Principal Debt Savings Fund - Retail Plan Income over a long term investment horizon. 19 (An Open-ended Income Scheme)

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

3 Fund Manager Commentary Debt Markets January 2016 Fixed Income Update for January 2016 Key Market Highlights: Gilt and corporate bond yields went up in the long end. Short end yields were lower. Money market yields rose as banking system liquidity remained tight. RBI kept key rates unchanged as widely expected at its Monetary Policy Review held on Feb 2nd. RBI also continued to reiterate the accommodative stance maintained as inflation forecasts for January 2016 are broadly expected to be met and growth continues to remain a concern. RBI sounded caution on risks to future inflation trajectory including pay commission recommendations. A new ten year benchmark was issued during the month at 7.59%. It ended higher at 7.66% at end of the month. The old ten year benchmark closed at 7.78, 2 bps higher than previous month. The ten year AAA PSU Corporate bond benchmark closed at 8.42%, 1 bps higher than previous month. The five year PSU AAA corporate bond benchmark closed at 8.37%, 2 bps lower as compared to previous month. 1 year CD rates rose by 15 bps to close at 7.85%. 1 year T-bill yield fell 4 bps to close at 7.18%. Brent Crude oil prices ended lower at USD 33 per barrel during the month as compared to USD 35 in previous month. INR depreciated sharply during the month and closed at as against in previous month. For the month of January, FIIs were net buyers in the debt market to the tune of ` 1,242 crore. The ten year benchmark US treasury yield ended 34 bps lower at 1.92%. December WPI data release came at -0.73% as compared to -1.99% in previous month. CPI for December came at 5.61% compared to 5.41% in previous month. November Industrial production (IIP) growth fell to -3.2% yoy. Banking system liquidity deficit averaged ` 1,31,000 crore approx combined for daily LAF, term and variable LAF and MSF. Overnight rates remained stable around 6.7% -7.10% during the month. RBI announced an OMO (purchase) worth ` 10,000 crore which was fully subscribed and accepted. RBI has also been conducting OMO purchases vis the NDS system as shown by data. India s fiscal deficit was ` 4.9 lakh crore ($71.90 billion) during April-December, or 87.9 per cent of the full-year target, as shown by government data. Outlook: Banking system liquidity deficit is expected to remain high in February as well. It s expected to be in the range of ` 1,20,000 crore to 1,50,000 crore for the month on an average. RBI may announce OMO purchases to inject liquidity on a permanent basis into the banking system. Short term money market yields upto 3 month maturity are expected to remain volatile with upward bias. We expect the 3 months CD rate to trade in range of %. The new ten year benchmark g-sec yield is expected to trade in a range of % during the month. The five year AAA PSU corporate bond benchmark is expected to trade in a range of 8.20%-8.50%. The Union Budget presentation towards end of the month would be the most important event of the month. Government s fiscal deficit target for FY17 would be keenly watched. RBI expects government to remain on the FRBM target path and target fiscal deficit to GDP at 3.5%. 3

4 Fund Manager Commentary Equity Markets January 2016 Review of Equity Market for the Month of January 2016 Those who were looking for a break from 2015 in the new year were disappointed, as January began with a continuation of the trends that prevailed in the second half of 2015, with weak trends prevailing both in China and the commodity markets. As an example, the CSI 300 index of Chinese stocks fell 21% during the month, while the Chinese Yuan weakened 1.3% in the first weak itself. Likewise, Brent crude fell 25% in the first three weeks of the month, and though it recovered thereafter, it still closed 7% down for the month. The CRB index for commodities was down 5.3% for the month, after a recovery during the last week of January. The equity markets went down in line with the fall in commodity prices given that SWFs from some of the oil producing countries have been sellers last year as oil prices remained weak. Hence, offshore funds had redemptions of about USD 9.3 Billion from EMs during the month (JP Morgan PERFORMANCE AS ON JANUARY 29, 2016* Index 1 Month 3 Months 6 Months 1 Year (%) (%) (%) (%) Broad Markets Nifty S&P BSE Sensex S&P BSE S&P BSE S&P BSE S&P BSE MID CAP S&P BSE SMALL CAP Sectoral Performance S&P BSE AUTO S&P BSE Bankex S&P BSE CG S&P BSE CD S&P BSE FMCG S&P BSE METAL S&P BSE Oil & Gas S&P BSE PSU S&P BSE Teck S&P BSE HC *Performance for less than one year period are absolute returns. Source - MFI Explorer data). As far as India was concerned, FIIs had redemptions of USD 1.8 Billion during the month from cash equity markets. Institutional domestic investors were net buyers of equity however, with support coming from both mutual funds (USD 1.0 Billion) and insurance companies (USD 0.89 Billion). The weakness in portfolio likely also impacted the Rupee, which was down 2.50% during the month. As given in the table below, the mid cap and the small cap indices underperformed the large cap indices during the month, given