Scheme Information Document

AIG Monthly Income Plan

An Open ended Income Scheme (Monthly Income is not assured and is subject to availability of distributable surplus.)
Offer of Units of ` 10/- each for cash during the New Fund Offer and Continuous offer for Units at NAV based prices New Fund Offer Opens on : ___________, 2011 New Fund Offer Closes on : ___________, 2011 Scheme re-opens for continuous Sale & Repurchase on: ___________, 2011 (The AMC/Trustees reserve the right to extend the closing date, subject to the condition that the New Fund Offer shall not be kept open for more than 15 days as permissible under Regulations) Name of Mutual Fund Name of Trustee Company Addresses, Website of the entities : AIG Global Investment Group Mutual Fund : AIG Trustee Company (India) Private Limited : 604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai - 400 013, www.aiginvestments.co.in Name of Asset Management Company : AIG Global Asset Management Company (India) Private Limited

The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document. The Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centres / Website /Distributors or Brokers. The investors are advised to refer to the Statement of Additional Information (SAI) for details of AIG Global Investment Group Mutual Fund (AIGGIGMF/Fund), Tax and Legal issues and general information on www.aiginvestments.co.in SAI is incorporated by reference (is legally a part of the Scheme Information Document). For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to our website. The Scheme Information Document should be read in conjunction with the SAI and not in isolation. This Scheme Information Document is dated ___________, 2011

Registered Office: Registered Office: 604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai - 400 013 Registered Office: 604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai - 400 013 Registered Office: New No. 10, Old No. 178, MGR Salai,Nungambakkam, Chennai - 600034

C-61, Citi Centre Bandra Kurla Complex, Bandra (E), Mumbai 400 051

AIG Investments is a group of international companies that provide investment advice and market asset management product and services to clients around the world. AIG Investments is a registered mark of American International Group, Inc. (AIG). Services and products are provided by one or more affiliates of AIG.

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Table of Contents HIGHLIGHTS/SUMMARY OF THE SCHEME I. INTRODUCTION A. B. C. D. E. II. A. B. C D. E. F. G. H. I. J. K. RISK FACTORS REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME SPECIAL CONSIDERATIONS DEFINITIONS DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY TYPE OF THE SCHEME WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME ? HOW WILL THE SCHEME ALLOCATE ITS ASSETS? WHERE WILL THE SCHEME INVEST? WHAT ARE THE INVESTMENT STRATEGIES? FUNDAMENTAL ATTRIBUTES HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE ? WHO WILL MANAGE THE SCHEME? WHAT ARE THE INVESTMENT RESTRICTIONS? HOW HAS THE SCHEME PERFORMED? HOW IS THE SCHEME DIFFERENT FROM THE EXISTING OPEN ENDED INCOME SCHEMES OF THE MUTUAL FUND? NEW FUND OFFER (NFO) ONGOING OFFER DETAILS PERIODIC DISCLOSURES COMPUTATION OF NAV NEW FUND OFFER (NFO) EXPENSES ANNUAL SCHEME RECURRING EXPENSES LOAD STRUCTURE WAIVER OF LOAD FOR DIRECT APPLICATIONS 1 3 3 7 7 8 12 13 13 13 13 16 16 22 23 23 23 25 25 26 26 32 41 43 44 44 44 44 45 46

INFORMATION ABOUT THE SCHEME

III. UNITS AND OFFER A. B. C. D. A. B. C. D. V.

IV. FEES AND EXPENSES

RIGHTS OF UNIT HOLDERS

VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS OR INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE PROCESS OF BEING TAKEN BY ANY REGULATORY AUTHORITY

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HIGHLIGHTS / SUMMARY OF THE SCHEME

Sr HIGHLIGHTS OF THE No. SCHEME 1. Investment Objective AIG Monthly Income Plan (An open ended income scheme) AIG Monthly Income Plan seeks to generate regular income through investments in fixed income securities along with capital appreciation through exposure to equity and equity related securities. There is no assurance that the objective of the scheme will be realized and the scheme does not assure or guarantee any returns. 2. Option(s) Available (Monthly Income is not assured and is subject to availability of distributable surplus.) Growth Dividend o o Dividend Payout Monthly 25th of every month Quarterly 25th of every calendar quarter end Half-Yearly 25th of every calendar Half-year end Monthly 25th of every month Quarterly 25th of every calendar quarter end Half-Yearly 25th of every calendar Half-year end

Dividend Reinvestment

3.

4.

5. 6.

7.

8.

9.

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Liquidity

Minimum installment for SWP and STP (applicable only during continuous/ongoing offer) Minimum amount in case of Inter/Intra scheme switches Loads (During NFO and on continuous/ongoing basis)

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` 1,000/Entry Load* : N.A. 1

Minimum Application Amount (First Purchase and during NFO/ continuous/ongoing offer) Minimum Application Amount (Subsequent Purchase) Minimum installment for SIP

` 5,000/- and in multiples of ` 1 thereafter

The SIP request should be for a minimum of 6 months / quarters. ` 1,000/A Minimum of 6 transfers has to be submitted for SWP/ STP .

The minimum amount in case of inter/ intra scheme (inter plan/inter option) switches shall be the minimum amount required in the respective transferee scheme/plan.

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors assessment of various factors including the service rendered by the distributor Exit Load# : 1% of the applicable NAV if redeemed within 1 year from the date of allotment.

# With effect from August 01, 2009, exit load/CDSC (if any) up to 1% of the redemption value charged to the unit holder by the Fund on redemption of units shall be retained by the scheme in a separate account and will be utilized for payment of commissions to the Distributors and to meet other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unit holder as exit load/ CDSC shall be credited to the scheme immediately. The Scheme will offer Units for Purchase and Redemption at NAV related prices on every Business Day on an ongoing basis, commencing not later than 5 working days from the allotment of units of the scheme. The Mutual Fund will endeavor to dispatch the Redemption proceeds within 3 Business Days but not later than 10 business days from the acceptance of the Redemption request.

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In case of Monthly, Quarterly and Half-Yearly dividend options, if any of the day(s) mentioned is a non Business Day, the dividend will be declared on the next Business Day. The dividend will be declared subject to availability and adequacy of distributable surplus. ` 5,000/-

Sr HIGHLIGHTS OF THE No. SCHEME 10. Benchmark

AIG Monthly Income Plan (An open ended income scheme) CRISIL MIP Blended Fund Index

The Trustee reserves the right to change the benchmark for evaluation of performance of the Scheme from time to time in conformity with the investment objective and appropriateness of the benchmark subject to SEBI Regulations, and other prevailing guidelines, if any. 11. Transparency / NAV The AMC will calculate and disclose the first NAV of the scheme not later than 5 working days from the Disclosure allotment of units of the scheme. Subsequently, the NAVs will be calculated and disclosed on every Business Day and shall be updated on the website of the Fund www.aiginvestments.co.in and of the Association of Standard Observation Mutual Funds in India (AMFI) www.amfiindia.com. The AMC will disclose details of the portfolio of the Scheme every 6 months by either sending a complete statement to all the Unit Holders or by publishing No. 17 a such statement, by way of advertisement, in two daily newspapers. The same shall also be displayed on the website of the fund. 12. Exchange Platform Options NSE Symbol BSE Symbol Symbols

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I. INTRODUCTION
A. RISK FACTORS Standard Risk Factors: Standard Observation No. 2 Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. As the price / value / interest rates of the securities in which the scheme invests fluctuate, the value of your investment in the scheme may go up or down. Past performance of the Sponsor/AMC/Mutual Fund does not guarantee future performance of the scheme. AIG Monthly Income Plan is the name of the scheme and does not in any manner indicate either the quality of the scheme or its future prospects and returns. The sponsor is not responsible or liable for any loss resulting from the operation of the scheme beyond the initial contribution of ` 1 lakh made by it towards setting up the Fund. This scheme is not a guaranteed or assured return scheme. In addition, the scheme does not guarantee or assure any dividend and also does not guarantee or assure that it will make any dividend distribution, though it has every intention to make the same in the dividend option. All dividend distributions will be subjected to the investment performance of the Scheme. Standard Observation No. 2

Scheme Specific Risk Factors: Risk Associated with Fixed Income and Money Market Instruments

Interest rate risk:

As with all debt securities, changes in interest rates may affect the NAV of the Scheme since the price of a fixed income instrument falls when the interest rates move up and vice a versa. The effect is more prominent when the duration of the instrument is higher. Hence the NAV movement of the Scheme consisting of predominantly fixed income securities is likely to have inverse correlation with the movement in interest rates. In case of a floating rate instrument, this risk is lower as a result of periodic reset of the coupon. Spread risk: Though the sovereign yield curve might remain constant, investments in corporate bonds are exposed to the risk of spread widening between corporate bonds and gilts. Typically, if this spread widens, the prices of the corporate bonds tend to fall and so could the NAV of the Scheme. Similar risk prevails for the investments in the floating rate bonds, where the benchmark might remain unchanged, but the spread over the benchmark might vary. In such an event, if the spread widens, the price and the NAV could fall. Credit or default risk: This refers to inability of the issuer of the debt security to make timely payments of principal and / or interest due. It is reflected in the credit rating of the issuer. Hence if the credit rating of the issuer is downgraded, the price of the security will suffer a loss and the NAV will fall. Credit risk factors pertaining to lower rated securities also apply to lower rated zero coupon and deferred interest kind bonds. Lower rated zero coupon and deferred interest kind bonds carry an additional risk in that, unlike bonds that pay interest through the period of maturity, the Scheme by investing in these bonds will realize no cash till the cash payment date and if the issuer defaults, the Scheme may obtain no return on its investment. Separately, underlying assets in securitised debt may assume different forms and the general types of receivables include auto finance, credit cards, home loans or any such receipts. Credit risks relating to such receivables depend upon various factors, including macro-economic factors of these industries and economies. Specific factors like nature and adequacy of property mortgaged against these borrowings, nature of loan agreement / mortgage deed in case of home loans, adequacy of documentation in case of auto finance and home loans, capacity of a borrower to meet his obligations on borrowings in case of credit cards and intentions of the borrower influence the risks relating to asset borrowings underlying securitised debt. Liquidity risk: This represents the possibility that the realised price from selling the security might be lesser than the valuation price as a result of illiquid market. If a large outflow from the Scheme is funded by selling some of the illiquid securities, the NAV could fall even if there is no change in interest rates. Illiquid securities are typically quoted at a higher yield than the liquid securities and have higher bid offer spreads. Investment in illiquid securities results in higher current yield for the portfolio. Liquidity risk is a characteristic of the Indian fixed income market today. In addition, money market securities, while fairly liquid, lack a well-developed secondary market, which may restrict the selling ability of the Scheme and may lead to the Scheme incurring losses till the security is finally sold. Reinvestment risk: This is associated with the fact that the intermediate cash flows (coupons, prepayment of principal in case of securitised transactions or principal payment in case a security gets called or repurchased) may not be reinvested at the same yield as assumed in the original calculations. In case of securitized debt, changes in market interest rates and pre payments may not change the absolute amount of receivables for the investors but may have an impact on the re-investment of the periodic cash flows that an investor receives on securitized papers. 3

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The performance of the Scheme may be affected by changes in Government policies, general levels of interest rates and risks associated with trading volumes, liquidity and settlement systems.

Settlement risk: Different segments of Indian financial markets have different settlement periods and such periods may be extended significantly by unforeseen circumstances. Delays or other problems in settlement of transactions could result in temporary periods when the assets of the Scheme are uninvested and no return is earned thereon. The inability of the Scheme to make intended securities purchases, due to settlement problems, could cause the Scheme to miss certain investment opportunities. Similarly, the inability to sell securities held in the Scheme portfolio, due to the absence of a well developed and liquid secondary market for debt securities, may result at times in potential losses to the Scheme in the event of a subsequent decline in the value of securities held in the Schemes portfolio. Market risk: Lower rated or unrated securities are more likely to react to developments affecting the market and the credit risk than the highly rated securities which react primarily to movements in the general level of interest rates. Lower rated or unrated securities also tend to be more sensitive to economic conditions than higher rated securities. Pre-payment risk: This is most relevant to securitized debt and is further also highlighted in risk factors associated with investing in securitized debt in the following pages. In the event of pre-payment of the underlying debt, investors may be exposed to changes in tenor and yield. In addition to the factors that affect the values of securities, the NAV of Units of the Scheme will fluctuate with the movement in the broader fixed income, money market and derivatives market and may be influenced by factors influencing such markets in general including but not limited to economic conditions, changes in interest rates, price and volume volatility in the bond markets, changes in taxation, currency exchange rates, foreign investments, political, economic or other developments and closure of the stock exchanges. Investments in different types of securities are subject to different levels and kinds of risk. Accordingly, the Schemes risk may increase or decrease depending upon its investment pattern. For example, investments in corporate bonds carry a higher level of risk than investments in Government securities. Further, even among corporate bonds, bonds which have a higher rating are comparatively less risky than bonds which have a lower rating

Equity and equity related risk

Equity instruments carry both company specific and market risks and hence no assurance of returns can be made for these investments. The value of the Schemes investments may be affected by factors affecting the securities markets such as price and volume volatility in the capital markets, interest rates, currency exchange rates, changes in law/policies of the Government, taxation laws and political, economic or other developments which may have an adverse bearing on individual securities, a specific sector or all sectors. Consequently, the NAV of the Units of the Scheme may be affected.

Investments in equity and equity related securities involve a degree of risk and investors should not invest in the Scheme unless they can afford to take the risk of losing their investment. The liquidity and valuation of the Schemes investments due to its holdings of unlisted securities may be affected if they have to be sold prior to the target date of disinvestment. The tax benefits described in this Scheme Information Document are as available under the prevailing taxation laws. Investors / Unit Holders should be aware that the relevant fiscal rules or their interpretation may change. As is the case with any investment, there can be no guarantee that the tax position or the proposed tax position prevailing at the time of an investment in the Scheme will endure indefinitely. In view of the individual nature of tax consequences, each Unit Holder is advised to consult his / her / their own professional tax advisor. The liquidity of the scheme is inherently restricted by trading volumes in securities in which it invest.

Risk Associated with Derivatives

Standard Observation No. 5 Derivatives product are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to the investor. Execution of such strategies depends upon the ability of the fund manager to identify such opportunities. Identification and execution of the strategies to be pursued by the fund manager involve uncertainty and decision of fund manager may not always be profitable. No assurance can be given that the fund manager will be able to identify or execute such strategies. The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities and other traditional investments. As and when the Scheme trades in derivative products, there are risk factors and issues concerning the use of derivatives that investors should understand. Derivatives require the maintenance of adequate controls to monitor the transactions and the embedded market risks that a derivative adds to the portfolio. Besides the price of the underlying asset, the volatility, tenor and interest rates affect the pricing of derivatives. 4

Securities which are not quoted on the stock exchanges are inherently illiquid in nature and carry a larger liquidity risk in comparison with securities that are listed on the exchanges or offer other exit options to the investors, including put options. The AMC may choose to invest in unlisted securities that offer attractive yields within the regulatory limit. This may however increase the risk of the portfolio. Investment decisions made by the Investment Manager may not always be profitable.

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Equity securities and equity related securities are volatile and prone to price fluctuations on a daily basis. The liquidity of investments made in the Scheme may be restricted by trading volumes and settlement periods. Settlement periods may be extended significantly by unforeseen circumstances. The inability of the Scheme to make intended securities purchases due to settlement problems could cause the Scheme to miss certain investment opportunities. Similarly, the inability to sell securities held in the Schemes portfolio may result, at times, in potential losses to the Scheme, should there be a subsequent decline in the value of securities held in the Schemes portfolio.

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Other risks in using derivatives include but are not limited to: (a) Credit Risk this occurs when a counterparty defaults on a transaction before settlement and therefore, the Scheme is compelled to negotiate with another counter party, at the then prevailing (possibly unfavorable) market price, in order to maintain the validity of the hedge. For exchange traded derivatives, the risk is mitigated as the exchange provides a guaranteed settlement but one takes the performance risk on the exchange. (b) Market Liquidity risk where the derivatives cannot be sold (unwound) at prices that reflect the underlying assets, rates and indices. (c) Model Risk, the risk of mispricing or improper valuation of derivatives. Trading in derivatives carry a high degree of risk although they are traded at a relatively small amount of margin which provides the possibility of great profit or loss in comparison with the principal investment amount. The Scheme may find it difficult or impossible to execute derivative transactions in certain circumstances. For example, when there are insufficient bids or suspension of trading due to price limit or circuit breakers, the Scheme may face a liquidity issue. The Scheme bears a risk that it may not be able to correctly forecast future market trends or the value of assets, indexes or other financial or economic factors in establishing derivative positions for the Scheme. The derivatives market in India is nascent and does not have the volumes that may be seen in other developed markets, which may result in volatility in the values. Interest Rate Swaps (IRS) are highly specialized instruments that require investment technique and risk analysis different from those associated with equity shares and other traditional securities. The use of a IRS requires not only an understanding of the referenced asset, reference rate, or index but also of the swap itself, without the benefit of observing the performance of the swap under all possible market conditions. Swap agreements are also subject to liquidity risk, which exists when a particular swap is difficult to purchase or sell. Swap agreements may be subject to pricing risk, which exists when a particular swap becomes extraordinarily expensive (or cheap) relative to historical prices or the prices of corresponding cash market instruments. IRS agreements are also subject to counterparty risk on account of insolvency or bankruptcy or failure of the counterparty to make required payments or otherwise comply with the terms of the agreement. Risk Associated with Short Selling and Securities lending The risks in lending portfolio securities, as with other extensions of credit, consist of the failure of another party, in this case the approved intermediary, to comply with the terms of agreement entered into between the lender of securities i.e. the Scheme and the approved intermediary. Such failure to comply can result in the possible loss of rights in the collateral put up by the borrower of the securities, the inability of the approved intermediary to return the securities deposited by the lender and the possible loss of any corporate benefits accruing to the lender from the securities deposited with the approved intermediary. The Mutual Fund may not be able to sell such lent securities and this can lead to temporary illiquidity. Risk Factors Associated with Overseas Investment

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Subject to necessary approvals and within the investment objective of the Scheme, the Scheme may invest in overseas markets which carry risks related to fluctuations in the foreign exchange rates, the nature of the securities market of the country, repatriation of capital due to exchange controls and political circumstances. It is the AMCs belief that investment in foreign securities offer new investment and portfolio diversification opportunities into multimarket and multi-currency products. However, such investments also entail additional risks. Such investment opportunities may be pursued by the AMC provided they are considered appropriate in terms of the overall investment objective of the Scheme. Since the Scheme may invest only partially in overseas securities, there may not be readily available and widely accepted benchmarks to measure performance of the Scheme. To manage risks associated with foreign currency and interest rate exposure, the Fund may use derivatives for efficient portfolio management including hedging and in accordance with conditions as may be stipulated under the Regulations or by the RBI from time to time. Overseas investments will be made subject to any/all approvals, conditions thereof as may be stipulated under the Regulations or by RBI and provided such investments do not result in expenses to the Fund in excess of the ceiling on expenses prescribed by and consistent with costs and expenses attendant to international investing. The Fund may, where necessary, appoint other intermediaries of repute as advisors, custodian/sub-custodians etc. for managing and administering such investments. The appointment of such intermediaries shall be in accordance with the applicable requirements of SEBI and within the permissible ceilings of expenses. The fees and expenses would illustratively include, besides the investment management fees, custody fees and costs, fees of appointed advisors and sub-managers, transaction costs and overseas regulatory costs. To the extent that the assets of the Scheme will be invested in securities denominated in foreign currencies, the Indian Rupee equivalent of the net assets, distributions and income may be adversely affected by changes in the value of certain foreign currencies relative to the Indian Rupee. The repatriation of capital to India may also be hampered by changes in regulations concerning exchange controls or political circumstances as well as the application to it of other restrictions on investment. An asset-backed security (ABS) is a type of debt security that is based on pools of assets, or collateralized by the cash flows from a specified pool of underlying assets. Assets are pooled to make otherwise minor and uneconomical investments worthwhile, while also reducing risk by diversifying the underlying assets. Securitization makes these assets available for investment to a broader set of investors. These asset pools can be made of any type of receivable from the common, like credit card payments, auto loans, and mortgages, to esoteric cash flows such as aircraft leases, royalty payments and movie revenues. Typically, the securitized assets might be highly illiquid and private in nature.

Risk associated with investing in securitised debt

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Standard Observation No. 6

Standard Observation No. 3

Mortgage-backed security (MBS) is an asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans. Securitization is the process of creating asset-backed securities by transferring assets from the issuing company to a bankruptcy remote entity created specifically for this purpose. The bankruptcy remoteness allows an investor to take on credit risk of the underlying asset without taking on specific corporate credit risk of the originator. The tranching of these securities into instruments with different risk/return profiles facilitates marketing of the bonds to investors with different risk appetites and investing time horizons. Credit enhancement is an integral component of this process as it can help create a security that has a high rating. A significant advantage of asset-backed securities is that they bring together a pool of financial assets that otherwise could not easily be traded in their existing form. By pooling together a large portfolio of these illiquid assets they can be converted into instruments that may be offered and sold freely in the capital markets. Their bankruptcy remoteness allows the investor to take on credit risk of the asset without taking on specific corporate credit risk of the originator. The tranching of these securities into instruments with different risk/return profiles facilitates marketing of the bonds to investors with different risk appetites and investing time horizons. In India, there are broadly two types of securitized debt currently available for investments. Asset-backed securities backed by a pool of loans and securitization of a loan given to a particular company by a bank or non-bank finance company, popularly known as Single-Loan sell downs. Some of the risks relevant to pass-through-certificates (Certificates) are given hereunder. These are the principal risks and does not represent that the statement of risks set out hereunder is exhaustive. Credit Risk: The credit risk in both these types of pass-through-certificates is vastly different. ABS/MBS transactions are pools of retail loans of one or more asset classes mentioned above with credit enhancement typically in the form of cash set aside to arrive at a pre-determined rating. The behavior of each asset class in ABS transactions can be different, thereby having varying credit risk characteristics. A pool of residential mortgages typically is supposed to have lower default rate. On the other hand, repossession and subsequent recovery of commercial vehicles and other auto assets is fairly easier and better compared to mortgages. Some of the asset classes such as personal loans, credit card receivables etc., being unsecured credits in nature, may witness higher default rates. The size and structure of the credit enhancement is determined by asset class, loss assumptions, issuers origination and collections capabilities among other things. These pools comprise of loans given to thousands of individual and hence do not typically have any concentration risk. The rating agencies have an elaborate system of stipulating margins, over collateralization and guarantee to bring risk limits in line with other similar rated securities. For example, the credit enhancement stipulated by rating agencies for riskier asset class pools is typically much higher and hence their overall risks are made comparable to other similar rated asset classes. Before making any investments in ABS, the asset management company will make its own assessment on the creditworthiness of the transaction, evaluating the asset class risk, originators origination and servicing capabilities, quality of the pool and the overall portfolio risk. The AMC will utilize in-house capabilities as well as external research in making such an assessment. In contrast, single-loan sell downs are backed by an exposure to a single identifiable corporate, and hence the ability of the underlying issuer to repay the loan in a timely manner is the single largest determinant of the credit risk. Investments in such transactions, will be done in a similar manner as that for other debt securities, and exposure will only be taken to structures where the underlying issuer, as well as the identified originator and servicer to such transactions is from the approved list of companies. Limited Liquidity & Price Risk: There is no assurance that a deep secondary market will develop for the Certificates. This could limit the ability of the investor to resell them. Securitized debt instruments are relatively illiquid in the secondary market and hence they are generally held to maturity. The liquidity risk and HTM nature is taken into consideration at the time of analyzing the appropriateness of the securitization.

Limited Recourse, Delinquency and Credit Risk:

The Credit Enhancement stipulated represents a limited loss cover to the Investors. These Certificates represent an undivided beneficial interest in the underlying receivables and do not represent an obligation of either the Issuer or the Seller or the originator, or the parent or any affiliate of the Seller, Issuer and Originator. No financial recourse is available to the Certificate Holders against the Investors Representative.

Delinquencies and credit losses may cause depletion of the amount available under the credit enhancement and thereby the Investor Payouts to the Certificate Holders may get affected if the amount available in the Credit Enhancement facility is not enough to cover the shortfall. On persistent default of an Obligor to repay his obligation, the Servicer may repossess and sell the Asset. However many factors may affect, delay or prevent the repossession of such Asset or the length of time required to realize the sale proceeds on such sales. In addition, the price at which such Asset may be sold may be lower than the amount due from that Obligor. In addition to careful scrutiny of credit profile of borrower/pool additional security in the form of adequate cash collaterals and other securities may be obtained to ensure that they all qualify for similar rating. Risks due to possible prepayments and charge-offs In the event of prepayments, investors may be exposed to changes in tenor and yield. Also, any charge-offs would result in the alteration in the tenor of the pass-through-certificates. A certain amount of prepayments is assumed in the cash flows at the time of investments. Further a stress case estimate is calculated and additional margins are built in, based on historical trends and estimates.

