Innovation MUTUAL INTEREST. When ideation and application come together

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1 MUTUAL INTEREST November, 2011 Investment Managers: LIC Nomura Mutual Fund Asset Management Ltd. Innovation When ideation and application come together Risk Factors: Mutual Fund and Securities Investments are subject to market risks and there is no assurance and no guarantee that the objectives of the schemes will be achieved. As with any investment in securities, the of the units issued under the scheme can go up or down depending on the factors and forces affecting the capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performances of the schemes and may not necessarily provide a basis of comparison with other investments. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs.2 Cr towards the setting up of the Mutual Fund. Please read the Scheme Information Document, Statement of Additional Information carefully before investing. Statutory Details: Constitution: LIC Nomura Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. Trustee: LIC Nomura Mutual Fund Trustee Private Ltd. Investment Manager: LIC Nomura Mutual Fund Asset Management Ltd. World-class asset management laccess to global research lenhanced offerings of services & products

2 LIC Nomura MF Income Plus Fund now upgraded by FITCH AAAmfs(ind) An open-ended Debt Scheme Open-ended Debt scheme providing liquidity and attractive returns. Growth, Dividend - Reinvestment and Dividend payout option. T + 1 Redemption facility. Daily, Weekly, Monthly Dividend. Mutual Fund Investments are subject to market risks. Please read the scheme information document carefully before investing. Risk Factors: Mutual Funds and Securities Investments are subject to market risks and there is no assurance and guarantee that the objectives of the Schemes will be achieved. As with any investment in securities, the of the units issued under the Schemes may go up or down depending on the various factors and forces affecting the capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performance of the Schemes and may not necessarily provide a basis of comparison with other investments. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs.2 Cr towards the setting up of the Mutual Fund. LIC NOMURA MF Income Plus Fund is the name of the scheme and does not indicate either the quality of the scheme, its future prospects or returns. The of the units of the scheme may be affected by changes in general level of interest rates. Investors should read the Scheme Information Document / Statement of Additional Information / Key Information Memorandum available at our Corporate Office / Area Offices / Business Centers, RTA, Distributors and Investor Service Centers carefully before investing. Statutory Details: Constitution: LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. Trustee: LIC Mutual Fund Trustee Private Ltd. Investment Manager: LIC Mutual Fund Asset Management Ltd. Applicable Criteria is available on Fitch s website at and All Fitch Credit Ratings are subject to certain Limitations and Disclaimers. Please read these Limitations and Disclaimers by following this link 2 MUTUAL INTEREST November, 2011

3 MARKET REVIEW EQUITY MARKET REVIEW After a long gloomy atmosphere in the equity market during the first half of the year, October 2011 was a bit sunny. All the domestic as well as international major indices have seen an uptick during the month and Sensex and Nifty has gained around %. Shri Eiichi Oka CIO - Equity Shri V. Chandrasekaran CIO - Debt While all the sectors had positive movement during last month, Capital Goods has experienced least rise with 2.1% followed by Healthcare, Banking and Oil & Gas sectors with 4.6%, 5.6% and 5.8% rise respectively. sector has gained 11.5% followed by IT, Realty, Metals and FMCG. However, concerns over slow economic growth, high interest rates and high inflation remains. Core Sector growth during September 2011 had witnessed 2.35% YoY growth as against 3.68% during August 2011 and 7.78% during July The index of industrial production has grown by 4.1% during August 2011, a shade higher than revised July 2011 figure of 3.8%. Another 25 basis points increase in REPO rate by RBI in October 2011 during the Second Quarter Monetary Policy Review has made the cost of funds higher. The market is expecting this increase as the last one. RBI has revised down the GDP growth forecast to 7.6% while they expect the inflation should start declining by December 2011 and gradually will be stable at 7% by March The central bank has deregulated the Savings Bank Account interest rate. Government has increased the borrowing target during 2nd half of the year by `53000 Cr without changing the fiscal deficit numbers. The market is expecting the fiscal deficit to touch 5.5% of the GDP as against budgeted 4.6% on account of higher oil subsidy and lower tax revenue. After a long spell of being net sellers, FIIs have turned out to be net buyers during October 2011, buying net equity shares worth ` Cr. On the other hand domestic mutual funds continued to be net sellers. They sold net equity shares worth ` Cr Outlook In October, due to the progress of discussions on the measures to address the European debt problems, there was a return of capital to risky assets. The European summit actually agreed the measures to resolve the problems, but the effective implementation of any plan seems to be challenging. The solutions will be perceived as painful, and thus downward pressure will remain on the economy. On the domestic front, inflation seems to have been sticky, but it is expected to peak out due to commodity price fall and the economic slowdown. It is likely to pave the way for RBI to shift the monetary policy stance. Valuations remain inexpensive relative to its history, so that the current market still seems to offer investment opportunity for long-term investment. DEBT MARKET REVIEW The Reserve Bank of India has been grappling with inflation for quite some time and the month of September 2011 was no different. Inflation for the month of September 2011 was at 9.72% compared to 9.78% for the month of August 2011.Against this backdrop, RBI continued with its anti inflationary stance and raised policy rates by 25 bps as on 25 October RBI increased the Repo rate by 25 bps to 8.50%. The reverse repo rate under the LAF, determined with a spread of 100 basis points below the repo rate, automatically stands at 7.50%. Further the RBI has also deregulated savings bank interest rates with immediate effect. Each bank will offer uniform rate on savings bank upto Rs 1 lakh. may provide differential rates on savings bank over ` 1 lakh. India's food inflation continued with its upward climb and was recorded at percent for the week ended Oct The soaring food inflation comes even as the Reserve Bank of India (RBI) hiked key interest rates for the 13th straight time on 25 October The growth of Indian economy decelerated to 7.7 per cent in the April-June quarter of from 7.8 per cent in the previous quarter. Industrial growth, as measured by the index of industrial production, decelerated to 5.6 per cent during April-August 2011, down from 8.7 per cent in the corresponding period of last year. The below table gives RBI's policy rate hikes (in bps) at a glance: *The bracketed figures show Reverse repo and Repo in percentage term. issued 3-months CDs in the range of 9.20% -9.25% The 10-year bond (7.80% GS 2021) yield ended at 8.88% as on 31 October The 10-year AAA Corporate Bond yield was at 9.74% as on 31 October Outlook Inflation would remain the primary concern of the Reserve Bank of India in the coming months. The headline WPI inflation has remained stubbornly high averaging 9.6 per cent during the financial year so far. The behaviour of crude prices will be a crucial factor in shaping the outlook of domestic inflation in the near future. WPI is expected to decline further and reach around 7% levels by March 2012.Upon realisation of its inflation forecast,rbi is expected to pause the rate hike cycle. 3

4 LIC NOMURA MF LIQUID FUND Scheme Type: Debt - Liquid Launch Date: March 13, 2002 AUM as on 31/10/2011: INR Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs /- Name: Shri Y D Prasanna as on October 31, 2011 EXPENSE RATIO : 0.50% Growth Option Dividend Option (The expense ratio is 0.40 w.e.f. 16/08/2011.) Credit Rating High Low High Low Rate Sensitivity An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through judicious mix of investment in money market instruments and quality debt instruments. Industry Rating % to Nav Certificate Deposits ALLAHABAD BANK LTD BANKS A AXIS BANK LTD. BANKS A AXIS BANK LTD. BANKS P BANK OF MAHARASHTRA LTD BANKS P CANARA BANK LTD BANKS A CORPORATION BANK LTD BANKS P FEDERAL BANK LTD. BANKS P INDIAN BANK LTD BANKS F ING VYSYA BANK LTD. BANKS A ING VYSYA BANK LTD. BANKS P JAMMU & KASHMIR BANK LTD. BANKS A KARUR VYSYA BANK LTD. BANKS A KOTAK MAHINDRA BANK LTD. BANKS P ORIENTAL BANK OF COMMERCE LTD BANKS P PUNJAB & SIND BANK BANKS A PUNJAB NATIONAL BANK LTD BANKS PR SOUTH INDIAN BANK LTD. BANKS A STATE BANK OF BIKANER & JAIPUR BANKS A STATE BANK OF BIKANER & JAIPUR BANKS P STATE BANK OF MYSORE LTD BANKS A STATE BANK OF PATIALA BANKS A UCO BANK LTD BANKS A UCO BANK LTD BANKS P VIJAYA BANK LTD BANKS A VIJAYA BANK LTD BANKS PR YES BANK LTD. BANKS A Commercial Paper NATIONAL HOUSING BANK BANKS A BLUE STAR LTD. CONSUMER DURABLES A GRUH FINANCE LTD. FINANCE A HOUSING DEVELOPMENT FINANCE CORPORATION LTD. FINANCE A INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LTD. FINANCE A L&T FINANCE LTD. FINANCE A LIC HOUSING FINANCE LTD. FINANCE A HINDUSTAN PETROLEUM CORPORATION LTD. PETROLEUM PRODUCTS A INDIAN OIL CORPN. LTD. PETROLEUM PRODUCTS A INDIAN OIL CORPN. LTD. PETROLEUM PRODUCTS P Ohter Assets Cash & Cash Equivalent Scheme Total METRICS Average Maturity Duration 1.19 months 1.13 months MATURITY PROFILE FOR THE RATING PROFILE FOR THE COMPOSITION BY ASSETS Commercial Paper Cash & Equivalents 16.70% Certificate Deposits MUTUAL INTEREST November, 2011 DISCRETE 12 MONTHS RETURNS Period Fund C Fund~LX 1 year T-bill Oct 01, 2010 To Sep 30, Period Fund C Fund~LX 1 year T-bill Oct 01, 2009 To Sep 30, Last 1 Year 10,790 10,777 N.A. Oct 01, 2008 To Sep 30, Last 2 Years 11,310 11,213 N.A. Last 3 Years 12,128 11,978 N.A. ANNUALISED PERFORMANCE As on 31 October ,664 17,220 N.A. Period Fund C Fund~LX 1 year T-bill Last 7 Days Last 15 Days N.A. Last 30 Days * For Dividend History refer to page no. 26

