FACTSHEET - Essel Finance AMC Limited FACTSHEET June, 2016 ... RBI policy: RBI announced its...

1

FACTSHEET June, 2016

Kargil Vijay Diwas is celebrated on 26th July every year in honour of the Kargil War's Heroes. It is named after the success of Operation Vijay and marks the day in 1999 on which India successfully regained command of the high outposts which had been lost to Pakistani intruders. The Kargil War lasted more than 60 days and resulted in the loss of life on both sides, India and Pakistan. This day is celebrated in the Kargil – Dras sec-tor and the national capital New Delhi, where the Prime Minister of India, pays homage to the soldiers at Amar Jawan Jyoti at India Gate every year. Functions are also organ-ized all over the country to commemorate the contribution of our Armed Forces. Peerless family salutes all the brave soldiers who fought for the country and brought us this victory.

Table of Contents Fixed Income Market Commentary by Mr. Killol Pandya 3

Equity Market Commentary by Mr. Amit Nigam 5

Peerless Liquid Fund 6

Peerless Ultra Short Term Fund 7

Peerless Short Term Fund 8

Peerless Fixed Income Fund 9

Peerless Income Plus Fund 10

Peerless 3 in 1 Fund 11

Peerless Equity Fund 12

Peerless Mid Cap Fund 13

Peerless Long Term Advantage Fund 13

Funds at a Glance 14

Peerless Mutual Fund Offices & Product Labeling 15

3

Fixed Income Market Commentary for the month of June 2016

Inflation: CPI continued to harden and printed at 5.76% (Vs 5.39% last month). This was higher than market expectations. WPI infla-tion remained in the positive territory while hardening to +0.79% (Vs +0.34% last month). This too, was higher than market expecta-tions. The IIP print came in relatively weaker at – 0.86% (Vs +0.10% last month). These data points were seen by the markets to be indicating an extended pause in the reference rates as set by RBI. INR: The INR has seen relative depreciation on account of a glob-ally strengthening USD. It began the month at about 67.22 (Vs USD) and ended the month at about 67.525. Going ahead, the currency may exhibit volatility. FPIs flows and the global trajectory of the USD and other major currencies may cause volatility in the INR in the coming weeks. RBI policy: RBI announced its monetary policy on 7th June and its key takeaways were as under: Key takeaways:

RBI kept Repo, Reverse repo and CRR rates unchanged at

6.50%, 6.00% and 4.00% resp. MSF was also kept unchanged at 7.00%

RBI has kept the GDP target unchanged at 7.6% and the CPI

inflation target for FY17 unchanged at 5% as of now.

RBI noted that global economic environment remained weak

with major markets such as China, USA and Japan continuing to show weakness.

RBI noted that domestic indicators seemed to hint at a gradual

economic pick-up though it also noted that the economy showed slack in capacity utilization.

RBI noted that the inflation reading in recent times was higher

than previously expected and has raised concerns about the inflation trajectory in coming months.

RBI remained concerned about the uncertainties relating to

monsoons, global commodity prices and supply side manage-ment by the Government.

It also noted that many banks had stressed balance sheets

and that the investment cycle was yet to definitively pick up. On the systemic liquidity front, it noted that RBI had assisted the markets via OMOs and that Govt .spend too appeared to have increased thereby reducing the systemic cash negativity.

Views and Comments: RBI’s policy statement seems to be quite balanced and was more or less in line with market expectations. It has kept the GDP and inflation targets unchanged and underpinned its commitment to-wards balancing growth with a sustainably low inflation.

…..Continued on Pg 4

It has expressed concerns relating to inflation and inflation expec-tations. The major drivers of these concerns are the progress of monsoons, uptick in global commodity prices (esp. Crude oil) and easing of supply side constraints. However, it also noted that good monsoons, increased capacity utilization and effective supply man-agement by the Govt. can alleviate these concerns. RBI reiterated the need for a better transmission of monetary pol-icy actions.RBI expects domestic demand to pick up on the back of good monsoons as well as implementation of 7th pay commission, OROP etc. which bodes well for the outlook on our economy.

It has elucidated in some detail, its plans for Liquidity management and reiterated its intention of moving towards a neutral long term liquidity situation in the coming quarters. Overall, RBIs policy tenor can be termed as Neural. It’s a wait and watch policy is adroit in the context of major upcoming events such as FOMC meetings (and the possibility of a Fed hike), the fallout of the UK referendum and the realization of the progress of this year’s monsoons. We may expect a status quo on the domestic rates front till at least the next policy on 9th August. Brexit: UK held its long awaited referendum about remaining in or exiting the European Union. In a closely contested poll, UK voted to exit the EU and thereby chose the so called ‘Brexit” option. It led to a somewhat knee-jerk reaction from the markets across the globe and we saw significant volatility in bond prices and cur-rencies as well. However, the effect appears to have been short lived, with our bond prices resuming their pre-Brexit levels within a few trading sessions. From our perspective, while Brexit has sig-nificant political and Euro-trade related ramifications, its impact on India is limited and its long term influence on our bond markets seems to be negligible.

Mr. Killol Pandya (Head– Fixed Income)

Liquidity :Market liquidity saw relative eas-ing during June though it remained nega-tive per se for most of the month and over-night rates remained volatile with CBLO rates ranging from about 4.00% to about 7.00%. We did see, however, a seasonal tightening towards the end of the month on account of Quarter ending. Going forward, we expect the market liquidity situation to continue to ease and expect RBI to con-tinue taking steps to assist liquidity through OMOs and other allied instruments.

FCNR repayment: A more important development for our bond markets is the FCNR deposit repayment. A lot of discus-sion has been centered on the maturity of the FCNR deposits. Basically, these are Special NRI deposits of about USD 25bn issued during the "taper tantrum" which start maturing from September 2016. Of this, USD 20 billion is likely to be re-deemed, causing dollar outflows and affecting domestic liquid-ity. The major concerns are related to the possibility of significant dollar outflows and the resultant shortage of dollars could result in rupee and/or dollar liquidity tightness. That would raise con-cern about potential risk of currency depreciation and tighter domestic liquidity conditions. A rational look at the matter however, reveals that the outflow is expected to be limited to the leveraged portion of the deposits which may not be renewed. The RBI has already built up net dollar purchases in the forward market worth USD 29bn to cover any possible shortage in dollars. However, there could be possible dollar shortage if exporters roll over their dollar con-tracts.

4

Fixed Income Market Commentary for the month of June 2016

We hold that RBI is well placed to ensure there is no significant or long term upset in domestic markets. However, we may ex-pect some short term volatility. Back of the envelope estimates tell us that there is likely to be short term liquidity tightness to the tune of an additional Rs. 50,000 crs to Rs 70,000 crs. For a short period , we may therefore, see the overnight rates move up by about 30 to 40 bps (in our estimate) and also see some tightening in Money market instruments. However, we expect the impact to be contained and a short term one in nature. Overall, we believe that the FCNR repayments shall have a limited impact on dollar and rupee liquidity. If needed, RBI can also resort to additional measures such as OMO purchases and additional reserve buildup in the run-up to September. Interest rates & Outlook: CPI and WPI data print were higher than market expectations. IIP numbers have been patchy but a persistently weak reading in IIP numbers may hint at a plateauing in the economy in the coming quarters. As of now, our Monsoons seem to be progressing well and there is reason to believe that we may see normal monsoons this year. Money market instruments saw a mild softening in yields mainly on account of relatively better market liquidity. Some sea-sonal tightening was seen towards the end of the month, though the levels remained relatively easy for most part of the month. We saw Gilt securities remain rangebound with a mild softening bias and the benchmark 10 year paper (7.59% GS 2026) started the month at about 7.47% and ended the month at about 7.44%. Corporate bonds yields also saw some softening in yields on the back of relatively poor volumes. In the context of Brexit, it is unlikely that we shall see a Fed hike in the immediate future. The unfolding of the Monsoons over the sub-continent shall dominate the attention of market participants. Overall, we retain the outlook of the policy tenor having accommodative undertones. Market participants shall also watch Inflation (CPI, WPI) and growth (IIP) data along with global indicators such as commodities, crude oil prices, US and Chinese economic data points and INR movements. We retain our positive outlook for the domestic economy and in the context of a world-wide slowdown, domestic market partici-pants may do well to have a positive outlook for domestic bond markets in the coming quarters. Going forward, we expect the benchmark 10 year to trade in the range of 7.40% to 7.60% at current reference rate levels. We reiterate our view on domestic rates to be positive with a medium term perspective. Data Source - Reuters, Bloomberg, RBI, Internal

