Scan QR Code with your mobile and learn more. If you don t have the QR reader, simply download one of the many free applications available for your handset!!! Factsheet May 2013 Time to move with new age thinking! * * The statement Time to move with new age thinking is to convey the ability of an investor to automatically enter various schemes at pre-defined market levels. Prepaid SIP A New Age Investment Plan For more information, please refer page 2 Mutual investments are subject to market risks, read all scheme related documents carefully.
Prepaid SIP A New Age Investment Plan Under regular SIP you invest on a fixed basis either on a daily, weekly, monthly or quarterly basis, at the market levels prevailing on that date. Whereas.. Under our Prepaid SIP you won t miss an opportunity to enter the market whenever it falls beyond a certain predefined limit. i.e. you are able to get timing into your investment Only Prepaid SIP helps you get the benefits of both time & timing How Does Prepaid SIP work? Step 1 Initial investment in Absolute Return (Growth Option) / Ultra Short Term Bond (Growth Option) / Liquid (Growth Option) Decide on your investment amount: `10,000 `25,000 `50,000 `1,00,000 `2,50,000 Step 2 Step 3 Switch will be triggered each time NIFTY falls by 1%, 2% or 3% from the previous days NIFTY closure. Choose any one of these trigger points. On trigger getting activated, 10% of initial investment amount will be switched to the designated scheme of Mutual, as decided by you. Step 4 Step 5 Designated Equity Schemes to choose from: 1. Select Midcap 2. Diversified Growth Equity Top 100 (E.D.G.E. Top 100) 3. ELSS. 4. Absolute Return * *Switch from Absolute Return (being a Source Scheme) to Absolute Return (being a designated Target Scheme) is not available. Mutual investments are subject to market risks, read all scheme related documents carefully.
Index Markets & Beyond Equity Market Outlook Debt Market Outlook PAGE NO. 4 5 Equity s Absolute Return * An Open-ended Equity Scheme (*The Scheme is an equity-oriented Scheme. Investors in the Scheme are not being offered any guaranteed / assured returns) Diversified Growth Equity Top 100 (E.D.G.E. Top 100) An Open-ended Equity Scheme ELSS An Open-ended Equity Linked Savings Scheme Select Midcap An Open-ended Equity Scheme Equity Enhancer An Open-ended Equity Scheme PAGE NO. 6 7 9 10 12 Fixed Income s Liquid An Open-ended Liquid Scheme Ultra Short Term Bond An Open-ended Debt Scheme Short Term Income An Open-ended Income Scheme Gilt An Open-ended Gilt Scheme Monthly Income Plan An Open-ended Income Scheme Monthly income is not assured and is subject to availability of distributable surplus. PAGE NO. 13 14 15 16 17 3
Markets & Beyond EQUITY MARKET OUTLOOK WHAT WE SAID LAST TIME With monetary policy action behind us, we still have few more results to go for the season, post which we will know the state of earnings revision cycle. Also GDP numbers for the year will be released at the end of the month. That is likely to impact sentiment going forward. Political uncertainty and governance issues are already making it difficult for the Government to implement any reforms and are worsening the cautious investor sentiment. Additionally the ongoing border issues are likely to keep FIIs cautious on the market. With the concerns over methodology and timelines of winding up of Fed's monetary stimulus, a risk off cannot be ruled out. Euro zone continues to be a cause of concern. We expect the range for the month to be between - 5500/5650 to 5850/6000 for the coming month, barring tail event. WHAT HAPPENED? Markets were volatile in the month of May, starting below 6000, breaking the 5500-6100 range temporarily on the upside and falling back to 5950. The surge in the first half happened on account of lower than expected inflation data. The fall in the second half was led predominantly by risk off trade in the Japanese markets. RBI governor's hawkish statement towards the end of month led to a deeper cut in interest rate sensitive sectors. However, the action in the currency market was the biggest cause for concern, with the rupee falling from 53.81 to 56.51 against the US dollar. Results for FY13 were slightly ahead of expectations on the profitability front. This was due to autos and metal sector benefitting from lower raw material costs. Discretionary consumption in the economy continued to slow down while consumer staples sector continues to do well on the top line. PSU Banks, Infrastructure and Realty continue to languish. Private banks and financial companies have done considerably better. Growth of the Indian economy, consistent with expectations, hit a decade low of 5% in 2012-13. Growth in Q4 of 2012-13 rose marginally to 4.8% Y-o-Y. April WPI inflation dropped to 4.89% YoY vs. 5.96% in March. CPI surprised on the downside at 9.39% YoY vs. an expectation of 9.74% and an earlier reading of 10.39%. The US economy grew at an annualized rate of 2.4% in the first three months of the year compared to the 0.4% annualized rate recorded in the last quarter of 2012. U.S. consumer sentiment rose to its highest in nearly six years in May while business activity picked up in May after contracting in April. However, concerns over US Federal Reserve scaling back its current bond buying program have gained ground post the Fed's presentation in May. China's economic growth continued to slide with PMI for May dropping to 49.2, the lowest level since October 2012, as domestic and overseas demand fell. Unemployment in Eurozone rose to 12.2 % in April (highest since 1995). However, Euro zone's manufacturing PMI surprisingly rose to 48.3. OUTLOOK FOR THE COMING MONTH As we begin June, markets are in a narrow range of 5800 6100. Markets are facing headwinds in terms of failing growth, falling currency and a hawkish RBI. Growth recovery is likely to be narrow and very gradual. Additionally, valuation dispersion among stocks is extremely high, increasing risks of significant correction. Rupee seems to be in a strong downtrend even with FII's pouring in 3.5 billion in the previous month. This is likely to affect inflation via crude imports. On the monetary front RBI governor's hawkish statement has played spoilsport to rate cut expectations. Globally the scenario has turned slightly risk averse after strong momentum in the last six months. Growth slowdown in emerging economies, talks of QE tapering in the US and side effects of Japanese QE are likely to dominate the month ahead for global markets. We stick to the range - 5500/5650 to 5850/6100 for the coming month, barring tail event. MACRO-ECONOMIC INDICATORS March IIP was stronger at 2.5% YoY vs 0.6% YoY in February April WPI inflation dropped to 4.89% YoY vs. 5.96% in March Repo rate was lowered to 7.25% while CRR was kept flat at 4.00% in the month of May April exports rose by 1.7% YoY while imports rose by alarming 11.0% YoY, raising CAD concerns MARKET ACTIVITY AND VALUATION Performance of Nifty Sectors: Performance of Size Indices: Flows: Rs. (Cr.) Top Performers Bottom Performers Index Nifty Nifty Junior CNX Midcap 30,000 25,000 20,000 15,000 10,000 5,000 0-5,000 May-12 Pharma (17.1%) Consumer Goods (16.5%) Construction (-14.8%) Metals (-23.5%) Jun-12 CYTD 2013 Jul-12 CYTD 2013 Aug-12 1.4% -0.2% -8.0% Sept-12 FII Flows Oct-12 Valuation and earnings estimates: May 2013 IT (7.7%) Industrial Manufacturing (4.0%) Telecom (-5.3%) Construction (-8.8%) May 2013 0.9% 2.2% 0.0% CNX Nifty Index is currently trading at 13.5X/14.0X forward 1Y PE multiple which is slightly below its long term average. Midcaps are trading at a significant valuation discount to the large caps keeping in the line with the uncertainty surrounding economic growth. Nov-12 Source: Bloomberg, SEBI, Internal research as of June 4, 2013 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 4
