Abridged Annual Report for 2010-2011

Abridged Annual Report for 2010-2011 • Birla Sun Life Basic Industries Fund

Birla Sun Life Basic Industries Fund
FUND, BIRLA SUN LIFE MUTUAL FUND, One India Bulls, Tower 1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road. Mumbai - 400 013 LIST OF DIRECTORS OF BIRLA SUN LIFE TRUSTEE COMPANY PVT. LTD.: Mr. Prafull Anubhai Dr. V.S. Arunachalam Mr. Suresh Talwar Mr. B.N. Puranmalka Mr. Gurcharan Das CHIEF EXECUTIVE OFFICER: Mr. A. Balasubramanian Equity Markets - Outlook: The year 2010-11 was a year of consolidation with benchmark indices returning 12.4% over past one year. In comparison MSCI World Index and MSCI Emerging Markets Index delivered 14.3% and 18.9% on currency (INR) adjusted basis. The year gone by also witnessed FII inflows in line with last year, amounting to Rs. 110,121 Crs. As we begin a new fiscal year, global markets seem to be comfortably climbing the wall of worries, though, recent earthquake in Japan has added a some more uncertainty to the strength and pace of global recovery. On domestic front, there are some macro-economic concerns relating to high inflation and risks associated with elevated crude oil prices and slowdown in investments. In coming years, moderate inflation and improving governance should be able to drive investments and growth. This in turn would reflect in corporate sector earnings and hence stock returns as well. Consensus GDP growth estimates for India has witnessed some downgrades to factor in some of the macro headwinds. Corporate earnings have also witnessed similar changes. Even after these cuts, corporate earnings are expected to grow. Debt Markets - Outlook: As commodity inflation cools down over the next few months, we think Indian equity markets will be in a bit of sweet spot. With the Indian demand story expected to remain robust and cost pressures subsiding, Indian equities should be able outperform other equity markets. Clearly the primary risk to this view is that either commodity prices do not cool or Indian inflation remains elevated due to demand pressures. The on-going anti-inflationary tightening stance of the central bank that may bring in another 50-75bps hike on the repo, which should not be a negative surprise to the markets. We think there is a fair chance that our Big inflation problem is already behind us. With clear signs of a private investment activity slowdown and the corrective action against the demand side (non-food manufacturing) inflation we would expect the turnaround in central bank's hawkish stance to come about in September 2011 with the beginning of open market operations. The OMO's from the central bank may be followed by cuts in cash reserve ratios by NovemberDecember to comfort the banking system liquidity. B. Brief background of Sponsors, Trust, Trustee Company and AMC Company Birla Sun Life Mutual Fund Birla Sun Life Mutual Fund (BSLMF) is a Trust with the Sponsors being Aditya Birla Financial Services Private Limited (wholly owned subsidiary of Aditya Birla Nuvo Ltd.) and Sun Life (India) AMC Investments Inc. It was set up on December 16, 1994 with Birla Sun Life Trustee Company Pvt Ltd. (the Trustee Company) as a Trustee in accordance with the provisions of the Indian Trusts Act, 1882 and is duly registered under the Indian Registration Act, 1908. The Trustee has entered into an Investment Management Agreement dated December 16, 1994 with Birla Sun Life Asset Management Co. Ltd. (BSLAMC) to function as the Investment Manager for all the Schemes of BSLMF. BSLMF was registered with SEBI on December 23, 1994 under Registration Code MF/020/ 94/8. Birla Sun Life Trustee Company Pvt Ltd. The Trustee is the exclusive owner of the Trust Fund and holds the same in trust for the benefit of the unitholders. The Trustee has been discharging its duties and carrying out the responsibilities as provided in the Regulations and the Trust Deed. The Trustee seeks to ensure that the Fund and the Schemes floated there under are managed by the AMC in accordance with the Trust Deed, the Regulations, directions and guidelines issued by the SEBI, the Stock Exchanges, the Association of Mutual Funds in India and other regulatory authority. The most important responsibility of the Trustee is to safeguard the interests of the Unit holders which is done by ensuring that the activities of Birla Sun Life Mutual Fund are managed by BSLAMC (Investment Manager) in compliance with the SEBI (Mutual Funds) Regulations, 1996 as amended from time to time read with the Investment Management Agreement and Trust Deed. On the basis of the information provided and reviews undertaken, the Trustees hereby confirm that BSLAMC has operated in the interests of the Unit holders. C. Investment Objective of the Scheme Birla Sun Life Basic Industries: (An Open ended Growth Scheme) with a primary investment objective of the scheme is to generate long-term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in companies sensitive to economic cycles and commodity pricing cycles. The investments will be in companies which are often referred to as cyclical companies. The secondary objective is income generation and distribution of dividend. D. Summary of Significant Accounting Policies: Accounting policies are in accordance with Securities Exchange Board of India (Mutual Fund) Regulations 1996. The financial statements are prepared on the accrual basis of accounting, under the historical cost convention, as modified for investments, which are 'marked-to-market'. The significant accounting policies, which are in accordance with the SEBI Regulations and form part of the full Annual report is available on the website - www.birlasunlife.com.

