Life Investment Report Jan 10

8/8/2019 Life Investment Report Jan 10

1/42


2/42


3/42


4/42


5/42


6/42

5

InstrumentPORTFOLIO

Industry % of NAV

Life AggressiveGrowth Fund

PERFORMANCE - LIFE AGGRESSIVE GROWTH FUND (NAV [in Rs.] as on 29-Jan-10 is 14.3130)

Note: The investment income and prices may go down as well as up. Since Inception period returns are calculated as per CAGR.

% to NAVSectorSECTOR STRATEGY

Banking Services 12.60Computer Software 6.59Refinery 5.42Cigarettes 3.42Housing Finance Services 3.33Industrial Contracts &Turnkey Projects 2.85Prime Movers 2.40Drug Formulations 2.28Cellular Mobile Phone Service 2.20Petroleum Oil 1.97Construction Of Roads, Bridges, Tunnels Etc. 1.94Diversified 1.91Copper & Copper Products 1.65Finished Steel 1.59Motors & Generators 1.56Thermal Electricity 1.38Weaving, Manufacturing Of Man-Made Fiber 1.18Heavy Commercial Vehicles 1.11Storage Batteries 1.07Utility Vehicles Including Jeeps 1.01Ethyl Alcohol (Strength Less Than 80) 0.98Service Activities Incidental ToOil&GasExtra 0.89

Investment Objective:

NAV Calculation:

Tax Benefits:

Fund Manager:

To maximise the return while investing in a mix of Equity & Fixed-Income Investments. The fund will maintaina medium to high risk profile. The Equity investments will be in a range of 50% - 80% of the fund.

Daily

Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Also, any sumreceived under this plan is exempt from tax under Section 10(10D) of the Income Tax Act, 1961 and are subject to amendments madetherein from time to time.

Mr. Saravana Kumar

% to NAVSectorCoal Based Thermal Electricity 0.89Cosmetics/Soaps/Toiletries/Detergents 0.88Paints & Varnishes 0.86Construction - Civil / Turnkey - Large 0.73Lng Storage And Distribution 0.73Motorcycles 0.70Material Handling Equipments 0.60AllIndia Development Institutions (Dfis) 0.54Switching Apparatus 0.53Other Fertilisers 0.47Finance Related Allied Activities 0.45Construction/Erection andMaintenance of Power 0.43Steam Boilers 0.24Switchgears 0.19Transformers 0.15Edible Oils 0.04Mobile Cranes 0.03Entertainment 0.02Corporate Bonds 26.98Cash Bank & Others 5.24Total 100.00

% to NAVASSET ALLOCATIONEquity 67.78Corporate Bonds 26.98Cash Bank & Others 5.24NET ASSETS 100.00

PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 14.8250 -3.45% -3.92%Last 3 Months 30-Oct-09 13.9270 2.77% 2.50%Last 6 Months 31-Jul-09 13.5320 5.77% 3.58%Last 1 Year 30-Jan-09 9.7710 46.48% 49.46%Since Inception 01-Jul-06 10.0000 10.52% 10.58%

ASSET ALLOCATION

SECTOR-WISE BREAK-UP

Equity 67.78Reliance Industries Ltd Refinery 5.42Infosys Technologies Ltd Computer Software 3.94ITC Ltd Cigarettes 3.42ICICI Bank Ltd Banking Services 3.31Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 2.84HDFC Bank Banking Services 2.79Bharat Heavy Electricals Ltd Prime Movers 2.40HDFC Ltd Housing Finance Services 2.37

Bharti Airtel Ltd Cellular Mobile Phone Service 2.20State Bank Of India Banking Services 2.13Oil & Natural Gas Corp Ltd Petroleum Oil 1.97Sterlite Industries (India) Ltd Copper & Copper Products 1.65Tata Steel Ltd Finished Steel 1.59Crompton Greaves Ltd Motors & Generators 1.56Axis Bank Ltd Banking Services 1.55Bank Of Baroda Banking Services 1.39Mphasis Ltd Computer software 1.35Wipro Ltd Computer Software 1.29Sintex Industries Ltd Diversified 1.28Aditya Birla Nuvo Ltd Weaving, Manufacturing Of Man-Made Fiber 1.18Tata Motors Ltd Heavy Commercial Vehicles 1.11Exide Industries Ltd Storage Batteries 1.07IVRCL Infrastructures & Projects Ltd Construction Of Roads, Bridges, Tunnels Etc. 1.04Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 1.01United Spirits Ltd Ethyl Alcohol (Strength Less Than 80%) 0.98LIC Housing Finance Ltd Housing Finance Services 0.95

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.90Oil India Ltd Service Activities Incidental To Oil And Gas Extra 0.89Cesc Ltd Coal Based Thermal Electricity 0.89Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 0.88Asian Paints (India) Ltd Paints & Varnishes 0.86Tata Power Co Ltd Thermal Electricity 0.78Gammon India Ltd Construction - Civil / Turnkey - Large 0.73Gujarat State Petronet Ltd Lng Storage And Distribution 0.73Cipla Ltd Drug Formulations 0.72Punjab National Bank Banking Services 0.72ING Vysya Bank Ltd Banking services 0.71Bajaj Auto Ltd - New Shs Motorcycles 0.70Voltas Limited Diversified 0.63NTPC Ltd Thermal Electricity 0.60Sun Pharmaceutical Industries Ltd Drug Formulations 0.59Rural Electri fication Corporation Ltd All India Development Ins ti tu tions (Dfis) 0 .54Dishman Pharmaceuticals & Chemicals Ltd Drug Formulations 0.51Tata Chemicals Ltd Other Fertilisers 0.47Infrastructure Dev Fin Co Ltd Finance Related Allied Activities 0.45Simplex Infrastructures Ltd Construction/Erection and Maintenance of Power 0.43Mcnally Bharat Engineering Co Ltd Material Handling Equipments 0.41Areva T&D India Ltd Switching Apparatus 0.27Piramal Healthcare Limited Drug Formulations 0.27Siemens India Ltd Switching Apparatus 0.25Thermax Limited Steam Boilers 0.24Glenmark Pharmaceuticals Ltd Drug Formulations 0.19ABB Ltd Switchgears 0.19Elecon Engineering Co Ltd Material Handling Equipments 0.18Emco Ltd Transformers 0.15Marico Ltd Edible Oils 0.04Action Construction Equipments Ltd Mobile Cranes 0.03DB Corp Ltd Entertainment 0.02Alstom Projects India Ltd Industrial Contracts & Turnkey Projects 0.01Corporate Bonds 26.982.00% Tata Motors Ltd 2014 AAA 4.599.35% ILFS 2010 AAA 2.8511.25% PFC 2018 AAA 2.30

8.40% Exim Bank 2010 AAA 2.2210.25% HDFC Ltd. 2012 AAA 2.137.65% RECL 2016 AAA 1.919.50% HDFC Ltd. 2013 AAA 1.688.60% PFC 2014 AAA 1.618.40% HDFC 2014 AAA 1.6010.9% Rural Elect Corp. 2013 AAA 1.409.45% REC 2013 AAA 1.269.80% PFC 2012 AAA 0.846.90% PFC Ltd. 2012 AAA 0.8010.60% IRFC 2018 AAA 0.676.84%HDFC 2011 AAA 0.60Citifin Cons Fin I Ltd Nsembr+300Bps AA+ 0.409.68% IRFC 2008 AAA 0.12Cash Bank & Others 5.24Net Assets 100.00

Investment Report January, 2010

Equity Corporate Bonds Cash, Bank & Others

67.78%

26.98%

5.24%

5.24%26.98%

0.02%0.03%

0.73%

1.56%1.59%1.65%

1.91%1.94%

1.38%

1.18%1.11%

1.07%1.01%

0.98%

0.89%0.89%

0.88%0.86%

0.73%1.97% 2.20%

2.40%

2.28%

3.33%

2.85%

3.42%

5.42%

6.59%

12.60%

0.70%

0.04%0.15%0.19%

0.24%0.43%

0.53%

0.45%0.47%

0.54%

0.60%

Banking Services Computer SoftwareRefinery CigarettesH ou si ng F in an ce S er vi ce s I nd us tr ia l Co nt ra ct s & T ur nk ey P ro je ct sPrime Movers Drug FormulationsC el lu la r Mo bi le P ho ne S er vi ce P et ro le um O ilConstruction OfRoads,Bridges,TunnelsEtc. DiversifiedC op pe r& Co pp er Pro du ct s F in is he d St ee lMotors & Generators Thermal ElectricityWeaving,Manufacturing OfMan-Made Fiber Heavy Commercial VehiclesS to ra ge Ba tt er ie s U ti li ty Ve hi cl es In cl ud in g J ee psEthyl Alcohol (Strength Less Than 80%) Service ActivitiesIncidental To Oil And GasExtraC o al B as e d Th e rm a l E l ec t ri c it y C o sm e ti c s/ S oa p s/ To i le t ri e s /D e te rge n tsP ai nt s & Va rn is he s C on st ru ct io n -Ci vi l / Tu rn ke y- La rg eL ng St or ag e A nd Di st ri bu ti on M ot or cy cl esM a te r ia l H a nd l in g E q ui p me n ts A l l I n di a D e ve l op m en t I n st i tu t io n s ( Df i s)Swi tching Apparatus Other FertilisersF i na n ce R e l at e d A ll i ed A c t iv i t ie s C o ns t ru c ti o n/ E re c ti o n a nd M a i nt e na n c e o f Po w er Steam Boilers SwitchgearsTransformers Edible OilsMobile Cranes EntertainmentCorporate Bonds Cash Bank & Others


7/42


Life StableGrowth Fund


PERFORMANCE - LIFE STABLE GROWTH FUND (NAV [in Rs.] as on 29-Jan-10 is 14.1150)

% to NAVSectorSECTOR STRATEGY

Banking Services 7.98Computer Software 2.97Refinery 2.84Cigarettes 2.00Housing Finance Services 1.66Cellular Mobile Phone Service 1.50Industrial Contracts &Turnkey Projects 1.46Drug Formulations 1.34Construction Of Roads, Bridges, Tunnels Etc. 1.22Petroleum Oil 1.18Motors & Generators 1.06Storage Batteries 0.97Diversified 0.88Prime Movers 0.84Paints & Varnishes 0.80Copper & Copper Products 0.65Finished Steel 0.59Weaving, Manufacturing Of Man-Made Fiber 0.59Ethyl Alcohol (Strength Less Than 80) 0.54Media-Broadcasting 0.49


NAV Calculation:

Tax Benefits:

Fund Manager:

To provide reasonable returns by investing in a mix of Equity and Fixed-Income instruments. The fund willmaintain low to medium risk profile with the equity investments ranging from 30% - 50% of the fund.