5

Equity Market Commentary for the month of June 2016

Domestic Macro Data: In the month of April, IIP contracted by 0.8% YoY, compared to 0.1% expansion in March. On the manufacturing front, it contracted by 3.1% compared to a contraction of 1% in March. Within manu-facturing, capital goods contracted by 24.9% compared to a con-traction of 15.4% in March. Mining was positive with a growth of 1.4% (compared to 0.3% in March), electricity (14.6% expansion compared to 11.8% in March) continues to do well. Consumer goods continued with a tepid performance led primarily by non-durables. IIP non-durables contracted for sixth consecutive month, perhaps reflecting poor rural sentiments. India WPI inflation in May came in at 0.79%, compared to 0.3% last month and continued to remain in the positive territory after finally turning positive in April after marking 17 straight months of negative print. CPI for May came in at 5.8% versus 5.5% in April. This is the second consecutive month of higher headline CPI and is being entirely led by food inflation. The food inflation at 7.2% inched higher compared to last month (April – 6.3%) owing to higher vegetable, milk and sugar prices. Core CPI of 4.7%, moved down 30 bps compared to last month. India’s trade deficit for May came in at USD 6.3 billion, marginally higher than the last 2 months average of USD 5 billion. The Higher trade deficit was primarily due to seasonal factors. Exports at USD 22.2 billion (April – USD 20.6 billion) was flat on YoY basis. This is a sharp improvement on the 22% drop reported in Nov 2015. The encouraging fact is that demand sensitive exports like engineering goods, readymade garments, papers, etc seems to have turned around the corner. Imports at USD 28.4 billion were higher by ~USD 3 billion compared to last month. Global Markets: China’s central bank slashed its forecast for exports, predicting a second consecutive annual fall in shipments, but said the economy would still grow 6.8% in 2016. Japan’s economy expanded at an annualized 1.9% in the first quarter revised up from a preliminary reading of 1.7% growth. Outlook: The most discussed event “Brexit” – was a public referendum to decide whether UK would remain in EU or not. It was largely a po-litical event with economical fallouts. However, most of the finan-cial markets across the world in bonds, equity, commodities and currencies had positioned for a “stay”. Hence an “exit” vote created ruffles in the financial markets as the outcome was contrary to market expectations. We analyze this as an important event in the history of UK as the devaluation of GBP (Pound) would make the country’s products and services more affordable and hence com-petitive. We expect UK to emerge as a more efficient economy

over the medium to long term. However, in the short term, this event would create uncertainties on the trade between UK and EU (new trade terms to be negotiated) which may pull down the growth in the region. Meanwhile, back home, the government has been in overdrive with regards to policy decisions. The Union Cabinet has approved the implementation of the 7th CPC on pay and pensionary benefits. FDI norms in pharmaceutical, aviation and defense sectors have been relaxed. The Civil aviation policy has been relaxed. All these measures would translate into better economic growth in the times to come and the same effect will be reflected in the earn-ings of the corporates. As highlighted earlier the corporate earn-ings in the March quarter were better after several quarters. We believe these are interesting times for investors to construct equity portfolios as we see growth picking up and the valuations at ~17x forward earnings are comfortable. Volatility induced by events such as “Brexit” gives an opportunity to investors to acquire equity as-sets at better valuations. Data Source - Reuters, Bloomberg, RBI, Internal

Domestic Markets: After a positive May, June again delivered positive returns; with Sensex being up by 1.24% and NSE-50 Index being up by 1.56%. In June, among BSE sector indices reality and PSU posted best positive re-turns. Reality with 7.86% returns stood at the top of the table while IT sector lost the most, down by 3.25%. For the month, Ru-pee depreciated by 0.35% and closed at

67.5 against US dollar.

Mr. Amit Nigam (Head - Equities)

6

LIQUID FUND (an open ended liquid scheme)

CARE AAAmfs CARE(Credit Analysis and Research Limited Rating

(Source: www.careratings.com) (as on June 30, 2016)

Past Performance is no guarantee of future results.

For details please refer Page 14.

Portfolio as on June 30, 2016

Portfolio Holdings Rating % of Net Asets

CERTIFICATE OF DEPOSITS 39.25

Vijaya Bank CARE A1+ 9.82

Punjab and Sind Bank ICRA A1+ 9.81

IndusInd Bank Ltd CRISIL A1+ 9.81

Oriental Bank of Commerce CRISIL A1+ 9.81

COMMERCIAL PAPER 44.94

National Bank for Agricultural & Rural Development

CRISIL A1+ 9.83

Adani Enterprises BWR A1+ 9.77

Religare Securities Ltd ICRA A1+ 9.73

Religare Comtrade Ltd ICRA A1+ 7.77

PNB Housing Finance CRISIL A1+ 3.92

Housing Development Finance Corporation Ltd

ICRA A1+ 1.96

Chambal Fertilisers And Chemicals Ltd CRISIL A1+ 1.96

FIXED DEPOSITS 0.40

HDFC Bank Ltd 0.40

CBLO (including TBILL held as Collat-eral)/Reverse Repo/Net Current Assets/Cash/Cash Equivalent

15.41

Total 100.00

Scheme Performance as on June 30, 2016

Period

Peerless Liquid Fund - Regular

Plan- Growth Option

CRISIL Liquid Fund

Index

1 Year Govt. T-Bill

June 30, 2015 to June 30,2016 8.12% 7.90% 7.67%

June 30,2014 to June 30,2015 8.81% 8.77% 8.54%

June 28,2013 to June 30,2014 9.78% 9.63% 5.89%

Since Inception CAGR % 8.63% 8.14% 6.78%

Current Value of investment if Rs 10000/- was invested on Inception date (in `.)

16934.15 16451.31 15177.57

Past performance may or may not be sustained in future Returns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Growth Option.

As on June 30, 2016 Average Maturity (Yrs)…………………………………………………………………..0.10 Modified Duration (Yrs)………………………………………………………………….0.09 Portfolio Yield (%)………………………………………………………………………...7.91 # TER - Reg (%)……………………………………………………………………………0.22 # TER - Direct (%)…………………………………………………………………………0.12

Key Scheme Information

Investment Objective

To provide high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market & debt securities. However, there can be no as-surance that the investment objective will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 19th February 2010

Fund Size

`499.84 Crs (Monthly AAUM for June,2016) `181.53 Crs (AUM as on 30 June, 2016)

Asset Allocation Pattern Money Market Instruments: 60%to100% Debt Instruments: 0% to 40%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of .`1/- thereafter Benchmark : CRISIL Liquid Fund Index

Fund Manager Mr. Vikram Pamnani: Total experience 7 years.

Asset Allocation

Dividend History (Monthly)

Scheme / Plan Record

Date Net Dividend ( ` per unit) Cum

Dividend

Nav (in `)

Individual/

HUF Corporate

PEERLESS LIQUID FUND-REGULAR PLAN MONTHLY DIVIDEND

24-Jun-16 4.19195498 3.88376606 1007.0639

PEERLESS LIQUID FUND-DIRECT MONTHLY DIVIDEND

24-Jun-16 4.32181826 4.00408191 1007.2437

PEERLESS LIQUID FUND-REGULAR PLAN

MONTHLY DIVIDEND 27-May-16 4.33828591 4.01933887 1007.2665


27-May-16 4.46973817 4.14112687 1007.4485

PEERLESS LIQUID FUND-REGULAR PLAN MONTHLY DIVIDEND

29-Apr-16 5.21294906 4.82969754 1008.4775


29-Apr-16 5.35465749 4.96098769 1008.6737

Scheme Performance vis-a-vis Benchmark (%)

Rating Profile (%)

Maturity Profile % Weightage

Below or equal to 91 days 84.59

CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

15.41

Please refer to page no. 12 for tax on dividend distribution Please refer to page no. 16 for Product Labeling Face Value changed from `10/- to `1000/- with effect from 21st September 2014.

Net Asset Value (NAV) as on June 30, 2016 (in `)

Plan / Option Regular Plan Direct Plan

Growth 1693.4149 1697.8186

Daily Dividend 1001.2900 1001.2900

Weekly Dividend 1001.1125 1001.0876

Monthly Dividend 1002.5222 1002.5659

Please refer to page no 14 and 15 for statutory details

# - Weighted average for the month

7

ULTRA SHORT TERM FUND (an open ended debt scheme)








ICICI Bank Ltd ICRA A1+ 9.93

Punjab and Sind Bank ICRA A1+ 5.18

Oriental Bank of Commerce CRISIL A1+ 5.17

Canara Bank CRISIL A1+ 5.15

State Bank of Hyderabad ICRA A1+ 5.14

Corporation Bank CRISIL A1+ 3.09

Dena Bank CRISIL A1+ 2.06


Piramal Enterprises Ltd ICRA A1+ 9.84

Indiabulls Housing Finance Ltd CRISIL A1+ 5.18

Religare Comtrade Ltd ICRA A1+ 5.12

NON-CONVERTIBLE DEBENTURE / ZCB 36.72

Rural Electrification Corporation Ltd CRISIL AAA 10.53

Housing Development Finance Corporation Ltd CRISIL AAA 10.49

Power Finance Corporation Ltd CRISIL AAA 10.48

LIC Housing Finance Ltd CARE AAA 5.22

CBLO (including TBILL held as Collateral)/ Reverse Repo/Net Current Assets/Cash/ Cash Equivalent

7.42

Total 100.00


Investment Objective To provide optimal returns & liquidity to the investors by investing primarily in a mix of money market & short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety & liquidity. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 19th February 2010

Fund Size

` 129.53 Crs (Monthly AAUM for June, 2016) ` 95.85 Crs (AUM as on 30 June, 2016)

Asset Allocation Pattern Money Market Instruments:70% to 100% Debt Instruments: 0% to 30%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of `.1/- thereafter Benchmark : CRISIL Liquid Fund Index

Fund Manager Mr. Killol Pandya : Total experience 17 years Mr. Vikram Pamnani: Total experience 7 years.



