S e p t e m b e r

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1 S e p t e m b e r 2 1 The Financial stated are Only for highlighting the many advantages perceived from Mutual Fund investments but does in any manner, indicate or imply, either the quality of any particular Scheme or guarantee any specific performance / returns. For Statutory details, Risk Factors and further details, please refer page no. 1 Call / (toll-free) Visit sms GAIN to 6161 Mutual Fund investments are subject to market risks. Please read the Statement of Additional Information / Scheme Information Document carefully before investing.

2 S e p t e m b e r 2 1 Index CEO LETTER OUTLOOK SIP SAVINGS SOLUTIONS Cash Plus Cash Manager Savings Fund Short Term Fund Dynamic Bond Fund Medium Term Plan Income Plus Income Fund Floating Rate - Short Term Plan Gilt Plus Government Securities Fund Enhanced Arbitrage Fund REGULAR INCOME SOLUTIONS Monthly Income MIP MIP II - Wealth 2 Plan MIP II - Savings Plan TAX SAVINGS SOLUTIONS Tax Relief ' Tax Plan WEALTH CREATION SOLUTIONS Equity Fund Advantage Fund cap Fund Frontline Equity Fund Infrastructure Fund Basic Industries Fund India Gennext Fund New Millennium Fund Top 1 Fund Buy India Fund MNC Fund Index Fund India Opportunities Fund Dividend Yield Plus Fund Freedom Fund Asset Allocation Fund Special Situations Fund Commodity Equities Fund International Equity Fund - Plan A International Equity Fund - Plan B Pure Value Fund Long Term Advantage Fund Long Term Advantage Fund - Series India Reforms Fund DIVIDEND HISTORY ASSET ALLOCATION GUIDE OUR COVERAGE METHODOLOGY OF RANKING

3 S e p t e m b e r 2 1 Dear Friend, Its with immense pride that I write that AMC is now the 4th Largest AMC in India. We thank you especially for your belief and dedication in helping us reach this milestone. While this is a stupendous achievement, it has only raised the bar for future targets. Indian markets continue to maintain a positive tone - Sensex hit a 2-1/2 year high in August. India has registered solid 8.8% y-o-y GDP growth in April-June. The monsoon is performing well in the critical agricultural regions, which should form a robust base for the economy. The DIRECT TAX CODE has been making a lot of the news recently. The direct tax code if implemented in its current form will create more disposable income in the hands of the investors due to realignment of tax slabs. This should create more opportunities for us to manage more money of the investors. At Mutual Fund, we continue on our path of introducing innovations in our products and services. We have just introduced the INVEST ONLINE facility on our website to make investing easier for our valued customers. It would require NO LOGIN and NO REGISTRATION from the investor. All the investor requires is the existing FOLIO NUMBER and the registered PAN. We would stay energized in ensuring that we continue to grow and sustain our leadership in this changing environment. Warm Regards, A. Balasubramanian Chief Executive Officer 4th largest based on AAUM as on August 31, 21. Source:

4 S e p t e m b e r 2 1 Outlook Equity Outlook Sensex a modest gainer despite a 2-1/2 year intra-month high... Sensex recorded a modest gain of.8% in August, though this being the third monthly gain in a row. Sensex hit a 2-1/2 year high in mid-august. On the sectoral front, stocks from Consumer Durables sector emerged as top gainers, followed by Banks and FMCG. Durables rose 7.8% while Banks and FMCG recorded gains of.64% and 4.81%, respectively. Metals (-2.74%) and Oil and Gas (- 2.41%) remained laggards. India reported a robust Q1 GDP growth rate of 8.8% y-o-y, boosted by revival in the farming sector and strong support from the services sector. This follows growth of 8.6% YoY in the Mar 1 quarter, bringing the calendar 1H-21 GDP growth to 8.7%YoY. Non-agriculture GDP grew an impressive 9.9%YoY in the June quarter despite the moderation in industry's output. Industry's output increased at a slower pace of 1.3%YoY (Jan-Mar 21: 13.3%), while the output of services grew at a faster pace of 9.7%YoY (Jan-Mar 21: 8.4%). Sector details show that growth was led by manufacturing (+12.4%YoY), trade, hotels, transport and communication (+12.2%), mining (+8.9%), and construction (+7.%). Agriculture output expanded 2.8% YoY. The Direct Tax Code Bil... In August 21, Finance Minister Pranab Mukherjee tabled the Direct Tax Code Bill in Lok Sabha and it is intended to come into effect in FY12. The new tax code was a step to reform and rationalize the taxation structure in the country. The proposed bill is significantly altered and diluted compared to the original form and also compared to the revised discussion paper released in June 21. The proposed provisions now are broadly similar to those under the current regime. The Bill has been tabled in Parliament and will now be placed before a Standing Committee. This Committee will again invite comments including from public and then will be taken up by the Parliament for approval. Key takeaways include tweaking of personal income slabs and tax rates, abolition of corporate surcharge and cess, holding companies in tax havens proposed to be discouraged through wealth and income tax implications on Controlled Foreign Companies. Global scenario... On global front, several data sets from various countries indicated that global recovery was being slower than earlier factored in by the markets. This resulted in subdued markets with 3-% decline witnessed across developed world equity indices. However, since then, a string of positive data points emerging from US has brought the spring back in equity markets. Outlook... India's situation remains robust and we continue to maintain that there are stock specific opportunities available at attractive valuations that could provide returns better than the benchmarks. Global recovery would continue in an uncertain manner, producing volatility and nervousness in the markets. Investors should continue to allocate incremental capital to equity as an asset class at every dip. Data Source: CLSA Bloomberg Debt Outlook Yields up; traders watchful of RBI stance Government bond yields have largely traded with an upside bias in the month of August 21 with market fears of the upcoming rate decision of the central bank on the September 16, 21 monetary policy review and the persistent weekly supplies of government paper being the governing factors for sovereign yields. Macroeconomic data released for the month of August 21 were encouraging for the bond markets however it failed to convince investors to initiate sustained purchase of the government paper. Industrial production for the month of June 21 stood at 7.1% (well below market consensus of 8% plus) with a massive adverse base effect being the primary reason for the slowdown. Inflation for the month of July 1 too released below the 1% mark (at 9.97% relative to expectations of %), though it still gave some fodder for the yields to soften intermittently. Core inflationary pressures however continue to remain firm, keeping markets jittery on RBI's hawkishness to manage inflation. The GDP data release for Q1FY11 was in line with market expectations at 8.8% (at factor cost) although the underlying demand conditions as observed in the expenditure side GDP indicated relative weakness in both private consumption and investment data. The 1-year benchmark bond (7.8% GoI 22) traded predominantly in the 7.8-8% range for August 1 with the larger investor sentiment being weak on account of the weekly bond supplies and the expected hawkishness in the impending RBI monetary review on September 16, 21. Liquidity support Liquidity conditions in the system remained in excess throughout the month with the banking system borrowing a daily average of INR 1 bn only from RBI's repo window with the overnight rates trading well below the repo end of the LAF corridor. Short term money market rates have therefore been contained from hardening further the one-year CD rate trades at 7.8-8% range.(for August 1) Corporate bond yields in the 2-3 year tenor however have remained firm in the % range both on account of the supplies and the inadequate investor demand in anticipation of RBI's intent to keep liquidity in the deficit mode and fears of an impending rate action. Global cues Global cues have been supportive for treasuries around the world; yields on the UK gilts and German Bunds touched fresh lows as the persistent risk aversion on account of global growth concerns sustained the safe-haven demand for sovereign assets. The US GDP growth revised to 1.6% for Q2CY1 was distinctly lower than the previous estimate of 2.4%, inducing downward revisions of analyst estimates of the US CY1 growth. Outlook The market is expected to tread with caution in the run-up to the mid-quarter monetary policy review scheduled on September 16, 21 as expectations remain divided on a near term rate hike. Bond yields are expected to trade rangebound however we have turned constructive on sovereigns as yields are trading above their long term average levels. As we downgrade global growth and the domestic inflationary pressures ease, upside pressures on bond yields may not be as firm. Liquidity is expected to gradually tighten as we approach the mid- September advance tax outflows followed by the currency demand for the festive season spending. Short term rates though would remain at elevated levels, any further uptick would only be gradual now; 3m/6m/12m rates are up by 3bps, 2bps and 17bps since middle of May-21 with most of the money market rates across 3m-12m trading at near 2-month peak. Our Investment Team (In alphabetical order) 4 Achala Kanitkar Research Analyst : Equity Ajay Argal Head Equity : Offshore Ajay Garg Fund Manager : Equity Ankit Sancheti Fund Manager/ Research Analyst : Equity Atul Penkar Fund Manager/ Research Analyst : Equity Chanchal Khandelwal Research Analyst : Equity Hemang Dagli Sr. Equity Dealer / Fund Manager Kaustubh Gupta Fund Manager / Dealer : Fixed Income Lokesh Mallya Mahesh Patil Maneesh Dangi Mayank Hyanki Merlyn Joseph Naysar Shah Nishit Dholakia Paresh Khandelwal Fund Manager / Research Analyst : Fixed Income Head Equity : Domestic Head : Fixed Income Research Analyst : Equity Research Analyst : Equity Sr Research Analyst : Equity Fund Manager / Research Analyst : Equity Research Analyst : Equity Prasad Dhonde Rohit Murarka Sanjay Chawla Satyabrata Mohanty Shaktie Prakash Sujit Patki Sunaina Da cunha Varda Pandey Vineet Maloo Fund Manager / Dealer : Fixed Income Research Analyst : Fixed Income Fund Manager : Equity Head : Mixed Fund Manager / Dealer : Fixed Income Dealer : Equity Fund Manager / Research Analyst : Fixed Income Research Analyst : Fixed Income Fund Manager/ Research Analyst : Equity