STATUTORY AUDITORS: S.R. Batliboi & Co. Chartered Accountants, 6th Floor, Express Towers, Nariman Point, LIST OF DIRECTORS OF BIRLA SUN LIFE Mumbai - 400 021 ASSET MANAGEMENT COMPANY LTD.: REGISTRAR & TRANSFER AGENTS: Mr. Kumar Mangalam Birla Computer Age Management Services Pvt. Ltd. Mr. Donald Stewart Rayala Towers, 158 Anna Salai, Mr. Ajay Srinivasan Chennai - 600 002 Mr. Ashok Goenka Mr. Sundar Raman CUSTODIAN: Mr. N.N. Jambusaria JP Morgan Chase Bank Mr. N.C. Singhal 6th floor, Mr. Venkatesh Mysore Paradigm B wing, Prof. R Vaidyanathan Mindspace, Mr. R.C.Bhargava Mumbai - 400 064 Mr. Pankaj Razdan Mr. Dikran Ohannessian ABRIDGED TRUSTEE REPORT Dear Investor, Greetings from Birla Sun Life Mutual Fund! The Directors of the Trustee Company have pleasure in presenting before you the Abridged Annual Report of the scheme "Birla Sun Life Basic Industries Fund" of Birla Sun Life Mutual Fund for the financial year ended March 31, 2011. A. Scheme Performance, Future Outlook and Operations of the Scheme The total domestic assets under management of Birla Sun Life Mutual Fund as on March 31, 2011 were Rs. 54,256/- crores. The average domestic assets under management for the month of March 2011 stood at Rs. 65,076/- crores, an increase of over 4% from Rs. 62343 crores in March 31, 2010, whereas, based on the comparison of data as available, the Industry assets under management have shrunk by 6% for the same period. The numbers of live investor scheme accounts as on March 31, 2011 stood to 24.28 Lac. The performance of Birla Sun Life Basic Industries Fund, an Open ended Growth Scheme as on March 31, 2011 is presented below: Scheme Name Returns (in percentage) 1 Year 3 Years 5 Years Since Inception NAV as on Net Assets March 31, 2011 2011 as on March 2011 31, 2011 (Rs. In crs) Birla Sun Life Basic Industries Fund - Growth BSE200 -1.57 8.15 5.13 7.17 8.99 10.98 22.56 12.82 97.85 100.98

Inception - January 15,2000
• Returns for the period upto one year are absolute returns and for the period more than one year are compounded annualised returns, with re-investment of dividends, if any. Returns have been calculated after considering reinvestment of dividends, if any, on the ex-date. Past Performance may or may not be sustained in the future.

• •

For the period under consideration, the scheme has underperformed its benchmark. Notwithstanding Fund managers' perception about the movement of broader markets and their consequential actions to protect the interest of unit holders, such underperformance is attributable to various factors such as domestic and external economic situation, geopolitical developments, market volatility, marginal cash allocation in the portfolio to ensure liquidity etc. Although, over a long period the scheme has outperformed its benchmark, Trustees have advised the AMC to take adequate steps to minimize such instances in future. Accordingly, the Fund Managers have taken various corrective actions including tighter limits on deviations from benchmarks during periods of heightened market volatility.

