Birla Sun Life Tax Relief 96 (An open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years)

Transcription

1 SAVE TAX GROW YOUR MONEY CRITICAL ILLNESS INSURANCE Life Tax Relief 96 (An open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years) Past performance is no guarantee of future results For award methodology refer page 2 For further details of Life Tax Relief 96 & Critical Illness Insurance refer page 2

2 World s 3rd Best Equity Ranked 3rd among Top Performing Equity s in the World by Lipper Equity s (632 funds), 1 yrs ended 31 Dec 7 Past performance is no guarantee of future results. For ranking methodology, please see overleaf. Why settle for tax savings alone when you can get a lot more. With Life Tax Relief 96 (BSL Tax Relief 96), you not only save taxes up to Rs. 33,99 under section 8 C of the Income Tax Act, 1961; you also get the opportunity to grow your money, earn dividends and get critical illness insurance of up to Rs. 1 lac. right up to the age of 55 yrs. Why settle for anything less? Tax savings of Rs. 33,99 is calculated assuming qualifying amount of deduction is Rs. 1 lac & taxable income > Rs. 1 lac. & includes applicable surcharge & education cess. Grow Your Money Grow your money with the World's 3rd Best Equity : BSL Tax Relief '96 has been ranked as world's 3rd best equity fund by Lipper for its consistent performance for the last 1 yrs ended December 31, 27. Attractive dividends: Since its inception on 29th March 1996, BSL Tax Relief '96 has declared 216% dividends. Had you invested Rs 1 Lac on 29th March 1996, you would have earned Rs Lac in Tax free dividends alone!!! Dividend Date Dividend (Rs. / unit) Cum Dividend NAV (Rs. / unit) Dividend History since inception 5/5/ 1/3/4 27/4/6 8/12/6 19/1/7 16/3/7 25/3/8 27/6/ Dividends mentioned above were on a face value of Rs. 1/unit. After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results. Critical Illness Insurance Investing in BSL Tax Relief '96 also gives you insurance of upto Rs. 1 Lac till the age of 55 yrs against 9 critical illnessess like Heart Attack, Kidney Failure, Bypass Surgery etc. Key Features Eligibility: Ages years Minimum Application Amount: Rs. 1,/- Installment Frequency: Yearly (Through ECS Only) Insurance Cover: Upto 1 times of yearly installment Critical Illnesses Insured: Heart Attack (Myocardial Infarction) Bypass Surgery (Coronary Artery by Pass Graft Surgery) Major Organ Transplant Yearly installment of Rs. 1 lac Year 1 Year 2 Year 3 Year 4 Year 5 onwards, till 55 years Kidney Failure (End Stage Renal Failure) End stage Liver disease Heart Valve Replacement Gives you a Critical Illness Insurance of... 2 x 1 lac = 2 lac 3 x 1 lac = 3 lac 4 x 1 lac = 4 lac 5 x 1 lac = 5 lac 1 x 1 lac = 1 lac Cancer Paralysis Stroke Insurance Cover Validity: Upto 55 years. Insurance Cover is valid upto 55 years, provided at least first 3 yearly installment are made (incl. 1st installment) & investor does not redeem / switch out / transfer his / her investments otherwise than as provided. Investors are requested to refer to the detailed terms and conditions for Yearly SIP with Critical Illness Insurance as specified in the addendum dated 3/12/8. Regular without this facility is also available. Life Tax Relief 96 An open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years. Award methodology: CNBC TV18 Crisil Mutual House of the Year: Life Mutual, Category - Mutual House of the Year, out of 26 houses. Houses winning at least two awards for their schemes in the category level awards for 27 were considered for the award based on consistency of fund house's performance across various scheme categories in the four quarterly CRISIL CPR rankings released during the calendar year 27. The individual CRISIL CPR ranks for their schemes were aggregated on a weighted average basis to arrive at the final ranks for fund houses. Detailed methodology available at Lipper Ranking: Life Tax Relief '96 (BSLTR'96): 3rd Rank (Top Performing Equity funds in the world) - 1 yr performance ( ), Equity s, No. of Schemes: 632. BSLTR 96 has been ranked 3rd among the top 1 equity funds in the world on the basis of Consistent Return (Effective Return) value. Entry / Exit load not considered. Ranking source: Lipper - A Reuter Co. Past performance is no guarantee of future results. Disclaimers: Investors are requested to refer to the complete terms and conditions for Yearly SIP with Critical Illness Insurance before availing the same. Regular without Critical Illness Insurance also available. BSLAMC reserves a right to modify / terminate the said Group Critical Illness Insurance on a prospective basis for new as well as for existing customers, with a notice of 3 days. Statutory Details: Constitution: Life Mutual has been set up as a Trust under the Indian Trust Act, Sponsors: Aditya Birla Nuvo Limited & Sun Life (India) AMC s Inc [liability restricted to seed corpus of Rs. 1 Lac]. Trustee: Life Trustee Company Pvt. Ltd. Manager: Life Asset Management Company Ltd. Scheme Classification, Objective and Load Structure: Life Tax Relief 96: (An Open ended Equity Linked Savings Scheme) with a lock in of 3 yrs from date of allotment with the objective of long term growth of capital through a portfolio with a target allocation of 8% equity, 2% debt and money market securities. Load Structure (Incl. SIP transactions) Entry Load: For Purchase / Switch-in of units less than Rs. 5 crores in value: 2.25%. For Purchase / Switch-in of units equal to or greater than Rs. 5 crores in value: Nil. For Direct Applications: Nil. Exit Load: Nil. Load Structure for Yearly SIP with Critical Illness Insurance: Entry Load: For Purchase of units under Yearly SIP with Critical Illness Insurance: 2.5% of the applicable NAV. For Direct Applications: Nil. Exit Load: Nil. Risk Factors: Mutual s & securities investments are subject to market risks & there can be no assurance or guarantee that the objective of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme may go up or down depending on the various factors & forces affecting capital markets & money markets. Past performance of the Sponsor / Manager / Mutual does not indicate the future performance of the Scheme & may not necessarily provide a basis of comparison with other investments. The name of the Scheme does not, in any manner, indicate either the quality of the Scheme or its future prospects or returns. Unitholders in the Scheme are not being offered any guaranteed/assured returns. The Group Critical Illness Insurance will be governed by the terms, conditions and exclusions of the insurance policy with the relevant Insurance Company as determined by the Life Asset Management Co. Ltd.. Insurance is subject matter of solicitation. For further Scheme Specific Risk Factors & other details please read the Offer Document available at Investor Service Centres and with Distributors carefully before investing.

3 Market Outlook EQUITY MARKET After a catastrophic October, the markets breathed easy over the last month. The benchmark indices, Sensex and Nifty rose by.53% and 2.15% respectively despite subdued institutional activity. On sectoral front, FMCG and Healthcare stocks were clear leaders with while Real Estate, Metals and Auto lagged behind. A quick look at institutional flows shows that FIIs reported sales worth Rs. 2,598.3 Crs (US$ 644. million) on net basis, while the domestic mutual funds were net sellers to the extent of Rs Crs. Indian Life Insurance companies continued to show positive business trends, collecting Rs. 3,417 Crs of first year premium, a growth of 28.3% YoY, as per the latest IRDA release. The Central Statistical Organization (CSO) announced that GDP growth in the quarter ended September 28 (QE Sept-8) was at 7.6%. This compares with 7.9% in QE June-8 and 9.3% in QE Sep-7. There is a visible moderation in the growth momentum. The breakup of GDP components indicates slower growth in private consumption and a negative contribution from net exports as the primary reason for the deceleration. The favourable impact of falling global commodity prices, particularly that of crude oil, seems imminent. October s trade data gives an inkling of the same as the merchandise trade deficit improved slightly from US$ 1.6 billion in previous month to US$1.5 billion, in spite of a 12.1% YoY decline in exports. The impact is also visible in inflation numbers as indicated by the WPI inflation decelerating to 8.4% YoY for the week ended November 22, 28. In view of the fact that this reflects the inflation in pipeline one can expect the CPI to trend down as well, which currently stands at 1.45% and 11.4% respectively for Industrial Workers and Agricultural Workers. This is likely to further support monetary easing as a tool to support growth. Policy actions continued from October, as the RBI announced a slew of measures to revive the credit market. These include higher liquidity injection into the banking system for NBFCs (Non Banking Financial Corporations) and mutual funds, increased ceilings for foreign currency deposits, lower risk weights for real estate assets and reduced general provisioning for banks. Indian foreign currency reserve decreased noticeably to US$237 billion. Reserve depletion has been US$29 billion since December 27. However, during the current fiscal year (April 28 onwards), forex reserves have shrunk by US$62 billion. The key reasons for the depletion of forex reserves and depreciation of the Rupee have been reversal of FII flows from earlier years and slowdown in ECBs. Going forward the crux of the matter remains the severity of the collateral damage that India would have to bear as a result of the global credit turmoil. As the expansion in credit in India has been allocated to decent projects and investments, present liquidity constraints should not degenerate into solvency issues. India has been an underinvested country, and we have been ramping up our capital spending in the past several years. While domestic savings rate has risen markedly (from 24% in 23 to 34% of GDP), it still falls short of desired level. Capital spending in last quarter was 38% of GDP, and if anything, there is potential to boost capital spending further. Unlike U.S. or European banks who are unwilling to lend because of both their impaired capital and lingering credit risk, Indian banks are eager to extend credit. However, the ability of Indian banks to accelerate credit growth even further (from the current annual rate of close to 3%) is restrained by a lack of domestic savings (deposits). Outflows of foreign capital have put further strains on domestic liquidity. We believe that appropriate policy response can easily amend the present situation, steering the country back on course of growth. DEBT MARKET Cash conditions were fairly comfortable allowing call rates to stay in a steady range thanks to the 1 bps CRR and 5 bps LAF repo rate cut announced by the RBI on Nov.1. Government also released the Debt waiver money to banks, further adding to the liquidity.wpi inflation receded to single digits, falling to 5-month low of 8.84% y-oy, from 1.72% in the previous month. The ten-year benchmark yield dipped to near 3-year lows boosted by the better cash conditions and hopes of RBI announcing deep rate cuts. People s Bank of China announced a 1.8% cut in its key lending and deposit rate that triggered hopes of easing monetary policy by the RBI. Additionally, falling inflation and lower oil prices bolstered sentiments. The yield fell below the 7% level from the previous close of 7.55%. The yield however touched a high of 7.75% during the month. Corporate bonds activity remained drab initially with uncertainty over liquidity and risk keeping traders and investors away from the market. However, a positive mood faintly returned as inflation receded and liquidity conditions improved. The 5-year AAA yield rose to 11.15% from 11.68% and its credit spread widened to 389 bps from 398 bps. India's economy grew a better-than-expected 7.6% in the September quarter y-o-y, but eased from the previous quarter's 7.9 percent as monetary tightening curbed demand. Outlook for bond markets: Globally, various Central Banks are expected to cut rate further. Fed has gone a step ahead and is intervening directly in the markets through a SPV to bring down the cost of funds. India will follow the same path sooner than later, to stimulate growth. Exports falling to negative territory is a worrying sign though imports growth indicate strong domestic demand. Bond yields could continue easing over the coming month given the extended slide in the global oil prices, lower inflation and easing monetary stance owing to slowing growth. Considerably improved cash conditions could trigger fresh buying in the market. Though, the bond auction calendar for additional borrowing is to be watched out for. Capital flows are key from the liquidity and policy point of view, and will significantly impact RBI s actions. We believe the corporate bond spreads to narrow going forward and the yields on the G-Secs to fall further. PSU bonds will be the first to experience this spread contraction. With RBI s prioritizing growth (Inflation fears have subsided), it is expected to ease the monetary policy further along with various administrative measures in order to provide industry with the credit they require, so as to avoid a slowdown. This will be a big booster for bond markets as the yields fall in the process. Our Team (In alphabetical order): As on 3th September, 28 A. Balasubramanian Chief Officer Achala Kanitkar Research Analyst - Equity Ajay Argal Co - Head Equity Ajay Garg Manager - Equity Ankit Sancheti Manager - Equity Atul Penkar Hemang Dagli Hina Sampat Lokesh Mallya Mahesh Patil Manager - Equity Sr. Dealer - Equity & Deri. Specialist Executive - Knowledge Management Credit Analyst-Fixed Income Co - Head Equity Maneesh Dangi Paresh Khandelwal Prasad Dhonde Sanjay Chawla Co - Head Fixed Income Equity Analyst Manager - Debt Manager - Equity Satyabrata Mohanty Sujit Patki Sunaina da Cunha Vineet Maloo Co - Head Fixed Income Dealer-Equity Manager - Debt Manager - Equity 3

4 Life Equity Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Growth : Dividend : Benchmark : BSE 2 Average AUM : Rs Crs. *For direct application: Entry Load is Nil. Large Small Performance An open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 9% equity and 1% debt and money market securities. Manager : Mr. Mahesh Patil Date of inception : August 27, 1998 Load Structure (Incl. for SIP) Entry Load* : Rs. 5 crores % Exit Load** : Rs. 5 crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Equity... Period Date of First Installment : October 1, 1998 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE 2 Life Equity BSE 2 Life Equity Since Inception Last 5 years Last 3 years Last 1 year Money Market Instruments 22.55% Year Life Equity - Growth BSE 2 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more Years Years Since Inception Banks Telecom-Services Cash & Current Consumer Non Durables Petroleum Products Software Other Equity Oil Power Industrial Capital Goods Finance Pharmaceuticals Retailing 8.72% 8.45% 7.12% 6.11% 5.78% 5.41% 5.21% 4.7% 4.48% 4.18% 3.17% 2.18% 11.94% Money Market Instruments ICICI Bank Ltd Canara Bank.4 Banks HDFC Bank Ltd ICICI Bank Ltd Axis Bank Ltd State Bank of India 1.9 Indian Bank 1.2 Telecom-Services 8.72 Bharti Airtel Ltd. 7. Reliance Communications Ltd Consumer Non Durables 7.12 ITC Ltd United Spirits Ltd Petroleum Products 6.11 Reliance Industries Ltd Software 5.78 Satyam Computer Services Ltd Infosys Technologies Ltd Megasoft Ltd..45 Oil 5.21 Oil & Natural Gas Corporation Ltd Power 4.7 CESC Ltd. 1.4 GVK Power & Infrastructure Ltd..93 Reliance Infrastructure Ltd..8 Tata Power Company Ltd..79 KEC International Ltd..78 Industrial Capital Goods 4.48 Crompton Greaves Ltd Bharat Heavy Electricals Ltd. 1.4 Bharat Bijlee Ltd..8 Thermax Ltd..77 Finance 4.18 Housing Development Finance Corporation Ltd United Breweries Holdings Ltd..89 India Infoline Ltd..42 Pharmaceuticals 3.17 Dr. Reddy's Laboratories Ltd Sun Pharmaceutical Industries Ltd. 1. Wockhardt Ltd..15 Maestro Mediline Systems Ltd..3 Retailing 2.18 Pantaloon Retail (India) Ltd. 2. Pantaloon Retail (India) Ltd. -Bonus - Class B Shares Series 1 **.18 Construction 1.91 IVRCL Infrastructures & Projects Ltd Housing Development & Infrastructure Ltd..59 Media & Entertainment 1.48 Balaji Telefilms Ltd..87 Jagran Prakashan Ltd..61 Magnasound India Ltd.**. Construction Projects 1.25 Larsen & Toubro Ltd Diversified.77 Hindustan Unilever Ltd..6 Aditya Birla Nuvo Ltd..17 Cash & Current 8.45 ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is.18%. Total outstanding exposure in derivatives as on November 3, 28 is Rs Crores (Notional value). 4 # Value Research Rating Life Equity Equity: Diversified ( 22 Schemes), 5 Yrs ended 3-Nov-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 CRISIL~CPR 1^^ Life Equity Consistent CPR performer Equity ( 26 Schemes), 5 Yrs ended 3-Sep-8