5 S e p t e m b e r 2 1 Systematic Investment As on August 31, 21 SIP is a powerful tool that can help you create wealth over time. Investment Period Total Investment ( `) Tax Relief 96 Value ( `) of SIP in Returns (%)* Tax Relief 96 BSE 2 (Benchmark Index) Date of First Installment : April 1, 1996 Inception Date : March 29, 1996 Tax Relief 96 Since Inception Last years Last 3 years Last 1 year Investment Period Total Investment ( `) cap Fund Value ( `) of SIP in Returns (%)* cap Fund Since Inception Last years Last 3 years Last 1 year Date of First Installment : November 1, 22 Inception Date : October 3, 22 Frontline Equity Fund Value ( `) of SIP in Returns (%)* Investment Period Total Investment BSE 2 BSE 2 ( `) (Benchmark Index) Frontline Equity (Benchmark Index) Frontline Equity Fund Fund Since Inception Last years Last 3 years Last 1 year Date of First Installment : October 1, 22 Inception Date : August 3, 22 Dividend Yield Plus Value ( `) of SIP in Returns (%)* Investment Period Total Investment S & P CNX S & P CNX ( `) (Benchmark Index) Dividend Yield (Benchmark Index) Dividend Yield Plus Plus Since Inception Last years Last 3 years Last 1 year Date of First Installment : March 1, 23 Inception Date : February 26, 23 Investment Period Total Investment ( `) BSE 2 (Benchmark Index) CNX cap (Benchmark Index) 9 Fund CRISIL Balanced Fund Index (Benchmark Index) Value (`) of SIP in Returns (%)* '9 Fund CNX cap (Benchmark Index) CRISIL Balanced Fund Index (Benchmark Index) cap Fund '9 Fund Since Inception Last years Last 3 years Last 1 year Date of First Installment : April 1, 199 Inception Date : February 1, 199 Note : The data assumes the investment of ` 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) The above returns calculated assuming investments in Plan A -Growth option or Growth option as applicable and Dividend Plan in case of Tax Relief'96 Returns assume reinvestment of tax free dividend declared.

