birla sun life mutual fund · index birla sun life tax relief ‘96 38 birla sun life tax plan 39...

IndexAll About Mutual Funds 01

Investment Outlook 02

All Product Labeling Disclosures 05

Wealth Creation Solutions 09

Birla Sun Life ‘95 Fund 10

Birla Sun Life Frontline Equity Fund 11

Birla Sun Life Top 100 Fund 12

Birla Sun Life Equity Fund 13

Birla Sun Life Long Term Advantage Fund 14

Birla Sun Life MNC Fund 15

Birla Sun Life Dividend Yield Plus 16

Birla Sun Life Midcap Fund 17

Birla Sun Life Small & Midcap Fund 18

Birla Sun Life Advantage Fund 19

Birla Sun Life India GenNext Fund 20

Birla Sun Life Buy India Fund 21

Birla Sun Life Infrastructure Fund 22

Birla Sun Life Pure Value Fund 23

Birla Sun Life International Equity Fund - Plan A 24

Birla Sun Life International Equity Fund - Plan B 25

Birla Sun Life Commodity Equities Fund - Global Agri Plan (GAP) 26

Birla Sun Life India Reforms Fund 27

Birla Sun Life New Millennium Fund 28

Birla Sun Life India Opportunities Fund 29

Birla Sun Life Special Situations Fund 30

Birla Sun Life Asset Allocation Fund 31

Birla Sun Life Index Fund 34

Birla Sun Life Gold Fund 35

Birla Sun Life Gold ETF 36

Tax Savings Solutions 37

IndexBirla Sun Life Tax Relief ‘96 38

Birla Sun Life Tax Plan 39

Regular Income Solutions 40

Birla Sun Life Monthly Income 41

Birla Sun Life MIP 42

Birla Sun Life MIP II - Wealth 25 Plan 43

Birla Sun Life MIP II - Savings 5 Plan 44

Savings Solutions 45

Birla Sun Life Cash Plus 46

Birla Sun Life Cash Manager 47

Birla Sun Life Savings Fund 48

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) 49

Birla Sun Life Dynamic Bond Fund 50

Birla Sun Life Short Term Opportunities Fund 51

Birla Sun Life Medium Term Plan 52

Birla Sun Life Short Term Fund 53

Birla Sun Life Income Plus 54

Birla Sun Life Floating Rate Fund - Short Term Plan 55

Birla Sun Life Floating Rate Fund - Long Term Plan 56

Birla Sun Life Gilt Plus 57

Birla Sun Life Government Securities Fund 58

Birla Sun Life Enhanced Arbitrage Fund 59

Close Ended Scheme Performance 60

SIP Performance ( For Select Schemes) 61

Fund Manager Wise Scheme Performance 67

Funds at a Glance 68

Investment Objective 72

Dividend History 74

Industry Allocation 76

Dividend History of Flagship Schemes Since Inception 80

01

All About Mutual Funds

What is the way then to help you achieve your financial needs and goals? The answer can be mutual funds. Here are a few things about mutual funds that you must know in order to benefit from them:

What are mutual funds?A mutual fund is a professionally managed collective investment scheme that pools money from many investors. This money is then invested in stocks, bonds, short-term money market instruments, and/or other securities.

Types of mutual fundsMutual funds can broadly be classified as open ended or close ended. While open ended funds are available for subscription and repurchase on a continuous basis and do not have a fixed maturity period, close ended funds are open for subscription only during a specified period at the time of launch of the scheme and have a stipulated maturity period. The funds can further be classified according to the investment objective as:

• Growth or equity funds: The aim of growth funds is to provide capital appreciation over medium to long term. Such schemes normally invest a major part of their corpus in equities and have comparatively high risks.• Debt funds: The objective of debt funds is to generate steady returns while aiming to preserve your capital. They invest only in fixed income instruments like company bonds, debentures, government securities etc.• Balanced funds: These funds invest in both equity and debt in varying proportions. So, their average returns and risk profile also fall some where in between growth and debt funds.

How do mutual funds score over equities? Unlike equity Investments, mutual fund investments do not

require you to analyze and track companies and the ways of the market. Also they can help them stay less affected by the fall in the prices of one particular stock as their returns are derived by overall performance of various stocks that the Mutual Fund invests in.

What’s the right time to buy and sell mutual funds?The right time to buy mutual funds is when the prices of the funds are low or falling. However, the holding period should be determined by the market conditions ideally. For eg. in growth funds a greater holding period can offer greater chance to benefit.

What are SIPs?A systematic investment plan allows you to invest in a fund at regular intervals rather than a lump sum one time amount. SIPs are based on the principle of rupee cost averaging which can help make a fall in scheme’s NAV work to the investor’s advantage. When the NAV falls because of a fall in the market, SIP can help accumulate more units at lower rates while restraining them from going overboard in a rising market by giving fewer units at those higher levels. Further, by staying invested for a long period of time, they may also profit from the appreciation in equities tend to show over the long term.

How do I select the right mutual funds?While choosing a mutual fund, it’s important to keep your objectives, risk appetite and investment budget in mind. You should also keep in mind the performance of the fund over the last couple of years and check the exit load charged by a particular scheme which is charged as a percentage of NAV and has the effect of reducing returns by that amount.

By keeping these simple things in mind, you can make mutual fund investments that can work to your advantage and help in realizing your financial goals.

Rising expenses, children’s education, unexpected emergencies and finally retirement – the demands on people’s money seem to be ever-rising. And savings alone may not prove to be enough to meet them all. Making judicious investments though can make their money work harder. However, most people are reluctant to invest as they find it very puzzling. More so, they don’t have the time to monitor the stock markets.

02

Investment OutlookEquity Investment Outlook

As the biggest events in India this year, the 16th Lok Sabha elections, finally reached consummation Indian equity markets

responded positively to the first decisive mandate in 30 years that was delivered by the electorate. The benchmark indices, Nifty

and Sensex, rose 8% each accompanied by 15% rise in the CNX Midcap Index and 20% move in the Small cap index. Key sectors

that led the gains were Real Estate, Power, Metals and Capital Goods; while those on the losing side were Healthcare and IT,

followed by marginal gains in consumer names.

Fund flows continued to be robust as FIIs upped their ante, deploying higher equity inflows into India. Inflows for May totalled

$2.8bn taking the YTD net buying to an impressive $8.1bn. (citigroup research)

Primary market activity is showing signs of life with deals totalling $936mn going through. We are likely to see more such activity

with money thus raised is going towards de-leveraging corporate balance sheets and preparing for growth phase.

Amongst key economic numbers that came out - India’s current account deficit plunged to low of 0.2% of the GDP in the

March quarter, from 3.6% a year ago as imports declined due to curbs on gold imports. The trade deficit continued to be

in control at $10.1 billion in April compared with $10.5 billion in March 2014. India’s FY14 GDP growth was recorded

at 4.7% with agricultural sector growing at 6.3% vs 3.6% QoQ, the manufacturing sector grew at 1.4% vs -1.9% QoQ.

(Source: Bank of America, Merrill Lynch)

In the near term, markets my pause on consolidate given the recent gains. It may also take cues from important policy

announcements like Union Budget and EXIM policy. We are entering a recovery phase in the economic growth which is expected

to drive acceleration in earnings growth going ahead. This in turn could drive attractive returns compared to other asset classes

over medium to long-term. Investors should not remain on fence lines waiting for perfect 20-20 clarity, for good news and good

(cheap) prices seldom coincide in stock markets.

03

Investment OutlookMacro Outlook

As the elections of the world’s largest democracy concluded in May 2014 electing a government with a landslide majority seen for the first time in the last 30 years, India has successfully entered a new policy landscape. Both equity and bond markets cheered the establishment of such a strong mandate. While the on ground impact of agenda of the new government remains to be seen, the sentiment turnaround has happened already.

On the macroeconomic front, the data prints were a mixed bag.

While retail inflation (CPI) inched up due to higher food prices, wholesale inflation (WPI) moderated substantially owing to a sharp decline in core inflationary pressures. As we go forward, seasonality induced higher food prices may keep the headline print elevated but as the impact of tight monetary policy, prudent fiscal consolidation and appreciating currency becomes prevalent, the inflation trajectory is anticipated to behave well.

GDP growth picked up in FY14 to 4.7%, rising from 4.5% in FY13. The key driver of this moderate move was higher agriculture growth owing to above normal monsoons. Industry and services activity witnessed some decline and thus offset some of the positive impact of higher agriculture growth. As we move in FY15, while there are risks to agri growth rate emanating from delayed monsoons and/or El Nino, but we expect investment activity to start gaining some traction especially given the large stock of stalled projects that are waiting for the green signal. As investment activity starts to show some momentum, the services segment is also likely to benefit. Accordingly we expect FY15 GDP to rise marginally to ~5.2%. The first signs of recovery are already visible in the latest PMI prints where both PMI mnfg and PMI services have shown some expansion, core industrial production for Apr’14 also rose to 4.5% from 2.5% in Mar.

The fiscal deficit as a % of GDP for FY14 came in better than both the budgeted and the previously announced number (BE and RE respectively). Fiscal deficit moderated to 4.5% of GDP in FY14 from 4.9% in FY13. One must appreciate the efforts undertaken by the previous govt. in reigning in the deficit which was tracking an unreasonable path until Sep’12. While the Vote on Account has budgeted a fiscal deficit of 4.1% of GDP for FY15, it remains to be seen how the new govt. charts out its budget in early July. There is a possibility that the headline print sees some upward revision,

but in our view it’s more important to look into nature of expansion (if any) and as long as its non-inflationary in nature, one may look through the increase in the headline print.

Coming in line with our expectations, the CAD for FY14 moderated sharply to 32.4bn$ (1.7% of GDP) from 88bn$ in FY13 (4.8% of GDP). The key driver here was the decline in both gold and non-oil, non-gold imports which lowered the run rate of the trade deficit substantially. Exports pick up also facilitated this process. Despite a surge in capital outflows in H2 of 2013, The BoP saw a healthy 16bn$ surplus in FY14, this was on account of the large dollar inflows garnered via the FCNRB route by the RBI. In FY15 we expect the process of CAD moderation to continue, even as restrictions on gold imports are gradually withdrawn. More importantly we expect massive capital inflows as India places itself with a sound economic template in the EM space. This would eventually result in a big BoP surplus (BSALMC est is 50bn$+ in FY15). This liquidity influx will have its bearing on the yield curve.

Credit Outlook

Credit growth has remained weak in the beginning of the new financial year. However, with a strong government at the centre with a decisive mandate, we expect economic activity to pick up and along with it credit growth too.

Source: RBI, Bloomberg

Investor interest in accrual funds has remained strong. Issuer market activity has also improved with increased flows, however, we believe spreads for some of the transactions recently entered into have been very aggressive. We continue to remain vigilant as always.

Debt Investment Outlook

04

Savings SolutionsWhat are Saving Solutions?

Our Savings Solutions are aimed at preserving your money, providing you with liquidity and giving you tax-efficient returns.

Who can benefit from Saving Solutions?

This is an ideal solution for investors who have low - medium propensity for risk and high liquidity. These can be ideal for first time investors in mutual funds.

Regular Income SolutionsWhat are Regular Income Solutions?

Our Regular Income Solutions aim to preserve your money and provide regular income.

Who can benefit from Regular Income Solutions?

This is an ideal solutions for investors who are interested in alternative modes of regular income, either in present of after retirement stage, and have low propensity for risk. (Regular income is not assured & is subject to availability of distributable surplus.)

Wealth Creation SolutionsWhat are Wealth Creation Solutions?

Our Wealth Creation Solutions aim to grow your money through equity/gold investments and are available in a range of conservative to aggressive options.

Who can benefit from Wealth Creation Solutions?

These solutions can be ideal for investors who are planning for future expenses, like higher education of children, marriage, buying a home etc.These solutions are available in the range of aggressive to conservative options to suit the needs of the investor.

The Financial Solution(s) stated above is ONLY for highlighting the many advantages perceived from investments in Mutual Funds but does not in any manner, indicate or imply, either the quality of any particular Scheme or guarantee any specific performance/returns.

Tax Savings SolutionsWho can benefit from Tax SavingsSolutions?

Tax saving is important, especially when investors can save up to ` 30,900 in taxes! Section 80C of the Income Tax Act, 1961 provides options to save tax by reducing the taxable income by up to ` 1 lakh.But, wealth creation is also important. Isn’t it? That’s why this solution is ideal for investors who would like to create wealth along with tax saving.Tax savings of ` 30,900 is calculated assuming qualifying amount of deduction is ` 1 lakh & investor falls in the top income tax slab of 30% & includes applicable cess. Investors are advised to consult their tax advisor in view of individual nature of tax benefits.Further, Tax deduction(s) available u/s 80C of the Income Tax Act, 1961 is subject to conditions specified therein. Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future.

What are Tax Savings Solutions?

Our Tax Savings Solutions help to reduce your tax burden and at the same time, aim to grow your money through equity investments.

05

All Product Labeling DisclosuresWEALTH CREATION SOLUTIONS

Name of Scheme This product is suitable for investors who are seeking*:Birla Sun Life ’95 Fund (An Open ended Balanced Scheme)

long term capital growth and income• investment predominantly in equity and equity related securities as well as debt and money market instruments• high risk • ▄ (BROWN)

Birla Sun Life Frontline Equity Fund (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities, diversified across various industries in line with the benchmark index, • S&P BSE 200high risk • ▄ (BROWN)

Birla Sun Life Top 100 Fund (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities of top 100 companies as measured by market capitalisation• high risk • ▄ (BROWN)

Birla Sun Life Equity Fund (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities• high risk • ▄ (BROWN)

Birla Sun Life Long Term Advantage Fund (An Open ended Diversified Equity Scheme)


Birla Sun Life MNC Fund (An Open ended Growth Scheme)

long term capital growth• investments primarily in equity and equity related securities of multinational companies (MNCs)• high risk • ▄ (BROWN)

Birla Sun Life Dividend Yield Plus (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities of companies having relatively high dividend yield• high risk • ▄ (BROWN)

Birla Sun Life Midcap Fund (An Open ended Growth Scheme)

long term capital growth• investments primarily in mid cap stocks• high risk • ▄ (BROWN)

Birla Sun Life Small & Midcap Fund (An Open ended Small and Mid Cap Equity Scheme)

long term capital growth• investments predominantly in equity and equity related securities of companies considered to be small and midcap.• high risk • ▄ (BROWN)

Birla Sun Life Advantage Fund (An Open ended Growth Scheme)


Birla Sun Life India GenNext Fund (An Open ended Growth scheme)

long term capital growth• investments in equity and equity related securities of companies that are expected to benefit from the rising consumption • patterns in India fuelled by high disposable incomes high risk • ▄ (BROWN)

Birla Sun Life Buy India Fund (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities of companies driven by India’s large population and inherent • consumption patterns with focus on consumer and healthcare sectorshigh risk • ▄ (BROWN)

Birla Sun Life Infrastructure Fund (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities of companies that are participating in the growth and development of • Infrastructure in Indiahigh risk • ▄ (BROWN)

Birla Sun Life Pure Value Fund (An Open ended Diversified Equity Scheme)

long term capital growth• investments in equity and equity related securities by following value investing strategy.• high risk • ▄ (BROWN)

Birla Sun Life International Equity Fund-Plan A (An Open ended Diversified Equity Scheme)

long term capital growth• investments predominantly in equity and equity related securities in the international markets• high risk • ▄ (BROWN)

Birla Sun Life International Equity Fund-Plan B (An Open ended Diversified Equity Scheme)

long term capital growth• investments in equity and equity related securities in the domestic market (65 to 75%) and in international markets (25 to • 35%) high risk • ▄ (BROWN)

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Note : Risk is represented as:

(BLUE) Investors understand thattheir principal will be at low risk

(YELLOW) Investors understand that their principal will be at medium risk

(BROWN) Investors understand thattheir principal will be at high risk

06

Name of Scheme This product is suitable for investors who are seeking*:Birla Sun Life Commodity Equities Fund - Global Agri Plan (GAP)(An Open ended Growth Scheme)

long term capital growth• investments in stocks of Agri commodity companies, i.e., companies engaged in or focusing on the Agri business, whether • issued in India or overseashigh risk • ▄ (BROWN)

Birla Sun Life India Reforms Fund (An Open ended Equity Scheme)

long term capital growth• investments in equity and equity related securities of companies expected to benefit from the economic reforms, PSU • divestment and increased government spendinghigh risk • ▄ (BROWN)

Birla Sun Life New Millennium Fund (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities with a focus on investing in IT, media, telecom related and other • technology enabled companieshigh risk • ▄ (BROWN)

Birla Sun Life India Opportunities Fund (An Open ended Growth Scheme)

long term capital growth• investments in equity and equity related securities of companies that seek to leverage India’s competitive advantages in • global outsourcing theme.high risk • ▄ (BROWN)

Birla Sun Life Special Situations Fund (An Open ended Diversified Equity Scheme)

long term capital growth• investments in equity and equity related securities by following investment strategy that would take advantage of Special • Situations like buy backs, open offers, demerger etc. & contrarian investment style.high risk • ▄ (BROWN)

Birla Sun Life Asset Allocation Fund – Aggressive Plan (An Open ended Fund of Funds Scheme)

long term capital growth and income• investments in basket of equity and debt mutual fund schemes• high risk • ▄ (BROWN)

Birla Sun Life Asset Allocation Fund – Moderate Plan (An Open ended Fund of Funds Scheme)

long term capital growth and income• investments in basket of equity and debt mutual fund schemes• medium risk • ▄ (YELLOW)

Birla Sun Life Asset Allocation Fund – Conservative Plan (An Open ended Fund of Funds Scheme)

long term capital growth and income• investments in basket of debt and equity mutual fund schemes• medium risk • ▄ (YELLOW)

Birla Sun Life Index Fund (An Open ended Index Linked Scheme)

long term capital growth• investments in stocks in line with CNX Nifty and / or in exchange traded derivatives on the CNX Nifty to generate • comparable returns, subject to tracking errors. high risk • ▄ (BROWN)

Birla Sun Life Gold Fund (An Open ended Fund of Fund Scheme)

returns in line with performance of Birla Sun Life Gold ETF (BSL GETF) over long term• investments predominantly in units of Birla Sun Life Gold ETF. BSL GETF invests in physical gold of 99.5% purity • (fineness)high risk • ▄ (BROWN)

Birla Sun Life Gold ETF (An Open ended Gold Exchange Traded Fund)

returns that are in line with the performance of gold over long term, subject to tracking errors.• investments in physical gold of 99.5% purity (fineness)• high risk • ▄ (BROWN)

TAX SAVINGS SOLUTIONS

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

long term capital growth• investments in equity and equity related securities, with tax benefit under section 80C, subject to eligibility • high risk • ▄ (BROWN)

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

long term capital growth• investments in equity and equity related securities, with tax benefit under section 80C, subject to eligibility • high risk • ▄ (BROWN)

#Tax deduction(s) available u/s 80C of the Income Tax Act, 1961 is subject to conditions specified therein. Investors are requested to note that Fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future. Investors are advised to consult their tax advisor in view of individual nature of tax implication.






All Product Labeling Disclosures

07

REGULAR INCOME SOLUTIONS

Name of Scheme This product is suitable for investors who are seeking*:Birla Sun Life Monthly Income (An Open ended Income Scheme. Monthly income is not assured and is subject to availability of distributable surplus)

regular income with capital growth over medium to long term• investments in debt and money market instruments as well as equity and equity related securities [upto 15%]• medium risk • ▄ (YELLOW)

Birla Sun Life MIP (An Open ended Income Scheme. Monthly income is not assured and is subject to availability of distributable surplus)

regular income with capital growth over medium to long term.• investments in debt and money market instruments as well as equity and equity related securities [upto 15%].• medium risk • ▄ (YELLOW)

Birla Sun Life MIP II - Wealth 25 Plan (An Open ended Income Scheme. Monthly income is not assured and is subject to availability of distributable surplus)

regular income with capital growth over medium to long term• investments in debt and money market instruments as well as equity and equity related securities [20-30%]• medium risk • ▄ (YELLOW)

Birla Sun Life MIP II - Savings 5 Plan (An Open ended Income Scheme. Monthly income is not assured and is subject to availability of distributable surplus)

regular income with capital growth over medium to long term• investments in debt and money market instruments as well as equity and equity related securities [0-10%]• medium risk • ▄ (YELLOW)

SAVINGS SOLUTIONSBirla Sun Life Cash Plus (An Open ended Liquid Scheme)

reasonable returns with high levels of safety and convenience of liquidity over short term• investments in high quality debt and money market instruments with maturity of upto 91 days only• low risk • ▄ (BLUE)

Birla Sun Life Cash Manager (An Open ended Income Scheme)

reasonable returns with convenience of liquidity over short term• investments in a basket of debt and money market instruments of very short maturities• low risk • ▄ (BLUE)

Birla Sun Life Savings Fund (An Open ended Short Term Income Scheme)

reasonable returns with convenience of liquidity over short term• investments in debt and money market instruments• low risk • ▄ (BLUE)

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) (An Open ended Short Term Income Scheme)

reasonable returns with convenience of liquidity over short term• investments in debt and money market securities with relatively low levels of interest rate risk• low risk • ▄ (BLUE)

Birla Sun Life Dynamic Bond Fund (An Open ended Income Scheme)

income with capital growth over short term• investments in actively managed portfolio of high quality debt and money market instruments including government • securities.low risk • ▄ (BLUE)

Birla Sun Life Short Term Opportunities Fund (An Open ended Income Scheme)

income with capital growth over short to medium term• investments in debt and money market instruments with short to medium term maturities across the credit spectrum within • the investment grademedium risk • ▄ (YELLOW)

Birla Sun Life Medium Term Plan (An Open ended Income Scheme)

income with capital growth over medium to long term• investments in debt and money market instruments• medium risk • ▄ (YELLOW)

Birla Sun Life Short Term Fund (An Open ended Income Scheme)

income with capital growth over short term• investments in debt and money market instruments.• low risk • ▄ (BLUE)

Birla Sun Life Income Plus(An Open ended Income Scheme)

income with capital growth over medium to long term• investments in a combination of debt and money market instruments including government securities of varying maturities• medium risk• ▄ (YELLOW)







08

Name of Scheme This product is suitable for investors who are seeking*:Birla Sun Life Floating Rate Fund - Short Term Plan(An Open ended Income Scheme)

reasonable returns with convenience of liquidity over short term• investments in debt and money market instruments with maturity of upto 91 days only• low risk • ▄ (BLUE)

Birla Sun Life Floating Rate Fund - Long Term Plan (An Open ended Income Scheme)

income with capital growth over short term• investments in a mix of fixed and floating rate debt and money market instruments• low risk • ▄ (BLUE)

Birla Sun Life Gilt Plus - Liquid Plan (An Open ended Government Securities Scheme)

income with capital growth over short term• investments exclusively in Government Securities• low risk • ▄ (BLUE)

Birla Sun Life Gilt Plus - PF Plan (An Open ended Government Securities Scheme)

income with capital growth over medium to long term• investments exclusively in Government Securities• low risk • ▄ (BLUE)

Birla Sun Life Gilt Plus - Regular Plan (An Open ended Government Securities Scheme)

credit risk-free returns based on their own view on interest rate scenario over short to medium term • investments in a portfolio of Central Government securities of around 10 year average maturity.• low risk • ▄ (BLUE)

Birla Sun Life Government Securities Fund - Long Term Plan (An Open ended Gilt Scheme)

income with capital growth over medium to long term• investments exclusively in Government Securities• low risk • ▄ (BLUE)

Birla Sun Life Government Securities Fund - Short Term Plan (An Open ended Gilt Scheme)

income with capital growth over short term• investments exclusively in Government Securities• low risk • ▄ (BLUE)

Birla Sun Life Enhanced Arbitrage Fund (An Open ended Equity Scheme)

income over short term• investments in equity and equity related securities including derivatives for taking advantage from the price differentials/• mis-pricing prevailing for stock/index in various segments (Cash & Futures)low risk • ▄ (BLUE)

CLOSE ENDED SCHEMES - PRODUCT LABELBirla Sun Life Capital Protection Oriented Fund - Series 7, 12, 13 & 14 (A Close ended Capital Protection Oriented Scheme)

capital protection and capital appreciation linked to equity market at the end of medium / long term tenure• investments in highest rated debt and money market instruments maturing on or before the tenure of the scheme and • exposure to derivative instruments (long call options)low risk • ▄ (BLUE)

Birla Sun Life Capital Protection Oriented Fund - Series 9, 10, 11, 16, 17, 18 & 19(A Close ended Capital Protection Oriented Scheme)

capital protection and capital appreciation linked to equity market at the end of medium / long term tenure• investments in highest rates debt and money market instruments maturing on or before the tenure of the scheme and • equity and equity related securitieslow risk • ▄ (BLUE)

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.Note : Risk is represented as:





09

Wealth Creation Solutions

What are Wealth CreationSolutions?

Our Wealth Creation Solutions aim to grow your money through equity/gold investments and are available in a range of conservative to aggressive options.

Who can benefit from Wealth Creation Solutions?

Equity may be considered as an ideal option to give attractive long term returns and hence may be used for funding long-term needs (like child’s education, buying a home etc.)

Benefits of Wealth Creation Solutions:

Tax Free Returns: No capital gains tax (on withdrawal) if you stay invested for over a year as per current tax laws.

Invest in the long-term to overcome short-term ups and downs.

Risk is lowered: Mutual funds invest in many companies and funds are managed by experts; which can be considered as an alternative to direct investment in shares.

