MUTUAL INTEREST August, 2011 Investment Managers: LIC Nomura Mutual Fund Asset Management Company Ltd.

MUTUAL INTEREST August, 2011 Investment Managers: LIC Nomura Mutual Fund Asset Management Ltd. Risk Factors: Mutual Fund and Securities Investments are subject to market risks and there is no assurance and no guarantee that the objectives of the schemes will be achieved. As with any investment in securities, the of the units issued under the scheme can go up or down depending on the factors and forces affecting the capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performances of the schemes and may not necessarily provide a basis of comparison with other investments. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs.2 Cr towards the setting up of the Mutual Fund. Please read the Scheme Information Document, Statement of Additional Information carefully before investing. Statutory Details: Constitution: LIC Nomura Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. Trustee: LIC Nomura Mutual Fund Trustee Private Ltd. Investment Manager: LIC Nomura Mutual Fund Asset Management Ltd. World-class asset management laccess to global research lenhanced offerings of services & products

CEO MESSAGE Dear Readers, Wherever more than one person is involved, communication - be it verbal or otherwise - comes into play. When lakhs of stakeholders are involved as in the case of an AMC, the role of communication assumes vital importance. Shri N. Mohan Raj Director & Chief Executive Officer The Fact Sheet is being modified and contents improved reflecting the spirit of the joint venture. Market Outlook perspective by the Chief Investment Officers - Debt and Equity - will occupy a prominent place along with the performance of schemes and matters of interest to investors and intermediaries. Communication will be more effective only if feedback is received from the readers. We welcome them and look forward to receive them. With Best Wishes, N. Mohan Raj Director & Chief Executive Officer Date: 08/08/2011 2 MUTUAL INTEREST August, 2011

MARKET REVIEW EQUITY MARKET REVIEW Shri Eiichi Oka CIO - Equity The sharper-than-expected interest rate increase by the Reserve Bank of India (RBI) at a policy review on Tuesday, 26 July 2011, concerns over rising inflation and growth projections along with nervousness in the global markets due to a US debt impasse weighed on the domestic market. The broader Benchmark indices 30-share Sensex and 50-share Nifty closed at 18197.20 and 5482 level down by 648.67 points or 3.44% and 165.4 points or 2.93% from the last trading day of the June'11. The equity market was volatile during the entire month. The cabinet reshuffling in the government, monsoon data, poor IIP figures, rising inflation, corporate results were some of the negative triggers on domestic front for the volatility of the stock market. Investors feared the debt-ceiling standoff could force a default or downgrade of US debt. Sectoral Performance: Though the broader indices registered negative growth, the small-cap and mid-cap indices outperformed by posting positive returns in July'11. The FMCG, defensive sector gave a return of 4.91% where as capital goods sector posted -4.64% returns. The other sectoral indices like real estate, IT, metal, oil declined by over 2%. Institutional Flow: The FIIs have been on buying spree in July 2011. They have pumped in Rs.8030.10 crore in Equity during July'11 as against Rs. 4572.20 crore in June 2011. The total inflow in Equities for this calendar year till July'11 is Rs.10700.50 crore. The domestic mutual funds were net buyers only to the extent of Rs543.90 crore against Rs.823.40 crore the previous month. Macro Economy: The Reserve Bank of India announced its first quarter review of Monetary Policy. lthe key policy rate or the repo rate raised 50 bps to 8%. The cash reserve ratio (CRR) remained unchanged. This is the 11th hike since March'10. lmarch end inflation projection revised to 7% from 6%. lgdp growth projection maintained at 8%. lcredit growth projection for FY12 revised to 18% from 19% projected earlier. lmoney supply growth target reduced to 15.5% from 16%. Other factors: lindustrial growth down to a nine-month low of 5.6% YoY in May from 5.8% in the previous month. lthe headline inflation rate (Wholesale Price Index) accelerated to 9.4% YoY in June'11 from 9.1% YoY in May'11. lservice sector PMI (Purchasing Managers Index) up at 56.1 points in June from 55 points in May lthe Net indirect tax receipts up 32% in Q1FY12. lnet direct tax receipts fall 17% due to 200% rise in refunds. lexport growth 45.7% to $79 billion in Q1FY12. Outlook: The Reserve Bank of India is not comfortable with rising inflation pressure and is using a tool of increasing interest rates that is happening at the cost of growth. The first quarterly results though reported robust revenue growth; the profits are under pressure due to rising interest burden and input cost. Most of the companies are giving future outlook of caution and slow growth. Shaky environment in Europe, slow growth in US and rising inflation in Asia are making the global economic situation feeble. The Indian capital markets are in bearish mode currently. Though the equity market is likely to remain volatile for short term period, the long term outlook of India seems to be positive. DEBT MARKET REVIEW Shri V. Chandrasekaran CIO - Debt Tight liquidity condition persisted during the month of July 2011 with Call, Repo & CBLO rates for the month of July 2011 ending at 8.05%, 8.00% & 7.84% respectively. The first quarter review of the monetary policy FY12 unveiled a big surprise as RBI preserved its aggressive anti-inflationary stance, raising the policy rates (for a eleventh consecutive time) by 50 bps, higher than the general consensus of 25 bps. Inflation continues to be the dominant macroeconomic concern. The headline WPI inflation rate for the first quarter of this fiscal year remained stubbornly close to double digits and inflationary pressures continued to be broad-based. Inflation for the month of June 2011 surged to 9.44 per cent from 9.06 per cent in May 2011. India's food price index rose 7.33 percent and the fuel price index climbed 12.12 percent in the year to July 16, RBI Quarterly review Monetary policy FY12 RBI increased the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points taking it from 7.5% to 8.0% and reverse repo rate automatically adjusts to 7%. Marginal Standing Facility (MSF) rate, determined with a spread of 100 bps above the repo rate, stands recalibrated at 9.00%. issued 3 month, 6 months and 1-year maturity CD's at 9.10%, 9.50% and 9.85% respectively. The 10-year bond (7.80% GS 2021) yield ended at 8.45%. The 10-year AAA Corporate Bond yield was at 9.47% as on 29 June 2011. Outlook Inflation would remain the primary concern of the Reserve Bank of India in the coming months. We expect RBI to hike policy rates to reign in inflation. 3

LIC NOMURA MF LIQUID FUND Scheme Type: Debt - Liquid Launch Date: March 11, 2002 AUM as on 31/07/2011: INR 2714.82 Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs. 25000/- Name: Shri Y D Prasanna as on July 31, 2011 Growth Option 18.4148 Dividend Option 10.9801 EXPENSE RATIO : 0.55% ANNUAL TURNOVER RATIO : 3.14 times An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through judicious mix of investment in money market instruments and quality debt instruments. Industry Rating % to Nav MONEY MARKET INSTRUMENTS Certificate Of Deposit AXIS BANK BANKS P1+ 12.06 I D B I BANK BANKS P1+ 11.77 VIJAYA BANK BANKS PR1+ 9.83 UCO BANK BANKS P1+ 7.79 ING VYSYA BANK BANKS P1+ 7.27 ALLAHABAD BANK BANKS A1+ 4.53 CENTRAL BANK OF INDIA BANKS PR1+ 4.51 ANDHRA BANK BANKS PR1+ 3.94 BANK OF MAHARASHTRA BANKS P1+ 3.63 CANARA BANK BANKS A1+ 3.50 FEDERAL BANK BANKS P1+ 2.89 KARUR VYSYA BANK BANKS P1+ 2.77 PUNJAB NATIONAL BANK BANKS PR1+ 2.39 CANARA BANK BANKS P1+ 1.84 I C I C I BANK BANKS A1+ 1.81 I D B I BANKS P1+ 1.81 PUNJAB AND SIND BANK BANKS A1+ 1.70 CORPORATION BANK BANKS P1+ 1.21 INDIAN OVERSEAS BANK BANKS A1+ 0.92 BANK OF INDIA BANKS P1+ 0.92 H D F C BANK BANKS PR1+ 0.92 KOTAK MAHINDRA BANK BANKS P1+ 0.91 STATE BANK OF BIKANER AND JAIPUR BANKS P1+ 0.22 Cash And Call, Current Assets And Receivables 10.85 Scheme Total 100.00 METRICS Average Maturity Duration Std Dev Credit Rating High Low High Low Rate Sensitivity 1.42 months 1.35 months 0% per month Benchmark Return (Crisil Liquid Fund Index) Last 7 days 8.00% 7.34% Last 15 days 8.01% 7.40% Last 1 month 7.88% 7.30% Last 3 months 7.90% 7.72% Last 6 months 8.12% 7.89% Last 1 year 7.46% 7.37% Last 3 years 7.19% 6.64% Last 5 years 8.46% 7.53% Since Inception 8.96% 7.49% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 COMPOSITION BY ASSETS MATURITY PROFILE FOR THE RATING PROFILE FOR THE * For Dividend History refer to page no. 26 4 MUTUAL INTEREST August, 2011

