Invest in the spending power of a billion people.

Transcription

1 Invest in the spending power of a billion people. DATE OF ALLOTMENT December 28, 2015 BENCHMARK Nifty India Consumption TRI (WEF From 1st February 2018) FUND SIZE Rs (Rs. in Cr.) MONTHLY AVERAGE AUM Rs (Rs. in Cr.) EXIT LOAD: 1% if redeemed on or before 18 months from the date of allotment (w.e.f. 5th April, 2018) EXPENSE RATIO Direct 0.95 Regular 2.38 VOLATILITY MEASURES Std. Dev (Annualised) Sharpe Ratio 0.36 Portfolio Beta 0.94 Minimum Investment Rs. 5,000/- and in multiples of Re. 1/- thereafter WHY TATA INDIA CONSUMER FUND? Investors looking to participate in potential Capital appreciation opportunities in Consumption oriented sector benefiting from Indian economic growth. Investors with higher risk profile looking to invest in a sector oriented Scheme. Invests in fundamentally strong companies from Consumption Oriented Sectors in India. SCHEME PERFORMANCE - SIP INVESTMENTS Period Total Amount Invested (Rs.) in '000s Total Value in '000s Scheme Total Value in '000s Benchmark Returns Scheme (%) As on 31st May 2018 Returns Benchmark (%) 1 Year % 15.18% 3 Year NA NA NA NA NA 5 Year NA NA NA NA NA 7 Year NA NA NA NA NA 10 Year NA NA NA NA NA Since Inception % 19.68% Returns as on 31st May Past performance may or may not be sustained in the future. Calculation are based on CAGR basis. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. First installment date : 01-Jan SCHEME PERFORMANCE - INVESTMENTS OF RS. 10,000/- 22,000 19,000 16,000 13,000 Rs. 18,253 Rs.14,488 Rs.13,985 10,000 This product is suitable for investors who are seeking*: Long Term Capital Appreciation. Investment in equity/equity related instruments of the companies in the Consumption Oriented sector in India. *Investors should consult their financial advisors if in doubt about whether the product is suitable for them. 7,000 Dec-15 Apr-16 Aug-16 Dec-16 Apr-17 Aug-17 Dec-17 Apr-18 Tata India Consumer Fund - Reg -G rowth Returns as on 31st May Past performance may or may not be sustained in future. Above performance is for Regular Growth option. For Performance in SEBI prescribed format, please refer annexure.

2 TOP 10 EQUITY HOLDINGS Issuer Name % to NAV Hindustan Unilever Ltd ITC Ltd Maruti Suzuki India Ltd Future Retail Ltd Bata India Ltd Mahindra & Mahindra Ltd Zee Entertainment Enterprises Ltd Sun Tv Network Ltd Glaxo Smithkline Con Healthcar Ltd Radico Khaitan Ltd ADVANTAGE INDIA ADVANTAGE CONSUMPTION WHAT MIGHT DRIVE THE INDIAN CONSUMPTION STORY? 1. India s consumer story will be shaped by its 440mn Millennials and 390mn Gen Z (born after 2000). The sheer size of India s youth combined with improved education pave the way for sustained growth in purchasing power and makes India s consumer story one of the world s most compelling for the next 20 years. The nation s challenge is to create enough jobs to unleash the productivity of India s talented youth. 2. Brand investing will be a big theme in everything. India s Urban Mass will trade up into brands that offers the most incremental value, but may not readily jump to aspirational brands. In purchasing a car, for example, India consumer s first criteria is the brand s reputation for fuel efficiency. Source : Boston Consulting Group MARKET CAPITALIZATION WISE EXPOSURE 100 Growing Demand 1. Rising incomes and growing youth popula on havebeen key growth driversof thesector. Brand consciousnesshas also aideddemand. 2. 1st Time Modern Trade Shoppers spend was es matedtobetripled to US$1billion by Tier II/III ci es are witnessing faster growth in modern trade A rac ve Opportuni es 1. Low penetra on levels in rural market o ers room forgrowth 2. Disposable income in ruralindia hasincreased dueto the directcash transferscheme 3. E-commerce companies are strengthening their business in FMCG sector, by pos oning their pla orm pantry asfront line oering to drivedaily productssales Higher Investments 1. Many players are expanding into new geographiesand categories 2. Modern retail share isexpected totriple its growth from US$60 billion in2015 tous$180 billionin With an investment of US$ million, A major consumer player is diversifying and expandingits productrange. Policy Support 1. Investment approval of up to 100 per cent foreign equity insingle brand retail and 51per cent in mul -brand retail 2. Ini a ves like Food Security Bill and direct cash transfer subsidies reach about 40per cent ofhouseholds in India 3. The minimum capitalisa on for foreign FMCG companiestoinvestinindia is US$100million 0 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 Large Cap Mid Cap Small Cap Last 12 months Market cap history. For details please see disclaimer May-18 Source: Emami, Brand Equity India OUR APPROACH TO EQUITY INVESTMENTS DISCLAIMERS AND OTHER STATUTORY DISCLOSURES Till April 2018 Market Capitalization wise Portfolio classification was done on the basis of top 125 stocks by market capitalization on S&P BSE 500 Index as Large Cap Companies and Mid Cap stocks as those between 126 to 499 stocks by market capitalization and 500 & above being classified as Small cap, From May 2018 Market Capitalisation Classification is as per list provided by AMFI. Only domestic listed Equity exposure in BSE is considered for classification. For Performance in SEBI prescribed format, please refer annexure FUND MANAGERS Sonam Udasi (Managing Since 1st April 2016 and overall experience of 17 years) Rupesh Patel (Managing Since 28th December 2015 and overall experience of 17 years) Distributed by:

