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Personal Finance 15

Q&A
Insurance

You Need More Than a Term Plan to Cover Risks

There are many surprises life can throw at you. Heres how you can be prepared for them all
NIKHIL WALAVALKAR

The Financial Week

MON TUE WED THU FRI GROWTH INVESTING INCOME INVESTING INSURANCE FINANCIAL PLANNING REAL ESTATE & SPENDING

PANKAJ MATHPAL
CFP Managing Director, , Optima Money Managers

BENEFITS FROM MULTIPLE POLICIES My son has an ING Term Regular Premium policy for `50 lakh with a term of 15 years. . It offers only death and accidental benefits. Now, he has got a loan of `85 lakh form Re. liance Capital to be repaid in 72 installments. They have given an insurance policy from Bharti Axa Life Insurance Company for an amount equal to the loan and with a term of 72 months. The insured amount is reduced to the outstanding loan amount every month and it does not include the interest on the loan. I want to know if benefits of the two policies can be availed if anything unfortunate were to happen to him? AJIT RAJ GAMBHIR
The principle of indemnity does not apply to a life insurance contract. You can buy multiple life insurance policies from the same insurer or from different insurers and can claim benefits under your multiple life insurance policies in case of an unforeseen event. When you apply for a fresh policy, you should provide details of your existing policies in the proposal form.

n increasing number of people are recognising the need for insurance, and the smart ones go for a term cover, which is the cheapest and most efficient form of insuring ones life. However, the question remains: Does the term plan take care of all your insurance needs? An individual is exposed to various risks such as hospitalisation, accidental disability and critical illness, besides death. It is, therefore, necessary to look beyond pure term cover, says Rahul Aggarwal, CEO, Optima Insurance Brokers.

TERM INSURANCE

PENSION OR LUMP SUM? In 2003, I took LICs New Jeevan Dhara/ New Jeevan Suraksha Plan - 1 (with profit) under schedule 11B for 10 years. The an. nual premium is `60,002. The last premium to be paid is in Jan 2012. I will be paid some amount as pension from Jan 2013. I am told that before paying the last premium, I have to exercise the option for pension or lumpsum payment. As I am re-employed (I am 62) and shall continue to work for say 5 more years, I do not have any immediate requirement of regular flow of funds. In view of this, what option should I choose, especially in view of the present high rates being offered on fixed deposits? CS SHARMA
If you surrender your policy before the vesting date, the whole surrender value of your policy will be considered your income in the year in which it is received and it will be taxable in your hands at the slab rate applicable to you. You can commute 1/3rd of your pension on the day of vesting and receive the amount in lump sum, which will be tax free. I recommend you to select the Life annuity with a return of purchase price on death of the annuitant option under the plan to receive a stream of regular income.

For beginners, pure term life insurance promises to pay the sum assured when the policyholder dies. It does not offer any other benefit like bonus or returns. In fact, if the policyholder outlives the policy term, there would be no maturity benefits. Term insurance premiums have come down as life insurance companies offer products online in the backdrop of improved mortality experience. For example, now, a 30-year-old male life assured can get a pure term life in. surance of `1 crore and for a term of 30 years, by paying a premium . of below `10,000. But, this basic life cover would be of no help if the policyholder meets with an accident and loses, for instance, both legs. The only solution is to enhance the cover with accident disability covers.
ACCIDENT DISABILITY COVER

It is better to buy by paying a little , extra, an accident disability cover with the term plan. The premium . hovers around `1 per thousand of

sum insured. The rider kicks in if the life assured dies or is permanently disabled due to an accident. If the life assured losses legs, he is paid the sum assured. The basic life cover continues thereafter. But not all are gung-ho about the accident cover rider offered with life insurance policies. The accident disability cover of general insurance companies offers wider benefits such as temporary total disability cover, loss of income cover, medical expenses cover and advanced benefits such as broken bones benefit, says Rahul Aggarwal. The premium payable for riders, excluding health cover riders, should not exceed 30% of the premium for the basic life insurance. This limits the accident cover you can buy with a life insurance policy On the non-life insurance plat.

form, enhanced cover costs 50% to 100% more than on the life insurance platform. It is better to buy an accident disability rider along with the life insurance policy due to the ease of purchase. But since, in life insurance, the sum assured for the accident disability rider is capped much below the sum assured offered for life cover, it is better to buy a general insurance policy also to enhance the cover.
HEALTH COVER

