Religare Tax Plan Application Form

1. Religare Infrastructure Fund
Religare Mid N Small Cap Fund
Religare Medium Term Bond Fund
April 28, 2011

2. Schemes Offered Table of Contents
Equity Schemes Page No.
Religare Tax Plan Religare Tax Plan................................................................................................................................................1
(An open ended equity linked savings scheme with a lock - in period of
3 years)
Religare Growth Fund...................................................................................................................................1
Religare Growth Fund
(An open ended diversified equity scheme)
Religare Arbitrage Fund.............................................................................................................................2
Religare Arbitrage Fund
(An open ended equity scheme) Religare Contra Fund....................................................................................................................................2
Religare Contra Fund
(An open ended equity scheme) Religare Equity Fund.....................................................................................................................................3
Religare Equity Fund
(An open ended equity scheme) Religare Mid Cap Fund.................................................................................................................................3
Religare Mid Cap Fund
Religare AGILE Fund.....................................................................................................................................4
(An open ended equity scheme)
Religare AGILE Fund
Religare Banking Fund.................................................................................................................................4
(An open ended equity scheme)
Religare Banking Fund Religare Business Leaders Fund...........................................................................................................5
(An open ended Banking Sector scheme)
Religare Business Leaders Fund Religare PSU Equity Fund..........................................................................................................................5
(An open ended equity scheme)
Religare PSU Equity Fund Religare Infrastructure Fund .................................................................................................................6
(An open ended equity scheme)
Religare Infrastructure Fund Religare Mid N Small Cap Fund..............................................................................................................6
(An open ended equity scheme)
Religare Liquid Fund.....................................................................................................................................7
Religare Mid N Small Cap Fund
(An open ended equity scheme)
Religare Ultra Short Term Fund............................................................................................................7
Debt Schemes
Religare Short Term Plan...........................................................................................................................8
Religare Liquid Fund
(An open ended liquid scheme)
Religare Active Income Fund ................................................................................................................8
Religare Ultra Short Term Fund
(An open ended debt scheme)
Religare Monthly Income Plan..............................................................................................................9
Religare Short Term Plan
(An open ended income scheme) Religare Monthly Income Plan (MIP) Plus ....................................................................................9
Religare Active Income Fund
(An open ended income scheme) Religare Overnight Fund .........................................................................................................................10
Religare Monthly Income Plan
(An open ended income scheme. Monthly income is not assured and is Religare Credit Opportunities Fund ..............................................................................................10
subject to availability of distributable surplus)
Religare Monthly Income Plan (MIP) Plus Religare Gilt Fund ..........................................................................................................................................11
(An open ended income scheme. Monthly income is not assured and is
subject to availability of distributable surplus. The term ‘Plus’ has been
used in terms of the asset allocation and not in terms of returns/yield) Religare Medium Term Bond Fund .................................................................................................12
Religare Overnight Fund
(An open ended liquid scheme) Information Common to all Schemes...........................................................................................13
Religare Credit Opportunities Fund
(An open ended income scheme) Schemes at a Glance ..................................................................................................................................19
Religare Gilt Fund
(An open ended dedicated gilt fund) Instructions .....................................................................................................................................................25
Religare Medium Term Bond Fund
(An open ended Income scheme) Scheme Ready Reckoner........................................................................................................................28

3. Name of Scheme Religare Tax Plan Religare Growth Fund
Investment Objective To generate long term capital growth from a diversified portfolio To generate long-term capital growth from a diversified portfolio
of predominantly equity and equity-related securities. of predominantly equity and equity-related securities.
Asset Allocation Pattern Type of Instruments Normal Allocation Type of Instruments Normal Allocation
(% of Net Assets) (% of Net Assets)
Equity and Equity related instruments# 80-100% Equity and Equity related instruments# 65-100%
Money Market instruments 0-20% Debt & Money Market instruments* 0-35%
# Maximum exposure to derivatives shall not exceed 50% of the *Debt instruments may include securitised debt (excluding foreign
net assets subject to the limits as specified by SEBI, from time to securitised debt) upto 35% of the net assets. #Maximum exposure
time. However, the cumulative gross exposure through equity, to derivatives shall not exceed 50% of the Net assets of the
debt and derivative positions shall not exceed 100% of the net Scheme, subject to the limits as specified by SEBI, from time to time.
assets of the scheme. However, the cumulative gross exposure through equity, debt and
derivative positions shall not exceed 100% of the net assets of the
scheme.
