factsheet - essel finance amc limited · equity market commentary for the month of september 2016...

1

FACTSHEET

September, 2016

Indian Air Force Day 2016 -The Indian Air Force (IAF) Day is celebrated on 8th October every year to

mark the day in 1932 when India’s own air force was established as an auxiliary air force of the British

Empire. After Independence, the Royal Indian Air Force served the Dominion of India, with the prefix

“Royal” being dropped when India became a Republic in 1950. This day provides an opportunity to in-

crease awareness about the IAF, which is primarily responsible for securing India’s airspace, conducting

aerial warfare during conflicts and safeguarding Indian Territory. Over the years, however, the IAF has

undertaken social and humanitarian activities as well, including assistance in relief efforts during natural

calamities. The Indian Air Force has the strength of about 170,000 personnel and more than 1,500 aircraft

and considered as one of the leading air forces of the world (Source: India Today). Peerless Family

salutes the IAF and those who serve the nation through it.

Table of Contents Classroom Series 3

Fixed Income Market Commentary by Mr. Killol Pandya 4

Equity Market Commentary by Mr. Amit Nigam 5

Peerless Liquid Fund 6

Peerless Ultra Short Term Fund 7

Peerless Short Term Fund 8

Peerless Flexible Income Fund 9

Peerless Income Plus Fund 10

Peerless 3 in 1 Fund 11

Peerless Equity Fund 12

Peerless Midcap Fund 13

Peerless Long Term Advantage Fund 13

Funds at a Glance 14-15

Peerless Mutual Fund Offices & Product Labeling 16

4

Fixed Income Market Commentary for the month of September 2016

Liquidity :Market liquidity remained easy during September and remained broadly in positive territory for most part of the month before seeing some seasonal tightening towards the end of September. Part of the easing can be attributed to the sea-sonal cash inflows as well as RBIs current policy of keeping adequate market liquidity. Overnight rates remained volatile with CBLO rates ranging from about 4.00% to about 7.15%. Going forward, we expect the market liquidity situation to con-tinue to ease. Inflation: CPI softened significantly and printed at 5.05% (Vs 6.10% last month). This was lower than market expectations. WPI inflation hardened to +3.74% (Vs +3.55% last month) and was higher than market expectations. The IIP print came in sig-nificantly weaker at - 2.40% (Vs +2.1% last month) and was considerably weaker than market expectations. INR: The INR saw a broadly appreciative trend during the month. INR began the month at about 67.05(Vs USD) and ended the month at about 66.61. Going ahead, the currency may exhibit some volatility. FPI flows FCNR repayments, the global trajectory of the USD and other major currencies may cause volatility in the INR in the coming weeks. Interest Rates and Outlook: CPI print was considerably lower than market expectations. IIP numbers have been patchy but a persistently weak reading in IIP numbers may hint at a need to bolster industrial activity in the economy. As of now, we may consider to have received normal Monsoons. Money market instruments saw some marginal softening in yields mainly on account of relatively better market liquidity till the end of the month where seasonal tightening led to some hardening in short term instruments. Gilt securities continued to see positive trends through the month. The new benchmark 10 year paper (6.97% GS 2026) started the month at about 7.10% and ended the month at about 6.82%. Corporate bonds yields also saw some softening in yields but the movement was not as sharp as seen in Gsecs. The rally seen in Gilts can be attributed to improving liquidity, FPI buying, good monsoons as well as a growing perception that RBI may soften Rates in the foreseeable future.

One topical area of concern could be the volatility caused by the FCNR re-payments which began in September and may intensify in October. However, we hold that the volatility caused by the repayments may be short term in nature. We retain our positive outlook for the domestic economy and in the context of a world-wide slowdown, domestic market participants may do well to have a positive outlook for domestic bond markets in the coming quarters. Going forward, we reiterate our view on do-mestic rates to be positive with a medium term perspective. Data Source - Reuters, Bloomberg, RBI, Internal

Mr. Killol Pandya (Head– Fixed Income)

5

Equity Market Commentary for the month of September 2016

Domestic Markets: Post Sensex and Nifty-50 gaining 12.27% and 13.5%, respectively during April-August 2016, September posted negative returns; with Sensex being down by 2.06% and NSE-50 Index being down by 1.99%.In September, among BSE sector indices oil & gas and auto posted best positive re-turns. Oil& Gas with 2.75% returns stood at the top of the table while power sector lost the most, down by 5.19%. For the month, Rupee strengthened by 0.53% and closed at 66.61 against US dollar. Domestic Macro Data: In the month of July, IIP contracted by 2.4% YoY, compared to 2%% growth in June. Weakness led by manufacturing which contracted by 3.4% compared to a growth of 0.7% in June. Within manufacturing, capital goods contracted by 29.6% com-pared to contraction of 16.3% in June. With regard to compo-nents, the weakness is not broad based and infact is highly concentrated. Almost entire weakness can be explained by electrical machinery and apparatus (-59% YoY). Some compo-nents such as textiles, chemicals are seeing improvement in growth trajectory. Mining was positive with a growth of 0.8% (compared to 4.7% in June), electricity (1.6% expansion com-pared to 8.3% in June) continues to do well. Consumer goods continued with a tepid performance led primarily by non-durables. IIP non-durables again recorded a negative print of 1.7% after entering into a positive territory in June (0.9%) after seven consecutive months of negative print. India WPI inflation in August came in at 3.74%, compared to 3.55% last month and continued to remain in the positive terri-tory after finally turning positive in April after marking 17 straight months of negative print. CPI for August came in at 5%, com-pared to 6.1% last month. The MoM decline was led by food, with vegetables,, pulses and eggs, meat and fish at the fore. The food inflation at 5.8% inched lower compared to last month (July – 7.9%). Core CPI of 4.7%, was 10 bps higher compared to last month. India’s trade deficit for August came in at USD 8 billion, similar to the range seen in last few months. Exports in August were USD 21.5 billion (July – USD 21.7 billion). This is a sharp im-provement on the 16% drop reported in FY16. Apart from a weak base, readymade garments, and leather goods continued to show weakness while engineering goods improved. Imports at USD 29.2 billion were slightly lower by ~USD 0.3 billion com-pared to last month.

Current account deficit (CAD) for June 2016 stood at contained level of USD 0.3 billion (0.1% of GDP), same as previous quar-ter and lowest in past 7 years. Healthy current account was primarily led by lower trade deficit. While exports improved, weakness in imports continued along with weak invisibles. Global Markets: US Federal Reserve left interest rates unchanged but strongly signaled it could still tighten monetary policy by the end of the year. The ECB held its key interest rate unchanged. The rate on ECB’s marginal lending facility stands at 0.25%, with the rate on the deposit facility at -0.4%. Bank of Japan decided to adopt a target for long-term interest rates in an overhaul of its massive stimulus program. Outlook: The month of September was an eventful one – with the US central bank maintaining status quo on the interest rates, our markets continued to edge higher. However the “surgical” op-eration carried out by Indian Military at the terrorist camps in POK tempered the sentiments – momentarily – as within the next 2 days the Nifty Index is back to almost the levels from where it fell on the day of announcement and Nifty Midcap 100 Index has made a new high. The point to be understood is that the underlying sentiment towards investments in equity as an asset class and within that owning the faster growing segment (read midcaps) is pretty strong. This liquidity rush, to us, is the reason that despite companies in the Nifty Index reporting earn-ings lower by 3.5% YoY for the June quarter, the Index has continued to go up – rendering it expensive on valuations. On the other hand the smaller companies – the constituents of the Midcap Index – have continued to demonstrate a better earnings growth and hence the valuations though looking high from historical perspective do not look as expensive when ad-justed for growth. The larger companies, we find the earnings trajectory to be weak to justify the current “above average” valuations. We would wait for either the markets to correct or earning upgrades to materialize for us to become incrementally constructive. Data Source - Reuters, Bloomberg, RBI, Internal

Mr. Amit Nigam (Head - Equities)

6

LIQUID FUND (an open ended liquid scheme)

CARE AAAmfs CARE(Credit Analysis and Research Limited Rating

(Source: www.careratings.com) (as on September 30, 2016)

Past Performance is no guarantee of future results.

For details please refer Page 15.

