How do you always keep your investments at the top? · your investments at the ... Allocation at different market conditions for different types of ... has subsequently put forward

4 fund houses were eligible out of a universe of 26. Period: 4 quarterly CPRs in 2007.3 fund houses were eligible out of a universe of 27. Period: 4 quarterly CPRs in 2008.

Past performance is no guarantee of future results.

Birla Sun Life Frontline Equity FundAn Open ended Growth Scheme

Birla Sun Life Frontline Equity FundAn Open ended Growth Scheme

For award methodology and further details refer page 49. For further details of Birla Sun Life Frontline Equity Fund refer page 51

Mutual Fund investments are subject to market risks. Please read the Statement of

Additional Information / Scheme Information Document carefully before investing.

Call 1-800-270-7000 (toll-free) | Visit www.birlasunlife.com sms GAIN to 56161

How do you always keep your investments at the top?

A u g u s t 2 0 0 9

03

A u g u s t 2 0 0 9Asset Allocation Guide

Asset Allocation guide:

How it works?

“Aggressive”

This Asset Allocation guide helps you decide your broad

allocation to equities at different market levels. The

adjustment as per the recommended asset allocation may be

done on a six monthly basis or whenever you review your

portfolio.

Lets see how it will help you in your wealth creation goals with

the help of an illustration below.

Assuming you are an investor lets see how the

allocation guide will work

Recommended Equity Asset Allocation at different market conditions for different types of investors

Aggressive Moderate Conservative

Expensive 50%-60% 30%-40% 0-10%

Fair 60%-70% 40%-50% 10%-20%

Discounted 70%-80% 50%-60% 20%-30%

Asset Allocation Guide

The graph plots month end values of BSE Sensex since March 1991. The Fair price boundaries have been decided by taking P/E of 10.5 & 18.5 as the lower & upper boundaries times the 1 year forward earnings of the Sensex. The values above the fair band has been assumed to be expensive & below the fair band has been assumed to be discounted. This is just a suggested band as per forward earnings estimate and should not be construed as a recommendation to buy or sell securities.

Start 6 months 12 months 18 months

% Value in Rs Actual Allocation % Actual Allocation %Value in Rs Value in Rs

Equity 60% 60,000 65% 77400 75% 150444

Debt 40% 40,000 35% 42000 25% 50148

Total Wealth 100,000 119,400 200,592

Fair MarketAfter 6 Months market goes

up but still in Fair range

Action

Value in RsRecommended a llocation%

60% 71640

40% 47760

119,400

Bring back allocation as perthe suggested grid

After 12 Months market up to Expensive zone

goes

Actual Allocation % Value in Rs

35% 57169

65% 105311

162,480

After 18 Months marketlands in Discounted zone

Action


70% 113736

30% 48744

162,480

Increase allocation to per thesuggested grid

Equity as

Action


50% 100296

50% 100296

200,592

Reduce allocation to Equityas per the suggested grid

Thus, we see that the asset allocation guide helps you

• Observe discipline in your asset allocation by periodic readjustment as per the suggested grid

• Buy low and book profits at high levels by increasing /decreasing exposure at different market conditions.

The above example is to only demonstrate the working of the mentioned investment strategy. The above strategy actions are not based on any judgments of the future return of the debt and equity markets / sectors or of any

individual security. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy.

Any information contained above does not constitute and shall be deemed not to constitute an advice, an offer to sell/purchase or as an invitation to do so for any securities of any entity, and further Birla Sun Life Asset

Management Company Ltd.(BSLAMC) / its 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 herein. 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. Opinions expressed are not necessarily

those of BSLAMC or any of their officers, employees, personnel, directors and BSLAMC . and its officers, employees, personnel, directors do not accept responsibility for the same. BSLAMC or any of its officers, employees,

personnel, directors make no representation as to the accuracy, completeness or reliability of the content and hereby disclaim any liability with regard to the same.

02

0.00

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

Mar-

91

Sep-9

1

Mar-

92

Sep-9

2

Mar-

93

Sep-9

3

Mar-

94

Sep-9

4

Mar-

95

Sep-9

5

Mar-

96

Sep-9

6

Mar-

97

Sep-9

7

Mar-

98

Sep-9

8

Mar-

99

Sep-9

9

Mar-

00

Sep-0

0

Mar-

01

Sep-0

1

Mar-

02

Sep-0

2

Mar-

03

Sep-0

3

Mar-

04

Sep-0

4

Mar-

05

Sep-0

5

Mar-

06

Sep-0

6

Mar-

07

Sep-0

7

Mar-

08

Sep-0

8

Mar-

09

Expensive

Discounted

Fair

Ju

l-0

9

03

Market OutlookA u g u s t 2 0 0 9

Equity Market

Debt Market

Bond yields rise on supply worries... Pressure on the bonds market increased under the sheer weight of supplies lined up for the fiscal and no positive clues, domestically or globally. Markets remained cautious about adding further duration. The yield curve remained extremely steep- spread between 1-year and 10-year government bond yields widened to a record 325 bps. The yield curve steepness also indicates that markets are pricing in tightening of the monetary policy next year. The 10-year benchmark paper breachced the 7% psychological level, emphasising the bearishness in the market. Corporate bond yields also hardened on back of G-sec blowing out.

Markets have been increasingly worried about the ending of the easy monetary policy regime combined with the inflation worries, which are popping up now more frequently in various comments. Markets also reacted negatively to the choice of securities for the OMO auctions. The weak response during the OMO auctions or lack of any action on RBI's part to stem the hardening yields have hit the bonds markets sentiment adversely. The daily trading volumes in G-secs have been steadily falling indicating vaning interest of various participants. Additionally, the markets expect the WPI inflation number to rise in the 3Q due to the low base effect. Global factors have contributed their bit to the sentiment. Crude after falling through the month have bounced back and are back to the higher levels as they were at the start of the month. The US treasuries also hardened again and are slowing inching towards the 4% mark on the 10 year. The equity markets have been trending upwards, indicating a rising demand for riskier assets. Thus, the risk aversion trades which caused the entire bond market rally are getting unwound. The economic news worldwide indicate bottoming out of the economic cycle and thus are bond-negative.

Risk appetite returns…Stock markets have come a long way from the lows made in 2008-2009. Most Asian markets have clearly stood out, outperforming the developed world peers by significant margin. This reflects the relatively better health of their economies.

Our Investment Team (In alphabetical order)

consumption through a combination of reduced personal tax rates and the maintenance of status quo on other direct and indirect taxes. Abolition of FBT was a relief to the corporate sector as it would reduce the tax burden. However, increase in MAT from 10% to 15% was disappointing. The budget was silent on widely anticipated reforms like disinvestments, oil price deregulation and FDI, to which the market reacted negatively. However, the government has subsequently put forward plans of disinvestments in the later weeks, revealing the reforms-oriented side of the government and gained back confidence of the market. Lately, hopes of sector-specific stimulus also boosted sentiment.

Earnings surprise…The earnings releases across the globe came as a pleasant surprise, driven by the impact of cost cutting and inventory reduction by industries while economies entered recession almost across the globe. In India also, earnings season surprised positively with Auto, Cement, IT, PSU Oil & Gas, and FMCG companies delivering better-than-expected numbers. This has resulted in a reassessment and consequently upgrades of earnings forecasts by most market participants.

Way forward…Pockets of positive leads exist from the fundamental side led by revival of industrial output. However, in just 4-5 months, domestic indices have nearly doubled, with global economy yet to find a robust footing. Even though Indian markets are majorly backed by anticipation of growing domestic demand, market is not really available at bargain prices.

Domestic demand itself faces the risk of consumer price inflation (above 9% y-o-y) and both these factors in turn depend a lot on the monsoon. Monsoon has been 19% below average (latest data) and threatens to ruin the rural-backed growth story attempted to be boosted by the government. Meanwhile, as the earnings season has come to a close, all positive factors could end up being factored in – leaving the market vulnerable over the medium term. It is likely that markets would consolidate in the near term and focused stock selection would provide outperformance.

The RBI kept interest steady in its Quarterly review, as per expectations, and on its part made clear that monetary accommodation will stay till economic activity found a firm footing.

OutlookSupply concerns continue to hurt market sentiments despite policy makers assurance that the borrowing would be carried out in a non-disruptive way. Further consumer price inflation continues to remain high and is a cause of concern for the markets. Overall the markets continue to price monetary tightening, though the timing of it would keep markets on its toes, resulting in huge volatility.

Our core view is that liquidity will remain high for considerable amount of time, either due to slow recovery or high capital flows but secular Bull Run in the bond market may be over and we should see rates hardening over the next few quarters. Nevertheless we do not expect rates to rise dramatically given that the government bond yields are already at very elevated levels and substantial amount of Government borrowing remains to be completed.

We feel that the10-year bond may remain in a 6%-7.50 % range for the rest of the year, with a cyclical rally in Oct-Dec and rates moving up in the last quarter of the year. Investors should be with a 'high liquidity' trade with moderate risk. We believe 2-3 year points on the credit curve are cheap and deserve higher allocation in ones portfolio. Overall high systemic liquidity will ensure that ultra short-term rates remain very low and investors will earn 'historic low returns' in liquidity funds.

03

A. Balasubramanian Chief Investment Officer

Achala Kanitkar Research Analyst : Equity

Ajay Argal Co-Head : Equity

Ajay Garg Fund Manager : Equity

Ankit Sancheti Fund Manager/ Research Analyst : Equity

Atul Penkar Fund Manager/ Research Analyst : Equity

Chanchal Khandelwal Research Analyst : Equity

Dipika Chheda Research Analyst : Equity

Hemang Dagli Sr. Dealer / Fund Manager

Lokesh Mallya Research Analyst : Fixed Income

Mahesh Patil Co-Head : Equity

Maneesh Dangi Head : Fixed Income

Merlyn Joseph Research Analyst : Equity

Nishit Dholakia Fund Manager / Analyst : Fixed Income

Paresh Khandelwal Research Analyst : Equity

Prasad Dhonde Fund Manager / Dealer : Fixed Income

Equity

The absence of leverage and focus on stimulating domestic demand has to an extent ruled out the deflationary scenario. In India also the growth momentum is based on consumption and infrastructure growth.The market overcame the disappointment of the Union Budget, driven by risk appetite of global investors that saw FIIs pour in massive amounts of money into Indian securities ($2.3 bn in July itself out of total $7.3 bn in Jan-Jul 2009 vs outflow of $6.6bn in Jan-Jul 2008). Risk appetite was built up across the globe by corporate earnings and economic data – both of which collectively beat expectations.

Budget – The fine print…In the context of a global downturn, the budget focused on increased public spending to sustain the economic revival and took steps to boost domestic investment and consumption. Infrastructure creation and rural development remained the themes in focus. It announced measures that would help sustain

Local Currency Return from Lows in 2008/2009 till July 31, 2009

0%

20%

40%

60%

80%

100%

120%

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Source: Bloomberg

Sanjay Chawla Fund Manager : Equity

Satyabrata Mohanty Head : Mixed Assets

Shaktie Prakash Fund Manager / Dealer : Fixed Income

Sujit Patki Dealer

Sunaina Da cunha Fund Manager / Research Analyst : Fixed Income

Vineet Maloo Fund Manager/ Research Analyst : Equity

A u g u s t 2 0 0 9

Fund Details

Fund Manager :Managing Fund Since : October 01, 2006Total Experience : 20 yearsDate of inception : August 27, 1998Nature of the scheme : An Open-ended Growth Scheme

Default option : Dividend ReinvestmentFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Dividend : 67.75( )Growth : 210.22

Benchmark : BSE 200Average AUM : Rs. 1,112.67 Crores

Entry Load : Nil

Exit Load** : < Rs. 5 crores – 1% if redeemed / (w.e.f August 03, 2009) switched out within 3 years

> Rs. 5 Crores – Nil.**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Standard Deviation : 37.61%##Sharpe Ratio : 0.36

Beta : 0.94

Mr. Mahesh Patil

Payout, Reinvestment & Sweep

Key Features

Plans / Options & NAV

Load Structure (Incl for SIP)

Other Parameter

(as on July 31, 2009)

Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer##Risk-free rate assumed to be 3.22%(91 day T-bill yield as on July 31, 2009)

Value Blend Growth Size

Large

Mid

Small

Investment Style

Investment Style Box

As on July 31, 2009

An open-ended 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

Banks 13.13ICICI Bank Ltd. 3.05State Bank of India 2.67HDFC Bank Ltd. 2.30Axis Bank Ltd. 2.18Bank of Baroda 1.49Yes Bank Ltd. 1.44

Power 9.38Reliance Infrastructure Ltd. 1.89Tata Power Company Ltd. 1.88KEC International Ltd. 1.76GVK Power & Infrastructure Ltd. 1.56CESC Ltd. 1.33PTC India Ltd 0.95

Software 9.37Infosys Technologies Ltd. 6.34Tata Consultancy Services Ltd. 2.69Megasoft Ltd. 0.34

Industrial Capital Goods 7.41Thermax Ltd. 2.26Crompton Greaves Ltd. 2.12Bharat Heavy Electricals Ltd. 1.28BEML Ltd. 1.11Bharat Bijlee Ltd. 0.63

Telecom-Services 7.35Bharti Airtel Ltd. 6.70Reliance Communications Ltd. 0.64

Petroleum Products 5.49Reliance Industries Ltd. 5.49

Finance 5.23Rural Electrification Corporation Ltd. 2.08HDFC Ltd. 1.86India Infoline Ltd. 1.29

Consumer Non Durables 5.18ITC Ltd. 3.07United Breweries Holdings Ltd. 1.54Shree Renuka Sugar 0.57

Oil 4.32Oil & Natural Gas Corporation Ltd. 4.32

Construction Project 4.20Nagarjuna Construction Company Ltd. 1.53Punj Lloyd Ltd. 1.41Larsen & Toubro Ltd. 1.26

Construction 4.02Housing Development & Infrastructure Ltd 2.27Unitech Ltd. 1.75

Cement 3.58Century Textiles and Industries Ltd 1.58Ultratech Cement Ltd. 1.29Grasim Industries Ltd. 0.70

Media & Entertainment 3.31Zee Entertainment Enterprises Ltd. 1.63Jagran Prakashan Ltd. 1.23Balaji Telefilms Ltd. 0.44Magnasound India Ltd. ** #

Pharmaceuticals 2.28Dr.Reddys Laboratories Ltd. 2.26

Maestro Mediline Systems Ltd. 0.02

Foreign Equity 2.11Sterlite Industries (India) Ltd - Ads 1.15Tata Steel Ltd GDR 0.96

Retailing 1.56Pantaloon Retail (India) Ltd. 1.36Pantaloon Retail (India) Ltd. -Class B 0.20

Ferrous Metals 1.36Tata Steel Limited 1.36

Industrial Products 1.07Max India Ltd. 1.07

Auto 1.03Tata Motors Ltd. 1.03

Non - Ferrous Metals 0.88Sterlite Industries (India) Ltd. 0.88

Diversified 0.60Hindustan Unilever Ltd. 0.60

Future and Options 0.16Reliance Communications FUT Aug09 0.16

Cash & Cash Equivalents 7.83

Net receivables / payables -0.84

Total Net Assets 100.00

Issuer % to NetAssets



Portfolio & Asset Allocation

** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is Nil # Indicates less than 0.01

Systematic Investment Plan (SIP)

SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Equity Fund...

Date of First Installment : October 01, 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)

Since Inception 130000 405255 679950 19.73 28.42

Last 5 years 60000 90098 96621 16.28 19.14

Last 3 years 36000 42636 42440 11.31 11.00

Last 1 year 12000 17106 16951 87.76 84.89

Investment Period Total Investment (Rs.) Birla Sun Life

Equity FundBirla Sun Life Equity Fund

BSE 200 BSE 200

Value (Rs.) of SIP in Returns (%)*

Birla Sun Life Equity Fund - Growth BSE 200

% R

etur

ns

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

(Past performance is no guarantee of future results.) for ranking methodology please refer page 49

«««« #Value Research RatingBirla Sun Life Equity Fund

Equity Diversified (147 Schemes), for 3 & 5 Years periods ending 31-Jul-09

04

Birla Sun Life Equity Fund

13.11

16.52

29.8932.12

8.45

13.98

22.72

18.26

0

10

20

30

40

1 Year 3 Years 5 Years Since Inception

A u g u s t 2 0 0 9

Fund Details

As on July 31, 2009


Birla Sun Life Midcap Fund


Large

Mid

Small

Investment Style


Fund Manager :Mr. Sanjay Chawla

Managing Fund Since : September 12,2007Total Experience : 19 years / 20 YearsDate of inception : October 03, 2002Nature of the scheme : An Open-ended Growth Scheme


Dividend : 22.66( )Growth : 81.75

Benchmark : CNX MidcapAverage AUM : Rs. 625.08 Crores

Entry Load : Nil




Beta : 0.94

Mr. A. Balasubramanian &


Key Features



Other Parameter

(as on July 31, 2009)



CRISIL~CPR 2^^Birla Sun Life Midcap Fund

Small & Mid Equity Schemes ( Schemes), 5 21 Yrs ended 30-Jun-09


Birla Sun Life Midcap Fund - Growth CNX Midcap

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Midcap Fund...


Date of First Installment : November 01, 2002




Midcap FundBirla Sun Life Midcap Fund

CNX Midcap CNX Midcap


Since Inception 81000 176544 220044 22.77 29.28

Last 5 years 60000 86783 100586 14.75 20.80

Last 3 years 36000 42386 45757 10.91 16.23

Last 1 year 12000 17350 18399 92.34 112.29




Power 8.64PTC India Ltd 2.43Jyoti Structures Ltd. 2.41Kalpataru Power Transmission Ltd. 1.85KEC International Ltd. 1.01GVK Power & Infrastructure Ltd. 0.94

Industrial Products 8.37Sintex Industries Ltd. 3.14Max India Ltd. 1.80Jain Irrigation Systems Ltd. 1.75Kirloskar Oil Engines Ltd. 1.68

Finance 8.17India Infoline Ltd. 3.15Rural Electrification Corporation Ltd. 2.64LIC Housing Finance Ltd. 1.41Shriram Transport Finance Company Ltd. 0.97

Industrial Capital Goods 8.16Crompton Greaves Ltd. 2.77AIA Engineering Ltd. 2.18BEML Ltd. 1.82Thermax Ltd. 1.39

Construction 6.24Simplex Infrastructures Ltd. 2.65Unitech Ltd. 1.95Housing Development & Infrastructure Ltd 1.63

Consumer Non Durables 5.75Mcleod Russel India Ltd. 2.17Shree Renuka Sugar 2.17

Glaxosmithkline Consumer Healthcare Ltd. 1.41

Banks 5.40Yes Bank Ltd. 2.07Allahabad Bank 1.91Bank of Baroda 1.42

Cement 5.32Madras Cements Ltd. 2.47Shree Cements Ltd. 1.70Ultratech Cement Ltd. 1.15

Minerals/Mining 5.09Sesa Goa Ltd. 2.96Nava Bharat Ventures Ltd. 2.13

Software 4.63Patni Computer Systems Ltd. 2.35Mphasis Ltd. 1.43MindTree Ltd. 0.85

Petroleum Products 4.03Hindustan Petroleum Corporation Ltd. 2.27Castrol India Ltd. 1.76

Pharmaceuticals 3.98Aurobindo Pharma Ltd 2.07Lupin Ltd. 1.91

Auto Ancillaries 3.81Exide Industries Ltd. 2.48Apollo Tyres Ltd. 1.33

Ferrous Metals 3.72Welspun Gujarat Stahl Rohren Ltd. 3.27Usha Martin Ltd. 0.45

Pesticides 2.97United Phosphorus Ltd. 2.97

Chemicals 2.60Solar Industries India Ltd. 2.60

Construction Project 1.85Nagarjuna Construction Company Ltd. 1.85

Media & Entertainment 1.76Television Eighteen India Ltd. 1.76

Auto 1.41Bajaj Auto Ltd. 1.41

Transportation 0.93The Great Eastern Shipping Company Ltd 0.93

Future and Options -0.66Welspun Gujarat Stahl Rohren Ltd. Fut Aug 09 -0.66


Net receivables / payables 2.10



05

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.

«««« #Value Research RatingBirla Sun Life Midcap Fund


17.53 17.95

29.30

36.02

6.88

14.89

22.97

31.95

0

10

20

30

40


A u g u s t 2 0 0 9

Fund Details


06

Birla Sun Life Frontline Equity Fund

As on July 31, 2009

An open-ended 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.


Birla Sun Life Frontline Equity Fund - Growth BSE 200

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Frontline Equity Fund...






Frontline Equity FundBirla Sun Life

Frontline Equity FundBSE 200 BSE 200


Since Inception 82000 175563 220884 21.94 28.63

Last 5 years 60000 90098 106716 16.28 23.25

Last 3 years 36000 42636 46478 11.31 17.33

Last 1 year 12000 17106 17183 87.76 89.21




Banks 12.92ICICI Bank Ltd. 3.31

HDFC Bank Ltd. 2.16

Bank of Baroda 1.72

State Bank of India 1.70

Axis Bank Ltd. 1.68

Kotak Mahindra Bank Ltd. 1.42

ING Vysya Bank Ltd. 0.93

Software 8.68Infosys Technologies Ltd. 4.22

Tata Consultancy Services Ltd. 1.87

Mphasis Ltd. 1.69

Wipro Ltd. 0.90


Indian Oil Corporation Ltd. 1.02

Hindustan Petroleum Corporation Ltd. 0.66

Power 6.91Reliance Infrastructure Ltd. 1.55

Tata Power Company Ltd. 1.41

NTPC Ltd. 1.39

PTC India Ltd 1.37

CESC Ltd. 1.19

Industrial Capital Goods 6.88Crompton Greaves Ltd. 1.48

Bharat Heavy Electricals Ltd. 1.22

Alstom Projects India Ltd. 1.19

Siemens Ltd. 1.12

BEML Ltd. 1.10

Bharat Electronics Ltd. 0.78

Construction Project 5.17Punj Lloyd Ltd. 1.40

Larsen & Toubro Ltd. 1.36

LANCO Infratech Ltd. 1.21

Nagarjuna Construction Company Ltd. 1.19


Cairn India Ltd. 1.49

Finance 4.61Rural Electrification Corporation Ltd. 1.44

HDFC Ltd. 1.34

Power Finance Corporation Ltd 0.92

Reliance Capital Ltd. 0.91

Consumer Non Durables 4.27ITC Ltd. 2.43

Balrampur Chini Mills Ltd. 1.22

Nestle India Ltd. 0.63

Telecom-Services 3.67Bharti Airtel Ltd. 2.40

Reliance Communications Ltd. 1.26


Mahindra & Mahindra Ltd. 1.34

Maruti Suzuki India Ltd. 0.37

Construction 2.91Housing Development & Infrastructure Ltd 1.74

Unitech Ltd. 1.17

Cement 2.30Grasim Industries Ltd. 1.29Ultratech Cement Ltd. 1.00


Media & Entertainment 2.03Zee Entertainment Enterprises Ltd. 1.11Television Eighteen India Ltd. 0.91


Minerals/Mining 1.52Sesa Goa Ltd. 1.52

Pharmaceuticals 1.49Dr.Reddy's Laboratories Ltd. 0.61Cipla Ltd. 0.50Sun Pharmaceutical Industries Ltd. 0.38

Hotels 1.12Indian Hotels Company Limited 1.12

Foreign Equity 1.06Tata Steel Ltd GDR 1.06

Future and Options 2.75CNX Nifty Futures AUG 2009 2.75






CRISIL~CPR 1^^Birla Sun Life Frontline Equity Fund

Diversified Equity Scheme (72 Schemes), 2 Yrs ended 30-Jun-09

5-Star Award by @ICRABirla Sun Life Frontline Equity Fund

Open Ended Diversified Equity - Defensive (55 Schemes), 3 year ended 31-Dec-08

««««V #alue Research RatingBirla Sun Life Frontline Equity Fund

Equity: Diversified (147 Schemes), for 3 & 5 Years periods ending 31-Jul-09

5-Star Award by @ICRABirla Sun Life Frontline Equity Fund

Open Ended Diversified Equity - Defensive (62 Schemes), 1 year ended 31-Dec-08


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : October 01,2006Total Experience : 20 yearsDate of inception : August 30, 2002Nature of the scheme : An Open-ended Growth Scheme


Dividend : 21.51( )Growth : 67.76(With/without Trigger Facility)

Benchmark : BSE 200Average AUM : Rs. 916.38 Crores

Entry Load : Nil




Beta : 0.85

Mr. Mahesh Patil


Key Features



Other Parameter

(as on July 31, 2009)


19.70 20.31

29.3331.83

8.45

13.98

22.72

26.37

0

10

20

30

40


A u g u s t 2 0 0 9

Fund Details


As on July 31, 2009

Birla Sun Life Tax Relief ‘96An open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : October 01,2006Total Experience : 15 yearsDate of inception : March 29, 1996Nature of the scheme : An Open-ended ELSS Scheme

Default option : Dividend PayoutFresh Purchase : Rs. 500/-Additional Purchase : Rs. 500/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Not Available Plan (SWP)Systematic Transfer : Not AvailablePlan (STP)

Dividend : 77.16(Payout, Reinvestment & Sweep)Growth (w.e.f. 06/03/08) : 9.07


Entry Load : Nil

Exit Load : Nil


Beta : 1.04

Mr. Ajay Garg

Key Features



Other Parameter

(as on July 31, 2009)


07

An open-ended 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


Birla Sun Life Tax Relief ‘96 - Dividend BSE 200

% R

etur

ns

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.

SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Tax Relief ‘96...


Date of First Installment : April 01, 1996




Tax Relief ‘96Birla Sun Life Tax

Relief ‘96BSE 200 BSE 200


Since Inception 160000 567805 1586726 17.48 30.88

Last 5 years 60000 90098 88868 16.28 15.72

Last 3 years 36000 42636 41882 11.31 10.09

Last 1 year 12000 17106 17605 87.76 97.13




Banks 15.12State Bank of India 3.34ICICI Bank Ltd. 3.00HDFC Bank Ltd. 2.76ING Vysya Bank Ltd. 2.58Axis Bank Ltd. 2.53Kotak Mahindra Bank Ltd. 0.90

Industrial Capital Goods 8.47Bharat Heavy Electricals Ltd. 3.28Honeywell Automation India Ltd. 2.80Crompton Greaves Ltd. 1.51Bharat Bijlee Ltd. 0.56Siemens Ltd. 0.32

Software 8.39Infosys Technologies Ltd. 5.32Tata Consultancy Services Ltd. 1.94Wipro Ltd. 1.13

Power 8.18Reliance Infrastructure Ltd. 4.44Torrent Power Ltd. 2.54GVK Power & Infrastructure Ltd. 1.20

Petroleum Products 7.96Reliance Industries Ltd. 5.95Reliance Petroleum Ltd. 2.01

Finance 7.90HDFC Ltd. 3.26

ICRA Ltd. 3.19India Infoline Ltd. 1.45

Ferrous Metals 7.16Jindal Steel & Power Ltd. 4.60Tata Steel Limited 2.56

Construction Project 5.55Larsen & Toubro Ltd. 5.55

Telecom-Services 4.55Bharti Airtel Ltd. 3.02Reliance Communications Ltd. 1.52

Hotels 4.30Indian Hotels Company Limited 2.51Taj GVK Hotels & Resorts Ltd. 1.02Asian Hotels Ltd. 0.77

Auto 3.79Maruti Suzuki India Ltd. 2.21Mahindra & Mahindra Ltd. 1.58

Non - Ferrous Metals 3.63Hindalco Industries Ltd. 1.84Sterlite Industries (India) Ltd. 1.78

Consumer Non Durables 3.18United Breweries Holdings Ltd. 1.51United Spirits Ltd. 1.04Radico Khaitan Ltd. 0.63

Auto Ancillaries 3.14Bosch Ltd. 1.86MRF Ltd. 1.28

Pesticides 2.21United Phosphorus Ltd. 1.89Rallis India Ltd. 0.32

Industrial Products 1.77Cummins India Ltd. 1.77

Transportation 1.29Jet Airways India Ltd. 0.78Container Corporation of India Ltd. 0.51

Media & Entertainment 1.12Television Eighteen India Ltd. 1.12Magnasound India Ltd. ** #

Foreign Equity 0.88Sterlite Industries (India) Ltd - ADR 0.88

Trading 0.26Uniphos Enterprises Ltd. 0.26






11.6814.10

21.47

32.66

8.45

13.98

22.72

13.67

0

10

20

30

40


A u g u s t 2 0 0 9

Fund Details


08

As on July 31, 2009

Birla Sun Life Infrastructure Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : Since inceptionTotal Experience : 20 yearsDate of inception : March 17, 2006Nature of the scheme : An Open-ended Growth Scheme

Default option : Dividend ReinvestmentPlan AFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Plan BFresh Purchase : Rs. 5,00,000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Plan ADividend : 12.14( )Growth : 14.24Plan BDividend : 10.21(Payout, Reinvestment & Sweep)Growth : 10.64

Benchmark : S&P CNX NIFTYAverage AUM : Rs. 499.31 Crores

Entry Load : For Plan A: Nil

For Plan B: Nil

Exit Load** : For Plan A: < Rs. 5 crores – 1% (w.e.f August 06, 2009) if redeemed / switched out within

3 years > Rs. 5 Crores – Nil.For Plan B: If redeemed / switched out within 15 days from the date of allotment - 1%.After 15 days – Nil.**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.


Beta : 1.11

Mr. Mahesh Patil


Key Features



Other Parameter

(as on July 31, 2009)


An open-ended 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.


Birla Sun Life Infrastructure Fund - Plan A - Growth S&P CNX Nifty

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Infrastructure Fund...






Infrastructure FundBirla Sun Life

Infrastructure FundS&P CNX NIFTY S&P CNX NIFTY


Since Inception 40000 47688 49293 10.56 12.60

Last 3 year 36000 42031 43584 10.33 12.83

Last 1 year 12000 16284 17794 72.60 100.71




Power 16.96KEC International Ltd. 2.57

Torrent Power Ltd. 2.20

CESC Ltd. 1.91

Jyoti Structures Ltd. 1.79

GVK Power & Infrastructure Ltd. 1.79


PTC India Ltd 1.55

NTPC Ltd. 1.45

Reliance Infrastructure Ltd. 1.28

Kalpataru Power Transmission Ltd. 0.71

Industrial Capital Goods 11.37Thermax Ltd. 1.82

Crompton Greaves Ltd. 1.69

Suzlon Energy Ltd. 1.60

BEML Ltd. 1.53




Elecon Engineering Company Ltd. 0.77

Bharati Shipyard Ltd. 0.58

McNally Bharat Engineering Co Ltd 0.24


Axis Bank Ltd. 2.02


HDFC Bank Ltd. 1.92

The South Indian Bank Ltd. 1.63

Bank of Baroda 1.01



Punj Lloyd Ltd. 1.53


Voltas Ltd. 1.01




Unitech Ltd. 1.35

Sadbhav Engineering Ltd. 0.77

Mahindra Lifespace Developers Ltd. 0.74

Madhucon Projects Ltd. 0.65

ITD Cementation India Ltd. 0.60

IRB Infrastructure Developers Limited 0.05




Power Finance Corporation Ltd 1.67

Rural Electrification Corporation Ltd. 1.49


Industrial Products 2.55Sintex Industries Ltd. 1.05

Kirloskar Oil Engines Ltd. 0.84

Finolex Cables Ltd. 0.66

Transportation 2.44Container Corporation of India Ltd. 1.79

Arshiya International Ltd 0.40

Gateway Distriparks Ltd. 0.26

Cement 2.43Grasim Industries Ltd. 1.29

Jaiprakash Associates Ltd. 1.14


Maharashtra Seamless Ltd. 0.38

Welspun Gujarat Stahl Rohren Ltd. 0.34


Taj GVK Hotels & Resorts Ltd. 0.72

Gas 1.84Gujarat Gas Company Ltd. 1.84



Consumer Non Durables 0.90Anant Raj Industries Limited 0.90

Minerals/Mining 0.22Gujarat Minerals Development Corp Ltd. 0.22






««««V #alue Research RatingBirla Sun Life Infrastructure Fund Plan A


13.89

15.95

11.04

6.46

13.43

9.60

0

5

10

15

20

1 Year 3 Years Since Inception

A u g u s t 2 0 0 9

Fund Details


As on July 31, 2009

09

Birla Sun Life Basic Industries Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : November 30,2007Total Experience : 11 yearsDate of inception : January 15, 2000Nature of the scheme : An Open-ended Growth Scheme

Default option : Dividend ReinvestmentFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issued Systematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Dividend : 25.57(Payout, Reinvestment & Sweep)Growth : 79.72


Entry Load : Nil

Exit Load** : < Rs. 5 crores – 1% if redeemed/ (w.e.f August 03, 2009) switched out within 3 years



Beta : 1.00

Mr. Ankit Sancheti

Key Features



Other Parameter

(as on July 31, 2009)


A multi-sector open-ended 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 and commodity pricing cycles. The investments will be in companies which are often referred to as cyclical companies.


Birla Sun Life Basic Industries Fund - Growth BSE 200

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Basic Industries Fund...


Date of First Installment : March 01, 2000



Investment Period Total Investment (Rs.) Birla Sun Life Basic

Industries FundBirla Sun Life Basic

Industries FundBSE 200 BSE 200


Since Inception 113000 322668 474045 21.26 28.91

Last 5 years 60000 90098 88654 16.28 15.62

Last 3 years 36000 42636 41987 11.31 10.26

Last 1 year 12000 17106 16969 87.76 85.22




Power 16.79Jyoti Structures Ltd. 3.35

NTPC Ltd. 2.54

Neyveli Lignite Corporation Ltd. 2.19




PTC India Ltd 1.40


KEC International Ltd. 1.16

Industrial Capital Goods 13.90BEML Ltd. 2.80




Apar Industries Ltd. 2.05

McNally Bharat Engineering Co Ltd. 0.95




Bharat Petroleum Corporation Ltd. 0.94


Banks 7.93Bank of Baroda 2.61

ICICI Bank Ltd. 2.44

The Jammu And Kashmir Bank Ltd. 1.57

Union Bank of India 1.31

Consumer Non Durables 6.48Balrampur Chini Mills Ltd. 3.60

Mcleod Russel India Ltd. 2.88





India Infoline Ltd. 1.25

LIC Housing Finance Ltd. 0.79




Nagarjuna Construction Company Ltd. 0.82

Cement 5.02Ultratech Cement Ltd. 1.91

Jaiprakash Associates Ltd. 1.75

ACC Ltd. 0.89

Orient Paper & Industries Ltd. 0.46


Sintex Industries Ltd. 1.51

TRF Ltd. 0.81

Auto 3.53Mahindra & Mahindra Ltd. 1.92

Bajaj Auto Ltd. 1.61

Construction 2.71IVRCL Infrastructures & Projects Ltd. 2.71


Ferrous Metals 1.50Jindal Steel & Power Ltd. 1.50

Auto Ancillaries 1.37Exide Industries Ltd. 1.37

Non - Ferrous Metals 1.31Hindustan Zinc Ltd. 1.31

Gas 0.95GAIL India Ltd. 0.93

Gujarat Gas Company Ltd. 0.03





8.99

13.47

23.53 24.29

8.45

13.98

22.72

12.10

0

10

20

30


A u g u s t 2 0 0 9

Fund Details


10

Birla Sun Life India GenNext FundAs on July 31, 2009


Large

Mid

Small

Investment Style



Managing Fund Since : September 12,2007Total Experience : 19 years / 20 yearsDate of inception : August 05, 2005Nature of the scheme : An Open-ended Growth Scheme




Entry Load : Nil

Exit Load** : < Rs. 5 crores – 1% if redeemed/ (w.e.f August 03, 2009) switched out within 3 years



Beta : 0.76

Mr. A.Balasubramanian &

Key Features



Other Parameter

(as on July 31, 2009)


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.


Birla Sun Life India GenNext Fund - Growth S&P CNX Nifty

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life India GenNext Fund...


Date of First Installment : September 01, 2005



Investment Period Total Investment (Rs.) Birla Sun Life India

GenNext FundBirla Sun Life India

GenNext FundS&P CNX NIFTY S&P CNX NIFTY


Since Inception 47000 59693 56810 12.24 9.66

Last 3 years 36000 42031 40756 10.33 8.23

Last 1 year 12000 16284 15539 72.60 59.19





Britannia Industries Ltd. 4.84

Marico Ltd. 4.41

Bata India Ltd. 4.08

Berger Paints India Ltd. 1.47

Media & Entertainment 14.68HT Media Ltd. 3.45

Television Eighteen India Ltd. 3.23

Jagran Prakashan Ltd. 2.93

PVR Ltd. 2.17

Zee News Ltd. 1.37

Zee Entertainment Enterprises Ltd. 1.35

Dish TV India Ltd. 0.19

Banks 11.20Kotak Mahindra Bank Ltd. 4.16

Yes Bank Ltd. 3.81


Auto 10.15


Hero Honda Motors Ltd. 3.41


Finance 6.72


Network 18 Media and Investments Ltd. 1.65

Telecom-Services 6.43

Bharti Airtel Ltd. 3.92

Idea Cellular Ltd. 2.51

Diversified 3.86

Hindustan Unilever Ltd. 3.86

Construction 3.75

Mahindra Lifespace Developers Ltd. 3.75

Transportation 3.41Jet Airways India Ltd. 3.41

Petroleum Products 2.39Castrol India Ltd. 2.39

Software 2.34Everonn Systems India Ltd. 2.34


Retailing 1.24Shoppers Stop Ltd. 1.24





10.26

14.3415.13

6.46

13.43

18.14

0

5

10

15

20


A u g u s t 2 0 0 9

Fund Details


11

As on July 31, 2009

Birla Sun Life Advantage Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : September 12,2007Total Experience : 19 yearsDate of inception : February 24, 1995Nature of the scheme : An Open-ended Growth Scheme



Benchmark : BSE SENSEXAverage AUM : Rs. 367.03 Crores

Entry Load : Nil




Beta : 1.05

Mr. A.Balasubramanian

Key Features



Other Parameter

(as on July 31, 2009)


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.


Birla Sun Life Advantage Fund - Growth BSE Sensex

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Advantage Fund...






Advantage FundBirla Sun Life

Advantage FundBSE SENSEX BSE SENSEX


Since Inception 173000 576247 1047363 15.31 22.44

Last 5 years 60000 92699 84381 17.44 13.61

Last 3 years 36000 42231 40792 10.66 8.29

Last 1 year 12000 16702 17001 80.26 85.82




Industrial Capital Goods 12.06Bharat Heavy Electricals Ltd. 3.83


Thermax Ltd. 1.42

Areva T&D India Ltd. 1.38

ABB Ltd. 1.26

Siemens Ltd. 1.24

Emco Ltd. 1.10



HDFC Bank Ltd. 2.71

Bank of Baroda 0.99







Mphasis Ltd. 1.61

Core Projects & Technologies Ltd. 1.31

Wipro Ltd. 1.05



Tata Communications Limited. 1.05


Ferrous Metals 8.02Jindal Steel & Power Ltd. 4.43


Consumer Non Durables 7.22United Spirits Ltd. 2.48

Balrampur Chini Mills Ltd. 1.85

ITC Ltd. 1.78

Tata Tea Ltd. 1.11





Finance 3.43LIC Housing Finance Ltd. 1.79

HDFC Ltd. 1.63

Cement 2.34The India Cements Ltd. 1.34

Century Textiles and Industries Ltd 1.00

Construction 2.12Unitech Ltd. 2.03

Dharti Dredging and Infrastructure Ltd** 0.09


** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 0.09% # Indicates less than 0.01

Auto 1.84Maruti Suzuki India Ltd. 1.84

Diversified 1.67Aditya Birla Nuvo Ltd. 1.67


Media & Entertainment 1.42Television Eighteen India Ltd. 1.03Sun TV Network Limited 0.39

Foreign Equity 1.29Sterlite Industries (India) Ltd - Ads 1.29

Pharmaceuticals 1.16Pfizer Ltd. 1.16

Transportation 1.01Shipping Corporation of India Ltd. 1.01


IT Consulting & Services #Karrox Technologies Ltd ** #




10.44 10.05

22.2520.98

8.43

13.01

24.37

11.11

0

10

20

30


A u g u s t 2 0 0 9

Fund Details

12

As on July 31, 2009

Birla Sun Life Tax PlanAn open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : September 12,2007Total Experience : 20 yearsDate of inception : February 16, 1999Nature of the scheme : An Open-ended ELSS Scheme

Default option : Dividend PayoutFresh Purchase : Rs. 500/-Additional Purchase : Rs. 500/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Not Available Plan (SWP)Systematic Transfer : Not AvailablePlan (STP)


Benchmark : BSE SENSEXAverage AUM : Rs. 135.73 Crores

Entry Load : Nil

Exit Load : Nil


Beta : 0.94

Mr. Sanjay Chawla

Key Features



Other Parameter

(as on July 31, 2009)


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.



Birla Sun Life Tax Plan - Dividend BSE Sensex

% R

etur

ns

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.

SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Tax Plan...






Tax PlanBirla Sun Life

Tax PlanBSE SENSEX BSE SENSEX


Since Inception 125000 355565 487560 18.98 24.54

Last 5 years 60000 92699 81811 17.44 12.36

Last 3 years 36000 42231 38582 10.66 4.55

Last 1 year 12000 16702 15980 80.26 67.10




Industrial Capital Goods 10.04Bharat Electronics Ltd. 3.46



Bharat Bijlee Ltd. 1.10


Petroleum Products 10.02Indian Oil Corporation Ltd. 3.77

Reliance Petroleum Ltd. 3.56

Reliance Industries Ltd. 2.70

Transportation 8.33Mundra Port and Special Eco Zone Ltd. 4.55

Container Corporation of India Ltd. 3.78

Cement 6.67Jaiprakash Associates Ltd. 4.08

Ultratech Cement Ltd. 1.37

Madras Cements Ltd. 1.21

Non - Ferrous Metals 5.41Hindalco Industries Ltd. 2.76

Sterlite Industries (India) Ltd. 1.33

Hindustan Zinc Ltd. 1.31

Banks 4.67HDFC Bank Ltd. 3.10




Pharmaceuticals 4.45Dishman Pharmaceuticals & Chemicals Ltd. 2.94

Biocon Ltd. 1.50



Magnasound India Ltd. ** #

Auto Ancillaries 3.74Goodyear India Ltd. 2.47

Everest Kanto Cylinder Ltd. 1.27


Ferrous Metals 3.46Monnet Ispat and Energy Limited 2.55

Steel Authority of India Ltd. 0.91


Power 2.69Tata Power Company Ltd. 2.69

Construction 2.09Simplex Infrastructures Ltd. 2.09



Industrial Products 1.55TRF Ltd. 1.55

Gas 1.06Indraprastha Gas Ltd. 1.06

Retailing 0.29Pantaloon Retail (India) Ltd. -Class B 0.29





** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is Nil# Indicates less than 0.01

3.49

9.56

23.1124.74

8.43

13.01

24.37

15.73

0

10

20

30


A u g u s t 2 0 0 9

Fund Details

13

As on July 31, 2009


Birla Sun Life Index Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : October 01,2007Total Experience : 15 yearsDate of inception : September 18, 2002Nature of the scheme : An Open-ended Index Linked

Growth Scheme

Default option : Dividend ReinvestmentFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 Working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Not Available Plan (SWP)Systematic Transfer : Not AvailablePlan (STP)



Entry Load : Nil

Exit Load** : < Rs. 5 crores - 1% if redeemed / switched out within 15 days ³ Rs. 5 crores - Nil**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.


Beta : 0.98

Mr. Ajay Garg

Key Features



Other Parameter

(as on July 31, 2009)


An open-ended index-linked growth scheme with the objective to generate returns commensurate with the performance of Nifty subject to tracking errors.


% R

etur

ns

Birla Sun Life Index Fund - Growth S&P CNX NiftyPast 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.

SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Index Fund...






Index FundBirla Sun Life

Index FundS&P CNX NIFTY S&P CNX NIFTY


Since Inception 82000 170945 166716 21.17 20.45

Last 5 years 60000 90556 88855 16.49 15.71

Last 3 years 36000 42031 41617 10.33 9.66

Last 1 year 12000 16284 16284 72.50 72.60





HDFC Bank Ltd. 3.45


Axis Bank Ltd. 1.27

Punjab National Bank 0.62





Wipro Ltd. 1.00

HCL Technologies Ltd. 0.34

Construction Projects 5.92Larsen & Toubro Ltd. 5.92




Tata Communications Ltd. 0.23



Power 4.54Tata Power Company Ltd. 1.29

NTPC Ltd. 1.25


Power Grid Corporation of India Ltd 0.45

Reliance Power Ltd 0.41


Auto 4.03Maruti Suzuki India Limited 1.25



Tata Motors Ltd. 0.67


Siemens Ltd. 0.49

ABB Ltd. 0.48


Ferrous Metals 3.44Tata Steel Ltd. 1.50

Jindal Steel & Power Ltd 1.26

Steel Authority of India Ltd. 0.69



Cement 2.45Grasim Industries Ltd. 1.26

ACC Ltd. 0.60

Ambuja Cements Ltd. 0.59

Non-Ferrous Metals 2.09Sterlite Industries India Ltd. 1.19

Hindalco Industries Ltd. 0.73

National Aluminium Company Ltd. 0.17


Pharmaceuticals 1.75Cipla Ltd. 0.87

Sun Pharmaceutical Industries Ltd. 0.59

Ranbaxy Laboratories Ltd. 0.28

Construction 1.57DLF Ltd. 0.96

Unitech Ltd. 0.60

Gas 1.00GAIL (India) Ltd. 1.00

Future and Options 15.46CNX Nifty Future Aug 09 15.46





6.45

12.32

22.04

25.01

6.46

13.43

22.79

25.70

0

10

20

30


A u g u s t 2 0 0 9

Fund Details

14

As on July 31, 2009


Birla Sun Life New Millennium Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : September 12,2007Total Experience : 10 yearsDate of inception : January 15, 2000Nature of the scheme : An Open-ended Growth Scheme



Benchmark : BSE TeckAverage AUM : Rs. 57.89 Crores

Entry Load : Nil




Beta : 1.00

Mr. Atul Penkar

Key Features



Other Parameter

(as on July 31, 2009)

A multi-sector open-ended 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.


% R

etur

ns

Birla Sun Life New Millennium Fund - Growth BSE TeckPast 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.

SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life New Millennium Fund...





Investment Period Total Investment (Rs.) Birla Sun Life New

Millennium FundBirla Sun Life New Millennium Fund

BSE Teck BSE Teck


Since Inception 113000 221238 238317 13.74 15.23

Last 5 years 60000 73104 71470 7.84 6.94

Last 3 years 36000 36213 35435 0.38 -1.03

Last 1 year 12000 15729 16134 62.57 69.89




Software 65.09

Infosys Technologies Ltd. 24.77


Mphasis Ltd. 4.91

Wipro Ltd. 3.87

Infotech Enterprises Ltd. 3.30

Patni Computer Systems Ltd. 3.11

3i Infotech Ltd. 3.05

Sasken Communication Technologies Ltd. 2.74

Oracle Financial Services Software Ltd. 2.59

Everonn Systems India Ltd. 2.35


Subex Ltd. 1.32

Megasoft Ltd. 1.32





Media & Entertainment 5.16


Television Eighteen India Ltd. 0.71

Balaji Telefilms Ltd. 0.41




Hardware 3.51

Allied Digital Services Ltd. 3.51

Finance 1.53






-5.42

3.10

17.49

4.76

-2.19

3.80

16.89

-0.48

-10

0

10

20

1 Year

3 Years 5 Years Since Inception

A u g u s t 2 0 0 9

Fund Details

15

As on July 31, 2009


Birla Sun Life Top 100 Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : October 01,2007Total Experience : 16 yearsDate of inception : October 24, 2005Nature of the scheme : An Open-ended Growth Scheme




Entry Load : Nil




Beta : 0.83

Mr. Ajay Argal

Key Features



Other Parameter

(as on July 31, 2009)

An open-ended growth scheme with the objective to provide medium to longterm capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities of top 100 companies as measured by market capitalization.


Birla Sun Life Top 100 Fund - Growth S&P CNX Nifty

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Top 100 Fund...


