Market OutlookA p r i l 2 0 0 8
Over the course of last financial year, Indian equity markets have delivered robust performance on the back of high earnings growth driven by the structural shift in the pace of economic activity. The markets have, however, displayed high correlation with downward movements in other emerging markets over last three months.
A series of unpleasant surprises spooked the markets in the month of March leading to a further 9.3% decline in Nifty and 11.0% fall in Sensex. MSCI Emerging markets index was, however, lower by 4.3% only.
The Japanese Yen appreciated sharply against the greenback, touching 95 JPY/USD, stoking fears of further de-leveraging and unwinding of carry trade positions across the world. It also brought to surface potential losses on the yen denominated loans taken by some companies for the low interest that they carry. Furthermore, some of them are believed to have entered into complex derivatives transactions to partially hedge such exposures. It is feared that these deals were not exact matches and could trigger losses due to adverse movements in the traditional carry trade currencies like the Yen and the Swiss Franc. Not only does it put corporate balance sheets at risk, but also exposes the banks, who provided these services, to counter party credit risk. The silver lining is that the Central Bank believes these losses are relatively small, not widespread and therefore manageable.
The January industrial production growth decelerated to 5.3% from 7.7% in Dec 2007 and 11.6% in Jan 2007 and WPI inflation rose to 5.92%. Thus, the macroeconomic data released during the month has been less than exciting. However, it remains to be seen whether this is a temporary blip in economic activity or a real slowdown. The long-term story of India’s growth is firmly on course.
As we have highlighted earlier, inflation remains the biggest risk for our country’s growth for it eats away the purchasing power of people’s money and hits the low-income group the hardest. It is important to note that recent spike in inflation has been a global phenomenon. Prices of commodities, be it energy (oil, gas, coal), industrial materials (metals, chemicals) or agricultural products (food grains, milk), have increased across the world.
The Sixth Pay Commission’s recommendations advocate an average increase of 40% in Government employees’ compensation. This could dent government finances adversely by Rs. 26,000 Crs, increasing fiscal deficit by close to 0.5% of GDP. On a positive not, this would arm consumers with further disposable income and in turn add to consumption spending.
FMCG was the best performing sector in March with Healthcare in the second spot. On the flip side Banking was the worst performing sector in the month followed by Real Estate, Consumer Durables.
OutlookAll eyes are on March quarter results, which would throw light on likely earnings growth for next year. It would also put to rest some of the balance sheet issues related to losses due to forex derivatives and banks’ exposure to overseas markets.
We believe across the board decline in stock prices and resultant valuation compression does provide opportunities to pick up bargains. The uncertainty relating to IIP, inflation, global markets and the fourth quarter results could prolong recovery in the market. We would advise the investors to continue to invest in the markets at regular intervals with a long term investment horizon.
EQUITY MARKET
Bond marketBond markets were hit hard by rising inflationary pressures. Higher market borrowing program for FY0809 and liquidity concerns with minimal/no support from FII flows added to selling pressure. Fragile sentiment in the global financial markets coupled with international crude oil hitting record $111/bbl mark also kept tab on the local bond market mood. Signs of moderating industrial growth and positive cash conditions in the first half could not prove supportive as inflation steadily surged to 6.68%, way above the comfort level of 5%. Further, persisting pressures on international crude oil and food prices keep inflation expectations firm.
Liquidity condition was positive until advance tax payments drained the surplus. Call rates touched 9% on occasions even as the RBI provided regular support through special LAFs. Benchmark 10-year paper hardened to its highest in 7-months to 7.94% from 7.57%.
In corporate bond market, banks looking to shore up balance sheets to meet the Basel II norms kept the primary segment highly active. Secondary market activity remained dormant throughout the period as sentiment was checked by stressful cash conditions and rising prices. Need for immediate funds kept shorter end of the curve at elevated levels.
IIP for Jan 08 came as a negative surprise to most analysts. The index grew at 5.3%, sharply slower than upwardly revised 7.7% in Dec ‘07. The capital sector that had grown at scorching pace in recent times crawled at its slowest rate in nearly five years. The other major drag came from rate sensitive consumer durables which decelerated. The sixth
pay commission recommendations raised fears over the achieving of fiscal deficit targets. The borrowing for the Apr-Sep period was pegged at Rs. 96,000 crore of which Rs. 20,000 crore would be raised in the month of April alone.
US Federal Reserve resorted to unconventional measures as it attempted to prop up the economy. To avoid a systemic meltdown in financial markets, Fed engineered the takeover of Bear Stearns by JP Morgan Chase, extending a lifeline to one of the largest investment bank on Wall Street. Further to provide grease to the cash stuck financial system, the Fed opened its discount window to investment banks for the first time in its history. On the rates front, it trimmed its discount rate by 25 bps to 3.25% and the federal funds rate by an aggressive 75 bps to 2.25%. In the Euro zone, ECB left the benchmark rate at 4% as inflation accelerated to the fastest pace in 14 years. BOJ too has maintained status quo on its key policy rate at 0.5%.
Outlook:There is an enormous pressure on RBI to act in order to contain inflation and inflationary expectations. Since large part of the inflation is supply side, it wont be wise to increase interest rates. We believe that central banks generally make policy moves, which are counter- cyclical. Given that our economy is as it is slowing down considerably, and is likely to grow at only 7.5% or so, we assign very small probability to a repo rate hike. RBI will probably prefer liquidity tightening to substantial INR appreciation and rate hikes. We believe that government will try to take certain fiscal measures to contain pressure on prices. Nevertheless, higher bond supply will keep pressure on government bonds yields, but shorter end of the yield curve will ease considerably due to improved liquidity.
DEBT MARKET
Our Investment Team (In alphabetical order):
A. Balasubramanian Chief Investment Officer
Achala Kanitkar Research Analyst - Equity
Ajay Argal Co - Head Equity
Ajay Garg Fund Manager - Equity
Ankit Sancheti Fund Manager - Equity
Atul Penkar Fund Manager - Equity
Hemang Dagli Sr. Dealer - Equity & Deri. Specialist
Hina Sampat Executive - Knowledge Management
Jignesh Shah Fund Manager
Lokesh Mallya Credit Analyst-Fixed Income
Mahesh Patil Co - Head Equity
Maneesh Dangi Co - Head Fixed Income
Naysar Shah Fund Manager - Equity
Paresh Khandelwal Equity Analyst
Prasad Dhonde Fund Manager - Debt
Sanjay Chawla Fund Manager - Equity
Satyabrata Mohanty Co - Head Fixed Income
Sujit Patki Dealer-Equity
Sunaina da Cunha Credit Analyst-Fixed Income
Vineet Maloo Fund Manager - Equity
02
From the CEO’s DeskA p r i l 2 0 0 8
Dear Investor,
It gives me great pleasure in writing to you as the new CEO of Birla Sun Life Asset
Management Company.
The financial year 2007-08 has been a truly exceptional year for us at Birla Sun Life Mutual &&
Fund. We won the Mutual Fund House of the year award by CNBC TV 18 - CRISIL and swept
the awards night with 5 more prestigious awards across investment categories. This comes & @
on the back of 4 Lipper and 2 ICRA awards. These awards are recognition of our
commitment to consistently provide superior returns to our investors.
With over 16 lakh investors and Rs. 36,100 Crores of average assets under management (as
of 31st March, 2008), we are one of the fastest growing Mutual Fund Houses in India.
Over the coming year, our focus is to be the most preferred fund house in India and continue
to partner with increasing number of investors in their wealth creation. In order to reach out
and serve our ever growing investor base, we will be doubling our branches over the year.
The Online portfolio access system on our website is another step to add to the investors
convenience. Our investors can now track their portfolio performance, download account
statements etc at the click of a button.
You can help us as we move forward in our endeavor to serve you better. Please feel free to
write to me at [email protected] with your suggestions and feedback.
Looking forward to continue this journey towards a richer tomorrow - Together.
Regards,
Anil Kumar
Chief Executive Officer
Birla Sun Life Asset Management Company Ltd.
03
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
As on 31st March, 2008
Birla Sun Life Equity Fund
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Money Market Instruments 13.32NABARD 8.97Canara Bank 4.35
Banks 11.81ICICI Bank Ltd. 1.96Andhra Bank 1.39Indian Bank 1.37Bank of Baroda 1.33Bank of India 1.30Kotak Mahindra Bank Ltd. 1.30Oriental Bank of Commerce 1.20HDFC Bank Ltd. 1.10Central Bank of India 0.86
Industrial Capital Goods 10.97Bharat Heavy Electricals Ltd. 3.18Crompton Greaves Ltd. 3.11Bharat Bijlee Ltd. 1.56Thermax Ltd. 1.54AIA Engineering Ltd. 0.98Siemens Ltd. 0.61
Construction 8.05IVRCL Infrastructures & Projects Ltd. 1.62Jaiprakash Associates Ltd. 1.35Ansal Properties & Infrastructure Ltd. 1.04Gammon India Ltd. 1.00Mahindra Lifespace Developers Ltd. 0.95Nagarjuna Construction Co. Ltd. 0.90Housing Development & Infrastructure Ltd 0.68Punj Lloyd Ltd. 0.51
Telecom-Services 6.85Reliance Communications Ltd. 3.94Bharti Airtel Ltd. 2.91
Power 6.49GVK Power & Infrastructure Ltd. 1.95KEC International Ltd. 1.75CESC Ltd. 1.59LANCO Infratech Ltd. 0.69Tata Power Company Ltd. 0.51
Petroleum Products 5.01Reliance Industries Ltd. 5.01
Diversified Industries 4.86United Breweries Holdings Ltd. 3.35Aditya Birla Nuvo Ltd. 1.51
Media & Entertainment 3.88Balaji Telefilms Ltd. 1.66Zee Entertainment Enterprises Ltd 1.58Jagran Prakashan Ltd. 0.64Magnasound India Ltd.** 0.00
Finance 3.36Housing Development Finance Corp. Ltd. 1.77India Infoline Ltd. 1.17Indiabulls Securities Ltd. ** 0.42
Software 3.29Megasoft Ltd. 1.32Infosys Technologies Ltd. 1.06
Satyam Computer Services Ltd. 0.81Allsec Technologies Ltd. 0.09
Ferrous Metals 3.28Jindal Steel & Power Ltd. 1.82Tata Steel Ltd. 1.46
Oil 3.28Oil & Natural Gas Corporation Ltd. 2.61Aban Offshore Ltd. 0.67
Consumer Non Durables 3.19ITC Ltd. 2.42United Spirits Ltd. 0.77
Retailing 1.97Pantaloon Retail (India) Ltd. 1.97
Chemicals 1.49Bombay Dyeing & Mfg. Co. Ltd. 1.49
Gas 1.04GAIL (India) Ltd. 1.04
Pharmaceuticals 0.92Wockhardt Ltd. 0.91Maestro Mediline Systems Ltd. 0.01
Cash & Current Assets 6.95
Total Net Asset 100.00
**Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on March 31, 2008 is Rs. 80.48 Crores (Notional value). Total Percentage of thinly/non traded securities is 0.42%
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Equity Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : October 1, 1998
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities.
Investment Objective
Date of inception / takeover : August 27, 1998
Fund Manager : Mr. Mahesh Patil
NAV : Rs.
Growth : 213.51
Dividend : 68.80
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load** :< Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Benchmark : BSE 200
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Equity
Fund
Birla Sun Life Equity
Fund
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 114000 388701 669219 24.54 35.27
Last 5 years 60000 125489 161266 30.04 40.82
Last 3 years 36000 50060 51850 22.65 25.21
Last 1 year 12000 11660 11323 -5.23 -10.32
#iiiiValue Research Rating
Birla Sun Life Equity FundEquity: Diversified ( Schemes), 5 205 Yrs ended 31-Mar-08
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Birla SunLife Equity Fund - Growth BSE 200
% R
etu
rns
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
A p r i l 2 0 0 8
22.40
38.51
54.14
37.56
23.99
30.56
39.96
20.98
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
3.19%
3.28%
3.28%
3.29%
3.36%
3.88%
4.86%
5.01%
5.41%
6.49%
6.85%
6.95%
8.05%
10.97%
11.81%
13.32%
Consumer Non Durables
Oil
Ferrous Metals
Software
Finance
Media & Entertainment
Diversified Industries
Petroleum Products
Other Equity
Power
Telecom-Services
Cash & Current Assets
Construction
Industrial Capital Goods
Banks
Money Market Instruments
Average AUM: Rs. 1185.08 Crores
04
Birla Midcap Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 14.03Bharat Bijlee Ltd. 2.48Havells India Ltd. 2.19Thermax Ltd. 1.98Crompton Greaves Ltd. 1.92Bharati Shipyard Ltd. 1.91Jyoti Structures Ltd. 1.90Bharat Electronics Ltd. 1.65
Banks 13.46Union Bank of India 4.38Indian Overseas Bank 2.69ING Vysya Bank Ltd. 2.40Indian Bank 2.03Federal Bank Ltd. 1.96
Consumer Non Durables 7.44ITC Ltd. 3.26Triveni Engineering & Industries Ltd. 2.34Shaw Wallace Company Ltd. 1.84
Construction 7.35Simplex Infrastructures Ltd. 3.85Akruti City Ltd. 1.79Hindustan Construction Co. Ltd. 1.71
Ferrous Metals 7.23Monnet Ispat Ltd. 2.32Sesa Goa Ltd. 2.12Welspun Gujarat Stahl Rohren Ltd. 1.59Jindal Steel & Power Ltd. 1.20
Consumer Durables 6.11Blue Star Ltd. 3.43Voltas Ltd. 2.68
Money Market Instruments 4.59Canara Bank 4.59
Chemicals 3.90Solar Explosives Ltd. 3.90
Media & Entertainment 3.61Balaji Telefilms Ltd. 1.85Television Eighteen India Ltd. 1.76
Textile Products 3.61Raymond Ltd. 2.32Alok Industries Ltd. 1.29
Diversified Industries 3.58United Breweries Holdings Ltd. 1.81Aditya Birla Nuvo Ltd. 1.77
Pharmaceuticals 3.36Glenmark Pharmaceuticals Ltd. 3.36
Power 3.19CESC Ltd. 1.69GVK Power & Infrastructure Ltd. 1.50
Industrial Products 3.03Sintex Industries Ltd. 3.03
Auto 2.72Ashok Leyland Ltd. 2.72
Non - Ferrous Metals 2.64Nava Bharat Ventures Ltd. 2.64
Fertilisers 2.26Tata Chemicals Ltd. 2.26
Cement 1.94Century Textile & Industries Ltd. 1.71Madras Cements Ltd. 0.23
Trading 1.72Adani Enterprises Ltd. 1.72
Petroleum Products 1.28Hindustan Petroleum Corporation Ltd. 1.28
Hotels 1.23Indian Hotels Co. Ltd. 1.23
Finance 0.78Indiabulls Securities ** 0.78
Auto Ancillaries 0.41Exide Industries Ltd. 0.41
Indian Hotels Co. Ltd. 0.10Indian Hotels Co. Ltd. 0.10
Corporate Debt 0.10Trent Ltd. 0.10
Cash & Current Assets 0.34
Total Net Asset 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Midcap Fund…
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment - November 1, 2002.
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve long-term growth of capital at controlled level of risk by primarily investing in midcap stocks.
Investment Objective
Date of inception / takeover : October 3, 2002
Fund Manager : Mr. Sanjay Chawla & A. BalasubramaniamMr.
NAV : Rs.
Growth : 79.67
Dividend : 24.49
Benchmark : CNX Midcap
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Midcap Fund
Birla Midcap Fund
CNX Midcap
CNX Midcap
Since Inception 65000 162858 192302 34.45 41.00
Last 5 years 60000 130738 154419 31.77 38.93
Last 3 years 36000 48875 52234 20.92 25.75
Last 1 year 12000 11617 11693 -5.87 -4.72
Value Blend Growth Size
Large
Mid
Small
Investment Style
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load** :< Rs. 5 crores - 0.50% if redeemed / switched out within 6 months
³ Rs. 5 crores - Nil
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Birla Mid Cap Fund - Growth CNX Midcap
CRISIL~CPR 2^^Birla Mid Cap Fund
Diversified Equity Scheme ( Schemes), 2 73 Yrs ended 31-Dec-07
#iiiValue Research Ratingi
Birla Mid Cap FundEquity: Diversified (205 Schemes), 5 Yrs ended 31-Mar-08
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
**Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is 0.78%.
A p r i l 2 0 0 8
0.10%
0.34%
2.19%
2.26%
2.64%
2.72%
3.03%
3.19%
3.36%
3.58%
3.61%
3.61%
3.90%
4.59%
6.11%
7.23%
7.35%
7.44%
7.46%
11.85%
13.46%
Corporate Debt
Cash & Current Assets
Industrial Capital Goods
Fertilisers
Non - Ferrous Metals
Auto
Industrial Products
Power
Pharmaceuticals
Diversified Industries
Textile Products
Media & Entertainment
Chemicals
Money Market Instruments
Consumer Durables
Ferrous Metals
Construction
Consumer Non Durables
Other Equity
Industrial Capital Goods
Banks
32.5134.83
52.15
45.88
28.50 28.68
47.41
42.25
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
Average AUM: Rs. 627.78 Crores
05
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Frontline Equity Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Money Market Instruments 15.95Canara Bank 8.48ICICI Bank Ltd. 7.48
Banks 12.89ING Vysya Bank Ltd. 3.40ICICI Bank Ltd. 1.84HDFC Bank Ltd. 1.68Union Bank of India 1.58State Bank of India 1.44Central Bank of India 1.40Indian Overseas Bank 1.24Indian Bank 0.31
Industrial Capital Goods 8.85Bharat Heavy Electricals Ltd. 3.06Crompton Greaves Ltd. 3.01Thermax Ltd. 1.67Hindustan Dorr-Oliver Ltd. 1.11
Telecom-Services 7.10Reliance Communications Ltd. 4.41Bharti Airtel Ltd. 2.69
Petroleum Products 6.10Reliance Industries Ltd. 6.10
Consumer Non Durables 5.77ITC Ltd. 4.35
United Spirits Ltd. 1.42
Finance 5.45Housing Development Finance Corp. Ltd. 1.89ICRA Ltd. 1.26Infrastructure Devlopment Finance Co. Ltd. 0.92India Infoline Ltd. 0.60McDowell Holdings Ltd. 0.44Indiabulls Securities Ltd. ** 0.34
Auto 3.98Maruti Suzuki India Ltd. 2.12Hero Honda Motors Ltd. 1.86
Software 3.89Satyam Computer Services Ltd. 1.45Infosys Technologies Ltd. 1.34Tata Consultancy Services Ltd. 1.10
Ferrous Metals 3.50Jindal Steel & Power Ltd. 2.36Sesa Goa Ltd. 1.13
Construction 3.29Jaiprakash Associates Ltd. 1.24Hindustan Construction Co. Ltd. 1.19Madhucon Projects Ltd. 0.84Nagarjuna Construction Co. Ltd. 0.02
Oil 3.25Oil & Natural Gas Corporation Ltd. 3.25
Media & Entertainment 3.23Balaji Telefilms Ltd. 1.81Adlabs Films Ltd. 0.93Zee Entertainment Enterprises Ltd 0.49
Power 2.64GVK Power & Infrastructure Ltd. 1.63CESC Ltd. 1.00
Hotels 2.14Indian Hotels Co. Ltd.** 1.98Indian Hotels Co. Ltd.(Rights) *** 0.16
Gas 1.91GAIL (India) Ltd. 1.91
Pharmaceuticals 1.14Wockhardt Ltd. 1.14
Fertilisers 0.27Gujarat Narmada Valley Fertilisers Co. Ltd. 0.27
Cash & Current Assets 8.65
Total Net Asset 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Frontline Equity Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : October 01, 2002
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE 200.
Investment Objective
Date of inception / takeover : August 30, 2002
Fund Manager : Mr. Mahesh Patil
NAV : Rs.
Growth : 61.62
Dividend : 21.64
Benchmark : BSE 200
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Frontline
Equity Fund
Birla Sun Life Frontline
Equity Fund
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 66000 156269 181127 31.70 37.36
Last 5 Years 60000 125489 143362 30.04 35.72
Last 3 years 36000 50060 54171 22.65 28.45
Last 1 year 12000 11659 11895 -5.23 -1.62
#iiiValue Research Ratingi
Birla Sun Life Frontline Equity FundEquity: Diversified ( Schemes), 5 205 Yrs ended 31-Mar-08
CRISIL~CPR 2^^Birla Sun Life Frontline Equity Fund
Large Cap Oriented Equity Scheme ( Schemes), 2 31 Yrs ended 31-Dec-07
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:< Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Birla SunLife Frontline Equity Fund - Growth BSE 200
% R
etu
rns
A p r i l 2 0 0 8
**Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on March 31, 2008 is Rs. 25.50 Crores (Notional value). Total Percentage of thinly/non traded securities is 2.48%.
&&CNBC TV-18 CRISIL AWARD 2007Birla Sun Life Frontline Equity Fund
Category: Large Cap oriented Equity Fund 1 yr performance ended 31 Dec, ‘07 Total Schemes in Category = 22
2.14%
2.64%
3.23%
3.25%
3.29%
3.32%
3.50%
3.89%
3.98%
5.45%
5.77%
6.10%
7.10%
8.65%
8.85%
12.89%
15.95%
Hotels
Power
Media & Entertainment
Oil
Construction
Other Equity
Ferrous Metals
Software
Auto
Finance
Consumer Non Durables
Petroleum Products
Telecom-Services
Cash & Current Assets
Industrial Capital Goods
Banks
Money Market Instruments
24.54
37.03
43.89
38.45
23.99
30.56
39.96
33.92
0
5
10
15
20
25
30
35
40
45
50
1 Year 3 Years 5 Years Since Inception
Average AUM: Rs. 329.25 Crores
06
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Tax Relief '96An Open-ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of the tax free dividend declared.
Portfolio
Money Market Instruments 25.45Canara Bank 13.51Punjab National Bank 11.33Tata Sons Ltd. 0.62
Finance 10.94ICRA Ltd. 3.56Housing Development Finance Corp. Ltd. 3.27India Infoline Ltd. 2.13Reliance Capital Ltd. 1.98
Industrial Capital Goods 10.32Honeywell Automation India Ltd. 2.64Bharat Bijlee Ltd. 2.36Crompton Greaves Ltd. 2.22Siemens Ltd. 1.78Bharat Heavy Electricals Ltd. 1.32
Banks 9.99ICICI Bank Ltd. 3.12ING Vysya Bank Ltd. 3.08HDFC Bank Ltd. 2.88Kotak Mahindra Bank Ltd. 0.91
Diversified Industries 8.15United Breweries Holdings Ltd. 6.31
Aditya Birla Nuvo Ltd. 1.84
Construction 5.60Larsen & Toubro Ltd. 4.09Punj Lloyd Ltd. 1.51
Petroleum Products 5.12Reliance Industries Ltd. 5.12
Power 4.30Reliance Energy Ltd. 3.01GVK Power & Infrastructure Ltd. 1.29
Ferrous Metals 3.38Jindal Steel & Power Ltd. 3.38
Auto Ancillaries 3.35Bosch Limited. 2.23MRF Ltd. 1.12
Auto 3.17Maruti Suzuki India Ltd. 2.05Mahindra & Mahindra Ltd. 1.12
Hotels 3.15Asian Hotels Ltd. 1.95
Taj GVK Hotels & Resorts Ltd. 1.20
Consumer Non Durables 3.09Shaw Wallace Company Ltd. 1.83Radico Khaitan Ltd 1.26
Media & Entertainment 3.09Television Eighteen India Ltd. 3.09Magnasound India Ltd.** 0.00
Telecom-Services 2.27Bharti Airtel Ltd. 1.80Spice Communications Ltd. 0.47
Consumer Durables 1.62Blue Star Ltd. 1.62
Pesticides 1.14United Phosphorous Ltd. 1.14
Trading 0.73Uniphos Enterprises Ltd. 0.73
Cash & Current Assets -4.86
Total Net Asset 100.00
** Represents thinly traded / non traded securities.Total outstanding exposure in derivatives as on March 31, 2008 is Rs 24.51Crores (Notional value).
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Tax Relief '96...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : April 1, 1996
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities
Investment Objective
Date of inception / takeover : March 29, 1996
Fund Manager : Mr. Ajay Garg
NAV : Rs.
Growth* : 9.75
Dividend : 89.23*Introduced with effect from 06/03/08
Load Structure (Incl. for SIP):Entry Load* : < Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : NIL
Benchmark : BSE 200 Average AUM: Rs. 596.83 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Tax
Relief '96
Birla Sun Life Tax
Relief '96
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 144000 553190 1684008 20.77 37.30
Last 5 years 60000 125489 134308 30.04 32.92
Last 3 years 36000 50060 51671 22.65 24.96
Last 1 year 12000 11659 11339 -5.23 -10.08
CRISIL~CPR 2^^Birla Sun Life Tax Relief '96
Equity Linked Savings Scheme (1 Schemes), 2 9 Yrs ended 31-Dec-07
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Birla Sun Life Tax Relief ‘96 - Dividend Plan BSE 200
Ranked 3rd among Top Performing Equity&
Funds in the World by LipperBirla Sun Life Tax Relief '96
Equity Funds (6302 funds), 10 yrs ended 31 Dec 07
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
A p r i l 2 0 0 8
2.27%
3.09%
3.09%
3.15%
3.17%
3.35%
3.38%
3.49%
4.30%
5.12%
5.60%
8.15%
9.99%
10.32%
10.94%
25.45%
Telecom-Services
Media & Entertainment
Consumer Non Durables
Hotels
Auto
Auto Ancillaries
Ferrous Metals
Other Equity
Power
Petroleum Products
Construction
Diversified Industries
Banks
Industrial Capital Goods
Finance
Money Market Instruments
24.68
35.76
44.06
37.72
23.99
30.56
39.96
15.41
0
5
10
15
20
25
30
35
40
45
50
1 Year 3 Years 5 Years Since Inception
07
*For direct application: Entry Load is Nil.
Birla Infrastructure Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 16.23
Crompton Greaves Ltd. 3.84
Bharat Heavy Electricals Ltd. 3.79
Bharati Shipyard Ltd. 3.00
Thermax Ltd. 2.77
Jyoti Structures Ltd. 1.51
Bharat Electronics Ltd. 1.32
Money Market Instruments 13.62
Canara Bank 8.73
ABN Amro Bank 4.90
Construction 13.61
Madhucon Projects Ltd. 2.01
Nagarjuna Construction Co. Ltd. 1.65
Jaiprakash Associates Ltd. 1.63
Housing Development & Infrastructure Ltd 1.60
Hindustan Construction Co. Ltd. 1.33
GMR Infrastructure Ltd. 1.31
ITD Cementation India Ltd. 1.31
Simplex Infrastructures Ltd. 1.25
Larsen & Toubro Ltd. 0.82
Ansal Properties & Infrastructure Ltd. 0.69
Power 11.02
KEC International Ltd. 3.48
CESC Ltd. 2.86
LANCO Infratech Ltd. 1.42
Kalpataru Power Transmission Ltd. 1.40
GVK Power & Infrastructure Ltd. 1.02
Power Grid Corporation of (I) Ltd. 0.84
Ferrous Metals 6.22
Jindal Steel & Power Ltd. 3.23
Sesa Goa Ltd. 1.31
Jindal Saw Ltd. 0.70
Arshiya International Ltd 0.67
Maharashtra Seamless Ltd. 0.31
Banks 6.05
Central Bank of India 2.42
ICICI Bank Ltd. 2.05
South Indian Bank Ltd. 1.58
Industrial Products 5.97
Kirloskar Oil Engines Ltd. 2.41
Finolex Cables Ltd. 1.49
Sintex Industries Ltd. 1.48
Torrent Cables Ltd. 0.60
Telecom-Services 5.96
Bharti Airtel Ltd. 3.16
Reliance Communications Ltd. 2.80
Oil 3.24
Oil & Natural Gas Corporation Ltd. 2.73
Great Offshore Ltd. 0.51
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Infrastructure Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : April 01, 2006
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end growth scheme with the objective to providing for medium to long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India.
Investment Objective
Date of inception / takeover : March 17, 2006
Fund Manager : Mr. Mahesh Patil
NAV : Rs.
Growth : 14.2145
Dividend : 13.1988
Benchmark :S&P CNX NIFTY Average AUM: Rs. 499.70 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Infrastructure
Fund
Birla Infrastructure
Fund
S&P CNX NIFTY
S&P CNX NIFTY
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 24000 27950 27196 15.43 12.54
Last 1 year 12000 11956 11203 -0.69 -12.11
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
% R
etu
rns
Birla Infrastructure Fund - Growth S&P CNX Nifty
Petroleum Products 3.18
Reliance Industries Ltd. 3.18
Finance 3.03
Infrastructure Development Finance Co. Ltd 1.67
Housing Development Finance Corp. Ltd. 1.36
Rural Electrification Corpotation Ltd 1.10
Octive Investment ** 0.00
Cement 2.89
India Cements Ltd 2.04
Birla Corporation Ltd. 0.85
Transportation 1.49
Gateway Distriparks Ltd. 1.49
Gas 1.31
Gujarat Gas Co. Ltd. 1.31
Hotels 0.84
Taj GVK Hotels & Resorts Ltd. 0.84
Consumer Non Durables 0.27
Hindustan Sanitaryware & Industries Ltd. 0.27
Cash & Current Assets 3.97
Total Net Asset 100.00
A p r i l 2 0 0 8
Total outstanding exposure in derivatives as on March 31, 2008 is Rs 21.63 Crores (Notional value).