Date Net Dividend ( ` per unit) Cum

Dividend

Nav (in `)

Individual/HUF

Corporate

PEERLESS ULTRA SHORT TERM FUND-REGULAR PLAN

MONTHLY DIVIDEND 24-Jun-16 4.85304431 4.49625268 1008.0584

PEERLESS ULTRA SHORT TERM FUND-DIRECT







MONTHLY DIVIDEND 29-Apr-16 4.86380606 4.50622323 1010.3130




Period

Peerless Ultra Short Term Fund –

Regular Plan-Growth Option

CRISIL Liquid Fund Index

1 Year Govt. T-Bill

June 30,2015 to June 30,2016 7.61% 7.90% 7.67%

June 30,2014 to June 30,2015 8.66% 8.77% 8.54%

June 28,2013 to June 30,2014 8.78% 9.63% 5.89%



16876.60 16451.31 15177.57

Past performance may or may not be sustained in future Returns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calcu-lated for Growth Option.

As on June 30, 2016 Average Maturity (Yrs)................................................................................... 0.47 Modified Duration (Yrs).................................................................................. 0.43 Portfolio Yield (%) ....................................................................................... 7.77 # TER - Reg (%) ....................................................................................... 0.85 # TER - Direct (%) ....................................................................................... 0.18

Asset Allocation


Rating Profile (%)


Below 1 Year 82.06

Above 1 Year 10.52


7.42

Please refer to page no. 12 for tax on dividend distribution Please refer to page no. 16 for Product Labeling Face Value changed from ` 10/- to ` 1000/- with effect from 22nd September 2014.



Growth 1687.6601 1716.8070

Daily Dividend 1005.4600 1006.6500

Weekly Dividend 1003.9709 1004.7209




8

SHORT TERM FUND (an open ended debt scheme)








Vijaya Bank CARE A1+ 6.72

Canara Bank CRISIL A1+ 6.72

Dena Bank CRISIL A1+ 4.03

Corporation Bank CRISIL A1+ 2.69


Piramal Enterprises Ltd ICRA A1+ 6.42


Jyothy Laboratories Ltd CARE AA- 18.04

Housing Development Finance Corporation Ltd

CRISIL AAA 14.00


Fullerton India Credit Company Ltd CARE AAA 6.80

TATA Capital Financial Services Ltd CRISIL AA+ 6.80

GOVERNMENT SECURITIES 4.12

7.59% GOI - 11/01/2026 Sovereign 4.12


16.64

Total 100.00


Investment Objective To generate income & capital appreciation by investing in a diversified portfolio of debt and money market securities. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 18th August 2010

Fund Size


Asset Allocation Pattern Money Market and debt securities with residual maturity of less than or equal to 3 years: 80% to 100% Debt Instruments with residual matur-ity greater than 3 years : 0% to 20%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : CRISIL Short Term Debt Index

Fund Manager Mr. Killol Pandya - Total experience 17 years.



Date

Net Dividend (` per unit) Cum Dividend

Nav (in `) Individual/HUF Corporate

PEERLESS SHORT TERM FUND-REGULAR


PEERLESS SHORT TERM FUND-DIRECT MONTHLY

DIVIDEND 10-Jun-16 0.05330317 0.04938437 11.0658

PEERLESS SHORT TERM FUND— REGULAR


PEERLESS SHORT TERM FUND-DIRECT MONTHLY

DIVIDEND 10-May-16 0.05330317 0.04938437 11.0667

PEERLESS SHORT TERM FUND -REGULAR


PEERLESS SHORT TERM FUND - DIRECT MONTHLY

DIVIDEND 11-Apr-16 0.05337540 0.04945128 11.0871

Dividend History (Quarterly)


Date

Net Dividend ( ` per unit) Cum Dividend

Nav (in `) Individual/HUF Corporate

PEERLESS SHORT TERM FUND - REGULAR

QUARTERLY DIVIDEND 20-Jun-16 0.15745381 0.14587794 10.9409

PEERLESS SHORT TERM FUND - DIRECT

QUARTERLY DIVIDEND 20-Jun-16 0.16222076 0.15029443 11.2776

PEERLESS SHORT TERM FUND - REGULAR

QUARTERLY DIVIDEND 28-Mar-16 0.15759827 0.14601178 10.9659

PEERLESS SHORT TERM FUND - DIRECT

QUARTERLY DIVIDEND 28-Mar-16 0.16200408 0.15009368 11.2767

PEERLESS SHORT TERM FUND-DIRECT

QUARTERLY DIVIDEND 5-Nov-15 0.16099291 0.14915685 11.1938

PEERLESS SHORT TERM FUND– REGULAR

QUARTERLY DIVIDEND 5-Nov-15 0.15723713 0.14567719 10.9242


Period

Peerless Short Term Fund - Regular Plan-

Growth Option

CRISIL Short Term Debt Index

1 Year Govt. T-Bill

June 30,2015 to June 30,2016 7.60% 8.94% 7.67%

June 30,2014 to June 30,2015 8.71% 9.56% 8.54%

June 28,2013 to June 30,2014 8.40% 8.76% 5.89%



17018.90 16259.88 15073.70

Past performance may or may not be sustained in future Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

As on June 30, 2016 Average Maturity (Yrs) ............................................................... 1.06 Modified Duration (Yrs)...................................................................... 0.85 Portfolio Yield (%).............................................................................. 7.72 # TER - Reg (%)............................................................................. 1.31 # TER - Direct (%)................................................................................ 0.39

Asset Allocation


Rating Profile (%)


Below 1 Year 51.77

Above 1 Year 31.59


16.64

Please refer to page no. 12 for tax on dividend distribution Please refer to page no. 16 for Product Labeling



Growth 17.0189 17.5226


Quarterly Dividend 10.7472 11.0813

Bonus 12.7559 17.5308



9

FLEXIBLE INCOME FUND (an open ended debt scheme )


Period

Peerless Flexible Income Fund -

Regular Plan - Growth

Option

CRISIL Composite

Bond Fund Index

10 Year dated GOI Security

June 30,2015 to June 30,2016 8.57% 10.19% 10.03%

June 30,2014 to June 30,2015 5.91% 11.10% 11.76%

June 28,2013 to June 30,2014 1.39% 4.57% -2.46%



12728.7 13989.25 13350.46

Past performance may or may not be sustained in future Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan-Growth Option.

As on June 30, 2016 Average Maturity (Yrs) .................................................................................... 5.69 Modified Duration (Yrs) .................................................................................... 3.97 Portfolio Yield (%) ..................................................................................... 7.13 # TER - Reg (%) ..................................................................................... 1.48 # TER - Direct (%) ....................................................................................... 0.33


Asset Allocation


Rating Profile (%)


Below 1 Year 9.30

Above 1 Year 70.52


20.18


Net Asset Value (NAV) as on June30, 2016 (in `)


Growth 12.7287 13.2009


Quarterly Dividend - 12.5182







FIXED DEPOSITS 9.30

HDFC Bank Ltd 9.30


7.59% GOI 11/01/2026 Sovereign 46.91

7.80% GOI 11/04/2021 Sovereign 23.61


20.18

Total 100.00


Investment Objective The primary investment objective of the scheme is to generate reasonable returns through active duration management of the portfolio, while maintaining liquidity by investing in debt instruments including bonds, debentures & Govt. Securities and money market instruments over various maturity periods. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 21st August 2012

Fund Size ` 36.79 Crs (Monthly AAUM for June, 2016)

` 19.33 Crs (AUM as on 30 June, 2016)

Asset Allocation Pattern Money Market Instruments: 0% to 100% Debt Instruments: 0% to 100%

Scheme Features

Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : CRISIL Composite Bond Fund Index

Fund Manager Mr. Killol Pandya - Total experience 17 years.