5 Life cap Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Performance An open-ended growth scheme with the objective to achieve long-term growth of capital at controlled level of risk by primarily investing in midcap stocks. Manager : Mr. A. Balasubramaniam & Mr. Sanjay Chawla Growth : Dividend : Benchmark : CNX cap *For direct application: Entry Load is Nil. Large Small Date of inception : October 3, 22 Load Structure (Incl. for SIP): Entry Load* : Rs. 5 crores % Exit Load** : Rs. 5 crores - 1% if redeemed / switched out within 12 months Average AUM: Rs Crores SIP is a powerful tool that can help you create wealth over time. If you had invested in Life cap Period Date of First Installment - November 1, 22. The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* CNX cap Life cap CNX cap Life cap Since Inception Last 5 years Last 3 years Last 1 year Money Market Instruments 21.% Year 3 Years Years Since Inception Consumer Non Durables Banks Pharmaceuticals Cash & Current Power Petroleum Products Other Equity Construction Industrial Capital Goods Fertilisers Industrial Products Chemicals 6.36% 6.35% 6.2% 5.83% 5.8% 4.15% 3.72% 3.63% 3.5% 3.36% 11.7% 15.7% -7 Life cap - Growth CNX cap Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Ferrous Metals Minerals/Mining Corporate Debt.19% 2.34% 2.18% Money Market Instruments 21. ICICI Bank Ltd. 21. Consumer Non Durables 15.7 ITC Ltd Marico Ltd Shaw Wallace Company Ltd. 2.4 Colgate-Palmolive (India) Ltd Balrampur Chini Mills Ltd Asian Paints (India) Ltd..7 Banks 11.7 Union Bank of India 4.58 Bank of India 3.14 Axis Bank Ltd Indian Overseas Bank 1.15 Pharmaceuticals 6.36 Lupin Ltd Glenmark Pharmaceuticals Ltd. 2.4 Power 6.2 Tata Power Company Ltd Jyoti Structures Ltd. 2.7 GVK Power & Infrastructure Ltd..77 Petroleum Products 5.83 Bharat Petroleum Corporation Ltd Hindustan Petroleum Corporation Ltd Construction 4.15 IVRCL Infrastructures & Projects Ltd Simplex Infrastructures Ltd Industrial Capital Goods 3.72 Thermax Ltd Bharat Bijlee Ltd..86 Crompton Greaves Ltd..84 Bharati Shipyard Ltd..77 Fertilisers 3.63 Tata Chemicals Ltd Industrial Products 3.5 Sintex Industries Ltd. 3.5 Chemicals 3.36 Solar Explosives Ltd Ferrous Metals 2.34 Monnet Ispat Ltd. 1.4 Welspun Gujarat Stahl Rohren Ltd..93 Minerals/Mining 2.18 Nava Bharat Ventures Ltd Auto Ancillaries 1.29 Exide Industries Ltd Consumer Durables 1.23 Havells India Ltd Software.9 Tech Mahindra Ltd..9 Pesticides.75 United Phosphorus Ltd..75 Transportation.54 Great Eastern Shipping Company Ltd..54 Cement.37 Century Textile & Industries Ltd..37 Corporate Debt.19 Trent Ltd.**.19 Cash & Current 6.35 ** Represents thinly traded / non traded securities. Total Percentage of thinly/non traded securities is.19%. # Value Research Rating Life cap Equity: Diversified ( 22 Schemes), 5 Yrs ended 3-Nov-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 5

6 Life Frontline Equity Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Growth : Dividend : Benchmark : BSE 2 *For direct application: Entry Load is Nil. Large Small Performance An open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 1% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE 2. Manager : Mr. Mahesh Patil Date of inception : August 3, 22 Load Structure (Incl. for SIP): Entry Load* : Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months Average AUM: Rs Crores SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Frontline Equity... Period Date of First Installment : October 1, 22 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE 2 Life Frontline Equity BSE 2 Life Frontline Equity Since Inception Last 5 Years Last 3 years Last 1 year Year Years Years Since Inception Money Market Instruments Banks Other Equity Cash & Current Telecom-Services 8.% 1.17% 11.29% 12.36% 18.46% -2-3 Petroleum Products Software 7.37% 7.16% Life Frontline Equity - Growth BSE 2 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Consumer Non Durables Finance Pharmaceuticals Oil Industrial Capital Goods 6.29% 5.41% 5.% 4.5% 4.1% Money Market Instruments ICICI Bank Ltd Banks HDFC Bank Ltd Axis Bank Ltd. 2.7 ICICI Bank Ltd State Bank of India 2.13 ING Vysya Bank Ltd Telecom-Services 8. Bharti Airtel Ltd Reliance Communications Ltd Petroleum Products 7.37 Reliance Industries Ltd Indian Oil Corporation Ltd Software 7.16 Satyam Computer Services Ltd Infosys Technologies Ltd Tata Consultancy Services Ltd Consumer Non Durables 6.29 ITC Ltd United Spirits Ltd Nestle India Ltd Finance 5.41 Housing Development Finance Corporation Ltd Power Finance Corporation Ltd..94 Rural Electrification Corporation Ltd..59 ICRA Ltd..37 Pharmaceuticals 5. Dr. Reddy's Laboratories Ltd Cipla Ltd. 1.7 Sun Pharmaceutical Industries Ltd Oil 4.5 Oil & Natural Gas Corporation Ltd. 4.5 Industrial Capital Goods 4.1 Crompton Greaves Ltd Bharat Electronics Ltd..92 Bharat Heavy Electricals Ltd..61 Thermax Ltd..36 Media & Entertainment 1.99 Zee Entertainment Enterprises Ltd Television Eighteen India Ltd..58 Power 1.76 CESC Ltd Tata Power Company Ltd..39 Non - Ferrous Metals 1.61 Sterlite Industries India Ltd Ferrous Metals 1.46 Jindal Steel & Power Ltd Construction Projects 1.43 Larsen & Toubro Ltd Fertilisers 1.2 Tata Chemicals Ltd. 1.2 Construction.84 IVRCL Infrastructures & Projects Ltd..84 Auto.72 Maruti Suzuki India Ltd..72 Gas.46 GAIL India Ltd..46 Cash & Current 1.17 Total outstanding exposure in derivatives as on November 3, 28 is Rs Crores (Notional value). 6 # Value Research Rating Life Frontline Equity Equity: Diversified ( 22 Schemes), 5 Yrs ended 3-Nov-8 CRISIL~CPR 2^^ Life Frontline Equity Diversified Equity Scheme ( 9 Schemes), 2 Yrs ended 3-Sep-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 && CNBC TV-18 CRISIL AWARD 27 Life Frontline Equity Category: Large Cap oriented Equity 1 yr performance ended 31 Dec, 7 Total Schemes in Category = 22

7 Life Tax Relief '96 An open-ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Growth* : 4.84 Dividend : *Introduced with effect from 6/3/8 Performance An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 8% equity, 2% debt and money market securities Manager : Mr. Ajay Garg Date of inception : March 29, 1996 Load Structure (Incl. for SIP): Entry Load* : Rs. 5 crores % Exit Load : NIL Benchmark : BSE 2 Average AUM: Rs Crores *For direct application: Entry Load is Nil. Large Small SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Tax Relief '96... Period Date of First Installment : April 1, 1996 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE 2 Life Tax Relief '96 BSE 2 Life Tax Relief '96 Since Inception Last 5 years Last 3 years Last 1 year Year 3 Years Years Since Inception Money Market Instruments Banks Industrial Capital Goods Finance Petroleum Products Telecom-Services Cash & Current Construction Projects Power Auto Ancillaries Auto Consumer Non Durables Industrial Products 5.43% 5.33% 5.2% 3.9% 3.77% 2.92% 2.84% 2.79% 8.9% 1.8% 1.76% 11.82% 15.47% Life Tax Relief 96 - Dividend BSE 2 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of the tax free dividend declared. Software Pesticides Hotels Ferrous Metals Other Equity 2.66% 2.33% 2.2% 2.15% 1.56% Money Market Instruments ICICI Bank Ltd Banks HDFC Bank Ltd ICICI Bank Ltd ING Vysya Bank Ltd Axis Bank Ltd Kotak Mahindra Bank Ltd. 1.2 Industrial Capital Goods 1.8 Bharat Heavy Electricals Ltd Honeywell Automation India Ltd Crompton Greaves Ltd Bharat Bijlee Ltd. 1.1 Siemens Ltd..72 Finance 1.76 Housing Development Finance Corporation Ltd ICRA Ltd Reliance Capital Ltd United Breweries Holdings Ltd India Infoline Ltd..98 Petroleum Products 8.9 Reliance Industries Ltd. 8.9 Telecom-Services 5.43 Bharti Airtel Ltd Construction Projects 5.2 Larsen & Toubro Ltd. 5.2 Power 3.9 Reliance Infrastructure Ltd. 3.1 GVK Power & Infrastructure Ltd..89 Auto Ancillaries 3.77 Bosch Ltd MRF Ltd..86 Auto 2.92 Maruti Suzuki India Ltd Mahindra & Mahindra Ltd..75 Consumer Non Durables 2.84 Shaw Wallace & Company Ltd Radico Khaitan Ltd. 1.5 Industrial Products 2.79 Cummins India Ltd Software 2.66 Infosys Technologies Ltd. 1.9 Tata Consultancy Services Ltd..76 Pesticides 2.33 United Phosphorus Ltd Hotels 2.2 Asian Hotels Ltd Taj GVK Hotels & Resorts Ltd..91 Ferrous Metals 2.15 Jindal Steel & Power Ltd Tata Steel Ltd..5 Media & Entertainment 1.7 Television Eighteen India Ltd. 1.7 Magnasound India Ltd.**. Trading.49 Uniphos Enterprises Ltd..49 Cash & Current 5.33 ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is.%.total outstanding exposure in derivatives as on November 3, 28 is Rs 44.9 Crores (Notional value). Ranked 3rd among Top Performing Equity & s in the World by Lipper Life Tax Relief '96 Equity s (632 funds), 1 yrs ended 31 Dec 7 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 7

8 Life Infrastructure As on November 3, 28 Style Box Objective Systematic Plan (SIP) Style Value Blend Growth Size Growth : 7.6 Dividend : 7.6 Benchmark : S&P CNX NIFTY Average AUM : Rs Crs *For direct application: Entry Load is Nil. Large Small Performance An open-ended growth scheme with the objective to providing for medium to long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India. Manager : Mr. Mahesh Patil Date of inception : March 17, 26 Load Structure (Incl. for SIP) Entry Load* : Rs. 5 crores % Exit Load** : Rs. 5 crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Infrastructure... Period Date of First Installment : April 1, 26 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* S&P CNX NIFTY Life Infrastructure S&P CNX NIFTY Life Infrastructure Since Inception Last 1 year Year Since Inception Money Market Instruments 24.39% Power Banks 9.64% 1.58% -2 Industrial Capital Goods 7.54% Petroleum Products 7.44% -3-4 Cash & Current Telecom-Services Other Equity 7.28% 6.81% 5.25% Oil Finance Gas 4.6% 3.81% 5.12% -7 Life Infrastructure - Growth S&P CNX Nifty Construction Ferrous Metals 2.55% 3.31% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Transportation 2.22% Money Market Instruments ICICI Bank Ltd Power 1.58 CESC Ltd PTC India Ltd Jyoti Structures Ltd GVK Power & Infrastructure Ltd KEC International Ltd Tata Power Company Ltd Kalpataru Power Transmission Ltd..32 Banks 9.64 HDFC Bank Ltd Axis Bank Ltd ICICI Bank Ltd South Indian Bank Ltd..89 State Bank of India.62 Industrial Capital Goods 7.54 Bharat Heavy Electricals Ltd Crompton Greaves Ltd Thermax Ltd Bharat Electronics Ltd Bharati Shipyard Ltd..66 Suzlon Energy Ltd..22 Petroleum Products 7.44 Reliance Industries Ltd Telecom-Services 6.81 Bharti Airtel Ltd Oil 5.12 Oil & Natural Gas Corporation Ltd Finance 4.6 Housing Development Finance Corporation Ltd Power Finance Corporation Ltd..58 Gas 3.81 Gujarat Gas Company Ltd GAIL (India) Ltd Construction 3.31 Nagarjuna Construction Company Ltd Housing Development and Infrastructure Ltd..7 ITD Cementation India Ltd..58 Madhucon Projects Ltd..35 Hindustan Sanitaryware & Industries Ltd..24 Ferrous Metals 2.55 Jindal Steel & Power Ltd Maharashtra Seamless Ltd. 1.2 Welspun Gujarat Stahl Rohren Ltd..33 Transportation 2.22 Gateway Distriparks Ltd Arshiya International Ltd..62 Industrial Products 1.94 Finolex Cables Ltd..68 Kirloskar Oil Engines Ltd..61 Torrent Cables Ltd.**.41 Sintex Industries Ltd..23 Construction Project 1.6 Larsen & Toubro Ltd. 1.4 Voltas Ltd..56 Cement 1.18 Jaiprakash Associates Ltd Hotels.53 Taj GVK Hotels & Resorts Ltd..53 Cash & Current 7.28 ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is.41%.total outstanding exposure in derivatives as on November 3, 28 is Rs Crores (Notional value). 8 (Past performance is no guarantee of future results.) for ranking methodology please refer last page && CNBC TV-18 CRISIL AWARD 27 Emerging Equity of the Year Life Infrastructure Growth 1 yr performance ended 31 Dec, 7. Total Schemes in Category = 14

9 Life Basic Industries Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Large Small Growth : 45.7 Dividend : Performance A multi-sector open-ended growth scheme with the objective of long term growth capital, through a portfolio with a target allocation of 1% equity, focusing on investing in companies sensitive to economic cycles and commodity pricing cycles. The investments will be in companies which are often referred to as cyclical companies. Manager : Mr. Ankit Sancheti Date of inception : January 15, 2 Benchmark : BSE 2 Average AUM : Rs Crores *For direct application: Entry Load is Nil. Load Structure (Incl. for SIP) Entry Load*: Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Basic Industries... Period Date of First Installment : March 1, 2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE 2 Life Basic Industries BSE 2 Life Basic Industries Since Inception Last 5 years Last 3 years Last 1 year Year 3 Years Years Since Inception Cash & Current Petroleum Products Banks Other Equity Industrial Capital Goods Power Ferrous Metals Finance Oil Industrial Products 12.36% 9.98% 8.1% 7.91% 6.5% 5.% 4.43% 3.7% 3.23% 34.2% -7 Life Basic Industries - Growth BSE 2 Construction 2.6% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Fertilisers 2.25% Petroleum Products Reliance Industries Ltd Apar Industries Ltd Indian Oil Corporation Ltd Bharat Petroleum Corporation Ltd. 2.1 Banks 9.98 Bank of Baroda 3.66 ICICI Bank Ltd. 3.1 Union Bank of India 2.83 Axis Bank Ltd..49 Industrial Capital Goods 7.91 Bharat Heavy Electricals Ltd Crompton Greaves Ltd. 1.5 Thermax Ltd..8 Bharati Shipyard Ltd..71 Voltamp Transformers Ltd..53 Elecon Engineering Ltd..43 Bharat Bijlee Ltd..21 Power 6.5 Tata Power Company Ltd Jyoti Structures Ltd PTC India Ltd Ferrous Metals 5. Jindal Steel & Power Ltd. 2.1 Maharashtra Seamless Ltd. 2.9 Jindal Saw Ltd..81 Finance 4.43 Housing Development Finance Corporation Ltd Oil 3.7 Oil & Natural Gas Corporation Ltd. 2.2 Cairn India Ltd Industrial Products 3.23 Sintex Industries Ltd Carborundum Universal Ltd..65 TRF Ltd..4 Construction 2.6 IVRCL Infrastructures & Projects Ltd Nagarjuna Construction Company Ltd..66 Fertilisers 2.25 Tata Chemicals Ltd Coromandel Fertilisers Ltd..97 Construction Projects 1.86 Larsen & Toubro Ltd Transportation 1.69 Gateway Distriparks Ltd Paper 1.48 Ballarpur Industries Ltd Auto Ancillaries 1.11 Exide Industries Ltd Mining 1.6 Gujarat NRE Coke Ltd. 1.6 Consumer Non Durables.81 Mcleod Russel India Ltd..81 Cash & Current 34.2 Total outstanding exposure in derivatives as on November 3, 28 is Rs Crores (Notional value). 9