&&CNBC TV-18 CRISIL AWARD 2007
Birla Infrastructure Fund – GrowthEmerging Equity Fund of the Year
1 yr performance ended 31 Dec, ‘07. Total Schemes in Category = 14(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
2.89%
3.03%
3.18%
3.24%
3.97%
5.00%
5.96%
5.97%
6.05%
6.22%
11.02%
13.61%
13.62%
16.23%
Cement
Finance
Petroleum Products
Oil
Cash & Current Assets
Other Equity
Telecom-Services
Industrial Products
Banks
Ferrous Metals
Power
Construction
Money Market Instruments
Industrial Capital Goods
25.60
18.78
23.74
20.53
0
5
10
15
20
25
30
1 Year Since Inception
08
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Basic Industries Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 15.41Crompton Greaves Ltd. 3.64Bharat Heavy Electricals Ltd. 3.31Bharati Shipyard Ltd. 2.99Thermax Ltd. 2.20Voltamp Transformers Ltd. 1.82Jyoti Structures Ltd. 1.45
Petroleum Products 11.47Reliance Industries Ltd. 4.84Apar Industries Ltd. 3.00Hindustan Petroleum Corporation Ltd. 1.20Indian Oil Corporation Ltd. 0.89Bharat Petroleum Corporation Ltd. 0.78Chennai Petroleum Corporation Ltd. 0.77
Ferrous Metals 8.27Jindal Steel & Power Ltd. 3.21Jindal Saw Ltd. 2.40JSW Steel Ltd. 1.69Steel Authority of India Ltd. 0.72Tata Sponge Iron Ltd. 0.25
Banks 7.07ICICI Bank Ltd. 2.57Bank of Baroda 2.09Indian Bank 0.99HDFC Bank Ltd. 0.94State Bank of India 0.47
State Bank of India (Rights)** 0.00
Oil 7.00Great Offshore Ltd. 3.29Oil & Natural Gas Corporation Ltd. 2.48Cairn India Ltd. 1.24
Finance 6.94Housing Development Finance Corp. Ltd. 3.37Infrastructure Development Finance Co. Ltd. 1.56India Infoline Ltd. 0.85Indiabulls Securities Ltd. ** 0.76Rural Electrification Corpotation Ltd. 0.40
Construction 6.54Nagarjuna Construction Co. Ltd. 1.85Larsen & Toubro Ltd. 1.56Patel Engineering Ltd. 1.55Jaiprakash Associates Ltd. 0.83IVRCL Infrastructures & Projects Ltd. 0.74
Industrial Products 4.26Sintex Industries Ltd. 3.16TRF Ltd. 0.70Carborundum Universal Ltd. 0.40
Gas 2.79BOC India Ltd. 2.79
Power 2.16Tata Power Company Ltd. 2.16
Mining 1.97Gujarat NRE Coke Ltd 1.97
Cement 1.92India Cements Ltd 0.98Grasim Industries Ltd. 0.94
Chemicals 1.51Bombay Dyeing & Mfg. Co. Ltd. 1.51
Fertilisers 1.13Gujarat Narmada Valley Fertilisers Co. Ltd. 1.13
Auto Ancillaries 0.99Exide Industries Ltd. 0.99
Textile Products 0.86Alok Industries Ltd. 0.86
Non - Ferrous Metals 0.74Sterlite Industries (India) Ltd. 0.74
Cash & Current Assets 18.98
Total Net Asset 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Basic Industries Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : March 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes
are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate
of return)
A multi-sector open-end growth scheme with the objective of long term growth capital, through a portfolio with a target allocation of 100% equity, focusing on investing in companies sensitive to economic cycles andcommodity pricing cycles. The investments will be in companies which are often referred to as cyclical companies.
Investment Objective
Date of inception / takeover : January 15, 2000
Fund Manager : Mr. Ankit Sancheti
NAV : Rs.
Growth : 84.21
Dividend : 34.53
Benchmark : BSE 200 Average AUM : Rs. 140.14 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Basic Indus-
tries Fund
Birla Sun Life Basic Indus-
tries Fund
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 97000 305129 478568 27.46 38.32
Last 5 years 60000 125489 137543 30.04 33.94
Last 3 years 36000 50060 50739 22.65 23.63
Last 1 year 12000 11659 11689 -5.23 -4.78
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Birla SunLife Basic Industries - Growth BSE 200
% R
etu
rns
Load Structure (Incl. for SIP)Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
CRISIL~CPR 2^^Birla Sun Life Basic Industries Fund
Diversified Equity Scheme 73 Yrs ended 31-Dec-07 ( Schemes), 2 for ranking methodology please refer page 47(Past performance is no guarantee of future results.)
A p r i l 2 0 0 8
** Represents thinly traded / non traded securities. Total outstanding exposure in derivatives as on March 31, 2008 is Rs 6.89 Crores (Notional value). Total Percentage of thinly/non traded securities is 0.76%.
2.16%
2.79%
4.26%
6.54%
6.94%
7.00%
7.07%
8.27%
9.12%
11.47%
15.41%
18.98%
Power
Gas
Industrial Products
Construction
Finance
Oil
Banks
Ferrous Metals
Other Equity
Petroleum Products
Industrial Capital Goods
Cash & Current Assets
32.02 32.16
48.29
29.62
23.99
30.56
39.96
14.96
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
09
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla India GenNext Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Consumer Non Durables 25.83ITC Ltd. 4.28Glaxosmithkline Consumer Healthcare Ltd. 4.03United Spirits Ltd. 3.86Dabur India Ltd. 2.95Asian Paints (India) Ltd. 2.76Radico Khaitan Ltd 2.44Shaw Wallace Company Ltd. 2.00Titan Industries Ltd. 1.80Godrej Consumer Products Ltd. 1.14Colgate-Palmolive (India) Ltd. 0.58
Banks 14.41Axis Bank Ltd. 5.39Federal Bank Ltd. 4.35Allahabad Bank 1.94Oriental Bank of Commerce 1.52Union Bank of India 1.22
Media & Entertainment 8.61Television Eighteen India Ltd. 3.53Zee Entertainment Enterprises Ltd 2.53
HT Media Ltd. 2.20Inox Leisure Ltd. 0.36
Software 5.54Educomp Solutions Ltd. 2.96Everonn Systems India Ltd. 2.58
Auto 5.31Maruti Suzuki India Ltd. 2.86Hero Honda Motors Ltd. 2.45
Pharmaceuticals 5.17Sun Pharmaceutical Industries Ltd. 4.41Glaxosmithkline Pharmaceuticals Ltd. 0.76
Hotels 5.06Country Club 3.66Taj GVK Hotels & Resorts Ltd. 1.40
Finance 4.63Housing Development Finance Corp. Ltd. 4.63
Telecom-Services 3.07Reliance Communications Ltd. 3.07
Retailing 3.01Pantaloon Retail (India) Ltd. 3.01
Textile Products 2.82Raymond Ltd. 2.82
Trading 2.53Adani Enterprises Ltd. 2.53
Cement 2.50Orient Paper & Industries Ltd. 2.50
Transportation 1.70Jet Airways (India) Ltd. 1.70
Cash & Current Assets 9.82
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla India GenNext Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : September 1, 2005
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to target growth of capital by investing in equity/equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation (Generation Next). The scheme
will invest in companies that have the following characteristics: 1. Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand identity, thereby enabling choice.
Investment ObjectiveInvestment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla India GenNext
Fund
Birla India GenNext
Fund
S&P CNX NIFTY
S&P CNX NIFTY
Since Inception 31000 40209 36883 20.71 13.57
Last 1 year 12000 11956 11168 -0.69 -12.63Date of inception / takeover : August 05, 2005
Fund Manager : Mr. Sanjay Chawla & Mr. A. Balasubramaniam
NAV : Rs.
Growth : 17.43
Dividend : 15.38
Benchmark : S&P CNX NIFTY Average AUM : Rs. 117.95 Crores
Value Blend Growth Size
Large
Mid
Small
Investment Style
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:< Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Birla India GenNext Fund - Growth S&P CNX Nifty
% R
etu
rns
A p r i l 2 0 0 8
1.70%
2.50%
2.53%
2.82%
3.01%
3.07%
4.63%
5.06%
5.17%
5.31%
5.54%
8.61%
9.82%
14.41%
25.83%
Other Equity
Cement
Adani Enterprises Ltd.
Textile Products
Retailing
Telecom-Services
Finance
Hotels
Pharmaceuticals
Auto
Software
Media & Entertainment
Cash & Current Assets
Banks
Consumer Non Durables
12.09
23.2823.74
29.96
0
5
10
15
20
25
30
35
1 Year Since Inception
10
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
As on 31st March, 2008
Birla Advantage Fund
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 12.40
Indian Bank 2.28
Bank of India 2.26
Axis Bank Ltd. 2.23
HDFC Bank Ltd. 2.22
State Bank of India 1.87
Kotak Mahindra Bank Ltd. 1.53
State Bank of India (Rights) ** 0.00
Money Market Instruments 11.21
National Bank for Agri & Rural Devp 11.21
Industrial Capital Goods 8.50
Bharat Heavy Electricals Ltd. 3.29
Bharat Electronics Ltd. 2.10
Bharati Shipyard Ltd. 1.70
Thermax Ltd. 1.40
Consumer Non Durables 8.30
United Spirits Ltd. 3.52
Balrampur Chini Mills Ltd. 2.08
ITC Ltd. 1.88
Eveready Industries India Ltd. 0.82
Construction 8.14
Housing Development & Infrastructure Ltd 2.12
Jaiprakash Associates Ltd. 2.06
Larsen & Toubro Ltd. 1.48
Punj Lloyd Ltd. 1.42
Hindustan Construction Co. Ltd. 0.99
Dharti Dredging & Construction Ltd. ** 0.08
Finance 7.36
Housing Development Finance Corp. Ltd. 3.75
Reliance Capital Ltd. 1.72
ICRA Ltd. 1.02
Indiabulls Securities ** 0.86
Telecom-Services 7.22
Reliance Communications Ltd. 4.89
Bharti Airtel Ltd. 2.33
Petroleum Products 6.37
Reliance Industries Ltd. 4.13
Indian Oil Corporation Ltd. 2.24
Ferrous Metals 6.17
Jindal Steel & Power Ltd. 3.95
Welspun Gujarat Stahl Rohren Ltd. 2.21
Diversified Industries 3.87
Aditya Birla Nuvo Ltd. 2.61
United Breweries Holdings Ltd. 1.26
Software 3.84
Satyam Computer Services Ltd. 2.76
Subex Ltd. 1.08
Cement 1.73
Century Textile & Industries Ltd. 1.73
Gas 1.64
GAIL (India) Ltd. 1.64
Pharmaceuticals 1.63
Glenmark Pharmaceuticals Ltd. 1.63
Media & Entertainment 1.54
Television Eighteen India Ltd. 1.54
Auto 1.08
Tata Motors Ltd. 1.08
Transportation 0.88
Mundra Port and Special Economic Zone Ltd 0.88
Hotels 0.92
Indian Hotels Co. Ltd. 0.85
Indian Hotels Co. Ltd.(Rights) ** 0.07
Power 0.75
GVK Power & Infrastructure Ltd. 0.75
Cash & Current Assets 6.46
Total Net Asset 100.00
**Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on March 31, 2008 is Rs 33.36 Crores (Notional value). Total Percentage of thinly/non traded securities is 1.01%.
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Advantage Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : March 01, 1995
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk through a diversified research based investment approach.
Investment Objective
Date of inception / takeover : February 24, 1995
Fund Manager : Mr. A. Balasubramaniam
NAV : Rs.
Growth : 129.8850
Dividend : 93.2030
Benchmark : BSE Sensex Average AUM : Rs. 444.27 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Advantage
Fund
Birla Advantage
Fund
BSESensex
BSESensex
Since Inception 157000 554551 1026867 17.78 26.01
Last 5 years 60000 128809 119221 31.14 27.87
Last 3 years 36000 50699 44565 23.57 14.38
Last 1 year 12000 11630 10691 -5.68 -19.63
Value Blend Growth Size
Large
Mid
Small
Investment Style
Birla Advantage Fund - Growth BSE Sensex
% R
etu
rns
Load Structure (Incl. for SIP)Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:£ Rs. 5 crores-0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
A p r i l 2 0 0 8
3.84%
3.87%
6.17%
6.37%
6.46%
7.22%
7.36%
8.14%
8.30%
8.50%
10.16%
11.21%
12.40%
Software
Diversified Industries
Ferrous Metals
Petroleum Products
Cash & Current Assets
Telecom-Services
Finance
Construction
Consumer Non Durables
Industrial Capital Goods
Other Equity
Money Market Instruments
Banks
9.14
26.24
41.44
23.36
19.56
34.03
38.64
12.21
0
5
10
15
20
25
30
35
40
45
1 Year 3 Years 5 Years Since Inception
11
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Equity PlanAn Open-ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 15.20Federal Bank Ltd. 3.23Indian Bank 2.70Punjab National Bank 2.44Indian Overseas Bank 1.90HDFC Bank Ltd. 1.87State Bank of India 1.79Oriental Bank of Commerce 1.27State Bank of India (Rights) ** 0.00
Ferrous Metals 7.91Welspun Gujarat Stahl Rohren Ltd. 4.29Tata Steel Ltd. 3.62
Consumer Non Durables 6.79ITC Ltd. 3.39Tata Tea Ltd. 1.84Ruchi Soya Industries Ltd. 1.56
Petroleum Products 6.45Reliance Industries Ltd. 3.38Bharat Petroleum Corporation Ltd. 3.07
Industrial Products 6.07TRF Ltd. 3.42Kirloskar Oil Engines Ltd. 2.65
Industrial Capital Goods 6.03Bharat Bijlee Ltd. 2.56
Bharat Heavy Electricals Ltd. 2.36Bharat Earth Movers Ltd. 1.11
Auto 5.41Maruti Suzuki India Ltd. 4.33Hero Honda Motors Ltd. 1.08
Pharmaceuticals 5.12Sun Pharmaceutical Industries Ltd. 3.73Dishman Pharmaceuticals & Chemicals Ltd. 1.40
Power 5.12Tata Power Company Ltd. 3.06NTPC Ltd. 2.06
Oil 4.56Cairn India Ltd. 3.11Oil & Natural Gas Corporation Ltd. 1.45
Auto Ancillaries 4.45Goodyear India Ltd. 2.50Automobile Corporation of Goa Ltd. 1.95
Diversified Industries 3.12Aditya Birla Nuvo Ltd. 3.12
Telecom-Services 3.03Reliance Communications Ltd. 3.03
Finance 2.94Infrastructure Development Finance Co. Ltd 2.94
Chemicals 2.90Godrej Industries Ltd. 2.28Solar Explosives Ltd. 0.62
Media & Entertainment 2.46Zee Entertainment Enterprises Ltd 2.46
Retailing 2.25Pantaloon Retail (India) Ltd. 2.25
Gas 1.57Gujarat Gas Co. Ltd. 1.57
Transportation 1.54Mundra Port and Special Economic Zone Ltd 1.54
Hotels 1.41Taj GVK Hotels & Resorts Ltd. 1.41
Construction 1.21JMC Projects India Ltd. 1.21
Cash & Current Assets 4.47
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Equity Plan…
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : March 01,1999
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment.
Investment Objective
Date of inception / takeover : February 16, 1999
Fund Manager : Mr. Sanjay Chawla
NAV : Rs.
Growth* : 11.90
Dividend : 56.63
*Introduced with effect from 01/10/06
Load Structure (Incl. for SIP):Entry Load* : < Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : NIL
Benchmark : BSE Sensex Average AUM : Rs. 144.63 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Equity Plan
Birla Equity Plan
BSESensex
BSESensex
Since Inception 109000 334232 500797 23.59 32.00
Last 5 years 60000 128809 133298 31.14 32.60
Last 3 years 36000 50699 45844 23.57 16.36
Last 1 year 12000 11630 10763 -5.68 -18.58
Value Blend Growth Size
Large
Mid
Small
Investment Style
#iiiiValue Research Rating
Birla Equity PlanEquity: Tax Planning ( Schemes), 5 30 Yrs ended 31-Mar-08
Birla Equity Plan - Dividend BSE Sensex
for ranking methodology please refer page 47(Past performance is no guarantee of future results.)
% R
etu
rns
A p r i l 2 0 0 8
**Represents thinly traded/ non traded securities.
2.25%
2.46%
2.90%
2.94%
3.03%
3.12%
4.45%
4.47%
4.56%
5.12%
5.12%
5.41%
5.73%
6.03%
6.07%
6.45%
6.79%
7.91%
15.20%
Retailing
Media & Entertainment
Chemicals
Finance
Telecom-Services
Diversified Industries
Auto Ancillaries
Cash & Current Assets
Oil
Power
Pharmaceuticals
Auto
Other Equity
Industrial Capital Goods
Industrial Products
Petroleum Products
Consumer Non Durables
Ferrous Metals
Banks
14.49
29.59
50.50
29.80
19.56
34.03
38.64
18.42
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
12
*For direct application: Entry Load is Nil.
Birla Index Fund
As on 31st March, 2008
Portfolio
Petroleum Products 12.34Reliance Industries Ltd. 9.81Reliance Petroleum Ltd. 2.09Bharat Petroleum Corporation Ltd. 0.44
Telecom-Services 9.04Bharti AirTel Ltd. 4.67Reliance Communications Ltd. 3.13Idea Cellular Ltd. 0.81Tata Communications Ltd. 0.44
Software 7.99Infosys Technologies Ltd. 2.45Tata Consultancy Services Ltd. 2.36Wipro Ltd. 1.88Satyam Computer Services Ltd. 0.79HCL Technologies Ltd. 0.50
Power 7.70NTPC Ltd. 4.83Reliance Energy Ltd. 0.88Tata Power Company Ltd. 0.76Power Grid Corp Of India 1.23
Oil 7.43Oil and Natural Gas Corporation Ltd. 6.24Cairn India Ltd. 1.19
Construction 7.26DLF Ltd. 3.28Larsen & Toubro Ltd. 2.64
Unitech Ltd. 1.34
Banks 6.90ICICI Bank Ltd. 2.52State Bank of India 2.49HDFC Bank Ltd. 1.41Punjab National Bank 0.48State Bank of India (Rights)** 0.00
Industrial Capital Goods 5.55Bharat Heavy Electricals Ltd. 3.01Suzlon Energy Ltd. 1.18ABB Ltd. 0.75Seimens Ltd. 0.62
Ferrous Metals 3.86Steel Authority of India Ltd. 2.28Tata Steel Ltd. 1.58
Consumer Durables 3.80ITC Ltd. 2.31Hindustan Unilever Ltd. 1.49
Non-Ferrous Metals 2.98Sterlite Industries (India) Ltd. 1.51National Aluminium Company Ltd. 0.87Hindalco Industries Ltd. 0.60
Auto 2.35Tata Motors Ltd. 0.71Maruti Udyog Ltd. 0.71
Mahindra & Mahindra Ltd. 0.51Hero Honda Motors Ltd. 0.42
Pharmaceuticals 2.04Sun Pharmaceutical Industries Ltd. 0.74Cipla Ltd. 0.51Ranbaxy Laboratories Ltd. 0.49Dr. Reddys Laboratories Ltd. 0.30
Finance 2.00Housing Development Finance Corp. Ltd. 2.00
Cement 1.72Grasim Industries Ltd. 0.71Ambuja Cements Ltd. 0.55The Associated Cement Companies Ltd. 0.46
Gas 1.07GAIL India Ltd. 1.07
Media & Entertainment 0.32Zee Entertainment Enterprises Ltd. 0.32
Cash & Current Assets 15.66
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Total outstanding exposure in derivatives as on March 31, 2008 is Rs 5.16 Crores (Notional value).
Asset AllocationInvestment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Birla Index Fund - Growth S&P CNX Nifty
% R
etu
rns
An Open-ended index-linked growth scheme with the objective to generate returns commensurate with the performance of Nifty subject to tracking errors.
Investment Objective
Date of inception / takeover : September 18, 2002
Fund Manager : Mr. Ajay Garg
NAV : Rs.
Growth : 47.74
Dividend : 18.47
Load Structure (Incl. for SIP) Entry Load : NilExit Load : Nil
Benchmark : S & P CNX Nifty Average AUM : Rs. 33.90 Crores
Systematic Investment Plan (SIP)
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Index Fund…
Date of First Installment : October 1, 2002
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Index Fund
Birla Index Fund
S&P CNX NIFTY
S&P CNX NIFTY
Since Inception 66000 153813 150740 31.09 30.33
Last 5 years 60000 126185 123622 30.27 29.40
Last 3 years 36000 51419 50678 24.60 23.54
Last 1 year 12000 11955 11925 -0.69 -1.16
A p r i l 2 0 0 8
2.04%
2.35%
2.98%
3.80%
3.86%
5.10%
5.55%
6.90%
7.26%
7.43%
7.70%
7.99%
9.04%
12.34%
15.66%
Pharmaceuticals
Auto
Non-Ferrous Metals
Consumer Durables
Ferrous Metals
Other Equity
Industrial Capital Goods
Banks
Construction
Oil
Power
Software
Telecom-Services
Petroleum Products
Cash & Current Assets
25.51
31.90
36.60
32.62
23.74
32.46
37.03
32.82
0
5
10
15
20
25
30
35
40
1 Year 3 Years 5 Years Since Inception
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style
13
Birla Sun Life New Millennium Fund
As on 31st March, 2008
A multi-sector open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies.
Investment Objective
Date of inception / takeover : January 15, 2000
Fund Manager : Mr. Atul Penkar
NAV : Rs.
Growth : 17.93
Dividend : 15.29
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:£ Rs. 5 crores-0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
Benchmark : BSE Teck Average AUM : Rs. 83.24 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life New Millennium Fund...
Systematic Investment Plan (SIP)
Date of First Installment : March 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life New Millenn-
ium Fund
Birla Sun Life New Millenn-
ium Fund
BSE Teck BSE Teck
Since Inception 97000 208413 251564 18.37 22.85
Last 5 years 60000 105723 115778 22.85 26.64
Last 3 years 36000 39870 41930 6.75 10.17
Last 1 year 12000 9963 10157 -27.22
CRISIL~CPR 2^^Birla Sun Life New Millennium Fund
Sectoral IT Scheme 7 Yrs ended 31-Dec-07 ( Schemes), 2
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
Portfolio
Software 39.13
Satyam Computer Services Ltd. 7.39
Tata Consultancy Services Ltd. 5.87
Educomp Solutions Ltd. 5.15
Megasoft Ltd. 4.68
3i Infotech Ltd. 3.13
Infotech Enterprises Ltd. 2.97
Tanla Solutions Ltd. 2.69
Infosys Technologies Ltd. 2.59
HCL Technologies Ltd. 1.83
Subex Ltd. 1.56
I-Flex Solutions Ltd. 0.50
Allsec Technologies Ltd. 0.45
Tech Mahindra Ltd. 0.33
Media & Entertainment 26.00
Zee Entertainment Enterprises Ltd 6.64
Jagran Prakashan Ltd. 3.65
Television Eighteen India Ltd. 3.42
Balaji Telefilms Ltd. 3.06
Deccan Chronicle Holdings Ltd. 2.92
New Delhi Television India Ltd. 2.82
PVR Ltd. 2.15
Adlabs Films Ltd. 1.33
Magnasound India Ltd.** 0.00
Telecom-Services 14.80
Reliance Communications Ltd. 6.75
Bharti Airtel Ltd. 6.48
Spice Communications Ltd. 1.57
Hardware 8.61
Allied Digital Services Ltd. 7.67
HCL Infosystems Ltd. 0.94
Cash & Current Assets 11.46
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Asset AllocationInvestment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Birla SunLife New Millennium Fund - Growth BSE Teck
% R
etu
rns
A p r i l 2 0 0 8
**Represents thinly traded/non traded securities.
8.61%
11.46%
14.80%
26.00%
39.13%
Hardware
Cash & Current Assets
Telecom-Services
Media & Entertainment
Software
-10.43
24.98
37.66
7.37
-14.23
20.40
32.18
-20
-10
0
10
20
30
40
50
1 Year
3 Years 5 Years Since Inception
14
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Top 100 Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 10.44ICICI Bank Ltd. 2.57Bank of India 2.29Axis Bank Ltd. 1.87Oriental Bank of Commerce 1.51State Bank of India 1.47HDFC Bank Ltd. 0.72State Bank of India (Rights) ** 0.00
Money Market Instruments 10.09Canara Bank 10.09
Petroleum Products 9.35Reliance Industries Ltd. 8.29Reliance Petroleum Ltd. 1.06
Industrial Capital Goods 7.78Bharat Heavy Electricals Ltd. 5.07Bharat Electronics Ltd. 1.42Suzlon Energy Ltd. 1.29
Telecom-Services 7.20Reliance Communications Ltd. 3.73Bharti Airtel Ltd. 3.47
Consumer Non Durables 6.34ITC Ltd. 3.92United Spirits Ltd. 1.47Balrampur Chini Mills Ltd. 0.96
Construction 5.91IVRCL Infrastructures & Projects Ltd. 1.92
Nagarjuna Construction Co. Ltd. 1.47Larsen & Toubro Ltd. 1.12Punj Lloyd Ltd. 0.84DLF Ltd. 0.55
Ferrous Metals 5.89Tata Steel Ltd. 2.09Sesa Goa Ltd. 2.04Welspun Gujarat Stahl Rohren Ltd. 1.77
Power 3.87NTPC Ltd. 1.95CESC Ltd. 1.92
Media & Entertainment 3.19Television Eighteen India Ltd. 1.64Zee Entertainment Enterprises Ltd 1.55
Oil 2.99Oil & Natural Gas Corporation Ltd. 2.99
Finance 3.18Housing Development Finance Corp. Ltd. 2.91Rural Electrification Corpotation Ltd. 0.28
Software 2.40Infosys Technologies Ltd. 1.71Subex Ltd. 0.70
Auto 2.36Hero Honda Motors Ltd. 1.30Tata Motors Ltd. 1.07
Gas 2.30GAIL (India) Ltd. 2.30
Consumer Durables 2.08Voltas Ltd. 2.08
Cement 2.03India Cements Ltd 2.03
Auto Ancillaries 2.01Bosch Limited. 2.01
Industrial Products 1.97Sintex Industries Ltd. 1.97
Transportation 1.95Great Eastern Shipping Company Ltd. 1.95
Pharmaceuticals 1.24Sun Pharmaceutical Industries Ltd. 1.24
Non - Ferrous Metals 1.05Sterlite Industries (India) Ltd. 1.05
Trading 0.43Adani Enterprises Ltd. 0.43
Cash & Current Assets 3.95
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Top 100 Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : November 1, 2005
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-ended growth scheme with the objective to provide medium to longterm cap i t a l app rec i a t i on , by i nves t i ng predominantly in a diversified portfolio of equity and equity related securities of top 100 companies as measured by market capitalization.
Investment Objective
Date of inception / takeover : October 24, 2005
Fund Manager : Mr. Ajay Argal
NAV : Rs.
Growth : 16.86
Dividend : 15.29
Benchmark : S & P CNX Nifty Average AUM : Rs. 375.76 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Top 100
Fund
Birla Top 100
Fund
S&P CNX NIFTY
S&P CNX NIFTY
Since Inception 29000 36440 32525 19.37 9.46
Last 1 year 12000 11956 11045 -0.69 -14.45
Value Blend Growth Size
Large
Mid
Small
Investment Style
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:< Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Birla Top 100 Fund - Growth S&P CNX Nifty
% R
etu
rns
A p r i l 2 0 0 8
**Represents thinly traded/non traded securities.
2.01%
2.03%
2.08%
2.30%
2.36%
2.40%
2.99%
3.18%
3.19%
3.87%
3.95%
5.89%
5.91%
6.34%
6.64%
7.20%
7.78%
9.35%
10.09%
10.44%
Auto Ancillaries
Cement
Consumer Durables
Gas
Auto
Software
Oil
Finance
Media & Entertainment
Power
Cash & Current Assets
Ferrous Metals
Construction
Consumer Non Durables
Other Equity
Telecom-Services
Industrial Capital Goods
Petroleum Products
Money Market Instruments
Banks
12.28
23.9123.74
32.29
0
5
10
15
20
25
30
35
1 Year Since Inception
15
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Buy India Fund
As on 31st March, 2008
Asset AllocationInvestment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Birla SunLife Buy India Fund - Growth BSE 200
% R
etu
rns
Portfolio
Consumer Non Durables 26.31United Spirits Ltd. 5.76Tata Tea Ltd. 5.73E.I.D. Parry (India) Ltd. 4.52ITC Ltd. 3.48Shaw Wallace Company Ltd. 3.47Radico Khaitan Ltd 3.33
Pharmaceuticals 15.21Sun Pharmaceutical Industries Ltd. 6.11Glaxosmithkline Pharmaceuticals Ltd. 3.66Pfizer Ltd. 2.73Aventis Pharma Ltd. 2.71
Media & Entertainment 10.12UTV Software Communications Ltd. 4.61Television Eighteen India Ltd. 3.05PVR Ltd. 2.45
Magnasound India Ltd.** 0.00
Hotels 7.02Taj GVK Hotels & Resorts Ltd. 3.67Asian Hotels Ltd. 3.35
Auto 7.00Maruti Suzuki India Ltd. 4.94Hero Honda Motors Ltd. 2.06
Diversified Industries 5.70United Breweries Holdings Ltd. 5.70
Pesticides 5.15Rallis India Ltd. 5.15
Telecom-Services 4.57Bharti Airtel Ltd. 2.95
Reliance Communications Ltd. 1.61
Gas 4.07Indraprastha Gas Ltd. 4.07
Finance 3.55Housing Development Finance Corp. Ltd. 3.55
Banks 1.84ICICI Bank Ltd. 1.84
Retailing 0.00Trent Ltd. - Warrants** 0.00
Cash & Current Assets 9.47
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
**Represents thinly traded/non traded securities.
A multi-sector open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in businesses that are driven by India's large population and inherent consumption patterns. The focus of the scheme will be in the consumer and healthcare sectors.
Investment Objective
Date of inception / takeover : January 15, 2000
Fund Manager : Mr. Ajay Garg
NAV : Rs.
Growth : 27.79
Dividend : 19.51
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:£ Rs. 5 crores-0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
Benchmark : BSE 200 Average AUM : Rs. 51.52 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Buy India Fund...
Systematic Investment Plan (SIP)
Date of First Installment : March 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Buy India
Fund
Birla Sun Life Buy India
Fund
BSE 200 BSE 200
Since Inception 97000 305129 321807 27.46 28.74
Last 5 years 60000 125489 129279 30.04 31.30
Last 3 years 36000 50060 42493 22.65 11.08
Last 1 year 12000 11660 11037 -5.23 -14.56
A p r i l 2 0 0 8
1.84%
3.55%
4.07%
4.57%
5.15%
5.70%
7.00%
7.02%
9.47%
10.12%
15.21%
26.31%
Other Equity
Finance
Gas
Telecom-Services
Pesticides
Diversified Industries
Auto
Hotels
Cash & Current Assets
Media & Entertainment
Pharmaceuticals
Consumer Non Durables
4.88
27.62
46.71
13.25
23.99
30.56
39.96
14.96
0
5
10
15
20
25
30
35
40
45
50
1 Year 3 Years 5 Years Since Inception
16
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla MNC Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Pharmaceuticals 14.46
Pfizer Ltd. 5.49
Fulford (India) Ltd. 3.41
Glaxosmithkline Pharmaceuticals Ltd. 3.06
Wyeth Ltd. 2.50
Consumer Non Durables 14.05
ITC Ltd. 4.03
Glaxosmithkline Consumer Healthcare Ltd. 3.97
Colgate-Palmolive (India) Ltd. 3.48
Kansai Nerolac Paints Ltd. 2.57
Industrial Capital Goods 13.78
ABB Ltd. 3.82
Areva T&D India Ltd. 3.52
Siemens Ltd. 3.32
Honeywell Automation India Ltd. 3.12
Banks 12.84
ING Vysya Bank Ltd. 9.93
Yes Bank Ltd. 2.91
Finance 9.25
CRISIL Ltd. 5.22
ICRA Ltd. 4.04
Industrial Products 6.30
Cummins India Ltd. 4.86
Fag Bearings India Ltd. 1.45
Ferrous Metals 6.11
Sesa Goa Ltd. 6.11
Gas 5.60
Gujarat Gas Co. Ltd. 3.54
BOC India Ltd. 2.06
Auto 4.86
Maruti Suzuki India Ltd. 4.86
Telecom-Services 4.84
Bharti Airtel Ltd. 4.84
Auto Ancillaries 3.66
Sundaram-Clayton Ltd. 2.80
Federal Mogul Goetze (India) Ltd. 0.86
Construction 2.52
ITD Cementation India Ltd. 2.52
Cement 0.81
Mysore Cements Ltd. 0.81
Cash & Current Assets 0.93
Total Net Asset 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla MNC Fund…
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : January 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach.
