equity fact sheet_june2011

APRIL 2011

FACT SHEETSFidelity Equity Fund

Fidelity Tax Advantage Fund

Fidelity India Special Situations Fund

Fidelity India Growth Fund

Fidelity International Opportunities Fund

Fidelity India Value Fund

Fidelity Global Real Assets Fund

Fidelity India Children’s Plan

Education Fund

Marriage Fund

Savings FundPast performance is no guarantee of future results.For award methodology please refer to page 201

Best EquityFund House(3 years)

I N V E S T W I T H T H E W O R L D ’ S M U T U A L F U N D M A N A G E R

JUNE 2011JUNE 2011

Name of the Instrument Industry % toNet Asets

Market Value(Rs in Lakhs)



PORTFOLIO STATEMENT as on June 30, 2011

Reliance Industries Ltd. Petroleum Products 22,797.22 6.57ICICI Bank Ltd. Banks 18,778.05 5.41ITC Ltd. Consumer Non Durables 17,306.06 4.98HDFC Bank Ltd. Banks 15,582.35 4.49Infosys Ltd. Software 15,512.47 4.47Tata Consultancy Services Ltd. Software 12,353.23 3.56Housing Development FinanceCorporation Ltd. Finance 10,710.31 3.08Cipla Ltd. Pharmaceuticals 8,072.64 2.33Larsen & Toubro Ltd. Construction Project 7,371.01 2.12Bank of Baroda Banks 6,844.36 1.97Oil & Natural Gas Corporation Ltd. Oil 6,612.51 1.90Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 6,545.55 1.89State Bank of India Banks 6,354.50 1.83NTPC Ltd. Power 6,151.18 1.77Gujarat Fluorochemicals Ltd. Gas 6,005.73 1.73Bajaj Auto Ltd. Auto 5,976.60 1.72Jindal Steel & Power Ltd. Ferrous Metals 5,852.35 1.69Shriram Transport FinanceCompany Ltd. Finance 5,619.38 1.62Axis Bank Ltd. Banks 5,592.78 1.61Bharat Heavy Electricals Ltd. Industrial Capital Goods 5,587.93 1.61Sun TV Network Ltd. Media & Entertainment 5,164.55 1.49Bharti Airtel Ltd. Telecom - Services 4,947.82 1.43Lupin Ltd. Pharmaceuticals 4,938.39 1.42Sterlite Industries ( India ) Ltd. Non - Ferrous Metals 4,755.50 1.37Rallis India Ltd. Pesticides 4,606.26 1.33Power Grid Corporation of India Ltd. Power 4,584.80 1.32Maruti Suzuki India Ltd. Auto 4,533.98 1.31Motherson Sumi Systems Ltd. Auto Ancillaries 4,437.76 1.28GAIL (India) Ltd. Gas 3,893.03 1.12Titan Industries Ltd. Consumer Non Durables 3,515.79 1.01Infrastructure DevelopmentFinance Company Ltd. Finance 3,481.19 1.00Hindustan Unilever Ltd. Consumer Non Durables 3,431.69 0.99Punjab National Bank Banks 3,361.47 0.97Jagran Prakashan Ltd. Media & Entertainment 3,357.62 0.97Gujarat State Petronet Ltd. Gas 3,346.10 0.96CMC Ltd. Hardware 3,338.69 0.96Crompton Greaves Ltd. Industrial Capital Goods 3,115.52 0.90Grasim Industries Ltd. Textile Products 2,919.02 0.84National Stock Exchange of India Ltd. Finance 2,718.90 0.78Kotak Mahindra Bank Ltd. Banks 2,666.49 0.77Dabur India Ltd. Consumer Non Durables 2,536.48 0.73D.B.Corp Ltd. Media & Entertainment 2,490.81 0.72Mundra Port and SpecialEconomic Zone Ltd. Transportation 2,390.37 0.69Max India Ltd. Industrial Products 2,345.33 0.68NIIT Ltd. Software 2,339.80 0.67LIC Housing Finance Ltd. Finance 2,216.29 0.64Ramky Infrastructure Ltd. Construction 2,109.95 0.61Indian Oil Corporation Ltd. Petroleum Products 2,086.22 0.60Century Textiles & Industries Ltd. Cement 2,075.30 0.60Coal India Ltd. Minerals/Mining 1,960.20 0.56Whirlpool of India Ltd. Consumer Durables 1,726.68 0.50Aventis Pharma Ltd. Pharmaceuticals 1,723.50 0.50Tata Steel Ltd. Ferrous Metals 1,662.76 0.48OnMobile Global Ltd. Telecom - Services 1,602.99 0.46Zee Entertainment Enterprises Ltd. Media & Entertainment 1,552.35 0.45Mcnally Bharat EngineeringCompany Ltd. Industrial Capital Goods 1,512.19 0.44Jubilant Foodworks Ltd. Consumer Non Durables 1,507.54 0.43Exide Industries Ltd. Auto Ancillaries 1,365.28 0.39KEC International Ltd. Power 1,357.99 0.39Standard Chartered PLC Banks 1,356.74 0.39

UltraTech Cement Ltd. Cement 1,285.35 0.37CESC Ltd. Power 1,193.19 0.34Texmaco Rail & Engineering Ltd. Industrial Capital Goods 1,177.01 0.34APL Apollo Tubes Ltd. Ferrous Metals 516.77 0.15Dr. Reddy’s Laboratories Ltd. - NCD Pharmaceuticals 126.59 0.04Cash & Current Assets 29,221.35 8.42

Fidelity Cash Fund -Super Institutional Plan -Growth Option Mutual Fund Units 3,002.11 0.86

Mutual Fund Units/Gold ETF

Net Assets 347,181.90 100.00

The portfolio turnover ratio of the scheme for the 1 year period ending30th June, 2011 is 0.24 times

The annualised total expense ratio for the financial year to date period is 1.84%

Fund Managers:Sandeep KothariAnirudh Gopalakrishnan -

-Total work experience of 17 years, managing this fund since July 2006Total work experience of over 10 years, managing this fund for foreign securities investments since October 2010

Record Date Dividend (Rs. Per unit) Ex-Dividend Date Reinvest NAV

22-Mar-2006 2.00000 23-Mar-2006 15.02100

30-Apr-2007 2.50000 03-May-2007 17.03100

13-Mar-2008 2.50000 14-Mar-2008 16.14500

02-Mar-2010 1.00000 03-Mar-2010 18.88700

17-Jan-2011 1.50000 18-Jan-2011 21.13500

DIVIDEND HISTORYas on June 30, 2011

Past performance may or may not be sustained in the future.

FIDELITY EQUITY FUND Vs BSE 200as on June 30, 2011

� Fidelity Equity Fund - Growth

BSE 200�

16-May-05 30-Jun-11

BSE 200 indexed to 10

42

38

34

30

26

22

18

14

10

6

An open-ended equity growth scheme

Past performance is no guarantee of future resultsFor award methodology please refer to page 202

5-IN-1FUND.5-STAR PERFORMER.

Past performance may or may not be sustained in the future.* Note: As per the SEBI standards for performance reporting, thesince inception return is calculated on NAV of Rs.10/- invested atinception. For this purpose the inception date is deemed to be thedate of allotment, i.e. 16-May-2005. NAV of Growth Option is used.FEF NAV as on 30 June 2011 was Rs.35.699. BSE 200 as on 30 June2011 was 2314.65. Returns for less than 1 year period are absoluteand those for greater than or equal to 1 year period are compoundedannualised. Source: FEF NAV and BSE 200 data - AMFI, BSE. FidelityEquity Fund is benchmarked to BSE 200.

PERFORMANCEas on June 30, 2011

INDUSTRY % OF NET ASSETS

INDUSTRY WISE CLASSIFICATION OF PORTFOLIO*as on June 30, 2011

Banks 17.44Software 8.70Cash & Current Assets 8.42Consumer Non Durables 8.15Petroleum Products 7.17Finance 7.13Pharmaceuticals 6.17Power 3.83Gas 3.81Media & Entertainment 3.62Industrial Capital Goods 3.28Auto 3.03Ferrous Metals 2.31Construction Project 2.12Oil 1.90Telecom - Services 1.89Auto Ancillaries 1.67Non - Ferrous Metals 1.37Pesticides 1.33Cement 0.97Hardware 0.96Mutual Fund Units/Gold ETF 0.86Textile Products 0.84Transportation 0.69Industrial Products 0.68Construction 0.61Minerals/Mining 0.56Consumer Durables 0.50

Grand Total: 100.00

* Based on AMFI Classification

PERIOD FEF BSE 2006 months -5.94% -8.65%1 year 7.50% 2.96%3 years 19.49% 12.08%5 years 18.77% 12.73%Since inception* 23.09% 17.44%

RISK / RISK ADJUSTED RETURN MEASURESas on June 30, 2011

FEF BSE 200

Annualised standard deviation 26.51% 32.73%Beta 0.80 NASharpe Ratio 0.42 0.12

All ratios are calculated based on 36 month performance. Risk free rate used: 8.30%

FEF Present value of SIP XIRRMonthly

SIP SIP Total Amount

Instalment AmountPeriod Valuation Date Invested FEF BSE 200 FEF BSE 200

since inception1000 (01-Jun-05 to 01-Jun-11) 30-Jun-11 73000 122948.54 104170.02 17.01% 11.57%

5 years1000 (03-Jul-06 to 01-Jun-11) 30-Jun-11 60000 89219.74 77506.67 15.90% 10.19%


1 year1000 (01-Jul-10 to 01-Jun-11) 30-Jun-11 12000 11952.60 11680.48 -0.74% -4.93%

Assume Rs.1000 invested every month. The 1 year, 3 years, 5 years and since inception returns from SIP are computed on the assumption that SIP installments wherereceived across the time periods from the start date of SIP. The CAGR is computed based on IRR since SIP installments are received at different intervals across theSIP period. XIRR calculates the internal rate of return for series of cash flows.

Past Performance may or may not be sustained in future. Load is not taken into consideration and Returns are of Growth Option.

