novjeumlby e2r 0127016 - licmf · 2017-12-28 · based on rbi's monetary policy and subsequent...

N O V E M B E R 2 0 1 6J U L Y 2 0 1 7

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MARKET REVIEW

DEBT

Market Review

Based on RBI's Monetary Policy and subsequent minutes of the MPC, it seems RBI has moved away from data dependence. If the last policy is taken as an example, it is seen that RBI has decided that it will not cut rates unless it is sure that inflation is clearly headed to the 4% promised territory. Though last few CPI inflation data has been on the lower side, RBI's main worry seems to emanate from the fact that approximately 70% of the decline in headline inflation in the last year has come on the back of declining food prices especially vegetables and pulses. Traditionally food inflation is considered to be driven by short term supply forces which are temporary in nature. Hence RBI is resisting its rate setting decision based on normal convention of not reacting to sharp fall or sharp rise in prices. Having said that pressure is building up on RBI to cut rates in the August 2017 policy but that is not 100% given as inflation could edge up in second half on the back of reversal effect of base effect. In addition, implementation of 7th pay commission will be inflationary and could push inflation above 4% by end of March 2018. US FOMC raised Fed Fund rate range by 25bps from 1% -1.25% as expected. It said near term risks to the economic outlook appear roughly balanced. It also expects to begin implementing its balance sheet normalization program this year. We are closely tracking the Global commodity prices movement that inturn makes impact on the debt market. We are closely tracking Geo political development which makes an impact on the fixed income market.

Outlook

We continue to remain neutral on the back of risks to inflation highlighted by RBI. Distribution of monsoons, payment of 7th pay commission allowances , Impact on GST implementation and fiscal implications of farm loan waivers could still be the upside risks to inflation. Though US FED has maintained that it sees its balance sheet reduction happening by the end of this year, however when it starts it could lead to some negative distortions in the market.

Market Review

July-17 marks start of the GST-era in India's financial and business journey. In July-

17, Equity markets took a breather after a continued rally since Jan-2017. Well-

distributed & above normal monsoon rains brought cheers and positive bias to

agriculture sector. Concerns over negative trade implications appeared closer to

the date of GST implementation which made markets loose some steam.

Uncertainty over banks profitability was driven by: (i) RBI's directive to banks about

provisioning on accounts referred for bankruptcy and, (ii) farm loan waivers by few

states leading to habit forming. Government also cleared 7th Central Pay

Commission allowances which may provide a boost to consumption.

In its Jun-17 meet, RBI retained status quo and also revised its inflation forecasts

downwards. Index for Industrial Production (IIP) posted growth of 3.1% for Apr-17

versus revised print of 3.8% for Mar-17. On inflation front, May-17 CPI inflation

eased to 2.2% post printing 3.0% in Apr-17. WPI inflation softened further and

printed 2.2% for May-17 against 3.8% for Apr-17.

EQUITY

Sector-wise indices – For month of Jun-17, Realty & Healthcare indices

outperformed and returned 5.8% and 4.6% respectively. IT and Oil & Gas indices

underperformed the market during the month returning (-3.9%) & (-7.3%)

respectively.

Capital flows

FIIs were net buyer in the equity to the tune of ₹ 3,617 crores (USD 561 million) in

June 2017. Cumulative, FIIs bought equity worth ₹ 55,175 crores (USD 8.44

Billion) from July 2016 to June 2017 and DII bought equity worth ₹ 68,711 crores

(USD 10.38 billion) for the same period. (As of 30th June 2017, Source: SEBI)

(June 2017 Avg. 1 USD = INR 64.44).

Outlook

June, the first month of Southwest Monsoon 2017 ended on an exceptionally good

note. As on June 30, the cumulative rainfall stands at 4% above normal and

distribution of rainfall has been well spread out across the country. The good

monsoon is critical to the government's hopes of achieving a projected growth rate

of more than 7.5% as a good harvest could lift rural incomes and boost spending on

consumer goods. Agriculture and allied sectors should see increased positive

activity due to better monsoon prospects for FY18.

The GST implemented from 1st July is expected to drive large scale benefits for the

government, corporates as well as consumers. While government will gain from

higher tax collections, the corporate will gain from complete tax credits along the

whole value-chain while being able to streamline their logistical costs. Customers

will ultimately gain from lower prices as the benefits of the system are passed on.

We believe that GST is a powerful reform which will reaffirm the faith in the reforms

process initiated by the government.

Indian IT services will kick start the earnings season, with big corporates taking the

lead. Broadly, as a portfolio theme, we continue to believe in companies with strong

distribution networks, differentiated products, limited regulatory overhang on

manufacturing units and strong consumer base with clear competitive advantage

which can overcome any volatile time.

Factsheet July, 2017

Mr. Saravana Kumar

Chief Investment Officer

* Closing Price as on 30/06/2017

Benchmark Index Price* 1 Month Returns 3 Month Returns 6 Month Returns

BSE Sensex 30,922 -0.70% 4.40% 16.10%

CNX NIFTY 9,521 -1.00% 3.80% 16.30%

BSE Realty 2,043 5.80% 27.70% 61.70%

BSE Healthcare 14,191 4.60% -7.30% -3.60%

BSE Cons Durables 16,013 4.00% 5.00% 42.50%

BSE FMCG Sector 10,428 3.20% 12.50% 28.30%

BSE Small-Cap 15,411 2.20% 6.80% 27.90%

BSE Metal 11,374 1.10% -3.60% 12.50%

BSE Power 2,226 0.20% -2.10% 12.00%

BSE Mid Cap 14,644 0.10% 3.90% 21.70%

BSE 500 13,178 -0.20% 4.30% 19.40%

BSE 200 4,149 -0.40% 3.90% 18.20%

BSE 100 9,853 -0.80% 3.80% 17.50%

BANKEX 26,278 -1.00% 7.60% 26.60%

BSE Cap Goods 17,076 -3.00% 3.80% 25.00%

BSE Auto 23,408 -3.10% 6.30% 15.60%

BSE IT Sector 9,833 -3.90% -5.10% -3.40%

BSE Oil & Gas 13,203 -7.30% -2.70% 8.60%

3

RISKOMETER

Name Of The SchemeThe Product Is Suitable For Investors Who Are Seeking *

Riskometer

LIC MF Growth Fund • Long term capital growth• Investment in equity and equity related securities• Risk - Moderately High

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH

Long term capital growthLIC MF Equity Fund •

Investors understand that their principal will be at moderately high risk

• Investment in equity and equity related securities• Risk - Moderately High

LIC MF Midcap Fund • Long term capital growth• Investment in predominantly equity and equity related

securities of mid-cap companies.• Risk - High

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH

LIC MF Banking and

Investors understand that their principal will be at high risk

Financial Services Fund• Capital appreciation over long term• Investment predominantly in a portfolio of equity &

equity related securities of companies engaged in banking and financial services.

• Risk - High

LIC MF Infrastructure Fund • Long term capital growth• Investment in equity and equity related instruments

of companies directly or indirectly engaged in infrastructure sector

• Risk - High

LIC MF Tax Plan • Long term capital growth• Investment in equity and equity related securities• Risk - Moderately High

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH


LIC MF Index - Sensex Plan • Long term capital growth• Investment in equity instrument of respective index

stocks subject to tracking errors.• Risk - Moderately High

LIC MF Index-Nifty Plan • Long term capital growth• Investment in equity instrument of respective index

stocks subject to tracking errors.• Risk - Moderately High

LIC MF Exchange Traded Fund - Nifty 50

• Long term investment• Investment in securities covered by NIFTY 50

Index, subject to tracking errors.• Risk - Moderately High

LIC MF Exchange Traded Fund - Sensex

• Long term investment.• Investment in securities covered by S&P BSE

SENSEX, subject to tracking errors.• Risk - Moderately High

LIC MF G-Sec Long Term Exchange Traded Fund

• Medium to long term regular income• Investment in securities in line with Nifty 8-13

yr G-Sec Index to generate comparable returns subject to tracking errors.

• Risk – Moderate

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH

Investors understand that their principal will be at moderate risk

• Long term investment• Investment in securities covered by NIFTY 100

Index, subject to tracking errors.• Risk - Moderately High

LIC MF Exchange Traded Fund - Nifty 100

4

Name Of The SchemeThe Product Is Suitable For Investors Who Are Seeking *

Riskometer

LIC MF Government SecuritiesFund

• Long term capital appreciation and current income• Investment in sovereign securities issued by

Central State Government• Risk – Moderate

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH


LIC MF Monthly Income Plan • Regular income for short term• Investment in debt and money market instruments

as well as equity and equity related instruments• Risk - Moderately High

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH


LIC MF Bond Fund • Regular income for long term• Investment in debt / money market instruments /

Govt. securities• Risk - Moderate

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH


LIC MF Children’s Fund • Long term capital appreciation and current income• Investment in debt and money market instruments

as well as equity and equity related instruments.• Risk - Moderately High

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH


LIC MF Income Plus Fund • Regular income for short term• Investment in debt / money market instruments /

Govt. securities• Risk – Moderately Low

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH

Investors understand that their principal will be at moderately low risk

LIC MF Savings Plus Fund • Regular Income for short term• Investment in debt / money market instruments• Risk - Moderately Low

LIC MF Liquid Fund • Regular income for short term• Investment in debt / money market instruments• Risk - Low

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH

Investors understand that their principal will be at low risk

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

RISKOMETER

LIC MF Balanced Fund • Long term capital appreciation and current income• Investment in equity and equity related securities,

fixed income securities (debt and money market securities).

• Risk - Moderately High

Moderate

Moderately

Low

Low

ModeratelyHigh

High

LOW HIGH


Scheme• Long term capital appreciation and current income• Investment in equity and equity related securities,

fixed income securities (debt and money market securities).

• Risk - Moderately High.

LIC MF Unit Linked Insurance

An open ended pure Growth scheme seeking to provide capital growth by investing mainly in equity

instruments and also in debt and other permitted instruments of capital and money markets. The investment

portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. However,

there is no assurance that the investment objective of the Scheme will be realised.

Past performance may or may not be sustained in the future. # S&P BSE SENSEX, ## NIFTY 50 INDEX . 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 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 purpose only and should not be

construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. NA : Not Available.

SCHEME PERFORMANCE

SIP PERFORMANCE

PORTFOLIO AS ON 30.06.2017

INVESTMENT OBJECTIVESCHEME FEATURES

ASSET ALLOCATION (% of NAV)

SECTOR ALLOCATION (% of NAV)

Company % of NAV Company % of NAV

SIP Investments 1 Year 3 Years 5 Years 10 Years Since Inception

Total Amount Invested ( )₹ 1,20,000 3,60,000 6,00,000 12,00,000 NA

Market Value as on June 30, 2017 ( ) ₹ 1,29,414 4,13,210 8,31,688 21,39,340 NA

Returns (CAGR) (%) 14.97 9.18 13.04 11.14 NA

Benchmark Returns (CAGR) (%) #

Additional Benchmark Returns (CAGR) (%) ##

17.36

16.73

8.37

9.12

10.69

11.39

9.62

10.04

NA

NA

5

95.58%

4.42%

Equity Holdings

Cash & Other Receivables

Scheme Type: An Open-Ended Equity Scheme

Date of Allotment: September 01, 1994

FUND SIZE:

AUM as on 30/06/2017: ₹ 241.22 Cr

Average AUM as on 30/06/2017: ₹ 248.68 Cr

LOAD STRUCTURE:

Entry Load: Nil

Exit Load: 1% if exit within 1 year from the date

of allotment of units

Benchmark: S&P BSE Sensex

Minimum Investment: ₹ 5,000/-

FUND MANAGER:

Name: Mr. Sachin Relekar;Experience: 12 years

NAV AS ON JUNE 30, 2017:

NAV Regular Plan Direct Plan

Growth ₹ 23.1752 ₹ 24.0111

Dividend ₹ 16.9328 ₹ 18.8292

EXPENSE RATIO

Regular: 2.85% Direct: 1.60%

ANNUAL PORTFOLIO TURNOVER RATIO:

0.44 times

RISK MEASURES

Standard Deviation 4.1583

Sharpe Ratio 0.1137

Portfolio Beta 0.9507


Scheme S&P BSE Sensex* Nifty 50** Nifty 50** S&P BSE Sensex* Scheme

1 Year 14.64% 14.53% 14.88% 11,463.80 11,441.00 11,491.73

3 Years 11.05% 6.75% 7.74% 13,699.19 12,152.19 12,510.46

5 Years 14.11% 12.13% 12.50% 19,359.77 17,749.00 18,032.58

Since Inception 3.75% 8.76% 8.87% 23,175.20 68,067.59 69,682.80

As on June 30, 2017

As on June 30, 2017

CAGRValue of lumpsum investment of 10,000/- invested ₹

on inception datePeriod

Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Sachin Relekar is managing the above

scheme from 5th March, 2015 and total no of schemes managed by him is 14. Past performance may or may not be sustained in the future. Load is not taken into consideration

for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns.* Benchmark, ** Additional Benchmark.30.53%

17.94%

9.14%

6.39%

5.09%

3.70%

3.63%

3.52%

3.42%

3.21%

3.03%

2.49%

2.01%

1.48%

Banks

Auto

Consumer Non Durables

Pharmaceuticals

Software

Cement

Auto Ancillaries

Finance

Construction Project

Petroleum Products

Pesticides

Non - Ferrous Metals

Media & Entertainment

Industrial Products

Equity Holdings

Auto 17.94%

Maruti Suzuki India Ltd. 8.67%

Eicher Motors Ltd. 5.12%

Tata Motors Ltd. 3.04%

Bajaj Auto Ltd. 1.10%

Auto Ancillaries 3.63%

Motherson Sumi Systems Ltd. 3.63%

Banks 30.53%

HDFC Bank Ltd. 8.97%

ICICI Bank Ltd. 6.50%

Kotak Mahindra Bank Ltd. 6.15%

IndusInd Bank Ltd. 5.08%

Axis Bank Ltd. 3.83%

Cement 3.70%

UltraTech Cement Ltd. 2.00%

Shree Cements Ltd. 1.70%

Construction Project 3.42%

Larsen & Toubro Ltd. 3.42%

Consumer Non Durables 9.14%

Britannia Industries Ltd. 3.64%

ITC Ltd. 2.31%

Hindustan Unilever Ltd. 2.21%

Dabur India Ltd. 0.97%

Finance 3.52%

Housing Development Finance Co. Ltd. 3.52%

Industrial Products 1.48%

Cummins India Ltd. 1.48%

Media & Entertainment 2.01%

Zee Entertainment Enterprises Ltd. 2.01%

Non - Ferrous Metals 2.49%

Hindalco Industries Ltd. 2.49%

Pesticides 3.03%

UPL Ltd. 3.03%

Petroleum Products 3.21%

Indian Oil Corporation Ltd. 3.21%

Pharmaceuticals 6.39%

Aurobindo Pharma Ltd. 3.29%

Lupin Ltd. 1.98%

Piramal Enterprises Ltd. 1.12%

Software 5.09%

Infosys Ltd. 5.09%

Equity Holdings Total 95.58%

Cash & Other Receivables 4.42%

Grand Total 100.00%

The main investment objective of the scheme is to provide capital growth by investing mainly in equities. The

investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth.

However, there is no assurance that the investment objective of the Scheme will be realised.

Past performance may or may not be sustained in the future. # S&P BSE SENSEX, ## NIFTY 50 INDEX. Assuming ₹ 10,000/- invested systematically on the first Business Day



construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. NA: Not Available.



Market Value as on June 30, 2017 ( ) ₹ 1,23,059 3,82,840 7,54,459 18,55,285 NA

Returns (CAGR) (%) 4.79 4.04 9.11 8.44 NA



17.36

16.73

8.37

9.12

10.69

11.39

9.62

10.04

NA

NA

SCHEME FEATURES INVESTMENT OBJECTIVE


SCHEME PERFORMANCE

SIP PERFORMANCE

6





Date of Allotment: April 15, 1993

FUND SIZE:

AUM as on 30/06/2017: ₹ 337.00 Cr


LOAD STRUCTURE:

Entry Load: Nil

Exit Load: 1% if exit within 1 year from the date of

allotment of units



FUND MANAGER:

Name: Mr. Ramnath Venkateswaran

Experience: 12 years



Growth ₹ 41.6421 ₹ 42.7771

Dividend ₹ 13.6285 ₹ 16.4983

EXPENSE RATIO:

Regular: 2.82%; Direct: 1.66%


1.11 times

RISK MEASURES:


Sharpe Ratio 0.0076


99.31%

0.69%

Equity Holdings


Scheme S&P BSE Sensex* Nifty 50** Nifty 50**Scheme S&P BSE Sensex*

1 Year 7.50% 14.53% 14.88% 10,749.78 11,441.00 11,491.73

3 Years 5.32% 6.75% 7.74% 11,684.40 12,152.19 12,510.46

5 Years 11.26% 12.13% 12.50% 17,059.94 17,749.00 18,032.58

Since Inception 6.06% 11.34% 11.60% 41,642.10 1,34,845.15 1,42,814.93

As on June 30, 2017

PeriodCAGR

Value of lumpsum investment of 10,000/- invested ₹on inception date

Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Ramnath Venkateswaran is managing

the above scheme from 5th March 2015 and total no of schemes managed by him is 10. Past performance may or may not be sustained in the future. Load is not taken into

consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark.