Date

Net Dividend (` per unit) Cum Dividend Nav (in `)

Individual/HUF

Corporate

Peerless Flexible Income Fund-Direct Monthly

Dividend 10-Jul-13 0.16008741

- 10.2115

Peerless Flexible Income Fund-Regular-Monthly

Dividend 10-Jul-13 0.04675609 0.04478483 10.0699

Peerless Flexible Income Fund-Dividend-Regular

Monthly Dividend 10-Jun-13 0.09351267 0.08955192 10.1495

Peerless Flexible Income Fund-Dividend-Regular

Monthly Dividend 10-Apr-13 0.11387253 0.09701559 10.1422



Date

Net Dividend ( ` per unit) Cum Dividend Nav (in `)

Individual/HUF

Corporate

Peerless Flexible Income Fund-Direct Quarterly

Dividend 3-May-13 0.43797219 0.37316218 10.7199

Peerless Flexible Income Fund-Regular-Quarterly

Dividend 3-May-13 0.17518888 0.14926487 10.3064

Peerless Flexible Income Fund-Regular-Quarterly

Dividend 4-Feb-13 0.35239527 0.30201220 10.4709

10

INCOME PLUS FUND (an open ended debt scheme)


Period Peerless Income Plus Fund - Regular

Plan - Growth Option

CRISIL MIP Blended

Fund Index


June 30,2015 to June 30,2016 7.44% 8.63% 10.03%

June 30,2014 to June 30,2015 9.75% 11.05% 11.76%

June 28,2013 to June 30,2014 10.18% 8.24% -2.46%


Current Value of investment if Rs 10000/- was invested on

16113.6 16151.12 14790.20

Past performance may or may not be sustained in future

Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan-Growth Option.

Peerless Income Plus Fund - Percentage contribution of B15 cities to AUM is 66.22 on June 30, 2016

As on June 30, 2016 Average Maturity for the debt portion (Yrs)……................................................................ 3.33 Modified Duration for the debt portion (Yrs)……......................................................... 2.60 Portfolio Yield (%) ....................................................................................... 8.26 # TER - Reg (%) ....................................................................................... 2.44 # TER - Direct (%) ....................................................................................... 0.79

Asset Allocation

Rating Profile (%)- Debt


Above 1 Year 54.74

Below 1 Year 6.85


7.02



Plan / Option Regular Plan Direct Plan Growth Option 16.1136 16.8844




Portfolio Holdings Rating/Industry % of Net

Asets EQUITY SHARES 20.01

HDFC Bank Ltd BANKS 1.39

Infosys Ltd SOFTWARE 1.26

Oracle Financial Services Software Ltd SOFTWARE 0.96

Kotak Mahindra Bank Ltd BANKS 0.96

Indraprastha Gas Ltd GAS 0.79

Bajaj Auto Ltd AUTO 0.77

ICICI Bank Ltd BANKS 0.69

IndusInd Bank Ltd BANKS 0.68

Grasim Industries Ltd. CEMENT 0.67

Sundaram Finance Ltd FINANCE 0.62

Titan Company Ltd CONSUMER DURABLES 0.61

Asian Paints Ltd CONSUMER NON DURABLES 0.61

Nestle India Ltd CONSUMER NON DURABLES 0.61

Repco Home Finance Ltd FINANCE 0.60

Havells India Ltd CONSUMER DURABLES 0.59

AIA Engineering Ltd INDUSTRIAL PRODUCTS 0.57

Bata India Ltd CONSUMER DURABLES 0.56

Ultratech Cement Ltd CEMENT 0.56

Eicher Motors Ltd AUTO 0.55

Cummins India Ltd INDUSTRIAL PRODUCTS 0.55

Canara Bank BANKS 0.53

Suprajit Engineering Ltd AUTO ANCILLARIES 0.53

Shree Cements Ltd CEMENT 0.52

Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 0.52

Va tech Wabag Ltd ENGINEERING SERVICES 0.48

Housing Development Finance Corporation Ltd FINANCE 0.46

Pidilite Industries Ltd CHEMICALS 0.44

Swaraj Engines Ltd INDUSTRIAL PRODUCTS 0.43

Jyothy Laboratories Ltd CONSUMER NON DURABLES 0.43

Motherson Sumi Systems Ltd AUTO ANCILLARIES 0.41

Bharat Petroleum Corporation Ltd PETROLEUM PRODUCTS 0.35

Sun Pharmaceuticals Industries Ltd PHARMACEUTICALS 0.31


Religare Enterprises Ltd IND AA- 18.57




FIXED DEPOSITS 1.36

HDFC Bank Ltd 1.36

MUTUAL FUNDS UNITS 11.38


7.68% GOI 15/12/2023 Sovereign 12.42

7.80% GOI 11/04/2021 Sovereign 6.85

CBLO (including TBILL held as Collateral)/Reverse Repo/Net Current Assets/Cash/Cash Equivalent

7.02

Total 100.00

Industry Allocation – Equity(%)


Investment Objective To generate regular income through a portfolio of predominantly high quality fixed income securities and with a marginal exposure to equity & equity related securities. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date 29th July 2010

Fund Size


Asset Allocation Pattern Debt & Money Market instruments: 80% to 98% Equity & Equity related instruments: 2% to 20%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ̀1/-

thereafter Benchmark : CRISIL MIP Blended Fund Index

Fund Manager Mr. Killol Pandya : Total experience 17 years. Mr. Amit Nigam : Total experience 14 years.




Date

Net Dividend (` per unit) Cum Dividend Nav (in `) Individual/HUF Corporate

PEERLESS INCOME PLUS FUND-REGULAR MONTHLY DIVIDEND

24-Jun-16

0.05749231

0.05326552 10.5853

PEERLESS INCOME PLUS FUND-DIRECT MONTHLY DIVIDEND

24-Jun-16

0.06103141

0.05654443 11.2413

PEERLESS INCOME PLUS FUND–REGULAR MONTHLY DIVIDEND

27-May-16

0.05734786

0.05313169 10.6043


27-May-16

0.06081473

0.05634368 11.2523

PEERLESS INCOME PLUS FUND–REGULAR MONTHLY DIVIDEND

29-Apr-16

0.05727563

0.05306478 10.5796


29-Apr-16

0.06074250

0.05627677 11.2172



Date

Net Dividend (` per unit) Cum Dividend Nav (in `) Individual/HUF Corporate

PEERLESS INCOME PLUS FUND- REGULAR QUARTERLY DIVIDEND

20-Jun-16

0.18107188

0.16775964 11.2009

PEERLESS INCOME PLUS FUND- DIRECT QUARTERLY DIVIDEND

20-Jun-16

0.19219477

0.17806478 11.8977


28-Mar-16

0.17861618

0.16548448 11.0843

PEERLESS INCOME PLUS FUND- DIRECT QUARTERLY DIVIDEND

28-Mar-16

0.18916126

0.17525428 11.7452

PEERLESS INCOME PLUS FUND-DIRECT QUARTERLY DIVIDEND

5-Nov-15

0.19356707

0.17933619 11.8698


5-Nov-15

0.18367204

0.17016863 11.2574


% of Net Assets

11

3 IN 1 FUND* (an open ended hybrid scheme)


Period Peerless 3 in 1 Fund-

Regular Plan-Growth Option

CRISIL MIP Blended

Fund Index + Gold (85:15)


June 30,2015 to June 30,2016 8.19% 10.16% 10.03%

June 30,2014 to June 30,2015 8.59% 8.59% 11.76%

June 28,2013 to June 30,2014 9.36% 8.47% -2.46%


Current Value of investment if Rs 10000/- was invested on Inception

date (in `.) 15475.7 15,236.00 14208.40


Returns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

Peerless 3 in 1 Fund - Percentage contribution of B15 cities to AUM is 47.84 as on

June 30, 2016

As on June 30, 2016 Average Maturity for debt portion (Yrs) .............................................................. 3.44 Modified Duration for debt portion (Yrs) .............................................................. 2.59 Portfolio Yield (%) ....................................................................................... 8.18 # TER - Reg (%) ....................................................................................... 1.53 # TER - Direct (%) ....................................................................................... 0.61

Asset Allocation

Rating Profile (%)- Debt

Maturity Profile % Weightage Below 1 Year 3.90

Above 1 Year 46.91


9.66


* Erstwhile known as Peerless MF Child Plan



Investment Objective The investment objective of the scheme is to generate long term capital appreciation through a portfolio of fixed income securities, Gold ETFs of other mutual funds and gold related instruments and Equity & Equity related Instruments. However there can be no assurance that the investment objective of the scheme will be achieved.

Allotment Date Fund Size 5th April, 2011

Fund Size


Asset Allocation Pattern Debt & Money Market instruments: 50% to 70% Equity & Equity related instruments: 15% to 25% Gold ETFs of other mutual funds and gold related instruments: 15% to 25%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : CRISIL MIP Blended Fund Index+Gold (85:15)

Fund Manager Mr. Killol Pandya - Total experience 17 years. Mr. Amit Nigam - Total experience 14 years.