the risk-off environment which prevailed. In terms of sector performance, financials and capital goods were the worst performers, while IT, energy and pharmaceuticals were the best performers. Capital goods sector was impacted by weak order inflows, especially for the larger companies. Banks were impacted by continuing stress on the portfolios, and some private sector lenders also had their stressed asset percentage go up during the quarter. In terms of macroeconomic parameters, the CPI for the month of December came in at 5.6%, led by food items, and by the impact of floods in South India (where m-o-m inflation was much higher than in other parts of the country). The WPI came in at (-) 0.7%, the fourteenth successive month of a negative number. The trade deficit for December grew sharply however, compared to the previous month (USD 11.6 Bio vs USD 9.8 Bio for the previous month). This was driven by non-oil, non-gold imports rising sharply in the month (USD 23.5 Bio vs USD 19.8 Bio). The economy continues to show mixed signals. The rural economy remains underperforming, which is corroborated by a number of NBFCs mentioning that their tractor portfolio continues to show stress. Growth in urban consumption, while it is doing better than rural demand, is also moderate. The two areas where government continues to focus are roads and railways. For the period April-November 2016, the central government spend on roads is ` 56,000 crore, up 62% yoy (CSFB data). The earnings for the narrower indices should grow 13%-15% in FY 17, which would make India one of the markets with better earnings growth. However, over the near term, the global events and capital flows, and domestic events like the union budget will be watched by the participants. 4

5 Funds at a Glance EQUITY SCHEMES Particulars Principal Principal Emerging Principal Principal Principal Principal Large Cap Fund Bluechip Fund Growth Fund Dividend Yield Fund Index Fund - Nifty Index Fund - Midcap Nature of the An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended An Open-ended Scheme Equity Scheme Equity Scheme Equity Scheme Equity Scheme Index Scheme Index Scheme Allotment Date - Regular Plan November 11, 2005 November 12, 2008 October 25, 2000 October 15, 2004 July 27, 1999 May 12, Direct Plan January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 May 12, 2014 Investment Plans / Regular Plan & Direct Plan. Both the Plans offer Growth & Half Yearly Dividend Option. Regular Plan & Direct Plan. Both the Plans offer Options Half Yearly Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep. Growth & Dividend Option. Dividend Option under both the Plans offers facility of Payout, Reinvestment and Sweep. Fund Manager & Anupam Tiwari Dhimant Shah P.V.K. Mohan Dhimant Shah Rajat Jain Rajat Jain Managing the July 2011 June 2011 September 2010 December 2011 August 2015 August 2015 Current Fund from Total Investment 10 years 24 years 22 years 24 years 26 years 26 years Experience Benchmark S&P BSE 100 Index Nifty Midcap 100 Index S&P BSE 200 Index Nifty Dividend Nifty 50 Index Nifty Midcap 100 Index Opportunities 50 Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time# 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load If redeemed on or before 1 Year from the 1% - If redeemed within If redeemed on or before 1% - if redeemed on or before 90 days (including SIP /STP/ date of allotment - 1% 365 days from the 1 Year from the from the date of allotment; SWP, if available) date of allotment. date of allotment - 1% Nil - if redeemed after 90 days from the Nil - If redeemed after date of allotment. 365 days from the date of allotment. SIP / SWP / STP Available Minimum No. & 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. Amt. of SIP/SWP/STP (if available) EQUITY SCHEME EQUITY LINKED SAVINGS SCHEME (ELSS)^ TARGET RISK FUNDS Particulars Principal Principal Personal Principal Principal Principal Debt Savings Fund - SMART Equity Fund Tax Saver Fund Tax Savings Fund Balanced Fund Monthly Income Plan Nature of the An Open-ended An Open-ended Equity An Open-ended Equity An Open-ended An Open-ended Income Fund Scheme Equity Scheme Linked Savings Scheme Linked Savings Scheme Balanced Scheme (Monthly Income is not assured and is subject to the availability of distributable surplus) Allotment Date - Regular Plan December 16, 2010 March 31, 1996 March 31, 1996 January 14, 2000 May 23, Direct Plan January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 Investment Plans / Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan & Direct Plan. Regular Plan and Direct Plan. Regular Plan & Direct Plan. Options Both the Plans offer Growth & Both the Plan do not have Both the Plan do not have Both the Plans offer Growth & Both the Plans offer Half Yearly Dividend Option. any options at present. any options at present. Half Yearly Dividend Option. Dividend & Growth Option. Half Yearly Dividend Option Half Yearly Dividend Option Dividend Frequencies - under both the Plans offers under both the Plan offers Monthly / Quarterly facility of Payout, Reinvestment facility of Payout,Reinvestment and Sweep. and Sweep. Fund Manager & Anupam Tiwari Anupam Tiwari P.V.K. Mohan P.V.K. Mohan Pankaj Jain Managing the July 2011 July 2011 September 