Call our helpline numbers: 044-28578700 Toll Free: 1800-425-1000 • 24 Hour NAV Response System: (044) 28585607

SPONSORSSundaram Finance Limited21, Patullos Road Chennai 600 002Phone : (044) 28521181Fax : (044) 28520456&BNP PARIBAS Asset Management5, Avenue Kleber,75116, Paris, Francewww.bnpparibas-am.com

The particulars of SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED FUNDSERIES I – 5 Years (Scheme) have been prepared in accordance with the Securities and ExchangeBoard of India (Mutual Funds) Regulations, 1996, as amended till date and filed with SEBI. Theunits being offered for public subscription under the Scheme have neither been approved nordisapproved by the Securities and Exchange Board of India (SEBI) nor has SEBI certified theaccuracy or adequacy of the Offer Document.This offer document sets forth concisely the information about the Scheme that a prospectiveinvestor ought to know before investing. The Offer Document should be read in its entirety beforemaking an application for the Units and should be retained for future reference.Investors may note that this Offer Document remains effective until a material change occurs(other than a change in fundamental attributes and within the purview of the Offer Document)and thereafter the changes shall be filed with SEBI and circulated to the Unit holders along withthe half-yearly reports.Important NoticeInvesting in mutual fund Schemes involves certain risks and considerations associated generallywith making investments in securities. The value of the Scheme’s investments may be affectedgenerally by factors affecting capital markets, such as price and volume, volatility in the capitalmarkets, interest rates, currency exchange rates, changes in regulatory and administrative policiesof the Government or any other appropriate authority (including tax laws), or other political andeconomic developments. Consequently, there can be no assurance that the Scheme offered inthis document, will achieve the stated objectives.

The NAV of the Units issued under the Scheme can go up or go down depending on the factorsand forces affecting the capital market. Past performance of the sponsor/AMC/Mutual Fund doesnot indicate the future performances of the Schemes of the Mutual Fund.Prospective investors are advised to review this document carefully and in its entirety and consultwith their legal, tax and financial advisors to determine possible legal, tax and financial or anyother consequences of subscribing to, purchasing or holding Units under this Scheme, beforemaking an application to purchase or hold the Units.Sundaram BNP Paribas Mutual Fund (the Mutual Fund) and Sundaram BNP Paribas AssetManagement Company (the AMC) have not authorized any person to give any information ormake any representations, either oral or written, not stated in this document in connection withissue of Units under this Scheme. Prospective investors are advised not to rely upon anyinformation or representations not incorporated in this document, as the same have not beenauthorized by the Mutual Fund or the AMC.Any subscription, purchase, or sale made by any person based on the statements orrepresentations that are not contained in this document or which are inconsistent with theinformation contained herein shall be solely at the risk of the investor.Investors may also like to ascertain about any further changes after the date of this document fromthe Mutual Fund/it’s Investor Service Centres/distributors or brokers.The offer document is dated 05/07/2007. Investors may also ascertain about further changes afterthe date of the offer document from the mutual fund / its service centres / distributors or brokers.

Issue DetailsNew Fund Offer Opens on : 09/07/2007New Fund Offer Closes on : 07/08/2007

Offer Documentcum Application Form

Offer for Units of Rs. 10 Per Unit for cashduring the New Fund Offer Period

Sundaram BNP Paribas Capital Protection Oriented Fund

INVESTMENT MANAGERSundaram BNP Paribas AssetManagement Company Limited46, Whites Road, Second Floor,Royapettah,Chennai 600014.Phone : (044) 28583362/28583367Fax : (044) 28583156www.sundarambnpparibas.inwww.wiseinvestoronline.com

TRUSTEESundaram BNP Paribas TrusteeCompany Limited46, Whites Road, Second Floor,Royapettah,Chennai 600014.Phone : (044) 28583362/28583367Fax : (044) 28583156

A Close-End Capital Protection Oriented Hybrid Debt Scheme Series I - 5 years

Rated AAA (so) by CRISILThis rating indicates highest degree of certainty regarding payment of face value of the investment to unit holders on maturity.

The rating is not an opinion on the stability of the NAV, which will vary based on market developments.

COLLECTION OF APPLICATION FORMS ONLY DURING THE NFOCAMS - Investor Service Centres & TransactionPoints for all transactions subsequent to the

New Fund Offer Period.APPLICATION FORMS ARE NOT ACCEPTEDDURING THE NEW FUND OFFER PERIOD AT

THESE POINTS

BNP Paribas BankAhmedabad: Unit No. 203, 2nd Floor, Saker II, Ellisbridge, Ahmedabad 380006 Bangalore: Landmark Bldg., 3rd Floor, 21/15, M G Road, Bangalore 560001 Chennai: 3rd Floor, Prince Towers,25/26 College Road, Chennai 600006 Kolkata: Stephen House, Ground Gloor, 4A, B.B.D. Bagh East, Kolkata 700001 Mumbai: French Bank Building, 62, Homji Street, Fort, Mumbai 400001New Delhi: First Floor, East Towers (Sood Towers), 25 Barakhamba Road, New Delhi 110001 Pune: Unit No. 5 & 6, Godrej Millenium Park, Ground Floor, 9, Kopergaon Road, Pune 411001

Bank of BarodaAgartala: Kaman Chomuhani, Agartala, State Tripura Pincode: 799001 Agra: 4 Raghunath Nagar Mahatma Gandhi Road, Agra 282002 Ahmedabad: Opp. Natraj Cinema,Ashram Road,Ahmedabad 380009 Allahabad: 30, M.G.Marg, Allahabad, 211001 Anand: Bardanwala Complex, Dr.Cook Road, Anand 388001 Ankleshwar: Dinesh Shopping Centre, 1st Floor, PiramanNaka, Ankleshwar 393001 Baroda: Opp. Petrol Pump, R C Dutt Road, Alkapuri Baroda 390005 Bareilly: Rajendra Nagr, A/5 Ist Floor, Kipps Super Market Bareilly 243122 Bhopal: Habibganj,Bhopal 462016 Bhuj: Station Road, Bhuj, 370001 Bikaner: Sardulganj, Bikaner 334001 Bokaro Steel City: City Centre, Sector-4, Bokaro Steel City 827004 Bulandshar: Civil Lines, Bulandshar203001 Bulandshar: Civil Lines, Bulandshar, 203001 Chapra: Hathul Market, Chapra 841301 Dehradun: Po.Box.No.117, Astley Hall, Dehradun 248001 Dimapur: Church Road, Dimapur797112 Etawah: 165, Kunch Sheel Chandra, Etawah 206001 Gaya: Gaya Branch, Swarajpuri Road, Gaya 823001 Guwahati: S.R.C.B. Road, Fancy Bazar, Guwahati 781001 Gwalior: SarafaBazar, Gwalior 474001 Haldwani: G.T.B.P. School, Nainital Road, Haldwani 263941 Hathras: Bohre Dinnath Market, Moti Bazar, Hathras 204101 Jabalpur: 630, Gol Bazar, Shahid Smarak,Jabalpur 482002 Jaipur: 304/4, Raja Park Adarsh Nagar, Jaipur 302004 • C-39, Hari Marg, Opp - Kardhani Shopping Centre, Malviya Nagar, Jaipur 302017 • Jagdamba Towers, AmrapaliCircle, Vaishali Nagar, Jaipur 302021 • Sector 6, Mansarovar, Jaipur 302020 Jamnagar: Main Branch, Pb No 73, Ranjit Road, Jamnagar 361001 Jodhpur: Sojatigate, Jodhpur 342001 Junagadh:Opp.Bahauddin College, College Road, Junagadh 362001 Kanpur: 15/251, Civil Lines, Kanpur 208001 Kota: Jhalawar Road, Kota, Rajasthan Lucknow: 51/2, Shivaji Marg, Lucknow 226019Mathura: 2 --B, Krishnanagar, Mathura (U.P.) Mathura Meerut: 186-C, Dayanand Path, Sadar, Meerut Cantt, Meerut 250001 Mehsana: Market Yard Visnagar, Mehsana 384315 Mithapur:Oppsite Railway Station, Mithapur 361345 Moradabad: Kanth Road, Moradabad (U.P.) Navsari: P.B. No.6, Navsari 396445 Noida: Shor No 334-337, Sec 29, Ganga Shopping Complex,Noida 201303 Panchmahal: 5/6, Yamuna Kunj, Near Post Office, Halol, Panchmahal 389350 • Behind S.T.Stand, Lunawada, Panchmahal 389230 Patna: At.& Po. Patnacity, Dist. Patna,Bihar, Patna 800008 Patna: At. & P.O.-Gulzarbag, Patnacity, Patna 800008 Porbandar: Mahatma Gandhi Road, Porbandar 360575 Rajkot: Kalawad Road, Kailashnagar, Rajkot 360001Rampur: Civil Lines, Rampur 244901 Shahjahanpur: Govindganj, Shahjahanpur 242001 Shillong: Pulin Bihari Road, Police Point, Police Bazar, Shillong 793001 Sikar: Station Road, Sikar332001 Surat: Jawahar Nehru Marg, Athwalines, Surat 395001 Udaipur: Mohan Colony Circle, Banswada, Udaipur • Mohan Colony Circle, Banswada, Udaipur Ujjain: Khirsagar Colony,Ujjain 456006 Vapi: Anavil Yuvak Mandal Bldg., Main Road, Vapi 396191 Varanasi: Chowk, Varanasi, Varanasi 221001

HDFC BankAgra: Block No.-17/2/4, Friends Plaza, Sanjay Place, 282002. Ph: 0562-2524945 Ahmedabad: HDFC House, 2Nd Floor, Nr Mithakali Six Roads, Navrangpura, 380009. Ph: 079-6562385Ahmednagar: Amber Plaza Bldg. No. A, Near Old St Bus Stand, Opp. Adcc Bank, Station Road, 414 001. Ph: 0241-245 1963 Ajmer: Amc No. 13/10 & 14/0,Near Suchana Kendra, AdjacentTo Swami Complex, 305001. Ph: 0145-5100123 Allahabad: Plot No. 54/01, Sardar Patel Marg Civil Lines, 211 003. Ph: 0532- 2420050 Ambala: HDFC Bank Ltd, Shingar Palace Complex,Nicholson Road, 133001. Ph:0171-2600044 (D), 0171-2600045 Amravati: C/O Rasik Plaza, Jaistambh Chowk, Morshi Road, 444601. Ph:0721- 2568432,05,06 Amritsar: 39, The Mall. Ph:0183-2403511-15, 0183-2403516-D Anand: HDFC Bank Ltd, 1st Floor, Sanket Towers, Opp. Anand Arts College, Grid Road,388001. Ph: 02692-247091/311970 Asansol: HDFC Bank Ltd,Cms Dept P C Chatterjee Market, G T Road Rambandhu Tala, 713303. Ph:0341-2214848 Aurangabad: 113, Shivani Chambers Manjeet Nagar, Jalna Road, 431001. Ph: (0240).2362042/47Bangalore: 25/1, Shankarnarayana Building, M.G Road, 560 001. Ph: 080-5320211 Baroda: Arun Complex, 6, Alkapuri Society, R C Dutt Road, Baroda 390007. Ph: 0265-2323010 Bareilly:HDFC Bank, 154, Krishna Palace, Civil Lines, 1. Ph:(0581) - 3099631 Rim : 09356119346 Bharuch: Narayan Square, Besides Octroi Naka, Link Road, 392001. Ph: Direct no.222031 (02642),Board line -220108, 222032 extn.23. Bhatinda: 3027-B, Guru Kanshi Marg, 151001. Ph:0164-2240832,2240993-996 Bhavnagar: 137 Gopi Arcade, Opp. Takhteshwar Post Office,Waghawadi Road, 364002. Ph: 0278-2560402 Bilwara: HDFC Bank Ltd. 2-3-4 S K Plaza Complex Pur Road, 311001. Ph:01482--512686/98290-36410 Bhuj: HDFC Bank Ltd, 101 & 102Sunrise Tower, 11 - Vijaynagar Society, Hospital Road,370 001. Ph: 02832-258723 Bhopal: E-1/57, Arera Colony, 462016(M.P). Ph: 0755-2461145(DIRECT), Board-5281616,5276007,5276008. Bhubaneshwar: Hotel Jajati Comlex, Master Canteen Square, 751001. Ph: 0674-2400986/2400987 Bokaro: HDFC Bank Ltd, B-9 City Centre, Sector IV, BokaroSteel City, 827004. Ph: 06542-232786/87/88 Calcutta: Mangalam-B, 24/26 Hemanta Basu Sarani, 700 001. Ph: 033-2243 7620/21/22 Extn : 220/234 Calicut: Malabar Palace, G H Road,673001. Ph: 0495-2727759 Chandigarh: HDFC Bank Ltd, SCO-189-90-191, Sector-17C, 4th Floor, Above Gazal Resturant, 160017. Ph: 0172-2711285 Chennai: Mariam Centre, 2Nd Floor,751-B, Anna Salai, 600 002. Ph: (044) 28420870/871/876/879/881 Ext : 203 & 204 Coimbatore: # 1547 Classic Tower, Trichy Road, 641 018. Ph: (0422)2302630/2302646/2303300/2300290/2301293 Cochin: 2nd Floor, Elmar Square, M G Road, Ravipuram, 682016. Ph: 0484-2363706 Dehradun: 56, Rajpur Road, 248 001 Uttaranchal. Ph:0135-2745295 Delhi: FIG-OPS 1st Floor, Kailash Bldg, 26, K G Marg, New Delhi – 110001. Ph: 23704713/23731212 Extn 2161/2162 Dhanbad: Sri Ram Plaza, 1st Floor, Bank More Dhanbad,Jharkhand – 826001. Ph: 0326-2300715 Durgapur: A102&13, City Centre, Bengal Shristi Co, Durgapur – 713216. Ph: 0343-2549962/65 Erode: HDFC Bank Ltd. 456 Brough Road, Erode –638001. Ph: 0424-2261287/2268522 Gorakhpur: HDFC Bank Ltd, CMS Dept, Prahlad Rai Trade Centre, Ayodhya Crossing Bank Road, 273001. Ph:0551-2342612 Guntur: HDFC Bank Ltd,87-90, Main Road, Lakshmipuram, 522007. Ph:0863-2265648 Guwahati: HDFC Bank, Guwahati Branch, House No 126, Opp Times Of India, 781005. Ph: 0361-2461080/81/82Gwalior:Anand Deep Building, City Center. Ph: 0751-5015007 Hosur: HDFC Bank Ltd No. 24 & 25, Maruthi Nagar Near Dharga, Sipcot Po, 635126. Ph:04344-500554 Fax-04344-500550 Hubli:HDFC Bank Ltd, T B Revankar Complex, Vivekanand Hospital Road, 580029. Ph: 0836-2217084 Hyderabad: 6-1-73, 3Rd Floor, Saeed Plaza, Lakdikapul, 500004. Ph: 55666817/55666821Indore: 580, M.G. Road. Ph: 0731-2534513, 0731-2534513 Jabalpur: Plot No. 130 B, Bldg 1702, Napier Road, Model Road, 482002. Ph: 0761-5063040/41/42 Jaipur: O-12 Parijat, AshokMarg, C-Scheme. Ph: 0141-5107033, 5115206 Jalandhar: Delta Chambers, Gt Road. Ph: 0181-5071644,5071645 Jalgaon: Dsp Chowk, Mahabal Road, 425001. Ph: 0257-2237642/2238948/58 Extn. 111/110/104. Jamnagar: Plot No. 6 Park Colony, Opp. St. Ann'S School, Bed Bunder Road, 361008. Ph: 0288 2662035 Jamshedpur: Main Road, Bistupur, (NearRam Mandir), 831 001. Ph: (0657) 242174 (D)/242172 /2438964 Jodhpur: 57/B “Swapndeep” Chopasani Road, 342003(Raj.). Ph:0291-5106400 Junagadh: HDFC Bank Ltd, MotiPalace.Ground Floor, Moti Baug Road, 362001. Ph: 0285-2670042/2671947 Kannur HDFC Bank Ltd, CMS Dept K V R Towers, South Bazar Road, 670002. Ph:0497-2705880 Kanpur:Kraishna Tower, 15/63, Civil Lines, 208001. Ph: 0512/2305160, 2305151, 2305060, 2305020/30/40 Kolhapur: Jaju Arcade, Tarabai Park, 416003. Ph: 0231-2651906 Kota: Show Room No-13-14, Main Jhalawar Road. Ph:0744-2390485 (D), 9829 230 230 Kottyam: Unity Building, Opp M D C Centre, K.K. Road, 686 002. Ph: 0481-2300361/362/364 Lucknow: 31/31, M GMarg, Hazratganj, Ph: 0522-2201844 (DR), 2275478/79/80 Ext.27 Ludhiana: Cms Deptt, Hdfc Bank Ltd, 5Th Floor, First Mall, Mall Road, Punjab. Ph: 0161-2422344 Madurai: 7-A, West VeliStreet, Opp To Railway Station, 625 001. Ph: 0452-2350707 Manjeri: HDFC Bank Ltd, CMS Dept Kurikal Plaza, Bldg #20/1245, Kacheripady Malapurram Road, 676121. Ph:04833094040/3091472 Margoa: Manguirish Pras Bldg, Plot No -27, Aquem, Goa-403601. Ph: 0832-2750225 AND 2750019 Mehsana: HDFC Bank Ltd., Prabhu Complex, Nr. Raj Kamal PetrolPump, Abu Highway, 384 002. Ph: 02762-243173/243008 Moga: HDFC Bank Ltd, G. T. Road, Opp. D .C. Office. Ph:01636-283003 Moradabad: Chaddha Shopping Complex, GMD Road,244001. Ph:0591- 2310508/09 Mumbai: Maneckjiwadia Bldg., Nanik Motwani Marg, 23. Ph: 0222 2705514/2701001 Mysore: Nageetha Complex, Saraswathipuram, 570009. Ph: 0821-341255 Nadiad: HDFC Bank Ltd., Shoot Out Bldg, Nadiad Ice Factory Compound, College Road, 387001. Ph: 0268-2564055 Nagpur: 204, Bhagyashree, 1St Floor, Cement Road,Dharampeth Extn, Shankar Nagar Sq., 440 010. Ph: 0712-2551745/2551741 Nasik: Vastushree No.-3, Thatte Nagar, Gangapur Road, 422 005. Ph: 0253 2318165/2318170 Palakkad: 8/246Chandra Nagar, Palakkad – 678007. Ph: 0491-2570646/2572525 Palanpur: HDFC Bank Ltd., Parth Complex,Near Cozy Tower, Opp. Joravar Palace 385 001. Ph: 02742-571638/9327568081Pathanamthitta: HDFC Bank Ltd,CMS Dept, Aban Arcade, Ward # 9/1128, Pathanathitta-Kumbazha Road, 689645. Ph:0468-2322378 Patiala: S.C.O. 70-73, Leela Bhawan Market, 147 001.Ph:0175 5002500 Patna: Rajendra Ram Plaza, Exhibition Road. Ph: 0612-2206161/63 Extn:18 Pune: 885/1, 5Th Flr, Millenium Tower, Bhandarkar Raod, Shivaji Nagar, 411004. Ph: 020-5651304 Ext:132 /130 Ranchi: Appartment 11, Ranchi Club Complex, Main Road, 834001. Ph:0651-2308148/2308146/2308220/2308210 Salem: 5/241-F Rathna Arcade, Five Roads,Omalur Main Road, Salem – 636004 Ph: 0427-2331604/01/02/03 Sangrur: HDFC Bank Ltd, Shop No. 1-2-3, Kaula Park Market. Ph:01672501803 Siliguri: HDFC Bank Ltd, 3 No. RamkrishnaSamity Building, Sevoke Road, Pani Tanki More, 734 401. Ph:0353-2640726., 0353 2642566 Extn. 112/114 Surat: Chataniya Jyoti Building, Near Parle Point Circle, Surat Dumas Raod,Athwalines, 395 007. Ph: 0261- 2212205 /0261-2253847/52/54 Ext :129/130/131 Tirupathi H.No.10-14-575/A3 Mosque Road (V.V.Mahal Road), 517 501. Ph:0877-2257815,2257811Trichur: First Floor, Kalliyath Royale Squre, Palace Road, 680020. Ph: 0487-2330980/0487-2330975/76/77/78 Trichy: A-10, " Lakshmi Arcade", 11Th Cross Main Road, Thillainagar, 620 018.Ph: 0431-2742204 Trivandrum: Kenton Towers, Vazhuthacaud, 695 014. Ph: 0471 2337615 Udaipur: HDFC Bank, Chetak Circle, GPO Road. Ph:0294-2429123 Valsad: Ekta Apartment,Thithal Road Nr. Rjj High School. Ph: 02632-241395 Vishakapatnam: Potluri Castle, Dwaraka Nagar. Ph: 0891-2501652 Yamuna Nagar 103, Model Town, Nehru Park Road, 135003.Ph:01732-200006

IDBI BankAgra: Raghu Shopping Arcade, M.G.Road, 282002. Ph: 91-562-526700, 526703-4 Ahmedabad: Krishna Avenue, Subash Circle, 380052. Ph: 91-79- 7499466, 7499461 • AishwaryaComplex, Yash kunj Society, Prabhat Chowk, Ghatlodia,380061. Ph: 91-79-7430337,7432066, • Bodakdev, Rudra Square, Nr. Judges Bungalows, 380015. Ph: 91-79-6873002-4, 6872345• IDBI Complex, Lal Bungalows, Off. C.G. Road, 380006. Ph: +91 (172) 6431296 Amritsar: 9, Deep Complex, Court Road 143001. Ph: 91-183-2224574-75, 5097000 Aurangabad: RaghbirChambers, Vidya Nagar, Jalna Road, 431003. Ph: 91-240-722997/8 Bangalore: 26/1 Sowbhagya Complex, 24th Main, 5th Phase, J. P. Nagar, 560078. Ph: 91-80-659 5111/5777/5800 • IDBIHouse, 58 Mission Road, 560027. Ph: 91-70-227 9576/77 Baroda: Concorde, R.C. Dutt Road, Alkapuri, 390007. Ph: 91-265-2355 660/770, 333, 200 Belgaum: Pai Restaurant, At Corner ofCollege & Samadevi Road, Karnataka Bhavnagar: G-10 Ground Floor, Radhe Shyam Complex, Waghawadi Road, Bhavnagar – 364001. Ph: +91 (278) 517000 Bhilai: New Era, 19,Priyadarshni Parisar, Nehru Nagar Square, 490020. Ph: 91-788-292156-58 Bhopal: Plot No. 43, Opposite Rang Mahal, New Market, T. T. Nagar, 462003. Ph: 91-755-577730/ 32 Bikaner:Vyapar Udyog Bhavan, Near DRM Office, Modern Market, 334001. Ph:0151-2200166,167 Chandigarh: SCO 55-56-57, Madhya Marg, Sector 8, 160018. Ph: 91-172-543 927/928 Chennai:Nelson Towers, New No.51 Nelson Manickkam Road, 600029. Ph: 91-44-23745802-05 • Sona Building, 37, C. P. Ramaswamy Road, Alwarpet, 600018. Ph: 91-44-2466 1204/7 • P. M.Towers, 37, Greams Road, 600006. Ph: +91 (44) 28292375 • SKPAS College Ext. Counter, Sri Kanyaka Parmeswari Arts & Science College for Women, No.1, Audiappa Naicken Street,600001. Ph: 91-44-25394939/4929 • OTA, Ext. Counter, Officers' Training Academy(OTA), 600016. Ph: 91-44-22341676, 22341685 Coimbatore: 1078, Viscose Towers, 1078, AvinashiRoad, 641018. Ph: 91-422-210 156/57/58 Dehradun: 59/4, Rajpur Road, 248 001. Ph: +91 (135) 744477 Delhi: J-13/17, Rajouri Garden, 110027. Ph: 91-11-5911478/82/83 • Plot No.8, CD Block, Local Shopping Centre, Pitampura, 110034. Ph: 91-11-7314623/2625/5629 • Surya Kiran Building, Ground Floor, 19 K. G. Marg, 110001. Ph: 91-11-335 7800/01/02 • 1/6, Siri FortInstitutional Area, Khel Gaon Marg, 110049. Ph: 91-11-6499681/2/4, 6491111 • IFCI Tower, 61, Nehru Place, P.B..4499, 110019. Ph: 91-11- 6231169/3415 • E-14, Khasra No 550, VasantKunj Road, Ph:+91 (11) 26787116 Erode: Aanoor Amman Complex, # 66 , Veerapathra 2nd street, Sathy main Road, Erode 638003. Ph: 0424-5535511/12/13/14 Faridabad: Ground Floor,SCO-99 Sector 16 Behind Sagar Cinema house Haryana 121002. Ph:+91(129)5225129 Gurgaon: Pal Towers, Mehrauli-Gurgaon Road, Village Sikanderpur Chosi, Sikandepur, Gurgaon –122022. Ph: +91 (124) 2357409 Gwalior: Chamber Bhavan, SDM Road, 474009. Ph: +91 (751) 2436746 Hubli: Giriraj Annexe, Traveller's Bunglow Road, 580029. Ph: 91 0836-258000/1/2/3Hyderabad: Plot No 9, Near L. V. Prasad Eye Hospital, J.R. House Road, No. 2 Banjara Hills, 500034. Ph: 91-40-354 8762/79/83 • Mahavir House, Basheerbagh Square, 500029. Ph: +91(40) 3224822 Indore: Pitrachaya, Plot No. 111, Jawahar Marg, 452004. Ph: 91-0731-2342650/51, 2341454 • Alankar Chambers, Ratlam Kothi, A. B. Road, 452001. Ph: 91-731-510602/519001 Jaipur: D-24 Durlabh Niwas, Prithviraj Road, C Scheme, 302001. Ph: +91 (141) 367928 Jamshedpur: Shantiniketan, Sakchi Boulevard Road, Bistupur, 831001. Ph: +91 (657)425452 • TELCO Ext. Counter, Town Office Premises, Opp. TELCO Club, TELCO Colony, 831001. Ph: 91-657-281239, 281250 Jodhpur Dhanalaxmi Towers, 1st Chopsani Road, 342003.Ph:+91(291)431-105 Jullandhar: Bombay Palace, 136, Jawahar Nagar, Cool Road, 144001. Ph: 91-181-227137, 227132, 886426 Kakinada: R K Electrical Works, Door No 43-1-28, MainRoad, 533001. Ph:0884-2345602 Kanpur: Jeevan Vikas, M.G. Road, Near Statue Junction, 208 001. Ph: 91-512-2360700, 2360705-6 Kolkata: 39/1 A, Post Office Road, Dum Dum, 700028. Ph: +91 (129) 5225129 • "BIBHUTI", 23/29/1, Gariahat Road, 700029. Ph: 91-33-4602510, 4602521 • Brabourne Road Mookerjee House, 17,Brabourne Road, 700001. Ph: 91-33-2437964-67 • Siddha Point, Ground Floor, 101, Park Street, 700016. Ph: 91-33-2461024/2175001 Lucknow: 15, Ashoka Marg, 226001. Ph: +91 (832) 2700500 Ludhiana: 107, The MallRoad,141001. Ph: +91 (161) 2412105 Madurai: Karthik Raja Complex, 1/1, Vinayaga Nagar, Melur Road, K. K. Nagar, 625020. Ph: 91-452-527667-68 Mangalore: Metalco Plaza, HighlandRoad, Falnir, Kankanady, 575001. Ph: +91 (824) 431000 Moradabad: Gr. Floor and First Floor, Ekta Complex, Company Bagh, Civil Lines, 244001 Mumbai: Kaustubh Park, Next to BhagwatiHospital, Mandepeshwar Road, Borivli West, 400103. Ph: 91-22- 28946653/85 • Andheri Marigold House, Plot No.A-34, Cross Road No.2, Marol, MIDC, Andheri East, 400093. Ph: 91-22-28368218/ 8239 • Shop No. 2, Ground Floor, Vallabh Vihar, M. G. Road, Ghatkopar (East), 400077. Ph: 91-22-25023801-2 • INDU House, Veer Savarkar Marg, Prabhadevi, 400025. Ph:91-22-24223093/2863/3152/ 5600 • Warden Road, Tirupati Apartments, Bhulabhai Desai Road, 400026. Ph: 91-22-2491 0837/38/39 • Shop 12-16, Sunny Estate II, Sion Trombay Road,Chembur, 400071. Ph: 91-22-2529 1112/1008 • Dharmi Niwas, Plot No.77, R. K. Mission Marg, Khar (West), 400052. Ph: +91 (22) 26001326 • Mittal Tower, 'C' Wing, Ground Floor,Nariman Point, 400021. Ph: 91-22-2281 1361/ 1362 • IDBI Tower Ext. Counter, IDBI Tower, 1st Floor, WTC Complex, Cuffe Parade, 400005. Ph: 91-22-22185313, 310 • Jaslok Hosp.Ext.Counter, Jaslok Hospital Dr. G. Deshmukh Marg, 400026. Ph: 91-22-24933333 extn. 3017 Nagpur: Indo Unique Plaza, East High Court Road, Civil Lines, 440001. Ph: +91 (712) 2549797Navsari: HareKrishna Complex, Chimnabai Road, Near Vasant Talkies, 396445. Ph: 91-2637-33463, 47271, 48951, 43742 Panvel: Balaji Apartments, Plot No. 3, Sector 19, Panvel MatheranRoad, 410206. Ph: +91 (22) 27463955 Patna: Kashi Palace Complex, Dak Bungalow Road, Opp. Heera Palace, 800001. Ph: +91 (612) 2203777 Pune: Maratha Chambers, Plot No. 3, (SDC),Sector 25, Bhel Chowk Road, 411044. Ph: 91-20-4113400, 4113500 • Rajas Apts., Plot No.13, Abhimanshree Road, Off Baner Road, Aundh, 411007. Ph: 91-20-5893534 • Plot No 128,Ground Floor, Blue Hills Avenue, Kalyani Nagar, Nagar Road, Yerawada, 411006. Ph: +91 (20) 6612039 • Dynaneshwar Paduka Chowk, Fergusson College Road, 411004. Ph: +91 (20)5672191 Raipur: Singhania House, Civil Line, Opp Museum Raipur 492001. Ph: 0771 2234222/223 Rajahmundry: Karri Suri Reddy Plaza, Door No 46-22-11, Danavaipeta Park Road,533103. Ph:0883-2433335 Surat: ESS EN House, Ghod Dod Road, 395001. Ph: 91-0261-3656371/72/73 Thiruvananthapuram: Muthoottu Buildings M.G. Road, Near Statue Junction,695001. Ph: 91-471-571166-69 Thiruvalla: Warbha Centre, Ramanchira, M. C. Road, 689101. Ph: 91-469-2636118/19 Tirupur: Balamurugan Complex, 266 Avinashi Road, Bungalow Stop,Thirupur 641602. Ph: 0421-534 3000 / 01 / 02 Trichy: Dukes Complex, 120, Bharatiar Salai, Cantonment, 620001. Ph: 91-431-2400582/83/85 Udaipur: Mumal Towers, 16, Saheli Marg,313001. Ph:+91(294)2527622 Varanasi: Arihant Complex, Nagar Nigam Road, Sigra, 221002. Ph: 91-542-226501/3 Vijayawada: BSR Plaza, Nr. Maris Stella College, Ring Road, Vijayawada,520008. Ph: 91-866-2496912-15

ICICI BankBangalore: ICICI Bank Towers, 1, Commissariat Road, Ground Floor, 560001. Ph: 080-51296007 Chennai: 1, Cenotaph Road, 600018. Ph:044-24364702-07/24364709 Coimbatore: CheranPlaza, 1619, Trichy Road, 641018. Ph: 0422-2300164/2305309 Cuttack: Plot no 2690, Bajraakabati Road, 753001. Ph: 0671-2327002 Dharmapuri: 74, Nethaji Bye pass Road, Dharmapuri.636701. Ph: 04342 - 260023 / 270023/270183/270663 Erode: 10, Gandhiji Road, Erode, Erode Dist. 638001. Ph: 0424 -2259612 / 2250264 Guntur: ICICI Bank Ltd., 5-82-2, PMG Complex,Lakshmipuram Main Road, 522002. Ph:0863-2233653/2252500/2234391 Hyderabad: ICICI Bank, 6-2-1012, TGV Mansions, Opp. Institution of Engineers, Khairatabad, 500004. Ph: 040-55662345,55629992 Khozicode: Shafeer Complex, Opp. YMCA, Kannur Road, 673001. Ph: 0495-2366059/2366129/9847447711 Kochi: RCM Hospital, Hill Palace Road, Tripunithura,Kochi. Ph: 0484-774270/774527 /2362331/38 Kolkata: Rasoi Court, 20, Sir R N Mukherjee Road, 700001. Ph: 033-22100994 /22100993 Kollam: ICICI Bank Ltd, Vaidya Commercial Arcade,Next To Hotel Shah Intl., Residency Road, 691001. Ph:0474-2747037/2761392 /4464/4465 Mangalore: 1st Floor, Bharath Building, Post Box No. 44, Panje Mangesh Rao Road, 575001. Ph:0824-442503-442508 Meerut: 65, Shivpuri, First Floor, Opp. Eves Hospital, Hapur Road, 250001. Ph: 0121-2655805,2640374,2655195 Moradabad: Shop No 19 To 23, Lower Ground Floor,Chaddha Shopping Complex, G. M. D. Road, 244001. Ph:0591-2326881/2326656/2310392/2310141 Mumbai: Navsari Building, 240, D.N.Road, Fort, Mumbai. Ph: 022-22074698/22072610/ 22077324/22072333 Navi Mumbai: Ground Floor, Arti, Shivaji Chowk, Sector 2, Vashi, 400703. Ph: 022-27824136/27824178 Nagercoil: 149, Cape Road, Kottar,Nagercoil. Kanyakumari District. 629002. Ph: 04652 - 244973/245558 Nagpur: Vishnu Vaibhav, 222, Palm Road, Civil Lines, 440001. Ph: 0712-2540297/5614040/2540014/2540294/2540302 Nellore: 16/1154, Gandhi Nagar, Trunk Road, 524001. Ph: 0861-2327781/2342168 New Delhi: 9A, Phelps Building, Connaught Place, 110001. Ph: 011 -51517955/56/58 Neyveli: 3 P.B.No. 18, Unit 5/5, Main Bazar, Neyveli Township, 607803. Ph:04142-228263/229807 Panjim: 65, Sindur Business Centre, Swami Vivekanand Road, 403001.Ph: 0832-2232180/2423444/2423777 Phagwara: G.T.Road, (Opp. Bus Stand), Phagwara, Punjab. 144401. Ph: 01824 - 266782 Pollachi: S. S. Complex No. 4, New Scheme Road, Pollachi.642001. Ph: 04259 - 228494 Pondicherry: 47, Mission Street, 605001. Ph: 0413-2332237/38/ 2332232/2332242 Pune: A-Wing, Shangrila Gardens, Bund Garden Road, 411001. Ph: 020-6128248/6128249 Rajkot: Jai Hind Press annexe, Opp. Shardabaug, Babubhai Shah Marg, 360001. Ph: 0281-2443973/74/75/76 Rourkela: Plot no445, Madhsudan chowk, Bisra road,Rourkela-769001 Ph: 0661-251 2976/251 2978/2509444 Salem: Swarnambigai Plaza, S. F. No. 6/5, Block no. 7, Ward-C, Omalur Main Road, Near Bus Stand, 636009. Ph: 0427-2336635/36/39, Salem-Attur: P.B.No.12, 640, Ranipet Main Road, Attur, Salem Dist. 636102. Ph: 04282 - 250651, 240828, 242107, 241048, 240851 Tirunelveli: 24-D-4, S. N. High Road,627001. Ph:0462-2334697/2337314/2321087 Tirupur: 56/1, The Cocoon, Sabari Salai, Kumaran Road, 641604. Ph: 0421-2247422/421 Tuticorin: ICICI Bank Ltd., No. 19, Victoria ExtensionRoad, 628002. Ph:0461-2321072/2325280 Udumalpet: 48, Dhali Road, Udumalpet, Coimbatore District. 642126. Ph: 04252 - 223834 Vadodara: Landmark Building, Race Course Circle,Alkapuri, 390007. Ph:0265-2339923/2339924/2339925/ 2339927/2339928 Vapi: Plot No 135, VIA House, GIDC cross Roads, 396195. Ph: 0260-2400800/2427346/2421881

Kotak Mahindra BankAhmedabad: 213/214, Sakar II, Ellis Bridge Corner, Ashram Road, Ahmedabad, Gujarat-380006. Ph: (079) 26574301 / 02 Bangalore: Raheja Towers, Second Floor, Bangalore - 560 001IIndFloor, West Wing, 26-27,Raheja Towers, M G Road,Bangalore - 560 001. Ph: 080-51124373 Chennai: Capitale' Ground Floor, 555, Anna Salai, Chennai - 600 018. Ph: (044) 52040205Hyderabad: Pavani Jewel Tower, Ground Floor, Somajiguda, Hyderabad - 500089. Ph: (040) 55755039 Kolkata: Apeejay House 15, Park Street Kolkatta -700 016. Ph: 033-22271971Mumbai: 5 C/ II, Mittal Court, 224, Nariman Point, Mumbai - 400 021. Ph: (022) 56563434 New Delhi: Ground Floor, Ambadeep, 14, K.G. Marg, New Delhi-110001. Ph: (011) 51790000ext 207/208/209 Pune: M-4, Virwani Plaza,11, East Street, Pune. Ph: 020- 26333693