Birla Sun Life Mutual Fund •

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In our opinion. Batliboi & Co. AMFI. as well as evaluating the overall financial statement presentation. An audit also includes assessing the accounting principles used and significant estimates made by management. • • G. evidence supporting the amounts and disclosures in the financial statements. We report that: We have obtained all the information and explanations. Investor Service Centers. Key Partners. Acknowledgements The Trustees thank SEBI.91 BIRLA SUN LIFE MUTUAL FUND . Unclaimed Dividends & Redemptions.birlasunlife.com) and shall be available for inspection at the Head Office of the mutual fund. R. 2010 Scheme Name Birla Sun Life Basic Industries Fund F. H. and give a true and fair view in conformity with the accounting principles generally accepted in India: a) b) in the case of the balance sheet.birlasunlife. ii. Prafull Anubhai Chairman For S. An audit includes examining. The said policy and details of actual exercise of proxy votes during the Financial Year 2010 . In our opinion. We believe that our audit provides a reasonable basis for our opinion. iv. the company has formulated its "Policy for Proxy Voting in Public Listed Companies". For and on behalf of Birla Sun Life Trustee Company Private Limited iii. The price and redemption value of the units. present and prospective unit holder can obtain copy of the trust deed. 3. can go up as well as down with fluctuations in the market value of its underlying investments. 1996 ('the SEBI Regulations'). Our responsibility is to express an opinion on these financial statements based on our audit.93 2. On written request. BSLAMC and its employees for their commitment and looks forward to their continued support. and such other accretions / additions to the same. of the state of affairs of the Scheme as at 31 March 2011. the said financial statements give the information required by the SEBI Regulations as applicable.178. We conducted our audit in accordance with auditing standards generally accepted in India. and income from them. 301003E June 29. Unclaimed Redemptions as on March 31. 2011 AUDITORS' REPORT To the Trustee of Birla Sun Life Basic Industries Fund Scheme Name Birla Sun Life Basic Industries Fund No of Investors 3822 (Amount in Rs) 9. the full Annual Report of the Fund / AMC at a price. Firm Registration No.Birla Sun Life Basic Industries Fund ('the Scheme') as at 31 March 2011 and also the revenue account for the year ended on that date annexed thereto. the Scheme's asset manager.) 802. and to the best of our information and according to the explanations given to us.Abridged Annual Report for 2010-2011 • E. These financial statements are the responsibility of the management of Birla Sun Life Asset Management Company Limited.com. and in the case of the revenue account. Full Annual Report shall be disclosed on the website (www. on a test basis. of the surplus for the year ended on that date. The balance sheet and revenue account dealt with by this report are in agreement with the books of account. Distributors. 29 June 2011 Chartered Accountants Birla Sun Life Mutual Fund • 2 . the Investors. which to the best of our knowledge and belief were necessary for the purposes of our audit.BIRLA SUN LIFE BASIC INDUSTRIES FUND: 1.902. 2011 Mumbai per Surekha Gracias Partner Membership No: 105488 Mumbai. 2011 Unclaimed Dividends as on March 31. We have audited the attached balance sheet of Birla Sun Life Mutual Fund . Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.www. • Statutory Information: No of Investors 54 Amount (in Rs.779. 1 Lac for setting up the Fund. The Sponsors are not responsible or liable for any loss resulting from the operation of the Schemes of the Fund beyond their initial contribution (to the extent contributed) of Rs. Redressal of complaints received against mutual funds during 2010-11: Please refer the Annexure 1 to this report on the last page for the details related to "Disclosure of investor complaints with respect to Mutual Funds". i. the balance sheet and revenue account dealt with by this report have been prepared in conformity with the accounting policies and standards specified in the Ninth Schedule to the Securities and Exchange Board of India (Mutual Funds) Regulations. General Policies and Procedures for exercising the voting rights: In view of SEBI guidelines related to "Role of Mutual Funds in Corporate Governance of Public Listed Companies".2011 is available on its website . Service Provides.

