FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FRANKLIN TAXSHIELD TEMPLETON INDIA GROWTH FUND (CONTD.) FRANKLIN INDIA PRIMA FUND (CONTD.) Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets (` in Lakhs) Assets

Totals 66,395.04 96.37 Bosch Ltd. Auto Ancillaries 8,994 791.85 1.04 Equity & Equity Related TVS Motor Co. Ltd. Auto 1,687,538 712.98 0.94 (a) Listed/Awaiting listing on Stock Exchanges Call, Cash & Other Assets 2,489.77 3.63 Indian Oil Corp. Ltd. Petroleum Products 273,621 685.56 0.90 ICICI Bank Ltd. Banks 585,000 6,184.91 6.91 Pipavav Port Ltd. Transportation 1,296,549 674.85 0.89 Ltd. Software 200,000 5,068.00 5.67 Net Assets 68,884.81 100.00 Union Ltd. Banks 250,000 519.13 0.68 Ltd. Telecom - Services 1,840,000 4,873.24 5.45 Ltd. Consumer Non Durables 100,000 475.95 0.63 Note: HDFC Bank Ltd. Banks 721,000 4,532.93 5.07 TV18 Broadcast Ltd. Media & Entertainment 1,777,225 424.76 0.56 Ltd. Cement 120,000 3,978.48 4.45 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Ltd. Consumer Non Durables 199,674 398.25 0.52 Ltd. Petroleum Products 316,000 2,643.97 2.96 NAV as on 31-Mar-2012 Co. Ltd. Gas 116,155 397.83 0.52 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 143,000 2,355.78 2.63 Dividend Plan (`)# 46.0793 Crompton Greaves Ltd. Industrial Capital Goods 300,000 378.60 0.50 IndusInd Bank Ltd. Banks 658,000 2,328.00 2.60 Growth Plan (`)# 110.1152 FAG Bearings (India) Ltd. Industrial Products 20,247 356.41 0.47 Ltd. Pharmaceuticals 420,000 2,023.56 2.26 NAV as on 30-Sep-2012 India Ltd. Consumer Non Durables 233,064 342.37 0.45 India Ltd. Industrial Products 395,000 2,004.82 2.24 Dividend Plan (`)# 48.1509 Kansai Nerolac Paints Ltd. Consumer Non Durables 34,760 324.21 0.43 ` Ltd. Pharmaceuticals 228,000 1,988.62 2.22 Growth Plan ( )# 115.0655 Adhunik Metaliks Ltd. Ferrous Metals 570,908 169.56 0.22 Ltd. Auto 86,000 1,977.79 2.21 b) Dividends declared during the Half - year ended September 30, 2012: NIL Bajaj Electricals Ltd. Consumer Durables 14,045 27.76 0.04 Infotech Enterprises Ltd. Software 6,666 12.57 0.02 Bosch Ltd. Auto Ancillaries 22,000 1,936.94 2.17 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 6.35% Total 72,095.18 95.02 Ltd. Banks 295,000 1,911.31 2.14 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 960,000 1,894.56 2.12 FRANKLIN INDIA SMALLER COMPANIES FUND (b) Unlisted** Oil & Natural Gas Corp. Ltd. Oil 670,000 1,878.68 2.10 TV18 Broadcast Ltd. (Rights) Media & Entertainment 7,277,481 229.24 0.30 Company Name Industry Classification Quantity Market Value % to Net Power Grid Corp. of India Ltd. Power 1,510,000 1,817.28 2.03 (`in Lakhs) Assets Him Techno 170,000 0.02 0.00* Mahindra & Mahindra Ltd. Auto 205,000 1,772.23 1.98 Numero Uno International Ltd. 8,100 0.00 0.00* Ltd. Minerals/Mining 484,000 1,739.74 1.94 Equity & Equity Related Total 229.26 0.30

Axis Bank Ltd. Banks 150,000 1,705.13 1.91 (a) Listed/Awaiting listing on Stock Exchanges Debt Instruments Rating Ltd. Chemicals 1,088,601 2,246.86 6.70 Marico Ltd. Consumer Non Durables 850,000 1,695.32 1.90 (a) Privately Placed / Unlisted Crisil Ltd. Finance 172,500 1,664.80 1.86 IPCA Laboratories Ltd. Pharmaceuticals 440,134 2,120.57 6.33 Ltd. CRISIL A1+ 629,269 95.17 0.13 Ltd. Pharmaceuticals 425,000 1,617.55 1.81 Amara Raja Batteries Ltd. Auto Ancillaries 818,574 1,795.95 5.36 Total 95.17 0.13 JK Lakshmi Cement Ltd. Cement 1,518,612 1,731.98 5.17 Amara Raja Batteries Ltd. Auto Ancillaries 720,000 1,579.68 1.77 IndusInd Bank Ltd. Banks 392,746 1,389.54 4.15 Totals 72,419.61 95.45 Oracle Financial Services Software Ltd. Software 49,000 1,475.39 1.65 Mahindra & Mahindra Financial Services Ltd. Finance 142,095 1,276.65 3.81 Gujarat State Petronet Ltd. Gas 1,650,000 1,330.72 1.49 Orient Paper & Industries Ltd. Cement 1,469,559 1,088.21 3.25 Call, Cash & Other Assets 3,450.54 4.55 Jagran Prakashan Ltd. Media & Entertainment 1,353,714 1,236.62 1.38 VST Industries Ltd. Consumer Non Durables 55,000 973.39 2.90 Net Assets 75,870.15 100.00 ICRA Ltd. Finance 90,000 1,156.54 1.29 Ltd. Construction Project 768,800 957.92 2.86 Ltd. Pharmaceuticals 155,000 1,076.71 1.20 Berger Paints India Ltd. Consumer Non Durables 629,862 925.27 2.76 *Less than 0.01% Note: GlaxoSmithkline Ltd. Banks 202,506 902.67 2.69 Consumer Healthcare Ltd. Consumer Non Durables 35,000 1,047.78 1.17 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 451,960 891.94 2.66 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Pidilite Industries Ltd. Chemicals 507,572 1,047.63 1.17 Ltd. Banks 209,384 800.27 2.39 NAV as on 31-Mar-2012 Shree Cements Ltd. Cement 25,000 988.49 1.11 ICRA Ltd. Finance 60,000 771.03 2.30 Dividend Plan (`)# 35.9659 Yes Bank Ltd. Banks 255,000 974.61 1.09 Navneet Publications India Ltd. Media & Entertainment 1,302,032 749.97 2.24 Growth Plan (`)# 269.6834 GAIL India Ltd. Gas 238,000 911.66 1.02 Rallis India Ltd. Pesticides 511,200 743.28 2.22 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 46,000 909.44 1.02 FDC Ltd. Pharmaceuticals 806,547 720.25 2.15 NAV as on 30-Sep-2012 Jagran Prakashan Ltd. Media & Entertainment 768,694 702.20 2.10 Ltd. Consumer Non Durables 22,000 866.03 0.97 Dividend Plan (`)# 34.9333 Deepak Fertilizers & Petrochemicals Corp. Ltd. Chemicals 529,587 696.94 2.08 Ltd. Non - Ferrous Metals 680,000 819.40 0.92 Growth Plan (`)# 296.0933 Ltd. Auto Ancillaries 237,417 674.62 2.01 Indian Oil Corp. Ltd. Petroleum Products 325,000 814.29 0.91 Sobha Developers Ltd. Construction 170,319 620.39 1.85 b) Dividends declared during the Half - year ended September 30, 2012: Ltd. Pharmaceuticals 63,895 798.66 0.89 Cummins India Ltd. Industrial Products 111,531 566.08 1.69 Plan Name Dividend per unit Ltd. Industrial Capital Goods 65,000 783.70 0.88 AIA Engineering Ltd. Industrial Capital Goods 156,827 561.91 1.68

Gateway Distriparks Ltd. Transportation 500,000 729.75 0.82 Pfizer Ltd. Pharmaceuticals 42,453 530.64 1.58 Dividend Plan 4.0000 Gujarat Pipavav Port Ltd. Transportation 1,300,000 676.65 0.76 Supreme Industries Ltd. Industrial Products 184,123 519.78 1.55 Polaris Financial Technology Ltd. Software 464,096 605.41 0.68 Finolex Cables Ltd. Industrial Products 1,248,382 513.09 1.53 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 16.28% TVS Motor Co. Ltd. Auto 1,180,000 498.55 0.56 Wyeth Ltd. Pharmaceuticals 49,222 490.67 1.46 d) ** Total value and percentage of illiquid securities ` 229.26 Lakhs and 0.30% of net assets Chennai Petroleum Corp. Ltd. Petroleum Products 383,199 495.28 0.55 Gujarat State Petronet Ltd. Gas 606,716 489.32 1.46 India Cements Ltd. Cement 500,000 474.75 0.53 TV18 Broadcast Ltd. Media & Entertainment 2,021,969 483.25 1.44 FRANKLIN INFOTECH FUND Wabco India Ltd Auto Ancillaries 28,376 458.98 1.37 Kansai Nerolac Paints Ltd. Consumer Non Durables 46,347 432.28 0.48 Company Name Industry Classification Quantity Market Value % to Net Grindwell Norton Ltd. Industrial Products 172,491 458.74 1.37 Balkrishna Industries Ltd. Auto Ancillaries 150,000 426.22 0.48 (`in Lakhs) Assets Gateway Distriparks Ltd. Transportation 295,986 431.99 1.29 Aditya Birla Nuvo Ltd. Services 45,000 403.81 0.45 Bharti Airtel Ltd. Telecom - Services 159,459 422.33 1.26 SKF India Ltd. Industrial Products 60,000 398.61 0.45 Equity & Equity Related Polaris Financial Technology Ltd. Software 300,000 391.35 1.17 Ltd. Software 100,000 381.30 0.43 (a) Listed / Awaiting listing on Stock Exchanges Consolidated Construction Consortium Ltd. Construction 2,534,565 360.42 1.08 Infosys Ltd. Software 195,000 4,941.30 42.94 Voltas Ltd. Construction Project 200,000 249.20 0.28 TVS Motor Co. Ltd. Auto 851,631 359.81 1.07 Idea Cellular Ltd. Telecom - Services 250,000 213.38 0.24 Greaves Cotton Ltd. Industrial Products 442,824 345.62 1.03 Tata Consultancy Services Ltd. Software 270,000 3,493.80 30.36 Total 83,396.18 93.27 Zydus Wellness Ltd. Consumer Non Durables 81,976 338.19 1.01 Wipro Ltd. Software 316,666 1,207.45 10.49 Gujarat Pipavav Port Ltd. Transportation 643,515 334.95 1.00 Oracle Financial Services Software Ltd. Software 24,000 722.64 6.28 (b) Unlisted** Ltd. Auto Ancillaries 187,859 288.08 0.86 Infotech Enterprises Ltd. Software 200,000 377.20 3.28 Quantum Information Services 3,500 0.05 0.00* Triveni Turbine Ltd. Industrial Capital Goods 519,047 240.06 0.72 Eclerx Services Ltd. Software 30,000 233.27 2.03 Globsyn Technologies Ltd. 30,000 0.00 0.00* Eclerx Services Ltd. Software 20,000 155.51 0.46 Ltd. Software 30,000 120.68 1.05 Numero Uno International Ltd. 2,900 0.00 0.00* Zuari Global Ltd. Fertilisers 77,862 110.25 0.33 Polaris Financial Technology Ltd. Software 50,000 65.23 0.57 Total 0.05 0.00* Adhunik Metaliks Ltd. Ferrous Metals 352,124 104.58 0.31 HCL Technologies Ltd. Software 10,000 57.73 0.50 Total 31,735.50 94.70 Firstsource Solutions Ltd. Software 400,000 37.92 0.33 Debt Instruments Rating Ltd. Software 5,000 33.08 0.29 (a) Listed/Awaiting listing on Stock Exchanges (b) Unlisted** Mastek Ltd. Software 15,000 20.66 0.18 Non-Traded/Thinly Traded Scrips TV18 Broadcast Ltd. (Rights) Media & Entertainment 8,279,677 260.81 0.78 Total 11,310.96 98.30 Dr. Reddy's Laboratories Ltd. ICRA AA+ 510,000 25.64 0.03 Zuari Holdings Ltd. 77,862 234.57 0.70 Total 25.64 0.03 Total 495.38 1.48 (b)Unlisted** Totals 83,421.87 93.30 Totals 32,230.88 96.18 Collabera Solutions Pvt. Ltd. 970,000 21.11 0.18 Total 21.11 0.18 Call, Cash & Other Assets 6,031.12 6.70 Call, Cash & Other Assets 1,284.57 3.82

Totals 11,332.07 98.48 Net Assets 33,515.45 100.00 Net Assets 89,452.99 100.00 Note: Call, Cash & Other Assets 175.71 1.52

*Less than 0.01% a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Note: Net Assets 11,507.78 100.00 NAV as on 31-Mar-2012 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Dividend Plan (`)# 12.6576 Note: Growth Plan (`)# 13.6704 NAV as on 31-Mar-2012 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 ` Dividend Plan ( )# 27.9243 NAV as on 30-Sep-2012 NAV as on 31-Mar-2012 ` ` Growth Plan ( )# 213.4868 Dividend Plan ( )# 14.3998 Dividend Plan (`)# 18.5638 ` Growth Plan ( )# 15.5520 Growth Plan (`)# 65.1963 NAV as on 30-Sep-2012 b) Dividends declared during the Half - year ended September 30, 2012: NIL Dividend Plan (`)# 29.7092 NAV as on 30-Sep-2012 Growth Plan (`)# 227.1322 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 9.76% Dividend Plan (`)# 18.2064 ` Growth Plan (`)# 63.9413 b) Dividends declared during the Half - year ended September 30, 2012: NIL d) ** Total value and percentage of illiquid securities 495.38 Lakhs and 1.48% of net assets b) Dividends declared during the Half - year ended September 30, 2012: NIL c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 19.51% FRANKLIN INDIA PRIMA FUND c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 1.26% d) ** Total value and percentage of illiquid securities ` 0.05 Lakhs and 0.0001% of net assets Company Name Industry Classification Quantity Market Value % to Net d) ** Total value and percentage of illiquid securities ` 21.11 Lakhs and 0.18% of net assets (`in Lakhs) Assets