3 Performance of the schemes as on 30th April, 2018 Tata India Consumer Fund Nifty India Consumption TRI* Nifty 50 TRI# 1 Year 33.03% 13, % 11, % 11,330 Since Inception 28.17% 18, % 14, % 13,985 Inception Date 28-Dec-15 Managing Since 01-Apr-16 SIP Performance of the scheme Tata India Consumer Fund Nifty India Consumption TRI* Nifty 50 TRI# 1 Year 1,20, % 1,34, % 1,29, % 1,27,190 Since Inception 2,90, % 4,21, % 3,65, % 3,51,689 Inception Date 28-Dec-15 First Installment date 01-Jan-16 Managing since 01-Apr-16 Fund Manager/s of Tata India Consumer Fund: 1. Sonam Udasi (Managing Since 1st April 2016) Tata Equity P/E Fund 2. Rupesh Patel (Managing Since 28th December 2015) Performance of other schemes managed by Sonam Udasi 1 Year 13.54% 11, % 11,508 3 Year 15.45% 15, % 13,251 5 Year 24.53% 29, % 19,163 Since Inception 20.80% 1,38, % 85,334 Inception Date 29-Jun-04 Managing Since 01-Apr-16 Tata Equity Savings Fund (Erstwhile known as TATA Regular Savings Equity Fund ; renamed w.e.f from May 03, 2018) Nifty 50 TRI (35%),Nifty 50 Arbitrage Index (30%), Crisil Short Term Bond Fund Index (35%)* S&P BSE Sensex TRI# 1 Year 3.13% 10, % 11, % 11,508 3 Year 4.68% 11, % 12, % 13,251 5 Year 5.86% 13, % 16, % 19,163 Since Inception 7.22% 35,308 NA NA 12.78% 88,284 Inception Date 27-Apr-00 Managing Since 01-Apr-16 Tata Young Citizens Fund CRISIL Hybrid Aggressive Index* Crisil 10 Yr Gilt Index# 1 Year 7.86% 10, % 11, % 9,761 3 Year 7.62% 12, % 13, % 11,751 5 Year 11.84% 17, % 19, % 12,850 Since Inception 12.98% 1,58,687 NA NA NA NA Inception Date 14-Oct-95 Managing Since 01-Apr-16