Investment Objective
Date of inception / takeover : December 27, 1999
Fund Manager : Mr. A. Balasubramaniam
NAV : Rs.
Growth : 120.99
Dividend : 60.65
Benchmark : S & P CNX MNC Average AUM : Rs. 153.30 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla MNCFund
Birla MNCFund
S&P CNX MNC
S&P CNX MNC
Since Inception 99000 201190 269383 16.68 23.46
Last 5 years 60000 100729 105037 20.85 22.58
Last 3 years 36000 42865 41276 11.68 9.09
Last 1 year 12000 11086 11098 -13.84 -13.66
Value Blend Growth Size
Large
Mid
Small
Investment Style
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Birla MNC Fund - Growth S&P CNX MNC
% R
etu
rns
Load Structure (Incl. for SIP)Entry Load* : < Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load** : £ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
A p r i l 2 0 0 8
0.81%
0.93%
2.52%
3.66%
4.84%
4.86%
5.60%
6.11%
6.30%
9.25%
12.84%
13.78%
14.05%
14.46%
Other Equity
Cash & Current Assets
Construction
Auto Ancillaries
Telecom-Services
Auto
Gas
Ferrous Metals
Industrial Products
Finance
Banks
Industrial Capital Goods
Consumer Non Durables
Pharmaceuticals
4.83
21.97
35.07
15.05
7.74
26.61
14.04
8.63
0
5
10
15
20
25
30
35
40
1 Year 3 Years 5 Years Since Inception
17
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla India Opportunities Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 16.08
Crompton Greaves Ltd. 5.57
Honeywell Automation India Ltd. 3.99
ABB Ltd. 2.69
Siemens Ltd. 2.31
Bharat Electronics Ltd. 0.88
Areva T&D India Ltd. 0.63
Software 13.89
Satyam Computer Services Ltd. 6.50
Infotech Enterprises Ltd. 3.30
I-Flex Solutions Ltd. 2.33
Tanla Solutions Ltd. 1.75
Ferrous Metals 8.54
Welspun Gujarat Stahl Rohren Ltd. 4.42
Sesa Goa Ltd. 2.06
Jindal Steel & Power Ltd. 2.05
Textile Products 7.67
Raymond Ltd. 5.30
Alok Industries Ltd. 2.37
Telecom-Services 6.33
Reliance Communications Ltd. 6.33
Petroleum Products 4.91
Reliance Industries Ltd. 4.91
Industrial Products 4.40
Sintex Industries Ltd. 2.92
Everest Kanto Cylinder Ltd. 1.47
Consumer Durables 4.28
Voltas Ltd. 4.28
Diversified Industries 4.19
United Breweries Holdings Ltd. 4.19
Consumer Non Durables 3.55
Hanung Toys & Textiles Ltd. 3.55
Finance 2.91
CRISIL Ltd. 2.91
Construction 2.57
Punj Lloyd Ltd. 2.57
Non - Ferrous Metals 2.35
Sterlite Industries (India) Ltd. 2.35
Oil 1.99
Aban Offshore Ltd. 1.99
Auto Ancillaries 1.99
Shree Ganesh Forgings Ltd. 1.77
Amtek India Ltd. 0.22
Cash & Current Assets 14.35
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla India Opportunities Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : January 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve superior long-term growth of capital by investing in shares of companies that do one or more of the following: Leverage India's intellectual capital for providing services, research and creative inputs; Seek to use current and impending changes in patent
laws / import tariffs / quotas to supply goods and services; Leverage India's lower labour costs for providing services and manufactured goods; Leverage India's large population of English speaking people for providing services.
Investment Objective
Date of inception / takeover : December 27, 1999
Fund Manager : Mr. Atul Penkar
NAV : Rs.
Growth : 46.09
Dividend : 19.79
Benchmark : S & P CNX 500 Average AUM : Rs. 60.68 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla India Opportunities
Fund
Birla India Opportunities
Fund
S&P CNX 500
S&P CNX 500
Since Inception 99000 305602 247252 26.40 21.47
Last 5 years 60000 123703 97228 29.43 19.40
Last 3 years 36000 48745 38915 20.73 5.13
Last 1 year 12000 11558 10235 -6.78 -26.13
Value Blend Growth Size
Large
Mid
Small
Investment Style
Birla India Opportunities Fund - Growth S&P CNX 500
% R
etu
rns
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:£ Rs. 5 crores-0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
A p r i l 2 0 0 8
Total outstanding exposure in derivatives as on March 31, 2008 is Rs 0.97 Crores (Notional value).
2.35%
2.57%
2.91%
3.55%
3.99%
4.19%
4.28%
4.40%
4.91%
6.33%
7.67%
8.54%
13.89%
14.35%
16.08%
Non - Ferrous Metals
Construction
Finance
Consumer Non Durables
Other Equity
Diversified Industries
Consumer Durables
Industrial Products
Petroleum Products
Telecom-Services
Textile Products
Ferrous Metals
Software
Cash & Current Assets
Industrial Capital Goods
-7.89
18.79
30.71
8.38
21.51
29.20
40.35
15.62
-20
-10
0
10
20
30
40
50
1 Year 3 Years 5 Years Since Inception
18
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Dividend Yield Plus
As on 31st March, 2008
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Dividend Yield Plus...
Systematic Investment Plan (SIP)
Date of First Installment : March 01, 2003
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield.
Investment Objective
Date of inception / takeover : February 26, 2003
Fund Manager : Mr. Ankit Sancheti
NAV : Rs.
Growth : 46.2521
Dividend : 10.3849
Benchmark : S & P CNX 500 Average AUM : Rs. 257.64 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Dividend Yield Plus
Birla Dividend Yield Plus
S&P CNX 500
S&P CNX 500
Since Inception 61000 128727 107595 29.85 22.49
Last 5 years 60000 123704 102983 29.43 21.77
Last 3 years 36000 48745 41777 20.73 9.92
Last 1 year 12000 11558 11269 -6.78 -11.12
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Petroleum Products 13.54Chennai Petroleum Corporation Ltd. 3.34Hindustan Petroleum Corporation Ltd. 3.31Indian Oil Corporation Ltd. 2.76Apar Industries Ltd. 2.76Castrol (India) Ltd. 1.38
Consumer Non Durables 12.11Glaxosmithkline Consumer Healthcare Ltd. 2.22Shaw Wallace Company Ltd. 2.13Kansai Nerolac Paints Ltd. 2.05Procter & Gamble Hygiene & Health Care Ltd. 1.61Colgate-Palmolive (India) Ltd. 1.60Berger Paints India Ltd. 1.43Eveready Industries India Ltd. 1.08
Banks 11.93Andhra Bank 3.07Indian Overseas Bank 2.66Vijaya Bank 2.10Union Bank of India 2.06Bank of Baroda 2.04
Money Market Instruments 9.23Canara Bank 9.23
Pharmaceuticals 8.67Wyeth Ltd. 4.17Glaxosmithkline Pharmaceuticals Ltd. 3.08Pfizer Ltd. 1.42
Fertilisers 5.59Tata Chemicals Ltd. 2.24Gujarat Narmada Valley Fertilisers Co. Ltd 1.61Rashtriya Chemicals & Fertilizers Ltd. 1.54
DCM Shriram Consolidated Ltd. 0.21
Power 5.23KEC International Ltd. 2.99Neyveli Lignite Corporation Ltd. 2.24
Oil 5.14Oil & Natural Gas Corporation Ltd. 5.14
Transportation 4.86Great Eastern Shipping Company Ltd. 2.07Gateway Distriparks Ltd. 1.55Varun Shipping Company Ltd. 1.25
Paper 3.36Tamil Nadu Newsprint & Papers Ltd. 3.36
Chemicals 3.04Clariant Chemicals (India) Ltd. 3.04
Gas 2.70Indraprastha Gas Ltd. 1.35GAIL (India) Ltd. 1.35
Hardware 1.89HCL Infosystems Ltd. 1.89
Auto Ancillaries 1.72Sundaram-Clayton Ltd. 1.12Goodyear India Ltd. 0.52Rane (Madras) Ltd. 0.08
Industrial Products 1.44Cosmo Films Ltd. 1.44
Media & Entertainment 1.12Balaji Telefilms Ltd. 1.12
Auto 1.01Hero Honda Motors Ltd. 0.68Bajaj Auto Ltd. ** 0.32
Ferrous Metals 0.92Tata Metaliks Ltd. 0.92
Diversified Industries 0.91United Breweries Holdings Ltd. 0.91
Consumer Durables 0.84Salora International Ltd. 0.84
Finance 1.00Bajaj Holdings & Investment Ltd 0.43Rural Electrification Corpotation Ltd 0.39Bajaj Finserv Ltd ** 0.18Octav Investment Ltd ** 0.00
Tours & Travels 0.39Thomas Cook India Ltd. 0.39
Telecom-Equipment & Accessories 0.10Avaya Global Connect Ltd. 0.10
Cash & Current Assets 3.27
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:£ Rs. 5 crores-0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Dividend Yield Plus - Growth S&P CNX 500
A p r i l 2 0 0 8
**Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is 0.50%.
2.70%
3.04%
3.27%
3.36%
4.86%
5.14%
5.23%
5.59%
8.67%
9.23%
11.34%
11.93%
12.11%
13.54%
Gas
Chemicals
Cash & Current Assets
Paper
Transportation
Oil
Power
Fertilisers
Pharmaceuticals
Money Market Instruments
Other Equity
Banks
Consumer Non Durables
Petroleum Products
15.71
17.98
36.4835.06
21.51
29.20
40.35
37.58
0
5
10
15
20
25
30
35
40
45
1 Year 3 Years 5 Years Since Inception
19
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
As on 31st March, 2008
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan A (BSLIEF - Plan A)...
Systematic Investment Plan (SIP)
Date of First Installment : December 01, 2007
The data assumes the investment of Rs. 1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Birla Sun Life International Equity Fund Plan A seeks to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the international markets.
Investment Objective
Date of inception / takeover : October 31, 2007
Fund Manager : Mr. Mahesh Patil & Mr. Vineet Maloo
NAV : Rs.
Growth : 9.41
Dividend : 9.41
Benchmark : S&P Global 1200 Average AUM : Rs. 211.90 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Foreign Equity 77.81
Aetna Inc New 1.61
Airgas Inc 0.98
Akzo Nobel Nv 2.33
Bayer Ag 2.01
Bayerische Motoren 0.92
Bumiputra-Commerce 1.91
Cheung Kong Intl 2.28
China Construction 1.66
China Mobile (Hk) 1.63
China Oil Filed 1.50
Chubb Corp 0.97
Coca Cola Co 2.23
Esprit Hldgs Ltd 1.97
Foxconn Intl Holding 1.30
Genting Bhd (Cds) 1.77
Groupe Danone 2.20
Ind & Comm Bank 2.08
L.G. Electronics 0.16
Manitowoc Co. Inc 1.03
Merck & Co Inc 1.86
Metso Corporation 1.32
Microsoft Corportion 1.54
Mtr Corp Ltd. 1.90
Nestle Sa 2.48
Nobel Corp 1.92
Northrop Grumman Co 2.02
Oracle Corporation 1.12
Pride International 2.33
Procter & Gamble Co 2.30
Public Bank Bhd 1.86
Reckitt Benckiser Pl 2.09
Renewable Enrgy Corp 2.12
Schneider Elctric Sa 2.16
Statoilhydro Asa 2.22
Taiwan Smicndtor-Adr 2.38
Telenor Asa 1.88
Teva Pharma Ind Adr 2.10
Unibanco Holding Gdr 1.86
Venture Corporation 2.24
Vestas Wind Systems 2.32
Vimpel Communication 1.57
Wharf Holdings Ltd. 1.93
Wimm Bill Dann - Adr 1.74
Money Market Instruments 3.10
ICICI Bank Ltd. 3.10
Cash & Current Assets 19.10
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Load Structure (Incl. for SIP) Entry Load* : < Rs. 5 crores - 2.50%
³ Rs. 5 crores - NilExit Load** : £ 6 months from allotment
date - 1%. > Rs. 5 crores - Nil
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Sun Life International Equity Fund - Plan A - Growth S&P Global 1200
A p r i l 2 0 0 8
Birla Sun Life International Equity Fund - Plan A
3.10%
19.10%
77.81%
Money Market Instruments
Cash & Current Assets
Foreign Equity
-5.92
-13.31
-16
-14
-12
-10
-8
-6
-4
-2
0Since Inception
Your Total Investment Rs. Rs. 4,000
Value of Your Investment Rs. Rs. 3789
Return on Investment (CAGR) -15.54%
Benchmark (S&P Global 1200) Returns (CAGR) -23.47%
20
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
As on 31st March, 2008
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan B (BSLIEF - Plan B)...
Systematic Investment Plan (SIP)
Date of First Installment : December 01, 2007
The data assumes the investment of Rs. 1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Birla Sun Life International Equity Fund Plan B seeks to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic and international markets.
Investment Objective
Date of inception / takeover : October 31, 2007
Fund Manager : Mr. Mahesh Patil & Mr. Vineet Maloo
NAV : Rs.
Growth : 8.32
Dividend : 8.32
Benchmark:Customised Index† Average AUM : Rs. 731.59 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Foreign Equity 25.50Aetna Inc New 0.53Airgas Inc 0.29Akzo Nobel Nv 0.75Bayer Ag 0.65Bayerische Motoren 0.27Bumiputra-Commerce 0.62Cheung Kong Intl 0.75China Construction 0.54China Mobile (Hk) 0.56China Oil Filed 0.50Chubb Corp 0.29Coca Cola Co 0.76Esprit Hldgs Ltd 0.69Foxconn Intl Holding 0.43Genting Bhd (Cds) 0.57Groupe Danone 0.71Ind & Comm Bank 0.69L.G. Electronics 0.05Manitowoc Co. Inc 0.30Merck & Co Inc 0.53Metso Corporation 0.43Microsoft Corportion 0.50Mtr Corp Ltd. 0.62Nestle Sa 0.79Nobel Corp 0.63Northrop Grumman Co 0.67Oracle Corporation 0.36Pride International 0.76Procter & Gamble Co 0.78Public Bank Bhd 0.63Reckitt Benckiser Pl 0.68Renewable Enrgy Corp 0.72Schneider Elctric Sa 0.71Statoilhydro Asa 0.72Taiwan Smicndtor-Adr 0.83Telenor Asa 0.64Teva Pharma Ind Adr 0.75Unibanco Holding Gdr 0.61Venture Corporation 0.77Vestas Wind Systems 0.75Vimpel Communication 0.50Wharf Holdings Ltd. 0.64Wimm Bill Dann - ADR 0.57
Money Market Instruments 16.31Punjab National Bank 16.31
Industrial Capital Goods 7.48Bharat Heavy Electricals Ltd. 3.57Crompton Greaves Ltd. 2.59Havells India Ltd. 0.67Bharat Electronics Ltd. 0.65
Banks 6.68Punjab National Bank 1.36ING Vysya Bank Ltd. 1.19Kotak Mahindra Bank Ltd. 1.18ICICI Bank Ltd. 1.16Union Bank of India 0.85Indian Bank 0.78State Bank of India 0.12Bank of Baroda 0.04
Construction 6.28GMR Infrastructure Ltd. 1.88D.S. Kulkarni Developers Ltd. 1.25Nagarjuna Construction Co. Ltd. 1.12Hindustan Construction Co. Ltd. 0.84Madhucon Projects Ltd. 0.70Punj Lloyd Ltd. 0.48
Telecom-Services 4.50Reliance Communications Ltd. 2.70Bharti Airtel Ltd. 1.80
Consumer Non Durables 4.17United Spirits Ltd. 1.69Colgate-Palmolive (India) Ltd. 1.31ITC Ltd. 1.16
Finance 3.89ICRA Ltd. 1.48Housing Development Finance Corp. Ltd. 1.34India Infoline Ltd. 1.07Octive Investment Ltd.** 0.00
Ferrous Metals 3.51Welspun Gujarat Stahl Rohren Ltd. 1.15JSW Steel Ltd. 0.88
Steel Authority of India Ltd. 0.78Tata Steel Ltd. 0.70
Petroleum Products 3.37Reliance Industries Ltd. 3.37
Media & Entertainment 2.52Zee Entertainment Enterprises Ltd 1.99New Delhi Television India Ltd. 0.53
Software 2.51Tata Consultancy Services Ltd. 1.71Infosys Technologies Ltd. 0.80
Power 2.13Tata Power Company Ltd. 1.18GVK Power & Infrastructure Ltd. 0.95
Diversified Industries 1.89United Breweries Holdings Ltd. 0.99Aditya Birla Nuvo Ltd. 0.90
Cement 1.73Grasim Industries Ltd. 1.45India Cements Ltd 0.29
Oil 1.72Oil & Natural Gas Corporation Ltd. 1.72
Auto 1.15Maruti Suzuki India Ltd. 1.15
Chemicals 1.10Bombay Dyeing & Mfg. Co. Ltd. 1.10
Non - Ferrous Metals 1.00Sterlite Industries (India) Ltd. 1.00
Industrial Products 0.33Kirloskar Oil Engines Ltd. 0.33
Cash & Current Assets 2.22
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Load Structure (Incl. for SIP) Entry Load* : < Rs. 5 crores - 2.50%
³ Rs. 5 crores - NilExit Load** : £ 6 months from allotment
date - 1%. > Rs. 5 crores - Nil
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
A p r i l 2 0 0 8
Birla Sun Life International Equity Fund - Plan B
†A customized benchmark created using BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio.
†A customized benchmark created using BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio. †A customized benchmark created using BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio.
** Represents thinly traded/non traded securities. Total outstanding exposure in derivatives as on March 31, 2008 is Rs 32.04 Crores (Notional value).
Birla Sun Life International Equity Fund - Plan B - Growth Customised Index†
2.13%
2.22%
2.51%
2.52%
3.37%
3.51%
3.89%
4.17%
4.50%
6.28%
6.68%
7.48%
8.93%
16.31%
25.50%
Power
Cash & Current Assets
Software
Media & Entertainment
Petroleum Products
Ferrous Metals
Finance
Consumer Non Durables
Telecom-Services
Construction
Banks
Industrial Capital Goods
Other Equity
Money Market Instruments
Foreign Equity
-16.84-17.62
-30
-25
-20
-15
-10
-5
0Since Inception
% R
etu
rns
Your Total Investment Rs. Rs. 4,000
Value of Your Investment Rs. Rs. 3,389
Return on Investment (CAGR) -56.27%
Benchmark (Customised Index†) Returns (CAGR) -51.31%
21
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Special Situations Fund
As on 31st March, 2008
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Special Situations Fund...
Systematic Investment Plan (SIP)
Date of First Installment : March 01, 2008
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended diversified equity scheme with an objective of the scheme is to generate long-term growth of capital by investing in a portfolio of equity and equity related securities. The Scheme would follow an investment strategy that would take advantage of Special Situations & Contrarian investment style.
Investment Objective
Date of inception / takeover : Jan 31, 2008
Fund Manager : Mr. A. Balasubramanian
NAV : Rs.
Growth : 8.56
Dividend : 8.56
Benchmark : BSE 200 Average AUM : Rs. 744.74 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Construction 14.25
Larsen & Toubro Ltd. 4.07
Jaiprakash Associates Ltd. 3.21
Akruti City Ltd. 2.95
Patel Engineering Ltd. 2.53
Hindustan Construction Co. Ltd. 1.19
Nagarjuna Construction Co. Ltd. 0.30
Petroleum Products 13.77
Reliance Industries Ltd. 9.07
Indian Oil Corporation Ltd. 2.94
Hindustan Petroleum Corporation Ltd. 1.27
Bharat Petroleum Corporation Ltd. 0.49
Money Market Instruments 13.40
Housing Development Finance Corp Ltd. 13.40
Ferrous Metals 9.09
Jindal Steel & Power Ltd. 4.69
Welspun Gujarat Stahl Rohren Ltd. 2.35
JSW Steel Ltd. 2.05
Consumer Non Durables 8.09
ITC Ltd. 3.30
Bajaj Hindustan Ltd. 2.72
United Spirits Ltd. 2.07
Balrampur Chini Mills Ltd. 0.00
Banks 7.50
State Bank of India 3.88
Bank of India 1.93
Bank of Baroda 1.12
Dena Bank 0.57
State Bank of India Rights ** 0.00
Power 7.42
NTPC Ltd. 5.11
Reliance Energy Ltd. 1.76
LANCO Infratech Ltd. 0.55
Non - Ferrous Metals 3.57
Sterlite Industries (India) Ltd. 3.57
Fertilisers 3.36
Tata Chemicals Ltd. 3.03
Coromandalam Fertilizers Ltd. 0.33
Pharmaceuticals 2.98
Divis Laboratories Ltd. 1.66
Glaxosmithkline Pharmaceuticals Ltd. 1.16
Glenmark Pharmaceuticals Ltd. 0.17
Software 2.80
Tata Consultancy Services Ltd. 1.16
Satyam Computer Services Ltd. 0.99
Infosys Technologies Ltd. 0.64
Infotech Enterprises Ltd. 0.02
Diversified Industries 2.57
Aditya Birla Nuvo Ltd. 2.07
United Breweries Holdings Ltd. 0.50
Cement 2.12
Century Textile & Industries Ltd. 2.12
Finance 2.04
LIC Housing Finance Ltd. 0.84
Housing Development Finance Corp. Ltd. 0.58
Bajaj Holdings & Investment Ltd 0.28
India Infoline Ltd. 0.22
Bajaj Finserv Ltd 0.12
Gas Utilities 1.81
Gujarat Fluorochemicals Ltd 1.81
Telecom-Services 1.59
Reliance Communications Ltd. 1.59
Media & Entertainment 0.73
Adlabs Films Ltd. 0.73
Paper 0.64
Ballarpur Industries Ltd. 0.64
Auto 0.21
Bajaj Auto Ltd. 0.21
Industrial Products 0.12
Sintex Industries Ltd. 0.12
Cash & Current Assets 1.93
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Load Structure (Incl. for SIP) Entry Load*:£ Rs. 5 crores - 2.25%
> Rs. 5 crores - NilExit Load**:< Rs. 5 crores- 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Sunlife Special Situations Fund - Growth BSE200
A p r i l 2 0 0 8
**Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on March 31, 2008 is Rs 4.23 Crores (Notional value).
-14.35
-26.83
-30
-25
-20
-15
-10
-5
01 Year
1.93%
2.04%
2.12%
2.57%
2.80%
2.98%
3.36%
3.57%
5.11%
7.42%
7.50%
8.09%
9.09%
13.40%
13.77%
14.25%
Cash & Current Assets
Finance
Cement
Diversified Industries
Software
Pharmaceuticals
Fertilisers
Non - Ferrous Metals
Other Equity
Power
Banks
Consumer Non Durables
Ferrous Metals
Money Market Instruments
Petroleum Products
Construction
Your Total Investment Rs. Rs. 1,000.00
Value of Your Investment Rs. Rs. 907.18
Return on Investment (CAGR) -9.28%
Benchmark (BSE200) Returns (CAGR) -8.16%
22
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Long Term Advantage Fund
As on 31st March, 2008
Portfolio
Industrial Capital Goods 13.65 Bharat Heavy Electricals Ltd. 4.59 AIA Engineering Ltd. 2.10 Gujarat Apollo Industries Ltd. 1.74 Bharat Electronics Ltd. 1.62 Engineers India Ltd. 1.60 Mcnally Bharat Engineering Company Ltd. 1.43 Manugraph India Ltd. 0.57
Consumer Non Durables 8.26 ITC Ltd. 3.37 Titan Industries Ltd. 1.91 United Spirits Ltd. 1.44 Radico Khaitan Ltd 1.13 Dabur India Ltd. 0.41
Banks 7.82 ICICI Bank Ltd. 2.60 Bank of India 2.00 Axis Bank Ltd. 1.92 State Bank of India 1.29 State Bank of India (Rights) ** 0.00
Petroleum Products 6.92 Reliance Industries Ltd. 5.75 Reliance Petroleum Ltd. 1.17
Telecom-Services 6.09 Bharti Airtel Ltd. 3.66 Reliance Communications Ltd. 2.43
Auto Ancillaries 6.03 Exide Industries Ltd. 3.02
Bosch Limited. 3.01
Construction 5.93 Larsen & Toubro Ltd. 1.90 DLF Ltd. 1.18 IVRCL Infrastructures & Projects Ltd. 1.09 JMC Projects India Ltd. 0.94 ITD Cementation India Ltd. 0.82
Power 4.21 KEC International Ltd. 2.46 CESC Ltd. 1.74
Industrial Products 3.79 Fag Bearings India Ltd. 2.73 Sintex Industries Ltd. 1.06
Pesticides 3.59 Rallis India Ltd. 1.98 United Phosphorous Ltd. 1.61
Finance 3.34 Housing Development Finance Corp. Ltd. 3.07 Rural Electrification Corpotation Ltd. 0.28 Octive Investments Ltd. 0.00
Oil 3.23 Oil & Natural Gas Corporation Ltd. 3.23
Media & Entertainment 2.88 Balaji Telefilms Ltd. 1.55 PVR Ltd. 1.33
Mining 2.61 Gujarat NRE Coke Ltd 2.61
Consumer Durables 2.43 Blue Star Ltd. 2.43
Retailing 1.55 Pantaloon Retail (India) Ltd. 1.55
Pharmaceuticals 1.48 Dishman Pharmaceuticals & Chemicals Ltd. 1.48
Ferrous Metals 1.27 Maharashtra Seamless Ltd. 1.27
Gas 1.27 GAIL (India) Ltd. 1.27
Software 1.21 Subex Ltd. 1.21
Cement 0.84 Madras Cements Ltd. 0.84
Non - Ferrous Metals 0.78 Hindustan Zinc Ltd 0.78
Transportation 0.47 Mercator Lines Ltd. 0.47
Cash & Current Assets 10.35
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Long Term Adv Fund - Growth BSE Sensex
A p r i l 2 0 0 8
A 5 years close ended scheme with automatic conversion to an open ended scheme upon maturity with the objective to provide long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities.
Investment Objective
Date of inception / takeover : October 10, 2006Fund Manager : Mr. Ajay Argal
NAV : Rs.
Growth : 10.70
Dividend : 10.70
Benchmark : BSE Sensex
Average AUM : Rs. 334.12 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style
Load Structure (Incl. for SIP)
Entry Load : Nil
Exit Load : Nil
5.64.7
19.56
17.31
0
5
10
15
20
25
1 Year Since Inception
** Represents thinly traded/ non traded securities and illiquid securities.
2.43%
2.61%
2.88%
3.23%
3.34%
3.59%
3.79%
4.21%
5.93%
6.03%
6.09%
6.92%
7.82%
8.26%
8.88%
10.35%
13.65%
Consumer Durables
Mining
Media & Entertainment
Oil
Finance
Pesticides
Industrial Products
Power
Construction
Auto Ancillaries
Telecom-Services
Petroleum Products
Banks
Consumer Non Durables
Other Equity
Cash & Current Assets
Industrial Capital Goods
23
Birla Sun Life Long Term Advantage Fund Series I
As on 31st March, 2008
A 3 years close ended scheme with automatic conversion upon maturity to an open ended scheme with the objective to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and midcap.
Investment ObjectiveInvestment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Banks 13.07ING Vysya Bank Ltd. 3.96South Indian Bank Ltd. 2.56Indian Bank 2.44City Union Bank Ltd. 1.68Indian Overseas Bank 0.89Bank of Maharashtra 0.83Allahabad Bank 0.70
Consumer Non Durables 7.62Glaxosmithkline Consumer Healthcare Ltd. 2.72Radico Khaitan Ltd 1.96Shaw Wallace Company Ltd. 1.02Hindustan Sanitaryware & Industries Ltd. 0.94Ruchi Soya Industries Ltd. 0.78Millennium Beer Industries Ltd. ** 0.18
Auto Ancillaries 6.83MRF Ltd. 1.95Sundaram-Clayton Ltd. 1.90Exide Industries Ltd. 1.84Kesoram Industries Ltd. 1.14
Industrial Capital Goods 6.39Crompton Greaves Ltd. 3.61Honeywell Automation India Ltd. 0.88Hindustan Dorr-Oliver Ltd. 0.85Bharati Shipyard Ltd. 0.56Action Construction Equipment Ltd. 0.50
Industrial Products 6.19Jain Irrigation Systems Ltd. 2.91Greaves Cotton Ltd. 1.17Sintex Industries Ltd. 1.17Paper Products Ltd. 0.94
Construction 5.53JMC Projects India Ltd. 1.27
Mahindra Lifespace Developers Ltd. 1.24Nagarjuna Construction Co. Ltd. 1.13Ansal Properties & Infrastructure Ltd. 0.97ITD Cementation India Ltd. 0.93
Power 4.43GVK Power & Infrastructure Ltd. 2.89CESC Ltd. 1.30Reliance Power Ltd. 0.24
Finance 4.37Infrastructure Development Finance Co. Ltd. 2.50ICRA Ltd. 1.47Rural Electrification Corpotation Ltd 0.40
Pharmaceuticals 4.16Dishman Pharmaceuticals & Chemicals Ltd. 2.38Pfizer Ltd. 1.78
Diversified Industries 4.07United Breweries Holdings Ltd. 2.22Aditya Birla Nuvo Ltd. 1.84
Chemicals 3.77 Bombay Dyeing & Mfg. Co. Ltd. 2.78 Micro Inks Ltd.
