Performance Summary May 31, 2019

Value Enhancer Fund ULIF 139 24/11/17 VEF 105

Fund Objective: Inception Date July 23, 2018 To achieve long-term capital appreciation ₹ through investments primarily in equity and Assets Invested 16,819.9 Million equity-related instruments in sectors that are emerging or witnessing a inflection in growth Shiladitya Dasgupta trajectory. Fund Manager(s) Funds Managed: 19 (10 Equity, 9 Balanced)

Benchmark Nifty Next 50 index

NAV ₹ 9.1922 as on May 31, 2019

Return Risk Profile Fund Performance (As on May 31, 2019 ) Since 1 Month 6 Month 1 Year 2 Year 3 Year 4 Year 5 Year Inception

Fund Return 0.66% -0.27% NA NA NA NA NA -8.08%

Benchmark Return 0.14% 0.89% NA NA NA NA NA -0.81%

Performance Vs Benchmark Asset Mix (As on May 31, 2019) 11.50

6% ₹ 975.86 Million 11.00

10.50 ) ₹ 10.00 V in ( NA

9.50

9.00

8.50 94%

Sep 18 Nov 18 Jan 19 Mar 19 May 19 ₹ 15844.08 Million Period Equity and Equity related securities Minimum 85% and Maximum 100% Value Enhancer Fund Nifty Next 50 index Debt Instruments Minimum 0% and Maximum 15%

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not indicative of future performance. Performance Summary May 31, 2019

% of Invested Top 10 Sectors * Assets

Financial and insurance activities 20.83%

Manufacture of other non-metallic mineral products 12.26%

Manufacture of pharmaceuticalsmedicinal chemical and botanical 7.19% products

Manufacture of chemicals and chemical products 6.37%

Manufacture of electrical equipment 6.13%

Manufacture of motor vehicles trailers and semi-trailers 5.48%

Manufacture of coke and refined petroleum products 4.81%

Manufacture of food products 4.60%

Infrastructure 4.48%

Land transport and transport via pipelines 3.78%

OTHERS 24.07%

*As per IRDAI NIC industry classification

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not indicative of future performance. Performance Summary May 31, 2019

Equity Holdings (As on May 31, 2019)

Equity % of Invested Assets Equity % of Invested Assets

Shree Cement Limited 5.33% Of Baroda 1.17%

Hindustan Petroleum Corp. Limited 4.81% Limited 1.16%

Ambuja Cements Limited 4.69% Limited 1.11%

Marico Limited 4.60% Limited 1.10%

SBI Co. Limited 4.54% Oracle Software Limit 1.09%

Container Corp. of Limited 3.78% Limited 1.08%

HDFC Life Insurance Company Limited 3.60% Ltd 1.07%

ABB India Limited 3.24% Limited 1.06%

Aurobindo Pharma Limited 3.22% Shriram Transport Finance Co. Limited 1.05%

Interglobe Aviation (Indigo) 3.03% General Insurance Corporation of India 0.91%

Bajaj Holdings & Investment Limited 3.03% Colgate-Palmolive India Limited 0.78%

Petronet LNG Limited 2.98% Bharat Heavy Electricals Limited 0.75%

Cholamandalam Investment and Finance Com 2.60% Piramal Enterprises Limited 0.64%

Bosch Limited 2.49% AU Limited 0.64%

Lupin Limited 2.44% Limited 0.59%

United Spirits Ltd 2.40% The Company Limited 0.55%

Dabur India Limited 2.29% Sobha Limited 0.55%

ITC Limited 2.26% Ltd 0.29%

Avenue Supermarts Limited 2.25% Godrej Properties Ltd 0.29%

ACC Limited 2.23% SJVN Limited 0.28%

Godrej Consumer Products Limited 2.20% Sundaram Finance Limited 0.24%

Ashok Leyland Limited 1.89% Kalpataru Power Transmission Limited 0.15%

NMDC Limited 1.77% Limited 0.12%

Page Industries Limited 1.66% TOTAL 94.20%

Havells India Limited 1.58% Others: Debt, money-market, current assets and cash 5.80%

L&T Finance Holdings Ltd 1.42%

Siemens Limited 1.19%

GRAND TOTAL 100.00%

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not indicative of future performance.