Like accidents, hospitalisation also takes a toll on an individuals financial health. This is where health insurance policies come to your rescue. You should always have a medical insurance policy that promises to reimburse your actual expenses, as a core holding of your

insurance portfolio, says Rahul Aggarwal. You may opt for a family floater option to extend cover to the entire family. Additionally, you can buy a hospitalisation cash policy. Hospitalisation cash policy offers a fixed daily benefit to the insured individual upon hospitalisation, which can be utilised to pay for miscellaneous expenses not covered by the health insurance policy says TA Ramalingam, , head-underwriting, Bajaj Allianz General Insurance Company . The policy that reimburses actual expenses will pay for the admissible expenditure you incur in a hospital, says Pankaj Mathpal, a certified financial planner with Optima Money Managers. If you still want to ensure more cover, you can add high deductible health insurance policy to

your portfolio. This policy reimburses actual expenses incurred on hospitalisation and treatment above a pre-determined level. This can also help one save a lot in terms of premium. For . example, instead of buying a `10. lakh medical policy, buy a `3. lakh policy and then a `7-lakh high-deductible policy, which pays for expenses over and above `3 lakh. Both put together offer a . good solution for most medical insurance needs.
CRITICAL ILLNESS

Despite all these precautions, the advent of a critical illness can still wipe out your savings and force you to hunt for more funds for treatment. So check out the critical illness rider available with many term insurance products of life insurance companies.

There are two types of critical illness riders on offer. First is the standalone rider, which pays if the life assured is diagnosed with a critical illness it covers. The sum assured is paid and the basic life insurance cover continues. The second is accelerated critical illness benefit rider. Upon diagnosis of a critical illness covered, the life insured is paid the death benefit available under the policy and the policy ends. The premium for a standalone critical illness rider is higher than the premium payable for accelerated critical illness rider. , The underwriting requirement for standalone critical illness rider is also higher, says Rituraj Bhattacharjee, head- product development, Bajaj Allianz Life Insurance Company . Individuals with family history of a critical illness should ensure that they buy adequate critical illness cover at an early age. Critical illness cover is also available as a standalone product with general insurance companies. One can compare the critical illnesses covered under the rider and general insurance products before deciding on one. The premium payable towards critical illness rider under a traditional term life insurance policy remains the same throughout the term. But, in case you buy a general insurance policy covering critical illness, the premium rises with age. Sure, these so-called pure risk covers wont bring you anything in return. But they offer you something more invaluable: peace of mind. Even if you have to face an unfortunate situation in life, you will not have hit the pause button. There will be no need to rush to break fixed deposits, liquidate investment or seek help from friends to fund the expenses to take care of the situation. All you have to do is to get well soon and restart your life in full steam.
nikhil.walavalkar@timesgroup.com Tomorrow Whom to Trust with Your Investment Needs

Two Mantras that will Ensure Your Financial Well-being

Expert Take
to give a high-growth booster to your portfolio. The investor must realise that the equities market in the short run tends to be volatile, but its long-term return potential remains high. Thus, the equities asset class is considered as a viable medium for investors wishing to build a large corpus over the long term. For example, an equity investor who would have . invested `10,000 in January 1980 in the BSE Sensex at 100 points would have built a corpus of 16.45 lakh by the end of March 2011, at an average CAGR of 17.73% per annum. Gold investments are profitable in the long run and are the closest hedging tool to inflation. If you observe the price movement of gold over the past years, you will see a continuous uptrend. So, investors have benefited greatly by holding gold for a longer term. The price of gold . was `1, 607 per 10 gms in March . 1981, and it has grown to `20,800 in March 2011, at an average CAGR of 8.79% per annum. Debt investments mainly consist of fixed deposits, corporate bonds, government securities and bank certificates of deposit, etc. These generate stable returns and generally carry much lower price risk than equities and commodities like gold. Over the last 10 years, fixed income, on an average, has given a 7.5% return. During extreme market volatility investing in only one of the , above asset classes may not yield the best result. The best way to achieve an above-par, risk-adjusted return is to invest in a combination of correlated and inversely correlated products. Investors need to find out mutual fund schemes that have a judicious mix of all the three asset classes debt, equity and gold in varying proportions depending on their risk profiles.
INVEST SYSTEMATICALLY AND REGULARLY

Birla Sun Life Unveils Two New Term Plans

Launches
In line with the trend of insurance companies, over the past few months, increasing their focus on traditional endowment and term insurance plans, Birla Sun Life Insurance added two pure protection covers Birla Sun Life Protector and Birla Sun Life Protector Plus to its portfolio recently. These are pure terms plans that is, they offer no maturity benefit to the policyholder if s/he survives the term. However, term cover is deemed as a must-have for individuals, as it is the cheapest form of life insurance and serves its fundamental purpose of providing for the insureds dependants financially in the event of his/her demise. The characteristics of both the variants (Protector and Protector Plus) are largely similar. While Birla Sun Life Protector is for those . looking for a cover of between `5 . lakh and `49,99,999, Protector Plus offers cover beyond this limit. There is no upper limit on the sum assured under Protector Plus, but it would depend on the companys underwriting guidelines. Both plans offer the option of increasing the sum assured every year. The riders attached to the products are similar as well critical illness, accidental death and disability hospital care, surgical care , and waiver of premium. Insurance seekers can choose policy tenures of between five and 30 years. The key difference between the two plans, apart from the amount of cover provided, is the discounts in premiums, which are linked to the insurance-seekers health. While women have to pay lower premiums than men in both the plans, Protector Plus rewards nonsmokers for maintaining a healthy lifestyle. Under Birla Sun Life Protector, a 35-year-old male will have to shell . out an annual premium of `4,920 for . a `20-lakh sum assured (level) for a 20-year tenure; a woman, on the other hand, will have to pay a premium . of `4,170 for the same cover, provided all the other parameters are the same. Likewise, under Protector Plus, the annual premium for a 35year-old male (smoker) for a cover . . ` of `1 crore will be `21,150 (. 16,900 for men staying away from tobacco), while a woman will have to pay `17,100 (. 13,850 for non- smokers). . `
UPSIDE: Term plans offer the

