InveSTAR. Fact Sheet. April Trademark used under licence from respective owners.

Transcription

1 InveSTAR April 2018 Fact Sheet

2 MONTHLY REPORT APRIL 2018 From the Desk of Chief Investment Officer OVERVIEW OF MARKET Markets started the year with a positive bias as Nifty gained ~6% with corporate earnings coming largely in line, IMD forecasting a normal monsoon and global sentiment relatively stable. Crude prices firmed up ~6% during the month to $73.2 as OPEC hinted that they may extend their output cut. Further, IT, FMCG and Pharma Goods sectors outperformed while Telecom, Banks and Energy underperformed the Nifty for the month. FIIs sold approximately Rs 5,368 cr, while domestic mutual funds bought around Rs 9,641 cr of equity during the month. The Index of Industrial Production was reported at 7.1% in February compared to 7.5% in January. CPI inflation cooled to 4.3% in March against 4.4% in February. WPI inflation was unchanged month on month at 2.5% in March. The Bond yield rose during the month of April The benchmark 10 year G-Sec (7.17% GOI 2028) closed at 37bp higher at 7.77% against 7.40% last month. FUND PERFORMANCE During the month of April 2018, majority of our Equity and Growth Funds outperfomed their respective benchmarks. For 3 years period ending April 2018, majority of Equity and Growth funds delivered annualised returns of around 8-10%. Balanced and Bond funds delivered about 6-8% annualized returns for the said period. Fund wise performance is detailed in the following sheets. FIXED INCOME MARKET OUTLOOK Amid positive domestic market fundamentals (represented by near term favorable demand supply balance, comfortable system liquidity, lower headline inflation print and dovish tone by RBI) and uncertain global environment (represented by tariff retaliation, geo-political tension, rise in global yield and sudden spike in crude price) domestic fixed income market witnessed unprecedented volatility in the new fiscal. In the first month, 10-year benchmark yield touched a low and high of 7.12 % and 7.78% respectively. Depreciating domestic currency, lower than expected hike in the foreign portfolio investment limit (by 0.5% of the outstanding stock each year) and hawkish minutes of Monetary Policy Committee (MPC) adversely impacted market sentiment. In absence of any positive near-term trigger, 10-year G-sec yield are now seen in a band of %. Medium term rate path will be contingent upon upcoming inflation trajectory, Government s revenue collections, global yield movement and appetite of various investors. EQUITY MARKET OUTLOOK We started the financial year with a positive outlook on consumption, auto sectors (both supported by government spending) and IT sector (drawing from currency depreciation) - which seems to be reflecting in earnings and stock prices so far. Earnings trend seem to be suggesting a pick-up in rural demand also. Further, the banks balance sheet repair looks to be headed in the right direction. Equity markets had a good run in April, on expectations of decent earnings, despite higher yields, INR weakness and higher oil prices. We expect the positive equity market trend to continue in the near-term on back of earnings momentum, contingent upon election outcomes, normalcy of monsoons and continued domestic inflows. Trademark used under license from respective owners.

3 InveSTAR Performance Summary as on April Scheme Name SFIN Inception date AUM (Rs. Cr) (Rs.) 6 Month 1 Year 2 Year (A) 3 Year Since Inception (A) BM BM BM BM BM Apex Equity Fund 1 ULIF /01/10 SUD LA EQ1 142 Equity Fund 2 ULIF /02/09 SUD LI EQ1 142 Individual Pension Fund Apex Equity 3 ULIF /01/10 SUD PA EQ1 142 Individual Pension Fund Equity 4 ULIF /03/09 SUD PI EQ1 142 Apex Growth Fund 5 ULIF /01/10 SUD LA GR1 142 Growth Fund 6 ULIF /02/09 SUD LI GR1 142 Individual Pension Fund Apex Growth 7 ULIF /01/10 SUD PA GR1 142 Individual Pension Fund Growth 8 ULIF /03/09 SUD PI GR1 142 Apex Balanced Fund 9 ULIF /01/10 SUD LA BL1 142 Balanced Fund 10 ULIF /02/09 SUD LI BL1 142 Individual Pension Fund Apex Balanced 11 ULIF /01/10 SUD PA BL1 142 Individual Pension Fund Balanced 12 ULIF /03/09 SUD PI BL1 142 Express Balanced Fund 13 ULIF /04/11 SUD LX BL1 142 Apex Bond Fund 14 ULIF /01/10 SUD LA BN1 142 Bond Fund 15 ULIF /02/09 SUD LI BN1 142 Individual Pension Fund Apex Bond 16 ULIF /01/10 SUD PA BN1 142 Individual Pension Fund Bond 17 ULIF /03/09 SUD PI BN1 142 Discontinued Policies Fund 18 ULIF /06/11 SUD UL DP /01/ % 3.88% 15.83% 14.59% 17.21% 15.98% 9.92% 9.35% 9.96% 9.09% 25/02/ % 3.88% 14.40% 14.59% 16.57% 15.98% 9.48% 9.35% 16.10% 15.22% 20/01/ % 3.88% 16.76% 14.59% 17.37% 15.98% 9.59% 9.35% 9.90% 9.09% 31/03/ % 3.88% 14.53% 14.59% 16.20% 15.98% 8.98% 9.35% 14.19% 14.36% 20/01/ % 2.56% 11.60% 11.89% 14.54% 13.98% 9.36% 9.10% 9.75% 8.98% 25/02/ % 2.56% 11.01% 11.89% 13.23% 13.98% 8.40% 9.10% 14.72% 13.72% 20/01/ % 2.56% 11.62% 11.89% 14.00% 13.98% 8.73% 9.10% 9.36% 8.98% 31/03/ % 2.56% 11.27% 11.89% 12.68% 13.98% 7.87% 9.10% 12.08% 13.07% 20/01/ % 1.63% 9.28% 9.54% 12.17% 11.96% 8.79% 8.75% 9.30% 8.77% 18/02/ % 0.69% 6.59% 7.20% 8.28% 9.92% 6.58% 8.33% 10.00% 10.29% 20/01/ % 1.63% 9.62% 9.54% 11.85% 11.96% 8.44% 8.75% 8.97% 8.77% 31/03/ % 0.69% 6.93% 7.20% 9.25% 9.92% 7.35% 8.33% 9.85% 10.10% 29/04/ % 0.69% 6.85% 7.20% 8.86% 9.92% 7.26% 8.33% 8.77% 8.86% 20/01/ % 0.35% 3.70% 4.00% 6.33% 6.84% 6.88% 7.52% 7.67% 7.80% 25/02/ % 0.35% 3.62% 4.00% 5.80% 6.84% 6.52% 7.52% 7.27% 7.51% 20/01/ % 0.35% 3.34% 4.00% 6.17% 6.84% 6.72% 7.52% 7.39% 7.80% 31/03/ % 0.35% 3.43% 4.00% 5.60% 6.84% 6.31% 7.52% 7.17% 7.57% 03/06/ % 1.64% 4.83% 5.64% 5.76% 6.91% 6.45% 7.42% 7.30% 8.00% Bluechip Equity Fund ULIF /12/13 SUD LI EQ2 142 Growth Plus Fund ULIF /12/13 SUD LI GR2 142 Balanced Plus Fund ULIF /12/13 SUD LI BL2 142 Individual Life Income Fund ULIF /12/13 SUD LI BN2 142 Group Fund ULGF /03/15 SUD GN BN1 142 Total AUM 29/1/ /1/ /1/ /1/2014 6/10/ % 3.44% 0.73% 0.83% 0.54% 3.87% 2.56% 0.69% 0.14% 0.35% 12.60% 10.76% 5.53% 3.00% 3.83% 14.17% 11.89% 7.20% 4.16% 4.00% 15.02% 13.01% 8.30% 5.82% 6.37% 15.49% 13.98% 9.92% 6.84% 6.84% 9.08% 8.68% 6.87% 6.33% NA 9.27% 9.10% 8.33% 7.51% NA 13.07% 12.28% 10.04% 8.31% 6.75% 13.29% 12.84% 10.85% 8.99% 7.12%

4 Mapping of Funds and Products (Funds representing the underlying Products) Product Name (UIN) Dhan Suraksha Dhan Suraksha Premium Prabhat Tara Dhan Suraksha Express Dhruv Tara Product New Dhan Suraksha New Dhan Suraksha Premium New Prabhat Tara Dhan Suraksha 3 Dhan Suraksha Premium 3 Prabhat Tara 3 SUD Life Group Retirement Benefit Plan 142L003V01 142L004V01 142L008V01 142L028V01 142L010V01 142L018V01 142L019V01 142L020V01 142L024V01 142L025V01 142L026V01 142L021V01 142L041V01 142L042V01 142L049V01 New Dhruv Tara Dhan Wealth Builder Suraksha Plus Plan Fund Name (SFIN) EQUITY FUND Apex Equity Fund ULIF /01/10 SUD LA EQ1 142 Equity Fund ULIF /02/09 SUD LI EQ1 142 Individual Pension Fund Apex Equity ULIF /01/10 SUD PA EQ1 142 Individual Pension Fund Equity ULIF /03/09 SUD PI EQ1 142 Bluechip Equity Fund ULIF /12/13 SUD LI EQ2 142 GROWTH FUND Apex Growth Fund ULIF /01/10 SUD LA GR1 142 Growth Fund ULIF /02/09 SUD LI GR1 142 Individual Pension Fund Apex Growth ULIF /01/10 SUD PA GR1 142 Individual Pension Fund Growth ULIF /03/09 SUD PI GR1 142 Growth Plus Fund ULIF /12/13 SUD LI GR2 142 BALANCED FUND Apex Balanced Fund ULIF /01/10 SUD LA BL1 142 Balanced Fund ULIF /02/09 SUD LI BL1 142 Individual Pension Fund Apex Balanced ULIF /01/10 SUD PA BL1 142 Individual Pension Fund Balanced ULIF /03/09 SUD PI BL1 142 Express Balanced Fund ULIF /04/11 SUD LX BL1 142 Balance Plus Fund ULIF /12/13 SUD LI BL2 142 BOND FUND Apex Bond Fund ULIF /01/10 SUD LA BN1 142 Bond Fund ULIF /02/09 SUD LI BN1 142 Individual Pension Fund Apex Bond ULIF /01/10 SUD PA BN1 142 Individual Pension Fund Bond ULIF /03/09 SUD PI BN1 142 Income Fund ULIF /12/13 SUD LI BN2 142 GROUP UNIT LINKED FUND Group Fund 17 ULGF /03/15 SUD GN BN1 142 DISCONTINUED FUND 22 Discontinued Life Policies Fund ULIF /06/11 SUD UL DP1 142