6 Savings Cash Plus Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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 ` 1 cr - Retail Plan - Dividend Reinvestment Appln of equal to or greater than ` 1 cr but less than ` cr - Institutional Plan - Daily Dividend Reinvestment Appln of equal to or greater than ` cr - Institutional Premium Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : ` 1/- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` 1 Crore Additional Purchase : ` 1 Lac Institutional Premium Plan Fresh Purchase : ` Crore Additional Purchase : ` 1 Lac Redemption Cheques : Within 1 working days Systematic Investment : Not Available Plans / Options & NAV (As on August 31, 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 : 1.19 (Payout & Reinvestment) Fortnightly Dividend : 1. (Payout & Reinvestment) Weekly Dividend : (Payout & Reinvestment) Monthly Dividend : 1. (Payout & Reinvestment) days 1 Month 3 Months Since Inception 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 7.64 United Bank Of India 12.7 PR1+ Punjab National Bank 7.39 PR1+ Central Bank of India 6.83 PR1+ Andhra Bank.2 PR1+ IDBI Bank Ltd P1+ Reliance Communications Ltd. 4.1 PR1+ Bank of Maharastra 3.36 P1+ Punjab and Sind Bank 3.34 A1+ ING Vysya Bank Ltd P1+ National Housing Bank 2.88 A1+ Allahabad Bank 2.49 A1+ Bank Of Baroda 2.4 A1+ Vijaya Bank 2.16 PR1+ Federal Bank Ltd P1+ Dena Bank 1.68 P1+ Steel Authority of India Ltd PR1+ UCO Bank Ltd..96 P1+ Corporation Bank.77 P1+ Karur Vysya Bank Ltd..72 P AAA Cash & Current Sovereign.96% 27.91% Rating Canara Bank.72 P1+ Hindustan Petroleum Corporation Ltd..48 P1+ Reliance Industries Ltd..48 A1+ ICICI Bank Ltd..48 A1+ State Bank of Bikaner and Jaipur.48 P1+ State Bank of Hyderabad.24 A1+ Oriental Bank Of Commerce.24 P1+ State Bank of Mysore.19 A1+ State Bank of Patiala.1 P1+ IDBI Home Finance Ltd..1 A1+ Treasury Bills D TBills 3 Sep Sovereign Floating Rate Instruments.48 Indiabulls Securities Ltd..48 P1+ Cash & Current Total Net % Benchmark : CRISIL Liquid Fund Index Average AUM : ` 1,24.96 Crores Load Structure Exit Load : Nil Average Maturity :.7 Years Yield to Maturity :.7% Mark to Market : - Standard Deviation Retail Plan :.17% Institutional Plan :.1% Institutional Premium Plan :.19% CRISIL~CPR 2^^ Cash Plus - Institutional Plan Liquid Institutional (14 Schemes), 1yr ended 3-Jun-1 CRISIL~CPR 1^^ Cash Plus - Institutional Premium Plan Liquid Super Institutional (1 Schemes), 1yr ended 3-Jun-1 CRISIL~CPR 1^^ Cash Plus - Retail Plan Liquid (22 Schemes), Yrs ended 3-Jun-1 Value Research Rating Cash Plus - Institutional Premium Plan Ultra Short Term Institutional (48 Schemes), 18 months & 3 years ended 31-Aug-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4 +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. 6 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer

7 Cash Manager Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 21 An open ended Income scheme with the objective to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of very short maturities with a view to provide reasonable returns. 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 Income Scheme Default option : Appln of less than ` 1 cr - Weekly Dividend Reinvestment. Appln of equal to or greater than ` 1 cr - Institutional Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : ` 1/- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` 1 Crore Additional Purchase : ` 1 Lac Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Retail Plan Growth : Weekly Dividend : (Reinvestment) Institutional Plan Growth : Daily Dividend : 1.3 (Reinvestment) Weekly Dividend : (Reinvestment) Cash Manager-Growth CRISIL Short Term Bond 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 Allahabad Bank 9.6 A1+ Central Bank of India 9.33 PR1+ ING Vysya Bank Ltd. 8.8 P1+ ICICI Bank Ltd. 6.3 A1+ Andhra Bank 6.7 F1+ Reliance Industries Ltd. 4.8 P1+ UCO Bank 4.84 P1+ IDBI Bank Ltd. 4.1 A1+ Yes Bank Ltd P1+ Kotak Mahindra Bank Ltd P1+ Punjab and Sind Bank 3.21 PR1+ Punjab and Sind Bank 2. A1+ United Bank of India 2.48 PR1+ Andhra Bank 2.2 PR1+ State Bank of Patiala 1.98 P1+ The Jammu And Kashmir Bank Ltd P1+ AAA Cash & Current Rating Profile 16.37% Rating United Bank Of India 1.61 PR1+ Rashtriya Ispat Nigam Ltd. 1.6 P1+ State Bank of Bikaner and Jaipur 1.3 P1+ IndusInd Bank Ltd PR1+ IDBI Home Finance Ltd..8 A1+ Tata Motors Ltd..64 P1+ Federal Bank Ltd..4 P1+ State Bank of Mysore.4 A1+ Karur Vysya Bank Ltd..4 P1+ Axis Bank Ltd..16 P1+ Cash & Current Total Net % Benchmark : CRISIL Short Term Bond Fund Index Average AUM : ` Crores Load Structure (Incl. for SIP) Exit Load : Nil Average Maturity :.1 Years Yield to Maturity : 6.% Mark to Market : - Standard Deviation Retail Plan :.2% Institutional Plan :.2% CRISIL~CPR 1^^ Cash Manager - Retail Plan Liquid (22 Schemes), 1yr ended 3-Jun-1 CRISIL~CPR 1^^ Cash Manager - Institutional Plan Liquid Institutional (14 Schemes), 1yr ended 3-Jun-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI w.e.f August 4, 21, in accordance with applicable provisions of SEBI (Mutual Funds) Regulations, 1996, the Asset Allocation and Investment Pattern of Cash Manager have been modified by removing the provisions pertaining to Portfolio Characteristics of Liquid Scheme and re-classifying it into a Debt Scheme i.e. a Non-Liquid Scheme. Please refer to Notice-cum-Addendum dated June 28, 21 available on our website and at Investor Services centers for further details. 7

