Fundcard

Birla Sun Life Equity Fund

Value Research Fund Rating as on Apr 30, 2017

Open-ended and Equity: Multi Cap

Risk Grade Average

Return Grade High

NAV Rs. 633.77 as on May 23, 2017

Net Assets Rs. 5286.8 crore as on Apr 30, 2017

The contents of this Value Research Fund Card (the "Fund Card") published by Value Research India Private Limited are not intended to serve as professional advice
or guidance and the publisher takes no responsibility or liability, express or implied, whatsoever for any investment decisions made or taken by the readers of this
Fund Card based on its contents thereof. You are strongly advised to verify the contents before taking any investment or other decision based on the contents of this
Fund Card. The Fund Card is meant for general reading purposes only and is not meant to serve as a professional guide for investors. The readers of this Fund Card
should exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment deci-
sion or entering into any financial obligation based on any information, statement or opinion which is contained, provided or expressed in this Fund Card.
The Fund Card contains information, statements, opinions, statistics and materials that have been obtained from sources believed to be reliable and the publishers
of the Fund Card have made best efforts to avoid any errors and omissions, however the publishers of this Fund Card make no guarantees and warranties whatso-
ever, express or implied, regarding the timeliness, completeness, accuracy, adequacy, fullness, functionality and/or reliability of the information, statistics, statements,
opinions and materials contained and/or expressed in this Fund Card or of the results obtained, direct or consequential, from the use of such information, statistics,
statements, opinions and materials. The publishers of this Fund Card do not certify and/or endorse any opinions contained, provided, published or expressed in this
Fund Card. All disputes shall be subject to the jurisdiction of Delhi courts only.
Birla Sun Life Equity Fund
Rating: Fund Performance Vs S&P BSE 200
Risk: Average
Return: High

Fund
S&P BSE 200
(Rebased to 10,000)

History 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
NAV (Rs) 307.06 133.20 252.08 287.77 203.23 275.86 295.48 462.75 476.32 548.79 633.77
Total Return (%) 69.91 -56.62 89.25 14.16 -29.38 35.74 7.11 56.61 2.93 15.21 15.48
+/- S&P BSE 200 - - - - - - - - - - -
+/- S&P BSE Sensex 22.76 -4.17 8.22 -3.27 -4.74 10.04 -1.87 26.72 7.96 13.26 1.44
Rank (Fund/Category) 8/67 68/88 20/91 62/80 77/83 16/78 28/73 20/145 81/173 2/143 85/130
52 Week High (Rs) 307.06 315.96 252.08 306.42 289.47 276.19 295.48 473.60 510.16 602.16 -
52 Week Low (Rs) 163.24 116.81 108.99 234.33 200.85 203.16 230.76 281.06 454.24 411.84 -
Net Assets (Rs.Cr) 1533.84 736.02 1204.43 1107.61 742.74 750.41 642.84 1574.97 2391.55 3204.00 4043.55
Expense Ratio (%) 2.13 2.02 2.04 2.01 2.09 2.16 2.69 2.56 2.28 2.25 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

