FACTSHEET 31 OCTOBER 2014 M U T U A L F U N D

Transcription

1 FACTSHEET 31 OCTOBER 2014 M U T U A L F U N D

2 Commentary Equity The Indian markets ended this month on an optimistic note (CNX Nifty at an all time high of 8322) buoyed by the latest print indicating a step up in the QE program by the Bank of Japan. World economic growth outlook is muted and in absence of real demand and employment drivers, central bankers will have to aid the markets longer than suspected. So in sum the fight against deflation continues and it will continue to be a liquidity/ central bank driven economic order for times to come. India's position in this economic order is favorable. Benign commodity and crude prices have helped India's macroeconomic variables (Fiscal, current account and inflation) for now. A correct policy framework needs to be reinforced now to ensure structural improvement (improved Tax/ GDP ratio) and more sustainable fiscal constraint arising out of subsidy rationalization and a framework to buoy economic growth (planned expenditure). This should not be difficult if the current government's strong rhetoric is converted into action and execution. We are very wary of valuations though which are running far ahead of fundamental and on ground execution. We believe there will be improvement but restoring the old growth trajectory of 7-8% plus will come with its own set of challenges but one thing is apparent that the era of free resources is over and efficiency and innovation will guide incremental return on capital employed and valuation differentials. We have always liked companies which fit this framework and will continue to do so. The result season is progressing fine - - On the Infrastructure side while we saw order book and top line traction this is yet to translate into a full fledged trend of growth and ROCE improvement which will require a lot more government action in easing policy bottlenecks. High financial leverage and low capacity utilization ail this segment and will definitely require government intervention to ease the same. - On the Banking side loan growth is tepid and asset quality remains under stress. Any delay in policy and reform further puts stress on this segment. - Consumer company results too indicate a muted revenue growth with gross margin improvement aided by the favorable commodity cycle however not all of it reached the bottom-line on account of higher other expenses. Job growth and income growth need to pick up for consumers to break their slumber. - IT and Pharmaceutical results across the board were good with good revenue traction and overall healthy margins. Stable currency with an improving US economy will ensure traction in this segment. Going forward The optimism and the rhetoric have brought the market thus far but translation into action is required to restore health to the Indian economy. Stress on corporate and banking balance sheets is large and will require a substantial amount of capital to deleverage and meet capital adequacy respectively. While Equity market buoyancy is welcome we would rather that the growth environment improves which leads to better capacity utilization and profitability which restores financial health to the corporate and eases NPA stress for the Banking system. This is how sustainable and real returns will be made by equity investors not by capital raising and ensuing dilution. We have always anchored our portfolios around companies with a superior operating matrix in the sector it operates in (scalable business models with leadership position, capital efficiency and low financial leverage). We have not digressed from this core philosophy of ours because we believe in the above economic backdrop (global and domestic) it is productivity and capital efficiency which will be rewarded irrespective of the sector. Incrementally as resources become market determined (coal mine auction, land) and corporate India engages in a deleveraging cycle (asset sale/ dilution) value for cash will emerge. In this scenario it would be prudent to align portfolio to consolidators and cash owners who can take advantage of both the pickup in the growth cycle and selective pick up of assets sales. Equity Markets Index % Change % Change P/E YTD MTD Nifty 8, % 4.49% Sensex 27, % 4.64% Dow Jones 17, % 2.04% Shanghai 2, % 2.38% Nikkei 16, % 1.49% Hang Sang 23, % 4.64% FTSE 6, % -1.15% MSCI E.M. (USD) 1, % 1.07% MSCI D.M.(USD) 1, % 0.57% MSCI India (INR) 1, % 3.21% Currency & Last Price % Change % Change Commodities YTD MTD USD / INR Dollar Index Gold Crude OIL WTI (Nymex) Brent Crude India Macro Analysis Equity Flows Source: Bloomberg, SEBI 31 October 2014 Latest GDP 5.70 IIP 0.40 Inflation (WPI Monthly) 2.38 Inflation (CPI Monthly) 6.46 Commodity (CRB Index) FII (USD mln) *DII (USD mln) USD Mn YTD 13, MTD YTD 2, MTD *DII: Domestic Mutual Funds ,

3 Commentary Debt 31 October 2014 With CPI inflation undershooting consensus expectations and a sharp fall in crude prices providing a windfall, market expectations of an early rate cut from the RBI seem to have gone up over the past few days. The recent sharp fall in 1 year swap rates is to a large part technical, with market position shuffling playing a significant part. However, it also reflects this very expectation of an early rate cut. Comments recently by the finance minister (desiring lower rates but, quite credibly, leaving the decision to the RBI) as well as by a key RBI advisor (flagging possibility of a March rate cut) have further fuelled these expectations. The simple reason why we won t speculate is that it doesn t matter to our portfolio strategies or our client recommendations as to what the timing is. All that matters to us is that the next move, whenever it is, is a cut. What matters also is that the direction of CPI inflation remains lower, and with some amount of sustainability. At this juncture, we have strong confidence that both these conditions are going to get met. RBI s monetary policy reaction function has gone a regime change with the Urjit Patel Committee Report of January The focus is almost entirely on ensuring a durable fall in CPI inflation to the 6% mark. This focus was much required since, apart from deterioration in capital productivity, persistently high CPI inflation was the single major variable responsible for India s macro-economic imbalances; in our view. Governor Rajan has made this point time and again that he wants to fight the inflation battle once and not repeatedly. This means that he needs to be very sure that his inflation targets are getting met even accounting for cyclical vagaries that India witnesses (erratic monsoons). Even more, he needs to account for the possible reduction in disinflationary momentum purely by the fact of monetary easing and still be sure that the inflation targets are not under threat. These imply that either there needs to be a buffer that RBI will ensure for its 6% target, or the comfort with respect to government policies and / or the pace of disinflation needs to be high enough to be sure that cyclical vagaries will not cause durable deviations from the target. What is also important to note is, just as before, the central bank will be willing to look through short term disruptions as long as medium term targets are not under threat. Investors should not consider a rate cut as an event that one has to play for. A one off 25 bps cut will not have much significance either for financial markets or the real economy, unless it is backed by confidence that more are to follow. Again Rajan has made it abundantly clear that he doesn t want to start the cuts only to reverse them later. This is as it should be, given India s own recent history with premature cuts that helped inflict significant damage later and had to be reversed. Therefore, we think Rajan s first rate cut will only happen when the pre-conditions mentioned in the paragraph above are met. Furthermore, it will signal RBI s comfort with shifting the monetary stance durably without fear of reversal and will hence also signal the central bank s assessment that the bulletproofing of India s balance sheet is significantly achieved. On the flip side of bullish rate cut expectations is the fear that RBI has to be slave to US Fed rate hikes. Thus some section of investors believe that the RBI cannot cut rates at least unless the Fed hikes its own rate. In our view, this fear is misguided simply because again the underlying premise is that the Fed rate hike is an event rather than a process. True the timing of the first Fed rate hike matters. But what matters almost equally is the pace of rate hikes subsequently as well as market s expectation of what the terminal Fed rate is going to look like. Purely as an observer, it looks highly unlikely to us that the Fed can embark upon a sustained rate hike cycle of its own even as big question marks simultaneously emerge on growth in every other large economy including the Eurozone, China, and Japan. Investors must also remember that in the last Fed rate hike cycle that started in 2004, US 10 year bond yields actually fell since the market had presumably overpriced the impact of the hikes. In summary then, if the RBI is confident of its own macro-economic situation (mainly inflation) then it will not wait for the Fed to act given that the full impact of the entire Fed rate cycle may take years to unfold. Going Forward Investors should remember, and this is a point that we have made repeatedly over the past few months, that the fundamental reason to own bonds is falling inflation. So long as there is relative certainty that India is heading towards a regime of low and stable inflation, the current yields available in the market are too good to pass. The argument can be positioned in terms of positive real yields that Indian bonds are offering for the first time in many years. Alternatively, more market minded investors may think of this as an environment where term spreads will continue to compress as market s inflation expectations continue falling and there comes about relative certainty that the next move whenever is a rate cut. This is exactly what has been happening over the past few months. Whichever way one looks at it, it is a good time for asset allocators to bond funds. Risk appetite and investment horizon should determine the choice of bond product; or the relative allocation to conservative versus aggressive bond products. However, the thought process driving the allocation has to be fundamental and not tactical. Falling inflation and not near term rate cut gratification is the trigger. Most importantly, we would argue this to be the right trigger to ensure durability of returns as opposed to the flashes in the pan that investors have been used to seeing over the past few years. 04

4 IDFC Dynamic Equity Fund FUND FEATURES Nature: Equity Net Assets as on 31 October, 2014: ` Crores Inception Date: 10 October 2014 Fund Manager: Ms. Punam Sharma & Mr. Anupam Joshi About the Fund: IDFC Dynamic Equity Fund is an equity fund which aims to dynamically manage the equity and debt exposure based on the month-end weighted average PE ratio and 200 Day Moving Average (DMA) of CNX Nifty. Other Parameter Asset Allocation: Equity: 65%, Debt (Money Market s): 35% The weighted average PE of CNX Nifty as on 30 September 2014 was and the 200 DMA was : CNX Nifty Index and Crisil Balanced Fund Index * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) The Investment Strategy: The equity exposure of the fund is determined as follows: If Nifty Index weighted average PE is Equity Component of the portfolio If 200DMA <Spot index If 200DMA >Spot index Below % 65-83% % 48-65% % 30-48% % 30% Above % 30% In periods where the model indicates a bullish pattern, the fund exposure can go up to 100% in equity. In periods where the model indicates a negative view on the markets going forward the fund will restrict the equity exposure to 65% and if necessary will hedge this equity exposure up the extent of 35% by shorting the index, there by limiting the risk on account of the equity allocation. The equity exposure will be passive, investing currently in the constituents of CNX Nifty Index. The balance will be invested predominantly in money market instruments. The portfolio shall be rebalanced monthly. (IDFC - DEF) An Open Ended Equity Fund Top 10 Holdings: Name Industries % of NAV ITC Consumer Non Durables 4.54 Infosys Software 4.50 ICICI Bank Banks 4.33 HDFC Finance 3.99 HDFC Bank Banks 3.92 Reliance Industries Petroleum Products 3.79 Larsen & Toubro Construction Project 3.11 Tata Consultancy Services Software 3.07 Tata Motors Auto 2.21 State Bank of India Banks 1.92 Axis Bank Banks 1.69 Oil & Natural Gas Corporation Oil 1.67 Sun Pharmaceuticals Indus Pharmaceuticals 1.46 Mahindra & Mahindra Auto 1.39 Bharti Airtel Telecom - Services 1.27 Top 15 Equity Other Equity Certificate of Deposit Commercial Paper 3.40 Call 2.14 Net Current Asset For complete list of holdings please visit our website Sector Allocation: 31 October 2014 Banks 14.39% Software 10.28% Consumer Non Durables 6.42% Auto 6.27% Finance 4.45% Petroleum Products 4.22% Pharmaceuticals 3.92% Construction Project 3.11% Oil 2.04% Power 1.84% Cement 1.84% Minerals/Mining 1.56% Telecom - Services 1.27% Ferrous Metals 0.89% Gas 0.57% Industrial Capital Goods 0.53% Non - Ferrous Metals 0.48% Media & Entertainment 0.43% Construction 0.13% NAV ( `) : IDFC Dynamic Equity Fund To create wealth over a long period of time Investment in equity & equity related instruments and for defensive purposes in the equity derivatives. The scheme may also invest in Debt & Money market instruments. High Risk Brown Growth Dividend Direct Growth Direct Dividend *Investors should consult their financial advisers if in doubt about whether the product is suitable 05

5 IDFC Classic Equity Fund FUND FEATURES Nature: Equity Average AUM ( Jul-Sep 14): ` Crores Inception Date: 9 August 2005 Fund Manager: Mr. Ankur Arora (w.e.f. 14 Mar, 2012) About the Fund: IDFC Classic Equity fund is a diversified equity fund which invests across the breadth of the market. The fund is a stable mix of large cap business in matured sectors and upcoming mid/small cap opportunities in emerging sectors. Other Parameter: Beta 0.82 R Square 0.90 Standard deviation 4.34% Sharpe* 2.97 Turnover 1.03 : S&P BSE 200 (IDFC - CEF) An Open Ended Equity Fund Top 10 Holdings: Name Industries % of NAV ICICI Bank Banks 5.68 Tech Mahindra Software 5.41 HCL Technologies Software 5.19 Larsen & Toubro Construction Project 5.11 HDFC Bank Banks 4.90 State Bank of India Banks 4.79 UPL Pesticides 3.75 Lupin Pharmaceuticals 3.68 Procter & Gamble Hygiene and Health Care Consumer Non Durables 3.48 Sector Allocation: Banks 21.77% Software 17.47% Auto 8.61% Consumer Non Durables 7.38% Pharmaceuticals 7.08% Construction Project 5.11% Power 4.62% Pesticides 3.75% Industrial Products 3.31% Auto Ancillaries 2.75% Telecom - Services 2.68% Finance 2.55% Oil 2.18% Services 1.99% Cement 1.88% Chemicals 1.75% Ferrous Metals 1.58% Gas 0.50% Miscellaneous 0.39% NAV ( `) : 31 October 2014 Growth Dividend Direct Growth Direct Dividend * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option (NAV as on Sep 30, 2014 ` per Unit) Tata Motors Auto 3.45 For complete list of holdings please visit our website Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) IDFC Classic Equity Fund Create wealth over a long period of time. Investment predominantly in equity and equity related instruments across market capitalisation. High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable # SIP Investment ^ # ## Jan 01, 2013 (Since Inception) % 17.72% 18.18% 12,500 13,293 13,384 Sep 30, 2013 To Sep 30, % 42.50% 38.87% NA # ^ Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # S&P BSE 200, ## CNX Nifty # ## Aug 09, 2005 (Since Inception) % 13.91% 14.44% 28,212 32,930 34,350 Sep 30, 2013 To Sep 30, % 42.50% 38.87% Sep 28, 2012 To Sep 30, % -1.11% 0.56% NA Sep 30, 2011 To Sep 28, % 13.77% 15.38% Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `1,000 every Month # ## 1,09, ,75,718 1,91,026 1,91,639 12, , NA 12, Performance of the funds managed by the fund manager are given on page No

6 IDFC Sterling Equity Fund FUND FEATURES Nature: Equity Average AUM (Jul-Sep 14): ` 1, Crores Inception Date: 7 March 2008 Fund Manager: Mr. Aniruddha Naha (w.e.f. 27th June 2013) About the Fund: Sterling Equity Fund is a midcap fund that has a representation of all CNX Midcap sectors and within that there is active stock selection. It actively builds a portfolio of companies with proven business model. Other Parameter: Beta 0.73 R Square 0.86 Standard deviation 5.15% Sharpe* 4.27 Turnover 1.17 : CNX Midcap (IDFC - SEF) An Open Ended Equity Fund Top 10 Holdings: Name Industries % of NAV Gujarat Pipavav Port Transportation 5.77 Tech Mahindra Software 4.41 Gujarat Gas Company Gas 3.82 Exide Industries Auto Ancillaries 3.68 Bajaj Finance Finance 3.59 Bayer CropScience Pesticides 3.46 ABB India Industrial Capital Goods 3.41 Gateway Distriparks Transportation 3.26 UPL Pesticides 3.21 Shriram Transport Finance Company Finance 3.20 Sector Allocation: Transportation 10.90% Pesticides 10.70% Software 9.71% Auto Ancillaries 9.45% Industrial Capital Goods 7.86% Finance 6.79% Banks 5.85% Pharmaceuticals 5.44% Consumer Non Durables 4.89% Industrial Products 4.59% Gas 3.82% Cement 2.94% Oil 2.78% Textile Products 2.26% Power 1.97% Construction 1.55% NAV ( `) : 31 October 2014 Growth Dividend Direct Growth Direct Dividend * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) For complete list of holdings please visit our website Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # SIP Investment IDFC Sterling Equity Fund Create wealth over a long period of time. Investment predominantly in equity and equity related instruments in the mid cap segment High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable ^ # ## Jan 01, 2013 (Since Inception) % 17.62% 18.18% 14,893 13,273 13,384 Sep 30, 2013 To Sep 30, % 63.17% 38.87% NA # ^ # Mar 07, 2008 (Since Inception) % 8.95% 8.11% 32,116 17,563 16,692 Sep 30, 2013 To Sep 30, % 63.17% 38.87% Sep 28, 2012 To Sep 30, % % 0.56% NA Sep 30, 2011 To Sep 28, % 10.52% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # CNX Midcap, ## CNX Nifty ## Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `1,000 every Month # ## 78, ,68,727 1,32,495 1,23,534 12, , NA 12, Performance of the funds managed by the fund manager are given on page No

7 IDFC Premier Equity Fund FUND FEATURES Nature: Equity Average AUM ( Jul-Sep 14): ` 5, Crores Inception Date: 28 September 2005 Fund Manager: Mr. Kenneth Andrade (Since June 2006) About the Fund: Premier is a diversified equity fund that invests across market caps. The fund follows a buy and hold strategy, invests in companies that are at an early stage in their economic cycle. It attempts to capture shifts in the business environment and growth in companies. Other Parameter: Beta 0.89 R Square 0.84 Standard deviation 4.94% Sharpe* 4.81 Turnover 0.43 : S&P BSE 500 * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) (IDFC - PEF) An Open Ended Equity Fund Top 10 Holdings: Name Industries % of NAV Kaveri Seed Company Consumer Non Durables 6.13 Page Industries Textile Products 5.29 VA Tech Wabag Engineering Services 4.84 Blue Dart Express Transportation 3.99 Bata India Consumer Durables 3.22 Tech Mahindra Software 3.15 SKS Microfinance Finance 3.06 Asian Paints Consumer Non Durables 2.98 Container Corporation of India Transportation 2.93 Maruti Suzuki India Auto 2.87 For complete list of holdings please visit our website Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) Sector Allocation: Consumer Non Durables 16.40% Finance 9.81% Industrial Products 7.89% Transportation 6.92% Consumer Durables 5.84% Textile Products 5.76% Auto Ancillaries 5.60% Software 5.38% Engineering Services 4.84% Trading 3.03% Textiles - Cotton 2.99% Auto 2.87% Gas 2.37% Power 2.15% Banks 2.00% Chemicals 1.94% Fertilisers 1.92% Telecom - Equipment & Accessories 1.83% Industrial Capital Goods 1.52% Retailing 1.36% Ferrous Metals 0.87% Cement 0.38% Media & Entertainment 0.30% Pesticides 0.23% Hotels 0.04% Miscellaneous 0.01% NAV ( `) : Direct Direct SIP Investment IDFC Premier Equity Fund Create wealth over a long period of time. Investment predominantly in equity and equity related instruments across market capitalisation. High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable # ^ 31 October 2014 Growth Dividend Growth Dividend # ## Jan 01, 2013 (Since Inception) % 17.74% 18.18% 15,485 13,297 13,384 Sep 30, 2013 To Sep 30, % 44.92% 38.87% NA # ^ Sep 28, 2005 (Since Inception) % 12.48% 13.24% 61,879 28,867 30,657 Sep 30, 2013 To Sep 30, % 44.92% 38.87% Sep 28, 2012 To Sep 30, % -2.59% 0.56% Sep 30, 2011 To Sep 28, % 12.85% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # S&P BSE 500 ##CNX Nifty Performance of the funds managed by the fund manager are given on page No. 61 # ## Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `2,000 every Month # ## 2,16, ,35,890 3,73,097 3,76,415 24, , NA 24,

8 IDFC Imperial Equity Fund FUND FEATURES Nature: Equity Average AUM ( Jul-Sep 14): ` Crores Inception Date: 16 March 2006 Fund Manager: Mr. Ankur Arora (w.e.f. 27th June 2013) About the Fund: IDFC Imperial Equity fund is a large cap fund with investment universe consisting of top 80 companies by market cap. Other Parameter: Beta 0.86 R Square 0.95 Standard deviation 4.25% Sharpe* 2.48 Turnover 0.84 : CNX Nifty (IDFC - IEF) An Open Ended Equity Fund Top 10 Holdings: Name Industries % of NAV ICICI Bank Banks 7.73 Infosys Software 7.42 Tata Motors Auto 7.27 Larsen & Toubro Construction Project 6.74 ITC Consumer Non Durables 4.82 Reliance Industries Petroleum Products 4.75 State Bank of India Banks 4.58 Tata Consultancy Services Software 4.42 Tech Mahindra Software 4.19 Sector Allocation: Banks 23.98% Software 19.41% Auto 15.80% Construction Project 6.74% Pharmaceuticals 5.89% Consumer Non Durables 4.82% Petroleum Products 4.75% Oil 4.12% Finance 3.75% Telecom - Equipment & Accessories 3.00% Telecom - Services 2.71% Minerals/Mining 2.14% Ferrous Metals 1.00% NAV ( `) : 31 October 2014 Growth Dividend Direct Growth Direct Dividend * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Oil & Natural Gas Corporation Oil 4.12 For complete list of holdings please visit our website Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) IDFC Imperial Equity Fund Create wealth over a long period of time. Investment predominantly in equity and equity related instruments in the large cap segment. High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable # SIP Investment ^ # ## Jan 01, 2013 (Since Inception) % 18.18% 19.27% 13,023 13,384 13,600 Sep 30, 2013 To Sep 30, % 38.87% 37.41% NA # ^ Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Nifty, ## S&P BSE Sensex # ## Mar 16, 2006 (Since Inception) % 11.15% 11.04% 25,760 24,685 24,479 Sep 30, 2013 To Sep 30, % 38.87% 37.41% Sep 28, 2012 To Sep 30, % 0.56% 3.29% Sep 30, 2011 To Sep 28, % 15.38% 14.03% Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `1,000 every Month # ## 1,02, ,67,821 1,70,854 1,70,633 12, , NA 12, Performance of the funds managed by the fund manager are given on page No

