Tata Young Citizens’ Fund (An open ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier))

As on 31st July 2020 PORTFOLIO

INVESTMENT STYLE Company name No. of Shares Market Value % of Company name No. of Shares Market Value % of An equity-oriented scheme that aims to create long term Rs. Lakhs Assets Rs. Lakhs Assets wealth through quality companies providing long term Equity & Equity Related Total 16430.00 92.45 Healthcare Services growth opportunities. The debt portion aims to generate Auto Ancillaries Narayana Hrudayalaya Ltd. 80000 231.96 1.31 regular income through quality debt securities. MRF Ltd. 770 470.07 2.65 Pesticides INVESTMENT OBJECTIVE Ltd. 25600 338.44 1.90 Bayer Cropscience Ltd. 5900 327.64 1.84 The investment objective of the Scheme is to generate long Banks Petroleum Products term capital growth. However, there is no assurance or guarantee that the investment objective of the Scheme will HDFC Bank Ltd. 145000 1497.56 8.43 Ltd. 84000 1736.36 9.77 be achieved. The scheme does not assure or guarantee ICICI Bank Ltd. 266000 922.49 5.19 Pharmaceuticals any return. Ltd. 46500 635.07 3.57 Cadila Healthcare Ltd. 140000 543.76 3.06 DATE OF ALLOTMENT Ltd. 63000 271.94 1.53 Dr Reddys Laboratories Ltd. 9600 434.02 2.44