Equity & Equity Related FRANKLIN INDIA OPPORTUNITIES FUND TEMPLETON INDIA GROWTH FUND (a) Listed/Awaiting listing on Stock Exchanges Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net IPCA Laboratories Ltd. Pharmaceuticals 926,899 4,465.80 5.89 (`in Lakhs) Assets (`in Lakhs) Assets Pidilite Industries Ltd. Chemicals 2,139,297 4,415.51 5.82 IndusInd Bank Ltd. Banks 901,473 3,189.41 4.20 Equity & Equity Related Equity & Equity Related Amara Raja Batteries Ltd. Auto Ancillaries 1,262,094 2,769.03 3.65 (a) Listed/Awaiting listing on Stock Exchanges (a) Listed/Awaiting listing on Stock Exchanges Mahindra & Mahindra Financial Services Ltd. Finance 303,387 2,725.78 3.59 Larsen & Toubro Ltd. Construction Project 107,865 1,722.33 5.30 ING Vysya Bank Ltd. Banks 1,857,340 7,564.02 10.98 Shree Cements Ltd. Cement 67,273 2,659.94 3.51 ICICI Bank Ltd. Banks 161,799 1,710.62 5.27 Ltd. Chemicals 2,252,987 7,219.70 10.48 Torrent Pharmaceuticals Ltd. Pharmaceuticals 356,066 2,473.41 3.26 ITC Ltd. Consumer Non Durables 556,689 1,513.64 4.66 Hindalco Industries Ltd. Non - Ferrous Metals 4,100,000 4,940.50 7.17 Cadila Healthcare Ltd. Pharmaceuticals 282,650 2,465.27 3.25 HDFC Bank Ltd. Banks 234,347 1,473.34 4.54 Sundaram Finance Ltd. Finance 543,036 4,460.77 6.48 Federal Bank Ltd. Banks 542,047 2,416.17 3.18 Ltd. Banks 128,514 1,460.88 4.50 Reliance Industries Ltd. Petroleum Products 455,000 3,806.98 5.53 Yes Bank Ltd. Banks 552,564 2,111.90 2.78 Reliance Industries Ltd. Petroleum Products 170,758 1,428.73 4.40 Bajaj Holdings and Investment Ltd. Finance 475,000 3,769.60 5.47 Tata Chemicals Ltd. Chemicals 614,508 1,969.19 2.60 Banks 55,376 1,239.26 3.82 Gujarat State Petronet Ltd. Gas 2,384,058 1,922.74 2.53 Grasim Industries Ltd. Cement 110,000 3,646.94 5.29 Bharti Airtel Ltd. Telecom - Services 436,128 1,155.09 3.56 GlaxoSmithkline Consumer Oil & Natural Gas Corp. Ltd. Oil 1,240,000 3,476.96 5.05 IPCA Laboratories Ltd. Pharmaceuticals 204,596 985.74 3.04 Healthcare Ltd. Consumer Non Durables 63,480 1,900.37 2.50 ICICI Bank Ltd. Banks 300,000 3,171.75 4.60 Housing Development Finance Corp. Ltd. Finance 126,172 975.18 3.00 Bharti Airtel Ltd. Telecom - Services 692,467 1,834.00 2.42 Tata Investment Corp. Ltd. Finance 699,785 3,078.00 4.47 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 57,889 953.66 2.94 Coromandel International Ltd. Fertilisers 629,269 1,814.18 2.39 Polaris Financial Technology Ltd. Software 607,540 792.54 2.44 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 160,000 2,635.84 3.83 Voltas Ltd. Construction Project 1,449,100 1,805.58 2.38 Yes Bank Ltd. Banks 206,448 789.04 2.43 Infosys Ltd. Software 97,541 2,471.69 3.59 Cummins India Ltd. Industrial Products 340,167 1,726.52 2.28 Ltd. Auto 286,920 767.37 2.36 Reliance Infrastructure Ltd. Power 400,000 2,154.80 3.13 Thermax Ltd. Industrial Capital Goods 306,033 1,717.46 2.26 Infosys Ltd. Software 29,462 746.57 2.30 India Ltd. Auto 150,000 2,024.85 2.94 Finolex Cables Ltd. Industrial Products 4,112,992 1,690.44 2.23 Ltd. Banks 157,467 678.92 2.09 GAIL India Ltd. Gas 490,000 1,876.94 2.72 ICRA Ltd. Finance 127,511 1,638.58 2.16 TTK Prestige Ltd. Consumer Durables 16,671 622.17 1.92 Ltd. Auto Ancillaries 2,000,000 1,849.00 2.68 Jagran Prakashan Ltd. Media & Entertainment 1,790,821 1,635.91 2.16 Torrent Pharmaceuticals Ltd. Pharmaceuticals 88,529 614.97 1.89 E.I.D. - Parry (India) Ltd. Consumer Non Durables 700,000 1,601.95 2.33 Eicher Motors Ltd. Auto 68,900 1,584.53 2.09 Crompton Greaves Ltd. Industrial Capital Goods 484,270 611.15 1.88 JK Cements Ltd. Cement 374,932 944.64 1.37 Carborundum Universal Ltd. Industrial Products 891,479 1,421.91 1.87 Ltd. Banks 291,199 604.67 1.86 HCL Infosystems Ltd. Hardware 2,167,346 938.46 1.36 Navneet Publications India Ltd. Media & Entertainment 2,335,476 1,345.23 1.77 JK Cements Ltd. Cement 234,501 590.83 1.82 Gujarat Gas Co. Ltd. Gas 250,000 856.25 1.24 Karur Vysya Bank Ltd. Banks 318,503 1,303.79 1.72 Crisil Ltd. Finance 128,673 1,241.82 1.64 ACC Ltd. Cement 38,842 570.67 1.76 Federal Bank Ltd. Banks 182,355 812.85 1.18 JK Cements Ltd. Cement 483,600 1,218.43 1.61 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 68,410 474.29 1.46 Coal India Ltd. Minerals/Mining 200,000 718.90 1.04 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 595,273 1,174.77 1.55 Voltas Ltd. Construction Project 372,605 464.27 1.43 Balkrishna Industries Ltd. Auto Ancillaries 200,000 568.30 0.83 Petronet LNG Ltd. Gas 696,800 1,099.20 1.45 CESC Ltd. Power 137,272 454.99 1.40 MOIL Ltd. Ferrous Metals 200,000 504.80 0.73 Deepak Fertilizers & Petrochemicals Corp. Ltd. Chemicals 818,058 1,076.56 1.42 Ltd. Auto 24,376 446.69 1.38 Axis Bank Ltd. Banks 40,000 454.70 0.66 Bayer Cropscience Ltd. Pesticides 89,333 953.00 1.26 GlaxoSmithkline Consumer Idea Cellular Ltd. Telecom - Services 500,000 426.75 0.62 Exide Industries Ltd. Auto Ancillaries 603,868 926.03 1.22 Healthcare Ltd. Consumer Non Durables 14,427 431.89 1.33 Bharti Airtel Ltd. Telecom - Services 100,000 264.85 0.38 Gateway Distriparks Ltd. Transportation 630,656 920.44 1.21 Grasim Industries Ltd. Cement 12,948 429.28 1.32 Ltd. Auto 641,366 154.25 0.22 FDC Ltd. Pharmaceuticals 1,015,593 906.92 1.20 Zee Entertainment Enterprises Ltd. Media & Entertainment 202,938 397.05 1.22 Total 66,395.04 96.37 VST Industries Ltd. Consumer Non Durables 49,877 882.72 1.16 Petronet LNG Ltd. Gas 250,408 395.02 1.22 FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FRANKLIN INDIA OPPORTUNITIES FUND (CONTD.) FRANKLIN INDIA HIGH GROWTH COMPANIES FUND (CONTD.) FRANKLIN INDIA INDEX FUND - NSE NIFTY PLAN (CONTD.)

Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net Note: (` in Lakhs) Assets (` in Lakhs) Assets a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 194,497 383.84 1.18 IPCA Laboratories Ltd. Pharmaceuticals 476,057 2,293.64 3.93 NAV as on 31-Mar-2012 Power Grid Corp. of India Ltd. Power 305,364 367.51 1.13 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 137,677 2,268.09 3.89 Dividend Plan (`)# 41.5431 TVS Motor Co. Ltd. Auto 866,519 366.10 1.13 Pidilite Industries Ltd. Chemicals 857,500 1,769.88 3.04 Growth Plan (`)# 41.5431 Titan Industries Ltd. Consumer Durables 137,931 360.76 1.11 Gujarat State Petronet Ltd. Gas 1,995,150 1,609.09 2.76 Ltd. Consumer Non Durables 46,893 313.13 0.96 Infosys Ltd. Software 60,000 1,520.40 2.61 NAV as on 30-Sep-2012 Mahindra & Mahindra Ltd. Auto 36,053 311.68 0.96 GlaxoSmithkline Consumer Dividend Plan (`)# 44.9969 Ltd. Consumer Non Durables 56,048 305.21 0.94 Healthcare Ltd. Consumer Non Durables 50,000 1,496.82 2.57 Growth Plan (`)# 44.9969 Chennai Petroleum Corp. Ltd. Petroleum Products 226,910 293.28 0.90 Petronet LNG Ltd. Gas 900,000 1,419.75 2.44 Ltd. Ferrous Metals 71,913 288.19 0.89 Mahindra & Mahindra Ltd. Auto 155,000 1,339.98 2.30 b) Dividends declared during the Half - year ended September 30, 2012: NIL Ltd. Power 163,844 287.96 0.89 Federal Bank Ltd. Banks 300,000 1,337.25 2.29 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 20.49% Radico Khaitan Ltd. Consumer Non Durables 239,700 283.68 0.87 Cummins India Ltd. Industrial Products 260,000 1,319.63 2.26 Tata Consultancy Services Ltd. Software 21,784 281.88 0.87 Cadila Healthcare Ltd. Pharmaceuticals 138,000 1,203.64 2.06 FT INDIA FEEDER - FRANKLIN U.S. OPPORTUNITIES FUND Cummins India Ltd. Industrial Products 48,561 246.47 0.76 Torrent Pharmaceuticals Ltd. Pharmaceuticals 170,000 1,180.90 2.03 Company Name Quantity Market Value % to Net (India) Ltd. Software 64,416 224.94 0.69 ICRA Ltd. Finance 89,005 1,143.76 1.96 (` in Lakhs) Assets NTPC Ltd. Power 129,491 217.35 0.67 HDFC Bank Ltd. Banks 175,000 1,100.22 1.89 Kotak Mahindra Bank Ltd. Banks 33,220 215.23 0.66 Gateway Distriparks Ltd. Transportation 725,000 1,058.14 1.82 Mutual Fund Units JK Lakshmi Cement Ltd. Cement 186,537 212.75 0.66 VST Industries Ltd. Consumer Non Durables 59,420 1,051.62 1.80 FTIF - Franklin U.S. Opportunities Fund, Class I (Acc) 1,649,515 16,727.58 99.87 Wipro Ltd. Software 53,704 204.77 0.63 Housing Development Finance Corp. Ltd. Finance 130,093 1,005.49 1.73 Total 16,727.58 99.87

India Cements Ltd. Cement 211,857 201.16 0.62 Shree Cements Ltd. Cement 24,500 968.72 1.66 Totals 16,727.58 99.87 NIIT Technologies Ltd. Software 66,680 198.77 0.61 Infinite Computer Solutions (India) Ltd. Software 702,928 932.79 1.60 Maruti Suzuki India Ltd. Auto 14,407 194.48 0.60 TV18 Broadcast Ltd. Media & Entertainment 3,850,102 920.17 1.58 Call, Cash & Other Assets 21.08 0.13 Dish TV India Ltd. Media & Entertainment 230,256 189.96 0.59 Eicher Motors Ltd. Auto 40,000 919.90 1.58 Kajaria Ceramics Ltd. Construction 93,900 184.47 0.57 CESC Ltd. Power 260,400 863.10 1.48 Net Assets 16,748.66 100.00 Lupin Ltd. Pharmaceuticals 29,637 176.73 0.54 Jagran Prakashan Ltd. Media & Entertainment 944,073 862.41 1.48 Note: Ltd. Auto Ancillaries 69,100 154.13 0.47 Cipla Ltd. Pharmaceuticals 200,000 761.20 1.31 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Ltd. Pharmaceuticals 34,678 146.31 0.45 JK Lakshmi Cement Ltd. Cement 600,000 684.30 1.17 Gateway Distriparks Ltd. Transportation 55,323 80.74 0.25 Coromandel International Ltd. Fertilisers 225,000 648.67 1.11 NAV as on 31-Mar-2012 Total 32,192.33 99.14 Tata Motors Ltd. Auto 400,100 644.36 1.11 Dividend Plan (`)# 11.1000 Gujarat Gas Co. Ltd. Gas 185,200 634.31 1.09 Growth Plan (`)# 11.1000 (b)Unlisted** Balkrishna Industries Ltd. Auto Ancillaries 200,000 568.30 0.97 Hexaware Technologies Ltd. Software 442,900 539.45 0.93 Collabera Solutions Pvt. Ltd. 489,000 10.64 0.03 NAV as on 30-Sep-2012 Gujarat Pipavav Port Ltd. Transportation 1,026,000 534.03 0.92 Numero Uno International Ltd. 98,000 0.01 0.00* Dividend Plan (`)# 10.9344 Simplex Infrastructure Ltd. Construction 250,000 524.12 0.90 Quantum Information Services 44,170 0.60 0.00* Growth Plan (`)# 10.9344 Chennai Interactive Business Services Pvt. Ltd. 23,815 0.00 0.00* Polaris Financial Technology Ltd. Software 386,162 503.75 0.86 Total 11.25 0.03 Carborundum Universal Ltd. Industrial Products 313,231 499.60 0.86 b) Dividends declared during the Half - year ended September 30, 2012: NIL Berger Paints India Ltd. Consumer Non Durables 317,426 466.30 0.80

Lupin Ltd. Pharmaceuticals 68,820 410.37 0.70 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 12.04% Totals 32,203.58 99.17 Consolidated Construction Consortium Ltd. Construction 2,540,628 361.28 0.62