Investors are requested to consult their tax advisor before investing for individual nature of tax benefit. The Financial Solution (Wealth Creation Solution) stated above is ONLY for highlighting the many advantages perceived from investments in Mutual Funds but does not in any manner, indicate or imply, either the quality of any particular Scheme or guarantee any specific performance/returns.

10

Birla Sun Life ‘95 Fund

What is it?A fund that seeks to achieve long-term growth of your investment at moderate levels of risk by striking a balance betweenpotential growth of equity and relative safety of debt.

As on May 30, 2014

Fund Details

Fund Manager: Mr. Mahesh Patil & Mr. Prasad DhondeManaging Fund Since: January 16, 2014Total Experience: 22 years & 13 yearsDate of inception: February 10, 1995Nature of the scheme: An Open-ended Balanced SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)

SIP:Monthly: Minimum ` 1,000/- plus 5 post dated cheques for a minimum of ` 1,000/- each.NAV of Plans / Options (`)Regular Plan Growth: 436.67 Dividend: 129.03 Direct Plan$ Growth: 440.73 Dividend: 140.11 Benchmark: CRISIL Balanced Fund Index

Quarterly Average AUM: ` 646.17 Crores(as on 31st March 2014)Load Structure (as % of NAV) (Incl. for SIP) Entry Load: NilExit Load**: 1% if redeemed / switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.Other Parameter Modified Duration: 4.71 yearsYield to Maturity: 9.72%Standard Deviation: 13.02%Sharpe Ratio##: 0.28 Beta: 1.01

WEALTH CREATIONSOLUTIONS

Rating Profile of portfolio

Issuer % to net Assets Rating Issuer % to net Assets Rating

State Government Securities 6.11% LIC Housing Finance Ltd 3.68% Government of India 4.89% Rural Electrification Corporation Ltd 3.33% CRISIL AAALarsen & Toubro Ltd 4.71% HDFC Bank Ltd 3.03% ICICI Bank Ltd 4.42% Tata Motors Ltd 2.57% DLF Ltd 4.01% ICRA A The Federal Bank Ltd 2.15%

Top Ten Portfolio Holdings

Note:Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer.## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).

Date of Inception: Feb 10, 1995 NAV Per Unit. *

(`)


(%)

CRISIL Balanced

Fund Index # (%)

CNX Nifty ## (%)

Value of Standard Investment of ` 10000 in

Birla Sun Life ‘95 Fund (`)

CRISIL Balanced

Fund Index # (`)

CNX Nifty## (`)

Since inception till March 31, 2014 (CAGR)

10.00 21.40 N/A 10.24 409907 N/A 64640

March 28, 2013 to March 31, 2014 (Absolute)

103.30 18.30 13.40 17.98 11830 11340 11798


99.55 8.61 8.18 7.31 10861 10818 10731


113.69 -2.54 -3.17 -9.23 9746 9683 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme benchmark returns are not available, they have not been shown.Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Mahesh Patil is 6. Total Schemes managed by Mr. Prasad Dhonde is 19. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.

Investment Performance - Regular Plan - Dividend NAV as on March 31, 2014: ` 116.01

$‘Direct Plan’ is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor. For further details, Investors are advised to refer to Addendum no. 44/2012 dated December 27, 2012 available on our website www.birlasunlife.com

74.01% 11.00% 6.67% 4.32% 4.01%

Unrated SOVAAA Cash & Current AssetsBelow AA

11

Birla Sun Life Frontline Equity Fund

What is it?A diversified equity fund that invests across sectors in line with S&P BSE 200 Index, with a bias for large caps but not exclusively focused on them.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Mahesh PatilManaging Fund Since: November 17, 2005Total Experience: 22 yearsDate of inception: August 30, 2002Nature of the scheme: An Open-ended Growth Scheme

Application Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)

SIP:Monthly: Minimum ` 1,000/- plus 5 post dated cheques for a minimum of ` 1,000/- each.

NAV of Plans / Options (`)Regular Plan Growth: 129.88 Dividend: 25.00Direct Plan$ Growth: 131.33 Dividend: 29.29 Benchmark: S&P BSE 200

Quarterly Average AUM: ` 3,916.66 Crores(as on 31st March 2014)

Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 1% if redeemed / switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.Other ParameterStandard Deviation: 17.71%Sharpe Ratio##: 0.32 Beta: 0.92


Note:Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer.## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).

Date of Inception: Aug 30, 2002

NAV Per Unit. *

(`)


(%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life Frontline

Equity Fund (`)

S&P BSE 200 # (`)

CNX Nifty## (`)


10.00 23.56 18.42 17.73 116170 70992 66339


94.67 22.71 17.19 17.98 12271 11719 11798


83.07 13.96 6.03 7.31 11396 10603 10731


89.90 -7.60 -9.28 -9.23 9240 9072 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Mahesh Patil is 6. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.

Investment Performance - Regular Plan - Growth NAV as on March 31, 2014: ` 116.17


Issuer % to net Assets Issuer % to net Assets

ICICI Bank Ltd 6.11% Reliance Industries Ltd 3.21%

Larsen & Toubro Ltd 5.18% State Bank of India 2.90%

HDFC Bank Ltd 4.25% Oil & Natural Gas Corporation Ltd 2.66%

ITC Ltd 4.17% Tech Mahindra Ltd 2.53%

Infosys Ltd 3.22% Tata Motors Ltd 2.52%


Fund Manager: Mr. Mahesh PatilManaging Fund Since: July 29, 2010Total Experience: 22 yearsDate of inception: October 24, 2005Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 34.6538Dividend: 16.3034 Direct Plan$

Growth: 34.9836Dividend: 19.9393

Benchmark: CNX Nifty

Quarterly Average AUM: ` 341.09 Crores(as on 31st March 2014)

Load Structure (as % of NAV) (Incl .for SIP)Entry Load: NilExit Load**: For redemption / switch- out of units within 365 days from the date of allotment: 1.50% of applicable NAV. For redemption / switch-out of units after 365 days but before 540 days from the date of allotment: 0.50%. For redemption / switch-out of units after 540 days from the date of allotment: Nil. (w.e.f. February 04, 2014). **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Other ParameterStandard Deviation: 18.30%Sharpe Ratio##: 0.37Beta: 0.97

Birla Sun Life Top 100 Fund

What is it?A large cap focused fund that invests in equity and equity related securities of top 100 companies in India as measured by market capitalization.

Fund Details

As on May 30, 2014


12

Note:Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer. ## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).

Date of Inception: Oct 24, 2005 NAV Per Unit. *

(`)

Birla Sun Life Top 100

Fund (%)

CNX Nifty # (%)

S&P BSE SENSEX ##

(%)


Birla Sun Life Top

100 Fund (`)

CNX Nifty # (`)

S&P BSE SENSEX

## (`)


10.00 14.14 12.97 13.10 30535 27994 28263


24.31 25.58 17.98 18.85 12558 11798 11885


22.12 9.94 7.31 8.23 10994 10731 10823


23.14 -4.42 -9.23 -10.50 9558 9077 8950





Larsen & Toubro Ltd 5.44% Wipro Ltd 2.49%

HDFC Bank Ltd 4.97% State Bank of India 2.46%

ICICI Bank Ltd 4.93% Tata Motors Ltd 2.40%

Infosys Ltd 3.06% Reliance Industries Ltd 2.39%

Axis Bank Ltd 2.62% Tech Mahindra Ltd 2.37%


13

Birla Sun Life Equity Fund

What is it?A Diversified Equity Fund that looks for opportunities without any sectoral or market cap bias with the aim to give you long term growth of capital.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Anil ShahManaging Fund Since: October 03, 2012Total Experience: 24 yearsDate of inception: August 27, 1998Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 381.09 Dividend: 81.92Direct Plan$ Growth: 384.73 Dividend: 87.11

Benchmark: S&P BSE 200


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load:

Other ParameterStandard Deviation: 19.91%Sharpe Ratio##: 0.31 Beta: 1.01





ICICI Bank Ltd 6.65% Strides Arcolab Ltd 3.41%

Larsen & Toubro Ltd 6.04% Lupin Ltd 3.03%

Tech Mahindra Ltd 5.33% Wipro Ltd 3.02%

Sesa Sterlite Ltd 3.98% Oil & Natural Gas Corporation Ltd 2.84%

Indusind Bank Ltd 3.91% Motherson Sumi Systems Ltd 2.61%


Date of Inception: Aug 27,1998 NAV Per Unit. *

(`)

Birla Sun Life Equity Fund (%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life Equity

Fund (`)

S&P BSE 200 # (`)

CNX Nifty ## (`)


10.00 24.87 14.82 13.92 319890 86328 76405


252.69 26.59 17.19 17.98 12659 11719 11798


236.56 6.82 6.03 7.31 10682 10603 10731


260.06 -9.04 -9.28 -9.23 9096 9072 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Anil Shah is 4. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


For redemption / switch-out of units within 365 days from the date of allotment: 1.50% of applicable NAV. For redemption / switch-out of units after 365 days but within 540 days from the date of allotment: 1.00%. For redemption / switch-out of units after 540 days from the date of allotment: Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.(w.e.f April 15, 2014)

14

Birla Sun Life Long Term Advantage Fund

What is it?An Open ended Equity fund that invests in a Diversified portfolio of equity and equity related securities

Fund Details

As on May 30, 2014

Fund Manager: Mr. Mahesh PatilManaging Fund Since: October 03, 2012Total Experience: 22 yearsDate of inception: October 10, 2006Nature of the scheme: An Open Ended Diversified Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)





Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load: For redemption / switch- out of units within 365 days from the date of allotment: 1.50% of applicable NAV. For redemption / switch-out of units after 365 days but within 540 days from the date of allotment: 0.50%. For redemption / switch-out of units after 540 days from the date of allotment: Nil. (w.e.f. February 04, 2014)



Note:Standard Deviation & Sharpe Ratio are calculated son Annualised basis using 3 years history of monthly returns, source: MFI Explorer.## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).



ICICI Bank Ltd 4.88% Axis Bank Ltd 2.79%

Larsen & Toubro Ltd 4.32% HCL Technologies Ltd 2.70%

Tech Mahindra Ltd 3.40% The Federal Bank Ltd 2.51%

ITC Ltd 3.04% Motherson Sumi Systems Ltd 2.50%

State Bank of India 2.79% Indraprastha Gas Ltd 2.41%



(`)

Birla Sun Life Long

Term Advantage Fund (%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life Long

Term Advantage

Fund (`)

S&P BSE 200 # (`)

CNX Nifty## (`)


10.00 8.19 8.09 8.79 18010 17896 18774


14.35 25.51 17.19 17.98 12551 11719 11798


13.36 7.41 6.03 7.31 10741 10603 10731


14.11 -5.32 -9.28 -9.23 9468 9072 9077



15

Birla Sun Life MNC Fund

What is it?The fund that invests in securities of multinational companies in order to achieve long-term growth of capital with relatively moderate levels of risk.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Ajay GargManaging Fund Since: June 18, 2009Total Experience: 21 yearsDate of inception: December 27, 1999Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Benchmark: CNX MNC


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 1% if redeemed / switched out within 365 days from the date of allotment **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.




ICRA Ltd 11.49% Maruti Suzuki India Ltd 5.01%

ING Vysya Bank Ltd 9.15% CRISIL Ltd 4.69%

Honeywell Automation India Ltd 7.01% Wyeth Ltd 4.51%

Bayer CropScience Ltd 6.58% Hindustan Unilever Ltd 3.76%

Bosch Ltd 5.32% Cummins India Ltd 2.98%



Date of Inception: Dec 27, 1999 NAV Per Unit. *

(`)

Birla Sun Life MNC Fund (%)

CNX MNC # (%)

CNX Nifty ## (%)


Birla Sun Life MNC Fund (`)

CNX MNC # (`)

CNX Nifty## (`)


36.11 16.22 9.59 11.43 85417 36947 46814


240.68 28.15 26.72 17.98 12815 12672 11798


230.29 4.51 -3.17 7.31 10451 9683 10731


205.01 12.33 9.84 -9.23 11233 10984 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Ajay Garg is 10. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



16

Birla Sun Life Dividend Yield Plus

What is it?A fund that invests in high dividend paying companies across market cap which typically have steady cash flow generation.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Naysar Shah & Mr. Vineet MalooManaging Fund Since: January 16, 2014Total Experience: 13 years & 9 yearsDate of inception: February 26, 2003Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 112.17 Dividend: 14.92Direct Plan$

Growth: 113.23 Dividend: 16.29 Benchmark: CNX 500


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 1% if redeemed / switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.




ICICI Bank Ltd 8.26% Cummins India Ltd 3.56%

Infosys Ltd 6.16% The Federal Bank Ltd 3.03%

Tata Consultancy Services Ltd 3.99% Tata Motors Ltd 2.63%

Axis Bank Ltd 3.97% ICRA Ltd 2.41%

ITC Ltd 3.66% Sundaram Finance Ltd 2.28%





(`)

Birla Sun Life Dividend

Yield Plus (%)

CNX 500 # (%)

CNX Nifty ## (%)



(`)

CNX 500 # (`)

CNX Nifty ## (`)


10.00 22.93 19.07 18.18 98880 69396 63871


86.28 14.60 17.72 17.98 11460 11772 11798


86.12 0.19 5.13 7.31 10019 10513 10731


84.77 1.59 -8.75 -9.23 10159 9125 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Naysar Shah is 4. Total Schemes managed by Mr. Vineet Maloo is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


17

Birla Sun Life Midcap Fund

What is it?A fund that provides an opportunity to invest in midsized companies which can be potential leaders of tomorrow.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Hitesh ZaveriManaging Fund Since: January 16, 2014Total Experience: 10 YearsDate of inception: October 03, 2002Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Benchmark: CNX Midcap


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**:



Note:Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns,source: MFI Explorer. ## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).



Motherson Sumi Systems Ltd 4.68% ING Vysya Bank Ltd 3.14%

The Federal Bank Ltd 4.06% TVS Motor Company Ltd 3.08%

Solar Industries India Ltd 3.80% MRF Ltd 2.99%

Jubilant Life Sciences Ltd 3.23% Kalpataru Power Transmission Ltd 2.90%

Sadbhav Engineering Ltd 3.14% Eicher Motors Ltd 2.76%



(`)

Birla Sun Life Midcap

Fund (%)

CNX Midcap #

(%)

CNX Nifty ## (%)


Birla Sun Life Midcap Fund (`)

CNX Midcap

# (`)

CNX Nifty ## (`)

Since inception till March 31, 2014 (CAGR) 10.00 24.73 21.71 18.54 126920 95729 70704

March 28, 2013 to March 31, 2014 (Absolute) 107.72 17.82 16.36 17.98 11782 11636 11798

March 30, 2012 to March 28, 2013 (Absolute) 104.40 3.18 -4.02 7.31 10318 9598 10731

March 31, 2011 to March 30, 2012 (Absolute) 105.46 -1.01 -4.09 -9.23 9899 9591 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Hitesh Zaveri is 3. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


For redemption /switch-out within 365 days from the date of allotment:1.50% of applicable NAV.For redemption /switch-out of units after 365 days but within 540 days from the date of allotment:1.00%. For redemption /switch-out of units after 540 days from the date of allotment:Nil.**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.(w.e.f April 15, 2014)

18

Birla Sun Life Small & Midcap Fund

What is it?An Equity fund that aims to generate growth and capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and mid cap.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Hitesh ZaveriManaging Fund Since: January 16, 2014Total Experience: 10 yearsDate of inception: May 31, 2007Nature of the scheme: An Open-ended Small & Mid Cap Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 17.5049Dividend: 16.4633 Direct Plan$ Growth: 17.6887Dividend: 17.1464

Benchmark: CNX Midcap






Date of Inception: May 31, 2007 NAV Per Unit. *

(`)


(%)

CNX Midcap #

(%)

CNX Nifty ## (%)


Birla Sun Life Small & Midcap Fund (`)

CNX Midcap

# (`)

CNX Nifty## (`)



March 30, 2012 to March 28, 2013 (Absolute) 11.61 1.72 -4.02 7.31 10172 9598 10731

March 31, 2011 to March 30, 2012 (Absolute) 11.58 0.28 -4.09 -9.23 10028 9591 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Hitesh Zaveri is 3. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.




Jubilant Life Sciences Ltd 4.82% VA Tech Wabag Ltd 3.71%

ING Vysya Bank Ltd 4.46% Jain Irrigation Systems Ltd 3.48%

City Union Bank Ltd 4.21% The Jammu & Kashmir Bank Ltd 3.33%

Balkrishna Industries Ltd 4.15% Texmaco Rail & Engineering Ltd 3.21%

The Federal Bank Ltd 3.92% Jagran Prakashan Ltd 3.03%


19

Birla Sun Life Advantage Fund

What is it?A Diversified Equity Fund that aims to achieve long-term growth of capital, at relatively moderate levels of risk through a research-based investment approach.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Satyabrata MohantyManaging Fund Since: October 17, 2011Total Experience: 14 yearsDate of inception: February 24, 1995Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)





Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: For redemption / switch-out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.





ICICI Bank Ltd 6.09% Tata Motors Ltd 3.01%

Larsen & Toubro Ltd 5.28% Hindalco Industries Ltd 2.99%

State Bank of India 4.24% Tech Mahindra Ltd 2.98%

Sesa Sterlite Ltd 3.52% Yes Bank Ltd 2.90%

Maruti Suzuki India Ltd 3.30% IPCA Laboratories Ltd 2.56%



(`)

Birla Sun Life

Advantage Fund (%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life

Advantage Fund (`)

S&P BSE 200 # (`)

CNX Nifty ## (`)


10.00 16.63 10.74 10.34 189180 70220 65608


146.81 28.86 17.19 17.98 12886 11719 11798


141.39 3.83 6.03 7.31 10383 10603 10731


157.71 -10.35 -9.28 -9.23 8965 9072 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



20

Birla Sun Life India GenNext Fund

What is it?A Fund that strives to benefit from the rising consumption pattern in India, fuelled by high disposable incomes of the young generation (Generation Next).

Fund Details

As on May 30, 2014

Fund Manager: Mr. Anil ShahManaging Fund Since: September 23, 2013Total Experience: 24 yearsDate of inception: August 05, 2005Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 37.46 Dividend: 18.43 Direct Plan$ Growth: 37.90 Dividend: 19.84







ICICI Bank Ltd 5.63% Maruti Suzuki India Ltd 3.61%

Zee Entertainment Enterprises Ltd 5.01% PVR Ltd 3.48%

United Spirits Ltd 4.48% IPCA Laboratories Ltd 3.34%

HDFC Bank Ltd 4.20% ITC Ltd 3.26%

Sun TV Network Ltd 4.07% Indusind Bank Ltd 3.25%




Date of Inception: Aug 05, 2005

NAV Per Unit. *

(`)

Birla Sun Life India GenNext Fund (%)

CNX Nifty # (%)

S&P BSE SENSEX ##

(%)


Birla Sun Life India GenNext Fund (`)

CNX Nifty # (`)

S&P BSE SENSEX

## (`)


10.00 15.54 12.81 13.03 34920 28393 28871


29.40 18.78 17.98 18.85 11878 11798 11885


25.07 17.27 7.31 8.23 11727 10731 10823


23.63 6.09 -9.23 -10.50 10609 9077 8950

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Anil Shah is 4. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


21

What is it?An equity fund aiming to capitalize on the growth opportunities provided by companies that are driven by India’s large population and consumption patterns.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Ajay GargManaging Fund Since: September 12, 2007Total Experience: 21 yearsDate of inception: January 15, 2000Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 60.03 Dividend: 28.69 Direct Plan$

Growth: 60.49 Dividend: 28.89





Birla Sun Life Buy India Fund



ICRA Ltd 10.33% ING Vysya Bank Ltd 4.72%

Sundaram Clayton Ltd 6.63% Wyeth Ltd 4.41%

Housing Development Finance Corporation Ltd 5.39% MRF Ltd 4.28%

Bayer CropScience Ltd 5.20% Shopper's Stop Ltd 3.54%

Hindustan Unilever Ltd 4.74% Biocon Ltd 3.53%



Date of Inception: Jan 15, 2000 NAV Per Unit. *

(`)

Birla Sun Life Buy

India Fund (%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life Buy

India Fund (`)

S&P BSE 200 # (`)

CNX Nifty ## (`)


10.00 12.79 10.92 10.49 55340 43620 41314


44.73 23.72 17.19 17.98 12372 11719 11798


39.04 14.57 6.03 7.31 11457 10603 10731


40.13 -2.72 -9.28 -9.23 9728 9072 9077




22

Birla Sun Life Infrastructure Fund

What is it?A fund that seeks to participate in growth and development of infrastructure in India by investing in equity and equity related securities of companies in the infra sector.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Mahesh Patil & Mr. Naysar ShahManaging Fund Since: Since inception & Dec 05, 2011Total Experience: 22 years & 13 yearsDate of inception: March 17, 2006Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)










ICICI Bank Ltd 7.28% Oil & Natural Gas Corporation Ltd 3.11%

Larsen & Toubro Ltd 6.67% VA Tech Wabag Ltd 2.42%

Cummins India Ltd 5.22% The Federal Bank Ltd 2.39%

Wabco India Ltd 3.17% PTC India Ltd 2.29%

KEC International Ltd 3.15% Indusind Bank Ltd 2.19%



Date of Inception: Mar 17, 2006 NAV Per Unit. *

(`)

Birla Sun Life Infrastructure

Fund (%)

CNX Nifty #

(%)

S&P BSE SENSEX ##

(%)


Birla Sun Life Infrastructure

Fund (`)

CNX Nifty # (`)

S&P BSE SENSEX

## (`)


10.00 6.94 9.49 9.41 17150 20730 20613


14.13 21.37 17.98 18.85 12137 11798 11885


14.51 -2.62 7.31 8.23 9738 10731 10823


16.39 -11.47 -9.23 -10.50 8853 9077 8950

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Mahesh Patil is 6. Total Schemes managed by Mr. Naysar Shah is 4. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



23

Birla Sun Life Pure Value Fund

What is it?An Open ended Diversified Equity fund that follows value investing strategy to generate consistent long-term capital appreciation.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Mahesh Patil & Mr. Milind BafnaManaging Fund Since: January 16, 2014Total Experience: 22 years & 13 years Date of inception: March 27, 2008Nature of the scheme: An Open-ended Diversified Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Growth: 31.0523Dividend: 27.1837



Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**:





Jyoti Structures Ltd 7.05% The Federal Bank Ltd 3.26%

Reliance Infrastructure Ltd 6.06% Radico Khaitan Ltd 3.26%

Muthoot Finance Ltd 4.39% Hindustan Petroleum Corporation Ltd 3.22%

Reliance Capital Ltd 4.20% Power Finance Corporation Ltd 2.97%

Jain Irrigation Systems Ltd 3.49% Oil India Ltd 2.92%



(`)

Birla Sun Life Pure

Value Fund (%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life Pure

Value Fund (`)

S&P BSE 200 # (`)

CNX Nifty ## (`)


10.00 14.28 5.37 5.60 22319 13693 13880


16.97 31.52 17.19 17.98 13152 11719 11798



16.42 -1.81 -9.28 -9.23 9819 9072 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Mahesh Patil is 6. Total Schemes managed by Mr. Milind Bafna is 1. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



For redemption / switch-out of units within 365 days from the date of allotment: 2.00% of applicable NAV.For redemption / switch-out of units after 365 days but within 730 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 730 days from the date of allotment: Nil.**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

24

Birla Sun Life International Equity Fund - Plan A

What is it?A fund that provides an opportunity to grow your money by investing in world-class companies across the globe.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Vineet MalooManaging Fund Since: Since InceptionTotal Experience: 9 yearsDate of inception: October 31, 2007Nature of the scheme: An Open-ended Diversified Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Benchmark: S&P Global 1200

Quarterly Average AUM: ` 90.89 Crores (as on 31st March 2014)

Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load: For redemption / switch-out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil.




McKesson Corp. 4.72% Apple Inc. 3.38%

Chubb Corp 4.72% TOTAL SA 3.26%

Aetna Inc New 4.39% Fedex Corp 2.96%

PPG Industries 3.97% Coca Cola Co. 2.72%

Roche Holdings Ag Genus Bearer Shs 3.59% Wal Mart Stores Inc. 2.71%





(`)

Birla Sun Life

International Equity Fund -

Plan A (%)

S&P Global 1200 #

(%)

CNX Nifty ## (%)


Birla Sun Life International Equity Fund -

Plan A (`)

S&P Global 1200 # (`)

CNX Nifty## (`)




March 31, 2011 to March 30, 2012 (Absolute) 9.81 10.00 12.17 -9.23 11000 11217 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Vineet Maloo is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


25

Birla Sun Life International Equity Fund - Plan B

What is it?A fund that provides an opportunity to grow your money by investing in world-class companies across the globe, with at least 65% exposure to domestic markets.

Fund Details

Fund Manager: Mr. Vineet MalooManaging Fund Since: Since InceptionTotal Experience: 9 yearsDate of inception: October 31, 2007Nature of the scheme: An Open-ended Diversified Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Growth: 12.0832 Dividend: 12.0832 Benchmark: Customised Index †† A customized benchmark created using S&P BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio.



Other ParameterStandard Deviation: 13.18%Sharpe Ratio##: -0.05Beta: 0.99


As on May 30, 2014


ICICI Bank Ltd 4.96% Infosys Ltd 2.49%

HDFC Bank Ltd 3.95% Tata Consultancy Services Ltd 2.42%

ITC Ltd 2.69% Power Grid Corporation of India Ltd 2.42%

Larsen & Toubro Ltd 2.67% Axis Bank Ltd 2.16%

Reliance Industries Ltd 2.51% Tata Motors Ltd 2.12%




(`)

Birla Sun Life

International Equity Fund -

Plan B (%)

Customised Index † #

(%)

CNX Nifty ##

(%)


Birla Sun Life International Equity Fund -

Plan B (`)

Customised Index †

# (`)

CNX Nifty ## (`)





# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Vineet Maloo is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.† A customized benchmark created using S&P BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio.



