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Page 1 of 24 June 25, 2019 Dear Unit holder, Sub: Proposed change in controlling interest of DHFL Pramerica Asset Managers Private Limited, the asset management company of DHFL Pramerica Mutual Fund and other related changes It gives us pleasure to inform you that Prudential Financial, Inc. (“PFI”), the current co-sponsor of DHFL Pramerica Mutual Fund (“DPMF”), proposes to become the sole sponsor of DPMF. Dewan Housing Finance Corporation Limited (“DHFL”), the current co-sponsor of DPMF and its wholly owned subsidiary, DHFL Advisory & Investments Private Limited (‘DAIPL’), propose to sell their aggregate shareholding of 50% of the paid-up share capital of DHFL Pramerica Asset Managers Private Limited (“DPAM”) to PGLH of Delaware, Inc. (“PGLH”), the wholly owned subsidiary of PFI (“Proposed Transaction”). The Proposed Transaction will result in the acquisition of up to 50% of paid-up share capital of DPAM by PGLH in the manner mentioned below: (i) acquisition of 17.12% of the total paid up share capital of DPAM from DHFL; and (ii) acquisition of 32.88% of the total paid up share capital of DPAM from DAIPL. Upon consummation of the proposed sale by DHFL and DAIPL to PGLH on the completion date (“Completion Date”), PGLH (along with its nominee) will hold 100% of the total paid-up share capital of DPAM which would result in a change in the controlling interest of DPAM. Further, DHFL also proposes to sell its shareholding of 50% of the paid up share capital of DHFL Pramerica Trustees Private Limited (“DPTL”) to PGLH. Upon completion of the Proposed Transaction, PFI will become the sole sponsor of DPMF and PGLH (along with its nominee) will become the sole shareholder by holding 100% of the total paid-up share capital of DPAM and DPTL. The Proposed Transaction will be completed subject to receipt of relevant regulatory approvals. After completion of the Proposed Transaction: (a) PFI will become the sole sponsor of DPMF; (b) DHFL will cease to be the co-sponsor of DPMF; (c) there will be a change in the controlling interest of DPAM, and PGLH (along with its nominee) will hold 100% of the total paid-up share capital of DPAM; (d) DPMF will be renamed as “PGIM India Mutual Fund” and each scheme of DPMF will be renamed to replace the words “DHFL Pramerica” with the words “PGIM India”; and (e) the trust deed of DPMF dated July 28, 2009 constituting Pramerica Mutual Fund, as amended by the deed of amendment dated April 20, 2010 and second deed of amendment dated September 18, 2015 (collectively referred to as “Trust Deed”) would be amended to record PFI as the sole sponsor of DPMF and for cessation of DHFL as the co-sponsor of DPMF. Further, subject to receiving necessary approvals, the names of DPAM and DPTL will change as mentioned subsequently in this letter (“Exit Option Letter”). The Proposed Transaction has been approved by the Board of Directors of DPAM and DPTL on December 18, 2018. The Board of Directors of DPTL has approved the change in the controlling interest of DPAM on December 18, 2018. Further, SEBI vide its letter Ref. No. SEBI/HO/IMD/DF5/OW/P/2019/0000016032/1 dated June 25, 2019 and SEBI/HO/IMD/DF5/OW/P/2019/0000016033/1 dated June 25, 2019 granted its no-objection to the aforesaid change in controlling interest of DPAM and amendments to the Trust Deed under the provisions of SEBI (Mutual Funds) Regulations, 1996 (“MF Regulations”). Details in relation to PFI and the Proposed Transaction are set out below: PFI is a financial services leader with approximately US $ 1.456 trillion of assets under management and approximately 50,000 employees & sales associates worldwide as of March 31, 2019. PFI is headquartered in Newark, NJ (USA) and has more than 140 years of financial services experience with operations in the U.S., Asia, Europe, and Latin America. PFI is focused on helping individual and institutional customers grow and protect their wealth and offers a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. PFI conducts its global asset management activities under the brand name PGIM. Under this brand, PFI is a top 10 global investment manager with more than 1,200 investment professionals in 15 countries on four continents worldwide. In the U.S., PFI’s PGIM Investments open-end mutual fund family includes 86 schemes and US $134,938,883,265 assets under management, and in Europe, PFI’s PGIM Funds (UCITS domiciled in Ireland) include 28 schemes and

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Page 1: Sub: Proposed change in controlling interest of DHFL ... · controlling interest of DPAM and amendments to the Trust Deed under the provisions of SEBI (Mutual Funds) Regulations,

Page 1 of 24

June 25, 2019

Dear Unit holder,

Sub: Proposed change in controlling interest of DHFL Pramerica Asset Managers Private Limited, the asset

management company of DHFL Pramerica Mutual Fund and other related changes

It gives us pleasure to inform you that Prudential Financial, Inc. (“PFI”), the current co-sponsor of DHFL Pramerica

Mutual Fund (“DPMF”), proposes to become the sole sponsor of DPMF. Dewan Housing Finance Corporation Limited

(“DHFL”), the current co-sponsor of DPMF and its wholly owned subsidiary, DHFL Advisory & Investments Private

Limited (‘DAIPL’), propose to sell their aggregate shareholding of 50% of the paid-up share capital of DHFL Pramerica

Asset Managers Private Limited (“DPAM”) to PGLH of Delaware, Inc. (“PGLH”), the wholly owned subsidiary of

PFI (“Proposed Transaction”). The Proposed Transaction will result in the acquisition of up to 50% of paid-up share

capital of DPAM by PGLH in the manner mentioned below:

(i) acquisition of 17.12% of the total paid up share capital of DPAM from DHFL; and

(ii) acquisition of 32.88% of the total paid up share capital of DPAM from DAIPL.

Upon consummation of the proposed sale by DHFL and DAIPL to PGLH on the completion date (“Completion Date”),

PGLH (along with its nominee) will hold 100% of the total paid-up share capital of DPAM which would result in a

change in the controlling interest of DPAM. Further, DHFL also proposes to sell its shareholding of 50% of the paid up

share capital of DHFL Pramerica Trustees Private Limited (“DPTL”) to PGLH.

Upon completion of the Proposed Transaction, PFI will become the sole sponsor of DPMF and PGLH (along with its

nominee) will become the sole shareholder by holding 100% of the total paid-up share capital of DPAM and DPTL.

The Proposed Transaction will be completed subject to receipt of relevant regulatory approvals.

After completion of the Proposed Transaction: (a) PFI will become the sole sponsor of DPMF; (b) DHFL will cease to

be the co-sponsor of DPMF; (c) there will be a change in the controlling interest of DPAM, and PGLH (along with its

nominee) will hold 100% of the total paid-up share capital of DPAM; (d) DPMF will be renamed as “PGIM India Mutual

Fund” and each scheme of DPMF will be renamed to replace the words “DHFL Pramerica” with the words “PGIM

India”; and (e) the trust deed of DPMF dated July 28, 2009 constituting Pramerica Mutual Fund, as amended by the

deed of amendment dated April 20, 2010 and second deed of amendment dated September 18, 2015 (collectively referred

to as “Trust Deed”) would be amended to record PFI as the sole sponsor of DPMF and for cessation of DHFL as the

co-sponsor of DPMF. Further, subject to receiving necessary approvals, the names of DPAM and DPTL will change as

mentioned subsequently in this letter (“Exit Option Letter”).

The Proposed Transaction has been approved by the Board of Directors of DPAM and DPTL on December 18, 2018.

The Board of Directors of DPTL has approved the change in the controlling interest of DPAM on December 18, 2018.

Further, SEBI vide its letter Ref. No. SEBI/HO/IMD/DF5/OW/P/2019/0000016032/1 dated June 25, 2019 and

SEBI/HO/IMD/DF5/OW/P/2019/0000016033/1 dated June 25, 2019 granted its no-objection to the aforesaid change in

controlling interest of DPAM and amendments to the Trust Deed under the provisions of SEBI (Mutual Funds)

Regulations, 1996 (“MF Regulations”).

Details in relation to PFI and the Proposed Transaction are set out below:

PFI is a financial services leader with approximately US $ 1.456 trillion of assets under management and approximately

50,000 employees & sales associates worldwide as of March 31, 2019. PFI is headquartered in Newark, NJ (USA) and

has more than 140 years of financial services experience with operations in the U.S., Asia, Europe, and Latin America.

PFI is focused on helping individual and institutional customers grow and protect their wealth and offers a variety of

products and services, including life insurance, annuities, retirement-related services, mutual funds and investment

management.

PFI conducts its global asset management activities under the brand name PGIM. Under this brand, PFI is a top 10

global investment manager with more than 1,200 investment professionals in 15 countries on four continents worldwide.

In the U.S., PFI’s PGIM Investments open-end mutual fund family includes 86 schemes and US $134,938,883,265

assets under management, and in Europe, PFI’s PGIM Funds (UCITS domiciled in Ireland) include 28 schemes and

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Page 2 of 24

approximately US $3,482,664,653 assets under management, as of March 31, 2019. The PGIM Funds are registered in

17 countries in Europe, Asia and Latin America. More information about PFI’s global asset management activities may

be found on its website in the following Link : https://www.prudential.com/institutions/investment-management.

Expected Benefits of the Proposed Transaction

PFI is a global financial services leader, and asset management is a core business of PFI. PFI is one of the ten largest asset managers

in the world. PFI has deep expertise in investment management across many asset classes, including fixed income, equities and

alternatives, as well as expertise and resources in related areas such as risk management, compliance and other control functions;

marketing and distribution; and technology. All of this, coupled with the change of the names of DPAM and DPMF to leverage the

strength of PFI’s PGIM global asset management brand, will support the growth of DPAM’s assets under management and the value

it can provide to investors in India.

In particular, as a wholly owned subsidiary of PFI, DPAM will be better able to serve clients by:

(a) Providing a stable and highly credible investment platform backed by the strength, brand and reputation of one

of the world’s largest asset managers;

(b) Increasing resources and talent by having greater flexibility and ability to invest in the business and attract and

retain talent;

(c) Enhancing its investment management techniques through the incorporation of ideas and research from PFI’s

resources in areas such as portfolio construction, credit analysis, and alpha generation;

(d) Leveraging PFI’s capabilities to offer a broad range of international strategies to clients, sharing of thought

leadership in investments and increasing focus on investor education;

(e) Implementing best practices from PFI in areas such as sales and product management, customer service, risk

management, employee training, etc.; and

(f) Benefitting from PFI’s larger scale, deep experience, and firm-wide vendor relationships to improve risk

controls (information security, disaster recovery, etc.).

Proposed changes pursuant to the Proposed Transaction:

The following key changes will occur pursuant to the Proposed Transaction:

(a) DHFL and DAIPL will transfer their entire shareholding in the paid up share capital of DPAM of 17.12% and

32.88%, respectively, to PGLH. DHFL will also transfer its entire shareholding in the paid up share capital of

DPTL of 50% to PGLH. Consequently, PGLH (along with its nominee) will increase its shareholding in DPAM

and DPTL from 50% to 100%;

(b) DHFL will cease to be the co-sponsor of DPMF and PFI will become the sole sponsor of DPMF;

(c) The nominee directors of DHFL will resign from the Boards of DPAM and DPTL;

(d) Persons nominated by PGLH will be appointed to the Boards of Directors of DPAM and DPTL in compliance

with all applicable laws;

(e) The necessary amendments to Trust Deed between DHFL, DPTL, PFI and PGLH, will be carried out to record

PFI as the sole sponsor of DPMF and for cessation of DHFL as the co-sponsor of DPMF (“Deed of

Amendment”). A draft of the Deed of Amendment is enclosed herewith as Exhibit I for your approval.