0.99 Petroleum Products 3.22 Apar Industries Ltd. 3.22
Consumer Durables 3.10 Voltas Ltd. 2.13 Videocon Industries Ltd. 0.97
Software 3.03 Mphasis Ltd. 1.29 Geometric Software Solutions Company Ltd 1.24 HCL Technologies Ltd. 0.50
Media & Entertainment 2.99 Zee Entertainment Enterprises Ltd 1.21 Balaji Telefilms Ltd. 0.93 Television Eighteen India Ltd. 0.85
Retailing 2.29 Trent Ltd. 1.42 Shoppers Stop Ltd. 0.87
Auto 1.85 Eicher Motors Ltd. 1.85
Hotels 1.72 Taj GVK Hotels & Resorts Ltd. 1.72
Textile Products 1.31 Raymond Ltd. 1.31
Telecom-Services 1.30 Spice Communications Ltd. 1.30
Fertilisers 1.12 Aries Agro Ltd. 1.12
Cement 0.92 Mangalam Cement Ltd. 0.92
Ferrous Metals 0.91 Maharashtra Seamless Ltd. 0.91
Oil 0.90 Aban Offshore Ltd. 0.90
Cash & Current Assets 8.90
Total Net Asset 100.00
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Sunlife Long Term Advantage Fund - Series 1 - Growth BSE 500
A p r i l 2 0 0 8
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 0.18%.
-7.88
11.34
-10
-5
0
5
10
15
Since Inception
2.29%
2.99%
3.03%
3.10%
3.22%
3.77%
4.07%
4.16%
4.37%
4.43%
5.53%
6.19%
6.39%
6.83%
7.62%
8.90%
10.05%
13.07%
Retailing
Media & Entertainment
Software
Consumer Durables
Petroleum Products
Chemicals
Diversified Industries
Pharmaceuticals
Finance
Power
Construction
Industrial Products
Industrial Capital Goods
Auto Ancillaries
Consumer Non Durables
Cash & Current Assets
Other Equity
Banks
Date of inception / takeover : May 31, 2007Fund Manager : Mr. Mahesh Patil
NAV : Rs.
Growth : 9.21
Dividend : 9.21
Benchmark : BSE 500
Average AUM : Rs. 302.93 Crores
Load Structure (Incl. for SIP)
Entry Load :
Exit Load : Nil
Nil
24
Birla Sun Life '95 Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Portfolio
PSU/PFI Bonds/Banks 27.80Power Finance Corporation Ltd.** 8.28 AAALIC Housing Finance Ltd.** 6.37 AAAICICI Bank Ltd.** 4.59 AAANABARD** 3.15 AAAPower Finance Corporation Ltd.** 3.13 AAAState Bank of Indore** 2.29 AAA
Consumer Non Durables 6.98ITC Ltd. 3.89 Nestle India Ltd. 1.79 Colgate-Palmolive (India) Ltd. 1.29
Petroleum Products 5.66Reliance Industries Ltd. 3.56 Indian Oil Corporation Ltd. 2.10
Software 5.37Infosys Technologies Ltd. 3.60 Satyam Computer Services Ltd. 1.77
Government Bond 5.02Govt Bond 8.30% 2023 5.02
Pesticides 4.79Rallis India Ltd. 4.79
Diversified Industries 4.68United Breweries Holdings Ltd. 3.30 Aditya Birla Nuvo Ltd. 0.75 Bombay Burmah Trading Corporation Ltd. 0.63
Construction 4.49Jaiprakash Associates Ltd. 1.88 Housing Development & Infrastructure Ltd 1.66 Larsen & Toubro Ltd. 0.95
Retailing 4.06Trent Ltd. 4.06
Gas 3.97BOC India Ltd. 2.37 Gujarat Gas Co. Ltd. 1.60
Industrial Capital Goods 3.84Bharati Shipyard Ltd. 2.08 Siemens Ltd. 1.24 Crompton Greaves Ltd. 0.52
Media & Entertainment 3.81ETC Networks Ltd. 3.81 Magnasound India Ltd. ** 0.00
Finance 3.55Infrastructure Development Finance Co. Ltd. 1.67 Bajaj Holdings & Investment Ltd. 0.73 Indiabulls Securities ** 0.58 Bajaj Finserv Ltd ** 0.32 Rural Electrification Corpotation Ltd. 0.26
Telecom-Services 2.79Bharti Airtel Ltd. 2.79
Pharmaceuticals 2.32Glenmark Pharmaceuticals Ltd. 2.32
Fertilisers 1.96Rashtriya Chemicals & Fertilizers Ltd. 1.96
Banks 1.80Punjab National Bank 1.45 Allahabad Bank 0.36
Transportation 1.24Gateway Distriparks Ltd. 1.24
Power 1.16GVK Power & Infrastructure Ltd. 1.16
Auto 0.55Bajaj Auto Ltd.** 0.55
Securitised Debt 0.01Fleet Trust July 2004 A2 Series.** 0.01 AAA(SO)
Cash & Current Assets 4.16
Total Net Asset 100.00
** Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on March 31, 2008 is Rs 4.02 Crores (Notional value). Total Percentage of thinly/non traded securities is 27.81%.
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life '95 Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : April 1, 1995
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end balanced scheme with the objective of long term growth of capital and current income, through a portfolio of equity and fixed income securities
Investment Objective
Date of inception / takeover : February 10, 1995
Fund Manager : Mr. A. Balasubramanian
NAV : Rs.
Growth : 202.17
Dividend : 93.40
Benchmark : CRISIL Balanced Fund Index Average Maturity : 7.57 Years
Average AUM : Rs. 163.14 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life '95 Fund
Birla Sun Life '95 Fund
CRISIL Balanced
Fund Index
CRISIL Balanced
Fund Index
Rating Profile
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 156000 373018 1149253 12.57 27.79
Last 5 years 60000 99065 113256 20.17 25.72
Last 3 years 36000 46590 46563 17.50 17.46
Last 1 year 12000 12184 11426 2.86 -8.77
Interest Rate Sensitivity: (Debt) Low
Load Structure (Incl. for SIP):Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load**:< Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Birla SunLife 95 - Growth Crisil Balanced Fund Index
% R
etu
rns
A p r i l 2 0 0 8
Best Fund - 10 yrs performance&Lipper Awards India 2008
Winner of
Mixed Asset INR Aggressive, (6 schemes) 10 Yrs ended 31-Dec-07
Birla Sun Life ‘95 Fund - Growth
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
(An open ended balance Schemes)
17.06
26.25
34.38
25.70
19.48
21.86
24.40
0
5
10
15
20
25
30
35
40
1 Year 3 Years 5 Years Since Inception
0.01%
2.32%
2.79%
3.55%
3.81%
3.84%
3.97%
4.06%
4.16%
4.49%
4.68%
4.79%
5.02%
5.37%
5.66%
6.72%
6.98%
27.80%
Securitised Debt
Pharmaceuticals
Telecom-Services
Finance
Media & Entertainment
Industrial Capital Goods
Gas
Retailing
Cash & Current Assets
Construction
Diversified Industries
Pesticides
Government Bond
Software
Petroleum Products
Other Equity
Consumer Non Durables
PSU/PFI Bonds/Banks
4.16%
5.02%
27.81%
63.01%
Cash & Current Assets
Sovereign
AAA
Equity
25
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Balance
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Portfolio
PSU/PFI Bonds/Banks 25.81ICICI Bank Ltd. 10.31 AAAInfrastructure Development Fin. Co. Ltd. 7.86 AAACitibank N A 7.22 AAAHDFC Bank Ltd. 0.42 AAA
Consumer Non Durables 17.29ITC Ltd. 5.61 E.I.D. Parry (India) Ltd. 4.46 Radico Khaitan Ltd 3.42 Shaw Wallace Company Ltd. 1.59 United Spirits Ltd. 1.50 Balrampur Chini Mills Ltd. 0.70
Pharmaceuticals 12.60Novartis India Ltd. 4.70 Pfizer Ltd. 4.31 Wyeth Ltd. 1.88 Nichloas Piramal India Ltd 1.51 NPIL Research & Development Ltd. ** 0.21
Software 7.23Infosys Technologies Ltd. 2.83 Wipro Ltd. 1.89 HCL Technologies Ltd. 1.56 Tech Mahindra Ltd. 0.95
Auto 6.81Mahindra & Mahindra Ltd. 4.47 Tata Motors Ltd. 1.80 Bajaj Auto Ltd. ** 0.55
Gas 5.75BOC India Ltd. 3.13 Indraprastha Gas Ltd. 2.62
Petroleum Products 5.03Reliance Industries Ltd. 3.36 Indian Oil Corporation Ltd. 1.67
Finance 3.26Infrastructure Development Finance Co. Ltd 1.50
Bajaj Holdings & Investment Ltd 0.72 Indiabulls Securities Ltd. ** 0.58 Bajaj Finserv Ltd ** 0.31 Rural Electrification Corpotation Ltd 0.15
Government Bond 2.86Govt Bond 7.61% Oil Company 2015 2.86 Sovereign
Fertilisers 2.45Tata Chemicals Ltd. 1.58 Gujarat Narmada Valley Fertilisers Co. Ltd 0.87
Telecom-Services 2.04Bharti Airtel Ltd. 2.04
Banks 1.98Punjab National Bank 1.39 Allahabad Bank 0.59
Pesticides 1.95United Phosphorous Ltd. 1.95
Oil 1.94Oil & Natural Gas Corporation Ltd. 1.94
Construction 1.14Punj Lloyd Ltd. 1.14
Hotels 0.99Hotel Leelaventure Ltd. 0.99
Corporate Debt 0.49Housing Development Finance Corp Ltd. 0.49 AAA
Industrial Capital Goods 0.32Bharat Electronics Ltd. 0.32
Cash & Current Assets 0.07
Total Net Asset 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Balance...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : November 1,1999
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended balanced scheme with an objective to balance income requirements with growth of capital through a balance mix of investments in equity and debt at relatively moderate levels of risks through a diversifiedresearch based investment approach.
Investment Objective
Date of inception / takeover : October 12, 1999
Fund Manager : Mr. A. Balasubramanian
NAV : Rs.
Growth : 30.36
Dividend : 20.19
Benchmark : CRISIL Balanced Fund Index Average Maturity : 5.33 Years
Average AUM : Rs. 101.68 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Balance
Birla Balance
CRISIL Balanced
Fund Index
CRISIL Balanced
Fund Index
Rating Profile
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 101000 216673 228356 17.56 18.75
Last 5 years 60000 99065 98137 20.16 19.78
Last 3 years 36000 46590 44056 17.50 13.58
Last 1 year 12000 12184 11633 2.86 -5.64
Interest Rate Sensitivity: (Debt) Medium
Birla Balance Fund - Growth Crisil Balanced Fund Index
% R
etu
rns
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load** :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
A p r i l 2 0 0 8 (An open ended balance Schemes)
**Represents thinly traded/ non traded securities. Total Percentage of thinly/non traded securities is 1.44%.
0.07%
0.49%
2.04%
2.45%
2.86%
3.26%
5.03%
5.75%
6.81%
7.23%
8.32%
12.60%
17.29%
25.81%
Cash & Current Assets
Corporate Debt
Telecom-Services
Fertilisers
Government Bond
Finance
Petroleum Products
Gas
Auto
Software
Other Equity
Pharmaceuticals
Consumer Non Durables
PSU/PFI Bonds/Banks
0.07%
2.86%
26.29%
70.78%
Cash & Current Assets
Sovereign
AAA
Equity
11.02
19.93
28.54
14.00
19.48
21.86
24.40
0
5
10
15
20
25
30
1 Year 3 Years 5 Years Since Inception
26
*For direct application: Entry Load is Nil. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Monthly IncomeAn open- ended fund. Monthly income is not assured and is subject
to availability of distributable surplus
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 55.56%
An open-end income scheme with the primary objective to generate regular income so as to make monthly and quarterly distributions to Unitholders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus.
Investment Objective
Fund Manager : Mr. A. BalasubramanianDate of inception/takeover : July 14, 1999
NAV : Rs.Growth : 27.6647Monthly Dividend : 10.3793Quarterly Dividend : 11.1762
Load Structure (Incl. for SIP):
Entry Load :
Exit Load** : For redemption / switch out of
units within 12 months from the
date of allotment: 1%
NIL
Benchmark : CRISIL MIP Blended
IndexAverage AUM : Rs. 165.80 Crores
Average Maturity : 2.91 Years
Investment Style Box
Asset Allocation
Rating Profile
Corporate Debt 29.31
GE Capital Services India Ltd. ** 9.64 AAA
Housing Development Finance Corp Ltd. ** 9.49 AAA
Reliance Industries Ltd. ** 8.37 AAA
Sundaram Finance Ltd. ** 1.80 AA+
PSU/PFI Bonds/Banks 26.24
Power Finance Corporation Ltd. ** 8.36 AAA
LIC Housing Finance Ltd. ** 6.45 AAA
Power Finance Corporation Ltd. ** 4.53 AAA
NABARD. ** 2.99 AAA
Export-Import Bank of India. ** 1.85 AAA
Infrastructure Development Fin. Co. Ltd. ** 1.24 AAA
State Bank of India. ** 0.82 AAA
Money Market Instruments 21.82
Punjab National Bank 14.47 F1+
Canara Bank 7.35 P1+
EQUITY 13.57
BOC India Ltd. 1.20
Cipla Ltd. 1.13
Infosys Technologies Ltd. 1.09
Canara Bank 1.03
Mahindra & Mahindra Ltd. 1.01
Zee Interactive Learning Systems Ltd. 0.92
Rallis India Ltd. 0.92
HCL Technologies Ltd. 0.89
Oriental Bank of Commerce 0.81
United Breweries Holdings Ltd. 0.66
Nestle India Ltd. 0.47
McDowell Holdings Ltd. 0.45
Hero Honda Motors Ltd. 0.42
Pritish Nandy Communications Ltd. 0.41
Reliance Power Ltd. 0.37
Rural Electrification Corpotation Ltd 0.35
United Phosphorous Ltd. 0.32
Power Grid Corporation of (I) Ltd. 0.31
Rashtriya Chemicals & Fertilizers Ltd. 0.29
Gujarat Gas Co. Ltd. 0.28
Bharti Airtel Ltd. 0.18
United Breweries Ltd. 0.06
Magnasound India Ltd. 0.00
Government Bond 5.62
Govt. Bond 7.47% 2012 3.52 Sovereign
Govt Bond 5.87%2010 2.10 Sovereign
Securitised Debt 0.01
Fleet Trust July 2004 A2 Series. ** 0.01 AAA(SO)
Fleet Trust April 2004 Series. ** 0.00 AAA(SO)
Cash & Current Assets 3.44
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
CRISIL~CPR 1^^Birla Sun Life Monthly Income
MIP Conservative Scheme ( Schemes) Yrs ended - -0710 , 2 31 Dec
i#
iiiValue Research RatingBirla Sun Life Monthly Income Plan
Hybrid: Monthly Income ( 9 Schemes) Yrs ended -Mar-083 , 3 & 5 31
Birla SunLife MIP - Growth Crisil MIP Blended Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
A p r i l 2 0 0 8
CNBC TV-18 CRISIL AWARD 2007Birla Sun Life Monthly Income
&&
Category: Monthly Income Plans – Conservative 1 yr performance ended 31 Dec, '07. Total Schemes in Category = 9
1.80%
3.44%
5.62%
13.56%
75.57%
AA
Cash & Current Assets
Sovereign
Equity
AAA
10.02 9.87
10.84
12.38
11.12
9.269.61
0
2
4
6
8
10
12
14
1 Year 3 Years 5 Years Since Inception
0.01%
3.44%
5.62%
13.57%
21.82%
26.24%
29.31%
Securitised Debt
Cash & Current Assets
Government Bond
Equity
Money Market Instruments
PSU/PFI Bonds/Banks
Corporate Debt
27
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla MIPAn open- ended fund. Monthly income is not assured and is subject to
availability of distributable surplus
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Portfolio
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 65.05%
An Open-ended income scheme with the objective to generate regular income so as to make monthly distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
Investment Objective
Fund Manager : Mr. A. BalasubramanianDate of inception/takeover : November 20, 2000
NAV : Rs.
Payment / Growth : 20.8600
Dividend : 10.5932
Load Structure (Incl. for SIP):
Entry Load :
Exit Load** : £ Rs 10 lakhs: 0.60% if redeemed
/ switched out with in 90 days
from the date of allotment.
> 10 Lakhs: Nil
NIL
Benchmark : CRISIL MIP Blended
IndexAverage AUM : Rs. 124.56 Crores
Average Maturity : 5.59 Years
Investment Style Box
Asset Allocation
Rating Profile
PSU/PFI Bonds/Banks 46.48
ICICI Bank Ltd. ** 14.30 AAA
Power Finance Corporation Ltd. ** 10.03 AAA
Power Finance Corporation Ltd. ** 6.54 AAA
State Bank of Indore. ** 5.87 AAA
LIC Housing Finance Ltd. ** 4.09 AAA
Power Grid Corporation of India Ltd. ** 3.05 AAA
NABARD ** 2.44 AAA
State Bank of India. ** 0.17 AAA
Corporate Debt 18.57
Great Eastern Shipping Company Ltd. ** 7.45 AAA
Housing Development Finance Corp Ltd. ** 5.52 AAA
GE Capital Services India Ltd. ** 4.00 AAA
Sundaram Finance Ltd. ** 1.60 AA+
Money Market Instruments 14.27
Canara Bank 14.27 P1+
EQUITY 13.42
ITC Ltd. 1.33
Raymond Ltd. 1.20
Simplex Infrastructures Ltd. 1.18
Pfizer Ltd. 1.00
Hanung Toys & Textiles Ltd. 0.87
Rallis India Ltd. 0.86
Mahindra & Mahindra Ltd. 0.84
Reliance Industries Ltd. 0.73
Shaw Wallace Company Ltd. 0.69
Satyam Computer Services Ltd. 0.62
Punjab National Bank 0.56
Indian Bank 0.46
Union Bank of India 0.46
Indiabulls Securities ** 0.43
Hero Honda Motors Ltd. 0.41
Hindustan Petroleum Corporation Ltd. 0.39
Housing Development Finance Corp. Ltd. 0.37
Rural Electrification Corpotation Ltd 0.36
GAIL (India) Ltd. 0.34
United Phosphorous Ltd. 0.33
Government Bond 3.87
Govt Bond 8.23% FCI SB 2027 3.87 Sovereign
Mutual Fund Units 0.28
Birla Fixed Term Debt Fund Ser 3 -36 B 0.28
Cash & Current Assets 3.11
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla MIP - Growth Crisil MIP Blended Index
% R
etu
rns
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
CRISIL~CPR 2^^Birla MIP
MIP Conservative Scheme ( Schemes) Yrs ended - -0710 , 2 31 Dec
A p r i l 2 0 0 8
0.28%
3.11%
3.87%
13.42%
14.27%
18.57%
46.48%
Mutual Fund Units
Cash & Current Assets
Government Bond
Equity
Money Market Instruments
Corporate Debt
PSU/PFI Bonds/Banks
9.65
8.51
9.51
10.50
11.12
9.269.61
0
2
4
6
8
10
12
1 Year 3 Years 5 Years Since Inception
0.28%
1.60%
3.11%
3.87%
13.42%
77.72%
Mutual Fund Units
AA
Cash & Current Assets
Sovereign
Equity
AAA
28
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
As on 31st March, 2008
Birla MIP II - Wealth 25 PlanAn open- ended fund. Monthly income is not assured and is subject
to availability of distributable surplus
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 63.05%
An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
Investment Objective
Fund Manager : Mr. A. BalasubramanianDate of inception/takeover : May 22, 2004
NAV : Rs.
Payment / Growth : 13.9636
Dividend : 10.1584
Load Structure (Incl. for SIP):
Entry Load :
Exit Load** : For redemption / switch out of
units within 12 months from the
date of allotment: 1%
NIL
Benchmark : CRISIL MIP Blended
IndexAverage AUM : Rs. 94.26 Crores
Average Maturity : 5.80 Years
Investment Style Box
Asset Allocation
Rating Profile
PSU/PFI Bonds/Banks 52.23
ICICI Bank Ltd. ** 13.44 AAA
Power Finance Corporation Ltd. ** 10.68 AAA
Power Finance Corporation Ltd. ** 7.61 AAA
LIC Housing Finance Ltd. ** 5.44 AAA
Export-Import Bank of India. ** 4.58 AAA
NABARD ** 4.34 AAA
State Bank of Indore. ** 3.91 AAA
State Bank of India. ** 2.23 AAA
EQUITY 25.71
Rural Electrification Corpotation Ltd. 2.28
Jaiprakash Associates Ltd. 2.24
Nava Bharat Ventures Ltd. 2.08
Tata Chemicals Ltd. 2.06
Bharati Shipyard Ltd. 1.82
HDFC Bank Ltd. 1.77
Housing Development Finance Corp. Ltd. 1.70
Simplex Infrastructures Ltd. 1.57
ITC Ltd. 1.55
Rallis India Ltd. 1.37
Pfizer Ltd. 1.20
Novartis India Ltd. 1.15
Grasim Industries Ltd. 0.97
Radico Khaitan Ltd 0.83
Madras Cements Ltd. 0.78
Reliance Industries Ltd. 0.73
Aditya Birla Nuvo Ltd. 0.64
ZF Steering Gear (India) Ltd. 0.62
Ballarpur Industries Ltd. 0.36
Corporate Debt 10.82
GE Capital Services India Ltd. ** 5.33 AAA
Great Eastern Shipping Company Ltd. ** 4.96 AAA
Housing Development Finance Corp Ltd. ** 0.53 AAA
Government Bond 1.89
Govt Bond 7.61% Oil Company 2015 1.89 Sovereign
Mutual Fund Units 0.38
Birla Fixed Term Debt Fund Ser 3 -36 B 0.38
Cash & Current Assets 8.98
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla MIP - Wealth 25 - Growth Crisil MIP Blended Index
% R
etu
rns
A p r i l 2 0 0 8
0.38%
1.89%
8.98%
10.82%
25.71%
52.23%
Mutual Fund Units
Government Bond
Cash & Current Assets
Corporate Debt
Equity
PSU/PFI Bonds/Banks
0.38%
1.89%
8.98%
25.71%
63.04%
Mutual Fund Units
Sovereign
Cash & Current Assets
Equity
AAA
4.83
8.719.03
11.12
9.26
8.21
0
2
4
6
8
10
12
1 Year 3 Years Since Inception
29
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Asset Allocation Fund
As on 31st March, 2008
Portfolio - Aggressive Plan Portfolio - Moderate Plan Portfolio - Conservation Plan
An Open-ended Fund of Funds scheme with the objective to provide income and capital appreciation along with diversification by investing in a basket of debt and equity Mutual Fund schemes in line with the risk profile of the investors.
Investment Objective
Fund Managers : Mr. Satyabrata Mohanty & Mr. Ajay Garg
Date of inception / takeover : February 24, 2004NAV : Rs.Aggressive PlanGrowth : 22.4877Dividend : 22.4877Conservative PlanGrowth : 15.8160Dividend : 15.8160Moderate PlanGrowth : 19.8872Dividend : 19.8872
Load Structure (Incl. for SIP):Entry Load :Aggressive Plan : 1.50%Moderate Plan : 1.00%Conservative Plan : 0.50%Exit Load : NIL
Aggressive Plan - Investment Style Box Moderate Plan - Investment Style Box Conservation Plan-Investment Style Box
Investment Performance - Aggressive Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Investment Performance - Moderate Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Investment Performance - Conservation Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Issuer % to NetAssets
Issuer % to NetAssets
Issuer % to NetAssets
Mutual Fund Units 84.70
Birla Midcap Fund 25.41
Birla Advantage Fund 24.65
Birla Sun Life New Millennium Fund 14.61
Birla Dynamic Bond Fund 9.10
Birla Sun Life Income Fund - Growth 5.71
Birla Sunlife Short Term Fund - Growth 4.17
Birla Gilt Plus Inv 1.04
Cash & Current Assets 15.30
Total Net Asset 100.00
Mutual Fund Units 67.62
Birla Sunlife Short Term Fund - Growth 38.34
Birla Sun Life Income Fund - Growth 9.97
Birla Midcap Fund 8.71
Birla Advantage Fund 4.71
Birla Sun Life New Millennium Fund. 2.95
Birla Dynamic Bond Fund 2.93
Cash & Current Assets 32.38
Total Net Asset 100.00
#iiiiValue Research Rating
Birla Asset Allocation Fund - ConservativeHybrid: Debt-oriented ( Schemes), 5 Yrs ended -30 3 & 31-Mar 08
Average AUM
Aggressive Plan : Rs. 7.69 Crores
Moderate Plan : Rs. 5.47 Crores
Conservative Plan : Rs. 4.74 Crores
Benchmark
Aggressive Plan : S&P CNX Nifty
Moderate Plan : Crisil Balanced Fund Index
Conservative Plan : Crisil MIP Blended Index
High Med LowInterest Rate
Sensivity
High
Mid
Low
High Med LowInterest Rate
Sensivity
High
Mid
Low
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality Credit Quality Credit Quality
Birla AAF - Aggressive Plan - Growth S&P CNX Nifty Birla AAF - Moderate Plan - Growth Crisil Balanced Fund Index Birla AAF - Conservative Plan - Growth Crisil MIP Blended Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
% R
etu
rns
% R
etu
rns
A p r i l 2 0 0 8
Mutual Fund Units 78.25
Birla Midcap Fund 24.34
Birla Dynamic Bond Fund 20.29
Birla Advantage Fund 13.90
Birla Sun Life New Millennium Fund 7.50
Birla Sunlife Short Term Fund - Growth 6.76
Birla Sun Life Income Fund - Growth 5.47
Birla Gilt Plus Liquid Plan 0.00
Cash & Current Assets 21.75
Total Net Asset 100.00
13.45
23.1821.85
23.74
32.46
26.23
0
5
10
15
20
25
30
35
1 Year 3 Years Since Inception
15.00
19.3518.25
19.48
21.86
17.52
0
5
10
15
20
25
1 Year 3 Years Since Inception
12.1412.70
11.8311.12
9.26
7.49
0
2
4
6
8
10
12
14
1 Year 3 Years Since Inception
30
Birla Cash Plus
As on 31st March, 2008
An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty
Date of inception /takeover : June 16,1997
Load Structure
Entry Load :
Exit Load : NIL
NIL
Benchmark : Crisil Liquid Fund Index
Average AUM : Rs. 7383.85 Crores
Average Maturity : 0.54 Years
Investment Style Box
Asset Allocation
Rating Profile
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
NAV : Rs.Retail Growth : 21.7689Retail Dividend : 16.3694Institutional Growth : 21.9453Institutional Dividend : 10.8023Institutional Plan - Weekly Dividend Option : 10.8149Institutional Plan - Fortnightly Dividend Option : 10.8291Institutional Premium Plan - Growth : 12.9168Institutional Premium Plan - Dividend : 10.0195Institutional Premium Plan - Weekly Div. Option : 10.0304Institutional Premium Plan - Fortnightly Div. Option : 10.0000Institutional Premium Plan - Monthly Dividend : 10.0000
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 10.59%.
Money Market Instruments 77.92
ICICI Bank Ltd. 12.17 A1+
Industrial Development Bank of India Ltd. 6.92 A1+
IndusInd Bank Ltd. 6.61 A1+
The Jammu and Kashmir Bank Ltd. 6.02 P1+
Industrial Development Bank of India Ltd. 4.19 P1+
State Bank of Mysore 4.01 A1+
UCO Bank Ltd. 3.97 P1+
Housing Development Finance Corp. Ltd. 3.88 A1+
State Bank of Bikaner and Jaipur 3.72 P1+
Punjab National Bank 3.31 F1+
State Bank of Patiala 3.23 A1+
Reliance Capital Ltd. 3.05 A1+
Canara Bank 2.97 P1+
Indian Bank 2.36 F1+
State Bank of Indore 2.17 P1+
State Bank of Travancore 1.88 P1+
ABN Amro Bank 1.63 A1+
Kotak Mahindra Bank Ltd. 1.52 P1+
State Bank of Hyderabad 1.29 A1+
Tata Capital Ltd. 0.94 A1+
Adlabs Films Ltd. 0.60 A1+
Larsen & Toubro Finance Ltd. 0.45 A1+
Karnataka Bank Ltd. 0.38 A1+
Development Credit Bank 0.31 P1+
Hindustan Construction Company Ltd. 0.27 PR1+
Tata Sons Ltd. 0.04 P1+
IDBI Bank 0.03 A1+
Floating Rate Instruments 18.48
Housing Development Finance Corp. Ltd. 8.51 AAA
CitiFinancial Consumer Finance India Ltd 3.51 AAA
LIC Housing Finance Ltd. 1.29 AAA
Housing Development Finance Corp. Ltd. 0.92 LAAA
Citicorp Finance India Ltd. 0.54 AAA
Axis Bank Ltd. 0.53 LAA+
ICICI Bank Ltd. 0.45 AAA
Kotak Mahindra Bank Ltd. 0.41 P1+
Power Finance Corp. Ltd. 0.39 AAA
ICICI Bank Ltd. 0.34 CARE AAA
Rabo India Finance Private Ltd. 0.34 AAA
Indian Railway Finance Corporation Ltd. 0.32 AAA
Industrial Development Bank of India Ltd 0.27 CARE AA+
Infrastructure Development Finance Co. 0.27 AAA
Cholamandalam Investments & Finance Ltd. 0.20 LAA(SO)
Industrial Development Bank of India Ltd 0.14 AA+
Union Bank of India 0.06 AA+
Securitised Debt 8.89
Credit Asset Tr Sr XXV Vodafone 2008 ** 2.05 F1+(SO)
Corporate Loan Sec Sr A2 LIC 06JUN08 ** 1.45 P1+(SO)
CLSS 88 TR A2 DLF 09 Feb 09 ** 1.00 A1+(SO)
UBL Trust Ser.40 31-May-2008 ** 0.90 F1+(SO)
KBH Loan Trust Sr A1 (31-OCT-08) ** 0.73 F1+(SO)
RB Loan Trust Series X (A) (02-Mar-2009) ** 0.70 F1+(SO)
Corporate Loan Sec Sr.29(A2) Trust 2008 ** 0.66 A1+(SO)
Indian Corp Loan Sec Tr Sr 28 A1 27Apr08 ** 0.63 P1+(SO)
Collateral Debt Tr Sr 20 Sr A1 27 Oct 08 ** 0.32 P1+(SO)
Indian Ret ABS 78 Ser A1 (26 FEB 08) ** 0.18 A1+(SO)
Credit Asset Trust Sr -XI Hutch 2008 ** 0.10 F1+(SO)
Collateral Debt Tr Sr 20 Sr A2 27 Oct 08 ** 0.04 P1+(SO)
Ind Cor Loan Sec Sr-Xlviii A2 11-SEPT-08 ** 0.03 A1+(SO)
BHPC Auto Sec Trust 15 Oct 2008 ** 0.02 AAA(SO)
Corporate Loan Securi Series 2 Trust2008 ** 0.01 P1+(SO)
Collateralised Debt Tr Sr.15(A2) LIC ** 0.01 P1+(SO)
Collateralised Debt Tr Sr V1-A2 25Apr08 ** 0.01 P1+(SO)
Indian Corp Loan Sec Tr Sr 28 A2 27Apr08 ** 0.01 P1+(SO)
Corporate Loan Sec Tr Sr-V A1 (HCL) 2008 ** 0.01 A1+(SO)
Indian Retail ABS Trust Series 56 (A1X) ** 0.00 AAA(SO)
Indian Retail ABS Trust Series XXV - A2 ** 0.00 AAA(SO)
PSU/PFI Bonds/Banks 1.62
NABARD** 1.62 AAA
Corporate Debt 0.08
JM Finanical Products Pvt. Ltd.** 0.07 P1+
IL&FS Investmart Limited ** 0.01 F1+
Cash & Current Assets -6.99
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
#iiiiiValue Research Rating
Birla Cash Plus - Institutional PremiumDebt: Ultra Short-term Institutional (58 Schemes), 18 month ended 31-Mar-08
#iiiiValue Research Rating
Birla Cash Plus - RetailDebt: Ultra Short-term ( Schemes), 18 month ended 52 31-Mar-08
CRISIL~CPR 2^^Birla Cash Plus - Retail Plan
Liquid Scheme (25 Schemes), 1 Yrs ended 31-Dec-07
CRISIL~CPR 2^^Birla Cash Plus - Institutional Premium Plan
Liquid Super Institutional Scheme (16 Schemes), 1 Yrs ended 31-Dec-07
CRISIL~CPR 2^^Birla Cash Plus - Institutional Plan
Liquid Institutional Scheme (13 Schemes), 1 Yrs ended 31-Dec-07
+The grading has been assigned by ICRA and indicates highest quality. The investment quality is similar to that of fixed income obligations of highest safety and with maturity corresponding upto 1 year. This grading should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns.