10 Life India GenNext As on November 3, 28 Style Box Style Value Blend Growth Size Large Small Objective An open-ended growth scheme with the objective to target growth of capital by investing in equity/equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation (Generation Next). The scheme will invest in companies that have the following characteristics: 1. Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand identity, thereby enabling choice. Manager : Mr. A. Balasubramaniam & Mr. Sanjay Chawla Growth : Dividend : 9.92 Date of inception : August 5, 25 Load Structure (Incl. for SIP): Entry Load* : Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months Benchmark : S&P CNX NIFTY Average AUM : Rs Crores Systematic Plan (SIP) SIP is a powerful tool that can help you create wealth over time. If you had invested in Life India GenNext... Period Total (Rs.) Date of First Installment : September 1, 25 Value (Rs.) of SIP in Returns (%)* S&P CNX NIFTY Life India GenNext S&P CNX NIFTY Life India GenNext Since Inception Last 3 year Last 1 year The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) *For direct application: Entry Load is Nil. Performance 1 1 Year Years Since Inception Consumer Non Durables Cash & Current 16.41% 31.53% -1 Banks 1.65% Pharmaceuticals 1.1% -2-3 Telecom-Services Finance 6.71% 7.59% Diversified Other Equity Media & Entertainment 2.9% 3.95% 5.78% -6 Life India GenNext - Growth S&P CNX Nifty Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Petroleum Products Retailing 2.28% 2.1% Consumer Non Durables ITC Ltd Glaxosmithkline Consumer Healthcare India Ltd Colgate-Palmolive (India) Ltd Nestle India Ltd. 5.1 Dabur India Ltd Asian Paints (India) Ltd United Spirits Ltd Shaw Wallace Company Ltd..92 Banks 1.65 Axis Bank Ltd HDFC Bank Ltd Federal Bank Ltd ING Vysya Bank Ltd Pharmaceuticals 1.1 Sun Pharmaceutical Industries Ltd Glaxosmithkline Pharmaceuticals Ltd Telecom-Services 7.59 Bharti Airtel Ltd Reliance Communications Ltd. 1.2 Finance 6.71 Housing Development Finance Corporation Ltd India Infoline Ltd..73 Diversified 5.78 Hindustan Unilever Ltd Media & Entertainment 2.9 Zee Entertainment Enterprises Ltd 1.48 Zee News Ltd..72 Jagran Prakashan Ltd..71 Petroleum Products 2.28 Castrol (India) Ltd Retailing 2.1 Pantaloon Retail (India) Ltd. 1.9 Pantaloon Retail (India) Ltd. -Bonus - Class B Shares Series 1 **.2 Software 1.98 Educomp Solutions Ltd..92 Everonn Systems India Ltd..67 Core Projects & Technologies Ltd.38 Consumer Durables 1.63 Bajaj Electricals Ltd Hotels.34 Country Club India Ltd..34 Cash & Current ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is.2%. 1

11 Life Advantage Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Performance An open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk through a diversified research based investment approach. Manager : Mr. A. Balasubramaniam Growth : Dividend : Date of inception : February 24, 1995 Benchmark : BSE Sensex Average AUM : Rs Crores *For direct application: Entry Load is Nil. Large Small Load Structure (Incl. for SIP) Entry Load*: Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Advantage... Period Date of First Installment : March 1, 1995 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE Sensex Life Advantage BSE Sensex Life Advantage Since Inception Last 5 years Last 3 years Last 1 year Money Market Instruments 15.49% Year Years 5 Years Since Inception Petroleum Products Banks Software Telecom-Services Consumer Non Durables Industrial Capital Goods Finance Pharmaceuticals 5.92% 4.97% 4.85% 4.83% 7.72% 1.3% 1.99% 11.75% -3 Cash & Current 4.76% -4 Construction Projects Ferrous Metals 3.8% 3.7% Life Advantage - Growth BSE Sensex Power Non - Ferrous Metals Other Equity Gas 2.89% 2.5% 2.38% 2.3% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Cement 2.2% Money Market Instruments ICICI Bank Ltd Petroleum Products Reliance Industries Ltd Indian Oil Corporation Ltd. 4.3 Bharat Petroleum Corporation Ltd Banks 1.99 State Bank of India 2.84 HDFC Bank Ltd Axis Bank Ltd. 2.7 Bank of India 1.58 Union Bank of India.88 Punjab National Bank.84 Software 1.3 Infosys Technologies Ltd Satyam Computer Services Ltd Tata Consultancy Services Ltd Wipro Ltd..65 Core Projects & Technologies Ltd..65 Telecom-Services 7.72 Bharti Airtel Ltd. 4.9 Reliance Communications Ltd. 2.6 Idea Cellular Ltd Consumer Non Durables 5.92 ITC Ltd United Spirits Ltd Balrampur Chini Mills Ltd..84 Industrial Capital Goods 4.97 Bharat Heavy Electricals Ltd. 3.9 Thermax Ltd..79 Emco Ltd..28 Finance 4.85 Housing Development Finance Corporation Ltd Reliance Capital Ltd Pharmaceuticals 4.83 Cipla Ltd. 3.9 Glenmark Pharmaceuticals Ltd Construction Project 3.8 Larsen & Toubro Ltd. 3.8 Ferrous Metals 3.7 Jindal Steel & Power Ltd Welspun Gujarat Stahl Rohren Ltd..68 Power 2.89 Reliance Infrastructure Ltd KEC International Ltd..2 Non - Ferrous Metals 2.5 Sterlite Industries (India) Ltd Hindalco Industries Ltd. 1.6 Gas 2.3 GAIL (India) Ltd. 2.3 Cement 2.2 India Cements Ltd Century Textile & Industries Ltd..56 Diversified 1.61 Aditya Birla Nuvo Ltd Fertilisers.64 Tata Chemicals Ltd..64 Construction.13 Dharti Dredging & Construction Ltd. **.13 Cash & Current 4.76 ** Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on November 3, 28 is Rs Crores (Notional value). Total Percentage of thinly/non traded securities is.13%. 11

12 Life Tax Plan An open-ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years As on November 3, 28 Style Box Objective Systematic Plan (SIP) Style Value Blend Growth Size Growth* : 6.79 Dividend : *Introduced with effect from 1/1/6 Performance An open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment. Manager : Mr. Sanjay Chawla Date of inception : February 16, 1999 Load Structure (Incl. for SIP) Entry Load* : Rs. 5 crores % Exit Load** Benchmark : BSE Sensex Average AUM : Rs Crores *For direct application: Entry Load is Nil. Large Small : Nil SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Tax Plan Period Date of First Installment : March 1,1999 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE Sensex Life Tax Plan BSE Sensex Life Tax Plan Since Inception Last 5 years Last 3 years Last 1 year Cash & Current 18.4% Year Years 5 Years Since Inception Banks Pharmaceuticals Petroleum Products Telecom-Services Other Equity Consumer Non Durables Oil Software Industrial Capital Goods Power 4.6% 4.48% 3.85% 3.62% 8.49% 7.49% 6.83% 6.67% 5.99% 1.2% Life Tax Plan - Dividend BSE Sensex Chemicals Transportation Retailing Ferrous Metals Fertilisers 3.11% 3.1% 3.6% 2.73% 2.66% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of tax free dividend declared. Non - Ferrous Metals Auto Ancillaries 2.57% 2.54% Banks 1.2 HDFC Bank Ltd State Bank of India 3.92 Federal Bank Ltd Pharmaceuticals 8.49 Sun Pharmaceutical Industries Ltd. 5.4 Dr. Reddys Laboratories Ltd. 3.9 Petroleum Products 7.49 Reliance Industries Ltd Telecom-Services 6.83 Bharti Airtel Ltd Reliance Communications Ltd Consumer Non Durables 5.99 ITC Ltd Ruchi Soya Industries Ltd..77 Oil 4.6 Oil & Natural Gas Corporation Ltd. 4.6 Software 4.48 Infosys Technologies Ltd Industrial Capital Goods 3.85 Bharat Electronics Ltd Bharat Bijlee Ltd. 1.1 Power 3.62 Tata Power Company Ltd Chemicals 3.11 Solar Explosives Ltd Transportation 3.1 Mundra Port And Special Economic Zone Ltd. 3.1 Retailing 3.6 Pantaloon Retail (India) Ltd. 2.8 Pantaloon Retail (India) Ltd. -Bonus - Class B Shares Series 1 **.25 Ferrous Metals 2.73 Maharashtra Seamless Ltd. 2. Welspun Gujarat Stahl Rohren Ltd..73 Fertilisers 2.66 Tata Chemicals Ltd Non - Ferrous Metals 2.57 Sterlite Industries (India) Ltd Auto Ancillaries 2.54 Goodyear India Ltd Diversified 1.7 Hindustan Unilever Ltd. 1.7 Construction 1.68 JMC Projects India Ltd..9 Simplex Infrastructures Ltd..78 Construction Projects 1.31 Larsen & Toubro Ltd Industrial Products 1.11 TRF Ltd Consumer Durables.51 Havells India Ltd..51 Gas.35 GAIL (India) Ltd..35 Cash & Current 18.4 ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is.25%. Name of the scheme has been changed w.e.f. 23/6/8. Erstwhile: Birla Equity Plan 12

13 Life Index Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Large Small Growth : Dividend : 1.66 Performance An open-ended index-linked growth scheme with the objective to generate returns commensurate with the performance of Nifty subject to tracking errors. Manager : Mr. Ajay Garg Date of inception : September 18, 22 Load Structure (Incl. for SIP) Entry Load : NIL Exit Load** : Rs. 5 crores -1% if redeemed / switched out within 15 days Benchmark : S & P CNX Nifty Average AUM : Rs Crores SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Index Period Total (Rs.) Date of First Installment : October 1, 22 Value (Rs.) of SIP in Returns (%)* S&P CNX NIFTY Life Index S&P CNX NIFTY Life Index Since Inception Last 5 years Last 3 years Last 1 year The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Year Years 5 Years Since Inception Cash & Current Other Equity Petroleum Products Power 9.1% 8.74% 13.85% 3.82% -1-2 Telecom-Services Software 7.85% 7.59% -3 Oil 7.11% -4 Banks 6.55% Life Index - Growth S&P CNX Nifty Industrial Capital Goods Consumer Non Durables 2.66% 3.64% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Diversified 2.9% Petroleum Products 9.1 Reliance Industries Ltd Reliance Petroleum Ltd Bharat Petroleum Corporation Ltd..52 Power 8.74 NTPC Ltd Power Grid Corporation of India Ltd Reliance Power Ltd. 1.7 Tata Power Company Ltd..6 Reliance Infrastructure Ltd..47 Telecom-Services 7.85 Bharti Airtel Ltd Reliance Communications Ltd Idea Cellular Ltd..59 Tata Communications Ltd..46 Software 7.59 Infosys Technologies Ltd Tata Consultancy Services Ltd Wipro Ltd Satyam Computer Services Ltd..66 HCL Technologies Ltd..37 Oil 7.11 Oil & Natural Gas Corporation Ltd. 6.2 Cairn India Ltd. 1.9 Banks 6.55 State Bank of India 2.8 HDFC Bank Ltd ICICI Bank Ltd Punjab National Bank.57 Industrial Capital Goods 3.64 Bharat Heavy Electricals Ltd. 2.7 ABB Ltd..38 Siemens Ltd..31 Suzlon Energy Ltd..25 Consumer Non Durables 2.66 ITC Ltd Diversified 2.9 Hindustan Unilever Ltd. 2.9 Pharmaceuticals 1.86 Sun Pharmaceutical Industries Ltd..91 Cipla Ltd..63 Ranbaxy Laboratories Ltd..32 Auto 1.82 Hero Honda Motors Ltd..65 Maruti Suzuki India Ltd..63 Mahindra & Mahindra Ltd..29 Tata Motors Ltd..25 Construction Projects 1.73 Larsen & Toubro Ltd Finance 1.7 Housing Development Finance Corporation Ltd. 1.7 Ferrous Metals 1.57 Steel Authority of India Ltd Tata Steel Ltd..45 Construction 1.52 DLF Ltd Unitech Ltd..15 Non-Ferrous Metals 1.5 Sterlite Industries India Ltd..68 National Aluminium Company Ltd..45 Hindalco Industries Ltd..37 Gas 1.1 GAIL (India) Ltd. 1.1 Cement.96 Grasim Industries Ltd..33 Ambuja Cements Ltd..32 ACC Ltd..31 Media & Entertainment.19 Zee Entertainment Enterprises Ltd..19 Cash & Current 3.82 Total outstanding exposure in derivatives as on November 3, 28 is Rs Crores (Notional value). 13

14 Life New Millennium Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Large Small A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 1% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. Manager : Mr. Atul Penkar Date of inception : January 15, 2 SIP is a powerful tool that can help you create wealth over time. If you had invested in Life New Millennium... Period Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE Teck Life New Millennium BSE Teck Life New Millennium Since Inception Last 5 years Last 3 years Last 1 year Growth : 9.92 Dividend : 7.86 Load Structure (Incl. for SIP) Entry Load*: Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months Date of First Installment : March 1, 2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Benchmark : BSE Teck Average AUM : Rs Crores *For direct application: Entry Load is Nil. Performance Software 34.19% -1 1 Year 3 Years Years Since Inception Telecom-Services 27.62% -2-3 Cash & Current 24.1% Life New Millennium - Growth BSE Teck Media & Entertainment Hardware 4.19% 9.89% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Software Infosys Technologies Ltd Satyam Computer Services Ltd i Infotech Ltd. 2.6 Tata Consultancy Services Ltd Infotech Enterprises Ltd. 2.1 Megasoft Ltd Tanla Solutions Ltd Oracle Financial Services Software Ltd Subex Ltd..85 Core Projects and Technologies Ltd..7 Tech Mahindra Ltd..65 Telecom-Services Bharti Airtel Ltd Reliance Communications Ltd Idea Cellular Ltd Media & Entertainment 9.89 Jagran Prakashan Ltd Zee Entertainment Enterprises Ltd PVR Ltd. 1.4 ETC Networks Ltd TV Today Network Ltd..85 Balaji Telefilms Ltd..72 Magnasound India Ltd. **. Hardware 4.19 Allied Digital Services Ltd. 4.2 HCL Infosystems Ltd..17 Cash & Current 24.1 ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is %. 14

15 Life Top 1 Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Growth : Dividend : 9.19 Performance An open-ended growth scheme with the objective to provide medium to longterm c a p i t a l a p p r e c i a t i o n, b y i n v e s t i n g predominantly in a diversified portfolio of equity and equity related securities of top 1 companies as measured by market capitalization. Manager : Mr. Ajay Argal Date of inception : October 24, 25 Benchmark : S & P CNX Nifty Average AUM : Rs Crores *For direct application: Entry Load is Nil. Large Small Load Structure (Incl. for SIP): Entry Load* : Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Top 1... Period Date of First Installment : November 1, 25 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* S&P CNX NIFTY Life Top 1 S&P CNX NIFTY Life Top 1 Since Inception Last 3 years Last 1 year Year Years Since Inception Banks Money Market Instruments Software Telecom-Services Consumer Non Durables 7.8% 1.77% 1.38% 9.76% 9.23% -2-3 Petroleum Products Oil Industrial Capital Goods 6.35% 7.4% 7.31% -4 Other Equity Pharmaceuticals 6.26% 6.1% Life Top 1 - Growth S&P CNX Nifty Cash & Current Finance Power Diversified 4.71% 4.32% 3.9% 3.28% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Auto Ancillaries 2.52% Banks 1.77 ICICI Bank Ltd HDFC Bank Ltd Bank of India 1.62 Oriental Bank of Commerce 1.55 Axis Bank Ltd State Bank of India.5 Money Market Instruments 1.38 ICICI Bank Ltd Software 9.76 Infosys Technologies Ltd. 5.5 Tata Consultancy Services Ltd Satyam Computer Services Ltd. 2.7 Telecom-Services 9.23 Bharti Airtel Ltd Reliance Communications Ltd Consumer Non Durables 7.8 ITC Ltd Nestle India Ltd Petroleum Products 7.4 Reliance Industries Ltd. 7.4 Oil 7.31 Oil & Natural Gas Corporation Ltd. 6.3 Cairn India Ltd. 1.1 Industrial Capital Goods 6.35 Bharat Heavy Electricals Ltd. 3.9 Bharat Electronics Ltd Crompton Greaves Ltd..73 Pharmaceuticals 6.1 Sun Pharmaceutical Industries Ltd Dr. Reddy's Laboratories Ltd Cipla Ltd Finance 4.32 Housing Development Finance Corporation Ltd Power 3.9 NTPC Ltd CESC Ltd Diversified 3.28 Hindustan Unilever Ltd Auto Ancillaries 2.52 Bosch Ltd Ferrous Metals 1.58 Tata Steel Ltd Welspun Gujarat Stahl Rohren Ltd..45 Transportation 1.4 Great Eastern Shipping Company Ltd. 1.4 Fertilisers 1.26 Tata Chemicals Ltd Non - Ferrous Metals 1.18 Sterlite Industries (India) Ltd Construction Projects.85 Larsen & Toubro Ltd..85 Cash & Current