Markets & Beyond DEBT MARKET OUTLOOK WHAT WE SAID LAST TIME All eyes will be on the RBI monetary policy to be held next month whether RBI will cut Repo or no after cutting the rates for the consecutive 2 months. Also other macro-economic indicators like IIP numbers, inflation, etc. will be the focused indicators. down to single digit at 9.39% in April after many months, indicating that inflationary expectation is on declining trend. India Government Actives 7.80% 7.70% 7.60% WHAT HAPPENED? The new 10-year benchmark bond that indicates the long-term interest rate trend got a cut-off yield of 7.16%, the lowest in four years and below RBI s current repo rate at 7.25%. The old 10 year benchmark yield closed for the month of May at 7.44 against 7.73 for the month of May down by 29bps on anticipation of RBI reducing rate by 25bps. The liquidity tightening was observed throughout the month as the Liquidity Adjusted Facility (LAF) was around Rs.1000 Bn. Also consistent with the stance of monetary policy and based on the evolving liquidity conditions, the RBI conducted Open Market Operations (OMO s) by purchasing the government securities for an aggregate amount of `10,000 crore to ease the liquidity. In the money market space, 3M segment yield saw a drop of yield from 8.25 at the start of the month to 7.95 and then started inching up to 8.08 levels due to the liquidity crunch in the system. 6M segment yield started with 8.31 and closed to 8.15. 12M segment also saw downward trend and the yields declined from 8.44 to 8.25. The RBI trimmed the repo rate to 7.25%, its lowest since May 2011, and kept the cash reserve ratio (CRR) for banks unchanged at 4%, in line with expectations. RBI said that the balance of risks stemming from its assessment of the growth-inflation dynamic provides little space for further monetary easing. The central bank said that with upside risks to inflation still significant in the near term in view of sectoral demand supply imbalances, ongoing correction in administered prices and pressures stemming from MSP increases, monetary policy cannot afford to lower its guard against the possibility of resurgence of inflation pressures. The RBI said it will endeavour to condition the evolution of inflation to a level of 5% by March 2014, using all instruments at its command. RBI also warned that the risk of rising prices persists despite a recent sharp decline in wholesale price index (WPI) inflation, and said a high current account deficit (CAD) poses the biggest risk "by far" to the Indian economy. India's headline annual rate of inflation, based on the monthly wholesale price index (WPI), dipped further to 4.89% for April 2013 as compared to 5.96% for the previous month and 7.50% in the corresponding month of the previous year, the third straight month that the inflation rate has slowed down and it is its lowest level since November 2009. 7.50% 7.40% 7.30% 7.20% 7.10% 7.00% 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year 30-Apr-13 31-May-13 CREDIT SPREADS We could see a drop in the corporate spread throughout across the yield curve as the rates had dropped on account of the RBI rate cuts also on further easing of rates. India Corporate Spread Curve 1.40% 1.20% 1.00% 0.80% 0.60% 0.40% 0.20% 0.00% 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year 30-Apr-13 31-May-13 OUTLOOK FOR THE COMING MONTH After a sharp decline in the WPI and CPI numbers and also given that the rupee has depreciated against dollar by ~5% in the month, we will look forward if the RBI would ease the rates further in the upcoming policy. Source: Bloomberg, RBI, Internal research as of June 4, 2013 WPI inflation in the manufactured items category declined to 3.41% in April from 4.07% in March. Also, inflation in food articles category, which has a 14.34% share in the WPI basket, came down to 6.08%. Inflation in this category was at 8.73% in March. The easing in food inflation was helped by a sharp drop in prices of vegetables. Inflation in vegetables stood at (-) 9.05% in April, against (-) 0.95% in the previous month. The inflation in fruits declined to 0.71% during the month as compared to 4.71% in March. However, the rate of price rise in onion was high at 91.69% for the month of April, as against inflation rate of 94.85% in the previous month. Inflation for February was revised upwards to 7.28% from 6.84% as per provisional estimates. The retail inflation, as measured by consumer price index, came 5
ABSOLUTE RETURN * (* The Scheme is an equity - oriented Scheme. Investors in the Scheme are not being offered any guaranteed / assured returns.) Mr. Absolute seeks to personify the characteristics of Absolute Return : generate absolute returns with low volatility over a longer tenure of time. FACTSHEET Equity May 2013 INVESTMENT OBJECTIVE The primary objective of the Scheme will be to generate absolute returns with low volatility over a longer tenure of time. The Scheme will accordingly invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivative strategies on the other. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. TOP TEN EQUITY HOLDINGS Name of Instrument Industry % to Net Assets Liberty Phosphate Fertilisers 5.33 ITC Ltd. Consumer Non Durables 5.04 Housing Development Finance Corporation Ltd. Finance 4.36 HDFC Bank Ltd. Banks 4.25 Mahindra & Mahindra Ltd. Auto 3.28 Axis Bank Ltd. Banks 3.28 Tata Consultancy Services Ltd. Software 2.56 Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 2.06 Hindustan Unilever Ltd. Consumer Non Durables 2.05 IndusInd Bank Ltd. Banks 2.03 Notes: Fixed Deposit placed under margin : `200 Lakhs. Total Exposure to derivative instruments (excluding reversed positions) as on 31/05/2013 : `359.27 Lakhs. INDUSTRY ALLOCATION Banks Consumer Non Durables Finance Software Fertilisers Auto Pharmaceuticals Oil Cement Chemicals Pesticides Auto Ancillaries Gas Power Consumer Durables 9.46% 9.14% 5.62% 5.06% 2.18% 1.99% 1.97% 1.17% 1.13% 1.12% 0.99% 0.06% 15.34% 20.42% 24.36% Type of the Scheme An Open-ended Equity Scheme Date of Allotment : August 20, 2009 Manager Manager: Mr. Paul Parampreet Experience: 7 years Managing the Scheme since: February 04, 2010 Entry Load: NIL Exit Load If the Units are redeemed / switched out on or before 365 days from the date of allotment 1.00% If the Units are redeemed / switched out after 365 days from the date of allotment Nil W.e.f. October 1, 2012 the entire exit load is to be credited to the Scheme net of service tax, if any Plan: The Scheme also offers Direct Plan DIVIDEND HISTORY Record Date Option Name NAV on Record Date (`) Amount of Dividend (`) 29/10/2012 Dividend Option 11.06 0.18 per unit 24/01/2013 Dividend Option 11.08 0.18 per unit 26/04/2013 Dividend Option 10.98 0.18 per unit 26/04/2013 Direct Plan - Dividend Option 10.99 0.18 per unit INDICATIVE ASSET ALLOCATION (as per SID) Asset Class Looking to invest in a Scheme that manages market volatility? The solution lies in ARF. Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Indicative allocation (% of total assets) Risk Profile Equity, Equity related instruments & Derivatives 65% 100% Medium to High Debt and Money Market Instruments including Securitized Debts 0% 35% Low to Medium Min. Max. Options: Growth and Dividend option Default Option/Facility Growth Option, Dividend Reinvestment Facility Benchmark: CRISIL MIP Blended Index Ratios as on March 31, 2013 Standard deviation 5.39% Sharpe ratio** -1.30 Portfolio beta 0.35 R squared 0.52 Portfolio Turnover Ratio^ 4.57 times ** Risk Free Rate considered for the above = 7.951% p.a. (8.15% 2022 GOI Bond) Please note: Standard deviation and Sharpe ratio are Annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Total Expense Ratios : Existing Plan: 2.68% Direct Plan: 2.28% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 13.20 Dividend Option 11.22 Direct Plan - Growth Option 13.22 Direct Plan - Dividend Option 11.23 FUND PERFORMANCE AS ON MARCH 28, 2013 Period ARF Plan EDELWEISS ABSOLUTE RETURN FUND ( Crisil Balanced Scheme Benchmark (Crisil MIP Blended Index ) Alternate Benchmark (CNX Nifty) March 30, 2012 - March 28, 2013^ 7.14% 10,714 8.18% 10,818 9.06% 10,906 7.31% 10,731 March 31, 2011 - March 30, 2012^ 5.00% 10,500-3.17% 9,683 5.24% 10,524-9.23% 9,077 March 31, 2010 - March 31, 2011^ 6.77% 10,677 9.37% 10,937 6.17% 10,617 11.14% 11,114 Since Inception (CAGR) 6.62% 12,600 7.37% 12,922 7.22% 12,856 6.99% 12,760 6 Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Note: Mr. Paul Parampreet is the Manager of all Equity Schemes and also a Co - Manager of Monthly Income Plan. For the performance of the same, please refer to the relevant scheme.