Portfolio as on September 30, 2016

Portfolio Holdings Rating % of Net Asets

CERTIFICATE OF DEPOSITS 39.26

Oriental Bank of Commerce CRISIL A1+ 7.85

Andhra Bank ICRA A1+ 6.55

Allahabad Bank ICRA A1+ 6.54

IDFC Bank Ltd ICRA A1+ 6.53

IndusInd Bank Ltd CRISIL A1+ 2.63

South Indian Bank Ltd CARE A1+ 2.62

Punjab and Sind Bank ICRA A1+ 2.61

RBL Bank Ltd ICRA A1+ 1.31

Vijaya Bank CARE A1+ 1.31

Indian Bank FITCH A1+ 1.31

COMMERCIAL PAPER 35.25

Rural Electrification Corporation Ltd CARE A1+ 6.58

Cox & Kings Ltd CARE A1+ 6.57

Religare Securities Ltd ICRA A1+ 5.19

Religare Comtrade Ltd ICRA A1+ 5.19

Adani Enterprises BWR A1+ 5.17

Axis Finance Ltd ICRA A1+ 1.31

SIDBI CARE A1+ 1.31

Bajaj Finance Ltd ICRA A1+ 1.31

Aditya Birla Finance Ltd ICRA A1+ 1.31

Housing Development Finance Corporation Ltd ICRA A1+ 1.31

FIXED DEPOSITS 0.26

HDFC Bank Ltd 0.26

CBLO (including TBILL held as Collat-eral)/Reverse Repo/Net Current Assets/

Cash/Cash Equivalent 25.23

Total 100.00

Scheme Performance as on September 30, 2016

Period

Peerless Liquid Fund - Regular

Plan- Growth Option

CRISIL Liquid Fund

Index

1 Year Govt. T-Bill

Sep 30,2015 to Sep 30,2016 7.93% 7.69% 7.36%

Sep 30,2014 to Sep 30,2015 8.61% 8.56% 8.86%

Sep 30,2013 to Sep 30,2014 9.54% 9.49% 8.35%

Since Inception CAGR % 8.58% 8.10% 6.82%

Current Value of investment if Rs 10000/- was invested on Inception date (in `.)

17244.501 16746.65 15475.34

Past performance may or may not be sustained in future Returns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Growth Option.

As on September 30, 2016 Average Maturity (Yrs)…………………………………………………………… 0.12 Modified Duration (Yrs)…………………………………………………………… 0.12 Portfolio Yield (%)………………………………………………………………….. 7.23 # TER - Reg (%)……………………………………………………………………… 0.21 # TER - Direct (%)…………………………………………………………………… 0.11

Key Scheme Information

Investment Objective To provide high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market & debt securities. However, there can be no as-surance that the investment objective will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 19th February 2010

Fund Size

`562.27Crs(Monthly AAUM for September 2016) `378.67Crs(AUM as on 30th September,2016)

Asset Allocation Pattern

Money Market Instruments: 60%to100% Debt Instruments: 0% to 40%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of .`1/- thereafter Benchmark : CRISIL Liquid Fund Index

Fund Manager Mr. Vikram Pamnani: Total experience 7 years.

Asset Allocation

Dividend History (Monthly)

Scheme / Plan Record

Date Net Dividend ( ` per unit) Cum

Dividend

Nav (in `)

Individual/

HUF Corporate

PEERLESS LIQUID FUND-REGULAR PLAN MONTHLY

DIVIDEND 29-Sep-16 4.71603060 4.36931210 1007.7895

PEERLESS LIQUID FUND-DIRECT MONTHLY DIVI-

DEND 29-Sep-16 4.78450134 4.43274893 1007.8843


DIVIDEND 26-Aug-16 3.98350924 3.69064507 1006.7753


DEND 26-Aug-16 4.03941257 3.74243844 1006.8527


DIVIDEND 29-Jul-16 5.25859622 4.87198876 1008.5407


DEND 29-Jul-16 5.38398146 4.98815578 1008.7143

Scheme Performance vis-a-vis Benchmark (%)

Rating Profile (%)

Maturity Profile % Weightage

Below or equal to 91 days 74.77

CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

25.23

Please refer to page no. 12 for tax on dividend distribution Please refer to page no. 16 for Product Labeling Face Value changed from `10/- to `1000/- with effect from 21st September 2014.

Net Asset Value (NAV) as on September 30, 2016 (in `)

Plan / Option Regular Plan Direct Plan

Growth 1724.4501 1729.3850

Daily Dividend 1001.2900 1001.2900

Weekly Dividend 1001.2295 1001.1947

Monthly Dividend 1001.4462 1001.4495

Please refer to page no 14 and 15 for statutory details

# - Weighted average for the month

7

ULTRA SHORT TERM FUND (an open ended debt scheme)








ICICI Bank Ltd ICRA A1+ 10.51


Vijaya Bank CARE A1+ 5.37

Bank of Maharashtra CRISIL A1+ 5.26


Religare Securities Ltd ICRA A1+ 5.32

Religare Comtrade Ltd ICRA A1+ 5.31

Adani Enterprises BWR A1+ 5.29

Piramal Enterprises Ltd ICRA A1+ 5.24

Cholamandalam Investment and Finance Company Ltd

ICRA A1+ 5.24

NON-CONVERTIBLE DEBENTURE / ZCB 38.20

Rural Electrification Corporation Ltd CRISIL AAA 10.93

LIC Housing Finance Ltd CRISIL AAA 10.92

Housing Development Finance Corporation Ltd CRISIL AAA 10.92

Power Finance Corporation Ltd CRISIL AAA 5.43

7.95 CBLO (including TBILL held as Collateral)/

Reverse Repo/Net Current Assets/Cash/ Cash Equivalent

Total 100.00


Investment Objective To provide optimal returns & liquidity to the investors by investing primarily in a mix of money market & short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety & liquidity. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 19th February 2010

Fund Size

`107.47Crs (Monthly AAUM for Septeber,2016) `92.14Crs (AUM as on 30th September, 2016)

Asset Allocation Pattern Money Market Instruments:70% to 100% Debt Instruments: 0% to 30%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of `.1/- thereafter Benchmark : CRISIL Liquid Fund Index

Fund Manager Mr. Killol Pandya : Total experience 17 years Mr. Vikram Pamnani: Total experience 7 years.



Date Net Dividend ( ` per unit) Cum

Dividend

Nav (in `)

Individual/HUF

Corporate

PEERLESS ULTRA SHORT TERM FUND-REGULAR PLAN

MONTHLY DIVIDEND 29-Sep-16 4.85672786 4.49966542 1008.7469

PEERLESS ULTRA SHORT TERM FUND-DIRECT



MONTHLY DIVIDEND 26-Aug-16 4.85506665 4.49812634 1008.5322




MONTHLY DIVIDEND 29-Jul-16 4.86106146 4.50368041 1009.7268




Period

Peerless Ultra Short Term Fund –

Regular Plan-Growth Option

CRISIL Liquid Fund Index

1 Year Govt. T-Bill

Sep 30,2015 to Sep 30,2016 7.64% 7.69% 7.36%

Sep 30,2014 to Sep 30,2015 8.39% 8.56% 8.86%

Sep 30,2013 to Sep 30,2014 9.41% 9.49% 8.35%


Current Value of investment if Rs 10000/- was invested on Inception date (in RS.)

17218.20 16746.65 15475.34

Past performance may or may not be sustained in future Returns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calcu-lated for Growth Option.

As on September 30, 2016 Average Maturity (Yrs)................................................................................... 0.42 Modified Duration (Yrs).................................................................................. 0.39 Portfolio Yield (%) ....................................................................................... 7.61 # TER - Reg (%) ....................................................................................... 0.85 # TER - Direct (%) ....................................................................................... 0.21

Asset Allocation


Rating Profile (%)


Below 1 Year 86.62

Above 1 Year 5.43


7.95

Please refer to page no. 12 for tax on dividend distribution Please refer to page no. 16 for Product Labeling Face Value changed from ` 10/- to ` 1000/- with effect from 22nd September 2014.



