Investment Manager : DSP Merrill Lynch Fund …Investment Manager : DSP Merrill Lynch Fund Managers Ltd. This Key Information Memorandum (KIM) sets forth the information, which a prospective

KEY INFORMATIONMEMORANDUM CUM COMMON

APPLICATION FORM

Schemes re-opened for continuous sale and repurchase on the below mentioned dates :

Investment Manager : DSP Merrill Lynch Fund Managers Ltd.

This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the Schemes/Mutual Fund, due diligence certificateby the AMC, Key Personnel, investors' rights & services, risk factors, penalties & pending litigations, associate transactions etc. investors should, before investment, refer tothe Offer Document available free of cost at any of the Investor Service Centres or distributors or from the website www.dspmlmutualfund.com. The Scheme particulars havebeen prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange Boardof India (SEBI). The Units being offered for public subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM.

Offer of Units at NAV based prices (Entry Load, if any, will be applicable)

DSPMLEF : 30-04-1997DSPMLBF - Retail Plan : 30-04-1997DSPMLLF : 16-03-1998DSPMLGF : 1-10-1999DSPMLBalF : 31-05-1999

DSPMLOF : 18-05-2000DSPMLTF : 18-05-2000DSPMLSTF : 11-09-2002DSPMLTEF : 11-03-2003DSPMLFRF : 14-05-2003

DSPMLITF : 14-06-2004DSPMLSPF-Moderate : 11-03-2003DSPMLSPF-Conservative : 14-06-2004DSPMLSPF-Aggressive : 14-06-2004

Open-ended income SchemesDSP Merrill Lynch Bond Fund (DSPMLBF)DSP Merrill Lynch Government Securities Fund (DSPMLGF)DSP Merrill Lynch Short Term Fund (DSPMLSTF)DSP Merrill Lynch Savings Plus Fund – Conservative (DSPMLSPF – Conservative)DSP Merrill Lynch Savings Plus Fund – Moderate (DSPMLSPF – Moderate)DSP Merrill Lynch Savings Plus Fund – Aggressive (DSPMLSPF – Aggressive)Open-ended liquid SchemesDSP Merrill Lynch Liquidity Fund (DSPMLLF)DSP Merrill Lynch Floating Rate Fund (DSPMLFRF)

Open-ended growth SchemesDSP Merrill Lynch Equity Fund (DSPMLEF)DSP Merrill Lynch Opportunities Fund (DSPMLOF)DSP Merrill Lynch Technology.com Fund (DSPMLTF)DSP Merrill Lynch Top 100 Equity Fund (DSPMLTEF)DSP Merrill Lynch India T.I.G.E.R. Fund (The InfrastructureGrowth and Economic Reforms Fund) (DSPMLITF)

Open-ended balanced SchemeDSP Merrill Lynch Balanced Fund (DSPMLBalF)

SPONSOR

DSP Merrill Lynch Ltd.Mafatlal Centre10th Floor, Nariman PointMumbai - 400 021Tel: 022-5632 8000Fax: 022-2282 1827

ASSET MANAGEMENTCOMPANY

Fund Managers

DSP Merrill Lynch FundManagers LimitedTulsiani Chambers,West Wing,11th Floor,Nariman Point,Mumbai - 400 021Tel: 022- 5657 8000Fax: 022-5657 8181

TRUSTEE

DSP Merrill LynchTrustee CompanyPrivate Ltd.Tulsiani Chambers, West Wing,11th Floor, Nariman PointMumbai - 400 021Tel: 022-5657 8000Fax: 022-5657 8181

CUSTODIAN

Citibank, N.A.Custody ServicesRamnord House,77 Dr. Annie Besant RoadWorli, Mumbai - 400 018Tel: 022-2497 5301Fax: 022-2493 7620

REGISTRAR

Computer Age Management Services Pvt. Ltd.A & B, Lakshmi Bhavan,609, Anna Salai,Chennai - 600 006Tel: 044-28291549, 28295402Fax: 044-28295403

AUDITORS TO THE FUNDS.R. Batliboi & Co.6th Floor, Express TowersNariman PointMumbai - 400 021Tel No : 022 2282 5000Fax No : 022 2282 6000

www.dspmlmutualfund.com

ADDENDUM

This addendum sets out a summary of the changes to be made to DSP Merrill Lynch Government Securities Fund(‘DSP MLGF’) and DSP Merrill Lynch Floating Rate Fund - Institutional Plan in the Key Information Memorandum cumCommon Application Form pursuant to the Resolution dated October 25, 2005 passed by the Trustee.

The changes set out in this addendum will be effective on a prospective basis on and from December 1, 2005.

Scheme Particulars Existing Disclosure Revised Disclosure

DSPMLGF Name of the Fund Manager Dhawal Dalal and Aniruddha Naha Dhawal Dalal

DSP Merrill Lynch Minimum Application First Purchase- First Purchase-Floating Rate Fund- Amount Rs. 1 Crore Rs. 5 CroreInstitutional Plan

For DSP MERRILL LYNCH TRUSTEE COMPANY PVT. LTD.TRUSTEE : DSP MERRILL LYNCH MUTUAL FUND

Place : MumbaiDate : November 18, 2005

Sd/-S. S. Thakur

Director

Sd/-Tarjani Vakil

Director

02-12-2005

ADDENDUM

A new plan, namely, DSP Merrill Lynch Liquidity Fund – Institutional Plan (‘the Plan’), is being introduced under DSP Merrill LynchLiquidity Fund with effect from November 23, 2005. The resolution for the introduction of the Plan was approved by the Trustee onSeptember 22, 2005.

This addendum details the changes to be effected to the Key Information Memorandum cum Common Application Form (‘KIM’) onaccount of the introduction of the Plan.

1. On page 15 of the KIM, the expressions, ‘DSP Merrill Lynch Liquidity Fund’ and ‘DSPMLLF’, wherever they appear, will be substitutedwith the expressions, ‘DSP Merrill Lynch Liquidity Fund – Regular Plan’ and ‘DSPMLLF – Regular Plan’ respectively.

2. After page 15 of the KIM, a new page 15A will be inserted as under:

DSP Merrill Lynch Liquidity Fund – Institutional Plan

Investment Objective The primary investment objective of the Scheme is to seek to generate a reasonablereturn commensurate with low risk and a high degree of liquidity, from a portfolioconstituted of money market securities and high quality debt securities.

Asset Allocation Pattern of Types of Instruments Normal Allocationthe scheme (% of Net Assets)

Debt securities* which at the time of purchase haveresidual or average maturity of more than 367 days.

Money market and/or debt* securities which at the time ofpurchase have residual or average maturity of less than orequal to 367 days or have put options within a period notexceeding 367 days.

*Debt Securities may include securitised debts upto 30%of the net assets.

80%-100%

Plans and Options Options:• Growth• Daily Dividend Reinvest• Weekly Dividend

- Payout Dividend - Reinvest Dividend

Minimum Application Purchase Additional Purchase RepurchaseAmount/Number of Units Rs. 5 crore Rs. 1 lakh Rs. 500/-

• Systematic Investment Plan (SIP) NA

• Systematic Withdrawal Plan (SWP) Rs. 1000/-. Weekly, Monthly and Quarterly Options Available

• Systematic Transfer Plan (STP) Rs. 1000/-. Weekly, Monthly and Quarterly Options Available

Benchmark Index CRISIL Liquid Fund Index (LiquifEX)

Dividend Policy Weekly Dividend Option – Trustee envisages declaring weekly dividends, for UnitHolders on record as on the Thursday of each week or the earlier Business Day, ifThursday is not a Business Day. The Trustee may alter the Record Date at its discretion.Daily Dividend Reinvest Option – Trustee envisages declaring daily dividends for UnitHolders on record as on each day. The dividends so declared will be compulsorilyreinvested. Actual distribution of dividends and the frequency of distribution areprovisional and will be entirely at the discretion of the Trustee. There is no assuranceor guarantee regarding the rate of dividend or regular payment of dividend.

Name of the Fund Manager Sujoy Kr. Das

0% - 20%

02-12-2005

Performance of DSPMLLF – Regular Plan

The compounded annualised returns (Growth Option) shown above are based on a period from “inception”* till 31-Mar in respect ofFY 01-02, FY 02-03, FY 03-04, and FY 04-05, and till 31-Oct-05 for FY 05-06.

Period Compounded Annualised Return

DSPMLLF – Regular Plan Liquifex**

Last 1 year 5.30% 4.65%

Last 3 years 5.16% 4.44%

Last 5 years 6.15% NA#

Since Inception* 6.96% NA#

*Note: As per the SEBI standards for performance reporting, the “since inception” returns are calculated on Rs. 10/- invested atinception. For this purpose, the inception date is deemed to be the date of allotment, i.e. 11-Mar-98.

**Liquifex as on 31-Oct-05 was 1183.98

NAV (Growth Option) as on 31-Oct-05 was Rs. 16.7228

# Since historical data for the adopted benchmark (Liquifex) is not available, performance has not been compared.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with otherinvestments.

Expenses of the Scheme Entry Load Exit Load CDSC

• Load Structure

- Initial Offer Nil Nil Nil

- Continuous Offer Nil Nil Nil

• Recurring Expenses First Rs. 100 Next Rs. 300 Next Rs. 300 Balance Actual Expenses forcrores crores crores 2004 -2005

0.80% 0.80% 0.80% 0.80% N. A.

For DSP MERRILL LYNCH TRUSTEE COMPANY PVT. LTD.TRUSTEE : DSP MERRILL LYNCH MUTUAL FUND

Sd/- Sd/-Place : Mumbai S. S. Thakur Tarjani VakilDate : November 18, 2005 Director Director

ADDENDUM

A new plan, namely, DSP Merrill Lynch Floating Rate Fund – Institutional Plan (‘the Plan’), is being introduced under DSP Merrill LynchFloating Rate Fund with effect from October 18, 2005. The resolution for the introduction of the Plan was approved by the Trustee onAugust 04, 2005.

This addendum details the changes to be effected to the Key Information Memorandum cum Common Application Form (‘KIM’) onaccount of the introduction of the Plan.

1. On page 14 of the KIM, the expressions, ‘DSP Merrill Lynch Floating Rate Fund’ and ‘DSPMLFRF’, wherever they appear, will besubstituted with the expressions, ‘DSP Merrill Lynch Floating Rate Fund – Regular Plan’ and ‘DSPMLFRF – Regular Plan’ respectively.

2. After page 14 of the KIM, a new page 14A will be inserted as under:

DSP Merrill Lynch Floating Rate Fund – Institutional Plan

Investment Objective The primary investment objective of the Scheme is to seek to generate incomecommensurate with prudent risk from a portfolio comprised substantially of floatingrate debt securities and fixed rate debt securities swapped for floating rate returns.The Scheme may also invest in fixed rate debt securities.

Asset Allocation Pattern of Types of Instruments Normal Allocationthe scheme (% of Net Assets)

Floating Rate debt securities* which include money marketsecurities which are floating in nature for eg. Call moneyand repos/fixed rate debt securities swapped for floatingrate returns

65% - 100%

Fixed rate debt* and fixed rate money market securities

*Debt Securities may include securitised debts upto 60%of the net assets.

0% - 35%

Plans and Options Options:• Growth• Daily Dividend Reinvest• Weekly Dividend Reinvest• Dividend - Payout Dividend - Reinvest Dividend

Minimum Application Purchase Additional Purchase Repurchase

Amount/Number of Units Rs. 1 crore Rs. 1 lakh Rs. 500/-

• Systematic Investment Plan (SIP) NA

• Systematic Withdrawal Plan (SWP) Rs. 1000/-. Weekly, Monthly and Quarterly Options Available

• Systematic Transfer Plan (STP) Rs. 1000/-. Weekly, Monthly and Quarterly Options Available

Benchmark Index CRISIL Liquid Fund Index (LiquifEX)

Dividend Policy Dividend Option – Trustee intends to declare annual dividends. Weekly DividendReinvest Option – Trustee envisages declaring weekly dividends for Unit Holders onrecord as on the Thursday of each week or the earlier Business Day, if Thursday is nota Business Day. The Trustee may alter the Record Date at its discretion. The dividendsso declared will be compulsorily reinvested. Daily Dividend Reinvest Option – Trusteeenvisages declaring daily dividends for Unit Holders on record as on each day. Thedividends so declared will be compulsorily reinvested. Actual distribution of dividendsand the frequency of distribution are provisional and will be entirely at the discretionof the Trustee. There is no assurance or guarantee regarding the rate of dividend orregular payment of dividend.

Name of the Fund Manager Dhawal Dalal

4.41%

5.08%5.19%

3.63%

4.14%4.26%

0%

1%

2%

3%

4%

5%

6%

7%

DSPMLFRF LiquifEX

Performance of DSPMLFRF – Regular Plan

The compounded annualised returns (Growth Option) shown above are based on a period from “inception”* till 31-Mar in respect ofFY 03-04 and FY 04-05, and till 29-Sep-05 for FY 05-06. # Absolute Returns for FY 03-04 since the Scheme had not completed 1 year.

