February, I save tax with Pride

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1 February, 2017 I pay tax with Pride I save tax with Pride

2 PRODUCT SUITABILITY Scheme Names This product is suitable for investors who are seeking ~ RISKOMETER Pg. No. Principal Large Cap Fund Long term Capital Growth. Investment in equity & equity related securities 8 (An Open-ended Equity Scheme) including equity derivatives of large capitalization Companies Principal Emerging Bluechip Fund Long term Capital Growth. Investment in equity & equity related securities 9 (An Open-ended Equity Scheme) including equity derivatives of mid & small capitalization Companies. Principal Growth Fund Long term Capital Growth. Investment in equity & equity related securities 10 (An Open-ended Equity Scheme) including equity derivatives of companies across market capitalization. Principal Dividend Yield Fund Long term Capital Growth. Investment in equity & equity related securities 11 (An Open-ended Equity Scheme) including equity derivatives of high dividend yield Companies. Principal Index Fund - Nifty Long term Capital Growth. Investment in equity securities including 12 (An Open-ended Index Scheme) equity derivatives of Nifty 50 Companies. Principal Index Fund - Midcap Long term Capital Growth. Investment in equity securities including 13 (An Open-ended Index Scheme) equity derivatives of Nifty Free Float Midcap 100. Principal SMART Equity Fund Long term Capital Growth. Investment in equity & equity related securities 14 (An Open-ended Equity Scheme) including equity derivatives of large capitalization Companies as well as Debt/ Money Market securities through a systematic allocation of Funds between Equity & Debt on the basis of the Price Earnings Ratio of Nifty 50. Principal Arbitrage Fund Income over short-term. Income through arbitrage opportunities between 15 (An Open-ended Equity Scheme) cash and derivative market and arbitrage opportunities within the derivative segment. Principal Personal Tax Saver Fund Long term Capital Growth with a three year lock-in. 16 (An Open-ended Equity Linked Savings Scheme) Investment in equity & equity related securities including equity derivatives of large capitalization Companies. Principal Tax Savings Fund Long term Capital Growth with a three year lock-in. 17 (An Open-ended Equity Linked Savings Scheme) Investment in equity & equity related securities including equity derivatives of companies across market capitalization. Principal Balanced Fund Income and Long term Capital Growth. Investment in equity & equity 18 (An Open-ended Balanced Scheme) related securities, debt/money market securities as well as derivatives. Principal Equity Savings Fund Income generation and capital appreciation over the medium to long term. 19 (An Open-ended Equity Scheme) Investment in equity and equity related instruments, debt and money market instruments and arbitrage opportunities. Principal Debt Savings Fund - Retail Plan Income over a long term investment horizon. 20 (An Open-ended Income Scheme) Investment in Debt & Money Market Instruments. Principal Government Securities Fund Income over a long term investment horizon. 21 (An Open-ended dedicated Gilt Scheme Investment in Government Securities. investing in Government Securities) Principal Dynamic Bond Fund Income over a long term investment horizon. 22 (An Open-ended Income Scheme) Investment in Debt & Money Market Instruments. Principal Credit Opportunities Fund Income over a long term investment horizon. 23 (An Open-ended Debt Scheme) Investment in Debt & Money Market Instruments of Private & Public Sector Companies. Principal Short Term Income Fund Income over a medium term investment horizon. 24 (An Open-ended Income Scheme) Investment in Debt & Money Market Instruments. Principal Bank CD Fund Income over a medium term investment horizon. 25 (An Open-ended Debt Scheme) Investment in Bank CDs, Debt & Money Market Instruments. Principal Low Duration Fund Income over a short term investment horizon. 26 (An Open-ended Debt Scheme) Investment in Debt & Money Market Instruments. Principal Retail Money Manager Fund Income over a short term investment horizon. 27 (An Open-ended Debt Scheme) Investment in Debt & Money Market Instruments. Principal Global Opportunities Fund Long term Capital Growth. 28 (An Open-ended Fund of Funds Scheme) Investment in overseas mutual fund schemes. Principal Cash Management Fund Income over a short term investment horizon. 29 (An Open-ended Liquid Scheme) Investment in Debt & Money Market Instruments, with maturity not exceeding 91 days. Principal Asset Allocation Fund-of-Funds - Income and Capital growth over a long term investment horizon. 30 Conservative Plan Investment primarily in debt/money market mutual funds with some (An open-ended Fund-of-Funds Scheme) exposure to equity mutual funds. Principal Asset Allocation Fund-of-Funds - Capital growth and Income over a long term investment horizon. 31 Moderate Plan Investment in a basket of equity mutual funds, debt/money market (An open-ended Fund-of-Funds Scheme) mutual funds and Gold ETFs. Principal Asset Allocation Fund-of-Funds - Capital growth over a long term investment horizon. 32 Aggressive Plan Investment primarily in equity mutual funds with some allocation to (An open-ended Fund-of-Funds Scheme) debt/money market mutual funds and Gold ETFs. ~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