Portfolio Holdings Rating/Industry % of Net Assets

EQUITY SHARES 20.17


















Grasim Industries Ltd CEMENT 0.56


Nestle India Ltd CONSUMER NON-

DUABLES 0.54




Asian Paints Ltd CONSUMER NON-

DUABLES 0.49




Bharat Electronics Ltd INDUSTRIAL CAPITAL

GOODS 0.46




Jyothy Laboratories Ltd CONSUMER NON

DURABLES 0.37


Religare Enterprises Ltd IND AA- 11.63



LIC Housing Finance Ltd CRISIL AAA 4.93


MUTUAL FUND UNITS / ETF 20.08

Goldman Sachs Mutual Fund 20.08


7.59% GOI - 11/01/2026 Sovereign 9.73

7.80% GOI 11/04/2021 Sovereign 4.90


9.66

Total 100.00





Growth Option 15.4757 16.0815



% of Net Assets

12

EQUITY FUND (an open ended equity scheme)


Period

Peerless Equity Fund – Regular Plan-

Growth Option NIFTY 50 NIFTY 50

June 30,2015 to June 30,2016 6.02% -0.96% -0.96%

June 30,2014 to June 30,2015 17.22% 9.95% 9.95%

June 28,2013 to June 30,2014 21.87% 33.63% 33.63%


Current Value of investment if Rs 10000/- was invested on Inception

date (in `.) 17650.9 16756.81 16756.81


Returns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Growth Option.

Risk Measures June2016

Standard Deviation*(%) …………………………………………………………………………….. 13.16

Benchmark Standard Deviation* (%)………………………………………………………………. 15.27

Sharpe Ratio~ ………………………………………………………………………………………… 0.74

Beta ............................................................................................................................. ........................... 0.80

Portfolio Turnover Ratio (Times) ....................................................................................................... 1.38

# TER - Reg (%).................................................................................................................................... 2.98

# TER - Direct (%)............................................................................................................................... 1.90

Asset Allocation



Investment Objective To generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of equity & equity related securities. However, there can be no assurance that the investment objective will be achieved. The scheme does not assure or guarantee any returns.

Allotment Date Fund Size 28th September, 2011

Fund Size


Asset Allocation Pattern Equity & Equity related instruments: 80% to 100% Debt & Money Market instruments: 0% to 20%

Scheme Features Exit Load : NIL Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter Benchmark : Nifty 50 Index

Fund Manager Mr. Amit Nigam - Total experience 14 years.


Portfolio Holdings Industry % of Net Assets

EQUITY SHARES 96.56


























Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 2.09








3.44

Total 100.00

SIP Returns

SIP Tenure (in years) 3

Investment Amount 10,000.00

Start Date 1-July-2013

End Date 30-June-2016

Total no of Instalments 36

Total Amount Invested (Rs) 3,60,000.00

Present value (Rs) 4,39,946.57

Total No Units 24,924.88

CAGR (%) 14.30

XIRR(%) 13.48

Yield (%) 22.20


Dividend History


Date

Net Dividend ( ̀per unit) Cum Dividend Nav (in `) Individual/HUF Corporate

PEERLESS EQUITY FUND - REGULAR QUARTERLY DIVI-DEND

20-Jun-16 0.4000 0.4000 14.1137

PEERLESS EQUITY FUND - DIRECT QUARTERLY DIVIDEND

20-Jun-16 0.5000 0.5000 14.2015

PEERLESS EQUITY FUND - REGULAR QUARTERLY DIVI-DEND

28-Mar-16 1.8500 1.8500 14.6240

PEERLESS EQUITY FUND - DIRECT QUARTERLY DIVIDEND

28-Mar-16 2.3500 2.3500 15.1525

PEERLESS EQUITY FUND- NORMAL DIVIDEND

16-Nov-2015 2.5000 2.5000 15.1693

PEERLESS EQUITY FUND- DIRECT NORMAL DIVIDEND

16-Nov-2015 2.5000 2.5000 15.6576

SIP date every 1st business day of the month

Past performance may or may not be sustained in the future. Assuming ` 10,000 invested

systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market

Peerless Equity Fund - Percentage contribution of B15 cities to AUM is 42.07 as on June 30, 2016

*Statistical returns based on monthly returns over the past 3 year data as on June 30, 2016. ~ 1 day MIBOR has been assumed as the risk-free rate of return. # Weighted average for the month

Tax on Dividend Distribution

Nature Individual/

HUF Domestic Companies

Liquid 28.84% 34.608%

Debt 28.84% 34.608%

Equity Nil Nil

Note: Above rates are inclusive of surcharge and cess.


Plan / Option Regular Plan Direct Plan Growth 17,6509 18,4314

Normal Dividend 13.8085 14,4229

* Quarterly Dividend 14,0011 13.9932

* Half Yearly Dividend 16,5035 -

* Yearly Dividend 16,4704 -

Please refer to page no. 16 for Product Labeling * Introduced from November 2, 2015

% of Net Assets

13

MIDCAP FUND (an open ended equity scheme)

Asset Allocation




Dividend Option 11.0498 11.1274



The investment objective of the scheme is to generate medium to long-term capital appreciation by investing predominantly in equity and equity related securities of mid cap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Allotment Date

7th December, 2015

Fund Size

` 45.59 Crs (Monthly AAUM for June, 2016)

` 56.08 Crs (AUM as on 30 June, 2016)

Asset Allocation Pattern

Equity and Equity Related Instruments of Midcap Companies: 65% to 100% Debt & Money Market Instruments: 0% to 35%

Scheme Features

Exit Load : NIL

Minimum Amount: ` 1,000/- and in multiples of ` 1/-

thereafter Benchmark : Nifty Midcap 100 Index

Fund Manager

Mr. Amit Nigam - Total experience 14 years.

Peerless Midcap Fund - Percentage contribution of B15 cities to AUM is 22.56 as on June 30, 2016

TER June 2016 # Regular (%)......................................................................................................... 3.00 # Direct (%).............................................................................................................. 1.84



EQUITY SHARES 93.64

Colgate Palmolive Ltd CONSUMER NON DURABLES 4.92

Castrol India Ltd PETROLEUM PRODUCTS 4.26

Tata Elxsi Ltd SOFTWARE 4.09




eClerx Services Ltd SOFTWARE 3.64


P I Industries Ltd PESTICIDES 3.48



Amara Raja Batteries Ltd AUTO ANCILLARIES 3.26


Berger Paints CONSUMER NON DURABLES 3.25

Triveni Turbine Ltd INDUSTRIAL CAPITAL GOODS 3.21

Relaxo Footwears Ltd CONSUMER DURABLES 3.03

Bajaj Finance Ltd FINANCE 3.00


The Ramco Cements Ltd CEMENT 2.97

Britannia Industries Ltd CONSUMER NON DURABLES 2.96

Supreme Industries Ltd INDUSTRIAL PRODUCTS 2.93

Karur Vysya Bank Ltd BANKS 2.79




V Guard Industries Ltd INDUSTRIAL CAPITAL GOODS 2.41


Nesco Ltd COMMERCIAL SERVICES 2.18



City Union Bank Ltd BANKS 0.62


6.36

Total 100.00


LONG TERM ADVANTAGE FUND (an open ended equity linked savings scheme)



EQUITY SHARES 98.14





eClerx Services Ltd SOFTWARE 3.56



Colgate Palmolive Ltd CONSUMER NON DURABLES 3.38

Supreme Industries Ltd INDUSTRIAL PRODUCTS 3.36


Amara Raja Batteries Ltd AUTO ANCILLARIES 3.20



Britannia Industries Ltd CONSUMER NON DURABLES 3.05

Berger Paints CONSUMER NON DURABLES 3.05







V Guard Industries Ltd INDUSTRIAL CAPITAL GOODS 2.59

The Ramco Cements Ltd CEMENT 2.55



P I Industries Ltd PESTICIDES 2.39






CBLO (including TBILL held as Collat-eral)/Reverse Repo/Net Current As-sets/Cash/Cash Equivalent

1.86

Total 100.00



The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the

Scheme, subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the

Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.

Allotment Date

30th December, 2015

Fund Size

` 15.83 Crs (Monthly AAUM for June, 2016)

` 16.30 Crs (AUM as on 30 June, 2016)

Asset Allocation Pattern

Equity and Equity Related Instruments: 80% to 100% Debt and Money Market Instruments: 0% to 20%

Scheme Features

Exit Load : NIL

Minimum Amount: ` 500/- and in multiples of ` 500/-

thereafter Benchmark : S&P BSE 100 Index

Fund Manager

Mr. Amit Nigam - Total experience 14 years.