4 Tata Banking And Financial Services Fund Nifty Financial Services TRI* Nifty 50 TRI# 1 Year 17.34% 11, % 11, % 11,330 Since Inception 27.80% 18, % 16, % 13,985 Inception Date 28-Dec-15 Managing Since 01-Apr-16 Tata Digital India Fund S&P BSE IT TRI* S&P BSE Sensex TRI# 1 Year 50.81% 15, % 13, % 11,508 Since Inception 14.90% 14, % 12, % 14,009 Inception Date 28-Dec-15 Managing Since 01-Apr-16 Tata India Pharma And Healthcare Fund Nifty Pharma TRI* Nifty 50 TRI# 1 Year -4.20% 9, % 9, % 11,330 Since Inception -8.36% 8, % 6, % 13,985 Inception Date 28-Dec-15 Managing Since 01-Apr-16 Tata Resources & Energy Fund Nifty Commodities TRI* Nifty 50 TRI# 1 Year 2.28% 10, % 10, % 11,330 Since Inception 17.01% 14, % 16, % 13,985 Inception Date 28-Dec-15 Managing Since 01-Apr-16 Tata Retirement Savings Fund - Conservative Plan CRISIL Short Term Debt Hybrid Fund Index* Crisil 10 Yr Gilt Index# 1 Year 6.43% 10, % 10, % 9,761 3 Year 8.50% 12, % 12, % 11,751 5 Year 11.01% 16, % 16, % 12,850 Since Inception 10.35% 19, % 18, % 15,672 Inception Date 01-Nov-11 Managing Since 01-Apr-16 Tata Retirement Savings Fund - Moderate Plan CRISIL Hybrid Aggressive Index* S&P BSE Sensex TRI# 1 Year 15.54% 11, % 11, % 11,508 3 Year 12.87% 14, % 13, % 13,251 5 Year 20.59% 25, % 19, % 19,163 Since Inception 18.24% 30, % 22, % 22,224 Inception Date 01-Nov-11 Managing Since 01-Apr-16

5 Tata Retirement Savings Fund - Progressive Plan 1 Year 18.95% 11, % 11,508 3 Year 15.67% 15, % 13,251 5 Year 20.30% 25, % 19,163 Since Inception 17.92% 29, % 22,224 Inception Date 01-Nov-11 Managing Since 01-Apr-16 Tata Index Fund - Nifty Plan Nifty 50 TRI* 1 Year 12.33% 11, % 11,330 3 Year 8.73% 12, % 13,246 5 Year 12.36% 17, % 19,072 Since Inception 16.59% 1,04, % 1,26,066 Inception Date 25-Feb-03 Managing Since 01-Apr-16 Tata Index Fund - Sensex Plan 1 Year 14.12% 11, % 11,508 3 Year 8.71% 12, % 13,251 5 Year 12.38% 17, % 19,163 Since Inception 16.33% 1,00, % 1,25,882 Inception Date 25-Feb-03 Managing Since 01-Apr-16 Tata Equity P/E Fund SIP Performance of other schemes managed by Sonam Udasi Period Amt. invested Return % Rs. Return % Rs. 1 Year 1,20, % 1,24, % 1,29,137 3 Year 3,60, % 4,81, % 4,51,137 5 Year 6,00, % 10,34, % 8,35,312 Since Inception 16,70, % 65,71, % 43,65,289 Inception Date 29-Jun-04 First Installment date 01-Jul-04 Managing since 01-Apr-16 Tata Equity Savings Fund (Erstwhile known as TATA Regular Savings Equity Fund ; renamed w.e.f from May 03, 2018) Nifty 50 TRI (35%),Nifty 50 Arbitrage Index (30%), Crisil Short Term Bond Fund Index (35%)* S&P BSE Sensex TRI# 1 Year 1,20, % 1,21, % 1,27, % 1,29,137 3 Year 3,60, % 3,91, % 4,22, % 4,51,137 5 Year 6,00, % 6,97, % 7,72, % 8,35,074 Since Inception 21,70, % 40,93, % 31,91, % 98,85,625 Inception Date 27-Apr-00 First Installment date 01-May-00 Managing since 01-Apr-16 Tata Young Citizens Fund CRISIL Hybrid Aggressive Index Crisil 10 Yr Gilt Index# 1 Year 1,20, % 1,21, % 1,24, % 1,17,310 3 Year 3,60, % 4,14, % 4,36, % 3,75,588 5 Year 6,00, % 7,88, % 8,33, % 6,88,336 Since Inception 26,80, % 1,36,13, % 1,40,03, % 54,95,932 Inception Date 14-Oct-95 First Installment date 01-Feb-96 Managing since 01-Apr-16