26

Birla Sun Life Commodity Equities Fund - Global Agri Plan (GAP)What is it?A Fund that provides exposure to commodities, by investing in handpicked commodity companies worldwide, that have business exposure to Agricultural commodities.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Vineet MalooManaging Fund Since: Since InceptionTotal Experience: 9 yearsDate of inception: November 07, 2008Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular PlanGrowth: 19.8373 Dividend: 17.0440 Direct Plan$

Growth: 19.9687 Dividend: 17.1703 Benchmark: S&P Global Agribusiness Index


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 3% if redeemed / switched out within 30 days from the date of allotment. For redemption/switchout of units after 30 days but before 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch-out of units after 365 days from the date of allotment: Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Other ParametersStandard Deviation: 14.68%Sharpe Ratio##: -0.22Beta: 0.62




Issuer % to net Assets Issuer % to net AssetsASSOCIATED BRITISH FOODS PLC 8.98% BUNGE LTD 6.20%

Monsanto Co 8.31% BRF SA 5.92%

Deere And Co Ltd 7.87% TYSON FOODS INC 5.80%

Syngenta Ltd Reg Shs 7.62% Potash Corp Of Saskatchewan Inc 5.20%

ARCHER-DANIELS-MIDLAND CO 7.42% Kubota Corp 4.09%


Date of Inception: Nov 07, 2008 NAV Per Unit. *

(`)

Birla Sun Life Commodity

Equities Fund - Global Agri

Plan - Regular Growth (%)

S&P Global Agribusiness Index # (%)

CNX Nifty ## (%)

Value of Standard Investment of ` 10000 inBirla Sun Life Commodity

Equities Fund - Global Agri

Plan - Regular Growth (`)

S&P Global Agribusiness

Index # (`)

CNX Nifty## (`)




March 31, 2011 to March 30, 2012 (Absolute) 17.65 -6.06 6.06 -9.23 9394 10606 9077

Investment Performance - Global Agri Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 19.4232

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Vineet Maloo is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.

27

Birla Sun Life India Reforms Fund

What is it?An Equity fund that aims to generate growth and capital appreciation by building a portfolio of companies that are expected to benefit from the economic reforms, PSU divestment and increased government spending.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Naysar ShahManaging Fund Since: January 24, 2011Total Experience: 13 yearsDate of inception: June 25, 2010Nature of the scheme: An Open-ended Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Growth: 11.77 Dividend: 11.78 Benchmark: CNX 500


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 1% if redeemed / switched out within 1 year from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment

Other ParameterStandard Deviation: 27.01%Sharpe Ratio##: -0.08Beta: 1.30



ICICI Bank Ltd 9.90% VA Tech Wabag Ltd 4.24%

Larsen & Toubro Ltd 8.63% The Federal Bank Ltd 4.18%

KEC International Ltd 5.41% PTC India Ltd 3.93%

Oil & Natural Gas Corporation Ltd 4.53% Crompton Greaves Ltd 3.64%

Kalpataru Power Transmission Ltd 4.52% Bharat Petroleum Corporation Ltd 3.54%


Note:Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 1 year history of monthly returns, source: MFI Explorer.## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).


Date of Inception: June 25, 2010 NAV Per Unit. *

(`)

Birla Sun Life India Reforms Fund (%)

CNX 500 # (%)

CNX Nifty ## (%)


Birla Sun Life India Reforms Fund (`)

CNX 500 # (`)

CNX Nifty ## (`)


10.00 -1.24 4.88 6.60 9540 11968 12724


8.55 11.58 17.72 17.98 11158 11772 11798


8.90 -3.93 5.13 7.31 9607 10513 10731


9.76 -8.81 -8.75 -9.23 9119 9125 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Naysar Shah is 4. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


28

Birla Sun Life New Millennium Fund

What is it?A thematic fund that invests in companies related to the IT sector like hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Kunal SangoiManaging Fund Since: January 16, 2014Total Experience: 8 yearsDate of inception: January 15, 2000Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular PlanGrowth: 26.45 Dividend: 16.31Direct Plan$ Growth: 26.67 Dividend: 13.72 Benchmark: S&P BSE Teck


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 1% if redeemed / switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.Other ParameterStandard Deviation: 19.65%Sharpe Ratio##: 0.14Beta: 0.95



Infosys Ltd 23.33% Bharti Airtel Ltd 4.39%

Tata Consultancy Services Ltd 20.04% Persistent Systems Ltd 3.25%

Tech Mahindra Ltd 11.53% Mindtree Ltd 2.64%

HCL Technologies Ltd 10.26% Cyient Limited 2.25%

Wipro Ltd 9.88% Jagran Prakashan Ltd 1.83%





(`)

Birla Sun Life New

Millennium Fund (%)

S&P BSE Teck # (%)

CNX Nifty ## (%)


Birla Sun Life New

Millennium Fund (`)

S&P BSE Teck # (`)

CNX Nifty ## (`)


10.00 7.10 N/A 10.49 26510 N/A 41314


20.19 31.30 25.73 17.98 13130 12573 11798


18.65 8.26 9.50 7.31 10826 10950 10731


20.29 -8.08 -7.62 -9.23 9192 9238 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme benchmark returns are not available, they have not been shown.Total Schemes managed by Mr. Kunal Sangoi is 1. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


29

Birla Sun Life India Opportunities Fund

What is it?A fund that allows investors to participate in India’s global outsourcing theme by identifying companies that seek to utilize India’s low cost and high quality resources to service the needs of global customers.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Naysar ShahManaging Fund Since: October 03, 2012Total Experience: 13 yearsDate of inception: December 27, 1999Nature of the scheme: An Open-ended Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)




Benchmark: CNX 500






Cummins India Ltd 8.22% Infosys Ltd 4.87%

KEC International Ltd 6.45% Tata Consultancy Services Ltd 4.62%

Honeywell Automation India Ltd 5.46% Wabco India Ltd 4.24%

Hindustan Zinc Ltd 5.20% Reliance Industries Ltd 4.24%

AIA Engineering Ltd 4.88% Wipro Ltd 4.20%



Date of Inception: Dec 27, 1999 NAV Per Unit. *

(`)

Birla Sun Life India

Opportunities Fund (%)

CNX 500 # (%)

CNX Nifty ## (%)


Birla Sun Life India

Opportunities Fund (`)

CNX 500 #(`)

CNX Nifty ## (`)


23.70 8.03 11.18 11.43 30122 45338 46814


51.51 38.59 17.72 17.98 13859 11772 11798


49.52 4.02 5.13 7.31 10402 10513 10731


54.02 -8.33 -8.75 -9.23 9167 9125 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Naysar Shah is 4. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



30

Birla Sun Life Special Situations Fund

What is it?A Fund that endeavors to generate long-term growth by identifying stocks that may have the potential for special situation like buy backs, open offers, demerger, etc. and a contrarian investment style.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Anil ShahManaging Fund Since: January 04, 2013Total Experience: 24 yearsDate of inception: January 31, 2008Nature of the scheme: An Open-ended Diversified Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 13.1782Dividend: 13.1783Direct Plan$ Growth: 13.2850Dividend: 13.2837



Load Structure (as % of NAV) (Incl .for SIP)Entry Load: NilExit Load**: 1% if redeemed / switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.





Tech Mahindra Ltd 6.92% ICICI Bank Ltd 4.08%

Larsen & Toubro Ltd 6.68% Motherson Sumi Systems Ltd 4.04%

Indusind Bank Ltd 6.15% Strides Arcolab Ltd 3.93%

Maruti Suzuki India Ltd 4.09% LIC Housing Finance Ltd 3.78%

HCL Technologies Ltd 4.09% Wabco India Ltd 3.65%



(`)

Birla Sun Life Special Situations Fund (%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life Special

Situations Fund (`)

S&P BSE 200 # (`)

CNX Nifty ## (`)





# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Anil Shah is 4. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



31

Birla Sun Life Asset Allocation Fund - Aggressive Plan

What is it?An open ended Fund-of-Funds scheme with 3 plans to help you plan your investments to suit your risk profile.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Satyabrata Mohanty & Mr. Vineet MalooManaging Fund Since: June 18, 2009Total Experience: 14 years & 9 yearsDate of inception: February 24, 2004Nature of the scheme: An Open-ended Fund of Funds SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular PlanGrowth: 42.0805Dividend: 42.0805 Direct Plan$ Growth: 42.0805Dividend: 42.0490 Benchmark: CNX Nifty

Quarterly Average AUM: ̀ 7.94 Crores(as on 31st March 2014)

Load Structure (as % of NAV)Entry Load: NilExit Load: NilOther ParameterStandard Deviation: 12.66%

Note:Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer.


Top Ten Portfolio Holdings - Aggressive Plan



Birla Sun Life Top 100 Fund - Growth - Direct Plan 18.12% Birla Sun Life New Millennium Fund Direct Plan Gro 8.86%

Birla Sun Life Advantage Fund - Gr - Dir Pl 16.76% Birla Sun Life Treasury Optimizer Plan 6.52%

Birla Sun Life Infra. Fund - Grth - Direct Plan 14.68% Birla Sun Life Income Plus - Growth - Direct Plan 6.40%

Cash & Current Assets 13.37% Birla Sun Life Midcap Fund - Growth - Direct Plan 5.77%

Birla Sunlife Banking and Financial services Fund 10.52% Net receivables / payables -1.01%

Investment Performance - Aggressive Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 38.5118


(`)

Birla Sun Life AAF -

Aggressive Plan (%)

CNX Nifty # (%)

S&P BSE SENSEX ##

(%)



Aggressive Plan (`)

CNX Nifty # (`)

S&P BSE SENSEX

## (`)


10.00 14.28 13.77 14.43 38512 36809 39038


33.79 13.97 17.98 18.85 11397 11798 11885


32.83 2.92 7.31 8.23 10292 10731 10823


34.11 -3.76 -9.23 -10.50 9624 9077 8950

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Total Schemes managed by Mr. Vineet Maloo is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.

32

Birla Sun Life Asset Allocation Fund - Moderate Plan


Fund Details

As on May 30, 2014



NAV of Plans / Options (`) Regular PlanGrowth: 35.5991Dividend: 35.5992 Direct Plan$ Growth: 35.5991Dividend: 35.5990 Benchmark: CRISIL Balanced Fund Index






Top Ten Portfolio Holdings - Moderate Plan


Birla Sun Life Top 100 Fund - Growth - Direct Plan 14.77% Birla Sun Life New Millennium Fund Direct Plan Gro 8.77%

Birla Sun Life Advantage Fund - Gr - Dir Pl 14.25% Birla Sun Life Govt Sec. Long Term Grwth Direct 8.43%

Birla Sun Life Treasury Optimizer Plan 12.10% Birla Sun Life Infra. Fund - Grth - Direct Plan 8.08%

Birla Sun Life Income Plus - Growth - Direct Plan 11.73% Cash & Current Assets 7.53%

Birla Sunlife Banking and Financial services Fund 9.62% Birla Sun Life Midcap Fund - Growth - Direct Plan 3.87%


(`)


Moderate Plan (%)

CRISIL Balanced

Fund Index # (%)

CNX Nifty ## (%)


Birla Sun Life AAF - Moderate Plan (`)

CRISIL Balanced

Fund Index # (`)

CNX Nifty## (`)


10.00 12.61 11.16 13.77 33206 29117 36809


30.09 10.36 13.40 17.98 11036 11340 11798


28.40 5.94 8.18 7.31 10594 10818 10731


28.38 0.06 -3.17 -9.23 10006 9683 9077

Investment Performance - Moderate Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 33.2062


33

Birla Sun Life Asset Allocation Fund - Conservative Plan


Fund Details

As on May 30, 2014



NAV of Plans / Options (`) Regular PlanGrowth: 25.7045Dividend: 25.7044 Direct Plan$ Growth: 25.7045Dividend: 10.4729 Benchmark: CRISIL MIP Blended Index

Quarterly Average AUM: ̀ 2.56 Crores(as on 31st March 2014)





Top Portfolio Holdings - Conservative Plan


Birla Sun Life Treasury Optimizer Plan 31.00% Birla Sunlife Banking and Financial services Fund 3.57%

Birla Sun Life Income Plus - Growth - Direct Plan 30.93% Birla Sun Life New Millennium Fund Direct Plan Gro 3.39%

Cash & Current Assets 13.04% Birla Sun Life Infra. Fund - Grth - Direct Plan 3.30%

Birla Sun Life Top 100 Fund - Growth - Direct Plan 6.61% Birla Sun Life Midcap Fund - Growth - Direct Plan 1.80%

Birla Sun Life Advantage Fund - Gr - Dir Pl 6.10% Birla Sun Life Govt Sec. Long Term Grwth Direct 1.15%


(`)


Conservative Plan (%)

CRISIL MIP Blended

Index # (%)

CNX Nifty ## (%)



Conservative Plan (`)

CRISIL MIP Blended

Index # (`)

CNX Nifty## (`)


10.00 9.31 7.12 13.77 24578 20045 36809


23.47 4.74 6.52 17.98 10474 10652 11798


21.61 8.56 9.06 7.31 10856 10906 10731


20.79 3.96 5.24 -9.23 10396 10524 9077

Investment Performance - Conservative Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 24.5778


34

Birla Sun Life Index Fund

What is it?A fund that is designed to mirror the market performance of the 50 companies in the Nifty Index.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Ajay GargManaging Fund Since: October 01, 2006Total Experience: 21 yearsDate of inception: September 18, 2002Nature of the scheme: An Open-ended Index Linked Growth SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)





Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: For redemption / switch- out of units within 90 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Other ParameterStandard Deviation: 17.90%



Date of Inception: Sept 18, 2002 NAV Per Unit. *

(`)

Birla Sun Life Index Fund (%)

CNX Nifty # (%)

S&P BSE SENSEX ##

(%)


Birla Sun Life Index Fund (`)

CNX Nifty # (`)

S&P BSE SENSEX

## (`)


10.00 17.72 18.09 18.79 65715 68160 72925


55.47 18.47 17.98 18.85 11847 11798 11885


51.90 6.88 7.31 8.23 10688 10731 10823


57.74 -10.11 -9.23 -10.50 8989 9077 8950





Nifty Index 17.98% Infosys Ltd 4.81%

ITC Ltd 6.39% Housing Development Finance Corporation Ltd 4.64%

Reliance Industries Ltd 5.96% Larsen & Toubro Ltd 4.28%

ICICI Bank Ltd 5.57% Tata Consultancy Services Ltd 3.71%

HDFC Bank Ltd 4.98% Tata Motors Ltd 2.53%


35

Birla Sun Life Gold Fund

What is it?An open ended fund of fund scheme that predominantly invests in units of Birla Sun Life Gold ETF (underlying scheme) and one doesn’t require a Demat Account to invest in it.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Satyabrata MohantyManaging Fund Since: March 20, 2012Total Experience: 14 Years Date of inception: March 20, 2012 Nature of the scheme: An Open ended Fund of Fund SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Growth: 9.2456 Dividend: 9.2402 Benchmark: Domestic price of physical gold


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 2% if redeemed / switched out within 365 days from the date of allotment **Exit Load is NIL for units issued in Bonus & Dividend ReinvestmentOther ParameterStandard Deviation: 22.31%Sharpe Ratio##: -0.47Beta: 0.76

Issuer % to net Assets

Birla Sun Life Gold ETF 98.37%

Cash & Current Assets 2.55%

Net receivables / payables -0.92%

Portfolio Holdings

Note:Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 1 year history of monthly returns, source: MFI Explorer.## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).



Investors should note that, Birla Sun Life Gold Fund being an open ended fund of fund scheme invests in Birla Sun Life Gold ETF which invests in physical gold of 99.5% purity and they shall bear the recurring expenses of the underlying scheme (i.e. Birla Sun Life Gold ETF) in addition to the recurring expenses of the Scheme.

Date of Inception: Mar 20, 2012 NAV Per Unit. *(`)

Birla Sun Life Gold Fund (%)

Domestic price of physical gold # (%)


Birla Sun Life Gold Fund (`)

Domestic price of physical gold # (`)


10.0000 -1.34 2.16 9729 10443


10.1004 -3.68 -2.88 9632 9712


10.0836 0.17 4.92 10017 10492

# Scheme Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


36

Birla Sun Life Gold ETF

What is it?An ETF that invests in physical gold of 99.5% purity to generate returns in line with performance of gold, subject to tracking errors.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Prasad DhondeManaging Fund Since: October 03, 2012Total Experience: 13 Years Date of inception: May 13, 2011 Nature of the scheme: An Open ended Gold Exchange Traded FundApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV (`): 2,683.2118

Benchmark: Domestic price of physical gold


Load Structure (as % of NAV)Entry Load: NilExit Load (Including fractional units, if any): Nil; ++The units of the scheme are compulsorily traded in dematerialized form, and hence, there shall be no entry/exit load for the units purchased or sold through stock exchanges. However, the investor shall have to bear costs in form of bid/ask spread and brokerage or such other cost as charged by his bro ker for transacting in units of the scheme through secondary market.Other ParameterStandard Deviation: 21.17%Sharpe Ratio##: -0.14Beta: 0.95

Issuer % to net Assets

Gold 99.73%

Cash & Current Assets 0.26%

Net receivables / payables 0.02%

Portfolio Holdings

Note:Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 1 year history of monthly returns, source: MFI Explorer.## Risk-free rate assumed to be 8.5009% (91 day T-bill yield as on May 30, 2014).

Investment Performance NAV as on March 31, 2014: ` 2843.3841


Date of Inception: May 13, 2011 NAV Per Unit. *(`)

Birla Sun Life Gold ETF (%)

Domestic price of physical gold # (%)


Birla Sun Life Gold ETF (`)

Domestic price of physical gold # (`)


2227.8530 8.85 10.06 12763 13175


2956.0084 -3.81 -2.88 9619 9712


2844.9008 3.91 4.92 10391 10492

# Scheme Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Prasad Dhonde is 19. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.

37

Tax Savings Solutions

What are Tax Savings Solutions?

Our Tax Savings Solutions help to reduce your tax burden and at the same time, aim to grow your money through equity investments.

Who can benefit from Tax Savings Solutions?

Tax saving is important, especially when investors can save up to ̀ 30,900 in taxes! Section 80C of the Income Tax Act, 1961 provides options to save tax by reducing the taxable income by up to ` 1 lakh.

But, wealth creation is also important. Isn’t it? That’s why this solution is ideal for investors who would like to create wealth along with tax saving.Tax savings of ` 30,900 is calculated assuming qualifying amount of deduction is ` 1 lakh & investor falls in the top income tax slab of 30% & includes applicable cess. Investors are advised to consult their tax advisor in view of individual nature of tax benefits.

Benefits of Tax Savings Solutions:

Low lock-in period: Your money is locked-in for just 3 years, as against the much longer lock-in periods in other options.

Potential to earn dividends: While your money is locked-in for 3 years, you may opt for the dividend option and can receive returns in the form of tax-free dividends during this time. This feature is unique only to tax saving solutions from mutual funds.

Earn market linked returns: Since investments are made in stocks of Indian companies, the value of your investment moves with the stock market. Although it comes with market related risks, your money is diversified i.e. spread out across stocks of multiple companies and is being monitored by an investment expert with an aim to minimize such risks.

Tax-free returns: When you withdraw your investment after 3 years, the returns are totally tax free. Yes, you save taxes on both, your initial investment and also on the returns.

Tax deduction(s) available u/s 80C of the Income Tax Act, 1961 is subject to conditions specified therein.Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future.Investors are advised to consult their tax advisor in view of individual nature of tax benefits.The Financial Solution (Savings Solution) stated above is ONLY for highlighting the many advantages perceived from investments in Mutual Funds but does not in any manner, indicate or imply, either the quality of any particular Scheme or guarantee any specific performance/returns.

38

Birla Sun Life Tax Relief ‘96

What is it?A fund that provides an opportunity to save tax while growing your money through Equity investments.

Fund Details

Fund Manager: Mr. Ajay GargManaging Fund Since: October 01, 2006Total Experience: 21 yearsDate of inception: March 29, 1996Nature of the scheme: An Open-ended ELSS Scheme with a lock - in of 3 years from the date of allotment.Application Amount for fresh subscription*:` 500 (plus in multiplies of ` 1)Min.Addl.Investment:` 500 (plus in multiplies of ` 1)

SIP:Monthly: Minimum ` 500/- plus 5 post dated cheques for a minimum of ` 500/- each.

NAV of Plans / Options (`)Regular Plan Growth (w.e.f. 06/03/08): 15.08 Dividend: 96.41 Direct Plan$




Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load: Nil


As on May 30, 2014

TAX SAVINGSSOLUTIONS

Tax deduction(s) available u/s 80C of the Income Tax Act, 1961 is subject to conditions specified therein.Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future.Investors are advised to consult their tax advisor in view of individual nature of tax benefits.


ICRA Ltd 5.71% Larsen & Toubro Ltd 3.88%

Reliance Industries Ltd 5.13% Tata Consultancy Services Ltd 3.78%

ICICI Bank Ltd 5.07% Bayer CropScience Ltd 3.63%

Honeywell Automation India Ltd 4.31% Cummins India Ltd 3.23%

ING Vysya Bank Ltd 3.91% MRF Ltd 2.97%





(`)

Birla Sun Life Tax

Relief ‘96 (%)

S&P BSE 200 # (%)

CNX Nifty ## (%)


Birla Sun Life Tax

Relief ‘96 (`)

S&P BSE 200# (`)

CNX Nifty ## (`)



73.01 24.55 17.19 17.98 12455 11719 11798


69.48 9.25 6.03 7.31 10925 10603 10731


82.85 -9.97 -9.28 -9.23 9003 9072 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Ajay Garg is 10. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


39

Birla Sun Life Tax Plan

What is it?A fund that provides an opportunity to save tax while growing your money through Equity investments.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Ajay GargManaging Fund Since: October 17, 2011Total Experience: 21 yearsDate of inception: February 16, 1999Nature of the scheme: An Open-ended ELSS Scheme with a lock - in of 3 years from the date of allotment.Application Amount for fresh subscription*:` 500 (plus in multiplies of ` 1)Min.Addl.Investment:` 500 (plus in multiplies of ` 1)

SIP:Monthly: Minimum ` 500/- plus 5 post dated cheques for a minimum of ` 500/- each.


Growth: 19.54 Dividend: 64.34 Benchmark: S&P BSE SENSEX




TAX SAVINGSSOLUTIONS


ICRA Ltd 5.66% ING Vysya Bank Ltd 3.88%

Reliance Industries Ltd 5.15% Tata Consultancy Services Ltd 3.79%

ICICI Bank Ltd 5.08% Bayer CropScience Ltd 3.59%

Honeywell Automation India Ltd 4.29% Cummins India Ltd 3.24%

Larsen & Toubro Ltd 3.89% MRF Ltd 2.98%



Tax deduction(s) available u/s 80C of the Income Tax Act, 1961 is subject to conditions specified therein.Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future.Investors are advised to consult their tax advisor in view of individual nature of tax benefits.



(`)


(%)

S&P BSE SENSEX

# (%)

CNX Nifty ## (%)


Birla Sun Life Tax Plan (`)

S&P BSE SENSEX

# (`)

CNX Nifty## (`)



45.34 23.67 18.85 17.98 12367 11885 11798


42.96 8.94 8.23 7.31 10894 10823 10731


47.17 -6.86 -10.50 -9.23 9314 8950 9077

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Ajay Garg is 10. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.


40

Regular Income Solutions

What are Regular IncomeSolutions?

Our Regular Income Solutions aim to preserve your money and provide regular income.

Who can benefit from Regular Income Solutions?

This is an ideal solutions for investors who are interested in alternative modes of regular income, either in present of after retirement stage, and have low propensity for risk.(Regular income is not assured & is subject to availability of distributable surplus.)

Benefits of Regular Income Solutions:

They aim to preserve your money & provide regular income: These schemes generally invest in instruments like bonds of reputed Indian companies and securities (bonds) issued by the Government of India which are considered relatively safe in order to generate regular income for you.

They aim to fight Inflation: A small part is invested in equity i.e. stocks of Indian companies to help you stay ahead of inflation.

Tax-efficient Returns: You may opt for a monthly dividend option where, in addition to the growth of your invested amount, a portion of the same comes to you as monthly income which is given in the form of dividends. These dividends are completely tax-free in your hands!

A dividend distribution tax of 28.325% is applicable and is deducted by the fund house.

The DDT rate of 28.325% is effective June 01, 2013 and further, upto May 31, 2013 DDT rate applicable shall be 14.1625% as amended by Finance Bill/Act 2013.

Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future.

Investors are advised to consult their tax advisor in view of individual nature of tax benefits

Wherever mentioned, Regular Income / Second Income / Monthly Dividend is not assured and is subject to availability of distributable surplus. The Financial Solution (Regular Income Solution) statedabove is ONLY for highlighting the many advantages perceived from investments in Mutual Funds but does not in any manner, indicate or imply, either the quality of any particular Scheme or guarantee any specific performance/returns.

41

Birla Sun Life Monthly Income (An open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus.)

