JULY 2018 Empower yourself With the stars of tomorrow Invest in This product is suitable for investors who are seeking*: To know more, please consult your Financial Advisor Call Toll Free OR 18002585678 RISKOMETER Investors understand that their principal will be at Moderately High Risk Connect with us: /LICMutual /LICMutual /company/licmutual LongTerm Capital appreciation. A fund that primarily invests in Large and Midcap stocks. Risk Moderately High *Investors should consult their financial advisors if in doubt about whether the product is suitable for them. 18002585678 www.licmf.com MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
MARKET REVIEW demandled inflation would be margin dilutive and it will bring back the discussion on pricing power ability on the table. Moreover, the combined effect of increased cost of capital and INR depreciation likely to have negative implications on domestic and FII flows with effect on multiples. We see FY19 to be a phase of better earnings but volatile returns. As a fund house, we continue to believe consumer centric players with strong distribution networks, differentiated products, no regulatory overhang on manufacturing units, strong urban base and clear competitive advantage are better placed to tide over any market volatility. We now look forward to the first quarter earnings of FY19 with large corporates in IT and banking sector kick starting the earnings season. Mr. Saravana Kumar Chief Investment Officer EQUITY Market Review DEBT Market Review In month of June, global markets were spooked on concerns of escalating trade war between the US and China. Rising crude price, RBI's rate hike and rupee depreciation further impacted negative sentiments. Amid all these uncertainties, SENSEX was flat 0.3% for month of June. The Global Economic Prospects report released by the World Bank projects that India gross domestic product (GDP) to grow at a rate of 7.3 % during the 2010819. The World bank observed that the Indian economy has come out of the disruptions caused by the disruptions caused by the implementation of Goods and Services Tax (GST) in mid2017. On the economy front, April IIP was strong at 4.9%, up from 4.6% in March. CPI inflation for May rose to 4.87% from 4.58% in April, while WPI for May rose to 4.4% from 3.2% in April. FY2018 GDP growth came in at 6.7% compared to 7.1% in 2017. RBI Monetary Policy June 06, 2018 The Reserve Bank of India's Monetary Policy Committee (MPC) hiked policy rates by 25bps and continued with the neutral stance. All six members voted for the hike. Policy at a Glance: Policy Repo Rate 6.25% Hike by 25bps Sectorwise indices For month of June 18, Pharma and IT indices outperformed and returned 7.7% and 3.5% respectively. Utilities underperformed the market during the month returning 8.6%. Reverse Repo Rate Marginal Standing Facility Rate Capital flows: 6.00% 6.50% Hike by 25bps Hike by 25bps The MPC revised CPI inflation for 201819 to 4.84.9 per cent in H120182019 and 4.7 % in H2 20182019 (including the impact of the revision in house rent allowance or HRA by the Central Government). Monsoon, HRA increases by various state governments, implementation of new Minimum Support Price (MSP) formula for kharif crops, significant rise in households' inflation expectations, rising crude oil prices will have an impact on inflation going forward. GVA growth estimate for 201819 has been retained at 7.4% overall GDP growth is projected in the range of 7.57.6 per cent in H1 20182019 and 7.37.4 per cent in H2 20182019. Monsoon continues to remain a significant factor going ahead. The revised formula for MSP for kharif crops may have an impact on inflation. Further rate actions by RBI would be data driven. FIIs were net sellers in the equity to the tune of 4,831 crores (USD 713 million) in June 2018. Cumulative, FIIs sold equity worth 9,670 crores (USD 1.4 billion) in last twelve months i.e. from July17 to June18 and DII bought equity worth 1,30,110 crores (USD 20.02 billion) for the same period. (As on 29th June 2018, Source: SEBI) (June 2018 Avg. 1 USD = INR 67.79). Outlook Southwest Monsoon started off well but by late June it was trending at 5% below the long period average. The Kharif season too has started on a tepid pace as the total crop sown at the end of June'18 is just 16.5mn hectare, 34.5% less than 21.1mn hectare sown during the same period in FY18. Among the crops, pulses (41%), oil seeds (44%), cotton (30.2%) and rice (10.4%) reported maximum decline in sowing while sugarcane sowing reportedly has increased by 1.1% as of Jun'18. We expect Kharif sowing to gain momentum in Jul'18. First week of July the government is likely to announce MSP for kharif crops which will be a significant driver of Indian markets. The minutes of the June MPC meeting released on June 20, 2018 reinstated the cautious approach as reflected in the MPC policy. Uncertainty around the MSP prices continue to linger. However, the biggest potential threat to inflation appears to be crude oil dynamics, which could further worsen the inflationary expectations. Inflation continues to inch upwards while IIP remains stable CPI inflation increased to 4.87% in May 2018 with food and beverages inflation rising to 3.4% Core inflation moved to 6.1% in May2018. WPI inflation rose sharply to 4.43% in May 2018 as against 3.18% in April2018 IIP growth remained steady at 4.9% in April 2018 after 4.6% in March 2018. Manufacturing sector production grew 5.2%, owing to strong growth in capital goods and consumer nondurables Despite oil increasing by 5% in the last week of June, global yields declined on the back of slowdown from escalation of trade war between US and China. EM currencies and equities also fell led by China. During the period April'18 to June'18, foreign investors have pulled out $2.9bn from the Indian equities markets, the highest amount withdrawn during this period, next only to $3.3bn withdrawn during Apr'08 to Jun'08. In the debt market, FIIs pulled out $6.3bn, highest ever withdrawal in any quarter since 2002. Fed Raises Rates Fed FOMC raised federal fund rate by 25 bps to 1.752% and signaled that two more rate hikes are likely in CY2018. However, some of the key macro indicators are showing improving trends. 