with the World s Best Performing Equity Fund. Past performance is no guarantee of future results.

Transcription

1 M a r c h 2 1 Save Tax with the World s Best Performing Equity Fund. Ranked by Lipper for 13 year performance Ranked no.1out of 36 schemes in Equity funds category as per Lipper global fund data. Ranking based on annualised return for 13yr period from 3 Sept 96 to 3 Sept 9. Data Source:Lipper, a Thomson Reuters Co.( Past performance is no guarantee of future results. Birla Sun Life Tax Relief 96 An Open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years For Lipper world ranks for 1yr, 5 yrs, 1yrs & 13 yrs Time Periods ended Sept'9 and lipper Ranking Methodology and Disclaimer refer page 51 Call / (toll-free) Visit sms AIM to Mutual Fund investments are subject to market risks. Please read the Statement of Additional Information / Scheme Information Document carefully before investing.

2 M a r c h 2 1 Index CEO LETTER OUTLOOK....4 SAVINGS SOLUTIONS Birla Sun Life Cash Plus Birla Sun Life Cash Manager...6 Birla Sun Life Savings Fund Birla Sun Life Short Term Fund Birla Sun Life Dynamic Bond Fund....9 Birla Sun Life Medium Term Plan...1 Birla Sun Life Income Plus Birla Sun Life Income Fund Birla Sun Life Floating Rate - Short Term Plan Birla Sun Life Gilt Plus Birla Sun Life Government Securities Fund REGULAR INCOME SOLUTIONS Birla Sun Life Monthly Income Birla Sun Life MIP...17 Birla Sun Life MIP II - Wealth 25 Plan...18 Birla Sun Life MIP II - Savings 5 Plan TAX SAVINGS SOLUTIONS Birla Sun Life Tax Relief ' Birla Sun Life Tax Plan...21 WEALTH CREATION SOLUTIONS Birla Sun Life Equity Fund Birla Sun Life Advantage Fund Birla Sun Life cap Fund Birla Sun Life Frontline Equity Fund...25 Birla Sun Life Infrastructure Fund...26 Birla Sun Life Basic Industries Fund Birla Sun Life India Gennext Fund Birla Sun Life New Millennium Fund Birla Sun Life Top 1 Fund Birla Sun Life Buy India Fund...31 Birla Sun Life MNC Fund Birla Sun Life Index Fund...33 Birla Sun Life India Opportunities Fund...34 Birla Sun Life Dividend Yield Plus Birla Sun Life 95 Fund Birla Sun Life Freedom Fund Birla Sun Life Asset Allocation Fund Birla Sun Life Special Situations Fund Birla Sun Life Commodity Equities Fund...4 Birla Sun Life International Equity Fund - Plan A Birla Sun Life International Equity Fund - Plan B Birla Sun Life Pure Value Fund Birla Sun Life Long Term Advantage Fund Birla Sun Life Long Term Advantage Fund Series DIVIDEND HISTORY ASSET ALLOCATION GUIDE OUR COVERAGE....5 METHODOLOGY OF RANKING

3 M a r c h 2 1 Dear Friend, The keenly awaited Union Budget for FY11 has provided a positive boost to market sentiment by revealing the government's intent on maintaining India's higher growth trajectory. The Union Budget clearly focuses on the fiscal stability and the overall growth of the economy. It is a well balanced budget addressing the current need for maintaining growth momentum, revenue collection and expenditure control. Despite of fiscal situation, the budget is bold enough to give away benefits to the middle class salary earners. This will not only improve the overall savings rate but will also improve the consumption demand. From the medium-term perspective, the time-bound aim to reduce fiscal deficit and public debt as a percentage of GDP boosts the chances of raising the country's sovereign ratings. Such fiscal consolidation would be important in supporting growth, as it would keep interest rates under control. We feel that the budget is very positive from the market's point of view and there is good balance between increasing consumption and maintaining fiscal prudence. If the government stays the course, equity valuations will look reasonable. On top of it each time the budget is being presented, everyone keeps a closer watch on the direction for the economy over and above revenue/expenditure table. This time too, the budget has clearly highlighted the roadmap in implementing Good Service Tax (GST) way and mean, to redeem over all Debt/GDP ratio (nothing but government debt grade) and increase tax to GDP ratio. This signal and action plan would help the economy to grow and sustain for medium and long term. To sum up, it is a nice budget focusing on maintaining growth and focus in fiscal consolidation. As always, Birla Sun Life Mutual Fund will remain at the forefront with its wide array of schemes giving investors the right wealth-creation avenues in this dynamic economy of ours. Happy investing! Warm Regards, A. Balasubramanian Chief Executive Officer

4 M a r c h 2 1 Outlook Equity Outlook Adopting a balanced stance Muted pre-budget expectations, no major negatives and an emphasis on fiscal consolidation by the finance minister, Pranab Mukherjee, relieved market worries which has manifested in a post budget relief rally. While overall the budget has done a reasonable balancing act, there was a lack of any major reforms being undertaken in the budget, given that only one state goes to polls this year. The government has laid out a medium term plan for fiscal consolidation, aiming to reduce the deficit to 4.8% in FY12, and to 4.1% in FY13. In addition, the Finance Minister also proposed to bring out, within six months, a status paper giving a detailed analysis of the situation and a road map for curtailing the overall public debt. This would be followed by an annual report on the subject. These steps create positive environment for long-term portfolio flows into the country as foreign investors find comfort with the macro parameters. This has assumed heightened importance after a recent spate of unpleasant consequences of fiscal imprudence in some countries like Greece, Spain, and Portugal etc. In the budget speech, the Finance Minister also confirmed government's commitment to tax reforms by planning to implement the nationwide goods and services tax (GST) system from April 1, 211 along with the new Direct Tax Code. These are again significant steps towards simplifying tax legislation in the country and thereby reducing compliance burden on businesses. The pros and cons. The proposed income tax slab changes would result in more disposable income in the hands of consumers (both urban and rural) which should stimulate discretionary consumption. Infrastructure sector has been kept in focus with an allocation of Rs 1.73 lakh crore to the sector. Continuation of sops for real estate, extension of 1% interest subsidy for affordable housing bode well for low end housing demand. While the budget has been neutral to most other sectors, there are some clear negatives for real estate and refining companies. Imposition of service tax on commercial renting and on construction services would hurt large companies in the sector. Restoration of 5% customs duty on crude oil imports and 7.5% customs duty on petrol & diesel and increase in excise duty of Re. 1/litre on petrol and diesel would hurt refineries negatively and specially so for already bleeding OMCs. Going forward. Markets have taken much of this in their stride and in the near term its focus would again shift to factors like: I) Global markets which are still jittery on the back of the shaky recovery and increased risk aversion following the sovereign debt impasse in some European countries. ii) Domestic inflation: the budgetary actions by way of increase in excise and customs duty, fuel price hike and widening of service net will lead to inflation moving up sharply in the near-term. iii) New equity issuances: The PSU divestment target for FY11 is higher at Rs. 4, Crs. Despite some near term headwinds, we remain positive on market for medium to long-term and expect market outperformance in the second half of CY1 as inflation eases and earnings growth gathers momentum. Debt Outlook Yields surged ahead of Budget... Bogged down by worries on inflation, monetary policy and a potential glut of government borrowing in FY11, the 1-year benchmark yield rose to 7.86%, from 7.58%. The yield was earlier settled in a 7.5%-7.7% range for over a 2- month period. Bonds reacted negatively to December 29 industrial production growth (IIP) of 16.8% y-o-y and January 21 headline WPI inflation rate of 8.56% y-o-y. Inflation crossed the RBI projection for the year-end. The budget aimed at a gross borrowing of Rs 4,57, crore, 1.33% more than this fiscal and a net borrowing of Rs 3,45,1 crore, broadly in line with the market expectations. If achieved, this would be the first time in five year that net borrowing would see a year-on-year drop. Finance Minister also accepted most of the recommendations of Thirteenth Finance Commission which aims to bring down the fiscal deficit in FY11 to 5.5% of GDP from 6.8% in FY1. Further, it could be reduced to 4.8% in FY12 and to 4.1% in FY13. The budget indicates that consolidated public debt would be reduced to 68% of GDP from 76% over four years. Budget reaffirmed the belief in the economic recovery with the partial roll-back of excise duty cut and expansion of the service tax net, raising the tax collection figures for the coming fiscal. Such measures are estimated to boost revenue by around Rs 46,5 crore, making up for the estimated loss of Rs 26, crore due to the change in the slabs of personal rates of income tax. By bringing fertiliser and fuel subsidies into its purview, the budget also advertised its intent on tackling the fiscal deficit. Red flag stays on inflation... While the budget has tried to balance the roll back of stimulus with growth, the spectre of inflation has grown. The central excise duty on motor fuels plus the reimposition of duties on the fuels and on crude oil has already resulted in the hike in retail prices of petrol (+6%) and diesel (+7.8%). Sectors like auto and cement have raised prices to pass on the impact of higher duties on the consumer. On us on management of borrowing... The majority of the borrowing is likely to be in the first half of the year and bond supply of around Rs 12, crore to Rs 15, crore can be expected every week. Bonds will feel the constant pressure as the outflows start in April, the same month that has the monetary and credit policy due. The onus now shifts on to the RBI which has already effected an estimated Rs 36, crore reduction in surplus cash through.75% CRR hike in February. This has brought down the surplus cash in the system to roughly Rs 7, crore and the next challenge the liquidity scenario will face is the advance tax outflows this month. General consensus estimates peg the outflows to overshadow the Rs 45, crore paid for the last quarter. Although, these payments make their way back into the system within a few weeks, any possibility of unexpected revenue shortfall will be watched carefully as the fiscal winds down to a close. Our Investment Team (In alphabetical order) Achala Kanitkar Ajay Argal Ajay Garg Ankit Sancheti Atul Penkar Chanchal Khandelwal Hemang Dagli Research Analyst : Equity Co-Head : Equity Fund Manager : Equity Fund Manager/ Research Analyst : Equity Fund Manager/ Research Analyst : Equity Research Analyst : Equity Sr. Equity Dealer / Fund Manager Kaustubh Gupta Lokesh Mallya Mahesh Patil Maneesh Dangi Merlyn Joseph Nishit Dholakia Paresh Khandelwal Fund Manager / Dealer : Fixed Income Prasad Dhonde Fund Manager / Dealer : Fixed Income Fund Manager / Research Analyst : Fixed Income Rohit Murarka Research Analyst : Fixed Income Co-Head : Equity Sanjay Chawla Fund Manager : Equity Head : Fixed Income Satyabrata Mohanty Head : Mixed Research Analyst : Equity Shaktie Prakash Fund Manager / Dealer : Fixed Income Fund Manager / Research Analyst : Equity Sujit Patki Dealer : Equity Sunaina Da cunha Fund Manager / Research Analyst : Fixed Income Research Analyst : Equity Vineet Maloo Fund Manager/ Research Analyst : Equity 4

5 Savings Birla Sun Life Cash Plus Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. Rating Profile Low Fund Manager : Mr. Prasad Dhonde & Ms. Sunaina Da Cunha Managing Fund Since : June 18, 29 Total Experience : 11 years & 6 years Date of inception : June 16, 1997 Nature of the scheme : An Open-ended Liquid Scheme Default option : Appln of less than Rs. 1 cr - Retail Plan - Dividend Reinvestment Appln of equal to or greater than Rs. 1 cr but less than Rs. 5 cr - Institutional Plan - Daily Dividend Reinvestment Appln of equal to or greater than Rs. 5 cr - Institutional Premium Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : Rs. 1/- Additional Purchase : Rs. 1/- Institutional Plan Fresh Purchase : Rs. 1 Crore Additional Purchase : Rs. 1 Lac Institutional Premium Plan Fresh Purchase : Rs. 5 Crore Additional Purchase : Rs. 1 Lac For Discipline Advantage : The sum of transfer amounts as ++ Plan per the frequency opted or Rs. 1,/- whichever is greater. Redemption Cheques : Within 1 working days Systematic Investment : Not Available days 1 Month 3 Months Since Inception Birla Sun Life Cash Plus - Retail - Growth CRISIL Liquid Fund Index Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Rating Money Market Instruments 7.73 Indian Bank 1.9 P1+ Canara Bank 1.53 P1+ Central Bank of India 9.45 A1+ United Bank Of India 8.95 A1+ ICICI Bank Ltd. 8.3 A1+ Punjab National Bank 4.68 PR1+ Corporation Bank 3.56 P1+ UCO Bank Ltd P1+ State Bank of Hyderabad 2.62 A1+ Punjab and Sind Bank 2.52 A1+ AAA Cash & Current 29.27% Rating Reliance Industries Ltd PR1+ Andhra Bank 1.55 F1+ Federal Bank Ltd..94 P1+ Bank Of India.62 P1+ Syndicate Bank.47 PR1+ Steel Authority of India Ltd..47 PR1+ Cash & Current Total Net % Plans / Options & NAV (As on February 26, 21) Retail Plan Growth : Daily Dividend : (Reinvestment) Institutional Plan Growth : Daily Dividend : (Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Weekly Dividend : (Payout & Reinvestment) Institutional Premium Plan Growth : Daily Dividend : (Payout & Reinvestment) Fortnightly Dividend : 1. (Payout & Reinvestment) Weekly Dividend : (Payout & Reinvestment) Monthly Dividend : 1. (Payout & Reinvestment) Discipline Advantage plan : (w.e.f June 22, 29) Benchmark : CRISIL Liquid Fund Index Average AUM : Rs. 6, Crores Load Structure Exit Load : Nil Average Maturity :.6 Years Yield to Maturity : 4.% Mark to Market : - Standard Deviation Retail Plan :.25% Institutional Plan :.28% Institutional Premium Plan :.28% CRISIL~CPR 2^^ Birla Sun Life Cash Plus - Institutional Plan Liquid Institutional (12 Schemes), 1yr ended 31-Dec-9 CRISIL~CPR 2^^ Birla Sun Life Cash Plus - Institutional Premium Plan Liquid Super Institutional (16 Schemes), 1yr ended 31-Dec-9 CRISIL~CPR 2^^ Birla Sun Life Cash Plus - Retail Plan Consistent CPR Performer - Liquid (16 Schemes), 5 Yrs ended 31-Dec-9 Value Research Rating Birla Sun Life Cash Plus - Institutional Premium Plan Ultra Short Term Institutional (48 Schemes), 18 months & 3 years ended 28-Feb-1 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer ++ For further details on the Discipline Advantage Plan please refer to addendum dated June 18, 29 & July 16, 29 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 +The grading has been assigned by ICRA and indicates highest quality. The investment quality is similar to that of fixed income obligations of highest safety and with maturity corresponding upto 1 year. This grading should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. 5

6 Savings Birla Sun Life Cash Manager Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An open-ended liquid scheme with the objective to provide current income which is consistent with a portfolio that offers investors superior liquidity by investing 1% in a diversified portfolio of debt (Fixed Income) and money market securities. Rating Profile Low Fund Manager : Mr. Prasad Dhonde & Ms. Sunaina Da Cunha Managing Fund Since : June 18, 29 Total Experience : 11 years & 6 years Date of inception : May 14, 1998 Nature of the scheme : An Open-ended Liquid Scheme Default option : Appln of less than Rs. 1 cr - Weekly Dividend Reinvestment. Appln of equal to or greater than Rs. 1 cr - Institutional Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : Rs. 1/- Additional Purchase : Rs. 1/- Institutional Plan Fresh Purchase : Rs. 1 Crore Additional Purchase : Rs. 1 Lac Redemption Cheques : Within 1 working days Systematic Investment : Not Available days 1 Month 3 Months Since Inception Birla Sun Life Cash Manager-Growth CRISIL Liquid Fund Index Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Rating Treasury Bills Days T - Bill 25 Mar Sovereign Money Market Instruments Federal Bank Ltd. 7.4 P1+ Punjab National Bank 7.3 PR1+ United Bank of India 5.6 A1+ Central Bank of India 4.3 A1+ ING Vysya Bank Ltd. 3.2 P1+ State Bank of Travancore 3.1 P1+ Sovereign AAA Cash & Current 12.1% Rating Indian Bank 2.22 P1+ ICICI Bank Ltd. 2.2 A1+ Punjab and Sind Bank 1.82 A1+ HDFC Bank Ltd P1+ State Bank of Patiala 1.1 P1+ Cash & Current 12.1 Total Net % 5.5% Plans / Options & NAV (As on February 26, 21) Retail Plan Growth : Weekly Dividend : 1.41 (Reinvestment) Institutional Plan Growth : Daily Dividend : 1.3 (Reinvestment) Weekly Dividend : 1.43 (Reinvestment) Benchmark : CRISIL Liquid Fund Index Average AUM : Rs Crores Load Structure Exit Load : Nil Average Maturity :.7 Years Yield to Maturity : 4.1% Mark to Market : - Standard Deviation Retail Plan :.29% Institutional Plan :.29% CRISIL~CPR 1^^ Birla Sun Life Cash Manager - Retail Plan Liquid (28 Schemes), 1yr ended 31-Dec-9 CRISIL~CPR 1^^ Birla Sun Life Cash Manager - Institutional Plan Liquid Institutional (12 Schemes), 1yr ended 31-Dec-9 Value Research Rating Birla Sun Life Cash Manager - Retail Plan Debt: Ultra Short Term (4 Schemes), 18 months & 3 years ended 28-Feb-1 Value Research Rating Birla Sun Life Cash Manager - Institutional Plan Debt: Ultra Short Term Institutional (48 Schemes), 18 months & 3 years ended 28-Feb-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer 6

7 Savings Birla Sun Life Savings Fund As on February 28, 21 Credit Quality High Med Low Interest Rate Sensitivity High Low Fund Manager : Mr. Maneesh Dangi Managing Fund Since : June 18, 29 Total Experience : 1 years Date of inception Retail Plan : November 27, 21 Institutional Plan : April 16, 23 Nature of the scheme : An Open-ended Short Term Income Scheme Default option : Appln of less than Rs. 1 cr - Retail Plan - Weekly Dividend Reinvestment Appln of equal to or greater than Rs. 1 cr - Institutional Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : Rs. 1/- Additional Purchase : Rs. 1/- Institutional Plan Fresh Purchase : Rs. 1 Crore Additional Purchase : Rs. 1 Lac For Discipline Advantage : The sum of transfer amounts as ++ Plan per the frequency opted or Rs. 1,/- whichever is greater. Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Retail Plan Growth : Daily Dividend : 1.68 (Reinvestment) Weekly Dividend : 1.77 (Payout & Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Institutional Plan Growth : Daily Dividend : 1.68 (Reinvestment) Weekly Dividend : 1.88 (Payout & Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Discipline Advantage Plan : (w.e.f June 22, 29) Benchmark : CRISIL Short-Term Bond Fund Index Average AUM : Rs. 29,897.3 Crores Load Structure (Incl. for SIP) Exit Load : Nil Average Maturity :.24 Years Yield to Maturity : 4.75% Mark to Market : 2% Standard Deviation Retail Plan :.27% Institutional Plan :.25% Birla Sun Life Savings Fund - Retail Growth CRISIL Short-Term Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will undernormal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents. Rating Money Market Instruments ICICI Bank Ltd A1+ Punjab National Bank 4.83 PR1+ NABARD 4.36 P1+ Canara Bank 4.24 P1+ United Bank of India 3.38 A1+ State Bank of Patiala 3.17 P1+ Central Bank of India 2.73 PR1+ Andhra Bank 2.36 PR1+ Bank of Baroda 1.93 A1+ Reliance Capital Ltd A1+ Syndicate Bank 1.51 PR1+ Reliance Communication Ltd PR1+ Andhra Bank 1.43 F1+ ONGC Videsh Ltd P1+ State Bank of Travancore 1.22 P1+ IDBI Bank Ltd. 1.3 A1+ Reliance Communication Ltd..88 A1+ Federal Bank Ltd..87 P1+ State Bank of Mysore.75 A1+ State Bank of Patiala.74 A1+ Kotak Mahindra Bank Ltd..74 P1+ State Bank of Hyderabad.65 A1+ South Indian Bank.63 PR1+ UCO Bank.62 P1+ Indian Bank.57 P1+ IDBI Bank Ltd..57 P1+ HDFC Ltd..47 A1+ Standard Chartered Bank.47 P1+ Rural Electrification Corporation Ltd..41 PR1+ Dena Bank.38 P1+ Oriental Bank of Commerce.37 P1+ ING Vysya Bank Ltd..33 P1+ L&T Finance Limited..28 PR1+ Punjab and Sind Bank.25 A1+ Small Industries Development Bank of India.19 PR1+ Kotak Mahindra Prime Ltd..19 P1+ State Bank of Bikaner and Jaipur.19 P1+ L&T Infrastructure Finance Co. Ltd..18 A1+ Yes Bank Limited.11 A1+ Corporation Bank.9 P1+ State Bank of Travancore.6 A1+ Punjab and Sind Bank.5 P1+ Bajaj Auto Finance Ltd..4 P1+ Cash & Current Sovereign Rating Profile Rating Central Bank of India.2 A1+ Floating Rate Instruments 4.66 HDFC Ltd AAA HDFC Ltd..63 LAAA UltraTech Cement Ltd..57 AAA Tata Steel Limited.57 AA CitiFinancial Consumer Finance India Ltd.38 AA Tata Sons Ltd..34 AAA IDFC Ltd..29 LAA+ Indian Railway Finance Corporation Ltd..18 AAA Power Finance Corporation Ltd..11 AAA ICICI Bank Ltd..9 AAA Securitised Debt 2.96 Indian Oil Corporation Ltd.** 1.71 F1+(SO) Tata Capital Ltd.** 1.14 CARE AA+(SO) Power Finance Corporation Ltd.**.9 AAA(SO) NTPC Ltd.**.1 AAA(SO) Indian Retail Absolute Trust** AAA(SO) Corporate Debt 2.68 HDFC Ltd.** 1.28 AAA LIC Housing Finance Ltd.**.72 AAA CitiFinancial Consumer Finance India Ltd.**.31 AA ICICI Home Finance Company Ltd.**.13 LAAA Tata Sons Ltd.**.12 AAA Kotak Mahindra Prime Ltd.**.1 LAA Bajaj Auto Finance Ltd.**.2 AA+ Treasury Bills Days T - Bill 3 Apr Sovereign 91 Days T - Bill 25 Mar 1.95 Sovereign PSU/PFI Bonds/Banks.11 Rural Electrification Corporation Ltd.**.4 AAA NABARD**.4 AAA Power Finance Corporation Ltd.**.2 AAA IDFC Ltd.** AA+ Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities.total Percentage of thinly/non traded securities is 5.74 %. Indicates less than.1 AAA AA 2.81% 2.5% 33.69% 61.46% CRISIL~CPR 1^^ Birla Sun Life Savings Fund - Retail Plan Ultra Short Term Debt Scheme (34 Schemes), 1yr ended 31-Dec-9 CRISIL~CPR 1^^ Birla Sun Life Savings Fund - Institutional Plan Ultra Short Term Debt Scheme - Institutional (26 Schemes), 1yr ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer ++ For further details on the Discipline Advantage Plan please refer to addendum dated June 18, 29 & July 16, 29 7