Kansai Nerolac Paints Ltd. Consumer Non Durables 34,760 324.21 0.56 FT INDIA DYNAMIC PE RATIO FUND OF FUNDS Call, Cash & Other Assets 264.51 0.83 Glenmark Pharmaceuticals Ltd. Pharmaceuticals 72,400 305.46 0.52 Company Name Quantity Market Value % to Net Dalmia Bharat Enterprises Ltd. Cement 155,762 266.66 0.46 (` in Lakhs) Assets Net Assets 32,468.09 100.00 Lancor Holdings Ltd. Construction 512,500 207.82 0.36 Mutual Fund Units *Less than 0.01% Adhunik Metaliks Ltd. Ferrous Metals 146,884 43.62 0.07 Note: Total 53,255.98 91.37 Franklin India Bluechip Fund 38,819,207 86,817.45 66.03 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Templeton India Income Fund 120,061,146 45,720.65 34.77 (b)Unlisted** Total 132,538.10 100.80 NAV as on 31-Mar-2012 TV18 Broadcast Ltd. (Rights) Media & Entertainment 15,765,621 496.62 0.85 Dividend Plan (`)# 12.5580 Total 496.62 0.85 Call, Cash & Other Assets (1,034.20) (0.80) Growth Plan (`)# 29.3951 Rating Net Assets 131,503.90 100.00 NAV as on 30-Sep-2012 Debt Instruments Dividend Plan (`)# 13.3032 (a) Listed/Awaiting listing on Stock Exchanges Note: Growth Plan (`)# 31.1395 Non - Traded/Thinly Traded Scrips a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Coromandel International Ltd. CRISIL A1+ 225,000 34.03 0.06 b) Dividends declared during the Half - year ended September 30, 2012: NIL Total 34.03 0.06 NAV as on 31-Mar-2012 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 108.09% Dividend Plan (`)# 33.0243 ` Totals 53,786.63 92.28 d) ** Total value and percentage of illiquid securities 11.25 Lakhs and 0.03% of net assets Growth Plan (`)# 41.7490 Call, Cash & Other Assets 4,501.84 7.72 TEMPLETON INDIA EQUITY INCOME FUND NAV as on 30-Sep-2012 ` Company Name Industry Classification Quantity Market Value % to Net Net Assets 58,288.47 100.00 Dividend Plan ( )# 33.6918 (` in Lakhs) Assets Note: Growth Plan (`)# 43.9372 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Equity & Equity Related b) Aggregate Dividends declared during the Half - year ended September 30, 2012: NAV as on 31-Mar-2012 (a) Listed/Awaiting listing on Stock Exchanges Dividend Plan (`)# 11.1180 Dividend per unit Sundaram Finance Ltd. Finance 1,150,000 9,446.66 9.80 Growth Plan (`)# 12.0978 Plan Name Tata Chemicals Ltd. Chemicals 2,732,129 8,755.11 9.09 NAV as on 30-Sep-2012 Individuals/HUF Others Grasim Industries Ltd. Cement 210,060 6,964.33 7.23 Dividend Plan (`)# 12.2305 Dividend Plan 0.8809 0.7550 Oil & Natural Gas Corp. Ltd. Oil 2,200,000 6,168.80 6.40 Growth Plan (`)# 13.3083 ICICI Bank Ltd. Banks 500,000 5,286.25 5.49 b) Dividends declared during the Half - year ended September 30, 2012: NIL c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 36.38% ING Vysya Bank Ltd. Banks 1,229,832 5,008.49 5.20 JK Cements Ltd. Cement 1,852,534 4,667.46 4.84 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 35.52% FRANKLIN INDIA FLEXI CAP FUND Hindalco Industries Ltd. Non - Ferrous Metals 3,200,000 3,856.00 4.00 d) ** Total value and percentage of illiquid securities ` 496.62 Lakhs and 0.85% of net assets Tata Investment Corp. Ltd. Finance 842,863 3,707.33 3.85 Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets Reliance Industries Ltd. Petroleum Products 340,000 2,844.78 2.95 FRANKLIN INDIA INDEX FUND - NSE NIFTY PLAN Bajaj Holdings and Investment Ltd. Finance 352,737 2,799.32 2.90 Company Name Industry Classification Quantity Market Value % to Net Equity & Equity Related E.I.D.-Parry (India) Ltd. Consumer Non Durables 1,008,276 2,307.44 2.39 ` (in Lakhs) Assets (a) Listed/Awaiting listing on Stock Exchanges GAIL India Ltd. Gas 500,000 1,915.25 1.99 Bharti Airtel Ltd. Telecom - Services 5,159,555 13,665.08 8.01 Gujarat Gas Co. Ltd. Gas 200,000 685.00 0.71 Equity & Equity Related Infosys Ltd. Software 466,789 11,828.43 6.94 HCL Infosystems Ltd. Hardware 1,193,129 516.62 0.54 (a) Listed/Awaiting listing on Stock Exchanges Dr. Reddy's Laboratories Ltd. Pharmaceuticals 596,282 9,823.15 5.76 MOIL Ltd. Ferrous Metals 118,902 300.11 0.31 ITC Ltd. Consumer Non Durables 771,404 2,101.30 8.11 ICICI Bank Ltd. Banks 816,306 8,630.40 5.06 Bharti Airtel Ltd. Telecom - Services 50,000 132.43 0.14 Reliance Industries Ltd. Petroleum Products 245,267 2,053.38 7.92 Axis Bank Ltd. Banks 699,938 7,956.55 4.67 Total 65,361.38 67.83 Infosys Ltd. Software 69,899 1,771.90 6.84 HDFC Bank Ltd. Banks 1,101,567 6,925.55 4.06 ICICI Bank Ltd. Banks 166,750 1,765.55 6.81 Amara Raja Batteries Ltd. Auto Ancillaries 2,767,642 6,072.21 3.56 Foreign Equity Securities HDFC Bank Ltd. Banks 258,621 1,627.11 6.28 Mahindra & Mahindra Ltd. Auto 699,800 6,049.77 3.55 LUKOIL Holdings - ADR Oil 130,000 4,280.24 4.44 Housing Development Finance Corp. Ltd. Finance 194,635 1,507.25 5.82 Power Grid Corp. of India Ltd. Power 4,149,881 4,994.38 2.93 COSCO Pacific Ltd. Transportation 5,298,283 3,930.70 4.08 Larsen & Toubro Ltd. Construction Project 77,404 1,235.99 4.77 Oil & Natural Gas Corp. Ltd. Oil 1,768,190 4,958.00 2.91 United Microelectronics Corp. Semiconductors 11,000,000 2,413.76 2.50 Tata Consultancy Services Ltd. Software 73,571 953.41 3.68 Grasim Industries Ltd. Cement 147,086 4,876.49 2.86 Travelsky Technology Ltd., H Software 8,334,000 2,332.72 2.42 State Bank Of India Banks 37,410 838.21 3.23 Cummins India Ltd. Industrial Products 877,183 4,452.14 2.61 Lotte Shopping Co. Ltd. Retailing 15,000 2,273.06 2.36 Hindustan Unilever Ltd. Consumer Non Durables 150,477 821.38 3.17 State Bank of India Banks 195,869 4,383.35 2.57 IS Yatirim Menkul Degerler AS Finance 3,850,000 1,933.00 2.01 Tata Motors Ltd. Auto 243,183 650.64 2.51 Torrent Pharmaceuticals Ltd. Pharmaceuticals 570,571 3,963.47 2.32 Shanghai Prime Machinery Co. Ltd., H Industrial Products 25,000,000 1,749.40 1.82 Oil & Natural Gas Corp. Ltd. Oil 210,490 591.16 2.28 Gujarat State Petronet Ltd. Gas 4,629,333 3,733.56 2.19 Anglo American PLC Minerals/mining 100,000 1,569.32 1.63 Mahindra & Mahindra Ltd. Auto 65,111 563.01 2.17 Shree Cements Ltd. Cement 90,048 3,560.45 2.09 Uni-President Enterprises Corp. Consumer Non Durables 1,605,000 1,501.13 1.56 Bharti Airtel Ltd. Telecom - Services 175,169 464.99 1.79 Cadila Healthcare Ltd. Pharmaceuticals 407,293 3,552.41 2.08 KT Corp. - ADR Industrial Products 160,000 1,328.38 1.38 Axis Bank Ltd. Banks 37,340 424.18 1.64 NTPC Ltd. Power 1,916,942 3,217.59 1.89 GS Home Shopping Inc. Retailing 25,000 1,308.19 1.36 Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 54,585 379.67 1.46 GlaxoSmithkline Consumer Chongqing Machinery Tata Steel Ltd. Ferrous Metals 91,989 368.78 1.42 Healthcare Ltd. Consumer Non Durables 104,144 3,117.71 1.83 and Electric Co. Ltd., H Industrial Capital Goods 18,780,000 1,301.39 1.35 Bajaj Auto Ltd. Auto 19,576 358.26 1.38 IPCA Laboratories Ltd. Pharmaceuticals 632,003 3,044.99 1.79 Novatek Microelectronics Corp. Ltd. Semiconductors 677,438 1,291.57 1.34 Kotak Mahindra Bank Ltd. Banks 52,087 337.91 1.30 NHPC Ltd. Power 15,550,706 3,009.06 1.76 Embotelladora Andina SA, pfd., A Consumer Non Durables 400,000 989.55 1.03 Coal India Ltd. Minerals/Mining 90,519 324.92 1.25 Wipro Ltd. Software 787,900 3,004.26 1.76 Samsung Heavy Industries Co. Ltd. Consumer Durables 50,000 892.65 0.93 NTPC Ltd. Power 185,079 311.12 1.20 Deepak Fertilizers & Petrochemicals Corp. Ltd. Chemicals 2,230,253 2,935.01 1.72 China Coal Energy Co. Ltd., H Power 1,000,000 481.00 0.50 Grasim Industries Ltd. Cement 9,023 299.04 1.15 Cipla Ltd. Pharmaceuticals 758,900 2,888.37 1.69 Sinotrans Ltd., H Transportation 4,208,000 288.74 0.30 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 17,778 292.56 1.13 Federal Bank Ltd. Banks 616,869 2,749.69 1.61 Total 29,864.80 31.01 Ultra Tech Cement Ltd. Cement 14,500 285.34 1.10 TVS Motor Co. Ltd. Auto 5,662,311 2,392.33 1.40 Bharat Heavy Electricals Ltd. Industrial Capital Goods 114,665 283.17 1.09 VST Industries Ltd. Consumer Non Durables 129,129 2,285.33 1.34 Totals 95,226.18 98.84 Wipro Ltd. Software 73,545 280.24 1.08 Torrent Power Ltd. Power 1,255,963 2,207.35 1.29 Cipla Ltd. Pharmaceuticals 73,573 279.65 1.08 Call, Cash & Other Assets 1,138.80 1.16 Indian Oil Corp. Ltd. Petroleum Products 845,100 2,117.40 1.24 Hero Motocorp Ltd. Auto 13,898 261.32 1.01 Petronet LNG Ltd. Gas 1,275,100 2,011.47 1.18 Net Assets 96,364.98 100.00 Maruti Suzuki India Ltd. Auto 19,189 259.17 1.00 TV18 Broadcast Ltd. Media & Entertainment 7,817,535 1,868.39 1.10 IDFC Ltd. Finance 163,549 252.60 0.97 Note: Gujarat Pipavav Port Ltd. Transportation 3,505,134 1,824.42 1.07 Co. Ltd. Power 234,805 251.12 0.97 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Coal India Ltd. Minerals/Mining 500,000 1,797.25 1.05 GAIL India Ltd. Gas 65,021 248.87 0.96 Tata Motors Ltd. Auto 1,070,238 1,723.62 1.01 NAV as on 31-Mar-2012 Power Grid Corp Of India Ltd. Power 204,831 246.82 0.95 ` Balkrishna Industries Ltd. Auto Ancillaries 600,000 1,704.90 1.00 Dividend Plan ( )# 12.3199 Asian Paints Ltd. Consumer Non Durables 6,249 245.89 0.95 Growth Plan (`)# 19.4090 Pidilite Industries Ltd. Chemicals 742,166 1,531.83 0.90 Jindal Steel & Power Ltd. Ferrous Metals 56,335 240.63 0.93 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 761,129 1,502.09 0.88 NAV as on 30-Sep-2012 Ltd. Cement 115,078 232.46 0.90 Dividend Plan (`)# 12.5723 Lupin Ltd. Pharmaceuticals 225,707 1,345.89 0.79 Hindalco Industries Ltd. Non - Ferrous Metals 187,918 226.82 0.88 Growth Plan (`)# 20.9133 Zuari Global Ltd. Fertilisers 314,768 445.71 0.26 Lupin Ltd. Pharmaceuticals 35,000 208.58 0.80 Jagran Prakashan Ltd. Media & Entertainment 480,243 438.70 0.26 b) Dividends declared during the Half - year ended September 30, 2012: ACC Ltd. Cement 14,178 208.42 0.80 Kansai Nerolac Paints Ltd. Consumer Non Durables 41,712 389.05 0.23 Banks 25,428 202.86 0.78 Plan Name Dividend per unit Consolidated Construction Consortium Ltd. Construction 2,147,302 305.35 0.18 HCL Technologies Ltd. Software 34,963 201.89 0.78 Aditya Birla Nuvo Ltd. Services 12,893 115.70 0.07 Dividend Plan 0.7000 Ltd. Oil 58,086 192.29 0.74 Gateway Distriparks Ltd. Transportation 24,254 35.40 0.02 Ltd. Banks 19,260 161.84 0.62 Total 159,434.25 93.49 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 2.18% Jaiprakash Associates Ltd. Construction 165,985 136.52 0.53 Corp. Ltd. Petroleum Products 37,697 131.45 0.51 FRANKLIN INDIA HIGH GROWTH COMPANIES FUND Ltd. Industrial Capital Goods 17,491 124.02 0.48 (b)Unlisted** Company Name Industry Classification Quantity Market Value % to Net DLF Ltd. Construction 52,704 122.93 0.47 TV18 Broadcast Ltd. (Rights) Media & Entertainment 31,938,247 1,006.05 0.59 (` in Lakhs) Assets Ranbaxy Laboratories Ltd. Pharmaceuticals 21,990 116.49 0.45 Zuari Holdings Ltd. 314,768 948.31 0.56 Reliance Infrastructure Ltd. Power 20,040 107.74 0.42 Total 1,954.36 1.15 Equity & Equity Related Sesa Goa Ltd. Minerals/Mining 55,640 95.26 0.37 (a) Listed/Awaiting listing on Stock Exchanges Total 25,646.11 98.93 Totals 161,388.61 94.64 Bharti Airtel Ltd. Telecom - Services 1,677,114 4,441.84 7.62 ICICI Bank Ltd. Banks 385,000 4,070.41 6.98 Call, Cash & Other Assets 272.57 1.07 Call, Cash & Assets 9,111.31 5.36 Amara Raja Batteries Ltd. Auto Ancillaries 1,492,696 3,274.98 5.62 Axis Bank Ltd. Banks 260,000 2,955.55 5.07 Net Assets 25,918.68 100.00 Net Assets 170,499.92 100.00 FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FRANKLIN INDIA FLEXI CAP FUND (CONTD.) FT INDIA LIFE STAGE FUND OF FUNDS - THE 20'S PLAN FRANKLIN INDIA BLUECHIP FUND

Note: Company Name Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 NAV as on 31-Mar-2012 Mutual Fund Units Equity & Equity Related Dividend Plan (`)# 12.0926 Franklin India Bluechip Fund 240,912 538.72 49.72 (a) Listed/Awaiting listing on Stock Exchanges Growth Plan (`) # 30.8864 Franklin India Prima Fund 56,557 167.46 15.46 ICICI Bank Ltd. Banks 3,300,000 34,889.25 6.95 NAV as on 30-Sep-2012 Templeton India Growth Fund 139,185 160.15 14.78 Bharti Airtel Ltd. Telecom - Services 11,300,000 29,928.05 5.96 Dividend Plan (`)# 12.8986 Templeton India Income Builder Account 289,041 109.54 10.11 Infosys Ltd. Software 1,150,000 29,141.00 5.80 ` Growth Plan ( )# 32.9451 Templeton India Income Fund 284,476 108.32 10.00 HDFC Bank Ltd. Banks 4,000,000 25,148.00 5.01 b) Dividends declared during the Half - year ended September 30, 2012 NIL Total 1,084.19 100.07 Grasim Industries Ltd. Cement 680,000 22,544.72 4.49 Reliance Industries Ltd. Petroleum Products 2,250,000 18,825.75 3.75 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 40.62% Call, Cash & Other Assets (0.79) (0.07) Dr. Reddy's Laboratories Ltd. Pharmaceuticals 1,030,000 16,968.22 3.38 ` Oil & Natural Gas Corp. Ltd. Oil 5,700,000 15,982.80 3.18 d) ** Total value and percentage of illiquid securities 1,954.36 Lakhs and 1.15% of net assets Net Assets 1,083.40 100.00 Coal India Ltd. Minerals/Mining 3,800,000 13,659.10 2.72 FT INDIA LIFE STAGE FUND OF FUNDS - THE 50'S PLUS FLOATING RATE PLAN Note: Kotak Mahindra Bank Ltd. Banks 2,100,000 13,605.90 2.71 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Company Name Quantity Market Value % to Net IndusInd Bank Ltd. Banks 3,700,000 13,090.60 2.61 (` in Lakhs) Assets Power Grid Corp. of India Ltd. Power 10,000,000 12,035.00 2.40 NAV as on 31-Mar-2012 Cummins India Ltd. Industrial Products 2,300,000 11,673.65 2.33 ` Mutual Fund Units Dividend Option ( )# 27.2694 NTPC Ltd. Power 6,600,000 11,078.10 2.21 Growth Option (`)# 37.2557 Templeton Floating Rate Income Fund 26,349,870 5,409.39 79.87 Cadila Healthcare Ltd. Pharmaceuticals 1,230,000 10,728.06 2.14 Franklin India Bluechip Fund 458,149 1,024.50 15.13 NAV as on 30-Sep-2012 Mahindra & Mahindra Ltd. Auto 1,200,000 10,374.00 2.07 Templeton India Growth Fund 296,445 341.11 5.04 Dividend Option (`)# 28.7435 Axis Bank Ltd. Banks 900,000 10,230.75 2.04 Total 6,775.00 100.04 Growth Option (`)# 39.2696 GlaxoSmithkline Consumer Healthcare Ltd. Consumer Non Durables 340,000 10,178.41 2.03 Call, Cash & Other Assets (2.30) (0.04) b) Dividends declared during the Half - year ended September 30, 2012: NIL Asian Paints Ltd. Consumer Non Durables 252,306 9,932.03 1.98