6 Tata Banking And Financial Services Fund Nifty Financial Services TRI* Nifty 50 TRI# 1 Year 1,20, % 1,28, % 1,31, % 1,27,190 Since Inception 2,90, % 3,88, % 3,88, % 3,51,689 Inception Date 28-Dec-15 First Installment date 01-Jan-16 Managing since 01-Apr-16 Tata Digital India Fund S&P BSE IT TRI* S&P BSE Sensex TRI# 1 Year 1,20, % 1,56, % 1,47, % 1,29,137 Since Inception 2,90, % 4,03, % 3,72, % 3,56,000 Inception Date 28-Dec-15 First Installment date 01-Jan-16 Managing since 01-Apr-16 Tata India Pharma And Healthcare Fund Nifty Pharma TRI* Nifty 50 TRI# 1 Year 1,20, % 1,12, % 1,07, % 1,27,190 Since Inception 2,90, % 2,59, % 2,34, % 3,51,689 Inception Date 28-Dec-15 First Installment date 01-Jan-16 Managing since 01-Apr-16 Tata Resources & Energy Fund Nifty Commodities TRI* Nifty 50 TRI# 1 Year 1,20, % 1,16, % 1,17, % 1,27,190 Since Inception 2,90, % 3,27, % 3,48, % 3,51,689 Inception Date 28-Dec-15 First Installment date 01-Jan-16 Managing since 01-Apr-16 Tata Retirement Savings Fund - Conservative Plan CRISIL Short Term Debt Hybrid Fund Index* Crisil 10 Yr Gilt Index# 1 Year 1,20, % 1,22, % 1,23, % 1,17,274 3 Year 3,60, % 4,11, % 4,10, % 3,75,508 5 Year 6,00, % 7,74, % 7,61, % 6,88,289 Since Inception 7,80, % 10,96, % 10,78, % 9,45,631 Inception Date 01-Nov-11 First Installment date 01-Dec-11 Managing since 01-Apr-16 Tata Retirement Savings Fund - Moderate Plan CRISIL Hybrid Aggressive Index S&P BSE Sensex TRI# 1 Year 1,20, % 1,26, % 1,24, % 1,29,137 3 Year 3,60, % 4,63, % 4,36, % 4,51,137 5 Year 6,00, % 9,68, % 8,33, % 8,35,312 Since Inception 7,80, % 14,61, % 12,14, % 12,22,171 Inception Date 01-Nov-11 First Installment date 01-Dec-11 Managing since 01-Apr-16

7 Tata Retirement Savings Fund - Progressive Plan Period Amt. invested Return % Rs. Return % Rs. 1 Year 1,20, % 1,27, % 1,29,137 3 Year 3,60, % 4,84, % 4,51,137 5 Year 6,00, % 9,92, % 8,35,312 Since Inception 7,80, % 14,77, % 12,22,171 Inception Date 01-Nov-11 First Installment date 01-Dec-11 Managing since 01-Apr-16 Tata Index Fund - Nifty Plan Nifty 50 TRI* Period Amt. invested Return % Rs. Return % Rs. 1 Year 1,20, % 1,26, % 1,27,190 3 Year 3,60, % 4,39, % 4,47,026 5 Year 6,00, % 8,10, % 8,35,245 Since Inception 18,20, % 51,01, % 57,62,297 Inception Date 25-Feb-03 First Installment date 01-Apr-03 Managing since 01-Apr-16 Tata Index Fund - Sensex Plan Period Amt. invested Return % Rs. Return % Rs. 1 Year 1,20, % 1,28, % 1,29,137 3 Year 3,60, % 4,44, % 4,51,137 5 Year 6,00, % 8,09, % 8,35,312 Since Inception 18,20, % 49,26, % 57,82,989 Inception Date 25-Feb-03 First Installment date 01-Apr-03 Managing since Tata India Tax Savings Fund Performance of other schemes managed by Rupesh Patel 1 Year 12.29% 11, % 11,508 3 Year 13.46% 14, % 13,251 5 Year 20.54% 25, % 19,163 Since Inception 19.75% 5,44, % 1,22,640 Inception Date 31-Mar-96 Managing Since 01-Apr-15 Tata Infrastructure Fund S&P BSE India Infrastructure Index TRI* Nifty 50 TRI# 1 Year 5.44% 10, % 10, % 11,330 3 Year 9.58% 13, % 12, % 13,246 5 Year 16.46% 21, % 20, % 19,072 Since Inception 13.88% 57,198 NA NA 14.42% 60,980 Inception Date 31-Dec-04 Managing Since 01-Jan-14 Tata Equity Opportunities Fund - Reg - Growth (renamed w.e.f from June 01, 2018 as Tata Large & Mid Cap Fund) S&P BSE 500 TRI* S&P BSE Sensex TRI# 1 Year 7.21% 10, % 11, % 11,508 3 Year 8.79% 12, % 13, % 13,251 5 Year 16.91% 21, % 21, % 19,163 Since Inception 12.43% 1,93,426 NA NA 11.24% 1,47,584 Inception Date 25-Feb-93 Managing Since 07-Jun-13

