2011 March

MARCH 2011
Franklin Templeton Investments Monthly Fact Sheet
AD MATERIAL
Contents
Market Update . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 EQUITY Franklin India Bluechip Fund (FIBCF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Templeton India Growth Fund (TIGF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Franklin India Prima Plus (FIPP) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Franklin India Prima Fund (FIPF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 Franklin India Flexi Cap Fund (FIFCF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 Franklin India High Growth Companies Fund (FIHGCF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 Franklin Asian Equity Fund (FAEF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 Franklin India Opportunities Fund (FIOF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 Templeton India Equity Income Fund (TIEIF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 Franklin Build India Fund (FBIF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Franklin India Taxshield (FIT) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 Franklin India Smaller Companies Fund (FISCF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Franklin India Index Fund (FIIF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Franklin Infotech Fund (FIF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 HYBRID FT India Dynamic PE Ratio Fund of Funds (FTDPEF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 FT India Life Stage Fund of Funds (FTLF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 FT India Balanced Fund (FTIBF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20 Templeton India Pension Plan (TIPP) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 INCOME & LIQUID Templeton India Treasury Management Account (TITMA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22 Templeton India Income Builder Account (TIIBA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23 Templeton India Low Duration Fund (TILDF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23 Templeton India Income Opportunities Fund (TIIOF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 FT India Monthly Income Plan (FTIMIP) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25 Templeton India Government Securities Fund (TGSF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26 Templeton Floating Rate Income Fund (TFIF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27 Templeton India Short-Term Income Plan (TISTIP) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .28 Templeton India Ultra-short Bond Fund (TIUBF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29 Templeton India Income Fund (TIIF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30 Annexure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30 Dividend/Bonus History/Fund Managers Industry Experience . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31
www.franklintempletonindia.com Franklin Templeton Investments 3
Market Update
Equity Market Snap Shot
K. N. Sivasubramanian, CIO - Franklin Equity
GLOBAL Global equity markets managed to close a volatile quarter in the positive territory, helped by gains in the early part of the quarter amidst optimism about growth recovery in developed markets. The MSCI AC World index was up about 3.93% over the quarter despite major events such as the earth quake and nuclear crisis in Japan, and widening geopolitical tensions in the MENA region. Emerging market equities underperformed developed markets as investors focused on positive data out of US amidst rising inflation and monetary tightening concerns in the emerging markets. Japanese equities were also down sharply as the possibility of nuclear meltdown and impact of supply shutdowns weighed on businesses. Sharp increase in oil prices due to social unrest in oil-rich Middle East region, especially Libya, helped the Reuters Jefferies CRB index close up 8%. M&A activity was high during the quarter key ones being BHP Billiton/Chesapeake Energy, BP/ Reliance Industries, RockTenn/ Smurfit-Stone Container.
MSCI AC World Index FTSE Eurotop 100 Dow Jones Nasdaq S&P 500 MSCI AC Asia Pacific Quarterly change (%) 3.93 -1.40 0.23 6.41 4.83 Xetra DAX FTSE 100 KOSPI Nikkei CAC 40 Quarterly change (%) 1.84 0.15 4.85 2.14
strong FII flows into the debt markets along with continued uptrend in exports could offset the losses incurred there. Policy: As indicated in the Union Budget, the government seems to be stepping up the pace on some long pending reforms and bills. The Cabinet cleared the Constitutional Amendment Bill for introducing GST, and also passed the pension reform bill that provides statutory powers to PFRDA and allows up to 49% foreign direct investment in the sector. Other bills being pursued are Banking Amendment Bill, Insurance Laws (Amendment) Bill, 2008, Companies Amendment Bill (to strengthen corporate governance), Land Acquisition Bill, and changes to the SARFAESI Act. In line with recent moves to encourage greater capital flows and increase proportion of the relatively stable Foreign Direct Investment (FDI), the government announced certain modifications to the FDI policy. OUTLOOK Global economic growth momentum appears to have improved last quarter on the back of better data out of the developed markets. On the other hand, emerging markets are witnessing rising inflation and monetary tightening. The tensions in the MENA region have pushed up energy prices while this will have an impact on global growth, we need to keep in mind that the oil intensity of many of the leading economies has reduced compared to the past. Emerging markets, especially in the Asia region, continue to be at an advantage in terms of economic drivers (consumption and investment), high savings and low leverage in the economy and corporates. For the global economy, fiscal issues in the Euro area and the impact of withdrawal of monetary and fiscal stimulus will remain key issues. For India, economic growth remains strong even as interest rates move up (rates remain well below the 2008 peaks). Apart from supply side issues impacting food prices, lack of meaningful capacity additions might start pushing up prices, if growth continues at this rate. The upcoming state elections will weigh on policy making to some extent. After witnessing outflows in the earlier part of the year, equity markets have witnessed strong FII interest in March. Notwithstanding short term trends, we believe that large global investors remain positive about India and we will attract long term assets. The increased pace of policy making is a positive, but the government clearly needs to monitor the fiscal situation and introduce institutional reforms to tackle graft. Such reforms along with an effective policy to bolster infrastructure should help India realize its long term potential.
BSE Sensex Quarterly change (%) -5.19 -6.37 -4.90
Hang Seng
5.42
-4.63 2.72
INDIA Helped by foreign portfolio inflows and some easing in global energy prices, markets gained sharply in March and this helped domestic equity markets pare losses for the quarter. Mid and small cap stocks underperformed their large cap counterparts. All sectoral indices finished in the negative territory the sharp rally in March however helped banking and consumer durable stocks fare relatively better than broad markets. FIIs bought equities to the tune of $2.5 bln in March; this helped the 2011 ytd FII flows turn positive to $258 mln. Macro: Leading economic indicators point towards moderation in growth trends with the growth in IIP being modest at best. However, credit growth remains strong as also exports growth, which has been buoyed by uptick in the developed markets. The CSOs advance estimates peg FY11 growth at 8.6% on the back of acceleration in private consumption and improvement in fixed capital formation. Meanwhile inflation levels remained elevated on the back of renewed demand side pressures that more than offset decline in food prices. Indias Balance of Payments (BoP) recorded a surplus of $4.0 bln in the third quarter of FY11 compared to the $3.3 bln surplus in the second quarter. Current account deficit was lower due to higher invisibles (services) and trade deficit reduced (export growth picked up). On the capital account side, strong foreign capital flows into debt markets as well as higher external commercial borrowings helped. The BoP surplus may be impacted in the March quarter due to slowdown in FDI, FII outflows from the equity market and higher oil import costs. However,
www.franklintempletonindia.com
S&P CNX Nifty S&P CNX 500 CNX Midcap
BSE Smallcap
-15.45
-9.22
Templeton Equity View: The Cup Over flows

Chetan Sehgal, Director - Research
The World Cup win was probably the biggest event over the last month. Although India was amongst the favorites, the manner in which the
Franklin Templeton Investments 4
team rose to the occasion, despite the pressure was truly heartening. That the victory of Spain in the FIFA world cup last year signaled a relief in the markets is an interesting parallel and the role of sentiment should not go unnoticed. The way Indian markets rose, post the Budget, despite macroeconomic headwinds, reflects a clear change in sentiment, and a feeling that the market perceives that India is more resilient this time around. The strength in exports is heartening and it appears that India is finding its competitiveness back again in the export sector. Exports have probably benefited from increased demand in the rest of the developing world as well and competitiveness could have improved give the recent wage increases in China. If sustained, rising exports have the potential to ease the pressure due to rising oil prices. Domestic policy making ha s slowed considerably in the wake of tightening procedures by the government, after the uncovering of scams. However, from now on, one expects that policy environment would be more transparent and thus present a better environment for long term investment. Given the advancement in technology, proliferation of information, the omnipresence of media, increased scrutiny of tax havens and increased global integration, a lot of the money that had moved overseas over the years could find its way back to India. The inevitability has probably dawned on most. Hopefully that is not in the current export numbers!
greenback. As of Mar 25, 2011, Indias forex reserves stood at $303.48 bln, up $6.15 bln from December end. Liquidity/borrowings: Call money rates jumped to close at 9%+ levels on fiscal year-end pressures. Demand for liquidity under the RBIs LAF was slightly lower than previous quarter - repos averaged over ` 85,000 crores vis--vis about ` 96,000 crores last quarter. MACRO Headline inflation as represented by the Wholesale Price Inflation (WPI) rose to 8.30% as the rise in non-food manufacturing goods prices more than offset decline in food price levels. The December inflation numbers were revised upwards to 9.4% from 8.4% earlier. Consumer Price Inflation, as measured by CPI-IW index, stood at 8.80% in February, indicating slower increase in prices from the previous month when inflation stood at 9.3%. Cumulative fiscal deficit for the period Apr 2010-Feb 2011 stood at 68.6% and revenue deficit stood at 74.4%. As per latest data (ending Mar 11), commercial credit growth stood at 22.2% and deposit growth had improved to 16.6%. The former remains above RBIs projections for the current fiscal of 20%. Sectoral/ industry data indicates credit growth was led by services, infrastructure and large corporates. POLICY The monetary policy stance remained along expected lines gradual steps to increasing rates to tackle inflation without impacting growth momentum. During the quarter the central bank hiked rates twice by 25 bps each taking the repo and reverse repo rate to 6.75% and 5.75% respectively. As per the H1FY12 borrowing calendar, the borrowing calendar remains frontloaded, though the proportion of gross borrowing slated is slightly lower than usual. Separately, SEBI released final listing agreements for listing securitized debt instruments (PTCs) on exchanges. This move could provide a boost to the securitized debt issuances and increase participation in these instruments and should help broaden Indian debt markets. OUTLOOK RBIs recent policy statements continue to reflect the discomfort with inflation levels and hence, upward pressure on rates is likely to persist until there is meaningful easing of price pressures. The outlook remains cloudy due to the rise in global energy prices as well as capacity constraints and rising wage pressures RBI increased its inflation projection to 8% by end of March 2011 from 7% earlier. Policy statements also reflected cautious optimism about fiscal announcements in the Union Budget, given the potential for slippages (higher commodity prices adding to subsidy burden). The central bank has urged government to focus on quality of expenditure such that fiscal position does not exacerbate inflationary pressures. As systemic liquidity returns stabilizes in the month ahead, we could see some easing in the short-term rates, while long-term rates would be influenced by supply-demand dynamics and progress on fiscal consolidation. The yield curve could remain relatively flat due to the expected hikes in short term rates and systemic liquidity.
10 Year Gilt Call rates Exchange rate RBI Repos (Average) ` Cr 31-Dec-10 7.92 44.70/71 93,072 31-Mar-11 9.25/30% 44.59/60 78,939 7.99
Fixed Income Market Snap Shot

Santosh Kamath, CIO - Fixed Income
Global benchmark treasury yields rose on the back of expectations that the increase in inflationary pressures along with positive growth can lead to an earlier withdrawal of monetary stimulus (comments from ECB and Federal Reserve have added to these expectations). Monetary tightening in emerging markets picked up pace through a combination of rate hikes and bank reserve requirements. Concerns about the sovereign debt position of EU periphery nations intensified as Greece, Ireland and Portugal witnessed fresh credit downgrades. The US dollar depreciated against a basket of major currencies. In India, a confluence of factors (inflation, monetary tightening and tight liquidity) led to a rise in benchmark government bond yields. However, the fiscal consolidation roadmap announcement by the government helped ease pressure at the longer end of the curve (10-year paper). Global interest in Indian fixed income paper remained strong with FII inflows at $2.4 bln for 2011ytd. MARKET SCENARIO Yields: Yield on the benchmark 10-year paper rose 7 bps to 7.99%. Yields on 5-year g-sec paper increased 9 bps, however the yield on corporate paper of similar tenor was up 29 bps. Consequently, spreads over gilts expanded to 128 bps from 108 bps at end of December. Yield on the 1year paper was up 24 bps while yields on the 30-year paper declined 7 bps. As a result, spreads between 1/30 year gilts narrowed to 83 bps from 114 bps. Forex: Renewed FII interest in Indian equities in March helped the Indian rupee recoup losses incurred earlier in the quarter due to outflows and macro concerns. The rupee closed the quarter up 0.2% against the
6.60-6.70%
Franklin Templeton Investments
Franklin India Bluechip Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks steady and consistent growth by focusing on wellestablished, large size companies TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end growth scheme with an objective primarily to provide medium to long-term capital appreciation. DATE OF ALLOTMENT December 1, 1993 FUND MANAGER Anand Radhakrishnan & Anand Vasudevan LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 3798.07 crores TURNOVER Portfolio Turnover 78.03% ` 219.1105 ` 39.3025 Auto Mahindra & Mahindra Bajaj Auto Auto Ancillaries Bosch Banks ICICI Bank * Kotak Mahindra Bank * HDFC Bank * SBI Union Bank of India Cement Grasim * India Cements Construction Project L&T Consumer Non Durables Asian Paints Dabur Diversified Hindustan Unilever Ferrous Metals SAIL Tata Steel Finance Rural Electrification Bajaj Holdings and Investment Gas GAIL * Industrial Capital Goods BHEL * Crompton Greaves * Siemens Industrial Products Cummins Minerals/Mining Coal India
FIBCF
Market Value ` Lakhs % of Assets Company Name No. of shares Market Value ` Lakhs % of Assets
PORTFOLIO
Company Name No. of shares
1050000 490000 50000 1900000 3156333 520000 350000 1300000 600000 5000000 370000 275000 4000000 2600000 4200000 700000 1000000 200000 2200000 550000 3800000 350000 1300000 2200000
7335.30 7153.02 3340.08 21142.25 14419.71 12183.34 9687.65 4516.85 14767.50 4780.00 6117.03 6949.11 3842.00 7399.60 7129.50 4343.50 2541.50 1584.10 10230.00 11334.68 10372.10 3084.73 8899.15 7636.20
1.93 1.88 0.88 5.57 3.80 3.21 2.55 1.19 3.89 1.26 1.61 1.83 1.01 1.95 1.88 1.14 0.67 0.42 2.69 2.98 2.73 0.81 2.34 2.01
VOLATILITY MEASURES (3 YEARS) Standard Deviation R-squared Beta Sharpe Ratio* 8.40 0.92 0.84 0.25
Non - Ferrous Metals 7000000 Hindustan Zinc 2400000 Sterlite Oil 2500000 ONGC 1194399 Cairn Petroleum Products Reliance Industries * 1500000 BPCL 730000 Indian Oil Corporation 1200000 Pharmaceuticals 350000 Dr. Reddy's 1100000 Lupin Labs 350959 Cadila Healthcare Power NTPC 4500000 Power Grid Corporation of India 6500000 Torrent Power Ltd. 2600000 GVK Power & Infrastructure 13000000 Software 850000 Infosys * 410000 TCS Telecom - Services Bharti Airtel * 8100000 Idea Cellular 5222837 Transportation 1300000 GE Shipping Warrants Housing Development Finance Debt Holdings Rating Dr Reddy's Laboratories Total equity holdings Total Debt Holdings Other current assets Total assets LAA+
9628.50 4161.60 7252.50 4195.33 15717.00 4462.49 4011.00 5734.93 4568.85 2777.14 8685.00 6617.00 6488.30 3373.50 27512.38 4848.25 28957.50 3525.41 3416.40 2.15 Market Value (` in Lakhs) 104.86 346724.10 104.86 32978.74 379807.70
2.54 1.10 1.91 1.10 4.14 1.17 1.06 1.51 1.20 0.73 2.29 1.74 1.71 0.89 7.24 1.28 7.62 0.93 0.90 0.00 % of Assets 0.03 91.29 0.03 8.68 100.00
* Top 10 holdings
* Annualised. Risk-free rate assumed to be 7.02% (based on average of 3 month T-Bill Rate during last 3 months)
EXPENSE RATIO 1.83% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1
PORTFOLIO COMPOSITION AND PERFORMANCE

Fund Strategy
The equity exposure has decreased to 91.29% from 93.72% during the month.
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1
NAV Performance
Last 6 Mths FIBCF (G) FIBCF (D) BSE Sensex -2.42% -2.42% -3.11% Last 1 Yr 12.77% 12.77% 10.94% Last 3 Yrs* 14.20% 14.20% 7.52% Last 5 Yrs* 14.38% 14.38% 11.50% Last 7 Yrs* 22.63% 22.63% 19.48% Last 10 Yrs* 26.86% 26.86% 18.34% Since Inception* 25.67% 25.67% 10.79%
LOAD STRUCTURE Entry Load Nil Exit Load In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment
SIP - If you had invested `5000 every month in FIBCF...
`60,000 over a period of 1 year `180,000 over a period of 3 years `300,000 over a period of 5 years `420,000 over a period of 7 years `600,000 over a period of 10 years `855,000 since Jan 97# would have grown to would have grown to would have grown to would have grown to would have grown to would have grown to
63,265 259,138 457,639 870,080 2,531,894 7,921,810 10.30% 25.22% 16.94% 20.46% 27.14% 27.83% BSE Sensex 63,049 239,671 407,876 760,298 1,755,666 3,045,081 9.61% 19.56% 12.26% 16.67% 20.37% 16.32% Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. #The scheme became open end in January 1997. Load is not taken into consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
FIBCF
Sector Allocation - Total Assets
`10000 invested at Inception in FIBCF & BSE Sensex
` 525,695
` 59,068
____ FIBCF NAV is adjusted for dividend/bonus
____ BSE Sensex
Templeton India Growth Fund

As of March 31, 2011 INVESTMENT STYLE Templeton Equity Portfolio Managers adopt a long term disciplined approach to investing and use the widely known philosophy of value investing TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end growth scheme with the objective to provide long-term capital growth to its unitholders. DATE OF ALLOTMENT September 10, 1996 FUND MANAGER Dr. J. Mark Mobius LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 853.95 crores TURNOVER Portfolio Turnover 5.72% ` 119.526 ` 51.9774 Auto Maruti Suzuki * Ashok Leyland Auto Ancillaries Apollo Tyres * Banks ING Vysya Bank * ICICI Bank Federal Bank Union Bank of India Cement Grasim Consumer Non Durables EID Parry Ferrous Metals Usha Martin Tata Steel MOIL SAIL Maharashtra Seamless Fertilisers Tata Chemicals * Finance Tata Investment Corporation * 0.90# 0.91# Sundaram Finance Gas Gujarat Gas GAIL 697241 90000 2680.89 418.50 3.14 0.49 687696 543036 3508.97 2644.59 4.11 3.10 2207655 7469.60 8.75 4200000 366666 200000 250000 109011 2402.40 2275.16 789.10 424.38 355.27 2.81 2.66 0.92 0.50 0.42 700000 1500.80 1.76 70000 1722.88 2.02 1711180 280000 550000 550000 5497.17 3115.70 2303.95 1910.98 6.44 3.65 2.70 2.24 5278924 3671.49 4.30 325000 1650000 4106.54 938.85 4.81 1.10
TIGF
PORTFOLIO
Minerals/Mining Sesa Goa * Coal India Non - Ferrous Metals Hindalco * Oil ONGC * Petroleum Products Reliance Industries Pharmaceuticals Dr. Reddy's * Power Reliance Infrastructure * Software TCS Infosys MindTree Telecom - Equipment & Accessories HCL Infosystems Telecom - Services Bharti Airtel Idea Cellular Debt Holdings Dr Reddy's Laboratories Total equity holdings Total Debt Holdings Other current assets Total assets 472524 1100000 Rating LAA+ 1689.27 742.50 Market Value (` in Lakhs) 65.91 81499.97 65.91 3829.70 85395.58 1.98 0.87 % of Assets 0.08 95.44 0.08 4.48 100.00
* Top 10 holdings
1655622 122799 2932367 1240000 250000 220000 742211 170000 15000 87367 2167346
4807.93 426.24 6118.38 3597.24 2619.50 3604.81 5104.93 2010.25 485.51 343.35 2212.86
5.63 0.50 7.16 4.21 3.07 4.22 5.98 2.35 0.57 0.40 2.59
VOLATILITY MEASURES (3 YEARS) Standard Deviation Sharpe Ratio* R-squared Beta 9.53 0.18 0.90** 0.94**
**BSE Sensex #MSCI India Value * Annualised. Risk-free rate assumed to be 7.02% (based on average of 3 month T-Bill Rate "during last 3 months")

Fund Strategy
The equity exposure has increased to 95.44% from 95.31% over the month. The fund increased exposure in stocks such as ING Vysya Bank.
NAV Performance
Last 6 Mths TIGF -7.97% BSE Sensex -3.11% MSCI India Value -5.75% Last 1 Yr 4.70% 10.94% 5.17% Last 3 Yrs* 12.86% 7.52% 9.21% Last 5 Yrs* 15.26% 11.50% 14.83% Last 7 Yrs* 22.29% 19.48% 21.05% Last 10 Yrs* 26.52% 18.34% 21.14% Since Inception* 19.46% 12.64% N.A
SIP - If you had invested `5000 every month in TIGF...
`60,000 over a period of 1 year `180,000 over a period of 3 years `300,000 over a period of 5 years `420,000 over a period of 7 years `600,000 over a period of 10 years `870,000 since Inception would have grown to would have grown to would have grown to would have grown to would have grown to would have grown to
TIGF
59,810 254,180 462,393 863,593 2,424,948 5,885,457 -0.59% 23.81% 17.36% 20.25% 26.34% 23.60% BSE Sensex 63,049 239,671 407,876 760,298 1,755,877 3,140,400 9.61% 19.56% 12.26% 16.67% 20.37% 16.18% MSCI India Value 61,197 242,156 433,287 844,432 2,042,507 N.A 3.74% 20.30% 14.71% 19.62% 23.17% N.A Past performance may or may not be sustained in future. Load is not taken into consideration. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
`10000 invested at Inception in TIGF & BSE Sensex
` 133,240
` 56,611
____ TIGF NAV is adjusted for dividend
____ BSE Sensex
Franklin India Prima Plus