9 IDFC Equity Fund FUND FEATURES Nature: Equity Average AUM ( Jul-Sep 14): ` Crores Inception Date: 9 June 2006 Fund Manager: Mr. Kenneth Andrade (w.e.f. 27th June 2013) About the Fund: The Fund is positioned to mirror the broad sector weightages of the Nifty Index and within those sectors there is active stock selection by the fund manager. Other Parameter: Beta (BSE 200) 0.92 R Square (BSE 200) 0.96 Beta (Nifty) 0.97 R Square (Nifty) 0.99 Standard deviation 4.73% Sharpe* 3.11 Turnover 0.39 : CNX Nifty * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option (NAV as on Sep 30, 2014 ` per Unit): (IDFC - EF) An Open Ended Equity Fund Top 10 Holdings: Name Industries % of NAV ITC Consumer Non Durables 6.68 HDFC Bank Banks 6.43 Infosys Software 6.35 ICICI Bank Banks 6.12 HDFC Finance 5.72 Larsen & Toubro Construction Project 5.71 Reliance Industries Petroleum Products 5.64 Tata Motors Auto 5.04 State Bank of India Banks 4.24 Oil & Natural Gas Corporation Oil 3.56 For complete list of holdings please visit our website Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) Sector Allocation: SIP Investment Banks 22.67% Software 15.63% Auto 9.24% Pharmaceuticals 8.53% Consumer Non Durables 7.71% Petroleum Products 6.55% Finance 5.72% Construction Project 5.71% Oil 4.45% Cement 2.59% Minerals/Mining 2.32% Gas 2.07% Telecom - Services 1.75% Ferrous Metals 1.38% NAV ( `) : IDFC Equity Fund Create wealth over a long period of time. Investment predominantly in equity and equity related instruments. High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable # 31 October 2014 Growth Dividend Direct Growth Direct Dividend ^ # ## Jan 01, 2013 (Since Inception) % 18.18% 19.27% 13,624 13,384 13,600 Sep 30, 2013 To Sep 30, % 38.87% 37.41% NA # ^ Jun 09, 2006 (Since Inception) % 13.08% 12.76% 23,235 27,788 27,145 Sep 30, 2013 To Sep 30, % 38.87% 37.41% Sep 28, 2012 To Sep 30, % 0.56% 3.29% Sep 30, 2011 To Sep 28, % 15.38% 14.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Nifty, ## S&P BSE Sensex # ## Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `1,000 every Month # ## 99, ,64,303 1,63,595 1,63,458 12, , NA 12, Performance of the funds managed by the fund manager are given on page No

10 IDFC Nifty Fund FUND FEATURES Nature: Equity Average AUM ( Jul-Sep 14): ` Crores Inception Date: 30 April 2010 Fund Manager: Ms. Punam Sharma (Since October 3, 2011) About the Fund: IDFC Nifty Fund is an index fund which is managed passively by investing in proportion to the CNX Nifty index. Other Parameter: Beta 1.00 R Square 1.00 Standard deviation 4.84% Sharpe* 3.18 Turnover 0.34 : CNX Nifty * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) (IDFC - NF) An Open Ended Index Linked Equity Top 10 Holdings: Name Industries % of NAV ITC Consumer Non Durables 6.89 Infosys Software 6.84 ICICI Bank Banks 6.58 HDFC Finance 6.06 HDFC Bank Banks 5.96 Reliance Industries Petroleum Products 5.76 Larsen & Toubro Construction Project 4.72 Tata Consultancy Services Software 4.66 Tata Motors Auto 3.37 State Bank of India Banks 2.92 For complete list of holdings please visit our website Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) Sector Allocation: Banks 21.87% Software 15.61% Consumer Non Durables 9.76% Auto 9.51% Finance 6.75% Petroleum Products 6.41% Pharmaceuticals 5.95% Construction Project 4.72% Oil 3.11% Power 2.80% Cement 2.78% Minerals/Mining 2.37% Telecom - Services 1.93% Ferrous Metals 1.35% Gas 0.86% Industrial Capital Goods 0.81% Non - Ferrous Metals 0.74% Media & Entertainment 0.66% Construction 0.19% NAV ( `) : IDFC Nifty Fund Create wealth over a long period of time. Replicate the CNX Nifty index by investing in securities of the CNX Nifty Index in the same proportion/weightage. High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable # SIP Investment 31 October 2014 Growth Dividend Direct Growth Direct Dividend ^ # ## Jan 01, 2013 (Since Inception) % 18.18% 19.27% 13,610 13,384 13,600 Sep 30, 2013 To Sep 30, % 38.87% 37.41% NA Apr 30, 2010 (Since Inception) % 9.75% 9.88% 15,854 15,091 15,167 Sep 30, 2013 To Sep 30, % 38.87% 37.41% Sep 28, 2012 To Sep 30, % 0.56% 3.29% NA Sep 30, 2011 To Sep 28, % 15.38% 14.03% ^ Past performance may or may not be sustained in future # CNX Nifty ## S&P BSE Sensex Performance of the funds managed by the fund manager are given on page No. 65 # ^ # ## Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `1000 every Month # ## 53, ,843 73,805 74,170 12, , NA 12,

11 IDFC Infrastructure Fund FUND FEATURES Nature: Equity Average AUM ( Jul-Sep 14): ` Crores Inception Date: 8 March 2011 Fund Manager: Mr. Rajendra Mishra (w.e.f. 27th June 2013) About the Fund: A dedicated Infrastructure fund, that invests across the infrastructure value chain with exclusions like Banking, Autos, IT, Pharma and FMCG. It is a diversified portfolio of companies that are participating in and benefitting from the Indian Infrastructure and Infrastructure related activities. Other Parameter: Beta 0.73 R Square 0.90 Standard deviation 6.43% Sharpe* 0.36 Turnover 0.89 : CNX Infrastructure Index (w.e.f. 07 Dec, 2011) * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) (IDFC - IF) An Open Ended Equity Fund Top 10 Holdings: Name Industries % of NAV Larsen & Toubro Construction Project Bharti Airtel Telecom - Services National Buildings Construction Corporation Indraprastha Gas Gas 5.48 Power Grid Corporation of India JSW Energy Power 5.04 Container Corporation of India PTC India Power 4.74 Cummins India Industrial Products 4.47 Adani Ports and Special Economic Zone Construction 5.89 Power 5.47 Transportation 4.97 Transportation 4.08 For complete list of holdings please visit our website Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) Sector Allocation: Power 20.75% Telecom - Services 14.33% Construction Project 12.50% Transportation 12.14% Construction 9.93% Gas 5.48% Industrial Products 4.47% Industrial Capital Goods 4.44% Ferrous Metals 3.42% Cement 2.70% Petroleum Products 2.56% Finance 2.05% NAV ( `) : IDFC Infrastructure Fund Create wealth over a long period of time. Investment predominantly in equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. High Risk Brown 31 October 2014 *Investors should consult their financial advisers if in doubt about whether the product is suitable # SIP Investment Growth Dividend Direct Growth Direct Dividend ^ # ## Jan 01, 2013 (Since Inception) % 8.61% 18.18% 12,019 11,550 13,384 Sep 30, 2013 To Sep 30, % 41.45% 38.87% NA ^ Past performance may or may not be sustained in future # CNX Infra ## CNX Nifty # ^ # ## Mar 08, 2011 (Since Inception) % 1.21% 10.82% 10,543 10,439 14,427 Sep 30, 2013 To Sep 30, % 41.45% 38.87% Sep 28, 2012 To Sep 30, % % 0.56% NA Sep 30, 2011 To Sep 28, % -2.43% 15.38% Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `1,000 every Month # ## 42, ,865 50,229 58,148 12, , NA 12, Performance of the funds managed by the fund manager are given on page No

12 IDFC Tax Advantage (ELSS) Fund FUND FEATURES Nature: Equity Average AUM ( Jul-Sep 14): ` Crores Inception Date: 26 December 2008 Fund Manager: Mr. Aniruddha Naha (Since May 11, 2013) About the Fund: The Fund is an Equity Linked Savings (ELSS) that aims to generate long term capital growth from a diversified equity portfolio and enables investors to avail of a deduction from total income, as permitted under the Income Tax Act, Other Parameter: Beta 0.93 R Square Standard deviation 4.91% Sharpe* 4.11 Turnover 1.45 : S&P BSE (IDFC - TA (ELSS)Fund) An Open Ended Equity Linked Saving with Lock in of 3 Years Top 10 Holdings: Name Industries % of NAV HDFC Bank Banks 6.82 Tech Mahindra Software 6.63 HCL Technologies Software 6.39 Lupin Pharmaceuticals 5.77 Yes Bank Banks 4.62 Gujarat Pipavav Port Transportation 4.33 Shriram Transport Finance Company Finance 3.82 Wabco India Auto Ancillaries 3.80 Bayer Crop Science Pesticides 3.38 Motherson Sumi Systems Auto Ancillaries 3.16 For complete list of holdings please visit our website Sector Allocation: Software 17.61% Banks 11.44% Auto Ancillaries 9.82% Consumer Non Durables 8.77% Pesticides 8.24% Pharmaceuticals 8.15% Finance 6.88% Industrial Products 5.49% Transportation 5.32% Construction Project 3.00% Construction 2.86% Textile Products 2.28% Engineering Services 2.14% Gas 1.79% Industrial Capital Goods 1.58% Fertilisers 1.23% NAV ( `) : 31 October 2014 Growth Dividend Direct Growth Direct Dividend IDFC Tax Advantage Fund -ELSS Create wealth over a long period of time. Investment predominantly in Equity and Equity related securities. High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable * Risk-free rate assumed to be 8.26% (91-day Treasury Bill yield on ) Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # SIP Investment ^ # ## Jan 01, 2013 (Since Inception) % 17.72% 18.18% 15,352 13,293 13,384 Sep 30, 2013 To Sep 30, % 42.50% 38.87% NA # ^ Dec 26, 2008 (Since Inception) % 20.39% 19.46% 33,898 29,142 27,876 Sep 30, 2013 To Sep 30, % 42.50% 38.87% Sep 28, 2012 To Sep 30, % -1.11% 0.56% Sep 30, 2011 To Sep 28, % 13.77% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # S&P BSE 200, ## CNX Nifty # ## Amount Invested During the ( `) Yield^ Yield# Additional Yield## ^ Current Value ( `) of SIP Invested of `500 every Month # ## 34, ,251 53,059 48,924 6, , NA 6, Performance of the funds managed by the fund manager are given on page No

13 IDFC Arbitrage Fund FUND FEATURES Nature: Equity & Equity Derivatives Average AUM ( Jul-Sep 14): ` 2, Crores Inception Date: 21 December 2006 Fund Manager: Mr. Yogik Pitti (w.e.f. 27th June 2013) About the Fund: The fund invests in arbitrage opportunities in the cash and the derivative segments of the equity markets. It aims to capture the spread (Cost of Carry) between the cash and futures market by simultaneously executing buy (in the cash market) and sell (in the futures market) trades. The balance is invested in debt and money market instruments. The fund typically follows a strategy of taking market neutral (equally offsetting) positions in the equity market making it a low risk product irrespective of the movements in equity market. Other Parameter: Standard deviation : Crisil Liquid Fund Index Sector Allocation: Pharmaceuticals 10.55% Auto 8.96% Banks 8.09% Petroleum Products 7.73% Cement 4.40% Consumer Non Durables 4.15% Oil 4.12% Finance 3.71% Software 3.11% Ferrous Metals 2.40% Power 1.77% Consumer Durables 1.67% Telecom - Services 1.17% 0.16% Non - Ferrous Metals 1.05% Construction Project 0.98% Media & Entertainment 0.93% Textile Products 0.71% Minerals/Mining 0.42% Chemicals 0.39% Auto Ancillaries 0.29% Industrial Capital Goods 0.22% Pesticides 0.17% Industrial Products 0.05% Services 0.05% Construction 0.02% IDFC Arbitrage Fund To generate low volatility returns over short to medium term Investments predominantly in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable (IDFC - AF) An Open Ended Equity Fund Top Holdings: Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # Name Industries % of NAV HDFC Bank Banks 5.95 Reliance Industries Petroleum Products 5.49 Lupin Pharmaceuticals 5.48 Grasim Industries Cement 4.37 Oil & Natural Gas Corporation Oil 3.02 Cipla Pharmaceuticals 3.01 Tech Mahindra Software 2.51 Tata Motors Auto 2.34 Hero MotoCorp Auto 2.30 Maruti Suzuki India Auto 2.13 ITC Consumer Non Durables 1.72 Titan Company Consumer Durables 1.65 HDFC Finance 1.65 Asian Paints Consumer Non Durables 1.28 Cairn India Oil 1.10 JSW Steel Ferrous Metals 1.07 Tata Steel Ferrous Metals 1.02 Bharat Petroleum Corporation Petroleum Products 1.02 Biocon Pharmaceuticals 0.95 Larsen & Toubro Construction Project 0.94 Zee Entertainment Enterprises Media & Entertainment 0.93 Tata Global Beverages Consumer Non Durables 0.91 Rural Electrification Corporation Finance 0.89 Reliance Capital Finance 0.88 Tata Power Company Power 0.85 The Federal Bank Banks 0.79 Bajaj Auto Auto 0.74 Mahindra & Mahindra Auto 0.74 Hindustan Zinc Non - Ferrous Metals 0.71 Arvind Textile Products 0.71 Indian Oil Corporation Petroleum Products 0.68 Aurobindo Pharma Pharmaceuticals 0.64 Reliance Communications Telecom - Services 0.58 Hindustan Petroleum Corporation Petroleum Products 0.54 Tata Motors Auto 0.53 State Bank of India Banks 0.51 Reliance Power Power 0.40 Tata Chemicals Chemicals 0.39 Hindalco Industries Non - Ferrous Metals 0.34 Tata Communications Telecom - Services 0.33 Sesa Sterlite Minerals/Mining 0.32 Wipro Software 0.32 NTPC Power 0.31 Jindal Steel & Power Ferrous Metals 0.31 Idea Cellular Telecom - Services 0.25 Exide Industries Auto Ancillaries 0.24 Indusind Bank Banks 0.23 For complete list of holdings please visit our website ^ # ## Dec 21, 2006 (Since Inception) % 7.56% 9.85% 17,596 17,628 20,777 Sep 30, 2013 To Sep 30, % 9.49% 38.87% Sep 28, 2012 To Sep 30, % 8.59% 0.56% NA Sep 30, 2011 To Sep 28, % 8.65% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # CRISIL Liquid Fund Index, ## CNX Nifty Performance of the funds managed by the fund manager are given on page No Name Industries/Rating % of NAV Crompton Greaves Industrial Capital Goods 0.22 Divi's Laboratories Pharmaceuticals 0.19 Ranbaxy Laboratories Pharmaceuticals 0.19 UCO Bank Banks 0.18 UPL Pesticides 0.17 Ashok Leyland Auto 0.17 Dabur India Consumer Non Durables 0.16 HCL Technologies Software 0.15 Syndicate Bank Banks 0.15 Bank of Baroda Banks 0.15 Power Finance Corporation Finance 0.13 Tata Consultancy Services Software 0.13 NHPC Power 0.11 Coal India Minerals/Mining 0.10 Reliance Infrastructure Power 0.09 Andhra Bank Banks 0.08 LIC Housing Finance Finance 0.07 Shriram Transport Finance Company Finance 0.07 United Breweries Consumer Non Durables 0.07 Dr. Reddy's Laboratories Pharmaceuticals 0.06 Apollo Tyres Auto Ancillaries 0.05 Aditya Birla Nuvo Services 0.05 Voltas Construction Project 0.04 Bharat Forge Industrial Products 0.03 Century Textiles & Industries Cement 0.03 Allahabad Bank Banks 0.03 DLF Construction 0.02 IDBI Bank Banks 0.01 Jain Irrigation Systems Industrial Products 0.01 Power Grid Corporation of India Power 0.01 Bata India Consumer Durables 0.01 Sun Pharmaceuticals Industries Pharmaceuticals 0.01 Godrej Industries Consumer Non Durables 0.01 Punjab National Bank Banks 0.01 Total Hedged Equity Margin Fixed Deposit Certificate of Deposit 4.28 Commercial Paper 4.25 CBLO 9.29 Net Current Asset NAV ( `) : Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) October 2014 Growth Dividend Direct Growth Direct Dividend # ^ # ## Jan 17, 2013 (Since Inception) % 9.22% 17.66% 11,675 11,619 13,189 Sep 30, 2013 To Sep 30, % 9.49% 38.87% NA 14

14 IDFC Arbitrage Plus Fund FUND FEATURES Nature: Equity Derivatives Average AUM ( Jul-Sep 14): ` Crores Inception Date: 09 June 2008 Fund Manager: Mr. Yogik Pitti (w.e.f. 27th June 2013) About the Fund: The fund invests in arbitrage opportunities in the cash and the derivative segments of the equity markets. It aims to capture the spread (Cost of Carry) between the cash and futures market by simultaneously executing buy (in the cash market) and sell (in the futures market) trades. The balance is invested in debt and money market instruments. The fund can also tactically participate in a mix of strategies like pair trades, corporate events like buybacks, open offer, de-listing, takeover bids, mergers, etc, but such allocations will be restricted upto 5% of the portfolio. Other Parameter: Standard deviation 0.17% : Crisil Liquid Fund Index Sector Allocation: Pharmaceuticals 10.78% Banks 9.93% Auto 9.44% Consumer Non Durables 7.15% Cement 5.40% Petroleum Products 4.78% Consumer Durables 3.89% Chemicals 3.59% Pesticides 3.56% Oil 2.85% Ferrous Metals 2.60% Media & Entertainment 1.43% Power 0.83% Industrial Products 0.50% Software 0.37% Telecom - Services 0.34% Services 0.22% Construction Project 0.14% IDFC Arbitrage Plus Fund To generate low volatility returns over short to medium term Investments predominantly in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. Medium Risk Yellow *Investors should consult their financial advisers if in doubt about whether the product is suitable (IDFC - APF) An Open Ended Equity Fund Top Holdings: Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # Name Industries % of NAV HDFC Bank Banks 6.54 Lupin Pharmaceuticals 5.78 Tata Motors Auto 5.42 Grasim Industries Cement 5.40 Reliance Industries Petroleum Products 4.78 Titan Company Consumer Durables 3.89 Tata Chemicals Chemicals 3.59 UPL Pesticides 3.56 Dr. Reddy's Laboratories Pharmaceuticals 3.37 Asian Paints Consumer Non Durables 3.21 Cairn India Oil 2.85 Tata Steel Ferrous Metals 2.60 State Bank of India Banks 2.58 Ashok Leyland Auto 2.12 Dabur India Consumer Non Durables 1.78 Zee Entertainment Enterprises Media & Entertainment 1.43 Tata Global Beverages Consumer Non Durables 1.36 Divi's Laboratories Pharmaceuticals 1.25 Maruti Suzuki India Auto 0.98 Bajaj Auto Auto 0.94 NTPC Power 0.83 ITC Consumer Non Durables 0.79 ^ # ## Jun 09, 2008 (Since Inception) % 7.58% 9.46% 15,530 15,856 17,696 Sep 30, 2013 To Sep 30, % 9.49% 38.87% Sep 28, 2012 To Sep 30, % 8.59% 0.56% NA Sep 30, 2011 To Sep 28, % 8.65% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # CRISIL Liquid Fund Index, ## CNX Nifty Performance of the funds managed by the fund manager are given on page No Name Industries % of NAV Andhra Bank Banks 0.57 Jain Irrigation Systems Industrial Products 0.50 Glenmark Pharmaceuticals Pharmaceuticals 0.38 Tata Communications Telecom - Services 0.34 Tech Mahindra Software 0.33 The Karnataka Bank Banks 0.24 Aditya Birla Nuvo Services 0.22 GMR Infrastructure Construction Project 0.14 Tata Consultancy Services Software 0.03 Total Hedged Equity Margin Fixed Deposit 5.31 CBLO/Repo Total Net Current Asset 1.81 NAV ( `) : 31 October 2014 Growth Dividend Direct Growth Direct Dividend

15 IDFC Equity Opportunity - Series 1 FUND FEATURES Nature: A Close Ended Equity scheme Average AUM ( Jul-Sep 14): ` Crores Inception Date: April 15, 2013 Maturity Date: April 14, 2016 Fund Manager: Mr. Kenneth Andrade (Since Inception) Other Parameter Turnover 1.70 : S&P BSE 500 Index IDFC Equity Opportunity - Series 1 Create wealth over a long period of time. Investment predominantly in Equity and Equity related securities. High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable (IDFC - EQOS1) A Close Ended Equity Fund Top 10 Holdings: Name Industries % of NAV Ricoh India Miscellaneous 6.58 Ambika Cotton Mills Textiles - Cotton 6.04 Engineers India Construction Project 5.73 Igarshi Motors India Auto Ancillaries 5.22 PI Industries Pesticides 4.86 Sundram Fasteners Auto Ancillaries 4.78 Whirlpool of India Consumer Durables 4.14 TVS Motor Company Auto 4.03 Gujarat State Fertilizers & Chemicals Fertilisers 3.77 Bayer CropScience Pesticides 3.62 For complete list of holdings please visit our website Dividend History The scheme has only Dividend-Payout option & has given following dividends: Date Dividend NAV 20-Oct Aug Mar Direct 20-Oct Aug Mar Face Value of above schemes is 10/- per unit. Past performance may or may not be sustained in future After the payment of the dividend, the per unit NAV fails to the extent of the payout & statutory levy, if any. Net dividend received by the investor shall be subject to applicable dividend distribution tax. NAV ( `) : Sector Allocation: 31 October 2014 Auto Ancillaries 13.90% Pesticides 8.48% Miscellaneous 8.21% Chemicals 7.54% Fertilisers 7.13% Software 6.66% Textiles - Cotton 6.04% Construction Project 5.73% Consumer Durables 4.14% Auto 4.03% Industrial Capital Goods 3.37% Consumer Non Durables 3.25% Media & Entertainment 3.23% Paper 2.91% Pharmaceuticals 2.48% Industrial Products 2.25% Hotels 1.76% Oil 1.76% Retailing 1.74% Cement 1.51% Growth NA Dividend Direct Growth NA Direct Dividend Fund Performance The scheme has only Dividend - Payout option. Please refer Dividend-History table above. Dividend Option ( NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Apr 15, 2013 (Since Inception) % 29.45% 27.78% 13,871 14,579 14,304 Sep 30, 2013 To Sep 30, % 44.92% 38.87% NA Direct Dividend Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Apr 15, 2013 (Since Inception) % 29.45% 27.78% 14,047 14,579 14,304 Sep 30, 2013 To Sep 30, % 44.92% 38.87% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # BSE 500, ## CNX Nifty Performance of the funds managed by the fund manager are given on page No

