Income Funds

Recommended Funds based on Long Term Trends

Name of Scheme Inception NAVDate Rs 3 m 6 m 1 yr Incep

Crisil Composite Bond Fund Index 4.71% 8.46% 15.45% --Crisil Short Term Bond Fund Index 2.73% 5.41% 10.79% --

Aggressive FundsHDFC HIF - Dynamic 27-Apr-97 48.0454 6.97% 11.44% 18.32% 9.23%ICICI Prudential Income Opportunities Fund 18-Aug-08 19.2278 5.01% 9.32% 15.83% 10.66%Reliance Dynamic Bond Fund 16-Nov-04 18.9458 6.82% 10.92% 17.14% 6.43%IDFC SSIF - Invt Plan - Reg 14-Jul-00 34.0042 7.24% 11.83% 17.10% 8.77%UTI Bond Fund 4-May-98 41.6798 6.51% 10.39% 17.50% 8.89%Canara Robeco Dynamic Bond Fund - Reg 29-May-09 15.7734 6.54% 10.66% 16.56% 8.36%Birla Sun Life Income Plus - Reg 21-Oct-95 62.7062 6.83% 11.20% 17.73% 9.98%ICICI Prudential Income Fund 9-Jul-98 43.7182 6.80% 11.19% 18.73% 9.31%

Conservative FundsBirla Sun Life Dynamic Bond Fund - Ret 24-Sep-04 24.1822 5.88% 9.74% 15.99% 8.90%BNP Paribas Flexi Debt Fund 23-Sep-04 23.9652 6.51% 10.36% 15.55% 8.80%DSP BlackRock Strategic Bond Fund - IP 12-Nov-08 1659.8018 6.12% 10.07% 16.41% 8.49%Tata Income Fund - Plan A 28-Apr-97 42.8699 5.50% 8.87% 14.50% 8.54%Axis Dynamic Bond Fund 27-Apr-11 14.1578 5.65% 9.37% 15.31% 9.68%JPMorgan India Active Bond Fund - Ret 30-Jun-08 15.0637 4.09% 7.87% 13.77% 6.42%

Gilt FundsRecommended Funds based on Long Term TrendsName of Scheme Inception

DateSBI Magnum Gilt LTP 30-Dec-00 30.2050 9.30% 14.53% 22.81% 8.16%HDFC Gilt Fund - L T P 25-Jul-01 28.3593 8.52% 13.85% 21.49% 8.01%Franklin India GSF - LTP 7-Dec-01 32.7595 8.31% 13.28% 22.61% 9.44%Tata Gilt Mid Term Fund - Plan A 24-Jun-10 15.2481 6.33% 10.55% 17.91% 9.59%Reliance G Sec Fund 22-Aug-08 17.9941 8.24% 13.16% 20.77% 9.48%UTI Gilt Advantage Fund - L T P 21-Jan-02 30.3874 9.11% 14.79% 23.14% 8.90%L&T Gilt Investment 29-Mar-00 34.6763 8.91% 12.75% 19.42% 8.73%ICICI Prudential Long Term Gilt Fund 19-Aug-99 47.0597 7.60% 12.47% 20.19% 10.54%Birla Sun Life G Sec Fund - LT - Reg 28-Oct-99 41.5210 8.24% 13.11% 19.95% 9.77%

Monthly Income PlansName of Scheme Inception

DateCrisil MIP Blended Index 5.20% 9.20% 19.59% --

Aggressive FundsBirla Sun Life MIP II - Wealth 25 - Reg 22-May-04 29.1055 8.42% 16.28% 32.19% 10.50%Reliance MIP 12-Jan-04 33.4622 7.72% 13.56% 28.20% 11.54%UTI - MIS - Advantage Fund 16-Dec-03 30.6406 6.03% 10.88% 25.76% 10.58%Axis Income Saver Fund 16-Jul-10 15.1661 4.51% 9.50% 23.84% 9.60%HDFC MIP - LTP 26-Dec-03 34.9411 6.05% 10.96% 29.50% 11.93%ICICI Prudential MIP 25 30-Mar-04 30.3810 6.91% 12.80% 28.08% 10.79%IDFC Monthly Income Plan - Reg 25-Feb-10 16.4620 5.75% 11.07% 23.58% 10.64%

Conservative FundsKotak Monthly Income Plan 2-Dec-03 23.2839 5.51% 10.86% 23.12% 7.86%Birla Sun Life MIP II - Savings 5 - Reg 1-May-04 26.4164 5.86% 11.07% 20.60% 9.45%UTI Monthly Income Scheme 12-Sep-02 28.3293 4.76% 8.87% 18.67% 8.77%SBI Magnum MIP 9-Apr-01 29.7205 6.52% 11.54% 21.76% 8.18%

Short Term FundsRecommended Funds based on Long Term TrendsName of Scheme Inception

DateCrisil Liquid Fund Index 2.11% 4.36% 9.23% --Crisil Composite Bond Fund Index 4.71% 8.46% 15.45% --Crisil Short Term Bond Fund Index 2.73% 5.41% 10.79% --

Aggressive FundsICICI Prudential STP 25-Oct-01 28.3457 3.26% 6.33% 12.36% 8.17%

As on January 30th, 2015

Returns for

HDFC HIF - S T P 6-Feb-02 27.3095 3.24% 6.19% 11.96% 8.04%UTI Short Term Income Fund - IP 18-Sep-07 16.6382 3.13% 5.75% 11.56% 7.15%Reliance Short Term Fund 23-Dec-02 25.9128 3.23% 6.20% 12.00% 8.17%Kotak Bond Short Term Plan 2-May-02 25.8090 2.59% 5.39% 10.72% 7.72%SBI Short Term Debt Fund 27-Jul-07 15.8453 2.99% 5.78% 11.03% 6.31%DWS Short Maturity Fund 21-Jan-03 24.8305 2.86% 5.67% 11.06% 7.85%