83 (2.028.4 1.2 3.6 1.1.66 191.16 Notes to Accounts .1.1. 17th Floor.336.2 1. Birla Sun Life Basic Industries Fund ABRIDGED BALANCE SHEET AS AT MARCH 31.06 502.3.17 (Rupees in Lakhs) As at March 31.763.977.4 1.3 1.74 10.4 1. 841.77 12.5 1.87 (2.67 423.72) 3.77 79.302.2. Elphinstone Road.5 1.1.633. 2011 1 2 2.6 1.25 21.2. Senapati Bapat Marg.3.2.302.1 2.3. Jupiter Mill Compound.478.1.1.1.1 3.2 1.50) 545.5 1.400 013.5 1. Tower 1.9 1.06 9.97 182. 2011 As at March 31.769.3 4 9.2.66 13.Annexure I Birla Sun Life Mutual Fund • 3 .3 1.2.86 10.769.44 8.3 1.64 13.2 1.2 LIABILITIES Unit Capital Reserves & Surplus Unit Premium Reserves Unrealised Appreciation Reserve Other Reserves Loans & Borrowings Current Liabilities & Provisions Provision for doubtful Income/Deposits Other Current Liabilities & Provisions TOTAL ASSETS Investments Listed Securities: Equity Shares Preference Shares Equity Linked Debentures Other Debentures & Bonds Securitised Debt securities Future & Option Securities Awaited Listing: Equity Shares Preference Shares Equity Linked Debentures Other Debentures & Bonds Securitised Debt securities Unlisted Securities Equity Shares Preference Shares Equity Linked Debentures Other Debentures & Bonds Securitised Debt securities Government Securities Treasury Bills Commercial Paper Certificate of Deposits Bill Rediscounting Units of Domestic Mutual Fund Foreign Securities Total Investments Deposits Other Current Assets Cash & Bank Balance CBLO/ Reverse Repo Lending Others Deferred Revenue Expenditure (to the extent not written off) TOTAL 2.1 4.3.4 1. 1.1 1.615.06 647.Abridged Annual Report for 2010-2011 • BIRLA SUN LIFE MUTUAL FUND One India Bulls Centre. Mumbai .763.891.10 2 3 3.16 1 1.633.1 1.40 8. 2010 3.3 3 4 4.7 1.17 12.3 1.120.2 1.2 2.1 1.3.8 1.

24 278.027.80 2.95) 94.623.2 7.325.2 1.7 2 2.090.793. Elphinstone Road.163.2 2.14 1.75 7.5 1. 2011 Current Year ended March 31.70) 7.62 1.3 1.2 10 INCOME Dividend Interest Realised Gain / (Loss) on Foreign Exchange Transactions Realised Gains / (Losses) on Interscheme sale of investments Realised Gains / (Losses) on External sale / redemption of investments Realised Gains / (Losses) on Derivative Transactions Other Income (A) EXPENSES Management fees Service tax on Management fees Transfer agents fees and expenses Custodian fees Trusteeship fees Commission to Agents Marketing & Distribution expenses Audit fees Other operating expenses (B) NET REALISED GAINS / (LOSSES) FOR THE YEAR / PERIOD (A -B = C) Change in Unrealised Depreciation in value of investments (D) NET GAINS / (LOSSES) FOR THE YEAR / PERIOD (E=(C-D)) Change in unrealised appreciation in the value of investments (F) NET SURPLUS / (DEFICIT) FOR THE YEAR / PERIOD ( E + F = G ) Add: Balance transfer from Unrealised Appreciation Reserve.95 (1.38 3.02 45.6 2.588.74 35.41 (2. Senapati Bapat Marg.76 7.49 297.9 3 4 5 6 7 7.75 5. Tower 1.24 2. 841.932.027.5 2.332.48 305.03 18.6 1.Abridged Annual Report for 2010-2011 • BIRLA SUN LIFE MUTUAL FUND One India Bulls Centre.24 3.85 2. Mumbai .41 3.11 3.3 8 9 9.833. 2010 129.3 2.1 7.74 67.74 4.380.1 9.7 2.50 15.40 16.Annexure I Birla Sun Life Mutual Fund • 4 .040.53 2. Reserves Add / (Less): Equalisation Total Dividend appropriation Income Distributed during the year / period Tax on income distributed during the year / period Retained Surplus / (Deficit) carried forward to Balance sheet 140.833.58 1.8 2.70 348.125.19 0. 2011 1 1.152.58 27.403.932. Jupiter Mill Compound.93 1. Birla Sun Life Basic Industries Fund ABRIDGED REVENUE ACCOUNT FOR THE YEAR ENDING MARCH 31.97 25.69 (Rupees in Lakhs) Previous Year ended March 31.74 (9.4 2.1 1.4 1.400 013.91 145. Reserves Less: Balance transfer to Unrealised Appreciation Reserve.48) 1.63 0.533.23 3.73 Notes to Accounts .81 23.31) 2.95 2.46 2.65 149.1 2.93 15.22 0.02 81. 17th Floor.76 3.06 (5.