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks capital appreciation over the long-term by focusing on wealth creating companies (companies that generate return on capital in excess of their cost of capital) across all sectors. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end growth scheme with an objective to provide growth of capital plus regular dividend through a diversified portfolio of equities, fixed income securities and money market instruments. DATE OF ALLOTMENT September 29, 1994 FUND MANAGER Anand Radhakrishnan & R. Janakiraman LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 1744.68 crores TURNOVER Portfolio Turnover 77.43% VOLATILITY MEASURES (3 YEARS) Standard Deviation R-squared Beta Sharpe Ratio* 8.76 0.91 0.81 0.17 ` 224.0997 ` 26.9185
Auto Mahindra & Mahindra Eicher Motors Bajaj Auto Auto Ancillaries Bosch * Amara Raja Batteries Apollo Tyres Banks ICICI Bank * Kotak Mahindra Bank * HDFC Bank * Yes Bank SBI Indus Ind Bank Cement Grasim * India Cements Chemicals Pidilite Consumer Non Durables Marico Asian Paints Ferrous Metals SAIL Tata Steel Finance Crisil Bajaj Holdings and Investment Motilal Oswal Financial Services Gas GAIL Hotels Taj GVK Hotels & Resorts Industrial Capital Goods Crompton Greaves BHEL Industrial Products Cummins * Media & Entertainment IBN18 Broadcast Jagran Prakashan Television Eighteen
FIPP
No. of shares Market Value ` Lakhs % of Assets Company Name No. of shares Market Value ` Lakhs % of Assets
PORTFOLIO
Company Name
551614 130000 110000 79822 900000 1748700 1050000 1478167 190000 952962 100000 755618 320000 3115600 274379 2018000 100000 2100000 379505 58872 274925 1300000 819200 1200000 1260000 90000 660000 4707085 2800000 4367032
3853.58 1733.03 1605.78 5332.23 1702.35 1216.22 11683.88 6753.01 4451.61 2953.23 2767.90 1992.56 7876.00 2978.51 409.37 2799.98 2526.95 3564.75 2354.83 3703.55 2177.54 1673.75 3809.28 1114.20 3439.17 1854.77 4518.03 4387.00 3577.00 3386.63
2.21 0.99 0.92 3.06 0.98 0.70 6.70 3.87 2.55 1.69 1.59 1.14 4.51 1.71 0.23 1.60 1.45 2.04 1.35 2.12 1.25 0.96 2.18 0.64 1.97 1.06 2.59 2.51 2.05 1.94
DB Corp NDTV Minerals/Mining Gujarat Mineral Development Corporation Coal India Non - Ferrous Metals Hindustan Zinc Oil Cairn Petroleum Products Reliance Industries * HPCL BPCL Pharmaceuticals Dr. Reddy's Cadila Healthcare Lupin Labs Power Power Grid Corporation of India Retailing Trent Limited - Series A CCPS Trent Limited - Series B CCPS Software Infosys * TCS Wipro Telecom - Services Bharti Airtel * Idea Cellular * Transportation GE Shipping Unlisted Quantum Information Services Numero Uno Warrants Housing Development Finance Debt Holdings Dr Reddy's Laboratories Total equity holdings Total Debt Holdings Other current assets Total assets
550000 476397 2700000 700000 1349980 558353 700000 600000 300000 164777 250000 100000 1827057 15938 15938 380000 190000 400000 3900000 7000000 624403
1354.38 336.10 3663.90 2429.70 1856.90 1961.21 7334.60 2141.70 1833.90 2699.95 1978.25 415.35 1859.94 143.85 132.62 12299.65 2246.75 1913.20 13942.50 4725.00 1640.93 1.60 0.01
0.78 0.19 2.10 1.39 1.06 1.12 4.20 1.23 1.05 1.55 1.13 0.24 1.07 0.08 0.08 7.05 1.29 1.10 7.99 2.71 0.94 0.00 0.00 0.00 % of Assets 0.03 96.93 0.03 3.04 100.00
* Top 10 holdings
Rating LAA+
0.10 Market Value (` in Lakhs) 49.37 169108.78 49.37 5310.31 174468.46
* Annualised. Risk-free rate assumed to be 7.02% (based on average of 3 month T-Bill Rate "during last 3 months")

Fund Strategy
The equity exposure has decreased to 96.93% from 97.61% during the month. The fund added stocks such as Wipro Ltd. and Bharat Heavy Electricals Ltd. to the portfolio.
NAV Performance
Last 6 Mths FIPP (G) FIPP (D) S&P CNX 500 -4.23% -4.23% -6.06% Last 1 Yr 11.36% 11.36% 7.26% Last 3 Yrs* 12.13% 12.12% 6.54% Last 5 Yrs* 14.61% 14.59% 9.71% Last 7 Yrs* 23.95% 23.93% 17.93% Last 10 Yrs* 27.94% 27.92% 19.87% Since Inception* 20.72% 20.72% 9.16%
SIP - If you had invested `5000 every month in FIPP...
FIPP
62,773 250,143 443,551 868,246 2,549,121 11,236,749 8.73% 22.64% 15.66% 20.40% 27.26% 25.86% S&P CNX 500 60,810 236,510 400,058 715,948 1,750,935 4,082,692 2.53% 18.61% 11.47% 14.98% 20.32% 15.60% Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
`10000 invested at Inception in FIPP & S&P CNX 500

` 224,099
` 42,514
____ FIPP
____ S&P CNX 500
Franklin India Prima Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks aggressive growth by focusing primarily on mid and small cap companies. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end growth scheme with an objective to provide medium to longterm capital appreciation as a primary objective and income as a secondary objective. DATE OF ALLOTMENT December 1, 1993 FUND MANAGERS R. Janakiraman & K. N. Sivasubramanian LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 828.78 crores TURNOVER Portfolio Turnover 60.34% ` 267.5531 ` 41.6896
Auto Escorts Auto Ancillaries Amara Raja Batteries Exide Bosch Ceat Limited Banks Federal Bank * Yes Bank * Indus Ind Bank * Union Bank of India South India Bank Andhra Bank Oriental Bank of Commerce Corporation Bank Cement India Cements Shree Cements Ultratech Cement Century Textiles & Industries Birla Corporation Chemicals Pidilite * Construction Project Voltas Consumer Non Durables Asian Paints GSK Consumer Healthcare Godrej Consumer Products Dabur Ferrous Metals Adhunik Metaliks Usha Martin Fertilisers Tata Chemicals Finance Bajaj Holdings and Investment Crisil
FIPF
PORTFOLIO
Company Name
784061 1124529 1246998 10056 211834 1090386 1158891 1315433 547359 6995955 610000 233100 5308 1266716 46887 83512 219534 120027 2355193 733546 47280 49979 274800 744239 1956778 1360232 514701 180690 17591
1108.27 2127.05 1780.09 671.76 218.40 4567.63 3591.40 3468.80 1901.80 1598.58 920.80 901.98 33.87 1210.98 973.63 946.86 768.48 407.55 3513.95 1332.49 1194.74 1118.48 1004.12 714.84 1803.17 778.05 1741.49 1431.16 1106.62
1.34 2.57 2.15 0.81 0.26 5.51 4.33 4.19 2.29 1.93 1.11 1.09 0.04 1.46 1.17 1.14 0.93 0.49 4.24 1.61 1.44 1.35 1.21 0.86 2.18 0.94 2.10 1.73 1.34
Gas Gujarat State Petronet * Petronet LNG Hotels Taj GVK Hotels & Resorts Industrial Capital Goods Crompton Greaves * Thermax BGR Energy Systems Industrial Products Sintex Industries Finolex Cables Cummins Media & Entertainment Jagran Prakashan * IBN18 Broadcast Television Eighteen Minerals/Mining Gujarat Mineral Development Corporation Pharmaceuticals IPCA Labs * Torrent Pharmaceuticals * Cadila Healthcare FDC Lupin Labs Power Torrent Power Ltd. Software Oracle Financial Services Software Telecom - Services Bharti Airtel * Transportation GE Shipping Unlisted HIM Technoforge Total equity holdings Other current assets Total assets
2755449 596800 686353 953732 222195 143013 1415791 4012992 122801 2834333 1473226 706607
2732.03 724.22 637.28 2603.21 1338.50 682.39 2146.34 1890.12 840.63 3620.86 1373.05 547.97
3.30 0.87 0.77 3.14 1.62 0.82 2.59 2.28 1.01 4.37 1.66 0.66
1048796 951899 418066 206596 1015593 212227 675675 26444 617240 275565
1423.22 2870.93 2417.88 1634.79 1032.86 881.48 1686.15 524.68 2206.63 724.18 0.02 77476.45 5402.09 82878.53
1.72 3.46 2.92 1.97 1.25 1.06 2.03 0.63 2.66 0.87 0.00 93.48 6.52 100.00
* Top 10 holdings

Fund Strategy
The equity exposure has decreased to 93.48% from 94.84% during the month. The fund added Ultra Tech Cement Ltd. to the portfolio and exited from stocks such as Lanco Infratech Ltd. and GVK Power & Infrastructure Ltd.
NAV Performance
Last 6 Mths FIPF (G) FIPF (D) S&P CNX 500 CNX Midcap -11.14% -11.14% -6.06% -12.27% Last 1 Yr 4.33% 4.23% 7.26% 4.35% Last 3 Yrs* 8.86% 8.83% 6.54% 8.81% Last 5 Yrs* 6.32% 6.30% 9.71% 10.92% Last 7 Yrs* 20.51% 20.50% 17.93% 20.60% Last 10 Yrs* 30.85% 30.83% 19.87% N.A Since Inception* 20.87% 20.86% 10.31% N.A
LOAD STRUCTURE: Entry Load: Nil Exit Load: In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment
SIP - If you had invested `5000 every month in FIPF...
`60,000 over a period of 1 year `180,000 over a period of 3 years `300,000 over a period of 5 years `420,000 over a period of 7 years `600,000 over a period of 10 years `1,040,000 since Inception would have grown to would have grown to would have grown to would have grown to would have grown to would have grown to
58,405 253,793 406,427 704,467 2,491,892 10,913,758 -4.91% 23.70% 12.11% 14.53% 26.84% 23.56% S&P CNX 500 60,810 236,510 400,058 715,948 1,750,935 4,334,621 2.53% 18.61% 11.47% 14.98% 20.32% 14.77% Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
FIPF
`10000 invested at Inception in FIPF & S&P CNX 500
` 267,553
` 54,812
____ FIPF
____ S&P CNX 500
Franklin India Flexi Cap Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager will invest in companies based on a research driven, bottom-up stock selection process, of their market irrespective capitalization and sectors. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end diversified equity fund that seeks to provide medium to longterm capital appreciation by investing in stocks across the entire market capitalization range. DATE OF ALLOTMENT March 2, 2005 FUND MANAGERS K.N. Sivasubramanian & Anand Vasudevan LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 2061.91 crores TURNOVER Portfolio Turnover 109.85% VOLATILITY MEASURES (3 YEARS) Standard Deviation R-squared Beta Sharpe Ratio* 9.24 0.91 0.85 0.20 ` 33.0497 ` 15.1219
Auto Mahindra & Mahindra Bajaj Auto Auto Ancillaries Amara Raja Batteries Apollo Tyres Banks ICICI Bank * Federal Bank * SBI * Yes Bank Union Bank of India Cement Grasim * India Cements Construction Consolidated Construction Consortium Consumer Non Durables Asian Paints GSK Consumer Healthcare Ferrous Metals JSW Steel SAIL Tata Steel Fertilisers Deepak Fertilizers & Petrochemicals Corporation Zuari Industries Finance Bajaj Holdings and Investment Gas Gujarat State Petronet Industrial Capital Goods Crompton Greaves BHEL BGR Energy Systems Tecpro Systems
FIFCF
PORTFOLIO
613380 96615 1881161 3641015 1650810 2924750 341569 1286459 1048670 282938 1611700
4285.07 1410.39 3558.22 2532.33 18369.39 12251.78 9454.29 3986.74 3643.60 6963.81 1540.79
2.08 0.68 1.73 1.23 8.91 5.94 4.59 1.93 1.77 3.38 0.75
2470358 57904 58000 494896 1992800 284081
1247.53 1463.21 1297.98 4534.73 3382.78 1762.72
0.61 0.71 0.63 2.20 1.64 0.85
2230253 214768 328642 2759061 1577478 159500 378877 624205
3539.41 1325.01 2603.01 2735.61 4305.73 3287.06 1807.81 1751.52
1.72 0.64 1.26 1.33 2.09 1.59 0.88 0.85
Industrial Products Cummins Media & Entertainment IBN18 Broadcast * Deccan Chronicle holdings Jagran Prakashan Television Eighteen Minerals/Mining Gujarat Mineral Development Corporation Coal India Non - Ferrous Metals Sterlite * Oil ONGC Oil India Petroleum Products Indian Oil Corporation Pharmaceuticals Cadila Healthcare Power Power Grid Corporation of India * NTPC Torrent Power Ltd. National Hydroelectric Power Software Infosys * Wipro * Telecom - Services Bharti Airtel * Idea Cellular Transportation GE Shipping Warrants Housing Development Finance Total equity holdings Other current assets Total assets
803431 7045079 3671683 1592726 2172221
5499.89 6566.01 2946.53 2034.71 1684.56
2.67 3.18 1.43 0.99 0.82
1696829 300000 3959639 1833028 84000 681600 126019 5786981 1408947 909496 2424000 510314 1227883 5007512 5295130 842738
2302.60 1041.30 6866.01 5317.61 1102.79 2278.25 997.19 5891.15 2719.27 2269.65 614.48 16517.59 5872.96 17901.86 3574.21 2214.72 2.15 199255.97 6935.88 206191.86
1.12 0.51 3.33 2.58 0.53 1.10 0.48 2.86 1.32 1.10 0.30 8.01 2.85 8.68 1.73 1.07 0.00 96.64 3.36 100.00
* Top 10 holdings
Large Cap: 70.48%, Mid Cap: 18.37%, Small Cap: 7.79% (based on stocks in S&PCNX 500 index. Large Cap: Top 20%, Mid Cap: next 40% and Small Cap: last 40% (as on March 31, 2011)

Fund Strategy
The equity exposure has increased to 96.64% from 93.91% during the month. The fund added stocks such as Bharat Heavy Electricals Ltd. to the portfolio and exited from stocks such as HDFC Bank Ltd.
NAV Performance
Last 6 Mths FIFCF (G) FIFCF (D) S&P CNX 500 -5.13% -5.13% -6.06% Last 1 Yr 12.60% 12.60% 7.26% Last 3 Yrs* 13.52% 13.52% 6.54% Last 5 Yrs* 12.54% 12.54% 9.71% Since Inception* 21.72% 21.72% 16.52%
SIP - If you had invested `5000 every month in FIFCF...

`60,000 over a period of 1 year would have grown to 62,395 7.52% 60,810 2.53%
`180,000 over a period of 3 years would have grown to 260,113 25.50% 236,510 18.61%
`365,000 since inception would have grown to 625,182 17.56% 543,913 12.99%
FIFCF S&P CNX 500
Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
`10000 invested at Inception in FIFCF & S&P CNX 500
____ FIFCF ` 33,050
____ S&P CNX 500 ` 25,346
10
Franklin India High Growth Companies Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks high growth by focussing on companies/sectors with high growth rates or potential. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end diversified equity fund that seeks to achieve capital appreciation through investments in Indian companies/sectors with high growth rates or potential. DATE OF ALLOTMENT July 26, 2007 FUND MANAGER K. N. Sivasubramanian/ Anand Radhakrishnan LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 757.66 crores TURNOVER Portfolio Turnover 84.77% EXPENSE RATIO 2.15% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 ` 12.7434 ` 12.2031
Auto Escorts TVS Motor Company 1307759 1000000 1047231 2611788 1638956 609697 693912 2680135 2373908 229000 1848.52 600.00 1980.84 1816.50 6865.59 6784.40 2150.43 1368.21 3541.87 416.09 2.44 0.79 2.61 2.40 9.06 8.95 2.84 1.81 4.67 0.55
FIHGCF
No. of shares Market Value ` Lakhs % of Assets
PORTFOLIO
Company Name No. of shares Market Value ` Lakhs % of Assets Company Name
Industrial Capital Goods

Crompton Greaves * Tecpro Systems Thermax V-Guard Industries 826418 251287 50000 53426 344068 1315000 3286927 2794515 1764668 1987422 616225 100000 38016 308445 27900 375958 20000 1833718 1434392 368087 2255.71 705.11 301.20 89.78 2355.32 1993.54 3063.42 2242.60 1368.50 3446.19 1858.53 791.30 227.05 1475.29 903.05 591.01 396.82 6555.54 968.21 967.33 73247.33 2518.88 75766.21 2.98 0.93 0.40 0.12 3.11 2.63 4.04 2.96 1.81 4.55 2.45 1.04 0.30 1.95 1.19 0.78 0.52 8.65 1.28 1.28 96.68 3.32 100.00
* Top 10 holdings
Auto Ancillaries
Amara Raja Batteries Apollo Tyres
Industrial Products
Cummins * Sintex Industries
Banks
Federal Bank * ICICI Bank * Yes Bank
Media & Entertainment

IBN18 Broadcast * Deccan Chronicle holdings Television Eighteen
Cement
J K Lakshmi Cement
Chemicals
Pidilite * Godrej Industries
Non - Ferrous Metals

Sterlite *
Construction
Consolidated Construction Consortium Lancor Holdings 2922858 512500 494900 45000 21949 354639 3032505 296809 1194460 31479 1223718 1476.04 272.91 1808.36 1007.06 554.64 508.02 2794.45 2719.66 1184.31 38.20 955.72 1.95 0.36 2.39 1.33 0.73 0.67 3.69 3.59 1.56 0.05 1.26
Pharmaceuticals
IPCA Labs Cadila Healthcare Zydus Wellness
Consumer Non Durables

Godrej Consumer Products GSK Consumer Healthcare Asian Paints Globus Spirits
Software
Wipro Infosys Infinite Computer Solutions Oracle Financial Services Software
Ferrous Metals
Adhunik Metaliks * JSW Steel *
Telecom - Services
Bharti Airtel * Idea Cellular
Gas
Gujarat State Petronet Petronet LNG
Transportation
GE Shipping Total equity holdings Other current assets Total assets
Hardware
Redington India

Fund Strategy
The equity exposure has increased to 96.68% from 90.21% during the month. The fund added stocks such as Wipro Ltd. and Idea Cellular Ltd. to the portfolio and exited from stocks such as Polaris Software Lab Ltd. The fund increased exposure in stocks such as JSW Steel Ltd.
NAV Performance
Last 3 Mths FIHGCF (G) FIHGCF (D) S&P CNX 500 -6.15% -6.15% -6.37% Last 6 Mths -9.28% -9.28% -6.06% Last 1 Yr 4.22% 4.22% 7.26% `180,000 over a period of 3 years would have grown to 249,548 22.47% 236,510 18.61% Last 3 Yrs* 9.02% 9.02% 6.54% Since Inception* 6.81% 6.81% 5.12% `225,000 since inception would have grown to 300,043 15.53% 285,128 12.71%
SIP - If you had invested `5000 every month in FIHGCF