Cipla Ltd. Pharmaceuticals 2,500,000 9,515.00 1.90 Net Assets 6,772.70 100.00 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 6.51% Bajaj Auto Ltd. Auto 500,000 9,162.50 1.83 Note: FRANKLIN INDIA INDEX FUND - BSE SENSEX PLAN Bharat Electronics Ltd. Industrial Capital Goods 730,000 8,801.61 1.75 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Hindalco Industries Ltd. Non - Ferrous Metals 7,000,000 8,435.00 1.68 Company Name Industry Classification Quantity Market Value % to Net Larsen & Toubro Ltd. Construction Project 500,000 7,983.75 1.59 NAV as on 31-Mar-2012 (` in Lakhs) Assets Oracle Financial Services Software Ltd. Software 265,000 7,979.15 1.59 Dividend Option (`)# 13.0514 Equity & Equity Related GAIL India Ltd. Gas 2,000,000 7,661.00 1.53 Growth Option (`)# 20.6908 (a) Listed/Awaiting listing on Stock Exchanges Wipro Ltd. Software 2,000,000 7,626.00 1.52 NAV as on 30-Sep-2012 Reliance Industries Ltd. Petroleum Products 83,270 696.72 9.59 Indian Oil Corp. Ltd. Petroleum Products 2,900,000 7,265.95 1.45 Dividend Option (`)# 13.3356 ITC Ltd. Consumer Non Durables 249,676 678.87 9.35 Nestle India Ltd. Consumer Non Durables 164,000 7,173.93 1.43 Growth Option (`)# 21.6337 Infosys Ltd. Software 22,562 571.72 7.87 NHPC Ltd. Power 36,000,000 6,966.00 1.39 ICICI Bank Ltd. Banks 53,094 561.34 7.73 NMDC Ltd. Minerals/Mining 3,350,000 6,492.30 1.29 b) Aggregate Dividends declared during the Half - year ended September 30, 2012: HDFC Bank Ltd. Banks 85,919 540.17 7.44 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 300,000 5,931.15 1.18 Housing Development Finance Corp. Ltd. Finance 62,045 479.55 6.60 Yes Bank Ltd. Banks 1,500,000 5,733.00 1.14 Dividend per unit Larsen & Toubro Ltd. Construction Project 25,286 403.75 5.56 Ltd. Ferrous Metals 6,000,000 5,127.00 1.02 Plan Name Tata Consultancy Services Ltd. Software 27,191 351.85 4.84 Crompton Greaves Ltd. Industrial Capital Goods 4,000,000 5,048.00 1.01 Individuals/HUF Others State Bank of India Banks 13,062 292.31 4.02 Union Bank of India Ltd. Banks 2,300,004 4,775.96 0.95 Hindustan Unilever Ltd. Consumer Non Durables 50,395 274.43 3.78 Dividend Option 0.2731 0.2341 Torrent Power Ltd. Power 2,585,437 4,543.91 0.91 Oil & Natural Gas Corp. Ltd. Oil 83,761 234.87 3.23 Tata Motors Ltd. Auto 2,500,000 4,026.25 0.80 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 3.32% Tata Motors Ltd. Auto 78,415 209.72 2.89 Bank of Baroda Banks 420,000 3,353.91 0.67 Mahindra & Mahindra Ltd. Auto 20,616 178.23 2.45 India Cements Ltd. Cement 3,100,000 2,943.45 0.59 FT INDIA LIFE STAGE FUND OF FUNDS - THE 50'S PLUS PLAN Bharti Airtel Ltd. Telecom - Services 61,421 162.67 2.24 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 18,722 129.80 1.79 Idea Cellular Ltd. Telecom - Services 2,500,000 2,133.75 0.43 Company Name Quantity Market Value % to Net NTPC Ltd. Power 76,167 127.85 1.76 Total 458,691.96 91.41 (` in Lakhs) Assets Bajaj Auto Ltd. Auto 6,691 122.61 1.69 Tata Steel Ltd. Ferrous Metals 29,484 118.16 1.63 Foreign Equity Securities Mutual Fund Units Wipro Ltd. Software 28,374 108.19 1.49 Cognizant Technology Solutions Corp. Software 70,000 2,535.04 0.50 Templeton India Income Fund 1,690,434 644.62 49.96 Coal India Ltd. Minerals/mining 28,031 100.76 1.39 Total 2,535.04 0.50 Templeton India Income Builder Account 1,032,697 391.95 30.38 Bharat Heavy Electricals Ltd. Industrial Capital Goods 39,522 97.56 1.34 Franklin India Bluechip Fund 57,774 129.39 10.03 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 5,709 94.05 1.30 Debt Instruments Ratings Templeton India Growth Fund 112,042 129.12 10.01 Cipla Ltd. Pharmaceuticals 24,227 92.21 1.27 (a) Listed / Awaiting listing on Stock Exchanges Total 1,295.08 100.38 Maruti Suzuki India Ltd. Auto 6,667 90.00 1.24 Non - Traded / Thinly Traded Scrips Hero Motocorp Ltd. Auto 4,602 86.49 1.19 Dr. Reddy's Laboratories Ltd. ICRA AA+ 2,100,000 105.60 0.02 Call, Cash & Other Assets (4.72) (0.38) GAIL India Ltd. Gas 22,417 85.87 1.18 Total 105.60 0.02

Jindal Steel & Power Ltd. Ferrous Metals 19,482 83.29 1.15 Tata Power Co. Ltd. Power 77,010 82.36 1.13 Net Assets 1,290.36 100.00 Totals 461,332.60 91.93 Sterlite Industries (India) Ltd. Non - Ferrous Metals 76,694 76.20 1.05 Note: Hindalco Industries Ltd. Non - Ferrous Metals 62,159 74.90 1.03 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Call, Cash & Other Assets 40,672.20 8.07 Total 7,206.50 99.22

NAV as on 31-Mar-2012 Net Assets 502,004.80 100.00 ` Call, Cash & Other Assets 55.90 0.78 Dividend Option ( )# 12.3628 ` Growth Option ( )# 19.7408 Net Asset 7,262.40 100.00 Note: a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 NAV as on 30-Sep-2012 Note: Dividend Option (`)# 12.6919 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 NAV as on 31-Mar-2012 ` Growth Option (`)# 20.7654 Dividend Plan( )# 35.0905 NAV as on 31-Mar-2012 Growth Plan(`)# 213.2583 b) Aggregate dividends declared during the Half - year ended September 30, 2012: Dividend Option (`)# 48.9663 Growth Option (`)# 48.9663 Dividend per unit NAV as on 30-Sep-2012 ` Plan Name NAV as on 30-Sep-2012 Dividend Plan( )# 36.7949 ` Individuals/HUF Others Dividend Option (`)# 53.1152 Growth Plan( )# 223.6167 ` Dividend Option 0.2731 0.2341 Growth Option ( )# 53.1152 b) Dividends declared during the Half - year ended September 30, 2012: NIL b) Dividends declared during the Half - year ended September 30, 2012: NIL c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 15.40% c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 24.94% c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 7.72% FT INDIA LIFESTAGE FUND OF FUNDS - THE 40'S PLAN FRANKLIN ASIAN EQUITY FUND Company Name Quantity Market Value % to Net FRANKLIN BUILD INDIA FUND (` in Lakhs) Assets Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets Mutual Fund Units Equity & Equity Related Equity & Equity Related Templeton India Income Fund 1,102,775 419.89 34.88 (a) Listed/Awaiting listing on Stock Exchanges (a) Listed/Awaiting listing on Stock Exchanges Templeton India Income Builder Account 960,634 364.06 30.24 Bharti Airtel Ltd. Telecom - Services 179,117 474.39 2.60 Oil & Natural Gas Corp. Ltd. Oil 180,000 504.73 8.11 Franklin India Bluechip Fund 106,649 238.49 19.81 HCL Technologies Ltd. Software 38,403 221.70 1.21 ICICI Bank Ltd. Banks 32,000 338.33 5.44 Franklin India Prima Fund 41,728 123.55 10.26 Motilal Oswal Financial Services Ltd. Finance 175,200 192.19 1.05 JK Lakshmi Cement Ltd. Cement 250,000 285.12 4.58 DB Corp. Ltd. Media & Entertainment 92,393 186.82 1.02 Templeton India Growth Fund 51,349 59.08 4.91 Idea Cellular Ltd. Telecom - Services 275,000 234.71 3.77 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 85,942 169.61 0.93 Total 1,205.07 100.10 Orient Paper & Industries Ltd. Cement 300,000 222.15 3.57 Total 1,244.71 6.81 Axis Bank Ltd. Banks 16,000 181.88 2.92

Call, Cash & Other Assets (1.11) (0.10) GlaxoSmithkline Consumer Foreign Equity Securities Healthcare Ltd. Consumer Non Durables 6,000 179.62 2.89 Samsung Electronics Co. Ltd. Hardware 2,160 1,376.80 7.54 Net Assets 1,203.96 100.00 Infosys Ltd. Software 7,000 177.38 2.85 IndusInd Bank Ltd. Banks 50,000 176.90 2.84 Taiwan Semiconductor Manufacturing Co. Ltd. Hardware 783,835 1,266.03 6.94 Note: Mahindra & Mahindra Ltd. Auto 20,000 172.90 2.78 China Mobile Ltd. Telecom - Services 141,932 831.20 4.55 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 IPCA Laboratories Ltd. Pharmaceuticals 35,000 168.63 2.71 Dairy Farm International Federal Bank Ltd. Banks 37,500 167.16 2.69 Holdings Ltd. Consumer Non Durables 117,980 690.52 3.78 NAV as on 31-Mar-2012 SKF India Ltd. Industrial Products 25,000 166.09 2.67 Hong Kong Exchanges & Clearing Ltd. Finance 85,961 683.87 3.75 Dividend Option (`)# 14.0429 Jagran Prakashan Ltd. Media & Entertainment 180,000 164.43 2.64 Hyundai Motor Co. Auto 5,203 620.90 3.40 Growth Option (`)# 24.3695 Bayer Cropscience Ltd. Pesticides 15,000 160.02 2.57 Singapore Exchange Ltd. Finance 202,318 609.13 3.34 Bharti Airtel Ltd. Telecom - Services 60,000 158.91 2.55 PTT PCL, fgn. Petroleum Products 97,700 550.13 3.01 NAV as on 30-Sep-2012 Petronet LNG Ltd. Gas 100,000 157.75 2.53 China Overseas Land & Investment Ltd. Construction 407,900 548.14 3.00 Dividend Option (`)# 14.8408 Amara Raja Batteries Ltd. Auto Ancillaries 70,000 153.58 2.47 Nestle (Malaysia) Bhd. Consumer Non Durables 47,215 500.47 2.74 Growth Option (`)# 25.7541 Eicher Motors Ltd. Auto 6,525 150.06 2.41 PetroChina Co. Ltd., H Petroleum Products 650,466 449.87 2.46 Bank of Baroda Banks 17,000 135.75 2.18 b) Dividends declared during the Half - year ended September 30, 2012: NIL Dongfeng Motor Group Co. Ltd., H Auto 714,000 438.02 2.40 Cadila Healthcare Ltd. Pharmaceuticals 15,000 130.83 2.10 Meritz Fire & Marine Insurance Co. Ltd. Finance 69,226 414.70 2.27 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 4.24% Hero Motocorp Ltd. Auto 6,500 122.15 1.96 CJ O Shopping Co. Ltd. Retailing 3,619 407.88 2.23 Oracle Financial Services Software Ltd. Software 4,000 120.44 1.93 Bangkok Bank PCL, fgn. Banks 116,885 402.10 2.20 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 7,000 115.32 1.85 FT INDIA LIFE STAGE FUND OF FUNDS - THE 30'S PLAN Cheng Shin Rubber Industry Co. Ltd. Auto Ancillaries 270,384 374.47 2.05 NMDC Ltd. Minerals/mining 55,000 106.59 1.71 Baidu Inc., ADR Software 6,173 372.66 2.04 Company Name Quantity Market Value % to Net Bharat Petroleum Corp. Ltd. Petroleum Products 30,000 103.90 1.67 L'Occitane International SA Consumer Non Durables 244,875 341.04 1.87 (` in Lakhs) Assets Hindalco Industries Ltd. Non - Ferrous Metals 85,000 102.42 1.65 Cummins India Ltd. Industrial Products 20,000 101.51 1.63 Parkson Retail Group Ltd. Retailing 737,310 325.59 1.78 Mutual Fund Units Balkrishna Industries Ltd. Auto Ancillaries 35,000 99.45 1.60 Singapore Telecommunications Ltd. Telecom - Services 234,000 322.07 1.76 Franklin India Bluechip Fund 115,827 259.01 34.75 Simplex Infrastructure Ltd. Construction 46,406 97.29 1.56 Chinatrust Financial Holding Co. Ltd. Banks 1,010,881 321.82 1.76 Templeton India Income Fund 489,178 186.26 24.99 Power Grid Corp. of India Ltd. Power 75,000 90.26 1.45 AIA Group Ltd. Finance 162,800 317.98 1.74 Kasikornbank PCL, fgn. Banks 100,200 312.97 1.71 Templeton India Income Builder Account 397,739 150.73 20.22 Lupin Ltd. Pharmaceuticals 15,000 89.44 1.44 Indian Oil Corp. Ltd. Petroleum Products 35,000 87.69 1.41 GS Engineering & Construction Corp. Construction 8,506 308.55 1.69 Franklin India Prima Fund 25,899 76.68 10.29 VST Industries Ltd. Consumer Non Durables 4,850 85.84 1.38 Giant Manufacturing Co. Ltd. Consumer Durables 103,000 288.08 1.58 Templeton India Growth Fund 63,726 73.33 9.84 Taj GVK Hotels & Resorts Ltd. Hotels 100,000 70.15 1.13 Samsonite International SA Consumer Non Durables 255,446 257.54 1.41 Total 746.01 100.09 ITC Ltd. Consumer Non Durables 25,000 67.97 1.09 Keppel Corp. Ltd. Diversified 46,000 225.55 1.24 Jyoti Structures Ltd. Power 120,000 56.16 0.90 Asian Property Development PCL, fgn. Construction Project 1,431,720 221.76 1.21 Call, Cash & Other Assets (0.66) (0.09) Kansai Nerolac Paints Ltd. Consumer Non Durables 3,081 28.74 0.46 Korea Zinc Co. Ltd. Non - Ferrous Metals 946 218.84 1.20 Total 5,732.25 92.09 Siam Commercial Bank PCL, fgn. Banks 74,511 214.88 1.18