8 Savings Birla Sun Life Short Term Fund Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An open-ended short term income scheme with the objective to generate income and capital appreciation by investing 1% of the corpus in a diversified portfolio of debt and money market securities with relatively low levels of interest rate risk. Low Fund Manager : Mr. Kaustubh Gupta & Mr. Lokesh Mallya Managing Fund Since : September 29, 29 Total Experience : 5 years & 4 years Date of inception : April 19, 22 Nature of the scheme : An Open-ended Short Term Income Scheme Default option : Appln of less than Rs. 2 cr - Retail Plan - Fortnightly Dividend Reinvestment Appln of equal to or greater than Rs. 2 cr - Institutional Plan - Fortnightly Dividend Reinvestment Retail Plan Fresh Purchase : Rs. 1/- Additional Purchase : Rs. 1/- Institutional Plan Fresh Purchase : Rs. 2 Crore Additional Purchase : Rs. 1/- For Discipline Advantage : The sum of transfer amounts as ++ Plan per the frequency opted or Rs. 1,/- whichever is greater. Redemption Cheques : Within 1 working days Birla Sun Life Short Term Fund - Retail Plan - Growth CRISIL Short-Term Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Money Market Instruments IDBI Bank Ltd A1+ NABARD 8.29 P1+ Bank of Baroda 8.25 A1+ Punjab and Sind Bank 7.81 P1+ Vijaya Bank 6.99 PR1+ UCO Bank 5.52 P1+ State Bank of Patiala 5.39 P1+ State Bank of Hyderabad 4.98 A1+ Corporation Bank 4.59 P1+ State Bank of Mysore 4.47 A1+ AAA Cash & Current Rating Profile 2.43% Rating Allahabad Bank 3.5 A1+ United Bank of India 3.35 A1+ Andhra Bank 2.39 F1+ State Bank of Travancore 2.37 A1+ Punjab National Bank 1.82 PR1+ Syndicate Bank.92 PR1+ Cash & Current 2.43 Total Net % Plans / Options & NAV (As on February 26, 21) Retail Plan Growth : Daily Dividend : 1.55 (Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Institutional Plan Growth : Daily Dividend : 1.55 (Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Discipline Advantage Plan : (w.e.f. June 22, 29) Benchmark : CRISIL Short-Term Bond Fund Index Average AUM : Rs. 2, Crores Load Structure (Incl. for SIP) (w.e.f. March 8, 21) Exit Load** : For redemption/switch-out of units within 15 days from the date of :.25% of applicable NAV. **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.17 Years Yield to Maturity : 4.75% Mark to Market : - Standard Deviation :.26% CRISIL~CPR 1^^ Birla Sun Life Short Term Fund - Retail Plan Debt: Short Term Schemes (23 Schemes), 1 Yr ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. ++ For further details on the Discipline Advantage Plan please refer to addendum dated June 18, 29 & July 16, 29. 8

9 Savings Birla Sun Life Dynamic Bond Fund Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments. Low Fund Manager : Mr. Maneesh Dangi Managing Fund Since : June 18, 29 Total Experience : 1 years Date of inception : September 27, 24 Nature of the scheme : An Open-ended Income Scheme Default option : Quarterly Dividend Reinvestment Retail Monthly Dividend Sweep Option Fresh Purchase : Rs. 5 lacs Additional Purchase : Rs. 1/- For Other Option Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- For Discipline Advantage : The sum of transfer amounts as ++ Plan per the frequency opted or Rs. 1,/- whichever is greater. Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Retail Growth : Retail Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Retail Monthly Dividend : (Payout, Reinvestment & Sweep Option) Retail Monthly Dividend sweep option also available (w.e.f Jan 12, 29) Discipline Advantage Plan : (w.e.f Mar 3, 29) Benchmark : CRISIL Composite Bond Fund Index Average AUM : Rs. 6,77.4 Crores Load Structure (Incl. for SIP) Exit Load** : For redemption/switch-out of units within 18 days from the date of :.5% of applicable NAV. **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.79 Years Modified Duration :.75 Years Yield to Maturity : 6.5% Mark to Market : 34% Standard Deviation : 1.69% Birla Sun Life DBF - Retail - Growth Crisil Composite Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Money Market Instruments 43.8 Kotak Mahindra Bank Ltd P1+ IDBI Bank Ltd A1+ State Bank of Hyderabad 5.99 A1+ State Bank of Travancore 4.1 P1+ ICICI Bank Ltd A1+ UCO Bank 3.2 P1+ Corporation Bank 2.71 P1+ Oriental Bank of Commerce 2.64 P1+ Punjab National Bank 1.71 PR1+ State Bank of Bikaner and Jaipur 1.5 P1+ Punjab and Sind Bank 1.15 P1+ HDFC Ltd..52 A1+ Canara Bank.34 P1+ Syndicate Bank.15 PR1+ Corporate Debt HDFC Ltd.** 5.45 AAA Tata Sons Ltd.** 3.96 AAA HDFC Ltd.** 2.84 AAA Aditya Birla Nuvo Ltd.** 1.83 LAA+ Sundaram Finance Ltd.** 1.78 AA+ Sundaram Finance Ltd.** 1.54 LAA+ LIC Housing Finance Ltd.** 1.51 AAA GE Capital Services India** 1.46 AAA Mahindra & Mahindra Financial Services Ltd.** 1.37 AA- Tata Capital Ltd.** 1.14 LAA+ Kotak Mahindra Prime Ltd.** 1.14 AA Reliance Industries Ltd.** 1.14 AAA Tata Motors Ltd.** 1.3 AAA(SO) Tata Capital Ltd.**.77 AA+ Bajaj Auto Finance Ltd.**.76 AA+ Bajaj Auto Finance Ltd.**.42 LAA+ Kotak Mahindra Prime Ltd.**.4 LAA Cash & Current Sovereign.14% Rating Profile Rating Sundaram Finance Ltd.**.39 AA+ Mahindra & Mahindra Financial Services Ltd.**.3 AA- IDFC Ltd.**.5 AA+ Floating Rate Instruments 7.92 Power Finance Corporation Ltd AAA Axis Bank Ltd..61 LAA+ LIC Housing Finance Ltd..57 AAA ICICI Bank Ltd..51 AAA Union Bank of India.8 AAA Securitised Debt 6.61 Power Finance Corporation Ltd.** 3.51 AAA(SO) Tata Capital Ltd.** 3.1 CARE AA+(SO) PSU/PFI Bonds/Banks 4.75 Power Finance Corporation Ltd.** 2.21 AAA IDBI Bank Ltd.**.77 AA+ National Housing Bank**.76 AAA ICICI Bank Ltd.**.38 AAA Indian Railway Finance Corporation Ltd.**.24 AAA Rural Electrification Corporation Ltd.**.23 AAA NHPC Ltd.**.8 AA+ Indian Oil Corporation Ltd.**.8 AAA Government Bond CGL Sovereign 6.35 CGL 22.7 Sovereign Cash & Current 7.52 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 4.62 % AAA AA 7.52% 16.42% 75.92% Value Research Rating Birla Sun Life Dynamic Bond Fund Debt: Medium Term (39 Schemes), 18 months & 3 years ended 28-Feb-1 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. ++ For further details on the Discipline Advantage Plan please refer to addendum dated March 2, 29 & July 16, 29. (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 9

10 Savings Birla Sun Life Medium Term Plan Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unitholders & secondary objective is growth of capital. Low Fund Manager : Mr. Maneesh Dangi & Mr. Kaustubh Gupta Managing Fund Since : June 25, 29 Total Experience : 1 years & 5 years Date of inception : March 25, 29 Nature of the scheme : An Open-ended Income Scheme Default option : Default Plan Retail Default Option Growth Default Facility Fortnightly Dividend Reinvestment Retail Plan Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- For Institutional Plan Fresh Purchase : Rs. 1 Crore Additional Purchase : Rs. 1,/- Redemption Cheques : Within 1 working days Systematic Withdrawal : Not Available Plans / Options & NAV (As on February 26, 21) Retail Plan Weekly Dividend : Fortnightly Dividend : Monthly Dividend : (Payout, Reinvestment & Sweep Option) Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Growth : Institutional Plan Weekly Dividend : Fortnightly Dividend : Monthly Dividend : (Payout, Reinvestment & Sweep Option) Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Growth : Since Inception Birla Sun Life Medium Term Plan - Retail - Growth Crisil Short Term Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year Rating Money Market Instruments 57.4 NABARD 14.7 P1+ Punjab National Bank PR1+ Kotak Mahindra Bank Ltd P1+ Central Bank of India 7.51 PR1+ Andhra Bank 5.6 F1+ Corporation Bank 2.94 P1+ Bank of India 1.99 P1+ State Bank of Hyderabad 1.75 A1+ PSU/PFI Bonds/Banks 7.63 Power Finance Corporation Ltd.** 4.58 AAA Cash & Current Rating Profile Rating Indian Railway Finance Corporation Ltd.** 2.47 AAA Rural Electrification Corporation Ltd.**.58 AAA Corporate Debt 7.2 Aditya Birla Nuvo Ltd.** 4.66 LAA+ Bajaj Auto Finance Ltd.** 2.36 AA+ Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is % AAA AA 7.2% 28.32% 64.67% Benchmark : CRISIL Short Term Bond Fund Index Average AUM : Rs Crores Load Structure (Incl. for SIP) Exit Load** :.25% if redeemed / switched out within 9 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.53 Years Modified Duration :.45 years Yield to Maturity : 4.75% Mark to Market : 15% 1

11 Savings Birla Sun Life Income Plus Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An open-ended income scheme with the objective to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. Rating Profile Low Fund Manager : Mr. Prasad Dhonde Managing Fund Since : Jan 11, 21 Total Experience : 11 years Date of inception : October 21, 1995 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- For Discipline Advantage : The sum of transfer amounts as ++ Plan per the frequency opted or Rs. 1,/- whichever is greater. Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Growth : Dividend : (Payout & Reinvestment) Discipline Advantage Plan : (w.e.f Mar 4,29 ) Benchmark : CRISIL Composite Bond Fund Index Average AUM : Rs Crores Load Structure (Incl. for SIP) Exit Load** :.25% if redeemed / switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment Birla Sun Life Income Plus Growth CRISIL Composite Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. Rating Money Market Instruments UCO Bank 2.88 P1+ Central Bank of India PR1+ United Bank of India 6.6 A1+ IDBI Bank Ltd A1+ Punjab National Bank 5.95 PR1+ Oriental Bank of Commerce 2.98 P1+ Corporate Debt LIC Housing Finance Ltd.** 12.3 AAA Reliance Gas Transpotation Infrastructure Ltd.** 1.36 AAA Tata Motors Ltd.** 1.25 AAA(SO) Infrastructure Leasing & Financial Services Ltd.**.12 LAAA Government Bond % GOI 2Oct Sovereign Cash & Current Sovereign AA.52% Rating 6.7% CGL Sovereign 8.2% CGL Sovereign 8.24% CGL Sovereign PSU/PFI Bonds/Banks 3.64 Power Grid Corporation of India Ltd.** 1.26 AAA Export Import Bank of India**.63 AAA IDBI Bank Ltd.**.52 AA+ Rural Electrification Corporation Ltd.**.5 AAA ICICI Bank Ltd.**.39 AAA Indian Railway Finance Corporation Ltd.**.34 AAA Cash & Current 2.92 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is %. AAA 6.93% 2.92% 71.64% Average Maturity :.98 Years Modified Duration :.8 Years Yield to Maturity : 5.5% Mark to Market : 25% Standard Deviation : 5.2% CRISIL~CPR 1^^ Birla Sun Life Income Plus Consistent CPR Performer-Debt (13 Schemes), 5 Yrs ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer ++ For further details on the Discipline Advantage Plan please refer to addendum dated March 3, 29, March 8, 29 & July 16, 29 11

12 Savings Birla Sun Life Income Fund Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An open-ended income scheme with the objective to generate income and capital appreciation by investing 1% of the corpus in a diversified portfolio of debt and money market securities. Rating Profile Low Fund Manager : Mr. Shaktie Prakash Managing Fund Since : Jan 11, 21 Total Experience : 6 years Date of inception : March 3, 1997 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- For Discipline Advantage : The sum of transfer amounts as ++ Plan per the frequency opted or Rs. 1,/- whichever is greater. Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Growth : Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Half Yearly Dividend : (Payout, Reinvestment & Sweep Option) 54 EA Growth : EA Dividend : EB Growth : EB Dividend : Discipline Advantage Plan : (w.e.f Mar 4,29 ) Birla Sun Life Income Fund Growth CRISIL Composite Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. Rating Money Market Instruments Punjab and Sind Bank 2.77 A1+ IDBI Bank Ltd A1+ State Bank of Patiala P1+ PSU/PFI Bonds/Banks 6.95 Power Finance Corporation Ltd.** 6.95 AAA Cash & Current Sovereign Rating 7.35% CGL Sovereign 6.5% CGL 219 Feb.11 Sovereign Corporate Debt 1.58 Reliance Gas Transpotation Infrastructure Ltd.** 1.58 Cash & Current Government Bond 5.38 Total Net % GOI 2 Oct Sovereign ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 8.54%. AAA 5.38% 37.62% 56.99% AAA Benchmark : CRISIL Composite Bond Fund Index Average AUM : Rs Crores Load Structure (Incl. for SIP) Exit Load** :.25% if redeemed / switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.69 Years Modified Duration : 1.5 Years Yield to Maturity : 5.3% Mark to Market : 14% Standard Deviation Retail Plan : 5.1% 54 EA Growth : 5.1% 54 EB Growth : 5.1% 9 Winner of & Best Fund - 3 yrs performance Lipper Awards India 29 Birla Sun Life Income Fund - Growth Bond INR General, (99 schemes) 3 Yrs Performance (25-28) 9 Winner of & Best Fund - 1 yrs performance Lipper Awards India 29 Birla Sun Life Income Fund - Growth Bond INR General, (16 schemes) 1 Yrs Performance ( ) (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer ++ For further details on the Discipline Advantage Plan please refer to addendum dated March 3, 29, March 8, 29 & July 16, 29 12

13 Savings Birla Sun Life Floating Rate Fund Short Term Plan As on February 28, 21 Credit Quality High Med Low Interest Rate Sensitivity High Low The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments. Fund Manager : Mr. Prasad Dhonde & Ms. Sunaina Da Cunha Managing Fund Since : June 18, 29 Total Experience : 11 years & 6 years Date of inception : June 5, 23 Nature of the scheme : An Open-ended Income Scheme Default option : Appln of less than Rs. 5 cr - Daily Dividend Reinvestment Appln of equal to or greater than Rs. 5 cr - Institutional Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Institutional Plan Fresh Purchase : Rs. 5 Crore Additional Purchase : Rs. 1 Lac Redemption Cheques : Within 1 working days Systematic Investment : NA Plans / Options & NAV (As on February 26, 21) Retail Plan Growth : Daily Dividend (Reinvestment) : 1.15 Dividend (Reinvestment) : Institutional Plan Growth : Daily Dividend (Reinvestment) : 1. Weekly Dividend (Reinvestment) : 1.15 Fortnightly Dividend : 1. (Reinvestment) Birla Sun Life Floating Rate Fund - STP - Growth 3 Years Rating Money Market Instruments 65.2 United Bank of India A1+ HDFC Bank Ltd P1+ Punjab and Sind Bank A1+ ICICI Bank Ltd A1+ Floating Rate Instruments 3.83 ICICI Bank Ltd AAA Cash & Current Total Net days 1 Month 3 Months Since Inception CRISIL Liquid Fund Index Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. AAA 2.96 Cash & Current 2.32 Rating Profile 31.15% % Benchmark Average AUM Load Structure (w.e.f. March 5, 21) Entry Load Exit Load : CRISIL Liquid Fund Index : Rs Crores : Nil : Nil Average Maturity :.4 Years Yield to Maturity : 4.25% Standard Deviation Retail Plan :.27% Institutional Plan :.28% Value Research Rating Birla Sun Life Floating Rate Fund - Short Term Plan Debt: Floating Rate Short - Term (14 Schemes), 18 months & 3 years ended 28-Feb-1 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 13

14 Savings Birla Sun Life Gilt Plus Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities. - Liquid Plan Rating Profile - Liquid Plan Low Fund Manager : Mr. Shaktie Prakash Managing Fund Since : June 18, 29 Total Experience : 6 years Date of inception : October 12, 1999 Nature of the scheme : An Open-ended Government Securities Scheme Default option : Growth Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Liquid Plan Growth : (Quarterly Gain & Annual Gain) Dividend : (Payout, Reinvestment & Sweep Option) Annual Dividend Option : (Payout, Reinvestment & Sweep Option) PF Plan Growth : (Quarterly Gain & Annual Gain) Dividend : (Payout, Reinvestment & Sweep Option) Annual Dividend Option : (Payout, Reinvestment & Sweep Option) Regular Plan Growth : (Quarterly Gain & Annual Gain) Dividend : (Payout, Reinvestment & Sweep Option) Annual Dividend Option : (Payout, Reinvestment & Sweep Option) Benchmark : Liquid Plan : I-Sec SI-BEX PF Plan : I-Sec LI-BEX Regular Plan : I-Sec LI-BEX Average AUM Liquid Plan : Rs Crores PF Plan : Rs Crores Regular Plan : Rs Crores Load Structure (Incl. for SIP) Liquid Plan, Regular Plan & PF Plan - Quarterly / Annual Dividend Exit Load : Nil PF Plan - Growth Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Birla Sun Life Gilt Plus - LP Growth I-Sec SI-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. - PF Plan Birla Sun Life Gilt Plus - PF Growth I-Sec LI-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown Regular plan Birla Sun Life Gilt Plus - RP Growth I-Sec LI-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. - Liquid Plan Rating Cash & Current Total Net 1. Cash & Current Cash & Current Sovereign Cash & Current Sovereign Rating Profile - PF Plan 26.25% Rating Profile - Regular Plan 33.98% - PF Plan Rating Government Bond % GOI 2 Oct Sovereign Cash & Current Total Net 1. 1.% 73.75% 66.2% Average Maturity Liquid Plan : - PF Plan : 1.22 Years Regular Plan : 1.24 Years Modified Duration Liquid Plan : - PF Plan : 1. Years Regular Plan : 1. Years Yield to Maturity Liquid Plan : 3. % PF Plan : 4. % Regular Plan : 4.25 % Mark to Market Liquid Plan : - PF Plan : 26 % Regular Plan : 34 % Standard Deviation Liquid Plan :.31 % PF Plan : 6.33 % Regular Plan : 6.1 % - Regular Plan Rating Government Bond % GOI 2 Oct Sovereign 7.47% Oil Mkt Co GOI Bond Sovereign Cash & Current 66.2 Total Net 1. Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. 14

15 Savings Birla Sun Life Government Securities Fund Credit Quality High Med Low Interest Rate Sensitivity High As on February 28, 21 An open-ended Gilt scheme with the objective to provide investors current income consistent with a portfolio invested 1% in securities by the Government of India or the State Governments, and the secondary objective is capital appreciation. Low Fund Manager : Mr. Maneesh Dangi Managing Fund Since : June 18, 29 Total Experience : 1 years Date of inception : October 28, 1999 Nature of the scheme : An Open-ended Gilt Scheme Default option : Growth For Short Term Retail Plan & Long Term Plan Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- For Short Term Institutional Plan Fresh Purchase : Rs. 5 crores Additional Purchase : Rs. 1 lacs Redemption Cheques : Within 1 working days Maximum Subscription amount (incl. switch in) Long Term Plan : 2 Crores Plans / Options & NAV (As on February 26, 21) Long Term Plan Growth : Dividend : (Payout & Reinvestment) Birla Sun Life G-Sec Fund - LTP - Growth I-Sec Li-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. - Long Term Plan - Short Term Plan Birla Sun Life G-Sec Fund - STP - Growth I-Sec Si-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. Rating Profile - Long Term Plan Cash & Current Rating Profile - Short Term Plan Cash & Current 1.% 1.% Short Term Plan - Retail Growth : Dividend : (Payout & Reinvestment) Daily Dividend : 1.31 (Reinvestment) Weekly Dividend : 1.42 (Reinvestment) Institutional Plan Daily Dividend : 1. Benchmark Short Term Plan : I-Sec SI-BEX Long Term Plan : I-Sec LI-BEX Average AUM Long Term Plan : Rs Crores Short Term Plan : Rs. 2.6 Crores Load Structure (Incl. for SIP) Exit Load Long Term : 1.% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Short Term : Nil - Long Term Plan Rating Cash & Current 1. Total Net 1. - Short Term Plan Rating Cash & Current 1. Total Net 1. Average Maturity Long Term Plan : - Short Term Plan : - Yield to Maturity Long Term Plan : 3. % Short Term Plan : 3. % Standard Deviation Long Term Plan : 7.6% Short Term Plan :.28% Value Research Rating Birla Sun Life Government Securities Fund - Long Term Plan Gilt: Medium & Long Term (32 Schemes), 18 months & 3 years ended 28-Feb-1 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 15