SIP PERFORMANCE ( )as on June 30, 2011





Reliance Industries Ltd. Petroleum Products 7,878.70 6.32

ITC Ltd. Consumer Non Durables 6,341.18 5.09

HDFC Bank Ltd. Banks 5,975.49 4.79

ICICI Bank Ltd. Banks 5,949.79 4.77

Infosys Ltd. Software 5,290.24 4.24

Tata Consultancy Services Ltd. Software 4,664.47 3.74

Rallis India Ltd. Pesticides 4,269.55 3.42

Housing Development FinanceCorporation Ltd. Finance 3,358.03 2.69

Larsen & Toubro Ltd. Construction Project 3,112.41 2.50

Cipla Ltd. Pharmaceuticals 3,095.20 2.48

Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 2,556.05 2.05

Bank of Baroda Banks 2,347.10 1.88

Oil & Natural Gas Corporation Ltd. Oil 2,276.24 1.83

Sun TV Network Ltd. Media & Entertainment 2,207.55 1.77

Shriram Transport FinanceCompany Ltd. Finance 2,197.14 1.76

Bharat Heavy Electricals Ltd. Industrial Capital Goods 2,183.18 1.75

NTPC Ltd. Power 2,183.01 1.75

State Bank of India Banks 2,180.06 1.75

Bajaj Auto Ltd. Auto 2,173.56 1.74

Axis Bank Ltd. Banks 2,169.02 1.74

Gujarat Fluorochemicals Ltd. Gas 2,010.13 1.61

Power Grid Corporation of India Ltd. Power 1,802.11 1.45

Titan Industries Ltd. Consumer Non Durables 1,734.58 1.39

Jindal Steel & Power Ltd. Ferrous Metals 1,733.06 1.39

Motherson Sumi Systems Ltd. Auto Ancillaries 1,701.91 1.37

Bharti Airtel Ltd. Telecom - Services 1,696.81 1.36

Sterlite Industries ( India ) Ltd. Non - Ferrous Metals 1,618.09 1.30

Natco Pharma Ltd. Pharmaceuticals 1,616.30 1.30

GlaxoSmithKline Pharmaceuticals Ltd. Pharmaceuticals 1,592.34 1.28

GAIL (India) Ltd. Gas 1,508.78 1.21

Gujarat State Petronet Ltd. Gas 1,499.62 1.20

Lupin Ltd. Pharmaceuticals 1,448.02 1.16

Jagran Prakashan Ltd. Media & Entertainment 1,392.96 1.12

Infrastructure DevelopmentFinance Company Ltd. Finance 1,375.24 1.10

Punjab National Bank Banks 1,288.82 1.03

Hindustan Unilever Ltd. Consumer Non Durables 1,284.71 1.03

Crompton Greaves Ltd. Industrial Capital Goods 1,212.59 0.97

Maruti Suzuki India Ltd. Auto 1,184.25 0.95

National Stock Exchange of India Ltd. Finance 1,111.50 0.89

Kotak Mahindra Bank Ltd. Banks 1,070.05 0.86

Mundra Port and SpecialEconomic Zone Ltd. Transportation 944.22 0.76

Grasim Industries Ltd. Textile Products 905.01 0.73

Dabur India Ltd. Consumer Non Durables 885.65 0.71

Persistent Systems Ltd. Software 818.98 0.66

Mcleod Russel India Ltd. Consumer Non Durables 816.75 0.66

Century Textiles & Industries Ltd. Cement 790.40 0.63

CMC Ltd. Hardware 764.29 0.61

APL Apollo Tubes Ltd. Ferrous Metals 755.43 0.61

Coal India Ltd. Minerals/Mining 752.18 0.60

Max India Ltd. Industrial Products 727.87 0.58

NIIT Ltd. Software 720.96 0.58

Redington (India) Ltd. Trading 709.67 0.57

Ramky Infrastructure Ltd. Construction 699.21 0.56

Tata Steel Ltd. Ferrous Metals 639.31 0.51

D.B.Corp Ltd. Media & Entertainment 623.23 0.50

Aventis Pharma Ltd. Pharmaceuticals 605.63 0.49

Texmaco Ltd. Industrial Capital Goods 587.66 0.47

Mcnally Bharat EngineeringCompany Ltd. Industrial Capital Goods 577.45 0.46

OnMobile Global Ltd. Telecom - Services 574.57 0.46

Zee Entertainment Enterprises Ltd. Media & Entertainment 570.04 0.46

KEC International Ltd. Power 535.80 0.43

Standard Chartered PLC Banks 535.12 0.43

UltraTech Cement Ltd. Cement 505.58 0.41

Texmaco Rail & Engineering Ltd. Industrial Capital Goods 447.70 0.36

Whirlpool of India Ltd. Consumer Durables 427.29 0.34

Esab India Ltd. Industrial Products 389.33 0.31

Ahluwalia Contracts (India) Ltd. Construction 359.15 0.29

Dr. Reddy’s Laboratories Ltd. - NCD Pharmaceuticals 49.43 0.04

Cash & Current Assets 4,660.12 3.74

Net Assets 124,667.91 100.00

The portfolio turnover ratio of the scheme for the 1 year period endingis 0.20 times


30th June, 2011



Fund Manager:Sandeep Kothari - Total work experience of 17 years, managing this fund since July 2006

FIDELITY TAX ADVANTAGE FUND Vs BSE 200as on June 30, 2011


27-Feb-06 30-Jun-11

� Fidelity Tax Advantage Fund - Growth

BSE 200�


26

24

22

20

18

16

14

12

10

8

6Record Date Dividend (Rs. Per unit) Ex-Dividend Date Ex-Dividend NAV

13-Mar-2008 1.50000 14-Mar-2008 13.1750021-Dec-2010 1.50000 22-Dec-2010 19.18100


Past performance is no guarantee of future results. For award methodology please refer to page 203

An open-ended equity linked savings scheme BEST ELSS FUND



Banks 17.26Software 9.22Consumer Non Durables 8.87Pharmaceuticals 8.79Finance 6.45Petroleum Products 6.32Gas 4.03Industrial Capital Goods 4.02Media & Entertainment 3.85Cash & Current Assets 3.74Power 3.63Pesticides 3.42Auto 2.69Ferrous Metals 2.51Construction Project 2.50Oil 1.83Telecom - Services 1.82Auto Ancillaries 1.37Non - Ferrous Metals 1.30Cement 1.04Industrial Products 0.90Construction 0.85Transportation 0.76Textile Products 0.73Hardware 0.61Minerals/Mining 0.60Trading 0.57Consumer Durables 0.34Grand Total: 100.00* Based on AMFI Classification

Past performance may or may not be sustained in the future.* Note: As per the SEBI standards for performance reporting, theSince inception return is calculated on NAV of Rs. 10/- invested at

inception. For this purpose the inception date is deemed to be thedate of allotment, i.e. 27-Feb-2006. NAV of Growth Option is used.FTAF NAV as on 30 June 2011 was Rs. 21.07. BSE 200 as on 30 June2011 was 2314.65. Returns for less than 1 year period are absoluteand those for greater than or equal to 1 year period are compoundedannualised. Source: FTAF NAV and BSE 200 data - AMFI, BSE. FidelityTax Advantage Fund is benchmarked to BSE 200.


PERIOD FTAF BSE 200

6 months -6.42% -8.65%1 year 7.34% 2.96%3 Years 20.30% 12.08%5 Years 18.66% 12.73%Since inception* 15.98% 11.59%

RISK/RISK ADJUSTED RETURN MEASURESas on June 30, 2011

FTAF BSE 200

Annualised standard deviation 26.44% 32.73%Beta 0.80 N/ASharpe Ratio 0.45 0.12


FTAF Present value of SIP XIRRMonthly


Instalment AmountPeriod Valuation Date Invested FTAF BSE 200 FTAF BSE 200

since inception1000 (01-Mar-06 to 01-Jun-11) 30-Jun-11 64000 99367.12 84238.27 16.48% 10.24%




Assume Rs. 1000 invested every month. The 1 year, 3 years and since inception returns from SIP are computed on the assumption that SIP installments where receivedacross the time periods from the start date of SIP. The CAGR is computed based on IRR since SIP installments are received at different intervals across the SIP period.XIRR calculates the internal rate of return for series of cash flows.Past Performance may or may not be sustained in future. Load is not taken into consideration and Returns are of Growth Option.


An open-ended equity linked savings scheme






Domestic SecuritiesNational Stock Exchange of India Ltd. Finance 6,840.00 8.26Reliance Industries Ltd. Petroleum Products 4,673.87 5.65Infosys Ltd. Software 4,191.60 5.06ITC Ltd. Consumer Non Durables 3,465.56 4.19Tata Consultancy Services Ltd. Software 3,369.48 4.07State Bank of India Banks 2,868.65 3.47HDFC Bank Ltd. Banks 2,685.25 3.24FAG Bearings India Ltd. Industrial Products 2,204.72 2.66Shriram Transport FinanceCompany Ltd. Finance 1,984.03 2.40Housing Development FinanceCorporation Ltd. Finance 1,970.27 2.38ICICI Bank Ltd. Banks 1,944.96 2.35The Federal Bank Ltd. Banks 1,787.85 2.16Oil & Natural Gas Corporation Ltd. Oil 1,678.49 2.03CEAT Ltd. Auto Ancillaries 1,361.09 1.64Cipla Ltd. Pharmaceuticals 1,266.62 1.53Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 1,181.52 1.43Ahluwalia Contracts (India) Ltd. Construction 1,179.60 1.42The Jammu & Kashmir Bank Ltd. Banks 1,160.31 1.40ING Vysya Bank Ltd. Banks 1,124.98 1.36KPIT Cummins Infosystems Ltd. Software 985.03 1.19Standard Chartered PLC Banks 972.35 1.17Jindal Steel & Power Ltd. Ferrous Metals 959.72 1.16Jagran Prakashan Ltd. Media & Entertainment 939.32 1.13Allahabad Bank Banks 916.49 1.11The South Indian Bank Ltd. Banks 915.35 1.11Oberoi Realty Ltd. Construction 905.17 1.09Larsen & Toubro Ltd. Construction Project 901.33 1.09Gujarat State Petronet Ltd. Gas 849.31 1.03Infotech Enterprises Ltd. Software 821.86 0.99SKF India Ltd. Industrial Products 813.25 0.98Lupin Ltd. Pharmaceuticals 769.86 0.93Bharti Airtel Ltd. Telecom - Services 753.80 0.91Bajaj Holdings & Investment Ltd. Finance 731.20 0.88Bajaj Auto Ltd. Auto 716.21 0.87Corporation Bank Banks 691.34 0.84Redington (India) Ltd. Trading 685.08 0.83Power Grid Corporation of India Ltd. Power 664.63 0.80Sterlite Industries ( India ) Ltd. Non - Ferrous Metals 647.93 0.78Axis Bank Ltd. Banks 646.06 0.78IL&FS Investment Managers Ltd. Finance 641.11 0.77Bank of Baroda Banks 622.10 0.75CRISIL Ltd. Finance 577.02 0.70The Great Eastern ShippingCompany Ltd. Transportation 540.06 0.65IndusInd Bank Ltd. Banks 521.06 0.63Sun TV Network Ltd. Media & Entertainment 513.51 0.62Amara Raja Batteries Ltd. Auto Ancillaries 512.18 0.62Coal India Ltd. Minerals/Mining 501.85 0.61Indian Oil Corporation Ltd. Petroleum Products 491.95 0.59LIC Housing Finance Ltd. Finance 486.83 0.59IPCA Laboratories Ltd. Pharmaceuticals 476.66 0.58Shree Cements Ltd. Cement 451.56 0.55MindTree Ltd. Software 447.81 0.54Zee Entertainment Enterprises Ltd. Media & Entertainment 446.34 0.54Bajaj Electricals Ltd. Consumer Durables 445.24 0.54Oracle Financial Services Software Ltd. Software 444.24 0.54Nucleus Software Exports Ltd. Software 417.22 0.50Lovable Lingerie Ltd. Textile Products 405.97 0.49CESC Ltd. Power 383.73 0.46ICRA Ltd. Finance 382.66 0.46Sobha Developers Ltd. Construction 379.66 0.46Maruti Suzuki India Ltd. Auto 352.01 0.43Asian Paints Ltd. Consumer Non Durables 351.86 0.43Ramky Infrastructure Ltd. Construction 332.13 0.40NTPC Ltd. Power 327.13 0.40Tata Steel Ltd. Ferrous Metals 325.75 0.39GAIL (India) Ltd. Gas 296.58 0.36Consolidated ConstructionConsortium Ltd. Construction 280.09 0.34Indian Overseas Bank Banks 277.97 0.34

