Brokerage Structure Effective from January 01, 2015 to March 31, 2015

Transcription

1 Brokerage Structure Effective from January 01, 2015 to March 31, 2015 Name of the Scheme Amount Distribution Incentive Special Incentive for other than T15 Locations (%) Trail Year 1 (%)(p.a.) (A.P.M.)* Trail Year 2 (%)(p.a.) (A.P.M.)* Trail Year 3 (%)(p.a.)(a.p.m.)* Trail Year 4 onwards (%)(p.a.)(a.p.m.)* Equity Schemes Axis Equity Not Applicable Axis MidCap Not Applicable Axis Focused 25 Not Applicable NIL NIL Axis Enhanced Arbitrage Not Applicable 0.25 NIL 0.75 ^^ Hybrid Schemes / Income Schemes with Equity Exposure Axis Income Saver Not Applicable Axis Triple Advantage Not Applicable NIL NIL NIL 0.75 ELSS Scheme Axis Long Term Equity Not Applicable NIL NIL NIL 0.75 Debt Schemes Axis Income Not Applicable 1.25 NIL NIL Axis Dynamic Bond Not Applicable 3.00 NIL NIL NIL NIL 0.75 Axis Short Term Not Applicable 0.75 NIL 0.50* Axis Fixed Income Opportunities Not Applicable 2.20 NIL NIL NIL Axis Banking Debt Not Applicable NIL NIL Axis Treasury Advantage Above Rs.5 Cr NIL NIL Less than or equal to Rs.5 Cr NIL NIL Gilt Scheme Axis Constant Maturity 10 Year Not Applicable NIL NIL Gold Axis Gold Not Applicable 1.00 NIL NIL Liquid Scheme Axis Liquid Not Applicable NIL NIL A.P.M.* Annualized Payable Monthly ^^ Trail for Axis Enhanced Arbitrage shall be paid 4 th months onwards * Trail Shall start from 7 th month onwards

2 BSL Asset Management Company Limited Brokerage Structure for Avendus Effective from : 1Jan15 till furhter notice of change Upfront# Trail Paid in Advance Special upfront 1st year trail 2nd year trail 3rd year onwards B 15 Incentive BSL Frontline Equity 1.50% NA NA 0.40% 0.90% 0.90% 1.25% BSL 95 and MNC 1.05% NA 0.20% 0.75% 1.00% 1.00% 1.25% BSL Top 100 & BSL Equity BSL Long Term Advantage 1.25% 1.55% 0.80% NA.80% Trail from 19th Month onwards BSL Midcap 1.25% BSL Banking & Financial Services 1.35% 1.40% NA 0.80% trail from 3rd Year onwards 1.25% BSL Advantage 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL Dividend Yield Plus 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL Small & Midcap 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL Buy India 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL India GenNext 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL India Opportunities. 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL India Reforms 1.00% 0.60% NA 0.50% trail 19th month onwards 1.25% BSL Infrastructure 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL International Eq. Plan B 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL New Millennium 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL Special Situations 1.10% NA NA 0.75% 0.85% 0.85% 1.25% BSL Pure Value 0.75% 0.75% NA 0.50% 3rd Year onwards 1.25% BSL Commodities Equity * 0.75% NA NA 0.50% 0.50% 0.50% 1.25% BSL International Plan A 0.75% NA NA 0.50% 0.50% 0.50% 1.25% BSL Tax Relief '96 NA 4.25% NA 0.75% 4th yr onwards 1.25% BSL Tax Plan NA 5.50% NA 0.75% 4th yr onwards 1.25% BSL Index NIL NA NA 0.20% 0.20% 0.20% NIL BSL Enhanced Arbitrage 0.12% NA NA 0.55% (4th month onwrds) NIL BSL MIP II Savings 5 Plan (<= 5 Cr) 0.90% 0.50% NA 0.70% trail from 19th Month onwards Nil BSL MIP II Savings 5 Plan (> 5 Cr) 0.50% NA NA Upto 18 Months 0.60% and 0.70% trail from 19th Month onwards Nil BSL Monthly Income (<= 5 Cr) 1.55% 0.80% NA 0.80% trail from 19th Month onwards Nil Upto 18 Months 1 % and 0.70% trail from 19th BSL Monthly Income (> 5 Cr) 0.85% NA NA Nil Month onwards BSL MIP and BSL MIP II Wealth 25 (<= 5 Cr) 1.15% 2.65% 0.20% 0.70% trail from 4th Year onwards 1.00% 1% trail for 1st, 2nd & 3rd Year and 0.70% from BSL MIP and BSL MIP II Wealth 25 (>5 Cr) 0.85% NA 0.20% 1.00% 4th Year onwards BSL Asset Allocation Aggressive NIL NIL NIL 0.75% 0.75% 0.75% NIL BSL Asset Allocation Moderate NIL NIL NIL 0.60% 0.60% 0.6 NIL BSL Asset Allocation Conservative NIL NIL NIL 0.50% 0.50% 0.50% NIL BSL Gold (<= 1 Cr.) 1.00% NIL NIL NIL 0.50% 0.50% NIL BSL Gold for (> 1 Cr.) Nil NIL NIL 1.00% 0.50% 0.50% NIL BSL Cash Plus NIL NIL NIL 0.05% 0.05% 0.05% NIL BSL Floating Rate Short Term NIL NIL NIL 0.05% 0.05% 0.05% NIL BSL Cash Manager NIL NIL NIL 0.90% 0.60% 0.60% NIL BSL Floating Rate Long Term NIL NIL NIL 0.25% 0.25% 0.25% NIL BSL Savings NIL NIL NIL 0.05% 0.05% 0.05% NIL BSL Short Term NIL NIL NIL 0.10% 0.10% 0.10% NIL BSL Treasury Optimizer Plan 0.10% NA NA 0.30% trail from 4th Month onwards Nil BSL Short Term Opportunities (<= 5 Cr) 0.90% 0.50% NA 0.70% trail from 19th Month onwards Nil Upto 18 Months 0.60% and 0.70% trail from 19th BSL Short Term Opportunities (>5 Cr) 0.50% NA NA Nil Month onwards BSL Medium Term Plan (<= 5 Cr) 1.00% 1.00% NA 0.75% trail from 3rd Year onwards Nil BSL Medium Term Plan (>5 Cr) 0.80% NA NA 0.60% 0.60% 0.75% Nil BSL Dynamic Bond (<= 10 Cr.) 0.85% NA NA NIL 0.70% 0.70% Nil BSL Dynamic Bond (> 10 Cr.) 0.45% NA NA 0.80% from 7th Month to 12th Month 0.70% 0.70% Nil BSL Income Plus (<= 10 Cr.) w.e.f 1st Dec 14 NIL NA NA 0.75% 0.50% 0.50% Nil BSL Income Plus (> 10 Cr.) w.e.f 1st Dec 14 NIL NA NA 0.75% 0.50% 0.50% Nil BSL Gilt Plus Liquid Plan NIL NA NA 0.25% 0.25% 0.25% NIL BSL Gilt Plus PF Plan 0.25% NA NA 1.45% 0.85% 0.20% 1.00% trail from 19th Month onwards 1.00% (from 4M to 12M) 1.25% 1.25% 0.50% 0.50% NIL BSL Gilt Plus Regular Plan NIL NA NA 0.10% 0.10% 0.10% NIL BSL GSec. Short Term Nil NA NA 0.25% 0.25% 0.25% NIL BSL GSec. Long Term (w.e.f 11th Nov 14) NIL NIL NIL 1.25% 0.50% 0.50% NIL

3 . LOAD & DISTRIBUTOR REMUNERATION STRUCTURE 1st January st March 2015 Brokerage Plan Sales Incentive Applicable to T15 & B15 Cities Trail First Year Trail Second Year Trail Third Year Trail Fourth Year Onwards Annual Paid Monthly Annual Paid Monthly Annual Paid Monthly Annual Paid Monthly Applicable Only to B15 Cities Special Sales Incentive(Refer to terms & conditions for details) Exit Load / CDSC BNP Paribas Equity, BNP Paribas Mid Cap and BNP Paribas Dividend Yield For All Application Sizes 1.00% 0.50% p.a. 0.75% p.a. 0.75% p.a. 0.75% p.a. 0.50%# BNP Paribas Tax Advantage Plan (ELSS) 1% if redeemed/ switched out within 1 year from the date of subscription/ switch in, Nil if redeemed/ switched out after 1 year from the date of subscription/ switch in For All Application Sizes 4.50% Nil Nil Nil 0.75% p.a. Nil Nil BNP Paribas Monthly Income Plan For All Application Sizes Nil 1.00% p.a. 1.00% p.a. 1.00% p.a. 1.00% p.a. Nil CDSC: 1.00% if redeemed / switchedout within 1 year BNP Paribas Money Plus For All Application Sizes Nil 0.50% p.a. 0.50% p.a. 0.50% p.a. 0.50% p.a. Nil Nil BNP Paribas Flexi Debt For All Application Sizes 1.00% Nil 0.50% p.a. 0.50% p.a. 0.50% p.a. Nil BNP Paribas Bond For All Application Sizes 1.00% 0.50% p.a. 0.30% p.a. 0.30% p.a. 0.30% p.a. Nil BNP Paribas Short Term Income For All Application Sizes 0.90% Nil 0.15% p.a. 0.15% p.a. 0.15% p.a. Nil BNP Paribas Income & Gold For All Application Sizes 1.50% Nil 0.50% p.a. 0.50% p.a. 0.50% p.a. Nil BNP Paribas Government Securities 0.75% if redeemed/ switched out within 6 months from the date of subscription/ switch in, Nil if redeemed/ switched out after 6 months from the date of subscription/ switch in 1% if redeemed/ switched out upto 1 year from the date of subscription /swtich in, Nil if redeemed/ switched out after 1 year from the date of subscription/ switch in. 0.50% if redeemed/ switched out upto 6 Months from the date of subscription/ switch in, Nil if redeemed/ switched out after 6 Months from the date of subscription/ switch in 1.00% if redeemed or switchedout upto 12 months from the date of allotment of units. 0.50%, if redeemed or switchedout after completion of 12 months upto 18 months from the date of allotment of units. Nil, if redeemed or switchedout after 18 months from the date of allotment of units. For All Application Sizes Nil 0.75% p.a. 0.75% p.a. 0.75% p.a. 0.75% p.a. Nil Nil BNP Medium Term Income For All Application Sizes Nil 0.90% p.a 0.90% p.a 0.90% p.a 0.90% p.a Nil BNP Paribas Overnight 1.00%, if redeemed or switchedout upto 15 months from the date of allotment of units.nil, if redeemed or switchedout after 15 months from the date of allotment of units. For All Application Sizes Nil 0.05% p.a. 0.05% p.a. 0.05% p.a. 0.05% p.a. Nil Nil Brokerage rates are inclusive of all taxes. # Upfront sales incentive is applicable upto single application of Rs 50,00,000, for any amount above that only trail commission of the same value will be paid. The above mentioned brokerage will be payable only to distributors empanellend with us and applications logged under their registered ARN's with us Terms & Conditions as attached shall also be applicable No Sales Incentive will be paid for intrascheme siwtches. In all other switch transactions, the sales incentive will be paid as per above subject to applicable exit loads