Growth 1721.8203 1754.5727

Daily Dividend 1005.4600 1006.6500

Weekly Dividend 1004.3404 1005.1072




8

SHORT TERM FUND (an open ended debt scheme)










PIiramal Enterprises Ltd ICRA A1+ 7.60


Jyothy Laboratories Ltd CARE AA- 21.24


TATA Capital Financial Services Ltd CRISIL AA+ 7.91

Fullerton India Credit Company Ltd CARE AAA 7.89



FIXED DEPOSITS 1.57

HDFC Bank Ltd 1.57

MUTUAL FUND UNITS 7.92

GOVERNMENT SECURITIES 9.79

7.68% CGL 15/12/2023 Sovereign 9.79

CBLO (including TBILL held as Collateral)/Reverse Repo/Net Current Assets/Cash/Cash Equivalent

7.65

Total 100.00


Investment Objective To generate income & capital appreciation by investing in a diversified portfolio of debt and money market securities. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date

18th August 2010

Fund Size

` 63.50Crs (Monthly AAUM for September, 2016)

` 63.84Crs (AUM as on 30th September, 2016)


Money Market and debt securities with residual maturity of less than or equal to 3 years: 80% to 100% Debt Instruments with residual maturity greater than 3 years: 0% to 20%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : CRISIL Short Term Bond Fund Index

Fund Manager Mr. Killol Pandya - Total experience 17 years.



Date

Net Dividend (` per unit) Cum Dividend

Nav (in `) Individual/

HUF Corporate

PEERLESS SHORT TERM FUND-REGULAR


PEERLESS SHORT TERM FUND-DIRECT MONTHLY

DIVIDEND 12-Sep-16 0.05351985 0.04958512 11.1143




DIVIDEND 10-Aug-16 0.05344762 0.04951820 11.1086




DIVIDEND 11-Jul-16 0.05330317 0.04938437 11.0771

Dividend History (Quarterly)


Date

Net Dividend ( ` per unit) Cum Dividend

Nav (in `) Individual/

HUF Corporate

PEERLESS SHORT TERM FUND - REGULAR

QUARTERLY DIVIDEND 20-Jun-16 0.15745381 0.14587794 10.9409

PEERLESS SHORT TERM FUND - DIRECT

QUARTERLY DIVIDEND 20-Jun-16 0.16222076 0.15029443 11.2776

PEERLESS SHORT TERM FUND - REGULAR

QUARTERLY DIVIDEND 28-Mar-16 0.15759827 0.14601178 10.9659

PEERLESS SHORT TERM FUND - DIRECT

QUARTERLY DIVIDEND 28-Mar-16 0.16200408 0.15009368 11.2767

PEERLESS SHORT TERM FUND– REGULAR

QUARTERLY DIVIDEND 5-Nov-15 0.15723713 0.14567719 10.9242

PEERLESS SHORT TERM FUND-DIRECT

QUARTERLY DIVIDEND 5-Nov-15 0.16099291 0.14915685 11.1938


Period

Peerless Short Term Fund - Regular Plan-

Growth Option

CRISIL Short Term Bond Fund

Index

1 Year Govt. T-Bill

Sep 30,2015 to Sep 30,2016 7.69% 9.31% 7.36%

Sep 30,2014 to Sep 30,2015 8.78% 9.90% 8.86%

Sep 30,2013 to Sep 30,2014 8.94% 10.12% 8.35%



17413.70 16737.53 15369.44

Past performance may or may not be sustained in future Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

As on September 30, 2016 Average Maturity (Yrs) .................................................................... 2.13 Modified Duration (Yrs)..................................................................... 1.62 Portfolio Yield (%).............................................................................. 7.41 # TER - Reg (%).................................................................................. 1.28 # TER - Direct (%)............................................................................... 0.36

Asset Allocation


Rating Profile (%)


Below 1 Year 44.39

Above 1 Year 40.04


7.65

Please refer to page no. 12 for tax on dividend distribution Please refer to page no. 16 for Product Labeling



Growth 17.4137 17.9722


Quarterly Dividend 10.9965 11.3683

Bonus 13.0517 17.9839



9

FLEXIBLE INCOME FUND (an open ended debt scheme )


Period

Peerless Flexible Income Fund -

Regular Plan - Growth

Option

CRISIL Composite

Bond Fund Index

10 Year dated GOI Security

Sep 30,2015 to Sep 30,2016 9.58% 11.51% 11.11%

Sep 30,2014 to Sep 30,2015 8.42% 12.56% 13.76%

Sep 30,2013 to Sep 30,2014 5.36% 11.61% 6.85%



13338.3 14678.27 14036.43

Past performance may or may not be sustained in future Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan-Growth Option.

As on September 30, 2016 Average Maturity (Yrs) .................................................................................... 8.84 Modified Duration (Yrs) .................................................................................... 5.95 Portfolio Yield (%) ..................................................................................... 6.90 # TER - Reg (%) ..................................................................................... 1.48 # TER - Direct (%) ....................................................................................... 0.61

Asset Allocation


Rating Profile (%)


Below 1 Year 2.85

Above 1 Year 89.30


7.85




Growth 13.3383 13.8716


Quarterly Dividend - 13.1515








7.68% GOI 15/12/2023 Sovereign 32.62

7.59% GOI 11 /01/2026 Sovereign 26.73

7.61% GOI 09 /05/2030 Sovereign 15.03

7.59% GOI 20/03/2029 Sovereign 14.92

FIXED DEPOSITS 2.85

HDFC Bank Ltd 2.85

7.85 CBLO (including TBILL held as Collat-eral)/Reverse Repo/Net Current Assets/

Cash/Cash Equivalent

Total 100.00


Investment Objective The primary investment objective of the scheme is to generate reasonable returns through active duration management of the portfolio, while maintaining liquidity by investing in debt instruments including bonds, debentures & Govt. Securities and money market instruments over various maturity periods. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 21st August 2012

Fund Size ` 33.07Crs(Monthly AAUM for September,2016)


Asset Allocation Pattern Money Market Instruments: 0% to 100% Debt Instruments: 0% to 100%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : CRISIL Composite Bond Fund Index

Fund Manager Mr. Killol Pandya - Total experience 17 years.




Date

Net Dividend (` per unit) Cum Dividend Nav (in `)

Individual/HUF

Corporate

Peerless Flexible Income Fund-Regular-Monthly

Dividend 10-Jul-13 0.04675609 0.04478483 10.0699

Peerless Flexible Income Fund-Direct Monthly

Dividend 10-Jul-13 0.16008741

- 10.2115

Peerless Flexible Income Fund-Dividend-Regular

Monthly Dividend 10-Jun-13 0.09351267 0.08955192 10.1495

Peerless Flexible Income Fund-Dividend-Regular

Monthly Dividend 10-Apr-13 0.11387253 0.09701559 10.1422



Date

Net Dividend ( ` per unit) Cum Dividend Nav (in `)

Individual/HUF

Corporate

Peerless Flexible Income Fund-Direct Quarterly

Dividend 3-May-13 0.43797219 0.37316218 10.7199

Peerless Flexible Income Fund-Regular-Quarterly

Dividend 3-May-13 0.17518888 0.14926487 10.3064

Peerless Flexible Income Fund-Regular-Quarterly

Dividend 4-Feb-13 0.35239527 0.30201220 10.4709


10

INCOME PLUS FUND (an open ended debt scheme)


Period Peerless Income Plus Fund - Regular

Plan - Growth Option

CRISIL MIP Blended

Fund Index


Sep 30,2015 to Sep 30,2016 8.99% 11.17% 11.11%

Sep 30,2014 to Sep 30,2015 9.08% 10.72% 13.76%

Sep 30,2013 to Sep 30,2014 12.62% 15.45% 6.85%


Current Value of investment if Rs 10000/- was invested on Inception

date (in RS.) 16694.1 16924.79 15550.15

Past performance may or may not be sustained in future

Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan-Growth Option.