2010 May 2010 January 2012 Current Fund from Total Investment 10 years 10 years 22 years 22 years 13 years Experience Benchmark Crisil Balanced Fund Index S&P BSE 100 Index S&P BSE 200 Index Crisil Balanced Fund Index Crisil MIP Blended Index Minimum New Investor: ` 5,000 New Investor: ` 500 New Investor: ` 500 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 500 Existing Investor: ` 500 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time# 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load 1% if redeemed Nil Nil If redeemed on or before 1 Year from the (including SIP /STP/ within 1 year from the date of allotment - 1%. SWP, if available) date of allotment. SIP Available SWP / STP Available Available after lock-in period Available Available Minimum No. & 6 installment of 6 installments of ` 500/- each. 6 installment of SIP - ` 2,000/- each, STP - ` 1,000/- each Amt. of SIP/SWP/STP SIP - ` 2,000/- each, & SWP - ` 500/- each. (if available) STP - ` 1,000/- each & SWP - ` 500/- each. # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped). ^ Lock-in of 3 years. 5

6 Funds at a Glance (Contd.) DEBT SCHEMES Particulars Principal Government Principal Dynamic Principal Debt Opportunities Principal Income Fund - Principal Securities Fund Bond Fund Fund - Corporate Bond Plan Short Term Plan Bank CD Fund Nature of the An Open-ended dedicated An Open-ended An Open-ended An Open-ended An Open-ended Scheme Gilt Scheme investing in Income Scheme Debt Scheme Income Scheme Debt Scheme Government Securities Allotment Date - Regular Plan August 23, 2001 May 09, 2003 September 14, 2004 May 09, 2003 November 6, Direct Plan January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 January 2, 2013 Investment Plans / Options Regular Plan and Direct Plan. Both the Plans offer Dividend & Growth Option. Dividend Frequencies Quarterly / Annual Quarterly / Annual Monthly Monthly Monthly Fund Manager & Bekxy Kuriakose Bekxy Kuriakose Bekxy Kuriakose Gurvinder Singh Wasan Gurvinder Singh Wasan Managing the October 2012 Janaury 2013 Janaury 2013 April 2011 April 2011 Current Fund from Total Investment 14 years 14 years 14 years 12 years 12 years Experience Benchmark I-Sec Composite Index Crisil Composite Bond Crisil Liquid Fund Index CRISIL Short-Term Bond Crisil Liquid Fund Index Fund Index Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time Subscription # 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Redemption 3.00 pm 3.00 pm 3.00 pm 3.00 pm 3.00 pm Exit Load Nil If redeemed on or 0.50% - if redeemed on or If redeemed within 1% - if redeemed within 180 (including SIP /STP/ before 1 Year from the before 90 days from the 30 days from the days from the date of allotment; SWP, if available) date of allotment - 1%. date of allotment; date of allotment % 0.50% - if redeemed after Nil - if redeemed after 90 days from the date of allotment. 180 days but within 270 days from the date of allotment; 0.25% - if redeemed after 270 days but within 365 days from the date of allotment; Nil - if redeemed after 365 days from the date of allotment. SIP / SWP / STP Minimum number & Amount of SIP/ SWP/STP (if available) Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped). 6

7 Funds at a Glance (Contd.) DEBT SCHEMES LIQUID SCHEME* Particulars Principal Debt Opportunities Principal Principal Retail Principal Debt Savings Principal Global Fund - Conservative Plan Cash Management Fund Money Manager Fund ~ Fund - Retail Plan~ Opportunities Fund Nature of the An Open-ended Debt Scheme An Open-ended Liquid Scheme An Open-ended Debt Scheme An Open-ended Income Fund An Open-ended Scheme Fund of Funds Scheme Allotment Date - Regular Plan September 14, 2004 August 30, 2004 December 28, 2007 December 30, 2003 March 29, Direct Plan January 2, 2013 January 1, 2013 January 1, 2013 January 2, 2013 January 2, 2013 Investment Plans/ Regular Plan and Direct Plan. Regular Plan and Direct Plan. Growth & Dividend Regular Plan and Direct Plan. Regular Plan & Direct Plan. Options/ Both the Plans offer Both the Plans offer Both the Plans offer Both the Plans offer Both the Plans offer Dividend & Growth Option. Dividend & Growth Option. Dividend & Growth Option. Dividend ~ and Growth Option. Growth & Dividend Option. Dividend Frequencies Dividend Frequency - Dividend Frequency - Dividend Frequency - Dividend Frequency - Dividend Option under both Daily / Weekly / Monthly Daily / Weekly / Monthly Regular Plan ~ : Monthly / Quarterly the Plan offers facility of Daily / Weekly / Monthly. Payout, Reinvestment and Direct Plan: Monthly Sweep. (Reinvestment) Fund Manager & Pankaj Jain Pankaj Jain Pankaj Jain Pankaj Jain Rajat Jain Managing the January 2012 January 2012 January 2012 January 2012 March 2004 Current Fund from Total Investment 13 years 13 years 13 years 13 years 26 years Experience Benchmark Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil Short Term MSCI World Index Bond Fund Index Minimum New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 5,000 New Investor: ` 10,000 Application Amount Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Existing Investor: ` 1,000 Cut Off Time Subscription# 3.00 pm 2.00 pm 3.00 pm 3.00 pm pm Redemption 3.00 pm 3.00 pm 3.00 pm 3.00 pm pm Exit Load Nil Nil Nil If