As on June 30, 2017


29.28%

12.90%

11.16%

7.82%

6.53%

6.17%

4.78%

3.91%

3.72%

2.09%

2.08%

1.96%

1.89%

1.86%

1.84%

0.84%

0.46%

Banks

Software

Power

Pharmaceuticals

Telecom - Services

Industrial Products

Auto

Chemicals


Construction

Pesticides

Ferrous Metals

Finance


Minerals/Mining

Consumer Durables


Equity Holdings

Auto 4.78%

Tata Motors Ltd. DVR Shares 3.90%

Hero MotoCorp Ltd. 0.88%

Banks 29.28%


State Bank of India 7.14%

Punjab National Bank 4.83%

Bank of India 4.55%

Bank of Baroda 3.64%


Chemicals 3.91%

Tata Chemicals Ltd. 2.84%

Navin Fluorine International Ltd. 1.07%

Construction 2.09%

Prestige Estates Projects Ltd. 2.09%



Consumer Durables 0.84%

Bajaj Electricals Ltd. 0.84%



Ferrous Metals 1.96%

Tata Steel Ltd. 1.96%

Finance 1.89%

Power Finance Corporation Ltd. 1.89%


Supreme Industries Ltd. 2.07%

Bharat Forge Ltd. 2.07%

SKF India Ltd. 1.19%

AIA Engineering Ltd. 0.85%

Minerals/Mining 1.84%

Coal India Ltd. 1.84%



Pesticides 2.08%

PI Industries Ltd. 2.08%


Sun Pharmaceutical Industries Ltd. 2.31%


IPCA Laboratories Ltd. 1.44%

Cadila Healthcare Ltd. 1.40%

Sanofi India Ltd. 0.57%

Power 11.16%

NTPC Ltd. 5.05%

Power Grid Corporation of India Ltd. 4.45%

Tata Power Company Ltd. 1.66%

Software 12.90%

Tech Mahindra Ltd. 4.56%

Infosys Ltd. 3.86%

Wipro Ltd. 3.29%

KPIT Technologies Ltd. 1.20%

Telecom - Services 6.53%

Bharti Airtel Ltd. 6.53%



Grand Total 100.00%

7

To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked

instruments of mid-cap companies. However, there can be no assurance that the investment objective of the

scheme will be realised.

Past performance may or may not be sustained in the future. # Nifty Free Float Midcap 100 Index, ## NIFTY 50 INDEX. 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 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 purpose only and should

not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns.


Total Amount Invested ( )₹ 1,20,000 - - - 2,80,000

Market Value as on June 30, 2017 ( ) ₹ 1,37,392 - - - 3,58,008

Returns (CAGR) (%) 28.14 - - - 21.77



23.83

16.73

-

-

-

-

-

-

20.14

11.25



SCHEME PERFORMANCE

SIP PERFORMANCE

90.42%

9.58%

Equity Holdings






Date of Allotment: February 25, 2015

FUND SIZE:

AUM as on 30/06/2017: ₹ 159.49 Cr


LOAD STRUCTURE:

Entry Load: Nil

Exit Load: 1% upto 1 year and No Exit Load after

1 Year

Benchmark: Nifty Free Float Midcap 100


FUND MANAGER:

Name: Mr. Sachin Relekar; Experience: 12 years



Growth ₹ 13.4007 ₹ 13.7040

Dividend ₹ 13.4007 ₹ 13.6968

EXPENSE RATIO:



0.40 times

RISK MEASURES:


Sharpe Ratio 0.1900


Scheme NIFTY Free Float MIDCAP 100* Scheme NIFTY Free Float MIDCAP 100* Nifty 50**Nifty 50**

1 Year 32.79% 28.32% 14.88% 13,278.81 12,836.34 11,491.73

3 Years NA NA NA NA NA NA


Since Inception 13.28% 14.12% 3.57% 13,400.70 13,636.07 10,859.62

As on June 30, 2017

PeriodCAGR

Value of lumpsum investment of 10,000/- ₹invested on inception date


scheme from 5th March 2015 and total no of schemes managed by him is 14. The scheme was launched on 25th Feb'2015, hence returns are available only for 1 year. Past

performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising

or forecasting any returns.

As on June 30, 2017


12.97%

10.49%

8.17%

7.56%

7.11%

6.23%

4.78%

4.64%

4.34%

3.76%

3.55%

2.83%

2.80%

2.51%

1.99%

1.67%

1.52%

1.33%

1.04%

0.78%

0.37%

Pharmaceuticals

Auto Ancillaries

Chemicals

Banks


Finance

Pesticides


Textile Products

Consumer Durables

Transportation

Petroleum Products

Gas

Cement

Auto

Industrial Products


Industrial Capital Goods

Tele. - Equipment & Accessories

Software

Construction

Equity Holdings

Auto 1.99%




Exide Industries Ltd. 2.50%

Tube Investments of India Ltd. 2.23%

MRF Ltd. 1.80%

Banks 7.56%

City Union Bank Ltd. 4.03%


Cement 2.51%

The Ramco Cements Ltd. 2.51%

Chemicals 8.17%


Vinati Organics Ltd. 3.11%

GHCL Ltd. 1.17%

Construction 0.37%

Brigade Enterprises Ltd. 0.37%


Voltas Ltd. 2.48%

KEC International Ltd. 2.16%


VIP Industries Ltd. 1.89%




Kaveri Seed Company Ltd. 2.49%

Emami Ltd. 0.99%

Finance 6.23%

Max Financial Services Ltd. 2.99%

Multi Commodity Exchange of India Ltd. 1.90%

Motilal Oswal Financial Services Ltd. 1.34%

Gas 2.80%

Petronet LNG Ltd. 2.80%

Industrial Capital Goods 1.33%

Bharat Electronics Ltd. 1.33%





Pesticides 4.78%

UPL Ltd. 4.78%








Torrent Pharmaceuticals Ltd. 1.10%

Suven Life Sciences Ltd. 0.99%

Software 0.78%

Persistent Systems Ltd. 0.78%

Telecom - Equipment & Accessories 1.04%

Sterlite Technologies Ltd. 1.04%

Textile Products 4.34%

K.P.R. Mill Ltd. 1.96%

Welspun India Ltd. 1.20%

SRF Ltd. 1.18%

Transportation 3.55%

InterGlobe Aviation Ltd. 3.55%



Grand Total 100.00%

8

Past performance may or may not be sustained in the future. # S&P BSE BANKEX INDEX, ## NIFTY 50 INDEX. 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 by using XIRR method (investment internal rate of return) for


not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns.

The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a

portfolio that is invested substantially in equity and equity related securities of companies engaged in

banking & financial services sector. However, there can be no assurance that the investment objective of the

Scheme will be realised.


Total Amount Invested ( )₹ 1,20,000

1,32,645

20.25

30.82

16.73

- - - 2,70,000

Market Value as on June 30, 2017 ( ) ₹ - - - 3,25,713

Returns (CAGR) (%) - - - 17.01



-

-

-

-

-

-

21.22

11.91



SCHEME PERFORMANCE

SIP PERFORMANCE

80.38%

13.76%

Banks

Finance

94.14%

5.86%

Equity Holdings


Company % of NAV



Scheme Type: An Open-Ended Banking &

Financial Services Sector Fund

Date of Allotment: March 27, 2015

FUND SIZE:

AUM as on 30/06/2017: ₹ 69.85 Cr


LOAD STRUCTURE:

Entry Load: Nil

Exit Load: 1% upto 1 year and No Exit Load after

1 Year

Benchmark: S&P BSE Bankex


FUND MANAGER:

Name: Mr. Ramnath Venkateswaran




Growth ₹ 11.4150 ₹ 11.6071

Dividend ₹ 11.4144 ₹ 11.5977

EXPENSE RATIO:



0.29 times

RISK MEASURES:


Sharpe Ratio 0.0300


Scheme S&P BSE Bankex* Nifty 50** Nifty 50**Scheme S&P BSE Bankex*

1 Year 26.45% 27.99% 14.88% 12,644.98 12,797.37

12,716.39

11,491.73

11,414.03



Since Inception 6.01% 11.19% 6.01% 11,415.00

As on June 30, 2017

PeriodCAGR

Value of lumpsum investment of 10,000/-₹invested on inception date


the above scheme from 27th March 2015 and total no of schemes managed by him is 10. The scheme was launched on 27th March'2015, hence returns are available only for 1

year. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or

promising or forecasting any returns. * Benchmark, ** Additional Benchmark. NA : Not Available.

As on June 30, 2017


Equity Holdings

Banks 80.38%




Bank of India 7.93%




The South Indian Bank Ltd. 4.95%

Canara Bank 4.77%

The Federal Bank Ltd. 4.28%

DCB BANK Ltd. 3.72%


Yes Bank Ltd. 2.09%

Vijaya Bank 1.86%


Finance 13.76%



CRISIL Ltd. 2.38%

Cholamandalam Investment and Finance Company Ltd. 1.82%

Shriram Transport Finance Company Ltd. 1.73%

Mahindra & Mahindra Financial Services Ltd. 1.16%

Rural Electrification Corporation Ltd. 0.53%



Grand Total 100.00%

9

Past performance may or may not be sustained in the future. # S&P BSE 100 INDEX, ## NIFTY 50 INDEX. 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 by using XIRR method (investment internal rate of return) for Regular Plan -


construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns.

The investment objective of the scheme is to provide long term growth from a portfolio of equity / equity

related instruments of companies engaged either directly or indirectly in the infrastructure sector. However,


98.60%

1.40%

Equity Holdings



Total Amount Invested ( )₹ 1,20,000

1,33,279

21.30

17.68

16.73

3,60,000 6,00,000 -

-

-

-

-

11,10,000

Market Value as on June 30, 2017 ( ) ₹ 4,14,713 8,24,768 16,76,210

Returns (CAGR) (%) 9.43 12.70 8.67



10.19

9.12

12.36

11.39

11.25

10.70



SCHEME PERFORMANCE

SIP PERFORMANCE




Scheme Type: An Open-Ended Equity Sectoral

Scheme


FUND SIZE:

AUM as on 30/06/2017: ₹ 63.42 Cr


LOAD STRUCTURE:

Entry Load: Nil


allotment of units

Benchmark: S&P BSE 100


FUND MANAGER:




Growth ₹ 13.4625 ₹ 14.0187

Dividend ₹ 13.4633 ₹ 13.9409

EXPENSE RATIO:



0.20 times

RISK MEASURES:


Sharpe Ratio 0.0428


Scheme S&P BSE 100* Nifty 50** Nifty 50**Scheme S&P BSE 100*

1 Year 16.94% 16.88% 14.88% 11,694.01 11,685.49 11,491.73

3 Years 7.05% 8.36% 7.74% 12,271.10 12,729.90 12,510.46

5 Years 12.43% 13.28% 12.50% 17,972.29 18,661.32 18,032.58

Since Inception 3.26% 8.54% 8.13% 13,462.50 21,388.11 20,653.38

As on June 30, 2017

PeriodCAGR


Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Sachin Relekar managing the above

scheme from 1st March 2013 and total no of schemes managed by him is 14. Past performance may or may not be sustained in the future. Load is not taken into consideration for

computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark.

As on June 30, 2017


29.60%

14.75%

13.57%

6.00%

5.91%

5.58%

4.89%

3.14%

3.13%

2.82%

2.57%

2.51%

1.71%

1.42%

0.98%

Banks


Cement

Industrial Products


Transportation

Gas

Telecom - Services


Petroleum Products

Construction

Chemicals

Minerals/Mining



Equity Holdings

Banks 29.60%





Axis Bank Ltd.

Cement

2.16%

13.57%


JK Lakshmi Cement Ltd. 3.77%


ACC Ltd. 1.98%

Chemicals 2.51%

Solar Industries India Ltd. 2.51%

Construction 2.57%





Sadbhav Engineering Ltd. 3.58%

Ashoka Buildcon Ltd. 3.45%



Gas 4.89%




Praj Industries Ltd. 2.47%






Gujarat Mineral Development Corporation Ltd. 0.04%











Container Corporation of India Ltd. 1.96%



Grand Total 100.00%

10


of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Regular Plan -



The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our

investors through prudent investments in the stock markets. However, there is no assurance that the

investment objective of the Scheme will be realised.

92.59%

7.41%

Equity Holdings




NA

NA

NA

NA

Market Value as on June 30, 2017 ( ) ₹ 1,31,966 4,26,628 8,86,120 22,23,271

Returns (CAGR) (%) 19.14 11.37 15.61 11.86



17.36

16.73

8.37

9.12

10.69

11.39

9.62

10.04



SCHEME PERFORMANCE

SIP PERFORMANCE




Scheme Type: An Open-Ended Equity Linked Tax

Saving Scheme

Date of Allotment: March 31,1997

FUND SIZE:

AUM as on 30/06/2017: ₹ 107.38 Cr


LOAD STRUCTURE:

Entry Load: Nil

Exit Load: Nil (Subject to lock-in period of 3

years)


Minimum Investment: ₹ 500/-

FUND MANAGER:




Growth ₹ 57.1804 ₹ 59.3935

Dividend ₹ 17.0303 ₹ 17.7132

EXPENSE RATIO:



0.64 times

RISK MEASURES:


Sharpe Ratio 0.1506



1 Year 17.91% 14.53% 14.88% 11,791.34

14,534.57

11,441.00 11,491.73

3 Years 13.26% 6.75% 7.74% 12,152.19 12,510.46

5 Years 16.09% 12.13% 12.50% 21,098.94 17,749.00 18,032.58

Since Inception 8.98% 11.57% 11.94% 57,180.40 92,004.23 98,325.93

As on June 30, 2017

PeriodCAGR



scheme from 5th March 2015 and total no of schemes managed by him is 14. Past performance may or may not be sustained in the future. Load is not taken into consideration

for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark.

As on June 30, 2017


19.80%

9.39%

8.86%

8.22%

5.73%

5.44%

3.90%

3.71%

3.26%

3.11%

3.05%

2.74%

2.43%

2.17%

2.07%

1.90%

1.53%

1.51%

1.43%

1.41%

0.95%

Banks

Auto

Chemicals

Pharmaceuticals


Pesticides

Auto Ancillaries

Industrial Products

Transportation

Consumer Durables

Cement

Gas


Software

Finance

Petroleum Products




Construction

Textile Products

Equity Holdings

Auto 9.39%







Banks 19.80%





Cement 3.05%



Chemicals 8.86%



Pidilite Industries Ltd. 1.46%

GHCL Ltd. 0.90%

Construction 1.41%






VIP Industries Ltd. 1.33%




Finance 2.07%

Max Financial Services Ltd. 2.07%

Gas 2.74%









Pesticides 5.44%

UPL Ltd. 3.22%

PI Industries Ltd. 2.23%









Software 2.17%

Infosys Ltd. 2.17%




SRF Ltd. 0.95%





Grand Total 100.00%

11


of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Regular Plan -



The main investment objective of the fund is to generate returns commensurate with the performance of the

index either Nifty/Sensex based on the plans by investing in the respective index stocks subject to tracking

errors. However, there is no assurance that the investment objective of the Scheme will be realised.

99.60%

0.40%

Equity Holdings



Total Amount Invested ( )₹ 1,20,000 3,60,000 6,00,000 12,00,000 17,40,000

Market Value as on June 30, 2017 ( ) ₹ 1,30,642 4,05,966 7,77,712 19,37,845 40,09,646

Returns (CAGR) (%) 16.97 7.98 10.33 9.27 10.76



17.36

16.73

8.37

9.12

10.69

11.39

9.62 12.53

10.04 12.57



SCHEME PERFORMANCE

SIP PERFORMANCE




Scheme Type: An Open-Ended Index Linked

Equity Scheme

Date of Allotment: December 05, 2002

FUND SIZE:

AUM as on 30/06/2017: ₹ 15.11 Cr


LOAD STRUCTURE:

Entry Load: Nil

Exit Load: 1% if exit within 1 month from the date




FUND MANAGER:

Name: Mr. Ramnath Venkateswaran;




Growth ₹ 57.5680 ₹ 58.9442

Dividend ₹ 19.7328 ₹ 19.7908

EXPENSE RATIO:



0.10 times

RISK MEASURES:

Tracking Error 0.19%


1 Year 13.87% 14.53% 14.88% 11,387.35 11,441.00 11,491.73

3 Years 6.37% 6.75% 7.74% 12,036.14 12,152.19 12,510.46

5 Years

Since Inception

11.89% 12.13% 12.50% 17,550.81 17,749.00 18,032.58

12.93% 16.76% 16.35% 57,568.00 95,740.54 91,026.34

As on June 30, 2017

PeriodCAGR





As on June 30, 2017


27.34%

13.62%

11.71%

11.49%

8.71%

7.76%

4.98%

4.57%

2.90%

1.69%

1.45%

1.24%

1.12%

1.02%

Banks


Software

Auto

Finance

Petroleum Products

Pharmaceuticals


Power

Telecom - Services

Oil

Ferrous Metals

Transportation

Minerals/Mining

Equity Holdings

Auto 11.49%



Mahindra & Mahindra Ltd. 2.12%




Banks 27.34%









ITC Ltd. 9.34%


Asian Paints Ltd. 1.68%



Finance 8.71%

Housing Development Finance Co. Ltd. 8.71%



Oil 1.45%

Oil & Natural Gas Corporation Ltd. 1.45%


Reliance Industries Ltd. 7.76%



Dr. Reddy's Laboratories Ltd. 1.13%

Cipla Ltd. 0.96%

Lupin Ltd. 0.87%

Power 2.90%


NTPC Ltd. 1.33%

Software 11.71%

Infosys Ltd. 6.36%

Tata Consultancy Services Ltd. 4.24%

Wipro Ltd. 1.10%




Adani Ports and Special Economic Zone Ltd. 1.12%



Grand Total 100.00%

12

Past performance may or may not be sustained in the future. # NIFTY 50 INDEX, ## S&P BSE SENSEX. Assuming ₹ 10,000/- invested systematically on the first Business Day




The main investment objective of the fund is to generate returns commensurate with the performance of the

index either Nifty/Sensex based on the plans by investing in the respective index stocks subject to tracking

errors. However, there is no assurance that the investment objective of the Scheme will be realised.

