Birla

D e c e m b e r 2 0 1 0
Save tax or
create wealth?
Aim for both.
Presenting
Birla Sun Life Tax Relief ’96
An Open ended Equity Linked Saving Scheme (ELSS) with a lock-in of 3 years
For more details please refer page No 21
Call 1-800-270-7000/1-800-22-7000 (toll-free) | Visit www.birlasunlife.com sms GAIN to 56161
Mutual Fund investments are subject to market risks. Please read the Statement of
Additional Information / Scheme Information Document carefully before investing.
D e c e m b e r 2 0 1 0
Index
OUTLOOK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
SIP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
SAVINGS SOLUTIONS
Birla Sun Life Cash Plus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Birla Sun Life Cash Manager . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Birla Sun Life Savings Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Birla Sun Life Short Term Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Birla Sun Life Dynamic Bond Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Birla Sun Life Medium Term Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Birla Sun Life Income Plus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Birla Sun Life Income Fund. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Birla Sun Life Floating Rate - Short Term Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Birla Sun Life Gilt Plus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Birla Sun Life Government Securities Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Birla Sun Life Enhanced Arbitrage Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
REGULAR INCOME SOLUTIONS
Birla Sun Life Monthly Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Birla Sun Life MIP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Birla Sun Life MIP II - Wealth 25 Plan. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Birla Sun Life MIP II - Savings 5 Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
TAX SAVINGS SOLUTIONS
Birla Sun Life Tax Relief '96 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Birla Sun Life Tax Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
WEALTH CREATION SOLUTIONS
Birla Sun Life Equity Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Birla Sun Life Advantage Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Birla Sun Life Midcap Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Birla Sun Life Frontline Equity Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Birla Sun Life Infrastructure Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Birla Sun Life Basic Industries Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Birla Sun Life India GenNext Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Birla Sun Life New Millennium Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Birla Sun Life Top 100 Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
Birla Sun Life Buy India Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Birla Sun Life MNC Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Birla Sun Life Index Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Birla Sun Life India Opportunities Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
Birla Sun Life Dividend Yield Plus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Birla Sun Life 95 Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Birla Sun Life Freedom Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38
Birla Sun Life Asset Allocation Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Birla Sun Life Special Situations Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
Birla Sun Life Commodity Equities Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41
Birla Sun Life International Equity Fund - Plan A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Birla Sun Life International Equity Fund - Plan B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43
Birla Sun Life Small & Midcap Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
Birla Sun Life India Reforms Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45
Birla Sun Life Pure Value Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
Birla Sun Life Long Term Advantage Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
DIVIDEND HISTORY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48-50
ASSET ALLOCATION GUIDE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51
OUR COVERAGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
METHODOLOGY OF RANKING . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
02
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Outlook
Equity Outlook
An event heavy month… for Ireland failed to quell market turmoil as investors feared about the contagion effect
In the month of November, the domestic stock market grappled with a series of global to other Euro zone countries like Portugal and Spain. Markets remain skeptical about
and local events, be it policy tightening, the Euro zone debt crisis, tensions on the the ability of European policy makers to prevent contagion.
Korean peninsula or the housing loan bribery case. Early in November, Sensex hit 21k
for first time since January 2008 but since then, we witnessed selling by the investors In Asia, geopolitics emerged as a fresh factor with tensions on the Korean peninsula.
due to various global issues. For the month, the Sensex was down 2.55% from the Further, monetary tightening in China and fears about subsequent hikes to curb
previous month while Nifty closed 2.58% lower. inflation also dominated the global markets.
Among sectors, realty collapsed by nearly 20%. PSUs, oil & gas and power followed Locally, markets were shaken after the CBI reportedly sent notices to a slew of
with 8.37%, 8.10% and 7.27% losses, respectively. The broader market also faced the medium-to-large sized PSU banks and institutions on corruption charges of accepting
brunt of selling. BSE Midcap shed 6.49% while BSE Smallcap plunged 8.05%. bribes from private financers to route loans to corporates. However, we believe, the
Meanwhile, FIIs inflows into Indian equities remained buoyant at $4.1 billion in cases are limited to individuals and unlikely to create large fallout or pose any systemic
November taking the total to $28.9 billion for 2010. risk to asset quality. Given that India-specific bad news concentrated to a few sectors,
some sectors and stocks have corrected much more than others. This lopsided
Shift of focus…. correction provides a good buying opportunity since we believe fundamentals do not
In the November 2 monetary policy review, RBI raised LAF repo and reverse repo rate change overnight.
by 25 bps each and hinted at a pause in tightening for the near future. (Since February
2010, RBI hiked repo rate by 150 bps, reverse-repo by 200 bps and CRR by 100 bps.) Going Forward…
The central bank indicated that it is sensitive to the fact that the interest-rate Q2 earnings were broadly in-line with expectations. The domestic market is likely to
environment should not derail economic growth trends. India's GDP surged by 8.9% y- enjoy valuation premiums due to the long-term growth potential, with the economy
o-y in Q2. The economy, which grew more than 8% annually in the last two quarters, being driven by domestic demand. Signs of easing inflation, a fragile global economy
has been riding on robust manufacturing activity and the outlook for farm output has and weaker industrial output in September will prevent any rise in rates for the rest of
brightened following good monsoon rains. From the RBIs point of view, stronger-than- 2010. Markets corrected almost 10% from the recent peak and reasonable valuations
expected growth will enable RBI to shift its focus from growth to inflation management. are seen emerging. However, future direction of the market will depend on earnings
growth. In India, for long-term and overseas investors, there is increased confidence
Fears that dominated…. about the growth prospects and we feel that global investors will continue to buy
From the Euro zone, Ireland debt problems maintained a persistent pressure on selectively.
market sentiment globally. The EU/IMF 85 billion euros ($111 billion) rescue package Data Source: CLSA Bloomberg
Debt Outlook
Bonds pressured, liquidity woes weigh… pressure on the UST yields, which after going below 2.50 closed the month @ 2.80,
The month of November continued to push the yields higher across the curve. The making an intra-month high of 2.98% indicating concerns over the second
yield curve continued its bear flattening, with short end of the curve moving up by 80 Quantitative easing announced by the Fed earlier in the month. Peripheral Europe
bps. G-sec markets continued to remain subdued with low volumes and lack of remained under tremendous pressure with CDS of the PIIGS countries moving higher
direction. Markets awaited government decision to auction the Debt limits for FII to and the spread for these countries over the German Bunds making new highs.
provide some direction. Concerns over the sustainability of the EU and Euro as a currency and banking
problems in Ireland caused the Euro to slide from its high of 1.42 Vs USD at the start of
RBI in the policy review hiked the LAF corridor by 25bps on both sides (Repo rate & the month to 1.30 by month end. EU along with IMF provided a bailout package of
Reverse Repo), but indicated its intention to pause for the near future. Alongside it EUR 85 bn to ease the concerns of the markets.
announced OMO amounting to 12,000 Crs. The bond buy-back program was
announced in on-the-run 10 yr Benchmark security, the first such buy-back in the
Outlook: Liquidity to remain tight, RBI action eyed…
Central Bank's history. Markets viewed it as a move to infuse liquidity and as a rate
In view of tight liquidity RBI provided an additional 2% breather to the banks against
signal. Though, next auction indicated RBI's primary aim was to infuse liquidity.
their SLR reserves, thus managing to keep the overnight rates closer to the repo rate.
Though the short end will continue to get hammered as liquidity remains tight with the
Industrial production data @ 4.40% was much below the markets expectation, though
upcoming advance tax outflows and a huge amount of issuance in the CDs market,
in line with its volatile nature, having little impact on the market. Monthly WPI figure @
which are lined up for roll-over. We believe the tight liquidity situation to remain or get
8.58% was slightly higher than the market consensus of 8.50%. The weekly data
worse in the near future, in absence of any decisive action by the RBI, which will be
(y-o-y) on Primary articles, Food articles continues to fall, though on a week-over-week
negative for the Corporate spreads. Historically the last 2 quarters of the FY also
basis it has a rising trend. India's 2Q GDP grew @ 8.9% surprising the markets which
witness the maximum issuance in corporate bonds which may put further pressure on
were penciling a much lower growth.
the spreads. We continue to remain bullish on the G-sec on back of improvement in
government revenue (even excluding spectrum auction collection) and the absolute
Emerging economies maintained a hawkish stance on the rates front with Reserve
levels relative to the overnight rate which RBI has shown resolve to keep linked to the
Bank of Australia, South Korea, Thailand and China tightening rates. Manufacturing
Repo rate.
data including PMI indicated sustained recovery across the globe putting upward
Data Source: RBI
Our Investment Team (In alphabetical order)

Achala Kanitkar Research Analyst : Equity Lokesh Mallya Fund Manager / Research Analyst : Fixed Income Rohit Murarka Research Analyst : Fixed Income
Ajay Argal Head Equity : Offshore Mahesh Patil Head Equity : Domestic Assets Sanjay Chawla Fund Manager : Equity
Ajay Garg Fund Manager : Equity Maneesh Dangi Head : Fixed Income Satyabrata Mohanty Head : Mixed Assets
Ankit Sancheti Fund Manager/ Research Analyst : Equity Mayank Hyanki Research Analyst : Equity Shaktie Prakash Fund Manager / Dealer : Fixed Income
Atul Penkar Fund Manager/ Research Analyst : Equity Naysar Shah Sr Research Analyst : Equity Sujit Patki Dealer : Equity
Chanchal Khandelwal Research Analyst : Equity Nishit Dholakia Fund Manager / Research Analyst : Equity Sunaina Da cunha Fund Manager / Research Analyst : Fixed Income
Hemang Dagli Sr. Equity Dealer / Fund Manager Paresh Khandelwal Research Analyst : Equity Varda Pandey Research Analyst : Fixed Income
Kaustubh Gupta Fund Manager / Dealer : Fixed Income Prasad Dhonde Fund Manager / Dealer : Fixed Income Vineet Maloo Fund Manager/ Research Analyst : Equity
03
D e c e m b e r 2 0 1 0
Systematic Investment Plan (SIP)
As on November 30, 2010
SIP is a powerful tool that can help you create wealth over time.
Birla Sun Life Tax Relief ‘96

Value (`) of SIP in Returns (%)*
Investment Period Total Investment
BSE 200 Birla Sun Life BSE 200 Birla Sun Life
(`) (Benchmark Index) (Benchmark Index)
Tax Relief ‘96 Tax Relief ‘96
Since Inception 176000 747090 2138636 17.88 30.08
Last 5 years 60000 88166 89577 15.40 16.04
Last 3 years 36000 49453 50873 21.78 23.83
Last 1 year 12000 13084 12928 17.22 14.69

Date of First Installment : April 01, 1996 Inception Date : March 29, 1996
Birla Sun Life Midcap Fund

CNX Midcap Birla Sun Life CNX Midcap Birla Sun Life
(`) (Benchmark Index) (Benchmark Index)
Midcap Fund Midcap Fund
Since Inception 97000 283345 342076 25.69 30.20
Last 5 years 60000 98946 104744 20.12 22.47
Last 3 years 36000 55421 56967 30.17 32.25
Last 1 year 12000 13304 13246 20.82 19.86

Date of First Installment : November 01, 2002 Inception Date : October 03, 2002
Birla Sun Life Frontline Equity Fund

Investment Period Total Investment Birla Sun Life Birla Sun Life
BSE 200 BSE 200
(`) (Benchmark Index) Frontline Equity (Benchmark Index) Frontline Equity
Fund Fund
Since Inception 98000 243552 318912 21.59 27.95
Last 5 years 60000 88161 101733 15.39 21.27
Last 3 years 36000 49448 53196 21.77 27.11
Last 1 year 12000 13084 13325 17.22 21.16

Date of First Installment : October 01, 2002 Inception Date : August 30, 2002
Birla Sun Life Dividend Yield Plus

Investment Period Total Investment Birla Sun Life Birla Sun Life
S & P CNX 500 S & P CNX 500
(`) (Benchmark Index) Dividend Yield (Benchmark Index) Dividend Yield
Plus Plus
Since Inception 93000 205633 262387 19.94 26.05
Last 5 years 60000 86182 112358 14.47 25.39
Last 3 years 36000 48836 60990 20.87 37.48
Last 1 year 12000 12948 13891 15.00 30.55

Date of First Installment : March 01, 2003 Inception Date : February 26, 2003
Birla Sun Life ‘95 Fund

Investment Period Total Investment CRISIL Balanced CRISIL Balanced
(`) Birla Sun Life Birla Sun Life
Fund Index Fund Index
(Benchmark Index) '95 Fund (Benchmark Index) '95 Fund
Since Inception 188000 510265 1852094 11.75 25.68
Last 5 years 60000 82301 97967 12.60 19.71
Last 3 years 36000 45318 52497 15.56 26.14
Last 1 year 12000 12908 13298 14.36 20.71

Date of First Installment : April 01, 1995 Inception Date : February 10, 1995
Note :
Past performance may or may not be sustained in future.
Returns assume reinvestment of tax free dividend declared.
The data assumes the investment of ` 1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
The above returns calculated assuming investments in Plan A -Growth option or Growth option as applicable and Dividend Plan in case of Birla Sun Life Tax Relief'96
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Birla Sun Life Cash Plus
Investment Style Box

Investment Objective
ective
Credit Quality
Interest Rate An open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious
High Med Low Sensitivity
investments in high quality debt and money market instruments.
High
Mid Investment Performance Rating Profile

Low 8
7.13
7 6.53 6.72 6.57 6.61
6.24
6 5.78 AAA 76.01%
Fund Details 5
% Returns
4
Fund Manager : Mr. Prasad Dhonde & 3 Cash & 22.66%
Ms. Sunaina Da Cunha Current Assets
2
Managing Fund Since : June 18, 2009
Total Experience : 11 years & 6 years 1
Date of inception : June 16, 1997 0
15 days 1 Month 3 Months Since Inception AA 1.33%
Nature of the scheme : An Open-ended Liquid Scheme
Birla Sun Life Cash Plus - Retail - Growth CRISIL Liquid Fund Index
Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1
Key Features year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Default option : Appln of less than ` 1 cr - Retail
Plan - Dividend Reinvestment
Appln of equal to or greater than
` 1 cr but less than ` 5 cr - Portfolio & Asset Allocation
Institutional Plan - Daily Dividend
Reinvestment
Issuer % to Net Rating Issuer % to Net Rating
Assets Assets
` 5 cr - Institutional Premium
Plan - Daily Dividend Money Market Instruments 76.01 ICICI Securities Primary Dealership Ltd. 0.50 P1+
Reinvestment Indian Oil Corporation Ltd. 16.74 P1+ Gruh Finance Ltd. 0.49 P1+
Retail Plan
Central Bank of India 12.19 PR1+ JM Financial Products Pvt Ltd. 0.42 P1+
Fresh Purchase : ` 10000/-
Additional Purchase : ` 1000/- ICICI Bank Ltd. 10.09 A1+ Punjab and Sind Bank 0.42 A1+
Institutional Plan IDFC Ltd. 0.42 A1+
IDBI Bank Ltd. 9.44 A1+
Fresh Purchase : ` 1 Crore
Additional Purchase : ` 1 Lac Canara Bank 4.60 P1+ Allahabad Bank 0.08 A1+
Institutional Premium Plan HDFC Ltd. 4.26 A1+
Additional Purchase : ` 1 Lac Punjab National Bank 4.20 PR1+ Corporate Debt 1.33
Redemption Cheques : Within 10 working days Corporation Bank 3.20 P1+ Kotak Mahindra Prime Ltd.** 1.33 AA
issued
Andhra Bank 2.69 PR1+
Systematic Investment : Not Available
Plan (SIP) Bajaj Finance Ltd. 2.51 P1+ Cash & Current Assets 22.66
Systematic Withdrawal : Available Oriental Bank Of Commerce 1.67 P1+
Plan (SWP)
Systematic Transfer : Available Punjab and Sind Bank 1.25 PR1+ Total Net Assets 100.00
Plan (STP) National Housing Bank 0.84 A1+
** Represents thinly traded/ non traded securities and illiquid securities.Total Percentage of thinly/non traded securities is 1.33%.
Plans / Options & NAV (As on November 30, 2010)
Retail Plan
Growth : 25.2764
Daily Dividend : 16.3694
(Reinvestment)
Institutional Plan
Growth : 25.7197
(Reinvestment)
Fortnightly Dividend : 10.8289
(Payout & Reinvestment)
Weekly Dividend : 10.8147
Institutional Premium Plan
Growth : 15.2860
Monthly Dividend : 10.0000
Benchmark : CRISIL Liquid Fund Index
Load Structure
Entry Load : Nil
Exit Load : Nil
Other Parameter
Average Maturity : 0.06 Years
Modified Duration : 0.06 Years
Yield to Maturity : 7.14%
Mark to Market : -
Standard Deviation
Retail Plan : 0.32%
Institutional Plan : 0.32%
Institutional Premium Plan : 0.30%
CRISIL~CPR 2^^ CRISIL~CPR 2^^

Birla Sun Life Cash Plus - Institutional Plan Birla Sun Life Cash Plus - Institutional Premium Plan
Liquid Institutional (16 Schemes), 1yr ended 30-Sep-10 Liquid Super Institutional (18 Schemes), 1yr ended 30-Sep-10
«
«
«
«
#
Value Research Rating
Birla Sun Life Cash Plus - Institutional Premium Plan
Debt : Liquid (92 Schemes), 18 months & 3 years ended 30-Nov-10
(Past performance is no guarantee of future results.) for ranking methodology please refer page 53
+The grading has been assigned by ICRA and indicates highest quality. The investment quality is similar to that of fixed income obligations of highest safety and with maturity
corresponding upto 1 year. This grading should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns.
Note:
Standard Deviation is calculated on annualised basis using 1 year history of monthly
returns, source: MFI Explorer
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Credit Quality
Interest Rate An open ended Income scheme with the objective to provide income which is consistent with a portfolio through investments in a basket of debt
and money market instruments of very short maturities with a view to provide reasonable returns.
High
Mid
Investment Performance Rating Profile
Low
8
7.04 6.95
7 6.37 6.61 6.72
6
Fund Details 4.88 AAA 76.36%
5
% Returns
4.51
4
Fund Manager : Mr. Prasad Dhonde &
Ms. Sunaina Da Cunha 3
Managing Fund Since : June 18, 2009 2
Date of inception : May 14, 1998 Cash &
0 23.64%
Nature of the scheme : An Open-ended Income Scheme Current Assets
1 Year 3 Years 5 Years Since Inception
Birla Sun Life Cash Manager-Growth CRISIL Short Term Bond Fund Index
Key Features Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than
Default option : Appln of less than ` 1 cr - 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Weekly Dividend Reinvestment.
` 1 cr - Institutional Plan - Daily
Dividend Reinvestment Portfolio & Asset Allocation
Retail Plan
Fresh Purchase : ` 10000/- Issuer % to Net Rating Issuer % to Net Rating
Additional Purchase : ` 1000/- Assets Assets
Institutional Plan Money Market Instruments 76.36 State Bank of Mysore 2.17 A1+
Additional Purchase : ` 1 Lac Punjab National Bank 14.03 PR1+ Andhra Bank 2.17 PR1+
Redemption Cheques : Within 10 working days ICICI Bank Ltd. 12.08 A1+ Housing Development Finance Corporation Ltd. 1.27 A1+
issued
Systematic Investment : Available IDBI Bank Ltd. 7.57 A1+ JM Finanical Products Pvt. Ltd. 0.64 P1+
Plan (SIP) Canara Bank 6.78 P1+ Export-Import Bank of India 0.64 P1+
Systematic Withdrawal : Available
Federal Bank Ltd. 5.64 P1+ Bank of Baroda 0.64 A1+
Plan (SWP)
Systematic Transfer : Available IDBI Bank Ltd. 5.40 P1+ Axis Bank Ltd. 0.51 P1+
Plan (STP) Central Bank of India 4.21 PR1+ State Bank of Patiala 0.25 P1+
Plans / Options & NAV (As on November 30, 2010) Allahabad Bank 4.06 A1+
Retail Plan Dena Bank 3.19 P1+ Cash & Current Assets 23.64
Growth : 23.2609
IndusInd Bank Ltd. 2.56 P1+
(Reinvestment) Mahindra & Mahindra Financial Services Ltd. 2.55 P1+ Total Net Assets 100.00
(Reinvestment)
Institutional Plan
Growth : 15.9886
(Reinvestment)
(Reinvestment)
Benchmark : CRISIL Short Term Bond Fund

Index
Load Structure (Incl. for SIP)

Entry Load : Nil
Exit Load : Nil
Other Parameter
Mark to Market : -
Standard Deviation
Retail Plan : 0.33%
@
w.e.f August 04, 2010, in accordance with applicable provisions of SEBI (Mutual Funds) Regulations, 1996, the Asset Allocation and
Investment Pattern of Birla Sun Life Cash Manager have been modified by removing the provisions pertaining to Portfolio Characteristics
of Liquid Scheme and re-classifying it into a Debt Scheme i.e. a “Non-Liquid Scheme”. Please refer to Notice-cum-Addendum dated June
28, 2010 available on our website and at Investor Services centers for further details.
Note:
Standard Deviation is calculated on annualised basis using 1 year history of
monthly returns, source: MFI Explorer
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Birla Sun Life Savings Fund

ective
Credit Quality
Interest Rate The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe
generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will
High
undernormal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.
Mid
Low
8
7.04 6.77 6.72
7 6.55 6.56 AAA 55.67%
Fund Details 6
5.03
5 4.51
Cash &
Fund Manager : Mr. Maneesh Dangi 20.94%
% Returns
4 Current Assets
3
Total Experience : 10 years
Date of inception 2 17.95%
Other
Retail Plan : November 27, 2001 1
Institutional Plan : April 16, 2003 0
Nature of the scheme : An Open-ended Short Term 1 Year 3 Years 5 Years Since Inception
AA 5.44%
Income Scheme Birla Sun Life Savings Fund - Retail Growth CRISIL Short-Term Bond Fund Index
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Key Features 1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
Default option : Appln of less than ` 1 cr - Retail
Plan - Weekly Dividend
Reinvestment
Portfolio & Asset Allocation
Dividend Reinvestment Issuer % to Net Rating Issuer % to Net Rating
Retail Plan Assets Assets
Fresh Purchase : ` 10000/- Money Market Instruments 43.60 Tata Steel Ltd. 2.08 AA
Additional Purchase : ` 1000/- Infina Finance Pvt Ltd 8.26 P1+ UltraTech Cement Ltd. 2.08 AAA
Institutional Plan
Fresh Purchase : ` 1 Crore Canara Bank 6.94 P1+ CitiFinancial Consumer Finance India Ltd 1.38 AA
Additional Purchase : ` 1 Lac Central Bank of India 3.10 PR1+ Tata Sons Ltd. 1.04 AAA
Redemption Cheques : Within 10 working days Indian Bank 2.77 P1+ IDFC Ltd. 1.04 LAA+
issued
Syndicate Bank 2.77 PR1+
Systematic Investment : Available
Plan (SIP) Central Bank of India 2.65 PR1+
Corporate Debt 3.66
Systematic Withdrawal : Available Federal Bank Ltd. 2.54 P1+
Plan (SWP) GE Capital Services India. ** 1.31 AAA
HDFC Bank Ltd. 2.00 A1+
Systematic Transfer : Available Godrej Consumer Products Ltd. ** 1.05 A1+
Plan (STP) IDBI Bank Ltd. 2.00 A1+
CitiFinancial Consumer Finance India Ltd. ** 0.42 AA
ING Vysya Bank Ltd. 1.82 P1+
Plans / Options & NAV (As on November 30, 2010) Kotak Mahindra Prime Ltd. ** 0.39 LAA
Reliance Capital Ltd. 1.49 A1+
Retail Plan LIC Housing Finance Ltd. ** 0.28 AAA
Growth : 17.7292 L&T Finance Ltd. 1.38 PR1+
Daily Dividend : 10.0068 IDBI Home Finance Ltd. 1.37 A1+ Export-Import Bank of India ** 0.14 AAA
(Reinvestment) IDFC Ltd. ** 0.07 AA+
Weekly Dividend : 10.0077 ECL Finance Ltd. 1.08 P1+
(Payout & Reinvestment) ICICI Securities Primary Dealership Ltd. 0.69 P1+ Aditya Birla Nuvo Ltd. ** 0.01 AA+
Fortnightly Dividend : 11.2982 Tata Motors Ltd. 0.69 P1+
Monthly Dividend : 10.2532 Standard Chartered investment & loan ltd 0.48 P1+ PSU/PFI Bonds/Banks 0.70
(Payout, Reinvestment & Cholamandalam Investment & Finance com. Ltd. 0.34 P1+ Small Industries Development Bank of India. ** 0.41 AAA
Sweep Option)
Institutional Plan L&T Infrastructure Finance Company Ltd. 0.34 A1+ Indian Railway Finance Corporation Ltd. ** 0.28 AAA
Growth : 18.1623 Corporation Bank 0.34 P1+ Rural Electrification Corporation Ltd. ** 0.01 AAA
Daily Dividend : 10.0068 Bank of India 0.34 P1+
(Reinvestment)
Weekly Dividend : 10.0079 ICICI Bank Ltd. 0.20 A1+ Securitised Debt 0.05
Fortnightly Dividend : 10.8700 Tata Capital Ltd. ** 0.05 CARE AA+(SO)
(Payout & Reinvestment) Bills Discounted 17.95
Monthly Dividend : 10.2772 HDFC Bank Ltd. 13.48
(Payout, Reinvestment & Cash & Current Assets 20.94
Sweep Option)
IndusInd Bank Ltd. 4.47
Benchmark : CRISIL Short-Term Bond Fund Floating Rate Instruments 13.10 Total Net Assets 100.00
Index
HDFC Ltd. 5.47 AAA
** Represents thinly traded/ non traded securities and illiquid securities.Total Percentage of thinly/non traded securities is 4.41 %.
Entry Load : Nil
Exit Load : Nil
Other Parameter
Mark to Market : -
Standard Deviation
Retail Plan : 0.28%
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Birla Sun Life Savings Fund - Institutional Plan
Ultra Short Term Debt Scheme - Institutional (120 Schemes), 18 months & 3 years ended 30-Nov-10
Note:
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Birla Sun Life Ultra Short Term Fund

ective
Credit Quality
Interest Rate An open-ended short term income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a
diversified portfolio of debt and money market securities with relatively low levels of interest rate risk.
High
Mid
Low
8
7.04 7.15
7 6.46 6.72 6.53
6.15
Fund Details 6
5.12 AAA 60.80%
5 4.51
Fund Manager : Mr. Kaustubh Gupta &
% Returns
4
Mr. Lokesh Mallya 3
Managing Fund Since : September 29, 2009
Date of inception : April 19, 2002 1
Cash & 39.20%
Nature of the scheme : An Open-ended Short Term 0 Current Assets
Income Scheme 1 Year 3 Years 5 Years Since Inception
Key Features Birla Sun Life Ulta Short Term Fund - Retail Plan - Growth CRISIL Short-Term Bond Fund Index
Default option : Appln of less than ` 2 cr - Retail Past performance may or may not be sustained in future. Returns are in % and absolute returns for
Plan - Fortnightly Dividend period less than 1 year & CAGR for period 1 year or more.
Reinvestment
` 2 cr - Institutional Plan -
Fortnightly Dividend Portfolio & Asset Allocation
Reinvestment
Issuer % to Net Rating Issuer % to Net Rating
Retail Plan
Assets Assets
Money Market Instruments 60.80 Canara Bank 2.36 P1+
Additional Purchase : ` 1000/-
Institutional Plan Central Bank of India 10.19 PR1+ Bank of Baroda 2.34 A1+
Dena Bank 8.44 P1+ State Bank of Bikaner and Jaipur 2.33 P1+
Redemption Cheques : Within 10 working days South Indian Bank 6.78 PR1+ State Bank of Hyderabad 1.69 A1+
issued
Andhra Bank 3.99 PR1+ Bank of India 1.66 P1+
Plan (SIP) IDBI Bank Ltd. 3.80 P1+
Systematic Withdrawal : Available State Bank of Patiala 3.71 P1+ Cash & Current Assets 39.20
Plan (SWP)
Systematic Transfer : Available Punjab National Bank 3.40 PR1+
Plan (STP) Dhanalakshmi Bank 3.40 PR1+ Total Net Assets 100.00
Plans / Options & NAV (As on November 30, 2010) IDBI Bank Ltd. 3.39 A1+
Retail Plan Kotak Mahindra Bank Ltd. 3.34 P1+
Growth : 17.2475
(Reinvestment)
(Payout, Reinvestment &
Sweep Option)
Institutional Plan
Growth : 11.3769
(Reinvestment)
Benchmark : CRISIL Short-Term Bond Fund

Index

Entry Load : Nil
Exit Load** : For redemption/switch-out of units
within 15 days from the date of
allotment: 0.25% of applicable
NAV.
**Exit Load is NIL for units issued in Bonus
& Dividend Reinvestment.
Other Parameter
Mark to Market : -
Standard Deviation : 0.31%
CRISIL~CPR 2^^ CRISIL~CPR 2^^

Birla Sun Life Ultra Short Term Fund - Retail Plan Birla Sun Life Ultra Short Term Fund- Institutional Plan
Ultra Short Term Debt Schemes (40 Schemes), 1yr ended 30-Sep-10 Ultra Short Term Debt Schemes-Inst (27 Schemes), 1yr ended 30-Sep-10
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Value Research Rating#
Birla Sun Life Ultra Short Term Fund- Institutional Plan
Ultra Short Term Debt Schemes-Inst (120 Schemes), 18 months & 3 years ended 30-Nov-10
Note:
returns, source: MFI Explorer.
08
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l Birla Sun Life Dynamic
Bond Fund

ective
Credit Quality
Interest Rate An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio
by investing in high quality debt and money market instruments.
High
Mid
Low
12
10 9.61 AAA 42.07%