Risk Profile Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk
factors before investment. For scheme specific risk factors please refer page no. 16
Plans & Options Options Facility Options Facility
Growth* Nil Growth * Nil
Dividend Payout** and Reinvestment Dividend Payout and Reinvestment**
*If no option is specified at the time of application, the default *If no option is specified at the time of application, the default
option is Growth option is Growth
**If no facility is specified, the default facility is Dividend Payout **If no facility is specified, the default facility is Dividend Reinvestment
Applicable NAV The applicable NAV for purchase or redemption or switching of units will be based on the time of the Business Day on which the
application is accepted. For details please refer page no. 13
Investment Strategy Please refer page no. 13 for details
Minimum Application and Fresh Purchase Additional Purchase Redemption Fresh Purchase Additional Purchase Redemption
Redemption Amount / Number of Units
Rs. 500/- and in Rs. 500/- and in Rs. 500/- or Rs. 5,000/- and in Rs. 1,000/- and in Rs. 1,000/- or 100
multiples of Rs. 500/- multiples of Rs. 500/- 50 units or multiples of Re. 1/- multiples of Re. 1/- units or account
thereafter thereafter account balance, thereafter thereafter balance, whichever
whichever is lower is lower
Despatch of Repurchase Within 10 working days of the receipt of the redemption request at the official points of acceptance of Religare Mutual Fund.
(Redemption) Request
Benchmark Index BSE 100
Dividend Policy For details please refer page no. 18
Name of the Fund Manager Mr. Vetri Subramaniam & Mr. Vinay Paharia
Name of the Trustee Company Religare Trustee Company Limited
Performance of the Scheme Particulars 1 Year* 3 Years* Since Inception* Particulars 1 Year* 3 Years* Since Inception*
(as on 31st March, 2011) Religare Growth Fund - 14.80% 9.16% 7.89%
Religare Tax Plan - Growth^ 10.93% 12.54% 13.99% Growth^
BSE 100 8.55% 7.04% 9.05% BSE 100 8.55% 7.04% 7.41%
Absolute Returns for last 5 financial years^ Absolute Returns for last 4 financial years^
120% 100% 88.17%
98.24%^^
100% 88.17% 80% 72.26%^^
80% 60%
Tax Plan
60% 40%
35.21% BSE 100
40% 20% 14.80% Growth Fund
24.98% 8.55%
20% 10.93% 1.40% 5.83% 2008-09 BSE 100
8.55% 0%
2006-07^ 2008-09 2007-08^ 2009-10 2010-11
0%
-5.66% 2007-08 2009-10 2010-11 -20%
-20%
-9.40% -40% -34.22% -39.97%
+29-12-06 - 31-03-07 +09-08-07 - 31-03-08
-40% -35.18% -39.97%
-60%
-60%
^Past performance may or may not be sustained in future. ^Past performance may or may not be sustained in future.
*Returns are compounded annualized returns (CAGR) & inception *Returns are compounded annualized returns (CAGR) & inception
date is deemed to be date of allotment. ^^ Due to overall sharp rise in date is deemed to be date of allotment. ^^ Due to overall sharp rise in
stock prices. Date of allotment : December 29, 2006. stock prices. Date of allotment : August 9, 2007
Expenses of the Scheme Continuous Offer Period Continuous Offer Period
(i) Load Structure Entry Load Exit Load Entry Load Exit Load
Nil Nil Nil 1% (If redeemed / switched out on or before 1 year
from the date of allotment)
Nil (If redeemed / switched out after 1 year from
the date of allotment)
Also please refer page no. 18 for details. The AMC reserves the right to change / modify the load structure from a prospective date.
(ii) Recurring Expenses Average Daily Net Assets First Rs. 100 Crs Next Rs. 300 Crs Next Rs. 300 Crs Balance
Maximum, as a % of Average Daily Net Assets 2.50% 2.25% 2.00% 1.75%
Actual expenses for the previous financial year ended Actual expenses for the previous financial year ended
March 31, 2011 (Unaudited): 2.49% March 31, 2011 (Unaudited): 2.50%
Waiver of Load for Direct Applications Not Applicable
Tax Treatment for the Investors Investors are advised to refer to the details in the Statement of Additional Information and also independently refer to their tax
(Unitholders) advisor.