4 Annexure 1: LOAD AND BROKERAGE STRUCTURE ONLY FOR LUMPSUM INVESTMENTS (1st JAN st MAR 2015) A B C D E F G H Product Exit Load Structure NIL load after the stated load period against each product Rack Rate EQUITY FUNDS Additional Upfront Total Upfront Fees Yr 1 Trail Trail Yr 2 Onwards Additiona l Upfront for B15 ONLY Canara Robeco Equity Diversified 1.00% if redeemed within 1 year 1.50% 0.50% 2.00% 0.00% 0.75% 2.00% Canara Robeco Large Cap+ 1.00% if redeemed within 1 year 1.50% 0.50% 2.00% 0.00% 0.75% 2.00% Canara Robeco Infrastructure 1.00% if redeemed within 1 year 1.75% 0.50% 2.25% 0.00% 0.75% 2.00% Canara Robeco Emerging Equities (L1) 1% If redeemed/switched out within 18 months from the date of allotment 2.75% 0.50% 3.25% 0.00% 1.00% (L1) 2.00% Canara Robeco Balance 1.00% if redeemed within 1 year 1.75% 0.50% 2.25% 0.00% 0.80% 2.00% Canara Robeco FORCE 1.5% If redeemed/switched out within 12 months from the date of allotment. 1% If redeemed/switched out after 12 months but before 18 months from the date of allotment. 1.75% 0.50% 2.25% 0.00% 0.75% 2.00% Canara Robeco Equity Tax Saver (L2) 3 year lock in 5.50% 0.50% 6.00% 0.00% 1.40% (L2) 1.00% DEBT FUNDS Canara Robeco Income 1.00% if redeemed within 1 year 1.25% 0.00% 1.25% 0.00% 0.70% 0.50% Canara Robeco Monthly Income Plan 1.00% if redeemed within 1 year 1.00% 0.50% 1.50% 0.50% 1.00% 1.25% Canara Robeco Indigo 1.00% if redeemed within 1 year 1.00% 0.00% 1.00% 0.50% 0.50% 0.75% Canara Robeco Yield Advantage 1.00% if redeemed within 1 year 1.00% 0.00% 1.00% 0.50% 0.75% 0.75% Canara Robeco Dynamic Bond (L3) 0.50% if redeemed within 6 months 0.75% 0.00% 0.75% 0.50% (L3) 0.75% 0.50% Canara Robeco Short Term (L3) 0.50% if redeemed within 6 months 0.50% 0.00% 0.50% 0.50% (L3) 0.60% 0.00% Canara Robeco Medium Term Opportunities 1.00% if redeemed within 1 year 0.70% 0.20% 0.90% 0.00% 0.75% 0.00% Canara Robeco Gold Savings 2.00% if redeemed within 1 year 0.25% 0.00% 0.25% 0.00% 0.00% 0.00% Canara Robeco Gilt PGS Nil 0.00% 0.00% 0.00% 0.80% 0.80% 0.00% Canara Robeco Gilt Advantage Nil 0.00% 0.00% 0.00% 0.60% 0.60% 0.00% MONEY MARKET FUNDS Canara Robeco Savings Plus (L4) 0.25% if redeemed within 60 days 0.10% 0.00% 0.10% 0.30% (L4) 0.30% 0.00% Canara Robeco Treasury Advantage Regular Plan Nil 0.00% 0.00% 0.00% 0.10% 0.10% 0.00% Canara Robeco LiquidRegular Plan Nil 0.00% 0.00% 0.00% 0.05% 0.05% 0.00% Subject to changes in exit load to be effective prospectively UPFRONT BROKERAGE & B15 INCENTIVE CLAWBACK CLAUSE: 1) For Upfront in column E: (Clawback on PORPORTIONATE BASIS is applicable) In case the investment is redeemed/switched out/stp Out within the exit load period, as applicable, the proportionate (i.e. for the remaining period of exit load period) of upfront including an additional upfront/incentive, if any, shall be recovered/clawed back/ set off from future payments, at AMC s sole discretion. 2) For Additional Upfront / Incentive payable for B15 locations in Column H: (Subject to FULL clawback) In case the investment is redeemed/switched out/stp Out within ONE YEAR OR within the exit load period whichever is later, additional upfront/incentive, if any, shall be recovered/clawed back/ set off from future payments, at AMC s sole discretion PLEASE REFER TO TERMS & CONDITIONS FOR DETAILS ON THE CLAWBACK CLAUSES 1 & 2 STATED ABOVE L3 Please note that Trail in CR Dynamic & CR Short Term starts after 180 days from date of Investment L4 Please note that Trail in CR Savings Plus starts after 60 days from date of Investment L2 CR Equity Taxsaver Trail Payout starts after completion of 3 years from date of investment viz from the 4 th Year onwards L1 CR Emerging Equities Trail Payout starts after completion of 18 months from date of investment viz from the 19 months onwards Brokerage payable on Switches: "For switch out from one Equity / Balance/Debt Schemes to another Equity / Balance/Debt Schemes, applicable exit load shall be charged and hence the applicable brokerage rates including Transaction fees are payable in switch in schemes."

5 DSP BlackRock Mutual From To Brokerage Period: 1st Jan st Mar 2015 Distributor: Avendus Wealth Mgt ARN86906 Transaction Types: Lump Sum Purchases; Switch Ins, SIP/STP Type of Brokerage Upfront Brokerage Addl Upfront Trail Brokerage for: T15 & B 15 Location T15 & B15 B15 Year 1 Year 2 Year 3 & Onwards Transaction Limit (Rs) All Amt All Amt All Amt All Amt All Amt Clawback Base Additional Total Schemes: DSPBR Equity 12 Months 1.00% 0.75% 1.75% 2.00% 0.00% 0.60% 0.60% DSPBR Top 100 Equity 12 Months 1.00% 0.75% 1.75% 2.00% 0.00% 0.60% 0.60% DSPBR Opportunities 12 Months 1.00% 0.75% 1.75% 2.00% 0.00% 0.60% 0.60% DSPBR Technology.com 12 Months 1.00% 0.75% 1.75% 2.00% 0.00% 0.60% 0.60% DSPBR NRNE 12 Months 1.00% 0.75% 1.75% 2.00% 0.00% 0.60% 0.60% DSPBR Focus Months 1.00% 1.75% 2.75% 2.00% 0.00% 0.50% 0.60% DSPBR India TIGER 24 Months 1.00% 1.50% 2.50% 2.00% 0.00% 0.50% 0.60% DSPBR Micro Cap 24 Months 1.00% Nil 1.00% 1.00% 0.50% 0.60% 0.60% DSPBR World Gold 24 Months 1.00% 0.50% 1.50% 2.00% 0.50% 0.50% 0.50% DSPBR World Energy 24 Months 1.00% 0.50% 1.50% 1.75% 0.50% 0.50% 0.50% DSPBR World Mining 24 Months 1.00% 0.50% 1.50% 0.75% 0.50% 0.50% 0.50% DSPBR World Agriculture 24 Months 1.00% 0.50% 1.50% 0.75% 0.50% 0.50% 0.50% DSPBR US Flexible Equity 24 Months 1.00% 0.50% 1.50% 2.00% 0.50% 0.50% 0.50% DSPBR Global Allocation 24 Months 1.00% 0.50% 1.50% 0.50% 0.50% 0.50% 0.50% DSPBR MIP 12 Months 1.00% 0.75% 1.75% 2.00% 0.00% 0.60% 0.60% DSPBR Balanced 12 Months 1.00% 0.75% 1.75% 2.00% 0.00% 0.60% 0.60% Type of Brokerage Upfront Brokerage Addl Upfront Trail Brokerage for: T15 & B 15 Year 2 (1924 Location T15 & B15 B15 Year 1 Months) Year 3 & Onwards Transaction Limit (Rs) All Amt All Amt All Amt All Amt All Amt Clawback Base Additional* Total Schemes: DSPBR Small & Midcap 18 Months 1.00% 1.25% 2.25% 2.00% 0.00% 0.60% 0.60% Type of Brokerage Upfront Brokerage Addl Upfront Trail Brokerage for T15 & B 15 Location T15 & B15 B15 Year 1 Year 2 & 3 Year 4 & Onwards Transaction Limit (Rs) All Amt All Amt All Amt All Amt All Amt Clawback Base Additional* Total Schemes: DSPBR Tax Saver Nil 5.25% 0.00% 5.25% 2.00% 0.00% 0.00% 0.60% Type of Brokerage Upfront Brokerage Addl Upfront Trail Brokerage for T15 & B 15 Location T15 & B15 B15 Year 1 Year 2 Year 3 & Onwards Transaction Limit (Rs) All Amt All Amt All Amt All Amt All Amt Clawback Base Additional* Total Schemes: DSPBR Dynamic AssetAllocation 12 Months 1.00% 1.00% 2.00% 1.25% 0.00% 1.25% 1.25%