NO-CLAIM BONUS I have had a mediclaim from The New India Assurance Co for 10 years. I had made no claims for eight years and the company, therefore, gave me a no-claim bonus of 5% for each claim-free year. My bonus amount accumulated to `1,20,000. But, after I un. derwent a cataract operation in 2010-11 and claimed about `30,000, my claim-free . bonus was withdrawn upon renewal of the policy. I had claimed just 25% of the accumulated bonus amount. How can the company withdraw the full bonus amount? I feel this is wrong. What should I do? MINAXI M PAREKH
Insurance is a contract between the insured and the insurer. Your insurance benefits and exclusions are determined by the terms mentioned in your policy document. In para 8 of your New India Assurance Mediclaim policy document, it is mentioned that in case of a claim, the cumulative bonus earned shall be withdrawn on renewal of the policy. So, the withdrawal of the cumulative bonus of your policy is as per the term of your policy.
Our expert guides you in matters relating to insurance. Email to etqueryins@indiatimes.com

Akshay Gupta MD & CEO

Peerless MF

Not everybody is born rich. And not everybody goes from rags to riches in a matter of weeks or months. A handful of people seem to turn everything they touch into gold. Most others are either barely comfortable or spend their lifetime struggling. Many want to become rich or financially free, but never achieve that state, although we all have the potential to do so. It is necessary to control and fulfil your financial destiny by planning well and executing the plan even better. As soon as you realise this, you must prepare an action plan that conforms to the tested mantras of the modern day Broadly only . , two mantras are needed to help us control our financial destiny .
INVEST IN ALL ASSET CLASSES

Investment in equities is meant

The fact remains that whenever the western world sneezes, the world catches a cold. Investors seeking long-term aggressive returns and possessing the appetite to stomach volatility considered technology funds during 1990s. Funds from this sector emerged as a category to reckon with and enjoyed tremendous growth in the years that followed, but their subsequent decline in the year 2000-01 due to the IT bubble burst has kept the risk-averse investor away. The next biggest turmoil in the history of stock markets in the year 2008 was due to the subprime crisis. Equity and balanced mutual funds generated negative returns during both these turmoil periods. However, one could ride such turmoil periods also smoothly. Lets take an example that clearly shows

that investing through systematic investment plans (SIP) by keeping a long-term perspective in any market conditions is fruitful, vis-a-vis investing in lump sum even if the investment is in sectors badly affected during such market crisis. In the financial year 2000-01, the technology sector funds, on an average, returned about (-)64.36%. The NAVs of some of these funds were ruling at around 60-80% below par levels. A lump-sum investment sometime before the technology bubble burst would have eroded its value by 60%-80% after the market crash in 2000-01. Most of us would have exited seeing the loss. Even for some of the bravehearts who stayed on, a lumpsum investment would have yielded only 6% per annum till date. Whereas, the SIP option would have generated more than 10.4% per annum. Therefore, investing a fixed amount every month (popularly known as SIP) is a safer way of investment because nobody can afford to invest his/her entire savings one day and lose it the next (in the event of a crash). Investing all at once can be extremely profitable if the market moves up, but most people who dont want to spend much time studying the market should endeavour to enjoy the benefit of cost averaging by choosing the SIP option.

cheapest way of ensuring dependants are taken care of in the event of the death of the insured. Hence, they are recommended by all financial planners as a must-have.
DOWNSIDE: Underwriting norms

followed could be very stringent, which means that not everyone who can afford the premium can hope to buy the policies, specifically Protector Plus, since it leans heavily on the insurance-seekers state of health.