Period Compounded Annualised Return

DSPMLFRF – Regular Plan Liquifex**

Last 1 year 5.49% 4.59%

Since Inception* 5.19% 4.26%

*Note: As per the SEBI standards for performance reporting, the “since inception” returns are calculated on Rs. 10/- invested atinception. For this purpose, the inception date is deemed to be the date of allotment, i.e. 13-May-03.

**Liquifex as on 29-Sep-05 was 1179.73

NAV (Growth Option) as on 29-Sep-05 was Rs. 11.2808

Past performance may or may not be sustained in future and should not be used as a basis for comparison with otherinvestments.

Expenses of the Scheme Entry Load Exit Load CDSC

• Load Structure

- Initial Offer Nil Nil Nil

- Continuous Offer Nil Nil Nil

• Recurring Expenses First Rs. 100 Next Rs. 300 Next Rs. 300 Balance Actual Expenses forcrores crores crores 2004 -2005

1.00% 1.00% 1.00% 1.00% N. A.

FOR DSP MERRILL LYNCH TRUSTEE COMPANY PVT. LTD.TRUSTEE : DSP MERRILL LYNCH MUTUAL FUND

Sd/- Sd/-Place : Mumbai Shitin Desai S. S. ThakurDate : October 11, 2005 Chairman Director

13/05/03 to 31/03/04 13/05/03 to 31/03/05 13/05/03 to 29/09/05FY03-04# FY04-05 FY05-06

ADDENDUM

This addendum sets out the changes to be made to DSP Merrill Lynch Equity Fund, DSP Merrill Lynch Opportunities Fund, DSP Merrill LynchTop 100 Equity Fund, DSP Merrill Lynch India T. I. G. E. R. Fund (The Infrastructure Growth and Economic Reforms Fund) and DSP MerrillLynch Balanced Fund in the Key Information Memorandum of (‘the Scheme’) pursuant to the Resolution dated June 20, 2005, passed bythe Trustee. These changes pertain to the introduction of a facility whereby individual investors who subscribe to Units of the aforesaidSchemes through ‘DSP Merrill Lynch Super S.I.P.’ facility (‘SSIP’) will be entitled to a life insurance cover, subject to applicable terms andconditions.

Consequent to the introduction of this facility, the following details will be inserted at the end of Page 1 of the Key Information Memorandum:

DSP Merrill Lynch Super S.I.P. (SSIP) +(Presently available from September 9, 2005 toOctober 25, 2005)

Facility to invest a fixed monthly installment amount (SSIP Installment), which hasto be a minimum of Rs.2000/- per installment, for a fixed term (SSIP Tenure) inDSPMLEF, DSPMLBalF, DSPMLOF, DSPMLTEF and DSPMLITF. The SSIP facility willbe available only under the growth and/or reinvest dividend options under theSchemes

+ Investors (aged above 18 years and below 43 years) who subscribe to the Scheme through SSIP will be entitled to a life insurance cover#

with a Free Cover Limit of Rs. 20 lakhs, subject to the terms and conditions detailed in the Combined Standard Offer Document/Standard Offer Document of the Scheme. Please read the aforesaid terms and conditions carefully before subscribing to theScheme through SSIP.

# Rs. 1000 for the initial 12 months irrespective of SSIP Tenure. After 12 months, where SSIP Tenure is :-

→ 6 years, 11 years & 16 years The sum of all the SSIP Installments remaining in the SSIP Tenure, i.e. SSIP Installment X no. ofmonths from date of death until the end of the SSIP Tenure.

→ 21 years 240 times the SSIP Installment

For non-earning spouses and/or students, the maximum insurance cover will be as follows:(a) Non working spouse: Spouse with no earned or unearned income, the maximum insurance cover will be Rs. 2 Lakhs. In the case of

spouses with unearned income (i.e. investments, rental etc), the maximum insurance cover will be Rs 10 Lakhs.(b) Students: Full time students with no earned or unearned income, the maximum insurance cover will be Rs 5 Lakhs. In the case of

students with unearned income, the maximum insurance cover will be Rs 10 Lakhs.

‘Liquidity’ without terminating the insurance cover:

(i) In case of SSIP Tenure of 6 years, 11 years and 16 years, redemption can be done any time subject to applicable Exit Load and (ii) In caseof SSIP Tenure of 21 years, redemption can be done after 3 years from the date of the first subscription through SSIP for an amount lessthan or equal to the capital appreciation as on the date of redemption.

Any redemption beyond the withdrawals permitted under ‘Liquidity’ or failure to pay more than 5 cumulative installments shall result intermination of the insurance cover.

Applicable Load

SSIP Tenure Entry Load Exit Load

6 years 2.25% 2.00%*

11 years 2.50% 2.00%*

16 years 2.75% 2.00%*

21 years 5.00% 2.00% **

FOR DSP MERRILL LYNCH TRUSTEE COMPANY PVT. LTD.TRUSTEE : DSP MERRILL LYNCH MUTUAL FUND

Place : Mumbai Shitin Desai S. S. ThakurDate : August 19, 2005 Chairman Director

*Applicable if the Units are redeemed before completion of 2 years from the date ofeach investment.**Applicable if the Units are redeemed during the initial 3 years from the date of firstinstallment.

1

INFORMATION COMMON TO ALL SCHEMESRisk Profile of the Schemes : Mutual Fund investments are subject to market risks. Please read the Offer Document carefully for details on risk factors before investment.

Applicable NAV for continuous repurchase and sale

DSPMLLF and DSPMLFRFl Purchase/Switch-in : Application received on any Business Day at the official points of acceptance of transactions: (i) Upto 1.00 p.m. with funds available for utilization on thesame day - Previous day NAV; (ii) Upto 1.00 p.m. without funds available for utilization on the same day or after 1.00 p.m. - NAV of the day immediately preceding the next Business Dayon which the funds are available for utilization.l Repurchase/Redemption/Switch-out : Application received on any Business Day at the official points of acceptance of transactions: (i) Upto 10.00 a.m. - Previous day NAV.(ii) After 10.00 a.m. - NAV of the day immediately preceding the next Business Day.DSPMLEF, DSPMLBF, DSPMLGF, DSPMLBalF, DSPMLOF, DSPMLTF, DSPMLSTF, DSPMLTEF, DSPMLITF, DSPMLSPF-Moderate, DSPMLSPF-Conservative and DSPMLSPF-Aggressivel Purchase/Switch-in : Application received on any Business Day at the official points of acceptance of transactions along with a local cheque or a demand draft payable at par atthe place of submission of the application: (i) Upto 3.00 p.m.- NAV of the same day (ii) After 3.00 p.m. - NAV of the next Business Day. In respect of applications along with outstation cheques/demand drafts not payable at the place of submission of the application, closing NAV of the day on which the cheque/ demand draft is credited shall be applicable.l Repurchase/Redemption/Switch-out : Application received on any Business Day at the official points of acceptance of transactions: (i) Upto 3.00 p.m. - NAV of the same day.(ii) After 3.00 p.m - NAV of the next Business Day.Despatch of Repurchase (Redemption) Request : Within 10 working days of the receipt of the redemption request at the authorised centre of DSP Merrill Lynch Mutual Fund.Name of the Trustee Company : DSP Merrill Lynch Trustee Company Pvt. Ltd.Tax treatment for the Investors (Unitholders) :

I . Income from Units of a mutual fund specified under section 10(23D) of the Income Tax Act,1961 (the Act) is exempt in the hands of unitholders under section 10(35) of the Act.No income tax is deductible under section 194K and 196A of the Act on any income distribution by the Mutual Fund.

I I . Capital Gains and TDS thereon:Tax Rates* under the Act TDS Rate* under the Act

Residents NRIs / PIOs FIIs Residents NRIs / PIOs / other Non FII non-residents FIIs

Short units of a non Taxable at normal rates of 30% without 30% for non resident non corporates,Term equity tax applicable to the assessee indexation benefit 40% for non resident corporates,Capital oriented fund (u/s 115AD) (u/s 195)***Gain NIL NIL

units of an 10% on redemption of units where STT isequity oriented payable on redemption (u/s 111A)fund

Long units of a non 10% without indexation, or 10% with no 20% for non residents (u/s 195)Term equity oriented 20% with indexation, indexation benefitCapital fund whichever is lower (u/s 112) (u/s 115AD) NIL NILGain **

units of an Exempt in case of redemption of units where NILequity oriented STT is payable on redemption [u/s 10(38) ]fund

* plus surcharge as applicable: corporates, co-operative societies, firms and local authorities: 2.5% ( from F.Y.2005-2006 rate to be increased to 10% as proposed by Finance Bill, 2005.No surcharge on co-operative societies and local authorities from F.Y.2005-2006, as proposed by Finance Bill, 2005.); Individuals/HUFs/BOIs/AOPs, with total income exceeding Rs. 8,50,000/-(from F.Y. 2005-2006 amount to be increased to Rs. 10,00,000 as proposed by Finance Bill, 2005) : 10%; Artificial juridical person: 10%. ** Capital Gains on redemption of units held fora period of more than 12 months from the date of allotment. *** As per section 111A of the Act, effective from 1/10/2004 short-term capital gains on equity oriented fund is chargeableto tax at a lower rate of 10 percent. The unitholder is required to provide the mutual fund with a certificate under section 197 of the Act from its Assessing Officer stating his eligibilityfor the lower rate.l Long Term Capital Gains arising from redemption of unit of a non equity oriented fund are exempt from tax, if gains are invested in specified bonds within 6 months from the date

of redemption, under Section 54EC of the Act or if gains are invested in eligible equity issues within 6 months from the date of redemption, under Section 54ED of the Act.l In order for the unitholder to obtain the benefit of a lower rate under the DTAA, an eligibility certificate from unitholder’s Assessing Officer should be provided to the Fund.

I I I . Investments in units of the Fund by Religious and Charitable Trusts is an eligible investment under section 11(5) of the Income Tax Act, 1961 read with Rule 17C of the IncomeTax Rules, 1962.

IV. Education Cess: As per Finance (No. 2) Act, 2004, education cess of 2% will be additionally charged on all tax rates ( on income tax and surcharge) including TDS rate, exceptSTT.

V. Under section 94(7) of Act: Loss arising on sale (including redemption) of units, which are bought upto 3 months prior to the record date and sold within 9 months after the recorddate, shall be ignored to the extent such loss does not exceed the amount of such income/dividend, in computation of the income chargeable to tax. “Also, under section 94(8), if anyadditional units are allotted (bonus units) on units purchased within a period of three months prior to the record date and original units are sold within a period of 9 months afterthe record date, the loss on sale of original units will be ignored and the amount of such loss shall be considered as the cost of purchase or acquisition of such bonus units.

VI. Securities Transaction Tax (STT), Chapter VII of the Finance (No. 2) Act, 2004: From 1/10/2004, the seller of an equity oriented mutual fund units has to paya STT of 0.15% (to be increased to 0.20% from June 01, 2005 as proposed by Finance Bill, 2005) of the value of sale transaction, where value shall be the price at which the unitsare repurchased by the Fund.

VII. Wealth Tax Act, 1957: Units are not treated as assets under section 2(ea) and therefore, not liable to wealth tax.

VII I . Gift Tax Act, 1958: Not Applicable on gifts made on or after October 1, 1998.For further details, please refer the Combined Standard Offer Document. The above information is provided for general informationpurposes only and to the extent applicable, applies to each scheme. In view of the individual nature of tax benefits, each investor is advisedto consult his or her own tax consultant with respect to the specific tax implications arising out of his or her participation in the schemeconcerned.Daily Net Asset Value (NAV) Publication : The NAV will be declared on all Business Days (all days for DSPMLLF and DSPMLFRF) and will be published in two newspapers. NAVcan also be viewed on www.dspmlmutualfund.com and www.amfiindia.com. You can also telephone us at : 1-600-33-4499.For Investor Grievances please contact : Computer Age Management Services Pvt. Ltd., A&B Lakshmi Bhavan, 609, Anna Salai, Chennai - 600 006.Tel.: 044-28291549, 28295402; Fax: 044-28295403; E-mail id: [email protected] OR DSP Merrill Lynch Mutual Fund, Tulsiani Chambers, West Wing, 11th Floor, Nariman Point, Mumbai- 400 021.Tel.: 022-56578000; Fax: 022-56578181; E-mail id: [email protected]’ Information : Accounts statement (on each transaction), Annual Financial results and Half yearly portfolio disclosure shall be provided to investors by post or asprovided by the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.

2

Performance of the Scheme – Comparative Performance as on March 31, 2005

Anup Maheshwari

DSP MERRILL LYNCH TECHNOLOGY.COM FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate long term capital appreciation and the secondary objective is incomegeneration and the distribution of dividend from a portfolio constituted of equity and equity related securities concentrating on theInvestment Focus of the Scheme. The Investment Focus of the Scheme is to invest in technology and technology dependent companies.

Asset Allocation Pattern of theScheme

Types of Instruments Normal Allocation(% of Net Assets)

Equity and Equity related securities 80% - 100%

Fixed Income securities (Debt* & Money market securities) 0% - 20%* Debt securities/ instruments are deemed to include securitised debts.

