your tax amount! Edelweiss ELSS Fund Get ready to crunch Factsheet August 2012 Invest in An Open-ended Equity Linked Savings Scheme

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1 Scan QR Code with your mobile and learn more. If you don t have the QR reader, simply download one of the many free applications available for your handset!!! Factsheet August 2012 Get ready to crunch your tax amount! Invest in ELSS Fund An Open-ended Equity Linked Savings Scheme For more information, please refer page 2 Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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3 Index Equity Funds Absolute Return Fund* An Open-ended Equity Scheme (*The Scheme is an equity-oriented Scheme. Investors in the Scheme are not being offered any guaranteed / assured returns) Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund An Open-ended Equity Scheme ELSS Fund An Open-ended Equity Linked Savings Scheme Select Midcap Fund An Open-ended Equity Scheme Equity Enhancer Fund An Open-ended Equity Scheme (Formerly Nifty Enhancer Fund) Debt Funds Ultra Short Term Bond Fund An Open-ended Debt Scheme Monthly Income Plan* An Open-ended Income Scheme (Formerly Income Advantage Fund) *Monthly income is not assured and is subject to availability of distributable surplus. Short Term Income Fund An Open-ended Income Scheme (Formerly Interval Fund - Monthly Interval Fund - Series I, an interval income scheme) Gilt Fund An Open-ended Gilt Scheme Liquid Fund Liquid Fund An Open-ended Liquid Scheme

4 Markets & Beyond EQUITY MARKET OUTLOOK What we said last time In August, with the return of P. Chidambram as the sectors. The mining and manufacturing sectors are both at a standstill, one due to Minister, clarity on measures for fiscal consolidation, subsidies and taxation will be keenly regulatory scrutiny and the other due to a structural downturn. Over half the fiscal watched. Expectations from the two-time finance minister are running high to deliver in deficit target for the year was exceeded in the first four months to July, indicating that the wake of Government's policy paralysis. The monsoons, which are about 20% deficient Government expenditure drove the GDP growth to an extent. till the end of July, might impact the bustling rural economy and hence the consumer The Industrial Production (IIP) number for June was lower at -1.8% YoY compared to goods sector will be closely watched. 2.5% (revised) YoY in May. Manufacturing, which constitutes 76% of the index was at - Globally, there is an increasing expectation of coordinated policy action by central 3.2% while capital goods at -28% continue to weigh on core sector growth bankers and policymakers to address growth/debt concerns. Piecemeal solutions and The monthly WPI headline inflation was surprisingly lower at 6.87% YoY in July 2012 one-off announcements by various players have, time and again led to temporary relief compared to 7.25% YoY in June 2012, but still above RBI's comfort zone of 5-6%. Food rallies, but without any lasting solutions, the markets response has been largely one of inflation, though lower, continues to be stuck in double digits, Core inflation came in fear. However, the global liquidity situation is very benign and any risk on from here higher while Fuel & Mining dropped to single-digits could lead to significant moves in the equity markets. Eurozone's policy and terms of aid to Spain and Italy, economic activity in China and US, any action by Fed/ECB on QE will set the tone in the coming month. Market activity and Valuation We stick with the range /5000 to 5400/5650 barring tail event. Market Update Performance of Nifty Sectors: Nifty ended marginally up for the month, even as FII's pumped in a 6-month record of Rs. CY12 August ,000 crores amidst hopes of policy reforms and monetary easing globally. Most of the gains of the Nifty were given up in the last 8 days of the month, with a fall of close to 3%. Top Consumer Goods (31.9%) IT (6.7%) Performers Construction (31.7%) A surprising monsoon revival was seen across India with many regions going from Pharma (6.0%) deficient to surplus rainfall for the season. The overall monsoon deficiency reduced from Bottom Industrial Manufacturing (-6.6%) Metals (-9.6%) 19% to 12% over the month, significantly boosting prospects for the Kharif crop and the Performers Telecom (-27.9%) Telecom (-17.4%) rural economy at large. On the policy making front, the monsoon session of the Parliament was completely paralyzed by Opposition parties over the CAG's report of huge losses and alleged corruption in Coal-mine allocation. The Government, however, took a Performance of Size Indices: strong stance on the issue and rejected calls for the Prime Minister's resignation. Globally, manufacturing continued to slump in China with August Flash manufacturing Index August 2012 CY 2012 PMI at 47.8, a 9-month low and the exports index slipping further. There was still no Nifty 0.6% 13.7% decisive action on the Eurozone sovereign crisis, even as the Euro rose against the dollar throughout the month on expectations of global monetary easing. However, the Fed only Nifty Junior -1.4% 18.7% reiterated its commitment to monetary easing if the economy & labour market continue to remain depressed. Commodities saw an uptick with Spot Brent Crude up 6% for the CNX Midcap -1.4% 15.6% month at 113/bbl & Gold up by 4-5% ending at 1650/oz. Outlook Flows: There is widely held expectation of the Government raising subsidized fuel prices after the 30,000 monsoon session ends in the first week of September. Any action on this front will support FII Flows 25,000 fiscal consolidation and buoy market sentiment. Economic data for the month will 20,000 precede RBI's monetary policy review on September 17th and there is widespread expectation in the market for a continuation of the pause. The new Minister, P. 15,000 Chidambram has been making the right noises about returning India to the high growth 10,000 path through fiscal consolidation and speedy economic reforms, though global 5,000 headwinds and domestic political compulsions continue to weigh on sentiment. Markets 0 will take solace from the recommendations of the Government appointed Shome -5,000 committee, which backed a rules based regime, opposed retrospective taxation and a ,000 year delayed implementation of GAAR. -15,000 Locally and globally, there are a lot of important meetings scheduled from 6th to 17th which can decide the future course for the markets if strong actions are taken. ECB's press conference on September 6th is expected to provide details on a sustainable plan to bring down Spanish & Italian sovereign bond yields. The FOMC's meet concluding on 13th of the Valuation and earnings estimates: Nifty is currently trading at 13.0X/13.5X forward 1Y PE month could clear the air on the probability of another QE. Moderate to Strong US multiple which is below its long term average. Earnings estimates have been downgraded and corporate earnings have boosted the performance of equities as an asset class and we the current expected annual earnings growth rate for the Nifty is in the range of 8% to 12%. CNX remain positive on equities for the coming month. Midcap is trading at around 12.5X forward 1Y PE multiple. It is a good opportunity for equity We stick with the range /5000 to 5400/5650 for the coming month, barring tail markets and especially mid cap stocks from a 2 to 3 year perspective. event. Macro-economic Indicators Source: Bloomberg, SEBI, Internal research as of September 6, 2012 GDP for the quarter Apr-June 2012 was slightly higher than expectations at 5.5%. However, growth was fueled mainly by services, construction and agriculture Rs. (Cr.) Jul-11 Aug -11 Sep -11 Oct -11 Nov -11 Dec -11 Jan -12 Feb -12 Mar -12 Apr -12 May -12 Jun -12 Jul-12 Aug -12