5 LIC NOMURA MF SAVINGS PLUS FUND Scheme Type: Debt - Short Term Launch Date: May 29, 2003 AUM as on 31/10/2011: INR Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs. 5000/- Name: Shri Y D Prasanna as on October 31, 2011 Growth Option Dividend Option - Daily Dividend Option - Weekly Dividend Option - Monthly EXPENSE RATIO : 0.69% The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. Industry Rating % to Nav Certificate Deposits ALLAHABAD BANK LTD BANKS A BANK OF MAHARASHTRA LTD BANKS A JAMMU & KASHMIR BANK LTD. BANKS P KOTAK MAHINDRA BANK LTD. BANKS P PUNJAB & SIND BANK BANKS A UCO BANK LTD BANKS A Commercial Paper INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LTD. FINANCE A BHARAT PETROLEUM CORPN. LTD. PETROLEUM PRODUCTS A HINDUSTAN PETROLEUM CORPORATION LTD. PETROLEUM PRODUCTS A INDIAN OIL CORPN. LTD. PETROLEUM PRODUCTS A Ohter Assets Cash & Cash Equivalent 7.15 Scheme Total MATURITY PROFILE FOR THE RATING PROFILE FOR THE Cash & Equivalents 7.15 METRICS Average Maturity Duration Credit Rating High Low High Low Rate Sensitivity 1.09 months 0.98 months Period Fund C Fund~LX 1 year T-bill Last 1 Year 10,731 10,777 N.A. Last 2 Years 11,294 11,213 N.A. Last 3 Years 12,141 11,978 N.A. 16,128 16,218 N.A. DISCRETE 12 MONTHS RETURNS A1+/PR1+/P Period Fund C Fund~LX 1 year T-bill Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, N.A. COMPOSITION BY ASSETS Commercial Paper 48.65% Cash & Equivalents 7.15% Certificate Deposits 44.20% * For Dividend History refer to page no. 26 5

6 LIC NOMURA MF FLOATING RATE FUND Scheme Type: Debt - Floating Launch Date: March 15, 2004 AUM as on 31/10/2011: INR Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs. 5000/- Name: Shri Y D Prasanna The investment objective of the Scheme is to generate consistent return by investing mainly in a floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimize the interest rate risk for the investor. Industry Rating % to Nav Certificate Deposits ALLAHABAD BANK LTD BANKS A KOTAK MAHINDRA BANK LTD. BANKS P YES BANK LTD. BANKS A Commercial Paper BHARAT PETROLEUM CORPN. LTD. PETROLEUM PRODUCTS A INDIAN OIL CORPN. LTD. PETROLEUM PRODUCTS P Ohter Assets Cash & Cash Equivalent Scheme Total as on October 31, 2011 Growth Option Dividend Option - Daily Dividend Option - Weekly MATURITY PROFILE FOR THE RATING PROFILE FOR THE Cash & Equivalents EXPENSE RATIO : 0.60% Credit Rating High Low AAA/A1+/P1+/PR METRICS Average Maturity Duration High Low Rate Sensitivity 0.56 months 0.53 months DISCRETE 12 MONTHS RETURNS Period Fund C Fund~LX 1 year T-bill Last 1 Year 10,688 10,777 N.A. Last 2 Years 11,268 11,213 N.A. Last 3 Years 12,134 11,978 N.A. 16,607 15,562 N.A. Period Fund C Fund~LX 1 year T-bill Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, N.A. COMPOSITION BY ASSETS Cash & Equivalents 39.82% Certificate Deposits Commercial Paper * For Dividend History refer to page no MUTUAL INTEREST November, 2011

7 LIC NOMURA MF INCOME PLUS FUND Scheme Type: Debt Launch Date: May 28, 2007 AUM as on 31/10/2011: INR Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs /- Name: Shri Y D Prasanna as on October 31, 2011 Growth Option An open ended debt scheme which seeks to provide reasonable possible current income - consistent with preservation of capital and providing liquidity - from investing in a diversified portfolio of short-term money market and debt securities. Industry Rating % to Nav Certificate Deposits BANK OF MAHARASHTRA LTD BANKS A KARUR VYSYA BANK LTD. BANKS A UCO BANK LTD BANKS A VIJAYA BANK LTD BANKS A Commercial Paper NATIONAL HOUSING BANK BANKS A HOUSING DEVELOPMENT FINANCE CORPORATION LTD. FINANCE A INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LTD. FINANCE A BHARAT PETROLEUM CORPN. LTD. PETROLEUM PRODUCTS A INDIAN OIL CORPN. LTD. PETROLEUM PRODUCTS A Ohter Assets Cash & Cash Equivalent Scheme Total Dividend Option - Daily Dividend Option - Weekly Dividend Option - Monthly EXPENSE RATIO : 0.53% MATURITY PROFILE FOR THE RATING PROFILE FOR THE Cash & Equivalents Credit Rating High Low High Low Rate Sensitivity AAA/AA+/P1+/A METRICS Average Maturity Duration 1.33 months 1.26 months DISCRETE 12 MONTHS RETURNS Period Fund C Fund~LX 1 year T-bill Last 1 Year 10,759 10,777 N.A. Last 2 Years 11,318 11,213 N.A. Last 3 Years 12,166 11,978 N.A. 13,659 17,220 N.A. Period Fund C Fund~LX 1 year T-bill Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, N.A. COMPOSITION BY ASSETS Cash & Equivalents 12.67% Certificate Deposits Commercial Paper * For Dividend History refer to page no. 26 7

8 LIC NOMURA MF BOND FUND Scheme Type: Debt LIC MF Bond fund an open-ended Debt Scheme, will endeavor to generate an attractive return for its investors by investing in a portfolio of quality debt securities and money market instruments. Launch Date: March 26, 1999 AUM as on 31/10/2011: INR Cr Benchmark: Crisil Composite Bond Fund Index Minimum Investment: Rs. 5000/- Name: Shri Y D Prasanna as on October 31, 2011 Growth Option Industry Rating % to Nav Certificate Deposits FEDERAL BANK LTD. BANKS P Corporate Debt ANDHRA BANK LTD BANKS AAA(SO) 0.29 HOUSING DEVELOPMENT FINANCE CORPORATION LTD. FINANCE AAA 0.55 INDIAN RAILWAYS FINANCE CORPN LTD FINANCE AAA MAGMA FINCORP LTD FINANCE AA RURAL ELECTRIFICATION CORPN LTD FINANCE AAA SHRIRAM TRANSPORT FINANCE COMPANY LTD. FINANCE AA 0.14 PUNJ LLOYD LTD. INDUSTRIAL CAPITAL GOODS AA INDIAN OIL CORPN. LTD. PETROLEUM PRODUCTS AA JET AIRWAYS (INDIA) LTD. TRANSPORTATION AAA 2.02 Ohter Assets Cash & Cash Equivalent Scheme Total Dividend Option EXPENSE RATIO : 1.51% Credit Rating High Low MATURITY PROFILE FOR THE RATING PROFILE FOR THE Cash & Equivalents High Low Rate Sensitivity AA-/AA AAA/AAA(SO)/AA+/P METRICS Average Maturity Duration 2.31 years 2.08 years DISCRETE 12 MONTHS RETURNS Period Fund C CompBex 10 Year GOI Last 1 Year 10,807 10,558 N.A. Last 2 Years 11,419 11,135 N.A. Last 3 Years 12,980 12,250 N.A. 27,731 17,189 N.A. Period Fund C CompBex 10 year GOI Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, N.A. COMPOSITION BY ASSETS Cash & Equivalents Certificate Deposits 7.94 Corporate Debt * For Dividend History refer to page no MUTUAL INTEREST November, 2011