Rallis India Ltd. Pesticides 276.69 0.33Tata Motors Ltd. Auto 273.27 0.33NIIT Technologies Ltd. Software 260.50 0.31Mangalam Cement Ltd. Cement 201.71 0.24B. L. Kashyap and Sons Ltd. Construction 190.54 0.23HeidelbergCement India Ltd. Cement 182.41 0.22Transformers And Rectifiers (India) Ltd. Industrial Capital Goods 171.61 0.21PTC India Ltd. Power 171.37 0.21Persistent Systems Ltd. Software 141.47 0.17Texmaco Rail & Engineering Ltd. Industrial Capital Goods 138.91 0.17JK Cement Ltd. Cement 134.72 0.16Eveready Industries India Ltd. Consumer Non Durables 67.25 0.08Texmaco Ltd. Industrial Capital Goods 52.02 0.06WABCO-TVS (INDIA) Ltd. Auto Ancillaries 26.65 0.03Dr. Reddy’s Laboratories Ltd. - NCD Pharmaceuticals 24.39 0.03Nagarjuna Agrichem Ltd. Pesticides 12.50 0.02Cash & Current Assets 1,491.36 1.80

British American Tobacco ADR Consumer Staples 1,001.52 1.21K T & G Corp Consumer Staples 906.12 1.09Gafisa ADR Household Goods &

Home Construction 551.01 0.67Korea Electric Power Corporation Utilities 411.10 0.50Teva Pharmaceutical Industry ADR Healthcare 240.31 0.29

Foreign Securities/Overseas ETFs

Net Assets 82,783.88 100.00



30th June, 2011

Fund Managers: Nitin Bajaj -Anirudh Gopalakrishnan -

Total work experience of 12 years, managing this fund since June 2009Total work experience of over 10 years, managing this fund for foreign securities investments since October 2010

Record Date Dividend (Rs. Per unit) Ex-Dividend Date Reinvest NAV

02-Mar-2010 1.50000 03-Mar-2010 14.58700


FIDELITY INDIA SPECIAL SITUATIONS FUND Vs BSE 200as on June 30, 2011


� Fidelity India Special Situations Fund - Growth

BSE 200�

22-May-06 30-Jun-11


24

22

20

18

16

14

12

10

8

6



* Note: As per the SEBI standards for performance reporting, the

Since inception return is calculated on NAV of Rs. 10/- invested at

inception. For this purpose the inception date is deemed to be the

date of allotment, i.e. 22-May-2006. NAV of Growth Option is used.

FISS NAV as on 30 June 2011 was Rs. 18.51. BSE 200 as on 30 June

2011 was 2314.65. Returns for less than 1 year period are absolute

and those for greater than or equal to 1 year period are compounded

annualised. Source: FISS NAV and BSE 200 data - AMFI, BSE. Fidelity

India Special Situations Fund is benchmarked to BSE 200.


PERIOD FISS BSE 200

6 months -6.25% -8.65%1 year 5.92% 2.96%3 Year 16.25% 12.08%5 Years 15.07% 12.73%Since inception* 12.81% 12.23%

RISK / RISK ADJUSTED RETURN MEASURESas on June 30, 2011

FISS BSE 200





Banks 20.70Finance 16.44Software 13.38Petroleum Products 6.24Consumer Non Durables 4.69Pharmaceuticals 4.49Construction 3.95Industrial Products 3.65Auto Ancillaries 2.30Media & Entertainment 2.29Oil 2.03Power 1.87Cash & Current Assets 1.80Auto 1.62Ferrous Metals 1.55Gas 1.38Cement 1.17Construction Project 1.09Telecom - Services 0.91Trading 0.83Non - Ferrous Metals 0.78Transportation 0.65Minerals/Mining 0.61Consumer Durables 0.54Textile Products 0.49Industrial Capital Goods 0.44Pesticides 0.35Total 96.24* Based on AMFI classification

SECTOR % OF NET ASSETS

Consumer Staples 2.30Household Goods & Home Construction 0.67Utilities 0.50Healthcare 0.29Total 3.76* Based on MSCI sector classification

DOMESTIC SECURITIES

FISS Present value of SIP XIRRMonthly


Instalment AmountPeriod Valuation Date Invested FISS BSE 200 FISS BSE 200





Assume Rs. 1000 invested every month. The 1 year, 3 years and since inception returns from SIP are computed on the assumption that SIP installments wherereceived across the time periods from the start date of SIP. The CAGR is computed based on IRR since SIP installments are received at different intervals across theSIP period. XIRR calculates the internal rate of return for series of cash flows.

Past Performance may or may not be sustained in future. Load is not taken into consideration and Returns are of Growth Option.








Domestic Securities

Foreign Securities / Overseas ETFs

National Stock Exchange of India Ltd. Finance 5,130.00 13.19





Cipla Ltd. Pharmaceuticals 1,080.29 2.78


Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 840.37 2.16

Jagran Prakashan Ltd. Media & Entertainment 793.99 2.04

Bank of Baroda Banks 697.13 1.79

Axis Bank Ltd. Banks 677.77 1.74

Bharat Heavy Electricals Ltd. Industrial Capital Goods 656.34 1.69

Sun TV Network Ltd. Media & Entertainment 631.79 1.62

Power Grid Corporation of India Ltd. Power 628.61 1.62

The Federal Bank Ltd. Banks 598.58 1.54

Shriram Transport FinanceCompany Ltd. Finance 551.85 1.42

NTPC Ltd. Power 522.63 1.34

Gujarat Fluorochemicals Ltd. Gas 513.13 1.32

Infrastructure DevelopmentFinance Company Ltd. Finance 512.80 1.32

Rallis India Ltd. Pesticides 486.27 1.25

Punjab National Bank Banks 486.02 1.25

Oil & Natural Gas Corporation Ltd. Oil 475.74 1.22

Lupin Ltd. Pharmaceuticals 460.53 1.18

Larsen & Toubro Ltd. Construction Project 417.29 1.07

Bajaj Auto Ltd. Auto 411.94 1.06

Crompton Greaves Ltd. Industrial Capital Goods 380.70 0.98

State Bank of India Banks 354.30 0.91

Kotak Mahindra Bank Ltd. Banks 351.20 0.90

Cummins India Ltd. Industrial Products 346.29 0.89


Hindustan Unilever Ltd. Consumer Non Durables 320.18 0.82

Mcnally Bharat EngineeringCompany Ltd. Industrial Capital Goods 305.63 0.79


Titan Industries Ltd. Consumer Non Durables 288.15 0.74


Gujarat State Petronet Ltd. Gas 201.56 0.52



Origin Energy Ltd. Energy 996.93 2.56

Samsung Electronics Co Ltd. Information Technology 855.30 2.20

BHP Billiton Ltd. Materials 825.87 2.12

Newcrest Mining Ltd. Materials 793.91 2.04

Wesfarmers Ltd. - PPP Consumer Staples 766.98 1.97

Shinhan Financial Group Company Ltd.Financials 709.13 1.82

Perusahaan Gas Negara PT Utilities 628.67 1.62

Hong Kong Exchanges & Clearing Ltd. Financials 608.42 1.56

Hyundai Dept Stores Co Ltd. Consumer Discretionary 478.28 1.23

Rio Tinto Ltd. Materials 445.65 1.15

ResMed Inc. Healthcare Equipmentand services 419.72 1.08

Banpu NVDR Mining 382.93 0.98

K T & G Corp Consumer Staples 359.47 0.92

Standard Chartered PLC Financials 354.63 0.91

NHN Corporation Information Technology 345.70 0.89

Hon Hai Precision IndustryCompany Ltd. Information Technology 288.22 0.74

CSL Ltd. (Australia) Healthcare 208.14 0.54

Telstra Corporation Ltd. Telecommunication Services 195.55 0.50

Net Assets 38,886.90 100.00



30th June, 2011

Fund Managers: Sandeep KothariAnirudh Gopalakrishnan -

-Total work experience of 17 years, managing this fund since July 2006Total work experience of over 10 years, managing this fund for foreign securities investments since October 2010

Past performance may or may not be sustained in the future

* FIOF is benchmarked to a custom benchmark created by assigning 65%weight to BSE 200 and 35% weight to MSCI AC Asia Pacific ex Japan.