16 Regular Income Birla Sun Life Monthly Income An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus Credit Quality High Low Interest rate sensitivity High Low As on February 28, 21 An open-ended income scheme with the primary investment objective to generate regular income so as to make monthly and quarterly distributions to Unit holders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus 25 Rating Profile Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : July 14, 1999 Nature of the scheme : An Open-ended Income Scheme Default Plan / Option : Growth / Dividend Reinvestment For Monthly & Quarterly Dividend Fresh Purchase : Rs. 25/- Additional Purchase : Rs. 5/- For Growth Plan Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Growth : Benchmark : CRISIL MIP Blended Index Average AUM : Rs Crores Load Structure Exit Load** : 1.% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.39 Years Yield to Maturity : 3.35% (for Debt Component) Mark to Market : 17% Standard Deviation : 8.1% Sharp Ratio : Birla Sun Life Monthly Income - Growth Crisil MIP Blended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Rating Money Market Instruments Indian Bank P1+ Corporation Bank 5.98 P1+ IDBI Bank Ltd. 5.7 A1+ State Bank of Travancore 2.52 A1+ Oriental Bank of Commerce 1.88 P1+ Corporate Debt 4.67 LIC Housing Finance Ltd.** 2.63 AAA ICICI Home Finance Company Ltd.** 1.29 LAAA IDFC Ltd.**.54 AA+ HDFC Ltd. **.22 AAA PSU/PFI Bonds/Banks 1.59 Power Finance Corporation Ltd.**.91 AAA IDBI Bank Ltd.**.68 AA+ Banks 1.48 Axis Bank Ltd..4 Allahabad Bank.39 ICICI Bank Ltd..38 The South Indian Bank Ltd..31 Government Bond % CGL Sovereign Finance 1.1 Shriram Transport Finance Company Ltd..29 Power Finance Corporation Ltd.24 HDFC Ltd..22 LIC Housing Finance Ltd..12 McDowell Holdings Ltd..1 Rural Electrification Corporation Ltd..3 Power.81 KEC International Ltd..29 Kalpataru Power Transmission Ltd..28 Gujarat Industries Power Company Ltd..24 Software.67 HCL Technologies Ltd..38 Infosys Technologies Ltd..3 Pesticides.67 Rallis India Ltd..67 Fertilisers.53 Coromandel International Limited.42 Chambal Fertilisers and Chemicals Ltd..11 Industrial Capital Goods.5 Thermax Ltd..3 Cash & Current AAA Other Sovereign AA 1.24% 1.22% 1.7% 31.97% 55.52% Rating Emco Ltd..11 Elecon Engineering Company Ltd..1 Auto.47 Hero Honda Motors Ltd..32 Mahindra & Mahindra Ltd..15 Consumer Durables.47 Bajaj Electricals Ltd..32 Blue Star Ltd..15 Transportation.42 Gateway Distriparks Ltd..25 The Great Eastern Shipping Company Ltd.17 Industrial Products.41 Cummins (India) Ltd..41 Gas.37 Indraprastha Gas Ltd..37 Pharmaceuticals.34 Wyeth Ltd..34 Consumer Non Durables.32 ICI India Ltd..32 Media & Entertainment.3 Jagran Prakashan Ltd..3 Magnasound India Ltd. ** Oil.29 Oil & Natural Gas Corporation Ltd..29 Petroleum Products.25 Castrol India Ltd..25 Hotels.19 Taj GVK Hotels & Resorts Ltd..19 Ferrous Metals.17 PSL Ltd..17 Construction Project.14 Voltas Ltd..14 Future and Options.26 Rural Electrification Cop Ltd.Fut Mar 1.26 Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 6.26% Indicates less than.1 Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1%(91 day T-bill yield As on February 26, 21) CRISIL~CPR 2^^ Birla Sun Life Monthly Income MIP Conservative Scheme (12 Schemes), 2 years ended 31-Dec-9 Value Research Rating Birla Sun Life Monthly Income Hybrid Monthly Income (35 Schemes),for 3 & 5 years periods ending 28-Feb-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 16

17 Regular Income Birla Sun Life MIP An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus Credit Quality High Low Interest rate sensitivity High As on February 28, 21 The primary objective of the scheme is to generate regular income so as to make monthly distributions to unitholders with the secondary objective being growth of capital. Income may be generated through the receipt of coupon payments, the amortization of the discount on debt instruments, receipt of dividends or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets primarily in fixed income securities, money market instruments, cash and cash equivalents while at the same time maintaining a small exposure to equity markets. (Monthly income is not assured and is subject to availability of distributable surplus.) Low Rating Profile Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : November 2, 2 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment / Instant Payment For Monthly Dividend / Payment Fresh Purchase : Rs. 25/- Additional Purchase : Rs. 1/- For Growth Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep Option) Monthly Payment / Growth : (Instant / Deferred) Benchmark : CRISIL MIP Blended Index Average AUM : Rs Crores Load Structure Exit Load** :.25% if redeemed/switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.3 Years Yield to Maturity : 4.7% (for Debt Component) Mark to Market : 33% Standard Deviation : 7.83% Sharp Ratio : Birla Sun Life MIP - Growth Crisil MIP Bended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Rating Money Market Instruments Punjab and Sind Bank A1+ Canara Bank P1+ Indian Bank 9.86 P1+ Central Bank of India 3.92 A1+ Corporation Bank 3.89 P1+ Reliance Capital Ltd A1+ PSU/PFI Bonds/Banks 1.83 IDBI Bank Ltd.** 5.14 AA+ Power Finance Corporation Ltd.** 2.13 AAA National Bank for Agriculture & Rural Development** 1.89 AAA Power Grid Corporation of India Ltd.** 1.59 AAA State Bank of India**.8 AAA Corporate Debt 8.86 LIC Housing Finance Ltd.** 3.87 AAA Housing Development Finance Corporation Ltd.** 2.64 AAA Infrastructure Development Finance Company Ltd.** 2.7 AA+ Trent Ltd.**.27 CARE AA- Industrial Capital Goods 1.66 Crompton Greaves Ltd..48 Alstom Projects India Ltd..46 Thermax Ltd..42 AIA Engineering Ltd..3 Software 1.35 Wipro Ltd..45 Tata Consultancy Services Ltd..45 Oracle Financial Services Software Ltd..44 Government Bond % CGL Sovereign Construction Project.89 Hindustan Construction Company Ltd..46 Voltas Ltd..43 Gas.88 GAIL (India) Ltd..46 Gujarat State Petronet Ltd..42 Banks.85 ICICI Bank Ltd..55 ING Vysya Bank Ltd..3 Consumer Non Durables.77 ITC Ltd..41 Jubilant Foodworks Ltd..36 AAA Cash & Current Other AA Sovereign 1.12% 7.48% 11.73% 21.71% Rating Construction.63 Sadbhav Engineering Ltd..33 Sobha Developers Ltd..3 Power.57 Torrent Power Ltd..29 KSK Energy Ventures Ltd..28 Auto.55 Ashok Leyland Ltd..29 Mahindra & Mahindra Ltd..26 Transportation.47 Cox & Kings (India) Ltd..47 Pharmaceuticals.47 Aurobindo Pharma Ltd.47 Textile Products.44 S. Kumars Nationwide Ltd..44 Non - Ferrous Metals.44 Hindustan Zinc Ltd..44 Petroleum Products.43 Reliance Industries Ltd..43 Industrial Products.42 Jain Irrigation Systems Ltd..42 Finance.36 Shriram Transport Finance Company Ltd..36 Oil.28 Aban Offshore Ltd..28 Media & Entertainment.25 HT Media Ltd..14 Dish TV India Ltd..12 Chemicals.1 Solar Industries India Ltd..1 Cash & Current Total Net % ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 19.69% Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1%(91 day T-bill yield As on February 26, 21) 17

18 Regular Income Birla Sun Life MIP II - Wealth 25 Plan An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus Credit Quality High Low Interest rate sensitivity High Low As on February 28, 21 An open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus Rating Profile Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : May 22, 24 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment For Monthly Dividend / Payment Fresh Purchase : Rs. 25/- Additional Purchase : Rs. 1/- For Growth Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep Option) Growth / Payment : Benchmark : CRISIL MIP Blended Index Average AUM : Rs Crores Load Structure Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.82 Years Yield to Maturity : 3.65% (for Debt Component) Mark to Market : 28% Standard Deviation : 11.96% Sharp Ratio : Birla Sun Life MIP II - Wealth 25 - Growth Crisil MIP Bended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for periodless than1year &CAGRforperiod1yearormore. Rating Money Market Instruments 35.7 Canara Bank 12.9 P1+ Indian Bank 1.1 P1+ Corporation Bank 9.48 P1+ Central Bank of India 4.2 A1+ PSU/PFI Bonds/Banks 4.33 IDBI Bank Ltd.** 2.59 AA+ NABARD ** 1.74 AAA Corporate Debt 4.8 HDFC Ltd. ** 2.1 AAA LIC Housing Finance Ltd. ** 1.98 AAA Banks 2.84 ICICI Bank Ltd. 1.2 Axis Bank Ltd..82 HDFC Bank Ltd..52 Kotak Mahindra Bank Ltd..24 Yes Bank Ltd..24 Government Bond % CGL Sovereign 7.61% OIL COMP GOI BONDS Sovereign Industrial Capital Goods 2.2 Crompton Greaves Ltd..64 Thermax Ltd..6 Alstom Projects India Ltd..5 AIA Engineering Ltd..47 Software 1.91 Oracle Financial Services Software Ltd..54 Infosys Technologies Ltd..53 Mphasis Ltd..52 MindTree Ltd..32 AAA Cash & Current Other Sovereign AA 2.69% 2.59% 21.96% 31.24% 41.52% Rating Torrent Power Ltd..3 Auto 1.11 Mahindra & Mahindra Ltd..49 Tata Motors Ltd..37 Ashok Leyland Ltd..24 Transportation 1.3 Cox & Kings (India) Ltd..52 IRB Infrastructure Developers Ltd..51 Construction Project.91 Lanco Infratech Ltd..46 Larsen & Toubro Ltd..41 Voltas Ltd..3 Petroleum Products.89 Reliance Industries Ltd..89 Minerals/Mining.88 Sesa Goa Ltd..52 Nava Bharat Ventures Ltd..36 Media & Entertainment.87 Dish TV India Ltd..45 HT Media Ltd..42 Construction.7 Patel Engineering Ltd..5 Simplex Infrastructures Ltd..2 Non - Ferrous Metals.64 Hindustan Zinc Ltd.64 Pesticides.57 Rallis India Ltd..57 Consumer Non Durables 1.76 United Spirits Ltd..66 ITC Ltd..58 United Breweries Ltd..52 Finance 1.34 HDFC Ltd..51 Shriram Transport Finance Company Ltd..47 India Infoline Ltd..37 Pharmaceuticals 1.27 Aurobindo Pharma Ltd.74 Divis Laboratories Ltd..53 Power 1.15 Reliance Infrastructure Ltd..49 KSK Energy Ventures Ltd..36 Cement.56 Shree Cements Ltd..56 Ferrous Metals.53 Steel Authority of India Ltd..53 Textile Products.5 S. Kumars Nationwide Ltd..5 Hardware.31 Allied Digital Services Ltd..31 Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 8.41% Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1%(91 day T-bill yield As on February 26, 21) CRISIL~CPR 2^^ Birla Sun Life MIP II - Wealth 25 Plan MIP Aggressive Scheme (2 Schemes), 2 years ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 18

19 Regular Income Birla Sun Life MIP II - Savings 5 Plan An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus Credit Quality High Low Interest rate sensitivity High As on February 28, 21 An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus. Rating Profile Low Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : May 22, 24 Nature of the scheme : An Open-ended Income Scheme Default option : Growth / Dividend Reinvestment For Monthly Dividend / Payment Fresh Purchase : Rs. 25/- Additional Purchase : Rs. 1/- For Growth Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Monthly Payment / Growth : Benchmark : CRISIL MIP Blended Index Average AUM : Rs. 1, Crores Load Structure (Incl. for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.41 Years Yield to Maturity : 4.75% (for Debt Component) Mark to Market : 12% Standard Deviation : 8.8% Sharp Ratio : Birla Sun Life MIP II - Savings 5 - Growth Crisil MIP Bended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Money Market Instruments 62.4 Central Bank of India 11.1 PR1+ IDBI Bank Ltd A1+ UCO Bank 8.45 P1+ ICICI Bank Ltd A1+ United Bank of India 5.64 A1+ Syndicate Bank 2.82 PR1+ Andhra Bank 2.82 F1+ Central Bank of India 2.8 A1+ Canara Bank 2.8 P1+ Indian Bank 2.76 P1+ Corporation Bank 1.88 P1+ Reliance Capital Ltd A1+ Oriental Bank of Commerce.97 P1+ State Bank of Travancore.56 A1+ PSU/PFI Bonds/Banks 6.62 Rural Electrification Corporation Ltd.** 3.11 AAA Power Finance Corporation Ltd.** 2.71 AAA Indian Oil Corporation Ltd.**.56 AAA IDBI Bank Ltd.**.24 AA+ Floating Rate Instruments 2.82 Power Finance Corporation Ltd AAA Corporate Debt 1.79 LIC Housing Finance Ltd.**.65 AAA HDFC Ltd.**.37 AAA ICICI Home Finance Company Ltd.**.28 LAAA Tata Sons Ltd.**.26 AAA Reliance Industries Ltd.**.24 AAA Consumer Non Durables.93 Asian Paints Ltd..14 Marico Ltd..12 ITC Ltd..12 Glaxosmithkline Consumer Healthcare Ltd..11 Colgate-Palmolive (India) Ltd..1 Godrej Consumer Products Ltd..1 Dabur India Ltd..1 Procter&Gamble Hygiene&Health Care Ltd..8 ICI India Ltd..7 Banks.38 ICICI Bank Ltd..13 The South Indian Bank Ltd..13 Allahabad Bank.12 Software.36 Tata Consultancy Services Ltd..15 HCL Technologies Ltd..1 Infosys Technologies Ltd..1 Industrial Capital Goods.26 Bharat Electronics Ltd..1 AAA Cash & Current Other 3.39% AA.24% 22.98% 73.39% Rating Thermax Ltd..1 Elecon Engineering Company Ltd..6 Cement.23 Grasim Industries Ltd..1 Birla Corporation Ltd..8 Mangalam Cement Ltd..5 Auto.21 Hero Honda Motors Ltd..13 Mahindra & Mahindra Ltd..9 Finance.21 Power Finance Corporation Ltd.11 HDFC Ltd..1 Rural Electrification Corporation Ltd.. Pharmaceuticals.21 Wyeth Ltd..1 Piramal Healthcare Ltd..1 Oil.17 Oil & Natural Gas Corporation Ltd..1 Oil India Ltd.7 Industrial Products.15 Cummins (India) Ltd..15 Media & Entertainment.13 D.B. Corp Ltd..8 Jagran Prakashan Ltd..5 Power.1 Kalpataru Power Transmission Ltd..1 Gas.1 Indraprastha Gas Ltd..1 Transportation.9 Gateway Distriparks Ltd..9 Construction Project.9 Voltas Ltd..9 Minerals/Mining.8 Nava Bharat Ventures Ltd..8 Future and Options -.31 Rural Electrification Cop Ltd.Fut Mar 1.1 CNX Nifty Futures Mar Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 8.41%. Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1%(91 day T-bill yield As on February 26, 21) CRISIL~CPR 1^^ Birla Sun Life MIP II Savings 5 Plan MIP Conservative schemes (12 Schemes), 2 years ended 31-Dec-9 Value Research Rating Birla Sun Life MIP II Savings 5 Plan Hybrid: Monthly Income (35 Schemes),for 3 & 5 years periods ended 28-Feb-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 19

20 Tax Saving Birla Sun Life Tax Relief 96 An open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years As on February 28, 21 Investment Style Value Blend Growth Size Large Fund Manager : Mr. Ajay Garg Managing Fund Since : October 1,26 Total Experience : 15 years Date of inception : March 29, 1996 Nature of the scheme : An Open-ended ELSS Scheme Default option : Dividend Payout Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 5/- Redemption Cheques : Within 1 working days Systematic Withdrawal : Not Available Systematic Transfer : Not Available Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth (w.e.f. 6/3/8) : 1.25 Benchmark : BSE 2 Average AUM : Rs. 1,22.7 Crores Load Structure (Incl for SIP) Exit Load : Nil Standard Deviation : 41.93% Sharpe Ratio :.13 Beta : 1.4 Small An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 8% equity, 2% debt and money market securities Birla Sun Life Tax Relief 96 - Dividend BSE 2 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of the tax free dividend declared. SIPisapowerfultoolthatcanhelpyoucreatewealthovertime. Ifyouhadinvestedin BirlaSunLifeTaxRelief Investment Period Total Investment (Rs.) Value (Rs.) of SIP in Returns (%)* Birla Sun Life BSE 2 BSE 2 Tax Relief 96 Birla Sun Life Tax Relief 96 Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : April1,1996 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Banks State Bank of India 3.97 ING Vysya Bank Ltd Axis Bank Ltd ICICI Bank Ltd. 2.5 HDFC Bank Ltd Kotak Mahindra Bank Ltd..8 Software 8.62 Infosys Technologies Ltd Tata Consultancy Services Ltd Wipro Ltd Industrial Capital Goods 8.54 Honeywell Automation India Ltd Bharat Heavy Electricals Ltd Crompton Greaves Ltd Bharat Bijlee Ltd..5 Siemens Ltd..35 Power 8. Reliance Infrastructure Ltd Torrent Power Ltd GVK Power & Infrastructure Ltd..93 KSK Energy Ventures Ltd..89 JSW Energy Ltd..56 Finance 7.22 HDFC Ltd ICRA Ltd India Infoline Ltd Petroleum Products 7.1 Reliance Industries Ltd Systematic Investment Ferrous Metals 6.64 Jindal Steel & Power Ltd Tata Steel Limited 2.47 Construction Project 4.72 Larsen & Toubro Ltd Hotels 4.55 Indian Hotels Company Ltd Taj GVK Hotels & Resorts Ltd. 1. Chillwinds Hotels Ltd.**.33 Vardhaman Hotels Ltd.**.33 Asian Hotels North Ltd.**.33 Auto Ancillaries 4.16 Bosch Ltd. 2.9 MRF Ltd. 2.7 Non - Ferrous Metals 3.99 Hindalco Industries Ltd Sterlite Industries (India) Ltd Auto 3.85 Maruti Suzuki India Ltd Mahindra & Mahindra Ltd Consumer Non Durables 3.75 United Breweries Holdings Ltd United Spirits Ltd Radico Khaitan Ltd..68 Pesticides 2.83 United Phosphorus Ltd Rallis India Ltd Industrial Products 2.28 Cummins (India) Ltd Transportation 1.81 Jet Airways India Ltd..95 Spicejet Ltd..85 Telecom-Services 1.5 Bharti Airtel Ltd. 1.5 Construction 1.9 Ackruti City Ltd. 1.9 Media & Entertainment.92 Television Eighteen India Ltd..63 Television Eighteen India Ltd Partly Paid.**.29 Magnasound India Ltd. ** United States of America.81 Sterlite Industries (India) Ltd - Ads.81 Trading.35 Uniphos Enterprises Ltd..35 Cash & Cash Equivalents 1.84 Net receivables / payables. Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 1.27% Indicates less than.1 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21). 9 World s Best Performing Equity Fund - Ranked by Lipper for 13 year Performance Birla Sun Life Tax Relief 96 Equity Funds, (36 schemes) 13 Yrs Ended (3 Sept 29) (Past performance is no guarantee of future results) For Lipper World Ranks for 1yr, 5yrs, 1yrs & 13 yrs Time Periods ended Sept '9 and Lipper Ranking Methodology and Disclaimer refer page no.51 2

21 Tax Saving Birla Sun Life Tax Plan An open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years As on February 28, 21 Investment Style Value Blend Growth Size Large An open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment. Small Fund Manager : Mr. Sanjay Chawla Managing Fund Since : September 12, 27 Total Experience : 22 years Date of inception : February 16, 1999 Nature of the scheme : An Open-ended ELSS Scheme Default option : Dividend Payout Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 5/- Redemption Cheques : Within 1 working days Systematic Withdrawal : Not Available Systematic Transfer : Not Available Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : 12.9 Benchmark : BSE SENSEX Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load : Nil Standard Deviation : 34.76% Sharpe Ratio :.4 Beta :.93 Birla Sun Life Tax Plan - Dividend BSE Sensex SIPisapowerfultoolthatcanhelpyoucreatewealthovertime.Ifyouhadinvestedin BirlaSunLifeTaxPlan... Investment Period Total Investment (Rs.) BSE SENSEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of the tax free dividend declared. Value (Rs.) of SIP in Returns (%)* Birla Sun Life Tax Plan BSE SENSEX Birla Sun Life Tax Plan Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : March1,1999 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Banks 7.79 The South Indian Bank Ltd ICICI Bank Ltd HDFC Bank Ltd Petroleum Products 6.14 Reliance Industries Ltd Indian Oil Corporation Ltd..91 Finance 5.22 Shriram Transport Finance Company Ltd HDFC Ltd Hardware 5.2 Allied Digital Services Ltd CMC Ltd Auto 4.66 Maruti Suzuki India Ltd. 2.8 Mahindra & Mahindra Ltd..96 Tata Motors Ltd..91 Industrial Capital Goods 4.64 Alstom Projects India Ltd Gujarat Apollo Industries Ltd Apar Industries Ltd..81 Ferrous Metals 4.34 Steel Authority of India Ltd. 3.6 Prakash Industries Ltd Systematic Investment Portfolio Portfolio & Asset & Asset Allocation Allocation Non - Ferrous Metals 4.28 Hindustan Zinc Ltd Power 3.86 Tata Power Company Ltd Pharmaceuticals 3.78 Sun Pharmaceutical Industries Ltd Biocon Ltd..84 Oil 3.75 Aban Offshore Ltd Oil & Natural Gas Corporation Ltd Industrial Products 3.34 TRF Ltd Cummins (India) Ltd Construction Project 3.19 Larsen & Toubro Ltd. 2.2 Voltas Ltd..99 Gas 3.18 GAIL India Ltd Consumer Non Durables 3.18 Nestle India Ltd. 2.5 Balrampur Chini Mills Ltd..67 Software 2.49 Infosys Technologies Ltd Telecom - Equipment & Accessories 2.47 OnMobile Global Ltd Construction 2.44 Simplex Infrastructures Ltd Consumer Durables 2.27 Blue Star Ltd Retailing 1.98 Pantaloon Retail (India) Ltd Media & Entertainment 1.93 Television Eighteen India Ltd. 1.4 Television Eighteen India Ltd.(Partly Paid).53 Magnasound India Ltd. ** Telecom-Services 1.78 Bharti Airtel Ltd Transportation 1.53 Container Corporation of India Ltd Cash & Cash Equivalents 1.17 Net receivables / payables 6.57 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.%. Indicates less than.1 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21). 21