16 IDFC Equity Opportunity - Series 2 FUND FEATURES Nature: A Close Ended Equity scheme Average AUM ( Jul-Sep 14): ` Crores Inception Date: January 31, 2014 Maturity Date: January 31, 2017 Fund Manager: Punam Sharma Other Parameter Turnover 0.89 : S&P BSE 500 Index (IDFC - EQOS2) A Close Ended Equity Fund Top 10 Holdings: Name Industries % of NAV Tech Mahindra Software 4.31 Motherson Sumi Systems Auto Ancillaries 4.28 Larsen & Toubro Construction Project 4.02 Kotak Mahindra Bank Banks 4.02 Coromandel International Fertilisers 3.73 Gujarat Fluorochemicals Chemicals 3.41 K.P.R. Mill Textile Products 3.39 PTC India Power 3.29 Lupin Pharmaceuticals 3.28 Infosys Software 3.10 For complete list of holdings please visit our website NAV ( `) : Growth NA Dividend Direct Growth NA Direct Dividend October 2014 Sector Allocation: Textile Products 8.29% Chemicals 7.84% Software 7.42% Construction Project 6.63% Pharmaceuticals 6.09% Power 5.31% Gas 4.53% Auto Ancillaries 4.28% Banks 4.02% Fertilisers 3.73% Hotels 3.47% Industrial Products 3.10% Telecom - Equipment & Accessories 2.93% Auto 2.89% Trading 2.85% Transportation 2.74% Oil 2.67% Petroleum Products 2.53% Ferrous Metals 2.35% Miscellaneous 2.29% Finance 2.15% Pesticides 1.58% Dividend History The scheme has only Dividend-Payout option & has given following dividends: Date Dividend NAV 12-Aug Direct 12-Aug Face Value of above schemes is 10/- per unit. Past performance may or may not be sustained in future After the payment of the dividend, the per unit NAV fails to the extent of the payout & statutory levy, if any. Net dividend received by the investor shall be subject to applicable dividend distribution tax. IDFC Equity Opportunity - Series 2 Long-term capital growth Investment predominantly in Indian as well as overseas Equity and Equity related securities in either growth stocks or value stocks or both without any capitalization bias High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable 17

17 IDFC Equity Opportunity - Series 3 FUND FEATURES Nature: A Close Ended Equity scheme Average AUM ( Jul-Sep 14): ` Crores Inception Date: February 28, 2014 Maturity Date: November 30, 2015 Fund Manager: Ankur Arora Other Parameter Turnover 0.45 : S&P BSE 500 Index (IDFC - EQOS3) A Close Ended Equity Fund Top 10 Holdings: Name Industries % of NAV Coromandel International Fertilisers 6.14 Chambal Fertilizers & Chemicals JSW Energy Power 5.58 Puravankara Projects Construction 5.57 Hero MotoCorp Auto 5.40 Hexaware Technologies Software 4.95 Colgate Palmolive (India) Consumer Non Durables 4.70 Infosys Software 4.69 ACC Cement 4.45 Rural Electrification Corporation Fertilisers 5.72 Finance 4.20 For complete list of holdings please visit our website Sector Allocation: 31 October 2014 Software 14.71% Consumer Non Durables 11.98% Fertilisers 11.86% Auto 9.03% Power 8.13% Construction 5.57% Chemicals 5.44% Cement 4.45% Oil 4.38% Finance 4.20% Banks 4.04% Pesticides 4.01% Pharmaceuticals 3.74% Transportation 2.76% Telecom - Equipment & Accessories 2.73% Miscellaneous 0.26% NAV ( `) : Growth NA Dividend Direct Growth NA Direct Dividend IDFC Equity Opportunity - Series 3 Long-term capital growth Investment predominantly in Indian as well as overseas Equity and Equity related securities in either growth stocks or value stocks or both without any capitalization bias High Risk Brown *Investors should consult their financial advisers if in doubt about whether the product is suitable 18

18 IDFC Monthly Income FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): ` Crores Inception Date: 25 February 2010 Fund Manager: Ms. Punam Sharma & Mr. Anupam Joshi ( w.e.f. 20th October 2014) About the fund: MIP is a hybrid fund which offers up to 25% participation in the equity markets with the balance invested in fixed income. The Equity portfolio of the fund is an all cap portfolio. The Fixed Income portfolio is a mix of high quality debt and money market instruments. Other Parameter: Standard deviation: Modified Duration: Average Maturity: Yield to Maturity: *Of Debt Allocation Only Asset allocation: : Crisil MIP Blended Index 1.18% 6.94 years* 7.01 years* 8.42% Equity 24.96% Debt 75.04% ASSET QUALITY AAA Equivalent 96.56% AA+ 2.86% AA 0.58% IDFC - Monthly Income Capital appreciation and provide regular income over a long period of time. Investment primarily in debt securities to generate regular returns and investment of a portion of the 's assets in equity securities to generate long-term capital appreciation. Medium risk Yellow *Investors should consult their financial advisers if in doubt about whether the product is suitable Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # ^ Past performance may or may not be sustained in future. # Crisil MIP Blended Index, ## 10 Year GOI Performance of the funds managed by the fund manager are given on page No. 65 (IDFC - MIP) An Open Ended Debt Fund Monthly income is not assured and is subject to availability of distributable surplus : Name Rating % of NAV Name Rating % of NAV CBLO 1.56 Clearing Corporation of India 1.56 Government Bond % G-Sec SOV % G-Sec SOV % G-Sec SOV Corporate Bond Rural Electrification Corporation AAA 6.20 Sesa Sterlite AA HDFC Bank AAA 1.60 Shriram Transport Finance Company AA 0.44 LIC Housing Finance AAA 0.43 Equity ICICI Bank Banks 1.15 FAG Bearings India Industrial Products 1.10 Motherson Sumi Systems Auto Ancillaries 1.08 ^ # ## Feb 25, 2010 (Since Inception) % 8.06% 4.89% 15,223 14,280 12,455 Sep 30, 2013 To Sep 30, % 15.45% 6.85% Sep 28, 2012 To Sep 30, % 3.22% 2.45% NA Sep 29, 2011 To Sep 28, % 10.38% 8.03% Tech Mahindra Software 1.08 Infosys Software 1.05 Axis Bank Banks 1.04 HDFC Bank Banks 1.04 State Bank of India Banks 1.02 Coromandel International Fertilisers 1.00 Larsen & Toubro Construction Project 1.00 Other Equity Net Current Asset 3.05 Indicate Equity Top 5 Holdings NAV ( `) : - Dividend - Growth - Dividend Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) October Quarterly Direct - Growth Direct - Dividend Direct - Dividend Quarterly # ^ # ## Jan 01, 2013 (Since Inception) % 8.92% 3.47% 11,937 11,608 10,613 Sep 30, 2013 To Sep 30, % 15.45% 6.85% NA 19

19 IDFC Asset Allocation Fund FUND FEATURES Nature: Fund of Fund Average AUM (Jul-Sep 14): Conservative Inception Date: 11 February 2010 Moderate Fund Manager: Ms.Punam Sharma (Since Oct 3, 2011) Aggressive `10.34 Crores `31.75 Crores `30.47 Crores The Asset Allocation Principle: The IDFC Asset Allocation Fund is based on two fundamental investing principles: 1. Not all asset classes perform at all time and it is very difficult to predict the market In the last 2 decades, no asset class has consistently outperformed; every asset class has had their phase of best performance. Since we don't know which asset class will do well periodically, we deal with this unpredictability by making sure that investors in the IDFC Asset Allocation Fund are given exposure to multiple asset classes viz. Equity, Debt and Gold. 2. Buy low and sell high for investment success The secret to investment success is buying when the asset markets are low. We move more money into an asset class when it gets cheaper by moving out of the asset class that is expensive, through periodic rebalancing. About The Fund: IDFC Asset Allocation Fund helps diversify your investment and provides participation across three asset classes - Debt, Equity and Gold. Equity allocation is towards a diversified portfolio that invests across market capitalizations. The Debt portfolio is a combination of short and long duration funds helping capture the movements across the yield curve. Allocation towards Gold is to hedge the portfolio against inflation. The allocation to the respective asset classes are rebalanced as per a pre-conceptualized matrix on a regular basis into three plans- Conservative, Moderate and Aggressive. Within each asset class the objective of the fund is to optimize the return by actively allocating assets to funds which best reflects the underlying macroeconomic theme. IDFC AAF - Conservative Capital appreciation and provide regular income over a long period of time. Investment in different mutual fund schemes primarily local funds based on a defined asset allocation model. Medium risk Yellow *Investors should consult their financial advisers if in doubt about whether the product is suitable ^ Past performance may or may not be sustained in future. # CRISIL MIP Blended Index, ## 10 Year GOI Performance of the funds managed by the fund manager are given on page No. 65 IDFC AAF - Aggressive Capital appreciation and provide regular income over a long period of time. Investment in different mutual fund schemes primarily local funds based on a defined asset allocation model. Medium risk Yellow Conservative Growth Option ( NAV as on Sep 30, 2014 ` per Unit) *Investors should consult their financial advisers if in doubt about whether the product is suitable # ^ # ## Feb 11, 2010 (Since Inception) % 8.06% 4.97% 14,844 14,322 12,523 Sep 30, 2013 To Sep 30, % 15.45% 6.85% Sep 28, 2012 To Sep 30, % 3.22% 2.45% NA Sep 29, 2011 To Sep 28, % 10.38% 8.03% An Open Ended Fund of Funds : Name CBLO Clearing Corporation of India Gold Gold Goldman Sachs ETF (Gold Bees) Debt IDFC Cash Fund IDFC Money Manager Fund - Treasury IDFC Dynamic Bond Fund IDFC Super Saver Income Fund - Medium Term IDFC Super Saver Income Fund - Investment Equity IDFC Sterling Equity Fund IDFC Premier Equity Fund IDFC Imperial Equity Fund Net Current Asset Grand Total NAV ( `) : (% of NAV) Conservative Moderate Aggressive Conservative Moderate Aggressive IDFC AAF - Moderate Capital appreciation and provide regular income over a long period of time. Investment in different mutual fund schemes primarily local funds based on a defined asset allocation model. Medium risk Yellow *Investors should consult their financial advisers if in doubt about whether the product is suitable Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) October Growth Dividend Direct - Growth Direct - Dividend # ^ # ## Apr 02, 2013 (Since Inception) % 9.67% 2.68% 11,810 11,480 10,404 Sep 30, 2013 To Sep 30, % 15.45% 6.85% NA Contd.. 20

20 IDFC Asset Allocation Fund Other Parameter: Standard Deviation: Modified Duration(for Debt scheme): Average Maturity(for Debt scheme): Yield to Maturity: Conservative Moderate Aggressive 0.73% 1.19% 1.84% 3.15 years 4.26 years 6.73 years 5.31 years 7.55 years years 8.47% 8.26% 8.41% Standard Allocation Standard Matrix Equity (Including Offshore Equity) Fund % to net assets Conservative Moderate Aggressive 10-15% 25-30% 45-50% 31 October 2014 Conservative Moderate Aggressive Crisil MIP Blended Index Crisil MIP Blended Index Crisil Balanced Fund Index Debt Fund(Including Liquid funds) (Including Gold/ Commodity Equity Funds) 0-90% 0-70% 0-45% 0% 5-10% 10-15% Money Market Securities 0-15% 0-15% 0-15% (w.e.f. 07 Dec, 2011) An Open Ended Fund of Funds Moderate Growth Option ( NAV as on Sep 30, 2014 ` per Unit) ^ Past performance may or may not be sustained in future # CRISIL MIP Blended Index ## 10 Year GOI Aggressive Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Feb 11, 2010 (Since Inception) % 8.06% 4.97% 15,771 14,322 12,523 Sep 30, 2013 To Sep 30, % 15.45% 6.85% Sep 28, 2012 To Sep 30, % 3.22% 2.45% NA Sep 29, 2011 To Sep 28, % 10.38% 8.03% # ^ # ## Feb 11, 2010 (Since Inception) % 10.28% 4.97% 16,289 15,742 12,523 Sep 30, 2013 To Sep 30, % 28.89% 6.85% Sep 28, 2012 To Sep 30, % 1.87% 2.45% NA Sep 29, 2011 To Sep 28, % 12.66% 8.03% ^ Past performance may or may not be sustained in future # Crisil Balanced Fund Index ## 10 Year GOI # ^ # ## Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # # ^ # ^ # ## Feb 26, 2013 (Since Inception) % 9.36% 2.30% 12,173 11,531 10,368 Sep 30, 2013 To Sep 30, % 15.45% 6.85% NA ## Jan 01, 2013 (Since Inception) % 14.50% 3.47% 12,307 12,666 10,613 Sep 30, 2013 To Sep 30, % 28.89% 6.85% NA 21

21 IDFC All Seasons Bond Fund FUND FEATURES Nature: Fund of Funds Average AUM (Jul-Sep 14) : `40.25 Crores Inception Date: 13 September 2004 Fund Manager: Mr. Suyash Choudhary ( w.e.f. 21 Oct 2010) About the fund: All Seasons Bond Fund is a Fund of Fund (FOF) structure which can invest in one or more funds within our basket of Cash Fund/Ultra Short Term Fund/Banking Debt Fund/MMF-TP/MMF-IP and Short Term Fund. The portfolio gives the fund manager the flexibility to play between debt and money market, benefiting from the accrual available in its space and optimizing the portfolio yields. Other Parameter: Standard deviation: 0.25% Modified duration: Average Maturity: Yield to Maturity: 1.82 years 2.00 years 8.86% : Crisil Composite Bond Fund Index (CCBFI) ASSET QUALITY AAA Equivalent 86.29% AA % (IDFC ASBF) An Open Ended Fund of Funds : Top Holdings % of NAV CBLO 0.02 Clearing Corporation of India 0.02 Mutual Fund Units IDFC Super Saver Inc Fund - Short Term Net Current Asset Grand NAV ( `) : 31 October 2014 Option Freq NAV Growth Dividend Quarterly Dividend Half Yearly Dividend Annual Dividend Fortnightly Dividend Daily-Dividend Dividend Weekly-Dividend Dividend ic NA Direct Growth Direct Dividend Daily Direct Dividend Weekly Direct Dividend Quarterly Direct Dividend Fortnightly Direct Dividend ic IDFC All Seasons Bond Fund To generate short term optimal returns with high liquidity. Investment predominantly in debt oriented mutual fund schemes and money market instruments Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Composite Bond Fund Index ## 10 Year GOI Performance of the funds managed by the fund manager are given on page No # ^ # ## Sep 13, 2004 (Since Inception) % 6.26% 4.92% 20,522 18,402 16,209 Sep 30, 2013 To Sep 30, % 11.61% 6.85% Sep 28, 2012 To Sep 30, % 3.49% 2.45% NA Sep 29, 2011 To Sep 28, % 9.53% 8.03% Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Feb 22, 2013 (Since Inception) % 6.97% 2.27% 11,555 11,140 10,366 Sep 30, 2013 To Sep 30, % 11.61% 6.85% NA 22

22 IDFC Cash Fund FUND FEATURES Nature: Liquid Fund Average AUM (Jul-Sep 14): `9, Crores Inception Date: 2 July 2001 Fund Manager: Mr. Anupam Joshi (Since October 2008) About the fund: The Fund aims to invest in high quality debt and money market instruments with high liquidity and seeks to generate accrual income with low volatility. Other Parameter: Standard deviation: Modified Duration: Average Maturity: 0.06% 34 days 34 days Yield to Maturity: 8.63% : Crisil Liquid Fund Index (CLFI) ASSET QUALITY AAA Equivalent 97.97% AA+ 1.54% AA 0.49% IDFC Cash Fund To generate short term optimal returns with high liquidity. Investments in high quality money market and debt instruments. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable Fund Performance Under The IDFC-CF-Direct Growth 8.65% 8.67% 8.76% 8.30% 8.43% 8.12% 7.85% IDFC-CF Direct Growth Crisil Liquid Fund Index Past performance may or may not be sustained in future. Performance of the funds managed by the fund manager are given on page No % (Annualised) 7 Days (Annualised) 15 Days (Annualised) 1 Month 8.08% Crisil 1 Year T-Bill Index (IDFC - CF) An Open Ended Liquid Fund : Name Rating % of NAV Commercial Paper Steel Authority of India A NABARD A Indiabulls Housing Finance A Gruh Finance A Tata Capital Housing Finance A Sesa Sterlite A Housing & Urban Development Corpn. A Godrej Properties A Chambal Fertilizers & Chemicals A L&T Infrastructure Development Project A India Infoline Finance A Export Import Bank of India A HDFC A Tata Capital Financial Services A Birla TMT Holdings Pvt A Family Credit A Godrej Industries A Rural Electrification Corporation A JM Financial Products A Sundaram Finance A Kotak Mahindra Investments A ICICI Securities A JM Financial Services A TGS Investment & Trade Pvt A Cholamandalam Invt and Fin Co A Certificate of Deposit Corporation Bank A UCO Bank A Punjab & Sind Bank A Syndicate Bank A IDBI Bank A Indusind Bank A ICICI Bank A Allahabad Bank A Export Import Bank of India A Ratnakar Bank A Vijaya Bank A Canara Bank A Karur Vysya Bank A Bank of Baroda A Yes Bank A Oriental Bank of Commerce A Treasury Bills Days Tbill (MD 13/11/2014) SOV Days Tbill (MD 27/11/2014) SOV Days Tbill (MD 26/01/2015) SOV Days Tbill (MD 04/12/2014) SOV Days Tbill (MD 06/11/2014) SOV 1.82 NAV ( `) : 31 October 2014 Name Rating % of NAV 91 Days Tbill (MD 20/11/2014) SOV Days Tbill (MD 11/12/2014) SOV Days Tbill (MD 06/11/2014) SOV 0.41 Corporate Bond 7.22 HDFC AAA 4.01 Tata Sons AAA 0.90 Aditya Birla Finance AA Shriram Transport Finance Company AA The Indian Hotels Company AA 0.26 M&M Financial Services AA Tata Motors Finance AA 0.23 LIC Housing Finance AAA 0.23 IDFC AAA 0.23 Kotak Mahindra Prime AAA 0.23 Sundaram BNP Paribas Home Fina AA Zero Coupon Bonds 0.40 M&M Financial Services AA Sundaram Finance AA Net Current Asset 3.68 Option Freq NAV Growth Fund Performance Under The IDFC-CF- Growth Dividend Daily Dividend Weekly Dividend ic Dividend Monthly Direct Growth Direct Direct Dividend Daily Dividend Monthly Direct Dividend Weekly Direct Dividend ic % 8.60% 8.62% 8.71% 8.30% 8.43% 8.12% 8.08% 7.85% (Annualised) 7 Days (Annualised) 15 Days (Annualised) 1 Month IDFC-CF Regular Growth Crisil Liquid Fund Index Crisil 1 Year T-Bill Index Past performance may or may not be sustained in future. 23

23 IDFC Ultra Short Term Fund FUND FEATURES Nature: Income Fund Average AUM (Jul-Sep 14): `2, Crores Inception Date: 17 January 2006 Fund Manager: Mr. Anupam Joshi About the fund: The Fund aims to invest in high quality debt and money market instruments and seeks to generate returns predominantly through accrual income. Other Parameter: Standard deviation: 0.11% Modified duration: Average Maturity: : Crisil Liquid Fund Index (CLFI) 133 days 137 days Yield to Maturity: 8.80% ASSET QUALITY AAA Equivalent 77.58% AA % AA 10.11% IDFC Ultra Short Term Fund To generate short term stable returns with a low risk strategy. Investments in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable Fund Performance Growth Option ( NAV as on, 2014 ` per Unit) Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # Crisil Liquid Fund Index ## 1 Year T-Bill Performance of the funds managed by the fund manager are given on page No (IDFC USTF) An Open Ended Income Fund : Sep # Jan 17, 2006 (Since Inception) % 7.39% 5.88% 18,697 18,598 16,444 Sep 30, 2013 To Sep 30, % 9.49% 8.35% Sep 28, 2012 To Sep 30, % 8.59% 5.70% NA Sep 29, 2011 To Sep 28, % 8.67% 8.14% Name Rating % of NAV Name Rating % of NAV CBLO 0.92 Clearing Corporation of India 0.92 Certificate of Deposit The Jammu & Kashmir Bank A Corporation Bank A Axis Bank A South Indian Bank A Canara Bank A Oriental Bank of Commerce A Bank of Baroda A State Bank of Mysore A Ratnakar Bank A IDBI Bank A ICICI Bank A Indian Bank A ING Vysya Bank A UCO Bank A Bank of India A Karur Vysya Bank A Punjab National Bank A Central Bank of India A Yes Bank A Syndicate Bank A Corporate Bond L&T Infrastructure Finance Co AA Shriram Transport Finance Company AA 7.89 L&T HOUSING FINANCE AA Tata Motors Finance AA 2.22 Volkswagen Finance Pvt AAA 1.01 HDFC AAA 0.93 HDB Financial Services AAA 0.60 ^ # ## IDFC AAA 0.56 L&T Finance AA LIC Housing Finance AAA 0.20 Commercial Paper Shapoorji Pallonji and Company Pvt A ICICI Home Finance Company A Tata Capital Financial Services A Sesa Sterlite A Cholamandalam Invt and Fin Co A Bajaj Finance A HDFC A Family Credit A Treasury Bills Days Tbill (MD 01/01/2015) SOV Days Tbill (MD 04/12/2014) SOV 0.00 Net Current Asset 5.28 NAV ( `) : Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # 31 October 2014 Option Freq NAV Growth Dividend Daily Dividend ic Dividend Weekly Dividend Monthly Dividend Quarterly Direct Growth Direct Dividend Daily Direct Dividend ic Direct Dividend Weekly Direct Dividend Monthly Direct Dividend Quarterly ^ # ## Jan 01, 2013 (Since Inception) % 9.19% 6.89% 11,732 11,657 11,233 Sep 30, 2013 To Sep 30, % 9.49% 8.35% NA 24