3 Fund Manager Commentary Debt Markets February 2017 Fixed Income Market Update: February 2017 Key Market Highlights: The key event during the month which moved the markets was the RBI Monetary Policy Review announced on 8th Feb RBI kept key rates unchanged and in a surprise action changed the market stance to neutral from accommodative. The MPC (Monetary Policy Committee) which came at the decision unanimously cited upside risks to inflation and transitory effect of demonetization on growth and output gap as the main reasons. As a result yields rose sharply across the curve. Near term money market rates remained relatively less affected due to ample liquidity in the banking system. The ten year benchmark gilt closed at 6.87%, 47 bps higher than the previous month. The ten year AAA Corporate bond benchmark closed at 7.83%, 27 bps higher than previous month. The five year AAA corporate bond benchmark closed at 7.53%, 20 bps higher as compared to previous month. SDL and Uday Bonds supply also kept long term yields on the higher side. SDL spreads (10 year segment) has widened to bps. 1 year CD rates rose by 37 bps to close at 6.92%. 1 year T bill yield rose 4 bps to close at 6.21%. 3 months CD rates closed at 6.25%, similar levels as previous month. Brent Crude oil prices were at similar levels as previous month at USD 55 per barrel INR appreciated and closed the month around as compared to the previous month. For the month of February, FIIs were net buyers in the debt market to the tune of Rs 9568 crore approx. January WPI data release came at 5.25% as compared to 3.39% in previous month. CPI for January came at 3.17% compared to 3.41% in previous month. While WPI reflected the rise in commodity prices including base metals, depressed food inflation was main reason behind benign CPI release. December Industrial production (IIP) growth came at -0.7% primarily due to a negative base effect. The Index has actually gone up from the previous month reflecting renewed activity. The fiscal deficit data for period April-January 2017 touched Rs 5.64 lakh crore or per cent of Budget estimates for FY Banking system liquidity remained well in surplus mode. Excluding CMBs, banking system averaged a surplus of Rs 4 lakh crore at various RBI liquidity facilities put together. Outlook: We expect banking system liquidity to remain well in surplus zone On global front market will take cues from the upcoming US FOMC meet. A rate hike can lead to further rise in domestic bond yields. Market will also await release of government borrowing calendar towards end of the month. The ten year benchmark g sec yield is expected to trade in a range of % during the month. The five year AAA Corporate bond benchmark is expected to trade in a range of 7.40%-7.65%. Money market rates are expected to remain stable on back of low CD issuance and surplus banking system liquidity. The ten year benchmark US treasury yield ended lower at 2.39%. 3

4 Fund Manager Commentary Equity Markets February 2017 Review of Equity markets for the month of February The Indian equity markets continued their strong performance of January into February, with the NSE Nifty up nearly 4% during the month. The Emerging markets (EM) also outperformed the Developed markets with the MSCI EM (USD) index up nearly 3%, while MSCI World index was up 2.5% during the month. India was the second best performing EM during the month, with MSCI India (USD) up 5.3% during the month. Within Indian equity, the mid-cap and small-cap indices outperformed the NSE Nifty index as shown in the chart below. The strong performance of EM equity was driven by the fund flows. Globally, offshore investors put in about USD 5.8 Billion in EM equity during the month (USD 2.8 Billion in January). FIIs invested USD 1.56 Billion in Indian equity during the month, though a substantial chunk of that was driven by FII investment in shares of HDFC Bank, where FII limits opened briefly during the course of the month. Flows remained strong into domestic mutual funds during the month. However, mutual funds were marginal net sellers in equity during the month in the secondary market. The CRB index of all commodities was virtually flat for the month. However, precious metals did well (gold up 3.1%, silver up 4.3%) during the month. In energy, crude (Brent) was virtually flat while WTI was up 2.3%. In metals, aluminum was up nearly 6% in February, and is up nearly 13% in the year. The rally was partly driven by the fact that China is looking to cut production of the metal in the winter months from smelters in northern China to reduce air pollution. Iron ore was up nearly 10% during the month and is up nearly 17% for the year. This is likely driven by higher steel prices, fall in Chinese iron ore production, restocking and speculation. Incidentally, global steel prices are now higher than Indian prices and Indian producers have been exporters in the past PERFORMANCE AS ON FEBRUARY 28, 2017* Index 1 Month 3 Months 6 Months 1 Year (%) (%) (%) (%) Broad Markets Nifty S&P BSE Sensex S&P BSE S&P BSE S&P BSE S&P BSE MID CAP S&P BSE SMALL CAP Sectoral Performance S&P BSE AUTO S&P BSE Bankex S&P BSE CD S&P BSE CG S&P BSE FMCG S&P BSE HC S&P BSE METAL S&P BSE Oil & Gas S&P BSE PSU S&P BSE Teck *Performance for less than one year are absolute returns. Source - MFI Explorer few months. During the month, the Rupee strengthened by 1.7% versus the