What is it?A fund that seeks to provide you regular income with an opportunity to grow your money through fixed income investments and a limited exposure to the equity markets.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Satyabrata Mohanty & Mr. Kaustubh GuptaManaging Fund Since: June 18, 2009Total Experience: 14 years & 7 yearsDate of inception: July 14, 1999Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 46.5177 Dividend: 11.5894 Quarterly Dividend: 12.0411 Direct Plan$

Growth: 46.9297 Dividend: 12.2999 Quarterly Dividend: 12.2770

Benchmark: CRISIL MIP Blended Index


Load Structure (as % of NAV) (Incl .for SIP)Entry Load: NilExit Load**: 1.00% if redeemed / switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Other ParameterModified Duration: 5.49 yearsYield to Maturity: 9.14%(for Debt Component)Standard Deviation: 4.18%Sharpe Ratio##: -0.07Beta: 0.82


Rating Profile of Portfolio


Government of India 47.07% SOV Repco Home Finance Ltd 2.47%

Power Finance Corporation Ltd 15.52% CRISIL AAA ICICI Bank Ltd 1.31%

Power Grid Corporation of India Ltd 5.07% CRISIL AAA IPCA Laboratories Ltd 1.28%

State Government Securities 4.32% SOV Kewal Kiran Clothing Ltd 1.04%

DLF Ltd 3.71% ICRA A Eicher Motors Ltd 0.86%



Date of Inception: July 14, 1999 NAV Per Unit. *

(`)

Birla Sun Life Monthly Income (%)

CRISIL MIP Blended Index #

(%)

CRISIL 10Year GiltIndex ##

(%)


Birla Sun Life Monthly

Income (`)

CRISIL MIP Blended

Index # (`)

CRISIL 10Year Gilt

Index## (`)


10.0000 10.73 N/A N/A 44858 N/A N/A


41.8609 7.16 6.52 -0.96 10716 10652 9904

March 30, 2012 toMarch 28, 2013 (Absolute)

38.9963 7.35 9.06 11.25 10735 10906 11125


36.6220 6.48 5.24 2.43 10648 10524 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown.Performance of scheme may or may not be strictly comparable with that of its additional benchmark in view of hybrid nature of scheme.Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Total Schemes managed by Mr. Kaustubh Gupta is 116. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



51.39% 20.95%

17.11% 6.49%

3.71% 0.35%

SOV AAAUnrated Cash & Current AssetsBelow AA AA

42

Birla Sun Life MIP (An open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus.)


Fund Details

As on May 30, 2014

Fund Manager: Mr. Satyabrata Mohanty & Mr. Kaustubh GuptaManaging Fund Since: June 18, 2009Total Experience: 14 years & 7 yearsDate of inception: November 20, 2000Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 33.9575 Monthly Dividend: 11.7028 Direct Plan$ Growth: 34.1662 Monthly Dividend: 12.4997 Benchmark: CRISIL MIP Blended Index


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 2.00% if redeemed / switched out within 365 days from the date of allotment.1.00%if redeemed/switched out after 365 days but before 730 days from the date of allotment. Nil if redeemed / switched out after 730 days from the date of allotment. (w.e.f June 06, 2013) **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Other ParameterModified Duration: 2.58 yearsYield to Maturity: 10.59%(for Debt Component)Standard Deviation: 4.11%Sharpe Ratio##: -0.02Beta: 0.78




DLF Ltd 19.02% ICRA A RHC Holding Pvt Ltd 4.72% IND A1(SO)

Indiabulls Housing Finance Ltd 15.99% CARE AA+ Government of India 4.48% SOV

Power Finance Corporation Ltd 15.16% CRISIL AAA J.Kumar Infraprojects Ltd 1.37%

State Government Securities 9.37% SOV ICICI Bank Ltd 1.06%

IDBI Bank Ltd 6.48% CRISIL AA+ National Bank For Agriculture and Rural Development 0.95% CRISIL AAA




(`)

Birla Sun Life MIP (%)


(%)


(%)


Birla Sun Life MIP

(`)

CRISIL MIP Blended

Index # (`)

CRISIL 10Year Gilt

Index ## (`)


10.0000 9.32 N/A N/A 32895 N/A N/A


30.4733 7.95 6.52 -0.96 10795 10652 9904


28.1016 8.44 9.06 11.25 10844 10906 11125


26.6051 5.62 5.24 2.43 10562 10524 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown.Performance of scheme may or may not be strictly comparable with that of its additional benchmark in view of hybrid nature of scheme.Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Total Schemes managed by Mr. Kaustubh Gupta is 116. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



22.47%

19.02% 18.30%

16.10%

13.86% 5.53% 4.72%

AA Below AAUnrated AAASOV Cash & Current AssetsIND A1(SO)


Government of India 36.99% SOV State Government Securities 2.67% SOV

Power Finance Corporation Ltd 10.58% CRISIL AAA Power Grid Corporation of India Ltd 2.49% CRISIL AAA

Yes Bank Ltd 5.42% ICRA AA Export Import Bank of India 2.49% CRISIL AAA

DLF Ltd 5.15% ICRA A Eicher Motors Ltd 2.46%

Repco Home Finance Ltd 3.43% ICICI Bank Ltd 1.74%


43

Birla Sun Life MIP II - Wealth 25 Plan (An open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus.)


Fund Details

As on May 30, 2014

Fund Manager: Mr. Satyabrata Mohanty & Mr. Kaustubh GuptaManaging Fund Since: June 18, 2009Total Experience: 14 years & 7 yearsDate of inception: May 22, 2004Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 24.2192 Monthly Dividend: 12.3560 Direct Plan$

Growth: 24.3768 Monthly Dividend: 13.7135

Benchmark: CRISIL MIP Blended Index


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: 1% if redeemed/switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Other ParameterModified Duration: 5.12 yearsYield to Maturity: 9.34%(for Debt Component)Standard Deviation: 5.93%Sharpe Ratio##: 0.35 Beta: 1.05





(`)

Birla Sun Life MIP II - Wealth 25 Plan (%)


(%)


(%)


Birla Sun Life MIP

II - Wealth 25 Plan

(`)

CRISIL MIP Blended

Index # (`)

CRISIL 10Year Gilt

Index ## (`)


10.0000 8.83 7.39 4.13 23044 20209 14909


20.4349 12.77 6.52 -0.96 11277 10652 9904


18.8820 8.22 9.06 11.25 10822 10906 11125


17.8300 5.90 5.24 2.43 10590 10524 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Performance of scheme may or may not be strictly comparable with that of its additional benchmark in view of hybrid nature of scheme.Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Total Schemes managed by Mr. Kaustubh Gupta is 116. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



39.66%

29.88%

15.56%

5.42% 5.15% 4.33%

SOV UnratedAAA AABelow AA Cash & Current Assets

44

Birla Sun Life MIP II - Savings 5 Plan (An open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus.)


Fund Details

As on May 30, 2014

Fund Manager: Mr. Satyabrata Mohanty & Mr. Kaustubh GuptaManaging Fund Since: June 18, 2009Total Experience: 14 years & 7 yearsDate of inception: May 22, 2004Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth : 23.3268 Monthly Dividend: 12.0281 Direct Plan$

Growth : 23.4669 Monthly Dividend: 12.5132 Benchmark: CRISIL MIP Blended Index


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load** : 1% if redeemed/switched out within 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Other ParameterModified Duration: 5.44 yearsYield to Maturity: 9.24%(for Debt Component)Standard Deviation: 3.63%Sharpe Ratio##: 0.33Beta: 0.70



Government of India 43.88% SOV Repco Home Finance Ltd 1.74%

Power Finance Corporation Ltd 21.97% CRISIL AAA NIIT Technologies Ltd 0.61%

State Government Securities 10.04% SOV ICICI Bank Ltd 0.60%

Food Corporation Of India 5.93% CRISIL AAA(SO) Indusind Bank Ltd 0.60%

DLF Ltd 4.28% ICRA A V-Mart Retail Limited 0.59%





(`)

Birla Sun Life MIP

II - Savings 5 Plan (%)

CRISIL MIP Blended

Index # (%)


(%)


Birla Sun Life MIP II

- Savings 5 Plan (`)


(`)

CRISIL 10Year Gilt

Index ## (`)


10.0000 8.56 7.39 4.13 22483 20209 14909



19.1347 9.15 9.06 11.25 10915 10906 11125


17.5357 9.12 5.24 2.43 10912 10524 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns.Performance of scheme may or may not be strictly comparable with that of its additional benchmark in view of hybrid nature of scheme. Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Total Schemes managed by Mr. Kaustubh Gupta is 116. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



53.92%

28.40%

11.19% 4.28% 2.21%

SOV AAAUnrated Below AACash & Current Assets

45

Savings Solutions

What are Saving Solutions?

Our Savings Solutions are aimed at preserving your money, providing you with liquidity and giving you tax-efficient returns.

Who can benefit from SavingSolutions?

This is an ideal solution for investors who have low - medium propensity for risk and high liquidity. These can be ideal for first time investors in mutual funds.

Benefits of Savings Solutions:

Make Inflation work in your favour: Inflation affects your returns from any investment including mutual funds. But, in case of savings solutions, you can use it to your advantage - through indexation - which can help you reduce the amount on which you have to pay tax. You can benefit from indexation, if investing for more than 1 year. Please consult your tax advisor on how to take advantage of indexation.

Aim to preserve your money: These schemes generally invest in instruments like bonds of reputed Indian companies and securities (bonds) issued by the Government of India which are considered relatively safe.

Aim to provide Liquidity: If you need to withdraw your money, all you have to do is submit a redemption slip and your money is normally credited to your bank account within one working day. You may also opt for an online redemption facility offered by many fund houses for added convenience.

Tax-efficient returns: You can earn returns in the form of monthly / quarterly dividends etc. which are completely tax-free in your hands. A dividend distribution tax of 28.325% is applicable and is deducted by the fund house.

There are various savings solutions available depending on the time period that you would like to invest for: a. 1 day to 3 months b. 3 to 6 months c. 6 months to 1 year d. 1 year +

The DDT rate of 28.325% is effective June 01, 2013 and further, upto May 31, 2013 DDT rate applicable shall be 14.1625% as amended by Finance Bill/Act 2013.

Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future.

Investors are advised to consult their tax advisor in view of individual nature of tax benefits The Financial Solution (Savings Solution) stated above is ONLY for highlighting the many advantages perceived from investments in Mutual Funds but does not in any manner, indicate or imply, either the quality of any particular Scheme or guarantee any specific performance/returns.

Birla Sun Life Cash Plus

What is it?A fund that aims to provide the convenience of a savings account with the opportunity to earn higher post-tax returns. (Investors are advised to consult their tax advisor in view of individual nature of tax benefits.)

Fund Details

As on May 30, 2014

Fund Manager: Mr. Kaustubh Gupta & Ms. Sunaina Da CunhaManaging Fund Since: July 15, 2011Total Experience: 7 years & 9 yearsDate of inception: June 16, 1997Nature of the scheme: An Open-ended Liquid SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)^ Retail PlanGrowth: 338.9196 Dividend: 163.6940 Institutional PlanGrowth: 347.7999 Dividend: 108.0230 Weekly Dividend: 108.0680 Regular Plan$

Growth: 208.8525 Daily Dividend: 100.1950 Weekly Dividend: 100.2250 Direct Plan$ Growth: 208.9927 Daily Dividend: 100.1950 Weekly Dividend: 100.2250Dividend: 111.5269

Benchmark: CRISIL Liquid Fund Index


Load Structure (as % of NAV)Entry Load: NilExit Load: Nil

Other Parameter Modified Duration : 0.10 yearsYield to Maturity: 8.90%Standard DeviationRetail Plan: 0.29%Institutional Plan: 0.29%Regular Plan: 0.29%

46

SAVINGS SOLUTIONS

^The Face Value per unit of all the plans/ options under Birla Sun Life Cash Plus has been changed from `.10/- to `.100/- effective from October 07, 2011



Government of India 8.50% SOV Sesa Sterlite Ltd 4.30% CRISIL A1+

Indusind Bank Ltd 8.42% CRISIL A1+ Axis Bank Ltd 2.32%

UCO Bank 6.28% CRISIL A1+ Power Finance Corporation Ltd 2.32% CRISIL AAA,ICRA A1+

Allahabad Bank 5.74% ICRA A1+ Tata Capital Financial Services Ltd 2.23% CARE AA+,ICRA A1+,ICRA AA+

Housing Development Finance Corporation Ltd 4.48% CRISIL AAA,ICRA A1+ Oriental Bank of Commerce 2.13% CRISIL A1+


Note:Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Ex-plorer.


(`)

Birla Sun Life Cash Plus (%)

CRISIL Liquid

Fund Index # (%)

CRISIL 1Year T-BillIndex ##

(%)


Birla Sun Life Cash Plus (`)

CRISIL Liquid

Fund Index # (`)

CRISIL 1Year T-Bill

Index ## (`)

Since inception till March 31, 2014 (CAGR) 100.0000 7.44 N/A 6.51 33397 N/A 28870




# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown.Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Kaustubh Gupta is 116. Total Schemes managed by Ms. Sunaina Da Cunha is 5. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.

Investment Performance - Retail Plan - Growth NAV as on March 31, 2014: ` 333.9723

$These Plan/Options continue for fresh subscriptions under the scheme. ‘Direct Plan’ is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor. For further details, Investors are advised to refer to Addendum no. 44/2012 dated December 27, 2012 available on our website www.birlasunlife.com

65.01% 11.84%

10.45% 8.50%

4.20%

AAA Cash & Current AssetsUnrated SOVAA

47

Birla Sun Life Cash Manager


Fund Details

As on May 30, 2014

Fund Manager: Mr. Kaustubh Gupta & Ms. Sunaina Da CunhaManaging Fund Since: July 15, 2011Total Experience: 7 years & 9 yearsDate of inception:Retail Plan: May 14, 1998Institutional Plan: September 27, 2004Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)^Regular Plan$

Growth: 313.3680 Daily Dividend: 100.3802 Weekly Dividend: 100.3005Institutional PlanGrowth: 219.7143 Daily Dividend: 100.2162 Weekly Dividend: 100.2873 Direct Plan$

Growth: 316.8362 Daily Dividend: 100.3629 Weekly Dividend: 100.2935

Benchmark: CRISIL Short Term Bond Fund Index


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load: NilOther ParameterModified Duration: 0.39 yearsYield to Maturity: 9.35%Standard Deviation:Regular Plan: 0.68%Institutional Plan: 0.65%

SAVINGS SOLUTIONS

^The Face Value per unit of all the plans/ options under Birla Sun Life Cash Manager has been changed from `.10/- to `.100/- effective from October 07, 2011



Tata Motors Finance Ltd 10.28% CRISIL AA Kotak Mahindra Prime Ltd 5.65% CRISIL AA+

Sesa Sterlite Ltd 9.17% CRISIL A1+ Godrej Consumer Products Ltd 4.86% ICRA AA

Shapoorji Pallonji & Co Ltd 8.34% ICRA A1+ Vodafone India Ltd 3.94% CRISIL A1+

National Bank For Agriculture and Rural Development 6.87% CRISIL AAA Canara Bank 3.11% CRISIL A1+

Indiabulls Housing Finance Ltd 6.24% CARE AA+ Shriram Transport Finance Company Ltd 2.64% CRISIL AA


Note:Standard Deviation is calculated on annualised basis using 3 years history of monthly returns, source: MFI Explorer.


(`)

Birla Sun Life Cash

Manager (%)

CRISIL Short Term Bond Fund

Index # (%)


(%)


Birla Sun Life Cash Manager

(`)

CRISIL Short Term Bond Fund Index # (`)

CRISIL 1 Year

T-Bill Index ## (`)


100.0000 7.35 N/A 6.38 30860 N/A 26725


282.4841 9.25 8.86 5.84 10925 10886 10584


259.5964 8.82 9.05 8.33 10882 10905 10833


238.5650 8.82 8.28 6.59 10882 10828 10659

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown.Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Kaustubh Gupta is 116. Total Schemes man-aged by Ms. Sunaina Da Cunha is 5. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



48.84% 32.84%

9.51%

2.59% 2.16% 1.95% 1.24% 0.86%

AAA AACash & Current Assets SOVBelow AA CARE A1+(SO)CRISIL AAA (SO) IND AA-

48

Birla Sun Life Savings Fund


Fund Details

Fund Manager: Mr. Kaustubh GuptaManaging Fund Since: July 15, 2011Total Experience: 7 yearsDate of inceptionRetail Plan: November 27, 2001Institutional Plan: April 16, 2003Nature of the scheme: An Open-ended Short Term Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)

SIP:Monthly: Minimum ` 1,000/- plus 5 post dated cheques for a minimum of ` 1,000/- each..

NAV of Plans / Options (`)^Retail PlanGrowth: 241.7142 Daily Dividend: 100.2963 Weekly Dividend: 100.4286 Regular Plan$

Growth: 249.8050 Daily Dividend: 100.2970 Weekly Dividend: 100.4285Direct Plan$





Other ParameterModified Duration: 0.46 yearsYield to Maturity: 9.20%Standard DeviationRetail Plan: 0.65%Regular Plan: 0.64%

SAVINGS SOLUTIONS

As on May 30, 2014

^The Face Value per unit of all the plans/ options under Birla Sun Life Savings Fund has been changed from `.10/- to `.100/- effective from October 07, 2011



Power Finance Corporation Ltd 10.54% CRISIL AAA Bank of Maharashtra 4.02% CRISIL A1+

Kotak Mahindra Prime Ltd 5.63% CRISIL A1+,CRISIL AA+ Sesa Sterlite Ltd 4.01% CRISIL A1+

Indiabulls Housing Finance Ltd 5.49% CARE AA+ Cholamandalam Investment and Finance Company Ltd 3.72% ICRA A1+,ICRA AA,

IND AA-

Fullerton India Credit Co Ltd 4.40% ICRA A1+ Tata Motors Finance Ltd 3.27% CRISIL AA

Mahindra & Mahindra Financial Services Ltd 4.12% CRISIL A1+,CRISIL AA+ Dewan Housing Finance Corporation Ltd 2.81% CARE AA+


Note:Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer.


(`)

Birla Sun Life Savings

Fund (%)


Index # (%)


(%)


Birla Sun Life Savings Fund (`)


CRISIL 1Year T-Bill

Index ## (`)


100.0000 7.27 N/A 5.57 23793 N/A 19536


216.8372 9.73 8.86 5.84 10973 10886 10584


198.6414 9.16 9.05 8.33 10916 10905 10833


181.9280 9.19 8.28 6.59 10919 10828 10659

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown.Total Schemes managed by Mr. Kaustubh Gupta is 116. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



60.94% 23.20%

11.75% 2.36% 0.96% 0.46% 0.33%

AAA AACash & Current Assets SOVIND AA- CRISIL AAA (SO)IND AA+

49

Birla Sun Life Treasury Optimizer Plan(earlier Birla Sun Life Ultra Short Term Fund)

What is it?A fund that aims to provide the convenience of parking your savings with an opportunity to earn higher post-tax returns. (Investors are advised to consult their tax advisor in view of individual nature of tax benefits)

Fund Details

As on May 30, 2014

Fund Manager: Mr. Kaustubh Gupta & Mr. Prasad DhondeManaging Fund Since: September 29, 2009Total Experience: 7 years & 7 yearsDate of inception: April 19, 2002Nature of the scheme: An Open-ended Short Term Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)^Retail PlanGrowth: 237.4217 Monthly Dividend: 102.3754 Quarterly Dividend: 107.9550 Regular Plan$

Growth: 158.1604 Monthly Dividend: 102.3966 Quarterly Dividend: 104.9073 Dividend: 107.1137Direct Plan$

Growth: 158.4063 Monthly Dividend: 102.4648 Quarterly Dividend: 104.9763 Dividend: 107.1905



Load Structure (as % of NAV) (Incl. for SIP)Entry Load : NilExit Load : For redemption / switch- out of units within 90 days from the date of allotment: 0.25% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil

Other ParameterModified Duration: 2.40 yearsYield to Maturity: 9.25%Standard Deviation: 0.72%

SAVINGS SOLUTIONS

^The Face Value per unit of all the plans/ options under Birla Sun Life Ultra Short Term Fund has been changed from `.10/- to `.100/- effective from October 07, 2011



IOT Utkal Energy Services Limited 13.52% CRISIL AAA (SO) Housing Development Finance Corporation Ltd 8.37% CRISIL AAA

State Government Securities 13.10% SOV Export Import Bank of India 8.14% CRISIL AAA

Rural Electrification Corporation Ltd 12.69% CRISIL AAA Steel Authority of India Ltd 6.62% CARE AAA

Power Finance Corporation Ltd 11.59% CRISIL AAA India Infradebt Ltd 5.36% CRISIL AAA

LIC Housing Finance Ltd 11.10% CRISIL AAA Airport Authority of India Ltd 2.01% CRISIL AAA



Date of Inception: April 19, 2002 NAV Per Unit. *

(`)

Birla Sun Life Treasury

Optimizer Plan (%)


Index # (%)


(%)


Birla Sun Life Treasury Optimizer

Plan (`)


CRISIL 1 Year

T-Bill Index ## (`)


100.0000 7.30 6.79 5.50 23212 21945 18974


211.1607 9.92 8.86 5.84 10992 10886 10584


193.4296 9.17 9.05 8.33 10917 10905 10833


176.9900 9.29 8.28 6.59 10929 10828 10659

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Kaustubh Gupta is 116. Total Schemes managed by Mr. Prasad Dhonde is 19. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



65.88% 13.52%

13.10% 7.50%

AAA CRISIL AAA (SO)SOV Cash & Current Assets

50

Birla Sun Life Dynamic Bond Fund

What is it?An income solution that aims to generate optimal returns through active management by capturing positive price and credit spread movements.

Fund Details

Fund Manager: Mr. Maneesh DangiManaging Fund Since: September 12, 2007Total Experience: 13 yearsDate of inception: September 27, 2004Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 21.7971 Monthly Dividend: 10.4739 Quarterly Dividend: 11.1060Direct Plan$

Growth: 21.9002Monthly Dividend: 10.4201 Quarterly Dividend: 11.1723

Benchmark: CRISIL Short Term Bond Fund Index (w.e.f 27 May, 2013)




SAVINGS SOLUTIONS

As on May 30, 2014 Rating Profile of Portfolio


Government of India 72.35% SOV Food Corporation Of India 0.39% CRISIL AAA (SO)

Housing Development Finance Corporation Ltd 7.60% CRISIL AAA Reliance Gas Transportation

Infrastructure Ltd 0.39% CARE AAA,CRISIL AAA

State Government Securities 6.98% SOV Rural Electrification Corporation Ltd 0.33% CRISIL AAA

Power Finance Corporation Ltd 6.86% CRISIL AAA,ICRA AAA HDB Financial Services Ltd 0.32% CARE AAA

LIC Housing Finance Ltd 1.40% CRISIL AAA Cholamandalam Investment and Finance Company Ltd 0.27% IND AA-



Date of Inception: Sept 27, 2004 NAV Per Unit. *

(`)

Birla Sun Life Dynamic Bond Fund

(%)


Index # (%)

CRISIL 10Year Gilt

Index ## (%)


Birla Sun Life Dynamic

Bond Fund (`)


CRISIL 10Year Gilt

Index ## (`)


10.0000 8.23 7.08 4.80 21216 19165 15617


19.8395 6.94 8.86 -0.96 10694 10886 9904


17.9618 10.45 9.05 11.25 11045 10905 11125


16.3713 9.72 8.28 2.43 10972 10828 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Maneesh Dangi is 1. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



79.33%

16.97% 2.80% 0.39% 0.27% 0.23%

SOV AAACash & Current Assets CRISIL AAA (SO)IND AA- AA

51

Fund Details

As on May 30, 2014

Fund Manager: Mr. Lokesh Mallya & Ms. Sunaina Da CunhaManaging Fund Since: July 15, 2011Total Experience: 7 years & 9 yearsDate of inception: May 09, 2003Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)*Regular Plan$

Growth: 20.9668 Dividend: 13.4092 Quarterly Dividend: 10.6585 Institutional PlanGrowth: 15.4243 Dividend: - Direct Plan$ Growth: 21.1518 Dividend: 13.5234 Quarterly Dividend: 10.7799 *the dividend options under the scheme have been renamed w.e.f July 02, 2012. Please refer addendum no. 28/2012 dated June 29, 2012 for further details.

Benchmark: CRISIL AA Short Term Bond Index (w.e.f May 27, 2013)

Quarterly Average AUM: ` 2,668.96 Crores(as on 31st March 2014)Load Structure (as % of NAV) (Incl .for SIP)Entry Load: NilExit Load**: For redemption / switch- out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil ** Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.


Note:Standard Deviation Is calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer.



Rural Electrification Corporation Ltd 14.91% CRISIL AAA Housing Development Finance Corporation Ltd 3.16% CRISIL AAA

Power Finance Corporation Ltd 14.40% CRISIL AAA Sterlite Technologies Ltd 2.92% CRISIL A+

TRIL Infopark Ltd (TATA Realty SPV) 7.81% BWR A(SO) GSPC Distribution Networks Ltd. 2.91% CARE AA+ (SO)

LIC Housing Finance Ltd 6.78% CRISIL AAA RHC Holding Pvt Ltd 2.87% IND A1(SO)

Tata Motors Finance Ltd 3.16% CRISIL AA Indiabulls Housing Finance Ltd 2.55% CARE AA+



(`)

Birla Sun LifeShort Term

OpportunitiesFund (%)

CRISIL AA Short

Term Bond Index #

(%)

CRISIL 1Year T - Bill

Index ## (%)


Birla Sun LifeShort Term

OpportunitiesFund (`)

CRISIL AA Short

Term Bond Index # (`)


Index## (`)


10.0000 6.83 8.61 5.40 20552 24614 17742


18.6525 10.18 9.81 5.84 11018 10981 10584


16.7181 11.57 11.00 8.33 11157 11100 10833


15.3041 9.24 9.62 6.59 10924 10962 10659

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Lokesh Mallya is 1. Total Schemes managed by Ms. Sunaina Da Cunha is 5. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



Birla Sun Life Short Term Opportunities Fund

SAVINGS SOLUTIONSWhat is it?A scheme that focuses on enhancing the portfolio returns by identifying and selectively investing in mispriced credit opportunities in the market.