24 IDFC Money Manager Fund Treasury FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `1, Crores Inception Date: 18 February 2003 Fund Manager: Mr. Anupam Joshi (Since October 2008) About the fund: The Fund aims to invest only in short maturity, highly rated debt and money market instruments and seeks to generate returns predominantly through accrual income. Other Parameter: Standard deviation: Modified Duration: Average Maturity : Yield to Maturity: : NSE MIBOR INDEX ASSET QUALITY AAA Equivalent 83.47% AA % AA 0.86% IDFC Money Manager Fund - Treasury To generate short term stable returns with a low risk strategy. Investments in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. Low Risk Blue (IDFC - MMF - TP) An Open Ended Income Fund Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # NSE Mibor Index, ## 1 Year T-Bill Performance of the funds managed by the fund manager are given on page No : *Investors should consult their financial advisers if in doubt about whether the product is suitable Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) % 102 days 104 days 8.69% # Feb 18, 2003 (Since Inception) % 6.04% 5.57% 21,005 19,764 18,782 Sep 30, 2013 To Sep 30, % 5.68% 8.35% Sep 28, 2012 To Sep 30, % 5.49% 5.70% Sep 29, 2011 To Sep 28, % 8.41% 8.14% Name Rating % of NAV Name Rating % of NAV CBLO 0.82 Clearing Corporation of India 0.82 Certificate of Deposit IDBI Bank A South Indian Bank A State Bank of Mysore A Corporation Bank A The Jammu & Kashmir Bank A Canara Bank A Oriental Bank of Commerce A Karur Vysya Bank A ING Vysya Bank A ICICI Bank A Indian Bank A Kotak Mahindra Bank A Central Bank of India A Bank of Baroda A Commercial Paper Housing Development Finance Corpn A Cholamandalam Invet & Fina Comp A Tata Capital Financial Services A IL&FS Financial Services A Shapoorji Pallonji & Company Private A Rural Electrification Corporation A Steel Authority of India A Sesa Sterlite A ^ # ## Corporate Bond L&T Infrastructure Finance Co AA L&T Fincorp Limited AA Shriram Transport Finance Company AA National Bank For Agriculture & AAA 1.35 Rural Development Housing Development Finance AAA 0.89 Corporation Shriram Transport Finance Company AA 0.86 LIC Housing Finance AAA 0.59 Tata Sons AAA 0.06 Zero Coupon Bonds 1.14 Tata Capital Financial Services AA LIC Housing Finance AAA 0.54 Kotak Mahindra Prime AAA 0.01 Net Current Asset 2.52 Grand NAV ( `) : Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) October 2014 Option Freq NAV Growth Dividend Monthly Dividend Daily Dividend Weekly Dividend ic NA Direct Growth Direct Dividend Monthly Direct Dividend Daily Direct Dividend Weekly Direct Dividend ic # ^ # ## Jan 01, 2013 (Since Inception) % 5.63% 6.89% 11,683 11,003 11,233 Sep 30, 2013 To Sep 30, % 5.68% 8.35% NA 25

25 IDFC Banking Debt Fund FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `1, Crores Inception Date: 07 March 2013 Fund Manager: Mr. Harshal Joshi (w.e.f. 1 August, 2014) About the fund: A dedicated Bank CD fund which seeks to benefit from the seasonality of money market rates. Other Parameter: Standard Deviation: 0.15% Modified duration: Average Maturity: 133 days 133 days Yield to Maturity: 8.45% : CRISIL Short-Term Bond Fund Index ASSET QUALITY A1+ Equivalent % IDFC Banking Debt Fund To generate short term stable returns with a low risk strategy. Investments in good quality fixed income & Money Market securities issued by scheduled Commercial banks. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable (IDFC BDF) An Open Ended Income Fund : Name Rating % of NAV CBLO 0.02 Clearing Corporation of India 0.02 Certificate of Deposit Punjab National Bank A Canara Bank A Corporation Bank A Bank of India A State Bank of Patiala A Indian Bank A State Bank of Travancore A Oriental Bank of Commerce A Bank of Baroda A Net Current Asset NAV ( `) : 31 October 2014 Option Freq NAV Growth Dividend Dividend Fortnightly Dividend Daily Dividend Monthly Dividend Quarterly Dividend Annual Direct Growth Direct Dividend Direct Dividend Fortnightly Direct Dividend Daily Direct Dividend Monthly Direct Dividend Quarterly Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Mar 07, 2013 (Since Inception) % 9.18% 6.73% 11,460 11,475 11,075 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Mar 07, 2013 (Since Inception) % 9.18% 6.73% 11,480 11,475 11,075 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. #CRISIL Short-Term Bond Fund Index, ##1Year T-Bill Performance of the funds managed by the fund manager are given on page No

26 IDFC Money Manager Fund Investment FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `1, Crores Inception Date: 9 August 2004 Fund Manager: Mr. Anupam Joshi (Since October 2008) About the fund: The Fund invests only in short maturity, highly rated debt and money market instruments and aims to benefit from the seasonality of money market rates. Other Parameter: Standard deviation: Modified Duration: Average Maturity : Yield to Maturity: : NSE MIBOR INDEX 0.15% 130 days 131 days 8.55% (IDFC - MMF - IP) An Open Ended Income Fund : Name Rating % of NAV CBLO Clearing Corporation of India Certificate of Deposit Punjab National Bank A Canara Bank A State Bank of Patiala A Bank of India A Indian Bank A State Bank of Travancore A Corporation Bank A Bank of Baroda A Commercial Paper HDFC A Corporate Bond 9.38 Tata Sons AAA 9.38 Net Current Asset 0.58 NAV ( `) : ASSET QUALITY A1+ Equivalent % IDFC Money Manager Fund - Investment To generate short term stable returns with a low risk strategy. Investments in good quality fixed income & Money Market securities Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable 31 October 2014 Option Freq NAV Growth Dividend Monthly Dividend Daily Dividend Weekly Dividend Quarterly Dividend Annual Direct Growth Direct Dividend Monthly Direct Dividend Daily Direct Dividend Weekly Direct Dividend ic Direct Dividend Quarterly Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Performance of the funds managed by the fund manager are given on page No # ^ # ## Aug 09, 2004 (Since Inception) % 6.21% 5.65% 20,713 18,426 17,475 Sep 30, 2013 To Sep 30, % 5.68% 8.35% Sep 28, 2012 To Sep 30, % 5.49% 5.70% Sep 29, 2011 To Sep 28, % 8.41% 8.14% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # NSE Mibor Index, ## 1 Year T-Bill Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Jan 01, 2013 (Since Inception) % 5.63% 6.89% 11,620 11,003 11,233 Sep 30, 2013 To Sep 30, % 5.68% 8.35% NA 27

27 IDFC Super Saver Income Fund Short Term FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `2, Crores Inception Date: 14 December 2000 Fund Manager: Mr. Suyash Choudhary (Since March 11, 2011) About the fund: A Short Term Income Fund, the portfolio is a mix of short duration corporate bonds and money market instruments. The average portfolio maturity will not ordinarily exceed 2 years. The fund will not have any exposure to government securities. Other Parameter: Standard deviation: Modified Duration: Average Maturity: Yield to Maturity: 0.29% 1.82 years 2.00 years 8.86% : CRISIL Short-Term Bond Fund Index (IDFC - SSIF - ST) An Open Ended Income Fund : Name Rating % of NAV CBLO 0.14 Clearing Corporation of India 0.14 Corporate Bond Power Finance Corporation AAA Rural Electrification Corporation AAA LIC Housing Finance AAA HDFC AAA Sesa Sterlite AA Power Grid Corporation of India AAA 7.68 Kotak Mahindra Prime AAA 5.55 Shriram Transport Finance Company AA Tata Capital Housing Finance AA Kotak Mahindra Investments AAA 1.84 Ultratech Cement AAA 1.47 IDFC AAA 0.55 Tata Sons AAA 0.40 NABARD AAA 0.06 HDB Financial Services AAA 0.06 Certificate of Deposit Canara Bank A Punjab National Bank A Axis Bank A Bank of Baroda A Corporation Bank A Oriental Bank of Commerce A Net Current Asset 4.09 NAV ( `) : ASSET QUALITY AAA Equivalent 86.98% AA % IDFC Super Saver Income Fund-Short Term To generate optimal returns over short to medium term. Investments in good quality fixed income & Money Market securities. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable 31 October 2014 Option Freq NAV Growth Dividend Monthly Dividend Fortnightly Dividend ic NA Direct Growth Direct Dividend Monthly Direct Dividend Fortnightly Direct Dividend ic Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # CRISIL Short-Term Bond Fund Index, ## 1 Year T-Bill Performance of the funds managed by the fund manager are given on page No # ^ # ## Dec 14, 2000 (Since Inception) % NA 6.08% 27,148 NA 22,575 Sep 30, 2013 To Sep 30, % 10.12% 8.35% Sep 28, 2012 To Sep 30, % 7.78% 5.70% Sep 29, 2011 To Sep 28, % 9.21% 8.14% Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Jan 01, 2013 (Since Inception) % 9.02% 6.89% 11,673 11,627 11,233 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA 28

28 IDFC Super Saver Income Fund Medium Term FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `1, Crores Inception Date: 8 July 2003 Fund Manager: Mr. Anupam Joshi (Since March 2009) About the fund: The fund is positioned in the short term fund category and invests in a mix of debt and money market instruments. The fund can take tactical G sec exposure up to 25% of the portfolio. The overall average maturity of the fund is ordinarily capped at 4 years. MT is best suited for investors who want moderate participation. The 4 year average maturity cap makes the fund well suited to offer lower volatility yet benefit from potential fall in interest rates. Other Parameter: Standard deviation: Modified Duration: Average Maturity : Yield to Maturity: 0.41% 3.06 years 4.00 years 8.83% : Crisil Short Term Bond Fund Index IDFC Super Saver Income Fund - Medium Term To generate optimal returns over short to medium term. Investments in high quality money market & debt instruments including G-Sec securities. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future Performance of the funds managed by the fund manager are given on page No (IDFC - SSIF-MT) An Open Ended Income Fund : Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # Jul 08, 2003 (Since Inception) % 6.86% 5.55% 22,209 21,069 18,344 Sep 30, 2013 To Sep 30, % 10.12% 8.35% Sep 28, 2012 To Sep 30, % 7.78% 5.70% Sep 29, 2011 To Sep 28, % 9.21% 8.14% Name Rating % of NAV Name Rating % of NAV CBLO 1.15 Clearing Corporation of India 1.15 Corporate Bond Sesa Sterlite AA LIC Housing Finance AAA Rural Electrification Corporation AAA 8.59 Shriram Transport Finance Company AA Power Finance Corporation AAA 7.31 HDFC AAA 5.66 Shriram Transport Finance Company AA 2.22 Power Grid Corporation of India AAA 1.55 Lafarge India AA IDFC AAA 1.25 ICICI Bank AAA 1.24 L&T Infrastructure Finance Co AA Sundaram Finance AA HDFC Bank AAA 0.52 Volkswagen Finance Pvt AAA 0.40 NABARD AAA 0.30 Indian Railway Finance Corp AAA 0.26 Bajaj Finance AA Tata Capital Housing Finance AA Tata Sons AAA 0.08 Tata Capital Financial Services AA Government Bond % G-Sec SOV % G-Sec SOV % G-Sec SOV 5.04 Commercial Paper 3.70 HDFC A ^ # ## # CRISIL Short-Term Bond Fund Index, ## 1 Year T-Bill Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) October 2014 HDB Financial Services A Certificate of Deposit 1.34 Canara Bank A Karur Vysya Bank A Yes Bank A Indusind Bank A ICICI Bank A Zero Coupon Bonds 0.01 Sundaram Finance AA Net Current Asset 3.63 Grand NAV ( `) : Option Freq NAV Growth Dividend BiMonthly Dividend Fortnightly Dividend Monthly Dividend Daily Dividend Quarterly Dividend ic NA Direct Growth Direct Dividend BiMonthly Direct Dividend Fortnightly Direct Dividend Monthly Direct Dividend Quarterly Direct Dividend Daily Direct Dividend ic ASSET QUALITY AAA Equivalent 73.68% AA % AA 2.22% # ^ # ## Jan 01, 2013 (Since Inception) % 9.02% 6.89% 11,447 11,627 11,233 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA 29

29 IDFC Super Saver Income Fund Investment FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `1, Crores Inception Date: 14 July 2000 Fund Manager: Mr. Suyash Choudhary (Since Oct 15, 2010) About the fund: An actively managed bond fund which seeks to invest in highly rated money market and debt instruments (including government securities) and aims to generate stable long term returns through mix of accrual income and capital appreciation. Other Parameter: Standard deviation: Modified Duration: Average Maturity: Yield to Maturity: 1.02% 8.00 years years 8.36% : CRISIL Composite Bond Fund Index (IDFC - SSIF - IP) An Open Ended Income Fund : Name Rating % of NAV CBLO 0.74 Clearing Corporation of India 0.74 Government Bond % G-Sec SOV % G-Sec SOV % G-Sec SOV Corporate Bond 0.14 HDFC Bank AAA 0.10 Shriram Transport Finance Company AA 0.04 Net Current Asset 2.07 NAV ( `) : ASSET QUALITY AAA Equivalent 99.96% AA 0.04% IDFC Super Saver Income Fund - Investment To generate long term optimal returns by active management. Investments in high quality money market & debt instruments including G-Sec securities. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable 31 October 2014 Option Freq NAV Dividend Quarterly Growth Dividend Annual Dividend Half Yearly Dividend ic NA Direct Growth Direct Dividend Quarterly Direct Dividend Annual Direct Dividend ic AAA mfs by CRISIL Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Jul 14, 2000 (Since Inception) % NA NA 30,789 NA NA Sep 30, 2013 To Sep 30, % 11.61% 6.85% Sep 28, 2012 To Sep 30, % 3.49% 2.45% Sep 29, 2011 To Sep 28, % 9.53% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # CRISIL Composite Bond Fund Index, ## 10 Year GOI Performance of the funds managed by the fund manager are given on page No # ^ # ## Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Jan 01, 2013 (Since Inception) % 7.18% 3.47% 11,302 11,287 10,613 Sep 30, 2013 To Sep 30, % 11.61% 6.85% NA 30

30 IDFC Dynamic Bond Fund FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `3, Crores Inception Date: 25 June 2002 Fund Manager: Mr. Suyash Choudhary (Since Oct 15, 2010) About the fund: The fund is positioned in the income fund category to take exposure across the curve depending upon the fund manager s underlying interest rate view where we employ the majority of the portfolio. It is a wide structure and conceptually can go anywhere on the curve. The fund plays the trade of the season which we think will sustain for a longer period of time. Other Parameter: Standard deviation: 1.02% Modified Duration: Average Maturity : 7.98 years years Yield to Maturity: 8.36% : CRISIL Composite Bond Fund Index (IDFC - DBF) An Open Ended Income Fund : Name Rating % of NAV CBLO 0.93 Clearing Corporation of India 0.93 Government Bond % G-Sec SOV % G-Sec SOV % G-Sec SOV % G-Sec SOV % G-Sec SOV 0.04 Corporate Bond 0.10 Rural Electrification Corporation AAA 0.10 Net Current Asset 1.56 NAV ( `) : ASSET QUALITY AAA Equivalent % IDFC Dynamic Bond Fund To generate long term optimal returns by active management. Investments in high quality money market & debt instruments including G-Sec securities. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable 31 October 2014 Option Freq NAV Growth Dividend Dividend Quarterly Dividend Annual Dividend Half Yearly Dividend ic NA Direct Growth Direct Dividend Direct Dividend Quarterly Direct Dividend Annual Direct Dividend Half Yearly Direct Dividend ic AAA mfs by CRISIL Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # Dec 03, 2008 (Since Inception) % 7.34% 4.02% 15,260 15,112 12,580 Sep 30, 2013 To Sep 30, % 11.61% 6.85% Sep 28, 2012 To Sep 30, % 3.49% 2.45% Sep 29, 2011 To Sep 28, % 9.53% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # CRISIL Composite Bond Fund Index, ## 10 Year GOI Performance of the funds managed by the fund manager are given on page No ^ # ## Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Jan 01, 2013 (Since Inception) % 7.18% 3.47% 11,353 11,287 10,613 Sep 30, 2013 To Sep 30, % 11.61% 6.85% NA 31

31 IDFC Government Securities Fund Investment FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): ` Crores Inception Date: 09 March 2002 Fund Manager: Mr. Suyash Choudhary ( Since Oct 15, 2010) About the fund: A dedicated gilt fund with an objective to generate optimal returns with high liquidity by investing in Government Securities. Other Parameter: Standard deviation: 1.07% Modified duration: 8.20 years Average Maturity: years Yield to Maturity: 8.32% : I-Sec Composite Index (IDFC GSF-IP) An Open Ended Dedicated Gilt Fund : Name Rating % of NAV CBLO 3.92 Clearing Corporation of India 3.92 Government Bond % G-Sec SOV % G-Sec SOV % G-Sec SOV % G-Sec SOV % G-Sec SOV % G-Sec SOV 0.34 Net Current Asset NAV ( `) : ASSET QUALITY Sovereign % IDFC Government Securities Fund - Investment To generate long term optimal returns. Investments in Government Securities and Treasury Bills. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable 31 October 2014 Option Freq NAV Dividend Growth Dividend Quarterly Dividend Annual Dividend ic NA Direct Growth Direct Dividend Direct Dividend Quarterly Direct Dividend Annual Direct Dividend Half Yearly NA Direct Dividend ic Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Dec 03, 2008 (Since Inception) % NA 4.02% 14,938 NA 12,580 Sep 30, 2013 To Sep 30, % 11.12% 6.85% Sep 28, 2012 To Sep 30, % 4.97% 2.45% Sep 29, 2011 To Sep 28, % 10.07% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # I-Sec Composite Index, ## 10 Year GOI Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Jan 01, 2013 (Since Inception) % 7.28% 3.47% 11,479 11,305 10,613 Sep 30, 2013 To Sep 30, % 11.12% 6.85% NA Performance of the funds managed by the fund manager are given on page No

32 IDFC Government Securities Fund Provident Fund FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `57.57 Crores Inception Date: 29 March 2004 Fund Manager: Mr. Suyash Choudhary (Since Oct 15, 2010) About the fund: A dedicated gilt fund with an objective to generate optimal returns with high liquidity by investing in Government Securities. Other Parameter: Standard deviation 1.09% Modified duration 8.30 years Average Maturity: years Yield to Maturity: 8.36% : I-SEC Composite Index (IDFC GSF-PF) An Open Ended Dedicated Gilt Fund : Name Rating % of NAV CBLO 0.85 Clearing Corporation of India 0.85 Government Bond % G-Sec SOV % G-Sec SOV % G-Sec SOV NAV ( `) : ASSET QUALITY Sovereign % 31 October 2014 Option Freq NAV Growth Dividend Quarterly Dividend Annual Dividend ic NA Direct Growth Direct Dividend Quarterly Direct Dividend Annual Direct Dividend ic % G-Sec SOV % G-Sec SOV % G-Sec SOV 1.21 Net Current Asset 1.27 IDFC Government Securities Fund - PF To generate optimal returns over short to medium term. Investments in Government Securities and Treasury Bills. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) # Mar 29, 2004 (Since Inception) % 6.74% 4.40% 21,519 19,854 15,733 Sep 30, 2013 To Sep 30, % 11.12% 6.85% Sep 28, 2012 To Sep 30, % 4.97% 2.45% Sep 29, 2011 To Sep 28, % 10.07% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # I-Sec Composite Index, ## 10 Year GOI ^ # ## Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Jan 01, 2013 (Since Inception) % 7.28% 3.47% 11,521 11,305 10,613 Sep 30, 2013 To Sep 30, % 11.12% 6.85% NA Performance of the funds managed by the fund manager are given on page No

33 IDFC Government Securities Fund Short Term FUND FEATURES Nature: Debt Average AUM (Jul-Sep 14): `7.35 Crores Inception Date: 09 March 2002 Fund Manager: Mr. Suyash Choudhary ( Since Oct 15, 2010) About the fund: The fund is a mix of government bonds, state development loans (SDLs), treasury bills and cash management bills. It looks to generate stable returns through a mix of accrual income and capital appreciation. The residual maturity of any single security bought will not ordinarily exceed 10 years and the overall average maturity of the portfolio will not ordinarily exceed four years. Other Parameter: Standard deviation 0.60% Modified duration Average Maturity: : I-SEC Composite Index 3.00 years 4.00 years Yield to Maturity: 8.35% (IDFC GSF-ST) An Open Ended Dedicated Gilt Fund : Name Rating % of NAV CBLO 1.05 Clearing Corporation of India 1.05 Government Bond % G-Sec SOV % G-Sec SOV Treasury Bills Days Tbill (MD 04/12/2014) SOV Net Current Asset 2.32 NAV ( `) : Option Freq NAV Growth Dividend Dividend Monthly Quarterly Dividend Weekly Dividend ic NA Direct Growth Direct Dividend Weekly NA Direct Dividend ic ASSET QUALITY Sovereign % IDFC Government Securities Fund - Short Term To generate short to medium term optimal returns. Investments in Government Securities and Treasury Bills. Low Risk Blue *Investors should consult their financial advisers if in doubt about whether the product is suitable 31 October 2014 Fund Performance Growth Option ( NAV as on Sep 30, 2014 ` per Unit) Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future. # I-Sec Composite Index, ## 1 Year T-Bill Performance of the funds managed by the fund manager are given on page No # ^ # ## Mar 09, 2002 (Since Inception) % NA 5.62% 18,768 NA 19,894 Sep 30, 2013 To Sep 30, % 11.12% 8.35% Sep 28, 2012 To Sep 30, % 4.97% 5.70% Sep 29, 2011 To Sep 28, % 10.07% 8.14% Direct Growth Option (NAV as on Sep 30, 2014 ` per Unit) # ^ # ## Jan 01, 2013 (Since Inception) % 7.28% 6.89% 11,946 11,305 11,233 Sep 30, 2013 To Sep 30, % 11.12% 8.35% NA 34

34 IDFC Fixed Maturity IDFC FMP - 3 YEAR SERIES 5 Allotment Date : 25-Nov-11 Date of Maturity: 25-Nov-14 CBLO 0.46 Clearing Corporation of India 0.46 Certificate of Deposit Oriental Bank of Commerce A ICICI Bank A Ratnakar Bank A Zero Coupon Bonds Kotak Mahindra Prime AAA Sundaram BNP Paribas Home Fina AA Tata Capital Financial Services AA Corporate Bond NABARD AAA Net Current Asset 1.30 IDFC YEARLY SERIES INTERVAL FUND - SERIES 1 Allotment Date : 22-Jan-13 Date of Maturity: Specified trn dates- January 23, 2015 and January 24, 2015 CBLO 0.02 Clearing Corporation of India 0.02 Certificate of Deposit ING Vysya Bank A Central Bank of India A Canara Bank A Bank of Baroda A Commercial Paper Axis Finance Limited A Corporate Bond Tata Sons AAA 9.54 LIC Housing Finance AAA 7.24 Net Current Asset 1.39 IDFC YEARLY SERIES INTERVAL FUND - SERIES 2 Allotment Date : 12-Feb-13 Date of Maturity: Monday, February 16, 2015 & Tuesday, February 17, 2015 CBLO 0.02 Clearing Corporation of India 0.02 Certificate of Deposit ICICI Bank A IDBI Bank A Oriental Bank of Commerce A Canara Bank A Dividend Growth IDFC FMP - 3 YEAR SERIES 5 NAV (as on 31st OCTOBER 2014) Dividend Growth IDFC YEARLY SERIES INTERVAL FUND - SERIES 1 investments in debt/money market instruments Dividend Growth IDFC YEARLY SERIES INTERVAL FUND - SERIES 2 35