Daily Net Asset Value (NAV) The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.religaremf.com and
Publication www. amfiindia.com.
For Investor Grievances please contact For details please refer page no. 18
Unitholder’s Information For details please refer page no. 18
Key Information Memorandum 1

4. Name of Scheme Religare Arbitrage Fund Religare Contra Fund
Investment Objective To generate income through arbitrage opportunities emerging To generate capital appreciation through investment in equity and
out of mis-pricing between the cash market and the derivatives equity related instruments. The Scheme will seek to generate capital
market and through deployment of surplus cash in fixed income appreciation through means of contrarian investing. Contrarian
investing involves picking ‘neglected stocks’ with strong asset values
instruments. as well as focusing on high potential under owned sectors. The aim
is to have a first mover advantage by investing into out of favour
sectors/stocks thus increasing out-performance prospects. This
can be done by monitoring stock/sector ownership and relating it
to the fundamentals of the sector with an objective to get out of
over-owned stocks and get into under-owned ones.
Asset Allocation Pattern Type of Instruments Normal Allocation Type of Instruments Normal Allocation
(% of Net Assets) (% of Net Assets)
Equity and Equity related instruments 65-80% Equity and Equity related instruments 65-100%
*Equity Derivatives including stock futures 65-80% Debt & Money Market instruments* 0-35%
and stock options#
*Debt instruments may include securitized debts (excluding foreign
Money Market instruments / Debt 20-35% securitized debt) upto 100% of the debt component. Maximum exposure
instruments** and Fixed Income Derivatives
to derivatives shall not exceed 50% of the Net Assets subject to the limits
** including securitized debt (excluding foreign securitized debt) upto as specified by SEBI, from time to time. However, the cumulative gross
30% of net assets of this scheme. * The exposure to derivative shown
in the above asset allocation tables is the exposure taken against the exposure through equity, debt and derivative positions shall not
underlying equity investments and should not be considered for exceed 100% of the net assets of the scheme.
calculating the total asset allocation. The idea is not to take additional
asset allocation with the use of derivatives. # The notional value exposure
in derivatives securities would be reckoned for the purposes of the
specified limits, the margin money deployed on these positions would
be included in the Money Market category. The maximum derivatives
position will not exceed 80% of the portfolio (i.e. net assets including
cash). However, the cumulative gross exposure through equity,
debt and derivative positions shall not exceed 100% of the net
assets of the scheme. The maximum fixed income derivative position
will not exceed 35% of the portfolio (i.e. net assets including cash).
Risk Profile Mutual Fund Units involve investment risks includ ing the possible loss of principal. Please read the SID carefully for details on risk factors before
investment. For scheme specific risk factors please refer page no. 16
Plans & Options Options Facility
Growth * Nil
Dividend Payout and Reinvestment**
*If no option is specified at the time of application, the default option is Growth
**If no facility is specified, the default facility is Dividend Reinvestment
Applicable NAV The applicable NAV for purchase or redemption or switching of units will be based on the time of the Business Day on which the application
is accepted. For details please refer Page. No. 13
Investment Strategy Please refer page no. 13 for details
Minimum Application and Fresh Purchase Additional Purchase Redemption
Redemption Amount / Number of Units Rs. 5,000/- and in multiples of Re. 1/- thereafter Rs. 1,000/- and in multiples of Re. 1/- thereafter
Rs. 1,000/- or 100 units or account
balance, whichever is lower
Despatch of Repurchase Within 10 working days of the receipt of the redemption request at the official points of acceptance of Religare Mutual Fund.
