MARKET COMMENTARY. Equity Market Outlook: Debt Market Outlook: Fund Speak Mirae Asset Global Investments

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2 MARKET COMMENTARY Equity Market Outlook: In e mon of March 2016, e BSE Sensex index reported its bigge monly gain, in e pa four years, as S&P BSE Sensex soared by 10.2%. The rong performance was driven by 'risk on rally' in global financial markets, following favorable commentary by central banks on monetary policy. Domeic policy developments were positive too as fir half of e Budget session of Parliament saw some encouraging policy developments. % Change Global Value MTD YTD DJIA 17, % 1.5% FTSE Sensex Nikkei Shanghai KOSPI 6, , , , , % 10.2% 4.6% 11.8% 4.1% -1.1% -3.0% -12.0% -15.1% 1.8% Hang Seng Bovespa 20, , % 17.0% -5.2% 15.5% Source: Bloomberg, 31 March, 2016 % Change Global Value MTD YTD BSE 200 BSE Mid Cap BSE Small Cap CNX Mid Cap S&P BSE Metal 3, , , , , % 10.9% 10.4% 10.3% 11.6% -3.5% -4.7% -10.9% -4.8% 1.9% S&P BSE FMCG S&P BSE Auto S&P BSE BANKEX 7, , , % 13.6% 16.3% -2.3% -2.8% -4.8% S&P BSE Heal Care 15, % -10.4% S&P BSE Consumer Durables 11, % -4.3% Source: Bloomberg, 31 March, 2016 The rong performance of equity markets was caused by e below positive developments: (I) Inveors took Fiscal Responsibility and Budget Management (FRBM) target given out in Union Budget Fy positively. (ii) The fiscal deficit targets for Fy16-17 and better an anticipated CPI inflation print for February; creates a rong case for rate cut. (iii) Government took politically difficult decision to cut intere rate on small savings (by bps on various schemes), is will create an environment for lower intere rates and make debt funds more attractive (iv) Steel sector saw sharp swing as government arted taking eps to ease e troubles faced by e indury and in turn addressing sector NPAs (v) The rong gains needs to be seen in context of -12% correction in fir two mons (January and February) of 2016 despite $3.4 bn buying by DIIs, and (vi) Strong FII flow of US$ 4.0 bn, at ree year high. Debt Market Outlook: View on e policy: RBI has cut e rates by 25 bps in its fir Bi-Monly Policy Statement FY 2017 on e 5 ofapril However, e following measures taken on e liquidity side by RBI will give impact of much more an 25bp rate cut. RBI to provide smoo supply of durable liquidity over e year using asset purchases and sales as needed. It is expected at RBI would be infusing primary liquidity by buying USD or buying government bonds. RBI buying bonds rough Open market operations (OMO) purchases is extremely positive for e bond markets. RBI lowered e Repo to Reverse Repo and MSF corridor from 100bps to 50bps and RBI has changed its policy on liquidity from keeping e syem in deficit to keeping e syem in neutral.as result operating rate will move towards e Reverse Repo Rate of 6% raer an e Repo Rate of 6.5%. RBI has maintained its accommodative policy ance forecaing economic grow at 7.6% and CPI inflation at around 5% for is year. The Central Bank has recognized e government's commitment to lowering fiscal deficit to 3.5% of GDP for is fiscal year and believes at inflation will be able despite push from Rs 1100 billion inflow into consumer's hands rough e 7 Pay Commission recommendation implementation. RBI provided more clarity and flexibility on e liquidity front in order to bring e operating rates down. The overall impact of is policy may be positive for e short term rates and e bond yields. Fixed Income - Rates 31/3/ /2/ /12/2015 Call Money CBLO 3 mon CD 3 mon CP 1 year CD 1 year CP G-Sec (10 yrs) Source: Bloomberg, 31 March, View on e markets: Macro-economic indicators remain conducive for lower intere rates It is expected at RBI will continue to support lower G-sec yields by way of Open market operations. In line wi e liquidity situation e overnight rates may get realigned in between 6-6.5% wi more bias towards Reverse repo rate. Short term rates (2-3 mon CDs) may get realigned at bps spread from operating rates. Recent changes in SEBI invement regulation will lower demand from funds and can increase credit spreads in certain issuers. It is advised at looking at current economic scenario inveors should ick to portfolios wi excellent credit quality. Key events for e mon ahead: Budget session of parliament to resume on April 24 and scheduled to continue till May 13. Indian companies to report Q4 FY16 earnings. We do not expect material change in earnings particularly in corporate oriented banks which will be impacted by continuation of provisioning. Elections to 5 State Assemblies - Assam, Bengal, Tamil Nadu, Kerala and Puducherry to commence onapril 4. Results to be announced on May 19. Market Outlook The uneven recovery in grow in is likely to rengen gradually into , assuming a normal monsoon, e likely boo to consumption demand from e implementation of e 7 Pay Commission recommendations and OROP, and continuing monetary policy accommodation. After two consecutive years of deficient monsoon, a normal monsoon would work as a favourable supply shock, rengening rural demand and augmenting e supply of farm products at also influence inflation. On e oer hand, e fading impact of lower input cos on value addition in manufacturing, persiing corporate sector ress and risk aversion in e banking syem, and e weaker global grow and trade outlook could impart a downside to grow outcomes going forward. 1 Mirae Asset Global Invements

