PRODUCT LABELLING: OPEN ENDED GROWTH SCHEMES

Transcription

1 JULY 31, 2015

2 PRODUCT LABELLING: OPEN ENDED GROWTH SCHEMES SCHEME PRODUCT SUITABILITY RISKOMETER Equity Long-term capital growth Investment in equity and equity-related securities to form a diversified portfolio Opportunities Long-term capital growth Investment in equity and equity-related securities to form a diversified portfolio Top 0 Equity Long-term capital growth Investment in equity and equity-related securities of large cap companies (top 0 companies by market capitalization) Small and Mid Cap Long-term capital growth Investment in equity and equity-related securities in companies beyond top 0 companies by market capitalization India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms ) Long-term capital growth Investment in equity and equity-related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the Government and/or from continuing investments in infrastructure, both by the public and private sector Technology.com Long-term capital growth Investment in equity and equity-related securities of companies in media, telecom and information technology sectors Micro Cap Long-term capital growth Investment in equity and equity-related securities in micro cap companies (beyond top 300 companies by market capitalization) Focus 25 Long-term capital growth with exposure limited to a maximum of 25 stocks from an investment universe of top 200 companies by market capitalization Investment in equity and equity-related securities to form a concentrated portfolio Natural Resources and New Energy Long-term capital growth Investment in equity and equity-related securities of natural resources companies in sectors like mining, energy, etc. and companies involved in alternative energy and energy technology and also, investment in units of overseas funds which invest in such companies overseas

3 PRODUCT LABELLING: OPEN ENDED EQUITY LINKED SAVING SCHEME SCHEME PRODUCT SUITABILITY RISKOMETER Tax Saver Long-term capital growth with a three-year lock-in Investment in equity and equity-related securities to form a diversified portfolio PRODUCT LABELLING: OPEN ENDED INCOME SCHEMES SCHEME PRODUCT SUITABILITY RISKOMETER Bond Income over a long-term investment horizon Investment in money market and debt securities Constant Maturity Y G-Sec Income over a long-term investment horizon Investment in Government Securities with weighted average maturity of around years Short Term Income over a medium-term investment horizon Investment in money market and debt securities Income Opportunities Income over a medium-term investment horizon Investment in money market and debt securities Strategic Bond Income over a medium to long term investment horizon Investment in actively managed portfolio of money market and debt securities Money Manager Income over a short-term investment horizon Investment in money market and debt securities Government Securities Income over a long-term investment horizon Investment in Central government securities Ultra Short Term Income over a short-term investment horizon. Investments in money market and debt securities

4 PRODUCT LABELLING: OPEN ENDED INCOME SCHEMES SCHEME PRODUCT SUITABILITY RISKOMETER Banking & PSU Debt Income over a short-term investment horizon Investment in money market and debt securities issued by banks and public sector entities/undertakings MIP ~ PRODUCT LABELLING: FUND OF FUNDS SCHEMES ~ Monthly income is not assured and is subject to availability of distributable surplus. Income and capital growth over a medium-term investment horizon Investment primarily in money market and debt securities, with balance exposure in equity/equity-related securities PRODUCT LABELLING: OPEN ENDED LIQUID SCHEME SCHEME PRODUCT SUITABILITY RISKOMETER Liquidity Income over a short-term investment horizon Investment in money market and debt securities, with maturity not exceeding 91 days PRODUCT LABELLING: OPEN ENDED MONEY MARKET MUTUAL FUND SCHEME IN INCOME CATEGORY SCHEME PRODUCT SUITABILITY RISKOMETER Treasury Bill Income over a short-term investment horizon Investment in Treasury Bills & other Central government securities maturing within one year PRODUCT LABELLING: OPEN ENDED BALANCED SCHEME SCHEME PRODUCT SUITABILITY RISKOMETER Balanced Capital growth and income over a long-term investment horizon Investment primarily in equity/equity-related securities, with balance exposure in money market and debt securities

5 PRODUCT LABELLING: OPEN ENDED FUND OF FUNDS SCHEMES SCHEME PRODUCT SUITABILITY RISKOMETER World Gold Long-term capital growth Investment in units of overseas funds which invest primarily in equity and equity related securities of gold mining companies World Energy Long-term capital growth Investment in units of overseas funds which invest primarily in equity and equity related securities of companies in the energy and alternative energy sectors World Mining Long-term capital growth Investment in units of overseas funds which invest primarily in equity and equity related securities of mining companies World Agriculture Long-term capital growth Investment in units of overseas funds which invest primarily in equity and equity related securities of companies in the agriculture value chain US Flexible^ Equity Long-term capital growth Investment in units of overseas funds which invest primarily in equity and equity related securities of companies domiciled in, or exercising the predominant part of their economic activity in the USA ^The term Flexible in the name of the Scheme signifies that the Investment Manager of the Underlying can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants. Dynamic Asset Allocation Long-term capital growth Investments in units of one or more equity mutual funds and debt mutual funds of Mutual Global Allocation Long-term capital growth Investments in units of overseas funds which invest in equity, debt and short term securities of issuers around the world *Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

6 Equity Vinit Sambre Total work experience of 16 years. Managing this Scheme since July Harish Zaveri Total work experience of 20 years. Managing this Scheme since July An Open Ended growth Scheme, seeking to generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India. Equity & Equity related securities: 90% to 0% & Debt* & Money market securities: 0% to %. * Debt securities/instruments are deemed to include securitised debts Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Exit load: Holding : < 12 months: 1% >= 12 months: Nil April 29, 1997 NAV AS ON Growth: ` Growth: ` , Cr. Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 HDFC Bank Banks 1,997,299 22, % 2 Axis Bank Banks 2,670,511 15, % 3 Maruti Suzuki India Auto 258,343 11, % 4 Larsen & Toubro Construction Project 594,143, % 5 Hindustan Petroleum Corporation Petroleum Products 1,091,377, % 6 UltraTech Cement Cement 317,820, % 7 SRF Textile Products 606,833 8, % 8 Tata Motors - A Class Auto 3,128,492 8, % 9 Tata Consultancy Services Software 322,5 8, % Bharat Petroleum Corporation Petroleum Products 859,373 7, % 11 Ashok Leyland Auto 9,231,862 7, % 12 Infosys Software 691,737 7, % 13 United Spirits Consumer Non Durables 200,858 7, % 14 IndusInd Bank Banks 757,292 7, % 15 State Bank of India Banks 2,729,746 7, % 16 Arvind Textile Products 2,051,202 6, % 17 Bayer Cropscience Pesticides 163,083 6, % 18 Kotak Mahindra Bank Banks 889,764 6, % 19 SKS Microfinance Finance 971,418 5, % 20 Sadbhav Engineering Construction Project 1,674,712 5, % 21 NCC Construction Project 5,597,377 4, % 22 Gujarat State Petronet Gas 3,461,696 4, % 23 Crompton Greaves Industrial Capital Goods 2,375,266 4, % 24 Cummins India Industrial Products 436,051 4, % 25 Sterlite Technologies Industrial Products 4,027,573 4, % 26 Atul Chemicals 311,907 3, % 27 Coal India Minerals/Mining 842,616 3, % 28 Zee Entertainment Enterprises Media & Entertainment 927,350 3, % 29 IPCA Laboratories Pharmaceuticals 545,260 3, % 30 Gujarat Gas Gas 486,246 3, % 31 Multi Commodity Exchange of Finance India 274,217 3, % 32 NIIT Software 3,407,253 2, % 33 Glenmark Pharmaceuticals Pharmaceuticals 264,907 2, % 34 Reliance Industries Petroleum Products 251,685 2, % 35 Bharat Forge Industrial Products 215,961 2, % 36 Bajaj Finance Finance 39,323 2, % 37 Thomas Cook (India) Services 916,211 2, % 38 Credit Analysis And Research Finance 121,677 1, % 39 Blue Dart Express Transportation 24,666 1, % 40 Just Dial Software 146,331 1, % 41 CMC Software 80,602 1, % 42 Finolex Industries Industrial Products 508,562 1, % 43 Hero MotoCorp Auto 50,031 1, % 44 Sterling Holiday Resorts (India) Ltd. Hotels, Resorts And Other Recreational Activities 461,522 1, % 45 Godrej Properties Construction 383,236 1, % 46 Coromandel International Fertilisers 259, % 47 Monsanto India Pesticides 17, % 48 HT Media Media & Entertainment 509, % 49 Alembic Pharmaceuticals Pharmaceuticals, % 50 Arvind Infrastructure Construction 205,120 - * Total 251, % Unlisted 51 Magnasound (India) Media & Entertainment 25,000 - * 52 SIP Technologies & Export Software 122,549 - * Total - * DEBT INSTRUMENTS BOND & NCD's 53 Blue Dart Express ICRA AA 130, % 54 Blue Dart Express ICRA AA 97, * Total % 55 CBLO / Reverse Repo Investments 5, % Total 5, % Cash Margin % Net Receivables/Payables (123.82) (0.06%) Total (36.77) (0.01%) GRAND TOTAL 256, % Notes: 1. Total Expense Ratio (F.Y. beginning to date): IP: 1.75% RP: 2.32% DP: 1.75% 2. Turnover Ratio (Last 12 months): 1.12 Since Inception Ratios: 1. Standard Deviation: 23.15% 2. Beta: R-Squared: 85.75% 4. Sharpe Ratio: 0.59 *Less than 0.00% Sectoral Allocation Banks 22.76% Auto 11.09% Software 8.36% Construction Project 8.02% Petroleum Products 8.00% Textile Products 5.83% Finance 4.92% Industrial Products 4.81% Cement 3.90% Gas 3.16% Consumer Non Durables 2.90% Pesticides 2.76% Pharmaceuticals 2.51% Industrial Capital Goods 1.70% Media & Entertainment 1.61% Chemicals 1.54% Minerals/Mining 1.44% Services 0.80% Transportation 0.67% Hotels, Resorts And Other Recreational Activities 0.47% Construction 0.40% Fertilisers 0.25% Debt Instruments 0.01% Cash & Equivalent 2.09% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. 4

7 Top 0 Equity Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 HDFC Bank Banks 3,256,706 36, % 2 Axis Bank Banks 4,514,429 25, % 3 Tata Consultancy Services Software 869,758 21, % 4 Hindustan Petroleum Corporation Petroleum Products 2,289,234 21, % 5 Larsen & Toubro Construction Project 1,144,562 20, % 6 Maruti Suzuki India Auto 434,394 18, % 7 UltraTech Cement Cement 581,447 18, % 8 Bharat Petroleum Corporation Petroleum Products 1,742,495 16, % 9 IndusInd Bank Banks 1,544,578 15, % Tata Motors - A Class Auto 5,152,726 13, % 11 Kotak Mahindra Bank Banks 1,874,114 13, % 12 State Bank of India Banks 4,783,065 12, % 13 Hero MotoCorp Auto 480,615 12, % 14 Infosys Software 1,2,262 11, % 15 United Spirits Consumer Non Durables 298,828 11, % 16 Coal India Minerals/Mining 2,434,200, % 17 Reliance Industries Petroleum Products 925,857 9, % 18 Cummins India Industrial Products 813,993 8, % 19 Bajaj Finserv Finance 404,360 7, % 20 Container Corporation of India Transportation 398,606 6, % 21 Bajaj Finance Finance 113,752 6, % 22 Zee Entertainment Enterprises Media & Entertainment 1,481,432 5, % 23 Power Grid Corporation of India Power 4,006,590 5, % 24 Divi's Laboratories Pharmaceuticals 279,721 5, % 25 Adani Ports and Special Economic Zone Transportation 1,586,419 5, % 26 Siemens Industrial Capital Goods 270,639 3, % 27 Eicher Motors Auto 19,600 3, % 28 Bharat Forge Industrial Products 286,195 3, % 29 ABB India Industrial Capital Goods 198,112 2, % Total 353, % Sectoral Allocation Banks 29.12% Auto 13.79% Petroleum Products 13.14% Software 9.52% Construction Project 5.79% Cement 5.17% Finance 3.88% Transportation 3.31% Industrial Products 3.22% Consumer Non Durables 3.13% Minerals/Mining 3.02% Industrial Capital Goods 1.89% Media & Entertainment 1.67% Power 1.61% Pharmaceuticals 1.55% Cash & Equivalent 0.19% Harish Zaveri Total work experience of 20 years. Managing this Scheme since July An Open Ended growth Scheme, seeking to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 0 largest corporates, by market capitalisation, listed in India. Equity and Equity related securities - 90% - 0% Debt, Securitised Debt and Money market securities - 0% - % Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) 30 CBLO / Reverse Repo Investments 1, % Total 1, % Exit load: Holding : < 12 months: 1% >= 12 months: Nil Cash Margin.00 * Net Receivables/Payables (534.56) (0.15%) Total (524.56) (0.21%) GRAND TOTAL 354, % Notes: 1. Total Expense Ratio (F.Y. beginning to date): IP: 1.73% RP: 2.27% DP: 1.73% 2. Turnover Ratio (Last 12 months): 1.45 Since Inception Ratios: 1. Standard Deviation: 21.76% 2. Beta: R-Squared: 92.16% 4. Sharpe Ratio: 0.79 Mar, 2003 NAV AS ON Growth - ` Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Growth - ` , Cr. 5

8 Opportunities Rohit Singhania Total work experience of 14 years. Managing this Scheme since July 2015 An Open Ended growth Scheme, seeking to generate long term capital appreciation and whose secondary objective is income generation and the distribution of dividend from a portfolio constituted of equity and equity related securities concentrating on the investment focus of the Scheme. Equity & Equity related securities: 80% - 0% Fixed Income securities (Debt* & Money market securities): 0% - 20%. * Debt securities/ instruments are deemed to include securitised debts Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Exit load: Holding : < 12 months: 1% >= 12 months: Nil May 16, 2000 NAV AS ON Growth - ` Growth - ` Cr. Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 HDFC Bank Banks 547,716 6, % 2 Maruti Suzuki India Auto 1,691 4, % 3 Bharat Petroleum Corporation Petroleum Products 459,198 4, % 4 Larsen & Toubro Construction Project 228,939 4, % 5 Hindustan Petroleum Corporation Petroleum Products 411,045 3, % 6 State Bank of India Banks 1,277,668 3, % 7 IndusInd Bank Banks 352,448 3, % 8 Infosys Software 3,626 3, % 9 Axis Bank Banks 453,535 2, % ICICI Bank Banks 806,885 2, % 11 Glenmark Pharmaceuticals Pharmaceuticals 240,720 2, % 12 United Spirits Consumer Non Durables 61,743 2, % 13 Tata Consultancy Services Software 90,814 2, % 14 Torrent Pharmaceuticals Pharmaceuticals 152,326 2, % 15 Union Bank of India Banks 1,013,040 1, % 16 Gujarat Gas Gas 233,626 1, % 17 UltraTech Cement Cement 51,060 1, % 18 Gujarat State Petronet Gas 1,191,894 1, % 19 Motherson Sumi Systems Auto Ancillaries 435,006 1, % 20 HCL Technologies Software 150,580 1, % 21 Sintex Industries Industrial Products 1,207,690 1, % 22 Wim Plast Ltd. Industrial Products 56,060 1, % 23 Crompton Greaves Industrial Capital Goods 626,850 1, % 24 Tata Motors Auto 298,255 1, % 25 Siemens Industrial Capital Goods 76,837 1, % 26 Bajaj Finance Finance 19,372 1, % 27 Shree Cements Cement 9,277 1, % 28 MBL Infrastructures Construction 357,098 1, % 29 Tata Motors - A Class Auto 356, % 30 Castrol India Petroleum Products 179, % 31 Indoco Remedies Pharmaceuticals 241, % 32 Asian Paints Consumer Non Durables 92, % 33 NCC Construction Project 935, % 34 Finolex Industries Industrial Products 275, % 35 Arvind Textile Products 211, % 36 Britannia Industries Consumer Non Durables 20, % 37 Gujarat Pipavav Port Transportation 268, % 38 Zee Entertainment Enterprises Media & Entertainment 158, % 39 Ashoka Buildcon Construction Project 329, % 40 Strides Arcolab Pharmaceuticals 43, % 41 Somany Ceramics Construction 142, % 42 PNC Infratech Construction 5, % 43 Jubilant Life Sciences Pharmaceuticals 160, % 44 Bank of Baroda Banks 231, % 45 Cadila Healthcare Pharmaceuticals 20, % 46 Bayer Cropscience Pesticides 9, % 47 Arvind Infrastructure Construction 24,968 - * Total 77, % 48 CBLO / Reverse Repo Investments 1, % Total 1, % Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Cash Margin % Net Receivables/Payables (778.34) (0.99%) Total (764.98) (0.97%) GRAND TOTAL 78, % Notes: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.64%. DP: 2.09% 2. Turnover Ratio (Last 12 months): *Less than 0.00 Since Inception Ratios: 1. Standard Deviation: 23.19% 2. Beta: R-Squared: 90.41% 4. Sharpe Ratio: 0.50 Sectoral Allocation Banks 25.66% Petroleum Products 11.33% Software 9.04% Auto 8.71% Pharmaceuticals 8.66% Construction Project 6.95% Consumer Non Durables 4.74% Industrial Products 4.24% Gas 4.16% Cement 3.38% Industrial Capital Goods 2.88% Construction 2.59% Auto Ancillaries 1.92% Finance 1.35% Textile Products 0.86% Transportation 0.80% Media & Entertainment 0.80% Pesticides 0.46% Cash & Equivalent 1.47% 6

9 India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms ) Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 Larsen & Toubro Construction Project 714,708 12, % 2 HDFC Bank Banks 940,998, % 3 State Bank of India Banks 2,984,235 8, % 4 Hindustan Petroleum Corporation Petroleum Products 870,403 8, % 5 Bharat Petroleum Corporation Petroleum Products 840,274 7, % 6 ICICI Bank Banks 2,437,507 7, % 7 Ashoka Buildcon Construction Project 3,372,190 6, % 8 Axis Bank Banks 980,731 5, % 9 Crompton Greaves Industrial Capital Goods 2,926,443 5, % LIC Housing Finance Finance 1,024,221 5, % 11 IndusInd Bank Banks 511,631 5, % 12 Sadbhav Engineering Construction Project 1,564,474 4, % 13 J.Kumar Infraprojects Construction 593,713 4, % 14 UltraTech Cement Cement 136,785 4, % 15 MBL Infrastructures Construction 1,494,090 4, % 16 Kalpataru Power Transmission Power 1,554,124 4, % 17 Techno Electric & Engineering Company Construction Project 747,914 3, % 18 Alstom T&D India Industrial Capital Goods 708,442 3, % 19 Bharat Electronics Industrial Capital Goods 84,127 3, % 20 Adani Ports and Special Economic Zone Transportation 1,020,380 3, % 21 Union Bank of India Banks 1,666,585 2, % 22 PNC Infratech Construction 616,288 2, % 23 Solar Industries India Chemicals 60,032 2, % 24 Gujarat Gas Gas 312,730 2, % 25 Jet Airways (India) Transportation 566,738 2, % 26 NCC Construction Project 2,740,139 2, % 27 Gujarat State Petronet Gas 1,718,302 2, % 28 Finolex Cables Industrial Products 841,828 2, % 29 Grasim Industries Cement 55,860 2, % 30 Gateway Distriparks Transportation 483,985 1, % 31 Gujarat Pipavav Port Transportation 721,696 1, % 32 CESC Power 299,197 1, % 33 ACC Cement 119,666 1, % 34 JK Lakshmi Cement Cement 485,838 1, % 35 Astral Poly Technik Industrial Products 429,671 1, % 36 KNR Constructions Construction 273,736 1, % 37 Sintex Industries Industrial Products 1,350,882 1, % 38 AIA Engineering Industrial Products 152,895 1, % 39 Siemens Industrial Capital Goods 92,208 1, % 40 Max India Finance 220,157 1, % 41 Prestige Estates Projects Construction 535,619 1, % 42 Container Corporation of India Transportation 67,861 1, % 43 IL&FS Transportation Networks Transportation 684,409 1, % 44 NRB Bearing Industrial Products 788, % 45 Jindal Saw Ferrous Metals 1,128, % 46 KSK Energy Ventures Power 1,911, % Total 163, % 47 CBLO / Reverse Repo Investments 1, % Total 1, % Cash Margin % Net Receivables/Payables % Total 1, % GRAND TOTAL 165, % Notes: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.36% DP: 1.88% 2. Turnover Ratio (Last 12 months): 1.33 Since Inception Ratios: 1. Standard Deviation: 23.74% 2. Beta: R-Squared: 90.59% 4. Sharpe Ratio: 0.48 Sectoral Allocation Banks 23.82% Construction Project 18.29% Petroleum Products 9.54% Construction 8.62% Industrial Capital Goods 8.48% Transportation 6.76% Cement 5.84% Industrial Products 4.65% Power 4.06% Finance 3.82% Gas 2.75% Chemicals 1.41% Ferrous Metals 0.52% Cash & Equivalent 1.44% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Rohit Singhania Total work experience of 14 years. Managing this Scheme since June 20 An open ended diversified equity Scheme, seeking to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the Government and/or from continuing investments in infrastructure, both by the public and private sector. Equity and Equity related securities - 90% - 0% Debt, Securitised Debt and Money market securities - 0% - % ADR, GDR and Foreign securities - 0% - 25% Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Exit load: Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. June 11, 2004 NAV AS ON Growth - ` Growth - ` , Cr. 7