(Redemption) Request
Benchmark Index CRISIL Liquid Fund Index BSE 500
Dividend Policy For details please refer page no. 18
Name of the Fund Manager Mr. Pranav Gokhale Mr. Vetri Subramaniam
Name of the Trustee Company Religare Trustee Company Limited
Performance of the Scheme Particulars 1 Year* 3 Years* Since Inception* Particulars 1 Year* 3 Years* Since Inception*
(as on 31st March, 2011) Religare Arbitrage Fund - 6.69% 5.71% 6.65% Religare Contra Fund - 7.81% 16.00% 13.04%
Growth^ Growth^
Crisil Liquid Fund Index 6.21% 6.22% 6.39% BSE 500 7.48% 6.50% 10.34%
Absolute Returns for last 4 financial years^ Absolute Returns for last 4 financial years^
10% 8.98% 120% 107.70%^^
9% 8.81% 96.38%
100%
8%
6.77% 6.69% 80%
7% 6.39% 6.21%
6% 60%
Arbitrage Fund 40%
5% 22.44%
4% 3.70% 3.69% CRISIL Liquid Fund Index 20% 4.30% 2008-09 7.81% 7.48% Contra Fund
3% 0%
2% 2007-08^ 2009-10 2010-11 BSE 500
-20%
1%
*30-04-07 - 31-03-08 -40% -30.30% + 11-04-07-31-03-08
0.%
2007-08^ 2008-09 2009-10 2010-11 -60% -42.77%
^Past performance may or may not be sustained in future. ^Past performance may or may not be sustained in future.
*Returns are compounded annualized returns (CAGR) & inception *Returns are compounded annualized returns (CAGR) & inception
date is deemed to be date of allotment. date is deemed to be date of allotment. ^^ Due to overall sharp rise in
Date of allotment : April 30, 2007. stock prices. Date of allotment : April 11, 2007
Expenses of the Scheme Continuous Offer Period Continuous Offer Period
(i) Load Structure Entry Load Exit Load Entry Load Exit Load
Nil Nil Nil 1% (If redeemed / switched out on or before 1 year
from the date of allotment)
Nil (If redeemed / switched out after 1 year from the
Redemption / Switch out permitted only during the interval period date of allotment)
Also please refer page no. 18 for details. The AMC reserves the right to change / modify the load structure from a prospective date.
(ii) Recurring Expenses Average Daily Net Assets First Rs. 100 Crs Next Rs. 300 Crs Next Rs. 300 Crs Balance
Maximum, as a % of Average Daily Net Assets 2.50% 2.25% 2.00% 1.75%
Actual expenses for the previous financial year ended Actual expenses for the previous financial year ended
March 31, 2011 (Unaudited): 1.35% March 31, 2011 (Unaudited): 2.50%
Waiver of Load for Direct Applications Not Applicable
Tax Treatment for the Investors Investors are advised to refer to the details in the Statement of Additional Information and also independently refer to their tax advisor.
(Unitholders)
Daily Net Asset Value (NAV) The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.religaremf.com and
Publication www. amfiindia.com.
For Investor Grievances please contact For details please refer page no. 18
Unitholder’s Information For details please refer page no. 18
Key Information Memorandum 2

5. Name of Scheme Religare Equity Fund Religare Mid Cap Fund
Investment Objective To generate long-term capital growth from a focused portfolio of To provide long term capital appreciation by investing in a portfolio
predominantly equity and equity-related securities. that is predominantly constituted of Equity and Equity related
Instruments of Mid Cap Companies.
Asset Allocation Pattern Type of Instruments Normal Allocation Type of Instruments Normal Allocation
(% of Net Assets) (% of Net Assets)
Equity and Equity related instruments# Equity and Equity Related
70-100% 65-100%
Debt & Money Market instruments* Instruments out of which:-
0-30%
Midcap Companies 65-100%
*Debt instruments may include securitised debt upto 30% of the net
assets. Companies other than Midcap Companies 0-35%
#Maximum exposure to derivatives shall not exceed 50% of the net Debt* & Money Market Instruments 0-35%
assets of the Scheme, subject to the limits as specified by SEBI, from * Investment in securitized debt shall not exceed 35% of the net assets
time to time. of the Scheme. The Scheme will not invest in foreign securitized debt.
However, the cumulative gross exposure through equity, debt and Maximum exposure to the derivatives shall not exceed 50 % of the net
derivative positions shall not exceed 100% of the net assets of the assets of the Scheme, subject to the limits as specified by SEBI, from
scheme. time to time. However, the cumulative gross exposure through equity,
debt and derivative positions shall not exceed 100% of the net assets
of the scheme.