1) Hiring activities shows signs of improvement as they have picked up from 3% yoy growth in Mar'18, to 21% in Apr'18 and 11% in May'18. 2) Domestic passenger vehicle sales growth accelerated to 19.7% in May'18, highest in the last 20 months. 3) Twowheeler domestic sales continued its doubledigit growth, with 19.2% in May'18. 4) Credit growth in services industry surged to 6year high of 20.7% in Apr'18. 5) Mining activities have showed some pick up and cement and coal output continued to surge in Apr'18. OPEC Meeting The Organization of the Petroleum Exporting Countries (OPEC) agreed to increase their combined production by almost 1 million barrels a day, though questions remain over some members' ability to do so amid domestic trouble and sanctions. OPEC has decided to raise production from July 1,2018 aiming to bring down the overall conformity level to 100% on 1.2 mn b/d of agreed production cut. However, crude prices may still remain elevated due to decline in supplies from Venezuela, disruptions in Libya and Nigeria, potential impact from the US sanctions on Iran from November 2018 and midstream bottlenecks in the US. In time to come, we expect CPI inflation to surge up from the current 4.9% in May 2018 led by higher food, pickup in economic activity and imported inflation. This means CPI inflation trajectory is likely to remain well above the RBI's target rate of 4% in next 12months leading to the RBI most likely increasing repo rates in next 6 months. For Equity markets, rising costled inflation rather than Fixed Income Market Outlook The Indian 10year G Sec yield traded in the range of 7.757.90 per cent during the month of June 2018 and is expected to remain close to the 8 per cent mark in the coming month. The yields will closely track the impact of MSP and crude oil prices on inflation and rupee depreciation. 2
RISKOMETER Name Of The The Product Is Suitable For Investors Who Are Seeking * LIC MF Large Cap Fund Long Term Capital A Fund that primarily invest in largecap stock Risk Moderately High LIC MF Multicap Fund Long Term Capital Appreciation and Current Income. Investing in Large, Mid & Smallcap stocks Risk Moderately High LIC MF Large & Mid Cap Fund LIC MF Tax Plan Long Term Capital Appreciation A Fund that primarily invest in large and midcap stocks Risk Moderately High Long Term Capital Investing in equity and equity related securities. Risk Moderately High LIC MF Index FundSensex Plan LIC MF Index FundNifty Plan LIC MF Exchange Traded Fund Nifty 50 LIC MF Exchange Traded Fund Sensex LIC MF Exchange Traded Fund Nifty 100 LIC MF Banking & Financial Services Fund LIC MF Infrastructure Fund LIC MF Liquid Fund Riskometer Long Term Capital Investment in equity instrument of S&P BSE Sensex Index stocks subject to tracking error. Risk Moderately High Long Term Capital Investment in equity instrument of NIFTY 50 Index stocks subject to tracking errors. Risk Moderately High RISKOMETER Investors understand that their principal will be at moderately high risk. Long Term Investment Investment in securities covered by NIFTY 50 Index, subject to tracking errors. Risk Moderately High Long Term Investment Investment in securities covered by S&P BSE SENSEX, subject to tracking errors. Risk Moderately High Long Term Investment Investment in equity and equity related securities and portfolios replicating the composition of NIFTY 100 Index, subject to tracking errors. Risk Moderately High Capital appreciation over long term Investment predominantly in a portfolio of equity and equity related securities of companies engaged in banking and financial services. Risk High Long Term Capital Investment in equity and equity related instruments of companies directly or indirectly engaged in infrastructure sector. Risk High RISKOMETER Investors understand that their principal will be at high risk. Regular income for short term Investment in debt / money market instruments with maturity of upto 91 days. Risk Low RISKOMETER Investors understand that their principal will be at low risk. *Investors should consult their financial advisors if in doubt about whether the product is suitable for them. 3
RISKOMETER The Product Is Suitable For Investors Who Are Seeking * Name Of The LIC MF Equity Hybrid Fund LIC MF Unit Linked Insurance LIC MF Children s Gift Fund LIC MF GSec Long Term Exchange Traded Fund LIC MF Debt Hybrid Fund LIC MF Bond Fund LIC MF Banking & PSU Debt Fund Long term capital appreciation and current income. Investment in equity and equity related securiries, fixed income securities (debt and money market securities). Risk Moderately High RISKOMETER Long term capital appreciation and current income A fund that invests both in stocks and fixed income instruments. Risk Moderately High Long term capital appreciation and current income Investment in sovereign securities issued by Central State Government. Risk Moderate Medium to long term regular income Investment in securities in line with Nifty 813 yr GSec Index to generate comparable returns subject to tracking errors. Risk Moderate Medium term capital appreciation with current income A fund that invests predominantly in debt instruments with marginal equity exposure. Risk Moderate Income over medium to long term To generate income/capital appreciation through investments in Debt and Money market instruments. Risk Moderate Regular income for medium term capital appreciation with current income An income fund that invests predominantly in debt and money market instruments issued by, PSU s, PFIs and Municipal Bonds. Risk Moderate Regular Income for short term A fund that focuses on low duration securities. Risk Moderate LIC MF Savings Fund Long term capital appreciation with current income. A fund that invests both in stocks and fixed income instruments. Risk Moderately High Investors understand that their principal will be at moderately high risk. LIC MF Government Securities Fund Riskometer *Investors should consult their financial advisors if in doubt about whether the product is suitable for them. 4 RISKOMETER Investors understand that their principal will be at moderate risk.