35 IDFC Fixed Maturity IDFC YEARLY SERIES INTERVAL FUND - SERIES 3 Allotment Date : 21-Feb-13 Date of Maturity: Wednesday, February 25, 2015 & Thursday, February 26, 2015 CBLO 0.02 Clearing Corporation of India 0.02 Certificate of Deposit Yes Bank A The Jammu & Kashmir Bank A Axis Bank A ICICI Bank A Central Bank of India A IDFC FMP - INTERVAL FUND - SERIES 4 Allotment Date : 31-Jan-14 Date of Maturity: Monday, November 03, 2014 and Wednesday, November 05, 2014 CBLO Clearing Corporation of India Certificate of Deposit Ratnakar Bank A Yes Bank A Indusind Bank A Net Current Asset 0.01 IDFC FMP - FIXED TERM PLAN SERIES 1 Allotment Date : 17-Aug-12 Date of Maturity: 20-Aug-15 CBLO 0.04 Clearing Corporation of India 0.04 Corporate Bond Power Finance Corporation AAA NABARD AAA IDFC AAA HDFC AAA Export Import Bank of India AAA 6.86 Reliance Utilities & Power Pvt AAA 5.27 Volkswagen Finance Pvt AAA 1.59 Zero Coupon Bonds LIC Housing Finance AAA Certificate of Deposit 5.26 The Jammu & Kashmir Bank A Axis Bank A ING Vysya Bank A Net Current Asset 3.18 Dividend Growth IDFC YEARLY SERIES INTERVAL FUND - SERIES 3 Dividend Growth IDFC FMP - INTERVAL FUND - SERIES 4 Regular fixed income over Short term Dividend Growth IDFC FMP - FIXED TERM PLAN SERIES 1 investments in debt/money market instruments 36

36 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 2 Allotment Date : 23-Aug-12 Date of Maturity: 24-Aug-15 CBLO 0.02 Clearing Corporation of India 0.02 Certificate of Deposit ICICI Bank A Kotak Mahindra Bank A Axis Bank A Commercial Paper IL&FS Financial Services A Net Current Asset IDFC FMP - FIXED TERM PLAN SERIES 4 Allotment Date : 11-Oct-12 Date of Maturity: 14-Oct-15 CBLO 0.05 Clearing Corporation of India 0.05 Corporate Bond NABARD AAA HDFC AAA IDFC AAA HDB Financial Services AAA Power Grid Corporation of India AAA LIC Housing Finance AAA 8.92 Export Import Bank of India AAA 3.57 Power Finance Corporation AAA 3.27 Indian Railway Finance Corp AAA 2.89 Certificate of Deposit 4.87 ICICI Bank A Bank of India A Axis Bank A Net Current Asset 4.35 IDFC FMP - FIXED TERM PLAN SERIES 21 Allotment Date : 12-Jul-13 Date of Maturity: 09-Jul-15 CBLO 0.06 Clearing Corporation of India 0.06 Corporate Bond Power Grid Corporation of India AAA NABARD AAA IDFC AAA Volkswagen Finance Pvt AAA Kotak Mahindra Prime AAA HDFC AAA Power Finance Corporation AAA 6.85 Certificate of Deposit 1.57 Axis Bank A IDBI Bank A Net Current Asset 5.43 Dividend NA Growth IDFC FMP - FIXED TERM PLAN SERIES 2 Dividend Growth IDFC FMP - FIXED TERM PLAN SERIES 4 Growth IDFC FMP - FIXED TERM PLAN SERIES 21 37

37 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 23 Allotment Date : 26-Jul-13 Date of Maturity: 28-Jul-15 CBLO 0.02 Clearing Corporation of India 0.02 Corporate Bond IDFC AAA Power Finance Corporation AAA HDFC AAA L&T Infrastructure Finance Co AA Export Import Bank of India AAA 9.84 NABARD AAA 8.78 Tata Sons AAA 5.66 Volkswagen Finance Pvt AAA 2.72 Power Grid Corporation of India AAA 1.69 Certificate of Deposit 3.19 Axis Bank A ING Vysya Bank A Net Current Asset 3.17 IDFC FMP - FIXED TERM PLAN SERIES 24 Allotment Date : 01-Aug-13 Date of Maturity: 02-Aug-16 CBLO 0.09 Clearing Corporation of India 0.09 Corporate Bond Power Finance Corporation AAA Export Import Bank of India AAA Tata Capital Housing Finance AA Power Grid Corporation of India AAA NABARD AAA HDB Financial Services AAA 9.72 Zero Coupon Bonds Sundaram Finance AA Net Current Asset 2.34 IDFC FMP - FIXED TERM PLAN SERIES 25 Allotment Date : 08-Aug-13 Date of Maturity: 09-Aug-16 CBLO 0.14 Clearing Corporation of India 0.14 Corporate Bond Rural Electrification Corporation AAA Power Finance Corporation AAA Sundaram Finance AA Ultratech Cement AAA LIC Housing Finance AAA Power Grid Corporation of India AAA 8.12 Zero Coupon Bonds Bajaj Finance AA Net Current Asset 2.05 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 23 IDFC FMP - FIXED TERM PLAN SERIES 24 investments in debt/money market instruments IDFC FMP - FIXED TERM PLAN SERIES 25 38

38 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 26 Allotment Date : 14-Aug-13 Date of Maturity: 26-Sep-16 CBLO 0.05 Clearing Corporation of India 0.05 Corporate Bond IDFC AAA Power Finance Corporation AAA LIC Housing Finance AAA L&T Finance AA HDFC AAA 9.91 Small Industries Dev Bank of India AAA 7.23 NABARD AAA 2.87 Certificate of Deposit Axis Bank A Indian Bank A Net Current Asset 5.41 IDFC FMP - FIXED TERM PLAN SERIES 27 Allotment Date : 21-Aug-13 Date of Maturity: 22-Aug-16 CBLO 0.02 Clearing Corporation of India 0.02 Corporate Bond Power Finance Corporation AAA Rural Electrification Corporation AAA Ultratech Cement AAA HDFC AAA 9.66 Zero Coupon Bonds Bajaj Finance AA Sundaram Finance AA Certificate of Deposit 8.82 ICICI Bank A Net Current Asset 1.33 IDFC FMP - FIXED TERM PLAN SERIES 28 Allotment Date : 30-Aug-13 Date of Maturity: 01-Sep-16 CBLO 0.03 Clearing Corporation of India 0.03 Corporate Bond Power Grid Corporation of India AAA Power Finance Corporation AAA National Housing Bank AAA NABARD AAA Shriram Transport Finance Company AA LIC Housing Finance AAA 7.26 Zero Coupon Bonds HDFC AAA Certificate of Deposit 2.36 Kotak Mahindra Bank A ICICI Bank A Net Current Asset 2.15 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 26 IDFC FMP - FIXED TERM PLAN SERIES 27 IDFC FMP - FIXED TERM PLAN SERIES 28 39

39 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 29 Allotment Date : 29-Aug-13 Date of Maturity: 31-May-15 CBLO 0.55 Clearing Corporation of India 0.55 Corporate Bond Power Grid Corporation of India AAA IDFC AAA Power Finance Corporation AAA LIC Housing Finance AAA HDFC AAA 6.00 Small Industries Dev Bank of India AAA 0.84 Certificate of Deposit Axis Bank A Net Current Asset 4.14 IDFC FMP - FIXED TERM PLAN SERIES 31 Allotment Date : 29-Aug-13 Date of Maturity: 30-Aug-16 Corporate Bond Power Finance Corporation AAA Power Grid Corporation of India AAA Rural Electrification Corporation AAA HDFC AAA 9.55 Zero Coupon Bonds Sundaram Finance AA Bajaj Finance AA Certificate of Deposit 1.77 ICICI Bank A Net Current Asset 1.34 IDFC FMP - FIXED TERM PLAN SERIES 32 Allotment Date : 05-Sep-13 Date of Maturity: 06-Sep-16 CBLO 0.51 Clearing Corporation of India 0.51 Corporate Bond Rural Electrification Corporation AAA Power Finance Corporation AAA IDFC AAA HDFC AAA 9.26 Zero Coupon Bonds Bajaj Finance AA Sundaram Finance AA Certificate of Deposit 0.69 ICICI Bank A Net Current Asset 1.52 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 29 IDFC FMP - FIXED TERM PLAN SERIES 31 IDFC FMP - FIXED TERM PLAN SERIES 32 40

40 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 33 Allotment Date : 13-Sep-13 Date of Maturity: 14-Sep-16 CBLO 0.87 Clearing Corporation of India 0.87 Corporate Bond Power Finance Corporation AAA Rural Electrification Corporation AAA NABARD AAA Tata Capital Financial Services AA LIC Housing Finance AAA 9.72 Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.14 IDFC FMP - FIXED TERM PLAN SERIES 34 Allotment Date : 17-Sep-13 Date of Maturity: 19-Sep-16 CBLO 0.41 Clearing Corporation of India 0.41 Corporate Bond NABARD AAA Power Finance Corporation AAA Rural Electrification Corporation AAA LIC Housing Finance AAA Tata Capital Financial Services AA Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.15 IDFC FMP - FIXED TERM PLAN SERIES 35 Allotment Date : 24-Sep-13 Date of Maturity: 26-Sep-16 CBLO 1.02 Clearing Corporation of India 1.02 Corporate Bond Rural Electrification Corporation AAA NABARD AAA Power Finance Corporation AAA Tata Capital Financial Services AA Bajaj Finance AA LIC Housing Finance AAA 9.99 Net Current Asset 1.25 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 33 IDFC FMP - FIXED TERM PLAN SERIES 34 Capital appreciation and provide regular income over a long period of time. Investment primarily in debt securities to generate regular returns and investment of a portion of the 's assets in equity securities to generate long-term capital appreciation. IDFC FMP - FIXED TERM PLAN SERIES 35 41

41 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 39 Allotment Date : 27-Sep-13 Date of Maturity: 11-May-15 CBLO 0.05 Clearing Corporation of India 0.05 Corporate Bond IDFC AAA Power Finance Corporation AAA LIC Housing Finance AAA Small Industries Dev Bank of India AAA M&M Financial Services AA HDFC AAA 4.86 NABARD AAA 0.24 Certificate of Deposit 8.38 Axis Bank A Indian Bank A Net Current Asset 6.22 IDFC FMP - FIXED TERM PLAN SERIES 40 Allotment Date : 04-Oct-13 Date of Maturity: 05-Oct-16 CBLO 2.57 Clearing Corporation of India 2.57 Corporate Bond Power Finance Corporation AAA NABARD AAA Rural Electrification Corporation AAA Tata Capital Financial Services AA LIC Housing Finance AAA Bajaj Finance AA Zero Coupon Bonds 6.07 Bajaj Finance AA Net Current Asset 0.04 IDFC FMP - FIXED TERM PLAN SERIES 41 Allotment Date : 11-Oct-13 Date of Maturity: 11-Jun-15 CBLO 0.22 Clearing Corporation of India 0.22 Corporate Bond Power Finance Corporation AAA IDFC AAA NABARD AAA L&T Infrastructure Finance Co AA M&M Financial Services AA LIC Housing Finance AAA 9.94 Certificate of Deposit Axis Bank A Indian Bank A Net Current Asset 5.36 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 39 IDFC FMP - FIXED TERM PLAN SERIES 40 IDFC FMP - FIXED TERM PLAN SERIES 41 42

42 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 42 Allotment Date : 09-Oct-13 Date of Maturity: 13-Oct-16 CBLO 2.25 Clearing Corporation of India 2.25 Corporate Bond Power Finance Corporation AAA IDFC AAA Rural Electrification Corporation AAA Tata Capital Housing Finance AA Tata Capital Financial Services AA LIC Housing Finance AAA 9.70 Net Current Asset 0.71 IDFC FMP - FIXED TERM PLAN SERIES 44 Allotment Date : 23-Oct-13 Date of Maturity: 24-Oct-16 CBLO Clearing Corporation of India Corporate Bond Power Finance Corporation AAA IDFC AAA Rural Electrification Corporation AAA Tata Capital Housing Finance AA Tata Capital Financial Services AA Net Current Asset 0.63 IDFC FMP - FIXED TERM PLAN SERIES 48 Allotment Date : 13-Nov-13 Date of Maturity: 07-May-15 CBLO 0.02 Clearing Corporation of India 0.02 Corporate Bond Power Finance Corporation AAA IDFC AAA M&M Financial Services AA HDFC AAA Certificate of Deposit Axis Bank A Zero Coupon Bonds 9.99 Sundaram Finance AA Net Current Asset 4.38 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 42 IDFC FMP - FIXED TERM PLAN SERIES 44 IDFC FMP - FIXED TERM PLAN SERIES 48 43

43 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 49 Allotment Date : 28-Nov-13 Date of Maturity: 01-Dec-14 IDFC FMP - FIXED TERM PLAN SERIES 50 Allotment Date : 05-Dec-13 Date of Maturity: 08-Dec-14 IDFC FMP - FIXED TERM PLAN SERIES 51 Allotment Date : 06-Dec-13 Date of Maturity: 11-May-15 CBLO 1.01 Clearing Corporation of India 1.01 Certificate of Deposit ICICI Bank A Kotak Mahindra Bank A Oriental Bank of Commerce A Commercial Paper ICICI Home Finance Company A Corporate Bond LIC Housing Finance AAA Net Current Asset 0.44 CBLO 0.06 Clearing Corporation of India 0.06 Certificate of Deposit ICICI Bank A Karur Vysya Bank A Central Bank of India A Commercial Paper HDB Financial Services A CBLO 0.48 Clearing Corporation of India 0.48 Corporate Bond IDFC AAA LIC Housing Finance AAA Power Finance Corporation AAA Kotak Mahindra Prime AAA 7.10 M&M Financial Services AA Certificate of Deposit Axis Bank A Zero Coupon Bonds Sundaram Finance AA Net Current Asset 3.98 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 49 IDFC FMP - FIXED TERM PLAN SERIES 50 IDFC FMP - FIXED TERM PLAN SERIES 51 44

44 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 52 Allotment Date : 13-Dec-13 Date of Maturity: 17-Dec-14 IDFC FMP - FIXED TERM PLAN SERIES 54 Allotment Date : 17-Dec-13 Date of Maturity: 18-Dec-14 IDFC FMP - FIXED TERM PLAN SERIES 57 Allotment Date : 27-Dec-13 Date of Maturity: 14-May-15 CBLO 0.19 Clearing Corporation of India 0.19 Certificate of Deposit ICICI Bank A Central Bank of India A Axis Bank A Commercial Paper HDB Financial Services A CBLO 0.05 Clearing Corporation of India 0.05 Certificate of Deposit Oriental Bank of Commerce A ICICI Bank A Axis Bank A Commercial Paper HDFC A Corporate Bond 1.59 Tata Sons AAA 1.59 Net Current Asset 0.15 CBLO 0.12 Clearing Corporation of India 0.12 Corporate Bond Power Finance Corporation AAA IDFC AAA Kotak Mahindra Prime AAA LIC Housing Finance AAA 8.95 Small Industries Dev Bank of India AAA 4.48 HDFC Bank AAA 4.45 NABARD AAA 0.36 Certificate of Deposit Axis Bank A Central Bank of India A Zero Coupon Bonds M&M Financial Services AA Net Current Asset 3.71 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 52 IDFC FMP - FIXED TERM PLAN SERIES 54 IDFC FMP - FIXED TERM PLAN SERIES 57 45

45 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 59 Allotment Date : 31-Dec-13 Date of Maturity: 05-Jan-15 CBLO 0.04 Clearing Corporation of India 0.04 Certificate of Deposit Central Bank of India A ICICI Bank A ING Vysya Bank A Karur Vysya Bank A Corporate Bond HDFC AAA Net Current Asset 1.69 IDFC FMP - FIXED TERM PLAN SERIES 60 Allotment Date : 03-Jan-14 Date of Maturity: 19-May-15 CBLO 0.27 Clearing Corporation of India 0.27 Corporate Bond Power Finance Corporation AAA Kotak Mahindra Prime AAA IDFC AAA LIC Housing Finance AAA 8.52 M&M Financial Services AA L&T Finance AA Certificate of Deposit Axis Bank A Indian Bank A IDBI Bank A Net Current Asset 4.00 IDFC FMP - FIXED TERM PLAN SERIES 62 Allotment Date : 10-Jan-14 Date of Maturity: 26-May-15 CBLO 0.14 Clearing Corporation of India 0.14 Corporate Bond IDFC AAA Power Finance Corporation AAA Kotak Mahindra Prime AAA L&T Finance AA LIC Housing Finance AAA 9.51 Certificate of Deposit Axis Bank A IDBI Bank A Net Current Asset 4.61 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 59 IDFC FMP - FIXED TERM PLAN SERIES 60 IDFC FMP - FIXED TERM PLAN SERIES 62 46

46 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 64 Allotment Date : 16-Jan-14 Date of Maturity: 08-Apr-15 CBLO 0.22 Clearing Corporation of India 0.22 Certificate of Deposit Axis Bank A ICICI Bank A Oriental Bank of Commerce A Canara Bank A Corporate Bond Kotak Mahindra Prime AAA LIC Housing Finance AAA 8.66 Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.54 IDFC FMP - FIXED TERM PLAN SERIES 65 Allotment Date : 29-Jan-14 Date of Maturity: 02-Feb-15 CBLO Clearing Corporation of India Certificate of Deposit Yes Bank A Bank of Baroda A IDBI Bank A Central Bank of India A Commercial Paper Bajaj Finance A Axis Finance Limited A IDFC FMP - FIXED TERM PLAN SERIES 66 Allotment Date : 23-Jan-14 Date of Maturity: 08-Apr-15 CBLO 0.15 Clearing Corporation of India 0.15 Certificate of Deposit Axis Bank A Bank of Baroda A ICICI Bank A Corporation Bank A Canara Bank A Corporate Bond LIC Housing Finance AAA Sundaram Finance AA Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.21 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 64 IDFC FMP - FIXED TERM PLAN SERIES 65 IDFC FMP - FIXED TERM PLAN SERIES 66 47

47 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 67 Allotment Date : 06-Feb-14 Date of Maturity: 09-Feb-15 CBLO 0.18 Clearing Corporation of India 0.18 Certificate of Deposit IDBI Bank A Karur Vysya Bank A Oriental Bank of Commerce A Commercial Paper Bajaj Finance A Corporate Bond HDFC AAA Net Current Asset 1.30 IDFC FMP - FIXED TERM PLAN SERIES 69 Allotment Date : 18-Feb-14 Date of Maturity: 23-Feb-15 Certificate of Deposit ICICI Bank A The Jammu & Kashmir Bank A IDBI Bank A Axis Bank A Oriental Bank of Commerce A IDFC FMP - FIXED TERM PLAN SERIES 70 Allotment Date : 07-Feb-14 Date of Maturity: 08-Apr-15 CBLO 0.08 Clearing Corporation of India 0.08 Certificate of Deposit Axis Bank A Canara Bank A Oriental Bank of Commerce A Corporation Bank A ICICI Bank A Corporate Bond LIC Housing Finance AAA Sundaram Finance AA Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.21 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 67 IDFC FMP - FIXED TERM PLAN SERIES 69 IDFC FMP - FIXED TERM PLAN SERIES 70 48

48 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 71 Allotment Date : 06-Feb-14 Date of Maturity: 11-Apr-16 CBLO 1.15 Clearing Corporation of India 1.15 Corporate Bond Power Finance Corporation AAA NABARD AAA IDFC AAA LIC Housing Finance AAA Lafarge India AA Tata Sons AAA 5.54 Certificate of Deposit 4.77 Canara Bank A Net Current Asset 5.10 IDFC FMP - FIXED TERM PLAN SERIES 72 Allotment Date : 13-Feb-14 Date of Maturity: 08-Apr-15 CBLO 0.12 Clearing Corporation of India 0.12 Certificate of Deposit Axis Bank A Oriental Bank of Commerce A IDBI Bank A Syndicate Bank A Canara Bank A Corporate Bond LIC Housing Finance AAA Sundaram Finance AA Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.18 IDFC FMP - FIXED TERM PLAN SERIES 74 Allotment Date : 21-Feb-14 Date of Maturity: 08-Apr-15 CBLO 0.10 Clearing Corporation of India 0.10 Certificate of Deposit Axis Bank A Oriental Bank of Commerce A Corporation Bank A Corporate Bond LIC Housing Finance AAA Sundaram Finance AA Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.24 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 71 IDFC FMP - FIXED TERM PLAN SERIES 72 IDFC FMP - FIXED TERM PLAN SERIES 74 49

49 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 75 Allotment Date : 26-Feb-14 Date of Maturity: 08-Apr-15 CBLO 0.09 Clearing Corporation of India 0.09 Certificate of Deposit Axis Bank A Oriental Bank of Commerce A IDBI Bank A Canara Bank A Syndicate Bank A Corporate Bond HDFC AAA Sundaram Finance AA Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.35 IDFC FMP - FIXED TERM PLAN SERIES 76 Allotment Date : 04-Mar-2014 Date of Maturity: 05-Mar-2015 Certificate of Deposit IDBI Bank A Axis Bank A ING Vysya Bank A Oriental Bank of Commerce A Net Current Asset 0.01 IDFC FMP - FIXED TERM PLAN SERIES 77 Allotment Date : 05-Mar-2014 Date of Maturity: 08-Apr-2015 CBLO 0.08 Clearing Corporation of India 0.08 Certificate of Deposit Axis Bank A ICICI Bank A Punjab National Bank A IDBI Bank A Syndicate Bank A Corporate Bond HDFC AAA LIC Housing Finance AAA 4.79 Sundaram Finance AA Zero Coupon Bonds Bajaj Finance AA Net Current Asset 1.60 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 75 IDFC FMP - FIXED TERM PLAN SERIES 76 IDFC FMP - FIXED TERM PLAN SERIES 77 50

