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Supported by:

Primary Authorised Participants & Market Makers

PresentingIndiasirstn

diasirst

Motilal Oswal MOSt Shares Gold ETF - An Open Ended Exchange Traded Fund

Indias first Gold ETF to convert ETF units to physical gold; that too in as low as 10 gms.

Lower than gold prices offered by Banks & Jewellers Pure imported gold

Goldat a lower price

Get physical

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The desire for gold is the most universal and

deeply rooted commercial instinctof the human race - Gerald M. Loeb

1

Gerald Loeb (1899 - April 13, 1974) was a founding partner of E.F. Hutton & Co., a renowned Wall Street trader, and the author of thebooks The Battle For Investment Survival and The Battle For Stock Market Profits. Loeb promoted a view of the market as too risky tohold stocks for the long term in contrast to well known value investors. He also created the Gerald Loeb Award, given annually forexcellence in various categories of financial journalism.

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Case for Gold Investment

2

Gold: A perceived safe haven asset

Low correlations

Store of value: Hedge against inflation

Currency: Medium of exchange

Evolved in the marketplace over the last5,000 years.

Unique Demand:

Consumption product, especially inmarkets like India and China

Demand for weddings and religious

occasions

The Value of GoldQuantitative Easing leading to increase inthe price of Gold

Golds Investment demand on the rise

Globally hedge funds, ETFs and mutualfunds are driving up investment demand

for Gold

Central Banks increasing Gold reservesaggressively

Some Current Trends

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3

Low Correlations with other Asset Classes

CNX CRISIL

Asset Class Gold SENSEX NIFTYINDEX BOND

Gold 1.00

SENSEX 0.16 1.00

CNX MIDCAP INDEX 0.12 0.85 1.00

CRISIL COMPOSITE BOND -0.03 0.15 0.21 1.00

NIFTY 0.18 0.99 0.86 0.16 1.00

MIDCAP COMPOSITE

Gold is an Effective Diversifier - Helps to contain Portfolio Risk. Low correlation with majorasset classes . Past Correlations may or may not be observed in future.

thSource: Bloomberg as on 15 Feb 2012. All figures in local currency

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Unique Dual Demand Dynamics

World Gold Demand flows 5yr Avg (Q4 '05 to Q3 '10)

JewellryInvestment Industrial

Source: GFMS,World Gold Council .* Includes Identifiable and non-identifiable investment

Jewellry

57%Investment

31%

Industrial12%

The desire of gold jewellery adds aninteresting consumption paradigm

to this asset class, especially inmarkets like India (& China)

Gold investing therefore has a dual

dynamic Investment andConsumption

Significant physical demand: Gold

Demand for Jewellery is almost twice

that of investment demand

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5

Gold in India

18000 tonnes worth just under USD 1 trillion or 11% of global stock

Represents approx. 15 gms gold per capita holding

ETF Holdings currently just at USD 2.7 bn or approx 0.27% of national gold holdings

Almost all gold is held as bullion or jewelry

Significant demand for investment gold destined for consumption

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on

external current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance

or events to differ materially from those expressed or implied in such statements. Please refer to the Scheme Information Document for

further information.

thSource: GFMS, World Gold Council and internal analysis . Data as on 17 May, 2011

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6

MOSt GOLD SHARES - Do we need one more?

Motilal Oswal MOSt Shares Gold ETF

For the 1st time ever, directly buy from AMC in 10 gram lots

OR

Buy Gold ETFs from stock exchange terminal (1 gm i.e. 1 unit or higher)

For the 1st timeever, redeem ETF Units for physical Gold bars as low as 10gms

Get pure imported gold- fineness or purity of 99.5% or higher

At a price lower than other options in the market

Delivery centers across 22 cities in India

Pass through price benefit to consumers!!!

Make the MOSt of your GOLD!

Get gold at a lower price!

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MOSt GOLD SHARES Get gold at a lower price

Get gold at a lower price:

MOSt Gold Shares opens up the SpotGold price to retail investors for the

st1 time

Cost effective: Investors buy & accumulate ETF units

- True gold accumulation

Redeem for cash, physical gold bars atbetter rates than any other Banks/Jewellers

Best of both worlds: MOSt Gold Shares marries the

investment benefits of Gold with itsConsumption seamlessly

The above premium over spot prices may differ

from bank to bank and jeweller to jeweller

Banks

Jewellers

8% - 20%

8% - 20%

Premium over

spot prices

Other avenues in

the market

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MOSt GOLD SHARES Guaranteed Purity

Indias first GOLD ETF to

Break down from 1 Kg to 10 Gms creation unit lots Designated delivery locations across India

Pure Imported Gold

Certified by one of five 'Approved Good Delivery Referees' of the London BullionMarket Association (LBMA)

Responsible for the testing of samples, the provision of reference samples, and otherfunctions in support of the 'Good Delivery' system

The 10 gm bar

Individually registered and sealed in protective Certicard packaging Official Assay Certificate that guarantees fine gold content and weight

*Guaranteed Purity - Imported gold of finesse 995 or higher

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MOSt GOLD SHARESGold collection centers across 22 locations

For details of gold collection, please refer our website & Scheme Information Document (SID) of MOSt Gold Shares

*Ahmedabad Lucknow*Bangalore Madurai

Bhubaneswar * Mumbai

Chennai Surat

*Hyderabad Visakhapatnam

Jaipur Vijayawada

Kolkata Thrissur

Delhi Salem

Coimbatore IndoreKochi Trichy

Kanpur Trivandrum

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10

Buying Physical Gold

Parameter MOSt Gold Shares Other GOLD ETFs Jeweller Bank

Physical Lots 10 gms or multiples 1 Kg. or multiples N.A. N.A.