46.03% 22.13%

10.92%

4.71%

3.70% 3.53% 2.92% 2.87% 2.16% 0.75% 0.29%

AAA AABelow AA CARE AA+ (SO)Cash & Current Assets CRISIL AAA (SO)CRISIL A+ IND A1(SO)BWR AA+ CARE AA-SOV


DLF Ltd 11.22% ICRA A Sterlite Technologies Ltd 4.98% CRISIL A+

RKN RETAIL PVT. LTD 9.66% BWR A-(SO) TRIL Infopark Ltd (TATA Realty SPV) 4.77% BWR A(SO)

IOT Utkal Energy Services Limited 6.70% CRISIL AAA (SO) Cholamandalam Investment and Finance Company Ltd 4.10% ICRA AA

Tata Motors Finance Ltd 6.49% CRISIL AA Food Corporation Of India 3.54% CRISIL AAA (SO)

Power Finance Corporation Ltd 5.99% CRISIL AAA Indiabulls Housing Finance Ltd 3.51% CARE AA+

52

Birla Sun Life Medium Term Plan

What is it?An income scheme that aims to optimize returns by identifying mispriced credit opportunities in medium term securities in the market and then selectively investing in them.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Rohit Murarka Managing Fund Since: January 02, 2013Total Experience: 7 yearsDate of inception: March 25, 2009Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan$

Growth: 15.5688 Quarterly Dividend: 10.5551 Half Yearly Dividend: 10.8613 Dividend: 11.5407 Institutional PlanGrowth: 15.1148 Quarterly Dividend: - Half Yearly Dividend: 10.8627 Direct Plan$

Growth: 15.6939 Quarterly Dividend: 10.6779 Half Yearly Dividend: 11.1583 Dividend: 11.6284 Benchmark: CRISIL AA Short Term Bond Index (w.e.f May 27, 2013)

Quarterly Average AUM: ` 2,323.89 Crores(as on 31st March 2014)Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: For redemption / switch-out of units within 365 days from the date of allotment: 2.00% of applicable NAV. For redemption / switch- out of units after 365 days but before 730 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 730 days from the date of allotment: Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.Other ParameterModified Duration: 1.87 yearsYield to Maturity: 10.56%Standard Deviation:Institutional Plan: 2.12%

SAVINGS SOLUTIONS




(`)

Birla Sun Life Medium

Term Plan (%)

CRISIL AA Short

Term Bond Index #

(%)


(%)


Birla Sun Life Medium

Term Plan (`)

CRISIL AA Short

Term Bond Index # (`)

CRISIL 10Year Gilt

Index ## (`)


10.0000 8.75 9.70 3.76 15234 15916 12037


13.7937 10.44 9.81 -0.96 11044 10981 9904


12.4024 11.22 11.00 11.25 11122 11100 11125


11.3027 9.73 9.62 2.43 10973 10962 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes managed by Mr. Rohit Murarka is 1. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.




29.24%

29.00% 10.75%

10.24%

5.37% 4.98% 3.11% 2.96% 2.46% 1.72% 0.17%

AA Below AAAAA CRISIL AAA (SO)CARE AA+ (SO) CRISIL A+IND A1(SO) Cash & Current AssetsBWR AA+ BWR A (SO)IND A

53

Birla Sun Life Short Term Fund(erstwhile Birla Sun Life Income Fund. Name changed w.e.f February 01, 2012)

What is it?A moderate income scheme that invests in diversified portfolio of debt and money market instruments of short to medium term maturity which can offer superior levels of yields at relatively lower levels of risk.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Prasad DhondeManaging Fund Since: July 01, 2011Total Experience: 13 yearsDate of inception: March 3, 1997Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 48.1279 Dividend: 10.6388 Monthly Dividend: 11.8116Direct Plan$

Growth: 48.2014 Dividend: 10.7265 Monthly Dividend: 11.8170

Benchmark: CRISIL Short Term Bond Fund Index (w.e.f May 27, 2013)


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: For Redemption / Switch- out of units within 30 days from the date of allotment: 0.50% of applicable NAV. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.


SAVINGS SOLUTIONS



Rural Electrification Corporation Ltd 13.43% CARE A1+,CRISIL AAA IDFC Ltd. 6.62% ICRA AAA

LIC Housing Finance Ltd 13.30% CARE AAA,CRISIL AAA Bank of Baroda 3.66% ICRA A1+

Power Finance Corporation Ltd 13.01% CRISIL AAA,ICRA AAA Sundaram Finance Ltd 2.80% ICRA AA+

State Government Securities 11.46% SOV Andhra Bank 2.65% CARE A1+

Housing Development Finance Corporation Ltd 10.35% CRISIL AAA,ICRA AAA Indian Bank 2.12% IND A1+



Date of Inception: March 3, 1997 NAV Per Unit. *

(`)

Birla Sun Life Short Term Fund

(%)


Index # (%)

CRISIL 10Year Gilt

Index ## (%)


Birla Sun Life Short Term Fund

(`)


CRISIL 10Year Gilt

Index ## (`)


10.0000 9.51 N/A N/A 47191 N/A N/A


43.4029 8.73 8.86 -0.96 10873 10886 9904


39.2656 10.54 9.05 11.25 11054 10905 11125


35.8062 9.66 8.28 2.43 10966 10828 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown.Total Schemes managed by Mr. Prasad Dhonde is 19. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



73.40%

11.46% 7.38%

5.80% 1.96%

AAA SOVAA Cash & Current AssetsIND AAA

54

Birla Sun Life Income Plus

What is it?A fund that invests in a combination of bonds and Government securities of varying maturities from time to time with an aim to optimize returns.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Prasad DhondeManaging Fund Since: January 11, 2010Total Experience: 13 yearsDate of inception: October 21, 1995Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)Regular Plan Growth: 55.7335 Quarterly Dividend: 12.7853 Direct Plan$

Growth: 56.1763 Quarterly Dividend: 12.9568

Benchmark: CRISIL Composite Bond Fund Index


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load: For redemption / switch-out of units within 180 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 180 days from the date of allotment: Nil.


SAVINGS SOLUTIONS



Government of India 50.06% SOV Bank of India 2.91% CRISIL A1+

Indian Infrastructure Fin Co Ltd 7.59% ICRA AAA Power Finance Corporation Ltd 2.61% CRISIL AAA

State Government Securities 6.81% SOV India Infradebt Ltd 2.49% CRISIL AAA

Hindalco Industries Ltd 5.34% CRISIL AA+ Corporation Bank 1.17% CRISIL A1+

Punjab National Bank 4.42% CARE A1+,ICRA A1+ National Highways Auth Of Ind 0.64% CRISIL AAA




(`)

Birla Sun Life Income

Plus (%)

CRISIL Composite Bond Fund

Index # (%)

CRISIL 10Year Gilt

Index ## (%)


Birla Sun Life Income Plus (`)

CRISIL Composite Bond Fund Index # (`)

CRISIL 10Year Gilt

Index## (`)


10.0000 9.57 N/A N/A 54030 N/A N/A


53.1973 1.57 4.39 -0.96 10157 10439 9904


47.8041 11.28 9.24 11.25 11128 10924 11125


44.0331 8.56 7.68 2.43 10856 10768 10243

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When additional benchmark returns are not available, they have not been shown.Total Schemes managed by Mr. Prasad Dhonde is 19. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



56.87% 25.82%

11.84% 5.34% 0.13%

SOV AAACash & Current Assets AACRISIL AAA (SO)

55

Birla Sun Life Floating Rate Fund - Short Term Plan

What is it?A fund that provides the convenience of parking your savings with an opportunity to earn higher post-tax returns. (Investors are advised to consult their tax advisor in view of individual nature of tax benefits.)

Fund Details

As on May 30, 2014

Fund Manager: Mr. Kaustubh Gupta & Ms. Sunaina Da CunhaManaging Fund Since: July 15, 2011Total Experience: 7 years & 9 yearsDate of inception: June 05, 2003Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)^Retail PlanGrowth: 213.4820 Daily Dividend: 100.0150 Weekly Dividend: 103.9207 Regular Plan$

Growth: 173.2366 Daily Dividend: 100.0200 Weekly Dividend: 100.2456Direct Plan$


Benchmark: CRISIL Liquid Fund Index


Load Structure (as % of NAV)Entry Load: NilExit Load**: Nil ** Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.


SAVINGS SOLUTIONS

^The Face Value per unit of all the plans/ options under Birla Sun Life Floating Rate Fund – Short Term Plan has been changed from `.10/- to `.100/- effective from October 07, 2011



Axis Bank Ltd 14.81% Reliance Capital Ltd 3.45% CRISIL A1+

Housing Development Finance Corporation Ltd 7.96% ICRA A1+ Export Import Bank of India 3.43% CRISIL A1+

Government of India 6.12% SOV Magma Fincorp Ltd 3.17% CARE A1+

Godrej Properties Ltd 4.59% ICRA A1+ Fedbank Financial Services Ltd 2.87% CRISIL A1+

Sesa Sterlite Ltd 4.54% CRISIL A1+ Mahindra & Mahindra Financial Services Ltd 2.29% CRISIL A1+

Top Portfolio Holdings



(`)

Birla Sun Life Floating Rate Fund - Short Term

Plan (%)

CRISIL Liquid

Fund Index # (%)


Index ## (%)


Birla Sun Life Floating

Rate Fund - Short

Term Plan (`)

CRISIL Liquid

Fund Index # (`)

CRISIL 1Year T - BillIndex ## (`)



March 30, 2012 toMarch 31, 2013 (Absolute) 176.4399 9.16 8.17 8.33 10916 10817 10833


# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Kaustubh Gupta is 116. Total Schemes managed by Ms. Sunaina Da Cunha is 5. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



55.32% 20.69%

15.95% 6.12% 1.92%

AAA Cash & Current AssetsUnrated SOVAA

56

Birla Sun Life Floating Rate Fund - Long Term Plan

What is it?A fund that aims to generate income by investing substantially into floating rate debt/money market instruments.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Kaustubh Gupta & Ms. Sunaina Da CunhaManaging Fund Since: July 15, 2011Total Experience: 7 years & 9 yearsDate of inception: June 05, 2003Nature of the scheme: An Open-ended Income SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)


NAV of Plans / Options (`)^Retail PlanGrowth: 225.0265 Weekly Dividend: 100.1792 Regular Plan$

Growth: 155.5831 Daily Dividend: 100.3952 Weekly Dividend: 100.1792Direct Plan$ Growth: 155.9622 Daily Dividend: 100.3918 Weekly Dividend: 100.1812

Benchmark: CRISIL Liquid Fund IndexQuarterly Average AUM: ` 1,693.80 Crores(as on 31st March 2014)Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**: For Redemption / Switch- out of units within 30 days from the date of allotment: 0.25% of applicable NAV. For Redemption / Switch- out of units after 30 days from the date of allotment : Nil **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.


SAVINGS SOLUTIONS

^The Face Value per unit of all the plans/ options under Birla Sun Life Floating Rate Fund – Long Term Plan has been changed from ` 10/- to ` 100/- effective from October 07, 2011


Issuer % to net Assets Rating Issuer % to net Assets RatingCholamandalam Investment and Finance Company Ltd 11.63% ICRA A1+,IND AA- Punjab National Bank 5.72% CARE A1+

UCO Bank 10.89% CRISIL A1+ Sesa Sterlite Ltd 5.31% CRISIL A1+

Small Industries Dev Bank of India 10.76% CARE AAA Tata Housing Development Co Ltd 3.05% CARE A1+

Shriram Transport Finance Company Ltd 9.81% CRISIL AA South Indian Bank Ltd 2.99% CARE A1+

Power Finance Corporation Ltd 7.94% CRISIL AAA Union Bank of India 2.87% CRISIL A1+




(`)

Birla Sun Life Floating Rate Fund - Long Term Plan (%)

CRISIL Liquid

Fund Index # (%)


Index ## (%)


Birla Sun Life Floating

Rate Fund - Long

Term Plan (`)

CRISIL Liquid

Fund Index # (`)


Index ## (`)


100.0000 7.63 6.56 5.41 22162 19890 17685


201.9029 9.76 9.54 5.84 10976 10954 10584


184.2983 9.55 8.17 8.33 10955 10817 10833


168.3420 9.48 8.44 6.59 10948 10844 10659

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Kaustubh Gupta is 116. Total Schemes managed by Ms. Sunaina Da Cunha is 5. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.



84.42%

10.74% 3.07% 1.77%

AAA AA IND AA- Cash & Current Assets

57

Birla Sun Life Gilt Plus

What is it?A fund that aims to generate income and capital appreciation by investing exclusively in Government Securities.

As on May 30, 2014

Fund Manager: Mr. Prasad DhondeManaging Fund Since: July 01, 2011Total Experience: 13 yearsDate of inception: October 12, 1999Nature of the scheme: An Open-ended Government Securities SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)SIP:Monthly: Minimum ` 1,000/- plus 5 post dated cheques for a minimum of ` 1,000/- each.NAV of Plans / Options (`) Liquid Plan:Regular Plan Growth: 28.8234 Daily Dividend: 10.0100 Weekly Dividend: 10.0260Quarterly Dividend: 10.8889 Annual Dividend Option: 10.5118Direct Plan$ Growth: 28.9161 Daily Dividend: 0.0000 Annual Dividend: 10.6732 Quarterly Dividend: 10.9615Weekly Dividend: 10.0274PF Plan:Regular Plan Growth: 32.9022 Quarterly Dividend: 10.6867 Direct Plan$ Growth: 33.0639 Quarterly Dividend: 10.8081 Regular Plan:Regular Plan Growth: 37.6826 Quarterly Dividend: 12.3535 Direct Plan$ Growth: 37.8385 Quarterly Dividend: 11.6905 Benchmark: Liquid Plan: I-Sec SI-BEXPF Plan: I-Sec LI-BEXRegular Plan: I-Sec LI-BEXQuarterly Average AUM:Liquid Plan: ` 26.12 CroresPF Plan: ` 32.46 CroresRegular Plan: ` 74.47 Crores(as on 31st March 2014)Load Structure (as % of NAV) (Incl .for SIP)Liquid Plan, Regular Plan & PF Plan - Quarterly / Annual DividendEntry Load: NilExit Load: NilPF PlanEntry Load: NilExit Load**: For redemption / switch-out of units within 90 days from the date of allotment: 0.50% of applicable NAV For redemption / switch-out of units after 90 days from the date of allotment: Nil.**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.Other Parameter Modified Duration: Liquid Plan: 0.23 yearsPF Plan: 6.38 years Regular Plan: 5.96 years Yield to Maturity: Liquid Plan: 8.50%PF Plan: 8.73%Regular Plan: 8.57% Standard Deviation: Liquid Plan: 0.73%PF Plan: 5.18%Regular Plan: 4.51%

Top Portfolio Holdings - Liquid PlanIssuer % to net Assets Rating Issuer % to net Assets Rating182 Days Tbill (MD 25/09/2014) 72.56% SOV 8.83% GOI (MD 25/11/2023) 50.44% SOVCash & Current Assets 27.44% 8.24% GOI (MD 15/02/2027) 23.90% SOV

9.41% Kerala SDL (MD 30/01/2024) 15.88% SOV8.62% Tamil Nadu SDL (MD 20/02/2023) 6.06% SOVCash & Current Assets 3.73%

Top Portfolio Holdings - PF Plan

SAVINGS SOLUTIONS

Liquid Plan PF Plan Regular Plan


Issuer % to net Assets Rating8.83% GOI (MD 25/11/2023) 93.12% SOVCash & Current Assets 6.88%

Top Portfolio Holdings - Regular Plan

Fund Details


(`)

Birla Sun Life Gilt Plus- Liquid Plan

(%)

I-Sec SI-BEX # (%)

CRISIL 1 Year

T-Bill Index ## (%)


Birla Sun Life Gilt

Plus - Liquid Plan (`)

I-Sec SI-BEX # (`)

CRISIL 1 YearT-Bill Index

## (`)

Since inception till March 31, 2014 (CAGR) 10.0000 7.49 N/A 6.25 28448 N/A 24046




Investment Performance - Liquid Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 28.4483


(`)

Birla Sun Life Gilt Plus- PF

Plan (%)

I-Sec LI-BEX # (%)

CRISIL 10 Year

Gilt Index ## (%)


Birla Sun Life Gilt Plus- PF Plan (`)

I-Sec LI-BEX # (`)

CRISIL 10 Year

Gilt Index ## (`)

Since inception till March 31, 2014 (CAGR) 10.0000 8.31 N/A N/A 31778 N/A N/A




Investment Performance - PF Plan - Regular Plan Growth NAV as on March 31, 2014: ` 31.7777


(`)

Birla Sun Life Gilt Plus -

Regular Plan (%)

I-Sec LI-BEX # (%)

CRISIL 10 Year

Gilt Index ## (%)


Birla Sun Life Gilt

Plus- Regular Plan (`)

I-Sec LI-BEX # (`)

CRISIL 10 Year

Gilt Index ## (`)


March 28, 2013 to March 31, 2014 (Absolute) 36.9914 -0.40 1.77 -0.96 9960 10177 9904




Investment Performance - Regular Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 36.8440



72.56%

27.44%

SOV Cash & Current Assets96.27%

3.73%

SOV Cash & Current Assets

93.12%

6.88%


Birla Sun Life Government Securities Fund

What is it?A fund that aims to generate current income consistent with the portfolio invested exclusively in Government Securities.

As on May 30, 2014

Fund Details

Fund Manager: Mr. Prasad DhondeManaging Fund Since: October 03, 2012Total Experience: 13 yearsDate of inception: October 28, 1999Nature of the scheme: An Open-ended Gilt SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)SIP:Monthly: Minimum ` 1,000/- plus 5 post dated cheques for a minimum of ` 1,000/- each.

NAV of Plans / Options (`)Long Term Plan:Regular PlanGrowth: 36.3025 Half Yearly Dividend: 10.6582 Direct Plan$ Growth: 36.4802 Dividend: 11.0464Short Term Plan:Regular PlanGrowth: 24.1209 Daily Dividend: 10.0031 Direct Plan$ Growth: 10.9357Dividend: 10.3270 Benchmark:Long Term Plan: I-Sec LI-BEXShort Term Plan: I-Sec SI-BEXQuarterly Average AUM:Long Term Plan : ` 469.53 CroresShort Term Plan : ` 2.49 Crores(as on 31st March 2014)

Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load**:Long Term Plan: 1% if redeemed / switched out within 365 days from the date of allotment.Short Term Plan: Nil **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.Other ParameterModified Duration:Long Term Plan: 7.91 yearsShort Term Plan: 0.00 yearsYield to Maturity:Long Term Plan: 8.74%Short Term Plan: 8.00%Standard Deviation:Long Term Plan: 5.11%Short Term Plan: 0.40%


Issuer % to net Assets Rating Issuer % to net Assets Rating8.83% GOI (MD 25/11/2023) 22.19% SOV Cash & Current Assets 100.00%8.32% GOI (MD 02/08/2032) 13.84% SOV9.23% GOI (MD 23/12/2043) 13.75% SOV8.28% GOI (M/D 21/09/2027) 11.10% SOV9.5% Gujrat SDL (MD 11/09/2023) 6.73% SOV8.30% GOI (MD 31/12/2042) 6.25% SOV8.24% GOI (MD 15/02/2027) 5.54% SOV9.51% Haryana SDL (MD 12/02/2024) 4.04% SOV8.35% GOI 2022 (M/d. 14.05.2022) 3.87% SOV8.12% GOI (MD 10/12/2020) 3.83% SOV

Top Ten Portfolio Holdings - Long Term Plan Top Portfolio Holdings - Short Term Plan

SAVINGS SOLUTIONS

58



(`)

Birla Sun Life

Government Securities

Fund - Long Term Plan

(%)

I-Sec LI-BEX # (%)

CRISIL 10Year Gilt

Index ## (%)


Birla Sun Life


Fund - Long Term Plan

(`)

I-Sec LI-BEX # (`)


(`)





Investment Performance - Long Term Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 35.2402


(`)

Birla Sun Life


Fund - Short Term Plan

(%)

I-Sec SI-BEX # (%)


Index ## (%)


Birla Sun Life


Fund - Short Term Plan (`)

I-Sec SI-BEX

# (`)

CRISIL 1Year T - BillIndex ## (`)


10.0000 6.19 N/A 6.23 23806 N/A 23930


21.9572 8.42 6.66 5.84 10842 10666 10584


20.4556 7.34 9.63 8.33 10734 10963 10833


19.1207 6.98 7.39 6.59 10698 10739 10659


Investment Performance - Short Term Plan - Regular Plan - Growth NAV as on March 31, 2014: ` 23.8059

Long Term Plan Short Term Plan


100.00%

Cash & Current Assets

96.19%

3.81%


59

Birla Sun Life Enhanced Arbitrage Fund

What is it?A fund that aims to generate income by investing in equity and equity related instruments and take advantage of the price differentials or mis-pricing prevailing in a stock or index.

Fund Details

As on May 30, 2014

Fund Manager: Mr. Ajay GargManaging Fund Since: Dec 05, 2011Total Experience: 21 yearsDate of inception: July 24, 2009Nature of the scheme: An Open-ended Equity SchemeApplication Amount for fresh subscription*:` 5,000 (plus in multiplies of ` 1)Min.Addl.Investment:` 1,000 (plus in multiplies of ` 1)



Growth: 14.0940 Dividend: 10.6330 Benchmark: CRISIL Liquid Fund Index


Load Structure (as % of NAV) (Incl. for SIP)Entry Load: NilExit Load: For redemption / switch- out of units within 60 days from the date of allotment: 0.50% of applicable NAV. For redemption / switch-out of units after 60 days from the date of allotment: Nil. (w.e.f April 10, 2014)

SAVINGS SOLUTIONS


Lupin Ltd 8.13% Axis Bank Ltd 5.62%

HDFC Bank Ltd 8.06% Punjab National Bank 4.06%

Reliance Capital Ltd 7.69% Adani Port and Special Economic Zone Ltd 3.73%

IDFC Ltd. 7.05% DLF Ltd 3.05%

JSW Steel Ltd 5.87% Cairn India Ltd 3.05%



Date of Inception: July 24, 2009 NAV Per Unit. *

(`)

Birla Sun Life

Enhanced Arbitrage Fund (%)

CRISIL Liquid

Fund Index # (%)

S&P BSE SENSEX ##

(%)


Birla Sun Life

Enhanced Arbitrage Fund (`)

CRISIL Liquid

Fund Index # (`)

S&P BSE SENSEX

## (`)


10.0000 7.12 7.34 8.34 13807 13937 14556


12.5024 10.44 9.54 18.85 11044 10954 11885


11.6415 7.40 8.17 8.23 10740 10817 10823


10.8303 7.49 8.44 -10.50 10749 10844 8950



60

Close Ended Scheme Performance

Performance details for close ended Capital Protection Oriented Schemes with less than 1 year of existence have not been disclosed.

Birla Sun Life Capital Protection Oriented Fund - Series 7

Date of Inception: Oct 04, 2011 Fund Manager: Mr. Satyabrata Mohanty & Ajay Garg

NAV (as on 31st March 2014): ` 13.0024

NAV Per Unit. *

(`)

Birla Sunlife CapitalProtectionOriented- Series

7 (%)

CRISILBalanced

FundIndex # (%)

CRISIL 1Year T-Bill

Index ##(%)


Birla Sunlife CapitalProtectionOriented

- Series 7 (`)

CRISILBalanced

FundIndex # (`)

CRISIL 1Year T-BillIndex ## (`)


10.0000 11.12 12.33 7.19 13002 13358 11888


11.3793 14.26 13.40 5.84 11426 11340 10584


11.0326 3.14 8.18 8.33 10314 10818 10833

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns.Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Satyabrata Mohanty is 12. Total Schemes managed by Mr. Ajay Garg is 10. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.The Scheme offered is “oriented towards protection of capital” and “not with guaranteed returns”. The orientation towards protection of the capital originates from the portfolio structure of the scheme and not from any bank guarantee, insurance cover, etc.


Date of Inception: Jul 11, 2012 Fund Manager: Mr. Prasad Dhonde & Vineet Maloo

NAV (as on 31st March 2014): ` 11.6189

NAV Per Unit. *

(`)

Birla Sunlife CapitalProtectionOriented- Series 10 (%)


(%)

CRISIL 1Year T-Bill

Index ##(%)



- Series 10 (`)

CRISIL MIP Blended

Index # (`)



10.0000 9.11 7.72 6.79 11619 11366 11196


10.6203 9.40 6.52 5.84 10940 10652 10584

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns.Total Schemes Co-Managed by Fund Managers is 7. Total Schemes managed by Mr. Prasad Dhonde is 19. Total Schemes managed by Mr. Vineet Maloo is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.The Scheme offered is “oriented towards protection of capital” and “not with guaranteed returns”. The orientation towards protection of the capital originates from the portfolio structure of the scheme and not from any bank guarantee, insurance cover, etc.


