Reliance Monthly Income Plan - An Open-ended Fund

Monthly Income is not assured & is subject to the availability of distributable surplus.
AWARDED BY CNBC TV18 CRISIL*&ICRA** MUTUAL FUND AWARDS FOR THE YEAR 2009

Performance Report

Positioning of the Fund

1. This is a hybrid fund with a marginal allocation to equity which may go up to maximum 20%.

2. This is ideal for a predominantly fixed income investor with a marginal appetite for equity risk.

3. The investment horizon in this fund should typically be 2 years or more so that the long term
benefit of having a marginal exposure to equity pays off.

4. The fund intends to offer a predominantly fixed income investor the power of equity along with the
stability of debt.

Investment Philosophy

1. Emphasis is more on accrual-based returns than on active trading.

2. MIP portfolio reflects an optimum blend of both fixed and floating rate instruments comprising of
Certificate of Deposits to take care of liquidity needs and plain vanilla bond specially to take care
of yield enhancement,

3. Government Securities enhance the credit quality and shall enable in benefiting from the bond
market play.

4. Though investment into equity and equity linked securities forms a minor part (maximum 20%) of
the portfolio, right timing and selection of stocks has been able to generate the alpha returns, thus
resulting in the growth of capital.
Portfolio Parameters as on September 29, 2010

1. Fund Corpus: Rs. 7485 cr

2. Weighted Average Maturity: 2.68 Years

3. Modified Duration: 1.91 Years

4. Weighted Average YTM: 6.21%

5. MTM: 49.64%

6. Money Market Instruments: 27.52%

7. Floating Rate Instruments: 9.40%

8. Securitised Debt & PTC: 3.18%

9. Corporate Debt: 20.38%

10. Cash & Other Receivables: 6.20%

11. Government Securities (G-Sec): 19.50%

12. Equity: 18.89%

Dividend History

Past performance may or may not be sustained in the future; Dividend distribution is subject to availability & adequacy of distributable
surplus. The Mutual Fund is not assuring that it will make periodical dividend distributions, though it has every intention of doing so. After the
payment of dividend, the per unit NAV falls to the extent of the dividend payout and distribution taxes, if any. Performance of dividend
plan/option would be net of applicable statutory levy , if any.
* NAV on the 1st transaction day after Record Date, which includes the mark to market impact also.

Scheme Details

1. Investment Objective: The primary investment objective of the Scheme is to generate regular
income in order to make regular dividend payments to unit holders and the secondary objective is
growth of capital.

2. Inception Date: January 13, 2004

3. Minimum Application Amount

1. Monthly Dividend Plan: 25,000 per plan per option & in multiples of Re.1 thereafter;

2. Quarterly Dividend Plan: Rs. 10,000 per plan per option & in multiples of Re.1 thereafter;

3. Growth Plan: Rs.10,000 per plan per option & in multiples of Re.1 thereafter

4. Load Structure

1. Entry Load: NIL

2. Exit Load: 1% if the units are redeemed/switched out on or before completion of 1year from the
date of allotment of units. There shall be no exit load after completion 1year from the date of
allotment of units.

5. Choice of Plans/Options:

1. Growth Plan

2. Dividend Plan

3. Monthly Dividend Plan (Dividend Payout & Reinvestment Option)

4. Quarterly Dividend Plan (Dividend Payout & Reinvestment Option)