50 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 78 Allotment Date : 11-Mar-2014 Date of Maturity: 12-Mar-2015 CBLO 0.02 Clearing Corporation of India 0.02 Certificate of Deposit Bank of India A Punjab National Bank A Oriental Bank of Commerce A Canara Bank A IDBI Bank A IDFC FMP - FIXED TERM PLAN SERIES 79 Allotment Date : 14-Mar-2014 Date of Maturity: 08-Apr-2015 CBLO 0.09 Clearing Corporation of India 0.09 Certificate of Deposit Punjab National Bank A Indian Bank A Axis Bank A Canara Bank A Bank of India A Corporate Bond HDFC AAA Sundaram Finance AA Net Current Asset 1.71 IDFC FMP - FIXED TERM PLAN SERIES 81 Allotment Date : 06-Mar-2014 Date of Maturity: 09-Mar-2015 CBLO 0.11 Clearing Corporation of India 0.11 Certificate of Deposit IDBI Bank A ICICI Bank A Indusind Bank A Syndicate Bank A Net Current Asset 0.02 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 78 IDFC FMP - FIXED TERM PLAN SERIES 79 IDFC FMP - FIXED TERM PLAN SERIES 81 51

51 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 83 Allotment Date : 13-Mar-2014 Date of Maturity: 16-Mar-2015 CBLO 0.41 Clearing Corporation of India 0.41 Certificate of Deposit Yes Bank A Indusind Bank A South Indian Bank A IDBI Bank A IDFC FMP - FIXED TERM PLAN SERIES 84 Allotment Date : 12-Mar-2014 Date of Maturity: 02-Apr-2015 CBLO 0.11 Clearing Corporation of India 0.11 Certificate of Deposit Axis Bank A Punjab National Bank A UCO Bank A Canara Bank A Corporate Bond HDFC AAA Sundaram Finance AA Net Current Asset 1.62 IDFC FMP - FIXED TERM PLAN SERIES 85 Allotment Date : 19-Mar-2014 Date of Maturity: 23-Mar-2015 CBLO 0.04 Clearing Corporation of India 0.04 Certificate of Deposit Indusind Bank A South Indian Bank A UCO Bank A Yes Bank A Karur Vysya Bank A Net Current Asset Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 83 IDFC FMP - FIXED TERM PLAN SERIES 84 IDFC FMP - FIXED TERM PLAN SERIES 85 52

52 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 86 Allotment Date : 19-Mar-2014 Date of Maturity: 02-Apr-2015 CBLO 0.07 Clearing Corporation of India 0.07 Certificate of Deposit Axis Bank A Indian Bank A Punjab National Bank A Bank of India A Canara Bank A Corporate Bond LIC Housing Finance AAA Net Current Asset 1.14 IDFC FMP - FIXED TERM PLAN SERIES 88 Allotment Date : 26-Mar-2014 Date of Maturity: 02-Apr-2015 CBLO 0.09 Clearing Corporation of India 0.09 Certificate of Deposit ICICI Bank A Axis Bank A Bank of India A Indian Bank A Corporate Bond HDFC AAA Sundaram Finance AA Net Current Asset 1.71 IDFC FMP - FIXED TERM PLAN SERIES 89 Allotment Date : 27-Mar-14 Date of Maturity: 07-Apr-16 CBLO 0.64 Clearing Corporation of India 0.64 Corporate Bond LIC Housing Finance AAA IDFC AAA Rural Electrification Corporation AAA Power Finance Corporation AAA Volkswagen Finance Pvt AAA Bajaj Finance AA NABARD AAA 6.14 Net Current Asset 5.37 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 86 IDFC FMP - FIXED TERM PLAN SERIES 88 IDFC FMP - FIXED TERM PLAN SERIES 89 Regular fixed income over long term 53

53 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 90 Allotment Date : 10- April Date of Maturity: 07-Apr-16 CBLO 0.41 Clearing Corporation of India 0.41 Corporate Bond Rural Electrification Corporation AAA Power Finance Corporation AAA HDFC AAA IDFC AAA Volkswagen Finance Pvt AAA Bajaj Finance AA NABARD AAA 2.49 Net Current Asset 5.06 IDFC FMP - FIXED TERM PLAN SERIES 91 Allotment Date : 16- Apr-2014 Date of Maturity: 20-Apr-15 CBLO 0.07 Clearing Corporation of India 0.07 Certificate of Deposit ICICI Bank A Yes Bank A ING Vysya Bank A Kotak Mahindra Bank A Net Current Asset 0.01 IDFC FMP - FIXED TERM PLAN SERIES 92 Allotment Date : 07- May-14 Date of Maturity: 11-May-15 CBLO 0.91 Clearing Corporation of India 0.91 Certificate of Deposit The Jammu & Kashmir Bank A Yes Bank A Axis Bank A Commercial Paper Cholamandalam Invt and Fin Co A Net Current Asset 0.01 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 90 IDFC FMP - FIXED TERM PLAN SERIES 91 IDFC FMP - FIXED TERM PLAN SERIES 92 54

54 IDFC Fixed Maturity IDFC FMP - FIXED TERM PLAN SERIES 93 Allotment Date : 13- May-14 Date of Maturity: 14-May-15 CBLO 0.31 Clearing Corporation of India 0.31 Certificate of Deposit Yes Bank A Indusind Bank A Axis Bank A ING Vysya Bank A ICICI Bank A Kotak Mahindra Bank A Commercial Paper Cholamandalam Invt and Fin Co A Net Current Asset 0.05 IDFC FMP - FIXED TERM PLAN SERIES 97 Allotment Date : 03- June-14 Date of Maturity: 04-June-15 CBLO 0.07 Clearing Corporation of India 0.07 Certificate of Deposit Yes Bank A Indusind Bank A ICICI Bank A Commercial Paper Cholamandalam Invt and Fin Co A IDFC FMP - FIXED TERM PLAN SERIES 99 Allotment Date : 12- June-14 Date of Maturity: 15-June-15 CBLO 0.20 Clearing Corporation of India 0.20 Certificate of Deposit ING Vysya Bank A The Jammu & Kashmir Bank A Axis Bank A Karur Vysya Bank A ICICI Bank A Net Current Asset 0.02 Growth Growth Growth IDFC FMP - FIXED TERM PLAN SERIES 93 IDFC FMP - FIXED TERM PLAN SERIES 97 IDFC FMP - FIXED TERM PLAN SERIES 99 55

55 Fund Snapshot IDFC Dynamic Equity Fund (IDFC - DEF) IDFC Classic Equity Fund (IDFC - CEF) IDFC Equity Fund (IDFC - EF) IDFC Imperial Equity Fund (IDFC - IEF) IDFC Infrastructure Fund (IDFC - IF) IDFC Nifty Fund (IDFC-NF) IDFC Premier Equity Fund (IDFC - PEF) IDFC Sterling Equity Fund (IDFC - SEF) IDFC Equity Opportunity - Series 1 Nature of the Inception Date An Open - Ended Equity Fund October 10, 2014 Open - Ended Equity Fund August 9, 2005 Open - Ended Equity Fund June 9, 2006 Open - Ended Equity Fund March 16, 2006 Open - Ended Equity Fund March 8, 2011 Open - Ended Index Linked Equity April 30, 2010 Open - Ended Equity Fund September 28, 2005 Open - Ended Equity Fund March 7, 2008 Close Ended Equity Fund April 15, 2013 Investment Objective Fund Manager The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate in come and capital a p p r e c i a t i o n t h r o u g h investment in Debt & Money Market instruments. Ms. Punam Sharma & Mr. Anupam Joshi The investment objective of the is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related instruments. However, there is no assurance or g u a r a n t e e t h a t t h e objectives will be realized. Mr. Ankur Arora (w.e.f. 14 Mar, 2012) The investment objective is to seek to generate capital growth from a portfolio of predominantly equity and equity related instruments ( i n c l u d i n g E q u i t y Derivatives). The scheme may also invest in debt & m o n e y m a r k e t instruments to generate reasonable income. However there is no assurance or guarantee that the objectives of the scheme will be realized. Mr. Kenneth Andrade (w.e.f. 27th June 2013) The investment objective of the scheme is to seek to g e n e r a t e c a p i t a l appreciation and/or provide income distribution from a portfolio of predominantly equity and equity related instruments. There is no assurance or guarantee that the objectives will be realized. Mr. Ankur Arora ( w.e.f. 27th June 2013) The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity related instruments of c o m p a n i e s t h a t a r e p a r t i c i p a t i n g i n a n d benefiting from growth in Indian Infrastructure and infra structural related activities, However, there can be no assurance that the investment Objective of the scheme will be realized. Mr. Rajendra Mishra (w.e.f. 27th June 2013) The investment objective of the scheme is to replicate the CNX Nifty Index by investing in securities of the CNX Nifty Index in the same proportion / wightage. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns. Ms. Punam Sharma (w.e.f. 3 Oct, 2011) The shall seek to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. The portfolio would acquire, inter alia, small and medium size businesses with good long term potential, which are available at cheap valuations. Such securities would be identified through disciplined fundamental research keeping in view medium to long-term trends in the business environment. The shall endeavor to accumulate longterm investor wealth by opening subscriptions to units during periods when stocks are available at reasonable valuations. By doing so, the Fund managers would endeavor to prevent short-term money from flowing into the fund which can prove detrimental to the interests of long-term investors. As the scheme would be sold to investors with a long-term investment horizon, it is also expected that the portfolio would remain relatively more insulated to day to day redemption pressures. The fund will close subscription, once it has collected a predetermined manageable corpus (approximate amount), which will be decided by the fund manager depending on the available investment opportunities in the stock market / if the fund manager is of the opinion that investment opportunities have diminished. Thus the fund manager will endeavour to ensure that there are sufficient assets available to meet the long-term objectives of the fund. Mr. Kenneth Andrade The investment objective of the is to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The will predominantly invest in small and midcap equity and equity related instruments. Small and Midcap equity and equity related instruments will be the stocks included in the CNX Midcap index or equity and equity related instruments of such companies which have a market capitalization lower than the highest components of CNX Midcap Index. The may also invest in stocks other than mid cap stocks (i.e. in stocks, which have a market capitalisation of above the market capitalisation range of the defined small - midcap stocks) and derivatives. On defensive consideration, the may also invest in debt and money market instruments. In case of discontinuation / suspension of CNX Midcap Index, the AMC reserves the right to modify the definition of Mid cap and Small cap companies. In case of such a modification, the interest of investors will be of paramount importance. There can be no assurance that the investment objective will be realized. Mr. Aniruddha Naha (w.e.f. 27th June 2013) The primary objective of the is to seek and generate capital appreciation from a portfolio that is invested in equity and equity related securities of the companies. The fund will invest in either growth stocks or value stocks or both without any capitalization bias. as and when the fund manager is of the view that the investment has met its desired objective, the same shall be liquidated and distributed by way of dividend. however there can be no assurance that the investment objective of theschemewill be realized. Mr. Kenneth Andrade (Since Inception) Ideal Investment Horizon 3 Years or more 3 Years or more 3 Years or more 3 Years or more 3 Years or more 3 Years or more 3 Years or more 3 Years or more 3 Years Minimum Investment Amount ` 5,000/- and in multiples of ` 1/-thereafter.1.5% if redeemed /switched out within 18 months from the date of allotment ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 500/- and in multiples of ` 1/- thereafter. ` 10,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 5000/- and in multiples of ` 10/- thereafter. Entry Load NIL Exit Load 1.5% if redeemed/ switched out within 18 months from the date of allotment 2.00% for all investment including SIP/Micro SIP/STP of the applicable NAV if redeemed /switched out within 18 months from the date of allotment. (w.e.f April 1, 2013) 1.00% if redeemed before 365 days from the date of allotment. (w.e.f. 1 Sept 2009) 1.00% if redeemed before 365 days from the date of allotment. (w.e.f. 1 Sept 2009) 1.00% if redeemed before 365 days from the date of allotment. All subscriptions Including SIP/STP if redeemed/switched out (to any non equity scheme of IDFC Mutual Fund) within seven days (7days) from the date of allotment, exit load of 1% shall be charged. (w.e.f. 07 Nov, 2011) 1.00% if redeemed before 365 days from the date of allotment. (w.e.f. 1Sept 2009) 2.00% for all investment including SIP/Micro SIP/STP of the applicable NAV if redeemed /switched out within 18 months from the date of allotment. (w.e.f April 1, 2013) NIL Options Available Dividend Re-investment Growth, Dividend (Payout, Reinvestment and Sweep (from Equity s to Debt s only)) At Ex-Dividend NAV Growth, Dividend (Payout, Reinvestment and S w e e p ( f r o m E q u i t y s to Debt s only)) At Ex-Dividend NAV Growth, Dividend (Payout, Reinvestment and Sweep (from Equity S c h e m e s t o D e b t s only)) At Ex-Dividend NAV Growth, Dividend (Payout, Reinvestment and Sweep (from Equity S c h e m e s t o D e b t s only)) At Ex-Dividend NAV Growth, Dividend (Payout, Reinvestment and S w e e p ( f r o m E q u i t y s to Debt s only)) At Ex-Dividend NAV Growth, Dividend (Payout, Reinvestment and S w e e p ( f r o m E q u i t y s to Debt s only)) At Ex-Dividend NAV Growth, Dividend (Payout, Reinvestment and Sweep (from Equity s to Debt s only)) At Ex-Dividend NAV G r o w t h, D i v i d e n d ( Pa y o u t, Reinvestment and Sweep (from Equity s to Debt s only)) At Ex-Dividend NAV Dividend (Payout and sweep (any scheme of IDFC Mutual Fund (except IDFC Premier Equity Fund))) - SIP (Minimum Amount) ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- `500/- ` 2,000/- ` 1,000/- - SIP Frequency Monthly( Any day of Month) Monthly Monthly Monthly Monthly Monthly Monthly Monthly - SIP Dates (Monthly) Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month - Lock in 3 year Face Value ( `/Unit) ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- NAV Frequency All Business Days All Business Days All Business Days All Business Days All Business Days All Business Days All Business Days All Business Days All Business days CNX Nifty Index & Crisil Balanced Fund Index S&P BSE 200 CNX Nifty CNX Nifty CNX Infrastructure Index (w.e.f. 07 Dec, 2011) CNX Nifty S&P BSE 500 CNX Midcap S&P BSE 500 Index 56

56 Fund Snapshot IDFC Equity Opportunity - Series 2 IDFC Equity Opportunity - Series 3 IDFC Tax Advantage (ELSS) Fund (IDFC-TA(ELSS) IDFC Tax Saver (ELSS) Fund (IDFC-TS(ELSS) IDFC Arbitrage Fund (IDFC-AF) IDFC Arbitrage Plus Fund (IDFC - APF) IDFC Asset Allocation Fund - Conservative (IDFC-AAF-CP) IDFC Asset Allocation Fund - Moderate (IDFC-AAF-MP) IDFC Asset Allocation Fund - Aggressive (IDFC-AAF-AP) Nature of the Inception Date Close Ended Equity scheme January 31, 2014 Close Ended Equity scheme February 28, 2014 Open ended Equity Linked Saving with lock in period of 3 years December 26, year closed ended Equity Linked Saving March 15, 2007 Open - Ended Equity Fund December 21, 2006 Open - Ended Equity Fund June 9, 2008 Open - Ended Fund of Funds February 11, 2010 Open - Ended Fund of Funds February 11, 2010 Open - Ended Fund of Funds February 11, 2010 Investment Objective Fund Manager The primary investment objective of the is to seek to generate capital appreciation from a portfolio that is invested in equity and equity related securities of Indian and foreign companies. The Fund will invest in either growth stocks or value stocks or both without any capitalization bias. As and when the fund manager is of the view that the investment has met its desired objective, the same shall be liquidated and distributed by way of dividend. However, there can be no assurance that the investment objective of the will be realized Ms. Punam Sharma The primary investment objective of the is to seek to generate capital appreciation from a portfolio that is invested in equity and equity related securities of Indian and foreign companies. The Fund will invest in either growth stocks or value stocks or both without any capitalization bias. As and when the fund manager is of the view that the investment has met its desired objective, the same shall be liquidated and distributed by way of dividend. However, there can be no a s s u r a n c e t h a t t h e investment objective of the will be realized. Mr. Ankur Arora The investment objective of the is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective will be realised. Mr. Aniruddha Naha (w.e.f. 11 May, 2013) The investment objective of the is to seek to generate long term capital growth from a d i v e r s i f i e d p o r t f o l i o o f predominantly equity and equity related instruments. There can be no assurance that the investment objective will be realised. Mr. Aniruddha Naha (w.e.f. 11 May, 2013) The investment objective of the is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized. Mr. Yogik Pitti (w.e.f. 27th June 2013) The investment objective of the is to generate income (absolute to low volatility returns) by taking advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities a v a i l a b l e w i t h i n t h e derivative segment, by using other derivative based strategies and by investing the balance in debtand money market instruments. However there is no assurance that the investment objective of the scheme will be realized. Mr. Yogik Pitti (w.e.f. 27th June 2013) The primary objective of is to generate capital appreciation through investment in different Mutual Funds schemes primarily local funds based on a defined asset allocation model. However, there can be no assurance that the investment objective of the scheme will be realized. Ms.Punam Sharma (w.e.f. 3 Oct, 2011) The primary objective of is to The primary objective of is to generate capital appreciation generate capital appreciation through investment in different through investment in different Mutual Funds schemes primarily Mutual Funds schemes primarily local funds based on a defined asset local funds based on a defined asset allocation model. However, there can allocation model. However, there can be no assurance that the investment be no assurance that the investment objective will be objective will be realized. realized. Ms.Punam Sharma (w.e.f. 3 Oct, 2011) Ms.Punam Sharma (w.e.f. 3 Oct, 2011) Ideal Investment Horizon 3 Years 21 Months 3 Years or more 3 Years or more 1 Year or more 1 Year or more 2 Years or more 2 Years or more 2 Years or more Minimum Investment Amount ` 5,000/- and multiples of `10/- ` 5,000/- and in multiples of ` 1/- thereafter. ` 500/- and in multiples of ` 500/- thereafter. ` 500/- and in multiples of ` 500/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- ` 5,000/- and in multiples of ` 1/- thereafter. thereafter. Entry Load Not applicable Not applicable Exit Load Options Available Dividend Re-investment Dividend - Dividend - Growth, Dividend (Payout, Reinvestment and Sweep (from Equity s to Debt s only)) At Ex-Dividend NAV (w.e.f. 4 Sep,2009) Growth, Dividend (Payout, Reinvestment and Sweep (from Equity s to Debt s only)) At Ex-Dividend NAV 0.25% for 3 months (w.e.f. 8 April, 2013) Growth, Dividend (Payout, Reinvestment and Sweep (from Equity s to Debt s only) At Ex-Dividend NAV 0.50% for 6 months (w.e.f. 8 April, 2013) Growth, Dividend (Payout, Reinvestment and Sweep (from Equity S c h e m e s t o D e b t s only)) At Ex-Dividend NAV 1.50% if redeemed before 18 months from the date of allotment. Growth, Dividend At Ex-Dividend NAV 1.50% if redeemed before 18 months from the date of allotment. Growth, Dividend At Ex-Dividend NAV 1.50% if redeemed before 18 months from the date of allotment. Growth, Dividend At Ex-Dividend NAV SIP (Minimum Amount) - - ` 500/- NA ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- SIP Frequency NA NA Monthly NA Monthly Monthly Monthly Monthly Monthly SIP Dates (Monthly) NA NA Any day of Month NA Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Lock in 3 years 21 months 3 Years 3 Years Face Value ( `/Unit) ` 10/- each ` 10/- each ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- NAV Frequency Daily Daily All Business Days All Business Days All Business Days All Business Days All Business Days All Business Days All Business Days S&P BSE 500 Index S&P BSE 500 Index S&P BSE 200 S&P BSE 200 Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil MIP Blended Index Crisil MIP Blended Index Crisil Balanced Fund Index 57