Peerless Long Term Advantage Fund - Percentage contribution of B15 cities to AUM is 52.46 as on

June 30,2016

TER June 2016 # Regular (%)......................................................................................................... 2.81 # Direct (%).............................................................................................................. 1.49

Asset Allocation




Dividend Option 10.7588 10.8428


1) Please refer to page no. 12 for tax on dividend distribution 2) Please refer to page no. 16 for Product Labeling 3) These schemes have not completed 1 year, hence performance data is not provided


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any r

etu

rns

Cri

sil

MIP

B

len

de

d

Fu

nd

Ind

ex

Mr. K

illol P

an

dya

& M

r. A

mit N

iga

m

Re

gu

lar/

Dir

ect

Gro

wth

/Mo

nth

ly D

ivi-

de

nd

/Qu

art

erl

y

Div

ide

nd

Ye

s

` 1

000

/-

Mu

ltip

les o

f ` 1

/- th

ere

afte

r `

10

0/-

M

ultip

les o

f ` 1

/-

th

ere

afte

r N

il

Pe

erl

ess 3

in

1

Fu

nd

An

Op

en

E

nd

ed

H

ybri

d S

ch

em

e

05

th A

pril, 2

01

1

Th

e in

ve

stm

en

t o

bje

ctive

of th

e s

ch

em

e is t

o g

en

era

te lo

ng

te

rm c

ap

ital a

ppre

cia

tio

n th

roug

h a

po

rtfo

lio o

f fixe

d in

co

me

se

cu

ritie

s,

Gold

ET

Fs o

f o

ther

mu

tua

l fu

nd

s a

nd

gold

re

late

d

instr

um

en

ts a

nd

Eq

uity &

Eq

uity r

ela

ted I

nstr

um

en

ts.

Ho

w-

eve

r th

ere

ca

n b

e n

o a

ssu

ran

ce

th

at th

e in

ve

stm

en

t o

bje

ctive

of

the

sch

em

e w

ill b

e a

ch

ieve

d

Cri

sil

MIP

B

len

de

d I

nd

ex

+ P

rice

of G

old

in

the

ra

tio

85

:15

Mr. K

illol P

an

dya

& M

r. A

mit N

iga

m

Re

gu

lar/

Dir

ect

Gro

wth

/Mo

nth

ly D

ivi-

de

nd

/Qu

art

erl

y

Div

ide

nd

Ye

s

` 1

000

/-

Mu

ltip

les o

f `

1/-

th

ere

after

`

10

0/-

M

ultip

les o

f ` 1

/-

the

rea

fte

r N

il

Pe

erl

ess

Eq

uity

Fu

nd

An

Op

en

En

de

d

Eq

uity S

ch

em

e

28

th S

ep

tem

be

r,

20

11

To

g

en

era

te lo

ng

te

rm

ca

pital

ap

pre

cia

tio

n b

y in

vestin

g i

n

an

actively

ma

na

ge

d p

ort

folio

pre

do

min

ante

ly c

on

sis

tin

g o

f e

qu

ity a

nd

eq

uity r

ela

ted

sce

na

rio.

Ho

we

ver

the

re is n

o

assu

ran

ce

or

gu

ara

nte

e t

ha

t th

e inve

stm

en

t ob

jective

of

the

sch

em

e w

ill b

e a

chie

ve

d. T

he

sche

me

do

es n

ot

assu

re o

r g

ua

ran

tee a

ny r

etu

rns

NIF

TY

50

In

dex

Mr. A

mit N

iga

m

Re

gu

lar/

Dir

ect

Gro

wth

/No

rma

l D

ivid

en

d/

Qu

art

erl

y D

ivid

en

d /

Half Y

ea

rly D

ivid

en

d/

Ye

arl

y D

ivid

en

d

Ye

s

` 1

000

/-

Mu

ltip

les o

f ` 1

/- th

ere

afte

r ` 1

/-

Mu

ltip

les o

f `

1/-

t

he

rea

fte

r N

il

Pe

erl

ess L

on

g

Te

rm A

dva

n-

tage

Fu

nd

An

Op

en

En

de

d

Eq

uity L

inke

d

Savin

gs S

ch

em

e

30

th D

ece

mb

er,

20

15

Th

e S

ch

em

e w

ill see

k t

o invest

pre

do

min

antly in

a d

ive

rsifie

d

po

rtfo

lio

of

eq

uity

an

d e

quity r

ela

ted

instr

um

en

ts

w

ith

th

e

ob

jective

t

o

pro

vid

e

inve

sto

rs

with

o

pp

ort

uni-

tie

s fo

r ca

pital

app

recia

tio

n

an

d

inco

me

gen

era

tio

n

a

long

with

th

e

be

nefit

of

in

co

me

t

ax

de

du

ctio

n

(un

de

r

Se

ctio

n 8

0C

o

f

the

In

co

me

T

ax

Act,

1

96

1)

o

n

th

eir

investm

en

ts.

Sp

ecifie

d

Inve

sto

rs

in

the

S

ch

em

e

are

e

ntitle

d

to

de

du

ction

s o

f

the

a

mo

un

t in

ve

ste

d

in

Units

of

th

e

Sch

em

e,

su

bje

ct

to

a

ma

xim

um

o

f `

1,5

0,0

00

/-

un

de

r

an

d

in

term

s o

f

Se

ctio

n

80

C

(

2)

(x

iii)

o

f

the

I

nco

me

T

ax

Act,

1

96

1.

Investm

en

t in

this

sch

em

e w

ou

ld b

e s

ub

ject

to s

tatu

tory

lock-

in p

eri

od

of 3

ye

ars

fro

m t

he

da

te o

f allo

tme

nt

to b

e e

ligib

le fo

r in

co

me

ta

x

be

ne

fit u

nd

er

se

ctio

n 8

0 C

. T

here

ca

n b

e n

o a

ssu

ran

ce

tha

t th

e investm

en

t o

bje

ctive

un

de

r th

e S

ch

em

e w

ill b

e r

ea

lized

.

S&

P B

SE

10

0

Ind

ex

Mr. A

mit N

iga

m

Re

gu

lar/

Dir

ect

Gro

wth

/ D

ivid

en

d

No

` 5

00/-

M

ultip

les o

f ` 5

00

/- t

here

aft

er

`

50

0/-

M

ultip

les o

f ` 5

00

/-

the

rea

fte

r N

il

Pe

erl

ess

Mid

ca

p F

un

d

An

Op

en

En

de

d

Eq

uity S

ch

em

e

07

th D

ece

mb

er,

20

15

Th

e inve

stm

en

t o

bje

ctive

of

the s

ch

em

e i

s t

o g

en

era

te

me

diu

m t

o lon

g-t

erm

ca

pital ap

pre

cia

tion

by inve

stin

g p

re-

do

min

an

tly in

equity a

nd

eq

uity r

ela

ted

se

cu

rities o

f m

id c

ap

co

mp

an

ies.

Ho

we

ver, t

here

is n

o a

ssu

ran

ce

or

gu

ara

nte

e t

ha

t th

e investm

en

t o

bje

ctive

of

the

Sch

em

e w

ill b

e a

chie

ve

d.

Th

e

Sch

em

e d

oe

s n

ot

assu

re o

r g

ua

ran

tee

any r

etu

rns.

Nifty

Mid

ca

p

10

0

Ind

ex

Mr. A

mit N

iga

m

Re

gu

lar

/ D

ire

ct

Gro

wth

/ D

ivid

en

d

Ye

s

` 1

00

0/-

M

ultip

les o

f ` 1

/- th

ere

afte

r `

100

/-

Mu

ltip

les o

f ` 1

/-

the

rea

fte

r N

il 14

FU

ND

S A

T A

GL

AN

CE

FO

R P

EE

RL

ES

S M

UT

UA

L F

UN

D

Sch

em

e N

am

e

Min

imu

m

Red

em

pti

on

Min

Red

em

pti

on

u

nit

s

Red

em

pti

on

P

ayo

ut

Cycle

S

IP

SIP

Fre

qu

en

cy

SIP

Min

am

t S

IP M

in n

o. o

f C

hq

s

SIP

Sta

rtin

g D

ate

S

WP

S

WP

F

req

uen

cy

SW

P M

in.

Am

t S

WP

Sta

rtin

g D

ate

S

TP

S

TP

Fre

qu

en

cy

ST

P M

in A

mt

ST

P S

tart

ing

Date

Peerl

ess L

iqu

id

Fu

nd

` 1

000/-

an

d in

mu

ltip

les

of

` 1

/- t

here

aft

er

or

acco

un

t b

ala

nce w

hic

hever

is lo

wer

NA

T

+1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- ` 5

00

Mo

nth

ly- `

500

Qu

art

erl

y-

` 1

000

Half

Yearl

y- ` 2

000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(every

Wed

nes-

day)

Fo

rtn

igh

tly (

every

alt

ern

ate

Wed

nesd

ay)

Mo

nth

ly

(as o

n s

pecif

ied

date

s)

Peerl

ess U

ltra

S

ho

rt T

erm

F

un

d

` 1

000/-

an

d in

mu

ltip

les

of

`

1/-

th

ere

aft

er

or

acco

un

t b

ala

nce w

hic

hever

is lo

wer

NA

T

+1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- ` 5

00

Mo

nth

ly- `

500

Qu

art

erl

y-

` 1

000

Half

Yearl

y- ` 2

000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

` 5

00

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess S

ho

rt

Term

Fu

nd

` 1

000/-

an

d in

mu

ltip

les

of

` 1

/- t

here

aft

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- `` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