8 Savings Savings Fund Credit Quality High Med Low Interest Rate Sensitivity High Low As on August 31, 21 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 Profile 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 ` 1 cr - Retail Plan - Weekly Dividend Reinvestment Appln of equal to or greater than ` 1 cr - Institutional Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : ` 1/- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` 1 Crore Additional Purchase : ` 1 Lac Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Retail Plan Growth : Daily Dividend : 1.68 (Reinvestment) Weekly Dividend : 1.61 (Payout & Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Institutional Plan Growth : Daily Dividend : 1.68 (Reinvestment) Weekly Dividend : 1.66 (Payout & Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Benchmark : CRISIL Short-Term Bond Fund Index Average AUM : ` 1,7.43 Crores Load Structure (Incl. for SIP) Exit Load : Nil Average Maturity :.16 Years Yield to Maturity : 6.% Mark to Market : - Standard Deviation Retail Plan :.14% Institutional Plan :.14% 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. Rating Money Market Instruments Central Bank of India PR1+ Punjab National Bank 6.33 PR1+ Reliance Capital Ltd..93 A1+ Canara Bank.64 P1+ Allahabad Bank.37 A1+ Kotak Mahindra Bank Ltd P1+ IDBI Bank Ltd A1+ Oriental Bank of Commerce 2.64 P1+ ING Vysya Bank Ltd. 2.4 P1+ IndusInd Bank Ltd PR1+ HDFC Ltd A1+ L&T Infrastructure Finance Company Ltd. 1.7 A1+ Federal Bank Ltd P1+ Rural Electrification Corporation Ltd. 1.8 PR1+ UCO Bank 1.1 P1+ L&T Finance Ltd. 1.1 PR1+ ECL Finance Ltd..89 A1+ JM Finanical Products Ltd..89 P1+ Andhra Bank.88 PR1+ United Bank of India.83 PR1+ SBI Global Factors Ltd..67 P1+ Reliance Industries Ltd..66 A1+ Cholamandalam Investment & Fin. comp. Ltd..44 P1+ IDBI Home Finance Ltd..44 A1+ Indian Oil Corporation Ltd..31 P1+ Standard Chartered Investment & Loan Ltd.3 P1+ State Bank of Patiala.23 P1+ Yes Bank Ltd..22 P1+ Bank of Baroda.12 A1+ Andhra Bank.1 F1+ Floating Rate Instruments.17 UltraTech Cement Ltd AAA Rating Tata Steel Ltd AA CitiFinancial Consumer Finance India Ltd.89 AA Tata Sons Ltd..67 AAA IDFC Ltd..67 LAA+ Power Finance Corporation Ltd..27 AAA Corporate Debt 4.68 HDFC Ltd. ** 2.16 AAA CitiFinancial Consumer Finance India Ltd **.76 AA ICICI Home Finance Company Ltd. **.3 LAAA LIC Housing Finance Ltd. **.3 AAA Kotak Mahindra Prime Ltd. **.2 LAA Kotak Mahindra Investments Ltd. **.22 A1+ IDFC Ltd. **.21 AA+ Aditya Birla Nuvo Ltd. **.1 AA+ Treasury Bills.7 182Days T-bill 29Sept 21.7 Sovereign PSU/PFI Bonds/Banks.28 Indian Railway Finance Corporation Ltd. **.17 AAA Rural Electrification Corporation Ltd. **.1 AAA Securitised Debt.6 Tata Capital Ltd.. CARE AA+(SO) NTPC Ltd..1 AAA(SO) Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities.total Percentage of thinly/non traded securities is 4.96 %. AAA Cash & Current AA Sovereign.7% 4.17% 22.93% 72.1% CRISIL~CPR 2^^ Savings Fund - Institutional Plan Ultra Short Term Debt Scheme - Institutional (29 Schemes), 1yr ended 3-Jun-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer 8

9 Savings Ultra Short Term Fund Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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 Rating Profile Fund Manager : Mr. Kaustubh Gupta & Mr. Lokesh Mallya Managing Fund Since : September 29, 29 Total Experience : 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 ` 2 cr - Retail Plan - Fortnightly Dividend Reinvestment Appln of equal to or greater than ` 2 cr - Institutional Plan - Fortnightly Dividend Reinvestment Retail Plan Fresh Purchase : ` 1/- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` 2 Crore Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Retail Plan Growth : Daily Dividend : 1. (Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Institutional Plan Growth : Daily Dividend : 1. (Reinvestment) Weekly Dividend : (Payout & Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Ulta 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.99 ICICI Bank Ltd A1+ Dena Bank 9.64 P1+ Andhra Bank 8.47 PR1+ United Bank of India 3.9 PR1+ State Bank of Patiala 3.76 P1+ Karnataka Bank Ltd A1+ IndusInd Bank Ltd..99 PR1+ Allahabad Bank.99 A1+ State Bank of Hyderabad.97 A1+ Canara Bank.79 P1+ Kotak Mahindra Bank Ltd..38 P1+ Corporation Bank.2 P1+ Cash & Current Rating State Bank of Bikaner and Jaipur.4 P1+ Floating Rate Instruments 1.87 HDFC Ltd 1.87 AAA Corporate Debt.2 HDFC Ltd **.2 AAA Cash & Current 27.9 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities.total Percentage of thinly/non traded securities is.2 %. AAA 27.9% 72.% Benchmark : CRISIL Short-Term Bond Fund Index Average AUM : ` 3,99.4 Crores Load Structure (Incl. for SIP) Exit Load** : For redemption/switch-out of units within 1 days from the date of :.2% of applicable NAV. **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.1 Years Yield to Maturity : 6.% Mark to Market : - Standard Deviation :.21% Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. 9

10 Savings Dynamic Bond Fund Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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 : ` lacs Additional Purchase : ` 1/- For Other Option Fresh Purchase : ` /- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 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) Benchmark : CRISIL Composite Bond Fund Index Average AUM : ` 7,34.61 Crores Load Structure (Incl. for SIP) Exit Load** : For redemption/switch-out of units within 18 days from the date of :.% of applicable NAV. For redemption/switch-out of units after 18 days but before 27 days from the date of :.2% of applicable NAV. For redemption/switch-out of units after 27 days from the date of : Nil **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.2 Years Modified Duration :.9 Years Yield to Maturity : 7.7% Mark to Market : 7% Standard Deviation :.9% 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 Corporate Debt Tata Sons Ltd.**.77 AAA LIC Housing Finance Ltd.**.19 AAA Reliance Utilities & Power Pvt. Ltd.** 4.7 AAA(SO) Reliance Ports & Terminals Ltd.** 4.26 AAA Tata Capital Ltd.** 2.8 AA+ Aditya Birla Nuvo Ltd.** 1.67 LAA+ Sundaram Finance Ltd.** 1.67 AA+ HDFC Ltd.** 1.39 AAA GE Capital Services India** 1.32 AAA Kotak Mahindra Prime Ltd.** 1.8 AA Tata Capital Ltd.** 1.1 LAA+ Reliance Industries Ltd.** 1.1 AAA Mundra Port & Special Economic Zone Ltd.**.73 AA(So) Sundaram Finance Ltd.**.69 LAA+ Bajaj Auto Finance Ltd.**.37 LAA+ Kotak Mahindra Prime Ltd.**.36 LAA Mahindra & Mahindra Financial Services Ltd.**.28 AA- HDFC Ltd.**.14 AAA Mahindra & Mahindra Financial Services Ltd.**.14 AA- IDFC Ltd.**. AA+ Money Market Instruments IDBI Bank Ltd A1+ HDFC Bank Ltd A1+ Indian Bank 3.9 P1+ Federal Bank Ltd P1+ IDBI Bank Ltd P1+ Corporation Bank 2.3 P1+ South Indian Bank 1.2 PR1+ State Bank of Patiala.93 P1+ Reliance Capital Ltd..74 A1+ Bajaj Auto Finance Ltd..69 P1+ Oriental Bank of Commerce.67 P1+ Punjab National Bank.4 PR Cash & Current Sovereign Rating Profile Rating ICICI Bank Ltd.. A1+ HDFC Ltd..34 A1+ Sundaram BNP Paribas Home Finance Ltd..33 A1+ Canara Bank.27 P1+ Floating Rate Instruments Power Finance Corporation Ltd..68 AAA Reliance Capital Ltd AAA HDFC Ltd LAAA ICICI Bank Ltd..83 AAA Axis Bank Ltd..6 LAA+ Union Bank of India.7 AAA Securitised Debt 7.7 Tata Capital Ltd.** 6.8 CARE AA+ North Delhi Power Ltd.**.8 LAAA Government Bond % CGL 21Sep Sovereign 7.8% CGL Sovereign 7.46% CGL Sovereign 8.26% GOVT.STOCK Sovereign PSU/PFI Bonds/Banks 1.6 IDBI Bank Ltd.**.69 AA+ National Housing Bank **.69 AAA Rural Electrification Corporation Ltd.**.21 AAA Power Finance Corporation Ltd.**.2 AAA Cash & Current 8.6 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 43.8 % AAA AA 3.34% 8.6% 18.23% 69.78% Value Research Rating Dynamic Bond Fund Debt: Medium Term (41 Schemes), 18 months & 3 years ended 31-Aug-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. 1