6 Type of Brokerage Upfront Brokerage Addl Upfront Trail Brokerage for T15 & B 15 Location T15 & B15 B15 Year 1 Year 2 Year 3 & Onwards Transaction Limit (Rs) All Amt All Amt All Amt All Amt All Amt Clawback Base Additional* Total Schemes: DSPBR Bond 12 Months 1.00% 1.00% 2.00% 0.75% 0.00% 0.50% 0.50% DSPBR Income Opportunities 36 Months 1.00% 1.00% 2.00% 0.75% 0.00% 0.50% 0.50% DSPBR Liquidity Nil 0.00% Nil 0.00% 0.00% 0.10% 0.10% 0.10% DSPBR Treasury Bill Nil 0.00% Nil 0.00% 0.00% 0.20% 0.20% 0.20% DSPBR Money Manager Nil 0.00% Nil 0.00% 0.00% 0.75% 0.75% 0.75% DSPBR Government Securities Nil 0.00% Nil 0.00% 0.00% 1.00% 1.00% 1.00% DSPBR Stratergic Bond Nil 0.00% Nil 0.00% 0.00% 0.75% 0.75% 0.75% DSPBR Short Term 12 Months 1.00% Nil 1.00% 0.00% 0.00% 0.50% 0.50% DSPBR Banking and PSU Debt Nil 0.00% Nil 0.00% 0.00% 0.75% 0.75% 0.75% Constant Maturity 10 Year GSEC fund Nil 0.00% Nil 0.00% 0.00% 0.25% 0.25% 0.25% Exit Load Schemes All Equity & Hybrid s except Micro Cap, India Tiger, Small & Midcap and Focus 25 DSPBR Tax Saver DSPBR Micro Cap fund, DSPBR India TIGER, DSPBR Focus 25, DSPBR DAAF and DSPBR FOF's (overseas) DSPBR Small & Midcap DSPBR Short term DSPBR Strategic Bond DSPBR Government Securities & Constant Maturity 10 Year Gsec DSPBR Income Opportunities DSPBR Bond DSPBR Banking and PSU Debt All other Fixed Income s Exit Load Holding period from date of allotment: <12 months 1%; >=12 months Nil Investments in DSPBR Tax Saver are subject to lockin period of 36 months from the allotment. Holding period from date of allotment: <24 months 1%; >=24 months Nil Holding period from date of allotment: <18 months 1%; >=18 months Nil Holding period from date of allotment: < =12 months 1%; > 12 months Nil Holding period from date of allotment: < = 7 calender days 0.1%; > 7 calendar days Nil Holding period from date of allotment: < = 7 calender days 0.1%; > 7 calendar days Nil Holding period from date of allotment: <=12 months 2%; >12 months and <= 24 months 1%, >24 months and <= 36 months 0.50%, >36 months Nil Holding period from date of allotment: <=12 months 1%; >12 months Nil Holding period from date of allotment: <=1 months 0.25%; >1 months Nil Nil

7 Entry Exit App period Trail Applicable From Basic Prefered Total Extra Incentives only for B15 Basic Prefered Total Basic Prefered Total DWS Alpha Equity Rs.5,000/ NIL 2.00% < 18 Months 19th Month 2.50% 0.25% 2.75% 1.00% 0.00% 0.00% 0.00% 0.75% 0.25% 1.00% DWS Investment Opportunity ( Upto 10 Lakhs ) DWS Investment Opportunity ( Morethan 10 Lakhs ) Rs.5,000/ NIL 1.00% < 12 Months 13th Month 1.50% 0.50% 2.00% 1.00% 0.00% 0.00% 0.00% 0.75% 0.25% 1.00% Rs.5,000/ NIL 1.00% < 12 Months Day % 0.00% 0.00% 1.00% 0.25% 1.25% 1.00% 0.25% 1.25% DWS Tax Saving Rs.5,000/ NIL NIL N.A 4th Year 4.50% 1.00% 5.50% 1.00% 0.00% 0.00% 0.00% 0.60% 0.15% 0.75% DWS Arbitrage Rs.5,000/ NIL 0.50% < 3 Months 4th Month 0.10% 0.05% 0.15% 0.40% 0.10% 0.50% 0.30% 0.10% 0.40% DWS Top Euroland Offshore Rs.5,000/ NIL 1.00% < 12 Months 13th Month 1.00% 0.25% 1.25% 1.00% 0.00% 0.00% 0.00% 0.50% 0.25% 0.75% DWS Global Agribusiness Offshore Rs.5,000/ NIL 1.00% < 12 Months 13th Month 1.00% 0.25% 1.25% 1.00% 0.00% 0.00% 0.00% 0.50% 0.25% 0.75% HYBRID FUNDS DWS Equity Income (D1) Rs.5,000/ NIL 1.50% < 12 Months 13th Month 1.00% 0.50% 1.50% 1.00% 0.00% 0.00% 0.00% 0.40% 0.10% 0.50% DWS Twin Advantage Rs.5,000/ NIL 0.50% < 1 Month Day % 0.00% 0.00% 0.75% 0.25% 1.00% 0.40% 0.10% 0.50% DWS Inflation Index Bond Rs.5,000/ NIL 1.50% < 1 yr Deutsche Asset Management (India) Pvt. Ltd Brokerage Structure (*With effect from Jan 01, 2015 to March 31, 2015 ) Minimum Application Amount for New Investment 13th Month EQUITY FUNDS Overseas of s 0.60% 0.10% 0.70% DWS Gilt Rs.5,000/ NIL NIL Day % 0.00% 0.00% 0.00% 0.00% 0.00% 0.35% 0.05% 0.40% 0.05% 0.35% 0.40% 0.20% 0.10% 0.30% DWS Premier Bond Rs.5,000/ NIL 1.00% < 06 Months 7th Month 0.50% 0.10% 0.60% 0.40% 0.10% 0.50% 0.40% 0.10% 0.50% DWS Short Maturity Rs.5,000/ NIL 0.75% < 06 Months 7th Month 0.50% 0.10% 0.60% DWS Treasury Investment Rs.5,000/ NIL NIL Day % 0.00% 0.00% 0.40% 0.10% 0.50% 0.40% 0.10% 0.50% 0.10% 0.10% 0.20% 0.10% 0.10% 0.20% DWS Banking & PSU Rs.5,000/ NIL 1.00% < 3 Months 4th Month 0.10% 0.05% 0.15% 0.30% 0.10% 0.40% 0.30% 0.10% 0.40% DWS Corporate Debt Opportunities (D2) Rs.5,000/ NIL 3.00% < 3 Yrs 4th Year 2.75% 0.25% 3.00% 0.00% 0.00% 0.00% 0.60% 0.15% 0.75% DWS Medium Term Income Rs.5,000/ NIL 1.00% < 3 Months 4th Month 0.15% 0.05% 0.20% 0.30% 0.10% 0.40% 0.30% 0.10% 0.40% LIQUID PLUS FUNDS DWS Cash Opportunities Rs.5,000/ NIL NIL Day % 0.00% 0.00% DWS Money Plus Rs.5,000/ NIL NIL Day % 0.00% 0.00% 0.60% 0.10% 0.70% 0.30% 0.10% 0.40% 0.50% 0.10% 0.60% 0.20% 0.10% 0.30% DWS Ultra ShortTerm Rs.5,000/ NIL NIL Day % 0.00% 0.00% 0.05% 0.05% 0.10% 0.05% 0.05% 0.10% LIQUID FUNDS DWS Insta Cash Plus Rs.5,000/ NIL NIL Day % 0.00% 0.00% Load Upfront First Year Trail Second Year Trail DEBT FUNDS Super A Category 0.05% 0.00% 0.05% 0.05% 0.00% 0.05% DWS Treasury (Cash) Rs.5,000/ NIL NIL NIL Day % 0.00% 0.00% 0.05% 0.00% 0.05% 0.05% 0.00% 0.05% For internal use only