Net Assets 745.35 100.00 Call, Cash & Other Assets 492.13 7.91 SK Innovation Co. Ltd. Petroleum Products 2,607 208.02 1.14 Daum Communication Corp. Software 3,775 202.90 1.11 Note: Net Assets 6,224.38 100.00 China Shenhua Energy Co. Ltd., H Power 97,040 197.78 1.08 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Note: Singapore Technologies Engineering Ltd. Industrial Capital Goods 129,000 196.41 1.08 NAV as on 31-Mar-2012 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 ComfortDelGro Corp. Ltd. Transportation 266,000 196.21 1.07 Dividend Option (`)# 22.0716 NAV as on 31-Mar-2012 StarHub Ltd. Telecom Services 120,000 192.00 1.05 Growth Option (`)# 29.0264 Dividend Plan (`)# 10.9968 Hengan International Group Co. Ltd. Consumer Non Durables 36,553 181.53 0.99 Growth Plan (`)# 11.5120 Catcher Technology Co. Ltd. Hardware 63,857 158.50 0.87 NAV as on 30-Sep-2012 Woori Finance Holdings Co. Ltd. Banks 29,004 151.08 0.83 Dividend Option (`)# 23.2584 NAV as on 30-Sep-2012 China Merchants Bank Co. Ltd., H Banks 149,500 132.44 0.73 Growth Option (`)# 30.5872 Dividend Plan (`)# 11.8938 Formosa Plastics Corp. Petroleum Products 68,867 103.80 0.57 Growth Plan (`)# 12.4510 Seoul Semiconductor Co. Ltd. Hardware 9,488 98.40 0.54 b) Dividends declared during the Half - year ended September 30, 2012: NIL b) Dividends declared during the Half - year ended September 30, 2012: NIL Parkson Retail Ltd. Retailing 154,000 96.04 0.53 PT Surya Citra Media Tbk Media & Entertainment 146,496 88.71 0.49 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 7.39% c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 33.97% SATS Ltd. Transportation 75,000 86.45 0.47 FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FRANKLIN ASIAN EQUITY FUND (CONTD.) TEMPLETON INDIA ULTRA-SHORT BOND FUND TEMPLETON INDIA TREASURY MANAGEMENT ACCOUNT (CONTD.)

Company Name Industry Classification Quantity Market Value % to Net Company Name Rating Quantity Market Value % to Net Note: (` in Lakhs) Assets (` in Lakhs) Assets a) NAV at the beginning and at the end of the Half-year ended September 30, 2012

SK Telecom Co. Ltd. Telecom - Services 1,138 79.22 0.43 Debt Instruments NAV as on 31-Mar-2012 Regular Plan - Growth Option (`)# 2617.0004 Public Bank Bhd., fgn. Banks 17,000 42.13 0.23 (a) Listed/Awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Regular Plan - Weekly Dividend Option (`)# 1246.6375 Malayan Banking Bhd. Banks 26,700 41.46 0.23 L&T Finance Ltd. ICRA AA+ 100 10,018.22 2.99 Regular Plan - Daily Divdend Reinvestment Option (`)# 1512.7747 Gamevil Inc. Software 394 19.55 0.11 ` Lands End Properties Pvt. Ltd. CARE AA+(SO) 450 5,703.96 1.70 Institutional Plan - Growth Option ( )# 1667.3967 Travelsky Technology Ltd., H Software 41,000 11.48 0.06 ` Essel Corporate Resources Pvt. Ltd. BW A-(SO) 50 5,031.05 1.50 Institutional Plan - Weekly Dividend Option ( )# 1056.7233 ` Simplo Technology Co. Ltd. Hardware 3,480 10.98 0.06 Aditya Birla Finance Ltd. ICRA AA 500 5,015.32 1.50 Institutional Plan - Daily Dividend Reinvestment Option ( )# 1000.9674 Super Institutional Plan - Growth Option (`)# 1596.5716 Gourmet Master Co. Ltd. Consumer Non Durables 1,575 6.27 0.03 Total 25,768.55 7.69 Super Institutional Plan - Weekly Dividend Option (`)# 1023.1323 Total 16,714.92 91.53 Super Institutional Plan - Daily Dividend Reinvestment Option (`)# 1000.9784 Money Market Instruments Certificate of Deposit Totals 17,959.63 98.34 NAV as on 30-Sep-2012 ICICI Bank Ltd. CRISIL A1+ 20,000 19,889.20 5.94 Regular Plan - Growth Option (`)# 2734.9853 Call, Cash & Other Assets 293.34 1.66 Punjab National Bank Ltd. CRISIL A1+ 17,500 17,267.44 5.15 Regular Plan - Weekly Dividend Option (`)# 1244.3238 Canara Bank Ltd. CRISIL A1+ 9,000 8,890.83 2.65 Regular Plan - Daily Divdend Reinvestment Option (`)# 1512.3400 Oriental Bank of Commerce CRISIL A1+ 5,000 4,930.73 1.47 ` Net Assets 18,252.97 100.00 Institutional Plan - Growth Option ( )# 1744.7549 State Bank of Patiala ICRA A1+ 5,000 4,929.80 1.47 Institutional Plan - Weekly Dividend Option (`)# 1054.7186 Kotak Mahindra Bank Ltd. CRISIL A1+ 5,000 4,927.28 1.47 Institutional Plan - Daily Dividend Reinvestment Option (`)# 1000.6730 Note: CRISIL A1+ 5,000 4,926.50 1.47 Super Institutional Plan - Growth Option (`)# 1673.6193 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Total 65,761.78 19.62 Super Institutional Plan - Weekly Dividend Option (`)# 1021.1243 Super Institutional Plan - Daily Dividend Reinvestment Option (`)# 1000.6730 NAV as on 31-Mar-2012 Commercial Paper Dividend Plan (`)# 11.6887 Indian Oil Corp. Ltd. CRISIL A1+ 8,700 42,920.39 12.81 b) Aggregate Dividends declared during the Half - year ended September 30, 2012: Growth Plan (`)# 11.6887 Edelweiss Financial Services Ltd. CRISIL A1+ 8,000 38,261.18 11.42 Dividend per unit Reliance Infrastructure Ltd. FITCH A1+ 4,600 22,853.57 6.82 Plan Name NAV as on 30-Sep-2012 Reliance Capital Ltd. ICRA A1+ 4,420 21,337.93 6.37 Individuals/HUF Others Dividend Plan (`)# 11.9592 Vodafone Essar Ltd. CRISIL A1+ 4,000 19,948.52 5.95 Growth Plan (`)# 11.9592 Escorts Heart Institute Regular Plan - Weekly Dividend Option 45.0513 43.2119 & Research Center Ltd. CARE A1+(SO) 4,000 19,547.12 5.83 Regular Plan - Daily Dividend b) Dividends declared during the Half - year ended September 30, 2012: NIL Tata Teleservices Ltd. CARE A1+ 2,900 14,164.53 4.23 Reinvestment Option 52.8889 50.7295 Morgan Stanley India Capital Pvt. Ltd. FITCH A1+ 2,500 11,875.70 3.54 Institutional Plan - Weekly Dividend Option 39.2630 37.6600 c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 34.53% Shapoorji Pallonji & Co. Ltd. ICRA A1+ 1,600 7,721.22 2.30 Institutional Plan - Daily Dividend Jindal Power Ltd. CRISIL A1+ 1,200 5,739.30 1.71 Reinvestment Option 35.9878 34.5185 FRANKLIN INDIA PRIMA PLUS Corp. Ltd. CRISIL A1+ 1,000 4,977.90 1.49 Super Institutional Plan - Weekly Dividend Option 39.4985 37.8858 Company Name Industry Classification Quantity Market Value % to Net Afcons Infrastructure Ltd. CRISIL A1+ 1,000 4,927.13 1.47 Super Institutional Plan - Daily Dividend ` ( in Lakhs) Assets Jindal Steel & Power Ltd. ICRA A1+ 1,000 4,865.08 1.45 Reinvestment Option 37.3987 35.8718 Power Finance Corp. Ltd. CRISIL A1+ 1,000 4,689.98 1.40 c) Average Maturity as on September 30, 2012 0.14 Years Equity & Equity Related TVS Credit Services Ltd. ICRA A1+ 800 3,828.08 1.14 (a) Listed/Awaiting listing on Stock Exchanges Reliance Capital Ltd. CARE A1+ 500 2,321.75 0.69 TEMPLETON INDIA INCOME OPPORTUNITIES FUND ICICI Bank Ltd. Banks 1,220,000 12,898.45 6.74 Total 229,979.38 68.62 Company Name Rating Quantity Market Value % to Net Infosys Ltd. Software 430,000 10,896.20 5.70 ` Fixed Deposit ( in Lakhs) Assets Bharti Airtel Ltd. Telecom - Services 3,970,000 10,514.54 5.50 Yes Bank Ltd. 12,500.00 3.73 HDFC Bank Ltd. Banks 1,565,000 9,839.16 5.14 Debt Instruments Total 12,500.00 3.73 Grasim Industries Ltd. Cement 255,000 8,454.27 4.42 (a) Listed/Awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Reliance Industries Ltd. Petroleum Products 670,000 5,605.89 2.93 Totals 334,009.71 99.66 HPCL-Mittal Pipelines Ltd. ICRA AA- 2,930 30,242.89 10.77

