HDFC Balance Sheet 31 March 2011 29Apr

8/6/2019 HDFC Balance Sheet 31 March 2011 29Apr

1/11

HDFC Asset Management Company LimitedA Joint Venture with Standard Life Investments Limited

Registered Office: Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400 020.Investor Services Centre (at Mumbai) : Mistry Bhawan, 2nd Floor, 122, Backbay Reclamation, Dinshaw Vachha Road, Churchgate, Mumbai - 400 020 Tel.: 022-6000 6767 Toll-free number : 1800 233 6767 Fax : 022-2282 1144 e-mail : [email protected] Visit us at : www.hdfcfund.com

UNAUDITED HALF-YEARLY FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2011[ Pursuant to Regulation 59 of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]

Page: 1 (continued....)

( ` in Crore, unless otherwise stated)

Sr. Pa rt ic ul ar s H DF CG R H DF CE Q H D FC T 2 H DF CC B H D FC CS HD FC PM H DF C I nd ex F un d H D FC BA H DF CP R H DF C H D FC TA H D FC TS HD FC AR H DF LT E MI DC AP

No. Sensex Nifty Sensex Plus Childrens Gift Fund

H DF C S X H D F C N Y H DF C S + H D F C G F H D F C G S

01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010to to to to to to to to to to to to to to to to to to

31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011

1.1 Unit Capital at the beginning of the half-year period 247.38 795.97 958.96 163.59 149.25 239.87 7.57 10.61 7.16 69.19 994.75 65.90 28.71 143.54 230.33 118.49 727.20 733.321.2 Unit Capital at the end of the period 247.29 934.07 1,122.82 161.68 150.77 236.75 9.74 10.95 8.55 89.17 1,170.57 66.28 28.55 147.31 272.93 71.77 523.60 809.01

2 Reserves and Surplus 1,065.51 8,012.55 9,246.40 403.12 280.90 234.05 38.97 42.58 54.03 155.54 4,799.32 213.89 35.88 802.25 2,820.23 6.92 291.76 412.21

3.1 Total Net Assets at the beginning of the half-year period 1,423.40 8,024.26 9,226.39 654.12 474.92 544.13 39.51 53.97 54.06 199.62 5,438.04 274.28 63.27 1,034.33 2,945.27 129.04 1,186.99 1,191.233.2 Total Net Assets at the end of the period 1,312.80 8,946.62 10,369.22 564.80 431.67 470.80 48.71 53.53 62.58 244.71 5,969.89 280.17 64.43 949.56 3,093.16 78.69 815.36 1,221.22

4.1 NAV at the beginning of the half year period (`) 167.7773 52.5324 242.7425 41.623 22.0320Growth Option 93.228 296.647 224.764 117.837 43.330 31.329 - - - 55.564 219.644 - - 146.103 250.622 - 17.321 16.244Dividend Option 36.508 54.518 53.127 28.544 24.634 17.765 - - - 21.865 33.738 - - 42.768 70.408 - 14.329 16.245Daily Dividend Reinvestment Option - - - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - - - - 12.059 - -Wholesale Plan/Option - Dividend Option - - - - - - - - - - - - - - - 10.011^^ - -Wholesale Plan/Option - Daily Dividend Option - - - - - - - - - - - - - - - - - -Wholesale Plan/Option - Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option - Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option - Dividend Option (Quarterly) - - - - - - - - - - - - - - - 10.290 - -Retail Plan/Option - Growth Option - - - - - - - - - - - - - - - 11.970 - -Retail Plan/Option - Dividend Option - - - - - - - - - - - - - - - 10.398^^ - -Retail Plan/Option - Daily Dividend Option - - - - - - - - - - - - - - - - - -Retail Plan/Option - Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Retail Plan/Option - Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Retail Plan/Option - Dividend Option (Quarterly) - - - - - - - - - - - - - - - 10.754 - -

4.2 NAV at the end of the period / maturity / final redemption date (`) 160.8805 50.4760 235.3406 42.273 22.5631Growth Option 87.950 283.276 215.227 111.737 40.638 28.996 - - - 54.831 213.902 - - 139.014 232.907 - 16.722 15.095Dividend Option 31.171 47.854 46.601 24.352 21.032 14.828 - - - 19.243 29.158 - - 36.366 59.171 - 12.785 15.095Daily Dividend Reinvestment Option - - - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -

Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - - - - 12.573 - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - *# - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - 10.301 - -Retail Plan/Option - Growth Option - - - - - - - - - - - - - - - 12.467 - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - 10.021^^ - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - 10.446 - -

4.3 Dividend paid per Unit during the half-year (`)Individual & HUFDaily Dividend Reinvestment Option - - - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - - - -Dividend Option 3.000 4.000 4.000 2.500 2.000 1.500 - - - 2.250 3.500 - - 4.000 6.000 - 1.000 -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - 0.239^^ - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - 0.421 - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - 0 .796^^ - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - 0.743 - -OthersDaily Dividend Reinvestment Option - - - - - - - - - - - - - - - - - -

Weekly Dividend Option - - - - - - - - - - - - - - - - - -Dividend Option 3.000 4.000 4.000 2.500 2.000 1.500 - - - 2.250 3.500 - - 4.000 6.000 - 1.000 -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - 0.239^^ - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - 0.421 - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - 0 .796^^ - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - 0.743 - -

Income5.1 Dividend 6.09 23.24 29.84 1.79 2.29 1.29 0.16 0.15 0.12 0.48 14.11 0.58 0.04 3.07 11.77 0.03 3.60 3.865.2 Interest 1.35 9.84 10.51 0.58 0.99 0.76 0.05 0.08 0.22 2.32 61.13 2.67 1.88 0.90 7.71 1.52 2.86 2.305.3 Profit/ (Loss) on sale/ redemption of investments

(other than inter-scheme transfer/ sale) 88.06 271.54 167.01 44.05 49.68 17.15 3.87 3.35 3.58 3.97 159.10 0.09 0.57 40.44 108.99 11.47 143.52 50.055.4 Profit/ (Loss) on inter-scheme transfer/ sale of investments 1.29 5.80 2.12 0.42 0.07 (1.18) - 0.01 2.67 1.43 3.86 # - 7.36 - - 6.68 -5.5 Other Income 0.02 0.04 1.25 0.01 0.03 0.01 # # # # 0.37 0.10 # # # # # #5.6 Total Income (5.1 to 5.5) 96.81 310.45 210.74 46.86 53.06 18.04 4.08 3.59 6.60 8.21 238.57 3.44 2.49 51.78 128.47 13.03 156.67 56.21

Expenses6.1 Management Fees 6.70 42.33 47.61 3.10 2.33 2.60 0.13 0.10 0.12 1.28 29.12 1.54 0.39 4.99 14.84 0.44 5.45 6.146.2 Trustee Fees 0.07 0.42 0.48 0.03 0.02 0.02 # # # 0.01 0.29 0.01 # 0.05 0.14 0.01 0.42 0.066.3 Total Recurring Expenses (including 6.1 to 6.2) 13.12 74.61 84.74 6.60 5.10 5.59 0.26 0.27 0.29 2.44 51.74 2.84 0.71 9.97 26.63 0.47 10.64 11.746.4 Percentage of Management Fees

to average daily net assets (annualised) 1.01 1.01 1.00 1.04 1.04 1.05 0.50 0.39 0.40 1.11 1.01 1.14 1.25 1.03 1.03 0.84 1.04 1.056.5 Total Recurring Expenses as a percentage of

average daily net assets (annualised) 1.98 1.79 1.78 2.21 2.28 2.25 1.00 1.00 1.00 2.11 1.80 2.09 2.25 2.06 1.85 0.89 2.03 2.01

7.1 Returns during the half-year (absolute) ((+) (-)) (%)##[Others] (5.66) (4.51) (4.24) (5.18) (6.21) (7.45) (4.11) (3.91) (3.05) (1.32) (2.61) 1.56 2.41 (4.85) (7.07) NA$ (3.46) (7.07)