Date of Inception: Mar 28, 2012 Fund Manager: Mr. Satyabrata Mohanty

NAV (as on 31st March 2014): ` 11.6326

NAV Per Unit. *

(`)

Birla Sunlife CapitalProtectionOriented- Series

9 (%)


(%)

CRISIL 1Year T-Bill

Index ##(%)



- Series 9 (`)

CRISIL MIP Blended

Index # (`)



10.0000 7.82 7.93 7.07 11633 11656 11470


10.7006 8.71 6.52 5.84 10871 10652 10584


10.0079 6.92 9.06 8.33 10692 10906 10833

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns.Total Schemes managed by Mr. Satyabrata Mohanty is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.The Scheme offered is “oriented towards protection of capital” and “not with guaranteed returns”. The orientation towards protection of the capital originates from the portfolio structure of the scheme and not from any bank guarantee, insurance cover, etc.


Date of Inception: Oct 15, 2012 Fund Manager: Mr. Prasad Dhonde & Vineet Maloo

NAV (as on 31st March 2014): ` 11.1806

NAV Per Unit. *

(`)



(%)

CRISIL 1Year T-Bill

Index ##(%)



- Series 11 (`)

CRISIL MIP Blended

Index # (`)



10.0000 7.96 6.66 6.57 11181 10986 10972


10.2150 9.45 6.52 5.84 10945 10652 10584

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns.Total Schemes Co-Managed by Fund Managers is 7. Total Schemes managed by Mr. Prasad Dhonde is 19. Total Schemes managed by Mr. Vineet Maloo is 12. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.The Scheme offered is “oriented towards protection of capital” and “not with guaranteed returns”. The orientation towards protection of the capital originates from the portfolio structure of the scheme and not from any bank guarantee, insurance cover, etc.


Date of Inception: Aug 29, 2012 Fund Manager: Mr. Prasad Dhonde & Ajay Garg

NAV (as on 31st March 2014): ` 12.1459

NAV Per Unit. *

(`)



(%)

CRISIL 1Year T-Bill

Index ##(%)



- Series 12 (`)

CRISIL MIP Blended

Index # (`)



10.0000 13.04 7.73 6.74 12146 11254 11091


10.8660 11.78 6.52 5.84 11178 10652 10584

# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. Load and Taxes are not considered for computation of returns.Total Schemes Co-Managed by Fund Managers is 3. Total Schemes managed by Mr. Prasad Dhonde is 19. Total Schemes managed by Mr. Ajay Garg is 10. Refer annexure on page no. 67 to know more on performance of schemes managed by Fund Managers.The Scheme offered is “oriented towards protection of capital” and “not with guaranteed returns”. The orientation towards protection of the capital originates from the portfolio structure of the scheme and not from any bank guarantee, insurance cover, etc.


Date of Inception: Nov 08, 2012 Fund Manager: Mr. Prasad Dhonde & Ajay Garg

NAV (as on 31st March 2014): ` 11.5943

NAV Per Unit. *

(`)



(%)

CRISIL 1Year T-Bill

Index ##(%)



- Series 13 (`)

CRISIL MIP Blended

Index # (`)



10.0000 11.21 6.68 6.59 11594 10942 10928


10.2146 13.51 6.52 5.84 11351 10652 10584



Date of Inception: Dec 13, 2012 Fund Manager: Mr. Prasad Dhonde & Ajay Garg

NAV (as on 31st March 2014): ` 11.1635

NAV Per Unit. *

(`)



(%)

CRISIL 1Year T-Bill

Index ##(%)



- Series 14 (`)

CRISIL MIP Blended

Index # (`)



10.0000 8.86 6.40 6.45 11164 10838 10844


10.1117 10.40 6.52 5.84 11040 10652 10584


SIP Performance (for select Schemes)Funds Managed By Mr. Mahesh Patil

For SIP calculations above, the data assumes the investment of ` 1000/- on 1st day of every month or the subsequent working day. Load & Taxes are not considered for computation of returns. Performance for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV.CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).Where Benchmark returns are not available, they have not been shown.

Birla Sun Life Pure Value Fund - Regular Plan - Growth

Particulars Since Inception last 5 years last 3 years last 1 year

Total Amount Invested (`) 75000 60000 36000 12000

Market Value of amount Invested 170168 115056 65682 20315

Scheme Returns (CAGR) 26.12 26.42 43.39 151.32

S&P BSE 200 returns (CAGR) 12.26 11.20 18.06 42.54

CNX Nifty returns (CAGR) 12.05 11.32 17.37 36.75

Date of First Installment: April 01, 2008 & Scheme Inception Date: March 27, 2008. Past Performance may or may not be sustained in future.This scheme is jointly managed with Mr. Milind Bafna.

Performance as on 30th May, 2014

61

Birla Sun Life Frontline Equity Fund - Regular Plan - Growth







Date of First Installment: October 01, 2002 & Scheme Inception Date: August 30, 2002. Past Performance may or may not be sustained in future.

Birla Sun Life Top 100 Fund - Regular Plan - Growth






S&P BSE SENSEX returns (CAGR) 10.65 11.54 17.93 36.27

Date of First Installment: November 01, 2005 & Scheme Inception Date: October 24, 2005. Past Performance may or may not be sustained in future.

Birla Sun Life Long Term Advantage Fund - Regular Plan - Growth








Birla Sun Life Infrastructure Fund - Regular Plan - Growth







Date of First Installment: April 01, 2006 & Scheme Inception Date: March 17, 2006. Past Performance may or may not be sustained in future.This scheme is jointly managed with Mr. Naysar Shah.

Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.

SIP Performance (for select Schemes)Performance as on 30th May, 2014


Funds Managed By Mr. Satyabrata Mohanty

Birla Sun Life Advantage Fund - Regular Plan - Growth







Date of First Installment: March 01, 1995 & Scheme Inception Date: February 24, 1995. Past Performance may or may not be sustained in future.

62

Birla Sun Life 95 Fund - Regular Plan - Dividend





CRISIL Balanced Fund Index returns (CAGR) NA 10.22 14.25 27.06


Date of First Installment: April 01, 1995 & Scheme Inception Date: February 10, 1995. Past Performance may or may not be sustained in future.This scheme is jointly managed with Mr. Prasad Dhonde.

Birla Sun Life Asset Allocation Fund - Aggressive Plan - Regular Plan - Growth







Date of First Installment: March 01, 1995 & Scheme Inception Date: February 24, 2004. Past Performance may or may not be sustained in future.This scheme is jointly managed with Mr. Vineet Maloo.

Birla Sun Life Asset Allocation Fund - Moderate Plan - Regular Plan - Growth





CRISIL Balanced Fund Index returns (CAGR) 10.83 10.21 14.23 27.17



Birla Sun Life Asset Allocation Fund - Conservative Plan - Regular Plan - Growth





CRISIL MIP Blended Index returns (CAGR) 7.79 8.10 9.34 13.93




SIP Performance (for select Schemes)



63

Birla Sun Life Dividend Yield Plus - Regular Plan - Growth





CNX 500 returns (CAGR) 13.89 11.41 18.74 46.24


Date of First Installment: March 01, 2003 & Scheme Inception Date: February 26, 2003. Past Performance may or may not be sustained in future.This scheme is jointly managed with Mr. Naysar Shah.

Birla Sun Life International Equity Fund - Plan B - Regular Plan - Growth





Customised Index † returns (CAGR) 12.80 14.09 20.42 30.83


Date of First Installment: December 01, 2007 & Scheme Inception Date: October 31, 2007. Past Performance may or may not be sustained in future.

Birla Sun Life Small & Midcap Fund - Regular Plan - Growth





CNX Midcap returns (CAGR) 11.89 12.04 20.35 67.66


Date of First Installment: June 01, 2010 & Scheme Inception Date: May 31, 2007. Past Performance may or may not be sustained in future.

Funds Managed By Mr. Hitesh Zaveri

Birla Sun Life Midcap Fund - Regular Plan - Growth





CNX Midcap returns (CAGR) 16.49 12.04 20.35 67.66



Funds Managed By Mr. Vineet Maloo

Birla Sun Life International Equity Fund - Plan A - Regular Plan - Growth





S&P Global 1200 returns (CAGR) 14.89 18.37 21.94 10.07


Date of First Installment: December 01, 2007 & Scheme Inception Date: October 31, 2007. Past Performance may or may not be sustained in future.


SIP Performance (for select Schemes)



64

Birla Sun Life India Opportunities Fund - Regular Plan - Growth





CNX 500 returns (CAGR) 15.19 11.41 18.74 46.24


Date of First Installment: January 01, 2000 & Scheme Inception Date: December 27, 1999. Past Performance may or may not be sustained in future.

Funds Managed By Mr. Naysar Shah

Birla Sun Life India Reforms Fund - Regular Plan - Growth

Particulars Since Inception last 3 years last 1 year

Total Amount Invested (`) 48000 36000 12000

Market Value of amount Invested 61782 48333 17061

Scheme Returns (CAGR) 12.68 20.17 87.61

CNX 500 returns (CAGR) 13.25 18.74 46.24

CNX Nifty returns (CAGR) 12.74 17.37 36.75

Date of First Installment: February 01, 2010 & Scheme Inception Date: June 25, 2010. Past Performance may or may not be sustained in future.

Funds Managed By Mr. Anil Shah

Birla Sun Life Equity Fund - Regular Plan - Growth





S&P BSE 200 (CAGR) 15.28 11.20 18.06 42.54


Date of First Installment: October 01, 1998 & Scheme Inception Date: August 27, 1998. Past Performance may or may not be sustained in future.

Birla Sun Life Commodity Equities Fund - Global Agri Plan (GAP) - Regular Plan - Growth





S&P Global Agribusiness Index returns (CAGR) 19.01 17.78 19.44 13.77


Date of First Installment: December 01, 2008 & Scheme Inception Date: November 07, 2008. Past Performance may or may not be sustained in future.



65


Birla Sun Life Special Situations Fund - Regular Plan - Growth







Date of First Installment: April 01, 2008 & Scheme Inception Date: January 31, 2008. Past Performance may or may not be sustained in future.

Birla Sun Life New Millennium Fund - Regular Plan - Growth





S&P BSE Teck returns (CAGR) NA 12.15 16.85 11.87


Date of First Installment: March 01, 2000 & Scheme Inception Date: January 15, 2000. Past Performance may or may not be sustained in future.

Funds Managed By Mr. Kunal Sangoi

Funds Managed By Mr. Ajay Garg

Birla Sun Life MNC Fund - Regular Plan - Growth





CNX MNC returns (CAGR) 14.47 14.54 19.71 43.24


Date of First Installment: January 01, 2000 & Scheme Inception Date: December 27, 1999. Past Performance may or may not be sustained in future.

Birla Sun Life Buy India Fund - Regular Plan - Growth







Date of First Installment: March 01, 2000 & Scheme Inception Date: January 15, 2000. Past Performance may or may not be sustained in future.

Birla Sun Life India GenNext Fund - Regular Plan - Growth







Date of First Installment: September 01, 2005 & Scheme Inception Date: August 05, 2005. Past Performance may or may not be sustained in future.



66

Birla Sun Life Tax Plan - Regular Plan - Dividend







Date of First Installment: March 01, 1999 & Scheme Inception Date: February 16, 1999. Past Performance may or may not be sustained in future.

Birla Sun Life Tax Relief ‘96 - Regular Plan - Dividend







Date of First Installment: April 01, 1996 & Scheme Inception Date: March 29, 1996. Past Performance may or may not be sustained in future.

For SIP calculations above, the data assumes the investment of ` 1000/- on 1st day of every month or the subsequent working day. Load & Taxes are not considered for computation of returns. Performance for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV.CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).Where Benchmark returns are not available, they have not been shown.

Birla Sun Life Index Fund - Regular Plan - Growth







Date of First Installment: October 01, 2002, & Scheme Inception Date: September 18, 2002. Past Performance may or may not be sustained in future.



67

Fund Manager-wise Scheme Details

Schemes mentioned in order of performance for the period March 28 2013 - March 31 2014. Due to inherent difference in nature of schemes above (i.e. equity, hybrid, debt schemes) as may be managed by Fund Manager, performance of such schemes may not be strictly comparable. Further, for the schemes in existence for less than a year, the past performance details have not been provided. Further, performance of Fixed Term Plans (FTPs) / Fixed Maturity Plans (FMP) / Interval Income Schemes are not considered above, as FMPs / FTPs / Interval Income Schemes are close ended / interval schemes of varying maturities and performance of such schemes may not be strictly comparable with open ended schemes managed by Fund Managers.

Sr.no Funds Managed By Mr. Maneesh Dangi Refer page No

1 Birla Sun Life Dynamic Bond Fund 50

Sr.no Funds Managed By Mr. Mahesh Patil Refer page No

1 Birla Sun Life Pure Value Fund@ 232 Birla Sun Life Top 100 Fund 123 Birla Sun Life Long Term Advantage Fund 144 Birla Sun Life Frontline Equity Fund 115 Birla Sun Life Infrastructure Fund* 226 Birla Sun Life ‘95 Fund# 10

* Funds co-managed by Mr. Naysar Shah# Funds co-managed by Mr. Prasad Dhonde@ Funds co-managed by Mr. Milind Bafna

Sr.no Funds Managed By Mr. Kaustubh Gupta Refer page No

1 Birla Sun Life MIP II - Wealth 25 Plan* 43

2 Birla Sun Life Treasury Optimizer Plan$

(earlier Birla Sun Life Ultra Short Term Fund) 49

3 Birla Sun Life Floating Rate Fund - Long Term Plan# 564 Birla Sun Life Savings Fund 485 Birla Sun Life Cash Manager# 476 Birla Sun Life Floating Rate Fund - Short Term Plan# 557 Birla Sun Life Cash Plus# 468 Birla Sun Life MIP* 429 Birla Sun Life MIP II - Savings 5 Plan* 44

10 Birla Sun Life Monthly Income* 41* Funds co-managed by Mr. Satyabrata Mohanty# Funds co-managed by Ms. Sunaina Da Cunha$ Funds co-managed by Mr. Prasad Dhonde

Sr.no Funds Managed By Ms. Sunaina Da Cunha Refer page No

1 Birla Sun Life Short Term Opportunities Fund# 512 Birla Sun Life Floating Rate Fund - Long Term Plan* 563 Birla Sun Life Cash Manager* 474 Birla Sun Life Floating Rate Fund - Short Term Plan* 555 Birla Sun Life Cash Plus* 46

* Funds co-managed by Mr. Kaustubh Gupta# Funds co-managed by Mr. Lokesh Mallya

Sr.no Funds Managed By Mr. Lokesh Mallya Refer page No

1 Birla Sun Life Short Term Opportunities Fund# 51# Funds co-managed by Ms. Sunaina Da Cunha

Sr.noFunds Managed By Mr. Satyabrata Mohanty

Refer page No

1 Birla Sun Life Advantage Fund 192 Birla Sun Life Capital Protection Oriented Fund - Series 7$ 603 Birla Sun Life Asset Allocation Fund Aggressive Plan# 314 Birla Sun Life MIP II - Wealth 25 Plan* 435 Birla Sun Life Asset Allocation Fund Moderate Plan# 326 Birla Sun Life Capital Protection Oriented Fund - Series 9 607 Birla Sun Life MIP* 428 Birla Sun Life MIP II - Savings 5 Plan* 449 Birla Sun Life Monthly Income* 41

10 Birla Sun Life Asset Allocation Fund Conservative Plan# 3311 Birla Sun Life Gold Fund 35

* Funds co-managed by Mr. Kaustubh Gupta# Funds co-managed by Mr. Vineet Maloo$ Funds co-managed by Mr. Ajay Garg

Sr.no Funds Managed By Mr. Hitesh Zaveri Refer page No

1 Birla Sun Life Small & Midcap Fund 182 Birla Sun Life Midcap Fund 17

Sr.no Funds Managed By Mr. Ajay Garg Refer page No

1 Birla Sun Life MNC Fund 152 Birla Sun Life Tax Relief ‘96 383 Birla Sun Life Buy India Fund 214 Birla Sun Life Tax Plan 395 Birla Sun Life Index Fund 346 Birla Sun Life Capital Protection Oriented Fund - Series 7* 607 Birla Sun Life Capital Protection Oriented Fund - Series 13# 608 Birla Sun Life Capital Protection Oriented Fund - Series 12# 609 Birla Sun Life Enhanced Arbitrage Fund 5910 Birla Sun Life Capital Protection Oriented Fund - Series 14# 60

* Funds co-managed by Mr. Satyabrata Mohanty# Funds co-managed by Mr. Prasad Dhonde

Sr.no Funds Managed By Mr. Prasad Dhonde Refer page No

1 Birla Sun Life ‘95 Fund* 102 Birla Sun Life Capital Protection Oriented Fund - Series 13# 603 Birla Sun Life Capital Protection Oriented Fund - Series 12# 604 Birla Sun Life Capital Protection Oriented Fund - Series 14# 60

5 Birla Sun Life Treasury Optimizer Plan@

(earlier Birla Sun Life Ultra Short Term Fund) 49

6 Birla Sun Life Gilt Plus Liquid Plan 577 Birla Sun Life Capital Protection Oriented Fund - Series 11$ 608 Birla Sun Life Capital Protection Oriented Fund - Series 10$ 609 Birla Sun Life Short Term Fund 5310 Birla Sun Life Government Securities Fund Short Term Plan 5811 Birla Sun Life Gilt Plus PF Plan 5712 Birla Sun Life Government Securities Fund Long Term Plan 5813 Birla Sun Life Income Plus 5414 Birla Sun Life Gilt Plus Regular Plan 5715 Birla Sun Life Gold ETF 36

* Funds co-managed by Mr. Mahesh Patil# Funds co-managed by Mr. Ajay Garg$ Funds co-managed by Mr. Vineet Maloo@ Funds co-managed by Mr. Kaustubh Gupta

Sr.no Funds Managed By Mr. Vineet Maloo Refer page No

1 Birla Sun Life International Equity Fund - Plan A 242 Birla Sun Life International Equity Fund - Plan B 253 Birla Sun Life Dividend Yield Plus@ 164 Birla Sun Life Asset Allocation Fund Aggressive Plan* 315 Birla Sun Life Asset Allocation Fund Moderate Plan* 32

6Birla Sun Life Commodity Equities Fund Global Agri Plan (GAP)

26

7 Birla Sun Life Capital Protection Oriented Fund - Series 11# 608 Birla Sun Life Capital Protection Oriented Fund - Series 10# 609 Birla Sun Life Asset Allocation Fund Conservative Plan* 33

* Funds co-managed by Mr. Satyabrata Mohanty# Funds co-managed by Mr. Prasad Dhonde@ Funds co-managed by Mr. Naysar Shah

Sr.no Funds Managed By Mr. Naysar Shah Refer page No

1 Birla Sun Life India Opportunities Fund 292 Birla Sun Life Infrastructure Fund* 223 Birla Sun Life Dividend Yield Plus@ 164 Birla Sun Life India Reforms Fund 27

* Funds co-managed by Mr. Mahesh Patil@ Funds co-managed by Mr. Vineet Maloo

Sr.no Funds Managed By Mr. Anil Shah Refer page No

1 Birla Sun Life Equity Fund 132 Birla Sun Life India GenNext Fund 203 Birla Sun Life Special Situations Fund 30

Sr.no Funds Managed By Mr. Rohit Murarka Refer page No

1 Birla Sun Life Medium Term Plan 52

Sr.no Funds Managed By Mr. Kunal Sangoi Refer page No

1 Birla Sun Life New Millennium Fund 28

Sr.no Funds Managed By Mr. Milind Bafna Refer page No

1 Birla Sun Life Pure Value Fund* 23* Funds co-managed by Mr. Mahesh Patil

The Fund Manager-wise Scheme Details appearing above are as on January 31, 2014.

68

Funds at a Glance

SCHEME PLAN/ OPTION DEFAULT OPTION** MINIMUMINVESTMENTAMOUNT

EXIT LOADFor redemption-switch out consider from the date of allotment.PLAN^ OPTION

Birla Sun Life Equity Fund Regular Plan Dividend (Payout/Reinvestment/Sweep) Dividend Reinvestment FP: ` 5,000/-AP: ` 1,000/-

within 365 days from the date of allotment:1.50% of applicable NAV. after 365 days but within 540 days from the date of allotment:1.00%.after 540 days from the date of allotment:Nil.Direct Plan Growth

Birla Sun Life Advantage Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 365 days from the date of allotment: 1.00% of applicable NAV. after 365 days from the date of allotment: NilDirect Plan Growth

Birla Sun Life Midcap Fund Regular Plan Dividend (Dividend / Reinvestment / Sweep)

Growth (Growth with Triggered Facility)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 365 days from the date of allotment:1.50% of applicable NAV.after 365 days but within 540 days from the date of allotment: 1.00%. after 540 days from the date of allotment:Nil.Direct Plan

Birla Sun Life Frontline Equity Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Growth

Dividend ReinvestmentFP: ` 5,000/-AP: ` 1,000/-

within 365 days/1% of applicable NAV.Direct Plan

Birla Sun Life Infrastructure Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Growth



Birla Sun Life India GenNext Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 365 days/1% of applicable NAV.Direct Plan Growth

Birla Sun Life New Millennium Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-


Birla Sun Life Top 100 Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 365 days/1.50% of applicable NAV. after 365 days but before 540 days/0.50% of applicable NAV. after 540 days from the date of allotment: NIL.Direct Plan Growth

Birla Sun Life Buy India Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 365 days from the date of allotment: 1.00% ofapplicable NAV. after 365 days from the date of allotment: Nil.Direct Plan Growth

Birla Sun Life MNC Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)

Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-(Max. Sub. Amt (incl. switch-in): ` 1 crore per investor per day.)

within 365 days/1% of applicable NAV.

Direct Plan Growth

Birla Sun Life Index Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 90 days from the date of allotment: 1.00% of applicable NAV. after 90 days from the date of allotment: Nil.Direct Plan Growth


Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

365 days from the date of allotment: 1.00% ofapplicable NAV. after 365 days from the date of allotment: Nil.Direct Plan Growth

Birla Sun Life Small & Midcap Fund Regular Plan Dividend (Payout / Reinvestment)Dividend Payout

FP: ` 5,000/-AP : ` 1,000/-


Birla Sun Life India Reforms Fund Regular Plan Dividend (Payout / Reinvestment)Dividend Reinvestment

FP: ` 5,000/-AP : ` 1,000/-

within 1 year/1% of applicable NAV.Direct Plan Growth

Birla Sun Life Dividend Yield Plus Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-


Birla Sun Life ‘95 Fund Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-


Birla Sun Life Asset Allocation Fund - Aggressive Plan Regular Plan

Dividend (Payout / Reinvestment)Growth


NilBirla Sun Life Asset Allocation Fund - Moderate Plan

Direct PlanBirla Sun Life Asset Allocation Fund - Conservative Plan

Birla Sun Life Special Situations Fund Regular Plan Dividend (Payout/Reinvestment/Sweep) • Choice of Plan : Growth• Choice of Option : Reinvestment

FP: ` 5,000/-AP: ` 1,000/-


Birla Sun Life Commodity Equities Fund - Global Agri Plan (GAP)

Regular Plan Dividend (Payout / Reinvestment /Sweep)Growth

Growth / ReinvestmentFP: ` 5,000/-AP: ` 1,000/-

within 30 days/3% of applicable NAV.after 30 days but before 365 days/1% of applicable NAV.Direct Plan

Birla Sun Life International Equity Fund (Plan A) Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 365 daysfrom the date of allotment: 1.00% ofapplicable NAV. after 365 days from the date of allotment: Nil.Direct Plan Growth

Birla Sun Life International Equity Fund (Plan B) Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-


Birla Sun Life Pure Value Fund Regular Plan Dividend (Payout/Reinvestment)• Choice of Plan : Growth• Choice of Option : Reinvestment

FP : ` 5,000/-AP : ` 1,000/-

within 365 days from the date of allotment: 2.00% ofapplicable NAV. after 365 days but within 730 days from the date of allotment: 1.00% of applicable NAV. after 730 days from the date of allotment: Nil.

Direct Plan Growth


Regular Plan Dividend (Payout/Reinvestment)Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 365 days/1.50% of applicable NAV. after 365 days but within 540 days/0.50% of applicable NAV. after 540 days from the date of allotment: Nil.Direct Plan Growth


^Direct Plan under the Schemes is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor.**Default Plan: In case Distributor code is mentioned in the application form, but “Direct Plan” is indicated against the Scheme name, the Distributor code will be ignored and the application will be processed under Direct Plan. Further, where application is received for Regular Plan without Distributor code or “Direct” mentioned in the ARN Column, the application will be processed under Direct Plan.The default option under the Regular or Direct Plan of the Scheme, as the case maybe, shall be applied accordingly.

WEALTH CREATION SOLUTIONS

69

Funds at a Glance


*Pursuant to SEBI Circular No. CIR/IMD/DF/21/2012 dated September 13, 2012 the aforesaid plans/options under respective scheme(s) stand discontinued for further subscriptions w.e.f October 01, 2012. The existing investments, if any, under above plan/option shall continue till such investors remain invested in the said plan/option.*Said Plans/Options stand discontinued and closed as there are no Unitholders thereunder.

SCHEME PLAN OPTION EXIT LOADFor redemption-switch out consider from the date of allotment.

Birla Sun Life Dividend Yield Plus*PF Plan*

DividendGrowth


Birla Sun Life Commodity Equities Fund - Global Agri Plan (GAP) Institutional Plan*

DividendGrowth

within 30 days/3% of applicable NAV.after 30 days but before 365 days/1% of applicable NAV.

LIST OF PLANS/OPTIONS DISCONTINUED FOR FURTHER SUBSCRIPTIONS W.E.F OCTOBER 01, 2012




Birla Sun Life Tax Relief ‘96 Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Payout

FP: ` 500/-AP : ` 500/-

NilDirect Plan Growth

Birla Sun Life Tax Plan Regular Plan Dividend (Payout/Reinvestment/Sweep)Dividend Payout

FP: ` 500/-AP: ` 500/-

NilDirect Plan Growth

^Direct Plan under the Schemes is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor.