Date of First Installment : November 01, 2005



Investment Period Total Investment (Rs.) Birla Sun Life Top

100 FundBirla Sun Life Top

100 FundS&P CNX NIFTY S&P CNX NIFTY


Since Inception 45000 56003 54443 11.69 10.15

Last 3 years 36000 42031 41472 10.33 9.42

Last 1 year 12000 16284 16146 72.60 70.10





Axis Bank Ltd. 2.93

HDFC Bank Ltd. 2.73



Bank of Baroda 0.95



Wipro Ltd. 2.68




BEML Ltd. 1.16

Thermax Ltd. 0.24


Shree Renuka Sugar 2.34



Oil 6.53Oil & Natural Gas Corporation Ltd. 5.08Cairn India Ltd. 1.45

Auto 6.45Tata Motors Ltd. 2.30Hero Honda Motors Ltd. 2.06Maruti Suzuki India Ltd. 1.16Mahindra & Mahindra Ltd. 0.93


Pharmaceuticals 5.35Dr.Reddys Laboratories Ltd. 3.35Ranbaxy Laboratories Ltd. 1.08Sun Pharmaceutical Industries Ltd. 0.93

Construction 3.68Housing Development & Infrastructure Ltd. 1.95IVRCL Infrastructures & Projects Ltd. 1.73

Cement 3.67ACC Ltd. 2.32Ultratech Cement Ltd. 1.35

Finance 3.45Housing Development Finance Corp. Ltd. 3.45

Power 3.41PTC India Ltd 2.00Reliance Infrastructure Ltd. 1.41

Non - Ferrous Metals 3.15Hindalco Industries Ltd. 2.19Sterlite Industries (India) Ltd. 0.97

Construction Project 2.88Larsen & Toubro Ltd. 2.22Punj Lloyd Ltd. 0.67


Auto Ancillaries 1.07Bosch Ltd. 1.07

Transportation 1.01Gateway Distriparks Ltd. 1.01

Future and Options 1.11Tata Steel FUT Aug 09 1.11






13.71

11.54

16.25

6.46

13.43

19.47

0

5

10

15

20

25


A u g u s t 2 0 0 9

Fund Details

16

As on July 31, 2009

Birla Sun Life Buy India Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : September 12,2007Total Experience : 15 yearsDate of inception : January 15, 2000Nature of the scheme : An Open-ended Growth Scheme




Entry Load : Nil




Beta : 0.80

Mr. Ajay Garg

Key Features



Other Parameter

(as on July 31, 2009)


A multi-sector open-ended 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.



Birla Sun Life Buy India Fund - Growth BSE 200

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Buy India Fund...






Buy India FundBirla Sun Life

Buy India FundBSE 200 BSE 200


Since Inception 113000 322668 367433 21.26 23.84

Last 5 years 60000 90098 88344 16.28 15.48

Last 3 years 36000 42636 42383 11.31 10.90

Last 1 year 12000 17106 16835 87.76 82.73




Consumer Non Durables 20.85United Spirits Ltd. 5.96

E.I.D. Parry (India) Ltd. 4.86

Tata Tea Ltd. 3.15

Radico Khaitan Ltd 2.73

ITC Ltd. 2.32

United Breweries Holdings Ltd 1.83

Banks 17.15State Bank of India 4.71



Axis Bank Ltd. 2.55


HDFC Bank Ltd. 1.39

Pharmaceuticals 9.51Glaxosmithkline Pharmaceuticals Ltd. 4.95

Aventis Pharma Ltd. 4.56





Auto Ancillaries 6.00Bosch Ltd. 3.62

Sundaram-Clayton Ltd. 2.37

Pesticides 5.63Rallis India Ltd. 5.63


Reliance Communications Ltd 2.56

Hotels 5.23Taj GVK Hotels & Resorts Ltd. 2.05

Asian Hotels Ltd. 1.91

Indian Hotels Company Limited 1.27



PVR Ltd. 1.37

UTV Software Communications Ltd. 0.76


Transportation 1.43Jet Airways India Ltd. 1.43

Retailing #Trent Ltd. - Warrants** #






16.61

11.03

27.08

12.16

8.45

13.98

22.72

12.10

0

5

10

15

20

25

30


A u g u s t 2 0 0 9

Fund Details

17

As on July 31, 2009


Birla Sun Life MNC Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : June 18, 2009Total Experience : 15 yearsDate of inception : December 27, 1999Nature of the scheme : An Open-ended Growth Scheme



Benchmark : S & P CNX MNCAverage AUM : Rs. 148.02 Crores

Entry Load : Nil




Beta : 0.85

Mr. Ajay Garg

Key Features



Other Parameter

(as on July 31, 2009)


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.


Birla Sun Life MNC Fund - Growth S&P CNX MNC

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life MNC Fund...


Date of First Installment : January 01, 2000




MNC FundBirla Sun Life

MNC FundS & P CNX MNC S & P CNX MNC


Since Inception 115000 249299 318182 15.48 20.24

Last 5 years 60000 90216 84849 16.33 13.84

Last 3 years 36000 43899 43124 13.33 12.10

Last 1 year 12000 17102 17046 87.69 86.65




Consumer Non Durables 16.42

Colgate-Palmolive (India) Ltd. 5.77

Glaxosmithkline Consumer Healthcare Ltd. 5.52

ITC Ltd. 2.78

Kansai Nerolac Paints Ltd. 2.36

Visakha Aqua Farms Ltd** #

Pharmaceuticals 16.11

Pfizer Ltd. 5.79

Glaxosmithkline Pharmaceuticals Ltd. 3.78

Wyeth Ltd. 3.61

Fulford (India) Ltd. 2.93

Industrial Capital Goods 13.70


Honeywell Automation India Ltd. 3.29


ABB Ltd. 1.94

Siemens Ltd. 1.81

Finance 11.50

CRISIL Ltd. 6.55

ICRA Ltd. 4.95

Banks 8.26


Yes Bank Ltd. 3.55

Auto Ancillaries 6.59

Bosch Ltd. 4.34

Wabco TVS India Ltd 1.38

Federal-Mogul Goetze (India) Ltd. 0.86

Gas 5.25

Gujarat Gas Company Ltd. 5.25

Auto 5.23


Industrial Products 5.03

Cummins India Ltd. 3.99

FAG Bearings India Ltd. 1.04

Software 3.72

Mphasis Ltd. 1.86

Oracle Financial Services Software Ltd. 1.86



Oil 2.26


Construction 1.15


Paper #

Jainpur Straw Board & Papers Ltd. ** #

Textiles #

Sri Venkatesha Mills Ltd** #

Textiles-Synthetic #

Maruti Cottex Ltd** #

Sree Jayalakshmi Autospin Ltd.** #





5-Star Award by @ICRABirla Sun Life MNC Fund

Open Ended Diversified Equity - Aggressive (51 Schemes), 1 year ended 31-Dec-08



21.48

10.51

21.04

13.97

23.96

10.58

23.69

8.25

0

5

10

15

20

25

30


A u g u s t 2 0 0 9

Fund Details

18

As on July 31, 2009


Birla Sun Life India Opportunities Fund


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : September 12, 2007Total Experience : 10 yearsDate of inception : December 27, 1999Nature of the scheme : An Open-ended Growth Scheme



Benchmark : S & P CNX 500Average AUM : Rs. 42.73 Crores

Entry Load : Nil



Standard Deviation : 35.53%##Sharpe Ratio : -0.10

Beta : 0.84

Mr. Atul Penkar

Key Features



Other Parameter

(as on July 31, 2009)


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.


Birla Sun Life India Opportunities Fund - Growth S&P CNX 500

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life India Opportunities Fund...


Date of First Installment : January 01, 2000



Investment Period Total Investment (Rs.) Birla Sun Life India

Opportunities FundBirla Sun Life India Opportunities Fund

S & P CNX 500 S & P CNX 500


Since Inception 115000 321743 235935 20.46 14.40

Last 5 years 60000 88043 67314 15.34 4.55

Last 3 years 36000 42269 36253 10.72 0.46

Last 1 year 12000 17007 17079 85.93 87.27






Mphasis Ltd. 5.11

Infotech Enterprises Ltd. 3.19

Wipro Ltd. 2.77

Patni Computer Systems Ltd. 2.44

Sasken Communication Technologies Ltd. 1.85


Collabera Solutions Pvt. Ltd. #

Industrial Capital Goods 11.08Honeywell Automation India Ltd. 5.30


AIA Engineering Ltd. 1.93


Golden Laminates Ltd. ** 0.11


Construction Project 4.74Voltas Ltd. 2.64




Dishman Pharmaceuticals & Chemicals Ltd. 1.23


Industrial Products 3.91Cummins India Ltd. 2.05


Sree Rama Polymers Ltd** #

Finance 2.77CRISIL Ltd. 2.77

Telecom-Services 2.43Reliance Communications Ltd. 2.43

Hardware 2.17Allied Digital Services Ltd. 2.17

Auto Ancillaries 2.10Apollo Tyres Ltd. 2.10



Pesticides 1.83

United Phosphorus Ltd. 1.83

Ferrous Metals 1.45


Media & Entertainment #


Paper #

Jainpur Straw Board & Papers Ltd. ** #

Consumer Non Durables #

Oriqua Ltd ** #

Future and Options 7.12

CNX Nifty Futures AUG 2009 7.12






0.37

-0.22

13.04

5.648.19

13.27

22.32

12.60

-5

0

5

10

15

20

25


A u g u s t 2 0 0 9

Fund Details

19

As on July 31, 2009


Birla Sun Life Dividend Yield Plus


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : November 30,2007Total Experience : 11 yearsDate of inception : February 26, 2003Nature of the scheme : An Open-ended Growth Scheme



Benchmark : S & P CNX 500Average AUM : Rs. 253.89 Crores

Entry Load : Nil




Beta : 0.78

Mr. Ankit Sancheti

Key Features



Other Parameter

(as on July 31, 2009)


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.


Birla Sun Life Dividend Yield Plus - Growth S & P CNX 500

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Dividend Yield Plus...






Dividend Yield PlusBirla Sun Life

Dividend Yield PlusS & P CNX 500 S & P CNX 500


Since Inception 77000 147722 154761 20.09 21.54

Last 5 years 60000 88043 92073 15.34 17.17

Last 3 years 36000 42269 47359 10.72 18.67

Last 1 year 12000 17007 17216 85.93 89.82




Consumer Non Durables 14.95Glaxosmithkline Consumer Healthcare Ltd. 3.67

E.I.D. Parry (India) Ltd. 2.78


Kansai Nerolac Paints Ltd. 1.81

Procter & Gamble Hygiene & Health Care Ltd. 1.59

Berger Paints India Ltd. 1.25

United Spirits Ltd. 1.11

Goodricke Group Ltd. 0.39

Banks 13.79Andhra Bank 3.89


Corporation Bank 2.49

Oriental Bank of Commerce 1.81


The Jammu And Kashmir Bank Ltd 1.04

Pharmaceuticals 10.66Wyeth Ltd. 5.51

Glaxosmithkline Pharmaceuticals Ltd. 3.67

Pfizer Ltd. 1.48



Castrol India Ltd. 1.68



Gujarat Industries Power Company Ltd. 2.31

Neyveli Lignite Corporation Ltd. 1.05


Finance 4.44Rural Electrification Corporation Ltd. 2.59

LIC Housing Finance Ltd. 1.84

Paper 4.11Tamil Nadu Newsprint & Papers Ltd. 2.22

Ballarpur Industries Ltd. 1.89

Industrial Capital Goods 3.70Apar Industries Ltd. 1.65


Thermax Ltd. 0.75


GAIL India Ltd. 1.44

Software 2.593i Infotech Ltd. 1.72

HCL Technologies Ltd. 0.86

Fertilisers 2.46Chambal Fertilisers & Chemicals Ltd. 1.96

Rashtriya Chemicals & Fertilizers Ltd. 0.50

Cement 2.40Kesoram Industries Ltd. 1.38ACC Ltd. 1.02

Ferrous Metals 2.04PSL Ltd. 1.25Tata Steel Limited 0.79

Consumer Durables 1.72Bajaj Electricals Ltd. 1.72

Transportation 1.70Gateway Distriparks Ltd. 0.92The Great Eastern Shipping Co. Ltd 0.78


Construction 1.46Indiabulls Real Estate Ltd. 1.46

Industrial Products 1.36Cosmo Films Ltd. 1.01Kirloskar Brothers Ltd. 0.34

Auto Ancillaries 0.58Goodyear India Ltd. 0.58





5-Star Award by @ICRABirla Sun Life Dividend Yield Plus

Open Ended Diversified Equity - Aggressive (51 Schemes), 1 year ended 31-Dec-08


CRISIL~CPR 2^^Birla Sun Life Dividend Yield Plus

Diversified Equity Schemes - Equity ( Schemes), 5 72 Yrs ended 30-Jun-09

29.02

17.03

22.04

31.07

8.19

13.27

22.32

28.20

0

10

20

30

40


A u g u s t 2 0 0 9

20

As on July 31, 2009

Investment ObjectiveFund Details

Birla Sun Life International Equity Fund - Plan A

Fund Manager :Mr. Vineet Maloo

Managing Fund Since : Since InceptionTotal Experience : 20 years / 5 yearsDate of inception : October 31, 2007Nature of the scheme : An Open-ended Diversified

Equity Scheme



Benchmark : S&P Global 1200Average AUM : Rs. 143.72 Crores

Entry Load : Nil



Standard Deviation : 21.78%##Sharpe Ratio : -0.79

Beta : 0.70

Mr. Mahesh Patil &

Key Features



Other Parameter

(as on July 31, 2009)

Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer##Risk-free rate assumed to be 3.22%(91 day T-bill yield as on July 31, 2009)

The

An open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the international markets.


Birla Sun Life International Equity Fund Plan A - Growth S&P Global 1200

% R

etur

ns


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...


Date of First Installment : December 01, 2007



Investment Period Total Investment (Rs.) Birla Sun Life International

Equity Fund - Plan ABirla Sun Life International

Equity Fund - Plan AS&P Global

1200S&P Global

1200


Since Inception 20000 19753 19574 -1.42 -2.45

Last 1 year 12000 13132 12911 18.04 14.43




Foreign Equity 94.57

MTR Corp 4.37

Taiwan Semiconductor Manu Company Ltd. 4.30

Nestle SA 4.27

Coca-Cola Co 4.08

Teva Pharmaceutical Industries Ltd 4.07

China Construction Bank Corp 3.83

Pride International Inc 3.66

Cheung Kong Infrastructure Holdings Ltd 3.49

StatoilHydro ASA 3.33

Bayer AG 3.31

Wharf Holdings Ltd 3.26

Procter & Gamble Co 3.15

Itau Unibanco Holding SA 2.80

Industrial & Commercial Bank of China 2.68

Roche Holding AG 2.64

Akzo Nobel NV 2.64

China Mobile Ltd 2.60

Northrop Grumman Corp 2.58

Noble Corp 2.29

Sterlite Industries (India) Ltd - ADR 2.24

Microsoft Corp 2.22

Oracle Corp 2.15

Wal-Mart Stores Inc 2.09

Aetna Inc 1.75

Foster Wheeler AG 1.69

China Oilfield Services Ltd 1.69

Exxon Mobil Corp 1.64

Coach Inc 1.61

Aeropostale Inc 1.57

Abercrombie & Fitch Co 1.55

E. ON AG 1.54

Snap- On Inc 1.51

Chubb Corp 1.50

Fortum Oyj 1.49

Iberdrola SA 1.43

Jiangsu Expressway Co Ltd 1.34

Vimpel-Communications 1.17

Renewable Energy Corp AS 1.03

Fresnillo PLC 0.04





-13.97

-10.78

-13.16

-14.40-16

-12

-8

-4

01 Year Since Inception

A u g u s t 2 0 0 9

21

As on July 31, 2009


Birla Sun Life International Equity Fund - Plan B


Managing Fund Since : Since inceptionTotal Experience : 20 years / 5 yearsDate of inception : October 31, 2007Nature of the scheme : An Open-ended Diversified

Equity Scheme



Benchmark : Customised Index†Average AUM : Rs. 540.66 Crores

†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.

Entry Load : Nil




Beta : 0.84

Mr. Mahesh Patil &

Key Features



Other Parameter

(as on July 31, 2009)

Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis.fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer##Risk-free rate assumed to be 3.22%(91 day T-bill yield as on July 31, 2009)

The

An open-ended diversified equity scheme with an objective 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.


Birla Sun Life International Equity Fund Plan B - Growth Customized Index+

% R

etur

ns


+ 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.

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...


Date of First Installment : December 01, 2007



†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.

Investment Period Total Investment (Rs.) Birla Sun Life International

Equity Fund - Plan BBirla Sun Life International

Equity Fund - Plan BCustomised

Index†Customised

Index†


Since Inception 20000 23001 22637 17.03 14.98

Last 1 year 12000 15793 15536 63.69 59.10




Foreign Equity 25.65Sterlite Industries (India) Ltd - Ads 1.56

Taiwan Semiconductor Manufacturing Co Ltd. 1.03

Tata Steel Ltd GDR 0.99

MTR Corp 0.99

Nestle SA 0.96

Wharf Holdings Ltd 0.95

Coca-Cola Co 0.92

China Construction Bank Corp 0.86

Pride International Inc 0.83

Itau Unibanco Holding SA 0.81

Industrial & Commercial Bank of China 0.78

Teva Pharmaceutical Industries Ltd 0.76

Akzo Nobel NV 0.75

StatoilHydro ASA 0.75

Bayer AG 0.74

Roche Holding AG 0.74

Procter & Gamble Co 0.74

Cheung Kong Infrastructure Holdings Ltd 0.71

Noble Corp 0.66

Microsoft Corp 0.64

Oracle Corp 0.62

China Mobile Ltd 0.59

Northrop Grumman Corp 0.58

Foster Wheeler AG 0.52

Aetna Inc 0.51

Coach Inc 0.51

China Oilfield Services Ltd 0.49

Aeropostale Inc 0.48

Abercrombie & Fitch Co 0.47

Wal-Mart Stores Inc 0.47

Exxon Mobil Corp 0.46

Snap- On Inc 0.46

Chubb Corp 0.39

E. ON AG 0.35

Fortum Oyj 0.33

Vimpel-Communications 0.33

Iberdrola SA 0.32

Renewable Energy Corp AS 0.31

Jiangsu Expressway Co Ltd 0.30


HDFC Bank Ltd. 1.77

Axis Bank Ltd. 1.69



Union Bank of India 1.13





Power 5.49Reliance Infrastructure Ltd. 1.96


NTPC Ltd. 1.13

PTC India Ltd 0.77





Siemens Ltd. 0.79

BEML Ltd. 0.73




ICRA Ltd. 2.34


United Breweries Holdings Ltd. 1.40


Cement 3.36Century Textiles and Industries Ltd 1.50

Grasim Industries Ltd. 0.96



Construction 2.85Unitech Ltd. 1.26

Housing Development & Infrastructure Ltd 1.21

D.S. Kulkarni Developers Ltd. 0.38





Ferrous Metals 2.07JSW Steel Ltd. 1.19

Tata Steel Limited 0.85

Jindal Saw Ltd. 0.03


Media & Entertainment 1.24Zee Entertainment Enterprises Ltd. 1.24

Non - Ferrous Metals 0.22Hindustan Zinc Ltd 0.22

Future and Options -1.31Reliance Industries Ltd. Fut Aug 2009 -1.31





3.71

-12.26

2.88

16.48

-15

-10

-5

0

5

10

15

20


A u g u s t 2 0 0 9

Fund Details

22

As on July 31, 2009


Birla Sun Life Special Situations Fund


Large

Mid

Small

Investment Style



Managing Fund Since : September 02, 2008Total Experience : 19 years / 20 yearsDate of inception : January 31, 2008Nature of the scheme : An Open-ended Diversified

Equity Scheme

Default option : Dividend ReinvestmentFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 business days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)



Entry Load : Nil




Beta : 0.89

Mr. A.Balasubramanian &

Key Features



Other Parameter

(as on July 31, 2009)


The

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.


Birla Sun Life Special Situations Fund - Growth BSE 200

% R

etur

ns


SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Special Situations Fund...





Investment Period Total Investment (Rs.) Birla Sun Life Special

Situations FundBirla Sun Life Special

Situations FundBSE 200 BSE 200


Since Inception 16000 21136 20285 46.47 38.53

Last 1 year 12000 17106 16362 87.76 74.03




Petroleum Products 12.21Reliance Industries Ltd. 4.63Reliance Petroleum Ltd. 3.08Indian Oil Corporation Ltd. 2.31Bharat Petroleum Corporation Ltd. 2.20

Consumer Non Durables 8.44Triveni Engineering & Industries Ltd. 2.78United Spirits Ltd. 2.29Dabur India Ltd. 2.10ITC Ltd. 1.27

Power 7.85NTPC Ltd. 2.55PTC India Ltd 2.30Tata Power Company Ltd. 1.98Reliance Infrastructure Ltd. 1.02

Cement 6.83Jaiprakash Associates Ltd. 3.25Century Textiles and Industries Ltd 2.19Grasim Industries Ltd. 1.39

Banks 6.31HDFC Bank Ltd. 3.17ICICI Bank Ltd. 3.14

Software 6.18Core Projects & Technologies Ltd. 1.75Infosys Technologies Ltd. 1.57

Patni Computer Systems Ltd. 1.56Oracle Financial Services Software Ltd. 1.30

Construction 5.44Indiabulls Real Estate Ltd. 2.28Unitech Ltd. 1.82DLF Ltd. 1.34

Industrial Products 5.00Sintex Industries Ltd. 3.12Jain Irrigation Systems Ltd. 1.88

Industrial Capital Goods 4.31Crompton Greaves Ltd. 2.80Bharat Heavy Electricals Ltd. 1.51

Telecom-Services 3.77Bharti Airtel Ltd. 2.77Idea Cellular Ltd. 1.00

Foreign Equity 2.85Sterlite Industries (India) Ltd - ADR 2.85


Pharmaceuticals 2.60Ranbaxy Laboratories Ltd. 2.60

Finance 2.56Reliance Capital Ltd. 1.64


Media & Entertainment 2.19Balaji Telefilms Ltd. 1.46Television Eighteen India Ltd. 0.73

Ferrous Metals 1.92Welspun Gujarat Stahl Rohren Ltd. 1.92

Chemicals 1.66Solar Industries India Ltd. 1.66

Paper 1.59Ballarpur Industries Ltd. 1.59

Diversified 1.48Aditya Birla Nuvo Ltd. 1.48

Textile Products 1.33Raymond Ltd. 1.33






6.11

-11.52

8.45

-11.11-15

-10

-5

0

5

10

1 Year

Since Inception

A u g u s t 2 0 0 9

23

As on July 31, 2009


Birla Sun Life Commodity Equities Fund


Managing Fund Since : Since InceptionTotal Experience : 11 years / 5 YearsDate of inception : November 07, 2008Nature of the scheme : An Open-ended Growth Scheme

Default option : Default Plan: Retail PlanDefault Option: GrowthDefault Facility: Dividend Reinvestment

Retail PlanFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Institutional PlanFresh Purchase : Rs. 5,00,00,000/-Additional Purchase : Rs. 10000/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Global Agri PlanRetail PlanDividend : 13.68(Payout, Reinvestment & Sweep)Growth : 13.68Global Multi Commodity PlanRetail PlanDividend : 11.39(Payout, Reinvestment & Sweep)Growth : 11.39Global Precious Metals PlanRetail PlanDividend : 10.37(Payout, Reinvestment & Sweep)Growth : 10.37

Benchmark (for all plans) : Global Agri business indexMSCI World indexDow Jones Precious Metals Index

Average AUMGlobal Agri Plan : Rs. 2.61 CroresGlobal Multi Commodity Plan : Rs. 5.41 CroresGlobal Precious Metals Plan : Rs. 2.16 Crores

Entry Load : Nil

Exit Load : If redeemed / switched out (w.e.f August 06, 2009) within 15 days from the date of

allotment - 1%.After 15 days – Nil.

Standard Deviation : NA##Sharpe Ratio : NA

Beta : NA

Mr. Ankit Sancheti and

Key Features



Other Parameter

(as on July 31, 2009)

An Open ended Growth Scheme with the objective to offer long term growth of capital, by investing in (1) stocks of commodity companies, i.e., companies engaged in or focusing on the specified commodity business and/or (2) overseas mutual fund scheme(s), that have similar investment objectives. These securities could be issued in India or overseas.

Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. fund has not yet completed one year since its inception so the ratios could not be calculated, ##Risk-free rate assumed to be 3.22%(91 day T-bill yield as on July 31, 2009)

The

Investment Performance(Global Multi commodity Plan)

Investment Performance(Global Agri Plan)

Investment Performance(Global Precious Metals Plan)

Birla Sun Life Commodity Equities Fund - Global Agri Plan Retail - Growth

Global Agri business index Birla Sun Life Commodity Equities Fund - Global Multi commodity - Retail Growth

MSCI World index Birla Sun Life Commodity Equities Fund - Global Precious Metal - Retail Growth

Dow Jones Precious Metal Index

Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year.



Portfolio & Asset Allocation (Global Agri Plan)

Foreign Equity 69.98Potash Corp of Saskatchewan Inc 5.96Monsanto Co 5.58Deere & Co 4.25Chaoda Modern Agriculture Holdings Ltd 4.25Mosaic Co 4.10CF Industries Holdings Inc 3.92Agrium Inc 3.86Sadia SA - Preference 3.83Bunge Ltd 3.79Syngenta AG 3.75Yara International ASA 3.56Wilmar International Ltd. 3.44Viterra Inc 3.23

Kubota Corp 2.94K+S AG 2.88FMC Corp 2.82AGCO Corp 2.67Intrepid Potash Inc 2.63Nufarm Ltd. 2.54




Portfolio & Asset Allocation (Global Multi commodity Plan)




Foreign Equity 74.46

Chevron Corp 4.61

ENI SpA 4.28

Transocean Ltd 3.82

Freeport-McMoRan Copper & Gold Inc 3.63

Petroleo Brasileiro SA 3.59

Total SA 3.56

Apache Corp 3.36

Hess Corp 3.27

Chesapeake Energy Corp 3.18

XTO Energy Inc 3.13

Vale SA 2.90

Monsanto Co 2.66

Potash Corp of Saskatchewan Inc 1.79

Barrick Gold Corp 1.70

Goldcorp Inc 1.70

Yara International ASA 1.62

Deere & Co 1.61

Syngenta AG 1.55

K+S AG 1.48

Agnico-Eagle Mines Ltd 1.48

Newmont Mining Corp 1.46

Mosaic Co 1.43

Kinross Gold Corp 1.40

CF Industries Holdings Inc 1.29

Gold Fields Ltd 1.27

Yamana Gold Inc 1.23

Geberit AG 1.16

ITT Corp 1.15

Veolia Environnement 1.15

Randgold Resources Ltd 1.12

Harmony Gold Mining Co Ltd 1.10

Agrium Inc 1.10

BHP Billiton Ltd 0.98

Portfolio & Asset Allocation (Global Precious Metals Plan)



Foreign Equity 77.60Barrick Gold Corp 5.00

Goldcorp Inc 4.69

Cia de Minas Buenaventura SA 4.62

Newmont Mining Corp 4.59

AngloGold Ashanti Ltd 4.47

Randgold Resources Ltd 4.42

Yamana Gold Inc 4.41

Harmony Gold Mining Company Ltd 4.22

Agnico-Eagle Mines Ltd 4.00

Gold Fields Ltd 3.97

Kinross Gold Corp 3.72

Newcrest Mining Ltd 3.50

Lihir Gold Ltd 3.46

IAMGOLD Corp 3.41

Eldorado Gold Corp 3.37

Silver Wheaton Corp 3.34

Royal Gold Inc 3.29

Pan American Silver Corp 3.29

Northgate Minerals Corp 3.19

Fresnillo PLC 2.66




IDEX Corp 0.93

United Utilities Group PLC 0.85

Nalco Holding Co 0.49

Northumbrian Water Group PLC 0.47

Pennon Group Plc 0.46

Severn Trent PLC 0.41

Korea Zinc Co Ltd 0.10

Shougang Concord Inter Enterprises Co Ltd 0.03




36.70

50.68

0

10

20

30

40

50

60

Since Inception

13.8715.41

0

5

10

15

20

Since Inception

3.60

74.19

-10

5

20

35

50

65

80

Since Inception

A u g u s t 2 0 0 9

Fund Details

24


Birla Sun Life Long Term Advantage Fund

As on July 31, 2009


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : Since inceptionTotal Experience : 16 yearsDate of inception : October 10, 2006Nature of the scheme : A 5 Years Close-ended Scheme

Default option : NAFresh Purchase : NAAdditional Purchase : NARedemption Cheques : NAissuedSystematic Investment : NAPlan (SIP)Systematic Withdrawal : NAPlan (SWP)Systematic Transfer : NAPlan (STP)

Dividend : 10.69(Payout & Reinvestment)Growth : 10.69

Benchmark : BSE SensexAverage AUM : Rs. 290.17 Crores

Entry Load : NA

Exit Load : NilInvestors offering units for repurchase before maturity of the scheme / conversion of scheme into open ended scheme will be charged balance proportionate unamortized issue expenses on the applicable NAV.


Beta : 0.86

Mr. Ajay Argal

Key Features


Load Structure

Other Parameter

(as on July 31, 2009)

Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis.fund has completed 1 year but yet to complete 3 years since its inception so the ratio is calculated on the basis of historical 1 year returns, source: MFI Explorer##Risk-free rate assumed to be 3.22%(91 day T-bill yield as on July 31, 2009)

The

A 5 years close ended scheme with automatic conversion to an open ended scheme upon maturity with the objective to provide longterm capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities.


Birla Sun Life Long Term Advantage Fund - Growth BSE Sensex

% R

etur

ns






Axis Bank Ltd. 3.03

HDFC Bank Ltd. 1.94




Subex Ltd. 0.75


Gujarat Apollo Industries Ltd. 2.00


Mcnally Bharat Engineering Co Ltd. 1.93

Manugraph India Ltd. 0.24




Bosch Ltd. 2.55







CESC Ltd. 1.26

Jyoti Structures Ltd. 0.31




Sun Pharmaceutical Industries Ltd. 1.63

Ferrous Metals 3.57Tata Steel Limited ( CCPS ) 1.84

Maharashtra Seamless Ltd. 1.72



Fertilisers 3.10Tata Chemicals Ltd. 1.68

Chambal Fertilisers & Chemicals Ltd. 1.20

Coromandel Fertilisers Ltd. 0.22

Cement 2.56

ACC Ltd. 2.10


Engineering 2.41

Engineers India Ltd. 2.41

Industrial Products 1.94

FAG Bearings India Ltd. 1.94

Construction 1.20

JMC Projects (India) Ltd 0.74


JMC Projects (India) Ltd Rights ** 0.04

Media & Entertainment 0.96

PVR Ltd. 0.65

Balaji Telefilms Ltd. 0.31

Non - Ferrous Metals 0.66

Hindustan Zinc Ltd 0.66





** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 0.04%

8.36

2.40

8.43

6.99

0

2

4

6

8

10


A u g u s t 2 0 0 9

Fund Details

25


As on July 31, 2009

Birla Sun Life Long Term Advantage Fund Series - I


Large

Mid

Small

Investment Style


Fund Manager :Managing Fund Since : September 2, 2008Total Experience : 11 yearsDate of inception : May 31, 2007Nature of the scheme : A Closed-ended Small and Mid

Cap Equity Scheme

Default option : NAFresh Purchase : NAAdditional Purchase : NARedemption Cheques : NA issuedSystematic Investment : NAPlan (SIP)Systematic Withdrawal : NAPlan (SWP)Systematic Transfer : NAPlan (STP)



Entry Load : NA

Exit Load : NilInves tors o f fe r ing un i ts fo r repurchase before maturity of the scheme / conversion of scheme into open ended scheme will be charged balance proportionate unamortized issue expenses on the applicable NAV.


Beta : 0.97

Mr. Ankit Sancheti

Key Features


Load Structure

Other Parameter

(as on July 31, 2009)


The

A Closed-end Small and Mid Cap Equity Scheme with a maturity of 3 years. Upon maturity, the scheme shall automatically be converted into an Open-ended scheme. It seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and mid cap. The Scheme may also invest a certain portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time.


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 Sun Life Long Term Advantage Fund Series I - Growth BSE 500

% R

etur

ns







Hindustan Dorr-Oliver Ltd. 2.31

BEML Ltd. 2.04

Honeywell Automation India Ltd. 1.11



United Spirits Ltd. 2.11

Radico Khaitan Ltd. 1.32

Eveready Industries India Ltd. 1.08

Millennium Beer Industries Ltd 0.11

Banks 10.01The South Indian Bank Ltd. 3.11


City Union Bank Ltd. 1.62


Bank of Maharashtra 0.68


CESC Ltd. 2.06

GVK Power & Infrastructure Ltd. 1.75

PTC India Ltd 1.74


Gujarat Industries Power Company Ltd. 0.64

Industrial Products 8.07Jain Irrigation Systems Ltd. 4.16

The Paper Products Limited 1.37


Greaves Cotton Ltd. 0.84

Torrent Cables Ltd. 0.61

Construction 6.96IVRCL Infrastructures & Projects Ltd. 2.70

JMC Projects (India) Ltd 1.81

HSIL Limited 1.80


JMC Projects (India) Ltd Rights ** 0.10

Auto Ancillaries 4.23Wabco TVS India Ltd 1.80

Exide Industries Ltd. 1.55

Sundaram-Clayton Ltd. 0.88



Fertilisers 4.02DCM Shriram Consolidated Ltd. 1.22


Zuari Industries Ltd 0.94

Aries Agro Ltd. 0.66

Finance 3.03ICRA Ltd. 2.32



Petroleum Products 2.20Hindustan Petroleum Corporation Ltd. 1.11


Media & Entertainment 2.01Jagran Prakashan Ltd. 1.15Balaji Telefilms Ltd. 0.59PVR Ltd. 0.27

Chemicals 1.50Micro Inks Ltd. 1.50

Software 1.44Geometric Ltd. 0.89Patni Computer Systems Ltd. 0.38Infotech Enterprises Ltd. 0.17

Retailing 1.36Trent Ltd. 1.36

Cement 1.33Ultratech Cement Ltd. 1.33

Paper 1.18Ballarpur Industries Ltd. 1.18

Diversified 0.89Aditya Birla Nuvo Ltd. 0.71McDowell Holdings Ltd. 0.19

Ferrous Metals 0.87Jindal Saw Ltd. 0.87

Textile Products 0.70Raymond Ltd. 0.70




Portfolio Asset Allocation


6.44

-7.89

6.91

2.36

-10

-5

0

5

10


A u g u s t 2 0 0 9

26

As on July 31, 2009

Birla Sun Life Pure Value Fund


Large

Mid

Small

Investment Style


Fund Details

Fund Manager :Managing Fund Since : Since inceptionTotal Experience : 16 yearsDate of inception : March 27, 2008Nature of the scheme : A Close-ended Diversified

Equity Scheme

Default option : NAFresh Purchase : NAAdditional Purchase : NARedemption Cheques : NA issuedSystematic Investment : NAPlan (SIP)Systematic Withdrawal : NAPlan (SWP)Systematic Transfer : NAPlan (STP)



Entry Load : NA

Exit Load : NilInvestors o f fe r ing un i ts fo r repurchase before maturity of the scheme / conversion of scheme into open ended scheme will be charged balance proportionate unamortized issue expenses on the applicable NAV.


Beta : 0.75

Mr. Ajay Argal

Key Features


Load Structure

Other Parameter

(as on July 31, 2009)


The

A Closed-end Diversified Equity Scheme with a maturity of 3 years. Upon maturity, the scheme shall automatically be converted into an open ended scheme. It seeks to generate consistent long term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy.



Birla Sun Life Pure Value Fund - Growth BSE 200

% R

etur

ns







PTC India Ltd. 2.38

Banks 8.05ING Vysya Bank Ltd. 2.40


Bank of Baroda 1.50


Andhra Bank 1.17





Great Offshore Ltd. 2.47




Software 6.51Tata Consultancy Services Ltd. 3.71


Fertilisers 5.96Coromandel Fertilisers Ltd. 2.71

Tata Chemicals Ltd. 1.97



Bharati Shipyard Ltd. 1.97

Non - Ferrous Metals 4.90Hindustan Zinc Ltd 2.45

Hindalco Industries Ltd. 2.44



Zydus Wellness Ltd. 0.02


Rallis India Ltd. 1.65

Cement 3.35Shree Cements Ltd. 1.77

Kesoram Industries Ltd. 1.58

Auto Ancillaries 3.09Apollo Tyres Ltd. 3.09


Ferrous Metals 2.51Maharashtra Seamless Ltd. 2.51


Industrial Products 2.45FAG Bearings India Ltd. 1.58Finolex Cables Ltd. 0.87

Construction 2.09JMC Projects (India) Ltd 1.98JMC Projects (India) Ltd Rights ** 0.11

Transportation 1.88Gateway Distriparks Ltd. 1.88

Paper 1.50Tamil Nadu Newsprint & Papers Ltd. 1.50






26.41

13.80

8.45

-1.85

-10

0

10

20

30


A u g u s t 2 0 0 9

Fund Details

27


As on July 31, 2009

Birla Sun Life '95 Fund

Fund Manager :Mr. Nishit Dholakia

Managing Fund Since : June 18, 2009Total Experience : 12 years & 9 yearsDate of inception : February 10, 1995Nature of the scheme : An Open-ended Balanced Scheme



Benchmark : CRISIL Balanced Fund IndexAverage AUM : Rs. 169.94 Crores

Entry Load : Nil

Exit Load** : < Rs. 5 crores – 1% if redeemed (w.e.f August 03, 2009) / switched out within 3 years


Average Maturity : –Standard Deviation : 36.99%

Mr. Satyabrata Mohanty &

Key Features



Other Parameter

(As on July 31, 2009)



Large

Mid

Small

Investment StyleAn open-ended balanced scheme with the objective of long term growth of capital and current income, through a portfolio of equity and fixed income securities


PSU/PFI Bonds/Banks 11.23Power Finance Corporation Ltd.** 4.84 AAAIDBI Bank Ltd.** 3.97 AA+Indian Railway Finance Corporation Ltd. ** 2.42 AAA

Consumer Non Durables 8.60ITC Ltd. 2.67 Nestle India Ltd. 2.55 Colgate-Palmolive (India) Ltd. 1.92 United Breweries Holdings Ltd. 0.87 Shree Renuka Sugar 0.60

Software 6.95Infosys Technologies Ltd. 3.31 Wipro Ltd. 2.54 Everonn Systems India Ltd. 1.10


Pharmaceuticals 5.05Dr.Reddys Laboratories Ltd. 1.69 Aventis Pharma Ltd. 1.60 Biocon Ltd. 0.93 Piramal Healthcare Ltd. 0.84

Petroleum Products 4.81Reliance Industries Ltd. 2.61 Indian Oil Corporation Ltd. 2.19

Government Bond 4.6806.83 GOVT.STOCK 2039 4.68 Sovereign

Telecom-Services 4.03Bharti Airtel Ltd. 2.04 Reliance Communications Ltd. 1.99

Banks 3.78Allahabad Bank 2.24 ICICI Bank Ltd. 1.54

Industrial Capital Goods 3.56Bharat Heavy Electricals Ltd. 1.30 Suzlon Energy Ltd. 0.93 Siemens Ltd. 0.82 Bharati Shipyard Ltd. 0.50

Retailing 3.20Trent Ltd. 3.20

Minerals/Mining 3.19Nava Bharat Ventures Ltd. 3.19


GVK Power & Infrastructure Ltd. 1.07 KEC International Ltd. 0.74


Cement 2.15Kesoram Industries Ltd. 1.19 Jaiprakash Associates Ltd. 0.96

Gas 2.12Gujarat Gas Company Ltd. 2.12

Fertilisers 1.30Rashtriya Chemicals & Fertilizers Ltd. 1.30

Auto Ancillaries 1.21Everest Kanto Cylinder Ltd. 1.21


Ferrous Metals 1.08JSW Steel Ltd. 1.08


Chemicals 0.96Gujarat Alkalies & Chemicals Ltd. 0.96


Auto 0.91Bajaj Auto Ltd. 0.91

Diversified 0.85Aditya Birla Nuvo Ltd. 0.48 Bombay Burmah Trading Corporation Ltd. 0.37

Transportation 0.74Mundra Port and Special Economic Zone Ltd. 0.74

Media & Entertainment 0.31ETC Networks Ltd. 0.31 Magnasound India Ltd. ** #

Cash & Current Assets 14.45


Issuer % to Net RatingAssets


** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 11.23%. #

Indicates less than 0.01

Note:Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer

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.

% R

etur

ns

Investment Performance Rating Profile

Birla Sun Life 95 Fund - Growth Crisil Balanced Fund Index


#««««Value Research Rating

Hybrid Equity-Oriented (26 Schemes),for 3 & 5 years periods ending 31-Jul-09Birla Sun Life ‘95 Fund

Hybrid Equity - Oriented (18 Schemes), 2 years ended 30-Jun-09

Birla Sun Life ‘95 FundCRISIL~CPR 2^^

SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life '95 Fund...





Investment Period

Total Investment

(Rs.) Birla Sun Life '95 Fund


CRISIL Balanced Fund Index


Since Inception 172000 412107 1367026 11.37 25.82

Last 5 years 60000 84487 96508 13.67 19.09

Last 3 years 36000 42404 46175 10.94 16.87

Last 1 year 12000 15019 16641 49.99 79.15


3.97%

4.68%

7.26%

14.45%

69.64%

AA

Sovereign

AAA

Cash & Current Assets

Other

Consistent CPR Performer- Balanced (14 Schemes), 2 years ended 30-Jun-09Birla Sun Life ‘95 FundCRISIL~CPR 2^^

24.88

18.51

23.72 24.43

9.8611.93

16.31

0

5

10

15

20

25

30


A u g u s t 2 0 0 9

Fund Details

28


Birla Sun Life Freedom Fund*As on July 31, 2009



Large

Mid

Small

Investment Style

Fund Manager :Maloo

Managing Fund Since : April 20, 2009Total Experience : 9 years & 5 yearsDate of inception : October 12, 1999Nature of the scheme : An Open-ended Balanced Scheme



Benchmark : CRISIL Balanced Fund IndexAverage AUM : Rs. 218.29 Crores

Entry Load : Nil

Exit Load** : < Rs. 5 crores – 1% if redeemed (w.e.f August 03, 2009) / switched out within 3 years

> Rs. 5 Crores – Nil **Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Average Maturity : –Standard Deviation : 22.69%

Mr. Maneesh Dangi & Mr.Vineet

Key Features



Other Parameter

(As on July 31, 2009)


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 diversified research based investment approach.


% R

etur

ns


Birla Sun Life Freedom Fund - Growth Crisil Balanced Fund Index

Banks 10.54ICICI Bank Ltd. 3.43 State Bank of India 2.62 Axis Bank Ltd. 2.33 HDFC Bank Ltd. 1.66 Punjab National Bank 0.50

Petroleum Products 8.66Reliance Industries Ltd. 6.85 Reliance Petroleum Ltd. 1.74 Bharat Petroleum Corporation Ltd. 0.07

Software 8.47Infosys Technologies Ltd. 5.60 Tata Consultancy Services Ltd. 1.71 Wipro Ltd. 0.95 HCL Technologies Ltd. 0.22 Collabera Solutions Pvt. Ltd. ** 0.00

PSU/PFI Bonds/Banks 5.75Citibank N A ** 3.07 AA+Power Finance Corporation Ltd. 2.48 AAAHDFC Bank Ltd. ** 0.20 AAA

Oil 5.56Oil & Natural Gas Corporation Ltd. 3.28 Cairn India Ltd. 2.28


Telecom-Services 5.00Bharti Airtel Ltd. 3.38 Reliance Communications Ltd. 0.99 Idea Cellular Ltd. 0.41 Tata Communications Limited. 0.22

Power 4.24NTPC Ltd. 1.27 Power Grid Corporation of (I) Ltd. 0.94 Tata Power Company Ltd. 0.71 Reliance Infrastructure Ltd. 0.66 Reliance Power Ltd. 0.66

Finance 3.99Housing Development Finance Corporation Ltd. 3.34 Reliance Capital Ltd. 0.65

Ferrous Metals 2.96Tata Steel Limited 1.16 Jindal Steel & Power Ltd. 0.82 Steel Authority of India Ltd. 0.77 JSW Steel Ltd. 0.21



** Represents thinly traded/ non traded securities & illiquid securities. Total Percentage of thinly/non traded securities is 3.27%. # Indicates less than 0.01


Siemens Ltd. 0.38 ABB Ltd. 0.27 Suzlon Energy Ltd. 0.27

Cement 2.73Grasim Industries Ltd. 1.50 ACC Ltd. 0.96 Ambuja Cements Ltd. 0.27

Non - Ferrous Metals 2.26Sterlite Industries (India) Ltd. 1.33 Hindalco Industries Ltd. 0.78 National Aluminium Company Ltd. 0.15



Pharmaceuticals 1.39Cipla Ltd. 1.01 Sun Pharmaceutical Industries Ltd. 0.35 Ranbaxy Laboratories Ltd. 0.04

Government Bond 1.2807.61 OIL COMP GOI BONDS 2015 1.28 Sovereign

Gas 0.97GAIL India Ltd. 0.97

Construction 0.96DLF Ltd. 0.79 Unitech Ltd. 0.16

Auto 0.76Hero Honda Motors Ltd. 0.44 Maruti Suzuki India Ltd. 0.13 Mahindra & Mahindra Ltd. 0.12 Tata Motors Ltd. 0.07


IT Consulting & Services 0.00Globsyn Technologies Ltd. ** #

Future and Options -3.75CNX Nifty Futures AUG 2009 -3.75




*Name of scheme changed w.e.f April 20, 2009 erstwhile Birla Sun Life Balance

SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Freedom Fund...


Date of First Installment : Novemberl 1, 1999



Investment Period

Total Investment

(Rs.) Birla Sun Life Freedom Fund

Birla Sun Life Freedom Fund



Since Inception 117000 247469 253206 14.73 15.17

Last 5 years 60000 84487 78692 13.67 10.79

Last 3 years 36000 42404 39266 10.94 5.73

Last 1 year 12000 15019 13705 49.99 27.51


1.28%

2.67%

3.07%

26.18%

66.80%

Sovereign

AAA

AA


Other

7.79

10.21

16.25

12.33

9.86

11.93

16.31

0

2

4

6

8

10

12

14

16

18


A u g u s t 2 0 0 9

Fund Details

29

Birla Sun Life Monthly IncomeAn open-ended scheme. Monthly income is not assured and is subject

to availability of distributable surplus

As on July 31, 2009


High Mid Low Interest rate sensitivity

High

Mid

Low

Credit Quality


Managing Fund Since : June 18, 2009Total Experience : 12 years & 9 yearsDate of inception : July 14, 1999Nature of the scheme : An Open-ended Income Scheme

Default Plan / Option : Growth / Dividend ReinvestmentFor Monthly & Quarterly Dividend Fresh Purchase : Rs. 25000/-Additional Purchase : Rs. 5000/-For Growth PlanFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issued

Monthly Dividend : 11.1221(Payout & Reinvestment)Quarterly Dividend : 11.5761(Payout & Reinvestment)Growth : 32.2822

Benchmark : CRISIL MIP Blended IndexAverage AUM : Rs. 129.22 Crores

Entry Load : Nil

Exit Load** : 1% if redeemed / switched out within 12 months from the date of allotment **Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Average Maturity : 3.94 Years

Yield to Maturity : 6.25%

(for Debt Component)

Mark to Market : 82%

Standard Deviation : 11.24%


Key Features


Load Structure

Other Parameter

(As on July 31, 2009)

An open-ended income scheme with the primary investment objective to generate regular income so as to make monthly and quarterly distributions to Unit holders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus



% R

etur

ns


Birla Sun Life Monthly Income - Growth Crisil MIP Blended Index

Corporate Debt 44.95GE Capital Services India ** 12.24 AAA

Reliance Industries Ltd. ** 11.49 AAA

Housing Development Finance Corporation Ltd. ** 10.22 AAA

LIC Housing Finance Ltd. ** 7.47 AAA

ICICI Home Finance Company Ltd. ** 3.53 LAAA

PSU/PFI Bonds/Banks 16.34Indian Railway Finance Corporation Ltd.** 5.93 AAA

Indian Oil Corporation Ltd. 3.51 AAA

Power Finance Corporation Ltd. 3.49 AAA

IDBI Bank Ltd. ** 1.86 AA+

Infrastructure Development Finance Company Ltd. ** 1.48 AA+

Power Finance Corporation Ltd. ** 0.07 AAA

EQUITY 14.72Rallis India Ltd. 1.34

Wyeth Ltd. 1.32

Nestle India Ltd. 0.84


Allahabad Bank 0.72

KEC International Ltd. 0.59



Apollo Tyres Ltd. 0.54


Taj GVK Hotels & Resorts Ltd. 0.51

Power Finance Corporation Ltd. 0.49

Tata Motors Ltd. 0.49

Rural Electrification Corporation Ltd. 0.49


The Great Eastern Shipping Co. Ltd. 0.45

Canara Bank 0.45

Gujarat Industries Power Co. Ltd. 0.41

Gateway Distriparks Ltd. 0.40


Coromandel Fertilisers Ltd. 0.38



Ashok Leyland Ltd. 0.26



JSW Steel Ltd. 0.22

McDowell Holdings Ltd. 0.22

Emco Ltd. 0.21


Money Market Instruments 11.78State Bank of Travancore 6.74 A1+

Oriental Bank of Commerce 5.04 P1+

Government Bond 5.966.07 CGL 2014 3.43 Sovereign

05.87 CGL 2010 2.53 Sovereign








«««« #Value Research Rating

Hybrid Monthly Income (33 Schemes),for 3 & 5 years periods ending 31-Jul-09

Birla Sun Life Monthly Income


3.34%

5.96%

6.26%

14.72%

69.72%

AA

Sovereign


Equity

AAA

MIP Conservative Scheme (9 Schemes), 2 years ended 30-Jun-09

Birla Sun Life ‘95 FundCRISIL~CPR 2^^

17.45

11.0310.08

12.3611.39

8.41 8.41

0

2

4

6

8

10

12

14

16

18

20


A u g u s t 2 0 0 9

Fund Details

30

Birla Sun Life MIPAn open-ended scheme. Monthly income is not assured and is subject


As on July 31, 2009


Credit Quality


High

Mid

Low


Managing Fund Since : June 18, 2009Total Experience : 12 years & 9 yearsDate of inception : November 20, 2000Nature of the scheme : An Open-ended Income Scheme

Default option : Dividend Reinvestment / Instant Payment

For Monthly Dividend / PaymentFresh Purchase : Rs. 25000/-Additional Purchase : Rs. 1000/-For GrowthFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issued

Dividend : 11.2561(Payout & Reinvestment)Monthly Payment / Growth : 23.5799(Instant / Deferred)


Entry Load : Nil

Exit Load** : For Purchase / Switch in of units(w.e.f August 06, 2009) < Rs.1 Crore - 1.00%, if units are

redeemed / switched out within 12 months from the date of allotment. For Purchase / Switch in of units >1 Crore – Nil.**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.