Risk Profile Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors
before investment. For scheme specific risk factors please refer page no. 16
Plan & Options Options Facility Options Facility
Growth* Nil Growth* Nil
Dividend Payout and Reinvestment** Dividend Payout and Reinvestment**
*If no option is specified at the time of application, the default option is Growth *If no option is specified at the time of application, the default option is Growth
**If no facility is specified, the default facility is Dividend Reinvestment **If no facility is specified, the default facility is Dividend Reinvestment
Applicable NAV The applicable NAV for purchase or redemption or switching of units will be based on the time of the Business Day on which the application
is accepted. For details please refer page no. 13
Investment Strategy Please refer page no. 13 & 14 for details
Minimum Application and Fresh Purchase Additional Purchase Redemption Fresh Purchase Additional Purchase Redemption
Redemption Amount / Number of Units Rs. 5000/- and in Rs. 1,000/- and in Rs. 1,000/- or 100 Rs. 5000/- and in Rs. 1,000/- and in Rs. 1,000/- or 100
multiples of Re. 1/- multiples of Re. 1/- units or account multiples of Re. 1/- multiples of Re. 1/- units or account
thereafter. thereafter balance, whichever thereafter. thereafter balance, whichever
is lower is lower.
Despatch of Repurchase Within 10 working days of the receipt of the redemption request at the official points of acceptance of Religare Mutual Fund.
(Redemption) Request
Benchmark Index BSE 100 CNX Midcap Index
Dividend Policy For details please refer page no. 18
Name of the Fund Manager Mr. Vetri Subramaniam Mr. Vinay Paharia
Name of the Trustee Company Religare Trustee Company Limited
Performance of the Scheme Particulars 1 Year* 3 Years* Since Inception* Particulars 1 Year* 3 Years* Since Inception*
(as on 31st March, 2011) Religare Equity Fund - 7.17% 9.74% 7.08% Religare Mid Cap Fund - 9.00% 7.23% 8.51%
Growth^ Growth^
BSE 100 8.55% 7.04% 2.55% CNX Midcap Index 4.35% 8.81% 12.13%
Absolute Returns for last 4 financial years^
Absolute Returns for last 4 financial years^
100% 150% 133.33%^^
88.17% 126.12%
79.27%^^
80%
100%
60%
40% 50% 22.06%
12.00% 9.00% 4.35%
20% 7.17% 8.55% Equity Fund 2008-09
2007-08^ 2008-09 0% CNX Midcap Index
0% BSE 100 2007-08^ 2009-10 2010-11
-3.90% 2009-10 2010-11
-20% -10.94% -50% -45.40%
-51.52%
-40% -31.22%
-39.97% +04-10-07 - 31-03-08 -100% *19/4/2007 to 31/3/2008
-60%
^Past performance may or may not be sustained in future. ^Past performance may or may not be sustained in future.
*Returns are compounded annualized returns (CAGR) & inception *Returns are compounded annualized returns (CAGR) & inception
date is deemed to be date of allotment.^^ Due to overall sharp rise in date is deemed to be date of allotment. ^^ Due to overall sharp rise in
stock prices. Date of allotment : October 4, 2007 stock prices. Date of allotment : April 19, 2007
Expenses of the Scheme Continuous Offer Period Continuous Offer Period
(i) Load Structure Entry Load Exit Load Entry Load Exit Load
Nil 1% (If redeemed / switched out on or before 1 year Nil 1% (if redeemed/switched-out on or before 1 year
from the date of allotment) from the date of allotment)
Nil (If redeemed / switched out after 1 year from the Nil (if redeemed/switched-out after 1 year from the
date of allotment) date of allotment)
Also please refer page no. 18 for details. The AMC reserves the right to change / modify the load structure from a prospective date.
(ii) Recurring Expenses Average Daily Net Assets First Rs. 100 Crs Next Rs. 300 Crs Next Rs. 300 Crs Balance
Maximum, as a % of Average Daily Net Assets 2.50% 2.25% 2.00% 1.75%
Actual expenses for the previous financial year ended Actual expenses for the previous financial year ended March 31, 2011
March 31, 2011 (Unaudited): 2.50% (Unaudited): 2.50%
Waiver of Load for Direct Applications Not Applicable
Tax Treatment for the Investors Investors are advised to refer to the details in the Statement of Additional Information and also independently refer to their tax advisor.