5 InveSTAR Summary of number of Funds managed by Fund Managers alongwith details of Equity, Balanced and Sr. No. TYPE OF FUND NAME OF FUNDS MANAGER NO. OF FUNDS MANAGED NAME OF FUNDS AUM 1 Apex Equity Fund Equity Fund EQUITY FUND EQUTY Mr. RAHUL RANJAN 5 Individual Pension Fund Apex Equity Individual Pension Fund Equity Bluechip Equity Fund TOTAL Apex Growth Fund Growth Fund Individual Pension Fund Apex Growth EQUTY Mr. RAHUL RANJAN Individual Pension Fund Growth Growth Plus Fund GROWTH AND 11 DEBT Mr. RAM KAMAL 11 Apex Balanced Fund BALANCED FUND 12 SAMANTA / Mr. LAKSHMAN Balanced Fund CHETTIAR Individual Pension Fund Apex Balanced Individual Pension Fund Balanced Express Balanced Fund Balanced Plus Fund TOTAL 1, Apex Bond Fund Bond Fund DEBT Mr. RAM KAMAL Individual Pension Fund Apex Bond BOND FUND SAMANTA / Mr. LAKSHMAN 7 Individual Pension Fund Bond CHETTIAR Individual Life Income Fund Group Fund Discontinued Policies Fund TOTAL Total Funds 23 TOTAL AUM 2,739.99

6 APEX EQUITY FUND -APRIL 2018 To tap growth opportunities for long term capital appreciation through investments primarily in equity and equity related instruments. January 20, 2010 ULIF /01/10 SUD LA EQ1 142 Products: AUM : For New Dhan Suraksha, New Dhan Suraksha Premium, Rs Cr New Prabhat Tara, Dhan Suraksha 3, Dhan Suraksha Premium 3 & Prabhat Tara 3. : CNX Nifty Index 90% CRISIL Liquid Fund Index 10% Mr. Rahul Ranjan Equity (Top 10 Holdings & >1%) 92.79% HDFC Bank Ltd 8.69% Equity 80% 100% % Reliance Industries Ltd 6.46% MM & 0% 20% % ITC Ltd. 6.18% Infosys Technologies Ltd. 6.17% MM & Larsen & Toubro Limited 5.23% 7.21% Asset Allocation () Maruti Suzuki India Limited 4.85% Tata Consultancy Services Limited 3.58% ICICI Bank Ltd 3.50% Housing Development Finance Corporation Ltd. 2.75% Mahindra & Mahindra Ltd. 2.74% IndusInd Bank Limited 2.27% Hindustan Unilever Limited 1.93% Vedanta Limited 1.85% Sun Pharmaceuticals Industries Ltd 1.80% Kotak Mahindra Bank Limited 1.77% Hero Motocorp Ltd. 1.71% GAIL (India) Limited 1.53% Tata Steel Limited 1.50% HCL Technologies Ltd 1.37% Equity Bharti Airtel Limited 1.33% 92.79% Tech Mahindra Limited 1.16% Jubilant Foodworks Ltd. 1.15% Bharat Electronics Ltd 1.11% Yes Bank Limited 1.06% Voltas Limited 1.04% Eicher Motors Ltd. 1.02% Bata India Ltd. 1.01% Power Grid Corporation of India Limited 1.01% Petronet LNG Limited 1.01% (with < 1% exposure) 16.04% MM & 7.21% Top 10 Industry Exposure ( ) 22.14% Computer programming, consultancy and 12.97% related activities Manufacture of other transport equipment 7.75% 7.72% Manufacture of motor vehicles, trailers and 6.44% semi trailers Manufacture of tobacco 6.18% Jan 10 Apr 10 Jul 10 Oct 10 Jan 11 Apr 11 Jul 11 Oct 11 Jan 12 Apr 12 Jul 12 Oct 12 Jan 13 Apr 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Oct 14 Jan 15 Apr 15 Jul 15 Oct 15 Jan 16 Apr 16 Jul 16 Oct 16 Jan 17 Apr 17 Jul 17 Oct 17 Jan % Manufacture of chemicals and chemical Manufacture of food 3.07% 2.55% 5.23% 13.26% Apex Equity Fund 6.17% 1.76% 4.45% 15.83% 17.21% 9.92% 9.96% 5.60% 2.17% 3.88% 14.59% 15.98% 9.35% 9.09%

7 EQUITY FUND - APRIL 2018 Investment Objective: To tap growth opportunities for long term capital appreciation through investments primarily in equity and equity related instruments. February 25, 2009 ULIF /02/09 SUD LI EQ1 142 : CNX Nifty Index 90% CRISIL Liquid Fund Index 10% Products : For Dhan Suraksha, Dhan Suraksha Premium, Prabhat Tara. AUM: Rs Cr Mr. Rahul Ranjan Equity (Top 10 Holdings & >1%) 85.69% HDFC Bank Ltd 8.40% Equity 80% 100% % Infosys Technologies Ltd. 6.48% MM & 0% 20% % Reliance Industries Ltd 6.44% MM & ITC Ltd. 5.85% 14.31% Asset Allocation () Larsen & Toubro Limited 4.73% Maruti Suzuki India Limited 4.46% Housing Development Finance Corporation Ltd. 3.72% ICICI Bank Ltd 3.70% Tata Consultancy Services Limited 3.22% Mahindra & Mahindra Ltd. 2.44% Hindustan Unilever Limited 1.91% IndusInd Bank Limited 1.83% Ashok Leyland Ltd 1.70% Kotak Mahindra Bank Limited 1.69% Sun Pharmaceuticals Industries Ltd 1.31% Vedanta Limited 1.28% HCL Technologies Ltd 1.26% Tech Mahindra Limited 1.18% Equity 85.69% Jubilant Foodworks Ltd. 1.07% GAIL (India) Limited 1.04% Bharti Airtel Limited 1.00% (with < 1% exposure) 20.99% MM & 14.31% Top 10 Industry Exposure () Computer programming, consultancy and related activities Manufacture of motor vehicles, trailers and semitrailers Manufacture of tobacco Manufacture of other transport equipment Manufacture of chemicals and chemical Manufacture of food 7.90% 6.96% 5.85% 5.34% 4.73% 4.30% 3.00% 2.45% 12.78% 21.98% Feb 09 Jun 09 Oct 09 Jan 10 May 10 Sep 10 Dec 10 Apr 11 Aug 11 Nov 11 Mar 12 Jun 12 Oct 12 Feb 13 May 13 Sep 13 Jan 14 Apr 14 Aug 14 Dec 14 Mar 15 Jul 15 Nov 15 Feb 16 Jun 16 Oct 16 Jan 17 May 17 Aug 17 Dec % Equity Fund 5.80% 1.78% 4.31% 14.40% 16.57% 9.48% 16.10% 5.60% 2.17% 3.88% 14.59% 15.98% 9.35% 15.22%

8 INDIVIDUAL PENSION FUND APEX EQUITY - APRIL 2018 To seek consistent long term capital appreciation through investments primarily in equity and equity related instruments by focusing predominantly on well established companies. January 20, 2010 ULIF /01/10 SUD PA EQ1 142 : CNX Nifty Index 90% CRISIL Liquid Fund Index 10% For New Dhruv Tara Products Rs Cr Mr. Rahul Ranjan Equity (Top 10 Holdings & >1%) 90.27% HDFC Bank Ltd 8.21% Equity 80% 100% % Infosys Technologies Ltd. 6.58% MM & 0% 20% % Reliance Industries Ltd 6.45% ITC Ltd. 6.16% Asset Allocation () Larsen & Toubro Limited 5.65% MM & Maruti Suzuki India Limited 4.66% 9.73% ICICI Bank Ltd 3.71% Tata Consultancy Services Limited 3.38% Housing Development Finance Corporation Ltd. 2.75% Mahindra & Mahindra Ltd. 2.57% Hero Motocorp Ltd. 2.17% IndusInd Bank Limited 1.94% Hindustan Unilever Limited 1.92% Sun Pharmaceuticals Industries Ltd 1.61% Ashok Leyland Ltd 1.59% Kotak Mahindra Bank Limited 1.54% Bharti Airtel Limited 1.49% Vedanta Limited 1.44% HCL Technologies Ltd 1.33% Jubilant Foodworks Ltd. 1.18% Equity Eicher Motors Ltd. 1.15% 90.27% GAIL (India) Limited 1.10% (with < 1% exposure) 21.68% MM & 9.73% Top 10 Industry Exposure ( ) 20.99% Computer programming, consultancy and related activities Manufacture of other transport equipment Manufacture of motor vehicles, trailers and semi trailers Manufacture of tobacco 8.06% 7.93% 7.07% 6.16% 12.95% % Manufacture of chemicals and chemical Manufacture of food 3.04% 2.59% 4.72% 8.50 Jan 10 Apr 10 Jul 10 Oct 10 Dec 10 Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 May 12 Aug 12 Nov 12 Feb 13 May 13 Aug 13 Oct 13 Jan 14 Apr 14 Jul 14 Oct 14 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 Mar 16 May 16 Aug 16 Nov 16 Feb 17 May 17 Aug 17 Oct 17 Jan % Individual Pension Fund Apex Equity 6.09% 1.13% 5.20% 16.76% 17.37% 9.59% 9.90% 5.60% 2.17% 3.88% 14.59% 15.98% 9.35% 9.09%