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Risk of co-mingling of funds With respect to the Certificates, the Servicer will deposit all payments received from the Obligors into the Collection Account. However, there could be a time gap between collection by a Servicer and depositing the same into the Collection account especially considering that some of the collections may be in the form of cash. In this interim period, collections from the Loan Agreements may not be segregate from other funds of originator. If originator in its capacity as Servicer fails to remit such funds due to Investors, the Investors may be exposed to a potential loss. Due care is normally taken to ensure that the Servicer enjoys highest credit rating on standalone basis to minimize co-mingling risk. Credit Rating of the Transaction / Certificate The credit rating is not a recommendation to purchase, hold or sell the Certificate in as much as the ratings do not comment on the market price of the Certificate or its suitability to a particular investor. There is no assurance by the rating agency either that the rating will remain at the same level for any given period of time or that the rating will not be lowered or withdrawn entirely by the rating agency. RISK MITIGATION MEASURES Risk Mitigation Measures for Fixed Income Portion of the portfolio The investment team of the AMC takes an active view on the key drivers affecting interest rate scenario. Investment views / decisions will be based on an analysis of macroeconomic and other relevant factors to estimate the direction of interest rates and level of liquidity, in an attempt to optimize the risk adjusted returns on the portfolio. Portfolios are rebalanced on a dynamic basis as per the objective of the scheme to optimize returns whilst managing risks at all points in time. The credit quality of the portfolio is maintained and monitored using in-house research capabilities as well as inputs from external sources such as independent credit rating agencies.

To achieve this, an internal Investment Committee meets regularly to provide overall guidance for the investment management process. The committee periodically reviews investment strategies and adherence to scheme objectives and restrictions. The Investment Committee periodically reviews the investment strategies and philosophy and adherence to all scheme parameters. Risk Mitigation Measures for Equity Portion of the portfolio The investment team of the AMC follows a comprehensive equity investment process. Our core investment philosophy of bottom up stock selection helps us identify fundamentally strong companies. It helps us to look at the companys business model, categorize it according to its economic growth cycle, test the companys valuations, do the consensus check with the sell side analysts and finally rank the company. In short this process ensures a comprehensive review of all the companies in the investment universe. There are systems and procedures in place to monitor Regulatory and internal limits on a regular basis. Further, the internal Investment committee meets regularly to provide overall guidance for the investment management process. The committee periodically reviews investment strategies and adherence to scheme objectives and restrictions.

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REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME

The Scheme shall have a minimum of 20 investors and no single investor shall account for more than 25% of the corpus of the Scheme. However, if such limit is breached during the NFO of the Scheme, the Fund will endeavour to ensure that within a period of three months or the end of the succeeding calendar quarter from the close of the NFO of the Scheme, whichever is earlier, the Scheme complies with these two conditions. In case the Scheme does not have a minimum of 20 investors in the stipulated period, the provisions of Regulation 39(2) (c) of the SEBI (MF) Regulations would become applicable automatically without any reference from SEBI and accordingly the Scheme shall be wound up and the units would be redeemed at applicable NAV. The two conditions mentioned above shall also be complied within each subsequent calendar quarter thereafter, on an average basis, as specified by SEBI. If there is a breach of the 25% limit by any investor over the quarter, a rebalancing period of one month would be allowed and thereafter the investor who is in breach of the rule shall be given 15 days notice to redeem his exposure over the 25 % limit. Failure on the part of the said investor to redeem his exposure over the 25 % limit within the aforesaid 15 days would lead to automatic redemption by the Mutual Fund on the applicable Net Asset Value on the 15th day of the notice period. The Fund shall adhere to the requirements prescribed by SEBI from time to time in this regard. SPECIAL CONSIDERATIONS 1. Investors are urged to study the terms of the Scheme Information Document carefully before investing in this Scheme, and to retain this Scheme Information Document for future reference.

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2. Any tax liability arising post redemption on account of change in the tax treatment with respect to dividend distribution tax, by the tax authorities, shall be solely borne by the investor and not by the AMC, the Trustees or the Mutual Fund Investors in the Scheme are not being offered any guaranteed returns. Investors are advised to consult their Legal /Tax and other Professional Advisors in regard to tax/legal implications relating to their investments in the Scheme and before making decision to invest in the Scheme or redeem the Units in the scheme.

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Whilst all risks such as interest rate risk, liquidity risk, default risk, reinvestment risk, etc. cannot be eliminated, they may be minimized through diversification, research and effective use of hedging techniques. The AMC would incorporate adequate safeguards to minimize abovementioned risks in the portfolio construction and management process.

3. Prevention of Money Laundering In terms of the Prevention of Money Laundering Act, 2002, the Rules issued there under and the guidelines / circulars issued by SEBI regarding the Anti-Money Laundering (AML Laws), all intermediaries, including Mutual Funds, have to formulate and implement a client identification programme, verify and maintain the record of identity and address(es) of Investors. If after due diligence, the AMC believes that any transaction is suspicious in nature as regards money laundering, failure to provide required documentation, information, etc. the AMC shall have absolute discretion to report such suspicious transactions to FIU - IND and / or to freeze the folios of the investor(s), reject any application(s)/allotment of Units and effect mandatory redemption of Unit holdings of the investor(s) at the applicable NAV subject to payment of exit load, if any.

D. DEFINITIONS In this Scheme Information Document, the following words and expressions shall have the meaning specified herein, unless the context otherwise requires: AIG Capital Corporation / AIGCC The Sponsor of AIG Global Investment Group Mutual Fund. AMFI Certified Stock Exchange A person who is registered with AMFI as Mutual Fund Advisor and who has signed up with AIG Brokers Global Asset Management Company (India) Private Limited and also registered with BSE & NSE as Participant. Applicable NAV NAV applied for applications for Purchases /Redemptions/ Switches, accepted during the Ongoing Offer Period at the Designated Collection Centres of the Fund on a Business Day based on the cut-off time and fulfillment of other relevant conditions pertaining to the Scheme. Application Form / Key A form to be used by an investor to open a folio and/ or Purchase Units in the Scheme. Information Memorandum Application Supported by Blocked Amount Asset Management Company / AMC / Investment Manager ASBA is an application containing an authorization by the investor to a Self Certified Syndicate Bank (SCSB) to block the application money in the bank account maintained with the SCSB, for subscribing to a New Fund Offer. AIG Global Asset Management Company (India) Private Limited, an asset management company set up under the Companies Act 1956, having its registered office at 604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G.K.Marg, Lower Parel, Mumbai 400 013 and authorised by SEBI to act as the Asset Management Company / Investment Manager to the scheme of the AIG Global Investment Group Mutual Fund. The time during which the Asset Management Company would temporarily suspend sale, redemption and switching of Units. The Bombay Stock Exchange (BSE) is a stock exchange located in Mumbai and is the oldest stock exchange in Asia. Bombay Stock Exchange Platform for Allotment and Redemption of Mutual Fund (BSE StAR MF) is a platform launched by BSE to accept both physical applications and those in Demat form. A day not being: 1. Saturday and Sunday; 2. A day when the money markets are closed/ not accessible; 3. A day on which both Bombay Stock Exchange and the National Stock Exchange of India Limited are closed; 4. A day on which Purchase and Redemption of Units is suspended or a book closure period is announced by the Trustee / AMC;

Book closure BSE BSE StAR MF Business Day

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6. 7. Continuous Offer/Ongoing Offer

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5. A day on which normal business cannot be transacted due to storms, floods, bandhs, strikes or such other events as the AMC may specify from time to time; A day on which banks in Mumbai or Reserve Bank of India (RBI) is closed; or A day on which there is no RBI clearing or settlement of securities.

Provided that the days when the banks in any location where the AMCs Investor Service Centres are located are closed due to a local holiday, such days will be treated as non Business Days at such centres. However, if the Investor Service Centre in such locations is open on such local holidays, then redemption and switch requests will be accepted at those centres, provided it is a Business Day for the Scheme on an overall basis. Notwithstanding the above, the AMC reserves the right to change the definition of Business Day and to declare any day as a Business Day or otherwise at any or all ISCs. Offer of Units when the Scheme becomes available for subscription, after the closure of the New Fund Offer.

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Collection Banks Contingent Deferred Sales Charge

The bank(s) with which the AMC has entered into/may enter into an agreement, from time to time, to enable investors to deposit their applications for Units during the NFO. A charge to the Unit Holder upon exiting (by way of Redemption/Switch-out) based on the period of holding of Units. The Regulations provide that a CDSC may be charged only for a no-Load Scheme and only for the first four years after the Purchase and caps the percentage of NAV that can be charged in each year. Citibank, N.A, Mumbai registered under the SEBI (Custodian of Securities) Regulations, 1996, or any other custodian who is approved by the Trustee. Cut off timing, in relation to an investor making an application to a mutual fund for purchase or sale of units, shall mean the outer limits of timings within a particular day as prescribed by SEBI which are relevant for determination of the NAV that is to be applied for the transaction. Demat account is a safe and convenient means of holding securities just like a bank account is for funds. Depository Participant is described as an agent of the depository. It acts as an intermediary between the depository and the investors. During the NFO and on an ongoing basis: AMC, ISCs, Branches of Collection Bank(s) and such other collection centers as designated by the AMC where the applications shall be received. The names and addresses of the Designated Collection Centers are mentioned in the Application Form. A Load charged to an investor on Purchase/Switch-in of Units based on the amount of investment or any other criteria decided by the AMC. A Load (other than CDSC) charged to the Unit Holder on exiting (by way of Redemption/Switchout) based on period of holding, amount of investment or any other criteria decided by the AMC. An entity registered with SEBI under the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995 as amended from time to time. A mutual fund scheme that invests primarily in other scheme of the same mutual fund or other mutual funds. AIG Global Investment Group Mutual Fund, a Trust settled by AIG Capital Corporation and registered with SEBI under the Regulations, vide Registration No. MF/054/07/02 dated February 9, 2007. The agreement dated December 15, 2006 entered into between AIG Trustee Company (India) Private Limited and the AIG Global Asset Management Company (India) Private Limited, as amended from time to time. Mutual Fund Service System (MFSS) is a platform launched by NSE to accept Mutual Fund applications in Demat as well as physical mode. SIPs upto ` 50,000/- per year per investor i.e. aggregate of installments in a rolling 12 month period or in a financial year shall be referred to as Micro SIP. Net Asset Value of the Units of the Scheme (including options thereunder) calculated in the manner provided in this Scheme Information Document or as may be prescribed by the Regulations from time to time. The offer for Purchase of Units at the inception of the Scheme, available to the investors during the NFO Period. The period being ________ 2011 to ________, 2011 subject to extension, if any. A person resident outside India who is a citizen of India or is a person of Indian origin as per the meaning assigned to the term under the Foreign Exchange Management (Investment in Firm or Proprietary Concern in India) Regulations, 2000. National Stock Exchange of India operates on an electronic market that allows trades to be made on its automated system. The exchange was established in 1992 and has grown to be the countrys largest securities exchange Offer of Units under the Scheme when it becomes open ended after the closure of the New Fund Offer Period. The period during which the Ongoing Offer for subscription to the Units of the Scheme is made. Person of Indian Origin means a citizen of any country other than Bangladesh or Pakistan, if (a) he at any time held an Indian passport; or (b) he or either of his parents or any of his grand parents was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955); or (c) the person is a spouse of an Indian citizen or a person referred to in sub-clause (a) or (b). 9

Custodian Cut-off time

Demat Account Depository Participant Designated Collection Centers / Official Points of Acceptance

Exit Load Foreign Institutional Investors Fund of Funds Fund / Mutual Fund

Investment Management Agreement

Mutual Fund Service System Micro SIP Net Asset Value

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New Fund Offer New Fund Offer Period / NFO Period Non Resident Indian NSE Ongoing Offer Ongoing Offer Period Person of Indian Origin

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Entry Load

Purchase / Subscription Purchase Price Redemption Redemption Price Registrar Repo/ reverse Repo Scheme Scheme Information Document

Purchase of / Subscription to Units by an investor from the Fund. The price (being Applicable NAV) at which the Units can be purchased and calculated in the manner provided in this Scheme Information Document. Repurchase of Units by the Fund from a Unit Holder. The price (being Applicable NAV minus Exit Load / CDSC, if any) at which the Units can be redeemed and calculated in the manner provided in this Scheme Information Document. Computer Age Management Services Private Limited (CAMS), appointed as the registrar and transfer agent for the Scheme, or any other registrar that may be appointed by the AMC. Sale/ Purchase of securities with a simultaneous agreement to repurchase/ sell them at a later date. AIG Monthly Income Plan, an open ended income scheme. This document issued by AIG Global Investment Group Mutual Fund offering Units of AIG Monthly Income Plan for subscription. Any modifications to the Scheme Information Document will be made by way of an addendum which will be attached to Scheme Information Document. On issuance of an addendum, the Scheme Information Document will be deemed to be updated by the addendum. Self Certified Syndicate Bank or SCSB is a Bank registered under SEBI (Bankers to an Issue) Regulations, 1994 which offers the service of making Applications Supported by Blocked Amount and is recognized as such by SEBI. SCSB are official collection centers for ASBA applications during NFOs. The list of banks that have been notified by SEBI to act as a SCSB for the ASBA process as provided on SEBIs website www.sebi.gov.in, website of BSE at www.bseindia.com and website of NSE at www.nseindia.com. Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 as amended from time to time, including by way of circulars or notifications issued by SEBI and the Government of India. AIGCC, being the Settler of AIG Global Investment Group Mutual Fund. The Statement of additional information (SAI) contains details of AIG Global Investment Group Mutual Fund, its constitution, and certain tax, legal and general information. It is incorporated by reference (is legally a part of the Scheme Information Document). Stock Exchange means a Stock Exchange which is for the time being, recognised under the Securities Contracts (Regulation) Act,1956. Sale of a unit in one Scheme/ Plan/ Option against purchase of a unit in another Scheme/ Plan/ Option. A plan enabling investors to save and invest in the Scheme on a monthly or quarterly basis by submitting post-dated cheques/payment instructions. A plan enabling Unit Holders to transfer sums on a weekly/ fortnightly / monthly basis from the Scheme to other scheme launched by the Fund from time to time by giving a single instruction. A plan enabling Unit Holders to withdraw amounts from the Scheme on a monthly or quarterly basis by giving a single instruction. A form meant to be used by Unit Holders seeking additional Purchase or Redemption of Units in the Scheme, change in bank account details, switch-in or switch-out and such other facilities offered by the AMC as mentioned in Transaction Slips. AIG Trustee Company (India) Private Limited, a company set up under the Companies Act 1956, to act as the Trustee to AIG Global Investment Group Mutual Fund. The Trust Deed dated December 15, 2006 executed by and between the Sponsor and the Trustee establishing the AIG Global Investment Group Mutual Fund, as amended from time to time. Amounts settled / contributed by the Sponsor towards the corpus of AIG Global Investment Group Mutual Fund and additions / accretions thereto. The interest of an investor, which consists of one undivided share in the net assets of the Scheme. A person holding Units of the Scheme of AIG Global Investment Group Mutual Fund offered under this Scheme Information Document. Business Day

Self Certified Syndicate Banks

SEBI Regulations / Regulations Sponsor Statement of Additional Information Stock Exchange Switch

Systematic Investment Plan Systematic Transfer Plan

Systematic Withdrawal Plan Transaction Slip

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Trustee / Trustee Company Trust Deed Trust Fund Unit Unit Holder or Investor Valuation Day ABBREVIATIONS ADR AIGCC

In this Scheme Information Document, the following abbreviations have been used: American Depository Receipt AIG Capital Corporation, the Sponsor of AIG Global Investment Group Mutual Fund 10

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AIGCI AMC AMFI AOP ASBA BOI BSE BSE StAR MF CBLO CDSC CDSL ECS EFT ETF FII FOF GDR HUF IMA ISC KIM KYC MFSS NAV NFO NRI NSDL NSE PIO POA RBI RTGS SEBI SEBI Act NEFT SAI SCSB SI SID SIP STP SWP

AIG Capital India Private Limited Asset Management Company Association of Mutual Funds in India Association of Persons Application Supported by Blocked Amount Body of Individuals The Bombay Stock Exchange Limited Bombay Stock Exchange Platform for Allotment and Redemption of Mutual Fund Unit Collateralised Borrowing and Lending Obligation Contingent Deferred Sales Charge Central Depository Services (India) Limited Electronic Clearing System Electronic Funds Transfer Exchange Traded Fund Foreign Institutional Investor Fund of Funds Global Depository Receipt Hindu Undivided Family Investment Management Agreement Investor Service Centre Key Information Memorandum Know Your Customer Mutual Fund Service System Net Asset Value New Fund Offer Non-Resident Indian National Securities Depository Limited. National Stock Exchange of India Limited Persons of Indian Origin Power of Attorney Reserve Bank of India Real Time Gross Settlement Securities and Exchange Board of India established under the SEBI Act, 1992 Securities and Exchange Board of India Act, 1992 National Electronic Funds Transfer Statement of Additional Information Self Certified Syndicate Bank Standing Instructions Scheme Information Document Systematic Investment Plan Systematic Transfer Plan Systematic Withdrawal Plan

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INTERPRETATION

For all purposes of this Scheme Information Document, except as otherwise expressly provided or unless the context otherwise requires: The terms defined in this Scheme Information Document include the plural as well as the singular. Pronouns having a masculine or feminine gender shall be deemed to include the other. All references to US$ refer to United States Dollars and ` refer to Indian Rupees. A Crore means ten million and a Lakh means a hundred thousand. References to times of day (i.e. a.m. or p.m.) are to Mumbai (India) times and references to a day are to a Calendar day including non Business Day.

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E.

DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY It is confirmed that: (i) the draft Scheme Information Document forwarded to SEBI is in accordance with the SEBI (Mutual Funds) Regulations, 1996 and the guidelines and directives issued by SEBI from time to time. (ii) all legal requirements connected with the launching of the scheme as also the guidelines, instructions, etc., issued by the Government and any other competent authority in this behalf, have been duly complied with. (iii) the disclosures made in the Scheme Information Document are true, fair and adequate to enable the investors to make a well informed decision regarding investment in the proposed scheme. (iv) the intermediaries named in the Scheme Information Document and Statement of Additional Information are registered with SEBI and their registration is valid, as on date. For AIG Global Asset Management Company (India) Private Limited

Date: July 22, 2011 Place: Mumbai

Signature: Sd/Name: Sonal Barot Designation: Head Compliance & Company Secretary

Note: The Due Diligence Certificate as stated above was submitted to SEBI.

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II INFORMATION ABOUT THE SCHEME

A. TYPE OF THE SCHEME An Open Ended Income Scheme. (Monthly Income is not assured and is subject to availability of distributable surplus.) B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME? AIG Monthly Income Plan seeks to generate regular income through investments in fixed income securities along with capital appreciation through exposure to equity and equity related securities. There is no assurance that the objective of the scheme will be realized and the scheme does not assure or guarantee any returns. (Monthly Income is not assured and is subject to availability of distributable surplus.) C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS? Under normal circumstances, it is anticipated that the asset allocation shall be as follows: Instrument Debt* & Money market securities Equity and Equity related securities Indicative allocation (% of total assets) Minimum Maximum 70 100 0 30 Risk Profile High/Medium/Low Low to Medium Medium to High Standard Observation No. 14

The scheme for diversification may also invest in foreign equity securities as well as ADRs/GDRs of Indian companies in accordance with the Regulations. The scheme may invest in IDRs. Subject to the Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities and applicable regulations. It must be clearly understood that the percentage stated above is only indicative and not absolute and that they can vary substantially depending upon the perception of the Investment Manager, the intention being at all times to seek to protect the interests of the unitholders. Such changes in the investment pattern will be for short term and for defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized.

Disclosure pursuant to SEBIs communication dated August 25, 2010 w.r.t. investments in Securitised debt: 1. Risk profile of securitized debt vis--vis risk appetite of the scheme: An evaluation procedure similar to that applied in analyzing other debt category [commercial paper, non-convertible debentures, bonds etc] will be employed for analyzing securitized debt and assessing their eligibility for the particular scheme and the portfolio. We will also analyze the risk profile in such instruments so that they are in line with other debt category and schemes investment objectives from a risk perspective for the various investing schemes. Further as a prudent measure of risk control, investment in securitized debt will not exceed 25% of the net assets of the Scheme.

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Track record Willingness to pay Ability to pay

2. Policy relating to originators based on nature of originator, track record, NPAs, losses in earlier securitized debt, etc The evaluation parameters of the originators are as under:

We will ensure that there is adequate past track record of the Originator before selection of the pool including a detailed look at the number of issuances in past, track record of issuances, experience of issuance team, etc. We will also look at the credit profile of the Originator for its own debt. We will normally invest only if the Originators credit rating is at least AA (+/ or equivalent) or above by a credit rating agency recognized by SEBI. As the securitized structure has underlying collateral structure, depending on the asset class, historical NPA trend and other pool / loan characteristics, a credit enhancement in the form of cash collateral, such as fixed deposit, bank guarantee etc. is obtained, as a risk mitigation measure. This assessment will be based on a detailed financial risk assessment. A traditional SWOT analysis will be used for identifying company specific financial risks. One of the most important factors for assessment will be the quality of management based on its past track record and feedback from market participants. In order to assess financial risk a broad assessment of the issuers financial statements will be undertaken to review its ability to undergo stress on cash flows and asset quality. 13

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If permitted by SEBI under extent Regulations / guidelines, the Scheme may also engage in scrip lending to the extent of 20% of the net assets of the Scheme and not more than 5% of the net assets of the Scheme will generally be deployed to any single counter party.

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Standard Observation No. 4 The scheme may trade in the derivatives market (under respective category debt &/or equity) as per the Regulations. The scheme may engage in short selling of securities in accordance with the framework relating to short selling and securities lending and borrowing specified by SEBI.

* Debt securities may include securitized debts not exceeding 25% of the net assets.