Birla Cash Plus - Retail - Growth Crisil Liquid Fund Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
A p r i l 2 0 0 8
#iiiiValue Research Rating
Birla Cash Plus - Institutional Debt: Ultra Short-term Institutional (58 Schemes), 18 month ended 31-Mar-08
0.08%
1.62%
8.89%
18.48%
77.92%
Corporate Debt
PSU/PFI Bonds/Banks
Securitised Debt
Floating Rate Instruments
Money Market Instruments10.72
8.738.32
7.47
11.31
8.55
6.87
0.00
2.00
4.00
6.00
8.00
10.00
12.00
15 days 1 Month 3 Months Since Inception
1.20%
105.79%
AA
AAA
31
Birla Sun Life Liquid Plus
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
An Open-ended short term income scheme with the objective to generate regular returns through investments in debt and money market securities.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty Date of inception / takeover
Retail Plan : November 27, 2001
Institutional Plan : April 16, 2003NAV : Rs.Insititutional Plan- Daily Dividend : 10.0068Insititutional Plan- Weekly Dividend : 10.0254Institution Plan- Monthly Dividend : 10.0554Institutional Growth : 15.2482Institutional Dividend : 10.5131Retail - Monthly Dividend : 10.0481Retail - Weekly Dividend : 10.0243Retail Fortnightly Dividend : 11.2908Retail Growth : 15.0534
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : NIL
NIL
Benchmark : CRISIL Short-Term
Bond Fund Index
Average AUM : Rs. 7349.15 Crores
Average Maturity : 0.62 Years
Investment Style Box
Asset Allocation
Rating Profile
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Portfolio
Money Market Instruments 43.89
Punjab National Bank 13.78 F1+
State Bank of Patiala 10.00 A1+
Union Bank of India 7.56 A1+
ICICI Bank Ltd. 7.20 A1+
DLF Ltd. 1.31 A1+
India Bulls Financial Services Ltd. 1.25 P1+
Industrial Development Bank of India Ltd. 0.77 A1+
Canara Bank 0.76 P1+
Kotak Mahindra Bank Ltd. 0.40 P1+
Industrial Development Bank of India Ltd. 0.31 P1+
State Bank of Indore 0.17 P1+
IDBI Bank Ltd. 0.16 A1+
Tata Capital Ltd. 0.13 A1+
Unitech Ltd. 0.09 PR1+
Corporate Debt 9.63
Housing Development Finance Corp Ltd.** 5.28 AAA
K Raheja Corp. Private Ltd. ** 2.49 A-
CitiFinancial Consumer Finance India Ltd.** 1.13 AAA
Kotak Securities Ltd.** 0.41 A1+
BHW Home Finance Ltd.** 0.13 LAA+
Tata Sons Ltd.** 0.11 AAA
GE Money Financial Services Ltd.** 0.06 AAA
Cholamandalam DBS Finance Ltd.** 0.03 LAA
Securitised Debt 8.11
BVL TRUST (Principal PTC) (20-Feb-2009)** 1.53 A1+(SO)
RB Loan Tr Sr VI (Untech) 2009** 1.12 FA+(SO)
Ge Capital Sev Kap Loan Tr Sr 26 June 08** 0.96 A1+(SO)
Ge Cap Sev KRI Loan Tr Sr A2 14 JAN 09** 0.87 A1(SO)
Invest 1608 Sr A (India Bull)(27-Mar-09)** 0.84 P1+(SO)
RB Loan Tr SR III A5-PO Indiabull-2008** 0.77 A1+(SO)
CLSS 89 TR A2 DLF 09 Feb 09** 0.61 A1+(SO)
RB Loan Trust Series II(A2) 14-Apr-2008** 0.42 P1+(SO)
CLSS 87 TR A2 DLF 09 Feb 09** 0.38 A1+(SO)
Corporate Loan Sec Sr 30 Tr 2008 L&T Fin.** 0.22 PR1+(SO)
Loan Sec Trust Sr XVI NTPC (ICICI Bank)** 0.15 AAA(SO)
Ind Ret ABS Trust Ser 49(A4) 18 MAY 2010** 0.07 AAA(SO)
Loan Sec Trust SrXII NTPC (ICICI)** 0.07 AAA(SO)
RB Loan Tr SR III A4-IO Indiabull-2008** 0.07 A1+(SO)
Corporate Loan Sec Sr.29(A1) Trust 2008** 0.03 A1+(SO)
Corporate Loan Sec Sr 30 A1 2008 L&T Fin.** 0.01 PR1+(SO)
PSU/PFI Bonds/Banks 7.42
National Bank for Agri & Rural Devp.** 7.21 AAA
Industrial Development Bank of India Ltd.** 0.18 AA+
Oriental Bank of Commerce** 0.03 AA+
Floating Rate Instruments 6.37
Infrastructure Development Fin. Co. Ltd. 2.06 LAAA
Housing Development Finance Corp Ltd. 1.68 LAAA
Kalpataru Ltd. 1.57 Unrated
Indian Railways Finance Corp. Ltd. 0.41 AAA
Tata Sons Ltd. 0.25 AAA
Indian Retail ABS Trust Series 50 0.23 AAA(SO)
Kotak Mahindra Bank Ltd. 0.17 P1+
Cash & Current Assets 24.58
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 25.16%
Birla SunLife Liquid Plus - Retail - Growth CRISIL Short-Term Bond Fund Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
A p r i l 2 0 0 8
6.37%
7.42%
8.11%
9.63%
24.58%
43.89%
Floating Rate Instruments
PSU/PFI Bonds/Banks
Securitised Debt
Corporate Debt
Cash & Current Assets
Money Market Instruments
1.24%
1.57%
2.49%
24.58%
70.12%
AA
Below AA
AAA
Cash & Current Assets
Unrated
8.59
6.91
6.276.66
8.78
6.09
5.41
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
10.00
1 Year 3 Years 5 Years Since Inception
32
Birla Sun Life Short Term Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Asset Allocation
Rating Profile
An Open-ended short term income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities with relatively low levels of interest rate risk.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata MohantyDate of inception/takeover : April 19, 2002
NAV : Rs.Growth : 14.6734Monthly Dividend : 10.5431Fortnightly Dividend : 10.0577
Load Structure (Incl. for SIP):
Entry Load :
Exit Load** : 0.25% for redemption / switch-out
of units within fifteen (15) days
from the date of allotment.
NIL
Benchmark : CRISIL Short-Term
Bond Fund IndexAverage AUM : Rs. 809.43 Crores
Average Maturity : 3.93 Years
Investment Style Box
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Money Market Instruments 48.77Punjab National Bank 12.38 F1+State Bank of Patiala 9.79 A1+ICICI Bank Ltd. 7.29 A1+State Bank of Bikaner and Jaipur 7.29 P1+Industrial Development Bank of India Ltd. 6.26 A1+UCO Bank 3.05 P1+Allahabad Bank 2.45 A1+Tata Capital Ltd. 0.25 A1+
Government Bond 17.53Govt Bond 8.23% FCI SB 2027 13.86 SovereignGovt Bond 8.30% 2023 2.56 SovereignGovt Bond 5.69% 2018 1.11 Sovereign
Securitised Debt 15.52Invest 1608 Sr A (India Bull)(27-Mar-09)** 6.70 P1+(SO)Collateral Debt Tr Sr 20 Sr A1 27 Oct 08** 3.13 P1+(SO)Corporate Loan Sec Sr 30 Tr 2008 L&T Fin.** 1.45 PR1+(SO)Credit Asset Tr Sr XI (Hutch) 2008** 1.35 F1+(SO)BVL TRUST (Interest PTC.) (20-Feb-2009)** 1.29 A1+(SO)Ind Ret ABS Trust Ser 49(A4) 18 MAY 2010** 1.14 AAA(SO)BHPC AutoSec Trust Jun05-Sr. A3(15OCT08)** 0.36 AAA(SO)
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 32.37%
Auto Receivable Trust- Aug-2005 (Sundara)** 0.10 LAAA(SO)
Corporate Debt 10.71Kotak Securities Ltd.** 3.31 A1+GE Money Financial Services Ltd.** 2.93 AAAHousing Development Finance Corp Ltd.** 2.77 AAASundaram Finance Ltd.** 0.67 LAA+CitiFinancial Consumer Finance India Ltd.** 0.61 AAASundaram Finance Ltd.** 0.42 AA+
PSU/PFI Bonds/Banks 5.89Indian Railways Finance Corp. Ltd.** 2.62 AAAInfrastructure Development Fin. Co. Ltd.** 1.57 AAANational Bank for Agri & Rural Devp.** 0.66 AAAExport-Import Bank of India** 0.66 AAAPower Finance Corporation Ltd.** 0.38 AAA
Floating Rate Instruments 0.25Indian Retail ABS Trust Series 50** 0.25 AAA(SO)
Cash & Current Assets 1.34
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
#iiiValue Research Ratingi
Birla Sun Life Short Term FundDebt: Short-term (2 Schemes), 18 months & 3 4 Yrs ended 31-Mar-08
7-Star Gold Award by @
ICRABirla Sun Life Short Term Fund - Growth
Liquid Plus Schemes (2 Schemes), 1 year ended & 6 31-Dec-07
CRISIL~CPR 1^^Birla Sun Life Short Term Fund
Debt Short Term Scheme (1 Schemes), 1 7 Yrs ended 31-Dec-07
Birla SunLife Short Term Fund - Growth CRISIL Short-Term Bond Fund Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
A p r i l 2 0 0 8
CNBC TV-18 CRISIL AWARD 2007Birla Sun Life Short Term Fund
&&
Category: Income – Short Term Funds 1 yr performance ended 31 Dec, ‘07. Total Schemes in Category = 12
0.25%
1.34%
5.89%
10.71%
15.52%
17.53%
48.77%
Floating Rate Instruments
Cash & Current Assets
PSU/PFI Bonds/Banks
Corporate Debt
Securitised Debt
Government Bond
Money Market Instruments
1.09%
1.34%
17.53%
80.05%
AA
Cash & Current Assets
Sovereign
AAA
9.68
7.34
6.52 6.65
8.78
6.09
5.415.78
0.00
2.00
4.00
6.00
8.00
10.00
12.00
1 Year 3 Years 5 Years Since Inception
33
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Income Plus
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 54.84%
An Open-ended income scheme with the objective to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach.
Investment Objective
Fund Manager : Mr. Maneesh DangiDate of inception/takeover : October 21, 1995
NAV : Rs.
Growth : 34.6618
Dividend : 10.5804
Benchmark : CRISIL Composite
Bond Fund IndexAverage AUM : Rs. 1602.42 Crores
Average Maturity : 12.87 Years
Investment Style Box
Asset Allocation
Rating Profile
PSU/PFI Bonds/Banks 48.24
Power Finance Corporation Ltd.** 14.35 AAA
Export-Import Bank of India** 9.25 AAA
National Bank for Agri & Rural Devp** 9.19 AAA
Punjab National Bank** 3.50 AAA
Indian Railways Finance Corp. Ltd.** 3.08 AAA
Infrastructure Development Fin. Co. Ltd.** 2.86 AAA
State Bank of India** 2.80 AAA
LIC Housing Finance Ltd.** 0.93 AAA
Power Finance Corporation Ltd.** 0.83 AAA
State Bank of Bikaner and Jaipur** 0.52 AAA
State Bank of Indore** 0.49 AAA
State Bank of Patiala** 0.40 AAA
Oriental Bank of Commerce** 0.04 AA+
Government Bond 41.34
Govt Bond 8.33% CGL 2036 25.61 Sovereign
Govt Bond 8.35% 2022 5.15 Sovereign
Govt Bond 7.99% 2017 4.31 Sovereign
Govt Bond 8.23% FCI SB 2027 3.96 Sovereign
Govt Bond 5.69% 2018 1.63 Sovereign
Govt. Bond 7.47% 2012 0.68 Sovereign
Corporate Debt 6.60
Housing Development Finance Corp Ltd.** 5.70 AAA
Infrastructure Development Fin. Co. Ltd.** 0.77 AAA
IL&FS Investsmart Ltd.** 0.08 LAAA(So)
Reliance Industries Ltd.** 0.06 AAA
Cash & Current Assets 3.82
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Load Structure (Incl. for SIP): w.e.f. 10/03/08
Entry Load : NIL
Exit Load** : £ Rs 10 Lacs: 0.75% if redeemed
/ switched out with in 180 days
from the date of allotment.
> Rs. 10 Lacs: Nil
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla Income Plus - Growth Crisil Composite Bond Fund Index
#iiValue Research Ratingii
Birla Income PlusDebt: Medium-term (51 Schemes), 3 yrs ended 31-Mar-08
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
CRISIL~CPR 1^^Birla Income Plus
Income Scheme (18 Schemes), 1 Yrs ended 31-Dec-07
A p r i l 2 0 0 8
@7-Star Gold Award by ICRA
Birla Income Plus - GrowthDebt: Long Term (18 Schemes), 1 year ended & 31-Dec-07
3.82%
6.60%
41.34%
48.24%
Cash & Current Assets
Corporate Debt
Government Bond
PSU/PFI Bonds/Banks
14.33
7.46
6.11
10.50
8.20
5.06 4.80
0
2
4
6
8
10
12
14
16
1 Year 3 Years 5 Years Since Inception
0.04%
3.82%
41.34%
54.80%
AA
Cash & Current Assets
Sovereign
AAA
34
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Income Fund
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 39.18%
An Open-ended income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.
Investment Objective
Fund Manager : Mr. Satyabrata MohantyDate of inception/takeover : March 03, 1997
NAV : Rs.
Growth : 29.4181
Half Yearly - Dividend : 11.0086
Quarterly Dividend : 10.6302
54 EA Growth : 29.3979
54 EA Dividend : 12.9543
54 EB Growth : 29.2128
54 EB Dividend : 12.9679
Average AUM : Rs. 289.49 Crores
Average Maturity : 6.88 Years
Investment Style Box
Asset Allocation
Rating Profile
PSU/PFI Bonds/Banks 37.52
Punjab National Bank** 10.01 AAA
Power Finance Corporation Ltd.** 6.76 AAA
State Bank of India** 4.88 AAA
National Bank for Agri & Rural Devp.** 4.72 AAA
Indian Railways Finance Corp. Ltd.** 3.29 AAA
Power Finance Corporation Ltd.** 3.05 AAA
State Bank of Indore** 1.74 AAA
LIC Housing Finance Ltd.** 1.70 AAA
State Bank of Bikaner and Jaipur** 1.37 AAA
Money Market Instruments 30.70
Industrial Development Bank of India Ltd. 15.36 A1+
Punjab National Bank 15.34 F1+
Government Bond 17.22
Govt Bond 8.33% CGL 2036 8.96 Sovereign
Govt Bond 7.99% 2017 5.04 Sovereign
Govt Bond 8.23% FCI SB 2027 3.22 Sovereign
Corporate Debt 1.65
Housing Development Finance Corp Ltd.** 1.65 AAA
Securitised Debt 0.00
Fleet Trust April 2004 Series** 0.00 AAA(SO)
Cash & Current Assets 12.90
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Benchmark : CRISIL Composite
Bond Fund Index
Load Structure (Incl. for SIP):
Entry Load :
Exit Load** : £ Rs 1 Crore: 1.00% if redeemed
/ switched out with in 365 days
from the date of allotment.
> Rs 1 Crore: Nil
NIL
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla SunLife Income Fund - Growth Crisil Composite Bond Fund Index
CRISIL~CPR 1^^Birla Sun Life Income Fund
Income Scheme (1 Schemes), 2 8 Yrs ended 31-Dec-07
#iiiiValue Research Ratingi
Birla Sun Life Income FundDebt: Medium Term (5 Schemes), Yrs ended - -01 3 31 Mar 8
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
A p r i l 2 0 0 8
&Best Fund - 3 & 10 yrs performance Lipper Awards India 2008
Winner of
Bond INR General, 3 yrs & 10 yrs ended 31-Dec-07 out of 100 & 10 Schemes respectively
Birla Sun Life Income Fund - Growth
CNBC TV-18 CRISIL AWARD 2007Birla Sun Life Income Fund
&&
Category: Income Funds1 yr performance ended 31 Dec, ‘07. Total Schemes in Category = 17
12.90%
17.22%
69.88%
Cash & Current Assets
Sovereign
AAA
1.65%
12.90%
17.22%
30.70%
37.52%
Corporate Debt
Cash & Current Assets
Government Bond
Money Market Instruments
PSU/PFI Bonds/Banks
13.62
8.37
6.87
10.22
8.20
5.06 4.80
0
2
4
6
8
10
12
14
16
1 Year 3 Years 5 Years Since Inception
35
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Cash Manager
As on 31st March, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
An Open-ended liquid scheme with the objective to provide current income which is consistent with a portfolio that offers investors superior liquidity by investing 100% in a diversified portfolio of debt (Fixed Income) and money market securities.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata MohantyDate of inception/takeover : May 14, 1998
NAV : Rs.
Retail Growth : 19.8392
Daily Dividend : 10.0030
Institutional Premium Growth : 13.5144
Institutional Premium Weekly Dividend : 10.0151
Weekly Dividend : 10.0147
Load Structure
Entry Load :
Exit Load : NIL
NIL
Benchmark : Crisil Liquid Fund Index Average AUM : Rs. 706.65 Crores
Average Maturity : 0.37 Years
Investment Style Box
Asset Allocation
Rating Profile
Portfolio
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Floating Rate Instruments 36.89
Kotak Mahindra Bank Ltd. 24.60 P1+
Kalpataru Ltd. 12.30 Unrated
Cash & Current Assets 5.39
Total Net Asset 100.00
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla SunLife Cash Manager - Growth Crisil Liquid Fund Index
% R
etu
rns
Money Market Instruments 57.72
DLF Ltd. 25.31 A1+
Reliance Capital 9.51 A1+
Unitech Ltd. 8.67 PR1+
Tata Sons Ltd. 7.31 A1+
Punjab National Bank 6.44 F1+
ICICI Bank Ltd. 0.47 A1+
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
A p r i l 2 0 0 8
5.39%
36.89%
57.72%
Cash & Current Assets
Floating Rate Instruments
Money Market Instruments
5.39%
12.30%
82.31%
Cash & Current Assets
Unrated
AAA
10.05
8.47
7.92
7.17
11.31
8.55
6.87
0.00
2.00
4.00
6.00
8.00
10.00
12.00
15 days 1 Month 3 Months Since Inception
36
As on 31st March, 2008
Birla Floating Rate Fund
Portfolio - Short Term Plan
An Open-ended income scheme with the objective to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments.
Investment Objective
Fund Manager : Mr. Satyabrata Mohanty Date of inception / takeover : June 05, 2003
NAV : Rs.Long Term:Growth : 13.4161Dividend : 10.3723Weekly Dividend : 10.0085Short Term:Growth : 13.2940Daily Dividend : 10.0015Weekly Dividend : 10.3826Institutional Plan-Growth : 10.6922Institutional Plan-Daily Dividend : 10.0086Institutional Plan-Weekly Dividend : 10.0155
BenchmarkLong Term : Crisil Liquid Fund IndexShort Term : Crisil Liquid Fund Index
Average AUMLong Term : Rs. 83.44 CroresShort Term : Rs. 99.79 Crores
Average MaturityLong Term : 0.39 YearsShort Term : 0.18 Years
Investment Style Box
Investment Performance - Long Term Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Investment Performance - Short Term Plan
Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation - Long Term Plan Rating Profile - Long Term Plan Asset Allocation - Short Term Plan Rating Profile - Short Term Plan
Portfolio - Long Term Plan
Floating Rate Instruments 54.45
Kotak Mahindra Bank Ltd. 16.50 P1+
Housing Development Finance Corp Ltd. 16.50 AAA
Sundaram Finance Ltd. 13.20 LAA+
Industrial Development Bank of India Ltd. 8.25 AA+
Money Market Instruments 33.18
ICICI Bank Ltd. 10.54 A1+
Punjab National Bank 7.59 F1+
Industrial Development Bank of India Ltd. 7.54 P1+
DLF Ltd. 7.51 A1+
Cash & Current Assets 12.37
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Floating Rate Instruments 71.28
LIC Housing Finance Ltd. 19.25 AAA
Housing Development Finance Corp Ltd. 16.36 AAA
Industrial Development Bank of India Ltd 14.49 AA+
Citicorp Finance India Ltd. 14.44 AAA
CitiFinancial Consumer Finance India Ltd 4.81 AAA
ICICI Bank Ltd. 1.92 AAA
Money Market Instruments 8.79
ICICI Bank Ltd. 8.79 A1+
Cash & Current Assets 19.94
Total Net Asset 100.00
Load Structure :
Long Term (Incl. for SIP)
Entry Load : Nil
Exit Load** : For any redemption / switch out of
units within 7 days from the date
of allotment :- 0.10%
Short Term
Entry Load : NIL
Exit Load : NIL
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
+The grading has been assigned by ICRA and indicates highest quality. The investment quality is similar to that of fixed income obligations of highest safety and with maturity corresponding upto 1 year. This grading should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns.
Birla Floating Rate Fund - STP - Growth Crisil Liquid Fund IndexBirla Floating Rate Fund - LTP - Growth Crisil Liquid Fund Index
% R
etu
rns
% R
etu
rns
#iiiiValue Research Rating
Birla Floating Rate Fund - Long TermDebt: Term ( Schemes), Yrs ended - -Floating - Long 13 3 31 Mar 08
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
A p r i l 2 0 0 8
12.37%
33.18%
54.45%
Cash & Current Assets
Money Market Instruments
Floating Rate Instruments
8.79%
19.94%
71.28%
Money MarketInstruments
Cash & CurrentAssets
Floating RateInstruments
12.37%
21.45%
66.18%
Cash & Current Assets
AA
AAA
14.49%
19.94%
65.58%
AA
Cash & Current Assets
AAA
8.74
6.986.28
7.43
6.25
5.45
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years Since Inception
11.32
8.988.29
6.09
11.31
8.55
6.87
5.45
0.00
2.00
4.00
6.00
8.00
10.00
12.00
15 days 1 Month 3 Months Since Inception
37
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Gilt Plus
As on 31st March, 2008
An Open-ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty
Date of inception / takeover : October 12, 1999NAV : Rs.Liquid PlanGrowth : 19.3978Quarterly Dividend : 10.5283Annual Dividend Option : 10.0114PF PlanGrowth : 22.3278Quarterly Dividend : 10.3996Annual Dividend Option : 19.3734Regular PlanGrowth : 25.9779Quarterly Dividend : 11.2178Annual Dividend Option : 22.0656
Load Structure (Incl. for SIP):Liquid Plan, Regular Plan & PF Plan-Quarterly / Annual Dividend:Entry Load : NILExit Load : NILPF Plan - Growth:Entry Load : NILExit Load** : 1.00% if redeemed / switched out
within 365 days from date of allotment.
Average AUMLiquid Plan : Rs. 23.83 CroresPF Plan : Rs. 80.13 CroresRegular Plan : Rs. 125.35 Crores
Average MaturityLiquid Plan : 0.00 YearsPF Plan : 11.67 YearsRegular Plan : 10.00 Years
Investment Style Box
Asset Allocation - PF Plan Asset Allocation - Regular PlanAsset Allocation - Liquid Plan
Investment Performance - Liquid Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Investment Performance - PF Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Investment Performance - Regular Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Portfolio - Liquid Plan Portfolio - PF Plan Portfolio - Regular Plan
Cash & Current Assets 100.00
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
Government Bond 35.54
Govt Bond 8.33% CGL 2036 35.54 Sovereign
Cash & Current Assets 64.46
Total Net Asset 100.00
Issuer % to Net RatingAssets
BenchmarkLiquid Plan : I-Sec Si-BEXPF Plan : I-Sec Li-BEXRegular Plan : I-Sec Li-BEX
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
#iiiValue Research Ratingi
Birla Gilt Plus - Liquid PlanGilt: Short-term (1 Schemes), 18 months & 3 8 Yrs ended 31-Mar-08
CRISIL~CPR 2^^Birla Gilt Plus - Regular Plan
Gilt Scheme (13 Schemes), 2 Yrs ended 31-Dec-07
#iiiiValue Research Ratingi
Birla Gilt Plus - Regular PlanGilt: Medium & Long-term ( 4 Schemes), 18 months & 3 4 Yrs ended 31-Mar-08
Birla Gilt Plus Liquid Plan I-Sec Si-BEX Birla Gilt Plus PF Plan - Growth I-Sec Li-BEX Birla Gilt Plus Regular Plan - Growth I-Sec Li-BEX
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
% R
etu
rns
% R
etu
rns
% R
etu
rns
64.46%
35.54%
Cash & Current Assets
Government Bond
Government Bond 53.43
Govt Bond 8.33% CGL 2036 33.46 Sovereign
Govt Bond 7.99% 2017 12.11 Sovereign
Govt Bond 8.35% 2022 6.12 Sovereign
Govt Bond 8.30% 2023 1.75 Sovereign
Cash & Current Assets 46.57
Total Net Asset 100.00
46.57%
53.43%Government Bonds
Cash & Current Assets
A p r i l 2 0 0 8
&Best Fund - 5 yrs Performance Lipper Awards India 2008
Winner of
Bond INR General (35 Schemes) 5 yrs ended 31-Dec-07
Birla Gilt Plus - Regular - Growth
100.00%Cash & Current Assets
6.596.01
5.74
8.13
8.94
6.666.23
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years 5 Years Since Inception
7.86
5.49 5.44
9.94
8.88
6.46 6.29
0
2
4
6
8
10
12
1 Year 3 Years 5 Years Since Inception
11.25
7.326.64
11.92
8.88
6.46 6.29
0
2
4
6
8
10
12
14
1 Year 3 Years 5 Years Since Inception
38
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Birla Sun Life Government Securities Fund
As on 31st March, 2008
Portfolio - Short Term PlanPortfolio - Long Term Plan
An Open-ended Gilt scheme with the objective to provide investors current income consistent with a portfolio invested 100% in securities issued by the Government of India or the State Governments, and the secondary objective is capital appreciation.
Investment Objective
Fund Manager : Mr. Maneesh Dangi
Date of inception / takeover : October 28, 1999NAV : Rs.
Long Term Plan
Growth : 20.2331
Dividend : 9.9318
Short Term Plan
Growth : 16.5759
Dividend : 10.0291
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : NIL
NIL
Benchmark
Long Term Plan : I-Sec Li-BEX
Short Term Plan : I-Sec Si-BEX
Average AUMLong Term Plan : Rs. 1.16 CroresShort Term Plan : Rs. 0.44 Crores
Average MaturityLong Term Plan : 13.71 YearsShort Term Plan : 0.00 Years
Long Term - Investment Style Box
Long Term Plan - Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Asset Allocation - Long Term Plan
Short Term Plan - Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Asset Allocation - Short Term Plan
Government Bond 72.78
Govt Bond 8.23% FCI SB 2027 72.78 Sovereign
Cash & Current Assets 27.22
Total Net Asset 100.00
Cash & Current Assets 100.00
Total Net Asset 100.00
Issuer % to Net RatingAssets
Issuer % to Net RatingAssets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Short Term - Investment Style Box
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality Credit Quality
Birla SunLife G Sec Fund - LT - Growth I-Sec Li-BEX Birla SunLife G Sec Fund - STD - Growth I-Sec Si-BEX
% R
etu
rns
% R
etu
rns
100.00%Cash & Current Assets
A p r i l 2 0 0 8
27.22%
72.78%
Cash & Current Assets
Government Bond
1.91
3.21
4.02
8.728.88
6.46 6.29
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years 5 Years Since Inception
3.74
4.69
3.82
6.18
8.94
6.666.23
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years 5 Years Since Inception
39
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
As on 31st March, 2008
Birla Bond Index Fund
An Open-ended income scheme with the objective of tracking the CRISIL Composite Bond Fund Index which has been introduced by CRISIL to track the returns on a composite portfolio that includes call instruments, commercial papers, government securities, AAA & AA rated instruments.
Investment Objective
Fund Manager : Mr. Satyabrata Mohanty Date of inception / takeover : May 9, 2003
NAV : Rs.
Growth : 12.3788
Dividend : 10.0406
Load Structure (Incl. for SIP):Entry Load :Exit Load** : £ Rs 10 lakhs: 0.25% if redeemed
/ switched out with in 90 days from the date of allotment.> 10 Lakhs: Nil
NIL
Benchmark : CRISIL Composite Bond Fund Index
Average AUM : Rs. 0.36 Crores
Average Maturity : 0.66 Years
Investment Style Box
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 27.03%
PSU/PFI Bonds/Banks 27.03
Power Finance Corporation Ltd.** 27.03 AAA
Government Bond 5.72
Govt Bond 9.39% 2011 5.72 Sovereign
Cash & Current Assets 67.25
Total Net Asset 100.00
Issuer % to Net RatingAssets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
A p r i l 2 0 0 8
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Asset Allocation
Rating Profile
Birla Bond Index Fund - Growth Crisil Composite Bond Fund Index
% R
etu
rns 5.72%
27.03%
67.25%
Government Bond
PSU/PFI Bonds/Banks
Cash & Current Assets
5.72%
27.03%
67.25%
Sovereign
AAA
Cash & Current Assets
6.28
5.02
4.45
8.2
5.06
4.43
0
1
2
3
4
5
6
7
8
9
1 Year 3 Years Since Inception
40
**Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
India Advantage Fund Ltd.(For Non-Resident Indians and Eligible Foreign Nationals)
As on 31st March, 2008
Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.The returns for BSE Sensex are in Indian Rupees while the returns for IAF & MSCI (India) are in US Dollars.