Approval of the unit holders of the schemes of DPMF will be obtained for amending the Trust Deed by way of

this exit option process, details of which are provided below.

(f) DPMF will be renamed as “PGIM India Mutual Fund”. Each scheme of DPMF will be renamed to replace the

words “DHFL Pramerica” with the words “PGIM India” (for instance, ‘DHFL Pramerica Large Cap Fund’ will

be renamed as ‘PGIM India Large Cap Fund’).

(g) Subject to receipt of necessary approvals, the names of DPAM and DPTL will be changed to ‘PGIM India Asset

Management Private Limited’ and ‘PGIM India Trustees Private Limited’, respectively, or such other name as

may be approved by the Registrar of Companies, Maharashtra, Mumbai. Consequent to the above changes, the

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corporate logo, corporate materials and documents will undergo changes to reflect the new names of DPMF,

DPAM and DPTL.

(h) Statement of Additional Information of DPMF, Scheme Information Documents, Key Information

Memorandums of schemes of DPMF and other relevant documents (if any) relating to the existing schemes of

DPMF will be amended and updated to reflect the changes pursuant to the Proposed Transaction. Please note

that the schemes will continue to be governed by the Statement of Additional Information of DPMF and their

respective Scheme Information Documents and there would be no change in any of the fundamental attributes

or other terms and conditions governing the schemes as a result of the Proposed Transaction.

Approval for amendment of the Trust Deed

As provided in the MF Regulations, the Trust Deed and Scheme Information Document of schemes of DPMF / Statement

of Additional Information of DPMF, no amendment to the Trust Deed shall be carried out without the prior approval of

the unit holders of DPMF (such approval may be obtained in such other manner as determined by DPTL and permitted

by SEBI). As such, approval of unit holders is being sought through an exit option process under this Exit Option Letter.

A copy of the Trust Deed is available at the registered office of DPAM at DHFL Pramerica Asset Managers Private

Limited, 2nd floor, Nirlon House, Dr. Annie Besant Road, Worli, Mumbai- 400030 should you wish to review the same.

Notice to Unit Holders in relation to (i) Change in the Controlling Interest of DPAM pursuant to the Proposed

Transaction, and (ii) amendment to Trust Deed

While the Proposed Transaction will not affect the basic characteristic of the schemes of DPMF, Regulation 22(e) of

the MF Regulations requires that for a change in the controlling interest of an asset management company, in this case

DPAM, (i) a written communication about the proposed change to be sent to each unit holder and an advertisement to

be given in one English daily newspaper having nationwide circulation and in a newspaper published in the language of

the region where the head office of the mutual fund is situated; and (ii) the unit holders to be given an option to exit at

the prevailing net asset value (“NAV”) without any exit load for a period of 30 days.

In terms of Clause 17 of the Third Schedule of the MF Regulations and Clause 25 of the Trust Deed, prior approval of

SEBI and the unit holders of DPMF is required for amending the Trust Deed.

Accordingly, in accordance with the MF Regulations, and pursuant to the above mentioned approval of SEBI, this Exit

Option Letter serves as a communication to the unit holders of the schemes of DPMF about (i) the change in controlling

interest of DPAM and all other consequential changes; and (ii) amendment to the Trust Deed of DPMF, pursuant to the

Proposed Transaction and each unitholder is hereby given an option to exit his / her / its investment in the scheme(s) of

DPMF at the prevailing NAV without exit load (if any), if he / she / it disapproves the aforesaid Proposed

Transaction/amendments to the Trust Deed. The exit option will be available to all the unit holders of the schemes

as per the records of Karvy Fintech Pvt. Ltd. (the “Registrar”), as at the close of business hours on June 25, 2019.

The option to exit without exit load can be exercised from June 29, 2019 to July 28, 2019 (both days inclusive)

(“Exit Option Period”). All transaction requests received after July 28, 2019, will be subject to load, as may be

prevailing at that time in the respective schemes.

The redemption warrant/cheque will be mailed or the amount of redemption will be credited to the unit holder’s bank

account (as registered in the records of Registrar) within 10 (ten) working days from the date of receipt of the redemption

request.

The option to redeem without exit load during the Exit Option Period can be exercised in the following manner:

a) Unit holders can submit redemption request on any business day between June 29, 2019 to July 28, 2019 by

filling out the redemption slip provided in Exhibit IV or by filling the transaction slips and submitting the same

at the nearest investors service centre of DPAM or of the Registrar at the addresses mentioned in Exhibit V or

through depository participant (in case of units held in electronic (demat) mode) or though the website of DPMF

on www.dhflpramericamf.com.

b) The redemption requests received will be processed at the prevailing NAV as per the provisions contained in

the Scheme Information Documents without any exit load.

The offer to exit is merely an option and is not mandatory. If you have no objection to the proposed change in the

controlling interest of DPAM and the proposed changes as aforesaid, no action needs to be taken by you.

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Please note that unit holders who do not opt for redemption on or before July 28, 2019 shall be deemed to have consented

to the changes specified in this Exit Option Letter and shall continue to hold units in the schemes of DPMF.

With a view to enable you to make a well-informed decision, the condensed financial information of the schemes of

DPMF during last three financial years are provided in Exhibit III.

Please note that the exit option is available to all the unit holders of DHFL Pramerica Tax Plan and DHFL Pramerica

Long Term Equity Fund, open ended equity linked savings schemes with a statutory lock-in of 3 years and tax benefit,

other than unit holders whose units are under the statutory lock-in period i.e. under Section 80C of the Income-tax Act,

1961. The statutory lock-in period, being 3 years from the date of allotment, arises out of the scheme being classified as

Equity Linked Savings Scheme (ELSS) enjoying tax benefits. Unit holders who have pledged or encumbered their units

will not have the option to exit unless they procure a release of their pledges/encumbrances and appropriately

communicate the same to DPMF / Registrar prior to submission of redemption requests.

The expenses related to the Proposed Transaction and other consequential changes as outlined above will not be

charged to the unit holders of the schemes of DPMF.

As regards unit holders who redeem their investments during the Exit Option Period, the tax consequences as set forth

in the Statement of Additional Information of DPMF and Scheme Information Document of the respective scheme(s)

would apply. In view of individual nature of tax consequences, you are advised to consult your professional tax advisor

for detailed tax advice.

Details of unclaimed redemption and dividend amounts and procedure for claiming unclaimed dividend / redemption

amounts by unit holders as of May 31, 2019 is given in Exhibit II.

As a unit holder, you are requested to go through this communication carefully and consult your financial / tax advisors

in the event that you have any questions. In case you require any further information / assistance please contact DPAM

at the numbers listed in Exhibit V or visit the nearest investor service centre.

At DPAM, we are committed in our endeavor to provide you with world class investment options. We believe that we

are entering into an exciting and rewarding new phase for DPMF and its unit holders and look forward to your continued

support and partnership.

Thanking you,

Yours Faithfully,

For DHFL Pramerica Asset Managers Private Limited

(Investment Manager for DHFL Pramerica Mutual Fund)

Ajit Menon

Chief Executive Officer

Date: June 25, 2019

Place: Mumbai

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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Exhibit I

Draft Deed of Amendment

THIS Amendment to the Trust Deed (“Deed”) made on the _______ day of _________, 2019 (“Effective Date”),

amongst:

1. PGLH of Delaware, Inc., a corporation incorporated under the laws of the state of Delaware, United States of

America, under registered number 3540662, having its registered office at 1209 Orange Street, Wilmington,

DE, USA, 19801 (hereinafter referred to as “PGLH”, which expression shall unless it be repugnant to the

context or meaning thereof be deemed to mean and include its successors and permitted assigns), of the First

Part;

2. Prudential Financial, Inc., a corporation incorporated under the laws of State of New Jersey, USA, whose

registered office and its principal place of business is at 751, Broad Street, Newark, New Jersey 07102, U.S.A.

(hereinafter referred to as the “Remaining Sponsor”, which expression shall unless it be repugnant to the

context or meaning thereof be deemed to mean and include its successors and permitted assigns), of the Second

Part;

3. DHFL Pramerica Trustees Private Limited, a company incorporated under the laws of India and having its

registered office at 2nd floor, Nirlon House, Dr. Annie Besant Road, Worli, Mumbai 400 030 (hereinafter called

the “Trustee Company” or “Trustee”, which expression shall unless the context or meaning thereof otherwise

requires, be deemed to include its successors and permitted assigns), of the Third Part;

4. Dewan Housing Finance Corporation Limited, a company incorporated and existing under the laws of India,

with its registered office at 2nd Floor, Warden House, Sir P. M. Road, Fort, Mumbai- 400001 (hereinafter

referred to as “Exiting Sponsor”, which expression shall, where relevant to the context, be deemed to mean

and include its successors and permitted assigns) of the Fourth Part.

The Trustee Company, PGLH, the Exiting Sponsor and the Remaining Sponsor are hereinafter referred to individually

as a “Party” and collectively as the “Parties”.

WHEREAS:

(A) Pramerica Mutual Fund (“Mutual Fund”) was originally settled as a trust pursuant to a Trust Deed dated July

28, 2009 (“Original Trust Deed”), registered at the office of the Sub-Registrar of Mumbai under Serial No.

Mumbai – 3/6362/2/2009, by PGLH, in accordance with the provisions of the Indian Trusts Act, 1882. By an

Amendment to the Trust Deed dated April 20, 2010 (“Amendment Deed 1”), Remaining Sponsor was made

the co-settlor and sponsor of the Mutual Fund. Further by an Amendment to the Trust Deed dated September

18, 2015 (“Amendment Deed 2”), Exiting Sponsor was made the co-sponsor of the Mutual Fund. The name of

the Mutual Fund was also modified to “DHFL Pramerica Mutual Fund” with effect from date of Amendment

Deed 2. The Original Trust Deed along with the Amendment Deed 1 and Amendment Deed 2 is hereinafter

referred to as “Trust Deed”.

(B) The Trustee at the request of PGLH, agreed to act as the trustee of the Mutual Fund in accordance with terms

and conditions of the Trust Deed. The Trustee has been duly approved by SEBI to act as the trustee for the

Mutual Fund under the provisions of the Securities and Exchange Board of India (Mutual Funds) Regulations,

1996 (“SEBI Regulations”). The name of the Trustee Company was changed to “DHFL Pramerica Trustees

Private Limited” from “Pramerica Trustees Private Limited” with effect from August 25, 2015.

(C) DHFL Pramerica Asset Managers Private Limited, a company incorporated under the laws of India and having

its registered office at 2nd floor, Nirlon House, Dr. Annie Besant Road, Worli, Mumbai 400 030 (“DPAM”), is

the asset management company of the Mutual Fund and is approved as such by SEBI under the SEBI

Regulations. The name of DPAM was changed to “DHFL Pramerica Asset Managers Private Limited” from

“Pramerica Asset Managers Private Limited” with effect from August 25, 2015.

(D) The Remaining Sponsor having acquired, through PGLH, 50% of the paid-up share capital of DPAM held

directly and indirectly by the Exiting Sponsor, is deemed to be sole sponsor of the Mutual Fund under SEBI

Regulations. The Remaining Sponsor is, with effect from the Effective Date, referred to as “Sponsor”. All

references in the Deed of Trust to a Sponsor shall mean a reference only to the Remaining Sponsor.

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(E) Consequent to the departure of an existing co-sponsor of the Mutual Fund as aforesaid and receipt of approval

from the Securities and Exchange Board of India (“SEBI”) and unitholders for the variation of, and amendments

to, the Trust Deed as contemplated in this Deed, the Parties have agreed to amend certain provisions of the Trust

Deed and to novate the Trust Deed.