Daily


Mr. Saravana Kumar

Equity 35.22Reliance Industries Ltd Refinery 2.84ITC Ltd Cigarettes 2.00Infosys Technologies Ltd Computer Software 1.89HDFC Bank Banking Services 1.81ICICI Bank Ltd Banking Services 1.73Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 1.36State Bank Of India Banking Services 1.25Bharti Airtel Ltd Cellular Mobile Phone Service 1.20Oil & Natural Gas Corp Ltd Petroleum Oil 1.18Axis Bank Ltd Banking Services 1.07Crompton Greaves Ltd Motors & Generators 1.06HDFC Ltd Housing Finance Services 0.99Exide Industries Ltd Storage Batteries 0.97Bharat Heavy Electricals Ltd Prime Movers 0.84Asian Paints (India) Ltd Paints & Varnishes 0.80Bank Of Baroda Banking Services 0.80Sintex Industries Ltd Diversified 0.70Wipro Ltd Computer Software 0.68LIC Housing Finance Ltd Housing Finance Services 0.67Cipla Ltd Drug Formulations 0.66Sterlite Industries (India) Ltd Copper & Copper Products 0.65Ivrcl Inf rast ructures & Projects Ltd Construct ion Of Roads, Br idges, Tunnels Etc. 0 .64Tata Steel Ltd Finished Steel 0.59Aditya Birla Nuvo Ltd Weaving, Manufacturing Of Man-Made Fiber 0.59

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.57Oriental Bank Of Commerce Banking Services 0.55United Spirits Ltd Ethyl Alcohol (Strength Less Than 80%) 0.54Cesc Ltd Coal Based Thermal Electricity 0.47Zee News Ltd Media-Broadcasting 0.46Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 0.42Punjab National Bank Banking Services 0.41Patni Computer Systems Ltd Computer Software 0.40Punj Lloyd Ltd Civil Engineering 0.39Sun Pharmaceutical Industries Ltd Drug Formulations 0.36Simplex Infrastructures Ltd Construction/Erection and Maintenance of Power 0.36Union Bank Of India Banking Services 0.35Marico Ltd Edible Oils 0.34Tata Chemicals Ltd Other Fertilisers 0.31Reliance Communication Ltd Cellular Mobile Phone Service 0.30Infrastructure Dev Fin Co Ltd Finance Related Allied Activities 0.26Glenmark Pharmaceuticals Ltd Drug Formulations 0.21Gujarat State Petronet Ltd Lng Storage And Distribution 0.20Areva T&D India Ltd Switching Apparatus 0.19NTPC Ltd Thermal Electricity 0.19Voltas Limited Diversified 0.18Thermax Limited Steam Boilers 0.15Mcnally Bharat Engineering Co Ltd Material Handling Equipments 0.13Dishman Pharmaceuticals & Chemicals Ltd Drug Formulations 0.11Alstom Projects India Ltd Industrial Contracts & Turnkey Projects 0.10Action Construction Equipments Ltd Mobile Cranes 0.09DB Corp Ltd Entertainment 0.05Oil India Ltd Service Activities Incidental To Oil And Gas Extra 0.04Emco Ltd Transformers 0.04Television Eighteen India Ltd Media-Broadcasting 0.03Elecon Engineering Co Ltd Material Handling Equipments 0.03Corporate Bonds 49.1110.75% Reliance Ind 2018 AAA 7.829.45% REC 2013 AAA 7.3211.50% Rural Elect Corp. 2013 AAA 6.948.40% Exim Bank 2010 AAA 5.298.60% PFC Ltd 2014 AAA 5.2710.9% Rural Elect Corp. 2013 AAA 4.219.80% PFC 2012 AAA 3.679.05% IDFC 2010 AAA 2.839.50% HDFC MD 2013 AAA 2.202.00% Tata Motors Ltd 2014 AAA 1.82Citifin Cons Fin I Ltd Nsembr+300Bps AA+ 1.74Cash Bank & Others 15.67Net Assets 100.00

InstrumentPORTFOLIO

Industry % of NAV

% to NAVSectorCoa l Based Thermal Elec tri ci ty 0 .47Cosmetics/Soaps/Toiletries/Detergents 0.42CivilEngineering 0.39Construction/Erection andMaintenance of Power 0.36Edible Oils 0.34Other Fertilisers 0.31Finance Related Allied Activities 0.26Lng Storage And Distribution 0.20Switching Apparatus 0.19Thermal Electricity 0.19Mate ri al Handl ing Equ ipmen ts 0 .15Steam Boilers 0.15Mobile Cranes 0.09Entertainment 0.05Service Activities Incidental To Oil & Gas Extra 0.04Transformers 0.04Corporate Bonds 49.11Cash Bank & Others 15.67Total 100.00


% to NAVASSET ALLOCATIONEquity 35.22Corporate Bonds 49.11Cash Bank & Others 15.67Net Asset 100.00

ASSET ALLOCATION

6

PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 14.3080 -1.35% -2.20%Last 3 Months 30-Oct-09 13.8330 2.04% 2.21%Last 6 Months 31-Jul-09 13.5620 4.08% 3.01%Last 1 Year 30-Jan-09 10.8430 30.18% 32.24%Since Inception 01-Jul-06 10.0000 10.10% 8.97%

Equity Corporate Bonds Cash Bank & Others

35.22%15.67%

49.11%

15.67%

49.11%0.04%

0.20%

0.59%0.59% 0.65%

0.80%0.84%0.88%

0.97%1.06%

1.18% 1.22%1.34%

1.46%1.50%

1.66%2.00%

2.84%

0.49%

7.98%

2.97%

0.54%

0.47%

0.42%

0.39%

0.36%0.34%

0.31%

0.26%

0.19%

0.15%

0.15%

0.19%0.09%

Banking Services Computer SoftwareRefinery CigarettesH ou si ng Fi na nc e Se rv ic es C el lu la r Mo bi le P ho ne S er vi ceIndustrial Contracts & Turnkey Projects Drug FormulationsConstruction OfRoads,Bridges,Tunnels Etc. PetroleumOilMot ors & G ene ra to rs S tor ag e B at ter iesDiversified Prime MoversP ai nts & Var ni sh es C op pe r& Co pp er Pro du ctsF in is he d S te el W ea vi ng , Ma nu fa ct ur in g O f Ma n- Ma de F ib er Ethyl Alcohol (Strength Less Than 80%) Media-BroadcastingC o al B a se d T h e r ma l E l ec t ri c it y C o sm e ti c s/ S oa p s/ To i le t ri e s/ D et e rg e nt sC iv il E ng in ee ri ng C on st ru ct io n/ Er ec ti on a nd M ai nt en an ce o f Po we r Edible Oils Other FertilisersF i na n ce R e la t ed A l li e d Ac t iv i ti e s L n g St o ra g e A n d Di s tr i bu t io nS wi tc hi ng App ar at us Th er mal El ect ri ci tyM at er ia l H an dl in g E qu ip me nt s S te am B oi le rsMobile Cranes EntertainmentService Activities Incidental To Oil And Gas Extra TransformersCorporate Bonds Cash Bank & Others


8/42



NAV Calculation:

Tax Benefits:

Fund Manager:

The primary objective is to generate stable returns by investing in fixed income securities having maturitiesbetween 1 & 3 years.

Daily


Mr. Saravana Kumar


PERFORMANCE -(NAV [in Rs.] & CRISIL Short-Term Bond Index as on 29-Jan-10 is 12.6620 and 1620.4374 respectively)

LIFE SHORT-TERM FIXED INCOME FUND

ASSET ALLOCATIONRATING PROFILE

MATURITY PROFILE

PERIOD DATE NAV CRISIL Short-Term Bond Index NAV Change INDEX Change

Last 1 Month 31-Dec-09 12.5930 1612.5226 0.55% 0.49%

Last 3 Months 30-Oct-09 12.4730 1597.9520 1.52% 1.41%

Last 6 Months 31-Jul-09 12.3450 1585.1401 2.57% 2.23%

Last 1 Year 30-Jan-09 11.7460 1525.5280 7.80% 6.22%

Since Inception 01-Jul-06 10.0000 1241.9973 6.81% 7.70%

InstrumentPORTFOLIO

ASSET ALLOCATIONCorporate Bonds 73.72CD/CP's 5.39Cash Bank & Others 20.89Net Assets 100.00

RATING % to NAVAAA 73.72P1+ 5.39Cash Bank & Others 20.89Total 100.00

7

Life Short-Term Fixed Income Fund

% of NAVRating

% to NAV

Corporate Bonds 73.727.20% HDFC Ltd 2010 AAA 12.799.68% IRFC 2012 AAA 12.557.90% RECL 2012 AAA 10.437.35% HPCL 2012 AAA 7.959.45% LIC Housing 2012 AAA 7.496.84% HDFC Ltd 2011 AAA 6.379.68% IRFC 2010 AAA 4.048.40% Exim Bank 2010 AAA 4.036.90% PFC Ltd 2012 AAA 3.189.50% HDFC 2013 AAA 2.517.40% Infrastructure 2012 AAA 2.38CD/CP's 5.39Indian Oil Corp. 2010 - CP P1+ 5.39CASH BANK & OTHERS 20.89Cash Bank & Others 20.89Net Assets 100.00

Corporate Bonds CD/CP's Cash Bank & OthersAAA P1+ Cash Bank & Others

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

Less than 1 Year 1-3 Years 3-6 Years

5.39%

73.72%

20.89%20.89%

5.39%

73.72%


9/42



NAV Calculation:

Tax Benefits:

Fund Manager:

The primary objective of the fund is to maximise the returns with medium to high risk.

Daily


Mr. Saravana Kumar

8

Life Growth Maximiser Fund

PERFORMANCE - LIFE GROWTH MAXIMISER FUND (NAV [in Rs.] as on 29-Jan-10 is 9.0180)

% to NAVASSET ALLOCATION

Equity 52.42Corporate Bonds 10.60Cash Bank & Others 36.98NET ASSETS 100.00

PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 9.2540 -2.55% -3.79%Last 3 Months 30-Oct-09 8.7950 2.54% 2.96%Last 6 Months 31-Jul-09 8.5520 5.45% 4.17%Last 1 Year 30-Jan-09 6.3130 42.85% 47.03%Since Inception 15-Oct-07 10.0000 -4.41% -1.79%

% of NAV


InstrumentPORTFOLIO

IndustryEquity 52.42Reliance Industries Ltd Refinery 4.33ICICI Bank Ltd Banking Services 2.86Infosys Technologies Ltd Computer Software 2.85ITC Ltd Cigarettes 2.59HDFC Bank Banking Services 2.53Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 2.05State Bank Of India Banking Services 2.01

Oil & Natural Gas Corp Ltd Petroleum Oil 1.89Bharti Airtel Ltd Cellular Mobile Phone Service 1.76Crompton Greaves Ltd Motors & Generators 1.50Bharat Heavy Electricals Ltd Prime Movers 1.38HDFC Ltd Housing Finance Services 1.23Exide Industries Ltd Storage Batteries 1.20Bank Of Baroda Banking Services 1.19Axis Bank Ltd Banking Services 1.18Simplex Infrastructures Ltd Construction/Erection and Maintenance of Power 1.17Sintex Industries Ltd Diversified 1.16Asian Paints (India) Ltd Paints & Varnishes 1.12Sterlite Industries (India) Ltd Copper & Copper Products 1.04NTPC Ltd Thermal Electricity 0.99Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 0.97Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 0.94United Spirits Ltd Ethyl Alcohol (Strength Less Than 80%) 0.92Glaxosmithkline Consumer Healthcare Ltd Drug Formulations 0.91LIC Housing Finance Ltd Housing Finance Services 0.89Ivrcl Infrastructures & Projects Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.89