Key Features


Load Structure

Other Parameter

(As on July 31, 2009)


The primary objective of the scheme is to generate regular income so as to make monthly distributions to unitholders with the secondary objective being growth of capital. Income may be generated through the receipt of coupon payments, the amortization of the discount on debt instruments, receipt of dividends or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets primarily in fixed income securities, money market instruments, cash and cash equivalents while at the same time maintaining a small exposure to equity markets. (Monthly income is not assured and is subject to availability of distributable surplus.)



% R

etur

ns


Birla Sun Life MIP - Growth Crisil MIP Bended Index

PSU/PFI Bonds/Banks 34.05IDBI Bank Ltd.** 11.50 AA+


Infrastructure Development Finance Company Ltd.** 4.67 AA+

Power Finance Corporation Ltd.** 4.43 AAA

National Bank for Agriculture & Rural Development ** 4.15 AAA

Power Grid Corporation of India Ltd.** 3.59 AAA


State Bank of India ** 0.19 AAA

Corporate Debt 33.25Reliance Industries Ltd.** 9.67 AAA

LIC Housing Finance Ltd.** 8.95 AAA

GE Capital Services India ** 7.95 AAA

Housing Development Finance Corporation Ltd.** 6.07 AAA

Trent Ltd.** 0.61 CARE AA

EQUITY 13.91Wyeth Ltd. 0.99

Reliance Industries Ltd. 0.87

HDFC Bank Ltd. 0.75

Sterlite Industries (India) Ltd. 0.72


Housing Development Finance Corporation Ltd. 0.56

ITC Ltd. 0.56




Wipro Ltd. 0.52

Thermax Ltd. 0.52


Rallis India Ltd. 0.50



Bank of Baroda 0.49

Sun TV Network Limited 0.48



Indraprastha Gas Ltd. 0.46

Monnet Ispat and Energy Limited 0.44

Jain Irrigation Systems Ltd. 0.44


Birla Corporation Ltd. 0.30

Kesoram Industries Ltd. 0.26

Money Market Instruments 8.47Corporation Bank 8.47 P1+







10.31%

13.91%

16.78%

59.00%


Equity

AA

AAA

16.60

9.318.77

10.3611.39

8.41 8.41

0

2

4

6

8

10

12

14

16

18


A u g u s t 2 0 0 9

Fund Details

31


Birla Sun Life MIP II - Wealth 25 PlanAn open-ended scheme. Monthly income is not assured and is subject


As on July 31, 2009


Credit Quality


High

Mid

Low


Managing Fund Since : June 18, 2009Total Experience : 12 years & 9 yearsDate of inception : May 22, 2004Nature of the scheme : An Open-ended Income Scheme

Default option : Dividend ReinvestmentFor Monthly Dividend / PaymentFresh Purchase : Rs. 25000/-Additional Purchase : Rs. 1000/-For GrowthFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issued

Dividend : 11.2254(Payout & Reinvestment)

Growth / Payment : 15.8885


Entry Load : Nil

Exit Load** : 1% if redeemed / switched out within 12 months from the date of allotment **Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.







Key Features


Load Structure

Other Parameter

(As on July 31, 2009)

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.


% R

etur

ns


Birla Sun Life MIP II - Wealth 25 - Growth Crisil MIP Bended Index

PSU/PFI Bonds/Banks 25.32IDBI Bank Ltd. ** 9.85 AA+Power Finance Corporation Ltd. 8.97 AAANABARD ** 6.50 AAA

Corporate Debt 22.73HDFC Limited ** 8.20 AAALIC Housing Finance Ltd. ** 7.80 AAAReliance Industries Ltd. ** 6.73 AAA

EQUITY 21.90Reliance Industries Ltd. 1.51 Rallis India Ltd. 1.18 Mphasis Ltd. 1.11 HDFC Bank Ltd. 1.09 Infosys Technologies Ltd. 1.09 JSW Steel Ltd. 1.08 Shree Cements Ltd. 0.99 Bharti Airtel Ltd. 0.98 Reliance Infrastructure Ltd. 0.93 ICICI Bank Ltd. 0.90 Nava Bharat Ventures Ltd. 0.84 Bharat Electronics Ltd. 0.77 Yes Bank Ltd. 0.76 Alstom Projects India Ltd. 0.74 ITC Ltd. 0.62 Sesa Goa Ltd. 0.60

Oracle Financial Services Software Ltd. 0.55 Torrent Power Ltd. 0.55 Simplex Infrastructures Ltd. 0.53 India Infoline Ltd. 0.53 Suzlon Energy Ltd. 0.53 Max India Ltd. 0.52 Mahanagar Telephone Nigam Ltd. 0.51 Kotak Mahindra Bank Ltd. 0.51 Hindustan Zinc Ltd 0.50 Larsen & Toubro Ltd. 0.47 Balrampur Chini Mills Ltd. 0.46 Shree Renuka Sugar 0.43 United Spirits Ltd. 0.37 United Breweries Ltd. 0.27

Government Bond 9.6006.83 Govt.Stock 2039 6.79 Sovereign07.61 Oil Comp GOI Bonds 2015 2.82 Sovereign

Future and Options 1.65CNX Nifty Futures AUG 2009 1.65








1.65%

9.60%

9.85%

18.79%

21.90%

38.19%

Future and Options

Sovereign

AA


Equity

AAA

17.25

8.029.60 9.32

11.39

8.41 8.41 8.18

0

2

4

6

8

10

12

14

16

18

20


A u g u s t 2 0 0 9

Fund Details


As on July 31, 2009

Birla Sun Life MIP II - Savings 5 PlanAn open-ended scheme. Monthly income is not assured and is subject



Credit Quality


High

Mid

Low


Managing Fund Since : June 18, 2009Total Experience : 12 years & 9 yearsDate of inception : May 22, 2004Nature of the scheme : An Open-ended Income Scheme

Default option : Growth / Dividend ReinvestmentFor Monthly Dividend / PaymentFresh Purchase : Rs. 25000/-Additional Purchase : Rs. 1000/-For GrowthFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Monthly Dividend : 11.4229(Payout & Reinvestment)

Monthly Payment / Growth : 15.9987 Benchmark : CRISIL MIP Blended IndexAverage AUM : Rs. 85.30 Crores

Entry Load : Nil

Exit Load** : For Purchase / Switch in of units, upto and including Rs. 1 crores in value, an exit load of 1% is payable if units are redeemed / switched out within 1 year from the date of allotment. For Purchase / Switch in of units, greater than Rs. 1 crores in value, no exit load is payable.**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.







Key Features


Load Structure (Incl. for SIP)

Other Parameter

(As on July 31, 2009)


An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holderswith the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.


% R

etur

ns


Birla Sun Life MIP II - Savings 5 - Growth Crisil MIP Bended Index

Money Market Instruments 31.95Oriental Bank of Commerce 11.72 P1+Canara Bank 6.80 P1+State Bank of Travancore 6.73 A1+Corporation Bank 6.70 P1+

Corporate Debt 22.67LIC Housing Finance Ltd. ** 4.96 AAAHousing Development Finance Corporation Ltd. 4.62 AAAICICI Home Finance Company Ltd. ** 3.52 LAAATata Sons Ltd. ** 3.31 AAALIC Housing Finance Ltd. ** 3.28 AAAReliance Industries Ltd. ** 2.98 AAA

PSU/PFI Bonds/Banks 21.68Power Finance Corporation Ltd. 8.13 AAANational Housing Bank ** 7.07 AAAIndian Oil Corporation Ltd. 3.50 AAAIDBI Bank Ltd. ** 2.99 AA+

EQUITY 6.08Hindalco Industries Ltd. 0.35 Torrent Power Ltd. 0.31 Hero Honda Motors Ltd. 0.28 Yes Bank Ltd. 0.27 Bajaj Auto Ltd. 0.26 Indraprastha Gas Ltd. 0.25 BEML Ltd. 0.25 Biocon Ltd. 0.23 Kalpataru Power Transmission Ltd. 0.23

Container Corporation of India Ltd. 0.21 ICICI Bank Ltd. 0.21 Godrej Consumer Products Ltd. 0.19 ITC Ltd. 0.18 Canara Bank 0.18 Dabur India Ltd. 0.18 Mahindra & Mahindra Ltd. 0.18 Tata Steel Limited 0.18 Colgate-Palmolive (India) Ltd. 0.18 Gujarat Mineral Development Corporation Ltd. 0.18 Gateway Distriparks Ltd. 0.18 Cummins India Ltd. 0.17 Indiabulls Financial Services Ltd. 0.17 Indian Hotels Company Limited 0.15 Nava Bharat Ventures Ltd. 0.15 Rallis India Ltd. 0.14 Bharat Bijlee Ltd. 0.14 Madras Cements Ltd. 0.14 Thermax Ltd. 0.14 Nagarjuna Construction Company Ltd. 0.13 Rural Electrification Corporation Ltd. 0.13 Taj GVK Hotels & Resorts Ltd. 0.09 Glaxosmithkline Consumer Healthcare Ltd. 0.07

Securitised Debt 2.86Vodafone Essar Digilink Ltd. ** 2.86 F1+(SO)






** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 30.97%.

ii#

iiiValue Research RatingBirla Sun Life MIP II Savings 5 Plan

Hybrid: Monthly Income (33 Schemes),for 3 & 5 years periods ended 31-Jul-09


MIP Conservative schemes (9 Schemes), 2 years ended 30-Jun-09Birla Sun Life MIP II Savings 5 Plan

CRISIL~CPR 1^^

32

2.99%

6.08%

14.75%

76.18%

AA

Equity


AAA

19.49

12.53

9.70 9.47

11.39

8.41 8.41 8.18

0

2

4

6

8

10

12

14

16

18

20


A u g u s t 2 0 0 9

Fund Details

33


As on July 31, 2009

Birla Sun Life Asset Allocation Fund


Credit Quality


High

Mid

Low

Fund Manager :Managing Fund Since : June 18, 2009Total Experience : 12 yearsDate of inception : February 24, 2004Nature of the scheme : An Open-ended Fund of Funds

Scheme

Default option : Dividend ReinvestmentFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issued

Aggressive PlanDividend : 26.7218(Payout & Reinvestment)Growth : 26.7218Conservative PlanDividend : 18.2083(Payout & Reinvestment)Growth : 18.2083Moderate PlanDividend : 23.1451(Payout & Reinvestment)Growth : 23.1451

BenchmarkAggressive Plan : S&P CNX NIFTYModerate Plan : CRISIL Balanced Fund IndexConservative Plan : CRISIL MIP Blended IndexAverage AUMAggressive Plan : Rs. 8.13 CroresConservative Plan : Rs. 4.98 CroresModerate Plan Rs. 4.71 Crores

Entry Load Aggressive Plan : NilModerate Plan : NilConservative Plan : Nil

Exit Load : Nil

Standard Deviation Aggressive Plan : 31.78%Conservative Plan : 8.36%Moderate Plan : 23.03%

Mr. Satyabrata Mohanty

Key Features


:

Load Structure

Other Parameter

(As on July 31, 2009)


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.


Birla Sun Life AAF Aggressive Plan - Growth S & P CNX Nifty

Investment Performance - Aggressive Plan


Birla Sun Life AAF Conservative Plan - Growth Crisil MIP Blended Index

Investment Performance - Conservative Plan


Birla Sun Life AAF Moderate Plan - Growth Crisil Balanced Fund Index

Investment Performance - Moderate Plan

% R

etur

ns

% R

etur

ns

% R

etur

ns

Mutual Fund Units 96.86Birla Sun Life Dynamic Bond Fund - Growth 23.55

Birla Sun Life Index Fund - Growth 20.60

Birla Sun Life Midcap Fund - Growth 19.78

Birla Sun Life Advantage Fund - Growth 10.90

Birla Sun Life MNC Fund - Growth 7.08

Birla Sun Life India Opportunities Fund - Growth 7.00

Birla Sun Life Income Fund - Growth 4.17

Birla Sun Life Short Term Fund - Growth 3.78




Portfolio & Asset Allocation - Moderate PlanPortfolio & Asset Allocation - Aggressive Plan

Issuer % to Net Assets Issuer % to Net Assets

Mutual Fund Units 97.33Birla Sun Life Midcap Fund - Growth 17.93





Birla Sun Life Dynamic Bond Fund - Growth 7.38


Birla Sun Life Short Term Fund - Growth 3.17

Birla Sun Life Gilt Plus Inv - Growth 0.76




Portfolio & Asset Allocation - Conservative Plan

Issuer % to Net Assets

Mutual Fund Units 92.82Birla Sun Life Short Term Fund - Growth 29.18

Birla Sun Life Dynamic Bond Fund - Growth 26.45






Birla Sun Life Midcap Fund - Growth 3.81





««««#Value Research Rating

Equity Diversified(147 Schemes),for 3 & 5 years periods ended 31-Jul-09

Birla Sun Life AAF - Aggressive

Winner of&Best Fund - 3 yrs performance Lipper Awards India 2009

Mixed Asset INR Balanced, (7 schemes) 3 Yrs Performance (2005-2008)Birla Sun Life Asset Allocation Fund - Growth

9

23.67

16.62

22.80

19.82

6.46

13.43

22.79

19.01

0

5

10

15

20

25


19.37

15.13

19.04

16.69

9.86

11.93

16.31

14.00

0

2

4

6

8

10

12

14

16

18

20


14.00

11.7412.47

11.6611.39

8.41 8.417.46

0

2

4

6

8

10

12

14

16


A u g u s t 2 0 0 9

Fund Details


As on July 31, 2009

34

Birla Sun Life Cash Plus


Low Interest RateSensitivity

High

Mid

Low

Credit Quality

High Med

Fund Manager :Ms. Sunaina Da Cunha

Managing Fund Since : June 18, 2009Total Experience : 11 years & 6 yearsDate of inception : June 16, 1997Nature of the scheme : An Open-ended Liquid Scheme

Default option : Appln of less than Rs. 1 cr - Retail Plan - Dividend ReinvestmentAppln of equal to or greater than Rs. 1 cr but less than Rs. 5 cr - Institutional Plan - Daily Dividend ReinvestmentAppln of equal to or greater than Rs. 5 cr - Institutional Premium Plan - Daily Dividend Reinvestment

Retail PlanFresh Purchase : Rs. 10000/-Additional Purchase : Rs. 1000/-Institutional PlanFresh Purchase : Rs. 1 CroreAdditional Purchase : Rs. 1 LacInstitutional Premium PlanFresh Purchase : Rs. 5 CroreAdditional Purchase : Rs. 1 LacFor Discipline Advantage : The sum of transfer amounts as

++Plan per the frequency opted or Rs. 10,000/- whichever is greater.

Redemption Cheques : Within 10 working days issuedSystematic Investment : Not Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Retail PlanGrowth : 23.9225Daily Dividend : 16.3694(Reinvestment)

Institutional PlanGrowth : 24.2454Daily Dividend : 10.8023(Reinvestment)Fortnightly Dividend : 10.8304(Payout & Reinvestment)Weekly Dividend : 10.8068(Payout & Reinvestment)

Institutional Premium PlanGrowth : 14.3167Daily Dividend : 10.0195(Payout & Reinvestment)Fortnightly Dividend : 10.0000(Payout & Reinvestment)Weekly Dividend : 10.0225(Payout & Reinvestment)Monthly Dividend : 10.0002(Payout & Reinvestment)

Discipline Advantage plan : 10.0455++

(w.e.f June 22, 2009)

Benchmark : CRISIL Liquid Fund IndexAverage AUM : Rs. 8,207.90 Crores

Entry Load : Nil

Exit Load : Nil

Average Maturity : 0.16 YearsYield to Maturity : 5.10%(for Debt Component)

Mark to Market : -Standard DeviationRetail Plan : 0.56%Institutional Plan : 0.55%Institutional Premium Plan : 0.54%

Mr. Prasad Dhonde &

Key Features


Load Structure

Other Parameter

(As on July 31, 2009)

Note:Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer++

For further details on the Discipline Advantage Plan please refer to addendum dated June 18, 2009

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.




Money Market Instruments 55.08

Allahabad Bank 7.78 A1+

ICICI Bank Ltd. 6.14 A1+

Indian Bank 5.20 F1+

Central Bank of India 5.16 A1+

State Bank of Indore 4.29 P1+

UCO Bank Ltd. 4.02 P1+

Andhra Bank 3.43 PR1+

Punjab National Bank 2.52 PR1+

Vijaya Bank 2.24 PR1+

Rural Electrification Corporation Ltd. 1.73 A1+

Karnataka Bank Ltd. 1.72 A1+

Reliance Industries Ltd. 1.43 A1+

Canara Bank 1.28 P1+

Oriental Bank Of Commerce 1.17 P1+

ICICI Home Finance Company Ltd. 1.16 A1+

ING Vysya Bank Ltd. 1.04 P1+

Reliance Capital Ltd. 1.00 A1+

IDBI Bank Ltd. 0.63 A1+

The Jammu and Kashmir Bank Ltd. 0.58 P1+

State Bank of Patiala 0.54 A1+

HDFC Ltd. 0.52 A1+

Allahabad Bank 0.29 P1+

Syndicate Bank 0.29 PR1+

United Bank Of India 0.29 P1+

Yes Bank Ltd. 0.28 A1+

Federal Bank Ltd. 0.23 P1+

State Bank of Travancore 0.06 P1+

State Bank of Bikaner and Jaipur 0.05 A1+

Export-Import Bank of India 0.02 A1+

Floating Rate Instruments 12.83

Sterlite Industries (India) Ltd. 2.30 P1+

Infrastructure Development Finance Company Ltd. 1.44 LAAA

Housing Development Finance Corporation Ltd. 1.22 AAA

L and T Infrastructure Finance Company Ltd. 1.15 A1+

LIC Housing Finance Ltd. 0.88 AAA

Infrastructure Development Finance Company Ltd. 0.88 LAA+

Tata Sons Ltd. 0.86 AAA

Madras Cements Ltd. 0.81 A1+

Sundaram Finance Ltd. 0.58 P1+

LIC Housing Finance Ltd. 0.46 AAA

Axis Bank Ltd. 0.45 LAA+

ICICI Bank Ltd. 0.38 AAA

IL&FS Financial Services Ltd. 0.35 PR1+


Indian Railway Finance Corporation Ltd. 0.28 AAA

Sundaram Finance Ltd. 0.23 A1+

Kotak Mahindra Prime Ltd. 0.17 P1+

Union Bank of India 0.06 AA+

Securitised Debt 5.97

Hindustan Petroleum Corporation Ltd. ** 3.65 A1+(SO)

Indian Railway Finance Corporation Ltd. ** 2.32 A1+(SO)

Corporate Debt 2.46

HDFC Ltd. ** 0.71 AAA

Sundaram Finance Ltd. ** 0.58 P1+

Kotak Mahindra Prime Ltd. ** 0.58 P1+

Sterlite Industries (India) Ltd. ** 0.58 P1+

Sundaram Finance Ltd. ** 0.03 CARE AA+



** Represents thinly traded/ non traded securities and illiquid securities.Total Percentage of thinly/non traded securities is 8.43 %.


CRISIL~CPR 2^^Birla Sun Life Cash Plus - Retail Plan

Consistent CPR Performer - Liquid (16 Schemes) , 5 Yrs ended 30-Jun-09

+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.

Rating ProfileInvestment 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.

% R

etur

ns

Birla Sun Life Cash Plus - Retail - Growth CRISIL Liquid Fund Index

1.41%

23.65%

74.94%

AA


AAA

4.06

2.19

3.36

7.45

2.28

1.33

2.43

0

1

2

3

4

5

6

7

8

15 days 1 Month 3 Months Since Inception

A u g u s t 2 0 0 9

Fund Details

35


As on July 31, 2009

Birla Sun Life Cash Manager



High

Mid

Low

Credit Quality

High Med


Managing Fund Since : June 18, 2009Total Experience : 11 years & 6 yearsDate of inception : May 14, 1998Nature of the scheme : An Open-ended Liquid Scheme

Default option : Appln of less than Rs. 1 cr - Weekly Dividend Reinvestment.Appln of equal to or greater than Rs. 1 cr - Institutional Plan - Daily Dividend Reinvestment

Retail PlanFresh Purchase : Rs. 10000/-Additional Purchase : Rs. 1000/-Institutional PlanFresh Purchase : Rs. 1 CroreAdditional Purchase : Rs. 1 LacRedemption Cheques : Within 10 working days issuedSystematic Investment : Not Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Retail PlanGrowth : 21.8783

Weekly Dividend : 10.0046

(Reinvestment)

Institutional PlanGrowth : 14.9620

Daily Dividend : 10.0030

(Reinvestment)

Weekly Dividend : 10.0048

(Reinvestment)

Benchmark : CRISIL Liquid Fund IndexAverage AUM : Rs. 756.55 Crores

Entry Load : Nil

Exit Load : Nil




Mark to Market : -

Standard Deviation Retail Plan : 0.52%

Institutional Plan : 0.50%

Mr. Prasad Dhonde &

Key Features


Load Structure

Other Parameter

(As on July 31, 2009)


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.

Rating Profile

17.99%

82.01%


AAA

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.