`60,000 over a period of 1 year would have grown to 59,862 -0.43% 60,810 2.53%
FIHGCF S&P CNX 500
`10000 invested at Inception in FIHGCF & S&P CNX 500
____ FIHGCF ` 12,743
____ S&P CNX 500 ` 12,020
11
Franklin Asian Equity Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks long term appreciation by focussing on Asian Companies/Sectors (excluding Japan) with long term growth potential. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation. DATE OF ALLOTMENT January 16, 2008 FUND MANAGER R. Sukumar, Roshi Jain, Murali Yerram & Rajat Malhotra (dedicated foreign securities fund manager) LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 233.02 crores EXPENSE RATIO 2.36% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 ` 11.2279 ` 11.2279
Auto Hyundai Motor Co. Ltd.(South Korea) Dongfeng Motor Group (China) Auto Components Mando Corp (South Korea) Banks China Construction Bank Corporation (Hong Kong) * Woori Finance Holdings (South Korea) * Bangkok Bank Public Co (Thailand) Union Bank of India Siam Commercial Bank (Thailand) Indus Ind Bank Industrial and Commercial Bank of China (Hong Kong) China Merchants Bank (Hong Kong) Yes Bank PT Bank Rakyat (Indonesia) Chemicals Hanwha Chemical Corp (South Korea) Construction China Overseas Land & Investment (Hong Kong) * China Resources Land (Hongkong) Hang Lung Properties (Hong Kong) GS Engineering & Construction Corp. (South Korea) Consumer Non Durables Dairy Farm International Holdings (Singapore) * NVC Lighting Holdings (China) Asian Paints Ferrous Metals Hyundai Steel Co. (South Korea) Tata Steel JSW Steel Finance Hong Kong Exchanges & Clearing (Hong Kong) * Meritz Fire & Marine Insurance (Korea) * Singapore Exchange (Singapore) Tong Yang Life Insurance (South Korea) Bursa Malaysia Bhd. (Malaysia) Gas Yingde Gases Group Co. Ltd. (HongKong) GAIL Hardware Taiwan Semiconductor Manufacturing (Taiwan) * Samsung Electronics (South Korea)
FAEF
PORTFOLIO
Company Name
6378 336000 1075
526.50 254.85 75.85
2.26 1.09 0.33
1573360 103392 236356 119995 185600 110830 779973 230000 91084 757500 7755
657.06 611.75 604.17 416.92 295.32 292.26 288.64 283.94 282.27 222.97 136.55
2.82 2.63 2.59 1.79 1.27 1.25 1.24 1.22 1.21 0.96 0.59
751600 704000 180000 5495
684.60 587.20 353.17 256.97
2.94 2.52 1.52 1.10
182670 857000 2744 4850 38103 13484
677.46 189.01 69.34 276.12 236.43 123.55
2.91 0.81 0.30 1.18 1.01 0.53
92200 169718 164000 52017 165000 604000 43500
891.04 747.86 455.24 272.87 202.28 224.91 202.28
3.82 3.21 1.95 1.17 0.87 0.97 0.87
1472590 1365
1575.92 517.33
6.76 2.22
LG Display Co. Ltd. (South Korea) Cando Corporation (Taiwan) Industrial Capital Goods PT United Tractors (South Korea) Industrial Products Cummins Media & Entertainment DB Corp Television Eighteen Minerals/Mining Fushan International Energy Group (Hong Kong) Gujarat Mineral Development Corporation Non - Ferrous Metals Korea Zinc Co. (South Korea) Oil CNOOC (Hong Kong) Petroleum Products PetroChina (Hong Kong) SK Innovation Co. Ltd (South Korea) Pharmaceuticals Mindray Medical International (China) Power China Shenhua Energy (Hong Kong) * Retailing Parkson Retail Group (Hong Kong) * Esprit Holdings (Hong Kong) CP All PCL ( Thailand ) ACE Hardware (Indonesia) Software Travelsky Technology (Hong Kong) Infosys Longtop Financial Technologies ADR (USA) Telecom - Equipment & Accessories Comba Telecom Systems Holdings Ltd.(Hong Kong) Telecom - Services Bharti Airtel * China Mobile (Hong Kong) Transportation Singapore Airport Terminal Services (Singapore) Glovis (South Korea) GZI Transport Ltd. (HongKong) Total equity holdings Other current assets Total assets
19154 694018 477478 21033 92393 144104
267.94 239.86 530.41 143.98 227.52 111.75
1.15 1.03 2.28 0.62 0.98 0.48
1384000 158833 2374 332000 650466 1634 12036 416500 1191651 214411 495100 1233500 1254000 8951 19915
443.20 215.54 385.19 373.53 441.19 140.20 137.02 875.65 730.44 438.50 291.77 161.02 545.24 289.72 276.88
1.90 0.92 1.65 1.60 1.89 0.60 0.59 3.76 3.13 1.88 1.25 0.69 2.34 1.24 1.19
296500 185251 33000
155.42 662.27 135.45
0.67 2.84 0.58
495156 2359 570000
439.49 149.65 143.67 22445.13 857.49 23302.62
1.89 0.64 0.62 96.32 3.68 100.00

* Top 10 holdings

Fund Strategy
The equity exposure has marginally reduced to 96.32% from 96.99% during the month. The fund added stocks such as Infosys Technologies Ltd., China Merchants Bank Co. Ltd., and Tata Steel Ltd. to the portfolio and exited from stocks such as Ping An Insurance (Group) Co. of China Ltd. PT Adaro Energy Tbk, MediaTek Inc., Hynix Semiconductor Inc., and Jusung Engineering Co. Ltd. The fund reduced exposure in stocks such as PetroChina Co. Ltd., and Industrial and Commercial Bank of China Ltd.
NAV Performance
Last 3 Mths FAEF 0.64% MSCI Asia (ex Japan) Standard Index 0.62% Last 6 Mths 4.61% Last 1 Yr 11.73% Last 3 Yrs* 7.81% Since Inception* 3.68%
6.60% 16.02%
6.28%
4.24%
Past performance may or may not be sustained in future. *Compounded and annualised. Load is not taken into consideration.
12
Franklin India Opportunities Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks long term capital appreciation by focusing on companies that operate in the space where India has a strong competitive advantage, companies that are globally competitive and those that are grossly undervalued or have high growth potential TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end diversified growth scheme, with an objective to generate capital appreciation by capitalizing on long - term growth opportunities in the Indian economy. DATE OF ALLOTMENT February 21, 2000 FUND MANAGER Chakri Lokapriya & Anil Prabhudas LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 413.29 crores TURNOVER Portfolio Turnover 281.78% ` 31.6798 ` 14.3086
Auto Tata Motors * Mahindra & Mahindra Bajaj Auto Banks ICICI Bank * HDFC Bank * SBI * Union Bank of India Bank of Baroda Axis Bank Yes Bank Kotak Mahindra Bank Bank of India Cement Grasim India Cements Ambuja Cements Construction Project L&T * Consumer Non Durables ITC * Titan * Asian Paints Godrej Consumer Products Tata Tea Ferrous Metals Tata Steel Jindal Steel & Power JSW Steel Finance Infrastructure Development Finance Shriram Transport Finance Mahindra & Mahindra Financial Services HDFC Rural Electrification Gas Petronet LNG GAIL Hotels Indian Hotels Company Industrial Capital Goods BHEL *
FIOF
% of Assets 2.35 2.00 1.38 7.42 3.73 3.38 2.13 1.72 0.97 0.94 0.77 0.66 1.77 1.38 0.73 4.25 3.97 2.37 1.38 0.85 0.03 1.77 1.62 1.14 1.52 1.28 1.07 1.02 0.58 0.97 0.90 0.31 3.59 Company Name No. of shares Market Value ` Lakhs 699.41 148.49 658.10 196.79 455.75 366.50 64.04 828.89 407.46 287.87 509.71 3047.75 685.69 594.79 241.01 2883.07 831.59 736.92 958.39 220.43 2.05 1.86 1.09 0.01 Market Value (` in Lakhs) 10.88 39595.74 10.88 1722.60 41329.21 % of Assets 1.69 0.36 1.59 0.48 1.10 0.89 0.15 2.01 0.99 0.70 1.23 7.37 1.66 1.44 0.58 6.98 2.01 1.78 2.32 0.53 0.00 0.00 0.00 0.00 % of Assets 0.03 95.81 0.03 4.17 100.00 * Top 10 holdings
PORTFOLIO
Company Name No. of shares 77879 118332 39117 275489 65780 50460 253847 73678 28471 125240 69755 57023 29733 595215 205876 106167 904117 25649 22586 95919 14200 118181 95766 51554 404409 66304 56569 60139 94557 331466 79624 151368 71941 Market Value ` Lakhs 971.54 826.67 571.03 3065.50 1541.19 1396.68 881.99 709.63 399.63 388.12 318.68 272.63 731.80 569.03 302.74 1755.21 1640.52 977.44 570.74 350.49 13.88 733.31 669.02 472.39 626.23 527.71 441.10 420.31 240.32 402.23 370.25 127.45 1482.60
VOLATILITY MEASURES (3 YEARS) Standard Deviation R-squared Beta Sharpe Ratio* 9.16 0.93 0.86 -0.10
Crompton Greaves 256240 24650 Thermax Industrial Products Cummins 96136 Sintex Industries 129809 Media & Entertainment 368428 Zee Entertainment Enterprises 472601 Television Eighteen Dish TV India 95443 Non - Ferrous Metals 478024 Sterlite 296230 Hindustan Zinc Hindalco 137968 Oil 175701 ONGC Petroleum Products 290871 Reliance Industries * Pharmaceuticals Cadila Healthcare 86654 Dr. Reddy's 36300 Power Power Grid Corporation of India 236744 Software Infosys * 89073 173864 Wipro TCS 62319 Telecom - Services Bharti Airtel 268081 Transportation GE Shipping 83879 Unlisted Collabera Solutions Quantum Information Services Chennai Interactive Business Services Numero Uno Rating Debt Holdings Dr Reddy's Laboratories Total equity holdings Total Debt Holdings Other current assets Total assets LAA+

Fund Strategy
The equity exposure has increased to 95.81% from 94.12% over the month. The fund added Zee Enterprises, and increased weight of ICICI Bank, India Cements, BHEL, Crompton Greaves. The fund decreased exposure to Cadila and Tata Steel.
NAV Performance
Last 6 Mths FIOF (G) FIOF (D) BSE 200 # -5.13% -5.13% -6.06% Last 1 Yr 12.60% 12.60% 7.26% Last 3 Yrs* 13.52% 13.52% 6.54% Last 5 Yrs* 12.54% 12.54% 9.71% Since Inception* 21.72% 21.72% 16.52%
ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS ` 1000/1
SIP - If you had invested `5000 every month in FIOF...
LOAD STRUCTURE Entry Load: Nil Exit Load: In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment
FIOF
60,693 227,302 373,967 708,367 1,835,644 2,107,367 2.16% 15.80% 8.76% 14.68% 21.19% 19.52% BSE 200# 61,194 239,848 408,623 738,986 1,452,322 1,561,826 3.73% 19.61% 12.33% 15.87% 16.85% 14.60% Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. The scheme was launched as an open end sector equity scheme and has been repositioned in its new form with effect from March 10, 2004. Load is not taken into consideration. #Index adjusted for the period February 21, 2000 to March 10, 2004 with the performance of ET Mindex. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
`10000 invested at Inception in FIOF & BSE 200#
` 31,679
` 7,039
____ FIOF
____ BSE 200#
13
Templeton India Equity Income Fund

As of March 31, 2011 INVESTMENT STYLE Templeton Equity Portfolio Managers adopt a long term disciplined approach of investing and use the value style of investing along with focus on stocks with attractive dividend yields, both in India and overseas. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end diversified equity fund that seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield. DATE OF ALLOTMENT May 18, 2006 FUND MANAGER Dr. J. Mark Mobius assisted by Chetan Sehgal, Vikas Chiranewal (dedicated foreign securities fund manager). LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 1137.19 crores EXPENSE RATIO 2.01% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 ` 20.8198 ` 14.7659
TIEIF
Company Name No. of shares Market Value ` Lakhs % of Assets
PORTFOLIO
Auto Ashok Leyland 1250000 Banks Union Bank of India * 1600000 450000 ICICI Bank * ING Vysya Bank 502000 Cement Grasim * 175333 JK Cements 1876794 Consumer Durables Samsung Heavy Industries 200000 (South Korea) Consumer Non Durables EID Parry 1458276 21567 Pacific Corp. (South Korea) Embotelladora Andina SA (Chile) 400000 Uni-president China Holdings (Hong Kong) 929000 Ferrous Metals 1750000 SAIL Tata Steel 450000 1841375 Usha Martin MOIL 62528 Fertilisers 2550000 Tata Chemicals * Finance 1447106 Sundaram Finance * Tata Investment Corporation * 900000 IS Yatirim Menkul Degerler AS (Turkey) 3350448 Gas Gujarat Gas 579685 GAIL 400000 Industrial Capital Goods Chongqing Machinery and Electric Company (Hong Kong) 18780000 Industrial Products Shanghai Prime Machinery 25000000 Company (Hong Kong)
711.25 5559.20 5007.38 1612.68 4315.38 2619.07
0.63 4.89 4.40 1.42 3.79 2.30
3245.07 3126.54 1732.12 688.15 211.81 2970.63 2792.25 1053.27 246.70 8627.93 7047.41 4592.25 2449.73 2228.89 1860.00
2.85 2.75 1.52 0.61 0.19 2.61 2.46 0.93 0.22 7.59 6.20 4.04 2.15 1.96 1.64
2807.93
2.47
2334.41
2.05
Minerals/Mining Sesa Goa 869523 Anglo American PLC (South Africa) 50000 Coal India 99032 Non - Ferrous Metals 2400000 Hindalco * Oil ONGC * 2400000 130000 Lukoil - ADR (Russia) * Petroleum Products Reliance Industries 240000 Power China Coal Energy (Hong Kong) 1000000 Retailing 20000 Lotte Shopping (South Korea) * Freeworld Coatings (South Africa) 4000000 GS Home Shopping (South Korea) 25000 Semiconductors United Microelectronics 13000000 Corporation (Taiwan) Novatek Microelectronics 677438 Corporation (Taiwan) Software Travelsky Technology (Hong Kong) 5556000 Telecom - Equipment & Accessories 1193129 HCL Infosystems Telecom - Services Bharti Airtel 620100 Transportation Cosco Pacific (HongKong) 2748000 Sinotrans (Hong Kong) 4208000 Total equity holdings Other current assets Total assets
2525.09 1158.96 343.74 5007.60 6962.40 3651.72 2514.72 607.23 4128.76 3016.25 1386.68
2.22 1.02 0.30 4.40 6.12 3.21 2.21 0.53 3.63 2.65 1.22
3014.97 889.27
2.65 0.78
2415.76 1218.18 2216.86 2310.96 455.60 111664.81 2055.00 113719.82
2.12 1.07 1.95 2.03 0.40 98.19 1.81 100.00

* Top 10 holdings

Fund Strategy
The equity exposure has increased to 98.19% from 96.62% over the month. The fund increased exposure in stocks such as ING Vysya Bank and Sesa Goa and reduced exposure in stocks such as Gujarat Gas.
LOAD STRUCTURE Entry Load: Nil Exit Load: In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment
NAV Performance
Last 3 Mths TIEIF (G) TIEIF (D) BSE 200 -6.85% -6.85% -6.13% Last 6 Mths -2.68% -2.68% -6.00% Last 1 Yr 12.53% 12.53% 8.15% Last 3 Yrs* 12.69% 12.72% 7.17% Since Inception* 16.25% 16.27% 11.37% `295,000 since inception would have grown to 454,986 17.71% 401,033 12.47%
SIP - If you had invested `5000 every month in TIEIF...
TIEIF BSE 200
`10000 invested at Inception in TIEIF & BSE 200
____ TIEIF ` 20,819
____ BSE 200 ` 16,900
14
Franklin Build India Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks long term capital appreciation by focusing on companies taking advantage of multiple themes infrastructure, resources, financial services, social development and agriculture. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end equity fund which seeks to achieve capital appreciation through investments in companies engaged either directly or indirectly in infrastructure-related activities. DATE OF ALLOTMENT September 4, 2009 FUND MANAGER Anand Radhakrishnan & Roshi Jain LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 89.26 crores EXPENSE RATIO 2.50% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 ` 11.8656 ` 11.3343 Auto Bajaj Auto * Mahindra & Mahindra Banks Bank of Baroda * ICICI Bank * Indus Ind Bank * HDFC Bank Cement Ultratech Cement Orient Paper & Industries Ltd. J K Lakshmi Cement Construction Simplex Infrastructure Consolidated Construction Consortium Construction Project Voltas L&T Gas GAIL Hotels Taj GVK Hotels & Resorts Industrial Capital Goods BHEL * Thermax Crompton Greaves 16800 43000 88000 346.22 259.03 240.20 3.88 2.90 2.69 129769 120.49 1.35 40000 186.00 2.08 165000 5400 299.72 89.28 3.36 1.00 25000 81.64 0.91 25500 500000 250000 289.12 278.75 127.63 3.24 3.12 1.43 52000 33500 131000 13300 500.84 372.77 345.45 311.61 5.61 4.18 3.87 3.49 25000 39000 364.95 272.45 4.09 3.05
FBIF
PORTFOLIO
Company Name
Industrial Products Cummins * Media & Entertainment Jagran Prakashan Minerals/Mining Coal India Gujarat Mineral Development Corporation Gujarat NRE Coke - Class B Non - Ferrous Metals Hindustan Zinc Oil ONGC * Petroleum Products Reliance Industries * Power 160000 80.80 0.91 Torrent Power Ltd. Jyoti Structures Power Grid Corporation of India GVK Power & Infrastructure Software Infosys * Telecom - Services Bharti Airtel * Idea Cellular Total equity holdings Other current assets Total assets 150000 220000 536.25 148.50 8392.88 533.82 8926.70 6.01 1.66 94.02 5.98 100.00
* Top 10 holdings
78000
533.95
5.98
110000
140.53
1.57
60000
208.26
2.33
100000 10000
135.70 2.96
1.52 0.03
195000
268.22
3.00
168000
487.37
5.46
48000
502.94
5.63
60000 173674 90000 350000
149.73 140.68 91.62 90.83
1.68 1.58 1.03 1.02
LOAD STRUCTURE Entry Load NIL Exit Load In respect of each purchase of Units - 1% if the Units are r e d e e m e d / sw i tc h e d -o u t within one year of allotment
12000
388.41
4.35

Fund Strategy
The equity exposure has increased to 94.02% from 93.75% over the month. The fund added Idea Cellular Ltd. to the portfolio and exited from stocks such as BPCL. The fund increased exposure in stocks such as Hindustan Zinc Ltd. and and reduced exposure in stocks such as Crompton Greaves Ltd.
NAV Performance
Last 1 Mth FBIF (G) FBIF (D) S&P CNX 500 9.54% 9.54% 8.93% Last 3 Mths Last 6 Mths Last 1 Yr 1.08% 1.08% 7.26% Since Inception* 11.51% 11.51% 12.64%
-7.73% -10.76% -7.73% -10.76% -6.37% -6.06%
Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration.
15
Franklin India Taxshield

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks steady growth by maintaining a diversified portfolio of equities across sectors and market cap ranges. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end Equity Linked Savings scheme with an objective to provide medium to long-term growth of capital along with income tax rebate. DATE OF ALLOTMENT April 10, 1999 FUND MANAGER Anand Radhakrishnan & Anil Prabhudas LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 838.71 crores TURNOVER Portfolio Turnover 93.30% ` 212.9094 ` 30.8892
FIT
PORTFOLIO
Company Name
Auto 251000 Mahindra & Mahindra 80746 Eicher Motors 65000 Bajaj Auto Auto Ancillaries Bosch 27469 505000 Amara Raja Batteries 520000 Apollo Tyres Banks ICICI Bank * 495018 689989 Kotak Mahindra Bank * HDFC Bank * 100000 SBI 51000 400000 Yes Bank 360000 Indus Ind Bank Cement Grasim * 147800 India Cements 1300000 Orient Paper & Industries Ltd. 1550000 Chemicals Pidilite 600000 Construction Simplex Infrastructure 193971 Consolidated Construction 422951 Consortium Consumer Non Durables Marico 980000 49000 Asian Paints Ferrous Metals SAIL 950000 175569 Tata Steel Finance Crisil 20750 Bajaj Holdings and Investment 110000 Gas GAIL 363971 Industrial Capital Goods Crompton Greaves * 757176 BHEL 42000 Industrial Products Cummins * 300000
1753.49 1076.42 948.87 1834.97 955.21 361.66 5508.31 3152.21 2342.95 1411.63 1239.60 949.32 3637.73 1242.80 864.13 895.20 633.41 213.59 1359.75 1238.21 1612.63 1089.41 1305.35 871.26 1692.47 2066.71 865.56 2053.65
2.09 1.28 1.13 2.19 1.14 0.43 6.57 3.76 2.79 1.68 1.48 1.13 4.34 1.48 1.03 1.07 0.76 0.25 1.62 1.48 1.92 1.30 1.56 1.04 2.02 2.46 1.03 2.45
Media & Entertainment 1004083 Jagran Prakashan 1059760 IBN18 Broadcast 28707 DB Corp Minerals/Mining Coal India 468837 Gujarat Mineral 677809 Development Corporation Non - Ferrous Metals 1560000 Hindustan Zinc * Oil 250048 Cairn Petroleum Products Reliance Industries * 406000 140000 BPCL 225000 HPCL Pharmaceuticals Dr. Reddy's 85000 125610 Cadila Healthcare 196561 Lupin Labs Power Power Grid Corporation of India 1215784 Torrent Power Ltd. 340016 Software Infosys * 181500 TCS 89000 Wipro 185000 Telecom - Services 1735000 Bharti Airtel * 1850000 Idea Cellular Transportation GE Shipping 290000 Unlisted Quantum Information Services Debt Holdings Rating Dr Reddy's Laboratories Total equity holdings Total Debt Holdings Other current assets Total assets LAA+
1282.72 987.70 70.69 1627.33 919.79 2145.78 878.29 4254.07 855.82 803.14 1392.77 993.95 816.42 1237.67 848.51 5874.70 1052.43 884.86 6202.63 1248.75 762.12 0.15 Market Value (` in Lakhs) 25.47 78316.74 25.47 5529.67 83871.88
1.53 1.18 0.08 1.94 1.10 2.56 1.05 5.07 1.02 0.96 1.66 1.19 0.97 1.48 1.01 7.00 1.25 1.06 7.40 1.49 0.91 0.00 % of Assets 0.03 93.38 0.03 6.59 100.00
* Top 10 holdings

Fund Strategy
The equity exposure has marginally decreased to 93.38% from 93.89% over the month. The fund added stocks like BHEL and Gujarat Mineral Development Corporation and exited from stocks like Exide. The fund increased exposure in stocks such as Bosch, ICICI Bank, Jagran Prakashan, Coal India and Cadila Healthcare and reduced exposure in stocks such as Kotak Mahindra Bank, SBI, Cairn and TCS.
NAV Performance
Last 6 Mths FIT (G) FIT (D) S&P CNX 500 -2.00% -2.01% -6.06% Last 1 Yr 13.91% 13.89% 7.26% Last 3 Yrs* 13.43% 13.43% 6.54% Last 5 Yrs* 12.13% 12.13% 9.71% Since Inception* 29.08% 29.08% 17.15% `720,000 since inception would have grown to 3,762,459 25.34% 2,329,889 18.23%
LOAD STRUCTURE Entry Load NIL Exit Load NIL TAX BENEFITS Investments will qualify for tax benefit under the Section 80C as per the income tax act. LOCK-IN-PERIOD All subscriptions in FIT are subject to a lock-in-period of 3 years from the date of allotment and the unit holder cannot reedem, transfer, assign or pledge the units during the period.
SIP - If you had invested `5000 every month in FIT...