` 5

00/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess

Fle

xib

le

Inco

me F

un

d

` 1

000/-

an

d in

mu

ltip

les

of

` 1

/- t

here

aft

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

1

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly-

`

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess

Inco

me

Plu

s F

un

d

`

1000/-

an

d in

mu

ltip

les

o

f ` 1

/- t

here

aft

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

2

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess 3

in

1 F

un

d

` 1

000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess E

qu

ity

Fu

nd

`

1000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts, M

on

thly

12

-in

sta

llm

en

ts,Q

uart

erl

y 4

in

sta

llm

en

ts,H

alf

Yearl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

ern

ate

wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/ q

uart

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

an

d Q

uar-

terl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 5

0/-

Fo

rt-

nig

htl

y W

eekly

&

Mo

nth

ly

`

500

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess L

on

g

Term

Ad

van

-ta

ge F

un

d

` 1

000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts,

Mo

nth

ly 1

2 in

sta

llm

en

ts,

Qu

art

erl

y 4

in

sta

llm

en

ts, H

alf

Y

earl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

er-

n

ate

Wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/

qu

art

er

an

d h

alf

yearl

y

*Yes

Mo

nth

ly

&

Qu

art

erl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

*Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 50/-

each

F

ort

nig

htl

y W

eekly

&

Mo

nth

ly

`

500 e

ach

Dail

y,

Weekly

(e

very

Wed

nesd

ay)

Fo

rt-

nig

htl

y

(every

alt

ern

ate

Wed

nes-

day)

Mo

nth

ly (

as o

n

sp

ecif

ied

d

ate

s)

Peerl

ess

Mid

cap

Fu

nd

` 1

000/-

or

acco

un

t b

ala

nce, w

hic

h e

ver

is

low

er

100 u

nit

s o

r acco

un

t b

ala

nce w

hic

hever

is

low

er

T+

3

Yes

Fo

rtn

igh

tly

Mo

nth

ly, Q

uart

erl

y

& H

alf

Yearl

y

Fo

rtn

igh

tly- `

500

Mo

nth

ly- `

500

Qu

art

erl

y- ` 1

000

Half

Yearl

y- `

2000

Fo

rtn

igh

tly 2

4 in

sta

ll-

men

ts,

Mo

nth

ly 1

2 in

sta

llm

en

ts,

Qu

art

erl

y 4

in

sta

llm

en

ts, H

alf

Y

earl

y 2

in

sta

llm

en

ts

Fo

rtn

igh

tly,

every

alt

er-

n

ate

Wed

nesd

ay

1st,

7th

,10th

,15th

, 20th

, 25th

of

every

mo

nth

/

qu

art

er

an

d h

alf

yearl

y

Yes

Mo

nth

ly

&

Qu

art

erl

y

Mo

nth

ly-

`

500/-

Qu

art

erl

y-

` 1

500/-

Mo

nth

ly:

5th

of

the

mo

nth

; Q

uart

erl

y 5

th o

f A

pri

l, J

uly

, O

cto

ber,

Jan

uary

Yes

Dail

y,

Weekly

, fo

rtn

igh

tly a

nd

M

on

thly

Dail

y -

` 50/-

each

F

ort

nig

htl

y W

eekly

&

Mo

nth

ly

`

500 e

ach

Dail

y,

Weekly

(every

Wed

nes-

day)

Fo

rtn

igh

tly(e

very

alt

er-

nate

Wed

nesd

ay)M

on

thly

(as

on

sp

ecif

ied

date

s)

Note

: T

he T

ruste

e w

ill e

nde

avo

r to

de

cla

re t

he

Div

iden

d a

s p

er

the s

pe

cifie

d f

req

uen

cie

s,

su

bje

ct

to a

va

ilab

ility

of

dis

trib

uta

ble

su

rplu

s c

alc

ula

ted

in

accord

an

ce

with

th

e R

eg

ula

tio

ns.

Th

e a

ctu

al

de

cla

ratio

ns o

f D

ivid

en

d a

nd

fre

qu

en

cy w

ill inte

r-a

lia d

ep

en

d o

n a

vaila

bili

ty o

f d

istr

ibu

table

su

rplu

s

ca

lcula

ted

in a

ccord

an

ce

with S

EB

I (M

F)

Reg

ula

tio

ns a

nd t

he d

ecis

ion

s o

f th

e T

ruste

e s

ha

ll b

e f

inal

in t

his

reg

ard

. T

he

re i

s n

o a

ssu

ran

ce

or

gua

ran

tee

to

th

e U

nit h

old

ers

as t

o t

he

ra

te o

f D

ivid

en

d n

or

tha

t th

e D

ivid

en

d w

ill b

e p

aid

re

gula

rly.

Div

ide

nd p

aya

ble

un

de

r D

ivid

end

Pa

yo

ut

op

tio

n

(Wee

kly

Op

tion

) is

eq

ual to

or

less t

ha

n `

500

th

en

the

Div

ide

nd

wo

uld

be c

om

pu

lso

rily

rein

ve

ste

d in t

he o

ptio

n o

f th

e S

ch

em

e.

In c

ase

an inve

sto

r fa

ils t

o s

pe

cify h

is p

refe

ren

ce o

f P

lans/S

ub

Pla

ns/O

ptio

ns in

th

e b

elo

w m

en

tio

ned

sch

em

es,

the

de

fault P

lan

/Su

b P

lan

/Op

tio

ns w

ou

ld b

e a

s a

bo

ve

. *

SW

P/S

TP

availa

ble

only

aft

er

co

mp

letio

n o

f sta

tuto

ry lo

ck-i

n p

eri

od

of 3

ye

ars

fro

m t

he

da

te o

f in

ve

stm

en

t b

y t

he

in

ve

sto

r.

Any in

form

ation

here

in c

onta

ined

do

es n

ot

con

stitu

te a

nd

sh

all

be

de

em

ed

no

t to

con

stitu

te a

n a

dvic

e,

an

offe

r to

sell/

purc

ha

se

or

as a

n invita

tio

n o

r solic

ita

tio

n t

o d

o s

o f

or

any s

ecu

ritie

s o

f a

ny e

ntity

, a

nd

fu

rth

er, P

ee

rle

ss F

un

ds M

an

ag

em

en

t C

o.

Ltd

. (P

FM

CL).

Its

su

bsid

iaries /

affili

ate

s/ sp

on-

so

rs / tru

ste

e (

Pe

erl

ess F

un

ds M

an

ag

em

en

t C

o L

td. G

rou

p)

or

their

off

ice

rs,

em

plo

ye

es,

pe

rso

nn

el, d

ire

cto

rs m

ay b

e a

sso

cia

ted in a

co

mm

erc

ial, p

rofe

ssio

nal o

r p

ers

on

al ca

pa

city o

r m

ay h

ave a

co

mm

erc

ial in

tere

st in

clu

din

g a

s p

rop

rieta

ry t

rad

ers

in o

r w

ith s

ecu

ritie

s a

nd /

or

co

mp

an

ies o

r is

su

es

or

ma

tte

rs a

s c

onta

ine

d in

this

pu

blic

atio

n a

nd s

uch

co

mm

erc

ial cap

acity o

r in

tere

st

wh

eth

er

or

not

diffe

ring

with

or

co

nflic

ting

with

this

pub

lica

tio

n,

sh

all

no

t m

ake

or

ren

de

r (P

FM

CL

Gro

up

) lia

ble

in a

ny m

an

ne

r w

ha

tso

eve

r &

(P

FM

CL

Gro

up

) o

r a

ny o

f th

eir

offic

ers

, e

mp

loyee

s,

pe

rso

nnel, d

ire

c-

tors

sh

all

no

t b

e lia

ble

fo

r a

ny lo

ss,

da

ma

ge

, lia

bili

ty w

ha

tso

eve

r fo

r a

ny d

ire

ct

or

indir

ect

loss a

risin

g f

rom

th

e u

se

or

acce

ss o

f a

ny i

nfo

rma

tio

n t

hat

may b

e d

isp

laye

d in

this

pu

blic

ation

fo

rm t

ime

to

tim

e.

Re

cip

ien

ts o

f th

e in

form

atio

n c

on

tain

ed

here

in s

ho

uld

exe

rcis

e d

ue

care

an

d c

au

tio

n a

nd

rea

d t

he S

ch

em

e i

nfo

rma

tio

n D

ocu

me

nt(

s)

and

Sta

tem

en

t o

f A

dditio

nal in

form

atio

n (

inclu

din

g i

f n

ece

ssa

ry,

ob

tain

ing

th

e a

dvic

e o

f ta

x/

lega

l/a

cco

un

ting

/ fina

ncia

l/ o

ther

pro

fessio

nals

) p

rior

to t

akin

g o

f a

ny d

ecis

ion

, a

ctin

g o

r o

mittin

g to

act,

on t

he b

asis

of

the i

nfo

rma

tion

con

tain

ed

he

rein

. T

he

pri

ntin

g a

nd

ma

iling

cost

this

ne

wsle

tter

is c

harg

ed

to

th

e r

espe

ctive s

ch

em

es s

ub

ject

to S

ecu

rities &

Exc

ha

ng

e B

oa

rd o

f In

dia

(M

utu

al F

und

s)

Re

gu

latio

ns, 1

99

6.