SCHEME TYPE: An Open Ended Equity Predominantly Investing In Large Cap Stocks To achieve long term capital appreciation by investing in diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However there can be no assurance that the investment objective of the scheme will be achieved. Date of Allotment: September 01, 1994 AUM as on 30/06/2018: 225.06 Cr Average AUM for June 2018: 242.33 Cr % of V Equity Holdings Exit Load: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Maruti Suzuki India Ltd. 9.25% Mahindra & Mahindra Ltd. 3.24% Ashok Leyland Ltd. 3.00% Ancillaries 3.66% Motherson Sumi Systems Ltd. Minimum Investment: 5,000/FUND MAGER: Name: Mr. Sachin Relekar; Experience: 13+ years V AS ON JUNE 29, 2018: V 25.1840 Dividend 17.1019 26.4087 19.4012 9.26% Kotak Mahindra Bank Ltd. 7.55% Cement 2.08% Shree Cements Ltd. 2.08% Larsen & Toubro Ltd. 3.78% KEC International Ltd. 0.45% 8.03% Britannia Industries Ltd. 5.47% Godrej Consumer Products Ltd. 2.57% Hindustan Unilever Ltd. 0.00% 0.92% Tata Steel Ltd. 0.90% 3.32% Tata Steel Ltd. Direct: 1.52% ANNUAL PORTFOLIO TURNOVER RATIO: 0.63 times 0.02% Housing Development Co Ltd. 3.5740 0.0034 0.9083 4.37% Bajaj Ltd. 3.99% 16.81% 15.49% 13.97% 11.54% Retailing 8.03% 4.03% Ancillaries 1.77% 1.77% 1.64% 1.64% 2.20% 2.20% 2.18% 2.18% 1.50% 1.50% 0.98% 0.98% 4.03% 4.03% 11.54% 6.76% 4.77% 1.54% 1.54% 1.29% 1.29% 93.43% 0.04% 0.04% 0.04% 6.52% 3.78% 3.66% 2.20% 2.18% 2.08% Value of lumpsum investment of 10,000/ invested on inception date SECTOR ALLOCATION (% of V) Telecom Services 5.62% Bajaj Finserv Ltd. Cement Industrial Capital Goods 13.97% % of V RISK MEASURES Standard Deviation Sharpe Ratio Portfolio Beta Media & Entertainment Non 3.66% 16.81% Benchmark: Nifty 100 Index EXPENSE RATIO Regular: 2.76% 15.49% Industrial Capital Goods Bharat Electronics Ltd. Cummins India Ltd. Media & Entertainment Zee Entertainment Enterprises Ltd. Non Hindalco Industries Ltd. Reliance Industries Ltd. Piramal Enterprises Ltd. Retailing Avenue Supermarts Ltd. Tata Consultancy Services Ltd. Infosys Ltd. Telecom Services Bharti Airtel Ltd. InterGlobe Aviation Ltd. Equity Holdings Total Mutual Fund/ETF Mutual Fund LIC MF Index FundSensex PlanDR PLNGR Mutual Fund Holding Total/ETF Total Nifty 100 Index* Nifty 100 Index* 11,409 8.69% 13.30% 10,867 11,327 6.42% 10.69% 12,054 13,564 13,309 14.64% 15.38% 19,815 20,465 19,507 3.95% 10.24% 25,184 1,02,081 Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Sachin Relekar is managing the above scheme from 5th March, 2015 and total no. of schemes managed by him is 11. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns.* Benchmark, ** Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 27(3). SIP PERFORMANCE 10 Years Total Amount Invested ( ) SIP Investments 1,20,000 3,60,000 6,00,000 12,00,000 Market Value as on June 29, 2018 ( ) 1,22,529 4,17,121 7,89,105 21,79,845 Returns () (%) * 3.98 9.84 10.93 11.50 1.77% Benchmark Returns () (%) # 7.30 14.22 13.55 13.41 1.64% Additional Benchmark Returns () (%) ## 9.41 14.15 12.78 12.54 1.54% 1.50% 1.29% 0.98% 0.92% Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # Nifty 100 Index, ## Nifty 50 index. Assuming 10,000/ invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * data & TRI value of the Index are not available for since inception, hence performance for such period is not available. 5
SCHEME TYPE: An Open Ended Equity Investing Across Large Cap, Mid Cap, Small Cap Stocks An open ended pure growth scheme seeking to provide capital growth by investing mainly in mix of equity instruments. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. However, there is no assurance that the investment objective of the s will be realized. Date of Allotment: April 15, 1993 AUM as on 30/06/2018: 264.29 Cr Average AUM for June 2018: 315.65 Cr Exit Load: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Benchmark: Nifty 500 Index Minimum Investment: 5,000/FUND MAGER: Name: Mr. Saravana Kumar Experience: 29+ years V AS ON JUNE 29, 2018: V 43.2120 Dividend 14.1422 EXPENSE RATIO Regular: 2.74% 44.7850 17.2698 Direct: 1.49% ANNUAL PORTFOLIO TURNOVER RATIO: 0.80 times RISK MEASURES Standard Deviation Sharpe Ratio Portfolio Beta % of V Equity Holdings Hero MotoCorp Ltd. Mahindra & Mahindra Ltd. Ancillaries Endurance Technologies Ltd. ICICI Bank Ltd. State Bank of India IndusInd Bank Ltd. Kotak Mahindra Bank Ltd. Cement JK Lakshmi Cement Ltd. Chemicals Tata Chemicals Ltd. Navin Fluorine International Ltd. KNR s Ltd Prestige Estates Projects Ltd. Consumer Durables Bajaj Electricals Ltd. Dabur India Ltd. Britannia Industries Ltd. Hindustan Unilever Ltd. Tata Steel Ltd. Jindal Steel & Ltd. 4.6892 0.0609 1.0709 6.79% 4.17% 2.62% 2.07% 2.07% 19.91% 6.14% 4.91% 3.84% 2.56% 2.46% 2.02% 2.02% 5.23% 2.88% 2.36% 3.63% 1.90% 1.73% 2.16% 2.16% 5.51% 3.03% 1.25% 1.23% 2.09% 1.13% 0.96% Value of lumpsum investment of 10,000/ invested on