Market Update - Equity. Market Update - Derivatives. From The Debt Desk. Monthly Market Update by JM Financial Mutual Fund

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3 Details as on March 31, 2015 Monthly Market Update by JM Financial Mutual Fund Details as on March 31, 2015 Market Update - Equity ECONOMY Industrial production expanded moderately at 2.6% in January as compared to a growth of 3.2% last month. Headline CPI climbed marginally to 5.4% in February v/s. 5.2% in January. The pickup in inflation was largely due to adverse base effect as the sequential increase was muted at 0.2%. Food price remained flat and core inflation slowed marginally to 3.9% reflecting subdued demand pressure. However the fuel component was a key driver, rising 4.7% from 3.8%. Meanwhile, WPI dropped further to -2% from the -0.4% last month. The fall was widespread across primary, fuel and manufactured products reflecting a deflationary trend in global commodities. RBI cut a surprise repo rate by 25bps in an inter policy move in February. The Union Budget and the agreement on the monetary policy framework appeared to be the trigger for this. The forward guidance remained largely unchanged with further easing being contingent on (1) data (2) fiscal consolidation (3) monsoons and (4) global developments. Despite a 15% contraction in exports, decline in crude prices and stable gold imports resulted in Feb trade deficit narrowing to $6.8bn. This took the cumulative deficit for the Financial Year to $125.2bn. MARKET During the month, Nifty and Sensex went down by 5.2% & 5.1% respectively as against Hang Seng which was flat. FIIs continued to pump in fresh money into Indian equities with net inflows totaling another $1.6bn during the month, which took their YTD tally to $5.9bn. DIIs meanwhile were small net buyers of $31mn keeping their YTD net sell tally almost unchanged at $861mn. However, the selling continues to come from insurance companies, which sold ~$498mn in March even as mutual funds remained buyers to the tune of $529mn. Market Update - Derivatives The March expiry level of the Nifty index was around 4% lower than that of the February level. Rollover into the March series ended on a strong note. At the end of March series, market-wide rollovers stood at ~81% which was in line with average rollovers (last three series). The April series started with market wide future open interest of ~INR 841bn as against ~INR 886bn seen at the start of the February expiry. The lengthy April expiry coupled with higher currency hedging costs kept the arbitrageurs short roll mandate higher. Nifty rollover was higher at ~77% compared to the average rollovers of ~75% (last three series). High rollovers were witnessed in Infra & Technology sectors whereas Telecom, FMCG and Realty sectors witnessed lower rollovers. Volatility in the markets may help churn the arbitrage portfolio and generate good returns. From The Debt Desk Key data and events March, 2015 Government bond yields remained in a range during the month. The 10 year benchmark bond traded at around % as on 31st March 2015 as against % in the previous month. WPI Inflation: The provisional inflation for the month of February, 2015 was at -2.06% as against -0.39% in January, IIP: The provisional Index of Industrial Production (IIP) for the month of January, 2015 was 2.6% as against revised IIP of 3.2% for the month of December, CPI: The Combined Provisional CPI for the month of February, 2015 was at 5.37% as against revised CPI of 5.19% for the month of January, Forex reserves: Forex Reserves as on March 27, 2015 stood at USD billion as against USD billion as on February 27, Domestic Liquidity: Liquidity remained tight as RBI received average daily bids of around INR 1,00,000 crores during the month in the daily LAF & term repo auction. Fixed Income and Currency data: Indian 5 year Corporate Bond yield ended lower at 8.31% as compared to 8.29% in the previous month. 3 Month Certificate of Deposit rates ended lower at 8.08% as compared to 8.73% in the previous month. 12 Month Certificate of Deposit rates ended lower at 8.23% as compared to 8.68% in the previous month. USD/INR: The local currency ended at Rs Global data: 10 year US bond yield ended lower at % as against 1.993% in the previous month. Source for the above Commentry: RBI WSS, Bloomberg and JMF AMC Research 1

4 JM Equity Fund (An Open-Ended Growth ) Investment Objective : To provide optimum capital growth and appreciation. Fund Manager : Sanjay Chhabaria (Managing this fund since December, 2007 & more than 14 yrs of experience in fund management & equity research) Chaitanya Choksi (Managing this fund since July 18, 2014 and has around 11 years of work experience in the field of equity research and capital markets.) : 1st April, 1995 CORPUS (Jan 15 - Mar 15) Turnover Ratio ASSET allocation by sector 2 : Growth Option: Dividend Option: (Direct)-Growth Option: (Direct)-Dividend Option: : Qtly - AAUM (`) : Crores : Issuer % to NAV Larsen & Toubro 6.90 Motherson Sumi Systems 6.82 Eicher Motors 5.89 Housing Development Finance Corporation 5.69 ICICI Bank 5.46 HDFC Bank 5.21 Credit Analysis and Research 4.43 HCL Technologies 4.39 Tata Motors 4.04 Bharat Forge 3.94 Asian Paints 3.81 Sundaram Finance 3.56 Crompton Greaves 3.31 AXIS Bank 3.24 Dr Reddy's Laboratories 3.23 State Bank Of India 3.07 Hindustan Petroleum Corporation 3.01 Cummins India 2.99 ACC 2.89 Ultratech Cement 2.67 Maruti Suzuki India 2.28 Balkrishna Industries 2.20 Equity less than 2% of corpus 7.78 Total Equity Holdings Non Convertible Preference Share % CR Non-Convertible Pref Shares 0.06 Total Debt Holdings 0.06 CBLO & Others* 