(F) The Exiting Sponsor has agreed to and will retire and be replaced by the Remaining Sponsor as the sole sponsor

of the Mutual Fund. The Exiting Sponsor, Remaining Sponsor and the Trustee Company have agreed to amend

and change the name of the Mutual Fund.

(G) The Parties have agreed to record their agreement and to carry out the amendments to the Trust Deed as set out

herein, by executing this Deed.

THIS DEED WITNESSETH AS FOLLOWS:

1. INTERPRETATION

1.1 Capitalized terms and expressions used herein shall, unless otherwise defined herein, or unless the context

otherwise requires, have the meanings ascribed to them in the Trust Deed.

1.2 All terms and conditions regarding the interpretation and construction of the Trust Deed shall be deemed to be

incorporated herein.

2. THE SPONSOR

2.1 In consideration of the Remaining Sponsor agreeing to assume the rights, obligations, responsibilities and duties

under the Deed of Trust for the continuing benefit of the beneficiaries, the Exiting Sponsor agrees to retire, with

effect from the Effective Date, as the co-sponsor of the Mutual Fund.

2.2 The trust created pursuant to the Trust Deed shall be deemed to be varied and novated from the date hereof with

the Remaining Sponsor as the sole sponsor of the Mutual Fund. For the avoidance of doubt, it is hereby clarified

that the trust created under the Trust Deed continues to exist and this Deed does not result in creating a new

trust or reconstitution of the trust.

2.3 The Remaining Sponsor declares and confirms that from the Effective Date, it will assume the rights and

undertakes to fulfil the obligations, responsibilities and duties as the sole sponsor of the Mutual Fund under the

Trust Deed for the benefit of the beneficiaries. The Exiting Sponsor is hereby released from all rights and

liabilities arising under the Deed of Trust from the Effective Date.

3. AMENDMENTS TO THE TRUST DEED

3.1 All references to the Trustee or DHFL Pramerica Trustee Private Limited in the Trust Deed shall hereafter be

deemed to be references to PGIM India Trustees Private Limited with effect from the date of issuance by the

ROC of the revised certificate of incorporation bearing the name ‘PGIM India Trustees Private Limited’.

3.2 All references to the term “Trust” or the “Mutual Fund” in the Deed of Trust shall be amended to read as the

“PGIM India Mutual Fund”.

3.3 All references in the Trust Deed to “Sponsor” shall mean a reference to the Remaining Sponsor.

3.4 In Section 1.1 of the Trust Deed, the definition of “DHFL Pramerica Mutual Fund” shall be substituted with

the following and all references to the DHFL Pramerica Mutual Fund in the Trust Deed shall hereafter be

deemed to be references to PGIM India Mutual Fund:

“PGIM India Mutual Fund” means, a mutual fund established in the form of a trust by the Settlor pursuant to

this Trust Deed, to raise monies through the issue of Units under one or more Schemes, either from the public

generally or from any sections of the public, which the Trustee may determine from time to time, and for

investing the monies, so raised in Investments in accordance with this Trust Deed, SEBI Regulations and

applicable Law.

3.5 In Section 1.1 of the Trust Deed, the definition of “DHFL Pramerica AMC ” shall, with effect from the date

of issuance by the ROC of the revised certificate of incorporation bearing the name ‘PGIM India Asset

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Management Private Limited’, be substituted with the following and all references to the DHFL Pramerica

AMC in the Trust Deed shall thereafter be deemed to be references to PGIM India Asset Management Private

Limited:

“PGIM India Asset Management Private Limited” means PGIM India Asset Management Private Limited, a

company incorporated under the provisions of (Indian) Companies Act, 1956 and having its registered office at

Mumbai.

3.6 In Section 1.1. of the Trust Deed, the definition of “Trust” shall, be PGIM India Mutual Fund’, be substituted

with the following:

“Trust” means “PGIM India Mutual Fund”.

3.7 In existing Clause 27.1 of the Original Trust Deed, the following shall be deleted:

New Co Sponsor : DHFL

Address : 10th Floor, TCG Financial Centre,

BKC Road, Bandra Kurla Complex,

Bandra East, Mumbai – 400 098

Attn. : Ms. Niti Arya, Secretarial team

Fax : +91-22-26583344

4. EFFECTIVENESS OF THE DEED

This Deed shall be effective as of the Effective Date. The Deed shall be contemporaneous with and shall remain

in full force and effect for the duration of the Trust Deed and shall automatically terminate upon the earlier of

the termination or expiry of the Trust Deed, in accordance with the terms thereof. Except to the extent amended

by this Deed, the Trust Deed shall remain in full force and effect and the terms and conditions therefore shall

remain unaltered and binding on the Parties thereto.

IN WITNESS WHEREOF each of the Parties has caused this Deed to be executed by its duly authorized representative

as of the date first written above.

For and on behalf of

PGLH of Delaware, Inc.

By: ____________________

Name:

Title: Authorized Signatory

Date:

For and on behalf of

Prudential Financial, Inc.

By: ____________________

Name:

Title: Authorized Signatory

Date:

For and on behalf of

DHFL Pramerica Trustees Private Limited

By: ____________________

Name:

Title: Authorized Signatory

Date:

For and on behalf of

Dewan Housing Finance Corporation Limited

By: ____________________

Name:

Title: Authorized Signatory

Date:

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Exhibit II

Details of unclaimed redemption and dividend amounts and procedure for claiming unclaimed redemption /

dividend amounts by unit holders as on 31st May 2019

Scheme Name Unclaimed Redemption Unclaimed Dividend

Amount (in

INR)

No. of

Investors Amount (in INR) No. of Investors

DHFL Pramerica Arbitrage Fund - 0 318.88 2

DHFL Pramerica Capital Protection

Oriented Fund 79,886.70 2 - 0

DHFL Pramerica Credit Risk Fund 19,256.28 5 2,087.82 2

DHFL Pramerica Diversified Equity

Fund 1,20,484.99 4 15,242.95 12

DHFL Pramerica Dynamic Bond

Fund 19,134.20 1 - 0

DHFL Pramerica Equity Savings

Fund 94,866.40 8 1,90,898.02 156

DHFL Pramerica Euro Equity Fund 6,89,126.14 32 20,196.20 24

DHFL Pramerica Fixed Maturity

Plan - Series 68 29,988.78 1

- 0

DHFL Pramerica Fixed Term Fund

- Series 43 1,64,452.70 7 1,074.60 6

DHFL Pramerica Fixed Term Fund

- Series 16

- 0

944.20 2

DHFL Pramerica Fixed Term Fund

- Series 17 1,15,374.60 2

- 0

DHFL Pramerica Fixed Term Fund

- Series 35 128.80 2 94.30 1

DHFL Pramerica Fixed Term Fund

- Series 50 7,64,754.60 8 5.50 2

DHFL Pramerica Fixed Term Fund

- Series 52 - Regular Plan -

Dividend

- 0

157.20 1

DHFL Pramerica Fixed Term Fund

- Series 59 49,526.00 14 3,615.10 2

DHFL Pramerica Fixed Term Fund

- Series 60 2,32,616.40 1

- 0

DHFL Pramerica Fixed Term Fund

- Series 62 7,762.20 1

- 0

DHFL Pramerica Fixed Term Fund

- Series 72 641.70 1 327.90 1

DHFL Pramerica Fixed Term Fund

- Series 76

- 0

454.70 1

DHFL Pramerica Fixed Term Fund

- Series 78

- 0

1,09,931.00 4

DHFL Pramerica Fixed Term Fund

- Series 93 53,023.60 2

- 0

DHFL Pramerica Fixed Term Fund

- Series 96 1.10 1

- 0

DHFL Pramerica Floating Rate

Fund 2,156.78 1 2,487.11 1

DHFL Pramerica Gilt Fund - 0 9,699.50 1

DHFL Pramerica Global Equity

Opportunities Fund 57,455.99 5 1,741.00 3

DHFL Pramerica Hybrid Debt Fund - 0 31,617.45 45

DHFL Pramerica Hybrid Equity

Fund 20,82,271.48 87 9,72,087.38 457

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Page 9 of 24

DHFL Pramerica Hybrid Fixed

Term Fund - Series 1 1,14,364.20 3 4,291.40 6

DHFL Pramerica Hybrid Fixed

Term Fund - Series 10 23,10,699.85 12 88,036.80 7

DHFL Pramerica Hybrid Fixed

Term Fund - Series 11 3,20,064.16 3 25,173.20 2

DHFL Pramerica Hybrid Fixed

Term Fund - Series 12 44,062.68 2

- 0

DHFL Pramerica Hybrid Fixed

Term Fund - Series 13 8,79,804.35 6

- 0

DHFL Pramerica Hybrid Fixed

Term Fund - Series 14

- 0 -

2

DHFL Pramerica Hybrid Fixed

Term Fund - Series 3 17,260.90 1

- 0

DHFL Pramerica Hybrid Fixed

Term Fund - Series 4

- 0

1,29,674.20 4

DHFL Pramerica Hybrid Fixed

Term Fund - Series 5 15,36,388.16 3 73,254.90 2

DHFL Pramerica Hybrid Fixed

Term Fund - Series 6 1,27,485.70 2

- 0

DHFL Pramerica Hybrid Fixed

Term Fund - Series 7

- 0

41,533.50 2

DHFL Pramerica Hybrid Fixed

Term Fund - Series 8

- 0

7,178.30 3

DHFL Pramerica Hybrid Fixed

Term Fund - Series 9

- 0

37,694.50 2

DHFL Pramerica Hybrid Fixed

Term Fund Series - 26 38,015.92 1

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 31 1,02,503.65 2

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 32 3,62,741.01 3

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 33 1,23,042.23 1

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 34 4,12,724.51 3

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 35 12,11,095.73 1

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 37 6,05,658.64 1

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 39 30,57,740.02 7

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 40 43,21,826.43 25

- 0

DHFL Pramerica Hybrid Fixed

Term Fund Series 41 34,31,079.86 14 3,079.41 1

DHFL Pramerica Insta Cash Fund 2,17,009.79 40 63,506.60 22

DHFL Pramerica Large Cap Fund 31,70,014.54 121 34,88,866.62 2846

DHFL Pramerica Large Cap Fund

Series 1 6,82,456.97 1

- 0

DHFL Pramerica Large Cap Fund

Series 3 9,96,049.71 2

- 0

DHFL Pramerica Long Term Equity

Fund

- 0

2,95,005.78 90

DHFL Pramerica Low Duration

Fund 4,12,125.38 16 9,544.90 16

DHFL Pramerica Medium Term

Fund 1,094.94 1

- 0

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DHFL Pramerica Mid Cap Fund

Series 1 2,42,363.17 8 6,809.58 4

DHFL Pramerica Midcap

Opportunities Fund 1,48,891.67 4 10,005.32 9

DHFL Pramerica Mip Fund Plan-B - 0 13,873.30 9

DHFL Pramerica Premier Bond

Fund 71,900.20 5 83,811.08 155

DHFL Pramerica Short Maturity

Fund 1,74,775.22 2 3,99,868.40 61

DHFL Pramerica Tax Plan 33,33,736.45 168 42,95,494.49 3429

DHFL Pramerica Ultra Short Term

Fund 1,98,277.69 10 1,726.00 21

Procedure for claiming unclaimed redemption amounts/ dividends

In adherence to SEBI guidelines, redemption/dividend amounts which are unclaimed beyond 3 months, are invested

into the liquid scheme under a separate plan. The request for claiming any amount lying under unclaimed

redemption/dividend, should be made by the unit holder to the offices of the Registrar & Transfer Agents or Investor

Service Centre / Official Points of Acceptance of DPMF at the addresses mentioned in Exhibit V. The investor should

provide the folio number, scheme name and the details of the redemption/dividend amount which was not received. The

details provided will be verified with the unclaimed records invested in the liquid scheme and the unclaimed amount

along with the income accrued from the liquid scheme investment will be redeemed and remitted to the registered bank

account of the investor. In case you require any further information /assistance please contact DHFL Pramerica AMC

at the Toll Free Number: - 1800 266 2667 or visit the nearest Investor Service Centre / Official Points of Acceptance of

DPMF.