10 Technology.com M Suryanarayanan Total work experience of 7 years. Managing this Scheme since July 2015 Name of Instrument Rating/Industry Quantity Market value Sectoral Allocation Software 92.44% Trading 3.42% Telecom - Services 0.08% Cash & Equivalent 4.06% An Open Ended growth Scheme, seeking to generate long term capital appreciation, and whose secondary objective is income generation and the distribution of dividend from a portfolio constituted of equity and equity related securities concentrating on the investment focus of the Scheme. Equity & Equity related securities: 80% - 0% Fixed Income securities (Debt* & Money market securities) : 0% - 20%. * Debt securities/instruments are deemed to include securitised debts Normally within 3 Business Days from acceptance of redemption request. EQUITY & EQUITY RELATED 1 Infosys Software 228,734 2, % 2 Tata Consultancy Services Software 55,961 1, % 3 HCL Technologies Software 82, % 4 Tech Mahindra Software 115, % 5 Majesco Software 157, % 6 Zensar Technologies Software 41, % 7 Oracle Financial Services Software Software 7, % 8 Redington (India) Trading 243, % 9 Just Dial Software 20, % MindTree Software 16, % 11 Wipro Software 31, % 12 Accelya Kale Solutions Software 14, % 13 CMC Software 7, % 14 Persistent Systems Software 22, % 15 Info Edge (India) Software 16, % 16 Cyient Software 15, % 17 City Online Services Ltd Telecom - Services 200, % Total 8, % 18 CBLO / Reverse Repo Investments % Total % PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available (RP & DP) Net Receivables/Payables % Total % GRAND TOTAL 8, % Notes: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.97% DP: 2.43% 2. Turnover Ratio (Last 12 months): Since Inception Ratios: 1. Standard Deviation: 27.84% 2. Beta: R-Squared: 83.03% 4. Sharpe Ratio: Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Exit load: Holding : < 12 months: 1% >= 12 months: Nil May 16, 2000 NAV AS ON Growth - ` Growth - ` Cr. 8

11 Small and Mid Cap Name of Instrument Rating/Industry Quantity Market value (` lakh) EQUITY & EQUITY RELATED 1 Hindustan Petroleum Corporation Petroleum Products 1,244,248 11, % 2 Techno Electric & Engineering Company Construction Project 1,916,867, % 3 SRF Textile Products 704,291 9, % 4 Ashok Leyland Auto,482,771 8, % 5 SKS Microfinance Finance 1,314,054 7, % 6 Arvind Textile Products 2,206,706 7, % 7 Bayer Cropscience Pesticides 162,601 6, % 8 Sadbhav Engineering Construction Project 1,849,815 5, % 9 Kotak Mahindra Bank Banks 821,221 5, % Glenmark Pharmaceuticals Pharmaceuticals 548,896 5, % 11 IPCA Laboratories Pharmaceuticals 725,951 4, % 12 Multi Commodity Exchange of India Finance 4,900 4, % 13 Gujarat State Petronet Gas 3,551,388 4, % 14 Gujarat Gas Gas 598,792 4, % 15 Atul Chemicals 329,795 4, % 16 Sterlite Technologies Industrial Products 4,000,497 4, % 17 Credit Analysis And Research Finance 270,343 3, % 18 Coromandel International Fertilisers 1,553,440 3, % 19 NCC Construction Project 4,538,869 3, % 20 State Bank of India Banks 1,327,205 3, % 21 Sterling Holiday Resorts Hotels, Resorts And Other (India) Ltd. Recreational Activities 1,380,550 3, % 22 The Federal Bank Banks 5,124,288 3, % 23 IndusInd Bank Banks 327,978 3, % 24 NIIT Software 3,761,422 3, % 25 Crompton Greaves Industrial Capital Goods 1,624,147 2, % 26 JK Cement Cement 433,686 2, % 27 Max India Finance 518,385 2, % 28 Blue Dart Express Transportation 40,034 2, % 29 Cummins India Industrial Products 269,558 2, % 30 Procter & Gamble Hygiene and Health Care Consumer Non Durables 40,859 2, % 31 Prestige Estates Projects Construction 1,150,916 2, % 32 Prism Cement Cement 2,295,993 2, % 33 Havells India Consumer Durables 868,662 2, % 34 Godrej Properties Construction 803,637 2, % 35 Exide Industries Auto Ancillaries 1,456,119 2, % 36 Indian Terrain Fashions Textile Products 316,185 2, % 37 ABB India Industrial Capital Goods 144,112 1, % 38 KPIT Technologies Software 1,768,034 1, % 39 Chennai Petroleum Corporation Petroleum Products 933,553 1, % 40 WPIL Ltd. Industrial Products 312,0 1, % 41 Persistent Systems Software 256,866 1, % 42 Bharat Electronics Industrial Capital Goods 42,740 1, % 43 Jyothy Laboratories Consumer Non Durables 558,836 1, % 44 VRL Logistics Transportation 439,0 1, % 45 Mayur Uniquoters Ltd Textile Products 384,670 1, % 46 Kaya Consumer Non Durables 88,668 1, % 47 Monsanto India Pesticides 38,376 1, % 48 Just Dial Software 7,5 1, % 49 Oriental Bank of Commerce Banks 621,643 1, % 50 Finolex Industries Industrial Products 350, % 51 HT Media Media & Entertainment 788, % 52 EID Parry India Fertilisers 399, % 53 Thomas Cook (India) Services 127, % 54 Alembic Pharmaceuticals Pharmaceuticals 26, % 55 Arvind Infrastructure Construction 2,670 - * Total 187, % DEBT INSTRUMENTS BOND & NCD's 56 Blue Dart Express ICRA AA 204, % 57 Blue Dart Express ICRA AA 153, % Total % 58 CBLO / Reverse Repo Investments 6, % Total 6, % Cash Margin % Net Receivables/Payables 1, % Total 1, % GRAND TOTAL 196, % Notes: 1. Classification of % of holdings based on Market Capitalisation: Large-Cap 24.11%, Mid-Cap 24.82%, Small-Cap 24.33%, Micro-Cap 19.47% 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.39% DP: 1.77% 3. Turnover Ratio (Last 12 months): *Less than 0.00% Since Inception Ratios: 1. Standard Deviation: 20.78% 2. Beta: R-Squared: 88.77% 4. Sharpe Ratio:0.42 Sectoral Allocation Textile Products.43% Construction Project.13% Finance 9.68% Banks 8.67% Petroleum Products 6.75% Pharmaceuticals 5.43% Industrial Products 4.83% Gas 4.61% Auto 4.51% Software 4.01% Pesticides 3.95% Industrial Capital Goods 3.41% Consumer Non Durables 2.88% Cement 2.77% Construction 2.39% Transportation 2.27% Fertilisers 2.22% Chemicals 2.13% Hotels, Resorts And Other Recreational Activities 1.82% Consumer Durables 1.23% Auto Ancillaries 1.08% Media & Entertainment 0.35% Services 0.15% Debt Instruments 0.02% Cash & Equivalent 4.28% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Vinit Sambre Total work experience of 16 years. Managing this Scheme since July 2012 An Open ended equity growth scheme, primarily seeking to generate long term capital appreciation from a portfolio substantially constituted of equity and equity related securities, which are not part of top 0 stocks by market capitalization. From time to time, the Investment Manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. Equity and equity related securities which are: 1. (A) not part of top 0 stocks by market cap: 65% - 0%, (B) in the top 0 stocks by market cap: 0% - 35%; Of 1(A) & 1(B), investments in ADRs, GDRs & foreign securities: 0% - 25%; 2. Debt and Money Market Securities: 0% - %. Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Exit load: Holding period <18 months: 1% Holding period >=18 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. Nov 14, 2006 NAV AS ON Growth - ` Growth - ` , Cr. 9

12 Tax Saver Rohit Singhania Total work experience of 14 years. Managing this Scheme since July 2015 An Open ended equity linked savings scheme, whose primary investment objective is to seek to generate medium to longterm capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors avail of a deduction from total income, as permitted under the Income Tax Act,1961 from time to time. Equity and equity related securities: 80% to 0% Of above, investments in ADRs, GDRs and foreign equity securities: 0% to 20% Debt, securitised debt* and money market securities: 0% to 20% * Exposure to securitised debt will not exceed % of the net assets of the Scheme. Normally within 3 Business Days from acceptance of redemption request (subject to completion of the 3 year Lock-in ). PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Repurchase of Units only after completion of 3 year lock-in period Minimum investment and minimum additional purchase (RP & DP) ` 500/- and any amount thereafter Options available: (RP & DP) Entry load : Not Applicable Exit load: Not Applicable Jan 18, 2007 NAV AS ON Growth - ` Growth - ` , Cr. Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 HDFC Bank Banks 774,977 8, % 2 Hindustan Petroleum Corporation Petroleum Products 697,241 6, % 3 Larsen & Toubro Construction Project 339,518 6, % 4 Infosys Software 478,558 5, % 5 Maruti Suzuki India Auto 114,131 4, % 6 Bharat Petroleum Corporation Petroleum Products 5,922 4, % 7 IndusInd Bank Banks 480,180 4, % 8 ICICI Bank Banks 1,490,133 4, % 9 State Bank of India Banks 1,588,999 4, % Tata Consultancy Services Software 162,446 4, % 11 Axis Bank Banks 687,000 3, % 12 United Spirits Consumer Non Durables 83,008 3, % 13 Torrent Pharmaceuticals Pharmaceuticals 205,280 2, % 14 Motherson Sumi Systems Auto Ancillaries 673,425 2, % 15 Tata Motors - A Class Auto 886,704 2, % 16 Bajaj Finance Finance 40,941 2, % 17 SRF Textile Products 133,005 1, % 18 UltraTech Cement Cement 58,426 1, % 19 Coromandel International Fertilisers 719,490 1, % 20 IPCA Laboratories Pharmaceuticals 256,127 1, % 21 Gujarat Gas Gas 226,625 1, % 22 Glenmark Pharmaceuticals Pharmaceuticals 160,790 1, % 23 Solar Industries India Chemicals 41,084 1, % 24 Cummins India Industrial Products 158,400 1, % 25 Procter & Gamble Hygiene and Health Care Consumer Non Durables 23,947 1, % 26 Eicher Motors Auto 7,975 1, % 27 Atul Chemicals 117,488 1, % 28 Gujarat State Petronet Gas 1,079,907 1, % 29 HCL Technologies Software 134,604 1, % 30 Mayur Uniquoters Ltd Textile Products 305,323 1, % 31 Reliance Industries Petroleum Products 113,737 1, % 32 Shree Cements Cement 9,889 1, % 33 Kajaria Ceramics Construction 151,363 1, % 34 Thomas Cook (India) Services 496,578 1, % 35 Balmer Lawrie & Company Transportation 167,606 1, % 36 Finolex Cables Industrial Products 412,733 1, % 37 Bayer Cropscience Pesticides 26,031 1, % 38 Dr. Reddy's Laboratories Pharmaceuticals 23, % 39 Arvind Textile Products 281, % 40 CMC Software 46, % 41 Union Bank of India Banks 488, % 42 Bank of Baroda Banks 475, % 43 Max India Finance 151, % 44 Supreme Industries Industrial Products 130, % 45 Vinati Organics Chemicals 144, % 46 CRISIL Finance 37, % 47 Strides Arcolab Pharmaceuticals 59, % 48 Castrol India Petroleum Products 154, % 49 Blue Dart Express Transportation, % 50 Gujarat Pipavav Port Transportation 291, % 51 SKS Microfinance Finance 8, % 52 Somany Ceramics Construction 166, % 53 MBL Infrastructures Construction 205, % 54 Cadila Healthcare Pharmaceuticals 30, % 55 Repco Home Finance Finance 79, % 56 Siemens Industrial Capital Goods 32, % 57 Wim Plast Ltd. Industrial Products 21, % 58 Arvind Infrastructure Construction 28,181 - * Total 114, % DEBT INSTRUMENTS BOND & NCD's 59 Blue Dart Express ICRA AA 58, % 60 Blue Dart Express ICRA AA 43, * Total % 61 CBLO / Reverse Repo Investments 2, % Total 2, % Net Receivables/Payables (145.02) (0.14%) Total (145.02) (0.14%) GRAND TOTAL 117, % Note: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.49% DP: 1.96% 2. Turnover Ratio (Last 12 months): *Less than 0.00% Since Inception Ratios: 1. Standard Deviation: 21.17% 2. Beta: R-Squared: 92.59% 4. Sharpe Ratio: 0.34 Sectoral Allocation Banks 23.72% Petroleum Products 11.15% Software 9.80% Auto 7.49% Pharmaceuticals 7.36% Construction Project 5.19% Finance 4.31% Consumer Non Durables 3.93% Textile Products 3.42% Industrial Products 3.34% Chemicals 3.33% Gas 2.64% Cement 2.53% Transportation 2.% Auto Ancillaries 2.00% Construction 1.99% Fertilisers 1.50% Services 0.95% Pesticides 0.89% Industrial Capital Goods 0.40% Debt Instruments 0.01% Cash & Equivalent 1.95% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day.

13 Micro Cap Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 Indoco Remedies Pharmaceuticals 2,913,658 9, % 2 SRF Textile Products 675,233 9, % 3 K.P.R. Mill Textile Products 1,182,441 9, % 4 DCB Bank Banks 6,353,607 8, % 5 Eveready Industries India Consumer Non Durables 2,350,187 7, % 6 Sharda Cropchem Pesticides 2,227,174 7, % 7 Solar Industries India Chemicals 164,230 6, % 8 SKS Microfinance Finance 1,080,579 6, % 9 Finolex Cables Industrial Products 2,426,561 6, % Repco Home Finance Finance 866,235 5, % 11 Aarti Industries Chemicals 1,406,788 5, % Navin Fluorine International 12 Chemicals 446,712 5, % 13 Kalpataru Power Transmission Power 2,025,716 5, % 14 Atul Chemicals 392,356 4, % 15 Capital First Finance 1,144,615 4, % 16 Chambal Fertilizers & Chemicals Fertilisers 6,996,338 4, % 17 Siti Cable Network Media & Entertainment 11,754,575 4, % 18 CEAT Auto Ancillaries 448,911 4, % 19 Mayur Uniquoters Ltd Textile Products 983,413 4, % 20 Welspun Corp Ferrous Metals 2,611,240 3, % 21 Essel Propack Industrial Products 2,439,660 3, % 22 APL Apollo Tubes Ferrous Metals 812,839 3, % 23 Symphony Consumer Durables 204,230 3, % 24 Astral Poly Technik Industrial Products 881,118 3, % 25 Finolex Industries Industrial Products 1,173,301 3, % 26 IPCA Laboratories Pharmaceuticals 439,519 2, % 27 WABCO India Auto Ancillaries 48,759 2, % 28 JK Lakshmi Cement Cement 863,134 2, % 29 Kennametal India Ltd. Industrial Capital Goods 359,184 2, % 30 Swaraj Engines Industrial Products 308,981 2, % 31 Siyaram Silk Mills Textile Products 221,697 2, % 32 Cera Sanitaryware Construction 132,027 2, % 33 Maharashtra Seamless Ferrous Metals 1,404,879 2, % 34 NIIT Technologies Software 528,404 2, % 35 Triveni Turbine Industrial Capital Goods 1,983,616 2, % 36 8K Miles Software Services Software 303,529 2, % 37 Somany Ceramics Construction 656,068 2, % 38 Aarti Drugs Pharmaceuticals 342,962 2, % 39 Manappuram Finance Finance 8,723,343 2, % 40 Kewal Kiran Clothing Textile Products 97,253 2, % 41 MBL Infrastructures Construction 717,634 2, % 42 KSB Pumps Industrial Products 317,893 1, % 43 NRB Bearing Industrial Products 1,665,233 1, % 44 Excel Crop Care Pesticides 211,367 1, % 45 KNR Constructions Construction 287,556 1, % 46 Kirloskar Ferrous Industries Ltd. Ferrous Metals 2,574,095 1, % 47 Disa India Ltd. Industrial Products 36,763 1, % 48 Suprajit Engineering Auto Ancillaries 1,036,718 1, % 49 J.Kumar Infraprojects Construction 186,032 1, % 50 Chennai Petroleum Corporation Petroleum Products 699,357 1, % 51 City Union Bank Banks 1,250,000 1, % 52 Fiem Industries Auto Ancillaries 175,000 1, % 53 Strides Arcolab Pharmaceuticals 84,916 1, % 54 Automobile Corporation of Goa Ltd. Auto 175, % 55 Sun Pharma Advanced Research Company Pharmaceuticals 199, % 56 Indian Bank Banks 588, % 57 Ratnamani Metals & Tubes Ferrous Metals 136, % 58 Career Point Diversified Consumer Services 284, % Total 205, % 59 CBLO / Reverse Repo Investments 8, % Total 8, % Net Receivables/Payables (12.30) 0.03% Total (12.30) 0.03% GRAND TOTAL 213, % Note: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.41% DP: 1.71% 2. Classification of % of holdings based on Market Capitalisation: Large-Cap 0.00%, Mid-Cap 8.06%, Small-Cap 16.62%, Micro-Cap 71.30%. 3. Turnover Ratio (Last 12 months): 0.25 Since Inception Ratios: 1. Standard Deviation: 28.92% 2. Beta: R-Squared: 91.48% 4. Sharpe Ratio: 0.39 Sectoral Allocation Textile Products 12.80% Industrial Products 11.57% Chemicals.77% Finance 9.06% Pharmaceuticals 8.07% Ferrous Metals 5.79% Banks 4.89% Construction 4.75% Auto Ancillaries 4.51% Pesticides 4.42% Consumer Non Durables 3.62% NAV AS ON Growth - ` Growth - ` Power 2.57% Industrial Capital Goods 2.52% Software 2.35% Fertilisers 1.98% Media & Entertainment 1.96% Consumer Durables 1.65% Cement 1.36% Petroleum Products 0.63% Auto 0.46% Diversified Consumer Services 0.21% Cash & Equivalent 4.06% Investors are requested to note that with effect from October 1, 2014, no fresh purchase/additional purchase/switch ins/ STP-ins/ SIP-ins amounting to more than Rs. 2 Lakh (Rupees Two Lakh) shall be accepted under any plan of the Scheme. Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. The suspension of aforesaid transactions will continue till issuance of further notice. Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Vinit Sambre Total work experience of 16 years. Managing this Scheme since June 20. Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this Scheme since March An open ended diversified equity growth scheme seeking to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities, which are not part of the top 300 companies by market capitalisation. From time to time, the Investment Manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. 1 (a) Equity and equity related securities which are not part of the top 300 stocks by market capitalization: 65% - 0%, 1 (b) Equity and equity related securities which are in the top 300 stocks by market capitalization: 0% - 35% of 1 (a) & (b) above, investments in ADRs, GDRs and foreign securities: 0% - 25% 2. Debt* and Money Market Securities: 0% - 35% *Debt Instruments may include securitised debts up to % of the net assets of the Scheme. Normally within Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Exit load: Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. Jun 14, , Cr. 11