redeemed on or before If redeemed on or before (including SIP /STP/ 30 days from the 1 Year from the SWP, if available) date of allotment - 1%. date of allotment - 1%. SIP / SWP / STP Available Minimum number 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. & Amount of SIP/ SWP/STP (if available) RETAIL SCHEMES FUND OF FUNDS SCHEME FUND OF FUNDS SCHEME Particulars Principal Asset Allocation Fund-of-Funds Principal Asset Allocation Fund-of-Funds Principal Asset Allocation Fund-of-Funds Conservative Plan Moderate Plan Aggressive Plan Nature of the Scheme An Open-ended Fund-of-Funds Scheme An Open-ended Fund-of-Funds Scheme An Open-ended Fund-of-Funds Scheme Allotment Date Regular Sub-Plan & December 14, 2015 December 14, 2015 December 14, 2015 Direct Sub-Plan Investment Plans/Option Regular Sub-Plan & Direct sub-plan. Both the Plans offer Growth Option. Fund Manager & Rajat Jain - December 2015 Rajat Jain - December 2015 Rajat Jain - December 2015 Managing the Current Fund from Total Investment 26 years 26 years 26 years Experience Composite Benchmark 85% CRISIL Short Term Bond Fund Index and 60% CRISIL Short Term Bond Fund Index and 20% CRISIL Short Term Bond Fund Index and Consisting of 15% Nifty 50 40% Nifty 50 80% Nifty 50 Min. Application Amt. New Investor: ` 5,000 Existing Investor: ` 1,000 New Investor: ` 5,000 Existing Investor: ` 1,000 New Investor: ` 5,000 Existing Investor: ` 1,000 Cut Off Time # 3.00 pm 3.00 pm 3.00 pm Exit Load NIL (including SIP /STP / No exit load will be applicable for switches between the 3 plans i.e. Conservative Plan, Moderate Plan and Aggressive Plan of the Scheme. SWP, if available) SIP / SWP / STP Min. number & Amount of SIP/SWP/STP Available 6 installments of SIP - ` 2,000/- each, STP - ` 1,000/- each & SWP - ` 500/- each. * In respect of Liquid Scheme(s) applicable shall be subject to receipt of valid application/switch-in request at the OPT and credit of entire subscription/switch-in amounts into the Bank Account of the concerning Scheme(s)/ Plan(s) and funds are available for utilization by the Scheme(s)/Plan(s), within relevant cut-off time as applicable to the relevant Scheme(s)/Plan(s). # In respect of purchase/switch-in of units in any of the Schemes (other than Liquid Schemes) for an amount equal to or more than ` 2 Lakhs, the closing (Net Asset Value) of the day shall be applicable subject to realisation of the funds upto 3.00 p.m. and receipt of application (duly time stamped). ~ Subscriptions (by way of purchase / switch in or in any mode) is restricted only for individual investors (including HUFs, Association of Persons & where an individual is an ultimate beneficiary). Further, (a) Daily & Weekly Dividend Option and the Payout & Sweep facility to Monthly Dividend Option under Regular Plan of Principal Retail Money Manager Fund and (b) Dividend Option under Regular Plan of Principal Debt Savings Fund - Retail Plan. Direct Plan under the Scheme do not offer this Options. 7

8 Principal Large Cap Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Per Unit (As on January 29, 2016): Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE To provide capital appreciation and /or dividend distribution by predominantly investing in companies having a large market capitalization. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 24, December 29, June 24, N.A. N.A. July 28, N.A. N.A. February 5, N.A. N.A. May 15, N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. RATIOS & OTHER DETAILS (As on January 31, 2016) Standard Deviation^ (Annualised) 15.82% Beta^ 0.97 Sharpe Ratio^ (Annualised) 0.32 Portfolio Turnover Ratio** 0.74 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7% risk free rate of return (1 days - MIBOR Rate as on Jan. 29, 2016). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # MTD ratio to Average AUM including Service Tax on Management Fees which is over and above to TER & proportionate charge in respect of sales beyond T-15 cities subject to maximum of 30 bps on daily net assets. MARKET CAP ALLOCATION (As on January 31, 2016) % of Equity & Equity Related Instruments of Large Cap Companies Equity & Equity Related Instruments of Mid Cap & Other Companies Mutual Funds 0.76 Cash and Other Assets Instrument Industry % of Equity Tata Motors Auto 4.71 Maruti Suzuki India Auto 2.34 Bajaj Auto Auto 1.56 Tata Motors - A Class Auto 0.86 Motherson Sumi Systems Auto Ancillaries 0.98 HDFC Bank Banks 7.21 State Bank of India Banks 2.89 ICICI Bank Banks 2.68 IndusInd Bank Banks 2.50 Kotak Mahindra Bank Banks 1.80 Axis Bank Banks 1.01 Shree Cements Cement 3.07 UltraTech Cement Cement 2.10 Century Textiles & Industries Cement 0.76 The Ramco Cements Cement 0.45 Larsen & Toubro Construction Project 1.95 Britannia Industries Consumer Non Durables 2.59 ITC Consumer Non Durables 1.49 Colgate Palmolive (India) Consumer Non Durables 1.29 Housing Development Finance Corpn. Finance 3.74 Cholamandalam Investment and Finance Company Finance 0.07 The Indian Hotels Company Hotels, Resorts & 0.95 Other Recreational Activities Mahindra Holidays & Resorts India Hotels, Resorts & 0.69 Other Recreational Activities Alstom T&D India Industrial Capital Goods 0.73 Bharat Electronics Industrial Capital Goods 0.15 Dish TV India Media & Entertainment 