USD. The DXY itself, however was up 1.6% during the month. The EM currencies gained against the USD while the developed market currencies were weaker. In global news, the US Fed at its meeting on February 1, acknowledged improvement in consumer and business sentiment. It noted that the labour market has continued to strengthen and that economic activity has continued to expand. The y-o-y increase in prices of items of personal consumption expenditure was 1.7% in January, still below the Fed s target of 2%. Our economists expect two to three rate hikes this year, depending on incoming inflation and employment data. The positives of the union budget which was presented on February 1 were credible projections for revenue, moderate growth projected in government expenditure, targeted fiscal deficit of 3.2% of GDP for FY 18, continued push for rural areas and infrastructure etc. It is quite likely that the revenue estimates both on direct and indirect taxes front may be exceeded given the roll out of GST and the information available with the tax authorities post demonetization. The GDP numbers for Q3, FY 17 came in at 7%, which were a positive surprise compared to the analyst estimates. However, data for the informal sector, which appeared to have been impacted more by demonetization, is difficult to measure and is estimated using surrogate variables at least for the quick estimates. It is possible therefore that there could be revisions to GDP data when more data is available. Incidentally, a CARE study of results of 1640 companies (excluding banks, financials, oil and IT companies) for the results of Q3, FY 17 concluded that sales for the smallest companies in the study (those with annual turnover of less than Rs. 100 crores) shrank the most (nearly 10% yoy), while other companies in the study had flat sales, except for the largest companies, whose sales grew 8% yoy. In terms of sectoral performance, IT companies were in the news on account of announced or expected share buybacks. The thesis is that growth is moderating and some of the companies are sitting on large cash piles part of which may be given back. This supported the IT companies performance. The energy sector did well driven by Reliance which gained as the company announced tariffs for the telecom business. In trade data, exports grew at 4.3% yoy, positive for the fourth month in a row. However, non-petro exports grew only 1.6% yoy, with pharmaceuticals and gems/ jewellery pulling down the numbers. CPI inflation was low in January at 3.2%, but is likely to rise from here. While vegetables and pulses prices have been lower, there is price rise in wheat, sugar and dairy products on the food side. Prices remain sticky in services which have a fair weight in CPI. Going forward, while in the near term the markets will watch the results of the state assembly polls, over the medium term, a smooth roll out of the GST should be taken positively by the market. 4

5 Funds at a Glance EQUITY SCHEMES Particulars Principal Principal Emerging Principal Principal Principal Principal Large Cap Fund Bluechip Fund Growth Fund Dividend Yield Fund Index Fund - Nifty Index Fund - Midcap Nature of the An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended Scheme Equity Scheme Equity Scheme Equity Scheme Equity Scheme Index Scheme Index Scheme Allotment Date - Regular Plan November 11, 2005 November 12, 2008 October 25, 2000 October 15, 2004 July 27, 1999 May 12, Direct Plan January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 May 12, 2014 Investment Plans / Regular Plan & Direct Plan. Both the Plans offer Growth & Half Yearly Dividend Option. Regular Plan & Direct Plan. Both the Plans offer Options Half Yearly Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep. Growth & Dividend Option. Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep. Fund Manager & Rajat Jain Dhimant Shah P.V.K. Mohan Dhimant Shah Rajat Jain Rajat Jain Managing the September 2016 June 2011 September 2010 December 2011 August 2015 August 2015 Current Fund from Total Investment 27 years 25 years 23 years 25 years 27 years 27 years Experience Benchmark S&P BSE 100 Index Nifty Free Float S&P BSE 200 Index Nifty Dividend Nifty 50 Index Nifty Free Float Midcap 100 Index Opportunities 50 Index Midcap 100 Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time# 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load If redeemed on or before 1 Year from the 1% - If redeemed within If redeemed on or before 1% - if redeemed on or before 90 days (including SIP /STP/ date of allotment - 1% 365 days from the 1 Year from the from the date of allotment; SWP, if available) date of allotment. date of allotment - 1% Nil - if redeemed after 90 days from the Nil - If redeemed after date of allotment. 