DIVERSIFIED GROWTH EQUITY TOP 100 (E.D.G.E. Top 100 ) Edge Master seeks to personify the characteristics of E.D.G.E Top 100 : to convey that it s a large cap focusing on 100 largest listed corporates by market capitalization. FACTSHEET Equity May 2013 INVESTMENT OBJECTIVE An open ended diversified equity Scheme that seeks to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates by market capitalization, listed in India. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. TOP TEN EQUITY HOLDINGS Name of Instrument Industry % to Net Assets ITC Ltd. Consumer Non Durables 4.82 Housing Development Finance Corporation Ltd. Finance 4.23 HDFC Bank Ltd. Banks 4.13 Axis Bank Ltd. Banks 3.53 IndusInd Bank Ltd. Banks 3.47 Tata Consultancy Services Ltd. Software 3.39 Mahindra & Mahindra Ltd. Auto 3.39 HCL Technologies Ltd. Software 3.13 Hindustan Unilever Ltd. Consumer Non Durables 3.06 Lupin Ltd. Pharmaceuticals 2.69 Notes: Fixed Deposit placed under margin : `75 Lakhs. Total Exposure to derivative instruments (excluding reversed positions) as on 31/05/2013 : `206.88 Lakhs. DIVIDEND HISTORY Record Date Plan/ Option NAV on Record Amount of Name Date (`) Dividend (`) 19/07/2011 Dividend option 13.31 1.00 per unit 19/07/2011 Plan C - Div 13.41 1.00 per unit 29/10/2012 Dividend option 13.14 1.00 per unit 30/05/2013 Dividend option 13.59 0.50 per unit INDICATIVE ASSET ALLOCATION (as per SID) INDUSTRY ALLOCATION Banks Consumer Non Durables Finance Software Pharmaceuticals E.D.G.E follows an ABCD investment approach. A = Adaptive Multifactor Approach B = Beat the market endeavor C = Consistent track record D = Diversified Portfolio Auto Cement Chemicals Petroleum Products Pesticides Auto Ancillaries Gas Oil Power Construction Project Transportation Consumer Durables 0.11% 2.17% 1.54% 1.49% 1.46% 1.43% 1.38% 1.27% 0.90% 0.70% 4.24% 3.20% 8.58% 11.99% 15.21% 22.76% 21.59% Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Note: Erstwhile Plan A - Dividend Option has been renamed as Dividend Option vide addendum dated October 19, 2012 Type of the Scheme An Open-ended Equity Scheme Date of Allotment: May 20, 2009 Manager Manager: Mr. Paul Parampreet Experience: 7 years Managing the Scheme since: February 04, 2010 Entry Load: NIL Exit Load If the Units are redeemed / switched out on or before 365 days from the date of allotment 3.00% If the Units are redeemed / switched out after 365 days and upto 730 days from the date of allotment 2.00% If the Units are redeemed / switched out after 730 days and upto 870 days from the date of allotment 1.00% If the Units are redeemed / switched out after 870 days from the date of allotment Nil W.e.f October 1, 2012 the entire exit load is to be credited to the Scheme net of service tax, if any Plan*: The Scheme also offers Direct Plan Options: Growth and Dividend option Default Option/Facility Growth Option, Dividend Reinvestment Facility Benchmark: CNX Nifty Ratios as on March 31, 2013 Standard deviation 11.30% Sharpe ratio** -2.07 Portfolio beta 0.96 R squared 0.90 Portfolio Turnover Ratio^ 3.34 times ** Risk Free Rate considered for the above = 7.951% p.a. (8.15% 2022 GOI Bond) Please note: Standard deviation and Sharpe ratio are Annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Total Expense Ratios : Existing Plan: 2.68%, Plan B*: 2.68%, Plan C*: 2.68%, Direct Plan: 2.28% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. Asset Class Allocation(% of Corpus) Risk Profile Equity & Equity related instruments of the 100 65% - 100% Medium to High largest corporates by market capitalisation, listed in India. Equity & Equity related instruments of other companies 0% - 20% Medium to High Debt & Money Market Instruments 0% - 35% Low to Medium FUND PERFORMANCE AS ON MARCH 28, 2013 Period EDELWEISS DIVERSIFIED GROWTH EQUITY TOP 100 (E.D.G.E. TOP 100) FUND E.D.G.E. Top 100 (Existing Plan) E.D.G.E. Top 100 Plan B E.D.G.E. Top 100 Plan C NAV as on May 31, 2013 Growth Option 16.86 Dividend Option 12.88 Plan B* - Growth Option 16.94 Plan B* - Dividend Option 17.14 Plan C* - Growth Option 16.72 Plan C* - Dividend Option 13.66 Direct Plan - Growth Option 16.88 Direct Plan - Dividend Option 13.39 Scheme Benchmark (CNX Nifty ) Alternate Benchmark (S&P BSE SENSEX) March 30, 2012 - March 28, 2013^ 10.06% 11,006 10.09% 11,009 10.00% 11,000 7.31% 10,731 8.23% 10,823 March 31, 2011 - March 30, 2012^ -0.92% 9,908-0.85% 9,915-2.39% 9,761-9.23% 9,077-10.50% 8,950 March 31, 2010 - March 31, 2011^ 8.52% 10,852 8.73% 10,873 8.79% 10,879 11.14% 11,114 10.94% 11,094 Since Inception (CAGR) 11.88% 15,420 12.03% 15,500 11.64% 15,290 7.69% 13,307 7.87% 13,396 Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the Scheme. shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of return. Note: Mr. Paul Parampreet is the Manager of all Equity Schemes and also a Co - Manager of Monthly Income Plan. For the performance of the same, please refer to the relevant scheme. *Kindly refer addendum dated September 29, 2012 for discontinued Plans viz Plan B & Plan C & addendum dated Oct 19, 2012 for standardizing the nomenclature for existing Plan / Options 7
THE POWER OF HOLDING HIGH VALUE STOCKS THROUGH YOUR MUTUAL FUND INVESTMENTS The hypothetical illustrations below show the shares (top 10) that will be notionally held by an investor, investing `10 lakhs in each Scheme Absolute Return * (An Open Ended Equity scheme) Top 10 stocks in the Portfolio As on May 31, 2013 Diversified Growth Equity Top 100* (E.D.G.E. Top 100) (An Open Ended Equity scheme) Top 10 stocks in the Portfolio As on May 31, 2013 Stocks % to Net Assets of the Scheme Shares notionally held by an investor Stocks % to Net Assets of the Scheme Shares notionally held by an investor Liberty Phosphate 5.33 238 ITC Ltd. 4.82 141 ITC Ltd. 5.04 148 Housing Development Finance Corporation Ltd. 4.23 47 Housing Development Finance Corporation Ltd. 4.36 48 HDFC Bank Ltd. 4.13 58 HDFC Bank Ltd. 4.25 60 Axis Bank Ltd. 3.53 24 Mahindra & Mahindra Ltd. 3.28 33 IndusInd Bank Ltd. 3.47 67 Axis Bank Ltd. 3.28 22 Tata Consultancy Services Ltd. 3.39 22 Tata Consultancy Services Ltd. 2.56 17 Mahindra & Mahindra Ltd. 3.39 35 Sun Pharmaceuticals Industries Ltd. 2.06 19 HCL Technologies Ltd. 3.13 42 Hindustan Unilever Ltd. 2.05 34 Hindustan Unilever Ltd. 3.06 51 IndusInd Bank Ltd. 2.03 39 Lupin Ltd. 2.69 36 * Absolute Return (A.R.F.) and Diversified Growth Equity Top 100 (E.D.G.E. Top 100) are equity - oriented Schemes. Investors in the Schemes are not being offered any guaranteed / assured returns. Past performance may or may not be sustained in the market. The above hypothetical illustrations assume a sum of `10 lakhs invested in each Scheme as on May 31, 2013. No. of shares notionally held are calculated as per the percentages of Top 10 holdings by the Scheme under each stock as on May 31, 2013. Market Price of each Share as on May 31, 2013 are as follows: Axis Bank Ltd. @ `1430.55 HCL Technologies Ltd. @ `744.85 HDFC Bank Ltd. @ `700.5 Hindustan Unilever Ltd. @ `592.5 Housing Development Finance Corporation Ltd. @ `890.15 IndusInd Bank Ltd. @ `517.3 ITC Ltd. @ `339.9 Liberty Phosphate @ `223.9 Lupin Ltd. @ `737.7 Mahindra & Mahindra Ltd. @ `967.55 Sun Pharmaceuticals Industries Ltd. @ `1044.1 Tata Consultancy Services Ltd. @ `1498.45 8 Mutual investments are subject to market risks, read all scheme related documents carefully.
