Please refer back cover - page for risk factors. Mutual

For Private Circulation OnlyAs on 28th February, 2009.

Please refer back cover - page for risk factors.

Mutual Funds investments are subject to market risks, read the offer document carefully before investing.

*

*For performance refer page no. 4

FUND MANAGER SPEAKS

Equity marketIn spite of the passing of almost USD 1 trillion stimulus package by the US and the announcement of Stimulus III by the Indian

government, sentiment in the equity markets remained low, with the Sensex falling 5.7% to close at 8892, and the Nifty falling 3.9% to

close at 2764. Continuing to reflect flight to safety, during the month, large caps performed better than mid and small cap stocks.

Auto, FMCG, Health Care, Oil & Gas, Power and PSU indices outperformed the Sensex, Capital Goods delivered an inline

performance, while Banks, Consumer Durables, IT, Metals and Realty lagged the Sensex. For the month, in cash equities, FIIs were

net sellers of USD 604 million, while Mutual Funds were net sellers of USD 371 million.

The highlight of the month which was supposed to be the vote on account for the interim Finance Budget failed to attract the market

fancy, with pre-election conventions not allowing for significant announcements. However later in the month, the government made a

surprise announcement of a cut in indirect tax levies (Excise duty and Service tax), thus giving the economy a boost of approximately

USD 8 billion. Though this will impact the fiscal position of the country, it was considered a necessary step, in face of challenging

external economic conditions, and a slow down in GDP growth. The Rail budget presented earlier outlined investments of

approximately USD 5.7 billion in FY10, while announcing the introduction of higher capacity wagons.

On the regulatory front, RBI extended forex swap facility for banks, and raised the interest rate ceiling on foreign exchange credit for

exports. February was a busy month for the capital market regulator SEBI too, the regulator tightened warrant subscription rules,

while further liberalizing equity pricing rules for public issues. Latter in the month SEBI relaxed the take over norms for companies

whose board is superseded by the government or a regulator.

In terms of key economic data points that came in during the month, trade data for December 08 showed India’s exports fell by 1.1%

to USD 12.96 billion, while imports were marginally up 8.8% at USD 20.6 billion (helped by a 30.9% fall in oil imports), bringing down

the trade deficit to USD 7.57 billion in December 08 compared to USD 10.07 billion in November 08. GDP numbers for quarter ended

December 08 too came in, with the GDP showing a growth of 5.3% year on year (6.9% for 9 months ending December 08). Industry

growth slowed to 2.4%(8.5% in quarter ending Dec 07), with mining growing at 5.3%, electricity by 3.3% , construction by 6.7%, while

manufacturing de-grew by 0.2% and agriculture de-grew by 2.2%(agriculture growth being an obvious aberration, due to a high base

effect) . On the other hand services growth at 9.9% (10.2% in quarter ending Dec 07), remained buoyant due to pay commission

spending, this was reflected in community services growth of 17.3% (5.5% in quarter ending Dec 07).

Analyzing by demand components, the GDP numbers show that private consumption is now 59.5% of GDP, public consumption 10%

of GDP, Fixed capital formation 31% and net exports -6.9% of GDP. In an environment of solemn economic news these numbers hold

significance. The demographically young economy of India is largely driven by internal consumption which is about 70% of the

economy (unlike China whose GDP growth is largely driven by exports, and thus needs adjustment in face of European and US slow

down in demand).This is all aided by a fairly robust (Indian) financial system (unlike the US or European financial institutions whose

solvency is under question).

Investors have just been through a very tough time in terms of returns for equity markets world wide, with even the faith of long term

investors in equities being impacted, as they see multi year returns in their portfolio wiped out by a year plus of volatility and sell offs.

At this point it is important to emphasize its not just long term holding that generates returns for investors, it is important for the

investor to invest at regular intervals when valuations are reasonable in terms of indicators like price to normalized earnings(adjusted

for business cycles) ratios or price to book value to get adequate returns above inflation. Timing issues are obviated in such an

approach to investments. What is ironic is that just when long term investors doubt their allocation to equities; it may be the best time

to buy.

Going forward ,in March 09 the market will look to impending announcement of general elections and possible RBI policy rate

announcements (with expectations building in light of RBI Governor’s positive indications on 8th February 09 , falling inflation, and

weak GDP numbers)

1

FUND MANAGER SPEAKS

Debt marketThe month of February remained very choppy and volatile for the gilts market. The incremental market borrowing of INR 460 bn for

the current fiscal ending March’09 and additional fiscal deficit of INR 410 bn to be financed through non-market route turned the

market sentiments negative. Further, the Interim Budget unveiled in mid-February projected a net borrowing of INR 3090 bn, larger

than market expectations of INR 2,500-2,750 bn. The 10-year benchmark bond touched a 2 months high of 6.68% during the month.

Even though RBI announced the purchase of securities through the open market operations (OMO) route, the sentiments remained

weak. On the macro economic front, December industrial output contracted by 2%, exports declined by 1.1% year on year and

imports grew by 8.8%.

One silver lining was inflation which continued to moderate and was last reported at 3.92% for the week ended Feb 07, 2009. As a

further stimulus to revive economic momentum, the govt reduced service tax to 10% and cut excise duty on bulk cement to 8%. This

may help support a revival of economy through increasing the fiscal deficit by a likely INR 250-300 bn.

On the International developments, Bank of England slashed key lending rate by 50 bps to 1% and the 10-yr US treasury yield

continued its upward trend because of supply pressures. Crude oil prices plunges to USD 37.51 per barrel after touching high of USD

41.59 per barrel.

Corporate bond markets opened the month on a positive note with insurance companies and provident funds buying in anticipation

of huge premium collections. However, the market turned lackluster as yields rose tracking rise in G-sec yields. A further increase of

volatility in the market discouraged investors from investing funds in bonds.

The undertone in the money markets remained positive with liquidity overhang and expectations of further rate cuts by RBI. Money

market liquidity continued to remain in the comfortable territory of around Rs.35000 crores during the month despite additional

supply pressure from the dated issuances.

Consistent dollar demand from importers amid high dollar selling by exporters kept rupee range bound during the month.

On the basis of the indications from various statements made by government and regulators, market participants expect further rate

reductions in the near term. In addition, regular OMO purchases in combination with Market Stabilisation Scheme (MSS) unwinding

by RBI should effectively cap any meaningful upside in g-sec yields from current levels. Given the size of the borrowing program, it is

likely that the government is considering tapping overseas markets. Until then, markets may remain range bound. Outlook for short

term rates is positive, in line with expectation of further rate cuts. Short-medium term corporate bonds are also likely to provide a

good option in a volatile gilts market.

2

3

Portfolio as on 28/02/09Scrip Name Mkt. Value % To Net

(Rs. Lacs) Assets

Auto Ancillaries 336.77 1.33

Exide Industries Ltd 336.77 1.33

Auto 848.55 3.34

Hero Honda Motors Ltd 848.55 3.34

Banks 1,878.58 7.39

HDFC Bank Ltd 1,190.42 4.68

State Bank Of India 688.16 2.71

Cement 360.48 1.42

Rain Commodities Ltd 360.48 1.42

Construction 159.08 0.63

Madhucon Projects Ltd 86.43 0.34

Sadbhav Engineering Limited 72.65 0.29

Consumer Non Durable 3,922.88 15.43

Hindustan Unilever Ltd 1,065.96 4.19

United Spirits Ltd. 685.82 2.7

Nestle India Ltd. 597.40 2.35

ITC Ltd 585.44 2.3

Dabur India Ltd 553.89 2.18

Marico Industries Ltd. 362.31 1.43

Colgate-Palmolive India Ltd 72.06 0.28

Ferrous Metals 339.75 1.34

Usha Martin Ltd 339.75 1.34

Finance 570.09 2.24

Rural Electrification Corp. Ltd. 570.09 2.24

Industrial Capital Goods 1,900.09 7.47

Bharat Heavy Electricals Ltd. 733.06 2.88

Larsen & Toubro Ltd. 470.40 1.85

Voltamp Transformers Ltd 434.90 1.71

Crompton Greaves Ltd 261.73 1.03

Media & Entertainment 468.47 1.84

Sun TV Network Ltd. 468.47 1.84

Non - Ferrous Metals 207.63 0.82

Nava Bharat Ventures Ltd 207.63 0.82

Oil 1,209.51 4.76

Oil & Natu. Gas Co. 1,209.51 4.76

Petroleum Products 2,591.00 10.2

Reliance Industries Ltd. 1,274.88 5.02

H.P.C.L. 699.13 2.75

Castrol India Ltd 617.00 2.43

Pharmaceuticals 1,919.27 7.56

Lupin Ltd 673.00 2.65

Sun Pharmaceuticals Limited 507.23 2

Ranbaxy Laboratories Ltd. 404.50 1.59

Dishman Pharmaceu & Chem Ltd 334.54 1.32

Power 823.58 3.24

National Thermal Power Corp 506.55 1.99

KEC International Ltd 317.03 1.25

Software 1,925.96 7.58

Mphasis Ltd. 1,026.63 4.04

Oracle Financials Services Software 286.94 1.13

Financial Technologies (I) Ltd 279.26 1.1

Infosys Technologies Ltd. 246.26 0.97

Tanla Solutions Ltd. 86.87 0.34

Telecom - Services 1,294.95 5.1

Bharti Airtel Ltd. 1,294.95 5.1

Futures -629.17 -2.48

Nifty -629.17 -2.48

TOTAL 20,127.48 79.19

Fund positioning: Focus on capitalising on opportunities offered by equity markets from time to time with a proactive fund management strategy.

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return(SENSEX) Last 1 year -49.42%, Last 3 years-4.99%, Last 5 years 9.42%, Since Inception 7.48%. Returns are given for growth option.

Performance at a Glance (%) CAGR

Since Inception Last 5 years Last 3 years Last 1 Year

8.29 10.70 -9.06 -56.00

Total Net Assets as on 28/02/09 (Rs Lacs) : 25,415.83

TATA EQUITY OPPORTUNITIES FUND

Dividend HistoryDividend (%) Per unit value (on face value of Rs. 10/-) NAV (Rs.) (Date of Declaration of dividend)

10.00 1.00 15.8183 (11/05/2005)

10.00 1.00 20.1350 (29/11/2005)

50.00 5.00 25.2299 (20/03/2006)

10.00 1.00 21.1290 (12/04/2006)

10.00 1.00 21.4375 (05/05/2006)

10.00 1.00 23.3049 (29/06/2007)

10.00 1.00 31.1517 (30/11/2007)

Past Performance may or may not be sustained in future.

Sectoral Allocation

15.4310.2

7.587.567.477.39

5.14.76

3.343.24

2.241.84

1.421.341.33

0.820.63

0.00 4.00 8.00 12.00 16.00Consumer Non Durable

Petroleum ProductsSoftware

PharmaceuticalsIndustrial Capital Goods

BanksTelecom - Services

OilAuto

PowerFinance

Media & EntertainmentCement

Ferrous MetalsAuto Ancillaries

Non - Ferrous MetalsConstruction

Asset Allocation

(Rs. In Lacs)

Equity / Equity Related 20,127.48

Cash, Others 5,288.35

Total Net Assets 25,415.83

Fund EssentialsDate of Allotment February 25, 1993Minimum Investment Rs. 5000/-Entry Load < Rs. 2 Cr: 2.25%; >= 2 Cr: Nil.Exit Load < Rs. 2 crores: 1% if redeemed on or before expiry of six months from the date of allotment; >=Rs. 2 crores: NIL

For SIP Load Structure please refer Page 30

NAV Details

NAV as on NAV as on

28/02/09 (Rs) 29/02/08 (Rs)

Dividend

Option 11.8595 26.3957

Appreciation

Option 35.8224 81.4111

4

TATA PURE EQUITY FUND

Total Net Assets as on 28/02/09 (Rs Lacs) : 23,614.51 Portfolio as on 28/02/09Scrip Name Mkt. Value % To Net

(Rs. Lacs) Assets

Auto 324.29 1.37


Banks 1,264.88 5.36

HDFC Bank Ltd 884.85 3.75


Cement 269.90 1.14

ACC Ltd. 269.90 1.14




Hindustan Unilever Ltd 935.97 3.96


ITC Ltd 594.59 2.52



Fertilizers 152.01 0.64

Chambal Fertilizer & Chemicals Ltd. 152.01 0.64

Finance 970.32 4.11


LIC Housing Finance Ltd 335.12 1.42

Gas 166.78 0.71

Gujarat State Petronet Ltd. 166.78 0.71





Texmaco Ltd. 156.00 0.66



Oil 919.23 3.89

Oil & Natu. Gas Co. 919.23 3.89



Indian Oil Corp Ltd. 597.49 2.53

H.P.C.L. 489.39 2.07


Lupin Ltd. 429.17 1.82

Sun Pharmaceuticals Limited 405.78 1.72

Ranbaxy Laboratories Ltd. 242.70 1.03

Glaxo Smithkline Pharma 179.99 0.76

Power 1,599.76 6.78

Power Grid Corporation Of India Ltd 675.50 2.86



Software 301.67 1.28




Futures 1,860.14 7.88

Nifty 1,860.14 7.88

TOTAL 17,764.21 75.23

Fund positioning: Focus on long term investment in fundamentally undervalued large cap companies through a process of rigorous research.

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return(SENSEX)Last 1 year -49.42%, Last 3 years-4.99%, Last 5 years 9.42%, Since Inception 7.49%. Returns are given for growth option. Dividends assumed to be reinvested. Whilecalculating returns dividend distribution tax is excluded.



23.90 14.71 -2.20 -44.50

SIP ReturnsInvestment Total Value of CompoundedPeriod Investment Investment as on Annualised

February 10, 2009 Return onInvestment (%)

Last 1 year 12,000 9,297 -38.56Last 3 years 36,000 28,415 -14.72Last 5 years 60,000 69,250 5.66Since Disclosure of1st NAV May 7, 1998 129,000 450,886 21.81

Past performance may or may not be sustained in future. Dividend assumed to be reinvested.Benchmark Returns through SIP route: BSE SENSEX Last 1 year -43.89%, Last 3 years-19.09%, Last 5 years 1.54%, Since Inception: 11.16%. Investment of Rs. 1,000 p.m. isassumed to be made on the 10th of every month, if not then the next business day.

Sectoral Allocation

11.379.97

7.416.78

5.385.365.33

4.113.89

2.41.371.28

1.140.710.64

0.22

0.00 4.00 8.00 12.00Consumer Non Durable

Petroleum ProductsIndustrial Capital Goods

PowerTelecom - Services

BanksPharmaceuticals

FinanceOil

Media & EntertainmentAuto

SoftwareCement

GasFertilizers

Construction

Asset Allocation

(Rs. In Lacs)


Pref. Shares 33.50




20.00 2.00 17.7633 (07/01/2004)15.00 1.50 15.1738 (25/03/2004)20.00 2.00 17.3620 (02/12/2004)15.00 1.50 16.7626 (27/04/2005)10.00 1.00 21.9085 (17/01/2006)30.00 3.00 31.5816 (01/06/2007)


Fund Essentials

Date of Allotment May 7, 1998

Minimum Investment Rs. 5000/-

Entry Load < Rs. 2 Cr: 2.25%; >= Rs. 2 Cr: Nil

Exit Load < Rs. 2 crore: 1% if redeemed on or before expiry of six months from the date of allotment; >=Rs. 2 crore: NIL


NAV Details

NAV as on NAV as on

28/02/09 (Rs.) 29/02/08 (Rs.)

