TYPE OF SCHEME

An open ended equity scheme following special situations theme
SCHEME CATEGORY

Thematic - Special Situations
SCHEME CHARACTERISTICS

Min 80% Equity in Special Situations theme
INVESTMENT OBJECTIVE

To generate capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances.
DATE OF ALLOTMENT:

February 21, 2000
FUND MANAGER(S):

Kiran Sebastian & R Janakiraman
Sandeep Manam (dedicated for making investments for Foreign Securities)
BENCHMARK:

Nifty 500

TURNOVER:
Portfolio Turnover	58.00%
VOLATILITY MEASURES (3 YEARS):
Standard Deviation	4.85%
Beta	0.98
Sharpe Ratio*	1.18
* Annualised. Risk-free rate assumed to be 6.65% (FBIL OVERNIGHT MIBOR)

EXPENSE RATIO^#: 1.79%
EXPENSE RATIO^# (DIRECT) : 0.57%
^# 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