5 Markets & Beyond DEBT MARKET OUTLOOK 10 year benchmark closed for the month of July at a 1-month high of 8.24% as compared to Credit spreads 8.17% in June. Yields were depressed through the first half of the month on the back of AAA credit spreads saw a reduction across almost all tenors, with the largest decreases for 1 weak to moderate growth numbers. May IIP was a bit stronger at 2.4% YoY against April s - year and 10 years. Significant reduction in CP yields contributed to this spread compression 0.9% (revised from 0.1% earlier), though core sector growth is still a cause for concern at and brought some much needed relief to corporate borrowing costs. However, credit 3.8% YoY vs. 3.1% in April. Wholesale Price Index inflation was at a 5-month low at 7.25% growth in the economy is still sluggish and has barely grown in the first five months of this YoY in June vs. 7.55% YoY in May while Consumer Price Index inflation was at 10.02% YoY vs fiscal even as deposits are up by 3.2%. Slowdown of incremental demand from the 10.36% YoY in May, driven primarily by double digit food inflation. Core inflation remained infrastructure sector has also contributed significantly to the slow credit offtake in addition unchanged in June at 4.8% YoY. The RBI Governor was quoted as saying that inflation was to high borrowing rates, asset quality issues for banks and the safety of high-yielding G- way above the 5% threshold. The markets anticipated these numbers to suggest no rate Secs. changes in RBI s July 31st quarterly policy review and the yields rose through the latter half of the month. True to expectations, the RBI kept rates unchanged in its review. Concurrently, the RBI raised its inflation forecast for FY13 end to 7% and Statutory Liquidity India Corporate Spread Curve Ratio was reduced by 1% to 23%. Although, this will free up around Rs. 62,000 crores in the banking system, it s unlikely to impact liquidity significantly due to the banks existing G-Sec holdings already being in excess territory. Through the month, money markets rallied with the 3-month CD falling below 9% in the first half. After a temporary hike with the IIP and inflation numbers, 3-month CD closed the month at 8.8% despite no action by the RBI on the rates front. The 6-month CD, after some see-saw movement through the month ended at 9.01% from 9.30% at the start of the month. The 1-year CD-curve too, moved down almost parallely by bps. Owing to the comfortable liquidity situation, no further OMO s were announced this month by the RBI. 1.80% 1.60% 1.40% 1.20% 1.00% 0.80% 0.60% 0.40% 0.20% 0.00% 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year 31-Jul Aug % 8.25% 8.20% 8.15% 8.10% 8.05% 8.00% 7.95% 7.90% 7.85% 7.80% India Government Actives 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year 31-Jul Aug-12 Outlook for the coming month Apart from the usual liquidity pressures due to advance tax outgo in September, liquidity situation is expected to be benign in September. Any decision on rate cuts in RBI's midquarter policy review on September 17 will hinge on inflation and IIP data. The RBI has repeatedly expressed its inability to reduce rates in the absence of any respite on inflation, and may hold rates steady in its policy review. A broad revival of the monsoon in August might improve the inflation outlook and will be closely watched before the policy meet. Low credit offtake has proved to be sticky and state-owned banks have already started cutting deposit and lending rates to remedy the situation. The RBI stands ready to provide liquidity through OMO's, if the need be ahead of the upcoming festive season, this should lend confidence to corporate and individuals alike to borrow in larger numbers. Global concerns, especially on the Eurozone and Chinese manufacturing slump, Rupee depreciation and fiscal consolidation remain key risks to overall economic health. Bloomberg, Internal research as of September 6, 2012

6 ABSOLUTE RETURN Fund* (* The Scheme is an equity - oriented scheme. Investors in the Scheme are not being offered any guaranteed / assured returns.) As on August 31, 2012 PORTFOLIO Name of Instrument % to Net Assets Name of Instrument % to Net Assets Name of Instrument % to Net Assets Equity Fund EQUITY & EQUITY RELATED Listed / awaiting listing on the stock exchanges Mahindra & Mahindra 1.06 Eicher Motors 0.75 Tata Motors 0.63 Ancillaries Shanthi Gears 0.71 Bosch 0.33 HDFC Bank 3.15 State Bank of India 1.51 Yes Bank 1.41 Federal Bank 0.67 J&KBANK 0.67 Karur Vysya Bank 0.65 ICICI Bank 0.45 Axis Bank 0.33 Cement UltraTech Cement 0.35 Chemicals Pidilite Industries 0.26 Construction Project Larsen & Toubro 1.34 Consumer Durables Havells India 0.68 TITAN 0.55 Hindustan Unilever 3.36 ITC 2.90 Asian Paints Ltd 1.22 GlaxoSmithKline Consumer Healthcare 0.88 Jubilant Foodworks 0.49 Emami 0.45 Godrej Consumer Products 0.39 Nestle India 0.37 Marico 0.36 Colgate Palmolive (India) 0.36 Dabur India 0.24 Britannia Industries 0.24 Housing Development 2.51 Gas Petronet LNG 0.36 Healthcare Services Apollo Hospitals Enterprise 0.51 Minerals / Mining Coal India 1.55 & Natural Gas Corpn 1.64 India 0.52 Sun Industries 2.04 Cipla 0.76 Wockhardt Ltd 0.64 Strides Arcolab 0.59 Torrent 0.54 Divi's Laboratories 0.46 Lupin 0.40 GlaxoSmithKline 0.39 Cadila Healthcare 0.39 Tata Consultancy Services 2.39 Info Edge (India) 0.69 Infosys Technologies 0.66 Tech Mahindra 0.38 HCL Technologies 0.36 Listed / awaiting listing on the stock exchanges: Reversed Positions Axis Bank 1.63 Axis Bank Sep Punjab National Bank 0.49 Punjab National Bank Sep Consumer Durables Videocon Industries 4.77 Videocon Industries Sep ITC 0.88 ITC Sep United Spirits 3.59 United Spirits Sep Housing Development 1.51 Housing Development Sep Aban Offshore 0.82 Aban Offshore Sep Petroleum Products Reliance Industries 1.26 Reliance Industries Sep Power National Hydroelectric Power 0.15 National Hydroelectric Power Sep Retailing Pantaloon Retail (India) 7.18 Pantaloon Retail (India) Sep DERIVATIVES Index Option NIFTY 5500 Put Sep Index Future NIFTY Index Future Sep MONEY MARKET INSTRUMENT Certificate of Deposit** 3.39 ICRA A1+ State Bank of Patiala 2.41 State Bank of Patiala 0.98 OTHERS Fixed Deposit Unrated UCO Bank 8.22 Cash & Cash Equivalents CBLO / Reverse Repo Investments Net Receivable/Payable 8.87 GRAND TOTAL Notes: Fixed Deposit placed under margin : `200 Lakhs. Total Exposure to derivative instruments (excluding reversed positions) as on 31/08/2012 : ` Lakhs. **Thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. INDUSTRY ALLOCATION DIVIDEND HISTORY 13.91% 19.88% 25.25% Record Date Option Name NAV on Record Date (`) Amount of Dividend (`) 27/01/2012 Dividend Option per unit 27/04/2012 Dividend Option per unit 27/07/2012 Dividend Option per unit 5.63% 5.49% 10.07% Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Minerals / Mining 4.84% 3.48% NAV as on August 31, 2012 ` Per Unit Construction Project Consumer Durables Ancillaries 3.01% 2.77% 2.34% Growth Option Dividend Option Healthcare Services 1.15% Gas 0.80% Cement 0.80% Chemicals 0.58%