South Indian BankAhmedabad: Ground Floor, Sakar 7, Nehru Bridge Jn., Ashram Road, Ahmedabad, Ahmedabad Dist. Alappuzha: Convent Square Alappuzha Dist. Aluva: P B No 34, Railway Station Square,Aluva, Ernakulam Dist. Angamali: P B No 29,Bank Jn., Aluva Road, Angamali 683 572, Ernakulam Dist. Angamali(Nri); P B No 29,Bank Jn., Aluva Road, Angamali 683 572 Ernakulam Dist.Aruppukottai: P B No 8, Anut Complex, (1 st Floor), 23, Pandalgudi Road Jn, Aruppukottai 626101 Virudhunagar Dist. Ayyampettai: 68/64, Mela Street, Ayyampettai, Kancheepuram Dist.Bangalore (Indira Nagar): 43/1A, Ground Floor, Aishwarya Building, 9th A Main, Indira Nagar Ist Stage, Off. C.M.H Road, Near Coffee Day, Bangalore Dist. Bhavani: P B No 56, 701,Murugan Transport Bldg., Mettur Road, Bhavani, Erode Dist. Bodinayakanur: PB No 41, 20/64, Uthamapalayam Road, T R R Complex, Bodinayakannur 625 513, Coimbatore Dist.Chalakkudy: Manjaly achandy Trade Centre, Trunk Road, South Junction, Chalakkudy 680 307, Thrissur Dist. Chalakkudy: Extension Counter: St. James Hospital E C, Main Road, Chalakkudy680 307 Chemmad-Tirurangadi: D No. C3A, ACM Towers, Chemmad, Tirurangadi 676 306, Malappuram Dt., Kerala, Malappuram Dist. Chemmancherry: 2/136, Ist Floor, Near Sub RegistryOffice, Calicut-Kannur road, Chemmancherry 673 304, Kozhikode Dist. Chengannur: P B No 19, J & M Shopping Complex, (Ist Floor) , Opp KSRTC Bus Stand, Chengannur 689 121,Alappuzha Dist. Chennai: (Mount Road) P B No 3754, 19,( Ground Floor),Mount Road, Opp. Anna salai HPO, Chennai 600 002 Chennai Dist. Cherthala: P B No 26, NSS Bulding, NearKSRTC Bus Stand, A S Road, Cherthala 688 524, Alappuzha Dist. Chittur: P B No 11, 11/223,Main Road, Chittur 678 101, Palakkad Dist. Coonoor: P B No 10, New Pharmacy Bldg, (I stFloor),15/7, Mount Road, Coonoor 643 102, Nilgiris Dist. Cuddalore: No 2, Car Street, Tirupapuliur, Cuddalore 607 002, Cuddalore Dist. Delhi (Patparganj): Shop No. 19 & 20, CSC No.1,Zone E- 13, Delhi 110092, Delhi, New Delhi Dist. Goa-Panaji: 23-25, New Municipal Office Building, Dr. Pissurlenkar Road Panaji, Goa 403 001, North Goa Dist. Gudiyattom: P BNo 4, 277, Santhapet, Gudiyattom 632 602, Vellore Dist. Guruvayur: Ground Floor, R.V.Trade Centre, East India, Thrissur Dist. Idukki: St George Church Building, Nayarupara P O, Idukki685 602, Idukki Dist. Irinjalakuda: P B No 26, XVIII/343, "Blaze Court", Main Road, Irijalakuda 680 121, Thrissur Dist. Kadavanthra: St. Joseph's UP School, Kadavanthra, Kochi 682 020,Ernakulam Dist. Kalady: P B No 6, Alikkal Shopping Complex, M C Road , Kalady 683 574 Ernakulam Dist. Kalamassery: P B No 20, Premier Junction, Kalamassery 683574, Ernakulam Dist.Kanjirapally: P B No 17, Kollamkulam Building, Kurisinkal, Kanjirapally 686 507, Kottayam Dist. Karunagapally: P B No 6, Chaithanya Shopping Complex, N H,Door No KP 374A, NearKSRTC Bus Station, Karunagapally 690 518 Karuvatta: Mar Thomas Church Centenary, Community Hall(Ground Floor), Karuvatta 690 517, Alappuzha Dist. Kasargod: P B No 44, PadoorShopping Complex, Near bus Stand, Kasargod-671 121, Kasargod Dist. Kodungallur: P B No 5, Padiyan's Complex, North Nada, Kodungallur 680 664, Thrissur Dist. Koothuparambu:Nirmalagiri College, Nirmalagiri, Koothuparambu, Kannur Dist. Kothamangalam: P B No 9, Oliapuram Shopping Complex, (I st Floor), Kothamangalam 686 691, Ernakulam Dist.Kottayam(Nri): NRI Branch, P B No 701, Regency Square, P O Collectorate, Kottayam 686 001 Kumarakom: Puthenparambil Building, Main Road, Kumarakom, Kottayam Dist. Kumbakonam:PB No. 33, 40-43, Sarangapani South Street, Kumbakonam 612 001, Tamilnadu, Thanjavur Dist. Kunnamkulam: P B No 6, Ist Floor, Hall No 3 & 4, Muncipal C Shape Building, Kunnamkulam

680 503, Thrissur Dist. Kunnamkulam(Nri): NRI Branch, P B No 6, I st Floor, Hall No 3 & 4, Muncipal C Shape Building, Kunnamkulam 680 503 Madikkeri(Mercara): P B No 36, Ist Floor,Sri Krishna Plaza, College Road, Madikeri 571 201, Kodagu Dist. Mahe: P B No 2, Ariso Shopping Complex, Main Road, Mahe 673 310, Mahe Dist. Mavelikara: P B No 16, Mitchel Junction,Mavelikara 690 101, Alappuzha Dist. Mullassery: III/478, Main Road, Mullassery 680 509, Thrissur Dist. Mumbai (Ghatkopar): Flat No. 101 & 102 (1St Floor), Kanta Smruti Apts., Kharwadi,LBS Marg, Ghatkopar (West), Mumbai 400 086, Mumbai Dist. Muvattupuzha: P.B. NO. 16, Madeparambil Chambers, (Ground Floor), T.B. Junction, M.C. Road, Muvattupuzha 686 661,Ernakulam Dist. Muvattupuzha (Nri): NRI Branch, Madeparambil Chambers, T.B. Junction, M.C. Road, Muvattupuzha 686 661, Ernakulam Dist. Nilambur: P.B. NO. 7, Nalakath VeeranBuilding, Main Road, Opp. Village Office, Nilambur 679 329, Malappuram Ottapalam: P.B. No. 4, J.R.J Complex (1st floor), Main Road, Ottapalam 679 101, Palakkad Dist. Padappai:2/410,Bazar Street, Padappai 601 301, Kancheepuram Dist. Padur: G.S.T Road, Pari Nagar, NH 45, Padur 606 115, Villupuram Dist. Palai: P.B No 3, Mattathil Building, Main Road, Palai-686 575, Kottayam Dist. Palarivattom: P.B. No 2284, XXXV/980, Janatha Junction, Palarivattom, Cochin 682 025, Ernakulam Dist. Tattamangalam: P B No.5 18/123 Bazar St.,Tattamangalam 678 102, Palakkad Dist. Thaliparamba: Door No 9 to 12, Ground Floor, Kuttukkan Complex, N.H Road, Thaliparamba 670 141, Kannur Dist. Thiroor: IV/12 Ground Floor,Variampat Building, Thiroor, P O Mulankunnathukavu 680581, Thrissur Dist. Thoppumpady: P B No 811, Edathil Building, Convent Junction, Thoppumpady, Kochi 682 005 Tripunithura: PB No 17, XV/605,St Mary's Forane, Church Building, East Fort, Trippunithura 682 301, Ernakulam Dist.

UTI BankAbohar: Khasra No. 1275, Circular Road, Abohar 152 116, Dist. Ferozepur, Punjab Adda Dhaka: Khata No. 601/671, Khasra No. 72/14/2, Village Dakha-Ii, Ferozpur Road, Adda Dakha 141102, Tehsil And District Ludhiana, Punjab Agartala: Banik Tower, Hg Basak Road, Agartala 799 001, Tripura Agra: Ground Floor, Block No.41/4A, Friends Tower, Sanjay Place, Agra - 282002 (U.P.) Ahmedabad: ‘Trishul’, Opposite Samartheshwar Temple, Law Garden, Ellis Bridge, Ahmedabad 380 006, Gujarat Ahmednagar: Hotel Sanket Complex, 189/6, Tilak Road,Ahmednagar 414001, Ahmednagar District, Maharashtra Aizawl: House No. A/69/A, Chanmari, Aizawl 796 007, Mizoram Ajmer AMC No.481-485/10, Kutchery Road, India MotorCircle,Ajmer 305 001, Rajasthan Alamuru: S. No. 232/1,Mandapeta to Alamuru Road Alamuru 533 233, East Godavari District, Andhra Pradesh Alappuzha: S. No. 820/30/A1/1, Danis Arcade,Cullen Road, Mullackal Junction, Alappuzha 688 011, Kerala Aligarh: Niranjan Puri, Aligarh 202 001 Uttar Pradesh Allahabad: 28B, Civil Station, M.G. Marg, Civil Lines, Allahabad 211 001,Uttar Pradesh Alwar: 1, Jai Complex, Road No.2, Alwar 301 001, Rajasthan Ambala: LIC Office, Ambala Cantonment Jeevan Jyoti Building, LIC Office, Jln Marg, Jagadri Road, Ambala Cantt.-133001, Haryana Amravati: Ground Floor, Gulshan Tower, Mofussil Plots, Near Panchsheel Talkies, Nh No. 6, Near Jaistambh Chowk, Amravati 444 601, Maharashtra Amreli: Om NagnathComplex, Near Nagnath Temple, Amreli 365 601, Gujarat Amritsar: 29, Kennedy Avenue, Court Road, Amristar 143001, Amristar District, Punjab Anantapur: No.1946, Nithin Complex,Saptagiri, Circle, Subhash Road, Anantapur 515 001, Andhra Pradesh Angul: Shreeram Market Complex, Main Road, Angul 759 122, Orissa Ankleshwar: Ankleshwar Industrial Association,Plot No. 618, Gujarat Indl Development Corpn, Gidc, Ankleshwar 393002, District Bharuch, Gujarat Arambagh: Link Road, Arambagh, Dist. Hooghly, PIN 712 601, West Bengal Arni: No.42/1, Thatchur Road, Arni 632 301 Dist. Thiruvannamalai, Tamil Nadu Asansol Purbasha Banquet Hall, Apurba Complex, Apcar, Garden, Sen Raleigh Road, Asansol 713 304 Atul: QuarterNo. Ao/5, Atul Complex, Opp. State Bank Of India, Atul 396 020, Dist. Valsad Aurangabad: ‘Sakar Building’ Adalat Road, Near Kranti Chowk, Aurangabad 433 001, Maharashtra Baddi: ShowRoom No. 45,46,47, Fauji Complex, Sai Road, Baddi 173 205, Himachal Pradesh Bagha Purana: Khasra No. 1487/2-13, Mudki Road, Bagha Purana 142 038, District Moga, Punjab Balasore(Baleshwar): Subhra Plaza, O T Road, Padhuan Pada (Near Police Lines Square), Balasore 756 001, Orissa Ballabgarh: Plot No.40,Sco, Sector 7, Ballabhgarh, Faridabad 121 006, HaryanaBangalore: No. 9, M. G. Road, Block A, Bangalore 560001 Bankura: 240/A, Nutan Chati, PO and District Bankura 722 101, West Bengal Bapatla: D. No. 501/3, Radam Bazar, Car StreetBapatla 522 101, District Guntur, Andhra Pradesh Baramati: Plot No.485, 'Guddi' Building, Bhigwan Road, Baramati 413 102, Maharashtra Barbil: Hotel Prachi, Opposite Barbil Bus Stand,PO Barbil, District Keonjhar 758 035, Orissa Bardoli: Manchhaba Sankskruti Bhavan, Sardar Baug, Bardoli 394 601, District Surat, Gujarat Bareilly: 148, Civil Lines, Bareilly 243 001 UttarPradesh Bargarh: Chanda Market Complex, NH 6, Bargarh 768 028, Orissa Barnala: No.B/12/443, "Meghraj & Son's Building", College Road, Barnala 148 101, Punjab Bathinda (Bhatinda):Tp Scheme, The Mall, Bathinda 151 005, Punjab Beharampur: 3/20, K K Banerjee Road, Lal Dighi, Beharampur 742 101, West Bengal Belgaum: Cts No. 5854, Congress Road, Tilakwadi,Belgaum 590 006 Karnataka Bellary: Door/S.No.8, Main Road, Siddartha Complex, Parvathi Nagar, Bellary 583 103, Karnataka Berhampur (Ganjam): Time World, Plot No. 1195, Ward No.20 Tata Benz Square, Berhampur 760 005 Ganjam District, Orissa Bhadrak: R. C. Behera Market Complex, Salandi By Pass, Bhadrak 756 100, Orissa Bhagalpur: 34, Patal Babu Road,Bhagalpur 812 001, Bihar Bharuch: Shri S'Ad Vidya Mandal Institute Of Technology, Old National Highway No. 8, Bharuch 392 001, Gujarat Bhavnagar: Plot No.6 B OppositeDakshinamurthy School, Waghawadi Road, Bhavnagar 364 002, Bhavnagaaar District, Gujarat Bhilai: Block A, Plot No. 5 Utttar Gangotri, Off. G E Road, Supela Chowk, Bhilai 490 020,Durg District, Chhatisgarh Bhilwara: Ganpati Enclave, Heera Panna Campus, Opp. Nahar Brothers Petrol Pump, Pur Road, Bhilwara 311 001, Rajasthan Bhiwani: Khasra No. 723/2, CircularRoad, Baba Nagar, Bhiwani 127 021, Haryana Bhopal: Star Arcade, Plot No.165 A & 166, Zone - I, M.P.Nagar, Bhopal -462 011 Bhubaneshwar: C/O. Archbishop'S House, Satyanagar,Bhubaneshwar 751 007 Bidar: No. 9-9-3 (Old No. 9-9-2), Seenu Complex, B.V.B. College Road, Gandhi Gunj, Bidar 585 401, Karnataka Bikaner: Shree Gaurav Complex, Daga Maidan,Near Dak Bunglow and Railway Station, Rani Bazar Road, Bikaner 334 001, Rajasthan Bilaspur: Rama Trade Centre, Opposite Rajiv Plaza, Near New Bus Stand, Bilaspur, Chhatisgarh 495001Bokaro: Hotel Blue Diamond, Ground Floor, 15 D/1, Western Avenue, Bokaro Steel City, Bokaro 827 001, Jharkhand Bolpur (Bolpar): Municipal Super Market, Shantiniketan Road, Bolpur731 204, District Birbhum, West Bengal Burdwan 37, G. T. Road, Burdwan 713101 Calicut (Kozhikode): "Karupalli Arcade", YMCA Cross Road, Calicut 673 001, Kerala Chandigarh: SCO343-344, Sector 35-B, Chandigarh 160 022 Chennai: 225, Anna Salai,Opp.Spencer Plaza Anna Salai Chennai 600 002 Chinnamiram: 7-132, J P Road, Venkatrajunagar, Chinnamiram 534204, West Godavari District, Andhra Pradesh Chittoor: 18-1024, ‘Sindhu Towers’, Prakasam High Road, Chittoor 517 001, Andhra Pradesh Cochin (Kochi): 41/419, Ground Floor, ChicagoPlaza, Rajaji Road, Ernakulum, Kochi - 682 035 Coimbatore: Vigneswar Cresta, No.1095, Avinashi Road, Pappanaickenpalayyam, Coimbatore - 641 037 Contai: Plot No. 232, Ward No. II,Serpur Etwaribar, PO + PS Contai, District Purba Medinipur 721 401, West Bengal Cuttack: Jayashree Plaza, 34, Dolamondai, Badambadi Cuttack 753 009 Dahod: Ground Floor, VrundavanHotel, Station Road, Dahod 389 151, Gujarat Daman: Sagar, Teen Batti, Daman 396 210 Darjeeling: Maryland Resorts Ltd., Rink Mall, 16-22, Laden la Road, Opposite General Post Office,Darjeeling 734 101, West Bengal Davanagere: No. 821, Renuka Extension, Onkarappa Lane, P.B. Road, Davangere 577 002, Karnataka Deesa: Ground Floor, Panchal Complex, RailwayStation Road, Deesa 385 535, Dist. Banas Kantha, Gujarat Dehradun 56, Raipur Road, Dehradun – 248 001 Dewas: Lic Of India, Dewas, Branch Office No. 1, Moti Bungalow, A. B. Road,Dewas 455 001, Madhya Pradesh Dhanbad: Shri Ram Plaza, 1St Floor, Bank More, Dhanbad 826 001, Jharkhand Dhule: Ground Floor. Lane No. 2, Main Market, Lalbaug, Dhule 424 001,Maharashtra Dimapur: Circular Road, Near City Tower, Dimapur 797 112, Nagaland Dindigul: ‘Spencer’s Compound’, Salai Road, Dindigul 624 001, Tamil Nadu Dindori: Charoskar Building,Near Manbhari Cloth Centre Nashik- Kalwan Road, Dindori, District Nashik 422 202, Maharashtra Durgapur: No. 101/N, Sahid Khudiram Sarani, City Center, Durgapur 713 216 DistrictBarddhaman, West Bengal Edarapalli: S. No. 525/4, Near RTC Complex, Edarapalli 533 201, East Godavari District, Andhra Pradesh Erode: R.S. No. 418/2, Adjoining Sudha Nursing Home,Perundurai Rd., Veerappan Chathiram Panchayat, Erode 638 011, Tamil Nadu Faizabad: Plot No. 2/1/6, Opposite Circuit House, Civil Lines, Faizabad 224 001, Uttar Pradesh Faridkot: B-VI/65, Circular Road, Faridkot 151 203, Punjab Ferozepur: ES-30/3, Harji Niwas, 1-The Mall, Ferozepur City 152 002, Punjab Gadag: CEEKAY Towers, J. T. Mutt Road, Near General Hospital,Gadag 582 101, Karnataka Gandhidham: Plot No.349, Sector 12/B, Gandhidham 370201, Kachchh District, Gujarat Gandhinagar: Gandhinagar Milk consumer co op union, Plot no.436,Sector 15, Gandhinagar, Gujarat - 382016 Ganganagar (Sriganganagar): 4-B-22, Jawahar Nagar, Adjacent To Gupta Nursing Home, Ganganagar 335001, Sriganganagar District, RajasthanGangtok: M. G. Road, Gangtok 737101, Sikkim Ghaziabad: Plot No. Iii, N/30, Ambedkar Road, Nehru Nagar, Ghaziabad 201001, Uttar Pradesh Godhra: 20, Bhagwat Nagar, Prabha Road,Godhra-Dahod Highway, Godhra 389 001, Gujarat Gokak: CTS No. 3200/A-1/A & B,Matru Chaya Building, Bus Stand Road, Gokak 591 307, District Belgaum, Karnataka Gorakhpur: PlotNo. 560, Mohalla Purdilpur, AD Chowk, Bank Road, Gorakhpur 273 001, Uttar Pradesh Gudivada: D.No.10/156, Eluru Road, Gudivada 521 301, District Krishna, Andhra Pradesh Gulbarga:Jawali Complex, Super Market, Gulbarga 585 101, Karnataka Guntur: 1St Floor, P. R. Raju Plaza, 11-1-1, Naaz Centre, Guntur 522 001 Gurdaspur: Khasra No. 292-298, A.P. Palace, TibriRoad, Gurdaspur 143 521, Punjab Gurgaon: SCO-29, Sector-14,Near HUDA Office, Old Delhi-Gurgaon Road, Gurgaon-122001, Haryana Guwahati: Ground Floor, Chibber House G.S.Road, Dispur, Guwahati 781 005, Assam Gwalior: Ground Floor, Kanwal Complex, Shrimant Madhavrao, Scindia Marg, Gwalior 474002, Madhya Pradesh Habra: Holding No. 92, WardNo. 4, Habra Bazar, Jessore Road, Habra 743 263, District 24 Parganas (North), West Bengal Haldia: Akash Ganga Commercial Complex, Basudevpur, P.O. Haldia, District Purba Medinipur,Pin 721 602 Haridwar: 6, Hari Nagar, Opposite Hotel Classic Residency, Main Haridwar-Delhi Road, Haridwar 249 407, Uttaranchal Hassan: Ground Floor, Lalitha Krupa, B M Road, Hassan573 201, Hassan District, Karnataka Himatnagar: Ashoka House, Ground Floor, Opp. Civil Hospital, Himatnagar 383 001, Gujarat Hissar: Sco No. 177, Commercial Urban Estate, No.1,Hissar 125 001, Haryana Hoshangabad: Meenakshi Chowk, Sadar Bazar, Hoshangabad 461 001, Madhya Pradesh Hoshiarpur: B-XX/214, Main Court Road, Hoshiarpur 146 001, PunjabHubli: Kalburgi Plaza, 163/20A, Main Road, Deshpandenagar, Hubli 580 029, Karnataka Hyderabad: 6-3-879/B, G. Pulla Reddy Bldg., First Floor, Begumpet Road, Hyderabad 500 016Indore: Kamal Palace, 1, Yeshwant Colony, Y N Road, Indore 452003 Islampur: N.D. Patil Building, Near Asta Naka, District Sangli, Islampur 415 409, Maharashtra Itanagar: Teli Plaza, NearMLA Cottage, E Sector, National Highway 52A, Itanagar 791 111, Arunachal Pradesh Jabalpur: 124, Napier Town, Commercial Automobiles Building, Shastri Bridge Chowk, Jabalpur 482001,Madhya Pradesh Jagraon: Khasra No.937, Property No.364/7, Darshan Tractors Building, Tehsil Road Jagraon: 142 026, District Ludhiana, Punjab Jaipur: O-15, Green House, Ashok Marg,C-Scheme, Jaipur 302 001 Jalgaon: Patel Plaza, C S No. 2683, A1/17, M G Road, Jalgaon 425 001, Maharashtra Jallandar (Jalandhar): 50, Badri Dass Colony, Mahavir Marg, Near BmcChowk, Jalandhar 144 001, Punjab Jalna: Head Post Office Road, Jalna 431 203, Maharashtra Jalpaiguri: A C College Of Commerce, Jalpaiguri, Bdc Road, Jalpaiguri 735 101, West BengalJamkhandi: No. 101, Kudachi Road, Opposite Tennis Court, Jamkhandi, 587 301, District: Bagalkote, Karnataka Jammu: Ground Floor, Highland Tower, Rail Head Complex, Jammu 180 004,J & K State Jamnagar: Matru Ashish, Opposite St. Anne’S School, Pandit Nehru Marg, Jamnagar 361 008, Gujarat Jamshedpur: Voltas House, Near Ram Mandir, Bistupur, Jamshedpur 831001 Jangareddigudem: Door No.9-36, Sathi Pandu Complex, Eluru Road, Jangareddigudem 534 447, West Godavari District, Andhra Pradesh Jhansi: City Plaza Building, Natraj CinemaComplex, Civil Lines, Jhansi 284 001, Uttar Pradesh Jharsuguda: Opp. Hotel Aryan, By Pass Road, PO and Dist. Jharsuguda 768 201, Orissa Jodhpur: Showroom No.4, Panchratan Apartments,818, Chopasni Road, Jodhpur 342 001 Jorhat: A.T. Road, Chowkbazar, Jorhat 785 001, Assam Junagadh: Shop No. 1,2,3 (Ground Floor And First Floor), Raiji Nagar Shopping Centre, N.K.Mehta Road, Moti Baug, Junagadh 362 001, Gujarat Kaithal: Khasra no. 500/1/1, Near Khurania Palace, Opp. R.K.S.D College, Ambala Road, Kaithal-136027, Haryana Kakinada: 1St Floor,G R R Buildings, 13-1-15, Subhash Road, Suryaraopeta, Kakinada 533 001, Andhra Pradesh Kalna: Saptagram Kalna Katwa Road, Near new Bus Terminus, Ambika Kalna 713 409, Dist.Burdwan, West Bengal Kalol: Kalol Taluka Kelavani Mandal, Vakharia P J High School, Kalol, District Gandhinagar, Gujarat - 382721 Kalyani: B-9/276 (CA), PO & PS Kalyani, Dist. Nadia,PIN 741 235, West Bengal Kannur (Cannanore): Peekay Commercial Complex, Nr. Pothery Nursing Home, Muneeswarankoil Road, Kannur 670 001, Kerala Kanpur: 18/179, The Mall,, OppPhool Bagh, Kanpur 208 001, Dist-Kanpur, Uttar Pradesh Kapurthala: 1St Floor, Nanha Complex, Mall Road, Kapurthala, Punjab 144 601 Karimnagar: Business Towers, Mukarrumpura,Karimnagar 505 002, Andhra Pradesh Karnal: 3/250, 1-Shakti Colony, Mall Road, Karnal 132 001, Haryana Karur: No. 5, Dindigul Road, Karur 639 001, Tamil Nadu Karwar: Shaan Complex,453, Green Street, Karwar 581 301, Karnataka Kashipur: 407, City Centre, Station Road, Kashipur 244 713, Uttaranchal Katni: Ground Floor, Nagpur Golden Building, Opposite OldCollectorate, Katni 483 501, Madhya Pradesh Katwa: Mira Plaza, Najrul Sarani, Circus Maidan, Katwa 713 130, Dist. Burdwan, West Bengal Khammam: 11-4-16 & 17, Sri Harsha Complex,Vyra Road, Khammam 507 002, Andhra Pradesh Khanna: Khasra No. 3145 & 3146, H.No.267,268,269/20, Near Kalgidhar Gurudwara, G.T. Road, Khanna 141 401 District Ludhiana (Punjab)Kharagpur: 180/1, Malancha Road, Kharagpur 721 304, Paschim Medinipur District, West Bengal Koch Bihar: Sunity Road, Opp. UBI, P.O.& Dist. Koch Bihar 736 101, West Bengal. Kohima:UT Complex, Opp. UBC Church, Kohima 797 001, Nagaland Kolhapur: Ground Floor, Hotel 'Panchshil' Building, 517, Shivaji Park, Station Road, Kolhapur 416 001, Maharashtra Kolkata:Ground & First Floors, 7, Shakespeare Sarani, Kolkata 700 071 Kollam (Quilon): Vaidya Commercial Arcade, Asramam Road, Chinnakada, Kollam 691 008, Kerala Korba: Hindustan Hosiery,Power House Road, Korba 495 677, Chattisgarh Kota: 414, Shopping Centre, Kota 324 007, Rajasthan Kottayam: No.Ix - 311, A/ 2, Century Towers, Near YWCA, M.C.Road, Kottayam 686001 Krishnanagar (Wb): 12, M.M. Ghosh Street, Opposite Town Hall, Near Main Post Office, P.O. Krishnanagar, District Nadia, Pin 741 101, West Bengal Kurnool: 40/581, S.V. Complex,R.S. Road, Kurnool 518 004, Andhra Pradesh Kurukshetra: House No.577/8, Opp.State Bank of Patiala, Railway Road, Kurukshetra 136 118, Haryana Lucknow: Halwasiya House, 11, M. G.Road, Hazratganj, Lucknow - 226 001 Ludhiana: Shop No.3, Lgf, Surya Towers, 108, The Mall, Ludhiana (Punjab) 141 001 Machilipatnam: No.25/305, Kennady Road, Besides Durga Mahal,Jagannadhapuram, Machilipatnam 521 001, District Krishna, Andhra Pradesh Madhapar: Navo Vas, Near Panchayat Office, Madhapar 370 020, Kachchh District, Gujarat Madurai: DoorNo. 4, Goods Shed Street, Madurai 625 001, Tamil Nadu Malappuram: Malappuram – Peekay’S Arcade, Down Hill, Malappuram, Kerala 676 519 Malda: Malda Muslim Institute, 1 K JSanyal Road, P.O. and Dist. Malda 732 101, West Bengal Malerkotla: Khasra No. 1949, Opp. Bus Stand, Satta Bazar Road, Malerkotla 148 023, District Sangrur, Punjab Malout: KhasraNo.1792, Khatouni No.960, Khewat No.689, G T, Road, Malout 152107 Muktasar District, Punjab Mangalore: Essel Towers, Bunts Hostel Circle, Mangalore 575 003 Mansa: Quila No. 1088,Kewat No. 1507, Water Works Road, Mansa 151 505, Punjab Mapusa: Edean Center, Near Aldona Bus Stand, Angod Mapusa 403507 Margao: Shop No. 1, 2,3, Garden View, Padre MirandaRoad, Margao, Salcete, Goa 403 601 Mathura: OJAL MALL, Opposite Hotel Mukund Palace, Junction Road, Mathura 281 001, Uttar Pradesh Meerut: Hotel Crystal Plaza, G -2/47, CivilLines Boundary Road, Meerut 250 001, Meerut District, Uttra Pradesh Mehsana: Shop No. 1 To 5 (Ground Floor), Sakar Centre Point, Near Nagalpur College, Highway Road, Mehsana 384002, Gujarat Midnapur: 37/3, Station Road, Midnapur 721 101, District Paschim Midnapur, West Bengal Miryalguda: Opp. APSRTC Bus Stand, Sagar Road, Miryalguda 508 207, NalgondaDistrict, Andhra Pradesh Mirzapur: No. 480, Ward No. 8, Badali Katara (Beltar), Mirzapur 231 001, Uttar Pradesh Mohali: SCF 113 & SCF 114, Phase-VII, Sector 61, S A S Nagar, Mohali 160062, Punjab Moradabad: No.8/10/6, Sarai Khalsa, Civil Lines, Near Head Post Office, Moradabad 244 001, Uttar Pradesh Mumbai: Universal Insurance Bldg., Ground Floor, Sir. P. M. Road,Fort, Mumbai 400 001 Mussoorie: Garhwal Mandal Vihas Nigam Ltd (Gmvn), Hotel Garhwal Terrace, The Mall Road, Mussoorie 248 179, Uttaranchal Muzaffarpur: RD Complex, Club Road,Kalyani, Muzaffarpur 842 001, Bihar Mysore: Haripriya Complex, Temple Road, V V Mohalla, Mysore 570 002 Nabha: Shop No. 12, Ground Floor And First Floor, Dr. Ambedkar Market,Near Nabha Improvement Trust, Nabha 147 201, Dist. Patiala, Punjab State Nadiad: Sheth Mahagujarat Hospital, College Road, Nadiad 387001 Nagercoil: Thayammal Harris Towers, No.42, Court Road, Nagercoil 629 001, Kanyakumari District Nagpur: 1St Floor, Sanskrutik Sankul, Jhansi Rani Square, Sitabuldi, Nagpur - 440 012 Narasaraopet: D. No. 9-9-9 & 9-9-10, BankStreet, Arundelpet, Narasaraopet 522 601, Andhra Pradesh Nasik: Malpani Pride, Behind Raymond Retail Shop, New Pandit Colony, Sharanpur Road, Nashik 422 005, Maharashtra Navsari:Building ‘A’, Prem Anand Co-op Housing Society Ltd., Near Lunsikui Ground, Navsari Gandevi Road, Navsari 396 445, Gujarat Neemuch: Vijay Talkies Compound, Neemuch 458 441,Madhya Pradesh Nellore: Door No.22/1223/A-1, G T Road, Near Rtc Depot, Nellore 524 003, Andhra Pradesh New Delhi: "Statesman House" 148, Barakhamba Road, New Delhi 110 001Nizamabad: 5-6570/3C, C/o. Sham Agencies, Hyderabad Road, Nizamabad 503 003, Andhra Pradesh Noida: B2-B3, Sector 16, Noida, U.P. - 201 301 Ongole: Door No.37-1-406/10, TrunkRoad, (Opp. LIC of India), Bhagya Nagar, Ongole 523 001, Andhra Pradesh Ooty: Lingadevi Complex, 421, Ettines Road, Ooty (Ootacamund) 643 001, Tamil Nadu Paidiparru: Rs No. 12/5,V. Somasundararao Mansion, Opposite Hero Honda Showroom, Tadepalligudem Road, Paidiparru 534 211 Palakkad: City Centre, English Church Road, Palakkad 678 014, Kerala Palanpur:Movie World Building, College Road, Palanpur 385 002, Banas Kantha District, Gujarat Palwal: Gupta Nursing Home & Maternity Centre, New Colony Road, Near Agra Chowk, Palwal 121102, Haryana Panchkula: SCO 10, Sector 10, Panchkula 134 109, Haryana Pandri: Khasra No. 151/1 (Khata No 230), Sitarganj Road, Pandri 262 405, District Udham Singh Nagar,Uttarakhand Panipat: 515-515B, Ward No. 8, Gaylord Hotel Building, G.T. Road, Panipat 132 103, Haryana Panjim: Atmaram Commercial Complex, Dr. Atmaram, Borkar Road, Opp. HotelNova Goa, Panjim- 403 001 Panvel: Rajje Complex, Plot No 198 A, Shiivaji Chowk, Panvel 410206 Patan: Shridev Complex, Opposite Gpo, Station Road, Patan 384 265, GujaratPathanamthitta: Kunnithottathil Plaza, General Hospital Road, Pathanamthitta 689 645, Kerala Patiala: 4464/5, Rajwara Road, Opposite Head Post Office, The Mall Road, Patiala 147 001,Patiala District, Punjab Patna: Saket Towers, S.P. Verma Road, Patna 800 001, Bihar Patti: Khasra No. 116/26/2/50, Ward No. 16, Patti 143 416, District Amritsar, Punjab Phagwara: MunicipalNo. Xxxi/73, G. T. Road, Phagwara, Punjab 144 401 Phullanwala: Khasra No. 8/26, Khata No. 166/180, Village Phullanwala, Pakhowal Road, Phullanwala 141 002, Tehsil And DistrictLudhiana, Punjab Pimpalgaon: “Sudesh Chambers”, Opp. S.T. Bus Depot, Mumbai-Agra Road, Pimpalgaon (Baswant), District Nashik 422 209, Maharashtra Pollachi: 39, Kovai Road, Pollachi642 001, Tamil Nadu Pondicherry: No.164, Bussy Street, Pondicherry 605 001 Poolapalle: 1-103, Palakole-Bhimavaram Road, Near Palakole, Poolapalle 534 261 West Godavari District,Andhra Pradesh Porbandar: Building Of P H Wadia & Sons, Ground Floor, M.G. Road, Opposite State Bank Of India, Porbandar 360 575, Gujarat Port Blair: 5, Middle Point, Port Blair 744101, Andaman & Nicobar Islands Pune: Sterling Plaza, Plot No.1262/B, Jangli Maharaj Road, Near Deccan Gymkhana, Pune 411004 Puri: Trimurti Heights, Badasankha, Grand Road, Puri752 002, Orissa Puruliya: Ranchi Road, Near Puruliya Club, Puruliya-723101, West Bengal Raichur: MPL No. 1-10-151 & 152/1, Kubera Palace, Station Road, Raichur 584 101, KarnatakaRaigarh: Near Bajaj Showroom, Jagatpur, Raigarh 496 001, Chattisgarh Raipur: Opp. New Bus Stand, Jeevan Bima Marg, Pandri, Raipur (C.G.) 492 004, Chattisgarh Rajahmundry: D. No. 7-27-8, Vygram Road, T. Nagar, Rajahmundry 533 101, Andhra Pradesh Rajkot: Aradhana, Nr. Bank Of Baroda, Kalawad Road, Rajkot 360 001 Rajpura: 1-2, Caliber Market, Rajpura 140 401,District Patiala, Punjab Ramgarh: Narayani Complex, Main Road, Ramgarh Cantt., Dist. Hazaribagh, Jharkhand 829 122 Ranchi: No. 4, 5 A, 5B, Ward No. 15, Ground Floor, Below BataShowroom, Main Road, Albert Ekka Chowk, Ranchi 834001, Jharkhand Ratlam: Anklesaria Complex, Ground Floor, Opposite DRM Office, Do Batti, Ratlam 457 001, Madhya PradeshRatnagiri: Ground Floor, Hotel Vihar Deluxe, Mal-Naka, M.D. Naik Road, Ratnagiri 415 612, Maharashtra Rawatbhata: Rajasthan Atomic Power Station Complex, Anukiran Colony, P.O.Bhabhanagar, Rawatbhata 323 307, District Kota, Rajasthan Rayagada: Plot No. 1568, New Colony, Rayagada Nagar Mouza, Rayagada 765 001, Orissa Rewa: Block B, Shilpi Plaza, PiliKothi Road, Rewa 486 001 Madhya Pradesh Rewari: Plot No. 6530/Y/1 & E, Bawal Chowk, Circular Road, Rewari 123 401, Haryana Rishikesh: Bharat Bazaar, 16, Adarsh Gram, DehradunRoad, Rishikesh 249 201 Rohtak: Shop No. 1, Munjal Complex, Delhi Road, Rohtak 124 001, Haryana Roorkee: 343/29, Civil Lines, Roorkee 247 667, Uttaranchal Rourkela: Ground Floor,Mangal Kunj, Kachery Road, Rourkela 769 012, Orissa Rudrapur: Plot No. 20, Awas Vikas Colony, Nainital Road, Uddam Singh Nagar District, Rudrapur 263 153, Uttaranchal Sadaura:Khasra Nos.40/18/5, 40/18/4 & 40/18/3, Ward No.7, Opposite DAV Public School, Sadaura 133 240, District Yamuna Nagar, Haryana Saharanpur: A-5, Model Town, Mission Compound,Court Road, Saharanpur 247 001, Uttar Pradesh Salem: Door No. 115-1A, Sharptronics Shopping Complex, Opposite Tvs, Omalur Main Road, Salem 636 009, Tamil Nadu Samana: KhasraNo. 135/28/3/2, Main Road, Samana District, Patiala 147 101, Punjab Sambalpur: Rr Mall, Ashok Talkies Road, V.S.S. Marg, Sambalpur 768 001, Orissa Sangli: City Survey No. 32/A, AmbraiRoad, Azad Chowk, Sangli 416 416, Maharashtra Sangrur: SCF No. 17 & 18 (Ground Floor & Basement), SCF No. 19 (Ground Floor), Kaula Park Market, Sangrur-148001, Punjab Satara:Abanjani, S No. 257, Plot No.2, Bhosale Mala, G D Tapase Marg, Satara 415 009, Maharashtra Satna: Upper Ground Floor, Tiwari Towers, Rewa Road, Satna 485 001, Satna District, MadhyaPradesh Satyamangalam: Old No.252, New No. 66, Mysore Trunk Road, (Adjacent to Gobaldu Theatre), Sathyamangalam 638 401, Tamil Nadu Shillong: O.B. Shopping Mallm, Police BazarJunction, Jail Road, Shillong 793 001, Meghalaya Shimla: Gf/Ff, Durga Cottage, Commercial Complex, Kasumpti, Shimla 171 009 Shimoga: G.R. Prabhu Arcade, JPN Road, 1st Cross, Shimoga577 201, Karnataka Silchar: “Chowchakra Complex” Shyama Prasad Road, Shillong Patty, Silchar 788 001, Assam Siliguri: Spectrum House, Sevoke Road, Siliguri 734 401, West BengalSivakasi: # 64, N R K R, Rajarathnam Street, Sivakasi 626 123,Tamil Nadu Solapur: Ground Floor, Kanale Kalyan Mandap, Dufferin Chowk, Railway Lines, Solapur 413 001, MaharashtraSudhar: Khasra No.48/18, Raikot Road, Opp. G.H.G., Khalsa College, Sudhar 141 104, District Ludhiana, Punjab Surat: Digvijay Towers, Opp. St. Xavier'S School, Ghod Dod Road, Surat395 001 Surendranagar: Ajmera Chambers, S. T. Road, Surendranagar 363 002, Gujarat Tamluk: Plot No.68, Bhimar Bazar, Main Road, Purba Midnapore, Tamluk - 721636, West BengalTarn Taran: MC No. 5/253 & 254, Near Partap Talkies, Amritsar Road, Tarn Taran 143 401, Punjab Tenali: Annabathuni Satyanarayana Degree College, Prakasam Road, Tenali 522 201,Guntur District, Andhra Pradesh Thane: Dhiraj Baug, LBS Marg, Near Hariniwas Circle, Thane (W), Thane - 400602 Thanjavur: C/O. Life Insurance Corporation Of India, Thanjavur MainBranch,Jeevan Chola Building, Trichy Road, Thanjavur 613 007, Tamil Nadu Theni: No.229/134, Madurai Road, Theni 625 531, Tamil Nadu Thiruvananthapuram (Trivandrum): 2/2421,Condor Plaza, M.G. Road, Pattom, Thiruvananthapuram 695 004, Kerala Thodupuzha: Survey No. 195/5, Door No. X/72, A & B, Rubber Marketing Society Building, Opposite Mini CivilStation, Thodupuzha 685 584, Idukki District, Kerala Threeke: Building Opposite Godawri Motors, Near Indian Overseas Bank, Threeke Village, Ferozpur Road Threeke 142 021, DistrictLudhiana, Punjab Thrissur (Trichur): City Centre, Xxv/1130, Round West, Thrissur 680 001 Tinsukia: Shree Shyam Kunj, Chirwapatty Road, Tinsukia 786 125, Assam Tirunelveli: 12, East CarStreet, Tirunelveli 627 006, Tamil Nadu Tirupur: 3, Court Street, Tirupur 641 601, Coimbatore District, Tamil Nadu Tiruvalla: 1St Floor, Mar Thoma Building, M.C. Road, Tiruvalla 689 101,Kerala Trichy (Tiruchirapalli): No.75 E/1, Salai Road, Near Thillai Nagar Arch, Thillai Nagar, Tiruchirapalli 620 018, Tamil Nadu Tumkur: Ground Floor, Siddhaganga Office Complex, B.H.Road, Tumkur 572 104, Karnataka Tuticorin: "V.V.D. Mahaal", 181, Palayamkottai Road, Tuticorin 628003, Tamil Nadu Udaipur: 151-152, Ground Floor, Parihar Bhawan, Chetak Marg,Udaipur, Rajasthan 313 001 Udupi: Simaz Commercil Complex, Near Diana Circle, Udupi 576101, Karnataka Ujjain: Ground Floor, Hotel Ashray, 77, Dewas Road, Ujjain 456 010, MadhyaPradesh Vadodara: Vardhaman Complex, Opp GB Circle, Near Pizza Hut, Race Course Circle (South), Vadodara 390 015 Vallabh Vidyanagar (Anand): Mota Bazar, Dsit : Anand, Gujarat,Vallabh Vidyanagar 388 120 Valsad: Shop Nos. 1, 2 & 4, Halar Road, Valsad - 396 001, Gujarat Vapi: Hotel Fortune Galaxy Complex, Commercial Plot No. C7/67, P.N.H. No. 8, Near KoparliRoad, G.I.D.C. Vapi 396 195, District Valsad, Gujarat Varanasi: C-19/134, M-B, Ground & First Floor, Shastri Nagar, Sigra, Varanasi 221 002, Uttar Pradesh Vasco: Heritage, Ground Floor,Swatantra Path, Opposite Sapna Terraces, Vasco-Da-Gama 403 802, Marmagoa, Goa Vashi: Vardhaman Chambers co op society, Plot no.84, Sector 17, Vashi, Navi Mumbai 400705Vijaywada: Ground Floor, D No. 59A 1-7, Matha Towers, Ring Road, Near Benz Circle, Vijayawada 520008 Villupuram: Ravindran Arcade, Trichy Road, Opposite to New Bus Stand,Villupurum 605 602, Tamil Nadu Vishakhapatnam: No.47-10-24/25, Dwaraka Nagar, Visakhapatnam 530 016, No.47-10-24/25, Dwaraka Nagar, Visakhapatnam 530 016, Andhra PradeshVisnagar: Ground Floor, Shri Kadva Patidar Kelavani Uttejak Mandal, Nootan Sarva Vidyalaya Campus, Visnagar 384 315, District Mehsana, Gujarat Warangal: 8-9-33-33/1 & 8-9-32-32/1,Chowrastra, Station Road, Warangal 506 002, Andhra Pradesh Yavatmal: Ground Floor,Nagar Parishad Commercial Complex, Azad Maidan Road, Yavatmal 445 001, Maharashtra