(Unitholders)
Daily Net Asset Value (NAV) The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.religaremf.com and
Publication www. amfiindia.com.
For Investor Grievances please contact For details please refer page no. 18
Unitholder’s Information For details please refer page no. 18
Key Information Memorandum 3

6. Name of Scheme Religare AGILE Fund Religare Banking Fund
Investment Objective Religare AGILE Fund (Alpha Generated from Industry Leaders Fund) To generate long-term capital growth from a portfolio of equity and
aims to generate capital appreciation through investment in equity and equity-related securities of companies engaged in the business of banking
equity related instruments. The Scheme will seek to generate capital and financial services.
appreciation by investing in a passive portfolio of stocks selected from
the Industry Leaders on the basis of a mathematical model.
Asset Allocation Pattern Type of Instruments Normal Allocation Type of Instruments Normal Allocation
(% of Net Assets) (% of Net Assets)
Equity and Equity related instruments of the 65-100%
Equity and Equity related instruments# 90-100%
constituents of CNX Bank Index #
Debt & Money Market instruments* 0-10% Equity and Equity related instruments of banking 0-35%
*Debt instruments may include securitised debt (excluding foreign and financial services companies other than the
securitised debt) upto 10% of the net assets. constituents of CNX Bank Index #
#Maximum exposure to derivatives shall not exceed 50% of the net Debt* & Money Market Instruments 0-35%
assets of the Scheme, subject to the limits as specified by SEBI, from *Debt instruments may include securitized debt (excluding foreign
time to time. securitised debt) upto 35% of the net assets. #Maximum exposure to the
However, the cumulative gross exposure through equity, debt and derivatives shall not exceed 50% of the net assets of the Scheme, subject to
derivative positions shall not exceed 100% of the net assets of the the limits as specified by SEBI, from time to time. However, the cumulative
scheme.
gross exposure through equity, debt and derivative positions shall not
exceed 100% of the net assets of the scheme.
Risk Profile Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before
investment. For scheme specific risk factors please refer page no. 16
Plan & Options Options Facility Options Facility
Growth* Nil Growth* Nil
Dividend Payout and Reinvestment** Dividend Payout and Reinvestment**
*If no option is specified at the time of application, the default option *If no option is specified at the time of application, the default option is
is Growth Growth
**If no facility is specified, the default facility is Dividend Reinvestment **If no facility is specified, the default facility is Dividend Reinvestment
Applicable NAV The applicable NAV for purchase or redemption or switching of units will be based on the time of the Business Day on which the application is
accepted. For details please refer Page. No. 13
Investment Strategy Please refer page no. 14 for details
Minimum Application and Fresh Purchase Additional Purchase Redemption Fresh Purchase Additional Purchase Redemption
Redemption Amount / Number of Units Rs. 5000/- and in Rs. 1,000/- and in Rs. 1,000/- or 100 Rs. 5,000/- and in Rs. 1,000/- and in Rs. 1,000/- or 100 units
multiples of Re. 1/- multiples of Re. 1/- units or account multiples of Re. 1/- multiples of Re. 1/- or account balance,
thereafter. thereafter balance, whichever thereafter thereafter whichever is lower
is lower
Despatch of Repurchase Within 10 working days of the receipt of the redemption request at the official points of acceptance of Religare Mutual Fund.
(Redemption) Request
Benchmark Index S&P CNX Nifty CNX Bank Index
Dividend Policy For details please refer page no. 16
Name of the Fund Manager Mr. Pranav Gokhale Mr. Amit Ganatra
Name of the Trustee Company Religare Trustee Company Limited
Performance of the Scheme Particulars 1 Year* 3 Years* Since Inception* Particulars 1 Year* Since Inception*
(as on 31st March, 2011) Religare AGILE Fund - Growth^ 10.22% -1.68% -10.68% Religare Banking Fund - Growth^ 23.87% 31.7%
S&P CNX Nifty 11.14% 7.21% 0.44% CNX Bank Index 23.74% 34.76%
Absolute Returns for last 4 financial years^ Absolute Returns for the last 3 financial years^
80% 73.76% 140% 128.87%
117.20%^^
60%
120%
40.67% Agile Fund 100%
40% 80%
S&P CNX Nifty
20% 60%
10.22% 11.14% Banking fund
2007-08^ 2008-09 40%
0%
23.87% 23.74%
20% CNX Bank Index
2009-10 2010-11 2008-09^
-20% -17.68% 0%
+19-12-2007 - 31-3-2008 2009-10 2010-11 +14-7-08 - 31-03-09
-27.40% -20%
-40%
-38.71% -36.19% -21.50% -20.63%
-40%
-60%
^Past performance may or may not be sustained in future. ^Past performance may or may not be sustained in future.