9 LIC NOMURA MF G-SEC FUND Scheme Type: Debt - Gilt Launch Date: November 15, 1999 AUM as on 31/10/2011: INR Cr Benchmark: I-Sec Composite Gilt Index Minimum Investment: Rs /- Name: Shri Y D Prasanna The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the central and /or state Government and /or any security unconditionally guaranteed by the central/ state government for repayment of Principal and interest and/or reverse repos in such securities as and when permitted by RBI. Industry Rating % to Nav Corporate Debt NATIONAL HOUSING BANK BANKS AAA INDIAN OIL CORPN. LTD. PETROLEUM PRODUCTS AA Government Securites 08.08% GOI 2022 GOVT SECURITIES SOVEREIGN % GOI 2022 GOVT SECURITIES SOVEREIGN DAYS TREASURY BILL 2012 GOVT SECURITIES 5.69 OTHER GOVERNMENT SECURITIES GOVT SECURITIES SOVEREIGN Ohter Assets Cash & Cash Equivalent Scheme Total as on October 31, 2011 Growth Option - Regular Growth Option - PF Dividend Option - Regular Dividend Option - PF MATURITY PROFILE FOR THE RATING PROFILE FOR THE Cash & Equivalents EXPENSE RATIO : 1.16% Credit Rating High Low AAA/AA+/ SOVEREIGN High Low Rate Sensitivity METRICS Average Maturity 6.11 years Duration 5.50 years DISCRETE 12 MONTHS RETURNS I Sec Period Fund Composite Gilt 10 year GOI Period Fund I Sec Composite Gilt 1O Year GOI Oct 01, 2010 To Sep 30, Last 1 Year 10,776 10,630 N.A. Oct 01, 2009 To Sep 30, Last 2 Years 10,928 11,230 N.A. Oct 01, 2008 To Sep 30, Last 3 Years 11,568 12,972 N.A. 23,717 N.A. N.A N.A. COMPOSITION BY ASSETS Cash & Equivalents Corporate Debt Government Securities

10 LIC NOMURA MF UNIT LINKED INSURANCE SCHEME Scheme Type: Insurance Linked Tax Saving Launch Date: June 19,1989 AUM as on 31/10/2011: INR Cr Exit Load: Nil Benchmark: Crisil Balanced Fund Index Minimum Investment: Rs.10000/- under Single Premium Option Rs.1000/- under Regular Premium - Yearly Option Rs.100/- under Regular Premium - Monthly Option Name: Mrs Bichitra Mahapatra as on October 31, 2011 EXPENSE RATIO : 2.00% ANNUAL TURNOVER RATIO : 0.51 times METRICS Growth Option Quantitative Indicators - Debt Component Average Maturity Duration Style Growth Value Large Small Market Cap Volatility 14.77% Sharpe Ratio Portfolio Beta 0.84 R squared years 0.59 years (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s 80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD MARUTI SUZUKI INDIA LTD BAJAJ AUTO LTD 0.01 HERO MOTOCORP LTD HDFC BANK LTD STATE BANK OF INDIA 1.22 ICICI BANK LTD PUNJAB NATIONAL BANK LTD 0.54 IDBI BANK LTD 0.18 UNION BANK OF INDIA LTD 0.18 AXIS BANK LTD KOTAK MAHINDRA BANK LTD Cement ACC LTD GRASIM INDUSTRIES LTD GUJARAT ALKALIES & CHEMICALS LTD Construction DLF LTD JAIPRAKASH ASSOCIATES LTD Consumer Non-durables TATA TEA LTD ITC LTD HINDUSTAN UNILEVER LTD TATA STEEL LTD JINDAL STEEL & POWER LTD STEEL AUTHORITY OF INDIA LTD HOUSING DEVELOPMENT FINANCE CORP. LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD RELIANCE CAPITAL LTD Gas GAIL (INDIA) LTD Hotels INDIAN HOTELS COMPANY LTD BHARAT HEAVY ELECTRICALS LTD LARSEN & TOUBRO LTD Industrial Products SIEMENS LTD Minerals/Mining STERLITE INDUSTRIES (INDIA) LTD COAL INDIA LTD SESA GOA LTD Non- HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD CAIRN INDIA LTD RELIANCE INDUSTRIES LTD HINDUSTAN PETROLEUM CORPORATION LTD BHARAT PETROLEUM CORPN. LTD CIPLA LTD LUPIN LTD DR REDDY'S LABORATORIES LTD JUBILANT LIFE SCIENCES LTD SUN PHARMACEUTICAL INDS. LTD RANBAXY LABORATORIES LTD TATA POWER COMPANY LTD NTPC LTD POWER GRID CORPN. OF INDIA LTD RELIANCE INFRASTRUCTURE LTD 0.00 RELIANCE POWER LTD 0.00 INFOSYS LTD TATA CONSULTANCY SERVICES LTD HCL TECHNOLOGIES LTD WIPRO LTD Telecom Services BHARTI AIRTEL LTD RELIANCE COMMUNICATIONS LTD Rating CORPORATE DEBT MAGMA FINCORP LTD AA Media & Entertainment DECCAN CHRONICLE HOLDINGS LTD. AA 8.65 DR REDDY'S LABORATORIES LTD. AA Transportation MUNDRA PORT & SPECIAL ECO. ZONE LTD AA 1.91 OHTER ASSETS Cash And Call, Current Assets And Receivables Scheme Total SECTOR ALLOCATION - Period Fund C BalanceEx Nifty Period Fund C BalanceEx Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,971 8,996 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 9,815 10,273 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 11,359 12,919 12,606 71,783 32,686 47, MUTUAL INTEREST November, 2011

11 LIC NOMURA MF BALANCED FUND Scheme Type: Balanced Launch Date: January 1, 1991 AUM as on 31/10/2011: INR Cr Benchmark: Crisil Balanced Fund Index Minimum Investment: Rs.1000/- Name: Mrs. Bichitra Mahapatra as on October 31, 2011 EXPENSE RATIO : 2.13% ANNUAL TURNOVER RATIO : 0.51 times METRICS Growth Option Dividend Option Style Growth Quantitative Indicators - Debt Component Average Maturity Duration Value Large Small Market Cap Volatility 17.35% Sharpe Ratio Portfolio Beta 0.94 R squared years 1.09 years (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) An open ended Income and Growth scheme which seeks to provide regular returns andcapital appreciation according to the selection of plan by investing in equities and debt instruments. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD BAJAJ AUTO LTD 0.01 HERO MOTOCORP LTD MARUTI SUZUKI INDIA LTD IDBI BANK LTD 4.25 YES BANK LTD UNION BANK OF INDIA LTD 2.95 ICICI BANK LTD HDFC BANK LTD STATE BANK OF INDIA 0.03 AXIS BANK LTD KOTAK MAHINDRA BANK LTD PUNJAB NATIONAL BANK LTD 0.01 Cement GUJARAT ALKALIES & CHEMICALS LTD GRASIM INDUSTRIES LTD ACC LTD Construction DLF LTD JAIPRAKASH ASSOCIATES LTD Consumer Non-durables HINDUSTAN UNILEVER LTD ITC LTD TATA STEEL LTD JINDAL STEEL & POWER LTD STEEL AUTHORITY OF INDIA LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD HOUSING DEVELOPMENT FINANCE CORP. LTD RELIANCE CAPITAL LTD Gas GAIL (INDIA) LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Industrial Products SIEMENS LTD Minerals/Mining SESA GOA LTD STERLITE INDUSTRIES (INDIA) LTD Non- HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD CAIRN INDIA LTD HINDUSTAN PETROLEUM CORPORATION LTD RELIANCE INDUSTRIES LTD BHARAT PETROLEUM CORPN. LTD LUPIN LTD RANBAXY LABORATORIES LTD JUBILANT LIFE SCIENCES LTD DR REDDY'S LABORATORIES LTD SUN PHARMACEUTICAL INDS. LTD CIPLA LTD PTC INDIA LTD NTPC LTD TATA POWER COMPANY LTD POWER GRID CORPN. OF INDIA LTD RELIANCE INFRASTRUCTURE LTD 0.00 RELIANCE POWER LTD 0.00 HCL TECHNOLOGIES LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD WIPRO LTD Telecom Services BHARTI AIRTEL LTD RELIANCE COMMUNICATIONS LTD Rating CORPORATE DEBT MAGMA FINCORP LTD AA PUNJ LLOYD LTD. AA 9.10 OHTER ASSETS Cash And Call, Current Assets And Receivables 8.77 Scheme Total SECTOR ALLOCATION - Period Fund C BalanceEx Nifty Period Fund C BalanceEx Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,734 8,996 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 9,726 10,273 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 11,518 12,919 12,606 51,521 32,686 47,