16 Life Buy India Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Large Small A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 1% equity, focusing on investing in businesses that are driven by India's large population and inherent consumption patterns. The focus of the scheme will be in the consumer and healthcare sectors. Manager : Mr. Ajay Garg Date of inception : January 15, 2 SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Buy India... Period Total (Rs.) Value (Rs.) of SIP in Returns (%)* BSE 2 Life BSE 2 Buy India Life Buy India Since Inception Last 5 years Last 3 years Last 1 year Growth : Dividend : Load Structure (Incl. for SIP) Entry Load*: Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months Date of First Installment : March 1, 2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Benchmark : BSE 2 Average AUM : Rs Crores *For direct application: Entry Load is Nil. Performance 3 Consumer Non Durables 22.18% Year 3 Years Years Since Inception Pharmaceuticals Cash & Current Pesticides Finance Auto Banks 8.35% 7.52% 6.89% 6.13% 15.27% 17.% Hotels 4.65% Gas 4.64% Life Buy India - Growth BSE 2 Telecom-Services 4.51% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Media & Entertainment 2.85% Consumer Non Durables Tata Tea Ltd United Spirits Ltd E.I.D. Parry (India) Ltd Shaw Wallace Company Ltd. 3.1 Radico Khaitan Ltd Marico Ltd ITC Ltd Pharmaceuticals 17. Glaxosmithkline Pharmaceuticals Ltd Sun Pharmaceutical Industries Ltd Aventis Pharma Ltd Pfizer Ltd. 1.5 Pesticides 8.35 Rallis India Ltd Finance 7.52 Housing Development Finance Corporation Ltd Reliance Capital Ltd India Infoline Ltd. 1.4 United Breweries Holdings Ltd. 1.1 Auto 6.89 Maruti Suzuki India Ltd Banks 6.13 ICICI Bank Ltd Axis Bank Ltd Kotak Mahindra Bank Ltd Hotels 4.65 Taj GVK Hotels & Resorts Ltd Asian Hotels Ltd. 2.1 Gas 4.64 Indraprastha Gas Ltd Telecom-Services 4.51 Bharti Airtel Ltd Reliance Communications Ltd..63 Media & Entertainment 2.85 PVR Ltd Television Eighteen India Ltd..94 UTV Software Communications Ltd..59 Magnasound India Ltd. **. Retailing. Trent Ltd. - Warrants**. Cash & Current **Represents thinly traded / non traded securities. Total Percentage of thinly/non traded securities is %. 16

17 Life MNC Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Performance An open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach. Manager : Mr. A. Balasubramaniam Growth : Dividend : 39.8 Date of inception : December 27, 1999 Benchmark : S & P CNX MNC Average AUM : Rs Crores *For direct application: Entry Load is Nil. Large Small Load Structure (Incl. for SIP) Entry Load* : < Rs. 5 crores % Exit Load** : Rs. 5 crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life MNC Period Date of First Installment : January 1, 2 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* S&P CNX MNC Life MNC S&P CNX MNC Life MNC Since Inception Last 5 years Last 3 years Last 1 year Year 3 Years Years Since Inception Pharmaceuticals Consumer Non Durables Cash & Current Finance Industrial Capital Goods Banks Telecom-Services Industrial Products 6.49% 6.29% 6.11% 9.19% 8.71% 1.14% 16.2% 18.61% -3 Gas 5.1% Life MNC - Growth S&P CNX MNC Auto Ancillaries Auto Diversified Oil 4.15% 3.35% 2.46% 2.28% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Other Equity.92% Pharmaceuticals Pfizer Ltd Glaxosmithkline Pharmaceuticals Ltd Wyeth Ltd Fulford (India) Ltd Consumer Non Durables 16.2 Colgate-Palmolive (India) Ltd Glaxosmithkline Consumer Healthcare Ltd ITC Ltd Kansai Nerolac Paints Ltd. 2.1 Finance 9.19 CRISIL Ltd ICRA Ltd Industrial Capital Goods 8.71 Areva T&D India Ltd Honeywell Automation India Ltd Alstom Projects India Ltd Siemens Ltd ABB Ltd..66 Banks 6.49 ING Vysya Bank Ltd Yes Bank Ltd. 2.3 Telecom-Services 6.29 Bharti Airtel Ltd Industrial Products 6.11 Cummins India Ltd Fag Bearings India Ltd..95 Gas 5.1 Gujarat Gas Company Ltd. 5.1 Auto Ancillaries 4.15 Bosch Ltd Wabco-Tvs (India) Ltd Sundaram-Clayton Ltd..84 Federal Mogul Goetze (India) Ltd..72 Auto 3.35 Maruti Suzuki India Ltd Diversified 2.46 Hindustan Unilever Ltd Oil 2.28 Cairn India Ltd Construction.92 ITD Cementation India Ltd..92 Cash & Current

18 Life India Opportunities Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Large Small An open-ended growth scheme with the objective to achieve superior long-term growth of capital by investing in shares of companies that do one or more of the following: Leverage India's intellectual capital for providing services, research and creative inputs; Seek to use current and impending changes in patent laws / import tariffs / quotas to supply goods and services; Leverage India's lower labour costs for providing services and manufactured goods; Leverage India's large population of English speaking people for providing services. Growth : Dividend : 9.93 Manager : Mr. Atul Penkar Date of inception : December 27, 1999 Load Structure (Incl. for SIP) Entry Load*: Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life India Opportunities... Period Total (Rs.) Date of First Installment : January 1, 2 Value (Rs.) of SIP in Returns (%)* S&P CNX 5 Life India Opportunities S&P CNX 5 Life India Opportunities Since Inception Last 5 years Last 3 years Last 1 year The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Benchmark : S & P CNX 5 Average AUM : Rs Crores *For direct application: Entry Load is Nil. Performance Year 3 Years Years -.28 Since Inception Cash & Current Software Industrial Capital Goods 12.55% 26.29% 27.18% Petroleum Products Other Equity 6.56% 7.96% -4 Pharmaceuticals 5.88% -5 Finance 4.7% Telecom-Services 3.57% -7 Life India Opportunities - Growth S&P CNX 5 Construction Projects 3.25% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Consumer Durables 2.7% Software Satyam Computer Services Ltd Infosys Technologies Ltd i Infotech Ltd Infotech Enterprises Ltd Tanla Solutions Ltd. 1.8 Oracle Financial Services Software Ltd..88 Core Projects & Technologies Ltd.56 Industrial Capital Goods Honeywell Automation India Ltd. 4.2 Crompton Greaves Ltd Bharat Heavy Electricals Ltd AIA Engineering Ltd Dr. Reddys Laboratories Ltd. 1.6 Aventis Pharma Ltd Finance 4.7 CRISIL Ltd. 4.7 Telecom-Services 3.57 Reliance Communications Ltd Construction Projects 3.25 Larsen & Toubro Ltd Consumer Durables 2.7 Voltas Ltd. 2.7 Fertilisers 1.56 Tata Chemicals Ltd Textile Products.75 Raymond Ltd..75 Ferrous Metals.34 Welspun Gujarat Stahl Rohren Ltd..34 Construction.31 Victory Projects Ltd.31 Industrial Products.21 Shree Ganesh Forgings Ltd..21 Petroleum Products 7.96 Reliance Industries Ltd Pharmaceuticals 5.88 Sun Pharmaceutical Industries Ltd Non - Ferrous Metals 1.77 Sterlite Industries (India) Ltd Hardware 1.61 Allied Digital Services Ltd Cash & Current Total outstanding exposure in derivatives as on November 3, 28 is Rs..89 Crores (Notional value). 18

19 Life Dividend Yield Plus Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Large Small An open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield. SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Dividend Yield Plus... Period Total (Rs.) Value (Rs.) of SIP in Returns (%)* S&P CNX 5 Life Dividend Yield Plus S&P CNX 5 Life Dividend Yield Plus Growth : Dividend : 7.67 Manager : Mr. Ankit Sancheti Date of inception : February 26, 23 Benchmark : S & P CNX 5 Average AUM : Rs Crores *For direct application: Entry Load is Nil. Performance Load Structure (Incl. for SIP) Entry Load*: Rs. 5 crores % Exit Load**: Rs. 5 crores - 1% if redeemed / switched out within 12 months Since Inception Last 5 years Last 3 years Last 1 year Date of First Installment : March 1, 23 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Money Market Instruments Petroleum Products Banks 11.85% 14.6% 19.29% Year 3 Years Years Since Inception Consumer Non Durables Pharmaceuticals Other Equity Oil 4.6% 6.32% 11.53% 11.37% Gas Transportation Fertilisers 4.41% 4.9% 3.48% -5 Paper 3.15% Life Dividend Yield Plus - Growth S&P CNX 5 Power Chemicals 2.24% 2.24% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Cash & Current 1.37% Money Market Instruments ICICI Bank Ltd Petroleum Products 14.6 Hindustan Petroleum Corporation Ltd Indian Oil Corporation Ltd Bharat Petroleum Corporation Ltd. 3.9 Castrol (India) Ltd Apar Industries Ltd Banks Union Bank of India 2.85 Bank of Baroda 2.69 Andhra Bank 2.41 Allahabad Bank 1.57 Oriental Bank of Commerce 1.55 IDBI Bank Ltd..77 Consumer Non Durables Colgate-Palmolive (India) Ltd Glaxosmithkline Consumer Healthcare Ltd. 2.6 Procter&Gamble Hygiene&Health Care Ltd Kansai Nerolac Paints Ltd Berger Paints India Ltd Shaw Wallace Company Ltd..68 Eveready Industries India Ltd..59 Godrej Consumer Products Ltd..11 Pharmaceuticals Wyeth Ltd. 5.9 Glaxosmithkline Pharmaceuticals Ltd. 4.9 Pfizer Ltd Oil 4.6 Oil & Natural Gas Corporation Ltd. 4.6 Gas 4.41 GAIL (India) Ltd Indraprastha Gas Ltd Transportation 4.9 Gateway Distriparks Ltd Great Eastern Shipping Company Ltd Varun Shipping Company Ltd..55 Fertilisers 3.48 Tata Chemicals Ltd. 2.9 Rashtriya Chemicals & Fertilizers Ltd DCM Shriram Consolidated Ltd..28 Paper 3.15 Tamil Nadu Newsprint & Papers Ltd Power 2.24 Neyveli Lignite Corporation Ltd KEC International Ltd. 1.8 Chemicals 2.24 Clariant Chemicals (India) Ltd Diversified 1.87 Hindustan Unilever Ltd Industrial Products 1.54 Cosmo Films Ltd Finolex Cables Ltd..17 Finance.91 Power Finance Corporation Ltd..91 Auto.74 Bajaj Auto Ltd..74 Ferrous Metals.51 Tata Metaliks Ltd..51 Auto Ancillaries.5 Goodyear India Ltd..5 Consumer Durables.26 Salora International Ltd..26 Cash & Current

20 Life International Equity - Plan A Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size An open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the international markets. Manager : Mr. Mahesh Patil & Mr. Vineet Maloo Growth : 7.3 Dividend : 7.3 Date of inception : October 31, 27 Benchmark : S&P Global 12 Average AUM : Rs Crores *For direct application: Entry Load is Nil. Large Small Performance Load Structure (Incl. for SIP) Entry Load* : Rs. 5 crores - 2.5% Exit Load** : 5 Crores - 1% if redeemed / switched out within 12 months SIP is a powerful tool that can help you create wealth over time. If you had invested in Life International Equity - Plan A (BSLIEF - Plan A)... Your Total Rs. 12, Value of Your Rs. 8,946 Value of Benchmark (S&P Global 12) Rs. 9,159 Return on (CAGR)* % Benchmark (S&P Global 12) Returns (CAGR)* -41.5% Date of First Installment : December 1, 27 The data assumes the investment of Rs. 1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) 1 Year Since Inception -4-9 Foreign Equity 83.85% Cash & Current 16.15% Life International Equity - Plan A - Growth S&P Global 12 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Foreign Equity Cheung Kong Infrastructure Holdings Ltd Procter & Gamble Co 3.92 Teva Pharmaceutical Industries Ltd. (ADR) 3.68 Nestle SA 3.27 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) 3.17 Coca Cola Company 3.11 Reckitt Benckiser Group PLC Roche Holdings AG 2.55 Bayer AG 2.53 Public Bank Berhad 2.48 Statoilhydro ASA 2.44 JP Morgan Chase & Co MTR Corporation Ltd. 2.3 Singapore Airlines Ltd China Construction Bank Corporation 2.2 Microsoft Corporation 2.12 Wal-Mart Stores Inc. 2.1 Pride International Inc. 2.5 Noble Corporation 2.2 Schneider Electric SA 2.1 Unibanco - Uniao de Bancos Brasileiros SA (GDR) 1.99 Northrop Grumman Corporation 1.95 Bumiputra - Commerce Holdings Berhad 1.89 China Mobile Ltd Akzo Nobel NV 1.85 Wharf Holdings Ltd Chubb Corporation 1.82 Genting Berhad 1.81 DSV A/S 1.76 Oracle Corporation 1.74 Cooper Industries Ltd Aetna Inc Industrial and Commercial Bank of China Asia Ltd Airgas Inc AU Optronics Corporation 1.39 Renewable Energy Corporation AS 1.32 China Oilfield Services Ltd..97 Vimpel-Communications (ADR).95 Wimm - Bill - Dann Foods OJSC (ADR).78 LG Electronics Inc..13 Cash & Current

21 Life International Equity - Plan B As on November 3, 28 Style Box Objective Systematic Plan (SIP) Style Value Blend Growth Size Large Small An open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic and international markets. Manager : Mr. Mahesh Patil & Mr. Vineet Maloo Growth : 5.31 Dividend : 5.31 Date of inception : October 31, 27 SIP is a powerful tool that can help you create wealth over time. If you had invested in Life International Equity - Plan B (BSLIEF - Plan B)... Date of First Installment : December 1, 27 The data assumes the investment of Rs. 1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate Benchmark:Customised Index Average AUM : Rs Crores of return) A customized benchmark created using BSE 2 to the extent of 65% of portfolio and S&P Global 12 to the extent of 35% of portfolio. A customized benchmark created using BSE 2 to the extent of 65% of portfolio and S&P Global 12 to the extent of 35% of portfolio. *For direct application: Entry Load is Nil. Load Structure (Incl. for SIP) Entry Load* : Rs. 5 crores - 2.5% Exit Load** : 5 Crores - 1% if redeemed / switched out within 12 months Your Total Rs. 12, Value of Your Rs. 7,773 Value of Benchmark (Customised Index ) Rs. 7,591 Return on (CAGR)* % Benchmark (Customised Index ) Returns (CAGR)* -6.35% Performance 1 Year Since Inception Foreign Equity 29.19% -5 Money Market Instruments 23.25% Life International Equity - Plan B - Growth Customised Index A customized benchmark created using BSE 2 to the extent of 65% of portfolio and S&P Global 12 to the extent of 35% of portfolio. Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more Banks Consumer Non Durables Other Equity Cash & Current Telecom-Services Finance Petroleum Products Software Industrial Capital Goods Oil 7.44% 6.71% 6.25% 5.22% 4.58% 4.46% 4.24% 3.65% 2.6% 2.4% Foreign Equity Procter & Gamble Co 1.5 Teva Pharmaceutical Industries Ltd. (ADR) 1.5 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) 1.25 Coca Cola Company 1.19 Nestle SA 1.18 Reckitt Benckiser Group PLC. 1.1 Cheung Kong Infrastructure Holdings Ltd. 1.7 Public Bank Berhad.96 Bayer AG.93 Roche Holdings AG.92 Statoilhydro ASA.9 JP Morgan Chase & Co..89 MTR Corporation Ltd..86 China Construction Bank Corporation.8 Microsoft Corporation.78 Wal-Mart Stores Inc..76 Pride International Inc..75 Noble Corporation.75 Unibanco - Uniao de Bancos Brasileiros SA (GDR).74 Northrop Grumman Corporation.73 China Mobile Ltd..73 Singapore Airlines Ltd..7 Bumiputra - Commerce Holdings Berhad.69 Wharf Holdings Ltd..68 Akzo Nobel NV.68 Genting Berhad.66 Oracle Corporation.64 Cooper Industries Ltd..61 Chubb Corporation.61 Aetna Inc..58 Industrial and Commercial Bank of China Asia Ltd..55 Renewable Energy Corporation AS.51 Airgas Inc..48 AU Optronics Corporation.46 China Oilfield Services Ltd..36 Vimpel-Communications (ADR).34 Wimm - Bill - Dann Foods OJSC (ADR).29 LG Electronics Inc..5 Money Market Instruments ICICI Bank Ltd Banks 7.44 HDFC Bank Ltd Axis Bank Ltd Union Bank of India 1.27 ING Vysya Bank Ltd..9 ICICI Bank Ltd..73 State Bank of India.62 Consumer Non Durables 6.71 United Spirits Ltd Colgate-Palmolive (India) Ltd ITC Ltd Telecom-Services 4.58 Bharti Airtel Ltd. 4.5 Reliance Communications Ltd..53 Finance 4.46 Housing Development Finance Corporation Ltd ICRA Ltd United Breweries Holdings Ltd..68 India Infoline Ltd..4 Petroleum Products 4.24 Reliance Industries Ltd Software 3.65 Satyam Computer Services Ltd Infosys Technologies Ltd Industrial Capital Goods 2.6 Crompton Greaves Ltd. 1.5 Bharat Heavy Electricals Ltd..97 Bharat Electronics Ltd..58 Oil 2.4 Oil & Natural Gas Corporation Ltd. 2.4 Construction Project 1.44 Larsen & Toubro Ltd Power 1.15 Tata Power Company Ltd Fertilisers.88 Tata Chemicals Ltd..88 Gas.69 GAIL (India) Ltd..69 Cement.58 Century Textile & Industries Ltd..58 Non - Ferrous Metals.54 Sterlite Industries (India) Ltd..54 Pharmaceuticals.49 Dr. Reddys Laboratories Ltd..49 Ferrous Metals.27 Welspun Gujarat Stahl Rohren Ltd..27 Construction.22 D.S. Kulkarni Developers Ltd..22 Cash & Current 5.22 Total outstanding exposure in derivatives as on November 3, 28 is Rs Crores (Notional value). 21

