The contents of this Value Research Fund Card (the "Fund Card") published by Value Research India Private Limited are not intended to serve as professional adviceor guidance and the publisher takes no responsibility or liability, express or implied, whatsoever for any investment decisions made or taken by the readers of thisFund Card based on its contents thereof. You are strongly advised to verify the contents before taking any investment or other decision based on the contents of thisFund Card. The Fund Card is meant for general reading purposes only and is not meant to serve as a professional guide for investors. The readers of this Fund Cardshould exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment deci-sion or entering into any financial obligation based on any information, statement or opinion which is contained, provided or expressed in this Fund Card.

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Risk Grade –

Return Grade –

NAV –

Net Assets* –

Fundcard

ValueResearch w w w . v a l u e r e s e a r c h o n l i n e . c o m

* Quarterly Average

Not Rated

Not Rated

Not Rated

Rs. 1047.72 as on Apr 11, 2014

Indiabulls Gilt Fund

Rs. 17.7 crore as on Mar 31, 2014

Open-ended and Debt: Gilt Medium & Long Term

Volatility Measurements

Standard DeviationSharpe Ratio

Risk Analysis

% of Assets

Top Instrument Break-up

Trailing Returns (%)

Year-to-Date1-Week1-Month3-Month6-Month1-Year2-Year3-Year5-YearReturn less than 1-year are absolute and over 1 year are annualised

Return Rank

Fund Category Fund/Cat

Quarterly Returns (%)Q1 Q2 Q3 Q4 YearCompany Sector Instruments % Assets

Top Holdings

Total Securities

Avg Maturity (Yrs.)

Avg Maturity 52 W High (Yrs.)

Avg Maturity 52 W Low (Yrs.)

Avg Credit Rating

GOI Securities

AAA/P1+

AA

A and Below

Unrated

TBills

CDs/STD

Cash Equivalent

Net Recbl/Payable

Others

% of Assets

Credit Rating Break-up

Portfolio Characteristics

Returns as on

High Medium LowCredit QualityFUND STYLE

High M

edium Low

Interest Rate Sensitivity

NAV (Rs)

Total Return (%)

+/-

Rank (Fund/Category)

52 Week High (Rs)

52 Week Low (Rs)

Net Assets (Rs.Cr)

Expense Ratio (%)

Rating:Risk:Return:

History

Fund

(Rebased to 10,000)

Not Rated

38/89

Not RatedNot Rated

Indiabulls Gilt Fund

-0.30

--

90/92

NSE G-SecComposite

Fund Performance Vs

(%)

58/9421/96

-

0.00

0.200.090.610.86

--

9.30

89/92

Central Government LoanReverse Repo/CBLONet Receivables

4

-

-

1.260.47

5.65

22.2821.75

2004

-

-

-

-

-

-

-

-

21.7120.55

12.61

1.85

2.222.80

2014

1047.72

1.10

-

90/92

-

-

-

-

----1.58

2013

1036.35

-

-

-

1085.30

992.58

17.21

1.79

-1.48-4.756.10-

2012

-

-

-

-

-

-

-

-

-----

2011

-

-

-

-

-

-

-

-

-----

2010

-

-

-

-

-

-

-

-

-----

2009

--

-

-

-

-

-

-

2008

-

-

-

-

-

-

-

-

GOI

2007

-

-

-

-

-

-

-

-

GOI

2006

--

-

-

-

-

-

-

GOI

2005

--

-

-

-

-

-

-

GOIOthers

Central Government LoanCentral Government LoanCentral Government LoanCentral Government LoanNet Receivables

1.981.10

82/92

-

86.29

86.29

11.86

0.00

1.85

0.00

0.00

0.000.00

11.861.85

0.00

April 11, 2014, Portfolio related data as on February 28, 2014

1.380.11

-1.48

-

-0.69

--

Sovereign

-0.05

SovereignSovereignSovereignOthers

GOI/Cash

-0.83

0.55

20142013200020012002

---

ValueResearch w w w . v a l u e r e s e a r c h o n l i n e . c o m

Fund Objective & StrategyValue Research AnalysisBest Performance

AMC :

Website :

Registrar :

Launch :

Benchmark :

Plans (NAV) :

Min Investment (Rs.) :

Min SIP Investment (Rs.) :

Exit Load :

YEAR

NAV

QUARTER

MONTH

Worst Performance

YEAR

QUARTER

MONTH

All the graphs are rebased to 10,000

Portfolio Manager

Investment Information

Analysis not available The scheme aims to generateincome by investing insovereign securities issued bycentral government and stategovernment.