Plans and Options Options : l Growth l Dividend :

– Payout Dividend

– Reinvest Dividend

Minimum ApplicationAmount / Number of Units

l Purchase l Additional Purchase l Repurchase

Rs. 5,000/- Rs. 1,000/- Rs. 500/-

l Systematic Investment Plan(SIP)

Rs. 1,000/-. Monthly and Quarterly options available.

l Systematic Withdrawal Plan(SWP)

Rs. 1,000/-. Weekly, Monthly and Quarterly options available.


BSE TECk Index

Dividend Option - Trustee intends to declare annual dividends. Actual distribution of dividends and the frequency of distributionare provisional and will be entirely at the discretion of the Trustee.

l Systematic Transfer Plan (STP)

Benchmark Index

Dividend Policy

Name of the Fund Manager

Expenses of the Scheme

l Load structure

– Continuous offer

– SIP

l Recurring Expenses

Entry Load Exit Load CDSC

2.25% Nil Nil

1.00% Nil 1.25% : If investment is redeemed before the completion of 2 years.

Nil : If investment is redeemed on or after the completion of 2 years.

No Entry Load / Exit Load / CDSC will be charged on purchase / redemption of Units by a Fund of Funds scheme.

First Rs.100 Next Rs.300 Next Rs.300 Balance Actual Expensescrores crores crores for 2004-2005

2.50% 2.25% 2.00% 1.75% 2.49%

Compounded Annualised Return

Period DSPMLTF BSE TECk Index**

Last 1 year 47.23%* 49.57%

Last 3 years 31.41%* 21.33%

Since inception*** 1.74% - 4.54%

* All returns shown do not take into account the entry load and hence, actualreturns would be lower than those shown. NAV as on 31-Mar-05 : Rs. 10.88.

** BSE TECk Index as of 31-Mar-05 was 1732.00

*** Note: As per the SEBI standards for performance reporting, the “sinceinception” returns are calculated on Rs. 10/- invested at inception. For this purposethe inception date is deemed to be the date of allotment, i.e. 16-May-00.

Past performance may or may not be sustained in future andshould not be used as a bas i s for compar i son with otherinvestments.

The compounded annualised returns shown above are based on a period from“inception”*** till 31-Mar. of the respective financial years.# Absolute returns for FY 00-01 since the Scheme had not completed 1 year.

Please refer to page no. 1 for other features of the Scheme.

3

Performance of the Scheme

Anup Maheshwari and Soumendra Nath Lahiri

DSP MERRILL LYNCH INDIA T.I.G.E.R. FUND (THE INFRASTRUCTURE GROWTH AND ECONOMIC REFORMS FUND)

Investment Objective The primary investment objective of the Scheme is to seek to generate capital appreciation, from a portfolio that is substantiallyconstituted of equity securities and equity related securities of corporates, which could benefit from structural changes broughtabout by continuing liberalization in economic policies by the Government and/or from continuing investments in infrastructure, bothby the public and private sector. The Scheme may also invest a certain portion of its corpus in debt and money market securities, inorder to meet liquidity requirements from time to time.




Debt Securitised Debt and Money market securities 0% - 10%

ADR, GDR and Foreign securities 0% - 25%

Plans and Options Options : l Growth l Dividend :– Payout Dividend– Reinvest Dividend



Rs. 5,000/- Rs. 1,000/- Rs. 500/-






BSE 100



Benchmark Index

Dividend Policy



l Load structure


– SIP



2.25% : For investments < Rs.5 crores. Nil NilNil : For investments ≥ Rs.5 crores

1.00% Nil 1.25% : If investment is redeemed before thecompletion of 2 years.

Nil : If investment is redeemed on or after thecompletion of 2 years.



2.50% 2.25% 2.00% 1.75% 2.30%

For compounded annualised returns of similar schemes, please refer to the performance of DSPMLOF on page no. 4, DSPMLTEFon page 5 and DSPMLEF on page 6.


4

* All returns do not take into account the entry load, hence actual returns would belower than those shown. NAV (Growth Option) as on 31-Mar-05 : Rs. 26.29.

** S&P CNX Nifty index as of 31-Mar-05 was 2035.65

***Note: As per the SEBI standards for performance reporting, the “sinceinception” returns are calculated on Rs. 10/- invested at inception. For this purposethe inception date is deemed to be the date of allotment, i.e. 16-May-00.



Period DSPMLOF S&P CNX Nifty**Growth Option

Last 1 year 31.91%* 14.89%Last 3 years 48.34%* 21.61%Since inception*** 21.92% 9.51%

The compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”*** till 31-Mar. of the respective financial years. # Absolutereturns for FY 00-01 since the Scheme had not completed 1 year.

Anup Maheshwari

DSP MERRILL LYNCH OPPORTUNITIES FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate long term capital appreciation and the secondary objectiveis income generation and the distribution of dividend from a portfolio constituted of equity and equity related securitiesconcentrating on the Investment Focus of the Scheme. The Investment Focus of the Scheme is to respond to the dynamicallychanging Indian economy by moving its investments amongst different sectors as prevailing trends change.




Fixed Income securities (Debt* & Money market securities) 0% - 20%* Debt securities/ instruments are deemed to include securitised debts.




Rs. 5,000/- Rs. 1,000/- Rs. 500/-






S&P CNX Nifty

Dividend Option - Trustee intends to declare annual dividends. Actual distribution of dividends and the frequency ofdistribution are provisional and will be entirely at the discretion of the Trustee.


Benchmark Index

Dividend Policy




l Load structure


– SIP





Nil : If investment is redeemed on or afterthe completion of 2 years.



2.50% 2.25% 2.00% 1.75% 2.07%


5

* All returns do not take into account the entry load, hence actual returns would belower than those shown. NAV (Growth Option) as on 31-Mar-05 : Rs. 26.68.

** BSE 100 Index as of 31-Mar-2005 was 3481.86.

*** Note : As per the SEBI standards for performance reporting, the “sinceinception” returns are calculated on Rs. 10/- invested at inception. For this purposethe inception date is deemed to be the date of allotment, i.e. 10-Mar-03.


Compounded Annua l i sed Return

P e r i o d DSPMLTEF BSE 100**Growth Opt ion

Last 1 Year 21.49%* 17.38%

Since inception*** 61.01% 48.27%

The compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”*** till 31-Mar. of the respective financial years.# Absolute Returns for FY 02-03 since the Scheme had not completed 1 year.

Anup Maheshwari and Rajesh Kothari

DSP MERRILL LYNCH TOP 100 EQUITY FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate capital appreciation from a portfolio that is substantiallyconstituted of equity securities and equity related securities of the 100 largest corporates, by market capitalisation, listed inIndia. The Scheme may also invest a certain portion of its corpus in debt and money market securities, in order to meet liquidityrequirements from time to time.




Debt Securitised Debt and Money market securities 0% - 10%

Plans and Options Options : l Growth l Dividend :– Pay Dividend– Reinvest Dividend



Rs. 5,000/- Rs. 1,000/-. Rs. 500/-






BSE 100 Index



Benchmark Index

Dividend Policy




l Load structure


– SIP








2.50% 2.25% 2.00% 1.75% 2.37%


6

Compounded Annual i sed Return

Per iod DSPMLEF S&P CNX Nifty**

Last 1 year 38.94%* 14.89%

Last 3 years 44.74%* 21.61%

Last 5 years 9.34%* 5.90%

Since inception*** 23.36%* 8.61%

The compounded annualised returns shown above are based on a period from“inception”*** till 31-Mar. of the respective financial years.

* All returns are based on changes in net asset values for the periods shown andassume reinvestment of dividend at net asset value on the ex-dividend date. Thereturns do not take into account the entry load, hence actual returns would be lowerthan those shown.

NAV as on 31-Mar-05 : Rs. 28.90.

** S&P CNX Nifty index as of Mar-31-05 was 2035.65.*** Note: As per the SEBI standards for performance reporting, the “since inception”returns are calculated on Rs. 10/- invested at inception. For this purpose the inceptiondate is deemed to be the date of allotment, i.e. 29-Apr-97.

Past performance may or may not be sustained in future and shouldnot be used as a basis for comparison with other investments.

Anup Maheshwari

DSP MERRILL LYNCH EQUITY FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate long term capital appreciation, from a portfolio that issubstantially constituted of equity securities and equity related securities of issuers domiciled in India. The Scheme may also invest acertain portion of its corpus in debts and money market securities, in order to meet liquidity requirements from time to time.



Equity and Equity related securities Approximately upto 90%

Fixed Income securities (Debt* & Money market securities) Approximately upto 10%* Debt securities/instruments are deemed to include securitised debts.

Plans and Options – Pay Dividend Option

– Reinvestment of Dividend Option



Rs. 5,000/- Rs. 1,000/- Rs. 500/-






S&P CNX Nifty

As this Scheme is a growth-oriented Scheme, the Trustee does not envisage any dividend distribution. However, the Trustee reservesthe right to declare a dividend. Actual distribution of dividends and the frequency of distribution are entirely at the discretion ofthe Trustee.


Benchmark Index

Dividend Policy




l Load structure


– SIP




1.00% Nil 1.25% if investment is redeemed before thecompletion of 2 years.




2.50% 2.25% 2.00% 1.75% 2.37%


7

** BalanceEX as of 31-Mar-05 was 1570.15.

# Since historical data for the adopted benchmark (BalanceEX) is not available,performance has not been compared. NAV (Growth Option) as on 31-Mar-05 : Rs. 22.19.


Compounded Annual i sed Return

Per iod DSPMLBa lF BalanceEX**Growth Opt ion

Last 1 year 22.60% 8.25%



Since inception* 14.60% NA#

The compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”* till 31-Mar. of the respective financial years.

* Note: As per the SEBI standards for performance reporting, the “since inception”returns are calculated on Rs. 10/- invested at inception. The inception date is deemedto be the date of allotment, i.e. 27-May-99.

Anup Maheshwari

DSP MERRILL LYNCH BALANCED FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate long term capital appreciation and current income from aportfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities).



Equity and Equity related securities Approximately: 60%(minimum 30%)

Debt Securitised Debt and Money market securities Approximately: 40%(minimum 30%).




Rs. 5,000/- Rs. 1,000 Rs. 500/-






CRISIL Balanced Fund Index (BalanceEX)



Benchmark Index

Dividend Policy




l Load structure




Nil Nil 0-12 mths : 1.25%, >12 mths : Nil



2.10% 2.00% 1.75% 1.50% 1.97%


8


S. Naganath

For compounded annualised returns of similar schemes, please refer to the performance of DSPMLSPF - Moderate on page no. 9.

DSP MERRILL LYNCH SAVINGS PLUS FUND – AGGRESSIVE

Investment Objective The primary investment objective of the Scheme is to seek to generate an attractive return, consistent with prudent risk, from aportfolio which is substantially constituted of quality debt securities. The Scheme will also seek to generate capital appreciationby investing a smaller portion of its corpus in equity and equity related securities of the 100 largest corporates, by marketcapitalization, listed in India. The Scheme will also invest a certain portion of its corpus in money market securities, in order tomeet liquidity requirements from time to time.




*Debt and Money Market Securities 70% - 100%*Debt securities may include securitised debts upto 50% of the net assets.

Plans and OptionsOptions : l Growth l Monthly Income Payment (MIP)* l Quarterly Income Payment (QIP)

– Payout Dividend – Payout Dividend– Reinvest Dividend – Reinvest Dividend

* Monthly Income is not assured and subject to the availability of distributable surplus.



Rs. 10,000/- Rs. 1,000/- Rs. 500/-






CRISIL MIP Blended Index

Monthly Income Payment Option - Trustee envisages declaring monthly dividends for Unitholders on record as on the 28th of eachmonth or the immediately preceding Business Day, if 28th is not a Business Day. Quarterly Income Payment Option - Trusteeenvisages declaring quarterly dividends for Unitholders on record as on the 28th of the last month of each quarter of the financialyear or the immediately preceding Business Day, if 28th is not a Business Day. The Trustee may alter the Record Date at its discretion.Actual distribution of dividends and the frequency of distribution are provisional and will be entirely at the discretion of theTrustee. There is no assurance or guarantee regarding the rate of dividend or regular payment of dividend.


Benchmark Index

Dividend Policy



l Load structure




Nil Nil For investments ≥ Rs. 5 crore : NilFor investments < Rs.5 crores0 to 30 days 0.60%31 to 60 days 0.50%61 to 90 days 0.40%91 to 120 days 0.30%121 to 150 days 0.20%151 to 180 days 0.10%over 180 days Nil



2.25% 2.00% 1.75% 1.50% 2.05%


9

* CRISIL MIP Blended Index as of Mar-31-05 was 1296.96

** Note: As per the SEBI standards for performance reporting, the “since inception”returns are calculated on Rs. 10/- invested at inception. For this purpose the inceptiondate is deemed to be the date of allotment, i.e. 10-Mar-03.

NAV (Growth Option) as on 31-Mar-05 : Rs. 12.5556.