Appreciation

Option 46.3607 83.5398

Regular Income

Option 20.0956 35.7426

5

TATA SELECT EQUITY FUNDFund positioning: Aims to invest predominantly in growing basic sectors from the old economy.

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return(SENSEX) Last 1 year -49.42%, Last 3 years-4.99%, Last 5 years 9.42%, Since Inception 7.08%. Returns are given for growth option. Dividends assumed to be reinvested. Whilecalculating returns dividend distribution tax is excluded.



13.18 10.02 -10.88 -59.37


(Rs. Lacs) AssetsAuto Ancillaries 284.33 4.35


Carborundum Universal Ltd. 63.23 0.97

Cement 463.27 7.09

Century Textiles & Industries Ltd. 209.78 3.21

Shree Cement Limited 108.78 1.66

Grasim Industries Ltd. 82.29 1.26

Madras Cements 62.42 0.96

Chemicals 58.34 0.89

Bombay Dyeing 58.34 0.89



Mahindra Lifespace Developers Ltd 28.56 0.44

B L Kashyap Ltd 28.04 0.43


Consolidated Const. Consortium Ltd 7.53 0.12


Tata Steel Ltd. 77.56 1.19

Man Industries (India) Ltd. 34.91 0.53


Tata Chemicals Ltd 93.04 1.42

Gas 637.19 9.75

Gail (India) Ltd. 381.19 5.83

Gujarat Gas Company Ltd 256.00 3.92

Industrial Capital Goods 664.14 10.16


Bharat Electronics Ltd. 150.94 2.31

Thermax Limited 72.46 1.11

Elecon Engineering Company Ltd. 47.85 0.73


Industrial Products 110.75 1.69

SKF Bearings India Limited 68.28 1.04

KSB Pumps Ltd. 42.47 0.65


Sterlite Industries (I) Ltd 147.00 2.25

Hindalco Industries Ltd 115.80 1.77

Hindustan Zinc Limited 96.30 1.47

Oil 308.04 4.71

Oil & Natu. Gas Co. 276.46 4.23

Aban Loyd Chiles Offshore Ltd 31.58 0.48

Petroleum Products 218.70 3.35


Pharmaceuticals 382.20 5.85

Cipla Ltd 382.20 5.85

Power 430.52 6.59

Tata Power Company Limited 254.24 3.89

Neyveli Lignite Corporation Limited 176.28 2.7

Software 90.21 1.38

On Mobile Global Limited 59.93 0.92


Telecom - Services 642.94 9.84

Bharti Airtel Ltd. 572.99 8.77

Reliance Communications Limited 69.95 1.07

Trading 89.39 1.37

3M India Ltd 89.39 1.37

Transportation 127.29 1.95

Container Corporation Of India Ltd. 127.29 1.95

TOTAL 5,390.13 82.48



Last 1 year 12,000 8,103 -53.53Last 3 years 36,000 22,125 -29.06Last 5 years 60,000 54,540 -3.73Since Disclosure of1st NAV August 21, 1996 150,000 441,117 16.06


Fund Essentials

Date of Allotment May 24, 1996


Entry Load < Rs. 2 Cr: 2.25%, >= Rs. 2 Cr: Nil.

Exit Load >= Rs. 2 Cr: Nil, < Rs. 2 Cr: 1%, if redeemed within 6 months from date of allotment.



Sectoral Allocation

10.169.84

9.757.09

6.595.85

5.494.88

4.714.35

3.351.95

1.721.69

1.421.381.37

0.89

0.00 4.00 8.00 12.00Industrial Capital Goods

Telecom - ServicesGas

CementPower

PharmaceuticalsNon - Ferrous Metals

ConstructionOil

Auto AncillariesPetroleum Products

TransportationFerrous Metals

Industrial ProductsFertilizersSoftware

TradingChemicals

Asset Allocation

(Rs. In Lacs)

Equity 5,390.13



Dividend History

Dividend (%) Per unit value (on face value of Rs. 10/-) NAV (Rs.) (Date of Declaration of dividend)

10.00 1.00 13.3985 (09/08/1999)

25.00 2.50 29.7093 (07/03/2000)

15.00 1.50 16.6602 (23/01/2004)

25.00 2.50 41.8432 (17/11/2006)

20.00 2.00 49.3941 (20/07/2007)

40.00 4.00 49.7288 (21/09/2007)

Bonus : 1:2 in March' 2000


NAV Details

NAV as on NAV as on

28/02/09 (Rs.) 29/02/08 (Rs.)

Appreciation

Option 26.2096 64.5103

Regular Income

Option 19.8860 48.8819

6

TATA LIFE SCIENCES AND TECHNOLOGY FUND


(Rs. Lacs) Assets

Consumer Non Durable 334.48 14.61

Glaxo Smithkline Beechem Con Health 186.54 8.15


Zydus Wellness Limited 15.63 0.68

Hardware 174.32 7.61

HCL Infosystems Ltd. 153.67 6.71

Tata Elxsi India Ltd 20.65 0.9


BEML Ltd. 91.89 4.01



Cadilla Healthcare Limited 227.89 9.95

Aventis Pharma Limited 170.00 7.42

Sun Pharmaceuticals Limited 91.30 3.99


Cipla Ltd 66.89 2.92

Software 753.44 32.89


Mphasis Ltd. 134.64 5.88


Patni Computer Systems Ltd. 97.36 4.25


HTMT Global Solutions Limited 43.03 1.88

NIIT Technologies Ltd. 33.72 1.47


Zensar Technologies Limited 21.76 0.95

Firstsource Solutions Limited 20.62 0.9



TOTAL 2,266.45 98.95

Fund positioning: Aims to invest in fast growing, intellectual proper ty driven new economy sectors which have the potential of creating long term value.

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return (SENSEX) Last 1 year -49.42%, Last 3 years

-4.99%, Last 5 years 9.42%, Since Inception 8.08%. Returns are given for growth option. Dividends assumed to be reinvested. While

calculating returns dividend distribution tax is excluded.



12.06 7.40 -10.62 -43.07

Dividend History


25.00 2.50 20.8978 (31/03/2000)

18.00 1.80 14.6227 (04/11/2003)

25.00 2.50 39.6040 (24/11/2006)

25.00 2.50 38.9969 (27/04/2007)

40.00 4.00 37.2647 (25/05/2007)

50.00 5.00 35.0657 (06/07/2007)


Fund Essentials

Date of Allotment July 2, 1999


Entry Load < Rs. 2 Cr:2.25%; >= Rs.2 Cr. : NIL

Exit Load >= Rs. 2 Crs: Nil, < Rs. 2 Crs: 1%, if redeemed within 6 months from date of allotment.



Asset Allocation

(Rs. In Lacs)

Equity 2,266.45

Cash, Others 23.64


Sectoral Allocation

32.89

27.99

14.61

8.34

7.61

7.51

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00

Software

Pharmaceuticals

Consumer Non Durable

Telecom - Services

Hardware

Industrial Capital Goods

NAV Details

NAV as on NAV as on

28/02/09 (Rs.) 29/02/08(Rs.)

Appreciation

Option 26.2664 46.1409

Regular Income

Option 15.2065 26.7101

7

TATA TAX SAVING FUND


(Rs. Lacs) Assets

Auto Ancillaries 40.94 0.46Amara Raja Batteries Ltd 40.94 0.46Auto 232.56 2.63Hero Honda Motors Ltd 232.56 2.63Banks 432.24 4.89State Bank Of India 276.80 3.13HDFC Bank Ltd 70.79 0.8ICICI Bank Ltd 49.22 0.56Punjab National Bank 35.44 0.4Cement 343.89 3.89Grasim Industries Ltd. 274.30 3.1Rain Commodities Ltd 69.59 0.79Chemicals 74.28 0.84Hikal Limited 74.27 0.84Construction 66.31 0.75IVRCL Infrastructures & Project Ltd 66.31 0.75Consumer Non Durable 1,140.46 12.9Hindustan Unilever Ltd 408.62 4.62ITC Ltd 274.43 3.11Dabur India Ltd 227.38 2.57United Spirits Ltd. 192.57 2.18Nestle India Ltd. 37.47 0.42Ferrous Metals 135.64 1.53Welspun Gujarat Stahl Rohren Ltd 74.34 0.84Maharashtra Seamless Ltd. 61.30 0.69Finance 218.45 2.48Crisil 112.75 1.28IDFC Ltd 105.70 1.2Gas 458.01 5.18Gujarat State Petronet Ltd. 196.20 2.22Gujarat Gas Company Ltd 139.83 1.58Gail (India) Ltd. 121.98 1.38Industrial Capital Goods 1,092.40 12.36Bharat Heavy Electricals Ltd. 259.71 2.94Bharat Electronics Ltd. 215.63 2.44Larsen & Toubro Ltd. 214.01 2.42AIA Engineering Ltd 185.84 2.1Crompton Greaves Ltd 130.73 1.48Texmaco Ltd. 67.43 0.76Sunil Hitech Engineers Ltd 19.07 0.22Media & Entertainment 187.24 2.12ZEE News Ltd. 172.21 1.95IBN18 Broadcast Ltd 15.03 0.17Oil 352.49 3.99Oil & Natu. Gas Co. 352.49 3.99Petroleum Products 84.36 0.95BPCL 84.36 0.95Pharmaceuticals 561.31 6.35Cipla Ltd 315.32 3.57Ranbaxy Laboratories Ltd. 161.80 1.83Dabur Pharma Ltd. 84.20 0.95Power 502.38 5.68Tata Power Company Limited 276.03 3.12Power Grid Corporation Of India Ltd 157.30 1.78KEC International Ltd 69.05 0.78Software 322.18 3.65Mphasis Ltd. 168.30 1.9Zenith Infotech Limited 80.00 0.91Infosys Technologies Ltd. 73.88 0.84Telecom - Services 553.30 6.26Bharti Airtel Ltd. 424.33 4.8Idea Cellular Ltd 128.98 1.46Transportation 17.17 0.19Mercator Lines Ltd. 17.17 0.19TOTAL 6,815.62 77.10

Fund positioning: An equity linked tax savings scheme (ELSS) aiming to provide medium to long term capital gains along with income tax benefit under Section 80C of the Income Tax Act.

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return(SENSEX) Last 1 year -49.42%, Last 3 years-4.99%, Last 5 years 9.42%, Since Inception 7.81%. Dividends assumed to be reinvested. While calculating returns dividend distributiontax is excluded.


Since Inception Last 5 years Last 3 years Last 1 Year18.55 7.99 -10.50 -49.45




Last 1 year 12,000 8,790 -45.08Last 3 years 36,000 24,728 -22.83Last 5 years 60,000 54,455 -3.80Since Disclosure of1st NAV June 28,1996 152,000 578,630 19.44


Fund Essentials

Date of Allotment March 31, 1996


Entry Load <Rs. 2 crores:2.25%, >= Rs. 2 crores:Nil

Exit Load Nil


Bonus : 1:1 in March' 2000

Dividend History


20.00 2.00 16.8910 (15/06/1999)20.00 2.00 41.4920 (14/01/2000)10.00 1.00 23.9770 (10/12/2003)

101.00 10.10 40.1923 (20/10/2005)30.00 3.00 63.7228 (14/12/2007)


NAV Details

NAV as on 28/02/09(Rs) 25.9155

NAV as on 29/02/08(Rs) 51.2705

Sectoral Allocation

12.912.36

6.356.26

5.685.18

4.893.993.89

3.652.63

2.482.12

1.530.95

0.840.75

0.460.19

0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00Consumer Non Durable

Pharmaceuticals

Power

Banks

Cement

Auto

Media & Entertainment

Petroleum Products

Construction

Transportation

Asset Allocation

(Rs. In Lacs)

Equity 6,815.62



8


(Rs. Lacs) Assets


Amara Raja Batteries Ltd 40.60 1.21


Banks 138.38 4.14

Federal Bank Ltd . 49.62 1.48

Union Bank Of India 45.36 1.36

Bank Of Baroda 43.40 1.3



IVRCL Infrastructures & Project Ltd 21.74 0.65


Consumer Durables 18.38 0.55

Voltas Limited 18.38 0.55


ITC Ltd 128.07 3.83


Advanta India Limited 50.24 1.5


Titan Industries Limited 37.62 1.12


Welspun Gujarat Stahl Rohren Ltd 37.17 1.11

Finance 131.29 3.93

Power Finance Corporation 100.98 3.02


Gas 151.16 4.52


Indraprastha Gas Ltd. 61.23 1.83



Jyoti Structures Ltd. 56.65 1.69

AIA Engineering Ltd 25.88 0.77




Oil 215.49 6.44

Oil & Natu. Gas Co. 145.14 4.34

GE Offshore Ltd. 27.45 0.82

Shiv-Vani Oil&Gas Explor Serv.Ltd. 27.12 0.81



H.P.C.L. 55.93 1.67

Reliance Industries Ltd. 44.28 1.32


Lupin Ltd 107.29 3.21

Opto Circuits (India) Ltd 96.85 2.89

Power 244.77 7.31


GVK Power & Infrastructure Ltd 80.20 2.4

CESC Limited 48.34 1.44


Zenith Infotech Limited 58.34 1.74

Geodesic Limited 42.42 1.27

Educomp Limited 32.88 0.98




Mercator Lines Ltd. 38.02 1.14

Futures 164.13 4.90

Nifty 164.13 4.90

TOTAL 2,393.02 71.49

Fund positioning: Aimed at allowing investors to take advantage of long term investment in equities.

NAV Details

NAV as on 28/02/09 (Rs) NAV as on 29/02/08 (Rs)

Regular Income Option 8.0098 18.4831

Appreciation Option 17.9506 42.4161

Bonus Option 16.0996 37.1701

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return(SENSEX) Last 1 year -49.42%, Last 3 years

-4.99%, Last 5 years 9.42%, Since Inception 5.38%. Returns are given for dividend option. Dividends assumed to be reinvested. While

calculating returns dividend distribution tax is excluded.



5.36 7.72 -11.83 -56.66


TATA GROWTH FUND

Dividend History


8.00 0.8 13.9211 (16/09/2004)

20.00 2.00 24.5465 (25/08/2006)

100.00 10.00 26.7310 (23/03/2007)

20.00 2.00 25.2763 (16/11/2007)

30.00 3.00 23.5461 (21/12/2007)


Fund Essentials



Entry Load >= Rs. 5 Cr: Nil; < Rs. 5 Cr: 2.25%

Exit Load Nil


Sectoral Allocation

10.157.31

6.446.1

5.294.77

4.524.14

3.933.12

2.992.41

1.931.83

1.110.55

0.00 2.00 4.00 6.00 8.00 10.00 12.00Consumer Non Durable

PowerOil

PharmaceuticalsIndustrial Capital Goods

SoftwareGas

BanksFinance

TransportationPetroleum Products

Auto AncillariesMedia & Entertainment

ConstructionFerrous Metals

Consumer Durables

Asset Allocation

(Rs. In Lacs)


Cash, Others 954.24


9

TATA EQUITY P/E FUND


(Rs. Lacs) Assets



Carborundum Universal Ltd. 176.61 2.08

Amara Raja Batteries Ltd 55.13 0.65

Auto 66.80 0.79

Ashok Leyland 66.80 0.79

Banks 1,378.64 16.26

Punjab National Bank 337.50 3.98



Indian Bank 181.97 2.15




Karur Vysya Bank Ltd 79.15 0.93

Cement 177.70 2.1

Shree Cement Limited 132.88 1.57

Century Textiles & Industries Ltd. 44.83 0.53




Tata Tea Ltd 185.33 2.19

Kansai Nerolac Paints Ltd. 91.19 1.08



Maharashtra Seamless Ltd. 62.68 0.74

Ratnamani Metals & Tubes Ltd 29.98 0.35



Finance 231.83 2.73

Motilal Oswal Financial Serv. Ltd 231.83 2.73

Gas 508.39 6










TV Today Network Limited 340.27 4.01


Balaji Telefilms Ltd. 15.80 0.19

Minerals/ Mining 86.04 1.01

Gujarat Mineral Dev Corp Ltd. 86.04 1.01





Oil 552.92 6.52

Oil & Natu. Gas Co. 552.92 6.52



H.P.C.L. 279.65 3.3


Cipla Ltd 397.81 4.69



Infotech Enterprises Limited 53.35 0.63




TOTAL 7,197.02 84.88

Fund positioning: Invests atleast 70% of its net assets in stocks with P/E ratios less than that of the BSE Sensex.