LIC NOMURA MF SAVINGS PLUS FUND Scheme Type: Debt - Short Term Launch Date: May 29, 2003 AUM as on 29/07/2011: INR 363.66 Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs. 5000/- Name: Shri Y D Prasanna as on July 29, 2011 Growth Option 15.9168 Dividend Option - Daily 10.0118 Dividend Option - Weekly 10.0358 Dividend Option - Monthly 10.0887 EXPENSE RATIO : 0.69% ANNUAL TURNOVER RATIO : 2.59 times The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. Industry Rating % to Nav MONEY MARKET INSTRUMENTS Certificate of Deposit UCO BANK BANKS P1+ 20.50 INDIAN OVERSEAS BANK BANKS P1+ 13.73 CANARA BANK BANKS A1+ 7.52 CENTRAL BANK OF INDIA BANKS PR1+ 6.86 CANARA BANK BANKS P1+ 6.83 PUNJAB NATIONAL BANK BANKS PR1+ 6.76 I D B I BANKS P1+ 6.75 ALLAHABAD BANK BANKS A1+ 6.67 ING VYSYA BANK BANKS P1+ 5.41 ORIENTAL BANK OF COMMERCE BANKS P1+ 4.39 BANK OF MAHARASHTRA BANKS P1+ 4.15 I C I C I BANK BANKS A1+ 1.37 Cash and Call, Current Assets and Receivables 9.06 Scheme Total 100.00 Benchmark Return (Crisil Liquid Fund Index) Last 6 months 7.49% 7.88% Last 1 year 6.88% 7.36% Last 3 years 7.19% 6.65% Credit Rating High Low High Low Rate Sensitivity Last 5 years 7.52% 7.53% Since Inception 7.25% 7.19% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 MATURITY PROFILE FOR THE RATING PROFILE FOR THE METRICS Average Maturity Duration Std Dev 0.91 months 0.82 months 0% per month COMPOSITION BY ASSETS * For Dividend History refer to page no. 26 5

LIC NOMURA MF FLOATING RATE FUND Scheme Type: Debt - Floating Launch Date: March 15, 2004 AUM as on 29/07/2011: INR 125.95 Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs. 5000/- Name: Shri Y D Prasanna as on July 29, 2011 Growth Option 16.3847 Dividend Option - Daily 10.0200 Dividend Option - Weekly 10.1565 EXPENSE RATIO : 0.60% ANNUAL TURNOVER RATIO : 1.74 times The investment objective of the Scheme is to generate consistent return by investing mainly in a floating rate instruments / fixed rate instruments swapped forfloating rate return so as to minimize the interest rate risk for the investor. Industry Rating % to Nav MONEY MARKET INSTRUMENTS Certificate Of Deposit I C I C I BANK BANKS A1+ 15.84 STATE BANK OF BIKANER AND JAIPUR BANKS P1+ 15.07 FEDERAL BANK BANKS P1+ 12.10 PUNJAB NATIONAL BANK BANKS PR1+ 11.82 ING VYSYA BANK BANKS P1+ 11.70 ANDHRA BANK BANKS PR1+ 3.95 Cash and Call, Current Assets and Receivables 29.51 Scheme Total 100.00 Benchmark Return (Crisil Liquid Fund Index) Last 6 months 7.22% 7.88% Last 1 year 6.45% 7.36% Last 3 years 7.25% 6.65% Last 5 years 8.83% 7.53% Since Inception 8.70% 7.30% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 Credit Rating High Low MATURITY PROFILE FOR THE RATING PROFILE FOR THE High Low Rate Sensitivity METRICS Average Maturity Duration Std Dev 0.49 months 0.47 months 0% per month COMPOSITION BY ASSETS * For Dividend History refer to page no. 26 6 MUTUAL INTEREST August, 2011

LIC NOMURA MF INCOME PLUS FUND Scheme Type: Debt Launch Date: May 28, 2007 AUM as on 29/07/2011: INR 407.31 Cr Exit Load: Nil Benchmark: Crisil Liquid Fund Index Minimum Investment: Rs. 500000/- Name: Shri Y D Prasanna as on July 29, 2011 An open ended debt scheme which seeks to provide reasonable possible current income - consistent with preservation of capital and providing liquidity - from investing in a diversified portfolio of short-term money market and debt securities. Industry Rating % to Nav MONEY MARKET INSTRUMENTS Certificate of Deposit ALLAHABAD BANK BANKS A1+ 16.96 VIJAYA BANK BANKS PR1+ 14.70 ORIENTAL BANK OF COMMERCE BANKS P1+ 14.44 FEDERAL BANK BANKS P1+ 12.07 UCO BANK BANKS P1+ 8.55 ING VYSYA BANK BANKS P1+ 8.44 AXIS BANK BANKS P1+ 7.26 ANDHRA BANK BANKS PR1+ 6.07 I D B I BANKS P1+ 6.03 I C I C I BANK BANKS A1+ 4.83 Cash and Call, Current Assets and Receivables 0.65 Scheme Total 100.00 Growth Option 13.4725 Dividend Option - Daily 10.0200 Dividend Option - Weekly 10.0292 Dividend Option - Monthly 10.1178 EXPENSE RATIO : 0.53% ANNUAL TURNOVER RATIO : 3.42 times Benchmark Return (Crisil Liquid Fund Index) Last 6 months 8.02% 7.88% Last 1 year 7.10% 7.36% Last 3 years 7.34% 6.65% Since Inception 8.33% 7.10% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 Credit Rating High Low High Low Rate Sensitivity MATURITY PROFILE FOR THE RATING PROFILE FOR THE METRICS Average Maturity Duration Std Dev 1.41 months 1.34 months 0% per month COMPOSITION BY ASSETS * For Dividend History refer to page no. 26 7

LIC NOMURA MF BOND FUND Scheme Type: Debt Launch Date: March 26, 1999 AUM as on 29/07/2011: INR 68.68 Cr Benchmark: Crisil Composite Bond Fund Index Minimum Investment: Rs. 5000/- Name: Shri Y D Prasanna as on July 29, 2011 Growth Option 28.6412 Dividend Option 11.5890 LIC MF Bond fund an open-ended Debt Scheme, will endeavor to generate an attractive return for its investors by investing in a portfolio of quality debt securities and money market instruments. Industry Rating % to Nav Debt Instruments - Bonds/Debentures EXIM BANKS AAA(SO) 7.26 ANDHRA BANK BANKS AAA(SO) 0.42 PUNJAB NATIONAL BANK BANKS PR1+ 3.62 FEDERAL BANK BANKS P1+ 2.70 I R F C FINANCE AAA 14.94 SHRIRAM TRANSPORT FINANCE FINANCE AA 0.15 RURAL ELECTRIFICATION CORPORATION FINANCE AAA 16.80 MAGMA FINCORP FINANCE AA- 14.56 PUNJ LLOYD INDUSTRIAL CAPITAL GOODS AA 17.52 I O C L PETROLEUM PRODUCTS AA+ 12.36 JET AIRWAYS (JUS TRUST) TRANSPORTATION AAA 2.43 Money Market & Net Receibales / Payables Cash and Call, Current Assets and Receivables 7.23 Scheme Total 100.00 EXPENSE RATIO : 1.50% ANNUAL TURNOVER RATIO : 0.38 times Benchmark Return (Crisil Composite Bond Fund Index) Credit Rating High Low High Low Rate Sensitivity Last 6 months 11.70% 6.95% Last 1 year 7.91% 5.30% Last 3 years 9.94% 7.61% Last 5 years 9.26% 6.83% Since Inception 14.64% 7.50% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 METRICS MATURITY PROFILE FOR THE RATING PROFILE FOR THE Average Maturity Duration Std Dev 2.65 years 2.39 years 2.0% per month COMPOSITION BY ASSETS * For Dividend History refer to page no. 26 8 MUTUAL INTEREST August, 2011