Period DSPMLSPF - Moderate CRISIL MIP Blended Index*Growth Option

Last 1 Year 6.89% 2.37%

Since inception** 11.68% 10.06%

The compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”** till 31-Mar. of the respective financial years. # AbsoluteReturns for FY 02-03 since the Scheme had not completed 1 year.

S. Naganath

DSP MERRILL LYNCH SAVINGS PLUS FUND – MODERATE






Plans and Options Options : l Growth l Monthly Income Payment (MIP)* l Quarterly Income Payment (QIP)– Payout Dividend – Payout Dividend– Reinvest Dividend – Reinvest Dividend




Rs. 10,000/- Rs. 1,000/- Rs. 500/-l Systematic Investment Plan

(SIP)Rs. 1,000/-. Monthly and Quarterly options available.





Monthly Income Payment Option - Trustee envisages declaring monthly dividends for Unitholders on record as on the 28th of eachmonth or the immediately preceding Business Day, if 28th is not a Business Day. Quarterly Income Payment Option - Trusteeenvisages declaring quarterly dividends for Unitholders on record as on the 28th of the last month of each quarter of the financialyear or the immediately preceding Business Day, if 28th is not a Business Day. The Trustee may alter the Record Date at itsdiscretion. Actual distribution of dividends and the frequency of distribution are provisional and will be entirely at the discretionof the Trustee. There is no assurance or guarantee regarding the rate of dividend or regular payment of dividend.


Benchmark Index

Dividend Policy




l Load structure




Nil Nil For investments > Rs. 50 lakhs : NilFor investments ≤ Rs.50 lakhs0 to 30 days 0.60%31 to 60 days 0.50%61 to 90 days 0.40%91 to 120 days 0.30%121 to 150 days 0.20%151 to 180 days 0.10%over 180 days Nil



2.25% 2.00% 1.75% 1.50% 1.89%


10


S. Naganath

DSP MERRILL LYNCH SAVINGS PLUS FUND – CONSERVATIVE






Plans and Options Options : l Growth l Monthly Income Payment (MIP)* l Quarterly Income Payment (QIP)– Payout Dividend – Payout Dividend– Reinvest Dividend – Reinvest Dividend




Rs. 10,000/- Rs. 1,000/- Rs. 500/-







Monthly Income Payment Option - Trustee envisages declaring monthly dividends for Unitholders on record as on the 28th of eachmonth or the immediately preceding Business Day, if 28th is not a Business Day. Quarterly Income Payment Option - Trusteeenvisages declaring quarterly dividends for Unitholders on record as on the 28th of the last month of each quarter of the financialyear or the immediately preceding Business Day, if 28th is not a Business Day. The Trustee may alter the Record Date at its discretion.Actual distribution of dividends and the frequency of distribution are provisional and will be entirely at the discretion of theTrustee. There is no assurance or guarantee regarding the rate of dividend or regular payment of dividend.


Benchmark Index

Dividend Policy



l Load structure




Nil Nil For investments > Rs. 50 lakhs : NilFor investments ≤ Rs.50 lakhs0 to 30 days 0.60%31 to 60 days 0.50%61 to 90 days 0.40%91 to 120 days 0.30%121 to 150 days 0.20%151 to 180 days 0.10%over 180 days Nil



2.25% 2.00% 1.75% 1.50% 2.22%

For compounded annualised returns of similar schemes, please refer to DSPMLSPF - Moderate on page no. 9.


11

Compounded Annualised ReturnPeriod Plan A Libex**

Growth OptionLast 1 year -0.11% -2.21%Last 3 years 9.52% 9.54%Last 5 years 14.35% 16.52%Since Inception* 14.70% 17.15%

Compounded Annualised ReturnPeriod Plan B Sibex***

Growth OptionLast 1 year 3.38% 3.38%Last 3 years 5.38% 6.33%Last 5 years 7.64% 8.70%Since Inception* 7.92% 9.07%

Compounded annualised returns (Growth Option) shown above for Plan A and Plan B are based on a period from “inception” * ti l l 31-Mar. of the respective financial years.


Dhawal Dalal and Aniruddha Naha

DSP MERRILL LYNCH GOVERNMENT SECURITIES FUNDInvestment Objective(Plan A and Plan B)

The primary objective of the Investment Plans under the Scheme is to generate income through investment in Central GovernmentSecurities of various maturities. Plan A will have a portfolio comprising solely of Central Government securities with balancematurity ranging from more than one year to 30 years or higher. However a small part of the portfolio may be invested in securitieswith balance maturity of less than one year. Plan B will have a portfolio comprising solely of Central Government Securities witha residual maturity less than or equal to 5 years. It is envisaged that the average maturity of this portfolio will not exceed 3 years.



Central Government Securities, repos / reverse repos in Central GovernmentSecurities as may be permitted by Reserve Bank of India. 80% - 100%Call money market or alternative investment for call money market as maybe provided by the Reserve Bank of India. 0% - 20%

Plans and Options Plans : l Plan A (Longer Duration Plan)Options : l Growth l Dividend l Monthly Dividend

– Payout – PayoutDividend Dividend

– Reinvest – ReinvestDividend Dividend


l Purchase l Additional Purchase l RepurchaseRs. 5,000/- Rs. 1,000/- Rs. 500/-






Plan A - Long ICICI Securities Sovereign Bond Index (LIBEX)Plan B - Short ICICI Securities Sovereign Bond Index (SIBEX)Dividend Option - Trustee intends to declare half yearly dividends in the months of March and September. Monthly Dividend Option- Trustee envisages declaring monthly dividends for Unitholders on record as on the 28th of each month or the immediately precedingBusiness Day, if 28th is not a Business Day. The Trustee may alter the Record Date at its discretion. There is no assurance orguarantee regarding the rate of dividend or regular payment of dividend. Actual distribution of dividends and the frequency ofdistribution are provisional and will be entirely at the discretion of the Trustee.

l Systematic Transfer Plan (STP)Benchmark Index

Dividend Policy(Plan A and Plan B)


l Plan B (Shorter Duration Plan)l Growth l Dividend l Monthly Dividend

– Payout – PayoutDividend Dividend

– Reinvest – ReinvestDividend Dividend

– Plan A – Plan B

* Note: As per the SEBI standards for performance reporting, the “since inception” returns are calculated on Rs. 10/- invested at inception. For this purpose the inception dateis deemed to be the date of allotment, i.e. 30-Sep-99. As on 31-Mar-05 : ** Long ICICI Securities Sovereign Bond Index was 4481.48 *** Short ICICI Securities Sovereign BondIndex was 2590.01. NAV (Growth Option) as on 31-Mar-05 : DSPMLGF - Longer Duration Plan - Rs. 21.2689. DSPMLGF - Shorter Duration Plan - Rs. 15.2128.Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.Expenses of the Scheme

l Load structure


l Recurring Expenses(Plan A and Plan B)


Nil Nil PLAN A : For investments > Rs. 50 lakhs : NilFor investments ≤ Rs.50 lakhs0 to 30 days 0.60% 91 to 120 days 0.30%31 to 60 days 0.50% 121 to 150 days 0.20%61 to 90 days 0.40% 151 to 180 days 0.10%

over 180 days NilPLAN B : Ni l

No Entry Load / Exit Load / CDSC will be charged on purchase / redemption of Units by a Fund of Funds scheme.First Rs.100 Next Rs.300 Next Rs.300 Balance Actual Expensescrores crores crores for 2004-20051.25% 1.25% 1.25% 1.25% Plan A : 1.22% Plan B : 0.68%


12

* Note: As per the SEBI standards for performance reporting, the “since inception”returns are calculated on Rs. 10/- invested at inception. For this purpose the inceptiondate is deemed to be the date of allotment, i.e. 29-Apr-97 for DSPML Bond Fund RetailPlan. *** CRISIL Composite Bond Fund Index as of 31-Mar-05 was 1208.99 # Sincehistorical data for the adopted benchmark (CRISIL Composite Bond Fund Index) is notavailable, performance has not been compared. NAV (Growth Option) as on 31-Mar-05 :DSPMLBF - Retail Plan - Rs. 22.9778.


Compounded Annualised ReturnPeriod DSPMLBF - Retail Plan CompBEX***

Growth Option

Last 1 year 0.53% 0.18%Last 3 years 6.93% NA#Last 5 years 10.01% NA#Since inception* 11.07% NA#

Compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”* till 31-Mar. of the respective financial years.

Dhawal Dalal

DSP MERRILL LYNCH BOND FUNDInvestment Objective The primary investment objective of the Scheme is to seek to generate an attractive return, consistent with prudent risk, from a

portfolio which is substantially constituted of high quality debt securities, predominantly of issuers domiciled in India. As asecondary objective, the Scheme will seek capital appreciation. The Scheme will also invest a certain portion of its corpus in moneymarket securities, in order to meet liquidity requirements from time to time.



*Debt & Money market securities: Entire 100%.* Debt securities may include securitised debts up to 50% of the net assets.

Plans and Options

Minimum ApplicationAmount / Number of Units– DSPML Bond Fund

– Retail Plan


Rs. 5,000/- Rs. 1,000/- Rs. 500/-






CRISIL Composite Bond Fund Index (CompBEX)

Dividend Option - Trustee intends to declare annual dividends. Monthly Dividend Option - Trustee envisages declaring monthlydividends for Unitholders on record as on the 28th of each month or the immediately preceding Business Day, if 28th is not aBusiness Day. The Trustee may alter the Record Date at its discretion. There is no assurance or guarantee regarding the rate ofdividend or regular payment of dividend. Actual distribution of dividends and the frequency of distribution are provisional and willbe entirely at the discretion of the Trustee.


Benchmark Index

Dividend Policy


Plan : l Retail PlanOptions : l Growth l Dividend l Monthly Dividend

– Payout Dividend – Payout Dividend– Reinvest Dividend – Reinvest Dividend


DSP Merrill Lynch Bond Fund – Retail Plan


l Load structure


– DSPMLBF – Retail Plan


– DSPMLBF – Retail Plan


Nil Nil For investments > Rs. 50 lakhs : Nil

For investments ≤ Rs.50 lakhs0 to 30 days 0.60% 91 to 120 days 0.30%31 to 60 days 0.50% 121 to 150 days 0.20%61 to 90 days 0.40% 151 to 180 days 0.10%

over 180 days Nil



2.25% 2.00% 1.75% 1.50% 1.81%


13

* Note: As per the SEBI standards for performance reporting, the “since inception”returns are calculated on Rs. 10/- invested at inception. For this purpose the inceptiondate is deemed to be the date of allotment, i.e. 09-Sep-02.

** LiquifEX as on 31-Mar-05 was 1152.84.

NAV (Growth Option) as on 31-Mar-05 : Rs. 11.5625



Period DSPMLSTF LiquifEX**Growth Option

Last 1 year 4.19% 4.17%

Since inception* 5.84% 4.46%

The compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”* till 31-Mar. of the respective financial years. # Absolutereturns for FY 02-03 since the Scheme had not completed 1 year.

Sujoy Kr. Das

DSP MERRILL LYNCH SHORT TERM FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate income commensurate with prudent risk, from a portfolioconstituted of money market securities, floating rate debt securities and debt securities.



Fixed rate debt securities* having residual or average maturity of more than 367 days 0% - 50%and floating rate debt security where the next reset date is more than 367 days fromthe date of purchase.

Money Market Securities, Floating rate debt securities** whose coupon(s) are reset at 50% - 100%least once a year, Fixed rate debt securities* having an average or residual maturity ofless than or equal to 367 days or having put options within a period not exceeding 367 days.

* Debt securities may include securitised debts up to 60% of the net assets.**Floating rate debt securities will include fixed rate debt securities swapped for floating rate returns by using derivatives.

Plans and Options Options : l Growth l Weekly Dividend Reinvest l Monthly Dividend l Dividend– Payout Dividend – Payout Dividend– Reinvest Dividend – Reinvest Dividend



Rs. 25,000/- Rs. 1,000/- Rs. 500/-


NA




CRISIL Liquid Fund Index (LiquifEX)

Dividend Option - Trustee intends to declare annual dividends. Monthly Dividend Option - Trustee envisages declaring monthlydividends for Unitholders on record as on the 28th of each month or immediately preceding Business Day, if 28th is not a BusinessDay. Weekly Dividend Reinvest Option - Trustee envisages declaring weekly dividends for Unitholders on record as on the Thursdayof each week or the earlier Business Day, if Thursday is not a Business Day. The dividends so declared will be compulsorilyreinvested.The Trustee may alter the Record Date at its discretion. Actual distribution of dividends and the frequency of distributionare provisional and will be entirely at the discretion of the Trustee. There is no assurance or guarantee regarding the rate ofdividend or regular payment of dividend.


Benchmark Index

Dividend Policy




l Load structure




Nil Nil Nil



1.50% 1.50% 1.50% 1.50% 0.72%


14

* Note: As per the SEBI standards for performance reporting, the “since inception”returns are calculated on Rs. 10/- invested at inception. For this purpose the inceptiondate is deemed to be the date of allotment, i.e. 13-May-03.

** LiquifEX as of 31-Mar-05 was 1152.84.

NAV as on 31-Mar-05 : Rs. 10.9783.