8 Distributor Remuneration Structure Period of Applicability: January 1 st, 2015 to January 31 st, 2015 This Distributor Remuneration Structure has 3 parts Structure A the Rack Rate (applicable for investments from all locations), Structure B the Additional Rewards Structure (applicable for select funds, applicable for investments from all locations) and Structure C the Additional Brokerage Structure (applicable for select funds, applicable for investments beyond the Top 15 Cities). A Equity s Legends: The symbols L # in the structure above (# denotes a number from 1 through 5) stand for the legends that are outlined in the table below. Please refer to the appropriate legend in the table for its description. L 1 L 2 L 3 L 4 L 5 Trail commission applicable from beginning of the 4 th month from Date of Initial Investment Trail Applicable from beginning of the 7 th Month from Date of Initial Investment Trail Applicable from beginning of the 49 th Month from Date of Initial Investment Trail Applicable from beginning of the 4 th Year from Date of Initial Investment Trail Applicable from beginning of the 2 nd Year from Date of Initial Investment Structure A: Rack Rate Structure Applicable for investments from Top 15 Cities and Beyond Top 15 Type, Name, Plan Upfront Brokerage Trail (% p.a.) 1 st Year 2 nd Year 3 rd Year onwards 1) Franklin India High Growth Companies (FIHGCF) 0.75% 0.00% 0.00% 0.50% 2) Franklin India Flexi Cap (FIFCF) 0.75% 0.50% 0.50% 0.50% 3) Franklin India Opportunities (FIOF) 0.75% 0.50% 0.50% 0.50% 4) Templeton India Equity Income (TIEIF) 0.75% 0.50% 0.50% 0.50% 5) Templeton India Growth (TIGF) 0.75% 0.50% 0.50% 0.50% 6) Franklin Infotech (FIF) 0.75% 0.50% 0.50% 0.50% 7) Franklin India Bluechip (FIBCF) 0.75% 0.50% 0.50% 0.50% 8) Franklin India Prima Plus (FIPP) 0.75% 0.50% 0.50% 0.50% 9) Franklin India Prima (FIPF) 0.75% 0.00% 0.50% 0.50% 10) Franklin Build India (FBIF) 0.75% 0.50% 0.50% 0.50% 11) Franklin India Smaller Companies (FISCF) 0.75% 0.00% 0.50% 0.50% 12) Franklin India Index (FIIF) NSE Nifty Plan 0.00% 0.40% 0.40% 0.40% BSection 80C s 1) Franklin India Taxshield (FIT) 3.00% 0.00% 0.00% 0.50% (L4) 2) Franklin India Pension Plan (FIPEP) 1.50% 0.50% 0.50% 0.50% CHybrid s 1) Franklin India Balanced (FIBF) 0.75% 0.50% 0.50% 0.50% 2) Franklin India Monthly Income Plan (FIMIP) Plan A & B 1.25% 0.00% 0.50% 0.50% DIncome s Long Term 1) Franklin India Income Builder Account (FIIBA) Plan A 1.00% 0.00% 0.75% 0.75% / 0.50%(L4) 2) Franklin India Dynamic Accrual (FIDA) 1.50% 0.00% 0.00% 0.70% (L3) 3) Franklin India Income Opportunities (FIIOF) 0.75% 0.00% 0.00% 0.70% 4) Franklin India Corporate Bond Opportunities (FICBOF) 1.50% 0.00% 0.00% 0.70% (L4) 5) Franklin India Government Securities (FIGSF) Composite/ PF/LT Plans 1.00% 0.00% 0.50% 0.50% 6) Franklin India Short Term Income Plan (FISTIP) Retail Plan 0.50% 0.00% 0.70% 0.70% E Income s Short Term 1) Franklin India Savings Plus (FISPF) 0.15% ^ 0.40% (L1) 0.40% 0.40% 2) Franklin India Low Duration (FILDF) 0.00% 0.20% 0.20% 0.20% 3) Franklin India Banking & PSU Debt (FIBPDF) 0.25% 0.50% (L2) 0.50% 0.50% FLiquid / Liquid + s 1)Franklin India Treasury Management Account (FITMA) Super Institutional Plan 0.00% 0.05% 0.05% 0.05% 2) Franklin India Ultrashort Bond (FIUBF) Super Institutional Plan 0.00% 0.05% 0.05% 0.05% G of s 1) (a) Franklin India Life Stage of s (FILSF) 20s Plan 0.500% 0.375% 0.375% 0.375% 1) (b) Franklin India Life Stage of s (FILSF) 30s Plan 0.400% 0.375% 0.375% 0.375% 1) (c) Franklin India Life Stage of s (FILSF) 40s Plan 0.300% 0.250% 0.250% 0.250% 1) (d) Franklin India Life Stage of s (FILSF) 50s Plan 1.250% 0.000% 0.500% 0.500% 1) (e) Franklin India Life Stage of s ( FILSF ) 50s Plus Floating Rate Plan 1.250% 0.000% 0.500% 0.500% 2) Franklin India Dynamic PE Ratio of s (FIDPEF) 0.750% 0.500% 0.500% 0.500% 3) Franklin India Multi Asset Solution (FIMAS) 3.50% 0.00% 0.00% 0.50% (L4) H International () s 1) Franklin US Opportunities (FUSOF) 0.75% 0.00% 0.00% 0.50% 2) Franklin European Growth (FEGF) 0.75% 0.50% 0.50% 0.50% 3) Franklin Asian Equity (FAEF) 0.75% 0.50% 0.50% Please refer to Note A Applicability of T15 and B15 Cities for payment of Brokerages. RECOVERY OF UPFRONT BROKERAGE PAID THROUGH THE STRUCTURE A & B: The upfront brokerage paid through this structure will be recovered on a ProRata basis as outlined in Notes B (2) (b) and (3) on Page 3 of this document in case the investment is redeemed / switched out to another scheme / switched out to the Direct Plan before the end of the Exit Load period by the Investor or One year from the date of investment, whichever is later. ^ The Upfront Brokerage being paid for FISPF, FIBPDF will be recovered only if the redemption / switch is made before the end of the Exit Load period by the Investor. *The upfront is applicable for 1 year with exit load of the scheme upto 6 months. Hence upfront brokerage being paid for FIBPDF will be recovered if redemption / switch is made before one year from the date of investment. ND D1 (Avendus) ARN86906

9 A Equity s Structure B: Additional Rewards Structure Applicable for investments from Top 15 Cities and Beyond Top 15 Type, Name & Plan Additional Upfront Brokerage 1) Franklin India High Growth Companies (FIHGCF) 2.00% 2) Franklin India Prima (FIPF) 1.25% 3) Franklin India Smaller Companies (FISCF) 1.25% 4) Franklin India Bluechip (FIBCF) 0.50% 5) Franklin India Prima Plus (FIPP) 0.75% 6) Franklin Infotech (FIF) 1.00% 7) Franklin Build India (FBIF) 0.75% 8) Franklin India Opportunities (FIOF) 0.50% 9) Franklin India Flexi Cap (FIFCF) 0.50% 10) Templeton India Equity Income (TIEIF) 0.50% 11) Templeton India Growth (TIGF) 0.50% 12) Franklin India Index (FIIF) NSE Nifty Plan NA BSection 80C s 1) Franklin India Taxshield (FIT) 1.50% 2)Franklin India Pension Plan (FIPEP) 1.00% CHybrid s 1) Franklin India Balanced (FIBF) NA 2) Franklin India Monthly Income Plan (FIMIP) Plan A & B 0.75% DIncome s Long Term 1) Franklin India Income Builder Account (FIIBA) Plan A 0.25% 2) Franklin India Income Opportunities (FIIOF) 0.75% 3) Franklin India Government Securities (FIGSF) Composite/PF/LT Plans 0.50% 4) Franklin India Short Term Income Plan (FISTIP) Retail Plan 0.40% 5) Franklin India Dynamic Accrual (FIDA) 1.50% 6) Franklin India Corporate Bond Opportunities (FICBOF) 1.00% E Income s Short Term 1) Franklin India Low Duration (FILDF) 0.10% ^ 2) Franklin India Savings Plus (FISPF) NA 3) Franklin India Banking & PSU Debt (FIBPDF) NA FLiquid/Liquid + s 1)Franklin India Treasury Management Account (FITMA) Super Institutional Plan 2) Franklin India Ultrashort Bond (FIUBF) Super Institutional Plan NA G of s 1) (a) Franklin India Life Stage of s (FILSF) 20s Plan NA 1) (b) Franklin India Life Stage of s (FILSF) 30s Plan NA 1) (c) Franklin India Life Stage of s (FILSF) 40s Plan NA 1) (d) Franklin India Life Stage of s (FILSF) 50s Plan NA 1) (e) Franklin India Life Stage of s ( FILSF) 50s Plus Floating Rate Plan NA 2) Franklin India Dynamic PE Ratio of s (FIDPEF) 1.000% 3) Franklin India Multi Asset Solution (FIMAS) NA H International s 1) Franklin US Opportunities (FUSOF) 2.75% 2) Franklin European Growth (FEGF) 1.25% 3) Franklin Asian Equity (FAEF) 1.50% NA ^ The Upfront Brokerage being paid for FILDF will be recovered only if the redemption / switch is made before the end of the Exit Load period by the Investor. ND D1 (Avendus) ARN86906