NAV Details

NAV as on NAV as on

28/02/09 (Rs.) 29/02/08 (Rs.)




Past Performance of the Scheme may or may not be sustained in future. Benchmark Return (SENSEX) Last 1 year -49.42%,Last 3 years -4.99%, Since Inception 13.90%. Returns are given for growth option.


Since Inception Last 3 Year Last 1 Year

14.62 -3.47 -49.83

Fund Essentials

Date of Allotment June 29, 2004


Entry Load > Rs.2 Crs: NIL; < Rs. 2 Crs: 2.25%

Exit Load < Rs.2 Crs: 1% if redeemed on or before expiry of6 months from the date of allotment; >=Rs.2Crs: NIL


Dividend History


5.00 0.5 11.4449 (23/09/2004)

5.00 0.5 31.1969 (25/03/2008)


Sectoral Allocation

16.267.38

6.966.71

6.526.05

6.004.69

4.153.27

2.732.72

2.252.1

1.461.451.42

1.010.790.68

0.28

0.00 4.00 8.00 12.00 16.00 20.00Banks

Non - Ferrous MetalsMedia & Entertainment

Petroleum ProductsOil

Auto AncillariesGas

PharmaceuticalsSoftware

Consumer Non DurableFinance

Ferrous MetalsTransportation

CementFertilizers

Industrial Capital GoodsHardware

Minerals/ MiningAuto

Industrial ProductsConstruction

Asset Allocation

(Rs. In Lacs)

Equity 7,197.02

Pref. Shares 8.38



10

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return (SENSEX) Last 1 year -49.42%,

Last 3 years -4.99%, Since Inception 9.80%. Returns are given for growth option.


Since Inception Last 3 Years Last 1 Year

6.19 -6.70 -46.73

TATA DIVIDEND YIELD FUND

Portfolio as on 28/02/09

Scrip Name Mkt. Value % To Net

(Rs. Lacs) Assets


Kesoram Industries & Cotton Mills L 79.07 1.1

Auto 58.45 0.81

Ashok Leyland 58.45 0.81

Banks 880.61 12.27




Andhra Bank 95.99 1.34

Indian Bank 77.99 1.09

Cement 192.01 2.67


Chemicals 317.81 4.43

Deepak Fert.& Petrochem. Corp Ltd 208.65 2.91

Clariant Chemical 79.99 1.11

Bombay Dyeing 29.17 0.41


ICI ( India ) Ltd 404.23 5.63



ITC Ltd 274.43 3.82

Navneet Publications India Limited 235.48 3.28

Kansai Nerolac Paints Ltd. 83.67 1.16




Finance 560.71 7.81

Crisil 433.79 6.04

HDFC Limited 126.92 1.77


Hcl Infosystems Ltd. 264.66 3.68

Tata Elxsi India Ltd 82.60 1.15







Paper 126.26 1.76

Tamilnadu Newsprint And Papers Ltd 126.26 1.76






Power 179.88 2.5


Software 98.00 1.37

HCL Technologies Ltd 49.95 0.7


Trading 95.38 1.33

3M India Ltd 95.38 1.33


The Great Eastern Shipping Co.Ltd 301.59 4.2

TOTAL 5,989.86 83.42

NAV Details

NAV as on NAV as on

28/02/09 (Rs.) 29/02/08 (Rs.)

Dividend Option 10.1784 19.0461



Fund Essentials

Date of Allotment November 22, 2004



Exit Load Nil


Dividend History


4 0.40 11.0776 (07/02/2005)

10 1.00 14.2886 (20/12/2005)

10 1.00 11.9191(21/07/2006)

10 1.00 23.8872 (14/12/2007)


Sectoral Allocation

22.3312.27

7.814.83

4.434.2

4.093.85

3.322.672.5

2.452.3

1.761.371.331.1

0.81

0.00 5.00 10.00 15.00 20.00 25.00

Consumer Non DurableBanks

FinanceHardware

ChemicalsTransportation

FertilizersPharmaceuticals

Media & EntertainmentCement

PowerPetroleum Products

Industrial Capital GoodsPaper

SoftwareTrading

Auto AncillariesAuto

Asset Allocation

(Rs. In Lacs)

Equity 5,989.86

Pref. Shares 11.61



Fund positioning: Aims to invest at least 70% of its assets in stocks with high dividend yields.

11


(Rs. Lacs) Assets

Banks 17,167.81 12.66

HDFC Bank Ltd 6,556.83 4.84

State Bank Of India 5,097.19 3.76

Punjab National Bank 2,142.97 1.58

Bank Of Baroda 1,457.50 1.07

AXIS Bank Limited 1,043.85 0.77

ICICI Bank Ltd 869.47 0.64

Cement 1,351.08 1


ACC Ltd. 674.75 0.5

Construction 4,182.08 3.09

IVRCL Infrastructures & Project Ltd 1,027.79 0.76

GMR Infrastructure Ltd 996.61 0.74

Jai Prakash Associates Limited 924.88 0.68

Nagarjuna Construction Co Ltd 665.62 0.49

Simplex Infrastructures Ltd. 567.18 0.42

Ferrous Metals 5,420.03 3.99

Jindal Steel & Power Ltd. 2,829.50 2.09

Steel Authority Of India Ltd. 1,535.96 1.13

Usha Martin Ltd 533.19 0.39


Finance 5,471.92 4.04

Rural Electrification Corp. Ltd. 1,532.42 1.13

HDFC Limited 1,479.89 1.09

LIC Housing Finance Ltd 1,297.68 0.96

IDFC Ltd 1,161.93 0.86

Gas 327.00 0.24



Bharat Heavy Electricals Ltd. 8,039.07 5.93

Larsen & Toubro Ltd. 4,437.78 3.27

Crompton Greaves Ltd 2,070.87 1.53

Areva T & D India Ltd. 1,522.13 1.12







Oil 9,431.08 6.96

Oil & Natu. Gas Co. 7,710.47 5.69

Cairn India Ltd. 1,720.62 1.27



H.P.C.L. 2,167.29 1.6

Indian Oil Corp Ltd. 1,097.44 0.81

Power 15,430.81 11.37

Power Grid Corporation Of India Ltd 6,929.30 5.11

Tata Power Company Limited 4,043.13 2.98

National Thermal Power Corp 1,381.50 1.02

GVK Power & Infrastructure Ltd 1,362.12 1

Reliance Infrastructure Limited 981.20 0.72




Reliance Communications Limited 1,553.53 1.15

Futures 7,057.59 5.21

Nifty 7,057.59 5.21

TOTAL 102,627.61 75.69

Fund positioning: Invests predominantly in companies with potential of creating long term value from expected investments in infrastructure oriented sectors.


NAV Details

NAV as on NAV as on

28/02/09 (Rs.) 29/02/08 (Rs.)

Dividend Option 11.8412 26.5895


TATA INFRASTRUCTURE FUND

Fund Essentials

Date of Allotment December 31, 2004


Entry Load < Rs. 2 Cr: 2.25%; >= Rs.2 Cr: Nil

Exit Load < Rs. 2 crores: 1% if redeemed on or before expiry of six months from the date of allotment; >=Rs. 2 crores: NIL


Dividend History


4.50 0.45 11.4230 (07/07/2005)

15.00 1.50 22.0400 (10/11/2006)

20.00 2.00 19.0546 (09/03/2007)

20.00 2.00 24.0726 (14/09/2007)

10.00 1.00 24.6787 (11/03/2008)


Past Performance of the Scheme may or may not be sustained in future. Returns are given for growth option. Benchmark Return (SENSEX)

Last 1 year -49.42%, Last 3 years -4.99%, Since Inception 7.41%.

Performance at a Glance (%) - CAGR


13.12 -1.34 -53.66

Sectoral Allocation

13.8

12.66

11.37

7.196.96

5.78

4.04

3.99

3.09

1

0.37

0.24

0.00 4.00 8.00 12.00 16.00


Banks

Power

Petroleum Products

Oil

Telecom - Services

Finance

Ferrous Metals

Construction

Cement

Industrial Products

Gas

Asset Allocation

(Rs. In Lacs)


Pref. Shares 131.62



12


(Rs. Lacs) Assets

Banks 1,095.53 15.35








JMC Projects India Ltd 89.05 1.25


Simplex Infrastructures Ltd. 49.14 0.69


Finance 690.77 9.68



IDFC Ltd 132.13 1.85

India Infoline Ltd 124.12 1.74


ZEE News Ltd. 242.15 3.39

TV Today Network Limited 91.45 1.28

UTV Software Communication Ltd 42.11 0.59

Network 18 Media & Investment Ltd 2.11 0.03

Oil 138.23 1.94

Oil & Natu. Gas Co. 138.23 1.94

Power 653.04 9.15



Reliance Infrastructure Limited 122.65 1.72

Software 1,417.56 19.86






Geodesic Limited 85.11 1.19

Zenith Infotech Limited 78.67 1.1





Futures 328.26 4.60

Nifty 328.26 4.60

TOTAL 5,265.24 73.78

Fund positioning: Invests predominantly in companies from services sector.

NAV Details

NAV as on 28/02/09 (Rs) NAV as on 29/02/08 (Rs)

Regular Income 8.5626 20.2470

Appreciation 9.7142 22.9717

Debt Portfolio as on 28/02/09Scrip Name Rating Mkt Value % to Net Assets

(Rs. Lacs)

Trent Ltd LAA 18.76 0.26

TOTAL 18.76 0.26


Fund Essentials

Date of Allotment April 05, 2005





TATA SERVICE INDUSTRIES FUND

Dividend History


25.00 2.50 20.6531 (11/05/2007)


Sectoral Allocation

19.86

15.35

9.68

9.15

5.72

5.29

2.18

1.94

0.00 5.00 10.00 15.00 20.00 25.00

Software

Banks

Finance

Power

Construction

Media &Entertainment

Telecom -Services

Oil

Asset Allocation

(Rs. In Lacs)

Equity/Equity Related 5,265.24

Pref. Shares 9.62

Debt 18.76



Past Performance of the Scheme may or may not be sustained in future. Returns are given for growth option. Benchmark Return(SENSEX) Last 1 year -49.42%, Last 3 years -4.99, Since Inception 8.14%.



-0.74 -13.90 -57.71

13

TATA MID CAP FUND


(Rs. Lacs) Assets



Banks 230.47 4.49




Cement 186.12 3.63

Ultratech Cemco Limited 141.12 2.75












Jindal Steel & Power Ltd. 67.80 1.32



Finance 72.13 1.41

Power Finance Corporation 72.13 1.41

Gas 247.52 4.82


Indraprastha Gas Ltd. 61.23 1.19

Hotels 36.20 0.71

Indian Hotels Co. Ltd. 36.20 0.71







Jain Irrigation Systems Ltd. 153.07 2.99




Nava Bharat Ventures Ltd 110.17 2.15


Oil 79.04 1.55



Paper 66.75 1.3

Tamilnadu Newsprint And Papers Ltd 66.75 1.3


H.P.C.L. 251.69 4.91

Castrol India Ltd 211.79 4.13


Dishman Pharmaceu & Chem Ltd 129.46 2.53

Power 236.03 4.6

GVK Power & Infrastructure Ltd 110.28 2.15


CESC Limited 56.03 1.09

Software 41.56 0.81

Infotech Enterprises Limited 41.56 0.81

Trading 89.39 1.74

3M India Ltd 89.39 1.74



Mercator Lines Ltd. 44.40 0.87

TOTAL 3,724.56 72.66

Fund positioning: Aims to invest at least 65% of its assets in mid cap companies.


NAV Details

NAV as on 28/02/09 (Rs.) NAV as on 29/02/08 (Rs.)



Fund Essentials

Date of Allotment June 29, 2005



Exit Load Nil


Past Performance of the Scheme may or may not be sustained in future. Returns are given for growth option. Benchmark Return(CNX Mid Cap Index) Last 1 year -56.17%, Last 3 years -10.26%, Since Inception 0.87%.



-7.88 -15.62 -58.18

Dividend History


10.00 1.00 15.1393 (26/03/2008)


Asset Allocation

(Rs. In Lacs)

Equity 3,724.56



Sectoral Allocation

14

Fund positioning: An open ended equity fund which uses a contrarian investment strategy

TATA CONTRA FUND


Scrip Name Mkt. Value % To Net(Rs. Lacs) Assets



Banks 707.56 10.81



Cement 116.58 1.78










Tata Tea Ltd 173.84 2.66


Eveready Industries India Ltd. 49.08 0.75

Ranaissance Jewellery Limited (Warrants) 0.14 0




Rashtriya Chemicals & Fert Ltd. 137.80 2.11

Gujrat State Fertilizers & Chem Ltd 62.68 0.96

Gujarat Narmada Valley Fertilizers 54.75 0.84

Finance 361.90 5.53

HDFC Limited 126.92 1.94

Crisil 120.64 1.84

IDFC Ltd 58.14 0.89

Motilal Oswal Financial Serv. Ltd 56.20 0.86

Gas 152.48 2.33


Hardware 40.10 0.61









TV 18 India Ltd. 43.19 0.66

HT Media Ltd. 23.96 0.37





Oil 83.53 1.28

Cairn India Ltd. 83.53 1.28


H.P.C.L. 363.55 5.55


Pfizer Ltd 205.74 3.14


Power 278.73 4.25





Patni Computer Systems Ltd. 63.54 0.97





Trading 89.39 1.37

3M India Ltd 89.39 1.37



TOTAL 5,688.49 86.94


NAV Details




Fund Essentials

Date of Allotment November 14, 2005


Entry Load Nil

Exit Load Nil


Sectoral Allocation

10.819.53

7.527.27

5.555.53

4.844.784.6

4.253.91

3.182.57

2.332.33

1.781.63

1.371.28

0.790.61

0.48

0.00 4.00 8.00 12.00Banks

Consumer Non DurableTelecom - Services

Industrial Capital GoodsPetroleum Products

FinanceMedia & Entertainment

Non - Ferrous MetalsPharmaceuticals

PowerFertilizers

Auto AncillariesConstruction

GasSoftwareCement

TransportationTrading

OilFerrous Metals

HardwareConsumer Durables

Asset Allocation

(Rs. In Lacs)

Equity 5,688.49

Cash, Others 856.86


Dividend History


10.00 1.00 16.7946 (14/12/2007)


15

Fund positioning: An open-ended equity Fund with the flexibility to invest in a wide range of companies with an objective to maximize the returns, at thesame time trying to minimize the risk by reasonable diversification and using derivative as a risk management tool.