0.82 D.B.Corp Media & Entertainment 0.10 Coal India Minerals/Mining 1.03 National Aluminium Company Non - Ferrous Metals 0.80 Reliance Industries Petroleum Products 1.96 Hindustan Petroleum Corporation Petroleum Products 1.72 Bharat Petroleum Corporation Petroleum Products 1.34 Divi s Laboratories Pharmaceuticals 3.90 Sun Pharmaceuticals Industries Pharmaceuticals 3.60 Abbott India Pharmaceuticals 2.96 Natco Pharma Pharmaceuticals 2.55 Aurobindo Pharma Pharmaceuticals 1.30 Power Grid Corporation of India Power 1.15 Aditya Birla Fashion and Retail Retailing 0.97 Aditya Birla Nuvo Services 0.73 Infosys Software 8.11 HCL Technologies Software 2.32 Tata Consultancy Services Software 1.51 Hexaware Technologies Software 0.99 Adani Ports and Special Economic Zone Transportation 1.21 Investment Funds/Mutual Funds Principal Cash Management Fund - Mutual Funds Direct Plan - Growth Option Cash and Other Assets 0.76 SECTOR ALLOCATION (TOP 10) (As on January 31, 2016) Banks 18.09% Pharmaceuticals Software 14.31% 12.93% Auto 9.47% Cement Consumer Non Durables Petroleum Products Finance 6.38% 5.37% 5.02% 3.81% Construction Project Hotels, Resorts & Other Recreational Activities 1.95% 1.64% 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% (% of ) 8

9 Principal Emerging Bluechip Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Per Unit (As on January 29, 2016): Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE: To achieve long-term capital appreciation by investing in equity & equity related instruments of Mid Cap & Small Cap companies. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend June 24, December 29, October 15, N.A. N.A. June 19, N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. RATIOS & OTHER DETAILS (As on January 31, 2016) Standard Deviation^ (Annualised) 18.94% Beta^ 0.92 Sharpe Ratio^ (Annualised) 0.86 Portfolio Turnover Ratio** 0.67 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7% risk free rate of return (1 days - MIBOR Rate as on Jan. 29, 2016). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # MTD ratio to Average AUM including Service Tax on Management Fees which is over and above to TER & proportionate charge in respect of sales beyond T-15 cities subject to maximum of 30 bps on daily net assets. MARKET CAP ALLOCATION (As on January 31, 2016) % of Equity and equity related instruments of Mid Cap Companies Equity and equity related instruments of Small Cap Companies Equity and equity related instruments of Companies other than Mid & Small Cap 8.74 Cash and Money Market / Fixed Income Securities (including MIBOR Linked Short Term Papers & Securitised Debt) Mutual Funds 1.88 Derivatives 1.26 Market Cap Range for Nifty Midcap 100 Stocks As on December 31, 2015 ` 1,04, Cr ` 3, Crs Atul Chemicals 1.12 Tata Chemicals Chemicals 1.11 Pidilite Industries Chemicals 0.98 National Buildings Construction Corporation Construction 1.34 Kajaria Ceramics Construction 1.29 PNC Infratech Construction 1.06 Sadbhav Engineering Construction Project 2.58 Voltas Construction Project 1.36 KEC International Construction Project 1.15 Symphony Consumer Durables 2.02 Bata India Consumer Durables 1.16 Britannia Industries Consumer Non Durables 2.89 Triveni Engineering & Industries Consumer Non Durables 1.72 Balrampur Chini Mills Consumer Non Durables 1.03 Bajaj Finance Finance 1.84 SKS Microfinance Finance 1.14 Gujarat State Petronet Gas 1.62 Petronet LNG Gas 0.75 Texmaco Rail & Engineering Industrial Capital Goods 0.99 Inox Wind Industrial Capital Goods 0.90 Mold-Tek Packaging Industrial Products 1.54 Ramkrishna Forgings Industrial Products 1.23 AIA Engineering Industrial Products 1.09 Bharat Forge Industrial Products 1.02 Finolex Industries Industrial Products 0.92 FAG Bearings India Industrial Products 0.69 Finolex Cables Industrial Products 0.48 Dish TV India Media & Entertainment 0.94 Hindustan Zinc Non - Ferrous Metals 0.90 UPL Pesticides 1.02 Hindustan Petroleum Corporation Petroleum Products 3.07 Indian Oil Corporation Petroleum Products 0.59 Aurobindo Pharma Pharmaceuticals 3.03 Divi's Laboratories Pharmaceuticals 2.84 Torrent Pharmaceuticals Pharmaceuticals 1.94 Natco Pharma Pharmaceuticals 1.63 Glenmark Pharmaceuticals Pharmaceuticals 1.40 Aditya Birla Fashion and Retail Retailing 0.87 Aditya Birla Nuvo Services 0.66 Infosys Software 2.24 Persistent Systems Software 0.77 Cyient Software 0.62 Tata Communications Telecom - Services 1.06 SRF Textile Products 1.88 Vardhman Textiles Textiles - Cotton 1.33 Gateway Distriparks Transportation 2.01 Spicejet Ltd Transportation 0.88 Transport Corporation of India Transportation 0.84 Navkar Corporation Transportation 0.50 Derivatives 1.26 Indraprastha Gas Feb 2016 Stock Futures 0.49 Indian Oil Corporation Feb 2016 Stock Futures 0.49 ICICI Bank Feb 2016 Stock Futures 0.24 State Bank of India Feb 2016 Stock Futures 0.04 Investment Funds/Mutual Funds 1.88 Principal Cash Management Fund - Mutual Funds 1.74 Direct Plan - Growth Option Principal Index Fund - Midcap - Mutual Funds 0.14 Direct Plan - Growth Cash and Other Assets Instrument Industry % of Equity Eicher Motors Auto 3.82 Amara Raja Batteries Auto Ancillaries 3.30 Motherson Sumi Systems Auto Ancillaries 2.57 MRF Auto Ancillaries 1.82 Gabriel India Auto Ancillaries 1.16 Dynamatic Technologies Auto Ancillaries 0.91 IndusInd Bank Banks 3.20 Kotak Mahindra Bank Banks 2.13 ICICI Bank Banks 1.80 HDFC Bank Banks 1.77 The Federal Bank Banks 1.20 State Bank of India Banks 0.80 Shree Cements Cement 2.59 Orient Cement Cement 1.60 The Ramco Cements Cement 1.42 Navin Fluorine International Chemicals 1.51 (% of ) SECTOR ALLOCATION (TOP 10) (As on January 31, 2016) Banks Pharmaceuticals 10.90% 10.84% Auto Ancillaries 9.76% Industrial Products 6.97% Consumer Non Durables Cement Construction Project Chemicals Transportation Auto 5.64% 5.61% 5.09% 4.72% 4.23% 3.82% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 9