Gold Collection

Centres

22 Locations across

India

Only Mumbai N.A. N.A.

Mode of

Holding

Demat Demat Physical (Bars / Coins) Physical (Bars / Coins)

Pricing Spot Gold prices Spot Gold prices Differs from one to

another. Neither

transparent nor standard.

Differs from bank to

bank. Not Standard.

Purity 99.5% or higher 99.5% or higher Cant Say High

Risk of Theft No, Secured Vaults No, Secured Vaults Yes Yes

Wealth Tax No No Yes Yes

Long Term

Capital GainsTax

Indexation benefit after

one year

Indexation benefit

after one year

Only after 3 years Only after 3 years

Liquidity High High Relatively at High Cost Low on Liquidity

For further details, please refer Scheme Information Document (SID) of MOSt Gold Shares

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MOSt GOLD SHARES - Key Features

Investment objective: To provide return by investing in Gold Bullion.

Performance: Benchmarked to the Spot Gold Price.

The units of the Scheme bought or sold

On Stock Exchanges (BSE/NSE) minimum trading lots of one unit (1gm)

Directly with theMutual Fund in creation unit lot of 10 units and multiples

Invests only in physical gold of 99.5 purity or higher

No Entry or Exit Load

Fund Manager: Mr. Rajnish Rastogi

For further details and delivery charges, please refer to the Scheme Information Document (SID) of MOSt Gold Shares

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Cash Creation process

T Creation request received

before the cut-off time(3pm).

T

Cash credited into MF BankA/C

Amount of cash determinedfrom the CU file uploadeddaily on the AMC website

T AMC sends the Txn Slip toR&T agent

T+2

R&T to allot units on receiptof custodian confirmation ofreceipt of physical gold bythe Fund.

T+3Units trade on exchange

T

Receipt of Cash by Fund. Fund purchases Gold

from market on behalf ofinvestor

T+2

R&T agent credits the ETFunits into the investor`sDP A/C.

The above process flow is only for understanding purpose and may vary fromcase to case. For further details, please refer Scheme Information Document(SID) of MOSt Gold Shares

12

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Physical Redemption process

T

Request for redemptionreceived by AMC from theinvestor by 3 pm

PAN Card and self attestedcopy of specified identityproofs received by AMC

T

Request time stamped atAMC

DP Instruction Copy Acknowledgement

delivered to investor alongwith copy of terms andconditions

T+5Gold released for delivery after person/document

verification at gold collection centre Gold Delivered and Acknowledgement AcceptedR&T agent cancels the ETF units

AMC deposits the cash component if any intothe bank

T

Units confirmed receivedat AMC DP

Investor Transfers cash dueif any to MF bank account

13

The above process flow is only for understanding purpose and may vary from case to case. For further details, please referScheme Information Document (SID) of MOSt Gold Shares

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Disclaimer: The information contained in this document is for general purposes only and not a complete disclosure of every material fact and terms and conditions and features of the

Scheme. The information / data herein alone is not sufficient and shouldnt be used for the development or implementation of an investment strategy. It should not be construed as investment

advice to any party. All opinions and data included in this document are as on date and are subject to change without notice. While utmost care has been exercised while preparing thisdocument, Motilal Oswal Asset Management Company Limited does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out

of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and

assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such

statements. Readers shall be fully responsible/liable for any decision taken on the basis of this document. No part of this document may be duplicated in whole or in part in any form and/or

redistributed without prior written consent of the Motilal Oswal Mutual Fund/Motilal Oswal Asset Management Company Limited. Readers should before investing in the Scheme make

their own investigation and seek appropriate professional advice.

Statutory Details:Constitution: Motilal Oswal Mutual Fund has been set up as a trust under the Indian Trust Act, 1882. Trustee: Motilal Oswal Trustee Company Limited. Investment

Manager:Motilal Oswal Asset Management Company Ltd.Sponsor:Motilal Oswal Securities Ltd. Risk Factors: (1) All Mutual Funds and securities investments are subject to

market risks and there can be no assurance that the Schemes objectives will be achieved (2) As the price/value/interest rates of the securities in which the Scheme invests

fluctuates, the Net Asset Value (NAV) of the Scheme may go up or down depending upon the factors and forces affecting the securities market (3) Past performance of

the Sponsor/AMC/Mutual Fund and its affiliates does not indicate the future performance of the Scheme and may not provide a basis of comparison with other

investments (4) Motilal Oswal MOSt Shares Gold ETF (MOSt Gold Shares ) is only the name of the Scheme and does not in any manner indicate either the quality of the

Scheme, its future prospects and returns. (5) The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Mutual Fund beyond the

initial contribution made by it of an amount of Rs. 1 Lac towards setting up of the Mutual Fund (6) The present Scheme is not a guaranteed or assured return Scheme. (7)

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. (8) Investment in the scheme shall be subject to various other risk

factors including but not limited to risk associated with investment in Gold, currency risk, exchange rate risk, tracking error risk, etc.For further Scheme Specific Risk Factors

& other details, please read the Scheme Information Document (SID) & Statement of Additional Information (SAI) carefully before investing. Currently AMC is offering physical delivery ofgold at Mumbai, Ahmadabad, Hyderabad & Bangalore. AMC shall roll out the services in phased manner across 22 locations in India.

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Call:1800-200-6626 SMS:MGOLD to 575753

E-mail:mfservice@motilaloswal.com

Website:www.mostshares.com

Website:www.motilaloswal.com/assetmanagement

I