Jaiprakash Associates Ltd 0.83Punjab National Bank Banking Services 0.83Oriental Bank Of Commerce Banking Services 0.76Wipro Ltd Computer Software 0.74Zee News Ltd Media-Broadcasting 0.69Cesc Ltd Coal Based Thermal Electricity 0.67Tata Steel Ltd Finished Steel 0.65Punj Lloyd Ltd Civil Engineering 0.65Tata Power Co Ltd Thermal Electricity 0.60Sun Pharmaceutical Industries Ltd Drug Formulations 0.51Tata Motors Ltd Heavy Commercial Vehicles 0.48Union Bank Of India Banking Services 0.44Glenmark Pharmaceuticals Ltd Drug Formulations 0.42Reliance Communication Ltd Cellular Mobile Phone Service 0.35Infrastructure Dev Fin Co Ltd Finance Related Allied Activities 0.35Marico Ltd Edible Oils 0.34Alstom Projects India Ltd Industrial Contracts & Turnkey Projects 0.30Television Eighteen India Ltd Media-Broadcasting 0.18Areva T&D India Ltd Switching Apparatus 0.16ABB Ltd Switchgears 0.14Voltas Limited Diversified 0.12Tata Chemicals Ltd Other Fertilisers 0.12Mcnally Bharat Engineering Co Ltd Material Handling Equipments 0.10Gujarat Nre Coke Ltd Mining 0.08Elecon Engineering Co Ltd Material Handling Equipments 0.08Siemens India Ltd Switching Apparatus 0.07

Action Construction Equipments Ltd Mobile Cranes 0.07Oil India Ltd Service Activities Incidental To Oil And Gas Extra 0.06Thermax Limited Steam Boilers 0.06Emco Ltd Transformers 0.04Corporate Bonds 10.608.40% Exim Bank 2010 AAA 4.668.83% IRFC 2012 AAA 3.579.50% HDFC 2013 AAA 1.216.98% IRFC 2012 AAA 1.15Cash Bank & Others 36.98Cash Bank & Others 36.98

Construction Of Roads, Bridges, Tunnels Etc.

Net Assets 100.00


SectorSECTOR STRATEGY

% to NAV SectorEthyl Alcohol (Strength Less Than 80) 0.92Media-Broadcasting 0.86Coal B ase d The rmal E lec tri ci ty 0. 67Finished Steel 0.65Civil Engineering 0.65Heavy Commercial Vehicles 0.48Finance Related All ied Act ivit ies 0.35Edible Oils 0.34Switching Apparatus 0.22Mat eri al Handl ing E qui pment s 0. 17Switchgears 0.14Other Fertilisers 0.12Mining 0.08Mobile Cranes 0.07Service Activities Incidental To Oil & Gas Extra 0.06Steam Boilers 0.06Transformers 0.04Corporate Bonds 10.60Cash Bank & Others 36.98

Total 100.00

% to NAV

ASSET ALLOCATION

Banking Services 11.81Refinery 4.33Computer Software 3.59Cigarettes 2.59Industrial Contracts & Turnkey Projects 2.35Housing Finance Services 2.12C el lul ar Mobi le Phone S erv ice 2. 11Petroleum Oil 1.89Drug Formulations 1.84Construction Of Roads, Bridges, Tunnels Etc. 1.72Thermal Electricity 1.59Motors & Generators 1.50Prime Movers 1.38Diversified 1.28Storage Batteries 1.20Construction/Erection andMaintenance of Power 1.17Paints & Varnishes 1.12Copper & Copper Products 1.04Cosmetics/Soaps/Toiletries/Detergents 0.97

Uti li ty Vehicles Including Jeeps 0.94

Equity Corporate Bonds Cash Bank & Others

10.60%

52.43%

36.98%

0.04%

0.12%

0.08%0.07%

0.06%0.06%

0.14%

0.22%

0.35%

0.48%

0.65%

0.65%0.67%

0.86%0.92%0.97%

4.33% 11.81%

0.94%

3.59%2.59%

2.35%2.12%

2.11%1.89%

1.84%

1.72%1.59%1.50%1.38%1.28%1.20%

1.17%

1.12%1.04%

0.34%

0.17%

10.60%36.98%

Banking Services RefineryComputer Software Cigare ttesI n du s tr i a l Co n tr a c ts & T u r nk e y P ro j e ct s H o u si n g F in a n ce S e r vi c esC el lu la r Mo bi le Ph on e Se rv ic e P et ro le um O ilD ru g Fo rm ul at io ns C on st ru ct io n Of Ro ad s, Br id ge s, Tu nn el s Et c.T he rm al El ec tr ic it y M oto rs & Ge ne ra to rsPrime Movers DiversifiedS to r ag e Ba tt er ie s C o ns tr uc ti on /E re ct io n a nd M ai n te n an ce o f Po w er Pa in ts & Va rn ish es C op pe r& Co pp er Pr od uc tsCosmetics /Soaps /Toi le t r ies /Detergents Ut i l i tyVehic les IncludingJeepsE t hy l A lc o h ol ( S tr e n gt h L e ss T h a n 8 0% ) M e d ia - Br o a dc a st i ngC oa l Ba se d T he r ma l El e ct ri ci ty F in i sh e d St ee lC iv il En gi ne er in g H ea vy Co mm er ci al Ve hi cl esF in a nc e Re l at ed A ll i ed A ct iv it ie s E di b le O il sS wi tc hi ng Ap pa ra tu s M at er ia l Ha nd li ng E qu ip me nt sSwitchgears Other FertilisersMining Mobile CranesServ iceAct iv it i es Inc identa lToOi lAndGasExtra SteamBoi le rsTransformers Corporate BondsCashBank&Others


10/42

Banking Services 20.44Computer Software 8.76Refinery 7.18Cigarettes 4.47Industrial Contracts & Turnkey Projects 3.72Drug Formulations 3.13Prime Movers 2.96

Housing Finance Services 2.93Petroleum Oil 2.70Copper & Copper Products 2.67C el lula r Mobi le Phone S erv ice 2. 64Motors & Generators 2.34Construction Of Roads, Bridges, Tunnels Etc. 2.22Uti li ty Vehicles Including Jeeps 2.10Diversified 2.05Storage Batteries 1.46Finished Steel 1.40Construction/Erection and Maintenance of Power 1.34Ethyl Alcohol (Strength Less Than 80) 1.33Service Activities Incidental To Oil & Gas Extra 1.21Lng Storage And Distribution 1.12Cosmetics/Soaps/Toiletries/Detergents 1.12


Life LargeCap Equity Fund

PERIOD DATE NAV S&P CNX NIFTY NAV Change INDEX ChangeLast 1 Month 31-Dec-09 9.9790 5201.05 -4.51% -6.13%Last 3 Month 30-Oct-09 9.1960 4711.70 3.62% 3.62%Last 6 Month 31-Jul-09 8.8260 4636.45 7.97% 5.30%Last 1 Year 30-Jan-09 5.6740 2874.80 67.94% 69.82%Since Inception 07-Jan-08 10.0000 6279.10 -2.31% -11.48%


NAV Calculation:

Tax Benefits:

Fund Manager:

The primary investment objective of the fund is to generate long-term capital appreciation from a portfolio that isinvested pre-dominantly in equity and equity linked securities.

Daily


Mr. Saravana Kumar

9

PERFORMANCE - LIFE LARGE CAP EQUITY FUND (NAV [in Rs.] & S&P CNX NIFTY as on 29-Jan-10 is 9.5290 and 4882.05 respectively)

% to NAVASSET ALLOCATIONEquity 91.57CD/CP's 1.40Cash Bank & Others 7.03NET ASSETS 100.00

% of NAV


InstrumentPORTFOLIO

IndustryEquity 91.57Reliance Industries Ltd Refinery 7.18Infosys Technologies Ltd Computer Software 5.94ICICI Bank Ltd Banking Services 5.62ITC Ltd Cigarettes 4.47HDFC Bank Banking Services 3.76Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 3.72Bank Of Baroda Banking Services 3.19State Bank Of India Banking Services 3.16Bharat Heavy Electricals Ltd Prime Movers 2.96HDFC Ltd Housing Finance Services 2.93Oil & Natural Gas Corp Ltd Petroleum Oil 2.70Sterlite Industries (India) Ltd Copper & Copper Products 2.67Bharti Airtel Ltd Cellular Mobile Phone Service 2.64Crompton Greaves Ltd Motors & Generators 2.34Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 2.10Axis Bank Ltd Banking Services 2.09Sintex Industries Ltd Diversified 1.86Cipla Ltd Drug Formulations 1.46Exide Industries Ltd Storage Batteries 1.46Mphasis Ltd Computer software 1.42Tata Steel Ltd Finished Steel 1.40Wipro Ltd Computer Software 1.40United Spirits Ltd Ethyl Alcohol (Strength Less Than 80%) 1.33

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 1.28Punjab National Bank Banking Services 1.24Oil India Ltd Service Activities Incidental To Oil & Gas Extra 1.21Gujarat State Petronet Ltd Lng Storage And Distribution 1.12Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 1.12Bajaj Auto Ltd - New Shs Motorcycles 1.08

Pantaloon Retail India Ltd Retail Trade 1.05Simplex Infrastructures Ltd Construction/Erection and Maintenance of Power 1.03Cesc Ltd Coal Based Thermal Electricity 1.01Gail India Ltd LPG Storage And Distribution 0.97Ivrcl Infrastructures & Projects Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.95Grasim Industries Ltd Cement 0.88ING Vysya Bank Ltd Banking services 0.83Siemens India Ltd Switching Apparatus 0.79NTPC Ltd Thermal Electricity 0.79Aditya Birla Nuvo Ltd Weaving, Manufacturing Of Man-Made Fiber 0.78Tata Motors Ltd Heavy Commercial Vehicles 0.75Sun Pharmaceutical Industries Ltd Drug Formulations 0.68Dr Reddys Laboratories Ltd Manufacture Of Pharmaceuticals, Medicinal Chemical 0.67Power Grid Corp Of India Ltd Power Transmission Line Services 0.62Emco Ltd Transformers 0.55Dishman Pharmaceuticals & Chemicals Ltd Drug Formulations 0.54Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 0.53Union Bank Of India Banking Services 0.53Asian Paints (India) Ltd Paints & Varnishes 0.46Glenmark Pharmaceuticals Ltd Drug Formulations 0.45Gmr Infrastructure Ltd Securities And Stock Traders 0.44DLF Ltd Construction/Erection and Maintenance of Power 0.31Mcnally Bharat Engineering Co Ltd Material Handling Equipments 0.26Tata Chemicals Ltd Other Fertilisers 0.25Voltas Limited Diversified 0.19NHPC Ltd Hydro Electricity 0.19Godrej Consumer Products Ltd Soaps 0.18CD/CP's 1.40Bank of Baroda 2010 - CD P1+ 0.70State Bank of Patiala 2010 - CD P1+ 0.70Cash Bank & Others 7.03Cash Bank & Others 7.03Net Assets 100.00


% to NAV SectorMotorcycles 1.08Retail Trade 1.05Coal Based Thermal Electricity 1.01LPG Storage And Distribution 0.97Cement 0.88Switching Apparatus 0.79Thermal Electricity 0.79

Weaving, Manufacturing Of Man-Made Fiber 0.78Heavy Commercial Vehicles 0.75Manufacture Of Pharmaceuticals, Medicinal Chemical 0.67Power Transmission Line Services 0.62Transformers 0.55Passenger Cars & Multi Utility Vehicles 0.53Paints & Varnishes 0.46Securities And Stock Traders 0.44Material Handling Equipments 0.26Other Fertilisers 0.25Hydro Electricity 0.19Soaps 0.18CD/CP's 1.40Cash Bank & Others 7.03Total 100.00

% to NAV


ASSET ALLOCATION

Equ it y C D/ CP 's C ash Ban k & Ot he rs

7.03%

1.40%

0.18%

0.19%

0.25%

0.78%0.79%

0.79%

1.05%

7.18%

1.12% 1.12%

3.72%4.47%

20.44%

1.08%

1.21%

2.05%

2.10%

1.46%

1.34%

1.40%

1.33%

8.76% 3.13% 2.96%2.93%

2.70%

2.67%

2.64%

2.22%2.34%

0.97% 1.01%

0.88%0.46%

0.53%

0.55%

0.62% 0.75%

0.67%

0.26%

0.44%

91.57%

1.40%

7.03%

Banking Services

ComputerSoftware

Refinery

Cigarettes

Industrial Contracts & Turnkey Projects

Drug Formulations

Prime Movers

Housing Finance Services

PetroleumOil

Copper& CopperProducts

CellularMobile Phone Service

Motors & Generators

Construction OfRoads, Bridges,Tunnels Etc.