Peerless Income Plus Fund-Percentage contribution of B15 cities to AUM is 66.38 on September

30,2016

As on September 30, 2016 Average Maturity for the debt portion (Yrs)…….................................................... 5.30 Modified Duration for the debt portion (Yrs)…….................................................. 3.66 Portfolio Yield (%) ....................................................................................... 7.87 # TER - Reg (%) ....................................................................................... 2.56 # TER - Direct (%) ....................................................................................... 1.07

Asset Allocation

Rating Profile (%)- Debt


Above 1 Year 68.87

Below 1 Year 1.31


5.48




Growth Option 16.6941 17.5715




Portfolio Holdings Rating/Industry % of Net Asets

EQUITY SHARES 19.43

HDFC Bank Ltd BANKS 1.45

Kotak Mahindra Bank Ltd BANKS 0.94

ICICI Bank Ltd BANKS 0.79

Bajaj Auto Ltd AUTO 0.78

Infosys Ltd SOFTWARE 0.73

IndusInd Bank Ltd BANKS 0.70

Titan Company Ltd CONSUMER DURABLES 0.70

Asian Paints Ltd CONSUMER NON DURABLES 0.68

Eicher Motors Ltd AUTO 0.68

Nestle India Ltd CONSUMER NON DURABLES 0.68

AIA Engineering Ltd INDUSTRIAL PRODUCTS 0.66

Havells India Ltd CONSUMER DURABLES 0.66

Bata India Ltd CONSUMER DURABLES 0.61

Oracle Financial Services Software Ltd SOFTWARE 0.61

Ultratech Cement Ltd CEMENT 0.60

Repco Home Finance Ltd FINANCE 0.59

Shree Cements Ltd CEMENT 0.58

Bharat Petroleum Corporation Ltd PETROLEUM PRODUCTS 0.58

Suprajit Engineering Ltd AUTO ANCILLARIES 0.54

Engineers India Ltd CONSTRUCTION PROJECT 0.54

Pidilite Industries Ltd CHEMICALS 0.53

Sundaram Finance Ltd FINANCE 0.52

Housing Development Finance Corporation Ltd FINANCE 0.49

Indraprastha Gas Ltd GAS 0.49

Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 0.49

Canara Bank BANKS 0.48

Jyothy Laboratories Ltd CONSUMER NON

DURABLES 0.47

Cummins India Ltd INDUSTRIAL PRODUCTS 0.45

Swaraj Engines Ltd INDUSTRIAL PRODUCTS 0.42

Motherson Sumi Systems Ltd AUTO ANCILLARIES 0.37

Sun Pharmaceuticals Industries Ltd PHARMACEUTICALS 0.29

Castrol India Ltd PETROLEUM PRODUCTS 0.28

Va tech Wabag Ltd ENGINEERING SERVICES 0.05


Religare Enterprises Ltd IND AA- 18.47






7.88% GOI 19/03/2030 Sovereign 11.19

7.68% GOI 15/12/2023 Sovereign 8.15

7.59% GOI 20/03/2029 Sovereign 6.84

MUTUAL FUNDS UNITS 4.91

FIXED DEPOSITS 1.31

HDFC Bank Ltd 1.31


5.48

Total 100.00

Industry Allocation – Equity(%)


Investment Objective

To generate regular income through a portfolio of predominantly high quality fixed income securities and with a marginal exposure to equity & equity related securities. However, there can be no assur-ance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date

29th July 2010

Fund Size

` 76.57 Crs (Monthly AAUM for September, 2016)

` 76.65 Crs (AUM as on 30th September 2016)


Debt & Money Market instruments: 80% to 98% Equity & Equity related instruments: 2% to 20%

Scheme Features

Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/-

thereafter Benchmark : CRISIL MIP Blended Fund Index

Fund Manager

Mr. Killol Pandya : Total experience 17 years. Mr. Amit Nigam : Total experience 14 years.




Date


Nav (in `) Individual/HUF Corporate

PEERLESS INCOME PLUS FUND- REGULAR MONTHLY DIVIDEND 29-Sep-16

0.05879239

0.05447002 10.7715

PEERLESS INCOME PLUS FUND-DIRECT MONTHLY DIVIDEND 29-Sep-16

0.06254817

0.05794968 11.4715

PEERLESS INCOME PLUS FUND- REGULAR MONTHLY DIVIDEND 26-Aug-16

0.05835903

0.05406852 10.7819

PEERLESS INCOME PLUS FUND-DIRECT MONTHLY DIVIDEND 26-Aug-16

0.06211481

0.05754818 11.4709

PEERLESS INCOME PLUS FUND- REGULAR MONTHLY DIVIEND

29-Jul-16

0.05843125

0.05413544 10.8071

PEERLESS INCOME PLUS FUND-DIRECT MONTHLY DIVIDEND 29-Jul-16

0.06211481

0.05754818 11.4885




Date



PEERLESS INCOME PLUS FUND- REGULAR QUARTERLY DIVIDEND

20-Jun-16

0.18107188

0.16775964 11.2009

PEERLESS INCOME PLUS FUND- DIRECT QUARTERLY DIVIDEND

20-Jun-16

0.19219477

0.17806478 11.8977


28-Mar-16

0.17861618

0.16548448 11.0843


28-Mar-16

0.18916126

0.17525428 11.7452


5-Nov-15

0.18367204

0.17016863 11.2574


5-Nov-15

0.19356707

0.17933619 11.8698

11

3 IN 1 FUND* (an open ended hybrid scheme)


Period

Peerless 3 in 1 Fund-Regular

Plan-Growth Op-tion

CRISIL MIP Blended

Fund Index + Gold (85:15)


Sep 30,2015 to Sep 30,2016 10.15% 12.48% 11.11%

Sep 30,2014 to Sep 30,2015 7.16% 8.96% 13.76%

Sep 30,2013 to Sep 30,2014 10.68% 11.47% 6.85%



15,935.40 15,839.00 14,938.45


Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

Peerless 3 in 1 Fund - Percentage contribution of B15 cities to AUM is 43.33 as on

September 30, 2016

As on September 30, 2016 Average Maturity for the debt portion (Yrs) ........................................................ 5.22 Modified Duration for the debt portion (Yrs) ........................................................ 3.66 Portfolio Yield (%) ....................................................................................... 7.72 # TER - Reg (%) ....................................................................................... 2.03 # TER - Direct (%) ....................................................................................... 0.85

Asset Allocation

Rating Profile (%)- Debt


Below 1 Year 0.00

Above 1 Year 54.25


5.73



Investment Objective The investment objective of the scheme is to generate long term capital appreciation through a portfolio of fixed income securities, Gold ETFs of other mutual funds and gold related instruments and Equity & Equity related Instruments. However there can be no assurance that the investment objective of the scheme will be achieved.

Allotment Date Fund Size 5th April, 2011

Fund Size

`23.34Crs(Monthly AAUM for September, 2016)


Asset Allocation Pattern Debt & Money Market instruments: 50% to 70% Equity & Equity related instruments: 15% to 25% Gold ETFs of other mutual funds and gold related instruments: 15% to 25%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : CRISIL MIP Blended Fund Index+Gold (85:15)

Fund Manager Mr. Killol Pandya - Total experience 17 years. Mr. Amit Nigam - Total experience 14 years.


Portfolio Holdings Rating/Industry % of Net Assets

EQUITY SHARES 20.07






Bharat Petroleum Corporation Ltd PETROLEUM PRODUCTS 0.75


Bharat Electronics Ltd INDUSTRIAL CAPITAL 0.68




Nestle India Ltd CONSUMER NON DUR- 0.61



Bata India Ltd CONSUMER DURABLES 0.59




Housing Development Finance Corporation Ltd FINANCE 0.53


Asian Paints Ltd CONSUMER NON DUR- 0.52


Engineers India Ltd CONSTRUCTION PRO- 0.51





Jyothy Laboratories Ltd CONSUMER NON DUR- 0.43

Swaraj Engines Ltd INDUSTRIAL PRODUCTS 0.40

Cummins India Ltd INDUSTRIAL PRODUCTS 0.40

Shree Cements Ltd CEMENT 0.39


Va tech Wabag Ltd ENGINEERING SERVICES 0.05


Religare Enterprises Ltd IND AA- 11.35





MUTUAL FUND UNITS/ ETF 19.95

Goldman Sachs Mutual Fund 19.95


7.88% GOI 19/03/2030 Sovereign 9.74

7.68% GOI 15/12/2023 Sovereign 9.47

7.59% GOI 11/01/2026 Sovereign 4.74


5.73

Total 100.00








Please refer to page no. 12 for tax on dividend distribution Please refer to page no. 16 for Product Labeling * Erstwhile - Peerless MF Child Plan

12

EQUITY FUND (an open ended equity scheme)


Period

Peerless Equity Fund – Regular Plan

-Growth Option NIFTY 50 NIFTY 50

Sep 30,2015 to Sep 30,2016 12.44% 8.33% 8.33%

Sep 30,2014 to Sep 30,2015 9.27% -0.20% -0.20%

Sep 30,2013 to Sep 30,2014 33.25% 38.87% 38.87%


Current Value of investment if Rs 10000/- was invested on Inception

date (in Rs.)