9 INDIVIDUAL PENSION FUND EQUITY - APRIL 2018 To seek consistent long term capital appreciation through investments primarily in equity and equity related instruments by focusing predominantly on well established companies. March 31, 2009 ULIF /03/09 SUD PI EQ1 142 : CNX Nifty Index 90% CRISIL Liquid Fund Index 10% For Dhruv Tara Products Rs Cr Mr. Rahul Ranjan Equity (Top 10 Holdings & >1%) 86.58% HDFC Bank Ltd 8.06% Equity 80% 100% % Infosys Technologies Ltd. 6.63% MM & 0% 20% % Reliance Industries Ltd 6.46% ITC Ltd. 5.87% MM & Asset Allocation () Maruti Suzuki India Limited 4.33% 13.42% Larsen & Toubro Limited 4.13% ICICI Bank Ltd 3.61% Tata Consultancy Services Limited 3.20% Kotak Mahindra Bank Limited 2.74% Havells India Ltd. 2.61% Housing Development Finance Corporation Ltd. 2.47% Mahindra & Mahindra Ltd. 2.41% Hindustan Unilever Limited 1.91% Ashok Leyland Ltd 1.59% Bharti Airtel Limited 1.48% GAIL (India) Limited 1.45% Vedanta Limited 1.45% Tech Mahindra Limited 1.35% HCL Technologies Ltd 1.27% Equity Jubilant Foodworks Ltd. 1.16% 86.58% Bharat Electronics Ltd 1.16% Eicher Motors Ltd. 1.08% Indian Oil Corporation Ltd 1.00% (with < 1% exposure) 19.15% MM & 13.42% Computer programming, consultancy and related activities Manufacture of motor vehicles, trailers and semitrailers Top 10 Industry Exposure ( ) Manufacture of other transport equipment Manufacture of tobacco 6.74% 6.28% 5.87% 5.06% 4.13% 8.10% 13.09% 20.35% Mar 09 Jul 09 Oct 09 Jan 10 Apr 10 Jul 10 Oct 10 Jan 11 Apr 11 Jul 11 Oct 11 Jan 12 May 12 Aug 12 Nov 12 Feb 13 May 13 Aug 13 Nov 13 Feb 14 May 14 Aug 14 Nov 14 Mar 15 Jun 15 Sep 15 Dec 15 Mar 16 Jun 16 Sep 16 Dec 16 Mar 17 Jun 17 Sep 17 Dec 17 Manufacture of chemicals and chemical 2.98% Manufacture of machinery and equipment n.e.c. 3.18% 10.79% Individual Pension Fund Equity 5.89% 1.79% 4.11% 14.53% 16.20% 8.98% 14.19% 5.60% 2.17% 3.88% 14.59% 15.98% 9.35% 14.36%

10 INDIVIDUAL BLUE CHIP EQUITY - APRIL 2018 The fund seeks to achieve long term capital appreciation by investing predominantly in equity and equity related securities. January 29, 2014 ULIF /12/13 SUD LI EQ2 142 Products : For Dhan Suraksha Plus & Wealth Builder Plan AUM : Rs Cr : CNX Nifty Index 85% CRISIL Liquid Fund Index 15% Mr. Rahul Ranjan Equity (Top 10 Holdings & >1%) 86.82% HDFC Bank Ltd 8.35% Equity 70% 100% % Reliance Industries Ltd 6.28% MM & 0% 30% % Infosys Technologies Ltd. 6.00% ITC Ltd. 5.62% Asset Allocation () Larsen & Toubro Limited 4.84% MM & 13.18% Maruti Suzuki India Limited 4.61% Tata Consultancy Services Limited 3.04% ICICI Bank Ltd 3.03% Hindustan Unilever Limited 2.52% Mahindra & Mahindra Ltd. 2.44% Kotak Mahindra Bank Limited 1.97% IndusInd Bank Limited 1.93% Housing Development Finance Corporation Ltd. 1.91% Yes Bank Limited 1.51% Sun Pharmaceuticals Industries Ltd 1.38% Vedanta Limited 1.36% Tata Motors Limited 1.35% Jubilant Foodworks Ltd. 1.29% Tech Mahindra Limited 1.29% HCL Technologies Ltd 1.17% Bata India Ltd. 1.12% Equity Ashok Leyland Ltd 1.09% 86.82% Hero Motocorp Ltd. 1.05% Bharat Electronics Ltd 1.05% (with < 1% exposure) 20.60% MM & 13.18% Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of motor vehicles, trailers and semitrailers Manufacture of other transport equipment 7.53% 7.05% 6.17% 12.04% 21.82% Jan 14 Apr 14 Jun 14 Aug 14 Oct 14 Dec 14 Mar 15 May 15 Jul 15 Sep 15 Nov 15 Feb 16 Apr 16 Jun 16 Aug 16 Oct 16 Jan 17 Mar 17 May 17 Jul 17 Sep 17 Dec 17 Feb 18 Manufacture of tobacco 5.62% 4.84% Manufacture of chemicals and chemical 4.01% 3.98% Manufacture of food 2.67% 11.08% Bluechip Equity Fund 5.71% 0.87% 4.55% 12.60% 15.02% 9.08% 13.07% 5.31% 1.95% 3.87% 14.17% 15.49% 9.27% 13.29%

11 APEX GROWTH FUND - APRIL 2018 To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. January 20, 2010 ULIF /01/10 SUD LA GR1 142 : CNX Nifty Index 70% CRISIL Composite Bond Index 30% For New Dhan Suraksha, New Dhan Suraksha Premium, New Prabhat Tara, Dhan Suraksha 3, Dhan Suraksha Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 70.59% HDFC Bank Ltd 8.11% Equity 55% 85% % Reliance Industries Ltd 5.04%, MM & 15% 45% % ITC Ltd. 4.88% MM & 2.46% Asset Allocation () Infosys Technologies Ltd. 4.85% Larsen & Toubro Limited 4.14% 26.95% Maruti Suzuki India Limited 3.89% ICICI Bank Ltd 2.96% Tata Consultancy Services Limited 2.76% Housing Development Finance Corporation Ltd. 2.74% IndusInd Bank Limited 2.08% Mahindra & Mahindra Ltd. 1.69% Hindustan Unilever Limited 1.52% Vedanta Limited 1.41% HCL Technologies Ltd 1.08% Equity Yes Bank Limited 1.02% % (with < 1% exposure) 22.42% Rating Profile (% of ) 26.95% & SDL (Top 10 Holdings) 12.43% 7.17% GOI 08 Jan % 8.17% GOI 01 Dec % 6.68% GOI 17 Sept % 8.83% GOI 12 Dec % 8.32% GOI 02 Aug % 8.24% GOI 15 Feb % % GOI 15 Feb % % GOI 02 Aug % 6.97% GOI 06 Sep % 7.40% GOI 09 Sep % 0.00% Corporate Bonds (Top 10 Holdings) 14.52% POWER FINANCE CORPORATION LTD. 1.84% LIC HOUSING FINANCE LTD 1.58% RURAL ELECTRIFICATION CORPORATION L 1.48% HDFC LTD. 1.47% UNITED PHOSPHORUS LTD. 1.40% STEEL AUTHORITY OF INDIA LTD. 1.04% RELIANCE PORTS & TERMINALS LTD. 0.90% RELIANCE INDUSTRIES LTD 0.89% M & M FINANCIAL SERVICES LTD. 0.85% RELIANCE GAS TRANSPORTN INFRA LTD. 0.58% 2.50% 46.12% Maturity Profile ( % of ) 20.26% AA 5.91% 16.94% AA+ 8.35% 24.35% 39.63% Modified Duration 4.82 yrs 31.30% MM & 2.46% 7.16% Top 10 Industry Exposure ( ) 21.22% Computer programming, consultancy and related activities 10.05% < 1 year 1 3 years 3 5 years 5 10 years > 10 years 8.95% Manufacture of motor vehicles, trailers and semitrailers 6.84% 5.55% Manufacture of other transport equipment 5.21% Manufacture of tobacco 4.88% 4.64% Manufacture of chemicals and chemical 3.81% Housing Sector 3.33% % Jan 10 Apr 10 Aug 10 Nov 10 Feb 11 May 11 Aug 11 Nov 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Nov 14 Feb 15 May 15 Aug 15 Nov 15 Feb 16 Jun 16 Sep 16 Dec 16 Mar 17 Jun 17 Oct 17 Jan 18 Apex Growth Fund 3.99% 1.12% 3.35% 11.60% 14.54% 9.36% 9.75% 3.89% 1.76% 2.56% 11.89% 13.98% 9.10% 8.98%