99.69%

0.31%

Equity Holdings



Total Amount Invested ( )₹ 1,20,000 3,60,000 6,00,000 12,00,000 17,40,000

Market Value as on June 30, 2017 ( ) ₹ 1,30,389 4,11,618 7,94,365 19,81,374 39,40,865

Returns (CAGR) (%) 16.56 8.92 11.18 9.69 10.54



16.73

17.36

9.12

8.37

11.39

10.69

10.04 12.57

9.62 12.53



SCHEME PERFORMANCE

SIP PERFORMANCE





Equity Scheme


FUND SIZE:

AUM as on 30/06/2017: ₹ 19.91 Cr


LOAD STRUCTURE:

Entry Load: Nil

Exit Load: 1% if exit within 1 month from the date


Benchmark: Nifty 50


FUND MANAGER:

Name: Mr. Ramnath Venkateswaran;




Growth ₹ 52.6614 ₹ 53.8667

Dividend ₹ 19.4251 ₹ 19.8461

EXPENSE RATIO:



0.41 times

RISK MEASURES:


Scheme NIFTY 50* S&P BSE Sensex** S&P BSE Sensex**Scheme NIFTY 50*

1 Year 14.33% 14.88% 14.53% 11,432.53 11,491.73 11,441.00

3 Years 7.55% 7.74% 6.75% 12,442.62 12,510.46 12,152.19

5 Years 12.30% 12.50% 12.13% 17,870.28 18,032.58 17,749.00

Since Inception 12.26% 16.35% 16.76% 52,661.40 91,026.34 95,740.54

As on June 30, 2017

PeriodCAGR





As on June 30, 2017


26.84%

11.52%

11.16%

10.37%

8.36%

8.09%

4.59%

3.83%

2.75%

2.07%

2.06%

1.40%

1.24%

1.00%

0.87%

0.81%

0.75%

0.73%

0.62%

0.62%

Banks

Software


Auto

Petroleum Products

Finance

Pharmaceuticals


Power

Cement


Telecom - Services

Oil

Ferrous Metals

Minerals/Mining

Transportation



Auto Ancillaries

Gas

Equity Holdings

Auto 10.37%









Bosch Ltd. 0.62%

Banks 26.84%







Yes Bank Ltd. 1.49%


Cement 2.07%


Ambuja Cements Ltd. 0.53%

ACC Ltd. 0.37%




ITC Ltd. 7.63%





Finance 8.09%

Housing Development Finance Corporation Ltd. 7.13%

Indiabulls Housing Finance Ltd. 0.97%

Gas 0.62%

GAIL (India) Ltd. 0.62%






Vedanta Ltd. 1.29%


Oil 1.24%





Bharat Petroleum Corporation Ltd. 0.92%




Cipla Ltd. 0.79%

Lupin Ltd. 0.71%


Power 2.75%


NTPC Ltd. 1.10%


Software 11.52%

Infosys Ltd. 5.16%


HCL Technologies Ltd. 1.31%

Wipro Ltd. 0.90%



Bharti Infratel Ltd. 0.73%







Grand Total 100.00%

13

The investment objective of the scheme is to provide returns that closely correspond to the total returns of

securities as represented by NIFTY 50 Index, subject to tracking errors. However there is no assurance that

the objective of the scheme will be achieved.

99.61%

0.39%

Equity Holdings




SCHEME PERFORMANCE




Scheme Type: An Open-Ended Exchange

Traded Fund.

Date of Allotment: November 20, 2015

FUND SIZE:

AUM as on 30/06/2017: ₹ 409.73 Cr


LOAD STRUCTURE:

Entry Load: Nil Exit Load: Nil

Liquidity: The Units of the scheme will be listed

on National Stock Exchange(NSE) & Bombay

Stock Exchange Ltd.(BSE).

Benchmark: Nifty 50

Minimum Investment:

For Subscription / Redemption of units directly

with Mutual Fund : 50,000 units.

For Purchase through Stock Exchange: 1 unit

FUND MANAGER:



NAV Regular Plan

Growth ₹ 96.6682

EXPENSE RATIO: Regular: 0.10%


0.06 times

RISK MEASURES:


Scheme NIFTY 50* S&P BSE Sensex** S&P BSE Sensex**Scheme NIFTY 50*

1 Year 16.12% 14.88% 14.53% 11,611.78 11,491.73 11,441.00


NA NA NA NA NA NA5 Years

Since Inception 13.71% 12.64% 11.69% 12,304.15 12,118.42 11,953.39

As on June 30, 2017

PeriodCAGR



scheme from 20th November 2015 and total no of schemes managed by him is 14. The scheme was launched on 20th Nov'2015, hence returns are available only for 1 year.

Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or



26.60%

11.61%

11.18%

10.41%

8.36%

8.08%

4.68%

3.85%

2.82%

2.03%

2.00%

1.40%

1.24%

0.98%

0.88%

0.82%

0.75%

0.71%

0.64%

0.58%

Banks

Software


Auto

Petroleum Products

Finance

Pharmaceuticals


Power

Cement


Telecom - Services

Oil

Ferrous Metals

Minerals/Mining

Transportation



Gas

Auto Ancillaries

Equity Holdings

Auto 10.41%









Bosch Ltd. 0.58%

Banks 26.60%







Yes Bank Ltd. 1.49%


Cement 2.03%



ACC Ltd. 0.37%




ITC Ltd. 7.65%





Finance 8.08%



Gas 0.64%







Vedanta Ltd. 1.26%


Oil 1.24%









Cipla Ltd. 0.79%

Lupin Ltd. 0.71%


Power 2.82%


NTPC Ltd. 1.10%


Software 11.61%

Infosys Ltd. 5.20%



Wipro Ltd. 0.92%










Grand Total 100.00%

14


securities as represented by the S&P BSE SENSEX Index by holding S&P BSE SENSEX stocks in same

proportion, subject to tracking errors. However there is no assurance that the objective of the scheme will be

achieved.

99.48%

0.52%

Equity Holdings




SCHEME PERFORMANCE





Traded Fund.


FUND SIZE:

AUM as on 30/06/2017: ₹ 304.29 Cr


LOAD STRUCTURE:






Minimum Investment:


with Mutual Fund : 50,000 units.


FUND MANAGER:



NAV Regular Plan

Growth ₹ 315.7698



0.05 times

RISK MEASURES:



1 Year 15.85% 14.53% 14.88% 11,585.28 11,441.00 11,491.73



Since Inception 12.64% 11.16% 12.17% 12,077.33 11,826.67 11,998.24

As on June 30, 2017

PeriodCAGR



scheme from 30th November 2015 and total no of schemes managed by him is 14. The scheme was launched on 30th Nov'2015, hence returns are available only for 1 year.

Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or



27.05%

13.71%

11.77%

11.38%

8.75%

7.80%

4.98%

4.61%

2.91%

1.70%

1.44%

1.24%

1.10%

1.03%

Banks


Software

Auto

Finance

Petroleum Products

Pharmaceuticals


Power

Telecom - Services

Oil

Ferrous Metals

Transportation

Minerals/Mining

Equity Holdings

Auto 11.38%







Banks 27.05%









ITC Ltd. 9.38%





Finance 8.75%

Housing Development Fin. Co. Ltd. 8.75%



Oil 1.44%







Cipla Ltd. 0.96%

Lupin Ltd. 0.86%

Power 2.91%


NTPC Ltd. 1.34%

Software 11.77%

Infosys Ltd. 6.37%


Wipro Ltd. 1.12%




Adani Ports & Special Eco. Zone Ltd. 1.10%



Grand Total 100.00%

15


securities as represented by NIFTY 100 Index, subject to tracking errors. However there is no assurance that

the objective of the scheme will be achieved.

99.72%

0.28%

Equity Holdings




SCHEME PERFORMANCE





Traded Fund.


FUND SIZE:

AUM as on 30/06/2017: ₹ 265.42 Cr


LOAD STRUCTURE:





Benchmark: Nifty 100 Index

Minimum Investment:

For Subscription / Redemption of units

directly with Mutual Fund : 1,00,000 units.


FUND MANAGER:



NAV Regular Plan

Growth ₹ 99.6158



0.04 times

RISK MEASURES:


Scheme NIFTY 100* NIFTY 50** NIFTY 50**Scheme NIFTY 100*

1 Year 18.16% 16.86% 14.88% 11,815.93 11,684.46 11,491.73



Since Inception 23.31% 22.10% 20.15% 13,104.32 12,938.34 12,673.33

As on June 30, 2017

PeriodCAGR



scheme from 17th March, 2016 and total no of schemes managed by him is 14. The scheme was launched on 17th Mar'2016, hence returns are available only for 1 year. Past


or forecasting any returns. * Benchmark, ** Additional Benchmark. NA : Not Available.


22.85%

12.53%

10.00%

9.79%

9.09%

7.68%

5.37%

3.25%

2.55%

2.01%

1.86%1.52%

1.44%

1.16%

1.08%

1.07%

0.99%

0.94%

0.84%

0.83%

0.78%

0.72%

0.62%

0.30%

0.27%

0.20%

Banks


Software

FinanceAuto

Petroleum Products

Pharmaceuticals

Construction ProjectPower

CementNon - Ferrous Metals

Ferrous Metals

Telecom - Services

OilTransportation

Auto Ancillaries


Minerals/MiningGas


Consumer DurablesPesticides


Industrial ProductsChemicals

Construction

Equity Holdings

Auto 9.09%







Ashok Leyland Ltd. 0.32%




Bosch Ltd. 0.50%

Banks 22.85%







Yes Bank Ltd. 1.26%



Cement 2.01%



Shree Cements Ltd. 0.32%

ACC Ltd. 0.31%

Chemicals 0.27%

Pidilite Industries Ltd. 0.27%

Construction 0.20%

DLF Ltd. 0.20%




Titan Company Ltd. 0.52%

Havells India Ltd. 0.26%


ITC Ltd. 6.46%



Godrej Consumer Products Ltd. 0.58%



Marico Ltd. 0.38%

Colgate Palmolive (India) Ltd. 0.35%

United Spirits Ltd. 0.29%

GlaxoSmithKline Consumer Healthcare Ltd. 0.15%

Procter & Gamble Hygiene and Health Care Ltd. 0.15%

Emami Ltd. 0.13%

United Breweries Ltd. 0.12%

Ferrous Metals 1.52%Tata Steel Ltd. 0.87%

JSW Steel Ltd. 0.51%

Steel Authority of India Ltd. 0.14%

Finance 9.79%



Bajaj Finance Ltd. 0.68%

Bajaj Finserv Ltd. 0.61%

LIC Housing Finance Ltd. 0.53%

Shriram Transport Finance Company Ltd. 0.34%



ICICI Prudential Life Insurance Company Ltd. 0.21%

Gas 0.84%




Bharat Heavy Electricals Ltd. 0.29%

Siemens Ltd. 0.28%


ABB India Ltd. 0.15%





Sun TV Network Ltd. 0.19%



NMDC Ltd. 0.20%


Vedanta Ltd. 1.06%


Hindustan Zinc Ltd. 0.15%

Oil 1.16%


Oil India Ltd. 0.11%

Pesticides 0.72%

UPL Ltd. 0.72%





Hindustan Petroleum Corporation Ltd. 0.60%




Cipla Ltd. 0.67%

Lupin Ltd. 0.60%




Glenmark Pharmaceuticals Ltd. 0.21%

Divi's Laboratories Ltd. 0.20%

GlaxoSmithKline Pharmaceuticals Ltd. 0.13%


Power 2.55%


NTPC Ltd. 0.93%


NHPC Ltd. 0.18%

Software 10.00%Infosys Ltd. 4.40%



Wipro Ltd. 0.79%


Oracle Financial Services Software Ltd. 0.19%





Idea Cellular Ltd. 0.26%







Grand Total 100.00%

16


securities as represented by NIFTY 8-13 yr G-Sec Index, subject to tracking errors. However, there is no

assurance that the objective of the Scheme will be realised.

Company Rating % of NAV

97.39%

2.61%

Govt. Bond And Treasury Bill


97.39%

2.61%

Sovereign


97.39%

2.61%

>365 days

Cash & Equivalents



SCHEME PERFORMANCE


MATURITY PROFILE (% of NAV)

RATING PROFILE (% of NAV)


Exchange Traded Fund


FUND SIZE:

AUM as on 30/06/2017: ₹ 79.16 Cr


LOAD STRUCTURE:


Benchmark: Nifty 8-13 yr G-Sec

Minimum Investment:


with Mutual Fund : 1,00,000 units.


FUND MANAGER:

Name: Mr. Marzban Irani; Experience: 16 years


NAV Regular Plan

Growth ₹ 17.0882


RISK MEASURES :

Tracking Error: 0.39 %

PORTFOLIO METRICS:

Average Maturity 10.49 years

Modified Duration 7.16 years

YTM 6.76 %

Scheme Nifty 8-13 yr G-Sec* Crisil 10 year Gilt Index** Crisil 10 year Gilt Index**Scheme Nifty 8-13 yr G-Sec*

1 Year 11.96% 12.31% 11.69% 11,196.27 11,230.35 11,170.46



Since Inception 10.10% 10.42% 10.01% 12,743.16 12,838.33 12,719.74

As on June 30, 2017

PeriodCAGR


Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Marzban Irani is managing the above scheme from 10th August, 2016 and total no of schemes managed by him is 22. The

scheme was launched on 24th Dec'2014, hence returns are availabe are available only for 1 year. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing

or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. NA : Not Available.

GOVERNMENT BOND AND TREASURY BILL

Government Bond

6.79% GOI (MD 26/12/2029) SOV 30.95%

6.97% GOI(MD 06/09/2026) SOV 25.93%

7.59% GOI(MD 11/01/2026) SOV 18.03%

7.61% GOI (MD 09/05/2030) SOV 16.04%

6.79% GOI (MD 15/05/2027) SOV 6.44%

Government Bond Total 97.39%

GOVERNMENT BOND AND TREASURY BILL TOTAL 97.39%


Grand Total 100.00%


17

An open ended balanced scheme which seeks to provide regular returns and capital appreciation

according to the selection of plan by investing in equities and debt. However, there is no assurance that the

investment objective of the Scheme will be realised.

Past performance may or may not be sustained in the future. # Crisil Balanced Fund-Aggressive Index, ## Nifty 50 Index. 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 by using XIRR method (investment internal rate of return) for


not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. NA: Not Available.

Frequency Record Date Face Value ( )₹ NAV ( )₹ Gross Dividend ( ) / Unit₹

Regular Dividend 10.0000

10.0000

June 29, 2017

May 25, 2017

April 28, 2017

June 29, 2017

May 25, 2017

April 28, 2017

10.0000 14.6650

14.7301

15.2066

0.1000

0.1000

0.1000

Direct Dividend 10.0000

10.0000

10.0000 15.1479

15.1950

15.6699

0.1000

0.1000

0.1000

65.40%

16.96%

14.71%

2.93%

Equity Holdings

Govt. Bond & Treasury Bill


Corporate Debt

30.51%

2.93%

65.40%

1.16%<365 days

>365 days

Equity

Cash & Equivalents



NA

NA

NA

NA


Returns (CAGR) (%) 8.04 6.27 9.31 8.32



14.09

16.73

9.75

9.12

11.18

11.39

9.99

10.04



SCHEME PERFORMANCE

SIP PERFORMANCEMATURITY PROFILE (% of NAV)

DIVIDEND HISTORY




Scheme Type: An Open-Ended Balanced

Scheme

Date of Allotment: January 01, 1991

FUND SIZE:

AUM as on 30/06/2017: ₹ 164.05 Cr


LOAD STRUCTURE:

Entry Load: Nil


allotment of units.

Benchmark: Crisil Balanced Fund- Aggressive

Index


FUND MANAGER:

Name: Mr. Ramnath Venkateswaran (Equity) &

Mr. Marzban Irani (Debt)

Experience: 12 years & 16 years respectively



Growth ₹ 91.7415 ₹ 94.7867

Dividend ₹ 14.6965 ₹ 15.1808

EXPENSE RATIO:



1.15 times

RISK MEASURES:


Sharpe Ratio 0.0405

Portfolio Beta 1.1679 Scheme Crisil Balanced Fund - Aggressive Index* SchemeNifty 50** Nifty 50**Crisil Balanced Fund - Aggressive Index*

1 Year 11.17% 13.85% 14.88% 11,117.05 11,381.80 11,491.73

3 Years 7.23% 9.08% 7.74% 12,330.52 12,979.88 12,510.46

5 Years 11.09% 11.73% 12.50% 16,927.77 17,420.37 18,032.58

Since Inception 8.72% NA NA 91,741.50 NA NA

As on June 30, 2017

PeriodCAGR

Value of lumpsum investment of 10,000/- invested on ₹inception date

Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Ramnath Venkateswaran & Mr.

Marzban Irani are managing the above scheme from 10th August, 2016. Total no of schemes managed by Mr. Ramnath Venteswaran is 10 and by Mr. Marzban Irani is 22. Past


or forecasting any returns.* Benchmark, ** Additional Benchmark. NA : Not Available.

As on June 30, 2017


16.83%8.24%8.08%

4.87%3.91%

2.90%2.82%2.75%2.64%

1.83%1.81%

1.63%1.36%1.29%

1.05%0.97%0.85%

0.63%0.58%

0.36%

BanksSoftware

PharmaceuticalsPower

ChemicalsConsumer Non Durables

ConstructionAuto

Telecom - ServicesConsumer DurablesIndustrial Products

Ferrous MetalsMinerals/Mining

TransportationPesticides

FinanceMiscellaneous

CementCommercial ServicesConstruction Project

Equity Holdings

Auto 2.75%




Banks 16.83%



Bank of India 3.18%




The South Indian Bank Ltd. 0.81%

Cement 0.63%JK Lakshmi Cement Ltd. 0.63%

Chemicals 3.91%


Navin Fluorine International Ltd. 1.56%


Commercial Services 0.58%Quess Corp Ltd. 0.58%

Construction 2.82%

Ahluwalia Contracts (India) Ltd. 1.57%

Prestige Estates Projects Ltd. 1.26%

Construction Project 0.36%Ashoka Buildcon Ltd. 0.36%



Century Plyboards (India) Ltd. 0.74%



Bajaj Corp Ltd. 0.97%

Jubilant Foodworks Ltd. 0.30%


Ferrous Metals 1.63%Tata Steel Ltd. 1.63%

Finance 0.97%Power Finance Corporation Ltd. 0.97%

Industrial Products 1.81%Supreme Industries Ltd. 0.98%




Miscellaneous 0.85%

Dishman Carbogen Amcis Ltd. 0.85%

Pesticides 1.05%PI Industries Ltd. 1.05%

Pharmaceuticals 8.08%Sun Pharmaceutical Industries Ltd. 2.46%






Cipla Ltd. 0.25%

Power 4.87%NTPC Ltd. 2.49%


Software 8.24%Tech Mahindra Ltd. 3.13%



Wipro Ltd. 1.12%

Infosys Ltd. 0.84%

Telecom - Services 2.64%Bharti Airtel Ltd. 2.64%

Transportation 1.29%Container Corporation of India Ltd. 1.29%


CORPORATE DEBTNON-CONVERTIBLE DEBENTURES

Housing & Urban Development Corporation Ltd. 3.08%



Indian Railway Finance Corp Ltd 3.05%



NON-CONVERTIBLE DEBENTURES Total 14.71%

CORPORATE DEBT Total 14.71%GOVERNMENT BOND AND TREASURY BILL

Government Bond

6.79% GOI (MD 15/05/2027) 12.44%

7.61% GOI (MD 09/05/2030) 1.93%

7.59% GOI (MD 11/01/2026) 1.34%

7.72% GOI (MD 25/05/2025) 1.25%


GOVERNMENT BOND AND TREASURY BILL Total 16.96%

Cash & Other Receivables 2.93%Grand Total 100.00%

18

An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s

80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover.