8.54
Fund Details 8 7.89
6.02 AA 25.26%
% Returns
Fund Manager : Mr. Maneesh Dangi 6 5.28 5.55 5.34
Managing Fund Since : June 18, 2009 4.52
Total Experience : 10 years 4 Sovereign 23.90%
Date of inception : September 27, 2004
2
Nature of the scheme : An Open-ended Income Scheme Cash &
7.00%
Current Assets
0
Key Features 1 Year 3 Years 5 Years Since Inception
Default option : Quarterly Dividend Reinvestment Birla Sun Life DBF - Retail - Growth Crisil Composite Bond Fund Index Unrated 1.76%
Retail Monthly Dividend Sweep Option Past performance may or may not be sustained in future. Returns are in % and absolute returns for
Fresh Purchase : ` 5 lacs period less than 1 year & CAGR for period 1 year or more.
For Other Option
Fresh Purchase : ` 5000/- Portfolio & Asset Allocation
Redemption Cheques : Within 10 working days Issuer % to Net Rating Issuer % to Net Rating
issued Assets Assets
Plan (SIP) Corporate Debt 38.16 07.47% OIL MKT CO GOI BOND 2012 0.30 Sovereign
Systematic Withdrawal : Available Reliance Utilities & Power Pvt. Ltd. ** 6.38 AAA(SO)
Plan (SWP)
Systematic Transfer : Available Reliance Ports & Terminals Ltd. ** 5.93 AAA Floating Rate Instruments 18.02
Plan (STP)
LIC Housing Finance Ltd. 4.79 AAA Power Finance Corporation Ltd. 8.05 AAA
Plans / Options & NAV (As on November 30, 2010) Tata Capital Ltd. ** 2.94 AA+ Reliance Capital Ltd. 4.60 AAA
Retail Growth : 15.9906
Retail Quarterly Dividend : 11.2333 Tata Sons Ltd. ** 2.67 AAA HDFC Ltd. 3.32 LAAA
Sweep Option) LIC Housing Finance Ltd. ** 2.56 AAA ICICI Bank Ltd. 1.18 AAA
Retail Monthly Dividend : 10.4534
(Payout, Reinvestment & Sundaram Finance Ltd. ** 2.39 AA+ Axis Bank Ltd. 0.77 LAA+
Sweep Option)
Aditya Birla Nuvo Ltd. ** 2.31 LAA+ Union Bank of India 0.10 AAA
Retail Monthly Dividend
sweep option also available RHC Holding Private Ltd. ** 1.76 Unrated
(w.e.f Jan 12, 2009)
Tata Capital Ltd. ** 1.42 LAA+ Securitised Debt 10.87
Benchmark : CRISIL Composite Bond Fund
Reliance Industries Ltd. ** 1.41 AAA Tata Capital Ltd. ** 9.69 CARE AA+(SO)
Index
Sundaram Finance Ltd. ** 0.98 LAA+ North Delhi Power Ltd. ** 1.18 LAA-(SO)
Load Structure (Incl. for SIP) Mundra Port & Special Economic Zone Ltd. ** 0.90 AA(SO)
Entry Load : Nil
Mahindra & Mahindra Financial Services Ltd. ** 0.61 AA+ PSU/PFI Bonds/Banks 2.05
Exit Load** : For redemption/switch-out of units Bajaj Finance Ltd. ** 0.52 LAA+ National Housing Bank ** 0.97 AAA
allotment: 0.50% of applicable Kotak Mahindra Prime Ltd. ** 0.52 LAA IDBI Bank Ltd. ** 0.96 AA+
NAV. For redemption/switch-out of
units after 180 days but before 270 IDFC Ltd. ** 0.08 AA+ Rural Electrification Corporation Ltd. ** 0.10 AAA
days from the date of allotment:
Power Finance Corporation Ltd. ** 0.02 AAA
0.20% of applicable NAV. For
redemption/switch-out of units Government Bond 23.90
after 270 days from the date of
allotment: Nil 07.99% CGL 2017 13.46 Sovereign Cash & Current Assets 7.00
& Dividend Reinvestment. 08.26% GOVT.STOCK 2027 4.23 Sovereign
8.08% GOI 02Aug 2022 3.35 Sovereign Total Net Assets 100.00
Other Parameter 08.13% CGL 21Sep22 2.08 Sovereign
Modified Duration : 2.96 Years 07.80% CGL 2020 0.48 Sovereign
Mark to Market : - ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 46.29 %
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Birla Sun Life Dynamic Bond Fund
Debt: Income (52 Schemes), 18 months & 3 years ended 30-Nov-10
Note:
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Term Plan

bjective
Credit Quality
Interest Rate The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in
order to make regular dividend payments to unitholders & secondary objective is growth of capital.
High
Mid
Low
7
6 5.69 5.81 AAA 77.31%
5.35
Fund Details 5 4.51
4
% Returns
Fund Manager : Mr. Maneesh Dangi & Cash &
14.97%
Current Assets
Mr. Kaustubh Gupta 3
Total Experience : 10 years & 5 years
1 AA 6.47%
Date of inception : March 25, 2009
Nature of the scheme : An Open-ended Income Scheme 0
1 Year Since Inception
Key Features Birla Sun Life Medium Term Plan - Retail - Growth Crisil Short Term Bond Fund Index Other 1.24%
Default option : Default Plan : Retail Past performance may or may not be sustained in future. Returns are in % and absolute returns for
Default Option : Growth period less than 1 year & CAGR for period 1 year or more.
Default Facility : Fortnightly
Dividend Reinvestment
Retail Plan
For Institutional Plan Portfolio & Asset Allocation
Additional Purchase : ` 10,000/- Issuer % to Net Rating Issuer % to Net Rating
Redemption Cheques : Within 10 working days Assets Assets
issued
Systematic Investment : Available Money Market Instruments 67.82 CitiFinancial Consumer Finance India Ltd ** 3.41 AA
Plan (SIP) Kotak Mahindra Bank Ltd. 12.74 P1+ Kotak Mahindra Prime Ltd. ** 2.23 LAA
Systematic Withdrawal : Not Available
Plan (SWP) NABARD 11.20 P1+
Kotak Mahindra Investments Ltd. ** 1.24 A1+
Systematic Transfer : Available Vijaya Bank 7.67 PR1+
Plan (STP) Kotak Mahindra Prime Ltd. ** 1.23 P1+
Tata Teleservices Ltd. 7.15 PR1+
Canara Bank 6.95 P1+ Tata Capital Ltd. ** 0.59 AA+
Retail Plan Reliance Capital Ltd. 3.89 A1+ Bajaj Finance Ltd. ** 0.25 AA+
South Indian Bank 3.68 PR1+ LIC Housing Finance Ltd. ** 0.15 AAA
(Reinvestment)
Fortnightly Dividend : 10.1698 Bank of Baroda 3.01 A1+
(Payout & Reinvestment) Oriental Bank of Commerce 2.43 P1+
Monthly Dividend : 10.1835 Bills Discounted 1.24
(Payout, Reinvestment & Yes Bank Ltd. 2.43 P1+
Sweep Option) Kotak Mahindra Prime Ltd. 2.43 P1+ HDFC Bank Ltd. 1.24
Quarterly Dividend : 10.2074
(Payout, Reinvestment & Corporation Bank 1.78 P1+
Sweep Option) JM Finanical Products Pvt. Ltd. 1.24 P1+
Growth : 10.9983 Cash & Current Assets 14.97
Institutional Plan IDBI Bank Ltd. 1.22 P1+
(Reinvestment) Total Net Assets 100.00
Corporate Debt 15.96
(Payout & Reinvestment) HDFC Ltd. ** 6.86 AAA
(Payout, Reinvestment & ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 15.96 %
Sweep Option)
Quarterly Dividend : 10.2246
Sweep Option)
Growth : 10.6727
Benchmark : CRISIL Short Term Bond Fund

Index

Entry Load : Nil
Exit Load** : 0.25% if redeemed / switched out
allotment
**Exit Load is NIL for units
issued in Bonus & Dividend Reinvestment.
Other Parameter
Mark to Market : -
Standard Deviation
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Value Research Rating CRISIL~CPR 2^^
Birla Sun Life Medium Term Plan - Retail Plan Birla Sun Life Medium Term Plan - Retail Plan
Debt: Income (52 Schemes), 18 months & 3 years ended 30-Nov-10 Debt: Medium Term (31 Schemes), 18 months & 3 years ended 30-Sep-10
Note:
monthly returns, source: MFI Explorer.
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Birla Sun Life Income Plus

ective
Credit Quality
Interest Rate An open-ended income scheme with the objective to generate consistent income through superior yields on its investments at moderate levels
of risk through a diversified investment approach.
High

Low 12
10.09
10 Sovereign 85.70%
8.53 8.29
8
Fund Details
6.02
% Returns
6 5.55 AAA 8.15%
Fund Manager : Mr. Prasad Dhonde 4.52
4
Managing Fund Since : Jan 11, 2010
Total Experience : 11 years 2.09 Cash &
2 5.18%
Current Assets
Date of inception : October 21, 1995
AA 0.96%
Key Features Birla Sun Life Income Plus Growth CRISIL Composite Bond Fund Index
Default option : Dividend Reinvestment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Fresh Purchase : ` 5000/- 1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
Redemption Cheques : Within 10 working days
issued Portfolio & Asset Allocation
Plan (SIP) Issuer % to Net Rating Issuer % to Net Rating
Systematic Withdrawal : Available Assets Assets
Plan (SWP) Government Bond 85.70 Infrastructure Leasing & Financial Services Ltd.** 0.23 LAAA
Systematic Transfer : Available
Plan (STP) 08.13% CGL 21Sep22 57.64 Sovereign
8.08% GOI 02Aug 2022 27.53 Sovereign PSU/PFI Bonds/Banks 1.70
Growth : 42.7866 08.20% CGL 2022 0.46 Sovereign IDBI Bank Ltd.** 0.96 AA+
Dividend : 11.4661
08.24% CGL 2027 0.08 Sovereign ICICI Bank Ltd.** 0.74 AAA
Benchmark : CRISIL Composite Bond Fund Corporate Debt 7.41 Cash & Current Assets 5.18
Index
Reliance Ports & Terminals Ltd.** 4.60 AAA
Reliance Gas Transpotation Infra Ltd.** 2.58 AAA Total Net Assets 100.00
Entry Load : Nil ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 9.12%.

allotment
**Exit Load is NIL for units issued in
Bonus & Dividend Reinvestment.
Other Parameter
Mark to Market : -
CRISIL~CPR 1^^
Birla Sun Life Income Plus
Consistent CPR Performer-Debt (14 Schemes), 5 Yrs ended 30-Sep-10
Note:
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Birla Sun Life Income Fund

ective
Credit Quality
Interest Rate An open-ended income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified
portfolio of debt and money market securities.
High

Low 12
10 9.55
AAA 65.38%
8.04
8 7.19
Fund Details
6.02
% Returns
6 5.55
Fund Manager : Mr. Shaktie Prakash 4.52
4 3.40 Sovereign 31.10%
Managing Fund Since : Jan 11, 2010
Total Experience : 6 years 2
Cash &
1 Year 3 Years 5 Years Since Inception 3.52%
Birla Sun Life Income Fund Growth CRISIL Composite Bond Fund Index Current Assets
Key Features
Default option : Dividend Reinvestment
1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
Plan (SIP) Issuer % to Net Rating Issuer % to Net Rating
Systematic Withdrawal : Available Assets Assets
Plan (SWP) Corporate Debt 34.97 Floating Rate Instruments 14.80
Small Industries Development Bank of India. ** 12.39 CARE AAA Reliance Capital Ltd. 14.80 AAA
Plan (STP)
Godrej Consumer Products Ltd. ** 6.35 A1+
Growth : 35.0666 Kotak Mahindra Prime Ltd. ** 6.22 P1+ PSU/PFI Bonds/Banks 13.61
Quarterly Dividend : 11.1900 National Housing Bank ** 6.11 AAA Hindustan Petroleum Corporation Ltd. ** 7.42 AAA
Sweep Option) Reliance Industries Ltd. ** 2.50 AAA Rural Electrification Corporation Ltd. ** 6.19 AAA
Half Yearly Dividend : 11.6682
(Payout, Reinvestment & Reliance Gas Transpotation Infrastructure Ltd ** 1.41 AAA
Sweep Option) Money Market Instruments 2.00
54 EA Growth : 35.0423
54 EA Dividend : 10.5684 Bank of Baroda 2.00 A1+
Government Bond 31.10
54 EB Growth : 34.8216
54 EB Dividend : 15.4578 8.08% GOI 02Aug 2022 18.76 Sovereign
Cash & Current Assets 3.52
08.13% CGL 21Sep22 11.32 Sovereign
Benchmark : CRISIL Composite Bond Fund
Index 07.35% CGL 2024 0.92 Sovereign
Total Net Assets 100.00
06.05% CGL 2019 FEB 0.09 Sovereign
Entry Load : Nil ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 48.59%.
within180 days from the date of
allotment
**Exit Load is NIL for units issued in Bonus &
Dividend Reinvestment.
Other Parameter
Mark to Market : -
Standard Deviation
Retail Plan : 1.27%
54 EA Growth : 1.27%
54 EB Growth : 1.27%
Note:
monthly returns, source: MFI Explorer
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Short Term Plan

ctive
Credit Quality
Interest Rate The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate
debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.
High
Mid
Low
8
7 6.53 6.72 6.56 6.61 6.47 6.24 6.22
6 5.64
Fund Details Cash & 59.61%
5 Current Assets
% Returns
Fund Manager : Mr. Prasad Dhonde & 4
Ms. Sunaina Da Cunha 3
Date of inception : June 05, 2003 1
AAA 40.39%
15 days 1 Month 3 Months Since Inception
Key Features Birla Sun Life Floating Rate Fund - STP - Growth CRISIL Liquid Fund Index
Default option : Appln of less than ` 5 cr - Daily Past performance may or may not be sustained in future. Returns are in % and simple annualized for
Dividend Reinvestment period less than 1 year & CAGR for period 1 year or more.
Dividend Reinvestment
Retail Plan Portfolio & Asset Allocation
Additional Purchase : ` 1000/- Issuer % to Net Rating Issuer % to Net Rating
Institutional Plan Assets Assets
Fresh Purchase : ` 5 Crore Money Market Instruments 40.39 Union Bank of India 4.32 P1+
Additional Purchase : ` 1 Lac
Canara Bank 13.00 P1+
Redemption Cheques : Within 10 working days State Bank of Mysore 8.66 A1+ Cash & Current Assets 59.61
issued
Indian Oil Corporation Ltd. 7.23 P1+
Systematic Investment : NA
Plan (SIP) State Bank of Hyderabad 7.19 A1+ Total Net Assets 100.00
Plan (SWP)
Plan (STP)

Retail Plan
Growth : 15.7223
Daily Dividend (Reinvestment) : 10.0015
Dividend (Reinvestment) : 10.3818
Institutional Plan
Growth : 12.6698
Daily Dividend (Reinvestment) : 10.0000
Weekly Dividend (Reinvestment) : 10.0148
(Reinvestment)
Benchmark : CRISIL Liquid Fund Index
Load Structure
Entry Load : Nil
Exit Load : Nil
Other Parameter
Standard Deviation
Retail Plan : 0.30%
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Value Research Rating Value Research Rating
Note:
Birla Sun Life Floating Rate Fund- Short Term - Retail Birla Sun Life Floating Rate Fund- Short Term - Inst
Standard Deviation is calculated on annualised basis using 1 year history of Debt: Ultra Short Term (120 Schemes), 18 months & 3 years ended 30-Nov-10 Debt: Ultra Short Term (120 Schemes), 18 months & 3 years ended 30-Nov-10
monthly returns, source: MFI Explorer.
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Birla Sun Life Gilt Plus

Credit Quality
Interest Rate An open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively
in Government Securities.
High
Mid Investment Performance - Liquid Plan Rating Profile - Liquid Plan
Low 9
8 7.89
7.43 7.31
7 6.43
6
% Returns
5.47
Fund Details 5.06
5 4.52
4
Fund Manager : Mr. Shaktie Prakash 3 Cash & 100.00%
Managing Fund Since : June 18, 2009 2 Current Assets
Date of inception : October 12, 1999 1
Nature of the scheme : An Open-ended Government 0
Securities Scheme
Birla Sun Life Gilt Plus - LP Growth I-Sec SI-BEX
Key Features Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Default option : Growth 1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
issued Investment Performance - PF Plan Rating Profile - PF Plan
Plan (SIP) 9
Systematic Withdrawal : Available 8.19 8.33
8 7.26
Plan (SWP)
Systematic Transfer : Available 7
Plan (STP) 6 Sovereign 78.43%
5 4.63
% Returns
4.40
Plans / Options & NAV (As on November 30, 2010) 3.97
4
Liquid Plan
Growth : 21.9551 3
(Quarterly Gain & Annual Gain) 2
Dividend : 10.4387 1 0.84
(Payout, Reinvestment & Cash & 21.57%
Sweep Option) 0 Current Assets
Annual Dividend Option : 10.6334
(Payout, Reinvestment & Birla Sun Life Gilt Plus - PF Growth I-Sec LI-BEX
Sweep Option) Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
PF Plan 1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
Growth : 24.3998
(Quarterly Gain & Annual Gain)
Dividend : 10.1232
(Payout, Reinvestment & Investment Performance - Regular plan Rating Profile - Regular Plan
Sweep Option)
Annual Dividend Option : 18.2817
(Payout, Reinvestment & 12
Sweep Option) 10.77
Regular Plan 10
Growth : 31.2629
(Quarterly Gain & Annual Gain) 8 7.73 8.19 7.52 7.26
Dividend : 12.0082 Sovereign 52.76%
% Returns
(Payout, Reinvestment & 6

Sweep Option) 4.63
Annual Dividend Option : 23.4083 4
Sweep Option) 2 1.12
Benchmark : 0 Cash & 47.24%
Liquid Plan : I-Sec SI-BEX 1 Year 3 Years 5 Years Since Inception Current Assets
PF Plan : I-Sec LI-BEX Birla Sun Life Gilt Plus - RP Growth I-Sec LI-BEX
Regular Plan : I-Sec LI-BEX
1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
Liquid Plan, Regular Plan & PF Plan - Quarterly / Annual
Dividend
Entry Load : Nil Portfolio & Asset Allocation - Liquid Plan Portfolio & Asset Allocation - PF Plan
Exit Load : Nil
PF Plan - Growth Issuer % to Net Rating Issuer % to Net Rating
Entry Load : Nil Assets Assets
Exit Load** : 1% if redeemed / switched out Government Bond 78.43
within 365 days from the date of Cash & Current Assets 100.00
allotment 08.13% CGL 21Sep22 78.43 Sovereign
Other Parameter
Average Maturity
Liquid Plan : - Total Net Assets 100.00
PF Plan : 9.27 Years
Regular Plan : 5.75 Years
Modified Duration
Liquid Plan : - Portfolio & Asset Allocation - Regular Plan
PF Plan : 9.15 Years
Regular Plan : 5.75 Years Issuer % to Net Rating
Yield to Maturity Assets
Liquid Plan : 6.42 %
PF Plan : 7.79 % Government Bond 52.76
Regular Plan : 7.18 % 08.13% CGL 21Sep22 22.05 Sovereign
Mark to Market 8.08% GOI 02Aug 2022 21.93 Sovereign
Liquid Plan : - 07.99% CGL 2017 8.78 Sovereign
PF Plan : -
Regular Plan : -
Standard Deviation Cash & Current Assets 47.24
Liquid Plan : 1.69 %
PF Plan : 1.90 % Total Net Assets 100.00
Regular Plan : 1.86 %
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Birla Sun Life Gilt Plus - Liquid Plan
Note: Debt: Gilt Short Term (10 schemes), 18 months & 3 years ended 30-Nov-10
returns, source: MFI Explorer. (Past performance is no guarantee of future results.) for ranking methodology please refer page 54
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Birla Sun Life Government Securities Fund

Credit Quality
Interest Rate An open-ended Gilt scheme with the objective to provide investors current income consistent with a portfolio invested 100% in securities issued
by the Government of India or the State Governments, and the secondary objective is capital appreciation.
High
Mid
Investment Performance - Long Term Plan Rating Profile - Long Term Plan
Low
12
10.64
10 9.67
9.18
Fund Details 8
8.19 8.08
7.26 Sovereign 93.42%
% Returns
Fund Manager : Mr. Maneesh Dangi 6
Managing Fund Since : June 18, 2009 4.63
Nature of the scheme : An Open-ended Gilt Scheme
0 Cash & 6.58%
1 Year 3 Years 5 Years Since Inception Current Assets
Key Features
Default option : Growth Birla Sun Life G-Sec Fund - LTP - Growth I-Sec Li-BEX
For Short Term Retail Plan & Long Term Plan Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Fresh Purchase : ` 5000/- 1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
For Short Term Institutional Plan
Fresh Purchase : ` 5 crores
Additional Purchase : ` 1 lacs Investment Performance - Short Term Plan Rating Profile - Short Term Plan
issued 9
Maximum Subscription 8 7.89
7.43
amount (incl. switch in) 7
Long Term Plan : ` 5 lacs 5.85
6
Systematic Investment : Available 5.02 4.99
% Returns
5 4.52 4.27
Plan (SIP)
Systematic Withdrawal : Available 4
3 Cash &
Plan (SWP) Current Assets
100.00%
Systematic Transfer : Available 2
Plan (STP) 1
0
Plans / Options & NAV (As on November 30, 2010) 1 Year 3 Years 5 Years Since Inception
Long Term Plan Birla Sun Life G-Sec Fund - STP - Growth I-Sec Si-BEX
Growth : 27.8636 Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Dividend : 11.4227 1 year & CAGR for period 1 year or more.When benchmark returns are not available, they have not been shown.
Short Term Plan - Retail

Growth : 18.7860 Portfolio & Asset Allocation - Long Term Plan Portfolio & Asset Allocation - Short Term Plan
Dividend : 10.2190
(Payout & Reinvestment) Issuer % to Net Rating Issuer % to Net Rating
Daily Dividend : 10.0031 Assets Assets
(Reinvestment) Government Bond 93.42 Cash & Current Assets 100.00
(Reinvestment) 08.13% CGL 21Sep22 42.15 Sovereign
Institutional Plan 07.99% CGL 2017 24.08 Sovereign
Daily Dividend : 10.0000 8.08% GOI 02Aug 2022 18.23 Sovereign
07.80 CGL 2020 8.97 Sovereign
Benchmark
Short Term Plan : I-Sec SI-BEX
Long Term Plan : I-Sec LI-BEX Cash & Current Assets 6.58

Entry Load : Nil
Exit Load
Long Term Plan : 1.00% if redeemed / switched out
allotment
& Dividend Reinvestment.
Short Term Plan : Nil
Other Parameter
Average Maturity
Long Term Plan : 9.55 Years
Short Term Plan : -
Modified Duration
Long Term Plan : 9.40 Years
Short Term Plan : -
Yield to Maturity
Long Term Plan : 7.75 %
Short Term Plan : 6.42 %
Mark to Market
Long Term Plan : -
Short Term Plan : -
Standard Deviation
Long Term Plan : 3.43%
Short Term Plan : 0.85%
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Birla Sun Life Government Securities Fund - Long Term Plan
Debt: Gilt Medium & Long Term (31 Schemes), 18 months & 3 years ended 30-Nov-10
Note:
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Birla Sun Life Enhanced Arbitrage Fund
Fund Details Investment Objective
Fund Manager : Mr. Hemang Dagli An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related
Managing Fund Since : Since Inception instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments
Total Experience : 12 years (Cash & Futures).
Date of inception : July 24, 2009
Nature of the scheme : A open-ended Equity Scheme Investment Performance
Key Features 6
4.86 4.71
Default option : Default Plan: Retail Plan
5 4.58
Default Facility: Dividend 3.74
Reinvestment 4
Retail Plan
` 5000/- 3
% Returns
Fresh Purchase :
Additional Purchase : ` 1000/- 2
Institutional Plan
Fresh Purchase : ` 5,00,00,000/- 1
issued 1 Year Since Inception
Systematic Investment : Available Past performance may or may not be sustained in future. Returns are in % and
Plan (SIP) Birla Sun Life Enhanced Arbitrage Fund Retail - Growth Crisil Liquid Fund Index absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan (SWP)
Plan (STP) Portfolio & Asset Allocation
Issuer % to Net Issuer % to Net
Plans / Options & NAV (As on November 30, 2010) Assets Assets
Retail Plan Auto 18.82 Construction Project 6.82
Dividend : 10.3754 Tata Motors Ltd. 9.76 GMR Infrastructure Ltd. 6.82
(Payout & Reinvestment & Sweep) Ashok Leyland Ltd. 9.06
Growth : 10.6244
Institutional Plan Future and Options -79.27
Dividend : - Consumer Non Durables 17.82 GMR Infrastructure Ltd Futures Dec 2010 -6.88
(Payout & Reinvestment & Sweep) Shree Renuka Sugars Ltd. 8.93 Tata Steel Ltd. Futures Dec 2010 -8.42
Growth : -
ITC Ltd. 8.89 Sterlite Industries (India) Ltd Futures Dec 2010 -8.89
Benchmark : Crisil Liquid Fund Index ITC Ltd. Futures Dec 2010 -8.92
Power 9.10 Shree Renuka Sugars Futures Dec 2010 -8.95
Reliance Infrastructure Ltd. 9.10 GTL Ltd. Futures Dec 2010 -9.12
Load Structure (Incl for SIP)
Entry Load : Nill Ashok Leyland Ltd. Futures Dec 2010 -9.14
Telecom - Equipment & Accessories 9.03 Reliance Infrastructure Ltd Futures Dec 2010 -9.17
Exit Load** : For Redemption / Switch-out of
GTL Ltd. 9.03 Tata Motors Ltd. Futures Dec 2010 -9.79
units before 90 days from the
date of allotment: 0.75%. For
Redemption/Switch-out of units Cash & Cash Equivalents 34.49
Non - Ferrous Metals 8.81
on or after 90 days but before
180 days from the date of Sterlite Industries (India) Ltd. 8.81
allotment: 0.50%. For Net receivables / payables 65.98
Redemption/Switch-out of units
on or after 180 days from the date Ferrous Metals 8.40
of allotment: Nil Tata Steel Ltd. 8.40 Total Net Assets 100.00
**Exit Load is NIL for units issued
in Bonus & Dividend Reinvestment.
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l Birla Sun Life Monthly Income
An open-ended scheme. Monthly income is not assured and is subject
to availability of distributable surplus

Credit Quality
Interest rate
An open-ended income scheme with the primary investment objective to generate regular income so as to make monthly and quarterly
High Mid Low sensitivity distributions to Unit holders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of
distributable surplus
High

Low 14
11.94
12 AAA 61.48%
10.14
10
Fund Details 8.38 7.86
8 7.65 Other 11.95%
6.42 5.95
% Returns
Fund Manager : Mr. Satyabrata Mohanty & 6
Cash &
Mr. Nishit Dholakia 11.79%
4 Current Assets
AA 11.21%
Date of inception : July 14, 1999 0
Nature of the scheme : An Open-ended Income Scheme 1 Year 3 Years 5 Years Since Inception
Sovereign 3.57%
Birla Sun Life Monthly Income - Growth Crisil MIP Blended Index
Key Features Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Default Plan / Option : Growth / Dividend Reinvestment 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
For Monthly & Quarterly Dividend
For Growth Plan Portfolio & Asset Allocation
Additional Purchase : ` 1000/- Issuer % to Net Rating Issuer % to Net Rating
Redemption Cheques : Within 10 working days Assets Assets
issued Debt Allocation 76.26 Ashok Leyland Ltd. 0.28
Plans / Options & NAV (As on November 30, 2010) Money Market Instruments 48.39 Pesticides 0.58
Monthly Dividend : 11.4375 Punjab National Bank 12.76 PR1+ Rallis India Ltd. 0.58
(Payout, Reinvestment & Bank of Baroda 12.70 A1+
Sweep Option) Central Bank of India 7.17 PR1+ Auto Ancillaries 0.50
Quarterly Dividend : 12.0045 HDFC Bank Ltd. 6.32 A1+
Motherson Sumi Systems Ltd. 0.27
Corporation Bank 4.23 P1+ Phillips Carbon Black Ltd. 0.23
Sweep Option)
Canara Bank 3.92 P1+
Growth : 36.1290
Oriental Bank of Commerce 1.29 P1+ Oil 0.45
Oil & Natural Gas Corporation Ltd. 0.45
Corporate Debt 23.91
Benchmark : CRISIL MIP Blended Index
Sundaram Finance Ltd.** 7.03 LAA+
Fertilisers 0.39
Reliance Ports & Terminals Ltd.** 4.31 AAA
Coromandel International Ltd. 0.39
ICICI Home Finance Company Ltd.** 4.31 LAAA
Load Structure
Reliance Utilities & Power Pvt. Ltd.** 3.57 AAA(SO)
Entry Load : Nil Paper 0.38
Aditya Birla Nuvo Ltd.** 3.50 LAA+
Exit Load** : 1.00% if redeemed / switched out LIC Housing Finance Ltd.** 0.77 AAA Ballarpur Industries Ltd. 0.38
within 365 days from the date of IDFC Ltd.** 0.29 AA+
allotment HDFC Ltd.** 0.12 AAA Industrial Capital Goods 0.32
**Exit Load is NIL for units issued in Thermax Ltd. 0.32
Government Bond 3.57
8.08% GOI 02Aug 2022 2.86 Sovereign Gas 0.31
Other Parameter 07.80% CGL 2020 0.70 Sovereign Indraprastha Gas Ltd. 0.31
Modified Duration : 1.00 Years PSU/PFI Bonds/Banks 0.40 Pharmaceuticals 0.29
Yield to Maturity : 7.41% IDBI Bank Ltd.** 0.38 AA+ Wyeth Ltd. 0.29
Power Finance Corporation Ltd.** 0.01 AAA
(for Debt Component)
Media & Entertainment 0.28
Mark to Market : - Equity Allocation 11.95 Jagran Prakashan Ltd. 0.24
Standard Deviation : 7.86% Hindustan Media Ventures Ltd. 0.04
Sharpe Ratio## : 0.20 Banks 1.90 Magnasound India Ltd. ** #
Allahabad Bank 0.55 Consumer Durables 0.28
ICICI Bank Ltd. 0.44 Blue Star Ltd. 0.28
The South Indian Bank Ltd. 0.28
Minerals/Mining 0.23
Consumer Non Durables 1.55
Nava Bharat Ventures Ltd. 0.23
Asian Paints Ltd. 0.46
Bajaj Corp Ltd. 0.40
Glaxosmithkline Consumer Healthcare Ltd. 0.36 Engineering Services 0.21
Akzo Nobel India Ltd. 0.34 VA Tech Wabag Ltd. 0.21
Software 1.13 Construction Project 0.15