inception date Nifty 500 Index* Nifty 500 Index* 3.78% 11.33% 10,377 11,130 11,409 2.91% 11.27% 10,899 13,775 13,309 10.81% 16.53% 16,713 21,510 19,507 5.97% 12.81% 43,212 2,09,213 SECTOR ALLOCATION (% of V) 19.91% 15.09% % of V 5.40% Housing Development Corporation Ltd. 4.28% HDFC Standard Life Insurance Co Ltd. 1.12% 8.16% AIA Engineering Ltd. 3.56% Supreme Industries Ltd. 2.64% Bharat Forge Ltd. 1.95% 3.12% Reliance Industries Ltd. 2.18% Indian Oil Corporation Ltd. 0.94% 11.33% Aurobindo Pharma Ltd. 4.38% Sun Pharmaceutical Ind Ltd. 2.33% Jubilant Life Sciences Ltd. 2.23% Sanofi India Ltd. 1.49% IPCA Laboratories Ltd. 0.61% Cadila Healthcare Ltd. 0.29% 3.53% Tata Ltd. 3.53% 15.09% Infosys Ltd. 5.25% Tata Consultancy Services Ltd. 4.16% Tech Mahindra Ltd. 2.64% Larsen & Toubro Infotech Ltd. 1.72% KPIT Technologies Ltd. 1.31% Equity Holdings Total 96.04% Total 3.96% Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Saravana Kumar is managing the above scheme from 17th April 2018 and total no. of schemes managed by him is 7. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 27(2). 11.33% 8.16% 6.79% 5.51% 5.40% Chemicals 5.23% SIP PERFORMANCE SIP Investments Total Amount Invested ( ) 1,20,000 3,60,000 6,00,000 12,00,000 10 Years * 1,15,801 3,82,557 6,99,462 18,39,722 3.63% Market Value as on June 29, 2018 ( ) 3.53% Returns () (%) 6.50 4.00 6.09 8.29 Benchmark Returns () (%) # 3.14 13.80 14.11 13.52 Additional Benchmark Returns () (%) ## 9.41 14.15 12.78 12.54 3.12% Consumer Durables 2.16% Ancillaries 2.09% 2.07% Cement 2.02% Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # Nifty 500 Index, ## Nifty 50 Index. Assuming 10,000/ invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * data & TRI value of the Index are not available for since inception, hence performance for such period is not available. 6
To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked SCHEME TYPE: An Open Ended Equity Investing In Both Large Cap And Mid Cap Stocks instruments of large cap and midcap companies. Date of Allotment: February 25, 2015 % of V Equity Holdings Procter & Gamble Hygiene&HealthCare Ltd. AUM as on 30/06/2018: 308.59 Cr Average AUM for June 2018: 304.67 Cr Exit Load: 1% upto 1 year and No Exit Load after Minimum Investment: 5,000/FUND MAGER: Name: Mr. Sachin Relekar Experience: 13+ years EXPENSE RATIO Regular: 2.73% 6.81% Mahindra & Mahindra Ltd. 3.96% Bajaj Ltd. 6.15% Ashok Leyland Ltd. 2.85% Housing Development Co Ltd. 3.80% TI Financial Holdings Ltd. 3.00% Max Financial Services Ltd. 1.46% Motilal Oswal Financial Services Ltd. 0.45% 3.00% Supreme Industries Ltd. 3.00% 1.43% Reliance Industries Ltd. 1.43% 4.08% Sanofi India Ltd. 2.26% Piramal Enterprises Ltd. 1.81% 0.86% 4.09% Tata Ltd. 0.86% 1.89% Retailing 1.98% Brigade Enterprises Ltd. 1.56% Avenue Supermarts Ltd. 1.98% Simplex Infrastructures Ltd. 0.64% 5.46% 3.71% Tata Consultancy Services Ltd. 5.46% KEC International Ltd. 1.96% Telecom Equipment & Accessories 2.68% Voltas Ltd. 1.75% Sterlite Technologies Ltd. 2.68% Consumer Durables 3.13% Textile Products 1.03% Bata India Ltd. 2.04% K.P.R. Mill Ltd. VIP Industries Ltd. 1.09% Equity Holdings Total 5.66% Total Britannia Industries Ltd. 3.97% 11.33% Motherson Sumi Systems Ltd. 3.15% Exide Industries Ltd. 2.98% MRF Ltd. 2.48% Jamna Industries Ltd. 2.33% Tube Investments of India 0.40% 8.99% City Union Bank Ltd. 4.73% 4.26% Chemicals 7.41% Tata Chemicals Ltd. 4.92% Vinati Organics Ltd. V AS ON JUNE 29, 2018: V 14.1567 Dividend 13.0025 14.7634 13.5886 Direct: 1.49% ANNUAL PORTFOLIO TURNOVER RATIO: 1.20 times RISK MEASURES Standard Deviation Sharpe Ratio Portfolio Beta 2.48% KNR s Ltd 4.1738 0.1139 0.9350 14.86% SECTOR ALLOCATION (% of V) Ancillaries 11.33% 8.99% 11.09% 10,564 11,106 11,409 12.77% 13.30% 14,342 14,544 13,309 6.81% 5.66% 5.46% 4.09% 4.08% 3.71% Consumer Durables 3.13% 3.00% 10.96% 11.12% 7.61% 14,157 14,226 12,778 Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Sachin Relekar is managing the above scheme from 5th March 2015 and total no. of schemes managed by him is 11. Date of allotment is 25th Feb 2015, hence returns are available for 1yr, 3 yrs & since inception. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. : Not Available. The Mutual Fund is not guaranteeing or promising or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index. 7.41% Retailing Nifty LargeMidcap 250 Index* 5.66% 14.86% Nifty LargeMidcap 250 Index* TeleEquipment & Accessories 13.48% Chemicals 1.03% 86.52% 1.69% Ancillaries Benchmark: Nifty LargeMidcap 250 Index % of V 2.68% 1.98% 1.43% Textile Products 1.03% 0.86% SIP PERFORMANCE SIP Investments 10 Years Total Amount Invested ( ) 1,20,000 3,60,000 4,00,000 Market Value as on June 29, 2018 ( ) 1,17,158 4,38,851 4,95,363 Returns () (%) 4.41 13.35 12.95 Benchmark Returns () (%) # 1.05 14.75 14.14 Additional Benchmark Returns () (%) ## 9.41 14.15 13.03 Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # Nifty LargeMidcap 250 Index, ## NIFTY 50 INDEX. Assuming 10,000/ invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index. 7