FIT S&P CNX 500
`10000 invested at Inception in FIT & S&P CNX 500
` 212,909
` 66,638
____ FIT
____ S&P CNX 500
16
Franklin India Smaller Companies Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks aggressive growth by focusing on small and mid cap companies. TYPE OF SCHEME / INVESTMENT OBJECTIVE An Open End Diversified Equity Scheme which seeks to provide longterm capital appreciation by investing in mid and small cap companies. DATE OF ALLOTMENT January 13, 2006 (Launched as a closed end scheme, the scheme was converted into an open end scheme effective January 14, 2011). FUND MANAGER R. Janakiraman & K. N. Sivasubramanian LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 505.27 crores TURNOVER Portfolio Turnover EXPENSE RATIO 2.25% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 57.40% ` 14.2145 ` 13.1614
FISCF
PORTFOLIO
Auto 1607640 Ashok Leyland 233649 Escorts Auto Ancillaries Amara Raja Batteries 753601 877859 Exide 475100 Apollo Tyres Banks 10746302 South India Bank * Federal Bank * 575300 891808 Indus Ind Bank * 592928 Yes Bank * Cement J K Lakshmi Cement 2118612 Orient Paper & Industries Ltd. 1492122 643484 India Cements Chemicals 1954172 Pidilite * Construction Consolidated Construction 2534565 Consortium Sobha Developers 230619 Simplex Infrastructure 105399 Construction Project 338127 Voltas Consumer Non Durables Triveni Engineering & 519047 Industries 456248 Berger Paints India Ltd. Bajaj Corporation 48615 Engineering Services VA Tech Wabag 37430 Ferrous Metals Adhunik Metaliks 1458787 Fertilisers Zuari Industries 247425
914.75 330.26 1425.44 1253.14 330.43 2455.53 2409.93 2351.70 1837.48 1081.55 831.86 615.17 2915.62
1.81 0.65 2.82 2.48 0.65 4.86 4.77 4.65 3.64 2.14 1.65 1.22 5.77
1279.96 679.17 344.18 614.21
2.53 1.34 0.68 1.22
498.29 401.95 243.29 471.22 1344.27 1526.49
0.99 0.80 0.48 0.93 2.66 3.02
Finance Sundaram Finance Mahindra & Mahindra Financial Services ICRA Gas Gujarat State Petronet * Hotels Taj GVK Hotels & Resorts Industrial Capital Goods Crompton Greaves * Thermax BGR Energy Systems Tecpro Systems TRF Alstom Projects AIA Engineering Industrial Products Sintex Industries Cummins Media & Entertainment Jagran Prakashan * IBN18 Broadcast Television Eighteen Minerals/Mining Gujarat Mineral Development Corporation Pesticides Rallis India Pharmaceuticals IPCA Labs * FDC Pfizer Telecom - Services Bharti Airtel * Total equity holdings Other current assets Total assets
112484 43233 25000 2211989 410802 644185 141613 136760 219825 100075 69132 55178 708948 86808 1561506 1455551 1134152 989782 28620 660134 1426280 30163 547430
547.80 337.11 271.01 2193.19 381.43 1758.30 853.08 652.55 616.83 462.35 405.63 192.05 1074.77 594.24 1994.82 1356.57 879.53 1343.13 377.93 1990.96 1450.53 369.48 1957.06 48216.26 2311.23 50527.49
1.08 0.67 0.54 4.34 0.75 3.48 1.69 1.29 1.22 0.92 0.80 0.38 2.13 1.18 3.95 2.68 1.74 2.66 0.75 3.94 2.87 0.73 3.87 95.43 4.57 100.00
* Top 10 holdings

Fund Strategy
The equity exposure has increased to 95.43% from 92.33% during the month. The fund added AIA Engg to the portfolio and reduced exposure in stocks such as Adhunik Metalliks, Bharti Airtel Ltd.
LOAD STRUCTURE Entry Load NIL Exit Load 1% if the Units are r e d e e m e d / sw i tc h e d -o u t within one year of allotment.
NAV Performance
Last 6 Mths FISCF CNX Midcap -10.10% -12.27% Last 1 Yr 7.14% 4.35% Last 3 Yrs* 9.24% 8.81% Last 5 Yrs* 5.57% 10.92% Since Inception* 6.98% 13.20%
17
Franklin India Index Fund

As of March 31, 2011
INVESTMENT STYLE The fund manager follows a passive style of equity investing TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end index linked growth scheme with the objective to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with S&P CNX Nifty Index under NSE Nifty Plan, and to provide returns that, before expenses, closely correspond to the total return of common stocks as represented by the BSE Sensex under BSE Sensex Plan. DATE OF ALLOTMENT NSE Nifty Plan August 4, 2000 August 27, 2001 BSE Sensex Plan FUND MANAGERS Anil Prabhudas LATEST NAV BSE Sensex Plan Growth Plan ` 54.6662 Dividend Plan ` 54.6662 NSE Nifty Plan Growth Plan ` 45.7252 Dividend Plan ` 45.7252 FUND SIZE ` 64.87 crores BSE Sensex Plan NSE Nifty Plan ` 137.53 crores EXPENSE RATIO BSE Sensex Plan 1.00% NSE Nifty Plan 1.00% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1 LOAD STRUCTURE NIL Entry Load Exit Load 1% (if redeemed within 30 days from date of allotment)
FIIF
Market Value ` Lakhs % of Assets Company Name No. of shares Market Value ` Lakhs % of Assets Company Name No. of shares Market Value ` Lakhs % of Assets
PORTFOLIO
NSE NIFTY PLAN Reliance Industries Infosys ICICI Bank ITC HDFC L&T HDFC Bank SBI TCS Bharti Airtel Tata Motors ONGC Tata Steel Axis Bank BHEL Mahindra & Mahindra Hindustan Unilever Sterlite Hindalco Jindal Steel & Power NTPC Wipro Tata Power GAIL Bajaj Auto Dr. Reddy's Laboratories Sun Pharmaceutical Maruti Suzuki
132979 37844 90170 414084 101692 41694 27835 20256 39848 95548 25442 106061 47897 20146 12426 34671 82275 124314 102401 30577 100125 39619 12717 35158 10635 9433 29629 10386
1395.08 10.14 1226.64 8.92 1006.48 7.32 754.05 5.48 713.06 5.18 688.74 5.01 652.97 4.75 560.14 4.07 471.76 3.43 341.49 2.48 317.61 2.31 308.96 2.25 298.04 2.17 282.82 2.06 256.30 1.86 242.82 1.77 236.21 1.72 215.93 1.57 214.17 1.56 213.21 1.55 193.34 1.41 190.25 1.38 169.79 1.23 163.13 1.19 155.62 1.13 154.61 1.12 131.11 0.95 131.09 0.95
Infrastructure Development Finance Cipla Punjab National Bank Kotak Mahindra Bank Hero Honda Grasim Industries Cairn Power Grid Corporation of India Siemens Ambuja Cements HCL Tech. Sesa Goa ACC Jaiprakash Associates SAIL DLF Reliance Infrastructure BPCL Reliance Communication Reliance Power Ranbaxy Reliance Capital Total equity holdings Other current assets Total assets BSE SENSEX PLAN Reliance Industries Infosys ICICI Bank
83507 39841 10411 27510 7549 4838 33750 110729 11831 64707 18503 29724 7963 90911 46071 28529 11009 10245 52450 43095 11796 8853
129.10 0.94 128.15 0.93 126.25 0.92 125.95 0.92 119.99 0.87 118.86 0.86 118.45 0.86 112.83 0.82 104.24 0.76 95.38 0.69 88.44 0.64 86.60 0.63 85.57 0.62 84.37 0.61 78.14 0.57 76.61 0.56 75.96 0.55 62.68 0.46 56.46 0.41 56.20 0.41 52.56 0.38 51.63 0.38 13719.83 99.76 33.39 0.24 13753.22 100.00
75259 788.56 12.16 20403 660.39 10.18 47986 533.96 8.23
ITC HDFC L&T HDFC Bank SBI TCS ONGC Bharti Airtel Tata Motors Tata Steel BHEL NTPC Mahindra & Mahindra Hindustan Unilever Jindal Steel & Power Wipro Sterlite Hindalco Tata Power Bajaj Auto Maruti Suzuki Cipla Hero Honda DLF Jaiprakash Associates Reliance Infrastructure Reliance Communication Total equity holdings Other current assets Total assets
225314 54965 22847 15506 11951 24584 71232 55524 14202 26421 7149 68847 18723 45614 17607 25629 69977 56222 6969 6037 6022 21927 4179 17832 48746 6072 30031
408.83 384.15 377.72 363.30 330.79 290.71 206.64 198.50 177.17 163.94 147.33 132.87 130.80 129.82 123.00 122.58 121.34 117.31 92.71 88.13 76.09 70.40 66.30 47.65 45.09 41.76 32.34 6470.20 17.05 6487.25
6.30 5.92 5.82 5.60 5.10 4.48 3.19 3.06 2.73 2.53 2.27 2.05 2.02 2.00 1.90 1.89 1.87 1.81 1.43 1.36 1.17 1.09 1.02 0.73 0.70 0.64 0.50 99.74 0.26 100.00
PERFORMANCE
NAV Performance
Last 6 Mths FIIF - Nifty Plan S&P CNX Nifty FIIF - BSE Plan BSE Sensex -3.71% -3.25% -3.29% -3.11% Last 1 Year 11.15% 11.14% 11.29% 10.94% Last 3 Years* 6.98% 7.21% 7.68% 7.52% Last 5 Years* 11.16% 11.38% 11.39% 11.50% Since Inception* 15.33% 14.97% 19.36% 20.23% Tracking Error** 0.28% 0.23% -
`10000 invested at inception in FIIF - NSE Nifty Plan
` 45,725
Past performance may or may not be sustained in future. *Compounded and annualised ** For 1 year period.
Franklin Infotech Fund

INVESTMENT STYLE The fund manager seeks growth of capital by focusing on companies in the information technology sector TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end growth scheme with an objective to provide long-term capital appreciation by investing primarily in the information technology industry. DATE OF ALLOTMENT: FUND MANAGER: LATEST NAV Growth Plan Dividend Plan FUND SIZE TURNOVER Portfolio Turnover VOLATILITY MEASURES (3 YEARS) Standard Deviation 9.10 R-squared 0.94 Beta 0.92 Sharpe Ratio* 0.54 EXPENSE RATIO 2.41% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS LOAD STRUCTURE Entry Load Nil Exit Load In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment August 22, 1998 Anand Radhakrishnan ` 69.0796 ` 21.3927
FIF
No. of shares Market Value ` Lakhs % of Assets
PORTFOLIO
Company Name
NAV Performance
Last 6 Mths FIF (G) FIF (D) BSE IT Index 9.95% 9.95% 10.11% Last 1 Year 24.98% 24.99% 25.02% Last 3 Years* 24.09% 24.09% 22.67% Last 5 Years* 10.27% 10.28% 10.19% Since Inception* 23.14% 23.14% N.A
Infosys TCS Wipro Oracle Financial Services Software Infotech Enterprises Eclerx Services Firstsource Solutions Mphasis MindTree Mastek Intrasoft Technologies Unlisted Collabera Solutions Total equity holdings Other current assets Total assets
240000 330000 316666 24000 200000 40000 400000 10000 10000 15000 17500
7768.20 3902.25 1514.61 476.18 321.60 257.86 72.00 41.56 39.30 18.26 11.57 4.07 14427.46 843.58 15271.04
50.87 25.55 9.92 3.12 2.11 1.69 0.47 0.27 0.26 0.12 0.08 0.03 94.48 5.52 100.00
` 152.71 crores 1.27%
Fund Strategy
The equity exposure has increased to 94.48% from 93.95% during the month.
SIP - If you had invested `5000 every month in FIF...

`60,000 over a period of 1 year would have grown to FIF 67,965 25.65% BSE IT Index 68,245 26.58% `180,000 over a period of 3 years would have grown to 303,954 37.27% 299,201 36.05% `300,000 over a period of 5 years would have grown to 483,537 19.19% 475,560 18.51%
`10000 invested at Inception in FIF

` 138,177
` 5000/1 ` 1000/1
`760,000 since inception would have grown to 2,637,003 18.17% N.A N.A
Past performance may or may not be sustained in future. Load is not taken into consideration. Dividends are assumed to be reinvested and bonus is adjusted. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
NAV is adjusted for Bonus
18
FT India Dynamic PE Ratio Fund of Funds

INVESTMENT STYLE The fund managers follow a dynamic asset allocation strategy, determining the allocation to the underlying schemes based on the monthend weighted average PE ratio of the S&P CNX Nifty Index. Any change in asset allocation due to change in the market PE ratio is done in the following month. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end fund of funds which seeks to provide long-term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds. DATE OF ALLOTMENT October 31, 2003 FUND MANAGER Anand Radhakrishnan LATEST NAV Growth Plan ` 40.6395 Dividend Plan ` 34.1571 Fund Size: ` 1592.44 crores Expense Ratio: 0.75% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1 LOAD STRUCTURE Entry Load NIL Exit Load In respect of each purchase of Units -1% if redeemed within 1 year of allotment
FTDPEF

How does the scheme work?
The scheme changes its asset allocation based on the weighted average PE ratio of the NSE NIFTY Index. At higher PE levels, it reduces allocation to equities in order to minimise downside risk. Similarly at lower PE levels, it increases allocation to equities to capitalise on their upside potential. Historically, such a strategy of varying the allocation of equity and debt/money market instruments based on the PE ratio has delivered superior risk-adjusted returns over the long term, although there is no guarantee that will be repeated in the future. The equity component of the scheme is invested in Franklin India Bluechip Fund (FIBCF), an open end diversified equity scheme investing predominantly in large cap stocks and the debt/money market component is invested in Templeton India Income Fund (TIIF), an open end income scheme investing in government securities, PSU bonds and corporate debt.
NAV Performance
Last 6 Mths FTDPEF BSE Sensex Crisil Balanced Fund Index 1.69% -2.56% -0.68% Last 1 Year 8.74% 10.94% 9.37% Last 3 Years* 12.01% 7.52% 8.13% Last Since 5 Years* Inception* 13.75% 11.50% 10.59% 20.80% 20.39% 14.72%
`445,000 since inception would have grown to
SIP - If you had invested `5000 every month in FTDPEF...
`60,000 over a `180,000 over a `300,000 over a period of 1 year period of 3 years period of 5 years would have would have would have grown to grown to grown to
FTDPEF BSE Sensex
62,863 9.03% 62,990 9.44%
231,264 17.02% 238,748 19.29% 224,353 14.89%
424,932 13.92% 406,719 12.14% 396,559 11.12%
862,590 17.47% 847,964 17.02% 731,424 13.13%
FTDPEFs Investment Strategy

If weighted average PE ratio of NSE Nifty falls in this band... Upto 12 12 - 16 16 - 20 20 - 24 24 - 28 Above 28 ...the equity component will be...(%) 90 - 100 70 - 90 50 - 70 30 - 50 10 - 30 0 - 10 ...and the debt component will be ... (%) 0 - 10 10 - 30 30 - 50 50 - 70 70 - 90 90 - 100
Crisil Balanced 62,598 Fund Index 8.19%
Asset Allocation for April 2011

The weighted average PE ratio of NSE Nifty as on 31.03.2011 was PE: 22.14. Hence, the asset allocation for the scheme in April 2011 will be Franklin India Bluechip Fund Templeton India Income Fund The Applicable date is April 7, 2011 45% 55%
FT India Life Stage Fund of Funds

INVESTMENT STYLE The fund managers maintain the allocation to the underlying schemes by rebalancing the portfolio once in 6 months to the steady state levels. Moreover, based on market conditions, the portfolio managers can make a tactical allocation of 10% on either side of the steady state asset allocation. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end fund of funds which seeks to generate superior risk adjusted returns to investors in line with their chosen asset allocation. DATE OF ALLOTMENT December 1, 2003 July 9, 2004 (The 50s Plus Floating Rate Plan) FUND MANAGER Anand Radhakrishnan, Sachin Padwal-Desai & Pallab Roy EXPENSE RATIO The 20s Plan: 0.75% The 30s Plan: 0.75% The 40s Plan: 0.75% The 50s Plus Plan: 0.75% The 50s Plus Floating Rate Plan 0.75% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1 MINIMUM INVESTMENT FOR SYSTEMATIC INVESTMENT PLAN
FTLF
NAV Performance
Last 6 Mths The 20s Plan Benchmark* The 30s Plan Benchmark* -2.53% -1.94% -0.47% -0.43% -0.35% 0.54% 0.90% 1.59% 1.80% 2.63% Last 1 Year 9.47% 9.50% 8.56% 8.37% 7.31% 7.15% 6.33% 6.52% 6.49% 7.46% Last Last Since 3 Years** 5 Years** Inception** 12.62% 7.99% 11.49% 8.13% 10.93% 7.71% 9.36% 7.13% 8.69% 7.39% 12.40% 10.90% 10.75% 9.99% 10.13% 8.79% 8.81% 7.75% 9.06% 8.24% 19.60% 17.27% 15.12% 13.84% 12.22% 10.76% 9.01% 8.32% 10.44% 9.81%

How does the scheme work?
The scheme invests in a combination of Franklin Templeton Indias equity and income schemes, with a steady state allocation as shown below. The debt and equity allocation is automatically rebalanced every 6 months to revert to the steady state levels.
FTLFs Investment Strategy

Steady State Asset Allocation
Equity Debt The 20s Plan The 30s Plan The 40s Plan The 50s Plus Plan 80% 55% 35% 20% 20% 45% 65% 80%
Underlying schemes
The 40s Plan