3 FUND FACTS Key Features Type of Scheme Invement Objective Fund Manager** Minimum Invement Amount Syematic Invement Plan (SIP) Load Structure Mirae Asset India Mirae Asset Opportunities Fund Emerging Bluechip Fund An open ended equity oriented scheme The invement objective of e scheme is to generate long term capital appreciation by capitalizing on potential invement opportunities rough predominantly inveing in equities, equity related securities. There is no assurance or guarantee of returns Neelesh Surana & Sumit Agrawal; bo are managing is fund since May 2008 & Aug 2014 respectively. 04 April, 2008 S&PBSE 200 An open ended equity fund To generate income and capital appreciation from a diversified portfolio predominantly inveing in Indian equities and equity related securities of companies which are not part of e top 100 ocks by market capitalization and have market capitalization of atlea `100 Crores at e time of invement. The Scheme does not guarantee or assure any returns Neelesh Surana, managing e fund since inception of e fund. 09 July, 2010 Nifty Mid100 Free Mirae Asset Prudence Fund An Open Ended Equity Oriented Asset Allocation Scheme The invement objective of e Scheme is to generate capital appreciation along wi current income from a combined portfolio of equity & equity related inruments and debt and money market inruments. The Scheme does not guarantee or assure any returns. Mr. Neelesh Surana for Equity portion and Mr. Yadnesh Chavan for Debt portion. Bo of em have been managing is fund since Inception. 29 July, 2015 CRISIL Balanced Fund Index `5,000/- and in multiples of `1/-ereafter. Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- ereafter. Entry load: NA Exit load: If redeemed wiin 6 mons (182 days) from e date of allotment: 2.00%. If redeemed after 6 mons (182 days) but wiin 1 year (365 days) from e date of allotment: 1.00%. If redeemed after 1 year (365 days) from e date of allotment: NIL. Mirae Asset Tax Saver Fund An open ended equity linked saving scheme wi a 3 year lock-in period The invement objective of e scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related inruments. The Scheme does not guarantee or assure any returns. Mr. Neelesh Surana for Equity portion and Mr. Yadnesh Chavan for Debt portion. Bo of em have been managing is fund since Inception. 28 December, 2015 S&PBSE 200 `500/- and in multiples of `500/- ereafter Monly: `1,000/- (multiples of `1/- ereafter), minimum 6 inallments Minimum inallment of Quarterly: `1,500/- (multiples of `1/- ereafter), minimum 4 inallments `500/- (monly / quarterly frequency) and in multiples of `500/- ereafter. Entry Load:NA Exit Load: NA Entry Load: NA Exit Load: Nil Mirae Asset Ultra Short Term Bond Fund An open ended debt scheme The invement objective of e scheme is to seek to generate returns wi low volatility and higher liquidity rough a portfolio of debt and money market inruments. The Scheme does not guarantee any returns. Mr. Yadnesh Chavan, managing is fund since December March, 2008 CRISILLiquid Fund Index `5,000/- and in multiples of `1/-ereafter. Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- ereafter. Monly: `1,000/- (multiples of `1/- ereafter), minimum 6 inallments Quarterly: `1,500/- (multiples of `1/- ereafter), minimum 4 inallments Plans Available Regular Plan and Direct Plan Savings Plan and Direct Plan Options Available Grow Option and (Payout & Re-invement) Monly Average AUM ( ` Cr.) as on Mar 31, , , Monly Avg. Expense Ratio (Including Services Tax) as on 31 March, 2016 Product Labelling Riskometer Regular Plan: 2.45% Direct Plan: 1.60% This product is suitable for inveors who are seeking*: Long - term capital appreciation invements in equities, equity related securities Regular Plan: 2.46% Direct Plan: 1.59% This product is suitable for inveors who are seeking*: Long - term capital appreciation predominantly invements in Indian equities and equity related securities of companies which are not part of e top 100 ocks by market capitalization Regular Plan: 2.85% Direct Plan: 1.13% This product is suitable for inveors who are seeking*: Capital appreciation along wi current income over long term Invement predominantly in equities an equity related inruments wi balance exposure to debt and money market invements Regular Plan: 2.94% Direct Plan: 1.25% This product is suitable for inveors who are seeking*: Grow of capital over long term Invement predominantly in equity and equity related inruments Saving Plan: 0.80% Direct Plan: 0.24% This product is suitable for inveors who are seeking*: optimal returns over medium term Invement in a portfolio of debt and money market inruments Low Moderately Moderately High Low Moderately Moderately High Low High Low High LOW HIGH Inveors underand at eir principal will be at moderately high risk LOW HIGH Inveors underand at eir principal will be at moderately low risk **For experience of Fund Managers refer page no. 13 *Inveors should consult eir financial advisers if ey are not clear about e suitability of e product. 2 Mirae Asset Global Invements

4 FUND FACTS Key Features Mirae Asset Great Consumer Fund Mirae Asset China Advantage Fund Mirae Asset Cash Management Fund Type of Scheme Invement Objective An open-ended consumption oriented sector scheme The invement objective of e scheme is to generate long term capital appreciation by inveing in a portfolio of companies/funds at are likely to benefit eier directly or indirectly from consumption led demand in India and across e Asia Pacific region. The Scheme does not guarantee or assure any returns. An open ended fund of funds scheme The invement objective of e scheme is to generate long-term capital appreciation by inveing predominantly in units of Mirae Asset China Sector Leader Equity Fund and/or units of oer mutual fund schemes, units of exchange traded schemes at focus on inveing in equities and equity related securities of companies domiciled in or having eir area of primary activity in China and Hong Kong. The Scheme may also inve a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Domeic Mutual Funds, in order to meet liquidity requirements from time to time. The Scheme does not guarantee or assure any returns. China and Hong Kong. The Scheme may also inve a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Domeic Mutual Funds, in order to meet liquidity requirements from time to time. The Scheme does not guarantee or assure any returns. An open ended Liquid scheme The invement objective of e scheme is to generate consient returns wi a high level of liquidity in a judicious portfolio mix comprising of money market and debt inruments. The Scheme does not guarantee any returns. Fund Manager** Neelesh Surana managing is fund since inception, Sumit Agrawal (Domeic Invements) managing is fund since Augu 2014 and Bharti Sawant (Overseas Invements) managing is fund since Augu Bharti Sawant managing is fund since Augu 2014 Mr. Yadnesh Chavan, managing is fund since December Minimum Invement Amount Syematic Invement Plan (SIP) Load Structure Plans Available Options Available Monly Average AUM ( ` Cr.) as on Mar 31, 2016 MonlyAvg.ExpenseRatio (IncludingServicesTax) as on 31 March, 2016 Product Labelling 29 March, 2011 S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index MSCI China (in INRTerms) CRISILLiquid Fund Index `5,000/- and in multiples of `1/-ereafter. MinimumAdditionalApplicationAmount: `1,000/- per application and in multiples of `1/- ereafter. Monly: `1,000/- (multiples of `1/- ereafter), minimum 6 inallments Quarterly: `1,500/- (multiples of `1/- ereafter), minimum 4 inallments Entry load: NA Exit load : If redeemed wiin 6 mons (182 days) from e date of allotment : 2.00%. If redeemed after 6 mons (182 days) but wiin 1 year (365 days) from e date of allotment : 1.00%. If redeemed after 1 year (365 days) from e date of allotment : NIL Regular Plan: 3.20% Direct Plan: 2.61% This product is suitable for inveors who are seeking*: Long-term capital appreciation Invement in equity & equity related securities of companies benefiting directly or indirectly from consumption led demand in India & across e Asia pacific region 05 November, 2009 Regular Plan and Direct Plan Grow Option and (Payout & Re-invement) Regular Plan: 2.51% Direct Plan: 1.68% This product is suitable for inveors who are seeking*: Long - term capital appreciation Invement predominantly in units of MACSLEF (Mirae Asset China Sector Leader Equity Fund) and / or units of oer mutual fund schemes, ETFs, at focus on inveing in equities and equity related securities of companies domiciled in or having ere area of primary activity in China and Hong Kong. 12 January, 2009 Entry Load: NA Exit Load: Nil Regular Plan: 0.17% Direct Plan: 0.12% Thisproductis suitable for inveors whoare seeking*: optimal returns over short term Invement in portfolio of short duration money market and debt inruments Riskometer Low Moderately Moderately High Low Moderately Moderately High Low High Low High LOW Inveors underand at eir principal will be at high risk HIGH LOW HIGH Inveors underand at eir principal will be at low risk **For experience of Fund Managers refer page no. 13 *Inveors should consult eir financial advisers if ey are not clear about e suitability of e product. 3 Mirae Asset Global Invements