153 25.45% 1.00 5.20% 1.19 3. Tower 1.80 97.87% 1.20% 22. NET REALISED GAINS / (LOSSES) FOR THE YEAR / PERIOD 4.28 47. 3.28 47.85 0.16 10.41 10.00 10.400 013.30% 1.23 7.43% 2.93 29. 2. Birla Sun Life Mutual Fund • 5 . 2010 18. NAV per unit (Rs.e.56% 12.Growth Option Benchmark .24 23.16 8. 7.20% 24.87% 25.93 18. Management Fee as % of AAuM (plan wise) Dividend Option Growth Option Dividend Trigger Option Net Income as a percentage of AAuM3 Portfolio turnover ratio4 Total Dividend per unit distributed during the year / period (plan wise) Dividend Option Returns: a.74 13. 2011 1.21% 12.34 25. 2011 Year Current Year ended March 31.34 117. Mumbai .45% 2. 4.110 12.16 N/A 30. Senapati Bapat Marg.e.74 32. Birla Sun Life Basic Industries Fund KEY STATISTICS FOR THE YEAR ENDED MARCH 31.79 101.65 1.BSE200 b. AAuM=Average daily net assets 2.20% 1. Elphinstone Road. Last One Year Scheme .BSE200 29.45% 2.75% Previous Year ended March 31. Since Inception Scheme .98% 1. 3.15% 22.587 12. Net income = amount against (C) in the Revenue account i. 841.41 10. 17th Floor.83 99.79% 92.460 26.Abridged Annual Report for 2010-2011 • BIRLA SUN LIFE MUTUAL FUND One India Bulls Centre.45% 2.82 90. Gross income = amount against (A) in the Revenue account i. (1.Growth Option Benchmark . Income. Total Expense as % of AAuM (plan wise) Dividend Option Growth Option Dividend Trigger Option b. in Lakhs) End Average (AAuM)1 Gross income as % of AAuM2 Expense Ratio: a. 6.83 99.57)% 8.): Open Dividend Option Growth Option Dividend Trigger Option High Dividend Option Growth Option Dividend Trigger Option Low Dividend Option Growth Option Dividend Trigger Option Dividend Option End Growth Option Dividend Trigger Option Closing Assets Under Management (Rs. 8. Portfolio Turnover = Lower of sales or purchase divided by the Average AuM for the year/period. Jupiter Mill Compound.82% 110.