TIIBA TFIF(LT) 10% 20% 30% 40% 0% 80%
FIBCF 50% 35% 15% 10% 10%
FIPF 15% 10% 10% 0% 0%
TIGF 15% 10% 10% 10% 10%
TIIF 10% 25% 35% 40% 0%
Benchmark* The 50s Plus Plan Benchmark* The 50s Plus Floating Rate Plan Benchmark*
The 50s Floating Rate Plan 20% 80%
Fund Size
The 20s Plan: The 30s Plan: The 40s Plan: The 50s Plus Plan: The 50s Plus Floating Rate Plan
` 12.88 crores ` 7.92 crores ` 12.92 crores ` 21.94 crores ` 144.16 crores
Load Structure
Entry Load Exit Load: 20s Plan NIL for all the plans In respect of each purchase of Units - 1% if redeemed within 1 year of allotment 30s Plan In respect of each purchase of Units 0.75% if redeemed within 1 year of allotment 40s Plan In respect of each purchase of Units 0.75% if redeemed within 1 year of allotment 50s Plus Plan and In respect of each purchase of Units 1% 50s Plus Floating if redeemed within 1 year of allotment Rate Plan
Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. *Benchmark: The 20s Plan - 65% BSE Sensex + 15% S&P CNX 500 + 20% Crisil Composite Bond Fund Index; The 30s Plan - 45% BSE Sensex + 10% S&P CNX 500 + 45% Crisil Composite Bond Fund Index; The 40s Plan - 25% BSE Sensex + 10% S&P CNX 500 + 65% Crisil Composite Bond Fund Index; The 50s Plus Plan - 20% BSE Sensex+ 80% Crisil Composite Bond Fund Index; The 50s Plus Floating Rate Plan - 20% BSE Sensex + 80% Crisil Liquid Fund Index.
Latest NAV
The 20s Plan The 30s Plan The 40s Plan The 50s Plus Plan The 50s Plus Floating Rate Plan ` 37.1678 ` 28.0881 ` 23.2931 ` 18.8232 ` 19.5098 Growth ` 31.4133 ` 24.1466 ` 14.9235 ` 12.3389 ` 12.8516 Dividend
Minimum of 12 cheques of ` 2000 or more each Minimum of 6 cheques of ` 4000 or more each
19
FT India Balanced Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks to strike an optimum balance between growth and stability, by maintaining a diversified portfolio of equities and managing interest rate movements and credit risk on the fixed income component TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end balanced scheme with an objective to provide long-term growth of capital and current income by investing in equity and equity related securities and high quality fixed income instruments. The high quality fixed income securities would include AAA rated corporate debt, PSU bonds, central and state government securities and money market instruments. DATE OF ALLOTMENT December 10, 1999 FUND MANAGERS Anand Radhakrishnan, Anil Prabhudas, Sachin Padwal-Desai & Umesh Sharma LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 269.99 crores BOND PORTFOLIO Average maturity Yield to maturity EXPENSE RATIO 2.34% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 5000/1 0.94 years 9.33%*
* pre fund expenses
FTIBF
PORTFOLIO
Company Name
` 49.3944 ` 21.1961
Auto Mahindra & Mahindra Eicher Motors Auto Ancillaries Amara Raja Batteries Banks ICICI Bank * Kotak Mahindra Bank * HDFC Bank SBI Punjab National Bank Yes Bank Indus Ind Bank Cement Grasim * India Cements Orient Paper & Industries Ltd. Consumer Non Durables Marico Asian Paints Diversified Hindustan Unilever Ferrous Metals Tata Steel SAIL Gas GAIL Hotels Taj GVK Hotels & Resorts Industrial Capital Goods BHEL Bharat Electronics Crompton Greaves Industrial Products Cummins * Media & Entertainment IBN18 Broadcast Television Eighteen Minerals/Mining Coal India Non - Ferrous Metals Sterlite
53584 15878 7494 129950 213734 33809 13817 30503 68691 78171 33189 196830 336478 566892 14540 131533 37812 100642 67957 99657 31507 25696 141329 165795 233324 137440 54382 110952
374.34 211.67 14.17 1446.02 976.44 792.13 382.44 372.18 212.87 206.14 816.86 188.17 187.59 786.56 367.42 374.34 234.62 170.84 316.00 92.53 649.31 431.37 385.76 1134.95 217.46 106.58 188.76 192.39
1.39 0.78 0.05 5.36 3.62 2.93 1.42 1.38 0.79 0.76 3.03 0.70 0.69 2.91 1.36 1.39 0.87 0.63 1.17 0.34 2.40 1.60 1.43 4.20 0.81 0.39 0.70 0.71
Oil ONGC Petroleum Products Reliance Industries * BPCL Pharmaceuticals Dr. Reddy's Torrent Pharmaceuticals Power Power Grid Corporation of India NTPC Torrent Power Ltd. GVK Power & Infrastructure Software Infosys * Wipro Patni Computer Systems Globsyn Infotech Telecom - Services Bharti Airtel * Idea Cellular Transportation GE Shipping Unlisted Globsyn Tech. Debt Holdings
130824 112799 32259 11843 6271 404803 196918 60514 414198 55978 60620 37399 46956 399404 352518 65907 Rating
379.52 1181.91 197.20 194.05 36.27 412.09 380.05 151.01 107.48 1811.87 289.95 178.49 3.04 1427.87 237.95 173.20 0.03 Market Value (` in Lakhs) 2400.75 2342.40 1378.17 596.14 593.76 292.16 249.18 191.96 3.55 18991.91 8048.07 -40.94 26999.04
1.41 4.38 0.73 0.72 0.13 1.53 1.41 0.56 0.40 6.71 1.07 0.66 0.01 5.29 0.88 0.64 0.00 % of Assets 8.89 8.68 5.10 2.21 2.20 1.08 0.92 0.71 0.01 70.34 29.81 -0.15 100.00
* Top 10 holdings
Bank of India * P1+ State Bank of Bikaner and Jaipur * P1+ Corporation Bank * P1+ Indian Railway Finance Corporation AAA Power Grid Corporation of India AAA Rural Electrification Corporation AAA AAA Power Finance Corporation P1+ State Bank of Travancore LAA+ Dr Reddy's Laboratories Total equity holdings Total debt holdings Other current assets Total assets

Fund Strategy
The equity exposure has increased to 70.34% from 69.12%, while debt allocation has decreased to 29.81% from 30.88%; during the month. In the equity portfolio, the fund added Wipro and reduced exposure in stocks such as Kotak Mahindra Bank and Hindustan Unilever. In the debt portfolio, the fund exited from debt papers of Punjab National Bank and added debt papers of State Bank of Travancore and Corporation Bank.
NAV Performance
Last 6 Mths FTIBF (G) FTIBF (D) Crisil Balanced Fund Index -2.34% -2.34% -1.10% Last 1 Yr 9.15% 9.16% 9.37% Last 3 Yrs* 9.24% 9.24% 8.13% Last 5 Yrs* 11.89% 11.90% 10.59% Since Inception* 15.16% 15.17% N.A `675,000 since inception would have grown to 2,057,546 18.58% N.A N.A
SIP - If you had invested `5000 every month in FTIBF...

FTIBF Crisil Balanced Fund Index
Sector Allocation - Equity Holdings
20
Templeton India Pension Plan

As of March 31, 2011 INVESTMENT STYLE The fund manager seeks steady capital appreciation by maintaining a diversified portfolio of equities and seeks to earn regular income on the fixed income component by managing interest rate movements and credit risk. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end tax saving scheme whose objective is to provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan. DATE OF ALLOTMENT March 31, 1997 FUND MANAGERS Anand Radhakrishnan, Anil Prabhudas, Sachin Padwal-Desai & Umesh Sharma LATEST NAV TIPP (G) TIPP (D) FUND SIZE ` 213.54 crores BOND PORTFOLIO Average maturity Yield to maturity EXPENSE RATIO 2.12% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS ` 500/1 ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 500/1 LOAD STRUCTURE Entry Load NIL Exit Load* 3%, if redeemed before the age of 58 years (subject to lock-in period) and target amount NIL, if redeemed after the age of 58 years TAX BENEFITS Investments will qualify for tax benefit under the Section 80C as per the income tax act. LOCK-IN PERIOD & MINIMUM TARGET INVESTMENT All subscriptions in TIPP are locked in for a period of 3 full financial years. Minimum target investment ` 10,000 before the age of 60 years. *Conditions Apply 0.70 years 9.40%*
* pre fund expenses
TIPP
PORTFOLIO
` 58.7186 ` 14.5054
Auto Mahindra & Mahindra Eicher Motors Auto Ancillaries Amara Raja Batteries Banks ICICI Bank * Kotak Mahindra Bank HDFC Bank SBI Punjab National Bank Yes Bank Indus Ind Bank Cement Grasim India Cements Orient Paper & Industries Ltd. Consumer Non Durables Marico Asian Paints Diversified Hindustan Unilever Ferrous Metals Tata Steel SAIL Gas GAIL Hotels Taj GVK Hotels & Resorts Industrial Capital Goods BHEL Bharat Electronics Crompton Greaves Industrial Products Cummins Media & Entertainment IBN18 Broadcast Television Eighteen Minerals/Mining Coal India Non - Ferrous Metals Sterlite
23726 6766 3352 54705 98208 14185 5812 13036 30728 33349 13784 90474 140929 201397 6552 58793 17378 42935 28023 35953 11365 10502 58182 44135 89086 46825 24730 41140
165.75 90.20 6.34 608.73 448.66 332.35 160.87 159.06 95.23 87.94 339.26 86.49 78.57 279.44 165.57 167.32 107.83 72.88 130.31 33.38 234.22 176.30 158.81 302.13 83.03 36.31 85.84 71.34
0.78 0.42 0.03 2.85 2.10 1.56 0.75 0.74 0.45 0.41 1.59 0.41 0.37 1.31 0.78 0.78 0.50 0.34 0.61 0.16 1.10 0.83 0.74 1.41 0.39 0.17 0.40 0.33
Oil 47308 ONGC Petroleum Products Reliance Industries * 46180 BPCL 13231 Pharmaceuticals 5368 Dr. Reddy's Torrent Pharmaceuticals 2673 Dr Reddy's Laboratories - Debentures 32208 Power Power Grid Corporation of India 172712 75396 NTPC 26115 Torrent Power Ltd. GVK Power & Infrastructure 174767 Software 23123 Infosys * 27553 Wipro 15440 Patni Computer Systems Telecom - Services 174743 Bharti Airtel * Idea Cellular 132296 Transportation GE Shipping 27231 Rating Debt Holdings Bank of India * P1+ A1+ State Bank of Patiala * Bank of Baroda * A1+ Trapti Trading and Investments * A1+ PR1+ Central Bank of India * P1+ Corporation Bank * P1+ Oriental Bank of Commerce AAA NABARD Power Grid Corporation of India AAA AAA EXIM HDFC AAA Total equity holdings Total debt holdings Other current assets Total assets
137.24 483.87 80.88 87.96 15.46 1.61 175.82 145.51 65.17 45.35 748.43 131.79 73.69 624.71 89.30 71.56 Market Value (` in Lakhs) 3266.02 2819.40 2342.18 2193.01 979.67 918.78 461.05 200.78 173.30 102.42 100.23 7742.50 13556.83 54.88 21354.20
0.64 2.27 0.38 0.41 0.07 0.01 0.82 0.68 0.31 0.21 3.50 0.62 0.35 2.93 0.42 0.34 % of Assets 15.29 13.20 10.97 10.27 4.59 4.30 2.16 0.94 0.81 0.48 0.47 36.26 63.49 0.26 100.00
* Top 10 holdings

Fund Strategy
The equity exposure has increased to 36.25% from 34.58% and debt allocation decreased to 63.49% from 64.06% during the month. In the debt portfolio, the fund added debt papers of Trapti Trading and Investments and exited from debt papers of State Bank of Travancore and Punjab National Bank. In the equity portfolio, the fund increased exposure in stocks such as Cummins and reduced exposure in stocks such as Kotak Mahindra Bank and Hindustan Unilever.
NAV Performance
Last 6 Mths TIPP (G) TIPP (D) Benchmark** 0.06% 0.06% -0.80% Last 1 Yr 7.15% 7.15% 6.35% `180,000 over a period of 3 years would have grown to 210,858 10.58% 212,918 11.25% Last 3 Yrs* 6.58% 6.58% 7.73% Last 5 Yrs* 8.45% 8.45% 8.76% Since Inception* 13.47% 13.47% N.A `840,000 since inception would have grown to 2,210,994 12.85% N.A N.A
SIP - If you had invested `5000 every month in TIPP...

TIPP Bechmark*
Past performance may or may not be sustained in future. Load is not taken into consideration. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. ** 40% S&P CNX 500 + 60% Crisil Composite Bond Fund Index. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month have been considered.
Sector Allocation - Equity Holdings
Composition by Assets
I Equity I Debt I Other current assets
36.26% 63.49% 0.26%
21
mfA1+ Rating by ICRA*
Templeton India Treasury Management Account

INVESTMENT STYLE The fund manager strives to strike an optimum balance between steady income and high liquidity through a judicious mix of short term debt and money market instruments. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end liquid fund which seeks to provide current income along with high liquidity. DATE OF ALLOTMENT TITMA - R Plan April 29, 1998 TITMA - I Plan June 22, 2004 TITMA - L Plan September 17, 2004 TITMA - SI Plan September 2, 2005 FUND MANAGER Pallab Roy & Sachin Padwal-Desai LATEST NAV TITMA - R Plan Growth Option ` 2403.8849 Weekly Option ` 1245.467 Daily Dividend Option ` 1512.3400 TITMA - I Plan Growth Option ` 1527.7787 Weekly Option ` 1055.7166 Daily Dividend Option ` 1000.6730 TITMA - L Plan Growth Option ` 1463.7687 Dividend Option ` 1001.4667 Daily Dividend Option ` 1000.6730 TITMA Super Insitutional Plan Growth Option ` 1457.7409 Weekly Dividend Option ` 1022.1241 Daily Dividend Option ` 1000.6730 FUND SIZE ` 1455.91 crores MATURITY & YIELD Avg Maturity YTM Fund 0.11 years 9.77%* * Pre fund expenses MODIFIED DURATION** 0.10 years
**Modified duration of floating rate securities is calculated based on the next reset date.
TITMA
Rating Market Value ` Lakhs % of Assets
PORTFOLIO
Company Name Rating Market Value ` Lakhs % of Assets Company Name
IRST Series VII
P1+(SO)
8652.61
5.94
Reliance Capital Ltd.
A1+
3913.79
2.69
Total Single Loan PTC
8652.61
5.94
Oriental Bank of Commerce
P1+
2477.73
1.70
Vijaya Bank Ltd*
PR1+
26523.29
18.22
Central Bank of India
PR1+
2449.19
1.68
Corporation Bank*
P1+
19607.96
13.47 Total Money Market Instruments 144994.95 99.59
State Bank of Hyderabad*
A1+
17344.55
11.91 Axis Bank* 20000.00 13.74
Punjab National Bank*
PR1+
15500.49
10.65 Kotak Bank* 10500.00 7.21
Andhra Bank*
PR1+
14464.11
9.93 Union Bank of India* 10000.00 6.87
UCO Bank*
P1+
11476.79
7.88 Yes Bank 7500.00 5.15
State Bank of Travancore*
A1+
9983.43
6.86 Total Bank Deposit 48000.00 32.97
Nabard
P1+
9798.66
6.73
Canara Bank
P1+
7469.46
5.13
Call, Cash & Other Current Assets#
-56056.19
-38.50
Vijaya Bank
PR1+
3985.51
2.74
Net Assets
145591.36
100.00
# Includes CBLO : 0.23%, Others (Cash/ Subscription/ Redmn/ Payable on purchase/ Recvble on sale/ Interest/ Expenses) : -38.%
* Top 10 holdings

Fund Strategy
The maturity period of the fund has increased to 0.11 years from 0.08 years during the month. The exposure to money market instruments increased to 99.59% from 80.42%, while exposure to bank deposits increased to 32.97% from 14.91% during the month.
EXPENSE RATIO TITMA-R Plan 0.85% TITMA-I Plan 0.60% TITMA L Plan 1.10% TITMA SIP Plan 0.30% MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTORS TITMA - R Plan ` 10000 /1 TITMA - I Plan ` 1 crore/1 TITMA - R & L Plan - WDP ` 25 lakh/1 TITMA - L Plan ` 10000/1 TITMA - SIP Plan ` 5 crores/1 ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS TITMA - R Plan ` 1000 /1 TITMA - I plan ` 1 lakh/1 TITMA - R & L Plan - WDP ` 1 lakh/1 TITMA - L Plan ` 1000/1 TITMA - SIP Plan ` 5 lakh/1 LOAD STRUCTURE TITMA - R Plan / I Plan / L Plan Entry Load Nil Exit Load Nil
R Plan: Regular Plan; L Plan: Liquid Plan; I Plan: Institutional Plan; WDP: Weekly Dividend Payout
NAV Performance
Last 7 Days TITMA - Regular Plan Crisil Liquid Fund Index TITMA - I Plan Crisil Liquid Fund Index TITMA - Liquid Plan Crisil Liquid Fund Index TITMA - Super Institutional Crisil Liquid Fund Index 0.17% 0.17% 0.17% 0.17% 0.16% 0.17% 0.18% 0.17% Last 15 Days** 8.18% 8.40% 8.43% 8.40% 7.92% 8.40% 8.73% 8.40% Last 1 Mth** 7.88% 8.38% 8.13% 8.38% 7.63% 8.38% 8.43% 8.38% Last 3 Mths** 7.71% 7.96% 7.96% 7.96% 7.45% 7.96% 8.27% 7.96% Last 6 Mths** 7.19% 7.43% 7.45% 7.43% 6.94% 7.43% 7.76% 7.43% Last 1 Year** 6.03% 6.21% 6.30% 6.21% 5.77% 6.21% 6.62% 6.21% Last 3 Years* 6.19% 6.22% 6.45% 6.22% 5.92% 6.22% 6.71% 6.22% Last 5 Years* 6.64% 6.51% 6.90% 6.51% 6.37% 6.51% 7.14% 6.51% Since Inception* 7.02% N.A 6.46% 6.00% 6.00% 6.08% 6.99% 6.34%
Past performance may or may not be sustained in future. *Compounded and annualised. **Annualised. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration.
Composition by Rating
I A1+/P1+/P1+(SO)/PR1+
100.00%
22
Templeton India Income Builder Account

TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end income scheme with an objective to primarily provide investors regular income under the Dividend Plan and capital appreciation under the Growth Plan. DATE OF ALLOTMENT June 23, 1997 FUND MANAGER Umesh Sharma & Sachin Padwal - Desai LATEST NAV Growth Plan Annual Dividend Plan Monthly Dividend Plan Quarterly Dividend Plan Half-yearly Dividend Plan Bonus FUND SIZE EXPENSE RATIO Plan A ` 32.0837 ` 11.3713 ` 12.1061 ` 11.8902 ` 11.5964 ` 15.5084
TIIBA
PORTFOLIO
Cholamandalam DBS Finance KAL Airways Total Corporate Debt ILSS 5 Trust 2011 Series A Total Pool PTC IRST Series VII Total Single Loan PTC Rural Electrification Corporation Power Grid Corporation of India Total PSU/PFI Bonds
LAAPR1+(SO) LAAA (SO) P1+(SO) AAA AAA
987.66 697.10 1684.76 739.11 739.11 526.68 526.68 438.24 50.97 489.21
14.74 10.41 25.15 11.03 11.03 7.86 7.86 6.54 0.76 7.30
Reliance Media Works (Guaranteed by Reliance Capital Ltd.) JM Financial Products Central Bank of India Total Money Market Instruments Call, Cash & Other Current Assets# Net Assets
Refer Annexure for PTC details
A1+ P1+ PR1+
1954.14 933.37 195.93 3083.45 175.82 6699.02
29.17 13.93 2.92 46.03 2.62 100.00
# Includes CBLO : 0.88%, Others (Cash/ Subscription/ Redmn/ Payable on purchase/ Recvble on sale/ Interest/ Expenses) : 1.74%
* Top 10 holdings
` 66.99 crores

Fund Strategy
The maturity period decreased to 0.43 years from 1.13 years during the month. The funds exposure to Corporate Debt increased to 25.15% from 21.02%, and exposure to Money Market Instruments increased to 46.03% from 45.11%, during the month.
1.60%
MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTORS >`50,00,001 (MD, QD, HD, AD, BP & GP) `25,000/1 (MD & QD) `10,000/1 Plan B (HD, AD, BP & GP) Cap on investment Plan B: `50 lakhs by an investor in each plan per application per day ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS ` 1000/1 (for all plans) LOAD STRUCTURE Entry Load Exit Load: Plan A: Plan A & Plan B: NIL
NAV Performance
Last 6 Mths TIIBA (G) TIIBA (D) Crisil Composite Bond Fund Index 2.50% 2.50% 2.42% Last 1 Yr 4.96% 4.96% 5.06% Last 3 Yrs* 6.40% 9.60% 5.94% Last 5 Yrs* 6.08% 6.69% 5.94% Since Inception* 8.83% 8.82% N.A
Maturity & Yield

Avg Maturity Yield to Maturity Modified Duration 0.43 years 10.66%* 0.37 years**
I I I I I I Corporate Debt PSU/PFI Bonds Call, Cash & Other Assets Money Market Instruments Pool PTC Single Loan PTC 25.15% 7.30% 2.62% 46.03% 11.03% 7.86%
0.50%, if redeemed within 6 months of allotment Plan B: 0.50%, if redeemed within 6 months of allotment MD- Monthly Dividend Plan, QD- Quarterly Dividend Plan, HD- Half-yearly Dividend Plan, ADAnnual Dividend Plan, BP- Bonus Plan, GPGrowth Plan.
* Pre fund expenses. **Modified duration of floating rate securities is calculated based on the next reset date.
Templeton India Low Duration Fund

TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-ended income scheme having an objective to earn regular income for investors through investments primarily in highly rated debt securities. DATE OF ALLOTMENT February 7, 2000 - Monthly & Quarterly Dividend Plan July 26, 2010 - Growth Plan FUND MANAGERS Sachin Padwal-Desai & Umesh Sharma LATEST NAV Monthly Plan Quarterly Plan Growth Plan FUND SIZE MATURITY & YIELD Average Maturity YTM Fund 0.26 years 10.88%* * Pre-fund expenses MODIFIED DURATION 0.24 years** **Modified duration of floating rate securities is calculated based on the next reset date. EXPENSE RATIO 0.65% MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTORS ` 10.2974 ` 10.2708 ` 10.4906 ` 114.35 crores
TILDF
% of Assets Company Name Rating Market Value ` Lakhs % of Assets
PORTFOLIO
Company Name Rating Market Value ` Lakhs
KAL Airways* Total Corporate Debt ILSS 6 Trust 2010 ILSS 7 Trust 2010 Series A3 ILSS 2 Trust 2010 ILSS 1 Trust 2011 Series A1 Total Pool PTC Vodafone Essar Limited* Reliance Media Works (Guaranteed by Reliance Capital Ltd.)*
PR1+(SO) LAAA (SO) AAA (SO) LAAA (SO) A1+(SO) P1+ A1+
1593.38 1593.38 552.77 297.84 143.04 63.46 1057.11 2491.55 1465.61
13.93 13.93 4.83 2.60 1.25 0.55 9.24 21.79 12.82
Tata Teleservices Ltd* Reliance Capital Ltd.* State Bank of Hyderabad* Reliance Media Works Ltd* IDBI Bank* Vijaya Bank Ltd Total Money Market Instruments Call, Cash & Other Current Assets# Net Assets
PR1+ A1+ P1+ A1+(SO) P1+ PR1+
1375.13 978.45 864.35 472.89 248.43 197.94 8094.33 691.15 11435.96
12.02 8.56 7.56 4.14 2.17 1.73 70.78 6.04 100.00

* Top 10 holdings

Fund Strategy
The maturity period of the fund has increased to 0.26 years from 0.22 years, during the month. The exposure to Money Market Instruments decreased to 70.78% from 78.81% during the month.
` 25000/1 - Monthly & Quarterly Dividend Plan ` 10000/1 - Growth Plan ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS ` 5000/1 - Monthly & Quarterly Dividend Plan ` 1000/1 - Growth Plan LOAD STRUCTURE
NAV Performance
Last 6 Mths Last Last 1 Year 3 Years* Last Since 5 Years* Inception*
Entry Load Exit Load
NIL In respect of each purchase of Units 0.50% if the Units are redeemed/ switched-out within 3 months of allotment.
TILDF - Growth 3.82% N.A N.A N.A 4.91%** Crisil Short-Term Bond Fund Index # 2.22% N.A N.A N.A 4.36%** TILDF - Monthly 3.82% 6.28% 6.62% 6.49% 6.95% TILDF - Quarterly 3.82% 6.28% 6.62% 6.50% 6.96% Crisil Short-Term Bond Fund Index # 2.22% 6.64% 6.98% 7.50% N.A Past performance may or may not be sustained in future. *Compounded and annualised. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. #Index adjusted for the period April 1, 2002 to November 29, 2010 with the performance of Crisil MIP Blended Index. **Absolute
I I I I
Corporate Debt Pool PTC Call, Cash & Other Assets Money Market Instruments
13.93% 9.24% 6.04% 70.78%
23
Templeton India Income Opportunities Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager strives to generate higher yields with relatively lower to medium interest rate risk. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end income fund which seeks to provide regular income and capital appreciation by investing in fixed income securities across the yield curve. DATE OF ALLOTMENT December 11, 2009 FUND MANAGER Umesh Sharma & Sachin Padwal - Desai LATEST NAV Growth Plan Dividend Plan FUND SIZE ` 4177.03 crores MATURITY & YIELD Avg Maturity 0.94 years Fund * Pre fund expenses MODIFIED DURATION 0.75 years** **Modified duration of floating rate securities is calculated based on the next reset date. EXPENSE RATIO 1.55% MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTORS ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS ` 1000/1 CAP ON INVESTMENT YTM 10.47%* ` 10.9683 ` 10.4129 Cholamandalam DBS Finance* Tata Motor Finance* Tube Investments* Lands End Properties Bahadur Chand Investments Private Limited Kotak Mahindra Prime KAL Airways Reliance Capital Cholamandalam DBS Finance Gitanjali Trading and Investments Pvt Ltd. Trent Limited Gitanjali Trading and Investments Hero Motors ICICI Securities Reliance Capital ECL Finance Mahindra & Mahindra Financial Services Total Corporate Debt IRST Series III ILSS 2 Trust 2011 ILSS 1 Trust 2011 Series A3 ILSS 5 Trust 2011 Series A ILSS 3 Trust 2011 ILSS 7 Trust 2010 Series A4 ILSS 4 Trust 2011 ILSS 6 Trust 2010 ILSS 5 Trust 2010 ILSS 5 Trust 2011 Series IO Total Pool PTC CLSS 5 Trust 2011 CLSS 10 Trust 2011 A+ (SO) A+ (SO) AAA (SO) AAA LAAA (SO) LAAA (SO) LAAA (SO) AAA (SO) LAAA (SO) LAAA (SO) LAAA (SO) LAAA (SO) LAAAAAA AA+(SO) AA LAA PR1+(SO) AAA (ind) LAA AAA(SO) AA AAA(SO) AA (SO) AAA AAA AAAA+
TIIOF
PORTFOLIO
18262.56 15812.16 15564.96 13618.67 10022.87 9751.15 7668.13 6117.85 5217.17 4964.39 4520.98 3477.85 3078.49 2468.31 990.75 971.09 922.19 123429.55 18469.15 14312.20 9241.23 8130.18 7041.47 4954.69 4254.51 1842.56 1459.17 63.94 69769.09 15447.47 15331.49
4.37 3.79 3.73 3.26 2.40 2.33 1.84 1.46 1.25 1.19 1.08 0.83 0.74 0.59 0.24 0.23 0.22 29.55 4.42 3.43 2.21 1.95 1.69 1.19 1.02 0.44 0.35 0.02 16.70 3.70 3.67
IRS Trust Series IV CLSS 6 Trust 2011 CLSS 15 Trust 2011 CLSS 9 Trust 2010 CLSS 7 Trust 2010 Series A3 PIIL Loan Participation Trust Series 77 2B CLSS 2 Trust 2011 Series A CLSS 5 Trust 2010 CLSS 8 Trust 2010 Series A CLSS 8 Trust 2010 Series B CLSS 2 Trust 2011 Series B Total Single Loan PTC Axis Bank Ltd** Total Other PTC Reliance Capital Ltd.* Vodafone Essar Ltd Vodafone Essar Limited JM Financial Products Fullerton India Credit Company Ltd Reliance Media Works Ltd Bank of India Reliance Media Works (Guaranteed by Reliance Capital Ltd.) State Bank of Hyderabad Tata Teleservices Ltd Canara Bank Punjab National Bank Trapti Trading and Investments Corporation Bank United Bank of India Total Money Market Instruments Call, Cash & Other Current Assets# Net Assets
P1+(SO) A+ (SO) AALAA- (SO) AAAAA (SO) AAA+ (SO) AAAAAAAAA (SO) A1+ P1+ P1+ P1+ A1+ A1+(SO) P1+ A1+ A1+ P1+ P1+ PR1+ A1+ P1+ PR1+
14648.19 10298.31 7946.02 6519.23 5980.62 5001.87 4932.05 4543.14 4279.35 4279.35 1479.62 100686.70 795.98 795.98 33353.98 14084.43 11882.76 11673.60 9528.92 8984.84 7439.83 4885.36 4674.84 2908.79 2306.39 2296.40 2292.69 922.77 799.20 118034.78 4987.76 417703.86
3.51 2.47 1.90 1.56 1.43 1.20 1.18 1.09 1.02 1.02 0.35 24.10 0.19 0.19 7.99 3.37 2.84 2.79 2.28 2.15 1.78 1.17 1.12 0.70 0.55 0.55 0.55 0.22 0.19 28.26 1.19 100.00
` 5000/1
` 5 crores by an investor in each plan per application per day LOAD STRUCTURE Entry Load NIL Exit Load 3% if redeemed within 6 months from the date of allotment, 2% if redeemed after 6 months but within 12 months from the date of allotment, 1% if redeemed after 12 months but within 18 months from the date of allotment.
* Top 10 holdings

Fund Strategy
The maturity period of the fund decreased to 0.94 years from 1.31 years during the month. Exposure to corporate debt decreased to 29.55% from 30.72%, while exposure to Money Market Instruments increased to 28.26% from 20.42%, during the month.
NAV Performance
Last 1 Mth TIIOF Crisil Short-Term Bond Fund Index 1.03% 0.86% Last 3 Mths 1.76% 1.64% Last 6 Mths 2.55% 2.76% Last 1 Yr 6.29% 5.12% Since Inception 7.36% 5.07%
I I I I
Corporate Debt Pool PTC Single Loan PTC Other PTC
29.55% 16.70% 24.10% 0.19%
I Money Market Instruments I Other Assets
I A1+/A1+(SO)/AA (SO)/AAA/AAA (IND)/AAA (SO)/

28.26% 1.19% AAA(SO)/LAAA (SO)/P1+/P1+(SO)/PR1+/PR1+(SO)
I AA/AA-/AA+/AA+(SO)/LAA/LAA-/LAA- (SO) I A+ (SO)
57.94% 31.14% 10.92%
24
FT India Monthly Income Plan

@An open end income scheme. Income is not assured, and is subject to the availability of distributable surplus
As of March 31, 2011 INVESTMENT STYLE The fund manager strives to earn regular income (with no assured returns) in the fixed income market by actively managing the funds portfolio on interest rate movements and credit risks, while seeking to enhance the returns with a marginal equity allocation. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end income fund which seeks to provide regular income through a portfolio of predominantly high quality fixed income securities with a maximum exposure of 20% to equities. DATE OF ALLOTMENT September 28, 2000 FUND MANAGERS Anand Radhakrishnan, Anil Prabhudas, Sachin Padwal-Desai & Umesh Sharma LATEST NAV Growth Plan Monthly Plan Quarterly Plan Bonus FUND SIZE ` 424.20 crores MODIFIED DURATION# 0.48 years**
# based on debt portfolios only **Modified duration of floating rate securities is calculated based on the next reset date.
FTIMIP
Market Value ` Lakhs % of Assets Company Name Rating Market Value ` Lakhs % of Assets
PORTFOLIO
` 27.9249 ` 11.5533 ` 11.5104 ` 11.5780
EXPENSE RATIO 2.04% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS Plan A Plan B
Amara Raja Batteries Ltd. Asian Paints Ltd. Bharat Electronics Ltd. Bharat Heavy Electricals Ltd. Bharat Petroleum Corp. Ltd. Bharti Airtel Ltd. Coal India Ltd. Crompton Greaves Ltd. Cummins India Ltd. Dr. Reddy's Laboratories Ltd. Eicher Motors GAIL India Ltd. Grasim Industries Ltd. Great Eastern Shipping Co. Ltd. GVK Power & Infrastructure Ltd. HDFC Bank Ltd. Hindustan Unilever Ltd. IBN18 Broadcast Ltd. ICICI Bank Ltd. Idea Cellular Ltd. India Cements Ltd. IndusInd Bank Ltd. Infosys Technologies Ltd. Kotak Mahindra Bank Ltd. Mahindra & Mahindra Ltd. Marico Ltd. NTPC Ltd. Oil & Natural Gas Corp. Ltd. Orient Paper & Industries Ltd. Patni Computer Systems Ltd. Power Grid Corp. of India Ltd. Punjab National Bank Ltd. Reliance Industries Ltd. State Bank of India Steel Authority of India Ltd. Sterlite Industries (India) Ltd. Taj GVK Hotels & Resorts Ltd. Tata Steel Ltd. Television Eighteen India Ltd. Torrent Pharmaceuticals Ltd. Torrent Power Ltd. Wipro Ltd. Yes Bank Ltd. Total equity holdings
3486 6967 9372 12338 15377 197639 24912 67012 46000 5636 7645 32098 15484 31236 197526 15806 61196 99662 61778 150324 92815 36803 20101 100744 25233 210776 84206 67900 161416 17786 190803 14792 50409 6544 47382 66436 36981 17830 74685 3024 29236 27771 31954
6.59 176.05 157.33 254.27 94.00 706.56 86.47 182.91 314.89 92.35 101.92 149.26 381.10 82.09 51.26 370.33 174.16 92.88 687.43 101.47 88.73 97.05 650.62 460.25 176.28 292.45 162.52 196.98 89.99 84.88 194.24 180.48 528.19 181.13 80.43 115.20 34.34 110.64 57.92 17.49 72.96 132.83 99.03 8367.93
0.02 0.42 0.37 0.60 0.22 1.67 0.20 0.43 0.74 0.22 0.24 0.35 0.90 0.19 0.12 0.87 0.41 0.22 1.62 0.24 0.21 0.23 1.53 1.08 0.42 0.69 0.38 0.46 0.21 0.20 0.46 0.43 1.25 0.43 0.19 0.27 0.08 0.26 0.14 0.04 0.17 0.31 0.23 19.73
ICICI Bank* LIC Housing Finance* Tata Steel HDFC IDFC Dr. Reddy's Laboratories Ltd. NCD Total Corporate Debt ILSS 3 Trust 2011 LST Trust Series XVII Total Pool PTC Nabard BPCL Indian Oil Corporation Power Finance Corporation EXIM Bank Rural Electrification Corporation Total PSU/PFI Bonds State Bank of Bikaner and Jaipur* Bank of India* State Bank of Patiala* State Bank of Patiala* Canara Bank* Oriental Bank of Commerce* Trapti Trading and Investments* Vijaya Bank* Central Bank of India State Bank of Travancore Total Money Market Instruments Call, Cash & Other Current Assets# Net Assets
LAAA AAA AA (ind) AAA LAA+ LAA+ LAAA (SO) AAA (SO) AAA AAA AAA AAA AAA AAA P1+ P1+ A1+ P1+ P1+ P1+ A1+ PR1+ PR1+ P1+
2995.99 1034.43 1000.08 149.46 50.20 1.69 5231.84 367.38 14.06 381.44 885.08 488.91 486.26 350.25 303.37 48.69 2562.56 4810.69 4652.55 4229.10 2417.81 2394.39 2342.63 2193.01 1495.87 979.67 191.96 25707.67 168.56 42420.01
7.06 2.44 2.36 0.35 0.12 0.00 12.33 0.87 0.03 0.90 2.09 1.15 1.15 0.83 0.72 0.11 6.04 11.34 10.97 9.97 5.70 5.64 5.52 5.17 3.53 2.31 0.45 60.60 0.40 100.00
* Top 10 holdings
`40,000/1 (MD&QD) `20,000/1 (BP & GP) `25,000/1 (MD & QD) `10,000/1 (BP & GP)

Fund Strategy
The equity allocation in the portfolio has marginally increased to 19.73% from 17.48% during the month. In the debt portion, the allocation to corporate debt has decreased to 12.33% from 13.16% and exposure to Money Market Instruments has increased to 60.60% from 57.12%, while exposure to PSU/PFI bonds decreased to 6.04% from 10.59% during the month.
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1 (for all plans) LOAD STRUCTURE Entry Load Plan A Plan B NIL NIL Exit Load Plans A & B: In respect of each purchase of Units - 1% if the Units are redeemed/ switched-out within one year of allotment
MD- Monthly Dividend Plan, QD- Quarterly Dividend Plan, BP- Bonus Plan, GP- Growth Plan.
NAV Performance
Last 6 Mths Last 1 Yr Last 3 Yrs* Last Since 5 Yrs* Inception* 10.26% N.A Fund
#
Average maturity# 0.53 years
Yield to maturity# 9.47%*

* Pre fund expenses
FTIMIP 1.18% 4.75% 6.83% 7.68% Crisil MIP Blended Index 1.65% 6.17% 6.83% 7.41%
based on debt portfolios only
I A1+/AAA/AAA (SO)/LAAA/LAAA (SO)/

P1+/PR1+ 97.52% 2.48%
I AA (ind)/LAA+
I I I I
Total Equity Holdings 19.73% Corporate Debt 12.33% PSU/PFI Bonds 6.04% Call, Cash & Other Assets 0.40%
I Pool PTC I Money Market

Instruments
0.90% 60.60%
25
Templeton India Government Securities Fund

INVESTMENT STYLE The Fund Managers strive to enhance portfolio returns by actively managing the portfolio duration and market volatility TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end dedicated Gilts scheme with the primary objective to generate credit riskfree return through investments in sovereign securities issued by the Central Government and/or State Government and/or any security unconditionally guaranteed by the Central Government and/or State Government for repayment of Principal and Interest. DATE OF ALLOTMENT TGSF - CP June 21, 1999 February 11, 2002 TGSF - TP May 7, 2004 TGSF - PF Plan December 7, 2001 TGSF - LT FUND MANAGERS Sachin Padwal - Desai & Umesh Sharma LATEST NAV TGSF - CP Growth Plan ` 33.4331 Dividend Plan ` 10.2630 TGSF - LT ` 23.3403 Growth Plan Dividend Plan ` 10.2762 ` 10.3876 Bonus Plan TGSF - PF Plan Growth Plan ` 14.6847 Dividend Plan ` 14.6847 TGSF - TP ` 16.9683 Growth Plan ` 10.5650 Dividend Plan FUND SIZE TGSF - CP ` 69.42 crores TGSF - PF Plan ` 33.34 crores TGSF - TP ` 89.33 crores ` 56.48 crores TGSF - LT EXPENSE RATIO TGSF - CP / TGSF-PF Plan 1.57% TGSF-LT 1.55% TGSF-TP 1.20% MINIMUM INVESTMENT FOR NEW / EXISTING INVESTORS TGSF - CP/LT ` 10,000/1 (G) ` 25,000/1 (D) TGSF (TP) ` 5000 /1 TGSF-PF Plan ` 25,000/1 ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS TGSF - CP/LT ` 1000/1 TGSF - TP ` 5000 /1 TGSF - PF Plan ` 5000/1 LOAD STRUCTURE TGSF-CP/PF Entry Load NIL Exit Load In respect of each purchase of Units 0.50% if the Units are redeemed/ switched-out within 3 months of allotment TGSF-TP/LT Entry Load NIL Exit Load NIL
TGSF
PORTFOLIO
Composite Plan/PF Plan
Long Term
GOI 08.08% 2022
SOV
999.48
9.72
GOI 08.08% 2022
SOV
1499.21
26.54
Total Gilts
999.48
9.72
Total Gilts
1499.21
26.54
9278.29
90.28
4149.41
73.46
Net Assets
10277.77
100.00
Net Assets
5648.62
100.00
# Includes CBLO : 96.8%, Others (Cash/ Subscription/ Redmn/ Payable on purchase/ Recvble on sale/ Interest/ Expenses) : -6.5%
Company Name
Rating
Market Value (` Lakhs)
% of Assets
Treasury Plan 364 DTB Total Gilts Call, Cash & Other Current Assets# Net Assets
SOV
4915.45 4915.45 4018.29 8933.74
55.02 55.02 44.98 100.00

Fund Strategy
The maturity period of treasury plan has decreased to 0.14 years from 0.21 years, during the month. The maturity period of long term plan has decreased to 3.01 years from 3.19 years and the maturity period of composite plan has increased to 1.11 years from 0.87 years during the month.
NAV Performance
Last 6 Mths TGSF - CP (G) TGSF - CP (D) I-Sec Composite Index TGSF - PF Plan I-Sec Composite Index TGSF - TP (G) TGSF - TP (D) I-Sec Si-BEX TGSF - LT Plan I Sec Libex 2.60% 2.60% 3.54% 2.60% 3.54% 2.57% 2.57% 3.09% 2.45% 3.88% Last 1 Yr 2.43% 2.43% 6.41% 2.43% 6.41% 3.87% 3.87% 4.90% 2.27% 7.41% Last 3 Yrs* 8.06% 8.06% 7.83% 8.06% 7.83% 4.41% 4.41% 7.72% 8.83% 8.38% Last 5 Yrs* 7.57% 7.57% 7.65% 7.58% 7.65% 4.97% 4.97% 7.60% 8.30% 8.01% Since Inception* 10.79% 10.54% N.A 5.73% 5.99% 5.96% 5.97% N.A 9.52% N.A
Average maturity TGSF - CP/PF Plan Fund TGSF - LT Fund TGSF - TP Fund 3.01 years 1.11 years
Yield to maturity
Modified duration**
7.81%*
0.70 years
7.82%*
1.92 years
0.14 years 7.23%* 0.13 years
I SOV
100.00%
*Prefund Expenses **Modified duration of floating rate securities is calculated based on the next reset date.
26
Templeton Floating Rate Income Fund