Business risk assessment, wherein following factors will be considered: Outlook for the economy (domestic and global) Outlook for the industry Company specific factors In addition a detailed review and assessment of rating rationale will be done including interactions with the company as well as agency. Typically we would avoid investing in securitization transaction (without specific risk mitigant strategies / additional cash/security collaterals/ guarantees) if we have concerns on the following issues regarding the originator / underlying issuer: High default track record/ frequent alteration of redemption conditions / covenants High leverage ratios both on a standalone basis as well on a consolidated level/ group level. This is very important in case of single borrower loan sell down Higher proportion of re-schedulement of underlying assets of the pool or loan Higher proportion of overdue assets of the pool or the underlying loan Poor reputation in market Insufficient track record of servicing of the pool or the loan

3. Risk mitigation strategies for investments with each kind of originator Risk mitigation strategies will depend on each asset class, whether they are unsecured loans or secured, seasoning, collection history, past recovery rates, originators financial profile, servicing performance, etc for each asset class. AIG Global Investment Group Mutual Fund (AIGGIGMF) will invest in pools with AA or above rating by SEBI recognized rating agencies. In addition, some specific risk mitigation measures will include: Risk Credit Risk Mitigation Analysis of originator with respect to past track record, systems and processes, performance of pools, collateral adequacy and disclosure frequency; Analysis of specific pool with respect to nature of underlying asset, seasoning, loan sizes, loan to value ratio, geographical diversity, etc Past track record of handling securitized transactions, disclosure adequacy and frequency Check with rating agency that investors interest is not compromised, specific protection measures like bankruptcy remoteness, etc are built in; Separate in-house legal opinion on transactions Liquidity, Prepayment and Interest Rate Risk Analysis and level of their mitigation through transaction structure and credit enhancements provided

Counterparty Risk Legal Risk Market Risk

4. The level of diversification with respect to the underlying assets and risk mitigation measures for less diversified investments Majority of securitized debt investments shall be in asset backed pools wherein the underlying assets could be Medium and Heavy Commercial Vehicles, Light Commercial Vehicles (LCV), Cars, and Construction Equipment, Mortgages etc. The Fund Manager will invest in securitized debts which are rated is at least AA or above by a credit rating agency recognized by SEBI. While the risks mentioned above cannot be eliminated completely, they may be minimized by considering the diversification of the underlying assets as well as credit and liquidity enhancements. Type of Pool

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Mortgage Loan Up to 120 months In excess of 3% Commercial vehicle and construction equipment Up to 60 months In excess of 5% CAR 90% or lower Minimum 3 months 5% <5% 100% or lower Minimum 6 months 5% <5% 95% or lower Minimum 6 months 1% <1% 14

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2 wheeler Micro Finance Pools Up to 12 months In excess of 10% Up to 60 Up to 60 months months In excess of 5% In excess of 5% 95% or lower Unsecured Minimum 6 months 1% <1% Minimum 1 months <1% <1%

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Approx. average maturity Collateral margin including cash, guarantees, excess interest spread, subordinate tranche Average loan to value ratio Average seasoning of the pool Maximum single exposure range Average single exposure range

Personal Loans

Single Sell Downs

Up to 36 months In excess of 10%

Case by case basis Case by case basis

Unsecured Minimum 2 months <1% <1%

Case by case basis Case by case basis Case by case basis Case by case basis

Note: The information contained is based on current market conditions and may change from time to time. Accordingly our investment strategy, risk mitigation measures and other information may also change in response to the same The fund manager will also take into account following factors, which are analyzed to ensure diversification of risk and measures identified for less diversified investments: Size of the loan: The size of each loan is generally analyzed on a sample basis and an analysis of the static pool of the originator is undertaken to ensure that the same matches with the static pool characteristics. It also indicates whether there is high reliance on very small ticket size borrower which could result in delayed and expensive recoveries. Average original maturity of the pool: The analysis of average maturity of the pool is undertaken to evaluate whether the tenor of the loans are generally in line with the average loans in the respective industry and repayment capacity of the borrower. Default rate distribution: The Fixed Income team generally ensures that all the contracts in the pool are current to ensure zero default rate distribution. Geographical Distribution: The analysis of geographical distribution of the pool is undertaken to ensure prevention of concentration risk. Risk Tranching: Typically, we avoid investing in mezzanine debt or equity of Securitized debt in the form of subordinate tranche, without specific risk mitigant strategies / additional cash / security collaterals/ guarantees, etc. Credit enhancement facility: Credit enhancement facilities in the form of cash collateral, such as fixed deposits, bank guarantee etc could be obtained as a risk mitigation measure. Liquid facility: These parameters will be evaluated based on the asset class as mentioned in the table above Structure of the pool of underlying assets: The structure of the pool of underlying assets would be either single asset class or combination of various asset classes as mentioned in the table. We could add new asset class depending upon the securitization structure and changes in market acceptability of asset classes Investment in the single loan securitization would be done based on the assessment of credit risk associated with the underlying borrower as well as the originator. The Fixed Income team will adhere internal credit process and perform a detailed review of the underlying borrower prior to making investments. 5. Minimum retention period of the debt by originator prior to securitization RBI came out with discussion paper and recommendations on minimum retention period for all securitized debt in mid 2010. Generally, the requirement to keep the originated loans in its own books and observing a minimum servicing of the loan by the borrower should ensure exercise of due diligence by the originating banks. AIGGIGMF will follow RBI guidelines as applicable on the retention period and average seasoning of pool [as per the framework mentioned above]. Minimum retention percentage by originator of debts to be securitized RBI came out with discussion paper and recommendations on minimum retention percentage for all securitized debt in mid 2010. Generally, the requirement to keep a certain percentage of originated loans in its own books should ensure exercise of due diligence by the originating banks. AIGGIGMF will follow RBI guidelines on the retention percentage or collateral margin requirement [as per the framework mentioned above], whichever is applicable. 7. The mechanism to tackle conflict of interest when the mutual fund invests in securitized debt of an originator and the originator in turn makes investments in that particular scheme of the fund

6.

8. The resources and mechanism of individual risk assessment with the AMC for monitoring investment in securitized debt The risk assessment process for securitized debt, as detailed in the preceding paragraphs, is same as any other credit. The investments in securitized debt are done after appropriate research by fund management team. The ratings are monitored for any movement. The resources for and mechanisms of individual risk assessment with the AMC for monitoring investment in securitized debt are as follows: Fixed Income Team Risk assessment and monitoring of investment in Securitized Debt is done by the fixed income team Ratings are monitored for any movement Based on the cash-flow report and analyst view, periodic review of utilization of credit enhancement shall be conducted and ratings shall be monitored accordingly. Wherever the scheme portfolio is disclosed, the AMC may give a comprehensive disclosure of Securitised debt instruments held in line with SEBI requirement. 15

An investment by the scheme in any security is done after detailed analysis by the Fixed Income team and in accordance with the investment objectives and the asset allocation pattern of a scheme. All investments are made on an arms length basis without consideration of any investments (existing/potential) in the schemes made by any party related/involved in the transaction. The robust credit process ensures that there is no conflict of interests when a scheme invests in securitized debt of an originator and the originator in turn makes investments in that particular scheme. Normally the issuer who is securitizing instrument is in need of money and is unlikely to have long term surplus to invest in mutual fund scheme. Furthermore, there is clear cut segregation of duties and responsibilities with respect to investment function and sales function. Investment decisions are being taken independently based on the above mentioned parameters and investment by the originator in the scheme is based on their own evaluation of the scheme vis--vis their investment objective.

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Note: The information contained herein is based on current market conditions and may change from time to time based on changes in such conditions, regulatory changes and other relevant factors. Accordingly, our investment strategy, risk mitigation measures and other information contained herein may change in response to the same. Standard Observation No. 12 POSITION OF DEBT MARKET IN INDIA Indian fixed income market, one of the largest and most developed in South Asia is now well integrated with the global financial markets. Screen based order matching system developed by the Reserve Bank of India (RBI) for trading in government securities, straight through settlement system for the same, settlements guaranteed by the Clearing Corporation of India, interest rate futures (IRFs) and innovative instruments like CBLO have contributed in reducing the settlement risk and increasing the confidence level of the market participants. Initiatives like settlement of corporate bonds through clearing corporations, eligibility of repo in corporate bonds, and the soon to be introduction of credit default swaps (CDS) on corporate bonds are likely to aid in the development of the corporate bond market. Corporate bonds are traded in dematerialised form and institutional investors preference for listed instruments has resulted in most of the bonds getting listed. This has improved the disclosure standards by the issuers. The Union Budget 2011-2012 has raised the overall limit of foreign institutional investors (FIIs) investment in the domestic fixed income market to 50 billion dollars, thereby likely to further attract global investors to the Indian Market. The RBI reviews the monetary policy eight times a year giving the guidance to the market on direction of interest rate movement, liquidity and credit expansion. The central bank has been operating as an independent authority, formulating the policies to maintain price stability and adequate liquidity. Credit rating agencies have been playing an important role in the market and are an important source of information to manage the credit risk. Government (Central and State) is the largest issuer of debt in the market. Public sector enterprises, quasi government bodies and private sector companies are other issuers. Insurance companies, provident funds, banks, mutual funds, financial institutions, corporates and FIIs are major investors in the market. Government loans are available up to 30 years maturity. Variety of instruments available for investments include plain vanilla bonds, floating rate bonds, money market instruments, structured obligations. Interest rate derivatives make it possible to manage the interest rate risk effectively. The securities available are listed or unlisted, secured or unsecured, public issue or private placements. The Scheme under normal market conditions, will invest its assets primarily in fixed income debt and money market securities and balance in equity and equity related securities. Money market securities include, but are not limited to, Treasury Bills, Commercial Paper, Inter Bank Call and Term Money*, CBLO, Certificates of Deposit of Scheduled Commercial Banks, Financial Institutions and Development Financial Institutions, Bills of Exchange/ Promissory Notes of Public Sector and Private Sector Corporate Entities (co-accepted by banks), Government securities with unexpired maturity of not more than one year and other Money Market securities as may be permitted by SEBI/ RBI from time to time and in the manner prescribed under the Regulations. * At present Mutual Funds are not permitted to participate in Inter Bank Calls. The Scheme will participate in Inter Bank Calls only if & when Mutual Funds are permitted to do so as per applicable Regulations. Debt securities include, but are not limited to, Debt Obligations of the Government of India, State and Local Governments, Government Agencies, Statutory Bodies, Public Sector Undertakings, Public Sector Banks or Private Sector Banks or any other Banks, Financial Institutions, Development Financial Institutions, and Corporate Entities. The Debt Securities (including money market instruments) referred to above could be fixed rate or floating rate, listed, unlisted, privately placed or securitised debt securities, among others, transacted on an outright or repo / reverse repos basis, as permitted by Regulations.

D. WHERE WILL THE SCHEME INVEST?

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The Investment Manager will invest only in those debt securities that are rated investment grade or above by a domestic credit rating agency authorised to carry out such activity, such as CRISIL, ICRA, CARE, FITCH, etc. and or in unrated debt securities, which the Investment Manager believes to be of equivalent quality. Where investment in unrated debt securities is sought to be made, the specific approval of the Board of Directors of the AMC and Trustee shall be obtained prior to investment. Equity and equity related securities include convertible bonds and debentures and warrants carrying the right to obtain equity shares; ADRs / GDRs issued by Indian companies; IDRs, Derivative instruments like options and futures on equity securities/ indices and any instruments as may be permitted under the Regulations from time to time.

The scheme may invest in various derivatives instruments (under both segments debt and/or equity) which are available for investment in Indian Markets from time to time and which are permissible under the Regulations from time to time. Investment in such instruments will be made in accordance with the investment objective and the strategy of the Scheme. The scheme may invest in securities (including Mutual Fund Units) in overseas markets, in accordance with guidelines stipulated in this regard by SEBI and RBI from time to time. The scheme may invest in other schemes managed by the AMC or in the schemes of any other Mutual Funds, provided it is in conformity to the investment objective of the Scheme and in terms of the prevailing Regulations. As per the Regulations, no investment management fees will be charged for such investments. Any other like instruments as may be permitted by SEBI from time to time. WHAT ARE THE INVESTMENT STRATEGIES? Standard Observation No. 7 The scheme will be managed according to the investment objective, thereby seeking to generate regular income through a portfolio 16

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Standard Observation No. 15

comprising of fixed income securities along with capital appreciation through exposure to equity and equity related securities. This scheme endeavors to manage and diversify risk through asset allocation. The scheme is meant for investors with a medium to long term investment horizon. The level of equity allocation in the scheme will be determined based on a range of the indicative 1 Year forward Price Earnings (PE) ratios of S&P CNX Nifty (PE band) as shown below. At higher PE ratios, the fund will reduce allocation to equities in order to minimize the downside risk. Similarly at lower PE ratios, it will increase allocation to equities in order to capitalize on their upside potential. The various PE ratio bands and the respective equity allocation proposed under normal market conditions are given as under: Indicative 1 Yr. Forward PE band of S&P CNX Nifty Up to 12 Between 12 20 Above 20 Indicative Allocation to equities 20% 30% 10% 20% 0% 10%

Due to this inbuilt buy and sell mechanism of equity portion in the portfolio that will be triggered by varying levels of market PE, the fund would have inherent buy and sell discipline. The Trustees and AMC reserves the right to change the PE ratio band, or use any other criteria for determining the equity allocation if S&P CNX Nifty Index is unavailable, suspended or becomes irrelevant. The portfolio rebalancing (of equity portion) shall be done on the basis of the average of 1 Year forward PE ratio of S&P CNX Nifty. The average shall be computed by taking 1 year forward PE for the last 5 working days of month. The portfolio manager shall endeavor to do the rebalancing during the first 7 working days of the following month (rebalancing period). The above mentioned PE band and corresponding asset allocation within each band may vary in future due to the following factors: a. b. c. Structural shift in the growth pattern of the economy leading to changes in sub allocations of equities at various PE bands as PE is normally viewed in relation to the economys growth potential and future projections Shift in the overall interest rate structure in the economy as earnings yield (inverse of PE) of equities when compared with the prevailing relevant interest rates in the economy closely determines attractiveness of equity investments Any changes due to Regulatory requirements such as changes in reporting formats, accounting standards etc

d. When AMC and Trustees believe that special and unanticipated circumstances arise which necessitate changes in the above table in the interest of the investors. It should be noted that the overall band for equity allocation (0% 30%) as stated under Section II Information about the scheme; subsection c How Will The Scheme Allocate Its Assets will not undergo any change due to the above mentioned reasons. The above factors may only lead to changes in the Indicative PE band of S&P CNX Nifty and therefore corresponding changes in the Indicative Allocation within the overall asset allocation limit of up to 30% to equity and equity related securities (i.e. changes in sub allocation of equity portion within various PE bands). Thus any change due to the above mentioned factors within the sub allocation of equity portion at various PE bands in future will not lead to changes in the fundamental attributes of the scheme. The portfolio manager shall endeavour to align the schemes asset allocation as per the method described above during the rebalancing period or at the time of making investments as the case may be. Forward PE ratios of S&P CNX Nifty will be obtained from a sources like Bloomberg, agency such as IISL, recognized brokerage house or any other source as may be deemed fit by the AMC. Fixed Income Investments: Under normal market conditions, majority of the portfolio of the scheme shall be invested in fixed income securities. The fund will be managed with due consideration given to existing market trends and their potential effects on intermediate results. The investment team will take a view based on the key drivers affecting the interest rate scenario. The portfolio construction will be guided by current market conditions, the interest rate outlook, the yield curve, absolute and relative yields of different types of securities and their liquidity, the credit rating and outlook of different issuers. Therefore, some of the factors that will influence investment strategy are: Prevailing interest rate scenario and future outlook Returns offered on comparable, alternative investment avenues of similar risk profile. Credit quality of the security Term to maturity of the security Liquidity of the portfolio / security State of the Indian economy as well as developments in global markets Any other factors considered relevant in the opinion of the Fund Manager

The Scheme may also invest a certain portion of its corpus in money market securities to meet liquidity requirements from time to time. The Scheme may invest in derivatives for the purposes of hedging and portfolio balancing, i.e. taking interest rate calls or as may be permitted under the Regulations from time to time. The AMC retains the right to enter into such derivative transactions as may be permitted by the applicable regulations from time to time. 17

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The credit quality of the portfolio will be maintained and monitored using in-house research capabilities as well as inputs from external sources such as independent credit rating agencies. The investment team will primarily use a bottom up approach to assess the quality of the security/ instrument (including the financial health of the issuer) as well as the liquidity of the security. Investments in debt securities carry various risks such as interest rate risk, liquidity risk, default risk, re-investment risk etc. Whilst such risks cannot be eliminated, they may be minimized through diversification and effective usage of hedging techniques. Equity Investments: With regard to equity investments, the fund will employ its diligent bottom up stock selection process. The Scheme would invest predominantly in a diversified portfolio constituting equity and equity related instruments of companies that the fund manager believes have sustainable business models, and potential for capital appreciation. The Scheme would follow an actively managed approach allowing it the flexibility to pursue opportunities across the entire market capitalization spectrum, from smaller companies to well-established large-cap companies, without having any bias in favour of sectoral allocations. The fund will look for strong, healthy and undervalued high quality companies with sound or improving balance sheet. The broad parameters to identify such companies are Business Franchise; Management quality and valuations. Investments made from the Scheme would also be in accordance with prevailing provisions of SEBI regulations. The Scheme may invest in other schemes managed by the AMC or in the schemes of any other Mutual Funds, provided it is in conformity to the investment objectives of the Scheme and in terms of the prevailing Regulations. As per the Regulations, no investment management fees will be charged for such investments.

Since the scheme has the ability to invest in both fixed income and equity securities, the scheme can enter into derivative transaction in both segments of the market (i.e. fixed income as well as equity) as per the prevailing regulations. Strategies involving Investments in Fixed Income Derivatives The Scheme may invest in various derivatives instruments including interest rate swaps and forward contracts which are available for investment in Indian Markets from time to time and which are permissible under the Regulations from time to time. Investment in such instruments will be made in accordance with the investment objective and the strategy of the Scheme. The investments shall also be subject to the internal limits as may be laid down from time to time and such limits and restrictions as may be prescribed by the Regulations or any other regulatory body. Concepts and Examples (for illustrative purpose only): Derivatives are financial contracts of pre-determined fixed duration, whose values are derived from the value of an underlying primary financial instrument, commodity or index, such as: interest rates, exchange rates, commodities, and equities. Interest Rate Swaps Interest Rate Swaps is an agreement between two parties (counterparties) to exchange payments at specified dates on the basis of a specific amount with reference to a specified reference rate. Swap Agreements provide for period payment dates for both parties where payments are netted and only the net amount is paid to the counterparty entitled to receive the net payment. Consequently, the Schemes current obligations (or rights) under a swap agreement will generally be equal only to the net amount to be paid or received under the agreement, based on the relative values of the possession held by each counterparty. Example of a swap transaction: Assume that the Scheme has a ` 50 crore floating rate investment linked to MIBOR (Mumbai Inter Bank Offered Rate). Thus, the Scheme has a potential interest rate risk and stands to incur a loss if the interest rate moves down. To hedge this interest rate risk, the Scheme can enter into a 6 month MIBOR swap on July 1, 2010 for 6 months that is upto January 1, 2011. Through this swap, the Scheme will receive a fixed determined rate (assume 8%) and pays the benchmark rate (MIBOR), which is fixed by an intermediary who runs a book and matches deals between various counterparties, such intermediary could be the NSE or the Reuters. This swap would effectively lock in the interest rate of 8% for the next 6 months, eliminating the daily interest rate risk.

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Forward Rate Agreement

On January 1, 2010 the Scheme is entitled to receive interest on ` 50 crore at 8% for 180 days i.e., ` 2 crores (this amount is known at the time the swap is concluded) and will pay the compounded benchmark rate. The counterparty is entitled to receive the daily compounded call rate for 180 days and pay 8% fixed rate. On January 1, 2010, if the total interest on the daily overnight compounded benchmark rate is higher than ` 2 crore, the Scheme will pay the difference to the counterparty. If the daily compounded benchmark rate is lower, then the counterparty will pay the Scheme the difference. Effectively, the Scheme earns interest at the rate of 8% p.a. for 6 months without lending money for 6 months fixed, whilst the counterparty pays interest @ 8% p.a. for 6 months on ` 50 crores without borrowing for 6 months fixed. Forward rate agreement is a transaction in which the counterparties agree to pay or receive the difference between an agreed fixed rate and 18

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From time to time and subject to the regulations, the AMC may invest in this Scheme. The decision to invest in the scheme by the AMC will be based on parameters specified by the Board of the AMC. Standard Observation No. 1 STRATEGIES INVOLVING DERIVATIVES Standard Observation No. 5

the interest rate prevailing on a stipulated future date, based on a notional amount, for an agreed period. As the interest rate is fixed now for a future period, the only payment is the difference between the agreed fixed rate and the reference rate in the future. As in the case of interest rate swaps, only notional amounts are exchanged. Assume that on June 30, 2010, the 90 day commercial paper (CP) rate is 8.75% and the Scheme has an investment in a CP of face value ` 25 crores which is going to mature on September 30, 2010. If the interest rates are likely to remain stable or decline after September 2010, and if the fund manager,who wants to re-deploy the maturity proceeds for 3 more months, does not want to take the risk of interest rates going down, he can then enter into a following forward rate agreement (FRA) say as on June 30, 2010: He can receive 3 X 6 FRA on June 30, 2010 at 8.75% (FRA rate for 3 months lending in 3 months time) on the notional amount of ` 25 crores, with a reference rate of 90 day CP benchmark. If the CP benchmark on the settlement date i.e. September 30, 2010 falls to 8.5%, then the Scheme receives the difference 8.75 8.5 i.e. 25 basis points on the notional amount ` 25 crores for 3 months. The maturity proceeds are then reinvested at say 8.5% (close to the benchmark). The scheme, however, would have locked in the rate prevailing on June 30, 2010 (8.75%) as it would have received 25 basis points more as settlement amount from FRA. Thus the fund manager can use FRA to mitigate the reinvestment risk. In this example, if the rates move up by 25 basis points to 9% on the settlement date (September 30, 2010), the Scheme loses 25 basis points but since the reinvestment will then happen at 9%, effective returns for the Scheme is unchanged at 8.75%, which is the prevailing rate on June 30, 2010. Forward Contracts: Forward contract is a transaction in which the buyer and the seller agree upon the delivery of a specified quality (if commodity) and quantity of underlying asset at a predetermined rate on a specified future date.

On the equities side, the fund manager may use selective derivative strategies with a view to optimize the overall performance of the Scheme. Strategies involving Investments in Equity Derivatives The Scheme may invest in various derivatives instruments including futures (index and stock), options (index and stock), currency swaps and forward contracts which are available for investment in Indian markets from time to time and which are permissible as per the applicable regulations. Investment in such instruments will be made in accordance with the investment objective and the strategy of the Scheme to protect the value of the portfolio and to enhance returns. The investments shall also be subject to the internal limits as may be laid down from time to time and such limits and restrictions as may be prescribed by the Regulations or any other regulatory body. All derivative Positions taken in a portfolio would be as per SEBI Regulations as amended from time to time. The current Regulations are as under: (i) Position limit for the Fund in index options contracts: a. b. a. The Fund position limit in all index options contracts on a particular underlying index shall be ` 500 crore or 15% of the total open interest of the market in equity index options, whichever is higher, per Stock Exchange. This limit would be applicable on open positions in all options contracts on a particular underlying index. The Fund position limit in all index futures contracts on a particular underlying index shall be ` 500 crore or 15% of the total open interest of the market in index futures, whichever is higher, per Stock Exchange. This limit would be applicable on open positions in all futures contracts on a particular underlying index.

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b. (iii) Additional position limit for hedging: a.

(ii) Position limit for the Fund in index futures contracts:

In addition to the position limits at point (i) and (ii) above, the Fund may take exposure in equity index derivatives subject to the following limits: Short positions in index derivatives (short futures, short calls and long puts) shall not exceed (in notional value) the Funds holding of stocks.

b. Long positions in index derivatives (long futures and long calls) shall not exceed (in notional value) the Funds holding of cash, government securities, T-Bills and similar instruments. The Fund position limit in a derivative contract on a particular underlying stock, i.e. stock option contracts and stock futures contracts:a. For stocks having applicable market-wise position limit (MWPL) of ` 500 crores or more, the combined futures and options 19

(iv) Position limit for the Fund for stock based derivative contracts:

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Assume that on June 30, 2010, the scheme has invested 1 million dollars in a US treasury security. Fund manager expects that the yields in the US will come down in the next 6 months and plans to sell the asset on December 31, 2010 to book the gain. Rupee is trading at ` 44 to a US Dollar on June 30, 2010. If rupee appreciates compared to the Dollar in these 6 months to say ` 43.50 per Dollar, the Scheme will earn lower returns in Rupee terms when the fund manager sells the investments on December 31, 2010 and converts the proceeds into Rupees. He can mitigate this exchange rate risk by entering into a forward contract to sell 1 million dollars on June 30, 2010 for value December 31, 2010 (6 month forward) and receive the prevailing premium of say 40 paise per Dollar i.e. he has locked in a rate of ` 44.40 per US Dollar for delivery on December 31, 2010. With this the Scheme is not exposed to the loss of Rupee appreciation or profit from Rupee depreciation.

position limit shall be 20% of applicable MWPL or ` 300 crores, whichever is lower and within which stock futures position cannot exceed 10% of applicable MWPL or ` 150 crores, whichever is lower. b. For stocks having applicable market-wise position limit (MWPL) less than ` 500 crores, the combined futures and options position limit would be 20% of applicable MWPL and futures position cannot exceed 20% of applicable MWPL or ` 50 crore whichever is lower. The position limits for the Scheme and disclosure requirements are as follows: a. For stock option and stock futures contracts, the gross open position across all derivative contracts on a particular underlying stock of a scheme of the Fund shall not exceed the higher of: 1% of the free float market capitalisation (in terms of number of shares). Or b. c. 5% of the open interest in the derivative contracts on a particular underlying stock (in terms of number of contracts). This position limit shall be applicable on the combined position in all derivative contracts on an underlying stock at a Stock Exchange. For index based contracts, the Fund shall disclose the total open interest held by its scheme or all schemes put together in a particular underlying index, if such open interest equals to or exceeds 15% of the open interest of all derivative contracts on that underlying index.