3.13 Banks Finance Auto Auto Ancillaries Construction Project Industrial Products Software Cement Pharmaceuticals Consumer Non Durables Industrial Capital Goods Petroleum Products Oil Paper Total Equity: 96.81% 0.95% 0.04% 3.81% 3.31% 3.01% 5.56% 5.09% 6.93% 6.14% 9.02% 8.20% 12.21% 13.68% 18.88% Kindly Refer Page No. 9 RISK REPORT Name Beta Sharpe Std. Dev. JM Equity Fund - Growth Option Source: Mutual Funds India Explorer Note: Standard Deviation & Sharpe are calculated on Annualised basis using 3 years history of monthly returns (using daily frequency). Risk Free rate assumed to be 7.94% (91 day Treasury Bill yield as on Mar 31, 2015) for calculation of Sharpe ratio. JM Basic Fund (An Open-Ended Sector ) Investment Objective Fund Manager : 2nd June, 1997 CORPUS (Jan 15 - Mar 15) Turnover Ratio : To provide capital appreciation to its Unitholders through judicious deployment of the corpus of the in sectors categorized under basic industry in the normal parlance and in context of the Indian economy, including but not limited to, energy, petrochemicals, oil & gas, power generation & distribution and electrical equipment suppliers, metals and building material. The fund would continue to remain open-ended with a sector focus. : Asit Bhandarkar (Managing this fund since December, 2006 & total 12 yrs of experience in fund management & equity research). : Growth Option: Dividend Option: (Direct)-Growth Option: (Direct)-Dividend Option: : Qtly - AAUM (`) : Crores : Issuer % to NAV Hindustan Petroleum Corporation 7.79 Larsen & Toubro 6.48 Tata Motors 6.25 Dr Reddy's Laboratories 6.03 Yes Bank 6.00 Motherson Sumi Systems 4.48 Bharat Forge 4.45 Bajaj Finance 3.87 Voltas 3.84 HDFC Bank 3.80 AXIS Bank 3.73 Thermax 3.69 Maruti Suzuki India 3.65 Bharat Petroleum Corp 3.41 Cummins India 3.34 Credit Analysis and Research 3.31 Kotak Mahindra Bank 3.25 VA Tech Wabag 3.00 Balkrishna Industries 2.73 SKF India 2.60 Asian Paints 2.46 Godrej Properties 2.14 Crompton Greaves 2.13 Equity less than 2% of corpus 5.41 Total Equity Holdings CBLO & Others* 2.16 ASSET allocation by sector Kindly Refer Page No. 9 Details as on March 31, 2015 RISK REPORT Name Beta Sharpe Std. Dev. JM Basic Fund - Growth Option Source: Mutual Funds India Explorer Note: Standard Deviation & Sharpe are calculated on Annualised basis using 3 years history of monthly returns (using daily frequency). Risk Free rate assumed to be 7.94% (91 day Treasury Bill yield as on Mar 31, 2015) for calculation of Sharpe ratio. JM Multi Strategy Fund (An Open-Ended Equity Oriented ) Investment Objective Fund Manager Banks Petroleum Products Industrial Products Construction Project Auto Finance Industrial Capital Goods Auto Ancillaries Pharmaceuticals Consumer Non Durables Construction Oil Cement Paper Total Equity: 97.84% : To provide capital appreciation by investing in equity and equity related securities using a combination of strategies. : Sanjay Chhabaria (Managing this fund since February, 2009 & more than 14 years of experience in fund management & equity research). : 23rd September, 2008 : Growth Option: Dividend Option: (Direct)-Growth Option: (Direct)-Dividend Option: CORPUS (Jan 15 - Mar 15) : Qtly - AAUM (`) : Crores Turnover Ratio 0.04% 2.14% 1.95% 1.42% 2.46% 6.03% : Issuer % to NAV Eicher Motors $ Larsen & Toubro 7.16 Motherson Sumi Systems 6.24 ICICI Bank 5.47 ACC 4.88 Bajaj Finance 3.74 Bharat Forge 3.69 Housing Development Finance Corporation 3.65 HDFC Bank 3.55 Tata Motors 3.44 HCL Technologies 3.40 Tech Mahindra 3.22 Power Finance Corporation 3.22 Hindustan Petroleum Corporation 3.21 VA Tech Wabag 2.98 Thermax 2.59 Credit Analysis and Research 2.57 AXIS Bank 2.53 Voltas 2.43 Crompton Greaves 2.30 State Bank Of India % 9.16% 8.83% 10.39% 10.32% 9.90% 11.20% 16.78%

5 Ultratech Cement 2.00 Equity less than 2% of corpus 7.97 Total Equity Holdings CBLO & Others* 3.92 $ increase over 10% on account of market movements/change in net asset of the scheme. Kindly Refer Page No. 9 ASSET allocation by sector RISK REPORT Name Beta Sharpe Std. Dev. JM Multi Strategy Fund - Growth Option JM Tax Gain Fund (An Open-Ended Equity Linked Savings ) Investment Objective : To generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the objective of the scheme will be achieved. Fund Manager : Sanjay Chhabaria: (Managing this fund since October 2010 & more than 14 yrs of experience in fund management & equity research). Chaitanya Choksi (Managing this fund since July 18, 2014 and has around 11 years of work experience in the field of equity research and capital markets.) : 31st March, 2008 Auto Finance Banks Construction Project Industrial Capital Goods Auto Ancillaries Cement Software Industrial Products 3.86% Petroleum Products 3.21% Oil 1.70% Consumer Non Durables 1.41% Construction 0.34% Paper 0.01% Total Equity: 96.08% CORPUS (Jan 15 - Mar 15) Turnover RatiO Source: Mutual Funds India Explorer Note: Standard Deviation & Sharpe are calculated on Annualised basis using 3 years history of monthly returns (using daily frequency). Risk Free rate assumed to be 7.94% (91 day Treasury Bill yield as on Mar 31, 2015) for calculation of Sharpe ratio. 