14 Focus 25 Harish Zaveri Total work experience of 20 years. Managing this Scheme since December 2014 Jay Kothari (dedicated fund manager for managing overseas investments) Total work experience of 12 years. Managing this Scheme since March (a) Equity and equity related securities, which are amongst the top 200 companies by market capitalization* - 65% - 0%; 1(b) Equity and equity related securities, which are beyond the top 200 companies by market capitalization 0% - 20%; Of 1(a) and 1(b) above, investments in ADRs, GDRs and foreign securities 0% - 25%; 2. Debt securities, money market securities and cash and cash equivalents 0% - 35%. *The portfolio will largely consist of companies, which are amongst the top 200 companies by market capitalisation. The portfolio will limit exposure to companies beyond the top 200 companies by market capitalization to 20% of the net asset value. The Scheme will also have at least 95% of the invested amount (excluding investments in debt securities, money market securities and cash and cash equivalents) across the top 25 holdings in the portfolio. Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available (RP & DP) Exit load: Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at com for further details. Jun, 20 The primary investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities including equity derivatives. The portfolio will largely consist of companies, which are amongst the top 200 companies by market capitalisation. The portfolio will limit exposure to companies beyond the top 200 companies by market capitalization upto 20% of the net asset value. The Scheme will normally hold equity and equity-related securities including equity derivatives, of upto 25 companies. Further, the Scheme will also have at least 95% of the invested amount (excluding investments in debt securities, money market securities and cash and cash equivalents) across the top 25 holdings in the portfolio. The Scheme may also invest in debt and money market securities, for defensive considerations and/ or for managing liquidity requirements. There can be no assurance that the investment objective of the Scheme will be realized. Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 HDFC Bank Banks 356,533 3, % 2 Bharat Petroleum Corporation Petroleum Products 407,821 3, % 3 Maruti Suzuki India Auto 79,990 3, % 4 State Bank of India Banks 1,250,383 3, % 5 Max India Finance 549,125 3, % 6 Larsen & Toubro Construction Project 162,023 2, % 7 Tata Consultancy Services Software 113,775 2, % 8 Britannia Industries Consumer Non Durables 86,171 2, % 9 IndusInd Bank Banks 271,275 2, % Cummins India Industrial Products 257,093 2, % 11 Axis Bank Banks 440,731 2, % 12 UltraTech Cement Cement 60,093 1, % 13 Cadila Healthcare Pharmaceuticals 99,695 1, % 14 Reliance Industries Petroleum Products 183,861 1, % 15 Eicher Motors Auto 9,355 1, % 16 Ashok Leyland Auto 1,907,095 1, % 17 Adani Ports and Special Economic Zone Transportation 461,268 1, % 18 Tata Motors Auto 384,739 1, % 19 Gujarat Pipavav Port Transportation 618,286 1, % 20 Hero MotoCorp Auto 53,022 1, % 21 Coromandel International Fertilisers 548,282 1, % 22 Infosys Software 116,023 1, % 23 Shree Cements Cement,706 1, % 24 Gujarat Gas Gas 126, % 25 Kaya Consumer Non Durables 38, % Total 54, % 26 CBLO / Reverse Repo Investments 1, % Total 1, % Net Receivables/Payables (790.85) (1.44%) Total (790.85) (1.44%) GRAND TOTAL 54, % Note: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.86% DP: 2.18% 2. Turnover Ratio (Last 12 months): 1.01 Since Inception Ratios: 1. Standard Deviation: 15.89% 2. Beta: R-Squared: 85.36% 4. Sharpe Ratio: 0.27 Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Sectoral Allocation Banks 22.99% Auto 17.92% Petroleum Products.32% Software 7.55% Consumer Non Durables 6.% Cement 5.73% Finance 5.54% NAV AS ON Growth - ` Growth - ` Transportation 5.43% Construction Project 5.33% Industrial Products 4.71% Pharmaceuticals 3.46% Fertilisers 2.45% Gas 1.72% Cash & Equivalent 0.75% Cr. 12

15 Natural Resources and New Energy Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 Hindustan Petroleum Corporation Petroleum Products 72, % 2 Bharat Petroleum Corporation Petroleum Products 58, % 3 Gujarat State Petronet Gas 391, % 4 Reliance Industries Petroleum Products 43, % 5 Hindustan Zinc Non - Ferrous Metals 261, % 6 Indian Oil Corporation Petroleum Products 86, % 7 Coal India Minerals/Mining 76, % 8 Castrol India Petroleum Products 62, % 9 Gujarat Gas Gas 40, % Mangalore Refinery and Petrochemicals Petroleum Products 414, % 11 Tata Steel Ferrous Metals 115, % 12 Monsanto India Pesticides 6, % 13 Indraprastha Gas Gas 41, % 14 Oil India Oil 34, % 15 Coromandel International Fertilisers 60, % 16 GAIL (India) Gas 39, % 17 National Aluminium Company Non - Ferrous Metals 364, % 18 Chennai Petroleum Corporation Petroleum Products 50, % 19 Phillips Carbon Black Chemicals 62, % Total 5, % 20 CBLO / Reverse Repo Investments % Total % Net Receivables/Payables % Total % GRAND TOTAL 5, % Notes: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.95% DP: 2.48% 2. Turnover Ratio (Last 12 months): 1.33 Since Inception Ratios: 1. Standard Deviation: 19.95% 2. Beta: R-Squared: 58.04% 4. Sharpe Ratio: 0.06 Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Sectoral Allocation Petroleum Products 46.86% Gas 19.84% Non - Ferrous Metals 9.32% Minerals/Mining 5.81% Ferrous Metals 4.92% NAV AS ON Growth - ` Growth - ` Pesticides 3.73% Oil 2.54% Fertilisers 2.52% Chemicals 1.44% Cash & Equivalent 3.02% Rohit Singhania Total work experience of 14 years. Managing this Scheme since July 2012 Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this Scheme since March An Open ended equity growth Scheme seeking to generate long term capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose predominant economic activity is in the: (a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc; (b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. The Scheme will also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/ or the units/shares of BlackRock Global s New Energy, BlackRock Global s World Energy and similar other overseas mutual fund schemes. 1. Equity and Equity related Securities of companies domiciled in India, and principally engaged in the discovery, development, production or distribution of Natural Resources and Alternative Energy: 65% - 0%, 2. (a) Equity and Equity related Securities of companies domiciled overseas, and principally engaged in the discovery, development, production or distribution of Natural Resources and Alternative Energy (b) Units/Shares of (i) BGF New Energy (ii) BGF World Energy and (iii) Similar other overseas mutual fund schemes: 0% - 35% 3. Debt and Money Market Securities: 0% - 20% Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Exit load: Holding : < 12 months: 1% >= 12 months: Nil Apr 25, Cr. 13

16 World Gold Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this scheme since March Units of BGF WGF # or other similar overseas mutual fund scheme(s): 90% to 0%; 2. Money market securities and/ or units of money market/liquid schemes of Mutual : 0% to %. # In the shares of BGF-WGF, an Undertaking for Collective Investment in Transferable Securities (UCITS) III. Sep 14, Cr. 1 Name of Instrument Rating/Industry Quantity Market value CBLO / Reverse Repo Investments % Total % OTHERS Foreign Securities 2 BlackRock Global s - World Gold (Class I2 USD 1,295,717 17, % Shares)^^ Total 17, % Net Receivables/Payables (51.46) (0.29%) Total (51.46) (0.29%) GRAND TOTAL 18, % Notes: 1. ^^ domiciled in Luxembourg 2. Total Expense Ratio (F.Y. beginning to date): RP: 1.74% DP: 1.33% NAV AS ON Growth - ` Growth - ` An open ended of s scheme seeking to generate capital appreciation by investing predominantly in units of BlackRock Global s - World Gold (BGF-WGF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (DP & RP) Exit Load : Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at com for further details. Normally within 5 Business Days from acceptance of redemption request Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. World Mining Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this scheme since March Units of BGF WMF # or other similar overseas mutual fund scheme(s): 80% to 0%; 2. Money market securities and/ or units of money market/liquid schemes of Mutual : 0% to 20%. # In the shares of BGF WMF, an Undertaking for Collective Investment in Transferable Securities (UCITS) III fund. Dec 29, Cr. Name of Instrument Rating/Industry Quantity Market value 1 CBLO / Reverse Repo Investments % Total % OTHERS Foreign Securities 2 BlackRock Global s - World Mining (Class I2 USD 44, % Shares)^^ Total % Net Receivables/Payables % Total % GRAND TOTAL % Notes: 1. ^^ domiciled in Luxembourg 2. Total Expense Ratio (F.Y. beginning to date): RP: 1.72% DP: 1.25% NAV AS ON Growth - ` Growth - ` The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global s World Mining (BGF-WMF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of Mutual, in order to meet liquidity requirements from time to time. There is no assurance that the investment objective of the Scheme will be realised. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (DP & RP) Exit Load : Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at com for further details. Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Normally within 5 Business Days from acceptance of redemption request 14

17 World Energy Name of Instrument Rating/Industry Quantity Market value 1 CBLO / Reverse Repo Investments % Total % 2 3 OTHERS Foreign Securities BlackRock Global s - World Energy (Class I2 USD Shares)^^ 151,322 1, % BlackRock Global s - New Energy (Class I2 USD Shares)^^ 94, % Total 2, % Net Receivables/Payables % Total % GRAND TOTAL 2, % Notes: 1. ^^ domiciled in Luxembourg 2. Total Expense Ratio (F.Y. beginning to date): RP: 1.76% DP: 1.50% NAV AS ON Growth - ` Growth - ` Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. An open ended of s Scheme seeking to generate capital appreciation by investing predominantly in the units of BlackRock Global s- World Energy (BGF-WEF) and BlackRock Global s- New Energy (BGF-NEF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market liquid Schemes of DSPBRMF, in order to meet liquidity requirements from time to time. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (DP & RP) Exit Load : Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at com for further details. Normally within 5 Business Days from acceptance of redemption request Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this scheme since March Units of BGF WEF # or other similar overseas mutual fund scheme(s): 50% to 0% 2. Units of BGF NEF # or other similar overseas mutual fund scheme(s): 0% to 30% 3. Money market securities and/or units of money market/liquid schemes of Mutual : 0% to 20% # in the shares of BGF WEF and BGF NEF, Undertaking for Collective Investment in Transferable Securities (UCITS) III fund Aug 14, Cr. World Agriculture Name of Instrument Rating/Industry Quantity Market value 1 CBLO / Reverse Repo Investments % Total % OTHERS Foreign Securities 2 BlackRock Global s - World Agriculture (Class I2 USD 363,326 3, % Shares)^^ Total 3, % Net Receivables/Payables % Total % GRAND TOTAL 3, % Notes: 1. ^^ domiciled in Luxembourg 2. Total Expense Ratio (F.Y. beginning to date): RP: 1.77% DP: 1.45% NAV AS ON Growth - ` Growth - ` Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global s World Agriculture (BGF WAF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of Mutual, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realised. It shall be noted similar overseas mutual fund schemes shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF WAF. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (DP & RP) Exit Load : Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at com for further details. Normally within 5 Business Days from acceptance of redemption request Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this scheme since March Units of BGF WAF # or other similar overseas mutual fund scheme(s): 95% to 0%; 2. Money market securities and/or units of money market/liquid schemes of Mutual : 0% to 5%; # in the shares of BGF WAF, an Undertaking for Collective Investment in Transferable Securities (UCITS) III fund. Oct 19, Cr. 15

18 US Flexible* Equity Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this Scheme since March Laukik Bagwe Total work experience of 14 years. Managing this Scheme since July The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global s US Flexible Equity (BGF - USFEF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of Mutual, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. It shall be noted similar overseas mutual fund schemes shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF USFEF. The term Flexible in the name of the Scheme signifies that the Investment Manager of the Underlying can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants. Name of Instrument Rating/Industry Quantity Market value 1 CBLO / Reverse Repo Investments % Total % 2 OTHERS Foreign Securities BlackRock Global s - US Flexible Equity (Class I2 USD Shares)^^ 1,232,352 13, % Total 13, % Net Receivables/Payables (50.95) (0.38%) Total (50.95) (0.38%) GRAND TOTAL 13, % Notes 1. ^^ domiciled in Luxembourg 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.03% DP: 1.48% * The term Flexible in the name of the Scheme signifies that the Investment Manager of the Underlying can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants. Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Normally within 5 Business Days from acceptance of redemption request NAV AS ON Growth - ` Exit Load : Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at www. dspblackrock.com for further details. Growth - ` Units of BGF USFEF # or other similar overseas mutual fund scheme(s): 95% to 0% 2. Money market securities and/ or units of money market/liquid schemes of Mutual : 0% to 5% # in the shares of BGF USFEF, an Undertaking for Collective Investment in Transferable Securities (UCITS) III fund. August 03, Cr. 16

19 Global Allocation Name of Instrument Rating/Industry Quantity Market value 1 CBLO / Reverse Repo Investments % Total % 2 OTHERS Foreign Securities BlackRock Global s - Global Allocation (Class I2 USD Shares)^^ 153,670 5, % Total 5, % Net Receivables/Payables % Total % GRAND TOTAL 5, % Notes : 1. ^^ domiciled in Luxembourg 2. Total Expense Ratio (Since inception till date): RP: 1.91% DP: 1.38% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & multiple of ` 1 thereafter Options available (RP & DP) NAV AS ON Growth - `.5728 Exit load: Holding period <24 months: 1% Holding period >=24 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at www. dspblackrock.com for further details. Normally within 5 Business Days from acceptance of redemption request Growth - `.6315 Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 12 years. Managing this Scheme since August Laukik Bagwe Total work experience of 14 years. Managing this Scheme since August The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global s Global Allocation (BGF - GAF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/ liquid schemes of Mutual, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. It shall be noted similar overseas mutual fund schemes shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF GAF. Units of BGF GAF # or other similar overseas mutual fund scheme(s): 95% - 0% Money market securities and/or units of money market/liquid schemes of Mutual : 0%-5% #in the shares of BGF GAF, an Undertaking for Collective Investment in Transferable Securities (UCITS) III fund Aug 21, Cr. 17

20 Dynamic Asset Allocation Harish Zaveri (Equity) Total work experience of 20 years. Managing this Scheme since July Dhawal Dalal (Debt) Total work experience of 16 years. Managing this Scheme since February 2014 The investment objective of the Scheme is to seek capital appreciation by managing the asset allocation between specified equity mutual funds schemes and debt mutual funds schemes of Mutual. The Scheme will dynamically manage the asset allocation between the specified equity mutual funds schemes and debt mutual funds schemes of DSP BlackRock Mutual based on the relative valuation of equity and debt markets. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP BlackRock Mutual, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. 1. Units of Equity and/or Top 0 Equity and/or other specified schemes of Mutual : % - 90% 2. Units of Strategic Bond and/or Short Term and/or other specified schemes of Mutual : %-90% 3. Money market securities and/ or units of money market/liquid schemes of Mutual : 0%-%. Name of Instrument Rating/Industry Quantity Market value Note: Total Expense Ratio (F.Y. beginning to date): RP: 2.12% DP: 1.23% 1 CBLO / Reverse Repo Investments 1, % Total 1, % Mutual s Strategic Bond - Direct - Dividend 6,060,184 70, % Short Term - Direct - Dividend 184,354,481 21, % Equity - Direct - Growth 25,812,961 7, % Top0 Equity - Direct - Growth 4,030,638 6, % Money Manager - Direct - Dividend 621,692 6, % Total 112, % Net Receivables/Payables % Total % GRAND TOTAL 113, % Model recommended asset allocation # : Equity: %, Fixed Income: 90% Levels of Yield Gap /Modified Yield Gap # Reference Yield Gap: Reference Modified Yield Gap: #as on PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter. Options available: (DP & RP) Monthly Dividend NAV AS ON Growth - ` Exit Load : Holding : <= 1 year: 1% > 1 year & <= 2 years: 0.5% > 2 years: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. Growth - ` Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Normally within 5 Business Days from acceptance of redemption request Feb 06, Cr. 18

21 Balanced Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 HDFC Bank Banks 376,416 4, % 2 SRF Textile Products 268,655 3, % 3 Britannia Industries Consumer Non Durables 94,587 2, % 4 Infosys Software 194,804 2, % 5 IndusInd Bank Banks 199,364 1, % 6 Axis Bank Banks 335,117 1, % 7 Tata Motors Auto 478,294 1, % 8 LIC Housing Finance Finance 364,475 1, % 9 Sarla Performance Fibers Textiles - Synthetic 300,000 1, % IPCA Laboratories Pharmaceuticals 239,873 1, % 11 Finolex Cables Industrial Products 633,896 1, % 12 Dr. Reddy's Laboratories Pharmaceuticals 39,643 1, % 13 Larsen & Toubro Construction Project 88,059 1, % 14 Container Corporation of India Transportation 87,756 1, % 15 Cadila Healthcare Pharmaceuticals 73,121 1, % 16 SKS Microfinance Finance 228,068 1, % 17 Maruti Suzuki India Auto 28,493 1, % 18 Glenmark Pharmaceuticals Pharmaceuticals 120,246 1, % 19 Sharda Cropchem Pesticides 341,485 1, % 20 Bayer Cropscience Pesticides 29,082 1, % 21 Hindustan Petroleum Corporation Petroleum Products 123,960 1, % 22 Multi Commodity Exchange of India Finance 97,856 1, % 23 Strides Arcolab Pharmaceuticals 85,828 1, % 24 Eicher Motors Auto 5,500 1, % 25 Finolex Industries Industrial Products 361, % 26 Coromandel International Fertilisers 337, % 27 Motherson Sumi Systems Auto Ancillaries 224, % 28 Gujarat State Petronet Gas 587, % 29 Oil & Natural Gas Corporation Oil 272, % 30 Tech Mahindra Software 130, % 31 Credit Analysis And Research Finance 46, % 32 Mayur Uniquoters Ltd Textile Products 158, % 33 Phillips Carbon Black Chemicals 487, % 34 Bosch Auto Ancillaries 2, % 35 Monsanto India Pesticides 18, % 36 MindTree Software 47, % 37 Chennai Petroleum Corporation Petroleum Products 294, % 38 Prestige Estates Projects Construction 211, % 39 Bank of India Banks 242, % 40 Gujarat Gas Gas 50, % 41 Jubilant Life Sciences Pharmaceuticals 3, % 42 Crompton Greaves Industrial Capital Goods 91, % 43 Persistent Systems Software 23, % Total 53, % Unlisted 44 SIP Technologies & Export Software 52,521 - * Total - * DEBT INSTRUMENTS BOND & NCD's 45 Punjab National Bank CRISIL AAA 250 2, % 46 Indian Overseas Bank CARE A 250 2, % 47 Piramal Enterprises ICRA AA 194 1, % 48 IDFC ICRA AAA 1 1, % 49 NTPC CRISIL AAA 0 1, % 50 Housing Development Finance CRISIL AAA Corporation % 51 Fullerton India Credit Company Ltd ICRA AA % 52 GAIL (India) CARE AAA % 53 IDFC ICRA AAA % 54 Rural Electrification Corporation CRISIL AAA % 55 Bajaj Finance ICRA AA % 56 JM Financial Credit Solutions ICRA AA % 57 Rural Electrification Corporation CRISIL AAA % 58 Cholamandalam Investment and Finance Company ICRA AA % 59 Tata Motors CARE AA % 60 Rural Electrification Corporation CRISIL AAA % 61 HDB Financial Services CARE AAA % 62 IDFC ICRA AAA % 63 Tata Motors Finance CRISIL AA % Total 12, % CENTRAL GOVERNMENT SECURITIES % GOI SOV 2,500,000 2, % % GOI SOV 2,500,000 2, % % GOI SOV 1,500,000 1, % % GOI SOV 200, % Total 6, % 68 CBLO / Reverse Repo Investments 5, % Total 5, % Cash Margin % Net Receivables/Payables (1,925.07) (2.54%) Total (1,917.66) (2.53%) GRAND TOTAL 76, % Notes : 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.76% DP: 2.09% 3. Turnover Ratio (Last 12 months - Equity Securities): *Less than 0.00% Sectoral Allocation Banks 11.01% Pharmaceuticals 9.40% Finance 6.42% Textile Products 5.72% Auto 5.37% Software 4.61% Consumer Non Durables 3.89% Pesticides 3.83% Industrial Products 3.41% Textiles - Synthetic 2.31% Petroleum Products Computed on the invested amount for debt portfolio Construction Project 2.06% Transportation 1.88% Auto Ancillaries 1.85% Gas 1.48% Fertilisers 1.07% Oil 0.97% Chemicals 0.84% Construction 0.61% Industrial Capital Goods 0.22% Debt instruments 25.76% Cash & Equivalent 5.06% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Vinit Sambre Total work experience of 16 years. Managing this Scheme since December Dhawal Dalal (Debt) Total work experience of 16 years. Managing this Scheme since November 2012 An Open Ended balanced Scheme, seeking to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities). Equity & equity related securities : 65% - 75%. Fixed income securities (Debt securities, Securitised debt & Money market securities): 25% - 35%. Normally within 3 Business Days from acceptance of redemption request PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Quaterly Dividend Exit load: Holding : < 12 months: 1%; >= 12 months: Nil May 27, 1999 NAV AS ON Growth - ` Growth - ` Cr. AVERAGE 5.34 years MODIFIED 3.48 years PORTFOLIO 8.35% 19