Period DSPMLFRF LiquifEX**Growth Option

1 year 5.15% 4.17%

Since inception* 5.08% 4.14%

The compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”* till 31-Mar. of the respective financial years. # Absolutereturns for FY 03-04 since the Scheme had not completed 1 year.

Dhawal Dalal

DSP MERRILL LYNCH FLOATING RATE FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate income commensurate with prudent risk from a portfoliocomprised substantially of floating rate debt securities and fixed rate debt securities swapped for floating rate returns. TheScheme may also invest in fixed rate debt securities.



Floating rate debt securities which include money market securities which are 65% - 100%.floating in nature for e.g. call money and repos / fixed rate debt securities*swapped for floating rate returns.

Fixed rate debt securities*/fixed rate money market securities. 0% - 35%*Debt securities may include securitised debts up to 60% of the net assets.

Plans and Options Options : l Growth l Daily Dividend Reinvest l Weekly Dividend Reinvest l Dividend– Payout Dividend– Reinvest Dividend



Rs. 25,000/- Rs. 1,000/- Rs. 500/-


N A





Dividend Option - Trustee intends to declare annual dividends. Weekly Dividend Reinvest Option - Trustee envisages declaringweekly dividends for Unitholders on record as on the Thursday of each week or the earlier Business Day, if Thursday is not a BusinessDay. The Trustee may alter the Record Date at its discretion. The dividends so declared will be compulsorily reinvested. DailyDividend Reinvest Option - Trustee envisages declaring daily dividends for Unitholders on record as on each day. The dividends sodeclared will be compulsorily reinvested. Actual distribution of dividends and the frequency of distribution are provisional and willbe entirely at the discretion of the Trustee. There is no assurance or guarantee regarding the rate of dividend or regular paymentof dividend.


Benchmark Index

Dividend Policy




l Load structure




Nil Nil Nil



1.50% 1.50% 1.50% 1.50% 0.68%


15

* Note: As per the SEBI standards for performance reporting, the “since inception”returns are calculated on Rs. 10/- invested at inception. For this purpose the inceptiondate is deemed to be the date of allotment, i.e. 11-Mar-98.** LiquifEX as on 31-Mar-05 was 1152.84.# Since historical data for the adopted benchmark (CRISIL Liquid Fund Index) is notavailable, performance has not been compared.NAV (Growth Option) as on 31-Mar-05 : Rs. 16.2093.Past performance may or may not be sustained in future and shouldnot be used as a basis for comparison with other investments.


Period DSPMLLF LiquifEX**Growth Option

Last 1 year 4.81% 4.17%Last 3 years 5.51% NA#Last 5 years 6.50% NA#Since Inception* 7.08% NA#

The compounded annualised returns (Growth Option) shown above are based on aperiod from “inception”* till 31-Mar. of the respective financial years.

Sujoy Kr. Das

DSP MERRILL LYNCH LIQUIDITY FUND

Investment Objective The primary investment objective of the Scheme is to seek to generate a reasonable return commensurate with low risk and ahigh degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities.



Debt securities* which at the time of purchase have residual or averagematurity of more than 367 days. 0 - 20%

Money market securities and/or debt securities* which at the time of purchasehave residual or average maturity of less than or equal to 367 days or have putoptions within a period not exceeding 367 days. 80 - 100%

*Debt securities may include securitised debts upto 30% of the net assets.

Plans and Options Options : l Growth l Daily Dividend Reinvest l Weekly Dividend– Payout Dividend– Reinvest Dividend



Rs. 25,000/- Rs. 1,000/- Rs. 500/-


NA





Weekly Dividend Option - Trustee envisages declaring weekly dividends, for Unit Holders on record as on the Thursday of each weekor the earlier Business Day, if Thursday is not a Business Day. The Trustee may alter the Record Date at its discretion. Daily DividendReinvest Option - Trustee envisages declaring daily dividends for Unit Holders on record as on each day. The dividends so declaredwill be compulsorily reinvested. Actual distribution of dividends and the frequency of distribution are provisional and will beentirely at the discretion of the Trustee. There is no assurance or guarantee regarding the rate of dividend or regular payment ofdividend.


Benchmark Index

Dividend Policy




l Load structure




Nil Nil Nil


First Rs. 100 Next Rs. 300 Next Rs. 300 Balance Actual Expensescrores crores crores for 2004-2005

1.00% 1.00% 1.00% 1.00% 0.51%


16

InstructionsInstructionsInstructionsInstructionsInstructions

Please read the Offer document and the Key Information Memorandumand the relevant Addenda subsequently issued carefully before filling upthe application form. Investors are deemed to have read and accepted theterms subject to which these offers are being made, and bind themselvesto the terms upon signing the application form.

All applications will be accepted subject to verification. Invalid or incompleteapplications are liable to be rejected after acceptance and verification.

General Instructionsa. This application form may be used both by resident and non-resident

investors.b. The application form should be completed in English in BLOCK LETTERS

and the applicant's name and address must be provided in full (P.O.Box No. alone is not sufficient). Please tick (3) in the appropriate box,where boxes ( ) have been provided.

c. Application forms that fall under any of the following categories couldpotentially be rejected. If applicable, the money paid will be refunded/returned without interest.l Application forms incomplete in any respect.l Application forms invalid in any respect.l Application forms that are not accompanied by a payment instrument

for the amount payable, such as a cheque, demand draft, or anaccount-to-account transfer instruction to credit the Fund's account(Designated Account) on the same day, in respect of a Direct DepositApplication.

l Application forms that the Trustee chooses to reject for any otherreason determined at its sole discretion.

d. No separate receipt will be issued for the application money. The Bank/Investor Service Centre/Collection Centre will stamp and return theacknowledgement slip in the application form, to acknowledge receiptof the application, subject to verification.

e. All communication and payments shall be made in the name of andfavouring the sole/first holder.

Unique Identification Number (UIN)As per the SEBI (Central Database of Market Participants) Regulations,2003, no investor, being a body corporate shall, on and from December 31,2004, buy, sell or deal in the units of schemes of mutual funds unless suchbody corporate, its promoters and directors have been allotted UIN. Further,on and from December 31, 2005, no resident investor not being a bodycorporate, and no FII shall buy, sell or deal in the units of schemes ofmutual funds, of value Rupees one lakh or more, unless such residentinvestor/FII has been allotted UIN.

DSP Merrill Lynch Mutual Fund shall not be liable for the non-acceptance/rejection/non-processing of any transaction request of a body corporate/resident/FII investor, if such investor fails to provide a UIN for the transaction,as mentioned above.

Applicant's Informationa. Applicants must fill in all details as requested in the relevant section(s).

The name and address must be provided in full. To create a new folio,the applicant should tick the appropriate box and provide all necessarydetails.

b. If the applicant already has a Folio with DSP Merrill Lynch FundManagers/Mutual Fund, the applicant should fill in the folio number, inorder to invest in the same folio. Investment in the same folio will bepossible only if the name(s) of the holder(s), the order of the holdersand the mode of holding is the same. The names of the holders, themode of holding, etc., will remain as per the details available in theexisting folio. Applicants investing in the same folio should fill in theexisting name, account number, PAN details and payment details, andshould then duly sign the application form.

c. Applicants should specify the mode of holding. In the case of jointholders, the first-named holder will receive all account statements,dividend or redemption refund warrants, and all other relevantcorrespondence. If the mode of holding is not specified, the defaultoption for such applications will be "Jointly" instead of "Any one orSurvivor(s)".

d. NRI and FII investors must provide an overseas address. If they wishto, such investors may furnish their local address to receive accountstatements, dividend warrants, redemption cheques and any othercorrespondence by mail.

e. If the application is on behalf of a minor, the guardian's name and thedate of birth of the minor must be provided.

f. Applications under a Power of Attorney or by a limited company or acorporate body or an eligible institution or a registered society or atrust fund must be accompanied by the original Power of Attorney (ora duly certified true copy thereof) duly notarized or the relevant resolutionor authority to make the application (or duly certified copy thereof) asthe case may be, along with a certified copy of the Memorandum andArticles of Association and/or bye-laws and/or trust deed and/orpartnership deed and/or Certificate of Registration.

Investments & Payment Detailsa. Payments by cash, stock invests, credit cards, post-dated cheques (except

through SIP), outstation cheques, and post-dated account-to-accounttransfer instructions to credit the Fund's account (Designated Account)WILL NOT BE ACCEPTED.

b. Investors should read the Ready Reckoner for Schemes/Plan/Options/Sub Option and then fill the scheme, plan & option clearly in the spaceprovided in the application form. In case the investor does not fillthe plan / option / sub-option properly and clearly or in case ofincomplete details, non clarity or ambiguity, default optionswill be considered and applied. The default option has beenmarked with an asterisk (*) in the ready reckoner. The fund willnot entertain any request from unit holders for a change in scheme/plan/option/sub-option after the application is accepted.

c. Investors residing in locations where Investor Service Centres orCollection Centres are not located, are requested to make payment bydemand drafts. Demand draft charges for such investors will be borneby the AMC, subject to the standard demand draft charges, as chargedby the State Bank of India.

d. The cheque or demand draft should be payable locally at the centrewhere the application is deposited, and should be drawn on any bankthat is a member of the Bankers' Clearing House.

e. The cheque or demand draft should be drawn in favour of 'DSP MerrillLynch (Name of the Scheme)', as the case may be, and should becrossed 'Account Payee Only'.

f. Separate cheques should be given for each separate investment in adifferent scheme, plan or option.

g. For NRIs, FIIs, and Persons of Indian Origin investing on a non-repatriablebasis, payments may be made by cheques or demand drafts drawn onNon-Resident Ordinary (NRO) accounts or Non-Resident Special Rupee(NRSR) accounts, payable at the city where the application form issubmitted.

h. Returned cheques are liable not be presented again for collection, andthe accompanying application could potentially also be rejected. Incase returned cheques are presented, the necessary charges includingreturned charges may be debited to the investor.

Contact and PAN Details:a. Applicants should provide contact information such as their telephone

number and email address.

17

b. PAN Details: SEBI, vide its circular no. SEBI/IMD/Cir.No.6/4213/04 datedMarch 1, 2004, has mandated that all applications having a value ofRs. 50,000/- or more shall compulsorily mention the Permanent AccountNumber (PAN) of the applicant allotted under the Income Tax Act,1961. In the case of joint applicants, PAN of each of the applicantsshould be provided in the application form irrespective of the modeof holding.

Investors shall also attach a photocopy of their PAN card or any otherdocument issued by the Income Tax Department, as proof of correctnessof the PAN. Investors who do not have a PAN shall provide a duly filledin Form 60. An application form which does not comply with the aboverequirements will be rejected without reference to the investor.

Bank Account Detailsa. To protect the interests of investors from fraudulent encashment of

cheques and as per SEBI circular no. SEBI/IMD/Cir.No.6/4213/04, it ismandatory for all investors of mutual fund schemes to mention theirbank account number, bank name, branch name & address in theirapplications or requests for redemption. Applications without thesemandatory bank details are liable to be rejected.

b. The Fund has entered into arrangements with certain banks such asABN Amro Bank, Citibank, HDFC Bank, ICICI Bank, IDBI Bank, UTI Bank,HSBC, Kotak Mahindra Bank and Standard Chartered Bank for directcredit of redemption and dividend proceeds. If investors have a bankmandate with any of these banks, and if they provide the correct andfull bank account number, redemption and dividend payouts will bedirectly credited to their bank account. However, the Fund reserves aright to issue a payment instrument in place of this direct credit facility,and will not be responsible for any delay on the part of the bank forexecuting the direct credit. The list of banks is also subject to changefrom time to time without notice.

Nomination Details :a. The nomination can be made only by individuals applying for / holding

units on their own behalf singly or jointly. Non-individuals includingsociety, trust, body corporate, partnership firm, Karta of Hindu UndividedFamily, holder of Power of Attorney cannot nominate. If the units areheld jointly, all joint holders will sign the Nomination Form.

b. A minor can be nominated and in that event, the name and address ofthe guardian of the minor nominee shall be provided by the unit holder.Nomination can also be in favour of the Central Government, StateGovernment, a local authority, any person designated by virtue of hisoffice or a religious or charitable trust.

c. The Nominee shall not be a trust, other than a religious or charitabletrust, society, body corporate, partnership firm, Karta of Hindu UndividedFamily or a Power of Attorney holder. A Non-Resident Indian can be aNominee subject to the exchange controls in force, from time to time.

d. Nomination in respect of the units stands rescinded upon the transferof units.

e. Transfer of units in favour of a Nominee shall be valid discharge by theAsset Management Company against the legal heir.

f. The cancellation of nomination can be made only by those individualswho hold units on their own behalf singly or jointly and who made theoriginal nomination.

g. On cancellation of the nomination, the nomination shall stand rescindedand the Asset Management Company shall not be under any obligationto transfer the units in favour of the Nominee.

h. The rights in the units will vest in the nominee only upon the death ofall unitholders.

i. Only one nominee per account is permitted.