18440.7 17410.68 17410.68


Returns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Growth Option.

Risk Measures Sep 2016

Standard Deviation*(%) …………………………………………………………………………….. 12.79

Benchmark Standard Deviation* (%)………………………………………………………………. 14.86

Sharpe Ratio~ ………………………………………………………………………………………… 0.97

Beta ............................................................................................................................. ........................... 0.80

Portfolio Turnover Ratio (Times) ....................................................................................................... 0.91

# TER - Reg (%).................................................................................................................................... 2.91

# TER - Direct (%)............................................................................................................................... 1.69

Asset Allocation




To generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of equity & equity related securities. However, there can be no assurance that the invest-ment objective will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date Fund Size

28th September, 2011

Fund Size

`97.36 Crs (Monthly AAUM for September, 2016) ` 97.56 Crs (AUM as on 30th September, 2016)


Equity & Equity related instruments: 80% to 100% Debt & Money Market instruments: 0% to 20%

Scheme Features

Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : Nifty 50 Index

Fund Manager

Mr. Amit Nigam - Total experience 14 years.


Portfolio Holdings Industry % of Net Assets

EQUITY SHARES 96.19%

HDFC Bank Ltd BANKS 7.10%

ICICI Bank Ltd BANKS 4.69%

Kotak Mahindra Bank Ltd BANKS 4.10%

Eicher Motors Ltd AUTO 3.85%

Bharat Petroleum Corporation Ltd PETROLEUM PRODUCTS 3.80%

IndusInd Bank Ltd BANKS 3.71%

Infosys Ltd SOFTWARE 3.69%

Bajaj Auto Ltd AUTO 3.51%

Bharat Electronics Ltd INDUSTRIAL CAPITAL 3.28%

Nestle India Ltd CONSUMER NON DUR- 3.19%

Titan Company Ltd CONSUMER DURABLES 3.06%

Repco Home Finance Ltd FINANCE 3.04%

Oracle Financial Services Software Ltd SOFTWARE 3.00%

Sun Pharmaceuticals Industries Ltd PHARMACEUTICALS 2.99%

Havells India Ltd CONSUMER DURABLES 2.98%

Castrol India Ltd PETROLEUM PRODUCTS 2.94%

Sundaram Finance Ltd FINANCE 2.89%

AIA Engineering Ltd INDUSTRIAL PRODUCTS 2.80%

Indraprastha Gas Ltd GAS 2.65%

Suprajit Engineering Ltd AUTO ANCILLARIES 2.62%

Housing Development Finance Corporation FINANCE 2.59%

Bata India Ltd CONSUMER DURABLES 2.58%

Asian Paints Ltd CONSUMER NON DUR- 2.52%

Pidilite Industries Ltd CHEMICALS 2.32%

Engineers India Ltd CONSTRUCTION PROJECT 2.31%

Canara Bank BANKS 2.20%

Shree Cements Ltd CEMENT 2.11%

Jyothy Laboratories Ltd CONSUMER NON DUR- 2.03%

Cummins India Ltd INDUSTRIAL PRODUCTS 2.02%

Swaraj Engines Ltd INDUSTRIAL PRODUCTS 2.02%

Ultratech Cement Ltd CEMENT 1.93%

Motherson Sumi Systems Ltd AUTO ANCILLARIES 1.48%

Va tech Wabag Ltd ENGINEERING SERVICES 0.19%

CBLO (including TBILL held as Collat-eral)/Reverse Repo/Net Current Assets/Cash/Cash Equivalent

3.81

Total 100.00

SIP Returns

SIP Tenure (in years) 3

Investment Amount 10000.00

Start Date 1– October-2013

End Date 30– September -2016

Total no of Instalments 36

Total Amount Invested (Rs) 3,60,000.00

Present value (Rs) 4,41,436.54

Total No Units 23,938.16

CAGR (%) 14.56

XIRR(%) 13.70

Yield (%) 22.62


SIP date every 1st business day of the month

Past performance may or may not be sustained in the future. Assuming ` 10,000 invested

systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.

Peerless Equity Fund - Percentage contribution of B15 cities to AUM is 57.91 as on Septem-ber 30, 2016.

*Statistical returns based on monthly returns over the past 3 year data as on September 30, 2016. ~ 1 day MIBOR has been assumed as the risk-free rate of return. # Weighted average for the month

Tax on Dividend Distribution

Nature Individual/HUF Domestic Companies

Liquid Funds 28.84% 34.608%

Debt Funds 28.84% 34.608%

Equity Funds Nil Nil



Growth 18.4407 19.3299

Normal Dividend 14.4259 15.1132

* Quarterly Dividend 14.6177 14.6609

* Half Yearly Dividend 17.2416 17.2474

* Yearly Dividend 17.2041 -

Please refer to page no. 16 for Product Labeling * Introduced from November 2, 2015

Dividend History


Date

Net Dividend ( ` per unit) Cum Dividend


PEERLESS EQUITY FUND - REGULAR QUARTERLY DIVIDEND

20-Jun-16 0.4000 0.4000 14.1137

PEERLESS EQUITY FUND - DIRECT QUARTERLY DIVIDEND

20-Jun-16 0.5000 0.5000 14.2015

PEERLESS EQUITY FUND - REGULAR QUARTERLY DIVDEND

28-Mar-16 1.8500 1.8500 14.6240

PEERLESS EQUITY FUND - DIRECT QUARTERLY DIVIDEND

28-Mar-16 2.3500 2.3500 15.1525

PEERLESS EQUITY FUND- NORMAL DIVIDEND

16-Nov-15 2.5000 2.5000 15.1693

PEERLESS EQUITY FUND- DIRECT NORMAL DIVIDEND

16-Nov-15 2.5000 2.5000 15.6576

Note: Above rates are inclusive of surcharge and cess.

13

MIDCAP FUND (an open ended equity scheme)

Asset Allocation




Dividend Option 12.0858 12.2075

Key Scheme Information Investment Objective The investment objective of the scheme is to generate medium to long-term capital apprecia-tion by investing predominantly in equity and equity related securities of mid cap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Allotment Date

7th December, 2015

Fund Size

`54.96 Crs (Monthly AAUM for September, 2016)

`53.50 Crs (AUM as on 30th September, 2016)


Equity and Equity Related Instruments of Midcap Companies: 65% to 100% Debt & Money Market Instruments: 0% to 35%

Scheme Features

Exit Load : NIL Minimum Amount: `1,000/- and in multiples of `1/- thereafter Benchmark : Nifty Midcap 100 Index

Fund Manager

Mr. Amit Nigam - Total experience 14 years. Peerless Midcap Fund - Percentage contribution of B15 cities to AUM is 30.44 as on September 30, 2016

TER September 2016 # Regular (%)......................................................................................................... 3.00 # Direct (%).............................................................................................................. 1.11