FIDELITY INTERNATIONAL OPPORTUNITIES FUND Vs BENCHMARK*as on June 30, 2011

� Fidelity International Opportunities Fund - Growth

Benchmark*�

28-May-07 30-Jun-11

Benchmark is indexed to 10

16

15

14

13

12

11

10

9

8

7

6

5



inception. For this purpose the inception date is deemed to be thedate of allotment, i.e. 28-May-2007. NAV of Growth Option is used.FIOF NAV as on 30 June 2011 was Rs. 13.444. Benchmark value as on30 June 2011 was 13.52. Benchmark returns Returns for less then 1year are absolute and those of greater than or equal to 1 year periodare compunded annualised. Source: FIOF NAV and benchmark data- AMFI, Fidelity. ** FIOF is benchmarked to a custom benchmarkcreated by assigning 65% weight to BSE 200 and 35% weight toMSCI AC Asia Pacific ex Japan.


PERIOD FIOF Benchmark**

6 months -6.77% -4.87%1 year 7.78% 10.43%3 years 12.24% 11.15%Since inception* 7.50% 7.65%

FIOF Present value of SIP XIRRMonthly


Instalment AmountPeriod Valuation Date Invested FIOF Benchmark FIOF Benchmark



1 year1000 (01-Jul-10 to 01-Jun-11) 30-Jun-11 12000 11864.90 12047.71 -2.09% 0.74%



RISK/RISK ADJUSTED RETURN MEASURESas on June 30, 2011

FIOF Benchmark





Banks 16.25Finance 15.93Software 6.93Pharmaceuticals 6.17Petroleum Products 6.04Industrial Capital Goods 4.21Media & Entertainment 3.67Power 2.96Cash & Current Assets 2.62Gas 1.84Consumer Non Durables 1.56Pesticides 1.25Oil 1.22Construction Project 1.07Auto 1.06Industrial Products 0.89Textile Products 0.86Ferrous Metals 0.63Total 75.15* Based on AMFI Classification

DOMESTIC SECURITIES


Materials 5.31Financials 4.30Information Technology 3.83Consumer Staples 2.90Energy 2.56Utilities 1.62Consumer Discretionary 1.23Healthcare Equipment and services 1.08Mining 0.98Healthcare 0.54Telecommunication Services 0.50

Total 24.85* Based on MSCI sector classification










ITC Ltd. Consumer Non Durables 1,717.06 4.96



Housing Development Finance

Corporation Ltd. Finance 1,111.00 3.21

Gujarat Fluorochemicals Ltd. Gas 962.58 2.78

Cipla Ltd. Pharmaceuticals 957.56 2.77

National Stock Exchange of India Ltd. Finance 855.00 2.47

Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 828.45 2.39

Rallis India Ltd. Pesticides 807.69 2.33

Larsen & Toubro Ltd. Construction Project 769.62 2.22

Bharat Heavy Electricals Ltd. Industrial Capital Goods 736.39 2.13

Bank of Baroda Banks 710.43 2.05

Axis Bank Ltd. Banks 652.81 1.89

State Bank of India Banks 639.73 1.85

Shriram Transport Finance

Company Ltd. Finance 630.06 1.82

Sterlite Industries ( India ) Ltd. Non - Ferrous Metals 584.32 1.69

NTPC Ltd. Power 557.23 1.61

Kotak Mahindra Bank Ltd. Banks 537.94 1.55

Bajaj Auto Ltd. Auto 508.88 1.47

Sun TV Network Ltd. Media & Entertainment 499.45 1.44

Oil & Natural Gas Corporation Ltd. Oil 492.95 1.42

Gujarat State Petronet Ltd. Gas 471.61 1.36

Infrastructure Development

Finance Company Ltd. Finance 461.62 1.33

Power Grid Corporation of India Ltd. Power 456.74 1.32

Bharti Airtel Ltd. Telecom - Services 445.04 1.29

GAIL (India) Ltd. Gas 437.24 1.26

Jagran Prakashan Ltd. Media & Entertainment 417.63 1.21

Crompton Greaves Ltd. Industrial Capital Goods 410.26 1.19

Maruti Suzuki India Ltd. Auto 379.41 1.10

Lupin Ltd. Pharmaceuticals 364.59 1.05

Hindustan Unilever Ltd. Consumer Non Durables 356.48 1.03

Mundra Port and Special

Economic Zone Ltd. Transportation 287.88 0.83

Titan Industries Ltd. Consumer Non Durables 284.12 0.82

Indian Oil Corporation Ltd. Petroleum Products 276.19 0.80

Redington (India) Ltd. Trading 260.69 0.75

Persistent Systems Ltd. Software 257.40 0.74

CMC Ltd. Hardware 246.23 0.71



Century Textiles & Industries Ltd. Cement 220.20 0.64

NIIT Ltd. Software 218.19 0.63

Ramky Infrastructure Ltd. Construction 213.81 0.62

Mcnally Bharat Engineering

Company Ltd. Industrial Capital Goods 213.51 0.62

Zee Entertainment Enterprises Ltd. Media & Entertainment 211.11 0.61

Mcleod Russel India Ltd. Consumer Non Durables 205.70 0.59

KEC International Ltd. Power 189.29 0.55


Esab India Ltd. Industrial Products 168.79 0.49

Nucleus Software Exports Ltd. Software 151.62 0.44

Natco Pharma Ltd. Pharmaceuticals 137.52 0.40



Net Assets 34,616.77 100.00

The portfolio turnover ratio of the scheme for the 1 year period endingis 0.14 times.


30th June, 2011

Fund Managers:Sandeep KothariAnirudh Gopalakrishnan -

- Total work experience of 17 years, managing this fund since July 2006Total work experience of over 10 years, managing this fund for foreign securities investments since October 2010

Past performance may or may not be sustained in the future

FIDELITY INDIA GROWTH FUND Vs BSE 200as on June 30, 2011

� Fidelity India Growth Fund - Growth

BSE 200�

23-Oct-07 30-Jun-11


15

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4


Winner: CNBC TV18-CRISIL MutualFund Awards 2011, Larg CapOriented Funds category*

Winner: CNBC TV18-CRISIL MutualFund Awards 2011, Larg CapOriented Funds category*

Past performance is no guaranteeof future resultsFor awardmethodologyplease refer to page 204

GROWTH ON A LARGE SCALE


inception. For this purpose the inception date is deemed to be thedate of allotment, i.e. 23-Oct-2007. NAV of Growth Option is used.FIGF NAV as on 30 June 2011 was Rs 12.351. BSE 200 as on 30 June2011 was 2314.65. Returns for less than 1 year period are absoluteand those of greater than or equal to 1 year period are compoundedannualised. Source: FIGF NAV and BSE 200 data - AMFI, BSE.Fidelity India Growth Fund is benchmarked to BSE 200.




Banks 17.55Software 11.63Finance 8.83Petroleum Products 8.13Consumer Non Durables 7.40Pharmaceuticals 6.66Cash & Current Assets 6.28Gas 5.41Industrial Capital Goods 4.64Power 3.48Media & Entertainment 3.26Auto 2.57Pesticides 2.33Construction Project 2.22Non - Ferrous Metals 1.69Oil 1.42Telecom - Services 1.29Transportation 0.83Trading 0.75Hardware 0.71Textile Products 0.70Cement 0.64Construction 0.62Ferrous Metals 0.49Industrial Products 0.49

Grand Total: 100.00

* Based on AMFI Classification

PERIOD FIGF BSE 200

6 Months -6.59% -8.65%

1 Year 7.62% 2.96%

3 Years 19.19% 12.08%

Since inception* 5.89% 0.76%

RISK ADJUSTED RETURN MEASURESas on June 30, 2011

FIGF BSE 200

Annualised standard deviation 27.07% 32.73%Beta 0.82 NASharpe Ratio 0.40 0.12



FIGF Present value of SIP XIRRMonthly


Instalment AmountPeriod Valuation Date Invested FIGF BSE 200 FIGF BSE 200

since inception1000 (01-Nov-07 to 01-Jun-11) 30-Jun-11 44000 61521.48 54500.74 18.61% 11.72%










Domestic SecuritiesReliance Industries Ltd. Petroleum Products 908.82 6.23Infosys Ltd. Software 656.68 4.50State Bank of India Banks 525.66 3.60HDFC Bank Ltd. Banks 467.87 3.21Shriram Transport FinanceCompany Ltd. Finance 428.82 2.94Housing Development FinanceCorporation Ltd. Finance 370.23 2.54FAG Bearings India Ltd. Industrial Products 346.39 2.37ICICI Bank Ltd. Banks 337.55 2.31The Federal Bank Ltd. Banks 333.30 2.28Oil & Natural Gas Corporation Ltd. Oil 315.83 2.16Tata Consultancy Services Ltd. Software 298.57 2.05ING Vysya Bank Ltd. Banks 292.23 2.00Ahluwalia Contracts (India) Ltd. Construction 267.47 1.83CEAT Ltd. Auto Ancillaries 244.43 1.67Redington (India) Ltd. Trading 239.89 1.64Axis Bank Ltd. Banks 239.86 1.64Gujarat State Petronet Ltd. Gas 237.38 1.63The Jammu & Kashmir Bank Ltd. Banks 221.58 1.52ITC Ltd. Consumer Non Durables 216.78 1.49Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 216.72 1.49Power Grid Corporation of India Ltd. Power 214.35 1.47Jindal Steel & Power Ltd. Ferrous Metals 206.38 1.41IL&FS Investment Managers Ltd. Finance 198.19 1.36The South Indian Bank Ltd. Banks 195.08 1.34Jagran Prakashan Ltd. Media & Entertainment 194.76 1.33Cipla Ltd. Pharmaceuticals 192.54 1.32Standard Chartered PLC Banks 189.27 1.30Sun TV Network Ltd. Media & Entertainment 185.47 1.27Lupin Ltd. Pharmaceuticals 176.35 1.21Coal India Ltd. Minerals/Mining 142.37 0.98Bharti Airtel Ltd. Telecom - Services 142.04 0.97Sterlite Industries ( India ) Ltd. Non - Ferrous Metals 141.65 0.97Oberoi Realty Ltd. Construction 139.33 0.95Corporation Bank Banks 138.57 0.95WABCO-TVS (INDIA) Ltd. Auto Ancillaries 134.31 0.92Infotech Enterprises Ltd. Software 128.58 0.88Allahabad Bank Banks 125.74 0.86Bank of Baroda Banks 121.34 0.83Larsen & Toubro Ltd. Construction Project 119.55 0.82ICRA Ltd. Finance 114.48 0.78Consolidated ConstructionConsortium Ltd. Construction 113.00 0.77MindTree Ltd. Software 107.45 0.74Tata Steel Ltd. Ferrous Metals 103.05 0.71KPIT Cummins Infosystems Ltd. Software 101.95 0.70Shree Cements Ltd. Cement 99.48 0.68Amara Raja Batteries Ltd. Auto Ancillaries 98.65 0.68GAIL (India) Ltd. Gas 97.37 0.67Indian Oil Corporation Ltd. Petroleum Products 94.93 0.65Thangamayil Jewellery Ltd. Consumer Non Durables 94.57 0.65FDC Ltd. Pharmaceuticals 94.07 0.64B. L. Kashyap and Sons Ltd. Construction 92.79 0.64LIC Housing Finance Ltd. Finance 90.90 0.62IPCA Laboratories Ltd. Pharmaceuticals 88.60 0.61Hinduja Global Solutions Ltd. Software 85.96 0.59The Great Eastern ShippingCompany Ltd. Transportation 81.97 0.56Divi’s Laboratories Ltd. Pharmaceuticals 81.03 0.56PTC India Ltd. Power 80.73 0.55NTPC Ltd. Power 80.69 0.55Natco Pharma Ltd. Pharmaceuticals 79.65 0.55SKF India Ltd. Industrial Products 79.31 0.54Lovable Lingerie Ltd. Textile Products 77.17 0.53NIIT Technologies Ltd. Software 73.47 0.50CESC Ltd. Power 72.39 0.50Sobha Developers Ltd. Construction 71.61 0.49Phillips Carbon Black Ltd. Chemicals 71.12 0.49Maruti Suzuki India Ltd. Auto 66.72 0.46Nucleus Software Exports Ltd. Software 65.63 0.45Tata Motors Ltd. Auto 64.34 0.44IndusInd Bank Ltd. Banks 63.39 0.43