ELSS FACTSHEET Equity May 2013 INVESTMENT OBJECTIVE The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. TOP TEN EQUITY HOLDINGS Name of Instrument Industry % to Net Assets The Jammu & Kashmir Bank Ltd. Banks 4.69 ING Vysya Bank Ltd. Banks 4.50 United Phosphorus Ltd. Pesticides 4.37 Petronet LNG Ltd. Gas 4.35 Sundaram Finance Ltd. Finance 4.04 Emami Ltd. Consumer Non Durables 3.46 Mahindra & Mahindra Financial Services Ltd. Finance 3.42 Hindustan Unilever Ltd. Consumer Non Durables 3.36 ITC Ltd. Consumer Non Durables 3.19 Tata Consultancy Services Ltd. Software 3.19 INDUSTRY ALLOCATION Banks Consumer Non Durables Finance Auto Ancillaries 8.60% Pharmaceuticals 7.91% Software 7.42% Gas 5.72% Pesticides 4.44% Cement 3.99% Chemicals 2.21% Petroleum Products 1.84% Oil 1.76% Consumer Durables 1.38% Healthcare Services 1.30% Transportation 0.89% 14.58% 19.20% 18.76% Type of the Scheme An Open-ended Equity Linked Savings Scheme Date of Allotment: December 30, 2008 Manager Manager: Mr. Paul Parampreet Experience: 7 years Managing the Scheme since: February 04, 2010 Entry Load: NIL Exit Load: NIL W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any Plan: The Scheme also offers Direct Plan Options: Growth and Dividend option Default Option/Facility Growth Option,Dividend Reinvestment Facility Benchmark: CNX 500 DIVIDEND HISTORY Record Date Option Name NAV on Record Date (`) Amount of Dividend (`) 22/03/2012 Dividend Option 12.92 1.00 per unit 24/01/2013 Dividend Option 13.51 1.50 per unit 22/02/2013 Dividend Option 11.86 0.50 per unit 22/02/2013 Direct Plan-Dividend Option 13.32 0.50 per unit INDICATIVE ASSET ALLOCATION (as per SID) A smart investment solution for tax-saving and long-term capital gains Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Asset Class Allocation (% of Corpus) Risk Profile Equity & Equity related instruments 80% - 100% High Short Term Debt & Money Market instruments 0% - 20% Low to Medium Ratios as on March 31, 2013 Standard deviation 11.12% Sharpe ratio** -2.31 Portfolio beta 0.92 R squared 0.85 Portfolio Turnover Ratio^ 3.35 times ** Risk Free Rate considered for the above = 7.951% p.a. (8.15% 2022 GOI Bond) Please note: Standard deviation and Sharpe ratio are Annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Total Expense Ratios : Existing Plan: 2.68%, Direct Plan: 2.28% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 22.10 Dividend Option 11.92 Direct Plan - Growth Option 22.39 Direct Plan - Dividend Option 13.47 FUND PERFORMANCE AS ON MARCH 28, 2013 Period ELSS EDELWEISS ELSS FUND Scheme Benchmark (CNX 500) Alternate Benchmark (S&P BSE SENSEX) March 30, 2012 - March 28, 2013^ 6.74% 10,674 5.13% 10,513 7.31% 10,731 March 31, 2011 - March 30, 2012^ -0.16% 9,984-8.75% 9,125-9.23% 9,077 March 31, 2010 - March 31, 2011^ 9.17% 10,917 7.26% 10,726 11.14% 11,114 Since Inception (CAGR) 18.32% 20,420 16.70% 19,260 16.43% 19,072 Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Note: Mr. Paul Parampreet is the Manager of all Equity Schemes and also a Co - Manager of Monthly Income Plan. For the performance of the same, please refer to the relevant scheme. 9
SELECT MIDCAP FACTSHEET Equity May 2013 INVESTMENT OBJECTIVE The primary investment objective of the Scheme is to generate long term capital appreciation from a portfolio predominantly comprising of equity and equity related securities of MidCap Companies. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. TOP TEN EQUITY HOLDINGS Name of Instrument Industry % to Net Assets ING Vysya Bank Ltd. Banks 5.76 Emami Ltd. Consumer Non Durables 4.97 The Jammu & Kashmir Bank Ltd. Banks 4.90 United Phosphorus Ltd. Pesticides 4.62 Petronet LNG Ltd. Gas 4.43 Sundaram Finance Ltd. Finance 4.35 Pidilite Industries Ltd. Chemicals 3.94 Apollo Tyres Ltd. Auto Ancillaries 3.89 Bajaj Finance Ltd. Finance 3.40 Mahindra & Mahindra Financial Services Ltd. Finance 3.39 Notes: Fixed Deposit placed under margin : `15 Lakhs. Total Exposure to derivative instruments (excluding reversed positions) as on 31/05/2013 : `25.46 Lakhs. INDUSTRY ALLOCATION Consumer Non Durables Banks Finance Auto Ancillaries Gas 6.38% Pharmaceuticals 5.99% Pesticides 5.17% Chemicals 4.41% Cement 4.40% Transportation 2.17% Petroleum Products 1.86% Construction 1.45% Software 1.40% Healthcare Services 1.34% Consumer Durables 0.33% 18.94% 16.95% 16.19% 13.02% Type of the Scheme An Open-ended Equity Scheme Date of Allotment: August 25, 2011 Manager Manager: Mr. Paul Parampreet Experience: 7 years Managing the Scheme since: August 25, 2011 Entry Load: NIL Exit Load If the Units are redeemed / switched out on or before 365 days from the date of allotment 1.00% If the Units are redeemed / switched out after 365 days from the date of allotment Nil W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any Plan: The Scheme also offers Direct Plan Options: Growth and Dividend option Default Option/Facility Growth Option, Dividend Reinvestment Facility Benchmark: S&P BSE Mid-cap Index Looking to invest in stocks which may be future large caps? The solution lies in this. INDICATIVE ASSET ALLOCATION (as per SID) Asset Class Indicative allocation (% of total assets) Risk Profile Equity and equity related securities of companies falling in Top 101 to 300 companies by market capitalization, listed in India 80% 100% Medium to High Equity and equity related securities of other companies listed in India 0% 20% Medium to High Debt and money market instruments 0% 20% Low to Medium Min. Max. Ratios as on March 31, 2013 Standard deviation 14.23% Sharpe ratio** -3.11 Portfolio beta 1.05 R squared 0.67 Portfolio Turnover Ratio^ 3.77 times ** Risk Free Rate considered for the above = 7.951% p.a. (8.15% 2022 GOI Bond) Please note: Standard deviation and Sharpe ratio are Annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Total Expense Ratios : Existing Plan: 2.68%, Direct Plan: 2.28% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 11.38 Dividend Option 11.38 Direct Plan - Growth Option 11.39 Direct Plan - Dividend Option 11.39 FUND PERFORMANCE AS ON MARCH 28, 2013 Period Select Midcap EDELWEISS SELECT MIDCAP FUND Scheme Benchmark (S&P BSE Midcap Index) Alternate Benchmark (S&P BSE SENSEX) March 30, 2012 - March 28, 2013^ 2.83% 10,283-3.22% 9,678 7.31% 10,731 Since Inception (CAGR) 3.30% 10,530-0.32% 9,949 10.61% 11,742 Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Note: Mr. Paul Parampreet is the Manager of all Equity Schemes and also a Co - Manager of Monthly Income Plan. For the performance of the same, please refer to the relevant scheme. 10