MUTUAL FUNDS NAVs Heres a ready reckoner to track the day-on-day changes in your equity and balanced fund portfolio
SCHEME NAV %CHG -0.70 -0.70 -0.73 -0.73 -0.71 -0.71 -1.18 -1.18 -1.01 -1.01 -1.17 -1.15 -0.79 -0.79 -0.64 -0.65 -1.11 -1.09 -0.50 -0.50 -1.09 -1.09 -1.04 -1.10 -1.24 -1.24 -1.91 -1.83 -1.82 -1.63 -1.63 -1.86 -1.86 SCHEME NAV %CHG -2.71 -0.96 0.00 -1.85 -2.36 -1.11 -1.63 -1.60 -1.63 -1.59 -1.59 -1.61 -1.59 -1.60 -1.67 -1.67 -1.67 -1.55 -1.51 -1.47 -1.52 -0.53 -0.53 -0.30 -0.29 -0.30 -1.16 -1.15 -1.13 -1.06 -1.05 -1.43 -1.40 0.00 -1.47 -0.99 -1.01 -1.31 SCHEME Large Cap -G Nifty -G Nifty -I NAV %CHG 10.52 -1.31 29.52 -1.83 19.59 -1.85 -1.40 -1.41 -1.41 -1.73 -1.73 -1.11 -1.10 -1.15 -1.18 -1.57 -1.56 -1.63 -1.55 -0.30 -0.31 -1.57 -1.57 -1.57 -1.57 SCHEME NAV %CHG -1.40 -1.42 -1.93 -1.91 -1.90 -1.86 -1.36 -1.33 0.00 0.00 -1.44 -1.44 -0.74 -0.74 -0.99 -1.01 -1.45 -1.43 -1.08 -1.08 SCHEME NAV %CHG SCHEME TaxSaver -D TaxSaver -G Top 200 -D Top 200 -G NAV %CHG 59.89 235.72 45.63 210.74 -1.24 -1.24 -1.60 -1.60 -1.46 -1.41 -0.21 -0.21 -1.54 -1.54 -1.60 -1.60 -1.56 -1.57 -1.48 -1.48 -1.20 -1.18 -0.85 -0.88 -2.15 -2.16 0.09 0.13 -0.66 -0.23 -0.69 -0.68 -0.71 -1.24 -1.23 -1.21 -1.27 -0.22 -0.18 -0.21 -1.52 -1.53 SCHEME NAV %CHG -1.44 -1.48 -1.42 -1.78 -1.38 -1.38 -1.38 -1.77 -1.70 -1.75 -0.39 -0.34 -0.32 -0.40 -0.37 -0.41 -0.38 -0.34 -0.90 -0.90 -1.85 -1.29 -1.25 -1.70 -1.70 -1.03 -1.01 -0.22 -0.22 -1.53 -1.50 -1.53 -1.63 -1.60 -1.63 -0.57 -0.54 SCHEME NAV %CHG -1.24 -1.23 -1.18 -1.39 -1.42 -1.12 -1.08 -1.42 -1.42 -0.74 -0.77 -1.52 -1.51 -1.41 -1.40 -1.38 0.31 -1.58 -1.61 -1.57 -1.59 0.00 -0.58 0.00 0.00 -0.69 0.00 -0.99 -0.99 -1.64 -1.64 -1.06 -1.11 -1.59 -1.60 -1.82 -1.85 -1.37 SCHEME MidCap-D MultiCap-Cum MultiCap-D Opportun R-QD Opportun-Cum TaxSaver-Cum TaxSaver-D LIC Balanced -D Balanced -G Equity -D Equity -G Growth-D Nifty -D Nifty -G Opportun.-D Opportun.-G Sensex -D Sensex -G Sensex Adv-D Sensex Adv-G Tax -D Tax -G UL Insurance NAV %CHG 22.48 17.87 14.25 16.69 42.37 15.27 14.19 11.89 56.26 10.26 26.04 11.25 11.40 30.90 10.45 18.35 11.91 34.74 11.54 32.62 10.40 29.03 9.95 -1.36 -1.22 -1.18 -1.59 -1.60 -1.74 -1.66 -1.25 -1.25 -1.72 -1.70 -1.75 -1.81 -1.81 -1.69 -1.77 -1.81 -1.86 -1.87 -1.89 -1.70 -1.73 -1.19 SCHEME ST Bond-IG ST Bond-IWD NAV %CHG 11.44 10.10 0.00 0.00 SCHEME NAV %CHG -1.81 -1.81 -1.24 -1.31 -1.25 -1.24 -1.25 -1.71 -1.59 -1.59 -1.59 -0.80 -0.80 -0.80 -0.80 -0.80 -1.60 -1.60 -1.61 -1.61 -1.61 -0.43 -0.41 -0.43 -1.14 -1.14 -1.14 0.00 0.00 0.00 -0.18 -0.19 -0.18 -1.85 -1.84 -1.84 -1.82 -1.78 -1.82 -1.48 -1.45 SCHEME NAV %CHG -1.02 -1.01 -1.50 -1.42 -1.66 -1.66 -1.67 -1.67 -1.67 -1.78 -1.63 -1.45 -1.45 0.09 0.08 -2.08 -2.10 -1.58 -1.44 -1.03 -1.04 -1.41 -1.41 -1.09 -1.14 -1.54 -1.39 -1.06 -1.03 0.08 0.07 -1.50 -1.59 -0.80 -1.42 -1.42 -0.95 -0.98 SCHEME NAV %CHG -1.29 -1.29 -1.13 -1.13 -0.51 -0.53 -1.53 -0.09 -0.23 -0.21 -1.29 -1.31 -0.43 -0.42 -1.48 -1.47 -0.53 -0.53 -1.85 -1.85 -0.44 -0.47 -1.50 -1.48 -1.41 -1.40 -1.47 -1.47 -1.42 -1.32 -1.99 -2.04 -1.60 -1.58 -1.34 -1.37 -1.29 -1.32 -0.85 SCHEME AIG GLOBAL Equity-D 12.75 Equity-G 12.75 Infra&Eco Ref-D 9.53 Infra&Eco Ref-G 9.53 Infra&Eco RefID 9.75 Infra&Eco RefIG 9.75 AXIS Equity-D Equity-G Midcap-D Midcap-G Tax Saver-D Tax Saver-G 10.93 10.93 10.76 10.77 11.84 12.93 Infra BeES 307.94 Junior BeES 112.46 Liquid BeES 1000.00 Nifty BeES 567.29 PSU Bank BeES409.84 Shariah BeES 123.13 BHARTI AXA Equity Eco-B 17.50 Equity Eco-D 12.32 Equity Eco-G 17.50 Equity Eco-QD 