10 Principal Growth Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Per Unit (As on January 29, 2016): Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE: To achieve long-term capital appreciation. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 24, December 29, December 31, N.A. N.A. March 20, N.A. N.A. Past performance may or may not be sustained in the future. * On face value of ` 10. Note: All Dividend (`/Unit) figures are Gross Dividend. RATIOS & OTHER DETAILS (As on January 31, 2016) Standard Deviation^ (Annualised) 18.17% Beta^ 1.11 Sharpe Ratio^ (Annualised) 0.50 Portfolio Turnover Ratio** 0.67 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7% risk free rate of return (1 days - MIBOR Rate as on Jan. 29, 2016). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # MTD ratio to Average AUM including Service Tax on Management Fees which is over and above to TER & proportionate charge in respect of sales beyond T-15 cities subject to maximum of 30 bps on daily net assets. Instrument Industry % of Equity Tata Motors Auto 2.78 Bajaj Auto Auto 2.10 Maruti Suzuki India Auto 1.46 Escorts Auto 1.30 Asahi India Glass Auto Ancillaries 1.00 Motherson Sumi Systems Auto Ancillaries 0.89 HDFC Bank Banks 6.07 ICICI Bank Banks 2.98 State Bank of India Banks 2.08 Bank of Baroda Banks 1.50 Kotak Mahindra Bank Banks 1.25 Axis Bank Banks 1.04 The Federal Bank Banks 0.95 The Ramco Cements Cement 2.33 Century Textiles & Industries Cement 1.92 UltraTech Cement Cement 1.60 JK Cement Cement 1.50 The India Cements Cement 1.14 IRB Infrastructure Developers Construction 1.02 DLF Construction 0.91 Prestige Estates Projects Construction 0.86 Mile Stone Global Construction 0.02 Ashoka Buildcon Construction Project 1.23 KEC International Construction Project 0.94 Larsen & Toubro Construction Project 0.90 Hindustan Construction Company Construction Project 0.87 ITC Consumer Non Durables 1.74 Britannia Industries Consumer Non Durables 1.70 Bombay Burmah Trading Corporation Consumer Non Durables 1.23 United Spirits Consumer Non Durables 0.73 Balrampur Chini Mills Consumer Non Durables 0.52 Housing Development Finance Corporation Finance 2.15 Dewan Housing Finance Corporation Finance 1.72 L&T Finance Holdings Finance 0.95 Rural Electrification Corporation Finance 0.93 Indraprastha Gas Gas 0.89 Mahindra Holidays & Resorts India Hotels, Resorts & 1.96 Other Recreational Activities The Indian Hotels Company Hotels, Resorts & 1.25 Other Recreational Activities Jain Irrigation Systems Industrial Products 1.52 Coal India Minerals/Mining 0.85 Hindustan Zinc Non - Ferrous Metals 0.74 National Aluminium Company Non - Ferrous Metals 0.70 Reliance Industries Petroleum Products 3.82 Hindustan Petroleum Corporation Petroleum Products 0.76 Abbott India Pharmaceuticals 1.56 Sun Pharmaceuticals Industries Pharmaceuticals 1.53 Cipla Pharmaceuticals 1.49 Natco Pharma Pharmaceuticals 1.24 Aurobindo Pharma Pharmaceuticals 1.08 Glenmark Pharmaceuticals Pharmaceuticals 0.69 RattanIndia Power Power 0.99 Kalpataru Power Transmission Power 0.98 Aditya Birla Fashion and Retail Retailing 0.70 Aditya Birla Nuvo Services 0.53 Infosys Software 5.72 HCL Technologies Software 2.68 Firstsource Solutions Software 2.08 Tata Consultancy Services Software 1.07 Tata Communications Telecom - Services 1.60 Bharti Airtel Telecom - Services 1.19 SRF Textile Products 1.38 Spicejet Ltd Transportation 1.30 Navkar Corporation Transportation 1.02 Gateway Distriparks Transportation 1.01 Jet Airways (India) Transportation 0.95 Investment Funds/Mutual Funds 3.62 Principal Cash Management Fund - Direct Plan - Growth Option Mutual Funds 2.63 Principal Index Fund - Midcap - Direct Plan - Growth Mutual Funds 0.99 Cash and Other Assets 0.79 SECTOR ALLOCATION (TOP 10) (As on January 31, 2016) Banks 15.87% Software 11.55% Cement Auto Pharmaceuticals Consumer Non Durables Finance Petroleum Products Transportation Construction Project 8.49% 7.64% 7.59% 5.92% 5.75% 4.58% 4.28% 3.94% 0.00% 5.00% 10.00% 15.00% 20.00% (% of ) 10