12 LIC NOMURA MF MONTHLY INCOME PLAN Scheme Type: Hybrid Launch Date: June 1, 2003 AUM as on 31/10/2011: INR Cr Benchmark: Crisil MIP Blended Index Minimum Investment: Rs.5000/- Name: Mrs. Bichitra Mahapatra as on October 31, 2011 EXPENSE RATIO : 1.94% ANNUAL TURNOVER RATIO : 0.04 times METRICS Growth Option Dividend Option - Monthly Dividend Option - Quarterly Dividend Option - Yearly Quantitative Indicators - Debt Component Average Maturity Duration Credit Rating High Low High Low Rate Sensitivity Volatility 4.81% Sharpe Ratio Portfolio Beta 0.72 R squared years 1.89 years (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments. % Of Nav MAHINDRA & MAHINDRA LTD STATE BANK OF INDIA 0.64 CANARA BANK LTD 0.50 UNION BANK OF INDIA LTD 0.25 Construction IRB INFRASTRUCTURE DEVELOPERS LTD 0.60 TATA STEEL LTD Gas GAIL (INDIA) LTD BHARAT HEAVY ELECTRICALS LTD Minerals/Mining STERLITE INDUSTRIES (INDIA) LTD RELIANCE INDUSTRIES LTD HINDUSTAN PETROLEUM CORPORATION LTD JUBILANT LIFE SCIENCES LTD RANBAXY LABORATORIES LTD WIPRO LTD Period Fund C MIPex 10 Years GOI Last 1 Year Last 2 Years 10,537 10,957 N.A. Last 3 Years 12,021 12,522 N.A. 32,576 20,674 N.A. 9,927 10,190 N.A N.A. Rating CORPORATE DEBT MAGMA FINCORP LTD AA RELIANCE CAPITAL LTD. AAA RURAL ELECTRIFICATION CORPN LTD AAA SHRIRAM TRANSPORT FINANCE COMPANY LTD. AA 6.10 PUNJ LLOYD LTD. AA Media & Entertainment DECCAN CHRONICLE HOLDINGS LTD. AA 3.36 Transportation MUNDRA PORT & SPECIAL ECONOMIC ZONE LTD AA 9.78 OHTER ASSETS Cash And Call, Current Assets And Receivables 5.60 Scheme Total Period Fund C MIPex 10 Yrs GOI Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, SECTOR ALLOCATION - * For Dividend History refer to page no MUTUAL INTEREST November, 2011

13 LIC NOMURA MF CHILDREN'S FUND Scheme Type: Balanced Launch Date: September 26, 2001 AUM as on 31/10/2011: INR 5.03 Cr Benchmark: Crisil Balanced Fund Index Minimum Investment: Rs.5000/- Name: Mrs. Bichitra Mahapatra as on October 31, 2011 EXPENSE RATIO : 2.25% ANNUAL TURNOVER RATIO : 0.16 times METRICS Growth Option Quantitative Indicators - Debt Component Average Maturity Duration Style Growth Value Large Small Market Cap Volatility 26.30% Sharpe Ratio Portfolio Beta 1.42 R squared years 1.57 years (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) An open ended scheme which seeks to generate long term capital growth through a judicious mix of investment in quality debt securities and equities with relatively low risk levels through research based investments. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD HERO MOTOCORP LTD BAJAJ AUTO LTD 0.00 MARUTI SUZUKI INDIA LTD HDFC BANK LTD AXIS BANK LTD DENA BANK LTD 0.80 ALLAHABAD BANK LTD 0.30 ANDHRA BANK LTD 0.24 ICICI BANK LTD STATE BANK OF INDIA 0.01 KOTAK MAHINDRA BANK LTD PUNJAB NATIONAL BANK LTD 0.00 Cement GUJARAT ALKALIES & CHEMICALS LTD GRASIM INDUSTRIES LTD ACC LTD Construction DLF LTD JAIPRAKASH ASSOCIATES LTD Consumer Durables VOLTAS LTD Consumer Non-durables ITC LTD HINDUSTAN UNILEVER LTD TATA STEEL LTD STEEL AUTHORITY OF INDIA LTD JINDAL STEEL & POWER LTD IFCI LTD HOUSING DEVELOPMENT FINANCE CORP. LTD RELIANCE CAPITAL LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Gas GAIL (INDIA) LTD Hotels INDIAN HOTELS COMPANY LTD BHARAT HEAVY ELECTRICALS LTD LARSEN & TOUBRO LTD Industrial Products SIEMENS LTD Minerals/Mining SESA GOA LTD STERLITE INDUSTRIES (INDIA) LTD GUJARAT NRE COKE LTD Non- HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD CAIRN INDIA LTD RELIANCE INDUSTRIES LTD BHARAT PETROLEUM CORPN. LTD CIPLA LTD DR REDDY'S LABORATORIES LTD RANBAXY LABORATORIES LTD SUN PHARMACEUTICAL INDS. LTD NTPC LTD POWER GRID CORPN. OF INDIA LTD RELIANCE INFRASTRUCTURE LTD 0.00 RELIANCE POWER LTD 0.00 TATA POWER COMPANY LTD TATA CONSULTANCY SERVICES LTD INFOSYS LTD WIPRO LTD HCL TECHNOLOGIES LTD Telecom Services BHARTI AIRTEL LTD RELIANCE COMMUNICATIONS LTD Rating CORPORATE DEBT SHRIRAM TRANSPORT FINANCE COMPANY LTD. AA PUNJ LLOYD LTD. AA OHTER ASSETS Cash And Call, Current Assets And Receivables 7.39 Scheme Total SECTOR ALLOCATION - Period Fund C BalanceEx Nifty Period Fund C BalanceEx Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,639 8,996 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 8,725 10,273 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 9,295 12,919 12,606 9,273 32,686 47, * For Dividend History refer to page no

14 LIC NOMURA MF FLOATER MIP Scheme Type: Hybrid Launch Date: September 21, 2004 AUM as on 31/10/2011: INR Cr Benchmark: Crisil MIP Blended Index Minimum Investment: Rs.5000/- Name: Mrs. Bichitra Mahapatra as on September 30, 2011 EXPENSE RATIO : 1.40% ANNUAL TURNOVER RATIO : 0.63 times METRICS Growth Option Dividend Option - Monthly Dividend Option - Quarterly Dividend Option - Yearly Quantitative Indicators - Debt Component Average Maturity Duration Credit Rating High Low High Low Rate Sensitivity 1.24 years 1.12 years The investment objective of the scheme is to generate regular income by investing mainly in floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimize the interest rate risk and at the same time aiming at generating capital appreciation in a long term investing in equity/equity related instruments. MAHINDRA & MAHINDRA LTD HDFC BANK LTD STATE BANK OF INDIA 0.48 CANARA BANK LTD 0.40 BANK OF BARODA LTD 0.33 TATA STEEL LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Hotels INDIAN HOTELS COMPANY LTD BHARAT HEAVY ELECTRICALS LTD LARSEN & TOUBRO LTD Minerals/Mining SESA GOA LTD Non- HINDALCO INDUSTRIES LTD RELIANCE INDUSTRIES LTD HINDUSTAN PETROLEUM CORPORATION LTD CIPLA LTD BIOCON LTD JUBILANT LIFE SCIENCES LTD RANBAXY LABORATORIES LTD PTC INDIA LTD HCL TECHNOLOGIES LTD TATA CONSULTANCY SERVICES LTD Rating CORPORATE DEBT MAGMA FINCORP LTD AA RELIANCE CAPITAL LTD. AAA SHRIRAM TRANSPORT FINANCE COMPANY LTD. AA PUNJ LLOYD LTD. AA Media & Entertainment DECCAN CHRONICLE HOLDINGS LTD. AA Transportation MUNDRA PORT & SPECIAL ECONOMIC ZONE LTD AA OHTER ASSETS Cash And Call, Current Assets And Receivables 6.60 Scheme Total Volatility 4.43% Sharpe Ratio Portfolio Beta 0.71 R squared 0.84 (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) SECTOR ALLOCATION - Period Fund C MIPex 10 Yrs GOI Period Fund C MIPex 10 Years GOI Oct 01, 2010 To Sep 30, Last 1 Year 10,222 10,190 N.A. Oct 01, 2009 To Sep 30, Last 2 Years 11,101 10,957 N.A. Oct 01, 2008 To Sep 30, Last 3 Years 12,649 12,522 N.A. 18,760 20,674 N.A N.A. * For Dividend History refer to page no MUTUAL INTEREST November, 2011