5 MIRAE ASSET INDIA OPPORTUNITIES FUND - (MAIOF) (An open ended equity oriented scheme) Monly Factsheet as on March 2016 Fund Managers NetAUM Regular Plan Direct Plan ( ` Cr.) Volatility 14.94% Beta 0.94 R Squared 0.95 Sharpe Ratio # 0.79 Information Ratio 2.41 Portfolio Turnover Ratio^ Fund Information Grow Option Grow Option Please refer la page for details. Dividend Hiory Mr. Neelesh Surana a n d M r. S u m i t Agrawal 4 April, 2008 S&P BSE 200 1, Net Asset Value (NAV): ` ` ` ` times Dividend Face Cum Record Date (`) Value (`) NAV (`) 09-Sep per Unit Dec per Unit Mar per Unit Mar per unit Jan per unit Feb per unit Mar per Unit Pa Performance may or may not suained in future. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MAIOF - Regular Plan - Absolute Return 120% 100% 80% 60% 40% 20% 0% -20% -40% -60% -33% -37% -39% Equity Shares 104% 84% 76% 22% 17% 15% HDFC Bank Ltd 7.51% Infosys Ltd 6.10% ICICI Bank Ltd 4.70% IndusInd Bank Ltd 3.82% Hinduan Petroleum Corporation Ltd 3.65% Reliance Induries Ltd 3.62% Sun Pharmaceuticals Induries Ltd 3.19% Maruti Suzuki India Ltd 2.84% ITC Ltd 2.76% Tata Consultancy Services Ltd 2.76% Oer Equities 57.24% Equity Holding Total 98.19% Cash & Oer Receivables 1.81% Fund Performance - 20% - 25% - 27% MAIOF S&P BSE 200 S&P BSE SENSEX 33% 31% 25% 8% 8% 3% Pa Performance may or may not be suained in future. * Since inception of e fund. Portfolio Top 10 holdings % Allocation Allocation - Top 10 Sectors^ 52% 35% 30% 4% - 2% - 5% -4% -3% -4% CY 2008* CY2009 CY 2010 CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 (YTD) Banks Software Cons. N-Durables Pharmaceuticals Petrol Products Auto Auto Ancillaries Finance Transportation Con Project Oer Sectors 6.57% 5.28% 4.22% 3.58% 3.13% 10.84% 9.08% 7.39% 7.37% 16.42% 24.31% 0% 10% 20% 30% ^Indurywise classification as recommended by AMFI Performance Report NAV (` per unit) MAIOF S&P BSE 200 S&P BSE Sensex** % -7.86% -9.36% % 31.93% 24.89% % 17.19% 18.85% % 6.99% 6.48% ,086 17,167 16,517 Index Value ( 31 March, 2016) Index Value of S&P BSE 200 is 3, and Index value of S&P BSE Sensex is 25, Date of allotment 4 April, 2008 Scheme Benchmark S&P BSE 200 SIP Performance SIP Invement Since Inception 5 Years 3 Years 1 Year Total Amount Inveed 95,000 60,000 36,000 12,000 Mkt Value as of 31 March, ,93,046 90,814 45,145 11,696 Fund Return (CAGR)*(%) 17.43% 16.60% 15.28% -4.66% Benchmark Return (CAGR)*(%) (S&P BSE 200) 9.58% 9.35% 7.28% -7.08% Add. Benchmark Return (CAGR)*(%) (S&P BSE Sensex) 8.39% 7.49% 4.10% -8.21% Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No.12 ~Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. *The SIP returns are calculated by XIRR approach assuming invement of `1000/- on e 1 working day of every mon. All e performances shown on is page are for MAIOF - Regular Plan - Grow Option 4 Mirae Asset Global Invements

6 MIRAE ASSET EMERGING BLUECHIP FUND - (MAEBF) (An open ended equity fund) Monly Factsheet as on March 2016 Fund Manager Fund Information Mr. Neelesh Surana 9 July, 2010 Nifty Mid100 Free NetAUM ( ` Cr.) 1, Regular Plan Direct Plan Volatility 16.13% Beta 0.81 R Squared 0.89 Sharpe Ratio # 1.46 Information Ratio 2.09 Portfolio Turnover Ratio^ Net Asset Value (NAV): Grow Option Grow Option Please refer la page for details. Dividend Hiory ` ` ` ` times Dividend Face Cum Record Date (`) Value (`) NAV (`) 29-Oct per Unit Mar per Unit Dec per Unit Jan per Unit Pa Performance may or may not suained infuture. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MAEBF - Regular Plan - Absolute Return 100% 80% 60% 40% 20% Fund Performance MAEBF NIFTY MIDCAP 100 S&P BSE SENSEX 84% 55% 46% 40% 25% 30% 13% 15% 14% 7% 8% 8% 6% 0% -20% - 6% - 5% -7% -3% -6% - 16% - 25% -40% - 31% CY 2010* CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 (YTD) Pa Performance may or may not be suained in future. * Since inception of e fund. Portfolio Top 10 holdings % Allocation Allocation - Top 10 Sectors^ Equity Shares Kotak Mahindra Bank Ltd 4.42% Banks 12.85% Hinduan Petroleum Corporation Ltd 3.65% Pharmaceuticals 11.24% Torrent Pharmaceuticals Ltd 3.44% The Federal Bank Ltd 3.04% Auto Ancillaries 9.38% ICICI Bank Ltd 2.99% Cons. N-Durables 7.70% Exide Induries Ltd 2.73% Finance 7.40% Voltas Ltd 2.67% Software 7.01% CEAT Ltd 2.58% Gateway Diriparks Ltd 2.58% Ind Products 6.61% Sundaram Finance Ltd 2.56% Transportation 5.06% Oer Equities 65.42% Petrol Products 4.73% Equity Holding Total 96.08% Chemicals 3.86% Mutual Fund Units Mirae Asset Cash Management Fund - Oer Sectors 20.24% Direct Grow 0.46% 0% 10% 20% 30% Mutual Fund Units Total 0.46% ^Indurywise classification as recommended by AMFI Cash & Oer Receivables 3.46% Performance Report NAV (` per unit) MAEBF Nifty Mid100 Free S&P BSE Sensex** % -1.91% -9.36% % 50.96% 24.89% % 16.36% 18.85% % 7.77% 6.32% ,770 15,363 14,210 Index Value ( 31 March, 2016) Index Value of Nifty Mid100 Free is 12,752.6 and Index value of S&P BSE Sensex is 25, Date of allotment 9 July, 2010 Scheme Benchmark Nifty Mid100 Free SIP Performance SIP Invement Since Inception 5 Years 3 Years 1 Year Total Amount Inveed 68,000 60,000 36,000 12,000 Mkt Value as of 31 March, ,37,569 1,15,653 53,834 11,831 Fund Return (CAGR)*(%) 24.92% 26.60% 27.98% -2.61% Benchmark Return(CAGR)*(%) (CNX Midcap) 12.97% 14.69% 16.59% -3.94% Add. Benchmark Return(CAGR)*(%) (S&P BSE Sensex) 6.98% 7.49% 4.10% -8.21% Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No. 12 ~Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. *The SIP returns are calculated by XIRR approach assuming invement of `1000/- on e 1 working day of every mon. All e performances shown on is page are for MAEBF - Regular Plan - Grow Option 5 Mirae Asset Global Invements