THE POWER OF HOLDING HIGH VALUE STOCKS THROUGH YOUR MUTUAL FUND INVESTMENTS The hypothetical illustrations below show the shares (top 10) that will be notionally held by an investor, investing `10 lakhs in each Scheme ELSS * (An Open-ended Equity Linked Savings Scheme) Top 10 stocks in the Portfolio As on May 31, 2013 Select Midcap * (An Open Ended Equity scheme) Top 10 stocks in the Portfolio As on May 31, 2013 Stocks % to Net Assets of the Scheme Shares notionally held by an investor Stocks % to Net Assets of the Scheme Shares notionally held by an investor The Jammu & Kashmir Bank Ltd. 4.69 38 ING Vysya Bank Ltd. 5.76 88 ING Vysya Bank Ltd. 4.50 69 Emami Ltd. 4.97 64 United Phosphorus Ltd. 4.37 281 The Jammu & Kashmir Bank Ltd. 4.90 40 Petronet LNG Ltd. 4.35 305 United Phosphorus Ltd. 4.62 298 Sundaram Finance Ltd. 4.04 72 Petronet LNG Ltd. 4.43 310 Emami Ltd. 3.46 45 Sundaram Finance Ltd. 4.35 77 Mahindra & Mahindra Financial Services Ltd. 3.42 135 Pidilite Industries Ltd. 3.94 138 Hindustan Unilever Ltd. 3.36 56 Apollo Tyres Ltd. 3.89 435 ITC Ltd. 3.19 93 Bajaj Finance Ltd. 3.40 23 Tata Consultancy Services Ltd. 3.19 21 Mahindra & Mahindra Financial Services Ltd. 3.39 134 * Investors in the Schemes are not being offered any guaranteed / assured returns. Past performance may or may not be sustained in the market. The above hypothetical illustrations assume a sum of `10 lakhs invested in each Scheme as on May 31, 2013. No. of shares notionally held are calculated as per the percentages of Top 10 holdings by the Scheme under each stock as on May 31, 2013. Market Price of each Share as on May 31, 2013 are as follows: Apollo Tyres Ltd. @ `89.35 Bajaj Finance Ltd. @ `1472.35 Emami Ltd. @ `765 Hindustan Unilever Ltd. @ `592.5 ING Vysya Bank Ltd. @ `650.95 ITC Ltd. @ `339.9 Mahindra & Mahindra Financial Services Ltd. @ `252.2 Petronet LNG Ltd. @ `142.5 Pidilite Industries Ltd. @ `285.3 Sundaram Finance Ltd. @ `560.4 Tata Consultancy Services Ltd. @ `1498.45 The Jammu & Kashmir Bank Ltd. @ `1223.2 United Phosphorus Ltd. @ `155 Mutual investments are subject to market risks, read all scheme related documents carefully. 11
EQUITY ENHANCER FACTSHEET Equity May 2013 INVESTMENT OBJECTIVE The primary objective of the is to generate capital appreciation and income distribution by investing in a portfolio that endeavors to outperform the CNX Nifty Index. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. TOP TEN EQUITY HOLDINGS Name of Instrument Industry % to Net Assets ITC Ltd. Consumer Non Durables 8.17 Housing Development Finance Corporation Ltd. Finance 6.41 ICICI Bank Ltd. Banks 5.59 HDFC Bank Ltd. Banks 5.54 Reliance Industries Ltd. Petroleum Products 5.52 Infosys Ltd. Software 4.91 Tata Consultancy Services Ltd. Software 4.91 Larsen & Toubro Ltd. Construction Project 4.88 Oil & Natural Gas Corporation Ltd. Oil 4.17 State Bank of India Banks 3.99 INDICATIVE ASSET ALLOCATION (as per SID) INDUSTRY ALLOCATION Asset Class Allocation (% of Corpus) Risk Profile Equity & Equity related instruments 65% - 100% Medium to High Debt & Money Market instruments 0% - 35% Low to Medium Banks Consumer Non Durables Software Auto Finance Petroleum Products Pharmaceuticals Oil Construction Project Power Telecom - Services Cement Minerals/Mining Ferrous Metals Industrial Capital Goods Gas Non - Ferrous Metals 0.87% 0.66% 0.65% 2.53% 1.86% 1.65% 1.33% 1.04% 5.41% 5.37% 7.05% 6.07% 6.07% 9.18% 12.35% 14.15% 23.75% Type of the scheme An Open-ended Equity scheme Date of Allotment: Plan A: August 12, 2009, Plan B: June 16, 2009, Plan C: August 16, 2011 Manager Manager: Mr. Paul Parampreet Experience: 7 years Managing the Scheme since: June 29, 2010 Entry Load: NIL Exit Load: NIL W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any Plan*: The Scheme also offers Direct Plan Options : Growth and Dividend option Default Option/Facility Growth Option, Dividend Reinvestment Facility Benchmark: CNX Nifty Ratios as on March 31, 2013 Standard deviation 10.70% Sharpe ratio** -2.74 Portfolio beta 0.92 R squared 0.92 Portfolio Turnover Ratio^ 2.88 times ** Risk Free Rate considered for the above = 7.951% p.a. (8.15% 2022 GOI Bond) Please note: Standard deviation and Sharpe ratio are Annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Total Expense Ratio : Existing Plan: 1.00%, Plan B: 1.00%, Plan C: 0.99%, Direct: 0.60% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Equity Enhancer Growth Option 12.77 Dividend Option 11.63 Plan B - Growth Option 12.59 Plan B - Dividend Option 12.83 Plan C - Growth Option 10.99 Direct Plan - Growth Option 12.79 Direct Plan - Dividend Option 11.65 FUND PERFORMANCE AS ON MARCH 28, 2013 Period Equity Enhancer (Existing Plan) EDELWEISS EQUITY ENHANCER FUND Equity Enhancer - Plan B Equity Enhancer - Plan C Scheme Benchmark (CNX NIFTY ) Alternate Benchmark (S&P BSE SENSEX) March 30, 2012 - March 28, 2013^ -0.90% 9,910-1.08% 9,892-1.05% 9,895 7.31% 10,731 8.23% 10,823 March 31, 2011 - March 30, 2012^ -9.32% 9,068-9.30% 9,070 N.A. N.A. -9.23% 9,077-10.50% 8,950 March 31, 2010 - March 31, 2011^ 13.45% 11,345 12.69% 11,269 N.A. N.A. 11.14% 11,114 10.94% 11,094 Since Inception (CAGR) Plan A 5.33% 12,050 N.A. N.A. N.A. N.A. 6.92% 12,748 6.44% 12,540 Since Inception (CAGR) Plan B N.A. N.A. 4.64% 11,870 N.A. N.A. 6.25% 12,578 6.28% 12,593 Since Inception (CAGR) Plan C N.A. N.A. N.A. N.A. 2.21% 10,360 7.76% 11,284 7.61% 11,258 Based on standard investment of `10,000 made at the beginning of the relevant period. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. ^Absolute In case start /end date of the relevant period is a non-business Day, the NAV of the Past performance may or may not be sustained in future and should not be used as a previous Business Day is considered for computation of returns. basis for comparison with other investments. Note: Mr. Paul Parampreet is the Manager of all Equity Schemes and also a Co - Since Inception returns are calculated on `10/- invested at inception of the Scheme. Manager of Monthly Income Plan. For the performance of the same, please shown above are for Growth Option only. refer to the relevant scheme. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. 12 *Kindly refer addendum dated September 29, 2012 for discontinued Plans viz Plan B & Plan C & addendum dated Oct 19, 2012 for standardizing the nomenclature for existing Plan / Options