22 Wealth Creation Birla Sun Life Equity Fund As on February 28, 21 Investment Style Value Blend Growth Size Large An open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 9% equity and 1% debt and money market securities. Small Fund Manager : Mr. Mahesh Patil Managing Fund Since : November 17, 25 Total Experience : 2 years Date of inception : August 27, 1998 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : ( Payout, Reinvestment & Sweep) Growth : Benchmark : BSE 2 Average AUM : Rs. 1, Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 37.3% Sharpe Ratio :.2 Beta :.93 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) Banks ICICI Bank Ltd HDFC Bank Ltd. 2.1 Axis Bank Ltd. 2.7 State Bank of India 1.77 Yes Bank Ltd Bank of Baroda 1.54 The South Indian Bank Ltd. 1.8 Power 1.35 KEC International Ltd GVK Power & Infrastructure Ltd CESC Ltd Tata Power Company Ltd PTC India Ltd 1.13 Reliance Infrastructure Ltd. 1.1 JSW Energy Ltd..79 Software 9.98 Infosys Technologies Ltd Tata Consultancy Services Ltd Polaris Software Lab Ltd MindTree Ltd Megasoft Ltd..38 Patni Computer Systems Ltd..22 Industrial Capital Goods 7.77 Thermax Ltd Crompton Greaves Ltd Bharat Heavy Electricals Ltd Bharat Bijlee Ltd..74 Consumer Non Durables 6.24 ITC Ltd United Breweries Holdings Ltd Shree Renuka Sugars Ltd..88 Finance 5.74 Shriram Transport Finance Company Ltd Birla Sun Life Equity Fund - Growth BSE 2 Systematic Investment SIPisapowerfultoolthatcanhelpyoucreatewealthovertime. Ifyouhadinvestedin BirlaSunLifeEquityFund... Value (Rs.) of SIP in Returns (%)* Investment Period Total Investment (Rs.) BSE 2 Birla Sun Life BSE 2 Birla Sun Life Equity Fund Equity Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : October1,1998 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Rural Electrification Corporation Ltd HDFC Ltd India Infoline Ltd Construction Project 5.6 Nagarjuna Construction Company Ltd Lanco Infratech Ltd Larsen & Toubro Ltd. 1.1 Gammon India Ltd..97 Oil 3.8 Oil & Natural Gas Corporation Ltd Cairn India Ltd..89 Media & Entertainment 3.2 Jagran Prakashan Ltd Zee Entertainment Enterprises Ltd Balaji Telefilms Ltd..39 Dish TV India Ltd..8 Magnasound India Ltd. ** Retailing 2.99 Pantaloon Retail (India) Ltd Pantaloon Retail (India) Ltd. -Class B.21 Ferrous Metals 2.93 Tata Steel Limited 2.4 Usha Martin Ltd..89 Petroleum Products 2.72 Reliance Industries Ltd Pharmaceuticals 2.53 Dr.Reddys Laboratories Ltd. 1.9 Aurobindo Pharma Ltd.61 Maestro Mediline Systems Ltd..2 Transportation 2.52 Cox & Kings (India) Ltd Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.%. Indicates less than.1 Spicejet Ltd Auto 2.43 Bajaj Auto Ltd Tata Motors Ltd..71 Cement 2.39 Century Textiles and Industries Ltd Grasim Industries Ltd..74 Telecom-Services 2.32 Bharti Airtel Ltd Construction 2.18 Housing Development & Infrastructure Ltd 1.15 Ackruti City Limited 1.2 Hardware 1.62 Allied Digital Services Ltd United States of America 1.41 Sterlite Industries (India) Ltd - Ads 1.41 Non - Ferrous Metals 1.3 Hindalco Industries Ltd. 1.3 Industrial Products 1.3 Max India Ltd. 1.3 Future and Options 2.81 Maruti Udyog Ltd. Fut March Tata Motors Ltd. Fut March ICICI Bank Ltd. Fut March Nagarjun Construction Company Ltd Fut March Cash & Cash Equivalents 5.56 Net receivables / payables Total Net 1. 22

23 Wealth Creation Birla Sun Life Advantage Fund As on February 28, 21 Investment Style Value Blend Growth Size Large An open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk through a diversified research based investment approach. Small Fund Manager : Mr. Ajay Argal Managing Fund Since : Aug Total Experience : 16 years Date of inception : February 24, 1995 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : BSE SENSEX Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** :.5% if redeemed / switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 38.47% Sharpe Ratio :.5 Beta :.96 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) Birla Sun Life Advantage Fund - Growth BSE Sensex Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Advantage Fund... Investment Period Total Investment (Rs.) BSE SENSEX Value (Rs.) of SIP in Returns (%)* Birla Sun Life Advantage Fund BSE SENSEX Birla Sun Life Advantage Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : March1,1995 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Software Infosys Technologies Ltd Tata Consultancy Services Ltd Polaris Software Lab Ltd Mphasis Ltd MindTree Ltd. 1.4 Core Projects & Technologies Ltd..64 Banks ICICI Bank Ltd. 3.3 HDFC Bank Ltd. 3.7 Yes Bank Ltd. 2.1 State Bank of India 1.99 ING Vysya Bank Ltd The South Indian Bank Ltd Industrial Capital Goods 8.76 Bharat Heavy Electricals Ltd Bharat Electronics Ltd Thermax Ltd Construction Project 7.4 Larsen & Toubro Ltd Nagarjuna Construction Company Ltd Voltas Ltd Pharmaceuticals 7.34 Dishman Pharmaceuticals & Chemicals Ltd Biocon Ltd Cipla Ltd Pfizer Ltd Auto 6.21 Tata Motors Ltd Mahindra & Mahindra Ltd Bajaj Auto Ltd Construction 4.86 IVRCL Infrastructures & Projects Ltd Sobha Developers Ltd Unitech Ltd Dharti Dredging and Infrastructure Ltd**.9 Petroleum Products 4.85 Reliance Industries Ltd Consumer Non Durables 4.64 ITC Ltd United Spirits Ltd Ferrous Metals 3.91 Jindal Steel & Power Ltd Welspun Gujarat Stahl Rohren Ltd..94 Tata Steel Limited.84 Auto Ancillaries 3.12 Exide Industries Ltd. 2.6 Apollo Tyres Ltd. 1.6 Finance 3.9 HDFC Ltd LIC Housing Finance Ltd ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.9% Indicates less than.1 Telecom-Services 2.95 Bharti Airtel Ltd Oil 2.92 Oil & Natural Gas Corporation Ltd Power 2.24 KEC International Ltd Gas 2.19 GAIL India Ltd Transportation 1.85 Spicejet Ltd Cement.92 The India Cements Ltd..92 Non - Ferrous Metals.84 Sterlite Industries (India) Ltd..84 IT Consulting & Services. Karrox Technologies Ltd ** Cash & Cash Equivalents 6.91 Net receivables / payables -2.8 Total Net 1. 23

24 Wealth Creation Birla Sun Life cap Fund As on February 28, 21 Investment Style Value Blend Growth Size Large An open-ended growth scheme with the objective to achieve long-term growth of capital at controlled level of risk by primarily investing in midcap stocks. Small Fund Manager : Mr. Sanjay Chawla Managing Fund Since : September 12,27 Total Experience : 22 Years Date of inception : October 3, 22 Nature of the scheme : An Open-ended Growth Scheme Default option : Plan A/Dividend Reinvestment Plan A Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Plan B Fresh Purchase : Rs. 2,,/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Plan A Dividend : ( Payout, Reinvestment & Sweep) Growth : Plan B Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : CNX cap Average AUM : Rs. 1,46.27 Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 41.97% Sharpe Ratio :.31 Beta :.94 Birla Sun Life cap Fund Plan A - Growth CNX cap Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIPisapowerfultoolthatcanhelpyoucreatewealthovertime. Ifyouhadinvestedin BirlaSunLifecapFund... Investment Period Total Investment (Rs.) CNX cap Value (Rs.) of SIP in Returns (%)* Birla Sun Life cap Fund CNX cap Birla Sun Life cap Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : November1,22 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Power 8.17 PTC India Ltd 2.24 Jyoti Structures Ltd Kalpataru Power Transmission Ltd KEC International Ltd KSK Energy Ventures Ltd Software 7.41 Patni Computer Systems Ltd Polaris Software Lab Ltd. 2.3 MindTree Ltd Mphasis Ltd Finance 7.21 India Infoline Ltd Shriram Transport Finance Company Ltd Rural Electrification Corporation Ltd. 1.7 LIC Housing Finance Ltd..94 Banks 6.91 Allahabad Bank 2.39 Union Bank of India 2.13 Yes Bank Ltd ING Vysya Bank Ltd. 1.8 Ferrous Metals 6.86 Usha Martin Ltd Prakash Industries Ltd 2.37 Welspun Gujarat Stahl Rohren Ltd. 2. Pharmaceuticals 6.31 Aurobindo Pharma Ltd 2.56 Lupin Ltd Divis Laboratories Ltd Consumer Non Durables 5.89 Mcleod Russel India Ltd Shree Renuka Sugars Ltd Glaxosmithkline Consumer Healthcare Ltd Industrial Capital Goods 5.58 Crompton Greaves Ltd AIA Engineering Ltd Thermax Ltd Industrial Products 5.52 Sintex Industries Ltd Cummins (India) Ltd Max India Ltd Auto Ancillaries 4.49 Exide Industries Ltd. 2.3 Apollo Tyres Ltd Construction 4.28 Simplex Infrastructures Ltd Sadbhav Engineering Ltd The Phoenix Mills Ltd..85 Auto 3.8 Ashok Leyland Ltd Bajaj Auto Ltd Construction Project 2.66 Voltas Ltd Petroleum Products 2.66 Castrol India Ltd. 2. Hindustan Petroleum Corporation Ltd..66 Transportation 2.11 Spicejet Ltd Gateway Distriparks Ltd..93 Oil 2.4 Aban Offshore Ltd. 2.4 Media & Entertainment 2.1 Sun TV Network Ltd Television Eighteen India Ltd Partly Paid**.13 Chemicals 1.96 Solar Industries India Ltd Pesticides 1.78 United Phosphorus Ltd Telecom - Equipment & Accessories 1.15 OnMobile Global Limited 1.15 Minerals/Mining 1.7 Nava Bharat Ventures Ltd. 1.7 Future and Options.43 Rural Electrification Corp Ltd.Fut March Cash & Cash Equivalents 8.2 Net receivables / payables 1.67 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) CRISIL~CPR 2^^ Birla Sun Life cap Fund (Plan A) Consistent CPR Performer - Liquid (33 Schemes), 5 Yrs ended 31-Dec-9 Value Research Rating Birla Sun Life cap Fund (Plan A) Equity Diversified (155 Schemes), for 3 & 5 Years periods ending 28-Feb-1 CRISIL~CPR 2^^ Birla Sun Life cap Fund (Plan A) Small & Equity Schemes ( 22 Schemes), 2 Yrs ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 24

25 Wealth Creation Birla Sun Life Frontline Equity Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Mahesh Patil Managing Fund Since : November 17, 25 Total Experience : 2 years Date of inception : August 3, 22 Nature of the scheme : An Open-ended Growth Scheme Default option : Plan A/Dividend Reinvestment Plan A Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Plan B Fresh Purchase : Rs. 2,,/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Plan A Dividend : 2.53 ( Payout, Reinvestment & Sweep) Growth : (With/without Trigger Facility) Plan B Dividend : (Payout, Reinvestment & Sweep) Growth : (With/without Trigger Facility) Benchmark : BSE 2 Average AUM : Rs. 1, Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 33.63% Sharpe Ratio :.38 Beta :.85 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) An open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 1% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE Birla Sun Life Frontline Equity Fund Plan A - Growth BSE 2 Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIPisapowerfultoolthatcanhelpyoucreatewealthovertime. Ifyouhadinvestedin BirlaSunLifeFrontlineEquityFund... Investment Period Total Investment (Rs.) Value (Rs.) of SIP in Returns (%)* Birla Sun Life BSE 2 BSE 2 Frontline Equity Fund Birla Sun Life Frontline Equity Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : October1,22 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Banks ICICI Bank Ltd State Bank of India 2.61 Axis Bank Ltd HDFC Bank Ltd Bank of Baroda 1.74 ING Vysya Bank Ltd Kotak Mahindra Bank Ltd..56 Software 9.35 Infosys Technologies Ltd. 3.7 Tata Consultancy Services Ltd Wipro Ltd Mphasis Ltd..96 Power 7.38 Tata Power Company Ltd Reliance Infrastructure Ltd CESC Ltd. 1.6 NTPC Ltd. 1.3 KSK Energy Ventures Ltd..98 PTC India Ltd.91 Torrent Power Ltd..79 Industrial Capital Goods 6.9 Bharat Heavy Electricals Ltd Crompton Greaves Ltd. 2.3 Alstom Projects India Ltd Bharat Electronics Ltd..6 BEML Ltd..51 Siemens Ltd..2 Petroleum Products 6.33 Reliance Industries Ltd. 4.1 Hindustan Petroleum Corporation Ltd. 1.3 Indian Oil Corporation Ltd. 1.1 Oil 6.21 Oil & Natural Gas Corporation Ltd Cairn India Ltd Aban Offshore Ltd Auto 4.87 Bajaj Auto Ltd. 2. Mahindra & Mahindra Ltd Tata Motors Ltd Construction Project 4.84 Larsen & Toubro Ltd Nagarjuna Construction Company Ltd Lanco Infratech Ltd Pharmaceuticals 4.56 Cipla Ltd. 2.4 Dr.Reddys Laboratories Ltd Sun Pharmaceutical Industries Ltd..75 Consumer Non Durables 4.12 ITC Ltd United Spirits Ltd Balrampur Chini Mills Ltd..41 Cement 3.81 Grasim Industries Ltd Jaiprakash Associates Ltd Non - Ferrous Metals 3.22 Sterlite Industries (India) Ltd. 1.9 Hindalco Industries Ltd Finance 2.96 HDFC Ltd LIC Housing Finance Ltd..77 Rural Electrification Corporation Ltd..7 Construction 1.91 Housing Development & Infrastructure Ltd 1.32 IVRCL Infrastructures & Projects Ltd..48 Sobha Developers Ltd..11 Telecom-Services 1.84 Bharti Airtel Ltd Industrial Products 1.79 Cummins (India) Ltd Media & Entertainment 1.74 Zee Entertainment Enterprises Ltd D.B. Corp Ltd..62 Ferrous Metals 1.66 Tata Steel Limited 1.66 Gas 1.32 GAIL India Ltd Telecom - Equipment & Accessories.94 OnMobile Global Limited.94 Hotels.83 Indian Hotels Company Limited.83 Diversified.49 Hindustan Unilever Ltd..49 Future and Options 3.15 CNX Nifty Futures March Rural Electrification CorLtd. Fut March Ltd.Fut March Tata Motors Ltd. Fut March Reliance Infrastructure Ltd Fut March Cash & Cash Equivalents 5.37 Net receivables / payables.14 Total Net 1. CRISIL~CPR 1^^ Birla Sun Life Frontline Equity Fund (Plan A) Large Cap Oriented Equity Schemes (31 Schemes), 2 Yrs ended 31-Dec-9 V alue Research Rating Birla Sun Life Frontline Equity Fund (Plan A) Equity: Diversified (155 Schemes), for 3 & 5 Years periods ending 28-Feb-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 25

26 Wealth Creation Birla Sun Life Infrastructure Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small An open-ended growth scheme with the objective to providing for medium to long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India. Fund Manager : Mr. Mahesh Patil Managing Fund Since : Since inception Total Experience : 2 years Date of inception : March 17, 26 Nature of the scheme : An Open-ended Growth Scheme Default option : Plan A/Dividend Reinvestment Plan A Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Plan B Fresh Purchase : Rs. 2,,/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Plan A Dividend : ( Payout, Reinvestment & Sweep) Growth : Plan B Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : S&P CNX NIFTY Average AUM : Rs Crores Birla Sun Life Infrastructure Fund - Plan A - Growth S&P CNX Nifty Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIPisapowerfultoolthatcanhelpyoucreatewealthovertime. Ifyouhadinvestedin BirlaSunLifeInfrastructureFund... Investment Period Total Investment (Rs.) S&P CNX NIFTY Year 3 Years Since Inception Value (Rs.) of SIP in Returns (%)* Birla Sun Life Infrastructure Fund S&P CNX NIFTY Birla Sun Life Infrastructure Fund Since Inception Last 3 years Last 1 year DateofFirstInstallment : April1,26 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 41.33% Sharpe Ratio :.18 Beta : 1.9 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21). Power KEC International Ltd CESC Ltd Tata Power Company Ltd. 2.6 Torrent Power Ltd. 2.3 Jyoti Structures Ltd PTC India Ltd 1.79 Reliance Infrastructure Ltd KSK Energy Ventures Ltd GVK Power & Infrastructure Ltd Kalpataru Power Transmission Ltd. 1.5 Industrial Capital Goods Thermax Ltd Crompton Greaves Ltd Bharat Heavy Electricals Ltd Bharat Electronics Ltd BEML Ltd Alstom Projects India Ltd..96 Elecon Engineering Company Ltd..74 Siemens Ltd..53 Titagarh Wagons Ltd.7 Banks ICICI Bank Ltd. 3.8 HDFC Bank Ltd Axis Bank Ltd. 2. The South Indian Bank Ltd Bank of Baroda 1.71 Oriental Bank of Commerce.49 Construction Project 7.22 Voltas Ltd Larsen & Toubro Ltd Nagarjuna Construction Company Ltd Lanco Infratech Ltd. 1.3 Construction 6.88 Ackruti City Limited 1.63 Sadbhav Engineering Ltd Madhucon Projects Ltd IVRCL Infrastructures & Projects Ltd Mahindra Lifespace Developers Ltd ITD Cementation India Ltd..64 Oil 5.45 Oil & Natural Gas Corporation Ltd Aban Offshore Ltd Finance 5.33 HDFC Ltd Rural Electrification Corporation Ltd IDFC Ltd 1.43 Petroleum Products 3.72 Reliance Industries Ltd Ferrous Metals 3.33 Usha Martin Ltd PSL Ltd Prakash Industries Ltd.78 Cement 3.4 Jaiprakash Associates Ltd Grasim Industries Ltd Transportation 2.73 Container Corporation of India Ltd The Great Eastern Shipping Company Ltd.81 Arshiya International Ltd.52 Industrial Products 2.71 Sintex Industries Ltd Kirloskar Oil Engines Ltd. 1.3 Cummins (India) Ltd..39 Gas 2.22 Gujarat Gas Company Ltd Telecom-Services 1.97 Bharti Airtel Ltd Hotels 1.69 Indian Hotels Company Limited 1.69 Auto 1.47 Mahindra & Mahindra Ltd Consumer Durables 1.38 Bajaj Electricals Ltd Non - Ferrous Metals.72 Sterlite Industries (India) Ltd..72 Future and Options 3.25 Indiabulls Real Estate Mar ICICI Bank Ltd. Fut Mar Cash & Cash Equivalents 3.69 Net receivables / payables 1.61 Total Net 1. 26

27 Wealth Creation Birla Sun Life Basic Industries Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ankit Sancheti Managing Fund Since : November 3,27 Total Experience : 11 years Date of inception : January 15, 2 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Dividend Trigger Plan : 1.3 Growth : Benchmark : BSE 2 Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1.% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 39.93% Sharpe Ratio :.23 Beta :.99 A multi-sector open-ended growth scheme with the objective of long term growth capital, through a portfolio with a target allocation of 1% equity, focusing on investing in companies sensitive to economic cycles and commodity pricing cycles. The investments will be in companies which are often referred to as cyclical companies Birla Sun Life Basic Industries Fund - Growth BSE 2 Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Basic Industries Fund... Investment Period Total Investment (Rs.) Value (Rs.) of SIP in Returns (%)* Birla Sun Life Basic BSE 2 BSE 2 Industries Fund Birla Sun Life Basic Industries Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : March1,2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Industrial Capital Goods Crompton Greaves Ltd Bharat Electronics Ltd Bharat Heavy Electricals Ltd Apar Industries Ltd McNally Bharat Engineering Company Ltd 2.28 Siemens Ltd ABB Ltd..76 Power Jyoti Structures Ltd Reliance Infrastructure Ltd. 2.8 Tata Power Company Ltd Torrent Power Ltd Kalpataru Power Transmission Ltd PTC India Ltd 1.58 KEC International Ltd. 1.4 NTPC Ltd..69 Construction Project 5.8 Larsen & Toubro Ltd. 2.2 Nagarjuna Construction Company Ltd Lanco Infratech Ltd Voltas Ltd..75 Finance 5.1 HDFC Ltd. 2.2 Shriram Transport Finance Company Ltd India Infoline Ltd. 1.2 Auto 4.68 Bajaj Auto Ltd Tata Motors Ltd Ferrous Metals 4.67 Jindal Steel & Power Ltd. 1.9 Tata Steel Limited 1.43 PSL Ltd Industrial Products 4.61 Carborundum Universal Ltd TRF Ltd Cummins (India) Ltd. 1.1 Petroleum Products 4.35 Reliance Industries Ltd Banks 4.22 ICICI Bank Ltd The Jammu And Kashmir Bank Ltd 1.48 Oil 4.1 Oil & Natural Gas Corporation Ltd Aban Offshore Ltd. 1.4 Construction 2.85 IVRCL Infrastructures & Projects Ltd The Phoenix Mills Ltd Minerals/Mining 2.67 Gujarat Mineral Development Corp Ltd 1.29 Gujarat NRE Coke Ltd.74 Sesa Goa Ltd..64 Consumer Non Durables 2.27 Mcleod Russel India Ltd Balrampur Chini Mills Ltd..74 Chemicals 2.9 Micro Inks Ltd. 2.9 Consumer Durables 1.8 Bajaj Electricals Ltd. 1.8 Auto Ancillaries 1.67 Exide Industries Ltd Cement 1.41 Jaiprakash Associates Ltd Non - Ferrous Metals 1.24 Hindustan Zinc Ltd 1.24 Transportation 1.22 Mundra Port and Special Economic Zone Ltd Gas.84 Gujarat State Petronet Ltd.84 Cash & Cash Equivalents 1.34 Net receivables / payables 4.28 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21). 27