LIC NOMURA MF G-SEC FUND Scheme Type: Debt - Gilt Launch Date: November 15, 1999 AUM as on 29/07/2011: INR 90.79 Cr Benchmark: I-Sec Composite Gilt Index Minimum Investment: Rs. 10000/- Name: Shri Y D Prasanna The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the central and /or state Government and /or any security unconditionally guaranteed by the central/ state government for repayment of Principal and interest and/or reverse repos in such securities as and when permitted by RBI. Industry Rating % to Nav Debt Instruments - Bonds/Debentures I O C L AA+ 6.68 Privately Placed / Unlisted NATIONAL HOUSING BANK AAA 15.06 Money market & Net Receivables/Payables Securitised Debt GSEC 8.08% 02/08/2022. (SGF F.V.RS.5.00 CR) Govt Securities SOVEREIGN 10.65 Securitised Debt GSEC 8.13% 21/09/2022 Govt Securities SOVEREIGN 5.34 Cash and Call, Current Assets and Receivables 62.27 Scheme Total 100.00 as on July 29, 2011 Growth Option - Regular 23.4694 Growth Option - PF 13.5331 Dividend Option - Regular 10.9198 Dividend Option - PF 12.9411 EXPENSE RATIO : 1.15% ANNUAL TURNOVER RATIO : 2.09 times Benchmark Return (I-Sec Composite Gilt Index) Last 6 months 9.23% 6.04% Last 1 year 6.88% 5.21% Last 3 years 5.75% 10.46% Last 5 years 5.59% 9.28% Since Inception 11.54% 9.78% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 Credit Rating High Low MATURITY PROFILE FOR THE RATING PROFILE FOR THE High Low Rate Sensitivity METRICS Average Maturity Duration Std Dev 2.42 years 2.18 years 3.0% per month COMPOSITION BY ASSETS 9

LIC NOMURA MF UNIT LINKED INSURANCE SCHEME Scheme Type: Insurance Linked Tax Saving Launch Date: June 19,1989 AUM as on 29/07/2011: INR 126.23 Cr Exit Load: Nil Benchmark: Crisil Balanced Fund Index Minimum Investment: Rs.10000/- under Single Premium Option Rs.1000/- under Regular Premium - Yearly Option Rs.100/- under Regular Premium - Monthly Option Name: Mrs Bichitra Mahapatra as on July 29, 2011 EXPENSE RATIO : 1.98% ANNUAL TURNOVER RATIO : 0.53 times METRICS Dividend Reinvestment 9.8048 Quantitative Indicators - Debt Component Average Maturity Duration Tracking Error Style Growth Value Large Small Market Cap Portfolio Beta 0.8900 R squared 0.9400 1.0% per month 5.0% per month -0.32 per month -0.05 Monthly 2.15 years 1.94 years An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s 80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover. M & M 1.96 TATA MOTORS 1.43 M U L 0.69 H D F C BANK 2.90 S B I 1.48 I C I C I BANK 0.82 PUNJAB NATIONAL BANK 0.62 UNION BANK OF INDIA 0.23 I D B I 0.20 Consumer Non-durables TATA TEA 1.11 TATA STEEL 1.57 JINDAL STEEL & POWER 0.81 HOUSING DEVELOPMENT FINANCE CORPN 2.62 IDFC 0.50 Gas G A I L 1.70 Hotels INDIAN HOTELS 0.28 B H E L 7.14 L & T 3.32 Minerals/mining STERLITE INDUSTRIES 0.76 Oil O N G C 5.24 R I L 4.59 H P C L 1.52 CIPLA 1.46 LUPIN 1.08 DR REDDYS LABORATORIES 0.63 JUBILANT ORGANOSYS 0.12 Power TATA POWER 5.64 INFOSYS TECHNOLOGIES 5.48 TATA CONSULTANCY SERVICES 2.34 H C L TECHNOLOGIES 1.36 Rating DEBT HOLDINGS I R F C Aaa 0.85 SHRIRAM TRANSPORT FINANCE AA 4.42 RURAL ELECTRIFICATION CORPORATION AAA 1.65 MAGMA FINCORP AA- 14.67 RELIANCE CAPITAL AAA 3.16 PUNJ LLOYD AA 5.56 Media & Entertainment DECCAN CHRONICLE AA 5.61 DR REDDYS LABORATORIES AA+ 0.01 Transportation MUNDRA PORT & SEZ AA 1.92 MONEY MARKET INSTRUMENTS FEDERAL BANK P1+ 3.67 OTHER ASSETS Cash and Call, Current Assets and Receivables -1.10 Scheme Total 100.00 COMPOSITION BY ASSETS SECTOR ALLOCATION - Benchmark Return (Crisil Balanced Fund Index) Last 6 months -0.30% 2.06% Last 1 year -0.31% 3.07% Last 3 years 4.08% 10.86% Last 5 years 7.59% 13.25% Since Inception 10.67% N.A. dividend option would be Net of Dividend distribution tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 10 MUTUAL INTEREST August, 2011

LIC NOMURA MF BALANCED FUND Scheme Type: Balanced Launch Date: January 1, 1991 AUM as on 29/07/2011: INR 22.57 Cr Benchmark: Crisil Balanced Fund Index Minimum Investment: Rs.1000/- Name: Mrs. Bichitra Mahapatra as on July 29, 2011 EXPENSE RATIO : 2.10% ANNUAL TURNOVER RATIO : 0.70 times METRICS SECTOR ALLOCATION - Growth Option 55.1622 Dividend Option 11.6549 Quantitative Indicators - Debt Component Average Maturity Duration Tracking Error Style Growth Value Large Small Market Cap Portfolio Beta 0.97 R squared 0.89 2.0% per month 6.0% per month -0.16 per month -0.02 Monthly 1.51 years 1.36 years An open ended Income and Growth scheme which seeks to provide regular returns andcapital appreciation according to the selection of plan by investing in equities and debt instruments. I D B I 4.56 Yes Bank 4.42 Union Bank Of India 3.68 Cement G A C L 2.29 Consumer Non-durables H L L 5.74 Tata Steel 1.25 IDFC 3.35 Gas G A I L 6.14 L & T 3.82 Minerals/mining Sesa Goa 3.65 Non-ferrous Metals Hindalco 5.22 Oil O N G C 1.19 H P C L 1.70 Ranbaxy Laboratories 4.78 Lupin 4.03 Jubilant Organosys 1.06 Power Power Trading Corporation 3.45 H C L Technologies 7.12 Rating DEBT HOLDINGS Punj Lloyd Aa 8.88 PRIVATELY PLACED / UNLISTED Magma Fincorp Aa- 17.65 MONEY MARKET INSTRUMENTS CERTIFICATE OF DEPOSIT Andhra Bank Pr1+ 0.92 OTHER ASSETS Cash And Call, Current Assets And Receivables 5.10 Scheme Total 100.00 COMPOSITION BY ASSETS Benchmark Return (Crisil Balanced Fund Index) Last 6 months -1.18% 2.06% Last 1 year 2.27% 3.07% Last 3 years 5.46% 10.86% Last 5 years 9.21% 13.25% Since Inception 11.38% N.A. dividend option would be Net of Dividend distribution tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 11