7 DIVERSIFIED GROWTH EQUITY TOP 100 (E.D.G.E. Top 100 ) Fund Equity Fund PORTFOLIO Name of Instrument % to Net Assets As on August 31, 2012 Name of Instrument % to Net Assets Name of Instrument % to Net Assets EQUITY & EQUITY RELATED Listed / awaiting listing on the stock exchanges Mahindra & Mahindra 1.72 Eicher Motors 1.40 Tata Motors 0.98 Ancillaries Bosch 0.60 HDFC Bank 4.99 State Bank of India 2.77 Yes Bank 2.58 The Federal Bank 1.27 Jammu & Kashmir Bank 1.26 Karur Vysya Bank 1.20 ICICI Bank 1.17 Axis Bank 0.60 Cement UltraTech Cement 0.65 Chemicals Pidilite Industries 0.45 Construction Project Larsen & Toubro 1.58 Consumer Durables Havells India 1.26 Titan Industries 1.05 Hindustan Unilever 4.84 ITC 3.82 Asian Paints 2.25 GlaxoSmithKline Consumer Healthcare 1.82 Godrej Consumer Products 1.03 Nestle India 0.93 Marico 0.93 Colgate Palmolive (India) 0.93 Jubilant Foodworks 0.82 Emami 0.74 Britannia Industries 0.43 Dabur India 0.41 Housing Development Corporation 3.73 Notes: Fixed Deposit placed under margin : `100 Lakhs. Total Exposure to derivative instruments as on 31/08/2012 : ` Lakhs. Gas Petronet LNG 0.66 Healthcare Services Apollo Hospitals Enterprise 0.84 Minerals/Mining Coal India 1.92 & Natural Gas Corpn 1.85 India 1.42 Petroleum Products Reliance Industries 1.45 Sun Industries 2.60 Cipla 1.20 Wockhardt 1.04 Cadila Healthcare 1.00 Strides Arcolab 0.96 GlaxoSmithKline 0.96 Lupin 0.94 Torrent 0.89 Divi's Laboratories 0.73 Tata Consultancy Services 4.81 Info Edge (India) 1.30 Infosys 1.30 HCL Technologies 0.68 Tech Mahindra 0.67 DERIVATIVES Index Future NIFTY Index Future Sep Index Option NIFTY 5100 Call Sep OTHERS Fixed Deposit Unrated UCO Bank 6.86 Cash & Cash Equivalents CBLO / Reverse Repo Investments Net Receivable/Payable 0.22 GRAND TOTAL INDUSTRY ALLOCATION DIVIDEND HISTORY Record Date Plan/ Option Name NAV on Record Date (`) Amount of Dividend (`) 5.43% 4.95% 4.33% 11.61% 13.66% 21.02% 25.13% 05/07/2011 Plan A & Plan C - Div (Plan A) (Plan C) 1.00 per unit 19/07/2011 Plan A & Plan C - Div (Plan A) (Plan C) 1.00 per unit 30/05/2012 Plan C - Div (Plan C) 0.75 per unit Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. NAV as on August 31, 2012 ` Per Unit Consumer Durables Minerals/Mining Construction Project Petroleum Products Healthcare Services Gas 3.06% 2.55% 2.10% 1.92% 1.11% 0.88% Plan A - Growth Option Plan A - Dividend Option Plan B - Growth Option Plan B - Dividend Option Plan C - Growth Option Plan C - Dividend Option Cement 0.87% Ancillaries 0.80% Chemicals 0.59%

8 ELSS Fund Equity Fund PORTFOLIO As on August 31, 2012 Name of Instrument % to Net Assets Name of Instrument % to Net Assets Name of Instrument % to Net Assets EQUITY & EQUITY RELATED Listed / awaiting listing on the stock exchanges Eicher Motors 3.85 Mahindra & Mahindra 2.16 Tata Motors 1.10 Ancillaries Bosch 0.85 HDFC Bank 5.12 The Federal Bank 3.50 Jammu & Kashmir Bank 3.47 Karur Vysya Bank 3.33 Yes Bank 2.84 State Bank of India 2.64 Axis Bank 0.80 ICICI Bank 0.49 Cement UltraTech Cement 0.88 Chemicals Pidilite Industries 0.95 Construction Project Larsen & Toubro 2.05 Consumer Durables Havells India 3.44 Titan Industries 1.03 Hindustan Unilever 4.25 ITC 3.30 Asian Paints 2.32 Jubilant Foodworks 1.76 GlaxoSmithKline Consumer Healthcare 1.73 Emami 1.70 Godrej Consumer Products 1.09 Nestle India 1.05 Marico 1.01 Colgate Palmolive (India) 0.98 Britannia Industries 0.90 Dabur India 0.45 Housing Development Corporation 4.68 Gas Petronet LNG 0.89 Healthcare Services Apollo Hospitals Enterprise 1.40 Minerals/Mining Coal India 1.87 & Natural Gas Corpn 2.38 India 1.94 Petroleum Products Reliance Industries 2.73 Sun Industries 1.86 Wockhardt 1.75 Strides Arcolab 1.56 Torrent 1.48 Cipla 0.84 Cadila Healthcare 0.81 Lupin 0.81 GlaxoSmithKline 0.80 Divi's Laboratories 0.45 Info Edge (India) 3.57 Tata Consultancy Services 2.62 Tech Mahindra 1.85 Infosys 1.14 HCL Technologies 0.92 OTHERS 4.61 Cash & Cash Equivalents CBLO / Reverse Repo Investments 2.80 Net Receivable/Payable 1.81 GRAND TOTAL INDUSTRY ALLOCATION DIVIDEND HISTORY Consumer Durables 7.46% 4.91% 4.69% 10.86% 10.59% 21.51% 23.27% Record Date Option Name NAV on Record Date (`) Amount of Dividend (`) 21/01/2011 Dividend Option /02/2011 Dividend Option /03/2012 Dividend Option per unit 2.00 per unit 1.00 per unit Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Petroleum Products Construction Project Minerals/Mining Healthcare Services 4.53% 2.87% 2.15% 1.96% 1.47% NAV as on August 31, 2012 ` Per Unit Growth Option Dividend Option Chemicals 1.00% Gas 0.93% Cement 0.93% Ancillaries 0.89%