Past performance may or may not be sustained in the future. # Crisil Balanced Fund-Aggressive Index, ## Nifty 50 Index. Assuming ₹ 10,000/- invested systematically on the

15th Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for

Regular Plan - Dividend re-investment Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purpose

only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns.

NA: Not Available.

74.33%

15.33%

2.21%

8.12%

<365 days

>365 days

Equity

Cash & Equivalents



NA

NA

NA

NA


Returns (CAGR) (%) 16.60 8.46 10.50 8.23



15.33

18.63

10.17

9.75

11.24

11.46

10.05

10.14



SCHEME PERFORMANCE

SIP PERFORMANCE

ASSET ALLOCATION (% of NAV) MATURITY PROFILE (% of NAV)



Scheme Type: An Open-Ended Insurance Linked

Tax Saving Scheme

Date of Allotment: June 19, 1989

FUND SIZE:

AUM as on 30/06/2017: ₹ 229.55 Cr


LOAD STRUCTURE:


Liquidity: Repurchase after lock-in period of 3 years from the date of Investment.

Benchmark: Crisil Balanced Fund- Aggressive

Index

Minimum Investment:

₹ 10,000/- under Single Premium Option,

₹ 10,000/-under Regular Premium - Yearly Option,

₹ 3,000/-under Regular Premium-Quarterly Option

₹ 1,000/-under Regular Premium - Monthly Option

FUND MANAGER:

Name: Mr. Sachin Relekar (Equity) &

Mr. Marzban Irani (Debt)




Dividend ₹ 16.1776 ₹ 16.6282

EXPENSE RATIO:



0.37 times

RISK MEASURES:


Sharpe Ratio 0.0901


74.33%

15.33%

10.33%

Equity Holdings

Corporate Debt


Scheme Crisil Balanced Fund - Aggressive Index* SchemeNifty 50** Nifty 50**Crisil Balanced Fund - Aggressive Index*

1 Year 13.51% 13.85% 14.88% 11,351.06 11,381.80 11,491.73

3 Years 9.23% 9.08% 7.74% 13,034.15 12,979.88 12,510.46

5 Years 11.19% 11.73% 12.50% 17,003.71 17,420.37 18,032.58


As on June 30, 2017

PeriodCAGR


Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Dividend Re-investment option. Mr. Sachin Relekar &

Marzban Irani are managing the above scheme from 10th August, 2016. Total no of schemes managed by Mr. Sachin Relekar is 14 and by Mr. Marzban Irani is 22. Past


or forecasting any returns.

As on June 30, 2017


24.17%

7.88%

5.82%

5.63%

5.13%

3.40%

2.75%

2.54%

2.32%

2.27%

1.92%

1.51%

1.48%

1.43%

1.42%

1.12%

1.10%

1.00%

0.71%

0.48%

0.25%

Banks

Auto

Pharmaceuticals

Chemicals


Cement

Auto Ancillaries

Transportation

Software

Industrial Products

Petroleum Products


Gas

Construction




Consumer Durables

Pesticides

Finance


Equity Holdings

Auto 7.88%







Banks 24.17%







Cement 3.40%



Chemicals 5.63%



GHCL Ltd. 0.80%

Construction 1.43%



Ashoka Buildcon Ltd. 0.25%






Finance 0.48%

Motilal Oswal Financial Services Ltd. 0.48%

Gas 1.48%










Pesticides 0.71%

UPL Ltd. 0.71%









Software 2.32%

Infosys Ltd. 2.32%








CORPORATE DEBT

NON-CONVERTIBLE DEBENTURES



Tata Capital Financial Services Ltd 2.21%

Blue Dart Express Ltd. 0.01%


CORPORATE DEBT Total 10.33%


Grand Total 100.00%

19

The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors

through investments in sovereign securities issued by the Central and/or State Government and/or any

security unconditionally guaranteed by the Central / State government for repayment of Principal and

Interest and/or reverse repos in such securities as and when permitted by RBI. However, there is no

assurance that the investment objective of the Scheme will be realised.



Quarterly 10.0000 0.1500

10.0000 0.1500

June 29, 2017

March 21, 2017

June 29, 2017

March 21, 2017

January 3, 2017

10.0000 10.9665

10.7110

11.0378

0.1500

Quarterly (Direct) 10.0000 0.1500

10.0000 0.1500

January 3, 2017

10.0000 11.4119

11.1213

11.4290

0.1500

Quarterly (PF) December 27, 2012 10.0000 11.1882 0.2500

March 28, 2013 10.0000 10.1606 1.0000

June 26, 2013 10.0000 10.0868 0.3000

93.18%

6.82%

Govt. Bond and Treasury Bill


93.18%

6.82%

>365 days

Cash & Equivalents

93.18%

6.82%

Sovereign




SCHEME PERFORMANCE

DIVIDEND HISTORY




Scheme Type: An Open-Ended Gilt Scheme


FUND SIZE:

AUM as on 30/06/2017: ₹ 110.33 Cr


LOAD STRUCTURE:

Entry Load: Nil

Exit Load: 0.25% if exit within 30 days from date of

allotment of units

Benchmark: I-Sec Composite Gilt Index


FUND MANAGER:



NAV PF Regular Plan Direct Plan

Growth ₹ 21.3548 ₹ 36.9740 ₹ 38.3083

Dividend ₹ 13.8186 ₹ 10.9614 ₹ 11.4068

EXPENSE RATIO:


PORTFOLIO METRIC:



YTM 6.83 %

Scheme I-Sec Composite Index*

Crisil 10 yr Gilt Index**

Crisil 10 yr Gilt Index**

Scheme I-Sec Composite Index*

1 Year 11.62% 11.69% 11,162.01 11,170.46

3 Years 10.69% 11.15% 13,565.54 13,737.57

5 Years 8.18% 8.46% 14,821.03 15,017.89

Since Inception 7.73% NA

9.88%

11.17%

11.04%

NA 36,974.00 NA

16,024.02

13,747.93

11,106.21

NA

As on June 30, 2017

PeriodCAGR


Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Marzban Irani is managing the above

scheme from 10th August, 2016 and total no of schemes managed by him is 22. Past performance may or may not be sustained in the future. Load is not taken into consideration

for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. NA : Not Available.


Government Bond

6.79% GOI (MD 15/05/2027) SOV 36.98%

7.61% GOI (MD 09/05/2030) SOV 14.38%

7.73% GOI (MD 19/12/2034) SOV 9.69%


State Government Bond

7.52% Gujarat SDL (MD 24/05/2027)

7.51% Maharashtra SDL (MD 24/05/2027)

SOV

SOV

9.18%

22.95%

State Government Bond Total 32.13%



Grand Total 100.00%


20

The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of

quality debt securities and money market instruments. It also seeks to generate capital appreciation by

investing some percentage in a mix of equity instruments. However, there is no assurance that the

investment objective of the Schemes will be realised.

The Dhanvarsha - 12 Scheme has been converted into an open-ended monthly income plan w.e.f. 1/6/03.


Yearly March 25, 2014 10.0000 11.6224 0.7500

March 24, 2015 10.0000 11.1727 0.9000

April 28, 2017 10.0000 11.3750 0.6000

Yearly Direct March 25, 2014 10.0000 11.6946 0.7500

March 24, 2015 10.0000 11.3145 0.9000

April 28, 2017 10.0000 11.7005 0.6000

Monthly 10.0000 0.0500

10.0000 0.0500

June 30, 2017

May 26, 2017

April 28, 2017

10.0000 10.5837

10.5703

10.5915

0.0500

Monthly Direct 10.0000 0.0500

10.0000 0.0500

June 30, 2017

May 26, 2017

April 28, 2017

10.0000 10.6461

10.6251

10.6403

0.0500

Quarterly 10.0000

10.0000

0.1500

June 29, 2017

March 21, 2017

January 3, 2017

10.0000 10.7235

10.6479

10.7797

0.1500

0.1500

Quarterly Direct 10.0000

10.0000

0.1500

June 29, 2017

March 21, 2017

January 3, 2017

10.0000 11.1243

11.0194

11.1330

0.1500

0.1500

62.05%

17.37%

16.16%

4.41%

Corporate Debt


Equity Holdings


68.56%

17.37%

9.65%

4.41%

<365 days

>365 days

Equity

Cash & Equivalents



SCHEME PERFORMANCE



DIVIDEND HISTORY



Scheme Type: An Open-Ended Income Scheme


FUND SIZE:

AUM as on 30/06/2017: ₹ 112.21 Cr


LOAD STRUCTURE:

Entry Load: Nil


allotment of units

Benchmark: Crisil MIP Blended Index


FUND MANAGER:

Name: Mr. Marzban Irani (Debt)

& Mr. Ramnath Venkateswaran (Equity);




Growth ₹ 50.1670 ₹ 51.7331

Monthly Dividend ₹ 10.5837 ₹ 10.6461

Quarterly Dividend ₹ 10.7244 ₹ 11.1254

Yearly Dividend ₹ 11.4744 ₹ 11.8172

EXPENSE RATIO:


PORTFOLIO METRIC:



YTM 5.94 %

Scheme CRISIL MP Blended Index*

CRISIL 10 year Gilt Index**

CRISIL 10 year Gilt Index**Scheme

CRISIL MP Blended Index*

1 Year 8.01% 12.07% 11.69% 10,800.55 11,208.63 11,170.46

3 Years 7.68% 10.56% 11.15% 12,486.47 13,518.50 13,737.57

5 Years 8.36% 10.15% 8.46% 14,943.14 16,226.50 15,017.89


As on June 30, 2017

Period

CAGR Value of lumpsum investment of 10,000/- ₹invested on inception date





54.15%

17.37%

16.16%

4.41%

2.73%

5.17%

AAA/A1+ and Equivalent

Sovereign

Equity

AA/AA-

A+/A/A-/A1



Equity HoldingsAuto 2.00%Tata Motors Ltd. 0.96%Tata Motors Ltd. DVR Shares 0.55%Mahindra & Mahindra Ltd. 0.48%Banks 3.44%State Bank of India 1.29%Axis Bank Ltd. 0.50%ICICI Bank Ltd. 0.49%The South Indian Bank Ltd. 0.33%Punjab National Bank 0.29%Bank of India 0.27%City Union Bank Ltd. 0.27%Cement 0.28%JK Lakshmi Cement Ltd. 0.28%Chemicals 1.97%Tata Chemicals Ltd. 1.08%Vinati Organics Ltd. 0.74%Navin Fluorine International Ltd. 0.14%Construction 0.86%Ahluwalia Contracts (India) Ltd. 0.86%Construction Project 0.28%Ashoka Buildcon Ltd. 0.28%Consumer Durables 0.49%Bajaj Electricals Ltd. 0.25%Century Plyboards (India) Ltd. 0.24%Consumer Non Durables 0.46%Bajaj Corp Ltd. 0.46%Gas 0.00%GAIL (India) Ltd. 0.00%Minerals/Mining 0.27%Coal India Ltd. 0.27%Pharmaceuticals 1.71%IPCA Laboratories Ltd. 0.61%Sanofi India Ltd. 0.48%Sun Pharmaceutical Industries Ltd. 0.33%Suven Life Sciences Ltd. 0.17%Dr. Reddy's Laboratories Ltd. 0.10%Cipla Ltd. 0.02%Power 1.26%NTPC Ltd. 1.01%Tata Power Company Ltd. 0.25%

Software 3.51%KPIT Technologies Ltd. 1.21%Persistent Systems Ltd. 1.11%Tech Mahindra Ltd. 0.56%Larsen & Toubro Infotech Ltd. 0.33%Infosys Ltd. 0.29%Telecom - Services 0.84%Bharti Airtel Ltd. 0.84%Equity Holdings Total 17.37%CORPORATE DEBTNON-CONVERTIBLE DEBENTURESHousing & Urban Development Corporation Ltd. 8.99%Rural Electrification Corporation Ltd. 8.97%Housing Development Finance Corporation Ltd. 8.97%Indian Railway Finance Corp Ltd 8.92%State Bank of Patiala 4.67%State Bank of India 4.61%Indiabulls Housing Finance Ltd. 4.49%Power Finance Corporation Ltd. 4.47%SREI Equipment Finance Ltd 2.73%NTPC Ltd. 0.06%NON-CONVERTIBLE DEBENTURES Total 56.88%Zero Coupon BondSheba Properties Ltd. 5.17%Zero Coupon Bond Total 5.17%CORPORATE DEBT Total 62.05%

GOVERNMENT BOND AND TREASURY BILLGovernment Bond6.79% GOI (MD 15/05/2027) 7.73%7.61% GOI(MD 09/05/2030) 2.36%8.30% GOI (MD 02/07/2040) 0.60%6.79% GOI (MD 26/12/2029) 0.45%7.59% GOI(MD 11/01/2026) 0.25%6.97% GOI (MD 06/09/2026) 0.11%8.15% GOI (MD 24/11/2026) 0.08%Government Bond Total 11.57%State Government Bond7.83% Gujarat SDL(MD 13/07/2026) 4.59%State Government Bond Total 4.59%GOVERNMENT BOND AND TREASURY BILL Total 16.16%Cash & Other Receivables 4.41%Grand Total 100.00%

21

LIC MF Bond Fund is an open-ended debt scheme, which will endeavor to generate an attractive return for

its investors by investing in a portfolio of quality debt securities and money market instruments. However,



Regular 10.0000 0.2000

10.0000 0.2000

June 29, 2017

March 21, 2017

January 3, 2017

10.0000 10.5505

10.4032

10.7909

0.2000

Direct June 29, 2016 10.0000 10.5374 0.2000

September 28, 2016 10.0000 10.9559 0.2000

January 3, 2017 10.0000 11.0619 0.2000


57.01%

34.19%

8.80%

Corporate Debt



91.20%

8.80%

>365 days

Cash & Equivalents

57.01%

34.19%

8.80%

AAA / A1+ and Equivalent

Sovereign




SCHEME PERFORMANCE

DIVIDEND HISTORY




Scheme Type: An Open-Ended Debt Scheme

Date of Allotment: June 23,1999

FUND SIZE:

AUM as on 30/06/2017: ₹ 522.41 Cr


LOAD STRUCTURE:

Entry Load: Nil


allotment of units

Benchmark: Crisil Composite Bond Fund Index


FUND MANAGER:

Name: Mr. Marzban Irani Experience: 16 years



Growth ₹ 45.5410 ₹ 46.6029

Dividend ₹ 10.5480 ₹ 11.2576

EXPENSE RATIO:


PORTFOLIO METRIC:



YTM 7.17 %

SchemeCRISIL Composite Bond Fund Index*

CRISIL 10 year Gilt Index**

CRISIL 10 year Gilt Index**Scheme

CRISIL Composite Bond Fund Index*

1 Year 10.12% 11.47% 11.69% 11,012.09 11,147.27 11,170.46

3 Years 8.96% 10.91% 11.15% 12,938.65 13,646.35 13,737.57

5 Years 8.20% 9.58% 8.46% 14,832.84 15,803.32 15,017.89


As on June 30, 2017

PeriodCAGR

Value of lumpsum investment of 10,000/- invested ₹on inception date


scheme from 10th August, 2016 and total no of schemes managed by him is 22. Past performance may or may not be sustained in the future. Load is not taken into consideration



CORPORATE DEBT


Reliance Jio Infocomm Ltd. CRISIL AAA 5.13%

L & T Infra Debt Fund Ltd CRISIL AAA 4.91%

India Infradebt Ltd CRISIL AAA 4.88%

Indian Railway Finance Corp Ltd CRISIL AAA 4.81%

Reliance Ports and Terminals Ltd CRISIL AAA 4.80%

National Highways Auth Of Ind CRISIL AAA 4.78%

State Bank of India CRISIL AAA 1.98%

Power Finance Corporation Ltd. CRISIL AAA 1.90%

State Bank of Patiala [ICRA]AAA 1.00%




Government Bond

6.97% GOI (MD 06/09/2026) SOV 9.76%

6.79% GOI (MD 15/05/2027) SOV 7.71%

7.68% GOI (MD 15/12/2023) SOV 6.02%

7.73% GOI (MD 19/12/2034) SOV 3.07%

7.59% GOI(MD 11/01/2026) SOV 3.01%

7.72% GOI (MD 25/05/2025) SOV 2.01%

7.61% GOI(MD 09/05/2030) SOV 0.51%

6.79% GOI (MD 26/12/2029) SOV 0.00%

8.40% GOI (MD 28/07/2024) SOV 0.00%


State Government Bond

8.27% Gujarat SDL (MD 13/01/2026) SOV 5.05%

8.21% Maharastra SDL (MD 09/12/2025) SOV 5.03%

7.51% Maharashtra SDL (MD 24/05/2027) SOV 4.85%

7.52% Gujarat SDL (MD 24/05/2027) SOV 2.91%

7.83% Gujarat SDL(MD 13/07/2026) SOV 1.97%

8.36% Maharashtra SDL (MD 27/01/2026) SOV 1.02%

8.23% Gujarat SDL (09/09/2025) SOV 1.01%

8.08% Maharastra SDL(MD 15/06/2026) SOV 1.00%

7.96% Maharastra SDL(MD 29/06/2026) SOV 0.99%

7.84% Maharashtra SDL(MD 13/07/2026) SOV 0.99%

7.98% Gujarat SDL(MD 11/05/2026) SOV 0.11%

State Government Bond Total 24.92%



Grand Total 100.00%

22

An open ended scheme which seeks to generate long term capital growth through a judicious mix of

investment in quality debt securities and equities with relatively low risk levels through research based

investments.