Birla Sun Life Cash Manager CRISIL Liquid Fund Index


% R

etu

rns




Money Market Instruments 82.01UCO Bank 21.35 P1+


Bank of Maharashtra 7.24 A1+


Bank of India 6.64 P1+


Union Bank of India 3.62 P1+

HDFC Ltd. 3.62 A1+


The Jammu And Kashmir Bank Ltd. 3.62 P1+

HDFC Bank Ltd. 3.62 P1+

IDBI Bank Ltd. 3.62 P1+



Axis Bank Ltd. 0.36 P1+




#iiiValue Research Ratingi

Birla Sun Life Cash Manager - Retail PlanDebt: Ultra Short Term (42 Schemes), 18 months & 3 years ended 31-Jul-09


4.45

2.34

3.67

7.23

2.28

1.33

2.43

0

1

2

3

4

5

6

7

8


A u g u s t 2 0 0 9

Fund Details


As on July 31, 2009

Birla Sun Life Short Term Fund



High

Mid

Low

Credit Quality

High Med

Fund Manager :Managing Fund Since : June 18, 2009Total Experience : 9 yearsDate of inception : April 19, 2002Nature of the scheme : An Open-ended Short Term

Income Scheme

Default option : Appln of less than Rs. 2 cr - Retail Plan - Fortnightly Dividend ReinvestmentAppln of equal to or greater than Rs. 2 cr - Institutional Plan - Fortnightly Dividend

ReinvestmentRetail PlanFresh Purchase : Rs. 10000/-Additional Purchase : Rs. 1000/-Institutional PlanFresh Purchase : Rs. 2 CroreAdditional Purchase : Rs. 10000/-For Discipline Advantage : The sum of transfer amounts as


Redemption Cheques : Within 10 working days issuedSIP : AvailableSWP : Available STP : Available

Retail PlanGrowth : 16.1824Daily Dividend : 10.0055(Reinvestment)

Fortnightly Dividend : 10.2319(Payout & Reinvestment)


Institutional PlanGrowth : 10.6185Daily Dividend : 10.0055(Reinvestment)

Fortnightly Dividend : 10.1357(Payout & Reinvestment)


Discipline Advantage Plan : 10.0515++

(w.e.f June 22, 2009)

Benchmark : CRISIL Short-Term Bond Fund Index

Average AUM : Rs. 4,233.29 Crores

Entry Load : NilExit Load** : Nil

**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Average Maturity : 0.44 YearsYield to Maturity : 5.05%(for Debt Component)Mark to Market : -Standard Deviation : 0.60%

Mr. Maneesh Dangi

Key Features



Other Parameter

(As on July 31, 2009)


% R

etur

ns

Birla Sun Life Short Term Fund - Retail Plan - Growth CRISIL Short-Term Bond Fund Index


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.




Birla Sun Life Short Term Fund - Retail PlanDebt: Short Term Schemes (22 Schemes), 1 Yr ended 30-Jun-09

CRISIL~CPR 1^^ &&CNBC TV-18 CRISIL AWARD 2008Birla Sun Life Short Term Fund - Retail

1 Yr Performance ended Dec 31, 08. Total Schemes in Category = 15Category: Income – Short Term Funds





Punjab National Bank 14.99 PR1+


Corporation Bank 10.08 P1+



Vijaya Bank 3.52 PR1+

Bank of Baroda 3.00 P1+

State Bank of Hyderabad 2.68 A1+


Indian Bank 2.35 F1+


State Bank of Bikaner and Jaipur 1.80 P1+

State Bank of Mysore 1.80 A1+

State Bank of Travancore 1.53 A1+




Andhra Bank 0.72 F1+

State Bank of Patiala 0.60 P1+


Treasury Bills 4.32

91 DAYS TBILL MAT 07 Aug 2009 4.32 Sovereign



4.32%

23.73%

71.95%

Sovereign


AAA

36

#iiValue Research Ratingii

Birla Sun Life Short Term Fund - Retail PlanDebt: Short Term (17 Schemes), 18 months & 3 years ended 31-Jul-09

6.90

8.22

6.97 6.83

10.64

7.99

6.63 6.42

0

2

4

6

8

10

12


A u g u s t 2 0 0 9

Fund Details


Birla Sun Life Savings Fund*

As on July 31, 2009



High

Mid

Low

Credit Quality

High Med

Fund Manager :Managing Fund Since : June 18, 2009Total Experience : 9 yearsDate of inceptionRetail Plan : November 27, 2001Institutional Plan : April 16, 2003Nature of the scheme : An Open-ended Short Term

Income Scheme

Default option : Appln of less than Rs. 1 cr - Retail Plan - Weekly Dividend ReinvestmentAppln of equal to or greater than Rs. 1 cr - Institutional Plan - Daily Dividend Reinvestment

Retail PlanFresh Purchase : Rs. 10000/-Additional Purchase : Rs. 1000/-Institutional PlanFresh Purchase : Rs. 1 CroreAdditional Purchase : Rs. 1 LacFor Discipline Advantage : The sum of transfer amounts as


Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Retail PlanGrowth : 16.6457Daily Dividend : 10.0068(Reinvestment)Weekly Dividend : 10.0090(Payout & Reinvestment)Fortnightly Dividend : 11.1856(Payout & Reinvestment)Monthly Dividend : 10.2039(Payout & Reinvestment)

Institutional PlanGrowth : 16.9424Daily Dividend : 10.0068(Reinvestment)Weekly Dividend : 10.0101(Payout & Reinvestment)Fortnightly Dividend : 10.7491(Payout & Reinvestment)Monthly Dividend : 10.2214(Payout & Reinvestment)

Discipline Advantage Plan : 10.0483++

(w.e.f June 22, 2009)

Benchmark : CRISIL Short-Term Bond Fund Index


Entry Load : Nil

Exit Load : Nil

Average Maturity : 0.51 YearsYield to Maturity : 5.35%(for Debt Component)Mark to Market : 3%Standard DeviationRetail Plan : 0.56%Institutional Plan : 0.57%

Mr. Maneesh Dangi

Key Features



Other Parameter

(As on July 31, 2009)



Birla Sun Life Savings Fund - Institutional Plan Ultra Short Term Debt Scheme - Institutional (19 Schemes), 1yr ended 30-Jun-09

CRISIL~CPR 1^^


5-Star Award by @ICRABirla Sun Life Savings Fund - Institutional Plan

Open Ended Liquid Plus - Institutional Plan (34 Schemes), 1 year ended 31-Dec-08

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.

% R

etur

ns

Birla Sun Life Savings Fund - Retail Growth CRISIL Short-Term Bond Fund Index


The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe

generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will

undernormal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.




Money Market Instruments 66.77ICICI Bank Ltd. 13.27 A1+Punjab National Bank 4.76 PR1+State Bank of Patiala 3.67 P1+IDBI Bank Ltd. 2.97 A1+Bank of India 2.71 P1+Canara Bank 2.60 P1+Allahabad Bank 2.39 A1+IDBI Bank Ltd. 2.38 P1+State Bank of Hyderabad 2.27 A1+Steel Authority of India Ltd. 2.04 PR1+ONGC Videsh Ltd. 1.92 P1+(SO)Bank of Baroda 1.75 A1+Standard Chartered Bank 1.74 P1+HDFC Ltd. 1.73 A1+Reliance Capital Ltd. 1.69 A1+State Bank of Travancore 1.39 P1+Federal Bank Ltd. 1.36 P1+The Jammu And Kashmir Bank Ltd. 1.25 P1+Canara Bank 1.17 A1+UCO Bank 1.17 P1+ING Vysya Bank Ltd. 1.16 P1+Corporation Bank 1.15 P1+Reliance Communication Ltd. 0.91 A1+State Bank of Hyderabad 0.78 P1+State Bank of Patiala 0.78 A1+State Bank of Indore 0.70 P1+State Bank of Mysore 0.70 A1+Vijaya Bank 0.60 PR1+Syndicate Bank 0.56 PR1+Oriental Bank of Commerce 0.53 P1+LIC Housing Finance Ltd. 0.53 P1+Small Industries Development Bank of India 0.49 A1+Bank of Baroda 0.40 P1+Dena Bank 0.39 P1+Yes Bank Limited 0.30 A1+Kotak Mahindra Prime Ltd. 0.30 P1+L&T Finance Limited. 0.29 PR1+Andhra Bank 0.28 F1+Union Bank of India 0.26 P1+Indian Bank 0.26 F1+Export-Import Bank of India 0.21 A1+Rural Electrification Corporation Ltd. 0.20 A1+GE Capital Services India 0.20 P1+ICICI Home Finance Company Ltd. 0.17 A1+IDFC Ltd. 0.14 A1+Punjab National Bank 0.11 F1+State Bank of Travancore 0.06 A1+Axis Bank Ltd. 0.04 P1+Bajaj Auto Finance Ltd. 0.04 P1+State Bank of Bikaner and Jaipur 0.01 A1+

Corporate Debt 7.03Tata Sons Ltd.** 1.26 AAAHDFC Ltd.** 0.81 AAAHDFC Ltd.** 1.13 AAALIC Housing Finance Ltd.** 0.73 AAA

Tata Capital Ltd.** 0.62 AA+Sundaram Finance Ltd.** 0.41 LAA+LIC Housing Finance Ltd.** 0.41 AAAHousing Development Finance Corporation Ltd. 0.37 AAACitiFinancial Consumer Finance India Ltd.** 0.34 AAKotak Mahindra Prime Ltd.** 0.29 AAICICI Home Finance Company Ltd.** 0.14 LAAAKotak Mahindra Prime Ltd.** 0.10 P1+Rabo India Finance Pvt. Ltd.** 0.10 P1+Sundaram Finance Ltd.** 0.09 AA+Cholamandalam DBS Finance Ltd.** 0.06 AA-Sundaram Finance Ltd.** 0.06 P1+GE Capital Services India ** 0.05 AAAReliance Industries Ltd.** 0.03 AAAKotak Mahindra Prime Ltd.** 0.01 LAA

Securitised Debt 5.69Bharat Petroleum Corporation Ltd.** 1.53 P1+(SO)Hindustan Petroleum Corporation Ltd.** 1.42 A1+(SO)Power Finance Corporation Ltd.** 1.07 AAA(SO)Vodafone Essar Digilink Ltd.** 0.82 F1+(SO)Vodafone Essar Cellular Ltd.** 0.52 F1+(SO)North Delhi Power Ltd.** 0.21 A1+(SO)L&T Finance Limited.** 0.10 P1+(SO)NTPC Ltd.** 0.02 AAA(SO)Indian Retail Absolute Trust 0.01 AAA(SO)

Floating Rate Instruments 3.73Housing Development Finance Corporation Ltd. 1.20 AAAHousing Development Finance Corporation Ltd. 0.68 LAAATATA Steel Ltd. 0.60 AAUltratech Cement Ltd. 0.60 AAACitiFinancial Consumer Finance India Ltd 0.41 AAICICI Bank Ltd. 0.09 AAAIndian Railway Finance Corporation Ltd. 0.09 AAATata Sons Ltd. 0.06 AAAIndian Retail Absolute Trust # AAA(SO)

Treasury Bills 3.3891 Days T - Bill 04 Sept 09 3.16 Sovereign91 Days T - Bill 25 Sept 2009 0.20 Sovereign182 Days T - Bill 18 Sep 2009 0.02 Sovereign

PSU/PFI Bonds/Banks 0.93IDBI Bank Ltd.** 0.82 AA+IDFC Ltd.** 0.07 AA+Rural Electrification Corporation Ltd.** 0.03 AAAPower Finance Corporation Ltd.** 0.03 AAA




** Represents thinly traded/ non traded securities and illiquid securities.Total Percentage of thinly/non traded securities is 13.66 %. Notional amount of Interest # Indicates less than 0.01

*Name of scheme changed w.e.f February 17, 2009 erstwhile Birla Sun Life Liquid Plus

37

3.40%

3.72%

12.44%

80.44%

Sovereign

AA


AAA

Birla Sun Life Savings Fund - Retail Plan Ultra Short Term Debt Scheme (31 Schemes), 1yr ended 30-Jun-09

CRISIL~CPR 2^^

6.997.54

6.81 6.86

10.64

7.99

6.63

0

2

4

6

8

10

12


A u g u s t 2 0 0 9

Fund Details


38

Birla Sun Life Dynamic Bond Fund

As on July 31, 2009



High

Mid

Low

Credit Quality

High Med

Fund Manager :Managing Fund Since : June 18, 2009Total Experience : 9 yearsDate of inception : September 27, 2004Nature of the scheme : An Open-ended Income Scheme

Default option : Quarterly Dividend ReinvestmentRetail Monthly Dividend Sweep OptionFresh Purchase : Rs. 5 lacsAdditional Purchase : Rs. 1000/-For Other OptionFresh Purchase : Rs. 5000/- Additional Purchase : Rs. 1000/-For Discipline Advantage : The sum of transfer amounts as



Retail Growth : 14.8497 Retail Quarterly Dividend : 11.1296 (Payout / Reinvestment)

Retail Monthly Dividend : 10.4379(Payout / Reinvestment)Retail Monthly Dividendsweep option also available (w.e.f Jan 12, 2009) Discipline Advantage Plan : 10.2717

++(w.e.f Mar 30, 2009)

Benchmark : CRISIL Composite Bond Fund Index


Entry Load : Nil

Exit Load** : For Purchase / Switch-in of units less than Rs. 5 crores in value: 0.50% if redeemed/switched-out within 180 days from the allotment, and 0.10% if redeemed/switched-out between 181 days and 270 days from the allotment, For Purchase / Switch-in of units equal to or greater than Rs. 5 crores in va lue :0 .50%i f redeemed / switched - out within 30 days, from the date of allotment.**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Average Maturity : 2.05 YearsModified Duration : 1.75 YearsYield to Maturity : 7.50%(for Debt Component)Mark to Market : 40%Standard Deviation : 4.44%

Mr. Maneesh Dangi

Key Features



Other Parameter

(As on July 31, 2009)

Note:Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer++For further details on the Discipline Advantage Plan please refer to addendum dated March 20, 2009 (Past performance is no guarantee of future results.) for ranking methodology please refer page 49

#iiiValue Research Ratingii

Birla Sun Life Dynamic Bond FundDebt: Medium Term (38 Schemes), 18 months & 3 years ended 31-Jul-09

7-Star Award by @ICRABirla Sun Life Dynamic Bond Fund

Open Ended Debt - Short Term (17 Schemes), 1 year ended 31-Dec-08




Money Market Instruments 50.33Punjab National Bank 8.94 PR1+

Corporation Bank 5.72 P1+







State Bank of Bikaner and Jaipur 2.70 P1+


Punjab and Sind Bank 1.66 P1+



HDFC Ltd 1.09 A1+

State Bank of Patiala 0.90 P1+

Bank of Baroda 0.78 A1+



PSU/PFI Bonds/Banks 23.76Indian Railway Finance Corporation Ltd. ** 7.79 AAA

Power Finance Corporation Ltd. ** 5.76 AAA

Indian Oil Corporation Ltd. 4.01 AAA

IDBI Bank Ltd. ** 2.57 AA+National Housing Bank ** 0.94 AAA

Export-Import Bank of India ** 0.90 AAA


Rural Electrification Corporation Ltd. ** 0.48 AAA

Indian Railway Finance Corporation Ltd. 0.12 AAA

NABARD ** 0.12 AAA

NHPC Ltd. ** 0.12 AA+

IDFC Ltd. ** 0.07 AA+

Corporate Debt 16.08HDFC Ltd. ** 7.25 AAA

Reliance Industries Ltd. ** 4.25 AAA

Tata Motors Ltd. ** 1.85 AAA(SO)

LIC Housing Finance Ltd. ** 1.57 AAA

HDFC Ltd. 1.15 AAA



** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 33.68 %.


% R

etur

ns

Birla Sun Life DBF - Retail - Growth Crisil Composite Bond Fund Index


2.76%

9.83%

87.41%

AA


AAA

An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolioby investing in high quality debt and money market instruments.

12.40

10.31

8.51

10.85

6.65

5.64

0

2

4

6

8

10

12

14


A u g u s t 2 0 0 9

Fund Details


39

Birla Sun Life Medium Term Plan

As on July 31, 2009



High

Mid

Low

Credit Quality

High Med

Fund Manager :Managing Fund Since : June 25, 2009Total Experience : 9 yearsDate of inception : March 25, 2009Nature of the scheme : An Open-ended Income Scheme

Default option : Default Plan RetailDefault Option GrowthDefault Facility FortnightlyDividend Reinvestment

Retail PlanFresh Purchase : Rs. 1 Crore Additional Purchase : Rs. 1000/-For Institutional PlanFresh Purchase : Rs. 1 Crore Additional Purchase : Rs. 10,000/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Not Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Retail Plan Weekly Dividend : 10.0193Fortnightly Dividend : 10.0409Monthly Dividend : 10.0459Quarterly Dividend : 10.0114Growth : 10.2530Institutional PlanDaily Dividend : 10.0000Fortnightly Dividend : 10.0409Monthly Dividend : 10.0037Quarterly Dividend : 10.0000Growth : 10.0013

Benchmark : CRISIL Short Term Bond Fund Index

Average AUM : Rs. 788.50 Crores

Entry Load : Nil

Exit Load** : Nil**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Mr. Maneesh Dangi

Key Features



(As on July 31, 2009)













% R

etur

ns

Birla Sun Life Medium Term Plan - Retail - Growth Crisil Short Term Bond Fund Index


The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unitholders & secondary objective is growth of capital.

15.70%

37.82%

46.48%

Sovereign


AAA

2.50

2.80

2.00

2.20

2.40

2.60

2.80

3.00

Since Inception

A u g u s t 2 0 0 9

Fund Details

40


Birla Sun Life Income PlusAs on July 31, 2009



High

Mid

Low

Credit Quality

High Med

Fund Manager : Mr. Managing Fund Since : June 18, 2009Total Experience : 9 yearsDate of inception : October 21, 1995Nature of the scheme : An Open-ended Income Scheme

Default option : Dividend ReinvestmentFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-For Discipline Advantage : The sum of transfer amounts as


Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : Available Plan (STP)

Growth : 40.9144Dividend : 11.3006(Payout & Reinvestment)Discipline Advantage Plan : 10.3187

++w.e.f Mar 04,2009



Entry Load : Nil

Exit Load** : £ Rs.10 Lacs 1% if redeemedswitched out within 365 days fromthe date of allotment> Rs. 10 lacs 0.25% if redeemedswitched out within 7 days fromthe date of allotment**Exit / Entry Load is NIL for units issued in Bonus & DividendReinvestment.

Average Maturity : 8.31 YearsModified Duration : 6.50 Years(for Debt Component)Yield to Maturity : 7.75%(for Debt Component)Mark to Market : 93%Standard Deviation : 18.07%

Maneesh Dangi

Key Features



Other Parameter

(As on July 31, 2009)


For further details on the Discipline Advantage Plan please refer to addendum dated March 03, 2009 and March 08, 2009

5-Star Award by @ICRABirla Sun Life Income Plus

Open Ended Debt - Long Term (21 Schemes), 3 year ended 31-Dec-08

CRISIL~CPR 2^^Birla Sun Life Income Plus

Income Scheme (24 Schemes), 2 Yrs ended 30-Jun-09

CRISIL~CPR 1^^Birla Sun Life Income Plus

Consistent CPR Performer-Debt (12 Schemes), 5 Yrs ended 30-Jun-09


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.


% R

etur

ns

Birla Sun Life Income Plus Growth CRISIL Composite Bond Fund Index





Government Bond 49.17







8.49 Karnataka SDL 18-Mar-2019 1.56 Sovereign






08.28 Govt.Stock 2032 0.31 Sovereign


PSU/PFI Bonds/Banks 42.55

NABARD ** 14.98 AAA


Indian Railway Finance Corporation Ltd.** 6.04 AAA

Corporation Bank ** 5.84 AAA

Power Grid Corporation of India Ltd.** 4.93 AAA

Rural Electrification Corporation Ltd.** 1.33 AAA



State Bank of India ** 0.60 AAA

Export-Import Bank of India ** 0.44 AAA

IDBI Bank Ltd.** 0.25 AA+

ICICI Bank Ltd.** 0.25 AAA

Corporate Debt 0.89

Reliance Gas Transpotation Infrastructure Ltd.** 0.68 AAA

Reliance Industries Ltd.** 0.15 AAA

Infrastructure Leasing & Financial Services Ltd.** 0.06 LAAA(So)



** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 42.49 %.

0.25%

7.39%

43.19%

49.17%

AA


Sovereign

AAA

16.11

11.25

8.09

10.7610.85

6.655.44

0

2

4

6

8

10

12

14

16

18


A u g u s t 2 0 0 9

Fund Details


41

As on July 31, 2009

Birla Sun Life Income Fund



High

Mid

Low

Credit Quality

High Med

Fund Manager :Managing Fund Since : June 18, 2009Total Experience : 9 years Date of inception : March 3, 1997Nature of the scheme : An Open-ended Income Scheme

Default option : Dividend ReinvestmentFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-For Discipline Advantage : The sum of transfer amounts as



Growth : 32.8758Quarterly Dividend : 10.8814(Payout & Reinvestment)Half Yearly Dividend : 11.4932(Payout & Reinvestment)54 EA Growth : 32.853054 EA Dividend : 12.245954 EB Growth : 32.646154 EB Dividend : 14.4921Discipline Advantage Plan : 10.0938

++w.e.f Mar 04,2009


Average AUM : Rs. 803.75 Crores

Entry Load : NilExit Load** : < Rs. 1 crore - 1% if redeemed

/ switched out within 365 days > Rs. 1 crore - Nil54 EA Plan: For redemption /switch out of units on or before 250 days from the date ofallotment: 1.00% of applicable NAV.**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Average Maturity : 4.91 YearsModified Duration : 3.00 Years(for Debt Component)Yield to Maturity : 6.75%(for Debt Component)Mark to Market : 62%Standard DeviationRetail Plan : 17.56%54 EA Growth : 17.56%54 EB Growth : 17.56%

Mr. Maneesh Dangi

Key Features



Other Parameter

(As on July 31, 2009)


For further details on the Discipline Advantage Plan please refer to addendum dated March 03, 2009 and March 08, 2009



Bond INR General, (99 schemes) 3 Yrs Performance (2005-2008)Birla Sun Life Income Fund - Growth

9


Bond INR General, (16 schemes) 10 Yrs Performance (1998-2008)Birla Sun Life Income Fund - Growth

9

&&CNBC TV-18 CRISIL AWARD 2008Birla Sun Life Income Fund - Growth

1 Yr Performance ended Dec 31, 08. Total Schemes in Category = 17

Category: Income scheme




PSU/PFI Bonds/Banks 32.84


NABARD ** 7.69 AAA

National Housing Bank ** 4.97 AAA



Rural Electrification Corporation Ltd.** 1.11 AAA






06.05 CGL 2019 Feb 0.05 Sovereign

Corporate Debt 3.04

HDFC Ltd.** 2.25 AAA

Reliance Gas Transpotation Infrastructure Ltd.** 0.79 AAA



** Represents thinly traded/ non traded securities and illiquid securities.Total Percentage of thinly/non traded securities is 25.05 %.


% R

etur

ns

Birla Sun Life Income Fund Growth CRISIL Composite Bond Fund Index


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.

25.73%

35.88%

38.40%

Sovereign

AAA


9.91 9.98

7.58

10.0610.85

6.65

5.44

0

2

4

6

8

10

12


A u g u s t 2 0 0 9

Fund Details

42


As on July 31, 2009

Birla Sun Life Floating Rate Fund



High

Mid

Low

Credit Quality

High Med


Managing Fund Since : June 18, 2009Total Experience : 11 years & 6 years Date of inception : June 05, 2003Nature of the scheme : An Open-ended Income Scheme

Default optionLong Term Plan : Dividend ReinvestmentShort Term Plan : Appln of less than Rs. 5 cr - Daily

Dividend ReinvestmentAppln of equal to or greater than Rs. 5 cr - Institutional Plan - Daily Dividend Reinvestment

Short Term & Long Term (Retail Plan): Fresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Long Term - Institutional Plan:Fresh Purchase : Rs. 2 CroreAdditional Purchase : Rs. 1 LacShort Term - Institutional PlanFresh Purchase : Rs. 5 CroreAdditional Purchase : Rs. 1 LacRedemption Cheques : Within 10 working days issuedSIP : Available### SWP : Available STP : Available

Long Term PlanGrowth : 15.0021Daily Dividend (Reinvestment) : 10.0050Weekly Dividend (Reinvestment) : 10.0144Monthly Dividend (Reinvestment): 10.4945Institutional Plan Growth : 10.2740

Short Term PlanGrowth : 14.6879Daily Dividend (Reinvestment) : 10.0015Dividend (Reinvestment) : 10.3845Institutional Plan Growth : 11.8292Daily Dividend (Reinvestment) : 10.0000Weekly Dividend (Reinvestment) : 10.0175

Benchmark : CRISIL Liquid Fund Index

Average AUMLong Term Plan : Rs. 734.41 CroresShort Term Plan : Rs. 76.49 Crores

Long Term Plan (Incl. for SIP) Entry Load : Nil Exit Load** : For redemption/ switch out of

units within 3 years from the date of Allotment: 3.00% of applicable NAV

Short Term PlanEntry Load : NilExit Load : Nil

**Exit / Entry Load is NIL for units issued

in Bonus & Dividend Reinvestment.