10 Structure C: Additional Brokerage Structure for Beyond 15 Cities Applicable for investments from Beyond Top 15 ; Not Applicable for NRI / other eligible Foreign Investors A Equity s Type, Name & Plan Additional Upfront Brokerage 1) Franklin Build India (FBIF) 1.50% 2) Franklin India Bluechip (FIBCF) 1.50% 3) Franklin India Flexi Cap (FIFCF) 1.50% 4) Franklin India High Growth Companies (FIHGCF) 1.50% 5) Franklin India Opportunities (FIOF) 1.50% 6) Franklin India Prima (FIPF) 1.50% 7) Franklin India Prima Plus (FIPP) 1.50% 8) Franklin India Smaller Companies (FISCF) 1.50% 9) Franklin Infotech (FIF) 1.50% 10) Templeton India Equity Income (TIEIF) 1.50% 11) Templeton India Growth (TIGF) 1.50% 12) Franklin India Index (FIIF) NSE Nifty Plan NA BSection 80C s 1) Franklin India Taxshield (FIT) 1.25% 2) Franklin India Pension Plan (FIPEP) 0.75% C Hybrid s 1) Franklin India Balanced (FIBF) 1.75% 2) Franklin India Monthly Income Plan (FIMIP) Plan A & B NA DIncome s Long Term 1) Franklin India Income Opportunities (FIIOF) NA 2) Franklin India Corporate Bond Opportunities (FICBOF) NA 3) Franklin India Government Securities (FIGSF) Composite/PF/LT Plans NA 4) Franklin India Short Term Income Plan (FISTIP) Retail Plan NA 5) Franklin India Income Builder Account (FIIBA) Plan A NA 6) Franklin India Dynamic Accrual (FIDA) NA E Income s Short Term 1) Franklin India Low Duration (FILDF) NA 2) Franklin India Savings Plus (FISPF) NA 3) Franklin India Banking & PSU Debt (FIBPDF) NA FLiquid Liquid + s 1)Franklin India Treasury Management Account (FITMA) Super Institutional Plan NA 2) Franklin India Ultrashort Bond (FIUBF) Super Institutional Plan NA G of s 1) (a) Franklin India Life Stage of s (FILSF) 20s Plan NA 1) (b) Franklin India Life Stage of s (FILSF) 30s Plan NA 1) (c) Franklin India Life Stage of s (FILSF) 40s Plan NA 1) (d) Franklin India Life Stage of s (FILSF) 50s Plan NA 1) (e) Franklin India Life Stage of s ( FILSF ) 50s Plus Floating Rate Plan NA 2) Franklin India Dynamic PE Ratio of s (FIDPEF) 1.250% 3) Franklin India Multi Asset Solution (FIMAS) NA H International s 1) Franklin US Opportunities (FUSOF) 1.50% 2) Franklin European Growth (FEGF) 1.50% 3) Franklin Asian Equity (FAEF) 1.50% RECOVERY OF UPFRONT BROKERAGE / TRAIL PAID THROUGH THE STRUCTURE C: The upfront brokerage and trail paid through this structure will be recovered fully as outlined in Notes B (2) (d) and (3) on Page 3 of this document in case the investment is redeemed / switched out to another scheme / switched out to the Direct Plan before the end of ONE YEAR by the Investor from the date of investment. Notes: A. Applicability of T15 and B15 Cities for payment of Brokerages: The List of Top 15 cities is released by AMFI as per the criteria outlined in the SEBI circular no. CIR/IMD/DF/21/2012 dated September 13, In terms of the captioned circular, top 15 cities are based on Association of Mutual s in India (AMFI) data on AUM by Geography Consolidated Data for Mutual Industry. The Top 15 (T 15) cities as of June 2014 are Ahmedabad, Bangalore, Baroda, Chandigarh, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai (including Thane & Navi Mumbai), New Delhi (including NCR), Panjim, Pune and Surat. Cities beyond T15 are classified as Beyond Top 15 (B15) cities. NRI & other eligible Foreign Investor Investments business shall also be considered as T15 business. Brokerage Structure A & B outlined in the document will be applicable to mobilizations from T15/B15 cities (if applicable), whereas Brokerage Structure C will be applicable to mobilization from B15 cities. The Brokerage Structure A and B outlined on Pages 1 and 2 will be applicable for all investments sourced from Investors residing in T15 cities mentioned above. In addition, these structures will also be applicable to all Investments made by the NonResident Indians (NRIs) and other eligible Foreign Investors. The Brokerage Structure C outlined on Page 2 will be additionally applicable for all investments sourced from Investors residing in B15 cities and will not be applicable to investments made by NRIs and other eligible Foreign Investors. B. General: 1. The Upfront Brokerage outlined in the table above is applicable for the above mentioned period. However, Franklin Templeton Asset Management (I) Pvt. Ltd. reserves the right to change the Brokerage Rates applicable Upfront / Trail in the intermittent period in case of Regulatory Changes / Change in Industry practices in respect to payment of Brokerage on s. 2. Recovery of Upfront Brokerage Paid: The recovery of Upfront Brokerage paid to the Distributor will be made in the following circumstances: a. The Upfront Brokerage paid to a Distributor will be recovered from the Distributor, if the money for which such upfront brokerage was paid is redeemed /switched out to any other scheme or the Direct Plans before the completion of the Exit Load period / One Year from the date of Investment (as applicable). The basis for the same will be as outlined in points (b) and (d) below. b. For Structures A and B outlined on Pages 1 and 2 of this document respectively, the Recovery will be made on a prorata basis, depending upon the number of days for which the investment has stayed invested in the fund before being redeemed / switched out to any other scheme or the Direct Plan before the completion of the Exit Load period OR One Year from the date of investment, whichever is later. i. No. of days will be considered for the computation of the recoveries wherever the Exit Loads are mentioned in months 1 month will be considered as 30 days, 3 months as 90 days, 6 months as 180 days, 9 months as 270 days and 1 year as 365 days respectively. ii. For redemptions before the Exit Load period, the recovery of the brokerage will be equal to Upfront Brokerage paid x (No. of days for the Exit Load period No. of days the monies have stayed in the funds) / (No. of days for the Exit Load period). c. The following example explains the same: i. An upfront brokerage of 0.75% is paid on an Equity, where the Exit Load period is 1 year. For an investment of Rs. 100,000/, a distributor ND D1 (Avendus) ARN86906

11 Annexure A A. EQUITY SCHEMES Application Upfront Trail * Size Fees** JPMorgan India Equity NA 2.75% 1.00% (19 th month onwards) JPMorgan India Mid & Small Cap NA 2.75% 1.00% (19 th month onwards) JPMorgan India Tax Advantage NA 5.00% 0.50% (4 th Year onwards) JPMorgan India Top 100 NA 2.75% 1.00% (19 th month onwards) JPMorgan India Equity Savings NA 1.75% 0.75% (19 th month onwards) JPMorgan Greater China Equity Offshore Equity NA 1.50% 0.50% (Day 1 onwards) JPMorgan Emerging Europe, Middle East and Africa Equity Offshore NA 1.50% 0.50% (Day 1 onwards) JPMorgan ASEAN Equity Offshore Equity NA 1.50% 0.50% (Day 1 onwards) JPMorgan US Value Equity Offshore Equity NA 1.50% 0.50% (Day 1 onwards) JPMorgan Europe Dynamic Offshore Equity NA 1.50% 0.50% (Day 1 onwards) JPMorgan Emerging Market Opportunities NA 1.75% 0.50% (13 th month onwards) * Trail Payout is applicable from the time of Investment and is on an annualized basis (p.a.) * Trail Payout is Payable on a monthly basis **Clawback will be applicable on all upfront fees paid. This clawback would be on a prorata basis depending on redemption of investments prior to the exit load period. B. FIXED INCOME SCHEMES Application Size Upfront Fees** Trail * JP Morgan India Liquid Super Institutional Plan NA Nil 0.10% (Day 1 onwards) JP Morgan India Treasury Super Institutional Plan NA Nil 0.15% (Day 1 onwards) JP Morgan India Active Bond NA 1.20% 1.00% (13 th month onwards) JP Morgan India Short Term Income 5 Crs & below 0.40% 0.50% (7 th month onwards) Above 5 Crs 0.15% 0.50% (7 th month onwards) JPMorgan India Banking & PSU Debt NA 0.90% Nil JPMorgan India Corporate Debt Opportunities NA 1.50% 0.50% (37 th month onwards) JPMorgan India Government Securities NA 2.00% 0.75% (37 th month onwards) * Trail Payout is applicable from the time of Investment and is on an annualized basis (p.a.) * Trail Payout is Payable on a monthly basis **Clawback will be applicable on all upfront fees paid. This clawback would be on a prorata basis depending on redemption of investments prior to the exit load period.

12 Commission Structure for L&T Mutual Equity & Hybrid Schemes (From 1 st October 2014 to 31 st December 2014) Name of the Prepaid Commission* Trail(apm) Total Earnings in Year 1 1 st Year 2 nd to 5 th Year 6 th Year onwards for T 15 Cities Equity and Balanced s B15 Incentive Total Earnings in Year 1 for B 15 Cities L&T Business Cycles 2.50%** Nil 0.75%~ 0.50% 2.50% 1.50% 4.00% L&T Equity L&T India Large Cap L&T Mid Cap L&T Infrastructure L&T India Special Situations L&T Global Real Assets 0.75%** Nil 0.60% 0.50% 0.75% 1.50% 2.25% L&T India Value L&T Indo Asia L&T India Prudence L&T India Equity and Gold ELSS L&T Tax Advantage 4.00%*** Nil 0. 50%# 0.50% 4.00% 1.50% 5.50% Hybrid s L&T Monthly Income Plan 1.25%** Nil 0.50%# 0.50% 1.25% 1.50% 2.75% L&T MIP Wealth Builder 1.25%** 0.25% 0.50% 0.50% 1.50% 1.50% 3.00% Arbitrage L&T Arbitrage Opportunities Nil 0.40% 0.40% 0.40% 0.40% 0.00% 0.40% * L&T IM wishes to enhance the quality of service provided to its investors to improve retention of investments in its schemes. For this purpose, the AMC intends to fund the distributors through a prepayment of commission to enable them to service their clients. The prepayment will be based on the amount invested by the customer at the rates specified in the table above. The distributor is entitled to keep this commission if the investor stays through the exit period. In the event the investment is withdrawn before completion of this period, the proportionate prepaid commission which corresponds to the balance exit period would be recovered or adjusted against other amounts payable to such distributors. ** For investments > Rs.3 Crore, no prepaid commission (basic or additional) will be paid. Instead, the prepaid commission indicated above would be paid out in 12 equal instalments. *** For investments > Rs. 3 Crore no prepaid commission (basic or additional) will be paid. It will be paid as trail commission at the below mentioned rates: Year1: 1.50%, Year2: 1.50%, Year3: 1.00%; ~ From 19 th month onwards # From 4 th year onwards for L&T Tax Advantage and L&T Monthly Income Plan

13 Commission Structure for L&T Mutual Debt s (From 1 st October 2014 to 31 st December 2014) Name of the Prepaid Commission* Trail(apm) Total Earnings in Year 1 for T 15 Cities Basic Additional 1 st Year 2 nd Year onwards B 15 Incentive Total Earnings in Year 1 for B 15 Cities L&T Income Opportunities 1.25%** 1.75% Nil 0.50%# 3.00% 0.50% 3.50% L&T Triple Ace Bond 1.00%** Nil Nil 0.50% 1.00% Nil 1.00% L&T Flexi Bond 0.75%** Nil 0.50% $ 0.50% 1.00% Nil 1.00% L&T Short Term Income 0.75%** Nil Nil 0.50% 0.75% Nil 0.75% L&T Gilt Nil Nil 0.70% 0.70% 0.70% Nil 0.70% L&T Short Term Opportunities Nil Nil 0.50% 0.50% 0.50% Nil 0.50% L&T Low Duration Nil Nil 0.50% 0.50% 0.50% Nil 0.50% L&T Ultra Short Term Nil Nil 0.20% 0.20% 0.20% Nil 0.20% L&T Floating Rate Nil Nil 0.10% 0.10% 0.10% Nil 0.10 % L&T Liquid Nil Nil 0.05% 0.05% 0.05% Nil 0.05% L&T Cash Nil Nil 0.70% 0.70% 0.70% Nil 0.70% * L&T IM wishes to enhance the quality of service provided to its investors to improve retention of investments in its schemes. For this purpose, the AMC intends to fund the distributors through a prepayment of commission to enable them to service their clients. The prepayment will be based on the amount invested by the customer at the rates specified in the table above. The distributor is entitled to keep this commission if the investor stays through the exit period. In the event the investment is withdrawn before completion of this period, the proportionate prepaid commission which corresponds to the balance exit period would be recovered or adjusted against other amounts payable to such distributors. ** For investments > Rs.5 Crore, no prepaid commission(basic or additional) will be paid. Instead, the prepaid commission indicated above would be paid out in 12 equal instalments. # From 4 th year onwards for L&T Income Opportunities $ From 7 th month onwards