9.59% 7.87% 7.01% 6.88% 6.63% 17.24% 15.32% 15.00% : Growth Option: Dividend Option: (Direct)-Growth Option: (Direct)-Dividend Option: : Qtly - AAUM (`) : Crores : Issuer % to NAV Eicher Motors $ Larsen & Toubro 6.83 ICICI Bank 5.54 Sundaram Finance 5.47 SKF India 5.27 Bajaj Finance 5.20 Motherson Sumi Systems 5.11 Hindustan Petroleum Corporation 4.96 Thermax 4.24 Power Finance Corporation 4.17 Crompton Greaves 3.80 ACC 3.33 Housing Development Finance Corporation 3.22 Voltas 3.21 Bharat Forge 3.12 Tata Motors 2.94 Cummins India 2.69 HDFC Bank 2.50 Balkrishna Industries 2.38 Equity less than 2% of corpus Total Equity Holdings CBLO & Others* 1.85 $ increase over 10% on account of market movements/change in net asset of the scheme. ASSET allocation by sector Finance Auto Industrial Products Banks Construction Project Industrial Capital Goods Auto Ancillaries Cement Petroleum Products Software Oil Consumer Non Durables Pharmaceuticals Paper Total Equity: 98.15% 1.54% 1.44% 1.08% 1.07% 0.04% 5.00% 4.96% 7.49% 9.61% 11.08% 10.13% 10.04% 14.69% Kindly Refer Page No. 9 RISK REPORT Name Beta Sharpe Std. Dev. JM Tax Gain Fund - Growth Option Source: Mutual Funds India Explorer Note: Standard Deviation & Sharpe are calculated on Annualised basis using 3 years history of monthly returns (using daily frequency). Risk Free rate assumed to be 7.94% (91 day Treasury Bill yield as on Mar 31, 2015) for calculation of Sharpe ratio. JM Balanced Fund (An Open-Ended Balanced ) 20.00% Investment : To provide steady current income as well as long Objective term growth of capital. Fund Manager : Sanjay Chhabaria (Managing this fund since February, 2008 & more than 14 years of experience in fund management & equity research). : 1st April, 1995 : Growth Option: Dividend Option: Bonus Option: Annual Dividend Option: Half Yearly Dividend Option: Quarterly Dividend Option: Monthly Dividend Option: Annual Bonus Option: Half Yearly Bonus Option: Quarterly Bonus Option: (Direct) Growth Option: (Direct) Dividend Option: (Direct) Bonus Option: (Direct) Annual Dividend Option: (Direct) Half Yearly Dividend Option: (Direct) Quarterly Dividend Option: (Direct) Monthly Dividend Option: (Direct) Annual Bonus Option: CORPUS (Jan 15 - Mar 15) Turnover Ratio Details as on March 31, 2015 ASSET allocation by sector Kindly Refer Page No. 9 JM Core 11 Fund (An Open-Ended equity oriented scheme) Investment Objective : To provide long-term growth by investing predominantly in a concentrated portfolio of equity / equity related instruments Fund Manager : Asit Bhandarkar (Managing this fund since February, 2009 & total 12 yrs of experience in fund management & equity research). Chaitanya Choksi (Managing this fund since July 18, 2014 and has around 11 years of work experience in the field of equity research and capital markets.) : 5th March, 2008 CORPUS (Jan 15 - Mar 15) Turnover Ratio (Direct) Half Yearly Bonus Option: (Direct) Quarterly Bonus Option: : Qtly - AAUM (`) : Crores : Infosys 6.23 Housing Development Finance 6.18 Corporation HDFC Bank 5.60 Larsen & Toubro 5.44 Tata Consultancy Services 5.03 ITC 4.82 ICICI Bank 4.78 Tata Motors 4.24 Reliance Industries 3.59 State Bank Of India 2.14 Bharti Airtel 2.13 Equity less than 2% of corpus Total Equity Holdings CERTIFICATE OF DEPOSITS Bank of Maharashtra 2.57 CRISIL A1+ Canara Bank 5.16 CRISIL A1+ Canara Bank 2.42 CRISIL A1+ Canara Bank 2.42 CRISIL A1+ IDBI Bank 2.47 CRISIL A1+ Indian Bank 9.71 IND A1+ Oriental Bank of Commerce 2.43 CRISIL A1+ Corporate Debt 0.11 NTPC 0.11 Total Debt Holdings CBLO & Others* (2.48) Mineral/Mining Oil Power Telecom Services Petroleum Products Pharmaceuticals Construction Project Finance Consumer Non Durables Auto Software Banks Total Equity: 75.19% 1.44% 1.19% 2.13% 2.00% 3.59% 4.86% 5.44% 6.18% 7.98% 7.79% : Growth Option: Dividend Option: (Direct) Growth Option: (Direct) Dividend Option: : Qtly - AAUM (`) : Crores : % %

6 Issuer % to NAV Motherson Sumi Systems $ Hindustan Petroleum Corporation 9.88 Tata Motors 9.80 Voltas 9.48 Larsen & Toubro 9.43 Yes Bank 9.09 ICICI Bank 8.86 Tech Mahindra 8.70 Power Finance Corporation 8.65 State Bank Of India 7.83 Crompton Greaves 6.17 Total Equity Holdings CBLO & Others* 1.76 $ increase over 10% on account of market movements/change in net asset of the scheme. ASSET allocation by sector Banks Construction Project Auto Ancillaries Petroleum Products Auto Software Finance Industrial Capital Goods Total Equity: 98.24% Kindly Refer Page No. 9 RISK REPORT Name Beta Sharpe Std. Dev. JM Core 11 Fund - Growth Option Source: Mutual Funds India Explorer Note: Standard Deviation & Sharpe are calculated on Annualised basis using 3 years history of monthly returns (using daily frequency). Risk Free rate assumed to be 7.94% (91 day Treasury Bill yield as on Mar 31, 2015) for calculation of Sharpe ratio. JM MIP Fund (An Open-Ended Monthly Income Fund with no assured return. Monthly Income is not assured and is subject to the availability of the distributable surplus.) Investment Objective Fund Manager 4 : To generate regular income, primarily through s in fixed income securities so as to make monthly, quarterly and annual dividend distribution, declare bonus in the growth option. The Fund would also aim to achieve capital appreciation through investing a portion of its assets in equity and equity related securities. : Shalini Tibrewala (Managing this fund since September, 2003 & over 14 years of experience in fund management & financial services sector). : 18th September, 2003 CORPUS (Jan 15 - Mar 15) 10.35% 9.88% 9.80% 8.70% 8.65% 6.17% 18.91% 25.78% : Growth Option: Dividend Option-Monthly Dividend: Dividend Option-Quarterly Dividend: Dividend Option-Annual Dividend: Bonus Option: (Direct)-Growth Option: (Direct)-Dividend Option-Monthly Dividend: (Direct)-Dividend Option-Quarterly Dividend: (Direct)-Dividend Option-Annual Dividend: (Direct) Bonus Option: : Qtly - AAUM (`) : 4.63 Crores ACC 1.75 Asian Paints 3.63 Eicher Motors 3.56 HDFC Bank 2.29 Larsen & Toubro 3.85 Total Equity Holdings Money Market Instruments Certificate of Deposits IndusInd Bank CRISIL A1+ Commercial Paper Reliance Infrastructure IND A1+ Religare Comtrade