Average Maturity Long Term Plan : -Short Term Plan : 0.37 YearsYield to Maturity (for Debt Component)Long Term Plan : -Short Term Plan : 5.15 %Mark to MarketLong Term Plan : -Short Term Plan : -Standard Deviation Long Term Plan : 0.26 %Short Term Plan : 0.59%Short Term Plan(IP) : 0.59%

Mr. Prasad Dhonde &

Key Features


Load Structure

Other Parameter

(As on July 31, 2009)

Fortnightly Dividend : 10.0000(Reinvestment)

The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate

debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.


% R

etur

ns

Birla Sun Life Floating Rate Fund - LTP - Growth CRISIL Liquid Fund Index

Investment Performance - Long Term Plan Rating Profile - Long Term Plan

1.17%

98.83%


AAA

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.

% R

etur

ns

Birla Sun Life Floating Rate Fund - STP - Growth CRISIL Liquid Fund Index

Investment Performance - Short Term Plan Rating Profile - Short Term Plan





UCO Bank 19.41 P1+


Reliance Capital Ltd. 12.12 A1+




ONGC Videsh Ltd. 1.97 P1+(SO)


Punjab National Bank 0.13 F1+

Corporate Debt 1.89HDFC Ltd. 1.89 AAA



Portfolio & Asset Allocation - Long Term Plan Portfolio & Asset Allocation - Short Term Plan

### Not Available for Birla Sun Life Floating Rate Fund - Short Term Plan

#iiiValue Research Ratingii

Birla Sun Life Floating Rate Fund - Long Term Plan Retail Debt: Floating Rate Long Term (10 Schemes), 18 months & 3 years ended 31-Jul-09


CRISIL~CPR 2^^Birla Sun Life Floating Rate Fund - Long Term Plan

Ultra Short Term Debt Scheme ( 31 Schemes), 1 Yr ended 30-Jun-09




IDBI Bank Ltd. 17.77 P1+



Canara Bank 6.66 A1+

IDFC Ltd. 3.71 A1+


Floating Rate Instruments 13.74

HDFC Ltd. 10.69 AAA

ICICI Bank Ltd. 3.05 AAA



3.46%

96.54%


AAA

7.788.22

7.096.81

7.29 7.19

6.295.91

0

1

2

3

4

5

6

7

8

9


4.91

2.47

3.86

6.44

2.28

1.33

2.43

5.91

0

1

2

3

4

5

6

7


(w.e.f August 03, 2009)

A u g u s t 2 0 0 9


43

As on July 31, 2009

An open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusivelyin Government Securities.

Birla Sun Life Gilt Plus



High

Mid

Low

Credit Quality

High Med

Fund Manager :Mr. Shaktie Prakash

Managing Fund Since : June 18, 2009Total Experience : 9 years & 6 yearsDate of inception : October 12, 1999Nature of the scheme : An Open-ended Government

Securities Scheme

Default option : GrowthFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-Redemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Liquid PlanGrowth : 20.4537(Quarterly Gain & Annual Gain)Dividend : 10.2133(Payout & Reinvestment)Annual Dividend Option : 10.2009(Payout & Reinvestment)PF PlanGrowth : 23.6031(Quarterly Gain & Annual Gain)Dividend : 10.1022(Payout & Reinvestment)Annual Dividend Option : 18.6713(Payout & Reinvestment)Regular PlanGrowth : 30.5130(Quarterly Gain & Annual Gain)Dividend : 12.0570(Payout & Reinvestment)Annual Dividend Option : 23.8426(Payout & Reinvestment)

Benchmark :Liquid Plan : I-Sec SI-BEXPF Plan : I-Sec LI-BEXRegular Plan : I-Sec LI-BEXAverage AUMLiquid Plan : Rs. 15.92 CroresPF Plan : Rs. 65.11 CroresRegular Plan : Rs. 208.42 Crores

Liquid Plan, Regular Plan & PF Plan - Quarterly / Annual DividendEntry Load : NilExit Load : NilPF Plan - GrowthEntry Load : NilExit Load** : 1% if redeemed / switched out

within 365 days from the date of allotment**Exit / Entry Load is NIL for units issued in Bonus & Dividend Reinvestment.

Average Maturity Liquid Plan : 0.09 YearsPF Plan : 8.68 YearsRegular Plan : 8.98 YearsModified Duration (for Debt Component)Liquid Plan : -PF Plan : 6.00 YearsRegular Plan : 6.00 YearsYield to Maturity (for Debt Component)Liquid Plan : 3.10 %PF Plan : 6.50 %Regular Plan : 6.60 %Mark to MarketLiquid Plan : 63 %PF Plan : 95 % Regular Plan : 88 %Standard Deviation Liquid Plan : 1.53 %PF Plan : 19.45 % Regular Plan : 17.40 %

Mr. Maneesh Dangi &

Key Features



Other Parameter

(As on July 31, 2009)



Investment Performance - Liquid Plan Rating Profile - Liquid Plan


Investment Performance - PF Plan Rating Profile - PF Plan


Investment Performance - Regular plan Rating Profile - Regular Plan

Birla Sun Life Gilt Plus - LP Growth I-Sec SI-BEX

Birla Sun Life Gilt Plus - PF Growth I-Sec LI-BEX

Birla Sun Life Gilt Plus - RP Growth I-Sec LI-BEX

% R

etur

ns%

Ret

urns

% R

etur

ns

5.36%

94.64%


Sovereign

Fund Details









Treasury Bills 62.53

182 Days T - Bill 18-Sep-2009 62.53 Sovereign



Portfolio & Asset Allocation - Liquid Plan Portfolio & Asset Allocation - PF Plan


Government Bond 88.006.90 CGL 2019 27.61 Sovereign6.07 CGL 2014 16.72 Sovereign08.24 CGL 2027 13.19 Sovereign07.47 OIL MKT CO GOI BOND 2012 7.78 Sovereign6.49 CGL 2015 7.45 Sovereign08.20 CGL 2022 5.35 Sovereign07.40 CGL 2035 4.79 Sovereign07.59 CGL 2016 2.61 Sovereign7.35 CGL 2024 2.51 Sovereign



Portfolio & Asset Allocation - Regular Plan

5-Star Award by @ICRABirla Sun Life Gilt Plus Regular Plan

Open Ended Gilt (22 Schemes), 3 year ended 31-Dec-08

CRISIL~CPR 2^^Birla Sun Life Gilt Plus - Regular Plan

Gilt Scheme (19 Schemes), 2 Yrs ended 30-Jun-09


&&CNBC TV-18 CRISIL AWARD 2008Birla Sun Life Gilt Plus - Regular Plan

1 Yr Performance ended Dec 31, 08. Total Schemes in Category = 11

Category: Gilt

37.47%

62.53%


Sovereign

12.00%

88.00%


Sovereign

3.11

5.42 5.32

7.57

12.96

8.81

7.25

0

2

4

6

8

10

12

14


6.805.73

4.71

9.15

24.66

11.21

7.74

0

5

10

15

20

25


14.73

11.07

8.09

12.05

24.66

11.21

7.74

0

5

10

15

20

25


A u g u s t 2 0 0 9

44

As on July 31, 2009

Fund Details



High

Mid

Low

Credit Quality

High Med

Fund Manager :Mr. Shaktie Prakash

Managing Fund Since : June 18, 2009Total Experience : 9 years & 6 yearsDate of inception : October 28, 1999Nature of the scheme : An Open-ended Gilt Scheme

Default option : GrowthFor Short Term Retail Plan & Long Term PlanFresh Purchase : Rs. 5000/-Additional Purchase : Rs. 1000/-For Short Term Institutional PlanFresh Purchase : Rs. 5 croresAdditional Purchase : Rs. 1 lacsRedemption Cheques : Within 10 working days issuedSystematic Investment : Available Plan (SIP)Systematic Withdrawal : Available Plan (SWP)Systematic Transfer : AvailablePlan (STP)

Long Term PlanGrowth : 24.6687Dividend : 11.1578(Payout & Reinvestment)

Short Term Plan - Retail Growth : 17.7768Dividend : 10.0587(Payout & Reinvestment)

Daily Dividend : 10.0031(Reinvestment)

Weekly Dividend : 10.0043(Reinvestment)

BenchmarkShort Term Plan : I-Sec SI-BEXLong Term Plan : I-Sec LI-BEXAverage AUMLong Term Plan : Rs. 7.95 CroresShort Term Plan : Rs. 2.43 Crores

Entry Load : NilExit Load : Nil

Average Maturity Long Term Plan : 6.89 YearsShort Term Plan : -Modified Duration (for Debt Component)Long Term Plan : 4.00 YearsShort Term Plan : -Yield to Maturity (for Debt Component)Long Term Plan : 5.80 %Short Term Plan : 3.00 %Mark to MarketLong Term Plan : 69 %Short Term Plan : -Standard Deviation Long Term Plan : 9.63%Short Term Plan : 1.42%

Mr. Maneesh Dangi &

Key Features



Other Parameter

(As on July 31, 2009)


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.


Birla Sun Life Government Securities Fund


% R

etur

ns

Birla Sun Life G-Sec Fund - LTP - Growth I-Sec Li-BEX

Investment Performance - Long Term Plan Rating Profile - Long Term Plan


Investment Performance - Short Term Plan Rating Profile - Short Term Plan

% R

etur

ns

Birla Sun Life G-Sec Fund - STP - Growth I-Sec Si-BEX







Portfolio & Asset Allocation - Long Term Plan Portfolio & Asset Allocation - Short Term Plan

100.00%Cash & Current Assets

100.00%Cash & Current Assets

20.75

8.47

6.24

9.69

24.66

11.21

7.74

0

5

10

15

20

25


4.875.33

4.34

6.07

12.96

8.81

7.25

0

2

4

6

8

10

12

14


A u g u s t 2 0 0 9

Fund Details

45


Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly USD returns.##Risk-free rate assumed to be 0.18% (3 Month US Treasury Bill yield As on July 31, 2009)

As on July 31, 2009

India Advantage Fund Ltd.(For Non-Resident Indians and Other Eligible Foreign Investors)



Large

Mid

Small

Investment StyleAn 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 reasonable valuations.

Fund Manager : Mr. Ajay Argal

Date of inception : August 8, 1996

Nature of the scheme : An Open - ended Growth Scheme

Managing Since : June 18, 2009

Total Experience : 16 Years

Default Option : Cumulative/ Growth

Minimum Subscription : US $5000

Additional Subscription : In multiples of US $ 1000

Systematic Investment : No

Plan (SIP)

Subscription Charge : 4% Max

Redemption Charge : None

NAV (per Class C Share) : US $164.59

Benchmark : BSE Sensex and MSCI (India)

Average AUM : $112.03mn

Euroclear : MU0196S00230

Bloomberg Ticker Code : INDADVC: MP

Citicode : BK94

Lippers

Trustnet Offshore

Morningstar.com

Standard Deviation : 39.12%Sharp Ratio## : 0.22Beta (w.r.t. MSCI India Index) : 0.86

Key Features

Load Structure

Options & NAV (As on July 31, 2009)

Other Resources

Other Parameter

Morningstar Rating™

iii 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

INDADVC MP

Bloomberg Ticker Code:


Returns are in % and CAGR returns for period 1 year or more. The returns for IAF & MSCI (India) are in US Dollars.

Investment Performance Asset Allocation

India Advantage Fund MSCI (India)

Ret

urns

%

Portfolio

EQUITY INVESTMENTSInfosys Technologies Ltd. Software 6.98

Reliance Industries Ltd. Petroleum Products 5.59

Bharti Airtel Ltd. Telecom Services 5.33

Oil & Natural Gas Corporation Ltd. Oil & Gas 5.00

ICICI Bank Ltd. Financials 4.29

ITC Ltd. Consumer Non Durables 4.04

Tata Consultancy Services Ltd. Software 3.42

HDFC Ltd. Financials 3.25

Dr.Reddys Laboratories Ltd. Healthcare 3.08

Axis Bank Ltd. Financials 2.50

HDFC Bank Ltd. Financials 2.47

Wipro Ltd. Software 2.46

Tata Motors Ltd. Auto 2.35

Hero Honda Motors Ltd. Auto 2.08

ACC Ltd. Cement 2.04

HDFC Ltd Construction 1.86

Bharat Heavy Electricals Ltd. Industrial Capital Goods 1.86

PTC India Ltd Power 1.84

Bharat Electronics Ltd. Industrial Capital Goods 1.75

United Phosphorus Ltd. Pesticides 1.75

Larsen & Toubro Ltd. Construction 1.71

Nagarjuna Construction Company Ltd. Construction 1.64

Mahindra & Mahindra Ltd. Auto 1.59

Engineers India Ltd. Engineering 1.53

Sterlite Industries (India) Ltd - ADR Metals 1.53

State Bank of India Financials 1.43

Reliance Infrastructure Ltd. Power 1.39

Cairn India Ltd. Oil & Gas 1.31

Hindustan Unilever Ltd. Consumer Non Durables 1.27

Punj Lloyd Ltd. Construction 1.26

Tata Power Company Ltd. Power 1.14

BEML Ltd. Industrial Capital Goods 1.12

IVRCL Infrastructures & Projects Ltd. Construction 1.12

Shree Renuka Sugar Consumer Non Durables 1.11

Ultratech Cement Ltd. Cement 1.11

Jaiprakash Associates Ltd. Cement 1.01

Ranbaxy Laboratories Ltd. Healthcare 0.99

Hindalco Industries Ltd. Metals 0.93

Solar Industries India Ltd. Chemicals 0.91

Sun Pharmaceutical Industries Ltd. Healthcare 0.90

Reliance Communications Ltd. Telecom Services 0.89

Crompton Greaves Ltd. Industrial Capital Goods 0.82

CESC Ltd. Power 0.73

Maharashtra Seamless Ltd. Metals 0.56

Television Eighteen India Ltd. Media & Entertainment 0.40

Subex Ltd. Software 0.40

Tata Steel Futures Aug 09 Future and Options 0.98

Cash & Cash Equivalents Cash & Cash Equivalents 6.31

Total Portfolio Value

OTHER NET ASSETS (SUB FUND) 0.11

OTHER NET ASSETS (MAIN FUND) -0.18

NET ASSETS 100.00

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.

Name of the Security Sector Percentageof Portfolio

Name of the Security Sector Percentageof Portfolio

YTD 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996*

IAF

MSCI India

IAF Calender year performance

54.24% -62.12% 62.88% 37.54% 33.37% 51.54% 153.01% 10.47% -24.31% -39.24% 179.45% 36.06% 24.20% 2.30%

70.24% -65.07% 71.23% 48.95% 35.38% 16.46% 73.92% 5.93% -21.17% -22.82% 84.67% -22.89% 9.59% -13.62%

Past performance may or may not be sustained in future

4.97%

5.10%

5.55%

5.59%

6.02%

6.23%

6.25%

6.31%

6.42%

7.60%

12.75%

13.26%

13.95%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00%

Healthcare

Power

Industrial Capital Goods

Petroleum Products

Auto

Telecom Services


Oil & Gas

Consumer Non Durables

Construction

Other Equity

Software

Financials

-1.66

8.94

20.65 19.66

32.51

-4.23

11.65

22.49

12.6714.33

-10

-5

0

5

10

15

20

25

30

35

1 Year

3 Year 5 Year 10 Year SinceInception

A u g u s t 2 0 0 9

Dividend History(For select Schemes)

EQUITY SCHEMES

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 24, 1995) = 325%




since inception (Aug 27, 1998) = 445%


since inception (Dec 27, 1999) = 147.50%


since inception (Dec 27, 1999) = 240%


since inception (Oct 3, 2002) = 252.50%



Total dividend declared since inception (Sept 18, 2002) = 137.5%


since inception (Aug 30, 2002) = 265%


since inception (Jan 15, 2000) = 345%


since inception (Mar 29, 1996) = 2160%

# EQUITY SCHEMES Declared Dividend Dividend Face value Cum Dividend NAV on date (%) (Rs. per unit) (Rs.) (Rs. per unit)

46

Birla Advantage Fund 22-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 65.8925-Apr-08 50 5.00 10.00 100.44

325 32.5

Birla Sun Life Dividend Yield Plus 30-May03 8 0.80 10.00 11.8413-Jun-03 5 0.50 10.00 10.88 24-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 12.7710-Jun-09 10 1.00 10.00 11.93

188 18.80

Birla Sun Life Tax Plan 17-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 64.2320-Mar-09 45 4.50 10.00 31.70

255 25.50

Birla Sun Life 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 Sun Life India GenNext Fund 25-Apr-08 10 1.00 10.00 16.14 08-Jul-09 20 2.00 10.00 12.77

30 3.00

Birla Sun Life 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 Sun Life Midcap Fund 19-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 27-Jun-08 20 2.00 10.00 20.8531-Jul-09 15 1.50 10.00 22.66

252.5 25.25

Birla Sun Life 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 31-Mar-04 25 2.50 10.00 25.70 07-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 25-Apr-08 20 2.00 10.00 36.36 23-Jun-09 50 5.00 10.00 28.52

345 34.50

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 18.4831-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 23.8608-Aug-08 20 2.00 10.00 20.4831-Jul-09 15 1.50 10.00 21.51

255 26.50

Birla Sun Life New Millennium Fund 27-Jun-08 10 1.00 10.00 14.43

Birla Sun Life Tax Relief ‘96 27-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 27-Jun-08 50 5.00 10.00 71.86

2160 216.00

Birla Sun Life Top 100 Fund 30-May-08 15 1.50 10.00 15.894

Sun Life

A u g u s t 2 0 0 9


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 Sun Life Freedom Fund 17-Oct-03 10.00 15 1.50 - - 13.32

20-Jan-06 10.00 50 5.00 - - 15.13

08-Jul-09 10.00 15 1.50 - - 19.69

80 8.00

Birla Sun Life MIP (Monthly Dividend Plan) 30-Nov-07 10.00 1.455 0.1455 1.354 0.1354 11.5526

28-Dec-07 10.00 1.147 0.1147 1.068 0.1068 11.6693

25-Jan-08 10.00 1.204 0.1204 1.120 0.1120 11.3399

29-Feb-08 10.00 0.847 0.0847 0.788 0.0788 10.9853

28-Mar-08 10.00 0.682 0.0682 0.635 0.0635 10.6837

25-Apr-08 10.00 0.641 0.0641 0.597 0.0597 10.6054

30-May-08 10.00 0.796 0.0796 0.741 0.0741 10.4906

27-Jun-08 10.00 0.123 0.0123 0.114 0.0114 10.0146

29-Aug-08 10.00 0.228 0.0228 0.212 0.0212 10.0638

30-Jan-09 10.00 0.876 0.0876 0.815 0.0815 10.5239

24-Apr-09 10.00 0.613 0.0613 0.571 0.057 11.1021

29-May-09 10.00 0.788 0.0788 0.734 0.0734 11.1220

26-Jun-09 10.00 0.788 0.0788 0.734 0.0734 11.1155

31-Jul-09 10.00 0.834 0.0834 0.776 0.0776 11.2561

13-Aug-08 10.00 0.402 0.0402 0.374 0.0374 10.1890

28-Aug-08 10.00 0.140 0.0140 0.130 0.0130 10.6778

29-Sep-08 10.00 0.802 0.0802 0.747 0.0747 10.7534

17-Oct-08 10.00 0.140 0.0140 0.130 0.0130 10.6947

27-Oct-08 10.00 0.526 0.0526 0.489 0.0489 10.7336

12-Nov-08 10.00 0.657 0.0657 0.611 0.0611 10.7369

26-Dec-08 10.00 1.051 0.1051 0.978 0.0978 11.6828

30-Jan-09 10.00 0.613 0.0613 0.571 0.0571 11.1310

27-Feb-09 10.00 0.526 0.0526 0.489 0.0489 10.9174

30-Mar-09 10.00 0.438 0.0438 0.408 0.0408 10.8148

24-Apr-09 10.00 0.350 0.0350 0.326 0.0326 11.1480

29-May-09 10.00 0.794 0.0794 0.739 0.0739 11.3596

26-Jun-09 10.00 0.794 0.0794 0.739 0.0739 11.3100

31-Jul-09 10.00 0.850 0.0850 0.791 0.0791 11.4229

27-July-07 10.00 1.126 0.1126 1.048 0.1048 11.5658

31-Aug-07 10.00 0.962 0.0962 0.895 0.0895 11.3493

28-Sep-07 10.00 1.133 0.1133 1.054 0.1054 11.5543

26-Oct-07 10.00 1.193 0.1193 1.110 0.1110 11.6241

30-Nov-07 10.00 1.446 0.1446 1.346 0.1346 11.5255

28-Dec-07 10.00 1.145 0.1145 1.066 0.1066 11.7620

25-Jan-08 10.00 1.214 0.1214 1.130 0.1130 11.2126

29-Feb-08 10.00 0.837 0.0837 0.779 0.0779 10.7279

28-Mar-08 10.00 0.666 0.0666 0.620 0.0620 10.3049

25-Apr-08 10.00 0.620 0.0620 0.577 0.0577 10.3476

30-May-08 10.00 0.777 0.0777 0.723 0.0723 10.2064

29-May-09 10.00 0.656 0.0656 0.611 0.0611 10.9059

26-Jun-09 10.00 0.656 0.0656 0.611 0.0611 11.0223

31-Jul-09 10.00 0.828 0.0828 0.770 0.0770 11.2254

30-Jun-99 10.00 20 2.00 - - 26.78

28-Mar-00 10.00 50 5.00 - - 64.44

13-Oct-00 10.00 30 3.00 - - 39.85

09-Mar-01 10.00 20 2.00 - - 33.50

15-Oct-01 10.00 20 2.00 - - 25.70

26-Mar-02 10.00 20 2.00 - - 29.99

30-Oct-02 10.00 10 1.00 - - 26.01

28-Mar-03 10.00 10 1.00 - - 27.00

10-Oct-03 10.00 10 1.00 - - 38.59

22-Mar-04 10.00 30 3.00 - - 42.31

25-Oct-04 10.00 20 2.00 - - 43.02

10-Mar-06 10.00 25 2.50 - - 68.53

30-May-08 10.00 50 5.00 - - 97.61

325 32.50

Birla Sun Life Monthly Income - 30-Nov-07 10.00 1.401 0.1401 1.304 0.1304 11.0995

31-Dec-07 10.00 1.221 0.1221 1.136 0.1136 11.3372

31-Jan-08 10.00 0.750 0.0750 0.698 0.0698 10.8881

29-Feb-08 10.00 0.677 0.0677 0.630 0.0630 10.7070

31-Mar-08 10.00 0.712 0.0712 0.663 0.0663 10.3796

30-Apr-08 10.00 0.668 0.0668 0.622 0.0622 10.4731

30-May-08 10.00 0.786 0.0786 0.731 0.0731 10.3396

30-Jan-09 10.00 2.628 0.2628 2.446 0.2446 10.3982

27-Feb-09 10.00 0.491 0.0491 0.457 0.0457 10.4460

30-Mar-09 10.00 0.438 0.0438 0.408 0.0408 10.4684

29-Apr-09 10.00 1.664 0.1664 1.549 0.1549 10.7674

29-May-09 10.00 0.648 0.0648 0.603 0.0603 10.9353

30-Jun-09 10.00 0.710 0.0710 0.661 0.0661 10.9986

31-Jul-09 10.00 0.731 0.0731 0.681 0.0681 11.1221

Birla Sun Life Monthly Income - 31-Dec-07 10.00 2.856 0.2856 2.658 0.2658 12.2011

31-Mar-08 10.00 2.593 0.2593 2.413 0.2413 11.1765

30-Jun-08 10.00 1.901 0.1901 1.769 0.1769 10.6399

30-Sep-08 10.00 1.380 0.1380 1.284 0.1284 10.4584

31-Dec-08 10.00 2.256 0.2256 2.100 0.2100 10.8938

30-Mar-09 10.00 1.577 0.1577 1.467 0.1467 10.5699

30-Jun-09 10.00 1.577 0.1577 1.467 0.1467 11.5430



Total dividend declared since inception (Oct 12, 1999) = 65%

Monthly Dividend

(Monthly Dividend Plan)

Quarterly 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. 47

Birla Sun Life MIP II - Savings 5 Plan

Birla Sun Life MIP II - Wealth 25 Plan


(Monthly Dividend Plan)