365 days from the date of allotment. SIP / SWP / STP Available Minimum No. & 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. Amt. of SIP/SWP/STP (if available) EQUITY SCHEME EQUITY LINKED SAVINGS SCHEME (ELSS)^ TARGET RISK FUNDS Particulars Principal Principal Principal Personal Principal Principal Principal SMART Equity Fund Arbitrage Fund Tax Saver Fund Tax Savings Fund Balanced Fund Equity Savings Fund Nature of the An Open-ended An Open-ended An Open-ended Equity An Open-ended Equity An Open-ended An Open-ended Scheme Equity Scheme Equity Scheme Linked Savings Scheme Linked Savings Scheme Balanced Scheme Equity Scheme Allotment Date - Regular Plan December 16, 2010 April 21, 2016 March 31, 1996 March 31, 1996 January 14, 2000 May 23, Direct Plan January 2, 2013 April 21, 2016 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 Investment Plans / Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Options Both the Plans offer Growth & Both the Plans offer Growth & Both the Plan do not have Both the Plan do not have Both the Plans offer Growth & Both the Plans offer Monthly Dividend Option. Monthly* Dividend Option. any options at present. any options at present. Monthly Dividend Option. Growth & Half yearly and Monthly Dividend Option Monthly* Dividend Option Monthly Dividend Option Quarterly Dividend Option. under both the Plans offers under both the Plans offers under both the Plan offers facility of Payout, facility of Payout, facility of Payout, Reinvestment and Sweep. Reinvestment and Sweep. Reinvestment and Sweep. Fund Manager & Rajat Jain Rajat Jain Rajat Jain P.V.K. Mohan P.V.K. Mohan - May 2010 / P.V.K. Mohan Managing the September 2016 April 2016 September 2016 September 2010 Bekxy Kuriakose - Mar 2016 June 2016 Current Fund from Total Investment 27 years 27 years 27 years 23 years 23 years / 23 years Experience 15 years Benchmark Crisil Balanced Fund - CRISIL Liquid Fund Index S&P BSE 100 Index S&P BSE 200 Index Crisil Balanced Fund - 30% Nifty 50 Index + Aggressive Index Aggressive Index 70% CRISIL Liquid Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 500 New Investor: ` 500 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 500 Existing Investor: ` 500 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time# 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load 1% if redeemed If redeemed on or Nil Nil If redeemed on or before If redeemed /switched on (including SIP /STP / within 1 year from the before 30 days from the 1 Year from the date of or before 365 days from SWP, if available) date of allotment. date of allotment. allotment - 1%. the date of allotment - 1%. NIL - If redeemed after After 365 days - NIL. 30 days from the date of allotment. (w.e.f. Aug. 17, 2016) SIP Available SWP / STP Available Available after lock-in period Available Available Minimum No. & 6 installment of SIP - ` 2,000/- each, 6 installments of ` 500/- each. 6 installment of SIP - ` 2,000/- each, STP - ` 1,000/- each Amt. of SIP/SWP/STP STP - ` 1,000/- each & SWP - ` 500/- each. & SWP - ` 500/- each. (if available) # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped). ^ Lock-in of 3 years. * Effective February 01,

6 Funds at a Glance (Contd.) DEBT SCHEMES Particulars Principal Government Principal Dynamic Principal Credit Principal Short Term Principal Securities Fund Bond Fund Opportunities Fund Income Fund Bank CD Fund Nature of the An Open-ended dedicated An Open-ended An Open-ended An Open-ended An Open-ended Scheme Gilt Scheme investing in Income Scheme Debt Scheme Income Scheme Debt Scheme Government Securities Allotment Date - Regular Plan August 23, 2001 May 09, 2003 September 14, 2004 May 09, 2003 November 6, Direct Plan January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 Investment Plans / Options Regular Plan and Direct Plan. Both the Plans offer Dividend & Growth Option. Dividend Frequencies Quarterly / Annual Quarterly / Annual Monthly Monthly Monthly Fund Manager & Bekxy Kuriakose Bekxy Kuriakose Bekxy Kuriakose Gurvinder Singh Wasan Gurvinder Singh Wasan Managing the October 2012 Janaury 2013 Janaury 2013 April 2011 April 2011 Current Fund from Total Investment 15 years 15 years 15 years 13 years 13 years Experience Benchmark I-Sec Composite Index Crisil Composite Bond Crisil Liquid Fund Index CRISIL Short-Term Bond Crisil Liquid Fund Index Fund Index Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time Subscription # 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Redemption 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load Nil If redeemed on or 0.50% - if redeemed on or 0.50% - if redeemed 1% - if redeemed within 180 (including SIP /STP/ before 1 Year from the before 180 days from the within 90 days from the days from the date of allotment; SWP, if available) date of allotment - 1%. date of allotment; date of allotment. 0.50% - if redeemed after Nil - if redeemed after 180 days Nil - if redeemed 180 days but within 270 days from the date of allotment. after 90 days from the from the date of allotment; date of allotment. 0.25% - if redeemed after 270 days but within 365 days from the date of allotment; Nil - if redeemed after 365 days from the date of allotment. SIP / SWP / STP Minimum number & Amount of SIP/ SWP/STP (if available) Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped). 6