As of March 31, 2011 INVESTMENT STYLE The fund managers strive to minimise the risk arising from interest rate fluctuations TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end income plan with the primary objective to provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns, and also fixed rate instrument and money market instruments. DATE OF ALLOTMENT Retail Option Feb. 11, 2002 Institutional Option Sep. 6, 2005 Sup. Institutional Option May. 9, 2007 FUND MANAGER Pallab Roy & Sachin Padwal-Desai LATEST NAV Retail Plan Growth Option Dividend Option Institutional Plan Growth Option Dividend Option Super Institutional Plan Growth Option Daily Dividend Option FUND SIZE ` 1204.55 crores AVERAGE MATURITY YIELD TO MATURITY 9.86% (Pre-fund expenses) MODIFIED DURATION 0.14 years** **Modified duration of floating rate securities is calculated based on the next reset date. EXPENSE RATIO 1.00% (R), 0.75% (I), 0.35% (SIP) MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS Retail Option: Institutional Option: Super Insti. Option: 0.16 years ` 17.9185 ` 10.8455 ` 14.8993 ` 10.3524 ` 13.4989 ` 10.0186 State Bank of India* State Bank Of Travancore* Bank of India* HDFC Bank Ltd.* Central Bank of India* State Bank of Travancore* Vijaya Bank* P1+ P1+ PR1+ PR1+ PR1+ A1+ PR1+ 13789.50 7476.65 6957.29 6865.03 5401.50 4991.72 4974.63 11.45 6.21 5.78 5.70 4.48 4.14 4.13 Turquoise Investments & Finance Trapti Trading and Investments Total Corporate Debt ILSS 1 Trust 2011 Series A1 Total Pool PTC IRST Series VII Credit Asset Trust SR XLVII A1(IO) Total Single Loan PTC Punjab National Bank* Reliance Capital Ltd.* PR1+ A1+ P1+(SO) AAA (ind) (SO) A1+(SO) P1+ A1+
TFIF
Company Name Rating Market Value ` Lakhs % of Assets
PORTFOLIO
1991.15 1990.71 3981.87 754.48 754.48 4664.88 113.06 4777.94 25098.28 14408.75
1.65 1.65 3.31 0.63 0.63 3.87 0.09 3.97 20.84 11.96
Andhra Bank Allahabad Bank Vijaya Bank Ltd. Canara Bank State Bank of Patiala Reliance Media Works (Guaranteed by Reliance Capital Ltd.) Bank of Baroda State Bank of Hyderabad Jammu & Kashmir Bank IDBI Bank Total Money Market Instruments Union Bank of India* Yes Bank Total Bank Deposit Call, Cash & Other Current Assets# Net Assets
PR1+ A1+ PR1+ P1+ P1+
4882.75 4881.55 2497.41 2496.38 2491.29
4.05 4.05 2.07 2.07 2.07
A1+ P1+ P1+ P1+ P1+
2442.68 2442.47 1464.99 994.24 49.69 114606.78 7500.00 2500.00 10000.00 -13665.19 120455.87
2.03 2.03 1.22 0.83 0.04 95.14 6.23 2.08 8.30 -11.34 100.00
* Top 10 holdings

Fund Strategy
The maturity period increased to 0.16 years from 0.08 years during the month. The funds exposure to money market instruments increased to 95.14% from 82.98%, while exposure to Single Loan PTC increased to 3.97% from 3.11% during the month.
NAV Performance
Last 3 Mths TFIF - Retail Crisil Liquid Fund Index TFIF - Institutional Crisil Liquid Fund Index TFIF - Super Institutional Crisil Liquid Fund Index 2.01% 1.96% 2.07% 1.96% 2.17% 1.96% Last 6 Mths 3.69% 3.72% 3.82% 3.72% 4.02% 3.72% Last 1 Yr 6.34% 6.21% 6.60% 6.21% 7.03% 6.21% Last 3 Yrs* 7.03% 6.22% 7.41% 6.22% 7.75% 6.22% Last 5 Yrs* 7.28% 6.51% 7.68% 6.51% N.A N.A Since Inception* 6.59% N.A 7.42% 6.35% 8.01% 6.37%
`10,000/1 1 Crore/1 5 Crores/1
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Retail Plan: Institutional Option: Super Insti. Option: LOAD STRUCTURE
`1000/1 1 lakh/1 5 lakhs/1
Entry Load NIL Exit Load In respect of each purchase of Units 0.25% if redeemed within 7 days of allotment (effective Dec 1, 2010)
A1+/A1+(SO)/AAA (IND) (SO)/P1+/P1+(SO)/PR1+
100.00%
27
Templeton India Short-Term Income Plan

As of March 31, 2011 INVESTMENT STYLE The fund manager strives to provide a steady stream of income while avoiding interest rate volatility. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end income scheme with an objective to provide stable returns by investing in fixed income securities. DATE OF ALLOTMENT TISTIP TISTIP - I Plan FUND MANAGER Umesh Sharma & Sachin Padwal - Desai LATEST NAV TISTIP - Retail Plan ` 1953.5161 Growth Plan Weekly Plan ` 1078.2796 Monthly Plan ` 1131.7933 ` 1101.3524 Quarterly Plan Bonus ` 1120.507 TISTIP - Institutional Plan Growth Plan ` 1570.0906 ` 1015.2362 Weekly Plan Monthly Plan ` 1164.8764 FUND SIZE ` 3795.30 crores MATURITY & YIELD Fund Avg Maturity 0.79 years YTM 10.31%* January 31, 2002 September 6, 2005 Reliance Utilities* Mundra Port* ECL Finance* KAL Airways* Tata Motor Finance* Reliance Capital* PTC Financial Reliance Capital Kotak Mahindra Prime Lands End Properties Gitanjali Trading and Investments Mundra Port Trent Limited Cholamandalam DBS Finance Total Corporate Debt ILSS 1 Trust 2011 Series A2 ILSS 6 Trust 2010 ILSS 3 Trust 2011 ILSS 5 Trust 2010 ILSS 4 Trust 2011 ILSS 4 TRUST 2010 ILSS 5 Trust 2011 Series A ILSS 7 Trust 2010 Series A3 AST -Mix Pool A Total Pool PTC CLSS 12 Trust 2011 CLSS 11 Trust 2011 A+ (SO) A+ (SO)
TISTIP
PORTFOLIO
AAA (ind) 49617.85 LAA AA26775.48 20392.96
13.07 7.05 5.37 4.59 3.51 3.26 2.61 2.42 1.93 1.87 1.70 1.39 0.30 0.05 49.13 3.88 3.33 1.77 1.43 1.30 1.09 0.97 0.93 0.47 15.18 4.02 4.02
CLSS 8 Trust 2011 CLSS 9 Trust 2011 CLSS 6 Trust 2010 CLSS 13 Trust 2011 PIIL Loan Participation Trust Series 77 2B CLSS 5 Trust 2010 CLSS 7 Trust 2010 Series A2 PIIL Loan Participation Trust Series 77 2A CLSS 15 Trust 2011 LST Series 9 B Total Single Loan PTC Bajaj Auto Receivables** Reliance Industries Receivables** Total Other PTC Tata Teleservices Ltd United Bank of India Reliance Media Works (Guaranteed by Reliance Capital Ltd.) Vijaya Bank Oriental Bank of Commerce Bank of India State Bank of Mysore Total Money Market Instruments Call, Cash & Other Current Assets# Net Assets
A+ (SO) A+ (SO) A+ (SO) A+ (SO)
10220.99 10220.99 10162.14 10159.59
2.69 1.35 2.68 2.68
PR1+(SO) 17427.57 AAAAA LA+ AAA (ind) LAA AA+(SO) AAA(SO) AA AA LAA13330.52 12354.24 9901.20 9176.78 7330.36 7081.71 6458.86 5281.52 1130.25 197.53 186456.82 LAAA (SO) 14725.82 LAAA (SO) 12621.53 LAAA (SO) LAAA (SO) LAAA (SO) LAAA (SO) LAAA (SO) AAA (SO) AAA (SO) 6735.32 5428.11 4926.27 4153.60 3695.54 3531.48 1780.17 57597.84 15239.39 15239.39
AAA (SO) A+ (SO) AA-
9456.66 5047.93 3165.76
2.49 1.33 0.83
AAA (SO) AAAAA (SO)
2377.70 1986.51 1671.09 94948.13
0.63 0.52 0.44 25.02 0.79 0.01 0.80 2.09 1.26
AAA (SO) AAA (SO)
2997.97 49.21 3047.18
P1+ PR1+
7950.68 4795.19
A1+ PR1+ P1+ P1+ P1+
3908.29 2984.78 2773.67 2750.81 2346.55 27509.96 9970.22 379530.15
1.03 0.79 0.73 0.72 0.62 7.25 2.63 100.00
* Pre fund expenses
MODIFIED DURATION 0.64 years** **Modified duration of floating rate securities is calculated based on the next reset date. EXPENSE RATIO 1.30% (R), 1.10% (I) MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS Retail: Institutional: ` 5000/1 Rs 5 Crores/1 ` 5000/1 Rs 1 Crore/1
* Top 10 holdings

Fund Strategy
The maturity period of the fund decreased to 0.79 years from 1.30 years during the month. The exposure to corporate debt has increased to 49.13% from 44.13% during the month, while exposure to money market instruments decreased to 7.25% from 15.54% during the month.
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Retail: Institutional: LOAD STRUCTURE
NAV Performance
Last 3 Mths TISTIP Crisil Short-Term Bond Fund Index TISTIP Institutional Plan Crisil Short-Term Bond Fund Index 1.84% 1.64% 1.89% 1.64% Last 6 Mths 2.78% 2.76% 2.89% 2.76% Last 1 Yr 5.66% 5.12% 5.88% 5.12% Last 3 Yrs* 9.08% 6.91% 9.24% 6.91% Last 5 Yrs* 8.88% 7.04% 9.02% 7.04% Since Inception* 7.58% N.A 8.58% 6.69%
Entry Load NIL Exit Load In respect of each purchase of Units 0.50% if the Units are redeemed/ switched-out within 9 months of allotment
I A1+/AAA/AAA (IND)/AAA (SO)/AAA(SO)/

LAAA (SO)/P1+/PR1+/PR1+(SO) 54.45% 22.84% 22.71%
I AA/AA-/AA+(SO)/LAA/LAAI A+ (SO)/LA+
I I I I I I
Corporate Debt Money Market Instruments Call, Cash & Other Assets Pool PTC Single Loan PTC Other PTC
49.13% 7.25% 2.63% 15.18% 25.02% 0.80%
28
mfA1+ Rating by ICRA*
Templeton India Ultra-short Bond Fund

As of March 31, 2011 INVESTMENT STYLE The fund manager strives to strike an optimum balance between regular income and high liquidity through a judicious mix of short term debt and money market instruments. TYPE OF SCHEME / INVESTMENT OBJECTIVE An open end income fund which seeks to provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments. DATE OF ALLOTMENT: December 18, 2007 FUND MANAGER: Pallab Roy & Sachin Padwal Desai LATEST NAV TIUBF - Retail Plan Growth Plan ` 12.5060 Weekly Dividend Plan ` 10.0295 ` 10.0106 Daily Dividend Plan TIUBF - Insitutional Plan ` 12.5886 Growth Plan Weekly Dividend Plan ` 10.2103 Daily Dividend Plan ` 10.0111 TIUBF - Super Insitutional Plan ` 12.6654 Growth Plan Weekly Dividend Plan ` 10.1082 ` 10.0116 Daily Dividend FUND SIZE: ` 1855.66 crores EXPENSE RATIO: RP : 0.65%; IP :0.45%; SIP:0.35% MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTORS: Tata Teleservices Ltd* PR1+ 18269.65 9.85 Total Money Market Instruments LST Trust Series XVII AAA (SO) 18.75 0.01 Andhra Bank Total Pool PTC 1925.97 1.04 ECL Finance IRST Series VII P1+(SO) 13167.01 7.10 Edelweiss Capital CLSS 5 Trust 2010 A+ (SO) 504.79 0.27 IDBI Bank Total Single Loan PTC 13671.80 7.37 Tata Teleservices Ltd Punjab National Bank* PR1+ 32606.34 17.57 P1+ P1+ P1+ P1+ PR1+ Total Corporate Debt 1198.51 0.65
TIUBF
PORTFOLIO
Tata Steel
AA (ind)
699.51
0.38
HDFC Bank Ltd.*
PR1+
9807.19
5.28
Tata Motor Finance
AA-
499.01
0.27
Jammu & Kashmir Bank
P1+
7953.91
4.29
State Bank of India
P1+
4960.25
2.67
ILSS 2 Trust 2010
LAAA (SO)
1907.23
1.03
Reliance Media Works (Guaranteed by Reliance Capital Ltd.) A1+ 4885.36 2.63
4882.75
2.63
4880.36
2.63
2966.43
1.60
2186.15
1.18
1745.27
0.94
159367.22
85.88
RP: ` 10,000/1; IP : ` 1 crore/1; SIP : ` 5 crores/1 ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS: RP: ` 1,000/1; IP : ` 1 lakh/1; SIP : ` 5 lakhs/1 LOAD STRUCTURE Entry Load Nil Exit Load: Nil AVERAGE MATURITY : 0.14 yrs YIELD TO MATURITY : 10.32%* *prefund expenses MODIFIED DURATION : 0.13 yrs**
**Modified duration of floating rate securities is calculated based on the next reset date. RP-Retail Plan, IP-Institutional Plan, SIP-Super Institutional Plan
United Bank of India*
PR1+
15450.28
8.33
Yes Bank*
10000.00
5.39
Central Bank of India*
PR1+
14632.56
7.89
Union Bank of India
7500.00
4.04
Reliance Capital Ltd.*
A1+
14408.75
7.76
Total Bank Deposit
17500.00
9.43
Oriental Bank of Commerce*
P1+
9910.91
5.34
-8096.92
-4.36
Canara Bank*
P1+
9821.08
5.29
Net Assets
185566.59
100.00
# Includes CBLO : 1.19%, Others (Cash/ Subscription/ Redmn/ Payable on purchase/ Recvble on sale/ Interest/ Expenses) : -5.5%
* Top 10 holdings

Fund Strategy
The maturity period of the fund has increased to 0.14 years from 0.09 years during the month. Exposure to money market instruments increased to 85.88% from 78.44% during the month.
NAV Performance
Last 3 Mths TIUBF - Regular TIUBF - Institutional TIUBF - Super Institutional Crisil Liquid Fund Index 2.06% 2.11% 2.14% 1.96% Last 6 Mths 3.83% 3.93% 3.99% 3.72% Last 1 Yr 6.53% 6.74% 6.90% 6.21% Last 3 Yrs* 6.78% 6.99% 7.19% 6.22% Since Inception* 7.04% 7.26% 7.46% 6.31%
29
Templeton India Income Fund

INVESTMENT STYLE The Fund Manager strives to earn steady returns in the fixed income market by actively managing the funds portfolio on interest rate movements and credit risks TYPE OF SCHEME / INVESTMENT OBJECTIVE An open-end income scheme with the primary objective to generate a steady stream of income through investment in fixed income securities. This shall be the fundamental attribute of the scheme. A secondary objective is to generate capital appreciation. DATE OF ALLOTMENT March 5, 1997 FUND MANAGER Umesh Sharma & Sachin Padwal - Desai LATEST NAV Growth Plan Dividend Plan FUND SIZE MATURITY & YIELD Avg Maturity Fund 0.73 years * Pre fund expenses YTM 9.71%* ` 33.4494 ` 10.6578
TIIF
Market Value ` Lakhs % of Assets Company Name Rating Market Value ` Lakhs % of Assets
PORTFOLIO
Company Name Rating
Cholamandalam DBS Finance* LAAAAECL Finance AAA LIC Housing Finance Tata Motor Finance AAIDFC LAAA AA (SO) Hero Motors LAAA Tata Sons Total Corporate Debt LAAA (SO) ILSS 3 Trust 2011 ILSS 5 Trust 2011 Series A LAAA (SO) ILSS 4 TRUST 2010 LAAA (SO) ILSS 2 Trust 2010 LAAA (SO) Total Pool PTC IRS Trust Series IV P1+(SO) P1+(SO) IRST Series VII Total Single Loan PTC AAA Nabard Indian Oil Corporation AAA
6423.38 2913.28 1610.25 1480.29 997.83 893.76 99.83 14418.62 4286.11 3695.54 3164.65 953.61 12099.91 7222.37 1504.80 8727.17 501.43 97.25
6.69 3.03 1.68 1.54 1.04 0.93 0.10 15.01 4.46 3.85 3.29 0.99 12.59 7.52 1.57 9.08 0.52 0.10
Indian Railway Finance Corporation Total PSU/PFI Bonds Canara Bank* State Bank of Bikaner and Jaipur* JM Financial Products* Oriental Bank of Commerce* Corporation Bank* State Bank of Patiala* State Bank of Hyderabad* Bank of India Reliance Media Works State Bank of Patiala State Bank of Mysore State Bank of Travancore Total Money Market Instruments Call, Cash & Other Current Assets# Net Assets
AAA P1+ P1+ P1+ P1+ P1+ A1+ A1+ P1+ A1+ P1+ P1+ P1+
39.74 638.43 11621.98 7004.55 6066.91 6031.80 5968.28 4649.94 4634.02 2804.96 2442.68 2352.30 2346.55 2306.39 58230.36 1964.79 96079.28
0.04 0.66 12.10 7.29 6.31 6.28 6.21 4.84 4.82 2.92 2.54 2.45 2.44 2.40 60.61 2.04 100.00
* Top 10 holdings
` 960.79 crores

Fund Strategy
The maturity period has decreased to 0.73 years from 0.77 years during the month. The funds exposure to PSU/PFI Bonds decreased to 0.66% from 3.93% and exposure to Money Market Instruments decreased to 60.61% from 70.57% during the month.
MODIFIED DURATION 0.63 years** **Modified duration of floating rate securities is calculated based on the next reset date. EXPENSE RATIO 1.18%
NAV Performance
Last 6 Mths TIIF(G) TIIF (D) Crisil Composite Bond Fund Index 2.42% 5.06% 5.94% 5.94% N.A
Last Last 1 Year 3 Years* 4.52% 4.52% 6.20% 6.20% Last Since 5 Years* Inception* 6.43% 6.63% 8.95% 9.06%
MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTORS ` 10000/1 ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS ` 1000/1 LOAD STRUCTURE NIL Entry Load Exit Load 0.50%, if redeemed within 6 months of allotment
3.01% 3.01%
15.01% I Call, Cash & Other Assets 2.04% I Corporate Debt I Money Market Instruments 60.61% I PSU/PFI Bonds 0.66% 9.08% I Pool PTC 12.59% I Single Loan PTC
ANNEXURE
Obligor Power Grid Corporation of India IBM India Private Ltd Pipeline Infrastructure (India) Private Limited Pipeline Infrastructure (India) Private Limited Tata Teleservices Limited Tata Teleservices Limited North Delhi Power Limited North Delhi Power Limited North Delhi Power Limited North Delhi Power Limited Cholamandalam Factoring Limited North Delhi Power Limited North Delhi Power Limited Tata Teleservices Limited Tata Teleservices Limited Tata Teleservices Limited Tata Teleservices Limited Tata Teleservices Limited Tata Teleservices Limited Tata Teleservices Limited Tata Teleservices Limited North Delhi Power Limited Vodafone Essar South Limited Vodafone Essar South Limited Originator Reliance Home Finance Private Limited Cholamandalam Investment and Finance Company Ltd Cholamandalam Investment and Finance Company Ltd Reliance Capital Limited Tata Motor Finance Limited Reliance Consumer Finance P. Ltd. Reliance Consumer Finance P. Ltd. Reliance Consumer Finance P. Ltd. Magma Fincorp Limited Reliance Capital Limited Cholamandalam DBS Finance Cholamandalam DBS Finance Reliance Capital Limited Tata Motors Finance Ltd. Tata Motors Ltd. Reliance Capital Limited Reliance Capital Limited Reliance Capital Limited Standard Chartered Bank ICICI Bank ICICI Bank Pass Thru Certificates (PTC) Details Single Loan PTC Details Trust Details Name of Gurantor/Details of underlying Security LST Series 9 B Unsecured Credit Asset Trust SR XLVII A1(IO) Unsecured PIIL Loan Participation Trust Series 77 2B Secured PIIL Loan Participation Trust Series 77 2A Secured CLSS 5 Trust 2010 Unsecured CLSS 6 Trust 2010 Unsecured CLSS 7 Trust 2010 Series A2 Secured CLSS 7 Trust 2010 Series A3 Secured CLSS 8 Trust 2010 Series A Unsecured CLSS 8 Trust 2010 Series B Unsecured CLSS 9 Trust 2010 Guaranteed by Cholamandalam DBS Finance Limited CLSS 2 Trust 2011 Series A Unsecured CLSS 2 Trust 2011 Series B Unsecured CLSS 5 Trust 2011 Unsecured CLSS 6 Trust 2011 Unsecured CLSS 8 Trust 2011 Unsecured CLSS 9 Trust 2011 Unsecured CLSS 12 Trust 2011 Unsecured CLSS 10 Trust 2011 Unsecured CLSS 11 Trust 2011 Unsecured CLSS 13 Trust 2011 Unsecured CLSS 15 Trust 2011 Unsecured IRS Trust Series IV Gurantee by Vodafone Essar group cos IRST Series VII Gurantee by Vodafone Essar group cos Trust Details ILSS 4 Trust 2011 ILSS 5 Trust 2011 Series IO ILSS 5 Trust 2011 Series A ILSS 3 Trust 2011 IRST Series III ILSS 1 Trust 2011 Series A3 ILSS 1 Trust 2011 Series A2 ILSS 1 Trust 2011 Series A1 ILSS 2 Trust 2011 ILSS 5 Trust 2010 ILSS 7 Trust 2010 Series A4 ILSS 7 Trust 2010 Series A3 ILSS 1 Trust 2010 AST -Mix Pool A BHPC Auto Securitisation Trust ILSS 2 Trust 2010 ILSS 4 TRUST 2010 ILSS 6 Trust 2010 JUS Trust LST Trust Series XX LST Trust Series XVII Pool PTC Details Existing Rating LAAA (SO) LAAA (SO) LAAA (SO) LAAA (SO) AAA (SO) LAAA (SO) LAAA (SO) A1+(SO) AAA LAAA (SO) AAA (SO) AAA (SO) LAAA (SO) AAA (SO) AAA (SO) LAAA (SO) LAAA (SO) LAAA (SO) AAA (SO) AAA (SO) AAA (SO) Existing Rating AAA (SO) AAA (ind) (SO) AAA (SO) AAA (SO) A+ (SO) A+ (SO) AAAAAAAALAA- (SO) AAAAA+ (SO) A+ (SO) A+ (SO) A+ (SO) A+ (SO) A+ (SO) A+ (SO) A+ (SO) AAP1+(SO) P1+(SO) Type of Pool MBS MBS MBS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS ABS
30
DIVIDEND/BONUS HISTORY (FOR SELECT SCHEMES)