15 LIC NOMURA MF EQUITY FUND Scheme Type: Equity - Diversified Date of allotment: April 16, 1998 AUM as on 31/10/2011: INR Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka As on October 30, 2011 EXPENSE RATIO : 1.63% ANNUAL TURNOVER RATIO : 0.20 times Growth Option Dividend Option Style Growth Value Large Small Volatility 27.20% Sharpe Ratio Portfolio Beta 1.00 R squared 0.95 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) An open ended pure Growth scheme seeking to provide capital growth by investing mainly in mix of equity instruments. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD HERO MOTOCORP LTD MARUTI SUZUKI INDIA LTD Ancillaries BHARAT FORGE LTD HDFC BANK LTD ICICI BANK LTD AXIS BANK LTD STATE BANK OF INDIA 2.62 KOTAK MAHINDRA BANK LTD ANDHRA BANK LTD 0.68 UNION BANK OF INDIA LTD 0.52 IDBI BANK LTD 0.47 YES BANK LTD PUNJAB NATIONAL BANK LTD 0.28 BANK OF BARODA LTD 0.26 Cement GUJARAT ALKALIES & CHEMICALS LTD Consumer Durables VIDEOCON INDUSTRIES LTD VOLTAS LTD Consumer Non-durables ITC LTD TATA STEEL LTD STEEL AUTHORITY OF INDIA LTD JINDAL STEEL & POWER LTD Fertilisers CHAMBAL FERTILISERS & CHEMICALS LTD HOUSING DEVELOPMENT FINANCE CORP. LTD IFCI LTD Gas GAIL (INDIA) LTD Hotels INDIAN HOTELS COMPANY LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Industrial Products SIEMENS LTD Minerals/Mining STERLITE INDUSTRIES (INDIA) LTD SESA GOA LTD NMDC LTD 0.67 COAL INDIA LTD MOIL LTD Non- HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD INDIAN OIL CORPN. LTD HINDUSTAN PETROLEUM CORPORATION LTD BHARAT PETROLEUM CORPN. LTD DR REDDY'S LABORATORIES LTD RANBAXY LABORATORIES LTD SUN PHARMACEUTICAL INDS. LTD CIPLA LTD NTPC LTD RELIANCE INFRASTRUCTURE LTD 0.65 POWER GRID CORPN. OF INDIA LTD TATA POWER COMPANY LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD WIPRO LTD HCL TECHNOLOGIES LTD Telecom Services BHARTI AIRTEL LTD IDEA CELLULAR LTD Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 3.96 Total Assets SECTOR ALLOCATION - TOTAL ASSETS Period Fund BSE Sensex Nifty Period Fund BSE Sensex Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,026 8,199 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 9,271 9,607 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 11,991 12,794 12,606 23,060 62,770 61,

16 LIC NOMURA MF GROWTH FUND Scheme Type: Equity - Diversified Date of allotment: September 1, 1994 AUM as on 31/10/2011: INR Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka As on October 31, 2011 EXPENSE RATIO : 1.63% ANNUAL TURNOVER RATIO: 0.27 times Growth Option Dividend Option Style Growth Value Large Small Volatility 28.83% Sharpe Ratio Portfolio Beta 1.05 R squared 0.94 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) An open ended pure Growth scheme seeking to provide capital growth by investing mainly in equity instruments and also in debt and other permitted instruments of capital and money markets. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD HERO MOTOCORP LTD MARUTI SUZUKI INDIA LTD AUTO ANCILLARIES BHARAT FORGE LTD HDFC BANK LTD STATE BANK OF INDIA 3.93 ICICI BANK LTD AXIS BANK LTD IDBI BANK LTD 0.95 KOTAK MAHINDRA BANK LTD ANDHRA BANK LTD 0.72 UNION BANK OF INDIA LTD 0.53 BANK OF BARODA LTD 0.44 YES BANK LTD PUNJAB NATIONAL BANK LTD 0.20 Consumer Durables VOLTAS LTD Consumer Non-durables ITC LTD HINDUSTAN UNILEVER LTD BALRAMPUR CHINI MILLS LTD TATA STEEL LTD JINDAL STEEL & POWER LTD STEEL AUTHORITY OF INDIA LTD HOUSING DEVELOPMENT FINANCE CORP.N LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Gas GAIL (INDIA) LTD PETRONET LNG LTD Hotels INDIAN HOTELS COMPANY LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Industrial Products SIEMENS LTD Minerals/Mining STERLITE INDUSTRIES (INDIA) LTD SESA GOA LTD NMDC LTD 0.63 COAL INDIA LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD BHARAT PETROLEUM CORPN. LTD SUN PHARMACEUTICAL INDS. LTD DR REDDY'S LABORATORIES LTD CIPLA LTD RANBAXY LABORATORIES LTD NEYVELI LIGNITE CORPN. LTD NTPC LTD PTC INDIA LTD TATA POWER COMPANY LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD WIPRO LTD HCL TECHNOLOGIES LTD Telecom Services BHARTI AIRTEL LTD IDEA CELLULAR LTD Transportation MUNDRA PORT & SPECIAL ECONOMIC ZONE LTD 0.69 Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 4.52 Total Assets SECTOR ALLOCATION - TOTAL ASSETS Period Fund BSE Sensex Nifty Period Fund BSE Sensex Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,022 8,199 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 9,463 9,607 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 12,883 12,794 12,606 11,217 40,087 39, MUTUAL INTEREST November, 2011

17 LIC NOMURA MF TAX PLAN Scheme Type: Equity Linked Savings Scheme Date of allotment: January 10, 1997 AUM as on 31/10/2011: INR Cr Exit Load: Nil Benchmark: BSE Sensex Minimum Investment: Rs. 500/- Offered under ELSS - 3 years lock-in period Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 2.24% ANNUAL TURNOVER RATIO: 0.42 times Growth Option Dividend Option Style Growth Value Large Small Volatility 26.16% Sharpe Ratio Portfolio Beta 0.96 R squared 0.95 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD MARUTI SUZUKI INDIA LTD Ancillaries MRF LTD BHARAT FORGE LTD HDFC BANK LTD ICICI BANK LTD STATE BANK OF INDIA 4.14 KOTAK MAHINDRA BANK LTD AXIS BANK LTD BANK OF BARODA LTD 0.87 PUNJAB NATIONAL BANK LTD 0.42 UNION BANK OF INDIA LTD 0.32 ALLAHABAD BANK LTD 0.21 ANDHRA BANK LTD 0.13 Consumer Durables VOLTAS LTD Consumer Non-durables ITC LTD TATA STEEL LTD JINDAL STEEL & POWER LTD STEEL AUTHORITY OF INDIA LTD HOUSING DEVELOPMENT FINANCE CORP. LTD RURAL ELECTRIFICATION CORPN LTD 0.61 INFRASTRUCTURE DEV. FINANCE COMPANY LTD Gas GAIL (INDIA) LTD Hotels INDIAN HOTELS COMPANY LTD Period Fund BSE Sensex Nifty Last 1 Year 8,118 8,199 8,198 Last 2 Years 9,243 9,607 9,723 Last 3 Years 11,991 12,794 12,606 25,703 50,410 53,059 LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Minerals/Mining SESA GOA LTD NMDC LTD 0.28 Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD INDIAN OIL CORPN. LTD BHARAT PETROLEUM CORPN. LTD HINDUSTAN PETROLEUM CORPORATION LTD DR REDDY'S LABORATORIES LTD RANBAXY LABORATORIES LTD CIPLA LTD SUN PHARMACEUTICAL INDS. LTD TATA POWER COMPANY LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD WIPRO LTD Telecom Services BHARTI AIRTEL LTD IDEA CELLULAR LTD Transportation CONTAINER CORPN. OF INDIA LTD MUNDRA PORT & SPECIAL ECONOMIC ZONE LTD 0.41 Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 4.85 Total Assets Period Fund BSE Sensex Nifty Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, SECTOR ALLOCATION - TOTAL ASSETS