LIQUID FACTSHEET Liquid May 2013 INVESTMENT OBJECTIVE The objective of the Scheme is to provide optimal returns, commensurate with low risk and high degree of liquidity, through a portfolio constituted of money market & short term debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. PORTFOLIO Name of Instrument **Thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. DIVIDEND HISTORY % to Net Assets MONEY MARKET INSTRUMENTS 77.52 Certificate of Deposit** CRISIL A1+ Oriental Bank of Commerce 29.57 ICRA A1+ State Bank Of Patiala 29.48 IDBI Bank 18.47 OTHERS 22.48 Cash & Cash Equivalents CBLO / Reverse Repo Investments 22.46 Net Receivable/Payable 0.02 GRAND TOTAL 100.00 ASSET ALLOCATION Dividend is declared on the face value of `1000/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Note: Erstwhile Super Institutional Plan - Dividend Option has been renamed as Dividend Option vide addendum dated October 19, 2012 RATING PROFILE Sector / Rating Percent ICRA A1+ 47.95 CRISIL A1+ 29.57 Cash & Equivalent 22.48 Total 100.00 FUND PERFORMANCE AS ON MARCH 28, 2013 Money Market Instruments 22.48% Record Date Plan/ Option Name NAV on Amount of Amount of Record Date Dividend - Retail Dividend - Corporate (`) (`) (`) 28/03/2013 Dividend (Monthly) 1006.4455 5.297537 per unit 5.081247 per unit 30/04/2013 Dividend (Monthly) 1008.6226 6.871124 per unit 6.580618 per unit 31/05/2013 Dividend (Monthly) 1004.9619 4.020898 per unit 3.850897 per unit Cash & Cash Equivalent 77.52% EDELWEISS LIQUID FUND ( LF) Type of the scheme An Open-ended Liquid Scheme Date of Allotment Retail: September 9, 2008 Institutional: May 14, 2012 Super Institutional: August 12, 2011 Assistant Manager Mr. Rahul Totla Experience: 4 years Managing the Scheme since: April 18, 2013 Entry Load: NIL Exit Load: NIL (Please refer Addenda dated March 28, 2013 for full details.) W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any Plan*: The Scheme also offers Direct Plan Options: Growth and Dividend Option Default Option/Facility Dividend Option, Daily Dividend Reinvestment Facility Benchmark: CRISIL Liquid Index Modified Duration: 0.0338 Years Average Maturity: 0.0362 Years Total Expense Ratio : Retail Plan*: 1.11%, Institutional Plan*: 0.27%, Existing Plan: 0.27%, Direct Plan: 0.24% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 1174.7723 Daily Dividend Option 1000.0002 Weekly Dividend Option 1001.1954 Fortnightly Dividend Option^ - Monthly Dividend Option 1004.9619 Retail Plan* Growth Option 1352.4088 Daily Dividend Option 1000.0003 Weekly Dividend Option 1001.0470 Fortnightly Dividend Option^ - Monthly Dividend Option 1005.6472 Institutional Plan* Growth Option^ - Daily Dividend Option 1000.0002 Weekly / Fortnightly / Monthly Dividend Option^ - Direct Plan Growth Option 1174.8924 Daily Dividend Option 1000.3613 Weekly / Fortnightly / Monthly Dividend Option^ - ^ There were no investors under this option LF Retail LF (Existing Plan) Period *As there was no investor under these Plans during certain intervals returns for the specified Period / since inception is not provided. Based on standard investment of `10,000 made at the beginning of the relevant period. @ ^Absolute. Annualized Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at Inception/ date of the initial investment under the plans. shown above are for Growth Option only. Scheme Benchmark (Crisil Liquid Index) Alternate Benchmark (Crisil 1 Year T bill) @ Last 7 days 7.18% 10,014 8.11% 10,016 7.87% 10,015 10.54% 10,020 @ Last 15 days 7.61% 10,031 8.54% 10,035 8.02% 10,033 9.52% 10,039 @ Last 30 days 7.68% 10,063 8.62% 10,071 8.25% 10,068 9.78% 10,080 30-Mar-2012 to 28-Mar-2013^ 8.27% 10,827 9.19% 10,919 8.17% 10,817 8.33% 10,833 31-Mar-2011 to 30-Mar-2012^ 8.56% 10,856 Not Available* 8.44% 10,844 6.59% 10,659 31-Mar-2010 to 31-Mar-2011^ 5.34% 10,534 Not Available* 6.21% 10,621 3.86% 10,386 Since Inception -Ret(CAGR) 6.56% 13,352 - - 6.97% 13,589 6.18% 13,138 Since Inception -SIP(CAGR) - - 9.42% 11,580 8.44% 11,409 7.92% 11,321 Performance of the Dividend Option for the investor would be net of DDT, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Mr. Rahul Totla is the Assistant Manager for all Liquid / Debt Schemes. For the performance of the same, please refer to the relevant scheme. *Kindly refer addendum dated September 29, 2012 for discontinued Plans viz Retail & Institutional Plan and addendum dated Oct 19, 2012 for standardizing the nomenclature for existing Plan / Options 13
ULTRA SHORT TERM BOND FACTSHEET Debt May 2013 INVESTMENT OBJECTIVE The objective of the Scheme is to provide reasonable returns, commensurate with moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns. PORTFOLIO Name of Instrument **Thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. DIVIDEND HISTORY % to Net Assets MONEY MARKET INSTRUMENTS 82.34 Certificate of Deposit** ICRA A1+ Banka Of Baroda 30.64 State Bank Of Patiala 18.50 ICICI Bank 15.07 Axis Bank 7.29 CRISIL A1+ Andhra Bank 7.75 Oriental Bank of Commerce 3.09 BONDS & NCDs 14.72 Listed / awaiting listing on the stock exchanges CRISIL AAA LIC Housing Finance Ltd. 7.74 CRISIL AA+ Mahindra & Mahindra Financial Services Ltd 6.98 OTHERS 2.94 Cash & Cash Equivalents CBLO / Reverse Repo Investments 1.00 Net Receivable/Payable 1.94 GRAND TOTAL 100.00 ASSET ALLOCATION Record Date Plan/ Option NAV on Amount of Amount of Name Record Date Dividend -Retail Dividend -Corporate (`) (`) (`) 28/03/2013 Dividend (Monthly) 1008.0198 6.967799 per unit 5.936721 per unit 30/04/2013 Dividend (Monthly) 1009.0750 6.733772 per unit 5.737325 per unit 31/05/2013 Dividend (Monthly) 1007.8555 6.607764 per unit 6.328392 per unit FUND PERFORMANCE AS ON MARCH 28, 2013 USTBF Retail Money Market Instruments Bonds and NCDs Dividend is declared on the face value of `1000/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Note: Erstwhile Institutional Plan has been renamed as Dividend Option vide addendum dated October 19, 2012 USTBF (Existing Plan) RATING PROFILE Cash & Cash Equivalent 82.34% 14.72% Sector / Rating Percent ICRA A1+ 71.50 CRISIL A1+ 10.84 CRISIL AAA 7.74 CRISIL AA+ 6.98 Cash & Equivalent 2.94 Total 100.00 EDELWEISS ULTRA SHORT TERM BOND FUND ( USTBF) Period Scheme Benchmark (Crisil Liquid Index) Type of the Scheme An Open-ended Debt Scheme Date of Allotment September 9, 2008 Assistant Manager Mr. Rahul Totla Experience: 4 years Managing the Scheme since: April 18, 2013 Entry Load: NIL Exit Load: NIL (Please refer Addenda dated March 28, 2013 for full details.) W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any Plan*: The Scheme also offers Direct Plan Options: Growth and Dividend option Default Option/Facility Growth Option, Dividend Reinvestment Facility Benchmark: CRISIL Liquid Index Modified Duration: 0.3494 Years Average Maturity: 0.3777 Years Total Expense Ratio : Retail Plan*: 1.09%, Existing Plan: 0.35%, Direct Plan: 0.31% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 1428.2474 Daily Dividend Option 1000.0000 Weekly Dividend Option 1000.7689 Fortnightly Dividend Option 1002.0114 Monthly Dividend Option 1007.8555 Retail Plan* Growth Option 1402.6966 Daily Dividend Option 1000.0000 Weekly Dividend Option 1000.6804 Fortnightly Dividend Option 1005.8627 Monthly Dividend Option 1006.8670 Direct Plan Growth Option 1428.5075 Daily Dividend Option 1000.0000 Weekly / Fortnightly / Monthly Dividend Option^ - Alternate Benchmark (Crisil 1 Year T bill) 30-Mar-2012 to 28-Mar-2013^ 8.12% 10,812 8.92% 10,892 8.17% 10,817 8.33% 10,833 31-Mar-2011 to 30-Mar-2012^ 8.95% 10,895 9.40% 10,940 8.44% 10,844 6.59% 10,659 31-Mar-2010 to 31-Mar-2011^ 6.39% 10,639 6.58% 10,658 6.21% 10,621 3.86% 10,386 Since Inception 7.39% 13,833 7.78% 14,064 6.97% 13,589 6.18% 13,138 2.94% ^ There were no investors under this option Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Mr. Rahul Totla is the Assistant Manager for all Liquid / Debt Schemes. For the performance of the same, please refer to the relevant scheme. 14 *Kindly refer addendum dated September 29, 2012 for discontinued Plans viz Retail Plan addendum dated Oct 19, 2012 for standardizing the nomenclature for existing Plan / Options