Tata Consultancy Services Ltd. 0.49 Voltas Ltd. 0.15
Infosys Technologies Ltd. 0.48
HCL Technologies Ltd. 0.16 Power 0.15
Gujarat Industries Power Company Ltd. 0.15
Industrial Products 1.10
Cummins (India) Ltd. 0.62 Petroleum Products 0.14
Greaves Cotton Ltd. 0.48 Castrol India Ltd. 0.14
Finance 0.88 Hotels 0.14

Mahindra & Mahindra Financial Services Ltd. 0.29 Taj GVK Hotels & Resorts Ltd. 0.14
Shriram Transport Finance Company Ltd. 0.29
Power Finance Corporation Ltd. 0.29 Cash & Current Assets 11.79
Note: Auto 0.60 Total Net Assets 100.00

Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year Mahindra & Mahindra Ltd. 0.32
history of monthly returns, source: MFI Explorer.
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010).
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 24.31%
#
Indicates less than 0.01
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CRISIL~CPR 1^^ Value Research Rating
Birla Sun Life Monthly Income Birla Sun Life Monthly Income
MIP Conservative Scheme (12 Schemes), 2 years ended 30-Sep-10 Hybrid: Debt - oriented Conservative (46 Schemes),for 3 & 5 years periods ended 30-Nov-10
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l Birla Sun Life MIP

Credit Quality
Interest rate
The primary objective of the scheme is to generate regular income so as to make monthly distributions to unitholders with the secondary
High Mid Low sensitivity objective being growth of capital. Income may be generated through the receipt of coupon payments, the amortization of the discount on debt
instruments, receipt of dividends or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market
High
conditions, invest its net assets primarily in fixed income securities, money market instruments, cash and cash equivalents while at the same
time maintaining a small exposure to equity markets. (Monthly income is not assured and is subject to availability of distributable surplus.)
Mid
Low
12
Fund Details 10.09 AAA
10 57.51%
8.66
Fund Manager : Mr. Satyabrata Mohanty & 8 7.86
7.32 Cash &
Mr. Nishit Dholakia 6.42 6.77 15.94%
5.95 Current Assets
% Returns
Date of inception : November 20, 2000 4 AA 13.48%
Other 12.06%
Key Features 0
Default option :
Dividend Reinvestment / Instant 1 Year 3 Years 5 Years Since Inception
Birla Sun Life MIP - Growth Crisil MIP Bended Index
Payment Sovereign 1.01%
For Monthly Dividend / Payment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Fresh Purchase : ` 25000/- 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
For Growth
Additional Purchase : ` 1000/- Portfolio & Asset Allocation
issued Issuer % to Net Rating Issuer % to Net Rating
Assets Assets
Plans / Options & NAV (As on November 30, 2010) Debt Allocation 72.00 Construction 0.99
Dividend : 11.4474 Sobha Developers Ltd. 0.40
(Payout, Reinvestment & Money Market Instruments 42.20 Sadbhav Engineering Ltd. 0.33
Sweep Option) Union Bank of India 12.27 P1+ Ramky Infrastructure Ltd. 0.23
Monthly Payment / Growth : 26.2394 Sadbhav Engineering Ltd. - Warrant 0.04
Punjab National Bank 10.72 PR1+
(Instant / Deferred)
Central Bank of India 10.41 PR1+
HDFC Bank Ltd. 7.02 A1+ Finance 0.92
Benchmark : CRISIL MIP Blended Index
Punjab and Sind Bank 1.78 PR1+ Shriram Transport Finance Company Ltd. 0.47
Mahindra & Mahindra Financial Services Ltd. 0.45
Load Structure Corporate Debt 20.73
Entry Load : Nil Reliance Ports & Terminals Ltd.** 7.19 AAA Auto 0.91
Sundaram Finance Ltd.** 7.04 LAA+ Tata Motors - DVR 0.32
Exit Load** : 0.25% if redeemed/switched out HDFC Ltd** 2.58 AAA Mahindra & Mahindra Ltd. 0.30
allotment LIC Housing Finance Ltd.** 2.10 AAA Ashok Leyland Ltd. 0.30
**Exit Load is NIL for units issued in IDFC Ltd.** 1.82 AA+
Bonus & Dividend Reinvestment. Non - Ferrous Metals 0.73
PSU/PFI Bonds/Banks 8.06 Sterlite Industries (India) Ltd. 0.43
IDBI Bank Ltd.** 4.62 AA+ Hindalco Industries Ltd. 0.30
Other Parameter
National Housing Bank 1.79 AAA
Power Grid Corporation of India Ltd.** 1.43 AAA Consumer Non Durables 0.61
Power Finance Corporation Ltd.** 0.15 AAA ITC Ltd. 0.31
State Bank of India** 0.08 AAA Bata India Ltd. 0.31
(for Debt Component)
Mark to Market : - Government Bond 1.01 Retailing 0.36
Standard Deviation : 7.47% 06.90% CGL 2019 1.01 Sovereign Trent Ltd. 0.36
##
Sharpe Ratio : -0.01
Equity Allocation 12.06 Textile Products 0.31
S. Kumars Nationwide Ltd. 0.31
Banks 2.46
IndusInd Bank Ltd. 0.79 Power 0.31
ICICI Bank Ltd. 0.47 Torrent Power Ltd. 0.31
HDFC Bank Ltd. 0.45
ING Vysya Bank Ltd. 0.44 Fertilisers 0.30
Kotak Mahindra Bank Ltd. 0.31 Coromandel International Ltd. 0.30
Industrial Capital Goods 1.22 Construction Project 0.30

Crompton Greaves Ltd. 0.48 Voltas Ltd. 0.30
Thermax Ltd. 0.44
Alstom Projects India Ltd. 0.30 Transportation 0.30
Cox & Kings Ltd. 0.30
Pharmaceuticals 1.06
Aurobindo Pharma Ltd 0.45 Consumer Durables 0.29
Cipla Ltd. 0.31 Whirlpool of India Ltd. 0.29
Torrent Pharmaceuticals Ltd. 0.30
Software 0.99
Tata Consultancy Services Ltd. 0.50 Total Net Assets 100.00
Note:
Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year
CRISIL~CPR 1^^
Birla Sun Life MIP
MIP Conservative Scheme (12 Schemes), 2 years ended 30-Sep-10
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l Birla Sun Life MIP II - Wealth 25 Plan

Credit Quality
Interest rate
An open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with
High Mid Low sensitivity the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
High

10 9.21
Low
9 8.31
7.86 7.76 AAA 46.93%
8 7.49
7 6.42
Fund Details 6 5.825.95
Other 20.46%
% Returns
5
4
Fund Manager : Mr. Satyabrata Mohanty &
3 Sovereign 16.18%
Mr. Nishit Dholakia
2
1 Cash &
Total Experience : 12 years & 10 years 12.00%
0 Current Assets
Date of inception : May 22, 2004 1 Year 3 Years 5 Years Since Inception
Nature of the scheme : An Open-ended Income Scheme Birla Sun Life MIP II - Wealth 25 - Growth Crisil MIP Bended Index
AA 4.42%
Past performance may or may not be sustained in future. Returns are in % and absolute returns for
Key Features period less than 1 year & CAGR for period 1 year or more.
For Monthly Dividend / Payment
For Growth
Fresh Purchase : ` 5000/- Issuer % to Net Rating Issuer % to Net Rating
Additional Purchase : ` 1000/- Assets Assets
Debt Allocation 67.53 Cement 0.97
issued Century Textiles and Industries Ltd. 0.37
Money Market Instruments 40.60 Grasim Industries Ltd. 0.32
Plans / Options & NAV (As on November 30, 2010) Central Bank of India 14.58 PR1+ Shree Cements Ltd. 0.28
Dividend : 11.4797 Bank of Baroda 8.31 A1+
(Payout, Reinvestment & HDFC Bank Ltd. 8.27 A1+ Software 0.96
Sweep Option) HCL Technologies Ltd. 0.56
Punjab National Bank 5.28 PR1+
Growth / Payment : 17.7792 Corporation Bank 4.15 P1+ Oracle Financial Services Software Ltd. 0.26
Core Projects & Technologies Ltd. 0.13
Benchmark : CRISIL MIP Blended Index Government Bond 16.18
08.13% CGL 21Sep22 8.48 Sovereign Engineering Services 0.93
07.80% CGL 2020 4.15 Sovereign VA Tech Wabag Ltd. 0.93
Load Structure 8.08% GOI 02Aug 2022 3.17 Sovereign
Entry Load : Nil 07.61% OIL COMP GOI BONDS 2015 0.38 Sovereign Industrial Products 0.63
Bharat Forge Ltd. 0.63
Exit Load** : 1% if redeemed / switched out Corporate Debt 9.42
within 365 days from the date of Reliance Utilities & Power Pvt. Ltd.** 4.21 AAA(SO) Petroleum Products 0.63
allotment Aditya Birla Nuvo Ltd.** 3.10 LAA+ Reliance Industries Ltd. 0.63
Bonus & Dividend Reinvestment. Reliance Ports & Terminals Ltd.** 2.12 AAA
Fertilisers 0.62
PSU/PFI Bonds/Banks 1.33 Chambal Fertilisers and Chemicals Ltd. 0.62
Other Parameter IDBI Bank Ltd.** 1.33 AA+
Average Maturity : 2.70 Years Auto Ancillaries 0.55
Modified Duration : 2.68 Years Equity Allocation 20.46 Motherson Sumi Systems Ltd. 0.40
Phillips Carbon Black Ltd. 0.15
Yield to Maturity : 7.09% Consumer Non Durables 3.35
(for Debt Component) United Breweries Ltd. 0.58 Transportation 0.54
Mark to Market : - United Spirits Ltd. 0.45 Cox & Kings Ltd. 0.31
Titan Industries Ltd. 0.43 Arshiya International Ltd. 0.23
Sharpe Ratio## : -0.09 Bata India Ltd. 0.38 Pesticides 0.48
Bajaj Corp Ltd. 0.32 Rallis India Ltd. 0.48
Radico Khaitan Ltd. 0.32
Glaxosmithkline Consumer Healthcare Ltd. 0.31 Non - Ferrous Metals 0.46
Zydus Wellness Ltd. 0.19 Hindalco Industries Ltd. 0.46
Banks 2.01 Telecom-Services 0.45

ICICI Bank Ltd. 0.72 Bharti Airtel Ltd. 0.45
Federal Bank Ltd. 0.46 Consumer Durables 0.40
United Bank Of India 0.28 Whirlpool of India Ltd. 0.40
Finance 1.86 Media & Entertainment 0.40

HDFC Ltd. 0.58 HT Media Ltd. 0.24
ICRA Ltd. 0.46 DQ Entertainment International Ltd. 0.16
IDFC Ltd. 0.38 Construction 0.38
Ramky Infrastructure Ltd. 0.20
Pharmaceuticals 1.47 JMC Projects (India) Ltd. 0.17
Aurobindo Pharma Ltd. 0.53 Retailing 0.34
Pfizer Ltd. 0.33 Pantaloon Retail (India) Ltd. 0.34
Agre Developers Ltd.** #
Auto 1.37
Tata Motors Ltd. 0.52 Construction Project 0.33
Bajaj Auto Ltd. 0.45 Lanco Infratech Ltd. 0.33
Maruti Suzuki India Ltd. 0.40
Industrial Capital Goods 1.36
Crompton Greaves Ltd. 0.53 Total Net Assets 100.00
Thermax Ltd. 0.47
Note: Bharat Heavy Electricals Ltd. 0.36
history of monthly returns, source: MFI Explorer. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 10.75%
#
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010). Indicates less than 0.01
CRISIL~CPR 2^^
Birla Sun Life MIP II - Wealth 25 Plan
MIP Aggressive Scheme (21 Schemes), 2 years ended 30-Sep-10
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l Birla Sun Life MIP II - Savings 5 Plan

Credit Quality
Interest rate
An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders
High Mid Low sensitivity with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
High

14
Low
12 11.49 AAA 74.96%
10 9.83
8.60 Cash &
Fund Details 8 7.86 7.76 11.24%
Current Assets
6.42
% Returns
5.47 5.95
6
Fund Manager : Mr. Satyabrata Mohanty & Other 6.92%
Mr. Nishit Dholakia 4
2
Total Experience : 12 years & 10 years Sovereign 6.51%
Date of inception : May 22, 2004 0
Nature of the scheme : An Open-ended Income Scheme
Birla Sun Life MIP II - Savings 5 - Growth Crisil MIP Bended Index AA 0.36%
Key Features Past performance may or may not be sustained in future. Returns are in % and absolute returns for
period less than 1 year & CAGR for period 1 year or more.
Default option : Growth / Dividend Reinvestment
For Monthly Dividend / Payment
For Growth
Fresh Purchase : ` 5000/- IIssuer
ssuer % to
t Net
N t Rating
R ti g Issuer % to Net Rating
Additional Purchase : ` 1000/- Assets
A
Asset ts Assets
Redemption Cheques : Within 10 working days HCL Technologies Ltd. 0.12
issued Debt Allocation 81.84
Tata Consultancy Services Ltd. 0.09
Money Market Instruments 42.38 Wipro Ltd. 0.08
Plan (SIP)
Systematic Withdrawal : Available HDFC Bank Ltd. 10.16 A1+
Plan (SWP) NABARD 8.48 P1+ Auto 0.42
Systematic Transfer : Available Indian Bank 8.47 P1+ Bajaj Auto Ltd. 0.17
Plan (STP) Bank of Baroda 7.66 A1+ Maruti Suzuki India Ltd. 0.13
Federal Bank Ltd. 4.22 P1+ Tata Motors Ltd. 0.12
Plans / Options & NAV (As on November 30, 2010) IDBI Bank Ltd. 2.12 A1+
Monthly Dividend : 11.2371 Corporation Bank 1.28 P1+ Industrial Products 0.39
(Payout, Reinvestment & Cummins (India) Ltd. 0.23
Sweep Option) Corporate Debt 17.30 Greaves Cotton Ltd. 0.16
Monthly Payment / Growth : 17.2184 LIC Housing Finance Ltd.** 8.60 AAA
Reliance Utilities & Power Pvt. Ltd.** 3.44 AAA(SO) Industrial Capital Goods 0.36
Benchmark : CRISIL MIP Blended Index Small Industries Development Bank of India** 2.12 AAA Thermax Ltd. 0.21
Tata Sons Ltd.** 2.10 AAA Bharat Heavy Electricals Ltd. 0.10
ICICI Home Finance Company Ltd.** 0.43 LAAA Bharat Bijlee Ltd. 0.05
Load Structure (Incl. for SIP) Reliance Industries Ltd.** 0.35 AAA
Entry Load : Nil
HDFC Ltd.** 0.26 AAA Auto Ancillaries 0.33
Exit Load** : 1% if redeemed / switched out Motherson Sumi Systems Ltd. 0.18
within 365 days from the date of PSU/PFI Bonds/Banks 9.10 Bosch Ltd. 0.16
allotment National Housing Bank 8.18 AAA
Bonus & Dividend Reinvestment. Power Finance Corporation Ltd.** 0.56 AAA Cement 0.27
IDBI Bank Ltd.** 0.36 AA+ Century Textiles and Industries Ltd. 0.15
Grasim Industries Ltd. 0.12
Other Parameter Floating Rate Instruments 6.54
Average Maturity : 1.90 Years Power Finance Corporation Ltd. 4.42 AAA Media & Entertainment 0.27
Modified Duration : 1.88 Years Reliance Capital Ltd. 2.13 AAA D.B. Corp Ltd. 0.15
Yield to Maturity : 8.14% Jagran Prakashan Ltd. 0.12
(for Debt Component) Government Bond 6.51
Mark to Market : - 08.13% CGL 21Sep22 6.51 Sovereign Power 0.25
Standard Deviation : 8.84% Gujarat Industries Power Company Ltd. 0.13
Equity Allocation 6.92
Sharpe Ratio## : 0.53 Kalpataru Power Transmission Ltd. 0.12
Engineering Services 0.25
Glaxosmithkline Consumer Healthcare Ltd. 0.29
VA Tech Wabag Ltd. 0.25
Titan Industries Ltd. 0.18
Fertilisers 0.20
Akzo Nobel India Ltd. 0.17
Coromandel International Ltd. 0.20
Dabur India Ltd. 0.16
Godrej Consumer Products Ltd. 0.15
Bajaj Corp Ltd. 0.10 Construction Project 0.17
Voltas Ltd. 0.17
Pharmaceuticals 0.82
Cadila Healthcare Ltd. 0.28 Consumer Durables 0.13
Glaxosmithkline Pharmaceuticals Ltd. 0.18 Blue Star Ltd. 0.13
Wyeth Ltd. 0.17 Engineering 0.12
Engineers India Ltd. 0.12
Banks 0.61
United Bank Of India 0.26 Non - Ferrous Metals 0.10
ICICI Bank Ltd. 0.18 Hindalco Industries Ltd. 0.10
Federal Bank Ltd. 0.17
Retailing 0.00
Finance 0.50 Agre Developers Ltd.** #
ICRA Ltd. 0.27
Note: CRISIL Ltd. 0.23 Cash & Current Assets 11.24
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010). Software 0.46 Total Net Assets 100.00
#
i
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#
Birla Sun Life MIP II Savings 5 Plan

Hybrid: Debt-oriented Conservative (46 Schemes),for 3 & 5 years periods ended 30-Nov-10
20
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Sa tion
S o lu Birla Sun Life Tax Relief ‘96
An open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years

Investment Style
An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target
Value Blend Growth Size
allocation of 80% equity, 20% debt and money market securities
Large
Mid Investment Performance
Small 35 31.87
30
25
Fund Details
20 16.60 16.43 17.48 17.07
14.28
% Returns
15
Fund Manager : Mr. Ajay Garg
Managing Fund Since : October 01,2006 10
Date of inception : March 29, 1996 3 Years
0
Nature of the scheme : An Open-ended ELSS Scheme -0.04
-5 1 Year 5 Years Since Inception
-3.07
Key Features Past performance may or may not be sustained in future. Returns are in % and
Default option : Dividend Payout Birla Sun Life Tax Relief ‘96 - Dividend BSE 200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Fresh Purchase : ` 500/- Returns assume reinvestment of the tax free dividend declared.
issued
Systematic Investment : Available Systematic Investment Plan (SIP)
Plan (SIP)
Systematic Withdrawal : Not Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Tax Relief ‘96...
Plan (SWP)
Systematic Transfer : Not Available Value (`) of SIP in Returns (%)*
Plan (STP) Investment Period Total Investment
(`) Birla Sun Life Birla Sun Life Tax
BSE 200 BSE 200
Tax Relief ‘96 Relief ‘96
Dividend : 89.92 Since Inception 176000 747090 2138636 17.88 30.08
(Payout, Reinvestment & Sweep)
Growth (w.e.f. 06/03/08) : 12.13 Last 5 years 60000 88166 89577 15.40 16.04
Benchmark : BSE 200 Last 3 years 36000 49453 50873 21.78 23.83
Last 1 year 12000 13084 12928 17.22 14.69

Date of First Installment : April 01, 1996
Entry Load : Nil
The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
Exit Load : Nil Past performance may or may not be sustained in future.
Other Parameter
Sharpe Ratio## : -0.25
Beta : 1.03
Issuer % to Net Issuer % to Net Issuer % to Net
Assets Assets Assets
Banks 18.98 Power 5.69 Hotels 3.23
State Bank of India 4.75 Reliance Infrastructure Ltd. 2.87 Indian Hotels Company Ltd. 2.09
ING Vysya Bank Ltd. 3.31 Torrent Power Ltd. 2.11 Taj GVK Hotels & Resorts Ltd. 0.73
Axis Bank Ltd. 3.18 Asian Hotels North Ltd. 0.23
GVK Power & Infrastructure Ltd. 0.70
Asian Hotels West Ltd. 0.18
HDFC Bank Ltd. 2.59
ICICI Bank Ltd. 2.59 Ferrous Metals 5.31 Industrial Products 3.16
Kotak Mahindra Bank Ltd. 1.35 Jindal Steel & Power Ltd. 3.29 Cummins (India) Ltd. 3.16
IndusInd Bank Ltd. 1.21 Tata Steel Ltd. 2.02
Transportation 2.57
Industrial Capital Goods 7.81 Jet Airways India Ltd. 1.56
Construction Project 4.42 Spicejet Ltd. 1.01
Honeywell Automation India Ltd. 2.96 Larsen & Toubro Ltd. 4.42
Bharat Heavy Electricals Ltd. 2.12
Retailing 2.03
Crompton Greaves Ltd. 1.90 Shoppers Stop Ltd. 1.01
Auto 3.93
Bharat Bijlee Ltd. 0.48 Trent Ltd. CCPS Series A 0.63
Siemens Ltd. 0.35 Trent Ltd. 0.39
Mahindra & Mahindra Ltd. 1.91
Finance 7.33 Media & Entertainment 0.97
HDFC Ltd. 3.50 Pharmaceuticals 3.91 Television Eighteen India Ltd. 0.97
Torrent Pharmaceuticals Ltd. 1.96 Magnasound India Ltd. ** #
ICRA Ltd. 2.93
India Infoline Ltd. 0.89 Glaxosmithkline Pharmaceuticals Ltd. 1.95
Construction 0.66
Ackruti City Ltd. 0.66
Software 6.06 Consumer Non Durables 3.69
Infosys Technologies Ltd. 3.46 United Breweries Holdings Ltd. 1.75 United States of America 0.55
Tata Consultancy Services Ltd. 2.44 United Spirits Ltd. 1.02 Sterlite Industries (India) Ltd - Ads 0.55
Core Projects & Technologies Ltd. 0.16 Radico Khaitan Ltd. 0.92
Gas 0.42
GAIL India Ltd. 0.22
Auto Ancillaries 5.99 Non - Ferrous Metals 3.52
Gujarat Gas Company Ltd. 0.20
Bosch Ltd. 2.31 Hindalco Industries Ltd. 2.39
MRF Ltd. 2.29 Sterlite Industries (India) Ltd. 1.13 Cash & Cash Equivalents 0.97
Sundaram-Clayton Ltd. 1.39
Pesticides 3.28 Net receivables / payables -0.33
Petroleum Products 5.87 United Phosphorus Ltd. 1.71
Reliance Industries Ltd. 5.87 Total Net Assets 100.00
Rallis India Ltd. 1.57
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is Nil.
#
Note:
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using
3 years history of monthly returns, source: MFI Explorer.
21
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Sa tion
S o lu Birla Sun Life Tax Plan
An open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years

Investment Style
An open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief
Value Blend Growth Size for investment.
Large
Mid
Small 30
24.25
25
20 15.78 17.29 16.13
Fund Details 15.33
13.21
15
% Returns
Fund Manager : Mr. Sanjay Chawla 10
Managing Fund Since : September 12, 2007 5
Total Experience : 22 years 0.27
Date of inception : February 16, 1999 0
Nature of the scheme : An Open-ended ELSS Scheme -5 -2.03
Default option : Dividend Payout Birla Sun Life Tax Plan - Dividend BSE Sensex absolute returns for period less than 1 year & CAGR for period 1 year or more.
Fresh Purchase : ` 500/- Returns assume reinvestment of the tax free dividend declared.
issued Systematic Investment Plan (SIP)
Plan (SIP)
Systematic Withdrawal : Not Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Tax Plan...
Plan (SWP)
Systematic Transfer : Not Available Value (`) of SIP in Returns (%)*
BSE SENSEX BSE SENSEX
Plans / Options & NAV (As on November 30, 2010) Tax Plan Tax Plan
Dividend : 47.77
(Payout, Reinvestment & Sweep) Since Inception 141000 461106 643237 18.80 23.87
Growth : 14.17
Last 5 years 60000 85909 80348 14.34 11.63
Benchmark : BSE SENSEX
Last 3 years 36000 48245 47299 20.00 18.58
Load Structure (Incl for SIP) Last 1 year 12000 13189 13012 18.93 16.05
Entry Load : Nil Date of First Installment : March 01, 1999
Exit Load : Nil The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
Other Parameter
Sharpe Ratio## : -0.26 Portfolio & Asset Allocation
Beta : 0.95
Banks 18.69 Oil 5.20 Consumer Non Durables 1.85
ICICI Bank Ltd. 5.63 Oil India Ltd. 3.15 ITC Ltd. 1.70
HDFC Bank Ltd. 5.26 Oil & Natural Gas Corporation Ltd. 2.05 Bajaj Corp Ltd. 0.16
Axis Bank Ltd. 4.23
Federal Bank Ltd. 1.90 Pharmaceuticals 4.78 Transportation 1.70
Oriental Bank of Commerce 1.67 Cadila Healthcare Ltd. 2.53 Cox & Kings Ltd. 1.70
Cipla Ltd. 2.26
Software 9.06 Fertilisers 1.59
Infosys Technologies Ltd. 6.02 Petroleum Products 3.63 Coromandel International Ltd. 1.59
Wipro Ltd. 3.04 Reliance Industries Ltd. 3.63
Telecom-Services 1.45
Auto 7.22 Ferrous Metals 3.08 Bharti Airtel Ltd. 0.83
Mahindra & Mahindra Ltd. 3.77 Tata Steel Ltd. 3.08 Idea Cellular Ltd. 0.62
Tata Motors Ltd. 2.36
Tata Motors - DVR 1.09 Media & Entertainment 2.81 Hotels 1.14
Television Eighteen India Ltd. 2.81 Indian Hotels Company Ltd. 1.14
Magnasound India Ltd. ** #
Cummins (India) Ltd. 3.92 Minerals/Mining 1.04
Greaves Cotton Ltd. 2.92 Coal India Ltd. 1.04
Finance 5.45 BGR Energy Systems Ltd. 1.52
Alstom Projects India Ltd. 1.06 Construction Project 0.64
Shriram Transport Finance Company Ltd. 4.54 Larsen & Toubro Ltd. 0.64
HDFC Ltd. 0.90
Consumer Durables 2.57
Blue Star Ltd. 2.57 Power 0.33
Auto Ancillaries 5.30 Power Grid Corporation of India Ltd. 0.33
Motherson Sumi Systems Ltd. 2.48
Bosch Ltd. 2.18 Construction 2.51
Cash & Cash Equivalents 3.70
Amtek Auto Ltd. 0.63 Simplex Infrastructures Ltd. 2.51
Net receivables / payables 0.00
Gas 5.21 Retailing 2.08
Indraprastha Gas Ltd. 2.62 Pantaloon Retail (India) Ltd. 2.07
GAIL India Ltd. 2.59 Agre Developers Ltd.** 0.01
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 0.01%.
#
Note:
22
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S o Birla Sun Life Equity Fund

Investment Style
An open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and
Value Blend Growth Size 10% debt and money market securities.
Large
Small
35 31.33
30
25
Fund Details 18.08 18.77 17.07 18.34
20 16.43
% Returns
15
Fund Manager : Mr. Mahesh Patil
Managing Fund Since : November 17, 2005 10
Total Experience : 20 years 5 0.56
Date of inception : August 27, 1998 0
-5 1 Year 3 Years -0.04 5 Years Since Inception
Nature of the scheme : An Open-ended Growth Scheme
Key Features
Default option : Dividend Reinvestment Past performance may or may not be sustained in future. Returns are in % and
Birla Sun Life Equity Fund - Growth BSE 200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan (SIP)
Systematic Withdrawal : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Equity Fund...
Plan (SWP)
Systematic Transfer : Available Value (`) of SIP in Returns (%)*
(`) BSE 200 Birla Sun Life BSE 200 Birla Sun Life
Plans / Options & NAV (As on November 30, 2010) Equity Fund Equity Fund
Dividend : 74.79
Growth : 283.13
Last 5 years 60000 88161 91900 15.39 17.09
Benchmark : BSE 200
Last 3 years 36000 49448 50895 21.77 23.86
Entry Load : Nil Date of First Installment : October 01, 1998
Exit Load** : 1% if redeemed / switched out The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
within 365 days from the date of Past performance may or may not be sustained in future.
allotment *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
in Bonus & Dividend Reinvestment

Other Parameter
Standard Deviation : 35.88% Issuer % to Net Issuer % to Net Issuer % to Net
Sharpe Ratio## : -0.18 Assets Assets Assets
Beta : 0.93 Banks 14.92 CESC Ltd. 1.67 Retailing 2.11
State Bank of India 2.89 PTC India Ltd. 1.15 Pantaloon Retail (India) Ltd. 1.78
ICICI Bank Ltd. 2.83 KEC International Ltd. 1.06 Pantaloon Retail (India) Ltd. -Class B 0.32
Bank of Baroda 2.74 Agre Developers Ltd.** 0.01
Axis Bank Ltd. 2.42 Auto 5.42
HDFC Bank Ltd. 1.61 Tata Motors Ltd. 3.90 Construction 1.79
The South Indian Bank Ltd. 1.43 Bajaj Auto Ltd. 1.31 Ramky Infrastructure Ltd. 0.93
Union Bank of India 0.99 Mahindra & Mahindra Ltd. 0.21 Ackruti City Ltd. 0.85
Industrial Capital Goods 9.86 Finance 4.11 Hardware 1.58
Thermax Ltd. 3.46 Rural Electrification Corporation Ltd. 1.73 Allied Digital Services Ltd. 1.58
Crompton Greaves Ltd. 2.88 Mahindra & Mahindra Financial Services Ltd. 1.21
Bharat Heavy Electricals Ltd. 1.95 Bajaj Finance Ltd. 1.17
Construction Project 1.48
Bharat Bijlee Ltd. 0.92
Siemens Ltd. 0.64 Media & Entertainment 3.78 Gammon India Ltd. 0.93
Jagran Prakashan Ltd. 1.62 Lanco Infratech Ltd. 0.54
Software 8.17 Hathway Cable & Datacom Ltd. 1.11
Infosys Technologies Ltd. 2.98 DQ Entertainment International Ltd. 1.04 United States of America 1.29
Tata Consultancy Services Ltd. 2.62 Magnasound India Ltd. ** # Sterlite Industries (India) Ltd - ADS 1.29
Polaris Software Lab Ltd. 1.58
Core Projects & Technologies Ltd. 0.51 Telecom-Services 3.33 Ferrous Metals 1.26
Megasoft Ltd. 0.47 Bharti Airtel Ltd. 3.33 Usha Martin Ltd. 0.71
Tata Steel Ltd. 0.55
Consumer Non Durables 7.21 Petroleum Products 3.07
ITC Ltd. 3.91 Reliance Industries Ltd. 3.07 Consumer Durables 0.83
United Breweries Holdings Ltd. 2.80 Whirlpool of India Ltd. 0.83
Asian Paints Ltd. 0.49 Oil 2.96
Oil & Natural Gas Corporation Ltd. 2.96 Non - Ferrous Metals 0.74
Pharmaceuticals 7.11 Hindalco Industries Ltd. 0.74
Dr.Reddy's Laboratories Ltd. 2.80 Cement 2.65
Aurobindo Pharma Ltd 2.29 Century Textiles and Industries Ltd. 1.61 Cash & Cash Equivalents 5.79
Torrent Pharmaceuticals Ltd. 2.00 Grasim Industries Ltd. 1.04
Maestro Mediline Systems Ltd. 0.03
Transportation 2.38
Power 5.76 Spicejet Ltd. 1.37
GVK Power & Infrastructure Ltd. 1.88 Total Net Assets 100.00
Cox & Kings Ltd. 1.01
#
Note:
3 years history of monthly returns, source: MFI Explorer
23
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So Birla Sun Life Advantage Fund