Karvy Computershare Pvt Ltd.1000

5000Indiabulls Asset Management Company Ltd.www.indiabullsmf.com

Nil

Crisil GiltJanuary 2013

Since Dec 2012Puneet Srivastava

Bonus (-) , Dividend Fortnightly (982.32) , Dividend Monthly (982.39) , Dividend Weekly (983.83) , Growth (1047.72)

20000

17500

15000

12500

10000

Volatility Measurements

Standard Deviation 0.13

Sharpe Ratio 23.87

Risk Analysis

% of Assets

Certificate of Deposit 63.64

Cash/Net Current Assets 13.85

Commercial Paper 8.25

Debenture 8.19

Structured Obligation 5.67

Treasury Bills 0.40

Top Instrument Break-up

Trailing Returns (%)

Year-to-Date 8.99 8.31 9/46 20.78 7.731-Week 0.16 0.14 22/51 2.78 -0.661-Month 0.70 0.64 20/51 9.97 0.303-Month 2.24 1.98 29/51 21.78 2.036-Month 4.62 4.17 15/48 26.28 4.081-Year 8.99 8.31 9/46 20.78 7.732-Year 8.60 7.92 5/42 12.77 7.803-Year 7.96 7.40 5/35 8.61 7.255-Year 6.78 6.33 4/32 5.13 6.43Return less than 1-year are absolute and over 1 year are annualised

Return Rank NSE NSE

Fund Category Fund/Cat G-Sec T-Bill

Quarterly Returns (%)

2008 2.04 2.09 2.33 2.24 8.992007 2.03 2.05 1.85 2.03 8.202006 1.47 1.61 1.67 1.81 6.712005 1.26 1.33 1.35 1.36 5.412004 1.13 1.12 1.12 1.22 4.66

Q1 Q2 Q3 Q4 YearCompany Sector Instruments % Assets

Top Holdings

112

Total Securities 46

Avg Maturity (Yrs.) 0.28

Avg Maturity 52 W High (Yrs.) 0.41

Avg Maturity 52 W Low (Yrs.) 0.27

Avg Credit Rating AA

GOI Securities 0.00

AAA/P1+ 80.09

AA 3.77

A and Below 0.00

Unrated 1.89

TBills 0.40

CDs/STD 0.00

Cash Equivalent 13.85

Net Recbl/Payable 0.00

Others 0.00

% of Assets

Credit Rating Break-up

Portfolio Characteristics

Returns as on 31st December 2008, Portfolio-related data as on 30th November 2008

ICICI Bank Financial Certificate of Deposit 13.51Canara Bank Financial Certificate of Deposit 8.19Vijaya Bank Financial Certificate of Deposit 8.18Axis Bank Financial Certificate of Deposit 4.58Reliance Capital Financial Commercial Paper 4.53Corporation Bank Financial Certificate of Deposit 2.83State Bank of Mysore Financial Certificate of Deposit 2.80IDBI Bank Financial Certificate of Deposit 2.77Oriental Bank Financial Certificate of Deposit 2.58Yes Bank Financial Certificate of Deposit 2.35Kotak Mahindra Bank Financial Certificate of Deposit 2.03ABN-Amro Bank NV Financial Certificate of Deposit 2.02State Bank of Bikaner Financial Certificate of Deposit 2.00Idea Cellular Communication Structured Obligation 1.93Carol Info Services Health Care Debenture 1.89State Bank of Hyderabad Financial Certificate of Deposit 1.62Sundaram Finance Financial Debenture 1.50Federal Bank Financial Certificate of Deposit 1.40State Bank of Travancore Financial Certificate of Deposit 1.40Gitanjali Trading & Invest. Corp. Services Structured Obligation 1.32IDBI Bank Financial Debenture 1.26Dr. Reddy's Holdings Financial Commercial Paper 1.22SBI Factors & Commercial Ser Financial Commercial Paper 1.22HDFC Financial Debenture 1.18Punjab National Bank Financial Certificate of Deposit 1.01

