InveSTAR. Fact Sheet. January Trademark used under licence from respective owners.

Transcription

1 InveSTAR January 2019 Fact Sheet

2 MONTHLY REORT JANUARY 2019 From the Desk of Chief Investment Officer OVERVIEW OF MARKET Nifty was flat during the month on the back of easing of trade tensions, benign CI inflation and in line Q3 corporate earnings. The Union Budget struck a balance of addressing Farm distress, Consumption & Fiscal rudence. Among the sectors, IT, Energy and Banks outperformed while Auto, Metals and Infra underperformed the Nifty during the month. FIIs were net sellers to the tune of about Rs 33bn, while domestic mutual funds bought around Rs 75bn of equity during the month. The Index of Industrial roduction growth moderated to 0.5% in November compared to 8.4% in October. CI inflation was stable at 2.2% in December against 2.3% in November. WI inflation came in at 3.8% in December as against 4.6% in November. The Bond yields rose during the month of January The old 10 year benchmark G-Sec (7.17% GOI 2028) closed 11bp higher at 7.48% against 7.37% last month. FUND ERFORMANCE For 3 years period ending January 2019, majority of and Growth funds delivered annualised returns of around 10-12%. Balanced and Bond funds delivered about 7-10% for the said period. Fund wise performance is detailed in the following sheets. FIXED INCOME MARKET OUTLOOK Headline inflation print substantially below medium term target opens up the possibility of rate cut by RBI in the near future. Though system liquidity remains comfortable, fixed income yield may not soften from the current level as government planning for higher market borrowing to meet its expenditure requirement. Beside domestic factors, global fixed income yield and crude price movement are also likely to impact domestic market. However, over the medium term, fixed income yield is likely to be guided by general election outcome, currency movement and FII flows. EQUITY MARKET OUTLOOK Interim Union budget FY20 provides ~Rs1tn fiscal stimuli to economy through Rs750bn farm package, Rs185bn tax rebate for individual s earnings below Rs0.5mn and Rs47bn savings in standard tax deduction. These measures should provide consumption impetus and it bodes well with our thesis of remaining heavy on consumer sector. Additionally, we are overweight IT, capital goods and corporate banks. While markets have been volatile lately, they offer reasonable valuations in select pockets. We are looking at quality businesses with supportive cash flows at reasonable valuations. With stable INR and correction in input costs, we see improving earnings trajectory in coming quarters. ick-up in rural consumer spending supported by Government stimuli, expected revival in capex driven by higher capacity utilisation, improving earnings outlook and strengthening of banks balance sheets are key long-term positives for markets. Trademark used under license from respective owners.

3 InveSTAR erformance Summary as on January Scheme Name SFIN Inception date AUM (Rs. (Rs.) Cr) 6 Month 1 Year 2 Year (A) 3 Year Since Inception (A) BM BM BM BM BM 1 Apex Fund ULIF /01/10 SUD-LA-EQ /01/ % -3.77% -1.70% -0.80% 11.67% 12.00% 12.44% 12.22% 9.10% 8.46% 2 Fund ULIF /02/09 SUD-LI-EQ /02/ % -3.77% -1.36% -0.80% 11.27% 12.00% 12.24% 12.22% 14.83% 14.15% 3 Individual ension Fund - Apex ULIF /01/10 SUD-A-EQ /01/ % -3.77% -0.62% -0.80% 12.25% 12.00% 12.68% 12.22% 9.10% 8.46% 4 Individual ension Fund - ULIF /03/09 SUD-I-EQ /03/ % -3.77% -1.09% -0.80% 11.39% 12.00% 12.06% 12.22% 13.11% 13.34% 5 Apex Growth Fund ULIF /01/10 SUD-LA-GR /01/ % -1.83% 0.28% 0.78% 9.52% 10.26% 11.36% 11.35% 9.07% 8.50% 6 Growth Fund ULIF /02/09 SUD-LI-GR /02/ % -1.83% 0.88% 0.78% 9.16% 10.26% 10.57% 11.35% 13.75% 12.90% 7 Individual ension Fund - Apex Growth ULIF /01/10 SUD-A-GR /01/ % -1.83% 1.17% 0.78% 9.89% 10.26% 11.19% 11.35% 8.83% 8.50% 8 Individual ension Fund - Growth ULIF /03/09 SUD-I-GR /03/ % -1.83% 0.58% 0.78% 9.37% 10.26% 10.10% 11.35% 11.31% 12.30% 9 Apex Balanced Fund ULIF /01/10 SUD-LA-BL /01/ % 0.03% 1.67% 2.45% 8.10% 8.73% 10.21% 10.38% 8.81% 8.44% 10 Balanced Fund ULIF /02/09 SUD-LI-BL /02/ % 1.89% 3.72% 4.07% 6.26% 7.17% 7.77% 9.34% 9.62% 9.99% 11 Individual ension Fund - Apex Balanced ULIF /01/10 SUD-A-BL /01/ % 0.03% 2.66% 2.45% 8.12% 8.73% 10.11% 10.38% 8.55% 8.44% 12 Individual ension Fund - Balanced ULIF /03/09 SUD-I-BL /03/ % 1.89% 3.51% 4.07% 6.40% 7.17% 8.55% 9.34% 9.48% 9.81% 13 Express Balanced Fund ULIF /04/11 SUD-LX-BL /04/ % 1.89% 3.12% 4.07% 6.30% 7.17% 8.24% 9.34% 8.39% 8.62% 14 Apex Bond Fund ULIF /01/10 SUD-LA-BN /01/ % 4.58% 6.55% 6.55% 4.86% 5.02% 7.43% 7.65% 7.76% 7.84% 15 Bond Fund ULIF /02/09 SUD-LI-BN /02/ % 4.58% 6.86% 6.55% 4.75% 5.02% 7.11% 7.65% 7.40% 7.57% 16 Individual ension Fund - Apex Bond ULIF /01/10 SUD-A-BN /01/ % 4.58% 6.26% 6.55% 4.55% 5.02% 7.20% 7.65% 7.46% 7.84% 17 Individual ension Fund - Bond ULIF /03/09 SUD-I-BN /03/ % 4.58% 7.36% 6.55% 4.70% 5.02% 6.94% 7.65% 7.35% 7.63% 18 Discontinued olicies Fund ULIF /06/11 SUD-UL-D /06/ % 5.04% 6.62% 7.89% 5.58% 6.78% 6.40% 7.65% 7.33% 8.12% Bluechip Fund 19 29/01/ % ULIF /12/13 SUD-LI-EQ % -0.69% -0.31% 9.77% 11.75% 11.22% 11.98% 11.03% 11.55% Growth lus Fund 20 29/01/ % -1.83% 1.08% 0.78% 8.78% 10.26% 10.44% 11.35% 10.68% 11.36% ULIF /12/13 SUD-LI-GR2 142 Balanced lus Fund 21 29/01/ % ULIF /12/13 SUD-LI-BL % 4.31% 4.07% 6.08% 7.17% 8.22% 9.34% 9.48% 10.16% Individual Life Income Fund 22 29/01/ % 4.54% 5.53% 6.61% ULIF /12/13 SUD-LI-BN % 5.14% 6.81% 7.63% 8.23% 8.88% 23 Group Fund 06/10/ % 4.58% 7.09% 6.55% 5.16% 5.02% 7.60% 7.65% 7.28% 7.39% ULGF /03/15 SUD-GN-BN1 142 Total AUM

4 Mapping of Funds and roducts (Funds representing the underlying roducts) roduct Name (UIN) Dhan Suraksha Dhan Suraksha remium rabhat Tara Dhan Suraksha Express Dhruv Tara roduct New Dhan Suraksha New Dhan Suraksha remium New rabhat Tara Dhan Suraksha 3 Dhan Suraksha remium 3 rabhat Tara 3 New Dhruv Tara Dhan Suraksha lus Wealth Builder lan SUD Life Group Retirement 142L003V01 142L004V01 142L008V01 142L028V01 142L010V01 142L018V01 142L019V01 142L020V01 142L024V01 142L025V01 142L026V01 142L021V01 142L041V01 142L042V01 142L049V01 Fund Name (SFIN) EQUITY FUND Apex Fund ULIF /01/10 SUD-LA-EQ1 142 Fund ULIF /02/09 SUD-LI-EQ1 142 Individual ension Fund - Apex ULIF /01/10 SUD-A-EQ1 142 Individual ension Fund - ULIF /03/09 SUD-I-EQ1 142 Bluechip Fund ULIF /12/13 SUD-LI-EQ2 142 GROWTH FUND Apex Growth Fund ULIF /01/10 SUD-LA-GR1 142 Growth Fund ULIF /02/09 SUD-LI-GR1 142 Individual ension Fund - Apex Growth ULIF /01/10 SUD-A-GR1 142 Individual ension Fund - Growth ULIF /03/09 SUD-I-GR1 142 Growth lus Fund ULIF /12/13 SUD-LI-GR2 142 BALANCED FUND Apex Balanced Fund ULIF /01/10 SUD-LA-BL1 142 Balanced Fund ULIF /02/09 SUD-LI-BL1 142 Individual ension Fund - Apex Balanced ULIF /01/10 SUD-A-BL1 142 Individual ension Fund - Balanced ULIF /03/09 SUD-I-BL1 142 Express Balanced Fund ULIF /04/11 SUD-LX-BL1 142 Balance lus Fund ULIF /12/13 SUD-LI-BL2 142 BOND FUND Apex Bond Fund ULIF /01/10 SUD-LA-BN1 142 Bond Fund ULIF /02/09 SUD-LI-BN1 142 Individual ension Fund - Apex Bond ULIF /01/10 SUD-A-BN1 142 Individual ension Fund - Bond ULIF /03/09 SUD-I-BN1 142 Income Fund ULIF /12/13 SUD-LI-BN2 142 GROU UNIT LINKED FUND Group Fund 22 ULGF /03/15 SUD-GN-BN1 142 DISCONTINUED FUND 23 Discontinued Life olicies Fund ULIF /06/11 SUD-UL-D1 142