Investment Style
An open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk through a
Value Blend Growth Size diversified research based investment approach.
Large
Small
25
21.05
20 17.29
15.71 15.33
Fund Details 14.11
15 11.60
% Returns
Fund Manager : Mr. Ajay Garg 10
Managing Fund Since : July 29, 2010 5
Nature of the scheme : An Open-ended Growth Scheme 1 Year -1.29 3 Years 5 Years Since Inception
-5
Key Features
Birla Sun Life Advantage Fund - Growth BSE Sensex absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan (SIP)
Systematic Withdrawal : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Advantage Fund...
Plan (SWP)
Birla Sun Life Birla Sun Life
(`) BSE SENSEX BSE SENSEX
Plans / Options & NAV (As on November 30, 2010) Advantage Fund Advantage Fund
Dividend : 91.49
Growth : 168.87
Last 5 years 60000 85909 84667 14.34 13.75
Benchmark : BSE SENSEX
Last 3 years 36000 48245 49617 20.00 22.02
Exit Load** : 0.50% if redeemed / switched out The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
Other Parameter Portfolio & Asset Allocation

Sharpe Ratio## : -0.21 Issuer % to Net Issuer % to Net Issuer % to Net
Beta : 0.98 Assets Assets Assets
Banks 18.57 Petroleum Products 5.31 Transportation 2.68
State Bank of India 4.64 Reliance Industries Ltd. 5.31 Spicejet Ltd. 2.68
ICICI Bank Ltd. 3.81
HDFC Bank Ltd. 3.63 Finance 5.07 Gas 2.27
Yes Bank Ltd. 2.67 HDFC Ltd. 3.25 GAIL India Ltd. 2.27
ING Vysya Bank Ltd. 2.50 Mahindra & Mahindra Financial Services Ltd. 1.82
Kotak Mahindra Bank Ltd. 1.32 Retailing 2.05
Power 4.86 Shoppers Stop Ltd. 1.15
Industrial Capital Goods 9.99 Torrent Power Ltd. 1.97 Trent Ltd. CCPS Series A 0.65
Thermax Ltd. 3.36 Reliance Infrastructure Ltd. 1.56 Trent Ltd. 0.25
Bharat Heavy Electricals Ltd. 2.99 GVK Power & Infrastructure Ltd. 1.33
Bharat Electronics Ltd. 2.37 Oil 1.44
ABG Shipyard Ltd. 0.92 Ferrous Metals 4.75 Oil & Natural Gas Corporation Ltd. 1.44
Honeywell Automation India Ltd. 0.34 Tata Steel Ltd. 2.01
Jindal Steel & Power Ltd. 1.91 Media & Entertainment 1.42
Auto Ancillaries 6.74 Jindal Saw Ltd. 0.83 Jagran Prakashan Ltd. 1.42
Exide Industries Ltd. 3.04
Bosch Ltd. 2.65 Pharmaceuticals 4.33 Hotels 1.24
Sundaram-Clayton Ltd. 1.05 Biocon Ltd. 2.75 Asian Hotels East Ltd. 1.24
Pfizer Ltd. 1.58
Software 5.63 Trading 1.10
Infosys Technologies Ltd. 3.17 Auto 3.78 Uniphos Enterprises Ltd. 1.10
Tata Consultancy Services Ltd. 2.23 Tata Motors Ltd. 2.56
Core Projects & Technologies Ltd. 0.23 Mahindra & Mahindra Ltd. 1.22 IT Consulting & Services 0.00
Karrox Technologies Ltd** #
Consumer Non Durables 5.62 Non - Ferrous Metals 3.45
ITC Ltd. 3.41 Hindalco Industries Ltd. 1.96 Cash & Cash Equivalents 1.82
United Breweries Holdings Ltd. 2.21 Sterlite Industries (India) Ltd. 1.48
Net receivables / payables -0.34
Construction Project 5.53 Construction 2.70
Larsen & Toubro Ltd. 4.25 Sobha Developers Ltd. 1.90 Total Net Assets 100.00
Voltas Ltd. 1.28 Ramky Infrastructure Ltd. 0.62
Dharti Dredging and Infrastructure Ltd** 0.18
#
Note:
24
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S o Birla Sun Life Midcap Fund

Investment Style
An open-ended growth scheme with the objective to achieve long-term growth of capital at controlled level of risk by primarily investing in
Value Blend Growth Size midcap stocks.
Large
Small
40 35.59
35 32.90
30
Fund Details 24.59
22.04
25 19.95
% Returns
18.36
20
Fund Manager : Mr. Sanjay Chawla
15
Managing Fund Since : September 12,2007
Total Experience : 22 Years 10 5.59 3.67
Nature of the scheme : An Open-ended Growth Scheme 0
Key Features
Default option : Plan A/Dividend Reinvestment Birla Sun Life Midcap Fund Plan A - Growth CNX Midcap Past performance may or may not be sustained in future. Returns are in % and
Plan A absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan B Systematic Investment Plan (SIP)
Fresh Purchase : ` 2,00,000/-
Redemption Cheques : Within 10 working days SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Midcap Fund...
issued
Plan (SIP) Investment Period Total Investment
Systematic Withdrawal : Available Birla Sun Life Birla Sun Life
(`) CNX Midcap CNX Midcap
Plan (SWP) Midcap Fund Midcap Fund
Plan (STP) Since Inception 97000 283345 342076 25.69 30.20
Plans / Options & NAV (As on November 30, 2010) Last 5 years 60000 98946 104744 20.12 22.47
Plan A
Dividend : 26.55 Last 3 years 36000 55421 56967 30.17 32.25
Growth : 120.11 Last 1 year 12000 13304 13246 20.82 19.86
Plan B
Date of First Installment : November 01, 2002
Dividend : 15.16
(Payout, Reinvestment & Sweep) The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
Growth : 15.16
Benchmark : CNX Midcap

Entry Load : Nil Issuer % to Net Issuer % to Net Issuer % to Net
Exit Load** : 1% if redeemed / switched out Assets Assets Assets
within 365 days from the date of Banks 12.85 Motherson Sumi Systems Ltd. 1.70 Shree Cements Ltd. 0.82
allotment Yes Bank Ltd. 2.88 Amtek Auto Ltd. 1.13 UltraTech Cement Ltd. 0.42
**Exit Load is NIL for units issued Allahabad Bank 2.46
in Bonus & Dividend Reinvestment. Indian Bank 1.99 Construction 5.34 Construction Project 2.16
ING Vysya Bank Ltd. 1.80 Phoenix Mills Ltd. 1.86 Lanco Infratech Ltd. 2.16
Other Parameter IndusInd Bank Ltd. 1.52 Simplex Infrastructures Ltd. 1.61
Union Bank of India 1.22 Sadbhav Engineering Ltd. 1.42 Chemicals 2.13
Standard Deviation : 40.88% Oberoi Realty Ltd. 0.29
Dena Bank 0.97 Solar Industries India Ltd. 2.13
Sharpe Ratio## : -0.03 Sadbhav Engineering Ltd. - Warrant 0.15
Beta : 0.94 Consumer Non Durables 9.91 Fertilisers 2.03
Glaxosmithkline Consumer Healthcare Ltd. 3.29 Industrial Products 5.28 Coromandel International Ltd. 0.69
Godrej Consumer Products Ltd. 2.04 Cummins (India) Ltd. 3.17 Tata Chemicals Ltd. 0.53
Bata India Ltd. 1.49 Jain Irrigation Systems Ltd. 2.11
Gujarat State Fertilizers & Chemicals Ltd. 0.50
Asian Paints Ltd. 1.38 Chambal Fertilisers and Chemicals Ltd. 0.32
Mcleod Russel India Ltd. 0.91 Power 4.87
PTC India Ltd. 1.70
Shree Renuka Sugars Ltd. 0.80 Ferrous Metals 2.02
Kalpataru Power Transmission Ltd. 1.36
KEC International Ltd. 1.02 Usha Martin Ltd. 2.02
Pharmaceuticals 9.81 Jyoti Structures Ltd. 0.69
Aurobindo Pharma Ltd 3.09 GVK Power & Infrastructure Ltd. 0.10 Media & Entertainment 1.89
Cadila Healthcare Ltd. 2.32 Dish TV India Ltd. 1.68
Lupin Ltd. 2.09 Auto 4.35 Television Eighteen India Ltd. 0.21
Divis Laboratories Ltd. 1.16 Ashok Leyland Ltd. 2.49
Torrent Pharmaceuticals Ltd. 1.15 TVS Motor Company Ltd. 1.86 Gas 1.58
Gujarat State Petronet Ltd. 1.18
Industrial Capital Goods 6.56 Transportation 3.93 Petronet LNG Ltd. 0.39
Crompton Greaves Ltd. 2.52 Spicejet Ltd. 2.10
AIA Engineering Ltd. 1.72 Cox & Kings Ltd. 1.16 Hotels 1.17
Thermax Ltd. 1.58 Gateway Distriparks Ltd. 0.67 Indian Hotels Company Ltd. 1.17
BGR Energy Systems Ltd 0.74
Petroleum Products 3.42 Software 0.23
Finance 6.08 Castrol India Ltd. 2.39 Patni Computer Systems Ltd. 0.23
Shriram Transport Finance Company Ltd. 3.54 Hindustan Petroleum Corporation Ltd. 1.02
Mahindra & Mahindra Financial Services Ltd. 1.21 Cash & Cash Equivalents 1.47
Bajaj Finance Ltd. 0.83 Pesticides 2.85
LIC Housing Finance Ltd. 0.50 United Phosphorus Ltd. 2.85
Auto Ancillaries 6.01 Cement 2.44
Century Textiles and Industries Ltd. 1.19 Total Net Assets 100.00
Exide Industries Ltd. 3.18
Note:
«
«
««
Birla Sun Life Midcap Fund (Plan A)
Equity: Mid & Small Cap (51 Schemes), for 3 & 5 Years periods ending 30-Nov-10
25
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So Birla Sun Life Frontline Equity Fund

Investment Style
An open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity by
Value Blend Growth Size aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE 200.
Large
Small 35 30.85
30 25.42
23.65
25
19.73
Fund Details 20 16.43 17.07
% Returns
15
10 7.09
Managing Fund Since : November 17, 2005
Date of inception : August 30, 2002 0
Nature of the scheme : An Open-ended Growth Scheme 1 Year 3 Years -0.04 5 Years Since Inception
-5
Key Features
Past performance may or may not be sustained in future. Returns are in % and
Default option : Plan A/Dividend Reinvestment Birla Sun Life Frontline Equity Fund Plan A - Growth BSE 200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan A
Plan B Systematic Investment Plan (SIP)
Redemption Cheques : Within 10 working days SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Frontline Equity Fund...
issued
Plan (SIP) Investment Period Total Investment
Systematic Withdrawal : Available Birla Sun Life Birla Sun Life
(`) BSE 200 BSE 200
Plan (SWP) Frontline Equity Fund Frontline Equity Fund
Plan (STP) Since Inception 98000 243552 318912 21.59 27.95
Plans / Options & NAV (As on November 30, 2010) Last 5 years 60000 88161 101733 15.39 21.27
Plan A
Growth : 92.12 Last 1 year 12000 13084 13325 17.22 21.16
(With/without Trigger Facility)
Date of First Installment : October 01, 2002
Plan B
Dividend : 13.92 The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
(Payout, Reinvestment & Sweep) Past performance may or may not be sustained in future.
Growth : 13.92 *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
(With/without Trigger Facility)
Benchmark : BSE 200

Load Structure (Incl for SIP) Issuer % to Net Issuer % to Net Issuer % to Net
Entry Load : Nil Assets Assets Assets
Banks 17.98 Petroleum Products 4.91 Media & Entertainment 1.53
Exit Load** : 1% if redeemed / switched out ICICI Bank Ltd. 3.93 Reliance Industries Ltd. 4.61 Jagran Prakashan Ltd. 1.03
within 365 days from the date of State Bank of India 3.06 Hindustan Petroleum Corporation Ltd. 0.30 D.B. Corp Ltd. 0.50
allotment Bank of Baroda 2.11 Zee Learn Ltd** #
**Exit Load is NIL for units issued Axis Bank Ltd. 2.00 Consumer Non Durables 3.89
in Bonus & Dividend Reinvestment. HDFC Bank Ltd. 1.73 ITC Ltd. 3.89 Cement 1.29
ING Vysya Bank Ltd. 1.56
Kotak Mahindra Bank Ltd. 1.47 Grasim Industries Ltd. 1.29
Other Parameter Construction Project 3.81
Standard Deviation : 32.86% IndusInd Bank Ltd. 1.27 Lanco Infratech Ltd. 1.48
Punjab National Bank 0.84 Transportation 1.14
Sharpe Ratio## : 0.01 Larsen & Toubro Ltd. 1.38
IL&FS Transportation Networks Ltd. 0.86
Beta : 0.86 Nagarjuna Construction Company Ltd. 0.95
Software 9.08 Jet Airways India Ltd. 0.28
Tata Consultancy Services Ltd. 3.75 Finance 3.78
Infosys Technologies Ltd. 3.56 Retailing 0.66
HDFC Ltd. 2.09
Wipro Ltd. 1.77 Pantaloon Retail (India) Ltd. 0.66
Agre Developers Ltd.** #
Auto 6.85
Tata Motors Ltd. 3.95 Hotels 0.65
Bharti Airtel Ltd. 3.66
Indian Hotels Company Ltd. 0.65
Bajaj Auto Ltd. 1.04
Oil 2.88
Pharmaceuticals 6.63 Oil & Natural Gas Corporation Ltd. 2.88 Telecom - Equipment & Accessories 0.50
Dr.Reddy's Laboratories Ltd. 3.18 OnMobile Global Ltd. 0.50
Cipla Ltd. 2.07 Non - Ferrous Metals 2.86
Sun Pharmaceutical Industries Ltd. 0.92 Hindalco Industries Ltd. 1.78 Diversified 0.38
Ranbaxy Laboratories Ltd. 0.46 Sterlite Industries (India) Ltd. 1.08 Hindustan Unilever Ltd. 0.38
Industrial Capital Goods 6.25 Ferrous Metals 2.85 Mining 0.19

Bharat Heavy Electricals Ltd. 2.43 Tata Steel Ltd. 1.87 Coal India Ltd. 0.19
Crompton Greaves Ltd. 2.08 Jindal Steel & Power Ltd. 0.97
Alstom Projects India Ltd. 1.24 Construction 0.00
Siemens Ltd. 0.51 Auto Ancillaries 2.46
Housing Development & Infrastructure Ltd #
Bosch Ltd. 1.60
Power 5.29 Amtek Auto Ltd. 0.86
Reliance Infrastructure Ltd. 1.05
NTPC Ltd. 1.01 Industrial Products 2.30
Power Grid Corporation of India Ltd. 0.92 Cummins (India) Ltd. 2.30 Net receivables / payables -0.13
PTC India Ltd. 0.85
CESC Ltd. 0.81 Gas 1.68 Total Net Assets 100.00
Torrent Power Ltd. 0.64 GAIL India Ltd. 1.68
Note:
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 0.00%.
3 years history of monthly returns, source: MFI Explorer #
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010). Indicates less than 0.01
«
«
««
«
#
CRISIL~CPR 2^^ CRISIL~CPR 2^^ Value Research Rating
Birla Sun Life Frontline Equity Fund Birla Sun Life Frontline Equity Fund (Plan A) Birla Sun Life Frontline Equity Fund (Plan A)
Consistent Performers-Equity Funds (37 Schemes), 5 Yrs ended 30-Sep-10 Large Cap Oriented Equity Schemes (31 Schemes), 2 Yrs ended 30-Sep-10 Equity: Large & Mid Cap (57 Schemes), for 3 & 5 Years periods ending 30-Nov-10
26
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So Birla Sun Life Infrastructure Fund

Investment Style
An open-ended growth scheme with the objective to providing for medium to long-term capital appreciation by investing predominantly in a
Value Blend Growth Size diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure
Large in India.
Mid
Investment Performance
Small
20
16.49
Fund Details 14.30 13.48 13.46
15
% Returns
Fund Manager : Mr. Mahesh Patil 10
Managing Fund Since : Since inception
Date of inception : March 17, 2006 0.57
1 Year 3 Years Since Inception
Key Features -1.98
-5
Default option : Plan A/Dividend Reinvestment
Plan A Past performance may or may not be sustained in future. Returns are in % and
Fresh Purchase : ` 5000/- Birla Sun Life Infrastructure Fund - Plan A - Growth S&P CNX Nifty absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan B
issued SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Infrastructure Fund...
Plan (SIP)
Systematic Withdrawal : Available Value (`) of SIP in Returns (%)*
Plan (SWP) Birla Sun Life Birla Sun Life
(`) S&P CNX NIFTY S&P CNX NIFTY
Infrastructure Fund Infrastructure Fund
Plan (STP)
Since Inception 56000 78561 80458 14.53 15.58
Plan A Last 3 years 36000 48190 49714 19.92 22.16
Dividend : 13.32
(Payout, Reinvestment & Sweep) Last 1 year 12000 13220 12674 19.44 10.60
Growth : 18.14
Plan B Date of First Installment : April 01, 2006
Dividend : 13.02 The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
(Payout, Reinvestment & Sweep) Past performance may or may not be sustained in future.
Growth : 13.57 *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Benchmark : S&P CNX NIFTY

Entry Load : Nil Issuer % to Net Issuer % to Net Issuer % to Net
Exit Load** : 1% if redeemed / switched out Nagarjuna Construction Company Ltd. 1.25
Industrial Capital Goods 17.68 Century Textiles and Industries Ltd. 1.11
allotment Crompton Greaves Ltd. 3.79 Gammon India Ltd. 0.88
**Exit Load is NIL for units issued Bharat Heavy Electricals Ltd. 3.24 Ferrous Metals 1.98
in Bonus & Dividend Reinvestment. Thermax Ltd. 3.12 Auto 6.72 Usha Martin Ltd. 1.17
Sanghvi Movers Ltd. 1.93 Tata Motors Ltd. 4.27
Tata Steel Ltd. 0.50
Other Parameter Mahindra & Mahindra Ltd. 2.45
Siemens Ltd. 1.78 PSL Ltd. 0.31
Tecpro Systems Ltd. 1.68
Sharpe Ratio## : -0.22 Construction 6.30
Alstom Projects India Ltd. 1.30 Gas 1.96
Beta : 1.10 Sadbhav Engineering Ltd. 1.59
Elecon Engineering Company Ltd. 0.84 Gujarat Gas Company Ltd. 1.96
Mahindra Lifespace Developers Ltd. 1.49
Ackruti City Ltd. 1.30
Power 14.00 Madhucon Projects Ltd. 0.94 Engineering Services 1.74
CESC Ltd. 2.29 ITD Cementation India Ltd. 0.83 VA Tech Wabag Ltd. 1.74
PTC India Ltd. 1.94 Sadbhav Engineering Ltd. - Warrant 0.15
GVK Power & Infrastructure Ltd. 1.92 Consumer Durables 1.45
Jyoti Structures Ltd. 1.86 Industrial Products 5.92 Bajaj Electricals Ltd. 1.45
Torrent Power Ltd. 1.71 Cummins (India) Ltd. 2.82
Kalpataru Power Transmission Ltd. 1.40 Bharat Forge Ltd. 1.34
Transportation 0.66
KEC International Ltd. 1.25 Kirloskar Engines India Ltd.** 1.12
Greaves Cotton Ltd. 0.55 Jet Airways India Ltd. 0.66
Reliance Infrastructure Ltd. 1.10
KSK Energy Ventures Ltd. 0.54 Kirloskar Industries Ltd. 0.09
Hotels 0.58
Finance 3.40 Indian Hotels Company Ltd. 0.58
Banks 13.84
Power Finance Corporation Ltd. 1.78
Bank of Baroda 2.44
HDFC Ltd. 1.62 Non - Ferrous Metals 0.05
ICICI Bank Ltd. 2.39
Hindalco Industries Ltd. 0.05
State Bank of India 1.96 Oil 3.09
Axis Bank Ltd. 1.94 Oil & Natural Gas Corporation Ltd. 3.09 Future and Options 1.08
HDFC Bank Ltd. 1.70
Hindalco Industries Ltd. Futures Dec 2010 1.08
Allahabad Bank 1.42 Petroleum Products 2.89
United Bank Of India 1.19 Reliance Industries Ltd. 2.89
The South Indian Bank Ltd. 0.80 Cash & Cash Equivalents 5.91
Construction Project 6.78 Bharti Airtel Ltd. 2.24 Net receivables / payables -0.48
Note: Lanco Infratech Ltd. 1.85
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using Larsen & Toubro Ltd. 1.47 Cement 2.22 Total Net Assets 100.00
3 years history of monthly returns, source: MFI Explorer. Grasim Industries Ltd. 1.11
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010). Voltas Ltd. 1.32
CRISIL~CPR 2^^ «
«
««
Birla Sun Life Infrastructure Fund (Plan A) Birla Sun Life Infrastructure Fund (Plan A)
Thematic - Infrastructure Equity Schemes (14 Schemes), 2 Yrs ended 30-Sep-10 Equity: Infrastructure (25 Schemes), for 3 & 5 Years periods ending 30-Nov-10
27
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S o Birla Sun Life Basic Industries Fund

Investment Style
A multi-sector open-ended growth scheme with the objective of long term growth capital, through a portfolio with a target allocation of 100%
Value Blend Growth Size equity, focusing on investing in companies sensitive to economic cycles and commodity pricing cycles. The investments will be in companies
Large which are often referred to as cyclical companies.
Mid
Small
30
24.57
25
Fund Details
20 17.89 16.43 17.23 17.07
13.55
% Returns
Fund Manager : Mr. Ankit Sancheti 15
Managing Fund Since : November 30,2007 10
5
Date of inception : January 15, 2000 3 Years
1 Year -0.69 -0.04 5 Years Since Inception
-5
Key Features
Fresh Purchase : ` 5000/- Past performance may or may not be sustained in future. Returns are in % and
BSE 200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Additional Purchase : ` 1000/- Birla Sun Life Basic Industries Fund - Growth
issued
Plan (SIP)
Plan (SWP) SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Basic Industries Fund...
Plan (STP)
Plans / Options & NAV (As on November 30, 2010) Birla Sun Life Basic Birla Sun Life Basic
(`) BSE 200 BSE 200
Dividend : 30.12 Industries Fund Industries Fund
Growth : 109.20 Since Inception 129000 432396 667603 21.13 28.49
Benchmark : BSE 200 Last 5 years 60000 88161 91077 15.39 16.72
Last 3 years 36000 49448 51055 21.77 24.09

Entry Load : Nil Last 1 year 12000 13084 12946 17.22 14.99
Exit Load** : 1.00% if redeemed / switched out Date of First Installment : March 01, 2000
within 365 days from the date of The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
allotment Past performance may or may not be sustained in future.
**Exit Load is NIL for units issued *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Other Parameter
Standard Deviation : 38.35% Portfolio & Asset Allocation
Beta : 0.99 Issuer % to Net Issuer % to Net Issuer % to Net
Banks 20.19 Bajaj Auto Ltd. 2.51 Auto Ancillaries 4.03
Federal Bank Ltd. 2.95 Mahindra & Mahindra Ltd. 2.19 Wabco TVS India Ltd. 2.11
ICICI Bank Ltd. 2.78 Exide Industries Ltd. 1.92
Syndicate Bank 2.31 Finance 7.21
United Bank Of India 1.96 HDFC Ltd. 2.68 Ferrous Metals 3.03
Kotak Mahindra Bank Ltd. 1.94 Shriram Transport Finance Company Ltd. 2.52 Tata Steel Ltd. 1.63
The Jammu And Kashmir Bank Ltd. 1.76 Sundaram Finance Ltd. 1.03 Maharashtra Seamless Ltd. 1.40
HDFC Bank Ltd. 1.59
State Bank of India 1.47 Petroleum Products 2.81
Dena Bank 1.37 Reliance Industries Ltd. 2.81
IndusInd Bank Ltd. 1.27 Construction Project 6.01
IDBI Bank Ltd. 0.77 Voltas Ltd. 2.19
Lanco Infratech Ltd. 1.88
Bajaj Electricals Ltd. 1.66
Industrial Capital Goods 15.24 Larsen & Toubro Ltd. 1.23
Crompton Greaves Ltd. 3.41 Nagarjuna Construction Company Ltd. 0.72
Non - Ferrous Metals 1.30
Siemens Ltd. 1.94 Hindalco Industries Ltd. 1.30
McNally Bharat Engineering Company Ltd 1.87 Power 5.69
Bharat Heavy Electricals Ltd. 1.85 PTC India Ltd. 1.93 Consumer Non Durables 1.27
Alstom Projects India Ltd. 1.79 Kalpataru Power Transmission Ltd. 1.50 Shree Renuka Sugars Ltd. 1.27
BGR Energy Systems Ltd 1.64 KEC International Ltd. 1.21
Apar Industries Ltd. 1.22 Torrent Power Ltd. 1.04 Cement 1.24
Hindustan Dorr-Oliver Ltd. 1.20
Thermax Ltd. 0.33
Transportation 5.25
Jet Airways India Ltd. 1.94 Construction 0.64
IL&FS Transportation Networks Ltd. 1.57 Phoenix Mills Ltd. 0.64
Cummins (India) Ltd. 2.74
Mercator Lines Ltd. 1.26
Carborundum Universal Ltd. 2.43
Greaves Cotton Ltd. 2.00 The Great Eastern Shipping Co. Ltd 0.48 Cash & Cash Equivalents 3.95
FAG Bearings India Ltd. 1.50
Oil 4.51 Net receivables / payables -0.27
Auto 7.59 Oil & Natural Gas Corporation Ltd. 3.13
Tata Motors Ltd. 2.90 Great Offshore Ltd. 1.38 Total Net Assets 100.00
Note:
CRISIL~CPR 1^^
Birla Sun Life Basic Industries Fund
Thematic - Infrastructure Equity Schemes (14 Schemes), 2 Yrs ended 30-Sep-10
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S o Birla Sun Life India GenNext Fund

Investment Style
An open-ended growth scheme with the objective to target growth of capital by investing in equity/equity related instruments of companies
Value Blend Growth Size that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the
Large young generation (Generation Next). The scheme will invest in companies that have the following characteristics: 1. Companies that seek
growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in
Mid manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand
identity, thereby enabling choice.
Small
Fund Details
35 32.15
Fund Manager : Mr. Sanjay Chawla 30
Managing Fund Since : September 12,2007 25
Total Experience : 22 years 17.18 18.77 18.63
% Returns 20 16.49 16.80
Date of inception : August 05, 2005
15
Nature of the scheme : An Open-ended Growth Scheme
10 5.51
Key Features 5 0.57
Default option : Dividend Reinvestment 0
Fresh Purchase : ` 5000/- 1 Year 3 Years 5 Years Since Inception
Redemption Cheques : Within 10 working days Past performance may or may not be sustained in future. Returns are in % and
issued Birla Sun Life India GenNext Fund - Growth S&P CNX Nifty absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan (SIP)
Plan (SWP) Systematic Investment Plan (SIP)
Plan (STP)
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life India GenNext Fund...
Plans / Options & NAV (As on November 30, 2010) Value (`) of SIP in Returns (%)*
Dividend : 15.16 Investment Period Total Investment
(`) Birla Sun Life India Birla Sun Life India
Growth : 24.99 S&P CNX NIFTY S&P CNX NIFTY
GenNext Fund GenNext Fund
Benchmark : S&P CNX NIFTY Since Inception 63000 93740 100305 15.10 17.72
Last 5 years 60000 86651 93316 14.69 17.71

Entry Load : Nil Last 3 years 36000 48190 52151 19.92 25.65
Exit Load** : 1% if redeemed / switched out Last 1 year 12000 13220 13772 19.44 28.56
allotment Date of First Installment : September 01, 2005
**Exit Load is NIL for units issued The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
in Bonus & Dividend Reinvestment. Past performance may or may not be sustained in future.
Other Parameter
Beta : 0.76 Portfolio & Asset Allocation

Consumer Non Durables 23.75 Trent Ltd. CCPS Series A 0.07 Telecom-Services 4.11
Bata India Ltd. 4.85 Trent Ltd. CCPS Series B 0.06 Idea Cellular Ltd. 3.01
Asian Paints Ltd. 4.78 Agre Developers Ltd.** 0.01 Reliance Communications Ltd. 1.09
ITC Ltd. 4.64
Dabur India Ltd. 3.64 Media & Entertainment 5.87 Construction 3.68
Bajaj Corp Ltd. 2.55 Sun TV Network Ltd. 3.15 Sobha Developers Ltd. 2.53
Zydus Wellness Ltd. 1.21 D.B. Corp Ltd. 1.08 Phoenix Mills Ltd. 1.15
United Spirits Ltd. 1.15 Jagran Prakashan Ltd. 0.78
Kansai Nerolac Paints Ltd. 0.93 PVR Ltd. 0.76 Transportation 3.34
HT Media Ltd. 0.11 Cox & Kings Ltd. 3.34
Banks 13.69
ICICI Bank Ltd. 4.39 Consumer Durables 5.33 Pharmaceuticals 2.54
HDFC Bank Ltd. 4.15 Bajaj Electricals Ltd. 2.80 Cadila Healthcare Ltd. 2.54
Axis Bank Ltd. 2.77 Havells India Ltd. 2.54
Yes Bank Ltd. 2.38 Software 1.58
Petroleum Products 4.98 Infosys Technologies Ltd. 1.58
Auto 10.07 Castrol India Ltd. 4.98
Mahindra & Mahindra Ltd. 4.97 Auto Ancillaries 1.21
Bajaj Auto Ltd. 3.27 Textile Products 4.49 Goodyear India Ltd. 1.21
Tata Motors - DVR 1.06 S. Kumars Nationwide Ltd. 2.71
Tata Motors Ltd. 0.77 Raymond Ltd. 1.78 Cash & Cash Equivalents 3.52
Retailing 7.53 Hotels 4.23 Net receivables / payables 0.07

Pantaloon Retail (India) Ltd. 4.01 Indian Hotels Company Ltd. 3.36
Shoppers Stop Ltd. 2.44 Asian Hotels East Ltd. 0.86 Total Net Assets 100.00
Trent Ltd. 0.93
Note:
CRISIL~CPR 2^^
Birla Sun Life India GenNext Fund
Diversified Equity Schemes - Equity (74 Schemes), 2 Yrs ended 30-Sep-10
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S o Birla Sun Life New Millennium Fund

Investment Style
A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100%
Value Blend Growth Size equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software,
Large telecom, media, internet and e-commerce and other technology enabled companies.