Indian Overseas Bank Banks 61.53 0.42Bajaj Electricals Ltd. Consumer Durables 60.72 0.42TIL Ltd. Industrial Capital Goods 60.56 0.41Mangalam Cement Ltd. Cement 57.77 0.40Mcnally Bharat EngineeringCompany Ltd. Industrial Capital Goods 54.30 0.37Rallis India Ltd. Pesticides 52.70 0.36Ramky Infrastructure Ltd. Construction 46.60 0.32HeidelbergCement India Ltd. Cement 46.21 0.32Motilal Oswal Financial Services Ltd. Finance 45.85 0.31CMC Ltd. Hardware 45.43 0.31Shiv-Vani Oil & Gas ExplorationServices Ltd. Oil 43.90 0.30Esab India Ltd. Industrial Products 40.71 0.28Eveready Industries India Ltd. Consumer Non Durables 39.64 0.27Noida Toll Bridge Company Ltd. Transportation 36.19 0.25Sasken CommunicationTechnologies Ltd. Software 35.21 0.24Transformers And Rectifiers (India) Ltd. Industrial Capital Goods 32.00 0.22CRISIL Ltd. Finance 29.39 0.20Persistent Systems Ltd. Software 28.87 0.20Texmaco Rail & Engineering Ltd. Industrial Capital Goods 28.77 0.20JK Cement Ltd. Cement 28.01 0.19Nagarjuna Agrichem Ltd. Pesticides 22.81 0.16GEI Industrial Systems Ltd. Industrial Capital Goods 20.16 0.14Texmaco Ltd. Industrial Capital Goods 10.15 0.07KNR Constructions Ltd. Construction 6.72 0.05Dr. Reddy’s Laboratories Ltd. - NCD Pharmaceuticals 4.47 0.03Cash & Current Assets 237.80 1.63

British American Tobacco ADR Consumer Staples 193.34 1.32K T & G Corp Consumer Staples 146.79 1.01Gafisa ADR Household Goods &

Home Construction 116.70 0.80Korea Electric Power Corporation Utilities 74.96 0.51Teva Pharmaceutical Industry ADR Healthcare 46.79 0.32

Foreign Securities / Overseas ETFs

Net Assets 14,593.43 100.00

The portfolio turnover ratio of the scheme for the period endingis 0.51 times


30th June, 2011

Fund Managers: Nitin Bajaj -Anirudh Gopalakrishnan -

Total work experience of 12 years, managing this fund since June 2009Total work experience of over 10 years, managing this fund for foreign securities investments since October 2010

FIDELITY INDIA VALUE FUND Vs BSE 200as on June 30, 2011


� Fidelity India Value Fund

BSE 200�

08-Jan-10 30-Jun-11


14

13

12

11

10

9

8




Banks 22.70Software 10.84Finance 8.76Petroleum Products 6.88Pharmaceuticals 6.40Construction 5.05Auto Ancillaries 3.27Industrial Products 3.20Power 3.07Media & Entertainment 2.61Oil 2.46Consumer Non Durables 2.41Gas 2.29Ferrous Metals 2.12Trading 1.64Cash & Current Assets 1.63Cement 1.59Industrial Capital Goods 1.41Minerals/Mining 0.98Telecom - Services 0.97Non - Ferrous Metals 0.97Auto 0.90Construction Project 0.82Transportation 0.81Textile Products 0.53Pesticides 0.52Chemicals 0.49Consumer Durables 0.42Hardware 0.31

Total 96.04* Based on AMFI Classification

Past performance may or may not be sustained in the future.* Note: As per the SEBI standards for performance reporting, theSince inception return is calculated on NAV of Rs.10/- invested at

inception. For this purpose the inception date is deemed to be thedate of allotment, i.e. 8-Jan-2010. NAV of Growth Option is used.FIVF NAV as on 30 June 2011 was Rs.10.829. BSE 200 as on 30 June2011 was 2314.65. Returns for less than 1 year period are absoluteand those of greater than or equal to 1 year period are compoundedannualised. Source: FIVF NAV and BSE 200 data - AMFI, BSE. FidelityIndia Growth Fund is benchmarked to BSE 200.


PERIOD FIVF BSE 200

6 Months -9.52% -8.65%1 Year 1.25% 2.96%Since inception* 5.55% 3.09%


Consumer Staples 2.33

Household Goods & Home Construction 0.80

Utilities 0.51

Healthcare 0.32

Total 3.96

* Based on MSCI sector classification

DOMESTIC SECURITIES


PORTFOLIO STATEMENT OF UNDERLYING FUND - FIDELITY GLOBAL REAL ASSET SECURITIES FUND as on June 30, 2011

Royal Dutch Shell Plc Oil, Gas & Consumable Fuels Energy UK 4.08Anadarko Petroleum Corp Oil, Gas & Consumable Fuels Energy USA 2.97Exxon Mobil Corp Oil, Gas & Consumable Fuels Energy USA 2.80Newcrest Mining Ltd. Metals & Mining Materials ASTL 2.71Bg Group Plc Oil, Gas & Consumable Fuels Energy UK 2.61Emerson Elec Co Electrical Equipment Capital Goods USA 2.34Apache Corp Oil, Gas & Consumable Fuels Energy USA 2.17Simon Ppty Group Inc - Reit Real Estate Investment

Trusts (Reits) Real Estate USA 2.00General Electric Co Industrial Conglomerates Capital Goods USA 1.98Baker Hughes Inc Energy Equipment & Services Energy USA 1.95Larsen & Toubro Ltd. (Demat) Construction & Engineering Capital Goods IND 1.95Occidental Petroleum Corp Oil, Gas & Consumable Fuels Energy USA 1.90American Tower Corp Cl A Wireless Telecom Services Telecommuni

-cation Services USA 1.90Bayer Ag Pharmaceuticals Pharm, Biotech,

& Life Science GERW 1.86Public Storage Real Estate Investment

Trusts (Reits) Real Estate USA 1.84Safran (Societe D Applicat) Aerospace & Defense Capital Goods FRAN 1.71Rolls-Royce Holdings Plc Aerospace & Defense Capital Goods UK 1.65Danaher Corp Industrial Conglomerates Capital Goods USA 1.64Peabody Energy Corp Oil, Gas & Consumable Fuels Energy USA 1.64Bp Plc Oil, Gas & Consumable Fuels Energy UK 1.64Sika Ag (Br) Chemicals Materials SWIT 1.60Thyssen Krupp Ag Metals & Mining Materials GERW 1.60Keyence Corp Electronic Equip., Inst. & Comp. Technology

Hardware &Equip JAPA 1.59

Prysmian Spa Electrical Equipment Capital Goods ITAL 1.54Johnson Matthey Plc Chemicals Materials UK 1.53Suncor Enrgy Inc Oil, Gas & Consumable Fuels Energy CANA 1.53Kubota Corp Machinery Capital Goods JAPA 1.47Israel Chemical Ltd. Chemicals Materials ISRA 1.39Gazprom O A O Oil, Gas & Consumable Fuels Energy RUS 1.38Cummins India Ltd. Machinery Capital Goods IND 1.30Mitsubishi Estate Co Ltd. Real Estate Mgt & Dev Real Estate JAPA 1.26Lonmin Plc Metals & Mining Materials UK 1.25Continental Res Okla Oil, Gas & Consumable Fuels Energy USA 1.24Galp Energia Sgps Sa Oil, Gas & Consumable Fuels Energy PTGL 1.23Xstrata Plc Metals & Mining Materials UK 1.21Heidelbergcement Ag (Gerw) Construction Materials Materials GERW 1.18Korea Electric Power Corp Electric Utilities Utilities KOR 1.14Anglo Amer Plc (Uk) Metals & Mining Materials UK 1.10Linde Ag Chemicals Materials GERW 1.08Oneok Inc Gas Utilities Utilities USA 1.06Schoeller-Bleckmann Oil (Aust) Energy Equipment & Services Energy AUST 1.04Iluka Resources Limited Metals & Mining Materials ASTL 1.04Osisko Mining Corp Metals & Mining Materials CANA 1.04Verbund Ag Electric Utilities Utilities AUST 1.02Lanxess Ag Chemicals Materials GERW 1.02Nabtesco Corp Machinery Capital Goods JAPA 1.02Sl Green Realty Corp Reit Real Estate Investment

Trusts (Reits) Real Estate USA 0.98Sba Communications Corp Cl A Wireless Telecom Services Telecommuni

-cation Services USA 0.97Foster Wheeler Ag Construction & Engineering Capital Goods SWIT 0.96Macarthur Coal Ltd. Metals & Mining Materials ASTL 0.94Petroleo Brasileiro-Petrobras Oil, Gas & Consumable Fuels Energy BRAZ 0.94Fiat Industrial Spa Machinery Capital Goods ITAL 0.92London Mining Plc (Uk) Metals & Mining Materials UK 0.92E.On Ag Electric Utilities Utilities GERW 0.88