11.13 Equity-B 17.38 Equity-D 12.25 Equity-G 17.38 Equity-QD 11.04 Focused Infra-D 9.40 Focused Infra-G 9.40 Focused InfraQD 9.40 Tax Advt Eco-D 12.10 Tax Advt Eco-G 22.22 Tax Advt-D 12.05 Tax Advt-G 22.10 CANARA ROBECO Balance -D 54.20 Balance -G 62.47 Emerg.Eqties-B 20.04 Emerg.Eqties-G 23.94 Emerg.Eqties-I 16.52 Eqty Divers-B 25.47 Eqty Divers-G 55.92 Eqty Divers-I 25.44 Eqty Taxsaver 18.64 Eqty Taxsaver-G26.44 Force-D 13.10 Force-G 14.06 Force-ID 10.00 Force-IG 14.09 Infrastr -D 18.02 Infrastr -G 22.62 Large Cap -D 10.52 DSP BLACKROCK Equity-D 49.24 Equity-G 16.76 Equity-IG 13.29 Focus 25-RD 10.80 Focus 25-RG 10.80 Micro Cap-D 9.81 Micro Cap-G 16.15 Small Midcap-D 15.45 Small Midcap-G 18.40 TIGER -D 16.95 TIGER -G 44.16 TIGER -ID 9.03 TIGER -IG 12.68 Tech.com-D 23.46 Tech.com-G 32.14 Top 100 -D 21.32 Top 100 -G 100.50 Top 100-ID 13.81 Top 100-IG 13.81 ELSS-D 13.37 ELSS-G 19.49 Nifty EnhancA-D11.71 Nifty EnhancA-G12.85 Nifty EnhancerD12.92 Nifty EnhancerG 12.68 FIDELITY Equity -D 20.99 Equity -G 35.53 GlobRealAsset-D13.25 GlobRealAsset-G 13.25 India Gr-D 12.34 India Gr-G 12.34 Intnl Opp-D 13.43 Intnl Opp-G 13.43 SplSituation-D 16.94 SplSituation-G 18.68 TaxAdvantage-D18.39 TaxAdvantage-G 22.09 Value-D 11.01 Value-G 11.01 Infotech -D 19.44 -0.15 Infotech -G 62.79 -0.11 Opport-D 14.05 -1.61 Opport-G 31.11 -1.58 Pharma -D 34.96 -0.14 Pharma -G 66.07 -0.12 Prima -D 36.77 -0.89 Prima -G 275.70 -0.89 Prima Plus-D 26.81 -1.25 Prima Plus-G 223.20 -1.23 Taxshield-D 30.91 -1.15 Taxshield-G 213.06 -1.14 HDFC Arbitrage-G 12.77 Arbitrage-MD 10.07 Arbitrage-QD 10.49 Arbitrage-WhG 12.88 Arbitrage-WhMD10.00 Arbitrage-WhQD10.35 Balanced -D 20.57 Balanced -G 58.61 Cap Builder-D 24.10 Cap Builder-G 110.56 Child Gift Invt 45.80 Child Gift Sav. 23.77 Core&Satell.-D 20.85 Core&Satell.-G 40.29 Equity -D 47.36 Equity -G 280.38 Growth -D 30.84 Growth -G 87.01 LT Advantage-D 36.31 LT Advantage-G138.78 Nifty 48.40 Pre.MultiCap-D 15.25 Pre.MultiCap-G 29.83 Prudence -D 29.92 Prudence -G 219.47 Sensex 154.06 SensexPlus 229.69 0.16 0.20 0.10 0.08 0.00 0.10 -0.63 -0.61 -1.23 -1.26 -0.78 -0.25 -0.95 -0.91 -1.42 -1.41 -1.19 -1.20 -1.20 -1.22 -1.85 -1.10 -1.06 -0.83 -0.83 -1.86 -1.74 Focused Eq.-IG 17.17 Focused Eq.-RtD 15.93 Focused Eq.-RtG 16.70 Index 51.97 IndoAsia Eq-ID 10.74 IndoAsia Eq-RtD 10.74 IndoAsia Eq-RtG 10.74 Infrastruc-D 11.65 Infrastruc-G 28.93 Infrastruc-IG 15.75 MIP -HD 12.71 MIP -MD 11.68 MIP -QD 12.44 MIP 25-G 19.96 MIP 25-HYD 10.65 MIP 25-MD 12.29 MIP 25-QD 10.60 MIP Cum 26.41 Nifty Jr-D 9.91 Nifty Jr-G 9.91 SPICE 195.36 Serv Inds-D 13.04 Serv Inds-G 17.34 Target Ret-RtD 13.89 Target Ret-RtG 13.89 Tax -D 19.28 Tax -G 143.51 Technology-D 17.83 Technology-G 17.83 Top 100 Inst IG 19.26 Top 100-D 14.41 Top 100-G 135.49 Top 200 Inst-I 31.40 Top 200-D 16.61 Top 200-G 111.88 Wealth Opti-RtD 13.84 Wealth Opti-RtG 14.61 Contra-B 15.97 Contra-D 13.62 Contra-G 15.97 Core Eqty-D 20.54 Core Eqty-G 38.81 Div Yield -D 18.49 Div Yield -G 23.74 Domestic Opp-D 13.87 Domestic Opp-G 36.74 Midcap -D 17.46 Midcap -G 21.98 Nifty Plus -D 18.75 Nifty Plus -G 28.13 Tax Savings -B 30.00 Tax Savings -D 14.78 Tax Savings -G 29.96 JP MORGAN EEMEA Offshore 9.60 Equity-D 12.48 Equity-G 13.44 India Tax Adv D 15.07 India Tax Adv G 18.60 JF Asean Eq Off 10.40 JF China EO-G 12.01 ST Income-FnD 10.05 ST Income-G 10.97 ST Income-MD 10.04 ST Income-WD 10.03 Smaller Cos-D 8.04 Smaller Cos-G 8.04 L&T Contra -Cum 10.21 Contra -D 10.21 Global Adv-Cum 10.25 Global Adv-D 7.10 Growth -Cum 38.94 Growth -QD 18.40 Hedged Eqty-Cum13.48 Hedged Eqty-D 9.57 MidCap-Cum 38.98 MOTILAL OSWAL Midcap 100 ETF 8.20 -1.20 NASDAQ 100 ETF107.23-0.52 Shares M50 ETF 76.83 -2.09 PRINCIPAL Balanced -D 15.21 Balanced -G 30.11 Child -CB 85.26 Child1-d 9.79 Div Yield -D 17.07 Div Yield -G 23.13 Emer Bluechip-D21.82 Emer Bluechip-G28.63 Growth -D 22.49 Growth -G 49.63 Index -D 22.44 Index -G 38.18 Infra&Service-D 12.56 Infra&Service-G 14.17 Large Cap -D 19.36 Large Cap -G 28.26 Personal TaxSav93.34 Smart Eqty-D 9.96 Smart Eqty-G 9.96 Tax Savings 72.25 QUANTUM Index ETF LT Equity -D LT Equity -G Tax Saving-D Tax Saving-G 565.74 22.18 21.99 21.72 21.73 -1.23 -1.25 -0.98 -0.91 -1.33 -1.32 -0.91 -0.93 -1.49 -1.51 -1.84 -1.85 -1.26 -1.25 -1.43 -1.40 -1.70 -0.60 -0.60 -1.46 -1.84 -1.03 -0.99 -1.00 -1.00 Eqty Adv RtG-B 13.00 Eqty Adv RtG-G 13.00 Eqty Opp ID 35.00 Eqty Opp IG-G 9.76 Eqty Oppor.-B 37.10 Eqty Oppor.-D 23.99 Eqty Oppor.-G 37.10 EqtyAdv IG-B 13.25 Equity -B 13.66 Equity -D 13.66 Equity -G 13.66 Growth -B 75.59 Growth -D 51.77 Growth -G 455.73 Growth ID 440.74 Growth IG-G 459.79 Infrastruc-ID 8.59 Infrastruc-IG 8.59 Infrastruc-RtB 8.57 Infrastruc-RtD 8.57 Infrastruc-RtG 8.57 Media&Entert-B 27.67 Media&Entert-D 17.12 Media&Entert-G 27.67 NRI Equity -B 39.18 NRI Equity -D 20.78 NRI Equity -G 39.18 Nat Res-D 10.74 Nat Res-GB 10.74 Nat Res-GG 10.74 Pharma -B 59.48 Pharma -D 41.38 Pharma -G 59.48 Power-D 38.67 Power-GB 68.11 Power-GG 68.11 Quant Plus-RtB 13.50 Quant Plus-RtD 11.03 Quant Plus-RtG 13.50 RegSav.Eqty-G 30.57 SaveEquity-D 21.70 Savings Bal-D 13.64 Savings Bal-G 22.44 TaxSaver ELSS-D15.12 TaxSaver ELSS-G21.50 Vision -B 45.53 Vision -D 39.81 Vision -G 270.49 Vision ID 244.45 Vision IG-G 270.89 RELIGARE AGILE -D AGILE -G AGILE Tax-D AGILE Tax-G Arbitrage-D Arbitrage-G Banking-RtD Banking-RtG BusinessLead-D BusinessLead-G Contra -D Contra -G Equity -D Equity -G Growth-D Growth-G PSU Equity-D PSU Equity-G Tax Plan -D Tax Plan -G 6.64 6.63 7.47 7.47 10.82 13.22 16.03 20.56 11.23 12.28 12.53 16.20 12.58 12.58 11.83 13.02 9.60 10.65 12.18 18.19 MMP 1993-D 51.12 MMP 1993-G 80.81 MSFU Contra -D 21.90 MSFU Contra -G 54.93 MSFU EBF -D 17.61 MSFU EBF -G 46.49 MSFU FMCG 32.81 MSFU IT 22.49 MSFU Pharma -D39.40 MSFU Pharma -G47.68 Mag Bal -D 24.50 Mag Bal -G 49.75 Mag Comma-D 16.20 Mag Comma-G 23.99 Mag Equity-D 29.35 Mag Equity-G 43.69 Mag Global-D 28.12 Mag Global-G 59.79 Mag Index -D 24.39 Mag Index -G 47.62 Mag Midcap-D 18.05 Mag Midcap-G 23.53 Mag MultiCap-D 13.15 Mag MultiCap-G 17.31 Mag TaxGain93-D36.41 Mag TaxGain93-G59.65 One India -D 10.69 One India -G 10.69 PSU -D 9.71 PSU -G 9.72 SAHARA Bank & Fin-D Bank & Fin-G Growth -D Growth -G Infrastr FP-D Infrastr FP-G Infrastr VP-D Infrastr VP-G MidCap -D 12.80 30.19 23.33 80.38 11.02 15.07 11.52 15.68 13.93 MidCap -G 31.49 Midcap -B 31.49 Midcap Auto PO 31.49 Power&NatRes-D10.84 Power&NatRes-G12.71 Star Value-D 11.14 Star Value-G 12.15 Super 20-D 11.47 Super 20-G 11.47 TaxGain 37.95 TaxGain -D 14.24 WealthPlus FP-D17.78 WealthPlus FP-G21.47 WealthPlus VP-D18.70 WealthPlus VP-G22.40 TATA Balanced -D 53.48 Balanced -G 84.78 Balanced-MD 47.72 Contra -App 18.39 Contra -D 16.18 Div Yield-App 34.61 Div Yield-D 19.85 Eqty P/E A5%-D 32.79 Equity Opport-D 20.59 Equity Opport-G 80.28 Equity PE -App 47.43 Equity PE -D 34.41 Growth -App 43.83 Growth -Bon App39.83 Growth -D 17.53 Index Nifty -A 33.24 Index Sensex -A 45.06 Index Sensex -B 14.73 Infrastr A-D 11.76 Infrastr A-G 11.76 Infrastr B-D 11.62

