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	89.87%
VOLATILITY MEASURES (3 YEARS):
Standard Deviation	3.82%
Beta	0.92
Sharpe Ratio*	0.86
* Annualised. Risk-free rate assumed to be 5.17% (FBIL OVERNIGHT MIBOR)

EXPENSE RATIO^#: 2.02%
EXPENSE RATIO^# (DIRECT) : 1.33%
^# 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.

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