Dr. Reddy's Laboratories Ltd. Pharmaceuticals 300,000 4,942.20 2.58 Magma Fincorp Ltd. CARE AA+ 2,260 22,809.37 8.12 IndusInd Bank Ltd. Banks 1,395,000 4,935.51 2.58 Call, Cash & Other Assets 1,001.31 0.34 ECL Finance Ltd. CRISIL AA- 1,640 13,413.44 4.78 IPCA Laboratories Ltd. Pharmaceuticals 970,000 4,673.46 2.44 Tube Investments of India Ltd. CRISIL AA 55 5,458.71 1.94 Net Assets 335,011.02 100.00 Cummins India Ltd. Industrial Products 889,000 4,512.12 2.36 Cholamandalam DBS Finance Ltd. ICRA AA 522 5,238.35 1.87 Eicher Motors Ltd. Auto 185,000 4,254.54 2.22 Note: Indostar Capital Finance Pvt. Ltd. CARE AA- 500 5,130.39 1.83 Bosch Ltd. Auto Ancillaries 47,000 4,138.00 2.16 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 JM Financial Products Pvt. Ltd. CRISIL AA- 500 5,029.83 1.79 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 2,085,000 4,114.75 2.15 NAV as on 31-Mar-2012 Tata Power Co. Ltd. CARE AA 1,140 4,476.28 1.59 Cholamandalam Investment Kotak Mahindra Bank Ltd. Banks 625,000 4,049.38 2.12 Retail Plan Growth Option (`)# 13.6783 and Finance Co. Ltd. FITCH AA- 280 2,928.45 1.04 Power Grid Corp. of India Ltd. Power 3,250,000 3,911.38 2.05 ` Retail Plan Daily Dividend Option ( )# 10.0135 Au Financiers India Pvt. Ltd. CRISIL A 25 2,514.26 0.90 Mahindra & Mahindra Ltd. Auto 450,000 3,890.25 2.03 ` Retail Plan Weekly Dividend Option ( )# 10.0548 Cholamandalam Investment Cadila Healthcare Ltd. Pharmaceuticals 439,000 3,828.96 2.00 Institutional Plan Growth Option (`)# 13.7962 and Finance Co. Ltd. CRISIL AA- 250 2,507.77 0.89 Marico Ltd. Consumer Non Durables 1,900,000 3,789.55 1.98 Institutional Plan Daily Dividend Option (`)# 10.0140 Total 99,749.74 35.52 Oil & Natural Gas Corp. Ltd. Oil 1,300,000 3,645.20 1.91 Institutional Plan Weekly Dividend Option (`)# 10.2357 (b) Privately Placed / Unlisted CRISIL Ltd. Finance 370,000 3,570.87 1.87 Super Institutional Plan Growth Option (`)# 13.9014 HPCL-Mittal Energy Ltd. ICRA AA- 1,540 15,652.37 5.57 Cipla Ltd. Pharmaceuticals 925,000 3,520.55 1.84 Super Institutional Plan Daily Dividend Option (`)# 10.0146 Fullerton India Credit Co. Ltd. ICRA AA+ 1,010 10,287.01 3.66 Axis Bank Ltd. Banks 305,000 3,467.09 1.81 ` Super Institutional Plan Weekly Dividend Option ( )# 10.1246 PCR Investments Ltd. BW AA-(SO) 1,000 10,081.28 3.59 Amara Raja Batteries Ltd. Auto Ancillaries 1,540,000 3,378.76 1.77 Mahindra Vehicle Manufactures Ltd. ICRA AA 800 8,234.69 2.93 Oracle Financial Services Software Ltd. Software 108,000 3,251.88 1.70 NAV as on 30-Sep-2012 Tata Motors Ltd. CARE AA 750 7,576.18 2.70 Coal India Ltd. Minerals/Mining 900,000 3,235.05 1.69 ` Retail Plan Growth Option ( )# 14.3492 Grand View Estates Pvt Ltd. ICRA AA+(SO) 60 6,556.58 2.34 Gujarat State Petronet Ltd. Gas 3,600,000 2,903.40 1.52 Retail Plan Daily Dividend Option (`)# 10.0157 Mahindra World City Jaipur Ltd. CRISIL A 500 5,076.78 1.81 Jagran Prakashan Ltd. Media & Entertainment 3,000,000 2,740.50 1.43 Retail Plan Weekly Dividend Option (`)# 10.0532 Dewan Housing Finance Corp. Ltd. CARE AA+ 300 2,994.44 1.07 Torrent Pharmaceuticals Ltd. Pharmaceuticals 305,000 2,118.68 1.11 Institutional Plan Growth Option (`)# 14.4874 S D Corp. Pvt. Ltd. ICRA AA+ 25 2,572.62 0.92 GlaxoSmithkline Consumer Institutional Plan Daily Dividend Option (`)# 10.0163 Nirma Ltd. CRISIL AA 250 2,496.20 0.89 Healthcare Ltd. Consumer Non Durables 70,000 2,095.55 1.10 Institutional Plan Weekly Dividend Option (`)# 10.2339 S.D. Corp.Pvt. Ltd. ICRA AA+(SO) 10 1,025.43 0.37 Yes Bank Ltd. Banks 540,000 2,063.88 1.08 ` Total 72,553.58 25.85 Super Institutional Plan Growth Option ( )# 14.6242 ICRA Ltd. Finance 155,000 1,991.83 1.04 Super Institutional Plan Daily Dividend Option (`)# 10.0225 (c) Securitised Debt Instruments Shree Cements Ltd. Cement 50,000 1,976.98 1.03 Super Institutional Plan Weekly Dividend Option (`)# 10.1147 CLSS 5 Trust 2011 Tata Teleservices Ltd. CARE A+(SO) 150 15,273.74 5.44 GAIL India Ltd. Gas 510,000 1,953.56 1.02 CLSS 10 Trust 2011 Tata Teleservices Ltd. CARE A+(SO) 150 15,073.10 5.37 Asian Paints Ltd. Consumer Non Durables 46,300 1,822.60 0.95 b) Dividends declared during the Half - year ended September 30,2012: CLSS 6 Trust 2011 Tata Teleservices Ltd. CARE A+(SO) 100 10,182.49 3.63 Bharat Electronics Ltd. Industrial Capital Goods 150,000 1,808.55 0.95 CLSS 15 Trust 2011 Sr.A Ptc (kmp-ndpl) ICRA AA- 80 8,001.55 2.85 Dividend per unit Pfizer Ltd. Pharmaceuticals 140,421 1,755.19 0.92 IRST 2011 Series-I FITCH AAA(SO) 66 4,770.10 1.70 Plan Name Gateway Distriparks Ltd. Transportation 1,200,000 1,751.40 0.92 Individuals/HUF Others IRST Series III Tata Motor Finance Ltd. CRISIL AAA(SO) 215 4,296.69 1.53 Hindalco Industries Ltd. Non - Ferrous Metals 1,450,000 1,747.25 0.91 ILSS 1 Trust 2011 Reliance Consumer Gujarat Pipavav Port Ltd. Transportation 3,200,000 1,665.60 0.87 Retail Plan Daily Dividend Option 0.4204 0.3603 Finance ICRA AAA(SO) 100 4,101.08 1.46 CLSS 2 Trust 2011 (ndpl-kmp) ICRA AA- 50 3,745.51 1.33 TV18 Broadcast Ltd. Media & Entertainment 6,880,450 1,644.43 0.86 Retail Plan Weekly Dividend Option 0.4142 0.3550 PIIL Loan Participation Trust Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 80,000 1,581.64 0.83 Institutional Plan Daily Dividend Option 0.4292 0.3679 Series 77 ICICI Bank Ltd. CRISIL AAA(SO) 64 3,311.68 1.18 Pidilite Industries Ltd. Chemicals 710,061 1,465.57 0.77 Institutional Plan Weekly Dividend Option 0.4307 0.3692 ILSS 2 Trust 2011 Magma Fincorp Ltd. CRISIL AAA 218 3,136.16 1.12 Indian Oil Corp. Ltd. Petroleum Products 580,000 1,453.19 0.76 Super Institutional Plan Daily Dividend Option 0.4403 0.3773 ILSS 5 TRUST 2011 TVS Motor Co. Ltd. Auto 2,700,000 1,140.75 0.60 Super Institutional Plan Weekly Dividend Option 0.4492 0.3850 Cholamandalam DBS Finance Ltd PO ICRA AAA(SO) 110 3,062.40 1.09 Chennai Petroleum Corp. Ltd. Petroleum Products 866,398 1,119.82 0.59 CLSS 8 Trust 2010 Sr. A c) Average Maturity as on September 30, 2012 0.26 Years India Cements Ltd. Cement 1,115,600 1,059.26 0.55 North Delhi Power Ltd. ICRA AA- 50 2,734.59 0.97 Balkrishna Industries Ltd. Auto Ancillaries 350,000 994.52 0.52 CLSS 8 Trust 2010 Sr. B Wipro Ltd. Software 250,000 953.25 0.50 TEMPLETON INDIA TREASURY MANAGEMENT ACCOUNT North Delhi Power Ltd. ICRA AA- 50 2,734.59 0.97 SKF India Ltd. Industrial Products 140,000 930.09 0.49 Company Name Rating Quantity Market Value % to Net ILSS 4 Trust 2011 Aditya Birla Nuvo Ltd. Services 100,000 897.35 0.47 (` in Lakhs) Assets Reliance Home Finance Pvt. Ltd. ICRA AAA(SO) 57 1,602.46 0.57 Kansai Nerolac Paints Ltd. Consumer Non Durables 92,694 864.56 0.45 ILSS 3 Trust 2011 Reliance Capital Ltd. ICRA AAA(SO) 115 1,543.78 0.55 Debt Instruments Polaris Financial Technology Ltd. Software 561,304 732.22 0.38 CLSS 2 Trust 2011 (a) Listed/Awaiting listing on Stock Exchanges Sr. B North Delhi Power Ltd. ICRA AA- 15 1,123.65 0.40 Idea Cellular Ltd. Telecom - Services 700,000 597.45 0.31 Non - Traded / Thinly Traded Scrips JET JUS Trust Sr 9 PTC Voltas Ltd. Construction Project 450,000 560.70 0.29 Reliance Capital Ltd. CARE AAA 1,550 15,501.84 5.28 Rental Receivables CRISIL AAA(SO) 2,000,000 524.07 0.19 Ltd. Retailing 15,938 186.57 0.10 Total 15,501.84 5.28 ILSS 5 TRUST 2011 Total 177,894.35 93.01 Cholamandalam DBS Finance Ltd IO ICRA AAA(SO) 9 17.40 0.01 (b) Privately Placed / Unlisted Total 85,235.04 30.36 (b)Unlisted** DHFL Holdings Pvt. Ltd. CARE A1+ 170 17,021.14 5.80 TV18 Broadcast Ltd. (Rights) Media & Entertainment 28,228,500 889.20 0.46 Total 17,021.14 5.80 Money Market Instruments Quantum Information Services 38,000 0.52 0.00* Commercial Paper Numero Uno International Ltd. 73,500 0.01 0.00* Money Market Instruments Adani Ports And Special Economic Zone Ltd. ICRA A1+ 1,600 7,413.74 2.64 Certificate of Deposit Tata Realty & Infrastructure Ltd. CARE A1+ 500 2,363.92 0.84 Quantum Information Systems 45,000 0.00 0.00* Canara Bank Ltd. CRISIL A1+ 35,000 34,562.84 11.78 Reliance Capital Ltd. ICRA A1+ 200 948.40 0.34 Total 889.73 0.46 Allahabad Bank CRISIL A1+ 30,000 29,619.16 10.10 Total 10,726.06 3.82

Bank of Maharashtra Ltd. CRISIL A1+ 20,000 19,843.02 6.76 Debt Instruments Rating Certificate of Deposit Kotak Mahindra Bank Ltd. CRISIL A1+ 12,500 12,318.21 4.20 HDFC Bank Ltd. CRISIL A1+ 2,500 2,352.21 0.84 (a) Privately Placed / Unlisted Vijaya Bank Ltd. CRISIL A1+ 10,000 9,865.50 3.36 Total 2,352.21 0.84 Dr Reddy's Laboratories Ltd. ICRA AA+ 1,474,662 74.15 0.04 Indusind Bank Ltd. CRISIL A1+ 10,000 9,862.40 3.36 Britannia Industries Ltd. CRISIL AAA 8,000 13.53 0.01 Punjab & Sindh Bank Ltd. CARE A1+ 7,455 7,378.59 2.52 Totals 270,616.63 96.39 Tata Coffee Ltd. CARE AA 25,000 12.44 0.01 Allahabad Bank ICRA A1+ 5,000 4,967.19 1.69 Total 100.12 0.06 Syndicate Bank CRISIL A1+ 5,000 4,936.34 1.68 Call, Cash & Other Assets 10,146.61 3.61

Total 133,353.25 45.45 Net Assets 280,763.24 100.00 Totals 178,884.20 93.53 Commercial Paper Note: Call, Cash & Other Assets 12,353.29 6.47 Indian Oil Corp. Ltd. CRISIL A1+ 6,500 32,133.57 10.95 Hindustan Petroleum Corp. Ltd. CRISIL A1+ 4,000 19,783.07 6.74 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012

Reliance Infrastructure Ltd. FITCH A1+ 3,200 15,869.53 5.41 NAV as on 31-Mar-2012 Net Assets 191,237.49 100.00 Morgan Stanley India Capital Pvt. Ltd. FITCH A1+ 3,000 14,870.81 5.07 Dividend Plan(`)# 11.9838 *Less than 0.01% STCI Finance Ltd. ICRA A1+ 2,000 9,949.34 3.39 Growth Plan(`)# 10.5948 Note: Export-Import Bank of India CRISIL A1+ 2,000 9,862.52 3.36 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 TVS Credit Services Ltd. ICRA A1+ 2,000 9,758.84 3.33 NAV as on 30-Sep-2012 JM Financial Products Pvt Ltd. CRISIL A1+ 1,800 8,942.26 3.05 Dividend Plan(`)# 10.7373 NAV as on 31-Mar-2012 Infrastructure Development ` Dividend Plan (`)# 23.9292 Growth Plan( )# 12.6759 Finance Corporation Ltd. ICRA A1+ 1,000 4,996.49 1.70 Growth Plan (`)# 220.4119 Aditya Birla Nuvo Ltd. CRISIL A1+ 1,000 4,983.70 1.70 b) Dividends declared during the Half - year ended September 30, 2012 NAV as on 30-Sep-2012 Afcons Infrastructure Ltd. CRISIL A1+ 1,000 4,914.34 1.68 Dividend per unit Dividend Plan (`)# 25.5312 Total 136,064.47 46.39 Plan Name Growth Plan (`)# 235.1681 Individuals/HUF Others Totals 301,940.70 102.91

b) Dividends declared during the Half - year ended September 30, 2012: NIL Dividend Plan 0.3964 0.3398 Call, Cash & Other Assets (8,564.50) (2.91) c) Portfolio Turnover Ratio during the Half - year ended September 30, 2012 15.01%

c) Average Maturity as on September 30, 2012 2.94 Years Net Assets 293,376.20 100.00 d) **Total value and percentage of illiquid securities ` 889.73 Lakhs and 0.46% of net assets. FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

TEMPLETON INDIA CORPORATE BOND OPPORTUNITIES FUND TEMPLETON INDIA SHORT-TERM INCOME PLAN TEMPLETON INDIA PENSION PLAN (Contd.) Company Name Rating Quantity Market Value % to Net Company Name Rating Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets (` in Lakhs) Assets