68.68%

15.52%

15.79%

Equity

>365 days

Cash & Equivalents

68.68%

10.70%

4.82%

15.79%

Equity

Sovereign

AAA / A1+ and Equivalent




SCHEME PERFORMANCE

MATURITY PROFILE (% of NAV) RATING PROFILE (% of NAV)

68.68%

10.70%

4.82%

15.79%

Equity Holdings

Govt Bond and Treasury Bill

Corporate Debt





Scheme Type: An Open-Ended Scheme for

Children


FUND SIZE:

AUM as on 30/06/2017: ₹ 19.06 Cr


LOAD STRUCTURE:

Entry Load: Nil


allotment of units

Benchmark: Crisil Balanced Fund-Aggressive

Index


FUND MANAGER:

Name: Mr. Ramnath Venkateswaran (Equity)

& Mr. Marzban Irani (Debt)




Growth ₹ 17.0239 ₹ 17.7473

EXPENSE RATIO:


PORTFOLIO METRIC:



RISK MEASURES (Equity portion):

Standard Deviation 2.8738Sharpe Ratio 0.1331Portfolio Beta 0.9042

SchemeCRISIL Balanced Fund Aggressive Index*

SchemeNifty 50** Nifty 50**CRISIL Balanced Fund Aggressive Index*

1 Year 9.47% 13.85% 14.88% 10,946.86 11,381.80 11,491.73

3 Years 10.63% 9.08% 7.74% 13,542.63 12,979.88 12,510.46

5 Years 12.20% 11.73% 12.50% 17,791.61 17,420.37 18,032.58


As on June 30, 2017

PeriodCAGR Value of lumpsum investment of 10,000/- ₹

invested on inception date






16.66%

12.39%

8.90%

5.88%

5.25%

4.39%

4.22%

2.33%

1.75%

1.69%

1.43%

1.41%

1.25%

1.15%

Banks

Software


Industrial Products

Pharmaceuticals

Telecom - Services

Consumer Durables

Miscellaneous

Transportation

Textile Products

Finance

Chemicals

Power

Auto

Equity Holdings

Auto 1.15%


Banks 16.66%





Bank of India 2.27%


Chemicals 1.41%



Century Plyboards (India) Ltd. 4.22%


ITC Ltd. 2.84%



Bajaj Corp Ltd. 1.00%

Jubilant Foodworks Ltd. 0.92%

Finance 1.43%





Miscellaneous 2.33%

Dishman Carbogen Amcis Ltd. 2.33%


Cipla Ltd. 1.78%



Hester Biosciences Ltd. 0.64%

Power 1.25%

NTPC Ltd. 1.25%

Software 12.39%




Wipro Ltd. 2.00%

Infosys Ltd. 1.83%



Idea Cellular Ltd. 1.55%


SRF Ltd. 1.69%




CORPORATE DEBT



NON-CONVERTIBLE DEBENTURES TOTAL 4.82%

CORPORATE DEBT TOTAL 4.82%

GOVT. BOND & TREASURY BILL

Government Bond

6.79% GOI (MD 15/05/2027) 10.70%


GOVT. BOND & TREASURY BILL TOTAL 10.70%


Grand Total 100.00%

23

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term

debt securities. However, there is no assurance that the investment objective of the Scheme will be realised.

Company Rating % of NAV Company Rating % of NAV


Daily *

June,2017

May,2017

April,2017

0.0711

0.0535

0.0455

Daily Direct *

June,2017

May,2017

April,2017

0.1298

0.0697

0.0387

Weekly *

June,2017

May,2017

April,2017

0.0728

0.0522

0.0574

Weekly Direct *

June,2017

May,2017

April,2017

0.0778

0.0567

0.0626

Monthly 10.0000

10.0000

June 30, 2017

May 26, 2017

April 28, 2017

10.0000 10.1072

10.1003

10.1000

0.0872

0.0380

0.0637

Monthly Direct 10.0000 10.0500May 27, 2014

10.0000 10.0500

0.0865

May 26, 2017

June 24, 2014

10.0000 10.1062 0.0406

0.0643

* Dividend under Daily and Weekly Plan are cumulative dividend declared during the month.

55.78%

38.97%

2.99%

2.27%

Money Market Instruments

Corporate Debt



82.60%

15.14%

2.27%

<61 Days

>92 Days

Cash & Equivalents

55.78%

38.86%

3.06%

2.27%

0.03%

AAA/ A1+ and Equivalent

Sovereign

AA/AA-

AA+




SCHEME PERFORMANCE

DIVIDEND HISTORY





Date of Allotment: May 31, 2007

FUND SIZE:

AUM as on 30/06/2017: ₹ 330.06 Cr


LOAD STRUCTURE:


Benchmark: Crisil Liquid Fund Index


FUND MANAGER:




Growth ₹ 20.8766 ₹ 21.5441

Daily Dividend ₹ 10.1000 ₹ 10.2261

Weekly Dividend ₹ 10.1013 ₹ 10.1018


EXPENSE RATIO:


PORTFOLIO METRIC:



YTM 6.77 %

Scheme CRISIL Liquid Fund Index*

CRISIL 1 year T-Bill Index**

CRISIL 1 year T-Bill Index**


1 Year 7.66% 6.86% 6.53% 10,766.02 10,686.74 10,653.63

3 Years 7.12% 7.83% 7.57% 12,294.23 12,540.20 12,450.17

5 Years 7.45% 8.25% 7.36% 14,330.74 14,871.35 14,266.02

Since Inception 7.56% 7.53% 6.43% 20,876.60 20,816.04 18,757.39

As on June 30, 2017

PeriodCAGR



scheme from 10th August, 2016 and total no of schemes managed by him is 22. Past performance may or may not be sustained in the future. Load is not taken into



CORPORATE DEBT

Floating Rate Note

Cholamandalam Investment & Finance Com Ltd [ICRA]AA 3.06%

Floating Rate Note Total 3.06%


Rural Electrification Corporation Ltd. CRISIL AAA 7.87%

Indiabulls Housing Finance Ltd. BWR AAA 7.71%

Dewan Housing Finance Corporation Ltd. BWR AAA 7.67%

Reliance Jio Infocomm Ltd. CRISIL AAA 7.67%

State Bank of India CRISIL AAA 3.13%

Bajaj Finance Ltd. CRISIL AAA 1.58%


Tata Capital Housing Finance Ltd CRISIL AA+ 0.03%

NON-CONVERTIBLE DEBENTURES TOTAL 35.90%



Certificate of Deposit

Axis Bank Ltd CRISIL A1+ 2.99%

Certificate of Deposit Total 2.99%

Money Market Instruments Total 2.99%


Treasury Bill

91 Days Tbill (MD 06/07/2017) SOV 15.14%

91 Days Tbill (MD 07/09/2017) SOV 14.97%

80 Days CMB (MD 18/09/2017) SOV 14.95%

91 Days Tbill (MD 31/08/2017) SOV 7.50%

91 Days Tbill (MD 21/09/2017) SOV 3.23%

Treasury Bill Total 55.78%



Grand Total 100.00%

24

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term

debt securities. However, there is no assurance that the investment objective of the Scheme will be realised.



Daily *

May,2017

June,2017

April,2017

0.0552

0.0599

0.0513

Daily Direct *

June,2017

May,2017

April,2017

0.0611

0.0640

0.0565

Weekly *

June,2017

May,2017

April,2017

0.0540

0.0632

0.0573

Weekly Direct *

June,2017

May,2017

April,2017

0.0585

0.0730

0.0607

Monthly 10.0000

10.0000

June 30, 2017

May 26, 2017

April 28, 2017

10.0000 10.1603

10.1818

10.1559

0.0852

0.0260

0.0760

Monthly Direct July 24, 2013 10.0000 10.0500 0.0025

August 27, 2013 10.0000 10.1434 0.0913

September 1, 2013 10.0000 10.0631 0.1319


70.80%

21.80%

10.57%

0.32%

-3.49%


Corporate Debt

Govt Bond & Treasury Bill

Mutual Funds/ETF


96.22%

6.96%

0.32%

-3.49%

<61 Days

>92 Days

Mutual Fund Units

Cash & Equivalents



SCHEME PERFORMANCE



DIVIDEND HISTORY

78.90%

10.57%

10.45%

3.26%

0.32%

-3.49%

AAA/A1+ and Equivalent

AA/AA-

AA+

Sovereign

Unrated





FUND SIZE:

AUM as on 30/06/2017: ₹ 2742.82 Cr


LOAD STRUCTURE:




FUND MANAGER:

Name: Mr. Rahul Singh; Experience: 10 years



Growth ₹ 25.3258 ₹ 26.2183

Daily Dividend ₹ 10.1611 ₹ 10.1000

Weekly Dividend ₹ 10.1025 ₹ 10.5681


EXPENSE RATIO:


PORTFOLIO METRIC:

Average Maturity 357 days

Modified Duration 292 days

YTM 7.13 %


CRISIL Liquid Fund Index*

CRISIL 1 Year T-Bill Index**


Scheme

1 Year 7.70% 6.86% 6.53% 10,769.87 10,686.74 10,653.63

3 Years 7.94% 7.83% 7.57% 12,578.82 12,540.20 12,450.17

5 Years 8.04% 8.25% 7.36% 14,729.54 14,871.35 14,266.02

Since Inception 6.83% 6.87% 9.17% 25,325.80 25,485.16 34,348.68

As on June 30, 2017

PeriodCAGR


Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Rahul Singh is managing the above

scheme from 7th September, 2015 and total no of schemes managed by him is 2. Past performance may or may not be sustained in the future. Load is not taken into



CORPORATE DEBT

Floating Rate Note

Cholamandalam Investment & Finance Co Ltd [ICRA]AA 1.48%

Floating Rate Note Total 1.48%


Dewan Housing Finance Corporation Ltd. BWR AAA 3.69%

Aspire Home Finance Corporation Ltd [ICRA]AA- 1.87%

Adani Transmission Ltd. IND AA+ 1.85%

Cholamandalam Investment and Finance Company Ltd. [ICRA]AA 1.83%

Syndicate Bank CARE AA- 1.51%



Dewan Housing Finance Corporation Ltd. CARE AAA 0.97%

Vedanta Ltd. CRISIL AA 0.92%

Capital First Ltd. CARE AA+ 0.55%

Piramal Enterprises Ltd. [ICRA]AA 0.55%

Sundaram BNP Paribas Home Finance Ltd CARE AA+ 0.38%

Sundaram Finance Ltd. [ICRA]AA+ 0.19%

Bajaj Finance Ltd. [ICRA]AAA 0.19%

L & T Housing Finance [ICRA]AA+ 0.19%

Indiabulls Housing Finance Ltd. CARE AAA 0.18%

PNB Housing Finance Ltd. CRISIL AA+ 0.10%


Zero Coupon Bond

Edelweiss Financial Services Ltd. CARE AA 1.23%

Sheba Properties Ltd. CRISIL AA 1.06%


Zero Coupon Bond Total 2.76%




HDFC Bank Ltd. IND A1+ 7.92%

IndusInd Bank Ltd. CRISIL A1+ 2.68%

Axis Bank Ltd. CRISIL A1+ 1.78%


Commercial Paper

Shapoorji Pallonji and Company Private Ltd [ICRA]A1+ 10.40%

Indian Railway Finance Corp Ltd CRISIL A1+ 7.19%

Tata Motors Ltd. CRISIL A1+ 7.15%

Adani Enterprises Ltd. BWR A1+ 6.44%

Deepak Fertilizers and Petrochemicals Corporation Ltd. [ICRA]A1+ 3.60%

JK Tyre & Industries Ltd. CARE A1+ 3.60%

Edelweiss Commodities Services Ltd [ICRA]A1+ 3.60%

L&T Finance Ltd [ICRA]A1+ 3.59%

Power Finance Corporation Ltd. CRISIL A1+ 3.56%

Afcons Infrastructure Ltd [ICRA]A1+ 2.70%

NK Toll Road Ltd. IND A1+ 1.81%

National Bank For Agriculture and Rural Development CRISIL A1+ 1.80%

Export Import Bank of India CRISIL A1+ 1.74%

Housing Development Finance Corporation Ltd. CARE A1+ 0.89%

Surya Roshni Ltd. [ICRA]A1+ 0.36%

Commercial Paper Total 58.42%


MUTUAL FUNDS/EXCHANGE TRADED FUNDS

Mutual Fund Units

LIC MF Fixed Maturity Plan Series 89-Dir Pl-Gro 0.32%

Mutual Fund Units Total 0.32%

MUTUAL FUNDS/EXCHANGE TRADED FUNDS TOTAL 0.32%


Government Bond

6.79% GOI (MD 26/12/2029) SOV 3.10%


Treasury Bill

91 Days Tbill (MD 14/09/2017) SOV 4.14%

77 Days CMB (MD 16/08/2017) SOV 1.81%

91 Days Tbill (MD 24/08/2017) SOV 1.52%



Cash & Other Receivables -3.49%

Grand Total 100.00%

25

An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through

a judicious mix of investment in money market instruments and quality debt instruments. However, there is

no assurance that the investment objective of the Scheme will be realised.


Daily *

June,2017

May,2017

April,2017

5.8167

6.3490

5.3800

Daily Direct *

June,2017

May,2017

April,2017

5.9430

6.4880

5.4989



58.08%

37.07%

4.85%

<61 Days

>92 Days

Cash & Equivalents

86.05%

7.33%

6.63%

AAA/ A1+ and Equivalent

Sovereign




SCHEME PERFORMANCE

DIVIDEND HISTORY



86.05%

7.33%

4.85%

1.78%


Govt Bond and Treasury Bill


Fixed Deposits


Scheme Type: An Open-Ended Liquid Scheme


FUND SIZE:

AUM as on 30/06/2017: ₹ 11230.84 Cr


LOAD STRUCTURE:




FUND MANAGER:

Name: Mr. Rahul Singh; Experience: 10 years



Growth ₹ 2985.7658 ₹ 2997.5938

Dividend ₹ 1098.0000 ₹ 1098.0000

EXPENSE RATIO:


PORTFOLIO METRIC:

Average Maturity 50 days

Modified Duration 51 days

YTM 6.57%

SchemeCRISIL Liquid Fund Index*

CRISIL Liquid Fund Index*



Scheme

1 Year 6.84% 6.86% 6.53% 10,683.07 10,686.74 10,653.63

3 Years 7.90% 7.83% 7.57% 12,564.10 12,540.20 12,450.17

5 Years 8.36% 8.25% 7.36% 14,946.74 14,871.35 14,266.02


PeriodCAGR


As on June 30, 2017

Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Rahul Singh is managing the above

scheme from 5th October, 2015 and total no of schemes managed by him is 2. Past performance may or may not be sustained in the future. Load is not taken into consideration





HDFC Bank Ltd. CARE A1+ 3.58%

HDFC Bank Ltd. IND A1+ 2.86%

RBL Bank Ltd. [ICRA]A1+ 2.66%

Axis Bank Ltd. CRISIL A1+ 2.21%

Kotak Mahindra Bank Ltd. CRISIL A1+ 0.89%


Commercial Paper

Adani Enterprises Ltd. BWR A1+ 5.73%

JK Tyre & Industries Ltd. CARE A1+ 5.50%

National Bank For Agri & Rural Development CRISIL A1+ 5.31%

Small Industries Dev Bank of India CRISIL A1+ 4.43%

Piramal Enterprises Ltd. [ICRA]A1+ 4.42%

Aditya Birla Finance Ltd. [ICRA]A1+ 3.52%

Indiabulls Housing Finance Ltd. CRISIL A1+ 3.51%

PNB Housing Finance Ltd. CRISIL A1+ 3.32%

Nabha Power Ltd [ICRA]A1+ 2.65%

Network18 Media & Investments Ltd. [ICRA]A1+ 2.64%

Cox & Kings Ltd. CARE A1+ 2.64%

Chambal Fertilizers & Chemicals Ltd. CRISIL A1+ 2.63%

Edelweiss Commodities Services Ltd CARE A1+ 2.61%

Deepak Fertilizers and Petrochemicals Co. Ltd. [ICRA]A1+ 2.42%

PTC India Financial Services Ltd. CRISIL A1+ 2.00%

Housing Development Finance Co. Ltd. CARE A1+ 1.77%

Dewan Housing Finance Co. Ltd. CRISIL A1+ 1.77%

Power Finance Co. Ltd. CRISIL A1+ 1.76%

Shapoorji Pallonji and Company Private Ltd [ICRA]A1+ 1.64%

L&T Finance Ltd [ICRA]A1+ 1.54%

Dalmia Cement (Bharat) Ltd [ICRA]A1+ 1.01%

Aditya Birla Fashion and Retail Ltd. [ICRA]A1+ 0.88%

Century Textiles & Industries Ltd. CRISIL A1+ 0.88%

Chennai Petroleum Co. Ltd. CRISIL A1+ 0.88%

Birla TMT Holdings Pvt Ltd CARE A1+ 0.88%

Reliance Jio Infocomm Ltd. CARE A1+ 0.88%

JK Lakshmi Cement Ltd. CARE A1+ 0.88%

CESC Ltd. CARE A1+ 0.88%

Mahindra Rural Housing Finance IND A1+ 0.70%

Trapti Trading & Invest Pvt Ltd CRISIL A1+ 0.66%

Turquoise Invest & Finance Pvt Ltd CRISIL A1+ 0.66%

Raymond Ltd. CRISIL A1+ 0.66%

Dalmia Bharat Sugar and Industries Ltd. [ICRA]A1+ 0.44%

ONGC Mangalore Petrochemicals Ltd [ICRA]A1+ 0.44%

Deepak Fertilizers & Petrochemicals Co. Ltd. CARE A1+ 0.44%

Godrej Agrovet Ltd [ICRA]A1+ 0.22%

TGS Investment & Trade Pvt Ltd [ICRA]A1+ 0.22%

Indian Railway Finance Corp Ltd CRISIL A1+ 0.22%

Surya Roshni Ltd. [ICRA]A1+ 0.18%

Commercial Paper Total 73.85%


Fixed Deposit

Lakshmi Vilas Bank Ltd 1.78%

Fixed Deposit Total 1.78%

FIXED DEPOSITS Total 1.78%


Treasury Bill

91 Days Tbill (MD 28/09/2017) SOV 2.28%

77 Days CMB (MD 16/08/2017) SOV 1.39%

91 Days Tbill (MD 21/09/2017) SOV 1.31%

63 Days CMB (MD 08/08/2017) SOV 1.19%

91 Days Tbill (MD 03/08/2017) SOV 0.89%

91 Days Tbill (MD 10/08/2017) SOV 0.13%

91 Days Tbill (MD 17/08/2017) SOV 0.13%




Grand Total 100.00%

Comparative Performance Of Open Ended Schemes (as on 30th June, 2017)

26

Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. NA : Not Available. # Benchmark. ## Additional

Benchmark. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Since respective schemes have not completed relevant period (1yr, 3yr or 5yr) after allotment or units were not

available throughout the respective period, no returns are available. FMPs performance are not included in the above table.