Utility Vehicles Including Jeeps

Diversified

Storage Batteries

Finished Steel

Construction/Erection and Maintenance ofPower

Ethyl Alcohol (Strength Less Than 80%)

Service Activities Incidental To Oil And Gas Extra

Lng Storage And Distribution

Cosmetics/Soaps/Toiletries/Detergents

Motorcycles

Retail Trade

Coal Based Thermal Electricity

LPGStorage And Distribution

Cement

Switching Apparatus

Thermal Electricity

Weaving,Manufacturing OfMan-Made Fiber

Heavy Commercial Vehicles

Manufacture OfPharmaceuticals,Medicinal Chemical

PowerTransmission Line Services

Transformers

PassengerCars & Multi Utility Vehicles

Paints & Varnishes

Securities And Stock Traders

Material Handling Equipments

OtherFertilisers

Hydro Electricity

Soaps

CD/CP's

Cash Bank & Others


11/42



NAV Calculation:

Tax Benefits:

Fund Manager:

The primary investment objective of the fund is to provide reasonable returns with low to medium risk.

Daily


Mr. Saravana Kumar

10

Life GrowthEnabler Fund

PERFORMANCE - LIFE GROWTH ENABLER FUND(NAV [in Rs.] as on 29-Jan-10 is 10.6110)

% to NAVASSET ALLOCATIONEquity 30.66Government Securities 11.96Cash Bank & Others 57.38Net Assets 100.00

PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 10.7380 -1.18% -2.12%Last 3 Months 30-Oct-09 10.3560 2.46% 2.50%Last 6 Months 31-Jul-09 10.1840 4.19% 3.37%Last 1 Year 30-Jan-09 8.5220 24.51% 30.74%Since Inception 15-Oct-07 10.0000 2.62% 1.45%

% of NAV


InstrumentPORTFOLIO

Industry SectorSECTOR STRATEGY

% to NAVEquity 30.66Reliance Industries Ltd Refinery 2.49Infosys Technologies Ltd Computer Software 1.87ITC Ltd Cigarettes 1.77

HDFC Bank Banking Services 1.69ICICI Bank Ltd Banking Services 1.57Bharat Heavy Electricals Ltd Prime Movers 1.36Oil & Natural Gas Corp Ltd Petroleum Oil 1.24State Bank Of India Banking Services 1.16Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 1.13Bharti Airtel Ltd Cellular Mobile Phone Service 0.98Crompton Greaves Ltd Motors & Generators 0.98Axis Bank Ltd Banking Services 0.97Bank Of Baroda Banking Services 0.87Exide Industries Ltd Storage Batteries 0.84HDFC Ltd Housing Finance Services 0.76Oriental Bank Of Commerce Banking Services 0.75Bharat Electronics Ltd Electronics 0.73Sintex Industries Ltd Diversified 0.71Asian Paints (India) Ltd Paints & Varnishes 0.70Rural Electrification Corporation Ltd All India Development Institutions (Dfis) 0.68

Jyoti Structures Ltd Towers & Lattice Masts 0.63Glaxosmithkline Consumer Healthcare Ltd Drug Formulations 0.62

NTPC Ltd Thermal Electricity 0.59Sterlite Industries (India) Ltd Copper & Copper Products 0.57Sun Pharmaceutical Industries Ltd Drug Formulations 0.56Tata Power Co Ltd Thermal Electricity 0.49Ivrcl Infrastructures & Projects Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.46Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 0.46Infrastructure Dev Fin Co Ltd Finance Related Allied Activities 0.43Cesc Ltd Coal Based Thermal Electricity 0.37Wipro Ltd Computer Software 0.37Punjab National Bank Banking Services 0.34Simplex Infrastructures Ltd Construction/Erection and Maintenance of Power 0.29Reliance Communication Ltd Cellular Mobile Phone Service 0.24Glenmark Pharmaceuticals Ltd Drug Formulations 0.23Areva T&D India Ltd Switching Apparatus 0.20Ambuja Cements Ltd Cement 0.19Gujarat Nre Coke Ltd Mining 0.15

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.10Action Construction Equipments Ltd Mobile Cranes 0.07Elecon Engineering Co Ltd Material Handling Equipments 0.05Government Securities 11.969.39% GOI 2011 Sovereign 11.96CASH BANK & OTHERS 57.38Cash Bank & Others 57.38Net Assets 100.00

ASSET ALLOCATION


Banking Services 7.35Refinery 2.49Computer Software 2.23Cigarettes 1.77

Drug Formulations 1.41Prime Movers 1.36Petroleum Oil 1.24Cellular Mobile Phone Service 1.22Industrial Contracts & Turnkey Projects 1.13Thermal Electricity 1.08Motors & Generators 0.98Storage Batteries 0.84Housing Finance Services 0.76Electronics 0.73Diversified 0.71Paints & Varnishes 0.70All India Development Institutions (Dfis) 0.68Towers & Lattice Masts 0.63Copper & Copper Products 0.57Construction Of Roads, Bridges, Tunnels Etc. 0.56Cosmetics/Soaps/Toiletries/Detergents 0.46Finance Related Allied Activities 0.43Coal Based Thermal Electricity 0.37Construction/Erection and Maintenance of Power 0.29Switching Apparatus 0.20Cement 0.19

Mining 0.15Mobile Cranes 0.07Material Handling Equipments 0.05Government Securities 11.96Cash Bank & Others 57.38Total 100.00

Equity Government Securit ies Cash Bank & Others

30.66%

11.96%

57.38%

1.41%

1.08%1.13%

1.22%1.24%1.36%

1.77%2.23%

2.49%7.35%

0.98%

0.84%0.76%0.73%0.71%0.70%

0.68%

0.63%0.57%

0.56%0.46%

0.43%0.37%

57.38%

11.96%

0.05%

0.07%

0.15%0.19%

0.20%0.29%

Banking S ervices RefineryC om pu te rS of twa re C iga re tt esD rug F or mu la ti on s P ri me M ov er sP et ro le um Oil C ell ula rM ob il e Ph on e Se rv ic eIndustrial Contracts & Turnkey Projects Thermal ElectricityM ot or s & Ge ne ra to rs S to ra ge Ba tt er ie sH ou si ng F in an ce Se rv ic es E le ct ro ni csDiversified Paints & Varnishes

All India DevelopmentInstitutions (Dfis) Towers & Lattice MastsC o pp e r & C o pp e r P ro d uc t s C o ns t r uc t io n O f R o ad s , B ri d ge s , T un n el s E t c .Cosmetics/Soaps/Toiletries/Detergents Finance Related Allied ActivitiesCoal Based Thermal Electricity Construction/Erection and Maintenance ofPower Swit ching A pparatus CementMining Mobile CranesM a te r ia l H a n dl i ng E q u i pm e nt s G o ve r nm e nt S e c ur i ti e sCash Bank & Others


12/42


13/42

Equity 87.29Reliance Industries Ltd Refinery 8.58Infosys Technologies Ltd Computer Software 6.64Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 5.31Bharat Heavy Electricals Ltd Prime Movers 3.95Oil & Natural Gas Corp Ltd Petroleum Oil 3.60Bharti Airtel Ltd Cellular Mobile Phone Service 2.97Crompton Greaves Ltd Motors & Generators 2.91Cadila Healthcare Ltd Drug formulations 2.66Lupin Ltd Drugs & Pharmaceuticals 2.55Mphasis Ltd Computer software 2.43Gail India Ltd LPG Storage And Distribution 2.35Patni Computer Systems Ltd Computer Software 2.28Castrol India Ltd Lube oils & lubricants 2.25Asian Paints (India) Ltd Paints & Varnishes 2.21Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 2.17Cipla Ltd Drug Formulations 2.13Ultratech Cement Ltd Cement 2.08Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 2.07Glaxosmithkline Consumer Healthcare Ltd Drug Formulations 1.98Wipro Ltd Computer Software 1.93NTPC Ltd Thermal Electricity 1.92

Jindal Steel & Power Ltd Iron And Steel 1.87Dr Reddys Laboratories Ltd Manufacture Of Pharmaceuticals, Medicinal Chemical 1.67Exide Industries Ltd Storage Batteries 1.66Steel Authority Of India Ltd Finished Steel 1.60Bajaj Auto Ltd - New Shs Motorcycles 1.56Glenmark Pharmaceuticals Ltd Drug Formulations 1.26Gujarat Gas Company Ltd LNG Storage & Distribution 1.23Dabur India Ltd Cosmetics/Soaps/Toiletries/Detergents 1.20Hero Honda Motors Ltd Motorcycles 1.05Alstom Projects India Ltd Industrial Contracts & Turnkey Projects 0.98Siemens India Ltd Switching Apparatus 0.96Sesa Goa Ltd Minerals 0.93Divi's Laboratories Ltd Pharmaceuticals 0.91ABB Ltd Switchgears 0.91Container Corp Of India Ltd Transport Services Support Systems 0.88United Phosphorus Ltd Pesticides & Pesticide Intermediates, Nec 0.81Colgate-Palmolive (India) Ltd Preparation For Oral Or Dental Hygiene 0.81Thermax Limited Steam Boilers 0.68Marico Ltd Edible Oils 0.51Sun Pharmaceutical Industries Ltd Drug Formulations 0.44Bharat Electronics Ltd Electronics 0.41Cash Bank & Others - Non Interest Bearing Securities 12.71Cash Bank & Others ( Non Interest Bearing Securities) 12.71Net Assets 100.00

Investment Report 2010 January,


NAV Calculation:

Tax Benefits:

Fund Manager:

The primary investment objective of the fund is to provide income distribution over a period of medium to longterm while at all times emphasizing the importance of capital appreciation. The fund will invest significant amount in equity and equitylinked instruments specifically excluding companies predominantly dealing in Gambling, Lotteries/Contests, Animal Produce, Liquor,Tobacco, Entertainment (Films, TV etc) Hotels, Banks and Financial Institutions.

Daily

Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Also any sumreceived under this plan is exempt from tax under Section 10(10D) of the Income Tax Act, 1961 and are subject to amendments madetherein from time to time.