11 Principal Dividend Yield Fund (An open-ended equity scheme) MAAUM: ` crore AUM: ` crore Per Unit (As on January 29, 2016): Direct Plan Regular Plan Growth Option : ` ` Dividend Option (Half yearly) : ` ` INVESTMENT OBJECTIVE To provide capital appreciation and / or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield. DIVIDEND UPDATE Date Regular Plan Direct Plan Dividend Cum Dividend Cum (`/Unit)* Dividend (`/Unit)* Dividend December 29, October 12, N.A. N.A. April 24, N.A. N.A. October 3, N.A. N.A. April 20, N.A. N.A. * On face value of ` 10. Past performance may or may not be sustained in the future. Note: All Dividend (`/Unit) figures are Gross Dividend. RATIOS & OTHER DETAILS (As on January 31, 2016) Standard Deviation^ (Annualised) 17.14% Beta^ 0.86 Sharpe Ratio^ (Annualised) 0.08 Portfolio Turnover Ratio** 0.48 Expense Ratio # Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7% risk free rate of return (1 days - MIBOR Rate as on Jan. 29, 2016). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. # MTD ratio to Average AUM including Service Tax on Management Fees which is over and above to TER & proportionate charge in respect of sales beyond T-15 cities subject to maximum of 30 bps on daily net assets. Instrument Industry % of Equity Hero MotoCorp Auto 4.60 Bajaj Auto Auto 4.55 Maruti Suzuki India Auto 3.54 Tata Motors - A Class Auto 2.35 SML Isuzu Auto 2.35 Shivam Autotech Auto Ancillaries 1.78 Asahi India Glass Auto Ancillaries 0.15 HDFC Bank Banks 3.76 ICICI Bank Banks 3.10 State Bank of India Banks 2.90 IndusInd Bank Banks 1.50 Kotak Mahindra Bank Banks 1.27 The Federal Bank Banks 1.07 Bank of Baroda Banks 0.97 Dalmia Bharat Cement 2.29 UltraTech Cement Cement 2.09 Tata Chemicals Chemicals 1.04 National Buildings Construction Corporation Construction 1.85 KEC International Construction Project 1.59 Hindustan Unilever Consumer Non Durables 5.33 Colgate Palmolive (India) Consumer Non Durables 3.32 ITC Consumer Non Durables 3.27 VST Industries Consumer Non Durables 2.21 EID Parry India Fertilisers 0.99 Bajaj Holdings & Investment Finance 2.79 Cholamandalam Investment and Finance Company Finance 0.11 Gujarat State Petronet Gas 1.89 Cummins India Industrial Products 1.72 Hindustan Zinc Non - Ferrous Metals 1.02 Oil & Natural Gas Corporation Oil 3.59 PI Industries Pesticides 1.87 Hindustan Petroleum Corporation Petroleum Products 3.90 Bharat Petroleum Corporation Petroleum Products 3.37 Reliance Industries Petroleum Products 2.94 Castrol India Petroleum Products 2.48 Aurobindo Pharma Pharmaceuticals 1.32 Sun Pharmaceuticals Industries Pharmaceuticals 0.78 Infosys Software 2.95 HCL Technologies Software 2.23 Tata Consultancy Services Software 1.05 Cyient Software 0.13 SRF Textile Products 2.16 Welspun India Textile Products 2.06 Gateway Distriparks Transportation 1.84 Derivatives 0.74 Indraprastha Gas Feb 2016 Stock Futures 0.74 Investment Funds/Mutual Funds 1.00 Principal Cash Management Fund - Mutual Funds 1.00 Direct Plan- Growth Option Cash and Other Assets 0.19 SECTOR ALLOCATION (TOP 10) (As on January 31, 2016) Auto Banks Consumer Non Durables Petroleum Products Software Cement Textile Products Oil Finance Pharmaceuticals 6.36% 4.38% 4.22% 3.59% 2.90% 2.10% 14.57% 14.13% 12.69% 17.39% 0.00% 5.00% 10.00% 15.00% 20.00% (% of ) 11

12 Principal Index Fund - Nifty (An open-ended index scheme) MAAUM: ` crore AUM: ` crore Per Unit (As on January 29, 2016): Direct Plan Regular Plan Growth Option : ` ` Dividend Option : ` ` INVESTMENT OBJECTIVE To invest principally in securities that comprise Nifty 50 and subject to tracking errors endeavour to attain results commensurate with the Nifty 50. DIVIDEND UPDATE (REGULAR PLAN) Date Dividend (`/Unit)* Cum Dividend December 24, * On face value of ` 10. Past performance may or may not be sustained in the future. Note: All Dividend (`/Unit) figures are Gross Dividend. RATIOS & OTHER DETAILS (As on January 31, 2016) Standard Deviation^ (Annualised) 15.30% Beta^ 0.99 Sharpe Ratio^ (Annualised) 0.12 Portfolio Turnover Ratio** 0.26 Expense Ratio Direct Plan % Regular Plan % Note: ^ The above measures have been calculated by taking rolling returns for a 3 year period with 7% risk free rate of return (1 days - MIBOR Rate as on Jan. 29, 2016). ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. TRACKING DEVIATION 0.12%* * Trailing 12 months ended Jan. 31, 2016 (Annualized). Instrument Industry % of Equity Tata Motors Auto 2.41 Mahindra & Mahindra Auto 2.11 Maruti Suzuki India Auto 2.01 Bajaj Auto Auto 1.18 Hero MotoCorp Auto 1.16 Bosch Auto Ancillaries 0.58 HDFC Bank Banks 7.70 ICICI Bank Banks 4.95 Kotak Mahindra Bank Banks 2.61 Axis Bank Banks 2.53 State Bank of India Banks 2.06 IndusInd Bank Banks 1.68 Yes Bank Banks 0.90 Bank of Baroda Banks 0.43 Punjab National Bank Banks 0.25 UltraTech Cement Cement 1.07 Grasim Industries Cement 0.80 Ambuja Cements Cement 0.56 ACC Cement 0.43 Larsen & Toubro Construction Project 3.34 ITC Consumer Non Durables 6.67 Hindustan Unilever Consumer Non Durables 2.15 Asian Paints Consumer Non Durables 1.45 Tata Steel Ferrous Metals 0.61 Housing Development Finance Corporation Finance 6.90 GAIL (India) Gas 0.63 Bharat Heavy Electricals Industrial Capital Goods 0.46 Zee Entertainment Enterprises Media & Entertainment 0.85 Coal India Minerals/Mining 1.52 Hindalco Industries Non - Ferrous Metals 0.33 Vedanta Non - Ferrous Metals 0.29 Oil & Natural Gas Corporation Oil 1.50 Cairn India Oil 0.26 Reliance Industries Petroleum Products 6.33 Bharat Petroleum Corporation Petroleum Products 0.85 Sun Pharmaceuticals Industries Pharmaceuticals 3.52 Lupin Pharmaceuticals 1.52 Dr. Reddy s Laboratories Pharmaceuticals 1.46 Cipla Pharmaceuticals 1.10 Power Grid Corporation of India Power 1.20 NTPC Power 1.09 Tata Power Company Power 0.40 Infosys Software 8.61 Tata Consultancy Services Software 4.56 HCL Technologies Software 1.78 Wipro Software 1.34 Tech Mahindra Software 1.13 Bharti Airtel Telecom - Services 1.48 Idea Cellular Telecom - Services 0.43 Adani Ports and Special Economic Zone Transportation 0.71 Cash and Other Assets 0.11 SECTOR ALLOCATION (TOP 10) (As on January 31, 2016) Banks 23.11% Software 17.42% Consumer Non Durables Auto Pharmaceuticals Petroleum Products Finance 10.27% 8.87% 7.60% 7.18% 6.90% Construction Project Cement Power 3.34% 2.86% 2.69% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% (% of ) 12