SHORT TERM INCOME FACTSHEET Debt May 2013 INVESTMENT OBJECTIVE The investment objective of the Scheme is to generate regular income through investments in Debt & Money Market Instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. PORTFOLIO Name of Instrument Period % to Net Assets MONEY MARKET INSTRUMENTS 20.10 Certificate of Deposit** ICRA A1+ Punjab National Bank 11.62 State Bank Of Patiala 6.15 Banka Of Baroda 2.33 BONDS & NCDs 75.84 Listed / awaiting listing on the stock exchanges CARE AA Tata Motors Ltd 6.30 CARE AA+ Shriram Transport Finance Ltd 6.24 CARE AAA LIC Housing Finance Ltd 6.29 CRISIL AA- Tata Motors Finance 6.22 CRISIL AA+ Mahindra & Mahindra Financial Services Ltd 0.62 CRISIL AAA Exim Bank 6.40 Rural Electrification Corporation 6.31 HDFC 6.27 ICRA AAA Power Finance Corporation 12.39 NABARD 6.28 Infrastructure Development Finance Company 12.52 OTHERS 4.06 Cash & Cash Equivalents CBLO / Reverse Repo Investments 2.58 Net Receivable/Payable 1.48 GRAND TOTAL 100.00 **Thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. DIVIDEND HISTORY FUND PERFORMANCE AS ON MARCH 28, 2013 EDELWEISS SHORT TERM INCOME FUND ( STIF) STIF (Existing Plan) STIF Institutional ASSET ALLOCATION Bonds and NCDs Cash & Cash Equivalent 75.84% RATING PROFILE Record Date Plan/ Option Name NAV on Amount of Amount of Record Date Dividend - Retail Dividend - Corporate (`) (`) (`) 23/03/2011 Dividend 10.0428 0.039084 per unit 0.036427 per unit 25/04/2011 Dividend 10.0436 0.039896 per unit 0.037235 per unit 30/05/2013 Dividend 11.8828 0.437972 per unit 0.373162 per unit Sector / Rating Percent ICRA AAA 31.19 ICRA A1+ 20.10 CRISIL AAA 18.98 CARE AA 6.30 CARE AAA 6.29 CARE AA+ 6.24 CRISIL AA- 6.22 CRISIL AA+ 0.62 Cash & Equivalent 4.06 Total 100.00 Money Market Instruments Scheme Benchmark (Crisil Short-Term Bond Index) Type of the Scheme An Open-ended Income Scheme Date of Allotment Retail: September 26, 2008 Institutional: March 3, 2009 Assistant Manager Mr. Rahul Totla Experience: 4 years Managing the Scheme since: April 18, 2013 Plan*: The Scheme also offers Direct Plan Options: Growth and Dividend option Default Option/Facility Dividend option, Reinvestment Facility Benchmark: CRISIL Short Term Bond Index Modified Duration: 1.7660 Years Average Maturity: 2.1218 Years Total Expense Ratio : Existing Plan: 0.98%, Institutional Plan*: 0.96%, Direct Plan: 0.89% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 13.9163 Dividend Option 11.3700 Institutional Plan Growth Option 13.4255 Dividend Option - Direct Plan Growth Option 13.9246 Dividend Option^ - Alternate Benchmark (Crisil 1 Year T bill) 30-Mar-2012 to 28-Mar-2013^ 8.25% 10,825 8.25% 10,825 9.05% 10,905 8.33% 10,833 31-Mar-2011 to 30-Mar-2012^ 7.71% 10,771 7.72% 10,772 8.28% 10,828 6.59% 10,659 31-Mar-2010 to 31-Mar-2011^ 5.22% 10,522 5.38% 10,538 5.12% 10,512 3.86% 10,386 Since Inception (Inst) - - 6.94% 13,142 6.95% 13,145 5.28% 12,329 Since Inception (Reg) 7.10% 13,622 - - 7.88% 14,070 6.07% 13,038 4.06% 20.10% Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. Note: Erstwhile Retail Plan - Dividend Option has been renamed as Dividend Option vide addendum dated October 19, 2012 Entry Load: NIL Exit Load: NIL (Please refer addendum dated April 23, 2013) W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any ^ There were no investors under this option Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Mr. Rahul Totla is the Assistant Manager for all Liquid / Debt Schemes. For the performance of the same, please refer to the relevant scheme. *Kindly refer addendum dated September 29, 2012 for discontinued Plans viz Institutional Plan and addendum dated Oct 19, 2012 for standardizing the nomenclature for existing Plan / Options 15
GILT FACTSHEET Debt May 2013 INVESTMENT OBJECTIVE The investment objective of the scheme is to generate income and capital appreciation by investing predominantly in securities issued by the Government of India or State Governments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. PORTFOLIO Name of Instrument % to Net Assets CENTRAL GOVERNMENT SECURITIES 88.80 SOV 08.33% CGL 2026 88.80 OTHERS 11.20 Cash & Cash Equivalents CBLO / Reverse Repo Investments 6.12 Net Receivable/Payable 5.08 GRAND TOTAL 100.00 ASSET ALLOCATION 88.80% SOV RATING PROFILE Sector / Rating Percent Sovereign Rated Securities 88.80 Cash & Cash Equivalent 11.20 Total 100.00 Cash & Cash Equivalent 11.20% Type of the Scheme An Open-ended Gilt Scheme Date of Allotment: July 6, 2009 Assistant Manager Mr. Rahul Totla Experience: 4 years Managing the Scheme since: April 18, 2013 Entry Load: NIL Exit Load: NIL W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any Plan*: The Scheme also offers Direct Plan Options Growth and Dividend option Default Option/Facility Growth Option, Dividend Reinvestment Facility Benchmark: I-Sec Composite Gilt Index Modified Duration: 6.9843 Years Average Maturity: 11.6471 Years Total Expense Ratio : Existing Plan: 1.23% Direct Plan: 1.13% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 12.6259 Dividend Option 12.6259 Direct Plan Growth Option 12.6299 Dividend Option^ - ^ There were no investors under this option FUND PERFORMANCE AS ON MARCH 28, 2013 Period Gilt EDELWEISS GILT FUND Scheme Benchmark (I-Sec Composite Gilt Index) 30-Mar-2012 to 28-Mar-2013^ 9.43% 10,943 11.64% 11,164 11.25% 11,125 31-Mar-2011 to 30-Mar-2012^ 3.03% 10,303 6.79% 10,679 2.43% 10,243 31-Mar-2010 to 31-Mar-2011^ 5.17% 10,517 6.41% 10,641 4.61% 10,461 Since Inception 5.18% 12,073 7.11% 12,919 5.34% 12,141 Alternate Benchmark (Crisil 10 year dated GOI Security) Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Mr. Rahul Totla is the Assistant Manager for all Liquid / Debt Schemes. For the performance of the same, please refer to the relevant scheme. 16