Conservative FundsICICI Prudential Banking & PSU Debt Fund 1-Jan-10 15.3387 2.86% 5.71% 11.12% 8.78%HDFC Short Term Opportunities Fund 25-Jun-10 15.0440 2.68% 5.46% 10.92% 9.28%Birla Sun Life Short Term Fund - Reg 3-Mar-97 51.6549 2.98% 5.92% 11.50% 9.59%L&T Short Term Opportunities Fund 27-Dec-11 13.2551 2.67% 5.59% 10.92% 9.53%JPMorgan India Banking & PSU Debt Fund - Reg 13-Sep-13 11.5372 2.93% 6.35% 11.79% 10.91%IDFC SSIF - Short Term - Reg 14-Dec-00 28.1917 2.58% 5.44% 10.61% 7.61%Tata Short Term Bond Fund - Plan A 8-Aug-02 25.7834 3.00% 5.70% 11.16% 7.88%

Ultra Short Term FundsName of Scheme Inception NAV

Date Rs 7d 1 m 3 m 6 mCrisil Liquid Fund Index 0.15% 0.72% 2.11% 4.36%Crisil Short Term Bond Fund Index 0.16% 1.00% 2.73% 5.41%

Aggressive FundsKotak Treasury Advantage Fund 13-Aug-04 21.9448 0.15% 0.76% 2.13% 4.58%JPMorgan India Treasury Fund - Super IP 21-Sep-07 18.0926 0.15% 0.75% 2.15% 4.46%Birla Sun Life Savings Fund - Reg 15-Apr-03 265.1026 0.15% 0.79% 2.26% 4.65%DWS Treasury Fund - Investment 9-Oct-09 15.1798 0.15% 0.69% 2.03% 4.28%L&T Ultra Short Term Fund 10-Apr-03 22.3503 0.15% 0.78% 2.16% 4.45%

Conservative FundsHDFC F R I F - STF - WP 23-Oct-07 23.5947 0.16% 0.78% 2.25% 4.58%Reliance Money Manager Fund 20-Mar-07 1885.3111 0.15% 0.71% 2.04% 4.25%ICICI Prudential Flexible Income Plan - Reg 27-Sep-02 259.2731 0.16% 0.79% 2.21% 4.59%UTI Treasury Advantage Fund - IP 23-Apr-07 1869.5828 0.16% 0.74% 2.20% 4.54%IDFC Ultra Short Term Fund - Reg 17-Jan-06 19.2479 0.14% 0.78% 2.17% 4.48%Tata Floater Fund - Plan A 6-Sep-05 2069.2336 0.15% 0.74% 2.15% 4.41%Baroda Pioneer Treasury Advantage Fund - Plan A 24-Jun-09 1569.3278 0.17% 0.81% 2.26% 4.58%SBI SHDF - Ultra Short Term 27-Jul-07 1766.8832 0.15% 0.75% 2.19% 4.43%DWS Ultra Short-Term Fund 4-Jul-08 16.5253 0.17% 0.82% 2.25% 4.69%

Liquid Funds Name of Scheme Inception

DateCrisil Liquid Fund Index 0.15% 0.72% 2.11% 4.36%

Aggressive FundsICICI Prudential Liquid - Reg 18-Nov-05 203.9648 0.16% 0.72% 2.15% 4.38%Kotak Floater - ST 14-Jul-03 2259.1775 0.16% 0.71% 2.14% 4.37%HDFC Liquid Fund 17-Oct-00 27.1911 0.16% 0.71% 2.14% 4.37%Reliance Liquidity Fund 16-Jun-05 2075.5489 0.16% 0.71% 2.13% 4.36%IDFC Cash Fund - Reg 9-Jun-08 1674.8664 0.16% 0.71% 2.14% 4.37%Birla Sun Life Floating Rate Fund - STP - Reg 12-Oct-05 183.4307 0.16% 0.72% 2.14% 4.38%Tata Money Market Fund - Plan A 1-Sep-04 2168.8405 0.16% 0.72% 2.14% 4.37%UTI Liquid Fund - Cash Plan - IP 10-Dec-03 2257.5986 0.16% 0.72% 2.13% 4.36%

Conservative FundsICICI Prudential Money Market Fund - Reg 8-Mar-06 190.5538 0.16% 0.72% 2.15% 4.38%Canara Robeco Liquid - Reg 11-Jul-08 1675.0664 0.16% 0.71% 2.14% 4.35%Axis Liquid Fund 9-Oct-09 1526.9748 0.16% 0.72% 2.14% 4.38%SBI Premier Liquid Fund - Reg 22-Mar-07 2165.0350 0.16% 0.71% 2.13% 4.35%DSP BlackRock Liquidity Fund - IP 23-Nov-05 1971.0467 0.16% 0.71% 2.14% 4.36%JPMorgan India Liquid Fund - Super IP 21-Sep-07 17.8573 0.16% 0.71% 2.13% 4.35%L&T Liquid Fund 3-Oct-06 1889.7745 0.16% 0.72% 2.14% 4.38%

Note: Return figures for all Debt Oriented Schemes are absolute for less than one year period. Moreover, past returns cannot be taken as an indicator of future performance.

All the NAVs and return calculation are for the Growth Oriented Plans. As per SEBI circular dated September 13, 2012, fresh subscriptions/switch-ins will be accepted only under a single plan for all the schemes w.e.f from 1st October 2012.

Debt Oriented Scheme recommendations have been made based on the methodology, which assigns weightages to parameters like Sharpe Ratio, Performance Consistency, Corpus, Past Performance, Expenses, Credit Risk and Volatility.

Returns for