28 Wealth Creation Birla Sun Life India GenNext Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Sanjay Chawla Managing Fund Since : September 12,27 Total Experience : 22 years Date of inception : August 5, 25 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : 19.3 Benchmark : S&P CNX NIFTY Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 28.8% Sharpe Ratio :.15 Beta :.75 An open-ended growth scheme with the objective to target growth of capital by investing in equity/equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation (Generation Next). The scheme will invest in companies that have the following characteristics: 1. Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand identity, thereby enabling choice Birla Sun Life India GenNext Fund - Growth S&P CNX Nifty Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIPisapowerfultoolthatcanhelpyoucreatewealthovertime.Ifyouhadinvestedin BirlaSunLifeIndiaGenNextFund... Investment Period Total Investment (Rs.) Value (Rs.) of SIP in Returns (%)* S&P CNX NIFTY Birla Sun Life India GenNext Fund S&P CNX NIFTY Birla Sun Life India GenNext Fund Since Inception Last 3 years Last 1 year DateofFirstInstallment : September1,25 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Consumer Non Durables Bata India Ltd Dabur India Ltd Marico Ltd. 4.3 ITC Ltd Berger Paints India Ltd Nestle India Ltd Asian Paints Ltd Jubilant Foodworks Ltd..38 Media & Entertainment Sun TV Network Ltd Zee Entertainment Enterprises Ltd HT Media Ltd Television Eighteen India Ltd Television Eighteen India Ltd Partly Paid **.7 D.B. Corp Ltd Year 3 Years Since Inception 9.55 Bajaj Auto Ltd Petroleum Products 4.35 Castrol India Ltd Textile Products 3.98 S. Kumars Nationwide Ltd. 3.1 Raymond Ltd..98 Finance 3.82 India Infoline Ltd Hotels 3.3 Indian Hotels Company Limited 3.3 Consumer Durables 3.12 Bajaj Electricals Ltd Retailing 2.6 Pantaloon Retail (India) Ltd. 2.6 Telecom - Equipment & Accessories 2.48 OnMobile Global Limited 2.48 Software 1.5 Educomp Ltd. 1.5 Diversified 1.32 Hindustan Unilever Ltd Construction 1.14 Sobha Developers Ltd Banks 9.9 Kotak Mahindra Bank Ltd Yes Bank Ltd ING Vysya Bank Ltd ICICI Bank Ltd Auto 8.3 Maruti Suzuki India Ltd Transportation 2.93 Jet Airways India Ltd Telecom-Services 2.65 Bharti Airtel Ltd Pharmaceuticals 2.61 Ranbaxy Laboratories Ltd Cash & Cash Equivalents 8.31 Net receivables / payables 2.42 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.7% Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 28

29 Wealth Creation Birla Sun Life New Millennium Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Atul Penkar Managing Fund Since : September 12, 27 Total Experience : 1 years Date of inception : January 15, 2 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : BSE Teck Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 34.7% Sharpe Ratio : -.21 Beta :.99 A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 1% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies Birla Sun Life New Millennium Fund - Growth BSE Teck Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life New Millennium Fund... Investment Period 1Year 83.8 Total Investment (Rs.) BSE Teck Value (Rs.) of SIP in Returns (%)* Birla Sun Life New Millennium Fund BSE Teck Birla Sun Life New Millennium Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : March1,2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Software 8.45 Infosys Technologies Ltd Tata Consultancy Services Ltd Infotech Enterprises Ltd Wipro Ltd Mphasis Ltd Sasken Communication Technologies Ltd Oracle Financial Services Software Ltd Polaris Software Lab Ltd Patni Computer Systems Ltd HCL Technologies Ltd Core Projects & Technologies Ltd Everonn Education Ltd Years Subex Ltd Megasoft Ltd MindTree Ltd..15 Media & Entertainment 6.97 D.B. Corp Ltd Sun TV Network Ltd Dish TV India Ltd. 1.4 Jagran Prakashan Ltd. 1.7 Magnasound India Ltd. ** Hardware 6.24 Allied Digital Services Ltd Years Since Inception Telecom-Services 1.75 Bharti Airtel Ltd Telecom - Equipment & Accessories 1.72 OnMobile Global Limited 1.72 Cash & Cash Equivalents 4.71 Net receivables / payables Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.% Indicates less than.1 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 29

30 Wealth Creation Birla Sun Life Top 1 Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ajay Argal Managing Fund Since : October 1, 27 Total Experience : 16 years Date of inception : October 24, 25 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : S&P CNX NIFTY Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** :.5% if redeemed / switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. An open-ended growth scheme with the objective to provide medium to longterm capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities of top 1 companies as measured by market capitalization Birla Sun Life Top 1 Fund - Growth S&P CNX Nifty Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Top 1 Fund... Investment Period Total Investment (Rs.) Year 3 Years Since Inception Value (Rs.) of SIP in Returns (%)* S&P CNX NIFTY Birla Sun Life Top 1 Fund S&P CNX NIFTY Birla Sun Life Top 1 Fund Since Inception Last 3 years Last 1 year DateofFirstInstallment : November1,25 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Standard Deviation : 3.54% Sharpe Ratio :.17 Beta :.82 Software Infosys Technologies Ltd Tata Consultancy Services Ltd Wipro Ltd Polaris Software Lab Ltd. 2.7 Banks 12.3 ICICI Bank Ltd HDFC Bank Ltd. 3.2 Axis Bank Ltd State Bank of India 1.88 Oriental Bank of Commerce 1.78 Industrial Capital Goods 9.19 Bharat Heavy Electricals Ltd Crompton Greaves Ltd Bharat Electronics Ltd Siemens Ltd..12 Pharmaceuticals 7.12 Cipla Ltd. 2.3 Dr.Reddys Laboratories Ltd Ranbaxy Laboratories Ltd Sun Pharmaceutical Industries Ltd Petroleum Products 5.76 Reliance Industries Ltd Construction Project 5.69 Larsen & Toubro Ltd Nagarjuna Construction Company Ltd. 2.5 Consumer Non Durables 5.28 ITC Ltd Shree Renuka Sugars Ltd. 1.7 Auto 4.99 Tata Motors Ltd Mahindra & Mahindra Ltd Finance 4.94 Shriram Transport Finance Company Ltd HDFC Ltd Gas 4.2 GAIL India Ltd Gujarat State Petronet Ltd 1.96 Construction 4.3 Housing Development & Infrastructure Ltd 2.18 IVRCL Infrastructures & Projects Ltd Oil 3.13 Oil & Natural Gas Corporation Ltd Telecom-Services 2.55 Bharti Airtel Ltd Power 2.9 PTC India Ltd 2.9 Fertilisers 1.74 Chambal Fertilisers and Chemicals Ltd Media & Entertainment 1.45 Sun TV Network Ltd Cement 1.28 UltraTech Cement Ltd Transportation 1.18 The Great Eastern Shipping Company Ltd 1.18 Ferrous Metals.8 Tata Steel Limited.8 Non - Ferrous Metals.74 Sterlite Industries (India) Ltd..74 Cash & Cash Equivalents 4.71 Net receivables / payables 2.58 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) CRISIL~CPR 2^^ Birla Sun Life Top 1 Fund Large Cap Oriented Equity Schemes (31 Schemes), 2 Yrs ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 3

31 Wealth Creation Birla Sun Life Buy India Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ajay Garg Managing Fund Since : September 12, 27 Total Experience : 15 years Date of inception : January 15, 2 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : BSE 2 Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** :.5% if redeemed / switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 33.61% Sharpe Ratio :.16 Beta :.81 A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 1% equity, focusing on investing in businesses that are driven by India's large population and inherent consumption patterns. The focus of the scheme will be in the consumer and healthcare sectors Birla Sun Life Buy India Fund - Growth BSE 2 Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Buy India Fund... Investment Period Total Investment (Rs.) Value (Rs.) of SIP in Returns (%)* Birla Sun Life BSE 2 BSE 2 Buy India Fund Birla Sun Life Buy India Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : March1,2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Consumer Non Durables E.I.D. Parry (India) Ltd United Spirits Ltd Tata Tea Ltd. 3.4 United Breweries Holdings Ltd Radico Khaitan Ltd ITC Ltd. 2.9 Banks ICICI Bank Ltd State Bank of India 3.92 ING Vysya Bank Ltd Axis Bank Ltd Kotak Mahindra Bank Ltd Pharmaceuticals Glaxosmithkline Pharmaceuticals Ltd. 6.6 Aventis Pharma Ltd Wyeth Ltd Fulford (India) Ltd Finance 7.18 HDFC Ltd India Infoline Ltd Auto 6.7 Maruti Suzuki India Ltd Mahindra & Mahindra Ltd. 2.9 Transportation 5.81 Jet Airways India Ltd Spicejet Ltd Cox & Kings (India) Ltd Hotels 5.32 Taj GVK Hotels & Resorts Ltd Indian Hotels Company Limited 1.61 Vardhaman Hotels Ltd.**.58 Asian Hotels North Ltd.**.58 Chillwinds Hotels Ltd.**.58 Pesticides 5.6 Rallis India Ltd. 5.6 Media & Entertainment 4.75 PVR Ltd Television Eighteen India Ltd UTV Software Communications Ltd..81 ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 2.27% Indicates less than Television Eighteen India Ltd Partly Paid **.54 Magnasound India Ltd. ** Gas 4.73 Indraprastha Gas Ltd Retailing 4.59 Trent Ltd Auto Ancillaries 3.49 Sundaram-Clayton Ltd Telecom-Services 1.81 Bharti Airtel Ltd Construction 1.75 Ackruti City Limited 1.75 Cash & Cash Equivalents.84 Net receivables / payables 1.2 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) CRISIL~CPR 2^^ Birla Sun Life Buy India Fund Diversified Equity Schemes (76 Schemes), 2 Yrs ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 31

32 Wealth Creation Birla Sun Life MNC Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ajay Garg Managing Fund Since : June 18, 29 Total Experience : 15 years Date of inception : December 27, 1999 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : S & P CNX MNC Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 26.85% Sharpe Ratio :.28 Beta :.84 An open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach Systematic Investment SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life MNC Fund... Investment Period 11.8 Total Investment (Rs.) S & P CNX MNC Value (Rs.) of SIP in Returns (%)* Birla Sun Life MNC Fund S & P CNX MNC Birla Sun Life MNC Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : January1,2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Pharmaceuticals Pfizer Ltd Fulford (India) Ltd Glaxosmithkline Pharmaceuticals Ltd Wyeth Ltd Aventis Pharma Ltd..28 Consumer Non Durables Glaxosmithkline Consumer Healthcare Ltd. 4.6 Colgate-Palmolive (India) Ltd Kansai Nerolac Paints Ltd. 3.2 Procter&Gamble Hygiene&Health Care Ltd ITC Ltd Visakha Aqua Farms Ltd** Industrial Capital Goods Honeywell Automation India Ltd Alstom Projects India Ltd Areva T&D India Ltd Siemens Ltd ABB Ltd ICRA Ltd Banks 9.41 ING Vysya Bank Ltd Yes Bank Ltd Auto Ancillaries 7.92 Bosch Ltd Wabco TVS India Ltd 2.86 Federal-Mogul Goetze (India) Ltd Gas 5.9 Gujarat Gas Company Ltd. 5.9 Industrial Products 5.68 Cummins (India) Ltd FAG Bearings India Ltd. 1.9 Software 4.55 Oracle Financial Services Software Ltd Mphasis Ltd Birla Sun Life MNC Fund - Growth S&P CNX MNC 1.9 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Oil 2.2 Cairn India Ltd. 2.2 Construction 1.6 ITD Cementation India Ltd. 1.6 Paper. Jainpur Straw Board & Papers Ltd. ** Textiles - Cotton. Sri Venkatesha Mills Ltd** Textiles - Synthetic. Sree Jayalakshmi Autospin Ltd.** Maruti Cottex Ltd** Cash & Cash Equivalents 1.3 Net receivables / payables.17 Finance 1.99 Auto 4.21 Total Net 1. CRISIL Ltd. 6.8 Maruti Suzuki India Ltd ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.%. Indicates less than.1 Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) CRISIL~CPR 2^^ Birla Sun Life MNC Fund Diversified Equity Schemes (76 Schemes), 2 Yrs ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 32

33 Wealth Creation Birla Sun Life Index Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ajay Garg Managing Fund Since : October 1, 27 Total Experience : 15 years Date of inception : September 18, 22 Nature of the scheme : An Open-ended Index Linked Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 Working days Systematic Withdrawal : Not Available Systematic Transfer : Not Available Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : S&P CNX NIFTY Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** :.5% if redeemed / switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 35.92% Sharpe Ratio :.13 Beta :.98 An open-ended index-linked growth scheme with the objective to generate returns commensurate with the performance of Nifty subject to tracking errors Birla Sun Life Index Fund - Growth S&P CNX Nifty Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Index Fund... Investment Period Total Investment (Rs.) S&P CNX NIFTY Value (Rs.) of SIP in Returns (%)* Birla Sun Life Index Fund S&P CNX NIFTY Birla Sun Life Index Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : October1,22 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Banks ICICI Bank Ltd. 5.2 HDFC Bank Ltd. 3.6 State Bank of India 2.63 Axis Bank Ltd Punjab National Bank.62 Software 9.89 Infosys Technologies Ltd Tata Consultancy Services Ltd Wipro Ltd. 1.4 HCL Technologies Ltd..4 Petroleum Products 8.93 Reliance Industries Ltd Bharat Petroleum Corporation Ltd..38 Construction Project 4.85 Larsen & Toubro Ltd Finance 4.5 HDFC Ltd IDFC Ltd..77 Reliance Capital Ltd..46 Auto 3.88 Mahindra & Mahindra Ltd. 1.6 Maruti Suzuki India Ltd. 1. Tata Motors Ltd. 1. Hero Honda Motors Ltd Ferrous Metals 3.73 Tata Steel Ltd Jindal Steel & Power Ltd Steel Authority of India Ltd..66 Power 3.24 Tata Power Company Ltd. 1.2 NTPC Ltd..91 Reliance Infrastructure Ltd..73 Power Grid Corporation of India Ltd..32 Reliance Power Ltd..26 Industrial Capital Goods 3.14 Bharat Heavy Electricals Ltd Siemens Ltd..53 ABB Ltd..42 Suzlon Energy Ltd..27 Consumer Non Durables 3.11 ITC Ltd Telecom - Services 2.81 Bharti Airtel Ltd Reliance Communications Ltd..55 Idea Cellular Ltd..5 Non - Ferrous Metals 2.72 Sterlite Industries India Ltd Hindalco Industries Ltd. 1.9 Cement 2.66 Grasim Industries Ltd Jaiprakash Associates Ltd..78 ACC Ltd..48 Ambuja Cements Ltd..45 Oil 2.54 Oil & Natural Gas Corporation Ltd Cairn India Ltd..59 Pharmaceuticals 1.79 Cipla Ltd..83 Sun Pharmaceutical Industries Ltd..6 Ranbaxy Laboratories Ltd..37 Diversified 1.28 Hindustan Unilever Ltd Construction 1.6 DLF Ltd..56 Unitech Ltd..5 Gas.93 GAIL (India) Ltd..93 Future and Options 22.1 CNX Nifty Future Mar Cash & Cash Equivalents Net receivables / payables Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 33

34 Wealth Creation Birla Sun Life India Opportunities Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small An open-ended growth scheme with the objective to achieve superior long-term growth of capital by investing in shares of companies that do one or more of the following: Leverage India's intellectual capital for providing services, research and creative inputs; Seek to use current and impending changes in patent laws / import tariffs / quotas to supply goods and services; Leverage India's lower labour costs for providing services and manufactured goods; Leverage India's large population of English speaking people for providing services. Fund Manager : Mr. Atul Penkar Managing Fund Since : September 12, 27 Total Experience : 1 years Date of inception : December 27, 1999 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : S & P CNX 5 Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** :.5% if redeemed / switched out within 7 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment Birla Sun Life India Opportunities Fund - Growth S&P CNX 5 Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life India Opportunities Fund... Investment Period Total Investment (Rs.) Year Years 5 Years Since Inception Value (Rs.) of SIP in Returns (%)* S & P CNX 5 Birla Sun Life India S & P CNX 5 Opportunities Fund Birla Sun Life India Opportunities Fund Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : January1,2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Standard Deviation : 35.42% Sharpe Ratio : -.14 Beta :.84 Software Infosys Technologies Ltd Tata Consultancy Services Ltd Wipro Ltd Infotech Enterprises Ltd MindTree Ltd. 2.7 Mphasis Ltd Polaris Software Lab Ltd Patni Computer Systems Ltd Sasken Communication Technologies Ltd Core Projects & Technologies Ltd Collabera Pvt. Ltd. ** Industrial Capital Goods Honeywell Automation India Ltd Crompton Greaves Ltd AIA Engineering Ltd. 2.1 Pharmaceuticals 5.13 Dr.Reddys Laboratories Ltd. 2. Aurobindo Pharma Ltd 1.91 Aventis Pharma Ltd Industrial Products 4.45 Cummins (India) Ltd Sintex Industries Ltd Sree Rama Polymers Ltd** Hardware 4.44 Allied Digital Services Ltd Non - Ferrous Metals 4.32 Hindustan Zinc Ltd 2.27 Sterlite Industries (India) Ltd. 2.5 Power 3.1 KEC International Ltd. 3.1 Finance 2.73 CRISIL Ltd Auto Ancillaries 2.49 Apollo Tyres Ltd Construction Project 2.33 Voltas Ltd Telecom - Equipment & Accessories 1.46 OnMobile Global Limited 1.46 Ferrous Metals 1.26 Welspun Gujarat Stahl Rohren Ltd Consumer Non Durables. Oriqua Ltd ** Paper. Jainpur Straw Board & Papers Ltd. ** Media & Entertainment. Magnasound India Ltd. ** Cash & Cash Equivalents 7.1 Net receivables / payables 2.5 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) Petroleum Products 4.75 Reliance Industries Ltd Minerals/Mining 1.75 Sesa Goa Ltd ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.% Indicates less than.1 CRISIL~CPR 2^^ Birla Sun Life India Opportunities Fund - Plan B Diversified Equity Schemes (76 Schemes), 2 Yrs ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 34

35 Wealth Creation Birla Sun Life Dividend Yield Plus As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ankit Sancheti Managing Fund Since : November 3, 27 Total Experience : 11 years Date of inception : February 26, 23 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : S & P CNX 5 Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 32.98% Sharpe Ratio :.47 Beta :.77 An open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield Birla Sun Life Dividend Yield Plus - Growth S & P CNX 5 Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Dividend Yield Plus... Investment Period Total Investment (Rs.) Value (Rs.) of SIP in Returns (%)* Birla Sun Life S & P CNX 5 S & P CNX 5 Dividend Yield Plus Birla Sun Life Dividend Yield Plus Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : March1,23 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Consumer Non Durables Glaxosmithkline Consumer Healthcare Ltd E.I.D. Parry (India) Ltd Procter&Gamble Hygiene&Health Care Ltd Kansai Nerolac Paints Ltd Colgate-Palmolive (India) Ltd ICI India Ltd United Spirits Ltd Berger Paints India Ltd..97 Goodricke Group Ltd..13 Banks The South Indian Bank Ltd Andhra Bank 2.85 Corporation Bank 2.53 Oriental Bank of Commerce 2.32 Allahabad Bank 1.65 The Jammu And Kashmir Bank Ltd 1.2 ICICI Bank Ltd. 1.1 Pharmaceuticals 9.27 Wyeth Ltd Glaxosmithkline Pharmaceuticals Ltd. 3.7 Pfizer Ltd. 1.4 Petroleum Products 5.74 Castrol India Ltd Hindustan Petroleum Corporation Ltd. 2. Indian Oil Corporation Ltd Power 5.71 KEC International Ltd. 3.6 Gujarat Industries Power Company Ltd Ferrous Metals 5.7 Tata Sponge Iron Ltd Tata Steel Limited 1.69 PSL Ltd Finance 4.91 Rural Electrification Corporation Ltd India Infoline Ltd LIC Housing Finance Ltd..69 Industrial Products 4.34 Cummins (India) Ltd Cosmo Films Ltd..94 ESAB India Ltd..24 Kirloskar Brothers Ltd..17 Gas 3.64 Indraprastha Gas Ltd GAIL India Ltd Industrial Capital Goods 3.4 Apar Industries Ltd Elecon Engineering Company Ltd..85 Thermax Ltd..81 Fertilisers 3.28 Chambal Fertilisers and Chemicals Ltd Tata Chemicals Ltd Oil 3.25 Oil & Natural Gas Corporation Ltd Auto 2.96 Bajaj Auto Ltd. 2.1 Ashok Leyland Ltd..87 Consumer Durables 2.8 Bajaj Electricals Ltd Software i Infotech Ltd HCL Technologies Ltd. 1.6 Sasken Communication Technologies Ltd..3 Paper 2.5 Tamil Nadu Newsprint & Papers Ltd Ballarpur Industries Ltd..76 Media & Entertainment 1.41 Jagran Prakashan Ltd Auto Ancillaries 1.14 Goodyear India Ltd Construction.85 Indiabulls Real Estate Ltd..85 Transportation.76 Gateway Distriparks Ltd..76 Cement.73 Kesoram Industries Ltd..73 Diversified.62 Hindustan Unilever Ltd..62 Cash & Cash Equivalents 4.9 Net receivables / payables Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) Value Research Rating Birla Sun Life Dividend Yield Plus Equity Diversified (155 Schemes), for 3 & 5 Years periods ending 28-Feb-1 CRISIL~CPR 2^^ Birla Sun Life Dividend Yield Plus Diversified Equity Schemes - Equity ( 76 Schemes), 2 Yrs ended 31-Dec-9 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 35