Small
25 23.07
20 17.88
Fund Details 15
10.10 10.57
% Returns
Fund Manager : Mr. Atul Penkar 10 6.85
5
Date of inception : January 15, 2000 0
Nature of the scheme : An Open-ended Growth Scheme 1 Year -0.95 3 Years 5 Years Since Inception
-5
Key Features
Default option : Dividend Reinvestment Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than
Birla Sun Life New Millennium Fund - Growth BSE Teck
Fresh Purchase : ` 5000/- 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
issued
Plan (SIP)
Systematic Withdrawal : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life New Millennium Fund...
Plan (SWP)
Plan (STP)
(`) Birla Sun Life New Birla Sun Life New
Plans / Options & NAV (As on November 30, 2010) BSE Teck BSE Teck
Millennium Fund Millennium Fund
Dividend : 13.43
Growth : 20.57
Last 5 years 60000 76399 76233 9.61 9.52
Benchmark : BSE Teck
Last 3 years 36000 47281 47564 18.55 18.98
Entry Load : Nil
Date of First Installment : March 01, 2000
Exit Load** : 1% if redeemed / switched out The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
allotment

Software 75.04 Core Projects & Technologies Ltd. 1.88 Hindustan Media Ventures Ltd. 2.05
Infosys Technologies Ltd. 34.61 Sasken Communication Technologies Ltd. 1.34 Magnasound India Ltd. ** #
Tata Consultancy Services Ltd. 11.27 Megasoft Ltd. 1.29

Hardware 5.53
Wipro Ltd. 5.73
Allied Digital Services Ltd. 5.53
Educomp Solutions Ltd. 4.19 Telecom-Services 7.80
Oracle Financial Services Software Ltd. 3.64 Bharti Airtel Ltd. 6.02
Polaris Software Lab Ltd. 3.15 Idea Cellular Ltd. 1.78
Persistent Systems Ltd 2.78 Net receivables / payables 2.15
Subex Ltd. 2.64 Media & Entertainment 5.67
Infotech Enterprises Ltd. 2.53 DQ Entertainment International Ltd. 3.62 Total Net Assets 100.00
#
Note:
30
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S o Birla Sun Life Top 100 Fund

Investment Style
An open-ended growth scheme with the objective to provide medium to longterm capital appreciation, by investing predominantly in a
Value Blend Growth Size diversified portfolio of equity and equity related securities of top 100 companies as measured by market capitalization.
Large

Small
25
18.37 18.15 19.17
20 16.49 16.70 17.18
Fund Details
15
% Returns
10
Managing Fund Since : July 29, 2010
Date of inception : October 24, 2005 0.57
Key Features
Fresh Purchase : ` 5000/- Birla Sun Life Top 100 Fund - Growth S&P CNX Nifty absolute returns for period less than 1 year & CAGR for period 1 year or more.
issued
Plan (SIP)
Systematic Withdrawal : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Top 100 Fund...
Plan (SWP)
Plan (STP) Value (`) of SIP in Returns (%)*
Total Investment
Investment Period Birla Sun Life Top Birla Sun Life Top
Plans / Options & NAV (As on November 30, 2010) (`) S&P CNX NIFTY S&P CNX NIFTY
100 Fund 100 Fund
Dividend : 15.28
Growth : 23.42
Last 3 years 36000 48190 50146 19.92 22.79
Benchmark : S&P CNX NIFTY
Last 1 year 12000 13220 13323 19.44 21.13
Load Structure (Incl for SIP) Date of First Installment : November 01, 2005
Entry Load : Nil The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of
returns. Past performance may or may not be sustained in future.
Exit Load** : 0.50% if redeemed / switched out *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
allotment
Other Parameter
Beta : 0.83 Banks 16.71 Consumer Non Durables 6.38 Gas 1.92
ICICI Bank Ltd. 3.97 ITC Ltd. 4.14 GAIL India Ltd. 1.92
State Bank of India 3.38 Shree Renuka Sugars Ltd. 2.24
Axis Bank Ltd. 2.78 Cement 1.90
HDFC Bank Ltd. 2.13 Petroleum Products 5.64 Century Textiles and Industries Ltd. 1.90
Yes Bank Ltd. 1.70 Reliance Industries Ltd. 4.79
Kotak Mahindra Bank Ltd. 1.43 Hindustan Petroleum Corporation Ltd. 0.85 Industrial Products 1.88
The South Indian Bank Ltd. 1.33 Indian Oil Corporation Ltd. 0.01 Cummins (India) Ltd. 1.88
Software 9.67 Telecom-Services 5.37
Infosys Technologies Ltd. 3.29 Bharti Airtel Ltd. 3.86
Larsen & Toubro Ltd. 1.85
Tata Consultancy Services Ltd. 3.11 Idea Cellular Ltd. 1.51
Polaris Software Lab Ltd. 2.15
Wipro Ltd. 1.12 Power 5.26 Pesticides 1.60
PTC India Ltd. 1.63 United Phosphorus Ltd. 1.60
Industrial Capital Goods 8.66 Power Grid Corporation of India Ltd. 1.46
Bharat Heavy Electricals Ltd. 4.17 Kalpataru Power Transmission Ltd. 1.27 Ferrous Metals 1.54
Crompton Greaves Ltd. 2.79 GVK Power & Infrastructure Ltd. 0.89 Tata Steel Ltd. 1.54
Siemens Ltd. 1.70
Finance 3.34 Retailing 1.45
Pharmaceuticals 7.73 HDFC Ltd. 1.70 Shoppers Stop Ltd. 1.45
Dr.Reddy's Laboratories Ltd. 2.51 Bajaj Finance Ltd. 1.01
Torrent Pharmaceuticals Ltd. 2.20 Shriram Transport Finance Company Ltd. 0.63 Transportation 0.71
Cadila Healthcare Ltd. 1.12 IL&FS Transportation Networks Ltd. 0.71
Sun Pharmaceutical Industries Ltd. 1.00 Oil 3.08
Cipla Ltd. 0.90 Oil & Natural Gas Corporation Ltd. 3.08 Cash & Cash Equivalents 6.66
Auto 6.82 Non - Ferrous Metals 2.16 Net receivables / payables -0.33
Tata Motors Ltd. 3.77 Hindalco Industries Ltd. 1.12
Mahindra & Mahindra Ltd. 2.53 Sterlite Industries (India) Ltd. 0.92
Tata Motors - DVR 0.51 Hindustan Zinc Ltd. 0.12 Total Net Assets 100.00
Note:
31
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So Birla Sun Life Buy India Fund

Investment Style
A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100%
Value Blend Growth Size equity, focusing on investing in businesses that are driven by India's large population and inherent consumption patterns. The focus of the
Large scheme will be in the consumer and healthcare sectors.

Small
40
30.12
Fund Details 30
16.43 17.07 17.07
% Returns
20 14.85 13.55
10.82
Managing Fund Since : September 12, 2007 10
Nature of the scheme : An Open-ended Growth Scheme 1 Year 3 Years -0.04 5 Years Since Inception
-10
Key Features
Fresh Purchase : ` 5000/- Birla Sun Life Buy India Fund - Growth BSE 200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
issued
Plan (SIP)
Systematic Withdrawal : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Buy India Fund...
Plan (SWP)
Plans / Options & NAV (As on November 30, 2010) BSE 200 BSE 200
Dividend : 25.69
Buy India Fund Buy India Fund
Growth : 45.10
Last 5 years 60000 88161 99138 15.39 20.20
Benchmark : BSE 200
Last 3 years 36000 49448 56893 21.77 32.15
Entry Load : Nil
Date of First Installment : March 01, 2000
Exit Load** : 0.50% if redeemed / switched out The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of
within 7 days from the date of returns. Past performance may or may not be sustained in future.

Sharpe Ratio## : 0.12 Issuer % to Net Issuer % to Net Issuer % to Net
Banks 17.21 Transportation 6.48 Indraprastha Gas Ltd. 4.49
State Bank of India 4.55 Jet Airways India Ltd. 2.45 Hotels 4.18
ICICI Bank Ltd. 3.86 Spicejet Ltd. 2.36 Indian Hotels Company Ltd. 1.54
ING Vysya Bank Ltd. 3.53 Cox & Kings Ltd. 1.67 Taj GVK Hotels & Resorts Ltd. 1.13
Axis Bank Ltd. 2.81 Asian Hotels East Ltd. 0.64
Kotak Mahindra Bank Ltd. 2.47 Finance 6.28 Asian Hotels North Ltd. 0.49
HDFC Ltd. 4.64 Asian Hotels West Ltd. 0.38
Consumer Non Durables 17.20 India Infoline Ltd. 1.64
E.I.D. Parry (India) Ltd. 3.19
Auto Ancillaries 3.22
Tata Global Beverages Limited 3.09 Retailing 6.05
Sundaram-Clayton Ltd. 3.22
Radico Khaitan Ltd. 2.95 Shoppers Stop Ltd. 3.36
United Spirits Ltd. 2.82 Trent Ltd. 1.52
ITC Ltd. 2.61 Trent Ltd. CCPS Series A 1.17 Trading 2.17
United Breweries Holdings Ltd. 2.54 Uniphos Enterprises Ltd. 2.17
Media & Entertainment 4.74
Pharmaceuticals 13.54 UTV Software Communications Ltd. 1.78 Construction 1.22
Glaxosmithkline Pharmaceuticals Ltd. 3.96 PVR Ltd. 1.76 Ackruti City Ltd. 1.22
Aventis Pharma Ltd. 2.90 Television Eighteen India Ltd. 1.20
Wyeth Ltd. 2.30 Magnasound India Ltd. ** # Cash & Cash Equivalents 2.40
Fulford (India) Ltd. 2.26
Pfizer Ltd. 2.12 Pesticides 4.67 Net receivables / payables -0.38
Rallis India Ltd. 4.67
Auto 6.52
Mahindra & Mahindra Ltd. 3.49 Gas 4.49
#
Note:
CRISIL~CPR 2^^
Birla Sun Life Buy India Fund
Diversified Equity Schemes (74 Schemes), 2 Yrs ended 30-Sep-10
32
h
alt n
We atio s
e n
Cr lutio
S o Birla Sun Life MNC Fund

Investment Style
An open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk
Value Blend Growth Size
by making investments in securities of multi-national companies through a research based investment approach.
Large

Small
40
33.83
Fund Details 30
20.20
17.76
% Returns
Fund Manager : Mr. Ajay Garg 20 14.43 15.41
Managing Fund Since : June 18, 2009 10.07 10.08
Date of inception : December 27, 1999
Key Features
Default option : Dividend Reinvestment Past
Past performance
performance mayorormay
may maynotnotbe
besustained
sustained inin future. Returns are
are inin%%and
and
Fresh Purchase : ` 5000/- Birla Sun Life MNC Fund - Growth S&P CNX MNC absolute
absolute returns
returns forfor period
period less
less than
than 1 year
1 year & CAGR
& CAGR forfor period
period 1 year
1 year or more.
or more.
issued
Plan (SIP)
Systematic Withdrawal : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life MNC Fund...
Plan (SWP)
Plans / Options & NAV (As on November 30, 2010) S & P CNX MNC S & P CNX MNC
MNC Fund MNC Fund
Dividend : 86.01
Growth : 212.86
Last 5 years 60000 87195 104907 14.95 22.54
Benchmark : S & P CNX MNC
Last 3 years 36000 50530 60702 23.34 37.11
Entry Load : Nil
Date of First Installment : January 01, 2000
Exit Load** : 1% if redeemed / switched out The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of

Sharpe Ratio## : 0.28 Issuer % to Net Issuer % to Net Issuer % to Net
Consumer Non Durables 19.19 Auto Ancillaries 8.81 Diversified 1.31
Glaxosmithkline Consumer Healthcare Ltd. 5.11 Bosch Ltd. 3.84 Hindustan Unilever Ltd. 1.31
Kansai Nerolac Paints Ltd. 3.89 Wabco TVS India Ltd. 3.48
Nestle India Ltd. 3.40 Federal-Mogul Goetze (India) Ltd. 1.50 Consumer Durables 1.26
Colgate-Palmolive (India) Ltd. 3.33 Whirlpool of India Ltd. 1.26
Procter & Gamble Hygiene & Health Care Ltd. 2.17 Industrial Products 7.67
ITC Ltd. 1.29 Construction 0.93
Cummins (India) Ltd. 6.27
Visakha Aqua Farms Ltd** # ITD Cementation India Ltd. 0.93
FAG Bearings India Ltd. 1.40
Pharmaceuticals 15.63 Textiles - Synthetic 0.01
Pfizer Ltd. 4.76 Banks 6.24
Sree Jayalakshmi Autospin Ltd.** 0.01
Glaxosmithkline Pharmaceuticals Ltd. 4.12 ING Vysya Bank Ltd. 6.24
Maruti Cottex Ltd** #
Fulford (India) Ltd. 3.66
Wyeth Ltd. 2.32 Gas 5.87 Paper 0.00
Aventis Pharma Ltd. 0.76 Gujarat Gas Company Ltd. 5.87 Jainpur Straw Board & Papers Ltd. ** #
Industrial Capital Goods 12.20 Auto 4.81 Textiles - Cotton 0.00
Honeywell Automation India Ltd. 3.45 Maruti Suzuki India Ltd. 4.81 Sri Venkatesha Mills Ltd** #
Alstom Projects India Ltd. 3.10
Areva T&D India Ltd. 2.25
Software 3.30 Cash & Cash Equivalents 0.53
Siemens Ltd. 1.96
Oracle Financial Services Software Ltd. 1.70
ABB Ltd. 1.44
Mphasis Ltd. 1.61 Net receivables / payables -0.09
Finance 10.29
CRISIL Ltd. 5.45 Oil 2.04 Total Net Assets 100.00
ICRA Ltd. 4.85 Cairn India Ltd. 2.04
#
Note:
33
h
alt n
We atio s
e n
Cr lutio
S o Birla Sun Life Index Fund

Investment Style
An open-ended index-linked growth scheme with the objective to generate returns commensurate with the performance of Nifty subject to
Value Blend Growth Size tracking errors.
Large
Small
30
23.97 24.30
25
Fund Details 20 16.49 16.43 17.18
16.14
% Returns
15
Managing Fund Since : October 01, 2007 10
Date of inception : September 18, 2002
0
Nature of the scheme : An Open-ended Index Linked 1 Year -0.39 3 Years 5 Years Since Inception
Growth Scheme -5
Birla Sun Life Index Fund - Growth S&P CNX Nifty absolute returns for period less than 1 year & CAGR for period 1 year or more.
Redemption Cheques : Within 10 Working days Systematic Investment Plan (SIP)
issued
Plan (SIP) SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Index Fund...
Systematic Withdrawal : Not Available
Plan (SWP) Value (`) of SIP in Returns (%)*
Systematic Transfer : Not Available Investment Period Total Investment
Plan (STP) (`) Birla Sun Life Birla Sun Life
S&P CNX NIFTY S&P CNX NIFTY
Index Fund Index Fund
Growth : 58.31 Last 5 years 60000 86651 85346 14.69 14.08
Benchmark : S&P CNX NIFTY Last 3 years 36000 48190 47876 19.92 19.45
Last 1 year 12000 13220 13204 19.44 19.18

Load Structure (Incl for SIP) Date of First Installment : October 1, 2002
Entry Load : Nil The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
Exit Load** : 0.50% if redeemed / switched out Past performance may or may not be sustained in future.
within 7 days from the date of *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
allotment
Other Parameter
Beta : 0.98 Banks 16.17 Consumer Non Durables 4.08 Industrial Capital Goods 2.28
ICICI Bank Ltd. 5.94 ITC Ltd. 4.08 Bharat Heavy Electricals Ltd. 1.58
HDFC Bank Ltd. 3.65 Siemens Ltd. 0.53
State Bank of India 3.49 Ferrous Metals 3.23 Suzlon Energy Ltd. 0.18
Axis Bank Ltd. 1.57 Tata Steel Ltd. 1.64
Kotak Mahindra Bank Ltd. 0.79 Jindal Steel & Power Ltd. 1.12 Cement 1.55
Punjab National Bank 0.73 Steel Authority of India Ltd. 0.47 Jaiprakash Associates Ltd. 0.57
Ambuja Cements Ltd. 0.52
Software 10.51 Power 3.06 ACC Ltd. 0.45
Infosys Technologies Ltd. 6.66 NTPC Ltd. 1.07
Tata Consultancy Services Ltd. 2.47 Tata Power Company Ltd. 0.95 Diversified 1.41
Wipro Ltd. 0.95 Reliance Infrastructure Ltd. 0.54 Hindustan Unilever Ltd. 1.41
HCL Technologies Ltd. 0.43 Reliance Power Ltd. 0.26
Power Grid Corporation of India Ltd. 0.25 Gas 1.00
Petroleum Products 7.95 GAIL (India) Ltd. 1.00
Reliance Industries Ltd. 7.55 Pharmaceuticals 2.96
Bharat Petroleum Corporation Ltd. 0.40 Dr. Reddy's Laboratories Ltd. 1.02 Minerals/Mining 0.53
Cipla Ltd. 0.79 Sesa Goa Ltd. 0.53
Auto 5.96 Sun Pharmaceutical Industries Ltd. 0.76
Tata Motors Ltd. 1.78 Ranbaxy Laboratories Ltd. 0.39 Construction 0.50
Mahindra & Mahindra Ltd. 1.48 DLF Ltd. 0.50
Bajaj Auto Ltd. 0.99 Oil 2.52
Hero Honda Motors Ltd. 0.86 Oil & Natural Gas Corporation Ltd. 1.90 Future and Options 21.14
Maruti Suzuki India Ltd. 0.85 Cairn India Ltd. 0.61 CNX Nifty Futures Dec 10 21.14
Finance 5.32 Telecom - Services 2.39 Cash & Cash Equivalents 15.42
HDFC Ltd 4.02 Bharti Airtel Ltd. 1.99
IDFC Ltd. 0.97 Reliance Communications Ltd. 0.40 Net receivables / payables -15.05
Reliance Capital Ltd. 0.33
Non - Ferrous Metals 2.38 Total Net Assets 100.00
Construction Project 4.68 Hindalco Industries Ltd. 1.22
Larsen & Toubro Ltd. 4.68 Sterlite Industries India Ltd. 1.16
Note:
34
h
alt n
We atio s
e n
Cr lutio
So Birla Sun Life India Opportunities Fund

Investment Style
An open-ended growth scheme with the objective to achieve superior long-term growth of capital by investing in shares of companies that do
Value Blend Growth Size one or more of the following: Leverage India's intellectual capital for providing services, research and creative inputs; Seek to use current and
Large impending changes in patent laws / import tariffs / quotas to supply goods and services; Leverage India's lower labour costs for providing
services and manufactured goods; Leverage India's large population of English speaking people for providing services.
Mid
Small Investment Performance
20 17.78
Fund Details 15.34 15.69
15 13.90
Fund Manager : Mr. Atul Penkar 9.03
10 8.18
Total Experience : 10 years % Returns
Date of inception : December 27, 1999 5
Nature of the scheme : An Open-ended Growth Scheme 3 Years
0
1 Year -0.61 5 Years Since Inception
Key Features -1.93
-5
Additional Purchase : ` 1000/- Birla Sun Life India Opportunities Fund - Growth S&P CNX 500
Redemption Cheques : Within 10 working days absolute returns for period less than 1 year & CAGR for period 1 year or more.
issued
Plan (SIP) Systematic Investment Plan (SIP)
Plan (SWP)
Systematic Transfer : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life India Opportunities Fund...
Plan (STP)
Investment Period Total Investment Value (`) of SIP in Returns (%)*

Dividend : 19.06 (`) Birla Sun Life India Birla Sun Life India
S & P CNX 500 S & P CNX 500
Opportunities Fund Opportunities Fund
Growth : 55.98
Since Inception 131000 426686 347278 20.30 16.86
Benchmark : S & P CNX 500
Last 5 years 60000 86182 79520 14.47 11.22
Load Structure (Incl for SIP) Last 3 years 36000 48836 50981 20.87 23.99
Entry Load : Nil
Last 1 year 12000 12948 12867 15.00 13.71
within 7 days from the date of Date of First Installment : January 01, 2000
allotment The data assumes the investment of ` 1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of
**Exit Load is NIL for units issued returns. Past performance may or may not be sustained in future.
in Bonus & Dividend Reinvestment. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Other Parameter
Sharpe Ratio## : -0.25 Portfolio & Asset Allocation
Beta : 0.88
Software 37.81 Sintex Industries Ltd. 3.11 Magnasound India Ltd. ** #
Tata Consultancy Services Ltd. 9.23 Sree Rama Polymers Ltd** #
Infosys Technologies Ltd. 8.39 Auto Ancillaries 2.11
Wipro Ltd. 7.81 Non - Ferrous Metals 5.14 Amtek Auto Ltd. 2.11
Oracle Financial Services Software Ltd. 3.97 Hindalco Industries Ltd. 2.60
Polaris Software Lab Ltd. 2.90 Hindustan Zinc Ltd. 2.54
Ferrous Metals 1.62
Infotech Enterprises Ltd. 2.90
Hardware 4.07 Tata Steel Ltd. 1.62
Sasken Communication Technologies Ltd. 1.51
Core Projects & Technologies Ltd. 1.09 Allied Digital Services Ltd. 4.07
Collabera Solutions Pvt. Ltd. ** # Consumer Non Durables 0.00
Finance 3.48 Oriqua Ltd ** #
CRISIL Ltd. 3.48
Crompton Greaves Ltd. 5.79 Paper 0.00
Petroleum Products 2.82
Honeywell Automation India Ltd. 4.58 Reliance Industries Ltd. 2.82 Jainpur Straw Board & Papers Ltd. ** #
AIA Engineering Ltd. 2.46
Power 2.64 Cash & Cash Equivalents 5.36
Pharmaceuticals 8.96 KEC International Ltd. 2.64
Dr.Reddy's Laboratories Ltd. 3.41
Aurobindo Pharma Ltd 2.84 Construction Project 2.36
Cadila Healthcare Ltd. 2.71 Voltas Ltd. 2.36
Industrial Products 8.42 Media & Entertainment 2.21
Cummins (India) Ltd. 5.31 DQ Entertainment International Ltd. 2.21
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is Nil.
#
Note:
35
h
alt n
We atio s
e n
Cr lutio
S o Birla Sun Life Dividend Yield Plus

Investment Style
An open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of
Value Blend Growth Size dividend paying companies that have a relatively high dividend yield.
Large
Small
35 31.58 32.58
30 26.88
Fund Details 25
19.74
20
% Returns
15.34 16.12 15.69
Managing Fund Since : November 30, 2007
10
1 Year 3 Years -0.61 5 Years Since Inception
-5
Key Features
Birla Sun Life Dividend Yield Plus - Growth S & P CNX 500 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan (SIP)
Systematic Withdrawal : Available SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Dividend Yield Plus...
Plan (SWP)
Birla Sun Life Birla Sun Life
(`) S & P CNX 500 S & P CNX 500
Plans / Options & NAV (As on November 30, 2010) Dividend Yield Plus Dividend Yield Plus
Dividend : 15.25
Growth : 89.30
Last 5 years 60000 86182 112358 14.47 25.39
Benchmark : S & P CNX 500
Last 3 years 36000 48836 60990 20.87 37.48

Last 1 year 12000 12948 13891 15.00 30.55
Exit Load** : 1% if redeemed / switched out The data assumes the investment of ` 1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of
**Exit Load is NIL for units
issued in Bonus & Dividend
Reinvestment.
Other Parameter
Sharpe Ratio## : 0.28 Assets Assets Assets
Beta : 0.81 Banks 16.33 Pharmaceuticals 4.84 Thermax Ltd. 0.56
The South Indian Bank Ltd. 2.25 Wyeth Ltd. 2.11 Bharat Bijlee Ltd. 0.37
Allahabad Bank 2.11 Glaxosmithkline Pharmaceuticals Ltd. 1.99
Syndicate Bank 1.84 Pfizer Ltd. 0.74 Auto Ancillaries 1.99
Oriental Bank of Commerce 1.71 Phillips Carbon Black Ltd. 0.94
Corporation Bank 1.65 Industrial Products 4.22 Lumax Auto Technologies Ltd. 0.64
The Jammu And Kashmir Bank Ltd. 1.51 Cummins (India) Ltd. 2.43
Goodyear India Ltd. 0.41
United Bank Of India 1.44 Greaves Cotton Ltd. 1.26
Standard Chartered PLC - IDR 1.35 Cosmo Films Ltd. 0.53
Ferrous Metals 1.78
Indian Overseas Bank 0.97
Oil 3.88 Tata Sponge Iron Ltd. 1.18
Indian Bank 0.87
Oil & Natural Gas Corporation Ltd. 3.29 PSL Ltd. 0.60
Bank of Maharashtra 0.64
Oil India Ltd. 0.59
Consumer Non Durables 12.23 Engineering 1.57
ITC Ltd. 3.10 Gas 3.69 Engineers India Ltd. 1.57
Glaxosmithkline Consumer Healthcare Ltd. 2.59 Indraprastha Gas Ltd. 1.45
E.I.D. Parry (India) Ltd. 1.71 Gujarat Gas Company Ltd. 1.28 Consumer Durables 1.56
GAIL India Ltd. 0.96 Bajaj Electricals Ltd. 1.56
Kansai Nerolac Paints Ltd. 1.60
Transportation 3.53
Balrampur Chini Mills Ltd. 0.84 Textile Products 1.39
The Great Eastern Shipping Co. Ltd 2.45
Procter & Gamble Hygiene & Health Care Ltd. 0.59 Kewal Kiran Clothing Ltd. 1.23
Gateway Distriparks Ltd. 1.08
Berger Paints India Ltd. 0.58 K. P. R. Mill Ltd. 0.16
Auto 3.16
Petroleum Products 6.04 Bajaj Auto Ltd. 1.69 Minerals/Mining 1.36
Hindustan Petroleum Corporation Ltd. 1.55 Ashok Leyland Ltd. 1.47 Nava Bharat Ventures Ltd. 1.36
Castrol India Ltd. 1.46
Chennai Petroleum Corporation Ltd. 1.11 Finance 2.85 Cement 1.36
Bharat Petroleum Corporation Ltd. 0.99 Rural Electrification Corporation Ltd. 1.82 ACC Ltd. 0.74
Indian Oil Corporation Ltd. 0.93 India Infoline Ltd. 1.01 Orient Paper & Industries Ltd. 0.62
Kirloskar Brothers Investment Ltd.** 0.02
Software 5.37
Tata Consultancy Services Ltd. 2.24 Paper 1.12
Diversified 2.44
Patni Computer Systems Ltd. 1.26 Tamil Nadu Newsprint & Papers Ltd. 1.12
Hindustan Unilever Ltd. 2.44
HCL Technologies Ltd. 0.54
Sasken Communication Technologies Ltd. 0.47 Power 2.32 Construction 0.38
Geometric Ltd. 0.44 KEC International Ltd. 1.34 Indiabulls Real Estate Ltd. 0.38
3i Infotech Ltd. 0.42 Gujarat Industries Power Company Ltd. 0.98
Fertilisers 5.32 Media & Entertainment 2.24
Note: Chambal Fertilisers and Chemicals Ltd. 1.86 Jagran Prakashan Ltd. 2.24 Net receivables / payables 1.19
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using Tata Chemicals Ltd. 1.75
3 years history of monthly returns, source: MFI Explorer Coromandel International Ltd. 1.33 Industrial Capital Goods 2.04 Total Net Assets 100.00
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010). Deepak Fertilisers & Petrochemicals Corporation Ltd. 0.39 Apar Industries Ltd. 1.11
«
«
«
«Value Research Rating# CRISIL~CPR 1^^
Birla Sun Life Dividend Yield Plus Birla Sun Life Dividend Yield Plus
Equity: Mid & Small Cap (51 Schemes), for 3 & 5 Years periods ending 30-Nov-10 Diversified Equity Schemes - Equity (74 Schemes), 2 Yrs ended 30-Sep-10
36
alth
We ation
s
Cr e ution
l
So
Birla Sun Life '95 Fund

Investment Style
An open-ended balanced scheme with the objective of long term growth of capital and current income, through a portfolio of equity and fixed
Value Blend Growth Size income securities
Large
Mid
30
Small 25
24.44
20.43 Other 65.33%
19.29
20
Fund Details 15 12.50