9 SELECT MIDCAP Fund Equity Fund PORTFOLIO As on August 31, 2012 Name of Instrument % to Net Assets Name of Instrument % to Net Assets Name of Instrument % to Net Assets EQUITY & EQUITY RELATED Listed / awaiting listing on the stock exchanges Eicher Motors 3.36 Ancillaries Amara Raja Batteries 2.97 Balkrishna Industries 2.46 Amtek India 2.29 Jammu & Kashmir Bank 3.53 The Federal Bank 3.43 Karur Vysya Bank 2.14 Cement Prism Cement 0.61 Chemicals Pidilite Industries 2.52 Construction Sobha Developers 1.98 Consumer Durables Havells India 3.57 Tube Investments of India 0.65 Jubilant Foodworks 3.68 Emami 3.47 VST Industries 2.15 Akzo Nobel India 1.51 Procter & Gamble Hygiene and Health Care 1.20 Britannia Industries 1.07 Hindustan Unilever 0.88 Godrej Consumer Products 0.86 Marico 0.83 GlaxoSmithKline Consumer Healthcare 0.82 Colgate Palmolive (India) 0.80 Nestle India 0.78 Ruchi Soya Industries 0.52 Bajaj 3.08 Shriram City Union 3.04 Sundaram 1.79 Healthcare Services Apollo Hospitals Enterprise 3.12 Industrial Products FAG Bearings India 1.66 Max India 1.29 Supreme Industries 1.11 India 0.81 Pesticides Bayer Cropscience 0.71 Strides Arcolab 4.30 Torrent 3.95 Wockhardt 3.59 Glenmark 1.36 Cadila Healthcare 0.93 Lupin 0.83 GlaxoSmithKline 0.80 Info Edge (India) 3.05 MindTree 2.49 Tech Mahindra 1.33 Textile Products Page Industries 2.39 Transportation Gujarat Pipavav Port 2.05 DERIVATIVES 7.16 INDEX FUTURE NIFTY Index Future Sep OTHERS 8.24 Fixed Deposit Unrated UCO Bank 2.71 Cash & Cash Equivalents CBLO / Reverse Repo Investments 5.11 Net Receivable/Payable 0.42 Grand Total Notes: Fixed Deposit placed under margin : `10 Lakhs. Total Exposure to derivative instruments as on 31/08/2012 : `26.46 Lakhs. INDUSTRY ALLOCATION NAV as on August 31, 2012 ` Per Unit Ancillaries Consumer Durables Industrial Products Healthcare Services Chemicals Textile Products Transportation Construction Pesticides Cement 4.59% 4.43% 3.66% 3.40% 2.75% 2.61% 2.24% 2.16% 0.88% 0.78% 0.67% 9.92% 8.62% 8.41% 7.50% 17.18% 20.22% Growth Option Dividend Option 10.04

10 EQUITY ENHANCER Fund (Formerly Nifty Enhancer Fund) The name of the scheme was changed w.e.f January 1, 2012 Equity Fund As on August 31, 2012 PORTFOLIO Name of Instrument % to Net Assets Name of Instrument % to Net Assets Name of Instrument % to Net Assets EQUITY & EQUITY RELATED Listed / awaiting listing on the stock exchanges Mahindra & Mahindra 2.44 Tata Motors 2.39 Bajaj Limited 0.15 Hero Motocorp Limited 0.13 HDFC Bank 5.01 State Bank Of India 2.94 ICICI Bank 2.57 Yes Bank Limited 1.05 Axis Bank 0.19 Kotak Mahindra Bank 0.17 Construction Project Larsen & Toubro 2.44 Consumer Durables Titan 0.54 Hindustan Unilever 6.22 ITC 4.95 Asian Paints Ltd 1.17 Glaxosmithkline Consumer Healthcare 1.09 Godrej Consumer Products 0.68 Nestle India 0.65 Colgate Palmolive (India) 0.64 Marico 0.64 Ferrous Metals Tata Steel 0.19 Housing Development 3.30 Industrial Capital Goods Bharat Heavy Electricals 0.13 Minerals/Mining Coal India 3.45 & Natural Gas Corpn 4.30 India Ltd Petroleum Products Reliance Industries 0.93 Sun Industries 3.37 Cadila Healthcare 1.00 Lupin Ltd 0.98 Glaxosmithkline 0.96 Divi's Laboratories 0.57 Dr. Reddy'S Laboratories 0.16 Power NTPC 0.16 Tata Consultancy Services 5.70 Infosys Technologies 3.04 Wipro 0.16 Telecom - Services Bharti Airtel 0.23 Listed / awaiting listing on the stock exchanges: Reversed Positions Housing Development 0.78 Housing Development Sep Minerals/Mining Coal India 0.75 Coal India Sep Cipla 0.59 Cipla Sep Tata Consultancy Services 0.71 Tata Consultancy Services Sep DERIVATIVES Hero Motorcorp Sep Punjab National Bank Sep Axis Bank Sep Construction DLF Sep Jaiprakash Associates Sep Ferrous Metals Jindal Steel & Power Sep Index Future NIFTY Index Future Sep Index Option NIFTY 5500 Put Sep Minerals/Mining Sesa Goa Sep Non - Ferrous Metals Sterlite Industries (India) Sep Cairn India Sep Petroleum Products Bharat Petroleum Corporation Sep Ranbaxy Laboratories Sep Cipla Sep Power Reliance Infrastructure Sep Power Grid Corporation of India Sep Tata Power Company Sep OTHERS Fixed Deposit Unrated UCO Bank 6.37 Cash & Cash Equivalents CBLO / Reverse Repo Investments Net Receivable/Payable 1.92 GRAND TOTAL Notes: Fixed Deposit placed under margin : `30 Lakhs. Total Exposure to derivative instruments as on 31/08/2012 : ` Lakhs. INDUSTRY ALLOCATION NAV as on August 31, 2012 ` Per Unit 24.42% Plan A - Growth Option Minerals/Mining Construction Project Petroleum Products Consumer Durables Telecom - Services Ferrous Metals Power Industrial Capital Goods 13.56% 10.71% 8.05% 7.79% 5.25% 5.03% 3.72% 1.41% 0.83% 0.35% 0.29% 0.24% 0.20% 18.16% Plan A - Dividend Option Plan B - Growth Option Plan B - Dividend Option Plan C - Growth Option Plan C - Dividend Option There are no investors under this option.