LIC NOMURA MF MONTHLY INCOME PLAN Scheme Type: Hybrid Launch Date: June 1, 2003 AUM as on 29/07/2011: INR 97.67 Cr Benchmark: Crisil MIP Blended Index Minimum Investment: Rs.5000/- Name: Mrs. Bichitra Mahapatra as on July 29, 2011 EXPENSE RATIO : 1.93% ANNUAL TURNOVER RATIO : 0.22 times Growth Option 32.9125 Dividend Option - Monthly 9.9985 Dividend Option - Quarterly 10.1812 Dividend Option - Yearly 10.2689 Credit Rating High Low High Low Rate Sensitivity The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments. % Of Nav M & M 0.74 S B I 0.72 Canara Bank 0.45 Union Bank of India 0.30 Construction IRB Infrastructure Developers 0.58 Tata Steel 1.16 Gas G A I L 1.18 B H E L 3.95 Minerals/Mining Sterlite Industries 2.66 R I L 2.37 H P C L 0.98 Ranbaxy Laboratories 0.83 Jubilant Organosys 0.67 Wipro 1.47 Rating DEBT HOLDINGS Rural Electrification Corporation AAA 9.79 Shriram Transport AA 7.77 Mundra Port & Sez AA 10.92 Punj Lloyd AA 12.78 Media & Entertainment Deccan Chronicle AA 3.11 PRIVATELY PLACED / UNLISTED Rural Electrification Corporation AAA 7.34 Magma Fincorp AA- 15.60 Reliance Capital AAA 10.21 MONEY MARKET INSTRUMENTS Cash And Call, Current Assets And Receivables 4.42 Scheme Total 100.00 COMPOSITION BY ASSETS METRICS Quantitative Indicators - Debt Component Average Maturity 2.34 years Duration 2.11 years Tracking Error Portfolio Beta 0.80 R squared 0.72 1.0% per month 2.0% per month -0.12 per month -0.08 Monthly SECTOR ALLOCATION - Benchmark Return (Crisil MIP Blended Index) Last 6 months 3.93% 5.94% Last 1 year 2.24% 4.90% Last 3 years 7.08% 8.75% Last 5 years 9.21% 8.72% Since Inception 16.61% 11.55% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 * For Dividend History refer to page no. 26 12 MUTUAL INTEREST August, 2011

LIC NOMURA MF CHILDREN'S FUND Scheme Type: Balanced Launch Date: September 26, 2001 AUM as on 29/07/2011: INR 5.19 Cr Benchmark: Crisil Balanced Fund Index Minimum Investment: Rs.5000/- Name: Mrs. Bichitra Mahapatra as on July 29, 2011 EXPENSE RATIO : 2.25% ANNUAL TURNOVER RATIO : 0.50 times METRICS SECTOR ALLOCATION - Growth Option 9.8563 Quantitative Indicators - Debt Component Average Maturity Duration Tracking Error Style Growth Value Large Small Market Cap Portfolio Beta 1.53 R squared 0.9 4.0% per month 9.0% per month -0.22 per month -0.08 Monthly 2.05 years 1.95 years An open ended scheme which seeks to generate long term capital growth through a judicious mix of investment in quality debt securities and equities with relatively low risk levels through research based investments. M & M 6.91 Tata Motors 3.65 Hero Honda Motors 1.72 H D F C Bank 4.69 Axis Bank 2.57 Dena Bank 0.82 Allahabad Bank 0.39 Andhra Bank 0.26 Cement G A C L 1.00 Consumer Durables Voltas 2.65 Tata Steel 4.35 S A I L 3.65 Jindal Steel & Power 2.26 I F C I 1.73 Hotels Indian Hotels 2.92 B H E L 1.77 L & T 0.66 Minerals/Mining Sesa Goa 2.12 Sterlite Industries 1.54 Gujrat Nre Coke 0.79 Non-ferrous Metals Hindalco 3.24 R I L 7.96 B P C L 0.15 Tata Consultancy Services 0.44 Transportation Mundra Port & Sez 1.11 Rating DEBT HOLDINGS Punj Lloyd Aa 17.93 Shriram Transport Aa 17.79 MONEY MARKET INSTRUMENTS Cash And Call, Current Assets And Receivables 4.94 Scheme Total 100.00 COMPOSITION BY ASSETS Benchmark Return (Crisil Balanced Fund Index) Last 6 months -9.04% 2.06% Last 1 year -6.56% 3.07% Last 3 years -4.50% 10.86% Last 5 years -5.12% 13.25% Since Inception -0.15% N.A. dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 13

LIC NOMURA MF FLOATER MIP Scheme Type: Hybrid Launch Date: September 21, 2004 AUM as on 29/07/2011: INR 129.03 Cr Benchmark: Crisil MIP Blended Index Minimum Investment: Rs.5000/- Name: Mrs. Bichitra Mahapatra as on July 29, 2011 EXPENSE RATIO : 1.39% ANNUAL TURNOVER RATIO : 0.56 times METRICS SECTOR ALLOCATION - Growth Option 18.5527 Dividend Option - Monthly 10.0722 Dividend Option - Quarterly 10.2614 Dividend Option - Yearly 10.3966 Quantitative Indicators - Debt Component Average Maturity Duration Tracking Error Credit Rating High Low High Low Rate Sensitivity Portfolio Beta 0.76 R squared 0.80 1.0% per month 1.0% per month 0.04 per month 0.01 Monthly 1.32 years 1.19 years The investment objective of the scheme is to generate regular income by investing mainly in floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimize the interest rate risk and at the same time aiming at generating capital appreciation in a long term investing in equity/equity related instruments. M & M 1.39 H D F C Bank 1.51 Bank Of Baroda 1.02 S B I 0.54 Canara Bank 0.36 Tata Steel 1.31 IDFC 0.68 Hotels Indian Hotels 0.29 B H E L 2.71 L & T 1.20 Minerals/Mining Sesa Goa 0.53 Non-ferrous Metals Hindalco 0.59 R I L 1.28 H P C L 1.19 Cipla 1.00 Biocon 0.63 Ranbaxy Laboratories 0.42 Jubilant Organosys 0.33 Power Power Trading Corporation 0.24 H C L Technologies 0.94 Tata Consultancy Services 0.62 Rating DEBT HOLDINGS Reliance Capital AAA 2.28 Shriram Transport AA 12.64 Transportation Mundra Port & Sez AAA 8.64 Media & Entertainment Deccan Chronicle AA 15.67 Punj Lloyd AA 12.00 PRIVATELY PLACED INSTRUMENTS Magma Fincorp AA- 9.34 Reliance Capital AAA 8.50 MONEY MARKET INSTRUMENTS Certificate of Deposit Andhra Bank PR1+ 6.73 OTHER ASSETS Cash And Call, Current Assets And Receivables 5.40 Scheme Total 100.00 COMPOSITION BY ASSETS Benchmark Return (Crisil MIP Blended Index) Last 6 months 6.50% 5.94% Last 1 year 5.00% 4.90% Last 3 years 9.28% 8.75% Last 5 years 11.68% 8.72% Since Inception 12.56% 9.73% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 * For Dividend History refer to page no. 26 14 MUTUAL INTEREST August, 2011