*Returns are compounded annualized returns (CAGR) & inception *Returns are compounded annualized returns (CAGR) & inception
date is deemed to be date of allotment. date is deemed to be date of allotment. ^^ Due to overall sharp rise in
Date of allotment : December 19, 2007 stock prices. Date of allotment : July 14, 2008.
Expenses of the Scheme Continuous Offer Period Continuous Offer Period
(i) Load Structure Entry Load Exit Load Entry Load Exit Load
Nil 1% (If redeemed / switched out on or before 1 year Nil 1% (If redeemed / switched out on or before 1 year from
from the date of allotment) the date of allotment)
Nil (If redeemed / switched out after 1 year from the date
Nil (If redeemed / switched out after 1 year from the
of allotment)
date of allotment)
Also please refer page no. 18 for details. The AMC reserves the right to change / modify the load structure from a prospective date.
(ii) Recurring Expenses Average Daily Net Assets First Rs. 100 Crs Next Rs. 300 Crs Next Rs. 300 Crs Balance
Maximum, as a % of Average Daily Net Assets 2.50% 2.25% 2.00% 1.75%
Actual expenses for the previous financial year ended Actual expenses for the previous financial year ended March 31, 2011
March 31, 2011 (Unaudited): 2.50% (Unaudited): 2.50%
Waiver of Load for Direct Applications Not Applicable
Tax Treatment for the Investors Investors are advised to refer to the details in the Statement of Additional Information and also independently refer to their tax advisor.
(Unitholders)
Daily Net Asset Value (NAV) The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.religaremf.com and
Publication www. amfiindia.com.
For Investor Grievances please contact For details please refer page no. 18
Unitholder’s Information For details please refer page no. 18
Key Information Memorandum 4

7. Name of Scheme Religare Business Leaders Fund Religare PSU Equity Fund
Investment Objective To generate long term capital appreciation by investing in equity and equity To generate capital appreciation by investing in equity and equity related
related instruments including equity derivatives of companies which in our instruments of companies where the Central / State Government(s) has
opinion are leaders in their respective industry or industry segment. majority shareholding or management control or powers to appoint
majority of directors
Asset Allocation Pattern Type of Instruments Normal Allocation Type of Instruments Normal Allocation
(% of Net Assets) (% of Net Assets)
Equity and Equity related instruments of the 65-100%
Equity & Equity related instruments# 80-100% constituents of the BSE PSU Index
Equity and Equity related instruments of PSU 0-35%
companies other than the constituents of the BSE
Money Market Instruments & Debt Securities* 0-20% PSU Index
Equity and Equity related instruments of non PSU 0-20%
# Of companies which in our opinion are leaders in their respective companies#
industry or industry segment; * Investment in securitized debt including Debt* & Money Market Instruments 0-35%
pass through certificate (PTC) shall not exceed 20% of the net assets of the #Companies which are PSUs at the time of investment and which may
Scheme. The Scheme will not invest in foreign securitized debt. subsequently become non PSU because of privatization or disinvestment
The maximum derivative position will be restricted to 50% of the net assets *Investment in securitized debt including pass through certificate (PTC)
of the Scheme. shall not exceed 20% of the net assets of the Scheme. The Scheme will
However, the cumulative gross exposure through equity, debt and deriva- not invest in foreign securitized debt. The Scheme may use derivatives for
purposes as may be permitted from time to time. The maximum derivative
tive positions shall not exceed 100% of the net assets of the scheme. position will be restricted to 50% of the net assets of the Scheme. However,
the cumulative gross exposure through equity, debt and derivative positions
shall not exceed 100% of the net assets of the scheme.