13 Principal Index Fund - Midcap (An open-ended index scheme) MAAUM: ` crore AUM: ` crore Per Unit (As on January 29, 2016): Direct Plan Regular Plan Growth Option : ` ` Dividend Option : ` ` INVESTMENT OBJECTIVE To invest principally in securities that comprise Nifty Midcap 100 and subject to tracking errors endevour to attain results commensurate with the Nifty Midcap 100. RATIOS & OTHER DETAILS (As on January 31, 2016) Portfolio Turnover Ratio** 0.69 Expense Ratio Direct Plan % Regular Plan % ** The Portfolio Turnover Rate (PTR) means the lower of aggregate sales or purchases made during the 12 month rolling year/period divided by the 12 month rolling year/period Average asset under Management for the relevant year/period. Instrument Industry % of Equity Ashok Leyland Auto 2.21 TVS Motor Company Auto 1.03 MRF Auto Ancillaries 1.51 Amara Raja Batteries Auto Ancillaries 1.20 Exide Industries Auto Ancillaries 0.96 Apollo Tyres Auto Ancillaries 0.73 Karur Vysya Bank Banks 0.92 Union Bank of India Banks 0.57 Canara Bank Banks 0.48 The South Indian Bank Banks 0.43 IDBI Bank Banks 0.39 Bank of India Banks 0.37 DCB Bank Banks 0.32 Shree Cements Cement 1.60 The Ramco Cements Cement 0.93 Century Textiles & Industries Cement 0.48 Jaiprakash Associates Cement 0.23 Pidilite Industries Chemicals 1.53 Tata Chemicals Chemicals 1.09 DLF Construction 0.75 IRB Infrastructure Developers Construction 0.63 Housing Development and Infrastructure Construction 0.34 Voltas Construction Project 1.15 NCC Construction Project 0.37 Rajesh Exports Consumer Durables 1.72 Havells India Consumer Durables 1.24 Bata India Consumer Durables 0.50 Britannia Industries Consumer Non Durables 2.78 Marico Consumer Non Durables 2.01 GlaxoSmithKline Consumer Healthcare Consumer Non Durables 1.18 Emami Consumer Non Durables 1.09 Procter & Gamble Hygiene and Health Care Consumer Non Durables 0.93 Tata Global Beverages Consumer Non Durables 0.91 United Breweries Consumer Non Durables 0.90 Kansai Nerolac Paints Consumer Non Durables 0.76 Jubilant Foodworks Consumer Non Durables 0.60 Godrej Industries Consumer Non Durables 0.52 JSW Steel Ferrous Metals 1.94 Steel Authority of India Ferrous Metals 0.77 Jindal Steel & Power Ferrous Metals 0.39 Bajaj Finance Finance 2.16 Bajaj Finserv Finance 1.97 Power Finance Corporation Finance 1.30 SKS Microfinance Finance 1.01 Mahindra & Mahindra Financial Services Finance 0.99 Reliance Capital Finance 0.76 CRISIL Finance 0.74 L&T Finance Holdings Finance 0.54 Dewan Housing Finance Corporation Finance 0.51 Petronet LNG Gas 1.29 Gujarat State Petronet Gas 0.69 Indraprastha Gas Gas 0.68 Apollo Hospitals Enterprise Healthcare Services 1.96 The Indian Hotels Company Hotels, Resorts & 0.99 Other Recreational Activities Siemens Industrial Capital Goods 1.59 Bharat Electronics Industrial Capital Goods 1.29 Suzlon Energy Industrial Capital Goods 1.00 ABB India Industrial Capital Goods 0.90 Thermax Industrial Capital Goods 0.62 Sintex Industries Industrial Products 0.42 Sun TV Network Media & Entertainment 0.65 NMDC Minerals/Mining 1.12 Hindustan Zinc Non - Ferrous Metals 0.66 Oil India Oil 0.87 Indian Oil Corporation Petroleum Products 3.46 Hindustan Petroleum Corporation Petroleum Products 2.36 Divi's Laboratories Pharmaceuticals 2.53 Glenmark Pharmaceuticals Pharmaceuticals 1.89 Piramal Enterprises Pharmaceuticals 1.41 Cadila Healthcare Pharmaceuticals 1.37 Strides Shasun Pharmaceuticals 1.26 Torrent Pharmaceuticals Pharmaceuticals 1.19 IPCA Laboratories Pharmaceuticals 0.80 Natco Pharma Pharmaceuticals 0.73 Sanofi India Pharmaceuticals 0.68 Wockhardt Pharmaceuticals 0.63 Biocon Pharmaceuticals 0.60 Alembic Pharmaceuticals Pharmaceuticals 0.53 Ajanta Pharma Pharmaceuticals 0.51 Sun Pharma Advanced Research Company Pharmaceuticals 0.37 Reliance Infrastructure Power 1.11 Torrent Power Power 0.69 Reliance Power Power 0.62 NHPC Power 0.57 CESC Power 0.52 JSW Energy Power 0.47 Adani Power Power 0.46 MindTree Software 1.43 Oracle Financial Services Software Software 1.38 Vakrangee Software 0.99 MphasiS Software 0.66 Persistent Systems Software 0.52 Just Dial Software 0.34 Reliance Communications Telecom - Services 1.09 Tata Communications Telecom - Services 0.50 Page Industries Textile Products 1.16 SRF Textile Products 0.56 Container Corporation of India Transportation 1.54 Gujarat Pipavav Port Transportation 0.78 The Great Eastern Shipping Company Transportation 0.62 Cash and Other Assets 0.50 SECTOR ALLOCATION (TOP 10) (As on January 31, 2016) Pharmaceuticals 14.50% Consumer Non Durables 11.68% Finance 9.98% Petroleum Products Industrial Capital Goods Software Power Auto Ancillaries Banks Consumer Durables 5.82% 5.40% 5.32% 4.44% 4.40% 3.48% 3.46% 0.00% 4.00% 8.00% 12.00% 16.00% (% of ) 13