managed by Nitish Gupta refer page no. 14, 16-21, 23, 24 and are available for subscription as per the below details Inception Date: : 11/03/2013, : 11/03/2013 Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: ` 100/- and in multiples of ` 1/- thereafter or 0.1 units or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/ Quarterly): 2 (two) installments of ` 100/-. 18

19 DHFL Pramerica Credit Opportunities Fund (An Open Ended Income Scheme) Income and capital appreciation over medium to long term Investment predominantly in corporate bonds of various maturities and across ratings Degree of risk MODERATE * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderate risk. % to Net Rating % to Net Rating Corporate Debt Sprit Textile Pvt Ltd 3.41 BRICK A+ (SO) Reliance Big Entertainment Private Hansdeep Industries & Trading Company Ltd 9.76 BRICK AA+ (SO) 9.71 CARE AA(SO) India Infoline Finance 3.07 ICRA LAA Aspire Home Finance Corporation Ltd (Motilal Oswal Group,Rating A+) 2.36 CRISIL A+ Investment Objective: The investment objective of the Scheme is to generate income and capital appreciation by investing predominantly in corporate debt. There can be no assurance that the investment objective of the Scheme will be realized. Fund Manager: Mr. Nitish Gupta (Over 20 years of experience in fund management, trading and research) and Mr. Kumaresh Ramakrishnan (Over 19 years of experience in Fixed Income market as Fund Manager and Analyst) Benchmark: CRISIL Short Term Bond Fund Index Option: Dividend (Regular, Monthly, Quarterly & Annual - Payout/ Reinvestment) and Growth. Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): Average Maturity: 2.19 yrs Modified Duration: 1.77 yrs Portfolio Yield: 10.51% Fund Manager s Report: The fund is invested in Corporate bonds of 2-4 years average maturity predominantly in the AA segment. Vedanta 9.51 CRISIL AA- Peninsula Land Ltd 6.61 LA RKN Retail Pvt 5.79 A-(SO) Oriental Hotels 5.59 CARE A+ Business Broadcast News Holdings 5.02 CARE AAA Reliance Infrastructure Ltd IND AA-(SO) ECL Finance Ltd 4.93 ICRA AA AU Financiers (India) 4.93 A+(IND) AU Housing Finance 3.94 IND A+ Janalakshmi Financial Services Pvt Ltd Dewan Housing Finance Corporation 3.92 A 3.73 CARE AAA Mahindra Lifespace Developers Janalakshmi Financial Services Pvt Ltd 2.19 CRISIL AA ICRA A- Reliance Jio Infocomm 0.99 CRISIL AAA Edelweiss Housing Finance 0.69 CARE AA(SO) AU Financiers (India) 0.39 IND A+ PSU Bonds 0.20 Gail (India) Ltd CARE AAA CBLO 0.39 Cash & Current 6.87 NAV Growth ` ` Regular Dividend ` ` Monthly Dividend ` Quarterly Dividend ` ` Annual Dividend ` ` Asset Allocation Credit Quality Profile Corporate Debt AAA / A Cash & Current 6.87 AA Load Structure : Entry Load: NA. Exit Load: 1% if the investor redeems within 1 year from the date of allotment of units. CBLO 0.39 AA* No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. PSU Bonds 0.20 OTHER * AA include securities rated as AA and AA Record Date REGULAR DIVIDEND 27-Mar Mar MONTHLY DIVIDEND 26-Feb Mar Apr QUARTERLY DIVIDEND 24-Sep Dec Mar Fund CRISIL Short Term Bond Fund Index^ CRISIL 10 Year Gilt Index# - Growth Option 31 Mar 2015 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Since Inception (CAGR) , , , Date of Inception: : September 29, 2014; : September 29, CAGR Compounded Annual Growth Rate For performance of schemes managed by Kumaresh Ramakrishnan refer page no. 8-11, 13-15, 19 For performance of schemes managed by Nitish Gupta refer page no. 14, 16-21, 23, 24 and are available for subscription as per the below details Inception Date: : 29/09/2014, : 29/09/2014. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: ` 100/- and in multiples of ` 1/- thereafter or 0.1 units or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/ Quarterly): 2 (two) installments of ` 100/-. 19