[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 4.26 NA$ NA$[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 4.15 NA$ NA$

7.2 Compounded annualised yield in case of schemes inexistence for more than one year##(a) last one year (%)

[Others] 18.04 19.89 17.15 14.94 13.53 12.26 10.46 10.46 14.63 16.17 17.50 23.12 10.20 16.76 13.24 NA$ 18.48 15.33[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 7.80 NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 7.55 NA$ NA$(b) last three years (%)

[Others] 12.27 19.55 17.84 13.73 14.08 13.52 5.68 5.98 12.06 16.87 18.75 17.53 11.02 13.09 15.28 NA$ 11.89 16.74[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.48 NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.22 NA$ NA$(c) last five years (%)

[Others] 16.35 17.37 17.45 13.17 11.27 11.59 8.95 8.47 14.06 13.68 17.53 12.08 8.78 10.07 12.15 NA$ 9.62 NA$[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(d) since launch of the scheme (%)

[Others] 22.87 22.84 25.32** 15.09 23.92 19.46 20.30 19.98 25.67 17.49 21.33** 18.41$$ 11.26$$ 29.29 31.18** NA$ 10.53 11.55[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.89 NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.62 NA$ NA$(e) date of launch 11-Sep-00 1-Jan-95 11-Oct-96 1-Feb-94 17-Sep-04 6-Apr-05 17-Jul-02 17-Jul-02 17-Jul-02 11-Sep-00 1-Feb-94 2-Mar-01 2-Mar-01 2-Jan-01 31-Mar-96 23-Oct-07 10-Feb-06 25-Jun-07

7.3 Benchmark returns^ during the half-year (absolute) (%) (3.11) (6.06) (6.00) (6.06) (6.00) (6.06) (2.88) (3.01) (2.88) (1.10) (1.10) (1.10) 1.65 (3.11) (6.06) 3.71 (3.25) (12.27)7.4 Benchmark returns^ - compounded annualised

(a) last one year (%) 10.94 7.26 8.15 7.26 8.15 7.26 12.14 12.36 12.14 9.37 9.37 9.37 6.17 10.94 7.26 6.21 11.14 4.35(b) last three years (%) 7.52 6.54 7.17 6.54 7.17 6.54 8.78 8.34 8.78 8.13 8.13 8.13 6.82 7.52 6.54 6.22 7.21 8.81(c) last five years (%) 11.50 9.71 10.98 9.71 10.98 9.71 13.29 12.70 13.29 10.59 10.59 10.59 7.41 11.50 9.71 NA$ 11.38 NA$(d) since launch of the scheme (%) 14.41 10.06 15.02 8.94 19.94 17.00 25.66 23.91 25.66 NA NA NA NA 16.63 13.41 6.28 13.62 8.92

8 Provision for doubtful income / debts Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil

9 Payments to associate / group companiesHDFC Bank Limited$$$Bank Charges 0.02 0.09 0.18 # 0.01 # # # # # 0.04 # # 0.01 0.07 # 0.01 0.01Custody Charges 0.08 0.03 0.03 # 0.03 0.03 # 0.01 # 0.01 0.01 0.02 # 0.06 0.01 0.04 0.01 0.07Commission on distribution of Units 0.63 3.08 4.20 0.31 0.40 0.41 0.01 0.01 0.01 0.11 2.40 0.05 0.01 0.21 1.68 0.01 0.44 0.54HDFC Asset Management Company Limited $Investment Management and Advisory Fees 6.70 42.33 47.61 3.10 2.33 2.60 0.13 0.10 0.12 1.28 29.12 1.54 0.39 4.99 14.84 0.44 5.45 6.14Service Tax on Investment Management & Advisory Fees 0.69 4.36 4.90 0.32 0.24 0.27 0.01 0.01 0.01 0.13 3.00 0.16 0.04 0.51 1.53 0.05 0.56 0.63HDFC Trustee Company Limited$

Trustee Fees 0.07 0.42 0.48 0.03 0.02 0.02 # # # 0.01 0.29 0.01 # 0.05 0.14 0.01 0.42 0.06Service Tax on Trustee Fees 0.01 0.04 0.05 # # # # # # # 0.03 # # # 0.01 # 0.04 0.01Computer Age Management Services Pvt. Limited$$$Registrar and Transfer Agent Fees 0.94 5.56 8.41 0.37 0.30 0.33 0.03 0.04 0.05 0.17 3.23 0.17 0.04 0.78 3.12 0.04 0.62 0.97HDFC Sales Private Limited $$$Commission on distribution of Units # # # # # # - # # # # # - # # - - #GRUH Finance Limited$Commission on distribution of Units # # - # - - - - - - # # - # # - # #HDFC Investments Limited$Commission on distribution of Units - - - - - - - - - - - # # # - - - -Housing Development Finance Corporation Limited @Commission on distribution of Units! # # # # # # - - # # # # - # # - - #

10 Investments made in sponsor/associate/ group companies(aggregate cost & Market Value) Refer note no. 10 & 11 in Notes section

Period

Scheme Code^

^For Scheme Codes, Scheme Name & Benchmark Indices, please refer note no. 13 in Notes section. (NA$) - Not Applicable, (NA) Not Available, # Less than `0.01 Crore, (#) Less than ` (0.01) Crore, (##) Returns are computed based on NAV of Growth Option, wherever applicable. For calculating returnssince inception, NAV on allotment is taken at `10/- per unit except in case of plans under HDFC Index Fund where the NAV on the date of allotment is taken at `32.161 for Sensex Plan / Sensex Plus Plan and `10.326 for Nifty Plan and HDFC Liquid Fund - Premium Plan and Premium Plus Plan where NAVon allotment is taken as ` 11.9684 and HDFC Gold Exchange Traded Fund where the NAV on the date of allotment is taken as ` 1800.3288.**For the purpose of calculation of returns, all dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvestedin the units of the scheme at the then prevailing NAV (ex-dividend NAV). Returns less than 1 ye ar period are absolute. Returns equal to or greater than 1 year period are compounded annualized (CAGR). The launch date is deemed to be the date of allotment. Past performance may or may not be sustainedin the future. ($) Group Company of Sponsor, (@) Sponsor, ($$$) Associate. (*) Opening NAV is for 29th Sep 2010 as 30th Sep 2010 was a non-business day for Debt Funds.^^Erstwhile Monthly Dividend Option. $$ Adjusted for bonus units declared under the scheme. (!) Pursuant to SEBI directives, nopayment of commission has been made in respect of investments made by the Sponsor of the Mutual Fund, *# There are no unitholders in the Plan.


2/11






S r. P ar ti cu la rs HDINFG HDGETF HDFC MF Monthly HDFCMY MY2005 HDFCIN High Interest Fund HDFCSP HDFC Gilt Fund HDFC Floating HDFC Liquid FundIncome Plan Rate Income Fund

HMIPST HMIPLT HDFCHI HIFSTP HDFCST HDFCLT HDFLSP HDFLTP HDFCLI HDFCLIP HDFCLIP+

01/10/2010 01/10/20010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010to to to to to to to to to to to to to to to to to31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011

1.1 Unit Capital at the beginning of the half-year period 1,192.02 16.80 533.67 5,663.02 29.26 46.82 307.51 114.32 2,476.18 1,505.94 8.13 65.89 2,067.81 938.05 5,010.151.2 Unit Capital at the end of the period 974.60 15.10 410.85 6,149.10 30.07 46.96 266.06 74.03 897.78 639.53 14.08 108.72 1,379.77 904.50 1,939.432 Reserves and Surplus 184.85 297.58 127.13 3,753.85 14.53 17.97 174.29 44.55 378.77 161.74 8.06 88.89 149.43 610.83 1,343.303.1 Total Net Assets at the beginning of the half-year period 1,618.01 322.88 700.06 9,114.05 43.80 64.84 504.51 198.49 3,198.21 1,801.85 11.84 109.56 2,270.17 1,504.52 8,465.353.2 Total Net Assets at the end of the period 1,159.45 312.68 537.98 9,902.95 44.60 64.93 440.35 118.58 1,276.55 801.27 22.14 197.61 1,529.20 1,515.33 3,282.734.1 NAV at the beginning of the half year period (`) 1,921.4959