SCHEME TYPE: An Open Ended Equity Investing In Banking & Financial Companies The investment objective of the scheme is to generate longterm capital appreciation for unit holders from a portfolio that in invested substantially in equity and equity related securities of companies engaged in banking and financial services sector. However there can be no assurance that the investment objective of the scheme will be achieved. Date of Allotment: March 27, 2015 AUM as on 30/06/2018: 63.98 Cr Average AUM for June 2018: 66.71 Cr % of V Equity Holdings Exit Load: 1% upto 1 year and No Exit Load after Benchmark: Nifty Financial Services Index Minimum Investment: 5,000/FUND MAGER: Name: Mr. Saravana Kumar Experience: 29+ years V AS ON JUNE 29, 2018: V 10.5458 Dividend 10.5451 EXPENSE RATIO Regular: 3.14% 44.60% ICICI Bank Ltd. 8.11% City Union Bank Ltd. 8.03% 7.35% DCB Bank Ltd. 5.07% The Federal Bank Ltd. 4.98% IndusInd Bank Ltd. 4.65% Axis Bank Ltd. 4.29% Kotak Mahindra Bank Ltd. 2.11% 10.9081 10.8913 Direct: 1.84% ANNUAL PORTFOLIO TURNOVER RATIO: 0.57 times 35.67% Housing Development Corporation Ltd. 8.11% Dewan Housing Corporation Ltd. 6.48% Cholamandalam Investment & Ltd. 5.89% Equitas Holdings Ltd. 3.76% L&T Holdings Ltd. 2.86% Multi Commodity Exchange Of India Ltd. 2.77% Bajaj Ltd. 2.37% ICICI Lombard General Insurance Co. Ltd. 2.02% CRISIL Ltd. 1.42% Equity Holdings Total 80.27% Total RISK MEASURES Standard Deviation Sharpe Ratio Portfolio Beta 6.1479 0.0366 0.9455 SECTOR ALLOCATION (% of V) 44.60% 35.67% Nifty Financial Services Index* Nifty Financial Services Index* 7.63% 16.75% 9,239 11,670 11,409 2.86% 14.68% 10,882 15,081 13,309 19.73% 1.64% 13.99% 9.41% 10,546 15,325 13,407 Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Saravana Kumar is managing the above scheme from 17th April 2018 and total no. of schemes managed by him is 7. Date of allotment is 27th March'2015, hence returns are available only for 1 yr, 3 yrs & since inception. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. SIP PERFORMANCE SIP Investments 10 Years Total Amount Invested ( ) 1,20,000 3,60,000 3,90,000 Market Value as on June 29, 2018 ( ) 1,09,215 3,78,549 4,10,126 16.41 3.30 3.06 12.45 20.85 19.69 9.41 14.15 13.36 Returns () (%) Benchmark Returns () (%) # Additional Benchmark Returns () (%) ## Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # Nifty Financial Services Index, ## Nifty 50 Index. Assuming 10,000/invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index. 8
SCHEME TYPE: An Open Ended Equity Investing In Infrastructure Companies The investment objective of the scheme is to generate longterm growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. However, there is no assurance that the investment objective of the s will be realized. Date of Allotment: March 24, 2008 AUM as on 30/06/2018: 55.53 Cr Average AUM for June 2018: 63.71 Cr % of V Equity Holdings Exit Load: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. 26.06% Minimum Investment: 5,000/FUND MAGER: Name: Mr. Sachin Relekar Experience: 13+ years V AS ON JUNE 29, 2018: V 13.2907 Dividend 13.2917 EXPENSE RATIO Regular: 3.14% 14.0275 13.9350 Direct: 1.64% ANNUAL PORTFOLIO TURNOVER RATIO: 0.64 times 1.98% Minerals/Mining 2.10% 9.05% Coal India Ltd. 2.06% ICICI Bank Ltd. 6.17% Gujarat Mineral Development Co Ltd. 0.04% State Bank of India 5.53% Non 3.74% City Union Bank Ltd. 5.31% Hindalco Industries Ltd. 3.74% 3.65% Reliance Industries Ltd. 2.47% 1.18% 12.46% The Ramco Cements Ltd. 5.58% JK Lakshmi Cement Ltd. 2.75% Ultratech Cement Ltd. 2.20% Indian Oil Corporation Ltd. ACC Ltd. 1.93% 1.96% 7.43% Tata Ltd. 1.96% KNR s Ltd 3.60% TeleEquipment & Accessories 3.04% Brigade Enterprises Ltd. 2.41% Sterlite Technologies Ltd. 3.04% Simplex Infrastructures Ltd. 1.41% Telecom Services 3.61% Bharti Airtel Ltd. 3.61% 5.45% InterGlobe Aviation Ltd. 2.90% 10.06% Sadbhav Engineering Ltd. 3.76% KEC International Ltd. 3.66% Larsen & Toubro Ltd. 2.64% Industrial Capital Goods 2.88% Container Corporation Of India Ltd. Equity Holdings Total 2.88% 6.40% Total 4.42% SECTOR ALLOCATION (% of V) 26.06% Cement 10.06% 6.40% 5.45% Non 3.74% 3.65% Telecom Services 3.61% Industrial Capital Goods Nifty Infrastructure Index* 1.28% 1.04% 9,872 9,896 11,409 2.73% 0.07% 10,842 9,980 13,309 11.66% 8.19% 17,371 14,829 19,507 2.81% 1.39% 9.87% 13,291 8,662 26,294 Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Sachin Relekar managing the above scheme from 1st March 2013 and total no. of schemes managed by him is 11. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. SIP PERFORMANCE 7.43% TeleEquipment & Accessories Nifty Infrastructure Index* 12.46% 11.17% 4.9974 0.0400 0.8884 2.55% 88.83% Bharat Electronics Ltd. SKF India Ltd. RISK MEASURES Standard Deviation Sharpe Ratio Portfolio Beta % of V Cement Benchmark: Nifty Infrastructure Index Cummins India Ltd. 3.04% 2.88% Minerals/Mining 2.10% 1.96% SIP Investments 10 Years Total Amount Invested ( ) 1,20,000 3,60,000 6,00,000 12,00,000 12,30,000 Market Value as on June 29, 2018 ( ) 1,09,767 3,85,043 7,21,523 17,22,175 17,64,585 Returns () (%) 15.59 4.43 7.33 7.03 6.85 Benchmark Returns () (%) # 15.21 3.54 4.30 2.89 2.69 9.41 14.15 12.78 12.54 12.35 Additional Benchmark Returns () (%) ## Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # Nifty Infrastructure Index, ## Nifty 50 Index. Assuming 10,000/invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index. 9