7 Funds at a Glance (Contd.) DEBT SCHEMES LIQUID SCHEME* RETAIL SCHEMES FUND OF FUNDS SCHEME Particulars Principal Principal Principal Retail Principal Debt Savings Principal Global Low Duration Fund Cash Management Fund Money Manager Fund ~ Fund - Retail Plan ~ Opportunities Fund Nature of the An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended Scheme Debt Scheme Liquid Scheme Debt Scheme Income Fund Fund of Funds Scheme Allotment Date - Regular Plan September 14, 2004 August 30, 2004 December 28, 2007 December 30, 2003 March 29, Direct Plan January 2, 2013 January 1, 2013 January 1, 2013 January 2, 2013 January 2, 2013 Investment Plans/ Regular Plan and Direct Plan. Regular Plan and Direct Plan. Growth & Dividend Regular Plan and Direct Plan. Regular Plan & Direct Plan. Options/ Both the Plans offer Both the Plans offer Both the Plans offer Both the Plans offer Both the Plans offer Dividend & Growth Option. Dividend & Growth Option. Dividend & Growth Option. Dividend ~ and Growth Option. Growth & Dividend Option. Dividend Frequencies Dividend Frequency - Dividend Frequency - Dividend Frequency - Dividend Frequency - Dividend Option under both Daily / Weekly / Monthly Daily / Weekly / Monthly Regular Plan ~ : Monthly / Quarterly the Plan offers facility of Daily / Weekly / Monthly. Payout, Reinvestment and Direct Plan: Monthly Sweep. (Reinvestment) Fund Manager & Pankaj Jain Pankaj Jain Pankaj Jain Pankaj Jain Rajat Jain Managing the January 2012 January 2012 January 2012 January 2012 March 2004 Current Fund from Total Investment 14 years 14 years 14 years 14 years 27 years Experience Benchmark Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil Short Term MSCI World Index Bond Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 10,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time Subscription# 3.00 pm 2.00 pm 3.00 pm 3.00 pm pm Redemption 3.00 pm 3.00 pm 3.00 pm 3.00 pm pm Exit Load Nil Nil Nil If redeemed on or before If redeemed on or before (including SIP /STP/ 30 days from the 1 Year from the SWP, if available) date of allotment - 1%. date of allotment - 1%. SIP / SWP / STP Minimum number & Amount of SIP/ SWP/STP (if available) Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. FUND OF FUNDS SCHEME Particulars Principal Asset Allocation Fund-of-Funds Principal Asset Allocation Fund-of-Funds Principal Asset Allocation Fund-of-Funds Conservative Plan Moderate Plan Aggressive Plan Nature of the Scheme An Open-ended Fund-of-Funds Scheme An Open-ended Fund-of-Funds Scheme An Open-ended Fund-of-Funds Scheme Allotment Date Regular Sub-Plan & December 14, 2015 December 14, 2015 December 14, 2015 Direct Sub-Plan Investment Plans/Option Regular Sub-Plan & Direct Sub-Plan. Both the Sub-Plans offer Growth Option. Fund Manager & Rajat Jain - December 2015 Rajat Jain - December 2015 Rajat Jain - December 2015 Managing the Current Fund from Total Investment 27 years 27 years 27 years Experience Composite Benchmark 85% CRISIL Short Term Bond Fund Index and 60% CRISIL Short Term Bond Fund Index and 20% CRISIL Short Term Bond Fund Index and Consisting of 15% Nifty 50 40% Nifty 50 80% Nifty 50 Min. Application Amt. New Investor: ` 5,000 Existing Investor: ` 1,000 New Investor: ` 5,000 Existing Investor: ` 1,000 New Investor: ` 5,000 Existing Investor: ` 1,000 Cut Off Time # 3.00 pm 3.00 pm 3.00 pm Exit Load (including SIP /STP / SWP, if available) SIP / SWP / STP Min. number & Amount of SIP/SWP/STP NIL No exit load will be applicable for switches between the 3 plans i.e. Conservative Plan, Moderate Plan and Aggressive Plan of the Scheme. Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. * In respect of Liquid Scheme(s) applicable shall be subject to receipt of valid application/switch-in request at the OPT and credit of entire subscription/switch-in amounts into the Bank Account of the concerning Scheme(s)/ Plan(s) and funds are available for utilization by the Scheme(s)/Plan(s), within relevant cut-off time as applicable to the relevant Scheme(s)/Plan(s). # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (Net Asset Value) of the day shall be applicable subject to realization of the funds upto 3.00 p.m. (12:30 pm in case of Global Opportunities Fund) and receipt of application (duly time stamped). ~ Subscriptions (by way of purchase / switch in or in any mode) is restricted only for individual investors (including HUFs, Association of Persons & where an individual is an ultimate beneficiary). Further, (a) Daily & Weekly Dividend Option and the Payout & Sweep facility to Monthly Dividend Option under Regular Plan of Principal Retail Money Manager Fund and (b) Dividend Option under Regular Plan of Principal Debt Savings Fund - Retail Plan. Direct Plan under the Scheme do not offer this Options. 7

8 Principal Large Cap Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE To provide capital appreciation and /or dividend distribution by predominantly investing in companies having a large market capitalization. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 23, June 24, December 24, December 29, June 24, N.A. N.A. July 28, N.A. N.A. February 5, N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on February 28, 2017) Standard Deviation^ (Annualised) 15.82% Beta^ 1.03 Sharpe Ratio^ (Annualised) 0.75 Portfolio Turnover Ratio** 0.83 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 6.05% risk free rate of return (1 days - MIBOR Rate as on February 28, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. MARKET CAP ALLOCATION (As on February 28, 2017) % of Equity & Equity Related Instruments of Large Cap Companies Equity & Equity Related Instruments of Mid Cap & Other Companies 0.00 Cash and Other Assets 1.05 Instrument Industry % of Equity Maruti Suzuki India Auto 3.35 Tata Motors Auto 2.33 Tata Motors A-DVR Auto 1.69 Bajaj Auto Auto 0.94 HDFC Bank Banks 4.64 State Bank of India Banks 4.20 ICICI Bank Banks 4.11 IndusInd Bank Banks 3.20 Kotak Mahindra Bank Banks 3.11 Yes Bank Banks 1.68 The Federal Bank Banks 1.29 Bank of Baroda Banks 1.02 Shree Cements Cement 2.29 Ultratech Cement Cement 2.07 The India