Portfolio
Investment via sub-fund, India Advantage (Offshore) Fund, are stated at market/fair value at the date of determination. Securities listed on a recognised stock exchange are valued at the last quoted closing price on the principal exchange on which the security istraded Non-traded securities are valued at amortised cost and/or fair value as determined in good faith by Birla Sun Life Asset Management Company Limited, India, Conversion Rate: 1 USD = INR 39.97
Asset Allocation
An Open-ended growth scheme with the objective of long-term appreciation through investment primarily in equity related securities of companies in India that are run by efficient management, have a sustainable and robust business model and are available at reasonablevaluations.
Investment Objective
Fund Manager : Mr. Ajay Argal Date of inception / takeover : August 8, 1996
NAV $ per Class C Share : 197.57 Benchmark : BSE Sensex and MSCI (India)
Bloomberg Ticker Code : INDADVC MPAUM : USD 160.64 MillionConversion Rate 1 USD : INR 39.97
Investment Style Box
Investment Performance CAGR Returns (%)
Equity Investments
RELIANCE INDUSTRIES Banks 7.63
BHEL Consumer NonDurables 5.13
BHARTI AIRTEL LTD. Auto 4.24
OIL AND NATURAL GAS Finance 3.37
ITC LIMITED Pharmaceuticals 3.34
HDFC LIMITED Media & Entertainmen 2.98
RELIANCE COMM. LTD. Non - Ferrous Metals 2.93
ICICI BANK LTD. Industrial Cap Goods 2.53
GREAT EASTERN NEW Construction 2.34
INFOSYS TECHNOLOGIES Software 2.31
THERMAX LTD Ferrous Metals 2.27
AIA ENGINEERING LTD. Construction 2.12
SESA GOA LTD. Petroleum Products 2.10
Great Offshore Ltd MINING 2.06
GAS AUTHORITY OF IND Ferrous Metals 1.99
ORIENTAL BANK OFCOMMERCE Power 1.97
BHARTI SHIPYARD Construction 1.97
NGRJUN.CONT.CO.LTD Industrial Cap Goods 1.90
CESC LTD. STEEL 1.83
WELSPUN GUJARAT STAH Auto 1.79
BANK OF INDIA LTD. Industrial Products 1.75
BALAJI TELEFILMS LTD Banks 1.67
UNITED PHOSPHORUS POWER GENERATION 1.64
LARSEN & TOUBRO Industrial Cap Goods 1.63
AXIS BANK LTD. Consumer NonDurables 1.60
DLF LIMITED Construction Materia 1.59
INDIA CEMENTS Construction 1.54
UNITED SPIRITS LTD. Banks 1.46
SUZLON ENERGY LTD. Construction 1.44
BHARAT ELECTRONICSLTD. Pesticides 1.44
STATE BANK OF INDIA Media & Entertainmen 1.42
Name of the Security Sector Percentageof Portfolio
Name of the Security Sector Percentageof Portfolio
SINTEX INDUSTRIES LT Banks 1.38
HERO HONDA LTD Ferrous Metals 1.36
TATA IRON & STEEL CO Power 1.26
ENGINEERS (INDIA) Construction 1.16
IVRCL INFRASTRUCTURE Banks 1.13
LANCO INFRATECH LTD. Industrial Cap Goods 1.12
MAHARASHTRA SEAMLESS Gas 1.10
RELIANCE PETRO LTD. Oil 0.98
GUJARAT NRE COKE Ferrous Metals 0.98
JAIPRAKASH ASSOCIATE Industrial Cap Goods 0.97
SUBEX LTD. Industrial Cap Goods 0.96
STEEL AUTHORITY Software 0.96
PUNJ LLOYD LTD Transportation 0.85
CROMPTON GREAVES Banks 0.84
HINDALCO INDUSTRIESLTD Telecom-Services 0.77
ZEE ENTERT.ENTRPZE. Finance 0.76
SUN PHARMACEUTICALS Consumer NonDurables 0.68
TATA MOTORS Oil 0.28
RURAL ELE CORP LTD Telecom-Services 0.28
BALRAMPUR CHINI LTD. Industrial Cap Goods 0.17
SBI RIGHTS Petroleum Products 0.00
Call & Call Equivalents :
Mutual Fund Units 0.00
Canara Bank - Cd Mat 04 Feb 09 5.81
Cblo 31-Mar-2008 2.03
Corporate Debt :
2.00% Trent 7july102.00% Trent Ltd. 0.13
Total 100.00
Value Blend Growth Size
Large
Mid
Small
Investment Style
India Advantage Fund BSE Sensex MSCI (India)
% R
etu
rns
Morningstar Rating™
iiii
A p r i l 2 0 0 8
Ranked 11th among Top Performing Equity &Funds in the world by Lipper
India Advantage FundEquity Funds (6302 funds), 10 yrs ended 31 Dec 07
“Channel Islands Stock Exchange (CISX)”
Also listed on
0.68
0.77
0.98
1.26
1.38
1.44
1.54
1.64
1.64
1.99
2.34
2.43
2.95
3.26
3.27
4.97
5.43
5.95
7.17
8.07
8.61
9.27
14.93
Pharmaceuticals
Non - Ferrous Metals
Mining
Steel
Industrial Products
Power Generation
Construction Materia
Auto
Pesticides
Gas
Transportation
Media & Entertainmen
Power
Finance
Software
Consumer NonDurables
Oil
Ferrous Metals
Telecom-Services
Construction
Petroleum Products
Banks
Industrial Cap Goods
41
0
10
20
30
40
50
60
3 Year
29.1
52.5
34.0
38.6
30.529.3
37.1
41.4
14.914.3
5 Year 10 Year Since Inception
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
@@
Dividend History(For select Schemes)A p r i l 2 0 0 8
# EQUITY SCHEMES Declared Dividend Dividend Face value Cum Dividend NAV on date (%) (Rs. per unit) (Rs.) (Rs. per unit)
EQUITY SCHEMES
Birla Advantage Fund 27-Aug-99 20 2.00 10.00 33.8122-Mar-00 80 8.00 10.00 70.3728-Nov-03 30 3.00 10.00 44.8823-Jan-04 20 2.00 10.00 47.3312-Mar-04 25 2.50 10.00 46.1023-Mar-05 50 5.00 10.00 54.2516-Dec-05 50 5.00 10.00 65.89
275 27.5
Birla Dividend Yield Plus 30-May-03 8 0.80 10.00 11.8413-Jun-03 5 0.50 10.00 10.8824-Jul-03 12 1.20 10.00 11.6219-Sept-03 18 1.80 10.00 12.0931-Oct-03 10 1.00 10.00 11.8726-Dec-03 15 1.50 10.00 13.9313-Feb-04 10 1.00 10.00 12.5828-Sep-04 8 0.80 10.00 11.5724-Dec-04 14 1.40 10.00 13.7511-Mar-05 10 1.00 10.00 12.851-July-05 8 0.80 10.00 11.2628-Oct-05 8 0.80 10.00 11.9413-Jan-06 16 1.60 10.00 11.8927-April-06 10 1.00 10.00 13.0710-Oct-06 8 0.80 10.00 11.6730-April-07 8 0.80 10.00 11.201-Nov-07 10 1.00 10.00 12.77
178 17.80
Birla Equity Plan 15-Feb-02 10 1.00 10.00 12.4517-Oct-03 15 1.50 10.00 24.8926-Mar-04 15 1.50 10.00 26.9021-Oct-05 40 4.00 10.00 42.1016-Dec-05 40 4.00 10.00 46.5017-Feb-06 40 4.00 10.00 44.5428-Mar-08 60 6.00 10.00 64.23
245 24.50
Birla Index Fund 17-Oct-03 56 5.60 10.00 16.1903-Feb-04 16.5 1.65 10.00 11.9923-Mar-07 65 6.50 10.00 21.83
137.5 13.75
Birla India GenNext Fund 19-Jun-07 20 2.00 10.00 14.93
Birla India Opportunities Fund 04-Feb-00 25 2.50 10.00 28.9714-Jan-03 10 1.00 10.00 12.1627-Feb-04 60 6.00 10.00 18.6926-Oct-04 12.5 1.25 10.00 14.1716-Sep-05 40 4.00 10.00 14.90
147.5 14.75
Birla Midcap Fund 24-Jan-03 5 0.50 10.00 10.5219-Jun-03 10 1.00 10.00 11.8322-Jul-03 10 1.00 10.00 11.8124-Dec-03 60 6.00 10.00 18.358-Oct-04 12.5 1.25 10.00 13.7228-Jan-05 10 1.00 10.00 14.753-Feb-06 20 2.00 10.00 22.5922-Dec-06 35 3.50 10.00 25.9428-Dec-07 60 6.00 10.00 40.50
222.5 22.25
Birla MNC Fund 5-Feb-00 25 2.50 10.00 0.0022-Feb-02 40 4.00 10.00 27.1629-Aug-03 50 5.00 10.00 30.5818-Jan-05 50 5.00 10.00 42.8026-Aug-05 75 7.50 10.00 41.05
240 24.00
Birla Sun Life Basic Industries Fund 20-Aug-03 25 2.50 10.00 18.5331-Mar-04 25 2.50 10.00 25.7007-Oct-04 20 2.00 10.00 25.0224-Mar-06 100 10.00 10.00 35.0819-Jan-07 105 10.50 10.00 39.60
275 27.50
Birla Sun Life Buy India Fund 28-Mar-06 75 7.50 10.00 17.54
Birla Sun Life Equity Fund 30-Sept-99 30 3.00 10.00 25.8628-Mar-00 50 5.00 10.00 51.0829-Sept-00 25 2.50 10.00 28.6520-Mar-01 10 1.00 10.00 18.9728-Sept-01 10 1.00 10.00 12.7920-Mar-02 10 1.00 10.00 17.1321-Oct-02 5 0.50 10.00 14.0724-Mar-03 5 0.50 10.00 14.3730-Sept-03 10 1.00 10.00 22.9608-Mar-04 30 3.00 10.00 30.9120-Oct-04 10 1.00 10.00 30.0210-Feb-06 50 5.00 10.00 58.9423-Mar-07 100 10.00 10.00 74.4531-Aug-07 100 10.00 10.00 79.98
445 44.50
Birla Sun Life Frontline Equity Fund 29-Aug-03 10 1.00 10.00 14.4531-Mar-04 20 2.00 10.00 18.4814-Oct-04 10 1.00 10.00 16.8027-Feb-06 80 8.00 10.00 28.8828-Aug-06 60 6.00 10.00 23.5629-Jun-07 40 4.00 10.00 23.86
210 21.00
Birla Sun Life New Millennium Fund 27-Jan-06 20 2.00 10.00 11.67
Birla Sun Life Tax Relief ‘96 10-Mar-04 100 10.00 10.00 125.3727-Apr-06 500 50.00 10.00 224.518-Dec-06 250 25.00 10.00 193.9419-Jan-07 260 26.00 10.00 176.5416-Mar-07 500 50.00 10.00 134.27 25-Mar-08 200 20.00 10.00 106.74
2110 211.00
Birla Top 100 Fund 12-Jan-07 15 1.50 10.00 16.072
Total dividend declared
since inception (Feb 24, 1995) = 275%
Total dividend declared
since inception (Feb 16, 1999) = 185%
Total dividend declared
since inception (Aug 27, 1998) = 445%
Total dividend declared
since inception (Dec 27, 1999) = 147.50%
Total dividend declared
since inception (Dec 27, 1999) = 240%
Total dividend declared
since inception (Oct 3, 2002) = 222.50%
Total dividend declared
since inception (Feb 26, 2003) = 178%
Total dividend declared since inception (Sept 18, 2002) = 137.5%
Total dividend declared
since inception (Aug 30, 2002) = 210%
Total dividend declared
since inception (Jan 15, 2000) = 275%
Total dividend declared
since inception (Mar 29, 1996) = 1910%
After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.42
Dividend History(For select Schemes)A p r i l 2 0 0 8
HYBRID & MONTHLY INCOME SCHEMES
# DEBT SCHEMES Date Face Value Dividend Dividend Cum Dividend NAV (%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit)
#Dividend Dividend
Non Corporate Corporate
Birla Balance 17-Oct-03 10.00 15 1.50 - - 13.3220-Jan-06 10.00 50 5.00 - - 15.13
65 6.50
Birla MIP (Monthly Dividend Plan) 30-Mar-07 10.00 0.733 0.0733 0.683 0.0683 10.930727-Apr-07 10.00 0.565 0.0565 0.526 0.0526 10.9373
25-May-07 10.00 0.551 0.0551 0.513 0.0513 11.027629-Jun-07 10.00 0.672 0.0672 0.625 0.0625 10.221827-July-07 10.00 1.120 0.1120 1.043 0.1043 11.540331-Aug-07 10.00 0.958 0.0958 0.892 0.0892 11.406328-Sep-07 10.00 0.114 0.0114 0.106 0.0106 11.583326-Oct-07 10.00 0.120 0.0120 0.111 0.0111 11.684430-Nov-07 10.00 0.146 0.0146 0.135 0.0135 11.552628-Dec-07 10.00 1.147 0.1147 1.068 0.1068 11.6693 25-Jan-08 10.00 0.120 0.0120 0.112 0.0112 11.3399 29-Feb-08 10.00 0.085 0.0085 0.079 0.0079 10.9853 28-Mar-08 10.00 0.068 0.0068 0.064 0.0064 10.6837
Birla MIP II - Savings 5 Plan 30-Mar-07 10.00 0.590 0.0590 0.550 0.0550 10.1626(Monthly Dividend Plan) 27-Apr-07 10.00 0.458 0.0458 0.426 0.0426 10.0990
25-May-07 10.00 0.458 0.0458 0.426 0.0426 10.125226-Jun-07 10.00 0.777 0.0777 0.723 0.0723 10.131427-July-07 10.00 0.885 0.0885 0.823 0.0823 10.232031-Aug-07 10.00 0.852 0.0852 0.793 0.0793 10.216326-Sep-07 10.00 0.065 0.0065 0.060 0.0060 10.192626-Oct-07 10.00 0.077 0.0077 0.072 0.0072 10.199130-Nov-07 10.00 0.087 0.0087 0.081 0.0081 10.199328-Dec-07 10.00 0.696 0.0696 0.648 0.0648 10.1729 25-Jan-08 10.00 0.064 0.0064 0.060 0.0060 10.1664 29-Feb-08 10.00 0.062 0.0062 0.058 0.0058 10.1916 27-Mar-08 10.00 0.052 0.0052 0.048 0.0048 10.1802
Birla MIP II - Wealth 25 Plan 30-Mar-07 10.00 0.763 0.0763 0.711 0.0711 10.9953(Monthly Dividend Plan) 27-Apr-07 10.00 0.587 0.0587 0.546 0.0546 10.9890
25-May-07 10.00 0.629 0.0629 0.585 0.0585 11.091529-Jun-07 10.00 0.756 0.0756 0.704 0.0704 11.253527-July-07 10.00 1.126 0.1126 1.048 0.1048 11.565831-Aug-07 10.00 0.962 0.0962 0.895 0.0895 11.349328-Sep-07 10.00 0.113 0.0113 0.105 0.0105 11.554326-Oct-07 10.00 0.119 0.0119 0.111 0.0111 11.624130-Nov-07 10.00 0.145 0.0145 0.135 0.0135 11.525528-Dec-07 10.00 1.145 0.1145 1.066 0.1066 11.7620 25-Jan-08 10.00 0.121 0.0121 0.113 0.0113 11.2126 29-Feb-08 10.00 0.084 0.0084 0.078 0.0078 10.7279 28-Mar-08 10.00 0.067 0.0067 0.062 0.0062 10.3049
Birla Sun Life '95 Fund 31-Mar-98 10.00 10 1.00 - - 15.8830-Jun-99 10.00 20 2.00 - - 26.7828-Mar-00 10.00 50 5.00 - - 64.4413-Oct-00 10.00 30 3.00 - - 39.8509-Mar-01 10.00 20 2.00 - - 33.5015-Oct-01 10.00 20 2.00 - - 25.7026-Mar-02 10.00 20 2.00 - - 29.9930-Oct-02 10.00 10 1.00 - - 26.0128-Mar-03 10.00 10 1.00 - - 27.0010-Oct-03 10.00 10 1.00 - - 38.5922-Mar-04 10.00 30 3.00 - - 42.3125-Oct-04 10.00 20 2.00 - - 43.0210-Mar-06 10.00 25 2.50 - - 68.53
275 27.50
Birla Sun Life Monthly Income - 30-Mar-07 10.00 0.482 0.0482 0.449 0.0449 10.5950Monthly Dividend 30-April-07 10.00 0.496 0.0496 0.461 0.0461 10.6969
31-May-07 10.00 0.673 0.0673 0.626 0.0626 10.825329-Jun-07 10.00 0.622 0.0622 0.579 0.0579 10.848031-July-07 10.00 1.152 0.1152 1.072 0.1072 11.156231-Aug-07 10.00 0.744 0.0744 0.692 0.0692 11.017728-Sep-07 10.00 0.135 0.0135 0.125 0.0125 11.182031-Oct-07 10.00 0.163 0.0163 0.152 0.0152 11.265730-Nov-07 10.00 0.140 0.0140 0.130 0.0130 11.099531-Dec-07 10.00 1.221 0.1221 1.136 0.1136 11.3372 31-Jan-08 10.00 0.075 0.0075 0.070 0.0070 10.8881 29-Feb-08 10.00 0.068 0.0068 0.063 0.0063 10.7070 31-Mar-08 10.00 0.071 0.0071 0.066 0.0066 10.3796
Birla Sun Life Monthly Income - 29-Dec-06 10.00 1.686 0.1686 1.571 0.1571 11.1776Quarterly Dividend 30-Mar-07 10.00 1.710 0.1710 1.593 0.1593 11.1777
29-Jun-07 10.00 0.622 0.0622 0.579 0.0579 10.848002-July-07 10.00 2.375 0.2375 2.210 0.2210 11.537828-Sep-07 10.00 0.286 0.0286 0.266 0.0266 11.831031-Dec-07 10.00 2.856 0.2856 2.658 0.2658 12.2011 31-Mar-08 10.00 0.259 0.0259 0.241 0.0241 11.1765
After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.
Total dividend declared
since inception (Feb 10, 1995) = 275%
Total dividend declared since inception (Oct 12, 1999) = 65%
43
Dividend History(For select Schemes)A p r i l 2 0 0 8
DEBT SCHEMES
Birla Bond Index Fund 15-Sep-06 10.00 1.093 0.1093 1.018 0.1018 10.374115-Dec-06 10.00 1.552 0.1552 1.446 0.1446 10.212015-Mar-07 10.00 1.546 0.1546 1.440 0.1440 10.285915-Jun-07 10.00 1.656 0.1656 1.541 0.1541 10.270617-Sep-07 10.00 0.171 0.0171 0.159 0.0159 10.247917-Dec-07 10.00 1.875 0.1875 1.745 0.1745 10.2193 17-Mar-08 10.00 0.116 0.0116 0.108 0.0108 10.1370
Birla Dynamic Bond Fund - Retail - 30-Mar-07 10.00 1.096 0.1096 1.021 0.1021 10.2424Quarterly Dividend 02-July-07 10.00 2.165 0.2165 2.015 0.2015 10.4540
28-Sep-07 10.00 0.205 0.0205 0.191 0.0191 10.445231-Dec-07 10.00 2.073 0.2073 1.930 0.1930 10.5212 04-Feb-08 10.00 0.042 0.0042 0.039 0.0039 10.4390
Birla Gilt Plus - Liquid Plan - 15-Dec-06 10.00 1.719 0.1719 1.601 0.1601 10.8382(Quarterly Dividend) 15-Sep-06 10.00 1.082 0.1082 1.008 0.1008 10.7193
15-Mar-07 10.00 1.725 0.1725 1.607 0.1607 10.793815-Jun-07 10.00 1.736 0.1736 1.616 0.1616 10.551117-Sep-07 10.00 0.180 0.0180 0.168 0.0168 10.703217-Dec-07 10.00 1.602 0.1602 1.491 0.1491 10.6626 17-Mar-08 10.00 0.160 0.0160 0.149 0.0149 10.6857
Birla Gilt Plus - PF Plan 15-Dec-06 10.00 1.590 0.1590 1.481 0.1481 10.8360(Quarterly Dividend) 15-Sep-06 10.00 1.228 0.1228 1.143 0.1143 10.6422
15-Mar-07 10.00 1.614 0.1614 1.503 0.1503 10.585315-Jun-07 10.00 1.677 0.1677 1.561 0.1561 10.305917-Sep-07 10.00 0.186 0.0186 0.173 0.0173 10.593017-Dec-07 10.00 1.817 0.1817 1.691 0.1691 10.6516 17-Mar-08 10.00 0.205 0.0205 0.191 0.0191 10.7912
Birla Gilt Plus - Regular Plan 15-Dec-06 10.00 1.886 0.1886 1.756 0.1756 11.1872(Quarterly Dividend) 15-Sep-06 10.00 1.377 0.1377 1.282 0.1282 11.0538
15-Mar-07 10.00 1.693 0.1693 1.576 0.1576 11.167915-Jun-07 10.00 1.990 0.1990 1.852 0.1852 10.907717-Sep-07 10.00 0.234 0.0234 0.218 0.0218 11.376217-Dec-07 10.00 2.180 0.2180 2.029 0.2029 11.4187 17-Mar-08 10.00 0.220 0.0220 0.204 0.0204 11.6530
Birla Income Plus 15-Sep-06 10.00 1.081 0.1081 1.007 0.1007 10.2751(Monthly Dividend) 15-Dec-06 10.00 1.537 0.1537 1.431 0.1431 10.3281
15-Mar-07 10.00 0.930 0.0930 0.866 0.0866 10.106415-Jun-07 10.00 1.529 0.1529 1.423 0.1423 10.221817-Sep-07 10.00 0.181 0.0181 0.169 0.0169 10.570417-Dec-07 10.00 2.031 0.2031 1.890 0.1890 10.7758 17-Mar-08 10.00 0.230 0.0230 0.214 0.0214 10.9445
Birla Sun Life Govt. Securities - 15-Mar-07 10.00 3.113 0.3113 2.899 0.2899 10.4817Long Term Dividend 17-Sep-07 10.00 0.316 0.0316 0.294 0.0294 10.3774
17-Mar-08 10.00 0.048 0.0048 0.045 0.0045 10.0548
Birla Sun Life Govt. Securities - 15-Dec-06 10.00 1.194 0.1194 0.112 0.0112 10.3763Short Term Dividend 15-Sep-06 10.00 0.978 0.0978 0.911 0.0911 10.1559
15-Mar-07 10.00 1.440 0.1440 1.341 0.1341 10.370215-Jun-07 10.00 1.352 0.1352 1.258 0.1258 10.176817-Sep-07 10.00 0.161 0.0161 0.150 0.0150 10.311017-Dec-07 10.00 1.546 0.1546 1.439 0.1439 10.2972 17-Mar-08 10.00 0.059 0.0059 0.055 0.0055 10.0734
Birla Sun Life Income Fund- 15-Mar-07 10.00 3.191 0.3191 2.971 0.2971 10.8886Half Yearly Dividend 17-Sep-07 10.00 0.376 0.0376 0.350 0.0350 11.2454
17-Mar-08 10.00 0.475 0.0475 0.442 0.0442 11.6359
Birla Sun Life Income Fund - 15-Dec-06 10.00 1.644 0.1644 0.153 0.0153 10.4492Quarterly Dividend 26-Jun-06 10.00 0.148 0.0148 0.137 0.0137 10.2581
15-Mar-07 10.00 1.552 0.1552 1.446 0.1446 10.344415-Jun-07 10.00 1.776 0.1776 1.653 0.1653 10.263217-Sep-07 10.00 0.197 0.0197 0.183 0.0183 10.653417-Dec-07 10.00 2.047 0.2047 1.905 0.1905 10.8291 17-Mar-08 10.00 0.231 0.0231 0.215 0.0215 10.9767
Birla Sun Life Liquid Plus - 25-Jan-08 10.00 0.052 0.0052 0.048 0.0048 10.0987Institutional Monthly Dividend 29-Feb-08 10.00 0.067 0.0067 0.062 0.0062 10.1225
28-Mar-08 10.00 0.055 0.0055 0.051 0.0051 10.118
Birla Sun Life Liquid Plus - 25-Jan-08 10.00 0.050 0.0050 0.046 0.0046 10.0899Retail Monthly Dividend 29-Feb-08 10.00 0.064 0.0064 0.059 0.0059 10.1117
28-Mar-08 10.00 0.052 0.0052 0.049 0.0049 10.1016
Birla Sun Life Short Term Fund - 25-Jan-08 10.00 0.075 0.0075 0.070 0.0070 10.6120Monthly Dividend 29-Feb-08 10.00 0.033 0.0033 0.031 0.0031 10.5686
28-Mar-08 10.00 0.057 0.0057 0.053 0.0053 10.5994
Non Corporate Corporate
# DEBT SCHEMES Date Face Value Dividend Dividend Cum Dividend NAV
(%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit)
#Dividend Dividend
After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.44
AddendumsA p r i l 2 0 0 8
MANDATORY PERMANENT ACCOUNT NUMBER (PAN) REQUIREMENTAs per SEBI Circular dated April 27, 2007 and SEBI communication dated June 25, 2007 issued to AMFI, w.e.f. JANUARY 1, 2008, it is mandatory for all investors to quote their PERMANENT ACCOUNT NUMBER (PAN) and submit copy of the PAN card issued by the Income Tax Department, irrespective of the amount of investment, while making an application for Subscription of Units of the Schemes of Birla Sun Life Mutual Fund. In case of joint applicants, PAN details of all holders must be submitted. In case the investor making the application is a minor, PAN details of the Guardian must be submitted. All Applications for Subscription of units made without the aforesaid details will be rejected.Date : December 31, 2007
NOTICE IS HEREBY GIVEN THAT pursuant to SEBI circular ref. no. SEBI / IMD/ CIR No. 10/ 112153/07 dated December 31, 2007 the load structure of all the existing Schemes (except for the New Fund Offer of Birla Sun Life Special Situations Fund) of Birla Sun Life Mutual Fund with effect from January 4, 2008 are modified as under:
No Entry Load shall be charged for Direct Applications for fresh purchases / additional purchases / switch in of units / fresh Systematic Investment Plans (SIP) / fresh Systematic Transfer Plans (STP) submitted to Asset Management Company (AMC) at any of the Official Points of Acceptances, without quoting Distributor or Broker code, or Directly made through its website www.birlasunlife.com No Entry Load shall be charged for purchases / subscription of units through existing registered SIP facility / STP facility, where applications made, were without quoting Distributor or Broker code.Provisions of the Offer Document of Schemes for “Exit Load” shall remain unchanged. All other features and terms and conditions of the Schemes shall remain unchanged.The AMC reserves the right to increase / decrease / introduce a Load at any time in future on a prospective basis. However, such increase / decrease / introduction would be subject to the limits prescribed under the regulations.
This addendum forms an integral part of the Offer Documents of the schemes read with the addenda. Date : January 3, 2008
45
Addendum to Offer Document(s)/ Key Information Memorandum cum Application Form(s) of the schemes of Birla Sun Life Mutual Fund
Investors / Unitholders are advised to take note of the following changes made to the list of Official Points of Acceptance for Birla Sun Life Mutual Fund.
This Addendum forms an integral part of the Offer Document(s) / Key Information Memorandum cum Application Form(s) of the schemes of Birla Sun Life Mutual Fund read with the addenda issued there under.Date: January 3, 2008
(B) Change in Address of Existing Official Points of Acceptance for Transactions in all the Schemes of Birla Sun Life Mutual Fund with effect from January 4, 2008 :Branch Office : Birla Sun Life Asset Management Company Limited
State
Maharashtra
New Address
Shop No. 1, Samruddhi Residency, Opp. City Pride Hotel, Tilak Wadi, Nasik – 422002
Old Address
Shop No. 3, Upper Ground Floor, Rishiraj Avenue, Commissioner Office Road, Canada Corner, Nasik - 422006
(A) Addition of new Official Points of Acceptance for Transactions in all the Schemes of Birla Sun Life Mutual Fund:Branch Office: Birla Sun Life Asset Management Company Limited:
State
Maharastra
Chhatisgarh
Address
506-507, 5th Floor, Kailas Plaza, Vallabaug Lane, Ghatkopar (East), Mumbai - 400077
2nd Floor, Chawla Complex, Devendra Nagar Road, Sai Nagar, Raipur - 492001
ADDENDUM TO THE OFFER DOCUMENT OF ALL SCHEMES OF BIRLA SUN LIFE MUTUAL FUNDChange in Directorship of Birla Sun Life Asset Management Company ('BSLAMC')Mr. Gray Comerford resigned to act as an Alternate Director to Mr. Donald Stewart w.e.f. January 1, 2008.
All other terms & conditions of the Schemes will remain unchanged.This Addendum forms an integral part of the Offer Document of all the Schemes of Birla Sun Life Mutual Fund read with the addenda issued thereunder.Date: January 7, 2008
The revised load structure will be applicable to all investments made on or after January 14, 2008. The AMC reserves the right to increase / decrease / introduce a Load at any time in future on a prospective basis. However, such increase / decrease / introduction would be subject to the limits prescribed under the regulations.
This addendum forms an integral part of the Offer Document issued for the scheme read with the addenda. All other features and terms and conditions of the scheme shall remain unchanged.Date: January 11, 2008
NOTICE IS HEREBY GIVEN THAT the load structure of following Schemes of Birla Sun Life Mutual Fund with effect from January 14, 2008 will be as under:1. Birla Income Plus:
2. Birla Sun Life Income Fund:
Type of Load
Entry Load
Exit Load
Existing
Nil
For Purchase / Switch in of Units, upto and including Rs. 10 lacs in value, an exit load of 0.60% is payable if units are redeemed / switched out within 180 days from the date of allotment. For Purchase / Switch in of Units, greater than Rs. 10 lacs in value, no exit load is payable.
Revised (w.e.f. January 14, 2008)
No Change
For Purchase / Switch in of Units, upto and including Rs. 1 crore in value, an exit load of 0.60% is payable if units are redeemed / switched out within 180 days from the date of allotment. For Purchase / Switch in of Units, greater than Rs. 1 crore in value, no exit load is payable.
Type of Load
Entry Load
Exit Load
Existing
Nil
For Purchase / Switch in of Units, upto and including Rs. 10 lacs in value, an exit load of 0.60% is payable if units are redeemed / switched out within 180 days from the date of allotment. For Purchase / Switch in of Units, greater than Rs. 10 lacs in value, no exit load is payable.