12 GROWTH FUND - APRIL 2018 To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. February 25, 2009 ULIF /02/09 SUD LI GR1 142 : CNX Nifty Index 70% CRISIL Composite Bond Index 30% Products : For Dhan Suraksha, Dhan Suraksha Premium, Prabhat Tara & Dhan Suraksha Express. AUM: Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 69.01% AUM (Rs. In Cr) Actual HDFC Bank Ltd 8.13% Equity 40% 100% % Reliance Industries Ltd 5.04%, MM & 0% 60% % ITC Ltd. 4.89% Infosys Technologies Ltd. 4.84% Maruti Suzuki India Limited 3.64% Larsen & Toubro Limited 3.47% ICICI Bank Ltd 2.80% Housing Development Finance Corporation Ltd. 2.55% Tata Consultancy Services Limited 2.55% Kotak Mahindra Bank Limited 2.32% Mahindra & Mahindra Ltd. 2.00% IndusInd Bank Limited 1.97% Hindustan Unilever Limited 1.53% Hero Motocorp Ltd. 1.51% HCL Technologies Ltd 1.06% Bharat Electronics Ltd 1.00% (with < 1% exposure) 19.73% 28.32% & SDL (Top 10 Holdings) 18.67% 8.17% GOI 01 Dec % 8.83% GOI 12 Dec % 7.72% GOI 25 May % 7.17% GOI 08 Jan % 8.97% GOI 05 Dec % 8.13% GOI 22 Jun % 8.40% GOI 28 Jul % 0.19% Corporate Bonds (Top 10 Holdings) 9.65% RELIANCE PORTS & TERMINALS LTD. 2.48% STEEL AUTHORITY OF INDIA LTD. 2.07% POWER FINANCE CORPORATION LTD. 1.94% THE GREAT EASTERN SHIPPING CO. LTD. 1.05% INDIAN OIL CORPORATION LTD 0.76% RELIANCE GAS TRANSPORTN INFRA LTD. 0.39% RELIANCE INDUSTRIES LTD 0.38% POWER GRID CORPORATION OF INDIA LTD 0.30% IRFC LTD. 0.19% HDFC LTD. 0.09% 0.00% MM & 2.67% Asset Allocation () Equity, % 4.35% 65.93% Maturity Profile ( % of ) 5.70% MM &, 2.67% Rating Profile (% of ) 16.12% 23.02%, % 26.76% Computer programming, consultancy and related activities Manufacture of other transport equipment Manufacture of motor vehicles, trailers and semitrailers Manufacture of tobacco AA 7.31% Modified Duration 6.44 yrs 50.82% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Top 10 Industry Exposure ( ) Manufacture of Basic Metals Manufacture of chemicals and chemical 3.47% 3.21% 2.41% 6.73% 5.58% 5.17% 4.89% 9.73% 8.79% 8.43% 20.26% Feb 09 Jun 09 Sep 09 Jan 10 Apr 10 Jul 10 Nov 10 Feb 11 Jun 11 Sep 11 Jan 12 Apr 12 Jul 12 Nov 12 Feb 13 Jun 13 Sep 13 Dec 13 Apr 14 Jul 14 Nov 14 Feb 15 Jun 15 Sep 15 Dec 15 Apr 16 Jul 16 Nov 16 Feb 17 May 17 Sep 17 Dec 17 Growth Fund 3.99% 1.04% 3.01% 11.01% 13.23% 8.40% 14.72% 3.89% 1.76% 2.56% 11.89% 13.98% 9.10% 13.72%

13 INDIVIDUAL PENSION FUND APEX GROWTH - APRIL 2018 To seek consistent growth over medium to long term by focusing predominantly on well established companies through investments primarily in equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. January 20, 2010 ULIF /01/10 SUD PA GR1 142 : CNX Nifty Index 70% CRISIL Composite Bond Index 30% For New Dhruv Tara Products Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 69.39% AUM (Rs. In Cr) Actual HDFC Bank Ltd 7.92% Equity 55% 85% % Larsen & Toubro Limited 5.16%, MM & 15% 45% % Reliance Industries Ltd 5.01% ITC Ltd. 4.79% Infosys Technologies Ltd. 4.79% Maruti Suzuki India Limited 3.56% ICICI Bank Ltd 2.82% Tata Consultancy Services Limited 2.55% Housing Development Finance Corporation Ltd. 2.54% Mahindra & Mahindra Ltd. 2.01% Sun Pharmaceuticals Industries Ltd 1.99% IndusInd Bank Limited 1.94% Hindustan Unilever Limited 1.49% Kotak Mahindra Bank Limited 1.42% Bharat Electronics Ltd 1.11% Yes Bank Limited 1.10% HCL Technologies Ltd 1.02% (with < 1% exposure) 18.14% Equity 69.39% 32.92% MM & 3.88% Rating Profile (% of ) Asset Allocation () AA 11.28% 26.73% 26.73% & SDL (Top 10 Holdings) 14.91% 7.72% GOI 25 May % 8.17% GOI 01 Dec % 9.15% GOI 14 Nov % 6.68% GOI 17 Sept % % GOI 02 Aug % 8.32% GOI 02 Aug % 0.14% Corporate Bonds (Top 10 Holdings) 11.82% RELIANCE PORTS & TERMINALS LTD. 5.12% LIC HOUSING FINANCE LTD 3.68% STEEL AUTHORITY OF INDIA LTD. 3.02% 0.00% 25.05% 55.80% Maturity Profile ( % of ) 19.16% Modified Duration 4.32 yrs 29.92% 25.87% MM & 3.88% 1 3 years 3 5 years 5 10 years > 10 years Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of tobacco Manufacture of motor vehicles, trailers and semi trailers Manufacture of other transport equipment Manufacture of Basic Metals Housing Sector 6.14% 5.16% 4.79% 4.78% 4.09% 4.02% 3.68% 7.65% 9.66% 12.21% 19.02% Jan 10 Apr 10 Aug 10 Nov 10 Feb 11 May 11 Aug 11 Nov 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Nov 14 Feb 15 May 15 Aug 15 Nov 15 Feb 16 Jun 16 Sep 16 Dec 16 Mar 17 Jun 17 Oct 17 Jan 18 Individual Pension Fund Apex Growth 4.08% 1.19% 3.90% 11.62% 14.00% 8.73% 9.36% 3.89% 1.76% 2.56% 11.89% 13.98% 9.10% 8.98%

14 INDIVIDUAL PENSION FUND GROWTH - APRIL 2018 To seek consistent growth over medium to long term by focusing predominantly on well established companies through investments primarily in equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. March 31, 2009 ULIF /03/09 SUD PI GR1 142 : CNX Nifty Index 70% CRISIL Composite Bond Index 30% For Dhruv Tara Products Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 68.04% HDFC Bank Ltd 7.79% Equity 40% 100% % Reliance Industries Ltd 5.02%, MM & 0% 60% % ITC Ltd. 4.86% Infosys Technologies Ltd. 4.77% Asset Allocation () MM & 4.36% Larsen & Toubro Limited 4.47% Maruti Suzuki India Limited 3.60% 27.59% ICICI Bank Ltd 2.78% Tata Consultancy Services Limited 2.53% Housing Development Finance Corporation Ltd. 2.52% Sun Pharmaceuticals Industries Ltd 2.38% IndusInd Bank Limited 2.01% Mahindra & Mahindra Ltd. 1.99% Equity Hero Motocorp Ltd. 1.61% 68.04% Hindustan Unilever Limited 1.50% HCL Technologies Ltd 1.04% (with < 1% exposure) 19.17% 27.59% & SDL (Top 10 Holdings) 19.66% 8.17% GOI 01 Dec % % GOI 02 Aug % 6.97% GOI 06 Sep % 6.68% GOI 17 Sept % 3.49% Rating Profile (% of ) 28.76% Corporate Bonds (Top 10 Holdings) 7.94% INDIAN OIL CORPORATION LTD 4.59% THE GREAT EASTERN SHIPPING CO. LTD. 2.90% STATE BANK OF INDIA 0.45% 0.00% MM & 4.36% 71.24% Maturity Profile ( % of ) 37.97% Modified Duration 5.14 yrs 34.89% Top 10 Industry Exposure ( ) 16.64% 17.67% 10.50% Computer programming, consultancy and related activities 9.62% 9.61% < 1 year 1 3 years 5 10 years > 10 years Manufacture of other transport equipment Manufacture of tobacco 5.63% 4.86% Manufacture of motor vehicles, trailers and semitrailers 4.79% Water transport 4.47% 2.90% Manufacture of pharmaceuticals,medicinal chemical and botanical 2.82% 2.38% % Mar 09 Jul 09 Oct 09 Jan 10 Apr 10 Jul 10 Nov 10 Feb 11 May 11 Aug 11 Nov 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jun 13 Oct 13 Jan 14 Apr 14 Jul 14 Oct 14 Feb 15 May 15 Aug 15 Nov 15 Feb 16 Jun 16 Sep 16 Dec 16 Mar 17 Jun 17 Sep 17 Jan 18 Individual Pension Fund Growth 3.99% 1.27% 3.38% 11.27% 12.68% 7.87% 12.08% 3.89% 1.76% 2.56% 11.89% 13.98% 9.10% 13.07%