5 InveSTAR Summary of number of Funds managed by Fund Managers alongwith details of, Balanced and Sr. No. TYE OF FUND NAME OF FUNDS MANAGER NO. OF FUNDS MANAGED NAME OF FUNDS AUM 1 Apex Fund Fund EQUITY FUND EQUTY - Mr. SUMIT ODDAR 5 Individual ension Fund - Apex Individual ension Fund Bluechip Fund TOTAL Apex Growth Fund Growth Fund EQUTY BALANCE FUND- Individual ension Fund - Apex Growth Mr. SUMIT ODDAR Individual ension Fund - Growth Growth lus Fund GROWTH AND EQUITY GROWTH FUND Apex Balanced Fund BALANCED FUND Mr. JAGDISH BHANUSHALI 12 Balanced Fund DEBT - Mr. RAM KAMAL SAMANTA Individual ension Fund - Apex Balanced / Mr. LAKSHMAN CHETTIAR Individual ension Fund - Balanced Express Balanced Fund Balanced lus Fund TOTAL 1, Apex Bond Fund Bond Fund Individual ension Fund - Apex Bond 4.16 DEBT - Mr. RAM KAMAL SAMANTA 20 BOND FUND 7 Individual ension Fund - Bond 3.40 / Mr. LAKSHMAN CHETTIAR 21 Individual Life Income Fund Group Fund Discontinued olicies Fund TOTAL Total Funds 23 TOTAL AUM 2,594.96

6 Jan-10 May-10 Aug-10 Nov-10 Mar-11 Jun-11 Sep-11 Jan-12 Apr-12 Aug-12 Nov-12 Feb-13 Jun-13 Sep-13 Jan-14 Apr-14 Jul-14 Nov-14 Feb-15 May-15 Sep-15 Dec-15 Apr-16 Jul-16 Oct-16 Feb-17 May-17 Sep-17 Dec-17 Mar-18 Jul-18 Oct-18 AEX EQUITY FUND -JANUARY 2019 To tap growth opportunities for long term capital appreciation through investments primarily in equity and equity-related instruments. January 20, 2010 ULIF /01/10 SUD-LA-EQ1 142 roducts: AUM : For New Dhan Suraksha, New Dhan Suraksha remium, Rs Cr New rabhat Tara, Dhan Suraksha 3, Dhan Suraksha remium 3 & rabhat Tara 3. Nifty 50 Index - 90% CRISIL Liquid Fund Index - 10% Mr. Sumit oddar ortfolio Investment attern articulars (Top 10 Holdings & >1%) 86.26% Minimum Maximum Reliance Industries Ltd 8.62% 80% 100% % HDFC Bank Ltd 8.60% 0% 20% % Infosys Technologies Ltd. 6.73% ITC Ltd. 6.11% Asset Allocation () Larsen & Toubro Limited 4.91% 13.74% ICICI Bank Ltd 4.87% Tata Consultancy Services Limited 4.18% Kotak Mahindra Bank Limited 3.24% Mahindra & Mahindra Ltd. 3.19% Housing Development Finance Corporation Ltd. 2.80% Tech Mahindra Limited 2.32% Maruti Suzuki India Limited 2.26% Hindustan Unilever Limited 2.23% Axis Bank Limited 1.88% Asian aints Ltd. 1.69% GAIL (India) Limited 1.25% Titan Company Ltd. 1.20% 86.26% Bajaj Auto Limited 1.15% etronet LNG Limited 1.15% Mphasis Ltd. 1.14% Voltas Limited 1.03% (with < 1% exposure) 15.71% erformance (Since Inception) 13.74% Computer programming, consultancy and related activities Top 10 Industry Exposure ( ) Manufacture of tobacco Manufacture of chemicals and chemical 6.11% 6.04% 4.91% 9.53% 14.37% 24.20% Manufacture of other transport equipment 4.34% Manufacture of motor vehicles, trailers and semi-trailers Manufacture of other non-metallic mineral 2.40% 2.26% 1.92% 10.18% Fund returns vis a vis Apex Fund -0.36% 3.59% -4.55% -1.70% 11.67% 12.44% 9.10% -0.19% 4.06% -3.77% -0.80% 12.00% 12.22% 8.46%

7 Feb-09 Jun-09 Oct-09 Feb-10 Jun-10 Oct-10 Feb-11 Jun-11 Oct-11 Feb-12 Jun-12 Oct-12 Feb-13 Jun-13 Oct-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18 EQUITY FUND - JANUARY 2019 Investment Objective: To tap growth opportunities for long term capital appreciation through investments primarily in equity and equity-related instruments. February 25, 2009 ULIF /02/09 SUD-LI-EQ1 142 Nifty 50 Index - 90% CRISIL Liquid Fund Index - 10% roducts : For Dhan Suraksha, Dhan Suraksha remium, rabhat Tara. AUM: Rs Cr Mr. Sumit oddar ortfolio Investment attern (Top 10 Holdings & >1%) 85.33% articulars Minimum Maximum Reliance Industries Ltd 8.78% 80% 100% % HDFC Bank Ltd 8.39% 0% 20% % Infosys Technologies Ltd. 6.82% ITC Ltd. 5.83% ICICI Bank Ltd 5.05% Asset Allocation () Larsen & Toubro Limited 4.78% 14.67% Tata Consultancy Services Limited 4.08% Kotak Mahindra Bank Limited 3.57% Housing Development Finance Corporation Ltd. 3.44% Mahindra & Mahindra Ltd. 3.22% Tech Mahindra Limited 2.30% Maruti Suzuki India Limited 2.30% Hindustan Unilever Limited 2.18% Asian aints Ltd. 1.66% GAIL (India) Limited 1.23% Axis Bank Limited 1.23% 85.33% Mphasis Ltd. 1.17% Titan Company Ltd. 1.15% Bajaj Auto Limited 1.15% etronet LNG Limited 1.10% (with < 1% exposure) 15.92% 14.67% Top 10 Industry Exposure () Computer programming, consultancy and related activities Manufacture of chemicals and chemical Manufacture of tobacco 5.98% 5.83% 9.69% 14.36% 24.04% erformance (Since Inception) 4.78% Manufacture of other transport equipment 4.37% Manufacture of motor vehicles, trailers and semitrailers Manufacture of other non-metallic mineral 2.33% 2.30% 1.93% 9.73% Fund returns vis a vis Fund -0.41% 3.40% -4.40% -1.36% 11.27% 12.24% 14.83% -0.19% 4.06% -3.77% -0.80% 12.00% 12.22% 14.15%

8 Jan-10 Apr-10 Aug-10 Nov-10 Feb-11 May-11 Aug-11 Nov-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Nov-14 Feb-15 May-15 Aug-15 Nov-15 Feb-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 individual ension FUND AEX EQUITY - JANUARY 2019 To seek consistent long term capital appreciation through investments primarily in equity and equity-related instruments by focusing predominantly on well established companies. January 20, 2010 ULIF /01/10 SUD-A-EQ1 142 Nifty 50 Index - 90% CRISIL Liquid Fund Index - 10% roducts : AUM : For New Dhruv Tara roducts Rs Cr Mr. Sumit oddar ortfolio Investment attern articulars (Top 10 Holdings & >1%) 85.48% Minimum Maximum Reliance Industries Ltd 8.75% 80% 100% % HDFC Bank Ltd 8.43% 0% 20% % Infosys Technologies Ltd. 6.79% ITC Ltd. 5.73% Asset Allocation () ICICI Bank Ltd 4.95% Larsen & Toubro Limited 4.92% 14.52% Tata Consultancy Services Limited 4.08% Kotak Mahindra Bank Limited 3.50% Mahindra & Mahindra Ltd. 3.22% Housing Development Finance Corporation Ltd. 2.78% Tech Mahindra Limited 2.30% Maruti Suzuki India Limited 2.30% Hindustan Unilever Limited 2.18% Asian aints Ltd. 1.84% Axis Bank Limited 1.52% 85.48% Bajaj Finance Ltd. 1.35% GAIL (India) Limited 1.23% Bajaj Auto Limited 1.14% Titan Company Ltd. 1.13% Mphasis Ltd. 1.08% etronet LNG Limited 1.08% (with < 1% exposure) 15.19% erformance (Since Inception) 14.52% Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of chemicals and chemical 6.15% 9.66% 14.24% 24.16% Manufacture of tobacco Manufacture of other transport equipment 5.73% 4.92% 4.36% % Manufacture of motor vehicles, trailers and semi-trailers Manufacture of other non-metallic mineral 2.30% 1.93% 9.73% Fund returns vis a vis Individual ension Fund - Apex -0.34% 3.62% -4.13% -0.62% 12.25% 12.68% 9.10% -0.19% 4.06% -3.77% -0.80% 12.00% 12.22% 8.46%