Page 11: Sub: Proposed change in controlling interest of DHFL ... · controlling interest of DPAM and amendments to the Trust Deed under the provisions of SEBI (Mutual Funds) Regulations,

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Exhibit III

Condensed financial information for all the schemes launched by DHFL Pramerica Mutual Fund during last

three fiscal years (excluding redeemed schemes)

Particulars DHFL Pramerica Fixed Duration Fund

Series-29

DHFL Pramerica Fixed Duration

Fund Series-31

Date of Allotment 08-Aug-16 23-Aug-16

Financial Year 2018-19 2017-18 2016-17 2018-19 2017-18 2016-17

NAV at the beginning of the year

(Rs.)

Regular Plan - Growth option 1126.6257 1055.4675 N.A 1117.3191 1048.9252 N.A

Regular Plan - Dividend option 1126.6344 1055.4682 N.A 1117.3216 1048.9259 N.A

Direct Plan - Growth option 1129.6031 1056.5082 N.A 1123.8276 1051.077 N.A

Dividend paid during the year

(Rs.) - - - - - -

NAV at the end of the year (Rs.)

Regular Plan - Growth option 1209.7698 1126.6257 1055.4675 1197.0667 1117.3191 1048.9252

Regular Plan - Dividend option 1209.7769 1126.6344 1055.4682 1197.0674 1117.3216 1048.9259

Direct Plan - Growth option 1215.2629 1129.6031 1056.5082 1208.8723 1123.8276 1051.077

Annualized returns (%) *

Regular Plan - Growth option 7.38% 6.74% N.A 7.13% 6.52% N.A

Direct Plan - Growth option 7.58% 6.92% N.A 7.56% 6.80% N.A

Absolute Return (%) **

Regular Plan - Growth option N.A N.A 5.55% N.A N.A 4.89%

Direct Plan - Growth option N.A N.A 5.65% N.A N.A 5.11%

Benchmark returns (%) 6.70% 5.11% 5.78% 6.70% 5.11% 5.23%

Benchmark CRISIL COMPOSITE BOND FUND

INDEX

CRISIL COMPOSITE BOND FUND

INDEX

Standard Benchmark Returns

(%) 7.34% 5.92% 4.36% 7.34% 5.92% 4.06%

Standard Benchmark CRISIL 1 YEAR T-BILL INDEX CRISIL 1 YEAR T-BILL INDEX

Net Asset at the end of year /

period (Rs. in crores) 48.64 45.21 42.28 51.64 48.03 44.94

Ratio of Recurring Expenses to

net assets (% of AAUM) 0.16% 0.05% 0.05% 0.22% 0.09% 0.09%

Page 12: Sub: Proposed change in controlling interest of DHFL ... · controlling interest of DPAM and amendments to the Trust Deed under the provisions of SEBI (Mutual Funds) Regulations,

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Particulars DHFL Pramerica Fixed Duration Fund

Series AA

DHFL Pramerica Fixed Duration

Fund Series AB

Date of Allotment 30-Nov-16 17-Feb-17

Financial Year 2018-19 2017-18 2016-17 2018-19 2017-18 2016-17

NAV at the beginning of the year (Rs.)

Regular Plan - Growth option 1108.5364 1019.4332 N.A 1092.529 1007.3269 N.A

Regular Plan - Dividend option N.A N.A N.A 1092.53 1007.3274 N.A

Regular Plan - Quarterly Dividend option 1108.591 1019.428 N.A 1092.5987 1007.3293 N.A

Regular Plan - Annual Dividend option 1108.5253 1019.446 N.A 1092.877 1007.37 N.A

Direct Plan - Growth option 1109.6403 1019.6463 N.A 1095.8754 1007.6236 N.A

Direct Plan - Quarterly Dividend option 1109.6091 1019.6474 N.A N.A N.A N.A

Dividend paid during the year (Rs.) - - - - - -

NAV at the end of the year (Rs.)

Regular Plan - Growth option 1180.4365 1108.5364 1019.4332 1154.7713 1092.529 1007.3269

Regular Plan - Dividend option N.A N.A N.A 1154.7723 1092.53 1007.3274

Regular Plan - Quarterly Dividend option 1180.576 1108.591 1019.428 1154.8693 1092.5987 1007.3293

Regular Plan - Annual Dividend option 1180.468 1108.5253 1019.446 1155.49 1092.877 1007.37

Direct Plan - Growth option 1182.6535 1109.6403 1019.6463 1161.5939 1095.8754 1007.6236

Direct Plan - Quarterly Dividend option 1182.5986 1109.6091 1019.6474 N.A N.A N.A

Annualized returns (%) *

Regular Plan - Growth option 6.48% 7.86% N.A 5.69% 8.46% N.A

Direct Plan - Growth option 6.57% 8.83% N.A 5.99% 8.76% N.A

Absolute Return (%) **

Regular Plan - Growth option N.A N.A 1.94% N.A N.A 0.73%

Direct Plan - Growth option N.A N.A 1.96% N.A N.A 0.76%

Benchmark returns (%) 6.70% 5.11% -0.50% 6.70% 5.11% 1.30%

Benchmark CRISIL COMPOSITE BOND FUND

INDEX

CRISIL COMPOSITE BOND FUND

INDEX

Standard Benchmark Returns (%) 7.34% 5.92% 1.80% 7.34% 5.92% 0.76%

Standard Benchmark CRISIL 1 YEAR T-BILL INDEX CRISIL 1 YEAR T-BILL INDEX

Net Asset at the end of year / period

(Rs. in crores) 44.65 41.91 38.53 66.58 62.97 58.05

Ratio of Recurring Expenses to net

assets (% of AAUM) 1.19% 0.47% 0.42% 1.89% 0.71% 0.61%

Page 13: Sub: Proposed change in controlling interest of DHFL ... · controlling interest of DPAM and amendments to the Trust Deed under the provisions of SEBI (Mutual Funds) Regulations,

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Particulars DHFL Pramerica Fixed Duration Fund Series

AC

DHFL Pramerica Fixed Duration

Fund Series AE

Date of Allotment 08-Mar-17 21-Mar-17

Financial Year 2018-19 2017-18 2016-17 2018-19 2017-18 2016-17

NAV at the beginning of the

year (Rs.)

Regular Plan - Growth option 1089.0796 1006.834 N.A 1073.5609 1005.535 N.A

Regular Plan - Dividend

option 1089.0809 1006.834 N.A 1074.006 1005.554 N.A

Regular Plan - Quarterly

Dividend option 1089.0977 1006.834 N.A N.A N.A N.A

Regular Plan - Annual

Dividend option 1089.578 1006.854 N.A 1074.006 1005.554 N.A

Direct Plan - Growth option 1094.9121 1007.106 N.A 1074.6714 1005.5654 N.A

Direct Plan - Dividend option 1094.325 1007.105 N.A N.A N.A N.A

Direct Plan - Annual Dividend

option 1094.0927 1007.0982 N.A 1074.6675 1005.5652 N.A

Dividend paid during the

year (Rs.) - - - - - -

NAV at the end of the year

(Rs.)

Regular Plan - Growth option 1151.3273 1089.0796 1006.834 1155.6598 1073.5609 1005.535

Regular Plan - Dividend

option 1151.3357 1089.0809 1006.834 1156.3 1074.006 1005.554

Regular Plan - Quarterly

Dividend option 1151.3258 1089.0977 1006.834 N.A N.A N.A

Regular Plan - Annual

Dividend option 1152.48 1089.578 1006.854 1156.3 1074.006 1005.554

Direct Plan - Growth option 1167.1815 1094.9121 1007.106 1158.0291 1074.6714 1005.5654

Direct Plan - Dividend option 1162.263 1094.325 1007.105 N.A N.A N.A

Direct Plan - Annual Dividend

option 1161.7774 1094.0927 1007.0982 1158.0014 1074.6675 1005.5652

Annualized returns (%) *

Regular Plan - Growth option 5.71% 8.17% N.A 7.65% 6.77% N.A

Direct Plan - Growth option 6.59% 8.72% N.A 7.76% 6.87% N.A

Absolute Return (%) **

Regular Plan - Growth option N.A N.A 0.68% N.A N.A 0.55%

Direct Plan - Growth option N.A N.A 0.71% N.A N.A 0.56%

Benchmark returns (%) 6.70% 5.11% 1.56% 6.70% 5.11% 1.13%

Benchmark CRISIL COMPOSITE BOND FUND INDEX CRISIL COMPOSITE BOND FUND

INDEX

Standard Benchmark

Returns (%) 7.34% 5.92% 0.44% 7.34% 5.92% 0.16%

Standard Benchmark CRISIL 1 YEAR T-BILL INDEX CRISIL 1 YEAR T-BILL INDEX

Net Asset at the end of year /

period (Rs. in crores) 23.40 22.01 20.28 162.53 150.84 141.15

Ratio of Recurring Expenses

to net assets (% of AAUM) 1.39% 0.50% 0.46% 0.10% 0.06% 0.05%

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Page 14 of 24

Particulars DHFL Pramerica Fixed Duration Fund

Series AG

DHFL Pramerica Fixed Duration Fund

Series AF

Date of Allotment 24-Mar-17 30-Mar-17

Financial Year 2018-19 2017-18 2016-17 2018-19 2017-18 2016-17

NAV at the beginning of the

year (Rs.)

Regular Plan - Growth option 1069.5889 1001.5344 N.A 1079.9028 1001.2194 N.A

Regular Plan - Quarterly

Dividend option N.A N.A N.A 1079.8899 1001.2196 N.A

Regular Plan - Annual

Dividend option N.A N.A N.A 1079.9243 1001.2197 N.A

Direct Plan - Growth option 1070.7012 1001.5564 N.A 1083.383 1001.237 N.A

Direct Plan - Annual Dividend

option N.A N.A N.A 1083.3676 1001.2372 N.A

Dividend paid during the

year (Rs.) - - - - - -

NAV at the end of the year

(Rs.)

Regular Plan - Growth option 1150.6213 1069.5889 1001.5344 1158.2281 1079.9028 1001.2194

Regular Plan - Quarterly

Dividend option N.A N.A N.A 1158.195 1079.8899 1001.2196

Regular Plan - Annual

Dividend option N.A N.A N.A 1158.2501 1079.9243 1001.2197

Direct Plan - Growth option 1153.1174 1070.7012 1001.5564 1165.761 1083.383 1001.237

Direct Plan - Annual Dividend

option N.A N.A N.A 1165.7507 1083.3676 1001.2372

Annualized returns (%) *

Regular Plan - Growth option 7.58% 6.80% N.A 7.25% 7.86% N.A

Direct Plan - Growth option 7.70% 6.90% N.A 7.60% 8.20% N.A

Absolute Return (%) **

Regular Plan - Growth option N.A N.A 0.15% N.A N.A 0.12%

Direct Plan - Growth option N.A N.A 0.16% N.A N.A 0.12%

Benchmark returns (%) 6.70% 5.11% 0.59% 6.70% 5.11% 0.06%

Benchmark CRISIL COMPOSITE BOND FUND

INDEX

CRISIL COMPOSITE BOND FUND

INDEX

Standard Benchmark

Returns (%) 7.34% 5.92% 0.09% 7.34% 5.92% 0.01%

Standard Benchmark CRISIL 1 YEAR T-BILL INDEX CRISIL 1 YEAR T-BILL INDEX

Net Asset at the end of year /

period (Rs. in crores) 52.24 48.51 45.37 24.40 22.72 21.05

Ratio of Recurring Expenses

to net assets (% of AAUM) 0.05% 0.05% 0.06% 0.48% 0.42% 0.43%

Page 15: Sub: Proposed change in controlling interest of DHFL ... · controlling interest of DPAM and amendments to the Trust Deed under the provisions of SEBI (Mutual Funds) Regulations,

Page 15 of 24

Particulars DHFL Pramerica Dual

Advantage Fund Series - 1

DHFL Pramerica

Fixed Duration Fund

- Series AH

DHFL Pramerica Fixed

Duration Fund - Series

AP

Date of Allotment 24-Mar-17 19-Jul-17 01-Mar-18

Financial Year 2018-19 2017-18 2016-17 2018-19 2017-18 2018-19 2017-18

NAV at the beginning of the year

(Rs.)

