About Us

HDFC Asset Management Company Limited (AMC)

HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act,
1956, on December 10, 1999, and was approved to act as an Asset Management Company for
the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.

The registered office of the AMC is situated at HUL House, 2nd Floor, H. T. Parekh Marg,
165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020. The Company Identification
Number(CIN) is U65991MH1999PLC123027.

In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset
Management Company Limited to manage the Mutual Fund. The paid up capital of the AMC is
Rs. 25.241 crore as on September 30, 2013.

The equity shareholding pattern of the AMC as on September 30, 2013 is as follows :
Particulars % of the paid up equity capital
Housing Development Finance Corporation Limited 59.81
Standard Life Investments Limited 39.87
Other Shareholders (shares issued on exercise of Stock Options) 0.32

Zurich Insurance Company (ZIC), the Sponsor of Zurich India Mutual Fund, following a review
of its overall strategy, had decided to divest its Asset Management business in India. The AMC
had entered into an agreement with ZIC to acquire the said business, subject to necessary
regulatory approvals.

On obtaining the regulatory approvals, the following Schemes of Zurich India Mutual Fund have
migrated to HDFC Mutual Fund on June 19, 2003. These Schemes have been renamed as
follows:
Former Name New Name
Zurich India Equity Fund HDFC Equity Fund
Zurich India Prudence Fund HDFC Prudence Fund
Zurich India Capital Builder Fund HDFC Capital Builder Fund
Zurich India TaxSaver Fund HDFC TaxSaver
Zurich India Top 200 Fund HDFC Top 200 Fund
Zurich India High Interest Fund HDFC High Interest Fund
Zurich India Liquidity Fund HDFC Cash Management Fund
Zurich India Sovereign Gilt Fund HDFC Sovereign Gilt Fund*
*HDFC Sovereign Gilt Fund has been wound up in March 2006

The AMC is also providing portfolio management / advisory services and such activities are not
in conflict with the activities of the Mutual Fund. The AMC has renewed its registration from
SEBI vide Registration No. - PM / INP000000506 dated February 12, 2013 to act as a Portfolio
Manager under the SEBI (Portfolio Managers) Regulations, 1993. The Certificate of Registration
is valid from January 1, 2013 to December 31, 2015.

Trustees

HDFC Trustee Company Limited, a company incorporated under the Companies Act, 1956 is the
Trustee to HDFC Mutual Fund vide the Trust deed dated June 8, 2000, as amended from time to
time. HDFC Trustee Company Ltd is wholly owned subsidiary of HDFC.
The registered office of the Trustee company is situated at HUL House, 2nd Floor, H. T.
Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020. The Company
Identification Number(CIN) is U65991MH1999PLC123026.

The Board of Directors of HDFC Trustee company Limited consists of the following
eminent persons.
Mr. Anil Kumar Hirjee
Mr. Vincent Joseph OBrien
Mr. Shishir K. Diwanji
Mr. Ranjan Sanghi
Mr. V. Srinivasa Rangan

Mr. Anil Kumar Hirjee

Mr. Anil Kumar Hirjee, the Chairman of the Board, is an independent Director. Mr.Hirjee has
45 years of experience in different areas of Business Management and his expertise extends to
finance, banking, legal, commercial, industrial and general administration. He has also been
actively associated with leading Charitable Institutions. Mr. Hirjee has been associated with
The Bombay Burmah Trading Corporation Limited since 1976 and is presently its Vice
Chairman. He is also a Director on the Boards of various other companies.
Mr. Hirjee is a B.A. (Hons.), LL.B. (Hons.), Barrister-at-Law, and SLOAN Fellow of the
London Business School.