Detour Gold Corp Metals & Mining Materials CANA 0.86China Resources Land Ltd. Real Estate Mgt & Dev Real Estate CHNR 0.85Postnl Nv Air Freight & Logistics Transportation NETH 0.80Eurocommercial Cva Real Estate Investment

Trusts (Reits) Real Estate NETH 0.79Sawada Holdings Co Ltd. Capital Markets Diversified

Financials JAPA 0.77Chemtura Corp New Chemicals Materials USA 0.76Ntt Urban Development Corp Real Estate Mgt & Dev Real Estate JAPA 0.74Arcelormittal Sa (Neth) Metals & Mining Materials LUX 0.71Shaw Group Inc Construction & Engineering Capital Goods USA 0.67Weatherford International Ltd. Energy Equipment & Services Energy SWIT 0.65First Quantum Minerals Inc Metals & Mining Materials CANA 0.60James Hardie Industries Se Cdi Construction Materials Materials IREL 0.55Oberoi Realty Ltd. Real Estate Mgt & Dev Real Estate IND 0.40Soco Intl Plc Oil, Gas & Consumable Fuels Energy UK 0.35Banro Corp Metals & Mining Materials CANA 0.32Canacol Energy Ltd. Oil, Gas & Consumable Fuels Energy CANA 0.20Oxford Catalysts Group Plc Energy Equipment & Services Energy UK 0.19New Guinea Energy Ltd. Oil, Gas & Consumable Fuels Energy ASTL 0.18Petromanas Energy Inc Oil, Gas & Consumable Fuels Energy CANA 0.15Tibet 5100 Water Res Hldgs Ltd.Beverages Food Beverage

& Tobacco GCAY 0.12Northern Petroleum Plc Oil, Gas & Consumable Fuels Energy UK 0.10African Petroleum Corp Ltd. Metals & Mining Materials ASTL 0.08

Cash Cash Cash Cash 5.42


Name of the Instrument % toNet Asets

Fidelity Funds - Global Real Asset Securities Fund 13,483.75 99.49%

Fidelity Cash Fund - Institutional Plan - Growth Option 124.61 0.92%

Market ValueRs. in Lacs

% toNet Asets

Market ValueRs. in Lacs

Name of the Instrument

Net Current Assets/(Liabilities) -56.04 -0.41%

Net Assets 13,552.32 100.00%

The annualised total expense ratio for the financial year to date period is 0.75%Investors in FGRAF shall bear the recurring expenses of the scheme in addition toexpenses of underlying scheme

Name of the Instrument Industry % toNet AsetsSector Listed

CountryName of the Instrument Industry % to

Net AsetsSector ListedCountry

FIDELITY GLOBAL REAL ASSETS FUND Vs BENCHMARK*as on June 30, 2011


*FGRAF is benchmarked to a custom benchmark - Global Real Assets Blended Index - created byassigning 20% to MSCI ACWI Industrials, 20% to MSCI ACWI Real Estate, 10% to MSCI ACWIUtilities, 20% MSCI ACWI Materials and 30% to MSCI ACWI Energy.

Fund Manager of Underlying Fund:- Total work experience of over 14 years, managing the fund since September 2009.Amit Lodha

Fund Manager: Anirudh Gopalakrishnan - Total work experience of over 10 years, managing this fund for foreign securities investments sinceOctober 2010

� Fidelity Global Real Assets Fund

Custom Benchmark - Rebased�

11-Feb-10 30-Jun-11

Benchmark is indexed to 10

An open-ended fund of funds scheme

9

10

11

12

13

14

15

Past performance may or may not be sustained in the future.* Note: As per the SEBI standards for performance reporting, theSince inception return is calculated on NAV of Rs.10/- invested at

inception. For this purpose the inception date is deemed to be thedate of allotment, i.e. 11-Feb-2010. NAV of Growth Option is used.FGRAF NAV as on 30 June 2011 was Rs.13.02. Custom benchmark ason 30 June 2011 was 125.82. Returns for less than 1 year period areabsolute and those of greater than or equal to 1 year period arecompounded annualised. Source: FGRAF NAV and custombenchmark - Amfi and FIL Ltd. Fidelity Global Real Assets Fund is isbenchmarked to custom benchmark.



SECTOR ALLOCATION OF UNDERLYING FUND -FIDELITY GLOBAL REAL ASSET SECURITIES FUND*

as on June 30, 2011

Energy 30.94

Materials 23.50

Capital Goods 19.16

Real Estate 10.72

Others 6.16

Utilities 4.10

Cash 5.42

Grand Total 100.00

*Based on MSCI sector classification.

PERIOD FGRAF BENCHMARK

Six Months 3.07% 4.77%1 Year 30.81% 31.04%Since inception* 21.06% 17.23%

COUNTRY % OF NET ASSETS

COUNTRY ALLOCATION OF UNDERLYING FUND -FIDELITY GLOBAL REAL ASSET SECURITIES FUND

as on June 30, 2011

Source: FIL Ltd. Benchmark: Global Real Asset Custom Blended Index (MSCIACWI Industrials (20%), Real Estate (20%), Utilities (10%), Materials (20%),Energy (30%)

USA 30.83

UK 16.64

Others 14.07

Germany 7.62

Australia 7.01

Japan 6.85

Canada 4.70

India 3.65

Switzerland 3.21

Cash 5.42

Grand Total 100.00

An open-ended fund of funds scheme





Domestic SecuritiesReliance Industries Ltd. Petroleum Products 48.15 4.39Infosys Ltd. Software 33.76 3.08ITC Ltd. Consumer Non Durables 30.99 2.83State Bank of India Banks 27.75 2.53HDFC Bank Ltd. Banks 25.03 2.28Shriram Transport FinanceCompany Ltd. Finance 21.28 1.94FAG Bearings India Ltd. Industrial Products 20.35 1.86Housing Development FinanceCorporation Ltd. Finance 19.13 1.75ICICI Bank Ltd. Banks 18.49 1.69The Federal Bank Ltd. Banks 16.99 1.55Oil & Natural Gas Corporation Ltd. Oil 16.06 1.47ING Vysya Bank Ltd. Banks 15.37 1.40Tata Consultancy Services Ltd. Software 15.19 1.39Ahluwalia Contracts (India) Ltd. Construction 15.02 1.37Gujarat State Petronet Ltd. Gas 12.88 1.17Redington (India) Ltd. Trading 12.71 1.16The Jammu & Kashmir Bank Ltd. Banks 12.39 1.13IL&FS Investment Managers Ltd. Finance 12.11 1.10CEAT Ltd. Auto Ancillaries 11.82 1.08Power Grid Corporation of India Ltd. Power 11.63 1.06Axis Bank Ltd. Banks 11.61 1.06Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 11.58 1.06Jindal Steel & Power Ltd. Ferrous Metals 11.45 1.04The South Indian Bank Ltd. Banks 11.05 1.01Lupin Ltd. Pharmaceuticals 10.57 0.96Jagran Prakashan Ltd. Media & Entertainment 10.38 0.95Standard Chartered PLC Banks 10.08 0.92Cipla Ltd. Pharmaceuticals 9.86 0.90Sun TV Network Ltd. Media & Entertainment 9.59 0.88Oberoi Realty Ltd. Construction 9.57 0.87Allahabad Bank Banks 8.10 0.74WABCO-TVS (INDIA) Ltd. Auto Ancillaries 7.85 0.72Sterlite Industries ( India ) Ltd. Non - Ferrous Metals 7.59 0.69KPIT Cummins Infosystems Ltd. Software 7.50 0.68Bank of Baroda Banks 7.26 0.66ICRA Ltd. Finance 7.03 0.64Coal India Ltd. Minerals/Mining 6.97 0.64Infotech Enterprises Ltd. Software 6.75 0.62Bharti Airtel Ltd. Telecom - Services 6.41 0.58Larsen & Toubro Ltd. Construction Project 6.35 0.58Corporation Bank Banks 6.07 0.55Amara Raja Batteries Ltd. Auto Ancillaries 5.76 0.53Tata Steel Ltd. Ferrous Metals 5.32 0.48Hinduja Global Solutions Ltd. Software 5.24 0.48Divi’s Laboratories Ltd. Pharmaceuticals 5.06 0.46Indian Oil Corporation Ltd. Petroleum Products 5.03 0.46IPCA Laboratories Ltd. Pharmaceuticals 4.98 0.45Sobha Developers Ltd. Construction 4.92 0.45Phillips Carbon Black Ltd. Chemicals 4.81 0.44CESC Ltd. Power 4.79 0.44GAIL (India) Ltd. Gas 4.77 0.44The Great Eastern ShippingCompany Ltd. Transportation 4.64 0.42Shree Cements Ltd. Cement 4.63 0.42Natco Pharma Ltd. Pharmaceuticals 4.46 0.41NIIT Technologies Ltd. Software 4.46 0.41MindTree Ltd. Software 4.37 0.40Thangamayil Jewellery Ltd. Consumer Non Durables 4.31 0.39Maruti Suzuki India Ltd. Auto 4.29 0.39Nucleus Software Exports Ltd. Software 4.18 0.38B. L. Kashyap and Sons Ltd. Construction 4.08 0.37FDC Ltd. Pharmaceuticals 4.03 0.37TIL Ltd. Industrial Capital Goods 4.02 0.37Consolidated ConstructionConsortium Ltd. Construction 3.97 0.36PTC India Ltd. Power 3.86 0.35LIC Housing Finance Ltd. Finance 3.68 0.34Tata Motors Ltd. Auto 3.52 0.32