8 Tata Mid Cap Growth Fund Nifty Midcap 100 TRI* Nifty 50 TRI# 1 Year 8.61% 10, % 10, % 11,330 3 Year 9.31% 13, % 14, % 13,246 5 Year 24.07% 29, % 25, % 19,072 Since Inception 12.40% 1,64,093 NA NA 10.56% 1,10,484 Inception Date 01-Jul-94 Managing Since 27-Jun-17 Tata India Pharma And Healthcare Fund Nifty Pharma TRI* Nifty 50 TRI# 1 Year -4.20% 9, % 9, % 11,330 Since Inception -8.36% 8, % 6, % 13,985 Inception Date 28-Dec-15 Managing Since 28-Dec-15 Tata Resources & Energy Fund Nifty Commodities TRI* Nifty 50 TRI# 1 Year 2.28% 10, % 10, % 11,330 Since Inception 17.01% 14, % 16, % 13,985 Inception Date 28-Dec-15 Managing Since 28-Dec-15 Tata Dividend Yield Fund Nifty 500 TRI* Nifty 50 TRI# 1 Year 5.49% 10, % 11, % 11,330 3 Year 8.53% 12, % 13, % 13,246 5 Year 16.27% 21, % 21, % 19,072 Since Inception 16.18% 76, % 69, % 67,974 Inception Date 22-Nov-04 Managing Since 07-Jun-13 Tata Offshore India Infrastructure Scheme 1 Year 7.04% 10, % 11,900 3 Year 10.99% 13, % 13,572 5 Year 18.32% 23, % 19,387 Since Inception 11.97% 30, % 27,512 Inception Date 01-Aug-08 Managing Since 01-Jan-14 Tata Offshore India Opportunities Scheme 1 Year 9.15% 10, % 11,900 3 Year 9.01% 12, % 13,572 5 Year 15.60% 20, % 19,387 Since Inception 13.75% 52, % 54,700 Inception Date 26-Jul-05 Managing Since 01-Apr-16

9 Tata Infrastructure Tax Saving Fund Nifty 500 TRI* Nifty 50 TRI# 1 Year 4.06% 10, % 11, % 11,330 3 Year 7.79% 12, % 13, % 13,246 5 Year 14.13% 19, % 21, % 19,072 Since Inception 10.84% 25, % 45, % 40,216 Inception Date 30-Mar-09 Managing Since 01-Jan-14 Tata India Tax Savings Fund SIP Performance of other schemes managed by Rupesh Patel Period Amt. invested Return % Rs. Return % Rs. 1 Year 1,20, % 1,22, % 1,29,137 3 Year 3,60, % 4,52, % 4,51,137 5 Year 6,00, % 9,46, % 8,35,312 Since Inception 26,30, % 3,58,30, % 1,50,33,554 Inception Date 31-Mar-96 First Installment date 01-Jul-96 Managing since 01-Apr-15 Tata Infrastructure Fund S&P BSE India Infrastructure Index TRI* Nifty 50 TRI# 1 Year 1,20, % 1,19, % 1,17, % 1,27,190 3 Year 3,60, % 4,29, % 4,38, % 4,47,026 5 Year 6,00, % 8,74, % 8,28, % 8,35,245 Since Inception 16,00, % 33,36, % 27,27, % 38,40,031 Inception Date 31-Dec-04 First Installment date 01-Feb-05 Managing since 01-Jan-14 Tata Equity Opportunities Fund - Reg - Growth (renamed w.e.f from June 01, 2018 as Tata Large & Mid Cap Fund) S&P BSE 500 TRI* S&P BSE Sensex TRI# 1 Year 1,20, % 1,20, % 1,25, % 1,29,137 3 Year 3,60, % 4,20, % 4,53, % 4,51,137 5 Year 6,00, % 8,43, % 8,80, % 8,35,312 Since Inception 30,30, % 3,66,86, % 2,52,08,398 13% 1,92,80,292 Inception Date 25-Feb-93 First Installment date 01-Mar-93 Managing since 07-Jun-13 Tata Mid Cap Growth Fund Nifty Midcap 100 TRI* Nifty 50 TRI# 1 Year 1,20, % 1,18, % 1,18, % 1,27,190 3 Year 3,60, % 4,28, % 4,48, % 4,47,026 5 Year 6,00, % 9,53, % 9,59, % 8,35,245 Since Inception 28,70, % 2,01,06, % 2,06,86, % 1,36,99,642 Inception Date 01-Jul-94 First Installment date 01-Jul-94 Managing since 27-Jun-17 Tata India Pharma And Healthcare Fund Nifty Pharma TRI* Nifty 50 TRI# 1 Year 1,20, % 1,12, % 1,07, % 1,27,190 Since Inception 2,90, % 2,59, % 2,34, % 3,51,689 Inception Date 28-Dec-15 First Installment date 01-Jan-16 Managing since 28-Dec-15