(v) Position limit for the Scheme:

As and when SEBI notifies amended limits in position limits for exchange traded derivative contracts in future, the aforesaid position limits, to the extent relevant, shall be read as if they were substituted with the SEBI amended limits. Concepts and Examples: Derivatives are financial contracts of pre-determined fixed duration whose values are derived from the value of an underlying primary financial instrument, commodity or index such as interest rates, exchange rates, commodities, and equities. Index Futures: Index Futures have been introduced by BSE and NSE. Generally, three futures of 1 month, 2 months and 3 months are presently traded on these exchanges. These futures expire on the last working Thursday of the respective months. If the Nifty (Index) was 1875 at the beginning of a month and the quotes for the three futures were as under Month 1 2 3 Bid Price 1880 1900 1910 Offer Price 1885 1915 1930

The following is a hypothetical example of a typical likely index future trade and the associated costs. Particulars Index at the beginning of the month Price of 1 month future A. Execution cost: Carry and other Index future cost (1885 1875) B. Brokerage cost: Assumed at 0.30% for Index future and 0.50% for spot stocks(0.30% of 1885 and 0.50% of 1875) C. Gains on surplus funds: (assumed at 10% returns on 90%of the money left after paying 10% margins) Index Futures 1875 1885 10 5.66 13.87 Index Spot Price 1875 Nil 9.38 Nil

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(10%*1875*90%*30days/365) Total Cost (A+B-C)

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The Fund can buy an Index of month 1 on the last day of the month prior to month 1 in the illustration above at an offer price of 1885. Numerical example of futures trade:

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1.79

9.38

In this example, the Index Future trade has resulted in profitability compared to actual purchase of the underlying index stocks. The profitability of Index Future as compared to an individual security will inter alia depend upon the carrying cost, the interest available on surplus funds and the transaction cost. There are futures based on stock indices as mentioned above as also futures based on individual stocks. Illustrative list of strategies that employ index futures: (a) The Fund has an existing equity portion invested in a basket of stocks. In case the Fund Manager has a view that the equity markets are headed downwards, the Fund can then hedge the exposure to equity either fully or partially by initiating short futures positions in the index. A similar position in the long direction can also be initiated by the Fund to hedge its position of cash and permissible equivalents. The extent to which this can be done is determined by existing regulations/guidelines. (b) To the extent permissible by extant regulations, the Scheme can initiate a naked short position in an underlying index future traded on a recognized stock exchange. In case the Nifty near month future contract is trading at say, ` 1,850, and the Fund Manager has a view that it will depreciate going forward, the Fund can initiate a sale transaction of Nifty futures at ` 1,850 without holding a portfolio of equity stocks or any other underlying long equity position. Once the price falls to ` 1,800 after say, 20 days, the Fund can initiate a square-up transaction by buying the said futures and book a profit of ` 50. Correspondingly, the Fund can take a long position without an underlying cash/ cash equivalent subject to the extant regulations. 20

Risk associated with this strategy: 1. Lack of opportunities available in the market 2. Inability of derivatives to correlate perfectly with the underlying indices 3. Execution risk, whereby the rates seen on the screen may not be the rate at which the ultimate execution takes place. Strategies that employ Stock specific Futures and their objectives: Individual stock futures are also available in the Indian equity markets. Stock futures trade either at a premium or at discount to the spot prices, the level of premium generally reflects the cost of carry. Stock specific issues may have a bearing on futures as speculators may find futures as a cost-effective way of executing their view on the stock. However, such executions usually increase the premium/ discount to the spot significantly, thereby giving rise to arbitrage opportunities for a fund. (a) Selling spot and buying future: In case the Fund holds the stock of a company at say ` 1,000 while in the futures market it trades at a discount to the spot price say at ` 980, then the Fund may sell the stock and buy the futures. On the date of expiry of the stock future, the Fund may reverse the transactions (i.e. buying at spot & selling futures) and earn a risk-free ` 20 (2% absolute) on its holdings. As this can be without any dilution of the view of the Fund on the underlying stock, the Fund can still benefit from any movement of the price in the northward direction, i.e. if on the date of expiry of the futures, the stock trades at ` 1,100 which would be the price of the futures too, the Fund will have a benefit of ` 100 whereby the Fund gets the 10% upside movement together with the 2% benefit on the arbitrage and thus getting a total return of 12%. (b) Buying spot and selling future: Where the Fund holds the stock of a company trading in the spot market at ` 1,000 while it trades at ` 1,020 in the futures market, then the Fund may buy the stock at spot and sell in the futures market thereby earning ` 20. In case of adequacy of cash with the Fund, this strategy may be used to enhance returns of the Scheme which was otherwise sitting on cash.

(d) There for the fund do the Following: On the day Expired, the fund would by the stock in cash segment and let its stock future Poisson expire their by looking the initial gain In case the Fund has a bearish view on a stock which is trading in the spot market at ` 1,000 and the futures market at say ` 980, the Fund can express such a view, subject to extant SEBI regulations, by initiating a short position in the futures contract. In case the view is right and the futures price depreciates to say ` 900, the Fund can square up the short position thereby earning a profit of ` 80. Risk associated with this strategy: 1. Lack of opportunities available in the market

2. Inability of derivatives to correlate perfectly with the underlying security Strategies that use Options and the objectives of such strategies:

3. Execution risk, whereby the rates seen on the screen may not be the rate at which the ultimate execution takes place. Option contracts are of two types Call and Put the former being the right, but not obligation, to purchase a prescribed number of shares at a specified price before or on a specific expiration date and the latter being the right, but not obligation, to sell a prescribed number of shares at a specified price before or on a specific expiration date. The price at which the shares are contracted to be purchased or sold is called the strike price. Options that can be exercised on or before the expiration date are called American Options while those that can be exercised only on the expiration date are called European Options. Option contracts are designated by the type of option, name of the underlying, expiry month and the strike price.

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Risk associated with this strategy:

Numerical examples of Options:

Call Option (Buy): The Fund buys a call option at the strike price of say ` 1,000 and pays a premium of say ` 50. The Fund would earn profits if the market price of the stock at the time of expiry of the option is more than ` 1,050 (being the total of the strike price and the premium thereon). If on the date of expiry of the option, the stock price is below ` 1,000, the Fund will not exercise the option while it loses the premium of ` 50.

Put Option (Buy): The Fund buys a Put Option at ` 1,000 by paying a premium of say ` 50. If the stock price goes down to ` 900, the Fund would protect its downside and would only have to bear the premium of ` 50 instead of a loss of ` 100 whereas if the stock price moves up to say ` 1,100, the Fund may let the option expire and forego the premium thereby capturing ` 100 upside after bearing the premium of ` 50. The above options positions can be initiated in both index based options as well as stock specific options. Permissible strategies involving index options and stock specific options would be the same as that of index futures and stock specific futures respectively. 1. Lack of opportunities available in the market 2. Inability of derivatives to correlate perfectly with the underlying security 3. Execution risk, whereby the rates seen on the screen may not be the rate at which the ultimate execution takes place. Please note that the above examples are based on assumptions and are used only for illustrative purposes. 21

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(c) Buying stock future: Where the Scheme wants to initiate a long position in a stock whose spot price is at say, ` 1,000 and futures is at 980, then the Fund may just buy the futures contract instead of the spot thereby benefiting from a lower cost.

SEBI vide its circular no. Cir/IMD/DF/11/2010 dated August 18, 2010 brought certain modification, as given below, in the circular DNPD/ CIR-29/2005 dated September 14 2005, circular MFD/CIR/9/120/2000 dated November 24 2000 and SEBI circular MFD/CIR/18337/2002 dated September 19, 2002 on investment in derivatives by mutual funds: Exposure Limits 1. The cumulative gross exposure through equity, debt and derivative positions should not exceed 100% of the net assets of the scheme. 2. Mutual Funds shall not write options or purchase instruments with embedded written options. 3. The total exposure related to option premium paid must not exceed 20% of the net assets of the scheme. 4. Cash or cash equivalents with residual maturity of less than 91 days may be treated as not creating any exposure. 5. Exposure due to hedging positions may not be included in the above mentioned limits subject to the following: a. Hedging positions are the derivative positions that reduce possible losses on an existing position in securities and till the existing position remains.

b. Hedging positions cannot be taken for existing derivative positions. Exposure due to such positions shall have to be added and treated under limits mentioned in Point 1. c. d. Any derivative instrument used to hedge has the same underlying security as the existing position being hedged. The quantity of underlying associated with the derivative position taken for hedging purposes does not exceed the quantity of the existing position against which hedge has been taken.

6.

7.

Exposure due to derivative positions taken for hedging purposes in excess of the underlying position against which the hedging position has been taken, shall be treated under the limits mentioned in point 1.

The AMC retains the right to enter into such derivative transactions as may be permitted by the SEBI regulations from time to time. Portfolio Turnover As the portfolio of the scheme will be actively managed, the Scheme may have a high turnover in order to achieve the investment objective. The Scheme being an open-ended income scheme, it is expected that there would be a number of Subscriptions and Redemptions on a daily basis. Therefore, it is difficult to estimate with any reasonable measure of accuracy the likely turnover in the portfolio. F. (i) FUNDAMENTAL ATTRIBUTES Type of Scheme:

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Following are the Fundamental Attributes of the scheme, in terms of Regulation 18 (15A) of the SEBI (MF) Regulations: An open ended income scheme (Monthly Income is not assured and is subject to availability of distributable surplus.)

(ii) Investment Objective:

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Instrument Debt* & Money market securities Equity and Equity related securities (iii) Terms of Issue: a.

Main Objective AIG Monthly Income Plan seeks to generate regular income through investments in fixed income securities along with capital appreciation through exposure to equity and equity related securities. There is no assurance that the objective of the scheme will be realized and the scheme does not assure or guarantee any returns. (Monthly Income is not assured and is subject to availability of distributable surplus.) Indicative allocation (% of total assets) Minimum Maximum 70 100 0 30 Risk Profile High/Medium/Low Low to Medium Medium to High

Investment Pattern Under normal circumstances, it is anticipated that the asset allocation shall be as follows:

* Debt securities may include securitized debts up to 25% of the net assets.

Standard Observation No. 4 Subject to the Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities and applicable regulations. It must be clearly understood that the percentage stated above is only indicative and not absolute and that they can vary substantially depending upon the perception of the Investment Manager, the intention being at all times to seek to protect the interests of the unitholders. Such changes in the investment pattern will be for short term and for defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized. Liquidity provisions such as listing, repurchase, redemption - Please refer to Section III. Units and Offer for details.

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Mutual Funds may enter into plain vanilla interest rate swaps for hedging purposes. The counter party in such transactions has to be an entity recognized as a market maker by RBI. Further, the value of the notional principal in such cases must not exceed the value of respective existing assets being hedged by the scheme. Exposure to a single counterparty in such transactions should not exceed 10% of the net assets of the scheme.

Standard Observation No. 8

b. Aggregate Fees and Expenses charged to the scheme - Please refer to Section IV. Fees and Expenses for details. c. Any safety net or guarantee provided - This Scheme does not provide any guaranteed or assured return In accordance with Regulation 18(15A) of the SEBI (MF) Regulations, the Trustees shall ensure that no change in the fundamental attributes of the Scheme(s) and the Plan(s) / Option(s) thereunder or the trust or fee and expenses payable or any other change which would modify the Scheme(s) and the Plan(s) / Option(s) thereunder and affect the interests of Unitholders is carried out unless: A written communication about the proposed change is sent to each Unitholder and an advertisement is given in one English daily newspaper having nationwide circulation as well as in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated; and

The Unitholders are given an option for a period of 30 days to exit at the prevailing Net Asset Value without any exit load. Standard Observation No. 9 G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE? The Board adopted Benchmark for comparing the performance of the Scheme is CRISIL MIP Blended Fund Index. The CRISIL MIP Blended Fund Index is a hybrid index that has allocation to both fixed income securities (85% weighting) and equities through (15% weighting) to S&P CNX Nifty. This asset allocation is the closest match to the funds investment strategy and is the best available index for the scheme in the Indian Markets. The Trustee reserves the right to change the benchmark for evaluation of performance of the Scheme from time to time in conformity with the investment objective and appropriateness of the benchmark subject to SEBI Regulations, and other prevailing guidelines, if any. H. WHO WILL MANAGE THE SCHEME? The following fund managers will manage the investments under the scheme: Sr. No. 1. Fund Manager/ Age For Fixed Income Mr. Vikrant Mehta, 40 Years Qualifications Brief Experience CFA (ICFAI), M.S. Standard Observation No. 10

AIG Global Asset Management Company (India) Pvt. Ltd. (December 15, 2006 till date) AIG India Liaison Office (December 4, 2006-December 14, 2006) NVS Brokerage Private Limited (April, 2003 December, 2006) JM Morgan Stanley Fixed Income Securities Private Limited (July, 2000 April, 2003) Mata Securities India Private Limited (November, 1994 July, 2000) AIG Global Asset Management Company (India) Pvt. Ltd. (December 15, 2006 till date) TATA AIG Life Insurance Co. Ltd (May, 2004 Dec, 2006) Principal PNB Asset Management Company Private Limited (August, 2000 May, 2004) SBI Funds Management Private Limited (May, 1997 August, 2000)

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Other Schemes managed AIG India Liquid Fund, AIG India Treasury Fund, AIG Short Term Fund, AIG World Gold Fund, AIG Quarterly Interval Fund Series I and AIG Quarterly Interval Fund Series II AIG India Equity Fund and AIG Infrastructure and Economic Reform Fund

2.

For Equities Mr. Huzaifa Husain, 37 Years

I.

WHAT ARE THE INVESTMENT RESTRICTIONS?

Standard Observation No. 11 As per the Trust Deed read with the Regulations, the following investment restrictions apply in respect of the Scheme at the time of making investments. All investments by the Scheme will be made in accordance with the investment objective, investment strategy and investment pattern described previously. 1) The Scheme shall not invest more than 15% of its net assets in debt instruments (irrespective of residual maturity) issued by a single issuer which are rated not below investment grade by a credit rating agency authorised to carry out such activity under the Act. Such investment limit may be extended to 20% of the net assets of the Scheme with the prior approval of the Board of the Trustee and the Board of the AMC. Provided that such limit shall not be applicable for investments in government securities and money market instruments. Provided further that investments in debt securities issued by public bodies/institutions such as electricity boards, municipal corporations, state transport corporations etc. guaranteed by the State or Central Government would be included within the aforesaid limit. Provided further that investment within such limit can be made in mortgage backed securitised debt which are rated not below investment grade by a credit rating agency registered with the Board.

2) The Scheme shall not invest more than 10% of its net assets in unrated debt instruments (irrespective of residual maturity) issued by a single issuer and the total investment in such instruments shall not exceed 25% of the net assets of the Scheme. All such investments shall be made with the prior approval of the Board of Trustees and the Board of the AMC. 3) No scheme shall invest more than thirty percent of its net assets in money market instruments of an issuer. Provided that such limit shall not be applicable for investment in Government Securities, Treasury Bills and collateralized borrowing and lending obligations. 4) The Fund under all its scheme shall not own more than 10% of any companys paid up capital carrying voting rights.

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PGDM, B.Tech

5) Transfers of investments from one scheme to another scheme in the Fund shall be made only if: a) such transfers are done at the prevailing market price for quoted instruments on spot basis. Explanation spot basis shall have the same meaning as specified by stock exchange for spot transactions. b) the securities so transferred shall be in conformity with the investment objective of the scheme to which such transfer has been made.

6) The Scheme may invest in another scheme under the same AMC or any other mutual fund without charging any fees, provided that aggregate inter-scheme investment made by all scheme under the same management or in scheme under the management of any other asset management company shall not exceed 5% of the net asset value of the Fund. 7) The Scheme shall buy and sell securities on the basis of deliveries and shall in all cases of purchases, take delivery of relative securities and in all cases of sale, deliver the securities. Provided that the fund may engage in short selling of securities in accordance with the frame work relating to short selling and securities lending and borrowing specified by SEBI. Provided that the Fund may enter into derivatives transactions in a recognised stock exchange, subject to the frame work specified by SEBI Provided further that sale of government security already contracted for purchase shall be permitted in accordance with the guidelines issued by RBI in this regard. 8) The Fund shall, get the securities purchased or transferred in the name of the Fund on account of the Scheme, wherever investments are intended to be of long term nature. 9) Pending deployment of funds of the Scheme in securities in terms of investment objectives of the Scheme, the Fund can invest the funds of the Scheme in short term deposits of scheduled commercial banks subject to such guidelines as may be specified by SEBI. 10) No Scheme shall make any investment in: a) b) any unlisted security of an associate or group company of the Sponsor;

any security issued by way of private placement by an associate or group company of the Sponsor; or

c) the listed securities of group companies of the Sponsor which is in excess of 25% of the net assets.

11) The Scheme shall not make any investment in any fund of funds Scheme.

12) No Scheme shall invest more than 10% of its net assets in the equity shares or equity related instruments of any company: Provided that, the limit of 10% shall not be applicable for investments in case of index fund or sector or industry specific scheme.

14) The scheme may invest in ADRs/ GDRs of Indian companies listed on overseas stock exchanges. Investment in ADRs / GDRs shall be made to the extent and in the manner approved by RBI/ SEBI. The Scheme will deploy necessary measures to manage foreign exchange movements arising out of such investments. Services of custodians and other intermediaries/advisors of international repute will be used for safe custody, to advise on settlement and reporting of trades done in overseas stock exchanges. 15) No term loans for any purpose may be advanced by the Fund and the Fund shall not borrow except to meet temporary liquidity needs of the Scheme for the purpose of repurchase, redemption of Units or payment of interest or dividends to Unit Holders, provided that the Fund shall not borrow more than 20% of the net assets of the Scheme and the duration of such a borrowing shall not exceed a period of six months.

16) Debentures, irrespective of any residual maturity period (above or below 1 year), shall attract the investment restrictions as applicable for debt instruments as specified under Clause 1 and 1A of the Seventh Schedule to the Regulations or as may be specified by SEBI from time to time. 17) The Fund may lend securities in accordance with Guidelines for Participation by Mutual Funds in Stock Lending issued by SEBI or any amendments thereto. 18) The Scheme may also use various derivative and hedging products from time to time, as are available and permitted by SEBI. 19) If any company invests in/holds more than 5% of the NAV of the Scheme, then investment made by the Scheme or any other scheme of the Fund in that company or its subsidiaries will be disclosed in accordance with the Regulations. 20) The Scheme will comply with any other Regulation applicable to the investments of Mutual Funds from time to time. These investment limitations/parameters as expressed (linked to the net asset/net asset value/capital) shall, in the ordinary course, apply as at the date of the most recent transaction or commitment to invest and changes do not have to be effected merely because, owing to appreciation or depreciation in value or by reason of the receipt of any rights, bonuses or benefits in the nature of capital or of any scheme of arrangement or for amalgamation, reconstruction or exchange, or at any repayment or redemption or other reason outside the control of the Mutual Fund, any such limits would thereby be breached. If these limits are exceeded for reasons beyond its control, the AMC shall adopt as a priority objective, the remedying of that situation, taking due account of the interests of the Unit Holders. Apart from the investment restrictions prescribed under the Regulations, internal risk parameters for limiting exposure to a particular scrip or sector may be prescribed from time to time to respond to the dynamic market conditions and market opportunities. Standard Observation No. 13 24

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13) No Scheme shall invest more than 5% of its net assets in the unlisted equity shares or equity related instruments in case of open ended scheme and 10% of its net assets in case of close ended scheme.

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Standard Observation No. 13 J. K. The Trustee /AMC may alter the above stated limitations from time to time and also to the extent the Regulations change so as to permit the Scheme to make its investments in the full spectrum of permitted investments in order to achieve its investment objective.

HOW HAS THE SCHEME PERFORMED? This being a new Scheme, there is no performance track record. HOW IS THE SCHEME DIFFERENT FROM THE EXISTING OPEN ENDED INCOME SCHEMES OF THE MUTUAL FUND? AIG Monthly Income Plan endeavors to manage and diversify risk through asset allocation and is meant for investors with a medium to long term investment horizon. The scheme will seek to generate regular income through a portfolio comprising of fixed income securities along with capital appreciation through exposure to equity and equity related securities.

The scheme is an open ended income scheme having flexibility to invest up to 30% of its assets in equity and equity related securities with balance in fixed income securities.

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III UNITS AND OFFER

This section provides details you need to know for investing in the Scheme. A. NEW FUND OFFER (NFO) New Fund Offer Period This is the period during which a new scheme sells its unit to the investor. Name New Fund Offer opens AIG Monthly Income Plan Extension or Termination of NFO Period New Fund Offer closes

The Trustee reserves the right to extend the closing date of the NFO period, subject to the condition that the subscription list shall not be kept open for more than 15 (Fifteen) days, or close the subscription list earlier by giving at least one day prior notice in one daily newspaper. New Fund Offer Price: The Units can be purchased at ` 10/- per unit This is the price per unit that the investors have to pay to invest during the NFO. Minimum Amount for Application in the NFO Minimum Target amount ` 5,000/- and in multiples of ` 1 thereafter. ` 1,000/- for investors opting for SIP . The Fund seeks to collect a minimum subscription amount of ` 50 (fifty) lakhs under the Scheme during the NFO Period. In the event this amount is not raised during the NFO Period, the amount collected under the Scheme will be refunded to the applicants of the scheme within 5 working days from the closure of the NFO. If the Fund refunds the amount after 5 working days from the date of closure of the subscription period, then the AMC shall be liable to pay interest at 15% per annum.

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Dividend Policy

This is the maximum amount which can be collected during the NFO period, as decided by the AMC. Options offered The scheme offers two options Growth Option and Dividend Option. The Dividend option offers Dividend Payout and Dividend Reinvestment facilities. If the investor does not clearly specify the choice of option at the time of investing, it will be treated as a Growth Option. If the investor does not clearly specify the choice of Payout/ Reinvestment facility within the Dividend option, it will be treated as a Re-investment. If the investor does not clearly specify the frequency of Dividend within the dividend option, it will be treated as a Half yearly. The Investors should note that NAVs of the Dividend Option and the Growth Option will be different after the declaration of dividend under the Scheme. The Trustee may decide to distribute dividend subject to the availability of distributable surplus as calculated in accordance with the Regulations and if such distributable surplus is adequate for distribution in the opinion of the Trustee. The Trustee's decision with regard to availability and adequacy, rate, timing and frequency of distribution shall be final. The dividend will be due to only those Unit Holders whose names appear in the Register of Unit Holders in the Dividend option of the Scheme on the record date which will be announced in advance. The AMC shall despatch to the Unit Holders, the dividend warrants within 30 days of the date of declaration of dividend. In case the dividend amount is less than ` 100 such dividend shall be compulsorily reinvested. 26

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This is the minimum amount required to operate the scheme and if this is not collected during the NFO period, then all the investors would be refunded the amount invested without any return. However, if AMC fails to refund the amount within 5 working days, then interest as specified by SEBI (currently 15% p.a.) will be paid to the investors from the expiry of 5 working days from the date of closure of the subscription period. Maximum Amount to be There is no upper limit on the total amount collected under the scheme during the NFO period. raised (if any)

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Allotment

Subject to receipt of minimum subscription amount, full allotment will be made to all valid applications received during the New Fund Offer Period. Allotment of units will be completed not later than 5 working days after the close of the New Fund Offer Period. All allotments will be provisional, subject to realisation of payment instrument and subject to the AMC having been reasonably satisfied that the Mutual Fund has received clear funds. An applicant whose application has been accepted shall have the option either to receive the statement of accounts or to hold units in dematerialised form. An Account Statement or allotment advice as the case may be will be sent by ordinary post/courier/ electronic mail to each Unitholder, stating the number of Units allotted, not later than 5 working days from the close of New Fund Offer Period and after every additional purchase. In case the investor provides the e-mail address, the Fund will provide the Account Statement only through email message. The Account Statements shall be non-transferable. If the Unitholder so desires, non-transferable unit certificates will be issued within 5 working days of the receipt of request for the certificate.

Refund

Allotment of Units and dispatch of Account Statements to FIIs will be subject to RBI approval. If the Scheme fails to collect the minimum subscription amount of ` 50 lakhs, the Fund shall be liable to refund the money to the applicants. In addition to the above, the refund of subscription money to the applicants whose applications are treated as invalid or rejected for any other reason whatsoever will commence immediately after the allotment process is completed. Refunds will be completed within 5 working days of the closure of the NFO Period. If the Fund refunds the amount after such 5 working days, the AMC shall be liable to pay interest at 15% per annum. Refund orders will be marked "A/c Payee only" and drawn in the name of the applicant (in the case of a sole applicant) and in the name of the first applicant in all other cases. All refund cheques will be mailed by registered post or as per the applicable Regulations. Prospective investors are advised to satisfy themselves that they are not prohibited by any law governing them and any Indian law from investing in the Scheme and are authorized to purchase units of mutual funds as per their respective constitutions, charter documents, corporate / other authorizations and relevant statutory provisions. The following is an indicative list of persons who are generally eligible and may apply for subscription to the Units of the Scheme: Adult Individuals being persons resident in India, either singly or jointly (not exceeding three); Minor through parent / lawful guardian;(Please refer to Statement of Additional Information (SAI) for further details on investment from Minor through Guardian);

Who can invest

This is an indicative list and you are requested to consult your financial advisor to ascertain whether the scheme is suitable to your risk profile.