1 Year 3 Years 5 Years

LIC MF Equity Fund 7.50% 5.32% 11.26%

S&P BSE Sensex # 14.53% 6.75% 12.13%

NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Banking & Financial Services Fund 26.45% NA NA

S&P BSE Bankex Index # 29.99% NA NA

NIFTY 50 ## 14.88% NA NA

LIC MF Index Fund - Sensex Plan 13.87% 6.37% 11.89%

S&P BSE Sensex # 14.53% 6.75% 12.13%

NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Index Fund - Nifty Plan 14.33% 7.55% 12.30%

NIFTY 50 # 14.88% 7.74% 12.50%

S&P BSE Sensex ## 14.53% 6.75% 12.13%

LIC MF Balanced Fund 11.17% 7.23% 11.09%

CRISIL Balanced Fund - Aggressive Index # 13.85% 9.08% 11.73%

NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Monthly Income Plan 8.01% 7.68% 8.36%

CRISIL MIP Blended Index # 12.07% 10.56% 10.15%

CRISIL 10 year Gilt Index ## 11.69% 11.15% 8.46%

LIC MF Children's Fund 9.47% 10.63% 12.20%


NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF G-Sec Long Term Exchange Traded Fund 11.96% NA NA

Nifty 8-13 yr G-Sec # 12.31% NA NA

CRISIL 10 year Gilt Index ## 11.69% NA NA

LIC MF Balanced Fund 11.17% 7.23% 11.09%


NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Unit Linked Insurance Scheme 13.51% 9.23% 11.19%


NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Govt Securities Fund 11.62% 10.69% 8.18%

I-Sec Composite Index # 11.04% 11.17% 9.88%


LIC MF Monthly Income Plan 8.01% 7.68% 8.36%

CRISIL MIP Blended Index # 12.07% 10.56% 10.15%


LIC MF Bond Fund 10.12% 8.96% 8.20%

CRISIL Composite Bond Fund Index # 11.47% 10.91% 9.58%


LIC MF Children's Fund 9.47% 10.63% 12.20%


NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Income Plus Fund 7.66% 7.12% 7.45%

Crisil Liquid Fund Index # 6.86% 7.83% 8.25%

CRISIL 1 Year T-Bill Index ## 6.53% 7.57% 7.36%

LIC MF Growth Fund 14.64% 11.05% 14.11%

S&P BSE Sensex # 14.53% 6.75% 12.13%

NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Midcap Fund 32.79% NA NA

NIFTY Free Float MIDCAP 100 # 28.32% NA NA

NIFTY 50 ## 14.88% NA NA

LIC MF Infrastructure Fund 16.94% 7.05% 12.43%

S&P BSE 100 # 16.88% 8.36% 13.28%

NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Tax Plan 17.91% 13.26% 16.09%

S&P BSE Sensex # 14.53% 6.75% 12.13%

NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Exchange Traded Fund - Nifty 50 16.12% NA NA

NIFTY 50 # 14.88% NA NA

S&P BSE Sensex ## 14.53% NA NA

LIC MF Exchange Traded Fund - Sensex 15.85% NA NA

S&P BSE Sensex # 14.53% NA NA

NIFTY 50 ## 14.88% NA NA

LIC MF Exchange Traded Fund - Nifty 100 18.16% NA NA

NIFTY 100 # 16.86% NA NA

NIFTY 50 ## 14.88% NA NA

LIC MF Unit Linked Insurance Scheme 13.51% 9.23% 11.19%


NIFTY 50 ## 14.88% 7.74% 12.50%

LIC MF Savings Plus Fund 7.70% 7.94% 8.04%



LIC MF Liquid Fund 6.84% 7.90% 8.36%



October 5, 2015

CAGR

March 5, 2015

November 20, 2015

November 30, 2015

March 17, 2016

August 10, 2016

September 7, 2015

August 10, 2016

August 10, 2016

August 10, 2016

March 5, 2015

March 5, 2015

March 1, 2013

August 10, 2016

August 10, 2016

Funds managed by Mr. Sachin Relekar

Funds managed by Mr. Rahul Singh

August 10, 2016

August 10, 2016

August 10, 2016

August 10, 2016

August 10, 2016

November 12, 2001

May 31, 2007

September 1, 1994

February 25, 2015

December 24, 2014

January 1, 1991

June 19, 1989

December 10, 1999

June 9, 2003

March 18, 2002

Scheme managed by the current Fund Manager since

March 5, 2015

Funds managed by Mr. Ramnath Venkateswaran

March 27,2015

March 5, 2015

March 5, 2015

August 10, 2016

March 24, 2008

March 31, 1997

November 20, 2015

November 30, 2015

March 17, 2016

June 19, 1989

June 23, 1999

Date of Inception

April 15, 1993

June 1, 1998

March 27,2015

December 5, 2002

December 5, 2002

January 1, 1991

June 1, 1998

November 12, 2001

Funds managed by Mr. Marzban Irani

Comparative Performance Of Close Ended Schemes (as on 30th June, 2017)

27

1 Year 3 Years 5 Years

LIC MF Diversified Equity Fund-Series 1 8.79% NA NA

S&P BSE 200 # 18.08% NA NA

NIFTY 50 ## 14.88% NA NA

LIC MF Diversified Equity Fund-Series 2 8.99% NA NA

S&P BSE 200 # 18.08% NA NA

NIFTY 50 ## 14.88% NA NA

LIC MF RGESS Fund -Series 3 10.36% NA NA

S&P BSE 100 # 16.88% NA NA

NIFTY 50 ## 14.88% NA NA

LIC MF CPOF-Series 2 5.72% 6.13% NA

CRISIL MIP Blended Index # 12.07% 10.56% NA

CRISIL 1 Year T-Bill Index ## 6.53% 7.57% NA

LIC MF CPOF-Series 4 6.71% NA NA

CRISIL MIP Blended Index # 12.07% NA NA

CRISIL 1 Year T-Bill Index ## 6.53% NA NA




LIC MF Dual Advantage Fixed Term Plan-Series 1 11.12% NA NA









LIC MF CPOF-Series 2 5.72% 6.13% NA

CRISIL MIP Blended Index # 12.07% 10.56% NA

CRISIL 1 Year T-Bill Index ## 6.53% 7.57% NA
















July 13, 2015 August 10, 2016

October 5, 2015 August 10, 2016

November 19, 2015 August 10, 2016

July 14, 2014 August 10, 2016


November 19, 2015 August 10, 2016

Funds managed by Mr. Sachin Relekar

January 20, 2014 August 10, 2016


July 13, 2015 August 10, 2016


July 14, 2014 August 10, 2016

December 1, 2014 March 5, 2015

February 5, 2015 March 5, 2015

Funds managed by Mr. Marzban Irani

January 20, 2014 August 10, 2016

CAGRDate of Inception

Scheme managed by thecurrent Fund Manager since

Funds managed by Mr. Ramnath Venkateswaran

September 9, 2014 March 5, 2015

Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. NA : Not Available. #

Benchmark. ## Additional Benchmark. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Since respective schemes have not completed relevant period (1yr,

3yr or 5yr) after allotment or units were not available throughout the respective period, no returns are available. FMPs performance are not included in the above table.

Summary : Key Features of the Schemes (as on 30th June, 2017)

RP: Regular Plan, DP: Direct Plan, SIP: Systematic Investment Plan, STP: Systematic Transfer Plan, SWP: Systematic Withdrawal Plan. For Current Expense ratio details of all the Schemes, Investors are requested to

visit www.licmf.com. Direct Plan is a separate plan for direct investments i.e. investments not routed through a distributor. Note: Investors are advised to refer to the Scheme Information Document (SID), Key Information

Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch. Investors are requested

to read the relevant notice and addenda to the SID and KIM available at www.licmf.com for further details.

Scheme Name LIC MF Equity Fund LIC MF Growth Fund LIC MF Mid Cap FundLIC MF Banking & Financial ServicesFund

Scheme Type An Open-Ended Equity Scheme An Open-Ended Equity Scheme An Open-Ended Equity SchemeAn Open-Ended Banking & Financial Services Sector Fund

Allotment Date 15/4/1993 1/9/1994 25/02/2015 27/03/2015

Ideal Investment Horizon 3 Years Plus 3 Years Plus 3 Years Plus 3 Years Plus

Plan Available RP/DP RP/DP RP/DP RP/DP

Option Available Growth/Dividend Growth/Dividend Growth/Dividend Growth/Dividend

Benchmark S&P BSE Sensex S&P BSE Sensex Nifty Free Float Midcap 100 S&P BSE Bankex

Min Investment Amt ₹ 5000 ₹ 5000 ₹ 5000 ₹ 5000

Min Additional Amt ₹ 500 ₹ 500 ₹ 500 ₹ 1000

Min Redemption Amt ₹ 500 ₹ 500 ₹ 500 ₹ 500

SIP dates 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th

SIP Frequency Monthly / Quarterly Monthly / Quarterly Monthly / Quarterly Monthly / Quarterly

Min SIP Amount1) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 2) Quarterly - ₹ 3000/- & in multiples of ₹ 1/- thereafter.

1) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 2) Quarterly - ₹ 3000/- & in multiples of ₹ 1/- thereafter.



Fund Manager Mr. Ramnath Venkateswaran Mr. Sachin Relekar Mr. Sachin Relekar Mr. Ramnath Venkateswaran

Entry Load NIL NIL NIL NIL

Exit Load1% if exit within 1 year from the date of allotment of units

1% if exit within 1 year from the date of allotment of units

1% upto 1 year and No Exit Load after 1 year

1% upto 1 year and NO Exit Load after 1 year

Riskometer Risk - Moderately High Risk - Moderately High Risk - High Risk - High

Facility Available SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP

Scheme Name LIC MF Infrastructure Fund LIC MF Tax Plan LIC MF Index Fund - Nifty Plan LIC MF Index Fund - Sensex Plan

Scheme Type An Open-Ended Equity Sectoral

Scheme

An Open-Ended Equity Linked Tax Saving

Scheme

An Open-Ended Index Linked Equity

Scheme

An Open-Ended Index Linked Equity

Scheme

Allotment Date 24/3/2008 31/3/1997 5/12/2002 5/12/2002

Ideal Investment Horizon 3 Years Plus 3 Years Plus 3 Years Plus 3 Years Plus


Option Available Growth/Dividend Growth/Dividend Growth/Dividend Growth/Dividend

Benchmark S&P BSE 100 S&P BSE Sensex Nifty 50 S&P BSE Sensex

Min Investment Amt ₹ 5000 ₹ 500 ₹ 5000 ₹ 5000

Min Additional Amt ₹ 500 ₹ 500 ₹ 500 ₹ 500

Min Redemption Amt ₹ 500 ₹ 500 ₹ 500 ₹ 500

SIP dates 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th


Min SIP Amount1) Monthly - ₹ 1000/- & in multiples of ₹ ₹ 1/- thereafter, 2) Quarterly - 3000/- & in multiples of ₹ 1/- thereafter.

1) Monthly - ₹ 500/- & in multiples of ₹ ₹ 1/- thereafter, 2) Quarterly - 1500/- & in multiples of ₹ 1/- thereafter.



Fund Manager Mr. Sachin Relekar Mr. Sachin Relekar Mr. Ramnath Venkateswaran Mr. Ramnath Venkateswaran



NIL1% if exit within 1 month from thedate of allotment of units

1% if exit within 1 month from the date of allotment of units

Riskometer Risk - High Risk - Moderately High Risk - Moderately High Risk - Moderately High

Facility Available SIP/STP/SWP SIP SIP/STP/SWP SIP/STP/SWP

28




Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch. Investors are requested

to read the relevant notice and addenda to the SID and KIM available at www.licmf.com for further details.

Scheme Name LIC MF Exchange Traded Fund - Nifty 100 LIC MF Exchange Traded Fund - Nifty 50 LIC MF Exchange Traded Fund - Sensex

Scheme Type An Open-Ended Exchange Traded Fund An Open-Ended Exchange Traded Fund An Open-Ended Exchange Traded Fund

Allotment Date 17/3/2016 20/11/2015 30/11/2015

Ideal Investment Horizon 3 Years Plus 3 Years Plus 3 Years Plus

Plan Available RP RP RP

Option Available Growth Growth Growth

Benchmark Nifty 100 Index Nifty 50 S&P BSE Sensex

Min Investment Amt


with MF : 1,00,000 units. For purchase through

Stock Exchange : 1 unit


with MF : 50,000 units. For purchase through



with MF : 50,000 units. For purchase through


Min Additional Amt

Min Redemption Amt

SIP dates

SIP Frequency

Min SIP Amount

Fund Manager Mr. Sachin Relekar Mr. Sachin Relekar Mr. Sachin Relekar

Entry Load NIL

- - -

-

-

- - -

- -

- -

-

-

-

-

-

-

NIL NIL

Exit Load NIL NIL NIL

Riskometer Risk - Moderately High Risk - Moderately High Risk - Moderately High

Facility Available

Scheme Name LIC MF Balanced Fund LIC MF Monthly Income PlanLIC MF Unit Linked InsuranceScheme

LIC MF Children's Fund

Scheme Type An Open-Ended Balanced Scheme An Open-Ended Income SchemeAn Open-Ended Insurance Linked Tax Saving Scheme

An Open-Ended Scheme for Children

Allotment Date 1/1/1991 1/6/1998 19/6/1989 12/11/2001

Ideal Investment Horizon 3 Years Plus 1 Year Plus 3 Years Plus 3 Years Plus


Option Available Growth/Dividend Growth/Dividend Dividend Reinvestment Growth/Dividend

Benchmark Crisil Balanced Fund Index Crisil MIP Blended Index Crisil Balanced Fund Index Crisil Balanced Fund Index

Min Investment Amt ₹ 5000 ₹ 5000

₹ 10,000/- under Single Premium Option, ₹ 10,000/- under Regular Premium - Yearly option, ₹ 1,000/- under Regular Premium - Monthly Option

₹ 5000

Min Additional Amt ₹ 500 ₹ 500 ₹ 500

Min Redemption Amt ₹ 500 ₹ 500 ₹ 500

SIP dates 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th 15th 1st/7th/10th/15th/21st/25th/28th


Min SIP Amount1) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 2)Quarterly - ₹ 3000/- & in multiples of ₹ 1/- thereafter.

1) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 2) Quarterly - ₹ 3000/- & in multiples of ₹ 1/- thereafter



Fund ManagerMr. Ramnath Venkateswaran (Equity), Mr. Marzban Irani (Debt)

Mr. Marzban Irani (Debt), Mr. Ramnath Venkateswaran (Equity)

Mr. Sachin Relekar (Equity), Mr. Marzban Irani (Debt)

Mr. Marzban Irani (Debt), Mr. Ramnath Venkateswaran (Equity)



1% if exit within 1 year from the date of allotment of units

NIL1% if exit within 1 year from the date of allotment of units

Riskometer Risk - Moderately High Risk - Moderately High Risk - Moderately High Risk - Moderately High

Facility Available SIP/STP/SWP SIP/STP/SWP SIP SIP/STP/SWP

29




Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch. Investors are

requested to read the relevant notice and addenda to the SID and KIM available at www.licmf.com for further details.