LIC NOMURA MF EQUITY FUND Scheme Type: Equity - Diversified Date of allotment: April 16, 1998 AUM as on 29/07/2011: INR 90.52 Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka As on July 29, 2011 EXPENSE RATIO : 1.59% ANNUAL TURNOVER RATIO : 0.35 times Growth Option 25.6164 Dividend Option 10.0948 Tracking error Style Growth Value Large Small Market Cap 2.0% per month 9.0% per month -0.07 per month 0.03 Monthly 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. TATA MOTORS 2.53 M & M 2.30 HERO HONDA MOTORS 1.38 M U L 0.86 Ancillaries BHARAT FORGE 0.39 I C I C I BANK 5.39 H D F C BANK 5.15 S B I 3.10 AXIS BANK 2.96 KOTAK MAHINDRA BANK 1.48 ANDHRA BANK 0.75 UNION BANK OF INDIA 0.64 I D B I 0.50 YES BANK 0.34 PUNJAB NATIONAL BANK 0.31 BANK OF BARODA 0.29 VIJAYA BANK 0.01 Cement G A C L 0.21 Consumer Durables VIDEOCON INDUSTRIES 0.88 VOLTAS 0.76 Consumer Non-durables I T C 8.38 TATA STEEL 2.50 S A I L 0.98 JINDAL STEEL & POWER 0.32 Fertilisers CHAMBAL FERTILISERS & CHEMICALS 0.24 HOUSING DEVELOPMENT FINANCE CORPN 4.61 I F C I 0.60 Gas G A I L 1.76 Hotels INDIAN HOTELS 0.63 L & T 4.72 B H E L 2.64 SIEMENS 0.16 Minerals/Mining STERLITE INDUSTRIES 1.77 SESA GOA 1.52 COAL INDIA LIMITED 0.73 N M D C 0.66 MOIL LTD 0.03 Non-ferrous Metals HINDALCO 1.43 Oil O N G C 2.92 R I L 8.11 I O C L 1.04 H P C L 0.30 B P C L 0.22 RANBAXY LABORATORIES 0.89 DR REDDYS LABORATORIES 0.88 CIPLA 0.68 Power N T P C 0.84 RELIANCE INFRASTRUCTURE 0.74 POWER GRID CORPORATION OF INDIA 0.46 TATA POWER 0.28 INFOSYS TECHNOLOGIES 6.11 TATA CONSULTANCY SERVICES 3.76 WIPRO 1.84 H C L TECHNOLOGIES 1.08 Telecom Services BHARTI AIRTEL 1.93 Total Equity Holdings 95.98 Other Assets Cash And Call, Current Assets And Receivables 4.02 Total Assets 100.00 Portfolio Beta 1.01 R squared 0.96 Benchmark Return (BSE Sensex) Last 6 months -4.42% -2.17% SECTOR ALLOCATION - TOTAL ASSETS Last 1 year -1.49% 1.14% Last 3 years 8.11% 10.65% Last 5 years 11.97% 14.06% Since Inception 16.16% 11.90% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 15

LIC NOMURA MF GROWTH FUND Scheme Type: Equity - Diversified Date of allotment: September 1, 1994 An open ended pure Growth scheme seeking to provide capital growth by investing mainly in equity instruments and also in debt and other permitted instruments of capital and money markets. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. AUM as on 29/07/2011: INR 111.68 Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka As on July 29, 2011 EXPENSE RATIO : 1.61% ANNUAL TURNOVER RATIO: 0.45 times Growth Option 12.4665 Dividend Option 11.0564 Tracking error Style Growth Value Large Small Market Cap 2.0% per month 1.0% per month M & M 3.17 TATA MOTORS 2.67 HERO HONDA MOTORS 1.36 M U L 0.81 Ancillaries BHARAT FORGE 0.59 H D F C BANK 5.05 S B I 4.62 I C I C I BANK 3.72 AXIS BANK 1.92 I D B I 1.00 KOTAK MAHINDRA BANK 0.96 ANDHRA BANK 0.79 UNION BANK OF INDIA 0.65 YES BANK 0.28 BANK OF BARODA 0.25 PUNJAB NATIONAL BANK 0.22 VIJAYA BANK 0.09 Consumer Durables VOLTAS 0.59 Consumer Non-durables I T C 8.21 BALARAMPUR CHINI MILLS 0.53 TATA STEEL 2.81 S A I L 1.48 JINDAL STEEL & POWER 1.00 JSW STEEL 0.35 HOUSING DEVELOPMENT FINANCE CORPN 4.01 IDFC 1.19 Gas G A I L 2.23 Hotels INDIAN HOTELS 1.02 L & T 6.20 B H E L 2.92 B E M L 0.30 Industrial Products SIEMENS 0.18 Minerals/Mining STERLITE INDUSTRIES 1.79 SESA GOA 1.23 COAL INDIA LIMITED 0.67 N M D C 0.61 Non- HINDALCO 1.60 Oil O N G C 2.60 R I L 5.56 B P C L 0.30 RANBAXY LABORATORIES 0.97 DR REDDYS LABORATORIES 0.78 CIPLA 0.63 Power NEYVELI LIGNITE CORPORATION 0.60 N T P C 0.25 TATA POWER 0.23 POWER TRADING CORPORATION 0.03 INFOSYS TECHNOLOGIES 6.73 TATA CONSULTANCY SERVICES 3.96 WIPRO 1.75 H C L TECHNOLOGIES 0.87 Telecom Services BHARTI AIRTEL 1.62 Transportation MUNDRA PORT & SEZ 0.26 Total Equity Holdings 94.18 Other Assets Cash and Call, Current Assets and Receivables 5.82 0.05 per month 0.05 Monthly Total Assets 100.00 Portfolio Beta 1.05 R squared 0.95 Benchmark Return (BSE Sensex) Last 6 months -5.42% -2.17% SECTOR ALLOCATION - TOTAL ASSETS Last 1 year -1.30% 1.14% Last 3 years 11.12% 10.65% Last 5 years 8.50% 14.06% Since Inception 14.86% 8.60% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 16 MUTUAL INTEREST August, 2011

LIC NOMURA MF TAX PLAN Scheme Type: Equity Linked Savings Scheme Date of allotment: January 10, 1997 AUM as on 29/07/2011: INR 37.11 Cr Exit Load: Nil Benchmark: BSE Sensex Minimum Investment: Rs. 500/- Offered under ELSS - 3 years lock-in period Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 2.20% ANNUAL TURNOVER RATIO: 0.69 times Growth Option 28.5763 Dividend Option 10.2319 Tracking error Style Growth Value Large Small Portfolio Beta 0.97 R squared 0.97 Market Cap 1.0% per month 9.0% per month -0.11 per month 0.02 Monthly To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. M & M 2.52 TATA MOTORS 2.04 M U L 0.97 Ancillaries M R F 1.12 BHARAT FORGE 0.89 H D F C BANK 5.53 I C I C I BANK 4.89 S B I 4.86 KOTAK MAHINDRA BANK 1.57 AXIS BANK 1.52 BANK OF BARODA 0.95 PUNJAB NATIONAL BANK 0.46 UNION BANK OF INDIA 0.39 ALLAHABAD BANK 0.27 VIJAYA BANK 0.17 ANDHRA BANK 0.15 Consumer Durables VOLTAS 1.03 Consumer Non-durables I T C 7.79 TATA STEEL 3.81 JINDAL STEEL & POWER 2.53 S A I L 1.03 HOUSING DEVELOPMENT FINANCE CORPN 3.71 RURAL ELECTRIFICATION CORPORATION 0.68 IDFC 0.51 Gas G A I L 1.79 Hotels INDIAN HOTELS 1.02 L & T 4.16 B H E L 3.22 Minerals/Mining SESA GOA 1.48 N M D C 0.27 Non- HINDALCO 0.45 Oil O N G C 2.64 R I L 6.24 I O C L 0.91 B P C L 0.53 H P C L 0.04 DR REDDYS LABORATORIES 1.28 RANBAXY LABORATORIES 0.87 CIPLA 0.72 Power TATA POWER 0.69 INFOSYS TECHNOLOGIES 7.45 TATA CONSULTANCY SERVICES 4.89 WIPRO 0.84 Telecom Services BHARTI AIRTEL 4.24 IDEA CELLULAR 0.25 Transportation CONCOR 1.18 MUNDRA PORT & SEZ 0.35 Total Equity Holdings 94.91 Other Assets Cash and Call, Current Assets and Receivables 5.09 Total Assets 100.00 Benchmark Return (BSE Sensex) Last 6 months -3.74% -2.17% Last 1 year -0.06% 1.14% Last 3 years 8.12% 10.65% Last 5 years 7.48% 14.06% SECTOR ALLOCATION - TOTAL ASSETS Since Inception 12.32% 30.07% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 17