Mr. Saravana Kumar

12

Life Select Equity Fund

PERFORMANCE - LIFE SELECT EQUITY FUND(NAV [in Rs.] & S & P India 500 Shariah Index as on 29-Jan-10 is 15.1660 and 1198.63 respectively)

PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 15.8580 1269.50 -4.36% -5.58%Last 3 Month 30-Oct-09 14.4660 1132.92 4.84% 5.80%Last 6 Month 31-Jul-09 13.9520 1104.92 8.70% 8.48%Last 1 Year 30-Jan-09 10.0560 648.91 50.82% 84.71%Since Inception 06-Oct-08 10.0000 844.46 37.26% 30.52%

% of NAV


InstrumentPORTFOLIO

Industry


% to NAVComputer software 13.28Refinery 8.58Drug Formulations 8.47Industrial Contracts & Turnkey Projects 6.29Prime Movers 3.95Petroleum Oil 3.60Cosmetics/Soaps/Toiletries/Detergents 3.37Cellular Mobile Phone Service 2.97Motors & Generators 2.91Motorcycles 2.61Drugs & Pharmaceuticals 2.55LPG Storage And Distribution 2.35Lube oils & lubricants 2.25Paints & Varnishes 2.21Cement 2.08Passenger Cars & Multi Utility Vehicles 2.07Thermal Electricity 1.92Iron And Steel 1.87Manufacture Of Pharmaceuticals, Medicinal Chemical 1.67

Storage Batteries 1.66Finished Steel 1.60LNG Storage & Distribution 1.23Switching Apparatus 0.96Minerals 0.93Pharmaceuticals 0.91Switchgears 0.91Transport Services Support Systems 0.88Pesticides & Pesticide Intermediates, Nec 0.81Preparation For Oral Or Dental Hygiene 0.81Steam Boilers 0.68Edible Oils 0.51Electronics 0.41Cash Bank & Others( Non Interest Bearing Securit ies) 12.71Total 100.00

S & P India 500Shariah INDEX

ASSET ALLOCATION

Equity Cash, Bank & Others (Non Interest Bearing Securities)

% to NAVASSET ALLOCATIONEquity 87.29Cash, Bank and Others Non Interest Bearing Securities 12.71

NET ASSETS 100.00


12.71%

0.41%

1.66%

2.07%

1.92%

1.87%

1.67%

2.08%

2.21%

2.25%

2.35%

2.61%

2.55%

2.91%

2.97%3.37%

3.60%

3.95%6.29%8.47%

8.58%

13.28%

1.60%1.23%0.96%

0.93%

0.91%

0.91%

0.81%

0.81%0.88%

0.68%

0.51% Computersoftware

Refinery

DrugFormulations

IndustrialContracts&TurnkeyProjects

PrimeMovers

PetroleumOil


CellularMobilePhoneService

Motors&Generators

Motorcycles

Drugs&Pharmaceuticals

LPGStorageAnd Distribution

Lubeoils& lubricants

Paints&Varnishes

Cement

PassengerCars&Multi UtilityVehicles

ThermalElectricity

IronAndSteel

ManufactureOfPharmaceuticals,MedicinalChemical

StorageBatteries

FinishedSteel

LNGStorage& Distribution

SwitchingApparatus

Minerals

Pharmaceuticals

Switchgears

TransportServicesSupportSystems

Pesticides&PesticideIntermediates,Nec

PreparationForOral OrDentalHygiene

SteamBoilers

EdibleOils

Electronics

CashBank&Others( NonInterestBearing Securities)

12.71%

87.29%


14/42



NAV Calculation:

Tax Benefits:

Fund Manager:

The key objective of the fund is to provide steady returns to the policyholder with the assurance of protectingthe capital at least 110% of the capital.

Daily


Mr. Saravana Kumar

13

110% CapitalGuarantee Fund

PERFORMANCE - 110% CAPITAL GUARANTEE FUND (NAV [in Rs.] as on 29-Jan-10 is 10.7000)PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 10.7280 -0.26% -0.44%Last 3 Months 30-Oct-09 10.6470 0.50% 2.03%Last 6 Months 31-Jul-09 10.5810 1.12% 2.57%Last 1 Year 30-Jan-09 10.1100 5.84% 14.46%Since Inception 10-Nov-08 10.0000 5.71% 14.54%


% to NAVASSET ALLOCATIONEquity 8.69Corporate Bonds 52.61Cash Bank & Others 38.70Net Assets 100.00

% of NAVInstrumentPORTFOLIO

Industry

SectorSECTOR STRATEGYEquity 8.69

Reliance Industries Ltd Refinery 0.83Infosys Technologies Ltd Computer Software 0.62ICICI Bank Ltd Banking Services 0.52

ITC Ltd Cigarettes 0.44HDFC Bank Banking Services 0.41Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 0.40Oil & Natural Gas Corp Ltd Petroleum Oil 0.36Bharti Airtel Ltd Cellular Mobile Phone Service 0.36State Bank Of India Banking Services 0.34Bharat Heavy Electricals Ltd Prime Movers 0.32Tata Steel Ltd Finished Steel 0.31HDFC Ltd Housing Finance Services 0.28Sterlite Industries (India) Ltd Copper & Copper Products 0.28Axis Bank Ltd Banking Services 0.26Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 0.22Wipro Ltd Computer Software 0.22Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 0.20Grasim Industries Ltd Cement 0.17Steel Authority Of India Ltd Finished Steel 0.15NTPC Ltd Thermal Electricity 0.15Tata Power Co Ltd Thermal Electricity 0.15Tata Motors Ltd Heavy Commercial Vehicles 0.15

Power Grid Corp Of India Ltd Power Transmission Line Services 0.15Aditya Birla Nuvo Ltd Weaving, Manufacturing Of Man-Made Fiber 0.14Reliance Infrastructure Thermal Electricity 0.14

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.14 Jindal Steel & Power Ltd Iron And Steel 0.13ABB Ltd Switchgears 0.11Punjab National Bank Banking Services 0.10Gail India Ltd LPG Storage And Distribution 0.10HCL Technologies Ltd Computer Software 0.10Sun Pharmaceutical Industries Ltd Drug Formulations 0.10Cipla Ltd Drug Formulations 0.09Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 0.09DLF Ltd Construction/Erection and Maintenance of Power 0.09Indian Oil Corp Ltd Refineries 0.08Corporate Bonds 52.619.45% LIC Housing 2012 AAA 17.357.40% Infrastructure 2012 AAA 16.599.20% Power Grid 2015 AAA 8.608.40% Exim Bank 2010 AAA 6.737.20% HDFC 2010 AAA 3.33CASH BANK & OTHERS 38.70Cash Bank & Others 38.70Net Assets 100.00


Banking Services 1.63Computer Software 0.93Refinery 0.83Finished Steel 0.46Thermal Electricity 0.44Cigarettes 0.44Industrial Contracts & Turnkey Projects 0.40Petroleum Oil 0.36Cellular Mobile Phone Service 0.36Prime Movers 0.32Housing Finance Services 0.28Copper & Copper Products 0.28Cosmetics/Soaps/Toiletries/Detergents 0.22Utility Vehicles Including Jeeps 0.20Drug Formulations 0.19Cement 0.17Heavy Commercial Vehicles 0.15Power Transmission Line Services 0.15Weaving, Manufacturing Of Man-Made Fiber 0.14Construction Of Roads, Bridges, Tunnels Etc. 0.14Iron And Steel 0.13Switchgears 0.11LPG Storage And Distribution 0.10Passenger Cars & Multi Utility Vehicles 0.09

Construction/Erection and Maintenance of Power 0.09Refineries 0.08Corporate Bonds 52.61Cash Bank & Others 38.70Total 100.00

% to NAV

ASSET ALLOCATION

Equit y Corpora te Bonds Cash Bank & O thers

38.70%

52.61%

8.69%

1.63%

0.93%

0.83%

0.46%

0.44%

0.44%

0.40%

0.36%

0.36%

0.19%

0.20%

0.22%0.28%0.28%

0.32%

0.17%

0.15%

0.15%

0.14%0.14%

0.13% 0.11% 0.10%

0.09%

0.09%

0.08%

38.70%

52.61%

BankingServices

ComputerSoftware

Refinery

FinishedSteel

ThermalElectricity

Cigarettes

IndustrialContracts& TurnkeyProjects

PetroleumOil

CellularMobilePhone Service

PrimeMovers

HousingFinanceServices

Copper&Copper Products


UtilityVehiclesIncludingJeeps

DrugFormulations

Cement

HeavyCommercialVehicles

PowerTransmissionLineServices

Weaving,ManufacturingOfMan-MadeFiber

ConstructionOfRoads,Bridges, TunnelsEtc.

IronAndSteel

Switchgears

LPGStorageAnd Distribution

PassengerCars& MultiUtility Vehicles

Construction/Erectionand MaintenanceofPower

Refineries

CorporateBonds

CashBank& Others


15/42

S&P CNX Nifty

Equity 87.70Reliance Industries Ltd Refinery 8.65Infosys Technologies Ltd Computer Software 7.16ICICI Bank Ltd Banking Services 6.18Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 4.71HDFC Bank Banking Services 4.31ITC Ltd Cigarettes 4.13State Bank Of India Banking Services 3.23Bharat Heavy Electricals Ltd Prime Movers 3.18Oil & Natural Gas Corp Ltd Petroleum Oil 3.17Bharti Airtel Ltd Cellular Mobile Phone Service 3.04HDFC Ltd Housing Finance Services 2.96Sterlite Industries (India) Ltd Copper & Copper Products 2.80Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 2.30Axis Bank Ltd Banking Services 2.12Tata Steel Ltd Finished Steel 2.12Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 2.10Wipro Ltd Computer Software 1.87Cipla Ltd Drug Formulations 1.84NTPC Ltd Thermal Electricity 1.77Grasim Industries Ltd Cement 1.61

Jindal Steel & Power Ltd Iron And Steel 1.56Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 1.50Reliance Infrastructure Thermal Electricity 1.28Steel Authority Of India Ltd Finished Steel 1.24Gail India Ltd LPG Storage And Distribution 1.22Tata Motors Ltd Heavy Commercial Vehicles 1.15HCL Technologies Ltd Computer Software 1.15

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 1.14Siemens India Ltd Switching Apparatus 1.06ABB Ltd Switchgears 1.01Hindalco Industries Ltd Aluminium, Unwrought 0.97Punjab National Bank Banking Services 0.93Sun Pharmaceutical Industries Ltd Drug Formulations 0.85Suzlon Energy Ltd Wind Turbines (Wind Electricity Generator) 0.77Power Grid Corp Of India Ltd Power Transmission Line Services 0.65Tata Power Co Ltd Thermal Electricity 0.65Reliance Communication Ltd Cellular Mobile Phone Service 0.56Bharat Petroleum Corp Ltd Refinery 0.45DLF Ltd Construction/Erection and Maintenance of Power 0.25Ambuja Cements Ltd Cement 0.08Cash Bank & Others 12.30Cash Bank & Others 12.30Net Assets 100.00

Banking Services 16.77Computer Software 10.18Refinery 9.09Industrial Contracts & Turnkey Projects 4.71Cigarettes 4.13Thermal Electricity 3.70Cellular Mobile Phone Service 3.60Finished Steel 3.36Prime Movers 3.18Petroleum Oil 3.17Housing Finance Services 2.96Copper & Copper Products 2.80Drug Formulations 2.69Passenger Cars & Multi Utility Vehicles 2.30Utility Vehicles Including Jeeps 2.10Cement 1.70Iron And Steel 1.56Cosmetics/Soaps/Toiletries/Detergents 1.50LPG Storage And Distribution 1.22Heavy Commercial Vehicles 1.15Construction Of Roads, Bridges, Tunnels Etc. 1.14Switching Apparatus 1.06Switchgears 1.01Aluminium, Unwrought 0.97Wind Turbines (Wind Electrici ty Generator) 0.77Power Transmission Line Services 0.65Construction/Erection & Maintenance of Power 0.25Cash Bank & Others 12.30Total 100.00



NAV Calculation:

Tax Benefits:

Fund Manager:

The fund will invest primarily in select stocks and equity linked instruments which are a part of Nifty 50 Indexwith a focus on generating long term capital appreciation. The Fund will not replicate the index, but aim to attain performance better than the performance of the Index.