18 LIC NOMURA MF INDEX FUND - SENSEX PLAN Scheme Type: Equity - Index Date of allotment: November 14, 2002 AUM as on 31/10/2011: INR Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on October 31, 2011 Growth Option Dividend Option Style Growth Value Large Small Market Cap The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD BAJAJ AUTO LTD 1.69 HERO MOTOCORP LTD MARUTI SUZUKI INDIA LTD ICICI BANK LTD HDFC BANK LTD STATE BANK OF INDIA 3.68 Construction DLF LTD JAIPRAKASH ASSOCIATES LTD Consumer Non-durables ITC LTD HINDUSTAN UNILEVER LTD TATA STEEL LTD JINDAL STEEL & POWER LTD HOUSING DEVELOPMENT FINANCE CORP. LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Minerals / Mining COAL INDIA LTD STERLITE INDUSTRIES (INDIA) LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD SUN PHARMACEUTICAL INDS. LTD CIPLA LTD NTPC LTD TATA POWER COMPANY LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD WIPRO LTD Telecom Services BHARTI AIRTEL LTD Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 1.71 Total Assets EXPENSE RATIO : 1.39% ANNUAL TURNOVER RATIO : 0.11 times Tracking error 1.60% Volatility 25.73% Sharpe Ratio Portfolio Beta 0.96 R squared 0.97 (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) Period Fund BSE Sensex Nifty Period Fund BSE Sensex Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,225 8,199 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 9,671 9,607 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 12,685 12,794 12,606 34,034 51,087 47, SECTOR ALLOCATION - TOTAL ASSETS 18 MUTUAL INTEREST November, 2011

19 LIC NOMURA MF INDEX FUND - NIFTY PLAN Scheme Type: Equity - Index Date of allotment: November 14, 2002 AUM as on 31/10/2011: INR Cr Benchmark: S&P CNX Nifty Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 1.17% ANNUAL TURNOVER RATIO : 0.20 times Growth Option Dividend Option Style Growth Value Large Small Tracking error 1.88% Volatility 25.66% Sharpe Ratio Portfolio Beta 0.98 R squared 0.97 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) SECTOR ALLOCATION - TOTAL ASSETS The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD BAJAJ AUTO LTD 1.39 HERO MOTOCORP LTD MARUTI SUZUKI INDIA LTD ICICI BANK LTD HDFC BANK LTD STATE BANK OF INDIA 2.95 AXIS BANK LTD KOTAK MAHINDRA BANK LTD PUNJAB NATIONAL BANK LTD 0.77 Cement GRASIM INDUSTRIES LTD GUJARAT ALKALIES & CHEMICALS LTD ACC LTD Construction DLF LTD JAIPRAKASH ASSOCIATES LTD Consumer Non-durables ITC LTD HINDUSTAN UNILEVER LTD TATA STEEL LTD JINDAL STEEL & POWER LTD STEEL AUTHORITY OF INDIA LTD HOUSING DEVELOPMENT FINANCE CORP. LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Gas GAIL (INDIA) LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Period Fund Nifty Sensex Last 1 Year 8,273 8,198 8,199 Last 2 Years 9,832 9,723 9,607 Last 3 Years 12,042 12,606 12,794 30,371 47,092 51,087 Industrial Products SIEMENS LTD Minerals / Mining COAL INDIA LTD STERLITE INDUSTRIES (INDIA) LTD SESA GOA LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD CAIRN INDIA LTD RELIANCE INDUSTRIES LTD BHARAT PETROLEUM CORPN. LTD DR REDDY'S LABORATORIES LTD SUN PHARMACEUTICAL INDS. LTD CIPLA LTD RANBAXY LABORATORIES LTD NTPC LTD TATA POWER COMPANY LTD POWER GRID CORPN. OF INDIA LTD RELIANCE INFRASTRUCTURE LTD 0.38 RELIANCE POWER LTD 0.31 INFOSYS LTD TATA CONSULTANCY SERVICES LTD WIPRO LTD HCL TECHNOLOGIES LTD Telecom Services BHARTI AIRTEL LTD RELIANCE COMMUNICATIONS LTD Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 2.94 Total Assets Period Fund Nifty Oct 01, 2010 To Sep 30, 2011 Sensex Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30,

20 LIC NOMURA MF INDEX FUND - SENSEX ADVANTAGE PLAN Scheme Type: Equity - Index Date of allotment: November 14, 2002 AUM as on 31/10/2011: INR 4.52 Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 1.50% ANNUAL TURNOVER RATIO : 0.22 times Growth Option Dividend Option Style Growth Value Large Small Tracking error 4.00% Volatility 25.62% Sharpe Ratio Portfolio Beta 0.95 R squared 0.96 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD BAJAJ AUTO LTD 1.30 HERO MOTOCORP LTD MARUTI SUZUKI INDIA LTD Ancillaries BHARAT FORGE LTD ICICI BANK LTD HDFC BANK LTD STATE BANK OF INDIA 2.82 KOTAK MAHINDRA BANK LTD BANK OF BARODA LTD 1.30 AXIS BANK LTD Cement GUJARAT ALKALIES & CHEMICALS LTD Construction DLF LTD JAIPRAKASH ASSOCIATES LTD Consumer Non-durables ITC LTD HINDUSTAN UNILEVER LTD TATA STEEL LTD JINDAL STEEL & POWER LTD HOUSING DEVELOPMENT FINANCE CORP. LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Gas PETRONET LNG LTD GAIL (INDIA) LTD Period Fund BSE Sensex Nifty Last 1 Year 8,182 8,199 8,198 Last 2 Years 9,503 9,607 9,723 Last 3 Years 12,928 12,794 12,606 32,419 51,087 47,092 LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Minerals / Mining SESA GOA LTD COAL INDIA LTD STERLITE INDUSTRIES (INDIA) LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD SUN PHARMACEUTICAL INDS. LTD LUPIN LTD CIPLA LTD TATA POWER COMPANY LTD NTPC LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD HCL TECHNOLOGIES LTD WIPRO LTD Telecom Services BHARTI AIRTEL LTD IDEA CELLULAR LTD Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 6.75 Total Assets Period Fund BSE Sensex Nifty Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, SECTOR ALLOCATION - TOTAL ASSETS MUTUAL INTEREST November, 2011

21 LIC NOMURA MF OPPORTUNITIES FUND Scheme Type: Equity - Diversified Date of allotment: January 31, 2005 AUM as on 31/10/2011: INR Cr Benchmark: BSE 200 Minimum Investment: Rs. 5000/- Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 2.11% Growth Option Dividend Option Style Growth Value Large Small Market Cap ANNUAL TURNOVER RATIO : 0.21 times The investment objective of the scheme is to provide capital growth in long-term with reasonable risk levels by investing mainly in companies which are in sector/s, which have a high growth potential at that point of time. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD MARUTI SUZUKI INDIA LTD Ancillaries BHARAT FORGE LTD ICICI BANK LTD HDFC BANK LTD STATE BANK OF INDIA 3.12 KOTAK MAHINDRA BANK LTD AXIS BANK LTD BANK OF BARODA LTD 0.98 ANDHRA BANK LTD 0.61 PUNJAB NATIONAL BANK LTD 0.53 ALLAHABAD BANK LTD 0.41 Consumer Durables GODREJ CONSUMER PRODUCTS LTD Consumer Non-durables ITC LTD TATA STEEL LTD JINDAL STEEL & POWER LTD STEEL AUTHORITY OF INDIA LTD HOUSING DEVELOPMENT FINANCE CORP. LTD Gas GAIL (INDIA) LTD PETRONET LNG LTD Hotels INDIAN HOTELS COMPANY LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Minerals / Mining NMDC LTD 1.94 STERLITE INDUSTRIES (INDIA) LTD SESA GOA LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD INDIAN OIL CORPN. LTD BHARAT PETROLEUM CORPN. LTD DR REDDY'S LABORATORIES LTD RANBAXY LABORATORIES LTD CIPLA LTD POWER GRID CORPN. OF INDIA LTD PTC INDIA LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD HCL TECHNOLOGIES LTD WIPRO LTD Telecom Services BHARTI AIRTEL LTD Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 5.19 Total Assets Volatility 24.51% Sharpe Ratio Portfolio Beta 0.87 R squared 0.96 (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) Period Fund BSE 200 Nifty Period Fund BSE 200 Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,040 8,015 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 9,251 9,682 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 11,379 13,038 12,606 16,177 23,164 24,194 SECTOR ALLOCATION - TOTAL ASSETS