Growth Option 13.574 - 17.0400* 22.7760* 17.5924* 15.9145* 22.2149* 32.2367* 18.8983* 18.4569* 16.1550* 19.3086* - 16.2377* 18.6925 18.9383 18.9768Dividend Option 13.574 - - - 11.4617* 11.3284* 10.8696* - 10.6045* 10.3224* 10.6522* 10.5518* - 10.1771* - - -Daily Dividend Reinvestment Option - - - - - - - - - - - - - - 10.1982 12.2598 -Weekly Dividend Option - - - - - - - - - - - - - - 10.3155 *# *#Dividend Option (Monthly) - - 11.4360* 13.2124* - - - - - - - - - - 10.2683 - -Dividend Option (Quarterly) - - 11.6901* 13.5288* - - - 11.1308* - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - 10.8273* - - - - - - - - -Dividend Option (Yearly) - - - - - - - 11.7422* - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - 16.1081* - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - 1 0.0809* - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 10.1386* - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 10.1473* - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - - - - - - - - - - - - 15.9596* - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - 10.0809* - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 1 0.1384* - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 1 0.1472* - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -

4.2 NAV at the end of the period/ maturity/ final redemption date (`) 2,070.2028Growth Option 11.897 - 17.0630 23.0252 17.8196 16.2516 22.7852 33.1181 19.3481 18.9622 16.6657 19.8987 - 16.8913 19.3803 19.6536 19.6933Dividend Option 11.897 - - - 10.7377 10.7033 10.9771 - 10.6153 10.3597 10.7889 10.6743 - 10.2150 - - -Daily Dividend Reinvestment Option - - - - - - - - - - - - - - 10.1982 12.2598 -Weekly Dividend Option - - - - - - - - - - - - - - 1 0.3185 1 0.1822 *#Dividend Option (Monthly) - - 11.1075 12.9419 - - - - - - - - - - 10.2712 - -Dividend Option (Quarterly) - - 11.3629 13.2636 - - - 11.2636 - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - 10.9526 - - - - - - - - -Dividend Option (Yearly) - - - - - - - 11.5499 - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - 16.7311 - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - 10.0809 - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 10.1433 - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 10.1520 - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - - - - - - - - - - - - 16.5462 - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - 10.0809 - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 10.1431 - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 10.1518 - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -

4.3 Dividend paid per Unit during the half-year (`)Individual & HUFDaily Dividend Reinvestment Option - - - - - - - - - - - - - - 0.2963 0.3653 -Weekly Dividend Option - - - - - - - - - - - - - - 0 .2894 - -Dividend Option - - - - 0.7500 0.7500 0.1500 - 0.2099 0.2128 0.1750 0.1750 - 0.3197 - - -Dividend Option (Monthly) - - 0.3000 0.3600 - - - - - - - - - - 0.2899 - -Dividend Option (Quarterly) - - 0.3000 0.3600 - - - 0.1500 - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - 0.1500 - - - - - - - - -Dividend Option (Yearly) - - - - - - - 0.4500 - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - 0.3386 - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 0.3343 - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 0.3355 - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - 0.3276 - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 0.3173 - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 0.3184 - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -Others

Daily Dividend Reinvestment Option - - - - - - - - - - - - - - 0.2963 0.3653 -Weekly Dividend Option - - - - - - - - - - - - - - 0 .2894 - -Dividend Option - - - - 0.6990 0.6990 0.1398 - 0.1956 0.1983 0.1631 0.1631 - 0.2977 - - -Dividend Option (Monthly) - - 0.2796 0.3354 - - - - - - - - - - 0.2899 - -Dividend Option (Quarterly) - - 0.2796 0.3356 - - - 0.1398 - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - 0.1398 - - - - - - - - -Dividend Option (Yearly) - - - - - - - 0.4194 - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - 0.3160 - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 0.3115 - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 0.3127 - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - 0.3049 - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - 0.2958 - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - 0.2968 - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - -Income

5.1 Dividend 4.10 - 0.35 8.45 0.03 0.02 - - - - - - - - -5.2 Interest 1.18 0.01 20.49 295.33 1.37 2.40 22.18 6.93 71.91 47.09 0.35 11.70 78.88 59.09 327.715.3 Profit/ (Loss) on sale/ redemption of investments

(other than inter-scheme transfer/ sale) 205.55 4.89 3.19 51.06 (0.07) (0.10) (4.88) (1.50) (6.72) (0.47) (0.07) (1.24) 0.03 (0.70) (0.31)5.4 Profit/ (Loss) on inter-scheme transfer/ sale of investments (3.07) - 3.70 (3.98) (0.05) (0.04) 0.18 (0.08) (2.10) 2.18 (0.04) 0.01 (0.25) (12.25) (0.07)5.5 Other Income # - # # # # # 0.01 # # # # 0.02 2.22 0.035.6 Total Income (5.1 to 5.5) 207.76 4.90 27.73 350.86 1.29 2.27 17.48 5.36 63.09 48.81 0.24 10.47 78.69 48.36 327.36

Expenses6.1 Management Fees 6.06 0.67 3.31 48.96 0.26 0.44 2.92 1.01 6.36 5.03 # 0.44 3.28 - 9.096.2 Trustee Fees 0.61 0.02 0.03 0.50 # # 0.03 0.01 0.10 0.06 # 0.02 0.10 0.08 0.416.3 Total Recurring Expenses (including 6.1 to 6.2) 13.22 1.55 6.04 75.76 0.40 0.59 4.53 1.46 10.17 6.39 0.02 0.77 5.81 0.08 15.226.4 Percentage of Management Fees

to average daily net assets (annualised) 0.90 0.43 1.02 0.98 1.17 1.29 1.05 1.17 0.63 0.79 0.02 0.29 0.33 - 0.226.5 Total Recurring Expenses as a percentage

of average daily net assets (annualised) 1.97 1.00 1.86 1.52 1.75 1.75 1.62 1.69 1.00 1.00 0.50 0.50 0.58 0.01 0.377.1 Returns during the half-year (absolute) ((+) (-)) (%)##

[Others] (12.35) 7.74 0.13 1.09 1.29 2.12 2.57 2.73 2.38 2.74 3.16 3.06 NA$ 4.03 3.68 3.78 3.78[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 3.87 NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 3.68 NA$ NA$ NA$ NA$7.2 Compounded annualised yield in case of schemes

in existence for more than one year##(a) last one year (%)

[Others] 6.31 NA$ 4.84 9.11 7.66 7.74 6.18 6.27 5.02 5.39 5.31 6.33 NA$ 6.74 6.26 6.49 6.49[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.67 NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.27 NA$ NA$ NA$ NA$(b) last three years (%)

[Others] 8.35 NA$ 8.05 12.60 9.78 10.43 8.05 7.74 8.70 8.94 4.65 6.17 NA$ 7.93 6.41 6.64 6.64[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.94 NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.60 NA$ NA$ NA$ NA$(c) last five years (%)

[Others] NA$ NA$ 6.54 11.08 8.98 9.02 7.17 6.94 8.84 8.56 5.02 5.49 NA$ 7.74 6.90 7.08 7.08[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 7.07 NA$ NA$ NA$ NA$(d) since launch of the scheme (%)

[Others] 5.85 14.99 7.63 12.16 9.24 9.02 8.11 8.98 7.48 7.29 5.41 7.36 NA$ 6.58 6.53 6.31 6.34[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 7.18 NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ 6.31 NA$ NA$ NA$ NA$(e) date of launch 10-Mar-08 13-Aug-10 26-Dec-03 26-Dec-03 17-Sep-04 17-Aug-05 11-Sep-00 28-Apr-97 6-Feb-02 28-Feb-02 25-Jul-01 25-Jul-01 16-Jan-03 16-Jan-03 17-Oct-00 24-Feb-03 24-Feb-03