ICRA A1+ Total Debt Holdings CBLO & Others* ASSET allocation by sector Total Debt Holdings CBLO & Others* Total Equity Holdings Kindly Refer Page No. 10 statistics Current Yield 9.65% Duration years Average Maturity years JM Arbitrage Advantage Fund (An Open-Ended Equity Oriented ) Investment Objective : To generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. Fund Manager : Chaitanya Choksi (Managing this fund since Feb 1, 2011 and has around 11 years of work experience in the field of equity research and capital markets.) Asit Bhandarkar (Managing this fund since July 18, 2014 & total 12 yrs of experience in fund management & equity research). Sanjay Chhabaria: (Managing this fund since July 18, 2014 & more than 14 yrs of experience in fund management & equity research). : 18th July, 2006 CORPUS (Jan 15 - Mar 15) Turnover Ratio 18.55% 15.07% 66.37% : Dividend Option: Growth Option: Bonus Option: Annual Bonus Option: Half Yearly Bonus Option: Quarterly Bonus Option: (Direct) Dividend Option: (Direct) Growth Option: (Direct) Bonus Option: (Direct) Annual Bonus Option: (Direct) Half Yearly Bonus Option: (Direct) Quarterly Bonus Option: : Qtly - AAUM (`) : Crores : Issuer Details as on March 31, 2015 Market Value (` In Lacs) % to NAV Market Value (` In Lacs) Auto ( ) Ashok Leyland Ashok Leyland - (963.00) Hero Motocorp Hero Motocorp - (663.03) Mahindra & Mahindra Mahindra & Mahindra - (408.45) Maruti Suzuki India Maruti Suzuki India - ( ) Tata Motors Tata Motors - ( ) Auto Ancillaries ( ) Amtek Auto Amtek Auto - (460.17) Apollo Tyre Apollo Tyre - (651.65) Motherson Sumi Systems Motherson Sumi Systems - (36.27) MRF MRF - (244.05) Banks ( ) Allahabad Bank Allahabad Bank - (428.77) Andhra Bank Andhra Bank - (538.43) AXIS Bank AXIS Bank - ( ) Bank of India Bank of India - (133.93) Canara Bank Canara Bank - (77.74) Federal Bank Federal Bank - (397.80) HDFC Bank HDFC Bank - ( ) ICICI Bank ICICI Bank - ( ) IDBI Bank IDBI Bank - (85.74) Indian Overseas Bank Indian Overseas Bank - (222.70) IndusInd Bank IndusInd Bank - ( ) Punjab National Bank Punjab National Bank - ( ) State Bank Of India State Bank Of India - ( ) Syndicate Bank Syndicate Bank - ( ) The Karnataka Bank The Karnataka Bank - ( ) Union Bank Union Bank - (113.65) Yes Bank Yes Bank - ( )

7 Cement ( ) ACC ACC - ( ) Ambuja Cements Ambuja Cements - (423.23) Century Textiles & Industries Century Textiles & Industries - (385.41) Grasim Industries Grasim Industries - ( ) Ultratech Cement Ultratech Cement - (774.60) Chemicals ( ) Tata Chemicals Tata Chemicals - ( ) Construction ( ) Indiabulls Real Estate Indiabulls Real Estate - ( ) Jaiprakash Associates Jaiprakash Associates - ( ) Unitech Unitech - (708.56) Construction Project ( ) Larsen & Toubro Larsen & Toubro - ( ) Consumer Durables ( ) Titan Company Titan Company - ( ) Consumer Non Durables ( ) Asian Paints Asian Paints - ( ) Bata India Bata India - (406.70) Hindustan Unilever Hindustan Unilever - (276.54) ITC ITC - ( ) Tata Global Beverages Tata Global Beverages - ( ) Ferrous Metals ( ) Jindal Steel & Power Jindal Steel & Power - ( ) JSW Steel JSW Steel - ( ) Tata Iron & Steel Co Tata Iron & Steel Co - (703.84) Finance ( ) Housing Development Finance Corporation Housing Development Finance ( ) Corporation - IDFC IDFC - ( ) IFCI IFCI - ( ) Indiabulls Housing Finance Indiabulls Housing Finance - (168.54) LIC Housing Finance LIC Housing Finance - ( ) Power Finance Corporation Power Finance Corporation - (568.84) Reliance Capital Reliance Capital - (235.46) SKS Microfinance SKS Microfinance - ( ) Industrial Products ( ) Bharat Forge Bharat Forge - ( ) Jain Irrigation Systems Jain Irrigation Systems - (442.51) Media & Entertainment (238.97) Sun TV Sun TV - (235.53) Zee Entertainment Enterprises Zee Entertainment Enterprises (3.44) - Mineral/Mining ( ) Coal India Coal India - ( ) Sesa Sterlite Sesa Sterlite - ( ) Non Ferrous Metals ( ) Hindalco Industries Hindalco Industries - ( ) Oil (215.05) Cairn India Cairn India - (215.05) Pesticides (205.09) UPL UPL - (205.09) Petroleum Products ( ) Hindustan Petroleum Corporation Hindustan Petroleum ( ) Corporation - Reliance Industries Reliance Industries - ( ) Pharmaceuticals ( ) Aurobindo Pharma Aurobindo Pharma - ( ) Dr Reddy's Laboratories Dr Reddy's Laboratories - (118.75) Glenmark Pharmaceuticals Limited Glenmark Pharmaceuticals (221.30) Limited - Strides Arcolab Strides Arcolab - ( ) Wockhardt Wockhardt - ( ) Power ( ) Adani Power Adani Power - (437.92) Jaiprakash Power Ventures Jaiprakash Power Ventures - (94.70) NTPC NTPC - (668.06) Power Grid Corp of India Power Grid Corp of India - ( ) PTC India PTC India - (25.90) Reliance Infrastructure Reliance Infrastructure - (551.16) Reliance Power Details as on March 31, 2015 Reliance Power - (576.33) Tata Power Company Tata Power Company - ( ) Software ( ) Hexaware Technologies Hexaware Technologies - (983.42) Infosys Infosys - ( ) Tata Consultancy Services Tata Consultancy Services - ( ) Wipro Wipro - (774.20) Telecom-Services ( ) Bharti Airtel Bharti Airtel - (395.50) Reliance Communications Reliance Communications - ( ) Tata Communications Tata Communications - (691.94) Textile Products (778.21) Arvind Arvind - (778.21) Transportation (666.61) Mundra Port and Special Economic Zone Mundra Port and Special Economic Zone - (666.61) Total Equity Holdings ( ) Issuer ASSET allocation by sector Kindly Refer Page No. 9 Market Value (` In Lacs) % to NAV Rating CERTIFICATE OF DEPOSITS Andhra Bank CARE A1+ Bank of Baroda ICRA A1+ Canara Bank CRISIL A1+ COMMERCIAL PAPER Export Import Bank of India CRISIL A1+ Tata Capital Financial Services ICRA A1+ Fixed Deposit Margin HDFC Bank IndusInd Bank Total Debt Holdings CBLO & Others* Total Assets 308, Note: Nifty that are sold is a complete hedge against the purchase of Nifty Basket. Banks Finance Auto Pharmaceuticals Petroleum Products Consumer Non Durables Cement Construction Project Software Ferrous Metals Power Consumer Durables Construction Industrial Products Chemicals Mineral/Mining Telecom Services- Non Ferrous Metals Auto Ancillaries Textile Products Transportation Media & Entertainment Oil Pesticides Total Equity: 65.10% 4.35% 4.27% 3.20% 2.91% 2.78% 2.68% 2.55% 2.53% 1.46% 1.02% 0.99% 0.97% 0.96% 0.84% 0.61% 0.45% 0.25% 0.21% 0.08% 0.07% 0.07% 6.31% 8.82% 16.72% Although classified under Equity category, Risk ratios are not calculated for JM Arbitrage Advantage Fund as the scheme is benchmarked to CLFI. 5