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Companies, bodies corporate, public sector undertakings, association of persons or bodies of individuals and societies registered under the Societies Registration Act, 1860; Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt of necessary approvals as required) and Private Trusts authorized to invest in mutual fund schemes under their trust deeds; Partnership Firms constituted under the Partnership Act, 1932; A Hindu Undivided Family (HUF) through its Karta; Banks (including Co-operative Banks and Regional Rural Banks) and Financial Institutions;

Non-Resident Indians (NRIs) / Persons of Indian Origin (PIO) on full repatriation basis or on nonrepatriation basis; Foreign Institutional Investors (FIIs) registered with SEBI and Sub accounts registered with SEBI on full repatriation basis; Army, Air Force, Navy and other para-military funds and eligible institutions; Scientific and Industrial Research Organisations; Provident / Pension / Gratuity and such other Funds as and when permitted to invest; International Multilateral Agencies approved by the Government of India /RBI; The Trustee, AMC or Sponsor or their associates (if eligible and permitted under prevailing laws); and A mutual fund through its schemes, including fund of funds schemes. Other schemes of the AIG Global Investment Group Mutual Fund may, subject to the conditions and limits prescribed in the Regulations and/or by the Trustee, AMC or Sponsor, subscribe to Units under the Scheme. The Fund reserves the right to include / exclude new / existing categories of investors to invest in the Scheme from time to time subject to the Regulations and other prevailing statutory regulations, if any.

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Subject to the Regulations, any application for Units may be accepted or rejected in the sole and absolute discretion of the Trustee. For example, the Trustee may reject any application for the Purchase of Units if the application is invalid or incomplete or if, in its opinion, increasing the size of any or all of the Schemes Unit capital is not in the general interest of the Unit Holders, or if the Trustee for any other reason does not believe that it would be in the best interest of the Scheme or its Unit Holders to accept such an application. The AMC / Trustee may need to obtain from the investor, verification of identity or such other details relating to a subscription for Units as may be required under any applicable law, which may result in delay in processing the application. Every investor, depending on any of the above category under which he/she/ it falls, is required to provide the relevant documents along with the application form as may be prescribed by AMC. Who cannot invest It should be noted that the following entities cannot invest in the Scheme: A Foreign National or any other entity that is not a person Resident in India under the Foreign Exchange Management Act, 1999, except where registered with SEBI as a FII or FII sub account. Non-Resident Indians residing in the United States of America and Canada. The Fund reserves the right to include / exclude new / existing categories of investors to invest in the Scheme from time to time, subject to SEBI Regulations and other prevailing statutory regulations, if any. Subject to the Regulations, any application for Units may be accepted or rejected in the sole and absolute discretion of the Trustee. The AMC / Trustee may need to obtain from the investor verification of identity or such other details relating to a subscription for Units as may be required under any applicable law, which may result in delay in processing the application. Where can you submit the The investors can submit the NFO applications to AMC, ISCs, Branches of Collection Bank(s) and such other collection centers as designated by the AMC. filled up applications The names and addresses of the Designated Collection Centers are mentioned in the Application Form. Investors can also log on to www.camsonline.com and at the website of the fund. In addition to the above, during the NFO period, the investors also have the option to subscribe to the units of this Scheme through the Application Supported by Blocked Amount (ASBA) facility. Investors using the ASBA facility are requested to carefully read the detailed provisions related to ASBA in the Statement of Additional Information (SAI) and ASBA Application Form. ASBA applications are available at Self-Certified Syndicate Banks (SCSBs) and can be submitted only at SCSB at their designated branches. List of SCSBs and their designated branches shall be displayed on the SEBI website (www.sebi.gov.in), BSE website (www.bseindia.com), NSE website (www.nseindia.com). Also, stock brokers registered with recognized stock exchanges and empanelled with the AMC shall also be considered as official points of acceptance of transactions. How to Apply A. Application through Physical Mode: In order to apply to the units of the scheme of AIG Global Investment Group Mutual Fund, the investor would have to fill up the Main application form, enclose the cheque for investment, copy of the PAN card, copy of the KYC letter. The filled application form would have to be submitted at any of our designated collection centers. The NAV applicability for the application will be dependent on the time at which the application was submitted and time stamped. B. Application through ASBA: Investors may also apply through the ASBA process during the NFO period of the scheme by filling in the ASBA form and submitting the same to their respective SCSBs, which in turn will block the amount in the account as per the authority contained in the ASBA form, and undertake other tasks as per the procedure specified therein. For complete details on ASBA, please refer Statement of Additional Information (SAI) and the ASBA application form C. Application through Stock Exchange Infrastructure (MFSS/ BSE StAR MF Platform): Investors who wish to hold units in dematerialized form can approach their AMFI Certified Stock Exchange Brokers as well as clearing members [National Securities Clearing Corporation Limited (NSCCL) and Indian Clearing Corporation Limited (ICCL)] of registered stock exchanges for investing through MFSS and BSE StAR MF platform. The subscription amount should be below ` 1 crore. Investor investing through the MFSS and BSE StAR MF platforms cannot do switches or opt for facilities such as SWP and STP . Please refer to details on FAQs on Purchase and Redemption of units on NSE and BSE platform available on our website www.aiginvestments.co.in

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How to pay

A.

Payment through physical instrument (Cheque/ RTGS/NEFT/ DD): All cheques / drafts must be drawn favouring AIG Monthly Income Plan. They should be crossed Account Payee only. A separate cheque or bank draft must accompany each application. Safe mode of writing cheque: As a best practice, it is recommended to investors that the subscription / purchase payment instruments such as cheque(s) / demand drafts/ pay orders be drawn in favor of the scheme name followed by name of the first holder or his PAN No. or existing Folio No.

Example; Scheme Name First Holders Name or Scheme Name First Holders PAN No. or Scheme Name First Holders Folio No. Cheque payment: either name is preprinted on the cheque or if not, then the signature on the cheque matches with the signature on the application form. If the above information is not available then investor should submit a self attested copy of bank statement or pass book or a letter from the banker stating the account holders name and account number. RTGS / NEFT / Transfer Letters: Incase of RTGS / NEFT / Transfer Letter, investor should submit the copy of bank instruction containing the source bank account number that is being debited for remittance.

While issuing payment from various modes, applicants need to ensure the following: a. b.

c.

d.

Investors may purchase DDs from his bank account by submitting any one of the following along with the application form and other relevant documents: A proof of debit to the investors bank account in the form of a bank managers certificate with details of account holders Name, bank account number and PAN as per bank records, if available or; A copy of the acknowledgement from the bank, wherein the instructions to debit carry the bank account details and name of the investor as an account holder are available or; A copy of the passbook/bank statement evidencing the debit for issuance of a DD

e.

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Post dated cheques; and 29

Acceptance of Demand Draft (DD) issued by the Bank against Cash: Investors are hereby intimated that while procuring a DD against Cash, following documents shall be mandatory: Bankers certificate for issuance of a DD against cash, stating the investors name, investors bank account number and his PAN (if available) as per bank record

However, it must be ensured that bank account number of the investor mentioned in Point no. d & e above is the same as the / one of the registered bank account mandate(s) with the fund or the bank details mentioned in the application form.

Multiple Bank registration is encouraged for investors who wish to issue and receive payments in more than one bank account. Please read more details under Section III. Units and Offer under sub-section B. Ongoing Offer Details - Bank Account Details. Note: The above scrutiny may not be possible at front offices and hence the source funds and relevant documents shall be verified and check subsequently. This may lead to refunds and rejects post allotment of units.

The cheque should be payable at a banks branch, which is situated at and is a member of the Bankers Clearing House / Zone in the city where the application is submitted to a Designated Collection Centre. An investor may invest through a distributor with whom the AMC has made an arrangement.

The following modes of payment are not valid, and applications accompanied by such payments are liable to be rejected. Outstation cheques or outstation demand drafts; Cash, money orders or postal orders; Multiple cheques with a single application.

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Acceptance of Demand Draft (DD) issued from Investors Bank Account for subscription of units:

If the bank clearing circle of a city, where the applicant is residing, is different from any of the investor service centers designated by the AMC from time to time, the AMC shall bear the bank charges (to the extent of the limit as prescribed in the SBI DD charge list) for demand draft(s) borne by the AMC. The AMC shall not refund any demand draft charges. Applications accompanied by cheques / drafts not fulfilling the above criteria are liable to be rejected. Returned cheques are liable not to be presented again for collection, and the accompanying application forms are liable to be rejected. In case the retuned cheques presented again, the necessary charges are liable to be debited to the investor. Note: The Trustee, at its discretion at a later date, may choose to alter or add other modes of payment. Restriction on Acceptance of Third Party Payments for all subscriptions. Pursuant to AMFI Best Practice Guidelines Circular No. 135/BP/16/10 11 dated August 16, 2010, investment / subscription made through Third Party Payment(s)* will not be accepted with effect from November 15, 2010. i) AIG MF shall not accept subscription applications accompanied with Third Party payments. Exceptions are allowed for the following cases subject to submission of requisite documentation / declarations: Payment by Parents/Grandparents/related persons** on behalf of a minor in consideration of natural love and affection or as gift for a value not exceeding ` 50,000/- (each regular purchase or per SIP installment) except for payment made by a guardian whose name is registered in the records of the fund in that folio Payment by Employer on behalf of employee under Systematic Investment Plans or lump-sum/ one-time subscription through Payroll deductions. Custodian on behalf of an FII or a client. *When a payment is from a bank account other than that of the beneficiary investor, the same is referred to as a Third Party payment. It is further clarified that incase of mutual fund subscriptions, the first unit holder is considered as the beneficiary investor, even if there are joint unit holders. Incase of payments from a bank account jointly held, the first holder of the mutual fund subscription has to be one of the joint holders of the bank account from which the payment is made.

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ii) Payment by NRIs, FIIs/PIOs 30

** Related Person means any person investing on behalf of a minor in consideration of natural love and affection or as a gift.

Investors submitting their applications through the above mentioned exceptional cases are required to comply with the following, without which applications for subscriptions for units may be rejected / not processed / refunded: (a) Mandatory KYC for all investors (guardian in case of minor) and the person making the payment i.e. third party. In order for an application to be considered as valid, investors and the person making the payment should attach their valid KYC Acknowledgement Letter to the application form.

(b) Submission of a separate, complete and valid Third Party Payment Declaration Form from the investors (guardian in case of minor) and the person making the payment i.e. third party. The said Declaration Form shall, inter-alia, contain the details of the bank account from which the payment is made and the relationship with the investor(s). Please contact the nearest Investor Service Centre (ISC) of the Fund or visit our website www.aiginvestments.co.in for the said Declaration Form. In terms of Schedule 5 of Notification No. FEMA 20/2000 dated May, 2000; the RBI has granted general permission to NRIs to purchase, on a repatriation basis, units of domestic mutual funds. Further, the general permission is also granted to NRIs to sell the Units to the mutual funds for repurchase or for the payment of maturity proceeds provided that the Units have been purchased in accordance with the conditions set out in the aforesaid notification. For the purpose of this section, the term mutual funds is as referred to in Clause (23 D) of Section 10 of the Income-Tax Act 1961. However, NRI investors, if they so desire, also have the option to make their investment on a non-repatriable basis.

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Mode of Payment on Repatriation basis: In the case of NRIs and Persons of Indian Origin residing abroad, payment may be made by way of Indian Rupee drafts purchased abroad or by way of cheques drawn on Non Resident (External) (NRE) Accounts payable at par at Mumbai. Payments can also be made by means of Indian Rupee drafts payable at Mumbai and purchased out of funds held in NRE Accounts/FCNR Accounts.

In case Indian Rupee drafts are purchased abroad or from FCNR/ NRE accounts, an account debit certificate from the bank issuing the draft confirming the debit shall also be enclosed. NRIs shall also be required to furnish such other documents as may be necessary and as desired by the Fund in connection with the investment in the Scheme. Mode of Payment on Non-Repatriation basis: In the case of NRIs/Persons of Indian Origin seeking to apply for Units on a non-repatriation basis, payments may be made by cheques/demand drafts drawn out of Non-Resident Ordinary (NRO) accounts/Non-Resident Special Rupee (NRSR) accounts and Non Resident Non-Repatriable (NRNR) accounts payable at the city where the Application Form is accepted. Please refer in this section for the Safe mode of writing cheque.

FII Investors In terms of Schedule 5 of Notification No. FEMA 20/2000 dated May, 2000, the RBI has granted general permission to registered FIIs to purchase, on a repatriation basis, units of domestic mutual funds subject to the conditions set out in the aforesaid notification. Further, general permission has also been granted to FIIs to sell the units to the mutual fund for repurchase or for the payment of maturity proceeds, provided that the units have been purchased in accordance with the conditions set out in the aforesaid notification. For the purpose of this section, the term mutual funds is as referred to in Clause (23 D) of Section 10 of the Income Tax Act 1961. For the purpose of this section, the term mutual funds is as referred to in Clause (23 D) of Section 10 of the Income Tax Act 1961. Mode of Payment on Repatriation basis: FIIs may pay their subscription amounts either by way of inward remittance through normal banking channels or out of funds held in a Foreign Currency Account or a Non-resident Rupee Account maintained by the FII with a designated branch of an authorized dealer with the approval of the RBI subject to the terms and conditions set out in the aforesaid notification. In case Indian rupee drafts are purchased abroad or from Foreign Currency Accounts or Nonresident Rupee Accounts, an account debit certificate from the bank issuing the draft confirming the debit shall also be enclosed. Please refer in this section for the Safe mode of writing cheque. Payment through ASBA mode:

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C.

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B. (i) Allotment of Units is made or (ii) Rejection of the application or SCSBs shall unblock the bank accounts for (ii) in case the application is rejected 31

On receipt of ASBA applications, SCSBs will block the NFO subscription funds that are available in the bank account specified to the extent of the amount specified in the ASBA Application Form. In case the investor is applying through Demat mode through ASBA application, he will have to specify Demat details in the ASBA application form. ASBA application form will not be accepted at any of the offices of AIGGIG Mutual Fund or its Registrar & Transfer Agent (CAMS). The ASBA application can only be accepted at SCSBs.

The application money towards the Subscription of Units shall be blocked in the account until

(iii) Winding up of the Scheme, as the case may be. (i) Transfer of requisite money to the Mutual Fund / Scheme bank account against each valid application on allotment or Through MFSS & BSE StAR MF platform: Investors who wish to apply for units through Demat mode, can place orders for subscription by providing their depository account details to the AMFI certified Stock Exchange Broker as well as clearing members [National Securities Clearing Corporation Limited (NSCCL) and Indian Clearing Corporation Limited (ICCL)] of registered stock exchanges. Please refer to details on FAQs on Purchase and Redemption of units on NSE and BSE platform available on our website www.aiginvestments.co.in

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Dematerialization and Rematerialization

The Unit holders are given an option to hold the Units by way of an account statement (physical form) or in dematerialized form (Demat unit holders opting to hold the Units in demat form must provide their Demat account details in the specified section of the application form. Unit holders intending to hold the Units in Demat form are required to have a beneficiary account with the Depository Participant (DP) registered with NSDL/CDSL and will be required to indicate in the application form, the DPs name, DP ID number and the beneficiary account number of the Unit holder with the DP . The Units of the Scheme will be traded compulsorily in dematerialized form). In case Unit holders do not provide their Demat account details or provide incomplete details or the details do not match with the records as per Depository (ies), an account statement shall be sent to them. Such investors will not be able to trade on the stock exchange till the holdings are converted in to Demat form. Unit holder who so desires to hold the Units in demat form at a later date, will be required to have a beneficiary account with a DP of NSDL/CDSL and will have to submit the account statement along with a request form asking for the conversion into demat form to the Depository. This request is called a Demat Request Form (DRF).

Rematerialization of Units will be in accordance with the provisions of SEBI (Depositories & Participants) Regulations, 1996 as may be amended from time to time. Listing The Scheme being open ended; the Units are not proposed to be listed on any stock exchange. However, the Fund may at its sole discretion list the Units on one or more stock exchanges at a later date. Special Products / facilities The Special facilities available during the NFO are SIP STP and SWP Please see the relevant sections on , , . available during the NFO SIP STP and SWP below. , ASBA is an application containing an authorisation given by the investor to block the application money in his specified bank account towards the subscription of units offered during the NFO of the Scheme. If an investor is applying through ASBA facility, the application money towards the subscription of units shall be debited from his/her bank account only if his/her application is selected for allotment of units. Please refer the SAI and ASBA application form for complete details on ASBA. The policy regarding reissue Presently the AMC does not intend to reissue the repurchased units. The trustee reserves the right to of repurchased units, reissue the repurchased units at a later date after issuing adequate public notices and taking approvals, if including the maximum any, from SEBI. extent, the manner of reissue, the entity (the scheme or the AMC) involved in the same. Restrictions, if any, on The Units of the Scheme are not transferable except units of the scheme held in demat mode. the right to freely retain In view of the same, additions/ deletion of names will not be allowed under any folio of the Scheme. or dispose of units being However, the said provision will not be applicable in case a person (i.e. a transferee) becomes a holder of offered. the units by operation of law or upon enforcement of pledge, then the AMC shall subject to production

B.

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ONGOING OFFER DETAILS Ongoing Offer Period This is the date from which the scheme will reopen for subscriptions/redemptions after the closure of the NFO period. Ongoing price for subscription (purchase)/ switch-in (from other scheme/plans of the mutual fund) by investors This is the price you need to pay for purchase/ switch-in.

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Purchase Price = Applicable NAV 32

of such satisfactory evidence and submission of such document, proceed to effect the transfer, if the intended transferee is otherwise eligible to hold the units of the scheme. The above provisions in respect of deletion of names will not be applicable in case of death of unit holder (in respect of joint holdings) as this is treated as transmission of units and not transfer.

The Scheme will reopen for subscription/redemption within 5 Working Days from the closure of the NFO.

The Purchase Price of the Units on an ongoing basis will be calculated as described below: The NAV will be calculated by rounding up to four decimal places for the Scheme for the NFO and for the ongoing offer.

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The Mutual Fund will offer ASBA facility during the NFO of the Scheme.

Ongoing price for redemption (sale) /switch outs (to other scheme/ plans of the Mutual Fund) by investors This is the price you will receive for redemptions/ switch outs.

The Redemption Price / Switch out price of the Units is the price at which a Unit Holder can redeem Units of a scheme. It will be calculated as described below: Redemption Price = Applicable NAV x (1 Exit Load* or CDSC*) * Either Exit Load or CDSC, whichever is applicable, will be charged. Redemption Price will be calculated up to four decimal places for the Scheme. For example, if the Applicable NAV of a Scheme is ` 1,000/ and it has a 1% Exit Load, the Redemption Price will be calculated as follows: Redemption Price = ` 1,000 x (1 1.00%) i.e. ` 1,000 x 0.99 = ` 990/-. If the Scheme has no Exit Load and no CDSC, the Redemption Price will be equal to the Applicable NAV. Investors may note that the Trustee has a right to modify the existing Load structure in any manner or introduce/ change Exit Load or CDSC or a combination of Exit Load and / or CDSC and / or any other Load subject to a maximum as prescribed under the Regulations and with prospective effect only.

Standard Observation No. 17 b Cut off timing for subscriptions/ redemptions/ switches This is the time before which your application (complete in all respects) should reach the official points of acceptance.

The Mutual Fund will offer that the redemption price is not lower than 93% of the applicable NAV and the difference between the repurchase price and sale price is not exceeding 7% on the sale price or as per the limit prescribed by SEBI from time to time. The Cut-off time for the Scheme is 3.00 pm and the Applicable NAV will be as under: For Purchase / Switch-in: In respect of valid Purchase applications [alongwith necessary documents] of investment amount less than ` 1 Crore accepted at an Official Point of acceptance received up to 3.00 pm on a Business Day, the closing NAV of the day of receipt of application will be applicable; In respect of valid Purchase applications [alongwith necessary documents] of investment amount equal to or more than ` 1 Crore accepted at an Official Point of acceptance received up to 3.00 pm on a Business Day, and the funds are available for utilisation before the cut-off time without availing any credit facility, whether intra-day or otherwise, the closing NAV of the day of receipt of application will be applicable; In respect of valid Purchase applications [alongwith necessary documents] of investment amount less than ` 1 Crore accepted at an Official Point of Acceptance received after 3.00 pm on a Business Day, the closing NAV of the next Business Day will be applicable,

D
b) i. ii. Where can the applications for purchase/ redemption switches be submitted?

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For allotment of units, it shall be ensured that: a) For Redemption/ Switch out: 33

In respect of valid Purchase applications [alongwith necessary documents] of investment amount equal to or more than ` 1 Crore accepted at an Official Point of Acceptance received after 3.00 pm on a Business Day, and the funds are available for utilisation on the same day without availing any credit facility, whether intra-day or otherwise, the closing NAV of the next Business Day will be applicable, and Irrespective of the time of receipt of application of investment amount equal to or more than ` 1 Crore, where the funds are not available for utilisation before the cut-off time without availing any credit facility, whether intra-day or otherwise, the closing NAV of the day on which the funds are available for utilisation will be applicable. For all valid applications of investment amount less than ` 1 Crore the application is received before the applicable cut-off time; For all valid applications of investment amount equal to or more than ` 1 Crore The application is received before the applicable cut-off time, Funds for the entire amount of subscription / purchase as per the application / switch-in request are credited to the bank account of the Scheme before the cut-off time,

iii. The funds are available for utilisation before the cut-off time without availing any credit facility whether intra-day or otherwise, by the Scheme.

In respect of valid applications accepted at an Official Point of Acceptance upto 3.00 p.m. on a Business Day, the closing NAV of the same day will be applicable; and In respect of valid applications accepted at an Official Point of Acceptance after 3.00 p.m., the closing NAV of the next Business Day will be applicable. Investors can submit the application forms at AMC, ISCs, and such other collection centers as designated by the AMC where the applications shall be received. The names and addresses of the Designated Collection Centers are mentioned at the end of the SID and in the Application Form.

FT

Minimum amount for Purchase / Redemption / Switches

First Time Purchase ` 5,000/Additional Purchase ` 5,000/- and in multiple of ` 1 thereafter Purchase through SIP STP and SWP , ` 1,000/The SIP/STP/SWP requests/transfers should be for minimum 6 months/quarters or minimum 6 transfers. Redemption The minimum amount for redemption must be ` 1000/- or account balance whichever is less. Investor may note that upon the processing of redemption/switch out request, if the account balance in the scheme is less than ` 1000/- then the same will be redeemed/switched out along with the said request. Switches The minimum amount in case of inter/ intra scheme (inter plan/inter option) switches shall be the minimum amount required in the respective transferee scheme/plan. Investors may note that in case balance in the account of the unit holder does not cover the amount of redemption request, the Mutual Fund is authorized to close the account of such unit holder and redeem the entire balance to the unit holder. Closure of Unit holders account: Investors may note that AMC at its sole discretion may close a unit holders account under an option, if at the time of any part redemption, the value of the balance falls below ` 1,000 [or such other amount as AMC may decide from time to time] or where the units are held by the unit holder in breach of any Regulation.

Minimum balance to be maintained and consequences of nonmaintenance.

Special Products / facilities available

However the AMC/Trustees reserves the right to change it at any future date by giving advance notice. The Special facilities available during the ongoing offer are:
l l l

SIP STP SWP

Switching

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34

l Application through Stock Exchange Infrastructure (MFSS/ BSE StAR MF Platform)

Please see the relevant sections on the above mentioned elsewhere in this document. (i) Inter-Scheme Switching The Transaction Slip can be used by investors to make inter-Scheme switches within the Fund. All valid applications for switch-out shall be treated as Redemption and for switch-in as Purchases with the respective Applicable NAVs of the Scheme / option.

(ii) Intra-Scheme Switching (Between Growth Option and Dividend Option or between dividend options) Investors can switch between different options under the scheme at the Applicable NAV. All valid applications for switch-out shall be treated as Redemption and for switch-in as Purchases with the respective Applicable NAVs of the option. As per current Load structure, no Entry or Exit Loads will be charged for intra-scheme switching. However, the AMC may change the Loads prospectively as indicated in the paragraph on Load Structure of the Scheme in this SID. Note: For tax implications on switching, please refer to SAI under Chapter Tax & Legal & General Information.