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Mr. Vincent Joseph OBrien

Mr Vincent Joseph OBrien has been appointed as an associate Director on the Board of the
Trustee Company. He joined Standard Life Investments Limited in 2003 and in 2010 he was
appointed as the Global Head of Strategic Alliances with specific responsibility for the
Companys operations in India and Japan. Prior to 2010 he was the Company Secretary with
additional responsibilities for regulatory compliance and risk management. He reports to the
Director of Global Client Group of Standard Life Investments Limited. Before 2003 he
worked for Standard Life Bank as its Company Secretary with responsibilities for compliance,
risk management and legal.
He is Associate of the Chartered Insurance Institute (ASCII) of United Kingdom.

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Mr. Shishir K. Diwanji

Mr. Shishir K. Diwanji, is an independent Director on the Board. He is a Partner with Messrs.
Desai and Diwanji, Advocates, Solicitors and Notaries. He is also a Director on the Board of
various other companies.
Mr. Diwanji holds a Bachelors degree in Law.

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Mr. Ranjan Sanghi

Mr. Ranjan Sanghi, is an independent Director on the Board. He is Director / Partner with Sah
& Sanghi Group of Companies. He is also a Director on the Board of various other companies.

Mr. Sanghi is a Graduate in Commerce from Mumbai University.

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Mr. V. Srinivasa Rangan

Mr. V. Srinivasa Rangan is an Associate Director on the Board. Mr. Rangan is an Executive
Director at Housing Development Finance Corporation Limited (HDFC Ltd). He has been
associated with HDFC Ltd. since 1986. He was inducted into the Board of HDFC Ltd. as
Executive Director in January 2010 and prior to that he was Senior General Manager
Treasury. He has been appointed as the Executive Director of HDFC Ltd. for a period of 5
years with effect from January 1, 2010, subject to the approval of the Members at the ensuing
Annual General Meeting of HDFC Ltd. He is also a Director on the Board of various other
companies.

Mr. Rangan is a Graduate in Commerce, Grad. CWA and an Associate of the Institute of
Chartered Accountants of India.
Sponsors

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED (HDFC)
HDFC Ltd. was incorporated in 1977 as the first specialised mortgage company in India. HDFC
provides financial assistance to individuals, corporates and developers for the purchase or
construction of residential housing. It also provides property related services (e.g. property
identification, sales services and valuation), training and consultancy. Of these activities, housing
finance remains the dominant activity. HDFC has a client base of around 13 lac borrowers, over
15 lac depositors, over 1.9 lac shareholders and over 25,000 deposit agents, as at September 30,
2013.
As at September 30, 2013, HDFC had mortgage loan assets of Rs. 1,8488.86 billion. Since
inception, HDFC has financed over 4.4 million housing units. 74% of shareholders in HDFC
are foreign investors. HDFCs market capitalisation as at September 30, 2013 stood at
approximately Rs 1,186.66 billion.
HDFC 's borrowings consists of domestic term loans from banks and insurance companies,
bonds and retail deposits. HDFC has received the highest rating for its bonds and deposits
program for theNineteenth year in succession.
As part of HDFCs developmental initiatives, the company has set up institutions in various
fields including credit rating, consumer finance, leasing, infrastructure, and IT-enabled services.
Over the years, the HDFC group has emerged as a strong financial conglomerate in the Indian
capital markets with a presence in banking, life and general insurance, asset management and
venture capital. HDFCs key associate and subsidiary companies include HDFC Bank Limited,
HDFC Standard Life Insurance Company Limited, HDFC Ergo General Insurance Company
Limited, HDFC Asset Management Company Limited, GRUH Finance Limited, HDFC Venture
Capital Limited and Credila Financial Services Limited.
STANDARD LIFE INVESTMENTS LIMITED
The Standard Life Assurance Company was established in 1825 and has considerable experience
in global financial markets. The company was present in the Indian life insurance market from
1847 to 1938 when agencies were set up in Kolkata and Mumbai. The company re-entered the
Indian market in 1995, when an agreement was signed with HDFC to launch an insurance joint
venture.

In April 2006, the Board of The Standard Life Assurance Company recommended that it should
demutualise and Standard Life plc float on the London Stock Exchange. At a Special General
Meeting held in May voting members overwhelmingly voted in favour of this. The Court of
Session in Scotland approved this in June and Standard Life plc floated on the London Stock
Exchange on 10 July 2006.

