CALCULATION OF FUNDAMENTAL & SPECULATIVE RETURN

SENSEX CHANGE IN
DATE CLOSING PE RATIO THE PE EPS Fundamental Speculative
PRICE RATIO return Return

DEC.06 13786.91 22.51 _ 612.48 _ _

DEC.07 20286.99 26.94 4.43 753.04 22.95 24.20
DEC.08 9647.31 12.16 -14.78 793.36 5.35 -57.80
DEC.09 17464.81 21.82 9.66 800.40 0.89 80.15
DEC.10 20509.09 22.93 1.11 894.42 11.75 5.68
DEC.11 15454.92 16.92 -6.01 913.41 2.12 -26.77
DEC.12 19426.71 17.43 0.51 1114.56 22.02 3.68
DEC.13 21170.68 17.78 0.35 1190.70 6.83 2.15
DEC.14 27499.42 18.84 1.06 1459.63 22.59 7.31
DEC.15 26117.54 19.88 1.04 1313.76 -9.99 4.97
DEC.16 26626.46 20.56 0.68 1295.06 -1.42 3.37
DEC.17 34056.83 24.67 4.11 1380.50 6.60 21.31
DEC.18 36068.33 23.50 -1.17 1534.82 11.18 -5.27
DEC.19 41253.74 27.95 4.45 1475.98 -3.83 18.21
& SPECULATIVE RETURN ROLL NO. 36

Total
Dividend
Return
Yield
(%)
1.23 _
0.85 48.00
1.87 -50.58
1.12 82.15
1.05 18.48
1.58 -23.06
1.57 27.27
1.45 10.43
1.23 31.12
1.43 -3.60
1.49 3.44
1.16 29.07
1.2 7.11
1.1 15.48