Cements Cement 1.93 Larsen & Toubro Construction Project 3.44 ITC Consumer Non Durables 4.23 Britannia Industries Consumer Non Durables 2.88 Hindustan Unilever Consumer Non Durables 2.32 United Breweries Consumer Non Durables 0.83 Coromandel International Fertilisers 0.59 Housing Development Finance Corporation Finance 2.85 BSE Finance 0.90 Mahindra Holidays & Resorts India Hotels, Resorts & Other Recreational Activities 0.78 Zee Entertainment Enterprises Media & Entertainment 2.10 Dish TV India Media & Entertainment 1.16 Hindalco Industries Non - Ferrous Metals 2.27 Hindustan Petroleum Corporation Petroleum Products 2.89 Reliance Industries Petroleum Products 2.31 Bharat Petroleum Corporation Petroleum Products 1.98 Castrol India Petroleum Products 0.13 Abbott India Pharmaceuticals 2.57 Sun Pharmaceuticals Industries Pharmaceuticals 2.33 Natco Pharma Pharmaceuticals 2.29 Divi's Laboratories Pharmaceuticals 1.63 Aurobindo Pharma Pharmaceuticals 1.08 Power Grid Corporation of India Power 3.90 Aditya Birla Nuvo Services 1.19 Infosys Software 4.22 Tech Mahindra Software 2.30 HCL Technologies Software 2.28 Tata Consultancy Services Software 1.71 Hexaware Technologies Software 1.10 Bharti Airtel Telecom - Services 2.84 CBLO / Reverse Repo Investments 0.06 Cash & Cash Equivalents 0.99 SECTOR ALLOCATION (TOP 10) (As on February 28, 2017) Banks Software Consumer Non Durables Pharmaceuticals Auto Petroleum Products Cement Power Finance Construction Project 11.61% 10.26% 9.90% 8.31% 7.31% 6.29% 3.90% 3.75% 3.44% 23.25% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% (% of ) 8

9 Principal Emerging Bluechip Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE: To achieve long-term capital appreciation by investing in equity & equity related instruments of Mid Cap & Small Cap companies. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 23, June 24, June 24, December 29, October 15, N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on February 28, 2017) Standard Deviation^ (Annualised) 19.05% Beta^ 0.99 Sharpe Ratio^ (Annualised) 1.31 Portfolio Turnover Ratio** 0.61 Expense Ratio # Direct Plan - Regular Plan % 2.51% Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 6.05% risk free rate of return (1 days - MIBOR Rate as on February 28, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. MARKET CAP ALLOCATION (As on February 28, 2017) % of Equity and equity related instruments of Mid Cap Companies Equity and equity related instruments of Small Cap Companies Equity and equity related instruments of Companies other than Mid & Small Cap 9.42 Cash and Money Market / Fixed Income Securities (including MIBOR Linked Short Term Papers & Securitised Debt) 1.59 Mutual Funds 1.00 Derivatives 2.91 Market Cap Range for Nifty Free Float Midcap 100 Stocks As on December 30, 2016 ` 1,07, Cr ` 2, Crs Bharat Financial Inclusion Finance 1.55 Finolex Industries Industrial Products 1.52 Petronet LNG Gas 1.50 The India Cements Cement 1.39 UPL Pesticides 1.37 Amara Raja Batteries Auto Ancillaries 1.37 Mold-Tek Packaging Industrial Products 1.36 Sadbhav Engineering Construction Project 1.32 Vardhman Textiles Textiles - Cotton 1.32 Yes Bank Banks 1.30 Symphony Consumer Durables 1.28 Finolex Cables Industrial Products 1.28 Glenmark Pharmaceuticals Pharmaceuticals 1.26 Indian Oil Corporation Petroleum Products 1.22 Sun TV Network Media & Entertainment 1.21 SRF Textile Products 1.19 Hindustan Zinc Non - Ferrous Metals 1.17 PVR Media & Entertainment 1.16 Cyient Software 1.16 S. P. Apparels Textile Products 1.15 The Ramco Cements Cement 1.13 Tata Chemicals Chemicals 1.12 Gateway Distriparks Transportation 1.12 KEC International Construction Project 1.11 Gujarat State Petronet Gas 1.11 City Union Bank Banks 1.09 Jet Airways (India) Transportation 1.06 Hindalco Industries Non - Ferrous Metals 1.06 Tata Communications Telecom - Services 1.05 NBCC (India) Construction 1.02 Gujarat State Fertilizers & Chemicals Fertilisers 1.02 Kajaria Ceramics Construction 0.99 Birla Corporation Cement 0.97 Bajaj Electricals Consumer Durables 0.97 Ramkrishna Forgings Industrial Products 0.97 Bata India Consumer Durables 0.96 FAG Bearings India Industrial Products 0.94 Cummins India Industrial Products 0.93 Atul Chemicals 0.91 Gujarat Alkalies and Chemicals Chemicals 0.91 Dynamatic Technologies Auto Ancillaries 0.91 Gabriel India Auto Ancillaries 0.90 Triveni Engineering & Industries Consumer Non Durables 0.88 Canara Bank Banks 0.87 TCI Express Transportation 0.84 Pidilite Industries Chemicals 0.83 Dwarikesh Sugar Industries Consumer Non Durables 0.83 Aditya Birla Nuvo Services 0.82 Hindustan Construction Company Construction Project 0.80 Orient Paper & Industries Consumer Durables 0.80 Cholamandalam Investment and Finance Company Finance 0.80 Other Equities* 1.50 DERIVATIVES 2.91 HDFC Bank Stock Future 1.68 Voltas Stock Future 0.66 Dewan Housing Finance Corporation Stock Future 0.57 Cash Future Arbitrage Hindustan Petroleum Corporation Petroleum Products 0.06 Hindustan Petroleum Corporation Stock Future Investment Funds/Mutual Funds 1.00 Principal Cash Management Fund - Direct Plan - Growth Option Mutual Fund 0.80 Principal Cash Management Fund - Growth Option Mutual Fund 0.20 CBLO / Reverse Repo Investments 4.91 Cash & Cash Equivalents * Holdings less than 0.75% Instrument Industry/ % of % of Rating Derivatives Equity Eicher Motors Auto 3.29 Hindustan Petroleum Corporation Petroleum