8 JM High Liquidity Fund (An Open - Ended Liquid ) Investment Objective Fund Manager : To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in debt and money market instruments. : Shalini Tibrewala (Managing this fund since December, 1997 & over 14 years of experience in fund management & financial services sector). : Growth Option: 31st December, 1997 Weekly Dividend Option: 31st December, 1997 Daily Dividend Option: 2nd July, 2001 Quarterly Dividend Option.: 23rd Sept, 2003 Bonus Option: 17th August, 2002 Institutional Plan - Growth: 4th April, 2003 Institutional Plan - WDO: 4th April, 2003 Institutional Plan - DDO: 28th July, 2003 Super Institutional Plan - Growth:19th May, 2004 Super Institutional Plan - DDO:19th May, 2004 Super Institutional Plan - WDO: 19th May, 2004 : Growth Option: Weekly Dividend Option: Daily Dividend Option: Bonus Option: Quarterly Dividend Option: (Direct) Growth Option: (Direct) Weekly Dividend Option: (Direct) Daily Dividend Option: (Direct) Bonus Option: (Direct) Quarterly Dividend Option: Institutional Plan: Daily Dividend Option: Super Institutional Plan: Growth Option: CORPUS : Qtly - AAUM (`) : Crores (Jan 15 - Mar 15) Money Market Instruments Certificate of Deposits Axis Bank 2.88 CRISIL A1+ Bank of India 2.86 CRISIL A1+ Bank of Maharashtra 2.86 CRISIL A1+ Canara Bank 7.14 CRISIL A1+ Corporation Bank 5.73 CRISIL A1+ Dena Bank 5.75 CRISIL A1+ ICICI Bank 2.88 ICRA A1+ IDBI Bank 2.87 CRISIL A1+ Oriental Bank of Commerce 5.74 CRISIL A1+ Punjab & Sind Bank 8.57 ICRA A1+ South Indian Bank 1.43 CARE A1+ Standard Chartered Bank 1.43 CRISIL A1+ UCO Bank 2.90 CRISIL A1+ Union Bank of India 2.87 CRISIL A1+ Vijaya Bank 4.29 CARE A1+ Commercial Paper Deepak Fertilisers & Petrochemical Corporation 5.17 CARE A1+ Edelweiss Commodities Services 1.72 CRISIL A1+ Export Import Bank of India 5.86 CRISIL A1+ National Fertilizers 3.44 CRISIL A1+ Reliance Infrastructure 6.18 IND A1+ Religare Comtrade 4.24 ICRA A1+ Religare Securities 2.84 ICRA A1+ Treasury Bills Day T-Bill 0.29 GOI SOV Total Debt Holdings CBLO & Others* ASSET allocation Money Market Instruments CBLO & Others* Treasury Bills Kindly Refer Page No. 10 statistics Current Yield 8.73% Duration years Average Maturity years JM Money Manager Fund - Regular Plan (An Open - Ended Debt ) Investment Objective : To generate stable long term returns with low risk strategy and capital appreciation/accretion through s in debt instruments and related securities besides preservation of capital. Fund Manager : Vikas Agrawal (Managing this fund since July, 2011 & has total 10 years of experience in fixed income market). : Regular Plan - Growth: 27th Sept, 2006 Regular Plan - DDO: 27th Sept, 2006 Regular Plan - WDO: 26th July, 2007 Regular Plan - FDO: 26th Sept, 2008 Regular Plan - Bonus: 18th March, 2013 CORPUS (Jan 15 - Mar 15) 10.06% 0.29% 89.65% : Growth Option: Daily Dividend Option: Weekly Dividend Option: Fortnightly Dividend Option: Bonus Option: (Direct)-Growth Option: (Direct)-Daily Dividend Option: (Direct)-Weekly Dividend Option: (Direct)-Fortnightly Dividend Option: (Direct)-Bonus Option: : Qtly - AAUM (`) : Crores ASSET allocation Kindly Refer Page No. 10 Details as on March 31, 2015 Money Market Instruments Certificate of Deposits Andhra Bank 4.87 CARE A1+ Canara Bank CRISIL A1+ Corporation Bank CRISIL A1+ Commercial Paper Housing Development Finance Corporation ICRA A1+ Infrastructure Leasing & Financial Services IND A1+ Total Debt Holdings CBLO & Others* (2.69) Money Market Instruments CBLO & Others* statistics Current Yield 8.41% Duration years Average Maturity years JM Money Manager Fund - Super Plan (An Open - Ended Debt ) Investment Objective Fund Manager : To generate stable long term returns with low risk strategy and capital appreciation/ accretion through s in debt instruments and related securities besides preservation of capital. : Vikas Agrawal (Managing this fund since July, 2011 & has total 10 years of experience in fixed income market). : Super Plan - Growth: 27th Sept, 2006 Super Plan - DDO: 27th Sept, 2006 Super Plan - WDO: 12th October, 2007 Super Plan - FDO: 2nd April, 2008 Super Plan - Bonus: 18th March, 2013 CORPUS (Jan 15 - Mar 15) (2.69%) ASSET allocation Money Market Instruments CBLO & Others* % : Growth Option: Daily Dividend Option: Weekly Dividend Option: Fortnightly Dividend Option: Bonus Option: (Direct)-Growth Option: (Direct)-Daily Dividend Option: (Direct)-Weekly Dividend Option: (Direct)-Fortnightly Dividend Option: (Direct)-Bonus Option: : Qtly - AAUM (`) : Crores 0.22% 99.78% 6