High Medium LowCredit QualityFUND STYLE

High M

edium Low

Interest Rate Sensitivity

HDFC Cash Management Fund - Savings Plan

Fund Performance Vs Ultra Short-term Bond Index

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

NAV (Rs) - 10.10 10.59 11.52 12.34 13.01 13.62 14.35 15.32 16.57 18.06

Total Return (%) - - 9.53 8.80 7.17 5.40 4.66 5.41 6.71 8.20 8.99

+/-NSE T Bill (%) - - - -0.19 0.72 -0.04 0.02 -0.37 0.57 0.33 1.26

Rank (Fund/Category) - - 9/17 7/26 10/28 10/39 6/36 8/35 3/36 3/42 9/46

52 Week High (Rs) - - 10.59 11.52 12.34 13.01 13.62 14.35 15.32 16.57 18.06

52 Week Low (Rs) - - 10.03 10.59 11.52 12.34 13.01 13.62 14.36 15.33 16.58

Net Assets (Rs.Cr) - - 203.94 707.77 315.12 1001.45 2195.93 1828.07 4769.91 2789.31 2463.22

Expense Ratio (%) - - - 0.49 0.70 0.58 0.52 0.45 0.34 0.58 0.57

Rating:Risk: Below AverageReturn: Above Average

History

FundUltra ST Bond

(Rebased to 10,000)

How to Read the Fundcard - Debt

Value Research Rating, Risk and ReturnFund Rating — The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that a fund has generated over the previous eight-een months, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.Risk Grade — A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past eighteen months. This grade is rel-ative to other fund of the same type.Returns Grade — A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

HistoryData on the fund’s performancesince its launch.

NAV (Year End) — The lastNAV of each year.Total Return — The percent-age returns that an investorwould have got over theyear.+/- — In the given year, acomparison of the fund’sreturns with that of a compa-rable indexRank — The fund’s perform-ance rank within its categoryfor the year and the totalnumber of funds out ofwhich it has been ranked.52-Week NAV Range — Thehighest and the lowest NAVthat the fund recorded dur-ing that yearNet Assets — The totalamount of investor’s assetsthat the fund was managingat the end of the year.Expense Ratio — The per-centage of the average dailyassets that the fund chargedas its management expens-es during the year.

Trailing Returns (%)Performance data for various stan-dard periods. All returns are in per-centage. Periods greater than ayear are annualised, shorter peri-ods are not.

Fund — The fund’s ownreturns.Category — The averagereturns for all funds in the cate-gory.Rank — The funds rank, out ofthe total number of funds in thecategoryIndex — The returns of twocomparable indices.

Quarterly Returns (%)The funds’ returns over each quar-ter of the last five years, along withthe entire year’s returns.

Fund Performance Vs IndexGraph of how an investors’ moneywould have grown in the fund sinceits launch. A similar graph of thefund’s benchmark index is alsogiven. For ease of comparison,both have been adjusted to start at10,000.

Risk AnalysisA range of statistical measures thatcan be used to evaluate the per-formance, risk, and return of amutual fund.

Portfolio CharactersticsAggregate measures of thefund’s investments. The averagematurity of the fund’s portfolio,as well as the high and the lowthat this average maturity has hitduring the past 52 weeks aregiven. Also given is the averagecredit rating of the portfolio.

Fund StyleA nine-cell matrix of the overall styleof investment that the fund follows,based on its latest portfolio. On thevertical axis, the three steps denotethe weighted average maturity of theportfolio. The horizontal axisdenotes, on a weighted averagebasis, credit quality of the portfolio.

Credit RatingBreak-upThe proportion ofthe portfolio that isinvested in instru-ments of differentcredit quality.

Top InstrumentBreak-upThe proportion ofthe fund’s hold-ings that are heldin different types iffixed-incomeinstruments.

Top HoldingsA detailed report on the latestinvestment portfolio that the fundis holding. For each security, theissuer, the sector, and the type ofinstrument are given. Also statedis the percentage of the fund’sinvestments that are invested inthat security. For MIP funds, data on theirequity holdings, if any, is alsogiven. For each stock, the sector,the P/E ratio and the year’sreturns are given.