36 Wealth Creation Birla Sun Life '95 Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : February 1, 1995 Nature of the scheme : An Open-ended Balanced Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : CRISIL Balanced Fund Index Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : Standard Deviation : 28.1% Sharpe Ratio :.39 Small Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) An open-ended balanced scheme with the objective of long term growth of capital and current income, through a portfolio of equity and fixed income securities Birla Sun Life 95 Fund - Growth Crisil Balanced Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. SIPisapowerfultoolthatcanhelpyoucreatewealthovertime. Ifyouhadinvestedin BirlaSunLife '95Fund... Investment Period Total Investment (Rs.) Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : April1,1995 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Rating Banks 9.17 ICICI Bank Ltd Axis Bank Ltd HDFC Bank Ltd Allahabad Bank 1.92 Consumer Non Durables 7.19 Nestle India Ltd ITC Ltd Marico Ltd. 1.9 Dabur India Ltd. 1.4 Godrej Consumer Products Ltd. 1. United Breweries Holdings Ltd..75 Kansai Nerolac Paints Ltd..4 Software 6.5 Infosys Technologies Ltd HCL Technologies Ltd Wipro Ltd Everonn Education Ltd..77 Power 5.35 Torrent Power Ltd KSK Energy Ventures Ltd Kalpataru Power Transmission Ltd..96 KEC International Ltd..66 Jyoti Structures Ltd..59 GVK Power & Infrastructure Ltd..58 Pharmaceuticals 4.48 Lupin Ltd Aurobindo Pharma Ltd Aventis Pharma Ltd..74 Dr.Reddys Laboratories Ltd..4 Sun Pharmaceutical Industries Ltd..39 Divis Laboratories Ltd..38 Industrial Capital Goods 4.12 Crompton Greaves Ltd Thermax Ltd AIA Engineering Ltd..7 Honeywell Automation India Ltd..56 Finance 3.78 Shriram Transport Finance Company Ltd Housing Development Finance Corporation Ltd. 1.6 India Infoline Ltd..88 LIC Housing Finance Ltd..49 Pesticides 3.45 Rallis India Ltd Retailing 3.1 Trent Ltd. 3.1 PSU/PFI Bonds/Banks 2.88 IDBI Bank Ltd.** 2.88 AA+ Gas 2.72 Gujarat Gas Company Ltd. 1.6 Systematic Investment CRISIL Balanced Fund Index Other Cash & Current AA Sovereign Birla Sun Life '95 Fund 1.87% 2.88% Rating Profile 29.16% Value (Rs.) of SIP in Returns (%)* CRISIL Balanced Fund Index 66.9% Birla Sun Life '95 Fund Rating GAIL India Ltd..69 Indraprastha Gas Ltd..64 Gujarat State Petronet Ltd..33 Construction Project 2.59 Voltas Ltd. 1.2 Larsen & Toubro Ltd..72 Lanco Infratech Ltd..66 Non - Ferrous Metals 2.27 Hindustan Zinc Ltd Sterlite Industries (India) Ltd..75 Petroleum Products 2.11 Reliance Industries Ltd Government Bond % CGL Sovereign Minerals/Mining 1.69 Nava Bharat Ventures Ltd. 1.3 Sesa Goa Ltd..39 Consumer Durables 1.2 Bajaj Electricals Ltd. 1.2 Transportation.87 Cox & Kings (India) Ltd..87 Trading.75 Adani Enterprises Ltd..75 Cement.64 Jaiprakash Associates Ltd..64 Ferrous Metals.63 Steel Authority of India Ltd..63 Construction.63 Patel Engineering Ltd..33 Ackruti City Ltd..3 Industrial Products.6 Max India Ltd..6 Media & Entertainment.39 ETC Networks Ltd..39 Magnasound India Ltd. ** Diversified.31 Bombay Burmah Trading Corporation Ltd..31 Future and Options 2.2 CNX Nifty Futures Mar Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 2.88% Indicates less than.1 CRISIL~CPR 2^^ Birla Sun Life 95 Fund Consistent CPR Performer- Balanced (14 Schemes), 5 years ended 31-Dec-9 CRISIL~CPR 2^^ Birla Sun Life 95 Fund Hybrid Equity - Oriented (19 Schemes), 2 years ended 31-Dec-9 Value Research Rating Birla Sun Life 95 Fund Hybrid Equity-Oriented (3 Schemes),for 3 & 5 years periods ending 28-Feb-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 36

37 Wealth Creation Birla Sun Life Freedom Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Maneesh Dangi & Mr. Vineet Maloo Managing Fund Since : April 2, 29 Total Experience : 1 years & 5 years Date of inception : October 12, 1999 Nature of the scheme : An Open-ended Balanced Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : CRISIL Balanced Fund Index Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : Standard Deviation : 19.64% Sharpe Ratio :.5 Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) An open-ended balanced scheme with an objective to balance income requirements with growth of capital through a balance mix of investments in equity and debt at relatively moderate levels of risks through a diversified research based investment approach Birla Sun Life Freedom Fund - Growth Crisil Balanced Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. 6 5 SIPisapowerfultoolthatcanhelpyoucreatewealthovertime. Ifyouhadinvestedin BirlaSunLifeFreedomFund... Investment Period Total Investment (Rs.) CRISIL Balanced Fund Index Since Inception Last 5 years Last 3 years Last 1 year DateofFirstInstallment : November1,1999 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Rating Petroleum Products 9.27 Reliance Industries Ltd Indian Oil Corporation Ltd Hindustan Petroleum Corporation Ltd. 1.2 Bharat Petroleum Corporation Ltd..68 Software 7.39 Infosys Technologies Ltd Tata Consultancy Services Ltd Wipro Ltd..75 Mphasis Ltd..37 HCL Technologies Ltd..29 Collabera Pvt. Ltd. ** Banks 6.99 HDFC Bank Ltd ICICI Bank Ltd Axis Bank Ltd State Bank of India.97 Andhra Bank.33 Construction Project 5.26 Larsen & Toubro Ltd Nagarjuna Construction Company Ltd Finance 4.43 Housing Development Finance Corporation Ltd Shriram Transport Finance Company Ltd..56 Reliance Capital Ltd..34 Infrastructure Development Finance Company.2 Auto 3.91 Maruti Suzuki India Ltd Tata Motors Ltd. 1.4 Hero Honda Motors Ltd..7 Mahindra & Mahindra Ltd..2 Oil 3.73 Cairn India Ltd Oil & Natural Gas Corporation Ltd Oil India Ltd..49 Telecom-Services 3.44 Bharti Airtel Ltd Idea Cellular Ltd..45 Non - Ferrous Metals 3.24 Hindalco Industries Ltd Hindustan Zinc Ltd 1.51 Industrial Capital Goods 3.14 Bharat Heavy Electricals Ltd. 1.5 Suzlon Energy Ltd..8 ABB Ltd..44 Siemens Ltd..39 Power 3.2 Tata Power Company Ltd NTPC Ltd..66 Other Cash & Current Sovereign AAA Systematic Investment Value (Rs.) of SIP in Returns (%)* Birla Sun Life Freedom Fund 1.82%.28% Rating Profile CRISIL Balanced Fund Index 48.56% 49.34% Birla Sun Life Freedom Fund Rating Reliance Infrastructure Ltd..52 Power Grid Corporation of India Ltd..46 Kalpataru Power Transmission Ltd..6 Ferrous Metals 2.93 Jindal Steel & Power Ltd Steel Authority of India Ltd..72 Welspun Gujarat Stahl Rohren Ltd..59 Tata Metaliks Ltd..31 Maharashtra Seamless Ltd..12 Gas 2.81 GAIL India Ltd Gujarat State Petronet Ltd 1.12 Cement 2.77 Grasim Industries Ltd Mangalam Cement Ltd..9 Kesoram Industries Ltd..55 Consumer Non Durables 2.36 ITC Ltd ICI India Ltd..49 Government Bond % OIL COMP GOI BONDS Sovereign Pharmaceuticals 1.31 Sun Pharmaceutical Industries Ltd..66 Cipla Ltd..63 Ranbaxy Laboratories Ltd..2 Consumer Durables 1.13 Bajaj Electricals Ltd Minerals/Mining.76 Gujarat NRE Coke Ltd..76 Diversified.44 Hindustan Unilever Ltd..44 Corporate Debt.28 HDFC Bank Ltd.**.28 AAA Construction.15 Unitech Ltd..15 IT Consulting & Services. Globsyn Technologies Ltd. Future and Options Rural Electrification Corporation Ltd.Fut Mar CNX Nifty Futures Mar Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.28% Indicates less than.1 37

38 Wealth Creation Birla Sun Life Asset Allocation Fund As on February 28, 21 Credit Quality High Low Interest rate sensitivity High Low Fund Manager : Mr. Satyabrata Mohanty Managing Fund Since : June 18, 29 Total Experience : 12 years Date of inception : February 24, 24 Nature of the scheme : An Open-ended Fund of Funds Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Aggressive Plan Dividend : (Payout & Reinvestment) Growth : Conservative Plan Dividend : (Payout & Reinvestment) Growth : Moderate Plan Dividend : (Payout & Reinvestment) Growth : Benchmark Aggressive Plan : S&P CNX NIFTY Moderate Plan : CRISIL Balanced Fund Index Conservative Plan : CRISIL MIP Blended Index Average AUM Aggressive Plan : Rs Crores Conservative Plan : Rs Crores Moderate Plan : Rs Crores Load Structure Exit Load : Nil Standard Deviation Aggressive Plan : 24.41% Conservative Plan : 7.% Moderate Plan : 18.5% An open-ended Fund of Funds scheme with the objective to provide income and capital appreciation along with diversification by investing in a basket of debt and equity Mutual Fund schemes in line with the risk profile of the investors. - Aggressive Plan Birla Sun Life AAF Aggressive Plan - Growth S & P CNX Nifty Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. - Aggressive Plan Mutual Fund Units Birla Sun Life cap Fund - Growth 2.77 Birla Sun Life Dynamic Bond Fund - Growth Birla Sun Life MNC Fund - Growth Birla Sun Life India Opportunities Fund - Growth 14.5 Birla Sun Life Buy India Fund - Growth 14.4 Birla Sun Life Index Fund - Growth 13.1 Birla Sun Life Income Fund - Growth 3.73 Birla Sun Life Short Term Fund - Growth 2.67 Birla Sun Life Gilt Plus Inv - Growth.63 Cash & Cash Equivalents Conservative Plan Birla Sun Life AAF Conservative Plan - Growth Crisil MIP Blended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more Birla Sun Life AAF Moderate Plan - Growth Crisil Balanced Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. - Moderate Plan Moderate Plan Mutual Fund Units Birla Sun Life Dynamic Bond Fund - Growth Birla Sun Life cap Fund - Growth 16.1 Birla Sun Life Index Fund - Growth Birla Sun Life Income Plus Fund - Growth 8.24 Birla Sun Life Buy India Fund - Growth 7.81 Birla Sun Life India Opportunities Fund - Growth 5.75 Birla Sun Life MNC Fund - Growth 5. Birla Sun Life Income Fund - Growth 2.79 Birla Sun Life Short Term Fund - Growth 2.53 Cash & Cash Equivalents 3.11 Net receivables / payables.2 Total Net 1. Net receivables / payables -.6 Total Net 1. - Conservative Plan Mutual Fund Units Birla Sun Life Dynamic Bond Fund - Growth 4.7 Birla Sun Life Short Term Fund - Growth Birla Sun Life Income Plus Fund - Growth Birla Sun Life cap Fund - Growth 8.16 Birla Sun Life Index Fund - Growth 4.48 Birla Sun Life MNC Fund - Growth 4.38 Birla Sun Life India Opportunities Fund - Growth 4.16 Birla Sun Life Income Fund - Growth 3.77 Cash & Cash Equivalents 2.9 Net receivables / payables 1.88 Total Net 1. Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer 9 Winner of Best Fund - 3 yrs performance Lipper Awards India 29 Birla Sun Life Asset Allocation Fund - Growth Mixed Asset INR Balanced, (7 schemes) 3 Yrs Performance (25-28) & Value Research Rating Birla Sun Life AAF - Aggressive Equity Diversified(155 Schemes),for 3 & 5 years periods ended 28-Feb-1 Value Research Rating Birla Sun Life AAF - Conservative Hybrid: Debt-oriented(17 Schemes),for 3 & 5 years periods ended 28-Feb-1 Value Research Rating Birla Sun Life AAF - Moderate Hybrid: Equity-oriented(3 Schemes),for 3 & 5 years periods ended 28-Feb-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 51 38

39 Wealth Creation Birla Sun Life Special Situations Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Sanjay Chawla Managing Fund Since : September 2, 28 Total Experience : 22 years Date of inception : February 28, 28 Nature of the scheme : An Open-ended Diversified Equity Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 business days Plans / Options & NAV (As on February 26, 21) Dividend : 9.19 (Payout, Reinvestment & Sweep) Growth : 9.19 Benchmark : BSE 2 Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 37.49% Sharpe Ratio :.52 Beta :.92 An open-ended diversified equity scheme with an objective of the scheme is to generate long-term growth of capital by investing in a portfolio of equity and equity related securities. The Scheme would follow an investment strategy that would take advantage of Special Situations & Contrarian investment style Birla Sun Life Special Situations Fund - Growth BSE 2 Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Special Situations Fund... Investment Period Year Total Investment (Rs.) Value (Rs.) of SIP in Returns (%)* BSE 2 Birla Sun Life Special BSE 2 Situations Fund Birla Sun Life Special Situations Fund Since Inception Last 1 year DateofFirstInstallment : April1,28 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Software 9.52 Oracle Financial Services Software Ltd Patni Computer Systems Ltd. 3.8 Core Projects & Technologies Ltd. 2.7 Power 8.47 Tata Power Company Ltd PTC India Ltd 2.44 CESC Ltd NTPC Ltd..65 Banks 7.85 ICICI Bank Ltd HDFC Bank Ltd Consumer Non Durables 5.69 Dabur India Ltd Triveni Engineering & Industries Ltd Industrial Capital Goods 5.6 Crompton Greaves Ltd Bharat Heavy Electricals Ltd Industrial Products 5.59 Sintex Industries Ltd. 3.9 Bharat Forge Ltd Jain Irrigation Systems Ltd Non - Ferrous Metals 5.34 Sterlite Industries (India) Ltd Hindalco Industries Ltd. 1.5 Pharmaceuticals 4.98 Ranbaxy Laboratories Ltd Media & Entertainment 4.41 Sun TV Network Ltd Balaji Telefilms Ltd Television Eighteen India Ltd. 1.8 Television Eighteen India Ltd Partly Paid **.17 Auto 3.85 Tata Motors Ltd Mahindra & Mahindra Ltd Finance 3.85 Shriram Transport Finance Company Ltd Diversified 2.75 Aditya Birla Nuvo Ltd Ferrous Metals 2.68 Welspun Gujarat Stahl Rohren Ltd Since Inception Telecom - Equipment & Accessories 2.16 OnMobile Global Limited 2.16 Construction Project 1.95 Punj Lloyd Ltd Textile Products 1.79 Raymond Ltd Hardware 1.7 Allied Digital Services Ltd. 1.7 Chemicals 1.46 Solar Industries India Ltd Retailing 1.12 Pantaloon Retail (India) Ltd Auto Ancillaries.65 Goodyear India Ltd..65 Cash & Cash Equivalents 1.64 Net receivables / payables.13 Petroleum Products 5.44 Reliance Industries Ltd Paper 2.36 Ballarpur Industries Ltd Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. The fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 39

40 Wealth Creation Birla Sun Life Commodity Equities Fund As on February 28, 21 Fund Manager : Mr. Ankit Sancheti and Mr. Vineet Maloo Managing Fund Since : Since Inception Total Experience : 11 years / 5 Years Date of inception : November 7, 28 Nature of the scheme : An Open-ended Growth Scheme Default option : Default Plan: Retail Plan Default Option: Growth Default Facility: Dividend Reinvestment Retail Plan Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Institutional Plan Fresh Purchase : Rs. 5,,,/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Global Agri Plan Retail Plan Dividend : (Payout, Reinvestment & Sweep) Growth : Global Multi Commodity Plan Retail Plan Dividend : (Payout, Reinvestment & Sweep) Growth : Global Precious Metals Plan Retail Plan Dividend : 11.3 (Payout, Reinvestment & Sweep) Growth : 11.3 Benchmark (for all plans) : Global Agri business index MSCI World index Dow Jones Precious Metals Index Average AUM Global Agri Plan : Rs Crores Global Multi Commodity Plan : Rs Crores Global Precious Metals Plan : Rs Crores Load Structure (Incl for SIP) Exit Load** : 3% if redeemed / switched out within 3 days from the date of. For redemption/switchout of units after 3 days but before 365 days from the date of : 1.% of applicable NAV. For redemption/switch-out of units after 365 days from the date of : Nil. **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Global Agri Plan Standard Deviation : 17.58% Sharpe Ratio :.34 Beta :.53 Global Multi Commodity Plan Standard Deviation : 16.11% Sharpe Ratio :.17 Beta :.32 Global Precious Metals Plan Standard Deviation : 3.77% Sharpe Ratio :.1 Beta :.61 An Open ended Growth Scheme with the objective to offer long term growth of capital, by investing in (1) stocks of commodity companies, i.e., companies engaged in or focusing on the specified commodity business and/or (2) overseas mutual fund scheme(s), that have similar investment objectives. These securities could be in India or overseas. (Global Agri Plan) (Global Precious Metals Plan) (Global Multi Commodity Plan) Year Since Inception 1Year Since Inception 1Year Since Inception Birla Sun Life Commodity Equities Fund - Global Agri business index Birla Sun Life Commodity Equities Fund - Dow Jones Precious Birla Sun Commodity Fund - MSCI World Life Equities index Global Agri Plan Retail - Growth Global Precious Metal - Retail Growth Metal Index Global Multi commodity - Retail Growth Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year. Foreign Equity 97.5 Potash Corp of Saskatchewan Inc 6.77 Terra Industries Inc 5.19 Deere & Co 4.84 CF Industries Holdings Inc 4.84 Mosaic Co 4.65 FMC Corp 4.24 Bunge Ltd 4.9 Cosan Ltd 4.1 Agrium Inc 3.86 AGCO Corp 3.73 Intrepid Potash Inc 3.2 Agriculture Potash Corp of Saskatchewan Inc 3.35 Terra Industries Inc 2.56 Deere & Co 2.38 Agrium Inc 2.35 CF Industries Holdings Inc 2.2 Mosaic Co 2.19 Cosan Ltd 2.9 Bunge Ltd 1.91 FMC Corp 1.63 Yara International ASA 1.82 Energy Occidental Petroleum Corp 3.2 Chevron Corp 2.94 Transocean Ltd 2.85 Anadarko Petroleum Corp 2.78 Apache Corp 2.72 Chesapeake Energy Corp 2.68 Noble Corp 2.52 Halliburton Co 2.5 (Global Multi Commodity Plan) Schlumberger Ltd 2.43 Petroleo Brasileiro SA 2.59 Industrial metal 16.6 Freeport-McMoRan Copper & Gold Inc 2.16 Cliffs Natural Resources Inc 1.82 Vale SA 1.5 Kazakhmys PLC 1.54 Anglo American PLC 1.48 Vedanta Resources PLC 1.42 Xstrata PLC 1.39 ArcelorMittal 2.82 First Quantum Minerals Ltd 1.31 Teck Resources Ltd 1.16 Precious metal Barrick Gold Corp 2.29 Newmont Mining Corp 1.93 Goldcorp Inc 1.82 Agnico-Eagle Mines Ltd 1.76 Yamana Gold Inc 1.71 (Global Agri Plan) Noble Group Ltd 3.8 Indofood Agri Resources Ltd 2.91 Olam International Ltd 2.25 Cosan Sa Industria E Comercio 3.17 Marfrig Alimentos SA 2.71 BRF - Brasil Foods SA 2.16 K+S AG 3.42 GEA Group AG 2.84 China Agri-Industries Holdings Ltd 2.94 Sinofert Holdings Ltd 1.95 GrainCorp Ltd 2.57 AWB LTD 2. Yara International ASA 3.79 Syngenta AG 2.9 Viterra Inc 2.68 Israel Chemicals Ltd 2.55 Kubota Corp 2.18 Namhae Chemical Corp 2.13 Cash & Cash Equivalents 2.65 Net receivables / payables -.15 Total Net 1. Silver Wheaton Corp 1.57 Kinross Gold Corp 1.52 Hecla Mining Co 1.4 IAMGOLD Corp 1.36 Randgold Resources Ltd 1.9 Water 3.23 ITT Corp.44 Pall Corp.41 IDEX Corp.38 Pentair Inc.35 United Utilities Group PLC.33 Cia de Saneamento Basico do Estado de Sao Paulo.42 Geberit AG.52 Veolia Environnement.39 Cash & Cash Equivalents Net receivables / payables 1.29 Total Net 1. (Global Precious Metals Plan) Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. The fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) Foreign Equity Barrick Gold Corp 5.53 Goldcorp Inc 4.69 Newmont Mining Corp 4.6 Yamana Gold Inc 4.16 Kinross Gold Corp 3.8 Agnico-Eagle Mines Ltd 3.78 Hecla Mining Co 3.75 Cia de Minas Buenaventura SA 3.71 Golden Star Resources Ltd 3.62 IAMGOLD Corp 3.62 AngloGold Ashanti Ltd 3.5 Eldorado Gold Corp 3.37 Silver Wheaton Corp 3.33 Randgold Resources Ltd 3.22 Gold Fields Ltd 2.94 Pan American Silver Corp 2.81 Northgate Minerals Corp 2.78 Royal Gold Inc 2.76 Harmony Gold Mining Co Ltd 2.52 Aquarius Platinum Ltd 3.2 Petropavlovsk Plc 2.81 Johnson Matthey PLC 2.28 Centerra Gold Inc 3.73 Gammon Gold Inc 3.25 Newcrest Mining Ltd 2.48 Lihir Gold Ltd 2.3 PanAust Ltd 1.71 Eldorado Gold Corp. Impala Platinum Holdings Ltd 3.1 Umicore 2.23 Cash & Cash Equivalents Net receivables / payables 9.12 Total Net 1. 4