7 MIRAE ASSET PRUDENCE FUND - (MAPF) (An open ended equity oriented scheme) Monly Factsheet as on March 2016 Fund Managers Regular Plan Direct Plan Fund Information Grow Option Grow Option Mr. Neelesh Surana (Equity Portion) & Mr. Yadnesh Chavan (Debt Portion) 29 July, 2015 NetAUM ( ` Cr.) Net Asset Value (NAV): CRISIL Balanced Fund Index Quantitative Data: Debt Portion Weighted Average Maturity ` ` ` ` Years Modified Duration 4.23 Yield to Maturity Please refer la page for details. Invement Philosophy: The portfolio will comprise of Equity & Equity related inruments and Debt and Money market inruments. The portfolio will be mix of Equity for grow and Debt for ability, e asset allocation between Equity and Debt will be function of Valuation, Earnings Grow and Intere Rate Outlook. The portfolio will be a large cap biased. We will follow bottom-up Stock selection process and ere will be no bias towards any sector/emes. Invement Strategy For e equity portion We will inve in larger companies which may provide ability to e fund Diversified portfolio of rong grow companies at reasonable price May not have bias towards any eme or yle For e debt portion Portfolio will be actively managed Top down approach for taking intere rate view and sector allocation view Bottom up approach for security/inrument selection Majorly to inve in Certificate of Deposits, Commercial Papers, Corporate and Government Securities of varying maturities Portfolio Top 10 holdings Equity Shares (Domeic & International Equities) HDFC Bank Ltd 6.77% Infosys Ltd 5.96% Reliance Induries Ltd 3.95% Hinduan Petroleum Corporation Ltd 3.90% ICICI Bank Ltd 3.78% Tata Motors Ltd 2.91% IndusInd Bank Ltd 2.88% Kotak Mahindra Bank Ltd 2.78% Hinduan Unilever Ltd 2.77% Maruti Suzuki India Ltd 2.70% Oer Equities 33.96% Total Equity Allocation 72.36% Government Bond 7.72% GOI (25/05/2025) 10.44% 8.40% GOI (28/07/2024) 2.70% 7.68% GOI (15/12/2023) 2.61% Government Bond Total 15.75% Certificate of Deposit Oriental Bank of Commerce (16/05/2016) 2.58% Canara Bank (02/09/2016) 1.16% Corporation Bank (02/09/2016) 1.06% ICICI Bank Ltd (17/06/2016) 0.77% State Bank of Hyderabad (14/09/2016) 0.49% Certificate of Deposit Total 6.06% Corporate Bond % Allocation 8.40% Power Grid Corp STRP B (27/05/2020) 2.63% 8.61% LIC Hous Fin Ltd (11/12/19)P 11/12/ % Corporate Bond Total 5.24% Total Debt Holdings 27.05% Cash & Oer Receivables 0.59% Overall Asset Allocation 27.05% 0.59% Allocation - Top 10 Sectors^ Banks 19.39% Cons. N-Durables 8.19% Software 8.01% Petrol Products 7.85% Pharmaceuticals 5.89% Auto 5.61% Transportation 3.31% Auto Ancillaries 2.74% Media & Ent. 2.16% Cement 1.85% Oer Sectors 7.36% 0% 10% 20% 30% ^Indurywise classification as recommended by AMFI 72.36% Equity Holdings Debt Holdings Cash & Oer Receivables 6 Mirae Asset Global Invements

8 MIRAE ASSET TAX SAVER FUND - (MATSF) (An open ended equity linked saving scheme wi a 3 year lock-in period) Monly Factsheet as on March 2016 Fund Managers NetAUM ( ` Cr.) Regular Plan Direct Plan Fund Information Grow Option Grow Option Mr. Neelesh Surana (Equity Portion) & Mr. Yadnesh Chavan (Debt Portion) 28 December, 2015 S&P BSE 200 Net Asset Value (NAV): Invement Philosophy: ` ` ` ` The invement objective of e scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related inruments. The Scheme does not guarantee or assure any returns. Portfolio Top 10 holdings % Allocation Equity Shares HDFC Bank Ltd 8.38% Infosys Ltd 5.46% ICICI Bank Ltd 5.20% Kotak Mahindra Bank Ltd 4.57% Tata Motors Ltd 3.58% Hinduan Petroleum Corporation Ltd 3.27% Tata Consultancy Services Ltd 3.21% IndusInd Bank Ltd 3.13% Reliance Induries Ltd 3.04% Torrent Pharmaceuticals Ltd 2.70% Oer Equities 47.72% Equity Holding Total 90.26% Cash & Oer Receivables 9.74% Allocation - Top 10 Sectors^ Banks 25.18% Software 11.50% Pharmaceuticals 8.28% Petrol Products 6.96% Auto 6.66% Auto Ancillaries 5.68% Cons. N-Durables 5.50% Finance 4.25% Transportation 3.90% Media & Ent. 2.83% Oer Sectors 9.52% 0% 10% 20% 30% ^Indurywise classification as recommended by AMFI Invement Strategy Diversified portfolio of rong grow companies at reasonable price. No bias towards any eme or yle. Portfolio will comprise of companies: Having robu busines models Enjoying suainable competitive advantage Having high return ratios 7 Mirae Asset Global Invements