15 GROWTH PLUS FUND - APRIL 2018 To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. January 29, 2014 ULIF /12/13 SUD LI GR2 142 : CNX Nifty Index 70% CRISIL Composite Bond Index 30% Products : For Dhan Suraksha Plus & Wealth Builder Plan. AUM: Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 67.05% HDFC Bank Ltd 7.10% Equity 40% 100% % Reliance Industries Ltd 4.96% 0% 60% % Infosys Technologies Ltd. 4.72% MM & 0% 30% % ITC Ltd. 4.07% Larsen & Toubro Limited 3.83% Asset Allocation () MM & Maruti Suzuki India Limited 3.40% 2.88% Housing Development Finance Corporation Ltd. 2.47% 30.07% Tata Consultancy Services Limited 2.37% ICICI Bank Ltd 2.26% Mahindra & Mahindra Ltd. 2.02% Hindustan Unilever Limited 2.00% Kotak Mahindra Bank Limited 1.95% IndusInd Bank Limited 1.72% Equity Hero Motocorp Ltd. 1.06% 67.05% GAIL (India) Limited 1.03% HCL Technologies Ltd 1.02% Bharti Airtel Limited 1.01% (with < 1% exposure) 20.05% Rating Profile (% of ) 30.07% & SDL (Top 10 Holdings) 16.52% 7.72% GOI 25 May % 8.17% GOI 01 Dec % 6.97% GOI 06 Sep % 8.20% GOI 24 Sep % % GOI 02 Aug % 8.83% GOI 12 Dec % 8.35% Gujarat 28 Feb % 7.17% GOI 08 Jan % 8.13% GOI 22 Jun % 8.33% GOI 09 Jul % 8.32% GOI 02 Aug % 0.37% 54.93% Maturity Profile ( % of ) 48.32% AA+ 0.71% 44.36% Modified Duration 4.86 yrs Corporate Bonds (Top 10 Holdings) 13.55% RURAL ELECTRIFICATION CORPORATION L 5.75% RELIANCE PORTS & TERMINALS LTD. 3.16% POWER FINANCE CORPORATION LTD. 1.59% POWER GRID CORPORATION OF INDIA LTD 1.30% HDFC LTD. 0.77% LIC HOUSING FINANCE LTD 0.65% L&T HOUSING FINANCE LIMITED 0.21% LARSEN & TOUBRO LTD. 0.13% 0.00% 2.25% 3.94% 29.96% 15.53% MM & 2.88% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of other transport equipment Manufacture of motor vehicles, trailers and semitrailers Manufacture of tobacco Manufacture of chemicals and chemical 5.81% 5.01% 4.65% 4.07% 3.96% 3.18% 9.28% 15.23% 18.59% Manufacture of food 1.96% Jan 14 Mar 14 May 14 Jun 14 Aug 14 Sep 14 Nov 14 Dec 14 Feb 15 Mar 15 May 15 Jun 15 Aug 15 Oct 15 Nov 15 Jan 16 Feb 16 Apr 16 May 16 Jul 16 Aug 16 Oct 16 Nov 16 Jan 17 Mar 17 Apr 17 Jun 17 Jul 17 Sep 17 Oct 17 Dec 17 Jan 18 Mar % Growth Plus Fund 3.83% 0.49% 3.44% 10.76% 13.01% 8.68% 12.28% 3.89% 1.76% 2.56% 11.89% 13.98% 9.10% 12.84%

16 APEX BALANCED FUND - APRIL 2018 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. January 20, 2010 ULIF /01/10 SUD LA BL1 142 : CNX Nifty Index 50% CRISIL Composite Bond Index 50% For New Dhan Suraksha, New Dhan Suraksha Premium, New Prabhat Tara, Dhan Suraksha 3, Dhan Rs Cr Equity Mr. Rahul Ranjan Suraksha Premium 3 & Prabhat Tara 3. Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 51.64% HDFC Bank Ltd 5.89% Equity 35% 65% % Infosys Technologies Ltd. 3.51%, MM & 35% 65% % Reliance Industries Ltd 3.42% ITC Ltd. 3.39% Larsen & Toubro Limited 3.07% Maruti Suzuki India Limited 2.91% ICICI Bank Ltd 2.26% Tata Consultancy Services Limited 2.15% Housing Development Finance Corporation Ltd. 2.11% Mahindra & Mahindra Ltd. 1.35% Vedanta Limited 1.12% Hindustan Unilever Limited 1.10% IndusInd Bank Limited 1.09% (with < 1% exposure) 18.27% Equity 51.64% MM & 2.65% Asset Allocation( ) 45.71% 45.71% & SDL (Top 10 Holdings) 21.80% 8.17% GOI 01 Dec % 8.20% GOI 24 Sep % 8.29% Tamilnadu 29 Jul % 7.73% GOI 19 Dec % 8.40% GOI 28 Jul % 6.68% GOI 17 Sept % 8.83% GOI 12 Dec % 8.83% GOI 25 Nov % 7.72% GOI 25 May % 8.33% GOI 09 Jul % 5.80% Rating Profile (% of ) 41.21% Corporate Bonds (Top 10 Holdings) 23.91% POWER GRID CORPORATION OF INDIA LTD 2.70% POWER FINANCE CORPORATION LTD. 2.33% LIC HOUSING FINANCE LTD 2.33% RELIANCE PORTS & TERMINALS LTD. 2.09% HDFC LTD. 1.69% UNITED PHOSPHORUS LTD. 1.68% M & M FINANCIAL SERVICES LTD. 1.61% SUNDARAM FINANCE LTD. 1.58% IL & FS LTD. 1.56% RURAL ELECTRIFICATION CORPORATION L 1.36% 4.98% 47.69% Maturity Profile ( % of ) Modified Duration 4.53 yrs AA 2.60% 38.97% AA+ 8.50% MM & 2.65% 21.60% 20.10% Top 10 Industry Exposure ( ) 19.48% 8.20% 11.13% 13.47% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Computer programming, consultancy and related activities 4.32% 7.52% Housing Sector 4.02% Manufacture of motor vehicles, trailers and semi trailers Manufacture of other transport equipment 3.86% 3.80% 3.75% Manufacture of tobacco Manufacture of chemicals and chemical 3.39% 3.38% % Jan 10 Apr 10 Aug 10 Nov 10 Feb 11 May 11 Aug 11 Nov 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Nov 14 Feb 15 May 15 Aug 15 Nov 15 Feb 16 Jun 16 Sep 16 Dec 16 Mar 17 Jun 17 Oct 17 Jan 18 Apex Balanced Fund 2.63% 1.00% 2.13% 9.28% 12.17% 8.79% 9.30% 2.38% 1.20% 1.63% 9.54% 11.96% 8.75% 8.77%

17 BALANCED FUND - APRIL 2018 To aim for stable returns over medium to long term through investments in high quality fixed income and money market instruments and enhance returns through a fair exposure to equity investments. February 18, 2009 ULIF /02/09 SUD LI BL1 142 : CNX Nifty Index 30% CRISIL Composite Bond Index 70% For Dhan Suraksha, Dhan Suraksha Premium, Prabhat Tara. Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 30.94% HDFC Bank Ltd 2.89% Equity 0% 60% % Ashok Leyland Ltd 2.15%, MM & 40% 100% % Reliance Industries Ltd 2.15% Infosys Technologies Ltd. 2.08% ITC Ltd. 2.05% Larsen & Toubro Limited 1.80% Maruti Suzuki India Limited 1.43% ICICI Bank Ltd 1.12% Kotak Mahindra Bank Limited 1.09% Tata Consultancy Services Limited 1.00% (with < 1% exposure) 13.16% Equity 30.94% MM & 3.95% Asset Allocation () 65.11% & SDL (Top 10 Holdings) 43.23% 8.97% GOI 05 Dec % 6.97% GOI 06 Sep % 8.17% GOI 01 Dec % 8.33% GOI 09 Jul % 9.63% Maharashtra 12 Feb % 9.19% SDL Kerala 28 May % 8.24% GOI 15 Feb % % GOI 02 Aug % 9.11% Maharashtra 28 May % 0.00% Rating Profile (% of ) 25.28% 65.11% Corporate Bonds (Top 10 Holdings) 21.88% LIC HOUSING FINANCE LTD 6.50% STEEL AUTHORITY OF INDIA LTD. 5.42% INDIAN OIL CORPORATION LTD 2.74% RELIANCE PORTS & TERMINALS LTD. 1.44% DEWAN HOUSING FINANCE CORP. LTD. 1.40% POWER FINANCE CORPORATION LTD. 1.37% IRFC LTD. 1.37% THE GREAT EASTERN SHIPPING CO. LTD. 0.92% 0.71% MM & 3.95% 66.39% Maturity Profile (% of ) Modified Duration 5.05 yrs 44.85% AA 8.32% Top 10 Industry Exposure ( ) 29.84% 8.99% 14.68% 8.42% Housing Sector 7.91% 2.21% Manufacture of Basic Metals 6.35% 6.07% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Manufacture of motor vehicles, trailers and semitrailers Computer programming, consultancy and related activities Manufacture of tobacco Manufacture of other transport equipment 5.36% 3.86% 3.59% 2.05% 1.80% 1.79% 5.04% Feb 09 May 09 Aug 09 Nov 09 Feb 10 May 10 Aug 10 Dec 10 Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep 14 Dec 14 Mar 15 Jul 15 Oct 15 Jan 16 Apr 16 Jul 16 Oct 16 Jan 17 Apr 17 Jul 17 Oct 17 Jan 18 Balanced Fund 1.27% 0.07% 1.22% 6.59% 8.28% 6.58% 10.00% 0.88% 0.66% 0.69% 7.20% 9.92% 8.33% 10.29%

18 INDIVIDUAL PENSION FUND APEX BALANCED - APRIL 2018 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. January 20, 2010 ULIF /01/10 SUD PA BL1 142 : CNX Nifty Index 50% CRISIL Composite Bond Index 50% For New Dhruv Tara Products Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 45.84% HDFC Bank Ltd 4.89% Equity 35% 65% % Reliance Industries Ltd 3.54%, MM & 35% 65% % Infosys Technologies Ltd. 3.48% ITC Ltd. 3.46% Larsen & Toubro Limited 3.31% Maruti Suzuki India Limited 2.65% ICICI Bank Ltd 1.75% Tata Consultancy Services Limited 1.59% Housing Development Finance Corporation Ltd. 1.55% IndusInd Bank Limited 1.29% Sun Pharmaceuticals Industries Ltd 1.26% Mahindra & Mahindra Ltd. 1.25% (with < 1% exposure) 15.82% Asset Allocation () Equity 45.84% MM & 4.38% 49.78% 49.78% & SDL (Top 10 Holdings) 21.60% 8.21% Maharashtra 09 Dec % 8.17% GOI 01 Dec % 8.20% GOI 15 Feb % 8.40% GOI 28 Jul % 8.97% GOI 05 Dec % 8.83% GOI 12 Dec % 0.00% Corporate Bonds (Top 10 Holdings) 28.18% LIC HOUSING FINANCE LTD 7.65% IL & FS LTD. 7.20% RELIANCE GAS TRANSPORTN INFRA LTD. 3.61% TATA SONS LTD. 3.48% STEEL AUTHORITY OF INDIA LTD. 3.42% DEWAN HOUSING FINANCE CORP. LTD. 2.12% 0.69% MM & 4.38% Top 10 Industry Exposure ( ) Rating Profile (% of ) 43.39% AA 6.86% Maturity Profile ( % of ) 29.18% 28.63% 25.74% 16.46% 49.75% Modified Duration 3.91 yrs 14.35% 1 3 years 3 5 years 5 10 years > 10 years Housing Sector 9.78% 12.95% Computer programming, consultancy and related activities Manufacture of Basic Metals Manufacture of tobacco 6.52% 4.70% 3.93% 3.46% Manufacture of other transport equipment Manufacture of motor vehicles, trailers and semi trailers 3.42% 3.41% 3.31% Jan 10 Apr 10 Jul 10 Oct 10 Jan 11 May 11 Aug 11 Nov 11 Feb 12 May 12 Aug 12 Nov 12 Feb 13 May 13 Aug 13 Nov 13 Mar 14 Jun 14 Sep 14 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 Mar 16 Jun 16 Sep 16 Jan 17 Apr 17 Jul 17 Oct 17 Jan % Individual Pension Fund Apex Balanced 2.23% 0.42% 2.41% 9.62% 11.85% 8.44% 8.97% 2.38% 1.20% 1.63% 9.54% 11.96% 8.75% 8.77%