9 Apr-09 Jul-09 Nov-09 Feb-10 Jun-10 Sep-10 Jan-11 Apr-11 Aug-11 Nov-11 Mar-12 Jul-12 Oct-12 Feb-13 May-13 Sep-13 Dec-13 Apr-14 Jul-14 Nov-14 Mar-15 Jun-15 Oct-15 Jan-16 May-16 Aug-16 Dec-16 Mar-17 Jul-17 Oct-17 Feb-18 Jun-18 Sep-18 Individual pension FUND EQUITY - JANUARY 2019 To seek consistent long term capital appreciation through investments primarily in equity and equity-related instruments by focusing predominantly on well established companies. March 31, 2009 ULIF /03/09 SUD-I-EQ1 142 Nifty 50 Index - 90% CRISIL Liquid Fund Index - 10% roducts : AUM : For Dhruv Tara roducts Rs Cr Mr. Sumit oddar ortfolio Investment attern articulars (Top 10 Holdings & >1%) 85.07% Minimum Maximum Reliance Industries Ltd 8.68% 80% 100% % HDFC Bank Ltd 8.52% 0% 20% % Infosys Technologies Ltd. 6.79% ITC Ltd. 5.87% Asset Allocation () ICICI Bank Ltd 5.02% 14.93% Larsen & Toubro Limited 4.87% Kotak Mahindra Bank Limited 4.28% Tata Consultancy Services Limited 4.09% Mahindra & Mahindra Ltd. 3.20% Tech Mahindra Limited 2.31% Maruti Suzuki India Limited 2.28% Housing Development Finance Corporation Ltd. 2.28% Hindustan Unilever Limited 2.22% Asian aints Ltd. 1.67% Axis Bank Limited 1.53% GAIL (India) Limited 1.24% 85.07% Titan Company Ltd. 1.17% Bajaj Auto Limited 1.14% etronet LNG Limited 1.11% Mphasis Ltd. 1.09% Bajaj Finserv Ltd. 1.04% (with < 1% exposure) 14.69% 14.93% Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of chemicals and chemical 6.00% 9.59% 14.27% 23.93% erformance (Since Inception) Manufacture of tobacco 5.87% 4.87% Manufacture of other transport equipment 4.34% Manufacture of motor vehicles, trailers and semitrailers 2.35% 2.28% Manufacture of other non-metallic mineral 1.91% 9.65% Fund returns vis a vis Individual ension Fund % 3.46% -4.23% -1.09% 11.39% 12.06% 13.11% -0.19% 4.06% -3.77% -0.80% 12.00% 12.22% 13.34%

10 Jan-14 May-14 Aug-14 Nov-14 Mar-15 Jun-15 Sep-15 Dec-15 Apr-16 Jul-16 Oct-16 Feb-17 May-17 Aug-17 Nov-17 Mar-18 Jun-18 Sep-18 Individual BLUE CHI EQUITY - JANUARY 2019 The fund seeks to achieve long term capital appreciation by investing predominantly in equity and equity related securities. January 29, 2014 ULIF /12/13 SUD-LI-EQ2 142 roducts : For Dhan Suraksha lus & Wealth Builder lan AUM : Rs Cr Nifty 50 Index - 85% CRISIL Liquid Fund Index - 15% Mr. Sumit oddar ortfolio Investment attern articulars (Top 10 Holdings & >1%) 82.64% Minimum Maximum Reliance Industries Ltd 8.74% 70% 100% % HDFC Bank Ltd 7.91% 0% 30% % Infosys Technologies Ltd. 6.47% ITC Ltd. 5.86% Asset Allocation () ICICI Bank Ltd 4.84% 17.36% Larsen & Toubro Limited 4.33% Tata Consultancy Services Limited 3.79% Mahindra & Mahindra Ltd. 3.34% Kotak Mahindra Bank Limited 3.06% Housing Development Finance Corporation Ltd. 2.65% Maruti Suzuki India Limited 2.31% Tech Mahindra Limited 2.25% Hindustan Unilever Limited 2.25% Axis Bank Limited 1.80% 82.64% Asian aints Ltd. 1.58% Bajaj Finance Ltd. 1.44% Mphasis Ltd. 1.17% GAIL (India) Limited 1.14% Bajaj Auto Limited 1.10% (with < 1% exposure) 16.62% erformance (Since Inception) 17.36% Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of chemicals and chemical 5.94% 9.64% 13.68% 23.84% Manufacture of tobacco 5.86% Manufacture of other transport equipment 4.44% 4.33% Manufacture of motor vehicles, trailers and semitrailers 2.31% 2.05% Manufacture of other non-metallic mineral 1.93% 8.63% Fund returns vis a vis Bluechip Fund -0.61% 3.16% -4.87% -0.69% 9.77% 11.22% 11.03% -0.15% 3.95% -3.34% -0.31% 11.75% 11.98% 11.55%

11 Jan-10 Jul-10 Dec-10 May-11 Nov-11 Apr-12 Sep-12 Mar-13 Aug-13 Feb-14 Jul-14 Dec-14 Jun-15 Nov-15 May-16 Oct-16 Mar-17 Sep-17 Feb-18 Aug-18 AEX GROWTH FUND - JANUARY 2019 To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. January 20, 2010 ULIF /01/10 SUD-LA-GR1 142 Nifty 50 Index - 70% CRISIL Composite Bond Index - 30% roducts : AUM : For New Dhan Suraksha, New Dhan Suraksha remium, New rabhat Tara, Dhan Suraksha 3, Dhan Suraksha Rs Cr Mr. Jagdish Bhanushali ortfolio Investment attern (Top 10 Holdings & >1%) 68.96% articulars Minimum Maximum HDFC Bank Ltd 9.07% 55% 85% % Reliance Industries Ltd 6.19%, 15% 45% % Infosys Technologies Ltd. 4.99% ITC Ltd. 4.35% Asset Allocation () 3.70% Larsen & Toubro Limited 3.89% 27.34% ICICI Bank Ltd 3.84% Tata Consultancy Services Limited 3.28% Housing Development Finance Corporation Ltd. 2.94% Kotak Mahindra Bank Limited 2.66% Mahindra & Mahindra Ltd. 2.32% Axis Bank Limited 1.84% Tech Mahindra Limited 1.83% Hindustan Unilever Limited 1.77% 68.96% Maruti Suzuki India Limited 1.60% Asian aints Ltd. 1.34% (with < 1% exposure) 17.05% Rating rofile (% of ) D 2.27% 33.24% 27.34% & SDL (Top 10 Holdings) 13.66% 07.37% GOI-16-Apr % 6.84% GOI- 19-Dec % 7.35% GOI - 22-Jun % % GOI - 02-Aug % 8.24% GOI - 15-Feb % 6.97% GOI- 06-Sep % 0.00% Corporate Bonds (Top 10 Holdings) 13.67% LIC HOUSING FINANCE LTD 2.25% UNITED HOSHORUS LTD. 1.67% SIKKA ORTS & TERMINALS LIMITED 1.60% DEWAN HOUSING FINANCE COR. LTD. 1.56% STEEL AUTHORITY OF INDIA LTD. 1.26% REC LIMITED 1.05% M & M FINANCIAL SERVICES LTD. 1.03% HDFC LTD. 0.92% RELIANCE INDUSTRIES LTD 0.73% IL & FS LTD. 0.62% 0.98% 49.99% Maturity rofile ( % of ) 26.22% 49.84% AA- 4.62% AA+ 9.88% Modified Duration yrs 3.70% 17.84% Top 10 Industry Exposure ( ) 24.39% 6.10% Computer programming, consultancy and related activities 10.93% < 1 year 1-3 years 3-5 years 5-10 years 7.60% Manufacture of chemicals and chemical 6.36% 4.97% erformance (Since Inception) 4.72% % Manufacture of tobacco 4.35% Manufacture of other transport equipment 3.18% Manufacture of Basic Metals 2.35% % Fund returns vis a vis Apex Growth Fund -0.06% 4.10% -2.63% 0.28% 9.52% 11.36% 9.07% -0.14% 4.14% -1.83% 0.78% 10.26% 11.35% 8.50%

12 Feb-09 Jun-09 Oct-09 Feb-10 Jun-10 Oct-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Dec-12 Apr-13 Aug-13 Dec-13 Apr-14 Aug-14 Dec-14 Mar-15 Jul-15 Nov-15 Mar-16 Jul-16 Nov-16 Feb-17 Jun-17 Oct-17 Feb-18 Jun-18 Oct-18 GROWTH FUND - JANUARY 2019 To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. February 25, 2009 ULIF /02/09 SUD-LI-GR1 142 Nifty 50 Index - 70% CRISIL Composite Bond Index - 30% roducts : For Dhan Suraksha, Dhan Suraksha remium, rabhat Tara & Dhan Suraksha Express AUM: Rs Cr Mr. Jagdish Bhanushali ortfolio Investment attern (Top 10 Holdings & >1%) 67.92% articulars Minimum Maximum HDFC Bank Ltd 8.93% 40% 100% % Reliance Industries Ltd 6.19%, 0% 60% % Infosys Technologies Ltd. 4.96% ITC Ltd. 4.08% ICICI Bank Ltd 3.87% Larsen & Toubro Limited 3.74% Kotak Mahindra Bank Limited 3.29% Tata Consultancy Services Limited 3.20% Housing Development Finance Corporation Ltd. 2.91% Mahindra & Mahindra Ltd. 2.34% Hindustan Unilever Limited 1.81% Tech Mahindra Limited 1.80% Axis Bank Limited 1.75% Maruti Suzuki India Limited 1.59% Asian aints Ltd. 1.32% (with < 1% exposure) 16.14% 29.89% & SDL (Top 10 Holdings) 21.13% 07.37% GOI-16-Apr % 6.84% GOI- 19-Dec % 7.35% GOI - 22-Jun % 7.72% GOI- 25-May % 8.40% GOI 28 Jul % 8.24% GOI - 15-Feb % 0.00% Corporate Bonds (Top 10 Holdings) 8.76% SIKKA ORTS & TERMINALS LIMITED 2.41% STEEL AUTHORITY OF INDIA LTD. 2.31% THE GREAT EASTERN SHIING CO. LTD. 1.16% DEWAN HOUSING FINANCE COR. LTD. 1.09% HDFC LTD. 1.04% RELIANCE INDUSTRIES LTD 0.42% OWER GRID CORORATION OF INDIA LTD 0.33% 0.00% Asset Allocation () 67.92% 70.68% Maturity rofile ( % of ) 19.99% 2.18% Rating rofile (% of ) 50.33% 17.70% AA+ 3.88% 29.89% AA- 7.74% Modified Duration yrs 25.11% 2.18% 4.58% < 1 year 1-3 years 3-5 years 5-10 years Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of chemicals and chemical Manufacture of tobacco Manufacture of Basic Metals Manufacture of other transport equipment 4.70% 4.18% 4.08% 3.74% 3.51% 3.20% 2.13% 7.28% 10.72% 22.96% erformance (Since Inception) 10.19% Fund returns vis a vis Growth Fund -0.25% 4.21% -1.86% 0.88% 9.16% 10.57% 13.75% -0.14% 4.14% -1.83% 0.78% 10.26% 11.35% 12.90%