Investor Service CentresAhmedabad: 402-406, 4th Floor - Devpath Building, Off C G Road, Behind Lal Bungalow, Ellis Bridge,Ahmedabad - 380006. Ph- (079) 2642 4940, 2646 4929 Bangalore: Trade Centre, 1st Floor, 45, DikensenRoad (Next to Manipal Centre), Bangalore - 560 042. Ph : 080 - 3094 1357, 3094 2468 Bhubaneswar:101/7, Janpath, Unit - III, Bhubaneswar - 751 001. Ph : (0674) 253 4909, 253 5395 Coimbatore: 66,Lokamanya Street (West) , Ground Floor, R.S.Puram, Coimbatore - 641 002. Ph: (0422) 5369 575, 5369576 Cochin: 40/9633 D, Veekshanam Road, Near International hotel, Cochin - 682 035 Chandigarh: SCO154-155, 1st Floor, Sector 17-C, Chandigarh - 160017. Ph: (0172) 2706 651, 2711 325 Chennai: GroundFloor, A & B. Lakshmi Bhawan, 609, Anna Salai, Chennai 600 006. Ph: (044) 2829 5163, 2829 1549 NewDelhi: 304-305 III Floor, Kanchenjunga Building, 18, Barakhamba Road, New Delhi - 110 001. Ph: (011)2335 3831, 2335 3832, 2335 3833 Goa: No.108, 1st Floor, Gurudutta Bldg, Above Weekender, M GRoad, Panaji Goa - 403 001. Ph: (0832) 5645787, 2424527 Secunderabad: 102, First Floor, Jade Arcade,Paradise Circle, Secunderabad - 500 003. Ph: 040 - 5532 1531, 5532 1532 Indore: Dalal Chambers,101.Sagarmatha Apartments, 1st Floor, 18/7 MG Road, Indore - 452 003 Ph: (0731) 252 8609, 252 9261Jaipur: G-III, Park Saroj, Behind Ashok Nagar Police Station, R-7, Yudhisthir Marg, C-Scheme, Jaipur - 302001. Ph 0141 - 222 0948, 222 0951 Kanpur: G - 27, 28 - Ground Floor, City Center, 63/ 2, The Mall,Kanpur - 208 001. Ph: (0512) 230 6668, 230 6685 Kolkata: "LORDS Building", 7/1, Lord Sinha Road,Ground Floor, Kolkata - 700 071. Ph: (033) 3058 2297, 3058 2285, 3058 2303 Lucknow: No.3, FirstFloor, Saran Chambers 1, 5, Park Road, Lucknow - 226 001. Ph: (0522) - 2237309 Ludhiana: Shop no.20-21 (Ground Floor), Prince Market, near Traffic Lights, Sarabha Nagar Pulli, Pakhowal Road, P.O: ModelTown, Ludhiana - 141 002 Ph: (0161) 501 7502, 241 0279 Mangalore: 6. First Floor, West Gate Terminus,Falnir Road, Opp. Unity Health Complex, Highlands, Mangalore - 575 002. Ph: (0824) 243 6567, 5252525 Mumbai: Rajabahdur Compound, Ground Floor, Opp Allahabad Bank, Behind ICICI Bank, 30,Mumbai Samachar Marg, Fort, Mumbai - 400 023. Ph: 22702414, 22702415, 22702416, 22622903,22622904 Nagpur: 145 Lendra Park,Behind Shabari, New Ramdaspeth, Nagpur - 440 010. Ph: (0712)253 2447, 253 7321 Patna: Kamlalaye Shobha Plaza (1st Floor), Behind RBI Near Ashiana Tower,Exhibition Road, Patna - 800 001. Ph: (0612) 2322 206 Pune: Nirmiti Eminence, Off No. 6, I Floor, OppAbhishek Hotel Mehandale Garage Road, Erandawane, Pune - 411 004. Ph: 020 - 2545 9439/2545 9440Surat: Niva Apartments, Above Sagrampura-Rudarpura Co-op Bank, Bhatia Street, Nanpura, Surat -395001. Ph: (0261) 246 4887, 246 4679, 246 2531 Vadodara: 109 - Silver Line, Besides world TradeCentre, Sayajigunj, Vadodara - 390 005. Ph: (0265) 222 5146, 236 2412 Visakhapatnam: 47/9/17, 1stFloor, 3rd Lane , Dwaraka Nagar, Visakhapatnam - 530 016. Ph: (0891) - 2598 875, 2540 175Transaction PointsAgra: F-39/203, Sky Tower, Sanjay Place, Agra - 282002. Ph: (0562) 252 1812 Allahabad: 1st Floor,Chandra Shekhar Azad Complex, (Near Indira Bhawan), 5, S.P. Marg, Civil Lines, Allahabad - 211001. Ph:(0532) 260 1602 Amaravati: 81, Gulsham Tower, Near Panchsheel, Amaravati - 444 601. Ph: (0721)3099512 Amritsar: 378-Majithia Complex, 1st Floor, M. M. Malviya Road, Amritsar - 143001. Ph: (0183)221 1194 Asansol: G.T Road, Beside George Telegraph Office, Asansol - 713301. Ph: (0341) 220 4865Aurangabad: Office No. 1, 1st Floor, Amodi Complex, Juna Bazar, Aurangabad - 431 001. Ph: (0240)2363 664 Belgaum: No. 21, Ground Floor, Arvind Complex, 1552, Maruti Galli, Belgaum - 590 002. Ph:(0831) 2425 305 Bhilai: 209 , Khichariya Complex, Opp IDBI Bank, Nehru Nagar Square, Bhilai - 490020. Ph: (0788) 505 0568 Bhopal: C-12, 1st Floor, Above Life Line Hospital, Zone-I, M.P.Nagar, Bhopal- 462011 (M.P.). Ph: (0755) 528 5266 Calicut: 17/28, H 1st Floor, Manama Towers, Marvoor Road, Calicut- 673 001. Ph: (0495) 272 3173 Dhanbad: Urmila Towers, Room No: 111(1st Floor), Bank More, Dhanbad- 826 001. Ph: (0326) 230 4675 Dehradun: 81, Chakrata Road, Dehradun - 248 001. Ph: (0135) 271 3233Durgapur: SN- 10, Ambedkar Sarani, City Centre, Durgapur - 713216. Ph: (0343) 254 8190 Guntur:Shyamsunder Golden Towers, Ground Floor, 3rd Lane, Brodipet, Adjacent to Over-bridge, Guntur - 522002. Ph: (0863) 5580 838 Guwahati: A.K. Azad Road, Rehabari, Guwahati -781008. Ph: (0361) 260 7771Hubli: No.208, ' A ' Block, 1st Floor, Kundagol Complex, Opp. Court, Club Road, Hubli - 580029. Ph:(0836) 225 1213 Jalandhar: 367/8, Central Town, Opp. Gurudwara Diwan Asthan, Jalandhar - 144001.Ph: (0181) 2456336 Jamnagar: 207/209, K.P. Shah House I, K.V. Road, Jamnagar - 361 001. Ph: (0288)255 8467, 3111909 Jamshedpur: Millennium Tower, S-4 Ground Floor, R- Road, Bistupur, Jamshedpur -831001 Jodhpur: 1/5, Nirmal Tower, Ist Chopasani Road, Jodhpur - 342 003. Ph: (0291) 309 2892, 2628039 Kota: B-33 'Kalyan Bhawan', Triangle Part, Vallabh Nagar, Kota - 324 007. Ph: (0744) 2505 452Madurai: 86/71A, Tamilsangam Road, Madurai - 625 001. Ph: (0452) 2622 682 Manipal: AcademyAnnex, First Floor, Opposite Corporation Bank, Upendra Nagar, Manipal - 576104. Ph: (0820) 257 3333,529 2033 Merrut: 108 Ist Floor Shivam Plaza, Opposite Eves Cinema, Hapur Road, Merrut - 250 002. Ph:(0121) 2400 700 Moradabad: B-612 'Sudhakar', Lajpat Nagar, Moradabad - 244 001. Ph: (0591) 3092844Mysore: No.3, 1st Floor, CH.26 7th Main, 5th Cross (Above Trishakthi Medicals), Saraswati Puram,Mysore - 570 009. Ph: (0821) 309 1244, 234 2182 Nasik: "Varsha Bungalow", 1st Floor, Near RungthaHigh School, 493, Ashok Stambh, Nasik - 422001. Ph: (0253) 257 7449 Nellore: Shop No.13, First Floor,KAC Plaza, R R Street, Nellore - 524 001. Ph: (0861) 5512 582 Panipat: 13, First Floor, Gaushala MandiMarket, G T Road, Panipat - 132 103. Ph : (0180) 264 1904 Patiala: 35, New lal Bagh Colony, Patiala -147001. Ph: (0175) 222 9633, 309 3724 Pondicherry: S-8, 100, Jawaharlal Nehru Street, (New Complex,Opp. Indian Coffee House), Pondicherry - 605 001. Ph: 0413 - 521 0030 / 309 2468 Raipur: C-23, Sector1, Devendra Nagar, Raipur - 492004. Ph:(0771) 309 0830 Rajahmundry: D.no 7-27-4, Krishna Complex,Baruvari Street, T Nagar, Rajahmundry - 533101. Ph: (0883) 5565531 Rajkot: 111, Pooja Complex,Harihar Chowk, Near GPO, Rajkot - 360001. Ph: (0281) 2241 399 Ranchi: 223,Tirath Mansion (NearOver Bridge),1st Floor, Main Road, Ranchi - 834 001. Ph: (0651) 309 5122 Rourkela: 1st Floor, MangalBhawan, Phase II, Power House Road, Rourkela - 769001. Ph : (0661) 2513098 Salem: 28, I Floor,Advytha Ashram Road, Salem - 636 004. Ph: (0427) 244 6338 Siliguri: No 8, Swamiji Sarani, GroundFloor, Hakimpara, Siliguri - 734401. Ph: (0353) 221 6065 Trichur: VIII/350/15, O K John MemorialBuilding, Ekkanda Warrier Road, Trichur - 686 001. Ph: (0487) 2420646 Trichy: No. 8, I Floor, 8th CrossWest Extn., Thillainagar, Trichy - 620 018. Ph: (0431) 274 1717 Trivandrum: Tc 15/2012, SheelathaBuilding, Womens' College Lane, Vazuthacadu, Trivandrum - 695 014. Ph: (0471) 3950 414 Udaipur:32,Ahinsapuri, Fatehpura Circle, Udaipur - 313004. Ph: (0294) 3091722 Varanasi: C 27/249 - 22A,Vivekanand Nagar Colony, Maldhaiya, Varanasi - 221002. Ph: (0542) 220 8546, 311 3810 Vijayawada:40-1-48/2, Bandar Road, Adj. To HDFC Bank, Vijayawada - 520010. Ph: (0866) 559 5657 Valsad: C/o.CAD HOUSE, Siddhivinayak Complex, F-1, First Floor, Avenue Building, Near R.J.J. School, Tithal Road,Valsad - 396001. Ph: (02632) 249 957

Highlights

• A Mutual Fund sponsored by Sundaram Finance Limited and BNP ParibasAsset Management

• SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED FUND –Series I - 5 Years is a capital protection oriented scheme. It is a close-endedhybrid debt Scheme with tenure of five years. The maturity period isreckoned from the date of allotment of units and may be subject to variationif the maturity date is not a Working Day or if there is any market disruptionthat could affect valuation on the maturity date.

• Rating: The Scheme’s portfolio structure has been rated as AAA (so) byCRISIL for its capital protection orientation. This rating indicates highestdegree of certainty regarding payment of face value of the investment to unitholders. The rating is not an opinion on the stability of the NAV, which willvary based on market developments.

* The objective of this Scheme would be to seek income and minimise risk ofcapital loss by investing in a portfolio of fixed-income securities. Thescheme may invest a part of the assets in equity to seek capital appreciation.

• However, there can be no assurance that the investment objective of theScheme will be achieved. The Scheme does not guarantee/indicate anyreturns. Further there is no guarantee of capital or return for this Schemeeither from the mutual fund or from the sponsors.

• All initial issue expenses will be amortised on a daily basis over the lifetimeof the Scheme in accordance with the regulations of SEBI in relation toclose-ended Schemes.

• The Scheme offers Growth Option only.

• The Scheme is a close-end capital protection oriented scheme. In line withSEBI (Mutual Funds) Regulations 1996, the Asset Management Companyshall not repurchase the units of the Scheme before the end of the maturityperiod and shall also not be listed on any stock exchange.

• Minimum subscription to the Scheme is Rs.5,000/- and in multiples of Re.1/- thereafter.

• Suitability: This Scheme is appropriate for investors who have the financialstrength to invest available liquid assets and that too for a five years.

General Risk Factors

• Mutual Funds and securities investments are subject to market risks andthere is no assurance or guarantee that the objectives of the Scheme will beachieved. The main types of risks to which the Asset Management Companyis exposed could also be market risk, credit or counterparty default risk, riskof Capital loss, liquidity risk etc.

• As with any investment in securities, the Net Asset Value (NAV) of the Unitsissued under this Scheme can go up or down depending on the factors andforces affecting the capital markets.

• The NAVs of the units issued may be affected inter alia by changes in thegeneral market conditions, factors and forces affecting capital market inparticular, level of interest rates, various market-related factors and tradingvolumes, settlement periods and transfer procedures; the NAV is alsoexposed to price/interest rate risk and credit risk and may be affected bygovernment policy, volatility and liquidity in the money markets andpressure on the exchange rate of the rupee.

• Investors are not being offered any guaranteed or indicated returns by theScheme. There is also no guarantee of capital or return either by the mutualfund or by the sponsors.

• Past performance of the Mutual Fund/Asset Management Company and./orSponsor does not indicate the future performance of this Scheme.

• SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED FUNDSERIES I – 5 Years is the merely the name of the Scheme and does not in anymanner indicate either the quality of the Scheme or its future prospects andreturns.

• The fund may use derivative instruments such as Interest Rate Swaps,Forward Rate Agreements or other derivative instruments as permitted under

the SEBI Regulations governing mutual funds and Guidelines. The use ofderivatives will expose the Scheme risks inherent to such derivatives.

• Trading volumes in the securities in which it invests inherently restricts theliquidity of the Scheme’s investments. Hence this Scheme is onlyappropriate for investors who have the financial strength to only investavailable liquid assets and that too for a five years.

• Change in Government policy in general and changes in tax benefitsapplicable to mutual funds may impact the returns to investors.

• The Sponsors are not responsible or liable for any loss resulting from theoperation of all the Schemes beyond a sum of Rs. 1 lakh contributed bythem towards setting up of the Mutual Fund.

• Minimum Number of Investors in Scheme:

As per SEBI circular SEBI/IMD/Cir No. 10/22701/03 dated 12th December2003 read with circular SEBI/IMD/Cir No. 1/42529/05 dated 14th June 2005it is specified inter alia that each portfolio under a scheme should have aminimum of 20 investors, and no single investor should account for morethan 25% of the corpus of such portfolio. In case of close-ended schemes,the Scheme must have a minimum of 20 investors and no single investorshould hold more than 25% of the corpus of the Scheme (at portfolio level)at the time of allotment. If the Scheme fails to get minimum of 20 investorsin the New Fund Offer, the investors’ application money would be refunded.Also the Mutual Fund will be constrained to reject the application by a

single investor to the extent of allotment. Hence such investor could beallotted limited units to such extent.

Main Scheme - Specific Risk Factors

The Scheme offered is “oriented towards protection of capital” and “not withguaranteed returns”. Further, the orientation towards protection of the capitaloriginates from the portfolio structure of the Scheme and not from any bankguarantee, insurance cover etc.

The ability of the portfolio to meet capital protection on maturity to the investorscan be impacted by interest rate movements in the market, credit defaults bybonds, expenses and reinvestment risk.

The rating provided by CRISIL Ltd. is not a comment on Net Asset Value of theScheme in relation to its face value, if units are repurchased anytime prior to theScheme’s maturity date.

CRISIL reserves the right to suspend, withdraw or revise the above ratings at anytime, on the basis of any new information or unavailability of information or anyother circumstances which CRISIL believes may have impact on the aboveratings.

1. Credit Risk: Credit Risk refers to the risk of interest (coupon) payment and/or principal repayment. All debt instruments carry this risk. Governmentsecurities carry sovereign credit risk the assets of the Scheme will be partlyor entirely invested in corporate debt. The assets of the Scheme will bepartly or entirely invested in fixed income securities issued by a corporateentity, bank, financial institution and/or a public sector undertaking ownedby the Government of India or by a government inn any state. The credit riskassociated with the aforementioned issuers of debt is higher than that ofgovernment securities.

2. Price Risk: As long as the Scheme will be invested, its Net Asset Value (NAV)is exposed to market fluctuations, and its value can go up as well as down.

3. Residual Price Risk: The maturity date of individual securities within theportfolio may be lower or higher than that of the scheme, leading to thepossibility of a residual price risk.

4. Different types of securities in which the Scheme would invest as given inthe Offer Document carry different levels and types of risk. Accordingly theScheme's risk may increase or decrease depending upon its investmentpattern. e.g. corporate debt carry credit risk unlike Government securities.Further even among corporate debt, AAA rated debt is less comparativelyless risky (in credit risk terms) than those rated lower (say AA or A).

5. Fixed Income securities of any issuer that has higher duration could be morerisky in terms of price movements relative to those with lower duration.

1

Thus any impact of interest rate changes would be higher on securities withhigher duration irrespective of the status of the issuer of the security.

6. Risks associated with derivatives: The Scheme may use techniques such asinterest rate swaps, options on interest rates, warrants, forward rateagreement and other derivative instruments that are / may be permittedunder SEBI/RBI Regulations. These techniques and instruments, ifimperfectly used, have the risk of the Scheme incurring losses due tomismatches, particularly in a volatile market. The Fund's ability to use thesetechniques may be limited by market conditions, regulatory limits and taxconsiderations (if any).

Special Considerations

Prospective investors should review / study this offer document carefully and inits entirety and shall not construe the contents hereof or regard the summariescontained herein as advice relating to legal, taxation, or financial/ investmentmatters and are advised to consult their own professional advisor(s) as to thelegal or any other requirements or restrictions relating to the subscription,gifting, acquisition, holding, disposal (sale, transfer, switch or redemption orconversion into money) of units and to the treatment of income (if any),capitalization, capital gains, any distribution, and other tax consequencesrelevant to their subscription, acquisition, holding, capitalization, disposal (sale,transfer, switch or redemption or conversion into money) of units within theirjurisdiction / of nationality, residence, domicile etc. or under the laws of anyjurisdiction to which they or any managed Funds to be used to purchase/giftunits are subject, and (also) to determine possible legal, tax, financial or otherconsequences of subscribing / gifting to, purchasing or holding units beforemaking an application for units.

Neither this offer document nor the units have been registered in anyjurisdiction. The distribution of this offer document in certain jurisdictions maybe restricted or subject to registration requirements and, accordingly, personswho come into possession of this offer document in certain jurisdictions arerequired to inform themselves about, and to observe, any such restrictions. Noperson receiving a copy of this offer document or any accompanyingapplication form in such jurisdiction may treat this offer document or suchapplication form as constituting an invitation to them to subscribe for units, norshould they in any event use any such application form, unless in the relevantjurisdiction such an invitation could lawfully be made to them and suchapplication form could lawfully be used without compliance with anyregistration or other legal requirements.

Neither the delivery of this offer document nor any sale made hereunder shall,under any circumstances, create any implication that the information containedherein is correct as of any time subsequent to the close of the New FundOffering Period.

Prevention of Money Laundering

Anti-Money Laundering and Know Your Customer

The Prevention of Money Laundering Act, 2002 (PMLA), has been brought intoforce with effect from July 1, 2005. The primary object of the Act is to preventmoney laundering and to provide for confiscation of property derived from orinvolved in money laundering. The Act inter alia casts certain obligations onbanking companies, financial institutions and intermediaries to furnishinformation to the Financial Intelligence Unit (FIU), maintain records relating tocustomer identifications and transactions in the form and manner prescribedunder the rules framed by the Central Government.

SEBI vide circular no. ISD/CIR/RR/AML/1/06 dated 18th January 2006 hasmandated all intermediaries to formulate and implement a policy framework onAnti-money laundering and also to adapt a Know Your Customer (KYC).Accordingly Sundaram BNP Paribas Mutual Fund (MF) being an intermediaryregistered with SEBI has prescribed a detailed policy in line with therequirements for customer identification, monitoring and reporting of moneylaundering and suspicious transactions.

Sundaram BNP Paribas Mutual Fund is committed to being an exemplaryenterprise in the area of ethics and compliance. The mutual fund placesconsiderable importance on the fight against money laundering and corruptionand the financing of terrorisms.

Sundaram BNP Paribas Mutual Fund recognizes the value and importance ofcreating a business environment that strongly discourages money launderersfrom using the mutual fund. To that end, certain policies have been adopted bythe AMC.

As a part of the policy the investor(s) are requested to ensure that the amountinvested in the MF schemes is through legitimate means and does not involveand not for the purpose of contravening any applicable law in force. ForCustomer identification MF under its KYC policy reserves the right to seekinformation, records or obtain and retain documentation for proof of identity ofinvestor(s), proof of residence of investor(s), source of funds etc.

The investor(s) are required to produce the mandatory documents such asphotographs, certified copies of ration card, passport, driving licence, PAN cardetc and produce such other information as may be required from time to timefor verification of identity, address and financial information of the investor(s). Ifthe investor refuses to furnish the required information/documents the AMCshall reject the application forthwith.

AMC/MF believes that if any transaction is suspicious within the parameters laiddown by the Act/Rules, it has absolute discretion and authority to report anysuspicious transactions to the FIU or to freeze the account of any investor(s),reject any application and effect mandatory redemption of accounts withapplicable exit load, if any.

The Directors, employees and agents of Sundaram BNP Paribas Mutual Fund,Sundaram BNP Paribas Asset Management and Sundaram BNP Paribas TrusteeCompany Limited shall not be responsible or liable for any manner for anyclaims arising whatsoever on account of freezing the folios/ rejection of anyapplication, allotment of units or mandatory redemption of units due to non-compliance of provisions of PMLA, SEBI Circular and KYC norms or where AMCreports any transaction to FIU believing it to be a suspicious transaction.

Note: At present, in the case of investments of Rs 50,000 and above, theapplicant or incase of applications in joint names, each applicant, is required tomention their PAN (Permanent Account Number) allotted under the Income TaxAct, 1961 or where the same has not been allotted to the applicant or the jointapplicant(s) as the case may be, declaration in form 60/61 is required to besubmitted by all applicant who does not have PAN. The applications of Rs.50,000 or more without the PAN or Form 60/61 would liable to be rejected.In terms of SEBI circular dated 27/04/2007, PAN shall be the sole identificationnumber for all participants transcting in the securities market, irrespective of theamount of transaction (w.e.f.02/07/2007). Accordingly, in the case ofinvestments of any value, the applicant or incase of applications in joint names,each applicant, is required to mention their PAN (Permanent Account Number)allotted under the Income Tax Act, 1961, and attach a copy of PAN card withthe application.

SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED FUND

SERIES I – 5 Years

Certificate of Due Diligence

It is confirmed that:

1. This Offer Document forwarded to SEBI is in accordance with the SEBI(Mutual Funds) Regulations, 1996 and the guidelines and directives issuedby SEBI from time to time.

2. All legal requirements connected with the launching of the Scheme and alsothe guidelines, instructions, etc. issued by the Government of India and anyother competent authority in this behalf, have been duly complied with.

3. The disclosures made in this Offer Document are true, fair and adequate toenable the investors to make a well-informed decision regarding investmentin the Scheme.

4. The intermediaries named in the offer document are registered with SEBIand till date such registration is valid.

Place: Chennai T P Raman

Date: 05/07/2007 Managing Director

2

3

Part TABLE OF CONTENTS PAGE NO. Part TABLE OF CONTENTS PAGE NO.

Highlights 1Risk Factors 1Scheme-Specific Risk Factors 1Special Considerations 2Certificate of Due Diligence 2Definitions 4

PART I SCHEME SUMMARY 4CONSTITUTION OF THE MUTUAL FUND 5

Sundaram BNP Paribas Mutual Fund 5Sponsors 5Sundaram Finance Ltd 5BNP Paribas Asset Management 5Trustee Company 5Directors of the Trustee Company 5Functions and Responsibilities of the Board of Trustees 6Trusteeship Fees 7

THE ASSET MANAGEMENT COMPANY 7Investment Management Agreement 7Board of Directors 7Functions and Responsibilities of the AMC 8Asset Management Fee 8Key Personnel Information 8Fund Manager of the Scheme 9Compliance Officer 9Manager- Customer Service 9

AUDITORS TO THE SCHEME 9LEGAL COUNSEL 9REGISTRAR 9CUSTODIAN 9

PART II FUNDAMENTAL ATTRIBUTES OF THE SCHEME 9Type of the Scheme 9Investment objective 9Asset Allocation 9Changes in the Investment Pattern 9Terms of the Issue 9Changes in the Fundamental Attributes 9

A NOTE ON THE DEBT AND MONEY MARKET IN INDIA 10INSTRUMENTS IN WHICH INVESTMENTS CAN BE MADE 10INVESTMENT STRATEGY, PROCEDURE, RISK AND RISK CONTROL 11

Investment Strategy – Debt Portfolio 11Investment Procedure – Debt Instruments 11Miscellaneous 11Risk Control 11

INVESTMENT IN DERIVATIVE INSTRUMENTS 11Exposure 11Risk Factors 12Valuation 12

BENCHMARK INDICES 12INVESTMENT LIMITATIONS OF THE SCHEME 12VALUATION OF ASSETS AND NAV 13

Traded Securities 13Thinly traded 13Non Traded Securities 13Securities with put / call option 14Government Securities 14Fixed Income Money Market Instruments 14Repo 14Convertible debentures and bonds 15Warrants 15Derivative products 15

CALCULATION OF NET ASSET VALUE (NAV) 15NAV INFORMATION 15ACCOUNTING POLICIES AND STANDARDS 15GUIDELINES FOR IDENTIFICATION AND PROVISIONING OFNON –PERFORMING ASSETS 16UNCLAIMED REDEMPTION/DIVIDEND AMOUNT 16

PART III UNITS AND OFFER 16Offer of Units & Minimum Subscription (Target) amount 16New Fund Offer period and Minimum Investment 16Who Can Invest 16How to Apply 17Mode of Payment 17Refunds 17Allotment 17Liquidity 17Redemption on maturity 17Mode of payment of redemption proceeds 18Listing 18Transfer 18Transmission of Units 18Switching 18Suspension of sale/ repurchase of units 18Nomination Facility 19Options offered under the Scheme 19

PART IV LOAD STRUCTURE 19EXPENSES 19

Initial Issue Expenses 19Annual Recurring Expenses 19Initial Issue Expenses of the latest Scheme launched 20

CONDENSED FINANCIAL INFORMATION OF THE SCHEMESLAUNCHED DURING LAST THREE FISCAL YEARS 20

PART V INVESTORS RIGHTS AND SERVICES 25Investor Services 25Information about the Scheme 25Account Statements 25NAV Information 25Disclosure of Information under the Regulations 25Rights of Unit holders of the Scheme 25Procedure and manner of obtaining investors approvalin specified circumstances. 25Maturity period of the scheme 25Procedure and Manner of Winding-up 26

TAX BENEFITS OF INVESTING IN A MUTUAL FUND 26To the Unit holder 26To the Mutual Fund 27

PART VI OTHER MATTERS 27Investment in Group companies 27Investor Grievances Redressal Mechanism 27Associate Transaction 27Investments made in companies which have invested more than5 of the net asset value of the Schemes of Sundaram Mutual Fund 28Borrowing by the Mutual Fund 29Inter Scheme Investments 30Investment by the AMC 30Dividends and Distributions 30General 30Penalties and Pending Litigations 30Documents available for Inspection 30

DEFINITIONS

In this offer document, the following words and expressions shall have the meaning specified herein, unless the context otherwise requires:Asset Management Company or AMC Sundaram BNP Paribas Asset Management Company Limited, a Company incorporated under the Companies Act, 1956 and registered with SEBI toor Investment Manager act as the Investment Manager for the Schemes of Sundaram BNP Paribas Mutual Fund.Custodian Standard Chartered Bank, acting as Custodian to the Scheme, or any other Custodian who is approved by the Trustees.Mutual Fund Sundaram BNP Paribas Mutual Fund, a trust set-up under the provisions of the Indian Trusts Act, 1882 and registered with SEBI vide Registration

No.MF/034/97/2.NAV The Net Asset Value per unit of this Scheme will be calculated in the manner provided in this offer document, or as may be prescribed by SEBI

regulations from time to time.Offer document This document issued by Sundaram BNP Paribas Mutual Fund offering units of SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED

FUND SERIES I – 5 Years for subscription.Scheme SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED FUND SERIES I – 5 Years, a three-year close-ended hybrid debt Scheme with

capital protection orientation.SEBI Securities and Exchange Board of India established under the Securities and Exchange Board of India Act, 1992.SEBI Regulations/ Regulation Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 as amended from time to time.Trust Deed The Trust Deed dated August 24, 1996 establishing the Mutual Fund, as amended from time to timeTrustee Sundaram BNP Paribas Trustee Company Limited, a Company incorporated under the Companies Act, 1956 and appointed as a Trustee of

Sundaram BNP Paribas Mutual Fund vide the Trust Deed dated March 31st 2006Unit holder A participant in the Scheme.Working Day A day other than: (1) Saturday and Sunday (2) a day on which the National Stock Exchange or Bombay Stock Exchange is closed and (3) a day on

which there is no RBI clearing / settlement of securities / cash.

PART I

1. SCHEME SUMMARY

Name of the Scheme SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED FUND SERIES I – 5 YearsStructure A close-ended hybrid debt Scheme with a tenure of five years with a capital protection orientation feature. The portfolio structure has been rated as

AAA (so) by CRISIL for capital protection orientation. The maturity period is reckoned from the date of allotment of units and may be subject tovariation if the maturity date is not a working day or if there is market disruption that affects valuation on maturity date.