19 INDIVIDUAL PENSION FUND BALANCED - APRIL 2018 To aim for stable returns over medium to long term through investments in high quality fixed income and money market instruments and enhance returns through a fair exposure to equity investments. March 31, 2009 ULIF /03/09 SUD PI BL1 142 : CNX Nifty Index 30% CRISIL Composite Bond Index 70% For Dhruv Tara Products Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 29.75% HDFC Bank Ltd 3.34% Equity 0% 60% % Reliance Industries Ltd 2.18%, MM & 40% 100% % ITC Ltd. 2.14% Infosys Technologies Ltd. 2.11% Larsen & Toubro Limited 2.04% Maruti Suzuki India Limited 1.48% ICICI Bank Ltd 1.20% Tata Consultancy Services Limited 1.08% Housing Development Finance Corporation Ltd. 1.06% Bharti Airtel Limited 0.97% (with < 1% exposure) 12.15% MM & 3.63% Asset Allocation () 66.62% 66.62% & SDL (Top 10 Holdings) 38.17% 8.17% GOI 01 Dec % 8.97% GOI 05 Dec % 9.63% Maharashtra 12 Feb % 9.11% Maharashtra 28 May % 7.72% GOI 25 May % 6.97% GOI 06 Sep % 0.00% Equity 29.75% Rating Profile (% of ) 42.71% Corporate Bonds (Top 10 Holdings) 28.45% RELIANCE PORTS & TERMINALS LTD. 5.96% THE GREAT EASTERN SHIPPING CO. LTD. 5.73% LIC HOUSING FINANCE LTD 5.71% IL & FS LTD. 2.36% HDFC LTD. 2.33% DEWAN HOUSING FINANCE CORP. LTD. 2.33% STATE BANK OF INDIA 1.76% RELIANCE GAS TRANSPORTN INFRA LTD. 1.14% 1.14% MM & 3.63% 57.29% Maturity Profile ( % of ) Modified Duration 5.18 yrs 32.00% 34.93% Top 10 Industry Exposure ( ) 11.44% 18.88% 12.48% Housing Sector 10.37% 1.72% 9.92% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Water transport Computer programming, consultancy and related activities Manufacture of other transport equipment Manufacture of tobacco Manufacture of motor vehicles, trailers and semitrailers 5.73% 3.73% 3.18% 2.72% 2.46% 2.14% 1.97% 4.55% Mar 09 Jul 09 Oct 09 Feb 10 May 10 Aug 10 Dec 10 Mar 11 Jul 11 Oct 11 Jan 12 May 12 Aug 12 Nov 12 Mar 13 Jun 13 Oct 13 Jan 14 Apr 14 Aug 14 Nov 14 Mar 15 Jun 15 Sep 15 Jan 16 Apr 16 Jul 16 Nov 16 Feb 17 Jun 17 Sep 17 Dec 17 Individual Pension Fund Balanced 1.15% 0.29% 0.94% 6.93% 9.25% 7.35% 9.85% 0.88% 0.66% 0.69% 7.20% 9.92% 8.33% 10.10%

20 EXPRESS BALANCED FUND - APRIL 2018 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. : April 29, 2011 ULIF /04/11 SUD LX BL1 142 CNX Nifty Index 30% CRISIL Composite Bond Index 70% For Dhan Suraksha Express Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 33.15% HDFC Bank Ltd 3.89% Equity 0% 60% % Larsen & Toubro Limited 2.55%, MM & 40% 100% % Infosys Technologies Ltd. 2.21% Reliance Industries Ltd 2.17% Asset Allocation( ) ITC Ltd. 2.13% MM & Maruti Suzuki India Limited 1.76% 4.69% ICICI Bank Ltd 1.38% 62.16% Tata Consultancy Services Limited 1.26% Housing Development Finance Corporation Ltd. 1.25% Kotak Mahindra Bank Limited 0.97% (with < 1% exposure) 13.59% 62.16% & SDL (Top 10 Holdings) 29.09% 8.17% GOI 01 Dec % 8.32% GOI 02 Aug % 9.15% GOI 14 Nov % 8.83% GOI 12 Dec % 8.97% GOI 05 Dec % 8.13% GOI 22 Jun % % GOI 02 Aug % 9.63% Maharashtra 12 Feb % 8.20% GOI 24 Sep % 8.33% GOI 09 Jul % 2.51% 46.80% Equity 33.15% Rating Profile (% of ) Corporate Bonds (Top 10 Holdings) 33.07% THE GREAT EASTERN SHIPPING CO. LTD. 5.08% POWER FINANCE CORPORATION LTD. 4.73% RELIANCE GAS TRANSPORTN INFRA LTD. 4.22% IL & FS LTD. 3.69% RELIANCE PORTS & TERMINALS LTD. 2.75% POWER GRID CORPORATION OF INDIA LTD 2.48% TATA SONS LTD. 2.02% LIC HOUSING FINANCE LTD 1.61% MRF LTD. 1.05% DEWAN HOUSING FINANCE CORP. LTD. 1.03% 4.41% MM & 4.69% Maturity Profile ( % of ) Modified Duration 4.69 yrs 16.93% AA 3.21% 19.91% 22.47% 31.97% 49.99% Top 10 Industry Exposure ( ) 20.34% 8.72% 12.52% Water transport 5.08% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Computer programming, consultancy and related activities Housing Sector 4.63% 3.64% 3.36% Manufacture of motor vehicles, trailers and semitrailers Manufacture of tobacco 2.67% 2.31% 2.13% Manufacture of other transport equipment 2.07% % Apr 11 Aug 11 Nov 11 Feb 12 Jun 12 Sep 12 Dec 12 Apr 13 Jul 13 Nov 13 Feb 14 May 14 Sep 14 Dec 14 Mar 15 Jul 15 Oct 15 Jan 16 May 16 Aug 16 Nov 16 Mar 17 Jun 17 Sep 17 Jan 18 Express Balanced Fund 1.28% 0.57% 1.25% 6.85% 8.86% 7.26% 8.77% 0.88% 0.66% 0.69% 7.20% 9.92% 8.33% 8.86%

21 BALANCED PLUS FUND - APRIL 2018 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. : January 29, 2014 ULIF /12/13 SUD LI BL2 142 CNX Nifty Index 30% CRISIL Composite Bond Index 70% For Dhan Suraksha Plus & Wealth Builder Plan Rs Cr Equity Mr. Rahul Ranjan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar Equity (Top 10 Holdings & >1%) 31.33% HDFC Bank Ltd 3.61% Equity 0% 60% % ITC Ltd. 2.50% 40% 100% % Reliance Industries Ltd 2.14% MM & 0% 30% % Infosys Technologies Ltd. 2.06% Larsen & Toubro Limited 1.69% MM & Asset Allocation( ) 4.06% Maruti Suzuki India Limited 1.59% ICICI Bank Ltd 1.11% Tata Consultancy Services Limited 1.03% Housing Development Finance Corporation Ltd. 0.97% Kotak Mahindra Bank Limited 0.88% (with < 1% exposure) 13.74% Equity 64.61% 31.33% 64.61% & SDL (Top 10 Holdings) 39.93% 8.17% GOI 01 Dec % 6.68% GOI 17 Sept % 7.72% GOI 25 May % 6.97% GOI 06 Sep % 8.40% GOI 28 Jul % 7.17% GOI 08 Jan % 8.32% GOI 02 Aug % 8.30% GOI 02 Jul % 8.30% GOI 31 Dec % 8.20% GOI 24 Sep % 7.61% Rating Profile (% of ) 29.64% Corporate Bonds (Top 10 Holdings) 24.69% STEEL AUTHORITY OF INDIA LTD. 3.31% POWER FINANCE CORPORATION LTD. 2.74% THE GREAT EASTERN SHIPPING CO. LTD. 2.24% LARSEN & TOUBRO LTD. 1.90% RURAL ELECTRIFICATION CORPORATION L 1.87% SUNDARAM FINANCE LTD. 1.67% DEWAN HOUSING FINANCE CORP. LTD. 1.39% RELIANCE PORTS & TERMINALS LTD. 1.33% HDFC LTD. 1.14% MRF LTD. 1.13% 5.97% MM & 4.06% 61.80% Maturity Profile ( % of ) Modified Duration 5.16 yrs 39.95% AA 6.87% AA+ 1.69% 28.23% Top 10 Industry Exposure ( ) 14.24% 13.99% 13.44% 9.43% 4.39% Computer programming, consultancy and related activities 3.99% 3.59% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Manufacture of Basic Metals Housing Sector 3.56% 3.25% Manufacture of tobacco Manufacture of motor vehicles, trailers and semitrailers 3.13% 2.50% 2.47% Manufacture of other transport equipment 2.35% % Jan 14 May 14 Aug 14 Nov 14 Feb 15 May 15 Aug 15 Dec 15 Mar 16 Jun 16 Sep 16 Dec 16 Mar 17 Jun 17 Oct 17 Jan 18 Balanced Plus Fund 1.03% 0.44% 0.73% 5.53% 8.30% 6.87% 10.04% 0.88% 0.66% 0.69% 7.20% 9.92% 8.33% 10.85%