CA

RE

Ra

tin

g M

eth

od

olo

gy:

Pe

erl

ess L

iquid

Fu

nd

, P

ee

rle

ss U

ltra

Sh

ort

Term

Fu

nd

& P

ee

rless F

lexib

le I

nco

me

Fu

nd

have b

ee

n a

ssig

ne

d “

Cre

dit R

isk R

ating

AA

Am

fs”

by C

AR

E R

atin

g (

Cre

dit A

naly

sis

an

d R

ese

arc

h L

imite

d)

CA

RE

’s f

un

d c

redit q

ualit

y r

atin

gs a

re o

pin

ions o

n t

he o

ve

rall

cre

dit

qu

alit

y o

f spe

cific

de

bt

mu

tua

l fu

nd

. T

he

ra

ting c

ap

ture

s f

un

d’s

ove

rall

exp

osu

re to

de

fault r

isk.

CA

RE

use

s t

he

co

nce

pt

of

cre

dit s

core

s,

assig

ned

to

ind

ivid

ual se

curi

ties, a

s p

er

cre

dit s

co

rin

g m

atr

ix d

eve

lop

ed

by C

AR

E.

Th

e s

core

is e

ssen

tially

a f

un

ctio

n o

f th

e c

redit q

ualit

y a

nd

ra

tin

g o

f se

curi

ty

an

d its

inte

rnal re

sid

ual m

atu

rity

. T

he

ratin

g inclu

de

s a

sse

ssm

en

t o

f va

rio

us q

ualit

ative

fa

cto

rs in

clu

din

g m

an

ag

em

en

t q

ua

lity a

nd

ma

na

gem

en

t in

form

atio

n s

yste

ms a

nd

ris

k m

an

ag

em

en

t syste

ms in

va

riou

s o

pe

ratio

nal a

rea

s.

CA

RE

re

vie

ws t

he

rela

ted

mu

tua

l fu

nd

on

an

on

goin

g b

asis

to

su

pp

ort

its p

ublish

ed

ra

tin

g o

pin

ion

s.

A d

eta

iled

me

tho

do

log

y c

an

be

sou

rced

fro

m w

ww

.ca

rera

ting

s.c

om

or

Cre

dit A

naly

sis

& R

ese

arc

h L

td.

Sta

tuto

ry d

eta

ils

: P

ee

rle

ss M

utu

al F

und

ha

s b

ee

n e

sta

blis

he

d a

s a

Tru

st u

nd

er

the

In

dia

n T

rusts

Act,

188

2,

sp

on

sore

d b

y T

he

Pe

erl

ess G

en

era

l F

ina

nce

& In

vestm

en

t C

om

pa

ny L

imite

d (

liabili

ty r

estr

icte

d t

o R

s 1

La

kh).

T

ruste

e:

Pe

erl

ess T

rust

Ma

nag

em

en

t C

o.

Lim

ite

d In

ve

stm

en

t M

an

ag

er:

Pe

erl

ess F

un

ds M

an

ag

em

en

t C

o.

Lim

ite

d(t

he

AM

C)

MU

TU

AL

FU

ND

IN

VE

ST

ME

NT

S A

RE

SU

BJ

EC

T T

O M

AR

KE

T R

ISK

S,

RE

AD

AL

L S

CH

EM

E R

EL

AT

ED

DO

CU

ME

NT

S C

AR

EF

UL

LY.

This

fa

ct

sh

ee

t is

for

info

rma

tio

nal p

urp

ose

only

an

d u

nde

r n

o c

ircu

msta

nce

s is to

be u

se

d o

r co

nsid

ere

d a

s a

n inve

stm

en

t a

dvic

e

15

16

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Registered Office: Peerless Funds Management Co. Limited, 3rd Floor, Peerless Mansion, 1, Chowringhee Square, Kolkata - 700 069. Tel 033 4018 5000, Fax : 033 40185010. CIN No:

U65990WB2009PLC134537 Investment & Operations Office : 102, Centrepoint, J.B. Nagar, Andheri - Kurla Road, Andheri (East) , Mumbai – 400 059. Tel 022 6177 9922 Toll Free : 1800 103 8999 Fax : 022 6177 9996. Branches/Customer Service Centres :

EAST-AGARTALA: 42, Akhaura Road, Agartala Tripura (West) 799 001, BANKURA: College Road, Raghunathpur Main Road, Opp. Bankura Christian College, PO & Dist: Bankura 722 101, *CONTAI: Vill: Dhandighi, Holding No.: 359 / 351, P.O. & P.S.: Contai,Dist: Purba Midnapore, West Bengal 721 401, DURGAPUR: Unit No. A-212, 1st Floor, Kamdhenu Commercial Complex, Durgapur City Center, Durgapur– 713216 West Bengal, *GHATAL: Argora, P O & PS: Ghatal, Dist: Paschim Midnapur, 721 212, *GUWAHATI: 2nd Floor, Suren Paradise Market, Opposite Hanuman Mandir, G.S Road, Ulubari, Guwahati 781 007, *KOLKATA: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata 700 069. SERAMPORE: Peerless Sadan, 57/B, G.T. Road, Kalitala, Hooghly 712 201, SILIGURI: Peerless House, Hill Cart Road, PO: Siliguri, Dist. Darjeeling, 734 001, WEST - *MUMBAI: 102, Centrepoint, J.B. Nagar, Andheri-Kurla Road, Andheri (East) , Mumbai – 400 059. *PUNE: Aurora Towers, 9, Moledina Road, West Wing Pune - 411 001, NORTH - *DELHI: 1005, 10th Floor, 15-17 Tolstoy House, Tolstoy Marg, Cannaught Place, New Delhi - 110 001, JAIPUR: 203 A 2nd Floor, Adarsha Plaza, Khasha Kothi Circle, Jai Singh Highway, Jaipur 302 001., LUCKNOW: 103, Trade Point, 4 A,Ground Floor, Saran Chambers-1, 5-Park Road, Hazratganj, Lucknow - 226001. SOUTH - *BANGALORE: Ramanashree Arcade, 3rd Floor, 18 M.G Road, Bangalore 560 001, *CHENNAI: Fagun Chambers, 2nd Floor, No.8 New No. 17 (Old No. 26A), Ethiraj Salai, Egmore, Chen-nai 600 008, *COIMBATORE: 1078 Nagappa Complex, Mettupalayam High Road, Coimbatore 641 002, *HYDERABAD: Kancharla Towers, (1st floor), 1-7-143,143/A, Golconda X Roads, Musheera-bad, Hyderabad - 500 020, KANNUR: Sadhu Building, D No C.P 29/500, Fort Road, Kannur - 670 001, VIZAG: Dasapalla Centre, 2nd Floor, 38-2-40, Surya Bagh, Vizag - 530 020. * Note : These locations are Official Points of Acceptance. Registrar and Transfer Agent : Karvy Computershare Pvt. Ltd. KARVY SELENIUM, Plot number 31 & 32, Tower B, Survey No. 115/22, 115/24 & 115/25, Financial District, Gachibowli, Nanakramguda, Serlingampally Mandal Hyderabad - 500032 Telangana


PR0DUCT LABELING

NAME OF THE SCHEME THESE PRODUCTS ARE SUIABLE FOR INVESTORS WHO ARE SEEKING* RISKOMETER

Peerless Liquid Fund

(An Open Ended Liquid Scheme) Income over short term.

Investment in debt and money market instruments.

Peerless Ultra Short Term Fund

(An Open Ended Debt Scheme) Income over short term.

Investment in money market and short term debt instruments.

Peerless Short Term Fund

(An Open Ended Debt Scheme) Income over short to medium term.

Investment in debt and money market instruments.

Peerless Flexible Income Fund

(An Open Ended Debt Scheme) Income over medium to long term.

Investment in debt instruments including bonds, debentures and

government securities and money market instruments over various maturity periods.

Peerless Income Plus Fund

(An Open Ended Debt Scheme) Income over medium to long term.

Investment in high quality fixed income securities and with a marginal

exposure to equity and equity related instruments.

Peerless 3 In 1 Fund

(An Open Ended Hybrid Scheme) Capital appreciation over long term.

Investment in fixed income securities equity & equity related instruments

and Gold Exchange Traded Funds and gold related instruments.

Peerless Equity Fund

(An Open Ended Equity Scheme) Capital appreciation over long term.

Investment in Equity & equity related securities diversified over various

sectors.

Peerless Midcap Fund

(An Open Ended Equity Scheme) Capital appreciation over medium to long term.

Investment in Equity & equity related securities of midcap companies.

Peerless Long Term Advantage Fund

(An Open Ended Equity Linked Savings Scheme) Capital appreciation over long term.

Investment in Equity & equity related Instruments.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

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