TATA EQUITY MANAGEMENT FUND




Kesoram Industries & Cotton Mills L 152.93 1.11

Banks 2,435.34 17.73











ITC Ltd 274.43 2




Gujrat State Fertilizers & Chem Ltd 115.02 0.84


Finance 132.13 0.96

IDFC Ltd 132.13 0.96

Gas 228.71 1.67






Oil 255.73 1.86

Oil & Natu. Gas Co. 255.73 1.86






Dr. Reddy’s Labaratories Ltd 391.30 2.85

Piramal Healthcare Ltd 270.47 1.97

Power 703.18 5.12


Indo Tech Transformers Ltd 323.64 2.36

Software 1,054.37 7.68






Trading 163.68 1.19

3M India Ltd 163.68 1.19

TOTAL 11,868.74 86.43


NAV Details




Fund Essentials




Exit Load Nil


Sectoral Allocation

0.00 4.00 8.00 12.00 16.00 20.0017.73

13.310.6

9.848.07

7.685.12

3.711.86

1.671.49

1.191.111.061.040.96

BanksConsumer Non DurableIndustrial Capital Goods

PharmaceuticalsPetroleum Products

SoftwarePower

Telecom - ServicesOil

GasConstruction

TradingAuto Ancillaries

FertilizersFerrous Metals

Finance

Dividend History


10.00 1.00 13.7907 (04/12/2007)


Past Performance of the Scheme may or may not be sustained in future. Benchmark (S&P CNX NIFTY INDEX) Last 1 year-47.09%, Since Inception -3.96%.


Since Inception Last 1 Year

-11.72 -41.57

Asset Allocation

(Rs. In Lacs)

Equity 11,868.74



16

TATA BALANCED FUND


(Rs. Lacs) Assets

Auto 324.29 2.06


Banks 1,159.04 7.36






ITC Ltd 521.41 3.31




Mcleod Russel Ltd. 100.14 0.64



Rashtriya Chemicals & Fert Ltd. 118.68 0.75


Finance 520.70 3.31



Gas 143.76 0.91










Oil 649.34 4.12

Oil & Natu. Gas Co. 649.34 4.12


Reliance Industries Ltd. 629.99 4

H.P.C.L. 139.83 0.89



Lupin Ltd 429.17 2.72

Power 955.58 6.07


Indo Tech Transformers Ltd 448.96 2.85








TOTAL 10,451.41 66.38

Fund positioning: With 65-75% investment in equities and the rest in debt, the fund is ideal for investors who have some appetite for equity but are hesitant to invest 100% in equities.

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return (Crisil Balanced Index) Last 1 year-30.41%, Last 3 years 0.98%, Last 5 years 7.64%. Returns are given for Appreciation Option. No figures are available for otherperiods. Dividends assumed to be reinvested. While calculating returns dividend distribution tax is excluded.



13.64 12.41 0.20 -38.24

Nav Details

NAV as on NAV as on

28/02/09 (Rs.) 29/02/08 (Rs.)




Fund EssentialsDate of Allotment October 08, 1995





Debt Portfolio as on 28/02/09Scrip Name Rating Mkt Value

(Rs. Lacs)

EXIM LAAA 1,514.39

HDFC Limited LAAA 498.64

GOI - 7.95% (28-8-2032) SOV 520.00

TOTAL 2,533.03


12.50 1.25 19.0084 (09/09/2003)15.00 1.50 22.6691 (11/03/2004)30.00 3.00 24.7554 (12/01/2005)40.00 4.00 40.5078 (01/12/2006)20.00 2.00 42.7533 (13/07/2007)10.00 1.00 52.4219 (07/12/2007)


Sectoral Allocation

15.147.36

6.81

6.07

5.58

5.24

4.59

4.12

3.31

2.72

2.06

1.44

1.03

0.91

0.00 4.00 8.00 12.00 16.00

Consumer Non Durable

Banks


Power

Petroleum Products

Software

Telecom - Services

Oil

Finance

Pharmaceuticals

Auto

Fertilizers

Media & Entertainment

Gas

Asset Allocation

(Rs. In Lacs)

Equity 10,451.41

Debt 2,013.03

GOI 520.00

Pref. Shares 9.09





Last 1 year 12,000 9,751 -32.50Last 3 years 36,000 29,944 -11.56Last 5 years 60,000 67,060 4.39Since Disclosure of1st NAV January 5, 1996 157,000 472,700 15.61

Past performance may or may not be sustained in future. Dividend assumed to be reinvested.Benchmark Returns through SIP route: CRISIL BALANCED FUND - Last 1 year -26.28%, Last 3years -7.94%, Last 5 years 3.24%, no figures are available for other periods. Investment of Rs.1,000 p.m. is assumed to be made on the 10th of every month, if not then the next business day.

17

TATA YOUNG CITIZENS' FUND


(Rs. Lacs) Assets


Mico - Motor Industries Co. Ltd 103.35 0.83

Auto 74.31 0.59

Mahindra & Mahindra Ltd. 74.31 0.59

Banks 623.66 4.99







ITC Ltd 182.95 1.46

Titan Industries Limited 67.72 0.54

Advanta India Limited 62.48 0.50



Jindal Steel & Power Ltd. 156.47 1.25


PSL Limited 14.28 0.11




ABB Ltd 104.19 0.83




Oil 82.34 0.66


Pesticides 76.10 0.61

United Phosphorus Ltd. 76.10 0.61




Lupin Ltd 115.97 0.93

Dr. Reddy’s Labaratories Ltd 97.83 0.78

Piramal Healthcare Ltd 62.42 0.50

Power 572.08 4.57







Tata Consultancy Services Limited 66.59 0.53




Trading 35.75 0.29

3M India Ltd 35.75 0.29

TOTAL 4,795.45 38.33

Bonus HistoryBonus Units in March' 1999 1:3

Bonus Units in March' 2000 1:2

Bonus Units in Nov' 2003 1:4

Bonus Units in Nov' 2007 1:2

Fund positioning: An open-ended balanced scheme aimed at helping parents / guardians / well-wishers to save for the financial needs of growing children.

Past Performance of the Scheme may or may not be sustained in future. Benchmark Return (Crisil Balanced Index) Last 1 year -30.41%,Last 3 years 18.98%, Last 5 years 7.64%. No figures are available for other periods.



12.51 8.41 0.23 -22.69

NAV Details

NAV as on 28/02/09(Rs) 12.9180

NAV as on 29/02/08(Rs) 16.7101


Fund EssentialsDate of Allotment October 14, 1995

Minimum Investment Rs. 500/-Entry Load: Compulsory Lock-in Option: 2.5%. Anytime Exit Option: 2.5%.

Exit Load: Compulsory Lock-in Option: 3% if redeemed on or before expiry of 3 years from the date of allotment. (Thisload will be applicable when the lock-in period expires before 3 years from the date of allotment). Anytime Exit Option:If child attains majority after 7 years from the date of allotment: If redeemed on or before expiry of 3 years from thedate of allotment: 3% If redeemed after 3 years but on or before 7 years from the date of allotment: 2% If redeemedafter 7 years but before child attains majority: 1% No load after the child attains majority If child attains majority before7 years from the date of allotment: If redeemed on or before expiry of 3 years from the date of allotment: 3% Ifredeemed after 3 years but on or before 7 years from the date of allotment: 2% If redeemed after 7 years: Nil.


Debt Portfolio as on 28/02/09Scrip Name Rating Mkt Value

(Rs. Lacs)

EXIM LAAA 2,020.18

State Bank Of Travancore LAAA 544.91

NABARD AAA 519.18

Punjab National Bank F1+ 499.88

AXIS Bank Limited LAA+ 478.66

Bank Of Baroda A1+ 471.85

Power Finance Corporation AAA 1,393.22

TOTAL 5,927.87

Past Performance of the Scheme may or may not be sustained in future.

Sectoral Allocation

10.774.994.9

4.572.86

2.211.88

1.721.45

0.830.660.610.59

0.29

0.00 4.00 8.00 12.00Consumer Non Durable

BanksIndustrial Capital Goods

PowerSoftware

PharmaceuticalsFerrous Metals

Petroleum ProductsTelecom - Services

Auto AncillariesOil

PesticidesAuto

Trading

Asset Allocation

(Rs. In Lacs)

Debt 5,927.87

Equity 4,795.45



18

TATA FLOATER FUND

Fund Essentials

Date of Allotment: September 06, 2005

Average Maturity: 0.24 years

Minimum Investment: Rs. 10,000/-

Entry Load 0.5%<= Rs. 5 lacs; Nil > Rs. 5 lacs.

Exit Load For amt < Rs. 5 Lakhs: 0.50% if redeemed before expiry of

30 days from the date of allotment. For amt >= Rs. 5 Lakhs: Nil.


Nav DetailsOption NAV as on 28/02/09 (Rs) NAV as on 29/02/08 (Rs)

DIV DAILY 10.0356 10.0356

DIV WEEKLY 10.0893 10.0876

GROWTH 12.9984 11.8987

Debt Portfolio as on 28/02/09Scrip Name Rating Mkt. Value (Rs. Lacs)ICICI Bank Ltd A1+ 62,645.77Canara Bank P1+ 44,574.08Punjab National Bank F1+ 38,176.37UCO Bank P1+ 37,236.55Allahabad Bank A1+ 24,424.86Vijaya Bank PR1+ 16,121.47IDBI Bank Ltd. A1+ 15,319.18Dena Bank F1+ 14,151.06AXIS Bank Limited P1+ 13,611.15State Bank Of Bikaner & Jaipur P1+ 12,200.98NABARD AAA 10,524.39State Bank Of Mysore A1+ 9,803.91Corporation Bank P1+ 9,753.84State Bank Of Patiala A1+ 8,806.50Karnataka Bank Ltd A1+ 7,320.71Canara Bank A1+ 4,971.86Hongkong & Shanghai Banking Corpn L A1+ 4,872.20Federal Bank Ltd . F1+ 4,318.47Jammu And Kashmir Bank P1+ 4,318.47ICICI Bank Ltd AAA 3,962.43Kotak Mahindra Bank P1+ 2,443.67Syndicate Bank PR1+ 2,428.04National Housing Bank AAA 1,455.82State Bank Of Bikaner & Jaipur A1+ 1,180.65Indian Bank F1+ 996.61YES Bank Ltd. A1+ 986.12Centurion Bank Of Punjab Ltd F1+ 99.78Tata Tea Ltd AA+ 508.05Sundaram Fin Ltd LAA+ 10,000.00Global Trade Finance Limited P1+ 9,963.31Gruh Finance Limited P1+ 9,945.41HDFC Limited LAAA 7,958.73IL&FS Ltd F1+ 5,000.00Sbi Factors & Com Ser Pvt.Ltd A1+ 5,000.00L & T Finance Ltd PR1+ 4,914.24IDBI Homefinance Ltd A1+ 4,889.59HDFC Limited A1+ 4,856.96Cholamandalam DBS Fin Ltd A1+ 4,837.96Corporate Debt Trust 2008-09 SR 5 AAA SO 4,704.18Indian Corp Loan Sec Trust-SR LXI AAA SO 4,001.94HDFC Limited AAA 3,562.69Corp Loan Sec SR XXIX Trust 2006 P1+ SO 2,585.09Mah & Mah Fin Ser Ltd AA+ 2,541.18Cholamandalam Dbs Fin Ltd LAA 2,520.04Indian Railway Finance Corp AAA 2,500.86Power Finance Corporation AAA 2,438.13Kotak Mahindra Prime Ltd LAA 2,092.65IDFC Ltd LAAA 1,521.81Sundaram Fin Ltd AA+ 1,398.56Indian Retail ABS Trust 85 AAA 1,320.64Power Finance Corporation P1+ 937.49Citifinancial Retail Serv AA+ 499.37DSP Merill Lynch Capital Ltd AA+ 493.77Citifinancial Consumer Limited AA+ 438.64Indian Railway Finance Corp LAAA 206.05Indian Retail ABS Trust 83 LAAA 123.22Rural Electrification Corp. Ltd. AAA 104.75Citicorp Maru Fin Ltd. AA+ 30.17LIC Housing Finance Ltd AAA 19.54GOI 6.96% Oil Bond 2009 SOV 16,038.40T Bill SOV 7,421.75Raymond Ltd. PR1+ 2,893.14Aditya Birla Nuvo Ltd A1+ 2,413.92TOTAL 487,387.15

Asset Allocation

(Rs. In Lacs)

Debt 463,927.00

GOI / T BILL 23,460.15



Rating Profile

(Rs. In Lacs)

AAA/P1+/PR1/A1/SOV/F1+/A1+ SO 458,017.28

AA+ / AA 5,909.72

TOTAL 463,927.00

Fund positioning: To generate reasonable returns alongwith liquidity by investing predominantly in a portfolio of money market and other short term debt instruments.

Fund Manager’s Comments: The average maturity is low at 0.03 years


TATA TREASURY MANAGER FUND

Debt Portfolio as on 28/02/09

Scrip Name Rating Mkt. Value (Rs. Lacs)

UCO Bank P1+ 897.86

IDBI Bank Ltd. A1+ 499.04


State Bank Of Patiala A1+ 299.41

TOTAL 2,195.25

Nav Details

Option NAV as on 28/02/09 (Rs) NAV as on 29/02/08 (Rs)Regular Investment Option (Monthly Dividend) 1002.1978 1002.0000Regular Investment Option (G) 1155.9566 1053.7744High Investment Option (G) 1155.8676 1052.6815Super High Investment Option (G) 1160.9353 1053.6236

Fund Essentials

Date of Allotment: July 13, 2007 Average Maturity: 0.03 yearsMinimum Investment: RIP: Rs. 10,000/-, HIP: Rs. 10 lacs

SHIP: Rs. 1 croreEntry Load NilExit Load 3% if redeemed on or before expiry of

3 months from the date of allotment.

Asset Allocation (Rs. In Lacs)

Debt 2,195.25

Cash, Others 140.83


Rating Profile (Rs. In Lacs)

AAA/P1+/PR1/A1/SOV/F1+/A1+ SO 2,195.25

TOTAL 2,195.25

19

TATA LIQUID FUNDFund positioning: To generate steady income through investments in short dated papers and maintain high liquidity of the portfolio.