SCHEME TYPE: An Open Ended Equity Linked Saving With A Statutory Lock In Of 3 Years And Tax Benefit To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the s will be realized. Date of Allotment: March 31,1997 AUM as on 30/06/2018: 171.10 Cr Average AUM for June 2018: 172.00 Cr Exit Load: Nil (Subject to lockin period of 3 years) Benchmark: Nifty 500 Index Minimum Investment: /FUND MAGER: Name: Mr. Sachin Relekar Experience: 13+ years V AS ON JUNE 29, 2018: V 63.1246 Dividend 17.2589 EXPENSE RATIO Regular: 2.95% 66.3904 18.2303 Direct: 1.67% ANNUAL PORTFOLIO TURNOVER RATIO: 0.53 times RISK MEASURES Standard Deviation Sharpe Ratio Portfolio Beta 4.0948 0.0300 0.9880 % of V Equity Holdings Maruti Suzuki India Ltd. Ashok Leyland Ltd. Mahindra & Mahindra Ltd. Ancillaries Jamna Industries Ltd. Exide Industries Ltd. Motherson Sumi Systems Ltd. Tube Investments of India Kotak Mahindra Bank Ltd. City Union Bank Ltd. Chemicals Tata Chemicals Ltd. Vinati Organics Ltd. Brigade Enterprises Ltd. KNR s Ltd Simplex Infrastructures Ltd. KEC International Ltd. Consumer Durables Bata India Ltd. Bajaj Electricals Ltd. VIP Industries Ltd. Britannia Industries Ltd. Procter & Gamble Hygiene&HealthCare Ltd. Tata Steel Ltd. Tata Steel Ltd. (Partly Paid) Bajaj Ltd. SECTOR ALLOCATION (% of V) 13.59% 7.18% 6.23% 5.75% 5.61% 4.65% 4.41% 3.88% 3.64% 2.73% 2.14% 2.13% 2.11% 1.88% 1.75% 1.73% 1.47% 1.26% 0.95% 0.77% % of V 2.00% Max Financial Services Ltd. 1.04% 2.73% Supreme Industries Ltd. 1.85% SKF India Ltd. 0.89% Media & Entertainment 1.88% Zee Entertainment Enterprises Ltd. 1.88% Non 2.14% Hindalco Industries Ltd. 2.14% Pesticides 1.26% P I Industries Ltd 1.26% 1.47% Reliance Industries Ltd. 1.47% 3.88% Piramal Enterprises Ltd. 1.26% Jubilant Life Sciences Ltd. 1.04% Sanofi India Ltd. 0.97% Suven Life Sciences Ltd. 0.60% 0.95% Tata Ltd. 0.95% Retailing 1.75% Avenue Supermarts Ltd. 1.75% 5.75% Tata Consultancy Services Ltd. 4.71% Infosys Ltd. 1.04% Telecom Equipment & Accessories 2.11% Sterlite Technologies Ltd. 2.11% Textile Products 2.13% K.P.R. Mill Ltd. 1.18% SRF Ltd. 0.95% Equity Holdings Total 83.86% Total 16.14% Chemicals Ancillaries Consumer Durables Non Textile Products TeleEquipment & Accessories Media & Entertainment Retailing Pesticides 4.75% 2.78% 2.48% 5.61% 2.24% 2.06% 0.91% 0.39% 13.59% 6.41% 3.74% 3.45% 6.23% 3.70% 2.53% 3.64% 1.67% 1.28% 0.69% 1.73% 1.73% 4.65% 2.01% 1.42% 1.22% 4.41% 3.43% 0.99% 0.77% 0.76% 0.01% 7.18% 4.13% TI Financial Holdings Ltd. Nifty 500 Index* Nifty 500 Index* 10.43% 11.33% 11,040 11,130 11,409 8.14% 11.27% 12,646 13,775 13,309 16.97% 16.53% 21,913 21,510 19,507 9.05% 15.07% 13.37% 63,124 1,97,813 1,44,040 Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Sachin Relekar is managing the above scheme from 5th March 2015 and total no. of schemes managed by him is 11. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. *Benchmark, **Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 27(6). SIP PERFORMANCE 10 Years Total Amount Invested ( ) 1,20,000 3,60,000 6,00,000 12,00,000 Market Value as on June 29, 2018 ( ) 1,21,064 4,29,492 8,34,840 23,25,302 SIP Investments * Returns () (%) 1.67 11.85 13.21 12.71 Benchmark Returns () (%) # 3.14 13.80 14.11 13.52 Additional Benchmark Returns () (%) ## 9.41 14.15 12.78 12.54 Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # Nifty 500 Index, ## Nifty 50 Index. Assuming 10,000/ invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * data & TRI value of the Index are not available for since inception, hence performance for such period is not available. 10