Regular Plan - Growth option 10.6547 10.0221 N.A 1038.399 N.A 1011.6203 N.A

Regular Plan - Dividend option 10.6547 10.0221 N.A N.A N.A 1011.658 N.A

Regular Plan - Quarterly Dividend

option 10.6542 10.0221 N.A 1038.398 N.A N.A N.A

Regular Plan - Annual Dividend

option 10.6549 10.0221 N.A 1038.397 N.A N.A N.A

Direct Plan - Growth option 10.7736 10.0243 N.A 1039.166 N.A 1012.1576 N.A

Direct Plan - Dividend option 10.7724 10.0243 N.A N.A N.A N.A N.A

Direct Plan - Quarterly Dividend

option 10.7735 10.0243 N.A 1039.193 N.A N.A N.A

Direct Plan - Annual Dividend

option N.A N.A N.A 1039.125 N.A N.A N.A

Dividend paid during the year

(Rs.) - - - - - - -

NAV at the end of the year (Rs.)

Regular Plan - Growth option 11.1599 10.6547 10.0221 1113.824 1038.399 1080.214 1011.6203

Regular Plan - Dividend option 11.1599 10.6547 10.0221 N.A N.A 1080.744 1011.658

Regular Plan - Quarterly Dividend

option 11.1588 10.6542 10.0221 1113.826 1038.398 N.A N.A

Regular Plan - Annual Dividend

option 11.1603 10.6549 10.0221 1113.827 1038.397 N.A N.A

Direct Plan - Growth option 11.4058 10.7736 10.0243 1116.238 1039.166 1087.5274 1012.1576

Direct Plan - Dividend option 11.4025 10.7724 10.0243 N.A N.A N.A N.A

Direct Plan - Quarterly Dividend

option 11.4056 10.7735 10.0243 1115.811 1039.193 N.A N.A

Direct Plan - Annual Dividend

option N.A N.A N.A 1115.686 1039.125 N.A N.A

Annualized returns (%) *

Regular Plan - Growth option 4.72% 8.84% N.A 7.26% 5.65% 6.78% 15.09%

Direct Plan - Growth option 5.85% 10.73% N.A 7.42% 5.54% 7.45% 15.84%

Absolute Return (%) **

Regular Plan - Growth option N.A N.A 0.22% N.A 3.84% N.A 1.16%

Direct Plan - Growth option N.A N.A 0.24% N.A 3.92% N.A 1.22%

Benchmark returns (%) 7.64% 6.26% 0.65% 6.70% 1.48% 6.70% 2.20%

Benchmark

CRISIL HYBRID

85+15 -

CONSERVATIVE

INDEX

CRISIL

MIP

Blended

Fund Index

CRISIL COMPOSITE

BOND FUND INDEX

CRISIL COMPOSITE

BOND FUND INDEX

Standard Benchmark Returns

(%) 7.34% 5.92% 0.09% 7.34% 4.23% 7.34% 0.78%

Standard Benchmark CRISIL 1 YEAR T-BILL INDEX

CRISIL 1 YEAR T-

BILL INDEX

CRISIL 1 YEAR T-BILL

INDEX

Net Asset at the end of year /

period (Rs. in crores) 25.24 24.10 22.67 111.63 103.92 109.99 102.39

Ratio of Recurring Expenses to

net assets (% of AAUM) 2.30% 2.35% 2.16% 0.26% 0.07% 0.09% 0.06%

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Page 16 of 24

Particulars DHFL Pramerica Fixed

Duration Fund Series AQ

DHFL Pramerica Fixed

Duration Fund Series AR

DHFL Pramerica Fixed

Duration Fund - Series AT

Date of Allotment 08-Mar-18 14-Mar-18 21-Mar-18

Financial Year 2018-19 2017-18 2018-19 2017-18 2018-19 2017-18

NAV at the beginning of the

year (Rs.)

Regular Plan - Growth option 1009.4077 N.A 1004.4781 N.A 1003.365 N.A

Regular Plan - Dividend

option N.A N.A 1004.4775 N.A 1003.3652 N.A

Regular Plan - Quarterly

Dividend option N.A N.A 1004.4805 N.A 1003.365 N.A

Direct Plan - Growth option 1010.0473 N.A 1004.924 N.A 1003.6377 N.A

Direct Plan - Dividend option 1010.07 N.A N.A N.A N.A N.A

Dividend paid during the

year (Rs.) - - - - - -

NAV at the end of the year

(Rs.)

Regular Plan - Growth option 1074.6786 1009.4077 1001.3141 1004.4781 979.4532 1003.365

Regular Plan - Dividend

option N.A N.A 1001.3106 1004.4775 979.4572 1003.3652

Regular Plan - Quarterly

Dividend option N.A N.A 1001.3705 1004.4805 979.452 1003.365

Direct Plan - Growth option 1085.3824 1010.0473 1010.6329 1004.924 987.5251 1003.6377

Direct Plan - Dividend option 1085.552 1010.07 N.A N.A N.A N.A

Annualized returns (%) *

Regular Plan - Growth option 6.47% 16.02% -0.30% 10.07% -2.37% 13.05%

Direct Plan - Growth option 7.46% 17.19% 0.58% 11.64% -1.59% 14.17%

Absolute Return (%) **

Regular Plan - Growth option N.A 0.94% N.A 0.45% N.A 0.34%

Direct Plan - Growth option N.A 1.00% N.A 0.49% N.A 0.36%

Benchmark returns (%) 6.70% 1.77% 6.70% 1.57% 6.70% 1.13%

Benchmark CRISIL COMPOSITE BOND

FUND INDEX

CRISIL COMPOSITE

BOND FUND INDEX

CRISIL COMPOSITE

BOND FUND INDEX

Standard Benchmark

Returns (%) 7.34% 0.65% 7.34% 0.46% 7.34% 0.32%

Standard Benchmark CRISIL 1 YEAR T-BILL

INDEX

CRISIL 1 YEAR T-BILL

INDEX

CRISIL 1 YEAR T-BILL

INDEX

Net Asset at the end of year

/ period (Rs. in crores) 109.71 102.19 33.19 33.13 23.88 24.28

Ratio of Recurring

Expenses to net assets (% of

AAUM) 0.16% 0.10% 0.44% 0.45% 0.12% 0.14%

Particulars DHFL Pramerica Fixed

Duration Fund - Series AU

DHFL Pramerica Fixed

Duration Fund - Series AY

#

DHFL

Pramerica

Fixed Duration

Fund - Series

AZ #

Date of Allotment 22-Mar-18 31-May-18 15-Jun-18

Financial Year 2018-19 2017-18 2018-19 2018-19

NAV at the beginning of the year (Rs.)

Regular Plan - Growth option 1003.2857 N.A N.A N.A

Regular Plan - Dividend option 1003.2848 N.A N.A N.A

Regular Plan - Quarterly Dividend option 1003.296 N.A N.A N.A

Direct Plan - Growth option 1003.5056 N.A N.A N.A

Dividend paid during the year (Rs.) - - - -

NAV at the end of the year (Rs.)

Regular Plan - Growth option 988.126 1003.2857 1085.7644 971.1871

Regular Plan - Dividend option 988.1111 1003.2848 N.A 971.1853

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Page 17 of 24

Regular Plan - Quarterly Dividend option 988.532 1003.296 N.A N.A

Direct Plan - Growth option 996.539 1003.5056 1087.8504 972.8705

Annualized returns (%) *

Regular Plan - Growth option NA 14.23% N.A N.A

Direct Plan - Growth option -0.67% 15.25% N.A N.A

Absolute Return (%) **

Regular Plan - Growth option N.A 0.33% 8.58% -2.88%

Direct Plan - Growth option N.A 0.35% 8.79% -2.71%

Benchmark returns (%) 6.70% 1.03% 8.01% 8.10%

Benchmark CRISIL COMPOSITE

BOND FUND INDEX

CRISIL COMPOSITE

BOND FUND INDEX

CRISIL

COMPOSITE

BOND FUND

INDEX

Standard Benchmark Returns (%) 7.34% 0.31% 6.63% 6.48%

Standard Benchmark CRISIL 1 YEAR T-BILL

INDEX

CRISIL 1 YEAR T-BILL

INDEX

CRISIL 1

YEAR T-BILL

INDEX

Net Asset at the end of year / period (Rs.

in crores) 66.18 66.72 284.90 25.80

Ratio of Recurring Expenses to net assets

(% of AAUM) 0.19% 0.16% 0.08% 0.19%

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Particulars

DHFL

Pramerica

Fixed Duration

Fund - Series

BA #

DHFL

Pramerica

Fixed Duration

Fund - Series

BB #

DHFL

Pramerica

Fixed Duration

Fund - Series

BC #

DHFL

Pramerica

Fixed Duration

Fund - Series

BE #

Date of Allotment 19-Jun-18 17-Jul-18 07-Aug-18 30-Aug-18

Financial Year 2018-19 2018-19 2018-19 2018-19

NAV at the beginning of the year (Rs.)

Regular Plan - Growth option N.A N.A N.A N.A

Regular Plan - Dividend option N.A N.A N.A N.A

Regular Plan - Quarterly Dividend option N.A N.A N.A N.A

Direct Plan - Growth option N.A N.A N.A N.A

Direct Plan - Dividend option N.A N.A N.A N.A

Dividend paid during the year (Rs.) - - - -

NAV at the end of the year (Rs.)

Regular Plan - Growth option 1082.1542 1067.4372 1039.1435 958.5396

Regular Plan - Dividend option 1082.1538 1067.548 1039.1433 958.722

Regular Plan - Quarterly Dividend option 1082.1336 1067.7207 1039.2917 958.4956

Direct Plan - Growth option 1084.5479 1070.0843 1043.261 961.7904

Direct Plan - Dividend option N.A N.A 1043.288 N.A

Annualized returns (%) *

Regular Plan - Growth option N.A N.A N.A N.A

Direct Plan - Growth option N.A N.A N.A N.A

Absolute Return (%) **

Regular Plan - Growth option 8.22% 6.74% 3.91% -4.15%

Direct Plan - Growth option 8.45% 7.01% 4.33% -3.82%

Benchmark returns (%) 7.88% 6.71% 6.32% 6.42%

Benchmark

CRISIL

COMPOSITE

BOND FUND

INDEX

CRISIL

COMPOSITE

BOND FUND

INDEX

CRISIL

COMPOSITE

BOND FUND

INDEX

CRISIL

COMPOSITE

BOND FUND

INDEX

Standard Benchmark Returns (%) 6.42% 5.94% 5.55% 5.17%

Standard Benchmark CRISIL 1 YEAR

T-BILL INDEX

CRISIL 1 YEAR

T-BILL INDEX

CRISIL 1 YEAR

T-BILL INDEX

CRISIL 1 YEAR

T-BILL INDEX

Net Asset at the end of year / period (Rs. in

crores) 21.78 23.42 111.76 46.97

Ratio of Recurring Expenses to net assets (%

of AAUM) 0.16% 0.17% 0.50% 0.39%

The ratio of expenses to average daily net assets by percentage has been annualised for the respective period.