22 Life Special Situations Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Large Small An open-ended diversified equity scheme with an objective of the scheme is to generate longterm growth of capital by investing in a portfolio of equity and equity related securities. The Scheme would follow an investment strategy that would take advantage of Special Situations & Contrarian investment style. Manager : Mr. A. Balasubramanian & Mr. Sanjay Chawla Growth : 5.8 Dividend : 5.8 Date of inception : Jan 31, 28 Load Structure (Incl. for SIP) Entry Load* : Rs. 5 crores % SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Special Situations... Your Total Rs. 8, Value of Your Rs. 5,286 Value of Benchmark (BSE 2) Rs. 4,989 Return on (Absolute)* % Benchmark (BSE 2) Returns (Absolute)* % Benchmark : BSE 2 Average AUM : Rs Crs *For direct application: Entry Load is Nil. Exit Load** : Rs. 5 crores - 1% if redeemed / switched out within 12 months Date of First Installment : April 1, 28 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *Absolute Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Performance Since Inception Money Market Instruments 14.91% -5 Banks 13.% Petroleum Products Pharmaceuticals Consumer Non Durables Telecom-Services Other Equity Fertilisers Power Software Oil Construction Projects 4.46% 4.13% 3.53% 3.2% 2.78% 6.2% 7.4% 8.66% 1.13% 12.31% Life Special Situations - Growth BSE 2 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year Chemicals Cash & Current Non - Ferrous Metals Diversified 2.72% 2.64% 2.42% 2.21% Money Market Instruments ICICI Bank Ltd Banks 13. State Bank of India 4.2 HDFC Bank Ltd Axis Bank Ltd Bank of India 1.73 Bank of Baroda 1.58 Petroleum Products Reliance Industries Ltd Indian Oil Corporation Ltd Bharat Petroleum Corporation Ltd Pharmaceuticals 1.13 Sun Pharmaceutical Industries Ltd Divis Laboratories Ltd Glaxosmithkline Pharmaceuticals Ltd Lupin Ltd. 1.6 Glenmark Pharmaceuticals Ltd..58 Consumer Non Durables 8.66 ITC Ltd United Spirits Ltd Balrampur Chini Mills Ltd. 1.7 Shaw Wallace Company Ltd..22 Telecom-Services 7.4 Bharti Airtel Ltd Reliance Communications Ltd. 1.5 Fertilisers 4.46 Tata Chemicals Ltd Coromandel Fertilisers Ltd..7 Power 4.13 NTPC Ltd Reliance Infrastructure Ltd Software 3.53 Infosys Technologies Ltd Tata Consultancy Services Ltd Core Projects & Technologies Ltd..71 Oil 3.2 Oil & Natural Gas Corporation Ltd. 3.2 Construction Project 2.78 Larsen & Toubro Ltd Chemicals 2.72 Solar Explosives Ltd Gujarat Alkalies & Chemicals Ltd Non - Ferrous Metals 2.42 Sterlite Industries (India) Ltd Diversified 2.21 Aditya Birla Nuvo Ltd Paper 1.46 Ballarpur Industries Ltd Gas 1.15 Gujarat Fluorochemicals Ltd Textile Products 1.8 Raymond Ltd. 1.8 Media & Entertainment.9 Balaji Telefilms Ltd..9 Cement.51 Century Textile & Industries Ltd..51 Ferrous Metals.47 Welspun Gujarat Stahl Rohren Ltd..47 Construction.45 Patel Engineering Ltd..45 Cash & Current 2.64 Total outstanding exposure in derivatives as on November 3, 28 is Rs 21.4 Crores (Notional value). 22

23 Life '95 Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Interest Rate Sensitivity: (Debt) Low Growth : Dividend : Performance An open-ended balanced scheme with the objective of long term growth of capital and current income, through a portfolio of equity and fixed income securities Manager : Mr. A. Balasubramanian Benchmark : CRISIL Balanced Index Average AUM : *For direct application: Entry Load is Nil. Large Small Date of inception : February 1, 1995 Rs Crores Load Structure (Incl. for SIP) Entry Load* : Rs. 5 crores % Exit Load** Average Maturity : Rs. 5 crores - 1% if redeemed / switched out within 12 months : 3.59 Years SIP is a powerful tool that can help you create wealth over time. If you had invested in Life '95... Period Date of First Installment : April 1, 1995 The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Total (Rs.) Value (Rs.) of SIP in Returns (%)* CRISIL Balanced Index Life '95 CRISIL Balanced Index Life '95 Since Inception Last 5 years Last 3 years Last 1 year Year Years 5 Years Since Inception PSU/PFI Bonds/Banks Cash & Current Consumer Non Durables Government Bond Other Equity Software Pesticides Petroleum Products Banks 1.78% 9.17% 8.2% 7.99% 7.77% 6.42% 5.44% 4.6% 24.12% Pharmaceuticals Telecom-Services Retailing 3.32% 3.32% 2.86% -5 Life 95 - Growth Crisil Balanced Index Industrial Capital Goods Gas 2.42% 2.11% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Construction Projects 2.1% Rating Profile Rating PSU/PFI Bonds/Banks Power Finance Corporation Ltd.** 12.2 AAA Indian Railways Finance Corporation Ltd.** 7.4 AAA ICICI Bank Ltd.** 4.51 AAA Consumer Non Durables 9.17 ITC Ltd. 4.8 Nestle India Ltd Colgate-Palmolive (India) Ltd Government Bond GOI FCI SB Sovereign 8.24 CGL Sovereign Software 7.77 Infosys Technologies Ltd Wipro Ltd Satyam Computer Services Ltd. 1.6 Pesticides 6.42 Rallis India Ltd Petroleum Products 5.44 Indian Oil Corporation Ltd Reliance Industries Ltd Banks 4.6 Punjab National Bank 1.87 ICICI Bank Ltd Allahabad Bank.96 Pharmaceuticals 3.32 Dr. Reddys Laboratories Ltd Glenmark Pharmaceuticals Ltd..94 Aventis Pharma Ltd..85 Telecom-Services 3.32 Bharti Airtel Ltd Retailing 2.86 Trent Ltd Industrial Capital Goods 2.42 Bharat Heavy Electricals Ltd Rating Siemens Ltd..66 Bharati Shipyard Ltd..39 Gas 2.11 Gujarat Gas Co. Ltd Construction Projects 2.1 Larsen & Toubro Ltd. 2.1 Power 1.58 Jyoti Structures Ltd..88 GVK Power & Infrastructure Ltd..7 Fertilisers 1.45 Rashtriya Chemicals & Fertilizers Ltd Finance 1.37 Infrastructure Development Finance Co. L.84 United Breweries Holdings Ltd..53 Minerals/Mining.93 Nava Bharat Ventures Ltd..93 Diversified.79 Aditya Birla Nuvo Ltd..45 Bombay Burmah Trading Corporation Ltd..34 Cement.68 Jaiprakash Associates Ltd..68 Media & Entertainment.45 ETC Networks Ltd..45 Magnasound India Ltd.**. Auto.37 Bajaj Auto Ltd..37 Transportation.37 Gateway Distriparks Ltd..37 Cash & Current 1.78 ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is 24.12%. Total outstanding exposure in derivatives as on November, 28 is Rs 5.4 Crores (National Value) Other AAA Cash & Current Sovereign 8.2% 1.78% 24.12% # Value Research Rating Life 95 Hybrid Equity-Oriented ( 32 Schemes), 3 & 5 Yrs ended 3-Nov-8 Winner of Best - 1 yrs performance & Lipper Awards India 28 Life 95 - Growth 56.9% Mixed Asset INR Aggressive, (6 schemes) 1 Yrs ended 31-Dec-7 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 23

24 Life Balance Style Box Objective As on November 3, 28 Systematic Plan (SIP) Style Value Blend Growth Size Interest Rate Sensitivity: (Debt) Medium Large Small Growth : Dividend : An open-ended balanced scheme with an objective to balance income requirements with growth of capital through a balance mix of investments in equity and debt at relatively moderate levels of risks through a diversified research based investment approach. Manager : Mr. A. Balasubramanian Date of inception : October 12, 1999 Load Structure (Incl. for SIP) Entry Load*: Rs. 5 crores % Exit Load** : Rs. 5 crores - 1% if redeemed / switched out within 12 months Benchmark : CRISIL Average AUM : Rs Crores Balanced Index Average Maturity : 2.31 Years SIP is a powerful tool that can help you create wealth over time. If you had invested in Life Balance... Period Total (Rs.) Date of First Installment : November 1,1999 Value (Rs.) of SIP in Returns (%)* CRISIL Balanced Index Life Balance CRISIL Balanced Index Life Balance Since Inception Last 5 years Last 3 years Last 1 year The data assumes the investment of Rs.1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) *For direct application: Entry Load is Nil. Performance Year Years 5 Years Since Inception PSU/PFI Bonds/Banks Cash & Current Consumer Non Durables Pharmaceuticals 13.81% 15.12% 16.99% 19.7% -1 Government Bond Other Equity 8.19% 1.22% -2 Software 4.29% Life Balance - Growth Crisil Balanced Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Petroleum Products Banks Gas Telecom-Services 4.1% 3.68% 2.4% 2.11% Rating Profile Rating PSU/PFI Bonds/Banks 19.7 Citibank N A** 8.88 AAA Power Finance Corporation Ltd.** 6.3 AAA Infrastructure Development Fin. Co. Ltd.** 3.39 AAA HDFC Bank Ltd.**.5 AAA Rating Punjab National Bank 1.57 ICICI Bank Ltd..33 Gas 2.4 Indraprastha Gas Ltd. 2.4 Other AAA 19.7% 53.71% Consumer Non Durables ITC Ltd. 6.1 E.I.D. Parry (India) Ltd Radico Khaitan Ltd 2.22 Shaw Wallace Company Ltd. 1.8 United Spirits Ltd. 1.7 Balrampur Chini Mills Ltd..36 Pharmaceuticals Novartis India Ltd Pfizer Ltd Wyeth Ltd. 2.2 Dr. Reddys Laboratories Ltd. 2.1 Piramal Healthcare Ltd Piramal Life Sciences Limited (PLSL).4 Telecom-Services 2.11 Bharti Airtel Ltd Industrial Capital Goods 1.8 Bharat Electronics Ltd. 1.8 Oil 1.75 Oil & Natural Gas Corporation Ltd Fertilisers 1.55 Tata Chemicals Ltd. 1.6 Chambal Fertilizers & Chemicals Ltd..49 Pesticides 1.54 United Phosphorus Ltd Cash & Current Sovereign 1.22% 16.99% Government Bond CGL Sovereign Govt Bond 7.61 Oil Company Sovereign Software 4.29 Infosys Technologies Ltd HCL Technologies Ltd. 1.8 Core Projects & Technologies Ltd.8 Hotels.55 Hotel Leelaventure Ltd..55 Construction.48 Nagarjuna Construction Co. Ltd..48 Transportation.43 Gateway Distriparks Ltd..43 Petroleum Products 4.1 Reliance Industries Ltd Indian Oil Corporation Ltd Banks 3.68 Indian Overseas Bank 1.79 Finance.1 Bajaj Finserv Ltd.1 Cash & Current **Represents thinly traded / non traded securities. Total Percentage of thinly/non traded securities is 19.7%.Total outstanding exposure in derivatives as on November 3, 28 is Rs 3.2 Crores (Notional value).

25 Style Box Life Monthly Income An open- ended fund. Monthly income is not assured and is subject to availability of distributable surplus Objective As on November 3, 28 Credit Quality High Med Low Interest Rate Sensivity High An open-ended income scheme with the primary investment objective to generate regular income so as to make monthly and quarterly distributions to Unitholders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus. Low Manager : Mr. A. Balasubramanian Date of inception : July 14, 1999 Growth : Monthly Dividend : Quarterly Dividend : Benchmark : CRISIL MIP Blended Index Load Structure (Incl. for SIP): Entry Load : NIL Exit Load** : For redemption / switch out of units within 12 months from the date of allotment: 1% Average Maturity : 4.56 Years Average AUM : Rs Crores Performance Corporate Debt 43.61% PSU/PFI Bonds/Banks 25.51% Cash & Current Equity 9.23% 14.38% 4 2 Government Bond 7.28% -2 1 Year 3 Years 5 Years Since Inception Rating Profile -4 AAA 69.12% Cash & Current 14.38% Life Monthly Income - Growth Crisil MIP Blended Index Equity 9.23% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Sovereign 7.28% Rating Corporate Debt Housing Development Finance Corporation Ltd.** 15.6 AAA Reliance Industries Ltd.** AAA GE Capital Services India Ltd.** AAA Sundaram Finance Ltd.** 2.39 AA+ PSU/PFI Bonds/Banks IDBI Bank Ltd.** AA+ ICICI Bank Ltd.** 4.67 AAA Power Finance Corporation Ltd.** 4.8 AAA Indian Railways Finance Corporation Ltd.** 2.45 AAA Infrastructure Development Finannce Compnay Ltd.** 1.57 AAA LIC Housing Finance Ltd.**.38 AAA Power Finance Corporation Ltd.**.8 AAA Rating EQUITY 9.23 Rallis India Ltd Cipla Ltd Nestle India Ltd Infosys Technologies Ltd..76 Reliance Industries Ltd..73 Chambal Fertilizers & Chemicals Ltd..46 Aventis Pharma Ltd..46 HCL Technologies Ltd..42 KEC International Ltd..39 Gujarat Gas Co. Ltd..34 Power Grid Corporation of (I) Ltd..31 United Phosphorus Ltd..27 ETC Networks Ltd..21 Rating Rashtriya Chemicals & Fertilizers Ltd..2 Bharti Airtel Ltd..19 McDowell Holdings Ltd..16 Magnasound India Ltd. **. Government Bond GOI Sovereign Govt Bond Sovereign Cash & Current ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 69.12%. CRISIL~CPR 2^^ Life Monthly Income MIP Conservative Scheme ( 12 Schemes), 2 Yrs ended 3-Sep-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 && CNBC TV-18 CRISIL AWARD 27 Life Monthly Income Category: Monthly Income Plans Conservative 1 yr performance ended 31 Dec, '7. Total Schemes in Category = 9 25

26 Style Box Life MIP An open- ended fund. Monthly income is not assured and is subject to availability of distributable surplus Objective As on November 3, 28 Credit Quality High Med Low Interest Rate Sensivity High Low The primary objective of the schemes is to generate regular income so as to make monthly distributions to unitholders with the secondary objective being growth of capital. Income may be generated through the receipt of coupon payments, the amortization of the discount on debt instruments, receipt of dividends or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets primarily in fixed income securities, money market instruments, cash and cash equivalents while at the same time maintaining a small exposure to equity markets. (Monthly income is not assured and is subject to availability of distributable surplus.) Manager : Mr. A. Balasubramanian Date of inception : November 2, 2 Monthly Payment / Plan : Dividend Plan : Benchmark : CRISIL MIP Blended Index Load Structure (Incl. for SIP): Entry Load : NIL Exit Load** : Rs 1 lakhs:.6% if redeemed / switched out with in 9 days from the date of allotment. > 1 Lakhs: Nil Average Maturity : 3.83 Years Average AUM : Rs Crores Performance Corporate Debt 36.61% PSU/PFI Bonds/Banks 26.39% Cash & Current Equity 7.29% 22.57% 1 Year 3 Years 5 Years Since Inception Government Bond 7.14% -2-4 Rating Profile AAA 55.31% Cash & Current 22.57% Life MIP - Growth Crisil MIP Blended Index AA 7.69% Equity 7.28% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Sovereign 7.14% Rating Corporate Debt Housing Development Finance Corporation Ltd.** 16.6 AAA Reliance Industries Ltd.** AAA GE Capital Services India Ltd.** 5.17 AAA Sundaram Finance Ltd.** 2.16 AA+ PSU/PFI Bonds/Banks IDBI Bank Ltd.** 5.53 AA+ Power Finance Corporation Ltd. ** 5.51 AAA ICICI Bank Ltd. ** 5.39 AAA Infrastructure Development Finance Company Ltd. ** 5.29 AAA Power Grid Corporation of India Ltd. ** 4.4 AAA Rating Power Finance Corporation Ltd. **.42 AAA State Bank of India **.21 AAA EQUITY 7.29 Rallis India Ltd ITC Ltd. 1.5 Reliance Industries Ltd..97 Pfizer Ltd..93 Aventis Pharma Ltd..62 Cipla Ltd..49 Satyam Computer Services Ltd..47 GAIL (India) Ltd..32 Rating United Phosphorus Ltd..28 Infosys Technologies Ltd..26 Oil & Natural Gas Corporation Ltd..25 State Bank of India.24 Housing Development Finance Corp. Ltd..23 Government Bond GOI Sovereign Cash & Current ** Represents thinly traded/ non traded securities and illiquid securities.total Percentage of thinly/non traded securities is 63.1 %. 26