7.3 Benchmark returns^ during the half-year (absolute) (%) (6.06) 8.35 1.77 1.77 1.77 1.77 2.42 2.42 2.76 2.76 3.09 3.88 3.72 3.72 3.71 3.71 3.717.4 Benchmark returns^ - compounded annualised

(a) last one year (%) 7.26 NA$ 6.17 6.17 6.17 6.17 5.06 5.06 5.12 5.12 4.90 7.41 6.21 6.21 6.21 6.21 6.21(b) last three years (%) 6.54 NA$ 6.82 6.82 6.82 6.82 5.94 5.94 6.91 6.91 7.72 8.38 6.22 6.22 6.22 6.22 6.22(c) last five years (%) NA$ NA$ 7.41 7.41 7.41 7.41 5.94 5.94 7.04 7.04 7.60 8.01 6.51 6.51 6.51 6.51 6.51(d) since launch of the scheme (%) 5.50 12.66 7.09 7.09 8.02 7.77 NA NA NA NA NA NA 5.71 5.71 4.41 NA NA

8 Provision for doubtful income / debts Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil9 Payments to associate / group companies

HDFC Bank Limited$$$Bank Charges 0.01 - # 0.06 # # 0.01 # 0.01 0.01 # # 0.01 0.01 0.03Custody Charges - - 0.04 0.56 # - 0.01 # 0.14 0.09 - - 0.09 0.10 0.30Commission on distribution of Units 0.50 - 0.14 2.91 0.01 0.01 0.13 0.03 0.21 0.14 # 0.02 0.10 0.09 0.13HDFC Asset Management Company Limited $Investment Management and Advisory Fees 6.06 0.78 3.31 48.96 0.26 0.44 2.92 1.01 6.36 5.03 # 0.44 3.28 - 9.09Service Tax on Investment Management & Advisory Fees 0.62 0.08 0.34 5.04 0.03 0.04 0.30 0.10 0.66 0.52 # 0.05 0.34 - 0.94HDFC Trustee Company Limited$Trustee Fees 0.61 0.02 0.03 0.50 # # 0.03 0.01 0.10 0.06 # 0.02 0.10 0.08 0.41Service Tax on Trustee Fees 0.06 # # 0.05 # # # # 0.01 0.01 # # 0.01 0.01 0.04Computer Age Management Services Pvt. Limited$$$Registrar and Transfer Agent Fees 0.84 0.02 0.20 2.68 0.04 0.03 0.18 0.09 0.61 0.22 0.01 0.08 0.50 0.39 1.21HDFC Sales Private Limited $$$Commission on distribution of Units # - # # - - - - - # - - # - #GRUH Finance Limited$Commission on distribution of Units # - - - - - - - - - - - - - #HDFC Investments Limited$Commission on distribution of Units - - - - - - # - - - - - - - -Housing Development Finance Corporation Limited @Commission on distribution of Units! - - - # - - # - - # - - # - #


Period

Scheme Code^

^For Scheme Codes, Scheme Name & Benchmark Indices, please refer note no. 13 in Notes section. (NA$) - Not Applicable, (NA) Not Available, # Less than `0.01 Crore, (#) Less than ` (0.01) Crore, (##) Returns are computed based on NAV of Growth Option , wherever applicable. For calculating returns s inceinception, NAV on allotment is taken at `10/- per unit except in case of plans under HDFC Index Fund where the NAV on the date of allotment is taken at `32.161 for Sensex Plan / Sensex Plus Plan and `10.326 for Nifty Plan and HDFC Liquid Fund - Premium Plan and Premium Plus Plan where NAV on allotmentis taken as `11.9684 and HDFC Gold Exchange Traded Fund where the NAV on the date of allotment is taken as `1800.3288. Returns less than 1 year period are absolute. Returns equal to or greater than 1 year period are compounded annualized (CAGR). The launch date is deemed to be the date of allotment. Pastperformance may or may not be sustained in the future. ($) Group Company of Sponsor, (@) Sponsor, ($$$) Associate. (*) Opening NAV is for 29th Sep 2010 as 30th Sep 2010 was a non-business day for Debt Funds. (!) Pursuant to SEBI directives, no payment of commission has been made in respect ofinvestments made by the Sponsor of the Mutual Fund, *# There are no unitholders in the Plan.


3/11






Sr. Particulars HDFC Cash Management Fund HDFCSO HDFCMO HDFCCURE HDFC Quarterly Interval Fund HDFC Fixed Maturity Plans

No. HDFCMS HDFCIG HDFCMC Plan A Plan B Plan C SEP20M OT18MT OCT13M NOV19M DEC15M FEB24M MARM13 MARM14 MAR361 M R13M2

01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 ~11/03/2011 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010to to to to to to to to to to to to to to to to to to to

31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 22/11/2010+ 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/20111.1 Unit Capital at the beginning of the half-year period 1,914.74 13,355.98 13.10 235.34 32.31 - 78.88 92.13 294.07 219.70 211.19 1,815.83 71.28 25.06 49.33 281.69 295.50 142.48 212.881.2 Unit Capital at the end of the period 1,466.92 9,778.62 9.99 51.87 1.01 76.68 42.31 161.04 206.73 219.70 211.19 - 71.28 25.06 49.33 281.69 295.50 142.48 212.88

2 Reserves and Surplus 549.39 817.65 2.31 0.54 0.02 0.44 1.58 5.55 4.54 25.15 23.00 - 5.78 2.01 2.92 21.02 20.25 10.02 14.56

3.1 Total Net Assets at the beginning of the half-year period 2,586.74 14,864.35 16.29 236.69 32.52 - 80.63 94.06 300.35 236.28 226.22 1,922.15 74.59 26.10 50.85 291.69 304.61 146.81 218.913.2 Total Net Assets at the end of the period 2,016.31 10,596.27 12.30 52.41 1.03 77.12 43.89 166.59 211.27 244.85 234.19 - 77.06 27.07 52.25 302.71 315.75 152.50 227.44

4.1 NAV at the beginning of the half year period (`)Growth Option 19.7493 - 15.6205 10.1633* 10.1654* - - - - 10.7599* 10.7225* 10.5835* 10.4799* 10.4338* 10.3204* 10.3525* 10.3114* 10.3052* 10.2818*Dividend Option - - - 10.0032* 10.1655* - - - - 10.7599* 10.7225* 10.5835* 10.4799* 10.4338* 10.3204* 10.3525* 10.3114* 10.3052* 10.2818*Daily Dividend Reinvestment Option 10.6364 - 10.4266 - - - - - - - - - - - - - - - -Weekly Dividend Option 10.6355 - - - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - - -Dividend Option (Quarterly) - - - - - - - - - 10.1973* 10.0062* 10.0041* 10.0071* 10.0066* 10.0042* 10.3525* 10.0073* 10.0080* 10.0078*Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - 20.7282* - - - - 10.3189* 10.1348* 10.0910* - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - 10.0164* 10.1348* 10.0910* - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - 10.0315* - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - 10.0244* - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - 10.0535* - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - 20.4990* - - - - 13.1161* 12.9023* 12.8309* - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - 10.0213* 10.1349* 10.0910* - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - 10.0315* - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - 10.0243* - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - 10.0533* - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -

4.2 NAV at the end of the period/ maturity/ final redemption date (`)Growth Option 20.4920 - 16.1040 10.5575 10.5628 - - - - 11.1572 11.1052 10.6943 10.8418 10.8313 10.6185 10.7462 10.6976 10.7108 10.6876Dividend Option - - - 10.0360 10.0318 10.0566 - - - 11.1572 11.1052 10.0000 10.8418 10.8313 10.6185 10.7462 10.6976 10.7108 10.6876Daily Dividend Reinvestment Option 10.6364 - 10.4266 - - - - - - - - - - - - - - - -Weekly Dividend Option 10.6411 - - - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - - -Dividend Option (Quarterly) - - - - - - - - - 10.2953 10.2170 10.0000 10.0163 10.2157 10.0532 10.7462 10.0145 10.2283 10.0142

Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - 21.5217 - - - - 10.7386 10.5336 10.4979 - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - 10.0565 1 0.1919 1 0.1339 - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - 10.0315 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - 10.0289 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - 10.0579 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - 21.2572 - - - - 13.6495 13.4101 13.3483 - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - 10.0604 10.1828 10.1339 - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - 10.0315 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - 10.0287 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - 10.0577 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -

4.3 Dividend paid per Unit during the half-year (`)Individual & HUFDaily Dividend Reinvestment Option 0.3157 - 0.2555 - - - - - - - - - - - - - - - -Weekly Dividend Option 0.3030 - - - - - - - - - - - - - - - - - -Dividend Option - - - 0.3066 0.3119 - - - - - - 0.6099 - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - - -Dividend Option (Quarterly) - - - - - - - - - 0.2418 0.1258 0.0956 0.2927 0.1481 0.2097 - 0.3196 0.1491 0.3377Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - 0.3193 0.2930 0.3129 - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - 0.3387 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - 0.3267 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - 0.3290 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - 0.3195 0.3001 0.3129 - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - 0.3281 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - 0.3160 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - 0.3178 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -OthersDaily Dividend Reinvestment Option 0.3157 - 0.2555 - - - - - - - - - - - - - - - -

Weekly Dividend Option 0.3030 - - - - - - - - - - - - - - - - - -Dividend Option - - - 0.2858 0.2907 - - - - - - 0.5684 - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - - - - -Dividend Option (Quarterly) - - - - - - - - - 0.2253 0.1173 0.0891 0.2728 0.1381 0.1955 - 0.2979 0.1390 0.3147Dividend Option (Half Yearly) - - - - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - 0.2976 0.2731 0.2917 - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - 0.3166 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - 0.3049 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - 0.3066 - - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - 0.2977 0.2797 0.2917 - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - 0.3062 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - 0.2944 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - 0.2961 - - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - - - - -

Income5.1 Dividend - - - - - - - - - - - - - - - - - -5.2 Interest 125.43 588.63 0.52 4.15 0.35 0.43 4.51 8.55 11.58 7.09 9.03 17.41 2.84 1.03 1.71 10.73 11.73 5.67 7.675.3 Profit/ (Loss) on sale/ redemption of investments

(other than inter-scheme transfer/ sale) 1.26 1.48 - (0.01) # - 0.02 0.03 0.12 (0.06) (0.30) - 0.05 (0.10) - (0.30) (0.31) - (0.10)5.4 Profit/ (Loss) on inter-scheme transfer/ sale of investments 0.04 3.93 - (0.02) (#) - 0.47 (0.16) (0.10) (0.02) (0.05) - (#) (0.15) 0.72 (0.35) 1.36 (0.65) (#)5.5 Other Income 0.02 0.04 # - # - 0.06 0.13 0.10 - - - - - - - - - -5.6 Total Income (5.1 to 5.5) 126.75 594.08 0.52 4.12 0.35 0.43 5.06 8.55 11.70 7.02 8.69 17.41 2.89 0.78 2.43 10.08 12.78 5.02 7.57

Expenses6.1 Management Fees 4.51 25.80 # 0.04 - - 0.14 0.12 0.44 0.46 0.99 0.28 0.07 0.02 0.14 0.53 0.67 0.19 0.256.2 Trustee Fees 0.16 0.75 # 0.01 # # 0.01 0.01 0.01 0.01 0.01 0.03 # # # 0.01 0.02 0.01 0.016.3 Total Recurring Expenses (including 6.1 to 6.2) 6.54 42.26 0.02 0.16 # # 0.22 0.22 0.59 0.52 1.12 0.52 0.09 0.02 0.15 0.61 0.75 0.21 0.286.4 Percentage of Management Fees

to average daily net assets (annualised) 0.28 0.34 0.05 0.07 - - 0.23 0.12 0.30 0.38 0.87 0.10 0.20 0.12 0.53 0.36 0.44 0.26 0.226.5 Total Recurring Expenses as a percentage

of average daily net assets (annualised) 0.41 0.56 0.20 0.30 0.10 0.01 0.36 0.21 0.41 0.43 0.97 0.18 0.24 0.16 0.60 0.41 0.48 0.29 0.25

7.1 Returns during the half-year (absolute) ((+) (-)) (%)##[Others] 3.76 NA$ 3.10 3.88 3.91 0.57 NA$ NA$ NA$ 3.69 3.57 1.05 3.45 3.81 2.89 3.80 3.75 3.94 3.95

[Wholesale] NA$ 3.83 NA$ NA$ NA$ NA$ 4.07 3.93 4.03 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ 3.70 NA$ NA$ NA$ NA$ 4.07 3.94 4.03 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$7.2 Compounded annualised yield in case of schemes inexistence for more than one year##(a) last one year (%)

[Others] 6.47 NA$ 5.53 NA$ NA$ NA$ NA$ NA$ NA$ 7.38 6.54 6.00 6.63 6.94 5.67 7.12 6.76 7.01 6.87[Wholesale] NA$ 6.61 NA$ NA$ NA$ NA$ 7.31 NA$ 4.18 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ 6.35 NA$ NA$ NA$ NA$ 7.31 6.62 6.83 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(b) last three years (%)

[Others] 6.61 NA$ 5.17 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$[Wholesale] NA$ 6.86 NA$ NA$ NA$ NA$ 2.40= (0.81)= (0.87)= NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ 6.52 NA$ NA$ NA$ NA$ 10.93 7.50 7.40 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(c) last five years (%)

[Others] 7.07 NA$ 5.93 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ 7.01 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(d) since launch of the scheme (%)

[Others] 6.54** NA$ 5.35 5.57 5.63 0.57 NA$ NA$ NA$ 7.49 7.46 6.37 6.18 6.74 5.92 7.28 6.88 7.11 6.88[Wholesale] NA$ 7.23 NA$ NA$ NA$ NA$ 1.79= 1.32= 1.26= NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ 6.86 NA$ NA$ NA$ NA$ 8.08 7.70 7.73 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(e) date of la unc h 18-Nov-99 18-Nov-99 6-Feb-02 25-Jun-10 29-Jun-10 11-M ar-11 30-Mar-07 18-Apr-07 15-May-07 24-Sep-09 15-Oct-09 21-Oct-09 24-Nov-09 8-Jan-10 15-Mar-10 22-Mar-10 26-Mar-10 31-Mar-10 31-Mar-10

7.3 Benchmark returns^ during the half-year (absolute) (%) 3.71 3.72 3.71 2.76 2.42 0.55 3.72 3.72 3.72 2.76 2.76 0.69 2.76 2.76 2.76 2.76 2.76 2.76 2.767.4 Benchmark returns^ - compounded annualised

(a) last one year (%) 6.21 6.21 6.21 NA$ NA$ NA$ 6.21 6.21 6.21 5.12 5.12 4.52 5.12 5.12 5.12 5.12 5.12 5.12 5.12(b) last three years (%) 6.22 6.22 6.22 NA$ NA$ NA$ 6.22 6.22 6.22 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(c) last five years (%) 6.51 6.51 6.51 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(d) since launch of the scheme (%) NA NA NA 3.82 3.33 0.55 6.54 6.41 6.36 5.18 5.30 5.03 4.88 5.07 5.16 5.17 5.16 5.12 5.12

8 Provision for doubtful income / debts Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil

9 Payments to associate / group companiesHDFC Bank Limited$$$Bank Charges 0.01 0.06 # # # - - - - # - # - - - - - - -Custody Charges 0.13 0.62 - 0.01 # # # 0.01 0.01 0.01 0.01 0.02 # # # 0.01 0.01 # 0.01Commission on distribution of Units 0.04 1.42 # 0.01 # - # # 0.01 - - - - - - - - - -HDFC Asset Management Company Limited $Investment Management and Advisory Fees 4.51 25.80 # 0.04 - - 0.14 0.12 0.44 0.46 0.99 0.28 0.07 0.02 0.14 0.53 0.67 0.19 0.25Service Tax on Investment Management & Advisory Fees 0.46 2.66 # # - - 0.01 0.01 0.04 0.05 0.10 0.03 0.01 # 0.01 0.05 0.07 0.02 0.03