9 MIRAE ASSET GREAT CONSUMER FUND - (MAGCF)^ (An open ended equity oriented scheme) Monly Factsheet as on March 2016 Fund Managers NetAUM ( ` Cr.) Regular Plan Direct Plan Fund Information Mr. Neelesh Surana, Mr. Sumit Agrawal and Ms. Bharti Sawant 29 March, 2011 S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index Net Asset Value (NAV): Ratios Grow Option Grow Option ` ` ` ` Volatility 13.46% Beta 0.90 R Squared 0.71 Sharpe Ratio# 0.68 Portfolio Turnover Please refer la page for (Annualised) Dividend Hiory 0.79 Times Dividend Face Cum Record Date (`) Value (`) NAV (`) 11-Dec per Unit Mar per Unit Mar per Unit Jan per Unit Pa Performance may or may not suained infuture. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MAGCF - Regular Plan - Invement Philosophy: The fund gives inveors a chance to inve in two of e world s fae growing countries in one go, wi India portion being more an 65% of e total portfolio. The fund inves in sectors which may benefit directly or indirectly from consumption led demand in India and across Asia Pacific region. The invement is focused on businesses which have suainable competitive advantages as is reflected in e return on invement, grow profile, etc. Portfolio Top 10 holdings Equity Shares (Domeic & International Equities) HDFC Bank Ltd 7.67% ICICI Bank Ltd 4.77% ITC Ltd 4.16% Maruti Suzuki India Ltd 4.02% Hinduan Unilever Ltd 3.82% Kotak Mahindra Bank Ltd 3.66% Hinduan Petroleum Corporation Ltd 3.55% Dabur India Ltd 3.46% IndusInd Bank Ltd 3.46% Zee Entertainment Enterprises Ltd 2.90% Oer Equities 32.69% Equity Holding Total 74.16% International Mutual Fund Mirae Asset Asia Great Consumer Eq Class X Cap USD 25.22% International Mutual Fund Total 25.22% Cash & Oer Receivables 0.62% 6.5% 7.1% 7.9% 6.0% 5.0% 4.0% 0.5% 21.7% 41.4% China India Korea Indonesia Thailand Hong Kong Taiwan Cash % Allocation Mirae Asset Asia Great Consumer Equity Fund - Country Allocation NAV at e end of e period ( ` per unit) Performance Report Philippines Cons. N-Durables Banks Auto Auto Ancillaries Petrol Products Transportation Media & Ent. Con Project Finance Software Oer Sectors 4.02% 3.91% 3.55% 3.01% 2.90% 2.45% 2.32% 1.75% 5.46% 22.45% 22.34% 0% 10% 20% 30% % -7.15% -9.36% % 28.25% 24.89% % 23.86% 18.85% % 13.77% 5.78% ,459 19,087 13,254 Index Value ( 31 March, 2016 ) Index Value of benchmark is and Index value of S&P BSE Sensex is 25, Date of allotment 29 March, 2011 Scheme Benchmark # S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No. 12 ~ Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. All e performances shown on is page are for MAGCF - Regular Plan - Grow Option Allocation - Top Holdings Domeic Equities Sectoral Allocation^ (Top 10 holdings) ^Indurywise classification as recommended by AMFI Scheme Benchmark # S&P BSE Sensex** ^Po e fundamental attribute change of Mirae Asset India China Consumption Fund (MAICCF) and merger of Mirae Asset Global Commodity Stocks Fund wi MAICCF, e resultant fund has been renamed as MiraeAsset Great Consumer Fund. MAGCF 25.22% Equity Holdings Fund Allocation 0.62% 74.16% Cash & Oer Receivables International Mutual Fund 8 Mirae Asset Global Invements

10 MIRAE ASSET CHINA ADVANTAGE FUND - (MACAF) (An open ended fund of fund scheme) Monly Factsheet as on March 2016 Fund Manager Fund Information NetAUM ( ` Cr.) Regular Plan Direct Plan Grow Option Grow Option Ms. Bharti Sawant 05 November, 2009 Net Asset Value Ratios (Annualised) MSCI China (in INR Terms) ` ` ` ` Volatility 21.65% Beta 0.93 R Squared 0.88 Sharpe Ratio# Please refer la page for details. Invement Philosophy: The Fund inves in an underlying fund, which inves in equities of sector leading companies domiciled in, or exercising a large portion, of eir economic activity in China and Hong Kong. The fund gives inveors an opportunity to inve in China companies wi high invement potential. The emphasis on market leaders gives e fund a bias towards large/mid-cap names. Fund is positioned to take advantages of e grow opportunities related to e secular and ructural changes in China. Portfolio Top 10 holdings Mutual Fund Units & ETF % Allocation Mirae Asset China Sector Leader Equity Fund 98.46% Total Alocation to International Mutual Fund Units 98.46% Cash & Oer Receivables 1.54% Equity Share holding of e underlying fund As on 29 February, 2016 Ping An Insurance 9.60% Tencent 9.20% Alibaba Group Holding Ltd. Sponsored ADR 6.10% Xinyi Solar Holdings Ltd. 5.80% Ctrip.com Intertional Ltd Sponsored ADR 5.50% Great Wall Motor Co., Ltd. 4.60% Kweichow Moutai Co., Ltd. Class A 4.00% China Resources Gas Group Limited 4.00% AIA Group 3.60% Sands China 3.50% Oers 44.10% The underlying Fund Holdings are given wi a 1 mon lag as per e internal portfolio holding release guidelines for SICAV Funds Sectors Allocation (Underlying Fund) IT 22.40% Financial 20.50% Cons. Discretionery 18.10% Healcare 14.30% Consumer Staples 7.20% Indurials 7.00% Utilities 6.80% Energy 1.70% Cash 1.90% 0% 5% 10% 15% 20% 25% ^Indurywise classification as recommended by GICS. Market Capitalization Allocation (Figures in USD Billion) Large Cap: (USD > 10Bln) 49.10% Mid Cap: (USD 2-10Bln) 39.20% Small Cap: (USD < 2Bln) 9.90% Cash 1.90% NAV at e end of e period ( ` per unit) Performance Report MACAF MSCI China(INR) S&P BSE Sensex** % % -9.36% % 25.36% 24.89% % 8.84% 18.85% % 3.67% 7.38% ,028 12,597 15,776 Index Value ( 31 March, 2016) Index value for benchmark is and Index value of S&P BSE Sensex is 25, Date of allotment 05 November, 2009 Scheme Benchmark MSCI China(INR) Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No. 12 ~ Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. All e performances shown on is page are for MACAF - Regular Plan - Grow Option 9 Mirae Asset Global Invements