27 Style Box Life MIP II - Wealth 25 Plan An open- ended fund. Monthly income is not assured and is subject to availability of distributable surplus Objective As on November 3, 28 Credit Quality High Med Low Interest Rate Sensivity High An open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus. Low Manager : Mr. A. Balasubramanian Date of inception : May 22, 24 Payment / Growth : Dividend : Benchmark : CRISIL MIP Blended Index Performance Load Structure (Incl. for SIP): Entry Load : NIL Exit Load** : For redemption / switch out of units within 12 months from the date of allotment: 1% Average Maturity : 5.66 Years Average AUM : Rs Crores 1 Corporate Debt 3.78% 5 1 Year Years Since Inception Cash & Current Government Bond Equity 16.12% 19.43% 24.87% -5 PSU/PFI Bonds/Banks 8.8% Rating Profile -15 AAA 39.58% Cash & Current 24.87% Life MIP - Wealth 25 - Growth Crisil MIP Blended Index Sovereign 19.43% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Equity 16.12% Rating Corporate Debt 3.78 Housing Development Finance Corporation Ltd. ** AAA Reliance Industries Ltd.** 7.36 AAA GE Capital Services India Ltd. ** 6.9 AAA Government Bond CGL Sovereign Govt Bond Sovereign Govt Bond 7.61 Oil Company Sovereign EQUITY Rallis India Ltd Rating ITC Ltd Dr. Reddys Laboratories Ltd Nava Bharat Ventures Ltd Infosys Technologies Ltd Novartis India Ltd Reliance Industries Ltd Pfizer Ltd Tata Chemicals Ltd. 1.8 HDFC Bank Ltd. 1.8 Aditya Birla Nuvo Ltd. 1. Simplex Infrastructures Ltd..95 Axis Bank Ltd..9 Rating PSU/PFI Bonds/Banks 8.8 Power Finance Corporation Ltd.** 7.36 AAA ICICI Bank Ltd.** 1.44 AAA Cash & Current ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is 39.58%. Total outstanding exposure in derivatives as on November 3, 28 is Rs 2.77 Crores (Notional value). 27

28 Life As on November 3, 28 Aggressive Plan - Style Box Moderate Plan - Style Box Conservation Plan- Style Box Credit Quality Credit Quality Credit Quality High Med Low Interest Rate Sensivity High High Med Low Interest Rate Sensivity High High Med Low Interest Rate Sensivity High Low Low Low Objective An open-ended of s scheme with the objective to provide income and capital appreciation along with diversification by investing in a basket of debt and equity Mutual schemes in line with the risk profile of the investors. Managers : Mr. Satyabrata Mohanty & Mr. Ajay Garg Aggressive Plan Growth : Dividend : Conservative Plan Growth : Dividend : Moderate Plan Growth : Dividend : Date of inception : February 24, 24 Load Structure (Incl. for SIP): Entry Load : Aggressive Plan : 1.5% Moderate Plan : 1.% Conservative Plan :.5% Exit Load : NIL Benchmark Aggressive Plan : S&P CNX Nifty Moderate Plan : Crisil Balanced Index Conservative Plan : Crisil MIP Blended Index Average AUM Aggressive Plan : Rs Crores Moderate Plan : Rs Crores Conservative Plan : Rs Crores Performance - Aggressive Plan Performance - Moderate Plan Performance - Conservation Plan Year Years Since Inception Year Years Since Inception Year Years Since Inception Life AAF - Aggressive Plan - Growth S&P CNX Nifty Life AAF - Moderate Plan - Growth Crisil Balanced Index Life AAF - Conservative Plan - Growth Crisil MIP Blended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. - Aggressive Plan - Moderate Plan - Conservation Plan Mutual Units Life Advantage 16.1 Life cap Life Dynamic Bond 11.1 Life New Millennium Life Income - Growth 6.92 Life Short Term - Growth 5.4 Life Gilt Plus Inv 1.23 Cash & Current 35.4 Mutual Units Life Dynamic Bond - Growth Life cap - Growth Life Advantage - Growth 8.13 Life Short Term - Growth 7.43 Life Income - Growth 6.2 Life New Millennium - Growth 4.12 Cash & Current Mutual Units 55.5 Life Short Term - Growth Life Income - Growth 9.43 Life cap - Growth 3.8 Life Dynamic Bond - Retail Plan - Growth 2.8 Life Advantage - Growth 2.13 Life New Millennium - Growth 1.19 Cash & Current 44.5 # Value Research Rating Life AAF - Aggressive Equity Diversified ( 22 Schemes), 3 & 5 Yrs ended 3-Nov-8 # Value Research Rating Life AAF - Conservative Hybrid Debt-Oriented ( 29 Schemes), 3 & 5 Yrs ended 3-Nov-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 28

29 Life Cash Plus As on November 3, 28 Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High Low Average AUM : Rs Crores Benchmark : Crisil Liquid Index An open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty Date of inception : June 16,1997 Load Structure Entry Load : NIL Exit Load : NIL Average Maturity :.21 Years Retail - Growth : Retail - Daily Dividend : Institutional Plan - Growth : Institutional Plan - Daily Dividend : Institutional Plan - Weekly Dividend : Institutional Plan - Fortnightly Dividend : Institutional Premium Plan - Growth : Institutional Premium Plan - Daily Dividend : Institutional Premium Plan - Weekly Dividend : Institutional Premium Plan - Fortnightly Dividend : 1. Institutional Premium Plan - Monthly Dividend : 1.48 Performance Floating Rate Instruments Money Market Instruments Securitised Debt Cash & Current 12.92% 17.23% 27.24% 38.8% Corporate Debt 2.41% PSU/PFI Bonds/Banks 2.12% Rating Profile 15 days 1 Month 3 Months Since Inception Life Cash Plus - Retail - Growth Crisil Liquid Index AAA Cash & Current 12.92% 84.25% Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. AA 2.83% Rating Floating Rate Instruments 38.8 Housing Development Finance Corporation Ltd. 7.1 AAA CitiFinancial Consumer Finance India Ltd AAA Infrastructure Development Finance Co LAAA Tata Motors Ltd A1+ Tata Steel Ltd FAAA Ultratech Cement Ltd AAA LIC Housing Finance Ltd AAA Tata Sons Ltd AAA Housing Development Finance Corp. Ltd LAAA Gruh Finance Ltd 1.6 LAA+ Axis Bank Ltd..83 LAA+ ICICI Bank Ltd..7 AAA IDBI Bank Ltd..63 CARE AA+ Power Finance Corp. Ltd..61 AAA ICICI Bank Ltd..53 CARE AAA Citicorp Finance India Ltd..53 AAA Indian Railway Finance Corporation Ltd..51 AAA Infrastructure Development Finance Co..42 AAA Hero Honda Finlease Ltd..21 P1+ Rating IDBI Bank Ltd..21 AA+ Union Bank of India.1 AA+ Money Market Instruments ICICI Bank Ltd A1+ Housing Development Finance Corporation Ltd A1+ Yes Bank Ltd. 1.1 A1+ ABN AMRO Bank 1.1 A1+ ICICI Home Finance Company Ltd. 1.4 A1+ Punjab National Bank.52 F1+ Development Credit Bank Ltd..51 P1+ Canara Bank.51 P1+ Tata Motors Finance Ltd..38 A1+ Karur Vysya Bank Ltd..28 F1+ GE Capital Services India Ltd..2 P1+ Export-Import Bank of India.19 AAA Oriental Bank Of Commerce.6 P1+ ICICI Securities Ltd..5 P1+ The Jammu and Kashmir Bank Ltd..5 P1+ Reliance Capital Ltd..3 A1+ Rating Securitised Debt Hindustan Petroleum Corporation Ltd ** 5.58 A1+(SO) Vodafone Essar Cellular Limited ** 4.51 F1+(SO) Indiabulls Financial Services Ltd** 2.13 P1+(SO) Bharti Ventures Limited ** 2.7 A1+(SO) Indiabulls Financial Services Ltd ** 1.5 A1+(SO) Bennett Coleman & Co Ltd. ** 1.4 P1+(SO) Hindustan Petroleum Corporation Ltd **.84 A1+(SO) Corporate Debt 2.41 Housing Development Finance Corporation. Ltd.** 1.36 AAA Indiabulls Financial Services Ltd.** 1.6 P1+ PSU/PFI Bonds/Banks 2.12 Indian Oil Corporation Ltd.** 2.12 A1+ Cash & Current ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 21.76%. # Value Research Rating Life Cash Plus - Institutional Premium Debt: Ultra Short-term Institutional (56 Schemes), 18 months ended 3-Nov-8 # Value Research Rating Life Cash Plus - Institutional Debt: Ultra Short-term Institutional (56 Schemes), 18 months ended 3-Nov-8 CRISIL~CPR 2^^ Life Cash Plus - Institutional Plan Liquid Institutional Scheme (12 Schemes), 1 Yr ended 3-Sep-8 # Value Research Rating Life Cash Plus - Retail Debt: Ultra Short-term ( 52 Schemes), 18 months ended 3-Nov-8 CRISIL~CPR 2^^ Life Cash Plus - Retail Plan Liquid Scheme (3 schemes), 5 Yrs ended 3-Sep-8 CRISIL~CPR 1^^ Life Cash Plus - Retail Plan Consistent CPR Performer - Liquid (15 schemes), 5 Yrs ended 3-Sep-8 CRISIL~CPR 2^^ Life Cash Plus - Institutional Premium Plan Liquid Super Institutional Scheme (19 Schemes), 1 Yr ended 3-Sep-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 + The grading has been assigned by ICRA and indicates highest quality. The investment quality is similar to that of fixed income obligations of highest safety and with maturity corresponding upto 1 year. This grading should however, not be construed as an indication of the performance of the Mutual scheme or of volatility in its returns. 29

30 Life Liquid Plus As on November 3, 28 Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income may be generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents. Low Retail - Growth : Retail - Daily Dividend : Retail - Weekly Dividend : Retail - Fortnightly Dividend : Retail - Monthly Dividend : Institutional - Growth : Institutional Plan- Daily Dividend : Institutional Plan- Weekly Dividend : Institutional - Fortnightly Dividend : Institutional Plan- Monthly Dividend : Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty Date of inception Retail Plan : November 27, 21 Institutional Plan : April 16, 23 Load Structure (Incl. for SIP): Entry Load : NIL Exit Load : NIL Average Maturity :.35 Years Average AUM : Rs Crores Benchmark : CRISIL Short-Term Bond Index Performance Money Market Instruments Cash & Current Securitised Debt Floating Rate Instruments Corporate Debt PSU/PFI Bonds/Banks.5% 5.5% 7.86% 16.58% 15.31% 55.15% 3 2 Rating Profile 1 1 Year 3 Years 5 Years Since Inception AAA 82.97% Life Liquid Plus - Retail Growth CRISIL Short-Term Bond Index Cash & Current 16.58% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. AA.45% Rating Money Market Instruments ICICI Bank Ltd A1+ Housing Development Finance Corporation Ltd. 9.2 A1+ IDBI Bank Ltd P1+ ING Vysya Bank Ltd. 4.8 P1+ The Bank of Nova Scotia 3.55 P1+ Jammu & Kashmir Bank Ltd P1+ Rabo India Finance Pvt. Ltd P1+ IDBI Bank Ltd A1+ Karnataka Bank Ltd A1+ Tata Capital Ltd A1+ Punjab National Bank 1.13 F1+ Indiabulls Financial Services Ltd..83 P1+ Kotak Mahindra Bank Ltd..8 P1+ Infrastructure Development Fin. Co. Ltd..69 A1+ UCO Bank.66 P1+ State Bank of India.47 P1+ Birla Global Finance Ltd..42 A1+ Union Bank of India.38 A1+ State Bank of Travancore.23 A1+ Export-Import Bank of India.19 AAA Vijaya Bank.14 P1+ Indian Bank.1 F1+ Birla Global Finance Ltd..2 A1+ Reliance Capital Ltd..2 A1+ Securitised Debt Hindustan Petroleum Corporation Ltd ** 5.56 A1+(SO) Power Finance Corporation Ltd ** 1.98 AAA(SO) DLF Limited ** 1.86 F1+(SO) Power finance Corporation Ltd ** 1.44 AAA(SO) Bharat Petroleum Corporation Limited **.99 P1+(SO) Hindustan Petroleum Corporation Ltd **.89 A1+(SO) Bharat Petroleum Corporation Limited **.86 P1+(SO) ** Represents thinly traded/ non traded securities and illiquid securities.total Percentage of thinly/non traded securities is 2.41 %. Rating Power Finance Corporation Ltd **.64 AAA(SO) Power Finance Corporation Ltd **.48 AAA(SO) DLF Limited **.19 A1+(SO) Indian Retail **.13 AAA(SO) NTPC **.12 AAA(SO) Bharti Ventures Limited **.6 A1+(SO) Wockhardt Limited **.6 F1+(SO) Larsen and Toubro Finance **.4 P1+(SO) Indiabulls Financial services Ltd **.1 A1+(SO) NTPC **.1 AAA(SO) Floating Rate Instruments 7.86 Housing Development Finance Corporation Ltd AAA Housing Development Finance Corporation Ltd LAAA Indian Railways Finance Corporation Ltd..45 AAA Indian Retail ABS Trust Series 5.1 AAA(SO) Tata Sons Ltd..27 AAA Corporate Debt 5.5 TRIL Infopark Ltd.** 1.78 PR1+ CitiFinancial Consumer Finance India Ltd ** 1.4 AAA Housing Development Finance Corporation Ltd.** 1.34 AAA Sundaram Finance Ltd.**.31 AA+ Sundaram Finance Ltd.**.11 LAA+ ICICI Home Finance Company Ltd.**.9 LAAA Cholamandalam DBS Finance Ltd.**.3 AA+ PSU/PFI Bonds/Banks.5 Infrastructure Development Finance Company Ltd. **.5 AAA Cash & Current Value Research Rating Value Research Rating # # Life Liquid Plus - Retail Plan Life Liquid Plus - Institutional Plan Debt: Liquid Plus (36 Schemes), 18 months & 3 Yrs ended 3-Nov-8 Debt: Liquid Plus Inst(37 Schemes), 18 months & 3 Yrs ended 3-Nov-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41

31 Life Short Term As on November 3, 28 Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High Low An open-ended short term income scheme with the objective to generate income and capital appreciation by investing 1% of the corpus in a diversified portfolio of debt and money market securities with relatively low levels of interest rate risk. Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty Date of inception : April 19, 22 NAV Retail Plan : Rs. Growth : Daily Dividend : 1.99 Fortnightly Dividend : Monthly Dividend : Institutional Plan Growth : Daily Dividend : 1.1 Fortnightly Dividend : Monthly Dividend : Performance Load Structure (Incl. for SIP): Entry Load : NIL Exit Load** :.15% for redemption / switch-out of units within seven (7) days from the date of allotment. (w.e.f. Dec 8, 28) For redemption/ switch out of units within 21 days from the date of allotment:.25% of applicable NAV Benchmark : CRISIL Short-Term Bond Index Average Maturity :.19 Years Average AUM : Rs Crores Money Market Instruments 76.51% Cash & Current 23.49% Rating Profile 1 1 Year 3 Years 5 Years Since Inception AAA 76.51% Life Short Term - Retail Plan - Growth CRISIL Short-Term Bond Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Cash & Current 23.49% Rating Money Market Instruments 76.5 Punjab National Bank F1+ UCO Bank P1+ IDBI Bank Ltd P1+ Canara Bank 8.49 P1+ IDBI Bank Ltd A1+ State Bank of Patiala 7.69 A1+ State Bank of Bikaner and Jaipur 6.74 P1+ Union Bank of India 4.68 A1+ State Bank of Indore 3.66 P1+ Allahabad Bank 2.15 A1+ Indian Bank 1.18 F1+ Rating Vijaya Bank.75 P1+ Oriental Bank of Commerce.64 A1+ State Bank of India.27 P1+ Corporation Bank.22 P1+ State Bank of Travancore.1 A1+ Oriental Bank of Commerce.2 P1+ Cash & Current CRISIL~CPR 1^^ Life Short Term - Retail Plan Debt: Short Term Schemes (18 Schemes), 1 Yrs ended 3-Sep-8 # Value Research Rating Life Short Term - Retail Plan Debt: Short Term Schemes (24 Schemes), 18 months ended 7-Star Gold Award by ICRA Life Short Term - Growth Liquid Plus Schemes (26 Schemes), 1 year ended 31-Dec-7 (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 && CNBC TV-18 CRISIL AWARD 27 Life Short Term Category: Income Short Term s 1 yr performance ended 31 Dec, 7. Total Schemes in Category = 12 31