13.86 Cash & Current Assets 19.57%
% Returns
10.53
10
Fund Manager : Mr. Satyabrata Mohanty & AAA 13.16%
3.94
Mr. Nishit Dholakia 5
0 AA 1.95%
Total Experience : 12 years & 10 years 1 Year 3 Years 5 Years Since Inception
Date of inception : February 10, 1995
Nature of the scheme : An Open-ended Balanced Scheme Birla Sun Life 95 Fund - Growth Crisil Balanced Fund Index
Key Features 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Additional Purchase : ` 1000/- Systematic Investment Plan (SIP)
issued SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life '95 Fund...
Plan (SIP)
Systematic Withdrawal : Available Investment Period Total Investment
Plan (SWP) (`) CRISIL Balanced Birla Sun Life '95 CRISIL Balanced Birla Sun Life '95
Systematic Transfer : Available Fund Index Fund Fund Index Fund
Plan (STP)
Since Inception 188000 510265 1852094 11.75 25.68
Benchmark : CRISIL Balanced Fund Index Last 1 year 12000 12908 13298 14.36 20.71
Date of First Installment : April 1, 1995
Load Structure (Incl for SIP) The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
Entry Load : Nil
Exit Load** : 1% if redeemed / switched out
allotment
Bonus & Dividend Reinvestment. Issuer % to Net Rating Issuer % to Net Rating
Assets Assets
Other Parameter Debt Allocation 15.10 Pesticides 2.76
Average Maturity : – Rallis India Ltd. 2.76
Money Market Instruments 13.16
Standard Deviation : 27.61% Central Bank of India 6.65 PR1+ Petroleum Products 2.62
Sharpe Ratio## : 0.13 Union Bank of India 3.90 P1+ Reliance Industries Ltd. 2.62
Bank of Baroda 2.62 A1+
PSU/PFI Bonds/Banks 1.95 Cummins (India) Ltd. 1.59
IDBI Bank Ltd.** 1.95 AA+ Greaves Cotton Ltd. 0.85
Equity Allocation 67.67 Construction Project 2.20
Banks 14.10 Voltas Ltd. 0.75
ICICI Bank Ltd. 2.25 Oil 2.16
HDFC Bank Ltd. 2.19 Oil & Natural Gas Corporation Ltd. 1.42
Axis Bank Ltd. 2.18 Oil India Ltd. 0.73
Allahabad Bank 1.75
State Bank of India 1.59 Mining 1.35
Bank of Baroda 1.50 Coal India Ltd. 1.35
United Bank Of India 0.31
Software 7.34 Whirlpool of India Ltd. 0.67
Infosys Technologies Ltd. 3.08 Bajaj Electricals Ltd. 0.64
Everonn Education Ltd. 0.63 Power 1.27
Career Point Infosystems Ltd. 0.42 Torrent Power Ltd. 0.76
Core Projects & Technologies Ltd. 0.34 Kalpataru Power Transmission Ltd. 0.51
Pharmaceuticals 6.79 Retailing 1.11
Aurobindo Pharma Ltd 1.66 Trent Ltd. CCPS Series A 0.58
Cipla Ltd. 1.51 Trent Ltd. CCPS Series B 0.53
Cadila Healthcare Ltd. 1.14
Lupin Ltd. 1.13 Construction 0.98
Torrent Pharmaceuticals Ltd. 0.74 Ackruti City Ltd. 0.98
Aventis Pharma Ltd. 0.61
Industrial Capital Goods 4.91 Bharti Airtel Ltd. 0.77
Bharat Heavy Electricals Ltd. 1.47
Crompton Greaves Ltd. 1.20 Hotels 0.65
Thermax Ltd. 1.17 Asian Hotels East Ltd. 0.65
Siemens Ltd. 1.07
Minerals/Mining 0.63
Consumer Non Durables 3.91 Nava Bharat Ventures Ltd. 0.63
ITC Ltd. 1.14 Fertilisers 0.62
Bajaj Corp Ltd. 0.74 Coromandel International Ltd. 0.62
United Breweries Holdings Ltd. 0.55
Diversified 0.28
Auto 3.75 Bombay Burmah Trading Corporation Ltd. 0.28
Tata Motors - DVR 1.49 Media & Entertainment 0.00
Ashok Leyland Ltd. 0.73 Zee Learn Ltd** #
Magnasound India Ltd. ** #
Non - Ferrous Metals 2.90 Zee Entertainment Enterprises Ltd. #
Note: Hindalco Industries Ltd. 1.51
Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year Sterlite Industries (India) Ltd. 1.39 Future and Options -2.34
history of monthly returns, source: MFI Explorer. IndusInd Bank Fut Dec 2010 -2.34
Finance 2.83
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010). Shriram Transport Finance Company Ltd. 1.08 Cash & Current Assets 19.57
Power Finance Corporation Ltd. 0.70 Total Net Assets 100.00
#
CRISIL~CPR 2^^ CRISIL~CPR 2^^ «

«
«
«Value Research Rating#
Birla Sun Life ‘95 Fund Birla Sun Life ‘95 Fund Birla Sun Life ‘95 Fund
Consistent CPR Performer- Balanced (14 Schemes), 5 years ended 30-Sep-10 Balanced Schemes (18 Schemes), 2 years ended 30-Sep-10 Hybrid Equity-Oriented (25 Schemes),for 3 & 5 years periods ending 30-Nov-10
37
alth
We ation
s
Cr e ution
l
So
Birla Sun Life Freedom Fund

Investment Style
An open-ended balanced scheme with an objective to balance income requirements with growth of capital through a balance mix of investments
Value Blend Growth Size in equity and debt at relatively moderate levels of risks through a diversified research based investment approach.
Large
Mid
16
Small 13.86
14 12.50
12 11.45 Other 68.59%
10 9.36
Fund Details
% Returns
8
Cash & Current Assets 27.79%
6
Fund Manager : Mr. Maneesh Dangi & 3.40 3.94
4
Mr. Vineet Maloo 2 Sovereign 3.13%
Managing Fund Since : April 20, 2009
0
Total Experience : 10 years & 5 years 1 Year -0.42 3 Years 5 Years Since Inception
-2
Date of inception : October 12, 1999 AAA 0.49%
Nature of the scheme : An Open-ended Balanced Scheme Birla Sun Life Freedom Fund - Growth Crisil Balanced Fund Index
Key Features 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Fresh Purchase : ` 5000/- Systematic Investment Plan (SIP)
issued SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Freedom Fund...
Plan (SIP) Total Value (`) of SIP in Returns (%)*
Systematic Withdrawal : Available Investment
Investment
Plan (SWP) Period CRISIL Balanced Birla Sun Life CRISIL Balanced Birla Sun Life
(`)
Systematic Transfer : Available Fund Index Freedom Fund Fund Index Freedom Fund
Plan (STP)
Since Inception 133000 313471 287223 14.65 13.20
Last 1 year 12000 12908 12280 14.36 4.37

Benchmark : CRISIL Balanced Fund Index
Date of First Installment : November 1, 1999
The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns.
Load Structure (Incl for SIP) Past performance may or may not be sustained in future.
Entry Load : Nil *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)

within 365 days from the date of Portfolio & Asset Allocation
allotment
**Exit Load is NIL for units issued in Issuer % to Net Rating Issuer % to Net Rating
Bonus & Dividend Reinvestment. Assets Assets
Banks 14.26 Petroleum Products 2.93
Other Parameter ICICI Bank Ltd. 2.55 Reliance Industries Ltd. 2.93
Average Maturity : – HDFC Bank Ltd. 2.43
Standard Deviation : 18.92% IndusInd Bank Ltd. 2.33 Oil 2.39
Sharpe Ratio## : -0.38 Axis Bank Ltd. 2.18 Oil & Natural Gas Corporation Ltd. 1.59
Bank of Baroda 1.69 Oil India Ltd. 0.81
State Bank of India 1.59
The South Indian Bank Ltd. 0.75 Pesticides 2.34
Dena Bank 0.74 Rallis India Ltd. 2.34
Software 7.92 Construction Project 2.28

Infosys Technologies Ltd. 3.24 Larsen & Toubro Ltd. 2.28
HCL Technologies Ltd. 1.55 Industrial Products 1.78
Core Projects & Technologies Ltd. 0.68 Cummins (India) Ltd. 1.78
Globsyn Infotech Ltd. 0.05
Collabera Solutions Pvt. Ltd. ** # Mining 1.69
Coal India Ltd. 1.69
Bharat Heavy Electricals Ltd. 1.52 Cement 1.57
Thermax Ltd. 1.31 Grasim Industries Ltd. 1.57
Crompton Greaves Ltd. 1.25
Siemens Ltd. 1.15 Auto Ancillaries 1.46
Gujarat Apollo Industries Ltd. 0.65 MRF Ltd. 1.46
Pharmaceuticals 4.92 Consumer Durables 1.38

Cipla Ltd. 2.37 Whirlpool of India Ltd. 0.74
Sun Pharmaceutical Industries Ltd. 1.65 Bajaj Electricals Ltd. 0.64
Cadila Healthcare Ltd. 0.90
Construction 0.98
Auto 4.17 Ackruti City Ltd. 0.98
Tata Motors - DVR 1.70
Bharti Airtel Ltd. 0.96
Ashok Leyland Ltd. 0.76
Hotels 0.87
Asian Hotels East Ltd. 0.87
Bajaj Corp Ltd. 1.47
ITC Ltd. 1.28
Retailing 0.71
Trent Ltd. 0.71
Non - Ferrous Metals 3.24 Corporate Debt 0.49
Hindalco Industries Ltd. 1.65 HDFC Bank Ltd. 0.49 AAA
Note: Sterlite Industries (India) Ltd. 1.59
IT Consulting & Services 0.00
history of monthly returns, source: MFI Explorer. Government Bond 3.13
##Risk-free rate assumed to be 6.85% (91 day T-bill yield As on November 30, 2010). Globsyn Technologies Ltd** #
07.61% OIL COMP GOI BONDS 2015 3.13 Sovereign
Finance 3.00
Housing Development Finance Corporation Ltd. 1.53 Total Net Assets 100.00
#
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Birla Sun Life Asset Allocation Fund

Credit Quality
Interest rate An open-ended Fund of Funds scheme with the objective to provide income and capital appreciation along with diversification by investing in a
High Mid Low sensitivity basket of debt and equity Mutual Fund schemes in line with the risk profile of the investors.
High
Mid Investment Performance - Aggressive Plan Investment Performance - Moderate Plan

30 27.86 18
Low 16.64
15.68
25 16
13.86 14.09
20.33 14
18.65 12.00 12.50
20 17.71
% Returns
17.18 12
% Returns
16.49
Fund Details 10 8.82
15
10.27 8
Fund Manager : Mr. Satyabrata Mohanty 10 6
3.94
5
Total Experience : 12 years 0.57 2
Date of inception : February 24, 2004 0 0
Nature of the scheme : An Open-ended Fund of Funds 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Scheme Birla Sun Life AAF Aggressive Plan - Growth S & P CNX Nifty Birla Sun Life AAF Moderate Plan - Growth Crisil Balanced Fund Index
Past performance may or may not be sustained in future. Returns are in % and absolute returns for Past performance may or may not be sustained in future. Returns are in % and absolute returns for
Key Features period less than 1 year & CAGR for period 1 year or more. period less than 1 year & CAGR for period 1 year or more.
Redemption Cheques : Within 10 working days Investment Performance - Conservative Plan
issued
Plans / Options & NAV (As on November 30, 2010) 11.20

12 11.13
Aggressive Plan
Dividend : 35.5829 10
8.36 7.86
(Payout & Reinvestment) 7.31 7.34
8
Growth : 35.5829
% Returns
6.42 5.95
Conservative Plan 6
Dividend : 20.6188 4
Growth : 20.6188 2
Moderate Plan 0
Dividend : 28.7288 1 Year 3 Years 5 Years Since Inception
Birla Sun Life AAF Conservative Plan - Growth Crisil MIP Blended Index
Growth : 28.7288
Past performance may or may not be sustained in future. Returns are in % and absolute returns for
Benchmark period less than 1 year & CAGR for period 1 year or more.
Aggressive Plan : S&P CNX NIFTY
Moderate Plan : CRISIL Balanced Fund Index
Conservative Plan : CRISIL MIP Blended Index
Portfolio & Asset Allocation - Aggressive Plan Portfolio & Asset Allocation - Moderate Plan
Load Structure Issuer % to Net Assets Issuer % to Net Assets

Entry Load : Nil Mutual Fund Units 96.86 Mutual Fund Units 92.84
Exit Load : Nil Birla Sun Life Midcap Fund - Growth 17.75 Birla Sun Life Dynamic Bond Fund - Growth 22.59
Birla Sun Life Index Fund - Growth 17.50 Birla Sun Life Index Fund - Growth 20.74
Birla Sun Life Buy India Fund - Growth 13.61 Birla Sun Life Midcap Fund - Growth 11.82
Other Parameter Birla Sun Life MNC Fund - Growth 13.25 Birla Sun Life Gilt Plus Regular Plan - Growth 7.96
Standard Deviation Birla Sun Life India Opportunities Fund - Growth 11.38 Birla Sun Life Govt. Securities Fund - Long Term Plan - Growth 6.89
Birla Sun Life Dynamic Bond Fund - Growth 11.38 Birla Sun Life Buy India Fund - Growth 5.93
Aggressive Plan : 10.14% Birla Sun Life International Equity Fund Plan A - Growth 5.45
Conservative Plan : 2.97% Birla Sun Life Gilt Plus Regular Plan - Growth 6.74
Birla Sun Life India Opportunities Fund - Growth 4.06
Moderate Plan : 6.92% Birla Sun Life Income Fund - Growth 2.70
Birla Sun Life MNC Fund - Growth 3.93
Birla Sun Life Ultra Short Term - Growth 2.09 Birla Sun Life Income Fund - Growth 1.83
Birla Sun Life Gilt Plus PF Plan- Growth 0.45 Birla Sun Life Ultra Short Term Fund - Growth 1.64
Cash & Cash Equivalents 3.00 Cash & Cash Equivalents 9.33
Net receivables / payables 0.14 Net receivables / payables -2.17
Total Net Assets 100.00 Total Net Assets 100.00
Portfolio & Asset Allocation - Conservative Plan
Issuer % to Net Assets

Mutual Fund Units 82.76
Birla Sun Life Dynamic Bond Fund - Growth 22.87
Birla Sun Life Gilt Plus Regular Plan - Growth 13.18
Birla Sun Life Ultra Short Term Fund - Growth 8.81
Birla Sun Life Income Plus Fund - Growth 8.30
Birla Sun Life Index Fund - Growth 6.37
Birla Sun Life Midcap Fund - Growth 5.63
Birla Sun Life Cash Manager - Retail Growth 4.66
Birla Sun Life MNC Fund - Growth 3.22
Birla Sun Life Govt. Securities Fund - Long Term Plan - Growth 2.95
Birla Sun Life India Opportunities Fund - Growth 2.70
Birla Sun Life Income Fund - Growth 2.13
Birla Sun Life International Equity Fund Plan A -Growth 1.94

Note:
Standard Deviation is calculated on annualised basis using 1 year history of monthly Net receivables / payables 2.77
Winner of Winner of
Best Fund - 3 yrs performance Lipper Awards India 2010
&
Best Fund - 5 yrs performance Lipper Awards India 2010&
Birla Sun Life Asset Allocation Fund - Moderate Plan - Growth Birla Sun Life Asset Allocation Fund - Moderate Plan - Growth
9
Mixed Asset INR Balanced, (6 schemes) 3 Yrs Performance (2007-2009) Mixed Asset INR Balanced, (6 schemes) 5 Yrs Performance (2005-2009)
«
«
«« «
«
«« «
«
«
«
# #
Value Research Rating# Value Research Rating Value Research Rating
Birla Sun Life AAF - Aggressive Birla Sun Life AAF - Conservative Birla Sun Life AAF - Moderate
Equity Multi Cap (43 Schemes),for 3 & 5 years periods ended 30-Nov-10 Hybrid: Debt-oriented Conservative (46 Schemes),for 3 & 5 years periods ended 30-Nov-10 Hybrid: Debt-oriented Aggressive (11 Schemes),for 3 & 5 years periods ended 30-Nov-10
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Special Situations Fund

Investment Style
An open-ended diversified equity scheme with an objective of the scheme is to generate long-term growth of capital by investing in a portfolio
Value Blend Growth Size of equity and equity related securities. The Scheme would follow an investment strategy that would take advantage of Special Situations &
Large Contrarian investment style.

Small
20 17.30 16.43
Fund Details 15
% Returns
10
Fund Manager : Mr. Sanjay Chawla
Managing Fund Since : September 02, 2008 5 3.39
Nature of the scheme : An Open-ended Diversified
Equity Scheme
Birla Sun Life Special Situations Fund - Growth BSE 200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Redemption Cheques : Within 10 business days
Plan (SIP) SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Special Situations Fund...
Plan (SWP)
Plan (STP) Birla Sun Life Special Birla Sun Life Special
(`) BSE 200 BSE 200
Situations Fund Situations Fund
Growth : 10.64 Last 1 year 12000 13084 12818 17.22 12.91
Benchmark : BSE 200 Date of First Installment : April 01, 2008
The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of
returns. Past performance may or may not be sustained in future.
Load Structure (Incl for SIP) *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Entry Load : Nil
allotment Portfolio & Asset Allocation
Other Parameter Assets Assets Assets
Standard Deviation : 16.26% Banks 15.60 Media & Entertainment 4.11 Consumer Non Durables 2.24
Sharpe Ratio## : 0.64 HDFC Bank Ltd. 5.07 Sun TV Network Ltd. 1.72 Dabur India Ltd. 2.24
Beta : 0.86 ICICI Bank Ltd. 4.56 Television Eighteen India Ltd. 1.46
Axis Bank Ltd. 3.27 Balaji Telefilms Ltd. 0.93 Transportation 2.14
Punjab National Bank 2.70 Jet Airways India Ltd. 1.65
Auto Ancillaries 3.96 Shipping Corporation of India Ltd. 0.49
Auto 8.70 Amtek Auto Ltd. 2.19
Bosch Ltd. 1.77 Oil 1.92
Oil India Ltd. 1.92
Tata Motors Ltd. 4.21
Ashok Leyland Ltd. 0.05 Pharmaceuticals 3.68
Cipla Ltd. 2.05 Minerals/Mining 1.91
Ranbaxy Laboratories Ltd. 0.98 Nava Bharat Ventures Ltd. 1.40
Software 8.28 Coal India Ltd. 0.51
Wipro Ltd. 2.86 Pfizer Ltd. 0.66
Oracle Financial Services Software Ltd. 2.85 Hardware 1.80
Core Projects & Technologies Ltd. 1.30 Paper 3.63 Allied Digital Services Ltd. 1.80
Patni Computer Systems Ltd. 1.27 Ballarpur Industries Ltd. 3.63
Chemicals 1.38
Power 3.61 Solar Industries India Ltd. 1.38
Finance 6.86
PTC India Ltd. 3.27
Power Grid Corporation of India Limited 0.34 Construction 1.05
IDFC Ltd. 1.59
DLF Ltd. 1.05
Retailing 3.37
Industrial Products 6.61 Pantaloon Retail (India) Ltd. 3.36 Non - Ferrous Metals 0.04
Jain Irrigation Systems Ltd. 3.61 Agre Developers Ltd.** 0.01 Hindalco Industries Ltd. 0.04
Bharat Forge Ltd. 3.00
Telecom-Services 2.70 Ferrous Metals 0.00
Industrial Capital Goods 5.65 Bharti Airtel Ltd. 2.70 Jindal Steel & Power Ltd. #
Crompton Greaves Ltd. 4.29
ABG Shipyard Ltd. 1.36 Textile Products 2.34 Cash & Cash Equivalents 2.55
Raymond Ltd. 2.34
Petroleum Products 4.33 Net receivables / payables -0.81
Reliance Industries Ltd. 4.04 Telecom - Equipment & Accessories 2.34
Castrol India Ltd. 0.30 OnMobile Global Ltd. 2.34 Total Net Assets 100.00
#
Note:
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis. The
fund has completed 1 year but yet to complete 3 years since its inception so the ratio
is calculated on the basis of historical 1 year returns, source: MFI Explorer
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Commodity Equities Fund
Fund Manager : Mr. Ankit Sancheti and An Open ended Growth Scheme with the objective to offer long term growth of capital, by investing in (1) stocks of commodity companies, i.e.,
Mr. Vineet Maloo companies engaged in or focusing on the specified commodity business and/or (2) overseas mutual fund scheme(s), that have similar
Managing Fund Since : Since Inception investment objectives. These securities could be issued in India or overseas.
Total Experience : 11 years / 5 Years
Date of inception : November 07, 2008
Nature of the scheme : An Open-ended Growth Scheme Investment Performance Investment Performance Investment Performance
(Global Agri Plan) (Global Precious Metals Plan) (Global Multi Commodity Plan)
Key Features
40 37.69 60
Default option : Default Plan: Retail Plan 52.79 20
Default Option: Growth 35 18 17.23
50
Default Facility: Dividend 30 28.35 16
Reinvestment 40 14 12.57
% Returns
% Returns
Retail Plan 25
% Returns
12
Fresh Purchase : ` 5000/- 20 30 10 8.89
Additional Purchase : ` 1000/- 15.2116.37
15 20.70 8
Institutional Plan 20 15.47 6
Fresh Purchase : ` 5,00,00,000/- 10 12.01 3.53
4
5 2
0 0
issued 0 1 Year Since Inception
1 Year Since Inception 1 Year Since Inception
Plan (SIP) Birla Sun Life Commodity Equities Fund - S&P Global Agriculture Birla Sun Life Commodity Equities Fund - Dow Jones Precious Birla Sun Life Commodity Equities Fund - MSCI World index
Global Agri Plan Retail - Growth business index Global Precious Metal - Retail Growth Metal Index Global Multi commodity - Retail Growth
Plan (SWP) Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Plan (STP)
Portfolio & Asset Allocation (Global Agri Plan)
Global Agri Plan Issuer % to Net Issuer % to Net Issuer % to Net
Retail Plan Assets Assets Assets
Dividend : 16.73
Foreign Equity 94.05 Golden Agri-Resources Ltd 2.84 GrainCorp Ltd 2.35
Growth : 16.73 Indofood Agri Resources Ltd 2.50 Yara International ASA 3.74
Global Multi Commodity Plan K+S AG 3.54
Potash Corp of Saskatchewan Inc 5.83 Noble Group Ltd 2.44
Retail Plan
Dividend : 13.88 Syngenta AG 2.76
CF Industries Holdings Inc 4.94 Cosan Sa Industria E Comercio 2.84
(Payout, Reinvestment & Sweep) IOI Corporation Bhd 2.39
Growth : 13.88 Deere & Co 4.86 JBS SA 2.77
Kubota Corp 1.98
Global Precious Metals Plan Monsanto Co 4.75 BRF - Brasil Foods SA 2.05
Retail Plan Namhae Chemical Corp 1.95
Dividend : 14.74 Cosan Ltd 4.31 Chaoda Modern Agriculture Holdings Ltd 3.12
(Payout, Reinvestment & Sweep) Agrium Inc 4.29 China Agri-Industries Holdings Ltd 2.20
Growth : 14.74 Cash & Cash Equivalents 7.33
Mosaic Co 4.16 Sinofert Holdings Ltd 2.11
Benchmark (for all plans) : Global Agri business index FMC Corp 3.97 Sino-Forest Corp 3.08 Net receivables / payables -1.38
MSCI World index
Dow Jones Precious Metals Index AGCO Corp 3.51 Viterra Inc 2.67
CNH Global NV 3.41 Incitec Pivot Ltd 2.69 Total Net Assets 100.00

Entry Load : Nil
Exit Load** : 3% if redeemed / switched out Portfolio & Asset Allocation (Global Multi Commodity Plan)
allotment. For redemption/switch- Issuer % to Net
out of units after 30 days but
before 365 days from the date of
allotment: 1.00% of applicable Agriculture 21.23 Monsanto Co 2.35 Newmont Mining Corp 2.32
NAV. For redemption/switch-out Petroleo Brasileiro SA 2.64 IAMGOLD Corp 2.29
Potash Corp of Saskatchewan Inc 3.09
of units after 365 days from the
date of allotment: Nil. CF Industries Holdings Inc 2.48 Agnico-Eagle Mines Ltd 2.29
**Exit Load is NIL for units Deere & Co 2.43 Industrial Metal 16.06 Goldcorp Inc 2.25
issued in Bonus & Dividend Yamana Gold Inc 2.15
Reinvestment. Mosaic Co 2.41 Freeport-McMoRan Copper & Gold Inc 2.14
Cosan Ltd 2.24 Vale SA 2.04
Other Parameter Agrium Inc 2.20 United States Steel Corp 1.95 Water 4.83
Global Agri Plan FMC Corp 2.18 Kinross Gold Corp 1.72 Nalco Holding Co 0.79
Standard Deviation : 22.51% Yara International ASA 2.10 Pall Corp 0.76
Cliffs Natural Resources Inc 1.54
Sharpe Ratio## : 0.37 IDEX Corp 0.68
Chaoda Modern Agriculture Holdings Ltd 2.10 Mechel 1.31
Beta : 0.84
Anglo American PLC 1.57 Watts Water Technologies Inc 0.61
Global Multi Commodity Plan
Standard Deviation : 16.69% Energy 31.04 Vedanta Resources PLC 1.30 Pentair Inc 0.57
Sharpe Ratio## : 0.12 Exxon Mobil Corp 4.85 Atlas Iron Ltd 1.37 Geberit AG 0.77
Beta : 0.88 Schlumberger Ltd 3.31 Mount Gibson Iron Ltd 1.13 Veolia Environnement SA 0.64
Global Precious Metals Plan
Halliburton Co 3.29
Standard Deviation : 21.13% Cash & Cash Equivalents 8.67
Sharpe Ratio## : 0.24 Apache Corp 3.12 Precious Metal 22.08
Beta : 0.72 Hess Corp 3.02 Barrick Gold Corp 3.36
Occidental Petroleum Corp 2.94 Silver Wheaton Corp 2.67
Marathon Oil Corp 2.90 AngloGold Ashanti Ltd 2.38
Chesapeake Energy Corp 2.62 Eldorado Gold Corp 2.37 Total Net Assets 100.00
Portfolio & Asset Allocation (Global Precious Metals Plan)

Note: Assets Assets
fund has completed 1 year but yet to complete 3 years since its inception so the ratio is Foreign Equity 94.54 Golden Star Resources Ltd 2.78
calculated on the basis of historical 1 year returns, source: MFI Explorer Centamin Egypt Ltd 3.09
Barrick Gold Corp 5.29 Petropavlovsk Plc 2.84
Newmont Mining Corp 4.65 Aquarius Platinum Ltd 2.30
Goldcorp Inc 4.34 Newcrest Mining Ltd 3.11
Agnico-Eagle Mines Ltd 4.06 Andean Resources Ltd 2.18
Silver Wheaton Corp 3.98 PanAust Ltd 2.17
Kinross Gold Corp 3.80 Alamos Gold Inc 3.05
Harmony Gold Mining Co Ltd 3.70 New Gold Inc 2.98
Yamana Gold Inc 3.57 Impala Platinum Holdings Ltd 2.25
AngloGold Ashanti Ltd 3.54 Anglo Platinum Ltd 2.11
Hecla Mining Co 3.53 Umicore 1.75
Gold Fields Ltd 3.49
Royal Gold Inc 3.38 Cash & Cash Equivalents 6.04
Eldorado Gold Corp 3.36
Cia de Minas Buenaventura SA 3.35 Net receivables / payables -0.58
Randgold Resources Ltd 3.34
Pan American Silver Corp 3.34 Total Net Assets 100.00
IAMGOLD Corp 3.19
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International Equity Fund - Plan A

Fund Manager : Mr. Mahesh Patil & An open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified
Mr. Vineet Maloo portfolio of equity and equity related securities in the international markets.
Managing Fund Since : Since Inception
Total Experience : 20 years / 5 years
Nature of the scheme : An Open-ended Diversified Investment Performance
Equity Scheme
Key Features 6
4.08
Fresh Purchase : ` 5000/- 2.04
2
Additional Purchase : ` 1000/- 3 Years Since Inception
Redemption Cheques : Within 10 working days 0
% Returns
issued -2 1 Year
Plan (SIP) -4 -3.10 -2.95
Systematic Withdrawal : Available -6 -4.82
Plan (SWP) -5.88
Systematic Transfer : Available -8
Plan (STP)
Birla Sun Life International Equity Fund Plan A - Growth S&P Global 1200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Dividend : 9.12
Growth : 9.12 Systematic Investment Plan (SIP)
Benchmark : S&P Global 1200
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan A...
Load Structure (Incl for SIP) Value (`) of SIP in Returns (%)*
Entry Load : Nil Investment Period Total Investment
(`) S&P Global Birla Sun Life International S&P Global Birla Sun Life International
within 365 days from the date of 1200 Equity Fund - Plan A 1200 Equity Fund - Plan A
allotment Since Inception 35000 38166 39059 3.84 5.38
Last 1 year 12000 12437 12949 6.84 15.03
Other Parameter Date of First Installment : December 01, 2007
Standard Deviation : 17.35% The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of
Sharpe Ratio## : -0.57 returns. Past performance may or may not be sustained in future.
Beta : 0.80 *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)

Foreign Equity 97.71 Accenture PLC 1.41 Denmark 2.08

POSCO 0.91 Carlsberg A/S 2.08
United States of America 55.45 Hewlett-Packard Co 0.72
France 1.69
Pride International Inc 3.89
Hong Kong 18.54 Alstom SA 1.69
Coach Inc 3.87
Abercrombie & Fitch Co 3.76 Wharf Holdings Ltd 4.90
Industrial & Commercial Bank of China Asia Ltd 4.77 Norway 1.50
Coca-Cola Co 3.34 Statoil ASA 1.50
China Construction Bank Corp 4.22
PPG Industries Inc 2.98
MTR Corp 2.55
Wal-Mart Stores Inc 2.82 Australia 1.40
Jiangsu Expressway Co Ltd 1.98
Northrop Grumman Corp 2.74 Rio Tinto Ltd 1.40
China Construction Bank Corp - Rights 0.11
Chubb Corp 2.59
Aeropostale Inc 2.50 Spain 1.38
Switzerland 5.23
Foster Wheeler AG 2.46 Iberdrola SA 1.38
Nestle SA 3.28
Exxon Mobil Corp 2.33
Roche Holding AG 1.94
Noble Corp 2.24 Singapore 1.03
Teva Pharmaceutical Industries Ltd 2.16 Singapore Telecommunications Ltd 1.03
Germany 3.47
Aetna Inc 2.11 Bayer AG 2.05 Sweden 1.02
Itau Unibanco Holding SA 1.99 ThyssenKrupp AG 1.42 Tele2 AB 1.02
Oracle Corp 1.94
International Business Machines Corp 1.87 United Kingdom 2.49 Cash & Cash Equivalents 3.28
Microsoft Corp 1.82 Centrica PLC 2.49
Taiwan Semiconductor Manufacturing Co Ltd 1.78 Net receivables / payables -0.98
BMC Software Inc 1.62 Netherlands 2.43
Cognizant Technology Solutions Corp 1.59 Akzo Nobel NV 2.43 Total Net Assets 100.00
Note:
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International Equity Fund - Plan B
Fund Manager : Mr. Atul Penkar & An open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified
Mr. Vineet Maloo portfolio of equity and equity related securities in the domestic and international markets.
Managing Fund Since : July 29, 2010 / Since inception
Total Experience : 10 years / 5 years
Nature of the scheme : An Open-ended Diversified
Equity Scheme
15 14.12
11.63
Key Features
% Returns
Redemption Cheques : Within 10 working days 5
issued
Systematic Investment : Available 3 Years Since Inception
Plan (SIP) 0
Systematic Withdrawal : Available 1 Year -0.48 -0.36 -0.76
-1.15
Plan (SWP) -5
Systematic Transfer : Available + A customized benchmark created using BSE 200 to the extent of 65% of
portfolio and S&P Global 1200 to the extent of 35% of Portfolio.
Plan (STP)
Birla Sun Life International Equity Fund Plan B - Growth Customized Index+ Past performance may or may not be sustained in future. Returns are in % and
Plans / Options & NAV (As on November 30, 2010) absolute returns for period less than 1 year & CAGR for period 1 year or more.
Dividend : 9.89
Growth : 9.89 Systematic Investment Plan (SIP)
Benchmark : Customised Index†
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan B...
†A customized benchmark created using BSE 200 to the extent of 65% of portfolio
and S&P Global 1200 to the extent of 35% of portfolio.
Load Structure (Incl for SIP) Investment Period Total Investment
(`) Customised Birla Sun Life International Customised Birla Sun Life International
Entry Load : Nil
Index† Equity Fund - Plan B Index† Equity Fund - Plan B
within 365 days from the date of Since Inception 35000 45654 46184 16.07 16.89
allotment
**Exit Load is NIL for units issued Last 1 year 12000 12876 13200 13.84 19.11
Date of First Installment : December 01, 2007
Other Parameter The data assumes the investment of `1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of
Standard Deviation : 27.46% returns. Past performance may or may not be sustained in future.
Sharpe Ratio## : -0.29 *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Beta : 0.90 †A customized benchmark created using BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio.