Scheme Name LIC MF Liquid Fund LIC MF Savings Plus Fund LIC MF Income Plus Fund

Scheme Type An Open-Ended Liquid Scheme An Open-Ended Debt Scheme An Open-Ended Debt Scheme

Allotment Date 18/3/2002 9/6/2003 31/5/2007

Ideal Investment Horizon 1 Day Plus 1 Week Plus 1 Years Plus

Plan Available RP/DP RP/DP RP/DP

Option Available Growth/Dividend Growth/Dividend Growth/Dividend

Benchmark Crisil Liquid Fund Index Crisil Liquid Fund Index Crisil Liquid Fund Index

Min Investment Amt ₹ 5000 ₹ 5000 ₹ 5000

Min Additional Amt ₹ 500 ₹ 500 ₹ 500

Min Redemption Amt ₹ 500 ₹ 500 ₹ 500

SIP dates 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th

SIP Frequency Monthly / Quarterly Monthly / Quarterly Monthly / Quarterly

Min SIP Amount

1) Monthly - ₹ 1000/- & in multiples of ₹ 1/-

thereafter, 2) Quarterly - & 3000/- & in

multiples of ₹ 1/- thereafter


thereafter, 2) Quarterly - ₹ 3000/- & in





Fund Manager Mr. Rahul Singh Mr. Rahul Singh Mr. Marzban Irani

Entry Load NIL NIL NIL

Exit Load NIL NIL NIL

Riskometer Risk - Low Risk - Moderately Low Risk - Moderately Low

Facility Available SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP

Scheme Name LIC MF Bond Fund LIC MF Gsec FundLIC MF G-Sec Long Term Exchange Traded

Fund

Scheme Type An Open-Ended Debt Scheme An Open-Ended Gilt SchemeAn Open-Ended Index Linked Exchange Traded

Fund

Allotment Date 23/6/1999 10/12/1999 24/12/2014

Ideal Investment Horizon 3 Years Plus 3 Years Plus 3 Years Plus

Plan Available RP/DP RP/DP RP

-

-

-

-

-

-

Option Available Growth/Dividend Growth/Dividend Growth

Benchmark Crisil Composite Bond Fund Index I-Sec Composite Gilt Index Nifty 8-13 yr G-Sec

Min Investment Amt ₹ 5000 ₹ 5000


with MF : 1,00,000 units. For purchase through


Min Additional Amt ₹ 500 ₹ 500

Min Redemption Amt ₹ 500 ₹ 500

SIP dates 1st/7th/10th/15th/21st/25th/28th 1st/7th/10th/15th/21st/25th/28th

SIP Frequency Monthly / Quarterly Monthly / Quarterly

Min SIP Amount


thereafter, 2) Quarterly ₹ 3000/- & in





Fund Manager Mr. Marzban Irani Mr. Marzban Irani Mr. Marzban Irani

Entry Load NIL NIL NIL

Exit Load1% if exit within 1 year from the date of

allotment of units

0.25% if exit within 30 days from the date of

allotment of unitsNIL

Riskometer Risk - Moderate Risk - Moderate Risk - Moderate

Facility Available SIP/STP/SWP SIP/STP

30

GLOSSARY OF TERMS

BRANCH OFFICES Ahmedabad: Jeevan Sadan, 3rd Flr, LIC Bldg, Opp. Capital Commercial Center, Ahmedabad 380006. Tel.: 079-26588301/40380568. Bangalore: No.4, Canara Mutual Building (Opp. Cash

Pharmacy), 2nd Floor, Residency Rd, Bangalore 560025. Tel.: 080-22210180/22295598. Bhubaneswar: Plot No.- 263,Ground Floor, Opposite Biju Pattnaik College, Jayadev Vihar, Bhubaneswar, Odisha - 751015. Tel.: 9439455522. Chandigarh: S.C.O.-20-30, Jeevan Prakash Building, Ground Floor, LIC Divisional Office, Sector-17B, Chandigarh 160017. Tel.: 0172-4622030. Chennai: 15, Anna Salai, Next to V.G.P. Bldg., Chennai 600002. Tel.: 044-28411984/28555883. Coimbatore: 'India Life Building', LIC Divisional Office, No:1543/44,Trichy Road, Coimbatore-641018. Tel.: 0422-4393014 Ernakulam: 11th Floor, Jeevan Prakash, M.G. Road, Ernakulam, Kochi 682011. Tel.: 0484-2367643. Hubli: 2nd Floor, LIC Bldg., Beside HPO, Lamington Road, Hubli 580020. Tel.: 0836-4260523. Hyderabad: House No. 5-9-57, 4th Floor, Jeevan Jyoti Building, Basheerbagh, Hyderabad 500029. Tel.: 040-23244445/23210572. Indore: U.V. House, 1st Floor, Snehil 9/1-A South Tukoganj, Indore 452001. Tel.: 0731-2520262. Jaipur: LIC Divisional Office-1 Campus, Ground Floor, Jeevan Nidhi-II (Investment Building), Bhawani Singh Road, Ambedkar Circle, Jaipur 302005. Tel.: 0141-2743620. Kanpur: Jeevan Vikas, Ground Floor, 16/98, M.G. Road, Kanpur 208001. Tel.: 0512-2360240/3244949. Kolkata: Ground Floor, Hindustan Building Annexe, 4, Chittaranjan Avenue, Kolkata 700072. Tel.: 033-22129455. Lucknow: 7th Floor, Jeevan Bhavan 2, Naval Kishore Road, Hazrat Ganj, Lucknow 226001. Tel.: 0522-2231186/4045203. Mumbai: Gr. Floor, Industrial Assurance Bldg., Opp. Churchgate Station, Mumbai 400020. Tel.: 022-22885971/22817163 / 2nd Floor, Jeevan Chintamani, Near R.T.O., Eastern Express Highway, Thane - 400 604. Tel.: 022-25804738 / F-147,Haware Fantasia, Nano Wing, Sector 30 -A, Opp. Vashi Railway Station, Navi Mumbai 400 703. Tel.:022-27812522 / 27812566. Nagpur: Jeevan Seva Bldg., Mount Road, Sadar, Nagpur 440001. Tel.: 0712-2542497. Nashik: Shop No.2, Ground Floor, Rajvee Enclave, New Pandit Colony, Nashik 422002. Tel.: 0253-2579507. New Delhi: 7th Floor, Jeevan Prakash, 25 K.G. Marg, New Delhi 110001. Tel.: 011-23359190/23314396. Pune: LIC of India, Pune D.O.-I, 6/7, Shivaji Nagar, University Road, Pune 411005. Tel.: 020-25537301. Raipur: C-29/A, Sector 1, Besides City Centre Mall, Devendra Nagar, Raipur 492001 C.G. Tel.: 0771-2236780/4051137. Rajkot: LIC of India Bldg., Jeevan Prakash, Tagore Marg, Rajkot 360002. Tel.: 0281- 2461522.

Application Amount for Fresh Subscription: This is the minimum investment amount for a new investor in a mutual fund scheme

Asset allocation: Investment of certain proportions of a portfolio in different assets classes like Equity, Debt, Gold etc..

Asset allocation for Equity: The allocation is based on industry classification and not any separate sector classification.

AUM: AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Benchmark: A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-year Gsec.

Beta: Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

Entry Load: A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry Load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs 100 and the entry load is 1%, the investor will enter the fund at Rs 101.

Exit Load: Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing NAV at the time of redemption. The investor will receive redemption proceed at net value of NAV less Exit Load. For instance if the NAV is Rs 100 and the exit load is 1%, the investor will receive Rs 99.

Expense ratio: The expense ratio is the annual fee that funds or ETFs charge their unit holders. It expresses the percentage of assets deducted each fiscal year for fund expenses.

Fund Manager: An Employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Maturity profile: Maturity is a term defined with respect to Debt Instruments which have fixed maturities after which they cease to exist on payment of the principal and the stipulated interest. A fund's profile consisting of the allocation of the value of assets in terms of percentage and their time left to maturity respectively is called a maturity profile. It gives a summary of the breakup of the value of assets with different specified maturities.

Holdings: The holdings or the portfolio is a mutual fund’s latest or updated report statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Minimum Additional Amount: This is the minimum investment amount for an existing investor in a mutual fund scheme.

Modified Duration: Modified duration is the price sensitivity and the percentage change in price for a unit change in yeild.

Nature of Scheme: The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have subcategories.

NAV: The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Portfolio turnover ratio: Portfolio turnover is a measure of how frequently assets within a fund are bought and sold by the managers. This ratio measures the fund's trading activity, which is computed by taking the lesser of purchases or sales and dividing by average monthly net assets.

Portfolio Yeild: Disclosure only required for Debt Funds.

Rating Profile: Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

Risk Free Returns: MIBOR rate for 1 day. To be sourced from FIMMDA (http://www.fimmda.org) for last day of the month.

Sector allocation: Sector allocation may be defined as an allocation of funds in a certain percentage of the portfolio in different sectors of the economy.

Sharpe Ratio: The Sharpe Ratio, names after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

SIP: SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. Its works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that the invests Rs 500 every 15 of the month in an equity fund for a period of three years.

SIP Return: The SIP return calculation should be based on Rs. 10,000 invested every month. Returns would be 1 year, 3 year, 5 year, 7 year etc.

Standard Deviation: Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Tracking error: Tracking error is the difference between a portfolio's returns and the benchmark or index it was meant to mimic or beat. Tracking error is sometimes called active risk.

Yeild to Maturity: The Yeild to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

31

KARVY OFFICES

Investment Manager:LIC MUTUAL FUND ASSET MANAGEMENT LIMITED

Fax : +91 22 2283 5606 E-mail: [email protected]