Products 2.94 IndusInd Bank Banks 2.65 Britannia Industries Consumer Non Durables 2.64 Shree Cements Cement 2.16 Natco Pharma Pharmaceuticals 2.13 Indraprastha Gas Gas 2.09 AIA Engineering Industrial Products 2.02 ICICI Bank Banks 1.98 MRF Auto Ancillaries 1.82 Torrent Pharmaceuticals Pharmaceuticals 1.80 State Bank of India Banks 1.72 Bajaj Finance Finance 1.70 Navin Fluorine International Chemicals 1.69 Kotak Mahindra Bank Banks 1.67 Infosys Software 1.66 Aurobindo Pharma Pharmaceuticals 1.61 Motherson Sumi Systems Auto Ancillaries 1.57 SECTOR ALLOCATION (As on February 28, 2017) Banks 11.31% Industrial Products 9.02% Pharmaceuticals 6.80% Auto Ancillaries 6.57% Cement 5.65% Chemicals 5.46% Gas 4.70% Consumer Non Durables 4.35% Consumer Durables 4.27% Petroleum Products 4.22% Finance 4.05% Construction Project 3.80% Auto 3.29% Transportation 3.02% Software 2.82% Construction 2.65% Media & Entertainment 2.37% Textile Products 2.34% Non - Ferrous Metals 2.23% Pesticides 1.37% Textiles - Cotton 1.32% Telecom - Services 1.05% Fertilisers 1.02% Services 0.82% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% (% of ) 9

10 Principal Growth Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE: To achieve long-term capital appreciation. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 23, June 24, December 24, December 29, December 31, N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant to payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on February 28, 2017) Standard Deviation^ (Annualised) 18.44% Beta^ 1.18 Sharpe Ratio^ (Annualised) 0.88 Portfolio Turnover Ratio** 0.46 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 6.05% risk free rate of return (1 days - MIBOR Rate as on February 28, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. Instrument Industry % of Equity Tata Motors Auto 3.40 Maruti Suzuki India Auto 1.66 Hero MotoCorp Auto 0.93 Asahi India Glass Auto Ancillaries 1.96 Rico Auto Industries Auto Ancillaries 1.42 HDFC Bank Banks 4.63 ICICI Bank Banks 4.58 State Bank of India Banks 3.42 Bank of Baroda Banks 1.68 Kotak Mahindra Bank Banks 1.54 The Federal Bank Banks 1.43 Yes Bank Banks 1.14 RBL Bank Banks 1.04 City Union Bank Banks 0.99 Union Bank of India Banks 0.99 Canara Bank Banks 0.93 Canara Bank - Rights Banks 0.03 The India Cements Cement 2.90 Century Textiles & Industries Cement 1.42 Ultratech Cement Cement 1.23 JK Cement Cement 1.10 Birla Corporation Cement 0.99 Phillips Carbon Black Chemicals 0.68 DLF Construction 1.00 IRB Infrastructure Developers Construction 0.78 Prestige Estates Projects Construction 0.63 Milestone Global Construction 0.01 Larsen & Toubro Construction Project 2.35 KEC International Construction Project 2.06 Ashoka Buildcon Construction Project 0.88 Hindustan Construction Company Construction Project 0.85 Bajaj Electricals Consumer Durables 1.97 ITC Consumer Non Durables 3.84 Bombay Burmah Trading Corporation Consumer Non Durables 2.06 Dabur India Consumer Non Durables 1.94 Britannia Industries Consumer Non Durables 1.63 United Spirits Consumer Non Durables 1.27 Chambal Fertilisers and Chemicals Fertilisers 1.42 Dewan Housing Finance Corporation Finance 2.42 Housing Development Finance Corporation Finance 2.00 Indraprastha Gas Gas 1.33 Mahindra Holidays & Resorts India Hotels, Resorts & Other Recreational Activities 1.01 The Indian Hotels Company Hotels, Resorts & Other Recreational Activities 0.96 Jain Irrigation Systems Industrial Products 1.78 Hindustan Zinc Non - Ferrous Metals 1.45 National Aluminium Company Non - Ferrous Metals 0.81 Reliance Industries Petroleum Products 3.00 Castrol India Petroleum Products 2.01 Hindustan Petroleum Corporation Petroleum Products 1.21 Abbott India Pharmaceuticals 1.10 Natco Pharma Pharmaceuticals 1.02 Cipla Pharmaceuticals 0.97 Glenmark Pharmaceuticals Pharmaceuticals 0.96 Aurobindo Pharma Pharmaceuticals 0.91 Sun Pharmaceuticals Industries Pharmaceuticals 0.81 Kalpataru Power Transmission Power 1.14 Rattanindia Power Power 0.61 Infosys Software 4.02 Hexaware Technologies Software 0.94 Tata Consultancy Services Software 0.89 HCL Technologies Software 0.87 Jet Airways (India) Transportation 0.84 CBLO / Reverse Repo Investments 4.79 Cash & Cash Equivalents SECTOR ALLOCATION (TOP 10) (As on February 28, 2017) Banks Consumer Non Durables Cement Software Petroleum Products Construction Project Auto Pharmaceuticals Finance Auto Ancillaries 10.74% 7.64% 6.72% 6.22% 6.14% 5.99% 5.77% 4.42% 3.38% 22.40% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% (% of ) 10

11 Principal Dividend Yield Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE To provide capital appreciation and / or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 23, December 29, October 12, N.A. N.A. April 24, N.A. N.A. October 3, N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant to payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on February 28, 2017) Standard Deviation^ (Annualised) 16.97% Beta^ 0.92 Sharpe Ratio^ (Annualised) 0.79 Portfolio Turnover Ratio** 0.69 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 6.05% risk free rate of return (1 days - MIBOR Rate as on February 28, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. Instrument Industry/ % of % of Rating Derivatives Equity Hero MotoCorp Auto 4.00 Maruti Suzuki India Auto 3.57 Bajaj Auto Auto 2.55 SML Isuzu Auto 2.05 Tata Motors A-DVR Auto 1.72 Apollo Tyres Auto Ancillaries 