13 Jan-10 May-10 Aug-10 Dec-10 Apr-11 Jul-11 Nov-11 Feb-12 Jun-12 Sep-12 Jan-13 May-13 Aug-13 Dec-13 Mar-14 Jul-14 Oct-14 Feb-15 Jun-15 Sep-15 Jan-16 Apr-16 Aug-16 Dec-16 Mar-17 Jul-17 Oct-17 Feb-18 May-18 Sep-18 individual ension FUND AEX Growth - JANUARY 2019 To seek consistent growth over medium to long term by focusing predominantly on well established companies through investments primarily in equity and equity-related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. January 20, 2010 ULIF /01/10 SUD-A-GR1 142 Nifty 50 Index - 70% CRISIL Composite Bond Index - 30% roducts : AUM : For New Dhruv Tara roducts Rs Cr Mr. Jagdish Bhanushali ortfolio Investment attern (Top 10 Holdings & >1%) 68.02% articulars Minimum Maximum AUM (Rs. In Cr) Actual HDFC Bank Ltd 8.74% 55% 85% % Reliance Industries Ltd 6.25%, 15% 45% % Infosys Technologies Ltd. 4.99% ITC Ltd. 4.35% ICICI Bank Ltd 3.79% Larsen & Toubro Limited 3.60% Kotak Mahindra Bank Limited 3.15% Tata Consultancy Services Limited 3.15% Housing Development Finance Corporation Ltd. 2.70% Mahindra & Mahindra Ltd. 2.34% Tech Mahindra Limited 1.78% Axis Bank Limited 1.71% Maruti Suzuki India Limited 1.63% Hindustan Unilever Limited 1.62% Bajaj Finance Ltd. 1.52% Asian aints Ltd. 1.29% (with < 1% exposure) 15.43% 27.19% & SDL (Top 10 Holdings) 14.99% 7.35% GOI - 22-Jun % 7.72% GOI- 25-May % 9.15% GOI - 14-Nov % % GOI - 02-Aug % 07.37% GOI-16-Apr % 6.97% GOI- 06-Sep % 0.00% Corporate Bonds (Top 10 Holdings) 12.20% SIKKA ORTS & TERMINALS LIMITED 5.26% LIC HOUSING FINANCE LTD 3.80% STEEL AUTHORITY OF INDIA LTD. 3.14% 0.00% 68.02% 55.14% Maturity rofile ( % of ) 44.86% 4.79% Rating rofile (% of ) 33.33% 8.25% Asset Allocation () AA % 46.89% 27.19% Modified Duration yrs 4.79% 1-3 years 3-5 years 5-10 years Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities 6.93% 10.72% 23.27% erformance (Since Inception) Manufacture of chemicals and chemical Manufacture of tobacco 4.49% 4.35% 6.87% Manufacture of Basic Metals 4.04% % Manufacture of other transport equipment 3.60% 3.18% % Fund returns vis a vis Individual ension Fund - Apex Growth -0.08% 4.16% -1.76% 1.17% 9.89% 11.19% 8.83% -0.14% 4.14% -1.83% 0.78% 10.26% 11.35% 8.50%

14 Mar-09 Jul-09 Oct-09 Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11 Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Individual pension FUND GROWTH - JANUARY 2019 To seek consistent growth over medium to long term by focusing predominantly on well established companies through investments primarily in equity and equity-related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. March 31, 2009 ULIF /03/09 SUD-I-GR1 142 Nifty 50 Index - 70% CRISIL Composite Bond Index - 30% roducts : AUM : For Dhruv Tara roducts Rs Cr Mr. Jagdish Bhanushali ortfolio Investment attern articulars (Top 10 Holdings & >1%) 68.16% Minimum Maximum HDFC Bank Ltd 9.06% 40% 100% % Reliance Industries Ltd 6.26%, 0% 60% % Infosys Technologies Ltd. 5.00% ITC Ltd. 4.53% Asset Allocation () ICICI Bank Ltd 3.86% 2.18% Larsen & Toubro Limited 3.65% 29.66% Kotak Mahindra Bank Limited 3.26% Tata Consultancy Services Limited 3.19% Housing Development Finance Corporation Ltd. 2.78% Mahindra & Mahindra Ltd. 2.36% Tech Mahindra Limited 1.80% Axis Bank Limited 1.72% 68.16% Hindustan Unilever Limited 1.70% Maruti Suzuki India Limited 1.63% Asian aints Ltd. 1.30% (with < 1% exposure) 16.07% 29.66% & SDL (Top 10 Holdings) 26.40% 07.37% GOI-16-Apr % 6.84% GOI- 19-Dec % % GOI - 02-Aug % 6.97% GOI- 06-Sep % 7.72% GOI- 25-May % 7.35% GOI - 22-Jun % 0.00% Rating rofile (% of ) 0.55% AA % Corporate Bonds (Top 10 Holdings) 3.26% THE GREAT EASTERN SHIING CO. LTD. 3.09% STATE BANK OF INDIA 0.16% 0.00% 2.18% Maturity rofile ( % of ) Modified Duration yrs 89.02% 44.29% 45.28% Top 10 Industry Exposure ( ) 23.00% 10.43% Computer programming, consultancy and related activities 10.76% 6.94% < 1 year 3-5 years 5-10 years Manufacture of chemicals and chemical Manufacture of tobacco Manufacture of other transport equipment Water transport Manufacture of motor vehicles, trailers and semitrailers 4.58% 4.53% 3.65% 3.21% 3.09% 1.64% 1.63% erformance (Since Inception) 8.38% Fund returns vis a vis Individual ension Fund - Growth -0.30% 4.05% -1.97% 0.58% 9.37% 10.10% 11.31% -0.14% 4.14% -1.83% 0.78% 10.26% 11.35% 12.30%

15 Jan-14 Mar-14 May-14 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17 Oct-17 Dec-17 Feb-18 Apr-18 Jun-18 Aug-18 Oct-18 Dec-18 GROWTH plus FUND - JANUARY 2019 To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and equity related instruments and fair exposure to high credit quality portfolio of debt and money market instruments. January 29, 2014 ULIF /12/13 SUD-LI-GR2 142 Nifty 50 Index - 70% CRISIL Composite Bond Index - 30% roducts : For Dhan Suraksha lus & Wealth Builder lan AUM: Rs Cr Mr. Jagdish Bhanushali ortfolio Investment attern (Top 10 Holdings & >1%) 65.21% articulars Minimum Maximum HDFC Bank Ltd 7.06% 40% 100% % Reliance Industries Ltd 6.35% 0% 60% % Infosys Technologies Ltd. 5.00% 0% 30% % ICICI Bank Ltd 3.94% ITC Ltd. 3.38% Kotak Mahindra Bank Limited 3.36% Larsen & Toubro Limited 3.26% Tata Consultancy Services Limited 2.89% Mahindra & Mahindra Ltd. 2.39% Housing Development Finance Corporation Ltd. 2.12% Hindustan Unilever Limited 1.76% Tech Mahindra Limited 1.74% Axis Bank Limited 1.66% Maruti Suzuki India Limited 1.66% Asian aints Ltd. 1.38% Bajaj Finance Ltd. 1.15% (with < 1% exposure) 16.12% 29.50% & SDL (Top 10 Holdings) 14.71% 7.72% GOI- 25-May % 6.84% GOI- 19-Dec % 07.37% GOI-16-Apr % 7.35% GOI - 22-Jun % 8.20% GOI - 24-Sep % 6.97% GOI- 06-Sep % % GOI - 02-Aug % 8.35% Gujarat 28-Feb % 9.65% SDL - Tamil Nadu - 12-Mar % 8.83% GOI - 12-Dec % 0.59% Corporate Bonds (Top 10 Holdings) 14.79% REC LIMITED 4.68% SIKKA ORTS & TERMINALS LIMITED 2.62% LIC HOUSING FINANCE LTD 2.10% HDFC LTD. 1.69% DEWAN HOUSING FINANCE COR. LTD. 1.51% OWER GRID CORORATION OF INDIA LTD 1.08% SUNDARAM FINANCE LTD. 0.56% IL & FS LTD. 0.26% L&T HOUSING FINANCE LIMITED 0.18% LARSEN & TOUBRO LTD. 0.11% 0.00% Asset Allocation () 49.86% 23.92% 65.21% Rating rofile (% of ) Maturity rofile ( % of ) 26.42% 5.29% D 0.89% 48.33% 29.50% 49.24% Modified Duration yrs 1.34% 5.29% 1-3 years 3-5 years 5-10 years > 10 years Top 10 Industry Exposure ( ) Computer programming, consultancy and related activities Manufacture of chemicals and chemical Manufacture of tobacco Manufacture of other transport equipment 3.38% 3.37% 3.23% 5.48% 4.73% 7.03% 10.49% 10.13% 22.19% erformance (Since Inception) Manufacture of motor vehicles, trailers and semitrailers 1.66% 8.31% Fund returns vis a vis Growth lus Fund -0.18% 3.65% -2.21% 1.08% 8.78% 10.44% 10.68% -0.14% 4.14% -1.83% 0.78% 10.26% 11.35% 11.36%