11 MIRAE ASSET CASH MANAGEMENT FUND - (MACMF)^ (An open ended liquid scheme) CRISIL AAAmfs Rated ~ Monly Factsheet as on March 2016 Fund Manager Fund Information NetAUM ( ` Cr.) Regular Plan Direct Plan Grow Option Grow Option Mr. Yadnesh Chavan 12 January, 2009 Net Asset Value (NAV): Weighted Average Maturity Modified Duration Quantitative Data Crisil Liquid Fund Index ` ` Days 0.09 Years Yield to Maturity Please refer la page for details. Dividend Hiory Dividend Face Cum Record Date (`) Value (`) NAV ( `) 25-Jan Per Unit , Feb Per Unit , Mar Per Unit , Pa Performance may or may not suained infuture. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MACMF - Regular Plan - Portfolio Top holdings Top 10 holdings % Allocation Rating Profile Certificate of Deposit State Bank of Bikaner & Jaipur (06/05/2016)12.49% Corporation Bank (29/04/2016) 10.17% 3.70% Axis Bank Ltd (09/05/2016) 10.15% Bank of Maharashtra (03/05/2016) 9.66% Vijaya Bank (29/04/2016) 9.15% Oriental Bank of Commerce (02/05/2016) 9.15% Punjab & Sind Bank (29/04/2016) 9.15% IDBI Bank Ltd (10/05/2016) 5.08% ICICI Bank Ltd (13/05/2016) 5.07% Vijaya Bank (06/05/2016) 3.05% 96.30% Oriental Bank of Commerce (06/05/2016) 3.05% Certificate of Deposit Total 86.17% Commercial Paper A1+ Cash & Oer Receivables Reliance Capital Ltd (13/05/2016) 10.13% Commercial Paper Total 10.13% CBLO / Repo 3.74% Net Receivables / (Payables) -0.04% Allocation Cash & Oer Receivables Total 3.70% 3.70% 10.13% Invement Strategy The fund is positioned at e low end of e risk return scale Product offering wi minimal intere rate risk Maintaining High Liquidity: Since e underlying invements will be in Bank CDs, Overnight inruments / CBLO and oer debt inruments linked to short end rates, e fund manager can redeem inruments at a short notice The fund will try to maintain average maturity of around days. *This scheme is not an assured returns scheme % Certificate of Deposits Commercial Paper Cash & Oer Receivables NAV at e end of e period ( ` per unit) Performance Report MACMF CRISIL Liquid Fund Index Crisil 1 Year T-Bill** La 7 Days till 31 March % 0.28% 0.14% La 15 Days till 31 March % 0.45% 0.28% La 30 Days till 31 March % 0.78% 0.54% % 8.06% 7.69% % 8.98% 8.74% % 9.46% 5.77% Since Inception(CAGR)- 31 March % 7.58% 6.11% ,899 16,947 15,347 Index Value ( 31 March, 2016) Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment 12 January, 2009 Scheme Benchmark CRISIL Liquid Fund Index Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` (%) for less an 1 year calculated on simple annualized basis. The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No. 13. **AdditionalAlternate Benchmark.* Value of Invement of `10,000/- inveed in e Scheme. All e performances shown on is page are for MACMF - Regular Plan - Grow Option ^MiraeAsset Short Term Bond Fund was merged wi MiraeAsset Cash Management Fund wi effect from 4 March, Mirae Asset Global Invements

12 MIRAE ASSET ULTRA SHORT TERM BOND FUND - (MAUSTBF) (An open ended debt scheme) Monly Factsheet as on March 2016 Fund Manager Fund Information NetAUM ( ` Cr.) Savings Plan Direct Plan Grow Option Grow Option Mr. Yadnesh Chavan 5 March, 2008 Net Asset Value (NAV): Weighted Average Maturity Modified Duration Quantitative Data Crisil Liquid Fund Index ` ` Days 0.25 Years Yield to Maturity Please refer la page for details. Dividend Hiory Dividend Face Cum Record Date (`) Value (`) NAV (`) 25-Jan per unit , Feb per unit , Mar per unit , Pa Performance may or may not suained infuture. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MAUSTBF - Regular Plan - Invement Strategy MAUSTBF is positioned between liquid funds and short-term plans wi respect to e risk-return matrix. In terms of credit quality, e fund aims to primarily inve in a mix of highe rated inruments(i.e A1+ for money market inruments, AAA for corporate bonds category) The fund will try to position itself in e high quality and medium / low intere rate sensitive debt securities. The fund will try to maintain average maturity of around days. Portfolio Top holdings Top 10 holdings Certificate of Deposit State Bank of Hyderabad (14/09/2016) 9.73% Bank of India (09/06/2016) 5.50% Andhra Bank (09/08/2016) 5.43% IDBI Bank Ltd (16/08/2016) 5.42% Axis Bank Ltd (27/10/2016) 5.34% ICICI Bank Ltd (17/06/2016) 3.84% Corporation Bank (02/09/2016) 3.13% State Bank of Bikaner & Jaipur (06/05/2016) 2.99% Canara Bank (02/09/2016) 2.92% Vijaya Bank (06/05/2016) 2.21% Oriental Bank of Commerce (06/05/2016) 2.21% Vijaya Bank (29/04/2016) 1.11% Oriental Bank of Commerce (02/05/2016) 1.11% Punjab & Sind Bank (29/04/2016) 1.11% Bank of Maharashtra (03/05/2016) 0.55% Certificate of Deposit - Total 52.60% Corporate Bond % Allocation 9.25% Power Grid Corp STRP B (26/12/2016) 5.62% 9.62% Power Fin Corp Ltd (29/06/2016) 5.59% 9.30% LIC Housg Fin Ltd (14/10/2016) P % 9.60% HDFC Ltd (07/04/2016) 5.57% Corporate Bond Total 22.36% CBLO / Repo 23.13% Net Receivables / (Payables) 1.91% Cash & Oer Receivables Total 25.04% 22.36% 25.04% Rating Profile A1+ Cash & Oer Receivables AAA 22.36% 25.04% Certificate of Deposits Allocation Corporate Bond 52.60% 52.60% Cash & Oer Receivables Performance Report NAV at e end of e period Crisil Liquid ( ` per unit) MAUSTBF Fund Index Crisil 1 Year T-Bill** % 8.06% 7.69% % 8.98% 8.74% % 9.54% 5.84% % 7.73% 6.45% ,252 18,249 16,561 Index Value ( 31 March, 2016) Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment 05 March, 2008 Scheme Benchmark CRISIL Liquid Fund Index Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` (%) for less an 1 year calculated on simple annualized basis. The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No. 13. **AdditionalAlternate Benchmark.* Value of Invement of `10,000/- inveed in e Scheme. All e performances shown on is page are for MAUSTBF - Savings Plan - Grow Option 11 Mirae Asset Global Invements