22 APEX BOND FUND - APRIL 2018 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. January 20, 2010 ULIF /01/10 SUD LA BN1 142 For New Dhan Suraksha, New Dhan Suraksha Premium, New Prabhat Tara, Dhan Suraksha 3, Dhan Suraksha Rs Cr Premium 3 & Prabhat Tara 3. : CRISIL Composite Bond Index 90% CRISIL Liquid Fund Index 10% Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar 96.66% & SDL (Top 10 Holdings & >1%) 41.48% DEBT 80% 100% % 7.16% GOI 20 May % MM & 0% 20% % 7.72% GOI 25 May % 6.68% GOI 17 Sept % 6.97% GOI 06 Sep % 8.24% GOI 15 Feb % 8.17% GOI 01 Dec % 8.33% GOI 09 Jul % 8.97% GOI 05 Dec % 9.23% GOI 23 Dec % % GOI 15 Feb % (with < 1% exposure) 2.56% MM & 3.34% AUM (Rs. In Cr) Actual Asset Allocation () Corporate Bonds (Top 10 Holdings & >1%) 55.18% LIC HOUSING FINANCE LTD 8.17% DEWAN HOUSING FINANCE CORP. LTD. 7.92% POWER GRID CORPORATION OF INDIA LTD 7.14% M & M FINANCIAL SERVICES LTD. 5.12% IL & FS LTD. 5.03% SHRIRAM TRANSPORT FINANCE CO. LTD. 3.84% HDFC LTD. 3.44% TATA SONS LTD. 2.45% RURAL ELECTRIFICATION CORPORATION L 2.29% TATA CAPITAL FINANCIAL SERVICES LTD 2.27% L&T HOUSING FINANCE LIMITED 1.93% POWER FINANCE CORPORATION LTD. 1.72% L & T FINANCE LTD. 1.46% SUNDARAM FINANCE LTD. 1.21% FULLERTON INDIA CREDIT COMPANY LTD. 0.76% IRFC LTD. 0.23% (with < 1% exposure) 0.23% Rating Profile (% of ) 42.91% Maturity Profile ( % of ) Modified Duration 4.39 yrs AA AA+ 0.08% 15.89% 55.33% 96.66% 41.12% MM & 3.34% 12.20% 6.11% 13.91% 12.45% Top 10 Industry Exposure ( ) Housing Sector 19.52% < 1 year 1 3 years 3 5 years 5 10 years > 10 years 19.02% Water transport 0.15% 16.41% Manufacture of Basic Metals 0.08% % 9.50 Jan 10 Apr 10 Jul 10 Oct 10 Jan 11 Apr 11 Jul 11 Oct 11 Jan 12 Apr 12 Jul 12 Oct 12 Jan 13 Apr 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Oct 14 Jan 15 Apr 15 Jul 15 Oct 15 Jan 16 Apr 16 Jul 16 Oct 16 Jan 17 Apr 17 Jul 17 Oct 17 Jan 18 Apex Bond Fund 1.15% 0.04% 0.77% 3.70% 6.33% 6.88% 7.67% 1.14% 0.29% 0.35% 4.00% 6.84% 7.52% 7.80%

23 BOND FUND - APRIL 2018 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. : February 25, 2009 ULIF /02/09 SUD LI BN1 142 CRISIL Composite Bond Index 90% CRISIL Liquid Fund Index 10% For Dhan Suraksha, Dhan Suraksha Premium, Prabhat Tara. Rs Cr Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar 95.38% & SDL (Top 10 Holdings & >1%) 50.20% 80% 100% % 7.16% GOI 20 May % MM & 0% 20% % 6.97% GOI 06 Sep % 8.17% GOI 01 Dec % 7.72% GOI 25 May % 7.40% GOI 09 Sep % 7.17% GOI 08 Jan % 8.40% GOI 28 Jul % (with < 1% exposure) 0.00% MM & 4.62% Asset Allocation () Corporate Bonds (Top 10 Holdings & >1%) 45.18% POWER GRID CORPORATION OF INDIA LTD 6.40% RELIANCE PORTS & TERMINALS LTD. 5.87% HDFC LTD. 5.75% THE GREAT EASTERN SHIPPING CO. LTD. 5.65% M & M FINANCIAL SERVICES LTD. 4.62% LIC HOUSING FINANCE LTD 4.53% LARSEN & TOUBRO LTD. 4.50% RELIANCE INDUSTRIES LTD 3.36% RELIANCE GAS TRANSPORTN INFRA LTD. 2.25% INDIAN OIL CORPORATION LTD 1.12% STEEL AUTHORITY OF INDIA LTD. 1.10% (with < 1% exposure) 0.00% MM & 4.62% 95.38% 52.63% Rating Profile (% of ) 41.37% Top 10 Industry Exposure ( ) AA 1.16% AA+ 4.84% 14.53% Maturity Profile ( % of ) Modified Duration 4.58 yrs 51.47% Housing Sector 10.29% 18.88% 11.00% 15.12% Water transport 5.65% 3.54% 4.62% < 1 year 1 3 years 3 5 years 5 10 years > 10 years 4.50% % Manufacture of Basic Metals 1.10% % 9.50 Feb 09 Jun 09 Oct 09 Feb 10 Jun 10 Oct 10 Feb 11 Jun 11 Oct 11 Feb 12 May 12 Sep 12 Jan 13 May 13 Sep 13 Jan 14 May 14 Sep 14 Jan 15 May 15 Sep 15 Dec 15 Apr 16 Aug 16 Dec 16 Apr 17 Aug 17 Dec 17 Bond Fund 1.03% 0.14% 0.73% 3.62% 5.80% 6.52% 7.27% 1.14% 0.29% 0.35% 4.00% 6.84% 7.52% 7.51%

24 INDIVIDUAL PENSION FUND APEX BOND - APRIL 2018 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. January 20, 2010 ULIF /01/10 SUD PA BN1 142 For New Dhruv Tara Products Rs Cr : CRISIL Composite Bond Index 90% CRISIL Liquid Fund Index 10% Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar 95.06% & SDL (Top 10 Holdings & >1%) 56.81% DEBT 80% 100% % 8.40% GOI 28 Jul % MM & 0% 20% % 9.15% GOI 14 Nov % 8.34% SDL Maharashtra 03 Feb % 6.97% GOI 06 Sep % 8.17% GOI 01 Dec % 8.84% SDL Tamil Nadu 18 Jul % 7.16% GOI 20 May % (with < 1% exposure) 0.00% Asset Allocation( ) MM & 4.94% AUM (Rs. In Cr) Actual Corporate Bonds (Top 10 Holdings & >1%) 38.25% RELIANCE PORTS & TERMINALS LTD. 7.93% POWER GRID CORPORATION OF INDIA LTD 7.90% HDFC LTD. 7.67% TATA SONS LTD. 5.05% DEWAN HOUSING FINANCE CORP. LTD. 4.71% LARSEN & TOUBRO LTD. 2.52% RURAL ELECTRIFICATION CORPORATION L 2.47% (with < 1% exposure) 0.00% MM & 4.94% Rating Profile (% of ) 95.06% 40.24% Top 10 Industry Exposure ( ) 59.76% 18.30% Maturity Profile ( % of ) Modified Duration 4.07 yrs 60.09% Housing Sector 12.37% 20.83% 13.70% 5.37% 5.05% 1 3 years 3 5 years 5 10 years > 10 years 2.52% % Jan 10 Apr 10 Aug 10 Nov 10 Feb 11 May 11 Aug 11 Nov 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Nov 14 Feb 15 May 15 Aug 15 Nov 15 Feb 16 Jun 16 Sep 16 Dec 16 Mar 17 Jun 17 Oct 17 Jan 18 Individual Pension Fund Apex Bond 0.95% 0.12% 0.82% 3.34% 6.17% 6.72% 7.39% 1.14% 0.29% 0.35% 4.00% 6.84% 7.52% 7.80%

25 INDIVIDUAL PENSION FUND BOND - APRIL 2018 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. March 31, 2009 ULIF /03/09 SUD PI BN1 142 Products : For Dhruv Tara Products AUM : Rs Cr : CRISIL Composite Bond Index 90% CRISIL Liquid Fund Index 10% Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar 91.20% & SDL (Top 10 Holdings & >1%) 50.18% 80% 100% % 8.33% GOI 09 Jul % MM & 0% 20% % 8.17% GOI 01 Dec % Asset Allocation () 7.16% GOI 20 May % MM & 8.80% 6.97% GOI 06 Sep % 7.72% GOI 25 May % 7.17% GOI 08 Jan % 8.97% GOI 05 Dec % 7.40% GOI 09 Sep % 6.68% GOI 17 Sept % (with < 1% exposure) 0.00% Corporate Bonds (Top 10 Holdings & >1%) 41.02% POWER GRID CORPORATION OF INDIA LTD 6.29% MRF LTD. 6.25% INDIAN OIL CORPORATION LTD 6.02% RURAL ELECTRIFICATION CORPORATION L 5.96% STEEL AUTHORITY OF INDIA LTD. 5.95% THE GREAT EASTERN SHIPPING CO. LTD. 3.03% RELIANCE GAS TRANSPORTN INFRA LTD. 3.03% RELIANCE INDUSTRIES LTD 3.01% HDFC LTD. 1.49% (with < 1% exposure) 0.00% 91.20% Rating Profile (% of ) 38.46% MM & 8.80% 55.03% Top 10 Industry Exposure ( ) AA 6.52% 15.27% Maturity Profile ( % of ) Modified Duration 4.40 yrs 48.60% 9.03% 16.44% 18.19% Manufacture of rubber and plastics 6.25% 9.91% 6.85% Manufacture of Basic Metals 5.95% < 1 year 1 3 years 3 5 years 5 10 years > 10 years Water transport 3.03% Housing Sector 1.49% % Mar 09 Aug 09 Jan 10 Jun 10 Oct 10 Mar 11 Aug 11 Dec 11 May 12 Oct 12 Feb 13 Jul 13 Dec 13 May 14 Sep 14 Feb 15 Jul 15 Nov 15 Apr 16 Sep 16 Jan 17 Jun 17 Nov 17 Individual Pension Fund Bond 0.97% 0.29% 0.43% 3.43% 5.60% 6.31% 7.17% 1.14% 0.29% 0.35% 4.00% 6.84% 7.52% 7.57%