9 Money Market Instruments Certificate of Deposits Axis Bank CRISIL A1+ Bank of Maharashtra CRISIL A1+ Canara Bank CRISIL A1+ Punjab & Sind Bank ICRA A1+ Commercial Paper Housing Development Finance Corporation $ ICRA A1+ Tata Capital Financial Services ICRA A1+ Total Debt Holdings CBLO & Others* 0.22 $ increase over 30% on account of market movements/change in net asset of the scheme. Kindly Refer Page No. 10 statistics Current Yield 8.33% Duration years Average Maturity years JM Money Manager Fund - Super Plus Plan (An Open - Ended Debt ) Investment : To generate stable long term returns with low risk Objective strategy and capital appreciation/accretion through s in debt instruments and related securities besides preservation of capital. Fund Manager : Vikas Agrawal (Managing this fund since September 24, 2014 & has total 10 years of experience in fixed income market). : Super Plus Plan - Growth: 27th Sept, 2006 Super Plus Plan - DDO: 27th Sept, 2006 Super Plus Plan - WDO: 16th July, 2007 Super Plus Plan - FDO: 12th July, 2007 Super Plus Plan - Bonus: 18th March, 2013 CORPUS (Jan 15 - Mar 15) : Growth Option: Daily Dividend Option: Weekly Dividend Option: Fortnightly Dividend Option: Bonus Option: (Direct)-Growth Option: (Direct)-Daily Dividend Option: (Direct)-Weekly Dividend Option: (Direct)-Fortnightly Dividend Option: (Direct)-Bonus Option: : Qtly - AAUM (`) : Crores Money Market Instruments Certificate of Deposits Andhra Bank 5.47 CARE A1+ Canara Bank CRISIL A1+ Corporation Bank CRISIL A1+ IDBI Bank 6.85 CRISIL A1+ Indian Bank 2.28 IND A1+ ING Vysya Bank 9.34 CRISIL A1+ Punjab & Sind Bank 9.11 ICRA A1+ Punjab National Bank 9.13 CARE A1+ Commercial Paper EID Parry (India) 4.83 CRISIL A1+ Housing Development Finance Corporation 9.18 ICRA A1+ Infrastructure Leasing & Financial Services 4.67 IND A1+ Power Finance Corporation 2.41 ICRA A1+ Tata Capital Financial Services 4.67 ICRA A1+ Corporate Debt 3.70 LIC Housing Finance 0.99 CRISIL AAA Power Grid Corporation 0.20 CRISIL AAA Rural Electrification Corporation 2.02 CRISIL AAA Steel Authority of India 0.49 CARE AAA Treasury Bills Day T-Bill 0.49 GOI SOV Total Debt Holdings CBLO & Others* 2.20 ASSET allocation Money Market Instruments Corporate Debt CBLO & Others* Treasury Bills Kindly Refer Page No. 10 statistics Current Yield 8.33% Duration years Average Maturity years JM Floater Long Term Fund (An Open-Ended Income ) Investment Objective : To provide regular income and capital appreciation through in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and also fixed rate instruments and money market instruments. Fund Manager : Shalini Tibrewala (Managing this fund since March, 2006 & has over 14 years of experience in fund management & financial services sector). : Growth : 25th June, 2003 Dividend : 25th June, 2003 Daily Dividend Option: 22nd May, 2007 Weekly Dividend Option: 22nd May, 2007 Bonus: 18th March, 2013 Premium Plan - Growth: 13th October, 2004 Premium Plan - Dividend: 13th October, 2004 Premium Plan - DDO: 15th May, 2007 Premium Plan - WDO: 18th May, 2007 CORPUS (Jan 15 - Mar 15) 2.20% 0.49% 3.70% : Growth Option: Dividend Option: Daily Dividend Option: Wkly Dividend Option: Bonus Option: Half Yearly Bonus Option: Monthly Dividend Option: (Direct) Growth Option: (Direct) Dividend Option: (Direct) Daily Dividend Option: (Direct) Wkly Dividend Option: (Direct) Bonus Option: (Direct) Half Yearly Bonus Option: (Direct) Monthly Dividend Option: Premium Plan - Growth Option: Dividend Option: Daily Dividend Option: Wkly Dividend Option: : Qtly - AAUM (`) : Crores 93.61% ASSET allocation Details as on March 31, 2015 Money Market Instruments Certificate of Deposits IDBI Bank 0.84 CRISIL A1+ IndusInd Bank 0.85 CRISIL A1+ Commercial Paper Deepak Fertilisers & Petrochemical Corporation 8.45 CARE A1+ IL & FS Transportation Networks CARE A1 National Fertilizers CRISIL A1+ Reliance Infrastructure IND A1+ Religare Securities ICRA A1+ Total Debt Holdings CBLO & Others* 0.80 Money Market Instruments CBLO & Others* Kindly Refer Page No. 10 statistics Current Yield 9.73% Duration years Average Maturity years JM Floater Short Term Fund (An Open-Ended Liquid ) Investment Objective Fund Manager : To provide regular income and capital appreciation through in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and also fixed rate instruments and money market instruments. : Shalini Tibrewala (Managing this fund since September, 2006 & over 14 years of experience in fund management & financial services sector). : Growth: 25th June, 2003 Daily Dividend Option: 25th June, 2003 Bonus: 18th March, 2013 CORPUS (Jan 15 - Mar 15) 0.80% 99.20% : Growth Option : Daily Dividend Option : Bonus Option : Half Yearly Bonus Option : Monthly Dividend Option: (Direct) Growth Option : (Direct) Daily Dividend Option : (Direct) Bonus Option : (Direct) Half Yearly Bonus Option : (Direct) Monthly Dividend Option: : Qtly - AAUM (`) : Crores Money Market Instruments Certificate of Deposits Bank of Maharashtra 3.89 CRISIL A1+ IDBI Bank CRISIL A1+ IndusInd Bank CRISIL A1+ Total Debt Holdings CBLO & Others* ASSET allocation CBLO & Others* Money Market Instruments 45.19% 54.81% 7