NAVs in ` as on 26.07.2011
NAV %CHG -0.85 -0.85 -0.85 -1.45 -1.40 -0.54 -0.57 -1.29 -1.29 -1.07 -1.11 -0.95 -0.92 -0.95 -0.97 -1.09 -1.09 -1.08 -0.81 -0.80 -1.00 -1.00 -1.29 -1.25 -1.25 -1.27 -1.26 -0.90 -0.92 -0.90 -1.89 -1.87 -1.87 -0.59 -0.68 -1.27 SCHEME NAV %CHG -1.19 -1.83 -1.83 -0.19 -0.19 -0.91 -0.92 -1.54 -1.54 -0.78 -0.77 -0.91 -0.94 -1.16 -0.45 -1.49 -1.50 -1.15 -1.08 -1.02 -1.00 -1.02 -1.70 -1.59 -0.39 -0.38 -1.85 -1.85 -1.47 -1.47 -1.56 -1.49

BNP PARIBAS China India-D 8.80 China India-G 8.80 Div Yield-D 10.80 Div Yield-G 18.36 Equity -D 11.62 Equity -G 34.35 Future Leader-D 9.88 Future Leader-G 9.92 Opportunities-D 9.95 Opportunities-G 19.12 Tax Advantage-D11.47 Tax Advantage-G14.39 BARODA PIONEER Balance -D 28.75 Balance -G 28.75 Elss 96 23.60 Growth -D 28.51 Growth -G 50.61 PSU Eqty-D 8.45 PSU Eqty-G 8.45 Pioneer Infra-D 8.97 Pioneer Infra-G 8.97