Standard Life Investments was launched as an investment management company in 1998. It is
the dedicated investment management company of the Standard Life group and is a wholly
owned subsidiary of Standard Life Investments (Holdings) Limited, which in turn is a wholly
owned subsidiary of Standard Life plc.

With global assets under management of approximately US$240.7 billion (154.9 billion) as at
December 31, 2011, Standard Life Investments Limited is one of the world's major investment
companies, operating in the UK, Canada, Hong Kong, China, Korea, Ireland, Australia and the
USA, and is responsible for investing money on behalf of five million retail and institutional
clients worldwide

In order to meet the different needs and risk profiles of its clients, Standard Life Investments
Limited manages a diverse portfolio covering all of the major markets world-wide, which
includes a range of private and public equities, government and company bonds, property
investments and various derivative instruments. The company's current holdings in UK equities
account for approximately 1.8% of the market capitalisation of the London Stock Exchange. For
more information log on to the websitewww.standardlifeinvestments.com

Registrar & Transfer Agents

Registered Office:
Computer Age Management Services Pvt. Limited
New No. 10, Old No. 178,
M.G.R. Salai, Nungambakkam,
Chennai - 600 034.
Computer Age Management Services Pvt. Ltd.,
Rayala Towers - I,
158 Anna Salai,
Chennai 600002.
Tel : (+91) 044 2852 0516
Fax : (+91) 044 4203 2952
Website : www.camsonline.com

Custodian

HDFC Bank Limited
Lodha - I Think Techno Campus Office, Floor 8,
Next to Kanjurmarg Railway Station
Kanjurmarg (East), Mumbai - 400 042.
Website: www.hdfcbank.com

Citibank N.A.
Global Securities & Fund Services (SFS), India,
3rd Floor, Trent House, Plot No. G-60, Bandra Kurla Complex
Bandra East, Mumbai - 400051
Website: www.citibank.com

The Bank of Nova Scotia
91-94, 3rd North Avenue,
Maker Maxity, Bandra-Kurla Complex,
Bandra (E), Mumbai 400 051
Website: www.scotiabank.com
Currently, The Bank of Nova Scotia has been appointed as the custodian of Portfolio Deposit
(i.e. Physical Gold) for HDFC Gold Exchange Traded Fund.

Vision Statement



Why HDFC Mutual Fund

HDFC Mutual Fund is one of the largest mutual funds and well-established fund house in the
country with consistent fund performance across categories since its incorporation on December
10, 1999. While our past experience does make us a veteran, but when it comes to investments,
we have never believed that the experience is enough.

Our Investment Philosophy
The single most important factor that drives HDFC Mutual Fund is its belief to give the investor
the chance to profitably invest in the financial market, without constantly worrying about the
market swings. To realize this belief, HDFC Mutual Fund has set up the infrastructure required
to conduct all the fundamental research and back it up with effective analysis. Our strong
emphasis on managing and controlling portfolio risk avoids chasing the latest "fads" and trends.

We Offer
We believe, that, by giving the investor long-term benefits, we have to constantly review the
markets for new trends, to identify new growth sectors and share this knowledge with our
investors in the form of product offerings. We have come up with various products across asset
and risk categories to enable investors to invest in line with their investment objectives and risk
taking capacity. Besides, we also offer Portfolio Management Services.
To know more about our products please visit our Products section.

To find out your current financial health and tips about financial planning, please visit
out Calculatorssection.

For additional information/ clarification you can email us at cliser@hdfcfund.com.

If you wish to speak to any of our customer service executives, you can SMS HDFCMF to
56767 or provide us with your contact & query details and we will have someone get in touch
with you.

Auditors

DELOITTE HASKINS & SELLS
Chartered Accountants
12, Dr. Annie Besant Road,
Opp. Shiv Sagar Estate,
Worli,
Mumbai 400 018.
Website : www.deloitte.com