**Default Plan: In case Distributor code is mentioned in the application form, but “Direct Plan” is indicated against the Scheme name, the Distributor code will be ignored and the application will be processed under Direct Plan. Further, where application is received for Regular Plan without Distributor code or “Direct” mentioned in the ARN Column, the application will be processed under Direct Plan.The default option under the Regular or Direct Plan of the Scheme, as the case maybe, shall be applied accordingly.




Birla Sun Life Monthly IncomeRegular Plan

Monthly Dividend (Payout/Reinvestment/Sweep)Quarterly Dividend (Payout/Reinvestment/Sweep)

• Choice of Plan : Growth• Choice of Option within Monthly Dividend : Dividend Reinvestment• Choice of Plan within Quarterly Dividend : Dividend Reinvestment

FP: ` 25,000/-AP: ` 5,000/-


Direct Plan GrowthFP: ` 5,000/-AP: ` 1,000/-

Birla Sun Life MIP Regular Plan Monthly Dividend (Payout/Reinvestment/Sweep)Monthly Payment (Instant / Deferred)

Growth

• Choice of Option within Monthly Dividend : Dividend Reinvestment• Choice of Option within Monthly Payment Plan : Instant

FP: Dividend & Payment Option ` 25,000/- Growth: ` 5,000/-AP: ` 1,000/-

within 365 days/2% of applicable NAV. after 365 days but before 730 days/1% of applicable NAV. after 730 days/Nil (w.e.f June 06, 2013)Direct Plan

Birla Sun Life MIP II - Savings 5 Plan Regular Plan Monthly Dividend (Payout / Reinvestment /Sweep)Monthly Payment

Growth • Choice of Option : Growth• Choice of Sub-Option within Monthly DividendOption : Dividend Reinvestment

FP: Dividend & Payment Option ` 25,000/-Growth ` 5,000/-AP: ` 1,000/-


Birla Sun Life MIP II - Wealth 25 Plan Regular Plan Monthly Dividend (Payout / Reinvestment /Sweep)Monthly Payment

Growthwithin 365 days/1% of applicable NAV.

Direct Plan


**Default Plan: In case Distributor code is mentioned in the application form, but “Direct Plan” is indicated against the Scheme name, the Distributor code will be ignored and the application will be processed under Direct Plan. Further, where application is received for Regular Plan without Distributor code or “Direct” mentioned in the ARN Column, the application will be processed under Direct Plan.The default option under the Regular or Direct Plan of the Scheme, as the case maybe, shall be applied accordingly.


70

Funds at a Glance

SCHEME PLAN/OPTION(which continue for fresh subscription)

DEFAULT OPTION** MINIMUMINVESTMENTAMOUNT

EXIT LOADFor redemption-switch out consider from the date of allotment.

PLAN^ OPTION

Birla Sun Life Cash PlusRegular Plan

Daily Dividend (Reinvestment) Daily Dividend Reinvestment

NilWeekly Dividend (Payout / Reinvestment) FP: ` 5,000/-

Direct PlanDividend (Payout / Reinvestment) AP: ` 1,000/-

Growth

Birla Sun Life Cash Manager Regular Plan Daily Dividend (Reinvestment) Daily Dividend Reinvestment FP: ` 5,000/-

NilDirect Plan

Weekly Dividend (Reinvestment) AP: ` 1,000/-

Growth

Birla Sun Life Savings Fund Regular Plan Daily Dividend (Reinvestment)Weekly Dividend (Payout / Reinvestment)

Growth

Daily Dividend ReinvestmentFP: ` 5,000/-AP: ` 1,000/- Nil

Direct Plan

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund)

Regular Plan Monthly Dividend (Payout / Reinvestment)Quarterly Dividend (Payout / Reinvestment)

Dividend (Payout / Reinvestment)Growth

Monthly Dividend ReinvestmentFP: ` 5,000/-AP: ` 1,000/-

For redemption / switch-out of units within 90 days from the date of allotment: 0.25% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: NilDirect Plan

Birla Sun Life Dynamic Bond FundRegular Plan

Monthly Dividend Sweep

• Choice of Option : Quarterly Dividend• Choice of Sub-Option : Dividend Reinvestment

FP: ` 5,00,000/- AP: ` 1,000/-

Within 180 days: 0.50% of applicable NAV. After 180 days: Nil. Monthly Dividend (Payout / Reinvestment /Sweep) FP: ` 5,000/- AP: ` 1,000/-

Direct PlanQuarterly Dividend (Payout / Reinvestment /Sweep) FP: ` 5,000/- AP: ` 1,000/-

Growth FP: ` 5,000/- AP: ` 1,000/-

Birla Sun Life Short Term Opportunities Fund

Regular Plan Quarterly Dividend (Payout / Reinvestment)Dividend (Payout / Reinvestment)

Growth

Growth FP: ` 5,000/-AP: ` 1000/-Max Amt : ` 50 lacs $

For redemption / switch-out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: NilDirect Plan

Birla Sun Life Medium Term Plan Regular PlanQuarterly Dividend (Payout / Reinvestment)

Half Yearly Dividend (Payout / Reinvestment)Dividend (Payout / Reinvestment /Sweep)

Growth

GrowthFP: ` 5,000/-AP: ` 1,000/-Max Amt : ` 50 lacs $

For redemption / switch-out of units within 365 days from the date of allotment: 2.00% of applicable NAV. For redemption / switch-out of units after 365 days but before 730 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 730 days from the date of allotment: Nil.Direct Plan

Birla Sun Life Short Term Fund(Erstwhile Birla Sun Life Income Fund)

Regular Plan Monthly Dividend (Payout/Reinvestment/Sweep)Dividend (Payout/Reinvestment/Sweep)

GrowthDividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

within 30 days/0.50% of applicable NAV

Direct Plan

Birla Sun Life Income Plus Regular PlanDividend (Payout / Reinvestment)

GrowthDividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

For redemption / switch-out of units within 180 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 180 days from the date of allotment: Nil.Direct Plan

Birla Sun Life Floating Rate Fund - Short Term Plan

Regular Plan Daily Dividend (Reinvestment)Weekly Dividend (Reinvestment)

GrowthDaily Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

NilDirect Plan

Birla Sun Life Floating Rate Fund - Long Term Plan

Regular Plan Daily Dividend (Reinvestment)Weekly Dividend (Reinvestment)

GrowthDaily Dividend Reinvestment

FP: ` 5,000/-AP: ` 1,000/-

For Redemption / Switch-out of units within 30 days from the date of allotment: 0.25% of applicable NAV.For Redemption / Switch-out of units after 30 days from the date of allotment : NilDirect Plan

Birla Sun Life Gilt Plus - Regular Plan Regular Plan Quarterly Dividend (Payout / Reinvestment /Sweep)Growth

GrowthFP: ` 5,000/-AP: ` 1,000/-

For Liquid Plan, Regular Plan & PF Plan (Quarterly/Annual Div) Nil For PF Plan (Growth) Within 90 days: 0.50% of applicable NAV. After 90 days: Nil.

Direct Plan

Birla Sun Life Gilt Plus - Liquid Plan Daily Dividend (Reinvestment)Weekly Dividend (Payout / Reinvestment)

Quarterly Dividend (Payout / Reinvestment /Sweep)Annual Dividend (Payout / Reinvestment /Sweep)

Growth

Birla Sun Life Gilt Plus - PF Plan Regular Plan Quarterly Dividend (Payout / Reinvestment /Sweep)Growth (Quarterly Gain / Annual Gain)Direct Plan

Birla Sun Life Government Securities Fund- Long Term Plan

Regular Plan Dividend (Payout / Reinvestment)Growth

Growth FP: ` 5,000/-AP: ` 1,000/-

within 365 days/1.00% of applicable NAV.Direct Plan

Birla Sun Life Government Securities Fund- Short Term Plan

Regular Plan Daily Dividend (Reinvestment)Weekly Dividend (Payout / Reinvestment)

GrowthGrowth

FP: ` 5,000/-AP: ` 1,000/- Nil

Direct Plan


Regular Plan Dividend (Payout / Reinvestment /Sweep)Growth

Dividend Reinvestment FP: ` 5,000/-AP: ` 1,000/-

For redemption / switch-out of units within 60 days from the date of allotment: 0.50% of applicable NAV. For redemption / switch-out of units after 60 days from the date of allotment: Nil.Direct Plan

SAVINGS SOLUTIONS



**Default Plan: In case Distributor code is mentioned in the application form, but “Direct Plan” is indicated against the Scheme name, the Distributor code will be ignored and the application will be processed under Direct Plan. Further, where application is received for Regular Plan without Distributor code or “Direct” mentioned in the ARN Column, the application will be processed under Direct Plan.The default option under the Regular or Direct Plan of the Scheme, as the case maybe, shall be applied accordingly.$ Per investor per day across all subscription transactions (i.e. fresh purchases, additional purchases, switch-in and trigger transactions such as SIP, STP and RSP trigger, as available under the schemes.

71

Funds at a GlanceLIST OF PLANS/OPTIONS DISCONTINUED FOR FURTHER SUBSCRIPTIONS W.E.F OCTOBER 01, 2012

SCHEME PLAN OPTION

Birla Sun Life Cash Plus Retail Plan Daily Dividend

Growth

Daily Dividend

Institutional Plan Weekly Dividend

Growth

Birla Sun Life Cash ManagerInstitutional Plan

Daily DividendWeekly Dividend

Growth

Birla Sun Life Savings FundRetail Plan


Growth

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) Retail Plan

Daily DividendFortnightly Dividend

Growth

Birla Sun Life Short Term Opportunities FundInstitutional Plan

Quarterly DividendDividendGrowth

Birla Sun Life Medium Term Plan

Institutional Plan

Quarterly DividendHalf Yearly Dividend

DividendGrowth

Birla Sun Life Floating Rate Fund - Short Term Plan Retail Plan

Daily Dividend Weekly Dividend

Growth

Birla Sun Life Floating Rate Fund - Long Term Plan Retail Plan

Weekly DividendGrowth

Birla Sun Life Government Securities Fund - Short Term Plan

Institutional Plan


DividendGrowth

Birla Sun Life Enhanced Arbitrage FundInstitutional Plan*

DividendGrowth

*Pursuant to SEBI Circular No. CIR/IMD/DF/21/2012 dated September 13, 2012 the aforesaid plans/options under respective scheme(s) stand discontinued for further subscriptions w.e.f October 01, 2012. The existing investments, if any, under above plan/option shall continue till such investors remain invested in the said plan/option.*Said Plans/Options stand discontinued and closed as there are no Unitholders thereunder.


72

Investment Objective

Birla Sun Life ‘95 Fund An Open ended Balanced Scheme with the objective to generate long term growth of capital and current income, through a portfolio with a target allocation of 60% equity and 40% debt and money market securities. The secondary objective is income generation and distribution of dividend.

Birla Sun Life Frontline Equity Fund An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, S&P BSE 200.

Birla Sun Life Top 100 Fund An Open-ended growth scheme with the objective to provide medium to long term capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities of top 100 companies as measured by market capitalization.

Birla Sun Life Equity Fund An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities.


An Open ended Diversified Equity Scheme with an to provide long-term capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities.

Birla Sun Life MNC Fund An Open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach.

Birla Sun Life Dividend Yield Plus An Open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield.

Birla Sun Life Midcap Fund An Open ended Growth Scheme with the objective to achieve long term growth of capital at controlled level of risk by investing primarily in ‘Mid-Cap’ Stocks. The level of risk is somewhat higher than a fund focused on large and liquid stocks. Concomitantly, the aim is to generate higher returns than a fund focused on large and liquid stocks.

Birla Sun Life Small & Midcap Fund An Open ended Small and Mid Cap Equity Scheme with an objective to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and midcap. The Scheme may also invest a certain portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time.

Birla Sun Life Advantage Fund An Open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk through a diversified research based investment approach.

Birla Sun Life India GenNext Fund An Open-ended growth scheme with the objective to target growth of capital by investing in equity/equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation (Generation Next). The scheme will invest in companies that have the following characteristics: 1. Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand identity, thereby enabling choice.

Birla Sun Life Buy India Fund A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in businesses that are driven by India’s large population and inherent consumption patterns. The focus of the scheme will be in the consumer and healthcare sectors. The secondary objective is income generation and distribution of dividend.

Birla Sun Life Infrastructure Fund An Open-ended growth scheme with the objective to providing for medium to long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India.

Birla Sun Life Pure Value Fund An Open ended Diversified Equity Scheme with the objective to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy.


An Open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the international markets.


An Open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic and international markets.

Birla Sun Life Commodity Equities Fund - Global Agri Plan (GAP)

The objective of the Scheme is to offer long term growth of capital, by investing in (1) stocks of Agri commodity companies, i.e., companies engaged in or focusing on the Agri business and/or (2) overseas mutual fund scheme(s) that have similar investment objectives. These securities could be issued in India or overseas.

Birla Sun Life India Reforms Fund An Open ended Equity Scheme with an investment objective is to generate growth and capital appreciation by building a portfolio of companies that are expected to benefit from the economic reforms, PSU divestment and increased government spending.

Birla Sun Life New Millennium Fund A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend.

Birla Sun Life India Opportunities Fund An Open ended Growth Scheme with the objective to achieve superior long-term growth of capital by investing in shares of companies that do one or more of the following: 1. Leverage India’s intellectual capital for providing services, research and creative inputs. 2. Seek to use current and impending changes in patent laws / import tariffs / quotas to supply goods and services. 3. Leverage India’s lower labour costs for providing services and manufactured goods. 4. Leverage India’s large population of English speaking people for providing services.

Birla Sun Life Special Situations Fund An Open-ended diversified equity scheme with an objective of the scheme is to generate long-term growth of capital by investing in a portfolio of equity and equity related securities. The Scheme would follow an investment strategy that would take advantage of Special Situations & Contrarian investment style.

Birla Sun Life Asset Allocation Fund An Open-ended Fund of Funds scheme with the objective to provide income and capital appreciation along with diversification by investing in a basket of debt and equity Mutual Fund schemes in line with the risk profile of the investors.

Birla Sun Life Index Fund An Open-ended index-linked growth scheme with the objective to generate returns commensurate with the performance of Nifty subject to tracking errors.

Birla Sun Life Gold Fund An Open ended Fund of Fund Scheme with the investment objective to provide returns that tracks returns provided by Birla Sun Life Gold ETF (BSL Gold ETF).

Birla Sun Life Gold ETF An Open ended Gold Exchange Traded Fund with the investment objective to generate returns that are in line with the performance of gold, subject to tracking errors.



73

Investment Objective


Birla Sun Life Cash Plus An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.

Birla Sun Life Cash Manager An Open ended Income scheme with the objective to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of very short maturities with a view to provide reasonable returns.

Birla Sun Life Savings Fund The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund)

An Open-ended short term income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities with relatively low levels of interest rate risk.

Birla Sun Life Dynamic Bond Fund An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments.

Birla Sun Life Short Term Opportunties Fund

An Open ended Income scheme with the objective to generate regular income by investing primarily in investment grade fixed income securities / money market instruments with short to medium term maturities and across the credit spectrum within the universe of investment grade rating.

Birla Sun Life Medium Term Plan The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unit holders & secondary objective is growth of capital.

Birla Sun Life Short Term Fund(Erstwhile Birla Sun Life Income Fund) Name change (w.e.f. 01 Feb, 2012)

An Open-ended income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.

Birla Sun Life Income Plus An Open-ended Income Scheme to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. This income may be complemented by price changes of instruments in the portfolio.

Birla Sun Life Floating Rate Fund Short Term Plan

The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.

Birla Sun Life Gilt Plus - Liquid Plan & PF Plan

An Open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.

Birla Sun Life Gilt Plus - Regular Plan

The investment objective of the scheme is to enable investors to invest in Central Government Securities, based on their own view on the interest rate scenario & generate credit risk-free returns.

Birla Sun Life Government Securities Fund

An Open-ended Gilt scheme with the objective to provide investors current income consistent with a portfolio invested 100% in securities issued by the Government of India or the State Governments, and the secondary objective is capital appreciation.


An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures).

SAVINGS SOLUTIONS

Birla Sun Life Monthly Income An Open-ended income scheme with the primary investment objective to generate regular income so as to make monthly and quarterly distributions to Unit holders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus

Birla Sun Life MIP The primary objective of the scheme is to generate regular income so as to make monthly distributions to unit holders with the secondary objective being growth of capital. Income may be generated through the receipt of coupon payments, the amortization of the discount on debt instruments, receipt of dividends or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets primarily in fixed income securities, money market instruments, cash and cash equivalents while at the same time maintaining a small exposure to equity markets. (Monthly income is not assured and is subject to availability of distributable surplus.)

Birla Sun Life MIP II - Wealth 25 Plan An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.

Birla Sun Life MIP II - Savings 5 Plan An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.


Birla Sun Life Tax Relief ‘96 An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities

Birla Sun Life Tax Plan An Open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment.


74

Dividend History (For select Schemes)


EQUITY SCHEMES Declared on date Dividend# (` per unit) Face value (`) Cum Dividend NAV (` per unit)

Birla Sun Life Equity Fund - Regular Plan21-Mar-1415-Mar-1324-Aug-12

4.003.003.00

10.0010.0010.00

70.1063.2760.89

Birla Sun Life Equity Fund - Direct Plan 21-Mar-14 4.00 10.00 74.18

Birla Sun Life Advantage Fund - Regular Plan23-May-1417-May-1325-May-12

7.204.00 4.00

10.0010.0010.00

101.2975.7066.98

Birla Sun Life Advantage Fund - Direct Plan 23-May-1417-May-13

7.204.00

10.0010.00

101.7775.79

Birla Sun Life Midcap Fund - Regular Plan19-Jul-1322-Jun-1214-Jan-11

1.501.502.00

10.0010.0010.00

20.0119.9724.29

Birla Sun Life Small & Midcap Fund - Regular Plan 19-Jul-13 0.35 10.00 11.79

Birla Sun Life Frontline Equity Fund - Regular Plan17-Apr-1429-Nov-1312-Apr-13

1.201.001.00

10.0010.0010.00

23.8822.3120.71

Birla Sun Life India GenNext Fund - Regular Plan28-Jun-1322-Jun-1214-Jan-11

1.001.001.00

10.0010.0010.00

16.4714.0114.39

Birla Sun Life New Millennium Fund - Regular Plan27-Sep-1309-Sep-1026-Feb-10

0.850.850.75

10.0010.0010.00

15.2014.1613.49

Birla Sun Life Top 100 Fund - Regular Plan24-Jan-1428-Jun-1331-Jan-13

0.800.801.00

10.0010.0010.00

13.9913.1414.95

Birla Sun Life Buy India Fund - Regular Plan27-Sep-1321-Sep-1229-Apr-11

1.201.001.75

10.0010.0010.00

22.6522.8123.75

Birla Sun Life Buy India Fund - Direct Plan 27-Sep-13 1.20 10.00 22.73

Birla Sun Life MNC Fund - Regular Plan17-Apr-1429-Nov-1312-Apr-13

4.752.005.00

10.0010.0010.00

94.3288.9480.20

Birla Sun Life Index Fund - Regular Plan 24-Jan-14 31-Jan-1323-Mar-07

1.002.006.50

10.0010.0010.00

21.6822.7621.83

Birla Sun Life Index Fund - Direct Plan24-Jan-1431-Jan-13

1.002.00

10.0010.00

21.7222.77

Birla Sun Life India Opportunities Fund - Regular Plan 27-Dec-1309-Nov-1225-Feb-11

1.500.751.25

10.0010.0010.00

19.8616.2917.38

Birla Sun Life Dividend Yield Plus - Regular Plan27-Dec-13 18-Feb-1320-Jul-12

0.50 0.500.50

10.00 10.0010.00

12.6813.1012.49

Birla Sun Life ‘95 Fund - Regular Plan21-Mar-1418-Feb-1313-Feb-12

6.005.005.00

10.0010.0010.00

118.32112.18105.20

Birla Sun Life ‘95 Fund - Direct Plan 21-Mar-14 3.00 10.00 124.74

Birla Sun Life Pure Value Fund - Regular Plan 23-Aug-14 1.00 10.00 13.44

Birla Sun Life Enhanced Arbitrage Fund - Dividend - Regular Plan 04-Mar-14 3.00 10.00 13.24

Birla Sun Life Enhanced Arbitrage Fund - Dividend - Direct Plan 04-Mar-14 3.00 10.00 13.29

Birla Sun Life Long Term Advantage Fund - Dividend - Regular Plan 23-May-14 1.75 10.00 19.23

BSL CEF - Global Agri Plan - Dividend- Regular Plan 23-May-14 1.12 10.00 18.20

BSL CEF - Global Agri Plan - Dividend- Direct Plan 23-May-14 1.12 10.00 18.32

Note: The NAV of the scheme, pursuant to pay out of dividend would fall to the extent of the payout and statutory levy (if applicable). Past performance may or may not be sustained in future.


EQUITY SCHEMES Declared on date Dividend# (` per unit) Face value (`) Cum Dividend NAV (` per unit)

Birla Sun Life Tax Relief ‘9607-Feb-1408-Mar-1331-Mar-11

3.003.004.00

10.0010.0010.00

81.54 78.6682.85

Birla Sun Life Tax Plan21-Mar-1415-Mar-1320-May-11

4.251.501.00

10.0010.0010.00

54.1248.0045.13



DEBT Schemes Declared on date Face ValueNon Corporate Corporate

Cum Dividend NAV# (` per unit)Dividend#

(` per unit)Dividend#

(` per unit)

Birla Sun Life Monthly Income - Monthly Dividend - Regular Plan 30-May-1430-Apr-1428-Mar-14

10.0010.0010.00

0.06490.07110.0594

0.04840.05310.0443

11.589411.356411.2890

Birla Sun Life Monthly Income - Monthly Dividend - Direct Plan30-May-1430-Apr-1428-Feb-14

10.0010.0010.00

0.03000.05510.0358

0.02240.04110.0267

12.299912.025911.6888

Birla Sun Life Monthly Income - Quarterly Dividend - Regular Plan28-Mar-14 31-Dec-1330-Sep-13

10.0010.00 10.00

0.24810.25770.3868

0.18520.19230.2887

11.842211.823311.7465

Birla Sun Life Monthly Income - Quarterly Dividend - Direct Plan28-Mar-14 31-Dec-1330-Sep-13

10.0010.00 10.00

0.11090.25860.3878

0.08280.19300.2894

11.919311.885311.7876

Birla Sun Life MIP - Monthly Dividend Plan - Regular Plan30-May-1425-Apr-1428-Mar-14

10.0010.0010.00

0.07690.06120.0604

0.05740.04570.0451

11.702811.484311.4493

Birla Sun Life MIP - Monthly Dividend Plan - Direct Plan30-May-1425-Apr-1428-Mar-14

10.0010.0010.00

0.08190.06530.0644

0.06110.04870.0481

12.499712.259812.2178

Birla Sun Life MIP II - Wealth 25 Plan Monthly Dividend Plan - Regular Plan30-May-1425-Apr-1428-Mar-14

10.0010.0010.00

0.07990.06340.0619

0.05960.04730.0462

12.356011.966511.8396

Birla Sun Life MIP II - Savings 5 Plan Monthly Dividend Plan - Regular Plan30-May-14 25-Apr-1428-Mar-14

10.0010.0010.00

0.07870.06260.0616

0.05870.04670.0460

12.028111.765011.6991

Birla Sun Life MIP II - Savings 5 Plan Monthly Dividend Plan - Direct Plan30-May-14 25-Apr-1428-Mar-14

10.0010.0010.00

0.08170.06510.0640

0.06100.04860.0478

12.513212.234612.1623



75

Dividend History (For select Schemes)


DEBT Schemes Declared on date Face ValueNon Corporate Corporate

Cum Dividend NAV# (` per unit)Dividend#

(` per unit)Dividend#

(` per unit)Birla Sun Life Savings Fund – Institutional Monthly Dividend

11-Feb-1128-Jan-1131-Dec-10

10.0010.0010.00

0.03500.04970.0587

0.02870.06070.0547

10.309910.338410.3413

Birla Sun Life Savings Fund – Retail Monthly Dividend

11-Feb-1128-Jan-1131-Dec-10

10.0010.0010.00

0.03500.04690.0529

0.02870.05730.0493

10.284810.310810.3105

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) - Monthly Dividend

30-May-1425-Apr-1410-Mar-14

10.0010.0010.00

0.77290.98870.1027

0.57680.73790.0767

102.3754101.7324100.2470

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) - Monthly Dividend - Regular Plan

30-May-14 25-Apr-1410-Mar-14

10.0010.0010.00

0.77300.98870.1037

0.57690.73790.0774

102.3966101.7532100.2478

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) - Monthly Dividend - Direct Plan

30-May-14 25-Apr-1410-Mar-14

10.0010.0010.00

0.77330.98870.1037

0.57710.73790.0774

102.4648101.7912100.2481

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) - Quarterly Dividend - Regular Plan

11-Mar-14 10.00 0.3548 0.2648 102.0628

Birla Sun Life Treasury Optimizer Plan (earlier Birla Sun Life Ultra Short Term Fund) - Quarterly Dividend - Direct Plan