11 Savings Medium Term Plan Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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 Rating Profile Fund Manager : Mr. Maneesh Dangi & Mr. Kaustubh Gupta Managing Fund Since : June 2, 29 Total Experience : 1 years & years Date of inception : March 2, 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 : ` /- Additional Purchase : ` 1/- For Institutional Plan Fresh Purchase : ` 1 Crore Additional Purchase : ` 1,/- Redemption Cheques : Within 1 working days Systematic Withdrawal : Not Available Plans / Options & NAV (As on August 31, 21) Retail Plan Weekly Dividend : 1.19 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 : Year Since Inception 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 & CAGR for period 1 year or more. Rating Money Market Instruments 78. Canara Bank P1+ Vijaya Bank 9.98 PR1+ Tata Tele Services Ltd PR1+ South Indian Bank 6.43 PR1+ HDFC Ltd A1+ IDBI Bank Ltd P1+ Punjab and Sind Bank 3. A1+ IDBI Home Finance Ltd. 3.2 A1+ Gruh Finance Ltd 3.2 P1+ Andhra Bank 3.22 PR1+ Oriental Bank of Commerce 3.17 P1+ Yes Bank Ltd P1+ Kotak Mahindra Prime Ltd. 3.1 P1+ Corporation Bank 2.31 P1+ Union Bank of India 1.61 P1+.44 Cash & Current Rating Reliance Capital Ltd. 1.7 A1+ Indian Bank.63 P1+ Corporate Debt HDFC Ltd. ** 8.62 AAA Kotak Mahindra Prime Ltd.** 2.9 LAA Kotak Mahindra Investments Ltd.** 1.64 A1+ Kotak Mahindra Prime Ltd.** 1.63 P1+ Tata Capital Ltd.**.78 AA+ HDFC Ltd. **.33 AAA Bajaj Auto Finance Ltd.**.33 AA+ LIC Housing Finance Ltd.**.2 AAA Cash & Current.2 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is % AAA AA.2% 4.1% 9.98% Benchmark : CRISIL Short Term Bond Fund Index Average AUM : ` Crores Load Structure (Incl. for SIP) Exit Load** :.2% if redeemed / switched out within 9 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.1 Years Modified Duration : - Yield to Maturity : 7.2% Mark to Market : 8% Standard Deviation Institutional Plan :.7% Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. 11

12 Savings Income Plus Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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, 199 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment Fresh Purchase : ` /- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Growth : Dividend : (Payout & Reinvestment) Benchmark : CRISIL Composite Bond Fund Index Average AUM : ` Crores Load Structure (Incl. for SIP) Exit Load** :.2% if redeemed / switched out within 7 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment 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 Government Bond % CGL Sovereign 7.8% CGL Sovereign 8.26% GOVT.STOCK Sovereign 8.2% CGL Sovereign 8.24% CGL Sovereign Money Market Instruments Allahabad Bank 9.9 A1+ State Bank of Hyderabad 3.63 A1+ Corporate Debt 11. National Housing Bank ** 4.7 AAA Sovereign Rating Reliance Ports & Terminals Ltd. ** 3.78 AAA Reliance Gas Transpotation Infrastructure Ltd ** 2.9 AAA Reliance Industries Ltd. **.92 AAA Infrastructure Leasing & Financial Services Ltd. **.19 PSU/PFI Bonds/Banks 6.89 LAAA Hindustan Petroleum Corporation Ltd. **. AAA IDBI Bank Ltd. **.79 AA+ ICICI Bank Ltd. **.6 AAA Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is %. AAA Cash & Current AA.79% 13.49% 3.37%.3% Average Maturity : 7.1 Years Modified Duration : 6. Years Yield to Maturity : 7.1% Mark to Market : 74% Standard Deviation : 2.2% CRISIL~CPR 1^^ Income Plus Consistent CPR Performer-Debt (13 Schemes), Yrs ended 3-Jun-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4 12 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer

13 Savings Income Fund Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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 : ` /- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Growth : Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Half Yearly Dividend : (Payout, Reinvestment & Sweep Option) 4 EA Growth : EA Dividend : EB Growth : EB Dividend : Benchmark : CRISIL Composite Bond Fund Index Average AUM : ` 96.4 Crores Load Structure (Incl. for SIP) Exit Load** :.% if redeemed / switched out within18 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment 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 3.28 Indian Bank 9.77 P1+ Andhra Bank.8 F1+ Dena Bank 4.23 P1+ State Bank of Patiala 4.23 P1+ Canara Bank 4.6 P1+ Bank of Baroda 1.32 A1+ State Bank of Hyderabad.83 A1+ Corporate Debt Small Industries Development Bank of India** 8.4 CARE AAA HDFC Ltd. ** 4.2 AAA Kotak Mahindra Prime Ltd.** 4.19 P1+ National Housing Bank** 4.17 AAA Reliance Industries Ltd.** 2.3 AAA Reliance Gas Transpotation Infra Ltd**.9 AAA Government Bond % CGL 21Sep Sovereign Cash & Current Sovereign Rating 7.3% CGL Sovereign 6.% CGL 219 FEB.6 Sovereign Floating Rate Instruments 1.18 Reliance Capital Ltd AAA PSU/PFI Bonds/Banks 1.12 Hindustan Petroleum Corporation Ltd.**.2 AAA Rural Electrification Corporation Ltd.** 4.23 AAA Indian Railway Finance Corporation Ltd.**.86 AAA Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 34.6%. AAA 11.78% 13.19% 7.2% Average Maturity : 2.3 Years Modified Duration : 2. Years Yield to Maturity : 7.6% Mark to Market : 7% Standard Deviation Retail Plan : 2.8% 4 EA Growth : 2.8% 4 EB Growth : 2.8% Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer 13