www.licmf.com Toll Free No. 1800 258 5678

Agartala: Bidurkarta Chowmuhani, J N Bari Road, Tripura (West), Agartala, Tripura 799001. Agra: 1st Floor, Deepak Wasan Plaza, Behind Holiday Inn, Opp Megdoot Furnitures, Sanjay Place, Agra, Uttar Pradesh 282002. Ahmedabad: 201/202 Shail Complex, Opp Madhusudan House, B/H Girish Cold Drink, Off C G Road, Navrangpura, Ahmedabad, Gujarat 380006. Ajmer: S.no.1&2, 2nd Floor, Ajmer Tower, Kutchery Road, Ajmer, Rajasthan 305001. Akola: Yamuna Tarang Complex, Shop No 30, Ground Floor, N.H. No 06, Murtizapur Road, Opp Radhakrishna Talkies, Akola, Maharashthra 444004. Aligarh: 1st Floor, Kumar Plaza, Aligarh, Uttar Pradesh 202001. Allahabad: RSA Towers, 2nd Floor, Above Sony TV Showroom, 57, S P Marg, Civil Lines, Allahabad, Uttar Pradesh 211001. Alleppy: X1v 172, JP Towers, Mullackal, KSRTC Bus Stand, Alleppy, Kerala 688011. Alwar: 101,Saurabh Tower, Opp. UIT, Near Bhagat Singh Circle, Road No.2, Alwar, Rajasthan 301001. Amaravathi: Shop No. 21, 2nd Floor, Gulshan Tower, Near Panchsheel Talkies, Jaistambh Square, Amaravathi, Maharashthra 444601. Ambala: 6349, Nicholson Road, Adjacent KOS HospitalambalaCant, Ambala, Haryana 133001. Amritsar: 72-A, Taylor’s Road, Opp Aga Heritage Club, Amritsar, Punjab 143001. Anand: B-42 Vaibhav Commercial Center, Nr TVS Down Town Shrow Room, Grid Char Rasta, Anand, Gujarat 380001. Ananthapur: #15/149, 1st Floor, S R Towers, Subash Road, Opp. To Lalitha Kala Parishad, Anantapur, Andhra Pradesh 515001. Ankleshwar: L/2 Keval Shopping Center, Old National Highway, Ankleshwar, Ankleshwar, Gujarat 393002. Asansol: 114/71 G T Road, Near Sony Centre, Bhanga Pachil, Asansol, West Bengal 713303. Aurangabad: Ramkunj Niwas, Railway Station Road, Near Osmanpura Circle, Aurangabad, Maharashthra 431005. Azamgarh: 1st Floor, Alkal Building, Opp. Nagaripalika Civil Line, Azamgarh, Uttar Pradesh 276001. Malleshwaram, Bangalore: No.337, GF-3, Karuna Complex, Sampige Road, Opp New Vegetable Market, Malleshwaram, Bangalore 560003; Koramangala, Bangalore: No. 408, Cita Bldg, I Floor, Next To Vodafone Office, Koramangala, Bangalore 560095; Bangalore: 59, Skanda Puttanna Road, Basavanagudi, Bangalore, Karnataka 560004. Balasore: M.S Das Street, Gopalgaon, Balasore, Orissa, Balasore, Orissa 756001. Bankura: Ambika Market Complex (Ground Floor), Nutanganj, Post & Dist Bankura, Bankura, West Bengal 722101. Bareilly: 1st Floor, 165, Civil Lines, Opp.Hotel Bareilly Palace, Near Railway Station, Bareilly, Uttar Pradesh 243001. Barhampore (WB): Thakur Market Complex, Gorabazar, Post Berhampore Dist Murshidabad, 72 No Nayasarak Road, Barhampore (WB), West Bengal 742101. Baroda: SB-5, Mangaldeep Complex, Opp. Masonic Hall, Productivity Road, Alkapuri, Baroda, Gujarat 390007. Begusarai: Near Hotel Diamond Surbhi Complex, O.C Township Gate, Kapasiya Chowk, Begusarai, Bihar 851117. Belgaum: CTS No 3939/ A2 A1, Above Raymonds Show Room, Beside Harsha Appliances, Club Road, Belgaum, Karnataka 590001. Bellary: No. 1, KHB Colony, Gandhi Nagar, Bellary, Karnataka 583103. Berhampur (OR): Opp Divya Nandan Kalyan Mandap, 3rd Lane Dharam Nagar, Near Lohiya Motor, Berhampur (OR), Orissa 760001. Betul: 107, 1st Floor, Hotel Utkarsh, J. H. College Road, Betul, Madhya Pradesh 460001. Bhagalpur: 2nd Floor, Chandralok Complex, Ghantaghar, Radha Rani Sinha Road, Bhagalpur, Bihar 812001. Bharuch: Shop No 147-148, Aditya Complex, Near Kasak Circle, Bharuch, Gujarat 392001. Bhatinda: #2047-A, 2nd Floor, The Mall Road, Above Max New York Life Insurance, New Delhi, Punjab 151001. Bhavnagar: Krushna Darshan Complex, Parimal Chowk, Office No. 306-307, 3rd Floor, Above Jed Blue Show Room, Bhavnagar, Gujarat 364002. Bhilai: Shop No-1, First Floor, Plot No-1, Commercial Complex, Nehru Nagar-East, Bhilai, Chatisgarh 490020. Bhilwara: Shop No. 27-28, 1st Floor, Heera Panna Market, Pur Road, Bhilwara, Rajasthan 311001. Bhopal: Kay Kay Business Centre, 133, Zone I, MP Nagar, Above City Bank, Bhopal, Madhya Pradesh 462011. Bhubaneswar: A/181, Back Side Of Shivam Honda Show Room, Saheed Nagar, Bhubaneswar, Orissa 751007. Bikaner: 70-71, 2nd Floor, Dr. Chahar Building, Panchsati Circle, Sadul Ganj, Bikaner, Rajasthan 334001. Bilaspur: Shop No-201 & 202, 1st Floor, V R Plaza, Link Road, Bilaspur, C.G., Bilaspur, Chatisgarh 495001. (Bhishm) Bokaro: B-1, 1st Floor, City Centre, Sector-4, Near Sona Chandi Jwellars, Bokaro, Jharkhand 827004. Burdwan: 63 GT Road, Halder Complex, 1st Floor, Burdwan, West Bengal 713101. Calicut: 2nd Floor, Soubhagya Shopping Complex, Arayidathpalam, Mavoor Road, Calicut, Kerala 673004. Chandigarh: SCO 2423-2424, 1st Floor, Sector 22-C, Chandigarh, Union Territory 160022. Chandrapur: Rauts Raghuvanshi Complex, Shop No-1, Office No-2, 1st Floor, Beside Azad Garden Main Road, Chandrapur, Maharashtra 442402. Chennai: F-11, Akshaya Plaza, 1st Floor, 108, Adhithanar Salai, Egmore, Opp To Chief Metropolitan Court, Chennai, Tamil Nadu 600002. T Nagar, Chennai: G1, Ground Floor, No 22, Vijayaraghava Road, Swathi Court, T Nagar, Chennai 600017; Adayar, Chennai: New No 51, Gandhi Nagar, First Main Road, Adyar, Chennai 600020; Annanagar, Chennai: T 92, Ground Floor, 3rd Avenue Main Road, Annanagar, Chennai 600040; Chinsura: J C Ghosh Saranu, Bhanga Gara, Chinsurah, Hooghly, Chinsurah, West Bengal 712101. Cochin: Ali Arcade, 1st Floor, Kizhavana Road, Panampilly Nagar, Near Atlantis Junction, Ernakualm, Kerala 682036. Coimbatore: 3rd Floor, Jaya Enclave, 1057 Avinashi Road, Coimbatore, Tamil Nadu 641018. Cuttack: PO-Buxi Bazar, Cuttack, Opp Dargha Bazar Police Station, Dargha Bazar, Cuttack, Orissa 753001. Darbhanga: Jaya Complex, 2nd Floor, Above Furniture Planet, Donar Chowk, Darbhanga, Bihar 846003. Davangere: #15/9, 1st Floor, Sobagu Complex, 2nd Main Road (AVK College Road) P J Extension, Davangere, Karnataka 577002. Dehradun: Kaulagarh Road, Near Sirmaur Margabove, Reliance Webworld, Dehradun, Uttaranchal 248001. Deoria: 1st Floor, 1st Floor, Opp. Zila Panchayat, Civil Lines, Deoria, Uttar Pradesh 274001. Dewas: 27 RMO House, Station Road, Above Maa Chamunda Gaes Agency, Dewas, Madhya Pradesh 455001. Dhanbad: 208 New Market, 2nd Floor, Bank More, Dhanbad, Jharkhand 826001. Dharwad: G, 7&8 Banashankari Avenue, Opp NTTF, P B Road, Dharwad, Karnatka 580001. Dhule: Ground Floor, Ideal Laundry, Lane No 4, Khol Galli, Near Muthoot Finance, Opp Bhavasar General Store, Dhule, Maharashthra 424001. Dindigul: No 9 Old No 4/B, New Agraharam, Palani Road, Dindigul, Tamil Nadu 624001. Durgapur: MWAV-16 Bengal Ambuja, 2nd Floor City Centre, 16 Dt Burdwan, Durgapur, West Bengal 713216. Eluru: D.No 23B-5-93/1, Savithri Complex, Edaravari Street, Near Dr. Prabhavathi Hospital, R.R. Pet, Eluru, Andhra Pradesh 534002. Erode: No. 4, Veerappan Traders Complex, KMY Salai, Sathy Road, Opp. Erode Bus Stand, Erode, Tamil Nadu 638003. Faridabad: A-2B, 1st Floor, Nehru Groundnit, Faridabad, Haryana 121001. Ferozpur: The Mall Road, Chawla Bulding, 1st Floor, Opp. Centrail Jail, Near Hanuman Mandir, Ferozepur, Punjab 152002. Gandhidham: 204, 2nd Floor, Bhagwati Chamber, Kutchkala Road, Gandhidham, Gujarat 382007. Gandhinagar: Plot No 945/2, Sector 7/C, Opp Pathika, Gandhinagar, Gujarat 382007. Gaya: 1st Floor, Lal Bhawan, Tower Chowk, Near Kiran Cinema, Gaya, Bihar 823001. Ghaziabad: 1st Floorc-7, Lohia Nagar, Ghaziabad, Uttar Pradesh 201001. Ghazipur: 2nd Floor, Shubhra Hotel Complex, Mahaubagh, Ghazipur, Uttar Pradesh 233001. Gonda: Shri Market, Sahabgunj, Station Road, Gonda, Uttar Pradesh 271001. Gorakhpur: Above V.I.P. House Ajdacent, A.d. Girls College, Bank Road, Gorakpur, Uttar Pradesh 273001. Gulbarga: CTS No 2913, 1st Floor, Asian Towers, Jagath Station, Main Road, Next To Adithya Hotel, Gulbarga, Karnataka 585105. Guntur: D No 6-10-27, Srinilayam, Arundelpet, 10/1, Guntur, Andhra Pradesh 522002. Gurgaon: Shop No.18, Ground Floor, Sector-14, Opp. AKD Tower, Near Huda Office, Gurgaon, Haryana 122001. Guwahati: 54 Sagarika Bhawan, 2nd Floor, R G Barooah Road, Aidc, Near Baskin Robbins, Guwahati, Assam 781024. Gwalior: 2nd Floor, Rajeev Plaza, Jayendra Ganj, Lashkar, Gwalior, Madhya Pradesh 474009. Haldwani: Above Kapilaz, Sweet House, Opp Lic Building, Pilikothi, Haldwani, Uttaranchal 263139. Haridwar: 8, Govind Puri, Opp. LIC-2, Above Vijay Bank, Main Road, Ranipur More, Haridwar, Uttaranchal 249401. Hassan: St Anthony’s Complex, Ground Floor, H.N. Pura Road, Hassan, Karnataka 573201. Hissar: SCO-71, 1st Floor, Red Square Market, Hissar, Haryana 125001. Hoshiarpur: 1st Floor, The Mall Tower, Opp Kapila Hospital, Sutheri Road, Hoshiarpur, Punjab 146001. Hubli: 22nd & 23rd, 3rd Floor, Eureka Junction, Travellers Bunglow, Hubli, Karnataka 580029. Hyderabad: 8-2-596, Avenue 4, Karvy Plaza, Street No 1, Banjara Hills, Hyderabad, Andhra Pradesh 500034. Indore: 2nd Floor, 203-205 Balaji Corporates, Above ICICI Bank, 19/1 New Palasia, Nearcurewell Hospital, Janjeerwala Square Indore, Indore, Madhya Pradesh 452001. Jabalpur: Grover Chamber, 43 Naya Bazar Malviya Chowk, Opp Shyam Market, Jabalpur, Madhya Pradesh 482002. Jaipur: S16/A 3rd Floor, Land Mark Building, Opp Jai Club, Mahaver Marg, C Scheme, Jaipur, Rajasthan 302001. Jalandhar: Arora Prime Tower, Lowe Ground Floor, Office No 3, Plot No 28, Jalandhar, Punjab 144001. Jalgaon: 113, Navi Peth, B/H Mahalaxmi Dairy, Jalgaon, Maharashthra 425001. Jalpaiguri: D B C Road, Opp Nirala Hotel, Opp Nirala Hotel, Jalpaiguri, West Bengal 735101. Jammu: 5 A/D Extension 2, Near Panama Chowk Petrol Pump, Panama Chowk, Jammu, Jammu & Kashmir 180012. Jamnagar: 136-137-138 Madhav Palaza, Opp SBI Bank, Nr Lal Bunglow, Jamnagar, Gujarat 361001. Jamshedpur: 2nd Floor, R R Square, SB Shop Area, Near Reliance Foot Print & Hotel-BS Park Plaza, Main Road, Jamshedpur, Jharkhand 831001. Jaunpur: R N Complex, 1-1-9-G, In Front Of Pathak Honda, Ummarpur, Jaunpur, Uttar Pradesh 222002. Jhansi: 371/01, Narayan Plaza, Gwalior Road, Near Jeevan Shah Chauraha, Jhansi, Uttar Pradesh 284001. Jodhpur: 203, Modi Arcade, Chopasni Road, Jodhpur, Rajasthan 342001. Junagadh: 124-125 Punit Shopping Center, M.G Road, Ranavav Chowk, Junagadh, Gujarat 362001. Kannur: 2nd Floor, Prabhath Complex, Fort Road, Nr. ICICI Bank, Kannur, Kerala 670001. Kanpur: 15/46, B, Ground Floor, Opp Muir Mills, Civil Lines, Kanpur, Uttar Pradesh 208001. Karaikudi: No. 2, Gopi Arcade, 100 Feet Road, Karaikudi, Tamil Nadu 630001. Karimnagar: H.No.4-2-130/131, Above Union Bank, Jafri Road, Rajeev Chowk, Karimnagar, Andhra Pradesh 505001. Karnal: 18/369, Char Chaman, Kunjpura Road, Behind Miglani Hospital, Karnal, Haryana 132001. Karur: No.6, Old No.1304, Thiru-Vika Road, Near G.R. Kalyan Mahal, Karur, Tamil Nadu 639001. Kharagpur: 180 Malancha Road, Beside Axis Bank Ltd, Kharagpur, West Bengal 721304. Kolhapur: 605/1/4 E Ward, Shahupuri, 2nd Lane, Laxmi Niwas, Near Sultane Chambers, Kolhapur, Maharashtra 416001. Kolkata: 166 A Rashbihari Avenue, 2nd Floor, Opp Fortish Hospital, Kolkata, West Bengal 700029. Kollam: Sree Vigneswara Bhavan, Shastri Junction, Kadapakada, Kollam, Kerala 691001. Korba: 1st Floor, City Centre, 97 IRCC, Transport Nagar, Korba, Chatisgarh 495677. Kota: 29, Ist Floor, Near Lala Lajpat Rai Circle, Shopping Centre, Kota, Rajasthan 324007. Kottayam: 1st Floor, Csiascension Square, Railway Station Road, Collectorate P O, Kottayam, Kerala 686002. Kurnool: Shop No.43, 1st Floor, S V Complex, Railway Station Road, Near SBI Main Branch, Kurnool, Andhra Pradesh 518004. Lucknow: 24, Prem Nagar, Ashok Marg, Lucknow, Uttar Pradesh 226001. Ludhiana: SCO-136, 1st Floor, Above Airtel Showroom, Feroze Gandhi Market, Ludhiana, Punjab 141001. Madurai: Rakesh Towers, 30-C, 1st Floor, Bye Pass Road, Opp Nagappa Motors, Madurai, Tamil Nadu 625010. Malappuram: First Floor, Cholakkal Building, Near U P School, UP Hil, Malappuram, Kerala 676505. Malda: Sahis Tuli, Under Ward No.6, No.1 Govt Colony, English Bazar Municipality, Malda, West Bengal 732101. Mandi: 149/11, School Bazaar, Mandi, Uttar Pradesh 175001. Mangalore: Mahendra Arcade, Opp Court Road, Karangal Padi, Mangalore, Karnataka 575003. Margoa: 2nd Floor, Dalal Commercial Complex, Pajifond, Margao, Goa 403601. Mathura: Ambey Crown, 2nd Floor, In Front Of BSA College, Gaushala Road, Mathura, Uttar Pradesh 281001. Meerut: 1st Floor, Medi Centreopp ICICI Bank, Hapur Road, Near Bachha Park, Meerut, Uttar Pradesh 250002. Mehsana: Ul/47, Apollo Enclave, Opp Simandhar Temple, Modhera Cross Road, Mehsana, Gujarat 384002. Mirzapur: Above HDFC Bank, Dankeenganj, UP, Mirzapur, Uttar Pradesh 231001. Moga: 1st Floor, Dutt Road, Mandir Wali Gali, Civil Lines, Barat Ghar, Moga, Punjab 142001. Moradabad: Om Arcade, Parker Road, Above Syndicate Bank, Chowk Tari Khana, Moradabad, Uttar Pradesh 244001. Morena: Moti Palace, Near Ramjanki Mandir, Near Ramjanki Mandir, Morena, Madhya Pradesh 476001. Mumbai: 24/B, Raja Bahadur Compound, Ambalal Doshi Marg, Behind BSE Bldg, Fort, Maharashtra 400001. Andheri: 6 & 7, Andheri Industrial Estate, Veera Desai Road, Andheri (West), Mumbai 400053. Borivali: Ground Floor, Himanshu Bldg, Sodawala Cross Lane, Chandawarkar Road, Borivali, Mumbai 400091. Chembur: Shop No 4 , Ground Floor, Shram Saflya Bldg., N G Acharya Marg, Chembur, Mumbai 400071. Muzaffarpur: 1st Floor, Uma Market, Thana Gumtimoti Jheel, Muzaffarpur, Bihar 842001. Mysore: L-350, Silver Tower, Ashoka Road, Opp. Clock Tower, Mysore, Karnataka 570001. Nadiad: 104/105, Near Paras Cinema, City Point Nadiad, Nadiad, Gujarat 387001. Nagerkoil: 3A, South Car Street, Parsans Complex, Nagercoil, Tamil Nadu 629001. Nagpur: Plot No 2/1, House No 102/1, Mata Mandir Road, Mangaldeep Appartment, Opp Khandelwal Jewelers, Dharampeth, Nagpur, Maharashtra 440010. Namakkal: 105/2, Arun Towers, Paramathi Street, Namakkal, Tamil Nadu 637001. Nanded: Shop No.4, Santakripa Market, G G Road, Opp. Bank Of India, Nanded, Maharashtra 431601. Nasik: F-1, Suyojit Sankul, Sharanpur Road, Nasik, Maharashtra 422002. Navsari: 1/1 Chinmay Aracade, Opp Sattapir Rd, Tower Rd, Navsari, Gujarat 396445. Nellore: 16-2-230, Room No 27, 2nd Floor, Keizen Heights, Gandhi Nagar, Pogathota, Nellore, Andhra Pradesh 524001. New Delhi: 305 New Delhi House, 27 Barakhamba Road, New Delhi, New Delhi 110001. Nizamabad: H No 5-6-430, Above Bank Of Baroda, First Floor, Beside HDFC Bank, Hyderabad Road, Nizamabad, Andhra Pradesh 503003. Noida: 307 Jaipuria Plazad, 68 A, 2nd Floor, Opp Delhi Public School, Sector 26, Noida, Uttar Pradesh 201301. Palghat: No 20&21, Metro Complex H.P.O. Road Palakkad, Kerala 678001. Panipat: 1st Floor, Krishna Tower, Above Amertex, G.T. Road, Panipat, Haryana 132103. Panjim: City Business Centre, Coelho Pereira Building, Room No 18, 19 & 20, Dada Vaidya Road, Panjim, Goa 403001. Pathankot: 1st Floor, 9 A, Improvement Trust Building, Patel Chowk, Pathankot, Punjab 145001. Patiala: SCO 27 D, Chotti Baradari, Near Car Bazaar, Patiala, Punjab 147001. Patna: 3A, 3rd Floor Anand Tower, Exhibition Road, Opp ICICI Bank, Patna, Bihar 800001. Pollachi: 146/4, Ramanathan Building, 1st Floor, New Scheme Road, Pollachi, Tamil Nadu 642002. Pondicherry: No 7, Thiayagaraja Street, Pondicherry, Pondicherry 605001. Proddatur: Shop No 4, Araveti Complex, Mydukur Road, Beside Syndicate Bank, Proddatur, Andhra Pradesh 16360. Pudukottai: Sundaram Masilamani Towers, TS No. 5476-5479, PM Road, Old Tirumayam Salai, Near Anna Statue, Jublie Arts, Pudukottai,Tamil Nadu 622001. Pune: Office #16, Ground Floor, Shrinath Plaza, Near Dyaneshwar Paduka Chowk, F C Road, Pune, Maharashtra 411005. Raipur: Shop No. 31, Third Floor, Millenium Plaza, Above Indian House, Behind Indian Coffee House, Raipur, Chatisgarh 492001. Rajahmundry: D.No.6-1-4, Rangachary Street, T. Nagar, Near Axis Bank Street, Rajahmundry, Andhra Pradesh 533101. Rajapalayam: Sri Ganapathy Complex, 14B/5/18, T P Mills Road, Virudhungar Dist, Rajapalayam, Tamil Nadu 626117. Rajkot: 104, Siddhi Vinyak Com., Opp Ramkrishna Ashram, Dr Yagnik Road, Rajkot, Rajkot, Gujarat 360001. Ranchi: Room No 307, 3rd Floor, Commerce Tower, Beside Mahabir Tower, Ranchi, Jharkhand 834001. Ratlam: 1 Nagpal Bhawan, Free Ganj Road, Do Batti, Near Nokia Care, Ratlam, Madhya Pradesh 457001. Renukoot: Shop No. 18, Near Complex Birla Market, Renukoot, Uttar Pradesh 231217. Rewa: 1st Floor, Angoori Building, Besides Allahabad Bank, Trans University Road, Civil Lines, Rewa, Madhya Pradesh 485001. Rohtak: 1st Floor, Ashoka Plaza, Delhi Road, Rohtak, Haryana 124001. Roorkee: Shree Ashadeep Complex, 16, Civil Lines, Near Income Tax Office, Roorkee, Uttaranchal 247667. Rourkela: 1st Floor, Sandhu Complex, Kachery Road, Uditnagar, Rourekla, Orissa 769012. Sagar: Above Poshak Garments, 5 Civil Lines, Infront Of Income Tax Office, Sagar, Madhya Pradesh 470002. Saharanpur: 18 Mission Market, Court Road, Saharanpur, Uttar Pradesh 247001. Salem: No 40, Brindavan Road, Fairlands, Near Perumal Koil, Salem, Tamil Nadu 636016. Sambalpur: Ground Floor, Quality Massion, Infront Of Bazaar Kolkata, Nayapara, Sambalpur, Orissa 768001. Secunderabad: 1st Floor, Thirumala Complex, Paradise Circle, S.D Road, Opp. Hotel Kamat, Secunderabad 500003. Satna: 1st Floor, Gopal Complex, Near Bus Stand, Rewa Road, Satna, Madhya Pradesh 485001. Shaktinagar: 1st/A-375, V V Colony, Dist Sonebhadra, Shaktinagar, Uttar Pradesh 231222. Shillong: Annex Mani Bhawan, Lower Thana Road, Near R K M L P School, Shillong, Meghalaya 793001. Shimla: Triveni Building, By Pas Chowk Khallini, Shimla, Himachal Pradesh 171002. Shimoga: Sri Matra Naika Complex, 1st Floor, Above Shimoga Diagnostic Centre, LLR Road, Durgigudi, Shimoga, Karnataka 577201. Shivpuri: 1st Floor, M.P.R.P. Building, Near Bank Of India, Shivpuri, Madhya Pradesh 473551. Sikar: First Floor, Super Tower, Behind Ram Mandir, Near Taparya Bagichi, Sikar, Rajasthan 332001. Silchar: N.N. Dutta Road, Chowchakra Complex, Premtala, Silchar, Assam 788001. Siliguri: Nanak Complex, Sevoke Road, Siliguri, West Bengal 734001. Sitapur: 12/12-A, Sura Complex, Arya Nagar, Opp Mal Godam, Sitapur, Uttar Pradesh 261001. Sivakasi: 363, Thiruthangal Road, Opp TNEB, Sivakasi, Tamil Nadu 626123. Solan: Sahni Bhawan, Adjacent Anand Cinema Complex, The Mall, Solan, Himachal Pradesh 173212. Solapur: Block No 06, Vaman Nagar, Opp D-Mart, Jule Solapur, Solapur, Maharashtra 413004. Sonepat: 205 R Model Town, Above Central Bank Of India, Sonepat, Haryana 131001. Sri Ganganagar: 35E Block, Opp Sheetla Mata Vaateka, Sri Ganganagar, Rajasthan 335001. Srikakulam: D.No-4-1-28/1, Venkateswara Colony, Near Income Tax Office, Srikakulam, Andhra Pradesh 532001. Sultanpur: Rama Shankar Complex, Civil Lines, Faizabad Road, Sultanpur, Uttar Pradesh 228001. Surat: G-5 Empire State Buliding, Nr Udhna Darwaja, Ring Road, Surat, Gujarat 395002. Thanjavur: No. 70, Nalliah Complex, Srinivasam Pillai Road, Tanjore, Tamil Nadu 613001. Thodupuzha: First Floor, Pulimoottil Pioneer, Pala Road, Thodupuzha, Kerala 685584. Tirunelveli: 55/18, Jeney Building, S N Road, Near Aravind Eye Hospital, Tirunelveli, Tamil Nadu 627001. Tirupathi: D No 203, 2nd Floor, Padmavathi Nilayam, Nokia Care Upstairs, Tilak Road, Tirupathi, Andhra Pradesh 517501. Tirupur: First Floor, 244 A, Kamaraj Road, Opp To Cotton Market Complex, Tirupur, Tamil Nadu 641604. Tiruvalla: 2nd Floor, Erinjery Complex, Ramanchira, Opp Axis Bank, Thiruvalla, Kerala 689107. Trichur: 2nd Floor, Brothers Complex, Naikkanal Junction, Shornur Road, Near Dhanalakshmi Bank H O, Thrissur, Kerala 680001. Trichy: 60, Sri Krishna Arcade, Thennur High Road, Trichy, Tamil Nadu 20017. Trivandrum: 2nd Floor, Akshaya Tower, Sasthamangalam, Trivandrum, Kerala 695010. Tuticorin: 4-B, A34-A37, Mangalmal Mani Nagar, Opp. Rajaji Park, Palayamkottai Road, Tuticorin, Tamil Nadu 628003. Udaipur: 201-202, Madhav Chambers, Opp G P O, Chetak Circle, Udaipur, Rajasthan 313001. Ujjain: 101 Aashta Tower, 13/1 Dhanwantri Marg, Freeganj, Ujjain, Madhya Pradesh 456010. Valsad: Shop No 2, Phiroza Corner, Opp Next Show Room, Tithal Road, Valsad, Gujarat 396001. Vapi: Shop No-12, Ground Floor, Sheetal Appatment, Near K P Tower, Vapi, Gujarat 396195. Varanasi: D-64/132, 1st Floor, Anant Complex, Sigra, Varanashi, Uttar Pradesh 221010. Vellore: 1, M N R Arcade, Officers Line, Krishna Nagar, Vellore, Tamil Nadu 632001. Vijayanagaram: Soubhagya, 19-6-1/3, 2nd Floor, Near Fort Branch, Opp Three Temples, Vizianagaram, Andhra Pradesh 535002. Vijayawada: 39-10-7, Opp Municipal Water Tank, Labbipet, Vijayawada, Andhra Pradesh 520010. Visakhapatnam: Door No 48-8-7, Dwaraka Diamond, Ground Floor, Srinagar, Visakhapatnam, Andhra Pradesh 530016. Warangal: 5-6-95, 1st Floor, Opp B.Ed Collage, Lashkar Bazar, Chandra Complex, Hanmakonda, Warangal, Andhra Pradesh 506001. Yamuna Nagar: Jagdhari Road, Above UCO Bank, Near D.A.V. Girls College, Yamuna Nagar, Haryana 135001.

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