16 Jan-10 May-10 Aug-10 Nov-10 Mar-11 Jun-11 Sep-11 Jan-12 Apr-12 Aug-12 Nov-12 Feb-13 Jun-13 Sep-13 Jan-14 Apr-14 Jul-14 Nov-14 Feb-15 May-15 Sep-15 Dec-15 Apr-16 Jul-16 Oct-16 Feb-17 May-17 Sep-17 Dec-17 Mar-18 Jul-18 Oct-18 AEX BALANCED FUND - JANUARY 2019 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. January 20, 2010 ULIF /01/10 SUD-LA-BL1 142 Nifty 50 Index - 50% CRISIL Composite Bond Index - 50% roducts : AUM : For New Dhan Suraksha, New Dhan Suraksha remium, New rabhat Tara, Dhan Suraksha 3, Dhan Suraksha remium 3 & rabhat Tara 3. Rs Cr Mr. Sumit oddar ortfolio Investment attern (Top 10 Holdings & >1%) 50.22% articulars Minimum Maximum HDFC Bank Ltd 7.07% 35% 65% % Reliance Industries Ltd 4.32%, 35% 65% % Infosys Technologies Ltd. 3.52% ITC Ltd. 3.06% Larsen & Toubro Limited 2.83% ICICI Bank Ltd 2.71% Housing Development Finance Corporation Ltd. 2.69% Tata Consultancy Services Limited 2.38% Kotak Mahindra Bank Limited 2.25% Mahindra & Mahindra Ltd. 1.64% Axis Bank Limited 1.31% Tech Mahindra Limited 1.31% Hindustan Unilever Limited 1.29% Maruti Suzuki India Limited 1.11% (with < 1% exposure) 12.72% 50.22% 3.01% Asset Allocation( ) 46.77% 46.77% & SDL (Top 10 Holdings) 22.31% 07.37% GOI-16-Apr % 8.29% Tamilnadu 29 Jul % 8.40% GOI 28 Jul % 8.20% GOI - 24-Sep % 8.83% GOI 25 Nov % 8.33% GOI - 09-Jul % 8.28% GOI - 21-Sep % % GOI - 02-Aug % 6.84% GOI- 19-Dec % 7.72% GOI- 25-May % 3.20% Rating rofile (% of ) D 2.97% 38.77% Corporate Bonds (Top 10 Holdings) 24.47% SIKKA ORTS & TERMINALS LIMITED 3.01% OWER GRID CORORATION OF INDIA LTD 2.95% LIC HOUSING FINANCE LTD 2.50% HDFC LTD. 2.12% UNITED HOSHORUS LTD. 2.07% M & M FINANCIAL SERVICES LTD. 2.01% SUNDARAM FINANCE LTD. 1.97% OWER FINANCE CORORATION LTD. 1.53% IL & FS LTD. 1.39% DEWAN HOUSING FINANCE COR. LTD. 1.07% 3.85% 47.69% Maturity rofile ( % of ) Modified Duration yrs 30.46% AA- 0.53% 41.13% AA % 3.01% 20.74% Top 10 Industry Exposure ( ) 22.58% 5.75% 1.92% 10.54% < 1 year 1-3 years 3-5 years 5-10 years > 10 years Computer programming, consultancy and related activities Manufacture of chemicals and chemical 7.76% 5.69% 5.44% erformance (Since Inception) 4.97% % Manufacture of tobacco 3.06% Manufacture of other transport equipment Manufacture of motor vehicles, trailers and semi-trailers 2.26% 1.11% % Fund returns vis a vis Apex Balanced Fund 0.04% 3.93% -0.54% 1.67% 8.10% 10.21% 8.81% -0.04% 4.03% 0.03% 2.45% 8.73% 10.38% 8.44%

17 Feb-09 Jun-09 Sep-09 Dec-09 Apr-10 Jul-10 Oct-10 Feb-11 May-11 Sep-11 Dec-11 Mar-12 Jul-12 Oct-12 Jan-13 May-13 Aug-13 Dec-13 Mar-14 Jun-14 Oct-14 Jan-15 May-15 Aug-15 Nov-15 Mar-16 Jun-16 Sep-16 Jan-17 Apr-17 Aug-17 Nov-17 Feb-18 Jun-18 Sep-18 BALANCED FUND - JANUARY 2019 To aim for stable returns over medium to long term through investments in high quality fixed income and money market instruments and enhance returns through a fair exposure to equity investments. February 18, 2009 ULIF /02/09 SUD-LI-BL1 142 Nifty 50 Index - 30% CRISIL Composite Bond Index - 70% roducts : AUM : For Dhan Suraksha, Dhan Suraksha remium, rabhat Tara. Rs Cr Mr. Sumit oddar ortfolio Investment attern (Top 10 Holdings & >1%) 28.86% articulars AUM (Rs. In Cr) Actual Minimum Maximum HDFC Bank Ltd 3.40% 0% 60% % Reliance Industries Ltd 2.68%, 40% 100% % Infosys Technologies Ltd. 2.14% ITC Ltd. 1.85% ICICI Bank Ltd 1.67% Larsen & Toubro Limited 1.55% Tata Consultancy Services Limited 1.34% Kotak Mahindra Bank Limited 1.16% Housing Development Finance Corporation Ltd. 1.11% Mahindra & Mahindra Ltd. 1.03% (with < 1% exposure) 10.92% 28.86% 3.03% Asset Allocation () 68.11% & SDL (Top 10 Holdings) 44.64% 07.37% GOI-16-Apr % 8.33% GOI - 09-Jul % 9.63% Maharashtra - 12-Feb % 9.19% SDL - Kerala - 28-May % 8.24% GOI - 15-Feb % % GOI - 02-Aug % 9.11% Maharashtra - 28-May % 0.00% Corporate Bonds (Top 10 Holdings) 23.47% LIC HOUSING FINANCE LTD 6.73% STEEL AUTHORITY OF INDIA LTD. 5.65% HDFC LTD. 4.70% IL & FS LTD. 1.77% SIKKA ORTS & TERMINALS LIMITED 1.48% DEWAN HOUSING FINANCE COR. LTD. 1.46% THE GREAT EASTERN SHIING CO. LTD. 0.95% STATE BANK OF INDIA 0.73% 0.00% 3.03% Top 10 Industry Exposure ( ) 12.89% 65.54% Maturity rofile (% of ) Modified Duration yrs Rating rofile (% of ) D 2.59% 22.18% 16.56% 45.73% 68.11% AA+ 1.39% AA- 8.29% 34.93% 10.20% 2.77% Manufacture of Basic Metals Computer programming, consultancy and related activities Manufacture of chemicals and chemical Manufacture of tobacco Manufacture of other transport equipment 6.03% 4.62% 4.05% 2.97% 1.98% 1.85% 1.55% 1.39% < 1 year 1-3 years 3-5 years 5-10 years erformance (Since Inception) 4.79% Fund returns vis a vis Balanced Fund -0.11% 3.66% 1.67% 3.72% 6.26% 7.77% 9.62% 0.05% 3.90% 1.89% 4.07% 7.17% 9.34% 9.99%