LIC NOMURA MF INDEX FUND - SENSEX PLAN Scheme Type: Equity - Index Date of allotment: November 14, 2002 AUM as on 29/07/2011: INR 26.31 Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on July 29, 2011 Growth Option 34.1412 Dividend Option 11.7015 Style Growth Value Large Small Market Cap The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. TATA MOTORS 2.44 M & M 2.41 BAJAJ AUTO 1.45 HERO HONDA MOTORS 1.22 M U L 1.19 I C I C I BANK 8.16 H D F C BANK 6.21 S B I 4.56 Construction DLF 0.67 JAIPRAKSH ASSOCIATES 0.54 Consumer Non-durables I T C 7.70 H L L 2.39 TATA STEEL 2.59 JINDAL STEEL & POWER 1.68 HOUSING DEVELOPMENT FINANCE CORPN 6.20 L & T 6.47 B H E L 2.15 Minerals/Mining STERLITE INDUSTRIES 1.65 Non- HINDALCO 1.54 Oil O N G C 3.14 R I L 10.17 CIPLA 1.10 Power N T P C 1.99 TATA POWER 1.46 RELIANCE INFRASTRUCTURE 0.54 INFOSYS TECHNOLOGIES 9.21 TATA CONSULTANCY SERVICES 4.55 WIPRO 1.63 Telecom Services BHARTI AIRTEL 3.96 RELIANCE COMMUNICATION 0.50 Total Equity Holdings 99.44 Other Assets Cash and Call, Current Assets and Receivables 0.56 Total Assets 100.00 EXPENSE RATIO : 1.37% Benchmark Return (BSE Sensex) ANNUAL TURNOVER RATIO : 0.07 times Tracking error Portfolio Beta 0.98 R squared 1.00 1.0% per month 9.0% per month -0.20 per month 0.03 Monthly Last 6 months -1.10% -2.17% Last 1 year 1.66% 1.14% Last 3 years 9.21% 10.65% Last 5 years 8.64% 14.06% Since Inception 27.84% 53.63% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 SECTOR ALLOCATION - TOTAL ASSETS 18 MUTUAL INTEREST August, 2011

LIC NOMURA MF INDEX FUND - NIFTY PLAN Scheme Type: Equity - Index Date of allotment: November 14, 2002 AUM as on 29/07/2011: INR 31.62 Cr Benchmark: S&P CNX Nifty Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 1.16% ANNUAL TURNOVER RATIO : 0.20 times Growth Option 30.3904 Dividend Option 11.2105 Tracking error Style Growth Value Large Small Portfolio Beta 0.99 R squared 1.00 Market Cap 1.0% per month 9.0% per month -0.29 per month 0.02 Monthly The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. M & M 1.99 TATA MOTORS 1.99 BAJAJ AUTO 1.18 HERO HONDA MOTORS 1.01 M U L 0.96 I C I C I BANK 7.15 H D F C BANK 5.20 S B I 3.62 AXIS BANK 2.07 KOTAK MAHINDRA BANK 0.94 PUNJAB NATIONAL BANK 0.89 Cement GRASIM INDUSTRIES 0.84 G A C L 0.64 A C C 0.58 Construction DLF 0.50 JAIPRAKSH ASSOCIATES 0.45 Consumer Non-durables I T C 6.65 H L L 1.99 TATA STEEL 2.25 JINDAL STEEL & POWER 1.36 S A I L 0.45 HOUSING DEVELOPMENT FINANCE CORPN 5.36 IDFC 0.90 RELIANCE CAPITAL 0.39 Gas G A I L 1.24 L & T 5.53 B H E L 1.74 Industrial Products SIEMENS 0.48 Minerals/Mining STERLITE INDUSTRIES 1.36 SESA GOA 0.64 Non- HINDALCO 1.30 Oil O N G C 2.18 CAIRN INDIA 0.69 R I L 8.36 B P C L 0.51 DR REDDYS LABORATORIES 1.20 SUN PHARMACEUTICALS 1.17 CIPLA 0.93 RANBAXY LABORATORIES 0.50 Power N T P C 1.35 TATA POWER 1.24 POWER GRID CORPORATION OF INDIA 0.89 RELIANCE INFRASTRUCTURE 0.45 RELIANCE POWER LTD 0.37 INFOSYS TECHNOLOGIES 8.02 TATA CONSULTANCY SERVICES 3.46 WIPRO 1.18 H C L TECHNOLOGIES 0.71 Telecom Services BHARTI AIRTEL 3.15 RELIANCE COMMUNICATION 0.40 Total Equity Holdings 98.40 Other Assets Cash and Call, Current Assets and Receivables 1.60 Total Assets 100.00 Benchmark Return (S&P CNX Nifty) Last 6 months -0.15% -1.10% Last 1 year 1.77% 1.35% Last 3 years 8.02% 10.28% Last 5 years 10.19% 15.00% SECTOR ALLOCATION - TOTAL ASSETS Since Inception 23.52% 48.65% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 19

LIC NOMURA MF INDEX FUND - SENSEX ADVANTAGE PLAN Scheme Type: Equity - Index Date of allotment: November 14, 2002 AUM as on 29/07/2011: INR 4.53 Cr Benchmark: BSE Sensex Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 1.50% ANNUAL TURNOVER RATIO : 0.98 times Growth Option 32.0437 Dividend Option 11.3350 Tracking error Style Growth Value Large Small Portfolio Beta 0.94 R squared 0.98 Market Cap 1.0% per month 8.0% per month 0.0 per month 0.04 Monthly The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. TATA MOTORS 1.98 M & M 1.98 BAJAJ AUTO 1.30 HERO HONDA MOTORS 1.09 M U L 1.07 I C I C I BANK 7.34 H D F C BANK 5.56 S B I 4.12 KOTAK MAHINDRA BANK 1.97 Cement G A C L 0.86 Construction DLF 0.60 JAIPRAKSH ASSOCIATES 0.48 Consumer Non-durables I T C 6.92 H L L 2.17 TATA STEEL 2.20 JINDAL STEEL & POWER 1.52 HOUSING DEVELOPMENT FINANCE CORPN 5.57 IDFC 1.39 L & T 5.82 B H E L 1.94 Minerals/Mining SESA GOA 2.73 STERLITE INDUSTRIES 1.65 Non- HINDALCO 1.39 Oil O N G C 2.84 R I L 9.17 CIPLA 0.99 Power N T P C 1.79 TATA POWER 1.31 RELIANCE INFRASTRUCTURE 0.49 INFOSYS TECHNOLOGIES 8.31 TATA CONSULTANCY SERVICES 4.10 WIPRO 1.47 Telecom Services BHARTI AIRTEL 3.58 IDEA CELLULAR 0.52 RELIANCE COMMUNICATION 0.45 Total Equity Holdings 96.71 Other Assets Cash and Call, Current Assets and Receivables 3.29 Total Assets 100.00 Benchmark Return (BSE Sensex) Last 6 months -1.71% -2.17% Last 1 year 0.83% 1.14% Last 3 years 10.82% 10.65% Last 5 years 8.40% 14.06% Since Inception 25.42% 53.63% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 SECTOR ALLOCATION - TOTAL ASSETS 20 MUTUAL INTEREST August, 2011