Offer Price During the New Fund Offer period, the units will be offered at Rs.10/- each.Scheme Objective The objective of this Scheme would be to seek income and minimise risk of capital loss by investing in a portfolio of fixed-income securities. The

scheme may invest a part of the assets in equity to seek capital appreciation. There can be no assurance that the investment objective of theScheme will be achieved. The scheme does not guarantee/ indicate any returns. There is no guarantee of capital or return for this scheme from themutual fund or the sponsors.

Application Amount Minimum application of Rs. 5,000/- and in multiples of Re 1/- thereafter.Minimum and Maximum The minimum target amount is Rs.1 Crore. There is no maximum limit.Amount of CorpusInitial Issue Expenses As per SEBI Regulations, initial issue expenses chargeable to the Scheme are subject to a maximum of 6% of the amount collected during the New

Fund Offer period. All initial expenses of SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTED FUND SERIES I – 5 Years will beamortised on a daily basis over the lifetime of the Scheme.

Liquidity In line with the SEBI regulations for capital protection oriented products, the units of the Scheme will not be listed on any stock exchange. TheTrustees reserve the sole right to list the units at one or more stock exchange at a later date. There will be no repurchase facility till the end of thematurity period of five years. At maturity, the units will be redeemed at NAV-based prices.

Subscription Subscription to the Scheme will only be allowed during the New Fund Offer Period at a price of Rs 10 per unit. As this is a close-ended Scheme, nosubscription will be allowed on an ongoing basis.

Redemption The Scheme will be redeemed at the end of five years at NAV-based prices.Switch-in Switch-in:

Switch in to the units of the Scheme will be permitted only during the New Fund Offer Period. The Scheme being close-ended will not be open forongoing subscription/switch in.Switch outs will not be permitted during the tenure of the Scheme and will be allowed on maturity date only.

NAV NAV will be determined on Wednesday every week, except in special circumstances as mentioned under the section titled as “NAV information”.The AMC will update the NAV on its website (http://www.sundarambnpparibas.in) and upload them on to the AMFI website (www.amfiindia.com)before 9.00 p.m. on Wednesday. In case of any delay, the reasons for such delay would be explained to AMFI and SEBI by the next day. If the NAVsare not available before commencement of working hours on the following day due to any reason, the Fund shall issue a press release providingreasons and explaining when the Fund would be able to publish the NAVs.

Transparency Further transparency will be maintained through half-yearly disclosure of established portfolio through newsletters.Load Entry Load

There will be no entry load during the New Fund Offer period. On an ongoing basis, the units of the Scheme will not be available for investmentfrom the mutual fund.Exit Load: Not Applicable - As there is no exit optiom for the scheme Redemption at maturity will be made at NAV-based prices.SEBI Circular IMD/CIR No.1/64057/06 dated April 4,2006 requires that the close-ended Schemes shall not charge any entry load. As SUNDARAMBNP PARIBAS CAPITAL PROTECTION ORIENTED FUND SERIES I – 5 years is a close-ended Scheme, no entry load shall be levied

4

(2) CONSTITUTION OF THE MUTUAL FUND

Sponsor

The Sponsors of the Sundaram BNP Paribas Mutual Fund are SundaramFinance Limited (SF) and BNP Paribas Asset Management (BNP PAM)Sundaram BNP Paribas Asset Management Company Limited is a JointVenture of Sundaram Finance Limited and BNP Paribas Asset Management

Sundaram Finance Ltd

SF is India’s leading non-banking finance company having a track record formore than 52 years with an asset base over Rs. 7015 Crores. The group’sservices range from automobile finance to home loans to mutual funds toinsurance. Sundaram Finance has a nation wide network of over 165branches, employee strength of over 2000 people and stands as one of themost trusted financial services provider in the country. Sundaram FinanceGroup remains true to its core values of prudence, fairness, transparency andservice excellence. It has a deposit base exceeding Rs. 658 Crores coveringover 2,70,000 accounts and an uninterrupted dividend record ofaccomplishment since inception. The public deposit schemes of SF enjoy theprestigious ‘FAAA’ (F triple A) rating from Credit Rating Information Servicesof India Ltd (CRISIL) and the prestigious MAAA (M triple A) rating from ICRALtd signifying the highest degree of safety of depositors’ funds. SF’scommercial paper has been rated P1+ by CRISIL. Sundaram BNP ParibasAsset Management Company Ltd is a subsidiary of Sundaram Finance Ltd. SFis holding 50.10% in the paid up share capital of the company and thebalance 49.90% is held by BNP PAM.

Other subsidiaries of SF are:

1. Sundaram Home Finance Limited, set up in 1999, provides retail homefinance.

2. Sundaram Finance Distribution Limited (formerly Sundaram InsuranceBroking Limited) distributes and markets financial, savings, loan,investments and insurance products.

3. LGF Services (Private) Limited: The company engaged in the services ofdistributing Non-Life Insurance products.

4. Sundaram BNP Paribas Trustee Company Limited (Formerly SundaramFinance Trustee Company Ltd) was incorporated on December 2, 2003.The trustee Company has assumed the trusteeship functions fully from theBoard of trustees of Sundaram Mutual Fund with effect from March 31st,2006. After the introduction of BNP Paribas Asset Management as Co-Sponsor of the Mutual Fund the company has become a joint venturecompany.

5. Sundaram InfoTech solutions Limited is engaged in the business of ITServices, Customised Software Solutions, Software products to cater theneeds of financial services Industry, data center and IndustrialManagement, network management, data warehousing and relatedservices.

6. Sundaram Business Services is engaged in Business Process Outsourcing,back office support in areas of automobile financing, insurance andaccounting services.

7. Infreight Logistics Solutions Limited is engaged in offering logisticscontracting and consulting services and provides technology offeringsuch as Transport Management System.

The Sponsors have irrevocably settled a sum of Rs 1 Lakh as corpus of theTrust, which shall be held and managed by the Trust in accordance with theTrust Deed dated March 31st 2006.

Financial performance of Sundaram Finance Ltd for the last 3 financialyears – (Rs. In Crore )

Description Year ended Year ended Year ended31/03/2007 31/03/2006 31/03/05

Turnover/Total Income 671.89 595.85 459.08Profit after tax 100.47 170.59 75.99Equity Capital (FV Rs. 10/- each) 27.78 27.78 27.78Free Reserves 850.10 783.05 655.22Net worth 877.88 810.83 683.00Earnings Per share (Rs.) 36.17 61.42 27.36Book Value per share (Rs.) 316.01 291.87 283.01Percentage of Dividend Paid 105% 135% 75%(Source: Published/Audited financial results of Sundaram Finance Limited).

BNP PARIBAS ASSET MANAGEMENT

BNP Paribas Asset Management is a wholly controlled subsidiary of BNP

Paribas and is a major player in fund management and distribution, with Euro274 Billion in assets under management and advisory as on December 31,2005, and more than 1400 staff and a presence in 20 countries.Group Companies of BNP PAM Ltd are:• BNP PAM GmbH (Germany) is an entity, which markets financial

products. It is not regulated and was established in May 1986• BNP PAM SGR (Italy) is an asset management company. It is regulated by

the CONSOB and the Bank of Italy. It was established in December 1998.• Antin Participation 19 (France) is a company buying equity interests in

financial companies; it is not regulated and was established in June 2004• Shenyin Wanguo BNP PAM (China) is an asset management company. It

is regulated by the commission de Surveillance. It was established in May1989.

Associate companies of BNP PAM:

• Fauchier Partners Management Limited (Guernsey) is an assetmanagement company. It is regulated by the Guernsey Financial Servicescommission. It was established in September 2001.

• BNP Paribas Asset Management Asia Limited (Hong Kong) is an assetmanagement company. It is regulated by the Securities and FuturesCommission. It was established in June 1997.

• BNP PAM Monaco (Monaco) is an asset management company. It isregulated by the Commission de Surveillance. It was established May1989.

Financial performance of BNP Paribas Asset Management for threefinancial years – (In Million Euros)

Description Year Ended Year Ended Year Ended31/12/06 31/12/05 31/12/04

Turnover / Total income 831.46 669.35 605.75Profit After Tax 147.26 145.19 102.96Equity Capital (- each)* 62.85 62.85 62.85Free Reserves 375.83 379.79 337.51Net – Worth 438.68 442.64 400.36Earnings per Share (Euro) 37.49 36.97 26.21Book Value per Share (Euro) 111.68 112.69 101.93Percentage of Dividend Paid ** 100% 100% 100%* Face Value of the stock at Euro 16** Dividends paid as a percentage of Profit After Tax

Sundaram BNP Paribas Mutual Fund

Sundaram Mutual Fund has been constituted as a Trust under the Indian TrustsAct, 1882. The Mutual Fund has been registered with SEBI vide RegistrationNo. MF/034/97/2 dated January 3, 1997. After the introduction of BNPParibas Asset Management as the co-sponsor of the Mutual Fund, the TruestDeed has been amended. The amended Trust Deed dated March 31st, 2006has been duly registered with the Sub-registrar, Chennai, under Serial No. 193of 2006

Sundaram BNP Paribas Trustee Company

The Sponsors, Sundaram Finance Limited and BNP Paribas AssetManagement has appointed Sundaram BNP Paribas Trustee Company Ltd asthe Trustee vide an amended Trust Deed dated 31st March 2006.The Board of Directors of the Trustee CompanyName, Address Principal OccupationK.V. Ramanathan, Former Executive DirectorIAS (Retired) Asian Development BankChairman Manila, Philippines(Independent Director) ChairmanRohini, # 9 Second Seaward Road, Bangalore Land and Homes LtdValmiki Nagar, Thiruvanmiyur,Chennai – 600 041.

S. Viji ChairmanNew No.71, Old No.33, Sundaram Finance LimitedPoes Garden, Sundaram Home Finance LimitedChennai – 600 086 Managing Director

Brakes India LimitedDirectorSundaram Industries LimitedTV Sundram Iyengar & Sons LimitedWheels India LimitedRoyal Sundaram Alliance InsuranceCompany LimitedThe Dunes Oman LLC (FZC)

5

Managing TrusteeBharath International Trust, ChennaiTrusteeSundaram Educational TrustSundaram Medical FoundationVice ChairmanWorth Trust, Katpadi

R. Rajamani Former Secretary(Independent Director) Environment & Forests8-2-585/A/1, Road No.9 Government of IndiaBanjara Hills DirectorHyderabad - 500 034 ICICI Knowledge Park

Canara Bank Factors Ltd.

K.V. Krishnamurthy Director(Independent Director) Assets Reconstruction Company of174, Kalpataru Residency, Tower A India Ltd.107 Road no.8, Sion (East) Rap Media Limited, MumbaiMumbai 400 022 Centrum Finance Limited

Centrum Direct LimitedEssel Propack LimitedJSW Steel LtdRathnakar Bank LimitedBorosil Glass worksPackaging India Pvt. Ltd.Partner (Part Time)KCA & Co., Chartered Accountants

Mouzay François No other directorships held currently79, Bis, Rue des Vallées,91800, Brunoy.

Al Noor Premji No other directorships held currently(Alternate Director to Mouzay François)63A Ulundri Drive, Castle Hill,NSW 2154, Australia.

FUNCTIONS AND RESPONSIBILITIES OF TRUSTEES

The Trustees are vested with the general power of superintendence, directionand management of the affairs of the Trust. The Trustees have appointedSundaram BNP Paribas Asset Management Company Limited as the AMC forSundaram BNP Paribas Mutual Fund and have to ensure that the AMC fulfilsthe functions assigned to it, from time to time, subject to the Trust Deed, SEBIRegulations and laws in force.The Trustees report every half-year to SEBI and annually to the investors onthe functioning of the Fund. As per the Trust Deed and SEBI Regulations, theTrustees inter alia, have the following functions and responsibilities:• A trustee in carrying out his responsibilities as a member of the Board of

Trustees or of Trustee Company shall maintain arms’ length relationshipwith other companies, or institutions or financial intermediaries or anybody corporate with which he may be associated.

• No trustee shall participate in the meetings of the Board of Trustees ortrustee company when decisions for investments in which he may beinterested are taken.

• All the trustees shall furnish to the Board of Trustees or trustee company,particulars of interest which he may have in any other company, orinstitution or financial intermediary or any corporate by virtue of hisposition as director, partner or with which he may be associated in anyother capacity.

• Each trustee shall file the details of his transactions of dealing in securitieswith the Mutual Fund on a quarterly basis.

• The Trustees shall have the right to obtain from the Asset ManagementCompany such information as is considered necessary.

• The Trustees shall ensure that the transactions entered into by the AssetManagement Company are in accordance with the SEBI Regulations andthe Scheme. The Trustees shall ensure that the Asset ManagementCompany has been managing the schemes independently of otheractivities and have taken adequate steps to ensure that the interest of theinvestors of one scheme are not being compromised with those of anyother scheme or of other activities of the Asset Management Company.

• The Trustees shall ensure that all the activities of the Asset ManagementCompany are in accordance with the provisions of the SEBI Regulations.

• Where the Trustees have reason to believe that the conduct of business of

the Mutual Fund is not in accordance with SEBI Regulations and theScheme, they shall forthwith take such remedial steps as are necessary bythem and shall immediately inform SEBI of the violation and the actiontaken by them.

• The Trustees shall be accountable for and be the custodian of the fundsand property of the Scheme and shall hold the same in trust for the benefitof the unit holders in accordance with SEBI Regulations and theprovisions of the Trust Deed.

• The Trustees shall be responsible for the calculation of any income due tobe paid to the mutual fund and also of any income received in the mutualfund for the holders of the units of the Scheme in accordance with theSEBI Regulations and the provisions of the Trust Deed.

• The Trustees shall periodically review all service contracts such ascustody arrangements, transfer agency of the securities and satisfythemselves that such contracts are executed in the interest of the unitholders.

• The Trustees shall periodically review the investor complaints receivedand the Redressal of the same by the Asset Management Company.

• The Trustees shall ensure that the mutual fund buys and sells, securitieson the basis of deliveries and in all cases of purchases, take delivery of therelative securities and in all cases of sale, deliver the securities and in nocase put itself in a position whereby it has to make short sale or carryforward transaction or engage in badla finance.

• The Trustees are required to obtain the consent of the unit holders of aSchemeA) Whenever required to do so by SEBI in the interest of the unit holders;

orB) Upon the request made by three-fourths of the unit holders of this

Scheme; orC) If the majority of the Trustees decide to wind up the Scheme(s) or

prematurely, redeem the Units.• The trustees shall ensure that no change in the fundamental attributes of

the Scheme(s) or the Trust or fees and expenses payable or any otherchange which would modify the Scheme(s) or affect the interest of theunit holders, shall be carried out unless,1) a written communication about the proposed change is sent to each

unit holder and an advertisement is given in one English dailynewspaper having nationwide circulation as well as in a newspaperpublished in the language of the region where the Head Office of themutual fund is situated; and

2) the unit holders are given an option to exit at the prevailing NAVwithout any exit load.

• The Trustees are required to call for the details of transactions in securitiesby the key personnel of the AMC in his own name or on behalf of theAMC and shall report the same to SEBI, as and when required.

• The Trustees are required to review on a quarterly basis all transactionscarried out between the Fund, AMC and its associates.

• The Trustees are required to review quarterly the net worth of the AMCand in case of any shortfall ensure that the AMC make up for the shortfallas per clause (f) of sub regulation (1) of regulation 21 of the SEBIRegulations.

• The Trustees are required to ensure that there is no conflict of interestbetween the manner of deployment of its net worth by the AMC and theinterest of the unit holders.

• The Trustees are required to abide by the Code of Conduct as specified inthe Fifth Schedule of the SEBI Regulations.

• The meetings of the Trustees shall be held at least once in every twomonths and at least six meetings shall be held in every year.

• The Trustees shall maintain high standards of integrity and fairness in alltheir dealings and in the conduct of their business.

• The Trustees shall render at all times high standards of service, exercisedue diligence, ensure proper care and exercise independent professionaljudgement.

• The Trustees have to furnish to SEBI on a half-yearly basis: -a) A report on the activities of the Fund;b) A certificate stating that the Trustees have satisfied themselves that

there have been no instances of self-dealing or front running by anyof the trustees, directors and key personnel of the AMC;

c) A certificate to the effect that the AMC has been managing theschemes independently of any other activities and in case anyactivities of the nature referred to in Regulation 24, sub regulation (2)

6

of the SEBI Regulations, have been undertaken by the AMC and hastaken adequate steps to ensure that the interests of the unit holders areprotected.

• The independent trustees are required to give their comments on thereport received from the AMC regarding the investments by the MutualFund in the securities of the group companies of the Sponsor.

• No amendment to the Trust Deed shall be carried out without the priorapproval of SEBI and the unit holders, where it affects the interest of unitholders.

The Circular dated SEBI/IMD/CIR No.9/74364 dated August 14, 2006 issuedby the SEBI requires the Trustees to monitor the structure of the portfolio andreport to SEBI. As per the requirement, the Trustees shall continuously monitorthe structure of the portfolio of the Capital Protection Oriented Fund and shallreport the same to SEBI in the halfyearly Trustee Report.In terms of SEBI (Mutual Funds) (Amendment) Regulation 1999, the Trusteesshall exercise due diligence as under:

A. General Due Diligence:

1) The Trustees shall be discerning in the appointment of the directors on theBoard of the asset management company.

2) The Trustees shall review the desirability of continuance of the assetmanagement company if substantial irregularities are observed in any ofthe schemes and shall not allow the asset management to float newscheme.

3) The Trustees shall ensure that the trust property is properly protected, heldand administered by proper persons and by a proper number of suchpersons.

4) The Trustees shall ensure that all service providers are holding appropriateregistrations from SEBI or concerned regulatory authority.

5) The Trustees shall arrange for test checks of service contracts.6) The Trustees shall immediately report to SEBI of any special developments

in the mutual fund.

B. Specific Due Diligence:

The Trustees shall:1) Obtain internal audit reports at regular intervals from independent

auditors appointed by the Trustees;2) Obtain compliance certificates at regular intervals from the AMC;3) Hold meetings of the Trustees more frequently;4) Consider the reports of the independent auditor and compliance reports

of the asset management company at the meetings of Trustees forappropriate action;

5) Maintain records of the decisions of the Trustees at their meetings and ofthe minutes of the meetings;

6) Prescribe and adhere to a code of ethics by the Trustees, the AssetManagement Company and its personnel;

7) Communicate in writing to the Asset Management Company of thedeficiencies and checking on the rectification of deficiencies.

Not Withstanding anything contained in sub regulations (1) to (25) ofRegulation 25, the Trustees shall not be liable for acts done in good faith ifthey have exercised adequate due diligence honestly.The independent trustees shall pay specific attention to the following, as maybe applicable, namely: -1) The Investment Management Agreement and the compensation paid

under the agreement;2) Service contracts with affiliates – whether the Asset Management

Company has charged higher fees than outside contractors for the sameservices;

3) Selection of the Asset Management Company’s independent directors;4) Securities transactions involving affiliates to the extent such transactions

are permitted;5) Selecting and appointing individuals to fill independent directors

vacancies;6) Code of ethics must be designed to prevent fraudulent, deceptive or

manipulative practices by insiders in connection with personal securitiestransactions;

7) The reasonableness of fees paid to sponsors, Asset Management Companyand any other services provided for;

8) Principal underwriting contracts and their renewals;9) Any service contract with the associates of the Asset Management

Company.An audit committee of the Trustees has been constituted which reviews theinternal audit systems and the recommendations of the internal and statutoryaudit reports.For the ongoing Financial Year (2006-07), 4 meeting of the Board of Trustees

and 5 Meetings of the Audit Committee have been held.The Supervisory role of the Board of Trustees is discharged by havingcontinuous feedback from the AMC on the matters of importance and reviewof the Mutual Funds operations

Trusteeship Fees

Pursuant to the Trust Deed dated March 31st 2006, (which is amended timeto time) presently the Trustee Company is entitled to a fee of 0.01% of thedaily average net assets of all the schemes of the Mutual Fund.

3. THE ASSET MANAGEMENT COMPANY

Sundaram BNP Paribas Asset Management Company Limited, the AMC ofSundaram BNP Paribas Mutual Fund, is a public limited company,incorporated under the Companies Act, 1956. The paid-up capital of the AMCis Rs.15.33 Crores.It is a Joint venture of Sundaram Finance Limited and BNP Paribas AssetManagement. Sundaram Finance is holding 50.10% in the paid up sharecapital of the company and the balance 49.90% is held by BNP PAM.SEBI has permitted AMC to commence PMS activity and providingmanagement and advisory services to offshore funds, pension funds,provident funds, venture capitals funds, and management of insurance funds,financial consultancy and exchange of research on commercial basis underregulation 24(2).The AMC commenced the Investment Advisory Services with effect fromDecember 22, 2005. Portfolio Management Services is yet to be commenced.

i. Investment Management Agreement

Sundaram Asset Management Company Limited has been appointed as theInvestment Manager vide Investment Management Agreement (IMA) datedAugust 24, 1996, executed between the Trustees and the AMC. Consequentto the change in the name of the AMC and Trustee Company, the agreementstands modified with the name of the Sundaram BNP Paribas AssetManagement Company Ltd, as Investment Manager and Sundaram BNPParibas Trustee Company, as the Trustees.

ii. Board of Directors of Asset Management Company

D N Ghosh ChairmanChairman ICRA LimitedFormer Chairman ICRA Management Consulting Services Ltd.State Bank of India L & L Services (P) LtdBC-148 Sector I SJK Steel Plant LtdSalt Lake DirectorCalcutta 700 064 Housing Development Finance Corporation Ltd.

Managing TrusteeSameeksha Trust (Economic and Political Weekly)

S Krishnamurthy No other directorships held currently(Independent Director)Former Managing DirectorGeneral Insurance Corporation of India9 Nandanam ExtensionChennai – 600 035.

T.N. Anantharama Iyer No other directorships held currently(Independent Director)Former Managing DirectorDiscount and Finance House of India Ltd8 Rajmayur, 19th RoadKhar (West) Mumbai – 400 052

T.T. Srinivasaraghavan ChairmanNo 5 Kasturi Estates, Infreight India Technologies India (P) Ltd.Third Street, Gopalapuram, Managing DirectorChennai 600 086 Sundaram Finance Ltd.

DirectorSundaram Business Services LimitedSundaram Infotech Solutions LimitedSundaram Home Finance Ltd.Royal Sundaram Alliance Insurance Co. Ltd.Council MemberFederation of Automobile Dealers AssociationMember-General CommitteeMadras Chamber of Commerce & IndustryPast PresidentInternational Finance & Leasing Association

7

T.P. Raman, DirectorManaging Director Association of Mutual Funds In IndiaFlat No. C#3, "Ashreya",No. 11, Raman Street,T Nagar, Chennai 600 017

Ashoke Bijapurkar Managing Director(Independent Director) Future Step Advisory Services Private Limited8CD, 8th Floor, Mona Apartments, Director46F, Bhulabhai Desai Road, Dhara Vegetable Oil and Foods Company Private LimitedMumbai – 400026. Mother Dairy Fruit and Vegetable Private Limited

T Anantha Narayanan Director(Independent Director) Indusind Bank LimitedSri Niketan, 1, Raja Street, Ashok Leyland Properties LimitedMandaveli, Chennai – 600 028. Ashok Leyland Projects Services Limited

Ashley Holdings LimitedAshley Investments LimitedAllsec Technologies Limited

De Froment, Guy Director33, Marryat Road, London BNP Paribas Asset ManagementSW19 5BE, UK Shinhan BNP Paribas ITMC

BNP PAM SGR (Italy)BNP Paribas Asset Management UK LtdBNP Paribas Asset Management Japan LtdBNP Paribas Asset Management Ltd (Nassau)FPML (Guernesey)BMCI Gestion (Morocco)BNP PAM Uruguay (Uruguay)BNP Paribas Asset Management Argentina SA (Argentina)BNP Paribas Argentina Asset Management SA (Argentina)BNP Paribas Asset Management Brasil Ltd (Brasil)Parvest (Luxembourg)BNP Paribas Japaquant (French SICAV)BNP Paribas Quantamerica (French SICAV)

Max Diulius Shinhan BNP Paribas ITMC1 Rue Lallier, 75009 Paris, France SYWG BNP Paribas Asset Management (People Republic of China)

BMCI Gestion (Morocco)BNP PAM (Uruguay)BNP Paribas Asset Management Argentina SA (Argentina)BNP Paribas Asset Management Brasil LimitedTEB Asset Management (Turkey)

iii. Functions and Responsibilities of the AMC

Important duties of the AMC as per the Investment Management Agreementare:• AMC will assume the day-to-day management of the Mutual Fund and in

that capacity, subject to the supervision of the Trustees, shall beresponsible for and have powers of implementing schemes and makinginvestment decisions and managing the assets of the schemes of theMutual Fund in accordance with the scheme objectives, Trust Deed andSEBI Regulations in the best interest of the unit holders.

• Implement a specific scheme in all respects including the allotment andthe issue of unit certificates/account statements to the investors who aresuccessful in getting the units allotted to them as per the terms of theScheme and collect the subscriptions to and sale proceeds of units.

• Disclose the basis of calculating the repurchase price and Net Asset Value(NAV) of units of the schemes of the Mutual Fund as stated in the offerdocuments and to disclose the NAV to the unit holders at such intervalsas may be specified by the Board of Trustees or SEBI or as may bementioned in the offer document.

• Take all steps to protect the investments made out of the schemes andachieve the objectives of each scheme, as a diligent and prudent personwould do.

• Maintain or cause to be maintained a register containing the names andother required particulars of unit holders in print or magnetic/electronicmedia.

• Distribute the profits of the schemes earned in accordance with theprovisions of the schemes and in conformity with SEBI Regulations.

• Within six months from the date of closing of each financial year, forwardto SEBI, a copy of the Annual Report containing the audited annualstatements of accounts viz., the Balance Sheet and the Profit and Lossaccount of the Mutual Fund and other information including details of

investments and deposits held by the Mutual Fund so that the entirescheme-wise portfolio of the Mutual Fund is disclosed.

• No offer document of a scheme, key information or memorandum isissued or publicised without the Trustees’ prior approval in writing.

• Ensure at all times that the assets and funds of the Mutual Fund aresegregated from those of the AMC and assets of any other funds for whichthe AMC is responsible.

• The AMC shall file with the Trustees details of transactions in securities byits key personnel, transactions with any of its associates, details ofinterests of directors and other reports required to be filed under SEBIRegulations.

• The AMC shall ensure that the dealings in securities through its associatesare in accordance with SEBI Regulations and guidelines issued from timeto time.

• The AMC shall maintain high standards of integrity and fairness in all itsdealings and in the conduct of its business.

• The AMC shall render at all times high standards of service, exercise duediligence, ensure proper care and exercise independent professionaljudgement.

• The AMC shall not make any exaggerated statement, whether oral orwritten, either about its qualifications or about capability to renderinvestment management services or its achievements.

• As per SEBI Regulations, no change in controlling interest of the AMCshall be made unless,

• Prior approval of the trustees and SEBI is obtained;• A written communication about the proposed change is sent to each unit

holder and an advertisement is given in one English daily newspaperhaving nationwide circulation and in a newspaper published in thelanguage of the region where the Head Office of the mutual fund issituated; and

• The unit holders are given an option to exit at the prevailing Net AssetValue without any exit load.

• The AMC should report about the structure of the portfolio of the CapitalProtection Oriented Fund in the bi-monthly compliance report.

iv. Asset Management Fee

Sundaram BNP Paribas Asset Management Company Ltd is entitled to aninvestment management and advisory fee of 1.25% of the weekly average netassets up to Rs.100 Crores and 1% of the weekly average net assets on netassets in excess of Rs 100 crore.

v. Key Personnel of the AMC

Name and Designation Qualification Age Past experienceT P Raman M.Com., CAIIB 64 30 years in State Bank of India. Retired asManaging Director General Manager of SBI Capital Markets

Ltd., Chennai.Sanjay Santhanam B-Tech, PGDM 39 9 years, of which 2 years in Lintas IndiaVice-President- (IIM, Bangalore) Ltd, 4 years in Contract Advertising IndiaSales & Marketing Ltd and 3 years in ANZ Grindlays Bank.N Prasad M.Com 46 13 years, of which 7 years in Canara Bank,Deputy Chief Executive Officer 3 Chief Investment Officer years in

Canbank Mutual Fund, and 3 years inICICI Asset Management Co. Limited.

Satish Ramanathan B-Tech, MBA 40 Overall Experience of 14 Years of whichHead – Equity 3 Years in Franklin Templeton, 4 Years in ICICI

Securities, 3 Years in Sundaram AMC, 1 Year inBirla Merlin & Dewoo Finance, 2 Years in ICRALimited and 1 Year in Tata EconomicConsultancy Services

Srividhya Rajesh MMS (BITS), PG Dip. in 33 10 years of which 1-year in a stock brokingFund Manager – Equity Equity Research and firm.

Chartered Financial Analyst,ICFAI, Hyderabad.

J.Venkatesan M.Com., Grad CWA, CAIIB 44 Overall Experience of 23 Years of whichFund Manager 16 years in Canbank Mutual Fund in

Various capacities and 7 Years in CanaraBank.

S.Krishnakumar BE, PGDBA (Financial & 40 17 years of which 7 years in Anush SharesCo-Fund Manager Portfolio Management & Securities P Ltd, as senior researchHead – Equity Research analyst, consultant and vice president. Prior

to that worked as Product DevelopmentEngineer for a period of six years in LucasTVS, an auto electricals major.

8

Rahul Pal B.Com, A.C.A. 30 3 Years in IDBIFund ManagerR. Vijayendiran M.Com. 42 17 years, of which 3 years in Stock BrokingDealer company, 3 years in Stock Holding

Corporation of India, 3 years in Citicorpand 2 years in Kotak Securities.

T.S. Sritharan B.Com, A.C.A. AIII 46 18 years of which 8 years in united IndiaChief Financial Officer Insurance Company Limited.& Head – OperationsP. Sundararajan B.Com. B.L. FCS, CFE, CISM 51 26 years in Sundaram Finance Ltd inCompany Secretary & various capacities of which 10 years asCompliance Officer Deputy Secretary and Compliance Officer.Sunil Subramaniam Msc, MBA 46 22 years out of which 10 years in StateVice president – Bank of India, 9 years in American ExpressRetail Distribution Bank and 2 years in Bank of America.Vaidyanathan B.Com, CWA, ACS (Inter), 41 15 Years, of which 13 years in The HinduHead – Product PGDBM (IIM B), as Head of Research Team for Business LineDevelopment PGD MB & FS (ICFAI) Newspaper and 2 Years in Chemplast

Sanmar as Executive (MIS)

vi. Fund Manager

Rahul Pal is the Fund Manager for Debt portion and S. Krishnakumar is the FundManager for Equity portion of the scheme (For the experience and qualificationof the Fund Manager please read the table of Key Employees above).The office of the Debt Fund Manager is located at the Regional office 202-B,2nd Floor, Marathan Innova Next Gen, Ganpath Rao Kadham Marg, Opp.Peninsula Corporate Park, Lower Parel, Mumbai – 400 013.

vii. Compliance Officer

P Sundararajan B.Com. B.L FCS, CFE, CISMSundaram BNP Paribas Asset Management Company Limited46 Whites Road, RoyapettahChennai - 600 014Phone : +91 44 28583362, 28583367Fax. : +91 44 28583156

viii. Investor Relations

S. Balasubramanian,Head - Customer Service & Transaction Processing46, Whites Road, Royapettah, Chennai 600 014.Tel.: (91) (44) 28583362/28583367Fax: (91) (44) 28583156

4. Auditors of the Mutual Fund

M/s Sundaram & Srinivasan,Chartered Accountants,23 C.P. Ramaswamy Road,Alwarpet, Chennai 600018.

5. REGISTRAR

Computer Age Management Services (P) Limited (CAMS), a Category-IRegistrar and Transfer Agent registered with SEBI, vide Registration No. INR000002813, has been appointed to act as the Registrar and Transfer Agent tothis scheme. CAMS will accept and process investors' applications and advisethe AMC of the details of subscription; handle communications withinvestors, resolve investor grievances, perform data-entry services anddespatch Unit Certificates and/or Accounts Statements. Sundaram BNPParibas Mutual Fund, the AMC and the Trustees, after taking appropriate duediligence measures, are satisfied that the Registrar can provide the servicesrequired and have the adequate facilities to do so. The Letter of Agreement ofthe Registrar will be available for inspection by the investors. The Registrarwill be paid a fee in accordance with the R&T Agreement. The Trusteesreserve the right to appoint any other firm approved by SEBI as the Registrarof the scheme/Mutual Fund.

6. CUSTODIAN

Standard Chartered Bank (SCB) registered with SEBI, vide Registration No.IN/CUS/006, has been appointed Custodian of the securities that are boughtand sold under this Scheme. The responsibilities of the Custodian include:• to keep in safe custody all the securities and instruments belonging to the

Scheme;• to ensure smooth inflow/outflow of securities and instruments as and

when necessary in the best interests of the investors;• to ensure that the benefits due on the holdings are received; and• to be responsible for the loss or damage to the securities due to

negligence on its part or on the part of its approved agents.

A Custodian Agreement has been entered into by Standard Chartered Bankwith the AMC and the Mutual Fund outlining the custodial fees, duties,functions and obligations of the Custodian. The Trustees reserve the right toappoint any other firm approved by SEBI as the Custodian of the Scheme.

7. LEGAL COUNSEL

Mr. T.K.BhaskarPartner HSB AssociatesLloyds RoadChennai

PART II

1. FUNDAMENTAL ATTRIBUTES OF THE SCHEME

TYPE OF THE SCHEME

A close-ended hybrid debt scheme with tenure of five years with a capitalprotection orientation feature (oriented towards protection of capital and notguaranteed returns).

INVESTMENT OBJECTIVE

The objective of this Scheme would be to seek income and minimise risk ofcapital loss by investing in a portfolio of fixed-income securities. The Schememay invest a part of the assets in equity to seek capital appreciation.

There can be no assurance that the investment objective of the Scheme willbe achieved. The Scheme does not guarantee/indicate any returns. There is noguarantee of capital or return for this Scheme from the mutual fund or thesponsors.

At maturity, the Scheme would be redeemed at the NAV-based prices

ASSET ALLOCATION

Sl. no. Instrument % allocation Risk profile1. Fixed-income securities including

money market instruments, if any. 68-100 Low to medium2. Equity and equity related

instruments 0-32 HighFund Manager may alter allocation during subsequent deployment of fundsPROVIDED deployment is generated out of appreciation in value of (existing)investments.

The initial investment mix between the fixed securities and equity shall besuch that the maturity value of the fixed income portfolio, at the time ofscheme’s redemption, net of all expenses is more than or equal to the facevalue of the units issued. However, where any such change is warranted, suchchange shall be in line with the warranties prescribed by the CRISIL.

The Scheme may review the above pattern of investments based on views onthe debt markets and asset liability management needs and the portfolio shallbe reviewed and rebalanced on a regular basis. However, at all times theportfolio will adhere to the overall investment objective of the Scheme.

CHANGE IN INVESTMENT PATTERN

Subject to the SEBI Regulations, the asset allocation pattern indicated abovemay change from time to time, keeping in view the market conditions, marketopportunities, applicable regulations and political and economic factors. Itmust be clearly understood that the percentage stated above are onlyindicative and not absolute. These proportions can vary substantiallydepending upon the perception of the Investment Manager; the intentionbeing at all times to seek to protect the interests of the Unit holders. Suchchanges in the investment pattern will be for a short term and for defensiveconsiderations only

TERMS OF THE ISSUE

1. Liquidity provisions such, as listing and redemption are clearly defined inPart III- units and offer of this document.

2. Aggregate fees and expenses are stated in Part IV of this offer document.3. The Scheme does not offer any guarantee or assure returns to the

investors. There is no guarantee of capital or returns from the mutual fundor the sponsors.

CHANGES IN THE FUNDAMENTAL ATTRIBUTES

The Board of Directors of Trustee Company may, in accordance with the SEBIRegulations, after sending a written communication to each unit holder andan advertisement in one English daily newspaper as well as in a newspaperpublished in the language of the region alter/modify/change the fundamentalattributes of this Scheme. However, the unit holders who express dissent tosuch alteration/modification or change shall be allowed to redeem theirholdings in this Scheme at the applicable NAV-based price.

9

10

2. A BRIEF NOTE ON THE DEBT AND MONEY MARKET IN INDIA

The market for fixed-income securities in India can be briefly divided into thefollowing segments

• The money market – The market for borrowing / lending monies; and;• The securities market – The market for trading in securities;• The derivatives market – The market for-fixed income derivatives.A predominantly institutional market, the key market players are banks,financial institutions, insurance companies, mutual funds, primary dealersand corporates Provident / pension funds are also present, but not in a veryactive manner.

The money market

The money market can be classified into two broad categories

• The market for clean borrowing / lending• The market for collateralized borrowing / lending.The market for clean borrowing or lending i.e. borrowing / lending withoutthe backing of any collateral consists of

• Call Money : The market for overnight borrowing / lending• Notice Money : The market for borrowing / lending from 2 days to a

fortnight.• Term Money : The market for borrowing / lending from a fortnight to six

monthsThe market for collateralised borrowing / lending broadly consists of

Repo transactions : These are repurchase obligation transactions in which theborrower tenders securities to the lender which is bought back by theborrower on the repurchase date. The price difference between the sale andrepurchase of the securities is the implicit interest rate for the borrowing/lending. The eligible underlying securities for these transactions are currentlygovernment securities / treasury bills. Corporate bonds etc. are currently notallowed as eligible securities for repo transactions. The minimum repo term(lending / borrowing period) is one day.