Fund Manager’s Comments: The average maturity is low at 1.72 months

NAV Details

Option As On 28/02/09 As On 29/02/08

Regular Investment Option (Fortnightly) 1145.1858 1144.9739

Regular Investment Option (Growth) 2021.1629 1860.6786

High Investment Option (G) 1459.7170 1342.3722

Super High Investment Option (G) 1618.1448 1484.6496

Debt Portfolio as on 28/02/09Scrip Name Rating Mkt. Value

(Rs. Lacs)

Exide Industries Ltd A1+ 2,987.30

State Bank Of Hyderabad A1+ 43,872.19

ICICI Bank Ltd A1+ 43,627.48

Punjab National Bank F1+ 42,487.07

IDBI Bank Ltd. A1+ 40,788.02

NABARD AAA 14,747.79

Allahabad Bank P1+ 13,494.09

AXIS Bank Limited P1+ 11,718.87

State Bank Of Indore Ltd P1+ 11,256.91

State Bank Of Patiala A1+ 10,778.73

State Bank Of India P1+ 9,975.57

State Bank Of Travancore P1+ 9,778.86

Oriental Bank Of Commerce P1+ 8,568.85

YES Bank Ltd. A1+ 7,884.40

Centurion Bank Of Punjab Ltd F1+ 7,882.83

Union Bank Of India AA+ 4,998.05

Indian Overseas Bank A1+ 4,981.52

Canara Bank P1+ 4,908.92

Karnataka Bank Ltd A1+ 2,790.52

IDBI Bank Ltd. P1+ 2,734.68

State Bank Of Mysore A1+ 2,495.38

Vijaya Bank PR1+ 2,491.67

Andhra Bank F1+ 2,448.81

Dena Bank F1+ 2,441.50

IDBI Bank Ltd. AA+ 2,000.00

Punjab National Bank PR1+ 1,468.44

EXIM A1+ 973.05

State Bank Of Bikaner & Jaipur A1+ 599.88

EXIM AAA 385.81

UCO Bank P1+ 229.46

Union Bank Of India A1+ 9.52

Ultratech Cemco Limited AAA 2,496.27

Marico Industries Ltd. P1+ 3,379.35

Global Trade Finance Limited P1+ 19,963.31

Sundaram Fin Ltd LAA+ 15,000.00

LIC Housing Finance Ltd AAA 14,183.85

ICICI Securities Ltd P1+ 10,000.00

Gruh Finance Limited P1+ 9,954.07

HDFC Limited A1+ 9,807.62

HDFC Limited AAA 9,429.60

Power Finance Corporation AAA 5,523.12

Indian Corp Loan Sec Trust-SR LXI AAA SO 5,002.42

Sundaram Fin Ltd A1+ 4,916.00

Cholamandalam DBS Fin Ltd A1+ 4,837.96

Citifinancial Consumer Limited AA+ 2,059.84

ICICI Home Finance Co.Ltd LAAA 1,913.10

Sundaram Fin Ltd AA+ 1,098.87

G. E. Capital Services AAA 359.40

T Bill SOV 1,995.40

Aditya Birla Nuvo Ltd A1+ 2,456.82

TOTAL 440,183.17


Rating ProfileRating Market Value (Rs. in Lacs)

AAA/AAA SO/P1+/A1+/F1+ SOV 415,026.41

AA+ 25,156.77

TOTAL 440,183.17


Benchmark Return (Crisil Liquid Fund Index) Last 1 month 0.66%, Last 6 months 4.89%, Last 1 year* 8.98%, Last 3 years 7.53%,Last 5 years 6.28%, Since Inception - HIP (A) 5.97%, SHIP (A) 5.99% no f igures are available for other periods.

RIP: Regular Investment Plan, HIP: High Investment Plan, SHIP: Super High Investment Plan

*Absolute Returns


Period RIP (A) HIP (A) SHIP (A)

Last 1 Month* 0.50 0.51 0.53

Last 6 Months* 4.23 4.29 4.43

Last 1 Year 8.63 8.74 8.99

Last 3 Years 7.76 7.93 8.12

Last 5 Years 6.63 6.75 6.97

Since Inception 6.93 6.49 6.72

Fund Essentials

Date of Allotment: August 30, 1998 Average Maturity: 1.72 months

Minimum Investment: RIP: Rs. 10,000/-

HIP: Rs. 10 lakhs

SHIP: Rs. 1 crore

Entry Load Nil

Exit Load Nil

Asset Allocation

(Rs. In Lacs)

DEBT 438,187.78

T BILL 1,995.40



20

Fund positioning: A conservatively managed open ended monthly income fund with equity component not exceeding 10% of net assets. (Monthly Income is not assuredand is subject to availability of distributable surplus.)

Total Net Assets as on 28/02/09 (Rs Lacs): 2,133.10

TATA MONTHLY INCOME FUND

Fund Manager’s Comments: We are running conservative positions in corporate bonds as carry trades are attractive in the shor t end.

Rating Profile

Rating Market Value (Rs. in Lacs)

AAA/AAA SO/A1+/P1+ 740.55

TOTAL 740.55

Equity Portfolio as on 28/02/09


Banks 44.24 2.07



Mcleod Russel Ltd. 24.43 1.15

Oil 27.65 1.30

Oil & Natu. Gas Co. 27.65 1.30

Software 35.87 1.68


TOTAL 132.18 6.20NAV Details

Option As On 28/02/09 As On 29/02/08



Quarterly Inome Option 12.0300 12.2585

Past Performance may or may not be sustained in future. Benchmark Return (Crisil MIP Blended) Last 1 year -1.99%, Last 3 years

5.74%, Last 5 years 5.99%, no figures are available for other periods. Dividends assumed to be reinvested. Returns are given for

monthly income option. While calculating returns, dividend distribution tax applicable to individual & HUF category of investors

is included. In case of other category of investors, performance figure will be lower due to higher dividend distribution tax.


Since Inception Last 5years Last 3 years Last 1year

Individual & HUF 8.10 5.52 5.37 3.31

Other than Individual & HUF 7.54 5.24 5.07 3.07

Fund EssentialsDate of Allotment: April 27, 2000

Average Maturity: 2.50 years

Minimum Investment: Monthly Income: Rs 25,000/-, Quarterly Income: Rs 25,000/-, Growth: Rs 10,000/-

Entry Load: Nil.

Exit Load: <= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days from the date of allotment.

For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50% if redeemed on or before expiry of 365 days from

the date of allotment, for amt >= Rs. 1 Cr: Nil.


Scrip Name Rating Mkt. Value (Rs. Lacs)

Karnataka Bank Ltd A1+ 262.06

Power Finance Corporation AAA 276.41

Rural Electrification Corp. Ltd. AAA 202.07

TOTAL 740.55

Dividend History

Dividend % Per unit value (on face value of Rs. 10/-) NAV (Rs.) (Date of Declaration of dividend)

0.47 0.0468 12.0629 (16/11/2007)

0.47 0.0499 12.0828 (17/12/2007)

0.47 0.0468 12.1955 (16/01/2008)

0.47 0.0452 11.9962 (14/02/2008)

0.47 0.0499 11.8730 (17/03/2008)

0.47 0.0452 11.8911 (15/04/2008)

0.47 0.0468 11.9193 (15/05/2008)

0.47 0.0499 11.7853 (16/06/2008)

0.47 0.0515 11.6523 (18/08/2008)

0.36 0.0336 11.6441 (15/09/2008)

0.36 0.0348 11.4095 (14/10/2008)

0.38 0.0187 11.2901 (29/10/2008)

0.44 0.0230 11.3999 (14/11/2008)

0.58 0.0595 12.0040 (15/12/2008)

0.58 0.0595 12.0284 (15/01/2009)

0.36 0.0384 11.8638 (16/02/2009)

The above dividend history is for individual and HUF category. For other than Individual & HUF category, the dividend will be

lower on account of higher distribution tax


Asset Allocation (Rs. In Lacs)

Debt 740.55

Equity 132.18



21

Fund EssentialsDate of Allotment: April 28, 1997 Average Maturity: 4.45 years

Minimum Investment: Half Yearly, Periodic Dividend, Bonus, Growth: Rs 5000/-Quarterly: Rs 25000/-

Entry Load NilExit Load <= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days

from the date of allotment. For amt > Rs. 25 lakhs but < Rs. 1 Cr:0.50% if redeemed on or before expiry of 365 days from the date

of allotment, for amt >= Rs. 1 Cr: Nil.

TATA INCOME FUNDFund positioning: A conservative Income Fund with exposure to high quality corporate debt.

Fund Manager’s Comments: We are positioned at the shor t end of the yield curve as yield levels are attractive in the shor t end.

Past Performance of the Scheme may or may not be sustained in future.Benchmark Return (Crisil Composite BondFund Index)Last 1 year 7.70%, Last 3 years 6.49%, Last 5 years 4.84%, no figures are available for other periods.Returns are given for Growth Option.



9.36 6.07 6.51 6.00

Total Net Assets as on 28/02/09 (Rs Lacs) : 11,998.22 Debt Portfolio as on 28/02/09Scrip Name Rating Mkt. Value

(Rs. Lacs)


UCO Bank P1+ 99.76

Indian Railway Finance Corp AAA 504.15

GOI - 7.94% (24-05-2021) SOV 1,629.75

GOI - 7.95% (28-8-2032) SOV 1,040.00

GOI 8.24% (22/04/2018) SOV 565.00

TOTAL 4,332.02

TATA SHORT TERM BOND FUNDFund positioning: Investment in high quality portfolio to generate returns with low volatility.


NAV Details

Option As On 28/02/09 As On 29/02/08

Regular Income 11.9747 11.2854Appreciation 16.3085 14.5577

Past Performance may or may not be sustained in future. Benchmark Returns (Crisil Short Term Bond Fund Index) Last 1 year 10.38%,

Last 3 years 8.11%, Last 5 years 6.35%, Since Inception 6.23%. The returns are given for Appreciation Option.


Since Inception Last 5 years Last 3 year Last 1 years

7.74 7.99 9.59 12.03

Fund Essentials

Date of Allotment: August 08, 2002 Average Maturity 0.83 years

Minimum Investment: Dividend Option: Rs. 10,000/-

Growth Option: Rs10,000/-

Entry Load Nil

Exit Load Nil

Asset Allocation(Rs. In Lacs)

DEBT 14,109.88Cash, Others 12,443.25Total Net Assets 26,553.13

Dividend History


Quarterly Income Option2.25% 0.1775 10.5918 (17/06/2003)2.25% 0.2219 10.7124 (16/09/2003)1.50% 0.1496 10.5923 (16/12/2003)1.50% 0.1512 10.5156 (17/03/2004)1.25% 0.1205 10.3208 (14/06/2004)0.78% 0.0780 10.1735 (13/09/2004)0.44% 0.0436 10.0858 (13/12/2004)0.88% 0.0911 10.1655 (17/03/2005)1.10% 0.1094 10.1867 (16/06/2005)1.10% 0.1105 10.1892 (16/09/2005)1.10% 0.1069 10.8462 (16/12/2005)2.50% 0.1973 10.7645 (19/03/2008)

Half Yearly Income Option3.50% 0.3625 10.5993 (19/03/2003)4.63% 0.4511 11.0691 (16/09/2003)3.00% 0.3008 10.8011 (17/03/2004)1.77% 0.1735 10.4259 (13/09/2004)1.77% 0.1822 10.3628 (18/03/2005)2.21% 0.2211 10.4147 (20/09/2005)


NAV DetailsOption As On 28/02/09 As On 29/02/08Quarterly Income Option 10.6886 10.7278Half Yearly Income Option 11.4270 11.4501Periodic Dividend Option 16.7270 15.7798Growth Option 28.8535 27.2210Bonus Option 14.4413 13.6219


GOI 3,234.75Debt 1,097.27Cash, Others 7,666.20


Rating ProfileRating (Rs. In Lacs)AAA/AAA SO/F1+/SOV 4,332.02TOTAL 4,332.02

Rating ProfileRating Market Value

(Rs. in Lacs)

AAA/AAA SO/A1+/P1+/F1+ 14,109.88

TOTAL 14,109.88


Scrip Name Rating Mkt. Value(Rs. Lacs)

Allahabad Bank A1+ 2,434.71Syndicate Bank PR1+ 2,427.93Bank Of Baroda P1+ 1,466.08Oriental Bank Of Commerce P1+ 1,445.08Punjab National Bank F1+ 592.03NABARD AAA 513.75EXIM AAA 512.34Union Bank Of India A1+ 476.18Indian Railway Finance Corp LAAA 1,542.24Rural Electrification Corp. Ltd. AAA 1,107.19Power Finance Corporation AAA 1,088.19Indian Railway Finance Corp AAA 504.15TOTAL 14,109.88

22

Fund positioning: Invests in credit risk free Government securities to generate returns through accrual income and interest rate volatility.

Fund Manager’s Comments: We are running a maturity of 15.30 years


Average Maturity

Tata Gilt Securities Fund 15.30 years

Tata Gilt Short Maturity Plan 3.12 years

Past Performance of the Scheme may or may not be sustained in future. Returns are given for Normal Appreciation Option. BenchmarkReturn (I-Sec Composite Index) Last 1 year 13.87%, Last 3 years 9.72%, Last 5 years 6.91% no figures are available for other periods.



11.16 4.52 7.20 7.40 Rating Profile (Short Maturity)(Rs. In Lacs)

SOV 12,462.46

TOTAL 12,462.46

Rating Profile (Long Term)(Rs. In Lacs)

SOV 30,340.65

TOTAL 30,340.65

Asset Allocation (Long Term)(Rs. In Lacs)

GOI 30,340.65



Debt Portfolio as on 28/02/09Scrip Name Rating Mkt. Value (Rs. Lacs)

LONG TERM PLAN

GOI - 7.95% (28-8-2032) SOV 13,520.00GOI - 7.46% (28-8-2017) SOV 3,694.25GOI - 7.94% (24-05-2021) SOV 3,259.50GOI - 8.33% (07/06/2036) SOV 3,228.00GOI 8.24% (22/04/2018) SOV 2,825.00GOI 6.83% (19/01/2039) SOV 2,738.40GOI 7.99% (09/07/2017) SOV 1,075.50TOTAL 30,340.65

SHORT MATURITY FUND

GOI - 7.46% (28-8-2017) SOV 5,805.25GOI 8.24% (22/04/2018) SOV 2,260.00GOI 7.56% (03/11/2014) SOV 1,619.25GOI 7.99% (09/07/2017) SOV 1,613.25GOI - 11.30% (28-7-2010) SOV 1,086.70GOI - 7.55% (14-5-2010) SOV 78.01TOTAL 12,462.46

Asset Allocation (Short Maturity)(Rs. In Lacs)

GOI 12,462.46



NAV DetailsOption As On 28/02/09 As On 29/02/08

Normal Option (Growth) 27.2956 25.4148

High Investment Option (Growth) 16.7231 15.5709

Short Term (Growth) 14.6616 13.0003

Fund EssentialsDate of Allotment: September 06, 1999Minimum Investment: Regular Plan, Short Maturity Plan: Rs. 10,000/-

High Investment Plan: Rs. 50,000/-Retirement Planning Series: Rs. 50,000/-

Entry Load NilExit Load Regular, Short Maturity: Nil

High Investment Plan: 1% if redeemed within 365 days.Retirement Planning Series: 0.5% if redeemed within 180 days.

TATA FLOATING RATE FUND (SHORT TERM)

Total Net Assets as on 28/02/09 (Rs Lacs) : 17,970.62 Debt Portfolio as on 28/02/09

Scrip Name Rating Mkt. Value(Rs. Lacs)

ICICI Bank Ltd A1+ 3,888.76

Punjab National Bank F1+ 2,498.01

EXIM AAA 1,964.80

Indian Bank F1+ 1,494.93

Vijaya Bank PR1+ 996.72

AXIS Bank Limited P1+ 982.77

Centurion Bank Of Punjab Ltd F1+ 898.04

UCO Bank P1+ 369.13

National Housing Bank AAA 283.35

Karnataka Bank Ltd A1+ 213.53

Oriental Bank Of Commerce P1+ 99.64

Kotak Mahindra Prime Ltd LAA 398.60

ICICI Home Finance Co.Ltd A1+ 378.86

G. E. Capital Services AAA 239.60

TOTAL 14,706.74

NAV Details

Option As On 28/02/09 As On 29/02/08

Short Term (Growth) 14.0985 12.9157

Past Performance may or may not be sustained in future. Benchmark Returns (Crisil Liquid Fund Index) Last 1 year 8.98%,

Last 3 years 7.53%, Last 5 years 6.28%, Since Inception 6.20%. The returns are given for Appreciation Option.


Since Inception Last 5 years Last 3 years Last 1 year

6.84 6.94 8.12 9.16

Fund Essentials

Date of Allotment: December 22, 2003 Average Maturity : 0.08 years

Minimum Investment: Long Term & Short Term: Rs 10000/-

Institutional Plan: Rs. 1 Crore.