LIC NOMURA MF OPPORTUNITIES FUND Scheme Type: Equity - Diversified Date of allotment: January 31, 2005 AUM as on 29/07/2011: INR 39.43 Cr Benchmark: BSE 200 Minimum Investment: Rs. 5000/- Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 2.07% Growth Option 18.0900 Dividend Option 10.2502 Style Growth Value Large Small Market Cap ANNUAL TURNOVER RATIO : 0.39 times The investment objective of the scheme is to provide capital growth in long-term with reasonable risk levels by investing mainly in companies which are in sector/s, which have a high growth potential at that point of time. TATA MOTORS 2.88 M & M 2.82 M U L 1.91 Ancillaries BHARAT FORGE 0.83 I C I C I BANK 5.79 H D F C BANK 4.48 S B I 3.56 AXIS BANK 1.35 KOTAK MAHINDRA BANK 1.13 BANK OF BARODA 1.04 ANDHRA BANK 0.65 PUNJAB NATIONAL BANK 0.57 ALLAHABAD BANK 0.26 Consumer Non-durables I T C 5.02 TATA STEEL 3.44 JINDAL STEEL & POWER 1.33 S A I L 1.10 HOUSING DEVELOPMENT FINANCE CORPN 5.24 Gas G A I L 2.34 Hotels INDIAN HOTELS 1.40 L & T 4.33 B H E L 3.43 Minerals/Mining N M D C 1.83 SESA GOA 1.81 STERLITE INDUSTRIES 1.72 Non- HINDALCO 2.14 Oil O N G C 2.73 R I L 7.14 I O C L 1.40 B P C L 0.81 DR REDDYS LABORATORIES 1.81 RANBAXY LABORATORIES 1.37 CIPLA 0.47 Power POWER GRID CORPORATION OF INDIA 1.60 POWER TRADING CORPORATION 0.98 INFOSYS TECHNOLOGIES 6.67 TATA CONSULTANCY SERVICES 3.16 H C L TECHNOLOGIES 1.24 WIPRO 1.08 Telecom Services BHARTI AIRTEL 2.77 Total Equity Holdings 95.63 Other Assets Cash and Call, Current Assets and Receivables 4.37 Total Assets 100.00 Tracking error Portfolio Beta 0.87 R squared 0.98 2.0% per month 8.0% per month -0.24 per month 0.01 Monthly Benchmark Return (BSE 200) Last 6 months -7.04% -1.39% Last 1 year -0.85% -1.58% Last 3 years 6.31% 11.25% Last 5 years 7.21% 15.59% Since Inception 12.44% 24.50% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 SECTOR ALLOCATION - TOTAL ASSETS 21

LIC NOMURA MF INDIA VISION FUND Scheme Type: Equity - Diversified Date of allotment: November 23, 2006 AUM as on 29/07/2011: INR 51.03 Cr Benchmark: BSE 200 Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 2.50% Growth Option 8.5273 Dividend Option 8.5268 Style Growth Value Large Small Market Cap ANNUAL TURNOVER RATIO : 0.65 times The investment objective of the Scheme is to generate long-term appreciation by identifying growth sectors and investing in the universe of companies within such sectors. The emphasis will be to pick up undervalued stocks in the mid and small cap segment that have potential to grow into large cap segment in the identified sectors. Investment in large cap stocks in the identified sectors will be purely to take short-term advantage of the market momentum. TATA MOTORS 3.25 M & M 2.64 ASHOK LEYLAND 0.50 Ancillaries BHARAT FORGE 0.66 I C I C I BANK 4.68 S B I 2.98 YES BANK 2.43 I D B I 2.14 AXIS BANK 2.10 H D F C BANK 1.19 BANK OF BARODA 1.03 ORIENTAL BANK OF COMMERCE 1.03 KOTAK MAHINDRA BANK 0.61 VIJAYA BANK 0.25 ANDHRA BANK 0.24 ALLAHABAD BANK 0.24 Construction IRB INFRASTRUCTURE DEVELOPERS 0.42 Consumer Non-durables I T C 5.51 TATA TEA 1.03 TATA STEEL 2.77 HOUSING DEVELOPMENT FINANCE CORPN 6.69 IDFC 1.85 Gas G A I L 1.27 L & T 6.76 B H E L 1.44 Minerals/Mining SESA GOA 1.62 COAL INDIA LIMITED 1.48 STERLITE INDUSTRIES 0.31 Non- HINDALCO 3.46 Oil O N G C 3.37 R I L 5.68 H P C L 1.50 B P C L 0.39 SUN PHARMACEUTICALS 3.04 RANBAXY LABORATORIES 2.22 LUPIN 0.27 JUBILANT ORGANOSYS 0.25 Power POWER TRADING CORPORATION 2.65 INFOSYS TECHNOLOGIES 6.51 TATA CONSULTANCY SERVICES 6.11 H C L TECHNOLOGIES 1.00 Telecom Services BHARTI AIRTEL 1.88 Total Equity Holdings 95.46 Other Assets Cash and Call, Current Assets and Receivables 4.54 Total Assets 100.00 Tracking error Portfolio Beta 0.86 R squared 0.92 3.0% per month 8.0% per month -0.36 per month -0.06 Monthly Benchmark Return (BSE 200) Last 6 months -11.12% -1.39% Last 1 year -4.67% -1.58% Last 3 years -1.83% 11.25% Since Inception -3.20% 8.71% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 SECTOR ALLOCATION - TOTAL ASSETS 22 MUTUAL INTEREST August, 2011

LIC NOMURA MF SYSTEMATIC ASSET ALLOCATION FUND Scheme Type: Equity - Diversified Date of allotment: August 16, 2007 AUM as on 29/07/2011: INR 62.80 Cr Benchmark: Crisil Balanced Fund Index Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 2.19% Growth Option 9.8809 Dividend Option 9.8832 Style Growth Value Large Small Market Cap ANNUAL TURNOVER RATIO : 0.53 times The investment objective of the scheme is to achieve a long term growth by investing systematically in the Equity / Equity related instruments. M & M 3.89 TATA MOTORS 3.39 HERO HONDA MOTORS 2.55 H D F C BANK 4.89 S B I 3.73 AXIS BANK 2.13 BANK OF BARODA 1.40 DENA BANK 0.40 ALLAHABAD BANK 0.10 ANDHRA BANK 0.06 Cement A C C 0.99 Consumer Durables VOLTAS 1.13 Consumer Non-durables I T C 3.98 TATA STEEL 4.50 JINDAL STEEL & POWER 1.87 HOUSING DEVELOPMENT FINANCE CORPN 4.49 IDFC 1.71 Gas G A I L 3.38 Hotels INDIAN HOTELS 1.09 L & T 6.05 B H E L 3.66 Minerals/Mining SESA GOA 1.75 STERLITE INDUSTRIES 1.27 Non- HINDALCO 1.07 Oil O N G C 1.28 R I L 8.57 B P C L 0.94 H P C L 0.91 CIPLA 2.16 RANBAXY LABORATORIES 1.63 Power N T P C 2.14 TATA POWER 1.84 NEYVELI LIGNITE CORPORATION 1.18 INFOSYS TECHNOLOGIES 7.05 TATA CONSULTANCY SERVICES 4.52 Telecom Services BHARTI AIRTEL 3.83 Transportation MUNDRA PORT & SEZ 1.14 Total Equity Holdings 96.68 Other Assets Cash and Call, Current Assets and Receivables 3.32 Total Assets 100.00 Tracking error Portfolio Beta 0.49 R squared 0.80 5.0% per month 5.0% per month -0.18 per month -0.11 Monthly Benchmark Return (Crisil Balanced Fund Index) Last 6 months -7.02% 2.06% Last 1 year -2.66% 3.07% Last 3 years 0.37% 10.86% Since Inception -0.31% 4.29% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 SECTOR ALLOCATION - TOTAL ASSETS 23