49 % of total Business 4.00 0. The aggregate value of investment securities purchased and sold during the financial Year 2010 is Rs. Non-Traded securities in the portfolio of the scheme as of the Year ended March 31.March 11 April 10 .530.753.772 respectively being 119.72 % of total Business 0.603.4.91 Percentage to Net Assets Amount (Rs.Appreciation .08 5.00 0.422 26.468. 2010 and their percentages to net assets are as under : Security Category Amount (Rs.00 0.918 67. 2011 and March 31.) 2010 Percentage to Net Assets 1. Mumbai .68 0.00 Business Given(Rs Cr) 0.01 148.01% 0.March 10 April 09 .6. It is confirmed that investments of the schemes are registered in the name of the Trustees for the benefit of the scheme's unitholders.00 10. 2010 are NIL. 2011 and March 31. 841.7.363.8.Depreciation 122.204 and Rs. The aggregate value of investment securities purchased and sold during the financial Year 2011 is Rs.3.02% Brokerage paid (Rs Cr) 0.1.400 013.07 0.March 10 April 09 .30 308.850 16. 1.1.056.300.) 2011 Equity Shares .411.29 1.67 360.86 949.01 0.27 Commission paid in Rs 5.88 Brokerage Paid to associates/related parties/group companies of sponsor/AMC Name of Associate Aditya Birla Money Limited Emkay Global Financial Services Limited Nature of Association Associate of the sponsor Associate of the sponsor Period Covered April 10 .420.488. Tower 1.760.07 6.519. NPAs as at the Years ended March 31.335 Amount 2010 Aggregate investments by all Schemes 2011 750.March 11 April 10 .00 6.05 % of total Commission 3.216.823.35% of the average daily net assets.1.March 11 Period Covered April 09 .099 12.65 0.02 % of total Business 0.02% Name of Associate Aditya Birla Money Limited Nature of Association Associate of the sponsor Period Covered April 09 .22 Birla Sun Life Mutual Fund • 6 . 1. Aggregate Unrealised Gain / Loss as at the Years ended March 31. 2 Details of Transaction with Associates under regulation 25(8).969.1.622.658 12.03 % of total Brokerage 6.March 10 Business Given(Rs Cr) 0. 2011 and March 31.47 0.10 Commission paid in Rs 294.March 10 April 09 . 2011 and March 31.632.01 % of total Brokerage 0.391 2010 731.March 11 April 10 .Abridged Annual Report for 2010-2011 • BIRLA SUN LIFE MUTUAL FUND One India Bulls Centre. Open Positions of derivatives as of March 31. 2010 is NIL 1. Open positions of Securities Borrowed and / or Lent by the scheme as of the Years ended March 31.02 0.2.60 % of total Business 1.95% of the average daily net assets. 1.766.84 % of total Commission 0.00 5. Senapati Bapat Marg. 2010 are as follows : Issuer Nature of Instruments 2011 Grasim Industries limited PTC India limited Equity Shares Equity Shares 15. 2010 1 Investments:- Birla Sun Life Basic Industries Fund 1.48% and 146.1.02% and 131.483.260 781.027. Elphinstone Road. 1.04 0.52 0.5.495. 2011 and March 31.March 11 Business Given(Rs Cr) 8. NOTES TO ACCOUNTS ANNEXURE I TO THE ABRIDGED BALANCE SHEET AND REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31.95 5.04% 0. Investments in Associates and Group Companies as of the Year ended March 31.01 0.17 Brokerage paid (Rs Cr) 0.68 0. 2010 are NIL.71 0.260. 2010 are NIL. Commission Paid to associates/related parties/group companies of sponsor/AMC Name of Associate Aditya Birla Money Mart Limited Aditya Birla Finance Company Limited Aditya Birla Money Limited Axis Bank Limited Name of Associate Aditya Birla Finance Limited Aditya Birla Money Limited Aditya Birla Money Mart Limited Axis Bank Limited Nature of Association Associate of the sponsor Associate of the sponsor Associate of the sponsor Associate of the AMC Nature of Association Associate of the sponsor Associate of the sponsor Associate of the sponsor Associate of the A MC Period Covered April 10 .March 11 April 10 .05 125.00 0.911 and Rs. 17th Floor.067 respectively being 125. Jupiter Mill Compound.02 14.March 10 Business Given(Rs Cr) 12.549.525 - 1. 2011 and March 31.01 0.