FT

Accounts Statements Standard Observation No. 18

For normal transactions (other than SIP/STP/SWP) during ongoing sales and repurchase: The AMC shall issue to the investor whose application (other than SIP/STP/SWP) has been accepted, an account statement specifying the number of units allotted. The Account Statement shall be dispatched within the time frame specified by SEBI. The AMC shall issue allotment advice to an applicant who has opted to hold units in dematerialized form. In case the investor provides the e-mail address, the Fund will provide the Account Statement/advice only through e-mail message. The Account Statements shall be non-transferable. If the Unitholder so desires, non-transferable unit certificates will be issued within 5 working days of the receipt of request for the certificate. The unitholder may request for a physical account statement by writing/calling the AMC/ISC/R&T. The same shall be sent by ordinary post or courier. Account Statement for SIP , STP and SWP will be despatched once every quarter ending March, June, September and December within 10 business days of the end of the respective quarter. A soft copy of the Account Statement shall be mailed to the investors under SIP/STP/SWP to their e-mail address on a monthly basis, if so mandated. However, the first Account Statement under SIP/STP/SWP shall be issued within 5 working days of the initial investment/transfer.

For SIP / STP / SWP transactions:

Both for normal and SIP/STP/SWP transactions as stated above, in the event the account has more than one registered holder the first-named Unit holder shall receive the account statements. For Demat mode transactions: The demat statement given by the Depository Participant (DP) would be deemed as adequately compliant with the requirement of the statement of account as specified in SEBI Circular No. SEBI / IMD / Cir No.11 / 183204/ 2009 dated November 13, 2009. Annual Account Statement: The Mutual Funds shall provide the Account Statement to the Unitholders who have not transacted during the last six months prior to the date of generation of account statements. The Account Statement shall reflect the latest closing balance and value of the Units prior to the date of generation of the account statement.

Dividend

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The account statements in such cases may be generated and issued along with the Portfolio Statement or Annual Report of the Scheme.

Alternately, soft copy of the account statements shall be mailed to the investors e-mail address, instead of physical statement, if so mandated. The dividend warrants shall be despatched to the Unit holders within 30 days of the date of declaration of dividend. In the event of failure of despatch of dividend within the stipulated 30 day period. In case of Unit holders having a bank account with certain banks with whom the Mutual Fund would have an arrangement from time to time, the dividend proceeds shall be directly credited to their account. The dividend will be paid by warrant and payments will be made in favour of the Unit holder (registered holder of the Units or, if there is more than one registered holder, only to the first registered holder) with bank account number furnished to the Mutual Fund (please note that it is mandatory for the Unit holders to provide the Bank account details as per the directives of SEBI). Further, the dividend proceeds may be paid by way of ECS /EFT / NEFT / RTGS / any other manner through which the investors bank account specified in the Registrar & Transfer Agents records is credited with the dividend proceeds as per the instructions of the Unit holders.

In case the dividend amount is less than ` 100 such dividend shall be compulsorily reinvested.

FT

In case of specific request received from investors, Mutual Funds shall provide the account statement (SIP/STP/SWP) to the investors within 5 working days from the receipt of such request without any charges.

How to redeem

a.

Redemption through physical applications : A Transaction Slip or Common Transaction Form (CTF) can be used by the Unit Holder to request for Redemption. The requisite details should be entered in the Transaction Slip or Form and submitted at an ISC. Transaction Slips or the CTF can be obtained from any of the ISCs. Payment of Proceeds Resident Investors Redemption proceeds will be paid by cheques, marked A/c Payee only and drawn in the name of the sole holder / first named holder (as determined by the records of the Registrar) or Direct Credit to a set of banks with which the AMC has a tie up. The bank name and bank account number, as given by the unit holder, will be mentioned in the cheque. The cheque will be payable at par at all the cities having ISCs. If the Unit Holder resides in any other city, he will be paid by a demand draft payable at the city of his residence and the demand draft charges shall be borne by the AMC. Direct Credit The fund offers a Direct facility through which the investors bank account is credited with the Redemption proceeds. It is clarified that in the event of any non credit by the bank and/or wrongful credit due to incorrect bank account details provided by the unit holder, the AMC / Registrar will not be liable. In the interest of the investors, it is advised that due care is taken while providing the bank details to the Fund. The Direct Credit facility is available for specific banks with whom AMC have a tie up from time to time. Investors need to check with the AMC for an updated list of the Direct Credit Banks. Investors having bank mandates where the AMC has a Direct Credit facility will receive redemption/dividend proceeds by way of Direct Credit only and not cheques.

The Fund will endeavor to dispatch the Redemption proceeds within 3 Business Days from the acceptance of the Redemption request, but not beyond 10 Business Days from the date of Redemption. If the payment is not made within the period stipulated in the Regulations, the Unit Holder shall be paid interest as per the SEBI regulations. Further, the redemption proceeds may be paid by way of ECS /EFT / NEFT / RTGS / any other manner through which the investors bank account specified in the Registrar & Transfer Agents records is credited with the redemption proceeds as per the instructions of the Unit holders.

Note: The Trustee, at its discretion at a later date, may choose to alter or add other modes of payment.

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The Redemption proceeds will be sent by courier or (if the addressee city is not serviced by the courier) by registered post. The dispatch for the purpose of delivery through the courier / postal department, as the case may be, shall be treated as delivery to the investor. The AMC / Registrar are not responsible for any delayed delivery or non-delivery or any consequences thereof, if the dispatch has been made correctly as stated in this paragraph. Discontinuation of Change of Bank Account Mandate along with redemption/dividend proceeds facility

In compliance with AMFI Best Practice Guidelines Circular No.17/2010-11 dated October 22, 2010, consequent to introduction of Multiple Bank Accounts Facility, the existing facility of redemption/ dividend proceeds with change of bank mandate is discontinued by the Fund w.e.f. November 15, 2010. New bank accounts can only be registered using the designated Multiple Bank Account Registration Form. Further please note the following important points in this regard: (i) Proceeds of any redemption/dividend will be sent only to a bank account that is already registered and validated in the folio at the time of redemption transaction processing.

(ii) Unit holder(s) may choose to mention any of the existing registered bank accounts with redemption/ dividend payment request for receiving redemption/dividend proceeds. If no registered bank account is mentioned, default bank account will be used.

(iii) If unit holder(s) provide a new and unregistered bank mandate or change of bank mandate request with a specific redemption/dividend payment request (with or without necessary supporting documents) such bank account may not be considered for payment of redemption/dividend proceeds, or the Fund may withheld the payment for upto 10 calendar days to ensure validation of new bank mandate mentioned. Valid change of bank mandate requests with supporting documents will be processed within 10 business days of necessary documents reaching the office of RTA and any financial transaction request received in the interim will be carried based on previous details only.

FT

Non-Resident Investors For NRIs, Redemption proceeds will be remitted depending upon the source of investment as follows: (i) Repatriation Basis When Units have been purchased through remittance in foreign exchange from abroad or by cheque / draft issued from proceeds of the Unit Holders FCNR deposit or from funds held in the Unit Holders Non Resident (External) account kept in India, the proceeds can be remitted to the Unit Holder in foreign currency (any exchange rate fluctuation will be borne by the Unit Holder). The proceeds can also be sent to his Indian address for crediting to his NRE / FCNR / Non-Resident (Ordinary) Account, if desired by the Unit Holder. When Units have been purchased from funds held in the Unit Holders Non-Resident (Ordinary) Account, the proceeds will be sent to the Unit Holders Indian address for crediting to the Unit Holders Non-Resident (Ordinary) account. For FIIs, the designated branch of the authorised dealer may allow remittance of net sale / maturity proceeds (after payment of taxes) or credit the amount to the Foreign Currency account or Nonresident Rupee account of the FII maintained in accordance with the approval granted to it by the RBI. The Fund will not be liable for any delays or for any loss on account of any exchange fluctuations while converting the Rupee amount in foreign exchange in the case of transactions with NRIs / FIIs.

(ii) Non Repatriation Basis

The Fund may make other arrangements for effecting payment of Redemption proceeds in future. b. Application through Stock Exchange Infrastructure (MFSS/ BSE StAR MF Platform): Investors wishing to redeem their units held in demat mode in Scheme listed on MFSS and BSE StAR MF platform, can place their redemption request with the AMFI Certified Stock Exchange Brokers by providing Depository Instruction Slip with redemption details. The AMFI Certified Stock Exchange Broker will place the redemption order in the system and will provide a confirmation slip to the investor. The redemption proceeds will be directly credited to the investors bank account, as per the bank account details recorded with the Depository Participant.

Redemption

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37

Alternatively, units of Mutual Fund Scheme is permitted to be transacted through clearing members [National Securities Clearing Corporation Limited (NSCCL) and Indian Clearing Corporation Limited (ICCL)] of NSE and BSE for redeeming the mutual fund units. Units can be redeemed at the Redemption Price during the Ongoing Offer Period. The redemption or repurchase proceeds shall be dispatched to the unitholders within 10 business days from the date of redemption or repurchase.

The Unit Holder has the option to request for Redemption either in amount in rupees or in number of Units. Units purchased by cheque may not be redeemed until after realization of the cheque.

In case the investor mentions the number of Units as well as the amount, then the amount will be considered for processing the Redemption request. In case the investor mentions the number of units or the amount in words and figures, then the value in words will be taken for processing the Redemption request. If the redemption request amount exceeds the balance lying to the credit of the Unitholders said account, then the fund shall redeem the entire amount lying to the credit of the Unitholders account in that Scheme/Option. If an investor has purchased Units on more than one Business Day, the Units purchased prior in time (i.e. those Units which have been held for the longest period of time), are deemed to have been redeemed first, i.e. on a First In First Out Basis except when the Unitholder specifically requests redemption of Units purchased on specific date(s).

FT

The proceeds may be paid by way of direct credit through which the investors bank account specified in the Registrars records is credited with the Redemption proceeds. The Direct Credit facility is available for specific banks with whom AMC have a tie up from time to time. Investors need to check with the AMC for an updated list of the Direct Credit Banks. Investors having bank mandates where the AMC has a Direct Credit facility will receive redemption/dividend proceeds by way of Direct Credit only and not cheques.

The minimum amount in rupees for Redemption shall be ` 1,000/- or account balance which ever is less. Investor may note that upon the processing of part redemption/switch out request, if the account balance in the scheme falls below ` 1000/- then the same will be redeemed/switched out along with the said request. The redemption warrants shall be despatched to the Unit holders within 10 days of the date of processing of redemption. In the event of failure of despatch of redemption within the stipulated 10 days period; In case of Unit holders having a bank account with certain banks with whom the Mutual Fund would have an arrangement from time to time, the redemption proceeds shall be directly credited to their account. The redemption will be paid by warrant and payments will be made in favour of the Unit holder (registered holder of the Units or, if there is more than one registered holder, only to the first registered holder) with bank account number furnished to the Mutual Fund (please note that it is mandatory for the Unit holders to provide the Bank account details as per the directives of SEBI).

Further, the redemption proceeds may be paid by way of ECS /EFT / NEFT / RTGS / any other manner through which the investors bank account specified in the Registrar & Transfer Agents records is credited with the redemption proceeds as per the instructions of the Unit holders. Delay in payment of The Asset Management Company shall be liable to pay interest to the unitholders at such rate as may be redemption / repurchase specified by SEBI for the period of such delay (presently @ 15% per annum). proceeds / dividend warrants Standard Observation No. 19

Multiple Bank Account Registrations:

In compliance with AMFI Best Practice Guidelines Circular No.17/2010-11 dated October 22, 2010, AIG Global Investment Group Mutual Fund offers its investors the facility to register multiple bank accounts in their folios to receive redemption / dividend proceeds. Salient features of the Multiple Bank Account Registration facility are as below:

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38

Individual and Hindu Undivided Family (HUF) investors will be allowed to register 5 bank accounts and non-individual investors will be allowed to register up to 10 bank accounts. Multiple Bank Registration Form will allow investors to do the following: Part A Registering Multiple Bank Accounts Part B Registering Default Bank Account. Part C Deleting of Registered Bank Account

The unit holder can choose any one of the registered bank accounts as default bank account. However, in case a unit holder does not specify the default bank account, the Fund reserves the right to designate any of the registered bank accounts as default bank account. Unit holders may also note that the registered bank accounts may also be used for verification of pay-ins (i.e. receiving of subscription funds) to ensure that a third party payment is not used for mutual fund subscription. The following documents will be required for the registration of the bank accounts: A cancelled original cheque leaf or a self attested copy of the cheque leaf wherein the account number and name(s) of the account holders are printed on the face of the cheque. In case the names are not so mentioned, the customer can submit a certificate from the bank or the bank account statement or a copy of the bank pass book which contain the details of the account such as name and address of the customer, bank account number, bank branch and address, MICR and IFSC code of the branch. The above documents will also be required for change in bank account mandate submitted by the investor. Discontinuation of Change of Bank Account Mandate along with redemption/dividend proceeds facility: Please refer to section III. Units and Offer sub-section B. Ongoing Offer Details - How to Redeem.

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Bank Account Details

As per the directives issued by SEBI, it is mandatory for applicants to mention their bank account numbers in their applications for purchase or redemption of Units. If the Unit-holder fails to provide the Bank mandate, the request for redemption would be considered as not valid and the Fund retains the right to withhold the redemption until a proper bank mandate is furnished by the Unit-holder and the provision with respect of penal interest in such cases will not be applicable/ entertained.

Policy on Investments Scheme

Offshore by the

SEBI vide Circular Nos. SEBI/IMD/CIR No. 7/ 104753/ 07 dated September 26, 2007 and SEBI/IMD/CIR No.2/122577/08 dated April 8, 2008 currently permit mutual funds to invest in ADRs/GDRs/ Foreign Securities issued by Indian companies and notified foreign securities subject to certain prescribed limits. Pursuant to above SEBI Circular the Mutual Fund can make investments in; i. ii. iii. iv. ADRs/ GDRs issued by Indian or foreign companies Equity of overseas companies listed on recognized stock exchanges overseas Initial and follow on public offerings for listing at recognized stock exchanges overseas Foreign debt securities in the countries with fully convertible currencies, short term as well as long term debt instruments with rating not below investment grade by accredited/registered credit rating agencies Money market instruments rated not below investment grade Repos in the form of investment, where the counterparty is rated not below investment grade; repos should not however, involve any borrowing of funds by mutual funds

v. vi.

vii. Government securities where the countries are rated not below investment grade viii. Derivatives traded on recognized stock exchanges overseas only for hedging and portfolio balancing with underlying as securities ix. Short term deposits with banks overseas where the issuer is rated not below investment grade x. Units/securities issued by overseas mutual funds or unit trusts registered with overseas regulators and investing in (a) aforesaid securities, (b) Real Estate Investment Trusts (REITs) listed on recognized stock exchanges overseas or (c) unlisted overseas securities (not exceeding 10% of their net assets). The investment in ADRs/ GDRs/ Foreign Securities by the Mutual Fund shall be within overall all limit of US $ 7 billion with a sub ceiling for individual mutual funds, subject to a maximum of US $ 300 million per mutual fund. It is the Investment Managers belief that overseas securities offer new investment and portfolio diversification opportunities into multi-market and multi-currency products. However, such investments also entail additional risks. Such investment opportunities may be pursued by the Investment Manager provided they are considered appropriate in terms of the overall investment objectives of the Scheme. a. Systematic Investment Plan (SIP)

SIP allows investors to invest a fixed amount of Rupees on specific dates every month or quarter by purchasing Units of the Scheme at the Purchase Price prevailing at such time. Any unit holder can avail of this facility subject to certain terms and conditions contained in the Application form. The SIP payments can be made either by issue of Post Dated Cheques or by availing the Direct Debit Facility through ECS. Direct Debit Facility in SIP through ECS Unit Holders investing under SIP in the Scheme will have to avail the facility of Direct Debit through Electronic Clearing Service (ECS Facility offered by RBI).

D
Micro SIP

Direct Debit allows an investor to instruct his bank to debit his bank account at periodic intervals for making investments in mutual fund scheme(s). However the first investment in SIP under this mode shall be by way of cheque only. For subsequent installments, investors can choose between 1st, 7th, 14th and 21st of every month / quarter for the SIP . This facility is available in select locations as indicated on the reverse of the SIP Auto Debit Form. The SIP request should be for a minimum of 6 months / quarters. Investor has an option to choose all four dates. In case All four dates is selected, minimum 6 cheques for each date should be given i.e. minimum 24 cheques should be given. There shall be a gap of at least 30 days between the date of the first and second installment in the case of a SIP initiated during the Ongoing Offer period. Please refer to the SIP Auto Debit Form for further Terms & Conditions. The minimum SIP installment amount is ` 1000/The load structure prevailing at the time of submission of the SIP application (whether fresh or extension) will apply for all the installments indicated in such application. Investors should note that an application for SIP should be submitted at any of the AMC/CAMS Investor Service Centres as listed in the application form. For applicable load on Purchases through SIP please refer to the Section IV, FEES AND EXPENSES, sub-section C. LOAD STRUCTURE. ,

SIPs upto ` 50,000/- per year per investor i.e. aggregate of installments in a rolling 12 month period or in a financial year shall be referred to as Micro SIP. For further details on Micro SIP please refer to SAI and the Micro SIP Application Form. , 39

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This facility enables investors to save and invest periodically over a longer period of time. It is a convenient way to invest as you earn and offers the investor an opportunity to enter the market regularly, thus averaging the acquisition cost of Units.

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b.

Systematic Transfer Plan (STP) This facility enables the unitholders to switch an amount from their existing investments in a Scheme/Option of the Fund, which is available for investment at that time at periodic intervals through a one time request. The switch can be made either weekly, fortnightly or monthly. Under this facility the switch by the unit holders should be within the same account/folio number. The unitholder has to fulfill the following criteria in order to avail of the Systematic Transfer Plan a) A Unit Holder has to have a minimum balance of ` 25,000/- in a Liquid scheme or b) c) d) ` 10,000/- in a non-liquid scheme (in a particular folio) or the minimum amount as stated in the offer document of the respective transferor scheme, whichever is higher A minimum of 6 such transfers has to be submitted for the STP

The transfer will be effected by way of a switch, i.e. redemption of Units from one Scheme and investment of the proceeds thereof, in the other Scheme at the then prevailing terms of both Scheme. All transactions by way of STP shall, however, be subject to the terms (other than minimum application amount) of the target Scheme. A Unit Holder who opts for an STP has the choice of switching (i) a fixed amount or (ii) an amount equal to the periodic appreciation on his/her/its investment in the Scheme from which the transfer is sought, as detailed below: Fixed Amount Under this alternative, a Unit Holder may switch a fixed amount of at least ` 1,000/- per transaction and the STP Date for the switch will be as under. a) where a weekly STP is opted for, the STP Date shall be the 1st, 7th, 14th or 21st, as the case may be, for the period concerned b) where a fortnightly STP is opted for, the STP Date shall be the 1st, 7th, 14th or 21st, as the case may be. For example if the investor selects 1st then the next date could be 14th or if he selects 7th then the next date could be 21st of the month c) where a monthly STP is opted for, the STP Date shall be the 1st, 7th, 14th or 21st, as the case may be, of the month concerned.

The Units in the Scheme/Option from which the switch out is sought will be redeemed at the Applicable NAV of the Scheme/Option on the respective dates on which such switches are sought and the new Units in the Scheme/Option to which the switch in is sought will be created at the Applicable NAV of such Scheme/Option on the respective dates. In case the day on which the transfer is sought is a non business day for the Scheme, the same will be processed on the immediately following business day. Appreciation:

Under this option, the Unitholder can seek switch of an amount equal to the periodic appreciation on the investment. This facility is available only under monthly frequency. Under this option the Unit holder switches only proportionate number of Units, which when multiplied by the applicable NAV is, in amount terms equal to the appreciation in the investment over the last month. The investor has to mention a Start Date. The STP Date available under this alternative are 1st, 7th, 14th or 21st of the month. The first switch will happen after one month from the start date. In case the investor purchases additional Units, the amount to be switched would be equal to the appreciation generated on such Units, provided the appreciation is atleast ` 1000/-. In the absence of any appreciation or appreciation less than ` 1000/- as mentioned above, the switch under this option will not be made for that month. The Units in the Scheme/ Option from which the switch out is sought will be redeemed at the Applicable NAV of the Scheme/Option on the respective dates on which such switches are sought and the new Units in the Scheme/ Option to which the switch in is sought will be allotted at the Applicable NAV of such Scheme/Option on the respective dates. In case the day on which the transfer is sought is a non-business day for the Scheme, the same will be processed on the immediately following business day. Systematic Withdrawal Plan (SWP)

c.

D
Fixed Option: Appreciation Option:

This facility enables the Unitholders to withdraw sums from their Unit accounts in the Scheme at periodic intervals through a one-time request. The withdrawals can be made on Monthly basis on 1st, 7th, 14th or 21st of every month. This facility is available in two options to the Unitholders:

Under this option, the Unitholder can seek redemption of a fixed amount of not less than ` 1000/- from his Unit account. In this option the withdrawals will commence from the Start Date (being one of the dates indicated above) mentioned by the Unitholder in the Application Form for the facility. The Units will be redeemed at the Applicable NAV of the respective dates on which such withdrawals are sought. In case the day on which the withdrawal is sought is a non-business day for the Scheme, the same will be processed on the immediately following business day.

Under this option, the Unitholder can seek redemption of an amount equal to a periodic appreciation on the investment. The Unitholder redeems only such number of Units, which when multiplied by the Applicable NAV is, in amount terms equal to the appreciation in his investment over the last month provided the appreciation is atleast ` 1000/-. In the absence of any appreciation or appreciation less than ` 1000/- as mentioned above, the withdrawal under this option will not be made for that month. The investor would need to indicate in 40

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his systematic withdrawal request, the commencement / start date from which the appreciation in investment value should be computed. The withdrawal will commence after one month from the commencement / start date mentioned by the Unitholder in the application Form and can, at the investors discretion be on 1st, 7th, 14th or 21st of the month. The Units will be redeemed at the Applicable NAV of the respective dates on which such withdrawals are sought. In case the day on which the withdrawal is sought is a non business day for the Scheme, the same will be processed on the immediately following business day. In case the investor purchases additional Units, the withdrawal amount would include the appreciation generated on such Units as well. In the absence of any appreciation or appreciation less than ` 1000/-, the redemption under this option will not be made. This facility is explained by way of an illustration below: Date Amount Invested (`) 1,000,000 Amount withdrawn under SWP (`) 7,000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 7000.00 Assumed** NAV per unit (`) 10.00 10.071 10.142 10.214 10.286 10.359 10.432 10.506 10.580 10.655 10.730 10.806 10.883 10.960 Units redeemed 695.065 690.199 685.334 680.537 675.741 671.012 666.286 661.626 656.969 652.377 647.788 643.205 638.686 Unit Balance* 100,000.00 99304.935 98614.736 97929.402 97248.865 96573.124 95902.112 95235.826 94574.200 93917.231 93264.854 92617.066 91973.861 91335.175 Value after SWP (`) 1,000,000 1,000,100.00 1,000,150.65 1,000,250.91 1,000,301.83 1,000,400.99 1,000,450.83 1,000,547.59 1,000,595.04 1,000,688.10 1,000,731.88 1,000,820.02 1,000,951.53 1,001,033.52

** The NAVs in the table above are purely illustrative and should not be understood or construed as assured or guaranteed returns. Entry & Exit Loads are assumed to be NIL for the purpose of the illustration.

For applicable load on Redemptions through SWP , please refer to the Section IV, FEES AND EXPENSES, sub-section C. LOAD STRUCTURE. Note: Investors who avail of either the SIP SWP or STP facility can at any time opt out of the facilities or can purchase, redeem or switch , outside these facilities at their convenience.

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* Previous Balance less Units redeemed.

C.

PERIODIC DISCLOSURES Net Asset Value

The AMC will calculate and disclose the first NAV of the scheme not later than 5 working days from the allotment of units of the scheme. Subsequently, the Mutual Fund shall declare the Net asset This is the value per unit of the .M on AMFIs website at www.amfiindia.com scheme on a particular day. You value of the Scheme on every business day by 9.00 P can ascertain the value of your and also on our website at www. aiginvestments.co.in. investments by multiplying the NAV The NAVs of the Scheme will be calculated by the Fund on all Business Days and details may be obtained by calling the investor care number 1800 200 3444 of the AMC. The Fund will publish on all business with your unit balance. days the NAVs, Purchase Price and Redemption Price of the Scheme in at least two daily newspapers. Half yearly Disclosures: Portfolio / The Fund shall before the expiry of one month from the close of each half year (March 31st and September 30th) publish its unaudited financial results in one national English daily newspaper Financial Results circulating in the whole of India and in a regional newspaper published in the language of the region This is a list of securities where the corpus of the scheme is currently where the Head Office of the mutual fund is situated. These shall also be displayed on the website invested. The market value of these of the AMC and that of AMFI. investments is also stated in portfolio Full portfolio details, in the prescribed format, shall also be disclosed either by publishing it in the newspapers or by sending to the Unit Holders within one month from the end of each half-year and disclosures. it shall also be displayed on the website of the AMC.