HDFC Bank Financial 27.60 30.26 5.27 2017 14.13 - - - -

Vedanta Metals 7.80 6.68 4.59 2016 -2.60 9.10 15.18 -5.87 15.21
ICICI Bank Financial 18.20 19.96 3.43 2015 5.25 -2.65 1.10 -0.63 2.93
Tata Chemicals Chemicals 26.50 19.86 3.36 2014 8.26 29.34 3.01 8.58 56.61
Maruti Suzuki India Automobile 28.30 29.26 3.02 2013 -8.40 0.22 0.28 16.35 7.11
Yes Bank Financial 19.20 21.21 2.85
Hindustan Unilever FMCG 49.20 23.45 2.67 Trailing Returns (%)
Indusind Bank Financial 29.00 25.58 2.65 Return Rank S&P BSE SIP
Tata Communications Communication 27.70 6.65 2.59 Fund Category Fund/Cat 200 Return
Dr. Reddy's Lab Healthcare 30.90 -15.70 2.52 Year-to-Date 15.48 16.77 85/130 15.85 -
ITC FMCG 36.40 24.61 2.42 3-Month 4.06 5.44 97/132 4.98 9.95
Indian Oil Corp. Energy 12.40 30.22 2.25 6-Month 16.18 17.51 90/130 17.53 26.25
Century Textiles & Inds. Diversified 119.30 40.66 2.13 1-Year 33.02 27.31 27/129 24.19 21.80
Dalmia Bharat Construction 332.60 74.75 1.96 2-Year 14.39 10.13 13/129 7.23 21.42
Grasim Industries Diversified 32.80 27.31 1.95 3-Year 17.97 15.55 24/118 10.50 17.50
HCL Technologies Technology 18.00 4.55 1.94 5-Year 23.77 18.94 3/57 15.61 22.40
Cholamandalam Invest. & Financial 22.10 7.75 1.68 7-Year 14.82 13.11 8/49 9.97 19.07
ACC Construction 52.60 22.66 1.68 10-Year 12.42 11.71 18/40 8.83 16.36
Bank of Baroda Financial 30.30 19.14 1.68 Return less than 1-year are absolute and over 1 year are annualised
Tata Steel Metals 13.80 25.39 1.60
Hindalco Inds. Metals 30.40 23.44 1.59 Top 10 Sector Weights (%) Risk Analysis
Sun Pharmaceutical Inds. Healthcare -2.73 1.58 Volatility Measurements
Fund S&P BSE 200
Infosys Technology 15.90 -5.27 1.54
Financial 25.28 - Standard Deviation 16.89
Tech Mahindra Technology 12.50 -14.90 1.51
Dishman Pharma & Chem Healthcare 188.50 31.13 1.36 Metals 8.25 - Sharpe Ratio 1.13
Energy 7.65 - Beta 1.10
FUND STYLE FMCG 7.41 - R-Squared 0.82
Portfolio Characteristics Investment Style Healthcare 6.58 - Alpha 11.09
Growth Blend Value
Total Stocks 74 Automobile 5.85 -
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

51495 Chemicals 5.70 -

Portfolio P/B Ratio 2.86 Technology 5.00 - Equity 89.95
Portfolio P/E Ratio 23.88 Communication 4.13 - Debt 13.61
3Y Earnings Growth (%) 21.32 Diversified 4.08 - Cash -3.56
Returns as on May 23, 2017, Portfolio related data as on April 30, 2017
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 354.26%
A steady climber in the rankings, this five-star fund has beaten both its The fund seeks long-term
benchmark and peers by a huge margin in 2016. With this, the fund has growth of capital and regular
come full cycle from the setback to its performance in 2011, when it lost
income through 90%
more than the benchmark and category. The fund selects for its portfolio
businesses offering visible and consistent earnings growth at reasonable investment in equities and
valuations. The portfolio features a mix of growth as well as value picks. 10% in debt and money
The fund also proactively looks out for well-run businesses, with no market securities. The scheme
immediate triggers but which are available at deep value. The fund is would adopt top-down &
QUARTER 114.79% large-cap oriented, with 65 per cent or more of the assets invested in
bottom-up approach of
large-cap stocks. Mid caps constitute 25 per cent of the portfolio and the
residual portion is invested in small caps. The fund's three-year returns investing & a portion of the
are now over 11 percentage points ahead of the benchmark returns and scheme will also be invested
6 percentage points of the category returns. On a five-year basis, the in IPOs, emerging sectors &
margin of outperformance is over 8 and 5 percentage points, respectively.
other primary market offerings.
The past record suggests that the fund has been better at making the
most of bull markets, rather than containing losses in bear markets. But
MONTH as fund has seen a fair bit of fund-manager shuffle over its long life, the
44.32%
past record cannot be strictly extrapolated. The recent improvement in
performance has coincided with the current fund manager taking over in
2012.

Portfolio Manager

Anil Shah
Worst Performance Since Oct 2012

YEAR -59.53%

QUARTER -47.70%

MONTH -35.10%
Investment Information

AMC : Birla Sun Life Asset Management Company Ltd Min Investment (Rs.) : 1000
Website : mutualfund.birlasunlife.com Min SIP Investment (Rs.) : 1000
Registrar : Computer Age Management Services Ltd. Exit Load : 1% for redemption within 365 days
Launch : August 1998
Benchmark : S&P BSE 200
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (102.49) , Growth (633.77)

NAV S&P BSE 200

How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the funds performance Sample Mutual Fund
since its launch. Graph of how an investors money
Rating: Fund Performance Vs S&P CNX Nifty
z NAV (Year End) The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return The percent- Fund
funds benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the funds NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank The funds perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire years returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investors assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund The funds own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
years returns are given. Also
z Index The returns of the
stated is the percentage of the
funds benchmark index.
funds investments that are
z SIP Return (Annualised)
invested in that company.
The return that an investor
would have made by investing
in the funds monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the funds investments. The mar- of investment that the fund follows, The percentage of the funds holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the funds investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.