22 MIP # Dhawal Dalal (Debt) Total work experience of 16 years. Managing this Scheme since November 2012 Harish Zaveri (Equity) Total work experience of 20 years. Managing this Scheme since July 2015 An Open Ended Income Scheme, seeking to generate income, consistent with prudent risk, from a portfolio which is substantially constituted of quality debt securities. The scheme will also seek to generate capital appreciation by investing a smaller portion of its corpus in equity and equity related securities of issuers domiciled in India. *Debt and Money Market Securities 75% - 0% Equity and Equity Related Securities 0% - 25% *Debt securities may include securitised debts upto 50% of the net assets Normally within 2 Business Days from acceptance of redemption request PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Monthly Dividend Quarterly Dividend Exit load: Holding : < 12 months: 2% >= 12 months and < 24 months: 1% >= 24 months and < 36 months: 0.50% >= 36 months: Nil The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. Jun 11, Cr. AVERAGE 6.56 years MODIFIED 4.48 years PORTFOLIO 8.41% Name of Instrument Rating/Industry Quantity Market value EQUITY & EQUITY RELATED 1 HDFC Bank Banks 74, % 2 Hindustan Petroleum Corporation Petroleum Products 82, % 3 Maruti Suzuki India Auto 17, % 4 IndusInd Bank Banks 68, % 5 LIC Housing Finance Finance 120, % 6 Cadila Healthcare Pharmaceuticals 28, % 7 ICICI Bank Banks 177, % 8 Max India Finance 92, % 9 Sarla Performance Fibers Textiles - Synthetic 70, % IPCA Laboratories Pharmaceuticals 54, % 11 Coromandel International Fertilisers 148, % 12 Glenmark Pharmaceuticals Pharmaceuticals 34, % 13 Larsen & Toubro Construction Project 19, % 14 Container Corporation of India Transportation 20, % 15 UltraTech Cement Cement, % 16 Divi's Laboratories Pharmaceuticals 15, % 17 Gujarat State Petronet Gas 209, % 18 Hero MotoCorp Auto 9, % 19 Tata Motors Auto 62, % 20 Bharti Airtel Telecom - Services 57, % 21 Strides Arcolab Pharmaceuticals 17, % 22 Oil & Natural Gas Corporation Oil 60, % 23 Vedanta Non - Ferrous Metals 121, % 24 Credit Analysis And Research Finance, % 25 Multi Commodity Exchange of India Finance 12, % 26 Finolex Industries Industrial Products 48, % 27 Tech Mahindra Software 16, % 28 Astra Microwave Products Telecom - Equipment & Accessories 61, % 29 Castrol India Petroleum Products 12, % Total, % DEBT INSTRUMENTS BOND & NCD's 30 Tata Steel CARE AA , % 31 Piramal Enterprises ICRA AA 250 2, % 32 Punjab National Bank CRISIL AAA 250 2, % 33 Fullerton India Credit Company Ltd ICRA AA , % 34 JM Financial Credit Solutions ICRA AA , % 35 Export-Import Bank of India CRISIL AAA 0 1, % 36 Rural Electrification Corporation CRISIL AAA 0 1, % 37 LIC Housing Finance CRISIL AAA % 38 Hindustan Organic Chemicals ICRA AAA % 39 Shriram Transport Finance Company CRISIL AA+ 40, % 40 LIC Housing Finance CRISIL AAA % 41 NTPC CRISIL AAA 1,736, % #Monthly income is not assured and is subject to availability of distributable surplus. 42 LIC Housing Finance CRISIL AAA % 43 IDFC ICRA AAA % 44 Housing Development Finance CRISIL AAA Corporation % 45 Blue Dart Express ICRA AA 687, % 46 Ashok Leyland ICRA AA % 47 IDFC ICRA AAA % Total 16, % CENTRAL GOVERNMENT SECURITIES % GOI SOV 6,000,000 6, % % GOI SOV 3,000,000 3, % % GOI SOV 2,500,000 2, % % GOI SOV 2,500,000 2, % Total 14, % 52 CBLO / Reverse Repo Investments 1, % Total 1, % Net Receivables/Payables % Total % GRAND TOTAL 43, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.51% DP: 1.97% Sectoral Allocation Banks 4.66% Pharmaceuticals 4.% Finance 3.25% Auto 2.85% Petroleum Products 1.89% Textiles - Synthetic 0.96% Fertilisers 0.83% Construction Project 0.79% Transportation 0.76% Cement 0.74% NAV AS ON Growth - ` Growth - ` Computed on the invested amount for debt portfolio Gas 0.63% Telecom - Services 0.55% Oil 0.38% Non - Ferrous Metals 0.36% Industrial Products 0.31% Software 0.21% Telecom - Equipment & Accessories 0.18% Debt instruments 70.64% Cash & Equivalent 5.91% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. 20

23 Liquidity Name of Instrument Rating/Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's Listed / awaiting listing on the stock exchanges 1 Fullerton India Credit Company Ltd ICRA AA , % Total 2, % Certificate of Deposit 2 Bank of India CRISIL A1+ 30,000 29, % 3 IDBI Bank CRISIL A1+ 20,000 19, % 4 State Bank of Bikaner and Jaipur CARE A1+ 20,000 19, % 5 Dena Bank CRISIL A1+,000 9, % 6 Punjab & Sind Bank ICRA A1+,000 9, % 7 Punjab & Sind Bank ICRA A1+,000 9, % 8 Punjab & Sind Bank ICRA A1+,000 9, % 9 Punjab & Sind Bank ICRA A1+ 9,500 9, % UCO Bank CRISIL A1+ 7,500 7, % 11 Punjab & Sind Bank ICRA A1+ 5,000 4, % 12 UCO Bank CRISIL A1+ 5,000 4, % 13 Bank of India CRISIL A1+ 5,000 4, % 14 FirstRand Bank CRISIL A1+ 5,000 4, % 15 Bank of India CRISIL A1+ 4,500 4, % 16 Allahabad Bank ICRA A1+ 2,500 2, % 17 Dena Bank CRISIL A1+ 2,500 2, % 18 Corporation Bank CRISIL A1+ 2,500 2, % 19 The South Indian Bank CARE A1+ 2,500 2, % Total 160, % Commercial Paper 20 Export-Import Bank of India CRISIL A1+ 5,900 29, % 21 Axis Finance IND A1+ 5,000 24, % 22 National Bank for Agriculture and Rural Development CRISIL A1+ 5,000 24, % 23 Housing Development Finance Corporation ICRA A1+ 4,600 22, % 24 Hinduja LeyLand Finance CARE A1+ 4,000 19, % 25 Adani Transmission IND A1+ 4,000 19, % 26 Sun Pharmaceuticals Industries ICRA A1+ 3,000 14, % 27 Adani Enterprises BWR A1+ 3,000 14, % 28 India Infoline Finance ICRA A1+ 3,000 14, % 29 Reliance Jio Infocomm CARE A1+ 2,000 9, % 30 National Bank for Agriculture and Rural Development CRISIL A1+ 2,000 9, % 31 Housing and Urban Development Corporation Ltd. IND A1+ 2,000 9, % 32 Export-Import Bank of India CRISIL A1+ 2,000 9, % 33 Hero Fincorp CRISIL A1+ 2,000 9, % 34 Piramal Enterprises ICRA A1+ 2,000 9, % 35 Steel Authority of India IND A1+ 2,000 9, % 36 Power Finance Corporation CRISIL A1+ 2,000 9, % 37 Rural Electrification Corporation CARE A1+ 2,000 9, % 38 Deutsche Investments India Private CRISIL A1+ 2,000 9, % 39 India Infoline Finance ICRA A1+ 2,000 9, % 40 National Bank for Agriculture and Rural Development CRISIL A1+ 1,500 7, % 41 JM Financial Credit Solutions ICRA A1+ 1,500 7, % 42 Housing Development Finance Corporation ICRA A1+ 1,000 4, % 43 Murugappa Holdings ICRA A1+ 1,000 4, % 44 Adani Enterprises BWR A1+ 1,000 4, % 45 Aditya Birla Housing Finance ICRA A1+ 1,000 4, % 46 Cargill India Pvt. Ltd. ICRA A , % 47 JM Financial Credit Solutions ICRA A , % 48 Redington (India) ICRA A , % 49 Housing Development Finance Corporation ICRA A , % 50 Network18 Media & Investments ICRA A , % 51 Network18 Media & Investments ICRA A , % 52 Capital First CARE A , % 53 Deepak Fertilizers and Petrochemicals Corporation CARE A , % Total 353, % Treasury Bill DAY T-BILL SOV 15,000,000 14, % DAY T-BILL SOV 6,500,000 6, % DAY T-BILL SOV 3,679,000 3, % DAY T-BILL SOV 2,873,250 2, % DAY T-BILL SOV 500, % Total 28, % 59 CBLO / Reverse Repo Investments 15, % Total 15, % Fixed Deposit 60 HDFC Bank Unrated 30, % Total 30, % Net Receivables/Payables % Total % GRAND TOTAL 590, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 2. Total Expense Ratio (F.Y. beginning to date): IP: 0.15% RP: 0.26% DP: 0.03% Rating Profile of the of the Scheme CASH & CASH EQUIVALENT/FDs 7.79% SOV 4.76% AA+ 0.37% NAV AS ON Institutional Plan Growth - ` Growth - ` A % Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Laukik Bagwe Total work experience of 14 years. Managing this Scheme since June 20. An Open Ended Income (Liquid) Scheme, seeking to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. Money market securities and/or Debt securities* with maturity of 91 days 80% - 0%; (*Debt securities may include securitised debts upto 30% of the net assets.) Normally within 1 Business Day from acceptance of redemption request. PLANS: INSTITUTIONAL PLAN (IP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (IP & DP) ` 1,000/- & any amount thereafter Options available: (IP & DP) Weekly Dividend Daily Dividend Reinvest Exit load: Nil Mar 11, , Cr. AVERAGE MATURITY 0.09 years MODIFIED DURATION 0.08 years PORTFOLIO YTM 7.73% 21

24 Money Manager Laukik Bagwe Total work experience of 14 years. Managing this Scheme since March 2013 An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. Money market securities and/ or debt securities* with residual maturity of less than or equal to 6 months: 80% - 0%; Money market and/or debt securities* with residual maturity of greater than 6 months: 0% - 20%; *Debt securities may include securitised debts up to 50% of the net assets.the weighted average maturity of the Scheme will be less than or equal to 6 months. The weighted average maturity will be reckoned on: (a) Maturity date for fixed rate securities; (b) Interest reset date or repricing date for floating rate securities. Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options/ Sub Options available: (RP & DP) Weekly Dividend Monthly Dividend Daily Dividend Reinvest Exit load: Nil Jul 31, , Cr. AVERAGE MATURITY 0.36 years MODIFIED DURATION 0.33 years PORTFOLIO YTM 8.57% Name of Instrument Rating/Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's 1 Sun Pharmaceuticals Industries CARE AAA 900 9, % 2 JM Financial Products CRISIL AA , % 3 Piramal Enterprises ICRA AA 500 4, % 4 Shriram Transport Finance Company CRISIL AA+ 250,000 2, % 5 Hero Fincorp CRISIL AA , % 6 Sundaram BNP Paribas Home Finance CARE AA , % 7 Housing Development Finance Corporation CRISIL AAA % 8 LIC Housing Finance CRISIL AAA % 9 Shriram Transport Finance Company CARE AA % IDFC ICRA AAA % Total 26, % Unlisted 11 Samvardhana Motherson International BWR A , % Total 17, % CENTRAL GOVERNMENT SECURITIES % GOI FRB SOV 7,000,000 6, % Total 6, % Certificate of Deposit 13 Bank of India CRISIL A1+ 7,500 7, % 14 Canara Bank CRISIL A1+ 5,000 4, % 15 Canara Bank CRISIL A1+ 4,000 3, % 16 IDBI Bank CRISIL A1+ 2,500 2, % 17 Vijaya Bank CARE A % 18 Andhra Bank CARE A % 19 Axis Bank CRISIL A % Total 19, % Commercial Paper 20 Tata Capital Financial Services ICRA A1+ 3,000 14, % 21 Tata Realty And Infrastructure ICRA A1+ 3,000 14, % 22 Housing Development Finance Corporation ICRA A1+ 2,0, % 23 ONGC Mangalore Petrochemicals ICRA A1+ 2,000 9, % 24 IL&FS Transportation Networks CARE A1 1,500 7, % 25 IL&FS Transportation Networks CARE A1 1,0 5, % 26 IL&FS Transportation Networks CARE A1 1,000 4, % 27 Can Fin Homes ICRA A1+ 1,000 4, % 28 Peninsula Land ICRA A1 1,000 4, % 29 Housing Development Finance Corporation ICRA A1+ 1,000 4, % 30 Barclays Investments & Loans (India) ICRA A , % 31 Prism Cement ICRA A , % 32 Prism Cement ICRA A , % 33 Prism Cement ICRA A , % 34 Prism Cement ICRA A , % 35 National Bank for Agriculture and Rural Development CRISIL A , % 36 JM Financial Credit Solutions ICRA A , % 37 National Bank for Agriculture and Rural Development CRISIL A , % 38 Infrastructure Leasing & Financial Services ICRA A , % 39 Coffee Day Global CARE A , % 40 Coffee Day Global CARE A % Total 6, % Treasury Bill DAY T-BILL SOV 346, % Total % 42 CBLO / Reverse Repo Investments 11, % Total 11, % Fixed Deposit 43 HDFC Bank Unrated 12, % Total 12, % Net Receivables/Payables (9,145.55) (4.79%) Total (9,145.55) (4.79%) GRAND TOTAL 191, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 2. Total Expense Ratio (F.Y. beginning to date): IP: 0.53% RP: 0.96% DP: 0.43% Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 7.64% A+ 9.15% A % SOV 3.75% AA- 2.63% AA 2.60% AA+ 3.49% NAV AS ON Growth - ` 1, AAA 5.00% A % Growth - ` 1, Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. 22

25 Treasury Bill Name of Instrument Rating/Industry Quantity Market value Normally within 2 Business Days from acceptance of redemption request Treasury Bill DAY T-BILL SOV 1,400,000 1, % DAY T-BILL SOV 500, % DAY T-BILL SOV 500, % Total 2, % 4 CBLO / Reverse Repo Investments % Total % Net Receivables/Payables % Total % GRAND TOTAL 2, % Note: Total Expense Ratio: (F.Y. beginning to date) RP: 0.59% DP: 0.34% PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Exit Load : Nil Monthly Dividend Daily Dividend Reinvest An Open-ended Money Market Mutual Scheme in income category seeking generate income through investment in a portfolio comprising of Treasury Bills and other Central Government Securities with a residual maturity less than or equal to 1 year. Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 3.22% NAV AS ON Growth - ` Growth - ` SOV 96.78% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Dhawal Dalal Total work experience of 16 years. Managing this Scheme since March 2011 Vivek Ved Total work experience of 17 years. Managing this Scheme since March Treasury Bills issued by the Government of India, Repo/ Reverse Repo, CBLO, and any other money market instrument permitted by the RBI for deploying surplus liquidity of the scheme: 0% - 0% Sep 30, Cr. AVERAGE MATURITY 0.84 years MODIFIED DURATION 0.78 years PORTFOLIO YTM 7.51% Government Securities Name of Instrument Rating/Industry Quantity Market value PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (DP & RP) - Reinvest Dividen Monthly Dividend DEBT INSTRUMENTS CENTRAL GOVERNMENT SECURITIES % GOI SOV 11,500,000 12, % % GOI SOV 11,000,000 11, % % GOI SOV,000,000 9, % % GOI SOV 7,000,000 7, % % GOI SOV 5,000,000 5, % % GOI SOV 4,000,000 4, % Total 49, % 7 CBLO / Reverse Repo Investments 4, % Total 4, % Net Receivables/Payables % Total % GRAND TOTAL 54, % Note: Total Expense Ratio: (F.Y. beginning to date) RP: 1.35% DP: 1.% An Open Ended income Scheme, seeking to generate income through investment in Central Government Securities of various maturities. Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 8.60% NAV AS ON Growth - ` Growth - ` SOV 91.40% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Exit Load : Holding : <=7 calendar days: 0.% >7 calendar days: Nil Dhawal Dalal Total work experience of 16 years. Managing this Scheme since May 2003 Central Government Securities, repos / reverse repos in Central Government Securities as may be permitted by Reserve Bank of India : 80% - 0% Call money market or alternative investment for call money market as may be provided by the Reserve Bank of India : 0% - 20% Normally within 2 Business Days from acceptance of redemption request. Sep 30, Cr. AVERAGE MATURITY years MODIFIED DURATION 7.52 years PORTFOLIO YTM 7.93% 23