EQUITY SHARES 95.90



Colgate Palmolive Ltd CONSUMER NON DURABLES 3.83

TTK Prestige Limited CONSUMER DURABLES 3.49


Mahanagar Gas Ltd GAS 3.35

Jyothy Laboratories Ltd CONSUMER NON DURABLES 3.27


V Guard Industries Ltd INDUSTRIAL CAPITAL GOODS 3.11



Britannia Industries Ltd CONSUMER NON DURABLES 3.03

Relaxo Footwears Ltd CONSUMER DURABLES 3.01

Bajaj Finance Ltd FINANCE 2.98



Engineers India Ltd CONSTRUCTION PROJECT 2.80

The Ramco Cements Ltd CEMENT 2.68

Karur Vysya Bank Ltd BANKS 2.65



City Union Bank Ltd BANKS 2.61

Amara Raja Batteries Ltd AUTO ANCILLARIES 2.56

Supreme Industries Ltd INDUSTRIAL PRODUCTS 2.56


eClerx Services Ltd SOFTWARE 2.54

Nesco Ltd COMMERCIAL SERVICES 2.47

Triveni Turbine Ltd INDUSTRIAL CAPITAL GOODS 2.40

P I Industries Ltd PESTICIDES 2.34


Berger Paints CONSUMER NON DURABLES 2.24

Sundaram Fasteners Ltd AUTO ANCILLARIES 2.14


CBLO (including TBILL held as Collat-eral)/Reverse Repo/Net Current As-sets/Cash/Cash Equivalent

4.10

Total 100.00


LONG TERM ADVANTAGE FUND (an open ended equity linked savings scheme)



EQUITY SHARES 90.17






Nestle India Ltd CONSUMER NON DURABLES 3.29

Amara Raja Batteries Ltd AUTO ANCILLARIES 3.13


Mahanagar Gas Ltd GAS 3.07


Colgate Palmolive Ltd CONSUMER NON DURABLES 3.01

V Guard Industries Ltd INDUSTRIAL CAPITAL GOODS 2.85

Britannia Industries Ltd CONSUMER NON DURABLES 2.81




Supreme Industries Ltd INDUSTRIAL PRODUCTS 2.46


Berger Paints CONSUMER NON DURABLES 2.37

Asian Paints Ltd CONSUMER NON DURABLES 2.34


eClerx Services Ltd SOFTWARE 2.33

P I Industries Ltd PESTICIDES 2.32

The Ramco Cements Ltd CEMENT 2.31







Jyothy Laboratories Ltd CONSUMER NON DURABLES 1.90

Sundaram Fasteners Ltd AUTO ANCILLARIES 1.49

TTK Prestige Limited CONSUMER DURABLES 1.40

CBLO (including TBILL held as Collat-eral)/Reverse Repo/Net Current As-sets/Cash/Cash Equivalent

9.83

Total 100.00



The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of `1,50,000/- under and in terms

of Section 80 C (2) (xiii) of the Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized. Allotment Date 30th December, 2015

Fund Size

`19.30 Crs (Monthly AAUM for September, 2016) `19.39 Crs (AUM as on 30th September, 2016)

Asset Allocation Pattern Equity and Equity Related Instruments: 80% to 100% Debt and Money Market Instruments: 0% to 20%

Scheme Features Exit Load : NIL Minimum Amount: `500/- and in multiples of `500/-

thereafter Benchmark : S&P BSE 100 Index

Fund Manager Mr. Amit Nigam - Total experience 14 years. Peerless Long Term Advantage Fund - Percentage contribution of B15 cities to AUM is 52.94 as on September 30,2016

TER September 2016 # Regular (%)......................................................................................................... 2.80 # Direct (%).............................................................................................................. 1.37

Asset Allocation




Dividend Option 11.5174 11.6413


1) Please refer to page no. 12 for tax on dividend distribution 2) Please refer to page no. 16 for Product Labeling 3) These schemes have not completed 1 year, hence performance data is not provided




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nd

An

Op

en

E

nd

ed

H

ybri

d S

ch

em

e

05

th A

pril, 2

01

1

Th

e in

ve

stm

en

t o

bje

ctive

of th

e s

ch

em

e is t

o g

en

era

te lo

ng

te

rm c

ap

ital a

ppre

cia

tio

n th

roug

h a

po

rtfo

lio o

f fixe

d in

co

me

se

cu

ritie

s,

Gold

ET

Fs o

f o

ther

mu

tua

l fu

nd

s a

nd

gold

re

late

d

instr

um

en

ts a

nd

Eq

uity &

Eq

uity r

ela

ted I

nstr

um

en

ts.

Ho

w-

eve

r th

ere

ca

n b

e n

o a

ssu

ran

ce

th

at th

e in

ve

stm

en

t o

bje

ctive

of

the

sch

em

e w

ill b

e a

ch

ieve

d

Cri

sil

MIP

B

len

de

d F

und

In

dex +

Pri

ce

o

f G

old

in

the

ra

tio

85

:15

Mr. K

illol P

an

dya

& M

r. A

mit N

iga

m

Re

gu

lar/

Dir

ect

Gro

wth

/Mo

nth

ly D

ivi-

de

nd

/Qu

art

erl

y

Div

ide

nd

Ye

s

` 1

000

/-

Mu

ltip

les o

f `

1/-

th

ere

after

`

10

0/-

M

ultip

les o

f ` 1

/-

the

rea

fte

r N

il

Pe

erl

ess

Eq

uity

Fu

nd

An

Op

en

En

de

d

Eq

uity S

ch

em

e

28

th S

ep

tem

be

r,

20

11

To

g

en

era

te lo

ng

te

rm

ca

pital

ap

pre

cia

tio

n b

y in

vestin

g i

n

an

actively

ma

na

ge

d p

ort

folio

pre

do

min

ante

ly c

on

sis

tin

g o

f e

qu

ity a

nd

eq

uity r

ela

ted

sce

na

rio.

Ho

we

ver

the

re is n

o

assu

ran

ce

or

gu

ara

nte

e t

ha

t th

e inve

stm

en

t ob

jective

of

the

sch

em

e w

ill b

e a

chie

ve

d. T

he

sche

me

do

es n

ot

assu

re o

r g

ua

ran

tee a

ny r

etu

rns

NIF

TY

50

In

dex

Mr. A

mit N

iga

m

Re

gu

lar/

Dir

ect

Gro

wth

/No

rma

l D

ivid

en

d/

Qu

art

erl

y D

ivid

en

d /

Half Y

ea

rly D

ivid

en

d/

Ye

arl

y D

ivid

en

d

Ye

s

` 1

000

/-

Mu

ltip

les o

f ` 1

/- th

ere

afte

r ` 1

/-

Mu

ltip

les o

f `

1/-

t

he

rea

fte

r N

il

Pe

erl

ess L

on

g

Te

rm A

dva

n-

tage

Fu

nd

An

Op

en

En

de

d

Eq

uity L

inke

d

Savin

gs S

ch

em

e

30

th D

ece

mb

er,

20

15

Th

e S

ch

em

e w

ill see

k t

o invest

pre

do

min

antly in

a d

ive

rsifie

d

po

rtfo

lio

of

eq

uity

an

d e

quity r

ela

ted

instr

um

en

ts

w

ith

th

e

ob

jective

t

o

pro

vid

e

inve

sto

rs

with

o

pp

ort

uni-

tie

s fo

r ca

pital

app

recia

tio

n

an

d

inco

me

gen

era

tio

n

a

long

with

th

e

be

nefit

of

in

co

me

t

ax

de

du

ctio

n

(un

de

r

Se

ctio

n 8

0C

o

f

the

In

co

me

T

ax

Act,

1

96

1)

o

n

th

eir

investm

en

ts.

Sp

ecifie

d

Inve

sto

rs

in

the

S

ch

em

e

are

e

ntitle

d

to

de

du

ction

s o

f

the

a

mo

un

t in

ve

ste

d

in

Units

of

th

e

Sch

em

e,

su

bje

ct

to

a

ma

xim

um

o

f `

1,5

0,0

00

/-

un

de

r

an

d

in

term

s o

f

Se

ctio

n

80

C

(

2)

(x

iii)

o

f

the

I

nco

me

T

ax

Act,

1

96

1.

Investm

en

t in

this

sch

em

e w

ou

ld b

e s

ub

ject

to s

tatu

tory

lock-

in p

eri

od

of 3

ye

ars

fro

m t

he

da

te o

f allo

tme

nt

to b

e e

ligib

le fo

r in

co

me

ta

x

be

ne

fit u

nd

er

se

ctio

n 8

0 C

. T

here

ca

n b

e n

o a

ssu

ran

ce

tha

t th

e investm

en

t o

bje

ctive

un

de

r th

e S

ch

em

e w

ill b

e r

ea

lized

.