Debt Instruments Debt Instruments Marico Ltd. Consumer Non Durables 147,000 293.19 1.25 (a) Listed/Awaiting listing on Stock Exchanges (a) Listed/Awaiting listing on Stock Exchanges Eicher Motors Ltd. Auto 10,940 251.59 1.08 Non - Traded / Thinly Traded Scrips Non - Traded / Thinly Traded Scrips Dr. Reddy's Laboratories Ltd. Pharmaceuticals 15,100 248.76 1.06 HPCL-Mittal Pipelines Ltd. ICRA AA- 1,360 13,978.43 5.26 HPCL-Mittal Pipelines Ltd. ICRA AA- 4,030 41,485.35 6.88 IPCA Laboratories Ltd. Pharmaceuticals 51,617 248.69 1.06 AU Financiers India Private Ltd. CRISIL A 125 12,562.02 4.73 Adani Ports and Special Economic Zone Ltd. ICRA AA- 3,000 30,095.18 4.99 Oil & Natural Gas Corp. Ltd. Oil 84,308 236.40 1.01 Aditya Birla Finance Ltd. CARE AA+(SO) 1,250 12,500.00 4.71 Magma Fincorp Ltd. CARE AA+ 2,750 27,774.88 4.61 Mahindra & Mahindra Ltd. Auto 26,726 231.05 0.99 Cholamandalam Investment JM Financial Products Pvt. Ltd. CRISIL AA- 1,250 12,580.75 2.09 Coal India Ltd. Minerals/Mining 55,721 200.29 0.86 And Finance Co. Ltd. CRISIL AA- 950 9,539.58 3.59 ECL Finance Ltd. CRISIL AA- 2,050 10,738.44 1.78 Axis Bank Ltd. Banks 17,000 193.25 0.83 Indostar Capital Finance Private Ltd. CARE AA- 850 8,721.66 3.28 IDL Speciality Chemicals Ltd. BW A+ (SO) 90 9,031.53 1.50 Power Grid Corp. of India Ltd. Power 160,000 192.56 0.82 Cholamandalam Investment and Finance Co. Ltd. ICRA AA 900 9,026.55 1.50 Cadila Healthcare Ltd. Pharmaceuticals 19,800 172.70 0.74 Tata Bluescope Steel Ltd. CARE AA(SO) 450 5,107.84 1.92 Tata International Ltd. ICRA AA- 750 5,497.94 0.91 GlaxoSmithkline Consumer ECL Finance Ltd. CRISIL AA- 410 4,106.51 1.55 Indostar Capital Finance Pvt. Ltd. CARE AA- 500 5,130.39 0.85 Healthcare Ltd. Consumer Non Durables 5,000 149.68 0.64 Magma Fincorp Ltd. CARE AA+ 390 3,969.09 1.49 Au Financiers India Pvt. Ltd. CRISIL A 50 5,026.48 0.83 ICRA Ltd. Finance 11,556 148.50 0.64 Cholamandalam Investment Essel Corporate Resources Pvt. Ltd. BW A-(SO) 50 5,031.05 0.83 Yes Bank Ltd. Banks 38,400 146.76 0.63 And Finance Co. Ltd. FITCH AA- 370 3,869.74 1.46 Murugappa Holdings Ltd. CRISIL AA 500 5,014.25 0.83 Torrent Pharmaceuticals Ltd. Pharmaceuticals 21,100 146.57 0.63 Cholamandalam Investment Cholamandalam Investment and Finance Co. Ltd. ICRA AA- 350 3,606.75 0.60 Wipro Ltd. Software 37,200 141.84 0.61 And Finance Co. Ltd. ICRA AA- 290 2,989.44 1.13 Tata Power Co. Ltd. CARE AA 60 1,493.67 0.25 Pidilite Industries Ltd. Chemicals 57,563 118.81 0.51 Tube Investments Of India Ltd. CRISIL AA 30 2,976.07 1.12 Tube Investments Of India Ltd. CRISIL AA 10 992.02 0.16 Asian Paints Ltd. Consumer Non Durables 2,800 110.22 0.47 Magma Fincorp Ltd. CARE AA 270 2,683.87 1.01 Indian Railway Finance Corp. Ltd. CRISIL AAA 60 601.23 0.10 Oracle Financial Services Software Ltd. Software 3,600 108.40 0.46 Tata International Ltd., zero cpn. ICRA AA- 250 1,832.65 0.69 Power Finance Corp. Ltd. CRISIL AAA 50 502.33 0.08 Jagran Prakashan Ltd. Media & Entertainment 113,640 103.81 0.44 Total 84,836.90 31.94 Power Grid Corp. of India CRISIL AAA 40 500.17 0.08 Petronet LNG Ltd. Gas 63,000 99.38 0.43 Total 174,128.96 28.87 Hindalco Industries Ltd. Non - Ferrous Metals 81,687 98.43 0.42 (b) Privately Placed / Unlisted Balkrishna Industries Ltd. Auto Ancillaries 34,000 96.61 0.41 Fullerton India Credit Co. Ltd. ICRA AA+ 1,340 13,519.82 5.09 (b) Privately Placed / Unlisted SKF India Ltd. Industrial Products 14,300 95.00 0.41 Fullerton India Credit Co. Ltd. ICRA AA+ 3,000 30,336.45 5.03 Dewan Housing Finance Corp. Ltd. CARE AA+ 1,150 11,478.69 4.32 Voltas Ltd. Construction Project 76,000 94.70 0.41 PCR Investments Ltd. BW AA-(SO) 2,200 22,091.77 3.67 Polaris Financial Technology Ltd. Software 72,300 94.32 0.40 S D Corp. Pvt. Ltd. ICRA AA+(SO) 100 10,237.92 3.86 Dewan Housing Finance Corp. Ltd. CARE AA+ 2,050 20,462.02 3.40 Pfizer Ltd. Pharmaceuticals 7,400 92.50 0.40 Mahindra World City Jaipur Ltd. CRISIL A 1,000 10,112.11 3.81 Tube Investments of India Ltd. CRISIL AA 200 20,156.74 3.34 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 4,600 90.94 0.39 Mahindra Vehicle Manufactures Ltd. ICRA AA 800 8,234.27 3.10 HPCL-Mittal Energy Ltd. ICRA AA- 1,730 17,537.18 2.91 India Cements Ltd. Cement 90,474 85.91 0.37 Grand View Estates Pvt. Ltd. ICRA AA+(SO) 75 8,195.73 3.09 Mahindra Vehicle Manufactures Ltd. ICRA AA 1,450 14,898.40 2.47 Indian Oil Corp. Ltd. Petroleum Products 33,800 84.69 0.36 Infiniti Retail Ltd. CARE A+ 730 7,849.99 2.96 Tata Motors Ltd. CARE AA 1,250 12,627.61 2.10 Mangalore Refinery HPCL-Mittal Energy Ltd. ICRA AA- 600 6,091.02 2.29 Mahindra World City Jaipur Ltd. CRISIL A 1,000 10,102.70 1.68 and Petrochemicals Ltd. Petroleum Products 120,000 73.02 0.31 Reliance Capital Ltd. CARE AAA 500 5,049.04 1.90 SRF Ltd. FITCH AA 750 7,570.14 1.26 NHPC Ltd. Power 312,000 60.37 0.26 Nirma Ltd. CRISIL AA 500 4,992.41 1.88 Nirma Ltd. CRISIL AA 750 7,488.61 1.24 Cipla Ltd. Pharmaceuticals 14,000 53.28 0.23 Tata International Ltd. ICRA AA- 550 4,022.14 1.51 Infiniti Retail Ltd. CARE A+ 630 6,776.09 1.12 Amara Raja Batteries Ltd. Auto Ancillaries 24,000 52.66 0.23 Trent Hypermarket Ltd. CARE AA(SO) 250 2,728.91 1.03 Grand View Estates Pvt Ltd. ICRA AA+(SO) 53 5,791.65 0.96 Gujarat State Petronet Ltd. Gas 59,000 47.58 0.20 S D Corp. Pvt. Ltd. ICRA AA+ 25 2,572.62 0.97 S.D. Corporation Pvt. Ltd. ICRA AA+(SO) 40 4,101.72 0.68 CRISIL Ltd. Finance 4,800 46.32 0.20 Total 95,084.67 35.81 Tata Power Co. Ltd. CARE AA 350 3,563.90 0.59 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 23,000 45.39 0.19 Total 183,504.98 30.45 Bharat Electronics Ltd. Industrial Capital Goods 3,600 43.41 0.19 Money Market Instruments Chennai Petroleum Corp. Ltd. Petroleum Products 33,060 42.73 0.18 Commercial Paper (c) Securitised Debt Instruments/Unlisted Gujarat Pipavav Port Ltd. Transportation 76,000 39.56 0.17 Power Finance Corp. Ltd. CRISIL A1+ 2,000 9,379.95 3.53 ILSS 1 TRUST 2012 FITCH AAA(SO) 148 10,387.26 1.72 TVS Motor Co. Ltd. Auto 72,000 30.42 0.13 CLSS 8 TRUST 2011 -Tata Tele Services. CARE A+(SO) 100 10,048.73 1.67 Reliance Capital Ltd. ICRA A1+ 1,000 4,778.76 1.80 Orient Paper & Industries Ltd. Cement 2,285 1.69 0.01 PIIL LOAN PARTICIPATION Reliance Capital Ltd. CARE A1+ 700 3,250.45 1.22 Total 8,832.70 37.79 TRUST SERIES 77 2B CRISIL AAA(SO) 121 6,261.14 1.04 Total 17,409.16 6.55 CLSS 9 TRUST 2011 -Tata Tele Services. CARE A+(SO) 60 6,029.24 1.00 Debt Instruments Rating CLSS 15 TRUST 2011 SR.A -NDPL ICRA AA- 20 2,000.39 0.33 Certificate of Deposit (a) Listed/Awaiting listing on Stock Exchanges ILSS 4 TRUST 2011 A1 IDBI Bank Ltd. CRISIL A1+ 7,500 7,266.17 2.74 Non - Traded / Thinly Traded Scrips -Reliance Home Finace Pvt. Ltd. ICRA AAA(SO) 66 1,855.48 0.31 Canara Bank Ltd. CRISIL A1+ 7,500 7,237.52 2.73 Tata Power Co. Ltd. CARE AA 300 3,231.28 13.82 ILSS 3 TRUST 2011 A1 - RCFPL ICRA AAA(SO) 110 1,476.66 0.25 HPCL-Mittal Pipelines Ltd. ICRA AA- 220 2,266.06 9.69 Allahabad Bank ICRA A1+ 5,000 4,967.19 1.87 ILSS 5 TRUST 2011 -CIFCL ICRA AAA(SO) 50 1,392.00 0.23 JM Financial Products Pvt. Ltd. CRISIL AA- 210 2,103.35 9.00 Andhra Bank CRISIL A1+ 2,500 2,413.92 0.91 PIIL LOAN PARTICIPATION ECL Finance Ltd. CRISIL AA- 200 2,003.57 8.57 Total 21,884.80 8.25 TRUST SERIES 77 2A CRISIL AAA(SO) 185 848.93 0.14 Reliance Ports & Terminals Ltd. CARE AAA 140 1,474.80 6.31 CLSS 7 TRUST 2010 A2 -NDPL ICRA AA- 33 792.11 0.13 Power Grid Corp. of India Ltd. CRISIL AAA 34 104.64 0.45 Totals 219,215.53 82.55 LST WITEC Sr 20 PTC CRISIL AAA(SO) 100 716.65 0.12 Export Import Bank of India CRISIL AAA 10 101.42 0.43 Total 41,808.59 6.94 Housing Development Finance Corp. Ltd. CRISIL AAA 10 100.04 0.43 Call, Cash & Other Assets 46,355.06 17.45 Dr. Reddy's Laboratories Ltd. ICRA AA+ 32,208 1.62 0.01 Money Market Instruments Net Assets 265,570.59 100.00 Total 11,386.78 48.71 Commercial Paper

Note: Reliance Capital Ltd. ICRA A1+ 5,800 27,634.02 4.59 (b) Privately Placed / Unlisted a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Tata Teleservices Ltd. CARE A1+ 5,600 27,153.57 4.51 HPCL-Mittal Energy Ltd. ICRA AA- 220 2,245.63 9.60 NAV as on 31-Mar-2012 Adani Ports and Special Economic Zone Ltd. ICRA A1+ 3,400 15,754.19 2.61 Mahindra Vehicle Manufactures Ltd. ICRA AA 50 514.55 2.20 Dividend Option (`)# 10.4213 Reliance Infrastructure Ltd. FITCH A1+ 2,500 12,392.33 2.06 Total 2,760.18 11.80 Growth Option (`)# 10.4213 Power Finance Corp. Ltd. CRISIL A1+ 2,000 9,379.95 1.56 Reliance Capital Ltd. CARE A1+ 2,000 9,267.85 1.54 Totals 22,979.66 98.30 NAV as on 30-Sep-2012 Hindustan Petroleum Corp. Ltd. CRISIL A1+ 1,500 7,466.86 1.24 Indian Oil Corp. Ltd. CRISIL A1+ 1,000 4,899.56 0.81 Dividend Option (`)# 10.7207 Housing Development Finance Corp. Ltd. CRISIL A1+ 1,000 4,734.82 0.79 Call, Cash & Other Assets 402.39 1.70 Growth Option (`)# 11.0602 Tata Realty & Infrastructure Ltd. CARE A1+ 500 2,363.92 0.39 b) Dividends declared during the Half - year ended September 30, 2012: Total 121,047.07 20.10 Net Assets 23,382.05 100.00

Certificate of Deposit Dividend per unit Note: Allahabad Bank ICRA A1+ 10,000 9,934.37 1.65 Plan Name a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Individuals/HUF Others Axis Bank Ltd. CRISIL A1+ 10,000 9,668.34 1.60 State Bank of Patiala ICRA A1+ 7,800 7,668.54 1.27 Allahabad Bank CRISIL A1+ 5,000 4,932.98 0.82 NAV as on 31-Mar-2012 Dividend Plan 0.3171 0.2718 Dividend Plan (`)# 13.6341 Corporation Bank Ltd. CRISIL A1+ 5,000 4,845.06 0.80 Growth Plan (`)# 61.2607 c) Average Maturity as on September 30, 2012 2.84 Years Oriental Bank Of Commerce CRISIL A1+ 3,500 3,397.87 0.56 Syndicate Bank CRISIL A1+ 2,500 2,427.92 0.40 NAV as on 30-Sep-2012 Bank of India CRISIL A1+ 2,500 2,420.77 0.40 Dividend Plan (`)# 14.5209 TEMPLETON INDIA INCOME FUND Andhra Bank CRISIL A1+ 2,500 2,408.14 0.40 Growth Plan (`)# 65.2453 Company Name Rating Quantity Market Value % to Net State Bank of Hyderabad CRISIL A1+ 2,500 2,349.22 0.39 b) Dividends declared during the Half - year ended September 30, 2012: NIL (` in Lakhs) Assets Canara Bank Ltd. CRISIL A1+ 1,000 980.43 0.16 Total 51,033.64 8.45 c) Average Maturity as on September 30, 2012 7.06 Years Debt Instruments (a) Listed/Awaiting listing on Stock Exchanges Totals 571,523.24 94.81 FT INDIA MONTHLY INCOME PLAN Non - Traded / Thinly Traded Scrips Lands End Properties Pvt. Ltd. CARE AA+(SO) 450 5,703.96 10.33 Call, Cash & Other Assets 31,087.17 5.19 Company Name Industry Classification Quantity Market Value % to Net HPCL-Mittal Pipelines Ltd. ICRA AA- 550 5,669.56 10.26 (` in Lakhs) Assets

ECL Finance Ltd. CRISIL AA- 1150 5,491.81 9.94 Net Assets 602,610.41 100.00 Equity & Equity Related JM Financial Products Pvt. Ltd. CRISIL AA- 500 5,007.97 9.07 Note: (a) Listed/Awaiting listing on Stock Exchanges Export Import Bank of India CRISIL AAA 250 2,514.07 4.55 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 ICICI Bank Ltd. Banks 39,078 413.15 1.37 Tata Bluescope Steel Ltd. CARE AA(SO) 150 1,702.61 3.08 Infosys Ltd. Software 14,384 364.49 1.21 NAV as on 31-Mar-2012 Tata Power Co. Ltd. CARE AA 1080 2,973.39 5.38 HDFC Bank Ltd. Banks 51,030 320.83 1.07 Retail Plan Growth Option (`)# 2,133.2470 Rural Electrification Corp. Ltd. ICRA AAA 20 202.41 0.37 Bharti Airtel Ltd. Telecom - Services 120,639 319.51 1.06 Retail Plan Monthly Dividend Option (`)# 1,160.6230 LIC Housing Finance Ltd. CRISIL AAA 15 149.00 0.27 Grasim Industries Ltd. Cement 9,484 314.43 1.04 Retail Plan Quarterly Dividend Option (`)# 1,159.9913 Reliance Ports & Terminals Ltd. CARE AAA 10 105.34 0.19 Cummins India Ltd. Industrial Products 45,000 228.40 0.76 Retail Plan Weekly Dividend Option (`)# 1,077.9728 ONGC Videsh Ltd. CRISIL AAA 10 98.88 0.18 Kotak Mahindra Bank Ltd. Banks 34,000 220.29 0.73 Retail Plan Bonus Option (`)# 1,145.4886 IndusInd Bank Ltd. Banks 60,800 215.11 0.71 Indian Railway Finance Corp. Ltd. CRISIL AAA 4 40.08 0.07 Institutional Plan Weekly Dividend Option (`)# 1,015.0031 Reliance Industries Ltd. Petroleum Products 25,000 209.18 0.69 Total 29,659.08 53.69 Institutional Plan Monthly Dividend Option (`)# 1,197.8811 Marico Ltd. Consumer Non Durables 100,000 199.45 0.66 Institutional Plan Growth Option (`)# 1,717.9848 (b) Privately Placed / Unlisted Eicher Motors Ltd. Auto 8,341 191.82 0.64 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 10,000 164.74 0.55 Mahindra Vehicle Manufactures Ltd. ICRA AA 650 6,689.09 12.11 NAV as on 30-Sep-2012 Oil & Natural Gas Corp. Ltd. Oil 55,900 156.74 0.52 HPCL-Mittal Energy Ltd. ICRA AA- 550 5,614.07 10.16 Retail Plan Growth Option (`)# 2,251.9487 Coal India Ltd. Minerals/Mining 39,824 143.15 0.48 Tata Motors Ltd. CARE AA 250 2,525.39 4.57 Retail Plan Monthly Dividend Option (`)# 1,176.3870 IPCA Laboratories Ltd. Pharmaceuticals 29,486 142.06 0.47 Total 14,828.55 26.84 Retail Plan Quarterly Dividend Option (`)# 1,188.6422 Axis Bank Ltd. Banks 12,100 137.55 0.46 Retail Plan Weekly Dividend Option (`)# 1,083.5906 Power Grid Corp. of India Ltd. Power 108,000 129.98 0.43 (c) Securitised Debt Instruments/Unlisted Retail Plan Bonus Option (`)# 1,157.8893 Cadila Healthcare Ltd. Pharmaceuticals 14,900 129.96 0.43 Institutional Plan Weekly Dividend Option (`)# 1,015.0604 CLSS 7 Trust 2010 Mahindra & Mahindra Ltd. Auto 14,933 129.10 0.43 Institutional Plan Monthly Dividend Option (`)# 1,217.1334 A3 PTC North Delhi Power Ltd. ICRA AA- 55 5,522.12 10.00 Pidilite Industries Ltd. Chemicals 50,773 104.80 0.35 Institutional Plan Growth Option (`)# 1,815.6566 ILSS 5 Trust 2011 GlaxoSmithkline Consumer Cholamandalam DBS Finance LAP PO ICRA AAA(SO) 50 1,392.00 2.52 b) Dividends declared during the Half - year ended September 30, 2012 Healthcare Ltd. Consumer Non Durables 3,400 101.78 0.34 ILSS 3 Trust 2011 Yes Bank Ltd. Banks 26,200 100.14 0.33 Reliance Consumer Finance Pvt. Ltd. ICRA AAA(SO) 70 939.69 1.70 Dividend per unit / Bonus Ratio per 1000 units Torrent Pharmaceuticals Ltd. Pharmaceuticals 14,300 99.33 0.33 Total 7,853.81 14.22 Plan Name Wipro Ltd. Software 24,600 93.80 0.31 Individuals/HUF Others Asian Paints Ltd. Consumer Non Durables 2,000 78.73 0.26 Totals 52,341.44 94.75 Jagran Prakashan Ltd. Media & Entertainment 80,892 73.89 0.25 Retail Plan Weekly Dividend Option 44.6695 38.2863 Oracle Financial Services Software Ltd. Software 2,450 73.77 0.24 Hindalco Industries Ltd. Non - Ferrous Metals 59,082 71.19 0.24 Call, Cash & Other Assets 2,891.80 5.25 Retail Plan Monthly Dividend Option 42.7242 36.6190 Voltas Ltd. Construction Project 55,000 68.53 0.23 Retail Plan Quarterly Dividend Option 33.4746 28.6912 Net Assets 55,233.24 100.00 Petronet LNG Ltd. Gas 43,000 67.83 0.23 Institutional Plan Weekly Dividend Option 49.1305 42.1098 ICRA Ltd. Finance 5,216 67.03 0.22 Institutional Plan Monthly Dividend Option 42.7242 36.6190 Note: Balkrishna Industries Ltd. Auto Ancillaries 23,000 65.35 0.22 SKF India Ltd. Industrial Products 9,800 65.11 0.22 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Retail Plan Bonus Option 44 Pfizer Ltd. Pharmaceuticals 5,100 63.75 0.21 NAV as on 31-Mar-2012 Polaris Financial Technology Ltd. Software 48,000 62.62 0.21 c) Average Maturity as on September 30, 2012 2.23 Years Dividend Plan (`)# 11.0934 India Cements Ltd. Cement 63,815 60.59 0.20 Growth Plan (`)# 36.1036 TEMPLETON INDIA PENSION PLAN Indian Oil Corp. Ltd. Petroleum Products 23,100 57.88 0.19 Mangalore Refinery NAV as on 30-Sep-2012 Company Name Industry Classification Quantity Market Value % to Net and Petrochemicals Ltd. Petroleum Products 80,000 48.68 0.16 (` in Lakhs) Assets Dividend Plan (`)# 11.3613 NHPC Ltd. Power 235,000 45.47 0.15