10 Tata Resources & Energy Fund Nifty Commodities TRI* Nifty 50 TRI# 1 Year 1,20, % 1,16, % 1,17, % 1,27,190 Since Inception 2,90, % 3,27, % 3,48, % 3,51,689 Inception Date 28-Dec-15 First Installment date 01-Jan-16 Managing since 28-Dec-15 Tata Dividend Yield Fund Nifty 500 TRI* Nifty 50 TRI# 1 Year 1,20,000 1% 1,20, % 1,25, % 1,27,190 3 Year 3,60, % 4,20, % 4,52, % 4,47,026 5 Year 6,00, % 8,35, % 8,77, % 8,35,245 Since Inception 16,20, % 46,26, % 41,55, % 39,64,917 Inception Date 22-Nov-04 First Installment date 01-Dec-04 Managing since 07-Jun-13 Disclaimer: 1) Scheme returns in terms of CAGR are provided for past 1 year, 3 years, 5 years and since inception. 2) Point-to-point returns on a standard investment of Rs. 10,000/- are in addition to CAGR for the schemes. 3) Different plans shall have a different expense structure. The performance details provided herein are of regular plan growth option except for Tata Mid Cap Growth Fund & Tata India Tax Savings Fund where performance details given is for regular plan dividend option. 4) NA stands for schemes in existence for more than 1 year but less than 3 years or 5 years or instances where benchmark data for corresponding period is not available 5) Period for which schemes performance has been provided is computed basis last day of the month - end preceding the date of advertisement. 6) Past performance may or may not be sustained in future. For computation of since inception returns the allotment NAV has been taken as Rs *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Load is not considered for computation of returns. While calculating returns dividend distribution tax is excluded. 7) The last 2 columns represents additional benchmark, wherever applicable. 8) SIP Amount invested denotes value of standard investment of Rs. 10,000 per month. 9) *Scheme benchmark, #Additional benchmark. Dislosure for Composite CAGR Calculation Scheme Names / Plans / Options Index Name Remarks Tata Equity Opportunities Fund - Reg - Growth S&P BSE Sensex TRI As TRI data is not available Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 25-Feb-1993 to date 31-May-2007 and TRI values Tata Regular Saving Equity Fund - Reg - Mthly Dividend S&P BSE Sensex TRI As TRI data is not available Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 27-Apr-2000 to date 31-May-2007 and TRI values Tata India Tax Savings Fund - Reg - Dividend S&P BSE Sensex TRI As TRI data is not available Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 29-Mar-1996 to date 31-May-2007 and TRI values Tata Index Fund - Sensex Plan - Reg S&P BSE Sensex TRI As TRI data is not available Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 25-Feb-2003 to date 31-May-2007 and TRI values Tata Equity P/E Fund - Reg - Growth S&P BSE Sensex TRI As TRI data is not available Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 29-Jun-2004 to date 31-May-2007 and TRI values Tata Offshore India Opportunities Scheme S&P BSE Sensex TRI As TRI data is not available Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 26-Jul-2005 to date 31-May-2007 and TRI values Dislosure for Composite CAGR Calculation ( for additional Benchmark ) Scheme Names / Plans / Options Index Name Remarks Tata Mid Cap Growth Fund - Reg - Dividend Nifty 50 TRI As TRI data is not available Since Inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from date 01-Jul-1994 to date 30-Jun-1999 and TRI values since date 30-Jun-1999