14 Savings Floating Rate Fund Short Term Plan As on August 31, 21 Credit Quality High Med Low Interest Rate Sensitivity High 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. 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, 23 Nature of the scheme : An Open-ended Income Scheme Default option : Appln of less than ` cr - Daily Dividend Reinvestment Appln of equal to or greater than ` cr - Institutional Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : ` /- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` Crore Additional Purchase : ` 1 Lac Redemption Cheques Systematic Investment Systematic Withdrawal Systematic Transfer : Within 1 working days : NA : Available : Available Floating Rate Fund - STP - Growth 3 Years Rating Money Market Instruments 6.62 Allahabad Bank A1+ State Bank of Patiala 17.8 P1+ United Bank of India PR1+ 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 Cash & Current.26 Rating Profile % 6.62% Plans / Options & NAV (As on August 31, 21) Retail Plan Growth : Daily Dividend (Reinvestment) : 1.1 Dividend (Reinvestment) : Institutional Plan Growth : Daily Dividend (Reinvestment) : 1. Weekly Dividend (Reinvestment) : Fortnightly Dividend : 1. (Reinvestment) Benchmark : CRISIL Liquid Fund Index Average AUM : ` 9.86 Crores Load Structure Entry Load Exit Load : Nil : Nil Average Maturity :.3 Years Yield to Maturity :.% Standard Deviation Retail Plan :.22% Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. 14 Value Research Rating Floating Rate Fund- Short Term Plan Debt: Floating Rate Short Term (12 Schemes), 18 months & 3 years ended 31-Aug-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4

15 Savings Gilt Plus Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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 : ` /- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 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 : 1.71 (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 : ` 7.22 Crores PF Plan : ` 48.7 Crores Regular Plan : ` 8.23 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 36 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity Liquid Plan :.1 Years PF Plan : 7.99 Years Regular Plan : 6.33 Years Modified Duration Liquid Plan : - PF Plan : 6.7 Years Regular Plan :. Years Yield to Maturity Liquid Plan : 4. % PF Plan : 6.7 % Regular Plan : 6.7 % Mark to Market Liquid Plan : - PF Plan : 64 % Regular Plan : 6 % Standard Deviation Liquid Plan : 1.7 % PF Plan : 2.48 % Regular Plan : 2.1 % 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 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 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 1. Total Net 1. - Regular Plan Rating Government Bond % CGL 21Sep Sovereign 7.47% OIL MKT CO GOI BOND Sovereign 8.26% GOVT.STOCK Sovereign Cash & Current 3.3 Total Net Cash & Current Sovereign Cash & Current Sovereign Cash & Current Rating Profile - PF Plan 36.% Rating Profile - Regular Plan 3.3% - PF Plan Rating Government Bond % CGL 21Sep Sovereign 8.26% GOVT.STOCK Sovereign 7.47% OIL MKT CO GOI BOND Sovereign Cash & Current 36. Total Net 1. 1.% 63.9% 64.7% Value Research Rating Gilt Plus - Liquid Plan Gilt: Short Term (1 Schemes), 18 months & 3 years ended 31-Aug-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 4 1

16 Savings Government Securities Fund Credit Quality High Med Low Interest Rate Sensitivity High As on August 31, 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 : ` /- Additional Purchase : ` 1/- For Short Term Institutional Plan Fresh Purchase : ` crores Additional Purchase : ` 1 lacs Redemption Cheques : Within 1 working days Maximum Subscription amount (incl. switch in) Long Term Plan : 2 Crores - Long Term Plan 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 Short Term Plan Cash & Current Rating Profile - Long Term Plan Sovereign Cash & Current 33.94% Rating Profile - Short Term Plan 66.6% 1.% Plans / Options & NAV (As on August 31, 21) Long Term Plan Growth : Dividend : (Payout & Reinvestment) 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. 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 : ` Crores Short Term Plan : ` 1.87 Crores Load Structure (Incl. for SIP) Exit Load Long Term : 1.% if redeemed / switched out within 36 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Short Term : Nil - Long Term Plan Rating Government Bond % CGL 21Sep Sovereign 8.26% GOVT.STOCK Sovereign Treasury Bills.4 91 D Tbill 24 Sep 21.4 Sovereign Cash & Current Total Net 1. - Short Term Plan Rating Cash & Current 1. Total Net 1. Average Maturity Long Term Plan : Short Term Plan : 7.77 Years.1 Years Modified Duration Long Term Plan : 7. Years Short Term Plan : - Yield to Maturity Long Term Plan : 7. % Short Term Plan : 4. % Mark to Market Long Term Plan : 61% Short Term Plan : - Standard Deviation Long Term Plan : 3.26% Short Term Plan :.92% Value Research Rating Government Securities Fund - Long Term Plan Gilt: Medium & Long Term (32 Schemes), 18 months & 3 years ended 31-Aug-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 4 16

17 Savings Enhanced Arbitrage Fund As on August 31, 21 Fund Manager : Mr. Hemang Dagli Managing Fund Since : Since Inception Total Experience : 12 years Date of inception : July 24, 29 Nature of the scheme : A open-ended Equity Scheme An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures). Default option : Default Plan: Retail Plan Default Facility: Dividend Reinvestment Retail Plan Fresh Purchase : ` /- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : `,,,/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Enhanced Arbitrage Fund Retail - Growth Year Since Inception Crisil Liquid 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. Plans / Options & NAV (As on August 31, 21) Retail Plan Dividend : 1.6 (Payout & Reinvestment & Sweep) Growth : 1.3 Institutional Plan Dividend : - (Payout & Reinvestment & Sweep) Growth : - Benchmark : Crisil Liquid Fund Index Average AUM : ` 3.2 Crores Load Structure (Incl for SIP) l Exit Load** : For Redemption / Switch-out of units before 9 days from the date of :.7%. For Redemption/Switch-out of units on or after 9 days but before 18 days from the date of :.%. For Redemption/Switch-out of units on or after 18 days from the date of : Nil **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Power 2.23 NHPC Ltd Reliance Infrastructure Ltd Construction Project GMR Infrastructure Ltd Hindustan Construction Company Ltd. 1.1 Lanco Infratech Ltd Pharmaceuticals Piramal Healthcare Ltd Ferrous Metals Ispat Industries Ltd Telecom - Equipment & Accessories 7.73 GTL Ltd Petroleum Products 6.39 Essar Oil Ltd Industrial Capital Goods 4.61 Praj Industries Ltd 4.61 Transportation 4.3 Kingfisher Airlines Ltd. 4.3 Future and Options Lanco Infratech Ltd. Futures Sept Kingfisher Airlines Limited Futures Sept Praj Industries Futures Sept Essar Oil Ltd. Futures Sept GTL Ltd. Futures Sept Hindustan Const. Comp Ltd Futures Sept GMR Infrastructure Ltd Futures Sept Ispat Industries Ltd. Futures Sept Reliance Infrastructure Ltd Futures Sept NHPC Ltd. Futures Sept Piramal Healthcare Ltd. Futures Sept Cash & Cash Equivalents Net receivables / payables 8.9 Total Net 1. 17