57 Fund Snapshot IDFC Monthly Income (IDFC-MIP) IDFC Cash Fund IDFC Money Manager Fund - Treasury IDFC Money Manager Fund - Investment IDFC Super Saver Income Fund - Short Term IDFC Super Saver Income Fund - Medium Term IDFC Super Saver Income Fund - Investment Nature of the Open - Ended Debt Fund Open - Ended Liquid Fund Open - Ended Income Fund Open - Ended Income Fund Open - Ended Income Fund Open - Ended Income Fund Open - Ended Income Fund Inception Date February 25, 2010 July 2, 2001 February 18, 2003 August 9, 2004 December 14, 2000 July 8, 2003 July 14, 2000 Investment Objective The primary objective of is to generate regular returns through investment primarily in debt securities. The secondary objective of the is to generate long-term capital appreciation by investing a portion of the 's assets in equity securities. Monthly Income is not assumed and the same is subject to availability of distributable surplus. IDFC - CF is an open-ended liquid fund with an objective to generate optimal returns with high liquidity by investing in high quality money market and debt instruments. However, there can be no assurance that the investment objectives will be realized. Seek to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments. However, there can be no assurance that the investment objectives will be realized. Seek to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized. The primary investment objective of the scheme is to seek to generate stable returns with a low-risk strategy by creating a portfolio that is invested in good quality fixed income & Money Market securities. However, there can be no assurance that the investment objectives will be realized. The primary investment objective of the scheme is to seek to generate stable returns with a low-risk strategy by creating a portfolio that is invested in good quality fixed income & Money Market securities. However, there can be no assurance that the investment objectives will be realized. The primary investment objective of the scheme is to seek to generate stable returns with a low-risk strategy by creating a portfolio that is invested in good quality fixed income & Money Market securities. However, there can be no assurance that the investment objectives will be realized. Fund Manager Ms. Punam Sharma & Mr. Anupam Joshi (w.e.f. 20th October 2014) Mr. Anupam Joshi Mr. Anupam Joshi Mr. Anupam Joshi Mr. Suyash Choudhary Mr. Anupam Joshi Mr. Suyash Choudhary Ideal Investment Horizon 1 Year or more 1 Week or more 15 Days or more 6 Months or more 9 Months or more 3 Years or more 3 Years or more Minimum Investment Amount ` 5,000/- and in multiples of ` 1/- ` 5,000/- and in multiples of ` 1/- thereafter. thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/-thereafter. ` thereafter. 5,000/- and in multiples of ` 1/- ` 5,000/- and in multiples of ` 1/- thereafter. ` 5,000/- and in multiples of ` 1/- thereafter. Entry Load Exit Load 1% of the NAV shall be applicable to investors who redeem/switch out of such investments within one year (365 Days) from the date of subscription applying First in First Out basis, (including allotment through SIP/STP). Exit Load for all investment including SIP/Micro SIP/STP shall be 0.25% of the applicable NAV if redeemed / switched out within One Month from the date of allotment. (w.e.f March 01, 2011) 0.50% for all investment including SIP/Micro SIP/STP of the applicable NAV if redeemed /switched out within 1 month from the date of allotment. (w.e.f 22 Apr, 2013) From the date of allotment if redeemed / switched out any time: Upto 1 Year 1%, Above 1 Year and upto 2 Years %, Above 2 Years and upto 3 Years 0.50% (w.e.f. Oct 01, 2014) A: 1.00% if redeemed before 365 days from the date of allotment. Options Available Growth, Dividend-Quarterly & Regular Growth, Dividend- Daily, Weekly, Monthly & ic. Growth, Dividend- Daily, Weekly, Monthly & ic. Growth, Dividend-Daily, Weekly, Monthly, Quarterly, Annually & ic. Growth, Dividend-Fortnightly, Monthly & ic. Growth, Dividend- Daily, Fortnightly, Monthly, Bi Monthly, Quarterly & ic. Growth, Dividend- Quarterly, Half Yearly, Annually & ic. Dividend Re-investment At Ex-Dividend NAV At Ex-Dividend NAV At Ex-Dividend NAV At Ex-Dividend NAV At Ex-Dividend NAV At Ex-Dividend NAV At Ex-Dividend NAV SIP (Minimum Amount) ` 1,000/- A: ` 1,000/- ` 1,000/- A: ` 1,000/- A: ` 1,000/- A: ` 1,000/- A: ` 1,000/- SIP Frequency Monthly Monthly Monthly Monthly Monthly Monthly Monthly SIP Dates (Monthly) Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Lock in Face Value ( `/Unit) ` 10/- ` 1000/- (w.e.f. 05 Nov, 2011) ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- NAV Frequency All Business Days Daily All Business Days All Business Days All Business Days All Business Days All Business Days Crisil MIP Blended Index Crisil Liquid Fund Index NSE MIBOR Index NSE MIBOR Index CRISIL Short Term Bond Fund Index CRISIL Short Term Bond Fund Index CRISIL Composite Bond Fund Index 58

58 Fund Snapshot IDFC Dynamic Bond Fund IDFC Government Securities Fund - Investment IDFC Government Securities Fund - Provident Fund IDFC Government Securities Fund - Short Term IDFC Ultra short Term Fund IDFC All Seasons Bond Fund IDFC Banking Debt Fund Nature of the Open - Ended Income Fund Open - Ended Dedicated Gilt Fund Open Ended - Dedicated Gilt Fund Open - Ended Dedicated Gilt Fund Open - Ended Income Fund Open - Ended Fund of Funds Open - Ended Income Fund Inception Date June 25, 2002 March 9, 2002 March 29, 2004 March 9, 2002 January 17, 2006 September 13, 2004 March 07, 2013 Investment Objective Seek to generate optimal returns with high liquidity by active management of the portfolio; by investing in high quality money market & debt instruments. However there can be no assurance that the investment objectives of the will be realized. IDFC GSF -IP is an open ended dedicated gilt scheme with an objective to generate optimal returns with high liquidity by investing Government Securities. However there is no assurance that the investment objective will be realized. Seek to generate optimal returns with high liquidity by investing in Government Securities. However there is no assurance that the investment objective of the scheme will be realized. IDFC GSF -ST is an open ended dedicated gilt scheme with an objective to generate optimal returns with high liquidity by investing Government Securities. However there is no assurance that the investment objective will be realized. To offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy. The scheme will have a portfolio that is invested in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. There can be no assurance that the investment objective will be realized. Seek to generate optimal returns with high liquidity by active management of t h e p o r t f o l i o b y i n v e s t i n g predominantly in debt oriented mutual fund schemesand money market instruments. However, there can be no assurance that the investment objectives of the will be realized The primary objective is to seek to generate stable returns with a low risk strategy by creating a portfolio that is invested in debt & money market instrument issued by schedule commercial banks. However, there can be no assurance or guarantee that the objective realized Fund Manager Mr. Suyash Choudhary Mr. Suyash Choudhary (w.e.f. 15 Oct 2010) Mr. Suyash Choudhary (w.e.f. 15 Oct 2010) Mr. Suyash Choudhary (w.e.f. 15 Oct 2010) Mr. Anupam Joshi Mr. Suyash Choudhary (w.e.f. 15 Oct 2010) Mr. Harshal Joshi (w.e.f. 1 August, 2014) Ideal Investment Horizon 3 Years or more 3 Years or more 3 Years or more 9 Months or more 15 Days or more 12 Months or more 3 Years or more Minimum Investment Amount ` 5,000/- and in multiples of ` 1/- thereafter. ` thereafter. 5,000/- and in multiples of ` 1/- ` 5,000/- and in multiples of ` 1/- thereafter. ` thereafter. 5,000/- and in multiples of ` 1/- ` 5,000/- and in multiples of ` 1/- ` 5,000/- and in multiples of ` 1/- thereafter. thereafter. ` 5,000 /- and in multiple of Re. 1/- thereafter Entry Load Exit Load 0.50% of the applicable NAV if redeemed / switched out within 3 months from the date of allotment (w.e.f. 01 July 2012) (w.e.f. 15 Jul 2011) 1.00% if redeemed before 365 days from the date of allotment. (w.e.f. 24 Aug 2009) (w.e.f. 29-Jun-2012) 0.50% if redeemed or switched before 3 months (w.e.f. 09 Oct 2013) All Investment including SIP/Micro SIP/STP/FOF if redeemed/ switched out within 7 days from the date of allotment 0.15%. No Exit Loads / CDSC will be chargeable in case of switches made between different options of the. Options Available Quarterly, Half Yearly, Annually & ic. Growth, Dividend - Quarterly, Half Yearly Annually & ic. Growth, Dividend-Quarterly, Annually & ic. Growth, Dividend-Weekly, Monthly, Quarterly & ic. Growth, Dividend- Daily, Weekly, Monthly, Quarterly & ic. Growth, Dividend Daily, Weekly, Fortnightly, Quarterly, Half Yearly, Annually & ic. Growth, Dividend Daily, Fortnightly, Monthly, Quarterly & ic. Dividend Re-investment At Ex-Dividend NAV At Ex-Dividend NAV At Ex-Dividend NAV At Ex-Dividend NAV - At Ex-Dividend NAV At ex-dividend NAV SIP (Minimum Amount) ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- ` 1000/- SIP Frequency Monthly Monthly Monthly Monthly Monthly Monthly Monthly SIP Dates (Monthly) Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Any day of Month Lock in NIL Face Value ( `/Unit) ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- ` 10/- NAV Frequency All Business Days All Business Days All Business Days All Business Days All Business Days All Business Days All Business Days CRISIL Composite Bond Fund Index ISEC Composite Index ISEC Composite Index ISEC Composite Index Crisil Liquid Fund Index CRISIL Composite Bond Fund Index Crisil Short Term Bond Fund Index 59

59 Minimum Thresholds The Board of Directors of IDFC AMC Trustee Company Ltd. (Trustee of IDFC Mutual Fund) has approved the revision of the minimum investment / redemption amount for the open-ended schemes of IDFC Mutual Fund as under effective January 13, 2014 (Monday): Transaction Type Current Amount Revised Amount Additional Purchase `1 IDFC Tax Advantage (ELSS) Fund - `500 and in multiples of `500 thereafter; IDFC Nifty Fund - `500 and any amount thereafter; Other schemes `1,000 and any amount thereafter. Switches `1 IDFC Tax Advantage (ELSS) Fund (being the switch-in scheme) - `500 and in multiples of `500 thereafter;idfc Nifty Fund (being the switch-in scheme) - `500 and any amount thereafter; Other schemes (being the switch-in scheme) `1,000 and any amount thereafter Systematic Transaction (amount per instalment) IDFC Premier Equity Fund - `1,000; Other schemes - `500 IDFC Premier Equity Fund (being the destination scheme) - `2,000 and any amount thereafter; IDFC Tax Advantage (ELSS) Fund (being the destination scheme) - `500 and any amount in multiples of `500 thereafter; IDFC Nifty Fund (being the destination scheme) - `500 and any amount thereafter; Other schemes (being the destination scheme) - `1,000 and any amount thereafter. Redemption `1 ` and any amount thereafter. If the balance in the Folio / Account available for redemption is less than the minimum amount prescribed above, the entire balance available for redemption will be redeemed. All the other terms & conditions of the Information Document of the respective remain unchanged. Have listed a few examples for clarity. 1. Revise the minimum permissible Additional Purchase Amount to `1,000/- (in multiples of `1/-) with the exception of ELSS & Nifty schemes where the minimum amounts are fixed at `500/- E.g.: Additional purchase for `900/- in say IDFC Classic Equity Fund would be rejected. Additional purchase for `900/- in say IDFC TAF / IDFC Nifty Fund would be processed. 2. Revise the minimum permissible Redemption Amount to `500/- (in multiples of `0.01/-). For folios with balances lower than `500/- the redemption would be processed for All Units E.g.: Balance in IDFC CEF is `499/-, a redemption request for `500/- would be processed for All Units i.e.: `499/- by default. 3. Revise the min permissible Switch Amount to `1,000/- (in multiples of `0.01 with the exception of ELSS and FMP / FTP's where the switches are in multiples of `500/- and `10/- respectively) E.g.: Balance in IDFC CEF is `999/-, a switch request for `500/- into IDFC Cash Fund would be rejected (trxn for amount less than `1,000/- and does not meet the min investment threshold for Cash Fund). 4. Revise the min transaction amount for STP to `1,000/- (as it is mentioned as `500/- in the SID) for all funds, with the exception of STP's into TAF and Nifty where the minimum permissible STP amount would remain at `500/-. 5. For PEF the minimum STP amount to be changed to `2,000/- in line with the SIP minimum amount. 60

60 Fund Manager Details Fund Manager Name: Mr. Kenneth Andrade Managed: IDFC Premier Equity Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Sep 28, 2005 (Since Inception) % 12.48% 13.24% 61,879 28,867 30,657 Sep 30, 2013 To Sep 30, % 44.92% 38.87% Sep 28, 2012 To Sep 30, % -2.59% 0.56% NA Sep 30, 2011 To Sep 28, % 12.85% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # S&P BSE 500 ##CNX Nifty Managed: IDFC Premier Equity Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 17.74% 18.18% 15,485 13,297 13,384 Sep 30, 2013 To Sep 30, % 44.92% 38.87% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # S&P BSE 500 ##CNX Nifty Managed: IDFC Equity Opportunity - Series 1 Fund Performance The scheme has only Dividend - Payout option. Dividend Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Apr 15, 2013 (Since Inception) % 29.45% 27.78% 13,871 14,579 14,304 Sep 30, 2013 To Sep 30, % 44.92% 38.87% NA Managed: IDFC Equity Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jun 09, 2006 (Since Inception) % 13.08% 12.76% 23,235 27,788 27,145 Sep 30, 2013 To Sep 30, % 38.87% 37.41% Sep 28, 2012 To Sep 30, % 0.56% 3.29% NA Sep 30, 2011 To Sep 28, % 15.38% 14.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Nifty ##S&P BSE Sensex Managed: IDFC Equity Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 18.18% 19.27% 13,624 13,384 13,600 Sep 30, 2013 To Sep 30, % 38.87% 37.41% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Nifty ##S&P BSE Sensex Managed: IDFC Equity Opportunity - Series 1 Direct Dividend Option (NAV as on Sep 30, 2014 ` per Unit): Fund Performance The scheme has only Dividend - Payout option. # ^ # ## Apr 15, 2013 (Since Inception) % 29.45% 27.78% 14,047 14,579 14,304 Sep 30, 2013 To Sep 30, % 44.92% 38.87% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # S&P BSE 500 ##CNX Nifty Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # S&P BSE 500 ##CNX Nifty Fund Manager Name: Mr. Ankur Arora Managed: IDFC Classic Equity Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Aug 09, 2005 (Since Inception) % 13.91% 14.44% 28,212 32,930 34,350 Sep 30, 2013 To Sep 30, % 42.50% 38.87% Sep 28, 2012 To Sep 30, % -1.11% 0.56% NA Sep 30, 2011 To Sep 28, % 13.77% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future #S&P BSE 200 ##CNX Nifty Managed: IDFC Classic Equity Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 17.72% 18.18% 12,500 13,293 13,384 Sep 30, 2013 To Sep 30, % 42.50% 38.87% NA Managed: IDFC Imperial Equity Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Mar 16, 2006 (Since Inception) % 11.15% 11.04% 25,760 24,685 24,479 Sep 30, 2013 To Sep 30, % 38.87% 37.41% Sep 28, 2012 To Sep 30, % 0.56% 3.29% NA Sep 30, 2011 To Sep 28, % 15.38% 14.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Nifty ##S&P BSE Sensex Managed: IDFC Imperial Equity Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 18.18% 19.27% 13,023 13,384 13,600 Sep 30, 2013 To Sep 30, % 38.87% 37.41% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future #S&P BSE 200 ##CNX Nifty Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Nifty ##S&P BSE Sensex Fund Manager Name: Mr. Yogik Pitti Managed: IDFC Arbitrage Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # Dec 21, 2006 (Since Inception) % 7.56% 9.85% 17,596 17,628 20,777 Sep 30, 2013 To Sep 30, % 9.49% 38.87% Sep 28, 2012 To Sep 30, % 8.59% 0.56% NA Sep 30, 2011 To Sep 28, % 8.65% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Liquid Fund Index ##CNX Nifty ## Managed: IDFC Arbitrage Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 17, 2013 (Since Inception) % 9.22% 17.66% 11,675 11,619 13,189 Sep 30, 2013 To Sep 30, % 9.49% 38.87% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Liquid Fund Index ##CNX Nifty 61

61 Fund Manager Details Managed: IDFC Arbitrage Plus Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jun 09, 2008 (Since Inception) % 7.58% 9.46% 15,530 15,856 17,696 Sep 30, 2013 To Sep 30, % 9.49% 38.87% Sep 28, 2012 To Sep 30, % 8.59% 0.56% NA Sep 30, 2011 To Sep 28, % 8.65% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Liquid Fund Index ##CNX Nifty Managed: IDFC Arbitrage Plus Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Dec 31, 2013 (Since Inception) % 9.38% 36.70% 10,644 10,694 12,635 Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Liquid Fund Index ##CNX Nifty Fund Manager Name: Mr. Aniruddha Naha Managed: IDFC Sterling Equity Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Mar 07, 2008 (Since Inception) % 8.95% 8.11% 32,116 17,563 16,692 Sep 30, 2013 To Sep 30, % 63.17% 38.87% Sep 28, 2012 To Sep 30, % % 0.56% NA Sep 30, 2011 To Sep 28, % 10.52% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Midcap ##CNX Nifty Managed: IDFC Tax Advantage (ELSS) Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Dec 26, 2008 (Since Inception) % 20.39% 19.46% 33,898 29,142 27,876 Sep 30, 2013 To Sep 30, % 42.50% 38.87% Sep 28, 2012 To Sep 30, % -1.11% 0.56% NA Sep 30, 2011 To Sep 28, % 13.77% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future #S&P BSE 200 ##CNX Nifty Managed: IDFC Sterling Equity Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 17.62% 18.18% 14,893 13,273 13,384 Sep 30, 2013 To Sep 30, % 63.17% 38.87% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CNX Midcap ##CNX Nifty Managed: IDFC Tax Advantage (ELSS) Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 17.72% 18.18% 15,352 13,293 13,384 Sep 30, 2013 To Sep 30, % 42.50% 38.87% NA Greater than 1 year returns are Compounded Annualised Returns.^ Past performance may or may not be sustained in future #S&P BSE 200 ##CNX Nifty Fund Manager Name: Mr. Anupam Joshi Managed: IDFC Money Manager Fund Treasury # A Growth Option (NAV as on Sep 30, 2014 ` per Unit): Managed: IDFC Money Manager Fund Investment A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Feb 18, 2003 (Since Inception) % 6.04% 5.57% 21,005 19,764 18,782 Sep 30, 2013 To Sep 30, % 5.68% 8.35% Sep 28, 2012 To Sep 30, % 5.49% 5.70% NA Sep 29, 2011 To Sep 28, % 8.41% 8.14% # ^ # ## Aug 09, 2004 (Since Inception) % 6.21% 5.65% 20,713 18,426 17,475 Sep 30, 2013 To Sep 30, % 5.68% 8.35% Sep 28, 2012 To Sep 30, % 5.49% 5.70% NA Sep 29, 2011 To Sep 28, % 8.41% 8.14% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future #NSE Mibor Index ##1 Year T-Bill Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # NSE Mibor Index ##1 Year T-Bill Managed: IDFC Money Manager Fund Treasury Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 5.63% 6.89% 11,683 11,003 11,233 Sep 30, 2013 To Sep 30, % 5.68% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future #NSE Mibor Index ##1 Year T-Bill Managed: IDFC Money Manager Fund Investment Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 5.63% 6.89% 11,620 11,003 11,233 Sep 30, 2013 To Sep 30, % 5.68% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # NSE Mibor Index ##1 Year T-Bill 62

62 Fund Manager Details Managed: IDFC Super Saver Income Fund Medium Term Managed: IDFC Super Saver Income Fund Medium Term Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # Jul 08, 2003 (Since Inception) % 6.86% 5.55% 22,209 21,069 18,344 Sep 30, 2013 To Sep 30, % 10.12% 8.35% Sep 28, 2012 To Sep 30, % 7.78% 5.70% NA Sep 29, 2011 To Sep 28, % 9.21% 8.14% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## # CRISIL Short-Term Bond Fund Index ##1 Year T-Bill ^ # ## Jan 01, 2013 (Since Inception) % 9.02% 6.89% 11,447 11,627 11,233 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA Managed: IDFC Ultra Short Term Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 17, 2006 (Since Inception) % 7.39% 5.88% 18,697 18,598 16,444 Sep 30, 2013 To Sep 30, % 9.49% 8.35% Sep 28, 2012 To Sep 30, % 8.59% 5.70% NA Sep 29, 2011 To Sep 28, % 8.67% 8.14% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # Crisil Liquid Fund Index ##1 Year T-Bill Managed: IDFC Ultra Short Term Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 9.19% 6.89% 11,732 11,657 11,233 Sep 30, 2013 To Sep 30, % 9.49% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Short-Term Bond Fund Index ##1 Year T-Bill Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # Crisil Liquid Fund Index ##1 Year T-Bill Managed: IDFC Cash Fund Fund Manager Name: Mr. Suyash Choudhary Managed: IDFC Super Saver Income Fund Short Term Managed: IDFC Super Saver Income Fund Short Term Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): Jun 04, 2008 (Since Inception) % 7.57% 6.02% 16,282 15,863 14,477 Sep 30, 2013 To Sep 30, % 9.49% 8.35% Sep 30, 2012 To Sep 30, % 8.54% 5.65% NA Sep 30, 2011 To Sep 30, % 8.69% 8.16% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # Crisil Liquid Fund Index ##1 Year T-Bill Fund Manager Name: Mr. Harshal Joshi Managed: IDFC Banking Debt Fund # # # # A Growth Option (NAV as on per Unit): Sep 30, 2014 ` ^ # ## A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Mar 07, 2013 (Since Inception) % 9.18% 6.73% 11,460 11,475 11,075 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future ##CRISIL Short-Term Bond Fund Index ##1 Year T-Bill A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Dec 14, 2000 (Since Inception) % NA 6.08% 27,148 NA 22,575 Sep 30, 2013 To Sep 30, % 10.12% 8.35% Sep 28, 2012 To Sep 30, % 7.78% 5.70% NA Sep 29, 2011 To Sep 28, % 9.21% 8.14% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Short-Term Bond Fund Index ##1 Year T-Bill ^ # ## Jan 01, 2013 (Since Inception) % 9.02% 6.89% 11,673 11,627 11,233 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Short-Term Bond Fund Index ##1 Year T-Bill Managed: IDFC Cash Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # Crisil Liquid Fund Index ##1 Year T-Bill Managed: IDFC Dynamic Bond Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): Managed: IDFC Dynamic Bond Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # # # ^ # ## Jan 01, 2013 (Since Inception) % 9.19% 6.89% 11,664 11,657 11,233 Sep 30, 2013 To Sep 30, % 9.49% 8.35% NA Managed: IDFC Banking Debt Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Mar 07, 2013 (Since Inception) % 9.18% 6.73% 11,480 11,475 11,075 Sep 30, 2013 To Sep 30, % 10.12% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future ##CRISIL Short-Term Bond Fund Index ##1 Year T-Bill ^ # ## Dec 03, 2008 (Since Inception) % 7.34% 4.02% 15,260 15,112 12,580 Sep 30, 2013 To Sep 30, % 11.61% 6.85% Sep 28, 2012 To Sep 30, % 3.49% 2.45% NA Sep 29, 2011 To Sep 28, % 9.53% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Composite Bond Fund Index ##10 Year GOI ^ # ## Jan 01, 2013 (Since Inception) % 7.18% 3.47% 11,353 11,287 10,613 Sep 30, 2013 To Sep 30, % 11.61% 6.85% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Composite Bond Fund Index ##10 Year GOI 63