11 ULTRA SHORT TERM BOND Fund Debt Fund PORTFOLIO Name of Instrument % to Net Assets MONEY MARKET INSTRUMENT Certificate of Deposit** ICRA A1+ Central Bank of India ICICI Bank State Bank of Patiala 9.59 Canara Bank 5.19 Bank of Baroda 0.25 Commercial Paper** ICRA A1+ Kotak Mahindra Prime ILFS Financial Services Housing Development OTHERS 2.22 Cash & Cash Equivalents CBLO / Reverse Repo Investments 1.20 Net Receivable/Payable 1.02 GRAND TOTAL **Thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. ASSET ALLOCATION Money Market Instruments 97.78% As on August 31, 2012 Cash & Cash Equivalent 2.22% DIVIDEND HISTORY NAV a s on August 31, 2012 ` Per Unit Record Date Plan/ Option NAV on Amount of Amount of Name Record Date Dividend -Retail Dividend -Corporate (`) (`) (`) 29/06/2012 Retail - Dividend per unit per unit (Monthly) 31/07/2012 Retail - Dividend per unit per unit (Monthly) 31/08/2012 Retail - Dividend per unit per unit (Monthly) Dividend is declared on the face value of `1000/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Retail Plan - Growth Option Retail Plan - Daily Dividend Option Retail Plan - Weekly Dividend Option Retail Plan - Fortnightly Dividend Option Retail Plan - Monthly Dividend Option Institutional Plan - Growth Option Institutional Plan - Daily Dividend Option Institutional Plan - Weekly Dividend Option@ - Institutional Plan - Fortnightly Dividend Option@ - Institutional Plan - Monthly Dividend Option There are no investors under this option. RATING PROFILE Sector / Rating Percent ICRA A Cash & Cash Equivalent 2.22 Total

12 MONTHLY INCOME Plan (Formerly Income Advantage Fund) PORTFOLIO Name of Instrument % to Net Assets ASSET ALLOCATION Debt Fund As on August 31, 2012 EQUITY & EQUITY RELATED Listed / awaiting listing on the stock exchanges Tata Motors 0.74 Mahindra & Mahindra 0.63 Bajaj 0.35 HDFC Bank 1.92 ICICI Bank 1.87 State Bank of India 0.80 Axis Bank 0.43 Kotak Mahindra Bank 0.38 Construction Project Larsen & Toubro 1.32 ITC 2.57 Hindustan Unilever 0.93 Ferrous Metals Tata Steel 0.43 Housing Development Corporation 1.97 Minerals/Mining Coal India 0.40 & Natural Gas Corpn 0.87 Petroleum Products Reliance Industries 2.30 Sun Industries 0.44 Infosys 2.06 Tata Consultancy Services 1.25 Telecom - Services Bharti Airtel % Equity &Equity Related Cash & Cash Equivalent 22.19% OTHERS Cash & Cash Equivalents CBLO / Reverse Repo Investments Net Receivable/Payable GRAND TOTAL DIVIDEND HISTORY Record Date Plan/ Option NAV on Amount of Amount of Name Record Date Dividend - Retail Dividend - Corporate (`) (`) (`) 29/06/2012 Monthly Dividend per unit per unit 31/07/2012 Monthly Dividend per unit per unit 31/08/2012 Monthly Dividend per unit per unit Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. RATING PROFILE Sector / Rating Percent Equity &Equity Related Cash & Cash Equivalent Total NAV as on August 31, 2012 ` Per Unit Retail Plan - Growth Option Retail Plan - Dividend Option

13 SHORT TERM INCOME Fund (Formerly Interval Fund Monthly Interval Fund Series I, an Interval Income Scheme) PORTFOLIO Name of Instrument **Thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. % to Net Assets OTHERS Cash & Cash Equivalents CBLO / Reverse Repo Investments Net Receivable/Payable GRAND TOTAL ASSET ALLOCATION Cash & Cash Equivalent % Debt Fund As on August 31, 2012 DIVIDEND HISTORY NAV a s on August 31, 2012 ` Per Unit Record Date Plan/ Option NAV on Amount of Amount of Name Record Date Dividend - Retail Dividend - Corporate (`) (`) (`) 23/02/2011 Retail - Dividend per unit per unit (Monthly) 23/03/2011 Retail - Dividend per unit per unit (Monthly) 25/04/2011 Retail - Dividend per unit per unit (Monthly) Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Retail Plan - Growth Option Retail Plan - Dividend Option Institutional Plan - Growth Option Institutional Plan - Dividend Option^ - ^ There are no investors under this option RATING PROFILE Sector / Rating Percent Cash & Cash Equivalent Total GILT Fund Debt Fund PORTFOLIO Name of Instrument % to Net Assets CENTRAL GOVERNMENT SECURITIES SOVEREIGN RATED SECURITIES 08.79% CGL OTHERS Cash & Cash Equivalents CBLO / Reverse Repo Investments 3.84 Net Receivable/Payable 6.90 ASSET ALLOCATION Sovereign Rated Securities 89.26% 10.74% As on August 31, 2012 Cash & Cash Equivalent GRAND TOTAL NAV a s on August 31, 2012 ` Per Unit Growth Option Dividend Option RATING PROFILE Sector / Rating Percent Sovereign Rated Securities Cash & Cash Equivalent Total

14 LIQUID Fund Liquid Fund PORTFOLIO Name of Instrument % to Net Assets MONEY MARKET INSTRUMENT Certificate of Deposit** ICRA A1+ Corporation bank 4.38 Canara Bank 4.38 Punjab National Bank 4.36 Kotak Mahindra bank 2.40 Central Bank of India 2.16 ASSET ALLOCATION As on August 31, 2012 Money Market Instruments Cash & Cash Equivalent 15.34% 84.66% Commercial Paper** ICRA A1+ Aditya Birla Kotak Mahindra Prime Housing Development Tata Capital Financial Services 8.65 Kotak Mahindra Prime 4.34 Cash & Cash Equivalents CBLO / Reverse Repo Investments Net Receivable/Payable GRAND TOTAL **Thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. DIVIDEND HISTORY NAV a s on August 31, 2012 Record Date Plan/ Option NAV on Amount of Amount of Name Record Date Dividend - Retail Dividend - Corporate (`) (`) (`) 29/06/2012 Retail - Dividend per unit per unit (Monthly) 31/07/2012 Retail - Dividend per unit per unit (Monthly) 31/08/2012 Retail - Dividend per unit per unit (Monthly) Dividend is declared on the face value of `1000/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Retail Plan - Growth Option Retail Plan - Daily Dividend Option Retail Plan - Weekly Dividend Option Retail Plan - Fortnightly Dividend Option^ - Retail Plan - Monthly Dividend Option Institutional Plan - Growth Option Institutional Plan - Daily Dividend Option Institutional Plan - Weekly Dividend Option Institutional Plan - Fortnightly Dividend Option^ - Institutional Plan - Monthly Dividend Option^ - Super Institutional Plan - Growth Option Super Institutional Plan - Daily Dividend Option Super Institutional Plan - Weekly Dividend Option^ - Super Institutional Plan - Fortnightly Dividend Option^ - Super Institutional Plan - Monthly Dividend Option^ - ^ There are no investors under this option RATING PROFILE Sector / Rating Percent ICRA A Cash & Cash Equivalent 0.50 Total