Mcnally Bharat EngineeringCompany Ltd. Industrial Capital Goods 3.52 0.32SKF India Ltd. Industrial Products 3.48 0.32NTPC Ltd. Power 3.11 0.28IndusInd Bank Ltd. Banks 2.97 0.27Noida Toll Bridge Company Ltd. Transportation 2.91 0.27CRISIL Ltd. Finance 2.78 0.25Rallis India Ltd. Pesticides 2.73 0.25Indian Overseas Bank Banks 2.71 0.25HeidelbergCement India Ltd. Cement 2.65 0.24Ramky Infrastructure Ltd. Construction 2.62 0.24CMC Ltd. Hardware 2.43 0.22Bajaj Electricals Ltd. Consumer Durables 2.41 0.22Mangalam Cement Ltd. Cement 2.24 0.20Sasken CommunicationTechnologies Ltd. Software 2.18 0.20Persistent Systems Ltd. Software 2.15 0.20Esab India Ltd. Industrial Products 2.09 0.19GEI Industrial Systems Ltd. Industrial Capital Goods 2.07 0.19Transformers And Rectifiers (India) Ltd. Industrial Capital Goods 2.04 0.19Nagarjuna Agrichem Ltd. Pesticides 1.98 0.18KNR Constructions Ltd. Construction 1.94 0.18JK Cement Ltd. Cement 1.89 0.17Shiv-Vani Oil & Gas ExplorationServices Ltd. Oil 1.85 0.17Eveready Industries India Ltd. Consumer Non Durables 1.82 0.17Motilal Oswal Financial Services Ltd. Finance 1.59 0.14Dr. Reddy’s Laboratories Ltd. - NCD Pharmaceuticals 0.14 0.01Cash & Current Assets 39.33 3.59

Fidelity Short Term Income Fund -Growth Option Mutual Fund Units 304.94 27.81


Net Assets 1,096.43 100.00



30th June, 2011


Fund Managers:Nitin Bajaj -Shriram Ramanathan -Anirudh Gopalakrishnan -

Total work experience of 12 years, managing this fund since February 2011Total work experience 14 years, managing this fund since February 2011

Total work experience of over 10 years, managing this fund for foreign securities investments since February 2011

Education Fund

Fidelity India Children s Plan - Education Fund VsCrisil Education Option Index

as on June 30, 2011

� Fidelity India Children’s PlanEducation Fund - Growth

Education Option Index�

07-Feb-11 30-Jun-11

14

13

12

11

10

9

8

An open-ended hybrid plancomprising three funds

Past performance may or may not be sustained in the future.Education Fund is benchmarked to a custom benchmark created by assigning

70% weight to BSE 200 Index and 30% to Crisil Short Term Fund Index.


SECTOR ALLOCATION OFFIDELITY INDIA CHILDREN S PLAN - EDUCATION FUND*

as on June 30, 2011

Mutual Fund Units/Gold ETF 27.81Banks 16.04Software 7.82Finance 6.16Petroleum Products 4.85Pharmaceuticals 4.62Construction 3.84Cash & Current Assets 3.59Consumer Non Durables 3.39Industrial Products 2.36Auto Ancillaries 2.32Power 2.13Media & Entertainment 1.82Oil 1.63Gas 1.61Ferrous Metals 1.53Trading 1.16Industrial Capital Goods 1.06Cement 1.04Auto 0.71Non - Ferrous Metals 0.69Transportation 0.69Minerals/Mining 0.64Telecom - Services 0.58Construction Project 0.58Chemicals 0.44Pesticides 0.43Hardware 0.22Consumer Durables 0.22

Grand Total: 100.00

*Based on AMFI sector classification.


* Note: As per the SEBI standards for performance reporting, the Since inception return is calculated on NAV of Rs.10/- invested at inception. For this

purpose the inception date is deemed to be the date of allotment, i.e. 7-February-2011. NAV of Growth Option is used. FICF - E NAV as on 30 June

2011 was Rs.10.098. Crisil Education Option Index as on 30 June 2011 was 10.39. Returns for less than 1 year period are absolute and those for greater

than or equal to 1 year period are compounded annualised. Source: FICP- E NAV and Education Option Index Data - AMFI,Crisil. **Education Fund is

benchmarked to a custom benchmark created by assigning 70% weight to BSE 200 Index and 30% to Crisil Short Term Fund Index.


PERIOD FICPE BENCHMARK


Education Fund

Fund Managers: Nitin Bajaj -Shriram Ramanathan -Anirudh Gopalakrishnan -









Domestic SecuritiesReliance Industries Ltd. Petroleum Products 52.78 4.36Infosys Ltd. Software 39.00 3.22ITC Ltd. Consumer Non Durables 33.41 2.76State Bank of India Banks 30.11 2.49HDFC Bank Ltd. Banks 25.89 2.14Shriram Transport FinanceCompany Ltd. Finance 24.56 2.03Housing Development FinanceCorporation Ltd. Finance 22.45 1.85FAG Bearings India Ltd. Industrial Products 21.63 1.79ICICI Bank Ltd. Banks 19.29 1.59The Federal Bank Ltd. Banks 18.98 1.57Oil & Natural Gas Corporation Ltd. Oil 17.66 1.46Tata Consultancy Services Ltd. Software 16.59 1.37Ahluwalia Contracts (India) Ltd. Construction 16.37 1.35ING Vysya Bank Ltd. Banks 16.28 1.34Redington (India) Ltd. Trading 13.88 1.15Gujarat State Petronet Ltd. Gas 13.75 1.13The Jammu & Kashmir Bank Ltd. Banks 13.61 1.12IL&FS Investment Managers Ltd. Finance 13.52 1.12Power Grid Corporation of India Ltd. Power 13.41 1.11CEAT Ltd. Auto Ancillaries 13.15 1.09Axis Bank Ltd. Banks 12.90 1.06Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 12.45 1.03Jindal Steel & Power Ltd. Ferrous Metals 12.31 1.02Sun TV Network Ltd. Media & Entertainment 11.76 0.97Lupin Ltd. Pharmaceuticals 11.48 0.95Jagran Prakashan Ltd. Media & Entertainment 11.43 0.94The South Indian Bank Ltd. Banks 10.82 0.89Cipla Ltd. Pharmaceuticals 10.68 0.88Standard Chartered PLC Banks 9.87 0.82Oberoi Realty Ltd. Construction 9.81 0.81Larsen & Toubro Ltd. Construction Project 9.36 0.77Sterlite Industries ( India ) Ltd. Non - Ferrous Metals 8.29 0.68KPIT Cummins Infosystems Ltd. Software 8.25 0.68WABCO-TVS (INDIA) Ltd. Auto Ancillaries 8.06 0.67Bank of Baroda Banks 7.83 0.65MindTree Ltd. Software 7.32 0.60Coal India Ltd. Minerals/Mining 7.31 0.60Infotech Enterprises Ltd. Software 7.31 0.60Bharti Airtel Ltd. Telecom - Services 7.22 0.60Allahabad Bank Banks 7.21 0.60ICRA Ltd. Finance 7.20 0.59Corporation Bank Banks 6.93 0.57LIC Housing Finance Ltd. Finance 6.29 0.52Amara Raja Batteries Ltd. Auto Ancillaries 6.28 0.52Tata Steel Ltd. Ferrous Metals 6.24 0.51GAIL (India) Ltd. Gas 5.96 0.49Indian Oil Corporation Ltd. Petroleum Products 5.95 0.49SKF India Ltd. Industrial Products 5.66 0.47IPCA Laboratories Ltd. Pharmaceuticals 5.32 0.44Hinduja Global Solutions Ltd. Software 5.30 0.44Divi’s Laboratories Ltd. Pharmaceuticals 5.28 0.44Shree Cements Ltd. Cement 5.12 0.42The Great Eastern ShippingCompany Ltd. Transportation 5.06 0.42Sobha Developers Ltd. Construction 5.05 0.42CESC Ltd. Power 4.87 0.40Thangamayil Jewellery Ltd. Consumer Non Durables 4.83 0.40Phillips Carbon Black Ltd. Chemicals 4.77 0.39Bajaj Electricals Ltd. Consumer Durables 4.69 0.39NTPC Ltd. Power 4.65 0.38B. L. Kashyap and Sons Ltd. Construction 4.61 0.38Natco Pharma Ltd. Pharmaceuticals 4.53 0.37FDC Ltd. Pharmaceuticals 4.52 0.37Nucleus Software Exports Ltd. Software 4.48 0.37Mangalam Cement Ltd. Cement 4.47 0.37NIIT Technologies Ltd. Software 4.46 0.37Consolidated ConstructionConsortium Ltd. Construction 4.32 0.36Maruti Suzuki India Ltd. Auto 4.29 0.35TIL Ltd. Industrial Capital Goods 4.20 0.35

PTC India Ltd. Power 4.10 0.34Sasken CommunicationTechnologies Ltd. Software 4.09 0.34Motilal Oswal Financial Services Ltd. Finance 3.95 0.33Mcnally Bharat EngineeringCompany Ltd. Industrial Capital Goods 3.74 0.31Tata Motors Ltd. Auto 3.55 0.29CRISIL Ltd. Finance 3.20 0.26IndusInd Bank Ltd. Banks 2.97 0.25Indian Overseas Bank Banks 2.73 0.23Rallis India Ltd. Pesticides 2.71 0.22CMC Ltd. Hardware 2.61 0.22Ramky Infrastructure Ltd. Construction 2.55 0.21HeidelbergCement India Ltd. Cement 2.44 0.20Noida Toll Bridge Company Ltd. Transportation 2.42 0.20Esab India Ltd. Industrial Products 2.32 0.19Nagarjuna Agrichem Ltd. Pesticides 2.17 0.18Persistent Systems Ltd. Software 2.13 0.18Eveready Industries India Ltd. Consumer Non Durables 2.10 0.17Transformers And Rectifiers (India) Ltd. Industrial Capital Goods 2.10 0.17KNR Constructions Ltd. Construction 1.94 0.16GEI Industrial Systems Ltd. Industrial Capital Goods 1.94 0.16JK Cement Ltd. Cement 1.92 0.16Shiv-Vani Oil & Gas ExplorationServices Ltd. Oil 1.87 0.15Dr. Reddy’s Laboratories Ltd. - NCD Pharmaceuticals 0.16 0.01Cash & Current Assets 51.24 4.23

Benchmark Mutual Fund -Gold Benchmark ExchangeTraded Scheme Gold ETF 214.10 17.68Fidelity Short Term Income Fund -Growth Option Mutual Fund Units 112.88 9.31


Net Assets 1,211.26 100.00



30th June, 2011

Marriage Fund




Fidelity India Children s Plan - Marriage Fund VsCrisil Marriage Option Index

as on June 30, 2011

� Fidelity India Children’s PlanMarriage Fund Growth

Marriage Option Index�

07-Feb-11 30-Jun-11

14

13

12

11

10

9

8


Past performance may or may not be sustained in the future.Marriage Fund is benchmarked to a custom benchmark created by assigning 70%

to BSE 200 Index, 20% to Gold Prices and 10% to Crisil Short Term Bond Fund Index.