FT

January 15, 2010 February 10, 2010 March 10, 2010 April 10, 2010 May 10, 2010 June10, 2010 July 10, 2010 August 10, 2010 September 10, 2010 October 10, 2010 November 10, 2010 December 10, 2010 January 10, 2011 February 10, 2011

Standard Observation No. 17 a

Half-yearly Results

Annual Report

Associate Transactions Taxation The information is provided for general information only. However, in view of the individual nature of the implications, each investor is advised to consult his or her own tax advisors/ authorised dealers with respect to the specific amount of tax and other implications arising out of his or her participation in the Scheme.

The mutual fund and Asset Management Company shall before the expiry of one month from the close of each half year that is on 31st March and on 30th September, publish its unaudited financial results in one national English daily newspaper and in a regional newspaper published in the language of the region where the Head Office of the mutual fund is situated. The Fund will, not later than four months after the close of each financial year (March 31), mail to the Unitholders an abridged scheme wise annual report. Further, the full text of the Annual Report will be available for inspection at the office of the Fund. A copy of the Annual Report will be sent to Unit holders, on specific request. Please refer to Statement of Additional Information (SAI). Tax Rate* under the Income Tax Act, 1961 Residents Short Term capital Gain Long Term capital Gain NRIs/PIOs FIIs 30% * (u/s 115AD) 10%** (u/s 115AD) Taxable at normal rates of tax applicable to the assessee 10% without indexation, or 20% with indexation, whichever is lower (u/s 112) TDS Rate under the Income Tax Act, 1961 Residents NIL NRIs/PIOs 30% for non resident non corporates 20% FIIs NIL

NIL

NIL

Plus education cess and secondary and higher education cess : 3%

** Capital Gains on redemption of Units held for a period of more than 12 months from the date of allotment. The Finance (No.2) Act, 2009 has made an amendment to the effect that any income received by any person on behalf of the New Pension System Trust established on 27th day of February, 2008 under the provision of Indian Trust Act of 1882 shall be exempt from Income tax.

D
Investor services

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(ii) at the rate or rates in force; or (iii) at the rate of twenty per cent. 42

Any person entitled to receive any sum or income or amount, on which tax is deductible under Chapter XVIIB (hereafter referred to as deductee) on or after 1/04/2010, shall furnish his Permanent Account Number to the person responsible for deducting such tax (hereafter referred to as deductor), failing which tax shall be deducted at the higher of the following rates, namely: (i) at the rate specified in the relevant provision of this Act; or

In case of investments by NRIs during NFO, at the time of redemption of units, TDS will be deducted at the applicable rate. However, in respect of those Unit Holders who have acquired the Units on the Stock Exchange post listing of units, the Unit Holders would need to provide a certificate from a Chartered Accountant certifying the details of acquisition of Units to the Fund within two days of maturity of the Scheme, so as to enable the Fund to deduct TDS at the applicable rates. In the event of such details not being provided, the Fund would deduct TDS on the redemption proceeds at the highest rate of TDS applicable. For further details on taxation please refer to the clause on Taxation in the SAI. Investors can enquire about NAVs, Unit Holdings, Valuation, Dividends, etc. or lodge any service request at 1800 200 3444. Alternately, the investor can call at the AMC branch office as well for any information. In order to protect confidentiality of information, the service representatives may require personal information of the investor for verification of his / her identity. The AMC will at all times endeavor to handle transactions efficiently and to resolve any investor grievances promptly. Investor grievances should be addressed to Investor Services at the AMC branch offices, or CAMS Investor Service Centres. All grievances will then be forwarded to the Registrar, if required, for necessary action. The complaints will closely be followed up with the Registrar and the AMC to ensure timely redressal and prompt investor service. Investors can also address their queries to the Investor Relations officer, Ms. Usha Mallya, 604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai 400013. Investors may also send their complaints by email to investorcare@aig.com or can call on 40930001.

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*plus surcharge as applicable: In the case of a domestic company @5% and in case of a every company, other than a domestic company @ 2% (if their total income exceeds ` 100,00,000/-), No surcharge on firms, co-operative societies, local authorities Individuals/HUFs/BOIs/AOPs and Artificial juridical persons.

D. COMPUTATION OF NAV The Net Asset Value of the Units of a Scheme will be computed by dividing the net assets of the Scheme by the number of Units outstanding on the valuation date. The Fund shall value its investments according to the valuation norms, as specified in Schedule VIII of the Regulations or such norms as may be prescribed by SEBI from time to time. The NAVs of the fund shall be rounded off upto four decimals. NAV is the actual value of a unit on any business day and shall be calculated by either of the following methods shown below: NAV (`) = (Market or fair value of the schemes investments (+) current assets (-) current liabilities and Provisions) / Number of units outstanding at the end of the day NAV (`) = Unit Capital + reserves and Surplus / Number of units outstanding at the end of the day The NAV shall be calculated on all business days. The valuation of the schemes assets and calculation of the schemes NAV shall be subject to audit on an actual basis and such regulations as may be prescribed by SEBI from time to time. The first NAV will be calculated and announced within a period of 5 working days after the close of the NFO period. Subsequently the NAV shall be calculated and announced on all business days. Investors can refer to the Statement of Additional Information for detailed policies with respect to accounting and valuation of securities.

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IV. FEES AND EXPENSES This section outlines the expenses that will be charged to the scheme. A. NEW FUND OFFER (NFO) EXPENSES These expenses are incurred for the purpose of various activities related to the NFO like sales and distribution fees paid marketing and advertising, registrar expenses, printing and stationary, bank charges etc. Entire NFO expenses will be borne by the AMC. In terms of SEBI circular No. SEBI/IMD/CIR No. 11/115723 /08 dated January 31, 2008, the scheme is not permitted to charge initial issue expenses to the scheme. Hence, NFO Expenses will not be charged to the Scheme. B. ANNUAL SCHEME RECURRING EXPENSES These are the fees and expenses for operating the scheme. These expenses include Investment Management and Advisory Fee charged by the AMC, Registrar and Transfer Agents fee, marketing and selling costs etc. as given in the table below: The AMC has estimated that the following percentage of the weekly average net assets of the scheme will be charged to the scheme as expenses. For the actual current expenses being charged, the investor should refer to the website of the mutual fund. The mutual fund would update the current expense ratios on the website within 2 (two) working days mentioning the effective date of the change.

FT
Next ` 300 crore 1.75% 44

Nature of Expense Investment Management & Advisory Fees Custodial Fees Registrars & Transfer agent fees including costs related to providing accounts statement, dividend/ redemption Cheques/ warrants etc. Marketing and Selling expenses including agents commission & statutory advertisements Brokerage & Transaction Cost pertaining to distribution of units Audit Fees / Fees and expenses of trustees Costs related to investor communications Costs of fund transfer from location to location Other expenses* TOTAL RECURRING EXPENSES

% of net assets 1.00 0.010 0.200 0.010 1.00 0.002 0.010 0.008 0.010 2.25

The purpose of the above table is to assist the investor in understanding the various costs and expenses that an investor in the scheme will bear directly or indirectly. The above expenses are subject to inter-se change and may increase/decrease as per actual and/or any change in the Regulations. These estimates have been made in good faith as per information available to the Investment Manager based on past experience and are subject to change inter-se. Types of expenses charged shall be as per the SEBI (MF) Regulations. As per the Regulations, the maximum recurring expenses that can be charged to the scheme shall be subject to a percentage limit of weekly net assets as in the table below: First ` 100 crore 2.25% Next ` 300 crore 2.00% Over ` 700 crore 1.50%

C.

D
LOAD STRUCTURE The proposed load structure is as under: Type of Load Entry Load* Exit Load#

Subject to Regulations, expenses over and above the prescribed limit shall be borne by the Asset Management Company.

In terms of the Investment Management Agreement and the Regulations, the AMC is entitled to an investment management fee at 1.25% per annum of the average net assets for a corpus up to ` 100 crores and at 1.00% per annum for the corpus amount in excess of ` 100 crores. Further, pursuant to SEBI Circular No. SEBI/IMD/CIR No. 18/198647/2010 dated March 15, 2010 it has been clarified that AMC shall not collect any additional management fees as per the Regulation 52(3) of SEBI MF Regulations, 1996 for the scheme launched on no load basis. Entry/ Exit Load (During NFO and Continuous Offer) Standard Observation No. 16

Load is an amount which is paid by the investor to subscribe to the units or to redeem the units from the scheme. This amount is used by the AMC to pay commissions to the distributor and to take care of other marketing and selling expenses. Load amounts are variable and are subject to change from time to time. For the current applicable structure, please refer to the website of the AMC (www.aiginvestments. co.in) or may call at 1800 200 3444 or your distributor. Load chargeable (as % of NAV) N.A. 1% of the applicable NAV if redeemed within 1 year from the date of allotment.

The above load structure is also applicable for investments made through a normal purchase and SIP/STP/SWP transactions.

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*As permitted under the Regulation 52 of SEBI (MF) Regulations.

A switch-out or a withdrawal under SWP will also attract an Exit Load like any Redemption. No Exit Load will be chargeable in case of switches made between different options of the Scheme.

* In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors assessment of various factors including the service rendered by the distributor # With effect from August 01, 2009, exit load/CDSC (if any) up to 1% of the redemption value charged to the unit holder by the Fund on redemption of units shall be retained by the scheme in a separate account and will be utilized for payment of commissions to the Distributors and to meet other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unit holder as exit load/CDSC shall be credited to the scheme immediately. Bonus units and units issued on reinvestment of dividends shall not be subject to exit load.

The AMC/Trustee retains the right to change / impose Exit Load / CDSC, subject to SEBI Regulations. Any imposition or enhancement in the load shall be applicable on prospective investments only. However, AMC shall not charge any load on units allotted on reinvestment of dividend for existing as well as prospective investors. At the time of changing the load structure, the AMC may consider the following measures to avoid complaints from investors about investment in the scheme without knowing the loads: (i) The addendum detailing the changes may be attached to Scheme Information Document and key information memorandum. The addendum may be circulated to all the distributors/brokers so that the same can be attached to all Scheme Information Document and key information memoranda already in stock.

(ii) Arrangements may be made to display the addendum in the Scheme Information Document in the form of a notice in all the investor service centres and distributors/brokers office. (iii) The introduction of the exit load/ CDSC alongwith the details may be stamped in the acknowledgement slip issued to the investors on submission of the application form and may also be disclosed in the statement of accounts issued after the introduction of such load/ CDSC. (iv) A public notice shall be given in respect of such changes in one English daily newspaper having nationwide circulation as well as in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated. (v) Any other measures which the mutual funds may feel necessary

All loads including Contingent Deferred Sales Charge (CDSC) for the Scheme shall be maintained in a separate account and may be utilised towards meeting the selling and distribution expenses. Any surplus in this account may be credited to the scheme, whenever felt appropriate by the AMC. Standard Observation No. 16 (i,ii,iii,iv,v) The investor is requested to check the prevailing load structure of the scheme before investing. For any change in load structure AMC will issue an addendum and display it on its website at www.aiginvestments.co.in / Investor Service Centres.

D. WAIVER OF LOAD FOR DIRECT APPLICATIONS

Not Applicable - Pursuant to SEBI Circular dated June 30, 2009 no entry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, no entry load will be charged with respect to applications for registrations under systematic investment plans/systematic transfer plans accepted by the Fund with effect from August 01, 2009. The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, based on the investors assessment of various factors including service rendered by the ARN Holder.

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45

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V. RIGHTS OF UNITHOLDERS Please refer to SAI for details.

Standard Observation No. 20

VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS OR INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE PROCESS OF BEING TAKEN BY ANY REGULATORY AUTHORITY This section contains the details of penalties, pending litigation, and action taken by SEBI and other regulatory and Govt. Agencies. Sr. No. 1. SEBI Requirement All disclosures regarding penalties and action(s) taken against foreign Sponsor(s) may be limited to the jurisdiction of the country where the principal activities (in terms of income / revenue) of the Sponsor(s) are carried out or where the headquarters of the Sponsor(s) is situated. Further, only top 10 monetary penalties during the last three years shall be disclosed In case of Indian Sponsor(s), details of all monetary penalties imposed and/ or action taken during the last three years or pending with any financial regulatory body or governmental authority, against Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company; for irregularities or for violations in the financial services sector, or for defaults with respect to share holders or debenture holders and depositors, or for economic offences, or for violation of securities law. Details of settlement, if any, arrived at with the aforesaid authorities during the last three years shall also be disclosed. Details of all enforcement actions taken by SEBI in the last three years and/ or pending with SEBI for the violation of SEBI Act, 1992 and Rules and Regulations framed there under including debarment and/ or suspension and/ or cancellation and/ or imposition of monetary penalty/adjudication/enquiry proceedings, if any, to which the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of the directors and/ or key personnel (especially the fund managers) of the AMC and Trustee Company were/ are a party. The details of the violation shall also be disclosed. Any pending material civil or criminal litigation incidental to the business of the Mutual Fund to which the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of the directors and/ or key personnel are a party should also be disclosed separately. Any deficiency in the systems and operations of the Sponsor(s) and/ or the AMC and/ or the Board of Trustees/Trustee Company which SEBI has specifically advised to be disclosed in the SID, or which has been notified by any other regulatory agency, shall be disclosed. Response Nil

2.

Nil

3.

Nil

4.

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46

Nil

5.

Nil

Notes: 1.

2. The Scheme under this Scheme Information Document was approved by the Trustees on June 24, 2011. 3. The Trustees have ensured that AIG Monthly Income Plan, approved by Trustees is a new product offered by the Fund and is not a minor modification of the existing Scheme /Fund / Product. 4. Any amendments / replacement / re-enactment of SEBI (MF) Regulations subsequent to the date of the Scheme Information Document shall prevail over those specified in this Scheme Information Document.

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Notwithstanding anything contained in this Scheme Information Document, the provisions of the SEBI (Mutual Funds) Regulations, 1996 and the guidelines thereunder shall be applicable. Standard Observation No. 22

For and on behalf of the Board of Directors of AIG Global Asset Management Company (India) Private Limited (Asset Management Company of the AIG Global Investment Group Mutual Fund)

Sd/Sunil Mehta Chief Executive Officer

Place: Mumbai Date: July 22, 2011

AIG Global Asset Management Company (India) Private Limited Investor Service Centres
Ahmedabad: 101, Sampada Complex, Behind A.K.Patel House, Near Mithakhali Six Roads, Navrangpura, Ahmedabad 380009. Phone: 079 6000 0344, Cell: 99740 13010 / 11/ 12. Bangalore: No.33, Unit #11, 1st Floor, Imperial Court, Cunningham Road, Bangalore 560052. Phone: 080-41473386 / 87 / 88. Chandigarh: SCO-117-118, Office No. 103, 1st Floor, Sector-17B, Chandigarh 160017. Phone: 0172-4000744. Chennai: Ground Floor, E L Heights, No.3 C M M Street, Kodambakkam High Road, Nungambakkam, Chennai 600034. Phone No 044-43561946 / 47. Hyderabad: DBS House #310, 3rd Floor, 1-7-43-46, Sardar Patel Road, Secunderabad 500003. Phone: 040-40509216 / 65142724. Kolkata: LORDS, 5th Floor, Suite 503, 7/1 Lord Sinha Road, Kolkata 700071. Phone: 033 40073001 / 3002. Lucknow: Office no. 6, Ground Floor, Saran Chambers-1, 5 Park Road, Hazratganj, Lucknow 226001. Phone: 0522 4005571. Mumbai: 604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G.K.Marg, Lower Parel, Mumbai 400013, Phone: 022-4093001 / 215. New Delhi: 9th Floor, 9A & 9C, Vandana Building, 11 Tolstoy Marg, Connaught Place, New Delhi 110001. Phone: 011-43593201-204. Pune: 304, Business Guild, Law College Road, Opp Krishna Dining Hall, Pune 411004. Phone: 020 66401000 / 1 / 2. Vadodara: 202 B Dwarkesh Complex, Opp Panorama, R.C. Dutt Road, Alkapuri, Baroda 390007. Phone: 0265-6453562 / 63

CAMS SERVICE CENTRES

Agartala: Advisor Chowmuhani (Ground Floor), Krishnanagar, Agartala, Agartala, Tripura, 799 001. Agra: No. 8, II Floor, Maruti Tower, Sanjay Place, Agra, Uttarpradesh, 282 002. Ahmedabad: 402-406, 4th Floor - Devpath Building, Off C G Road, Behind Lal Bungalow, Ellis Bridge, Ahmedabad, Gujarat, 380 006. Ahmednagar: 203-A,Mutha Chambers, Old Vasant Talkies, Market Yard Road, Ahmednagar, Ahmednagar, Maharashtra, 414 001 . Ajmer: AMC No. 423/30, Near Church, Brahampuri,Opp T B Hospital ., Jaipur Road, Ajmer, Rajasthan, 305 001. Akola : Opp. RLT Science College, Civil Lines, Akola, Maharashtra, 444 001. Aligarh: City Enclave, Opp. Kumar Nursing Home, Ramghat Road, Aligarh, Uttar Pradesh, 202 001. Allahabad: 30/2, A&B, Civil Lines Station, Besides Vishal Mega Mart, Strachey Road, Allahabad, Uttarpradesh, 211 001. Alleppey: Blgd. No. VIII / 411, C C N B Road, Near Pagoda Resort, Chungom, Alleppey, Kerala, 688 011. Alwar: 256A, Scheme No:1,, Arya Nagar, Alwar, Rajasthan, 301 001. Amaravati : 81, Gulsham Tower, 2nd Floor, Near Panchsheel Talkies, Amaravati, Maharashtra, 444 601. Ambala: Opposite PEER, Bal Bhavan Road, Ambala, Ambala, Haryana, 134 003. Amritsar: 378-Majithia Complex, 1st Floor, M. M. Malviya Road, Amritsar, Punjab, 143 001. Anand: 101, A.P . Tower,, B/H, Sardhar Gunj, Next to Nathwani Chambers, Anand, Gujarat, 388 001. Anantapur: 15-570-33, I Floor, Pallavi Towers, Anantapur , Anantapur , Andhra Pradesh, 515 001. Andheri (parent: Mumbai ISC): 1, Skylark Ground Floor, Near Kamgar Kalyan Kendra & B.M.C. Office, Azad Road, Andheri ( E), Andheri, Andheri, Maharashtra, 400 069. Angul:, Similipada, Angul, Orissa, 759 122. Ankleshwar: Shop No - F -56, First Floor,Omkar Complex, Opp Old Colony,Nr Valia Char Rasta, GIDC, Ankleshwar- Bharuch , Gujarat, 393 002. Asansol: Block G 1st Floor, P C Chatterjee Market Complex, Rambandhu Talab P O Ushagram, Asansol, West Bengal, 713 303. Aurangabad : Office No. 1, 1st Floor, Amodi Complex, Juna Bazar, Aurangabad, Maharashtra, 431 001. Bagalkot: No. 6, Ground Floor, Pushpak Plaza, TP No.: 52, Ward No. 10, Next to Kumatagi Motors, Station Road, Near Basaveshwar Circle, Bagalkot, Bagalkot, Karnataka, 587 101. Balasore: B C Sen Road, Balasore, Orissa, 756 001. Bangalore: Trade Centre, 1st Floor, 45, Dikensen Road, ( Next to Manipal Centre ), Bangalore, Karnataka, 560 042. Bareilly: F-62-63, Butler Plaza, Civil Lines, Bareilly, Bareilly, Uttar Pradesh, 243 001. Basti: Office no 3, Ist Floor, Jamia Shopping Complex ,(Opposite Pandey School). ., Station Road, Basti, Uttar Pradesh, 272 002. Belgaum: 1st Floor, 221/2A/1B, Vaccine Depot Road, Near 2nd Railway gate,, Tilakwadi, Belgaum, Karnataka, 590 006. Bellary: No.18A, 1st Floor, Opp. Ganesh Petrol Pump, Parvathi Nagar Main Road, Bellary, Karnataka, 583 103. Berhampur: First Floor, Upstairs of Aaroon Printers, Gandhi Nagar Main Road, Orissa, Berhampur, Orissa, 760 001. Bhagalpur: Krishna, I Floor, Near Mahadev Cinema, Dr.R.P .Road, Bhagalpur, Bhagalpur, Bihar, 812 002. Bharuch (parent: Ankleshwar TP): F-108, Rangoli Complex, Station Road, Bharuch, Bharuch, Gujarat, 392 001. Bhatinda: 2907 GH,GT Road, Near Zila Parishad, BHATINDA, BHATINDA, Punjab, 151 001. Bhavnagar: 305-306, Sterling Point, Waghawadi Road, OPP . HDFC BANK, Bhavnagar, Gujarat, 364 002. Bhilai: 209, Khichariya Complex, Opp IDBI Bank, Nehru Nagar Square, Bhilai, Chhattisgarh, 490 020. Bhilwara: Indraparstha tower, Second floor, Shyam ki sabji mandi, Near Mukharji garden, Bhilwara, Rajasthan, 311 001. Bhiwani: 24-25, Ist floor, City Mall, Hansi Gate, Bhiwani, Haryana, 127 021. Bhopal: Plot no 10, 2nd Floor, Alankar Complex, Near ICICI Bank, MP Nagar, Zone II, Bhopal, Madhya Pradesh, 462 011. Bhubaneswar: Plot No - 111, Varaha Complex Building, 3rd Floor, Station Square, Kharvel Nagar,Unit 3, Bhubaneswar, Orissa, 751 001. Bhuj: Data Solution, Office No:17, I st Floor, Municipal Building Opp Hotel Prince, Station Road, Bhuj - Kutch, Gujarat, 370 001. Bhusawal (Parent: Jalgaon TP): 3, Adelade Apartment, Christain Mohala, Behind Gulshan-E-Iran Hotel, Amardeep Talkies Road, Bhusawal, Bhusawal, Maharashtra, 425 201. Bikaner: F 4,5 Bothra Complex, Modern Market, Bikaner, Bikaner, Rajasthan, 334 001. Bilaspur: Beside HDFC Bank, Link Road, Bilaspur, Bilaspur, Chhattisgarh, 495 001 . Bokaro: Mazzanine Floor, F-4, City Centre, Sector 4, Bokaro Steel City, Bokaro, Jharkhand, 827 004. Burdwan: 399, G T Road, Basement of Talk of the Town, Burdwan, West Bengal, 713 101. C.R.Avenue (Parent: Kolkata ISC): 33,C.R Avenue, 2nd floor ,Room No.13, Kolkata, Kolkata, West Bengal, 700 012. Calicut: 29/97G 2nd Floor, Gulf Air Building, Mavoor Road, Arayidathupalam,, Calicut, Kerala, 673 016. Chandigarh: Deepak Tower, SCO 154155,1st Floor, Sector 17-C, Chandigarh, Punjab, 160 017. Chandrapur: Above Mustafa Decor, Hakimi Plaza, Near Jetpura Gate, Near Bangalore Bakery, Kasturba Road, Chandrapur, Chandrapur, Maharashtra, 442 402. Chennai: Ground Floor No.178/10, Kodambakkam High Road, Opp. Hotel Palmgrove, Nungambakkam, Chennai, Tamil Nadu, 600 034 . Chennai (OMR): Ground Floor, 148 Old Mahabalipuram Road, Okkiyam, Thuraipakkam, Chennai, Tamil Nadu, 600 097. Chhindwara: Office No - 1, Parasia Road, Near Mehta Colony, Chhindwara, Madhya Pradesh, 480 001. Chittorgarh: 187 Rana Sanga Market, Chittorgarh, Rajasthan, 312 001. Cochin: Door No. 64/5871 D, 3rd Floor, Ittoops Imperial Trade Center , M.|G. Road North, Cochin, Kerala, 682 035. Coimbatore: Old # 66 New # 86, Lokamanya Street (West), Ground Floor, R.S.Puram, Coimbatore, Tamil Nadu, 641 002. Cuttack: Near Indian Overseas Bank, Cantonment Road, Mata Math, Cuttack, Orissa, 753 001. Darbhanga: Shahi Complex,1st Floor, Near RB Memorial hospital,V.I.P . Road, Benta, Laheriasarai, Darbhanga, Darbhanga, Bihar, 846 001. Davanagere: 13, Ist Floor,, Akkamahadevi Samaj Complex, Church Road, P .J.Extension, Davanagere, Karnataka, 577 002. Dehradun: 204/121 Nari Shilp Mandir Marg, Old Connaught Place, Dehradun, Uttaranchal, 248 001. Deoghar: S S M Jalan Road, Ground floor, Opp. Hotel Ashoke, Caster Town, Deoghar, Jharkhand, 814 112 . Dhanbad: Urmila Towers, Room No: 111(1st Floor), Bank More, Dhanbad, Jharkhand, 826 001. Dharmapuri : 16A/63A, Pidamaneri Road, Near Indoor Stadium, Dharmapuri, Dharmapuri, Tamil Nadu, 636 701 . Dhule : H. No. 1793 / A, J.B. Road, Near Tower Garden, Dhule, Maharashtra, 424 001. Durgapur: City Plaza Building, 3rd floor, City Centre, Durgapur, West Bengal, 713 216 . Eluru: No 23 B-4-73,Andhra Bank Lane, Opp Srinivasa Theatre, Ramachandra Rao Peta, Eluru, Andhra Pradesh, 534 002. Erode: 197, Seshaiyer Complex, Agraharam Street, Erode, Tamil Nadu, 638 001. Faizabad: 64 Cantonment, Near GPO, Faizabad, Faizabad, Uttar Pradesh, 224 001. Faridabad: B-49, Ist Floor, Nehru Ground, Behind Anupam Sweet House, NIT, Faridabad, Haryana, 121 001. Firozabad: Shop No. 19, Ist Floor, Above YO Bikes,, Seth Vimal Chand Jain Market,, Jain Nagar, Agra Gate,, Firozabad, Uttar Pradesh, 283 203. Gandhidham: Grain Merchants Assocaition Building, Grain Merchants Assocaition Building, Gandhidham, Gujarat, 370 201. Ghaziabad: 113/6 I Floor, Navyug Market, Ghaziabad, Uttarpradesh, 201 001. Goa: No.108, 1st Floor, Gurudutta Bldg, Above Weekender, M G Road, Panaji (Goa), Goa, 403 001. Gondal (Parent Rajkot): Kailash Complex, Wing -A, Office No. 52, Bus stand Road, Near Gundala Gate, Gondal, Gujarat, 360 311. Gondia: Shri Talkies Road, Gondia, Maharashtra, 441 601. Gorakhpur: Shop No. 3, Second Floor, The Mall, Cross Road, A.D. Chowk, Bank Road, Gorakhpur, Uttarpradesh, 273 001. Gulbarga: Pal Complex, Ist Floor, Opp. City Bus Stop,SuperMarket, Gulbarga, Gulbarga, Karnataka, 585 101. Guntur: Door No 5-38-44, 5/1 Brodipet, Near Ravi Sankar Hotel, Guntur, Andhra Pradesh, 522 002. Gurgaon: SCO - 16, Sector - 14, First floor,, Gurgaon, Haryana, 122 001. Guwahati: A.K. Azad Road,, Rehabari, Guwahati, Assam, 781 008. Gwalior: G-6 Global Apartment, Kailash Vihar Colony, Opp. Income Tax Office,City Centre., Gwalior, Madhya Pradesh, 474 002. Haldia: 2nd Floor, New Market Complex, 2nd Floor, New Market Complex, Durgachak Post Office,Purba Medinipur District,. ., Haldia, Haldia, West Bengal, 721 602 . Haldwani: Durga City Centre, Nainital Road, Haldwani, Haldwani, Uttarakhand, 263 139. Hazaribagh: Municipal Market, Annanda Chowk, Hazaribagh, Hazaribagh, Jharkhand, 825 301. Himmatnagar: D-78 First Floor, New Durga Bazar, Near Railway Crossing, Himmatnagar, Himmatnagar, Gujarat, 383 001. Hisar: 12, Opp. Bank of Baroda, Red Square Market, Hisar, Hisar, Haryana, 125 001. Hoshiarpur : Near Archies Gallery, Shimla Pahari Chowk, Hoshiarpur, Hoshiarpur, Punjab, 146 001. Hosur: Shop No.8 J D Plaza, Opp TNEB Office, Royakotta Road, Hosur, Tamil Nadu, 635 109. Howrah (Parent: Kolkata ISC): Gagananchal Shopping Complex, Shop No.36 (Basement), 37,Dr. Abani Dutta Road, Salkia, Howrah, Howrah, West Bengal, 711 106. Hubli: No.204 - 205, 1st Floor, B Block, Kundagol Complex, Opp. Court, Club Road, Hubli, Karnataka, 580 029. Hyderabad: 208, II Floor, Jade Arcade, Paradise Circle, Secunderabad, Andhra Pradesh, 500 003. Ichalkaranji (Parent Kolhapur): 12/178, Behind Congress Committee Office, Ichalkaranji, Maharashtra, 416 115. Indore: 101, Shalimar Corporate Centre, 8-B, South tukogunj, Opp.Greenpark, Indore, Madhya Pradesh, 452 001. Jabalpur: 8, Ground Floor, Datt Towers, Behind Commercial Automobiles, Napier Town, Jabalpur, Madhya Pradesh, 482 001. Jaipur: R-7, Yudhisthir Marg ,C-Scheme, Behind Ashok Nagar Police Station, Jaipur, Rajasthan, 302 001. Jalandhar: 367/8, Central Town, Opp. Gurudwara Diwan Asthan, Jalandhar, Punjab, 144 001. Jalgaon: Rustomji Infotech Services, 70, Navipeth, Opp. Old Bus Stand, Jalgaon, Maharashtra, 425 001. Jalna C.C. (Parent: Aurangabad): Shop No: 11, 1St Floor, Ashoka Plaza, Opp: Magistic Talkies, Subhash Road, Jalna, Jalna, Maharashtra, 431 203. Jammu: 660- Gandhi Nagar, Jammu, J &K, 180 004. Jamnagar: 217/218, Manek Centre, P .N. Marg, Jamnagar, Gujarat, 361 008. Jamshedpur: Millennium Tower, R Road, Room No:15 First Floor, Bistupur, Jamshedpur, Jharkhand, 831 001. Jaunpur : 248, FORT ROAD, Near AMBER HOTEL, Jaunpur , Uttarpradesh, 222 001. Jhansi: Opp