Risk Profile Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before
investment. For scheme specific risk factors please refer page no. 16
Plan & Options Options Facility Options Facility
Growth* Nil Growth* Nil
Dividend Payout and Reinvestment** Dividend Payout and Reinvestment**
*If no option is specified at the time of application, the default option is
*If no option is specified at the time of application, the default option is Growth
Growth **If no facility is specified, the default facility is Dividend Reinvestment
**If no facility is specified, the default facility is Dividend Reinvestment
Applicable NAV The applicable NAV for purchase or redemption or switching of units will be based on the time of the Business Day on which the application is
accepted. For details please refer Page. No. 13
Investment Strategy Please refer page no. 14 for details
Minimum Application and Fresh Purchase Additional Purchase Redemption Fresh Purchase Additional Purchase Redemption
Redemption Amount / Number of Units Rs. 5,000/- and in Rs. 1,000/- and in Rs. 1,000/- or 100 Rs. 5,000/- and in Rs. 1,000/- and in Rs. 1,000/- or 100 units
multiples of Re. 1/- multiples of Re. 1/- units or account multiples of Re. 1/- multiples of Re. 1/-
thereafter thereafter
thereafter thereafter balance, whichever
is lower
Despatch of Repurchase Within 10 working days of the receipt of the redemption request at the official points of acceptance of Religare Mutual Fund.
(Redemption) Request
Benchmark Index S&P CNX Nifty BSE PSU Index
Dividend Policy For details please refer page no. 18
Name of the Fund Manager Mr. Vetri Subramaniam Mr. Vetri Subramaniam & Mr. Amit Ganatra
Name of the Trustee Company Religare Trustee Company Limited
Performance of the Scheme Particulars 1 Year* Since Inception* Particulars 1 Year* Since Inception*
(as on 31st March, 2011) Religare Business Leaders Fund - Growth^ 9.00% 15.43% Religare PSU Equity Fund - Growth^ 7.45% 6.94%
S&P CNX Nifty 11.14% 17.02% BSE PSU Index -0.87% -1.99%
Absolute Returns for the last 2 financial years^
Absolute Returns for the last 2 financial years^
18%
16% 15.60% 15.90% 8% 7.45%
14% 6%
12% 11.14%
10% 9.00% 4%
8% 2.00% PSU Equity Fund
6% Business Leaders Fund 2%
BSE PSU Index
4% S&P CNX Nifty +18-11-09-31-03-10
0%
2%
0% +21-08-09 - 31-03-10 -0.87%
-2%
2009-10^ 2010-11 -1.86%
-4% 2009-10^ 2010-11
^Past performance may or may not be sustained in future. ^Past performance may or may not be sustained in future.
*Returns are compounded annualized returns (CAGR) & inception *Returns are compounded annualized returns (CAGR) & inception
date is deemed to be date of allotment. date is deemed to be date of allotment.
Date of allotment : August 21, 2009. Date of allotment : November 18, 2009.
Expenses of the Scheme Continuous Offer Period Continuous Offer Period
(i) Load Structure Entry Load Exit Load Entry Load Exit Load
Nil 1% (If redeemed / switched out on or before 1 year from 1% (If redeemed / switched out on or before 1 year from the
the date of allotment) date of allotment)
Nil
Nil (If redeemed / switched out after 1 year from the date Nil (If redeemed / switched out after 1 year from the date of
of allotment) allotment)
Also please refer page no. 18 for details. The AMC reserves the right to change / modify the load structure from a prospective date.
(ii) Recurring Expenses Average Daily Net Assets First Rs. 100 Crs Next Rs. 300 Crs Next Rs. 300 Crs Balance
Maximum, as a % of Average Daily Net Assets 2.50% 2.25% 2.00% 1.75%
Actual expenses for the previous financial year ended March 31, 2011 Actual expenses for the previous financial year ended March 31, 2011
(Unaudited): 2.50%. (Unaudited): 2.39%.
Waiver of Load for Direct Applications Not Applicable
Tax Treatment for the Investors Investors are advised to refer to the details in the Statement of Additional Information and also independently refer to their tax advisor.
(Unitholders)
Daily Net Asset Value (NAV) The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.religaremf.com and www.
Publication amfiindia.com.
For Investor Grievances please contact For details please refer page no. 18
Unitholder’s Information For details please refer page no. 18
Key Information Memorandum 5