# Launched during the year

N.A. : Not Applicable

* Return during the year has been calculated as on March 31, 2019 for the growth plans of the respective schemes, considering

Movement of NAV during the year.

*** : For scheme that have not completed one year at the end of the respective year, returns for such periods are given as absolute

returns and not annualized. Different plans have different expense structure.

Past performance may or may not be sustained in future.

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Exhibit IV

Redemption Transaction Slip

Form for providing redemption request from the Schemes of DHFL Pramerica Mutual Fund

I/We have read and understood the communication sent DHFL Pramerica Asset Managers Private Limited dated June

25, 2019 and would like to redeem the units from schemes of DHFL Pramerica Mutual Fund as per details given below:

Folio No*. ________________________________

Name of the Scheme(s) :_____________________________________________

All Schemes*

Amount: Rs. ____________ (Rs. in words _______________________)

Number of Units ___________/ All Units

(Please tick () the relevant options and fill relevant details)

First / Sole Unit holder/Guardian Second Unit holder Third Unit holder

Name: Name: Name:

_______________________ _____________________ _______________________

(Signature) (Signature) (Signature)

*For partial redemptions across multiple schemes, please submit individual Redemption Transaction Slip for each of

the Schemes.

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Exhibit V

Investor service centre and official points of acceptance of DPMF

Sr.

No

Name of

Company

Location Add1 Add2 Add3 Add4 City Pincode

1 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Ahmedebad First Floor, Zodiac

Avenue,

Opp Mayor's

Bungalow,Law

Garden Road

Ellis Bridge Ahmedabad 380006

2 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Asansol H. No. 2, 1st

Floor

ST No 1, Hindustan Park, Asansol West Bengal. 713304

3 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Bangalore S -113 & 114

First Floor,

Manipal

Centre

South Block, 47, Dickenson

Road,

Bangalore 560042

4 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Baroda 1st Floor, Sidharath

Complex,

R.C. Dutt, Alkapuri Baroda 390007

5 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Chandigarh SCO-2475-

2476,

2nd Floor, Sector - 22 C, Chandigarh 160022

6 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Chennai Gee Gee

Plaza,3rd

Floor,

Plot No.14A,

Door No:1,

Wheat Croft

Road,

Nungambakkam, Chennai 600034

7 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Cochin 510, 5th Floor , Govardhan

Business Centre

Chittoor Road Cochin 682035

8 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Goa Cabin No.CL-

13, 1ST Floor,

Advani

Business

Centre,

Neelkamal

Arcade

Dr.Atmaram

Borkar Road,

Panaji Goa 403001

9 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Guwhati C/o, DHFL,

1st Floor,

Trebenies

commercial

complex,

Bhanagarh, G. S.

Road,

Guwahati, Assam 781007

10 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Hyderabad Unit No 305, 3rd floor,

Ashok

Scintilla,

H No 3-6-520 Himayatnagar Hyderabad 500029

11 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Jaipur 326, 3rd Floor, Ganpati Plaza, M I Road, Jaipur 302001

12 DHFL

Pramerica

Asset

Managers Pvt

Jamshedpur C/o, DHFL

,1st Floor,

DS Trade

Centre,

Opp: Bandhan

Bank, Ram

Mandir Area,

Bistupur, Jamshedpur 831001

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Sr.

No

Name of

Company

Location Add1 Add2 Add3 Add4 City Pincode

Ltd

13 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Kanpur Office No :

410,

4/F, KAN

Chambers,

14/113, Civil Lines, Kanpur 208001

14 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Kolkata Gooptu Court Wing B, 2nd

Floor,

7A/1B, Middleton Street, Kolkata 700071

15 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Lucknow Mar-38 Jankipuram

Extension,

Behind Chandrika

Tower,

Lucknow 226021

16 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Mumbai 2nd Floor Nirlon House Dr. Annie Besant

Road

Worli Mumbai 400030

17 DHFL

Pramerica

Asset

Managers Pvt

Ltd

New Delhi Premises No

1307/1308,

Gopal Das

Bhawan

28 Barakhamba

Road

Connaught Place New Delhi 110001

18 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Patna C/o, DHFL,

3rd Floor,

Pandey Plaza, Exhibition Road, Patna, Bihar 800001

19 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Pune Office No. A-

1, Ground

floor,

Deccan

Chambers,

C.T.S. No.

33/40,

Opp Janata

Sahakari Bank,

Erandwana, Karve

Road

Pune 411004

20 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Rajkot Office No :

307,

3rd Floor, Star

Plaza,

Phulchhab

Chowk,

Besides Circuit

House,

Rajkot 360001

21 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Surat HG-8, International

Trade Center,

Majuragate, Surat 395001

22 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Indore 210 D. M. Tower, 21/1, Race Course

Road,

Indore 452001

23 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Coimbotore Krisan

Workspaces

Mayflower

Valencia, 3A,

7th floor, 1264B, Avinashi Road Coimbatore 641004

24 DHFL

Pramerica

Asset

Managers Pvt

Ltd

Nagpur C/o,

Moreshwar

Banarkar.

Plot no : 48 & 4

B , Sai Nagar

No : 2,

Behind Swad Ki

Rasoi,

Hudkeshwar Road, Nagpur 440034

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Karvy Fintech Pvt Ltd Address – Karvy Branches and Collection Centers Adyar: New No. 51, Gandhi Nagar, First Main Road, Adyar, Chennai 600020. Tamilnadu. Agra: 1st Floor, Deepak Wasan Plaza, Behind Holiday Inn, Opp Megdoot Furnitures,Sanjay Place, Agra 282002. Agartala: Bidurkarta Chowmuhani, J N Bari Road, Tripura (West), Agartala 799001. Ahmedabad: 201/202 Shail Complex, Opp Madhusudan House, B/H Girish Cold Drink, Off C G Road, Navrangpura, Ahmedabad 380006. Ajmer: 302, 3rd Floor Ajmer Auto Building, Opposite City Power House, Jaipur Road, Ajmer 305001. Akola: Yamuna Tarang Complex, Shop No 30, Ground Floor, N.H. No- 06, Murtizapur Road, Opp Radhakrishna Talkies, Akola 444004. Alambagh: KSM Tower, CP-1 Sinder Dump, Near Alambagh Bus Station, Alambagh, Lucknow 226005. Uttar Pradesh. Aliganj: HIG-67, Sector E, Aliganj, Lucknow 226024. Uttar Pradesh. Aligarh: 1st Floor, Kumar Plaza, Aligarh 202001. Allahabad: RSA Towers, 2nd Floor, Above Sony TV Showroom, 57, S P Marg, Civil Lines, Allahabad 211001. Alleppy: 3rd Floor, J.P.Tower, 17/1424(184), VCSB Road, Zilla Court Bridge Road, Mullackal, Alleppey 688011, Kerala. Alwar: 101, Saurabh Tower, Opp. UIT, Near Bhagat Singh Circle, Road No.2, Alwar 301001. Amaravathi: Shop No. 21, 2nd Floor, Gulshan Tower, Near Panchsheel Talkies, Jaistambh Square, Amaravathi 444601. Ambala: 6349, Nicholson Road, Adjacent KOS Hospital Ambala Cant, Ambala 133001. Amritsar: 72-A, Taylor’s Road, Opp Aga Heritage Club, Amritsar 143001. Anand: B-42 Vaibhav Commercial Center, Nr TVS Down Town Shrow Room, Grid Char Rasta, Anand 380001. Ananthapur: #15/149, 1st Floor, S R Towers, Subash Road, Opp. To Lalitha Kala Parishad, Anantapur 515001. Andheri: 6 & 7, 131 Andheri Industrial Estate, Veera Desai Road, Andheri (west), Mumbai 400053. Maharashtra. Ankleshwar: L/2 Keval Shopping Center, Old National Highway, Ankleshwar, Ankleshwar 393002. Annanagar: T 92, Ground Floor, 3rd Avenue Main Road, Annanagar, Chennai 600040. Tamilnadu. Asansol: 114/71 G T Road, Near Sony Centre, Bhanga Pachil, Asansol 713303. Aurangabad: Ramkunj Niwas, Railway Station Road, Near Osmanpura Circle, Aurangabad 431005. Azamgarh: 1st Floor, Alkal Building, Opp. Nagaripalika Civil Line, Azamgarh 276001. Uttar Pradesh. Balasore: M.S Das Street, Gopalgaon, Balasore, Orissa, Balasore 756001. Bangalore: 59, Skanda Puttanna Road, Basavanagudi, Bangalore 560004. Bankura: Plot Nos- 80/1/A, Natunchati Mahalla, 3rd Floor, Ward no-24, Opposite P.C Chandra, Bankura town, Bankura 722101. Bareilly: 1st Floor, 165, Civil Lines, Opp. Hotel Bareilly Palace, Near Railway Station, Bareilly 243001. Baroda: SB-5, Mangaldeep Complex, Opp. Masonic Hall, Productivity Road, Alkapuri, Baroda 390007. Begusarai: Near Hotel Diamond Surbhi Complex, O.C Township Gate, Kapasiya Chowk, Begusarai 851117. Belgaum: CTS No 3939/ A2 A1, Above Raymonds Show Room, Beside Harsha Appliances, Club Road, Belgaum 590001. Bellary: No. 1, KHB Colony, Gandhi Nagar, Bellary 583103. Berhampur: Divya Nandan Kalyan Mandap, 3rd Lane Dharam Nagar, Near Lohiya Motor, Berhampur 760001. Orissa. Berhampur (WB): Thakur Market Complex, Gorabazar, Post Berhampore Dist Murshidabad, 72 No Nayasarak Road, Barhampore (WB) 742101. Betul: 107, 1st Floor, Hotel Utkarsh, J. H. College Road, Betul 460001. Madhya Pradesh. Bhagalpur: 2nd Floor, Chandralok Complex,Ghantaghar, Radha Rani Sinha Road, Bhagalpur 812001. Bharuch: Shop No 147-148, Aditya Complex, Near Kasak Circle, Bharuch 392001. Bhatinda: #2047-A, 2nd Floor, The Mall Road, Above Max New York Life Insurance, Bhatinda 151001. Punjab. Bhavnagar: Krushna Darshan Complex, Parimal Chowk, Office No. 306-307, 3rd Floor, Above Jed Blue Show Room, Bhavnagar 364002. Bhilai: Shop No -1, First Floor, Old Sada Office Block, Plot No -1, Commercial Complex, Nehru Nagar- East, Bhilai 490020. Bhilwara: Shop No. 27-28, 1st Floor, Heera Panna Market, Pur Road, Bhilwara 311001. Bhopal: Kay Kay Business Centre, 133, Zone I, MP Nagar, Above City Bank, Bhopal 462011. Bhubaneswar: A/181, Back Side Of Shivam Honda Show Room, Saheed Nagar, Bhubaneswar 751007. Bikaner: 70-71, 2nd Floor, Dr.Chahar Building, Panchsati Circle, Sadul Ganj, Bikaner 334001. Bilaspur: Shop No-201 & 202, 1st Floor, V R Plaza, Link Road, Bilaspur, C.G., Bilaspur 495001. Bokaro: B-1, 1st Floor, City Centre, Sector- 4, Near Sona Chandi Jwellars, Bokaro 827004. Borivali: Gomati Smuti, Ground Floor, Jambli Gully, Near Railway Station, Mumbai 400092. Burdwan: Anima Bhavan, 1st Floor, Holding No.-42, Sreepally, G. T. Road, Burdwan, West Bengal 713103. Calicut: First Floor, Savithri Building, Opp. Fathima Hospital, Bank Road, Calicut - 673001 Kerala. Chandigarh: SCO 2423-2424, Sector 22-C, First Floor, Chandigarh 160022. Chandrapur: Rauts Raghuvanshi Complex, Shop No-1, Office No-2, 1st Floor, Beside Azad Garden, Main Road, Chandrapur 442402. Chembur: Shop No 4, Ground Floor, Shram Saflya Bldg, N G Acharya Marg, Chembur, Mumbai 400071. Maharashtra. Chennai: F-11, Akshaya Plaza, 1st Floor, 108, Adhithanar Salai, Egmore, Opp To Chief Metropolitan Court, Chennai 600002. Chinsura: J C Ghosh Saranu, Bhanga Gara, Chinsurah, Hooghly, Chinsurah 712101. West Bengal. Cochin: Ali Arcade, 1st Floor, Kizhavana Road, Panampilly Nagar, Near Atlantis Junction, Ernakualm 682036. Coimbatore: 3rd Floor, Jaya Enclave, 1057 Avinashi Road, Coimbatore 641018. Cuttack: PO - Buxi Bazar, Cuttack, Opp Dargha Bazar Police Station, Dargha Bazar, Cuttack 753001. Dalhousie: 2nd Floor, Room No-226, R N Mukherjee Road, Kolkata 700001. Darbhanga: Jaya Complex, 2nd Floor, Above Furniture Planet, Donar Chowk, Darbhanga 846003.Bihar. Davangere: D.No 376/2, 4th Main, 8th Cross, P J Extension, Opp Byadgishettar School, Davangere 577002. Dehradun: Kaulagarh Road, Near Sirmaur Margabove, Reliance Webworld, Dehradun 248001. Deoria: 1st Floor, Shanti Niketan, Opp. Zila Panchayat, Civil Lines, Deoria 274001. Uttar pradesh. Dewas: 27 RMO House, Station Road, Above Maa Chamunda Gaes Agency, Dewas 455001. Dhanbad: 208 New Market, 2nd Floor, Bank More, Dhanbad 826001. Dharwad: 307/9-A, 1st Floor, Nagarkar Colony, Elite Business Center, Nagarkar Colony, P B Road, Dharwad 580001. Dhule: Ground Floor Ideal Laundry, Lane No 4, Khol Galli, Near Muthoot Finance, Opp Bhavasar General Store, Dhule 424001.Maharashthra. Dindigul: No 9 Old No 4/B, New Agraharam, Palani Road, Dindigul 624001.Tamil Nadu. Durgapur: MWAV-16 Bengal Ambuja, 2nd Floor, City Centre, 16 DT Burdwan, Durgapur 713216. Eluru: D.No 23B-5-93/1, Savithri Complex, Edaravari Street, Near Dr. Prabhavathi Hospital, R.R.Pet, Eluru 534002.Andhra Pradesh. Erode: No 4, Veerappan Traders Complex, KMY Salai, Sathy Road, Opp. Erode Bus Stand, Erode 638003. Faridabad: A-2B, 1st Floor, Nehru Groundnit, Faridabad 121001. Ferozpur: The Mall Road, Chawla Bulding, 1st Floor, Opp. Centrail Jail, Near Hanuman Mandir, Ferozepur 152002.Punjab. Gandhidham: 204, 2nd Floor, Bhagwati Chamber, Kutchkala Road, Gandhidham 382007. Gandhinagar: Plot No - 945/2, Sector - 7/C, Opp Pathika, Gandhinagar 382007. Gaya: 54 Lal Kothi Compound, Shree Krishna Road, 2nd Floor, North Side, Near Royal Surya Hotel, Gaya 823001. Bihar. Ghaziabad: 1st Floor C-7, Lohia Nagar, Ghaziabad 201001. Ghazipur: 2nd Floor, Shubhra Hotel Complex, Mahaubagh, Ghazipur 233001.Uttar Pradesh. Gomtinagar: B-1/2, Vijay Khand, Near Union Bank Of India, Gomti Nagar, Lucknow 226010. Uttar Pradesh. Gonda: Shri Market, Sahabgunj, Station Road, Gonda 271001.Uttar Pradesh. Gorakhpur: Above V.I.P. Houseajdacent, A.D. Girls College, Bank Road, Gorakpur 273001. Gulbarga: CTS No 2913, 1st Floor, Asian Towers , Jagath Station, Main Road, Next To Adithya Hotel, Gulbarga 585105. Guntur: D No 6-10-27, Srinilayam, Arundelpet, 10/1, Guntur 522002. Gurgaon: Shop No.18, Ground Floor, Sector - 14, Opp. AKD Tower, Near Huda Office, Gurgaon 122001. Guwahati: 1st Floor, Bajrangbali Building, Near Bora Service Station, GS Road, Guwahati 781007. Gwalior: 2nd Floor, Rajeev Plaza, Jayendra Ganj, Lashkar, Gwalior 474009. Haldwani: Above Kapilaz Sweet House, Opp LIC Building, Pilikothi, Kaladhungi Road, Haldwani 263139.Uttaranchal. Haridwar: 7, Govindpuri, Opposite 1-India Mart, Above Raj Electricals, Ranipur More, Haridwar 249401 Uttarakhand. Hassan: SAS No-212, Ground Floor, Sampige Road, 1st cross, Near Hotel Souther Star, K R Puram, Hassan 573201. Hissar: SCO 71, 1st Floor, Red Square Market, Hissar 125001. Hoshiarpur: 1st Floor, The Mall Tower, Opp Kapila Hospital, Sutheri