Email Communicationa. Applicants are encouraged to provide their email address in the

application form to enable the Fund to send them various kinds ofinvestor communication more efficiently.

b. Account statements, quarterly newsletters, annual reports, and otherkinds of communication can be sent via email, according to the investor'spreference.

c. Unit Holders who opt for newsletters or annual reports via email maybe required to download them from the Fund's web site, after receivingan email communication from the Fund. If they wish to, Unit Holdersmay also contact the Fund at any point in time to request for a physicalcopy of the same.

d. It is deemed that the Unit Holder is aware of all the security risksassociated with online communication, including possible third-partyinterception of the documents sent via email.

Other facilitiesa. PIN facility: The Fund may provide the facility to transact over the

telephone or on the Internet. For this purpose, Unit Holders will beprovided with a Personal Identification Number (PIN). A PIN is currentlyissued to individuals with Single/ Either or Survivor holding. Applicantswho wish to have a PIN should read the terms and conditions of the PINfacility and tick the relevant box to request a PIN. A PIN will be mailedto the Unit Holder entirely at his/her/its own risk.

b. SIP/SWP/STP facility: Investors who wish to apply for SIP/SWP/STPshould tick the appropriate box and fill in the attached SIP/SWP/STPform. For more details, please refer to the instructions for SIP/SWP/STP. Form is liable to be rejected if not filled completely.

Alert facility:Investors can now keep a tab on their investments, by requesting specificevent-based alerts, both by email and on their mobile phones. Thesealerts will be sent based on the occurrence of specific events and on abest-efforts basis. An alert will be sent only once, the first time an eventoccurs, to avoid repetitive alerts on subsequent occasions when the eventoccurs. The various alerts currently available are:1. Alert on a particular date: The investor will receive an alert on any

particular date that s/he chooses.2. Alert on reaching a BSE Sensex target: The investor will receive an

alert when the BSE Sensex achieves a certain target that s/he specifies.3. Alert on reaching a particular NAV: The investor will receive an alert

when the NAV of a scheme reaches a specific price s/he chooses. Inthis context, investors should consider the applicable entry / exit loadand CDSC prior to making an investment decision.

4. Alert after completion of a particular investment horizon: The investorwill receive an alert after the investment completes a fixed number ofdays that the investor determines.

DSP Merrill Lynch Fund Managers Ltd. are unable to exercise control overthe contents or the timeliness of the transmission of the SMS by theservice providers. We hereby exclude any liability for the quality,completeness or accuracy of any such contents and its transmission,reception, storage, reliability of use. Unit Holders are advised to contactany of our offices or Investor Service Centres before acting upon anyinformation received via SMS through this facility.Declaration & Signaturea. The signature(s) should be in English or in any of the Indian languages

specified in the Eighth Schedule of the Constitution of India.b. Thumb impressions and signatures in languages not specified in the

Eighth Schedule of the Constitution of India must be attested by amagistrate or a Notary Public or a special Executive Magistrate underhis/her official seal.

c. Applications by minors should be signed by their guardians. In the caseof a Hindu United Family (HUF), the Karta should sign on behalf of theHUF.

d. Authorised officials should sign the form under their official designationand company seal. A list of specimen signatures of the authorisedofficials, duly certified and attested, should also be attached to theApplication form. In the case of a trust fund, a resolution from thetrustee(s) authorising such purchase or investment must be submitted.

18

READY RECKONER FOR DSPMLMF SCHEMESEq

uit

y Fu

nd

sLi

qu

id F

un

ds

Deb

t Fu

nd

sH

ybri

d F

un

ds

DSPML Equity Fund

DSPML Opportunities Fund

DSPML Technology.com Fund

DSPML Top 100 Equity Fund

DSPML India T.I.G.E.R. Fund

DSPML Balanced Fund

DSPML Savings Plus Fund – Conservative

DSPML Savings Plus Fund – Moderate

DSPML Savings Plus Fund – Aggressive

DSPML Bond Fund

DSPML Government Securities Fund

DSPML Short Term Fund

DSPML Liquidity Fund

DSPML Floating Rate Fund

–

–

–

–

–

–

–

–

–

Retail Plan

Plan A -

Longer Duration Plan

Plan B -

Shorter Duration Plan

–

–

–

Dividend *

Growth *

Dividend

Growth *

Dividend

Growth *

Dividend

Growth *

Dividend

Growth *

Dividend

Growth *

Monthly Income Payment (MIP) ̂

Quarterly Income Payment

Growth *



Growth *



Growth *

Dividend

Monthly Dividend

Growth *

Dividend

Monthly Dividend

Growth *

Dividend

Monthly Dividend

Growth *

Dividend

Monthly Dividend

Weekly Dividend

Growth *

Daily Dividend

Weekly Dividend

Growth *

Dividend

Daily Dividend

Weekly Dividend

Payout * Reinvest

-

Payout * Reinvest

-

Payout * Reinvest

-

Payout * Reinvest

-

Payout * Reinvest

-

Payout * Reinvest

-

Payout * Reinvest

Payout * Reinvest

-

Payout * Reinvest

Payout * Reinvest

-

Payout * Reinvest

Payout * Reinvest

-

Payout * Reinvest

Payout * Reinvest

-

Payout * Reinvest

Payout * Reinvest

-

Payout * Reinvest

Payout * Reinvest

-

Payout * Reinvest

Payout * Reinvest

- Reinvest *

-

- Reinvest *

Payout Reinvest *

-

Payout * Reinvest

- Reinvest *

- Reinvest *

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

Schemes Plans Options Sub Options Minimum MinimumInvestment Additional

Amount Purchase

* In case the investor does not fill the plan / option / sub-option properly and clearly or in case of incomplete details, non clarity or ambiguity, default options will beconsidered and applied.

^ Monthly Income is not assured and subject to the availability of distributable surplus.

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

25,000

25,000

25,000

25,000

25,000

25,000

25,000

25,000

25,000

25,000

25,000

COMMON APPLICATION FORMPlease read Instructions before completing this FormE-mail / SMS

Alert Facility

Available

1. DISTRIBUTOR INFORMATION (Not to be filled in by Applicant)

Name and AMFI Reg. No. (ARN) Sub Agent’s Name and ARN FOR OFFICE USE ONLY

2. APPLICANTS’ INFORMATION

Name of Guardian (in case of Minor) OR Contact Person (in case of Non-individual Investors) Title Mr. Ms. M/s Others

Mode of Holding (please 3) Single Joint* Anyone or Survivor (* Default, in case of more than one applicant)Address of Sole / First Applicant / Guardian (P.O. Box Address is not sufficient) (Local Address for NRIs / FIIs)

Name of Second Applicant / Guardian Title Mr. Ms. M/s Others

Name of Third Applicant / Guardian Title Mr. Ms. M/s Others

ACKNOWLEDGEMENT SLIP (To be filled in by the investor) DSP MERRILL LYNCH MUTUAL FUNDISC Stamp & Signature

NRI / FII Overseas Address (Mandatory) (P.O. Box Address is not sufficient)

City Pin Code State(Mandatory)

Status (please 3) Resident Individual NRI HUF Company Body Corporate FIIs Trust Partnership On behalf of Minor Bank Proprietary Firm Society/Club Others______________(Please specify)

Occupation (please3) Service Professional Business Housewife Retired Student Others_____________

( A M F I R e g i s t e r e d O n l y )

3. INVESTMENT & PAYMENT DETAILS – Separate Cheque / DD / Fund Transfer instruction required for investment in each Scheme

Scheme Name

Plan* Option & Sub Option

* Default Option will be applied in case of no information, ambiguity or discrepancy. Cheque / DD to be drawn in favour of “Scheme Name”

Amount (Rs.) Bank / Branch Cheque / DD No. & Date

Scheme Name/Plan / OptionScheme Name/Plan / Option

Name of Sole / First Applicant (First / Middle / Surname) Title Mr. Ms. M/s Others

Existing Folio Number, if any(Proceed to Section 3) OR Create a new Folio (Fill all details below)

D D M M Y Y Y YSex Male Female

/

Date of Birth(First holder / Minor) ///// /

Cheque / DD No. Cheque / DD Date

Amount Amountin figures (Rs.) in words (Rs.)

Drawn on (Bank / Branch Name)

Account Type [Please (4)] SAVINGS CURRENT NRE NRO FCNR

Scheme Name






10. DECLARATION & SIGNATURES

7. E-MAIL COMMUNICATIONI / We wish to receive the following via e-mail instead of physical document (please 3)

Account Statement

Quarterly Newsletter & Annual ReportCommunication on Change of Address, Bank, etc.

Sole / FirstApplicant /Guardian

SecondApplicant /Guardian

ThirdApplicant /GuardianS

I G

N A

T U

R E

(S)

9. ALERT REGISTRATION

Alert on a particular date (dd/mm/yy)

Alert on reaching a particular BSE Sensex targetl BSE Sensex closed above points; or

l BSE Sensex closed below pointsAn alert will be sent on the first occurrence of each of the events as specified above by you.To receive subsequent alerts, please submit another copy of this Alert Slip, which is available at any of our Investor Service Centres.

Alert on reaching a particular NAV

l NAV above Rs. ; or

l NAV below Rs.

Alert after completion of particular investment horizon

l Purchase transaction date (dd/mm/yy)

l Alert after days from purchase

Alert by E-mail SMS Scheme

8. OTHER FACILITIESI / We would like to subscribe to the following Facility / Facilities offered by DSP Merrill Lynch Mutual Fund [Please 4]

Personal Identification Number (PIN) Facility Issue me/us a PIN for Telephone Transactions & for InternetTransactions as and when started. I/We have read and agree to the terms & conditions of this facility.Systematic Investment / Withdrawal / Transfer Facility (Please fill in the enclosed SIP / SWP / STP Form)

5. BANK ACCOUNT DETAILS (Please note that as per SEBI Regulations it is mandatory for investors to declare bank account details)

A/c. No. A/c. Type [Please (4)] Savings Current NRE NRO FCNR

DIRECT CREDIT OF REDEMPTION / DIVIDEND (IF AVAILABLE WITH THE BANK & BRANCH) Yes (Default) No

City Pin Code

BranchBank Name

Address

4. CONTACT, PAN AND UIN DETAILS

Mobile Tel. Resi. Fax

E-Mail

+++

STD Code Tel. Off. Extn.

6. NOMINATION DETAILS

Having read and understood the contents of the Standard Offer Document, Key Information Memorandum,Instructions and Addenda issued from time to time of the respective Scheme(s) of DSP Merrill Lynch MutualFund mentioned within, I / We hereby apply to the Trustee of DSP Merrill Lynch Mutual Fund for units of theScheme(s) and agree to abide by terms and conditions, rules and regulations of the relevant Scheme(s).I / We have neither received nor been induced by any rebate or gifts, directly or indirectly in making thisinvestment. I / We hereby nominate the above nominee to receive all the amounts to my / our credits inthe event of my / our death and have read the Instructions for Nomination listed overleaf. Signature of thenominee acknowledging receipts of my / our credit will constitute full discharge of liabilities of the Fund. I/We declare that the amount invested in the scheme is through legitimate sources only and is not designedfor the purpose of any contravention or evasion of any Act, Regulation, Rule, Notification, Directions or anyother applicable laws enacted by Government of India or any Statutory Authority.Applicable to NRIs only :I / We confirm that I am / We are Non-Resident(s) of Indian Nationality / Origin and I / We hereby confirmthat the funds for subscription have been remitted from abroad through normal banking channels or fromfunds in my / our Non-Resident External / Ordinary Account / FCNR Account(s).If NRI, (4) Repatriation basis Non-Repatriation basis

Website :www.dspmlmutualfund.com

email : [email protected]

Toll Free Call Centre : 1600 33 44 99

Local Service Centre : 1901 44 12 34

Received from

Mr./Ms.

an application for purchase of Units as mentioned overleaf.

Cheques / demand drafts as mentioned overleaf are subject to realisation.

Checklist + PAN proof is provided Bank Mandate is provided UIN is provided

Mandatory (Refer KIM Instructions)

PANSole / First Applicant / Guardian Second Applicant / Guardian Third Applicant / Guardian

Form No. 60 attached Form No. 60 attached Form No. 60 attachedOR (Please 4)

MAPIN UINSole / First Applicant / Guardian Second Applicant / Guardian Third Applicant / Guardian

GuardianName

PAN

NomineeName

Date of Birthof Nominee

Signature ofNominee / Guardian

I/We do hereby nominate the person more particularly described hereunder / and / cancel the nomination made by us on the day of

in respect of Units held by me/us. (* strike off if not applicable)

City Pin Code

Address

STD Code Tel. Off. Tel. Resi.


Alert Facility

Available















Scheme Name








/






Scheme Name








Account Statement





I G

N A

T U

R E

(S)







l NAV below Rs.










City Pin Code

BranchBank Name

Address



E-Mail

+++








Received from

Mr./Ms.








GuardianName

PAN

NomineeName





City Pin Code

Address



Alert Facility

Available















Scheme Name








/






Scheme Name








Account Statement





I G

N A

T U

R E

(S)







l NAV below Rs.










City Pin Code

BranchBank Name

Address



E-Mail

+++








Received from

Mr./Ms.