HSBC Advant.India-D 10.12 Advant.India-G 11.90 Brazil-D 9.43 Brazil-G 9.43 Dynamic -D 10.23 Dynamic -G 10.23 Equity -D 25.76 Equity -G 102.41 Midcap Eqty-D 10.75 Midcap Eqty-G 20.10 Opportunities-D 16.63 Opportunities-G 35.31 TaxSaver Eqty-D13.16 TaxSaver Eqty-G14.27 ICICI PRUDENTIAL Balanced -D 17.44 Balanced -G 48.68 Bank & Fin-RtD 18.19 Bank & Fin-RtG 18.61 Blended A-D 11.53 Blended A-G 15.45 ChildCare Gift 58.79 ChildCare Study 30.35 Discovery -D 20.02 Discovery -G 49.76 Discovery FII-G 22.28 Dynamic -D 18.33 Dynamic -G 108.52 Dynamic -InstI 17.08 Dynamic-IG 10.09 EmergStar FII 13.58 EmergStar-D 16.41 EmergStar-G 32.96 FMCG -D 42.14 FMCG -G 77.97

Infrastr B-G 11.63 Infrastruc-App 31.73 Infrastruc-D 20.91 LifeSci&Tech-D 36.07 LifeSci&Tech-G 71.77 MidCap -App 17.50 MidCap -D 15.02 Pure Equity -G 96.92 Pure Equity-D 36.47 Select Eqty -D 43.10 Select Eqty-G 66.65 Service Ind-App 23.93 Service Ind-D 17.85 Tax Saving 46.87 Young Citizens 15.64 TAURUS Bonanza -D Bonanza -G Discovery-D Discovery-G Ethical-B Ethical-RtD Ethical-RtG Infrastruct-D Infrastruct-G MIP Advt.-D MIP Advt.-G Nifty Index-D Nifty Index-G Starshare-D Starshare-G Tax Shield-D Tax Shield-G 42.21 41.93 14.66 14.65 23.35 15.77 23.36 12.15 12.96 10.25 10.59 10.61 10.61 41.01 58.25 16.41 35.04

DAIWA Ind Leaders-RtD 11.52 -1.29 Ind Leaders-RtG 11.52 -1.29 DEUTSCHE Alpha Equity-D Alpha Equity-G Tax Saving -D Tax Saving -G 16.46 75.61 12.39 13.26 -1.50 -1.51 -1.27 -1.27 -0.72 -0.61 -1.53 -1.53 -1.50 -1.52 -1.52 -1.58

BENCHMARK Bank BeES 1126.95 -2.43 HangSeng BeES1324.04 0.79

EDELWEISS Abso RetuFund-D11.04 Abso RetuFund-G11.39 E.D.G.E. A-D 12.21 E.D.G.E. A-G 14.20 E.D.G.E. B-D 14.45 E.D.G.E. B-G 14.28 E.D.G.E. C-D 12.31 E.D.G.E. C-G 14.30

FRANKLIN TEMPLETON Asian Equity-D 11.40 0.62 Asian Equity-G 11.40 0.62 Bluechip-D 38.53 -1.41 Bluechip-G 214.82 -1.39 Equity-D 14.56 -0.34 Equity-G 20.53 -0.34 FMCG -D 46.73 -1.08 FMCG -G 74.45 -1.08 FlexiCap-D 14.91 -1.32 FlexiCap-G 32.59 -1.33 Growth-D 50.95 -1.11 Growth-G 117.16 -1.11 HGC-G 12.79 -1.31 Index BSE-D 52.38 -1.85 Index BSE-G 52.38 -1.85 Index Nifty-D 43.95 -1.83 Index Nifty-G 43.95 -1.83 Index Tax 42.81 -1.79

MIRAE ASSET AGC Stocks-D 13.07 0.62 AGC Stocks-G 13.07 0.62 Opportun-D 13.97 -1.13 Opportun-G 16.68 -1.13 MORGAN STANLEY A.C.E.-D 13.77 -1.50 A.C.E.-G 14.63 -1.48 Active Bond-G 10.55 0.00 Active Bond-IG 10.09 0.00 Active Bond-QD 10.55 0.00 Growth 60.75 -1.30 Growth-D 18.55 -1.28 ST Bond-D 10.15 0.00 ST Bond-G 11.36 0.00 ST Bond-ID 10.15 0.00

ING INVESTMENT Balanced -D 18.03 -0.83 Balanced -G 25.78 -0.85

RELIANCE Banking -B 104.04 -2.10 Banking -D 38.89 -2.11 Banking -G 104.04 -2.10 Banking-IG 9.35 -2.09 Eqty Adv ID 12.22 -1.69 Eqty Adv RtD 11.97 -1.80

SBI Arbitrage Opp-D 11.99 Arbitrage Opp-G 13.92 Blue Chip -D 11.14 Blue Chip -G 14.25 Gold ETS 2292.16 Infrastru-1 D 9.03 Infrastru-1 G 9.03 M NRI Inv FAP-D29.32 M NRI Inv FAP-G29.21

UNION KBC Equity-D 10.09 -1.37 Equity-G 10.09 -1.37

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