S&

P B

SE

10

0

Ind

ex

Mr. A

mit N

iga

m

Re

gu

lar/

Dir

ect

Gro

wth

/ D

ivid

en

d

No

` 5

00/-

M

ultip

les o

f ` 5

00

/- t

here

aft

er

`

50

0/-

M

ultip

les o

f ` 5

00

/-

the

rea

fte

r N

il

Pe

erl

ess

Mid

ca

p F

un

d

An

Op

en

En

de

d

Eq

uity S

ch

em

e

07

th D

ece

mb

er,

20

15

Th

e inve

stm

en

t o

bje

ctive

of

the s

ch

em

e i

s t

o g

en

era

te

me

diu

m t

o lon

g-t

erm

ca

pital ap

pre

cia

tion

by inve

stin

g p

re-

do

min

an

tly in

equity a

nd

eq

uity r

ela

ted

se

cu

rities o

f m

id c

ap

co

mp

an

ies.

Ho

we

ver, t

here

is n

o a

ssu

ran

ce

or

gu

ara

nte

e t

ha

t th

e investm

en

t o

bje

ctive

of

the

Sch

em

e w

ill b

e a

chie

ve

d.

Th

e

Sch

em

e d

oe

s n

ot

assu

re o

r g

ua

ran

tee

any r

etu

rns.

Nifty

Mid

ca

p

10

0

Ind

ex

Mr. A

mit N

iga

m

Re

gu

lar

/ D

ire

ct

Gro

wth

/ D

ivid

en

d

Ye

s

` 1

00

0/-

M

ultip

les o

f ` 1

/- th

ere

afte

r `

100

/-

Mu

ltip

les o

f ` 1

/-

the

rea

fte

r N

il 14

FU

ND

S A

T A

GL

AN

CE

FO

R P

EE

RL

ES

S M

UT

UA

L F

UN

D

Sch

em

e N

am

e

Min

imu

m

Red

em

pti

on

Min

Red

em

pti

on

u

nit

s

Red

em

pti

on

P

ayo

ut

Cycle

S

IP

SIP

Fre

qu

en

cy

SIP

Min

am

t S

IP M

in n

o. o

f C

hq

s

SIP

Sta

rtin

g D

ate

S

WP

S

WP

F

req

uen

cy

SW

P M

in.

Am

t S

WP

Sta

rtin

g D

ate

S

TP

S

TP

Fre

qu

en

cy

ST

P M

in A

mt

ST

P S

tart

ing

Date

Peerl

ess L

iqu

id

Fu

nd

` 1

000/-

an

d in

mu

ltip

les

of

` 1

/- t

here

aft

er

or

acco

un

t b

ala

nce w

hic

hever

is lo

wer

NA

T

+1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- ` 5

00

Mo

nth

ly- `

500

Qu

art

erl

y-

` 1

000

Half

Yearl

y- ` 2

000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(every

Wed

nes-

day)

Fo

rtn

igh

tly (

every

alt

ern

ate

Wed

nesd

ay)

Mo

nth

ly

(as o

n s

pecif

ied

date

s)

Peerl

ess U

ltra

S

ho

rt T

erm

F

un

d

` 1

000/-

an

d in

mu

ltip

les

of

`

1/-

th

ere

aft

er

or

acco

un

t b

ala

nce w

hic

hever

is lo

wer

NA

T

+1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- ` 5

00

Mo

nth

ly- `

500

Qu

art

erl

y-

` 1

000

Half

Yearl

y- ` 2

000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

` 5

00

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess S

ho

rt

Term

Fu

nd

` 1

000/-

an

d in

mu

ltip

les

of

` 1

/- t

here

aft

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- `` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

` 5

00/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess

Fle

xib

le

Inco

me F

un

d

` 1

000/-

an

d in

mu

ltip

les

of

` 1

/- t

here

aft

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly-

`

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess

Inco

me

Plu

s F

un

d

`

1000/-

an

d in

mu

ltip

les

o

f ` 1

/- t

here

aft

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

2

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess 3

in

1 F

un

d

` 1

000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess E

qu

ity

Fu

nd

`

1000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess L

on

g

Term

Ad

van

-ta

ge F

un

d

` 1

000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts,

Mo

nth

ly 1

2 in

sta

llm

en

ts,

Qu

art

erl

y 4

in

sta

llm

en

ts, H

alf

Y

earl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

er-

n

ate

Wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/

qu

art

er

an

d h

alf

yearl

y

*Yes

Mo

nth

ly

&

Qu

art

erl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

*Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 50/-

each

F

ort

nig

htl

y W

eekly

&

Mo

nth

ly

`

500 e

ach

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess

Mid

cap

Fu

nd

` 1

000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts,

Mo

nth

ly 1

2 in

sta

llm

en

ts,

Qu

art

erl

y 4

in

sta

llm

en

ts, H

alf

Y

earl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

er-

n

ate

Wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/

qu

art

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

&

Qu

art

erl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 50/-

each

F

ort

nig

htl

y W

eekly

&

Mo

nth

ly

`

500 e

ach

Dail

y,

Weekly

(every

Wed

nes-

day)

Fo

rtn

igh

tly(e

very

alt

er-

nate

Wed

nesd

ay)M

on

thly

(as

on

sp

ecif

ied

date

s)

Note

: T

he T

ruste

e w

ill e

nde

avo

r to

de

cla

re t

he

Div

iden

d a

s p

er

the s

pe

cifie

d f

req

uen

cie

s,

su

bje

ct

to a

va

ilab

ility

of

dis

trib

uta

ble

su

rplu

s c

alc

ula

ted

in

accord

an

ce

with

th

e R

eg

ula

tio

ns.

Th

e a

ctu

al

de

cla

ratio

ns o

f D

ivid

en

d a

nd

fre

qu

en

cy w

ill inte

r-a

lia d

ep

en

d o

n a

vaila

bili

ty o

f d

istr

ibu

table

su

rplu

s

ca

lcula

ted

in a

ccord

an

ce

with S

EB

I (M

F)

Reg

ula

tio

ns a

nd t

he d

ecis

ion

s o

f th

e T

ruste

e s

ha

ll b

e f

inal

in t

his

reg

ard

. T

he

re i

s n

o a

ssu

ran

ce

or

gua

ran

tee

to

th

e U

nit h

old

ers

as t

o t

he

ra

te o

f D

ivid

en

d n

or

tha

t th

e D

ivid

en

d w

ill b

e p

aid

re

gula

rly.

Div

ide

nd p

aya

ble

un

de

r D

ivid

end

Pa

yo

ut

op

tio

n

(Wee

kly

Op

tion

) is

eq

ual to

or

less t

ha

n `

500

th

en

the

Div

ide

nd

wo

uld

be c

om

pu

lso

rily

rein

ve

ste

d in t

he o

ptio

n o

f th

e S

ch

em

e.

In c

ase

an inve

sto

r fa

ils t

o s

pe

cify h

is p

refe

ren

ce o

f P

lans/S

ub

Pla

ns/O

ptio

ns in

th

e b

elo

w m

en

tio

ned

sch

em

es,

the

de

fault P

lan

/Su

b P

lan

/Op

tio

ns w

ou

ld b

e a

s a

bo

ve

. *

SW

P/S

TP

availa

ble

only

aft

er

co

mp

letio

n o

f sta

tuto

ry lo

ck-i

n p

eri

od

of 3

ye

ars

fro

m t

he

da

te o

f in

ve

stm

en

t b

y t

he

in

ve

sto

r.

Any in

form

ation

here

in c

onta

ined

do

es n

ot

con

stitu

te a

nd

sh

all

be

de

em

ed

no

t to

con

stitu

te a

n a

dvic

e,

an

offe

r to

sell/

purc

ha

se

or

as a

n invita

tio

n o

r solic

ita

tio

n t

o d

o s

o f

or

any s

ecu

ritie

s o

f a

ny e

ntity

, a

nd

fu

rth

er, P

ee

rle

ss F

un

ds M

an

ag

em

en

t C

o.

Ltd

. (P

FM

CL).