26 Short Term Marzban Irani Total work experience of 13 years. Managing this Scheme since July 2015 An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. Money market securities and/or debt securities* with residual maturity of less than or equal to 3 years: 80% - 0%. Debt securities* which have residual maturity of greater than 3 years: 0% - 20%. *Debt securities may include securitised debts up to 50% of the net assets. The weighted average maturity of the Scheme will be between 1 year and 3 years. The weighted average maturity will be reckoned on: (a) Maturity date for fixed rate securities, (b) Interest reset date or repricing date for floating rate securities. Normally within 1 Business Day from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Weekly Dividend Reinvest Monthly Dividend Reinvest Exit load: Holding period <=3 months: 0.25% Holding period >3 months: Nil Sep 9, Cr. AVERAGE MATURITY 2.38 years MODIFIED DURATION 1.86 years PORTFOLIO YTM 8.88% Name of Instrument Rating/Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's 1 JM Financial Asset Reconstruction Company Private CRISIL A+ 1,000, % 2 Power Finance Corporation CRISIL AAA 500 5, % 3 Peninsula Land ICRA A 500 5, % 4 Tata Motors CARE AA , % 5 LIC Housing Finance CRISIL AAA 500 5, % 6 Piramal Enterprises ICRA AA 500 4, % 7 Pantaloons Fashion & Retail ICRA AA 360 3, % 8 Power Grid Corporation of India CRISIL AAA 250 2, % 9 Fullerton India Credit Company Ltd ICRA AA , % Shriram Transport Finance Company CRISIL AA , % 11 IDFC ICRA AAA 250 2, % 12 Small Industries Development Bank of India CARE AAA 250 2, % 13 Piramal Enterprises ICRA AA 250 2, % 14 IDFC ICRA AAA 250 2, % 15 IDFC ICRA AAA 200 1, % 16 India Infoline Housing Finance ICRA AA 150 1, % 17 Power Finance Corporation CRISIL AAA 150 1, % 18 NHPC IND AAA % 19 Fullerton India Credit Company Ltd CARE AAA % 20 Housing Development Finance Corporation CRISIL AAA % Total 62, % Unlisted 21 Reliance Inceptum Private BWR AA , % 22 KKR India Financial Services Private CRISIL AA 15 1, % Total 6, % Securitised Debt Instruments 23 Royal Trust PTC Series A2 - May (Citibank N.A.) CRISIL AAA % Total % CENTRAL GOVERNMENT SECURITIES % GOI SOV 22,000,000 22, % Total 22, % Certificate of Deposit 25 Punjab National Bank CARE A1+,000 9, % 26 Canara Bank CRISIL A1+ 2,500 2, % Total 11, % Commercial Paper 27 National Bank for Agriculture and Rural Development CRISIL A , % Total 1, % Treasury Bill DAY T-BILL SOV 0, % Total % 29 CBLO / Reverse Repo Investments 4, % Total 4, % Net Receivables/Payables 3, % Total 3, % GRAND TOTAL 112, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND, & BWR. 2. Total Expense Ratio (F.Y. beginning to date): RP: 1.30%. DP: 0.60% Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 7.23% SOV 19.83% A 4.45% A+ 8.97% NAV AS ON Growth - ` AA 12.56% A % AA % Growth - ` AAA 21.67% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. 24

27 Banking & PSU Debt Name of Instrument Rating/ Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's 1 National Bank for Agriculture and Rural Development CRISIL AAA 500 5, % 2 National Housing Bank CRISIL AAA 500 4, % 3 Rural Electrification Corporation CRISIL AAA 400 4, % 4 Hindustan Petroleum Corporation IND AAA 350 3, % 5 Steel Authority of India CARE AAA 250 2, % 6 Power Grid Corporation of India CRISIL AAA 200 2, % 7 Power Finance Corporation CRISIL AAA 250 2, % 8 Power Finance Corporation CRISIL AAA 250 2, % 9 Power Grid Corporation of India CRISIL AAA 200 2, % Export-Import Bank of India CRISIL AAA 200 2, % 11 Petronet LNG ICRA AA , % 12 Rural Electrification Corporation CRISIL AAA 150 1, % 13 Power Grid Corporation of India CRISIL AAA 0 1, % 14 Power Grid Corporation of India CRISIL AAA 0 1, % 15 LIC Housing Finance CRISIL AAA % 16 Rural Electrification Corporation CRISIL AAA % 17 Rural Electrification Corporation CRISIL AAA % 18 GAIL (India) CARE AAA % 19 GAIL (India) CARE AAA % 20 Power Finance Corporation CRISIL AAA % 21 Export-Import Bank of India ICRA AAA % Total 41, % CENTRAL GOVERNMENT SECURITIES % GOI SOV 3,500,000 3, % % GOI SOV 2,500,000 2, % Total 6, % Certificate of Deposit 24 Canara Bank CRISIL A1+ 1, % Total % Commercial Paper 25 National Bank for Agriculture and Rural Development CRISIL A , % Total 1, % 26 CBLO / Reverse Repo Investments % Total % Net Receivables/Payables 1, % Total 1, % GRAND TOTAL 52, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 2. Total Expense Ratio: (F.Y. beginning to date) RP: 0.90% DP: 0.55% Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 5.06% SOV 11.53% AA+ 3.87% A1 4.56% NAV AS ON Growth - ` Growth - ` AAA 74.98% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Dhawal Dalal Total work experience of 16 years. Managing this Scheme since September 2013 The investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/ undertakings. There is no assurance that the investment objective of the Scheme will be realized. Money market and debt securities issued by banks and public sector entities/undertakings 80% - 0%; Other debt and money market securities 0% - 20%. Investments in derivatives will be upto % of the net assets of the Scheme. The Scheme will participate in repo of corporate debt securities. Normally within 2 Business Days from acceptance of redemption request PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Daily Dividend Weekly Dividend Monthly Dividend Quarterly Dividend Exit Load : Holding period <= 1 month: 0.25%; > 1 months: Nil Sep 14, Cr. AVERAGE MATURITY 4.13 years MODIFIED DURATION 3.05 years PORTFOLIO YTM 8.16% 25

28 Income Opportunities Dhawal Dalal Total work experience of 16 years. Managing this Scheme since May 2003 An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. Normally within 2 Business Days from acceptance of redemption request. Money market securities and/ or debt securities* with residual maturity of less than or equal to 5 years: 80% - 0% Debt securities* which have residual maturity of greater than 5 years: 0% - 20% *Debt securities may include securitised debts up to 50% of the net assets. The weighted average maturity of the Scheme will be between 3 years and 5 years. The weighted average maturity will be reckoned on: (a) Maturity date for fixed rate securities (b) Interest reset date or repricing date for floating rate securities May 13, Cr. AVERAGE MATURITY 3.56 years MODIFIED DURATION 2.47 years PORTFOLIO YTM.42% Name of Instrument Rating/Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's 1 DLF Emporio CRISIL AA 1,500 15, % 2 National Bank for Agriculture and Rural Development CRISIL AAA 1,450 14, % 3 Prism Cement ICRA A- 1,000, % 4 Peninsula Land ICRA A 1,000, % 5 Sobha ICRA A,000, % 6 Reliance Jio Infocomm CRISIL AAA 750 7, % 7 Reliance Gas Transportation Infrastructure CRISIL AAA 500 5, % 8 LIC Housing Finance CRISIL AAA 500 5, % 9 Janalakshmi Financial Services Private ICRA A , % India Infoline Housing Finance ICRA AA 500 5, % 11 Dalmia Cement (Bharat) ICRA AA , % 12 Janalakshmi Financial Services Private ICRA A 500 5, % 13 Reliance Utilities and Power Private CRISIL AAA 500 4, % 14 Power Finance Corporation CRISIL AAA 450 4, % 15 Power Grid Corporation of India CRISIL AAA 300 3, % 16 Rural Electrification Corporation CRISIL AAA 250 2, % 17 Mahindra & Mahindra Financial Services IND AAA 250 2, % 18 LIC Housing Finance CRISIL AAA 250 2, % 19 IDFC ICRA AAA 250 2, % 20 Power Finance Corporation CRISIL AAA 250 2, % 21 Vedanta CRISIL AA+ 2 2, % 22 Power Grid Corporation of India CRISIL AAA 0 1, % 23 Power Grid Corporation of India CRISIL AAA 0 1, % 24 Power Grid Corporation of India CRISIL AAA 0 1, % 25 Tata Motors Finance CRISIL AA % Total 128, % Unlisted 26 IL&FS Energy Development Company CARE A 0, % 27 Coffee Day Enterprises BWR A , % 28 Coffee Day Natural Resources Private BWR A , % 29 Liquid Investment and Trading Company BWR A Private 750 7, % 30 Dalmia Bharat Cements Holdings BWR A+ 5,000 5, % 31 Dalmia Bharat Cements Holdings BWR A+ 5,000 5, % 32 KKR India Financial Services Private CRISIL AA 20 2, % 33 KKR India Financial Services Private CRISIL AA 20 2, % 34 KKR India Financial Services Private CRISIL AA 20 2, % 35 KKR India Financial Services Private CRISIL AA 20 2, % 36 KKR India Financial Services Private CRISIL AA 15 1, % 37 KKR India Financial Services Private CRISIL AA 15 1, % 38 KKR India Financial Services Private CRISIL AA 15 1, % 39 KKR India Financial Services Private CRISIL AA 15 1, % Total 58, % 41 Canara Bank CRISIL A1+,000 9, % Total 19, % 42 CBLO / Reverse Repo Investments 4, % Total 4, % Net Receivables/Payables 5, % Total 5, % GRAND TOTAL 216, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND, & BWR. 2. Total Expense Ratio (F.Y. beginning to date): IP: 1.20% RP: 1.70% DP: 1.20% Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 4.46% A 19.75% A-.69% PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Daily Dividend Reinvest Weekly Dividend Monthly Dividend Quaterly Dividend NAV AS ON Growth - ` A+ 8.52% AA- 2.33% A % AA 16.19% Exit load: Holding period: <=12 months: 1% > 12 months: Nil Growth - ` AAA 28.05% AA+ 0.97% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Certificate of Deposit 40 Bank of India CRISIL A1+,000 9, % 26

29 Strategic Bond Name of Instrument Rating/Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's 1 Reliance Gas Transportation Infrastructure CRISIL AAA 1,150 11, % 2 Power Grid Corporation of India CRISIL AAA 550 5, % 3 Power Grid Corporation of India CRISIL AAA 500 5, % 4 Vedanta CRISIL AA , % 5 Vedanta CRISIL AA , % 6 NTPC CRISIL AAA 250 2, % 7 Reliance Jio Infocomm CRISIL AAA 250 2, % 8 Vedanta CRISIL AA , % 9 Reliance Utilities and Power Private CRISIL AAA 250 2, % Power Grid Corporation of India CRISIL AAA 0 1, % 11 Power Grid Corporation of India CRISIL AAA 0 1, % 12 Power Grid Corporation of India CRISIL AAA 0 1, % 13 Power Grid Corporation of India CRISIL AAA 0 1, % 14 Power Grid Corporation of India CRISIL AAA 0 1, % 15 Power Finance Corporation CRISIL AAA % Total 49, % CENTRAL GOVERNMENT SECURITIES % GOI SOV 67,000,000 67, % % GOI SOV 42,000,000 43, % % GOI SOV 35,000,000 34, % % GOI SOV 31,000,000 31, % % GOI SOV 28,500,000 28, % % GOI SOV 21,500,000 22, % % GOI SOV 21,000,000 21, % % GOI SOV 15,500,000 15, % % GOI SOV 13,000,000 13, % % GOI SOV 4,000,000 4, % % GOI SOV 2,000,000 2, % Total 285, % 27 CBLO / Reverse Repo Investments 1, % Total 1, % Net Receivables/Payables 7, % Total 7, % GRAND TOTAL 344, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 2. Total Expense Ratio (F.Y. beginning to date): IP: 1.14% RP: 1.09% DP: 0.79% Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 2.69% NAV AS ON Institutional Plan Growth - ` 1, AAA.68% AA+ 3.63% SOV 83.00% Growth - ` 1, Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Dhawal Dalal Total work experience of 16 years. Managing this Scheme since May 2007 An Open ended income Scheme, seeking to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities. Money market securities and/ or debt securities* which have residual or average maturity of less than or equal to 367 days or have put options within a period not exceeding 367 days. : 0% - 0% Debt securities* which have residual or average maturity of more than 367 days : 0% - 0% *Debt securities may include securitised debts upto 75% of the net assets Normally within 3 Business Days from acceptance of redemption request. PLANS: INSTITUTIONAL PLAN (IP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (IP & DP) ` 1,000/- & any amount thereafter Options available: (IP & DP) Weekly Dividend Daily Dividend Reinvest Monthly Dividend Exit load: Holding : <=7 calendar days: 0.1% >7 calendar days: Nil May 9, Cr. AVERAGE MATURITY years MODIFIED DURATION 6.84 years PORTFOLIO YTM 8.16% 27

30 Bond Dhawal Dalal Total work experience of 16 years. Managing this Scheme since April 1997 An Open Ended income Scheme, seeking to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of high quality debt securities, predominantly of issuers domiciled in India. As a secondary objective, the Scheme will seek capital appreciation. *Debt & Money market securities : Entire 0%. *Debt securities may include securitised debts up to 50% of the net assets. The weighted average maturity of the Scheme will remain between one year and twenty years. The weighted average maturity will be reckoned on: (a) Maturity date for fixed rate securities (b) Interest reset date or repricing date for floating rate securities Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Monthly Dividend Exit Load: Holding : <=12 months: 1% >12 months: Nil Apr 29, Cr. AVERAGE MATURITY years MODIFIED DURATION 6.71 years PORTFOLIO YTM 8.81% Name of Instrument Rating/ Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's 1 Steel Authority of India CARE AAA 250 2, % 2 Reliance Gas Transportation Infrastructure CRISIL AAA 150 1, % 3 Power Grid Corporation of India CRISIL AAA % 4 GAIL (India) CARE AAA % Total 5, % Unlisted 5 Sanmar Engineering Services Unrated 2,500 2, % Total 2, % Securitised Debt Instruments 6 India MBS PTC Series 1D (LIC HF) CRISIL AAA % Total % CENTRAL GOVERNMENT SECURITIES % GOI SOV 5,500,000 5, % % GOI SOV 5,000,000 5, % % GOI SOV 5,000,000 5, % 8.40% GOI SOV 2,500,000 2, % % GOI SOV 2,500,000 2, % % GOI SOV 1,500,000 1, % % GOI SOV 500, % Total 22, % 14 CBLO / Reverse Repo Investments % Total % Net Receivables/Payables % Total % GRAND TOTAL 31, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.07% DP: 1.42% Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 2.88% NAV AS ON Growth - ` SOV 71.93% AAA 16.32% Unrated 8.87% Growth - ` Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. 28

31 Ultra Short Term Name of Instrument Rating/ Industry Quantity Market value DEBT INSTRUMENTS BOND & NCD's 1 Tata Motors Finance CRISIL AA 150 1, % 2 Tata Motors CARE AA , % Total 2, % Certificate of Deposit 3 IDBI Bank CRISIL A1+ 12,500 11, % 4 Axis Bank CRISIL A1+ 6,500 6, % 5 Vijaya Bank CARE A1+ 5,000 4, % 6 Canara Bank CRISIL A1+ 5,000 4, % 7 Canara Bank CRISIL A1+ 5,000 4, % 8 Andhra Bank CARE A1+ 2,500 2, % 9 Canara Bank CRISIL A1+ 2,500 2, % Andhra Bank CARE A1+ 2,500 2, % 11 Canara Bank CRISIL A1+ 2,000 1, % 12 Andhra Bank CARE A1+ 1,500 1, % 13 Andhra Bank CARE A % 14 ICICI Bank ICRA A % Total 43, % Commercial Paper 15 Housing Development Finance Corporation ICRA A1+ 2,300, % 16 National Bank for Agriculture and Rural Development CRISIL A1+ 1,800 8, % 17 National Bank for Agriculture and Rural Development CRISIL A1+ 1,000 4, % 18 JM Financial Credit Solutions ICRA A1+ 1,000 4, % 19 Housing Development Finance Corporation ICRA A1+ 1,000 4, % 20 National Bank for Agriculture and Rural Development CRISIL A , % 21 JM Financial Credit Solutions ICRA A , % 22 Infrastructure Leasing & Financial Services ICRA A , % Total 40, % 23 CBLO / Reverse Repo Investments 3, % Total 3, % Net Receivables/Payables (2,937.68) (3.35%) Total (2,937.68) (3.35%) GRAND TOTAL 87, % Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND & BWR. 2. Total Expense Ratio (F.Y. beginning to date): RP: 0.49%. DP: 0.14% Rating Profile of the of the Scheme NAV AS ON Growth - `.3761 AA 1.72% AA+ 1.54% CASH & CASH EQUIVALENT 0.12% Growth - `.3903 A % Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Laukik Bagwe Total work experience of 14 years. Managing this Scheme since March 2015 The investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio constituted of money market securities and/ or debt securities. There is no assurance that the investment objective of the Scheme will be realized. Money market securities and/or debt securities with residual maturity of less than or equal to 1 year: 80%-0% Debt securities with residual maturity of greater than 1 year: 0%-20%. The weighted average maturity of the Scheme will be between 6 months and 1 year. The weighted average maturity will be reckoned on a) Maturity date for fixed rate securities, b) Interest reset date or repricing date for floating rate securities Normally within 1 Business Day from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (DP & RP) Daily Dividend Weekly Dividend Monthly Dividend Quarterly Dividend Exit Load : Nil March, Cr. AVERAGE MATURITY 0.62 years MODIFIED DURATION 0.58 years PORTFOLIO YTM 7.90% 29

32 Constant Maturity Y G-Sec Marzban Irani Total work experience of 13 years. Managing this Scheme since September 2014 The investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio of Government Securities with weighted average maturity of around years. There is no assurance that the investment objective of the Scheme will be realized. Government Securities : 95% - 0% CBLO/repo or any other alternatives as may be provided by RBI : 0% - 5% Normally within 3 Business Days from acceptance of redemption request. PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP) Minimum investment and minimum additional purchase (RP & DP) ` 1,000/- & any amount thereafter Options available: (RP & DP) Monthly Dividend Quarterly Dividend Exit load: Holding <=7 calendar days: 0.1% Holding >7 calendar days: Nil Sep 26, Cr. AVERAGE MATURITY 9.61 years MODIFIED DURATION 6.47 years PORTFOLIO YTM 7.94% Name of Instrument Rating/Industry Quantity Market value DEBT INSTRUMENTS CENTRAL GOVERNMENT SECURITIES % GOI SOV 3,000,000 3, % % GOI SOV 1,600,000 1, % Total 4, % 3 CBLO / Reverse Repo Investments % Total % Net Receivables/Payables % Total % GRAND TOTAL 4, % Note: Total Expense Ratio: (F.Y. beginning to date) RP: 0.47% DP: 0.23% Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Rating Profile of the of the Scheme CASH & CASH EQUIVALENT 2.53% NAV AS ON Growth - `.9519 SOV 97.47% Growth - `

33 Comparative Performance of all schemes - Apoorva Equity (DSPBREF) DSPBR Equity CNX 500^ CNX Nifty# 30 June 2014 to 30 June % 11.71% 9.95% 28 June 2013 to 30 June % 36.87% 30.28% 29 June 2012 to 28 June % 8.16%.67% Since Inception (CAGR) 21.57% 13.48% 12.05% Since Inception (Value *) ` 348,357 99,717 79,138 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Apr 29, 1997 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for Option, assuming reinvestment of dividend. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri and Mr. Vinit Sambre. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Top 0 Equity (DSPBRTEF) DSPBR Top 0 Equity S&P BSE0^ CNX Nifty# 30 June 2014 to 30 June % 9.32% 9.95% 28 June 2013 to 30 June % 33.44% 30.28% 29 June 2012 to 28 June % 9.91%.67% Since Inception (CAGR) 25.03% 19.99% 18.76% Since Inception (Value*) ` 156,640 94,351 83,128 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Mar, 2003 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Vinit Sambre, Jay Kothari Micro Cap (DSPBRMCF) DSPBR Micro Cap S&P BSE Small Cap^ CNX Nifty# 30 June 2014 to 30 June % 8.55% 9.95% 28 June 2013 to 30 June % 80.79% 30.28% 29 June 2012 to 28 June 2013 (1.19%) (13.76%).67% Since Inception (CAGR) 18.76% 5.28% 9.04% Since Inception (Value*) ` 39,909 15,128 20,068 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jun 14, 2007 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Vinit Sambre Small and Mid Cap (DSPBRSMF) DSPBR Small and Mid Cap CNX Midcap^ CNX Nifty# 30 June 2014 to 30 June % 17.24% 9.95% 28 June 2013 to 30 June % 51.13% 30.28% 29 June 2012 to 28 June % (0.13%).67% Since Inception (CAGR) 15.92% 11.66% 9.36% Since Inception (Value*) ` 35,792 25,898 21,647 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Nov 14, 2006 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Vinit Sambre. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Vinit Technology.com (DSPBRTF) DSPBR Technology.com S&P BSE Teck^ CNX Nifty# 30 June 2014 to 30 June % 12.50% 9.95% 28 June 2013 to 30 June % 43.14% 30.28% 29 June 2012 to 28 June %.01%.67% Since Inception (CAGR) 11.34% 6.86% 13.06% Since Inception (Value*) ` 50,817 27,279 64,036 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment May 16, 2000 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. M. Suryanarayanan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Harish Zaveri, Jay Kothari Focus 25 (DSPBRF25F) DSPBR Focus 25 S&P BSE 200^ CNX Nifty# 30 June 2014 to 30 June % 12.01% 9.95% 28 June 2013 to 30 June % 34.45% 30.28% 29 June 2012 to 28 June % 8.69%.67% Since Inception (CAGR) 11.89%.06%.38% Since Inception (Value*) ` 17,649 16,238 16,478 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jun, 20 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Vinit Sambre, Dhawal Dalal Balanced (DSPBRBaLF) DSPBR Balanced CRISIL Balanced Index^ CNX Nifty# 30 June 2014 to 30 June %.58% 9.95% 28 June 2013 to 30 June % 21.01% 30.28% 29 June 2012 to 28 June %.90%.67% Since Inception (CAGR) 15.94% NA# 13.48% Since Inception (Value*) ` 8,256 NA 1 76, NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment May 27, 1999 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. 1 Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. RP-, IP- Institutional Plan - Apoorva Opportunities (DSPBROF) DSPBR Opportunities CNX 500^ CNX Nifty# 30 June 2014 to 30 June % 11.71% 9.95% 28 June 2013 to 30 June % 36.87% 30.28% 29 June 2012 to 28 June % 8.16%.67% Since Inception (CAGR) 19.43% 14.09% 13.06% Since Inception (Value*) ` 146,759 73,471 64,036 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment May 16, 2000 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. June 1, 2015, the scheme will be managed by Mr. Rohit Singhania. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. 31