18 Jan-10 May-10 Aug-10 Dec-10 Apr-11 Jul-11 Nov-11 Feb-12 Jun-12 Sep-12 Jan-13 May-13 Aug-13 Dec-13 Mar-14 Jul-14 Oct-14 Feb-15 Jun-15 Sep-15 Jan-16 Apr-16 Aug-16 Dec-16 Mar-17 Jul-17 Oct-17 Feb-18 May-18 Sep-18 individual ension FUND AEX balanced - JANUARY 2019 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. January 20, 2010 ULIF /01/10 SUD-A-BL1 142 Nifty 50 Index - 50% CRISIL Composite Bond Index - 50% roducts : AUM : For New Dhruv Tara roducts Rs Cr Mr. Sumit oddar ortfolio Investment attern articulars (Top 10 Holdings & >1%) 48.03% Minimum Maximum HDFC Bank Ltd 5.77% 35% 65% % Reliance Industries Ltd 4.47%, 35% 65% % Infosys Technologies Ltd. 3.57% ITC Ltd. 3.12% ICICI Bank Ltd 2.78% Larsen & Toubro Limited 2.47% Tata Consultancy Services Limited 2.25% Kotak Mahindra Bank Limited 2.14% Housing Development Finance Corporation Ltd. 1.88% Mahindra & Mahindra Ltd. 1.70% Tech Mahindra Limited 1.28% Axis Bank Limited 1.23% Hindustan Unilever Limited 1.20% Maruti Suzuki India Limited 1.16% Bajaj Finance Ltd. 1.07% (with < 1% exposure) 11.94% Asset Allocation () 48.03% 7.15% 44.82% 44.82% & SDL (Top 10 Holdings) 20.50% 8.21% Maharashtra - 09-Dec % 07.37% GOI-16-Apr % 8.20% GOI - 15-Feb % 8.40% GOI 28 Jul % 0.00% Corporate Bonds (Top 10 Holdings) 24.32% LIC HOUSING FINANCE LTD 8.08% SIKKA ORTS & TERMINALS LIMITED 3.80% HDFC LTD. 3.64% STEEL AUTHORITY OF INDIA LTD. 3.63% DEWAN HOUSING FINANCE COR. LTD. 2.26% L & T FINANCE LTD. 2.19% RELIANCE INDUSTRIES LTD 0.73% 0.00% 7.15% Rating rofile (% of ) 45.73% AA- 8.09% Maturity rofile ( % of ) 47.56% 46.18% Modified Duration yrs 26.80% 25.64% Top 10 Industry Exposure ( ) 18.30% 1-3 years 3-5 years 5-10 years Computer programming, consultancy and related activities 7.69% 13.98% erformance (Since Inception) 5.68% 4.95% Manufacture of Basic Metals Manufacture of chemicals and chemical Manufacture of tobacco Manufacture of other transport equipment 4.23% 3.26% 3.12% 2.47% 2.32% % Fund returns vis a vis Individual ension Fund - Apex Balanced 0.04% 3.83% -0.07% 2.66% 8.12% 10.11% 8.55% -0.04% 4.03% 0.03% 2.45% 8.73% 10.38% 8.44%

19 Mar-09 Aug-09 Dec-09 Apr-10 Aug-10 Dec-10 May-11 Sep-11 Jan-12 May-12 Oct-12 Feb-13 Jun-13 Oct-13 Feb-14 Jul-14 Nov-14 Mar-15 Jul-15 Nov-15 Apr-16 Aug-16 Dec-16 Apr-17 Aug-17 Jan-18 May-18 Sep-18 individual pension FUND BALANCED - JANUARY 2019 To aim for stable returns over medium to long term through investments in high quality fixed income and money market instruments and enhance returns through a fair exposure to equity investments. March 31, 2009 ULIF /03/09 SUD-I-BL1 142 Nifty 50 Index - 30% CRISIL Composite Bond Index - 70% roducts : AUM : For Dhruv Tara roducts Rs Cr Mr. Sumit oddar ortfolio Investment attern (Top 10 Holdings & >1%) 27.89% articulars Minimum Maximum HDFC Bank Ltd 3.71% 0% 60% % Reliance Industries Ltd 2.40%, 40% 100% % Infosys Technologies Ltd. 1.96% ITC Ltd. 1.82% Asset Allocation () ICICI Bank Ltd 1.55% Larsen & Toubro Limited 1.52% Tata Consultancy Services Limited 1.34% 7.33% 64.78% Housing Development Finance Corporation Ltd. 1.11% Mahindra & Mahindra Ltd. 1.06% Kotak Mahindra Bank Limited 0.98% (with < 1% exposure) 10.44% 64.78% & SDL (Top 10 Holdings) 36.37% 07.37% GOI-16-Apr % 9.63% Maharashtra - 12-Feb % 9.11% Maharashtra - 28-May % 7.72% GOI- 25-May % 6.97% GOI- 06-Sep % 0.00% 27.89% Rating rofile (% of ) D 2.68% 32.17% Corporate Bonds (Top 10 Holdings) 28.41% SIKKA ORTS & TERMINALS LIMITED 6.06% LIC HOUSING FINANCE LTD 5.84% THE GREAT EASTERN SHIING CO. LTD. 5.84% HDFC LTD. 2.40% DEWAN HOUSING FINANCE COR. LTD. 2.40% STATE BANK OF INDIA 1.80% IL & FS LTD. 1.74% L & T FINANCE LTD. 1.17% LARSEN & TOUBRO LTD. 1.17% 0.00% 7.33% 56.14% Maturity rofile ( % of ) Modified Duration yrs 40.29% AA+ 9.01% 28.72% Top 10 Industry Exposure ( ) 12.39% 21.98% 10.64% 9.01% 8.45% < 1 year 1-3 years 3-5 years 5-10 years Water transport Computer programming, consultancy and related activities Manufacture of chemicals and chemical Manufacture of tobacco Manufacture of other transport equipment 5.84% 4.39% 2.68% 2.68% 1.91% 1.82% 1.44% erformance (Since Inception) 4.06% Fund returns vis a vis Individual ension Fund - Balanced -0.02% 3.96% 1.52% 3.51% 6.40% 8.55% 9.48% 0.05% 3.90% 1.89% 4.07% 7.17% 9.34% 9.81%

20 Apr-11 Aug-11 Dec-11 Apr-12 Aug-12 Dec-12 Mar-13 Jul-13 Nov-13 Mar-14 Jul-14 Nov-14 Mar-15 Jun-15 Oct-15 Feb-16 Jun-16 Oct-16 Feb-17 May-17 Sep-17 Jan-18 May-18 Sep-18 Express BALANCED FUND - JANUARY 2019 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. April 29, 2011 ULIF /04/11 SUD-LX-BL1 142 Nifty 50 Index - 30% CRISIL Composite Bond Index - 70% roducts : AUM : For Dhan Suraksha Express Rs Cr Mr. Sumit oddar ortfolio Investment attern (Top 10 Holdings & >1%) 29.99% articulars Minimum Maximum HDFC Bank Ltd 4.09% 0% 60% % Reliance Industries Ltd 2.53%, 40% 100% % Infosys Technologies Ltd. 2.06% ITC Ltd. 1.96% Asset Allocation( ) Larsen & Toubro Limited 1.60% ICICI Bank Ltd 1.59% 60.81% Housing Development Finance Corporation Ltd. 1.45% 9.20% Kotak Mahindra Bank Limited 1.43% Tata Consultancy Services Limited 1.40% Mahindra & Mahindra Ltd. 0.99% (with < 1% exposure) 10.90% 60.81% & SDL (Top 10 Holdings) 33.24% 07.37% GOI-16-Apr % 6.84% GOI- 19-Dec % 9.15% GOI - 14-Nov % % GOI - 02-Aug % 9.63% Maharashtra - 12-Feb % 8.20% GOI - 24-Sep % 8.33% GOI - 09-Jul % 8.24% GOI - 15-Feb % 9.11% Maharashtra - 28-May % 8.29% Tamilnadu 29 Jul % 1.06% 29.99% D 2.23% Rating rofile (% of ) 31.86% Corporate Bonds (Top 10 Holdings) 27.57% SIKKA ORTS & TERMINALS LIMITED 7.82% THE GREAT EASTERN SHIING CO. LTD. 5.71% HDFC LTD. 3.43% LIC HOUSING FINANCE LTD 2.96% OWER GRID CORORATION OF INDIA LTD 1.91% IL & FS LTD. 1.36% MRF LTD. 1.18% DEWAN HOUSING FINANCE COR. LTD. 1.17% STEEL AUTHORITY OF INDIA LTD. 1.13% LARSEN & TOUBRO LTD. 0.91% 0.00% 54.66% Maturity rofile ( % of ) AA- 1.86% Modified Duration yrs AA+ 9.39% 9.20% 40.07% 27.08% 23.07% Top 10 Industry Exposure ( ) 11.78% 9.39% 0.40% 10.78% 7.56% < 1 year 1-3 years 3-5 years 5-10 years > 10 years Water transport Computer programming, consultancy and related activities 5.71% 4.49% 2.81% erformance (Since Inception) 2.51% Manufacture of chemicals and chemical 1.98% Manufacture of tobacco 1.96% Manufacture of Basic Metals 1.59% % 9.50 Fund returns vis a vis Express Balanced Fund -0.07% 3.85% 1.41% 3.12% 6.30% 8.24% 8.39% 0.05% 3.90% 1.89% 4.07% 7.17% 9.34% 8.62%