18 Regular Income 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 As on August 31, 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 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 : July 14, 1999 Nature of the scheme : An Open-ended Income Scheme Default Plan / Option : Growth / Dividend Reinvestment For Monthly & Quarterly Dividend Fresh Purchase : ` 2/- Additional Purchase : ` /- For Growth Plan Fresh Purchase : ` /- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Growth : Benchmark : CRISIL MIP Blended Index Average AUM : ` 99.4 Crores Load Structure Exit Load** : 1.% if redeemed / switched out within 36 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.91 Years Yield to Maturity : 7.2% (for Debt Component) Mark to Market : 9% Standard Deviation : 7.9% Sharp Ratio : 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 Debt Allocation 79.9 Money Market Instruments 1.88 Punjab National Bank 14.1 PR1+ Bank of Baroda 1.96 A1+ Oriental Bank of Commerce 7.91 P1+ HDFC Bank Ltd. 7.1 A1+ L&T Finance Ltd PR1+ IDBI Bank Ltd. 3.9 A1+ Corporation Bank 3.92 P1+ Corporate Debt Sundaram Finance Ltd.** 7.99 LAA+ Reliance Ports & Terminals Ltd.** 4.94 AAA ICICI Home Finance Company Ltd.** 4.86 LAAA Reliance Utilities & Power Pvt. Ltd.** 4.8 AAA(SO) Aditya Birla Nuvo Ltd.** 4.4 LAA+ LIC Housing Finance Ltd.**.88 AAA IDFC Ltd.**.33 AA+ HDFC Ltd**.14 AAA PSU/PFI Bonds/Banks.4 IDBI Bank Ltd..43 AA+ Power Finance Corporation Ltd..2 AAA 7.96 Equity Allocation Banks 1.83 Axis Bank Ltd..34 Allahabad Bank.34 Union Bank of India.3 The South Indian Bank Ltd..29 ICICI Bank Ltd..28 United Bank Of India.28 AAA Other AA Cash & Current 6.87% 13.4% 12.79% Rating Auto.9 Ashok Leyland Ltd..3 Mahindra & Mahindra Ltd..29 Auto Ancillaries.9 Phillips Carbon Black Ltd..3 Motherson Sumi Systems Ltd..29 Software.6 Infosys Technologies Ltd..29 HCL Technologies Ltd..28 Media & Entertainment.47 Jagran Prakashan Ltd..27 Hindustan Media Ventures Ltd..21 Magnasound India Ltd. ** Petroleum Products.46 Hindustan Petroleum Corporation Ltd..32 Castrol India Ltd..14 Power.4 Gujarat Industries Power Company Ltd..18 Kalpataru Power Transmission Ltd..18 KEC International Ltd..9 Gas.3 Indraprastha Gas Ltd..3 Oil.3 Oil & Natural Gas Corporation Ltd..3 Minerals/Mining.29 Nava Bharat Ventures Ltd % Finance 1.64 SKS Microfinance Ltd..49 Power Finance Corporation Ltd..31 Shriram Transport Finance Company Ltd..29 Rural Electrification Corporation Ltd..28 LIC Housing Finance Ltd..27 Transportation.27 The Great Eastern Shipping Company Ltd..14 Gateway Distriparks Ltd..12 Industrial Capital Goods.2 Thermax Ltd..2 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 6.1% (91 day T-bill yield As on August 31, 21). Consumer Durables 1.34 Bajaj Corporation Ltd..74 Bajaj Electricals Ltd..33 Blue Star Ltd..28 Consumer Non Durables 1.7 Akzo Nobel India Ltd..48 Glaxosmithkline Consumer Healthcare Ltd..29 Asian Paints Ltd..29 Industrial Products.98 Cummins (India) Ltd..1 Greaves Cotton Ltd..47 Fertilisers.69 Coromandel International Ltd..6 Chambal Fertilisers and Chemicals Ltd..13 Pesticides.66 Rallis India Ltd..66 Pharmaceuticals.23 Wyeth Ltd..23 Hotels.2 Taj GVK Hotels & Resorts Ltd..2 Construction Project.14 Voltas Ltd..14 Ferrous Metals.13 PSL Ltd..13 Cash & Current 6.87 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 27.26% Indicates less than.1 CRISIL~CPR 1^^ Monthly Income MIP Conservative Scheme (1 Schemes), 2 years ended 3-Jun-1 Value Research Rating Monthly Income Hybrid: Monthly Income (34 Schemes),for 3 & years periods ended 31-Aug-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4 18

