TAQWAA ADVISORY AND SHARIAH INVESTMENT SOLUTIONS (P) LD. Registerad Offce 5, Natalala Bung, 110, 8.VS. Road, Mahim, Mumbai - 400 018 Tol +91-22-244548%0 | Ema: ino@tasain | Websile wine tase in CIN No Urétaoner2007°TC174170 27" November, 2018, ‘Mumta india. ‘Mr, Marshad Pat, Chief Investment Office, ‘ata AIA Life Insurance Company Unite, 1th Floor, Tower’, Peninsula Business Park, Senapati Spt. Marg, Lower Prel, MUMBA Subject: Pursuant to the agreement dated 1° October, 2018, fr calculation of Purging for TATA AIA fe Super Select Equity Fund of Tata AIA Life Insurance Company Limited {TALICL) and TALIGL request to provide 2 tentative assessment ofthe Purging ratio fr the peod 2017- 18, TASIS has collected the fact sheet and portfolio transactions ofthe sid Fund for the petiod 2017-18. |As per the calculation adopted by TASS, the Purging amount on account of the portfolio of TATA AIA Life Super Select Equity Fund fr the perce 2017-18 present works out to Rs. 0.0005734 per unit day (r 0.698% p.a. ofthe average lvestment) ing Ratio for TATA AIA Life Super Select Equity Fund for 2017-18, Please note thatthe figure quoted above does not include the purging on account of 3 serps included in the potfollo, ve. Navin Fuorne (Ful yea), AB India (3 months) and esto nda (for 3 months) a the relevant information for them isnot yet valble, Its clare that the actual Purging ratie fr the period 2028-19 has nat been caleulated as ‘et since the relevant dota for 2018-19 i not avallable In the public domain. However, on ‘the basis ofthe historical data, one can confidently expect that the Purging ratio for the Fund forthe year 2018-19 wil be less than 1% ofthe average investment. This estimations subject tothe Fund using the constituents of the NSE Sharif Index 35 the universe for selection of scrips forits Fund. ‘The actual purging ratio forthe Fund for the period 2018-19 wil be shared with TALICL once the data forall the companies inthe portfolio becomes avalale In addin, 1s aevised thatthe Investors should be Informed to follow TASS proposed methodology to apply the Purging ratio to their investments on the basis of their actu transactions and holdings. A specimen calculation hasbeen provided to TALICL _ & Corporate Office 1st Floor, Khatau Bldg, 44, Bank Stee, Fort, Mumbai -400 00%. titest?¥01-22-22690147‘TAQWAA ADVISORY AND SHARIAH INVESTMENT SOLUTIONS (P) LTD. Registered Ofc: 5, Nataala Bung, 10, SVS. Road, Matin Mumbai - 400016 ‘Tol: 99122-24454610 | Ema nfo@asiin | Website: wn tsi in CIN No: Ura donzon7eTerTH70 ‘We would keto inform you that 2 formal certification ofthe Methodology advises by TASIS uly endorsed by the Shariah Scholars on TASIS Shariah Board has also been provided to Taua. For Tagwas Advisory and ‘Shariah Investment Solutions (P) imited an cnaTouaray Stag” tomecron) Corporate Ofce 1s Floor, Khatau Bldg, 44, Bank Steet, For, Mumbal -400 001. Dict: +91-22-22600147