21 Jan-14 May-14 Sep-14 Jan-15 Apr-15 Aug-15 Dec-15 Mar-16 Jul-16 Nov-16 Mar-17 Jun-17 Oct-17 Feb-18 May-18 Sep-18 BALANCEd LUS FUND - JANUARY 2019 To optimize returns over medium to long term, by aiming balance between risk and return, through investments in high quality equity and debt instruments. January 29, 2014 ULIF /12/13 SUD-LI-BL2 142 Nifty 50 Index - 30% CRISIL Composite Bond Index - 70% roducts : AUM : For Dhan Suraksha lus & Wealth Builder lan Rs Cr Mr. Sumit oddar ortfolio Investment attern (Top 10 Holdings & >1%) 27.33% articulars Minimum Maximum HDFC Bank Ltd 3.51% 0% 60% % Reliance Industries Ltd 2.77% 40% 100% % Infosys Technologies Ltd. 2.16% 0% 30% % ICICI Bank Ltd 1.60% ITC Ltd. 1.58% Larsen & Toubro Limited 1.42% Tata Consultancy Services Limited 1.27% Kotak Mahindra Bank Limited 1.17% Mahindra & Mahindra Ltd. 1.05% Housing Development Finance Corporation Ltd. 0.93% (with < 1% exposure) 9.86% 27.33% 5.47% Asset Allocation( ) 67.20% 67.20% & SDL (Top 10 Holdings) 44.17% 07.37% GOI-16-Apr % 6.84% GOI- 19-Dec % 7.35% GOI - 22-Jun % 7.72% GOI- 25-May % 6.97% GOI- 06-Sep % 8.40% GOI 28 Jul % 8.20% GOI - 24-Sep % 8.30% GOI - 02-Jul % 8.30% GOI - 31-Dec % 8.35% Gujarat 28-Feb % 6.38% Rating rofile (% of ) D 0.22% 26.73% Corporate Bonds (Top 10 Holdings) 23.03% HDFC LTD. 3.46% STEEL AUTHORITY OF INDIA LTD. 2.90% DEWAN HOUSING FINANCE COR. LTD. 2.15% LIC HOUSING FINANCE LTD 2.15% THE GREAT EASTERN SHIING CO. LTD. 1.94% LARSEN & TOUBRO LTD. 1.66% SUNDARAM FINANCE LTD. 1.46% REC LIMITED 1.36% SIKKA ORTS & TERMINALS LIMITED 1.15% MRF LTD. 0.98% 3.82% 5.47% 65.73% Maturity rofile ( % of ) Modified Duration yrs 41.65% AA- 4.32% AA+ 3.00% 31.98% Top 10 Industry Exposure ( ) 12.25% 17.36% 8.16% 3.46% 5.54% Computer programming, consultancy and related activities 4.59% 4.54% < 1 year 1-3 years 3-5 years 5-10 years > 10 years Manufacture of Basic Metals 3.57% 3.31% erformance (Since Inception) % Water transport 1.94% Manufacture of chemicals and chemical 1.92% Manufacture of tobacco 1.58% % Fund returns vis a vis Balanced lus Fund 0.13% 3.92% 2.42% 4.31% 6.08% 8.22% 9.48% 0.05% 3.90% 1.89% 4.07% 7.17% 9.34% 10.16%

22 Jan-10 May-10 Aug-10 Nov-10 Mar-11 Jun-11 Sep-11 Jan-12 Apr-12 Aug-12 Nov-12 Feb-13 Jun-13 Sep-13 Jan-14 Apr-14 Jul-14 Nov-14 Feb-15 May-15 Sep-15 Dec-15 Apr-16 Jul-16 Oct-16 Feb-17 May-17 Sep-17 Dec-17 Mar-18 Jul-18 Oct-18 AEX BOND FUND - JANUARY 2019 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. January 20, 2010 ULIF /01/10 SUD-LA-BN1 142 roducts : AUM : For New Dhan Suraksha, New Dhan Suraksha remium, Rs Cr New rabhat Tara, Dhan Suraksha 3, Dhan Suraksha remium 3 & rabhat Tara 3. CRISIL Composite Bond Index - 90% CRISIL Liquid Fund Index - 10% ortfolio Investment attern 95.72% articulars Minimum Maximum & SDL (Top 10 Holdings & >1%) 47.29% DEBT 80% 100% % 07.37% GOI-16-Apr % 0% 20% % 6.84% GOI- 19-Dec % 6.97% GOI- 06-Sep % 8.33% GOI - 09-Jul % 9.19% SDL - Kerala - 28-May % 9.23% GOI - 23-Dec % 8.28% GOI - 21-Sep % 7.35% GOI - 22-Jun % 8.20% GOI - 24-Sep % 7.72% GOI- 25-May % (with < 1% exposure) 0.38% 4.28% Asset Allocation () Corporate Bonds (Top 10 Holdings & >1%) 48.42% OWER GRID CORORATION OF INDIA LTD 8.25% HDFC LTD. 7.69% LIC HOUSING FINANCE LTD 7.68% M & M FINANCIAL SERVICES LTD. 6.88% SHRIRAM TRANSORT FINANCE CO. LTD. 5.16% L & T FINANCE LTD. 3.52% DEWAN HOUSING FINANCE COR. LTD. 2.66% VEDANTA LIMITED 2.63% L&T HOUSING FINANCE LIMITED 2.09% OWER FINANCE CORORATION LTD. 1.05% (with < 1% exposure) 0.81% 49.41% AA- 0.11% Maturity rofile ( % of ) 44.94% 95.72% Rating rofile (% of ) AA 2.75% 34.94% AA % Modified Duration yrs 33.95% 4.28% 19.53% Top 10 Industry Exposure ( ) 0.21% 1.37% 20.12% < 1 year 1-3 years 3-5 years 5-10 years > 10 years 15.56% erformance (Since Inception) 9.81% Mining of metal ores 2.63% Water transport 0.20% Manufacture of Basic Metals 0.10% 9.50 Fund returns vis a vis Apex Bond Fund 0.29% 3.82% 5.35% 6.55% 4.86% 7.43% 7.76% 0.23% 3.50% 4.58% 6.55% 5.02% 7.65% 7.84%

23 Feb-09 Jun-09 Oct-09 Feb-10 Jun-10 Oct-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Dec-12 Apr-13 Aug-13 Dec-13 Apr-14 Aug-14 Dec-14 Mar-15 Jul-15 Nov-15 Mar-16 Jul-16 Nov-16 Feb-17 Jun-17 Oct-17 Feb-18 Jun-18 Oct-18 BOND FUND - JANUARY 2019 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. February 25, 2009 ULIF /02/09 SUD-LI-BN1 142 CRISIL Composite Bond Index - 90% CRISIL Liquid Fund Index - 10% roducts : AUM : For Dhan Suraksha, Dhan Suraksha remium, rabhat Tara. Rs Cr ortfolio Investment attern 94.47% articulars Minimum Maximum & SDL (Top 10 Holdings & >1%) 51.76% 80% 100% % 07.37% GOI-16-Apr % 0% 20% % 6.84% GOI- 19-Dec % 7.72% GOI- 25-May % 8.40% GOI 28 Jul % (with < 1% exposure) 0.00% 5.53% Asset Allocation () Corporate Bonds (Top 10 Holdings & >1%) 42.71% OWER GRID CORORATION OF INDIA LTD 6.38% SIKKA ORTS & TERMINALS LIMITED 5.81% HDFC LTD. 5.75% THE GREAT EASTERN SHIING CO. LTD. 5.59% M & M FINANCIAL SERVICES LTD. 4.61% LIC HOUSING FINANCE LTD 4.52% LARSEN & TOUBRO LTD. 4.48% RELIANCE INDUSTRIES LTD 3.35% L & T FINANCE LTD. 1.12% STEEL AUTHORITY OF INDIA LTD. 1.11% (with < 1% exposure) 0.00% 94.47% Rating rofile (% of ) 33.24% 5.53% Top 10 Industry Exposure ( ) 54.79% AA- 1.17% AA % 12.19% Maturity rofile ( % of ) Modified Duration yrs 51.29% 10.27% 19.18% 22.44% 7.09% 5.73% < 1 year 1-3 years 3-5 years 5-10 years Water transport 5.59% erformance (Since Inception) % % Manufacture of Basic Metals 1.11% 9.50 Fund returns vis a vis Bond Fund 0.32% 4.04% 5.62% 6.86% 4.75% 7.11% 7.40% 0.23% 3.50% 4.58% 6.55% 5.02% 7.65% 7.57%

24 Jan-10 May-10 Aug-10 Dec-10 Apr-11 Jul-11 Nov-11 Feb-12 Jun-12 Sep-12 Jan-13 May-13 Aug-13 Dec-13 Mar-14 Jul-14 Oct-14 Feb-15 Jun-15 Sep-15 Jan-16 Apr-16 Aug-16 Dec-16 Mar-17 Jul-17 Oct-17 Feb-18 May-18 Sep-18 individual ension FUND AEX bond - JANUARY 2019 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. January 20, 2010 ULIF /01/10 SUD-A-BN1 142 roducts : AUM : For New Dhruv Tara roducts Rs Cr CRISIL Composite Bond Index - 90% CRISIL Liquid Fund Index - 10% ortfolio Investment attern 94.02% articulars Minimum Maximum & SDL (Top 10 Holdings & >1%) 62.24% DEBT 80% 100% % 8.40% GOI 28 Jul % 0% 20% % 07.37% GOI-16-Apr % 9.15% GOI - 14-Nov % 8.34% SDL - Maharashtra - 03-Feb % 8.84% SDL - Tamil Nadu - 18-Jul % 6.84% GOI- 19-Dec % (with < 1% exposure) 0.00% Asset Allocation( ) 5.98% Corporate Bonds (Top 10 Holdings & >1%) 31.78% OWER GRID CORORATION OF INDIA LTD 7.59% SIKKA ORTS & TERMINALS LIMITED 7.56% HDFC LTD. 7.39% L & T FINANCE LTD. 2.42% LARSEN & TOUBRO LTD. 2.42% REC LIMITED 2.38% DEWAN HOUSING FINANCE COR. LTD. 2.01% (with < 1% exposure) 0.00% Rating rofile (% of ) 94.02% 5.98% 33.80% Top 10 Industry Exposure ( ) 66.20% 17.53% Maturity rofile ( % of ) Modified Duration yrs 49.22% 25.76% 25.02% 9.40% 1-3 years 3-5 years 5-10 years 2.42% erformance (Since Inception) % Fund returns vis a vis Individual ension Fund - Apex Bond 0.38% 3.40% 5.05% 6.26% 4.55% 7.20% 7.46% 0.23% 3.50% 4.58% 6.55% 5.02% 7.65% 7.84%