41 Wealth Creation Birla Sun Life International Equity Fund - Plan A As on February 28, 21 Fund Manager : Mr. Mahesh Patil & Mr. Vineet Maloo Managing Fund Since : Since Inception Total Experience : 2 years / 5 years Date of inception : November 3, 27 Nature of the scheme : An Open-ended Diversified Equity Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : 8.36 (Payout, Reinvestment & Sweep) Growth : 8.36 Benchmark : S&P Global 12 Average AUM : Rs Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 12.35% Sharpe Ratio :.28 Beta :.63 Anopen-ended diversifiedequityschemewithanobjectivetogeneratelong-termgrowthofcapital, byinvestingpredominantly inadiversified portfolio of equity and equity related securities in the international markets Birla Sun Life International Equity Fund Plan A - Growth S&P Global 12 Systematic Investment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan A... Investment Period Year Total Investment (Rs.) S&P Global 12 Value (Rs.) of SIP in Returns (%)* Birla Sun Life International Equity Fund - Plan A Since Inception S&P Global 12 Birla Sun Life International Equity Fund - Plan A Since Inception Last 1 year DateofFirstInstallment : December1,27 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Foreign Equity United States of America Pride International Inc 4.84 Teva Pharmaceutical Industries Ltd 4.54 Northrop Grumman Corp 4.9 Itau Unibanco Holding SA 3.95 Taiwan Semiconductor Manufacturing Co Ltd 3.95 Noble Corp 3.38 Cognizant Technology Corp 2.91 Microsoft Corp 2.7 Wal-Mart Stores Inc 2.67 Coca-Cola Co 2.66 Oracle Corp 2.45 Coach Inc 2.4 Foster Wheeler AG 2.37 Abercrombie & Fitch Co 2.26 Snap-On Inc 2.26 Chubb Corp 1.98 POSCO 1.97 Aetna Inc 1.88 Aeropostale Inc 1.8 Exxon Mobil Corp 1.78 Accenture PLC 1.45 Hewlett-Packard Co 1.43 International Business Machines Corp 1.35 Travelers Cos Inc/The 1.34 BMC Software Inc 1.29 Banco Santander SA 1.4 Seahawk Drilling Inc.24 Hong Kong China Construction Bank Corp 4.24 Wharf Holdings Ltd 4.21 Industrial & Commercial Bank of China Asia Ltd 3.61 China Oilfield Services Ltd 2.52 MTR Corp 2.37 Jiangsu Expressway Co Ltd 1.67 Shenzhen Expressway Co Ltd.75 Switzerland 5.11 Roche Holding AG 2.76 Nestle SA 2.35 Norway 4.13 Statoil ASA 4.13 Germany 3.72 Bayer AG 2.8 ThyssenKrupp AG.92 United Kingdom 3.1 CRH PLC 2.2 Centrica PLC 1.8 Netherlands 2.9 Akzo Nobel NV 2.9 Spain 1.56 Iberdrola SA 1.56 France 1.37 Air Liquide SA 1.37 Denmark 1.19 Carlsberg A/S 1.19 Cash & Cash Equivalents 4.63 Net receivables / payables Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. The fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 41

42 Wealth Creation Birla Sun Life International Equity Fund - Plan B As on February 28, 21 Fund Manager : Mr. Mahesh Patil & Mr. Vineet Maloo Managing Fund Since : Since inception Total Experience : 2 years / 5 years Date of inception : November 3, 27 Nature of the scheme : An Open-ended Diversified Equity Scheme Default option : Dividend Reinvestment Fresh Purchase : Rs. 5/- Additional Purchase : Rs. 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on February 26, 21) Dividend : 8.43 (Payout, Reinvestment & Sweep) Growth : 8.43 Benchmark : Customised Index Average AUM : Rs Crores A customized benchmark created using BSE 2 to the extent of 65% of portfolio and S&P Global 12 to the extent of 35% of portfolio. Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit / Entry Load is NIL for units in Bonus & Dividend Reinvestment. Standard Deviation : 26.79% Sharpe Ratio :.55 Beta :.89 Anopen-ended diversifiedequityschemewithanobjectivetogeneratelong-termgrowthofcapital, byinvestingpredominantlyinadiversified portfolio of equity and equity related securities in the domestic and international markets Birla Sun Life International Equity Fund Plan B - Growth Customized Index+ Systematic Investment A customized benchmark created using BSE 2 to the extent of 65% of portfolio and S&P Global 12 to the extent of 35% of Portfolio. Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan B... Investment Period Year Total Investment (Rs.) Customised Index Value (Rs.) of SIP in Returns (%)* Birla Sun Life International Equity Fund - Plan B Since Inception Customised Index Birla Sun Life International Equity Fund - Plan B Since Inception Last 1 year DateofFirstInstallment : December1,27 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) A customized benchmark created using BSE 2 to the extent of 65% of portfolio and S&P Global 12 to the extent of 35% of portfolio. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. The fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) Foreign Equity United States of America Sterlite Industries (India) Ltd - Ads 2.7 Coca-Cola Co 1.5 Itau Unibanco Holding SA 1.4 Taiwan Semiconductor Manufacturing Co Ltd 1. Pride International Inc.99 Teva Pharmaceutical Industries Ltd.94 Noble Corp.88 Northrop Grumman Corp.84 Microsoft Corp.82 Oracle Corp.74 Coach Inc.69 Foster Wheeler AG.66 Snap-On Inc.63 Abercrombie & Fitch Co.63 Aetna Inc.6 POSCO.57 Wal-Mart Stores Inc.55 Aeropostale Inc.5 Chubb Corp.47 Exxon Mobil Corp.46 Seahawk Drilling Inc.5 Hong Kong 4.95 Wharf Holdings Ltd 1.11 MTR Corp 1.1 Industrial & Commercial Bank of China Asia Ltd.95 China Construction Bank Corp.87 China Oilfield Services Ltd.66 Jiangsu Expressway Co Ltd.34 China Mobile Ltd Switzerland 1.56 Roche Holding AG.85 Nestle SA.71 Germany 1.35 Bayer AG 1.9 ThyssenKrupp AG.26 United Kingdom 1.19 Centrica PLC.62 CRH PLC.58 Norway.98 Statoil ASA.84 Renewable Energy Corp ASA.14 Netherlands.75 Akzo Nobel NV.75 Denmark.32 Carlsberg A/S.32 Spain.32 Iberdrola SA.32 Domestic Equity 66.9 Banks 1.62 ICICI Bank Ltd ING Vysya Bank Ltd Axis Bank Ltd HDFC Bank Ltd. 1.5 Union Bank of India 1.19 Allahabad Bank 1.16 State Bank of India 1.4 Software 7.82 Infosys Technologies Ltd Tata Consultancy Services Ltd MindTree Ltd..59 Industrial Capital Goods 6.38 Crompton Greaves Ltd Bharat Heavy Electricals Ltd Siemens Ltd BEML Ltd..77 Bharat Electronics Ltd..52 Consumer Non Durables 5.49 ITC Ltd. 2.7 United Breweries Holdings Ltd Colgate-Palmolive (India) Ltd Power 5.44 Tata Power Company Ltd. 1.7 Reliance Infrastructure Ltd NTPC Ltd PTC India Ltd.99 CESC Ltd..25 Finance 4.73 ICRA Ltd HDFC Ltd Petroleum Products 4.17 Reliance Industries Ltd Indian Oil Corporation Ltd..71 Oil 3.97 Oil & Natural Gas Corporation Ltd Aban Offshore Ltd. 1.8 Ferrous Metals 2.84 Tata Steel Limited 1.46 Jindal Saw Ltd..84 Steel Authority of India Ltd..54 Cement 2.69 Grasim Industries Ltd Jaiprakash Associates Ltd..91 Construction Project 2.61 Larsen & Toubro Ltd. 1.4 Nagarjuna Construction Company Ltd Auto 2.29 Maruti Suzuki India Ltd Tata Motors Ltd Pharmaceuticals 2.21 Dr.Reddy's Laboratories Ltd Non - Ferrous Metals 1.74 Hindalco Industries Ltd Hindustan Zinc Ltd.39 Telecom-Services 1.58 Bharti Airtel Ltd Media & Entertainment 1.23 Zee Entertainment Enterprises Ltd Construction 1.9 Housing Development & Infrastructure Ltd.71 D.S. Kulkarni Developers Ltd..39 Cash & Cash Equivalents 5.44 Net receivables / payables.8 Total Net 1. Indicates less than.1 42

43 Wealth Creation Birla Sun Life Pure Value Fund As on February 28, 21 Investment Style Value Blend Growth Size Large A Closed-end Diversified Equity Scheme with a maturity of 3 years. Upon maturity, the scheme shall automatically be converted into an open ended scheme. It seeks to generate consistent long term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy. Small Fund Manager : Mr. Ajay Argal Managing Fund Since : Since inception Total Experience : 16 years Date of inception : March 27, 28 Nature of the scheme : A Close-ended Diversified Equity Scheme Year Since Inception Default option : NA Fresh Purchase : NA Additional Purchase : NA Redemption Cheques : NA Systematic Investment : NA Systematic Withdrawal : NA Systematic Transfer : NA Plans / Options & NAV (As on February 26, 21) Dividend : (Payout & Reinvestment) Growth : Benchmark : BSE 2 Average AUM : Rs Crores Load Structure Entry Load : NA Exit Load : Nil Investors offering units for repurchase before maturity of the scheme / conversion of scheme into open ended scheme will be charged balance proportionate unamortized issue expenses on the applicable NAV. Standard Deviation : 34.11% Sharpe Ratio :.67 Beta :.83 Birla Sun Life Pure Value Fund - Growth BSE 2 Banks ING Vysya Bank Ltd. 3.1 The South Indian Bank Ltd Oriental Bank of Commerce 2.31 State Bank of India 1.92 Andhra Bank 1.35 Pharmaceuticals 1.53 Pfizer Ltd Aventis Pharma Ltd. 4.5 Dishman Pharmaceuticals & Chemicals Ltd. 2.4 Power 8.4 Jyoti Structures Ltd. 3.1 CESC Ltd PTC India Ltd 2.31 Fertilisers 7.26 Coromandel International Limited 4.38 Zuari Industries Ltd 2.88 Software 7.1 Polaris Software Lab Ltd Tata Consultancy Services Ltd Infosys Technologies Ltd MindTree Ltd. 1.4 Consumer Non Durables 6.98 Glaxosmithkline Consumer Healthcare Ltd. 5.3 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Mcleod Russel India Ltd Zydus Wellness Ltd..4 Gas 5.65 Indraprastha Gas Ltd Gujarat State Petronet Ltd 2.21 Pesticides 4.55 Rallis India Ltd United Phosphorus Ltd Transportation 4.43 Gateway Distriparks Ltd The Great Eastern Shipping Company Ltd 1.92 Oil 4.27 Oil & Natural Gas Corporation Ltd Great Offshore Ltd..36 Petroleum Products 3.98 Indian Oil Corporation Ltd Hindustan Petroleum Corporation Ltd Chennai Petroleum Corporation Ltd. 1.8 Industrial Capital Goods 3.31 Bharat Electronics Ltd Industrial Products 3.27 FAG Bearings India Ltd. 2.8 Finolex Cables Ltd Construction 2.77 JMC Projects (India) Ltd 2.77 Construction Project 2.61 Nagarjuna Construction Company Ltd Ferrous Metals 2.5 Maharashtra Seamless Ltd. 2.5 Paper 1.75 Tamil Nadu Newsprint & Papers Ltd Auto Ancillaries 1.7 Apollo Tyres Ltd. 1.7 Cement 1.67 Mangalam Cement Ltd Cash & Cash Equivalents 4.69 Net receivables / payables 2.26 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. The fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 43

44 Wealth Creation Birla Sun Life Long Term Advantage Fund As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ajay Argal Managing Fund Since : Since inception Total Experience : 16 years Date of inception : October 1, 26 Nature of the scheme : A 5 Years Close-ended Scheme Default option : NA Fresh Purchase : NA Additional Purchase : NA Redemption Cheques : NA Systematic Investment : NA Systematic Withdrawal : NA Systematic Transfer : NA Plans / Options & NAV (As on February 26, 21) Dividend : (Payout & Reinvestment) Growth : Benchmark : BSE Sensex Average AUM : Rs Crores Load Structure Entry Load : NA Exit Load : Nil Investors offering units for repurchase before maturity of the scheme / conversion of scheme into open ended scheme will be charged balance proportionate unamortized issue expenses on the applicable NAV. Standard Deviation : 32.61% Sharpe Ratio :.6 Beta :.88 A 5 years close ended scheme with automatic conversion to an open ended scheme upon maturity with the objective to provide longterm capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities Year Birla Sun Life Long Term Advantage Fund - Growth Software Infosys Technologies Ltd Tata Consultancy Services Ltd MindTree Ltd. 2. Patni Computer Systems Ltd Subex Ltd. 1.7 Industrial Capital Goods 11.8 Bharat Heavy Electricals Ltd McNally Bharat Engineering Company Ltd 3.8 Gujarat Apollo Industries Ltd Bharat Electronics Ltd Banks 1.97 ICICI Bank Ltd Axis Bank Ltd HDFC Bank Ltd Oriental Bank of Commerce 1.94 State Bank of India 1.48 Pesticides 8.1 Rallis India Ltd United Phosphorus Ltd BSE Sensex Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Exide Industries Ltd Petroleum Products 4.84 Reliance Industries Ltd Auto 3.96 Tata Motors Ltd Mahindra & Mahindra Ltd Ferrous Metals 3.78 Maharashtra Seamless Ltd. 3. Tata Steel Limited.78 Pharmaceuticals 3.29 Dr.Reddys Laboratories Ltd Cipla Ltd Oil 3.28 Oil & Natural Gas Corporation Ltd Consumer Non Durables 2.99 ITC Ltd Years Since Inception Engineering 2.51 Engineers India Ltd Industrial Products 2.39 FAG Bearings India Ltd Finance 2.28 HDFCLtd Power 2.13 KEC International Ltd Gas 1.53 GAIL India Ltd Construction 1.43 JMC Projects (India) Ltd.97 ITD Cementation India Ltd..46 Cash & Cash Equivalents 3.39 Construction Project 5.44 Larsen & Toubro Ltd Nagarjuna Construction Company Ltd Auto Ancillaries 5.42 Bosch Ltd Cement 2.84 Kesoram Industries Ltd Telecom-Services 2.52 Bharti Airtel Ltd Net receivables / payables 2.74 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 44

45 Wealth Creation Birla Sun Life Long Term Advantage Fund Series - I As on February 28, 21 Investment Style Value Blend Growth Size Large Small Fund Manager : Mr. Ankit Sancheti Managing Fund Since : September 2, 28 Total Experience : 11 years Date of inception : May 31, 27 Nature of the scheme : A Closed-ended Small and Cap Equity Scheme Default option : NA Fresh Purchase : NA Additional Purchase : NA Redemption Cheques : NA Systematic Investment : NA Systematic Withdrawal : NA Systematic Transfer : NA Plans / Options & NAV (As on February 26, 21) Dividend : 1.66 (Payout & Reinvestment) Growth : 1.66 Benchmark : BSE 5 Average AUM : Rs Crores Load Structure Entry Load : NA Exit Load : Nil Investors offering units for repurchase before maturity of the scheme / conversion of scheme into open ended scheme will be charged balance proportionate unamortized issue expenses on the applicable NAV. Standard Deviation : 41.49% Sharpe Ratio :.69 Beta :.98 A Closed-end Small and Cap Equity Scheme with a maturity of 3 years. Upon maturity, the scheme shall automatically be converted into an Open-ended scheme. It seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and mid cap. The Scheme may also invest a certain portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time Year Birla Sun Life Long Term Advantage Fund Series I - Growth BSE 5 Industrial Capital Goods 16.6 Crompton Greaves Ltd Bharat Electronics Ltd Apar Industries Ltd Hindustan Dorr-Oliver Ltd Honeywell Automation India Ltd McNally Bharat Engineering Company Ltd 1.19 Gujarat Apollo Industries Ltd..55 Alstom Projects India Ltd..33 Power 1.42 Jyoti Structures Ltd CESC Ltd PTC India Ltd 1.83 GVK Power & Infrastructure Ltd Kalpataru Power Transmission Ltd. 1.5 Gujarat Industries Power Company Ltd..67 Consumer Non Durables 9.39 Glaxosmithkline Consumer Healthcare Ltd Mcleod Russel India Ltd Radico Khaitan Ltd Eveready Industries India Ltd Millennium Beer Industries Ltd..1 Industrial Products 9.22 Jain Irrigation Systems Ltd Finolex Cables Ltd Greaves Cotton Ltd The Paper Products Limited 1.24 Carborundum Universal Ltd..8 Torrent Cables Ltd..59 Banks 9.1 The South Indian Bank Ltd ING Vysya Bank Ltd Portfolio Asset Allocation Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Oriental Bank of Commerce 2.3 Bank of Maharashtra.73 Construction 7.42 HSIL Limited 2.5 JMC Projects (India) Ltd 2.14 IVRCL Infrastructures & Projects Ltd Simplex Infrastructures Ltd. 1.9 The Phoenix Mills Ltd..52 Auto Ancillaries 6.89 Wabco TVS India Ltd 3.91 Exide Industries Ltd Sundaram-Clayton Ltd Fertilisers 4.89 Zuari Industries Ltd 1.62 Chambal Fertilisers and Chemicals Ltd DCM Shriram Consolidated Ltd. 1.5 Aries Agro Ltd. 1.3 Chemicals 2.72 Micro Inks Ltd Pharmaceuticals 2.65 Pfizer Ltd Ferrous Metals 2.53 Jindal Saw Ltd Tata Metaliks Ltd..24 Construction Project 2.2 Nagarjuna Construction Company Ltd. 2.2 Media & Entertainment 2.17 Jagran Prakashan Ltd Since Inception Finance 2.7 ICRA Ltd. 2.7 Software 1.9 Geometric Ltd Subex Ltd..55 Hotels 1.24 Indian Hotels Company Limited 1.24 Petroleum Products.88 Hindustan Petroleum Corporation Ltd..88 Textile Products.78 Raymond Ltd..78 Hardware.67 Allied Digital Services Ltd..67 Diversified.62 Aditya Birla Nuvo Ltd..62 Paper.58 Ballarpur Industries Ltd..58 Cash & Cash Equivalents 4.83 Net receivables / payables.77 Total Net 1. Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. The fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer Risk-free rate assumed to be 4.1% (91 day T-bill yield As on February 26, 21) 45

46 M a r c h 2 1 Dividend History (For select Schemes) DEBT SCHEMES Non Corporate Corporate DEBT SCHEMES Date Face Value Dividend Dividend Dividend Dividend Cum Dividend NAV (%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit) Birla Sun Life Savings Fund - 29-Dec Institutional Monthly Dividend 29-Jan Feb Birla Sun Life Savings Fund - 29-Dec Retail Monthly Dividend 29-Jan Feb Birla Sun Life Short Term Fund - 31-Dec Monthly Dividend 29-Jan Feb Birla Sun Life Dynamic Bond Fund - Retail 3-Mar Quartery Dividend 24-Apr Jun Sep Dec Birla Sun Life Income Plus 17-Mar Quarterly Dividend 16-Jun Sep Dec Mar Jun Sep Dec Birla Sun Life Income Fund- 17-Sep Half Yearly Dividend 17-Mar Mar Birla Sun Life Income Fund - 16-Jun Quarterly Dividend 15-Sep Dec Mar Jun Sep Dec Birla Sun Life Gilt Plus - Liquid Plan - 15-Sep (Quarterly Dividend) 22-Oct Dec Mar Jun Sep Dec Birla Sun Life Gilt Plus - PF Plan 16-Jun (Quarterly Dividend) 15-Sep Dec Mar Jun Sep Dec Birla Sun Life Gilt Plus - Regular Plan 16-Jun (Quarterly Dividend) 15-Sep Dec Mar Jun Sep Dec Birla Sun Life Govt. Securities - 17-Mar Long Term Dividend 16-Mar Sep Birla Sun Life Govt. Securities - 16-Jun Short Term Dividend 15-Sep Dec Mar Jun Sep Dec Birla Sun Life Short Term 15-Sep Opportunities Fund 15-Dec Mar Apr Jun Sep Dec After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.