Record Date Rate per unit (`) NAV* (`) Record Date Rate per unit (`) NAV* (`) Record Date
Past performance may or may not be sustained in future. Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable. Past 12 months dividend history * Cum-dividend NAV # Past 3 months dividend history $ Past 3 quarters dividend history ** Since inception. ***1:1 bonus. a Individual/HUF b Others. Dividend distribution tax is taken into consideration wherever applicable while calculating the NAV performance
FIBCF** Jan 01, 1997 Jul 30, 1999 Mar 14, 2000*** Nov 10, 2000 Mar 09, 2001 Mar 18, 2002 Jul 30, 2003 Feb 3, 2004 Jan 19, 2005 Jan 24, 2006 Feb 07, 2007 Jan 09, 2008 Jan 21, 2009 Jan 22, 2010 Jan 21, 2011 TIGF** Apr 28, 2000 Sep 16, 2003 Feb 24, 2004 Dec 8, 2004 Dec 21, 2005 Dec 20, 2006 Dec 26, 2007 Dec 10, 2008 Dec 16, 2009 Dec 16, 2010 FIPP** Sep 10, 1999 Oct 13, 2000 Jan 19, 2001 Mar 18, 2002 Aug 19, 2003 Mar 23, 2004 Oct 27, 2004 Nov 9, 2005 Nov 15, 2006 Mar 7, 2007 Feb 13, 2008 Feb 25, 2009 Feb 19, 2010 Feb 18, 2011 FIPF** Nov 03, 1999 Sep 22, 2000 Jan 17, 2001 Mar 18, 2002 Jun 27, 2003 Jan 20, 2004 Oct 5, 2004 Jul 13, 2005 Jul 19, 2006 Jul 18, 2007 Jun 18, 2008 Jun 24, 2009 Jun 18, 2010 FIFCF** Mar 14, 2006 May 9, 2007 Mar 12, 2008 Jul 29, 2009 Mar 23, 2010 Mar 18, 2011 FIHGCF Sep 24, 2010 TIEIF** Apr 18, 2007 Nov 28, 2007 May 21, 2008 Aug 26, 2009 Mar 12, 2010 Sep 20, 2010 Mar 11, 2011 FBIF Sep 24, 2010 FIT** Mar 31, 2000 May 24, 2000 Mar 30, 2001 Feb 24, 2004 Mar 18, 2005 Feb 15, 2006 Jan 10, 2007 Nov 14, 2007 Dec 17, 2008 Jan 15, 2010 Jan 14, 2011 FIOF** Sep 14, 2005 Sep 13, 2006 Nov 29, 2006 Sep 12, 2007 Oct 28, 2009 Oct 22, 2010 FIF** Oct 08, 1999 Jan 12, 2000*** Mar 24, 2000 Mar 16, 2004
2.00 3.50 6.50 2.50 2.25 1.00 2.00 2.00 2.50 3.00 6.00 7.00 3.00 3.50 4.50 1.50 2.00 3.00 2.50 3.50 4.00 4.50 2.50 3.00 4.50 2.00 3.00 2.50 2.00 2.00 2.50 4.00 5.50 6.00 3.00 6.00 2.50 6.00 3.00 3.00 3.00 2.50 3.00 2.50 4.00 3.50 5.50 6.00 6.00 6.00 6.00 8.00 2.00 2.50 3.00 1.50 2.00 1.50 0.60 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.60 8.00 6.00 1.25 4.00 3.00 3.50 8.00 8.00 3.00 3.00 4.00 2.50 3.00 3.00 3.00 0.50 1.00 4.00 6.00 6.25 2.00
12.03 30.17 50.38 16.85 14.08 12.93 15.45 22.43 24.07 33.94 46.31 56.2212 23.4686 40.2624 43.0352 14.45 20.48 27.16 27.29 35.94 41.07 60.5998 28.2833 51.5728 59.6504 18.83 17.41 16.79 15.36 18.10 23.63 23.02 28.85 38.81 31.32 38.9872 19.4543 31.1704 28.3263 26.34 18.93 15.27 16.78 20.73 35.64 34.97 47.49 48.13 65.3063 48.8451 38.6376 48.1375 17.48 18.5404 18.1619 15.1021 16.7398 15.5774 14.0782 12.3379 15.7362 15.0994 13.1510 14.6901 16.6675 15.0130 13.3353 31.02 19.82 11.57 24.01 27.25 38.01 39.43 46.8922 20.6681 33.0523 34.0334 15.96 18.88 18.82 17.8556 13.6099 16.5205 39.59 64.00 37.57 12.67
Nov 23, 2005 Nov 29, 2006 Oct 24, 2007 Aug 20, 2008 Oct 28, 2009 Oct 22, 2010 FTIBF** Nov 25, 2003 June 15, 2005 May 4, 2006 May 23, 2007 May 21, 2008 May 27, 2009 May 21, 2010 TIPP** Dec 31, 1997 Dec 14, 1998 Mar 16, 2000 Jul 13, 2001 Mar 22, 2002 Dec 23, 2003 Dec 15, 2004 Dec 21, 2005 Dec 20, 2006 Nov 14, 2007 Dec 17, 2008 Dec 16, 2009 Dec 16, 2010 FTDPEF Nov 19, 2010 Nov 11, 2009 FTLF-The 50s Plus Plan$ Mar 28, 2011 Dec 31, 2010
3.00 1.50 2.50 2.50 0.30 2.00 1.50 2.00 2.50 3.00 3.00 2.00 3.00 1.20 1.20 1.20 1.20 1.00 1.20 1.20 1.50 2.00 2.50 1.20 1.20 1.30 a 2.635b 2.456 3.00 a 0.1757b 0.1637
20.26 25.61 21.4765 16.0852 16.5478 22.2878 13.99 17.77 24.26 24.6370 24.9250 20.7556 21.9514 11.31 11.46 12.41 12.09 11.72 15.81 16.27 17.74 18.8017 20.4519 13.7490 15.8809 15.8918 36.4936 36.4936 35.5161 12.4433 12.4433 12.7359 12.7359 12.8687 12.8687 12.9914 12.9914 13.1985 13.1985 13.3197 13.3197 17.5912 17.5912 15.8275 15.8275 16.4593 16.4593 28.4314 28.4314 38.6002 38.6002 10.6982 10.6982 10.6320 10.6320 10.5494 10.5494 10.5383 10.5383 10.5099 10.5099 10.5806 10.5806 10.8204 10.8204 11.0593 11.0593 10.6028 10.6028 11.9269 11.9269 11.9275 11.9275 12.5470 12.5470 11.5313 11.5313 11.6608 11.6608 11.7025 11.7025 12.0203 12.0203 12.0393 12.0393 12.0163 12.0163 10.3389 10.3389
Feb 25, 2011 Jan 28, 2011 (Quarterly Dividend)$ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 FTIMIP # (Monthly Dividend) Mar 28, 2011 Feb 25, 2011 Jan 28, 2011 (Quarterly Dividend)$ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 TGSF (Composite Plan) $ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 TGSF (TP)$ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 TGSF (LT-Quarterly)$ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 TFIF (LT-Quarterly)$ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 TISTIP# (Monthly Dividend) Mar 28, 2011 Feb 25, 2011 Jan 28, 2011 (Quarterly Dividend)$ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 (Institutional Monthly) Mar 28, 2011 Feb 25, 2011 Jan 28, 2011 Face Value : `1000
a 0.0439b 0.0409 a 0.0439b 0.0409 a 0.2196b 0.2047 a 0.1757b 0.1637 a 0.2635b 0.2456 a 0.0395b 0.0368 a 0.0395b 0.0368 a 0.0439b 0.0409 a 0.1757b 0.1637 a 0.1318b 0.1228 a 0.1318b 0.1228 0.0878a 0.0819b 0.0878a 0.0819b 0.0439a 0.0409b 0.0439a 0.0409b 0.0439a 0.0409b a 0.0264b 0.0246 a 0.0878b 0.0819 a 0.0878b 0.0819 a 0.0878b 0.0819 a 0.1318b 0.1228 a 0.1405b 0.1310 a 0.1054b 0.0982 a 5.2705b 4.9122 a 5.2705b 4.9122 a 5.2705b 4.9122 a 8.7842b 8.1870 a 7.9058b 7.3683 a 8.7842b 8.1870 a 5.7097b 5.3215 a 6.1489b 5.7309 a 6.1489b 5.7309
Rate per unit (`)
NAV* (`)
10.3016 10.3016 10.2881 10.2881 10.5072 10.5072 10.4938 10.4938 10.6215 10.6215 11.5216 11.5216 11.3573 11.3573 11.4239 11.4239 11.6338 11.6338 11.7601 11.7601 11.8763 11.8763 10.3584 10.3584 10.3857 10.3857 10.2435 10.2435 10.6052 10.6052 10.5273 10.5273 10.4259 10.4259 10.3716 10.3716 10.4253 10.4253 10.3213 10.3213 10.9835 10.9835 10.9394 10.9394 10.8731 10.8731 1135.2449 1135.2449 1131.9275 1131.9275 1133.2057 1133.2057 1108.8688 1108.8688 1100.3038 1100.3038 1098.6606 1098.6606 1168.7341 1168.7341 1165.9442 1165.9442 1167.9019 1167.9019
a 0.1757b 0.1637 a 0.2635b Sep 24, 2010 0.2456 FTLF-The 50s Plus Floating Rate Plan$ a 0.1757b Mar 28, 2011 0.1637 a 0.1757b Dec 31, 2010 0.1637 a Sep 24, 2010 0.2635b 0.2456 FTLF The 40s Plan a Oct 22, 2010 2.196 b 2.046 a Oct 24, 2007 1.314 b 1.223 a Oct 28, 2009 1.313 b 1.222 FTLF The 30s Plan a Oct 22, 2010 3.513 b 3.274 FTLF The 20s Plan a 5.270 b Oct 22, 2010 4.912 $ TIIF a Mar 28, 2011 0.0878b 0.0819 Dec 31, 2010 Sep 24, 2010 TIIOF Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 TIIBA (Annual Dividend) Mar 26, 2009 Mar 28, 2008 Mar 28, 2007 (Half Yearly Dividend) Mar 28, 2011 Sep 24, 2010 Mar 26, 2010 (Monthly Dividend)# Feb 26, 2010 Jan 29, 2010 Dec 24, 2009 (Quarterly Plan)$ Mar 28, 2011 Dec 31, 2010 Sep 24, 2010 TILDF# (Monthly Dividend) Mar 28, 2011 a 0.0878b 0.0819 a 0.0615b 0.0573 a 0.1318b 0.1228 a 0.1142b 0.1064 a 0.1581b 0.1474 a 0.6132b 0.5707 a 0.8234b 0.7663 a 0.2631b 0.2450 a 0.3074b 0.2865 a 0.3514b 0.3275 a 0.7008b 0.6522 a 0.1051b 0.0978 a 0.1051b 0.0978 a 0.1051b 0.0978 a 0.1318b 0.1228 a 0.1757b 0.1637 a 0.1757b 0.1637 a 0.0483b 0.0450
Fund Managers Industry Experience Name FRANKLIN EQUITY Sukumar Rajah K. N. Sivasubramanian Anand Radhakrishnan Anil Prabhudas Janakiraman Roshi Jain Chakri Lokapriya Murali Yerram Anand Vasudevan Rajat Malhotra TEMPLETON EQUITY Mark Mobius Chetan Sehgal Vikas Chiranewal FIXED INCOME Santosh Kamath Sachin Desai Umesh Sharma Pallab Roy Industry experience 18 20 14 16 13 6 12 3 18 6 years years years years years years years years years years
40 years 16 years 5 years 16 10 10 8 years years years years
31
* ICRA has assigned a credit rating of mfA1+ to Templeton India Treasury Management Account (TITMA), Templeton India Ultra Short Bond Fund (TIUBF) and Templeton Floating Rate Income Fund - Short Term (TFIF-ST). ICRAs mutual fund rating methodology is based on evaluating the inherent credit quality of the funds portfolio. As a measure of the credit quality of a debt funds assets. ICRA uses the concept of credit scores. These scores are based on ICRAs estimates of credit risk associated with each exposure of the portfolio taking into account its maturity. To quantify the credit risk scores, ICRA uses its database of historical default rates for various rating categories for various maturity buckets. The credit risk ratings incorporate ICRAs assessment of a debt funds published investment objectives and policies, its management characteristics, and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. If the portfolio credit score meets the benchmark of the assigned rating during the review, the rating is retained. In an event that the benchmark credit score is breached, ICRA gives a months time to the debt fund manager to bring the portfolio credit score within the benchmark credit score. If the debt fund manager is able to reduce the portfolio credit score within the benchmark credit score, the rating is retained. If the portfolio still continues to breach the benchmark credit score, the rating is revised to reflect the change in credit quality.
Risk Factors: All investments in mutual funds and securities are subject to market risks and the NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. There can be no assurance that schemes investment objectives will be achieved. The past performance of the mutual funds managed by the Franklin Templeton Group and its affiliates is not necessarily indicative of future performance of the schemes. Templeton India Growth Fund, Franklin India Index Fund, Templeton India Income Fund, Templeton India Income Opportunities Fund, Templeton India Government Securities Fund, Templeton Floating Rate Income Fund, Franklin India Bluechip Fund, Franklin India Prima Plus, Franklin India Prima Fund, Franklin India Flexi Cap Fund, Franklin India High Growth Companies Fund, Franklin Asian Equity Fund, Templeton India Equity Income Fund, Franklin Build India Fund, Franklin India Taxshield, Franklin India Smaller Companies Fund, Franklin Infotech Fund, FT India Dynamic PE Ratio Fund of Funds, Franklin India Opportunities Fund, FT India Balanced Fund, FT India Life Stage Fund of Funds, Templeton India Pension Plan, Templeton India Ultra Short Bond Fund, Templeton India Income Builder Account, FT India Monthly Income Plan@, Templeton India Short-Term Income Plan, Templeton India Treasury Management Account, Templeton India Low Duration Fund, are only the names of the schemes and do not in any manner indicate the quality of the schemes, their future prospects or returns. In Franklin Infotech Fund, the diversification is restricted to the respective sectors as a result of which, the movement in the NAV may be more volatile compared to schemes with a more diversified portfolio. The Mutual Fund is not guaranteeing or assuring any dividend under any of the schemes. The Mutual Fund is also not assuring that it will make any dividend/bonus distributions under the dividend/bonus plans of the schemes though it has every intention of doing so. All dividend/bonus distributions are subject to the investment performance of the schemes and the payment of dividend is subject to availability and adequacy of distributable surplus. The investments made by the schemes are subject to external risks. The schemes may invest in various derivative instruments including Index futures, which are untested instruments in Indian Markets and may carry high risk return ratio and may also invest in overseas instruments which is subject to forex fluctuation risks. The floating rate investments are subject to risks pertaining to Interest rate movement, Spread Movement, Settlement and Liquidity. FTLF/FTDPEF: FTLF/FTDPEF being a fund of funds, investors are bearing the recurring expenses of the scheme in addition to the expenses of the underlying schemes. In the cases of Franklin India Index Fund, the existence, accuracy and performance of the S&P CNX Nifty Index and BSE Sensex Index will directly affect the schemes performance and tracking errors are inherent in any Index Fund. All subscriptions in Templeton India Pension Plan are subject to a lock-in-period of 3 financial years and in Taxshield for 3 years, the unitholder cannot redeem, transfer, assign or pledge the units from the date of allotment. The Trustee, AMC, their directors or their employees shall not be liable for any of the tax consequences that may arise, in the event that the Scheme is wound up before the completion of the lock-in period. In the case of hybrid funds, in the event that the investible funds of more than 65% of the total proceeds of the scheme are not invested in equity shares, then tax exemption on income distribution may not be available to the fund (w.e.f. June 1, 2006). Investors are requested to consult tax professionals for specific tax, legal and financial implications of the investment/ participation/disinvestment in the schemes. All returns are computed without considering sales charge. Please read the Statement of Additional Information and Scheme Information Document carefully before investing. Statutory Details: Franklin Templeton Mutual Fund in India has been set up as a trust by Templeton International Inc. (liability restricted to the seed corpus of `1 lac) with Franklin Templeton Trustee Services Pvt. Ltd. as the Trustee (Trustee under the Indian Trusts Act 1882) and with Franklin Templeton Asset Management (India) Pvt. Ltd. as the Investment Manager. The Fund offers NAVs, purchases and redemptions on all business days except during the period when there is a book closure.
Head Office: Franklin Templeton Asset Management (India) Pvt. Ltd. Level 4,Wockhardt Towers, Ist Bandra Kurla Complex, Bandra (East), Mumbai 400 051
www. franklintempletonindia.com
For any queries, our investor line is available to assist you at 1-800-425-4255 or 60004255 (if calling from a mobile phone, please prefix the city STD code; local call rates apply for both numbers) from 8 a.m to 9 p.m, Monday to Saturday. Alternatively, you can also e-mail us at service@templeton.com.
(This document is meant for use by the receipient and not for circulation. This document is not to be copied or made available to others.)

2011 March

Cargado por

Información del documento

Derechos de autor

Formatos disponibles

Compartir este documento

Compartir o incrustar documentos

Opciones para compartir

¿Le pareció útil este documento?

¿Este contenido es inapropiado?

Copyright:

Formatos disponibles

2011 March

Cargado por

Copyright:

Formatos disponibles

MARCH 2011

Franklin Templeton Investments Monthly Fact Sheet

S&P CNX Nifty S&P CNX 500 CNX Midcap

Templeton Equity View: The Cup Over flows

Fixed Income Market Snap Shot

Franklin Templeton Investments

Franklin India Bluechip Fund

PORTFOLIO COMPOSITION AND PERFORMANCE

ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1

SIP - If you had invested `5000 every month in FIBCF...

Sector Allocation - Total Assets

`10000 invested at Inception in FIBCF & BSE Sensex

____ FIBCF NAV is adjusted for dividend/bonus

____ BSE Sensex

Franklin Templeton Investments

Templeton India Growth Fund

PORTFOLIO COMPOSITION AND PERFORMANCE

ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1

SIP - If you had invested `5000 every month in TIGF...

Sector Allocation - Total Assets

`10000 invested at Inception in TIGF & BSE Sensex

____ TIGF NAV is adjusted for dividend

____ BSE Sensex

Franklin Templeton Investments

Franklin India Prima Plus

0.10 Market Value (` in Lakhs) 49.37 169108.78 49.37 5310.31 174468.46

PORTFOLIO COMPOSITION AND PERFORMANCE

ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1

SIP - If you had invested `5000 every month in FIPP...

Sector Allocation - Total Assets

`10000 invested at Inception in FIPP & S&P CNX 500

____ S&P CNX 500

Franklin Templeton Investments

Franklin India Prima Fund

PORTFOLIO COMPOSITION AND PERFORMANCE

ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1

SIP - If you had invested `5000 every month in FIPF...

Sector Allocation - Total Assets

`10000 invested at Inception in FIPF & S&P CNX 500

____ S&P CNX 500

Franklin Templeton Investments

Franklin India Flexi Cap Fund

2470358 57904 58000 494896 1992800 284081

1247.53 1463.21 1297.98 4534.73 3382.78 1762.72

0.61 0.71 0.63 2.20 1.64 0.85

2230253 214768 328642 2759061 1577478 159500 378877 624205

3539.41 1325.01 2603.01 2735.61 4305.73 3287.06 1807.81 1751.52

1.72 0.64 1.26 1.33 2.09 1.59 0.88 0.85

803431 7045079 3671683 1592726 2172221

5499.89 6566.01 2946.53 2034.71 1684.56

2.67 3.18 1.43 0.99 0.82

PORTFOLIO COMPOSITION AND PERFORMANCE

ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS ` 1000/1

SIP - If you had invested `5000 every month in FIFCF...

FIFCF S&P CNX 500

Sector Allocation - Total Assets

`10000 invested at Inception in FIFCF & S&P CNX 500

____ FIFCF ` 33,050

____ S&P CNX 500 ` 25,346

Franklin Templeton Investments

Franklin India High Growth Companies Fund

Industrial Capital Goods

Media & Entertainment

Non - Ferrous Metals