October 14, 1995 Cement Sun Pharmaceutical Industries Ltd. 52000 276.48 1.56 Ultratech Cement Ltd. 4500 185.28 1.04 Divi Laboratories Ltd. 10400 272.12 1.53 FUND MANAGER Commercial Services Software Akhil Mittal (Managing Since 30-Jul-15 and overall 3M Ltd. 1000 210.78 1.19 Ltd. 84000 811.44 4.57 experience of 19 years) (Debt), Amey Sathe (Managing Consumer Durables Since 20-Apr-20 and overall experience of 13 years) Tata Consultancy Services Ltd. 29000 661.61 3.72 (Equity) & Rahul Singh (Managing Since 20-Apr-20 and Ltd. 37000 386.00 2.17 Oracle Financials Services Soft Ltd. 10300 302.60 1.70 overall experience of 25 years) (Equity) Ltd. 37500 224.40 1.26 Persistent Systems Ltd. 25500 234.12 1.32 Amber Enterprises India Ltd. 14000 207.55 1.17 Ltd. 21500 232.93 1.31 BENCHMARK Consumer Non Durables Telecom - Services S&P BSE 200 TRI ITC Ltd. 250000 485.38 2.73 Ltd. 121000 671.37 3.78 NAV Ltd. 19600 433.14 2.44 Other Equities^ 312.76 1.76 Direct : 27.1872 Jubilant Foodworks Ltd. 17500 301.08 1.69 Name of the Instrument Ratings Market Value % to Reg : 25.2170 Radico Khaitan Ltd. 66300 244.32 1.37 Rs. Lakhs NAV Ltd. 42000 244.10 1.37 Debt Instruments FUND SIZE Ltd. 46000 196.90 1.11 Non-Convertible Debentures/Bonds 516.98 2.91 Rs. 177.71 (Rs. in Cr.) Fertilisers 07.90 % India Infradebt Ltd. CRISIL- AAA 516.98 2.91 MONTHLY AVERAGE AUM Ltd. 24000 187.22 1.05 Privately Placed/Unlisted 412.70 2.32 Rs. 175.52 (Rs. in Cr.) Finance 08.10 % Sbi Cards & Payment CRISIL- AAA 412.70 2.32 Ltd. 34400 438.19 2.47 Services Ltd. TURN OVER Housing Development Finance 24000 427.67 2.41 Portfolio Turnover (Total) 60.94% Portfolio Turnover (Equity component only) 56.67% Corporation Ltd. Repo 380.76 2.14 ICICI Lombard General Insurance Co. Ltd. 27000 351.97 1.98 EXPENSE RATIO** Portfolio Total 17740.44 99.83 HDFC Life Insurance Co. Ltd. 44000 275.92 1.55 Direct 1.72 Cash / Net Current Asset 30.39 0.17 Gas Regular 2.52 Net Assets 17770.83 100.00 **Note: The rates specified are actual month end expenses charged as Gas Ltd. 80000 231.40 1.30 on Jul 31, 2020. The above ratio includes the Service tax on Ltd. 53000 213.96 1.20 ^ Exposure less than 1% has been clubbed under Other Equities Investment Management Fees. The above ratio excludes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-30 cities assets, wherever applicable. VOLATILITY MEASURES^ FUND BENCHMARK Std. Dev (Annualised) 18.86 21.44 Sharpe Ratio -0.03 0.02 SIP - If you had invested INR 10000 every month Portfolio Beta 0.84 1.00 1 Year 3 Year 5 Year 7 Year 10 Year Since Inception R Squared 0.92 1.00 Total Amount Invested (Rs.) 120,000 360,000 600,000 840,000 1,200,000 2,940,000 Treynor -0.22 0.15 Jenson -0.31 NA Total Value as on Jul 31, 2020 (Rs.) 126,515 362,877 638,035 985,173 1,665,054 13,247,124 Portfolio Macaulay Duration : 1.65 Years Returns 10.24% 0.52% 2.43% 4.49% 6.38% 10.76% Modified Duration : 1.55 Years Total Value of B: S&P BSE 200 TRI 125,369 371,977 701,718 1,117,460 1,954,793 19,278,562 Average Maturity 1.86 Years B: S&P BSE 200 TRI 8.42% 2.14% 6.20% 8.02% 9.43% 13.18% Gross Yield to Maturity (For Debt Component)* Total Value of AB: S&P BSE Sensex TRI 125,274 386,551 735,352 1,142,516 1,978,465 19,260,287 - Excluding Net Current Assets : 5.57% AB: S&P BSE Sensex TRI 8.27% 4.68% 8.07% 8.65% 9.66% 13.18% *Computed on the invested amount for debt portfolio. ^Risk-free rate based on the FBIL Overnight MIBOR rate of 3.86% as (Inception date :14-Oct-1995) (First Installment date : 01-Feb-1996) on Jul 31, 2020 Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to For calculation methodology please refer to Pg 62 consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. MINIMUM INVESTMENT/ For scheme performance refer pages 49-63. *B: Benchmark, AB: Additional Benchmark MUL TIPLES FOR NEW INVESTMENT Source: MFI Explorer Rs. 500/- and in multiples of Rs. 500/- thereafter. Top 10 Holdings Equity Sector Allocation ADDITIONAL INVESTMENT/ MUL TIPLES FOR EXISTING INVESTORS Issuer Name % to NAV Financial Services 28.00% Rs. 500/- and in multiples of Rs. 500/- thereafter. Reliance Industries Ltd. 9.77 HDFC Bank Ltd. 8.43 Consumer Goods 16.21% LOAD STRUCTURE IT 12.62% ICICI Bank Ltd. 5.19 Entry Load : Not Applicable Oil & Gas 12.28% Infosys Ltd. 4.57 Pharma 8.59% Exit Load : Compulsory Lock-in Option: 5 years or till Bharti Airtel Ltd. 3.78 Automobile 4.55% the child attains age of majority Telecom 3.78% (whichever is earlier). If redeemed before Tata Consultancy Services Ltd. 3.72 Fertilisers & Pesticides 2.90% child attains 18 years of age, Exit load is Kotak Mahindra Bank 3.57 Healthcare Services 1.31% 1% (Effective from May 3, 2018) Cadila Healthcare Ltd. 3.06 Services 1.19% ITC Ltd. 2.73 Cement & Cement Products 1.04% Please refer to our Tata Mutual Fund website for MRF Ltd. 2.65 fundamental changes, wherever applicable Total 47.47 0.00% 6.00% 12.00% 18.00% 24.00% 30.00% Market Capitalisation wise Exposure (Equity component only) NAV Movement

Large Cap 78.72% Tata Young Citizens Fund - Reg S&P BSE 200 TRI 130 Mid Cap 13.74% 118 106 Small Cap 7.54% 94 82 70 Market Capitalisation is as per list provided by AMFI. Jul-17 Jul-18 Jul-19 Jul-20 www.tatamutualfund.com Mutual Fund investments are subject to market risks, read all scheme related documents carefully TATA MUTUAL FUND 48