MONTHLY INCOME Plan* *Monthly income is not assured and is subject to availability of distributable surplus. FACTSHEET Debt May 2013 INVESTMENT OBJECTIVE The investment objective of the scheme is to generate returns that are consistent with the moderate levels of risk and liquidity through active management of a diversified portfolio constituted of debt and money market instruments, securitized debt, government securities, and equity & equity related instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. TOP TEN EQUITY HOLDINGS Name of Instrument Industry % to Net Assets ITC Ltd. Consumer Non Durables 2.04 Housing Development Finance Corporation Ltd. Finance 1.48 Reliance Industries Ltd. Petroleum Products 1.47 ICICI Bank Ltd. Banks 1.43 HDFC Bank Ltd. Banks 1.40 Infosys Ltd. Software 1.24 Tata Consultancy Services Ltd. Software 0.82 Larsen & Toubro Ltd. Construction Project 0.81 Hindustan Unilever Ltd. Consumer Non Durables 0.66 Oil & Natural Gas Corporation Ltd. Oil 0.64 OTHERS Cash & Cash Equivalents 84.21 CBLO / Reverse Repo Investments 87.51 Net Receivable/Payable -3.30 DIVIDEND HISTORY Record Date Plan/ Option NAV on Amount of Amount of Name Record Date Dividend - Retail Dividend - Corporate (`) (`) (`) 28/03/2013 Monthly Dividend 10.6440 0.028050 per unit 0.023900 per unit 30/04/2013 Monthly Dividend 10.7423 0.952097 per unit 0.811208 per unit 31/05/2013 Monthly Dividend 10.2168 0.043015 per unit 0.041196 per unit Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any. Past Performance may or may not be sustained in the future. FUND PERFORMANCE AS ON MARCH 28, 2013 ASSET ALLOCATION Banks Consumer Non Durables Software Finance Petroleum Products Auto Construction Project Oil Pharmaceuticals Telecom - Services Ferrous Metals Minerals/Mining 1.34% 0.37% 3.41% 2.49% 5.11% 4.03% 9.40% 9.28% 8.22% 13.04% 17.12% 26.19% Type of the Scheme An Open-ended Income Scheme Date of Allotment: February 24, 2010 Assistant Manager /Co- Manager Assistant Manager: Mr. Rahul Totla Experience: 4 years Managing the Debt portion of the Scheme since: April 18, 2013 Co- Manager: Mr. Paul Parampreet Experience: 7 years Managing the Equity portion of the Scheme since: December 20, 2010 Entry Load: NIL Exit Load If the Units are redeemed / switched out on or before 180 days from the date of allotment - 2.00% If the Units are redeemed / switched out after 180 days and upto 365 days from the date of allotment 1.00% If the Units are redeemed / switched out after 365 days from the date of allotment Nil W.e.f October 1, 2012 the entire exit load is to be credited to the scheme net of service tax, if any Plan*: The Scheme also offers Direct Plan Options Growth and Monthly Dividend Option Default Option/Facility Growth Option, Dividend Reinvestment Facility Benchmark: CRISIL MIP Blended Index Modified Duration: 0.0069 Years Average Maturity: 0.0069 Years Total Expense Ratio : Existing Plan: 2.25% Direct Plan: 1.85% Current Financial year to date ratio to average AUM. AMC reserves the right to change the expense ratio within the limits prescribed in the respective Scheme Information Document. NAV as on May 31, 2013 Growth Option 13.1612 Dividend Option 10.2168 Direct Plan - Growth 13.1634 Direct Plan - Dividend Option^ - ^ There were no investors under this option Period EDELWEISS MONTHLY INCOME PLAN ( MIP) MIP (Growth) Scheme Benchmark (Crisil MIP Blended Index) 30-Mar-2012 to 28-Mar-2013^ 9.94% 10,994 9.06% 10,906 8.33% 10,833 31-Mar-2011 to 30-Mar-2012^ 5.85% 10,585 5.24% 10,524 6.59% 10,659 31-Mar-2010 to 31-Mar-2011^ 4.98% 10,498 6.17% 10,617 3.86% 10,386 Since Inception 7.07% 12,349 7.24% 12,410 6.20% 12,042 Alternate Benchmark (Crisil 1 Year T bill) Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Since Inception returns are calculated on `10/- invested at inception of the scheme shown above are for Growth Option only. Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011. In case start /end date of the relevant period is a non-business Day, the NAV of the previous Business Day is considered for computation of returns. Note: (i) Mr. Paul Parampreet is the Manager of all Equity Schemes and also a Co - Manager of Monthly Income Plan. For the performance of the same, please refer to the relevant scheme. (ii) Mr. Rahul Totla is the Assistant Manager for all Liquid / Debt Schemes. For the performance of the same, please refer to the relevant scheme. 17
Equity Schemes May 31, 2013 Absolute Return Diversified Growth Equity Top 100 (E.D.G.E. Top 100) ELSS Select Midcap Equity Enhancer Minimum Investment `1000/- per application & in multiples of `1/- thereafter `1000/- per application & in multiples of `1/- thereafter `500/- per application & in multiples of `500/- thereafter `5000/- per application & in multiples of `1/- thereafter `1000/- per application & in multiples of `1/- thereafter Minimum Redemption Amount Minimum Additional Investment Amount `1/- or any number of units. For demat transactions, minimum redemption would be mandatorily 50 units. For ELSS, redemption of unit can be made only after 3 years of lock-in period from the date of allotment of the Units proposed to be redeemed. `1,000/- and in multiples of `1/- thereafter. `500/- per application & in multiples of `500/-thereafter `1,000/- and in multiples of `1/- thereafter. `1,000/- and in multiples of `1/- thereafter. Debt schemes May 31, 2013 Minimum Investment Minimum Redemption Amount Minimum Additional Investment Amount Liquid `10,000/- & in multiples of `1/- thereafter. Ultra Short Term Bond `5,000/- and in multiples of `1/- thereafter. Minimum of 1 unit or `1,000/- and in multiples of `1/- thereafter. For demat transactions, minimum redemption would be mandatorily 1 unit. In case of the investors / unit holders having available balance less than `1,000/- or less than 1 unit in their respective folio on the day of submission of valid redemption request, the minimum redemption amount would be the available balance. Gilt `5,000/- and in multiples of `1/- thereafter. Minimum of 50 units & in multiples of 1 unit thereafter or `500 & in multiples of `1/- thereafter. `1,000/- and in multiples of `1/- thereafter. Monthly Income Plan `5,000/- and in multiples of `1/- thereafter. `500 & in multiples of `1/- thereafter. Short Term Income `10,000/- and in multiples of `1/- thereafter. Minimum of 50 units & in multiples of 1 unit thereafter or `500 & in multiples of `1/- thereafter. For demat transactions, minimum redemption would be mandatorily 50 units. In case of the investors/ units holders having available balance less than ` 500/- or less than 50 units in their respective folio on the day of submission of valid redemption request, the minimum redemption limit would be the available balance. Direct Plan: Pursuant to SEBI Circular No. CIR/IMD/DF/21/2012 dated September 13, 2012, a separate plan for direct investments (i.e. investments not routed through Distributor) has been introduced under the Schemes with effect from January 1, 2013. The said Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the and is not available for investors who route their investments through a Distributor. All Plans / Options / Facilities offered under the Schemes (other than discontinued plans/options) will also be available for subscription under the Direct Plan. For further details, Investors are requested to refer to addendum dated December 31, 2012. 18 For risk factors, please refer last page
Risk Return Profile at a Glance Equity R E T U R N ELSS Select Midcap E.D.G.E Top 100 Equity Enhancer Absolute Return RISK Debt R E T U R N Liquid Ultra Short Term Bond Short Term Income Gilt Monthly Income Plan RISK Past performance may or may not be sustained in future. 19