03

A u g u s t 2 0 0 9


DEBT SCHEMES

Birla Sun Life Short Term 17-Mar-08 10.00 1.162 0.1162 1.082 0.1082 10.1370

16-Jun-08 10.00 1.162 0.1162 1.082 0.1082 10.1379

15-Sep-08 10.00 1.201 0.1201 1.118 0.1180 10.1943

15-Dec-08 10.00 1.098 0.1098 1.022 0.1022 10.2182

16-Mar-09 10.00 2.015 0.2015 1.875 0.1875 10.3932

27-Apr-09 10.00 0.876 0.0876 0.815 0.0815 10.2657

15-Jun-09 10.00 1.134 0.1314 1.223 0.1223 10.2689

Birla Sun Life Dynamic Bond Fund - Retail 22-Oct-08 10.00 0.569 0.0569 0.530 0.0530 10.6239

31-Dec-08 10.00 1.664 0.1664 1.549 0.1549 11.1759

30-Mar-09 10.00 1.664 0.1664 1.549 0.1549 11.1086

24-Apr-09 10.00 0.526 0.0526 0.489 0.0489 10.4961

30-Jun-09 10.00 1.664 0.1664 1.549 0.1549 11.2343

Birla Sun Life Gilt Plus - Liquid Plan - 17-Mar-08 10.00 1.602 0.1602 1.491 0.1491 10.6857

16-Jun-08 10.00 1.375 0.1375 1.280 0.1280 10.6466

15-Sep-08 10.00 1.375 0.1375 1.280 0.1280 10.7122

22-Oct-08 10.00 0.061 0.0061 0.057 0.0057 10.4045

15-Dec-08 10.00 1.384 0.1384 1.288 0.1288 10.5148

16-Mar-09 10.00 2.102 0.2102 1.957 0.1957 10.4492

15-Jun-09 10.00 1.314 0.1314 1.223 0.1223 10.3190

Birla Sun Life Gilt Plus - PF Plan 17-Dec-07 10.00 1.817 0.1817 1.691 0.1691 10.6516

17-Mar-08 10.00 2.053 0.2053 1.911 0.1911 10.7912

16-Jun-08 10.00 1.382 0.1382 1.286 0.1286 10.3315

15-Sep-08 10.00 1.332 0.1332 1.240 0.1240 10.3951

15-Dec-08 10.00 2.013 0.2013 1.873 0.1873 11.2919

16-Mar-09 10.00 2.190 0.2190 2.038 0.2038 10.4392

15-Jun-09 10.00 0.876 0.0876 0.815 0.0815 10.1703

Birla Sun Life Gilt Plus - Regular Plan 17-Dec-07 10.00 2.180 0.2180 2.029 0.2029 11.4187

17-Mar-08 10.00 2.196 0.2196 2.044 0.2044 11.6530

16-Jun-08 10.00 1.495 0.1495 1.392 0.1392 11.2748

15-Sep-08 10.00 1.454 0.1454 1.353 0.1353 11.6963

15-Dec-08 10.00 2.267 0.2267 2.110 0.2110 12.9233

16-Mar-09 10.00 2.540 0.2540 2.364 0.2364 12.4390

15-Jun-09 10.00 1.664 0.1664 1.549 0.1549 12.2848

Birla Sun Life Income Plus 17-Sep-07 10.00 1.813 0.1813 1.688 0.1688 10.5704

17-Dec-07 10.00 2.031 0.2031 1.890 0.1890 10.7758

17-Mar-08 10.00 2.304 0.2304 2.144 0.2144 10.9445

16-Jun-08 10.00 1.634 0.1634 1.520 0.1520 10.6083

15-Sep-08 10.00 1.594 0.1594 1.484 0.1484 10.8205

15-Dec-08 10.00 2.090 0.2090 1.945 0.1945 11.7199

16-Mar-09 10.00 2.277 0.2277 2.120 0.2120 11.5018

15-Jun-09 10.00 2.190 0.2190 2.038 0.2038 11.4616

Birla Sun Life Govt. Securities - 17-Sep-07 10.00 3.162 0.3162 2.943 0.2943 10.3774

17-Mar-08 10.00 0.480 0.0480 0.447 0.0447 10.0548

16-Mar-09 10.00 7.883 0.7883 7.337 0.7337 11.5177

Birla Sun Life Govt. Securities - 17-Dec-07 10.00 1.546 0.1546 1.439 0.1439 10.2972

17-Mar-08 10.00 0.588 0.0588 0.547 0.0547 10.0734

16-Jun-08 10.00 0.876 0.0876 0.815 0.0815 10.1315

15-Sep-08 10.00 1.095 0.1095 1.109 0.1109 10.2966

15-Dec-08 10.00 1.111 0.1111 1.034 0.1034 10.3417

16-Mar-09 10.00 2.015 0.2015 1.875 0.1875 10.2841

15-Jun-09 10.00 0.876 0.0876 0.815 0.0815 10.1322

Birla Sun Life Income Fund- 17-Sep-07 10.00 3.758 0.3758 3.497 0.3497 11.2454

17-Mar-08 10.00 4.752 0.4752 4.423 0.4423 11.6359

16-Mar-09 10.00 4.467 0.4467 4.158 0.4158 11.9496

Birla Sun Life Income Fund - 17-Dec-07 10.00 2.047 0.2047 1.905 0.1905 10.8291

17-Mar-08 10.00 2.314 0.2314 2.154 0.2154 10.9767

16-Jun-08 10.00 1.637 0.1637 1.524 0.1524 10.7403

15-Sep-08 10.00 1.613 0.1613 1.501 0.1501 10.9178

15-Dec-08 10.00 2.110 0.2110 1.964 0.1964 11.7458

16-Mar-09 10.00 2.277 0.2277 2.120 0.2120 11.1896

15-Jun-09 10.00 0.876 0.0876 0.815 0.0815 10.9322

Birla Sun Life Savings Fund - 29-May-09 10.00 0.416 0.0416 0.387 0.0387 10.2166

26-Jun-09 10.00 0.305 0.0305 0.284 0.0284 10.2051

31-Jul-09 10.00 0.390 0.0390 0.363 0.0363 10.2214

Birla Sun Life Savings Fund - 29-May-09 10.00 0.385 0.0385 0.359 0.0359 10.1950

26-Jun-09 10.00 0.283 0.0283 0.263 0.0263 10.1892

31-Jul-09 10.00 0.361 0.0361 0.336 0.0336 10.2039

Birla Sun Life Short Term Fund - 29-May-09 10.00 0.319 0.0319 0.297 0.0297 10.6853

30-Jun-09 10.00 0.297 0.0297 0.276 0.0276 10.6917

31-Jul-09 10.00 0.328 0.0328 0.305 0.0305 10.7012

Non Corporate Corporate

# DEBT SCHEMES Date Face Value Dividend Dividend Cum Dividend NAV (%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit)

#Dividend Dividend

Institutional Monthly Dividend

Monthly Dividend

Retail Monthly Dividend

Quarterly Dividend

Quarterly Dividend

(Quarterly Dividend)


Short Term Dividend

Half Yearly Dividend

Opportunities Fund

Long Term 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.48

(Quartery Dividend)

03

A u g u s t 2 0 0 9

Methodology of Ranking

#Value Research Ratings

@ ICRA Mutual Fund Awards 2009 – Ranking Methodology and Disclaimer

+ ICRA mfAAA and mfA1+ Rating Methodology for Birla Sun Life Floating Rate (Short Term & Long Term) and Birla Sun Life Cash Plus Respectively

* AAAf: CRISIL AAAf Rating Methodology for Birla Sun Life Savings Fund, Birla Sun Life Income Plus, Birla Sun Life Cash Manager, Birla Sun Life Income Fund, Birla Sun Life Short Term Fund and Birla Sun Life Dynamic Bond Fund

^^Crisil CPR – Ranking Methodology & Disclaimer

Value Research Fund Ratings are a composite measure of historical risk-adjusted returns. In the case of equity and hybrid funds this rating is based on the weighted average monthly returns for the last 3 and 5-year periods. In the case of debt funds this rating is based on the weighted average weekly returns for the last 18 months and 3-year periods and in case of short-term debt funds - weekly returns for the last 18 months. These ratings do not take into consideration any entry or exit load. Each category must have a minimum of 10 funds for it to be rated. Effective, July 2008, we have put an additional qualifying criteria, whereby a fund with less than Rs 5 crore of average AUM in the past six months will not be eligible for rating.Five-stars indicate that a fund is in the top 10% of its category in terms of historical risk-adjusted returns. Four stars indicate that a fund is in the next 22.5%, middle 35% receive three stars, the next 22.5% are assigned two stars while the bottom 10% receive one star. The number of schemes in each category is mentioned along side the categories name. Equity Diversified (147), Equity : Index (19), Equity Tax Planning (24), Hybrid Equity Oriented (26), Hybrid: Monthly Income (33), Debt: Medium-term (38), Gilt: Medium and Long-term (29), Gilt: Short-term (13), Debt: Ultra Short-term (42), Debt: Ultra Short-term Institutional (45), Debt: Short-term (17), Debt: Floating Rate Short-term (14),Debt: Floating Rate Long-term (10), Hybrid: Debt-oriented (16), Debt: Liquid Plus: (26), Debt: Liquid Plus Institutional:(24). These Fund Ratings are as on July 31, 2009. The Value Research Ratings are published in Monthly Mutual Fund Performance Report and Mutual Fund Insight. The Ratings are subject to change every month. The Rating is based on primary data provided by respective funds, Value Research does not guarantee the accuracy. Source : www.valueresearchonline.com

Birla Sun Life Dynamic Bond Fund – 7-Star Fund in ‘Open Ended Debt - Short Term’ schemes category – 17 Schemes – 1 year performance ended 31 Dec 2008. Birla Sun Life Dividend Yield Plus – 5-Star Fund in ‘Open Ended Diversified Equity - Aggressive’ schemes Category – 51 Schemes – 1 year performance ended 31 Dec 2008. Birla Sun Life MNC Fund – 5-Star Fund in ‘Open Ended Diversified Equity - Aggressive’ schemes Category – 51 Schemes – 1 year performance ended 31 Dec 2008. Birla Sun Life Frontline Equity Fund - 5-Star Fund in the category of ‘Open Ended Diversified Equity - Defensive’ schemes Category – 51 Schemes – 1 year performance ended 31 Dec 2008. Birla Sun Life Frontline Equity Fund – Two 5-Star Fund Rankings both in ‘Open Ended Diversified Equity - Defensive’ schemes Category – 51 and 55 Schemes – 1 and 3 year performance ended 31 Dec 2008 respectively. Birla Sun Life Liquid Plus - Institutional Plan - 5-Star Fund in the category of ‘Open Ended Liquid Plus - Institutional Plan’ schemes Category – 34 Schemes – 1 year performance ended 31 Dec 2008. Birla Sun Life Income Plus - 5-Star Fund in the category of ‘Open Ended Debt – Long Term schemes Category – 21 Schemes – 3 year performance ended 31 Dec 2008. Birla Sun Life Gilt Plus-Regular Plan - 5-Star Fund in the category of ‘Open Ended Gilt’ schemes Category – 21 Schemes – 3 year performance ended 31 Dec 2008. The rank for the schemes is an outcome of an objective and comparative analysis against various parameters, including: risk adjusted return, fund size, company concentration, portfolio turnover and liquidity. 7-Star Fund Rank indicates - Best Performance amongst the 5-Star Funds. 5-Star Fund Rank indicates - Best performance (Top 10% of the category). Entry/Exit Loads not considered. Past Performance is no guarantee of future results. Ranking Source & Publisher: ICRA Online Limited

Birla Sun Life Floating Rate Fund – Short Term Plan & Birla Sun Life Floating Rate Fund – Long Term Plan: 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 Sun Life 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 Frontline Equity Fund: CRISIL~CPR 1 -In Diversified Equity Scheme Category (72 Schemes). Birla Sun Life Dividend Yield Plus: CRISIL~CPR 2 -In Diversified Equity Scheme Category (72 Schemes). Birla Sun Life Midcap Fund: CRISIL~CPR 2 -In Small & Mid Equity Scheme Category (21 Schemes). Birla Sun Life 95 Fund: CRISIL~CPR 2 -Consistent CPR Performer - Balanced (14 Schemes). Birla Sun Life 95 Fund: CRISIL~CPR 2 -In Hybrid Equity-Oriented Category (18 Schemes). Birla Sun Life Income Plus: CRISIL~CPR 1 - Consistent CPR Performer - Debt (12 Schemes)Birla Sun Life Income Plus: CRISIL~CPR 2 - Income Scheme Category (24 Schemes)Birla Sun Life Short Term Fund - Retail Plan: CRISIL~CPR 1 - Debt Short Term Scheme Category (22 Schemes).Birla Sun Life Cash Plus - Retail Plan: CRISIL~CPR 2 Consistent CPR Performer - Liquid (16 Schemes)Birla Sun Life Gilt Plus - Regular Plan: CRISIL~CPR 2 - Gilt Scheme Category (19 Schemes)Birla Sun Life Savings Fund -Retail Plan: CRISIL~CPR 2 - Ultra Short Term Debt (31 Schemes)Birla Sun Life Savings Fund - Instituitional Plan: CRISIL~CPR 1 - Ultra Short Term Debt - Institutional Scheme Category (19 Schemes)Birla Sun Life Monthly Income: CRISIL~CPR 2 - MIP Conservative Scheme Category (9 Schemes)Birla Sun Life MIP II Fund - Savings 5 Plan: CRISIL~CPR 1 - MIP Conservative Scheme Category (9 Schemes)Birla Sun Life Floating Rate Fund - Long Term Plan: CRISIL~CPR 2 - Ultra Short Term Debt Scheme Category (31 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, Liquid Institutional and Debt-Short Term – Last 1 years; All other Schemes – Last 2 years and 5 yrs CPR track record for consistent CPR Performers. Fund

Ratings are as on 30 Jun ‘09. Ranking is done on the following parameters depending on scheme category.CRISIL~CPR 1 - indicates “Very Good" performance & ranks within top 10 percentile of the respective category.CRISIL~CPR 2 - indicates “Good" performance & ranks within top 11th - 30th percentile of the respective category.

Ranking Source: Crisil FundServices, CRISIL Limited

Birla Sun Life Mutual Fund: Best Group over 3 years (2005-2008). Group Name - Mixed Asset, Size: 12 fund houses were eligible for the group award. Fund groups with at least five equity, five bond, or three mixed-asset portfolios in the respective asset classes were eligible for a group award. The lowest average decile(1) rank of the three years’ Consistent Return measure of the eligible funds per asset class and group determined the asset class group award winner. Birla Sun Life Asset Allocation Fund-Moderate Plan-Growth (BSLAAF-MP-GR): Best Fund – 3 year performance (2005-2008) No. of Schemes: 7; Classification-Mixed Asset INR Balanced, Birla Sun Life Income Fund-Growth (BSLIF-Gr): Best Fund - 3 year performance (2005-2008) & 10 year performance (1998 – 2008), No. of Schemes: 99 & 16 respectively ; Classification-Bond Indian Rupee-General. BSLAAF-MP-Gr & BSLIF-Gr are awarded Lipper Awards India 2009 on the basis of Consistent Return (Effective Return) value over the relevant performance period. Entry/Exit load not considered. Ranking source: Lipper - A Reuter Co. www.lipperweb.com

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.

& Lipper Awards India 2009 - Award Methodology & Disclaimers:

@@ S & P Fund Management Rating

&&CNBC TV18 - CRISIL Mutual Fund of the Year Award for 2007 & 2008 - Award Methodology & Disclaimer

&&CNBC TV18 - CRISIL Mutual Fund of the Year Award for 2008 - Award Methodology & Disclaimer

Past performance is no guarantee of future results.

Birla Sun Life Mutual Fund, Category - Mutual Fund House of the Year, out of 27 fund houses for 2008 awards and out of 26 fund houses for 2007 awards. Fund Houses winning at least two awards for their schemes in the category level awards for 2008 and 2007 respectively were considered for the award based on consistency of fund house's performance across various scheme categories in the four quarterly CRISIL CPR rankings released during the calendar year 2008 and 2007 respectively. The individual CRISIL CPR ranks for their schemes were aggregated on a weighted average basis to arrive at the final ranks for fund houses in both the years. A detailed methodology of the CRISIL CPR is available at www.crisil.com. Ranking & Award Source: CRISIL Fund Services, CRISIL Ltd. Past performance is no guarantee of future results A detailed methodology of the CRISIL CPR is available at www.crisil.com. Ranking & Award Source: CRISIL Fund Services, CRISIL Ltd.

Birla Sun Life Mutual Fund, Category – Debt Fund House of the Year, out of 27 Fund houses. The award is based on consistency of fund house’s performance across the Gilt, Income, Income – Short, Liquid – Retail, Liquid – Institutional, Liquid – Super Institutional, MIP (Aggressive & Conservative) and Liquid Plus categories in the four quarterly CRISIL CPR rankings released during the calendar year 2008. 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 Sun Life Income Fund (Income Category) 17 schemes: Only Winner.Birla Sun Life Short Term Fund - Retail (Income – Short Term Funds) 15 schemes: Only Winner.Birla Sun Life Gilt Plus – Regular Plan (Gilt Category) 11 schemes: Only Winner.Schemes present in all four quarterly CRISIL CPRs were considered for the award. The award is based on consistency of the scheme’s performance in the four quarterly CRISIL CPR rankings released during the calendar year 2008. The individual CRISIL CPR parameter scores averaged for the four quarters were further multiplied by the parameter weights 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. A detailed methodology of the CRISIL CPR is available at www.crisil.com. Ranking & Award Source: CRISIL Fund Services, CRISIL Ltd.Past performance is no guarantee of future results

Parameters Scheme CategorySuperior Return Score Large Cap Oriented Equity, Diversified Equity, Small and Midcap, ELSS, Balanced, Debt, MIP

(Aggressive & Conservative), Gilt-Long and Consistent CPR Performers – Equity, Balanced and DebtMean Return and Volatility Debt-Short, Ultra Short Term Debt, Liquid, Liquid Institutional & Liquid Super Institutional and Consistent

CPR Performers - Liquid

Portfolio Concentration Analysis All Schemes

Liquidity Analysis All Schemes

Asset Quality Debt Schemes

Average Maturity Debt Schemes

Downside Risk Probability Debt- Short Term, Liquid, Ultra Short Term Debt, Liquid- Institutional & Super Institutional

Asset Size Debt- Short Term, Liquid, Ultra Short Term Debt, Liquid- Institutional & Super Institutional

Historic performance on CRISIL~CPR Consistent CPR Performer – Equity, Balanced, Debt and Liquid categories

For further details on our Funds, please contact our Customers Service Centres at details given below.

BIRLA SUN LIFE ASSET MANAGEMENT COMPANY LTD. BRANCHES

Disclaimer: Any information contained in this publication does not constitute and shall be deemed not to constitute an advice, an ofaffiliates / 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 BSLAMC. or any of their officers, employees, personnel, directors and BSLAMC. and its officers, employees, personnel, directors do not accept responsibility for the editorial content. BSLAMC. 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 Asset Management Company Ltd.(BSLAMC)/ its subsidiaries /

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 Limited 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. Investors should read the Statement of Additional Information / Scheme Information 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.

AHMEDABAD : 079 - 26403553 / 48

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VISAG

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MATHURA 0565 - 3207007 / 6959

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MUMBAI (Fort) : 022 - 66379839 / 41 / 44 / 12

MUMBAI (Head Office) : 022 - 66928000

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IDEA Toll Free No. 1800-270-7000 & the centralised TOLL no. 022-66917777

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(MTNL/BSNL)

Sectoral diversification is key to stable growth. But how much to invest and in which sector is always a big question! A good indicator of sectoral diversification is the BSE 200 (which consists of the Top 200 companies based on their market capitalisation).

BSL Frontline Equity Fund invests in approximately the same proportion as the sectors in the BSE 200, thus giving each sector its due importance and thereby keeping your money invested across sectors at any given time. This discipline also reduces overdependence on a particular sector, giving stability to your portfolio.

The fund manager may also pick promising companies that are not on the BSE 200 list, but heading swiftly towards it and growing much faster than companies already on the list.

No doubt BSL Frontline Equity Fund has earned very high ratings from theevaluating agencies:

Diversified Equity Scheme (72 schemes), 2 yrs ended 30 Jun 09

(3 yrs and 1 yr performance)Open ended Diversified Equity - Defensive (55 schemes), 3 yrs ended 31 Dec 08Open ended Diversified Equity - Defensive (62 schemes), 1 yr ended 31 Dec 08

Crisil: CPR 1

ICRA: 5 – Star Award

Past performance is no guarantee of future results. For award methodology, see page 49

Consistent Performance: Growth + Dividend

Investments In The Most Promising Companies Across Sectors

Highly Ranked For Its Performance

Disclaimer: The portfolio of the scheme is subject to changes within the provisions of the Scheme Information Document. Please refer to the Scheme Information Document for asset allocation, investment strategy and risk factors.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 Limited and Sun Life (India) AMC Investments Inc. (liabilityrestricted to seed corpus of Rs. 1 Lakh). Trustee: Birla Sun Life Trustee Company Pvt. Ltd. Investment Manager: Birla Sun Life Asset Management Company Ltd. Scheme Name and Objective: Birla Sun Life Frontline Equity Fund is an open-ended 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. Date of inception / takeover: August 30, 2002. Entry Load (Including SIP): Nil. Exit Load (Including SIP as at Aug 03, 09): For Purchase / Switch in of units < Rs. 5 Crore in value: 1% (if redeemed / switched out within 3 years from the date of allotment). For Purchase / Switch in of units >= Rs. 5 Crore: Nil. 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 Sponsors / Investment Manager / Mutual Fund does not indicate the future performance of the Scheme and may not necessarily provide a basis of comparison with other investments. The name of the Scheme does not, in any manner, indicate either the quality of the Scheme or its future prospects or returns. Unit holders in the Scheme are not being offered any guaranteed / assured returns. Please refer to the Scheme Information Document for Scheme specific risk factors. Investors should carefully read the Scheme Information Document / Statement of Additional Information / Key Information Memorandum available at Investor Service Centres and with Distributors before investing.

Benefit frominvestments inmost promising

companiesacross sectors

HighlightsLike it is with everything in our lives, we are always looking for steady and consistent growth.

So it is with our investments. But the big question is how? Especially when the economic scenario

is ever changing. How do we always manage to stay a step ahead of the market?

Well the answer is quite simple: Birla Sun Life Frontline Equity Fund (BSL Frontline Equity Fund) - a

fund that gives your investments the much needed edge by investing in performing sectors.

Highlights do not indicate assurance of future scheme performance

255% Dividend Declared Since InceptionDividend History Dividend Date Dividend Cum Dividend NAV

(Rs. per unit) (Rs. per unit)

29 Aug 1.00 13.49

31 Mar 2.00 18.4814 Oct 1.00 16.80

27 Feb 8.00 28.8828 Aug 6.00 23.5629 Jun 4.00 23.86

08 Aug 2.00 20.48

31 Jul 1.50 21.51Dividends mentioned above were on a face value of Rs. 10/unit. After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Inception date: 30 Aug 02. Declaration of dividend is at the discretion of the trustees.

Past Performance may or may not be sustained in the future.

2003

2004

2006

2007

2008

2009

Over 6 times growth

A similar investment in benchmark (BSE 200) would be worth Rs. 5.05 Lakh. Returns computed for growth option. As on 31 Jul 09, CAGR returns for the periods: Since inception, 5 years, 3 years, & 1 year for BSL Frontline Equity Fund is 31.83%, 29.33%, 20.31% & 19.7% respectively vis-a-vis BSE 200 (benchmark) that has delivered 26.37%, 22.72%, 13.98% & 8.45% for the same period.

Past Performance may or may not be sustained in the future.

Hod usnu eF O l fa Tut hu e M Y ee ah rT

2007 &8

020

Awarded by

CNBC TV - 18 CRISIL

Our range of financial solutions

Savings Regular Income Tax Saving Wealth Creation

Our Wealth Creation Solutions aim to grow your money through equity investments and are available in a range of conservative to aggressive options.

Financial Solution(s) stated are ONLY for ease of understanding the scheme’s aimed intent & does not guarantee any specific performance/returns

Rs. 1 Lakh invested inBSL Frontline EquityFund on 30 Aug 02

Rs. 6.77 Lakhas on 31 Jul 09

Documents

How do you always keep your investments at the top? · your investments at the ... Allocation at different market conditions for different types of ... has subsequently put forward