14 Brokerage Structure for the period 1st Jan 2015 to 31st Mar 2015 Large Cap Diversified Category: Religare Invesco Business Leaders Mid Cap Diversified Category: Religare Invesco Mid Cap Religare Invesco Mid N Small Cap Fixed Income Accrual Category: Religare Invesco Bank Debt Multi Cap Diversified Category: Religare Invesco Growth Religare Invesco Equity ELSS/ Tax Saver Category: Religare Invesco Tax Plan Fixed Income Duration Category: Religare Invesco Active Income Arbitrage Category: Religare Invesco Arbitrage Name ARN Category Name of the Application Size Base Incentive (%)# Special Incentive (for T15 Cities only) Retention Incentive (for B15 Cities only) Trail (% p.a.) 1st year Trail (% p.a.) 2nd year onwards International FoF Equity ELSS Hybrid Gold for applications <= Rs. 2crs 1.50 NIL NIL NIL 0.50 (19th month onwards) for applications > Rs. 2crs NIL NIL NIL for applications <= Rs. 2crs for applications > Rs. 2crs NIL NIL NIL for applications <= Rs. 2crs 3.50 NIL NIL NIL for applications > Rs. 2crs NIL NIL NIL for applications <= Rs. 2crs 5.00 NIL NIL NIL NIL* for applications > Rs. 2crs NIL NIL NIL * Religare Invesco MIP Plus / for applications <= Rs. 2crs Religare Invesco Monthly Income Plan for applications > Rs. 2crs NIL NIL NIL for applications <= Rs. 2crs 1.25 NIL NIL NIL for applications > Rs. 2crs NIL NIL NIL 0.50 Equity oriented Religare Invesco Arbitrage for applications <= Rs. 10crs 0.15 NIL NIL for applications > Rs. 10crs NIL NIL NIL 0.60 Liquid Debt Gilt Religare Invesco Equity Schemes ^^ Religare Invesco Contra Religare Invesco Tax Plan Religare Invesco Gold Religare Invesco Overnight Any amount NIL NIL NIL Religare Invesco Liquid Any amount NIL NIL NIL Religare Invesco Ultra Short Term for applications <= Rs. 2crs NIL NIL NIL for applications > Rs. 2crs NIL NIL NIL Religare Invesco Short Term Any amount NIL NIL NIL Religare Invesco Credit Opportunities Any amount NIL NIL NIL Religare Invesco Medium Term Bond for applications <= Rs. 2crs 0.50 NIL NIL 0.60*** 0.60 for applications > Rs. 2crs NIL NIL NIL Religare Invesco Active Income Any amount NIL NIL NIL Religare Invesco Corporate Bond Opportunities for applications <= Rs. 10crs 2.75 NIL NIL NIL NIL $ for applications > Rs. 10crs NIL NIL NIL Religare Invesco Bank Debt Any amount NIL NIL NIL Religare Invesco Gilt Long Duration Any amount NIL NIL NIL Religare Invesco Gilt Short Duration Any amount NIL NIL NIL Note: * In Religare Invesco Tax Plan, Trail from 4th Year 0.75% *** First year trail in Medium Term Bond is payable from the 7th month onwards. + First year trail in Religare Invesco Arbitrage is payable from 4th month In Religare Invesco Contra, Trail from 3rd Year 0.50% $ In Religare Invesco Corporate Bond Opportunities, Trail from 4th Year 0.50% Terms & Conditions # ^^Equity Schemes Include: Religare Invesco AGILE, Religare Invesco Banking, Religare Invesco Business Leaders, Religare Invesco Contra, Religare Invesco Equity, Religare Invesco Growth, Religare Invesco Infrastructure, Religare Invesco Mid Cap, Religare Invesco Mid N Small Cap & Religare Invesco PSU Equity. # Upfront payments are computed on the investment value. # In case the investment is redeemed/ switched out for any reason whatsoever, within 1 year from Equity Schemes (except Contra fund), MIP, MIP Plus & Gold FoF, within 24 months from Contra fund, within 36 months from Corporate bond opportunities fund, within 18 months for Pan European Equity & Global Equity Income, within 3 months from Arbitrage and within 6 months from Meduim Term Bond, the proportionate amount of Base Incentive & Special Incentive and full amount of Retention Incentive paid shall be recovered/ clawed back/ set off from the future brokerage payments, at AMC s sole discretion. Date : 1st Jan 2015 Religare Invesco Pan European Equity Religare Invesco Global Equity Income # In case the brokerage payable to the distributor is insufficient to cover the clawback amount, the claowback will be tried for three consicutive months post which a demand notice will be sent to the distributor asking him to refund the money to the AMC. In case the distributor doesnot pay the money within one month from the date of the receipt of the notice, the AMC will approach AMFI for the resolution of the same or initiate the required corrective action including legal proceedings as it may deem fit. # No upfront incentive shall be payable for switches within and between Equity, FoF International (Pan European Equity & Global Equity Income ) & Hybrid (MIP/ MIP Plus) categories # "T15" cities currently include Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad, Baroda, Panjim, Jaipur, Lucknow, Surat, Kanpur and Chandigarh. "B15" cities are locations beyond T15 cities as identified from time to time by the regulators. # Tagging of a transaction as B15 transaction solely rests with the AMC, including any guidelines issued by AMFI. # Brokerage rates are inclusive of all taxes, cost charges & expenses incurred by you. # Brokerage will be payable only to distributors empanelled with us and for applications logged under their respective ARN. # The above mentioned brokerage is applicable subject to provisions of SEBI Circulars as ammended from time to time. # Above data / information / brokerage structure is as on this date and is subject to ammendments persuant to any regulatory changes. # The AMC reserves the right to ammend/withdraw the above brokerage structure on a prospective basis without assigning any reasons. # In accordance with the clause 4(d) of SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09 dated June 30, 2009, the distributors should disclose all the commissions (in the form of trail commission or any other mode) payable to them for the different competing schemes of various mutual funds from amongst which the scheme is being recommended to the investor. Distributors are advised to ensure compliance of the same. # This structure will supersede any existing brokerage structure for the month ending 31st Mar PBND 0.50

15 Avendus Brokerage Structure Jan to Mar'15 Focused Schemes Jan to Mar 2015 (Lumpsum Investments only) T15 B15 Claw Back Annual Trail paid in 1st Yr. Trail 2nd Yr. Onwards Trail paid in Category Period for Retention 1st Yr. Trail (p.a) advance (a) (p.a) Trail (p.a) advance (b) a,b,c Incentive (c) Focused Schemes Equity Focussed Schemes Debt 2nd Yr. Onwards Trail (p.a) Reliance Vision 1.75% NIL 0.50% 1.75% 1.50% NIL 0.50% Reliance Growth 1 year 1.75% NIL 0.50% 1.75% 1.50% NIL 0.50% Reliance Equity Opportunities fund, 2.00% NIL 0.50% 2.00% 1.50% NIL 0.50% 0.50%(from 19th Reliance Long Term Equity 2.00% NIL 2.00% 1.00% NIL 0.50%(from 19th month) 18 Months month) 0.50%(from 19th Reliance Top % NIL 2.50% 1.50% NIL 0.50%(from 19th month) month) Reliance Tax Saver (ELSS) 3 yr lockin 4.50% NIL 0.5% (4th Yr onwards) 4.50% 1.50% NIL 0.5% (4th Yr onwards) Claw Back Trail paid in 1st Yr. Trail 4th year onwards Trail paid in Annual 4th year onwards Trail 1st Yr. Trail (p.a) Period for advance (a) (p.a) Trail (p.a.) advance (b) Retention (p.a.) Reliance Monthly Income Plan 3 years 3.00% NIL 0.65% 3.00% 1.50% NIL 0.65% Reliance Corporate Bond 3 years 3.00% NIL 0.65% 3.00% NIL NIL 0.65% Note : Pls refer Note 3 & 4 in Terms & Conditions for rate on SIP Investments Lumpsum investments only T15 B15 Claw Back Annual Trail paid in 1st Yr. Trail 2nd Yr. Onwards Trail paid in Period for Retention advance (a) (p.a) Trail (p.a) advance (b) a,b,c Incentive (c) Balanced & Small Cap Regular Savings Balanced 18 months 2.25% NIL 0.50%(from 19th month) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) 2.25% 1.00% NIL 0.50%(from 19th month) Reliance Small Cap 2 years 2.50% NIL 0.5%(3rd yr onwards) 2.50% 1.00% NIL 0.5%(3rd yr onwards) Note : Pls refer Note 3 & 4 in Terms & Conditions for rate on SIP Investments Lumpsum &SIP T15 B15 Category Claw Back Period for a,b,c Trail paid in advance (a) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) Trail paid in advance (b) Annual Retention Incentive (c) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) Other Equity Reliance NRI Equity, Focussed Large Cap, Quant Plus, Reliance Banking, Diversified Power, Media & Entertainment, Pharma, Reliance Banking, Reliance Regular Savings Equity, Japan Equity 1 yr 0.75% 0.75% 0.50% 0.75% 1.50% 0.75% 0.50% Category Equity Claw Back Period for a,b,c Trail paid in advance (a) T15 B15 Annual 1st Yr. Trail 2nd Yr. Onwards Trail paid in Retention (p.a) Trail (p.a) advance (b) Incentive (c) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) Index Sensex Plan & Nifty Plan* No Claw back NIL 0.60% 0.50% NIL NIL 0.60% 0.50% 0.40%(4th 0.40%(4th month Arbitrage 3 months 0.15% month 0.50% 0.15% NIL 0.50% onwards) Clawback onwards) * Exit load has been revised to 7 days Only Lumpsum T15 B15 Category Claw Back Annual Trail paid in 1st Yr. Trail 2nd Yr. Onwards Trail paid in Period for Retention advance (a) (p.a) Trail (p.a) advance (b) a,b,c Incentive (c) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) FOF Reliance Gold Saving 1 yr 0.75% NIL 0.35% 0.75% NIL NIL 0.35% Category Debt Claw Back Period for a,b,c Trail paid in advance (a) 1st Yr. Trail (p.a) T15 B15 Annual 2nd Yr. Onwards Trail paid in Retention Trail (p.a) advance (b) Incentive (c) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) Income No Claw back NIL 0.90% 0.50% NIL NIL 0.90% 0.50% Regular Savings Debt 1 year 1.25% NIL 0.65% 1.25% NIL NIL 0.65% Reliance Gilt Securities No Claw back NIL 1.15% 1.00% NIL NIL 1.15% 1.00% Reliance Dynamic Bond 1 Year 1.25% NIL 0.40% 1.25% NIL NIL 0.40% Short Term 1 Year 0.75% NIL 0.45% 0.75% NIL NIL 0.45% Floating Rate Short Term Plan No Claw back NIL 0.40% 0.35% NIL NIL 0.40% 0.35% Category Claw Back Period for a,b,c Trail paid in advance (a) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) Trail paid in advance (b) 1st Yr. Trail (p.a) 2nd Yr. Onwards Trail (p.a) Reliance Money Manager NIL 0.35% 0.25% NIL 0.35% 0.25% Ultra Short Term Medium Term NIL 0.15% 0.10% NIL 0.15% 0.10% Liquidity No Claw back NIL 0.05% 0.05% NIL 0.05% 0.05% Liquid s Liquid Cash Plan NIL 0.75% 0.50% NIL 0.75% 0.50% Liquid Treasury Plan NIL 0.05% 0.05% NIL 0.05% 0.05% Please refer annexure for details terms & conditions T15 B15