CBLO : CBLO stands for Collateralised Borrowing and Lending obligation.CBLO is a discount instrument introduced by the Clearing Corporation ofIndia Limited (CCIL). They can be traded like any other discount instrument.Lenders buy CBLO’s and borrowers sell CBLOs. CCIL manages the risksinherent in issuing these securities through a system of margins and depositsthat it takes from both lenders and borrowers. CBLOs can beissued/bought/sold for a minimum of one day to a maximum of 364 days.

The Securities Market

The market for fixed-income securities can be broadly classified into

• The market for money market (short-term) instruments• The market for Government Securities• The market for Corporate Bonds• The market for other instruments such as securitised debt /PTCs etc.Money market securities are generally discount securities maturing within oneyear at the time of issuance. Instruments satisfying this criterion are treasurybills (obligations of the government), commercial paper (obligations of thecorporate sector) and certificate of deposit (obligations of banks).

Government securities are medium / long-term debt obligations of thegovernment. The market for government securities is the most liquid segmentof the Indian debt market. Most of the secondary market trading isconcentrated in government securities.

Trading in government securities is now done mostly through an electronictrading, reporting and settlement platform developed by the Reserve Bank ofIndia (RBI) called Negotiated Dealing System (NDS). The role of brokerswhich was an important element of the Indian bond market therefore standsreduced to that extent.

Trading in corporate bonds is relatively subdued (in comparison togovernment securities). Price discovery and trading in this segment is stillcarried out through the telephone. Attempts at improving the trading,settlement and risk management practices for trading corporate bonds arecurrently underway.

Trading in other instruments such as securitised debt is relatively scarce. Pricediscovery and trading in this segment too is through the telephone.

The various instruments and their prevailing yields and liquidity are indicatedin the following table:

As on June 08, 2007Instruments Tenor Yield p.a. LiquidityTreasury Bills 364 days 7.54% HighTreasury Bills 91 days 6.92% HighGovernment Securities 5 Years 7.40% HighCorporate Securities 5 Years 9.22% Medium - HighSource: CCILThe actual yields will, however, vary in line with general levels of interestrates and debt/money market conditions prevailing from time to time.

The Floating rate securities market is at a nascent stage in India. The couponrate in floating rate securities is linked to an acceptable benchmark. Floatingrate securities generally have a coupon rate, which is reset over a regularperiod depending on the benchmark chosen. The market widely uses theMIBOR benchmarks announced by Independent agencies such as NSE andReuters. When benchmark interest rate rises, the income generated on thesefloating rate securities also rise. When the benchmark interest rates fall, theincome generated on these floating rate securities also fall.

Increasingly more companies are raising resource through floating ratesecurities. Most of such securities are in the form floating rate debentures at aspread over NSE MIBOR. The Government of India has also started issuingfloating rate securities. Such floating rate issuances reduce the interest raterisk of the portfolio in which these securities are held.

The fixed income derivatives market

The interest rate derivatives market is in a developing stage in the country.Instruments are broadly transacted are

• Interest Rate Swaps; and• Forward Rate AgreementsVanilla interest rate swap contracts are contracts which exchange a fixedamount against a floating benchmark. These are calculated on a notionalprincipal, which is never exchanged. Interest rate swaps can be used to edgeinterest rate risk for existing fixed rate exposures; and

Create synthetic floating or fixed rate structures

Forward Rate Agreements are contracts which allow the transactingcounterparties to fix a borrowing / lending rate for some future date at thecurrent juncture itself.

3. INSTRUMENTS IN WHICH INVESTMENT CAN BE MADE

In order to achieve investment objectives, the corpus of the Scheme can beinvested in any (but not exclusively) of the following securities:

• Securities issued by the Central and State Governments and/or repos insuch Government Securities as may be permitted by RBI (including butnot limited to coupon bearing bonds, zero coupon bonds and treasurybills);

• Debt obligation of domestic Government Agencies and statutory bodies,which may or may not carry a Central/State Government Guarantee.

• Obligations of banks (both public and private sector) and developmentfinancial institutions;

• Money market instruments permitted by SEBI/RBI;• Certificate of Deposits (CDs);• Commercial Paper (CP s);• Bonds / Debentures issued by Public Sector Undertakings• Bonds / Debentures issued by Private Sector Corporate, banks and

financial institutions.• Bills of Exchange/Promissory notes;• The non-convertible part of the convertible securities;• Any other domestic fixed income securities• Pass through, Pay through or other Participation certificates representing

interest in a pool of assets including receivables.• Derivative instruments like Interest Rate Swaps. Forward Rate

Agreements, Stock Index Futures and other such other derivativeinstruments subject to regulations/ guidelines prescribed by SEBI / RBI.

• Units of Mutual Funds.• Any other instruments as may be permitted by SEBI from time to time.The securities mentioned above and such other securities the Scheme ispermitted to invest in, could be listed, unlisted, privately placed, secured,unsecured, rated and of any maturity bearing fixed rate or floating coupon rate.The securities may be acquired through Initial Public Offerings (IPOs), secondarymarket operations, private placement, rights offers or negotiated deals.

The Scheme invests in securities that are rated by CRISIL or ICRA or otherindependent credit rating agencies. The Scheme may also enter intorepurchase and reverse repurchases obligations in all securities held by it asper the guidelines and regulations applicable to such transactions.Investment will be made in accordance with the parameters prescribed by theCRISIL. The investment horizon will be in line with the CRISIL warranties.4. INVESTMENT STRATEGY, PROCEDURE, RISK AND RISK CONTROL

INVESTMENT STRATEGY

Debt Portfolio• The Scheme would attempt to invest in fixed income instruments.

Purchase of debt may be made either through initial public offer, privateplacement, through rights offerings, purchase on the floor of a recognisedstock exchange or through negotiated deals on the secondary market. TheScheme may invest in the non-publicly offered securities on the merits ofthe investment proposals.

• The Scheme shall invest in the instruments rated as investment grade orabove by a recognized rating agency. In case the instruments are notrated, specific approval of the Board of Directors of the AMC or acommittee constituted by the Board of Directors of the AMC and theBoard of Directors of Trustee Company or a Committee approved by theTrustee Company shall be obtained.

• A portion of the fund could be invested in liquid investments.• The Scheme intends to use derivatives as permitted by RBI/SEBI for

hedging interest rate risk. The actual percentage of investments in variousfloating and fixed interest rate securities and the position of derivativeswill be decided on day to day basis depending upon the prevailing viewson Interest rate.

• Pending deployment of funds in terms of investment objectives of theScheme, the funds may be invested in short term deposits with scheduledCommercial Banks.

Equity Portfolio

Majority of the equity allocation will be in CNX 500 index companies, andwill maintain diversity. There will be no excessive stock or sector specificexposure that will enhance the risk of the portfolio.

INVESTMENT PROCEDURE

DEBT INSTRUMENTS• G-Secs and corporate debt instruments may be bought either from both

secondary and primary markets. In the case of G-Secs, instruments ofdifferent maturities can be easily traded under normal market conditions.The particular instrument will be chosen as a result of the duration andweight decisions.

• In the case of corporate debt, if the instruments are to be subscribedthrough private placement route, an approval from the InvestmentCommittee (IC) is required. The IC consists of the Managing Director, andthree other Directors. The investment department (comprising of Analysts,Fund Manager and the Chief Investment Officer) submits a note to the ICfor the purpose of this approval.

• The reasons for purchase / sale is recorded in the ‘deal ticket’ by the fundmanager. For all purchases, we depend upon the credit rating assigned byexternal agencies. Where this is not available, we depend on internalanalysis. We believe that the important risks of investing in debt arise frominterest rate forecasts and asset allocation decisions and not necessarilyfrom individual company performance.

MiscellaneousIn the asset allocation decision, the spread between G-Secs and corporatebonds are considered to determine relative weights. As the credit spreadincreases, the weight of corporate debt is raised, and as the spread declines,the weight of government bonds is raised. Thus the allocation of weightbetween corporate bonds and G-Secs is also a function of relativeattractiveness. However, the fund may not take active decisions of changingthe asset allocation, as it is a close-ended Scheme.

RISK CONTROLAs investing requires disciplined risk management, the AMC wouldincorporate adequate safeguards for controlling risks in the portfolioconstruction process. The risk control process involves reducing risks throughportfolio diversification, taking care, however, not to dilute returns in theprocess. The AMC believes that this diversification would help achieve thedesired level of consistency in returns. The Scheme may also use various

derivatives and hedging products from time to time, as would be availableand permitted by RBI, in an attempt to protect the value of the portfolio andenhance unit holders' interests.

The Scheme may invest in other Schemes managed by the AMC or in theSchemes of any other Mutual Funds, provided it is in conformity to theinvestment objectives of the Scheme and in terms of the prevailing SEBIRegulations. As per the SEBI Regulations, no investment management fees willbe charged for such investments and the aggregate inter-Scheme investmentmade by all Schemes of Sundaram BNP Paribas Mutual Fund or in theSchemes under the management of other asset management companies shallnot exceed 5% of the net asset value of the Sundaram BNP Paribas MutualFund.

Credit Risk: The Asset Management Company tracks ratings assigned byreputed credit rating agencies.

Interest Rate Risk: Fixed income securities are subject to volatility risk arisingfrom the movement in interest rates. Liquidity Risk: While liquidity in theIndian bond markets is improving, it is largely in Government bonds, and tosome extent, top rated corporate bonds.

The Asset Management Company will also use any derivative or hedgingtechniques that may be permitted by SEBI.

For the present, the Scheme does not intend to enter into underwritingobligations. However, if the Scheme does enter into an underwritingagreement, it would do so after complying with the RBI Regulations and withthe prior approval of the Board of the AMC/Trustee Company.

5. INVESTMENTS IN DERIVATIVE INSTRUMENTSSEBI has permitted all mutual funds to participate in derivatives tradingsubject to observance of guidelines issued by it in this behalf. Pursuant to this,mutual funds may use various derivative and hedging products from time totime, as would be available and permitted by SEBI, in an attempt to protectthe value of portfolio and enhance unit holder’s interest.

Accordingly, the fund may use derivative instruments like interest rate swaps,forward rate agreements, or such other derivative instruments as may beintroduced from time to time for the purpose of hedging, portfolio balancingor any other purpose, as permitted under the Regulations and Guidelines.

Exposure to DerivativesSundaram BNP Paribas Capital Protection Oriented Fund Series I - 5 yearsshall not have exposure of more than 50% of the net assets in derivativeinstruments. These limits will be reviewed by the AMC from time to time.Exposure to derivative instrument shall be only if the underlying instrumentsare already available with the scheme.

Interest Rate Swaps (IRS)An IRS is an agreement between two parties to exchange stated interestobligations for an agreed period in respect of a notional principal amount.The most common form is a fixed to floating rate swap where one partyreceives a fixed (pre-determined) rate of interest while the other receives afloating (variable) rate of interest.

Forward Rate Agreement (FRA)A FRA is basically a forward starting IRS. It is an agreement between twoparties to pay or receive the difference between an agreed fixed rate (the FRArate) and the interest rate (reference rate) prevailing on a stipulated futuredate, based on a notional principal amount for an agreed period. The onlycash flow is the difference between the FRA rate and the reference rate. As isthe case with IRS, the notional amounts are not exchanged in FRAs.

Example of a derivatives transactionLet us assume that a Scheme has an investment of Rs.10 crore in aninstrument that pays interest linked to NSE Mibor. Since the NSE Mibor wouldvary daily, the Scheme is running interest rate risk on its investment andwould stand to lose if rates go down. To hedge itself against this risk, theScheme could do an IRS where it receives a fixed rate (assume 5%) for thenext 5 days on the notional amount of Rs. 10 crore and pay a floating rate(NSE Mibor). In doing this, the Scheme would effectively lock itself into afixed rate of 5% for the next five days. The steps would be:

1. The Scheme enters into an IRS on Rs.10 crore from January 1, 2006 toFebruary 1, 2006. It receives a fixed rate of interest at 5% and the counterparty receives the floating rate (NSE Mibor). The Scheme and the counterparty exchange a contract of having entered into this IRS.

2. On a daily basis, the NSE Mibor will be tracked by the counter parties todetermine the floating rate payable by the Scheme.

3. On February 1, 2006, the counterparties will calculate the following:The Scheme will receive interest on Rs. 10 crore at 5% p.a. for 31 days i.e.

11

Rs.4,24,657/-. The Scheme will pay the compounded NSE Mibor for 31 daysby converting its floating rate asset into a fixed rate through the IRS. If the totalinterest on the compounded NSE Mibor rate is lower than Rs.4,24,657/-, theScheme will receive the difference from the counterparty and vice-versa. Incase the interest on compounded NSE Mibor is higher, the Scheme wouldmake a lower return than what it would have made had it not undertaken IRS.

The Scheme shall take exposure on a non-leveraged basis.

A hedge is designed to offset a loss on a portfolio with a gain in the hedgeposition. The Scheme will use derivative instruments such as interest rateswaps, option on interest rate, forward rate agreements, etc. to generatefloating rate return.

Derivatives products are leveraged instruments and can providedisproportionate gains as well as disproportionate losses to the investor.Execution of such strategies depends upon the ability of the fund manager toidentify such opportunities. Identification and execution of the strategies tobe pursued by the fund manager involve uncertainty and decision of fundmanager may not always be profitable. No assurance can be given that thefund manager will be able to identify or execute such strategies.

The risk associated with the use of derivatives are different from or possiblygreater than, the risks associated with investing directly in securities and othertraditional investments.

Risk factors for derivative investments

1. Counterparty Risk: The counterparty risk is the risk that the counter partywill default on its obligations. The amount of counterparty risk in aderivatives transaction is limited to the differential amount that is payableby one party to the other. Since the principal amount is generally neverexchanged, it is generally not subject to counterparty risk.

2. Market risk: Derivatives carry the risk of adverse changes in the marketprice.

3. Illiquidity risk: The risk that a derivative cannot be sold or purchasedquickly enough at a fair price, due to lack of liquidity in the market.

4. Basis Risk: the risk that the movements in swap rates do not actuallyreflect the expected movement in benchmark rates, thus, creating amismatch with what was intended.

It may be mentioned here that the guidelines issued by Reserve Bank of Indiafrom time to time for forward rate agreements and interest rate swaps andother derivative products would be adhered to.

The Scheme intends to use derivatives instruments only for the purpose ofhedging, portfolio balancing, Apart from this the scheme do not have anyparticular strategy for derivatives.

As and when the Scheme trades in the derivatives market there are risk factorsand issues concerning the use of derivatives that investors should understand.Derivative products are specialised instruments that require investmenttechniques and risk analysis different from those associated with stocks andbonds. The use of a derivative requires an understanding not only of theunderlying instrument but also of the derivative itself. Derivatives require themaintenance of adequate controls to monitor the transactions entered into,the ability to assess the risk that a derivative adds to the portfolio and theability to forecast price or interest rate movements correctly. There is thepossibility that a loss may be sustained by the portfolio as a result of the failureof another party (usually referred to as the "counter party") to comply with theterms of the derivatives contract. Other risks in using derivatives include therisk of mispricing or improper valuation of derivatives and the inability ofderivatives to correlate perfectly with underlying assets, rates and indices.Thus, derivatives are highly leveraged instruments. Even a small pricemovement in the underlying instrument could have a large impact on theirvalue. Also, the market for derivative instruments is nascent in India.

Valuation:

• The traded derivatives shall be valued at market price in conformity withthe stipulations of sub clauses (i) to (v) of clause 1 of the Eighth Scheduleto the Securities and Exchange Board of India (Mutual Funds) Regulations,1996.

• The valuation of untraded derivatives shall be done in accordance withthe valuation method for untraded investments prescribed in sub clauses(i) and (ii) of clause 2 of the Eighth Schedule to the Securities andExchange Board of India (Mutual Funds) Regulations, 1996.

6. PORTFOLIO TURNOVER

The Scheme being close ended in nature, portfolio turnover will be a functionof market opportunities. Continuous changes in the market environmentexpose the debt instruments to systematic and non-systematic risks. Based onmarket opportunities the fund manager will endeavour to optimise portfolioturnover to optimise risk adjusted return keeping in mind the cost associatedwith such portfolio turnover. On account of the above factors that affectportfolio turnover, it is difficult to give an estimate, with any reasonableamount of accuracy.

7. BENCHMARK INDEX

CRISIL MIP Blended Index

8. INVESTMENT LIMITATIONS OF THE SCHEME

Presently the Securities and Exchange Board of India (Mutual Funds)Regulations 1996, lays down following investment criteria and restrictions:

1. All the Scheme’s assets will be invested in transferable securities, whetherin the money markets or in the capital markets, including any privatelyplaced debentures or securitised debtor money at call.

2. The Scheme shall not invest more than 15% of its NAV in debtinstruments issued by a single issuer, which are rated not belowinvestment grade by a credit rating agency authorised to carry out suchactivity under the Securities and Exchange Board of India Act, 1992. Suchinvestment limit may be extended to 20% of the Scheme with the priorapproval of the Board of Trustees and the Board of the Asset ManagementCompany. Provided that such limits shall not be applicable forinvestments in government securities and money market instruments.Debentures, irrespective of any residual maturity period (above or belowone year), shall attract the investments restrictions as applicable for debtinstruments as specified under clause 1 and 1 A of the seventh scheduleto the regulations.

3. The Scheme shall not invest more than 10% of its NAV in unrated debtinstruments issued by a single issuer and total investment in suchinstruments shall not exceed 25% of the NAV of the Scheme. All suchinvestments shall be made with the prior approval of the Board of Trusteesand Board of the Asset Management Company.

4. The Mutual Fund under all its Schemes, including this Scheme, takentogether will not own more than 10% of any company’s paid up capitalcarrying voting rights.

5. Transfer of investments from one Scheme to another Scheme, includingthis Scheme shall be allowed only if such transfers are made at theprevailing market price for quoted securities on a spot basis and thesecurities so transferred shall be in conformity with the investmentobjective of the Scheme to which such transfer has been made.

6. The Scheme may invest in another Scheme, under the same assetmanagement company or any other mutual fund, without charging anyfees, provided that the aggregate inter-Scheme investments made by allSchemes under the same management or in Schemes under themanagement of any other asset management company shall not exceed5% of the net asset value of the mutual fund.

7. The Scheme shall buy and sell securities on the basis of deliveries andshall in all cases of purchases, take delivery of relative securities and inall cases of sale, deliver the securities and shall in no case put itself in aposition whereby it has to make short sale or carry forward transactionsor engaged in badla finance. Provided that mutual fund shall enter intoderivatives transactions in a recognised stock exchange for the purpose ofhedging and portfolio balancing, in accordance with the SEBI Guidelines.

8. The Scheme shall, get the securities purchased or transferred in the nameof the mutual fund on account of the concerned Scheme, whereverinvestments are intended to be of a long-term nature.

9. Pending deployment of funds of the Scheme in securities in terms of theinvestment objectives of the Scheme, the Mutual Fund can invest thefunds of the Scheme in short term deposits of scheduled commercialbanks.

10. No Scheme of a mutual fund shall make any investment in any fund offunds Scheme.

11. The Fund shall not make any investments ina. any unlisted security of an associate or group company of the

sponsor; orb. any security issued by way of private placement by an associate or

group company of the sponsor; or

12

c. the listed securities of group companies of the sponsor, which is inexcess of 25% of the net assets of all the Schemes of the mutual fund

12. The Scheme (s) shall not invest more than 5% of its NAV in unlisted equityshares or equity related instruments in case of open-ended Schemes.

13. The Scheme shall not invest more than 10% of its NAV in the equityshares or equity related instruments of the company.

14. The Scheme shall not invest in any fund of funds Scheme.To the extent the above investment limitations are amended by SEBIRegulations, the Trustees/ AMC may modify these limitations from time totime, in accordance with the Regulations.

9. VALUATION OF ASSETS AND NET ASSET VALUE

Valuation of Scheme’s assets and calculation of the Scheme’s NAV will besubject to such rules or regulations that SEBI may prescribe from time to timeand shall be subject to audit on an annual basis. The disclosure on valuationnorms, computation and publication of NAV, repurchase and sale price,accounting policies and publication of half yearly accounts shall conform tothe relevant provisions of SEBI (Mutual Funds) Regulations, 1996.Accordingly, the following principles will be adopted:

1. Traded Securities

i. The securities shall be valued at the last quoted price on the stockexchange.

ii. When the securities are traded on more than one recognised stockexchange, the securities shall be valued at the last quoted closing priceon the stock exchange where the security is principally traded. It wouldbe left to the AMC to select the appropriate stock exchange, but thereasons for the selection should be recorded in writing. There shouldhowever be no objection for all scrips being valued at the prices quotedon the stock exchange where a majority in value of the investments isprincipally traded.

iii. Once a stock exchange has been selected for valuation of a particularsecurity, reasons for change of the exchange shall be recorded in writingby the AMC.

iv. When on a particular valuation day, a security has not been traded on theselected stock exchange; the value at which it is traded on another stockexchange may be used.

v. When a debt security (other than Government Securities) is not traded onany stock exchange on any particular valuation day, the value at which itwas traded on the principal stock exchange or any other stock exchange,as the case may be, on the earliest previous day may be used providedsuch date is not more than fifteen days prior to valuation date. When adebt security (other than Government Securities) is purchased by way ofprivate placement, the value at which it was bought may be used for aperiod of fifteen days beginning from the date of purchase. For valuationof government securities, all the Fund shall use the prices for GovernmentSecurities released by an agency suggested by AMFI. (At presentwww.CRISIL.com vide AMFI circular dated February 5, 2002)

2. Thinly Traded Securities:

Thinly traded securities as defined in the Regulations shall be valued in themanner as specified in the guidelines issued by SEBI, as follows:

A debt security (other than Government Securities) shall be considered as athinly traded security if on the valuation date, there are no individual tradesin that security in marketable lots (currently Rs 5 crore) on the principal stockexchange or any other stock exchange.

A thinly traded debt security as defined above would be valued as per thenorms set for non-traded debt security.

3. Non-traded Securities

When a security is not traded on any stock exchange for a period of fifteendays prior to the valuation date, the scrip must be treated as’non-traded’ scrip.

Non traded/ thinly traded securities shall be valued “in good faith” by theasset management company on the basis of the valuation principles laiddown below:

Non Traded / Thinly Traded Debt Securities of Up to 182 Days to maturity

As the money market securities are valued on the basis of amortisation (costplus accrued interest till the beginning of the day plus the difference betweenthe redemption value and the cost spread uniformly over the remainingmaturity period of the instruments) a similar process should be adopted fornon-traded debt securities with residual maturity of up to 182 days, in the

absence of any other standard benchmarks in the market. Debt securitiespurchased with residual maturity of up to 182 days are to be valued at cost(including accrued interest till the beginning of the day) plus the differencebetween the redemption value (inclusive of interest) and cost spreaduniformly over the remaining maturity period of the instrument. In case of adebt security with maturity greater than 182 days at the time of purchase, thelast valuation price plus accrued interest should be used instead of purchasecost. All other non-traded Non Government debt instruments shall be valuedusing the method suggested below.

Non Traded / Thinly Traded Debt Securities of Over 182 Days to Maturity

For the purpose of valuation, all non-traded debt securities would beclassified into "investment grade" and "non investment grade" securities basedon their credit ratings. The non-investment grade securities would further beclassified as "performing" and "non performing" assets.

• All non-government investment grade debt securities, classified as nottraded, shall be valued on yield to maturity basis as described below.

• All non-government non-investment grade performing debt securitieswould be valued at a discount of 25% to the face value.

• All non-government non-investment grade non-performing debt securitieswould be valued based on the provisioning norms.

The approach in valuation of non-traded debt securities is based on theconcept of using spreads over the benchmark rate to arrive at the yields forpricing the non-traded security. The yields for pricing the non-traded debtsecurity would be arrived at using the process as defined below.

Step A

A risk free benchmark yield is built using the government securities (GOISecurities) as the base. GOI Securities are used as the benchmarks as they aretraded regularly, free of credit risk and traded across different maturityspectrums every week.

Step B

A matrix of spreads (based on the credit risk) is built for marking up thebenchmark yields. The matrix is built based on traded corporate paper on thewholesale debt segment of an appropriate stock exchange and the primarymarket issuances. The matrix is restricted only to investment grade corporatepaper.

Step C

The yields as calculated above are marked-up / marked-down for illiquidityrisk.

Step D

The yields so arrived are used to price the portfolio.

Methodology

Construction of Risk Free Benchmark

Using Government of India dated securities, the benchmark shall beconstructed as below:

Government of India dated securities will be grouped into the followingduration buckets viz., 0.5-1 years, 1-2 years, 2-3 years, 3-4 years, 4-5 years,5-6 years and 6 years and the volume weighted yield would be computed foreach bucket. These duration buckets may be changed to reflect the marketvalue more closely by any agency suggested by AMFI giving benchmark yield/ matrix of spreads over benchmark yield. Accordingly, there will be abenchmark YTM for each duration bucket. The benchmark as calculatedabove will be set at least weekly, and in the event of any significant movementof prices of Government securities on account of any event impacting interestrates on any day such as change in the RBI policies, the benchmark will bereset to reflect any change in the market conditions.

Note: The concept of duration over tenor has been chosen in order to capturethe reinvestment risk. It is intended to gradually move towards a methodologythat incorporates the continuous curve approach for valuation of suchsecurities. However, in view of the current lack of liquidity in the corporatebond markets, a continuous curve approach to valuation would benecessarily based on limited data points, and this would result in out of linevaluations. As an interim methodology therefore it is proposed that theDuration Bucket approach be adopted and continuously tracked in order tofine-tune the duration buckets on a periodic basis. Over the next few years itis expected that with the deepening of the secondary market trading, it would

13

be possible to make a gradual move from the Duration Bucket approachtowards a continuous curve approach.

Building a Matrix of Spreads for Marking-up the Benchmark Yield

Mark up for credit risk over the risk free benchmark YTM as calculated in stepA, will be determined using the trades of corporate debentures / bonds ofdifferent ratings. All trades on appropriate stock exchange during the fortnightprior to the benchmark date will be used in building the corporate YTM andspread matrices. Initially these matrices will be built only for corporatesecurities of investment grade. The matrices are dynamic and the spreads willbe computed every week. The matrix will be built for all duration buckets forwhich the benchmark GOI matrix is built to effectively link the corporatematrix with the GOI securities matrix. Accordingly:

• All traded paper (with minimum traded value of Rs. 1 cr. (Rupees OneCrore Only) will be classified by their ratings and grouped into 7 durationbuckets; for rated securities, the most conservative publicly availablerating will be used;

• For each rating category, average volume weighted yield will be obtainedboth from trades on the appropriate stock exchange and from the primarymarket issuances;

• Where there are no secondary trades on the appropriate stock exchangein a particular rating category and no primary market issuances during thefortnight under consideration, then trades on appropriate stock exchangeduring the 30 days period prior to the benchmark date will be consideredfor computing the average YTM for such rating category;

• If the matrix cannot be populated using any or all of the above steps, thencredit spreads from trades on appropriate stock exchange of the relevantrating category over the AAA trades will be used to populate the matrix;

• In each rating category, all outliers will be removed for smoothening theYTM matrix;

• Spreads will be obtained by deducting the YTM in each duration categoryfrom the respective YTM of the GOI securities;

• In the event of lack of trades in the secondary market and the primarymarket the gaps in the matrix would be filled by extrapolation. If thespreads cannot be extrapolated for the reason of practicality, carrying thespreads from the last matrix will fill the gaps in the matrix.

Mark-up / Mark-down Yield

The Yields calculated would be marked-up / marked-down to account for theill-liquidity risk, promoter background, finance company risk and the issuerclass risk. As the level of ill-liquidity risk would be higher for non-ratedsecurities the marking process for rated and non-rated securities would bedifferentiated as follows:

Adjustments for Securities rated by External Rating Agencies

The Yields so derived out of the above methodology could be adjusted toaccount for risk mentioned above by an appropriate discount or premium asmay be required. The range of the markups for both discount as well aspremium is given below:

Premium

A Discretionary premium of up to -50 Basis Points for securities havingduration of up to 2 years and up to - 25 Basis Points for securities havingduration higher than 2 years will be permitted to be provided for the above-mentioned types of risks. The rationale for the above discount structure is totake cognizance of the differential interest rate risk of the securities. Thisstructure will be reviewed periodically.

Discount

SEBI vide circular dated 20 February, 2002, has revised the discretionarydiscount limits as below:

Category Discretionary discount over benchmarkyield in basis points

Rated Instruments withduration up to 2 years Discretionary Discount of up to +100

Rated Instruments with durationover 2 years Discretionary Discount of up to +75

Adjustments for Internally Rated Securities

To value an unrated security, the fund manager has to assign an internal creditrating, which will be used for valuation. Since unrated instruments tend to be

more illiquid than rated securities, the yields would be mandatorily markedup by adding +50 basis point for securities having a duration of up to twoyears and +25 basis point for securities having duration of higher than twoyears to account for the illiquidity risk.

The yields derived from the above methodology could be adjusted to accountfor risk mentioned above. SEBI vide circular dated 20 February, 2002, hasrevised the discretionary discount limits as below:

Category Discretionary discount over benchmarkyield in basis points

Unrated Instruments with duration Discretionary Discount of up to +50up to 2 years over and above the mandatory Discount

of +50

Unrated Instruments with duration Discretionary Discount of up to +50over 2 years over and above the mandatory Discount

of +25

The benchmark yield / matrix of spreads over benchmark yield obtained fromany agency suggested by AMFI as a provider of benchmark yield / matrix ofspreads over benchmark yield to mutual funds, must be applied for valuationof securities on the day on which the bench mark yield / matrix of spreadsover benchmark yield is released by the aforesaid agency.

4. Valuation of securities with Put / Call options

The option embedded securities would be valued as follows:

Securities with Call option

The securities with call option shall be valued at the lower of the value asobtained by valuing the security to final maturity and valuing the security tocall option. In case there are multiple call options, the lowest value obtainedby valuing to the various call dates and valuing to the maturity date is to betaken as the value of the instrument.

Securities with Put option

The securities with put option shall be valued at the higher of the value asobtained by valuing the security to final maturity and valuing the security toput option. In case there are multiple put options, the highest value obtainedby valuing to the various put dates and valuing to the maturity date is to betaken as the value of the instruments.

Securities with both Put and Call option on the same day

The securities with both Put and Call option on the same day would bedeemed to mature on the Put / Call day and would be valued accordingly.

5. Government securities

Government securities will be valued as per the prices for GovernmentSecurities released by an agency suggested by AMFI for the sake of uniformityin calculation of NAVs.

6. Fixed Income and Money Market Securities

(a) The money market securities with maturity up to 182 days are valued onthe basis of amortization (cost plus accrued interest till the beginning of theday plus the difference between the redemption value and the cost spreaduniformly over the remaining maturity period of the instruments). In case of amoney market security with maturity greater than 182 days at the time ofpurchase, the valuation price as prescribed by SEBI (reduced by the cost andthe accrual) till date of valuation would be treated as appreciation ordepreciation over and above the amortization taken day on day.

(b) Investments in call money, bills purchased under rediscounting Schemeand short term deposits with banks shall be valued at cost plus accrual; othermoney market instruments shall be valued at the yield at which they aretraded. For this purpose, instruments not traded for a period of seven days willeither be valued at cost plus interest accrued till the beginning of the day plusthe difference between the redemption value and the cost spread uniformlyover the remaining maturity period of the instruments or valued on the basisrecommended by the AMC, which will be reviewed by the Trusteesperiodically.

7. Valuation of "Repo"

Where instruments have been bought on `repo' basis, the instrument must bevalued at the resale price after deduction of applicable interest up to date ofresale. Where an instrument has been sold on a `repo' basis, adjustment must

14

be made for the difference between the repurchase price (after deduction ofapplicable interest up to date of repurchase) and the value of the instrument.If the repurchase price exceeds the value, the depreciation must be providedfor and if the repurchase price is lower than the value, credit must be takenfor the appreciation.

8. Valuation of convertible debentures and bonds

In respect of convertible debentures and bonds, the non-convertible andconvertible components shall be valued separately. The nonconvertiblecomponent shall be valued on the same basis as would be applicable to adebt instrument. The convertible component shall be valued on the samebasis as would be applicable to an equity instrument. If, after conversion theresultant equity instrument would be traded pari passu with an existinginstrument, which is traded, the value of the latter instrument can be adoptedafter an appropriate discount for the non-tradability of the instrument duringthe period preceding the conversion. While valuing such instruments, the factwhether the conversion is optional will also be factored in.

9. Valuation of warrants

In respect of warrants to subscribe for shares attached to instruments, thewarrants shall be valued at the value of the share which would be obtainedon exercise of the warrant as reduced by the amount which would be payableon exercise of the warrant. A discount similar to the discount to be determinedin respect of convertible debentures (as referred in valuation of convertibledebentures and bonds above) shall be deducted to account for the periodwhich must elapse before the warrant can be exercised;

10. Valuation of Derivative Products

i. Traded derivatives shall be valued at market price in accordance withclause 1 of the Eighth Schedule to the SEBI Regulations

ii. Untraded derivatives shall be valued in accordance with Clause 2 of theEighth Schedule to the SEBI Regulations

11. General:

All expenses and incomes accrued up to the valuation date shall beconsidered for computation of the Net Asset Value. For this purpose, whilemajor expenses like management fees and other periodic expenses should beaccrued on a day to day basis, other minor expenses and income need not beso accrued, provided the non-accrual does not affect the NAV calculations bymore than 1%.

Any changes in securities and in the number of Units be recorded in the booksnot later than the first valuation date following the date of transaction. If thisis not possible given the frequency of the Net Asset Value disclosure, therecording may be delayed up to a period of seven days following the date ofthe transaction, provided that as a result of the non-recording, the Net AssetValue calculations shall not be affected by more than 1%.

In case the NAV of the Scheme(s) differs by more than 1%, due to non -recording of transactions, the investors or Scheme(s) as the case may be, shallbe paid the difference in amount as follows: -

• If the investors are allotted units at a price higher than NAV or are givena price lower than NAV at the time of sale of their Units, they shall be paidthe difference in amount by the Scheme.

• If the investors are charged lower NAV at the time of purchase of theirUnits or are given higher NAV at the time of sale of their Units, the AMCshall pay the difference in amount to the Scheme. The AMC may recoverthe difference from the investors.

The valuation guidelines as outlined above are as per prevailing Regulationsand are subject to change from time to time in conformity with changes madeby SEBI.

SEBI has vide its circular no. MFD/CIR/8/92/2000 dated September 18, 2000and amendments vide circular no. MFD/CIR/14/088/2001 dated 28.03.2001and MFD/CIR/14/442/2002 dated 20.02.2002 prescribed certain additionalnorms for identification and provisioning of NPAs and guidelines for valuationof non-traded and thinly traded debt securities.

12. CALCULATION OF NET ASSET VALUE

The Net Asset Value (NAV) is the most widely accepted yardstick formeasuring the performance of any Scheme of a Mutual Fund. NAVcalculations shall be based upon the following formulae:

Market Value of the Scheme’s investments + other current assets + Deposits– all Liabilities except Unit capital, Reserve and Profit and Loss Account

+ unamortized initial issue expenses

————————————————————————————————

Number of SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTEDFUND SERIES I – 5 Years units outstanding

NAV of the Scheme will be calculated as of the close of every Wednesday ofthe week. Valuation of Scheme’s assets and calculation of the Scheme’s NAVwill be subject to such rules or regulations that SEBI may prescribe from timeto time. NAV of the Schemes will be calculated and disclosed up to fourdecimals and NAV of each option will be disclosed separately.

13. NAV INFORMATION

The NAV will be computed on Wednesday of every week (if in exceptionalcircumstances, this is not possible or if Wednesday is not a Working Day, theNAV will be computed on the next working day). The NAV will be updatedon the AMFI website (www.amfiindia.com) every Wednesday and be madeavailable for public information at the Corporate office of the AMC. The Unitholders and all prospective investors can obtain the latest NAV information,by calling the Corporate Office of the AMC or any of the designated InvestorService Centres.

The Trustees may suspend determination or publication of the NAV of theunits during the existence of a state of emergency or a breakdown incommunications or in the event of suspension of trading on the StockExchanges and resultantly the NAV cannot be calculated.