20 DHFL Pramerica Dynamic Bond Fund (An Open Ended Income Scheme) Rated AAAmfs by ICRA ## Regular income for short term. To generate optimal returns through active management of a portfolio of debt and money market instruments. Degree of risk MODERATE * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. investors understand that their principal will be at moderate risk. % to Net Rating % to Net Rating GOI Securities Government Of India - Gilts % SOV Government Of India - Gilts % CBLO SOV Investment Objective: The objective of the Scheme is to generate optimal returns through active management of a portfolio of debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Government Of India - Gilt- 7.73% Government Of India - Gilts % SOV SOV Cash & Current Fund Manager: Mr. Nitish Gupta (Over 20 years of experience in fund management, trading and research) Benchmark: CRISIL Composite Bond Fund Index Asset Allocation Credit Quality Profile Option: Dividend (Monthly and Quarterly - Payout/Reinvestment) and Growth. GOI Securities AAA / A Quarterly (Jan-Mar 2016) Average AUM (` in Cr): Cash & Current SOVEREIGN Monthly Average AUM (` in Cr): AUM as on 29/04/2016 (` in Cr): CBLO 2.01 Average Maturity: 8.53 yrs Modified Duration: 5.13 yrs Portfolio Yield: 7.17% Fund Manager s Report: The fund is invested in medium/long term GOI securities. The fund reduced duration during the month. NAV Growth ` ` Monthly Dividend ` ` Quarterly Dividend ` ` Bonus ` Load Structure : Entry Load: NA. Exit Load: If the units are redeemed/switch-out on or before 30 days of allotment 1%; If the units are redeemed/switch-out after 30 days Nil No exit load will be charged for switches and STP from any scheme to the equity schemes of DPMF (except DHFL Pramerica Arbitrage Fund). Further, exit load as per prevailing structure will be charged for switches and STP from one debt scheme to another debt scheme of DPMF. ## For rating methodology refer page no. 24 Fund CRISIL Composite Bond Fund Index^ CRISIL 10 Year Gilt Index# - Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Since Inception (CAGR) , , , Growth Option 31 Mar 2015 to 31 Mar , , , Mar 2014 to 31 Mar , , , Mar 2013 to 31 Mar , , , Record Date MONTHLY DIVIDEND 26-Oct Mar Apr QUARTERLY DIVIDEND 28-Sep Dec Mar Since Inception (CAGR) , , , Date of Inception: : January 12, 2012; : January 01, CAGR Compounded Annual Growth Rate For performance of schemes managed by Nitish Gupta refer page no. 14, 16-21, 23, 24 # On face value of ` Post Dividend per unit NAV will fall to the extent of the payout and applicable tax/surcharges/cess/ other statutory levies. Dividend distribution is subject to availability of distributable surplus. Past may or may not be sustained and are available for subscription as per the below details Inception Date: : 12/01/2012, : 01/01/2013. Application Amount: ` 5000/- and in multiples of ` 1/- thereafter. Additional Purchase Amount: Minimum of ` 1000/- and in multiples of ` 1/- thereafter or 100 units. Repurchase / Redemption Amount: ` 100/- and in multiples of ` 1/- thereafter or 0.1 units or account balance, whichever is lower. SIP/STP/SWP: Available. Investment Amount for SIP/STP/SWP: SIP/STP: Monthly: 10 installments of ` 500/- each and in multiples of ` 100/- thereafter. Quarterly: 5 installments of ` 1000/- each and in multiples of ` 100/- thereafter. SWP (Monthly/ Quarterly): 2 (two) installments of ` 100/-. 20