SCHEME TYPE: An Open Ended Replicating/Tracking S & P BSE Sensex Index The main investment objective of the fund is to generate returns commensurate with the performance of the index S&P BSE Sensex based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the s will be realized. Date of Allotment: December 05, 2002 AUM as on 30/06/2018: 19.36 Cr Average AUM for June 2018: 16.57 Cr Exit Load: 1% if redeemed or switched out on or before completion of 1 month from the date of allotments of units Benchmark: S&P BSE Sensex Minimum Investment: 5,000/FUND MAGER: Name: Mr. Saravana Kumar Experience: 29+ years V AS ON JUNE 29, 2018: V 65.7011 Dividend 22.5200 % of V 9.11% 9.68% Housing Development Co Ltd. 9.11% 3.32% Minerals/Mining 0.99% Coal India Ltd. 0.99% Non 1.22% Vedanta Ltd. 1.22% Oil 1.28% Oil & Natural Gas Corporation Ltd. 1.28% 8.95% Maruti Suzuki India Ltd. Mahindra & Mahindra Ltd. 2.35% Tata Motors Ltd. 1.44% Hero MotoCorp Ltd. 1.27% Bajaj Ltd. 1.08% Tata Motors Ltd (DVR) 0.22% 31.80% Reliance Industries Ltd. 8.95% 12.24% 1.71% ICICI Bank Ltd. 5.06% Sun Pharmaceutical Ind Ltd. 1.71% Kotak Mahindra Bank Ltd. 4.50% 2.56% State Bank of India 2.82% NTPC Ltd. 1.40% 2.80% Grid Corporation of India Ltd. Axis Bank Ltd. 2.63% Yes Bank Ltd. 1.74% 4.41% Larsen & Toubro Ltd. EXPENSE RATIO Regular: 1.68% 4.41% Direct: 1.15% ANNUAL PORTFOLIO TURNOVER RATIO: 0.28 times RISK MEASURES Tracking Error 0.21% % of V IndusInd Bank Ltd. 67.6494 22.6990 Equity Holdings 11.40% 1.16% 13.18% Infosys Ltd. 7.07% Tata Consultancy Services Ltd. 5.23% Wipro Ltd. 0.88% Telecom Services 1.22% Bharti Airtel Ltd. 1.22% 0.84% ITC Ltd. 6.45% Hindustan Unilever Ltd. 3.32% Adani Ports & Special Economic Zone Ltd. Asian Paints Ltd. 1.63% Equity Holdings Total 1.28% Total Tata Steel Ltd. 1.28% 0.84% 99.63% 0.37% SECTOR ALLOCATION (% of V) 31.80% 13.18% 11,413 11,596 11,409 12,580 13,275 13,309 17,912 19,572 19,507 17.75% 72,425 1,28,557 1,27,380 S&P BSE Sensex* 14.17% 16.00% 7.95% 9.90% 12.35% 14.36% 13.56% 17.82% Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Saravana Kumar is managing the above scheme from 17th April 2018 and total no. of schemes managed by him is 7. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 27(5). 9.68% SIP PERFORMANCE 9.11% S&P BSE Sensex* 11.40% 8.95% 4.41% 2.56% 1.71% SIP Investments 10 Years Total Amount Invested ( ) 1,20,000 3,60,000 6,00,000 12,00,000 18,60,000 Market Value as on June 29, 2018 ( ) 1,27,277 4,38,064 7,91,276 21,09,700 47,03,398 Returns () (%) 11.58 13.22 11.04 10.88 11.09 1.28% Oil 1.28% Benchmark Returns () (%) # 13.24 15.13 12.97 12.76 Non 1.22% Additional Benchmark Returns () (%) ## 9.41 14.15 12.78 12.54 14.09 Telecom Services 1.22% Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # S&P BSE SENSEX, ## NIFTY 50 INDEX. Assuming 10,000/ Minerals/Mining 0.99% 0.84% invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index. : Since TRI data is not available prior to 31/05/2007 for S&P BSE Sensex, performance for such period is not available. 11
The main investment objective of the fund is to generate returns commensurate with the performance of the SCHEME TYPE: An Open Ended Replicating/Tracking Nifty 50 Index index Nifty based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the s will be realized. Date of Allotment: December 05, 2002 AUM as on 30/06/2018: 22.60 Cr Average AUM for June 2018: 22.00 Cr Exit Load: 1% if redeemed or switched out on or before completion of 1 month from the date of allotments of units Benchmark: Nifty 50 Index Minimum Investment: 5,000/FUND MAGER: Name: Mr. Saravana Kumar Experience: 29+ years V AS ON JUNE 29, 2018: V 58.9103 Dividend 21.7301 EXPENSE RATIO Regular: 1.25% 60.5953 22.3225 Direct: 0.69% % of V Equity Holdings Maruti Suzuki India Ltd. Mahindra & Mahindra Ltd. Tata Motors Ltd. Hero MotoCorp Ltd. Eicher Motors Ltd. Bajaj Ltd. Kotak Mahindra Bank Ltd. ICICI Bank Ltd. IndusInd Bank Ltd. State Bank of India Axis Bank Ltd. Yes Bank Ltd. Cement Ultratech Cement Ltd. Grasim Industries Ltd. 8.89% 2.78% 1.99% 1.18% 1.08% 0.96% 0.90% 26.87% 10.26% 4.26% 4.19% 2.34% 2.28% 2.05% 1.49% 1.89% 0.95% 0.93% 3.72% 3.72% 0.84% 0.84% 9.54% 5.38% 2.79% 1.36% 1.05% 1.05% 10.54% 7.58% 1.29% 0.87% 0.80% 0.69% 0.69% 0.70% 0.70% Larsen & Toubro Ltd. Consumer Durables Titan Ltd. ITC Ltd. Hindustan Unilever Ltd. Asian Paints Ltd. Tata Steel Ltd. ANNUAL PORTFOLIO TURNOVER RATIO: 0.50 times Housing Development Corporation Ltd. Bajaj Ltd. Indiabulls Housing Ltd. Bajaj Finserv Ltd. RISK MEASURES Tracking Error 0.29% Gas GAIL (India) Ltd. Media & Entertainment Zee Entertainment Enterprises Ltd. % of V 0.80% 0.80% 1.83% 1.04% 0.79% 1.06% 1.06% 0.52% 0.52% 9.87% 7.96% 0.78% 0.68% 0.46% 3.36% 1.48% 0.74% 0.63% 0.51% 2.14% 1.16% 0.98% 13.15% 5.88% 4.35% 1.23% 0.98% 0.70% 0.58% 0.58% 1.22% 1.22% 0.62% 0.62% 99.88% 0.12% Minerals/Mining Coal India Ltd. Non Vedanta Ltd. Hindalco Industries Ltd. Oil Oil & Natural Gas Corporation Ltd. Pesticides UPL Ltd. Reliance Industries Ltd. Indian Oil Corporation Ltd. Bharat Petroleum Corporation Ltd. Hindustan Petroleum Corporation Ltd. Sun Pharmaceutical Ind Ltd. Cipla Ltd. Dr. Reddy's Laboratories Ltd. Lupin Ltd. NTPC Ltd. Grid Corporation of India Ltd. Infosys Ltd. Tata Consultancy Services Ltd. HCL Technologies Ltd. Tech Mahindra Ltd. Wipro Ltd. Telecom Equipment & Accessories Bharti Infratel Ltd. Telecom Services Bharti Airtel Ltd. Adani Ports & Special Economic Zone Ltd. Equity Holdings Total Total SECTOR ALLOCATION (% of V) 26.87% 13.15% 10.54% S&P BSE Sensex** NIFTY 50* 16.00% 11,187 11,409 9.90% 12,659 13,309 13,275 14.36% 18,065 19,507 19,572 17.75% 17.82% 64,911 1,27,380 1,28,557 NIFTY 50* 11.90% 8.18% 12.54% 12.76% S&P BSE Sensex** 11,596 9.87% 9.54% Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Saravana Kumar is managing the above scheme from 17th April 2018 and total no. of schemes managed by him is 7. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. *Benchmark, **Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 27(4). 8.89% 3.72% 3.36% 2.14% Cement 1.89% Non 1.83% 10 Years Total Amount Invested ( ) 1,20,000 3,60,000 6,00,000 12,00,000 18,60,000 1.05% Market Value as on June 29, 2018 ( ) 1,24,465 4,31,098 7,89,810 21,06,208 45,32,960 0.84% Returns () (%) 7.06 12.11 10.96 10.85 10.67 Benchmark Returns () (%) # 9.41 14.15 12.78 12.54 14.09 13.24 15.13 12.97 12.76 Telecom Services 1.22% Oil 1.06% Consumer Durables Minerals/Mining 0.80% Media & Entertainment 0.70% Gas 0.69% SIP PERFORMANCE SIP Investments 0.62% TeleEquipment & Accessories 0.58% Pesticides 0.52% Additional Benchmark Returns () (%) ## Above returns are as on 29th June, 2018. Past performance may or may not be sustained in the future. # NIFTY 50 INDEX, ## S&P BSE SENSEX. Assuming 10,000/invested systematically on the first Business Day of every month over a period of time. returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index.. : Since TRI data is not available prior to 31/05/2007 for S&P BSE Sensex, performance for such period is not available. 12
The investment objective of the scheme is to provide returns that closely correspond to the total returns of SCHEME TYPE: An Open Ended Replicating/Tracking Nifty 50 Index securities as represented by NIFTY 50 Index, subject to tracking errors. However there is no assurance that the objective of the scheme will be achieved. Date of Allotment: November 20, 2015 AUM as on 30/06/2018: 475.92 Cr Average AUM for June 2018: 469.10 Cr Exit Load: Nil Liquidity: The Units of the scheme will be listed on National Stock Exchange(NSE) & Bombay Stock Exchange Ltd.(BSE). Benchmark: Nifty 50 Index Minimum Investment: For Subscription / Redemption of units directly with Mutual Fund : 50,000 units. For Purchase through Stock Exchange: 1 unit FUND MAGER: Name: Mr. Sachin Relekar Experience: 13+ years V AS ON JUNE 29, 2018: V 110.0759 EXPENSE RATIO Regular: 0.10% % of V 0.81% 8.82% Coal India Ltd. 0.81% Maruti Suzuki India Ltd. 2.77% Non 1.86% Mahindra & Mahindra Ltd. 1.98% Vedanta Ltd. 1.05% Tata Motors Ltd. 1.17% Hindalco Industries Ltd. 0.81% Hero MotoCorp Ltd. 1.06% Oil 1.07% Eicher Motors Ltd. 0.92% Oil & Natural Gas Corporation Ltd. 1.07% Bajaj Ltd. 0.92% Pesticides 0.54% 26.74% UPL Ltd. 0.54% 10.20% 9.83% Kotak Mahindra Bank Ltd. 4.23% Reliance Industries Ltd. 7.92% ICICI Bank Ltd. 4.18% Indian Oil Corporation Ltd. 0.77% IndusInd Bank Ltd. 2.33% Bharat Petroleum Corporation Ltd. 0.70% State Bank of India 2.27% Hindustan Petroleum Corporation Ltd. 0.45% Axis Bank Ltd. 2.08% 3.40% Yes Bank Ltd. 1.45% Sun Pharmaceutical Ind Ltd. 1.47% Cement 1.90% Cipla Ltd. 0.75% Ultratech Cement Ltd. 0.96% Dr. Reddy's Laboratories Ltd. 0.65% Grasim Industries Ltd. 0.94% 3.71% Lupin Ltd. 0.53% Larsen & Toubro Ltd. 3.71% 2.13% Consumer Durables 0.87% NTPC Ltd. 1.15% Titan Ltd. 0.87% 9.50% ITC Ltd. 5.37% SECTOR ALLOCATION (% of V) 13.35% 10.22% 9.83% 9.50% 8.82% 3.71% 3.40% 2.13% 1.90% Cement Non 1.86% Telecom Services 1.21% 1.07% Oil 1.04% Consumer Durables 0.87% Minerals/Mining 0.81% Media & Entertainment 0.72% Gas 0.71% 0.62% TeleEquipment & Accessories 0.61% Pesticides 0.54% 26.74% 0.99% 13.35% 5.86% Tata Consultancy Services Ltd. 4.64% HCL Technologies Ltd. 1.22% Tech Mahindra Ltd. 0.93% Wipro Ltd. 0.70% Telecom Equipment & Accessories 0.61% 7.25% Bharti Infratel Ltd. 0.61% Bajaj Ltd. 1.26% Telecom Services 1.21% Indiabulls Housing Ltd. 0.88% Bharti Airtel Ltd. 1.21% Bajaj Finserv Ltd. 0.83% 0.62% Gas 0.71% Adani Ports & Special Economic Zone Ltd. GAIL (India) Ltd. 0.71% Equity Holdings Total Media & Entertainment 0.72% Total Zee Entertainment Enterprises Ltd. 0.72% Hindustan Unilever Ltd. 2.77% 1.37% 1.04% Tata Steel Ltd. 1.04% 10.22% Housing Development Corporation Ltd. 0.12% Grid Corporation of India Ltd. Infosys Ltd. RISK MEASURES Tracking Error % of V Minerals/Mining Asian Paints Ltd. ANNUAL PORTFOLIO TURNOVER RATIO: 0.07 times Equity Holdings 0.62% 99.66% 0.34% 13.91% NIFTY 50* S&P BSE Sensex** NIFTY 50* S&P BSE Sensex** 16.00% 11,387 11,409 11,596 13.80% 14.11% 14.29% 14,011 14,110 14,169 Above returns are as on 29th June, 2018. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan option. Mr. Sachin Relekar is managing the above scheme from 20th November 2015 and total no. of schemes managed by him is 11. Date of allotment is 20th Nov'2015, hence returns are available only for 1 year & since inception. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. 13