Revised (w.e.f. January 14, 2008)
No Change
For Purchase / Switch in of Units, upto and including Rs. 1 crore in value, an exit load of 1.00% is payable if units are redeemed / switched out within 365 days from the date of allotment. For Purchase / Switch in of Units, greater than Rs. 1 crore in value, no exit load is payable.
Notice of Extension of Birla Sun Life Quarterly Interval Fund – Series 7Notice is hereby given that the closing date for the New Fund Offer of Birla Sun Life Quarterly Interval Fund – Series 7, an interval income scheme has been extended by 5 days upto January 28, 2008. Subscriptions for New Fund Offer of the Birla Sun Life Quarterly Interval Fund – Series 7 would be accepted till the close of business hours on January 28, 2008. Accordingly, the New Fund Offer of Birla Sun Life Quarterly Interval Fund – Series 7 is open for subscription from January 22, 2008 to January 28, 2008.
All other terms and conditions of the scheme remain unchanged.Date: January 22, 2008
ADDENDUM TO THE OFFER DOCUMENTAND KEY INFORMATION MEMORANDUM OF BIRLA SUN LIFE PURE VALUE FUNDCHANGE IN THE LIST OF COLLECTION CENTRES:CORPORATION BANK has been added as an additional Collection Bank for New Fund Offer of Birla Sun Life Pure Value Fund, an 3-year Closed-end Equity Scheme with an Automatic Conversion into an Open-Ended Scheme upon Maturity with effect from February 7, 2008. Investors are advised to take note of the following additions made to the List of Collection Centres [during New Fund Offer (NFO) period]:
Adoni :D. No. 18/641-8, Municipal Main Road, Adoni – 518301 Adoor:Ground Floor, Kandathil House, M C Road, Adoor. Agra:6/336, I Floor Sita Ram Market Belanganj, Agra - 282004. Ahmedabad:Rangolee Cplx, Ashram R0ad, V S Hspt, Elllis Bridge, Ahemdabad - 380006. Ahmednagar:Anand Mangal Karyalaya, Sahakar Seva Gruha Road, Market Yard, Ahmednagar. Ajmer:235/4, Bambewali Kothi, Jaipur Road, Ajmer, Ajmer - 305001. Akola:Shivdwar Complex, LRT College Road, Civil Lines Square, Akola. Aligarh:S.V.Plaza, Marris Road, Tikaram Mandir Marg, Aligarh - 202001. Allahabad:69, Johnston Ganj, Allahabad - 211003. Alleppy:A A T T D Bldg, Opp T D Medical Colg Hospital, P.B.No.4205, Alappuzha - 688011. Alwar:Ground Floor, LIC Of India Building, Moti Doongri Road, Alwar - 301001 Ambala:11 E/1/7440 Bada Thakurdwara, Urban Estate, Opp Sector-7, Ambala - 134002. Amravati:Gulshan Point, Near Hotel Dayanand, Rajapeth Circle, Badnera Road, Amravathi - 444601. Amritsar:No 8, Lawrence Road, Amritsar - 143001. Anand:No.1, Jhulelal Shopping Complex, Amul Dairy Road, Anand - 388001. Ananthapur:11/169, Subhash Road, Anantapur - 515001. Angamaly:Ward 5/422/Z, St. George Complex, Angamaly - 683572. Ankola:Karwar Road, Ankola-581314, Karnataka. Asansol :LIC Of India, Div.off., Jeevan Prakash, West End, G.T.Rd, Asansol - 713304. Athani:Sy.No.CTS-4390 B, Ward No.19, Near Shivayogi Circle, Main Road, Atahni - 591304. Aurangabad:Opp.Akashvani, S.No.33, Jalna Road, Aurangabad - 431 001. Baddi :Gullarwala, Opp-Aurobindo Public School, Sai Road, Dist Solan, Baddi - 173205. Bagalkot:B.V.V.S Complex, College Road, Bagalkot - 587101. Bahadurgarh:Ram Bhawan, Rohtak Road, Charan Singh Mkt, Bahadurgarh - 124507. Banga:Opp.Rai Filling Station, (Petol Pump), Main Road, Banga 144505. Bangalore:Andhra Prabha Bldg 1, Queens Road, Bangalore - 560001. Bardoli:I Floor, Shivaram Chambers, Saradar Baugh, Stn Rd, Bardoli - 394602. Bareily:1st.fl, BDA Shopping Complex, Group B, Priyadarshini Nagar, Bareilly - 243001. Belgaum:3445/IB, Parvati Complex, Samadevi Galli, Belgaum - 590002. Bellary:Ist Floor, Raghava Krishna Complex, K.C.Road, P.B.No.20, Bellary - 583101. Berhampur:S.No.70, K.V.R. Plaza, Giri Road(Near Geeta Bhavan), Berhampur - 760 005. Bhadravathi:B.H.Road, P.B.No .302, Bhadravati - 577303. Bhatinda:Bank St, Old Satta Bazar, Bhatinda - 151001. Bhatkal:Musba Bldg., Main Road, P.B.No.25, Bhatkal - 581230. Bhavanagar:Gopi Arcad, Block No.12, Waghawadi Road, Opp. Taktashwar P. O., Bhavnagar - 364002. Bhilainagar:A-9, A-10, Veer Savarkar Market, Opp. Teen Darshan Mandir, Ge Rd, Supela, Bhilainagar - 490023. Bhimavaram:P. B. No. 6, J.P. Road, Bhimavaram - 534202. Bhiwadi:LIC Of India Building, Tizara Road, Bhiwadi, Dist- Alwar. Bhiwani:No.227, Vijayanagar, Hansi Rd, Bhiwani - 127 021. Bhopal:Plot 181, Zone II, M.P.Nagar, Bhopal - 462011. Bhubaneshwar:Flat No.121 & 122, 'Karvel Nagar, Stn.Sq. Bhubaneswar - 751001. Bhuj:Opp.New District Hopsital, Lotus Colony, Bhuj - 370001. Bidar:9-2-3, 485, Stn. Rd, Near Ambedkar Chowrasta, Bidar - 585401. Bijapur:Nehru Road, P.B.No.59, Bijapur - 586101. Bikaner:LIC Of India, Branch Office-II, 266, Sadulganj, Bikaner - 334001. Bilaspur:LIC Of India Jeevan Jyothi, Ist Floor, Magarpur Road, Bilaspur - 495001. Bodipathy:2-95 A, Dhali Road, Bodipatty, Udumalpet. Bulandshahr:238, Kothiyat Civil Lines, Opp. Old Dist Jail, Harihar Press Compound, Bulandshahr - 247554. Byadagi:Ground Floor, CTS No-251, Main Road, Byadgi - 581106. Cambay:1198/B/2, Station Rd, P.B.No.60, Cambay - 388620. Chandigarh:S C No. 137 - 138, Sector No. 5 C, Madhya Marg, Chandigarh -160018 Channarayapatna:Ground Floor, Gururaj Complex, Near Balaji Theatre, B. M. Road , Karnataka- 573116. Chennai:G.F. No.27, Arul Manai, Whites Road, Chennai, 600014. Cherukule :House 616, Ward III, Cherukule-690104, Dist. Allepy. Chikmagalur:1044, Mahatma Gandhi Road, Chikmagalur - 577101 Chirala:D No13-7-31, Polimera Road, Chirala - 523155. Chitradurga:Dummi Complex 38. V.block, B.D.Road, Chitradurga - 577501. Chittoor:11-458, I Floor, P.B.No.40, Old Taluk Kacheri Street, Chittoor - 517001. Coimbatore:1604, Trichy Road, Coimbatore - 641018. Coonoor:88-89, Seems Park Rd, Gray's Hill., Coonoor - 643101. Cuttack:1st Flr.of Holding No.512/A, Bajrakabati Rad, Cuttack - 753001. Dandeli:Inthru Complex, Near Bus Stand, J N Road, Dandeli - 581325. Darjeeling :Ground Floor, Yonzon Building, Ladenla. Davangere:626, I Floor, P.B.No.73, Mandipet, Davangere - 577001. Dehradun:Raj Plaza, 75, Rajpur Road, Dehradun - 248001. Delhi:N-72, 1st Floor, Bombay Life Building Connaught Circus, New Delhi - 110001. Deoband:Jai
Automobiles, G T Road, Mangal Chowki, Deoband - 247554. Dhanbad:Ground Floor, Hem Tower, Luby Circular Road, Dhanbad. Dhar:No.56, Silver Hills Colony, Near Tirmurti Chaurah, Dhar - 454001. Dharwad:Sujata Complex, P.B.No.22, Pune-Bangalore Road, Dharwad - 580001. Dindigal:I Flr, Jeeva Jothi Blg, Salai Rd, Dindigul - 624001. Dodaballapur:Hungi Complex, Main Road, Dodaballapur - 561203. Durgapur:Nachan Road, Benachity, Durgapur, West Bengal. Eluru:22B-13-19, Prasad Mansion, V.P.P.Rd, Powerpet, Eluru - 534002. Erode:278/279, Gandhiji Rd, P.B.No.29, Erode - 638001. Faridabad:I G 47 B P, N.I.T. opp Main Bus Stand, Faridabad - 121001. Faridkot :College Road, Near Hucki Chowk, Faridkot -151203. Ferozepur:Circular Road, Near PNB, Bagdadi Gate, Ferozepur -152001. Gadag:Sri Siddaling Shilpa, Pala Badami Rd, P.B.No.31, Gadag - 582101. Gandhidham:Dr. Talwars Bldg, Opp.shiv Regency, Gandhidham - 370201 Gandhinagar:241, GH-6 Rd, Sector-28, 79/6, Chhtype, Gandhinagar - 382028. Gangtok:6th Floor, Lakar Building, Arithang Road, N.H.31 A, Gangtok - 737101. Ghaziabad:116A, Navyug Market, Ghaziabad - 201001 Gokak:3191/D/4, GF Tuppad Bldg, Basaveshwar Circle, Gokak - 591307. Gondal:"Sapna" Panchayat Plot, Near Mongiba Girls High School, Gondal - 360311. Gorakhpur:Ibrahim Arcade Bldg, I Floor, Cinema Rd, Gorakhpur, P.O.Golghar - 273001. Gulbarga:104-105, Indradas Towers, Main Road, Super Mraket, Gulbarga - 585101. Guntur:D.No.24-3-92, 1st Flr., Behind Hindu College, G.T.Rd. Guntur-522003. Gurdaspur:Ground Floor, Hardochanni Road, Gurdaspur-143521. Gurgaon:SCF 87|88, Shoping Area, Sector 14, Gurgaon-122001. Guruvayur:R.V.Trade Centre, East Nada, Guruvayur- 680101. Guwahati:21, M L Nehru Road, Pan Bazr Guwahati. Gwalior:Senior House, Lashkar Road, Phalke Bazar, Gwalior-474001. Hardwar:LIC, Bo-I, Jeevan Jyothi, Ranipur More, Chandrachurya Chk, Haridwar-249401. Harihar:Poona-bangalore Road, Bharath Beedi Bldg, Harihar-577601. Hassan:Narasimaraja Circle, Holenarasipura Rd, P.B.No.1, Hassan- 573201. Haveri:Shanthesh Bldg, J.P.Road, P.B.No.14, Haveri- 581110. Hindupur:Gupta Mansions, Ist Floor, 7-7-71, Sri Vasai Dharmasala Road, Hindupur-515201. Hissar:63-P, Commercial UE-I, Red Square Market, LIC Building Road, Hissar-125001. Honnavar:Above Sri Ram Mandir, Bazar Road, Honnavar-581334. Hoshiarpur:Court Road, Hoshiarpur-146001. Hospet :Gr.Flr.Sri Sai Dham Complex, T.B.Dam Road, Ward 31, Hospet - 583201. Hosur:560/IC, Yashoda Mahal, Bye-Pass Rd, Hosur- 635109. Hubli:2538, D Block, I Floor; USA Towers, Coen Road, Hubli -580028. Hyderabad :5-9-112, I Flr, Opp. Public Garden, S Gate No.1, Nampally, Hyderabad- 500001. Indore:63 M G Road, Mahavir Empire, Regal Square , Indore- 451001 Jabalpur:Gr.Fl., Gurusing Sabha Bldg, Civic Centre, Marhatal, Jabalpur- 482002. Jaipur:Nawab Saheb Ki Haveli, Tripolia Bazar, Jaipur-302002. Jallandhar:Guru Teg Bahadur Nagar, Jalandhar- 144003. Jamkhandi:Popular Complex, Uma Rameshwar Road, 6, Jamkhandi- 587301. Jammu:OB-24, Rail Head Comml. Complex, Panama Chowk, Jammu- 180006. Jamnagar:Shop No.27 To 36, Gr.Flr., Manek Centre, Nehru Marg, Jamnagar-361001. Jamshedpur:487, Kasidih Sakchi, Jamshedpur- 831001. Jhansi:Near Kapoor Nursing Home, Allahabad Bank Road, Elite Chowk, Jhansi-284 001. Jodhpur:Gullab Bhavan, Chopasni Road, Jalori Gate, Jodhpur- 342003. Kanhangad:W-VI/530-G, G.Floor, Upendra Mahal, Main Rd, P.B.No.26, Kanhangad-671315. Kannur (cannanore):CC-390/F, Sree Prakash', Bank Rd, Camp Bazar, P.B.No.22, Cannur- 670001. Kanpur:1680 - D Civil Lines, Behind RBI, Kanpur-208001. Kapurtala:Jalandhar Rd, Kapurthala- 144601. Karaikal:D.No.71/A, Bharathiar Street, Karaikal- 609602. Karimnagar :G.F.D.No.2-10-1086, Jyothi Nagar, St.john's School Rd, Karimnagar-505002. Karkala:Main Road, P.B.No.16, Salmar, Karkala-574104. Karnal:Mehfil Bldg., G.T.Road, Opp.to Sil, Karnal, 132001. Karur:63, I Flr, 50 Ft Road, P.B.No.219, Ramakrishnapuram, Karur- 639001. Karwar:Radha Govind Complex, Kaikini Road, P.B.No.25, Karwar, 581301. Kasargod:D.No.KMC 11/1010/A, 1st Fl Dhanwanthari Centre, M G Road, Kasargod- 671121. Robersonpet :B M Road, Robersonpent, K.G.F-563122- Karnataka. Khammam:Ground Floor, 8-2-163, LIC Building, Wyra Road, Khammam-507001. Kishangargh :Plot No. 46-47, Industrial Area, Madanganj, Kishangarg-305801, Ajmer Dist. Kobra:Niharika Area, , Ghanta Ghar Chowk, Korba-495679. Kochi :XX VII/398B Radhakrishna Bldg, II Fl, Cloth Bazaar, Kochi- 682031. Kolar:Rahmania Complex, Ist Floor, Doddapet, Kolar-563101. Kolhapur:Laxmi Towers Ist Fl, 1426/28, C-Ward, Laxmipuri, Kolhapur-416 002. Kolkata Caps:Kankaria Court, 4th Floor, No.7, KYD Street, Kolkata- 700016. Kollam :Visalakshmi Mansion, Main Road, P.B.No.216, Kollam- 691001. Koppal:Jawahar Road, Ashoka Circle, Koppal-583231. Kota:390 Shopping Centre, Ghorawala Baba Chauraha, Kota- 324007. Kottarakara:K.P.11\991, Tharakans Bldg G.fl, M C Rd, Kottarakkara- 691531. Kottayam:Valayil Building, Sasthri Road, Kottayam- 686001. Kozhikode :Corporation Bk Bldg, Cherooty Rd, P.B.No.1131, Kozicode- 673032. Kumbakonam:85 A, Sarangapani East Street, Kumbakonam-612001. Kumta:Old Post Office Rd, P.B.No.18, Kumta. Kundapur:Guruprasad, Main Road, 11, Coondapur-576201. Kunnamkullam:Ward XVI/236h, Gr.flr.jobs Shopping Complex, Wadakkanncherry Rd, P.B. No.33., Kunnamkulam- 680503. Kurukshetra:Ground Floor, Pehwa Road, Near Ambedkar Chowk, Kurukshetra. Kushalnagar:Kodagu Towers, B.M.Road, P.B.No.5, Kushalnagar- 571234. Lucknow:5, Park Road, Opp. Civil Hospital, Near Om Pharma, Lucknow - 226001. Ludhiana:SCO-34, Pakhotwal Rd, Feroz Gandhi Mkt, Ludhiana- 141001. Madikeri:College Road, PB.No.21, Madikeri(mercara)-571201. Madurai:49, Ist Floor, West Masi Street, P B No.-236, Madurai. Malout:Old Malwa Ice Factory, G.T.Road, Malout-152 107. Mandya:1751, "Kalyani" K.R. Road, Vidyanagar, Mandya-571401. Mangalore Service Branch:Corporation Bank House, Car Street, Mangalore- 575001. Mansa:Water Works Road, Mansa-151505. Mapuca :St. Jerome's Church Complex, Mapusa- 403507. Margao:Dr. Antonio Dias Bldg, Near Municipality, P.B.No.188, Margao-403601. Masulipatnam:11/572, Robertsonpet, Machilipatnam- 521001. Meerut:Olympic Chambers, 208, Begum Bridge Rd, Opp. PNB, Meerut- 250001. Mehsana:1990/158P, Mal Godown Road, Near Telephone Exchange, Mehsana -384002. Mettupalayam:279-280, Ooty Main Rd, P.O.2, Mettupalayam-641 301. Moga: LIC of India, Jeevan Jyothi, Grd.Flr, G.T.Road, Moga- 142001. Moodbidri:Vasudeva Complex, Opp. Police Stn, Main Rd. Moodabidri- 574227. Moradabad:Hall 1-4, Ekta Dwar MDA Comm. Compl., Civil Lines, Moradabad- 244001. Mudhol :New Girl High School Building, M G Road, Mudhol, Karnataka. Mulky:Punaroor Bldg, I Flr, NH-17, Near Bustand, Mulki- 574154. Mumbai :409-412 Dalamal Towers 4th Fl, Nariman Point, Mumbai- 400021. Muzaffarnagar:LIC Of India, Branch Office Bldg, Ansari Road, Muzaffarnagar- 251002. Mysore:G.Floor, D.No.l-351, Ashok Road, Mysore-570001. Nadiad:Contractor Bldg, I Floor, Ghodia Bazar, Station Road, Nadiad-387001. Nagercoil:Door No.1382/794, Ground Floor, College Road, Nagercoil-629001. Nagpur:Parvana Memorial Building, 44 SVP Marg, (Kindgsway), Nagpur-440001. Namakkal:14, Paramathi Road, P.B.No.32, Namakkal- 637001. Nanded:VIP Road, Neat ITI Circle, Visanga, Nanded-431602. Nasik:LIC Building, Gole Colony, Nasik-422001. Navasari:Paradise Tower, Station Rd, Opp. Civil Hospital, Navsari- 396445. Nellore:15/196, Goturivari St, Brindavanam, P.O.No 22, Nellore- 524001. Nipani:Nemichand Niwas, I St Floor,66, Ashok Nagar, Nipani- 591237. Nizamabad:5-5-80, Ist Floor, Khaleelwadi, Nizamabab, A.P- 503001. Palakkad (palghat):11/1447, Market Road, P.B.No.315, Palakkad- 678014. Pallipalayam:56-F, Priya Complex, P.B.No.1 Brdige Road, Pallipalayam- 638006. Panipat:Ist Fl, Near Regency Hotel, Fabrics Building, G.T.Road, Panipat- 132103. Panjim:Opp. Municipal Gardens, Dr. Atmaram Borkar Rd, Panjim- 403001. Patan:Govindji Complex, Station Road, Patan- 384265. Pathanamthitta:I Flr,Tellireth Chamber, 81, Pathanamthitta, Kozhencherry- 689645. Patiala:SCF 40-41, Gr. Floor, Leela Bhavan Market, Patiala- 147001. Patna:Opp. RepubLIC Hotel, Exhibition Road, Patna- 800001. Phagwara:Ujager Centre, SCF 101-102, Guru Hargobind Nagar, Phagwara- 144401. Pilbhit:Station Road, Near Chhatari Chauraha, Pilibhit- 262001. Pollachi:PB.'50, ASP Complex, Venkatramana Road, Pollach- ,642001. Pondichery:R S 12/2, 100 Feet Road,17, Natesan Nagar, Padupalayam, Pondicherry-605005. Porbandar:"Devi Kripa" Kedareshwar Road, P.B.No.57, Porbandar-360575. Proddatur:22/269/1, Sundaracharlu Street, Opp B G R Complex, Proddatur. Pune :H.2406, Gen.Thimmayya Rd, East Street Camp, Pune- 411011. Pune- Chinchwad:E Type, C Building, Flat No 4, Pimpri Chinchwad, Pune- 411019. Puttur:Sri Nagesh, P.B.No-13, H 259 Bolwar, Puttur- 574201. Raichur:11-9-28, Brestwarpet, P.B.No.5, Raichur- 584101. Raigarh:Ambikapur Rd, Dhimrapur Chowk, Raigarh-496 001. Raipur:I Floor, Navabharath Press Complex, PB.No117, Rajbandha Maindan, Great Eastern Road, Raipur-492001. Rajahmundry:8-24-27,Main Road, V Ullithota Street, Rajahmundry-533101. Rajkot:"Nijanad", Dhebar Road, P.B No.556, Rajkot- 360002. Rajpura:99A, LIC Of India, Jeevan Jyothi Bldg, Gurunank Colony, Rajpura(Patiala). Ranchi:50.H.B.Rd, Tharpakhana, Ranchi- 834001. Ranebennur:LPM Complex, M. G. Circle, Near Head Office, P.B.No.11, Ranebennur-581115. Ratnagiri:2 D Wing, 1st Floor, Javkar Plaza, Jai Stambh, Main Rd, Ratnagiri-415 612. Revari:Tourist Complex, Circular Road, Naiwala Chowk, Rewari- 123401. Rohtak:SCF, 13&14 Huda Commercial Complex, Civil Road, Rohtak- 124001. Rourkela:H.751 Ground Floor, Old Station Road, Raurkela- 769001. Sagar :J C Road, Dist-Shimoga, Sagar-577401. Saharanpur:Plot 5-6, Opp. Shagun Palace, Delhi Road, Saharanpur- 247001. Sakleshpur:B M Road, Shakleshpur, Dist. Hassan, Karnataka-573134. Salem:Divya Towers I Floor, 49-57, Fort Main Rd, Salem-636 012. Samana:Near Baburam Petrol Pump, Main Road, Samana, Patiala Dist. Sangli:Sangli Miraj Road, R S No.322, Plot C&D, Near Tata Petrol Pump, Sangli-416416. Satara:Jeevan Tara, Ganpatdas, Devi Path, 513 Sadar Bazar, Dist-Satara, Satara-415001. Satna:Rewa Road, Near Samaria Chowk, Satna-485001. Shahabad:Opp. Khalsa Sarbat Bhawan, Devi Mandir Road, Shahabad, Dist- Kurukshetra, Haryana. Shamli:Dhimanpura, Dist Muzaffarnagar, Shamli-247776. Shillong:Kesamon House, First Floor, Laitumkhrah, Main Road, Shillong-793003 Shimoga:M.G.building, B.H.Road, P.B.No.22, Shimoga-577201. Sholapur:151/2, Lakshmi Niwas, Near Kanna Chw, Solapur-413005. Siliguri:Geetanjali Complex, Ward 43, Holding 801/N, Sevoke Rd, Siliguri - 734401. Simla:Shop-228-232 Block-23 Com.Cplx., Kasumpti Z Centre, Shimla- 171009. Sirsa:Opp Model School, New Mandi Road, Sirsa-125005. Sirsi:Balaji Building , Yellapur Road, Hospital Circle, Sirsi-581 402. Solan:The Mall, Opp SBI, Mall Road, Solan, H.P-173212. Sri Ganganagar:13-D Block, Near Gandhi Park, Sriganganagar , Ganganagar- 335001. Srikakulam:7-3-18, Ramalaxman Junction, Srikakkulam, A.P.-532001. Sullia:Rajaram Bldg, Main Road, Sullia- 574239. Surat:New Sai Bhavan, Machalipeth, Shahpore, Surat-395003. Surendranagar:Vijaya Plaza, Near N P Shah Arts And Science College, Wadhwan Road, Surendra Nagar, Gujrat-363002. Tadambail:D.6-98A, K S Towers, Suratkal-574158, Tadambail Village, Mangalore (Taluka). Tanuku:23-117, NSC Bose Road, Tanuku-534211, West Godavari, Dist-A.P Tenali:16-2-8, Salipet, Bose Road, Tenali- 522201. Thalassery:19/79 F, Aneez Palace, AVK Nair Road, P.B.No. Thalassery- 670101. Thana:Jayashree Bldg, Ambedkar Chowk, Gokhale Rd, Naupada, H23, Thana-400062. Thanjavur:1754, Ganesh Complex, P.B.No.1, Manogiappa St, Thanjavur- 613009. Thiruchirapalli:Shree Complex,18, Madurai Road, P.B.494, Tiruchirapalli- 620008. Thiruvananthapuram:25/298(1), Govt, Press Road, P.B.No.131, Thiruvananthapuram-695001. Tiptur:Gr.flr, Near Indian Oil Petrol Pump, B.H.Road, N.H.206, Tiptur - 572201. Tirunelveli:Hotel Blue Star Bldg.33, Madurai Road, P.B.No.73, Tirunelveli- 627001. Tirupathi:AGK Building,37, Gandhi Road, Dist-Chittoor,Trupathi, A.P.-517501. Tiruppur:1, Mangalam Rd, 418, Tiruppur-641604. Tirur:TPCCMS Building, P.B.No.74, Thazhepalam, Tirur- 676101. Trichur:XXVIII/72/2,I Floor, Perinchery's Bldg, Round North, P.B.No.34, Thrissur- 680001. Tuni:D.8-11-11, Bellapu Street,Tuni, Tuni- 533401. Turbe-vashi:Central Facility Bldg-1, Phase I,P.M.complex, New Bombay- 400705. Tuticorin:Ground Floor, 51, Beach Road, Tuticorin- 628001. Udaipur:Shop Nos.16-17-18, Nagarapalika Link Road, Town Hall, Udaipur - 313001. Udupi:Corporation Bk. Bldg.,15, Udupi- 576101. Ujjain:LIC Of India - Ujjain, 18 LIC Building, Bharathpuri, Ujjain - 456010. Unjha:D.No.9-14-0506, Opp. Poonam Complex, Near Radhakrishna Mandir, Station Road, Unjha. Vadodara:Pratik Chambers, Main Road, Dandia Bazar, Vadodara- 390001. Varamballi:T.N.complex,1st Floor, Near Akashavani Circle, N.H.17, Varamballi, P.O.Brahmavar, Udupi- 576213. Varanasi:D-48/126,I Floor, Girijaghar, Godowlia, P.B.No.1009, Varanashi- 221001. Vasco-da-gama:Raghunath Apts, Francisco Luis Gomes Rd, P.B.No.86, Mormugao-403802. Vellore:Camp Bell Home, Officers Line, P.B.No.405, Vellore-632004. Vengikal:181/B, Vellore Trunk Rd, Vengikkal, Thiruvannamalai- 606604. Vijayawada:D No. 27-33-2, Gudavallivari St, Shivani Towers, Governorpet, Vijaywada-520001. Villupuram:No 6, Pandit Jawaharlal Nehru Rd, Villupuram- 605602. Visakapatnam:Pawan Towers, 48-9-19, 1st Lane, Dwarka Nagar, Vishakapatnam-530016. Vizianagaram:8-1-180, 1 Fl, Daba Gardens, M.G. Rd, Vizianagaram, Vizianagaram. Wardha :Murlidham, Indira Market Road, Opp Dr. Jangles Dispensery, Wardha, Maharshtra-442001. Warrangal:8-9-95, J.P.N.Road, Warangal-506002. Yamunanagar:Jagadhri Road, Near Telephone Exg, Yamuna Nagar-135001. Bantwal:Main Road Bantbal, Dist. South Canara- 574 211. Cuddapah:Opp. Clock Tower , 19/1 - A , Madras Road , Cuddapah- 516001. Jalgaon:Aditya Chambers , Ground Floor , 201, Navipet , Opp. Mahanagarpalika , Jalgaon - 425001. Jalpaiguri:Ground Floor, Ukilpara , Kadamtala , Mainroad , Jalpaigudi - 735101. Kadi:Sarvavidyalaya Campus , Kadi Kalyanpur Mdr Road , Kadi -382715 Dist. Mehsana. Kakinada:27-9-52 , Savitri Mansions , Pulvarthivari Street , Kakainada -533001 , Dist. East Godawari -A.P. Kandukur:Opp. Rtc Busstop Kanigiri Road , Kandukur-523105. Kurnool:40/326 , 1st Floor, Brp Complex , Park Road , Dist. Kurnool- 518001. Moodbidri:Doctor Alva's Healthcentre Complex , Menezes Compound , Near Busstand , Moodbidri - 574227. Moradabad:Ekta Dwar , Mda Commercial Complex, Civil Lines , Moradabad - 244001. Mudhol:New Girls High School Building , M.G.Road , Mudhol -587313. Muzaffarpur :211/38 , Kachisarai Road , Near Amar Talkies , Mujaffarpur - 842002. Ongole:23-1-7 , Court Centre Gandhi Road , Ongole Dist. Prakasham -- 523001 . Ponda:Govindsmriti , Santhinagar Road , Ponda -403401. Tumkur:M.G. Road , Karnataka , Tumkur- 572101.