Daily


Mr. Saravana Kumar

14

Tata AIGTop 50

(NAV [in Rs.] & S & P CNX Nifty as on 29-Jan-10 is 14.9060 and 4882.05 respectively)

Sector

SECTOR STRATEGY

% to NAVInstrumentPORTFOLIO

Industry % of NAV

% to NAVASSET ALLOCATIONEquity 87.70Cash, Bank & Others 12.30Net Assets 100.00

SECTORWISE BREAK-UP

Asset Allocation

Equity Cash, Bank & Others

1.14%1.06%

1.01%

1.15% 1.22%

9.09%4.71%

3.70%4.13%

10.18%

16.77%3.60%

3.36%

3.18%3.17%

2.96%

2.80%

2.69%

2.30%2.10%

1.70%1.56%1.50%

0.97%

0.77%

12.30%

0.25%0.65%

Banking Services Computer SoftwareRefinery Industrial Contracts & Turnkey ProjectsCigarettes Thermal ElectricityCellular Mobile Phone Service Finished Steel

Prime Movers Petroleum OilHousing Finance Services Copper & Copper ProductsDrug Formulations Passenger Cars & Multi Utility VehiclesUtility Vehicles Including Jeeps CementIron And Steel Cosmetics/Soaps/Toiletries/DetergentsLPG Storage And Distribution Heavy Commercial VehiclesConstruction Of Roads, Bridges, Tunnels Etc. Switching ApparatusSwitchgears Aluminium, UnwroughtWind Turbines (Wind Electricity Generator) Power Transmission Line ServicesConstruction/Erection and Maintenance of Power Cash Bank & Others

12.30%

87.70%


PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 15.7550 5201.05 -5.39% -6.13%Last 3 Month 30-Oct-09 14.5160 4711.70 2.69% 3.62%Last 6 Month 31-Jul-09 14.2890 4636.45 4.32% 5.30%Last 1 Year 30-Jan-09 10.0200 2874.80 48.76% 69.82%Since Inception 12-Jan-09 10.0000 2773.10 46.44% 71.67%

PERFORMANCE - TATA-AIG TOP 50


16/42

Equity 85.52Reliance Industries Ltd Refinery 6.25Infosys Technologies Ltd Computer Software 4.70HDFC Bank Banking Services 4.01ICICI Bank Ltd Banking Services 3.50ITC Ltd Cigarettes 3.17Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 3.00

Bharat Heavy Electricals Ltd Prime Movers 2.11Bharti Airtel Ltd Cellular Mobile Phone Service 1.94Oil & Natural Gas Corp Ltd Petroleum Oil 1.93Sterlite Industries (India) Ltd Copper & Copper Products 1.85Lupin Ltd Drugs & Pharmaceuticals 1.75HDFC Ltd Housing Finance Services 1.68

Jindal Steel & Power Ltd Iron And Steel 1.54Crompton Greaves Ltd Motors & Generators 1.53Aditya Birla Nuvo Ltd Weaving, Manufacturing Of Man-Made Fiber 1.49State Bank Of India Banking Services 1.45Mphasis Ltd Computer software 1.43Nestle India Ltd Dairy products 1.42Tata Steel Ltd Finished Steel 1.40Wipro Ltd Computer Software 1.37Cipla Ltd Drug Formulations 1.34Divi'S Laboratories Ltd Pharmaceuticals 1.29Axis Bank Ltd Banking Services 1.26Bajaj Auto Ltd - New Shs Motorcycles 1.23Bank Of Baroda Banking Services 1.21Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 1.17NTPC Ltd Thermal Electricity 1.13Gail India Ltd LPG Storage And Distribution 1.11Reliance Infrastructure Thermal Electricity 1.09Federal Bank Ltd Banking services 1.08Asian Paints (India) Ltd Paints & Varnishes 1.04Sun Pharmaceutical Industries Ltd Drug Formulations 1.04Rural Electrification Corporation Ltd All India Development Institutions (Dfis) 1.01Ultratech Cement Ltd Cement 0.98Tata Motors Ltd Heavy Commercial Vehicles 0.98

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.97Cesc Ltd Coal Based Thermal Electricity 0.96Dr Reddys Laboratories Ltd Manufacture Of Pharmaceuticals, Medicinal Chemical 0.94Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 0.93Grasim Industries Ltd Cement 0.91Sintex Industries Ltd Diversified 0.88United Phosphorus Ltd Pesticides & Pesticide Intermediates, Nec 0.87Ivrcl Infrastructures & Projects Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.87Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 0.85Indian Oil Corp Ltd Refineries 0.85Lanco Infratech Ltd Civil engineering works 0.82Patni Computer Systems Ltd Computer Software 0.81Exide Industries Ltd Storage Batteries 0.78United Spirits Ltd Ethyl Alcohol (Strength Less Than 80%) 0.78ABB Ltd Switchgears 0.68Punjab National Bank Banking Services 0.63Steel Authority Of India Ltd Finished Steel 0.60Pantaloon Retail India Ltd Retail Trade 0.60Union Bank Of India Banking Services 0.57Tata Power Co Ltd Thermal Electricity 0.55Suzlon Energy Ltd Wind Turbines (Wind Electricity Generator) 0.54LIC Housing Finance Ltd Housing Finance Services 0.54Sesa Goa Ltd Minerals 0.49Bharat Electronics Ltd Electronics 0.48Oriental Bank Of Commerce Banking Services 0.47Cairn India Ltd Petroleum Oil 0.37Dlf Ltd Construction/Erection and Maintenance of Power 0.35Container Corp Of India Ltd Transport Services Support Systems 0.34Siemens India Ltd Switching Apparatus 0.34Bank Of India Banking Services 0.33Zee Entertainment Enterprises Ltd Media-Broadcasting 0.22Punj Lloyd Ltd Civil Engineering 0.20Piramal Healthcare Limited Drug Formulations 0.18Reliance Communication Ltd Cellular Mobile Phone Service 0.12Glenmark Pharmaceuticals Ltd Drug Formulations 0.12Gmr Infrastructure Ltd Securities And Stock Traders 0.08Cash Bank & Others 14.48Cash Bank & Others 14.48Net Assets 100.00



NAV Calculation:

Tax Benefits:

Fund Manager:

The fund will invest primarily in select stocks and equity linked instruments which are a part of BSE 200 Indexwith a focus on generating long-term capital appreciation. The Fund will not replicate the index but aim to attain performance better than the performance of the Index.

Daily


Mr. Saravana Kumar

15

Tata AIGTop 200

(NAV [in Rs.] as on 29-Jan-10 is 16.4470& BSE 200 and 2065.21 respectively)

% to NAVASSET ALLOCATIONEquity 85.52Cash, Bank & Others 14.48Net Assets 100.00

InstrumentPORTFOLIO

Industry % of NAV

SECTOR-WISE BREAKUP

Asset Allocation

Equity Cash Bank & Others

14.48%

85.52%

0.20%0.22%0.34%

0.34%

0.35% 0.08%0.48%

14.48%

1.29%

1.42%1.49%

1.54%1.53%1.75%

1.83%

1.85%1.89%

2.06%2.00%

8.31% 6.25%14.52%

3.17%

2.11%2.22%2.30%

1.17%

1.23%

1.04%

1.11%

1.01%

3.00%

2.67%2.77%

0.98%

0.96%

0.94%

0.85%

0.88%0.87%

0.93%

0.78%

0.78%

0.82%0.85%

0.49%

0.54%

0.60%

0.68%

Banking Services Computer SoftwareRefinery CigarettesI n du s tr i al Co n tr a c ts & T u rn k e y P r oj e c ts T h er m al El e ct r ic i tyDrug Formulations Petroleum OilHous ing Finance Ser vices Prime MoversC el lu la rMo bi le P ho ne S er vi ce Fi ni sh ed S te elCement Copper & Copper ProductsC o ns t r uc t io n O f R o a ds , B r id g es , T u nn e ls E t c . D r ug s & P h ar m ac e u ti c al sIron And Steel Motors & GeneratorsWe av i ng , M a nu f ac t ur i ng O f M an - Ma d e Fi b er D a ir y p ro d uc t sPharmaceuticals MotorcyclesP a ss e ng e r C a rs & Mu l ti U ti l it y Ve h ic l es L P G St o ra g e A n d D i st r ib u ti o nP ai nt s & Va rn is he s A ll I nd ia D ev el op me nt I ns ti tu ti on s ( Df is )H ea vy C om me rc ia l Ve hi cl es C oa l Ba se d Th er ma l El ec tr ic it yManufacture OfPharmaceuticals,Medicinal Chemical Utility Vehicles Including JeepsDiv ersified Pesticides & Pes ticide Intermediates ,NecC os me ti cs /S oa p s/ To il et ri es /D et er ge nt s R ef in er ie sCiv il engineering works Storage BatteriesE th y l A lc o ho l ( St re ng th L e ss T h an 8 0 %) S wi tc hg ea rsRetail Trad e Wind Turbines (Wind Electricity Ge nerator )Minerals Electronics


Banking Services 14.52Computer Software 8.31Refinery 6.25Cigarettes 3.17Industrial Contracts & Turnkey Projects 3.00

Thermal Electricity 2.77Drug Formulations 2.67Petroleum Oil 2.30Housing Finance Services 2.22Prime Movers 2.11Cellular Mobile Phone Service 2.06Finished Steel 2.00Cement 1.89Copper & Copper Products 1.85Construction Of Roads, Bridges, Tunnels Etc. 1.83Drugs & Pharmaceuticals 1.75Iron And Steel 1.54Motors & Generators 1.53Weaving, Manufacturing Of Man-Made Fiber 1.49Dairy products 1.42Pharmaceuticals 1.29Motorcycles 1.23Passenger Cars & Multi Utility Vehicles 1.17LPG Storage And Distribution 1.11Paints & Varnishes 1.04All India Development Institutions (Dfis) 1.01Heavy Commercial Vehicles 0.98Coal Based Thermal Electricity 0.96Manufacture Of Pharmaceuticals, Medicinal Chemical 0.94Utility Vehicles Including Jeeps 0.93Diversified 0.88