GuardianName

PAN

NomineeName





City Pin Code

Address



Alert Facility

Available















Scheme Name








/






Scheme Name








Account Statement





I G

N A

T U

R E

(S)







l NAV below Rs.










City Pin Code

BranchBank Name

Address



E-Mail

+++








Received from

Mr./Ms.








GuardianName

PAN

NomineeName





City Pin Code

Address


SIP / SWP / STP FORM(Investors who wish to Enroll for SIP and / or SWP and / or STP

are required to fill the following Sections of this Form)Please read carefully the Instructions overleaf

NAME OF UNITHOLDER / APPLICANT / GUARDIAN FOLIO NO.

/////E-mail id to receive transactionsconfirmation / Account Statements etc. +

1. SYSTEMATIC INVESTMENT PLAN (SIP) (Separate Cheque required for each investment)

Each SIPAmount

Drawn on

M M Y Y Y Y/

Rs. M M Y Y Y Y/ To

SIP Period From

2. SYSTEMATIC WITHDRAWAL PLAN (SWP) (Please allow 5 days to register SWP)

Withdrawal Amount Fixed Sum of

Capital Appreciation, subject to Minimum of Rs. 1,000/-Withdrawal period starting From(Period to cover - minimum 6 SWP transactions)

3. SYSTEMATIC TRANSFER PLAN (STP) (Please allow 5 days to register STP)

STP To Growth* Dividend Payout* Re-invest

Monthly Dividend Payout* Re-invest Weekly Dividend Payout* Re-invest Daily Dividend Re-invest

Options based on Scheme & Plan (Please 4)Scheme

DECLARATION & SIGNATURES

SIP / SWP / STP FORM - ACKNOWLEDGEMENT SLIP (To be filled in by the Investor)

ISC Stamp & SignatureACCOUNT NO.

Received f rom Mr. /Ms.

SIP for Total Amount Rs. Cheque Nos. from to

SWP or STP; F ixed Amount Rs. or Capital Appreciat ion

Bank Branch City

Frequency (Please 4) Monthly Quarterly

/

Having read and understood the contents of the Standard Offer Document /Key Information Memorandum, Addenda issued till date of Schemes &Plans mentioned above (including the target Scheme in case of STP) andInstructions overleaf, I / We apply to the Trustee, DSP Merrill Lynch MutualFund for SIP / SWP / STP, as the case may be and agree to abide by theterms and conditions of SIP / SWP / STP. I /We agree to consider investmentthrough STP as a deemed SIP investment. I / We have neither received norbeen induced by any rebate or gifts, directly or indirectly in making thisinvestment.

D D M M Y Y Y Y/ / S

I G

N A

T U

R E

(S)

(All

Hol

ders

to

sign

) Sole / FirstApplicant /Guardian


ThirdApplicant /Guardian

SchemeOptions (Please 4)

Growth* Dividend Payout* Re-invest Monthly Dividend Payout* Re-invest Quarterly Dividend

STP FromScheme

Options (Please 4) Growth Dividend Weekly Dividend Monthly Dividend

Scheme Options (Please 4) Growth Dividend Weekly Dividend

Monthly Dividend Daily Dividend Reinvest

Investments done in schemes through STP will be treated as investments through SIP and the load structure for SIP will be applicable.





Rs.

M M Y Y Y YTo

M M Y Y Y Y

Withdrawal Dates 1st* 7th 14th 21st All four SWP Dates

(Minimum Rs. 1,000/-)

Frequency Monthly* Quarterly* Default option

Transfer Amount Fixed Sum of

Capital Appreciation, subject to Minimum of Rs. 1,000/- Transfer period starting From(Period to cover - minimum 6 STP transactions)

Rs.

M M Y Y Y YTo

M M Y Y Y Y/

Transfer Dates 1st* 7th 14th 21st All four STP Dates

(Minimum Rs. 1,000/-)

Frequency Monthly* Quarterly* Default option

(Minimum Rs. 1,000/-)(Minimum 6 Months / 6 Quarters)

* Default option

//

/

+ All Cheques should be of same date of the months / quarters.

Cheque Nos. From

To

SIP Date : 1st 7th 14th 21st All four dates of the Month / Quarter(minimum six months / 24 cheques)

Website : www.dspmlmutualfund.com




1. SIP is not available in DSP ML Liquidity Fund, DSP ML Short Term Fund and DSP ML Floating Rate Fund.

2. Minimum Investment Amount for each SIP is Rs.1,000/-.

3. SIP Facility is available only on specific dates of the month viz. 1st / 7th / 14th / 21st.

4. All Cheques should be of the same date of month / quarter and of the same amount.

5. You can opt for SIP in the Scheme on a monthly / quarterly basis by issuing post-dated cheques for a pre-defined amount.

6. In case "all four dates" is selected, minimum 6 cheques for each date should be given i.e. minimum 24 cheques should be given.

7. The Cheque should be drawn in favour of "Name of the Scheme and Plan" as applicable.

8. A separate SIP Form must be filled for each Scheme / Plan. Please mention your folio number and name on reverse of the Cheque.

9. If you are a new investor, investing in a Scheme / Plan using the Systematic Investment Plan, please fill in all the sections in the Common ApplicationForm except the section titled "Investment & Payment Details". The investment details must be indicated in the SIP Section of this form.

10. Existing Investors are required to submit only the SIP Form indicating the existing Folio / Account Number and investment details in the SIP sectionof this form.

11. You can choose to discontinue this facility by giving 15 days written notice to the Registrar.

INSTRUCTIONS FOR SYSTEMATIC INVESTMENT PLAN (SIP)

INSTRUCTIONS FOR SYSTEMATIC WITHDRAWAL PLAN (SWP)

INSTRUCTIONS FOR SYSTEMATIC TRANSFER PLAN (STP)

1. Please allow upto 5 days for SWP to be registered and first SWP transaction to happen. Hence form should be submitted atleast 5 days beforeSWP start date.

2. SWP is available in all the schemes of DSP Merrill Lynch Mutual Fund.

3. SWP facility can be availed only by the unitholders with a minimum balance of Rs. 25,000/- in the particular Scheme from whichSWP is opted. If the balance is less than Rs. 25,000/-, SWP will not be registered.

4. SWP Facility is available only on specific dates of the month viz. 1st / 7th / 14th / 21st.

In case of ambiguity / incomplete form, 1st will be treated as default option date.

5. You can opt for SWP for a fixed amount or appreciation on a weekly (on all four SWP dates) / monthly / quarterly basis. In case of ambiguity /incomplete form, monthly option will be treated as default option.

6. SWP has to be for minimum of SIX transactions irrespective of frequency i.e. six dates in case of weekly option or six months incase of monthly option or six quarters incase of quarterly option.

7. Your withdrawal request should not be below Rs.1,000/-.

8. For investors availing the withdrawal of 'appreciation' option, where in any week, month or quarter, there is no appreciation orthe appreciation is less than Rs.1,000/-, withdrawal as mentioned above, will not be carried out. Even if withdrawal is not carriedout due to lack of appreciation, the SWP will be terminated at the end of the specified period.

9. If you are investing in a Scheme for the first time and wish to avail of SWP, please fill in all the sections in the Common Application Form. Thewithdrawal details must be indicated in the SWP Section of this form.

10. Existing Investors are required to submit only the SWP Form indicating the existing Account Number and withdrawal details in the SWP sectionof this form.


1. Please allow upto 5 days for STP to be registered and first STP transaction to happen. Hence form should be submitted atleast 5 days beforeSTP start date.

2. STP is available in all the schemes of DSP Merrill Lynch Mutual Fund.

3. STP facility can be availed only by the unitholders with a minimum balance of Rs. 25,000/- in the particular Scheme from whichSTP is opted. If the balance is less than Rs. 25,000/-, STP will not be registered.

4. STP Facility is available only on specific dates of the month viz. 1st / 7th / 14th / 21st.

In case of ambiguity / incomplete form, 1st will be treated as default option date.

5. You can opt for STP for a fixed amount or appreciation on a weekly (on all four STP dates) / monthly / quarterly basis. In case of ambiguity /incomplete form, monthly option will be treated as default option.

6. STP has to be for minimum of SIX transactions/ transfers irrespective of frequency i.e six dates in case of weekly option or six monthsin case of monthly option or six quarters in case of quarterly option.

7. Your transfer request should not be below Rs.1,000/-.

8. For investors availing the transfer of 'appreciation' option, where in any week, month or quarter, there is no appreciation or theappreciation is less than Rs.1,000/-, switch as mentioned above, will not be carried out. Even if transfer is not carried out due tolack of appreciation, the STP will be terminated at the end of the specified period.

9. If you are investing in a Scheme for the first time and wish to avail of STP, please fill in all the sections in the Common Application Form. Thetransfer details must be indicated in the STP Section of this form.

10. Existing Investors are required to submit only the STP Form indicating the existing Account Number and transfer details in the STP section ofthis form.


For Office Use only (Not to be filled in by Investor)Recorded onRecorded by

Scheme CodeCredit Account Number

Authorisation of the Bank Accountholder (to be signed by the Accountholder)This is to inform I/We have registered for the RBI’sElectronic Clearing Service (Debit Clearing) / Auto DebitFacility and that my payment towards my investment inDSP Merrill Lynch Mutual Fund shall be made from my/our below mentioned bank account with your bank.I/We authorise the representative carrying this ECS/AutoDebit to account mandate Form to get it verified &executed.

Bank Account Number

Bank use Mandate Ref. No. Customer Ref. No.

FirstAccountholder’s

Signature(As in Bank Records)

SecondAccountholder’s


ThirdAccountholder’s


DSP Merrill Lynch Fund Managers Limited

Website : dspmlmutualfund.com

E-mail : [email protected]

Toll Free Number : 1-600-33-4499

First SIP Cheque andAuto Debit Form

New Registration with DSPML FM Change in Bank Account for existing Registration with DSPML FM

Sole / First Investor Name

Existing Folio No. (if any)

SchemePlanOption & Sub Option

I/We hereby, authorise DSP Merrill Lynch Mutual Fund and their authorised service providers, to debit my/our following bank account by ECS (DebitClearing) / auto debit to account for collection of SIP payments.

Bank Name

Branch Name

Account Number Account Type Savings Current NRE NRO

9 Digit MICR Code l (Please enter the 9 digit number that appears after your cheque number)

I/We hereby declare that the particulars given aboveare correct and express my willingness to make paymentsreferred above through participation in ECS / Auto Debit.If the transaction is delayed or not effected at all forreasons of incomplete or incorrect information, I/Wewould not hold the user institution responsible. I/We willalso inform DSP Merrill Lynch Fund Managers Ltd., aboutany changes in my bank account. I/We have read andagreed to the terms and conditions mentioned overleaf.

FirstAccountholder’s


SecondAccountholder’s


ThirdAccountholder’s


First SIP Cheque No.: Cheque date should be either 1st / 7th / 14th / 21st(Cheque amount same as Auto Debit Amount) (Note : Cheque should be drawn on bank details provided below)

SIP Auto Debit Dates : 1st 7th 14th 21st All four dates of the month / quarter (minimum six months).SIP Period Start From End On(including 1st SIP Cheque) MM YYMM YY(Note : P lease a l low minimum one month for auto debit to register and start . )

Accountholder Name asin Bank Account



MANDATORY (Refer KIM Instructions)


Broker Code

ARN -REGISTRATION CUM MANDATE FORM FOR ECS (Debit clearing / Auto Debit)

First SIP cheque and subsequent via Auto Debit in select cities only.Applications should ideally be submitted atleast THREE DAYS before 1st SIP cheque date

INVESTOR AND INVESTMENT DETAILS

SIP AND BANK DETAILS

PARTICULARS OF BANK ACCOUNT

(Minimum Rs. 1,000/- )Each SIP Amount (Rs.) Frequency Monthly (Default) Quarterly

SIP payment through Electronic Clearing Service (Debit Clearing) of the Reserve Bank of India (RBI)

List of Cities for SIP Auto Debit Facility via ECS (Debit Clearing)Ahmedabad, Bangalore, Baroda, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Coimbatore, Hyderabad, Indore, Jaipur, Kanpur,Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Pune, Surat, Vijayawada

In other cities, only for accountholders of ICICI Bank, UTI Bank, IDBI Bank

SIP AUTO DEBIT FACILITY : TERMS & CONDITIONS

1. This facility is offered to investors having bank accounts in selectcities mentioned above.

2. In other cities, the facility is available only for accountholders of ICICIBank, IDBI Bank and UTI Bank.

3. Completed application form, SIP Auto Debit form and the firstcheque should be submitted at least THREE days before thefirst transaction date.

4. Investors should mandatorily give a cheque for the first transactiondrawn on the same bank account for auto debit.

5. The cities in the list may be modified/updated/changed/removed atany time in future entirely at the discretion of DSP Merrill LynchFund Managers without assigning any reasons or prior notice. If anycity is removed, SIP instructions for investors in such cities via ECS(Debit) route will be discontinued without prior notice.