26 INDIVIDUAL LIFE INCOME FUND - APRIL 2018 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. January 29, 2014 ULIF /12/13 SUD LI BN2 142 : CRISIL Composite Bond Index 85% CRISIL Liquid Fund Index 15% For Dhan Suraksha Plus & Wealth Builder Plan Rs Cr Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar 94.57% & SDL (Top 10 Holdings & >1%) 51.20% 70% 100% % 6.97% GOI 06 Sep % MM & 0% 30% % 7.40% GOI 09 Sep % Asset Allocation () 7.16% GOI 20 May % 8.28% GOI 21 Sep % MM & 7.72% GOI 25 May % 5.43% 8.20% GOI 24 Sep % 6.68% GOI 17 Sept % 9.11% Maharashtra 28 May % 8.97% GOI 05 Dec % % GOI 15 Feb % (with < 1% exposure) 7.51% 94.57% Corporate Bonds (Top 10 Holdings & >1%) 43.36% DEWAN HOUSING FINANCE CORP. LTD. 8.09% POWER GRID CORPORATION OF INDIA LTD 6.23% LIC HOUSING FINANCE LTD 5.99% RURAL ELECTRIFICATION CORPORATION L 5.38% STEEL AUTHORITY OF INDIA LTD. 3.11% LARSEN & TOUBRO LTD. 2.55% HDFC LTD. 1.98% POWER FINANCE CORPORATION LTD. 1.79% THE GREAT EASTERN SHIPPING CO. LTD. 1.48% TATA SONS LTD. 1.48% RELIANCE INDUSTRIES LTD 1.47% IRFC LTD. 1.01% L&T HOUSING FINANCE LIMITED 0.99% FULLERTON INDIA CREDIT COMPANY LTD. 0.97% (with < 1% exposure) 0.82% 54.15% Rating Profile (% of ) 39.94% MM & 5.43% AA 3.29% AA+ 2.62% Maturity Profile ( % of ) Modified Duration 4.71 yrs 60.67% Top 10 Industry Exposure ( ) Housing Sector 16.06% 2.78% 9.65% 12.27% 14.63% 14.73% < 1 year 1 3 years 3 5 years 5 10 years > 10 years 5.50% Manufacture of Basic Metals 3.11% % Water transport 1.48% 1.47% % Jan 14 Apr 14 Jun 14 Aug 14 Nov 14 Jan 15 Mar 15 Jun 15 Aug 15 Oct 15 Dec 15 Mar 16 May 16 Jul 16 Oct 16 Dec 16 Feb 17 May 17 Jul 17 Sep 17 Nov 17 Feb 18 Individual Life Income Fund 1.30% 0.26% 0.83% 3.00% 5.82% 6.33% 8.31% 1.05% 0.37% 0.14% 4.16% 6.84% 7.51% 8.99%

27 GROUP DEBT FUND - APRIL 2018 To generate stable returns over medium to long term with full exposure in debt market instruments by judicious mix of Government Securities and high quality corporate debt and also in money market instruments. October 6, 2015 ULGF /03/15 SUD GN BN1 142 : CRISIL Composite Bond Index 90% CRISIL Liquid Fund Index 10% For SUD Life Group Retirement Benefit Plan Rs. 9.78Cr Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar 94.84% & SDL (Top 10 Holdings & >1%) 60.10% 70% 100% % 7.16% GOI 20 May % MM & 0% 30% % 8.33% GOI 07 Jun % Mutual Funds 0% 15% % 8.20% Gujarat 24 Jun % Fixed Deposits with Banks 0% 15% % 8.17% GOI 01 Dec % 7.72% GOI 25 May % 7.17% GOI 08 Jan % 8.83% GOI 12 Dec % 6.68% GOI 17 Sept % 8.21% Maharashtra 09 Dec % 8.20% GOI 15 Feb % (with < 1% exposure) 0.00% MM & 5.16% Asset Allocation () AUM (Rs. In Cr) Actual Corporate Bonds (Top 10 Holdings & >1%) 34.75% MRF LTD. 5.37% LIC HOUSING FINANCE LTD 5.21% RELIANCE INDUSTRIES LTD 5.18% RURAL ELECTRIFICATION CORPORATION L 5.07% TATA SONS LTD. 4.16% DEWAN HOUSING FINANCE CORP. LTD. 3.44% HDFC LTD. 3.19% THE GREAT EASTERN SHIPPING CO. LTD. 3.13% (with < 1% exposure) 0.00% Rating Profile (% of ) 94.84% MM & 5.16% Mutual Fund 0.00% Fixed Deposit with Banks 0.00% 63.36% 36.64% Top 10 Industry Exposure ( ) Maturity Profile ( % of ) 11.83% Modified Duration 4.99 yrs 50.94% Housing Sector 24.60% Manufacture of rubber and plastics 5.37% 18.64% 5.82% 5.18% 1 3 years 3 5 years 5 10 years > 10 years 5.07% % Water transport 3.13% % Oct 15 Nov 15 Dec 15 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 Aug 16 Sep 16 Oct 16 Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 Jun 17 Jul 17 Aug 17 Sep 17 Oct 17 Nov 17 Dec 17 Jan 18 Feb 18 Mar 18 Group Fund 1.20% 0.26% 0.54% 3.83% 6.37% NA 6.75% 1.14% 0.29% 0.35% 4.00% 6.84% NA 7.12%

28 DISCONTINUED POLICIES FUND - APRIL 2018 To ensure safety and liquidity of funds and to generate the returns over and above defined regulatory minimum rate of return of 4% per annum. : June 03, 2011 ULIF /06/11 SUD UL DP1 142 CRISIL Short Term Gilt Index 65% & CRISIL Liquid Index 35% * Dhan Suraksha Express, Dhan Suraksha 3, Dhan Suraksha Premium 3 & Prabhat Tara 3,Dhan Rs Cr Suraksha Plus & Wealth Builder Plan Mr. Ram Kamal Samanta / Mr. Lakshman Chettiar & MM % & SDL (Top 10 Holdings & >1%) 92.73% Government Securties 60% 100% % 6.35% GOI 02 Jan % MM & 0% 40% % % GOI 02 Feb % MM & 7.80% GOI 11 Apr % 7.27% Asset Allocation( ) 364 day T Bill 17 Jan % 7.16% GOI 20 May % % GOI 13 Jul % 5.69% GOI 25 Sep % 7.68% GOI 15 Dec % 91 day T Bill 24 May % 8.90% SDL Tamil Nadu 20 Sep % 7.28% GOI 03 Jun % 8.83% GOI 25 Nov % 7.72% GOI 25 May % 9.63% Maharashtra 12 Feb % 8.35% GOI 14 May % 8.24% GOI 15 Feb % % GOI 28 Aug % 9.15% GOI 14 Nov % 8.40% GOI 28 Jul % Govt. Securties 8.49% SDL Karnataka 18 Mar % 92.73% 9.65% SDL Tamil Nadu 12 Mar % 8.30% Maharashtra 25 Mar % 8.27% Kerala 25 Mar % 6.97% GOI 06 Sep % 7.80% GOI 03 May % 8.32% SDL Gujarat 04 Aug % Performance (Since Nov 01, 2011) 8.84% SDL Tamil Nadu 18 Jul % (with < 1% exposure) 5.81% MM & 7.27% Maturity Profile ( % of ) Modified Duration 2.30 yrs % 29.99% 30.77% % % < 1 year 1 3 years 3 5 years 5 10 years > 10 years Nov 11 Feb 12 May 12 Sep 12 Dec 12 Mar 13 Jul 13 Oct 13 Feb 14 May 14 Aug 14 Dec 14 Mar 15 Jul 15 Oct 15 Jan 16 May 16 Aug 16 Nov 16 Mar 17 Jun 17 Oct 17 Jan 18 Discontinued Policies Fund 0.32% 0.87% 1.28% 4.83% 5.76% 6.45% 7.30% 0.33% 0.92% 1.64% 5.64% 6.91% 7.42% 8.00% Note: * Crisil Liquid Index 100% upto May 2013 CRISIL Short Term Gilt Index 65% & CRISIL Liquid Index 35% from June 13 onwards

29 Risk Factors This document has been prepared for providing general information only. Unit Linked Life Insurance are different from traditional insurance and are subject to various risk factors. Unit linked policies are subject to market risks associated with capital markets and s of units may go up or down based on the performance of fund and factors influencing the capital market and the customers have to consider this aspect while taking any decision. Customers should take into account their personal investment objectives, risk appetite and other aspects of their financial situation before making an investment decision. Customers are advised to note that the details are based on past performance and are not indicative of its future prospects or returns. SUD Life shall not be responsible for any losses caused or any claims that arise due to investments made based on this document. All efforts have been made to ensure accuracy of the contents of this document, however, SUD Life shall not be held responsible for any errors or omissions.