16 TATA MUTUAL FUND BROKERAGE & LOAD STRUCTURE Equity (Lumpsum & SIP/STP Investments) w.e.f 01st January 2015 to 31st March 2015 For All Locations (Top 15 & Beyond 15 Locations) Additional Payout (Only for B15 Locations) Investment Size Distribution Incentives ^ Additional Distribution Incentive (Only for Lumpsum)^ 1st Year Trail 2nd Year Trail 3rd Year Onwards Trail Special Incentive ^ Equity / Balanced / Hybrid Schemes ^ Tata Midcap growth,tata Ethical Tata Balanced,Tata Equity PE, Tata Dividend Yield,Tata Pure Equity,Tata Equity Opportunities,Tata Infrastructure,Tata Indo Global Infrastructure,Tata Growing Economies Infrastructure Tata MIP Plus,Tata Monthly Income Tata Index Plan A (Sensex),Tata Index Plan A (Nifty) ELSS Schemes Investment Size Distribution Incentives^ Tata Tax Saving (Compulsory Lock in of 3 years from the DOA) Special Schemes Tata Young Citizen's (Applicable for Children with less / more than 15 years of age)(compulsory Lock in Option) a) apm Annualised payable monthly; DOA Date of Allotment. 1.00% apm <= Rs. 5 Crs 2.25% 0.50% NIL (Trail Payable from 19th Mth 0.75% apm 1.75% onwards) > Rs. 5 Crs Nil 0.50% apm 2.25% apm 1.00% apm 0.75% apm 1.75% apm 1.00% apm <= Rs. 5 Crs 2.00% 0.50% NIL (Trail Payable from 19th Mth 0.75% apm 1.75% onwards) > Rs. 5 Crs Nil 0.50% apm 2.00% apm 1.00% apm 0.75% apm 1.75% apm <= Rs. 5 Crs 1.50% 0.50% NIL 1.00% apm 0.75% apm 1.75% > Rs. 5 Crs Nil 0.50% apm 1.50% apm 1.00% apm 0.75% apm 1.75% apm <= Rs. 5 Crs 1.50% 0.25% Nil 1.00% apm 1.00% apm 1.50% > Rs. 5 Crs NIL 0.25% apm 1.50% apm 1.00% apm 1.00% apm 1.50% apm Rs. 5000/ NIL NIL 0.60% apm 0.60% apm 0.60% apm NIL Additional Distribution Incentive (Only for Lumpsum)^ 1st Year Trail * 2nd Year Trail * 3rd Year Trail * Special Incentive ^ <= Rs. 5 Cr # NIL 0.50% 1.83% apm 1.83% apm 1.84% apm 1.00% apm 1.50% * AMC would arrange for advance payment against the first 3yrs trail payments in the and the same would be recovered from the trail payments as & when due during the tenure of the. This would be applicable only for individual application size of up to Rs.5 crs. # No advance payment against the trail payments in the for application size of above Rs.5 crs. For application size > 5 Cr it would be payable in normal trail form only Special Schemes Tata Retirement Savings Conservative Plan Investment Holding Period < =3 yrs > 3 yrs & < =7 yrs > 7 yrs ^ PLEASE REFER TO POINT 2 IN TERMS & CONDITIONS (PAGE 3) FOR DETAILS Notes: Tata Retirement Savings Progressive Plan & Moderate Plan 1 st Year 2nd Year To 4th Year 1.25% 0.50% 0.50% apm 1.65% apm 1.00% 0.50% 0.50% apm 1.65% apm # Not applicable for the Investor of Age 60 years and above. Further in case of SIP, SIP registered before investors attains 60 years of age, NO DISTRIBUTION INCENTIVE, SPECIAL INCENTIVE Shall be payable for installments falling due after the investor attains the age of 60 years, Tata Young Citizen's Any time exit option (If child attains majority before / after 7 Yrs. From date of allotment) Investment Size Distribution Incentives ^ Additional Distribution Incentive (Only for Lumpsum)^ 1st Year Trail 3rd Year Onward Trail #Special Incentive ^ 1.50% 1.50% Special Incentive ^ 1.00% 0.50% 0.50% apm 0.75% apm 1.00% apm 1.50% b) Lumpsum investments Minimum application amount Rs.500/ under Tata Young Citizens' & Tata Tax Savings, Rs.10,000/ under Tata Growing Economies Infrast., Rs.5000/ for all other (above mentioned) Schemes. c) Investment options in all the above schemes Dividend/Growth, for Tata Young Citizens' it is only Growth d) Amount invested in TATA TAX SAVING FUND will remain locked in for 3 years from the date of allotment irrespective of any change in the tax laws For other terms & conditions please refer to page 3. Distribution Incentive ^ # Any Amount Additional Distribution Incentive (Only for Lumpsum)^ 1.00% 0.50% 0.50% apm Trail 2nd YearTrail 0.75% apm 4th Year onward Trail 5th Year Onwards 1.65% apm 1.65% apm 1.00% apm 1.50% 1 / 4

17 BROKERAGE & LOAD STRUCTURE Debt (Lumpsum & SIP/STP Investments) w.e.f 01st January 2015 to 31st March 2015 For All Locations (Top 15 & Beyond 15 Locations) Brokerage Structure Investment Size Distribution Incentives ^ Liquid s 1st Year Trail 2nd Year Onward Trail Tata Liquid Plan A Rs. 5,000/ NIL 0.05% apm Tata Money Market Plan A Rs. 5,000/ NIL 0.05% apm Tata Liquidity Management Rs. 10,000 NIL 0.05% apm 0.05% apm 0.05% apm 0.05% apm Debt Ultra Short Term & Floating Rate s Tata Floater Rs. 5,000 NIL 0.20% apm Tata Treasury Manager Plan A Rs. 5,000 NIL 0.75% apm Tata Floating Rate (Long Term) # Rs. 10,000 NIL 0.05% apm 0.20% apm 0.75% apm 0.05% apm Gilt s Tata Gilt Short Maturity Rs. 10,000 NIL 1.00% apm 1.00% apm Tata Gilt Securities Plan A <= Rs. 5 Crs 0.70% 1.00% apm * 1.00% apm > Rs. 5 Crs Nil 1.20% apm 1.00% apm Investment Size Distribution Incentive Tata Gilt Mid Term 1st Year Trail 2nd Year Trail 3rd Year Trail <= 10 Crs 2.00% NIL NIL NIL > 10 Crs NIL 0.75% apm 0.75% apm 0.50% apm 4th Year Onward Trail 0.25% apm 0.25% apm Income Schemes Tata Income Plus Plan A Tata Income Tata Short Term Bond Tata Dynamic Bond Plan A Investment Size <= Rs. 5 Cr 1.40% Nil 1.25% apm 1st Year Trail > Rs. 5 Cr NIL 1.40% apm <= Rs. 5 Crs 1.25% NIL 1.00% apm > Rs. 5 Crs Nil 1.00% apm Investment Size Distribution Incentives ^ Distribution Incentives ^ <= Rs. 5 Cr 0.60% NIL 0.70% apm 1st Year Trail > Rs. 5 Cr NIL 0.60% apm Investment Size Distribution Incentives ^ 1st Year Trail 2nd Year Onward Trail <= Rs. 5 Cr 1.40% Nil 1.25% apm > Rs. 5 Cr Nil 1.40% apm 2nd Year Onward Trail 1.25% apm 1.00% apm 2nd Year Onward Trail 0.70% apm 1.25% apm ^ PLEASE REFER TO POINT 2 IN TERMS & CONDITIONS (PAGE 3) FOR DETAILS Notes: a) apm Annualised payable monthly; # Bonus/Dividend/Growth options available, others have Dividend/Growth options. *Gilt securities fund trail payable from 7th monthonwards Incase of Tata Dynamic Bond distribution Incentive is with proportionate Clawback, if redeemed with in / upto 12 months from the Date of Allotment. Incase of Tata Gilt Mid Term distribution Incentive is with proportionate Clawback, if redeemed within 36 months from the Date of Allotment. Incase of Tata Short Term Bond distribution Incentive is with proportionate Clawback, if redeemed within 6 months from the Date of Allotment. For other terms & conditions please refer to page 3. 2 / 4