Entry Load Nil

Exit Load Nil

Fund positioning:To generate regular income through investments in a portfolio comprising of floating rate debt / money market instruments and short term fixed rate instruments.

Fund Manager’s Comments: Predominantly investing in papers having daily mibor reset, CP, CD, Floating rate papers.

Rating ProfileRating Market Value

(Rs. in Lacs)AAA/A1+/P1+ 14,308.14AA+/AA 398.60

TOTAL 14,706.74

Asset Allocation

(Rs. In Lacs)

DEBT 14,706.74



TATA GILT SECURITIES FUND

23

Fund positioning: An open ended Income fund which seeks to generate returns through investments in high quality debt and equity (up to 20%)(Monthly Income is not assured and is subject to availability of distributable surplus.)


TATA MIP PLUS FUND

NAV Details

Option As On 28/02/09 As On 29/02/08

Monthly Income Option 9.9752 10.8588

Quarterly Income Option 9.8883 10.8820

Half Yearly Option 10.3906 11.4122


Equity Portfolio as on 28/02/09

Scrip Name Mkt. Value % To Net Assets

(Rs. Lacs)

Banks 130.07 3.82






Software 98.50 2.90


TOTAL 490.26 14.41

Past Performance may or may not be sustained in future. Benchmark Return (Crisil MIP Blended) Last 1 year -1.99%,

Last 3 years 5.74%,Since Inception 6.00%. Returns are given for growth option.



4.84 3.48 -4.93



0.4745 0.0499 10.9981 (16/10/2007)

0.4745 0.0468 11.1391 (16/11/2007)

0.4745 0.0499 11.2801 (17/12/2007)

0.4745 0.0468 11.3933 (16/01/2008)

0.4970 0.0452 10.9610 (14/02/2008)

0.4745 0.0499 10.5319 (17/03/2008)

0.4745 0.0452 10.5667 (15/04/2008)

0.4745 0.0468 10.6638 (15/05/2008)

0.4745 0.0499 10.4105 (17/06/2008)

0.4745 0.515 10.3218 (18/08/2008)

0.3650 0.0336 10.1044 (15/09/2008)

0.3650 0.0372 10.0786 (15/01/2009)

Fund EssentialsDate of Allotment : March 19, 2004

Average Maturity : 8.72 years

Minimum Investment : Monthly Income: Rs. 25,000/-, Quarterly,Half Yearly: Rs. 10,000/-, Growth Option: Rs. 5,000/-

Entry Load : Nil

Exit Load : For amt <= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days from the date of allotment.

For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50% if redeemed on or before expiry of 365 days from the

date of allotment, for amt >= Rs. 1 Cr: Nil.


Debt 1,357.58

GOI 538.00

Equity 490.26



Rating ProfileRating Market Value (Rs. in Lacs)

AAA SO/ AAA/A1+/P1+/F1+/SOV 1,507.31

AA+ 388.27

TOTAL 1,895.58


Scrip Name Rating Mkt. Value

(Rs. Lacs)

Mahindra & Mahindra Ltd. LAA+ 388.27

ICICI Bank Ltd A1+ 498.25

Power Finance Corporation AAA 276.41

Rural Electrification Corp. Ltd. AAA 194.65

GOI - 8.33% (07/06/2036) SOV 538.00

TOTAL 1,895.58

SCHEMES AT A GLANCE

NAV determination

Assets under management as on 28th February, 2009(Rs. in lacs)

Date of Initial Allotment

Nature & Structure of Scheme

Investment Objective

Investment Plans / Options

Entry Load(other than in SIP)

Minimum AdditionalInvestment

Minimum Investment

Exit Load(other than in SIP)

Tata Pure Equity Fund(TPEF)

May 7, 1998

All Business Days

An open ended equity fund with a m e d i u m t e r m i n v e s t m e n t philosophy and is focused on buying into fundamental ly undervalued companies through a process of rigorous research

To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation.

Dividend Option and Growth Option

For investment amount lessthan Rs.2 crore: 2.25%. For investment amount greater than or equal to Rs.2 crore: NIL. No entry load will be charged on investment made by the fund of fund scheme

Rs.1000/- and in multiples of Re. 1/- thereafter.

For fresh investment: Rs. 5000/- and in multiples of Re. 1/- thereafter.

23,614.51

Tata Equity Opportunities Fund (TEOF)

February 25, 1993

All Business Days

An open ended equity fund focused on capital ising on opportunities offered by the equity markets from time to time with a proactive fund management strategy and an aim to book profits once the target appreciation in prices has been obtained.

To provide income distribution and / or medium to long term capital g a i n s w h i l e a t a l l t i m e s emphasising the importance of capital appreciation.


For investment amount less than Rs.2 crore: 2.25%. For investment amount greater than or equal to Rs.2 crore: NIL. No entry load will be charged on investment made by the fund of fund scheme

Rs.1000/- and in multiples of Re. 1/- thereafter.


25,415.83

Tata Select Equity Fund(TSEF)

May 24, 1996

All Business Days

An open ended equity scheme that aims to invest predominantly in growing basic sectors with a top-down approach, focusing on a few select broad sectors at any point of time



For Investment amount >= Rs. 2 crore : Nil. For Investment amount < Rs. 2 crore: 2.25%No entry load will be charged on investment made by the fund of fund scheme

>= Rs. 2 Cr: Nil, < Rs. 2 Cr: 1%, if redeemed within 6 months from date of allotment.

Rs.1000/- and in multiples of Re.1/- thereafter.


6,535.42

July 2, 1999

An open ended equity scheme which aims to invest in fast growing, intellectual property driven new economy sectors which have the potential of creating long term value.


For Investment amount less than Rs. 2 crores : 2.25%. For Investment amount greater than or equal to Rs. 2 crores : NIL. No entry load will be charged on investment made by the fund of fund scheme.

>= Rs. 2 Crs: Nil, < Rs. 2 Crs: 1%, if redeemed within 6 months from date of allotment.

For fresh investment: Rs. 5000/- and in multiples of Re. 1/-thereafter.

Rs. 1000/- and in multiples ofRe. 1/- thereafter.

All Business Days

Tata Life Sciences & Technology Fund (TLSTF)

2,290.09


Particulars

< Rs. 2 crores: 1% if redeemed on or before expiry of six months from the date of allotment; >=Rs. 2 crores: NIL

< Rs. 2 crore: 1% if redeemed on or before expiry of six months from the date of allotment; >=Rs. 2 crore: NIL

24

As per SEBI circular dated 31.12.2007 no entry load shall be charged for direct purchase/switch in applications accepted by the AMC.


An open ended equity fund that invests at least 70% of its assets in shares with high dividend yields.

To p r o v i d e i n c o m e distribution and / or medium to long term capital gains by investing predominantly in high dividend yield stocks.

Nil.

For Investment amount < Rs. 2 crores:2.25%. For each investment amount >= Rs. 2 crore : Nil

Rs. 1000/- and in multiples of Re. 1/- thereafter.

NAV determination

Assets under management as on 28th Feb., 2009(Rs. in lacs)

Particulars







Minimum Investment


Tata Tax Saving Fund (TTSF)

March 31, 1996

All Business Days

Rs. 500/- and in multiples ofRs. 500/- thereafter.

For fresh investment: Rs. 500/- and in multiples of Rs. 500/- thereafter.

Dividend Option

<Rs. 2 crores:2.25%,>= Rs. 2 crores:Nil

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the impor tance of cap i ta l appreciation.

An open ended equity linked tax saving scheme (ELSS) for residents with a lock-in period of 3 years

Nil

8,838.03

Tata Growth Fund(TGF)

July 1, 1994

All Business Days



Dividend Option, Bonus Option and Growth Option

For investment amount > = Rs 5 crores or more: Nil. For investment amount < Rs 5 crores : 2.25%. No entry load will be charged on investment made by the Fund of Fund scheme.

To p r o v i d e i n c o m e distr ibut ion and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation.

An open ended equity fund investing in equity and equity related instruments of well researched growth oriented companies.

3,347.26

Tata Equity P/E Fund (TEPEF)

June 29, 2004

An open ended equity scheme. The fund aims to i den t i f y unde rva lued companies whose rolling P/E ratio are less than that of the BSE sensex

The investment objective of the scheme will be to provide reasonable and regular income along with possible capital appreciation to its Unitholder.

Entry Load: For Each Investment amount < Rs. 2 C r o r e s - 2 . 2 5 % . For Each Investment amount >= Rs. 2 crore - Nil

Fo r each inves tment amount less than Rs. 2 crores: 1% if redeemed on or before expiry of 6 months from the date of allotment. Fo r each inves tment amount greater than or equal to Rs. 2 crores: NIL.

Nil


For fresh investment:Rs. 5000/- and in multiples of Re. 1/- thereafter.


All Business Days

8,478.16

Tata Dividend Yield Fund (TDYF)

Tata Equity Management Fund(TEMF)

November 22, 2004


All Business Days

7,182.35

SCHEMES AT A GLANCE

25


To g e n e r a t e c a p i t a l appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related instruments and the secondary objective is to generate consistent returns by investing in debt and money market securities.

An open-ended equity Fund with the flexibility to invest in a wide range of companies w i t h a n o b j e c t i v e t o maximize the returns, at the same time trying to minimize the risk by reasonable diversification and using d e r i v a t i v e a s a r i s k management tool.

Dividend option and growth option

Nil.

July 07, 2006

2.25% for each investment amount less than Rs 2 c r o r e s . N i l f o r e a c h investment amount equal to or more than Rs 2 crores.

Rs 5000/- and in multiples of Re 1/- thereafter.

All Business Days


13,730.86

NAV determination

Assets under management as on 28th Feb., 2009(Rs. in lacs)

Particulars







Minimum Investment



Tata Service Industries Fund(TSIF)

An open ended equity fund that invests at least 70% of its assets in equity/equity related instruments of companies in services sector.

April 05, 2005

To p r o v i d e i n c o m e distribution and/or medium to long term capital gains by investing predominantly in equi ty / equi ty re la ted instruments of companies in services sector.


>= Rs. 2 Crs: Nil, < Rs. 2 Crs: 1%, if redeemed within 6 months f rom da te o f allotment.



All Business Days

7,136.63


Tata Mid Cap Fund(TMCF)

An open ended equity fund that invests at least 65% of its assets in equity/equity related instruments of Mid Cap companies.

June 29, 2005

To p r o v i d e i n c o m e distribution and/or medium to long term capital gains by investing predominantly in equi ty / equi ty re lated instruments of Mid Cap companies.

Nil.




All Business Days

5,125.31

Tata Index Fund(TIXF)

For fresh investment: Opt ion A: Rs. 5000/ - and in multiples of Re. 1/- thereafter.

An open ended index linked equity fund. The scheme is a Passively managed scheme investing mainly in equity shares o f on ly those companies comprised in the S & P C N X N i f t y Index/SENSEX as may be defined from time to time

An open ended Equity Fund which has a contrarian i n v e s t m e n t s t r a t e g y. Contrarian investing refers to buying into fundamentally sound scrips that have been overlooked by the market and waiting for the market to give these stocks their real value in course of time.

To reflect / mirror the market returns with a minimum tracking error.

To p r o v i d e i n c o m e distribution and/or medium to long term capital gains w h i l e a t a l l t i m e s emphasising the importance of capital appreciation

Option A: NilOption B: Nil

Option A: SENSEX Planand Nifty Plan

Dividend option and growth option

All Business Days

Option A: Rs. 1000/- and in multiples of Re. 1/-.

987.24

Nil.

December 31, 2004

An open ended equity fund that invests atleast 70% of its assets in equity / equity re la ted ins t rument o f companies in infrastructure sector.

To p r o v i d e i n c o m e distribution and / or medium to long term capital gains by investing predominantly in e q u i t y / e q u i t y r e l a t e d i n s t r u m e n t s o f t h e c o m p a n i e s i n t h e infrastructure sector.

All Business Days

Tata Infrastructure Fund

Under each option minimum investment Rs. 5,000/- and in mult iples of Re.1/- thereafter.

Rs 1000/- and in multiples of Re 1/- thereafter

135,587.22

For investment amount less than Rs.2 crore: 2.25%. For investment amount greater than or equal to Rs.2 crore: NIL.


< Rs. 2 crores: 1% if redeemed on or before expiry of six months from the date of allotment; >=Rs. 2 crores: NIL

Tata Contra Fund

February 25, 2003November 14, 2005


All Business Days


6,545.35

SCHEMES AT A GLANCE

26


Nil.

Option A: 1% if redeemed on or before expiry of 365 days from the date of allotment.

Option B: 0.25% if redeemed on or before expiry of 90 days from the date of allotment.

Tata Young Citizens' Fund (TYCF)

October 14, 1995

An open ended balanced scheme (with neither the debt or equity allocation exceeding 50% at any point of time) exclusively for children between 3 months and18 years of age, aimed at helping parents / guardians / well-wishers to save for growing childrens' needs.

To provide long term capital growth a long w i th s teady cap i ta l appreciation to its unitholders, while at all times emphasizing the importance of capital preservation.

Compulsory Lock-in Option: 2.5%.

Anytime Exit Option: Entry Load- 2.5%.

Growth

For fresh investment: Rs. 500/- and in multiples of Rs. 500/- thereafter.

All Business Days

Rs. 500/- and in multiples ofRs. 500/- thereafter.

Compulsory Lock-in Option: 3% if redeemed on or before expiry of 3 years from the date of allotment. (This load will be applicable when the lock-in period expires before 3 years from the date of allotment). Anytime Exit Option: If child attains majority after 7 years from the date of allotment: If redeemed on or before expiry of 3 years from the date of allotment: 3% If redeemed after 3 years but on or before 7 years from the date of allotment: 2% If redeemed after 7 years but before child attains majority: 1% No load after the child attains majority If child attains majority before 7 years from the date of allotment: If redeemed on or before expiry of 3 years from the date of allotment: 3% If redeemed after 3 years but on or before 7 years from the date of allotment: 2% If redeemed after 7 years: Nil.

12,509.81

Tata Balanced Fund(TBF)

October 8, 1995

An open ended balanced fund with an aim to provide a balanced exposure to both equities and debt and having a buy-sell discipline to change the asset allocation dynamics in tune with market conditions


For Investment amount less than Rs. 2 crores : 2.25%; For each investment amount equal to or more than Rs. 2 crores : Nil

>= Rs. 2 Crs: Nil, < Rs. 2 Crs: 1%, if redeemed within 6 months from date of allotment.

Dividend Option and GrowthOption

All Business Days

Rs. 1000/- and in multiples ofRe. 1/- thereafter.

15,750.32


NAV determination


Particulars







Minimum Investment


Tata Floater Fund(TFF)

September 06, 2005

An open ended debt scheme investing in good quality floating rate debt instruments, money market instruments and in fixed rate debt instruments, which can also be swapped for floating rate returns.

To generate stable returns with a low interest rate risk strategy by creating a portfolio that is predominantly invested in good qua l i t y f loa t ing ra te deb t instruments, money market instruments and in fixed rate debt instruments, which can also be swapped for floating rate returns.

For each investment amount upto and equal to Rs 5 lacs - 0.5%, For each investment amount aboveRs 5 lacs Nil.

For amt < Rs. 5 Lakhs: 0.50% if redeemed before expiry of 30 days from the date of allotment. For amt >= Rs. 5 Lakhs: Nil.