22 LIC NOMURA MF INDIA VISION FUND Scheme Type: Equity - Diversified Date of allotment: November 23, 2006 AUM as on 31/10/2011: INR Cr Benchmark: BSE 200 Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 2.50% ANNUAL TURNOVER RATIO : 0.37 times Growth Option Dividend Option Style Growth Value Large Small Volatility 23.24% Sharpe Ratio Portfolio Beta 0.79 R squared 0.92 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) The investment objective of the Scheme is to generate long-term appreciation by identifying growth sectors and investing in the universe of companies within such sectors. The emphasis will be to pick up undervalued stocks in the mid and small cap segment that have potential to grow into large cap segment in the identified sectors. Investment in large cap stocks in the identified sectors will be purely to take short-term advantage of the market momentum. TATA MOTORS LTD MAHINDRA & MAHINDRA LTD ASHOK LEYLAND LTD Ancillaries BHARAT FORGE LTD ICICI BANK LTD YES BANK LTD STATE BANK OF INDIA 2.60 IDBI BANK LTD 2.08 AXIS BANK LTD HDFC BANK LTD BANK OF BARODA LTD 0.97 ORIENTAL BANK OF COMMERCE LTD 0.91 KOTAK MAHINDRA BANK LTD ANDHRA BANK LTD 0.67 ALLAHABAD BANK LTD 0.57 VIJAYA BANK LTD 0.26 Construction IRB INFRASTRUCTURE DEVELOPERS LTD 0.43 Consumer Durables GODREJ CONSUMER PRODUCTS LTD Consumer Non-durables ITC LTD TATA TEA LTD TATA STEEL LTD HOUSING DEVELOPMENT FINANCE CORP. LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Period Fund BSE 200 Nifty Last 1 Year 7,710 8,015 8,198 Last 2 Years 9,242 9,682 9,723 Last 3 Years 9,498 13,038 12,606 7,593 12,591 12,769 Gas GAIL (INDIA) LTD PETRONET LNG LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Minerals / Mining SESA GOA LTD COAL INDIA LTD STERLITE INDUSTRIES (INDIA) LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD HINDUSTAN PETROLEUM CORPORATION LTD BHARAT PETROLEUM CORPN. LTD SUN PHARMACEUTICAL INDS. LTD RANBAXY LABORATORIES LTD LUPIN LTD JUBILANT LIFE SCIENCES LTD PTC INDIA LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD HCL TECHNOLOGIES LTD Telecom Services BHARTI AIRTEL LTD Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 4.66 Total Assets Period Fund BSE 200 Nifty Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, SECTOR ALLOCATION - TOTAL ASSETS MUTUAL INTEREST November, 2011

23 LIC NOMURA MF SYSTEMATIC ASSET ALLOCATION FUND Scheme Type: Equity - Diversified Date of allotment: August 16, 2007 AUM as on 31/10/2011: INR Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 2.23% Growth Option Dividend Option Style Growth Value Large Small Market Cap ANNUAL TURNOVER RATIO : 0.22 times The investment objective of the scheme is to achieve a long term growth by investing systematically in the Equity / Equity related instruments. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD HERO MOTOCORP LTD HDFC BANK LTD STATE BANK OF INDIA 3.26 AXIS BANK LTD BANK OF BARODA LTD 1.32 DENA BANK LTD 0.41 ALLAHABAD BANK LTD 0.08 ANDHRA BANK LTD 0.06 Cement ACC LTD Consumer Durables VOLTAS LTD Consumer Non-durables ITC LTD TATA STEEL LTD JINDAL STEEL & POWER LTD HOUSING DEVELOPMENT FINANCE CORP. LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Gas GAIL (INDIA) LTD Hotels INDIAN HOTELS COMPANY LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Minerals / Mining SESA GOA LTD STERLITE INDUSTRIES (INDIA) LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD BHARAT PETROLEUM CORPN. LTD HINDUSTAN PETROLEUM CORPORATION LTD CIPLA LTD RANBAXY LABORATORIES LTD NTPC LTD TATA POWER COMPANY LTD NEYVELI LIGNITE CORPN. LTD INFOSYS LTD TATA CONSULTANCY SERVICES LTD Telecom Services BHARTI AIRTEL LTD Transportation MUNDRA PORT & SPECIAL ECONOMIC ZONE LTD 1.40 Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 4.73 Total Assets Volatility 16.85% Sharpe Ratio Portfolio Beta 0.91 R squared 0.89 (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) Period Fund BSE Sensex Nifty Period Fund BSE Sensex Nifty Oct 01, 2010 To Sep 30, Last 1 Year 8,183 8,199 8,198 Oct 01, 2009 To Sep 30, Last 2 Years 8,507 9,607 9,723 Oct 01, 2008 To Sep 30, Last 3 Years 9,321 12,794 12,606 8,921 10,545 10, SECTOR ALLOCATION - TOTAL ASSETS 23

24 LIC NOMURA MF TOP 100 FUND Scheme Type: Equity - Diversified Date of allotment: November 15, 2007 AUM as on 31/10/2011: INR Cr Benchmark: CNX 100 Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 2.35% ANNUAL TURNOVER RATIO : 0.16 times Growth Option Dividend Option Style Growth Value Large Small Volatility 23.44% Sharpe Ratio Portfolio Beta 0.87 R squared 0.96 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) The investment objective of the scheme is to provide long term capital appreciation from a portfolio of equity and equity related instruments primarily drawn from the companies in CNX 100 index. TATA MOTORS LTD MAHINDRA & MAHINDRA LTD Ancillaries BHARAT FORGE LTD HDFC BANK LTD AXIS BANK LTD STATE BANK OF INDIA 3.00 BANK OF BARODA LTD 2.75 ICICI BANK LTD IDBI BANK LTD 1.33 KOTAK MAHINDRA BANK LTD UNION BANK OF INDIA LTD 0.71 VIJAYA BANK LTD 0.08 Consumer Non-durables ITC LTD HINDUSTAN UNILEVER LTD TATA STEEL LTD JINDAL STEEL & POWER LTD STEEL AUTHORITY OF INDIA LTD HOUSING DEVELOPMENT FINANCE CORP. LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD POWER FINANCE CORPN. LTD Gas GAIL (INDIA) LTD Hotels INDIAN HOTELS COMPANY LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Period Fund CNX 100 Nifty Last 1 Year 7,805 8,134 8,198 Last 2 Years 8,892 9,836 9,723 Last 3 Years 10,481 13,092 12,606 7,452 8,158 8,174 Industrial Products SIEMENS LTD Minerals / Mining STERLITE INDUSTRIES (INDIA) LTD SESA GOA LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD HINDUSTAN PETROLEUM CORPORATION LTD SUN PHARMACEUTICAL INDS. LTD LUPIN LTD RANBAXY LABORATORIES LTD CIPLA LTD BIOCON LTD TATA POWER COMPANY LTD RELIANCE INFRASTRUCTURE LTD 0.50 INFOSYS LTD TATA CONSULTANCY SERVICES LTD WIPRO LTD HCL TECHNOLOGIES LTD Telecom Services BHARTI AIRTEL LTD IDEA CELLULAR LTD Transportation MUNDRA PORT & SPECIAL ECONOMIC ZONE LTD 0.74 Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 4.74 Total Assets Period Fund CNX 100 Nifty Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, SECTOR ALLOCATION - TOTAL ASSETS MUTUAL INTEREST November, 2011