32 Life Income Plus As on November 3, 28 Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High An open-ended income scheme with the objective to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. Low Growth : Dividend : Benchmark : CRISIL Composite Bond Index Performance Manager : Mr. Maneesh Dangi Load Structure (Incl. for SIP): Entry Load : NIL Exit Load** : Rs 1 Lakhs:.75% if redeemed / switched out with in 18 days from the date of allotment.> Rs. 1 Lakhs: Nil (w.e.f Dec 4, 28): Rs 1 Lakhs: 1% if redeemed / switched out with in 365 days from the date of allotment.> Rs. 1 Lakhs:.25% if redeemed / switched out with in 7 days Date of inception : October 21, 1995 Average Maturity : Years Average AUM : Rs Crores 12 Government Bond 67.92% PSU/PFI Bonds/Banks Cash & Current 5.51% 23.53% Corporate Debt Rating Profile 3.5% 2 Sovereign 67.92% 1 Year 3 Years 5 Years Since Inception AAA 23.42% Life Income Plus - Growth Crisil Composite Bond Index Cash & Current 5.51% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. AA 3.15% Rating Government Bond Govt Bond Sovereign 8.28 GOI Sovereign 7.56 GOI Sovereign 8.24 GOI Sovereign Govt Bond Sovereign 8.15 GOI FCI SB Sovereign Rating PSU/PFI Bonds/Banks Rural Electrification Corporation Ltd ** 9.17 AAA Indian Railways Finance Corporation Ltd.** 5.63 AAA Power Finance Corporation Ltd.** 4.68 AAA IDBI Bank Ltd.** 3.15 AA+ Export-Import Bank of India **.9 AAA Rating Corporate Debt 3.5 Reliance Industries Ltd.** 2.87 AAA Infrastructure Leasing & Financial Services Ltd.**.18 LAAA(SO) Cash & Current 5.51 ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is % CRISIL~CPR 1^^ Life Income Plus Income Scheme (17 Schemes), 1 Yr ended 3-Sep-8 CRISIL~CPR 1^^ Life Income Plus Consistent CPR Performer - Debt (13 schemes), 5 Yr ended 3-Sep-8 32 # Value Research Rating Life Income Plus Debt: Medium Term Schemes (54 Schemes), 18 months ended 3-nov-8 (Past performance is no guarantee of future results.) for ranking methodology please refer page 7-Star Gold Award by ICRA Life Income Plus - Growth Debt: Long Term (18 Schemes), 1 Year ended 31-Dec-7

33 Life Income As on November 3, 28 Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High An open-ended income scheme with the objective to generate income and capital appreciation by investing 1% of the corpus in a diversified portfolio of debt and money market securities. Low Manager : Mr. Satyabrata Mohanty Date of inception : March 3, 1997 Growth : Half Yearly - Dividend : Quarterly Dividend : EA Growth : EA Dividend : EB Growth : EB Dividend : Load Structure (Incl. for SIP): Entry Load : NIL Exit Load** : Rs 1 Crore: 1.% if redeemed / switched out with in 365 days from the date of allotment. > Rs 1 Crore: Nil Average Maturity : Years Average AUM : Rs Crores Benchmark : CRISIL Composite Bond Index Performance 12 Government Bond 61.93% PSU/PFI Bonds/Banks 32.53% Cash & Current Rating Profile 5.54% 2 Sovereign 61.93% 1 Year 3 Years 5 Years Since Inception AAA 25.13% Life Income - Growth Crisil Composite Bond Index AA 7.4% Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Cash & Current 5.54% Rating Government Bond Rating PSU/PFI Bonds/Banks Rating Rural Electrification Corporation Ltd** 5.2 AAA 8.24 GOI Sovereign Power Finance Corporation Ltd.** AAA Cash & Current 5.54 Govt Bond Sovereign IDBI Bank Ltd.** 7.4 AA+ Govt Bond Sovereign Indian Railway Finance Corporation Ltd.** 6.66 AAA ** Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is % # Value Research Rating Life Income Debt: Medium Term (54 Schemes), 18months & 3 Yrs ended 3-Nov-8 CRISIL~CPR 1^^ Life Income Income Scheme (17 Schemes), 2 Yrs ended 3-Sep-8 Winner of Best - 3 & 1 yrs performance Lipper Awards India 28 Life Income - Growth Bond INR General, 3 yrs & 1 yrs ended 31-Dec-7 out of 1 & 1 Schemes respectively (Past performance is no guarantee of future results.) for ranking methodology please refer page 41 & && CNBC TV-18 CRISIL AWARD 27 Life Income Category: Income s 1 yr performance ended 31 Dec, 7. Total Schemes in Category = 17 33

34 Life Cash Manager As on November 3, 28 Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High An open-ended liquid scheme with the objective to provide current income which is consistent with a portfolio that offers investors superior liquidity by investing 1% in a diversified portfolio of debt (Fixed Income) and money market securities. Low Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty Date of inception : May 14, 1998 Growth : Weekly Dividend : 1.18 Institutional Daily Dividend : 1.3 Institutional Growth : Institutional Weekly Dividend : Load Structure Entry Load : NIL Exit Load : NIL Average Maturity :.9 Years Benchmark : Crisil Liquid Index Average AUM : Rs Crores Performance Money Market Instruments 6.59% Cash & Current 39.41% 6 4 Rating Profile 2 15 days 1 Month 3 Months Since Inception AAA 6.59% Life Cash Manager - Growth Crisil Liquid Index Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Cash & Current 39.41% Rating Money Market Instruments Rating Cash & Current 6.59 IL&FS Financial Services Ltd PR1+ ICICI Bank Ltd A1+ Reliance Capital Ltd. 7.5 A1+ Punjab National Bank 7.6 F1+ AXIS Bank Ltd P1+ 34

35 Style Box Objective Life Floating Rate As on November 3, 28 Credit Quality High Med Low Interest Rate Sensivity High Low The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments. Manager : Mr. Satyabrata Mohanty Date of inception : June 5, 23 Long Term Plan Growth : Monthly Dividend : Weekly Dividend : Short Term Plan Growth : Daily Dividend : 1.15 Weekly Dividend : Institutional Plan-Growth : Institutional Plan-Daily Dividend : 1.86 Institutional Plan-Weekly Dividend : Institutional Plan-Fortnightly Dividend: 1. Load Structure : Long Term Plan (Incl. for SIP) Entry Load : Nil Exit Load** : For any redemption / switch out of units within 7 days from the date of allotment :-.1% Short Term Plan Entry Load : NIL Exit Load : NIL Average Maturity Long Term Plan :.2 Years Short Term Plan :.7 Years Average AUM Long Term Plan : Rs Crores Short Term Plan : Rs Crores Benchmark Long Term Plan : Crisil Liquid Index Short Term Plan : Crisil Liquid Index Performance - Long Term Plan Performance - Short Term Plan Year 3 Years 5 Years Since Inception 2 15 days 1 Month 3 Months Since Inception Life Floating Rate - LTP - Growth Crisil Liquid Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Life Floating Rate - STP - Growth Crisil Liquid Index Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. - Long Term Plan Rating Profile - Long Term Plan - Short Term Plan Rating Profile - Short Term Plan Money Market Instruments 54.9% AAA 73.% Floating Rate Instruments 76.41% AAA 87.31% Floating Rate Instruments 43.49% AA 24.59% Money Market Instruments 17.38% AA 6.48% Cash & Current 2.41% Cash & Current 2.41% Cash & Current 6.21% Cash & Current 6.21% - Long Term Plan Rating Money Market Instruments 54.9 ICICI Bank Ltd A1+ State Bank of Bikaner and Jaipur P1+ DLF Ltd A1+ Birla Global Finance Ltd. 8. A1+ Floating Rate Instruments Housing Development Finance Corporation Ltd AAA Sundaram Finance Ltd LAA+ IDBI Bank Ltd AA+ - Short Term Plan Rating Floating Rate Instruments Housing Development Finance Corporation Ltd AAA LIC Housing Finance Ltd AAA Citicorp Finance India Ltd AAA IDBI Bank Ltd AA+ Citi Financial Consumer Finance India Ltd AAA ICICI Bank Ltd AAA Money Market Instruments ICICI Bank Ltd A1+ Punjab National Bank 2.24 F1+ Cash & Current 2.41 Cash & Current

36 Life Gilt Plus As on November 3, 28 Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High An open-ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities. Low Liquid Plan Growth : Quarterly Dividend : Annual Dividend : PF Plan Growth : Quarterly Dividend : Annual Dividend : Regular Plan Growth : Quarterly Dividend : Annual Dividend : Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty Date of inception : October 12, 1999 Load Structure (Incl. for SIP): Liquid Plan, Regular Plan & PF Plan-Quarterly / Annual Dividend: Entry Load : NIL Exit Load : NIL PF Plan - Growth: Entry Load : NIL Exit Load** : 1.% if redeemed / switched out within 365 days from date of allotment. Average Maturity Liquid Plan :. Years PF Plan : Years Regular Plan : Years Benchmark Liquid Plan : I-Sec Si-BEX PF Plan : I-Sec Li-BEX Regular Plan : I-Sec Li-BEX Average AUM Liquid Plan : Rs Crores PF Plan : Rs Crores Regular Plan : Rs Crores Performance - Liquid Plan Performance - PF Plan Performance - Regular Plan Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception Birla sun Life Gilt Plus Liquid Plan - Growth I-Sec Si-BEX Life Gilt Plus PF Plan - Growth I-Sec Li-BEX Life Gilt Plus Regular Plan - Growth I-Sec Li-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. - Liquid Plan - PF Plan - Regular Plan Cash & Current 94.5% Cash & Current 97.67% Cash & Current 1.% Government Bond 5.95% Government Bond 2.33% - Liquid Plan - PF Plan - Regular Plan Rating Cash & Current 1. Rating Government Bond 94.5 Govt Bond Sovereign Govt Bond Sovereign 8.24 GOI Sovereign 8.15 GOI FCI SB Sovereign Cash & Current 5.95 Rating Government Bond GOI Sovereign Govt Bond Sovereign Govt Bond Sovereign Govt.Bond Sovereign 7.56 GOI Sovereign Cash & Current 2.33 # Value Research Rating Life Gilt Plus - Regular Plan Gilt: Medium & Long-term ( 49 Schemes), 18 months & 3 Yrs ended 3-Nov-8 36 CRISIL~CPR 1^^ Life Gilt Plus - Regular Plan Gilt Schemes (11 Schemes), 2 Yrs ended 3-Sep-8 Winner of Best - 5 yrs Performance Lipper Awards India 28 Life Gilt Plus - Regular - Growth Bond INR General (35 Schemes) 5 yrs ended 31-Dec-7 & (Past performance is no guarantee of future results.) for ranking methodology please refer page 41

37 Life Government Securities As on November 3, 28 Long Term - Style Box Short Term - Style Box Objective Credit Quality High Med Low Interest Rate Sensivity High Credit Quality High Med Low Interest Rate Sensivity High An open-ended Gilt scheme with the objective to provide investors current income consistent with a portfolio invested 1% in securities issued by the Government of India or the State Governments, and the secondary objective is capital appreciation. Low Low Manager : Mr. Maneesh Dangi Long Term Plan Growth : Dividend : Short Term Plan-Retail Growth : Dividend : Daily Dividend : 1.55 Weekly Dividend : Short Term Plan-Institutional Dividend : Daily Dividend : 1.63 Load Structure (Incl. for SIP): Entry Load : NIL Exit Load : NIL Benchmark Long Term Plan : I-Sec Li-BEX Short Term Plan : I-Sec Si-BEX Date of inception : October 28, 1999 Average Maturity Long Term Plan :. Years Short Term Plan :. Years Average AUM Long Term Plan : Rs Crores Short Term Plan : Rs Crores Long Term Plan - Performance Short Term Plan - Performance Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception Life Govt. Sec - LTP - Growth I-Sec Li-BEX Life Govt. Sec - STP - Growth I-Sec Si-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. - Long Term Plan - Short Term Plan Cash & Current 1.% Cash & Current 1.% - Long Term Plan Rating Cash & Current 1. - Short Term Plan Rating Cash & Current 1. 37

38 Dividend History (For select Schemes) EQUITY SCHEMES EQUITY SCHEMES Declared on date Dividend (%) # Dividend (Rs. per unit) Face value (Rs.) Cum Dividend NAV (Rs. per unit) Life Advantage 22-Mar Total dividend declared 28-Nov Jan since inception (Feb 24, 1995) = 325% 12-Mar Mar Dec Apr Life Dividend Yield Plus 3-May Jun Total dividend declared 24-Jul since inception (Feb 26, 23) = 178% 19-Sept Oct Dec Feb Sep Dec Mar July Oct Jan April Oct April Nov Life Tax Plan 15-Feb Oct Total dividend declared 26-Mar since inception (Feb 16, 1999) = 245% 21-Oct Dec Feb Mar Life Index 17-Oct Total dividend declared since inception (Sept 18, 22) = 137.5% 3-Feb Mar Life India GenNext 25-Apr Life India Opportunities 4-Feb Total dividend declared 14-Jan Feb since inception (Dec 27, 1999) = 147.5% 26-Oct Sep Life cap 19-Jun Total dividend declared 22-Jul since inception (Oct 3, 22) = 242.5% 24-Dec Oct Jan Feb Dec Dec Jun Life MNC 5-Feb Total dividend declared 22-Feb since inception (Dec 27, 1999) = 24% 29-Aug Jan Aug Life Basic Industries 31-Mar Total dividend declared 7-Oct since inception (Jan 15, 2) = 295% 24-Mar Jan Apr Life Buy India 28-Mar Life Equity 3-Sept Total dividend declared 28-Mar since inception (Aug 27, 1998) = 445% 29-Sept Mar Sept Mar Oct Mar Sept Mar Oct Feb Mar Aug Life Frontline Equity 31-Mar Total dividend declared 14-Oct Feb since inception (Aug 3, 22) = 24% 28-Aug Jun Aug Life New Millennium 27-Jun Life Tax Relief Apr Total dividend declared 8-Dec since inception (Mar 29, 1996) = 216% 19-Jan Mar Mar Jun Life Top 1 3-May Life Infrastructure 24-Mar After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.

39 Dividend History (For select Schemes) HYBRID & MONTHLY INCOME SCHEMES Non Corporate Corporate # # DEBT SCHEMES Date Face Value Dividend Dividend Cum Dividend NAV Dividend Dividend (%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit) Life Balance 17-Oct Total dividend declared since inception (Oct 12, 1999) = 65% 2-Jan Life MIP (Monthly Dividend Plan 27-July Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Aug Life MIP II - Savings 5 Plan 25-Jan (Monthly Dividend Plan) 29-Feb Mar Apr May Jun Jul Aug Aug Sep Oct Oct Nov Life MIP II - Wealth 25 Plan 25-May (Monthly Dividend Plan) 29-Jun July Aug Sep Oct Nov Dec Jan Feb Mar Apr May Life '95 3-Jun Total dividend declared 28-Mar since inception (Feb 1, 1995) = 325% 13-Oct Mar Oct Mar Oct Mar Oct Mar Oct Mar May Life Monthly Income - 31-May Monthly Dividend 29-Jun July Aug Sep Oct Nov Dec Jan Feb Mar Apr May Life Monthly Income - 29-Jun Quarterly Dividend 2-July Sep Dec Mar Jun Sep After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results. 39

40 Dividend History (For select Schemes) DEBT SCHEMES 4 Non Corporate Corporate DEBT SCHEMES Date Face Value Dividend Dividend Dividend Dividend Cum Dividend NAV # # (%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit) Life Short Term 15-Mar Opportunities 15-Jun Sep Dec Mar Jun Sep Life Dynamic Bond - Retail 28-May Quarterly Dividend 2-Jul Aug Sep Oct Life Gilt Plus - Liquid Plan - 15-Jun (Quarterly Dividend) 17-Sep Dec Mar Jun Sep Oct Life Gilt Plus - PF Plan 15-Mar Jun Sep Dec Mar Jun Sep Life Gilt Plus - Regular Plan 15-Mar (Quarterly Dividend) 15-Jun Sep Dec Mar Jun Sep Life Income Plus 15-Dec (Monthly Dividend) 15-Mar Jun Sep Dec Mar Jun Life Govt. Securities - 15-Mar Long Term Dividend 17-Sep Mar Life Govt. Securities - 15-Mar Short Term Dividend 15-Jun Sep Dec Mar Jun Sep Life Income - 15-Mar Half Yearly Dividend 17-Sep Mar Life Income - 15-Mar Quarterly Dividend 15-Jun Sep Dec Mar Jun Sep Life Liquid Plus - 26-Sep Institutional Monthly Dividend 31-Oct Nov Life Liquid Plus - 26-Sep Retail Monthly Dividend 31-Oct Nov Life Short Term - 26-Sep Monthly Dividend 31-Oct Nov After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.