90 - 5 6 Prior year amounts have been re-grouped and reclassified.969.928. wherever applicable. 2011 and March 31.006.130.329.613.090 Face Value 33. Unit Capital movement during the Years ended March 31. 2010 are as under: Description Opening Units Growth Option Dividend Option Dividend Trigger Option Description Opening Units Growth Option Dividend Option Dividend Trigger Option 5.292.623 12.100.329.000.21 Closing Units 3.554.991 5.858.46 264.368.397.723.857.021 Face Value 42.Abridged Annual Report for 2010-2011 • 3 4 Birla Sun Life Basic Industries Fund None of the Investors held more than 25% of the total net assets of the scheme as at the Years ended March 31.486.900.142.885. 2011 and March 31.71 293.426.871 29.296.386.339.871 29.142.021 Subscription 372. 2011 and March 31.077.754.094. No contingent liabilities for the Years ended March 31. 2010.948.804 2010 Redemption 2.218.157.387.816 9.296.291.609 5.086.339.409. to conform to current year’s presentation.292.064 25.900.863. and have not been audited.467 11.481.472 90.321 Subscription 1.509 4.296.942 8.660.713.783 2011 Redemption 1.824.09 52.029.828 6. Birla Sun Life Mutual Fund • 7 .488 Closing Units 4.068.690.885. 2010.369.609 5. These abridged financial statements have been derived by the management from the audited financial statements.810.346 26.501.540 1.

bank details. BOOK-POST BIRLA SUN LIFE MUTUAL FUND. *Non actionable means the complaint that are incomplete / outside the scope of the mutual fund Dear investor. One India Bulls. etc Others TOTAL 16 0 8 0 0 0 0 0 0 0 0 0 1 25 565 43 61 4 16 0 0 2 1 5 12 49 146 904 # including against its authorized persons/ distributors/ employees etc. Tower 1. Mumbai . Senapati Bapat Marg. nomination. FUND. Senapati Bapat Marg. Mumbai -013 013 Birla Sun Life1-800-270-7000 / 1-800-22-7000 (MTNL/BSNL) | SMS ‘GAIN’ to 56161 | connect@birlasunlife. Tower 17th Floor. Jupiter Mill Compound. 1. 2011 Within 30 days 444 43 64 4 16 0 0 2 1 5 11 49 139 778 30-60 60-180 Beyond days days 180 days 92 0 5 0 0 0 0 0 0 0 1 0 7 105 41 0 0 0 0 0 0 0 0 0 0 0 0 41 2 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0-3 months 2 0 0 0 0 0 0 0 0 0 0 0 1 3 3-6 6-9 9-12 months months months 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IA IB IC ID II A II B II C III A III B III C III D III E IV Non receipt of Dividend on Units Interest on delayed payment of Dividend Non receipt of Redemption Proceeds Interest on delayed payment of Redemption Non receipt of Statement of Account/ Unit Certificate Discrepancy in Statement of Account Non receipt of Annual Report/ Abridged Summary Wrong switch between Schemes Unauthorized switch between Schemes Deviation from Scheme attributes Wrong or excess charges/load Non updation of changes viz. BIRLA SUN LIFE MUTUAL FUND. Elphinstone Road. 841. Elphinstone Road.com Toll Free : Mutual Fund • 8 . you may visit our Investor Service Centers or get in touch with us through below mentioned contact details . 17th Floor. Jupiter Mill Compound.400 400 One India Bulls. 2010 Birla Sun Life Asset Management Company Limited reserves the right to send Statutory Documents including the ANNUAL REPORT to your registered email id ONLY.Abridged Annual Report for 2010-2011 • Birla Sun Life Basic Industries Fund ANNEXURE 1 to the Annual Abridged Trustee Report Disclosure of investor of investor complaints with respect to Mutual Funds Redressal of Complaints received during Name of the Mutual Fund Total Number of Folios Complaint Type of complaint# code 2010-2011 Birla Sun Life Mutual Fund 2428126 Action on (a) and (b) (a) No. In case you need printed copies of any particular scheme. address. 841. of (b) No of complaints complaints pending at received the during the beginning year of the year Resolved Non Actionable* Pending as on March 31. PAN. Note: Kindly mention your folio number in all your communication with us. Please note that as per addendum released on May 20.

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