15 Performance of the Equity Schemes (as on June 30, 2012) Name of the Fund Managers: Mr. Paul Parampreet and Mr.Dhilip Krishna are the Co-Fund Managers For Absolute Return Fund, Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund, ELSS Fund, Equity Enhancer Fund & Select Midcap Fund. EDELWEISS ABSOLUTE RETURN FUND ( ARF) Period ARF Fund Scheme Benchmark (Crisil MIP Blended Index) Returns Returns Returns Alternate Benchmark (S&P CNX Nifty) June 30, June 30, 2012^ 4.61% 10, % 10, % 9,347 June 30, June 30, 2011^ 6.19% 10, % 10, % 10,630 Since Inception (CAGR) 6.67% 12, % 12, % 11,854 Inception Date: August 20, 2009 EDELWEISS DIVERSIFIED GROWTH EQUITY TOP 100 (E.D.G.E. TOP 100) FUND Period E.D.G.E. Top 100 (Plan A) Returns Returns Returns E.D.G.E. Top 100 (Plan B) E.D.G.E. Top 100 (Plan C) Scheme Benchmark (S&P CNX NIFTY) Returns Alternate Benchmark (BSE SENSEX) Returns June 30, June 30, 2012^ -1.87% 9, % 9, % 9, % 9, % 9,249 June 30, June 30, 2011^ 8.51% 10, % 10, % 10, % 10, % 10,647 June 30, June 30, 2010^ 26.00% 12, % 12, % 12, % 12, % 12,213 Since Inception (CAGR) 11.77% 14, % 14, % 14, % 12, % 12,396 Inception Date : May 20, EDELWEISS ELSS FUND Period ELSS Fund Scheme Benchmark (S&P CNX 500) (w.e.f. March 1, 2012) Returns Returns Returns Alternate Benchmark (BSE SENSEX) June 30, June 30, 2012^ -4.74% 9, % 9, % 9,249 June 30, June 30, 2011^ 6.11% 10, % 10, % 10,647 June 30, June 30, 2010^ 27.34% 12, % 12, % 12,213 Since Inception (CAGR) 19.57% 18, % 17, % 17,939 Inception Date : December 30, 2008 EDELWEISS EQUITY ENHANCER FUND Period Equity Enhancer Fund (Plan A) Returns Returns Returns Equity Enhancer Fund (Plan B) Scheme Benchmark (S&P CNX NIFTY) Alternate Benchmark (BSE SENSEX) Returns June 30, June 30, 2012^ -3.91% 9, % 9, % 9, % 9,249 June 30, June 30, 2011^ 8.40% 10, % 10, % 10, % 10,647 Since Inception (CAGR) 8.11% 12, % 12,542 *6.04% 11,843 *5.30% 11,604 **5.26% 11,685 **5.16% 11,653 Inception Date (Plan A): August 12, 2009, Inception Date (Plan B): June 16, *Indicate Returns for Plan A, ** Indicate Returns for Plan B. Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Returns Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme Returns shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns Performance of Select Midcap is not provided, as it has not completed one year Note: Mr. Paul Parampreet is also a Co - Fund Manager of Monthly Income Plan. For performance of the same, please refer next page.

16 Performance of the Debt Schemes (as on June 29, 2012) Name of the Fund Manager: Mr. Dhilip Krishna EDELWEISS ULTRA SHORT TERM BOND FUND ( USTBF) Period USTBF Retail (Growth) USTBF Institutional (Growth) Returns Returns Returns Scheme Benchmark (Crisil Liquid Fund Index) Alternate Benchmark (Crisil 1 Year T bill) Returns 30-June-2011 to 29-June-2012^ 9.30% 10, % 10, % 10, % 10, June-2010 to 30-June-2011^ 7.31% 10, % 10, % 10, % 10, June-2009 to 30-June-2010^ 5.08% 10, % 10, % 10, % 10,197 Since Inception 7.36% 13, % 13, % 12, % 12,381 Inception Date: September 09, Name of the Fund Manager: Mr. Dhilip Krishna EDELWEISS SHORT TERM INCOME FUND ( STIF) Period STIF Retail (Growth) STIF Institutional (Growth) Returns Returns Returns Scheme Benchmark (Crisil Short-Term Bond Fund Index) Alternate Benchmark (Crisil 1 Year T bill) Returns 30-June-2011 to 29-June-2012^ 7.69% 10, % 10, % 10, % 10, June-2010 to 30-June-2011^ 6.16% 10, % 10, % 10, % 10, June-2009 to 30-June-2010^ 5.46% 10, % 10, % 10, % 10,197 Since Inception (Inst) % 12, % 12, % 11,619 Since Inception (Reg) 6.88% 12, % 13, % 12,287 Inception Date: September 26, 2008 (Retail Plan), March 3, 2009 (Institutional Plan) Name of the Fund Manager: Mr. Dhilip Krishna EDELWEISS GILT FUND Period Gilt Fund (Growth) Scheme Benchmark (I-Sec Composite Gilt Index) Returns Returns Returns Alternate Benchmark (Crisil 10 year dated GOI Security) 30-June-2011 to 29-June-2012^ 6.66% 10, % 10, % 10, June-2010 to 30-June-2011^ 4.23% 10, % 10, % 10,179 Since Inception 4.58% 11, % 11, % 11,275 Inception Date: July 6, 2009 Name of the Fund Manager: Mr. Paul Parampreet (For Equity Portion) & Mr. Dhilip Krishna(For Debt Portion) EDELWEISS MONTHLY INCOME PLAN ( MIP) Period MIP (Growth) Scheme Benchmark (Crisil MIP Blended Index) Returns Returns Returns Alternate Benchmark (Crisil 1 Year T bill) 30-June-2011 to 29-June-2012^ 3.19% 10, % 10, % 10, June-2010 to 30-June-2011^ 6.53% 10, % 10, % 10,443 Since Inception 5.16% 11, % 11, % 11,348 Inception Date: February 24, 2010 Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Returns Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the Scheme Returns shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, In case Start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns Note (i): Mr. Paul Parampreet & Mr. Dhilip Krishna are also the Co- Fund Managers of Absolute Return Fund, Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund, ELSS Fund, Equity Enhancer Fund & Select Midcap Fund. For performance of the schemes, please refer previous page. Note (ii):mr. Dhilip Krishna also manages Fixed Maturity Plans, which are Closed-ended debt Schemes and hence cannot be compared with any of the Open-ended debt Schemes.