13 FUND PERFORMANCE For all Equity Funds Monly Factsheet as on March 2016 Performance of funds managed by Gopal Agrawal, Neelesh Surana, Sumit Agrawal & Bharti Sawant (Overseas Invements) Mirae Asset India Opportunities Fund (MAIOF) - Fund Manager - Neelesh Surana & Sumit Agrawal NAV (` per unit) MAIOF S&P BSE 200 S&P BSE Sensex** % -7.86% -9.36% % 31.93% 24.89% % 17.19% 18.85% % 6.99% 6.48% ,086 17,167 16,517 Index Value ( 31 March, 2016) Index Value of S&P BSE 200 is 3, and Index value of S&P BSE Sensex is 25, Date of allotment 4 April, 2008 Scheme Benchmark S&P BSE 200 Index Value ( 31 March, 2016) Mirae Asset Emerging Bluechip Fund (MAEBF) - Fund Manager - Neelesh Surana Date of allotment 9 July, 2010 Scheme Benchmark Nifty Mid100 Free NAV (` per unit) MAEBF Nifty Mid100 Free S&P BSE Sensex** % -1.91% -9.36% % 50.96% 24.89% % 16.36% 18.85% % 7.77% 6.32% ,770 15,363 14,210 Index Value of Nifty Mid100 Free is 12,752.6 and Index value of S&P BSE Sensex is 25, Mirae Asset Great Consumer Fund (MAGCF) - Fund Manager - Neelesh Surana, Sumit Agrawal & Bharti Sawant (Overseas Invements) NAV at e end of e period ( ` per unit) Mirae Asset China Advantage Fund (MACAF) - Fund Manager - Bharti Sawant NAV at e end of e period ( ` per unit) MAGCF Scheme Benchmark # S&P BSE Sensex** % -7.15% -9.36% % 28.25% 24.89% % 23.86% 18.85% % 13.77% 5.78% ,459 19,087 13,254 Index Value ( 31 March, 2016 ) Index Value of benchmark is and Index value of S&P BSE Sensex is 25, Date of allotment 29 March, 2011 Scheme Benchmark # S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index MACAF Scheme Benchmark # S&P BSE Sensex** % % -9.36% % 25.36% 24.89% % 8.84% 18.85% % 3.67% 7.38% ,028 12,597 15,776 Index Value (31 March, 2016) Index value for benchmark is and Index value of S&P BSE Sensex is 25, Date of allotment 05 November, 2009 Scheme Benchmark # MSCI China(INR) Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` In case, e art / end date of e concerned period is a non-business date (NBD), e NAV of e previous date is considered for computation of returns. Load is not considered for computation of return. The calculations of returns shall assume reinvement of all payouts at e en prevailing NAV. provided are for Regular Plan-Grow Option. Return(%) for less an 1 year are calculated on simple annualized basis. CAGR - Compounded Annualised Grow returns. *As per SEBI andard on performance disclosure, returns in INR terms based on a andard invement of `10,000/- have been shown only for Schemes at have been in exience for more an ree years. NAV (per unit) is at e end of e period. **Alternate Scheme - Benchmark. SIP Invement Amount per Mon = `1,000/-. SIP Valuation Date = 31 March, The returns are calculated by XIRR approach assuming invement of `1000/- on e 1 working day of every mon S&P Disclaimer: S&P BSE 200 (65%) & S&PAsia Pacific Emerging BMI (35%) Index (e Index ) are e exclusive property of S&P Opco. LLC, a subsidiary of S&P Dow Jones Indices LLC ( S&P Dow Jones Indices ) and / or its affiliates. MiraeAsset Global Invements (India) Pvt. Ltd. has contracted wi S&P Down Jones Indices to calculate and maintain e Index. Neier S&P Dow Jones Indices nor any of its affiliates shall be liable to MiraeAsset Global Invements (India) Pvt. Ltd. for any loss or damage, direct, indirect or consequential, arising from (i) any inaccuracy or incompleteness in, or delays, interruptions, errors or omission in e delivery of, e Index or any data related ereto or (ii) any decision made or action taken by Mirae Asset Global Invements (India) Pvt Ltd in reliance upon such Index and / or data. Neier S&P Dow Jones Indices nor its affiliates shall be liable to Mirae Asset Global Invements (India) Pvt. Ltd. for loss of business revenues, lo profits or any punitive, indirect, consequential, special or similar damages whatsoever, wheer in contract, tort or oerwise, even if advised of e possibility of such damages. MiraeAsset Global Invements (India) Pvt. Ltd. expressly acknowledges at S&P Dow Jones Indices and its affiliates do not make any warranties, express or implied, wi respect to e Index and / or its related data, including, wiout limitation, (i) any warranties wi respect to e timeliness, sequence, accuracy, completeness currentness, merchantability, quality or fitness for a particular purpose of such Index and / or data or (ii) any warranties as to e results to be obtained by e MiraeAsset Global Invements (India) Pvt. Ltd. or any oer person or entity in connection wi use of such Index and / or data. 12 Mirae Asset Global Invements

14 FUND PERFORMANCE For all Debt Funds Monly Factsheet as on March 2016 Performance of funds managed by Mr. Yadnesh Chavan Mirae Asset Cash Management Fund (MACMF) NAV at e end of e period ( ` per unit) MACMF Crisil Liquid Fund Index Crisil 1 Year T-Bill** La 7 Days till 31 March % 0.28% 0.14% La 15 Days till 31 March % 0.45% 0.28% La 30 Days till 31 March % 0.78% 0.54% % 8.06% 7.69% % 8.98% 8.74% % 9.54% 5.84% Since Inception(CAGR)- 31 March % 7.58% 6.11% ,899 16,947 15,347 Index Value (31 March, 2016) Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment 12 January, 2009 Scheme Benchmark CRISIL Liquid Fund Index Mirae Asset Ultra Short Term Bond Fund (MAUSTBF) NAV at e end of e period ( ` per unit) MAUSTBF CRISIL Liquid Fund Index Crisil 1 Year T-Bill** % 8.06% 7.69% % 8.98% 8.74% % 9.54% 5.84% % 7.73% 6.45% ,252 18,249 16,561 Index Value ( 31 March, 2016) Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment 05 March, 2008 Scheme Benchmark CRISIL Liquid Fund Index Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` for MACMF & MAUSTBF. In case, e art / end date of e concerned period is a non-business date (NBD), e NAV of e previous date is considered for computation of returns. (%) for less an 1 year calculated on simple annualized basis. The calculations of returns shall assume reinvement of all payouts at e en prevailing NAV. CAGR - CompoundedAnnualised Grow returns. *As per SEBI andard on performance disclosure, returns in INR terms based on a andard invement of `10,000/- have been shown only for Schemes at have been in exience for more an ree years. NAV (per unit) is at e end of e period. **Alternate Scheme - Benchmark. For MAUSTBF e returns are for Savings Plan - Grow Option for MACMF, provided are for Regular Plan-Grow Option. Fund Manager Experiences** GopalAgrawal has over 14 years of experience in Fund Management Neelesh Surana has over 18 years of experience in Financial Services including Fund Management. Yadnesh Chavan has over 9 years of experience in Invement Indury. SumitAgrawal has over 10 years of experience in invement analysis and research including fund management. Bharti Sawant has 6 years of experience in Equity ResearchAnalysis 13 Mirae Asset Global Invements