10 Kindly Refer Page No. 10 statistics Current Yield 8.67% Duration Years Avg. Maturity Years JM Short Term Fund (An Open-Ended Income ) Investment Objective Fund Manager : To generate regular returns and high level of liquidity with low risk strategy and capital appreciation / accretion through in debt instruments and related securities besides preservation of capital. : Vikas Agrawal (Managing this fund since August 8, 2014 & has total 10 years of experience in fixed income market). : Regular Plan - Growth: 24th June, 2002 Regular Plan - Dividend: 24th June, 2002 Regular Plan - DDO: 31st March, 2011 Growth: 4th April, 2003 Dividend: 4th April, 2003 Daily Dividend Option: 6th April, 2011 CORPUS (Jan 15 - Mar 15) ASSET allocation : Growth Option: Dividend Option: Daily Dividend Option: (Direct)-Growth Option: (Direct)-Dividend Option: (Direct)-Daily Dividend Option: Regular-Growth Option: Regular-Dividend Option: Regular-Daily Dividend Option: : Qtly - AAUM (`) : Crores Money Market Instruments Certificate of Deposits Andhra Bank CARE A1+ Bank of Maharashtra 2.08 CRISIL A1+ Central Bank of India 0.40 CRISIL A1+ Indian Bank 2.08 IND A1+ IndusInd Bank 2.08 CRISIL A1+ Government Securities % GOI GOI SOV 8.60% GOI GOI SOV 9.23% GOI GOI SOV Corporate Debt LIC Housing Finance 8.15 CRISIL AAA Power Finance Corporation 8.27 CRISIL AAA Power Grid Corporation CRISIL AAA Total Debt Holdings CBLO & Others* 8.33 Government Securities Corporate Debt 30.94% Money Market Instruments 21.49% CBLO & Others* 8.33% 39.24% Kindly Refer Page No. 9 statistics Current Yield 8.50% Duration Years Avg. Maturity Years JM Income Fund (An Open-Ended Income ) Investment Objective Fund Manager : To generate stable long term returns with low risk strategy and capital appreciation / accretion through in debt instruments and related securities besides preservation of capital. : Vikas Agrawal (Managing this fund since August 8, 2014 & has total 10 years of experience in fixed income market). : Growth Option: 1st April, 1995 Quarterly Dividend Option: 1st April, 1995 Bonus Option: 18th March, 2002 : Growth Option : Quarterly Dividend Option : Bonus Option : (Direct)-Growth Option : (Direct)-Quarterly Dividend Option: (Direct)-Bonus Option : CORPUS (Jan 15 - Mar 15) : Qtly - AAUM (`) : Crores Government Securities % GOI GOI SOV 8.24% GOI GOI SOV 9.23% GOI GOI SOV Corporate Debt Power Grid Corporation CRISIL AAA Total Debt Holdings CBLO & Others* 4.12 ASSET allocation Government Securities Corporate Debt CBLO & Others* 4.12% 15.24% Kindly Refer Page No % statistics Current Yield 7.99% Duration Years Avg. Maturity Years ASSET allocation Details as on March 31, 2015 JM G-Sec Fund (An Open-Ended Dedicated Gilt ) Investment Objective : To provide ultimate level of safety to its unitholders through s in sovereign securities issued by the Central and State Government. Fund Manager : Vikas Agrawal (Managing this fund since August 8, 2014 & has total 10 years of experience in fixed income market). : Growth Option : 29th September, 1999 Quarterly Dividend Option : 29th September, 1999 Bonus Option : 30th November, 2002 : Growth Option : Quarterly Dividend Option : Bonus Option : (Direct)-Growth Option : (Direct)-Quarterly Dividend Option: (Direct)-Bonus Option : CORPUS : Qtly - AAUM (`) : Crores (Jan 15 - Mar 15) Government Securities % GOI GOI SOV 8.24% GOI GOI SOV 8.60% GOI GOI SOV 9.23% GOI GOI SOV Total Debt Holdings CBLO & Others* 6.29 Government Securities CBLO & Others* 6.29% Kindly Refer Page No % statistics Current Yield 7.98% Duration Years Avg. Maturity Years (*) Others may include net receivables / payables, cash, cash equivalents, stocks in transition and other instruments such as warrants, convertibles etc. 8

11 ANNEXURE FOR RETURNS OF ALL THE SCHEMES Performance as on March 31, 2015 Name March 31, 2014 to March 31, 2015 March 31, 2013 to March 31, 2014 March 31, 2012 to March 31, 2013 Details as on March 31, 2015 Since inception till March 31, 2015 (CAGR) Inception Equity s Funds Managed by Sanjay Chhabaria JM Balanced Fund Apr-95 Bench Mark Crisil Balanced Fund Index N A N A Crisil 1 Year T Bill* S & P Nifty Index* JM Multi Strategy Fund Sep-08 Bench Mark BSE S & P Nifty Index* Funds Managed by Asit Bhandarkar JM Basic Fund June-97 Bench Mark BSE 200 Index S & P Nifty Index* Funds jointly managed by Chaitanya Choksi and Sanjay Chhabaria JM Equity Fund Apr-95 Bench Mark BSE Sensex S & P Nifty Index* JM Tax Gain Fund Mar-08 Bench Mark BSE S & P Nifty Index* Funds jointly managed by Chaitanya Choksi and Asit Bhandarkar JM Core 11 Fund (0.38) 5871 (7.25) 5-Mar-08 Bench Mark BSE Sensex S & P Nifty Index* Funds jointly managed by Chaitanya Choksi, Asit Bhandarkar and Sanjay Chhabaria JM Arbitrage Advantage Fund July-06 Bench Mark Crisil Liquid Fund Index S & P Nifty Index # # performance may not be strictly comparable with that of its Additional Benchmark since the scheme does not take directional call in equity markets but is limited to availing arbitrage opportunities, etc. Performance as on March 31, 2015 Name March 31, 2014 to March 31, 2015 March 31, 2013 to March 31, 2014 March 31, 2012 to March 31, 2013 Since inception till March 31, 2015 (CAGR) Inception Date@ Debt s Funds Managed by Vikas Agrawal JM Gsec Fund Sep-99 Bench Mark I Sec Composite Index N A N A Crisil 10 Year G Sec Paper* (1.01) N A N A JM Income Fund Apr-95 Bench Mark Crisil Composite Bond Fund Index N A N A Crisil 10 Year G Sec Paper* (1.01) N A N A JM Short Term Fund June-02 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill*

12 ANNEXURE FOR RETURNS OF ALL THE SCHEMES Details as on March 31, 2015 Name March 31, 2014 to March 31, 2015 March 31, 2013 to March 31, 2014 March 31, 2012 to March 31, 2013 Since inception till March 31, 2015 (CAGR) Inception JM Money Manager Fund Regular Plan Sep-06 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill* JM Money Manager Fund Super Plan Sep-06 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill* JM Money Manager Fund Super Plus Plan Sep-06 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill* Funds Managed by Shalini Tibrewala JM Floater Long Term Fund June-03 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill* JM MIP Fund Sep-03 Bench Mark Crisil MIP Blended Index S & P Nifty Index* Crisil 1 Year T Bill* Performance for Liquid s Name March 31, 2014 to March 31, 2015 March 31, 2013 to March 31, 2014 March 31, 2012 to March 31, 2013 Since inception till March 31, 2015 (CAGR) Inception Date@ Funds Managed by Shalini Tibrewala JM High Liquidity Fund Dec-97 Bench Mark Crisil Liquid Fund Index N A N A Crisil 1 Year T Bill* JM Floater Short Term Fund June-03 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill* Performance for Liquid s Simple Annualised Name 7 Days 15 Days 1 mth 3 mths 6 mths Inception Date@ Funds Managed by Shalini Tibrewala JM High Liquidity Fund Dec-97 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill* JM Floater Short Term Fund June-03 Bench Mark Crisil Liquid Fund Index Crisil 1 Year T Bill* *Additional Inception Date is considered as the date of first time allotment of units. Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other. Absolute returns are computed on s of `10,000. are computed on Compounded Annual Growth Rate (CAGR) basis. Load is not considered for computation of returns. Growth Option has been considered for calculating the performance of the above mentioned schemes. Mutual Fund s are subject to market risks, read all scheme related documents carefully. 10

13 Details as on March 31, 2015 DIVIDEND/BONUS HISTORY (for past 3 years) JM Equity Fund Financial Year Record Date Dividend (` per unit) FY NIL - FY NIL - FY NIL - The face value per unit is ` 10/-. JM Basic Fund Financial Year Record Date Dividend (` per unit) FY NIL - FY NIL - FY NIL - The face value per unit is ` 10/- JM Balanced Fund Financial Year Record Date Dividend (` per unit) Dividend FY Mar Jan Jan-15 (Direct) - FY NIL - FY NIL - The face value per unit is `10/-. JM Multi Strategy Fund Financial Year Record Date Dividend (` per unit) Dividend FY NIL - FY NIL - FY NIL - The face value per unit is ` 10/-. JM Tax Gain Fund Financial Year Record Date Dividend (` per unit) Dividend FY NIL - FY NIL - FY NIL - The face value per unit is ` 10/-. JM Core 11 Fund Financial Year Record Date Dividend (` per unit) Dividend FY NIL - FY NIL - FY NIL - The face value per unit is ` 10/-. JM MIP Fund JM MIP Fund - Dividend Option - Monthly Dividend Financial Year Record Date Dividend (` per unit) FY $ 2-March March-15 (Direct) February February-15 (Direct) January January-15 (Direct) December December-14 (Direct) November November-14 (Direct) October October-14 (Direct) September September-14 (Direct) August August-14 (Direct) July July-14 (Direct) June June-14 (Direct) May May-14 (Direct) April April-14 (Direct) FY $ 3-Mar Mar-14 (Direct) Feb Feb-14 (Direct) Jan Jan-14 (Direct) Dec Dec-13 (Direct) Nov Nov-13 (Direct) Oct Oct-13 (Direct) Sept Sept-13 (Direct) August August-13 (Direct) July July-13 (Direct) Jun Jun-13 (Direct) May May-13 (Direct) April Apr-13 (Direct) FY $ 1-Mar Mar-13 (Direct) Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr JM MIP Fund - Dividend Option - Quarterly Dividend Financial Year Record Date Dividend (` per unit) FY $ - - FY $ - - FY $ - - JM MIP Fund - Dividend Option - Annual Dividend Financial Year Record Date Dividend (` per unit) FY $ NIL - FY $ NIL - FY $ NIL - taxes wherever applicable. Past performance may or may not be sustained in future. The face value per unit is ` 10/-. $ Includes Dividend Distribution Tax. JM Arbitrage Advantage Fund Financial Year Record Date Dividend (` per unit) Dividend FY nd and 18th March nd and 18th March 15 (Direct) January January-15 (Direct) December December-14 (Direct) November November-14 (Direct) October October-14 (Direct) September September-14 (Direct) August August-14 (Direct) July July-14 (Direct) June June-14 (Direct) May May-14 (Direct) April April-14 (Direct) FY Mar Mar-14 (Direct) Jan Jan-14 (Direct) Sept Sept-13 (Direct) Jun Jun-13 (Direct) FY Mar Mar-13 (Direct) Jan Sep Jun The face value per unit is `10/- JM High Liquidity Fund Financial Dividend FYTD* Plan Year (` per unit) FY $ Weekly Dividend Option (Direct)-Weekly Dividend Option Daily Dividend Option (Direct)-Daily Dividend Option Inst. Plan - Daily Dividend option FY $ Weekly Dividend Option (Direct)-Weekly Dividend Option Daily Dividend Option (Direct)-Daily Dividend Option Quarterly Dividend Option - Inst. Plan - Weekly Dividend option Inst. Plan - Daily Dividend option Super Inst. Plan - Weekly Div. option FY $ Weekly Dividend Option (Direct)-Weekly Dividend Option Daily Dividend Option (Direct)-Daily Dividend Option Quarterly Dividend Option - Inst. Plan - Weekly Dividend option Inst. Plan - Daily Dividend option Super Inst. Plan - Weekly Div. option Super Inst. Plan - Daily Div. option The face value per unit is `10/-. $ Includes Dividend Distribution Tax JM Money Manager Fund Financial Year Plan Dividend FYTD* (` per unit) FY $ Regular Plan - Daily Dividend option Regular Plan (Direct)-Daily Dividend option Regular Plan - Weekly Dividend option Regular Plan (Direct) Weekly Dividend option Regular Plan - Fortnightly Dividend option Regular Plan (Direct)-Fortnightly Dividend option Super Plan - Daily Dividend option Super Plan (Direct)-Daily Dividend option Super Plan - Weekly Dividend option Super Plan (Direct) Weekly Dividend option Super Plan - Fortnightly Dividend option Super Plan (Direct) Fortnightly Dividend option Super Plus Plan - Daily Dividend option Super Plus Plan (Direct)-Daily Dividend option Super Plus Plan - Weekly Dividend option Super Plus Plan (Direct) Weekly Dividend option Super Plus Plan - Fortnightly Dividend option Super Plus Plan (Direct)-Fortnightly Dividend option FY $ Regular Plan - Daily Dividend option Regular Plan (Direct)-Daily Dividend option Regular Plan - Weekly Dividend option Regular Plan (Direct) Weekly Dividend option Regular Plan - Fortnightly Dividend option Regular Plan (Direct)-Fortnightly Dividend option Super Plan - Daily Dividend option Super Plan (Direct)-Daily Dividend option