17 Performance of the Debt Schemes (as on June 29, 2012) Name of the Fund Manager: Mr. Dhilip Krishna EDELWEISS LIQUID FUND ( LF) Period LF Retail (Growth) Returns LF Super Institutional (Growth) Returns LF Scheme Benchmark Institutional (Growth) (Crisil Liquid Fund Index) Returns Returns Alternate Benchmark (Crisil 1 Year T bill) Returns Last 7 days@ 8.30% 10, % 10, % 10, % 10, % 10,009 Last 15 days@ 8.43% 10, % 10, % 10, % 10, % 10,007 Last 30 days@ 8.85% 10, % 10, % 10, % 10, % 10, June-2011 to 29-June % 10,902 Not Available* Not Available* 8.68% 10, % 10, June-2010 to 30-June % 10,639 Not Available* Not Available* 7.18% 10, % 10, June-2009 to 30-June % 10,308 Not Available* Not Available* 3.29% 10, % 10,197 Since Inception (CAGR) 6.32% 12,627 Not Available* Not Available* 6.77% 12, % 12,381 Inception Date: September 09, 2008 (Retail Plan). August 12, 2011 (Super Institutional Plan), May 15, 2012 ( Institutional Plan). * As there was no investor under these Plans during certain intervals returns for the specified Period / since inception is not Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Returns. Annualized Returns Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at Inception/ date of the initial investment under the plans. Returns shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, Mr. Dhilip Krishna also manages Fixed Maturity Plans, which are Closed-ended debt Schemes and hence cannot be compared with any of the Open-ended debt Schemes. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns

18 Risk Return Profile at a Glance Select Midcap Fund E.D.G.E Top 100 Fund ELSS Fund R E T U R N Equity Enhancer Fund NIFTY ENHANCER Absolute Return Fund Monthly Income Plan Gilt Fund Short Term Income Fund Ultra Short Term Bond Fund Liquid Fund RISK Past performance may or may not be sustained in future.

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20 Equity Schemes August 31, 2012 Absolute Return Fund Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund ELSS Fund Select Midcap Fund Equity Enhancer Fund (Formerly Nifty Enhancer Fund) Type of the scheme An Open-ended Equity scheme An Open-ended Equity scheme An Open-ended Equity Linked Savings scheme An Open-ended Equity scheme An Open-ended Equity scheme Investment Objective The primary objective of the Scheme will be to generate absolute returns with low volatility over a longer tenure of time. The Scheme will accordingly invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivative strategies on the other. An open ended diversified equity scheme that seeks to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates by market capitalization, listed in India The primary objective of the scheme is to generate longterm capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments. T h e p r i m a r y i nvest m e nt objective of the Scheme is to generate long term capital appreciation from a portfolio predominantly comprising of equity and equity related securities of MidCap Companies The primary objective of the Fund is to generate capital a p p re c i ation a n d i n come distribution by investing in a portfolio that endeavours to outperform the S & P CNX Nifty Index. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns. Date of Allotment Fund Managers/ Co-Fund Managers Entry Load Exit Load August 20, 2009 May 20,2009 NIL : In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ /09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. If the Units are redeemed / switched out on or before 180 days from the date of allotment % If the Units are redeemed / switched out after 180 days and upto 365 days from the date of allotment 1.00% If the Units are redeemed / switched out after 365 days from the date of allotment Nil December 30, 2008 NIL August 25, 2011 Fund Manager Fund Manager Mr. Paul Parampreet Mr. Paul Parampreet Experience: 5 years Experience: 5 years Managing the scheme Managing the schemes since: February 4, 2010 since: August 25, 2011 Co-Fund Manager: Mr. Dhilip Krishna Experience: 3 years Managing the schemes since: January 23, 2012 Plan A: (August 12, 2009) Plan B: (June 16, 2009) Fund Manager Mr. Paul Parampreet Experience: 5 years Managing the scheme since: June 29, 2010 If the Units are redeemed / switched out on or before 180 days from the date of allotment % If the Units are redeemed / switched out after 180 days and upto 365 days from the date of allotment 1.00% If the Units are redeemed / switched out after 365 days from the date of allotment Nil Plans / Options Default Plan/Option/ Facility Minimum Investment Minimum Redemption Amount Minimum Additional Investment Amount No Exit Load will be charged in case of switchout/systematic transfers between Absolute Return Fund, Diversified Growth Equity Top 100 Fund, ELSS Fund and Select Midcap Fund. Single Plan Plan A, Plan B and Plan C Single Plan Single Plan Growth and Dividend option Growth and Dividend option Growth and Dividend option Dividend and Growth Option. Growth Option, Dividend Reinvestment Minimum of `1000/- per application & in multiples of `1/- thereafter Plan A, Growth Option, Dividend Reinvestment Plan A - `1,000/- and multiples of `1/- thereafter Plan B - `5,000/- and multiples of `1/- thereafter Plan C - `5,000/- and multiples of `1/- thereafter `1/- or any number of units. For demat transactions, minimum redemption would be mandatorily 50 units. For ELSS Fund, redemption of unit can be made only after 3 years of lock-in period from the date of allotment of the Units proposed to be redeemed. `1,000/- and in multiples of `1/- thereafter. Growth Option, Dividend Reinvestment Minimum of `500/- per application & in multiples of `500/- thereafter `500/- per application & in multiples of `500/-thereafter Growth Option, Dividend Reinvestment Minimum of `5000/- per application & in multiples of `1/- thereafter `1,000/- and in multiples of `1/- thereafter. Plan A, Plan B and Plan C Growth and Dividend option Plan A, Growth Option, Dividend Reinvestment Plan A - `1,000/- and multiples of `1/- thereafter Plan B - `1,00,000/- and multiples of `1/- thereafter Plan C - `10,00,000/- and multiples of `1/- thereafter `1,000/- and in multiples of `1/- thereafter. Benchmark CRISIL MIP Blended Index S&P CNX Nifty S&P CNX 500 BSE Mid-Cap Index S&P CNX Nifty Ratios as on June 30, 2012 Standard deviation 4.94% Sharpe ratio 0.20 Portfolio beta 0.11 R squared 0.13 Portfolio Turnover Ratio^ 5.33 times Standard deviation 13.50% Sharpe ratio Portfolio beta 0.81 R squared 0.95 Portfolio Turnover Ratio^ 3.81 times Standard deviation 12.37% Sharpe ratio Portfolio beta 0.71 R squared 0.87 Portfolio Turnover Ratio^ 3.19 times Portfolio Turnover Ratio^ 3.14 times Standard deviation 6.54% Sharpe ratio 0.53 Portfolio beta 0.18 R squared 0.20 Portfolio Turnover Ratio^ 1.72 times Total Expense Ratio Total Expense Ratio 2.48% Total Expense Ratio Plan A 2.29% Plan B 2.29% Plan C 2.29% Total Expense Ratio 2.45% Total Expense Ratio 2.48% Total Expense Ratio Plan A 2.29% Plan B 2.34% Plan C 2.33% Risk Free Rate considered for the above = 8.177% p.a. (8.15% 2022 GOI Bond) Please note: Standard deviation and Sharpe ratio are Annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. For risk factors, please refer the last page