Foreign Equity 26.52 United Kingdom 0.59 Power 4.53
Centrica PLC 0.59 PTC India Ltd. 1.30
United States of America 15.07 Reliance Infrastructure Ltd. 1.20
Abercrombie & Fitch Co 1.07 Denmark 0.50 GVK Power & Infrastructure Ltd. 1.06
Pride International Inc 1.01 Carlsberg A/S 0.50 Kalpataru Power Transmission Ltd. 0.96
Coach Inc 1.01
Coca-Cola Co 0.95 France 0.44 Construction 3.42
PPG Industries Inc 0.85 Alstom SA 0.44 J Kumar Infraprojects Ltd. 1.27
Sadbhav Engineering Ltd. 1.20
Northrop Grumman Corp 0.71
Ramky Infrastructure Ltd. 0.96
Wal-Mart Stores Inc 0.68 Spain 0.43
Chubb Corp 0.67 Iberdrola SA 0.43
Exxon Mobil Corp 0.61
Aeropostale Inc 0.59 Australia 0.31 Nagarjuna Construction Company Ltd. 0.94
Noble Corp 0.59 Rio Tinto Ltd 0.31
Foster Wheeler AG 0.58 Petroleum Products 2.89
Teva Pharmaceutical Industries Ltd 0.53 Sweden 0.21 Reliance Industries Ltd. 2.89
Aetna Inc 0.52 Tele2 AB 0.21
Itau Unibanco Holding SA 0.52 Auto Ancillaries 2.84
Taiwan Semiconductor Manufacturing Co Ltd 0.51 Singapore 0.21 Exide Industries Ltd. 1.62
Travelers Cos Inc/The 0.48 Singapore Telecommunications Ltd 0.21 Bosch Ltd. 1.22
Microsoft Corp 0.48
BMC Software Inc 0.46 Domestic Equity 70.20 Pharmaceuticals 2.77
Oracle Corp 0.46 Dr.Reddy's Laboratories Ltd. 2.77
Cognizant Technology Solutions Corp 0.45 Banks 13.92
International Business Machines Corp 0.43 ING Vysya Bank Ltd. 3.30 Auto 2.70
Accenture PLC 0.40 ICICI Bank Ltd. 2.35 Tata Motors Ltd. 2.70
POSCO 0.27 HDFC Bank Ltd. 2.17
Hewlett-Packard Co 0.22 Allahabad Bank 1.84 Oil 2.62
Oil & Natural Gas Corporation Ltd. 2.62
Hong Kong 4.84 Axis Bank Ltd. 1.56
Wharf Holdings Ltd 1.28 Telecom-Services 2.60
Industrial & Commercial Bank of China Asia Ltd 1.25 Bharti Airtel Ltd. 2.60
China Construction Bank Corp 1.10 Software 7.62 Media & Entertainment 2.00
MTR Corp 0.60 Tata Consultancy Services Ltd. 3.89 Hindustan Media Ventures Ltd. 1.35
Jiangsu Expressway Co Ltd 0.58 Infosys Technologies Ltd. 3.73 Jagran Prakashan Ltd. 0.65
China Construction Bank Corp - Rights 0.03
Industrial Capital Goods 5.68 Non - Ferrous Metals 1.84
Note: Switzerland 1.43 Crompton Greaves Ltd. 2.54 Hindalco Industries Ltd. 1.84
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using Nestle SA 0.94 Siemens Ltd. 1.64
3 years history of monthly returns, source: MFI Explorer Roche Holding AG 0.49
Bharat Heavy Electricals Ltd. 1.51 Cement 1.58
Germany 0.91 Consumer Non Durables 4.72
Bayer AG 0.51 Colgate-Palmolive (India) Ltd. 2.13 Ferrous Metals 0.67
ThyssenKrupp AG 0.41 ITC Ltd. 1.85 Jindal Saw Ltd. 0.67
United Breweries Holdings Ltd. 0.74
Norway 0.86 Cash & Cash Equivalents 4.34
Statoil ASA 0.86 Finance 4.59
ICRA Ltd. 2.08 Net receivables / payables -1.06
Netherlands 0.72 Mahindra & Mahindra Financial Services Ltd. 1.43
Akzo Nobel NV 0.72 HDFC Ltd 1.08 Total Net Assets 100.00
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S o Birla Sun Life Small & Mid Cap Fund@

Investment Style
An Open ended Small and Mid Cap Equity Scheme with an objective to generate consistent long-term capital appreciation by investing
Value Blend Growth Size predominantly in equity and equity related securities of companies considered to be small and mid cap. The Scheme may also invest a certain
Large portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time.
Mid
Small
30 26.23
24.59
Fund Details 25
20
Fund Manager : Mr. Sanjay Chawla 13.91
% Returns
Date of inception : May 31, 2007
Nature of the scheme : A open-ended Small & Mid Cap 5 2.68 3.67
Equity Scheme
0
Default option : Dividend Payout Birla Sun Life Small & Midcap Fund - Growth S & P CNX Midcap absolute returns for period less than 1 year & CAGR for period 1 year or more.
issued Portfolio Asset Allocation
Plan (SIP) Issuer % to Net Issuer % to Net Issuer % to Net
Systematic Withdrawal : Not Available Assets Assets Assets
Plan (SWP) Banks 14.35 Industrial Capital Goods 5.68 Pesticides 2.21
Systematic Transfer : Available ING Vysya Bank Ltd. 4.34 Hindustan Dorr-Oliver Ltd. 2.03 Rallis India Ltd. 2.21
Plan (STP)
United Bank Of India 3.46 McNally Bharat Engineering Co Ltd 1.88
Oriental Bank of Commerce 3.01 ABG Shipyard Ltd. 1.77 Paper 2.17
Plans / Options & NAV (As on November 30, 2010) The South Indian Bank Ltd. 2.27 Ballarpur Industries Ltd. 2.17
Dividend : 13.09 Bank of Maharashtra 1.28 Fertilisers 4.49
(Payout & Reinvestment) Aries Agro Ltd. 2.54 Software 2.15
Growth : 13.09 Consumer Non Durables 11.01 Zuari Industries Ltd. 1.95 Geometric Ltd. 2.15
Radico Khaitan Ltd. 3.94
Benchmark : S & P CNX Midcap
Glaxosmithkline Consumer Healthcare Ltd. 3.01 Finance 4.15 Textile Products 1.90
Zydus Wellness Ltd. 2.16 ICRA Ltd. 4.15 S. Kumars Nationwide Ltd. 1.15
Load Structure (Incl. for SIP) Marico Ltd. 0.97 K. P. R. Mill Ltd. 0.75
Entry Load : Nill Bajaj Corp Ltd. 0.93 Industrial Products 3.63
Greaves Cotton Ltd. 3.63 Ferrous Metals 1.66
within 365 days from the date of Auto Ancillaries 8.39 Jindal Saw Ltd. 1.66
allotment Wabco TVS India Ltd. 4.83 Transportation 3.44
**Exit Load is NIL for units issued Sundaram-Clayton Ltd. 3.56 Arshiya International Ltd. 1.92 Auto 1.30
Cox & Kings Ltd. 1.53 TVS Motor Company Ltd. 1.30
Construction 6.49
Other Parameter
JMC Projects (India) Ltd. 3.68 Hotels 2.30 Chemicals 1.03
Ramky Infrastructure Ltd. 1.46 Indian Hotels Company Ltd. 2.30 Solar Industries India Ltd. 1.03
Beta : 0.93 HSIL Ltd. 1.36
Pharmaceuticals 2.27 Engineering Services 0.96
Power 6.45 Pfizer Ltd. 2.27 VA Tech Wabag Ltd. 0.96
Jyoti Structures Ltd. 2.47
PTC India Ltd. 2.12 Consumer Durables 2.25 Cash & Cash Equivalents 3.55
Kalpataru Power Transmission Ltd. 1.86 Whirlpool of India Ltd. 2.25
Media & Entertainment 6.09 Cement 2.23
Jagran Prakashan Ltd. 4.48 Century Textiles and Industries Ltd. 1.29 Total Net Assets 100.00
Dish TV India Ltd. 1.60 The India Cements Ltd. 0.94
Note:
44
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S o Birla Sun Life India Reforms Fund
Fund Manager : Mr. Ankit Sancheti An Open ended Equity Scheme with an investment objective is to generate growth and capital appreciation by building a portfolio of companies
Managing Fund Since : Since Inception that are expected to benefit from the economic reforms, PSU divestment and increased government spending.
Date of inception : June 25, 2010
Nature of the scheme : A open-ended Equity Scheme
Key Features
Fresh Purchase : ` 5000/- 9.53
Additional Purchase : ` 1000/- 9.52
Redemption Cheques : Within 10 working days 9.52
issued
9.51
% Returns
Plan (SIP)
9.50
Plan (SWP) 9.50
Plan (STP) 9.49
Since Inception
Plans / Options & NAV (As on November 30, 2010) Past performance may or may not be sustained in future. Returns are in % and
Dividend : 10.95 Birla Sun Life India Reforms Fund - Growth S&P CNX 500 absolute returns for period less than 1 year.
Growth : 10.95
Benchmark : S&P CNX 500 Portfolio Asset Allocation

Load Structure (Incl of SIP) Assets Assets Assets
Entry Load : Nill Banks 19.44 IL&FS Transportation Networks Ltd. 1.00 Bharat Petroleum Corporation Ltd. 1.34
Federal Bank Ltd. 3.38 Indian Oil Corporation Ltd. 0.98
Exit Load** : 1% if redeemed / switched out State Bank of India 3.28 Retailing 5.96
within 1 year from the date of IDBI Bank Ltd. 2.75 Pantaloon Retail (India) Ltd. 2.15 Gas 3.68
allotment Syndicate Bank 2.52 Trent Ltd. 1.66 GAIL India Ltd. 2.42
**Exit Load is NIL for units issued Kotak Mahindra Bank Ltd. 2.23 Shoppers Stop Ltd. 1.59 Indraprastha Gas Ltd. 1.26
in Bonus & Dividend Reinvestment. United Bank Of India 2.08 Trent Ltd. CCPS Series A 0.28
ICICI Bank Ltd. 1.97 Trent Ltd. CCPS Series B 0.26 Oil 3.58
IndusInd Bank Ltd. 1.24 Agre Developers Ltd.** 0.01 Oil & Natural Gas Corporation Ltd. 3.58
Fertilisers 12.64 Construction 3.46

Mahindra Lifespace Developers Ltd. 1.95
Gujarat State Fertilizers & Chemicals Ltd 3.14 Alstom Projects India Ltd. 2.28
JMC Projects (India) Ltd. 1.51
Tata Chemicals Ltd. 2.76 Bharat Heavy Electricals Ltd. 1.73
Zuari Industries Ltd. 2.41 McNally Bharat Engineering Co Ltd 1.46
Pesticides 2.69
Chambal Fertilisers and Chemicals Ltd. 2.34 Rallis India Ltd. 2.69
Coromandel International Ltd. 1.99 Finance 5.43
IDFC Ltd. 2.08 Software 1.80
Power 11.78 Mahindra & Mahindra Financial Services Ltd. 1.82 Everonn Education Ltd. 1.80
GVK Power & Infrastructure Ltd. 2.81 ICRA Ltd. 0.93
PTC India Ltd. 2.70 Rural Electrification Corporation Ltd. 0.60 Media & Entertainment 1.74
Kalpataru Power Transmission Ltd. 2.46 Hathway Cable & Datacom Ltd. 1.74
Torrent Power Ltd. 2.40 Industrial Products 4.69
CESC Ltd. 1.41 Jain Irrigation Systems Ltd. 3.12 Cash & Cash Equivalents 6.39
Max India Ltd. 1.58
Transportation 6.68 Net receivables / payables -0.07
Jet Airways India Ltd. 3.01 Petroleum Products 4.64
Spicejet Ltd. 2.68 Hindustan Petroleum Corporation Ltd. 2.32 Total Net Assets 100.00
45
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So Birla Sun Life Pure Value Fund

Investment Style
A Closed-end Diversified Equity Scheme with a maturity of 3 years. Upon maturity, the scheme shall automatically be converted into an open
Value Blend Growth Size ended scheme. It seeks to generate consistent long term capital appreciation by investing predominantly in equity and equity related securities
Large by following value investing strategy.

Small
30 27.42
23.98
25
Fund Details
20 16.43
% Returns
Managing Fund Since : July 29, 2010 8.75
10
Nature of the scheme : A Close-ended Diversified 0
Equity Scheme
Birla Sun Life Pure Value Fund - Growth BSE 200 absolute returns for period less than 1 year & CAGR for period 1 year or more.
Default option : NA
Fresh Purchase : NA
Additional Purchase : NA
Redemption Cheques : NA
Systematic Investment : NA
Plan (SIP) Issuer % to Net Issuer % to Net Issuer % to Net
Systematic Withdrawal : NA Assets Assets Assets
Plan (SWP) Banks 19.17 Oil 6.00 Petroleum Products 3.54
Systematic Transfer : NA The South Indian Bank Ltd. 3.44 Oil & Natural Gas Corporation Ltd. 3.70 Indian Oil Corporation Ltd. 1.36
Hindustan Petroleum Corporation Ltd. 1.17
Plan (STP) United Bank Of India 3.14 Great Offshore Ltd. 2.30 Bharat Petroleum Corporation Ltd. 1.02
ING Vysya Bank Ltd. 2.86 Industrial Capital Goods 5.80 Paper 2.65
Oriental Bank of Commerce 2.56 Bharat Electronics Ltd. 2.13 Tamil Nadu Newsprint & Papers Ltd. 2.65
Dividend : 16.67 Allahabad Bank 1.55 Sanghvi Movers Ltd. 1.92 Software 2.48
(Payout & Reinvestment) IndusInd Bank Ltd. 1.46 Gujarat Apollo Industries Ltd. 1.02 Polaris Software Lab Ltd. 2.48
Growth : 17.79 ICICI Bank Ltd. 1.30 Sterlite Technologies Ltd. 0.73
Ferrous Metals 2.30
Maharashtra Seamless Ltd. 1.84
Benchmark : BSE 200 Consumer Non Durables 7.57 Transportation 5.75 Tata Steel Ltd. 0.47
Glaxosmithkline Consumer Healthcare Ltd. 6.66 The Great Eastern Shipping Company Ltd. 2.66
Shree Renuka Sugars Ltd. 0.91 Gateway Distriparks Ltd. 1.99 Construction Project 1.96
Mercator Lines Ltd. 1.09 Nagarjuna Construction Company Ltd. 1.96
Load Structure
Entry Load : NA Pesticides 7.40 Construction 1.95
Rallis India Ltd. 5.48 Industrial Products 4.60 JMC Projects (India) Ltd. 1.95
Exit Load : Nil United Phosphorus Ltd. 1.92 FAG Bearings India Ltd. 3.35
Investors offering units for Hotels 0.73
Finolex Cables Ltd. 1.25 Asian Hotels East Ltd. 0.73
repurchase before maturity of the Pharmaceuticals 6.83
scheme / conversion of scheme into
Aventis Pharma Ltd. 3.75 Gas 4.14 Diversified 0.36
open ended scheme will be charged Hindustan Unilever Ltd. 0.36
balance proportionate unamortized Pfizer Ltd. 2.60 Indraprastha Gas Ltd. 4.14
issue expenses on the applicable Aurobindo Pharma Ltd. 0.48 Cash & Cash Equivalents 6.41
NAV. Power 4.00
Fertilisers 6.42 Jyoti Structures Ltd. 1.82 Net receivables / payables -0.07
Other Parameter Zuari Industries Ltd. 3.47 CESC Ltd. 1.28
Standard Deviation : 13.71% Total Net Assets 100.00
Coromandel International Ltd. 2.94 PTC India Ltd. 0.91
Sharpe Ratio## : 1.50
Beta : 0.71
Note:
fund has completed 1 year but yet to complete 3 years since its inception so the ratio
is calculated on the basis of historical 1 year returns, source: MFI Explorer
46
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n Birla Sun Life Long Term
So
Advantage Fund

Investment Style
A 5 years close ended scheme with automatic conversion to an open ended scheme upon maturity with the objective to provide longterm capital
Value Blend Growth Size appreciation by investing predominantly in a diversified portfolio of equity and equity related securities.
Large

Small
30
24.98
25
Fund Details 20
15.33
% Returns
Fund Manager : Mr. Ankit Sancheti 15 11.66
10.30
Date of inception : October 10, 2006 5 2.86
0.27
Nature of the scheme : A 5 Years Close-ended Scheme 0
Key Features
Default option : NA Past performance may or may not be sustained in future. Returns are in % and
Birla Sun Life Long Term Advantage Fund - Growth BSE Sensex
Fresh Purchase : NA absolute returns for period less than 1 year & CAGR for period 1 year or more.
Additional Purchase : NA
Redemption Cheques : NA
issued
Systematic Investment : NA Portfolio & Asset Allocation
Plan (SIP)
Systematic Withdrawal : NA Issuer % to Net Issuer % to Net Issuer % to Net
Plan (SWP) Assets Assets Assets
Systematic Transfer : NA Banks 18.35 Auto Ancillaries 5.12 Jet Airways India Ltd. 1.30
Plan (STP) State Bank of India 4.32 Bosch Ltd. 2.85
HDFC Bank Ltd. 3.14 Exide Industries Ltd. 2.27 Auto 2.69
ICICI Bank Ltd. 3.14 Tata Motors Ltd. 2.69
Plans / Options & NAV (As on November 30, 2010) Oriental Bank of Commerce 2.47 Finance 4.17
Dividend : 13.87 Axis Bank Ltd. 1.88 HDFC Ltd. 2.36 Textile Products 2.51
(Payout & Reinvestment) Kewal Kiran Clothing Ltd. 1.75
United Bank Of India 1.21 Mahindra & Mahindra Financial Services Ltd. 1.81
S. Kumars Nationwide Ltd. 0.77
Growth : 15.01 Dena Bank 1.06
Allahabad Bank 1.03 Petroleum Products 4.07 Industrial Products 2.31
Benchmark : BSE Sensex Bank of India 0.11 Reliance Industries Ltd. 3.56 FAG Bearings India Ltd. 2.31
Hindustan Petroleum Corporation Ltd. 0.52
Software 10.01 Ferrous Metals 2.30
Load Structure Infosys Technologies Ltd. 4.82 Oil 4.01 Maharashtra Seamless Ltd. 2.30
Entry Load : NA Tata Consultancy Services Ltd. 3.20 Oil & Natural Gas Corporation Ltd. 2.98
Subex Ltd. 1.34 Great Offshore Ltd. 1.03 Gas 1.99
Exit Load : Nil Patni Computer Systems Ltd. 0.64 GAIL India Ltd. 1.99
Investors offering units for repurchase Consumer Non Durables 3.87
before maturity of the scheme / Power 1.81
Industrial Capital Goods 6.92 ITC Ltd. 3.34
conversion of scheme into open KEC International Ltd. 1.81
ended scheme will be charged Gujarat Apollo Industries Ltd. 1.97 Bajaj Corp Ltd. 0.42
balance proportionate unamortized Bharat Heavy Electricals Ltd. 1.89 Asian Paints Ltd. 0.12
Hotels 1.23
issue expenses on the applicable McNally Bharat Engineering Co Ltd 1.79
NAV. Indian Hotels Company Ltd. 1.23
BGR Energy Systems Ltd 1.27 Construction Project 3.84
Larsen & Toubro Ltd. 2.95 Non - Ferrous Metals 0.62
Other Parameter
Pesticides 5.85 Nagarjuna Construction Company Ltd. 0.90 Hindalco Industries Ltd. 0.62
Standard Deviation : 32.29% Rallis India Ltd. 5.85
Sharpe Ratio## : -0.12 Telecom-Services 3.17 Cash & Cash Equivalents 5.26
Beta : 0.91 Pharmaceuticals 5.63 Bharti Airtel Ltd. 3.17
Dr.Reddy's Laboratories Ltd. 2.46 Net receivables / payables 1.28
Cipla Ltd. 1.77 Transportation 2.99
Biocon Ltd. 1.41 IL&FS Transportation Networks Ltd. 1.68 Total Net Assets 100.00
Note:
47
Dividend History
D e c e m b e r 2 0 1 0 (For select Schemes)
DEBT SCHEMES
Non Corporate
Non Corporate Corporate
Corporate
DEBT SCHEMES Date Face Value Dividend# Dividend# Cum Dividend NAV
(` per unit) (` per unit) (` per unit)
Birla Sun Life Savings Fund - Institutional 24-Sep-10 10.00 0.0387 0.0361 10.3078
Monthly Dividend 29-Oct-10 10.00 0.0543 0.0506 10.3291
26-Nov-10 10.00 0.0451 0.0420 10.3211
Birla Sun Life Savings Fund - Retail 24-Sep-10 10.00 0.0352 0.0328 10.2799
26-Nov-10 10.00 0.0446 0.0416 10.2968
Birla Sun Life Ulttra Short Term Fund - 29-Sep-10 10.00 0.0401 0.0374 10.8109
30-Nov-10 10.00 0.0530 0.0494 10.8321
Birla Sun Life Dynamic Bond Fund - Retail 29-Sep-09 10.00 0.1568 0.1459 11.2341
Quartery Dividend 31-Dec-09 10.00 0.1358 0.1264 11.2253
30-Mar-10 10.00 0.1301 0.1211 11.2720
30-Jun-10 10.00 0.1217 0.1134 11.2973
29-Sep-10 10.00 0.0907 0.0846 11.2834
Birla Sun Life Income Plus 16-Jun-08 10.00 0.1634 0.1520 10.6083
Quarterly Dividend 15-Sep-08 10.00 0.1594 0.1484 10.8205
15-Dec-08 10.00 0.2090 0.1945 11.7199
16-Mar-09 10.00 0.2277 0.2120 11.5018
15-Jun-09 10.00 0.2190 0.2038 11.4616
15-Sep-09 10.00 0.1239 0.1153 11.3907
15-Dec-09 10.00 0.1229 0.1144 11.3564
15-Mar-10 10.00 0.0526 0.0489 11.2701
Birla Sun Life Income Fund- 17-Mar-08 10.00 0.4752 0.4423 11.6359
Half Yearly Dividend 16-Mar-09 10.00 0.4467 0.4158 11.9496
15-Mar-10 10.00 0.2453 0.2283 11.5557
Birla Sun Life Income Fund - 15-Sep-08 10.00 0.1613 0.1501 10.9178
Quarterly Dividend 15-Dec-08 10.00 0.2110 0.1964 11.7458
16-Mar-09 10.00 0.2277 0.2120 11.1896
15-Jun-09 10.00 0.0876 0.0815 10.9322
15-Sep-09 10.00 0.1196 0.1113 11.0205
15-Dec-09 10.00 0.1428 0.1329 11.0263
15-Mar-10 10.00 0.0876 0.0815 10.9137
Birla Sun Life Gilt Plus - Liquid Plan - 16-Mar-09 10.00 0.2102 0.1957 10.4492
Quarterly Dividend 15-Jun-09 10.00 0.1314 0.1223 10.3190
15-Sep-09 10.00 0.0898 0.0836 10.2416
15-Dec-09 10.00 0.0554 0.0515 10.2064
15-Mar-10 10.00 0.0701 0.0652 10.2300
15-Jun-10 10.00 0.1124 0.1048 10.4436
15-Sep-10 10.00 0.1142 0.1064 10.4509
Birla Sun Life Gilt Plus - PF Plan 16-Mar-09 10.00 0.2190 0.2038 10.4392
15-Sep-09 10.00 0.0088 0.0082 10.0989
15-Dec-09 10.00 0.1211 0.1128 10.2548
15-Mar-10 10.00 0.0263 0.0245 10.0900
15-Jun-10 10.00 0.0668 0.0622 10.1523
15-Sep-10 10.00 0.0527 0.0491 10.0631
Birla Sun Life Gilt Plus - Regular Plan 15-Sep-08 10.00 0.1454 0.1353 11.6963
Quarterly Dividend 15-Dec-08 10.00 0.2267 0.2110 12.9233
16-Mar-09 10.00 0.2540 0.2364 12.4390
15-Jun-09 10.00 0.1664 0.1549 12.2848
15-Sep-09 10.00 0.0801 0.0745 12.0337
15-Dec-09 10.00 0.1303 0.1213 12.0244
15-Mar-10 10.00 0.0876 0.0815 11.8600
Birla Sun Life Govt. Securities - 15-Sep-09 10.00 0.3267 0.3041 11.4130
Long Term Dividend 15-Mar-10 10.00 0.3067 0.2854 11.3546
15-Sep-10 10.00 0.3413 0.3181 11.6986
Birla Sun Life Govt. Securities - 16-Mar-09 10.00 0.2015 0.1875 10.2841
Short Term Dividend 15-Jun-09 10.00 0.0876 0.0815 10.1322
15-Sep-09 10.00 0.0447 0.0416 10.0789
15-Dec-09 10.00 0.0385 0.0359 10.0779
15-Mar-10 10.00 0.0438 0.0408 10.1242
15-Jun-10 10.00 0.1116 0.1040 10.2491
15-Sep-10 10.00 0.1120 0.1044 10.2297
Birla Sun Life Short Term Opportunities Fund 27-Apr-09 10.00 0.0876 0.0815 10.2657
15-Jun-09 10.00 0.1314 0.1223 10.2689
15-Sep-09 10.00 0.1340 0.1247 10.3079
15-Dec-09 10.00 0.1219 0.1135 10.3235
15-Mar-10 10.00 0.1077 0.1003 10.3124
15-Jun-10 10.00 0.1127 0.1050 10.3291
15-Sep-10 10.00 0.1129 0.1052 10.3547
48 After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.
Dividend History
MONTHLY INCOME & TAX SCHEMES
Non Corporate Corporate

# #
MONTHLY INCOME SCHEMES Date Face Value Dividend Dividend Cum Dividend NAV
(` per unit) (` per unit) (` per unit)
Birla Sun Life Monthly Income- 29-Sep-09 10.00 0.0475 0.0442 11.1840
30-Nov-09 10.00 0.0512 0.0477 11.3007
31-Dec-09 10.00 0.0518 0.0482 11.2940
29-Jan-10 10.00 0.0484 0.0451 11.2329
26-Feb-10 10.00 0.0466 0.0434 11.2153
30-Mar-10 10.00 0.0532 0.0495 11.2546
30-Apr-10 10.00 0.0532 0.0495 11.3336
31-May-10 10.00 0.0523 0.0487 11.2591
30-Jun-10 10.00 0.0503 0.0469 11.3237
30-Jul-10 10.00 0.0504 0.0470 11.3555
31-Aug-10 10.00 0.0539 0.0503 11.3967
29-Sep-10 10.00 0.0490 0.0457 11.4787
29-Oct-10 10.00 0.0512 0.0477 11.4925
30-Nov-10 10.00 0.0546 0.0509 11.4375
Birla Sun Life Monthly Income- 30-Mar-09 10.00 0.1577 0.1467 10.5699
29-Sep-09 10.00 0.1538 0.1432 11.7903
31-Dec-09 10.00 0.1607 0.1496 11.9104
30-Mar-10 10.00 0.1555 0.1447 11.8618
30-Jun-10 10.00 0.1603 0.1494 11.9472
29-Sep-10 10.00 0.1616 0.1506 12.1124
Birla Sun Life MIP - 25-Sep-09 10.00 0.0464 0.0432 11.2540