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Page 23 of 24

Road, Hoshiarpur 146001.Punjab. Hubli: CTC No.483/A1/A2, Ground Floor, Shri Ram Palza, Behind Kotak Mahindra Bank, Club Road, Hubli 580029. Hyderabad: 8-2-596, Avenue 4, Karvy Plaza, Street No 1, Banjara Hills, Hyderabad 500034. Hyderabad (Gachibowli): KARVY Selenium, Plot No: 31 & 32, Tower B, Survey No.115/22, 115/24, 115/25, Financial District, Gachibowli, Nanakramguda, Serilimgampally Mandal, Hyderabad 500032. Indore: 2nd Floor, 203-205 Balaji Corporates, Above ICICI bank, 19/1 New Palasia, Near Curewell Hospital, Janjeerwala Square Indore, Indore 452001. Jabalpur: Grover Chamber, 43 Naya Bazar Malviya Chowk, Opp Shyam Market, Jabalpur 482002. Jaipur: S16/A, 3rd Floor, Land Mark Building Opp Jai Club, Mahaver Marg C Scheme, Jaipur 302001. Jalandhar: 1st Floor, Shanti Towers, SCO No. 37, PUDA Complex, Opposite Tehsil Complex, Jalandhar 144001. Jalgaon: 269, Jaee Vishwa, 1st Floor, Baliram Peth, Above United Bank Of India, Near Kishor Agencies, Jalgaon 425001. Jalpaiguri: D B C Road Opp Nirala Hotel, Opp Nirala Hotel, Jalpaiguri 735101. Jammu: Gupta’s Tower, 2nd Floor, CB-12, Rail Head complex, Jammu 180012. Jammu & Kashmir. Jamnagar: 136-137-138 Madhav Palaza, Opp SBI Bank, Nr Lal Bunglow, Jamnagar 361001. Jamshedpur: 2nd Floor, R R Square, SB Shop Area, Near Reliance Foot Print & Hotel- BS Park Plaza, Main Road, Bistupur, Jamshedpur 831001. Jaunpur: R N Complex, 1-1-9-G, In Front Of Pathak Honda Ummarpur, Jaunpur 222002. Uttar Pradesh. Jhansi: 371/01, Narayan Plaza, Gwalior Road, Near Jeevan Shah Chauraha, Jhansi 284 001.Uttar Pradesh. Jodhpur: 203, Modi Arcade, Chopasni Road, Jodhpur 342001. Junagadh: 124-125 Punit Shopping Center, M.G Road, Ranavav Chowk, Junagadh 362001. Kannur: 2nd Floor, Prabhath Complex, Fort Road, Nr. ICICI Bank, Kannur 670001.Kerala. Kanpur: 15/46, B, Ground Floor, Opp. Muir Mills, Civil Lines, Kanpur 208001. Karaikudi: No. 2, Gopi Arcade, 100 Feet Road, Karaikudi 630001.Tamil Nadu. Karimnagar: H.No.4-2-130/131, Above Union Bank, Jafri Road, Rajeev Chowk, Karimnagar 505001. Karnal: 18/369, Char Chaman, Kunjpura Road, Behind Miglani Hospital, Karnal 132001. Karur: No.6, Old No.1304, Thiru-vi-ka Road, Near G.R.Kalyan Mahal, Karur 639001. Kharagpur: 180 Malancha Road, Beside Axis Bank Ltd, Kharagpur 721304. Kollam: Sree Vigneswara Bhavan, Shastri Junction, Kadapakada, Kollam 691001.Kerala. Kolhapur: 605/1/4 E Ward, Shahupuri, 2nd Lane, Laxmi Niwas, Near Sultane Chambers, Kolhapur 416001. Kolkata: 166 A, Rashbihari Avenue, 2nd Floor, Opp Fortish Hospital, Kolkata 700029. Koramangala:

Aaryaa Center, 1st Floor, Municipal No: 01, MIG KHB Colony, 1 A cross, 5th Block, Opp Post Office, Koramangala, Bangalore 560095.Karnataka. Korba: 1st Floor, City Centre, 97 IRCC, Transport Nagar, Korba 495677. Kota: 29, 1st Floor, Near Lala Lajpat Rai Circle, Shopping Centre, Kota 324007. Kottayam: 1st Floor, Csiascension Square, Railway Station Road, Collectorate, P O Kottayam 686002.Kerala. Kurnool: Shop No.43, 1st Floor, S V Complex, Railway Station Road, Near SBI Main Branch, Kurnool 518004. Lucknow: 1st Floor. A. A. Complex, Thaper House, 5 Park Road, Hazratganj, Lucknow 226001. Ludhiana: SCO - 136, 1st Floor, Above Airtel Showroom, Feroze Gandhi Market, Ludhiana 141001. Madurai: Rakesh Towers, 30-C, 1st Floor, Bye pass Road, Opp Nagappa Motors, Madurai 625010. Malappuram: First Floor, Peekays Arcade, Down Hill, Malappuram 676505.Kerala. Malda: Sahis Tuli, Under Ward No.6, No.1 Govt Colony, English Bazar Municipality, Malda 732101. West Bengal. Malleswaram: No. 337, GF-3, Karuna Complex, Sampige Road, Opp New Vegetable Market, Malleshwaram, Bangalore 560003.Karnataka. Mandi: 149/11, School Bazaar, Near UCO Bank, Opp. Hari Mandir, Mandi 175001. Uttar Pradesh. Mangalore: Mahendra Arcade, Opp Court Road, Karangal Padi, Mangalore 575003. Margoa: 2nd Floor, Dalal Commercial Complex, Pajifond, Margao 403601. Mathura: Ambey Crown, 2nd Floor, In Front Of BSA College, Gaushala Road, Mathura 281001. Meerut: 1st Floor, Medi Centre, Opp ICICI Bank, Hapur Road, Near Bachha Park, Meerut 250002. Mehsana: FF-21 Someshwar Shopping Mall, Modhera Char Rasta, Mehsana 384002. Mirzapur: Abhay Yatri Niwas, 1st Floor, Abhay Mandir, Above HDFC Bank, Dankin Gunj, Mirzapur 231001.Uttar Pradesh. Moga: 1st Floor, Dutt Road, Mandir Wali Gali, Civil Lines, Barat Ghar, Moga 142001. Punjab. Moradabad: Om Arcade, Parker Road, Above Syndicate Bank, Chowk Tari Khana, Moradabad 244001. Morena: Moti Palace, Near Ramjanki Mandir, Near Ramjanki Mandir, Morena 476001. Madhya Pradesh. Mumbai: 24/B, Raja Bahadur Compound, Ambalal Doshi Marg, Behind BSE Bldg, Fort 400001. Muzaffarpur: 1st Floor, Uma Market, Thana Gumtimoti Jheel, Muzaffarpur 842001. Mysore: L-350, Silver Tower, Ashoka Road, Opp.Clock Tower, Mysore 570001. Nadiad: 104/105, Near Paras Cinema, City Point Nadiad, Nadiad 387001. Nagerkoil: HNo. 45, 1st Floor, East Car Street, Nagercoil 629001.Tamil Nadu. Nagpur: Plot No 2/1, House No 102/1, Mata Mandir Road, Mangaldeep Appartment, Opp Khandelwal Jewelers, Dharampeth, Nagpur 440010. Namakkal: 105/2, Arun Towers, Paramathi Road, Namakkal 37001.Tamil Nadu. Nanded: Shop No.4, Santakripa Market, G G Road, Opp. Bank Of India, Nanded 431601. Nanganallur: No 155/7, Ullagaram, Medavakkam Main Road, (Opp to IDBI ATM) Madipakkam, Chennai 600061.Tamilnadu. Nasik: F-1, Suyojit Sankul, Sharanpur Road, Nasik 422002. Navsari: 1/1 Chinmay Aracade, Opp Sattapir Rd, Tower Rd, Navsari 396445. Nellore: 16-2-230, Room No 207, 2nd Floor, Keizen Heights, Gandhi Nagar, Pogathota, Nellore 524001. New Delhi: 305 New Delhi House, 27 Barakhamba Road, New Delhi 110001. Nizamabad: H No 5-6-430, Above Bank Of Baroda, First Floor, Beside HDFC Bank, Hyderabad Road, Nizamabad 503003. Noida: 405, 4th Floor, Vishal Chamber, Plot No. 1, Sector-18, Noida 201301. Palghat: No: 20 & 21, Metro Complex, H.P.O.Road, Palakkad, H.P.O.Road, Palakkad 678001. Kerala. Panipat: 1st Floor, Krishna Tower, Above Amertex, G.T. Road, Panipat 132103. Panjim: City Business Centre, Coelho Pereira Building, Room No 18,19 & 20, Dada Vaidya Road. Pathankot: 2nd Floor, Sahni Arcade Complex, Adj. Indra Colony Gate, Railway Road, Pathankot, Pathankot 145001. Punjab. Patiala: SCO 27 D, Chotti Baradari, Near Car Bazaar, Patiala 147001. Patna: 3A, 3rd Floor, Anand Tower, Exhibition Road, Opp ICICI Bank, Patna 800001. Pollachi: 146/4, Ramanathan Building, 1st Floor, New Scheme Road, Pollachi 642002. Tamil Nadu. Pondicherry: No 7, Thiayagaraja Street, Pondicherry 605001. Proddatur: D.No: 4/625, Bhairavi Complex, Upstairs Karur Vysya Bank, Gandhi Road, Proddatur 516360. Andhra Pradesh. Pudukottai: Sundaram Masilamani Towers, TS No. 5476 - 5479, PM Road, Old Tiruma-yam Salai, Near Anna Statue, Jublie Arts, Pudukottai 622001. Tamil Nadu. Pune: Mozaic Bldg, CTS No.1216/1, Final Plot No.576/1 TP, Scheme No.1, F C Road, Bhamburda, Shivaji Nagar, Pune 411004. Raipur: Shop No. 31, Third Floor, Millenium Plaza, Above Indian House, Behind Indian Coffee House, Raipur 492001. Rajahmundry: D.No.6-1-4, Rangachary Street, T.Nagar, Near Axis Bank Street, Rajahmundry 533101. Rajapalayam: Sri Ganapathy Complex, 14B/5/18, T P Mills Road, Virudhungar Dist, Rajapalayam 626117. Tamil Nadu. Rajkot: 104, Siddhi Vinyak Com., Opp Ramkrishna Ashram, Dr Yagnik Road, Rajkot, Rajkot 360001. Ranchi: Room No 307, 3rd Floor, Commerce Tower, Beside Mahabir Tower, Ranchi 834001. Ratlam: 1 Nagpal Bhawan, Free Ganj Road, Do Batti, Near Nokia Care, Ratlam 457001. Renukoot: Radhika Bhavan, Opp. Padmini Hotel, Murdhwa, Renukoot, Renukoot 231217. Uttar Pradesh. Rewa: 1st Floor, Angoori Building, Besides Allahabad Bank, Trans University Road, Civil Lines, Rewa 485001. Madhya Pradesh. Rohtak: 1st Floor, Ashoka Plaza, Delhi Road, Rohtak 124001. Roorkee: Shree Ashadeep Complex, 16, Civil Lines, Near Income Tax Office, Roorkee 247667. Uttaranchal. Rourkela: 1st Floor, Sandhu Complex, Kachery Road, Uditnagar, Rourekla 769012. Sagar: 2nd Floor, Above Shiva Kanch Mandir, 5 Civil Lines, Sagar, Sagar 470002. Madhya Pradesh. Saharanpur: 18, Mission Market, Court Road, Saharanpur 247001. Uttar Pradesh. Salem: No 40, Brindavan Road, Fairlands, Near Perumal Koil, Salem 636016. Sambalpur: Ground Floor, Quality Massion, Infront of Bazaar Kolkata, Nayapara, Sambalpur 768001. Satna: 1st Floor, Gopal Complex, Near Bus Stand, Rewa Road, Satna 485001. Madhya Pradesh. Secunderabad: Crystal Plaza 2nd Floor, Manday Lane, Near Sunshine Hospital, P G Road, Secunderabad 500003. Shaktinagar: 1st/A-375, V V Colony, Dist Sonebhadra, Shaktinagar 231222. Uttar Pradesh. Shivpuri: 1st Floor, M.P.R.P. Building, Near Bank Of India, Shivpuri 473551. Madhya Pradesh. Shillong: Annex Mani Bhawan, Lower Thana Road, Near R K M LP School, Shillong 793001. Shimla: Triveni Building, By Pas Chowkkhallini, Shimla 171002. Shimoga: Sri Matra Naika Complex, 1st Floor, Above Shimoga Diagnostic Centre, LLR Road, Durgigudi, Shimoga 577201. Sikar: First Floor, Super Tower, Behind Ram Mandir, Near

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Taparya Bagichi, Sikar 332001. Rajasthan. Silchar: N.N. Dutta Road, Chowchakra Complex, Premtala, Silchar 788001. Siliguri: Nanak Complex, Sevoke Road, Siliguri 734001. Sitapur: 12/12-A Sura Complex, Arya Nagar, Opp Mal Godam, Sitapur 261001. Uttar Pradesh. Sivakasi: 363, Thiruthangal Road, Opp TNEB, Sivakasi 626123. Tamil Nadu. Solan: Sahni Bhawan, Adjacent Anand Cinema Complex, The Mall, Solan 173212. Himachal Pradesh. Solapur: Block No 06, Vaman Nagar, Opp DMart, Jule Solapur, Solapur 413004. Sonepat: 205 R Model Town, Above Central Bank Of India, Sonepat 131001. Sri Ganganagar: 35E Block, Opp: Sheetla Mata Vaateka, Sri Ganganagar, Sri Ganganagar 335001. Rajasthan. Srikakulam: D.No-4-1-28/1, Venkateswara Colony, Near Income Tax Office, Srikakulam 532001. Andhra Pradesh. Sultanpur: 1077/3, Civil Lines, Opp Bus Stand, Civil Lines, Sultanpur 228001. Uttar Pradesh. Surat: G-5 Empire State Buliding, Nr Udhna Darwaja, Ring Road, Surat 395002. Thane: 101, Yaswant Tower, 1st Floor, Opposite Puja Hotel, Ram Maruti Road, Naupada Thane (West), Mumbai 400602. Thanjavur: No. 70, Nalliah Complex, Srinivasam, Pillai Road, Tanjore 613001. Tamil Nadu. Thodupuzha: First Floor, Pulimoottil Pioneer, Pala Road, Thodupuzha 685584. Kerala. Tirunelveli: 55/18, Jeney Building, S N Road, Near Aravind Eye Hospital, Tirunelveli 627001. Tamil Nadu. Tirupur: First Floor, 244 A, Above Selvakumar Dept Stores, Palladam Road, Opp to Cotton Market Complex, Tirupur 641604. Tamil Nadu. Tiruvalla: 2nd Floor, Erinjery Complex, Ramanchira, Opp Axis Bank, Thiruvalla 689107. Kerala. T Nagar: G1, Ground Floor, No 22, Vijayaraghava Road, Swathi Court, T Nagar, Chennai 600017. Tirupathi: H.No 10-13-425, 1st Floor, Tilak Road, Opp Sridevi Complex, Tirupathi 517501. Trichur: 2nd Floor, Brothers Complex, Naikkanal Junction, Shornur Road, Near Dhanalakshmi Bank H O, Thrissur 680001. Trichy: 60, Sri Krishna Arcade, Thennur High Road, Trichy 620017. Trivandrum: 2nd Floor, Akshaya Tower, Sasthamangalam, Trivandrum 695010. Tuticorin: 4 - B, A34 - A37, Mangalmal Mani Nagar, Opp. Rajaji Park, Palayamkottai Road, Tuticorin 628003. Udaipur: 201-202, Madhav Chambers, Opp G P O, Chetak Circle, Udaipur 313001. Ujjain: 101 Aashta Tower, 13/1 Dhanwantri Marg, Freeganj, Ujjain 456010. Valsad: Shop No 2, Phiroza Corner, Opp Next Show Room, Tithal Road, Valsad 396001. Vapi: Shop No-12, Ground Floor, Sheetal Appatment, Near K P Tower, Vapi 396195. Varanasi: D-64/132, 1st Floor, Anant Complex, Sigra, Varanashi 221010. Vashi: Shop No.43-A, Ground Floor, Vashi Plaza, Sector-17, Near Apna Bazar, Vashi, Mumbai 400705. Maharashtra. Vellore: 1, M N R Arcade, Officers Line, Krishna Nagar, Vellore 632001. Vijayanagaram: Soubhagya, 19-6-1/3, 2nd Floor, Near Fort Branch, Opp: Three Temples, izianagaram 535002. Andhra Pradesh. Vijayawada: 39-10-7, Opp Municipal Water Tank, Labbipet, Vijayawada 520010. Vile Parle: 104, Sangam Arcade, V P Road, Opp: Railway Station, Above Axis Bank ATM, Vile Parle (West), Mumbai 400056. Maharashtra. Visakhapatnam: Door No 48-8-7, Dwaraka Diamond, Ground Floor, Srinagar, Visakhapatnam 530016. Warangal: H.No. 1-8-533, Beside Suprabha Hotel, Nakkalagutta, Ward No.1, Hanamkonda, Warnagal-Telangana 506001. Yamuna Nagar: Jagdhari Road, Above UCO Bank, Near D.A.V. Girls College, Yamuna Nagar 135001.

Haryana.