Its

su

bsid

iaries /

affili

ate

s/ sp

on-

so

rs / tru

ste

e (

Pe

erl

ess F

un

ds M

an

ag

em

en

t C

o L

td. G

rou

p)

or

their

off

ice

rs,

em

plo

ye

es,

pe

rso

nn

el, d

ire

cto

rs m

ay b

e a

sso

cia

ted in a

co

mm

erc

ial, p

rofe

ssio

nal o

r p

ers

on

al ca

pa

city o

r m

ay h

ave a

co

mm

erc

ial in

tere

st in

clu

din

g a

s p

rop

rieta

ry t

rad

ers

in o

r w

ith s

ecu

ritie

s a

nd /

or

co

mp

an

ies o

r is

su

es

or

ma

tte

rs a

s c

onta

ine

d in

this

pu

blic

atio

n a

nd s

uch

co

mm

erc

ial cap

acity o

r in

tere

st

wh

eth

er

or

not

diffe

ring

with

or

co

nflic

ting

with

this

pub

lica

tio

n,

sh

all

no

t m

ake

or

ren

de

r (P

FM

CL

Gro

up

) lia

ble

in a

ny m

an

ne

r w

ha

tso

eve

r &

(P

FM

CL

Gro

up

) o

r a

ny o

f th

eir

offic

ers

, e

mp

loyee

s,

pe

rso

nnel, d

ire

c-

tors

sh

all

no

t b

e lia

ble

fo

r a

ny lo

ss,

da

ma

ge

, lia

bili

ty w

ha

tso

eve

r fo

r a

ny d

ire

ct

or

indir

ect

loss a

risin

g f

rom

th

e u

se

or

acce

ss o

f a

ny i

nfo

rma

tio

n t

hat

may b

e d

isp

laye

d in

this

pu

blic

ation

fo

rm t

ime

to

tim

e.

Re

cip

ien

ts o

f th

e in

form

atio

n c

on

tain

ed

here

in s

ho

uld

exe

rcis

e d

ue

care

an

d c

au

tio

n a

nd

rea

d t

he S

ch

em

e i

nfo

rma

tio

n D

ocu

me

nt(

s)

and

Sta

tem

en

t o

f A

dditio

nal in

form

atio

n (

inclu

din

g i

f n

ece

ssa

ry,

ob

tain

ing

th

e a

dvic

e o

f ta

x/

lega

l/a

cco

un

ting

/ fina

ncia

l/ o

ther

pro

fessio

nals

) p

rior

to t

akin

g o

f a

ny d

ecis

ion

, a

ctin

g o

r o

mittin

g to

act,

on t

he b

asis

of

the i

nfo

rma

tion

con

tain

ed

he

rein

. T

he

pri

ntin

g a

nd

ma

iling

cost

this

ne

wsle

tter

is c

harg

ed

to

th

e r

espe

ctive s

ch

em

es s

ub

ject

to S

ecu

rities &

Exc

ha

ng

e B

oa

rd o

f In

dia

(M

utu

al F

und

s)

Re

gu

latio

ns, 1

99

6.

CA

RE

Ra

tin

g M

eth

od

olo

gy:

Pe

erl

ess L

iquid

Fun

d,

Pe

erl

ess U

ltra

Sh

ort

Te

rm F

un

d ,

Pee

rless S

hort

Term

Fun

d &

Pe

erl

ess F

lexib

le I

nco

me

Fu

nd h

ave b

een

assig

ne

d “

Cre

dit R

isk R

atin

g A

AA

mfs

” b

y C

AR

E R

ating (

Cre

dit A

naly

sis

an

d R

ese

arc

h L

imite

d)

CA

RE

’s f

un

d c

red

it q

ualit

y r

atin

gs a

re

op

inio

ns o

n t

he o

ve

rall

cre

dit q

ualit

y o

f sp

ecific

de

bt

mu

tua

l fu

nd

. T

he r

atin

g c

ap

ture

s f

un

d’s

ove

rall

exp

osure

to

de

fault r

isk.

CA

RE

use

s t

he

co

ncep

t o

f cre

dit s

core

s,

assig

ne

d t

o in

div

idu

al se

cu

ritie

s, a

s p

er

cre

dit s

co

rin

g m

atr

ix d

eve

lope

d b

y C

AR

E.

The

score

is e

sse

ntially a

fun

ction

of

the c

redit

qu

alit

y a

nd

ratin

g o

f se

cu

rity

an

d its

in

tern

al re

sid

ual m

atu

rity

. T

he

ra

tin

g inclu

de

s a

sse

ssm

en

t o

f va

rio

us q

ualit

ative

fa

cto

rs in

clu

din

g m

an

ag

em

en

t q

ua

lity a

nd

ma

na

ge

me

nt

info

rma

tio

n s

yste

ms a

nd

ris

k m

an

ag

em

en

t syste

ms in

va

rio

us o

pe

ratio

nal are

as.

CA

RE

re

vie

ws t

he

rela

ted

mu

tua

l fu

nd

on

an

on

goin

g b

asis

to

su

ppo

rt its

pu

blis

he

d r

ating

op

inio

ns.

A d

eta

iled

me

tho

do

log

y c

an

be

sou

rce

d fro

m w

ww

.ca

rera

tin

gs.c

om

or

Cre

dit A

na

lysis

& R

esea

rch

Ltd

. S

tatu

tory

deta

ils

: P

ee

rle

ss M

utu

al F

und

ha

s b

ee

n e

sta

blis

he

d a

s a

Tru

st u

nd

er

the

In

dia

n T

rusts

Act,

188

2,

sp

on

sore

d b

y T

he

Pe

erl

ess G

en

era

l F

ina

nce

& In

vestm

en

t C

om

pa

ny L

imite

d (

liabili

ty r

estr

icte

d t

o R

s 1

La

kh).

T

ruste

e:

Pe

erl

ess T

rust

Ma

nag

em

en

t C

o.

Lim

ite

d In

ve

stm

en

t M

an

ag

er:

Pe

erl

ess F

un

ds M

an

ag

em

en

t C

o.

Lim

ite

d(t

he

AM

C)

MU

TU

AL

FU

ND

IN

VE

ST

ME

NT

S A

RE

SU

BJ

EC

T T

O M

AR

KE

T R

ISK

S,

RE

AD

AL

L S

CH

EM

E R

EL

AT

ED

DO

CU

ME

NT

S C

AR

EF

UL

LY.

This

fa

ct

sh

ee

t is

for

info

rma

tio

nal p

urp

ose

only

an

d u

nde

r n

o c

ircu

msta

nce

s is to

be u

se

d o

r co

nsid

ere

d a

s a

n inve

stm

en

t a

dvic

e

15

16

Reach us in at

PEERLESS MUTUAL FUND OFFICES

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PR0DUCT LABELING

NAME OF THE SCHEME THESE PRODUCTS ARE SUIABLE FOR INVESTORS WHO ARE SEEKING* RISKOMETER

Peerless Liquid Fund

(An Open Ended Liquid Scheme) Income over short term.

Investment in debt and money market instruments.

Peerless Ultra Short Term Fund

(An Open Ended Debt Scheme) Income over short term.

Investment in money market and short term debt instruments.

Peerless Short Term Fund

(An Open Ended Debt Scheme) Income over short to medium term.

Investment in debt and money market instruments.

Peerless Flexible Income Fund

(An Open Ended Debt Scheme) Income over medium to long term.

Investment in debt instruments including bonds, debentures and

government securities and money market instruments over various maturity periods.

Peerless Income Plus Fund

(An Open Ended Debt Scheme) Income over medium to long term.

Investment in high quality fixed income securities and with a marginal

exposure to equity and equity related instruments.

Peerless 3 In 1 Fund

(An Open Ended Hybrid Scheme) Capital appreciation over long term.

Investment in fixed income securities equity & equity related instruments

and Gold Exchange Traded Funds and gold related instruments.

Peerless Equity Fund

(An Open Ended Equity Scheme) Capital appreciation over long term.

Investment in Equity & equity related securities diversified over various

sectors.

Peerless Midcap Fund

(An Open Ended Equity Scheme) Capital appreciation over medium to long term.

Investment in Equity & equity related securities of midcap companies.

Peerless Long Term Advantage Fund

(An Open Ended Equity Linked Savings Scheme) Capital appreciation over long term.

Investment in Equity & equity related Instruments.

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

factsheet - essel finance amc limited · equity market commentary for the month of september 2016...

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