47 M a r c h 2 1 Dividend History (For select Schemes) EQUITY SCHEMES EQUITY SCHEMES Declared on date Dividend (%) Dividend (Rs. per unit) Face value (Rs.) Cum Dividend NAV (Rs. per unit) Birla Sun Life Equity Fund Total dividend declared since inception (Aug 27, 1998) = 495% Birla Sun Life Advantage Fund Total dividend declared since inception (Feb 24, 1995) = 462.5% Birla Sun Life cap Fund (Plan A) Total dividend declared since inception (Oct 3, 22) = 277.5% Birla Sun Life Frontline Equity Fund (Plan A) Total dividend declared since inception (Aug 3, 22) = 285% Birla Sun Life Basic Industries Fund Total dividend declared since inception (Jan 15, 2) = 365% Birla Sun Life India GenNext Fund Birla Sun Life New Millennium Fund Birla Sun Life Top 1 Fund Birla Sun Life Buy India Fund Birla Sun Life MNC Fund Total dividend declared since inception (Dec 27, 1999) =347.5% Birla Sun Life Index Fund Total dividend declared since inception (Sept 18, 22) = 137.5% Birla Sun Life India Opportunities Fund Total dividend declared since inception (Dec 27, 1999) = 177.5% Birla Sun Life Dividend Yield Plus Total dividend declared since inception (Feb 26, 23) = 2.3% Birla Sun Life '95 Fund Total dividend declared since inception (Feb 1, 1995) = 385% Birla Sun Life Freedom Fund Total dividend declared since inception (Oct 12, 1999) = 1% 29-Sep Mar Sep Mar Oct Mar Sep Mar Oct Feb Mar Aug Oct Jan Mar Mar Dec Apr Sep Feb Jul Dec Oct Jan Feb Dec Dec Jun Jul Jan Mar Oct Feb Aug Jun Aug Jul Jan Oct Mar Jan Apr Jun Dec Apr Jul Jan Jun Sep Feb May Oct Mar Sep Feb Aug Jan Aug Sep Feb Oct Feb Mar Jan Feb Oct Sep Sep Feb Sep Oct Dec Feb Sep Dec Mar Jul Oct Jan Apr Oct Apr Nov Jun Oct Feb Mar Oct Mar Oct Mar Oct Mar Oct Mar Oct Mar May Oct Oct Jan Jul Jan After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results. 47

48 M a r c h 2 1 Dividend History (For select Schemes) MONTHLY INCOME & TAX SCHEMES Non Corporate Corporate MONTHLY INCOME SCHEMES Date Face Value Dividend Dividend Dividend Dividend Cum Dividend NAV (%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit) Birla Sun Life Monthly Income- 3-May Monthly Dividend 3-Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Birla Sun Life Monthly Income- 3-Jun Quarterly Dividend 3-Sep Dec Mar Jun Sep Dec Birla Sun Life MIP(Monthly Dividend Plan) 3-May Jun Aug Jan Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Birla Sun Life MIP II-Wealth 25 Plan 25-Jan (Monthly Dividend Plan) 29-Feb Mar Apr May May Jun Jul Aug Sep Oct Nov Dec Jan Feb Birla Sun Life MIPII-Savings 5 Plan 26-Dec (Monthly Dividend Plan) 3-Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Birla Sun Life Tax Relief 96 Total dividend declared since inception (Mar 29, 1996) = 22% 8-Dec Jan Mar Mar Jun Aug Birla Sun Life Tax Plan Total dividend declared since inception (Feb 16, 1999) = 255% 17-Oct Mar Oct Dec Feb Mar Mar After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.

49 M a r c h 2 1 Asset Allocation Guide Asset Allocation guide: Asset Allocation Guide This Asset Allocation guide helps you decide your broad allocation to equities at different market levels. The adjustment as per the recommended asset allocation may be done on a six monthly basis or whenever you review your portfolio Expensive Fair Discounted How it works? Lets see how it will help you in your wealth creation goals with the help of an illustration below. Assuming you are an Aggressive investor lets see how the allocation guide will work Mar-91 Sep-91 Mar-92 Sep-92 Mar-93 Sep-93 Mar-94 Sep-94 Mar-95 Sep-95 Mar-96 Sep-96 Mar-97 Sep-97 Mar-98 Sep-98 Mar-99 Sep-99 Mar- Sep- Mar-1 Sep-1 Mar-2 Sep-2 Mar-3 Sep-3 Mar-4 Sep-4 Mar-5 Sep-5 Mar-6 Sep-6 Mar-7 Sep-7 Mar-8 Sep-8 Mar-9 The graph plots month end values of BSE Sensex since March The Fair price boundaries have been decided by taking P/E of 1.5 & 18.5 as the lower & upper boundaries times the 1 year forward earnings of the Sensex. The values above the fair band has been assumed to be expensive & below the fair band has been assumed to be discounted. This is just a suggested band as per forward earnings estimate and should not be construed as a recommendation to buy or sell securities. Recommended Equity Asset Allocation at different market conditions for different types of investors Aggressive Moderate Conservative Expensive 5%-6% 3%-4% -1% Fair 6%-7% 4%-5% 1%-2% Discounted 7%-8% 5%-6% 2%-3% Feb-1 Start 6 months 12 months 18 months Fair Market After 6 Months market goes up but still in Fair range After 12 Months market goes up to Expensive zone % Value in Rs Actual Allocation % Value in Rs Actual Allocation % Value in Rs Equity 6% 6, 65% % Debt 4% 4, 35% 42 25% 5148 Total Wealth 1, 119,4 2,592 After 18 Months market lands in Discounted zone Actual Allocation % Value in Rs 35% % ,48 Action Bring back allocation as per the suggested grid Recommended allocation% Value in Rs 6% % ,4 Recommended allocation% Action Reduce allocation to Equity as per the suggested grid Value in Rs 5% % ,592 Action Increase allocation to Equity as per thesuggested grid Recommended allocation% Value in Rs 7% % ,48 Thus, we see that the asset allocation guide helps you Observe discipline in your asset allocation by periodic readjustment as per the suggested grid Buy low and book profits at high levels by increasing /decreasing exposure at different market conditions. The above example is to only demonstrate the working of the mentioned investment strategy. The above strategy actions are not based on any judgments of the future return of the debt and equity markets / sectors or of any individual security. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. Any information contained above does not constitute and shall be deemed not to constitute an advice, an offer to sell/purchase or as an invitation to do so for any securities of any entity, and further Birla Sun Life Asset Management Company Ltd.(BSLAMC) / its subsidiaries/affiliates/sponsors/trustee or their officers, employees, personnel, directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of any information that may be displayed herein. Recipients of the information contained herein should exercise due care and caution and read the offer documents (including if necessary, obtaining the advice of tax / legal / accounting / financial / other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained herein. Opinions expressed are not necessarily those of BSLAMC or any of their officers, employees, personnel, directors and BSLAMC. and its officers, employees, personnel, directors do not accept responsibility for the same. BSLAMC or any of its officers, employees, personnel, directors make no representation as to the accuracy, completeness or reliability of the content and hereby disclaim any liability with regard to the same. 49

50 M a r c h 2 1 The Economic Times Date - February 16, 21 The Hindu Business Line Date - February 28, 21 The Hindu Business Line Date - February 7, 21 5

51 M a r c h 2 1 Value Research Ratings Value Research Fund Ratings are a composite measure of historical risk-adjusted returns. In the case of equity and hybrid funds this rating is based on the weighted average monthly returns for the last 3 and 5-year periods. In the case of debt funds this rating is based on the weighted average weekly returns for the last 18 months and 3-year periods and in case of short-term debt funds - weekly returns for the last 18 months. These ratings do not take into consideration any entry or exit load. Each category must have a minimum of 1 funds for it to be rated. Effective, July 28, we have put an additional qualifying criteria, whereby a fund with less than Rs 5 crore of average AUM in the past six months will not be eligible for rating. Five-stars indicate that a fund is in the top 1% of its category in terms of historical risk-adjusted returns. Four stars indicate that a fund is in the next 22.5%, middle 35% receive three stars, the next 22.5% are assigned two stars while the bottom 1% receive one star. The number of schemes in each category is mentioned along side the categories name. Equity Diversified (155), Equity : Index (19), Equity Tax Planning (28), Hybrid Equity Oriented (3), Hybrid: Monthly Income (35), Debt: Medium-term (39), Gilt: Medium and Long-term (32), Gilt: Short-term (11), Debt: Ultra Short-term (4), Debt: Ultra Short-term Institutional (48), Debt: Short-term (19), Debt: Short-term Institutional (1) Debt: Floating Rate Short-term (14), Hybrid: Debt-oriented (17), Debt: Liquid Plus: (28),Debt:Liquid Plus Institutional:(28),Hybrid:Arbitrage (1). These Fund Ratings are as on February 28,21. The Value Research Ratings are published in Monthly Mutual Fund Performance Report and Mutual Fund Insight. The Ratings are subject to change every month. The Rating is based on primary data provided by respective funds, Value Research does not guarantee the accuracy. PastPerformanceisnoguaranteeoffutureresults + ICRA mfaaa and mfa1+ Rating Methodology for Birla Sun Life Floating Rate (Short Term & Long Term) and Birla Sun Life Cash Plus Respectively Birla Sun Life Floating Rate Fund Short Term Plan & Birla Sun Life Floating Rate Fund Long Term Plan: The credit risk rating assigned to the schemes is mfaaa. The rating is the highest-credit-quality rating assigned by ICRA to debt funds. Birla Sun Life Cash Plus: The credit risk rating assigned to the scheme is mfa1+. The highest-credit-quality short-term rating assigned by ICRA to debt funds. Rating methodology used by ICRA is based on evaluating the inherent credit quality of the funds portfolio. As a measure of the credit quality of a debt fund s assets, ICRA uses the concept of credit scores, based on ICRA s assessment of credit risk associated with each exposure of the portfolio taking into account its maturity, investment objectives and policies, its management characteristics and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. Source: ICRA Ltd. * AAAf: CRISIL AAAf Rating Methodology for Birla Sun Life Savings Fund, Birla Sun Life Income Plus, Birla Sun Life Cash Manager, Birla Sun Life Income Fund, Birla Sun Life Short Term Fund and Birla Sun Life Dynamic Bond Fund AAAf The fund s portfolio holdings provide very strong protection against losses from credit defaults. The credit quality ratings are based on an analysis of the fund s investment philosophy, its management, investment strategies, operational policies and internal controls. Credit quality incorporates the credit risk of securities and the counter-party risk involved in transactions CRISIL has developed a Credit Quality Matrix to evaluate a bond fund s overall level of protection against losses associated with credit default. The matrix is a set of credit factors & credit scores derived scientifically from CRISIL srating defaultandtransitionratesoverpasttenyears. Rankingsource: CRISILFundServices, CRISILLtd. ^^CrisilCPR RankingMethodology& Disclaimer BirlaSun Life FrontlineEquityFund (PlanA): CRISIL~CPR1-In LargeCap OrientedEquitySchemesCategory(31 Schemes). Birla Sun Life Top 1 Fund: CRISIL~CPR 2 - Large Cap Oriented Equity Schemes Category (31 Schemes) Birla Sun Life Dividend Yield Plus: CRISIL~CPR 2 -In Diversified Equity Scheme Category (76 Schemes). Birla Sun Life Buy India : CRISIL~CPR 2 -In Diversified Equity Scheme Category (76 Schemes). Birla Sun Life India Opportunities Fund : CRISIL~CPR 2 -In Diversified Equity Scheme Category (76 Schemes). Birla Sun Life cap Fund (Plan A): CRISIL~CPR 2 -In Small & Equity Scheme Category (22 Schemes). Birla Sun Life cap Fund (Plan A): CRISIL~CPR2-ConsistentCPRPerformer - Equity (33Schemes). Birla Sun Life MNC Fund: CRISIL~CPR2-InDiversifiedEquitySchemeCategory (76Schemes). Birla Sun Life 95 Fund: CRISIL~CPR 2 -In Balanced Scheme Category (19 Schemes). Birla Sun Life 95 Fund: CRISIL~CPR 2 -Consistent CPR Performer - Balanced (14 Schemes). Birla Sun Life Income Plus: CRISIL~CPR 1 - Consistent CPR Performer - Debt (13 Schemes) Birla Sun Life Short Term Fund - Retail Plan: CRISIL~CPR 1 - Debt Short Term Scheme Category (23 Schemes). Birla Sun Life Cash Plus - Retail Plan: CRISIL~CPR 2 Consistent CPR Performer - Liquid (16 Schemes) Birla Sun Life Cash Plus - Institutional Plan: CRISIL~CPR 2 - Liquid Institutional(12 Schemes) Birla Sun Life Cash Plus - Institutional Premium Plan: CRISIL~CPR 2 - Liquid Super Institutional(16 Schemes) Birla Sun Life Cash Manager - Retail Plan: CRISIL~CPR 1 - Liquid (28 Schemes) Birla Sun Life Cash Manager - Institutional Plan: CRISIL~CPR 1 - Liquid Institutional(12 Schemes) Birla Sun Life Savings Fund -Retail Plan: CRISIL~CPR 1 - Ultra Short Term Debt (34 Schemes) Birla Sun Life Savings Fund - Instituitional Plan: CRISIL~CPR1- UltraShortTermDebt - Institutional SchemeCategory (26Schemes) Birla Sun Life Floating Rate Fund - Long Term - Retail Plan: CRISIL~CPR 1 - Ultra Short Term Debt (34 Schemes) Birla Sun Life Monthly Income: CRISIL~CPR2-MIPConservative SchemeCategory (12Schemes) Birla Sun Life MIP II - Wealth 25 Plan: CRISIL~CPR2-MIPAggressive SchemeCategory (2Schemes) Birla Sun Life MIP II - Savings 5 Plan: CRISIL~CPR1-MIPConservative SchemeCategory (12Schemes) CRISIL~Composite Performance Ranking - (CRISIL~CPR) is the relative performance ranking of mutual fund schemes within the peer group. The criteria used for computing the ranking are AUM in excess of category cut-off limits & portfolio disclosure and performance in case of Liquid Plans, Liquid Institutional and Debt-Short Term Last 1 years; All other Schemes Last 2 years and 5 yrs CPR track record for consistent CPR Performers. FundRatingsareason 31Dec 9. Rankingisdoneonthefollowingparametersdependingonschemecategory. CRISIL~CPR 1 - indicates Very Good" performance & ranks within top 1 percentile of the respective category. CRISIL~CPR 2 - indicates Good" performance & ranks within top 11th - 3th percentile of the respective category. Parameters Scheme Category SuperiorReturnScore Large Cap Oriented Equity, Diversified Equity, Small and cap, ELSS, Balanced, Debt, MIP (Aggressive & Conservative), Gilt-Long and Consistent CPR Performers Equity, Balanced and Debt MeanReturnandVolatility Debt-Short, Ultra Short Term Debt, Liquid, Liquid Institutional & Liquid Super Institutional and Consistent CPR Performers - Liquid Portfolio Concentration Analysis All Schemes Liquidity Analysis All Schemes Asset Quality Debt Schemes Average Maturity Debt Schemes Downside Risk Probability Debt- Short Term, Liquid, Ultra Short Term Debt, Liquid- Institutional & Super Institutional Asset Size Debt- Short Term, Liquid, Ultra Short Term Debt, Liquid- Institutional & Super Institutional Historic performance on CRISIL~CPR Consistent CPR Performer Equity, Balanced, Debt and Liquid categories Ranking Source: Crisil FundServices, CRISIL Limited & Lipper Awards India 29 - Award Methodology & Disclaimers: Birla Sun Life Mutual Fund: Best Group over 3 years (25-28). Group Name - Mixed Asset, Size: 12 fund houses were eligible for the group award. Fund groups with at least five equity, five bond, or three mixed-asset portfolios in the respective asset classes were eligible for a group award. The lowest average decile(1) rank of the three years Consistent Return measure of the eligible funds per asset class and group determined the asset class group award winner. Birla Sun Life Asset Allocation Fund-Moderate Plan-Growth (BSLAAF-MP-GR): Best Fund 3 year performance (25-28) No. of Schemes: 7; Classification-Mixed Asset INR Balanced, Birla Sun Life Income Fund-Growth (BSLIF-Gr): Best Fund - 3 year performance (25-28) & 1 year performance ( ), No. of Schemes: 99 & 16 respectively ; Classification-Bond Indian Rupee-General. BSLAAF-MP-Gr & BSLIF-Gr are awarded Lipper Awards India 29 on the basis of Consistent Return (Effective Return) value over the relevant performance period. Entry/Exit load not considered. Past performance is no guarantee of future results. Ranking source: Lipper - A Reuter Co. Lipper World Ranks for 1yr,5yrs,1yrs & 13 yrs Time Periods ended Sept'9 and Lipper Ranking Methodology and Disclaimer: Lipper World Ranking for 1yr,5yrs,1yrs & 13 yrs Time Periods ended Sept'9: Birla Sun Life Tax Relief '96-1yr: Ranked 1219 out of Equity funds with 38.65% CAGR. 5yr: Ranked 315 out of Equity funds with 22.99% CAGR. 1yrs: Ranked 46 out of 774 Equity funds with 24.94% CAGR. 13yr: Ranked 1st out of 36 Equity funds with 35.33% CAGR. Lipper Ranking Methodology and Disclaimers: Birla Sun Life Tax Relief '96 is ranked as World's Best-Performing Equity Fund & has secured the 1st rank among Equity funds as per Lipper global fund data for its 13 yr performance. Category considered for all the above rankings: Equity funds as per Lipper global fund data. The above rankings by Lipper are based on annualized returns, denominated in INR, for said time periods i.e 3 Sept '8 to 3 Sept '9, 3 Sept '4 to 3 Sept '9, 3 Sept '99 to 3 Sept '9 and from 3 Sept '96 to 3 Sept '9 for 1,5,1 & 13 yr ranks respectively. These are based on a customized report which highlight the top performing equity funds in the world during the year 29(with minimum track record of respective time period considered as of Sept '9) & excludes ETFs & close ended funds. Loads & Taxes not considered. Past Performance is no guarantee of future results. Data source: Lipper, a Thomson Reuters Companywww.lipperweb.com For further details on our Funds, please contact our Customers Service Centres at details given below. BIRLA SUN LIFE ASSET MANAGEMENT COMPANY LTD. BRANCHES IDEA Toll Free No & the centralised TOLL no ALLAHABAD : / HUBLI : / AMBALA : JAMMU : AGRA JAIPUR PANJIM AHMEDABAD JALANDHAR PATIALA AMRAVATI : JAMNAGAR : AJMER JAMSHEDPUR PONDICHERY ANAND : KOLKATA : / 4 / 5 ALWAR JODHPUR PUNE BANGALURU (Jayanagar) : MADURAI : / 83 AMRITSAR KANPUR RAIPUR BANGALURU (Malleswaram) : MARGAO : AURANGABAD KOLHAPUR RAJKOT BANGALURU(Cunningham House Rd) : / 2 / 3 BARODA KOTA RANCHI MATHURA / 6959 BELGAUM LUCKNOW SALEM BHAVNAGAR : MEHASANA : / 16 BHILLAI LUDHIANA SHIMLA BHUBANESHWAR : / 3413 MUMBAI (Head Office) : BHOPAL MADURAI SILIGURI CHANDIGARH : MYSORE : / 1 / 2 CALICUT MANDIGOBINDGARH SURAT CHENNAI (Anna Nagar) : / 1 / 2 / 4 / 6 NOIDA : CHENNAI(Adiyar) MANGALORE TRICHY COIMBATORE MEERUT UDAIPUR CHENNAI (Egmore) : / 78 / 715 / 699 PATNA : / 66 DEHRADUN MORADABAD VALSAD COCHIN : / / THANE : / 1 DHANBAD MUMBAI(Borivali) VARANASI DELHI : TRIVANDRUM : ERODE MUMBAI(Ghatkopar) VASHI DURGAPUR : / 19 / VAPI : / 6 GURGAON MUMBAI(Churchgate) VIJAYWADA HYDERABAD(Abids) NAGPUR VISAG GUWAHATI : / VISHAKAPATNAM : / 8 INDORE NASIK GWALIOR : / 378 JABALPUR PANIPAT Disclaimer: Any information contained in this publication does not constitute and shall be deemed not to constitute an advice, an offer to sell/ purchase or as an invitation or solicitation to do so for any securities of any entity, and further, Birla Sun Life Asset Management Company Ltd.(BSLAMC)/ its subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of any information that may be displayed in this publication from time to time. Recipients of the information contained herein should exercise due care and caution and read the offer documents (including if necessary, obtaining the advice of tax / legal / accounting / financial / other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained herein. Editorial opinions expressed in the 'Connect' are not necessarily those of BSLAMC. or any of their officers, employees, personnel, directors and BSLAMC. and its officers, employees, personnel, directors do not accept responsibility for the editorial content. BSLAMC. or any of its officers, employees, personnel, directors make no representation as to the accuracy, completeness or reliability of the editorial content and hereby disclaim any liability with regard to the same. Statutory Details: Constitution: Birla Sun Life Mutual Fund (BSLMF) has been set up as a Trust under the Indian Trust Act, Sponsors: Aditya Birla Nuvo Limited and Sun Life (India) AMC Investments Inc. (liability restricted to seed corpus of Rs. 1 Lac). Trustee: Birla Sun Life Trustee Company Pvt. Ltd. Investment Manager: Birla Sun Life Asset Management Company Ltd.Risk Factors: Mutual Funds and securities investments are subject to market risks and there can be no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units under the Scheme may go up or down depending on the various factors and forces affecting capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performance of the Schemes and may not necessarily provide a basis of comparison with other investments. The names of the Schemes do not, in any manner, indicate either the quality of the Schemes or their future prospects or returns. Unitholders in the schemes are not being offered any guaranteed/assured returns. Investors should read the Statement of Additional Information / Scheme Information Document/ Key Information Memorandum available at Investor Service Centers and with distributors carefully before investing. The Material provided in the Connect cannot be reproduced or quoted anywhere without express permission from Birla Sun Life Asset Management Company Ltd. 51

52 assistance, round the clock. View portfolio summary View transaction history Track your portfolio Purchase, Switch & Redeem Change TPIN (Telephone Personal Identification Number) Get Account Statement instantly Online Portfolio Access All India Telephone Mobile Investment Manager Toll Free : (MTNL/BSNL) Non Toll Free :