41 Methodology of Ranking # Value Research Ratings The Ratings are a Composite Measure of historical Risk-Adjusted Returns. For Equity and Hybrid s, Ratings for the two time periods (3 and 5 years) are combined to give a single assessment of each fund s risk rating vis-à-vis other funds in the category. For Debt funds and Long & Medium-term Gilt funds, the Ratings are arrived at by combining the assessment for 2 time periods (18 months and 3 years), based on weekly risk-adjusted performance. For Short-term and Ultra Short-term debt funds and Short-term Gilt funds, the Ratings are based on 18-month weekly risk-adjusted performance, relative to the other funds in category. Entry/Exit Loads not considered. 5-stars indicate that fund is in top 1% of its category. 4-stars indicate that fund is in next 22.5% of its category. Following is the number of schemes in each category: Equity Diversified (22), Equity: Index (26), Equity Tax Planning (31), Hybrid: Equity Oriented (32), Hybrid: Debt Oriented (29), Hybrid: Monthly Income (37), Debt: MT (54), Debt: ST (24), Debt: Ultra ST (52), Debt: Ultra ST-Inst. (56), Debt: Floating Rate ST (1) Debt: Floating Rate LT (11), Gilt: Medium and LT (49), Gilt: ST (18). Debt: Liquid Plus (36),Debt: Liquid Plus Inst (37). Ratings are as on 3 Nov 8. Ranking Source: ICRA Ranking Methodology and Disclaimer Life Short Term - Growth (Category: Liquid Plus Scheme, No of Schemes = 26) & Life Income Plus - Growth (Category: Debt Long Term, No of Schemes = 18) are ranked 7 - Star at ICRA Mutual s Awards 27 for 1 yr performance for period ended 31 Dec. 7. Ranks are based on in-depth analysis of critical parameters, including: risk-adjusted performance; portfolio concentration characteristics; liquidity; corpus size; average maturity; and portfolio turnover. Entry/Exit Loads not considered. Ranking Source & Publisher: ICRA Online. + ICRA mfaaa and mfa1+ Rating Methodology for Life Floating Rate (Short Term & Long Term) and Life Cash Plus Respectively Life Floating Rate Short Term Plan & Life Floating Rate Long Term Plan: The credit risk rating assigned to the schemes is mfaaa. The rating is the highest-credit-quality rating assigned by ICRA to debt funds. Life Cash Plus: The credit risk rating assigned to the scheme is mfa1+. The highest-credit-quality short-term rating assigned by ICRA to debt funds. Rating methodology used by ICRA is based on evaluating the inherent credit quality of the funds portfolio. As a measure of the credit quality of a debt fund s assets, ICRA uses the concept of credit scores, based on ICRA s assessment of credit risk associated with each exposure of the portfolio taking into account its maturity, investment objectives and policies, its management characteristics and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. Source: ICRA Ltd. * AAAf: CRISIL AAAf Rating Methodology for Life Liquid Plus, Life Income Plus, Life Cash Manager, Life Income and Life Short Term AAAf The fund s portfolio holdings provide very strong protection against losses from credit defaults. The credit quality ratings are based on an analysis of the fund s investment philosophy, its management, investment strategies, operational policies and internal controls. Credit quality incorporates the credit risk of securities and the counter-party risk involved in transactions CRISIL has developed a Credit Quality Matrix to evaluate a bond fund s overall level of protection against losses associated with credit default. The matrix is a set of credit factors & credit scores derived scientifically from CRISIL s rating default and transition rates over past ten years. Ranking source: CRISIL Services, CRISIL Ltd. ^^Crisil CPR Ranking Methodology & Disclaimer Life Equity : CRISIL~CPR 1 - in Consistent CPR Performer - Equity (26 Schemes) Life Frontline Equity : CRISIL~CPR 2 -In Diversified Equity Scheme Category (9 Schemes). Life Income : CRISIL~CPR 1 - Income Scheme Category (17 Schemes) Life Income Plus: CRISIL~CPR 1 - Consistent CPR Performer - Debt (13 Schemes) Life Income Plus: CRISIL~CPR1 - Income Scheme Category (17 schemes) Life Monthly Income: CRISIL~CPR 2 - MIP Conservative Scheme Category (12 schemes) Life Short Term - Retail Plan: CRISIL~CPR 1 - Debt Short Term Scheme Category (18 Schemes). Life Cash Plus - Institutional: CRISIL~CPR 2 - Liquid Inst. Scheme Category (12 schemes) Life Cash Plus - Institutional Premium: CRISIL~CPR 2 - Liquid Super Inst. Scheme Category (19 Schemes). Life Cash Plus - Retail Plan: CRISIL~CPR 1 Consistent CPR Performer - Liquid (15 Schemes) Life Cash Plus - Retail Plan: CRISIL~CPR 2 Liquid Scheme (3 Schemes) Life Gilt Plus - Regular Plan: CRISIL~CPR 1 - Gilt Scheme Category (11 schemes) CRISIL~Composite Performance Ranking - (CRISIL~CPR) is the relative performance ranking of mutual fund schemes within the peer group. The criteria used for computing the ranking are AUM in excess of category cut-off limits & portfolio disclosure and performance in case of Liquid Plans, Floating Rate and Debt-Short Term Last 1 years; All other Schemes Last 2 years and 5 yrs CPR track record for consistent CPR Performers. Ratings are as on 3 September 8. Ranking is done on the following parameters depending on scheme category. CRISIL~CPR 1 - indicates Very Good" performance & ranks within top 1% of the respective category. CRISIL~CPR 2 - indicates Good" performance & ranks within top 3% of the respective category. Parameters Superior Return Score Mean Return and Volatility Concentration Analysis Liquidity Analysis Asset Quality Average Maturity Downside Risk Probability Asset Size Historic performance on CRISIL~CPR Scheme Category Large Cap Oriented Equity, Diversified Equity, ELSS, Balanced, Debt, MIP (Aggressive & Conservative), Gilt-Long and Consistent CPR Performers Equity, Balanced and Debt Debt-Short, Liquid Plans & Consistent CPR Performers - Liquid All Schemes All Schemes Debt Schemes Debt Schemes Debt- Short Term, Liquid, Liquid Plus, Liquid- Institutional & Super Institutional Debt- Short Term, Liquid, Liquid Plus, Liquid- Institutional & Super Institutional Consistent CPR Performer Equity, Balanced, Debt and Liquid categories Ranking Source: Crisil Services, CRISIL Limited & Lipper Awards 28 Award Methodology & Disclaimer Life 95 Growth (BSL 95): Best - 1 yr performance ( ), Mixed Asset INR Aggressive, No. of schemes: 6 Life Income - Growth (BSLIF): Best - 3yr (24-27) & 1 yr ( ) performance, Bond INR - General, No. of schemes: 1 Life Gilt Plus - Regular Growth (BSLGP-Reg): Best - 5 yr performance (22-27), Bind INR Govt, No. of Schemes: 35 Life Tax Relief '96 (BSLTR'96): 3rd Rank (Top Performing Equity funds in the world) - 1 yr performance ( ), Equity s, No. of Schemes: 632 BSL 95, BSLIF & BSLGP - Reg are awarded the Lipper Award 28 and BSLTR 96 has been ranked 3rd among the top 1 equity funds in the world on the basis of Consistent Return (Effective Return) value. Entry/Exit load not considered. Ranking source: Lipper - A Reuter S & P Management Rating Standard & Poor s A: The fund demonstrates high standards of quality based on its investment process, risk awareness and consistency of performance relative to its own objectives. Ranking Methodology: The has provided consistent, above average, risk-adjusted returns relative to its peers over a three-year period ending December 31, 26. The is assessed by S&P on basis of quantitative factors viz. historical performance for consistency, discrete period performance comparisons and measurement over 3 discrete twelve-month periods, including 6 month moving average size, turnover, dealing, liquidity of portfolio, gearing, client base, cost, fees and on evaluation of qualitative factors viz. fund management group, portfolio manager and investment team that contributes to long term performance. && CNBC TV18 - CRISIL Mutual of the Year Award for 27 - Award Methodology & Disclaimer Life Mutual - Mutual of the Year: Life Mutual won the CNBC TV18 - CRISIL Mutual of the Year Award in the Category Mutual of the Year. In total 26 fund houses were eligible for the award universe. Houses winning at least two awards for their schemes in the category level awards for 27 were considered for the award. The award is based on consistency of fund house s performance across various scheme categories in the four quarterly CRISIL CPR rankings released during the calendar year 27. The individual CRISIL CPR ranks for their schemes were aggregated on a weighted average basis to arrive at the final ranks for fund houses. Life Infrastructure Growth - Emerging Equity of the Year: Birla Infrastructure - Growth was the only scheme that won the CNBC TV18 - CRISIL Mutual of the Year Award in the Emerging equity of the year category. In total 14 schemes were eligible for the award universe. Open ended equity schemes having a one to two year track record as on December 31, 27 and fulfilling CRISIL s eligibility criteria on disclosure were considered for the award. The award is based on the scheme s performance using the analytical approach of the CRISIL CPR rankings having the analysis period as the year 27. Life Frontline Equity - Growth(Large Cap Oriented Equity ), 22 Schemes: Among 2 winners Life Income (Income s), 17 schemes: Only winner Life Monthly Income (Monthly Income Plans Conservative), 9 schemes: Only winner Life Short Term (Income Short Term s), 12 schemes: Only winner Schemes present in all four quarter CRISIL CPRs were considered for the award. The award is based on consistency of scheme s performance in the four quarterly CRISIL CPR rankings released during the calendar year 27. The individual CRISIL CPR parameter scores averaged for the four quarters were further multiplied by the parameter weight as per the CRISIL CPR methodology to arrive at the final scores. A detailed methodology of the CRISIL CPR is available at Past performance is no guarantee of future results. Rankings and Award Source: CRISIL Services, CRISIL Ltd. AGRA : AHMEDABAD : / 48 AJMER : ALLAHABAD : / 15 / AURANGABAD : BANGALORE : / 2 / 3 BARODA : / 2986 BHUBANESHWAR : / 3413 CHANDIGARH : CHENNAI : / 2 / / COCHIN : / COIMBATORE : / 64 DEHRADUN : / ERODE : /98 GOA : / 29 For further details on our s, please contact our Customers Service Centres at details given below. BIRLA SUN LIFE ASSET MANAGEMENT COMPANY LTD. BRANCHES GURGOAN : / 75 GUWAHATI : / INDORE : / / JAIPUR : / 9115 / JAMSHEDPUR : JODHPUR : KANPUR : / 21 / KOLKATA : / 94 / 95 / / 16 LUCKNOW : / 11 / LUDHIANA : / MADURAI : / 67 MUMBAI (FORT) : MUMBAI (GHATKOPAR) : MUMBAI (HEAD OFFICE) : MUMBAI (PRABHADEVI) : / 36 MYSORE : / 1 / 2 NAGPUR : / 43 NASHIK : / NEW DELHI : NOIDA : PATNA : / 23 / PUNE : / 66 / 67 RAIPUR : SECUNDARABAD : / 358 / SURAT : / 178 THANE : / 61 TRICHY : /92/93 UDAIPUR : VARANASI : / 56 Disclaimer: Any information contained in this publication does not constitute and shall be deemed not to constitute an advice, an offer to sell/ purchase or as an invitation or solicitation to do so for any securities of any entity, and further, Life AMC Ltd./ its subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of any information that may be displayed in this publication from time to time. Recipients of the information contained herein should exercise due care and caution and read the offer documents (including if necessary, obtaining the advice of tax / legal / accounting / financial / other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained herein. Editorial opinions expressed in the 'Connect' are not necessarily those of Life AMC Ltd. or any of their officers, employees, personnel, directors and Life AMC Ltd. and its officers, employees, personnel, directors do not accept responsibility for the editorial content. Life AMC Ltd. or any of its officers, employees, personnel, directors make no representation as to the accuracy, completeness or reliability of the editorial content and hereby disclaim any liability with regard to the same. Statutory Details: Constitution: Life Mutual (BSLMF) has been set up as a Trust under the Indian Trust Act, Sponsors: Aditya Birla Nuvo Limtied and Sun Life (India) AMC s Inc. (liability restricted to seed corpus of Rs. 1 Lac). Trustee: Life Trustee Company Pvt. Ltd. Manager: Life Asset Management Company Ltd.Risk Factors: Mutual s and securities investments are subject to market risks and there can be no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme may go up or down depending on the various factors and forces affecting capital markets and money markets. Past performance of the Sponsor / Manager / Mutual does not indicate the future performance of the Schemes and may not necessarily provide a basis of comparison with other investments. The names of the Schemes do not, in any manner, indicate either the quality of the Schemes or their future prospects or returns. Unitholders in the schemes are not being offered any guaranteed/assured returns. Investors should read the Offer Document/ Key Information Memorandum available at Investor Service Centers and with distributors carefully before investing. The Material provided in the Connect cannot be reproduced or quoted anywhere without express permission from Life Asset Management Company Ltd. 41

42 Awarded by OUTLOOK MONEY NDTV PROFIT Life Mutual has been awarded, THE BEST MUTUAL FUND HOUSE Runners Up by Outlook Money NDTV Profit 28 which reaffirms us as a leading player in the industry. We would like to take this opportunity to thank you, as this would not have been possible without your continued support & dedication. Our heartiest congratulations to you once again and we are sure that we will continue this winning tradition. Award Methodology: Outlook Money NDTV Profit Awards 28: BEST FUND HOUSE (Runner-up) - Life Asset Management Co. Ltd. Category: Best Wealth Creator Awards. The category was subdivided as: Best House, Best Equity House and Best Debt House and two fund houses selected in each category: a winner and a runner-up. Number of Houses eligible for Best House category: 17. Criterions for Short-Listing of Houses/AMCs: 1) AUM of Rs 1, crore as on 3 June 28. 2) At least 4 per cent of the equity funds (or debt funds if the funds chose to focus only on debt funds) must conform to the tenure and minimum investment eligibility criteria of Outlook Money risk-return rankings. Alternately, the fund house must have been ranked the previous year. 3) Minimum track record of 3 years for all scheme types except liquid, short-term and long-term floating funds. 4) Returns were adjusted for risk (downside/concentration/strategy/credit). 5) Sector schemes were not considered. 6) MutualsIndia.com database was used for this analysis. Evaluation Criterions: The short-listed fund houses/amcs were mailed questionnaires to gather quantitative and qualitative information. The questionnaires sent considering the following parameters Quantitative: The fund house/amc performed vis-à-vis the category average and the number of schemes in the top quartile are considered. For all schemes, except liquid, liquid plus, floating rate long-term and floating rate short-term the period of consideration was 3 years ending June 3, 28. For liquid, liquid plus, floating rate long-term and floating rate short-term the period of considerations was 6 months ending June 3, 28. The rankings were arrived after a risk-return analysis and rolling-returns were considered across categories. Risk parameters like downside risk (to check the downside volatility), portfolio concentration, strategy risk (deviation in portfolio asset allocation from the mandated one) were checked in addition to the credit quality and average maturity (for debt funds). Qualitative: The facilities that the fund house/amc offers and the satisfaction level of investors. Only fund houses/amcs that reverted with filled questionnaires competed in these awards. If any question remained unanswered, the fund house/amc was given the lowest mark against that evaluation parameter. Final winners were arrived at after assigning weights, as ratified by the jury. For more information please visit Statutory Details: Constitution: Life Mutual has been set up as a Trust under the Indian Trust Act, Sponsors: Aditya Birla Nuvo Limited & Sun Life (India) AMC s Inc [liability restricted to seed corpus of Rs. 1 Lac]. Trustee: Life Trustee Company Pvt. Ltd. Manager: Life Asset Management Company Ltd. Risk Factors: Mutual s & securities investments are subject to market risks and there can be no assurance or guarantee that the objective of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme may go up or down depending on the various factors and forces affecting capital markets and money markets. Past Performance of the Sponsor / Manager / Mutual does not indicate the future performance of the Scheme and may not necessarily provide a basis of comparison with other investments. The name of the Scheme does not, in any manner, indicate either the quality of the Scheme or its future prospects or returns. Unit holders in the scheme are not being offered any guarantee / assured returns. For further details, please read the Offer Document (OD) / Scheme Information Document (SID) carefully before investing.