11-Mar-14 10.00 0.3549 0.2649 102.0629

Birla Sun Life Dynamic Bond Fund – Monthly Dividend - Regular Plan

30-May-1425-Apr-1428-Mar-14

10.0010.0010.00

0.07870.06300.0626

0.05870.04700.0467

10.473910.325310.3138

Birla Sun Life Dynamic Bond Fund – Monthly Dividend - Direct Plan

30-May-14 25-Apr-14 28-Mar-14

10.0010.0010.00

0.07830.06260.0622

0.05840.04670.0464

10.420110.268310.2540

Birla Sun Life Dynamic Bond Fund – Quarterly Dividend - Regular Plan

28-Mar-1431-Dec-1330-Sep-13

10.0010.0010.00

0.31070.32990.4917

0.23190.24620.3670

11.114211.188211.3955

Birla Sun Life Dynamic Bond Fund - Quarterly Dividend - Direct Plan

28-Mar-14 31-Dec-13 30-Sep-13

10.0010.00 10.00

0.31210.33110.4932

0.23290.24710.3681

11.172811.242611.4389

Birla Sun Life Short Term Opportunities Fund - Quarterly Dividend - Regular Plan

18-Mar-1416-Dec-1317-Sep-13

10.0010.00 10.00

0.26220.25540.1670

0.19570.19060.1246

10.640310.655610.5214

Birla Sun Life Short Term Opportunities Fund - Quarterly Dividend - Direct Plan

18-Mar-1416-Dec-13 17-Sep-13

10.0010.0010.00

0.26420.25690.1813

0.19720.19170.1353

10.744810.739410.5979

Birla Sun Life Medium Term Plan - Dividend - Regular Plan 25-Mar-13 10.00 0.8000 0.6040 10.9834

Birla Sun Life Medium Term Plan - Dividend -Direct Plan 25-Mar-13 10.00 0.8000 0.6040 10.9909

Birla Sun Life Medium Term Plan - Half Yearly Dividend - Regular Plan

18-Mar-1417-Sep-1317-May-13

10.0010.00 10.00

0.49800.17700.2151

0.37170.13210.1605

11.062910.643810.6746

Birla Sun Life Medium Term Plan - Half Yearly Dividend - Direct Plan

18-Mar-14 17-Sep-13 17-May-13

10.00 10.00 10.00

0.54640.19630.2205

0.40780.14650.1646

11.383810.926610.9450

Birla Sun Life Medium Term Plan - Quarterly Dividend - Regular Plan

18-Mar-14 16-Dec-1317-Sep-13

10.0010.0010.00

0.31210.30500.1379

0.23290.22760.1029

10.579210.619010.4433

Birla Sun Life Medium Term Plan - Quarterly Dividend - Direct Plan

18-Mar-14 16-Dec-13 17-Sep-13

10.0010.00 10.00

0.31450.30680.1498

0.23470.22900.1118

10.685410.704710.5190

Birla Sun Life Medium Term Plan -Institutional - Half Yearly Dividend

18-Mar-1417-Sep-13 17-May-13

10.0010.00 10.00

0.49800.17160.2151

0.37170.12810.1605

11.064210.639710.6706

Birla Sun Life Medium Term Plan -Institutional - Quarterly Dividend

16-Dec-1317-Sep-13 17-May-13

10.00 10.00 10.00

0.30430.13730.2106

0.22710.10250.1572

10.592510.417010.4473

Birla Sun Life Short Term Fund - Monthly Dividend - Regular Plan

15-May-1415-Apr-1418-Mar-14

10.0010.0010.00

0.13680.08170.1064

0.10210.06100.0794

11.873011.817511.8313

Birla Sun Life Short Term Fund - Monthly Dividend - Direct Plan

15-May-14 15-Apr-14 18-Mar-14

10.0010.0010.00

0.13760.08210.1068

0.10270.06130.0797

11.878811.822711.8362

Birla Sun Life Short Term Fund- Half Yearly Dividend

15-Mar-1016-Mar-0917-Mar-08

10.0010.0010.00

0.24530.44670.4752

0.22830.41580.4423

11.555711.949611.6359

Birla Sun Life Short Term Fund - Quarterly Dividend

15-Dec-1115-Sep-1115-Jun-11

10.0010.0010.00

0.11310.08560.1443

0.08540.06460.1090

11.660611.620111.4526

Birla Sun Life Income Plus - Quarterly Dividend - Regular Plan

17-May-1315-Mar-1317-Dec-12

10.0010.0010.00

0.39080.26820.2770

0.29170.20250.2091

13.333612.848512.6401

Birla Sun Life Income Plus - Quarterly Dividend - Direct Plan

17-May-1315-Mar-13

10.00 10.00

0.37100.2225

0.27690.1680

13.423212.8651

Birla Sun Life Gilt Plus - Liquid Plan – Quarterly Dividend - Regular Plan

18-Mar-1416-Dec-1317-Sep-13

10.0010.0010.00

0.21600.21080.3827

0.16120.15730.2856

10.924310.921411.0668

Birla Sun Life Gilt Plus - Liquid Plan – Quarterly Dividend - Direct Plan

18-Mar-1416-Dec-13 17-Sep-13

10.00 10.00 10.00

0.21730.21170.3943

0.16220.15800.2943

10.992310.985111.1314

Birla Sun Life Gilt Plus - Liquid - Annual Dividend-Regular Plan

18-Mar-14 15-Mar-13

10.00 10.00

0.82220.7620

0.61360.5753

11.159510.9546

Birla Sun Life Gilt Plus - Liquid - Annual Dividend - Direct Plan

18-Mar-14 15-Mar-13

10.00 10.00

0.83060.6625

0.61990.5002

11.318710.9601

Birla Sun Life Gilt Plus - PF Plan Quarterly Dividend - Regular Plan

18-Mar-14 16-Dec-1317-Sep-13

10.0010.0010.00

0.39090.39780.2377

0.29170.29690.1774

10.643810.735810.9953

Birla Sun Life Gilt Plus - PF Plan Quarterly Dividend - Direct Plan

18-Mar-14 16-Dec-1317-Sep-13

10.0010.00 10.00

0.39450.40080.2388

0.29440.29910.1782

10.752410.835311.0761

Birla Sun Life Gilt Plus - Regular Plan Quarterly Dividend - Regular Plan

16-Dec-1317-May-1315-Mar-13

10.0010.0010.00

0.35710.25700.2354

0.26650.19180.1777

11.795012.916212.6428

Birla Sun Life Gilt Plus - Regular Plan Quarterly Dividend - Direct Plan

18-Mar-1417-May-1315-Mar-13

10.0010.0010.00

0.34600.25800.1925

0.25820.19260.1453

11.739412.963612.6491

Birla Sun Life Government Securities Fund - Long Term Dividend - Regular Plan

18-Mar-1417-Sep-13 17-May-13

10.0010.0010.00

0.63730.48730.2377

0.47560.36370.1774

10.920811.137512.1613

Birla Sun Life Government Securities Fund - Long Term Dividend - Direct Plan

18-Mar-14 17-Sep-13 17-May-13

10.0010.00 10.00

0.65870.50330.2452

0.49160.37560.1830

11.313011.512012.5551

Birla Sun Life Government Securities Fund - Short Term Dividend

29-Feb-1215-Dec-1015-Sep-10

10.0010.0010.00

0.00160.11080.1120

0.00220.10320.1044

10.003110.240710.2297


SAVINGS SOLUTIONS

76

Industry Allocation

Birla Sun Life Equity Fund

Allocation as a % of Net Assets %

Banks 21.01%Software 11.86%Construction Project 10.23%Pharmaceuticals 8.67%Minerals/Mining 5.98%Finance 4.76%Non - Ferrous Metals 4.20%Power 3.86%Oil 3.25%Auto Ancillaries 2.61%Auto 2.12%Petroleum Products 2.07%Transportation 1.92%Ferrous Metals 1.86%Textile Products 1.45%Consumer Durables 1.25%Media & Entertainment 1.23%Telecom - Services 1.15%Consumer Non Durables 1.05%Industrial Products 0.78%Industrial Capital Goods 0.69%Chemicals 0.42%Miscellaneous 0.02%Cash & Current Assets 5.96%Net receivables / payables 1.61%Total Net Assets 100.00%

Note: The above Allocation is As on May 30, 2014 as per Industry classification as recommended by AMFI.


Birla Sun Life Advantage Fund

Allocation as a % of Net Assets %Banks 23.11%Auto 9.22%Construction Project 9.14%Industrial Capital Goods 7.11%Software 6.17%Finance 5.30%Non - Ferrous Metals 4.62%Petroleum Products 4.13%Pharmaceuticals 3.93%Minerals/Mining 3.81%Power 3.46%Industrial Products 2.66%Consumer Non Durables 2.45%Auto Ancillaries 1.78%Ferrous Metals 1.73%Cement 1.55%Construction 1.22%Pesticides 0.89%Media & Entertainment 0.59%Chemicals 0.38%Miscellaneous 0.20%Cash & Current Assets 13.51%Net receivables / payables -6.98%Total Net Assets 100.00%

Birla Sun Life Midcap Fund


Banks 16.52%Pharmaceuticals 10.72%Auto Ancillaries 9.15%Finance 9.15%Software 8.03%Consumer Non Durables 7.21%Auto 5.84%Media & Entertainment 4.40%Industrial Products 4.30%Construction 3.89%Chemicals 3.80%Power 3.53%Construction Project 3.14%Cement 2.48%Consumer Durables 2.41%Industrial Capital Goods 1.25%Engineering Services 0.97%Non - Ferrous Metals 0.43%Cash & Current Assets 1.76%Net receivables / payables 1.05%Total Net Assets 100.00%



Banks 24.30%Software 11.20%Consumer Non Durables 7.89%Finance 6.74%Pharmaceuticals 5.53%Auto 4.98%Construction Project 4.84%Petroleum Products 4.24%Minerals/Mining 4.14%Auto Ancillaries 3.66%Non - Ferrous Metals 2.81%Oil 2.66%Cement 2.49%Power 2.49%Industrial Capital Goods 2.20%Industrial Products 1.92%Media & Entertainment 1.81%Transportation 1.49%Telecom - Services 1.48%Futures and Options 0.81%Construction 0.50%Pesticides 0.49%Consumer Durables 0.32%Cash & Current Assets 2.10%Net receivables / payables -1.10%Total Net Assets 100.00%

Birla Sun Life New Millennium Fund


Software 86.41%Media & Entertainment 6.72%Telecom - Services 4.39%Miscellaneous 0.00%Cash & Current Assets 2.59%Net receivables / payables -0.10%Total Net Assets 100.00%

Birla Sun Life Infrastructure Fund


Banks 23.67%Construction Project 11.80%Industrial Products 8.37%Power 7.47%Industrial Capital Goods 5.82%Finance 5.58%Cement 4.96%Oil 4.86%Auto Ancillaries 4.00%Construction 3.91%Auto 2.52%Engineering Services 2.42%Non - Ferrous Metals 2.39%Gas 2.10%Telecom - Services 1.56%Transportation 1.54%Minerals/Mining 1.40%Petroleum Products 0.96%Cash & Current Assets 8.39%Net receivables / payables -3.73%Total Net Assets 100.00%

Birla Sun Life India GenNext Fund

Allocation as a % of Net Assets %Banks 25.29%Consumer Non Durables 20.59%Media & Entertainment 13.35%Finance 8.79%Pharmaceuticals 7.67%Auto 7.05%Construction 3.83%Consumer Durables 3.80%Textile Products 2.51%Chemicals 2.01%Auto Ancillaries 1.86%Diversified Consumer Services 1.11%

Retailing 0.78%Software 0.08%Cash & Current Assets 1.33%Net receivables / payables -0.06%Total Net Assets 100.00%

Birla Sun Life Top 100 Fund

Allocation as a % of Net Assets %Banks 24.38%Software 10.59%Finance 8.48%Construction Project 5.44%Consumer Non Durables 5.24%Pharmaceuticals 5.02%Non - Ferrous Metals 4.88%Minerals/Mining 4.21%Auto 4.21%Petroleum Products 4.18%Auto Ancillaries 3.04%Cement 2.49%Oil 2.38%Power 2.33%Industrial Capital Goods 2.13%Industrial Products 1.66%Consumer Durables 1.42%Textile Products 0.98%Media & Entertainment 0.97%Telecom - Services 0.62%Pesticides 0.32%Futures and Options -0.21%Cash & Current Assets 7.44%Net receivables / payables -2.21%Total Net Assets 100.00%


77

Industry Allocation



Birla Sun Life Buy India Fund


Banks 17.60%Finance 16.57%Consumer Non Durables 12.16%Pharmaceuticals 11.37%Auto Ancillaries 10.92%Auto 7.96%Retailing 6.24%Pesticides 5.20%Media & Entertainment 3.10%Miscellaneous 2.96%Consumer Durables 2.57%Transportation 2.26%Cash & Current Assets 1.71%Net receivables / payables -0.61%Total Net Assets 100.00%

Birla Sun Life MNC Fund


Finance 16.17%Consumer Non Durables 13.52%Industrial Capital Goods 12.01%Pharmaceuticals 10.21%Banks 9.15%Auto Ancillaries 9.08%Pesticides 6.58%Auto 6.13%Industrial Products 4.93%Miscellaneous 3.17%Software 2.51%Consumer Durables 2.30%Cement 2.06%Transportation 0.90%Petroleum Products 0.66%Cash & Current Assets 0.55%Construction 0.40%Net receivables / payables -0.32%Total Net Assets 100.00%

Birla Sun Life Index Fund


Futures and Options 17.98%Banks 17.73%Software 11.86%Consumer Non Durables 9.38%Auto 7.15%Petroleum Products 6.41%Finance 5.17%Construction Project 4.28%Pharmaceuticals 4.04%Oil 2.96%Cement 2.50%Minerals/Mining 2.50%Power 2.32%Ferrous Metals 1.47%Telecom - Services 1.40%Non - Ferrous Metals 0.65%Industrial Capital Goods 0.65%Gas 0.58%Construction 0.26%Cash & Current Assets 14.45%Net receivables / payables -13.75%Total Net Assets 100.00%



Software 20.37%Pharmaceuticals 17.32%Auto Ancillaries 11.08%Industrial Capital Goods 10.35%Construction Project 10.17%Industrial Products 8.22%Non - Ferrous Metals 5.20%Petroleum Products 4.24%Finance 3.56%Auto 3.55%Net receivables / payables 2.51%Cash & Current Assets 1.44%Minerals/Mining 0.98%Chemicals 0.87%Media & Entertainment 0.14%Miscellaneous 0.00%Total Net Assets 100.00%



Banks 25.51%Software 12.39%Finance 8.71%Consumer Non Durables 8.55%Industrial Products 5.86%Auto 5.80%Petroleum Products 4.13%Media & Entertainment 4.07%Pharmaceuticals 3.53%Power 3.29%Oil 3.13%Non - Ferrous Metals 2.97%Construction Project 2.95%Industrial Capital Goods 2.14%Textile Products 1.88%Cement 1.43%Transportation 0.98%Gas 0.87%Auto Ancillaries 0.67%Miscellaneous 0.57%Cash & Current Assets 1.47%Net receivables / payables -0.90%Total Net Assets 100.00%



Banks 17.93%Corporate Debt 10.68%Software 7.76%Finance 7.50%Construction Project 6.47%State Government Bond 6.11%Government Bond 4.89%Auto 4.25%Industrial Products 3.65%Consumer Non Durables 3.05%Pharmaceuticals 3.02%Auto Ancillaries 2.61%Non - Ferrous Metals 2.14%Media & Entertainment 2.01%Industrial Capital Goods 1.82%Oil 1.75%Petroleum Products 1.70%Gas 1.30%Minerals/Mining 1.29%Textile Products 1.09%Chemicals 1.00%Telecom - Services 0.96%Consumer Durables 0.88%Pesticides 0.77%Construction 0.55%Power 0.50%Miscellaneous 0.01%Cash & Current Assets 4.32%Total Net Assets 100.00%



Banks 18.58%Auto Ancillaries 8.57%Finance 7.99%Media & Entertainment 7.27%Pharmaceuticals 6.77%Software 6.19%Consumer Non Durables 5.87%Industrial Products 5.18%Auto 4.78%Industrial Capital Goods 4.47%Engineering Services 3.71%Textile Products 2.87%Power 2.35%Construction 1.92%Diversified Consumer Services 1.58%

Retailing 1.07%Consumer Durables 0.89%Construction Project 0.79%Cement 0.30%Cash & Current Assets 8.67%Net receivables / payables 0.17%Total Net Assets 100.00%

Birla Sun Life India Reforms Fund


Banks 24.63%Construction Project 19.11%Power 9.92%Oil 7.37%Industrial Capital Goods 6.57%Finance 6.33%Petroleum Products 5.14%Media & Entertainment 4.64%Engineering Services 4.24%Telecom - Services 3.43%Retailing 2.83%Gas 2.57%Construction 1.10%Transportation 0.36%Cash & Current Assets 3.11%Net receivables / payables -1.35%Total Net Assets 100.00%

Birla Sun Life Pure Value Fund


Banks 15.83%Cash & Current Assets 15.13%Power 13.11%Finance 12.44%Petroleum Products 8.61%Industrial Products 6.16%Industrial Capital Goods 4.45%Construction 4.31%Software 3.71%Cement 3.57%Consumer Non Durables 3.26%Construction Project 2.99%Oil 2.92%Transportation 2.47%Textile Products 2.23%Gas 2.19%Futures and Options 1.86%Auto Ancillaries 1.36%Non - Ferrous Metals 1.26%Miscellaneous 1.26%Media & Entertainment 0.63%Net receivables / payables -9.72%Total Net Assets 100.00%

78

Industry Allocation



Birla Sun Life Long TermAdvantage Fund


Banks 19.70%Software 11.04%Petroleum Products 7.84%Consumer Non Durables 6.97%Finance 6.80%Construction Project 6.62%Auto 4.43%Industrial Products 4.01%Pharmaceuticals 3.50%Non - Ferrous Metals 3.40%Gas 3.37%Power 3.04%Minerals/Mining 2.62%Auto Ancillaries 2.50%



United States 19.14%Banks 18.41%Software 8.30%Finance 6.76%Consumer Non Durables 5.62%Auto 4.08%Pharmaceuticals 4.08%Power 3.69%Petroleum Products 3.33%Construction Project 3.11%Oil 2.29%Minerals/Mining 2.18%Industrial Products 1.84%Industrial Capital Goods 1.83%Media & Entertainment 1.62%Textile Products 1.57%Hong Kong 1.56%Germany 1.49%Construction 1.14%Japan 1.03%Non - Ferrous Metals 0.97%Switzerland 0.96%United Kingdom 0.95%Miscellaneous 0.72%Korea, Republic Of 0.66%Norway 0.44%Auto Ancillaries 0.42%France 0.42%Transportation 0.10%Cash & Current Assets 2.54%Net receivables / payables -1.28%Total Net Assets 100.00%

Birla Sun Life CommodityEquities Fund - Global Agri Plan

(GAP)Allocation as a % of Net Assets %

United States 56.50%Switzerland 16.60%Mauritius 5.23%India 4.09%Norway 3.34%Canada 2.83%Russian Federation 2.11%Japan 1.83%Chile 0.83%Malaysia 0.56%Hong Kong 0.00%Cash & Current Assets 2.10%Net receivables / payables 3.98%Total Net Assets 100.00%



United States 70.73%Germany 5.80%Hong Kong 5.42%United Kingdom 3.85%Japan 3.73%Switzerland 3.59%Korea, Republic Of 2.17%France 1.81%Norway 1.51%Mauritius 0.10%Cash & Current Assets 4.60%Net receivables / payables -3.31%Total Net Assets 100.00%

Country/Industry Allocation

Construction 2.00%Telecom - Services 1.66%Miscellaneous 1.42%Cement 1.34%Industrial Capital Goods 1.12%Textile Products 1.06%Oil 0.74%Consumer Durables 0.69%Futures and Options 0.46%Media & Entertainment 0.44%Chemicals 0.38%Cash & Current Assets 1.90%Net receivables / payables 0.95%Total Net Assets 100.00%

79

Industry Allocation



Birla Sun Life EnhancedArbitrage Fund


Finance 18.68%Banks 17.85%Pharmaceuticals 8.13%Ferrous Metals 5.87%Transportation 3.73%Construction 3.05%Oil 3.05%Auto Ancillaries 2.74%Minerals/Mining 2.50%Power 1.97%Consumer Non Durables 1.70%Auto 0.16%Futures and Options -69.54%Cash & Current Assets 28.28%Net receivables / payables 71.83%Total Net Assets 100.00%

SAVINGS SOLUTIONS



Banks 17.54%Finance 10.13%Software 8.79%Auto Ancillaries 8.41%Pharmaceuticals 7.61%Cement 5.51%Petroleum Products 5.15%Auto 5.09%Industrial Capital Goods 4.49%Construction Project 3.89%Consumer Non Durables 3.83%Industrial Products 3.77%Pesticides 3.59%Retailing 2.55%Media & Entertainment 2.24%Transportation 1.73%Consumer Durables 1.40%Miscellaneous 1.30%Minerals/Mining 1.22%Ferrous Metals 1.09%Cash & Current Assets 1.41%Net receivables / payables -0.73%Total Net Assets 100.00%

Birla Sun Life Tax Relief ‘96


Banks 17.54%Finance 10.16%Software 8.78%Auto Ancillaries 8.41%Pharmaceuticals 7.64%Cement 5.49%Petroleum Products 5.13%Auto 5.08%Industrial Capital Goods 4.51%Construction Project 3.88%Consumer Non Durables 3.82%Industrial Products 3.76%Pesticides 3.63%Retailing 2.58%Media & Entertainment 2.23%Transportation 1.74%Consumer Durables 1.40%Minerals/Mining 1.22%Miscellaneous 1.20%Ferrous Metals 1.09%Cash & Current Assets 1.33%Net receivables / payables -0.60%Total Net Assets 100.00%


80

Dividend History of Flagship Schemes Since InceptionBirla Sun Life Frontline Equity Fund Birla Sun Life Equity Fund Birla Sun Life Midcap Fund

Serial No.

Declared on date

Dividend (` per unit)

Cum Dividend

NAV (` per unit)

Serial No.

Declared on date


Cum Dividend NAV

(` per unit)

Serial No.

Declared on date


Cum Dividend NAV

(` per unit)

From Jan’ 13 till date

1. 17-Apr-14 1.223.88

1. 21-Mar-14 4

74.18

1. 19-Jul-13 1.520.01(Direct Plan)

(Regular Plan) 70.10 (Regular Plan)(Regular Plan)

2. 29-Nov-13 122.31

2. 15-Mar-13 363.27

(Regular Plan) (Regular Plan)

3. 12-Apr-13 120.71

(Regular Plan)

Birla Sun Life Frontline Equity Fund Birla Sun Life Equity Fund Birla Sun Life Midcap Fund

Before Jan’ 13 till date

4. 09-Nov-12 0.5 21.29 3. 24-Aug-12 3 60.89 2. 22-Jun-12 1.5 19.97

5. 27-Apr-12 1 19.71 4. 20-May-11 3 65.69 3. 14-Jan-11 2 24.29

6. 04-Feb-11 1.25 21.65 5. 15-Oct-10 5 77.36 4. 16-Jul-10 1.5 26.01

7. 06-Aug-10 1.25 23.13 6. 12-Mar-10 5 69.69 5. 29-Jan-10 2.5 26.02

8. 29-Jan-10 2 22.53 7. 15-Oct-09 5 76.59 6. 31-Jul-09 1.5 22.66

9. 31-Jul-09 1.5 21.51 8. 31-Aug-07 10 79.98 7. 27-Jun-08 2 20.85

10. 08-Aug-08 2 20.48 9. 23-Mar-07 10 74.45 8. 28-Dec-07 6 40.50

11. 29-Jun-07 4 23.86 10. 10-Feb-06 5 63.22 9. 22-Dec-06 3.5 25.94

12. 28-Aug-06 6 23.56 11. 20-Oct-04 1 30.02 10. 03-Feb-06 2 22.59

13. 27-Feb-06 8 28.81 12. 08-Mar-04 3 30.91 11. 28-Jan-05 1 14.75

14. 14-Oct-04 1 16.80 13. 30-Sep-03 1 22.96 12. 08-Oct-04 1.25 13.72

15. 31-Mar-04 2 18.48 14. 24-Mar-03 0.5 14.37 13. 24-Dec-03 6 18.35

16. 29-Aug-03 1 14.45 15. 21-Oct-02 0.5 14.07 14. 22-Jul-03 1 11.81

16. 20-Mar-02 1 17.13 15. 19-Jun-03 1 11.83

17. 28-Sep-01 1 12.79 16. 24-Jan-03 0.5 10.52

18. 20-Mar-01 1 18.97

19. 29-Sep-00 2.5 28.65

20. 28-Mar-00 5 51.08

21. 30-Sep-99 3 25.86

Dividends mentioned above were on a face value of Rs. 10/unit. NAV of the scheme, pursuant to pay out of dividend would fall to the extent of the payout and statutory levy (if applicable). Inception date is August 30 2002 (Birla Sun Life Frontline Equity Fund) , August 27, 1998 (Birla Sun Life Equity Fund) and October 03, 2002 (Birla Sun Life Midcap Fund) Declaration of dividend is at the discretion of the trustees and subject to availability of distributable surplus. Past Performance may or may not be sustained in the future. The schemes Birla Sun Life Frontline Equity Fund , Birla Sun Life Equity Fund and Birla Sun Life Midcap Fund is managed by Mr. Mahesh Patil, Mr. Anil Shah and Mr. Hitesh Zaveri respectively. For performance of the scheme and other schemes managed by the fund managers of Birla Sun Life Frontline Equity Fund , Birla Sun Life Equity Fund and Birla Sun Life Midcap Fund, please refer page 11, 13 and 17 respectively.

birla sun life mutual fund · index birla sun life tax relief ‘96 38 birla sun life tax plan 39...

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