6. The bank account provided for ECS (Debit) should participate inlocal MICR clearing.

7. SIP auto debit facility is available only on specific dates of the monthviz. 1st / 7th / 14th / 21st.

8. In case “all four dates” is selected, SIP will be registered for aminimum of 6 months for each of the four days. The autodebit will start after one month only and thereafter on all fourdates.

9. The cheque should be drawn on the same bank account which is tobe registered for ECS (Debit).

10. The investor agrees to abide by the terms and conditions of ECSfacility of Reserve Bank of India (RBI).

11. Investors will not hold DSP Merrill Lynch Fund Managers, its registrarsand other service providers responsible if the transaction is delayedor not effected or the investor bank account is debited in advanceor after the specific SIP date due to various clearing cycles of ECS.

12. DSP Merrill Lynch Fund Managers, its registrars and other serviceproviders shall not be responsible and liable for any damages/compensation for any loss, damage etc. incurred by the investor.The investor assumes the entire risk of using this facility and takesfull responsibility.

13. DSP Merrill Lynch Fund Managers reserves the right to reject anyapplication without assigning any reason thereof.

14. SIP is not available in DSPML Liquidity Fund, DSPML ShortTerm Fund and DSPML Floating Rate Fund.

15. Minimum Investment Amount for SIP is Rs. 1,000.

16. Please refer the Key Information Memorandum and CombinedStandard Offer Document for Applicable NAV, Risk Factors, Loadand other information on the respective Scheme / Plan beforeinvesting.

17. Existing Investors are required to submit only the SIP Form indicatingthe existing Account Number and investment details in the SIP sectionof this Form alongwith mandatory first SIP Cheque.

18. If no end date is specified, SIP will be registered for 10 years.

19. Incorrect, incomplete, ambiguous forms will not be accepted andwill be returned to the investor within 20 days.

FREQUENTLY ASKED QUESTIONS

1. Is there any limitation on the bank/account/branch?

No there is no limitation on the bank account. Any investor maintaininga bank account in any of the cities mentioned above can opt forAuto Debit facility.

The bank account can be with any bank branch in the citiesmentioned above and participating in MICR clearing. Hence, thisfacility is not restricted to select banks.

2. When should the forms be submitted to start SIP via autodebit facility?

The first SIP cheque and auto debit form should ideally be submittedatleast THREE days before the first SIP cheque date (i.e. the chequedate). The form can be submitted at any of DSPMLFM branch officeor CAMS ISCs.

3. Does the investor need to verify the form from his bank priorto submitting the same?

No. The investor need not take the form to his banker and get thebank details verified prior to the submission to DSPMLFM. For theconvenience of the investors, the same will be handled by DSPMLFM.

4. What if the investor wants to have SIPs in different schemes?

To avail SIP in separate schemes via auto debit facility, an investorwill have to fill separate forms for each of the scheme. Same formcan not be used for different schemes.

5. How does an investor modify/change the SIP amount?

To modify the SIP amount, the investor needs to give the followingdocuments atleast fifteen days in advance:

l New SIP Auto Debit Form with revised SIP amount

l Letter to discontinue the existing SIP amount

The investor should fill the existing folio number on the formand all other details.

6. Can an investor change the bank account for SIP auto debitat a later stage?

Yes. A investor can change the bank account for SIP auto debitat any time by giving fifteen days prior notice and submittingthe following document:

l New SIP Auto Debit Form with revised bank mandate andticking on “Change in Bank Account” option on the form.

The investor should fill the existing folio number on the form and allother details.

7. How can an existing investor who has provided post datedcheques move to this facility?

Investors with existing post dated cheque can also move to thisfacility at any time by giving fifteen days prior notice andsubmitting the following documents:

l SIP Auto Debit Facility Form with mandatory first chequeand

l Letter to discontinue and return the existing post datedcheques.

8. Is it necessary to provide an end date for SIP auto debitfacility?

No, it is not necessary to provide an SIP end date for auto debitfacility. SIP will be registered for 10 years.

FORM No. 60[See second proviso to rule 114B]

Form of declaration to be filed by a person who does not have a permanent account number andwho enters into any transaction specified in rule 114B of Income Tax Rules, 1962.

(1) Full name and address of the declarant:

Name :

Address :

(2) Particulars of transaction :

(3) Amount of the transaction :

(4) Are you assessed to tax? Yes / No

(5) If yes, (i) Details of Ward/Circle/Range where the last return of income was filed.

(ii) Reasons for not having permanent account number.

(6) Details of the document being produced in support of address in column (1) :

Verification

I, , do hereby declare that what is stated above istrue to the best of my knowledge and belief.

Verified today, the day of

Folio No. Date :

Place : Signature of the declarant

Instructions : Documents which can be produced in support of the address are:- n Ration Card n Passport n Driving licence n Identity Card issuedby any institution n Copy of the electricity bill or telephone bill showing residential address n Any document or communication issued by any authorityof Central Government, State Government or local bodies showing residential address n Any other documentary evidence in support of his addressgiven in the declaration.

FORM No. 60[See second proviso to rule 114B]

Form of declaration to be filed by a person who does not have a permanent account number andwho enters into any transaction specified in rule 114B of Income Tax Rules, 1962.


Name :

Address :


(3) Amount of the transaction :

(4) Are you assessed to tax? Yes / No

(5) If yes, (i) Details of Ward/Circle/Range where the last return of income was filed.

(ii) Reasons for not having permanent account number.

(6) Details of the document being produced in support of address in column (1) :

Verification

I, , do hereby declare that what is stated above istrue to the best of my knowledge and belief.


Folio No. Date :


Instructions : Documents which can be produced in support of the address are:- n Ration Card n Passport n Driving licence n Identity Card issued by anyinstitution n Copy of the electricity bill or telephone bill showing residential address n Any document or communication issued by any authority of Central Government,State Government or local bodies showing residential address n Any other documentary evidence in support of his address given in the declaration.

FORM No. 61[See proviso to clause (a) of rule 114C(1)]

Form of declaration to be filed by a person who has agricultural income and is not in receipt of any other income chargable toincome-tax in respect of transactions specified in clauses (a) to (h) of rule 114B


Name :

Address :


(3) Details of the document being produced in support of address in column (1) Yes / No

I hereby declare that my source of income is from agriculture and I am not required to pay income-tax on any other income if any.

Date :


VerificationI, , do hereby declare that what is stated above is true tothe best of my knowledge and belief.


Date :


Instructions : : : : : Documents which can be produced in support of the address are:-n Ration Card n Passport n Driving licence n Identity Card issued by any institution n Copy of the electricity bill or telephone bill showing residentialaddress n Any document or communication issued by any authority of Central Government, State Government or local bodies showing residential addressn Any other documentary evidence in support of his address given in the declaration.

FORM No. 61[See proviso to clause (a) of rule 114C(1)]

Form of declaration to be filed by a person who has agricultural income and is not in receipt of any other income chargeable toincome-tax in respect of transactions specified in clauses (a) to (h) of rule 114B


Name :

Address :


(3) Details of the document being produced in support of address in column (1) Yes / No

I hereby declare that my source of income is from agriculture and I am not required to pay income-tax on any other income if any.

Date :


VerificationI, , do hereby declare that what is stated above is true tothe best of my knowledge and belief.


Date :


Instructions : : : : : Documents which can be produced in support of the address are:-n Ration Card n Passport n Driving licence n Identity Card issued by any institution n Copy of the electricity bill or telephone bill showing residentialaddress n Any document or communication issued by any authority of Central Government, State Government or local bodies showing residential addressn Any other documentary evidence in support of his address given in the declaration.

List of Official Points of Acceptance of TransactionsDSP Merrill Lynch Fund Managers Limited - Investor Service Centres

Ahmedabad 303/A, 3rd Floor, RainDrops, Opp. Cargo Motors, C. G. Road, Ahmedabad 380 006. Tel.: (079) 5531 2855

Bangalore # 114, Level 1, Prestige Centre Point, 7, Edward Road, Bangalore 560 052. Tel.: (080) 5750 2855

Chandigarh Ground Floor, SCO 40-41, Sector 9 D, Madhya Marg, Chandigarh 160 017. Tel.: (0172) 305 2855

Chennai 1st Floor, SPS Buildings, Door No. 185, Annasalai, Chennai 600 002. Tel.: (044) 3918 2855

Coimbatore 1st Floor, East Wing, Tristar Towers, 657, Avinashi Road, Coimbatore 641 037. Tel.: (0422) 553 2855

Indore 206, 2nd Floor, Starlit Tower, 29/1 Y N Road, Indore 452 001 Tel.: (0731) 301 2855

Kolkata 309, Lords, 3rd Floor, 7/1 Lord Sinha Road, Kolkata 700 071. Tel.: (033) 3058 2855

Mumbai 11th Floor, Tulsiani Chambers, West Wing, Nariman Point, Mumbai 400 021. Tel.: (022) 5607 2855

Nagpur Fortune Business Centre, 1st Fl, 6, Vasant Vihar, WHC Rd, Shankar Nagar, Nagpur 440 010 Tel.: (0712) 394 2855

New Delhi 804, 805 8th Floor, Ashoka Estate, 24, Barakhamba Road, New Delhi 110 001. Tel.: (011) 5550 2855

Pune 304 Business Guild, Plot # 87/2, Law College Road, Erandawane, Pune 411 004. Tel.: (020) 3022 2855

Secunderabad C/o DBS House, 1-7-43 to 46, Sardar Patel Road, Secunderabad 500 003. Tel.: (040) 2781 0326

Surat 322 - 323, Jolly Plaza, Beside Girls Polytechnic College, Athawa Gates, Surat 395 001. Tel.: (0261) 398 2855

Vadodara 401, 4th Floor, Sakar Complex, Haribhakti Colony, Old Padra Road, Vadodara 390 007. Tel.: (0265) 554 2385

Vashi Shop No.8, Gr. Flr, Thakker Tower, Plot No.86, Sector 17, Vashi, Navi Mumbai 400 705 Tel.: (022) 3918 2855

CAMS - Investor Service Centres (Call on 1901 425 12 34)

Ahmedabad 402-406, 4th Floor, Devpath Building, Off C. G. Road, Behind Lal Bungalow, Ellis Bridge, Ahmedabad 380 006.

Bangalore Trade Centre, 1st Floor, 45, Dikensen Road (Next to Manipal Centre), Bangalore 560 042.

Bhubaneswar 101/ 7, Janpath, Unit – III, Bhubaneswar 751 001.

Coimbatore 66, Lokamanya Street (West), Ground Floor, R. S. Puram, Coimbatore 641 002.

Chandigarh SCO 154-155, 1st Floor, Sector 17-C, Chandigarh 160 017.

Chennai Ground Floor, A & B, Lakshmi Bhawan, 609, Anna Salai, Chennai 600 006.

New Delhi 304-305 III Floor, Kanchenchenga Building, 18, Barakhamba Road, New Delhi 110 001.

Indore Dalal Chambers, 101, Sagarmatha Apartments, 1st Floor, 18 / 7 M.G. Road, Indore 452 003.

Jaipur G-III, Park Saroj, Behind Ashok Nagar Police Station, R-7, Yudhishthir Marg, C-Scheme, Jaipur 302 001.

Kanpur G – 27, 28 – Ground Floor, City Centre, 63/ 2, The Mall, Kanpur 208 001.

Kolkata “Lords Building”, 7/1, Lord Sinha Road, Ground Floor, Kolkata 700 071.

Kochi 40/9633 D, Veekshanom Road, Near International Hotel, Kochi 682 035.

Lucknow No.3, First Floor, Saran Chambers 1, 5 Park Road, Lucknow 226 001.

Ludhiana Shop 20-21, Prince Mrkt, Nr Traffic Lights, Sarabha Nagar Pulli, Pakhowal Road, Model Town, Ludhiana 141002.

Mangalore 6, First Floor, West Gate Terminus, Falnir Road, Opp. Unity Health Complex, Highlands, Mangalore 575 002.

Mumbai Rajabahadur Compound, Grnd Floor, Opp. Allahabad Bank, 30, Mumbai Samachar Marg, Fort, Mumbai 400 023.

Nagpur 145 Lendra Park, Behind Shabari, New Ramdaspeth, Nagpur 440 010.

Panaji No. 108, 1st Floor, Gurudutta Bldg., Above Weekender, M.G. Road, Panaji-Goa 403 001.

Patna Kamlalaye Shobha Plaza (1st Floor), Behind RBI, Near Ashiana Tower, Exhibition Road, Patna 800 001.

Pune Nirmiti Eminence, Office No. 6, 1st Fl, Opp. Abhishek Hotel, Mehendale Garage Road, Erandawane, Pune 411 004.

Secunderabad 102, First Floor, Jade Arcade, Paradise Circle, Secunderabad 500 003.

Surat Niva Apartments, Above Sagrampura-Rudarpura Co-op. Bank, Bhatia Street, Nanpura, Surat 395 001.

Vadodara 109 - Silver Line, Besides World Trade Centre, Sayajigunj, Vadodara 390 005.Visakhapatnam 47/ 9 / 17, 1st Floor, 3rd Lane, Dwaraka Nagar, Visakhapatnam 530 016.

CAMS Transaction Points (Call on 1901 425 12 34)

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