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SBI Credit Branch, Babu Lal Kharkana Compound, Gwalior Road, Jhansi, Uttarpradesh, 284 001. Jodhpur: 1/5, Nirmal Tower, Ist Chopasani Road, Jodhpur, Rajasthan, 342 003. Junagadh: Circle Chowk, Near Choksi Bazar Kaman, , Gujarat, Junagadh, Gujarat, 362 001. Kadapa: Bandi Subbaramaiah Complex, D.No:3/1718, Shop No: 8, Raja Reddy Street, Kadapa, Kadapa, Andhra Pradesh, 516 001 . Kakinada: No.33-1, 44 Sri Sathya Complex, Main Road, Kakinada, Kakinada, Andhra Pradesh, 533 001. Kalyani: A - 1/50, Block - A, Dist Nadia, Kalyani, West Bengal, 741 235. Kanchipuram: New No. 38, (Old No. 50),, Vallal Pachayappan Street, Near Pachayappas High School, Kanchipuram, Tamil Nadu, 631 501 . Kannur: Room No.14/435, Casa Marina Shopping Centre, Talap, Kannur, Kannur, Kerala, 670004. Kanpur: I Floor 106 to 108, City Centre Phase II, 63/ 2, THE MALL, Kanpur, Uttarpradesh, 208 001. Karimnagar: HNo.7-1-257, Upstairs S B H, Mangammathota, Karimnagar, Karimnagar, Andhra Pradesh, 505 001. Karnal (Parent :Panipat TP):, 7, Ist Floor, Opp Bata Showroom, Kunjapura Road, Karnal, Karnal, Haryana, 132 001. Karur: 126 G, V.P .Towers, Kovai Road, Basement of Axis Bank, Karur, Karur, Tamil Nadu, 639 002. Katni: NH 7, Near LIC, Jabalpur Road, BARGAWAN, Katni, Madhya Pradesh, 483 501. Kestopur: AA 101, Prafulla Kanan, Sreeparna Appartment, Ground Floor, Kolkata, Kestopur, West Bengal, 700 101. Khammam : Shop No: 11 - 2 - 31/3, 1st floor, Philips Complex,, Balajinagar, Wyra Road,, Near Baburao Petrol Bunk,, Khammam, Andhra Pradesh, 507 001. Khanna : Shop No :- 3, Bank of India Building,, Guru Amar Dass Market, Khanna, Punjab, 141 401. Kharagpur: H.NO.291/1, WARD NO-15, Malancha MAIN ROAD, OPPOSITE UCO BANK, Kharagpur, Kharagpur, West Bengal, 721 301. Kolhapur: 2 B, 3rd Floor,, Ayodhya Towers, Station Road,, Kolhapur, Maharashtra, 416 001. Kolkata: LORDS Building, 7/1,Lord Sinha Road, Ground Floor, Kolkata, West Bengal, 700 071. Kollam: Kochupilamoodu Junction, Near VLC, Beach Road, Kollam, Kerala, 691 001. Kota: B-33 Kalyan Bhawan, Triangle Part ,Vallabh Nagar, Kota, Rajasthan, 324 007. Kottayam: KMC IX / 1331 A, Opp.: Malayala Manorama, Railway Station Road, Thekkummoottil, Kottayam, Kerala, 686 001. Kumbakonam: Jailani Complex, 47, Mutt Street, Kumbakonam, Tamil Nadu, 612 001. Kurnool: H.No.43/8, Upstairs, Uppini Arcade, N R Peta, Kurnool, Kurnool, Andhra Pradesh, 518 004 . Latur: Vypari Dharm Shala, Office No. 2, 2nd Floor, Above: Mahesh Unnai Hospital, Nr.Kamdar petrol Pump, Latur, Latur, Maharashtra, 413 531. Lucknow: Off # 4,1st Floor,Centre Court Building,, 3/c, 5 - Park Road, Hazratganj, Lucknow, Uttarpradesh, 226 001. Ludhiana: U/ GF, Prince Market, Green Field, Near Traffic Lights, Sarabha Nagar Pulli, Pakhowal Road,, Ludhiana, Punjab, 141 002. Madurai: 86/71A, Tamilsangam Road, Madurai, Tamil Nadu, 625 001. Malda: Daxhinapan Abasan, Opp Lane of Hotel Kalinga, SM Pally, Malda, Malda, West Bengal, 732 101. Mangalore: No. G 4 & G 5, Inland Monarch, Opp. Karnataka Bank, Kadri Main Road, Kadri, Mangalore, Karnataka, 575 003. Manipal: Trade Centre, 2nd Floor, Syndicate Circle, Starting Point, Manipal, Karnataka, 576 104. Mapusa (Parent ISC : Goa): Office no.CF-8, 1st Floor, Business Point, Above Bicholim Urban Co-op Bank, Angod, Mapusa, Mapusa, Goa, 403 507. Margao: Virginkar Chambers I Floor, Near Kamath Milan Hotel, New Market, Near Lily Garments, Old Station Road, Margao, Margao, Goa, 403 601. Mathura: 159/160 Vikas Bazar, Mathura, Uttarpradesh, 281 001. Meerut: 108 Ist Floor Shivam Plaza, Opposite Eves Cinema, Hapur Road, Meerut, Uttarpradesh, 250 002. Mehsana: 1st Floor, Subhadra Complex, Urban Bank Road, Mehsana, Mehsana, Gujarat, 384 002. Moga: Ground Floor, Adjoining TATA Indicom Office, Dutt Road, Moga, Moga, Punjab, 142 001. Moradabad: B-612 Sudhakar, Lajpat Nagar, Moradabad, Uttarpradesh, 244 001. Mumbai: Rajabahdur Compound, Ground Floor, Opp Allahabad Bank, Behind ICICI Bank, 30, Mumbai Samachar Marg, Fort, Mumbai, Maharashtra, 400 023. Muzaffarpur: Brahman toli,, Durgasthan, Gola Road, Muzaffarpur, Bihar, 842 001. Mysore: No.1, 1st Floor, CH.26 7th Main, 5th Cross, (Above Trishakthi Medicals), Saraswati Puram, Mysore, Karnataka, 570 009. Nadiad (Parent TP: Anand TP): 8, Ravi Kiran Complex, Ground Floor Nanakumbhnath Road, Nadiad, Nadiad, Gujarat, 387 001. Nagpur: 145 Lendra, New Ramdaspeth, Nagpur, Maharashtra, 440 010. Namakkal: 156A / 1, First Floor, Lakshmi Vilas Building, Opp. To District Registrar Office, Trichy Road, Namakkal, Namakkal, Tamil Nadu, 637 001. Nanded: Shop No. 302, 1st Floor,, Raj Mohd. Complex, Work Shop Road, Shrinagar, Nanded, Nanded, Maharashtra, 431 605. Nandyal: Shop No.: 62 & 63, Srinivasa Complex, Besides Ramakrishna Ply Wood, Srinivasa Nagar, Nandyal, Andhra Pradesh, 518 501 . Nasik: Ruturang Bungalow, 2 Godavari Colony, Behind Big Bazar, Near Boys Town School, Off College Road, Nasik, Maharashtra, 422 005. Navsari: Dinesh Vasani & Associates, 103 -Harekrishna Complex, above IDBI Bank,, Nr. Vasant Talkies, Chimnabai Road, Navsari, Gujarat, 396 445. Nellore: 97/56, I Floor Immadisetty Towers, Ranganayakulapet Road, Santhapet,, Nellore, Andhra Pradesh, 524 001. New Delhi : 304-305 III Floor, Kanchenjunga Building, 18, Barakhamba Road, Cannaugt Place, New Delhi, New Delhi, 110 001. Nizamabad: D. No. 5-6-209, Saraswathi Nagar, NIZAMABAD, Nizamabad, Andhra Pradesh, 503 001. Noida: B-20, Sector - 16, Near Metro Station, Noida, Noida, 201 301. Ongole: # 1, ARN Complex, Kurnool Road, Ongole, Andhra Pradesh, 523 001. Palakkad: 10 / 688, Sreedevi Residency, Mettupalayam Street, Palakkad, Palakkad, Kerala, 678 001. Palanpur: Jyotindra Industries Compound, Near Vinayak Party Plot, Deesa Road, Palanpur, Palanpur, Gujarat, 385 001 . Panipat: 83, Devi Lal Shopping Complex, Opp ABN Amro Bank, G.T.Road, Panipat, Haryana, 132 103. Pathankot: 13 - A, Ist Floor, Gurjeet Market, Dhangu Road, Pathankot, Punjab, 145 001. Patiala: 35, New lal Bagh Colony, Patiala, Punjab, 147 001. Patna: Kamlalaye Shobha Plaza, Ground Floor, Near Ashiana Tower, Exhibition Road, Patna, Bihar, 800 001. Pondicherry: S-8, 100, Jawaharlal Nehru Street, (New Complex, Opp. Indian Coffee House), Pondicherry, Pondicherry, 605 001. Porbandar: II Floor, Harikrupa Towers, Opp. Vodafone Store, M G Road, Porbandar , Gujarat, 360 575. Proddatur: Dwarakmayee, D No 8/239, Opp Saraswathi Type Institute, Sreeramula Peta, Proddatur, Andhra Pradesh, 516 360. Pune: Nirmiti Eminence, Off No. 6, I Floor, Opp Abhishek Hotel Mehandale Garage Road, Erandawane, Pune, Maharashtra, 411 004. Rae Bareli: 17, Anand Nagar Complex, Rae Bareli, Rae Bareli, Uttar Pradesh, 229 001. Raipur: HIG,C-23 , Sector - 1, Devendra Nagar, Raipur, Chhattisgarh, 492 004. Rajahmundry: Cabin 101 D.no 7-27-4, 1st Floor Krishna Complex, Baruvari Street, T Nagar, Rajahmundry, Andhra Pradesh, 533 101. Rajapalayam: No 59 A/1, Railway Feeder Road, Near Railway Station, Rajapalayam, Rajapalayam, Tamil Nadu, 626 117. Rajkot: Office 207 - 210, Everest Building, Harihar Chowk, Opp Shastri Maidan, Limda Chowk, Rajkot, Gujarat, 360 001. Ranchi: 4, HB Road, No: 206, 2nd Floor Shri Lok Complex, H B Road Near Firayalal, Ranchi, Jharkhand, 834 001. Ratlam: Dafria & Co, 18, Ram Bagh, Near Scholars School, Ratlam, Madhya Pradesh, 457 001. Ratnagiri: Kohinoor Complex, Near Natya Theatre, Nachane Road, Ratnagiri, Ratnagiri, Maharashtra, 415 639. Rohtak: 205, 2ND Floor, Blg. No. 2, Munjal Complex, Delhi Road, Rohtak, Haryana, 124 001. Roorkee: 399/1 Jadugar Road, 33 Civil Lines, Roorkee, Roorkee, Uttarakhand, 247 667. Ropar: SCF - 17 Zail Singh Nagar, Ropar, Ropar, Punjab, 140 001. Rourkela: 1st Floor, Mangal Bhawan, Phase II, Power House Road, Rourkela, Orissa, 769 001. Sagar: Opp. Somani Automobiles, Bhagwanganj, Sagar, Sagar, Madhya Pradesh, 470 002 . Saharanpur: I Floor, Krishna Complex, Opp. Hathi Gate, Court Road, Saharanpur, Saharanpur, Uttar Pradesh, 247 001. Salem: No.2, I Floor Vivekananda Street,, New Fairlands, Salem, Tamil Nadu, 636 016. Sambalpur: C/o Raj Tibrewal & Associates, Opp.Town High School,Sansarak, Sambalpur, Orissa, 768 001. Sangli (Parent: Kolhapur): Diwan Niketan, 313, Radhakrishna Vasahat, Opp. Hotel Suruchi, Near S.T. Stand, Sangli, Sangli, Maharashtra, 416 416. Satara: 117 / A / 3 / 22, Shukrawar Peth, Sargam Apartment, Satara, Maharashtra, 415 002. Satna: 1st Floor, Shri Ram Market, Besides Hotel Pankaj, Birla Road, SATNA, Satna, Madhya Pradesh, 485 001. Shahjahanpur: Bijlipura,, Near Old Distt Hospital, Near Old Distt Hospital, Shahjahanpur, Uttar Pradesh, 242 001. Shillong: LDB Building,1st Floor, G.S.Road, Shillong, Meghalaya, 793 001. Shimla: I Floor, Opp. Panchayat Bhawan Main gate, Bus stand, Shimla, Shimla, Himachal Pradesh, 171 001. Shimoga: Nethravathi, Near Gutti Nursing Home, Kuvempu Road, Shimoga, Shimoga, Karnataka, 577 201. Siliguri: No 7, Swamiji Sarani, Ground Floor, Ground Floor,Hakimpara, Siliguri, West Bengal, 734 001. Sirsa: Gali No:1, Old Court Road, Near Railway Station Crossing, Sirsa, Haryana, 125 055. Sitapur: Arya Nagar, Near Arya Kanya School, Sitapur, Sitapur, Uttar Pradesh, 261 001. Solan : 1st Floor, Above Sharma General Store, Near Sanki Rest house, The Mall, Solan, Solan, Himachal Pradesh, 173 212 . Solapur: Flat No 109, 1st Floor, A Wing, Kalyani Tower, 126 Siddheshwar Peth, Near Pangal High School, Solapur, Maharashtra, 413 001. Sonepat: Shopo No. 5, PP Tower, Ground Floor, Opp to Income Tax office,, Sonepat, Haryana, 131 001. Sriganganagar: 18 L Block, Sri Ganganagar, Sri Ganganagar, Rajasthan, 335 001. Srikakulam: Door No 5 - 6 - 2, Punyapu Street, Palakonda Road, Near Krishna Park, Srikakulam, Srikakulam, Andhra Pradesh, 532 001. Sultanpur: 967, Civil Lines, Near Pant Stadium, Sultanpur, Uttar Pradesh, 228 001. Surat: Plot No.629,2nd Floor, Office No.2-C/2-D, Mansukhlal Tower, Beside Seventh Day Hospital, Opp.Dhiraj Sons, Athwalines, Surat, Gujarat, 395 001. Surendranagar: 2 M I Park, Near Commerce College, Wadhwan City, Surendranagar, Surendranagar, Gujarat, 363 035. Tanjore: 1112, West Main Street, Tanjore, Tamil Nadu, 613 009 . Thane: 3rd Floor, Nalanda Chambers, B Wing,, Gokhale Road,Near Hanuman Temple, Naupada, Thane, Maharashtra, 400 602 . Thiruppur: 1(1), Binny Compound,, II Street,, Kumaran Road, Thiruppur, Tamil Nadu, 641 601. Thiruvalla: Central Tower, Above Indian Bank,, Cross Junction, Thiruvalla, Kerala, 689 101. Tinsukia: Sanairan Lohia Road,1st Floor, Tinsukia, Assam, 786 125 . Tirunelveli: 1 Floor, Mano Prema Complex, 182 / 6, S.N High Road, Tirunelveli, Tamil Nadu, 627 001. Tirupathi: Shop No14, Boligala Complex,, 1st Floor, Door No. 18-8-41B, Near Leela Mahal Circle, Tirumala Byepass Road, Tirupathi, Andhra Pradesh, 517 501. Trichur: Adam Bazar, Room no.49, Ground Floor, Rice Bazar (East), Trichur, Kerala, 680 001. Trichy: No 8, I Floor, 8th Cross West Extn, Thillainagar, Trichy, Tamil Nadu, 620 018. Trivandrum: R S Complex, Opposite of LIC Building, Pattom PO,, Trivandrum, Kerala, 695 004. Tuticorin: 1 A / 25, 1st Floor, Eagle Book Centre Complex, Chidambaram Nagar Main,Palayamkottai Road, Tuticorin, Tuticorin, Tamil Nadu, 628 008 . Udaipur: 32 Ahinsapuri, Fatehpura Circle, Udaipur, Rajasthan, 313 004. Ujjain :, 123, 1st Floor, Siddhi Vinanyaka Trade Centre, Saheed Park,, Ujjain, Madhya Pradesh, 456 010 . Unjha (Parent: Mehsana): 10/11, Maruti Complex,, Opp. B R Marbles, Highway Road, Unjha, Unjha, Gujarat, 384 170. Vadodara: 103 Aries Complex, BPC Road, Off R.C. Dutt Road, Alkapuri, Vadodara, Gujarat, 390 007. Valsad: 3rd floor, Gita Nivas, opp Head Post Office, Halar Cross Lane, Valsad, Gujarat, 396 001. Vapi: 215-216, Heena Arcade, Opp. Tirupati Tower, Near G.I.D.C, Char Rasta, Vapi, Vapi, Gujarat, 396 195. Varanasi: C 27/249 - 22A, Vivekanand Nagar Colony, Maldhaiya, Varanasi, Uttarpradesh, 221 002. Vellore: No:54, Ist Floor, Pillaiyar Koil Street, Thotta Palayam, Vellore, Tamil Nadu, 632 004. Veraval: Opp. Lohana Mahajan Wadi, Satta Bazar, Veraval, Veraval, Gujarat, 362 265. Vijayawada: 40-1-68, Rao & Ratnam Complex, Near Chennupati Petrol Pump, M.G Road, Labbipet, Vijayawada, Andhra Pradesh, 520 010. Visakhapatnam: 47/ 9 / 17, 1st Floor, 3rd Lane, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh, 530 016. Warangal: F13, 1st Floor, BVSS Mayuri Complex, Opp. Public Garden, Lashkar Bazaar, Hanamkonda, Warangal, Andhra Pradesh, 506 001. Wardha : Opp. Raman Cycle Industries, Krishna Nagar, Wardha, Maharashtra, 442 001 . Yamuna Nagar: 124-B/R Model Town, Yamunanagar, Yamuna Nagar, Haryana, 135 001. Yavatmal: Pushpam, Tilakwadi, Opp. Dr. Shrotri Hospital, Yavatma, Yavatma, Maharashtra, 445 001.

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AIG Global Asset Management Company (India) Private Limited

604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai - 400 013 Tel.: (91 22) 4093 0001 Fax: (91 22) 4093 0077

Ahmedabad . Bangalore . Chandigarh . Chennai . Delhi . Hyderabad . Kolkata . Lucknow . Mumbai . Pune . Vadodara