15 DISCLAIMERS For Equity Funds: Current Expense Ratio for Grow Option (#) (Effective Date 01 October, 2012) Regular Plan: On e fir 100 crores daily net assets 2.50% On e next 300 crores daily net assets 2.25% On e next 300 crores daily net assets 2.00% On e balance of e net assets 1.75% In addition to e above a charge of 20 bps on e daily net assets; Plus, a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged Excluding service tax on Invement Management Fee. For Direct Plans (Effective Date 01 January, 2013)#: The above expense ratio will also be applicable for Direct Plans except at e Direct Plan shall have a lower expense ratio excluding diribution expenses, commission, etc. and no commission for diribution of Units will be paid / charged under Direct Plan. (#) Any change in e expense ratio will be updated on AMC Website. For Liquid / Debt Funds: Current Expense Ratio for Grow Option (#) (Effective Date 01 October, 2012) Regular / Initutional Plan On e fir 100 crores daily net assets 2.25% On e next 300 crores daily net assets 2.00% On e next 300 crores daily net assets 1.75% On e balance of e net assets 1.50% In addition to e above a charge of 20 bps on e daily net assets; Plus, a proportionate charge in respect ales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged Excluding service tax on Invement Management Fee. For Direct Plans (Effective Date 01 January, 2013)#: The above expense ratio will also be applicable for Direct Plans except at e Direct Plan shall have a lower expense ratio excluding diribution expenses, commission, etc. and no commission for diribution of Units will be paid / charged under Direct Plan. (#) Any change in e expense ratio will be updated on AMC Website. For Fund of Funds: Current Expense Ratio for Grow Option (#) (Effective Date 1 October, 2012 is 2.50%) In addition to e above a charge of 20 bps on e daily net assets; Plus, a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged *Excluding Service Tax on Invement Management Fees, if any. ** includes expenses charged by e underlying fund as well. For Direct Plans (Effective Date 01 January, 2013)#: The above expense ratio will also be applicable for Direct Plans except at e Direct Plan shall have a lower expense ratio excluding diribution expenses, commission, etc. and no commission for diribution of Units will be paid / charged under Direct Plan. **The inveors, in addition to e above recurring expense shall also bear e recurring expense of e underlying scheme. However e total recurring expenses (including e recurring expense of e underlying scheme) will not exceed 2.7% p.a. (#) Any change in e expense ratio will be updated on AMC Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from la ree years Monly data points. # Risk free rate: FBILOVERNIGHT MIBOR as on 31 Mar ^Basis la rolling 12 mon. Dividend is gross dividend. As per current Income Tax Rules, for financial year dividend under equity scheme is tax free in e hands of inveors, whereas for Dividend under Debt schemes applicable dividend diribution tax, if any, needs to be adjued by e AMC. The fiscal rules / tax laws are subject to change. For furer details, please refer to e section titled Taxation in e Statement of Additional Information of Mirae Asset Mutual Fund. In view of e individual nature of tax consequences, each inveor is advised to consult his / her professional tax advisor. For complete dividend hiory details please refer to our website Statutory Details: Sponsor: MiraeAsset Global Invements Company Limited. Truee: MiraeAsset Truee Company Private Limited; Invement Manager: MiraeAsset Global Invements (India) Private Limited. Mirae Asset India Opportunities Fund (MAIOF) Inruments Indian Equities and Equity Related Securities* Money market inruments/debt securities Inruments** (Including upto 25% of corpus in securitized debt) Mirae Asset Emerging Bluechip Fund (MAEBF) Inruments Indian Equities and Equity Related Securities* of companies, which are not part of e top 100 ocks by market capitalization and have market capitalization of atlea Rs.100 Crores at e time of invement Oer Indian Equities and Equity Related Securities.* Money market inruments (including CBLO)/debt securities Inruments** (Including upto 20% of corpus in securitized debt) Mirae Asset Prudence Fund (MAPF) Inruments EquityandEquityRelated Inruments* Companies which are among e top 100 companies by market capitalization at e time of invement Companies which are not among e top 100 companies by market capitalization at e time of invement Debt & Money Market Inruments Mirae Asset Great Consumer Fund (MAGCF) Inruments Indian Equities and Equity Related Securities of companies at are likely to benefit eier directly or indirectly from consumption led demand.* Units of Mirae Asset Asia Great Consumer Equity Fund (e underlying fund), and/or in oer mutual funds having similar objectives, rategies and attributes of e said underlying fund as well as equities and equity related securities of companies in Asia pacific region which are expected to benefit from growing consumption activities. Money market inruments / debt securities Inruments and/or units of debt/liquid schemes of domeic Mutual Funds. Indicative allocations (% of total assets) Minimum Maximum Asset Allocation Risk Profile 65% 100% High 0% 35% Low to Medium Indicative allocations (% of total assets) Minimum Maximum Risk Profile 65% 100% High 0% 35% Low 0% 35% Low to Medium Indicative allocations (% of total assets) Minimum Maximum Risk Profile 65% 80% High 65% 80% 0% 15% 20% 35% Medium Indicative allocations (% of total assets) Minimum Maximum Risk Profile 65% 80% High 20% 35% High 0% 15% Low to Medium Mirae Asset China Advantage Fund (MACAF) Inruments Units of Mirae Asset China Sector Leader Equity Fund and/or units of oer mutual fund schemes, units of ETFs inveing in equities and equity related securities of companies domiciled in or having eir area of primary activity in China and Hong Kong* Money market inruments/debt securities Inruments** and/or units of debt/liquid schemes of domeic Mutual Funds. Mirae Asset Ultra Short Term Bond Fund (MAUSTBF) Inruments "Money Market Inruments and debt inruments wiresidual maturity and repricing tenor not exceeding1 year." Debt Inruments wi residual maturity and repricingtenor exceeding 1 year* (including Securitized Debt upto 50% of net assets)." Mirae Asset Cash Management Fund (MACMF) Inruments "Money Market Inruments (including Cash, Reverse Repo,CBLO) MIBOR & MIBOR linked inruments." Debt Inruments wi residual maturity upto 91 days only Mirae Asset Tax Saver Fund - (MATSF) Inruments Equity and Equity Related Inruments* Debt Inruments, Money Market Inruments, G-Secs, Cash, CBLO, Reverse Repo etc. Indicative allocations (% of total assets) Minimum Maximum Risk Profile 80% 100% High 0% 20% Low to Medium Indicative allocations (% of total assets) Minimum Maximum Risk Profile 50% 100% Low 0% 50% Low to Medium Indicative allocations (% of total assets) Minimum Maximum Risk Profile 20% 100% Low 0% 80% Medium Indicative allocations (% of total assets) Minimum Maximum Risk Profile 80% 100% High 0% 20% Low to Medium Transparency: The NAVs of all e above funds will be calculated at e close of every working day and shall be published in two daily newspapers and on e AMC / AMFI website. ~ Crisil Disclaimer: ACrisil credit quality rating on a bond fund reflects Crisil s current opinion on e degree of protection offered by e rated inrument from losses related to credit defaults. It does not conitute an audit by Crisil of e fund house, e scheme, or companies in e scheme s portfolio. Crisil ratings are based on information provided by e issuer or obtained by Crisil from sources it considers reliable. Crisil does not guarantee e completeness or accuracy of e information on which e rating is based. A Crisil rating is not a recommendation to buy, sell or hold e rated scheme. It does not comment on e market price or suitability for a particular inveor. All Crisil ratings are under surveillance. The assigned rating CrisilAAAmfs is valid only for MiraeAsset Cash Management Fund. The rating of Crisil is not an opinion on easset Management Company s willingness or ability to make timely payments to e inveor. The rating is also not an opinion on e ability of e NAV of e Fund, which could vary wi market developments. Crisil reserves e right to suspend, widraw or revise its rating at any time, on e basis of any new information or unavailability of information or any oer circumances, which Crisilbelieves may have an impact on e rating. Mutual Fund invements are subject to market risks, read all scheme related documents carefully (Mon to Fri am to 5.30 pm) Unit No. 606, 6 Floor, Windsor Building, Off C.S.T. Road, Kalina, Santacruz (Ea) - Mumbai Mirae Asset Global Invements

16 *Fund Inception Date: 4 April 2008