Pesticides & Pesticide Intermediates, Nec 0.87Cosmetics/Soaps/Toiletries/Detergents 0.85Refineries 0.85Civil engineering works 0.82Storage Batteries 0.78Ethyl Alcohol (Strength Less Than 80) 0.78Switchgears 0.68Retail Trade 0.60Wind Turbines (Wind Electricity Generator) 0.54Minerals 0.49Electronics 0.48Construction/Erection and Maintenance of Power 0.35Transport Services Support Systems 0.34Switching Apparatus 0.34Media-Broadcasting 0.22Civil Engineering 0.20Securities And Stock Traders 0.08Cash Bank & Others 14.48Total 100.00


% to NAV

BSE 200PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 17.2380 2180.25 -4.59% -5.28%Last 3 Month 30-Oct-09 15.8400 1962.88 3.83% 5.21%Last 6 Month 31-Jul-09 15.1930 1909.63 8.25% 8.15%Last 1 Year 30-Jan-09 10.0180 1107.06 64.17% 86.55%Since Inception 12-Jan-09 10.0000 1091.37 60.87% 83.94%

PERFORMANCE - TATA AIG TOP 200


17/42

Equity 26.37Reliance Industries Ltd Refinery 2.23Infosys Technologies Ltd Computer Software 1.96Bharat Heavy Electricals Ltd Prime Movers 1.10ICICI Bank Ltd Banking Services 1.01Oil & Natural Gas Corp Ltd Petroleum Oil 1.00HDFC Bank Banking Services 0.99Cipla Ltd Drug Formulations 0.97ITC Ltd Cigarettes 0.92Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 0.87Axis Bank Ltd Banking Services 0.81Glaxosmithkline Consumer Healthcare Ltd Drug Formulations 0.81Grasim Industries Ltd Cement 0.79

Jindal Steel & Power Ltd Iron And Steel 0.77Bharti Airtel Ltd Cellular Mobile Phone Service 0.75HDFC Ltd Housing Finance Services 0.73State Bank Of India Banking Services 0.69Sterlite Industries (India) Ltd Copper & Copper Products 0.69Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 0.68Steel Authority Of India Ltd Finished Steel 0.65Crompton Greaves Ltd Motors & Generators 0.60Bank Of Baroda Banking Services 0.53Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 0.50Gail India Ltd LPG Storage And Distribution 0.48Lupin Ltd Drugs & Pharmaceuticals 0.43

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.42Wipro Ltd Computer Software 0.40Nagarjuna Cons Co Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.39Aditya Birla Nuvo Ltd Weaving, Manufacturing Of Man-Made Fiber 0.39Sintex Industries Ltd Diversified 0.38United Phosphorus Ltd Pesticides & Pesticide Intermediates, Nec 0.38Cesc Ltd Coal Based Thermal Electricity 0.36

Mphasis Ltd Computer software 0.33NTPC Ltd Thermal Electricity 0.33Reliance Infrastructure Thermal Electricity 0.32Hero Honda Motors Ltd Motorcycles 0.29Patni Computer Systems Ltd Computer Software 0.28Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 0.22Lanco Infratech Ltd Civil engineering works 0.21Sesa Goa Ltd Minerals 0.21Dr Reddys Laboratories Ltd Manufacture Of Pharmaceuticals, Medicinal Chemical 0.17Siemens India Ltd Switching Apparatus 0.14Sun Pharmaceutical Industries Ltd Drug Formulations 0.13Reliance Communication Ltd Cellular Mobile Phone Service 0.08Corporate Bonds 12.537.90% RECL 2012 AAA 6.389.45% LIC Housing 2012 AAA 6.15Cash Bank & Others 61.10Cash Bank & Others 61.10Net Assets 100.00


16

Tata AIG Aggressive Flexi Fund

PERFORMANCE - TATA AIG AGGRESSIVE FLEXI FUND (NAV [in Rs.] as on 29-Jan-10 is 10.3900)

% to NAVASSET ALLOCATIONEquity 26.37Corporate Bonds 12.53Cash Bank & Others 61.10Net Assets 100.00

SECTOR-WISE BREAKUP

InstrumentPORTFOLIO

Industry % of NAV

Sector

SECTOR STRATEGY

% to NAVBanking Services 4.04Computer Software 2.97Refinery 2.23Drug Formulations 1.91Prime Movers 1.10Petroleum Oil 1.00Cigarettes 0.92Industrial Contracts & Turnkey Projects 0.87Cellular Mobile Phone Service 0.83Construction Of Roads, Bridges, Tunnels Etc. 0.81Cement 0.79Iron And Steel 0.77Housing Finance Services 0.73Copper & Copper Products 0.69Passenger Cars & Multi Utility Vehicles 0.68Finished Steel 0.65Thermal Electricity 0.64Motors & Generators 0.60

Utility Vehicles Including Jeeps 0.50LPG Storage And Distribution 0.48Drugs & Pharmaceuticals 0.43Weaving, Manufacturing Of Man-Made Fiber 0.39Diversified 0.38Pesticides & Pesticide Intermediates, Nec 0.38Coal Based Thermal Electricity 0.36Motorcycles 0.29Cosmetics/Soaps/Toiletries/Detergents 0.22Civil engineering works 0.21Minerals 0.21Manufacture Of Pharmaceuticals, Medicinal Chemical 0.17Switching Apparatus 0.14Corporate Bonds 12.53Cash Bank & Others 61.10Total 100.00

Asset Allocation

Equity Corpora te Bonds Cash Bank & Others

26.37%

12.53%

61.10%

61.10%

12.53%0.14%

0.48%0.43%

0.39%

0.38%0.38%

0.36%0.29%0.21% 0.22%

0.21%

0.50%0.60%

4.04%

2.97%

1.91%1.10%

0.77%

0.83%

0.17%

0.64%

0.87%

0.65%

2.23%

0.73%

0.69%0.68%

1.00%0.92% 0.81%0.79%

Banking Services Computer SoftwareRefinery Drug FormulationsPrime Movers Petroleum OilCigarettes Industrial Contracts & Turnkey ProjectsCellular Mobile Phone Service Construction Of Roads, Bridges, Tunnels Etc.Cement Iron And SteelHousing Finance Services Copper & Copper ProductsPassenger Cars & Multi Utility Vehicles Finished SteelThermal Electricity Motors & GeneratorsUtility Vehicles Including Jeeps LPG Storage And DistributionDrugs & Pharmaceuticals Weaving, Manufacturing Of Man-Made Fiber Diversified Pesticides & Pesticide Intermediates, NecCoal Based Thermal Electricity MotorcyclesCosmetics/Soaps/Toiletries/Detergents Civil engineering worksMinerals Manufacture Of Pharmaceuticals, Medicinal ChemicalSwitching Apparatus Corporate BondsCash Bank & Others

PERIOD DATE NAV NAV Change INDEX ChangeLast 1 Month 31-Dec-09 10.5190 -1.23% -1.78%Last 3 Months 30-Oct-09 10.1650 2.21% 2.41%Last 6 Months 31-Jul-09 10.2420 1.45% 3.21%Last 1 Year 30-Jan-09 10.0090 3.81% 27.49%Since Inception 12-Jan-09 10.0000 3.72% 28.04%



NAV Calculation:

Tax Benefits:

Fund Manager:

It is a Equity Oriented Balanced Fund which primarily invests in large cap equity stocks and equity linkedinstruments along with Government Bonds and highly rated Fixed Income Instruments, with an objective to maximize the returns withmedium to high risk. The fund endeavours to offer long term capital appreciation along with the stable returns over a long period of time.

Daily


Mr. Saravana Kumar


18/42


19/42



NAV Calculation:

Tax Benefits:

Fund Manager:

The objective of the scheme is to invest in Government Bonds and highly rated Fixed Income instruments.The primary objective of the Fund is to conserve capital while generating income by investing in short to medium term debtinstruments of various maturities.

Daily


Mr. Saravana Kumar

18

Tata AIG Bond Fund

(NAV [in Rs.] & as on 29-Jan-10 is 10.8490 and 1575.3191 respectively)Crisil Composite Bond Fund Index

% to NAVASSET ALLOCATIONCorporate Bonds 34.80Cash, Bank & Others 65.20Net Assets 100.00


RatingCorporate Bonds 34.806.98% IRFC 2012 AAA 19.729.45% LIC Housing 2012 AAA 5.14

8.40% Exim Bank 2010 AAA 4.987.90% RECL 2012 AAA 4.96CASH BANK & OTHERS 65.20Cash Bank & Others 65.20Net Assets 100.00

RatingAAA 34.80Cash, Bank & Others 65.20Total 100.00

% to NAV

Asset Allocation

Corporate Bonds Cash, Bank & Others

Rating Profile

AAA Cash, Bank & Others

MATURITY PROFILE

65.20%

34.80%

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

Less than 1 Year 1-3 Years

34.80%

65.20%


Crisil CompositeBond Fund IndexPERIOD DATE NAV NAV Change INDEX Change

Last 1 Month 31-Dec-09 10.8020 1566.5262 0.44% 0.56%Last 3 Months 30-Oct-09 10.6780 1548.1524 1.60% 1.75%Last 6 Months 31-Jul-09 10.5260 1543.0987 3.07% 2.09%Last 1 Year 30-Jan-09 10.0000 1504.7636 8.49% 4.69%Since Inception 12-Jan-09 10.0000 1503.6769 8.10% 4.55%

PERFORMANCE - TATA AIG BOND FUND


20/42

Investment Report , 2010 January


NAV Calculation:

Tax Benefits:

Fund Manager:

Objective is to provide capital protection with a high level of safety and liquidity through judicious investmentin high quality short-term debt.

Daily


Mr. Saravana Kumar

19

Tata AIG Apex Investment Fund

PERFORMANCE - TATA AIG APEX INVESTMENT FUND (NAV [in Rs.] as on 29-Jan-10 is 10.0040)

% to NAVASSET ALLOCATIONCash, Bank & Others 100.00Net Assets 100.00


RatingCash, Bank & Others 100.00Cash, Bank & Others 100.00Net Assets 100.00

RatingCash, Bank & Others 100.00Total 100.00

% to NAV

Asset Allocation Rating Profile

MATURITY PROFILE

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

Less than 1 Year

100.00%

Cash, Bank & Others

100.00%

Cash, Bank & Others


21/42


Note: The investment income and prices may go down as well as up.