34 Comparative Performance of all schemes - Rohit Singhania India T.I.G.E.R. (DSPBRITF) (The Infrastructure Growth and Economic Reforms ) DSPBR India T.I.G.E.R. - Rohit Singhania, Jay Kothari S&P BSE0^ CNX Nifty# 30 June 2014 to 30 June % 9.32% 9.95% 28 June 2013 to 30 June % 33.44% 30.28% 29 June 2012 to 28 June 2013 (0.46%) 9.91%.67% Since Inception (CAGR) 19.14% 16.99% 16.76% Since Inception (Value*) ` 69,313 56,683 55,477 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jun 11, 2004 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Natural Resources and New Energy (DSPBRNRNEF) DSPBR Natural Resources and New Nergy Composite Benchmark^ CNX Nifty# 30 June 2014 to 30 June % (20.44%) 9.95% 28 June 2013 to 30 June % 35.91% 30.28% 29 June 2012 to 28 June 2013 (12.43%) 4.36%.67% Since Inception (CAGR) 8.90% (0.70%) 7.% Since Inception (Value*) ` 18,454 9,506 16,371 NAV/Index Value (as of 30-Jun-15) ` , Date of allotment Apr 25, 2008 ^Scheme Benchmark (Composite Benchmark = 30% S&P BSE Metals + 35% S&P BSE Oil & Gas + 35% MSCI World Energy Index - Net & Expressed in INR; Normalised Values) #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari World Energy (DSPBRWEF) DSPBR World Energy Composite Benchmark^ CNX Nifty# 30 June 2014 to 30 June 2015 (16.96%) (12.87%) 9.95% 28 June 2013 to 30 June % 29.41% 30.28% 29 June 2012 to 28 June % 20.66%.67% Since Inception (CAGR) 4.65% 11.68%.80% Since Inception (Value*) ` 13,066 19,147 18,272 NAV/Index Value (as of 30-Jun-15) ` , Date of allotment Aug 14, 2009 ^Scheme Benchmark (Composite Benchmark = 30% MSCI World Index + 70% MSCI World Energy Index - Net & Expressed in INR; Normalised Values) #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari World Agriculture (DSPBRWAF) DSPBR World Agriculture DAX Global Agribusiness Index^ CNX Nifty# 30 June 2014 to 30 June % 4.39% 9.95% 28 June 2013 to 30 June % 12.61% 30.28% 29 June 2012 to 28 June % 15.68%.67% Since Inception (CAGR) 12.31% 14.12% 14.09% Since Inception (Value*) ` 15,362 16,299 16,284 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Oct 19, 2011 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. RP-, IP- Institutional Plan - Apoorva - Jay Kothari Tax Saver (DSPBRTSF) DSPBR Tax Saver CNX 500^ CNX Nifty# 30 June 2014 to 30 June % 11.71% 9.95% 28 June 2013 to 30 June % 36.87% 30.28% 29 June 2012 to 28 June % 8.16%.67% Since Inception (CAGR) 14.74% 8.67% 8.78% Since Inception (Value*) ` 31,967 20,196 20,366 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 18, 2007 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Rohit Singhania. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. World Gold (DSPBRWGF) DSPBR World Gold FTSE Gold Mine^ CNX Nifty# 30 June 2014 to 30 June 2015 (21.40%) (26.91%) 9.95% 28 June 2013 to 30 June %.95% 30.28% 29 June 2012 to 28 June 2013 (42.05%) (44.20%).67% Since Inception (CAGR) (0.59%) (4.99%) 8.23% Since Inception (Value*) ` 9,547 6,7 18,523 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Sep 14, 2007 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari World Mining (DSPBRWMF) DSPBR World Mining HSBC Mining Index^ CNX Nifty# 30 June 2014 to 30 June 2015 (27.37%) (27.65%) 9.95% 28 June 2013 to 30 June % 19.73% 30.28% 29 June 2012 to 28 June 2013 (24.55%) (21.38%).67% Since Inception (CAGR) (7.45%) (7.01%) 9.08% Since Inception (Value*) ` 6,530 6,702 16,131 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Dec 29, 2009 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari, Laukik Bagwe US Flexible~ Equity (DSPBRUSFEF) DSPBR US Flexible Equity Russell 00 Index^ CNX Nifty# 30 June 2014 to 30 June % 13.75% 9.95% 28 June 2013 to 30 June % 26.22% 30.28% Since Inception (CAGR) 19.87% 23.22% 17.66% Since Inception (Value*) ` 16,938 18,347 16,045 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Aug 3, 2012 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. ~The term Flexible in the name of the Scheme signifies that the Investment Manager of the Underlying can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants. 32

35 Comparative Performance of all schemes - Dhawal Dalal, Vinit MIP ~ (DSPBRMIPF) DSPBR MIP CRISIL MIP Blended Index^ ~Monthly income is not assured and is subject to availability of distributable surplus. - Laukik Bagwe Liquidity - RP (DSPBRLF) Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June % 11.05% 8.54% 28 June 2013 to 30 June % 8.28% 5.93% 29 June 2012 to 28 June %.83% 8.17% Since Inception (CAGR).08% 8.17% 5.83% Since Inception (Value*) ` 28,929 23,828 18, NAV/Index Value (as of 30-Jun-15) ` , ,2.25 Date of allotment Jun 11, 2004 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri and Mr. Dhawal Dalal. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. DSPBR Liquidity - RP Crisil Liquid Index^ Crisil 91 Day T-Bill Index# Last 7 days till 31 July % 7.97% 8.14% Last 15 days till 31 July % 7.97% 7.96% Last 1 Month till 31 July % 7.99% 8.% 30 June 2014 to 30 June % 8.77% 8.69% 28 June 2013 to 30 June % 9.68% 8.81% 29 June 2012 to 28 June % 8.12% 8.29% Since Inception (CAGR) 7.24% NA# 6.60% Since Inception (Value*) ` 33,536 NA 1 30,226 NAV/Index Value (as of 31-Jul-15) ` , , Date of allotment Mar 11, 1998 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. 1 Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 31 July Returns shown for 7 days, 15 days and 30 days are computed on simple annualised basis. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Laukik Bagwe Money Manager - RP (DSPBRMMF) DSPBR Money Manager - RP Crisil Liquid Index^ Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June % 8.77% 8.54% 28 June 2013 to 30 June % 9.68% 5.93% 29 June 2012 to 28 June % 8.12% 8.17% Since Inception (CAGR) 7.62% 7.57% 6.16% Since Inception (Value*) ` 19,260 19,181 17,043 NAV/Index Value (as of 30-Jun-15) ` 1, , ,2.25 Date of allotment Jul 31, 2006 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Short Term (DSPBRSTF) DSPBR Short Term CRISIL Short Term Crisil 1 Year Bond Index^ T-Bill Index# 30 June 2014 to 30 June % 9.56% 8.54% 28 June 2013 to 30 June % 8.81% 5.93% 29 June 2012 to 28 June % 9.30% 8.17% Since Inception (CAGR) 7.15% 6.98% 5.77% Since Inception (Value*) ` 24,238 23,749 20,5 NAV/Index Value (as of 30-Jun-15) ` , ,2.25 Date of allotment Sep 09, 2002 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Marzban Irani. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. RP-, IP- Institutional Plan - Dhawal Dalal, Vivek Ved - Dhawal Dalal Treasury Bill - RP (DSPBRTBF) DSPBR Treasury Bill DSPBR Banking & PSU Debt - RP (DSPBRBPDF) DSPBR Banking & PSU Debt CRISIL Composite T-Bill Index^ CRISIL Short Term Bond Index^ Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June % 9.56% 8.54% Since Inception (CAGR) 9.87%.13% 8.52% Since Inception (Value*) ` 11,837 11,888 11,577 NAV/Index Value (as of 30-Jun-15) ` , ,2.25 Date of allotment Sep 14, 2013 Crisil 1 Year T-Bill Index# Last 7 days till 31 July % 7.83% 6.34% Last 15 days till 31 July % 7.72% 7.07% Last 1 Month till 31 July % 8.15% 8.28% 30 June 2014 to 30 June % 8.66% 8.54% 28 June 2013 to 30 June % 8.00% 5.93% 29 June 2012 to 28 June % 8.24% 8.17% Since Inception (CAGR) 6.90% NA# 6.44% Since Inception (Value*) ` 28,629 NA 1 26,722 NAV/Index Value (as of 31-Jul-15) ` , , Date of allotment Sep 30, 1999 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. 1 Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 31 July Returns shown for 7 days, 15 days and 30 days are computed on simple annualised basis. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Laukik Bagwe Liquidity - IP (DSPBRLF) DSPBR Liquidity - IP Crisil Liquid Index^ Crisil 91 Day T-Bill Index# Last 7 days till 31 July % 7.97% 8.14% Last 15 days till 31 July % 7.97% 7.96% Last 1 Month till 31 July % 7.99% 8.% 30 June 2014 to 30 June % 8.77% 8.69% 28 June 2013 to 30 June % 9.68% 8.81% 29 June 2012 to 28 June % 8.12% 8.29% Since Inception (CAGR) 7.71% 7.45% 6.28% Since Inception (Value*) ` 20,406 19,938 17,953 NAV/Index Value (as of 31-Jul-15) ` 2, , , Date of allotment Nov 23, 2005 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for Institutional Plan - Growth Option. Since inception returns have been calculated from the date of allotment till 31 July Returns shown for 7 days, 15 days and 30 days are computed on simple annualised basis. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Laukik Bagwe Money Manager - IP (DSPBRMMF) DSPBR Money Manager - IP Crisil Liquid Index^ Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June % 8.77% 8.54% 28 June 2013 to 30 June % 9.68% 5.93% 29 June 2012 to 28 June % 8.12% 8.17% Since Inception (CAGR) 8.04% 7.57% 6.16% Since Inception (Value*) ` 19,929 19,181 17,043 NAV/Index Value (as of 30-Jun-15) ` 1, , ,2.25 Date of allotment Jul 31, 2006 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for Institutional Plan - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 In case of allotment date is a non-business day, the Benchmark returns are computed using the latest available benchmark value on the allotment date. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. 33

36 Comparative Performance of all schemes - Dhawal Dalal Income Opportunities - RP (DSPBRIOF) - Dhawal Dalal DSPBR Income Opportunities - RP Strategic Bond - RP (DSPBRSBF) DSPBR Strategic Bond - RP Composite Benchmark^ Crisil Composite Bond Index^ Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June %.29% 8.54% 28 June 2013 to 30 June % 6.77% 5.93% 29 June 2012 to 28 June % 9.98% 8.17% Since Inception (CAGR) 7.01% 6.61% 5.72% Since Inception (Value*) ` 22,768 21,759 19,636 NAV/Index Value (as of 30-Jun-15) ` ,2.25 Date of allotment May 13, 2003 ^Scheme Benchmark (Composite Benchmark = 50% of CRISIL Short Term Bond Index + 50% of CRISIL Composite Bond Index; Normalised Values). #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. CRISIL Year Gilt Index# 30 June 2014 to 30 June % 11.% 11.76% 28 June 2013 to 30 June % 4.60% (2.47%) 29 June 2012 to 28 June %.72% 12.% Since Inception (CAGR) 7.56% 7.56% 6.59% Since Inception (Value*) ` 18,115 18,114 16,824 NAV/Index Value (as of 30-Jun-15) ` 1, , , Date of allotment May 09, 2007 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal Bond (DSPBRBF) DSPBR Bond Crisil Composite Crisil Year Gilt Bond Index^ Index# 30 June 2014 to 30 June % 11.% 11.76% 28 June 2013 to 30 June % 4.60% (2.47%) 29 June 2012 to 28 June %.72% 12.% Since Inception (CAGR) 8.50% NA# NA# Since Inception (Value*) ` 44,049 NA 1 NA 1 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Apr 29, 1997 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. 1 Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Dhawal Dalal Dynamic Asset Allocation (DSPBRDAAF) DSPBR Dynamic Asset Allocation CRISIL Balanced Index^ CNX Nifty# 30 June 2014 to 30 June %.58% 9.95% Since Inception (CAGR).44% 21.36% 26.40% Since Inception (Value*) ` 11,486 13,098 13, NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Feb 6, 2014 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri and Mr. Dhawal Dalal. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal Income Opportunities - IP (DSPBRIOF) - Dhawal Dalal - Dhawal Dalal Government Securities (DSPBRGSF) DSPBR Income Opportunities - IP Strategic Bond - IP (DSPBRSBF) DSPBR Strategic Bond - IP DSPBR Government Securities Composite Benchmark^ Crisil Composite Bond Index^ CRISIL Long Term Gilt Index^ Crisil Year Gilt Index# 30 June 2014 to 30 June % 12.16% 11.76% 28 June 2013 to 30 June % 0.08% (2.47%) 29 June 2012 to 28 June % 13.69% 12.% Since Inception (CAGR) 9.92% NA# NA# Since Inception (Value*) ` 44,382 NA 1 NA 1 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Sep 30, 1999 Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June %.29% 8.54% 28 June 2013 to 30 June % 6.77% 5.93% 29 June 2012 to 28 June % 9.98% 8.17% Since Inception (CAGR) 7.90% 7.25% 6.05% Since Inception (Value*) ` 20,921 19,732 17,689 NAV/Index Value (as of 30-Jun-15) ` 2, ,2.25 Date of allotment Oct 18, 2005 ^Scheme Benchmark (Composite Benchmark = 50% of CRISIL Short Term Bond Index + 50% of CRISIL Composite Bond Index; Normalised Values). #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for Institutional Plan - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Crisil Year Gilt Index# 30 June 2014 to 30 June % 11.% 11.76% 28 June 2013 to 30 June % 4.60% (2.47%) 29 June 2012 to 28 June %.72% 12.% Since Inception (CAGR) 7.96% 8.04% 5.83% Since Inception (Value*) ` 16,622 16,701 14,566 NAV/Index Value (as of 30-Jun-15) ` 1, , , Date of allotment Nov 12, 2008 ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for Institutional Plan - Growth Option. Since inception returns have been calculated from Nov 12, 2008 as there were no investors in this plan for a significiant period before this date. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. ^Scheme Benchmark. #Standard Benchmark.*Based on investment of `,000 made at inception. All returns are for - Growth Option. 1 Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. DSPBREF, DSPBROF and DSPBRTSF, which are benchmarked to the CNX 500 Index, are not sponsored, endorsed, sold or promoted by India Index Services & products (IISL). IISL is not responsible for any errors or omissions or the results obtained from the use of such index and in no event shall IISL have any liability to any party for any damages of whatsoever nature (including lost profits) resulted to such party due to purchase or sale or otherwise, of DSPBREF, DSPBROF or DSPBRTSF marked to such index. DSPBRSMF, which is benchmarked to the CNX Midcap Index, is not sponsored, endorsed, sold or promoted by India Index Services & products (IISL). IISL is not responsible for any errors or omissions or the results obtained from the use of such index and in no event shall IISL have any liability to any party for any damages of whatsoever nature (including lost profits)resulted to such party due to purchase or sale or otherwise of DSPBRSMF marked to such index. The S&P BSE 0, S&P BSE 200, S&P BSE Small Cap, S&P BSE Teck, S&P BSE Metals, S&P BSE Oil and Gas & S&P BSE SENSEX are product of Asia Index Private, which is a joint venture of S&P Dow Jones Indices LLC or its affiliates ( SPDJI ) and BSE, and has been licensed for use by Investment Managers Pvt. Ltd. Standard & Poor s and S&P are registered trademarks of Standard & Poor s Financial Services LLC ( S&P ); BSE is a registered trademark of BSE ( BSE ); and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ( Dow Jones ). Asia Index Private All rights reserved. Note: (a) All returns are absolute unless otherwise mentioned. (b) Load is not taken into consideration for computation of performance. (c) Global Allocation, Constant Maturity Y G-Sec and DSP BlackRock Ultra Short Term have not completed 1 year hence performance data of the same is not provided. (d) Performance of Closed ended schemes are not provided as their performance are not strictly comparable with performance of open-ended schemes. 34

37 Comparative Performance of all schemes - - Apoorva - Apoorva ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Rohit Singhania India T.I.G.E.R. (DSPBRITF) (The Infrastructure Growth and Economic Reforms ) Equity (DSPBREF) DSPBR Equity CNX 500^ CNX Nifty# 30 June 2014 to 30 June % 11.71% 9.95% 28 June 2013 to 30 June % 36.87% 30.28% Since Inception (CAGR) 18.45% 15.78% 14.65% Since Inception (Value *) ` 15,253 14,411 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for Option, assuming reinvestment of dividend. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri and Mr. Vinit Sambre. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Top 0 Equity (DSPBRTEF) DSPBR Top 0 Equity DSPBR India T.I.G.E.R. S&P BSE0^ S&P BSE0^ CNX Nifty# 30 June 2014 to 30 June % 9.32% 9.95% 28 June 2013 to 30 June % 33.44% 30.28% Since Inception (CAGR) 17.67% 14.57% 14.65% Since Inception (Value*) ` 15,004 14,038 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 CNX Nifty# 30 June 2014 to 30 June % 9.32% 9.95% 28 June 2013 to 30 June % 33.44% 30.28% Since Inception (CAGR) 14.84% 14.57% 14.65% Since Inception (Value*) ` 14,120 14,038 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Vinit Sambre, Jay Kothari Micro Cap (DSPBRMCF) DSPBR Micro Cap S&P BSE Small Cap^ CNX Nifty# 30 June 2014 to 30 June % 8.55% 9.95% 28 June 2013 to 30 June % 80.79% 30.28% Since Inception (CAGR) 39.73% 17.22% 14.65% Since Inception (Value*) ` 23,028 14,860 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Shah, Dhawal Dalal Balanced (DSPBRBaLF) DSPBR Balanced CRISIL Balanced Index^ CNX Nifty# 30 June 2014 to 30 June %.58% 9.95% 28 June 2013 to 30 June % 21.01% 30.28% Since Inception (CAGR) 17.83% 12.74% 14.65% Since Inception (Value*) ` 15,055 13,483 14, NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Vinit Sambre Small and Mid Cap (DSPBRSMF) DSPBR Small and Mid Cap CNX Midcap^ CNX Nifty# 30 June 2014 to 30 June % 17.24% 9.95% 28 June 2013 to 30 June % 51.13% 30.28% Since Inception (CAGR) 26.08% 18.05% 14.65% Since Inception (Value*) ` 17,820 15,123 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Vinit Sambre.Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Vinit Technology.com (DSPBRTF) DSPBR Technology.com S&P BSE Teck^ CNX Nifty# 30 June 2014 to 30 June % 12.50% 9.95% 28 June 2013 to 30 June % 43.14% 30.28% Since Inception (CAGR) 25.70% 24.32% 14.35% Since Inception (Value*) ` 17,676 17,196 13,963 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 02, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. M. Suryanarayanan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Shah, Jay Kothari Focus 25 (DSPBRF25F) DSPBR Focus 25 S&P BSE 200^ CNX Nifty# 30 June 2014 to 30 June % 12.01% 9.95% 28 June 2013 to 30 June % 34.45% 30.28% Since Inception (CAGR) 20.51% 15.44% 14.65% Since Inception (Value*) ` 15,922 14,305 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Opportunities (DSPBROF) DSPBR Opportunities CNX 500^ CNX Nifty# 30 June 2014 to 30 June % 11.71% 9.95% 28 June 2013 to 30 June % 36.87% 30.28% Since Inception (CAGR) 21.47% 15.78% 14.65% Since Inception (Value*) ` 16,239 14,411 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. June 1, 2015, the scheme will be managed by Mr. Rohit Singhania. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Apoorva Tax Saver (DSPBRTSF) DSPBR Tax Saver CNX 500^ CNX Nifty# 30 June 2014 to 30 June % 11.71% 9.95% 28 June 2013 to 30 June % 36.87% 30.28% Since Inception (CAGR) 23.39% 15.78% 14.65% Since Inception (Value*) ` 16,889 14,411 14,063 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Rohit Singhania. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. 35