All other terms & conditions of the Scheme will remain unchanged.This addendum forms an integral part of the Offer Document / Key Information Memorandum of Birla Sun Life Pure Value Fund as amended from time to time.Date: February 7, 2008
Addendum to the Offer Documents of All Schemes of Birla Sun Life Mutual FundFurther to the Notice-cum-Addendum dated January 3, 2008 issued pursuant to SEBI Circular No. SEBI/IMD/ CIR No.10/112153/07 dated December 31, 2007 regarding waiver of entry load for Direct applications (where applications are not routed through any distributor/agent/broker) investors are advised to take note of the following further procedure for submission of 'Direct' applications in order to ensure that no entry load is charged on Direct Applications:1. Investors should ensure to write the word 'DIRECT' in the column 'ARN No' or 'Broker Code' in their applications for purchases/additional purchases/switches/fresh Systematic Investment Plans (SIP)/ fresh Systematic Transfer Plans (STP) in all such cases where applications are not routed through any distributor/agent/broker. 2. In cases where unit holder uses a pre-printed transaction slip/application form where details in the 'ARN No' or 'Broker Code' column is already printed, unit holder should cancel the ARN No/ Broker Code, write 'DIRECT' in the said column. It should also be counter signed by the unit holder/ all joint holder(s). 3. Transactions slips/application forms where the column under 'ARN No or 'Broker Code' is provided, has to be filled by the unit holder as 'DIRECT' for processing the same as Direct applications.Investors can submit their applications for purchases /additional purchases/ switches/fresh SIP/ fresh STP at any of the Official Point(s) of Acceptance of Birla Sun Life Mutual Fund. The list of Official Point(s) of Acceptance is available on the website of Birla Sun Life Mutual Fund (www.birlasunlife.com).All other terms & conditions of the Schemes will remain unchanged. This addendum forms an integral part of the Offer Document of the Schemes read with the addenda.Date: Feb 15, 2008
Addendum to the Offer Document of Birla Sun Life Special Situations FundThe following changes will be effected in the Offer Document (OD) and Key Information Memorandum (KIM) of Birla Sun Life Special Situations Fund (an Open ended diversified equity scheme):(A) Pursuant to SEBI Circular No. SEBI/IMD/ CIR No.10/112153/07 dated December 31, 2007 regarding waiver of entry load for Direct applications (where applications are not routed through any distributor/agent/broker) the load structure of Birla Sun Life Special Situations Fund is modified as under:No Entry Load shall be charged for Direct Applications for fresh purchases / additional purchases / switch in of units / fresh Systematic
A p r i l 2 0 0 8
46
Addendums
The revised load structure will be applicable to all investments made on or after February 20, 2008. The AMC reserves the right to increase / decrease / introduce a Load at any time in future on a prospective basis. However, such increase / decrease / introduction would be subject to the limits prescribed under the regulations.This addendum forms an integral part of the Offer Document issued for the scheme read with the addenda. All other features and terms and conditions of the scheme shall remain unchanged.Date: Feb 18, 2008
NOTICE IS HEREBY GIVEN THAT the load structure of Birla Sun Life Liquid Plus, an open ended short term income scheme with effect from February 20, 2008 will be as under:
Type of Load Existing Revised (w.e.f. February 20, 2008)
Entry Load Nil No Change
Exit Load For redemption / switch out of units within seven days from the date of allotment : 0.10% Nil
Addendum to the Offer Document of all the Schemes of Birla Sun Life Mutual Fund (Including New Fund Offer of Birla Sun Life Pure Value Fund)
Change in Key Personnel:Mr. Mukul Gupta resigned as Chief Executive Officer of Birla Sun Life Asset Management Company Limited (‘BSLAMC’) w.e.f. February 18, 2008. In his place, Mr. Anil Kumar has been appointed as the Chief Executive Officer of BSLAMC. Brief profile of Mr. Anil Kumar is as under:
The details of Mr. Mukul Gupta as Chief Executive Officer be read as deleted from the Offer Document of all the schemes of Birla Sun Life Mutual Fund (including New Fund Offer of Birla Sun Life Pure Value Fund).This Addendum forms an integral part of the Offer Document of all the schemes of Birla Sun Life Mutual Fund (including New Fund Offer of Birla Sun Life Pure Value Fund) read with the addenda issued thereunder.Date: February 28, 2008
Age (years) Qualifications Functions & Experience
42 B.Tech.(Mechanical
Engineering), PGDM (MBA)-
IIM, Ahmedabad
Mr. Anil Kumar has a rich and varied experience of over 16 years in the Banking and Financial Services sector. He possess an in-depth understanding of the Private Client & Wealth Management Business, Liabilities, Credit Cards, Consumer Loans and other major business lines in Retail Banking. Having worked in various disciplines including Sales & Distribution, Marketing, Product and Business Management, experience of Mr. Kumar consists of- Citibank NA (1991-2007) • Citibank NRI Business (2000-2007)
wGlobal Head – NRI, London (UK) As business head, was instrumental in strengthening NRI business globally and responsible for development of overall business management comprising of Financials, Strategic Cost Initiatives, People, Client franchise and Risk Management.
wArea Director, Middle East, Dubai (UAE)He was pivotal in development of overall business, enhancing range of investment and wealth management products, scale-up of distribution, productivity and overall size of Middle East business.
• Citibank India Business (1991-1999)For the period- 1997-1999, he was the National Sales Head- Auto Loans. Previously, he had also handled the Credit card business during the period 1991-1997.
Addendum to the Offer Document of all the Schemes of Birla Sun Life Mutual Fund (including New Fund Offer of Birla Sun Life Pure Value Fund)
Changes in Key Personnel of Birla Sun Life Asset Management Company Ltd. (BSLAMC) (‘Investment Manager for Birla Sun Life Mutual Fund’):(A) Appointment of new Key Personnel of BSLAMC:(I) Mr. Ashok Suvarna is the new Chief Operations Officer. (ii) Ms. Molly Kapoor is the new Head- Customer Service in place of Ms. Rekha Naidu. (iii) Mr. Kalpen Parekh is the new Co-head, Retail Sales (South and West) and (iv) Mr. Navin Tewari is the new Co-head, Retail Sales (North and East). A brief profile of all the above Key Personnel is given below:
(B) Changes in profile of Key Personnel of BSLAMC:(i) Mr. Manoj Nagpal, Vice President (Sales)- Banks and National Distributors is functioning in a new role as Head- Marketing, Brand and
Public Relations.(ii) Mr. Swarup Mohanty, Vice President (Sales)- Independent Financial Advisors (IFA) Sales is functioning in a new role as Head-
Business Development.© Mr. Sanjay Parikh, Chief Financial Officer has ceased to be part of Birla Sun Life Asset Management Company Ltd w.e.f. Feb 23, 2008. All references made to Mr. Sanjay Parikh and Ms. Rekha Naidu in the Offer Document(s) of schemes of Birla Sun Life Mutual Fund (including New Fund Offer of Birla Sun Life Pure Value Fund) be read as deleted.This Addendum forms an integral part of the Offer Document of all the schemes of Birla Sun Life Mutual Fund (including New Fund Offer of Birla Sun Life Pure Value Fund) read with the addenda issued thereunder.Date: February 28, 2008
C.A., B.Com
Age(years)
Name Educational Qualification
No. of Years of Experience
Type and Nature of Past Experience
Mr. Ashok Suvarna
36 MBA (Finance), B.Com
15 years Has over 15 years of experience in Mutual Fund Operations. Prior to joining BSLAMC worked with ICICI Prudential AMC Ltd as Head- Operations. He also worked with SBI Funds Management Limited handling Operations.
Ms. Molly Kapoor
32 M.A. (Economics), PGDBM- NMIMS,
Mumbai
10 years Has over 7 years of experience in the Mutual Fund Industry. Prior to joining BSLAMC, worked with ICICI Prudential AMC Ltd in Customer Service and Operations. She also worked with Karvy Consultancy handling Customer Service for BSLAMC.
Mr. Kalpen Parekh
34 MMS (Finance), BE Chemical
10 years Has over 9 years of experience in Retail Sales & Distribution. Prior to joining BSLAMC worked with ICICI Prudential AMC Ltd as Jt-head Retail Sales & Distribution. He also worked with L&T Finance Limited as Dealer (Money Markets).
Mr. Navin Tewari
37 12 years Has over 12 years of experience in Retail Sales & Distribution. Prior to joining BSLAMC worked with ICICI Prudential AMC Ltd as Jt-head Retail Sales & Distribution. He also worked with Aviva Life Insurance Co. (I) Ltd. and Birla Sun Life Distribution Ltd.
Investment Plans (SIP) / fresh Systematic Transfer Plans (STP) submitted to Asset Management Company (AMC) at any of the Official Points of Acceptances, without quoting Distributor or Broker code, or Directly made through its website (www.birlasunlife.com). In view of the above, investors are advised to take note of the following procedure for submission of 'Direct' applications in order to ensure that no entry load is charged on Direct Applications: 1. Investors should ensure to write the word 'DIRECT' in the column 'ARN No' or 'Broker Code' in their applications for purchases/additional purchases/switches/fresh Systematic Investment Plans (SIP)/ fresh Systematic Transfer Plans (STP) in all such cases where applications are not routed through any distributor/agent/broker. 2. In cases where unit holder uses a pre-printed transaction slip/application form where details in the 'ARN No' or 'Broker Code' column is already printed, unit holder should cancel the ARN No/ Broker Code, write 'DIRECT' in the said column. It should also be counter signed by the unit holder/ all joint holder(s). 3.Transactions slips/application forms where the column under 'ARN No' or 'Broker Code' is provided has to be filled by the unit holder as 'DIRECT' for processing the same as Direct applications.Investors can submit their applications for purchases /additional purchases/ switches/fresh Systematic Investment Plans (SIP)/ fresh Systematic Transfer Plans (STP) at any of the Official Point(s) of Acceptance of Birla Sun Life Mutual Fund. The list of Official Point(s) of Acceptance is available on the website of Birla Sun Life Mutual Fund (www.birlasunlife.com).(B) The following changes are effected on the load structure mentioned in page no. 56 under chapter- “IV. Load, Fees and Expenses” - “Section B. I. Load Structure” and the para in the KIM on load structure: Exit load applicable for Purchase/Switch in of units of Rs. 5 crores and above be read as Nil. The same shall be applicable to all the units issued under the Scheme.The AMC reserves the right to increase/decrease/introduce a load at any time in future on a prospective basis subject to the limits prescribed under the SEBI (Mutual Funds) Regulations, 1996.All other terms & conditions of the Scheme will remain unchanged.This addendum forms an integral part of the Offer Document of the Scheme read with the addenda.Date: Feb 15, 08
Addendum to all the Offer Document(s) of Scheme(s) of Birla Sun Life Mutual FundMr. Manoj Nagpal, Head – Marketing, Brand and Public Relations, has resigned from Birla Sun Life Asset Management Company Ltd. In view of the same, all the references to Mr. Manoj Nagpal be read as deleted from the Offer Document(s) of the Scheme(s) of Birla Sun Life Mutual Fund.All other terms & conditions of the Scheme(s) will remain unchanged.This Addendum forms an integral part of the Offer Document(s) of the respective Scheme(s) of Birla Sun Life Mutual Fund read with the addenda issued thereunder.Date: Mar 06, 08
Addendum to all the Offer Document(s) of Scheme(s) of Birla Sun Life Mutual FundMr. Swarup Anand Mohanty, Head- Business Development, has resigned from Birla Sun Life Asset Management Company Ltd. In view of the same, all the references to Mr. Swarup Anand Mohanty be read as deleted from the Offer Document(s) of the Scheme(s) of Birla Sun Life Mutual Fund.All other terms & conditions of the Scheme(s) will remain unchanged.This Addendum forms an integral part of the Offer Document(s) of the respective Scheme(s) of Birla Sun Life Mutual Fund read with the addenda issued thereunder.Date: March 12, 2008
NOTICE IS HEREBY GIVEN THAT with effect from March 10, 2008, the load structure of Birla Income Plus, an open ended income scheme will be as under :
The revised load structure will be applicable to all investments made on or after March 10, 2008. The AMC reserves the right to increase / decrease / introduce a Load at any time in future on a prospective basis. However, such increase / decrease / introduction would be subject to the limits prescribed under the regulations.This addendum forms an integral part of the Offer Document issued for the scheme read with the addenda. All other features and terms and conditions of the scheme shall remain unchanged.Date: March 09, 2008
Type of Load Existing Revised (w.e.f. March 10, 2008)
Entry Load Nil No Change
Exit Load For Purchase / Switch in of Units, upto and including Rs. 1 crore in value, an exit load of 0.60% is payable if units are redeemed / switched out within 180 days from the date of allotment. For Purchase / Switch in of Units, greater than Rs. 1 crore in value, no exit load is payable.
For Purchase / Switch in of Units, upto and including Rs. 10 lacs in value, an exit load of 0.75% is payable if units are redeemed / switched out within 180 days from the date of allotment. For Purchase / Switch in of Units, greater than Rs. 10 lacs in value, no exit load is payable.
Addendum to the Offer Documents of schemes of Birla Sun Life Mutual FundChange in Key Personnel:Mr. Jignesh Shah, is designated as Fund Manager of Birla Sun Life Asset Management Company Ltd. A brief profile of Mr. Jignesh Shah is given below:
This Addendum forms an integral part of the Offer Document of all the Schemes of Birla Sun Life Mutual Fund read with the addenda issued thereunder.Date: Mar 14, 2008
Name Age Educational No. of Years Type and Nature of Past BusinessQualifications of Experience
Jignesh Shah 36 yrs C.F.A. 14 years Has experience in Equity Research and Equity Fund Management. Prior to joining BSLAMC, he worked with ICICI Prudential AMC, Reliance Capital Ltd., Four Dimension Securities, REFCO- Sify Securities & Nirmal Bang Securities.
ADDENDUM TO THE OFFER DOCUMENT OF BIRLA FIXED TERM PLAN- SERIES T & BIRLA FIXED TERM PLAN- SERIES U
Change in Exit LoadBirla Sun Life Asset Management Company Limited (‘Investment Manager for Birla Sun Life Mutual Fund’) in the interest of the Unitholders has decided to reduce the exit load of Birla Fixed Term Plan- Series T and Birla Fixed Term Plan- Series U, closed end income scheme(s) w.e.f. Monday, March 24, 2008. The revised exit load structure applicable to all repurchase/redemption applications made on or after Monday, March 24, 2008 will be as under:
This addendum forms an integral part of the Offer Document of the aforesaid Schemes read with the addenda. All other features and terms and conditions of the aforesaid Schemes shall remain unchanged.Date: Mar 19, 2008
Name of the Scheme Exit Load (for units repurchased/ redeemed) % of NAV
Birla Fixed Term Plan- Series T thon or after 368 day from the date of allotment (including maturity date) Nil
Birla Fixed Term Plan- Series U ndon or after 362 day from the date of allotment (including maturity date) Nil
Addendum to Offer Document(s)/ Key Information Memorandum cum Application Form(s) of all the Schemes of Birla Sun Life Mutual Fund
Investors/ Unitholders are advised to take note of the following changes made to the list of Official Points of Acceptance for Birla Sun Life Mutual Fund.Addition of new Official Points of Acceptance for Transactions in all the Schemes of Birla Sun Life Mutual Fund:Investor Service Centers - Computer Age Management Services Pvt. Ltd., Registrar & Transfer Agents:
This Addendum forms an integral part of the Offer Document(s) / Key Information Memorandum cum Application Form(s) of the scheme(s) of Birla Sun Life Mutual Fund read with the addenda issued there under.Date: Mar 19, 2008
State Address Effective Date
Madhya Pradesh 1st Floor, Shri Ram Market, Beside Hotel Pankaj, Birla Road, Satna – 485 001 March 20, 2008
Madhya Pradesh Opp. Somani Automobiles, Bhagwanganj, Sagar – 470 002 March 20, 2008
NOTICE IS HEREBY GIVEN THAT with effect from March 27, 2008, the load structure of Birla Dynamic Bond Fund, an open ended income scheme will be as under :
The revised load structure will be applicable to all investments made on or after March 27, 2008. The AMC reserves the right to increase / decrease / introduce a Load at any time in future on a prospective basis. However, such increase / decrease / introduction would be subject to the limits prescribed under the regulations.This addendum forms an integral part of the Offer Document issued for the scheme read with the addenda. All other features and terms and conditions of the scheme shall remain unchanged.Date: Mar 25, 08
Type of Load Existing Revised
Entry Load
Exit Load
Nil
Nil
No Change
For Units redeemed/ switched out within 30 days from the date of allotment- an exit load of 0.20% of applicable NAV.
NOTICE IS HEREBY GIVEN THAT with effect from April 3, 2008, the load structure of Savings 5 Plan offered under Birla MIP- II, an open-ended income scheme (Monthly income is not assured and is subject to availability of distributable surplus) will be as under:
The revised load structure will be applicable to all investments made on or after April 3, 2008. The AMC reserves the right to increase / decrease / introduce a Load at any time in future on a prospective basis. However, such increase / decrease / introduction would be subject to the limits prescribed under the regulations.This addendum forms an integral part of the Offer Document/Key Information Memorandum issued for the scheme read with the addenda. All other features and terms and conditions of the scheme shall remain unchanged.Date: April 01, 2008
Type of Load Existing Revised (w.e.f. April 3, 2008)
Entry Load*
Exit Load Nil No Change
For Purchase/Switch-in of units- an entry load of 2.25% of applicable NAV.Nil
*No Entry Load for Direct Applications.
Addendum to the Offer Document of Birla Sun Life Tax Relief ‘96 (An Open-ended Equity Linked Savings Scheme with a lock-in of 3 years)
Renaming of Existing Plan and Introduction of additional Plan:Birla Sun Life Asset Management Company Limited (BSLAMC) renames the existing Plan- ‘Growth’ as ‘Dividend’ offered under Birla Sun Life Tax Relief ‘96 (An Open Ended Equity Linked Savings Scheme (ELSS)) (‘the Scheme’) with effect from March 6, 2008. In view of the same, dividend payout facility offered under the Growth Plan is realigned to Dividend Plan. Further, BSLAMC introduces ‘Growth Plan’ as an additional plan under the Scheme with effect from March 6, 2008. All investments made in the respective plans offered under the Scheme are subject to a lock-in period of three years from the date of allotment. The key features of the said Plans are given below:
Name of the Plan Dividend Plan (with Payout, Re-investment facility) Growth Plan
Default Plan / Facility Dividend Plan / Payout facility
Offer Price Dividend PlanAt applicable NAV based prices.Growth PlanUnits of Rs.10/- each plus applicable entry load for cash at par for investors investing before the cut-off time on March 6, 2008 and at applicable NAV based prices plus applicable entry load thereafter.
Minimum App Amt Purchase (including switch-in): Rs. 500/-Additional Purchase (including switch-in): Rs. 500/-Repurchase: Nil
& Sweep
Load Structure Entry Load: For purchase/switch-in of units less than Rs. 5 crores in value : 2.25%For purchase/switch-in of units equal to or greater than Rs. 5 crores in value : NilDirect Applications: NilExit Load: Nil. The AMC reserves the right to increase/decrease/introduce a load at any time in future on a prospective basis.
Dividend Policy The scheme may declare dividends at the discretion of the Trustee, subject to the availability of distributable surplus.
Growth Plan Under this plan, no dividends will be declared. The income attributable to units under this plan will continue to remain invested and will be reflected in the NAV of the units under this plan.
Both the Plans offered under the Scheme will have the same investment objectives, investment pattern, portfolio, liquidity, expense ratio & other features. All other terms and conditions of the Scheme shall remain unchanged. This Addendum forms an integral part of the Offer Document of Birla Sun Life Tax Relief ‘96 read with the addenda issued thereunder.Date: March 01, 2008
Methodology of RankingA p r i l 2 0 0 8
#Value Research Ratings
@ ICRA – Ranking Methodology and Disclaimer
+ ICRA mfAAA and mfA1+ Rating Methodology for Birla Floating Rate (Short Term & Long Term) and Birla Cash Plus Respectively
* AAAf: CRISIL AAAf Rating Methodology for Birla Sun Life Liquid Plus, Birla Income Plus and Birla Sun Life Cash Manager, Birla Sun Life Income Fund
^^Crisil CPR – Ranking Methodology & Disclaimer
The Ratings are a Composite Measure of historical Risk-Adjusted Returns. For Equity and Hybrid Funds, Ratings for the two time periods (3 and 5 years) are combined to give a single assessment of each fund’s risk rating vis-à-vis other funds in the category. For Debt funds and Long & Medium-term Gilt funds, the Ratings are arrived at by combining the assessment for 2 time periods (18 months and 3 years), based on weekly risk-adjusted performance. For Short-term and Ultra Short-term debt funds and Short-term Gilt funds, the Ratings are based on 18-month weekly risk-adjusted performance, relative to the other funds in category. Entry/Exit Loads not considered.5-stars indicate that fund is in top 10% of its category. 4-stars indicate that fund is in next 22.5% of its category. Following is the number of schemes in each category: Equity Diversified (205), Equity: Index (24), Equity Tax Planning (30), Hybrid: Equity Oriented (32), Hybrid: Debt Oriented (30), Hybrid: Monthly Income (39), Debt: MT (51), Debt: ST (24), Debt: Ultra ST (52), Debt: Ultra ST-Inst. (58), Debt: Floating Rate ST (14) Debt: Floating Rate LT (13), Gilt: Medium and LT (44), Gilt: ST (18). Fund Ratings are as on 31 March ’08. Ranking Source: www.valueresearchonline.com
Birla Sun Life Short Term Fund - Growth (Category: Liquid Plus Scheme, No of Schemes = 26) & Birla Income Plus - Growth (Category: Debt Long Term, No of Schemes = 18) are ranked 7 - Star at ICRA Mutual Funds Awards 2007 for 1 yr performance for period ended 31 Dec. ’07. Ranks are based on in-depth analysis of critical parameters, including: risk-adjusted performance; portfolio concentration characteristics; liquidity; corpus size; average maturity; and portfolio turnover. Entry/Exit Loads not considered. Ranking Source & Publisher: ICRA Online.
Birla Floating Rate Fund – Short Term & Birla Floating Rate Fund – Long Term: The credit risk rating assigned to the schemes is mfAAA. The rating is the highest-credit-quality rating assigned by ICRA to debt funds. Birla Cash Plus: The credit risk rating assigned to the scheme is mfA1+. The highest-credit-quality short-term rating assigned by ICRA to debt funds.Rating methodology used by ICRA is based on evaluating the inherent credit quality of the funds portfolio. As a measure of the credit quality of a debt fund’s assets, ICRA uses the concept of ”credit scores”, based on ICRA’s assessment of credit risk associated with each exposure of the portfolio taking into account its maturity, investment objectives and policies, its management characteristics and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. Source: ICRA Ltd.
AAAf The fund’s portfolio holdings provide very strong protection against losses from credit defaults.The credit quality ratings are based on an analysis of the fund’s investment philosophy, its management, investment strategies, operational policies and internal controls. Credit quality incorporates the credit risk of securities and the counter-party risk involved in transactions CRISIL has developed a Credit Quality Matrix to evaluate a bond fund’s overall level of protection against losses associated with credit default. The matrix is a set of credit factors & credit scores derived scientifically from CRISIL’s rating default and transition rates over past ten years. Ranking source: CRISIL FundServices, CRISIL Ltd.
Birla Sun Life Basic Industries Fund: CRISIL~CPR 2 - in Diversified Equity Scheme Category (73 schemes)Birla Sun Life Frontline Equity Fund: CRISIL~CPR 2 - Large Cap Oriented Equity Scheme Category (31 Schemes). Birla Sun Life Income Fund: CRISIL~CPR 1 - Income Scheme Category (18 Schemes).Birla Sun Life Monthly Income: CRISIL~CPR 1 - MIP Conservative Scheme Category (10 schemes)Birla Sun Life New Millennium Fund: CRISIL~CPR 2 - Sectoral IT Scheme Category (7 schemes)Birla Sun Life Short Term Fund: CRISIL~CPR 1 - Debt ST Scheme Category (17 Schemes).Birla Sun Life Tax Relief ‘96: CRISIL~CPR 2 - ELSS Category (19 schemes)Birla Cash Plus - Retail: CRISIL~CPR 2 - Liquid Scheme Category (25 schemes)Birla Cash Plus - Institutional: CRISIL~CPR 2 - Liquid Inst. Scheme Category (13 schemes)Birla Cash Plus: Institutional Premium: CRISIL~CPR 2 - Liquid Super Inst. Scheme Category (16 Schemes).Birla Gilt Plus – Regular Plan: CRISIL~CPR 2 - Gilt Scheme Category (13 schemes)Birla Income Plus: CRISIL~CPR1 - Income Scheme Category (18 schemes)Birla Midcap Fund: CRISIL~CPR 2 - Diversified Equity Scheme Category (73 schemes)Birla MIP: CRISIL~CPR2 - MIP Conservative Scheme Category (10 Schemes)CRISIL~Composite Performance Ranking - (CRISIL~CPR) is the relative performance ranking of mutual fund schemes within the peer group. The criteria used for computing the ranking are AUM in excess of category cut-off limits & portfolio disclosure and performance in case of Liquid Plans, Floating Rate and Debt-Short Term – Last 1 years; All other Schemes – Last 2 years. Fund Ratings are as on 31 December ’07. Ranking is done on the following parameters depending on scheme category.
CRISIL~CPR 1 - indicates “Very Good" performance & ranks within top 10% of the respective category.CRISIL~CPR 2 - indicates “Good" performance & ranks within top 30% of the respective category. Ranking Source: Crisil FundServices, CRISIL Limited
Birla Sun Life ‘95 Fund – Growth (BSL‘95): Best Fund - 10 yr performance (1997 - 2007), Mixed Asset INR Aggressive, No. of schemes: 6Birla Sun Life Income Fund - Growth (BSLIF): Best Fund - 3yr (2004 - 2007) & 10 yr (1997 - 2007) performance, Bond INR - General, No. of schemes: 100Birla Gilt Plus - Regular Growth (BGP-Reg): Best Fund - 5 yr performance (2002 - 2007), Bind INR Govt, No. of Schemes: 35Birla Sun Life Tax Relief '96 (BSLTR'96): 3rd Rank (Top Performing Equity funds in the world) - 10 yr performance (1997 - 2007), Equity Funds, No. of Schemes: 6302BSL’95, BSLIF & BGP - Reg are awarded the Lipper Award 2008 and BSL TR96 has been ranked 3rd among the top 100 equity funds in the world on the basis of Consistent Return (Effective Return) value. Entry/Exit load not considered. Ranking source: Lipper - A Reuter Company
Standard & Poor’s A: The fund demonstrates high standards of quality based on its investment process, risk awareness and consistency of performance relative to its own objectives. Ranking Methodology: The Fund has provided consistent, above average, risk-adjusted returns relative to its peers over a three-year period ending December 31, 2006. The Fund is assessed by S&P on basis of quantitative factors viz. historical performance for consistency, discrete period performance comparisons and measurement over 3 discrete twelve-month periods, including 6 month moving average size, turnover, dealing, liquidity of portfolio, gearing, client base, cost, fees and on evaluation of qualitative factors viz. fund management group, portfolio manager and investment team that contributes to long term performance.
Birla Sun Life Mutual Fund - Mutual Fund of the Year: Birla Sun Life Mutual Fund won the CNBC TV18 - CRISIL Mutual Fund of the Year Award in the Category – Mutual Fund of the Year. In total 26 fund houses were eligible for the award universe. Fund Houses winning at least two awards for their schemes in the category level awards for 2007 were considered for the award. The award is based on consistency of fund house’s performance across various scheme categories in the four quarterly CRISIL CPR rankings released during the calendar year 2007. The individual CRISIL CPR ranks for their schemes were aggregated on a weighted average basis to arrive at the final ranks for fund houses.Birla Infrastructure Fund – Growth - Emerging Equity Fund of the Year: Birla Infrastructure Fund - Growth was the only scheme that won the CNBC TV18 - CRISIL Mutual Fund of the Year Award in the Emerging equity Fund of the year category. In total 14 schemes were eligible for the award universe. Open ended equity schemes having a one to two year track record as on December 31, 2007 and fulfilling CRISIL’s eligibility criteria on disclosure were considered for the award. The award is based on the scheme’s performance using the analytical approach of the CRISIL CPR rankings having the analysis period as the year 2007. Birla Sun Life Frontline Equity Fund (Large Cap oriented Equity Fund), 22 Schemes: Among 2 winnersBirla Sun Life Income Fund (Income Funds), 17 schemes: Only winnerBirla Sun Life Monthly Income (Monthly Income Plans – Conservative), 9 schemes: Only winnerBirla Sun Life Short Term Fund (Income – Short Term Funds), 12 schemes: Only winnerSchemes present in all four quarter CRISIL CPRs were considered for the award. The award is based on consistency of scheme’s performance in the four quarterly CRISIL CPR rankings released during the calendar year 2007. The individual CRISIL CPR parameter scores averaged for the four quarters were further multiplied by the parameter weight as per the CRISIL CPR methodology to arrive at the final scores. A detailed methodology of the CRISIL CPR is available at www.crisil.com. Past performance is no guarantee of future results. Rankings and Award Source: CRISIL FundServices, CRISIL Ltd.
& Lipper Awards 2008 – Award Methodology & Disclaimer
@@ S & P Fund Management Rating
&&CNBC TV18 - CRISIL Mutual Fund of the Year Award for 2007 - Award Methodology & Disclaimer
Parameters Scheme CategorySuperior Return Score Large Cap Oriented Equity, Diversified Equity, ELSS, Sectoral-IT, Debt, Balance, Monthly Income
Plan (Aggressive & Conservative) and Gilt categories.Mean Return and Volatility Liquid Plans, Floating Rate and Debt- Short term schemesPortfolio Concentration Analysis All SchemesLiquidity Analysis All SchemesAsset Quality Debt SchemesAverage Maturity Debt SchemesDownside Risk Probability Debt- Short Term, Floating Rate Funds, Liquid, Liquid- Institutional & Super Institutional.Asset Size Debt- Short Term, Floating Rate Funds, Liquid, Liquid- Institutional & Super Institutional.
For further details on our Funds, please contact our Customers Service Centres at details given below.
BIRLA SUN LIFE AMC LTD. BRANCHES
Disclaimer: Any information contained in this publication does not constitute and shall be deemed not to constitute an advice, an ofits subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of any information that may be displayed in this publication from time to time. Recipients of the information contained herein should exercise due care and caution and read the offer documents (including if necessary, obtaining the advice of tax / legal / accounting / financial / other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained herein.Editorial opinions expressed in the 'Connect' are not necessarily those of Birla Sun Life AMC Ltd. or any of their officers, employees, personnel, directors and Birla Sun Life AMC Ltd. and its officers, employees, personnel, directors do not accept responsibility for the editorial content. Birla Sun Life AMC Ltd. or any of its officers, employees, personnel, directors make no representation as to the accuracy, completeness or reliability of the editorial content and hereby disclaim any liability with regard to the same.
fer to sell/ purchase or as an invitation or solicitation to do so for any securities of any entity, and further, Birla Sun Life AMC Ltd./
Statutory Details: Constitution: Birla Sun Life Mutual Fund (BSLMF) has been set up as a Trust under the Indian Trust Act, 1882. Sponsors: Aditya Birla Nuvo Limtied and Sun Life (India) AMC Investments Inc. (liability restricted to seed corpus of Rs. 1 Lac). Trustee: Birla Sun Life Trustee Company Pvt. Ltd. Investment Manager: Birla Sun Life Asset Management Company Ltd.Risk Factors: Mutual Funds and securities investments are subject to market risks and there can be no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme may go up or down depending on the various factors and forces affecting capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performance of the Schemes and may not necessarily provide a basis of comparison with other investments. The names of the Schemes do not, in any manner, indicate either the quality of the Schemes or their future prospects or returns. Unitholders in the schemes are not being offered any guaranteed/assured returns. Please refer to the Addendum / Offer Document for scheme specific risk factors before investing. Investors should read the Offer Document/ Key Information Memorandum available at Investor Service Centers and with distributors carefully before investing.
The Material provided in the Connect cannot be reproduced or quoted anywhere without express permission from Birla Sun Life Asset Management Company Ltd.
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