25 LIC NOMURA MF INFRASTRUCTURE FUND Scheme Type: Equity - Diversified Date of allotment: January 31, 2008 AUM as on 31/10/2011: INR Cr Benchmark: BSE 100 Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on October 31, 2011 EXPENSE RATIO : 2.43% ANNUAL TURNOVER RATIO : 0.10 times Growth Option Dividend Option Style Growth Value Large Small Volatility 26.76% Sharpe Ratio Portfolio Beta 0.96 R squared 0.96 Market Cap (Risk free rate use for calculation of sharp ratio is 7.9%, Figure based on 3 years monthly data History) The investment objective of the scheme is to provide long term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. MAHINDRA & MAHINDRA LTD TATA MOTORS LTD HERO MOTOCORP LTD MARUTI SUZUKI INDIA LTD Ancillaries BHARAT FORGE LTD ICICI BANK LTD HDFC BANK LTD STATE BANK OF INDIA 2.34 KOTAK MAHINDRA BANK LTD IDBI BANK LTD 1.73 UNION BANK OF INDIA LTD 0.92 ORIENTAL BANK OF COMMERCE LTD 0.71 ANDHRA BANK LTD 0.68 BANK OF INDIA LTD 0.54 AXIS BANK LTD Cement ACC LTD GUJARAT ALKALIES & CHEMICALS LTD Consumer Durables VOLTAS LTD JINDAL STEEL & POWER LTD TATA STEEL LTD STEEL AUTHORITY OF INDIA LTD JSW STEEL LTD HOUSING DEVELOPMENT FINANCE CORP.N LTD INFRASTRUCTURE DEV. FINANCE COMPANY LTD Period Fund BSE 100 Nifty Last 1 Year 7,415 8,105 8,198 Last 2 Years 8,230 9,645 9,723 Last 3 Years 10,423 12,872 12,606 8,105 9,158 9,463 Gas GAIL (INDIA) LTD Hotels INDIAN HOTELS COMPANY LTD LARSEN & TOUBRO LTD BHARAT HEAVY ELECTRICALS LTD Minerals / Mining STERLITE INDUSTRIES (INDIA) LTD SESA GOA LTD NMDC LTD 0.87 GUJARAT NRE COKE LTD Non-ferrous Metals HINDALCO INDUSTRIES LTD Oil OIL & NATURAL GAS CORPN. LTD RELIANCE INDUSTRIES LTD INDIAN OIL CORPN. LTD HINDUSTAN PETROLEUM CORPORATION LTD BHARAT PETROLEUM CORPN. LTD TATA POWER COMPANY LTD NTPC LTD Telecom Services BHARTI AIRTEL LTD IDEA CELLULAR LTD Transportation MUNDRA PORT & SPECIAL ECONOMIC ZONE LTD 0.67 CONTAINER CORPN. OF INDIA LTD Total Equity Holdings Other Assets Cash and Call, Current Assets and Receivables 4.44 Total Assets Period Fund BSE 100 Nifty Oct 01, 2010 To Sep 30, Oct 01, 2009 To Sep 30, Oct 01, 2008 To Sep 30, SECTOR ALLOCATION - TOTAL ASSETS

26 DIVIDEND HISTORY DIVIDEND HISTORY OF LIC NOMURA MF LIQUID FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit August, September, October, DIVIDEND HISTORY OF LIC NOMURA MF SAVINGS PLUS FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Daily August, September, October, Weekly August, September, October, Monthly August, September, October, DIVIDEND HISTORY OF LIC NOMURA MF FLOATER MIP Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Monthly June 30, October 31, Quarterly June 14, Yearly April 1, March 9, June 14, DIVIDEND HISTORY OF LIC NOMURA MF BOND FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Quarterly August 11, DIVIDEND HISTORY OF LIC NOMURA MF G-SEC FUND PF PLAN Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit August 11, DIVIDEND HISTORY OF LIC NOMURA MF MONTHLY INCOME PLAN Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Yearly April 9, March 9, June 14, DIVIDEND HISTORY OF LIC NOMURA MF INCOME PLUS FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Daily August, September, October, Weekly August, September, October, Monthly August, September, October, DIVIDEND HISTORY OF LIC NOMURA MF FLOATING RATE FUND - STP Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Daily August, September, October, Weekly August, September, October, DIVIDEND HISTORY OF LIC NOMURA MF G-SEC FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit August 11, Fund Manager - Mr Eiichi Oka Top 3 Scheme Name 1-year Return LIC Nomura MF Nifty Plan % LIC Nomura MF Index Fund % Sensex Plan LIC Nomura MF Index Fund - Sensex Advantage Plan % Bottom 3 Scheme Name 1-year Return LIC Nomura MF Top 100 Fund % LIC Nomura MF India Vision Fund % LIC Nomura MF Infrastructure Fund % Fund Manager s Performance Fund Manager - Mrs. Bichitra Mahapatra Top Performance Scheme Name 1-year Return LIC Nomura MF Floater MIP 3.34 LIC Nomura MF MIP 0.61 Bottom 3 LIC Nomura MF ULIS LIC Nomura MF Balanced LIC Nomura MF Children Fund Manager - Mr. Y. D. Prasanna Top 3 Scheme Name 1-year Return LIC Nomura MF Qtly-Inv-2-Reg 9.06 LIC Nomura MF Qtly-Inv-1-Reg 8.90 LIC Nomura MF Mthly-Inv-1-Reg 8.81 Bottom 3 Scheme Name 1-year Return LIC Nomura MF Savings Plus 7.52 LIC Nomura MF FRF-STP 7.18 LIC Nomura MF G-Sec-Reg MUTUAL INTEREST November, 2011

27 Single investment Multiple advantages Maturity Bonus IT Rebate Low Cost Life Insurance Free Accident Cover Single / Regular / SIP Contribution Capital Appreciation HIGHLIGHTS: lobjective: An open-ended insurance linked tax saving scheme to provide long term capital appreciation along with benefits of Tax Rebate and Insurance. lasset Allocation Pattern: Equity/Equity Related: 65-80% Debt/Money Market: 20-35%. loptions: Single Premium Option - 5 yrs./ 10 yrs. Regular Premium Option - 10 yrs. / 15 yrs. linsurance Cover: Life Cover and Accident Cover up to Rs. 15 lakh and Rs. 7.5 lakh respectively. ltax Benefits: Tax Rebate u/s 80 C and Tax Exemption u/s 48 and 112. lbonus on Maturity l. lexit Load: Nil. lage at Entry: Regular Premium Option: 12 yrs. to 55/60 yrs., Single Premium Option: 12 yrs. to 60 yrs. l Minimum Target Amount: Single Premium: Rs. 10,000/-, Regular Premium: Rs. 10,000/- under 10 Year Term, Rs. 15,000/- under 15 Year Term, Rs. 12,000/- under Monthly SIP 10 Year Term and Rs. 18,000/- under Monthly SIP 15 year Term lminimum Investment Amount: Regular Premium: Monthly: Rs. 100/-, Half Yearly: Rs. 500/-, Yearly: Rs. 1000/-, Single Premium : Rs. 10,000/- Risk Factors: Mutual Funds and Securities Investments are subject to market risks and there is no assurance and guarantee that the objectives of the Schemes will be achieved. As with any investment in securities, the of the units issued under the Schemes may go up or down depending on the various factors and forces affecting the capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performance of the Schemes and may not necessarily provide a basis of comparison with other investments. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs.2 Cr towards the setting up of the Mutual Fund. LIC NOMURA MF Unit Linked Insurance Scheme is the name of the scheme and does not indicate either the quality of the scheme, its future prospects or returns. The of the units of the scheme may be affected by changes in general level of interest rates. Investors should read the Scheme Information Document / Statement of Additional Information / Key Information Memorandum available at our Corporate Office / Area Offices / Business Centers, RTA, Distributors and Investor Service Centers carefully before investing. Statutory Details: Constitution: LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. Trustee: LIC Mutual Fund Trustee Private Ltd. Investment Manager: LIC Mutual Fund Asset Management Ltd. GLOSSARY OF TERMS : Sharpe Ratio: Sharpe Ratio is a measure of the excess return (or Risk Premium) per unit of risk in an investment asset. It is the average return minus the risk-free return divided by the standard deviation of return on an investment. Tracking error: Tracking error is a measure of how closely a portfolio follows the index to which it is benchmarked. The most common measure is the root-mean-square of the difference between the portfolio and index returns. Volatility: Volatility is a measure for variation of price of a financial instrument over time. It is a representation of the risk associated with price-fluctuations of a given asset or the risk of a portfolio of assets. Portfolio Beta: Beta of a portfolio is a number describing the relation of its returns with those of the financial market as a whole. It is a measure of systematic risk. R-Squared: It describes the fraction of investment risk in a portfolio that can be associated with market or systematic risk Average maturity: The average maturity of a portfolio equals weighted average of maturities for all instruments in the portfolio. Duration: Duration measures price sensitivity of the portfolio to changes in the yield.