HDFC Trustee Company Limited$Trustee Fees 0.16 0.75 # 0.01 # # 0.01 0.01 0.01 0.01 0.01 0.03 # # # 0.01 0.02 0.01 0.01Service Tax on Trustee Fees 0.02 0.08 # # # # # # # # # # # # # # # # #Computer Age Management Services Pvt. Limited$$$Registrar and Transfer Agent Fees 0.54 2.76 0.01 0.04 # # 0.01 0.02 0.02 0.01 0.01 0.03 # # # 0.01 0.01 0.01 0.01HDFC Sales Private Limited $$$Commission on distribution of Units - # - - - - - - - - - - - - - - - - -GRUH Finance Limited$Commission on distribution of Units - # - - - - - - - - - - - - - - - - -HDFC Investments Limited$Commission on distribution of Units - - - - - - - - - - - - - - - - - - -Housing Development Finance Corporation Limited @Commission on distribution of Units! - # - - - - - - - - - - - - - - - - -


Period

Scheme Code^

^For Scheme Codes, Scheme Name & Benchmark Indices, please refer note no. 13 in Notes section. (NA$) - Not Applicable, (NA) Not Available, # Less than `0.01 Crore, (#) Less than ` (0.01) Crore, (##) Returns are computed based on NAV of Growth Option , wherever applicable. For calculatingreturns since inception, NAV on allotment is taken at `10/- per unit except in c ase of plans under HDFC Index Fund where the NAV on the date of allotment is taken at `32.161 for Sensex Plan / Sensex Plus Plan and `10.326 for Nifty Plan and HDFC Liquid Fund - Premium Plan and Premium Plus Plan whereNAV on allotment is taken as `11.9684 and HDFC Gold Exchange Traded Fund where the NAV on the date of allotment is taken as `1800.3288.**For the purpose of calculation of returns, all dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvestedin the units of the scheme at the the n prevailing NAV (ex-dividend NAV). Returns less than 1 year period are absolute. Returns equal to or greater than 1 year period are compounded annualized (CAGR). The launch date is deemed to be the date of allotment. Past performance may or may not be sustainedin the future. ($) Group Company of Sponsor, (@) Sponsor, ($$$) Associate. (*) Opening NAV is for 29th Sep 2010 as 30th Sep 2010 was a non-business day for Debt Funds. (+) Date of Maturity, $$ Adjusted for bonus units declared under the scheme, (!) Pursuant to SEBI directives, no payment ofcommission has been made in respect of investments made by the Sponsor of the Mutual Fund, = There is significant variation in Returns for last 3 years & since inception between Wholesale & Retail Plan for HQIFA, HQIFB & HQIFC as the unitholders have come in Wholesale Plan on 23-Mar-10 , 13-Jul-10 & 10-Aug-10 respectively at NAV of`10. Return for HDFC Debt Fund for Cancer Cure has been computed taking into account NAV of Dividend Option, as there is no Growth Option.


4/11






Sr. Particulars HDFC Fixed Maturity Plans

MR13M3 APD367 APR36M APL367 JNE370 JUN100 JNE372 JUL100 JUL370 AUG100 AUG370 AUG102 AUG103 HMAUG352 AUG353 SEP370

01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010 01/10/2010to to to to to to to to to to to to to to to to

31/03/2011 31/03/2011 31/03/2011 31/03/2011 31/03/2011 14/10/2010+ 31/03/2011 01/11/2010+ 31/03/2011 11/11/2010+ 31/03/2011 25/11/2010+ 03/12/2010+ 06/10/2010+ 11/10/2010+ 31/03/20111.1 Unit Capital at the beginning of the half-year period 56.84 14.54 85.87 17.52 205.78 266.25 166.79 148.90 39.31 564.01 239.15 302.03 267.05 425.42 792.05 216.061.2 Unit Capital at the end of the period 56.84 14.54 85.87 17.52 205.78 - 166.79 - 39.31 - 239.15 - - - - 216.06

2 Reserves and Surplus 3.67 0.73 3.05 0.85 9.69 - 6.66 - 1.63 - 9.10 - - - - 7.19

3.1 Total Net Assets at the beginning of the half-year period 58.39 14.80 87.28 17.77 208.32 270.20 168.08 150.71 39.59 569.86 240.52 304.44 268.94 427.96 796.26 216.343.2 Total Net Assets at the end of the period 60.51 15.27 88.92 18.37 215.47 - 173.45 - 40.94 - 248.25 - - - - 223.254.1 NAV at the beginning of the half year period (`)

Growth Option 10.2723* 10.2084* 10.1788* 10.1574* 10.1213* 10.1463* 10.0799* 10.1195* 10.0686* 10.1020* 10.0554* 10.0778* 10.0688* 10.0581* 10.0507* 10.0111*Dividend Option 10.2723* 10.2084* 10.1788* 10.1574* 10.1213* 10.1463* 10.0799* 10.1195* 10.0686* 10.1020* 10.0554* 10.0778* 10.0688* 10.0581* 10.0507* 10.0111*Daily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 10.0067* 10.0054* 10.0083* 10.0052* 10.0071* - 10.0055* - 10.0062* - 10.0554* - - - - 10.0111*Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -

4.2 NAV at the end of the period/ maturity/ final redemption date (`)Growth Option 10.6490 10.5856 10.3886 10.5436 10.4742 10.1703 10.4247 10.1793 10.4169 10.1781 10.3847 10.1809 10.1917 10.0683 10.0727 10.3354Dividend Option 10.6490 10.5856 10.3886 10.5436 10.4742 10.0000 10.4247 10.0000 10.4169 10.0000 10.3847 10.0000 10.0000 10.0000 10.0000 10.3354Daily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 10.0140 10.0157 10.0344 10.0296 10.0165 - 10.0305 - 10.0287 - 10.0384 - - - - 10.0452

Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -

4.3 Dividend paid per Unit during the half-year (`)Individual & HUFDaily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option - - - - - 0.1496 - 0.1575 - 0.1564 - 0.1589 0.1684 0.0600 0.0639 -Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 0.3129 0.3127 0.1578 0.3095 0.2956 - 0.2759 - 0.2814 - 0.3006 - - - - 0.2523Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -OthersDaily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option - - - - - 0.1394 - 0.1468 - 0.1458 - 0.1481 0.1569 0.0559 0.0595 -Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 0.2916 0.2913 0.1471 0.2885 0.2755 - 0.2571 - 0.2622 - 0.2801 - - - - 0.2352Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -

Income5.1 Dividend - - - - - - - - - - - - - - - -5.2 Interest 1.88 0.52 3.60 0.54 8.01 0.68 6.41 0.87 1.48 4.52 9.63 3.34 3.50 0.45 1.59 8.655.3 Profit/ (Loss) on sale/ redemption of investments

(other than inter-scheme transfer/ sale) (0.04) (0.04) - (0.03) (#) (0.08) (0.11) - - - (0.09) # - - (0.08) -5.4 Profit/ (Loss) on inter-scheme transfer/ sale of investments 0.37 (0.01) (0.01) 0.08 (0.35) - (#) - - (#) (0.15) (#) - - - -5.5 Other Income - - - - - - - - - - - - - - - -5.6 Total Income (5.1 to 5.5) 2.21 0.47 3.58 0.59 7.65 0.60 6.30 0.87 1.48 4.52 9.38 3.34 3.50 0.45 1.51 8.65