* Note: As per the SEBI standards for performance reporting, the

Since inception return is calculated on NAV of Rs.10/- invested at

inception. For this purpose the inception date is deemed to be the

date of allotment, i.e. 07-February-2011. Returns for less than one

year period are absolute and those for greater than or equal to one

year period are compounded annualised. NAV of Growth Option is

used. FICP- S NAV as on 30 June, 2011 was Rs.10.284. Crisil Short

Term Bond Fund Index as on 30 June, 2011 was 1746.69 Source:

Crisil Short Term Bond Fund Index- AMFI. Fidelity India Childrens

Plan - Savings Fund NAV - AMFI.




Past performance may or may not be sustained in the future.* Note: As per the SEBI standards for performance reporting, the Sinceinception return is calculated on NAV of Rs. 10/- invested at inception.For this purpose the inception date is deemed to be the date ofallotment, i.e. 7-February-2011. NAV of Growth Option is used. FICF -M NAV as on 30 June 2011 was Rs. 10.208. Crisil Marriage option Indexas on 30 June 2011 was 10.52 . Returns for less than 1 year period areabsolute and those for greater than or equal to 1 year period arecompounded annualised. Source: FICP- M NAV and Education OptionIndex Data - AMFI, Crisil. **Marriage Fund is benchmarked to a custombenchmark created by assigning 70% to BSE 200 Index, 20% to GoldPrices and 10% to Crisil Short Term Bond Fund Index.



SECTOR ALLOCATION OFFIDELITY INDIA CHILDREN S PLAN - MARRIAGE FUND*

as on June 30, 2011

Mutual Fund Units/Gold ETF 26.99Banks 15.31Software 8.17Finance 6.70Petroleum Products 4.85Pharmaceuticals 4.49Cash & Current Assets 4.23Construction 3.69Consumer Non Durables 3.33Industrial Products 2.44Auto Ancillaries 2.27Power 2.23Media & Entertainment 1.91Gas 1.63Oil 1.61Ferrous Metals 1.53Cement 1.15Trading 1.15Industrial Capital Goods 0.99Construction Project 0.77Non - Ferrous Metals 0.68Auto 0.65Transportation 0.62Minerals/Mining 0.60Telecom - Services 0.60Pesticides 0.40Chemicals 0.39Consumer Durables 0.39Hardware 0.22

Grand Total: 100.00



Marriage Fund Savings Fund


Fidelity Short Term Income Fund - Growth Option 116.77 95.24%Net Current Assets / (Liabilities) 5.84 4.76%

The annualised total expense ratio of the scheme is 0.50%

Net Assets 122.61 100.00%

Mutual Fund Units Market Value % to(Rs. in Lakhs) NAV




Crisil Short Term Bond Fund Index to 10

07-Feb-11 30-Jun-11

� Fidelity India Children’s PlanSavings Fund Growth

Crisil Short Term Bond Fund Index�

Fidelity India Children s Plan - Savings Fund VsCrisil Short Term Bond Fund Index

as on June 30, 2011


Ahmedabad Gurgaon Pune

Bangalore Kolkata Secunderabad

301, Raindrops Building, Ground Floor, Unit No. 406, 4th Floor,Opp. Cargo Motors, Unitech World Cyber Park, Nucleus Mall,C. G. Road, Ellis Bridge, Sector - 39, 1, Church Road, Camp,Ahmedabad 380 006 Gurgaon 122 001 Pune 411 001

#205-207, 2nd Floor, 408, 4th Floor, No 1-8-304-307, 3rd Floor,Phoenix Towers, Azimganj House, Kamala Towers,16 & 16/1, Museum Road, 7, Camac Street, Pattigadda Street No 1,Bangalore 560 025 Kolkata 700 017 (above Mody Ford showroom),

Begumpet,

Tower - D,

Secunderabad 500 003

3rd Floor, Investwell Centre, 91, 6th Floor,G. N. Chetty Road, Mafatlal Centre, 1800 2000 400 orT. Nagar, Nariman Point, 91 124 3915655Chennai 600 017 Mumbai 400 021 between 9 am - 6 pm

(Monday - Friday)

Chennai MumbaiContact us on Toll free number

LOAD STRUCTUREFEF, FISS, FIOF, FIGF, FIVF & FGRAF

Fidelity India Children s Plan

- Exit Load: Within 1 year from the date of allotment or Purchase applying First in First Out basis: 1.00%. A switch-out or a withdrawal under SWPor a transfer under STP may also attract an Exit Load like any Redemption. No Exit Load/CDSC will be chargeable in case of switches made between different options of the Scheme.FTAF Exit: Nil. The units allotted under FTAF have a lock-in period of 3 years from the allotment date. No Exit loads will be chargeable in case of; (I) Units allotted on account ofdividend re-investment; and (ii) Units issued by way of bonus, if any. - Exit Loads - Education & Marriage Fund : For redemption within 1 year, 2 years and3 years from the date of allotment or Purchase applying First in First Out basis - 3%, 2% and 1% respectively, No Exit Load/CDSC will be chargeable in case of switches made betweendifferent options of the same Fund or between different Funds within the Plan and in case of transfer under STP.

No Exit Load will be chargeable in case of redemption of: (i) Units allotted on account of dividend re-investments; and (ii) Units issuedby way of bonus, if any.

Savings Fund: Exit load: Within 1 year from the date of allotment orPurchase applying First in First Out basis: 0.5%

- Fidelity is adjudged the 'Best Group - Equity' over past three years as on December 31, 2010. Fund groups with at least three equity, three bond,and three mixed-asset funds are eligible for an overall group award. An overall group award will be given to the group with the lowest average decile1 ranking of its respective assetclass results. In cases of identical results the lower average percentile rank will determine the winner. No overall group awards are handed out if there are less then three competingcompanies. The group awards are given to the company that is responsible for establishing the fund by appointing the fund management company, promoting and/or distributingthe fund, the brand of the fund and the product range. This company is also referred as promoter or sponsor company. Although Lipper makes reasonable efforts to ensure theaccuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee,or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user's own risk. This is not an offer to buy or sell securities. For adetailed explanation please review the Lipper Leaders methodology document on www.lipperweb.com Fidelity Equity Fund has been ranked asa Five Star Fund in the category of 'Open Ended Diversified Equity - Defensive schemes for its 1 year performance till December 31, 2010. The rank is an outcome of an objective andcomparative analysis against various parameters, including: risk adjusted return, fund size, company concentration and portfolio turnover. The ranking methodology did not take intoaccount loads imposed by the Fund. There were 118 schemes considered in 'Open Ended Diversified Equity - Defensive' category for the ranking exercise. The rank is neither acertificate of statutory compliance nor any guarantee on the future performance of Fidelity Mutual Fund. Ranking Source & Publisher: ICRA Online Limited.

Fidelity Tax Advantage Fund has been ranked as a Seven-Star/Best Fund in the 'Open-Ended Equity Linked Savings Scheme (ELSS)' category for its 3-yearperformance till December 31, 2010. The ranks are an outcome of an objective and comparative analysis against various parameters, including: risk adjusted return, fund size,company concentration, portfolio turnover and liquidity. The ranking methodology did not take into account entry and exit loads imposed by the Fund. There were 23 schemesconsidered for the 3-year performance in 'Open-Ended Equity Linked Savings Scheme (ELSS)' category for the ranking exercise. The rank is neither a certificate of statutorycompliance nor any guarantee on the future performance of Fidelity Tax Advantage Fund. Ranking Source & Publisher: ICRA Online Limited.

Fidelity Tax Advantage Fund - Dividend has been awarded the Morningstar Fund Awards (India) in the 'India Open-Ended ELSS (Tax Savings)' category for its one and three-year performance ending December 31, 2010. The methodology eliminates schemes based on fund size, below-median calendar year returns, and allocates a score on the basis ofreturns in one-year and three-year periods and the risk rank for a three-year period. The methodology also includes various qualitative measures like the portfolio manager's tenurewith the fund, the fund's deviation from its investment mandate, among others. There were 18 fund classes considered in 'India Open- Ended ELSS (Tax Savings)' category for theaward exercise. Loads were not considered while calculating returns. The award should not be construed as an offer, the solicitation of an offer, to buy or sell securities, byMorningstar. It is neither a certificate of statutory compliance nor any guarantee on the future performance. Ranking Source: Morningstar India.

Award: Fidelity Tax Advantage Fund won the CNBC TV18-CRISIL Mutual Fund of the Year Award 2011 in the Equity Linked Savings Schemes Category. In total 25 schemes wereeligible for the award universe. Schemes present in all four quarterly CRISIL Mutual Fund Ranking were considered for the award. The award is based on consistency of the scheme'sperformance in the four quarterly CRISIL Mutual Fund Rankings released during the calendar year 2010. The individual CRISIL Mutual Fund Ranking parameter scores averaged for thefour quarters were further multiplied by the parameter weights as per the CRISIL Mutual Fund Ranking methodology to arrive at the final scores. A detailed methodology of the CRISILMutual Fund Ranking is available at www.crisil.com Ranking Source: CRISIL FundServices, CRISIL Ltd.

Fidelity India Growth Fund won the CNBC TV18 - CRISIL Mutual Fund Awards 2011 in the Large Cap Oriented Funds category. In total 28 schemes were eligible for the awarduniverse. Schemes present in all four quarterly CRISIL Mutual Fund Ranking were considered for the award. The award is based on consistency of the scheme's performance in the fourquarterly CRISIL Mutual Fund Rankings released during the calendar year 2010. The individual CRISIL Mutual Fund Ranking parameter scores averaged for the four quarters werefurther multiplied by the parameter weights as per the CRISIL Mutual Fund Ranking methodology to arrive at the final scores. A detailed methodology of the CRISIL Mutual FundRanking is available at www.crisil.com. Rankings and Award Source: CRISIL FundServices, CRISIL Ltd.

1

2

3

4

Lipper Fund Awards India 2011

Fidelity Equity Fund - ICRA Award:

Fidelity Tax AdvantageFund - ICRA Award:

Morningstar Fund Awards(India):

CNBC TV18-CRISIL MutualFund:

Fidelity India Growth Fund - CNBC TV18-CRISIL Mutual FundAward:

Mutual fund investments are subject to market risksRead the Scheme Information Document and Statement of AdditionalInformation carefully before investing.Fidelity, Fidelity International and Pyramid Logo are trademarks of FIL Limited

Mutual fund investments are subject to market risksRead the Scheme Information Document and Statement of AdditionalInformation carefully before investing.

CI02179

equity fact sheet_june2011

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