25 Mar-09 Sep-09 Feb-10 Jul-10 Dec-10 May-11 Oct-11 Mar-12 Aug-12 Jan-13 Jun-13 Nov-13 May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16 Apr-17 Sep-17 Feb-18 Aug-18 individual ension FUND BOND - JANUARY 2019 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. March 31, 2009 ULIF /03/09 SUD-I-BN1 142 CRISIL Composite Bond Index - 90% CRISIL Liquid Fund Index - 10% roducts : AUM : For Dhruv Tara roducts Rs Cr ortfolio Investment attern 93.88% articulars Minimum Maximum & SDL (Top 10 Holdings & >1%) 62.41% 80% 100% % 07.37% GOI-16-Apr % 0% 20% % 6.84% GOI- 19-Dec % 8.33% GOI - 09-Jul % (with < 1% exposure) 2.99% 6.12% Asset Allocation () Corporate Bonds (Top 10 Holdings & >1%) 31.48% OWER GRID CORORATION OF INDIA LTD 6.20% MRF LTD. 6.12% STEEL AUTHORITY OF INDIA LTD. 5.88% L & T FINANCE LTD. 2.97% THE GREAT EASTERN SHIING CO. LTD. 2.97% RELIANCE INDUSTRIES LTD 2.96% REC LIMITED 2.91% HDFC LTD. 1.47% (with < 1% exposure) 0.00% 6.12% Top 10 Industry Exposure ( ) 93.88% 66.47% Rating rofile (% of ) 24.10% AA+ 3.16% AA- 6.26% 9.11% Maturity rofile ( % of ) Modified Duration yrs 50.14% Manufacture of rubber and plastics 6.12% 19.10% 27.60% Manufacture of Basic Metals 5.88% 3.16% < 1 year 1-3 years 3-5 years 5-10 years 2.97% erformance (Since Inception) Water transport 2.97% % % Fund returns vis a vis Individual ension Fund - Bond 0.26% 4.22% 5.92% 7.36% 4.70% 6.94% 7.35% 0.23% 3.50% 4.58% 6.55% 5.02% 7.65% 7.63%

26 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Nov-16 Feb-17 May-17 Aug-17 Nov-17 Jan-18 Apr-18 Jul-18 Oct-18 individual LIFE INCOME FUND - JANUARY 2019 To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high quality corporate debt of varying maturities and also in money market instruments. January 29, 2014 ULIF /12/13 SUD-LI-BN2 142 roducts : For Dhan Suraksha lus & Wealth Builder lan AUM : Rs Cr CRISIL Composite Bond Index - 85% CRISIL Liquid Fund Index - 15% ortfolio Investment attern articulars 93.35% Minimum Maximum & SDL (Top 10 Holdings & >1%) 54.86% 70% 100% % 6.84% GOI- 19-Dec % 0% 30% % 07.37% GOI-16-Apr % 6.97% GOI- 06-Sep % 8.39% Rajasthan -UDAY SL-15-Mar % 8.28% GOI - 21-Sep % 8.35% GOI - 14-May % % GOI - 28-Aug % 8.20% GOI - 24-Sep % 8.24% GOI - 15-Feb % 8.33% GOI - 09-Jul % 9.11% Maharashtra - 28-May % (with < 1% exposure) 3.17% 6.65% Asset Allocation () 93.35% Corporate Bonds (Top 10 Holdings & >1%) 38.49% LIC HOUSING FINANCE LTD 5.83% OWER GRID CORORATION OF INDIA LTD 5.41% REC LIMITED 4.86% M & M FINANCIAL SERVICES LTD. 3.79% HDFC LTD. 3.09% STEEL AUTHORITY OF INDIA LTD. 2.80% LARSEN & TOUBRO LTD. 2.28% VEDANTA LIMITED 2.17% DEWAN HOUSING FINANCE COR. LTD. 2.17% THE GREAT EASTERN SHIING CO. LTD. 1.32% RELIANCE INDUSTRIES LTD 1.32% (with < 1% exposure) 3.45% 6.65% 58.77% D 0.70% Rating rofile (% of ) 33.59% AA+ AA 1.61% 2.33% AA- 3.00% Maturity rofile ( % of ) Modified Duration yrs Top 10 Industry Exposure ( ) 50.51% 12.10% 29.56% 11.98% 2.44% 14.61% 2.88% 5.91% < 1 year 1-3 years 3-5 years 5-10 years > 10 years Manufacture of Basic Metals 2.80% Mining of metal ores Water transport 2.28% 2.17% 1.32% erformance (Since Inception) 1.32% Fund returns vis a vis Individual Life Income Fund 0.39% 3.49% 4.69% 5.53% 4.22% 6.81% 8.23% 0.25% 3.42% 4.54% 6.61% 5.14% 7.63% 8.88%

27 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Nov-18 Dec-18 GROU DEBT FUND - JANUARY 2019 To generate stable returns over medium to long term with full exposure in debt market instruments by judicious mix of Government Securities and high quality corporate debt and also in money market instruments. October 6, 2015 ULGF /03/15 SUD-GN-BN1 142 roducts : For SUD Life Group Retirement Benefit lan AUM : Rs Cr CRISIL Composite Bond Index - 90% CRISIL Liquid Fund Index - 10% ortfolio Investment attern articulars 92.78% Minimum Maximum & SDL (Top 10 Holdings & >1%) 59.05% 70% 100% % 6.84% GOI- 19-Dec % 0% 30% % 8.33% GOI - 07-Jun % Mutual Funds 0% 15% % 7.35% GOI - 22-Jun % Fixed Deposits with Banks 0% 15% % 07.37% GOI-16-Apr % 8.20% Gujarat 24 Jun % 7.72% GOI- 25-May % 8.83% GOI - 12-Dec % 8.21% Maharashtra - 09-Dec % 8.20% GOI - 15-Feb % (with < 1% exposure) 0.00% 7.22% Asset Allocation () Corporate Bonds (Top 10 Holdings & >1%) 33.73% MRF LTD. 5.18% L&T HOUSING FINANCE LIMITED 5.12% LIC HOUSING FINANCE LTD 5.06% RELIANCE INDUSTRIES LTD 5.02% HDFC LTD. 3.11% L & T FINANCE LTD. 3.02% THE GREAT EASTERN SHIING CO. LTD. 3.01% REC LIMITED 2.96% DEWAN HOUSING FINANCE COR. LTD. 1.25% (with < 1% exposure) 0.00% 7.22% Rating rofile (% of ) 33.10% 92.78% Mutual Fund 0.00% 63.65% Fixed Deposit with Banks 0.00% AA+ 3.25% Top 10 Industry Exposure ( ) Maturity rofile ( % of ) Modified Duration yrs 31.18% 14.53% 25.21% 25.84% 14.52% Manufacture of rubber and plastics 5.18% 3.25% 5.02% < 1 year 1-3 years 3-5 years 5-10 years > 10 years erformance (Since Inception) 3.02% Water transport 3.01% % Fund returns vis a vis Group Fund 0.38% 3.78% 5.44% 7.09% 5.16% 7.60% 7.28% 0.23% 3.50% 4.58% 6.55% 5.02% 7.65% 7.39%

28 Nov-11 Mar-12 Aug-12 Dec-12 May-13 Sep-13 Feb-14 Jun-14 Nov-14 Mar-15 Aug-15 Dec-15 May-16 Sep-16 Feb-17 Jul-17 Nov-17 Apr-18 Aug-18 Discontinued olicies FUND - JANUARY 2019 To ensure safety and liquidity of funds and to generate the returns over and above defined regulatory minimum rate of return of 4% per annum. June 03, 2011 ULIF /06/11 SUD-UL-D1 142 CRISIL Short Term Gilt Index 65% & CRISIL Liquid Index 35% * roducts : AUM : Dhan Suraksha Express, Dhan Suraksha 3, Dhan Suraksha remium 3 & rabhat Tara 3,Dhan Suraksha lus & Wealth Builder lan Rs Cr ortfolio Investment attern articulars & MM % Minimum Maximum & SDL (Top 10 Holdings & >1%) 91.31% Government Securties 60% 100% % 6.35% GOI- 02-Jan % 0% 40% % 364 day T-Bill 09 Jan % 364 day T-Bill 02 Jan % % GOI - 02-Feb % % GOI - 13-Jul % 7.80% GOI - 11-Apr % 8.90% SDL - Tamil Nadu - 20-Sep % 8.83% GOI 25 Nov % 7.28% GOI- 03-Jun % 364 day T-Bill 27 June % 9.63% Maharashtra - 12-Feb % 8.40% GOI 28 Jul % 9.65% SDL - Tamil Nadu - 12-Mar % 8.30% Maharashtra - 25-Mar % 8.49% SDL - Karnataka - 18-Mar % 8.27% Kerala 25 Mar % 7.80% GOI - 03-May % 8.32% SDL - Gujarat - 04-Aug % 8.84% SDL - Tamil Nadu - 18-Jul % 8.20% GOI - 15-Feb % 8.29% Tamilnadu 29 Jul % (with < 1% exposure) 5.76% 8.69% Maturity rofile ( % of ) 69.48% Modified Duration yrs 9.26% 10.81% 10.45% < 1 year 1-3 years 3-5 years 5-10 years % erformance (Since Nov 01, 2011) Asset Allocation( ) Govt. Securties 91.31% Fund returns vis a vis Discontinued olicies Fund 0.53% 2.50% 4.33% 6.62% 5.58% 6.40% 7.33% 0.65% 2.88% 5.04% 7.89% 6.78% 7.65% 8.12% Note: * Crisil Liquid Index 100% upto May 2013 CRISIL Short Term Gilt Index 65% & CRISIL Liquid Index 35% from June 13 onwards