14. ACCOUNTING POLICIES AND STANDARDS

In accordance with SEBI Regulation 50 read with the Ninth Schedule to theSEBI Regulations, the Scheme shall follow the following accounting policies:

i) AMC shall keep and maintain proper books of accounts, records anddocuments, for the Scheme so as to explain its transactions and todisclose at any point of time the financial position of the Scheme and inparticular give a true and fair view of the state of affairs of the Scheme;

ii) For the purpose of the financial statements, the Mutual Fund shall markall investments to market and carry investments in the balance sheet atmarket value. However, since the unrealised gain arising out of theappreciation on investments cannot be distributed, provisions shall bemade for exclusion of this item when arriving at distributable income;

iii) In accordance with the guidelines of the Institute of CharteredAccountants of India (ICAI), any unrealized appreciation would becredited to a separate reserve (Unrealized appreciation account)whereas the diminution in value will be transferred to the RevenueAccount.

iv. Dividend income earned by the Scheme shall be recognised, not on thedate the dividend is declared, but on the date, the share is quoted on anex-dividend basis. For investments, which are not quoted on a stockexchange, dividend income will be recognised on the date ofdeclaration;

v. In respect of all interest-bearing investments, income shall be accruedon a day-to-day basis as it is earned. Therefore when such investmentsare purchased, interest paid for the period from the last interest due dateup to the date of purchase shall not be treated as a cost of purchase butshall be debited to the Interest Recoverable Account. Similarly, interestreceived at the time of sale for the period from the last interest due dateup to the date of sale shall not be treated as an addition to sale value butshall be credited to the Interest Recoverable Account;

vi. In determining the holding cost of investments and the gains or loss onsale of investments, the ‘average cost’ method shall be followed;

vii. Transactions for purchase or sale of investments shall be recognised asof the trade date and not as of the settlement date, so that the effect ofall investments traded during the financial year are recorded andreflected in the financial statements for the year. Where investmenttransactions take place outside the stock market, for example,acquisitions through private placement or purchases or sales throughprivate treaty, the transaction will be recorded, in the event of apurchase, as of the date on which the Scheme obtains an enforceableobligation to pay the price or, in the event of sale, when the Schemeobtains an enforceable right to collect the proceeds of sale or anenforceable obligation to deliver the instruments sold;

15

viii. Bonus shares to which the Scheme becomes entitled shall be recognisedonly when the original shares on which the bonus entitlement accruesare traded on the stock exchange on an ex-bonus basis. Similarly, rightsentitlement would be recognised only when the original shares onwhich the rights entitlement accrues are traded on the stock exchangeon ex-rights basis;

ix. Where income receivables on investments has accrued but has not beenreceived for the period specified in the guidelines issued by SEBI,provision shall be made by debiting to the revenue account the incomeso accrued in the manner specified by guidelines issued by the SEBI foridentification and provisioning for non-performing assets. An asset shallbe treated as non-performing, if the interest and/or principal amounthave not been received or remained outstanding or one quarter from theday such income/instalment has fallen due.

x. When units are sold, the difference between the sale price and the facevalue of the unit, if positive, shall be credited to reserves and if negativeshall be debited to reserves, the face value being credited to CapitalAccount. Similarly, when units are repurchased, the difference betweenthe purchase price and the face value of the unit, if positive should bedebited to reserves and, if negative should be credited to reserves, theface value being debited to the capital account.

When units are sold, an appropriate part of the sale proceeds shall becredited to an Equalisation Account and when units are repurchased, anappropriate amount would be debited to the Equalisation Account. Thenet balance of this account shall be credited or debited to the ReserveAccount. The balance on the Equalisation Account debited or creditedto the Revenue Account shall not decrease or increase the net incomeof the fund but is only an adjustment to the distributable surplus. It shalltherefore, be reflected in the Revenue Account only after the net incomeof the fund is determined.

xii. The cost of investments acquired or purchased should includebrokerage, stamp charges and any charge customarily included in thebroker’s bought note. In respect of privately placed debt instruments anyfront-end discount shall be reduced from the cost of the investment;

xiii. Underwriting commission shall be recognised as revenue only whenthere is no devolvement on the Scheme. Where there is devolvementon the Scheme, the full underwriting commission received and notmerely the portion applicable to the devolvement shall be reduced fromthe cost of investment.

xiv. The accounting policies and standards as outlined above are inaccordance with the present Mutual Fund Regulations and are subjectto change in accordance with changes in the Mutual Fund Regulations

All other policies and standards as specified in the Mutual Fund Regulations,as well as any additions/modifications thereto as may be specified by SEBIfrom time to time shall be adhered to while preparing the books of accountsand financial statements of the Fund.

15. GUIDELINES FOR IDENTIFICATION AND PROVISIONING OF NON–PERFORMING ASSETS

The identification and provisioning of Non Performing Assets (Debt Securities)shall be in accordance with circular no. MFD/CIR/8/92/2000 datedSeptember 18, 2000 and modifications thereto vide circular no.MFD/CIR/14/088/2001 dated March 28, 2001, issued by SEBI. The circulardated September 18, 2000 also contains provisions for the treatment ofincome accrued on Non Performing Assets (NPA), treatment of assets onreclassification as performing assets, receipt of past dues, disclosures of NPAson a half yearly basis along with the half yearly portfolio of the relevantScheme etc.

16. UNCLAIMED REDEMPTION/DIVIDEND AMOUNT

The unclaimed redemption amount and dividend amounts may be deployedby the Scheme in call money market or money market instruments only andthe investors who claim these amounts during a period of three years from thedue date shall be paid at the prevailing NAV. After a period of three years, thisamount will be transferred to a pool account and the investors can claim theamount at NAV prevailing at the end of the third year. The income earned onsuch funds will be used for the purpose of investor education. The AMC willmake a continuous effort to remind the investors through letters to take theirunclaimed amounts. Further, the investment management fee charged by theAMC for managing unclaimed amounts shall not exceed 50 basis points

PART III

UNITS AND OFFER

a) Offer of units and Minimum Subscription (Target) amount

During the New Fund Offer period, units are offered at Rs.10/- for cash andthe entire amount is payable on application.

The minimum target amount is Rs.1 Crore. There is no maximum limit thatcan be raised.

The Trustees will allot units in the Scheme after approval. In accordance withSEBI Regulations, if the Mutual Fund fails to collect the minimumsubscriptions as indicated above, the fund and the AMC shall be liable torefund the subscriptions within a period of six weeks from the date of closureof subscription list to the applicants of the Scheme. If the fund refunds aftersix weeks, interest @ 15% per annum shall be paid by the AMC.

If the market conditions turn adverse (such as high levels of volatility), themutual fund reserves the right to cancel the Scheme during the New FundOffer period and also during the five Working Days following the close of theOffer period. Refunds will be completed within six weeks of the close of theNew Fund Offer Period. If the scheme is cancelled during any of the fiveworking days following the closure of NFO Period, the refunds will be madewithin six weeks from the date of such cancellation.

b) New Fund Offer period and Minimum Investment

(i) New Fund Offer Period

The New fund offer period, will be from 09/07/2007 to 07/08/2007.

The Trustees reserve the right to extend the closing date, subject to thecondition that the subscription list shall not be kept open for more than 30days. Any such extension of the subscription list shall be notified by a suitabledisplay at the Official point of acceptance of transactions.

(ii) Minimum Investment

The minimum investment is Rs.5,000 /- and in multiples of Re.1/- thereafter.

c) Who can invest

The following persons may apply for subscribing to the units of SUNDARAMBNP PARIBAS CAPITAL PROTECTION ORIENTED FUND SERIES I – 5 Years(subject, wherever appropriate, to subscription to units of mutual funds beingpermitted under relevant statutory regulations and the applicants’constitutions):

1. Resident adult individuals either singly or jointly (not exceeding three)2. Minors through their parents/ lawful guardians3. Companies/Bodies Corporate/Public Sector Undertakings registered in

India4. Religious and Charitable Trusts under the provisions of 11(5)(xii) of

Income Tax Act 1961 read with Rule 17C of Income Tax Rules, 1962.5. Wakf Boards or endowments and Registered societies (including

registered co-operative societies) and private trusts, authorised to invest inunits

6. Partnership firms7. Hindu Undivided Family (HUF)8. Banks and Financial Institutions9. Non-resident Indian (NRI), Persons of India origin on full repatriation

basis (subject to RBI approval, if required)10. Foreign Institutional Investors (FIIs) registered with SEBI on full

repatriation basis (subject to RBI approval)11. An association of persons or a body of individuals and Societies registered

under the Societies Registration act, 1860(so long as the purchase of unitsis permitted under the respective constitutions)

12. Army/Air force/Navy/Para-military funds and other eligible institutions13. Provident/ pension/Gratuity and such other funds as and when permitted

to invest14. Scientific and/or industrial research organizations authorised to invest in

units15. Other associations, institutions, etc., authorised to invest in mutual fund

unitsNOTES:i. It is expressly understood that the investor has the necessary legal

authority and has complied with applicable internal procedures forsubscribing/redeeming the units. The AMC/Trustee will not be responsiblein case any transaction made by an investor is ultra vires the relevantconstitution/internal procedures.

16

ii. Non-Resident Indians and Persons of Indian Origin residing abroad (NRIs)and Foreign Institutional Investors (Flls) have been granted a generalpermission by the Reserve Bank of India [Schedule 5 to the ForeignExchange Management (Transfer or Issue of Security by a Person ResidentOutside India) Regulations, 2000] for investing in/redeeming units ofmutual funds subject to conditions set out in the aforesaid regulations.

iii. In the case of an application under a power of attorney or by a limitedcompany or other corporate body or an eligible institution or a registeredsociety or a trust fund, the original power of attorney or a certified truecopy duly notarised or the relevant resolution or authority to make theapplication, as the case may be, or a duly notarised copy thereof, alongwith a certified copy of the memorandum and articles of associationand/or bye-laws and/or trust deed and/or partnership deed and certificateof registration should be submitted. The officials should sign theapplication under their official designation. A list of duly certified/attestedspecimen signatures of the authorised officials should also be attached tothe application. In case of a trust/fund, it shall submit a resolution fromthe trustee(s) authorising the purchase

iv. In terms of SEBI circular MRD/DoP/Cir-05/2007 dated April 27, 2007 PANshall be the sole identification number for all participants transacting in thesecurities market, irrespective of the amount of transaction. Effective fromJuly 02, 2007 to December 31, 20007, the applicants are required to thesubmit the following documents for all fresh purchases, additionalpurchases and Systematic Investment Plan (SIP) as mentioned below:Transaction value Required documents< Rs.50,000 Either PAN copy or Acknowledgement copy of

PAN Application Form (Form 49A)

= > Rs.50,000 Either PAN copy or Acknowledgement copy ofPAN Application Form (Form 49A) and Form 60/61with address proof

Instructions for verification:

1. AMC branch officials/Registrar and Transfer Agents and Investor Centreswill verify the PAN card copy with originals. The person verifying thedocument need to affix his/her signature, name and company seal withremarks as verified with original/verified/attested.

2. Alternatively copy of the PAN shall be attested by the BankManager/Gazetted Officer of State/Central Government/NotaryPublic/Judicial Authorities.

3. Alternatively, the distributors can verify the PAN card copy with originals.The person verifying the document need to affix his/her signature, nameand company seal with remarks as verified with original / verified / attested.

4. All other document/copies to be self certified by the investor and certifiedby AMFI certified distributor (with ARN affixed).

5. Applications without required documents will be liable to be rejected.

With effect from January 01, 2008 PAN Copy mandatory for all applicable transations.d) How to applyApplication forms for sale of units will be available with all offices ofdistributors, the registrar, the corporate office of the AMC, and at the specifiedInvestor Service Centres and specified bank collection centres.

Application forms complete in all respects, accompanied by the amount ofinvestment by means of a cheque/demand draft are to be submitted at thespecified collection centres before closure of the NFO. A complete list ofcollection centres is enclosed elsewhere.

As per the directives issued by SEBI, it is mandatory for applicants to mentiontheir bank name, address and account numbers in their applications forpurchase of units/requests for redemption.

Kindly retain the acknowledgement slip initialled/stamped by the collectingauthority.

e) Mode of PaymentThe payment may be made by any of the following modes:

i. By a cheque payable locally and drawn on any bank which is a memberof the bankers clearing house located at the place where the applicationform is submitted; or

ii. By demand draft payable at the place where the application form issubmitted, from applicants residing at places where there is no collectioncentres for this Scheme.

iii. The bank charges/commission as per SBI guidelines for DD charges maybe deducted from the amount of investment. Such bank charges/commission will be treated as eligible expenses debited to the Schemewithin the expenses limits laid out under the regulations. As of now, theDD charges applicable for an investment of less than Rs 10,000 will beRs 30. For sums exceeding Rs 10,000, the demand draft charges

applicable will be Rs 3.50 per thousand subject to a minimum of Rs 50and a maximum of Rs 12,500. These are subject to change based on SBIguidelines in this regard.

iv. iv. In case of NRIs and Persons of Indian Origin residing abroad, paymentmay be made by Indian Rupee Drafts payable at Chennai, purchasedabroad or by cheque/DD payable at Chennai, drawn on Non-resident(External) account, FCNR account maintained with the banks authorisedto deal in Foreign Exchange in India.

All cheques/ demand drafts should be drawn in favour of ‘SUNDARAM BNPPARIBAS CAPITAL PROTECTION ORIENTED FUND SERIES I – 5 Years’ andcrossed ‘Account Payee only’. Please note that cash, stock invest, moneyorders and postal orders will not be accepted.

f) RefundsIn accordance with the Regulations, if the fund fails to collect the minimumsubscription , the Scheme shall be liable to refund the money received to theapplicants.

Further, refund of application money to applicants whose applications areinvalid for any reason whatsoever will commence immediately after theallotment is completed. Refunds will be completed within six weeks of theclose of the New Fund Offer Period. If the Scheme refunds the amount aftersix weeks, interest at 15% per annum shall be paid by the AMC.

Refund orders will be marked 'Account Payee Only' and payable in the nameof the sole/first applicant. All refund cheques will be sent by Registered PostA.D. It is mandatory for every applicant to provide his bank name, branchname and account number in their application for purchase/redemption ofunits.

The investor is aware that the mutual fund needs to use intermediaries suchas post office, local and international couriers, banks and other intermediariesfor correspondence with the investor and for making payments to theinvestors by cheques, drafts, warrants, through ECS etc.

The Investor expressly agrees and authorises the mutual fund to correspondwith the investor or make payments to the investor through intermediariesincluding but not limited to post office, local and international couriers andbanks. The investor clearly understands the mutual fund uses suchintermediaries are agents of the investor and not the mutual fund. The Mutualfund is not responsible for delayed receipt or non-receipt of anycorrespondence or payment through such intermediaries.

On Going subscription and redemption:The scheme being a closed ended scheme, no subscription/switchin will beallowed on an ongoing basis. Similarly as the scheme intends to redeem onlyon maturity, no redemption/switchout will be allowed till the maturity of thescheme.

g) AllotmentAllotment of units in the Scheme would be at the discretion of the Trustees.Allotments are assured to all applicants provided the applications arecomplete in all respects and are in order. The despatch of certificates/accountstatements/refund warrants (if any) will be made within 30 days from the dateof closure of the subscription list

h) LiquidityThere will be no repurchase facility. SEBI regulation exempts capital-protection oriented schemes from listing. The Trustees may at their solediscretion decide to list the scheme at one or more stock exhanges at a laterdate.

i) Redemption on maturityOn maturity, the units of the fund will be redeemed at NAV-based prices.

As per SEBI Regulations, the warrant shall be mailed within ten working daysfrom the date of maturity. However, under normal circumstances, the AMCwill endeavour to dispatch the proceeds at maturity within five working days.In case of delay in dispatch of redemption proceeds within the periodspecified in sub-clause (b) of the Regulation 53, the AMC is liable to payinterest to the unit holders at such rate as may be specified by SEBI

In order to protect the interest of the investors from fraudulent encashment ofredemption cheques, the current SEBI guidelines provide that redemptioncheques are to specify the name of the investor and the bank name andaccount number where the cheque is to be credited. Hence investors areadvised in their interest to provide the name of the bank, branch address, andaccount type and account number for remittance of proceeds at maturity.

Sundaram BNP Paribas Mutual Fund/Sundaram BNP Paribas AssetManagement Company Limited will not be responsible for any loss arising outof fraudulent encashment of cheques and delay/lost in transit.

17

Further the investor is aware that the mutual fund needs to use intermediariessuch as post office, local and international couriers, banks and otherintermediaries for correspondence with the investor and for making paymentsto the investors by cheques, drafts, warrants, through ECS etc.

The Investor expressly agrees and authorises the mutual fund to correspondwith the investor or make payments to the investor through intermediariesincluding but not limited to post office, local and international couriers andbanks. The investor clearly understands the mutual fund uses suchintermediaries are agents of the investor and not the mutual fund. The Mutualfund is not responsible for delayed receipt or non-receipt of anycorrespondence or payment through such intermediaries.

j) Mode of Payment of Redemption Proceeds

The AMC proposes to use a variety of methods to effect redemptions to theinvestors. In choosing the payment method for any specific investor, the AMCwill endeavour to see which method would best suit the investor, taking intoconsideration the banking facilities available, the level of technologyemployed by different banks and the investor’s preference.

The AMC will constantly review the options in use and new options that mayemerge for making payment for redemptions and alter the paymentmechanisms to best serve the investors. In this endeavour, at all points of time,the objective of the AMC will be to ensure speedy and safe payment to theinvestors, in a manner most convenient and cost effective to them.

For the present, the AMC proposes to make redemption payments by thefollowing methods.

- Direct Credits

Some banks have adopted a level of technology that enables them to creditthe proceeds to the accounts of the account holders electronically. Forinvestors who have accounts with such banks, the AMC will, in consultationwith the banks and under advice to Unit holders, directly credit the accountsof the investors based on the account details provided by them to the AMC.Currently, this would probably be the quickest and safest method for aninvestor to receive payments due to him. The following banks have confirmedthat they can extend this facility to the Unit holders in the Scheme:

1) ABN AMRO Bank 7) IDBI Bank2) BNP Paribas 8) Kotak Mahindra Bank3) Citi Bank 9) Standard Chartered Bank4) HDFC Bank 10) UTI Bank5) HSBC Bank 11) YES Bank6) ICICI BankAn investor having an account with any of the above banks may provide thecomplete and correct account details to the AMC for direct credit ofredemptions.

The AMC may exclude any bank participating in this arrangement based onits experience in dealing with the bank or add to the list a bank that may beable to provide this facility to the satisfaction of the AMC.

The investor has a choice of changing his option about the method ofreceiving the redemptions if he/she so desires. For this purpose, the investorhas to communicate the change in details to the AMC or to its CustomerService Centres.

- Warrants/Payable-at-par cheques

The AMC will make arrangement with banks to issue redemption chequespayable-at-par or pay orders at the designated centres as notified in theapplication form. The AMC will endeavour to increase the number oflocations where such warrants are payable-at-par. However, if an investorresides at a centre outside the locations, then the instrument will be issued tobe payable at par at the centre nearest to where the investor resides. The costof clearing these instruments from such nearest centre will be borne by theinvestor.

As prescribed by SEBI and in order to protect the interests of the investors, itis mandatory for the investors to provide their full bank details for the AMC tomake dividend payment.

Redemption by NRIs

The redemption proceeds to NRI investors will be paid by a Rupee Chequepayable to the NRIs or by a Foreign Currency draft drawn at the then currentrates of exchange less bank charges thereof in accordance with RBIprocedures and approvals.

The fund will not be liable for any delays / for any loss on account of anyexchange fluctuations, while converting the rupee amount in foreignexchange in the case of transactions with NRIs.

In terms of the Schedule 5 of Notification no. FEMA 20/2000 dated 19th May2000 issued under the Foreign Exchange Management Act, 1999 (FEMA) theRBI has granted general permission to NRIs who have purchased units issuedby Mutual Funds in accordance with the aforesaid notification to tender unitsto the mutual funds for repurchase or for the payment of maturity proceeds.

For the purpose of this section, the term 'mutual funds' is as referred to inClause 23(D) of Section 10 of Income-Tax Act 1961.

Other modes of payment

The AMC would constantly endeavour to make the transaction processingconvenient and cost-effective for the investors. The AMC may choose for anyinvestor that method of making the dividend payments and redemptions fromamong the options available, that in the AMC’s discretion it appears bestsuited to the investor’s position at any point of time. The AMC may alsoexplore other innovative and convenient methods of making payments whensuch options become available with the help of technology or otherinfrastructure created by appropriate service providers.

k) Listing

SEBI regulation exempts capital-protection oriented schemes from listing. TheTrustees may at their sole discretion decide to list the scheme at one or morestock exhanges at a later date.

l) Transfer

The units of SUNDARAM BNP PARIBAS CAPITAL PROTECTION ORIENTEDFUND SERIES I – 5 Years are freely transferable by act of parties or byoperation of law. For affecting a transfer the applicable transfer, form(s) shallbe duly stamped and signed by all the unit holders and submitted along withthe relevant unit certificate(s). The Asset Management Company shall onproduction of instrument of transfer together with the relevant unit certificates,register the transfer and return the unit certificates to the transferee withinthirty days from the date of lodgement of transfer request at the office of theRegistrar.

m) Transmission

In case the Unit holder holds units in a single name, units shall be transmittedin favour of the nominee where the Unit holder has appointed a nomineeupon production of Death Certificate or any other documents to thesatisfaction of the Fund, AMC or Registrar. If the Unit holder has not appointeda nominee, the units shall be transmitted in favour of the unit holder’sexecutor/administrator of its estate/legal heir(s) as the case may be onproduction of the Death Certificate or any other documents to the satisfactionof the Fund/AMC/Registrar. In case more than one registered Unit holderholds units, then upon death of the first Unit holder, units shall be transmittedto the second Unit holder on production of the necessary documents,including Death Certificate. The rights in the units will vest in the nomineeupon the death of all Joint Unit Holders upon the nominee producing theDeath Certificate or any other document to the satisfaction of theFund/AMC/Registrar.

n) Switching

(i) Switching from any other open-ended Schemes of the Sundaram BNPParibas Mutual Fund

Investors who hold units in any other open ended funds of the Sundaram BNPParibas Mutual Fund, may switch all or part of their holdings to the Schemeunder this offer document only during the New Fund Offer period.

Switch outs to other open-end funds of Sundaram BNP Paribas Mutual Fundwill be permitted only on the maturity date of the Scheme.

o) Suspension of Sale/ Repurchase of units:

The sale/repurchase of the units of the Scheme may be suspended temporarilyor indefinitely under any of the following circumstances:

• During the period of Book closure, if any• Stock markets stop functioning or trading is restricted• Periods of extreme volatility in the stock markets, which in the opinion of

the Investment Manager is prejudicial to the interest of the unit holders.• A complete breakdown or dislocation of business in the major financial

markets• Natural calamities

18

• Declaration of war or occurrence of insurrection, civic commotion or anyother serious or sustained financial, political or industrial emergency ordisturbance.

• SEBI, by order, so directs.In the above circumstances, the time limits indicated, for processing requestsfor purchase and repurchase of units will not be applicable.

Suspension or restriction of repurchase/redemption facility shall be made onlyafter approval by the Board of Directors of the AMC and the Trustee, Theapproval of the Trustee giving circumstances justifying the suspension shall beconveyed to SEBI in advance

o) Nomination Facility

In terms of Regulation 29A of the SEBI Regulations, the AMC will provide anoption to investors, being individuals, to nominate a person in whom the unitswill vest upon the death of the investor. Joint holders may together nominatea person as a nominee. It must be understood that by providing this facility,the AMC is not declaring the nominee as the person entitled to the units uponthe death of unit holder nor does the AMC purport to confer or grant any rightsother than those available under law to the nominee. The nominee receivesthe units (subject to the rights of any subsisting charge holder) only as anagent/trustee of the person who is entitled to them under law.

Where a nominee is a minor, the unit holder shall provide the name andaddress of the guardian of the minor nominee. Only an individual providedhe/she is otherwise not disqualified to own the units can be a nominee.Transmission of units (subject to the rights of any charge holder) to thenominee will constitute full discharge of the obligations of the AMC/Trustee,towards the estate/legal heirs/ successors of the deceased unit holder.

An NRI can be nominated on a non-repatriable basis only. Applicants canchange the nomination at any time during the periodicity of their holding inthe Scheme.

Non-individuals including Societies, Trusts, Body Corporate, PartnershipFirms, Karta of Hindu Undivided Family, Association of Persons (AOP), Bodyof Individuals (BOI), Holders of Power of Attorney can neither nominate or bea nominee

The nomination facility is subject to applicable laws. Investors are requestedto comply with the prescribed procedures to avail themselves of this facility,the details of which are available with the R&T agent.

p) Options offered under the Scheme

The Scheme will only have a Growth Option. It does not offer any Dividendor Bonus Option.

PART IV

1. LOAD STRUCTURE

For the present, the Board of Directors of Trustee Company has not prescribedany entry and exit load for the units to be issued:

SEBI Circular IMD/CIR No.1/64057/06 dated April 4,2006 requires that theclose-ended Schemes shall not charge any entry load. As SUNDARAM BNPPARIBAS CAPITAL PROTECTION ORIENTED FUND SERIES I – 5 Years is aclose-ended Scheme, no entry load shall be levied

2. EXPENSES

a) Initial Issue Expenses:

As per SEBI Regulations, initial issue expenses chargeable to the Scheme aresubject to a maximum of 6% of the amount collected during the Initial OfferPeriod. The Asset Management shall absorb any expenses over and above6%. As such, in the case of Sundaram BNP Paribas CAPITAL PROTECTIONORIENTED FUND Series I – 5 Years, for every Rs.100/- contributed by theinvestor, at least Rs. 94/- will be available to the Scheme for investment. Theinitial issue expenses (up to 6%) shall be amortised in the books of theScheme over five years from the date of allotment in terms of Regulations52(5) read with Tenth Schedule.

The impact of the initial issue expenses on the NAV is explained in theexample given below, in case the Scheme choose to amortise the expensesover a period of five years:

NAV COMPUTATION

Unitholders investment Rs. 100Unit face value Rs. 10No. of Units 10Initial Issue Expenses Rs. 6Amount available for investment by the Scheme Rs. 94No. of days amortisation of Initial Issue Expenses 1825 daysPer day amortisation of Initial Issue Expenses 0.0033Balance initial issue expenses, to be included in NAVs 6 -0.0033 = 5.9967NAV Day one Rs. (94+5.9967)/10 = 9.9997

b) Annual recurring expenses

The total annual recurring expenses of this Scheme excluding deferredrevenue expenditure written off, issue or redemption expenses, but includingthe investment management advisory fee shall be subject to the limitsmentioned below.

Expense Head Estimated %

Investment Management and advisory fee 1.25%Marketing & Selling expenses including Agents Commission 0.60%Registrar & Transfer Agent Fee 0.10%Custodian 0.05%Misc. Expenses including Audit Fees, Listing feesTrustees fees, cost of investor communication,Cost of fund transfer 0.25%Total 2.25%

The purpose of the above table is to assist the investor in understanding thevarious costs and expenses that an investor in the Scheme may have to bear.The above estimates have been made in good faith as per informationavailable to the Investment manager and are subject to change.

As per Regulation 52, the Asset Management Company may charge themutual fund with investment and advisory fees subject to the followingnamely: -

(i) One-and- a-quarter of one per cent of the daily average net assetsoutstanding in each accounting year for the Scheme concerned, as longas the net assets do not exceed Rs.100 crore, and

(ii) One per cent of the excess amount over Rs.100 crore, where net assets socalculated exceeds Rs.100 crore.

For Schemes launched on a no load basis, the asset management companyshall be entitled to collect an additional management fee not exceeding 1%of the weekly average net assets outstanding in each financial year.

Being a debt oriented Scheme, the total annual recurring expenses of theScheme excluding issue or redemption expenses, but including theinvestment management and advisory fee shall be lower by 0.25% and willnot exceed the limits mentioned below, in terms of Regulation 52 and theproviso to Regulation 52 of the SEBI Regulations.

The above estimates have been made in good faith as per informationavailable to the Investment manager and the above expenses are subject tochange, inter se. Being a debt-oriented Scheme, the total annual recurringexpenses of the Scheme excluding redemption expenses but including theinvestment management and advisory fee shall be lower by 0.25% and willnot exceed the limits mentioned below in terms of Regulation 52 and provisoto Regulation 52 of SEBI Regulation:

On the first Rs 100 Crore of the average weekly net assets 2.25%On the next Rs 300 Crore of the average weekly net assets 2.00%On the next Rs 300 Crore of the average weekly net assets 1.75%On the balance assets 1.50%

As per the SEBI Regulations, the total recurring expenses that can be chargedto this scheme shall be subject to the applicable guidelines. Any recurringexpense above the permitted limits will be borne by the Investment manageror by trustees or by sponsor.As per SEBI regulations, the AMC is entitled to an investment managementand advisory fee at the rate of 1.25% per annum of the weekly average net

19

assets outstanding in each accounting year for the scheme concerned, as longas the net assets do not exceed Rs. 100 crore (rupees one hundred crores only)and 1.00% of the excess amount over Rs. 100 crore (rupees one hundredcrores only), where net assets so calculated exceed Rs. 100 crore (rupees onehundred crores only). For schemes launched on a no load basis, the AMC isentitled to collect an additional management fee not exceeding 1% of theweekly average net assets outstanding in each financial year.The expenses limit as given in the warranties to the CRISIL will be adhered to.

c) Initial Issue Expenses of the latest Scheme launched:

Month/Year Scheme Amount Borne by AMC/Rs. in lakh Amortised by the

SchemeJune 04 Sundaram BNP Paribas India Leadership Fund 245 SchemeDecember 04 Sundaram BNP Paribas Floating Rate Fund 5.89 AMCJanuary 05 Sundaram BNP Paribas S.M.I.L.E Fund 1442 SchemeAugust 05 Sundaram BNP Paribas Capex opportunities Fund 2174 SchemeOctober 05 Sundaram BNP Paribas Value Plus 4.13 AMCFebruary 06 Sundaram BNP Paribas Fixed Term Plan 13.00 AMCMarch 06 Sundaram BNP Paribas Rural India Fund 5848 SchemeJune 06 Sundaram BNP Paribas Fixed Term Plan Series VI and VII 1.20 AMCSeptember 06 Sundaram BNP Paribas Fixed Term Plan Series IX 1.19 AMCOctober 06 Sundaram BNP Paribas Fixed Term Plan Series VIII 0.79 AMCNovember 06 Sundaram BNP Paribas Fixed Term Plan Series X & XI 1.21 AMCDecember 06 Sundaram BNP Paribas Fixed Term Plan Series XIV 0.93 AMCDecember 06 Sundaram BNP Paribas Fixed Term Plan Series XVII 0.53 AMCDecember 06 Sundaram BNP Paribas Fixed Term Plan Series XXI 0.53 AMCJanuary 07 Sundaram BNP Paribas Select Smallcap 1497.88 SchemeJanuary 07 Sundaram BNP Paribas Equity Multiplier Fund 2332.15 SchemeFebruary 07 Sundaram BNP Paribas Fixed Term Plan Series - XXIII 0.63 AMCFebruary 07 Sundaram BNP Paribas Fixed Term Plan Series - XXV 0.64 AMCMarch 07 Sundaram BNP Paribas Fixed Term Plan Series - XVI 0.61 AMCMarch 07 Sundaram BNP Paribas Fixed Term Plan Series - XVIII 0.60 AMCMarch 07 Sundaram BNP Paribas Fixed Term Plan Series - XIX 0.60 AMCMarch 07 Sundaram BNP Paribas Fixed Term Plan Series - XX 8.31 AMCMarch 07 Sundaram BNP Paribas Fixed Term Plan Series - XXII 0.60 AMCMay 07 Sundaram BNP Paribas Fixed Term Plan Series - XXIV 0.40 AMCMay 07 Sundaram BNP Paribas Fixed Term Plan Series - XXVI 0.39 AMC(3) CONDENSED FINANCIAL INFORMATION OF THE SCHEMESLAUNCHED DURING THE LAST THREE FISCAL YEARS:Sundaram BNP Paribas Monthly Income Plan (Amount in Rs.)

Sl.No. HISTORICAL PER 12.01.04 01.01.04 01.04.05 01.04.06UNIT STATISTICS 31.03.04 31.03.05 31.03.06 31.03.06

1. Date of allotment 19.01.2004 19.01.2004 19.01.2004 19.01.20042. NAV at the beginning

Monthly 10.00 10.09 10.2398 10.7739Quarterly 10.00 10.09 10.3614 10.8490Half-yearly 10.00 10.09 10.4987 11.7383Growth 10.00 10.09 10.7078 12.2751

3. Dividend (Rest.)Monthly (Incl Div Tax) - 0.66765 1.5272 1.4223Quarterly - 0.46229 1.9162 0.9629Half-yearly - 0.46229 0.4279 2.4197Growth - - - -

4. Transfer to reserves - - - -5. NAV at the end (Rest.)

Monthly 10.09 10.2398 10.7739 9.9708Quarterly 10.09 10.3614 10.8490 10.2870Half-yearly 10.09 10.4987 11.7383 10.5479Growth 10.09 10.7078 12.2751 12.5819

6. Annualised Return(Since inception) 0.09%# 5.62% 9.69% 7.45%

7. Benchmark returns $ 0.90% 6.96% 6.00% 5.93%8. Net Assets at the end of the

period (Rs. in crore) 247.21 76.65 48.03 44.149. Ratio of recurring expenses to

Average Net Assets 2.04% 2.21% 1.94% 2.08%10. Net income (per unit) 0.0891 0.85 1.71 1.1775# - Absolute Return $ - CRISIL MIP Blended Index

Sundaram BNP Paribas Floating Rate Fund – Short Term Plan (Amount in Rs)

Sl.No HISTORICAL PER UNIT STATISTICS 30.12.04 01.04.05 01.04.06

31.03.05 31.03.06 31.03.07

1. Date of allotment 30.12.2004 30.12.2004 30.12.2004

2. NAV at the beginning - Regular

Monthly 10.00 10.1297 10.1882

Growth 10.00 10.1297 10.6986

NAV at the beginning - Institutional

Daily 10.00 10.0519 10.0519

Weekly 10.00 10.1196 10.2228

Monthly 10.00 10.1365 10.2126

Growth 10.00 10.1365 10.7176

3. Dividend - Regular - Monthly 0.0676 0.4312 0.89066

Dividend -Institutional - Daily 0.08296 0.7317 -

Weekly 0.01407 0.04157 -

Monthly 0.0349 0.9017 0.96721

Quarterly - 0.0877 -

4. Transfer to reserves - - -

5. NAV at the end - Regular - Monthly 10.1297 10.1882 10.1825

Growth 10.1297 10.6986 11.3496

NAV at the end- Institutional - Daily 10.0519 10.0519 10.0519

Weekly 10.1196 10.2228 NIL

Monthly 10.1365 10.2126 10.2053

Growth 10.1365 10.7176 11.4830

6. Return - Regular - $ 0.41% 5.47 7.93%

Institutional $ 0.43% 6.05 8.48%

7. Benchmark returns $ - Regular

(CRISIL Liquid Fund Index) 0.37% 5.88 8.28%

Institutional $ 0.37% 5.73 8.28%

8. Net Assets at the end of the

period (Rs. in crore) 129.05 128.88 106.97

9. Ratio of recurring expenses to

Average Net Assets-Regular 1.01% 1.02% 1.00%

Institutional 0.73% 0.46% 0.43%

10. Net income (per unit) 0.175 1.06 1.1054

$- Last one month returns

20

Sundaram BNP Paribas Floating Rate Fund – Long Term Plan (Amount in Rs)

Sl.No HISTORICAL PER UNIT STATISTICS 30.12.04 01.04.05 01.04.06

31.03.05 31.03.06 31.03.07

1. Date of allotment 30.12.2004 30.12.2004 30.12.2004

2. NAV at the beginning - Regular

Monthly 10.00 10.1217 10.2532

Quarterly 10.00 10.1217 10.2271

Half Yearly 10.00 10.1217 10.3776

Annual 10.00 10.1217 10.6162

Growth 10.00 10.1217 10.6187

NAV at the beginning - Institutional

Monthly 10.00 10.1220 10.2516

Quarterly 10.00 10.1220 -

Growth 10.00 10.1220 10.6185

3. Dividend - Regular - Monthly 0.06264 0.3598 1.0166

Regular- Quarterly - - 0.6472

Regular- Half Yearly - - 0.9060

Regular- Annual - - 1.2984

Dividend -Institutional - Monthly 0.03044 0.3050 0.3107

Dividend - Institutional - Quarterly - 0.2861 -

4. Transfer to reserves - - -

5. NAV at the end - Regular - Monthly 10.1217 10.2532 10.2825

Quarterly 10.1217 10.2271 10.2323

Half - Yearly 10.1217 10.3776 10.4870

Annual 10.1217 10.6162 10.4832

Growth 10.1217 10.6187 11.3038

NAV at the End- Institutional - Monthly 10.1220 10.2516 10.2872

Quarterly 10.1220 - -

Growth 10.1220 10.6185 13.2526

6. Annualised Return - Regular

(Since inception) 0.39% 4.95 5.60%

Institutional 0.39% 4.95 13.34%

7. Benchmark returns - Regular

(CRISIL Composite Bond Fund Index) 0.37% 2.79 3.78%

Institutional 0.37% 2.79 3.78%

8. Net Assets at the end of the

period (Rs. in crore) 15.59 13.71 6.88

9. Ratio of recurring expenses to

Average Net Assets—Regular 1.00% 1.00% 1.00%

Institutional 1.00% 1.00% 1.00%

10. Net income (per unit) 0.176 0.4723 0.9623

Sundaram BNP Paribas Value Plus (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 04.12.05 01.04.06