InstrumentPORTFOLIO

Industry % of NAVEquity 68.71Reliance Industries Ltd Refinery 6.21Infosys Technologies Ltd Computer Software 4.84ICICI Bank Ltd Banking Services 4.22HDFC Bank Banking Services 3.67Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 3.48ITC Ltd Cigarettes 3.43State Bank Of India Banking Services 3.09Oil & Natural Gas Corp Ltd Petroleum Oil 3.00HDFC Ltd Housing Finance Services 2.80Bharat Heavy Electricals Ltd Prime Movers 2.51Bharti Airtel Ltd Cellular Mobile Phone Service 2.50Axis Bank Ltd Banking Services 2.14

Jindal Steel & Power Ltd Iron And Steel 1.97Sterlite Industries (India) Ltd Copper & Copper Products 1.67Gail India Ltd LPG Storage And Distribution 1.54Wipro Ltd Computer Software 1.31Hindustan Unilever Ltd Cosmetics/Soaps/Toiletries/Detergents 1.30Crompton Greaves Ltd Motors & Generators 1.22NTPC Ltd Thermal Electricity 1.16Cairn India Ltd Petroleum Oil 1.01Reliance Infrastructure Thermal Electricity 1.01Mahindra And Mahindra Ltd Utility Vehicles Including Jeeps 0.91Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 0.87Sun Pharmaceutical Industries Ltd Drug Formulations 0.86Grasim Industries Ltd Cement 0.85Steel Authority Of India Ltd Finished Steel 0.78Bharat Petroleum Corp Ltd Refinery 0.71Infrastructure Dev Fin Co Ltd Finance Related Allied Activities 0.69DLF Ltd Construction/Erection and Maintenance of Power 0.65Power Grid Corp Of India Ltd Power Transmission Line Services 0.64Power Finance Corp Ltd Financial Institutions 0.63Cipla Ltd Drug Formulations 0.62Reliance Capital Ltd Securities And Stock Traders 0.57Ivrcl Infrastructures & Projects Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.56Bajaj Auto Ltd - New Shs Motorcycles 0.56Hero Honda Motors Ltd Motorcycles 0.55Hindalco Industries Ltd Aluminium, Unwrought 0.43Siemens India Ltd Switching Apparatus 0.43PTC India Ltd Trade In Minerals & Energy Sources 0.41Punjab National Bank Banking Services 0.41Reliance Communication Ltd Cellular Mobile Phone Service 0.39Idea Cellular Ltd Cellular Mobile Phone Service 0.38ABB Ltd Switchgears 0.37

Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 0.36Ambuja Cements Ltd Cement 0.35Tata Motors Ltd Heavy Commercial Vehicles 0.34ACC Ltd Cement 0.31Corporate Bonds 28.27National Housing Bank 2018 AAA 9.27Nabard -ZCB - 2019 AAA 9.2510.60% IRFC 2018 AAA 6.259.90% HDFC 2018 AAA 3.50Cash Bank & Others 3.02Cash Bank & Others 3.02Net Assets 100.00

SECTOR STRATEGY

% to NAVSectorBanking Services 13.53Refinery 6.92Computer Software 6.15Petroleum Oil 4.01Industrial Contracts & Turnkey Projects 3.48Cigarettes 3.43Cellular Mobile Phone Service 3.27Housing Finance Services 2.80Prime Movers 2.51Thermal Electricity 2.17Iron And Steel 1.97Copper & Copper Products 1.67LPG Storage And Distribution 1.54Cement 1.51Drug Formulations 1.48Cosmetics/Soaps/Toiletries/Detergents 1.30Motors & Generators 1.22Motorcycles 1.11Construction Of Roads, Bridges, Tunnels Etc. 0.92Utility Vehicles Including Jeeps 0.91Passenger Cars & Multi Utility Vehicles 0.87Finished Steel 0.78Finance Related Allied Activities 0.69Construction/Erection and Maintenance of Power 0.65Power Transmission Line Services 0.64Financial Institutions 0.63Securities And Stock Traders 0.57Aluminium, Unwrought 0.43Switching Apparatus 0.43Trade In Minerals & Energy Sources 0.41Switchgears 0.37Heavy Commercial Vehicles 0.34Corporate Bonds 28.27Cash Bank & Others 3.02Total 100.00

20

Tata AIG APEX Return Lock-In Fund

ASSET ALLOCATION


% to NAVASSET ALLOCATIONEquity 68.71Corporate Bonds 28.27Cash, Bank & Others 3.02Net Assets 100.00


NAV Calculation:

Tax Benefits:

Fund Manager:

Objective is to use the participation in an actively managed well diversified equity portfolio of large capcompanies to generate capital appreciation and use high credit quality debt instruments to lock-in that capital appreciation.

Daily


Mr. Saravana Kumar

PERFORMANCE - TATA AIG APEX RETURN LOCK-IN FUND (NAV [in Rs.] as on 29-Jan-10 is 10.5700)

E qui ty C or po ra te Bo nds C as h, Ba nk & Ot her s

28.27%

68.71%

3.02%

13.53%28.27%

0.37%0.41%

0.43%

0.78%

0.69%0.65%

0.64%0.63%

0.57%

0.43%

0.87%0.91% 0.92%

1.11%1.22% 1.30%

1.48%

6.92%

3.43%3.27%

2.51%2.17%

1.51%1.54%

1.67%1.97%

2.80%

0.34%

6.15%

4.01%3.48%

3.02%

Banking Services

Refinery

Computer Software

Petroleum Oil


Cigarettes

Cellular Mobile Phone Service


Prime Movers

Thermal Electricity

Iron And Steel

Copper & Copper Products

LPG Storage And Distribution

Cement

Drug Formulations


Motors & Generators

Motorcycles


Utility Vehicles Including Jeeps

Passenger Cars & Multi Utility Vehicles

Finished Steel

Finance Related Allied Activities

Construction/Erection and Maintenance of Power

Power Transmission Line Services

Financial Institutions

Securities And Stock Traders

Aluminium, Unwrought

Switching Apparatus

Trade In Minerals & Energy Sources

Switchgears


Corporate Bonds

Cash Bank & Others


22/42



NAV Calculation:

Tax Benefits:

Fund Manager:

The Investment Objective of the Scheme is to provide long-term capital appreciation by investingpredominantly in a diversified basket of equity and equity related securities of companies engaged in or expected to benefit directly or indirectly from the growth and development of infrastructure.

Daily


Mr. Saravana Kumar

21

Infrastructure Fund

PERFORMANCE - INFRASTRUCTURE FUND (NAV [in Rs.] as on 29-Jan-10 is 9.8600)

ASSET ALLOCATION % to NAVEquity 86.27Cash, Bank & Others 13.73Net Assets 100.00

ASSET ALLOCATION


IndustryEquity 86.27Reliance Industries Ltd Refinery 7.70Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 4.49ICICI Bank Ltd Banking Services 4.37Axis Bank Ltd Banking Services 3.24Sterlite Industries (India) Ltd Copper & Copper Products 3.17Bharat Heavy Electricals Ltd Prime Movers 3.16Bank Of Baroda Banking Services 3.03Crompton Greaves Ltd Motors & Generators 2.62State Bank Of India Banking Services 2.60Bharti Airtel Ltd Cellular Mobile Phone Service 2.58HDFC Bank Banking Services 2.57HDFC Ltd Housing Finance Services 2.51Gail India Ltd LPG Storage And Distribution 2.49Tata Steel Ltd Finished Steel 2.39NTPC Ltd Thermal Electricity 2.25Reliance Infrastructure Thermal Electricity 2.17Sintex Industries Ltd Diversified 1.99Ultratech Cement Ltd Cement 1.96Asian Paints (India) Ltd Paints & Varnishes 1.95Bgr Energy Systems Ltd Industrial Contracts & Turnkey Projects 1.92Cesc Ltd Coal Based Thermal Electricity 1.84

Jyoti Structures Ltd Towers & Lattice Masts 1.75 Jaiprakash Associates Ltd Construction Of Roads, Bridges, Tunnels Etc. 1.74Nagarjuna Cons Co Ltd Construction Of Roads, Bridges, Tunnels Etc. 1.68Ivrcl Infrastructures & Projects Ltd Construction Of Roads, Bridges, Tunnels Etc. 1.62Great Eastern Shipping Co Ltd Shipping 1.50Steel Authority Of India Ltd Finished Steel 1.47Tata Motors Ltd Heavy Commercial Vehicles 1.46Siemens India Ltd Switching Apparatus 1.35Voltas Limited Diversified 1.32Container Corp Of India Ltd Transport Services Support Systems 1.28Shree Cement Ltd Cement 1.24Mcnally Bharat Engineering Co Ltd Material Handling Equipments 1.13

Alstom Projects India Ltd Industrial Contracts & Turnkey Projects 1.11 Jsw Steel Limited Steel 1.04Kec International Ltd Construction/erection and maintenance of power 1.02Mundra Port And Sez Ltd Infrastructure developers and operator 0.94DLF Ltd Construction/Erection and Maintenance of Power 0.88NHPC Ltd Hydro Electricity 0.70Punj Lloyd Ltd Civil Engineering 0.59Gujarat State Petronet Ltd Lng Storage And Distribution 0.58Lanco Infratech Ltd Civil engineering works 0.49Bharat Electronics Ltd Electronics 0.41Cash Bank & Others 13.73Cash Bank & Others 13.73Net Assets 100.00


SECTOR STRATEGY% to NAVSector

Banking Services 15.79Refinery 7.70Industrial Contracts & Turnkey Projects 7.52Construction Of Roads, Bridges, Tunnels Etc. 5.03Thermal Electricity 4.43Finished Steel 3.86Diversified 3.31Cement 3.20Copper & Copper Products 3.17Prime Movers 3.16Motors & Generators 2.62Cellular Mobile Phone Service 2.58Housing Finance Services 2.51LPG Storage And Distribution 2.49Paints & Varnishes 1.95Coal Based Thermal Electricity 1.84Towers & Lattice Masts 1.75Shipping 1.50Heavy Commercial Vehicles 1.46Switching Apparatus 1.35Transport Services Support Systems 1.28Material Handling Equipments 1.13Steel 1.04Construct ion/erect ion and maintenance of power. 1 .02Infrastructure developers and operator 0.94Construct ion/Erect ion and Maintenance of Power 0.88Hydro Electricity 0.70Civil Engineering 0.59Lng Storage And Distribution 0.58Civil engineering works 0.49Electronics 0.41Cash Bank & Others 13.73

Total 100.00

Equity Cash Bank & Others

86.27%

13.73%

13.73%15.79%

7.70%

0.58%0.59%0.70%

0.49% 0.41%

1.13%

1.02%

0.88%

0.94%

1.35%

1.04%

1.28%

1.46% 1.50%

1.75%

1.84%

1.95% 2.49%2.51%

2.58%

2.62%

3.16%3.17%

3.20%

3.31%3.86%

4.43%

5.03%

7.52%

Banking Services

Refinery



Thermal Electricity

Finished Steel

Diversified

Cement

Copper & Copper Products

Prime Movers

Motors & Generators

Cellular Mobile Phone Service


LPG Storage And Distribution

Paints & Varnishes

Coal Based Thermal Electricity

Towers & Lattice Masts

Shipping


Switching Apparatus

Transport Services Support Systems

Material Handling Equipments

Steel

Construction/erection and maintenance of power.

Infrastructure developers and operator

Construction/Erection and Maintenance of Power

Hydro Electricity

Civil Engineering

Lng Storage And Distribution

Civil engineering works

Electronics

Cash Bank & Others


23/42


Note: The investment income and prices may go down as well as up.

InstrumentPORTFOLIO

Industry % of NAVEquity 70.42Reliance Industries Ltd Refinery 7.20Infosys Technologies Ltd Computer Software 5.96Larsen And Toubro Ltd Industrial Contracts & Turnkey Projects 3.92Bharat Heavy Electricals Ltd Prime Movers 3.31Crompton Greaves Ltd Motors & Generators 2.99Cadila Healthcare Ltd Drug formulations 2.46Bajaj Auto Ltd - New Shs Motorcycles 2.40Oil & Natural Gas Corp Ltd Petroleum Oil 2.26Cipla Ltd Drug Formulations 2.18Bharti Airtel Ltd Cellular Mobile Phone Service 2.11Mphasis Ltd Computer software 2.10Maruti Suzuki India Ltd Passenger Cars & Multi Utility Vehicles 2.09Castrol India Ltd Lube oils &

Documents

Life Investment Report Jan 10