August 30, 1998

An open ended high liquidity i ncome scheme a imed a t generating reasonable returns and h igh l iqu id i ty w i th cap i ta l preservation through investments in fixed income (or money market instruments) issued by highly rated Corporate borrowers.

To create a highly liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and high liquidity to the Unitholders.

Nil

Regular Income Plan(RIP): Offers Daily/Fortnightly Dividends & Growth Option. High Investment Plan (HIP): Offers Daily / Weekly / Monthly Dividends & Growth Option Super High Investment Plan (SHIP) :Offers Daily / Weekly / Monthly Dividends and Growth Option.

All Days

Tata Liquid Fund(TLF)

RIP: Rs. 10,000/- and in multiples of Re. 1/- thereafter. HIP: Rs. 10 lakhs and in multiples of Re. 1/- thereafter. SHIP: Rs. 1 crores and in multiples of Re. 1/- thereafter.

RIP: Rs. 10,000/- and in multiples of Re. 1/- thereafter. HIP: Rs. 1 lac and in multiples of Re. 1/- thereafter. SHIP: Rs. 1 lac and in multiples of Re. 1/- thereafter.

Nil

498,185.75

Growth and DividendOption.

Minimum Application Rs. 10,000 and in multiples of Re.1 thereafter

Rs.1,000/- and in multiples ofRe. 1/-.

All Business Days

612,165.96

SCHEMES AT A GLANCE

27


NAV determination


Particulars







Minimum Investment


Tata MonthlyIncome Fund (TMIF) (An open ended fund. Monthlyincome is not assured and issubject to the availabilityof distributable surplus)

April 27, 2000

An open ended income fund with no assured returns that primarily invests in debt securities with a small percentage (upto 10% of net assets) in equities with an aim to provide regular income and / or capital appreciation

To provide reasonable and regular income along with possible capital appreciation to its Unitholder.

Nil

Monthly Income / Quarterly Income / Growth Options

Monthly Income and Quarterly Income:Rs. 25000/- and in multiples of Re. 1/- thereafter.Growth Option: Rs. 10000/- and in multiples of Re. 1/- thereafter.

Monthly Income and Quarterly Income: Rs. 5000/- and in multiples of Re. 1/- thereafter..Growth Option: Rs. 1000/- and in multiples of Re. 1/- thereafter.

All Business Days

2,133.10

<= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days from the date of allotment. For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50% if redeemed on or before expiry of 365 days from the date of allotment, for amt >= Rs. 1 Cr: Nil.

Tata Income Fund(TIF)

April 28, 1997

An open ended debt scheme investing in high quality fixed income securities

To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of safety and capital appreciation.

Nil

Half Yearly Dividend / Quarterly Dividend / Periodic Dividend / Appreciation Option - Growth / Appreciation Option - Bonus

Half Yearly, Periodic Dividend, Bonus and Growth: Rs. 5000/- and in multiples of Re. 1/- thereafter. Quarterly Dividend Option: Rs. 25000/- and in multiples of Re. 1/- thereafter.

Half Yearly, Periodic Dividend, Bonus and Growth: Rs. 1000/- and in multiples of Re. 1/- thereafter. Quarterly Dividend Option: Rs. 5000/- and in multiples of Re. 1/- thereafter.

All Business Days

11,998.22

Tata Gilt Securities Fund (TGSF)

September 6, 1999

An open ended dedicated Gilt Securities Fund which invests only in government securities thereby providing freedom from credit risk, while providing a high level of liquidity and safety to suit both long term and short term needs.

To generate risk- free return and thus provide medium to long term capital gains and income distribution to its Unitholders, while at all times emphasising the i m p o r t a n c e o f c a p i t a l preservation.

For all Plans: Nil

Regular Plan: Nil. Short Maturity: Nil. High Investment Plan: 1% if redeemed within 365 days. Retirement Planning Series: 0.50% if redeemed within 180 days.

Regular Plan / Short Maturity Plan / High Investment Plan / Retirement Planning Series. Under Each Plan there is Dividend / Bonus and Growth Options

Regular Plan and Short Maturity Plan: Rs. 10000/- and in multiples of Re. 1/- thereafter. High Investment Plan: Rs. 50000/- and in multiples of Re. 1/- thereafter. Retirement Planning Series: Rs. 50000/- and in multiples of Re. 1/- thereafter.

Rs. 1000/- and in multiples of Re. 1/- thereafter.For HIP - Rs 10,000/- and in muliples of Re 1/- thereafter.

All Business Days

66,094.62

Tata MIP Plus Fund(TMPF) (An open ended income fund. Monthly income is notassured and is subject to theavailability of distributablesurplus)

March 19, 2004

An open ended income scheme with no assured returns that invests upto 20% of its assets in equities with an aim to provide an additional push to the monthly income over a period of time and the balance in quality debt and money market instruments

To provide reasonable and regular income along with possible capital appreciation to its Unitholders.

Nil

Monthly Income / Quarterly Income / Half Yearly Income and Growth

Monthly Income Rs. 25000/- and in multiples of Re. 1/- thereafter. Quarterly Income and Half Yearly Income Rs. 10000/- and in multiples of Re. 1/- thereafter. Growth Option Rs. 5000/- and in multiples of Re. 1/- thereafter.

Monthly Income: Rs. 5000/- and in multiples of Re. 1/- thereafter. Quarterly and Half Yearly Income and Growth: Rs. 1000/- and in multiples of Re. 1/- thereafter.

All Business Days

3,402.40

<= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days from the date of allotment. For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50% if redeemed on or before expiry of 365 days from the date of allotment, for amt >= Rs. 1 Cr: Nil.

For amt <= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days from the date of allotment. For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50% if redeemed on or before expiry of 365 days from the date of allotment, for amt >= Rs. 1 Cr: Nil.

SCHEMES AT A GLANCE

28


NAV determination


Particulars






Minimum Investment


Tata Short Term Bond Fund (TSTBF)

August 8, 2002

An open ended Income scheme with a majority of investments in short term fixed income and money market securities aiming to provide reasonable returns and liquidity in15 days to 6 months horizon.

To create a liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and liquidity to the Unitholders.

Nil


Dividend Option: Rs. 10000/- and in multiples of Re. 1/- thereafter. Growth Option: Rs. 10000/- and in multiples of Re. 1/- thereafter.


All Business Days

26,553.13

Tata Growing Economies InfrastructureFund (TGEIF)

April 10, 2008

An open ended equity scheme with two plans i.e Plan A and Plan B. investing predominantly in equi t ies of companies in infrastructure and other related sectors in the growing economies of the world and in India.

Plan A: To generate capital appreciat ion / income by investing predominantly in equi t ies of companies in infrastructure and other related sectors in the growing economies of the world and in India. The investment focus would be guided by the growth potential and other economic factors of the countries. Atleast 51% of the net assets would be invested in geographies outside India.

Plan B: To generate capital appreciat ion / income by investing predominantly in equi t ies of companies in infrastructure and other related sectors in India and other growing economies of the world. The investment focus would be guided by the growth potential and other economic factors of the countries.

< Rs. 2 crores: 1% if redeemed on or before expiry of 6 months from the date of allotment. >= Rs. 2 crores: NIL.

3% if redeemed on or before expiry of 3 months from the date of allotment.

Dividend option and Growth option

Rs.10,000/- & in multiples of Re.1/- thereafter.

1000/- & in multiples of Re.1/- thereafter

All Business Days*

12,184.34

Tata Treasury Manager Fund

July 13, 2007

An open-ended debt Scheme, investing in Debt and Money Market instruments

The investment objective of the s c h e m e i s t o g e n e r a t e reasonable returns alongwith l i q u i d i t y b y i n v e s t i n g predominantly in a portfolio of money market and other short term debt instruments.

Retail Investment Plan:- Growth Option and Dividend Option (Monthly). High Investment Plan / Super High Investment Plan:- Growth Option and Dividend Option (Daily, Weekly and Monthly)

RIP : Rs. 10,000/- and in multiples of Re. 1/ - thereafter. HIP : Rs. 10 lacs and in multiples of Re. 1/ - thereafter. SHIP : Rs. 1 crore and in multiples of Re. 1/ - thereafter

Re ta i l I nves tmen t P lan : - Rs.10,000/- and in multiple of R e . 1 / - t h e r e a f t e r . H i g h Investment Plan:- Rs.1,00,000/- and in mult iple of Re.1/- t h e r e a f t e r . S u p e r H i g h Investment Plan:- Rs.1,00,000/- and in multiple of Re.1/- thereafter

All Business Days

2,336.08

SCHEMES AT A GLANCE

29

* Since the fund also invests in overseas securities, the NAV of the fund will be based on the prices of overseas securities converted into Indian rupees.For Income / Debt oriented schemes (other than liquid fund category schemes / plans): Subscription / Purchase / Switch-in: (a) For amount less Rs. 1 crore: In respect of application received upto 3 p.m., closing NAV of the day of receipt of application shall be applicable and in respect of application received after 3 p.m. closing NAV of next business day. (b) For amount equal to or more than Rs. 1 crore irrespective of the time of receipt of application, the closing NAV of the day on which the funds are available for utilisation shall be applicable. Redemption: In respect of application received upto 3 p.m., closing NAV of the day of receipt of application shall be applicable and in respect of application received after 3 p.m. closing NAV of next business day. For Liquid fund category schemes (Tata Floating Rate Fund - Short Term Option, Tata Liquid Fund & Tata Liquidity Management Fund): Subscription: For applications received upto 12.00 noon on a day and funds are available for utilization on the same day the closing NAV of the day immediately preceding the day of receipt of application. Applications received after 12.00 noon on a day and funds are available for utilization on the same day the closing NAV of the day immediately preceding the next business day. Redemption: Upto 3.00 pm the closing NAV of the day immediately preceding the next business day. After 3.00 pm the closing NAV of the next business day. Switches: Valid applications for “switch out” shall be treated as redemption and for “switch in” shall be treated as purchases & relevant NAV shall be applicable accordingly.


Tata LiquidityManagement Fund(TLMF)

533.79

March 03, 2006

An open ended liquid scheme, investing predominantly in Money Market instruments / floating rate instruments and other debt instruments.

All Days

To generate reasonable returns alongwith high liquidity and safety by investing in a portfolio of money market and other short term debt instruments


Nil Nil < Rs. 2 crores: 2.25%, >= Rs. 2 crores: NIL.

Nil

Nil

Daily Dividend, Weekly Dividend and Growth options.

Rs. 10,000/- and in multiples of Re. 1/- thereafter.

Rs. 1,000/- and in multiples of Re. 1/- thereafter.

Plan A & B

30

Scheme Name SIP Minimum SIP Minimum SIP Maximum Entry Load Exit Load if redeemed before the specified periodAmount Amount Amount per from the date of allotment

(Monthly) (Quarterly) Installment ** (as a % of Relevant NAV)

Tata Floating Rate Fund(TFRF) -Short Term Option Rs.2,000/- Rs. 3,500/- Rs.1,00,000/- Nil Nil

Tata Young Citizens FundCompulsory Lock-in Option: Rs.500/- Rs.500/- Rs.1,00,000/- 2.5% 3% if redeemed on or before expiry of 3 years from the date of allotment.

(This load will be applicable when the lock-in period expires before 3years from the date of allotment).

Anytime Exit Option: 2.5% If child attains majority after 7 years from the date of allotment: Ifredeemed on or before expiry of 3 years from the date of allotment: 3% Ifredeemed after 3 years but on or before 7 years from the date of allotment:2% If redeemed after 7 years but before child attains majority: 1% No loadafter the child attains majority If child attains majority before 7 years fromthe date of allotment: If redeemed on or before expiry of 3 years from thedate of allotment: 3% If redeemed after 3 years but on or before 7 yearsfrom the date of allotment: 2% If redeemed after 7 years: Nil.

Tata Balanced Fund (TBF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Select Equity Fund (TSEF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Pure Equity Fund (TPEF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Dividend Yield Fund (TDYF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Infrastructure Fund (TISF) Rs.500/- Rs.1,000/- Re 50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Service Industries Fund (TSIF) Rs.500/- Rs.1,000/- Re 50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Mid Cap Fund (TMCF) Rs.500/- Rs.1,000/- Re 50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Contra Fund (TCF) Rs.500/- Rs.1,000/- Re 50,00,000/- Nil Nil

Tata Life Science & Tech Fund (TLSTF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Equity P/E Fund (TEPEF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Equity Opportunities Fund (TEOF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Index Fund (TIXF) - Option A Rs.500/- Rs.1,000/- Rs.50,00,000/- Nil 1% if redeemed on or before expiry of 365 days from the date of allotment.Tata Index Fund (TIXF) - Option B Rs.500/- Rs.1,000/- Rs.50,00,000/- Nil 0.25% if redeemed on or before expiry of 90 days from the date of allotment.

Tata Growth Fund (TGF) Rs.500/- Rs.1,000/- Rs.50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Equity Management Fund (TEMF) Rs.500/- Rs.1,000/- Re 50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,If redeemed after 24 months: Nil.

Tata Growing Economies Rs.500/- Rs.1,000/- Re 50,00,000/- 2.25%^ If redeemed on or before expiry of 24 months: 1.00%^,Infrastructure Fund (TGEIF) If redeemed after 24 months: Nil.

Tata Tax Saving Fund (TTSF) Rs.500/- Rs.500/- Rs.1,00,000/- 2.25% Compulsory lock-in for 3 years.

Tata Income Fund (TIF) : Nil <= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days from theQuarterly Dividend date of allotment. For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50% if redeemedHalf-Yearly Dividend, on or before expiry of 365 days from the date of allotment, for amt >= Rs. 1Periodic Dividend, Rs.5,000/- Rs.8,500/- Rs.1,00,000/- Cr: Nil.Bonus & Growth Option Rs.1,000/- Rs.2,000/- Rs.1,00,000/- Nil

Tata Gilt Securities Fund (TGSF) Rs.2,000/- Rs.3,500/- Rs.1,00,000/- Nil No Exit loadTata Gilt Short Maturity Fund (TGSMF) Rs.2,000/- Rs.3,500/- Rs.1,00,000/- Nil No Exit load

Tata Gilt Securities Fund Rs.10,000/- Rs.17,000/- Rs.1,00,000/- Nil If redeemed on or before expiry of 365 days - 1%,High Investment Plan If redeemed after 365 days Nil

Tata Gilt Securities Fund Rs.10,000/- Rs.17,000/-. Rs.1,00,000/- Nil If redeemed on or before expiry of 180 days - 0.50%,Retirement Planning Series. If redeemed after 180 days Nil

Tata Short Term Bond Fund (TSTBF) Rs.2,000/- Rs.3,500/- Rs.1,00,000/- Nil NilTata Income Plus Fund (TIPF)Option A Rs.1,000/- Rs.2,000/- Rs.1,00,000/- Nil If redeemed on or before expiry of 3 months - 0.50%

Tata Income Plus Fund -Option B Rs. 20,000/- Rs.35,000/- Rs.1,00,000/- Nil If redeemed on or before expiry of 3 months - 0.50%

Tata Dynamic Bond Fund Rs.1,000/- Rs.2,000/- Rs.1,00,000/- Nil 0.50% if redeemed on or before expiry of(TDBF) Plan A 30 days from the date of allotment

Tata Dynamic Bond Fund Rs.20,000/- Rs. 35,000/- Rs.1,00,000/- Nil 0.50% if redeemed on or before expiry of

(TDBF) Plan B 30 days from the date of allotment

Tata Floating Rate Fund - Rs.2,000/- Rs. 3,500/- Rs.1,00,000/- Nil 0.50% if redeemed before 3 months from the date of allotmentLong Term Option

Tata Monthly Income (TMIF)An open ended income fund.monthly income is not assured Nil <= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 days fromand is subject to the availability the date of allotment. For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50% ifof distributable surplus redeemed on or before expiry of 365 days from the date of allotment,Fund Monthly, Quarterly for amt >= Rs. 1 Cr: Nil.Dividend Option Rs.5,000/- Rs.8,500/- Rs.1,00,000/-Growth Option Rs.2,000/- Rs.3,500/- Rs.1,00,000/-

Tata MIP Plus Fund (TMPF)An open ended income fund. Nil For amt <= Rs. 25 lakhs: 1% if redeemed on or before expiry of 365 daysmonthly income is not assured from the date of allotment. For amt > Rs. 25 lakhs but < Rs. 1 Cr: 0.50%and is subject to the availability if redeemed on or before expiry of 365 days from the date of allotment,of distributable surplus for amt >= Rs. 1 Cr: Nil.Growth Rs.1,000/- Rs.2,000/- Rs.1,00,000/-Monthly Dividend Rs.5,000/- Rs.8,500/- Rs.1,00,000/-Quarter & Half-Yearly Dividend Rs.2,000/- Rs.3,500/- Rs.1,00,000/-

Systematic Investment Plan

Notes: (1) For all schemes, for monthly SIP, minimum instalment is 12 and for quarterly SIP, minimum instalment is 6.RIP – Retail Investment Plan, HIP – High Investment Plan, SHIP – Super High Investment Plan (*) Subject to lock-in as per the terms of the scheme. (**)AMC reserves the right to change the above terms prospectivelywithout prior notice. ^ The above load structure would be applicable for SIP amount upto Rs 50 Lakhs per installment. For SIP installment above Rs 50 Lakhs the prevailing load structure for investment other than SIP will be applicable.

