TYPE OF SCHEME

Large & Mid-cap Fund- An open ended equity scheme investing in both large cap and mid cap stocks
SCHEME CATEGORY

Large & Mid Cap Fund
SCHEME CHARACTERISTICS

Min 35% Large Caps & Min 35% Mid Caps
INVESTMENT OBJECTIVE

To provide medium to long-term capital appreciation by investing primarily in Large and Mid-cap stocks
DATE OF ALLOTMENT:

March 2, 2005
FUND MANAGER(S):

Venkatesh Sanjeevi, R. Janakiraman & Sandeep Manam (dedicated for making investments for Foreign Securities)
BENCHMARK:

Nifty LargeMidcap 250

TURNOVER:
Portfolio Turnover	113.07%
VOLATILITY MEASURES (3 YEARS):
Standard Deviation	3.82%
Beta	0.89
Sharpe Ratio*	0.84
* Annualised. Risk-free rate assumed to be 5.54% (FBIL OVERNIGHT MIBOR)

EXPENSE RATIO^#: 2.01%
EXPENSE RATIO^# (DIRECT) : 1.29%
^# The above ratio includes the GST on Investment Management Fees. The rates specified are the actual expenses charged as at the end of the month. The above ratio also includes, proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets, wherever applicable.

MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTORS:

Rs 5000/1
MINIMUM INVESTMENT FOR SIP

Rs 500/1
ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Rs1000/1
LOAD STRUCTURE:

Entry Load	:	Nil
Exit Load (for each purchase of Units)	:	In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment

Different plans have a different expense structure