LIC NOMURA MF TOP 100 FUND Scheme Type: Equity - Diversified Date of allotment: November 15, 2007 AUM as on 29/07/2011: INR 252.16 Cr Benchmark: CNX 100 Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 2.34% ANNUAL TURNOVER RATIO : 0.35 times Growth Option 7.8200 Dividend Option 7.8198 Tracking error Style Growth Value Large Small Portfolio Beta 0.86 R squared 0.98 Market Cap 2.0% per month 8.0% per month -0.38 per month -0.02 Monthly The investment objective of the scheme is to provide long term capital appreciation from a portfolio of equity and equity related instruments primarily drawn from the companies in CNX 100 index. TATA MOTORS 3.12 M & M 2.57 Ancillaries BHARAT FORGE 1.06 H D F C BANK 3.72 S B I 3.44 AXIS BANK 3.34 BANK OF BARODA 2.92 I C I C I BANK 1.65 I D B I 1.36 UNION BANK OF INDIA 0.85 KOTAK MAHINDRA BANK 0.58 VIJAYA BANK 0.08 Consumer Non-durables I T C 3.06 H L L 1.99 TATA STEEL 3.21 JINDAL STEEL & POWER 0.64 S A I L 0.43 HOUSING DEVELOPMENT FINANCE CORPN 4.31 IDFC 2.10 POWER FINANCE CORPORATION 1.10 Gas G A I L 3.85 Hotels INDIAN HOTELS 0.16 L & T 6.50 B H E L 2.77 Industrial Products SIEMENS 0.60 Minerals/Mining STERLITE INDUSTRIES 2.90 SESA GOA 0.44 Non- HINDALCO 0.57 Oil O N G C 4.26 R I L 7.55 H P C L 1.14 SUN PHARMACEUTICALS 2.46 LUPIN 2.07 RANBAXY LABORATORIES 1.71 CIPLA 0.61 BIOCON 0.25 Power TATA POWER 2.99 RELIANCE INFRASTRUCTURE 0.55 INFOSYS TECHNOLOGIES 5.56 TATA CONSULTANCY SERVICES 3.15 WIPRO 1.55 H C L TECHNOLOGIES 1.06 Telecom Services BHARTI AIRTEL 0.86 Total Equity Holdings 95.07 Other Assets Cash and Call, Current Assets and Receivables 4.32 Total Assets 100.00 Benchmark Return (CNX 100) Last 6 months -6.41% -0.77% Last 1 year -5.05% 0.12% Last 3 years 3.98% 11.78% Since Inception -6.01% -2.62% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 SECTOR ALLOCATION - TOTAL ASSETS 24 MUTUAL INTEREST August, 2011

LIC NOMURA MF INFRASTRUCTURE FUND Scheme Type: Equity - Diversified Date of allotment: January 31, 2008 AUM as on 29/07/2011: INR 134.68 Cr Benchmark: BSE 100 Minimum Investment: Rs. 2000/- Name: Shri Eiichi Oka as on July 29, 2011 EXPENSE RATIO : 2.42% ANNUAL TURNOVER RATIO : 0.18 times Growth Option 8.6479 Dividend Option 8.6477 Tracking error Style Growth Value Large Small Portfolio Beta 0.95 R squared 0.97 Market Cap 2.0% per month 9.0% per month -0.40 per month -0.02 Monthly The investment objective of the scheme is to provide long term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. M & M 3.57 TATA MOTORS 2.32 HERO HONDA MOTORS 0.91 M U L 0.72 Ancillaries BHARAT FORGE 1.15 I C I C I BANK 4.85 H D F C BANK 3.80 S B I 2.61 I D B I 1.73 KOTAK MAHINDRA BANK 1.56 UNION BANK OF INDIA 1.07 ORIENTAL BANK OF COMMERCE 0.78 ANDHRA BANK 0.70 BANK OF INDIA 0.57 AXIS BANK 0.50 Cement A C C 0.75 G A C L 0.19 Consumer Durables VOLTAS 0.89 JINDAL STEEL & POWER 3.23 TATA STEEL 2.94 S A I L 1.47 JSW STEEL 0.57 HOUSING DEVELOPMENT FINANCE CORPN 6.13 IDFC 0.21 Gas G A I L 5.19 Hotels INDIAN HOTELS 1.34 L & T 9.10 B H E L 6.71 Minerals/Mining STERLITE INDUSTRIES 2.88 SESA GOA 1.16 N M D C 0.80 GUJRAT NRE COKE 0.51 Non- HINDALCO 1.25 Oil O N G C 3.99 R I L 8.42 H P C L 1.06 I O C L 1.01 B P C L 0.78 Power TATA POWER 1.91 N T P C 0.20 Telecom Services BHARTI AIRTEL 3.44 IDEA CELLULAR 2.10 Transportation MUNDRA PORT & SEZ 0.53 Total Equity Holdings 95.63 Other Assets Cash and Call, Current Assets and Receivables 4.37 Total Assets 100.00 Benchmark Return (BSE 100) Last 6 months -8.25% -0.95% Last 1 year -9.34% -0.84% Last 3 years 2.45% 10.81% Since Inception -3.96% 0.41% dividend option would be Net of Dividend distriburtion tax, if any. For computation of since inception returns the allotment has been taken as Rs.10.00 SECTOR ALLOCATION - TOTAL ASSETS 25

DIVIDEND HISTORY DIVIDEND HISTORY OF LIC NOMURA MF LIQUID FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit May, 2011 0.07334 June, 2011 0.06980 July, 2011 0.07320 DIVIDEND HISTORY OF LIC NOMURA MF MONTHLY INCOME PLAN Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Yearly April 9, 2009 10.0000 10.1579 0.1400 March 9, 2010 10.0000 11.3475 1.3000 June 14, 2011 10.0000 10.5401 0.3500 DIVIDEND HISTORY OF LIC NOMURA MF SAVINGS PLUS FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Daily May, 2011 0.0483 June, 2011 0.0595 July, 2011 0.0560 Weekly May, 2011 0.0528 June, 2011 0.0514 July, 2011 0.0431 Monthly May, 2011 0.0500 June, 2011 0.0500 July, 2011 0.0462 DIVIDEND HISTORY OF LIC NOMURA MF INCOME PLUS FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Daily May, 2011 0.0515 June, 2011 0.0617 July, 2011 0.0594 Weekly May, 2011 0.0578 June, 2011 0.0563 July, 2011 0.0587 Monthly May, 2011 0.0500 June, 2011 0.0500 July, 2011 0.0500 DIVIDEND HISTORY OF LIC NOMURA MF FLOATER MIP Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Monthly June 30, 2011 10.0000 10.1853 0.1000 Quarterly June 14, 2011 10.0000 10.4283 0.2500 Yearly April 1, 2009 10.0000 10.1687 0.1600 March 9, 2010 10.0000 11.6384 1.5000 June 14, 2011 10.0000 10.9636 0.6500 DIVIDEND HISTORY OF LIC NOMURA MF FLOATING RATE FUND - STP Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Daily May, 2011 0.0524 June, 2011 0.0578 July, 2011 0.0544 Weekly May, 2011 0.0631 June, 2011 0.0565 July, 2011 0.0516 DIVIDEND HISTORY OF LIC NOMURA MF BOND FUND Frequency Record Date Face Value Nav Gross Dividend (Rs.) (Rs.) (Rs.)/unit Quarterly October 11, 2010 10.0000 10.9217 0.05 26 MUTUAL INTEREST August, 2011

Big happiness comes in small investments with Systematic Investment Plan 100/- / Rs.500/- 4th Floor, Industrial Assurance Bldg., Opp. Churchgate Station, Mumbai - 400 020. Tel.: 022-22851661 Risk Factors: Mutual Fund and Securities Investments are subject to market risks and there is no assurance and no guarantee that the objectives of the schemes will be achieved. As with any investment in securities, the of the units issued under the scheme can go up or down depending on the factors and forces affecting the capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performances of the schemes and may not necessarily provide a basis of comparison with other investments. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs.2 Cr towards the setting up of the Mutual Fund. Please read the Scheme Information Document, Statement of Additional Information carefully before investing. Statutory Details: Constitution: LIC Nomura Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. Trustee: LIC Nomura Mutual Fund Trustee Private Ltd. Investment Manager: LIC Nomura Mutual Fund Asset Management Ltd.