21 Debt schemes August 31, 2012 Type of the scheme Investment Objective Liquid Fund An Open-ended Liquid scheme The objective of the Scheme is to provide optimal returns, commensurate with low risk and high degree of liquidity, t h r o u g h a p o r t f o l i o constituted of money market & s h o r t t e r m d e b t instruments. Ultra Short Term Bond Fund (Formerly Short Term Bond Fund) An Open-ended Debt scheme The objective of the Scheme is to provide reasonable returns, commensurate with moderate level of risk and high degree of liquidity, through a portfolio constituted of m o n e y m a r k e t a n d d e b t instruments. Gilt Fund An Open-ended Gilt scheme The investment objective o f t h e s c h e m e i s t o generate income and capital appreciation by investing predominantly in securities issued by the Government of India or State Governments. Monthly Income Plan* (Formerly Income Advantage Fund) An Open-ended Income scheme *Monthly income is not assured and is subject to availability of distributable surplus. The investment objective of the scheme is to generate returns that are consistent with the moderate levels of risk and l i q u i d i t y t h r o u g h a c t i v e management of a diversified portfolio constituted of debt and money market instruments, securitized debt, government securities, and equity & equity related instruments. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns. Short Term Income Fund (Formerly Interval Fund - Monthly Interval Fund - Series I, an interval income scheme) An Open-ended Income Scheme The investment objective of the Scheme is to generate regular income through investments in D e b t & M o n e y M a r k e t Instruments. Date of Allotment Fund Managers/ Co-Fund Managers Retail: September 9, 2008 Retail: September 26, 2008 Inst: February 2, 2011 September 9, 2008 July 6, 2009 February 24, 2010 Super Inst: August 12, 2011 Inst: March 9, 2009 Fund Manager Mr. Dhilip Krishna Experience: 3 years Managing the schemes since: January 23, 2012 Mr. Paul Parampreet Experience: 5 years Managing the Equity portion since:december 20, 2010 Mr. Dhilip Krishna managing Debt Portion Since: January 23, 2012 Fund Manager Mr. Dhilip Krishna Experience: 3 years Managing the scheme since: January 23, 2012 Entry Load Plans / Options NIL: In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ /09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Exit Load If the Units are redeemed / If the Units are redeemed / switched-out on or before 15 days from the date of allotment : 0.20% Retail, Institutional and Super Institutional Plan Growth and Dividend option Default Plan/Option/ Retail Plan, Dividend option, Daily Dividend Reinvestment Facility Facility Minimum Retail Plan: `10,000/- & in Retail Plan: `5,000/- and in Investment multiples of `1/- thereafter. multiples of `1/- thereafter. Institutional Plan: `90 Lakhs & Institutional Plan: `90 Lakhs and in multiples of `1/- thereafter. in multiples of `1/- thereafter. Super Institutional Plan: `10 Crores & in multiples of `1/- thereafter. Minimum Redemption Amount Minimum Additional Investment Amount Benchmark Ratios switched- out on or before 3 days from the date of allotment : 0.10% If the Units are redeemed / switched-out after 3 days f r o m t h e d a t e o f allotment : Nil Retail Plan: `1,000/- and in multiples of `1/- thereafter. Institutional Plan: `1 Lac and in multiples of `1/- thereafter. Super Institutional Plan: `10 Lacs and in multiples of `1/- thereafter. Total Expense Ratio Retail 1.00% Institutional 0.33% Super Institutional 0.12% If the Units are redeemed/ switched-out after 15 days from the date of allotment : Nil CRISIL Liquid Fund Index Retail and Institutional Plan Growth and Dividend option Minimum of 1 unit or `1,000/- and in multiples of `1/- thereafter. For demat transactions, minimum redemption would be mandatorily 1 unit. In case of the investors / unit holders having available balance less than `1,000/- or less than 1 unit in their respective folio on the day of submission of valid redemption request, for the respective Plan, the minimum redemption amount would be the available balance. Total Expense Ratio Retail 0. 88% Institutional 0.29% NIL Single Plan Growth and Dividend option Growth Option, Dividend Reinvestment `5,000/- and in multiples of `1/- thereafter. Minimum of 50 units & in multiples of 1 unit thereafter or `500 & in multiples of `1/- thereafter. I-Sec Composite Gilt Index Total Expense Ratio 1.24% If the Units are redeemed / If the Units are redeemed / switched out on or before 180 switched out on or before 180 days from the date of allotment - days from the date of allotment 2.00% % If the Units are redeemed / If the Units are redeemed / switched out after 180 days and switched out after 180 days upto 365 days from the date of from the date of allotment - Nil allotment 1.00% If the Units are redeemed / switched out after 365 days from the date of allotment Nil Single Plan Growth and Monthly Dividend option Growth Option, Dividend Reinvestment `5,000/- and in multiples of `1/- thereafter. `500 & in multiples of `1/- thereafter. `1,000/- and in multiples of `1/- thereafter. CRISIL MIP Blended Fund Index Total Expense Ratio 2.23% Retail and Institutional Plan Growth and Dividend option Retail Plan, Dividend option, Reinvestment Facility Retail Plan: `10,000/- and in multiples of `1/- thereafter. Institutional Plan: `10 Lakhs and in multiples of `1/- thereafter. Minimum of 50 units & in multiples of 1 unit thereafter or `500 & in multiples of `1/- thereafter. For demat transactions, minimum redemption would be mandatorily 50 units. In case of the investors/ units holders having available balance less than ` 500/- or less than 50 units in their respective folio on the day of submission of valid redemption request, for the respective plan, the minimum redemption limit would be the available balance. CRISIL Short Term Debt Index Total Expense Ratio Retail 1.18% Institutional 1.18% Current year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. Average Maturity Years Years Years Years Years Modified Duration Years Years Years Years Years For risk factors, please refer the last page