31.03.06 31.03.07

1. Date of allotment 04.12.2005 04.12.2005

2. NAV at the beginning 10.00 -

Growth 10.00 10.6566

3. Dividend (Rs.) - -

4. Transfer to reserves - -

5. NAV at the end (Rs.)

Growth 10.6566 10.8224

6. Return (Since inception) # 6.56 6.17%

7. Benchmark returns $ 3.58 6.81%

8. Net Assets at the end of the

period (Rs. in crore) 3.74 3.58

9. Ratio of recurring expenses to

Average Net Assets 0.78% 0.73%

10. Net income (per unit) 0.16 1.0584

# Absolute Return $ - CRISIL MIP Blended Fund index

Sundaram BNP Paribas Fixed Term Plan – Series 3 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 24.02.06 01.04.06

31.03.06 31.03.07

1. Date of allotment 24.02.2006 24.02.2006

2. NAV at the beginning

Growth 10.00 10.0766

Dividend 10.00 10.0766

3. Dividend (Rs.) - 0.7901

4. Transfer to reserves - -

5. NAV at the end (Rs.)

Dividend 10.0766 10.8952

Growth 10.0766 10.8952

6. Return (Since inception) # 0.766 8.21%

7. Benchmark returns $ -0.17 6.70%

8. Net Assets at the end of

the period (Rs. in crore) 24.02 25.97

9. Ratio of recurring expenses

to Average Net Assets 0.26% 0.26%

10. Net income (per unit) 0.077 0.0533

# - Absolute Return $- CRISIL Composite Bond Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 6 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 30.06.06

09.10.06

1. Date of allotment 30.06.2006

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) -

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.0000

Growth 10.1920

6. Return (Since inception) # 1.98%

7. Benchmark returns $ 1.57%

8. Net Assets at the end of the period (Rs. in crore) -

9. Ratio of recurring expenses to Average Net Assets 0.17%

10. Net income (per unit) 0.1974

# - Absolute Return $- CRISIL Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 7 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 30.06.06

06.08.06

1. Date of allotment 30.06.2006

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) -

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.6034

Growth 10.6034

6. Return (Since inception) # 8.12%

7. Benchmark returns $ 3.58%

8. Net Assets at the end of the period (Rs. in crore) 15.27

9. Ratio of recurring expenses to Average Net Assets 0.27%

10. Net income (per unit) 0.6041

# - Absolute Return $- CRISIL Composite Bond Fund Index

21

Sundaram BNP Paribas Fixed Term Plan – Series 8 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 11.10.0609.11.06

1. Date of allotment 11.10.20062. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0000Growth 10.0601

6. Return (Since inception) # 0.60%7. Benchmark returns $ 0.46%8. Net Assets at the end of the period (Rs. in crore) -9. Ratio of recurring expenses to Average Net Assets 0.12%10. Net income (per unit) 0.0601

# - Absolute Return $- CRISIL Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 9 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 28.09.0628.12.06

1. Date of allotment 28.09.20062. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0000Growth 10.1847

6. Return (Since inception) # 1.85%7. Benchmark returns $ 1.42%8. Net Assets at the end of the period (Rs. in crore) -9. Ratio of recurring expenses to Average Net Assets 0.12%10. Net income (per unit) 0.1857

Sundaram BNP Paribas Fixed Term Plan – Series 10 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 13.11.0612.12.06

1. Date of allotment 13.11.20062. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0000Growth 10.0650

6. Return (Since inception) # 0.65%7. Benchmark returns $ 0.45%8. Net Assets at the end of the period (Rs. in crore) -9. Ratio of recurring expenses to Average Net Assets 0.12%10. Net income (per unit) 0.0650

# - Absolute Return $- CRISIL Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 11 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 13.11.0612.02.07

1. Date of allotment 13.11.20062. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0000Growth 10.2002

6. Return (Since inception) # 2.00%7. Benchmark returns $ 1.59%8. Net Assets at the end of the period (Rs. in crore) -9. Ratio of recurring expenses to Average Net Assets 0.12%10. Net income (per unit) 0.2002

# - Absolute Return $- CRISIL Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 14 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 13.12.0613.03.07

1. Date of allotment 13.12.20062. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0000Growth 10.1947

6. Return (Since inception) # 1.93%7. Benchmark returns $ 1.59%8. Net Assets at the end of the period (Rs. in crore) -9. Ratio of recurring expenses to Average Net Assets 0.12%10. Net income (per unit) 0.1660

# - Absolute Return $- CRISIL Composite Bond Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 16 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 14.03.0731.03.07

1. Date of allotment 14.03.20072. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0062Growth 10.0533

6. Return (Since inception) # 0.50%7. Benchmark returns $ 0.41%8. Net Assets at the end of the period (Rs. in crore) 118.809. Ratio of recurring expenses to Average Net Assets 0.12%10. Net income (per unit) 0.0533

# - Absolute Return $- CRISIL Composite Bond Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 17 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 27.12.0627.03.07

1. Date of allotment 27.12.20062. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0000Growth 10.2153

6. Return (Since inception) # 2.13%7. Benchmark returns $ 1.68%8. Net Assets at the end of the period (Rs. in crore) -9. Ratio of recurring expenses to Average Net Assets 0.12%10. Net income (per unit) 0.2155

# - Absolute Return $- CRISIL Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 18 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 22.03.0731.03.07

1. Date of allotment 22.03.20072. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 10.0269Growth 10.0269

6. Return (Since inception) # 0.24%7. Benchmark returns $ 0.15%8. Net Assets at the end of the period (Rs. in crore) 69.759. Ratio of recurring expenses to Average Net Assets 0.42%10. Net income (per unit) 0.0193

# - Absolute Return $- CRISIL Short Term Bond Fund Index

22

Sundaram BNP Paribas Fixed Term Plan – Series 19 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 16.03.07

31.03.07

1. Date of allotment 16.03.2007

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) -

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.0399

Growth 10.0399

6. Return (Since inception) # 0.40%

7. Benchmark returns $ 0.26%

8. Net Assets at the end of the period (Rs. in crore) 91.77

9. Ratio of recurring expenses to Average Net Assets 0.41%

10. Net income (per unit) 0.0361

# - Absolute Return $- CRISIL Short Term Bond Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 20 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 28.03.07

31.03.07

1. Date of allotment 28.03.2007

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) -

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.00

Growth 10.00

6. Return (Since inception) # -

7. Benchmark returns $ -

8. Net Assets at the end of the period (Rs. in crore) 50.93

9. Ratio of recurring expenses to Average Net Assets 0.40%

10. Net income (per unit) 0.0140

# - Absolute Return $- CRISIL Short Term Bond Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 21 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 29.12.06

31.03.07

1. Date of allotment 29.12.2006

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) 0.3298

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.1858

Growth 10.1858

6. Return (Since inception) # 1.86%

7. Benchmark returns $ 0.91%

8 Net Assets at the end of the period (Rs. in crore) 70.32

9. Ratio of recurring expenses to Average Net Assets 0.35%

10. Net income (per unit) 0.1319

# - Absolute Return $- CRISIL Short Term Bond Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 22 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 29.03.07

31.03.07

1. Date of allotment 29.03.2007

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) -

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.00

Growth 10.00

6. Return (Since inception) # -

7. Benchmark returns $ -

8 Net Assets at the end of the period (Rs. in crore) 287.37

9. Ratio of recurring expenses to Average Net Assets 0.12%

10. Net income (per unit) 0.0104

# - Absolute Return $- CRISIL Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 23 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 13.02.07

31.03.07

1. Date of allotment 13.02.2007

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) 0.1045

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.1218

Growth 10.1218

6. Return (Since inception) # 1.22%

7. Benchmark returns $ 4.73%

8. Net Assets at the end of the period (Rs. in crore) 276.51

9. Ratio of recurring expenses to Average Net Assets 0.12%

10. Net income (per unit) 0.1245

# - Absolute Return $- CRISIL Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan – Series 25 (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 05.03.07

31.03.07

1. Date of allotment 05.03.2007

2. NAV at the beginning

Growth 10.00

Dividend 10.00

3. Dividend (Rs.) 0.0716

4. Transfer to reserves -

5. NAV at the end (Rs.)

Dividend 10.0845

Growth 10.0845

6. Return (Since inception) # 0.85%

7. Benchmark returns $ 0.59%

8. Net Assets at the end of the period (Rs. in crore) 196.62

9. Ratio of recurring expenses to Average Net Assets 0.12%

10. Net income (per unit) 0.0874

# - Absolute Return $- CRISIL Liquid Fund Index

23

Sundaram BNP Paribas India Leadership Fund (Amount in Rs)

Sl.No. HISTORICAL PER UNIT STATISTICS 02.07.04 01.04.05 01.04.0631.03.05 31.03.06 31.03.07

1 Date of allotment 02.07.2004 02.07.2004 02.07.20042 NAV at the beginning

Dividend 10.00 11.2217 17.4221Growth 10.00 13.7713 27.7691

3 Transfer to reserves - - -4 Dividend 2.50 4.00 3.005 NAV at the end (Rs.): Dividend 11.2217 17.4221 13.3710

Growth 13.7713 27.7691 27.41256 Annualised Return (Since inception) 37.52% 79.54% 44.60%7 Benchmark returns (S&PCNX Nifty) 30.64% 57.64% 39.51%8 Net Assets at the end of

the period (Rs. in crore) 79.68 274.06 268.239 Ratio of recurring expenses

to Average Net Assets 2.19% 2.43% 2.34%10 Net income (per unit) 1.75 1.67 2.41

Sundaram BNP Paribas S.M.I.L.E. Fund (Amount in Rs)

Sl.No. HISTORICAL PER UNIT STATISTICS 02.07.04 01.04.05 01.04.0631.03.05 31.03.06 31.03.07

1. Date of allotment 15.02.2005 15.02.2005 15.02.20052. NAV at the beginning

Dividend 10.00 10.0715 14.9073Growth 10.00 10.0724 17.2667

3. Dividend (Rs.) - 2.00 1.004. Transfer to reserves - - -5. NAV at the end (Rs.)

Dividend 10.0715 14.9073 12.8437Growth 10.0724 17.2667 17.0628

6. Annualised Return (Since inception) -0.4% 62.81 29.36%7. Benchmark returns (BSE 500) -2.03% 52.50 26.46%8. Net Assets at the end of the

period (Rs. in crore) 352.18 280.08 178.739. Ratio of recurring expenses

to Average Net Assets 2.13% 2.33% 2.36%10. Net income (per unit) 0.07 5.37 4.33

# - Absolute Return $ - BSE 500

Sundaram BNP Paribas CAPEX Opportunities Fund – Growth(Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 29.09.05 01.04.0631.03.06 31.03.07

1. Date of allotment 29.09.2005 29.09.20052. NAV at the beginning 10.00 -

Growth 10.00 14.91133. Dividend (Rs.) - -4. Transfer to reserves - -5. NAV at the end (Rs.)

Growth 14.9113 15.74916. Return (Since inception) 49.11 35.63%7. Benchmark returns (BSE Capital Goods Index) 65.67 50.55%8 Net Assets at the end of

the period (Rs. in crore) 281.75 211.369. Ratio of recurring expenses

to Average Net Assets 2.35% 2.35%10. Net income (per unit) 1.18 2.59

# - Absolute Returns based on NAV at the end $ BSE Capital Goods Index

Sundaram BNP Paribas CAPEX Opportunities Fund - Dividend (Amount in Rs.)

Sl.No. HISTORICAL PER UNIT STATISTICS 29.09.05 01.04.0631.03.06 31.03.07

1. Date of allotment 29.09.2005 29.09.20052. NAV at the beginning 10.00 -

Dividend 10.00 13.96473. Dividend (Rs.) 1.00 -4. Transfer to reserves - -5. NAV at the end (Rs.) Dividend 13.9647 14.68496. Return (Since inception) 39.65 35.25%7. Benchmark returns BSE Capital Goods Index 65.67 50.55%8. Net Assets at the end of

the period (Rs. in crore) 499.74 344.779. Ratio of recurring expenses

to Average Net Assets 2.27% 2.30%10. Net income (per unit) 1.56 2.98

# - Absolute Returns based on NAV at the end $ BSE Capital Goods Index

Sundaram BNP Paribas RURAL INDIA Fund (Amount in Rs)

Sl.No. HISTORICAL PER UNIT STATISTICS 12.05.0631.03.07

1. Date of allotment 12.05.20062. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) 1.004. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 9.7249Growth 10.6592

6. Return (Since inception) # 6.59%7. Benchmark returns (BSE 500) 0.52%8 Net Assets at the end of the period (Rs. in crore) 809.919. Ratio of recurring expenses to Average Net Assets 2.00%10. Net income (per unit) 1.14# - Absolute Return $- BSE 500Sundaram BNP Paribas Small Cap (Amount in Rs)

Sl.No. HISTORICAL PER UNIT STATISTICS 22.02.0731.03.07

1. Date of allotment 22.02.20072. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 9.9005Growth 9.9005

6. Return (Since inception) # -1.22%7. Benchmark returns (BSE 500) -6.28%8 Net Assets at the end of the period (Rs. in crore) 298.109. Ratio of recurring expenses to Average Net Assets 2.33%10. Net income (per unit) 0.0826# - Absolute Return $- BSE Small Cap IndexSundaram BNP Paribas Equity Multiplier (Amount in Rs)

Sl.No. HISTORICAL PER UNIT STATISTICS 27.02.0731.03.07

1. Date of allotment 27.02.20072. NAV at the beginning

Growth 10.00Dividend 10.00

3. Dividend (Rs.) -4. Transfer to reserves -5. NAV at the end (Rs.)

Dividend 9.8095Growth 9.8095

6. Return (Since inception) # -2.15%7. Benchmark returns (BSE 500) -4.89%8 Net Assets at the end of the period (Rs. in crore) 539.529. Ratio of recurring expenses to Average Net Assets 2.23%10. Net income (per unit) 0.0399# - Absolute Return $- S & P CNX Mid Cap IndexNote:1. Annualised returns reported in the tables above are calculated with the

inception NAV taken at Rs.10, the face or par value of the Unit at the timeof allotment. Any dividends paid by the Scheme have been assumed asreinvested in units of the Scheme at the ex-dividend NAV for the purposeof calculating the annualised returns.

2. The Net unrealized appreciation and depreciation is excluded for thepurpose of calculating the Net income per unit.

3. Past Performance may or may not be sustained in future and may notnecessarily provide a basis for comparison with other investments.

4. All Dividends inclusive of Corporate and Non Corporate Dividendwherever applicable.

PE 31.03.2007 figures were unaudited

24

PART V

(1) INVESTOR’S RIGHTS AND SERVICES

(a) Investor Services

Prospective investors and existing unit holders are welcome to contact theInvestor Relationship Manager at the Corporate Office of the AMC for anyfurther information about the Schemes of the Mutual Fund and for any serviceconcerning their investments in the Schemes of the Mutual Fund.The address and phone numbers are:

S BalasubramanianHead – Transaction Processing & Customer ServiceSundaram BNP Paribas Asset Management Company LimitedCorporate OfficeSundaram Towers II Floor46 Whites RoadRoyapettah Chennai 600014Phone (91) (44) 28583362, 28583367Fax (91) (44) 2858315624-Hour Response: (91) (044) 28585607

The Fund ensures to complete all monetary transactions within ten workingdays from the date of receipt at the Investor Service Centres. Non-monetarytransactions and requests will be processed within ten days of receipt at anyof the Investor Service Centres.

(b) Information about the Scheme

An abridged Scheme-wise annual report shall be mailed to all unit holderswithin six months from March 31 of each year. The abridged report shallcontain such details as are required under the SEBI Regulations.The AMC will also disclose the NAV of the Scheme on all working days.Transparency will be maintained through half-yearly disclosure of theestablished portfolio of the Scheme through newsletters or publish innewspapers.The AMC will also publish the NAV of the Units of this Scheme as per SEBIregulations.

(c) Account Statements

Each unit holder will be sent a non-transferable Account Statement, which isa conclusive proof of investment in the Schemes of the Mutual Fund. TheAMC will endeavour to forward the account statement within ten workingdays from the closure of the subscription.. Investors are urged to preserve theAccount Statement carefully as it is a valuable document.

(d) NAV Information

The NAV will be computed on Wednesday of every week (if in exceptionalcircumstances, this is not possible or if Wednesday is not a Working Day, theNAV will be computed on the next working day). The NAV will be updatedon the AMFI website (www.amfiindia.com) every Wednesday and be madeavailable for public information at the Corporate office of the AMC. The unitholders and all prospective investors can obtain the latest NAV information,by calling the Corporate Office of the AMC or any of the designated InvestorService Centres. The NAV can also be accessed onwww.sundarambnpparibas.in and www.amfiindia.com

(e) Disclosure of information under the Regulations

The full annual report shall be available for inspection at the corporate officeof the Mutual Fund and a copy thereof shall be made available to the unitholder on payment of Rs.10/-. The abridged Scheme-wise annual report shallbe mailed to all Unit holders not later than six months from the date of closureof the relevant accounting year. The Scheme wise abridged annual reports arealso displayed on the website of the mutual fund.The Mutual Fund and the AMC shall before expiry of one month from theclose of each half year, i.e. March 31 and September 30, publish theunaudited financial results in one English newspaper circulating in the wholeof India and in a Tamil newspaper published from Chennai. These shall alsobe displayed on the websites of the mutual fund and that of the Associationof Mutual Funds in India (AMFI). Full portfolio in the prescribed format shallalso be disclosed either by publishing it in the newspapers or by sending tothe unit holders within one month from end of each half-year and it shall alsobe displayed on the web site of Sundaram BNP Paribas Mutual Fund.The Scheme shall publish, before expiry of one month from the close of eachhalf year, that is on March 31 and September 30, its Scheme portfolio in theprescribed format as per SEBI Regulations in one national English daily

newspaper and in a newspaper in the language of the region where the HOof the Mutual Fund is situated or send a copy to all the unit holders and it shallalso be displayed on the web site of the Mutual Fund.The annual report containing the accounts of the AMC shall be displayed onthe website of the AMC. Unit holders, if they so desire, may request for theannual report of the AMC.

(f) Rights of Unit holders of the Scheme

• Unit holders of the Scheme have a proportionate right in the beneficialownership of the assets of the Scheme and dividend if any declared by theMutual Fund under the Scheme.

• When a dividend is declared under this Scheme, the dividend option unitholders are entitled to the despatch of the dividend warrant within 30days from the date of declaration of dividend.

• Unit holders are entitled to the despatch of redemption proceeds within10 working days from the date of redemption. If the payment is not madewithin the period stipulated in the regulations, unitholder shall be paidinterest @ 15% p.a. for the delayed period.

• The Trustees is bound to make such disclosures to the unit holders as areessential in order to keep them informed about any information, knownto the Board of Trustees, which may have an adverse bearing on theirinvestments.

• The appointment of the AMC for the Scheme can be terminated by amajority of the Trustees or by three-fourths of the unit holders of theScheme.

• Three-fourths of the unit holders can pass a resolution to wind up theScheme.

• The unit holders have the right to inspect all the documents listed under“Documents Available for Inspection” stated elsewhere in this document.

• The Trustees shall obtain the consent of the unit holders:(i) Whenever required to do so by SEBI, in the interest of the unit

holders;(ii) Whenever required to do so on the requisition made by 75% of the

unit holders of the Scheme;(iii) When the Board of Trustees decides to wind up or prematurely

redeem the units of the Scheme;(iv) When any change in the fundamental attribute of this Scheme or the

trust or fees and expenses payable or any other change which wouldmodify the Scheme or affect the interest of the unit holders, isproposed to be carried out, no change shall be carried out unlessa) a written communication about the proposed change is sent out

to each unit holder and an advertisement is given in one Englishdaily newspaper having nation wide circulation as well as in anewspaper published in the language of the region where theHead office of the mutual fund is situated; and

b) the unit holders are given an option to exit at the prevailing NAVwithout any exit load.

[Note: For the purpose of this clause, Fundamental Attributes mean theInvestment Objective and Terms of this Scheme].

(g) Procedure and Manner of Obtaining Investors Approval in SpecifiedCircumstances

In circumstances requiring the approval of unit holders, the AMC shall beguided by the directions issued by SEBI and the Board of Trustees, under theRegulations, in regard to the manner of obtaining such approval. Further,those unit holders who have not given their consent or have not respondedshall be allowed to redeem their holdings in full in the Scheme at any time atthe NAV based price.

(h) Maturity Period of the Scheme

Sundaram BNP Paribas CAPITAL PROTECTION ORIENTED FUND Series I –5 Years being a Close-ended Scheme shall stand finally terminated oncompletion of the Scheme period / maturity period and the outstanding unitsof Unitholders shall be redeemed on maturity date or early redemption date.The AMC, the fund and the Trustees reserve the right to make such changes /alterations to all or any of the Scheme (including the charging fees andexpenses) offered under this offer document to the extent permitted by theapplicable regulations.However, in terms of the SEBI regulations, this Scheme may be wound upearlier after repaying the amount due to the Unitholders:1. If on the happening of any event which, in the opinion of Trustees,

requires this Scheme to be wound up; or

25

2. If 75% of the unit holders of the Scheme pass a resolution that the Schemebe wound up; or

3. SEBI so directs in the interest of the unit holders of the Scheme;When the Scheme is to be wound up, the Trustees shall give notice of thecircumstances leading to its winding up:(i) To SEBI and(ii) To the unit holders of the Scheme by publication in the newspaper(s) as

per prevailing guidelines.On and from the date of the publications of the notice of winding up, theBoard of Trustees or the AMC, as the case may be, shall:1. Cease to carry on any business activities in respect of the Scheme so

wound up;2. Cease to create or cancel Units in the Scheme; and3. Cease to issue or redeem Units in the Scheme.

(i) Procedure and manner of Winding up

The Trustees shall call a meeting of the unit holders to approve by simplemajority of the unit holders present and voting at the meeting for authorisingthe Board of Trustees or any other person to take steps for the winding up ofthe Scheme.The Trustees or the person authorised above shall dispose of the assets of theScheme concerned in the best interest of the unit holders of the Scheme.The proceeds of sale realised in pursuance of the above, shall be first utilisedtowards discharge of such liabilities as are due and payable under theScheme, and after making appropriate provision for meeting the expensesconnected with such winding up, the balance shall be paid to the unit holdersin proportion to their respective interest in the assets of the Scheme, as on datethe decision for winding up was taken.On completion of the winding up, the Board of Trustees shall forward to SEBIand the unit holders a report on the winding up, detailing the circumstancesleading to the winding up, the steps taken for disposal of the assets of theScheme before winding up, net assets available for distribution to the unitholders and a certificate from the auditors of the Scheme.Notwithstanding anything contained herein above, the provisions of the SEBIRegulations in respect of disclosures of half-yearly reports shall continue to beapplicable until winding up is completed or the Scheme ceases to exist.After receipt of the report referred to above, if SEBI is satisfied that allmeasures for winding up of the Scheme have been complied with, theScheme shall cease to exist.

(2) TAX BENEFITS OF INVESTING IN A MUTUAL FUND

A) TAX IMPLICATIONS TO UNITHOLDERS

The following summary outlines the key tax implications applicable to unitholders based on the relevant provisions under the Income-tax Act, 1961(‘Act’), the Wealth-tax Act, 1957 and the Finance Act, 2006(collectivelycalled ‘the relevant provisions’).THE FOLLOWING INFORMATION IS PROVIDED FOR GENERALINFORMATION ONLY. HOWEVER, IN VIEW OF THE INDIVIDUAL NATUREOF THE IMPLICATIONS, EACH INVESTOR IS ADVISED TO CONSULT WITHHIS OR HER OWN TAX ADVISORS WITH RESPECT TO THE SPECIFIC TAXAND OTHER IMPLICATIONS ARISING OUT OF HIS OR HERPARTICIPATION IN THE SCHEMES.

A1. UNDER THE INCOME-TAX ACT, 1961

The following summary outlines the key tax implications applicable to unitholders based on the relevant provisions under the Income Tax Act.The tax implications of the following income received by the investors arediscussed below:i) Income on units (other than sale/redemption);ii) Income on sale/redemption of the units.

A.1.1 Taxability of income on units (other than sale):

The income received by an investor (other than income on sale/redemption)in respect of units of a mutual fund specified under Section 10(23D) of theAct, is exempt under the Act. As the income is exempt from tax, no tax iswithheld by the Mutual Fund upon distribution of such income. However,

distribution tax at applicable rates will be paid by the mutual fund ondistribution of dividend.

A.1.2 Taxability of income on sale/redemption of units:

The taxability of the income on sale/redemption of units and the rates at hichsuch income is taxed is discussed below:

If the units are held as stock-in-trade:

If the units are held by an investor as stock-in-trade of a business, the saidincome will be taxed at the rates at which the normal income of that investoris taxed. The rates applicable to different investors are discussed at length inNote 1.

If the units are held as investments:

If the units are held as investments, the tax rates applicable will depend onwhether the gain on sale of units is classified as a short term capital gain or along term capital gain. As per section 2(42A) of the Act, units of the schemeheld as a capital asset, for a period of more than 12 months immediatelypreceding the date of transfer, will be treated as long-term capital assets forthe computation of capital gains; in all other cases, they would be treated asshort-term capital assets. Being the repurchase of units will be allowed onlyafter the expiry of maturity period of five years, all the units in this scheme willbe treated as long term capital gain.The tax rates applicable on long term capital gain arising on transfer of unitsof a scheme are stated in the following table:Nature of income Tax rateLong-term capital gains In case of FII’s, 10 percent* (without indexation)

In case of others, 20 percent* (with indexation # ) or, 10 percent*(without indexation), whichever less.

* Plus surcharge and education cess and other levies at applicable rates. Incase of non-resident investors, the above rates would be subject to applicabletreaty relief.# no indexation benefit for non-resident investors if investment made is inforeign currency.The withholding tax implication (i.e. TDS) in respect of the capital gainsexplained above is discussed below:

(a) Resident Investors:

No tax is required to be deducted at source from capital gains arising toresident investors at the time of repurchase or redemption of the units.

(b) Non-Resident Investors:

As per the provisions of Act [Section 195], tax is required to be deducted atsource from the sale proceeds or redemption proceeds paid to non-residentinvestors. This withholding is payable by the investor. The rates are:(i) Foreign Institutional Investors: No tax has to be deducted on

redemption/sale proceeds [Section 196D(2)].(ii) Non-Resident Indian (‘NRI’) / Person of Indian origin (‘PIO’): Tax on short

term capital gains arising out of redemption of units is deducted at the rateof 10% (plus surcharge) for an equity oriented fund and at 30% (plussurcharge) for a non equity oriented fund. Tax, on long-term capital gainsis deducted at the rate of 20% (plus surcharge). However, in case of long-term capital gains on redemption of units of an equity-oriented fund, notax would be deducted. In addition a surcharge @ 10% plus applicablecess will be charged as per the Income Tax Act 1961.

(iii) Non-Resident Corporate: Tax is deducted at the rate of 40 percent onshort term capital gains and 20 percent on long-term capital gains. Thesaid rates at which capital gains are charged to tax would be furtherincreased by the applicable surcharge and education cess. No tax would,however, be deducted in case of long term capital gains on redemption ofunits of an equity oriented fund. All the above non-resident investors mayalso claim the tax treaty benefits available, if any. For details ofapplicability and eligibility of such benefits, the investors are requested toconsult their tax advisors.

Note 1:

The individuals, other than women assesse and senior citizens (including

26

NRIs / PIOs) and HUFs, are to be taxed in respect of their total income at the

following rates as per the Finance Act 2007:

Slab Tax rate *

Total income upto Rs.1,10,000 # Nil

More than Rs.110,000 # but upto Rs.150,000 10 percent of excess over Rs.110,000

More than Rs.150,000 but upto Rs.250,000 20 percent of excess over Rs. 150,000

+ Rs.5,000

Exceeding Rs.250,000 30 percent of excess over Rs 250,000

+ Rs.25,000.

* Plus surcharge and education cess and other levies at applicable rates.

# For females below sixty-five years of age, Rs. 110,000 has to be read as Rs.

145,000 and for senior citizens above sixty-five years of age, Rs. 110,000 has

to be read as Rs. 195,000. And the Tax will be computed on the above basis.

The corporate tax rate for domestic companies is 30 per cent [Plus surcharge

and education cess and other levies at applicable rates]. However, the tax

rate applicable to foreign companies is 40 per cent [Plus surcharge and

education cess and other levies at applicable rates].

UNDER THE WEALTH TAX ACT, 1957

Units are not to be treated as assets as defined under Section 2(ea) of the

Wealth-Tax Act, 1957 and hence will not be liable to wealth-tax.

B) TAX IMPLICATIONS ON MUTUAL FUND

INCOME EARNED OR RECEIVED BY THE MUTUAL FUND

Sundaram BNP Paribas Mutual Fund is registered with SEBI and as such, the

entire income of the Fund is exempt from income tax under Section 10(23D)

of the Act. In view of the provisions of Section 196(iv) of the Act, no income

tax is deductible at source on the income earned by the mutual fund.

RELIGIOUS AND CHARITABLE TRUSTS

Investments in the units of the Fund by Religious and Charitable Trusts is an

eligible investment under Section 11(5) of the Act, read with Rule 17C of the

Income-tax Rules, 1962.

PART VI

Other Matters

1. Investments in Group Companies

Sundaram BNP Paribas Mutual Fund, under all its Schemes, has no

investment in the Group companies of the Sponsor. The AMC does not have

a separate policy for investment in securities of the group companies. Any

such investments will be made on pure commercial consideration for the

benefits of the Mutual Fund and as per Regulations. As per current

regulations, no investment will be made in any unlisted securities of an

associate or group company of the sponsor and in any securities issued by

way of private placement by an associate or group company of the sponsor.

Further, no investment shall be made in listed securities of group companies

of the sponsor in excess of 25% of the net assets of the Scheme.

2. Investor grievances Redressal mechanism

Service requests and grievances, if any, from the investors are received at the

corporate office of the AMC or its investor service centres or by its registrars.

The service requests, complaints or grievances are closely followed up with

the Registrar to ensure timely redressal and prompt investor service. Given

below is a summary of all such service requests/complaints/grievances

received from the unit holders of the schemes of Sundaram BNP Paribas

Mutual Fund up to March 31, 2006

Summary of service requests/complaints/grievances received andredressed:

Slno. Scheme 2004 - 05 2005-06 01.04.0631.03.07

1. Sundaram BNP Paribas Taxsaver'97 441 516 2992. Sundaram BNP Paribas Growth Fund 5341 5956 77193. Sundaram BNP Paribas Bond Saver 18455 8460 44814. Sundaram BNP Paribas Taxsaver'98 39 122 4035. Sundaram BNP Paribas Tax Saver OE 3920 8108 230766. Sundaram BNP Paribas Money Fund 1213 1486 9817. Sundaram BNP Paribas Balanced Fund 3093 5334 30378. Sundaram BNP Paribas Gilt Fund 206 337 739. Sundaram BNP Paribas Select Focus 5184 3828 1371510. Sundaram BNP Paribas Select Midcap 10284 15572 7984611. Sundaram BNP Paribas Income Plus 2585 1229 67312. Sundaram BNP Paribas Select Debt 784 712 80413. Sundaram BNP Paribas Monthly Income Plan 5923 3025 239914. Sundaram BNP Paribas India Leadership Fund 5597 8860 1589115. Sundaram BNP Paribas Floating Rate Fund 151 842 236616. Sundaram BNP Paribas SMILE Fund 1521 14990 921317. Sundaram BNP Paribas CAPEX Opportunities Fund 8905 2687818. Sundaram BNP Paribas Rural India Fund - - 2968919. Sundaram BNP Paribas Value Plus - 13 1320. Sundaram BNP Paribas Fixed Term Plan - - -Note: there were 15 pending request/complaint/grievance as on 31.03.2007which were subsequently resolvedSundaram Rural India Fund - 3, Sundaram BNP Paribas CAPEXOpportunities Fund - 6, Sundaram BNP Paribas S.M.I.L.E. Fund - 2,Sundaram BNP Paribas Select Midcap - 4.There were 36 complaints received through SEBI during the period from 1April 2006 to 31st March 2007.

3. Associate Transactions

(a) Underwriting obligations with respect to issues of Group/AssociateCompaniesThe Sundaram BNP Paribas Mutual Fund, under all its Schemes, has tilldate not entered into any underwriting contracts in respect of any publicissue made by any group/ associate company of the Sponsor.

(b) Subscription to issues lead managed by Group/Associate Companies

No Schemes of Sundaram BNP Paribas Mutual Fund have till dateinvested in any public issue lead managed by any Group/Associatecompany of the Sponsor.

(c) Dealings with Group/Associate Companies

The AMC from time to time, for the purpose of conducting its normalbusiness, uses the services of the Sponsor and the subsidiaries and otherassociates of the Sponsors, namely, Sundaram Insurance Broking Limited(formerly Sundaram Finance Securities Limited) and TVS & Sons Ltd. TheAMC may utilise the services of these group companies and any othersubsidiary or associate company of the Sponsor that may be establishedlater in case such an associate company is capable of providing therequisite services to the AMC. The AMC will conduct its business with thecompanies on commercial terms and on arms-length basis and at theprevailing market prices to extent permitted under the applicable lawsincluding the Regulations, after an evaluation of the competitiveness ofthe pricing offered by the associate companies and services to beprovided by them.In terms of the amendments to SEBI Regulations, the Mutual Fund shalldisclose at the time of declaring half yearly and yearly results:(a) any underwriting obligations undertaken by the schemes of the

mutual fund with respect to issue of securities of associate companies;(b) Devolvement, if any;(c) Subscription by the schemes in the issues lead managed by associate

companies;(d) Subscription to any issue of equity or debt on private placement basis

where the sponsor or its associate companies has acted as arranger ormanager.