38 Comparative Performance of all schemes - - Rohit Singhania, Jay Kothari Natural Resources and New Energy (DSPBRNRNEF) MIP ~ (DSPBRMIPF) CRISIL MIP Crisil 1 Year DSPBR MIP Blended Index^ T-Bill Index# 30 June 2014 to 30 June % 11.05% 8.54% 28 June 2013 to 30 June % 8.28% 5.93% Since Inception (CAGR).48% 9.47% 7.41% Since Inception (Value*) ` 12,818 12,527 11, NAV/Index Value (as of 30-Jun-15) ` , ,2.25 Date of allotment Jan 02, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri and Mr. Dhawal Dalal. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. ~Monthly income is not assured and is subject to availability of distributable surplus. - Apoorva Dhawal Dalal Dynamic Asset Allocation (DSPBRDAAF) DSPBR Dynamic Asset CRISIL Balanced Allocation Index^ CNX Nifty# 30 June 2014 to 30 June %.58% 9.95% Since Inception (CAGR) 11.44% 21.36% 26.40% Since Inception (Value*) ` 11,631 13,098 13, NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Feb 6, DSPBR Natural Resources and New Nergy Composite Benchmark^ CNX Nifty# 30 June 2014 to 30 June % (20.44%) 9.95% 28 June 2013 to 30 June % 35.91% 30.28% Since Inception (CAGR) 14.00% 2.17% 14.24% Since Inception (Value*) ` 13,854,549 13,925 NAV/Index Value (as of 30-Jun-15) ` , Date of allotment Jan 03, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari World Energy (DSPBRWEF) DSPBR World Energy Composite Benchmark^ CNX Nifty# 30 June 2014 to 30 June 2015 (16.73%) (12.87%) 9.95% 28 June 2013 to 30 June % 29.41% 30.28% Since Inception (CAGR) 6.02% 9.94% 14.24% Since Inception (Value*) ` 11,565 12,657 13,925 NAV/Index Value (as of 30-Jun-15) ` , Date of allotment Jan 03, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari World Agriculture (DSPBRWAF) DAX Global DSPBR World Agribusiness Agriculture Index^ CNX Nifty# 30 June 2014 to 30 June % 4.39% 9.95% 28 June 2013 to 30 June % 12.61% 30.28% Since Inception (CAGR) 9.32% 9.31% 14.35% Since Inception (Value*) ` 12,485 12,482 13,963 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 02, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal, Vinit ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Harish Zaveri and Mr. Dhawal Dalal.Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari World Gold (DSPBRWGF) DSPBR World Gold FTSE Gold Mine^ CNX Nifty# 30 June 2014 to 30 June 2015 (21.08%) (26.91%) 9.95% 28 June 2013 to 30 June %.95% 30.28% Since Inception (CAGR) (22.83%) (27.73%) 14.35% Since Inception (Value*) ` 5,245 4,454 13,963 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 02, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari World Mining (DSPBRWMF) DSPBR World Mining HSBC Mining Index^ CNX Nifty# 30 June 2014 to 30 June 2015 (27.00%) (27.65%) 9.95% 28 June 2013 to 30 June % 19.73% 30.28% Since Inception (CAGR) (18.15%) (18.03%) 14.24% Since Inception (Value*) ` 6,076 6,098 13,925 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 03, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Jay Kothari, Laukik Bagwe US Flexible~ Equity (DSPBRUSFEF) DSPBR US Flexible Equity Russell 00 Index^ CNX Nifty# 30 June 2014 to 30 June % 13.75% 9.95% 28 June 2013 to 30 June % 26.22% 30.28% Since Inception (CAGR) 21.78% 25.17% 14.24% Since Inception (Value*) ` 16,326 17,481 13,925 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 03, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. ~The term Flexible in the name of the Scheme signifies that the Investment Manager of the Underlying can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants. - Laukik Bagwe Liquidity (DSPBRLF) DSPBR Liquidity Crisil Liquid Crisil 91 Day Index^ T-Bill Index# Last 7 days till 31 July % 7.97% 8.14% Last 15 days till 31 July % 7.97% 7.96% Last 1 Month till 31 July % 7.99% 8.% 30 June 2014 to 30 June % 8.77% 8.69% 28 June 2013 to 30 June % 9.68% 8.81% Since Inception (CAGR) 9.12% 9.04% 8.63% Since Inception (Value*) ` 12,433 12,4 12,296 NAV/Index Value (as of 31-Jul-15) ` 2, , , Date of allotment Dec 31, 2012 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 31 July Returns shown for 7 days, 15 days and 30 days are computed on simple annualised basis. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

39 Comparative Performance of all schemes - - Laukik Bagwe Money Manager (DSPBRMMF) - Dhawal Dalal Income Opportunities (DSPBRIOF) DSPBR Money Manager DSPBR Income Opportunities Crisil Liquid Index^ Composite Benchmark^ Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June %.29% 8.54% 28 June 2013 to 30 June % 6.77% 5.93% Since Inception (CAGR) 9.97% 8.86% 7.44% Since Inception (Value*) ` 12,673 12,358 11,958 NAV/Index Value (as of 30-Jun-15) ` ,2.25 Date of allotment Jan 01, 2013 Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June % 8.77% 8.54% 28 June 2013 to 30 June % 9.68% 5.93% Since Inception (CAGR) 9.39% 9.04% 7.44% Since Inception (Value*) ` 12,507 12,408 11,958 NAV/Index Value (as of 30-Jun-15) ` 1, , ,2.25 Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Short Term (DSPBRSTF) DSPBR Short Term CRISIL Short Term Bond Index^ Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June % 9.56% 8.54% 28 June 2013 to 30 June % 8.81% 5.93% Since Inception (CAGR) 9.54% 9.21% 7.44% Since Inception (Value*) ` 12,550 12,456 11,958 NAV/Index Value (as of 30-Jun-15) ` , ,2.25 Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June w.e.f. July 16, 2015, the scheme will be managed by Mr. Marzban Irani. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. ^Scheme Benchmark (Composite Benchmark = 50% of CRISIL Short Term Bond Index + 50% of CRISIL Composite Bond Index; Normalised Values). #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal Bond (DSPBRBF) DSPBR Bond Crisil Composite Crisil Year Gilt Bond Index^ Index# 30 June 2014 to 30 June % 11.% 11.76% 28 June 2013 to 30 June % 4.60% (2.47%) Since Inception (CAGR) 8.34% 8.49% 6.12% Since Inception (Value*) ` 12,2 12,253 11,596 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal, Vivek Ved ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 31 July Returns shown for 7 days, 15 days and 30 days are computed on simple annualised basis. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal DSPBR Banking & PSU Debt (DSPBRBPDF) ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal Government Securities (DSPBRGSF) DSPBR Banking & PSU Debt DSPBR Government Securities CRISIL Short Term Bond Index^ CRISIL Long Term Gilt Index^ Crisil 1 Year T-Bill Index# 30 June 2014 to 30 June % 9.56% 8.54% Since Inception (CAGR).25%.13% 8.52% Since Inception (Value*) ` 11,911 11,888 11,577 NAV/Index Value (as of 30-Jun-15) ` , ,2.25 Date of allotment Sep 14, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 In case of allotment date is a non-business day, the Benchmark returns are computed using the latest available benchmark value on the allotment date. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. - Dhawal Dalal Strategic Bond (DSPBRSBF) Treasury Bill (DSPBRTBF) DSPBR Treasury Bill DSPBR Strategic Bond CRISIL Composite T-Bill Index^ Crisil Composite Bond Index^ Crisil 1 Year T-Bill Index# Last 7 days till 31 July % 7.83% 6.34% Last 15 days till 31 July % 7.72% 7.07% Last 1 Month till 31 July % 8.15% 8.28% 30 June 2014 to 30 June % 8.66% 8.54% 28 June 2013 to 30 June % 8.00% 5.93% Since Inception (CAGR) 9.08% 8.29% 7.44% Since Inception (Value*) ` 12,421 12,197 11,958 NAV/Index Value (as of 31-Jul-15) ` , , Date of allotment 01-Jan-13 CRISIL Year Gilt Index# 30 June 2014 to 30 June % 11.% 11.76% 28 June 2013 to 30 June % 4.60% (2.47%) Since Inception (CAGR) 9.48% 8.49% 6.12% Since Inception (Value*) ` 12,533 12,253 11,596 NAV/Index Value (as of 30-Jun-15) ` 1, , , Date of allotment Jan 01, 2013 Crisil Year Gilt Index# 30 June 2014 to 30 June % 12.16% 11.76% 28 June 2013 to 30 June % 0.08% (2.47%) Since Inception (CAGR) 7.13% 7.53% 6.12% Since Inception (Value*) ` 11,875 11,983 11,596 NAV/Index Value (as of 30-Jun-15) ` , , Date of allotment Jan 01, 2013 ^Scheme Benchmark. #Standard Benchmark. *Based on investment of `,000 made at inception. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. DSPBREF, DSPBROF and DSPBRTSF, which are benchmarked to the CNX 500 Index, are not sponsored, endorsed, sold or promoted by India Index Services & products (IISL). IISL is not responsible for any errors or omissions or the results obtained from the use of such index and in no event shall IISL have any liability to any party for any damages of whatsoever nature (including lost profits) resulted to such party due to purchase or sale or otherwise, of DSPBREF, DSPBROF or DSPBRTSF marked to such index. DSPBRSMF, which is benchmarked to the CNX Midcap Index, is not sponsored, endorsed, sold or promoted by India Index Services & products (IISL). IISL is not responsible for any errors or omissions or the results obtained from the use of such index and in no event shall IISL have any liability to any party for any damages of whatsoever nature (including lost profits)resulted to such party due to purchase or sale or otherwise of DSPBRSMF marked to such index. The S&P BSE 0, S&P BSE 200, S&P BSE Small Cap, S&P BSE Teck, S&P BSE Metals, S&P BSE Oil and Gas & S&P BSE SENSEX are product of Asia Index Private, which is a joint venture of S&P Dow Jones Indices LLC or its affiliates ( SPDJI ) and BSE, and has been licensed for use by Investment Managers Pvt. Ltd. Standard & Poor s and S&P are registered trademarks of Standard & Poor s Financial Services LLC ( S&P ); BSE is a registered trademark of BSE ( BSE ); and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ( Dow Jones ). Asia Index Private All rights reserved. Note: (a) All returns are absolute unless otherwise mentioned. (b) Load is not taken into consideration for computation of performance. (c) Global Allocation, Constant Maturity Y G-Sec and Ultra Short have not completed 1 year hence performance data of the same is not provided. (d) Performance of Closed ended schemes are not provided as their performance are not strictly comparable with performance of open-ended schemes. 37

40 SIP Investment Performance of all Equity oriented schemes (as on ) Mutual offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say ` 1,000/- systematically on the first Business Day of every month over a period of time. Equity (DSPBREF) - RP - Dividend SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value 2, , Benchmark^ Market Value 1, Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^CNX 500 Index; ^^CNX Nifty Index; *Inception date : 29-Apr All returns are for - Reinvest Dividend Option, assuming reinvestment of dividend. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Opportunities (DSPBROF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value 1, , Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^CNX 500 Index; ^^CNX Nifty Index; *Inception date : 16-May All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Top 0 Equity (DSPBRTEF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^S&P BSE 0; ^^CNX Nifty Index; *Inception date : -Mar All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Small and Midcap (DSPBRSMF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^CNX Midcap; ^^CNX Nifty Index; *Inception date : 14-Nov All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. India T.I.G.E.R. (DSPBRITF) (The Infrastructure Growth and Economic Reforms ) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^S&P BSE 0; ^^CNX Nifty Index; *Inception date : 11-Jun All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Tax Saver (DSPBRTSF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^CNX 500 Index; ^^CNX Nifty Index; *Inception date : 18-Jan All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. RP - 38

41 SIP Investment Performance of all Equity oriented schemes (as on ) Micro Cap (DSPBRMCF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^S&P BSE SMALL CAP; ^^CNX Nifty Index; *Inception date : 14-Jun All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Focus 25 (DSPBRF25F) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^S&P BSE 200; ^^CNX Nifty Index; *Inception date : -Jun-20. All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Technology.com (DSPBRTF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^S&P BSE Teck; ^^CNX Nifty Index; *Inception date : 16-May All returns are for - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Natural Resources and New Energy (DSPBRNRNEF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) (0.23) (15.86) Standard Benchmark^^ Return Yield(%) Balanced (DSPBRBaLF) - RP - Growth SIP Investments Since 15 Years Inception* 12 Years Years 8 Years 5 Years 3 Years 1 Year Total Amount Invested Scheme Market Value Benchmark^ Market Value Standard Benchmark^^ Market Value Scheme Return Yield (%) Benchmark^ Return Yield (%) Standard Benchmark^^ Return Yield(%) ^Crisil Balanced Index; ^^CNX Nifty Index; *Inception date : 27-May All returns are for Regular Plan - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. RP - ^Composite Benchmark = 30% S&P BSE Metals + 35% S&P BSE Oil & Gas + 35% MSCI World Energy Index - Net & Expressed in INR; Normalised; ^^CNX Nifty Index; *Inception date : 25-Apr All returns are for Regular Plan - Growth Option. Since inception returns have been calculated from the date of allotment till 30 June 2015 Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. The returns are calculated by XIRR approach assuming investment of ` 00/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance. DSPBRBalF is co-managed by Vinit Sambre & Dhawal Dalal. SIP performances for all the open ended Schemes managed by Vinit Sambre(except DSPBRMIPF) are shown. Since the orientation & feature of DSPBRBalF is different from all other schemes managed by Dhawal Dalal & DSPBRMIPF managed by Vinit Sambre, hence the SIP performances of other schemes managed by Dhawal Dalal and DSPBRMIPF are not shown. Similarly, DSPBRNRNEF is co-managed by Rohit Singhania & Jay Kothari. SIP performances are shown for all Schemes managed by Rohit Singhania. Since the orientation & feature of DSPBRNRNEF is different from all other FOF schemes managed by Jay Kothari, the SIP performances of other FOF schemes managed by Jay Kothari are not shown. For performance of all schemes in SEBI prescribed format please refer page Disclaimer: The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market. 39

42 Dividend History Record Date 28-Jul Jun May Jun Mar Dec Jul Jun May Jun Mar Dec-14 DSPBRMIPF# () Dividend per Unit (`) Individuals/HUF Others Face Value Monthly Dividend Option (during the last 3 months) Quarterly Dividend (during the last 3 quarters) DSPBRMIPF# () Monthly Dividend Option (during the last 3 months) Quarterly Dividend (during the last 3 quarters) NAV (`) DSPBRGF () Dividend per Unit (`) Record Date NAV (`) Individuals/HUF Others Face Value Monthly Dividend Option (during the last 3 months) 27-Mar Feb Jan Sep May Mar Dec Sep Jun Mar Dividend Option (during the last 3 years) Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRGF () Monthly Dividend Option (during the last 3 months) 27-Mar Feb Jan Sep May Dividend Option (during the last 3 years) Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRSBF (Institutional Plan) Dividend per Unit (`) Record Date Face NAV (`) Individuals/HUF Others Value Monthly Dividend Option (during the last 3 months) 06-Jul May Apr Mar Sep Jun Mar Dec May Mar Dec Sep Jun Mar Jul May Apr Mar Sep Jun Mar Dec May Dividend Option (during the last 3 years) DSPBRSBF () Monthly Dividend Option (during the last 3 months) Dividend Option (during the last 3 years) DSPBRTBF () Dividend per Unit (`) Record Date Individuals/HUF Others Face Value NAV (`) Monthly Dividend Option (during the last 3 months) 28-Jul Jun May Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Dec Sep May Mar Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRTBF () Monthly Dividend Option (during the last 3 months) 28-Jul Jun May Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Dec Sep May Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRIOF () Dividend per Unit (`) Record Date Individuals/HUF Others Face Value NAV (`) Monthly Dividend Option (during the last 3 months) 28-Jul Jun May Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Dec Sep May Mar Quarterly Dividend (during the last 3 quarters) 26-Jun Mar Dec DSPBRIOF () Monthly Dividend Option (during the last 3 months) 28-Jul Jun May Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Dec Sep Jun Mar Dec Quarterly Dividend (during the last 3 quarters) DSPBRBF () Dividend per Unit (`) Record Date Individuals/HUF Others Face Value NAV (`) Monthly Dividend Option (during the last quarter) 27-May Apr Feb Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Dec May Mar Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRBF () Monthly Dividend Option (during the last 3 months) 27-May Apr Feb Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Dec May Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRBPDF () Dividend per Unit (`) Record Date Individuals/HUF Others Face NAV (`) Value Monthly Dividend Option (during the last 3 months) 28-Jul Jun May Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Quarterly Dividend (during the last 3 quarters) 26-Jun Mar Dec DSPBRBPDF () Monthly Dividend Option (during the last 3 months) 28-Jul Jun May Dividend Option (during the last 3 years) 27-Mar Sep Jun Mar Quarterly Dividend (during the last 3 quarters) 26-Jun Mar Dec Investors may note that the difference in dividend per unit for 'Individuals' and 'Others', in the case of debt oriented Schemes, is due to differential rate of applicable Dividend Distribution Tax (DDT). Pursuant to payments of dividend, the NAV of the Schemes would fall to the extent of payout, and statutory levy, if any. # Monthly income is not assured and is subject to availability of distributable surplus. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of dividends, visit 40