63 Fund Manager Details Managed: IDFC Super Saver Income Fund Investment Managed: IDFC Super Saver Income Fund Investment Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): Managed: IDFC All Seasons Bond Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): # # ^ # ## Jan 01, 2013 (Since Inception) % 7.18% 3.47% 11,302 11,287 10,613 Sep 30, 2013 To Sep 30, % 11.61% 6.85% NA Fund Manager Name: Mr. Suyash Choudhary Managed: IDFC Government Securities Fund Provident Fund Managed: IDFC Government Securities Fund Provident Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # # A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # I-Sec Composite Index ##10 Year GOI ^ # ## Jan 01, 2013 (Since Inception) % 7.28% 3.47% 11,521 11,305 10,613 Sep 30, 2013 To Sep 30, % 11.12% 6.85% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # I-Sec Composite Index ##10 Year GOI ^ # ## Sep 13, 2004 (Since Inception) % 6.26% 4.92% 20,522 18,402 16,209 Sep 30, 2013 To Sep 30, % 11.61% 6.85% Sep 28, 2012 To Sep 30, % 3.49% 2.45% NA Sep 29, 2011 To Sep 28, % 9.53% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # Crisil Composite Bond Fund Index ##10 Year GOI # # A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Jul 14, 2000 (Since Inception) % NA NA 30,789 NA NA Sep 30, 2013 To Sep 30, % 11.61% 6.85% Sep 28, 2012 To Sep 30, % 3.49% 2.45% NA Sep 29, 2011 To Sep 28, % 9.53% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Composite Bond Fund Index ##10 Year GOI Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Composite Bond Fund Index ##10 Year GOI Mar 29, 2004 (Since Inception) % 6.74% 4.40% 21,519 19,854 15,733 Sep 30, 2013 To Sep 30, % 11.12% 6.85% Sep 28, 2012 To Sep 30, % 4.97% 2.45% NA Sep 29, 2011 To Sep 28, % 10.07% 8.03% Fund Manager Name: Mr. Rajendra Mishra Managed: IDFC Infrastructure Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Mar 08, 2011 (Since Inception) % 1.21% 10.82% 10,543 10,439 14,427 Sep 30, 2013 To Sep 30, % 41.45% 38.87% Sep 28, 2012 To Sep 30, % % 0.56% NA Sep 30, 2011 To Sep 28, % -2.43% 15.38% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future #CNX Infra ##CNX Nifty Managed: IDFC Government Securities Fund - Short Term Managed: IDFC Government Securities Fund - Investment Dec 03, 2008 (Since Inception) % NA 4.02% 14,938 NA 12,580 Sep 30, 2013 To Sep 30, % 11.12% 6.85% Sep 28, 2012 To Sep 30, % 4.97% 2.45% NA Sep 29, 2011 To Sep 28, % 10.07% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # I-Sec Composite Index ##10 Year GOI Managed: IDFC Government Securities Fund - Investment Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 7.28% 3.47% 11,479 11,305 10,613 Sep 30, 2013 To Sep 30, % 11.12% 6.85% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # I-Sec Composite Index ##10 Year GOI Managed: IDFC All Seasons Bond Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Feb 22, 2013 (Since Inception) % 6.97% 2.27% 11,555 11,140 10,366 Sep 30, 2013 To Sep 30, % 11.61% 6.85% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # Crisil Composite Bond Fund Index ##10 Year GOI Managed: IDFC Infrastructure Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # # # A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Mar 09, 2002 (Since Inception) % NA 5.62% 18,768 NA 19,894 Sep 30, 2013 To Sep 30, % 11.12% 8.35% Sep 28, 2012 To Sep 30, % 4.97% 5.70% NA Sep 29, 2011 To Sep 28, % 10.07% 8.14% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # I-Sec Composite Index ## 1 Year T-Bill Managed: IDFC Government Securities Fund - Short Term Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 7.28% 6.89% 11,946 11,305 11,233 Sep 30, 2013 To Sep 30, % 11.12% 8.35% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # I-Sec Composite Index ## 1 Year T-Bill A Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## ^ # ## Jan 01, 2013 (Since Inception) % 8.61% 18.18% 12,019 11,550 13,384 Sep 30, 2013 To Sep 30, % 41.45% 38.87% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future #CNX Infra ##CNX Nifty 64

64 Fund Manager Details Fund Manager Name: Ms. Punam Sharma & Mr. Anupam Joshi (w.e.f. 20th October 2014) Managed: IDFC Monthly Income A Growth Option (NAV as on June 30, 2014 ` per Unit): Fund Manager Name: Ms. Punam Sharma Managed: IDFC Asset Allocation Fund - Moderate Managed: IDFC Asset Allocation Fund - Conservative # # Growth Option ( NAV as on Sep 30, 2014 ` per Unit) ^ # ## Feb 11, 2010 (Since Inception) % 8.06% 4.97% 15,771 14,322 12,523 Sep 30, 2013 To Sep 30, % 15.45% 6.85% Sep 28, 2012 To Sep 30, % 3.22% 2.45% NA Sep 29, 2011 To Sep 28, % 10.38% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL MIP Blended Index ##10 Year GOI Managed: IDFC Asset Allocation Fund - Aggressive # Growth Option ( NAV as on Sep 30, 2014 ` per Unit) ^ # ## Feb 11, 2010 (Since Inception) % 10.28% 4.97% 16,289 15,742 12,523 Sep 30, 2013 To Sep 30, % 28.89% 6.85% Sep 28, 2012 To Sep 30, % 1.87% 2.45% NA Sep 29, 2011 To Sep 28, % 12.66% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Balanced Fund Index ##10 Year GOI Managed: IDFC Nifty Fund A Growth Option (NAV as on Sep 30, 2014 ` per Unit): Apr 30, 2010 (Since Inception) % 9.75% 9.88% 15,854 15,091 15,167 Sep 30, 2013 To Sep 30, % 38.87% 37.41% Sep 28, 2012 To Sep 30, % 0.56% 3.29% NA Sep 30, 2011 To Sep 28, % 15.38% 14.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future Growth Option (NAV as on Sep 30, 2014 ` per Unit): ^ # ## Feb 11, 2010 (Since Inception) % 8.06% 4.97% 14,844 14,322 12,523 Sep 30, 2013 To Sep 30, % 15.45% 6.85% Sep 28, 2012 To Sep 30, % 3.22% 2.45% NA Sep 29, 2011 To Sep 28, % 10.38% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL MIP Blended Index ##10 Year GOI Managed: IDFC Asset Allocation Fund - Conservative Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # # # ^ # ## Feb 25, 2010 (Since Inception) % 8.06% 4.89% 15,223 14,280 12,455 Sep 30, 2013 To Sep 30, % 15.45% 6.85% Sep 28, 2012 To Sep 30, % 3.22% 2.45% NA Sep 29, 2011 To Sep 28, % 10.38% 8.03% Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL MIP Blended Index ##10 Year GOI ^ # ## # CNX Nifty ## BSE Sensex ^ # ## Apr 02, 2013 (Since Inception) % 9.67% 2.68% 11,810 11,480 10,404 Sep 30, 2013 To Sep 30, % 15.45% 6.85% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL MIP Blended Index ##10 Year GOI Managed: IDFC Monthly Income Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): Managed: IDFC Asset Allocation Fund - Moderate Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL MIP Blended Index ##10 Year GOI Managed: IDFC Nifty Fund Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # # ^ # ## Feb 26, 2013 (Since Inception) % 9.36% 2.30% 12,173 11,531 10,368 Sep 30, 2013 To Sep 30, % 15.45% 6.85% NA Managed: IDFC Asset Allocation Fund - Aggressive Option: Direct Growth (NAV as on Sep 30, 2014 ` per Unit): # ^ # ## Jan 01, 2013 (Since Inception) % 14.50% 3.47% 12,307 12,666 10,613 Sep 30, 2013 To Sep 30, % 28.89% 6.85% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL Balanced Fund Index ##10 Year GOI ^ # ## Jan 01, 2013 (Since Inception) % 18.18% 19.27% 13,610 13,384 13,600 Sep 30, 2013 To Sep 30, % 38.87% 37.41% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future Total Experience of Fund Managers Name # ^ # ## Jan 01, 2013 (Since Inception) % 8.92% 3.47% 11,937 11,608 10,613 Sep 30, 2013 To Sep 30, % 15.45% 6.85% NA Greater than 1 year returns are Compounded Annualised Returns. ^ Past performance may or may not be sustained in future # CRISIL MIP Blended Index ##10 Year GOI # CNX Nifty ## BSE Sensex Years Mr. Kenneth Andrade 22+ Ms. Punam Sharma 15+ Mr. Ankur Arora 9+ Mr. Rajendra Kumar Mishra 12+ Mr. Aniruddha Naha 17+ Mr. Suyash Choudhary 14+ Mr. Anupam Joshi 13+ Mr. Harshal Joshi 7+ Mr. Yogik Pitti 7+ 65

65 Dividend History Last 3 Gross Dividends ( `/unit) : IDFC Equity Fund Date Dividend NAV 18 Mar Mar Mar IDFC Imperial Equity Fund Date Dividend NAV 29-Jan-14 B Jan 13 B Jan 12 B Jan Jan Jan May Direct 29-Jan IDFC Sterling Equity Fund Date Dividend NAV 29-Apr Apr Apr Direct 29-Apr Apr IDFC Premier Equity Fund Date Dividend NAV 25 Mar 14 B Mar 13 B Mar 12 B Mar Mar Mar Apr Direct 25-Mar Mar IDFC Classic Equity Fund Date Dividend NAV 25 Feb 13 B Feb 11 B Feb Feb Feb Oct Aug Direct 25-Feb IDFC Equity Opportunity Series-1 Date Dividend NAV 20-Oct Aug Mar Direct 20-Oct Aug Mar IDFC Equity Opportunity Series-2 Date Dividend NAV 12-Aug Direct 12-Aug IDFC Arbitrage Fund Date Dividend NAV 27-Oct-14 A Sep-14 A Aug-14 A Oct-14 B Sep-14 B Aug-14 B Direct 27-Oct-14 A Sep-14 A Aug-14 A IDFC Arbitrage Plus Fund Date Dividend NAV 27-Oct-14 A Sep-14 A Aug-14 A Oct-14 B Sep-14 B Aug-14 B Direct 27-Oct-14 A Sep-14 A Aug-14 A IDFC Cash Fund Date NAV Freq Dividend 30-Oct Monthly Sep Monthly Aug Monthly Sep ic Dec ic Sep ic A 12-Sep ic Dec ic Oct Monthly Sep Monthly Aug Monthly Direct 30-Oct Monthly Sep Monthly Aug Monthly Sep ic IDFC Dynamic Bond Fund Date NAV Freq Dividend A 19-Sep Quarterly Jun Quarterly May Quarterly Mar Annually Sep Jun May Sep Quarterly Sep Annually Mar Annually Mar Annually Sep Half Yearly Direct 28-May May Quarterly Mar Quarterly Sep Annually Mar Annually Sep Half Yearly After the payment of the dividend, the per unit NAV fails to the extent of the payout & statutory levy, if any. Net dividend received by the investor shall be subject to applicable dividend distribution tax. Face Value of all above schemes (excluding IDFC Cash Fund) is `10/- per unit. Face value of IDFC Cash Fund is `1000/- per unit. Past performance may or may not be sustained in future IDFC Money Manager Fund - Treasury Date NAV Freq Dividend A 30-Oct Monthly Sep Monthly Aug Monthly B 30-Jul Monthly Jun Monthly May Monthly C 21-Mar Monthly Feb Monthly Jan Monthly Direct 30-Oct Monthly Sep Monthly Aug Monthly IDFC Money Manager Fund - Investment Date NAV Freq Dividend A 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly Sep Annually Mar Annually Mar Annually B 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly Sep Annually Direct 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly Sep ic IDFC Asset Allocation Fund - Aggressive Date NAV Dividend 27-Oct Sep Aug Direct 27-Aug Jul Jun IDFC Asset Allocation Fund - Moderate Date NAV Dividend 27-Oct Sep Aug IDFC Asset Allocation Fund - Conservative Date NAV Dividend 27-Oct Sep Aug Direct 27-Oct Sep Aug IDFC Super Saver Income Fund - Investment Date NAV Freq Dividend A 19-Sep Quarterly Jun Quarterly May Quarterly Sep Half Yearly Mar Half Yearly Sep Half Yearly Mar Annually B 28-May Mar Dec C 12-Sep May Mar Direct 19-Sep Quarterly Jun Quarterly May Quarterly Sep Annually IDFC Tax Advantage Fund Date Dividend NAV 17-Feb Mar Jan Direct 17-Feb Mar IDFC Super Saver Income Fund - Short Term Date NAV Freq Dividend A 30-Oct Monthly Sep Monthly Aug Monthly B 30-Oct Monthly Sep Monthly Aug Monthly C 21-Mar Monthly Feb Monthly Jan Monthly D 30-Nov Monthly Sep Monthly Aug Monthly Direct 30-Oct Monthly Sep Monthly Aug Monthly F 12-Sep IDFC All Seasons Bond Fund Date NAV Freq Dividend 19-Sep Half Yearly Mar Half Yearly Sep Half Yearly Sep Quarterly Jun Quarterly Mar Quarterly Direct 19-Sep Quarterly Jun Quarterly

66 Dividend History IDFC Ultra Short Term Fund Date NAV Freq Dividend 30-Oct Monthly Sep Monthly Aug Monthly Sep ic May ic Jan ic Sep Quarterly Jun Quarterly Mar Quarterly Direct 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly Sep ic IDFC Government Securities Fund - Provident Fund Date NAV Freq Dividend A 19-Sep Quarterly Jun Quarterly May Quarterly Sep Yearly Mar Yearly Mar Yearly B 19-Sep Quarterly Jun Quarterly May Quarterly Direct 29-Sep Annually Mar Annually Mar Annually Sep Quarterly Jun Quarterly May Quarterly IDFC Government Securities Fund Investment Date NAV Freq Dividend A 19-Sep Half Yearly Mar Half Yearly Sep Half Yearly Mar Quarterly Dec Quarterly Sep Quarterly Jun Quarterly Sep Annually Sep Direct 19-Sep Half Yearly Mar Half Yearly Sep Half Yearly Sep Quarterly Jun Quarterly May Quarterly Sep IDFC Government Securities Fund - Short Term Date NAV Freq Dividend A 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly Direct 21-Mar Monthly Feb Monthly Jan Monthly After the payment of the dividend, the per unit NAV fails to the extent of the payout & statutory levy, if any. Net dividend received by the investor shall be subject to applicable dividend distribution tax. IDFC Monthly Income Date NAV Freq Dividend 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly Direct 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly IDFC Super Saver Income Fund - Medium Term Date NAV Freq Dividend A 30-Oct Monthly Sep Monthly Aug Monthly Sep BiMonthly Jul BiMonthly May BiMonthly Sep Quarterly Jun Quarterly Mar Quarterly B 30-May Monthly Apr Monthly Mar Monthly Mar Annually Sep Quarterly Mar Quarterly May Quarterly Sep F 12-Sep Mar May Direct 24-Mar Monthly Feb Monthly Jan Monthly Sep BiMonthly Jul BiMonthly May BiMonthly Sep Quarterly Jun Quarterly Mar Quarterly IDFC Banking Debt Fund Date NAV Freq Dividend 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Mar Quarterly Sep Annually Sep Direct 30-Oct Monthly Sep Monthly Aug Monthly Sep Quarterly Jun Quarterly Sep Note: Risk may be represented as: (BLUE) investors understand that their principal will be at low risk ICRA Credit Risk Rating IDFC Money Manager Fund - Treasury : Credit Risk Rating AAA mfs - The Fund carries the lowest credit risk, similar to that associated with long-term debt obligations rated in the highest-credit-quality category. IDFC Money Manager Fund Investment : Credit Risk Rating AAAmfs - The Fund carries the lowest credit risk, similar to that associated with long-term debt obligations rated in the highest-credit-quality category. IDFC Cash Fund: Credit Risk Rating A1+ mfs - The highest-credit-quality short-term rating assigned by ICRA to debt funds. Debt funds rated in this category carry the lowest credit risk in the short term and are similar to that of fixed income obligations of highest-credit-quality category with maturity of upto one year. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. IDFC Super Saver Income Fund - Short Term : Credit Risk Rating AAAmfs - The Fund carries the lowest credit risk, similar to that associated with long-term debt obligations rated in the highest-credit-quality category. Source: ICRA Ltd. CRISIL Credit Quality Rating IDFC Super Saver Income Fund - Investment : CRISIL AAA mfs s with this rating are considered to have the highest degree of safety regarding timely receipt of payments from the investments that they have made. The rating of CRISIL is not an opinion on the Asset Management Company's willingness or ability to make timely payments to the investor. The rating is also not an opinion on the stability of the NAV of the Fund, which could vary with market developments. IDFC Dynamic Bond Fund: CRISIL AAA mfs - s with this rating are considered to have the highest degree of safety regarding timely receipt of payments from the investments that they have made. The rating of CRISIL is not an opinion on the Asset Management Company's willingness or ability to make timely payments to the investor. The rating is also not an opinion on the stability of the NAV of the Fund, which could vary with market developments. CRISIL Credit Quality Rating Methodology CRISIL's credit quality ratings are based on the analysis of the credit risk of securities held by the fund. CRISIL has developed a Credit Quality Matrix to evaluate fund's overall level of protection against losses associated with credit default. The matrix is a set of credit factors and credit scores derived scientifically from CRISIL's rating default and transition rates. (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk 67

67 Now, invest on the go with m-transact. The SMS facility, with which you can invest in just two simple steps in all the Openended schemes. A confirmation SMS and letter will be sent to the investor confirming activation of the services. Post which you can start using the services under the facility through SMS. To invest, SMS INV space <amount> space <scheme code> to To redeem SMS RED space <amount> space <scheme code> to To Register for SIP, SMS* SIP space <amount> space <scheme code> to *Applicable only after successful registration for purchases under SMS transact. addendums

68 IDFC AMC Offices WEST Ahmedabad : B Wing, 3rd Floor, Chandan House Opp Gruh Finance, Mithakhali Six Roads, Law Garden, Tel.: /925 Ahmedabad Bhopal : Plot No. 49, First Floor, Above Tata Capital Limited, M P Nagar, Zone II, Bhopal [M.P.] Goa : F -27 & F -28, 1st Floor, Alfran Plaza, M.G Road, Opp. Don Bosco High School, Panjim - Goa , Tel.: Indore : 405, 4th Floor, 21/ 1, D. M. Tower, Race Course Road, Indore Tel.: / Fax: Mumbai : One IndiaBulls Centre 6th Floor, Jupiter Mills Compound, 841, Senapati Bapat Marg, Elphinstone (W) Mumbai Tel No Mumbai (Churchgate) : 2nd Floor,Ramon House, H.T Parekh Marg, 169,Backbay reclamation, Opp.Aakash wani, Churchgate Tel.: Nagpur : Fortune Business Centre, First Floor, 6, VasantVihar, W. H. C. Rd., Shankar Nagar, Nagpur Tel.: / Nasik : Shop No - 6, Rajvee Enclave, New Pandit Colony, Off Sharanpur Road, Nasik Tel.: Mobile: Pune : 1st Floor, Dr. Herekar Park Building, Next to Kamala Nehru Park, Off. Bhandarkar Road, Pune Tel.: / 4. Raipur : , 2nd Floor, Lalganga Shopping Mall, G. E. Road, Raipur Tel.: Rajkot : Star Plaza, 2nd Floor, Office No. 201, Phulchab Chowk, Rajkot Tel.: Surat : U 15/16, Jolly Plaza, Athvagate, Surat Tel.: , Vadodara : 301, 2nd Floor, Earth Complex, Opposite Vaccine Ground, Above Indian Overseas Bank, Old Padra Road, Vadodara Tel No.: / / NORTH Agra : 9/4, Shanker Point Ground Floor, Near Income Tax Building, Sanjay Place, Agra Tel.: Amritsar : 6-FUF, 4th Floor Central Mall, Mall Road, Amritsar Tel.: Chandigarh : SCO , 1st Floor, Sector 22, Chandigarh Tel.: / , Fax: Dehradun : 76/45, Saket, Lane No. 2, Rajpur Road, Dehradun Tel.: Mobile: Jaipur : G-7, G-8, Anukampa Towers, Church Road, Jaipur Tel.: , & , Fax: Jalandhar : 1st floor, Satnam Complex, BMC Chowk, G.T.Road, Jalandhar Punjab-India. Tel.: Kanpur : Office No , IInd Floor, KAN Chambers, 14/113, Civil Lines, Kanpur Tel.: , Lucknow : 1st floor, Aryan Business Park, Exchange Cottage, 90.M.G. Marg, Park Road, Lucknow , Mob: , Tel.: Ludhiana : SCO 122, 2nd Floor, Feroze Gandhi Market, Ludhiana Tel.: New Delhi : 4th Floor, NarainManzil, 23, Barakhamba Road, New Delhi Tel.: / 02/ 03/ 04/ 05. Varanasi : 3rd Floor, Kuber Complex, Rathyatra Varanasi Tel.: , SOUTH Bangalore : 6th Floor, East Wing, Raheja Towers, #26 & 27, M. G. Road, Bangalore Tel.: / 505/ 506/ 507 & 508. Chennai : KRM Tower, 8th floor, No. 1, Harrington Road, Chetpet, Chennai Tel.: / 202. Cochin : 39/3993 B2, Gr. Floor, Vantage Point, VRM Rd, Ravipuram, Cochin Tel: / , Fax: Coimbatore : Red Rose Plaza, 509 H, II Floor, D. B. Road, R. S. Puram, Coimbatore Tel.: , Hyderabad : /7/C/2/S2, 2nd Floor, Amit Plaza, Somajiguda, Hyderabad Tel. No. : /47 Fax: Madurai : No.278, 1st Floor, Nadar Lane, North Perumal Maistry Street, Madurai Tel.: Mangalore : Aravinda Kumar, Raj Business Centre, 4th Floor, Raj Towers, Balmatta Road, Manglore Tel. : Trivandrum : T.C.2/3262(6), 1st Floor, RS Complex, Opposite LIC Building, Pattom P O, Trivandrum Tel. : Visakhapatnam : Visakha Executive Centre, /5, Eswar Arcade, Dwarakanagar,1st Lane, Visakhapatnam , Tel.: investormf@idfc.com. EAST Bhubaneswar : Shop No. 208, 2nd Floor, Janpath Tower, Ashok Nagar, Bhubaneswar Tel. : , Mobile No. : Guwahati : 4E, 4th Floor, Ganapati Enclave, G. S. Road, Ulubari, Opp. Bora Service Station, Guwahati Mobile: , , , Jamshedpur : IDFC Mutual Fund, Room No.111, 1st Floor, Yashkamal Complex, Main Road, Bistupur, Jamshedpur , Ph No /111/222, Mobile No. : Kolkata : Oswal Chambers, 1st Floor, 2 Church Lane, Kolkata Tel.: / Patna : 406, Ashiana Hariniwas, New Dakbanglow Road, Patna Tel.: Ranchi: 306, Shrilok Complex, 4 H B Road, Ranchi Phone : /