Disclosures: Cash and others includes Bank Balances, Call Money, Receivables, Residual holdings, etc. Statutory Details: Constitution: Tata Mutual Fund has been

set up as a trust under the Indian Trust Act, 1882. Sponsors and Settlors: Tata Sons Ltd., Tata Investment Corporation Ltd. Risk Factors: l Mutual Fund and securities

investments are subject to market risks and there can be no assurance and no guarantee that the schemes will achieve their objectives. l As with any investment in

stocks, shares and securities the NAV of the units under the schemes can go up or down, depending upon the factors and forces affecting the capital market. l Past

performance of the previous Schemes, the Sponsors or its Group affiliates is not indicative of and does not guarantee the future performance of the Schemes. l Tata

Income Plus Fund, Tata Balanced Fund, Tata Young Citizens’ Fund, Tata Tax Saving Fund, Tata Select Equity Fund, Tata Income Fund, Tata Pure Equity Fund, Tata Life

Sciences & Technology Fund, Tata Equity Management Fund, Tata Liquid Fund, Tata Gilt Securities Fund, Tata Short Term Bond Fund, Tata Monthly Income Fund, Tata

Index Fund, Tata Equity Opportunities Fund, Tata Dynamic Bond Fund, Tata Floating Rate Fund, Tata MIP Plus Fund, Tata Growth Fund, Tata Equity P/E Fund, Tata Fixed

Horizon Fund, Tata Treasury Manager Fund, Tata Dividend Yield Fund, Tata Infrastructure Fund, Tata Service Industries Fund, Tata Mid Cap Fund, Tata Floater Fund, Tata

Contra Fund, Tata Liquidity Management Fund are only the names of the Schemes and do not in any manner indicate either the quality of the Schemes, its future

prospects or the returns.l The sponsors are not responsible or liable for any loss resulting from the operations of the scheme beyond the initial contribution of Rs.1

lac made by them towards setting up the Mutual Fund. l Investment in fixed income securities are subject to interest rate risk, credit risk and liquidity risk. l Pursuant

to allotment of bonus units the NAV of the schemes would fall in proportion to the bonus allotted and as a result the total value of units held by the investor would

remain same. l Tata Infrastructure Fund - The scheme being sector specific will be affected by risks associated with the Infrastructure Sector. l Tata Index Fund -

Tracking error: Tracking errors are inherent in any index fund and such errors may cause the scheme to generate returns which are not in line with the performance of

the index or one or more securities covered by / included in index. l Tata Floating Rate Fund / Tata Floater Fund - Investment in floating rate debt instrument is subject

to Basis Risk and Spread Risk. l In case of downward movement of interest rates floating rate debt instruments will give a lower return than fixed rate debt

instruments. l For scheme specific risk factors and other details please read the offer documents carefully before investing.

Investment Manager: TATA ASSET MANAGEMENT LTD. Trustee: TATA TRUSTEE COMPANY PVT. LTD.

E-mail: [email protected] Website: www.tatamutualfund.com

Karvy Computershare (P) Ltd: Contact : 1-800-425-4034 (For Tata Contra Fund & Tata Service Industries Fund Only)

Computer Age Management Services (P) Ltd: Contact : 1-800-425-2267

BRANCH CONTACT DETAILSfree at : 1800-209-0101 SMS: ‘TMF’ to 57575

West Zone: Mumbai: Tata Asset Management Ltd., Mulla House, Ground Floor, 51, M.G. Road, Near Flora Fountain, Mumbai - 400 001. Tel.: 022-66315191/92/93, Fax: 022- 66315194. Borivali: Ground Floor, Shop No. 8, Victor Park, Behind Indryani Saree Shop, Chandarvarkar Road, Borivali (West), Mumbai - 400 092. Tel.: 022-65278852.Ahmedabad: 402, ‘Megha House’, Mithakhali - Law Garden Road, Netaji Marg, Ahmedabad - 380 006. Tel.: 079- 6541 8989/ 6544 7799. Fax: 079-2646 6080. Pune: Tata Asset Management Ltd., Office No. 105, D-Gold House, Near Hotel Sheetal, Dnyaneshwar Paduka Chowk, F. C. Road, Shivajinagar, Pune - 411 004. Tel.: 020-30288775/64005932, Telefax:- 30288776. Surat: 421, Jolly Plaza, Near Collector Office, Next to G.P. College, Athwa Gate, Surat - 395 001. Tel.: 0261-6554418 / 19, Fax: 0261-2470326. Vadodara: 202- 203 Madhav Complex, RC Dutt Road,GEB Circle, Alkapuri, Vadodara - 390 007. Tel.: 0265-6641888/2356114, Fax: 0265-6641999. Rajkot: Arhant Plaza , 201, 2nd Floor, Subhas Road, Near Moti Taki, Rajkot - 360001. Tel.: 0281-6624848/6544949. Indore: G-25, City Centre, 507 M.G. Road, Indore - 452 001. Tel.: 0731-4201806, Fax 0731-4201807. Bhopal: Tata Asset Management Ltd., MF-12, Block-A, Mansarovar Complex, Near Habibganj Railway Station, Bhopal - 462 016. Tel.: 0755- 4229379 / 4273914 / 2574198. Nashik: 5, Samriddhi Residency, Opp Hotel City Pride, Tilakwadi, Nashik - 422 002. Tel.: 0253-6605138 / 0253-6510315, Fax: 0253-2579098. Goa: Tata Asset Mangement Ltd, FO-4, 1st Floor, Indraprastha, Above Dena Bank, Dr Shirgaonkar Road, Panjim. Goa-403001. Tel.: 0832 - 6451135/36/2422135, Fax: 0832-2422135. Jabalpur: TATA Asset Management Ltd., Office No. 4, 1178 , Napier Town, Home Sciences College Road, Jabalpur - 482 001(M.P.). Tel.: 0761-4074263. Nagpur: "Mile Stone", 1st Floor, Near Lokmat Square, Wardha Road, Ramdaspeth, Nagpur - 440 010, Tel.: 0712-663 0245 / 650 2885.

East Zone: Bhubaneswar: Janpath Tower, Room-208, 2nd Flr, Ashok Nagar, Bhubaneswar - 751009. Tel.: 0674-2533818. Dhanbad: 4th flr, Room No-409, Shriram Plaza, Bank More, Dhanbad - 826 001. Tel.: 9234302478/0326-2300304. Durgapur: A 206, 1st Flr, Kamdhenu Bengal Shristi Complex, City Centre, Durgapur - 713 216. Tel.: 9932241935.Guwahati: 109, 1st Flr, Orion Tower, Christian Basti, G S Road, Guwahati - 781 005 (Assam). Tel.: 0361-2343084. Kolkata: Tata Centre, 1st Floor, 43, J L Nehru Road, Kolkata - 700 071. Tel.: 033-22883413/5, 22881534. Fax: 033-22881535. Jamshedpur: C/o Mithila Motors Ltd, 1st Floor, Bistupur, Jamshedpur - 831 001. Tel.: 0657-2756021/22/23/30. Raipur: 331 & 332, 3rd Flr, Lalganga Shopping Mall, G E Road, Raipur - 492 001 (Chhattisgarh). Tel.: 0771-2543354. Ranchi: Shop No 15, A C Market, Grnd Flr, C F L Church Main Road, Ranchi - 834 001. Tel.: 0651-2330704/2330226. Patna: 605, 6th Flr, Ashiana Hariniwas, New Dak Bunglow Chowk, Patna - 800 001. Tel.: 0612-2206497/6450120. Bhilai: Shop No.145, Ground Floor, Chauhan Estate, Near HDFC Bank, Bhilai - 490 001. Tel.: 0788-2295625.

North Zone: Agra: G-12, Block No.19/4, Vimal Tower, Sanjay Place, Agra - 282 002. Tel.:- 0562-2525195. Allahabad: 43/1, S P Marg, 1st Floor, Opp. MAK Tower, Civil Lines, Allahabad (UP) - 211 001. Tel. :- 0532-6451122. Amritsar: Mezzanine floor, S.C.O – 25, B Block, District Shopping Complex, Ranjit Avenue, Amritsar – 143 001. Tel.: 98140 82808. Chandigarh: Cabin No.3-4-5, 1st Floor, Meeting Point, SCO - 487/488, Sector- 35C, Chandigarh - 160 022. Tel.: 0172 - 5087322 /6450322/2605320, Fax: 0172 - 2603770. Dehradun: Shop No. 19, Ground Floor,Shree Radha Palace, 78, Rajpur Road, Dehradun-248001, Uttarakhand. Tel.: 0135-6450877. Jaipur: 233, 2nd Floor, Ganpati Plaza, M I Road, Jaipur - 302 001. Tel.: 0141 - 5105177 / 78 / 2389387 / 6539009, Fax: 5105178. Kanpur: 4th floor, Office no. 412 - 413, KAN Chambers, 14 / 113, Civil Lines, Kanpur - 208 001. Tel.: 0512 - 2306066, Fax: 0512 - 2306065. Delhi: 7th Floor, No. E - H, Vandana building, 11, Tolstoy Marg, Connaught Place, New Delhi 110 001. Tel.: 011-66324111/102/103/104/105, Fax: 011-66303202. Lucknow: Office No.2, Saran Chambers-I, 1st Floor, 5,Park Road, Lucknow - 226 001. Tel.: 0522-6452432/4001731, Fax: 0522-2235386. Ludhiana: Cabin No. 201, 2nd. Floor, SCO 18, Opp Ludhiana Stock Exchange, Feroze Gandhi Market, Ludhiana - 141 001. Tel.: 0161 - 5089667/6503366, Fax: 0161-2413498. Moradabad: Tata Asset Management Ltd., Ground floor, Near Hotel Rajmahal, Civil Lines, Moradabad – 244 001, Tel.: 0591 - 2410667, 6535002. Jodhpur: Jaya Enclave , 79/4, Opp IDBI Bank, 1st A Road, Sardarpura, Jodhpur - 342 001. Tel.: 0291-6450555/2631257, Fax: 0291-2631257. Udaipur: Office No - 4, 2nd Floor, Madhav Appartment, Opp GPO, Chetak Circle, Udaipur - 313 001. Tel.: 0294 - 6450979/ 2429371, Fax: 0294-2429371. Varanasi : D-64/127, C-H Arihant Complex, Sigra, Varanasi - 221010 Tel .: 0542 - 6544655. Jalandhar : 2nd Floor, Above ING Vyasya Bank, Namdev Chowk, Jalandhar 144 001 Tel.: 0181-5001024/25.

South Zone: Bangalore: 4/6, Millers Road, High Grounds, Bangalore – 560 052. Tel.: 080-66561313 / 65335986 / 65335987, Fax: 080-22370512. Calicut: C-8 & 9, Friends Commercial Complex, Near Federal Towers,Arayadathu Palam, Mavoor Road, Calicut - 673016. Tel.: 0495-6450508. Chennai: TATA Asset Management Ltd, Riaz Garden, 3rd Floor, No:29, Kodambakkam High Road, Near Palmgrove Hotel, Nungambakkam, Chennai - 600 034. Tel.: 044-64541868/69/78, 64541863/64. Fax: 044-43546313. Cochin: 2nd Floor, Ajay Vihar, JOS Junction, M. G. Road, Cochin - 682 016. Tel.: 0484 - 2377580, 6533107, 6467813/14/15/16. Fax: 0484 - 237 7581. Coimbatore: 551 A, 1st Floor, West Lokamaniya Street, Near CAMS, R. S. Puram, Coimbatore - 641 002. Tel.: 0422 - 6502133/44, 4365635, Fax: 2546585. Hyderabad: 3rd floor, Block B, R R Estate, G.S MALL, Somajiguda, Hyderabad-82. Tel.: 040-65961237/38 & 65548290, Fax: 040-66363187. Hubli: 15 & 16, 2nd floor, Eureka Junction, Travellers Bangalow Road, Above ICICI Bank, Hubli - 580 029. Tel.: 0836-6450342 Fax: 4251510. Kottayam: C S I Ascention Square, Collectrorate P. O., Kottayam - 686 002. Tel.: 9447559230. Mangalore: Tata Asset Management Ltd., Essel Towers, 1st Floor, Bunts Hostel Circle, Above UTI Bank, Mangalore - 575 003. Tel.: 0824-6450308. Madurai: A - 1st Floor, A.R. Plaza, No:16/17,North Veli Street, Madurai-625001.Tel.: 0452-6454330 Fax: 0452-4246315. Mysore: 847, 1st Floor , New Kantharaja Urs Road, Above New Krishna Sweets & Bakery, Kuvempu Nagar, Mysore - 570 023. Tel.: 0821-6450470 Fax: 4246676. Salem: Raj Towers, Ground Floor, No: 4, Brindavan Road, Fairlands, Salem - 636 016. Tel.: 0427-6451653 Fax: 4042028. Thiruvananthapuram: Krishna Tower, 4th Floor, Sasthamangalam, Trivandrum - 695 010 Tel.: 0471-6535431/2319139. Trichy: No.60/3, 'Krishna', 2nd Floor, Sastri Main Road,Tennur, Trichy - 620 017. Tel.: 0431-6455060. Thrissur: 4th Floor, Pathayappura buildings, Round South, Thrissur - 680 001. Tel.: 0487-6451286. Vijaywada: 5th Floor, KONA Heights, Opp. All India Radio, M. G. Road, Vijaywada - 520 010. Tel.: 0866-6532621. Vishakapatnam: D.No: 48-9-1, 1st floor, Office No: 10&11, Srimukha Complex, Dwarakanagar, Above Titan Showroom, Visakhapatnam - 530 016. Tel.: 0891-6451883 Fax: 2503292.

Documents

Please refer back cover - page for risk factors. Mutual