Monthly Dividend Plan 30-Oct-09 10.00 0.0583 0.0543 11.2316
27-Nov-09 10.00 0.0465 0.0433 11.3745
29-Dec-09 10.00 0.0539 0.0501 11.3756
29-Jan-10 10.00 0.0522 0.0486 11.2773
26-Feb-10 10.00 0.0468 0.0435 11.2292
26-Mar-10 10.00 0.0466 0.0434 11.3337
30-Apr-10 10.00 0.0569 0.0530 11.4264
28-May-10 10.00 0.0474 0.0442 11.3146
25-Jun-10 10.00 0.0471 0.0439 11.3609
30-Jul-10 10.00 0.0590 0.0550 11.4324
27-Aug-10 10.00 0.0475 0.0443 11.4363
24-Sep-10 10.00 0.0475 0.0443 11.5202
29-Oct-10 10.00 0.0599 0.0558 11.5194
26-Nov-10 10.00 0.0479 0.0446 11.4766
Birla Sun Life MIP II-Wealth 25 Plan 28-Aug-09 10.00 0.0463 0.0431 11.1828
Monthly Dividend Plan 25-Sep-09 10.00 0.0464 0.0432 11.2729
30-Oct-09 10.00 0.0584 0.0544 11.2148
27-Nov-09 10.00 0.0464 0.0432 11.3733
29-Dec-09 10.00 0.0539 0.0501 11.4393
29-Jan-10 10.00 0.0525 0.0488 11.2709
26-Feb-10 10.00 0.0468 0.0435 11.2256
30-Apr-10 10.00 0.1051 0.0978 11.5267
28-May-10 10.00 0.0478 0.0445 11.2755
25-Jun-10 10.00 0.0469 0.0437 11.3731
30-July-10 10.00 0.0591 0.0551 11.4573
27-Aug-10 10.00 0.0478 0.0445 11.4883
24-Sep-10 10.00 0.0478 0.0445 11.6786
29-Oct-10 10.00 0.0607 0.0566 11.6362
26-Nov-10 10.00 0.0483 0.0450 11.5001
Birla Sun Life MIPII-Savings 5 Plan 28-Aug-09 10.00 0.0471 0.0439 11.3418
Monthly Dividend Plan 25-Sep-09 10.00 0.0471 0.0439 11.3440
30-Oct-09 10.00 0.0588 0.0547 11.3314
27-Nov-09 10.00 0.0470 0.0438 11.3805
29-Dec-09 10.00 0.0540 0.0502 11.3332
29-Jan-10 10.00 0.0520 0.0484 11.2909
26-Feb-10 10.00 0.0468 0.0435 11.2611
30-Apr-10 10.00 0.1051 0.0978 11.3702
28-May-10 10.00 0.0470 0.0438 11.2452
25-Jun-10 10.00 0.0468 0.0436 11.2691
30-Jul-10 10.00 0.0536 0.0499 11.2759
27-Aug-10 10.00 0.0469 0.0437 11.2857
24-Sep-10 10.00 0.0469 0.0437 11.3418
29-Oct-10 10.00 0.0589 0.0549 11.3169
26-Nov-10 10.00 0.0470 0.0438 11.2706
Birla Sun Life Tax Relief ‘96 19-Jan-07 10.00 26.00 - 176.54
16-Mar-07 10.00 50.00 - 134.27
25-Mar-08 10.00 20.00 - 106.74
27-Jun-08 10.00 5.00 - 71.86
31-Aug-09 10.00 4.00 - 78.56
12-Mar-10 10.00 7.00 - 86.21
227.00
Birla Sun Life Tax Plan 21-Oct-05 10.00 4.00 - 42.10

16-Dec-05 10.00 4.00 - 46.50
17-Feb-06 10.00 4.00 - 44.54
28-Mar-08 10.00 6.00 - 64.23
20-Mar-09 10.00 4.50 - 31.70
12-Mar-10 10.00 7.50 - 51.60
17-Sep-10 10.00 2.00 - 50.69
34.00
50 After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results. 49
Dividend History
EQUITY SCHEMES
EQUITY SCHEMES Declared on date Dividend# (` per unit) Face value (`) Cum Dividend NAV (` per unit)
Birla Sun Life Equity Fund 21-Oct-02 0.50 10.00 14.07

24-Mar-03 0.50 10.00 14.37
30-Sep-03 1.00 10.00 22.96
8-Mar-04 3.00 10.00 30.91
20-Oct-04 1.00 10.00 30.02
10-Feb-06 5.00 10.00 58.94
23-Mar-07 10.00 10.00 74.45
31-Aug-07 10.00 10.00 79.98
15-Oct-09 5.00 10.00 76.59
12-Mar-10 5.00 10.00 74.69
15-Oct-10 5.00 10.00 82.36
59.50
Birla Sun Life Advantage Fund 12-Mar-04 2.50 10.00 46.10
23-Mar-05 5.00 10.00 54.25
16-Dec-05 5.00 10.00 65.89
25-Apr-08 5.00 10.00 100.44
23-Sep-09 7.50 10.00 97.41
26-Feb-09 6.25 10.00 88.77
06-Aug-10 7.00 10.00 93.39
53.25
Birla Sun Life Midcap Fund (Plan A) 24-Dec-03 6.00 10.00 18.35
8-Oct-04 1.25 10.00 13.72
28-Jan-05 1.00 10.00 14.75
3-Feb-06 2.00 10.00 22.59
22-Dec-06 3.50 10.00 25.94
28-Dec-07 6.00 10.00 40.50
27-Jun-08 2.00 10.00 20.85
31-Jul-09 1.50 10.00 22.66
29-Jan-10 2.50 10.00 26.02
16-Jul-10 1.50 10.00 26.01
29.75
Birla Sun Life Frontline Equity Fund (Plan A) 14-Oct-04 1.00 10.00 16.80
27-Feb-06 8.00 10.00 28.88
28-Aug-06 6.00 10.00 23.56
29-Jun-07 4.00 10.00 23.86
8-Aug-08 2.00 10.00 20.48
31-Jul-09 1.50 10.00 21.51
29-Jan-10 2.00 10.00 22.53
06-Aug-10 1.25 10.00 23.13
27.75
Birla Sun Life Basic Industries Fund 24-Mar-06 10.00 10.00 35.08
19-Jan-07 10.50 10.00 39.60
25-Apr-08 2.00 10.00 36.36
23-Jun-09 5.00 10.00 28.52
24-Dec-09 2.00 10.00 30.79
16-Jul-10 2.50 10.00 30.85
39.00
Birla Sun Life India GenNext Fund 8-Jul-09 2.00 10.00 12.77
08-Jan-10 1.00 10.00 14.05
16-Jul-10 1.00 10.00 14.97
5.00
Birla Sun Life New Millennium Fund 23-Sep-09 1.00 10.00 14.02
26-Feb-10 0.75 10.00 13.49
09-Sep-10 0.85 10.00 14.16
2.75
Birla Sun Life Top 100 Fund 15-Oct-09 1.50 10.00 16.168
12-Mar-10 1.00 10.00 14.952
15-Oct-10 1.00 10.00 16.576
5.00
Birla Sun Life Buy India Fund 23-Sep-09 2.00 10.00 23.13
26-Feb-10 1.25 10.00 22.44
09-Sep-10 1.75 10.00 27.83
12.50
Birla Sun Life MNC Fund 18-Jan-05 5.00 10.00 42.80
26-Aug-05 7.50 10.00 41.05
23-Sep-09 7.00 10.00 72.98
26-Feb-10 3.75 10.00 74.35
27-Aug-10 5.25 10.00 86.27
40.00
Birla Sun Life Index Fund 17-Oct-03 5.60 10.00 16.19
3-Feb-04 1.65 10.00 11.99
23-Mar-07 6.50 10.00 21.83
13.75
Birla Sun Life India Opportunities Fund 27-Feb-04 6.00 10.00 18.69
26-Oct-04 1.25 10.00 14.17
16-Sep-05 4.00 10.00 14.90
23-Sep-09 2.00 10.00 19.24
26-Feb-10 1.00 10.00 18.77
27-Aug-10 1.25 10.00 19.28
19.00
Birla Sun Life Dividend Yield Plus 24-Dec-04 1.40 10.00 13.75
11-Mar-05 1.00 10.00 12.85
1-Jul-05 0.80 10.00 11.26
28-Oct-05 0.80 10.00 11.94
13-Jan-06 1.60 10.00 11.89
27-Apr-06 1.00 10.00 13.07
10-Oct-06 0.80 10.00 11.67
30-Apr-07 0.80 10.00 11.20
1-Nov-07 1.00 10.00 12.77
10-Jun-09 1.00 10.00 11.93
15-Oct-09 0.58 10.00 13.89
26-Feb-10 0.65 10.00 13.54
25-Jun-10 0.71 10.00 14.79
29-Oct-10 0.75 10.00 16.70
21.49
Birla Sun Life '95 Fund 30-Oct-02 1.00 10.00 26.01
28-Mar-03 1.00 10.00 27.00
10-Oct-03 1.00 10.00 38.59
22-Mar-04 3.00 10.00 42.31
25-Oct-04 2.00 10.00 43.02
10-Mar-06 2.50 10.00 68.53
30-May-08 5.00 10.00 97.61
15-Oct-09 7.00 10.00 114.63
12-Mar-10 7.00 10.00 112.06
15-Oct-10 7.50 10.00 124.32
54.00
Birla Sun Life Freedom Fund 20-Jan-06 5.00 10.00 15.13
08-Jul-09 1.50 10.00 19.69
08-Jan-10 2.00 10.00 20.26
16-Jul-10 1.50 10.00 18.08
11.50
50 After payment of dividend, NAV will fall to the extent of the payout and statutory levy, if any. Past performance is no guarantee of future results.
D e c e m b e r 2 0 1 0
Asset Allocation Guide
Asset Allocation guide: Asset Allocation Guide

25000
This Asset Allocation guide helps you decide your broad 20000
allocation to equities at different market levels. The Expensive

15000
adjustment as per the recommended asset allocation may be
Fair
done on a six monthly basis or whenever you review your 10000
Fair
portfolio. 5000
Discounted
Discounted
Sep-98
Sep-99
Sep-00
Sep-01
Sep-02
Sep-03
Sep-04
Sep-05
Sep-06
Sep-07
Sep-08
Sep-09
Seo-10
Nov-10
Mar-98
Mar-99
Mar-00
Mar-01
Mar-02
Mar-03
Mar-04
Mar-05
Mar-06
Mar-07
Mar-08
Mar-09
Mar-10
How it works?
The graph plots month end values of BSE Sensex since March 1991. The Fair price boundaries have been decided by taking P/E of 10.5 & 18.5 as
Lets see how it will help you in your wealth creation goals with the lower & upper boundaries times the 1 year forward earnings of the Sensex. The values above the fair band has been assumed to be expensive &
below the fair band has been assumed to be discounted. This is just a suggested band as per forward earnings estimate and should not be construed
as a recommendation to buy or sell securities.
the help of an illustration below.
Recommended Equity Asset Allocation at different market conditions for different types of investors
Assuming you are an “Aggressive” investor lets see how the Aggressive Moderate Conservative
allocation guide will work Expensive 50%-60% 30%-40% 0-10%
Fair 60%-70% 40%-50% 10%-20%
Discounted 70%-80% 50%-60% 20%-30%
Start 6 months 12 months 18 months
After 6 Months market goes After 12 Months market goes After 18 Months market
Fair Market up but still in Fair range up to Expensive zone lands in Discounted zone
% Value in ` Actual Allocation % Value in ` Actual Allocation % Value in ` Actual Allocation % Value in `
Equity 60% 60,000 65% 77400 75% 150444 35% 57169
Debt 40% 40,000 35% 42000 25% 50148 65% 105311
Total Wealth 100,000 119,400 200,592 162,480
Action Action Action

Bring back allocation as per Reduce allocation to Equity Increase allocation to Equity as
the suggested grid as per the suggested grid per thesuggested grid
Recommended allocation% Value in ` Recommended allocation% Value in ` Recommended allocation% Value in `
60% 71640 50% 100296 70% 113736
40% 47760 50% 100296 30% 48744

119,400 200,592 162,480
Thus, we see that the asset allocation guide helps you

• Observe discipline in your asset allocation by periodic readjustment as per the suggested grid
• Buy low and book profits at high levels by increasing /decreasing exposure at different market conditions.
The above example is to only demonstrate the working of the mentioned investment strategy. The above strategy actions are not based on any judgments of the future return of the debt and equity markets / sectors or of any
individual security. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy.
Any information contained above does not constitute and shall be deemed not to constitute an advice, an offer to sell/purchase or as an invitation to do so for any securities of any entity, and further Birla Sun Life Asset
Management Company Ltd.(BSLAMC) / its subsidiaries/affiliates/sponsors/trustee or their officers, employees, personnel, directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss
arising from the use or access of any information that may be displayed herein. Recipients of the information contained herein should exercise due care and caution and read the offer documents (including if necessary,
obtaining the advice of tax / legal / accounting / financial / other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained herein. Opinions expressed are not necessarily
those of BSLAMC or any of their officers, employees, personnel, directors and BSLAMC . and its officers, employees, personnel, directors do not accept responsibility for the same. BSLAMC or any of its officers, employees,
personnel, directors make no representation as to the accuracy, completeness or reliability of the content and hereby disclaim any liability with regard to the same.
51
D e c e m b e r 2 0 1 0
DNA
Date - November 16, 2010
DNA
DNA
DNA
52
D e c e m b e r 2 0 1 0
#
Value Research Ratings Birla Sun Life Infrastructure Fund (Plan A): CRISIL~CPR 2 - In Thematic-Infrastructure Equity Schemes Category (14 Schemes)
Value Research Fund Ratings are a composite measure of historical risk-adjusted returns. In the case of equity and hybrid Birla Sun Life Basic Industries Fund: CRISIL~CPR 1 - In Thematic - Infrastructure Equity Schemes Category (14 Schemes)
funds this rating is based on the weighted average monthly returns for the last 3 and 5-year periods. In the case of debt funds Birla Sun Life India GenNext Fund: CRISIL~CPR 2 -In Diversified Equity Scheme Category (74 Schemes).
this rating is based on the weighted average weekly returns for the last 18 months and 3-year periods and in case of short- Birla Sun Life Dividend Yield Plus: CRISIL~CPR 1 -In Diversified Equity Scheme Category (74 Schemes).
term debt funds - weekly returns for the last 18 months. These ratings do not take into consideration any entry or exit load. Birla Sun Life Buy India : CRISIL~CPR 2 -In Diversified Equity Scheme Category (74 Schemes).
Each category must have a minimum of 10 funds for it to be rated. Effective, July 2008, we have put an additional qualifying Birla Sun Life 95 Fund: CRISIL~CPR 2 -In Balanced Scheme Category (18 Schemes).
criteria, whereby a fund with less than Rs 5 crore of average AUM in the past six months will not be eligible for rating. Birla Sun Life 95 Fund: CRISIL~CPR 2 -Consistent CPR Performer - Balanced (14 Schemes).
Five-stars indicate that a fund is in the top 10% of its category in terms of historical risk-adjusted returns. Four stars indicate Birla Sun Life Income Plus: CRISIL~CPR 1 - Consistent CPR Performer - Debt (14 Schemes)
that a fund is in the next 22.5%, middle 35% receive three stars, the next 22.5% are assigned two stars while the bottom 10% Birla Sun Life Cash Plus - Institutional Plan: CRISIL~CPR 2 - In Liquid Institutional(16 Schemes)
receive one star. The number of schemes in each category is mentioned along side the categories name. Equity: Large Cap Birla Sun Life Cash Plus - Institutional Premium Plan: CRISIL~CPR 2 - In Liquid Super Institutional(18 Schemes)
(32), Equity: Large & Mid Cap (57), Equity: Multi Cap (43), Equity: Mid & Small Cap (51) Equity: Tax Planning (28), Equity: Birla Sun Life Ultra Short Term Fund - Retail Plan: CRISIL~CPR 2 - In Ultra Short Term Debt Scheme Category (40 Schemes).
Infrastructure (15), Hybrid: Equity-oriented (25), Hybrid: Debt-oriented Aggressive (11), Hybrid: Debt-oriented Birla Sun Life Ultra Short Term Fund - Inst Plan: CRISIL~CPR 2 - In Ultra Short Term Debt Scheme- Inst Category (27 Schemes).
Conservative (46), Hybrid: Arbitrage (14) Debt: Income (52), Debt: Gilt Medium & Long Term (31), Debt: Short Term (21), Birla Sun Life Medium Term Plan: CRISIL~CPR 2 - In Debt : Short Schemes (31 Schemes)
Debt: Ultra Short Term (120), Debt: Liquid (92). These Fund Ratings are as on November 30, 2010. Birla Sun Life Monthly Income: CRISIL~CPR 1 - In MIP Conservative Scheme Category (12 Schemes)
The Value Research Ratings are published in Monthly Mutual Fund Performance Report and Mutual Fund Insight. The Birla Sun Life MIP: CRISIL~CPR 1 - In MIP Conservative Scheme Category (12 Schemes)
Ratings are subject to change every month. The Rating is based on primary data provided by respective funds, Value Birla Sun Life MIP II - Wealth 25 Plan: CRISIL~CPR 2 - In MIP Aggressive Scheme Category (21 Schemes)
Research does not guarantee the accuracy.
Past Performance is no guarantee of future results www.valueresearchonline.com. CRISIL~Composite Performance Ranking - (CRISIL~CPR) is the relative performance ranking of mutual fund schemes
within the peer group. The criteria used for computing the ranking are AUM in excess of category cut-off limits & portfolio
+ ICRA mfAAA and mfA1+ Rating Methodology for Birla Sun Life Floating Rate (Short Term & Long Term) and Birla Sun Life disclosure and performance in case of Liquid Plans, Liquid Institutional and Debt-Short Term – Last 1 years; All other
Cash Plus Respectively Schemes – Last 2 years and 5 yrs CPR track record for consistent CPR Performers.
Birla Sun Life Floating Rate Fund – Short Term Plan & Birla Sun Life Floating Rate Fund – Long Term Plan: The credit risk Fund Ratings are as on 30 Sep ‘10. Ranking is done on the following parameters depending on scheme category.
rating assigned to the schemes is mfAAA. The rating is the highest-credit-quality rating assigned by ICRA to debt funds. CRISIL~CPR 1 - indicates “Very Good" performance & ranks within top 10 percentile of the respective category.
Birla Sun Life Cash Plus: The credit risk rating assigned to the scheme is mfA1+. The highest-credit-quality short-term rating CRISIL~CPR 2 - indicates “Good" performance & ranks within top 11th - 30th percentile of the respective category.
assigned by ICRA to debt funds.
Rating methodology used by ICRA is based on evaluating the inherent credit quality of the funds portfolio. As a measure of Parameters Scheme Category
Superior Return Score Large Cap Oriented Equity, Thematic - Infrastructure Equity, Diversified Equity, Small and Midcap,
the credit quality of a debt fund’s assets, ICRA uses the concept of ”credit scores”, based on ICRA’s assessment of credit ELSS, Balanced, Debt, MIP (Aggressive & Conservative), Gilt-Long and Consistent CPR
risk associated with each exposure of the portfolio taking into account its maturity, investment objectives and policies, its Performers – Equity, Balanced and Debt
Mean Return and Volatility Debt-Short, Ultra Short Term Debt, Liquid, Liquid Institutional & Liquid Super Institutional and
management characteristics and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on Consistent CPR Performers - Liquid
an ongoing basis to support its published rating opinions. Source: ICRA Ltd. Portfolio Concentration Analysis All Schemes
Liquidity Analysis All Schemes
Asset Quality Debt Schemes
* AAAf: CRISIL AAAf Rating Methodology for Birla Sun Life Savings Fund, Birla Sun Life Income Plus, Birla Sun Life Cash Average Maturity Debt Schemes
Downside Risk Probability Debt- Short Term, Liquid, Ultra Short Term Debt, Liquid- Institutional & Super Institutional
Manager, Birla Sun Life Income Fund, Birla Sun Life Ultra Short Term Fund ,Birla Sun Life Medium Term Plan and Birla Sun Asset Size Debt- Short Term, Liquid, Ultra Short Term Debt, Liquid- Institutional & Super Institutional
Life Dynamic Bond Fund Historic performance on CRISIL~CPR Consistent CPR Performer – Equity, Balanced, Debt and Liquid categories
AAAf The fund’s portfolio holdings provide very strong protection against losses from credit defaults. Ranking Source: Crisil FundServices, CRISIL Limited
The credit quality ratings are based on an analysis of the fund’s investment philosophy, its management, investment
strategies, operational policies and internal controls. Credit quality incorporates the credit risk of securities and the counter- &
Lipper Awards India 2010 - Award Methodology & Disclaimers:
party risk involved in transactions CRISIL has developed a Credit Quality Matrix to evaluate a bond fund’s overall level of LIPPER Awards India 2010: Award Methodology & Disclaimers:
protection against losses associated with credit default. The matrix is a set of credit factors & credit scores derived Birla Sun Life Asset Allocation Fund-Moderate Plan-Growth: Best Fund over past 3 year period (2006-2009) and 5 year
scientifically from CRISIL’s rating default and transition rates over past ten years. Ranking source: CRISIL FundServices, period (2004-2009) No. of Schemes: 6; Classification-Mixed Asset INR Balanced.
CRISIL Ltd. The award is based on Consistent Return (Effective Return) value over the relevant performance period. Entry/Exit load not
considered. For further details on methodology, please refer www.lipperweb.com. Past Performance is no
^^Crisil CPR – Ranking Methodology & Disclaimer
guarantee of future results. Ranking source: Lipper - A Reuter Co.
Birla Sun Life Frontline Equity Fund (Plan A): CRISIL~CPR 2-In Large Cap Oriented Equity Schemes Category (31 Schemes).
Birla Sun Life Frontline Equity Fund (Plan A): CRISIL~CPR 2-Consistent CPR Performer - Equity (37 Schemes).
For further details on our Funds, please contact our Customers Service Centres at details given below.
BIRLA SUN LIFE ASSET MANAGEMENT COMPANY LTD. BRANCHES
IDEA Toll Free No. 1800-270-7000 & the centralised TOLL no. 022-66917777 ALLAHABAD : 0532 - 2427015 / 3201661 HUBLI : 0836 - 4259989 / 4266283
AMBALA : 0171 - 2601345 JAMMU : 0191 - 2432601
AGRA JAIPUR PANJIM
AHMEDABAD JALANDHAR PATIALA AMRAVATI : 0721 - 6451692 JAMNAGAR : 0288 - 3200064
AJMER JAMSHEDPUR PONDICHERY ANAND : 02692 - 247260 KOLKATA : 033 - 22882592 / 4 / 5
ALWAR JODHPUR PUNE BANGALURU (Jayanagar) : 080 - 41555000 MADURAI : 0452 - 4231493 / 83
AMRITSAR KANPUR RAIPUR BANGALURU (Malleswaram) : 080 - 42199223 MARGAO : 0832 - 6480109
AURANGABAD KOLHAPUR RAJKOT BANGALURU(Cunningham House Rd) : 080 - 22389991 / 2 / 3
BARODA KOTA RANCHI MATHURA 0565 - 3207007 / 6959
BELGAUM LUCKNOW SALEM BHAVNAGAR : 0278 - 6452524 MEHASANA : 02762 - 658323 / 16
BHILLAI LUDHIANA SHIMLA BHUBANESHWAR : 0674 - 2535521 / 3413 MUMBAI (Head Office) : 022 - 66928000
BHOPAL MADURAI SILIGURI CHANDIGARH : 0172 - 2783556 MYSORE : 0821 - 4244400 / 1 / 2
CALICUT MANDIGOBINDGARH SURAT CHENNAI (Anna Nagar) : 044 - 43016950 / 1 / 2 / 4 / 6 NOIDA : 0120 - 4203629
CHENNAI (Adiyar) MANGALORE TRICHY
COIMBATORE MEERUT UDAIPUR CHENNAI (Egmore) : 044 - 28191681 / 708 / 715 / 699 PATNA : 0612 - 2323265 / 66
DEHRADUN MORADABAD VALSAD COCHIN : 0484 - 2366817 / 2383969 / 4021722 THANE : 022 - 67930660 / 1
DHANBAD MUMBAI (Borivali) VARANASI DELHI : 011- 40744514 TRIVANDRUM : 0471 - 4017007
ERODE MUMBAI (Ghatkopar) VASHI DURGAPUR : 0343 - 6454621 / 19 / 3201241 VAPI : 0260 - 6454735 / 6
GURGAON MUMBAI (Churchgate) VIJAYWADA
HYDERABAD (Abids) NAGPUR VISAG GUWAHATI : 0361 - 2595020 / 2599273 VISHAKAPATNAM : 0891 - 6631337 / 8
INDORE NASIK GWALIOR : 0751 - 6499442 / 378
JABALPUR PANIPAT
Disclaimer: Any information contained in this publication does not constitute and shall be deemed not to constitute an advice, an offer to sell/ purchase or as an invitation or solicitation to do so for any securities of any entity
and further, Birla Sun Life Asset Management Company Ltd.(BSLAMC)/ its subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors shall not be liable for any loss, damage, liability
whatsoever for any direct or indirect loss arising from the use or access of any information that may be displayed in this publication from time to time. Recipients of the information contained herein should exercise due care
and caution and read the all the scheme related documents (including if necessary, obtaining the advice of tax / legal / accounting / financial / other professionals) prior to taking of any decision, acting or omitting to act, on the
basis of the information contained herein.
Editorial opinions expressed in the 'Connect' are not necessarily those of BSLAMC or any of their officers, employees, personnel, directors and BSLAMC and its officers, employees, personnel, directors do not accept
responsibility for the editorial content. BSLAMC or any of its officers, employees, personnel, directors make no representation as to the accuracy, completeness or reliability of the editorial content and hereby disclaim any
liability with regard to the same.
Statutory Details: Constitution: Birla Sun Life Mutual Fund (BSLMF) has been set up as a Trust under the Indian Trust Act, 1882. Sponsors: Aditya Birla Financial Services Private Limited and Sun Life (India) AMC Investments Inc. (liability
restricted to seed corpus of ` 1 Lac). Trustee: Birla Sun Life Trustee Company Pvt. Ltd. Investment Manager: Birla Sun Life Asset Management Company Ltd.Risk Factors: Mutual Funds and securities investments are subject to
market risks and there can be no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme may go up or down depending
on the various factors and forces affecting capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performance of the Schemes and may not necessarily
provide a basis of comparison with other investments. The names of the Schemes do not, in any manner, indicate either the quality of the Schemes or their future prospects or returns. Unitholders in the schemes are not being offered
any guaranteed/assured returns. Investors should read the Statement of Additional Information / Scheme Information Document/ Key Information Memorandum available at Investor Service Centers and with distributors
carefully before investing.
The Material provided in the Connect cannot be reproduced or quoted anywhere without express permission from Birla Sun Life Asset Management Company Ltd. 53
assistance,
round the clock.
• View portfolio summary • Purchase, Switch & Redeem

• View transaction history • Change TPIN (Telephone Personal Identification Number)
• Track your portfolio • Get Account Statement instantly
Online Portfolio All India Mobile Investment

Access Telephone Manager
www.birlasunlife.com Toll Free : 1-800-22-7000 (MTNL/BSNL) www.birlasunlife.com/mobile

1-800-270-7000
Non Toll Free : +91 22 6691 7777

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For more details please refer page No 21

Call 1-800-270-7000/1-800-22-7000 (toll-free) | Visit www.birlasunlife.com sms GAIN to 56161

Our Investment Team (In alphabetical order)

Birla Sun Life Tax Relief ‘96

Last 5 years 60000 88166 89577 15.40 16.04

Last 3 years 36000 49453 50873 21.78 23.83

Last 1 year 12000 13084 12928 17.22 14.69

Birla Sun Life Midcap Fund

Last 5 years 60000 98946 104744 20.12 22.47

Last 3 years 36000 55421 56967 30.17 32.25

Last 1 year 12000 13304 13246 20.82 19.86

Birla Sun Life Frontline Equity Fund

Last 5 years 60000 88161 101733 15.39 21.27

Last 3 years 36000 49448 53196 21.77 27.11

Last 1 year 12000 13084 13325 17.22 21.16

Birla Sun Life Dividend Yield Plus

Last 5 years 60000 86182 112358 14.47 25.39

Last 3 years 36000 48836 60990 20.87 37.48

Last 1 year 12000 12948 13891 15.00 30.55

Birla Sun Life ‘95 Fund

Last 5 years 60000 82301 97967 12.60 19.71

Last 3 years 36000 45318 52497 15.56 26.14

Last 1 year 12000 12908 13298 14.36 20.71

Investment Style Box

Mid Investment Performance Rating Profile

Benchmark : CRISIL Liquid Fund Index

CRISIL~CPR 2^^ CRISIL~CPR 2^^

As on November 30, 2010

Investment Style Box

Benchmark : CRISIL Short Term Bond Fund

Load Structure (Incl. for SIP)

Investment Style Box

Investment Style Box

Benchmark : CRISIL Short-Term Bond Fund

Load Structure (Incl. for SIP)

CRISIL~CPR 2^^ CRISIL~CPR 2^^

Investment Style Box

10 9.61 AAA 42.07%

Investment Style Box

Benchmark : CRISIL Short Term Bond Fund

Load Structure (Incl. for SIP)

Investment Style Box

Mid Investment Performance Rating Profile

Exit Load** : 0.25% if redeemed / switched out

Investment Style Box

Mid Investment Performance Rating Profile

Investment Style Box

Plans / Options & NAV (As on November 30, 2010)

Benchmark : CRISIL Liquid Fund Index

Investment Style Box

Mid Investment Performance - Liquid Plan Rating Profile - Liquid Plan

(Payout, Reinvestment & 6

Investment Style Box

Short Term Plan - Retail

Total Net Assets 100.00

Fund Details Investment Objective

Investment Style Box

Mid Investment Performance Rating Profile

Software 1.13 Construction Project 0.15

Finance 0.88 Hotels 0.14

Note: Auto 0.60 Total Net Assets 100.00