18 CATEGORY I : Equity & Balanced Group A T 15 Additional Upfront Upfront Trail 1st Year Trail 2nd Year for B % 0.00% 0.75% 1.00% Group A : UTI Opportunities, UTI Dividend Yield, UTI Equity, UTI Mastershare, UTI Top 100, UTI Leadership, UTI Wealth Builder, UTI Balanced & UTI CRTS Group B T 15 2nd Year Trail starts Upfront Trail 1st Year from 549th day Onwards Additional Upfront for B % 0.00% 0.75% 1.00% Group B : UTI Mid Cap, UTI India Lifestyle, UTI Infrastructure, UTI Banking, UTI Pharma, UTI Energy, UTI T&L, UTI Multi Cap, UTI MNC CATEGORY II : Equity Linked Saving Scheme (UTI ETSP) Business slab (During the period 1st Jan to 31st Mar'15 Upfront Trail 1st to 3rd Year Perpetual trail from 4th Year ` Additional Upfront for B 15 Upto 10 Lakhs 4.50% Nil 0.50% 1.50% > 10 Lakhs <= 25 Lakhs 4.75% Nil 0.50% 1.50% > 25 Lakhs <= 50 Lakhs 5.00% Nil 0.50% 1.50% > 50 Lakhs <= 100 Lakhs 5.25% Nil 0.50% 1.50% > 100 Lakhs 5.50% Nil 0.50% 1.50% CATEGORY III : UTI Nifty Index Upfront Trail 1st Year Trail 2nd Year & Perpetual Nil 0.05% 0.05% CATEGORY IV : Spread Upfront Trail starts from 7th month Onwards 0.30% 0.40% The above structure is valid from 1st January 31st March 2015 T15 refers to the Top 15 Cities provided by AMFI and B 15 refers to all the cities beyond the Top 15 Cities. The list of Top 15 cities is as follows Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad, Baroda, Panjim, Jaipur, Lucknow, Surat, Kanpur and Chandigarh 1st Year total includes all expenses i.e. marketing expense/ 1st year trail/ additional upfront,focussed fund offer and contest if any. UTI AMC may change the rates / periodicity etc. of commission/ trail commission in case of change in regulations / expense ratio and any other factors which have an impact on such payments. Please read the latest SID/s and addendums thereto carefully confirm the scheme details In case the investment is redeemed within the exit load period, as applicable, the proportionate (i.e. for the remaining period of exit load period) of upfront (including addtional upfront/ incentive, if any) paid shall be recovered/clawed back/ set off from the future brokerage payments, at AMC s sole discretion. For switches between schemes following would be applicable 1. Income & Liquid fund/s to Equity and Balanced fund/s: Upfront & additional upfront commission as payable on destination scheme in respect of switchover. Trail commission as applicable to the destination fund will be payable in respect of switchover. 2. Equity & Balanced fund/s to Equity & Balanced fund/s: No upfront or additional upfront would be payable. Trail commission as applicable to the destination fund will be payable in respect of switchover. 3.Equity & Balanced fund/s to Income & Liquid fund/s including UTI RBP, UTI ULIP, UTI CCP Balance and Advantage: Upfront & additional upfront commission as payable on destination scheme in respect of switchover.trail commission as applicable to the destination fund will be payable in respect of switchover. 4. Income fund/s to Income fund/s:upfront & additional upfront commission as payable on destination scheme in respect of switchover.trail commission as applicable to the destination fund will be payable in respect of switchover.

19 Liquid Category s Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual UTI Liquid Cash Plan Any Amount NIL 0.05% 0.10% UTI Money Market Any Amount NIL 0.05% 0.10% Ultra Short Term Category s Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual UTI Treasury Advantage Any Amount NIL 0.20% 0.20% Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual UTI Floating Rate Any Amount NIL 0.75% 0.50% Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual UTI Bond Any Amount NIL 1.10% 1.10% UTI Short Term Income Any Amount NIL 0.80% 0.80% UTI GSec Short Term Plan Any Amount NIL 0.30% 0.20% UTI Banking & PSU Debt Any Amount NIL 0.20% 0.20% UTI MIS Advantage Plan Any Amount NIL 1.20% 1.10% Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual UTI Dynamic Bond < 25 Lacs 0.75% NIL 0.70% >= 25 Lacs & < 1 Crs 0.80% NIL 0.70% >= 1 Crs 0.90% NIL 0.70% Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual UTI Income Opportunities < 25 Lacs 1.00% NIL 1.00% >= 25 Lacs & < 1 Crs 1.10% NIL 1.10% >= 1 Crs 1.20% NIL 1.20% Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual UTI Gilt Advantage < 5 Crs. 1.60% NIL 0.60%^ >= 5 Crs 1.80% NIL 0.60%^ Application Size Upfront Trail 1st year 2nd year o/w Trail Perpetual < 25 Lacs 3.25% NIL 1.00%^ UTI Monthly Income Scheme >= 25 Lacs & < 1 Crs 3.50% NIL 1.00%^ >= 1 Crs 3.75% NIL 1.00%^ ^ Trail under UTI Monthly Income Scheme & UTI Gilt Advantage, starts from 37th month onwards Please note : 1. The above rates are applicable for the period 1st January 31st March The structure of commission is independently applicable to each scheme 3. Intermediaries are not entitled to commission / incentive on their own business. Commission/ incentive is not payable for investment made by sponsors of UTI AMC. 4. The commission rates are inclusive of all taxes/ levies/statutory duties /service tax etc 5. First year trail commission is calculated from the date of the investment till the end of the first year of investment or till the investor stays invested in the scheme, whichever is earlier and is calculated on prorata basis, by taking the average of net asset value during the period under consideration and on the outstanding units. 6. Second year & onwards trail commission is calculated from date of completion of one year from the date of investment. It is calculated on prorata basis, by taking average of net asset value during the period under consideration. Second year trail commission as applicable to the scheme is paid either perpetually till the investor stays invested in the scheme or for the specific period mentioned in the commission structure applicable to the scheme 7. UTI AMC may change the rates / periodicity etc of commission in case of change in regulations / expense ratio and any other factors which have an impact on such payments. 8.UTI AMC reserves the right to modify, withdraw or suspend the brokerage structure at any time. 9. In case the investment is redeemed within the exit load period, as applicable, the proportionate (i.e. for the remaining period of exit load period) of upfront (including addtional upfront/incentive, if any) paid shall be recovered/clawed back/set off from the future brokerage payments, at AMC's sole discretion.

20 HDFC Mutual January March '15 Category Exit Load Period Clawback Special Upfront Trail paid in 1 st Year Period Incentive ^@ Commission Advance EQUITY ORIENTED SCHEMES HDFC Equity Equity 12 Months 12 Months Across all cities (T15 & B15) Additional Payout for B15 % % % % % Upfront % A B C D E=(A+B+C+D) F G =(B+C+D+F) Trail paid in advance Total 1 st Year Additional Payout B 15 Cities # B15 Cities Total 1 st Year Trail % APM 2 nd Year Onwards Remarks 0.50 HDFC Top 200, HDFC Premier Multi Cap,, HDFC Large Cap (erstwhile Morgan Stanley Growth ) Equity 12 Months 12 Months HDFC Mid Cap Opportunities Equity 12 Months 12 Months HDFC Infrastructure Equity 12 Months 12 Months HDFC Capital Builder, & HDFC Small & Midcap (erstwhile Morgan Stanley ACE ) Equity 36 Months 36 Months (Year 4 onwards) HDFC Core & Satellite & HDFC Growth Equity 36 months 36 months (Year 4 onwards) HDFC Prudence Balanced 18 Months 18 Months (19 Month onwards) HDFC Balanced Balanced 18 Months 18 Months (19 Month onwards) HDFC Childrens Gift Investment Plan (Equity) Balanced 3 Years 3 Years Refer Note 1 HDFC Childrens Gift Investment Plan (Equity) Balanced Lock In N.A Lock In HDFC Childrens Gift Savings Plan (Equity) Balanced 3 Years 3 Years HDFC Childrens Gift Savings Plan (Equity) Balanced Lock In N.A Lock In HDFC Long Term Advantage / HDFC Tax Saver ELSS 3 Years (Lock In) N.A HDFC Index Nifty Plan Index 3 Months N.A HDFC Index Sensex Plan Index 1 Month N.A HDFC Index Sensex Plus Plan Index 1 Month N.A HDFC Arbitrage Arbitrage 3 Months N.A DEBT SCHEMES HDFC Monthly Income Plan Short Term Plan Hybrid Debt 36 Months 36 Months Oriented HDFC Monthly Income Long Term Plan Hybrid Debt 36 Months 36 Months Oriented HDFC Multiple Yield Hybrid Debt 12 Months 12 Months Oriented HDFC Multiple Yield Plan 2005 Hybrid Debt 15 Months 15 Months Oriented HDFC Income Income 6 Months 6 Months HDFC High Interest Dynamic Plan Income 3 Months N.A HDFC Short Term Short Term 12 Months 12 Months HDFC High Interest STP Short Term 1Month N.A HDFC Short Term Opportunities Short Term 3Months N.A HDFC Medium Term Opportunities Short Term 12 Months N.A HDFC Floating Rate Income Long Term Plan Short Term 3 Months N.A HDFC Corporate Debt Opportunities Short Term 36 Months 36 Months Refer Note 1 Refer Note 1 Refer Note 1 Trail 0.40% year 4 onwards & Refer Tax h0.15k % Trail Yr 4 onwards 0.50% trail Year 4 onwards 0.75 for Yr 2 & 3 Trail 0.50% year 4 onwards 0.75 for Yr 2 & 3 Trail 0.50% year 4 onwards (Trail Year 4 d)