19 Regular Income 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 August 31, 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 : ` 2/- Additional Purchase : ` 1/- For Growth Fresh Purchase : ` /- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Dividend : (Payout, Reinvestment & Sweep Option) Monthly Payment / Growth : (Instant / Deferred) Benchmark : CRISIL MIP Blended Index Average AUM : ` Crores Load Structure Exit Load** :.2% if redeemed/switched out within 7 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.1 Years Yield to Maturity : 7.% (for Debt Component) Mark to Market : 8% Standard Deviation : 7.9% Sharp Ratio : 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 Debt Allocation 7.38 Money Market Instruments Union Bank of India P1+ Punjab National Bank 11.4 PR1+ Oriental Bank of Commerce 9.2 P1+ HDFC Bank Ltd A1+ IDBI Bank Ltd A1+ Corporate Debt Reliance Ports & Terminals Ltd.** 7.67 AAA Sundaram Finance Ltd.** 7.43 LAA+ LIC Housing Finance Ltd.** 2.23 AAA IDFC Ltd.** 1.94 AA+ HDFC Ltd.** 1.91 AAA HDFC Ltd.**.78 AAA PSU/PFI Bonds/Banks 8.1 IDBI Bank Ltd.** 4.89 AA+ National Housing Bank ** 1.87 AAA Power Grid Corporation of India Ltd.** 1. AAA Power Finance Corporation Ltd.**.16 AAA State Bank of India **.8 AAA Government Bond % CGL Sovereign Equity Allocation 13.1 Banks 2.4 Yes Bank Ltd..4 HDFC Bank Ltd..42 ICICI Bank Ltd..4 Axis Bank Ltd..4 ING Vysya Bank Ltd..38 Industrial Capital Goods 1.31 Crompton Greaves Ltd..4 Thermax Ltd..44 Alstom Projects India Ltd..43 AAA AA Other Cash & Current Sovereign 1.7% 14.26% 13.1% 11.2% Rating Sobha Developers Ltd..37 Sadbhav Engineering Ltd. (Rights). Consumer Non Durables.81 ITC Ltd..47 Bata India Ltd..34 Pharmaceuticals.8 Aurobindo Pharma Ltd.47 Divis Laboratories Ltd..34 Auto.63 Ashok Leyland Ltd..32 Mahindra & Mahindra Ltd..31 Power.8 Torrent Power Ltd..32 KSK Energy Ventures Ltd..26 Fertilisers. Coromandel International Ltd.. Industrial Products.47 Jain Irrigation Systems Ltd..47 Gas.43 Gujarat State Petronet Ltd..43 Consumer Durables.41 Whirlpool of India Ltd..41 Non - Ferrous Metals.39 Hindustan Zinc Ltd..39 Media & Entertainment.36 Dish TV India Ltd..19 HT Media Ltd..17 Construction Project.3 Voltas Ltd..3 6.% Software 1.3 Tata Consultancy Services Ltd..44 Wipro Ltd..44 Oracle Financial Services Software Ltd..42 Finance 1.26 SKS Microfinance Ltd..83 Shriram Transport Finance Company Ltd..43 Construction.81 Sadbhav Engineering Ltd..39 Transportation.34 Cox & Kings Ltd..34 Textile Products.29 S. Kumars Nationwide Ltd..29 Cash & Current 11.2 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 3.47% 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 6.1% (91 day T-bill yield As on August 31, 21). 19

20 Regular Income MIP II - Wealth 2 Plan An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus As on August 31, 21 Credit Quality High Low Interest rate sensitivity High 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 : Dividend Reinvestment For Monthly Dividend / Payment Fresh Purchase : ` 2/- Additional Purchase : ` 1/- For Growth Fresh Purchase : ` /- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on August 31, 21) Dividend : (Payout, Reinvestment & Sweep Option) Growth / Payment : Benchmark : CRISIL MIP Blended Index Average AUM : ` 37.7 Crores Load Structure Exit Load** : 1% if redeemed / switched out within 36 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.62 Years Yield to Maturity : 6.7% (for Debt Component) Mark to Market : 8% Standard Deviation : 11.84% Sharp Ratio :.6 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 6.1% (91 day T-bill yield As on August 31, 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 MIP II - Wealth 2 - 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 Debt Allocation 7.97 Money Market Instruments HDFC Bank Ltd. 9.9 A1+ Punjab National Bank 6.34 PR1+ Oriental Bank of Commerce 6.32 P1+ IDBI Bank Ltd A1+ Corporation Bank 6.26 P1+ Bank of Baroda 3.7 A1+ Corporate Debt Reliance Utilities & Power Pvt. Ltd.**.21 AAA(SO) Aditya Birla Nuvo Ltd.** 3.87 LAA+ Reliance Ports & Terminals Ltd.** 2.63 AAA Government Bond % CGL 21Sep22.21 Sovereign 7.61% Oil Comp GOI Bonds Sovereign PSU/PFI Bonds/Banks 1.64 IDBI Bank Ltd.** 1.64 AA+ Equity Allocation Consumer Non Durables 4.83 Bajaj Corp Ltd..78 United Breweries Ltd..74 ITC Ltd.. Asian Paints Ltd..49 Bata India Ltd..42 Radico Khaitan Ltd..38 Nestle India Ltd..38 Glaxosmithkline Consumer Healthcare Ltd..3 Jubilant Foodworks Ltd..26 Colgate-Palmolive (India) Ltd..26 Godrej Consumer Products Ltd..24 Zydus Wellness Ltd..3 Banks 2.48 Kotak Mahindra Bank Ltd..62 Indian Overseas Bank.49 HDFC Bank Ltd..44 Federal Bank Ltd..44 United Bank Of India.28 Andhra Bank.21 Finance 2.46 SKS Microfinance Ltd Shriram Transport Finance Company Ltd..46 Power Finance Corporation Ltd..4 LIC Housing Finance Ltd..41 Industrial Capital Goods 2.29 Crompton Greaves Ltd..7 Thermax Ltd..49 Honeywell Automation India Ltd..48 Alstom Projects India Ltd..42 AIA Engineering Ltd..33 Pharmaceuticals 1.37 Aurobindo Pharma Ltd.4 Pfizer Ltd..43 Divis Laboratories Ltd..4 Transportation 1.23 Arshiya International Ltd..4 Rating Profile Rating Cox & Kings Ltd..42 IRB Infrastructure Developers Ltd..36 Media & Entertainment 1.16 Dish TV India Ltd..43 HT Media Ltd..32 DQ Entertainment International Ltd..22 Hindustan Media Ventures Ltd..2 Auto Ancillaries.88 Motherson Sumi Systems Ltd..46 Phillips Carbon Black Ltd..26 Bosch Ltd..16 Gas.81 Indraprastha Gas Ltd..44 Petronet LNG Ltd,.38 Cement.81 Century Textiles and Industries Ltd.. Shree Cements Ltd..31 Consumer Durables.8 Whirlpool of India Ltd..73 Blue Star Ltd..7 Fertilisers.72 Chambal Fertilisers and Chemicals Ltd..72 Construction Project.6 Lanco Infratech Ltd..43 Nagarjuna Construction Company Ltd..23 Pesticides.6 Rallis India Ltd..6 Auto.6 Bajaj Auto Ltd..6 Petroleum Products.4 Hindustan Petroleum Corporation Ltd..4 Construction.49 Patel Engineering Ltd..27 JMC Projects (India) Ltd..21 Software.49 Oracle Financial Services Software Ltd..32 Core Projects & Technologies Ltd..17 Textile Products.4 S. Kumars Nationwide Ltd..4 Hardware.22 Allied Digital Services Ltd..22 Oil.18 Oil India Ltd..18 Power.11 GVK Power & Infrastructure Ltd..11 Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 13.3% AAA Other Cash & Current Sovereign AA.68%.1% 17.91% 24.13% 46.78% CRISIL~CPR 2^^ MIP II - Wealth 2 Plan MIP Aggressive Scheme (21 Schemes), 2 years ended 3-Jun-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 4 2