27

Payments by the Sundaram BNP Paribas Mutual Fund to the Sundaram

Finance Group Companies are as in the following tables:

(Rs. Lakhs)

Scheme Name 2003-04 2004-05 2005-06 01.04.06

31.03.07

Sundaram BNP Paribas Growth Fund 3.84 7.33 7.38 15.32

Sundaram BNP Paribas Select Focus 4.42 3.55 2.93 22.34

Sundaram BNP Paribas Select Midcap 7.16 13.53 12.75 50.60

Sundaram BNP Paribas Tax Saver (OE) 0.44 0.90 10.55 20.85

Sundaram BNP Paribas Balanced Fund 0.63 1.20 1.17 1.04

Sundaram BNP Paribas India Leadership Fund - 14.19 21.14 21.54

Sundaram BNP Paribas S M I L E Fund - 21.08 23.9` 9.82

Sundaram BNP Paribas Capex Opportunities Fund - - 89.10 43.45

Sundaram BNP Paribas Bond Saver 39.57 10.92 3.7 1.21

Sundaram BNP Paribas Money Fund 4.85 7.40 2.84 8.79

Sundaram BNP Paribas Income Plus 5.53 1.53 0.67 0.67

Sundaram BNP Paribas Gilt Fund 0.01 0.07 0.01 0.086

Sundaram BNP Paribas Select Debt 0.71 0.90 0.07 0.022

Sundaram BNP Paribas Monthly Income Plan 7.82 6.03 1.96 1.07

Sundaram BNP Paribas Floating Rate Fund - STP - 0.95 3.84 2.44

Sundaram BNP Paribas Floating Rate Fund - LTP - 0.69 1.29 0.541

Sundaram BNP Paribas Value Plus - - 0.20 0.09

Sundaram BNP Paribas Fixed Term Plan - - 0.05 4.87

Sundaram BNP Paribas Rural India Fund - - - 153.81

Sundaram BNP Paribas Select SmallCap - - - 27.00

Sundaram BNP Paribas Equity Multiplier Fund - - - 38.14

4. Investments made in companies which have invested more than 5% of the

net asset value of the schemes of Sundaram BNP Paribas Mutual Fund as on

March 31, 2007

Company Name Scheme Investments made by the Scheme Holdings

Scheme Cost as on

(Rs. In Lakhs) 31.03.07

Market Value

Rs. in Lakhs

AIA Engineering Sundaram Fixed Term Plan XXII Capex D 37.45 -

Limimted Capex G 57.54 -

SILF 105.54 178.90

MIDCAP 18.84 -

SFOCUS 18.46 -

SMILE 10.92 -

Allahabad Bank Sundaram BNP Paribas Growth Fund SUNGRO 185.08 -

MIDCAP 217.73 -

SILF 226.54 -

SMILE 332.01 -

SMON 18,110.83 -

FTP-3 Yr Plan 460.12 -

DEBTST 479.86 -

SFTP17 1,468.87 -

ACC Limited Sundaram BNP Paribas Fixed Term Plan XXV SUNBAL 121.03 23.16

SUNGRO 189.08 53.62

SILF 816.08 191.90

SUNMIP 38.22 509.78

SRURAL 4,851.65 257.34

SFOCUS 1,955.98 492.43

SMILE 801.74 -

Tax 98 4.67 0.59

Stax 49.67 -

SUNBDS 102.32 401.22

Bajaj Auto Ltd Sundaram BNP Paribas FTP Series 3 SUNGRO 453.26 130.97

SILF 834.96 -

STAX 49.56 -

SRURAL 3,248.09 971.04

Bank of Baroda Sundaram BNP Paribas Money Fund MIDCAP 2,027.22 1,515.03

Sundaram BNP Paribas Money Fund STAX 158.24 -

SUNBAL 104.37 -

SUNGRO (incl IPO) 452.78 -

SUNMIP 27.59 -

SMILE 110.98 -

FOCUS 7.82 -

SUNTAX 6.25 -

TAX98 3.78 -

Bank of India Sundaram BNP Paribas SMILE 750.78 -

Floating Rate- Short Term STAX 61.17 -

SUNGRO 535.33 222.59

Sundaram BNP Paribas Money Fund MIDCAP 998.10 889.12

Sundaram BNP Paribas Money Fund SILF 597.20 325.26

SRURAL 543.39 -

Grasim Industries Sundaram BNP Paribas FTP series 3 CAPEXD 491.35 -

CAPEXG 498.15 -

SFOCUS 154.46 -

SILF 1,145.17 357.91

SMILE 544.94 -

STAX 270.38 262.55

SUNGRO 722.51 306.92

TAX98 3.01 -

SUNTAX 2.36 -

SRURAL 4,209.25 2,930.06

SMON 2,500.00 -

MULTIPLI 1,703.72 1,275.62

SUNBAL 126.84 112.49

MIP 77.16 70.53

HDFC Bank Ltd Sundaram BNP Paribas Monry Fund SUNGRO 123.04 -

Super institutional SUNMIP 440.56 -

SFRSTP 935.79 -

MIDCAP 2,469.04 -

SUNVAL 3.22 -

TAXOE 25.95 -

SMON 19,357.69 -

HCL Technologies Ltd Sundaram BNP Paribas FTP series 3 SUNBAL 113.43 119.01

SUNGRO 181.19 -

STAX 108.00 -

SUNVAL 5.13 -

SILF 319.33 -

Hindalco Industries Ltd Sundaram BNP Paribas FTP series 6 SUNGRO 6.12 -

Sundaram BNP Paribas FTP series 14 SFOCUS 216.23 -

SRURAL 166.16 -

SILF 646.25 -

SMILE 460.11 -

SUNBAL 45.97 -

MULTIPLI 773.23 -

SUNBDS 49.29 977.67

28

Industrial Development Sundaram BNP Paribas Money Fund SMON 17,531.45 -

Bank of India SRURAL 998.25 -

SFR_STP 3,424.00 -

SFR_LTP 459.28 -

DEBTST 786.76 -

SUNVAL 2.47 -

SUNBDS 174.78 -

India Nippon Sundaram BNP Paribas STAX 38.70 -

Electricals Ltd Floating Rate Fund - LTP SMILE 36.86 -

Infrastructure Sundaram BNP Paribas Money Fund CAPEX D 1,012.66 -

development Sundaram BNP Paribas Money Fund CAPEX G 483.42 -

Finance Ltd SFOCUS 14.99 -

SILF 80.48 -

SMON 4,728.07 -

Debtst 492.39 -

FTP14 492.39 -

FTP17 986.09 -

ITC Ltd Sundaram BNP Paribas SUNGRO 408.58 88.37

Floating Rate Short Term SFOCUS 544.52 -

Sundaram BNP Paribas SILF 696.87 -

Floating Rate Short Term SMILE 649.56 -

Sundaram BNP Paribas Fixed Term Plan SUNMIP 104.34 -

Sundaram BNP Paribas Money Fund CAPEX - D 411.48 -

Sundaram BNP Paribas CAPEX - G 853.81 -

Fixed Term Plan - Series 17 SUNVAL 3.21 -

Sundaram BNP Paribas STAX 239.95 77.87

Floating Rate Short Term SRURAL 3,229.11 755.75

Sundaram BNP Paribas Money Fund SUNTAX 3.89 -

Sundaram BNP Paribas Money Fund TAX 98 -* 3.04

Sundaram BNP Paribas Money Fund SUNBAL 140.51 95.51

Indian Sundaram BNP Paribas FTP series 9 SUNGRO 257.36 -

Petrochemicals Sundaram BNP Paribas FTP series XXIII SRURAL 830.43 -

Corpn Ltd SMILE 198.90 -

SUNIP -* 500.25

Infosys Sundaram BNP Paribas Money Fund SUNBAL 93.20 141.31

Technologies SUNGRO 362.78 635.41

Limited SILF 799.39 1,410.55

SUNMIP 59.87 58.94

SRURAL 1,086.25 -

SFOCUS 2,675.95 1,647.38

SMILE 545.96 363.36

SUNTAX 10.32 -

Tax 98 3.94 6.06

STAX 383.67 403.02

SUNVAL 3.16 3.43

Jammu & Kashmir Sundaram BNP Paribas Money Fund SMON 16,148.07 4,488.91

Bank Limited FTP17 4,895.91 -

SRURAL 2,980.73 -

FTP23 3,906.46 -

Mahindra & Sundaram BNP Paribas FTP series 6 Capex - D 725.31 476.71

Mahindra Ltd CAPEX - G 382.18 302.76

SUNGRO 223.00 325.07

SILF 543.78 678.56

SRURAL 4,458.33 3,611.69

SFOCUS 1,727.40 1,482.40

SUNBAL 120.34 78.04

SUNMIP 50.18 41.13

SMILE 471.24 273.14

SUNVAL 3.24 -

Maruti Udyog Limited Sundaram BNP Paribas FTP series 9 SFOCUS 916.72 790.35

SILF 524.12 336.28

SUNGRO 402.30 265.93

STAX 162.00 -

SRURAL 4,037.73 -

SMILE 367.01 -

State Bank of India Sundaram BNP Paribas SUNBAL 68.98 68.92

Equity Multiplier Fund SUNGRO 470.07 387.59

SILF 1,118.17 839.39

MIDCAP 4,856.16 -

SRURAL 7,242.48 2,287.24

SFOCUS 1,012.10 816.55

SMILE 348.09 177.31

STAX 316.21 310.47

Equity Multiplier 793.86 654.05

SMON 4,761.06 -

Sundaram Fasteners Ltd Sundaram BNP Paribas Money Fund MIDCAP 704.01 -

SMILE 176.07 -

Tata Chemicals Ltd Sundaram BNP Paribas FTP Series 10 MIDCAP 2,189.02 1,707.08

Sundaram BNP Paribas FTP Series 16 SRURAL 1,386.01 1,342.85

Thermax Ltd Sundaram BNP Paribas FTP Series 3 CAPEXD 1,188.53 1,137.05

Sundaram BNP Paribas FTP Series 8 CAPEXG 1,174.93 694.11

Sundaram BNP Paribas FTP Series 11 MIDCAP 644.05 1,939.84

Sundaram BNP Paribas FTP Series 11 STAX 51.24 138.80

Sundaram BNP Paribas FTP Series 14 SRURAL 918.42 1,148.25

Union Bank of India Sundaram BNP Paribas Money Fund SMON 13,228.47

SFRSTP & LTP 1,000.00

MIDCAP 1,065.49

Wipro Sundaram BNP Paribas FTP Series 3 SUNGRO 162.45 -

Sundaram BNP Paribas FTP Series 8 SILF 1,149.10 514.07

Sundaram BNP Paribas FTP Series 14 SUNBAL 15.52 87.27

Sundaram BNP Paribas FTP Series XXV STAX 239.68 168.94

Sundaram BNP Paribas FTP Series XIX SMILE 100.34 -

* Purchased during 2004 - 05

SUNGRO Sundaram BNP Paribas Growth Fund SFOCUS-Sundaram BNP Paribas Select Focus

SGILT-Sundaram BNP Paribas Gilt Fund SMON- Sundaram BNP Paribas Money Fund

SUNTAX-Sundaram BNP Paribas Taxsaver'97 SUNIP-Sundaram BNP Paribas Income Plus

TAX98-Sundaram BNP Paribas Taxsaver'98 SUNMIP-Sundaram BNP Paribas Monthly Income Plan

SUNBDS - Sundaram BNP Paribas Bond Saver SUNBAL-Sundaram BNP Paribas Balanced Fund

STAX-Sundaram BNP Paribas Taxsaver Open-ended SILF - Sundaram BNP Paribas India Leadership Fund

DEBT ST- Sundaram BNP Paribas Select Debt Short Term Asset Plan DEBT DA- Sundaram BNP Paribas Select Debt Dynamic Asset Plan

SFRF-STP -Sundaram BNP Paribas Floating Rate Fund -Short Term Plan SFRF-LTP - Sundaram BNP Paribas Floating Rate Fund -Long Term Plan

SMILE - Sundaram BNP Paribas Small and Medium Indian Leading Equities Fund SUNVAL - Sundaram BNP Paribas Value Plus

FTP - Sundaram BNP Paribas Fixed Term Plan CAPEXD - Sundaram BNP Paribas Capex Opportunities Fund - Dividend

CAPEXG - Sundaram BNP Paribas Capex Opportunities Fund - Growth SMALL - Sundaram BNP Paribas Select Smallcap

The investment made in the schemes keeping in view of the fundamentals

and long term prospects of the company.

29

5. Borrowing by the Mutual Fund

The Mutual Fund has not resorted to any borrowings till date. However, the

Scheme shall have powers to borrow to meet temporary liquidity needs for the

purpose of repurchase, redemption of units, or payment of interest or dividend

to the unit holders as permitted under the SEBI Regulations. Further, as per SEBI

Regulations, the Scheme shall not borrow more than 20% of the Net Assets

and the duration of such borrowing shall not exceed six months. The Scheme

under such circumstances may borrow from any body corporate or a bank or

from

any other person at the prevailing interest rates. The Scheme may decide to

offer such collateral security as may be necessary under the circumstances.

This may result in a reduction in the overall portfolio returns during the

currency of the borrowing in case the cost of borrowing is higher than the

portfolio rate of return.

6. Inter- Scheme Transfers

A transfer of traded securities from one scheme to another scheme of the

Mutual Fund can be effected at the prevailing market prices on spot basis. In

the case of any security not traded on a stock exchange, the transfer can be

effected on fair valuation basis to be arrived by the AMC. Such transfers would

be done in conformity with the objectives of the Schemes and SEBI

Regulations.

7. Inter-Scheme Investments

This scheme may invest in the other schemes of Sundaram BNP Paribas Mutual

Fund without charging any fees, provided that the aggregate inter-scheme

investments made by all schemes under the same management or in schemes

under the management of any other Asset Management Company shall not

exceed 5% of the Net Asset Value of the investing Mutual Fund. Such

investments shall be made from time to time on the merits of the proposal.

8. Investment by the AMC

The AMC may invest in the Scheme depending upon its cash flows and

investment opportunities. In such an event, the AMC will not charge

management fees on its investment for the period it is retained in the Scheme.

The investment by the AMC shall not exceed 25% of the net assets of the

Scheme on the date of investment

Value of the Investments held by the AMC in the schemes of Sundaram BNP

Paribas Mutual Fund as on 31.03.2007 is given in the following table:

Scheme Name Value as on

31.03.2007

(Rs. in Lakhs)

Sundaram BNP Paribas India Leadership Fund (D) 50.00

Sundaram BNP Paribas Balanced Fund (D) 125.00

Sundaram BNP Paribas Select Focus (D) 25.00

Sundaram BNP Paribas Select Midcap (D) 50.00

Sundaram BNP Paribas Growth Fund (D) 50.00

Sundaram BNP Paribas Money Fund - Institutional Plan 20.00

Sundaram BNP Paribas Fixed Term Plan 435.00

Sundaram BNP Paribas Capex Opportunities Fund 10.00

9. Penalties and Pending Litigations

1. No penalties have been awarded by SEBI under the SEBI Act or any of its

Regulations against the sponsor of the Mutual Fund or any company

associated with the sponsor in any capacity including the AMC, Trustees

or any of the directors or any key personnel (specifically the fund

managers) of the AMC and Trustees. No penalties have been awarded on

the Sponsor and its associates by any financial regulatory body, including

stock exchanges, for defaults in respect of shareholders, debenture

holders and depositors. No penalties have been awarded for any

economic offence and violation of any securities laws against the sponsor

or any of its associates

2. There are no pending material litigation proceedings incidental to the

business of the Mutual Fund to which the sponsor of the Mutual Fund or

any company associated with the sponsor in any capacity including the

AMC, Trustees or any of the directors or key personnel of the AMC is a

party. Further, there are no pending criminal cases against the Sponsor or

any company associated with the sponsor in any capacity including the

AMC, Trustees or any of the directors or key personnel.

3. There is no deficiency in the systems and operations of the sponsor of the

Mutual Fund or any company associated with the sponsor in any capacity,

including the AMC which SEBI has specifically advised to be disclosed in

the Offer Document, or which has been notified by any other regulatory

agency.

4. There are no enquiries or adjudication proceedings under the SEBI Act

and the Regulations made there under, which are in progress against any

company associated with the sponsor in any capacity including the AMC,

Trustees or any directors or key personnel of the AMC.

10. Documents available for Inspection

The following documents are available for inspection to the unit holders at the

Corporate Office of Sundaram BNP Paribas Asset Management Company

Limited at Chennai:

• Trust Deed of Sundaram BNP Paribas Mutual Fund

• Copy of the Registration Certificate

• Investment Management Agreement

• Memorandum and Articles of Association of Sundaram BNP Paribas Asset

Management Company Limited and Trustee Company

• Custodian Agreement

• Letter of Appointment of the Registrar

• SEBI (Mutual Funds) Regulations, 1996

• Indian Trusts Act, 1882

• The Companies Act, 1956

11. APPROVAL BY THE BOARD OF TRUSTEES

The original Offer Document was approved by the Trustees of Sundaram BNP

Paribas Mutual Fund vide resolution-dated 17/07/2006. Notwithstanding

anything contained in the offer document the provisions of the SEBI (Mutual

Funds) Regulations, 1996 and the Guidelines there under shall be applicable.

For and on behalf of the Board of Directors of

SUNDARAM BNP PARIBAS ASSET MANAGEMENT COMPANY LIMITED

Place: Chennai T P Raman

Date : 05/07/2007 Managing Director

30

Second Floor, 46 Whites Road,Chennai - 600 014Ph : (044) 28583362, 28583367, 28585606 SERIAL No. SBNPPCP

SERIAL No. SBNPPCP

Acknowledgement

Received From Mr./Mrs./Ms. .......................................................................................................................................................

Address .......................................................................................................................................................................................

....................................................................................................................................................................................................

ISC’s Signature & Stamp

All future communication in connection with the application should be addressed to the Registrar Computer Age Management Services (P) Ltd., (Unit: Sundaram BNP ParibasMutual Fund), Rayala Towers 3, 1st Floor, No. 158, Anna Salai, Chennai 600 002. Tel: (044) 30212401/02/03/04 / 28521596 / 28520516 / 28520788 quoting full name ofSole/First applicant, Application Serial No., Date, Name of the Bank and Branch or Centre where it was lodged.

Cheques/Drafts are subject to realisation

Sundaram BNP Paribas Capital Protection Oriented Fund – Series I - 5 years

BROKER/AGENT NAME & CODE SUB-BROKER’S NAME & CODE COLLECTING CENTRE

STAMP & SIGN

DATE & TIME OF RECEIPT REGISTRAR’S SERIAL NO.

1. Existing Unit holder

a. Are you making a purchase into an existing folio? (Please ✓) ■■ Yes ■■ No. Folio Number

(If yes, Please note that investment details and mode of holding will be as per existing folio number. • If you have provided a Folio Number please fill in only Section 2a and

then proceed to Section 4.)

✁

b. Mode of Holding ■■ Single ■■ Joint ■■ Anyone or Survivor (default option – anyone or survivor)

c. Mailing Address ■■ Home ■■ Office (P.O.Box Address is not sufficient)

f. Are you applying as ■■ Individual ■■ Partnership ■■ Public Ltd. Co. ■■ On behalf of Minor ■■ HUF ■■ Proprietorship

■■ Trust ■■ Pvt. Ltd. Co. ■■ Society ■■ NRI ●● Repatriation ●● Non-Repatriation ■■ Others ___________________

g. Do you want a PIN assigned to you? (This PIN will allow you access to your account via the internet) ■■ Yes ■■ No

h. Do you want the account statement ■■ Through e-mail ■■ Post

Location PIN

State CountryCity

d. Mailing Address ■■ Home ■■ Office (Overseas address in case of NRIs/FIIs)

Location PIN

State CountryCity

e. Contact Particulars

Contact Person’s Name.............................................................................................................(for non-individuals)

Tel: Office ResidenceFax E-mail

2. Unit holder Information (Write in block letters. Leave space between words)a. Full Name of First/Sole Applicant (as it appears in your bank account) Salutation ■■ Mr. ■■ Ms. ■■ Dr. ■■ Prof

Full Name of ■■ Father ■■ Husband ■■ Guardian (in the case of minor) ■■ Contact person (in the case of Corporate) please tick the applicable Salutation ■■ Mr. ■■ Ms. ■■ Dr. ■■ Prof

Full Name of Second Applicant Salutation ■■ Mr. ■■ Ms. ■■ Dr. ■■ Prof

Full Name of Third Applicant Salutation ■■ Mr. ■■ Ms. ■■ Dr. ■■ Prof

As per SEBI regulations, copy of PAN/Acknowledgement of Form 49A shall beprovided irrespective of the purchase amount. For details please see Section-7 ofInstructions

PAN No. Date of Birth

PAN No.

PAN No.

UIN No.

Scheme Name

Cheque / DD No.

Date

Amount in Rupees

Drawn on (Nameof Bank and Branch)

8. Declaration and Signatures

SERIAL No. SBNPPCP3. Payment of Redemption

4. Bank Account Details Please note it is mandatory as per SEBI regulations for all investors to provide bank account details

Name of your Bank

Bank Address

Branch — Redemption payable location Your Account Number

5. Investment Opted for

Sundaram BNP Paribas Capital Protection Oriented Fund – Series I - 5 yearsSBNPPCP

If you do not indicate an investment option, the default option will be applicable. Please issue a separate Cheque/Demand Draft for each investment in favour of “Sundaram BNP Paribas Capital Protection Oriented Fund – Series I - 5 years”.

All communication and payments will be made to the first applicant or to the Karta in case of HUF.

Account Type ■■ Current ■■ Savings ■■ Cash Credit ■■ NRE ■■ NRO

Please note that cash investments will not be accepted. On the reverse of the Cheque/DD please indicate the name of the investor, scheme and option opted for as well asthe application number.

Sundaram BNP Paribas Asset Management Company Limited will endeavour to use Warrant/Draft or Direct Credit payment of redemption but retains the right to use any other mode of paymentas deemed appropriate. You may select either Direct Credit option or Warrant for receiving redemption in your bank account. Please read Instructions (section 4).■■ Direct Credit ■■ Warrant/DraftDirect Credit of Redemption: If you have an account in any of the following banks you can opt for direct credit of redemption to your bank account.I authorise Sundaram BNP Paribas Mutual Fund to credit my redemption amount to my account maintained with the following Bank (Please ✔)■■ ABN Amro Bank ■■ BNP Paribas ■■ Citi Bank ■■ HDFC Bank ■■ HSBC Bank ■■ ICICI Bank ■■ IDBI Bank ■■ Kotak Mahindra ■■ Standard Chartered Bank■■ UTI Bank ■■ Yes Bank

Net Amount In words.............................................................................................................................................................................................................................................

..............................................................................................................................................................................................................................................................................

SIGNATURES

1st Applicant ____________________________________________________________

2nd Applicant ___________________________________________________________

3rd Applicant ____________________________________________________________

The Trustees

Sundaram BNP Paribas Trustee Company Ltd.

Having read and understood the contents of the Offer Document of the scheme, I/we hereby apply forunits of Sundaram BNP Paribas Capital Protection Oriented Fund – Series I - 5 years as indicated inSection 5 above and agree to abide by the terms, conditions, rules and regulations of the scheme. I/Wehave not received nor been induced by any rebate or gifts, directly or indirectly in making thisinvestment.

Applicable to NRIs only:

I/We confirm that I am/We are Non-Resident of Indian Nationality/Origin and I/We hereby confirm thatthe funds for subscription have been remitted from abroad through normal banking channels or fromfunds in my/our Non-Resident External/Ordinary Account/FCNR Account.

Please tick ■■ Yes ■■ No

If yes ■■ Repatriation basis ■■ Non-Repatriation basis

In the case of failure of any indication on repatriation, any investment through NRE account will betreated as repatriable and investments through NRO accounts will be treated as non-repatriable

I/We ……………………………………………................……………………………….............

and ……………………………………………......….........… do hereby nominate the person

more particularly described hereunder on the …………………………… day of

……………………….....................................................……. in respect of the units bearing

Folio No./Application ………...................................…........(* strike out which is not applicable)

Name and Address of the Nominee

Name:……………………………………………………………………………………………………

Address:…………………………………………………………………………………………………

...................................................................................................................................................

Date of Birth:…………………………… (to be furnished in case the Nominee is a minor)

(*) The Nominee is a minor whose guardian is……………………………………………

Address of the Guardian……………………………………………………………………………….

...................................................................................................................................................

Signature of the guardian ………………………………………………………….............................

6. Nomination (available only for individuals)

Sundaram BNP Paribas Capital Protection Oriented Fund – Series I - 5 years

■■ Passport No. ■■ Driving Liscence ■■ Voter ID Card7. Proof of Identity

Amount Chq/DD No. DD Charges* Net Amount Date Bank & Branch

SECTION - 1 & 2All applicants must complete section 1. Name and address must be given in full.All communication and payments will be made to the first applicant or to the Karta in case of HUF.Applicants who have ticked the mode of holding as ‘Single’ in section 2(b) may nominate a successor to receiveunits upon his/her death.Where the mode of holding in section 2(b) has been specified as ‘Joint’ the first named holder shall receive allAccount Statements, Redemption/refund warrants and any other correspondence sent from time to time.In case of an application under a Power of Attorney or by a limited company or a body corporate or a registeredsociety or a trust or a partnership, the relevant Power of Attorney or the relevant resolution or authority to makethe application and the Trust Deed or the Partnership Deed as the case may be, or duly certified copy thereof,along with the Memorandum and Articles of Association and/or bye-laws must be lodged along with theApplication Form at the Registrar’s office in Chennai within seven days from the date of application, quotingthe details of the application. Sole Proprietory firms may submit a completed nomination form to enabletransmission of units in the event of death of the sole Proprietor. In case of HUF, a list of all co-parcenerstogether with their dates of birth and specimen signatures must be lodged at the Registrar’s office within sevendays. Applicants who request a Personal Identification Number (PIN) by ticking the box in section 2(g) will besent a PIN agreement which will be mailed separately. This PIN allows you to access your account informationvia the Internet.SECTION - 3Please tick the box if you would like to receive your redemption payment under the following mode.• Direct Credit to your bank account with select banks.• Warrants/Drafts (The warrants/drafts will be payable only at cities where Sundaram BNP Paribas Mutual

Customer Service Centres are located).SECTION - 4In order to protect the interest of the investors from fraudulent encashment of refund / redemption cheques, thecurrent SEBI guidelines require that refund orders/redemption cheques specify the name of the investor, bankname and account number where the cheque is intended to be credited. Hence, investors are advised in theirinterest to provide the name of the Bank, Branch address, account type and account number for remittance ofredemption amount. The Trustees / Investment Manager will not be responsible for any loss arising out offraudulent encashment of cheques or delay/loss in transit. Investors must write the application formnumber/folio number on the reverse of the cheque and bank draft accompanying the application form.SECTION - 5The minimum purchase amount is Rs.5000/- and in multiples of Re.1/-. Please note that if you do not tick therelavant box in Section 2b for mode of holding.Mode of Payment: The cheque/bank draft should be drawn in favour of Sundaram BNP Paribas CapitalProtection Oriented Fund – Series I - 5 years and crossed "A/c Payee only". DD charges will be absorbed bythe fund according to SBI Guidelines.SECTION - 6Please fill in this section should you wish to nominate someone.SECTION - 7Prevention of Money Laundering In terms of the Prevention of Money Laundering Act, 2002, the Rules issued there under and theguidelines/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 andmaintain the record of identity and address (es) of investors.In order to make the data capture and document submission easy and convenient for the investors, MutualFund Industry has collectively entrusted this responsibility of collection agency. Presently CDSL VenturesLimited acts as central record keeping agency (‘Central Agency’). CDSL has appointed Points of Services (POS)to carry out the KYC process. Investors are required to attach a copy of PAN card as a mandatory document forproof of identity. As a token of having verified the identity and address and for efficient retrieval of records, thePOS will issue an acknowledgement. Investors who have obtained the acknowledgement after completing the KYC process, can invest in theschemes of the mutual fund by quoting the PAN number in lieu of submitting information and documentsrequired under AML Laws.In terms of SEBI circular MRD/DoP/Cir-05/2007 dated April 27, 2007 PAN shall be the sole identification numberfor all participants transacting in the securities market, irrespective of the amount of transaction. Effective from July02, 2007 to December 31, 20007, the applicants are required to the submit the following documents for all freshpurchases, additional purchases and Systematic Investment Plan (SIP) as mentioned below:

Transaction value Required documents< Rs.50,000 Either PAN copy or Acknowledgement copy of PAN

Application Form (Form 49A) = > Rs.50,000 Either PAN copy or Acknowledgement copy of PAN

Application Form (Form 49A) and Form 60/61 withaddress proof

Instructions for verification:1. AMC branch officials/Registrar and Transfer Agents and Investor Centres will verify the PAN card copy with

originals. The person verifying the document need to affix his/her signature, name and company seal withremarks as verified with original/verified/attested.

2. Alternatively copy of the PAN shall be attested by the Bank Manager/Gazetted Officer of State/CentralGovernment/Notary Public/Judicial Authorities.

3. Alternatively, the distributors can verify the PAN card copy with originals. The person verifying the documentneed to affix his/her signature, name and company seal with remarks as verified with original / verified /attested.

4. All other document/copies to be self certified by the investor and certified by AMFI certified distributor (withARN affixed).

5. Applications without required documents will be liable to be rejected.With effect from January 01, 2008 PAN Copy mandatory for all applicable transations.SECTION - 8Signature should be in English or in any Indian language. Thumb impressions must be attested by aMagistrate/Notary Public under his/her official seal. In case of HUF the Karta should sign on behalf of the HUF.GeneralThe investor is aware that the mutual fund needs to use intermediaries such as post office, local andinternational couriers, banks and other intermediaries for correspondence with the investor and for makingpayments to the investors by cheques, drafts, warrants, through ECS etc. The Investor expressly agrees andauthorises the mutual fund to correspond with the investor or make payments to the investor throughintermediaries including but not limited to post office, local and international couriers and banks. The investorclearly understands the mutual fund uses such intermediaries are agents of the investor and not the mutualfund. The Mutual fund is not responsible for delayed receipt or non-receipt of any correspondence or paymentthrough such intermediaries.

33

Instructions FORM NO. 60

[See second provision to rule 114B]

Form of declaration to be filed by a person who does not have either a

permanent account number and

who enters into any transaction specified under rule 114B

1. Full name and address of the declarant......................................................................

...................................................................................................................................

...................................................................................................................................

...................................................................................................................................

2. Particulars of transaction:...........................................................................................

3. Amount of the transaction:.........................................................................................

4. Are you assessed to tax? ■■ Yes ■■ No

5. If yes,

(i) Details of Ward/ Circle/ Range where the last return of income was filed?

..............................................................................................................................

(ii) Reasons for not having permanent account number/General Index Register

Number?.............................................................................................................

6. Details of the document being produced in support of address in column (1)

...................................................................................................................................

Verification

I, .......................................................................... do hereby declare that what is stated

above is true to the best of my knowledge and belief. Verified today,

.....................................................................the day of

Date :..........................................................................

Place :.........................................................................

Signature of the declarant................................................................................................

Instructions : Documents which can be produced in support of the address are :-

(a) Ration Card

(b) Passport

(c) Driving licence

(d) Identity Card issued by any institution

(e) Copy of the electricity bill or telephone bill showing residential

address

(f) Any document or communication issued by any authority of

Central Government, State Government or local bodies showing

residential address

(g) Any other documentary evidence in support of his address given

in the declaration.

DIRECTORY

Sundaram BNP Paribas AMC - Branch Addresses

Agra: Block no. 41/4, Shop no.9, 1st floor, Friends Tower, Sanjay Palace Agra 282002. Ph: 09319145256 Ahmedabad: 104, ArthComplex, Behind A.K. Patel House, Mithakali Six Roads, Navarangapura, Ahmedabad 380009. Ph: 079-66613337 / 26440442Anand: M/s.Sundaram Direct, F-1/1 Suramya Complex, Opp. C.P. Travel & Tours, Nr. Masada Bakery, Anand- V.V. Road, Anand.Ph: 9327583372 Bangalore: 1st Floor, Maangalaya Punarbhav, 132, Brigade Road, Next to Raheja Chancery, Bangalore 560025.Ph: 080-22076707 / 22126850 Baroda:127, Ist floor, Siddharth Complex, Near Express Hotel, R.C.Dutt Road, Alkapuri, Baroda390007 Ph: 0265-3203204 / 2320671 Bhavnagar: C/O Sundaram Finance Limited, G-5 Aristo complex, Opp Madhav Darshan,Near Radha Mandir, Waghavadi Road. Bhavnagar 364001. Ph: '0278-2513494 / 9898666630 Bhopal: Plot No. 10&11, 3rd floor,Alankar palace, Bank Street, M.P.Nagar, Bhopal 462011. Ph: 0755-3203306 Bhubaneswar: C/o. Sundaram Finance Ltd, Ist Floor,"Aditya Plaza", 102, Bhoumanagar, Unit No. 4, Bhubaneswar 751001. Ph: 0674-3208280 Calicut: 3rd Floor, 17/501 R2, KanchasBuilding, Rajai Road, Calicut 673001. Ph: 09847582339 Chandigarh: SCO-2475-2476, 2nd Floor, Sector 22C, Chandigarh160022. Ph: 0172-5009166 / 5019166. Chennai - H.O.: Sundaram Towers, II Floor 46, Whites Road, Royapettah, Chennai600014. Ph: 044 - 28583362 / 28569900 Chennai Sales Office: O No 9, N No 23 Mootha Centre, Kodambakkam High Road,Chennai 600034. Ph: 044 28237262 / 28237363 Cochin: The Monarch, I Floor, P.T.Usha Road, Ernakulam, Cochin 682011. Ph:9947045339 Coimbatore: No 41-A, I Floor, West Lokmanya Steet, R.S.Puram, Coimbatore 641002. 0422-4360058 / 2542816Dehradun: C/o. Sundaram Finance Ltd., 57/19, II Floor, Shiva Palace, Rajpur Road, Dehradun 248001. Ph: 0135-3203262 /09719166626 Goa: C/o. Sundaram Finance, 103 & 104 Durga Chambers, 18th June Road, Panjim 403001. Ph No: 09860817771Guwahati: Kejriwal Bhawan, 2nd Floor, Oppsite Janta Hotel, G.S. Road, Guwahati 781001. Ph: 09954166281 Hyderabad: V VVintage Boulevard, F. No.203, 2nd Floor, Raj Bhavan Road, Somajiguda, Hydrebad 500082. Ph: 040-23393669 / 23390815 /23397600 Indore: 125,Starlit Towers, 29/1 Y.N.Road, Indore 452001. Ph: 0731-3203204 Jaipur: 303, 3rd Floor, Brij AnukampaTowers, Ashok Marg, C-Scheme, Jaipur 302011. Ph: 0141-5118364 / 3213853 Jallandhar: C/o Sundaram Finance Ltd., 5E, 1stFloor, Session Court Road, Near BMC Chook, Jallandhar 144001. Ph: 09872120037 Jodhpur: C/o Sundaram Finance Ltd., 120,I Floor, Mody Arcade, Chopasany Road, Near Bombay Motors, Jodhpur 342003. Ph: 9314613766 Kanpur: 2nd Floor, 218, 219Kan Chambers, 14/113, Civil Lines, Kanpur 208001. Ph: 0512-3018530 / 3013530 Kolkata: "Lords Building", 7/1, Lord SinhaRoad, Room No: 312, 3rd Floor, Kolkatta 700071. Ph: 033-30580160 / 61 / 62 / 63 / 22816707 / 22835504 Lucknow: 210A,2nd Floor, Saran Chambers-2, 5, Park Road, Lucknow 226001. Ph: 0522-3017882 / 3017882 / 09415109859 Ludhiana: SCO -18, 3rd Floor, No; 307, Feroze Gandhi Market, Opp. Ludhiana Stock Exchange, Ludhiana-141001. Ph: 0161-3018500 /9876197320 Madurai: No: 183C, North Veli Street, Opp: Duke Hotel, Madurai 625001. Ph: 0452-4376801 / 4377478 Mumbai:606, 6th Floor, Dalamal House, Nariman Point, Mumbai 400 021. Ph: 022-22842878 / 22842879 / 22833863 / 22842832Nagpur: C/O Fortune Business Centre, I Floor, 6 Vasant Vihar, W H C Road, Shankar Nagar, Nagpur-440010. Ph: 0712-2558581/09822832030 Nashik: L-17, Suyojit Sankul, Near Rajiv Gandhi Bhavan, Sharanpur Road, Nashik 422002. Ph: 09326788990New Delhi: 605,6th Floor, Ashoka Estate, 24,Barakhamba Road, New Delhi 110 001. Ph: 011-41515138 / 41515139 Patna: 205,Ashiana Hari Niwas, New Dak Bunglow Road, Patna 800001. Ph: 0612-3200593 Pondicherry: C/o. Sundaram Home FinanceLtd, 40, Mission Street, Pondicherry 605001. Ph: 09443090091 Pune: 1st Floor, Rachana Trade Estate, Erandwane, Opp SwadHotel, Pune 411004. Ph: 020-30280927 / 28 / 29 / 30 Raipur: B 12, Rajeev Nagar, Raipur 492007. Ph: 09893313588 Rajkot:C/o. Sundaram Finance Ltd, 2nd Floor, Titan Complex, Above Bank Off India, Near G T Sheth High School, Kalawad Road, Rajkot360001. Ph: 09825048797 Salem: New No.210, Old No 315C, AVK Arcade, Omalur Main Road, Opp, to New Bus Stand, Salem636004. Ph: 0427-4042827 / 9843081847 Surat: L-14, Jolly Plaza, Opp- Athwa Gate Police Station, Athwa Lines, Surat 395001.Ph: 0261-2461384 / 85 Trichy: Krishna Complex, 1st Floor, 60, Shastry Road, Tennur, Trichy 620017. Ph: 0431-2741509 /4020828 Trivandrum: "Uttaradam", TC 26/1309(4), Above Rohini Tyres, Panavilla Junction, Trivandrum 695001. Ph:09847089134 Ujjain: C/o. Sundaram Direct, 104, Parshana Tower, Sreeganj, Ujjain 456010 Ph: 09826777917 Varanasi: Flatno.7, 2nd Floor, Rama Kunj, C-32-22/17 Ram Sing Rana Nagar Colony, Cantt Sigra Road, Varanasi 221002. Vellore: First Floor,TKM Complex, 46-51, Katpadi Road, Vellore 632 004. Ph: 09843242336 Vijayawada: D.No. 40-10-5, Sree RamachandraComplex, Benz Circle, Bajaj Showroom Lane, Vijayawada 520010. Ph: 0866-2470778 / 9848032734 Vizag: 47-10-10, 2nd Floor,Rednam Regaency, Near Diamond Park, Dwarakanagar, Visakhapatnam 530016. Ph: 0891-3209440 / 98480 35892

SPONSORSundaram Finance LimitedRegistered Office: 21 Pattulos Road,Chennai-600 002Telephone: (044) 28521181Fax: (044) 28520456BNP Paribas Asset Management 5, Avenue Kleber,75116, Paris, FranceInvestment ManagerSundaram BNP Paribas Asset ManagementCompany Limited Registered Office: 21 Pattulos Road,Chennai-600 002Corporate Office Sundaram Towers II Floor46 Whites RoadRoyapettah Chennai 600014Telephone: (044) 28583362,

28583367Fax: (044) 28583156Registrar Computer Age Management Services (P) Ltd.,(Unit: Sundaram BNP Paribas Mutual Fund),Rayala Towers 3, 1st Floor, No. 158, Anna Salai,Chennai 600 002. Tel: (044) 30212401/02/03/04 /28521596 / 28520516 / 28520788Auditors of Sundaram BNP Paribas Mutual Fund M/s Sundaram & SrinivasanChartered Accountants23 C P Ramaswamy RoadAlwarpet, Chennai – 600 018Telephone: (044) 24970762

TRUSTEESSundaram BNP Paribas Trustee Company Limited Registered Office: 21 Pattulos Road,Chennai-600 002Corporate Office Sundaram Towers II Floor46, Whites RoadRoyapettah Chennai 600014Telephone: (044) 28583362,

28583367Fax: (044) 28583156Investor Relations ManagerS BalasubramanianHead – Customer Service & TransactionProcessingSundaram BNP Paribas Asset ManagementCompany LimitedSudharshan Building Annex, 2nd Floor,New No. 27, Old no. 14, Whites Road,Royapettah, Chennai - 600 014.Telephone: (044) 28583362,

28583367Fax: (044) 28583156Toll free: 1800 - 425 - 1000.CustodianStandard Chartered Bank24-25 M. G. RoadFort, Mumbai 400 0023Legal CounselT. K. Bhaskar, Partner, HSB Associates, New No.: 388, Lloyds Road, Chennai.Auditors of Sundaram BNP Paribas AssetManagement Company Limited M/s Brahmayya & Co.Chartered Accountants48, Masilamani Road, Balaji Nagar, Royapettah,Chennai 600 014.Ph: 044-28131128