Expenses6.1 Management Fees 0.18 0.02 0.24 0.01 0.12 0.08 0.28 0.03 - 0.30 0.55 0.23 0.16 0.06 0.07 0.226.2 Trustee Fees # # # # 0.01 # 0.01 # # 0.01 0.01 # # # # 0.016.3 Total Recurring Expenses (including 6.1 to 6.2) 0.20 0.03 0.26 0.02 0.16 0.08 0.32 0.05 0.01 0.36 0.61 0.27 0.22 0.08 0.08 0.276.4 Percentage of Management Fees

to average daily net assets (annualised) 0.61 0.25 0.54 0.10 0.11 0.79 0.33 0.22 - 0.45 0.45 0.50 0.33 0.80 0.27 0.206.5 Total Recurring Expenses as a percentage

of average daily net assets (annualised) 0.68 0.38 0.60 0.19 0.16 0.78 0.38 0.34 0.05 0.55 0.50 0.58 0.46 1.18 0.35 0.25

7.1 Returns during the half-year (absolute) ((+) (-)) (%)##[Others] 3.67 3.69 2.06 3.80 3.49 0.24 3.42 0.59 3.46 0.75 3.27 1.02 1.22 0.10 0.22 3.24

[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$7.2 Compounded annualised yield in case of schemes inexistence for more than one year##(a) last one year (%)

[Others] 6.48 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(b) last three years (%)

[Others] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(c) last five years (%)


[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(d) since launch of the scheme (%)

[Others] 6.49 5.86 3.89 5.44 4.74 1.70 4.25 1.79 4.17 1.78 3.85 1.81 1.92 0.68 0.73 3.35[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(e) date of launch 31-Mar-10 30-Apr-10 7-May-10 12-May-10 22-Jun-10 7-Jul-10 7-Jul-10 23-Jul-10 23-Jul-10 4-Aug-10 16-Aug-10 18-Aug-10 26-Aug-10 2-Sep-10 6-Sep-10 15-Sep-10

7.3 Benchmark returns^ during the half-year (absolute) (%) 2.76 2.76 2.76 2.76 2.76 0.24 2.76 0.56 2.76 0.74 2.76 1.00 1.15 0.12 0.20 2.767.4 Benchmark returns^ - compounded annualised

(a) last one year (%) 5.12 NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(b) last three years (%) NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(c) last five years (%) NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(d) since launch of the scheme (%) 5.12 4.42 4.33 4.32 3.84 1.54 3.65 1.62 3.56 1.62 3.44 1.67 1.69 0.55 0.57 2.99

8 Provision for doubtful income / debts Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil

9 Payments to associate / group companiesHDFC Bank Limited$$$Bank Charges - - - - - - - - - - - - - - - -Custody Charges # # # # 0.01 # 0.01 # # 0.01 0.01 # # # # 0.01Commission on distribution of Units - - - - - # - # - # - # # # # -HDFC Asset Management Company Limited $Investment Management and Advisory Fees 0.18 0.02 0.24 0.01 0.12 0.08 0.28 0.03 - 0.30 0.55 0.23 0.16 0.06 0.07 0.22Service Tax on Investment Management & Advisory Fees 0.02 # 0.02 # 0.01 0.01 0.03 # - 0.03 0.06 0.02 0.02 0.01 0.01 0.02HDFC Trustee Company Limited$Trustee Fees # # # # 0.01 # 0.01 # # 0.01 0.01 # # # # 0.01Service Tax on Trustee Fees # # # # # # # # # # # # # # # #Computer Age Management Services Pvt. Limited$$$Registrar and Transfer Agent Fees # # # # 0.01 # 0.01 # # 0.01 0.01 0.01 0.01 0.01 0.01 0.01HDFC Sales Private Limited $$$Commission on distribution of Units - - - - - - - - - - - - - - - -GRUH Finance Limited$Commission on distribution of Units - - - - - - - - - - - - - - - -HDFC Investments Limited$Commission on distribution of Units - - - - - - - - - - - - - - - -Housing Development Finance Corporation Limited @Commission on distribution of Units! - - - - - - - - - - - - - - - -


Period

Scheme Code^

^For Scheme Codes, Scheme Name & Benchmark Indices, please refer note no. 13 in Notes section. (NA$) - Not Applicable, (NA) Not Available, # Less than `0.01 Crore, (#) Less than ` (0.01) Crore, (##) Returns are computed based on NAV of Growth Option , wherever applicable. For calculatingreturns since inception, NAV on allotment is taken at `10/- per unit except in c ase of plans under HDFC Index Fund where the NAV on the date of allotment is taken at `32.161 for Sensex Plan / Sensex Plus Plan and `10.326 for Nifty Plan and HDFC Liquid Fund - Premium Plan and Premium Plus Plan whereNAV on allotment is taken as `11.9684 and HDFC Gold Exchange Traded Fund where the NAV on the date of allotment is taken as `1800.3288.**For the purpose of calculation of returns, all dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvestedin the units of the scheme at the the n prevailing NAV (ex-dividend NAV). Returns less than 1 year period are absolute. Returns equal to or greater than 1 year period are compounded annualized (CAGR). The launch date is deemed to be the date of allotment. Past performance may or may not be sustainedin the future. ($) Group Company of Sponsor, (@) Sponsor, ($$$) Associate. (*) Opening NAV is for 29th Sep 2010 as 30th Sep 2010 was a non-business day for Debt Funds.(+ ) Date of Maturity. (!) Pursuant to SEBI directives, no payment of commission has been made in respect of investments made bythe Sponsor of the Mutual Fund.


5/11







S EP 25 M H MS EP 35 D H MS EP 10 0 H MS EP 10 2 S EP1 03 10 S EP 10 41 0 S EP 35 21 0 S EP 35 31 0 S EP3 72 10 S EP 10 51 0 O CT1 00 10 O CT 10 21 0 O CT 35 11 0 O CT 10 31 0 N OV 37 01 0 N OV 35 11 0

01/10/2010 01/10/2010 01/10/2010 01/10/2010 04/10/2010 ~07/10/2010 ~08/10/2010 ~13/10/2010 ~15/10/2010 ~18/10/2010 ~22/10/2010 ~27/10/2010 ~02/11/2010 ~03/11/2010 ~04/11/2010 ~12/11/2010to to to to to to to to to to to to to to to to

31/03/2011 20/10/2010+ 28/12/2010+ 28/12/2010+ 11/01/2011+ 14/01/2011+ 11/11/2010+ 16/11/2010+ 31/03/2011 25/01/2011+ 31/01/2011+ 03/02/2011+ 06/12/2010+ 10/02/2011+ 31/03/2011 16/12/2010+1.1 Unit Capital at the beginning of the half-year period 63.55 360.02 445.57 204.29 - - - - - - - - - - - -1.2 Unit Capital at the end of the period 63.55 - - - - - - - 352.57 - - - - - 555.28 -

2 Reserves and Surplus 1.63 - - - - - - - 10.51 - - - - - 15.23 -

3.1 Total Net Assets at the beginning of the half-year period 63.70 361.43 447.05 204.83 - - - - - - - - - - - -3.2 Total Net Assets at the end of the period 65.18 - - - - - - - 363.08 - - - - - 570.51 -

4.1 NAV at the beginning of the half year period (`)Growth Option 10.0209* 10.0375* 10.0307* 10.0238* - - - - - - - - - - - -Dividend Option 10.0209* 10.0375* 10.0307* 10.0238* - - - - - - - - - - - -Daily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 10.0209* - - - - - - - - - - - - - - -Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -

4.2 NAV at the end of the period/ maturity/ final redemption date (`)Growth Option 10.2671 10.0726 10.2052 10.1991 10.2103 10.1946 10.0650 10.0645 10.3002 10.2033 10.2131 10.2095 10.0689 10.2108 10.2748 10.0748Dividend Option 10.2671 10.0000 10.0000 10.0000 10.0000 10.0000 10.0000 10.0000 10.3002 10.0000 10.0000 10.0000 10.0000 10.0000 10.2748 10.0000Daily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 10.0316 - - - - - - - 10.0530 - - - - - 10.0605 -

Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option - Growth Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option - Growth Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -

4.3 Dividend paid per Unit during the half-year (`)Individual & HUFDaily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option - 0.0638 0.1803 0.1749 0.1847 0.1709 0.0571 0.0567 - 0.1786 0.1872 0.1840 0.0605 0.1852 - 0.0657Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 0.2064 - - - - - - - 0.2161 - - - - - 0.1872 -Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -OthersDaily Dividend Reinvestment Option - - - - - - - - - - - - - - - -Weekly Dividend Option - - - - - - - - - - - - - - - -Dividend Option - 0.0594 0.1680 0.1630 0.1722 0.1593 0.0532 0.0528 - 0.1664 0.1745 0.1715 0.0564 0.1726 - 0.0612Dividend Option (Monthly) - - - - - - - - - - - - - - - -Dividend Option (Quarterly) 0.1923 - - - - - - - 0.2014 - - - - - 0.1745 -Dividend Option (Half Yearly) - - - - - - - - - - - - - - - -Dividend Option (Yearly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Wholesale Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Daily Dividend Option - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Weekly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Monthly) - - - - - - - - - - - - - - - -Retail Plan/Option- Dividend Option (Quarterly) - - - - - - - - - - - - - - - -

Income5.1 Dividend - - - - - - - - - - - - - - - -5.2 Interest 2.76 1.33 8.01 3.64 2.25 2.23 0.76 0.98 11.11 5.43 6.19 1.53 3.70 4.29 19.74 2.675.3 Profit/ (Loss) on sale/ redemption of investments

(other than inter-scheme transfer/ sale) - - - - (0.05) - - (#) (0.01) # # (#) # - 0.03 0.095.4 Profit/ (Loss) on inter-scheme transfer/ sale of investments - - (#) - # (#) - - (0.28) (#) 0.02 (#) # (#) (1.53) -5.5 Other Income (#) - - - - - - - - - - - - - - -5.6 Total Income (5.1 to 5.5) 2.76 1.33 8.01 3.64 2.20 2.23 0.76 0.98 10.82 5.43 6.21 1.52 3.70 4.29 18.24 2.76

Expenses6.1 Management Fees 0.13 0.10 0.25 0.06 # 0.01 - 0.03 0.35 0.27 0.12 0.01 0.05 0.04 0.13 0.026.2 Trustee Fees # # 0.01 0.01 # # # # 0.02 0.01 0.01 # 0.01 0.01 0.02 #6.3 Total Recurring Expenses (including 6.1 to 6.2) 0.16 0.13 0.34 0.11 0.02 0.04 0.01 0.05 0.45 0.36 0.20 0.03 0.08 0.09 0.23 0.056.4 Percentage of Management Fees

to average daily net assets (annualised) 0.41 0.52 0.23 0.12 0.01 0.04 - 0.24 0.22 0.39 0.15 0.04 0.10 0.06 0.06 0.076.5 Total Recurring Expenses as a percentage

of average daily net assets (annualised) 0.50 0.63 0.31 0.22 0.07 0.14 0.05 0.35 0.28 0.52 0.25 0.16 0.17 0.16 0.10 0.15

7.1 Returns during the half-year (absolute) ((+) (-)) (%)##[Others] 2.46 0.35 1.74 1.75 2.10 1.95 0.65 0.65 3.00 2.03 2.13 2.10 0.69 2.11 2.75 0.75

[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$7.2 Compounded annualised yield in case of schemes inexistence for more than one year##(a) last one year (%)


[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(b) last three years (%)


[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(c) last five years (%)


[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(d) since launch of the scheme (%)

[Others] 2.67 0.73 2.05 1.99 2.10 1.95 0.65 0.65 3.00 2.03 2.13 2.10 0.69 2.11 2.75 0.75[Wholesale] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$

[Retail] NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(e) date of launch 16-Sep-10 16-Sep-10 20-Sep-10 20-Sep-10 4-Oct-10 7-Oct-10 8-Oct-10 13-Oct-10 15-Oct-10 18-Oct-10 22-Oct-10 27-Oct-10 2-Nov-10 3-Nov-10 4-Nov-10 12-Nov-10

7.3 Benchmark returns^ during the half-year (absolute) (%) 2.76 0.34 1.66 1.66 1.87 1.88 0.59 0.60 2.63 1.93 1.98 1.95 0.62 1.97 2.31 0.657.4 Benchmark returns^ - compounded annualised

(a) last one year (%) NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(b) last three years (%) NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(c) last five years (%) NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$ NA$(d) since launch of the scheme (%) 2.98 0.56 1.81 1.81 1.87 1.88 0.59 0.60 2.63 1.93 1.98 1.95 0.62 1.97 2.31 0.65

8 Provision for doubtful income / debts Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil

9 Payments to associate / group companiesHDFC Bank Limited$$$Bank Charges - - - - - - - - - - - - - - - -Custody Charges # # 0.01 # # # # # 0.01 # # # # # 0.01 #Commission on distribution of Units - # # # # # # # # # 0.01 # # # 0.15 #HDFC Asset Management Company Limited $Investment Management and Advisory Fees 0.13 0.10 0.25 0.06 # 0.01 - 0.03 0.35 0.27 0.12 0.01 0.05 0.04 0.13 0.02Service Tax on Investment Management & Advisory Fees 0.01 0.01 0.03 0.01 # # - # 0.04 0.03 0.01 # 0.01 # 0.01 #HDFC Trustee Company Limited$

Trustee Fees # # 0.01 0.01 # # # # 0.02 0.01 0.01 # 0.01 0.01 0.02 #Service Tax on Trustee Fees # # # # # # # # # # # # # # # #Computer Age Management Services Pvt. Limited$$$Registrar and Transfer Agent Fees # 0.01 0.01 0.01 # # # # 0.01 0.01 0.01 # 0.01 0.01 0.02 0.01HDFC Sales Private Limited $$$Commission on distribution of Units - - - - - - - - - - - - - - - -GRUH Finance Limited$Commission on distribution of Units - - - - - - - - - - - - - - - -HDFC Investments Limited$Commission on distribution of Units - - - - - - - - - - - - - - - -Housing Development Finance Corporation Limited @Commission on distribution of Units! - - - - - - - - - - - - - - - -


Period

Scheme Code^

^For Scheme Codes, Scheme Name & Benchmark Indices, please refer note no. 13 in Notes section. (NA$) - Not Applicable, (NA) Not Available, # Less than `0.01 Crore, (#) Less than ` (0.01) Crore, (##) Returns are computed based on NAV of Growth Option , wherever applicable. For calculatingreturns since inception, NAV on allotment is taken at `10/- per unit except in c ase of plans under HDFC Index Fund where the NAV on the date of allotment is taken at `32.161 for Sensex Plan / Sensex Plus Plan and `10.326 for Nifty Plan and HDFC Liquid Fund - Premium Plan and Premium Plus Plan whereNAV on allotment is taken as `11.9684 and HDFC Gold Exchange Traded Fund where the NAV on the date of allotment is taken as `1800.3288. **For the purpose of calculation of returns, all dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvestedin the units of the scheme at the the n prevailing NAV (ex-dividend NAV). Returns less than 1 year period are absolute. Returns equal to or greater than 1 ye ar period are compounded annualized (CAGR). The launch date is deemed to be the date of allotment . Past performance may or may not be sustainedin the future. ($) Group Company of Sponsor, (@) Sponsor, ($$$) Associate. (*) Opening NAV is for 29th Sep 2010 as 30th Sep 2010 was a non-business day for Debt Funds.(~ )Date of Allotment,(+)Date of Maturity. (!) Pursuant to SEBI directives, no payment of commission has been made in respect ofinvestments made by the Sponsor of the Mutual Fund


6/11







N O V 1 00 1 0 N O V 37 2 1 0 N O V 1 02 1 0 F E B 1 00 1 1 F E B 37 0 1 1 M A R 10 0 D 1 M A R 3 70 D 1 M A R 1 0 0 D2 M A R 35 D 11 M A R 37 0 D 2 M A R 1 8 2D 1 M A R 37 0 D 3 M A R 3 70 D 4 M A R 1 0 0 D3 M A R 3 5 D Y2 M A R 3 7 0 D5

~12/11/2010 ~24/11/2010 ~26/11/2010 ~01/03/2011 ~03/03/2

Documents

HDFC Balance Sheet 31 March 2011 29Apr