43 Dividend History DSPBRMMF () Dividend per Unit (`) Record Date Individuals/HUF Others 28-Jul Jun May Mar Sep Jun Mar Dec Sep May Mar Dividend Option (during the last 3 years) Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRSTF () Monthly Dividend Option (during the last 3 months) 28-Jul May May Mar Sep Jun Mar Dec Sep-13 Face NAV (`) Value Monthly Dividend Option (during the last 3 months) 28-Jul May May Dividend Option (during the last 3 years) 27-Mar Sep DSPBRMMF () Monthly Dividend Option (during the last 3 months) 28-Jul May May Dividend Option (during the last 3 years) 27-Mar Sep DSPBRSTF () Dividend per Unit (`) Record Date Individuals/HUF Others Face Value NAV (`) Monthly Dividend Option (during the last 3 months) Dividend Option (during the last 3 years) Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRDAAF () Dividend per Unit (`) Record Date Individuals/HUF Others Face NAV (`) Value Monthly Dividend Option (during the last 3 months) 28-Jul Jun May DSPBRDAAF () Monthly Dividend Option (during the last 3 months) 28-Jul May May DSPBRCMYGF () Dividend per Unit (`) Record Date Individuals/HUF Others Face NAV (`) Value Monthly Dividend Option (during the last 3 months) 27-May Apr Feb Dividend Option (during the last 3 years) 27-Mar Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRCMYGF () Monthly Dividend Option (during the last 3 months) 27-May Apr Feb Dividend Option (during the last 3 years) 27-Mar Quarterly Dividend (during the last 3 quarters) 27-Mar DSPBRBalF () Record Date Dividend per Unit (`) Face Value NAV (`) 17-Jul Apr Feb Mar Dec Mar Mar-11 5-Mar- 12-Dec DSPBRBalF () 17-Jul DSPBREF () Record Date Dividend per Unit (`) Face Value NAV (`) 13-Mar Feb Apr Dec Mar-12 4-Feb Mar- 20-Nov DSPBREF () 13-Mar DSPBRTEF () Record Date Dividend per Unit (`) Face Value NAV (`) 30-Jan Feb Apr Jan Mar Sep- 24-Jul May Jan Feb Apr Jan DSPBRTEF () DSPBROF () Record Date Dividend per Unit (`) Face Value NAV (`) 16-Jan Mar Jun Feb Feb- 28-Mar DSPBRITF () Record Date Dividend per Unit (`) Face Value NAV (`) 27-Feb Mar-14 -May Jan Mar Sep- 19-Jun Feb DSPBRTSF () Record Date Dividend per Unit (`) Face Value NAV (`) 15-May Feb Feb Feb-13 4-Mar DSPBRTF () Record Date Dividend per Unit (`) Face Value NAV (`) 6-Feb Mar Jan DSPBRSMF () Record Date Dividend per Unit (`) Face Value NAV (`) 27-Mar Mar Jan Mar DSPBRNRNEF () Record Date Dividend per Unit (`) Face Value NAV (`) 09-Jan Dec Mar Mar DSPBRNRNEF () 09-Jan Record Date 19-Nov- -Jul-09 DSPBRWGF () Dividend per Unit (`) Individuals/HUF Others Face Value NAV (`) DSPBRWEF () Record Date Dividend per Unit (`) Face Individuals/HUF Others Value NAV (`) 20-Mar DSPBRWEF () 20-Mar DSPBRWAF () Record Date Dividend per Unit (`) Face Individuals/HUF Others Value NAV (`) 20-Mar DSPBRWAF () 20-Mar DSPBRUSFEF () Record Date Dividend per Unit (`) Face Individuals/HUF Others Value NAV (`) 20-Mar DSPBRF25F () Record Date Dividend per Unit (`) Face Value NAV (`) 20-Mar DSPBRUSTF () Dividend per Unit (`) Record Date Individuals/HUF Others Face NAV (`) Value Monthly Dividend Option (during the last 3 months) 28-Jul Jun DSPBRUSTF () Monthly Dividend Option (during the last 3 months) 28-Jul Jun Investors may note that the difference in dividend per unit for 'Individuals' and 'Others', in the case of debt oriented Schemes, is due to differential rate of applicable Dividend Distribution Tax (DDT). Pursuant to payments of dividend, the NAV of the Schemes would fall to the extent of payout, and statutory levy, if any. # Monthly income is not assured and is subject to availability of distributable surplus. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of dividends, visit 41

44 List of Official Points of Acceptance of Transactions* Investment Managers Private - Investor Service Centres Agra: Shanta Tower, Office 12, 1st Floor, Block E-14, 16, Sanjay Place, Agra Ahmedabad: 3rd EYE ONE, Office 301, 3rd Floor, Opposite Havmor Restaurant, C.G Road, Panchavati, Ahmedabad Bangalore: HM Geneva House, Office 4 A - 7, 1st Floor, Plot 14, Cunningham Road, Bangalore Bhopal: Star Arcade, Office 302, 3rd Floor, Plot 165 A and 166, Zone-1, M.P Nagar, Bhopal Bhubneshwar: Lotus House, Office 3, 2nd Floor, 8 / A, Kharvel Nagar, Unit III, Master Canteen Square, Bhubaneshwar Chandigarh: SCO , 1st Floor, Sector 22 C, Chandigarh Chennai: Alamelu Terraces, Office 163, 3rd Floor, Anna Salai, Chennai Coimbatore: Tristar Towers, 657, East Wing, 1st Floor, Avinashi Road, Coimbatore Dehradun: NCR Plaza, Ground floor, Office G 12/A, ( 24-A) (New 112/28, Ravindranath Tagore Marg), New Cantt Road, Hathibarhkala, Dehradun Goa: Mathias Plaza, 4th Floor, 18th June Road, Panjim,Goa Guwahati: Mayur Gardens, Office 5, Upper Ground floor, G.S Road, Near ABC Bus Stop, Guwahati Hubli: Sona Chambers, South Wing, Office 3, Ground Floor, Club Road, Hubli Hyderabad: Mahavir Chambers, Office 3, 1st Floor, Himayatnagar, Liberty Junction, Hyderabad Indore: Starlit Tower, Office 206, 2nd Floor, 29/1, Y.N Road, Opp. S.B Indore Head Office, Indore Jaipur: Green House, Office 201 to 204, 2nd Floor, O-15, Ashok Marg, Above Axis Bank, C - Scheme, Jaipur Jamshedpur: ShantiNiketan, 2nd Floor, Main Road, P.O Bistupur, Jamshedpur Jodhpur: Keshav Bhawan, Ground Floor, Office 2, Chopasni Road, Near HDFC Bank, Jodhpur Kanpur: KAN Chambers, Office , 7th Floor, 14/113, Civil Lines, Kanpur Kochi: Amrithaa Towers, Office 40 / 45 H1, 6th Floor, Opp. Maharajas College Ground, M.G Road, Kochi Kolkata: Shagun Mall Building, -A, 4th Floor, Shakespeare Sarani, Kolkata Lucknow: Speed Motors Building, 3rd Floor, 3 Shanazaf Road, Hazratganj, Lucknow Ludhiana: SCO-29, 1st Floor, Feroze Gandhi Market, Pakhowal Road, Ludhiana Mangalore: Maximus Commercial Complex, Office UGI - 5, Upper Ground Floor, Light House Hill Road, Opp. KMC, Mangalore Mumbai - Andheri: NATRAJ, Office 302, 3rd Floor, Plot No 194, MV Road Junction, Western Express Highway, Andheri (East), Mumbai Mumbai (Nariman Point): Mafatlal Centre, th Floor, Nariman Point, Mumbai Nagpur: Milestone, Office 8 & 9, 1st Floor, Ramdas Peth, Wardha Road, Nagpur Nashik: Bedmutha s Navkar Heights, Office 1 & 2, 3rd Floor, New Pandit Colony, Sharanpur Road, Nasik New Delhi (UGF): Dr Gopal Das Bhavan, Upper Ground Floor, 28 Barakhamba Road, New Delhi Patna: Office No L309 & L3, Third Floor, Dumraon Place, Frazer Road, Patna Pune: City Mall, 1st Floor, Office 9 (A, B, C), University Square, University Road, Pune Raipur: Office No Sf-18, 2nd Floor, Raheja Towers, Near Hotel Celebration, Fafadih, Raipur Rajkot: Hem Arcade, Office 303, 3rd Floor, Opposite Swami Vivekanand Statue, Dr. Yagnik Road, Rajkot Ranchi: Shrilok Complex, Office 6 & 9, 1st Floor, Plot No & 2000,4, Hazaribagh Road, Ranchi Surat: International Trade Centre (ITC), Office G - 28, Ground Floor, Majura Gate Crossing, Ring Road, Surat Trivandrum: Menamthottam Chambers, TC-2442(7), 2nd Floor, Pattom PO, Thiruvananthapuram Vadodara: Naman House, Ground Floor, 1/2 - B, Haribhakti Colony, Opp. Race Course Post Office, Race Course, Near Bird Circle, Vadodara Vapi: Bhikaji Regency, Office 3, 1st Floor, Opposite DCB Bank, Vapi Silvasa Road, Vapi Varanasi: Arihant Complex, 7th Floor, D-64/127, C-H, Sigra, Varanasi Vizag: Office no 304B, VRC complex, /15, Rajajee Nagar, Dwaraka Nagar, Visakhapatnam Agra Ahmedabad Ahmednagar Ajmer Akola Aligarh Allahabad Alleppey Alwar Amaravati Ambala Amritsar Anand Anantapur Ankleshwar- Bharuch Asansol Aurangabad Bagalkot Balasore Bareilly Basti Belgaum Berhampur Bhagalpur Bharuch Bhatinda Bhavnagar Bhilai Bhilwara Bhiwani Bhubaneswar Bhuj - Kutch Bhusawal Bikaner Bilaspur Bokaro Burdwan Calicut Chandigarh Chennai Chhindwara Cochin Cuttack Darbhanga Dehradun Deoghar Devengere Dhanbad Dhule Durgapur Eluru Erode Faizabad Faridabad Firozabad Gandhidham Gaziabad Goa Gondal Gorakhpur Gulbarga Guntur Gurgaon Guwahati CAMS Investor Service Centres and Transaction Points Visit for addresses Gwalior Haldia Haldwani Hazaribagh Himmatnagar Hisar Hoshiarpur Hosur Hubli Indore Jabalpur Jaipur Jalandhar Jalgaon Jalna Jammu Jamnagar Jamshedpur Jaunpur Jhansi Jodhpur Junagadh Kadapa Kakinada Kalyani Kanchipuram Kannur Karimnagar Karnal Karur Katni Khammam Kharagpur Kolhapur Kolkata Kollam Kota Kottayam Kumbakonam Kurnool Lucknow Ludhiana Madurai Malda Manipal Mapusa Margao Mathura Meerut Mehsana Moga Moradabad Mumbai Muzaffarpur Mysore Nagpur Namakkal Nandyal Nasik Navasari Nellore New Delhi Noida Ongole Palakkad Palanpur Panipat Pathankot Patiala Patna Pondicherry Pune Rae Bareli Raipur Rajahmundry Rajkot Ranchi Ratlam Ratnagiri Rohtak Roorkee Ropar Rourkela Sagar Saharanpur Salem Sambalpur Sangli Satara Secunderabad Shahjahanpur Shimla Shimoga Siliguri Sirsa Sitapur Solan Solapur Sonepat Sri Ganganagar Srikakulam Sultanpur Surat Surendranagar Tanjore Thane Thiruppur Thiruvalla Tinsukia Tirunelveli Tirupathi Trichy Trivandrum Tuticorin Udaipur Ujjain Unjha Vadodara Valsad Vapi Varanasi Vasco Vellore Vijayawada Yamuna Nagar Point of Services ( POS ) of MF Utilities India Pvt. Ltd. ( MFUI ) The list of POS of MFUI is published on the website of the at and MFUI at and will be updated from time to time. *Any new offices/centres opened will be included automatically. For updated list, please visit and For more information on Mutual Visit or call Toll Free :

45 Summary: Key Features of the schemes (as on ) SCHEME NAME OPTION\ PLAN GROWTH DIVIDEND MONTHLY DIVIDEND QUARTERLY DIVIDEND WEEKLY DIVIDEND DAILY DIV PAYOUT REINVEST PAYOUT REINVEST PAYOUT REINVEST PAYOUT REINVEST REINVEST Liquidity (DSPBRLF) IP/DP ü ü ü ü 00 Not Applicable Nil PURCHASE (`) ENTRY LOAD EXIT LOAD Money Manager (DSPBRMMF) RP/DP ü ü ü ü ü ü ü ü 00 Not Applicable Nil Treasury Bill (DSPBRTBF) RP/DP ü ü ü ü ü ü 00 Not Applicable Nil Short Term (DSPBRSTF) RP/DP ü ü ü ü ü ü 00 Not Applicable Banking & PSU Debt (DSPBRBPDF) RP/DP ü ü ü ü ü ü ü ü ü ü 00 Not Applicable Income Opportunities (DSPBRIOF) RP/DP ü ü ü ü ü ü ü ü ü ü 00 Not Applicable Strategic Bond (DSPBRSBF) IP/DP ü ü ü ü ü ü ü ü 00 Not Applicable Bond (DSPBRBF) RP/DP ü ü ü ü ü 00 Not Applicable Holding period <=3 months: 0.25% Holding period >3 months: Nil Holding period <= 1 month: 0.25% Holding period > 1 month: Nil Holding period<=12 months: 1% Holding period >12 months: Nil Holding <= 7 calendar days: 0.% Holding > 7 calendar days: Nil Holding <=12 months: 1% Holding >12 months: Nil Government Securities (DSPBRGF) RP/DP ü ü ü ü ü 00 Not Applicable Constant Maturity Y G-Sec (DSPBRCMYGF) RP/DP ü ü ü ü ü ü ü 00 Not Applicable MIP # (DSPBRMIPF) ~ RP/DP ü ü ü ü ü 00 Not Applicable Equity (DSPBREF), Top 0 Equity (DSPBRTEF), Opportunities (DSPBROF), Technology.com (DSPBRTF), Natural Resources and New Energy (DSPBRNRNEF) India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms ) (DSPBRITF) ~, Micro Cap (DSPBRMCF) ~, World Gold (DSPBRWGF) ~, World Energy (DSPBRWEF) ~, World Mining (DSPBRWMF) ~, DSP BlackRock Focus 25 (DSPBRF25F) ~, World Agriculture (DSPBRWAF), US Flexible* Equity (DSPBRUSFEF) ~ & DSP BlackRock Global Allocation (DSPBRGAF) RP/DP ü ü ü 00 Not Applicable RP/DP ü ü ü 00 Not Applicable Small and Mid Cap (DSPBRSMF) ~ RP/DP ü ü ü 00 Not Applicable Balanced (DSPBRBalF) RP/DP ü ü ü ü ü 00 Not Applicable Tax Saver (DSPBRTSF)^ RP/DP ü ü 500 Not Applicable Not Applicable Dynamic Asset Allocation (DSPBRDAAF) ~ RP/DP ü ü ü 00 Not Applicable Ultra Short Term (DSPBRUSTF) RP/DP ü ü ü ü ü ü ü ü 00 Not Applicable Nil Holding <= 7 calendar days: 0.% Holding > 7 calendar days: Nil Holding <=7 calendar days: 0.% Holding >7 calendar days: Nil Holding < 12 months: 2% Holding >= 12 months and < 24 months: 1% Holding >= 24 months and < 36 months: 0.50% Holding >= 36 months: Nil Holding < 12 months: 1% Holding >= 12 months: Nil Holding < 24 months: 1% Holding >= 24 months: Nil Holding < 18 months: 1% Holding >= 18 months: Nil Holding < 12 months: 1% Holding >= 12 months: Nil Holding <= 1 year: 1% Holding > 1 year & <= 2 years: 0.5% Holding > 2 years: Nil RP:, IP: Institutional Plan, DP:. ^Redemptions in DSPBRTSF are subject to a lock-in period of 3 years from date of allotment. SIP is available in all the Plans mentioned above except for Plans under DSPBRLF. SWP/STP is available in each plan of all schemes. Minimum installment for SIP/SWP/STP (all schemes) : Rs. 500/-. Minimum number of installment for SIP (all schemes except DSPBRTSF) : 12. Minimum number of installment for SIP (DSPBRTSF) : 6. # Monthly income is not assured and is subject to availability of distributable surplus. *The term Flexible in the name of the Scheme signifies that the Investment Manager of the Underlying can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants. Investors are requested to note that no fresh purchase/additional purchase/switch ins/stp-ins shall be accepted in the Institutional Plan ( Discontinued plan ) under DSPBREF, DSPBRTEF, DSPBROF, DSPBRITF, DSPBRTF, DSPBRSMF, DSPBRMCF, DSPBRNRNEF, DSPBRWGF, DSPBRWEF, DSPBRWMF, DSPBRIOF and DSPBRMMF and ( Discontinued plan ) under DSPBRLF and DSPBRSBF. However, the redemption/switch out/systematic Withdrawal Plan ( SWP )/ Systematic Transfer Plan ( STP ) - out under Discontinued plan will be processed. Investors in discontinued plan are requested to refer notice dated 28/09/2012 and 25//2012 for details about discontinued plan. For Current Expense ratio details of all the Schemes, Investors are requested to visit With effect from January 1, 2013, has been introduced in all the Schemes of Mutual. is a separate plan for direct investments i.e. investments not routed through a distributor. ~ The exit load of the Scheme has been changed on prospective basis for investments made on or after August 1, Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. Note: Investors are advised to refer to the Scheme Information Document (SID), Key Information Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch/ non-financial transaction. Investors are requested to note that with effect from October 1, 2014, no fresh purchase/additional purchase/switch ins/ STP-ins/ SIP-ins amounting to more than Rs. 2 Lakh (Rupees Two Lakh) shall be accepted under any plan of DSPBRMCF. Investors are requested to read the relevant notice and addenda to the SID and KIM available at for further details. The suspension of aforesaid transactions will continue till issuance of further notice. Investors are requested to visit the website of Mutual ( the ) at or AMFI s website at for NAV at each plan and option level for the Schemes of the, which is updated on each business day. Statutory Details: Mutual was set up as a Trust and the settlors/sponsors are DSP ADIKO Holdings Pvt. Ltd. & DSP HMK Holdings Pvt. Ltd. (collectively) and BlackRock Inc. (Combined liability restricted to Rs. 1 lakh). Trustee: Trustee Company Pvt. Ltd. Investment Manager: Investment Managers Pvt. Ltd. Risk Factors: Mutual funds, like securities investments, are subject to market and other risks and there can be no assurance that the Scheme s objectives will be achieved. As with any investment in securities, the NAV of Units issued under the Scheme can go up or down depending on the factors and forces affecting capital markets. Past performance of the sponsor/amc/mutual fund does not indicate the future performance of the Scheme. Investors in the Scheme are not being offered a guaranteed or assured rate of return. Each Scheme/Plan is required to have (i) minimum 20 investors and (ii) no single investor holding>25% of corpus. If the aforesaid point (i) is not fulfilled within the prescribed time, the Scheme/Plan concerned will be wound up and in case of breach of the aforesaid point (ii) at the end of the prescribed period, the investor s holding in excess of 25% of the corpus will be redeemed as per SEBI guidelines. The names of the Schemes do not in any manner indicate the quality of the Schemes, their future prospects or returns. For scheme specific risk factors, please refer the SID. For more details, please refer the KIM cum Application Forms, which are available on the website, and at the ISCs/Distributors. Mutual investments are subject to market risks, read all scheme related documents carefully. 43

46 HOW CAN I EXTRACT MORE WHILE INVESTING IN LESS? The equity market in India continues to be a positive long term story. But today, a few stocks are significantly outperforming others. Which leads to one big question. So what do I do with my money? High conviction investors look for higher returns even at the cost of higher risk and believe that building a concentrated portfolio through right stock selection can lead to healthy returns. Consider an equity mutual fund scheme that invests in only a focused selection of quality stocks. DSP BLACKROCK FOCUS 25 FUND Open Ended Growth Scheme This Scheme is suitable for investors who are seeking^ Long-term capital growth with exposure limited to a maximum of 25 stocks from an investment universe of top 200 companies by market capitalization Investment in equity and equity-related securities to form a concentrated portfolio RISKOMETER This scheme aims to deliver superior performance through high conviction stock selection. While it invests in a maximum of 25 stocks, it aims to mitigate the concentration risk by buying quality stocks from among the top 200 companies by market capitalization. This focused selection of stocks that are well researched and suitably diversified helps extract potential value for long term investors. Speak to your investment advisor, or visit dspblackrock.com/focus25 for more. There is no guarantee of returns/ income generation in the Scheme. Further, there is no assurance of any capital protection/capital guarantee to the investors in the Scheme. Please refer to the Scheme Information Document available on for complete asset allocation, investment pattern, strategy, risk factors and other details. ^Investors should consult their financial advisors if in doubt about whether the product is suitable for them. Mutual investments are subject to market risks, read all scheme related documents carefully.