1.17 Asahi India Glass Auto Ancillaries 1.15 State Bank of India Banks 4.27 ICICI Bank Banks 3.30 HDFC Bank Banks 2.42 IndusInd Bank Banks 1.79 City Union Bank Banks 0.95 Kotak Mahindra Bank Banks 0.87 Dalmia Bharat Cement 3.05 Ultratech Cement Cement 1.78 Aarti Industries Chemicals 1.58 Phillips Carbon Black Chemicals 1.40 NBCC (India) Construction 1.04 KEC International Construction Project 1.55 Larsen & Toubro Construction Project 1.05 Orient Paper & Industries Consumer Durables 0.96 Hindustan Unilever Consumer Non Durables 6.24 ITC Consumer Non Durables 4.20 VST Industries Consumer Non Durables 2.49 Colgate Palmolive (India) Consumer Non Durables 2.32 Balrampur Chini Mills Consumer Non Durables 1.49 Bajaj Holdings & Investment Finance 2.28 Indraprastha Gas Gas 1.34 Gujarat State Petronet Gas 1.30 Petronet LNG Gas 1.29 Cummins India Industrial Products 1.28 Hindustan Zinc Non - Ferrous Metals 1.61 Hindalco Industries Non - Ferrous Metals 1.25 Oil & Natural Gas Corporation Oil 1.87 PI Industries Pesticides 1.44 Hindustan Petroleum Corporation Petroleum Products 4.65 Bharat Petroleum Corporation Petroleum Products 3.88 Chennai Petroleum Corporation Petroleum Products 1.47 Reliance Industries Petroleum Products 1.37 Castrol India Petroleum Products 0.63 Sun Pharmaceuticals Industries Pharmaceuticals 1.12 Aurobindo Pharma Pharmaceuticals 1.05 Infosys Software 2.94 Tech Mahindra Software 1.67 HCL Technologies Software 1.31 Cyient Software 1.12 SRF Textile Products 1.14 Himatsingka Seide Textile Products 1.02 Gateway Distriparks Transportation 1.22 DERIVATIVES 0.72 HDFC Bank Stock Future 0.72 Cash Future Arbitrage Hindustan Petroleum Corporation Petroleum Products 0.10 Hindustan Petroleum Corporation Stock Future Investment Funds/Mutual Funds 0.18 Principal Cash Management Fund - Growth Option Mutual Fund 0.18 CBLO / Reverse Repo Investments 1.60 Cash & Cash Equivalents 0.19 SECTOR ALLOCATION (TOP 10) (As on February 28, 2017) Consumer Non Durables Auto Banks Petroleum Products Software Cement Gas Chemicals Non - Ferrous Metals Construction Project 7.04% 4.83% 3.93% 2.98% 2.86% 2.60% 16.74% 13.89% 13.60% 12.10% 0.00% 5.00% 10.00% 15.00% 20.00% (% of ) 11

12 Principal Index Fund - Nifty (An open-ended index scheme) MAAUM: ` crore AUM: ` crore Direct Plan Regular Plan Growth Option : ` ` Dividend Option : ` ` INVESTMENT OBJECTIVE To invest principally in securities that comprise Nifty 50 and subject to tracking errors endeavour to attain results commensurate with the Nifty 50. DIVIDEND UPDATE (REGULAR PLAN) Date Dividend (`/Unit)* Cum Dividend December 24, Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. Pursuant to payment of dividend, the of Dividend Option of schemes/plans would fall to the extent of payout and statutory levy, if applicable. RATIOS & OTHER DETAILS (As on February 28, 2017) Standard Deviation^ (Annualised) 14.46% Beta^ 1.00 Sharpe Ratio^ (Annualised) 0.50 Portfolio Turnover Ratio** 0.07 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 6.05% risk free rate of return (1 days - MIBOR Rate as on February 28, 2017). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # Total Expense Ratio is weighted average for the month. Ratio excludes service tax on management fees. TRACKING DEVIATION 0.12%* * Trailing 12 months ended February 28, 2017 (Annualized). Instrument Industry % of Equity Tata Motors Auto 2.66 Maruti Suzuki India Auto 2.40 Mahindra & Mahindra Auto 1.87 Hero MotoCorp Auto 1.22 Bajaj Auto Auto 1.14 Eicher Motors Auto 0.98 Tata Motors A-DVR Auto 0.43 Bosch Auto Ancillaries 0.61 HDFC Bank Banks 8.54 ICICI Bank Banks 4.91 Kotak Mahindra Bank Banks 2.92 Axis Bank Banks 2.62 State Bank of India Banks 2.58 IndusInd Bank Banks 2.01 Yes Bank Banks 1.46 Bank of Baroda Banks 0.48 Ultratech Cement Cement 1.20 Grasim Industries Cement 0.97 Ambuja Cements Cement 0.54 ACC Cement 0.40 Larsen & Toubro Construction Project 3.68 ITC Consumer Non Durables 6.78 Hindustan Unilever Consumer Non Durables 1.89 Asian Paints Consumer Non Durables 1.41 Tata Steel Ferrous Metals 0.99 Housing Development Finance Corporation Finance 6.62 GAIL (India) Gas 0.74 Bharat Heavy Electricals Industrial Capital Goods 0.45 Zee Entertainment Enterprises Media & Entertainment 0.85 Coal India Minerals/Mining 1.24 Hindalco Industries Non - Ferrous Metals 0.72 Oil & Natural Gas Corporation Oil 1.62 Reliance Industries Petroleum Products 6.25 Bharat Petroleum Corporation Petroleum Products 1.06 Sun Pharmaceuticals Industries Pharmaceuticals 2.24 Dr. Reddy's Laboratories Pharmaceuticals 1.08 Lupin Pharmaceuticals 1.08 Cipla Pharmaceuticals 0.90 Aurobindo Pharma Pharmaceuticals 0.56 Power Grid Corporation of India Power 1.29 NTPC Power 1.23 Tata Power Company Power 0.46 Infosys Software 6.17 Tata Consultancy Services Software 4.00 HCL Technologies Software 1.45 Wipro Software 0.96 Tech Mahindra Software 0.95 Bharti Infratel Telecom - Equipment & Accessories 0.46 Bharti Airtel Telecom - Services 1.47 Idea Cellular Telecom - Services 0.45 Adani Ports and Special Economic Zone Transportation 0.78 CBLO / Reverse Repo Investments 0.26 Cash & Cash Equivalents SECTOR ALLOCATION (TOP 10) (As on February 28, 2017) Banks Software Auto Consumer Non Durables Petroleum Products Finance Pharmaceuticals Construction Project Cement Power 13.53% 10.70% 10.08% 7.31% 6.62% 5.86% 3.68% 3.11% 2.98% (% of ) 25.52% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 12