Growth Plan (`)# 38.0761 Cipla Ltd. Pharmaceuticals 10,000 38.06 0.13 Equity & Equity Related Amara Raja Batteries Ltd. Auto Ancillaries 15,600 34.23 0.11 (a) Listed/Awaiting listing on Stock Exchanges b) Dividends declared during the Half - year ended September 30, 2012: Gujarat Mineral Development Corp. Ltd. Minerals/Mining 17,000 33.55 0.11 ICICI Bank Ltd. Banks 61,005 644.98 2.76 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 1,600 31.63 0.11 Infosys Ltd. Software 20,940 530.62 2.27 Gujarat State Petronet Ltd. Gas 39,000 31.45 0.10 Dividend per unit HDFC Bank Ltd. Banks 82,425 518.21 2.22 Crisil Ltd. Finance 3,100 29.92 0.10 Plan Name Grasim Industries Ltd. Cement 13,784 456.99 1.95 Individuals/HUF Others Chennai Petroleum Corp. Ltd. Petroleum Products 22,395 28.95 0.10 Bharti Airtel Ltd. Telecom - Services 167,047 442.42 1.89 Gujarat Pipavav Port Ltd. Transportation 55,000 28.63 0.10 Cummins India Ltd. Industrial Products 69,000 350.21 1.50 Dividend Plan 0.3171 0.2718 Bharat Electronics Ltd. Industrial Capital Goods 2,300 27.73 0.09 Kotak Mahindra Bank Ltd. Banks 52,000 336.91 1.44 TVS Motor Co. Ltd. Auto 61,000 25.77 0.09 IndusInd Bank Ltd. Banks 93,500 330.80 1.41 c) Average Maturity as on September 30, 2012 3.80 Years Orient Paper & Industries Ltd. Cement 1,454 1.08 0.00* Reliance Industries Ltd. Petroleum Products 37,000 309.58 1.32 Total 5,911.21 19.64 FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FT INDIA MONTHLY INCOME PLAN (Contd.) TEMPLETON INDIA LOW DURATION FUND (Contd.) TEMPLETON INDIA GOVERNMENT SECURITIES FUND - COMPOSITE/PF PLAN Company Name Rating Quantity Market Value % to Net Company Name Rating Quantity Market Value % to Net (` in Lakhs) Assets Dividend per unit (` in Lakhs) Assets Plan Name Debt Instruments Rating Individuals/HUF Others Government Securities (a) Listed / Awaiting listing on Stock Exchanges 8.19% GOI 2020 SOVEREIGN 4,425,000 4,409.51 43.66 Non - Traded / Thinly Traded Scrips Monthly Dividend Plan 0.4695 0.4024 8.97% GOI 2030 SOVEREIGN 3,250,000 3,412.50 33.79 HPCL-Mittal Pipelines Ltd. ICRA AA- 300 3,090.09 10.26 Quarterly Dividend Plan 0.4704 0.4032 8.33% GOI 2026 SOVEREIGN 1,000,000 1,006.80 9.97 Tata Power Co. Ltd. CARE AA 250 2,692.73 8.94 8.83% GOI 2041 SOVEREIGN 500,000 518.70 5.14 c) Average Maturity as on September 30, 2012 0.42 Years Total 9,347.51 92.56 ECL Finance Ltd. CRISIL AA- 250 2,504.46 8.31

JM Financial Products Pvt. Ltd CRISIL AA- 200 2,003.19 6.65 TEMPLETON INDIA CASH MANAGEMENT ACCOUNT Call, Cash & Other Assets 752.31 7.44 Reliance Ports & Terminals Ltd. CARE AAA 50 526.71 1.75 Company Name Rating Quantity Market Value % to Net LIC Housing Finance Ltd. CRISIL AAA 50 504.82 1.68 Net Assets 10,099.82 100.00 (` in Lakhs) Assets Bharat Petroleum Corporation Ltd. CRISIL AAA 50 499.82 1.66

Tata Motors Ltd. CRISIL AAA(SO) 40 491.73 1.63 Money Market Instruments Note: NABARD CRISIL AAA 40 396.78 1.32 Commercial Paper a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Power Finance Corp. Ltd. CRISIL AAA 10 101.35 0.34 Infrastructure Development Finance Corp. Ltd. ICRA A1+ 1,000 4,996.49 16.94 Housing Development Finance Corp. Ltd. CRISIL AAA 10 100.29 0.33 Housing Development Finance Corp. Ltd. CRISIL A1+ 500 2,494.65 8.46 NAV as on 31-Mar-2012 Power Finance Corp. Ltd. CRISIL AAA 5 50.08 0.17 Total 7,491.14 25.40 Composite Plan Growth Option (`)# 35.4954 ` LIC Housing Finance Ltd. CRISIL AAA 5 49.66 0.16 Composite Plan Dividend Option ( )# 10.5871 Certificate of Deposit ` Dr. Reddy's Laboratories Ltd. ICRA AA+ 33,816 1.70 0.01 PF Plan Growth Option ( )# 15.5905 Allahabad Bank CRISIL A1+ 5,000 4,932.98 16.72 PF Plan Dividend Option (`)# 15.5905 Total 13,013.41 43.21 State Bank of Patiala ICRA A1+ 5,000 4,906.95 16.63 Canara Bank Ltd. CRISIL A1+ 2,500 2,474.39 8.39 NAV as on 30-Sep-2012 (b) Privately Placed / Unlisted Total 12,314.32 41.74 Composite Plan Growth Option (`)# 37.3592 Mahindra Vehicle Manufactures Ltd. ICRA AA 300 3,087.27 10.25 Composite Plan Dividend Option (`)# 10.8721 Fixed Deposit HPCL-Mittal Energy Ltd. ICRA AA- 280 2,848.01 9.45 PF Plan Growth Option (`)# 16.4091 Standard Chartered Bank 1,400.00 4.75 Total 5,935.28 19.70 PF Plan Dividend Option (`)# 16.4091 Total 1,400.00 4.75 b) Dividends declared during the Half - year ended September 30, 2012: (d) Securitised Debt Instruments/Unlisted Totals 21,205.46 71.89 CLSS 9 TRUST 2011 -Tata Tele Services. CARE A+(SO) 40 4,019.49 13.34 Dividend per unit ILSS 3 Trust 2011 A1 PTC (17Dec2014) Call, Cash & Other Assets 8,292.88 28.11 Plan Name

(Org RCFPL) ICRA AAA(SO) 6 80.55 0.27 Individuals/HUF Others Net Assets 29,498.34 100.00 Total 4,100.04 13.61 Composite Plan Dividend Option 0.2378 0.2039 Note: Money Market Instruments c) Average Maturity as on September 30, 2012 12.21 Years Certificate of Deposit a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Canara Bank Ltd. CRISIL A1+ 500 490.21 1.63 NAV as on 31-Mar-2012 TEMPLETON INDIA GOVERNMENT SECURITIES FUND - LONG TERM PLAN Total 490.21 1.63 Dividend Plan (`)# 10.0020 Company Name Rating Quantity Market Value % to Net Growth Plan (`)# 17.8204 Totals 29,450.15 97.79 (` in Lakhs) Assets

NAV as on 30-Sep-2012 Call, Cash & Other Assets 673.29 2.21 Government Securities Dividend Plan (`) 10.0031 8.19% GOI 2020 SOVEREIGN 4,475,000 4,459.34 42.39 Growth Plan (`) 18.4869 Net Assets 30,123.44 100.00 8.97% GOI 2030 SOVEREIGN 3,250,000 3,412.50 32.44 8.83% GOI 2041 SOVEREIGN 1,000,000 1,037.40 9.86 *Less than 0.01% b) Aggregate Dividends declared during the Half-Year ended September 30, 2012: Note: 8.33% GOI 2026 SOVEREIGN 1,000,000 1,006.80 9.57 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Dividend per unit Total 9,916.04 94.26 Plan Name Individuals/HUF Others Call, Cash & Other Assets 603.07 5.74 NAV as on 31-Mar-2012 Dividend Option 0.2882 0.2765 Quarterly Dividend Plan (`)# 11.6168 Net Assets 10,519.11 100.00 ` Monthly Dividend Plan ( )# 11.7216 c) Average Maturity as on September 30, 2012 0.08 Years Bonus Plan (`)# 11.0454 Note: Growth Plan (`)# 29.5741 TEMPLETON INDIA INCOME BUILDER ACCOUNT a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Company Name Rating Quantity Market Value % to Net NAV as on 30-Sep-2012 NAV as on 31-Mar-2012 (` in Lakhs) Assets ` Growth Option (`)# 24.7346 Quarterly Dividend Plan ( )# 11.9755 Quarterly Dividend Option (`)# 10.5815 Monthly Dividend Plan (`)# 12.1188 Debt Instruments Bonus Option (`)# 10.5879 Bonus Plan (`)# 11.2178 (a) Listed/Awaiting listing on Stock Exchanges Growth Plan (`)# 31.2883 Non - Traded / Thinly Traded Scrips NAV as on 30-Sep-2012 HPCL-Mittal Pipelines Ltd. ICRA AA- 170 1,751.05 8.42 Growth Option (`)# 26.1799 b) Aggregate Dividends / Bonus declared during the Half - year ended September 30, 2012 : Indostar Capital Finance Private Ltd. CARE AA- 150 1,539.12 7.40 Quarterly Dividend Option (`)# 10.9287 Tata Power Co. Ltd. CARE AA 60 1,486.73 7.15 ` Dividend per unit / Bonus Ratio per 1000 units Bonus Option ( )# 10.8760 Cholamandalam Investment and Finance Co. Ltd. FITCH AA- 100 1,045.87 5.03 Plan Name b) Dividends declared during the Half - year ended September 30, 2012: Individuals/HUF Others Magma Fincorp Ltd. CARE AA+ 100 1,017.71 4.90 ECL Finance Ltd. CRISIL AA- 100 1,001.59 4.82 Dividend per unit/Bonus Ratio per 1000 units Monthly Dividend 0.2378 0.2039 Tata Power Co. Ltd. CARE AA 50 538.55 2.59 Plan Name Quarterly Dividend 0.2643 0.2265 Reliance Ports & Terminals Ltd. CARE AAA 50 526.71 2.53 Individuals/HUF Others Cholamandalam Investment and Finance Co. Ltd. CRISIL AA- 50 504.07 2.42 Bonus Plan 41 HPCL-Mittal Pipelines Ltd. ICRA AA- 40 413.11 1.99 Quarterly Dividend Option 0.2378 0.2039 c) Average Maturity as on September 30, 2012 4.84 Years Power Grid Corp. of India Ltd. CRISIL AAA 10 30.78 0.15 Bonus Option 29.0000 Total 9,855.29 47.40 TEMPLETON INDIA LOW DURATION FUND c) Average Maturity as on September 30, 2012 13.20 Years (b) Privately Placed / Unlisted Company Name Rating Quantity Market Value % to Net HPCL-Mittal Energy Ltd. ICRA AA- 240 2,449.78 11.78 (` in Lakhs) Assets TEMPLETON FLOATING RATE INCOME FUND Fullerton India Credit Co. Ltd. ICRA AA+ 150 1,505.43 7.24

Infiniti Retail Ltd. CARE A+ 140 1,503.45 7.23 Debt Instruments Company Name Rating Quantity Market Value % to Net Grand View Estates Pvt Ltd. ICRA AA+(SO) 6 655.66 3.15 ` (a) Listed/Awaiting listing on Stock Exchanges ( in Lakhs) Assets Total 6,114.32 29.40 Non - Traded / Thinly Traded Scrips Debt Instruments Lands End Properties Pvt Ltd. CARE AA+(SO) 1,250 15,844.32 5.24 (c) Securitised Debt Instruments / Unlisted (a) Listed / Awaiting listing on Stock Exchanges Essel Corporate Resources Pvt. Ltd. BW A-(SO) 150 15,093.15 4.99 ILSS 5 Trust 2011 Cholamandalam DBS ICRA AAA(SO) 10 278.40 1.34 Non - Traded / Thinly Traded Scrips Total 278.40 1.34 Indigold Trade and Services Ltd. ICRA AA+(SO) 1,000 10,330.50 3.41 Essel Corporate Resources Pvt. Ltd. BW A-(SO) 50 5,031.05 5.31

JM Financial Products Pvt Ltd. CRISIL AA- 750 7,547.05 2.49 Aditya Birla Finance Ltd. ICRA AA 250 2,507.66 2.65 Totals 16,248.01 78.14 Sundaram BNP Paribas Home Finance Ltd. CARE AA+ 500 5,020.20 1.66 Tube Investments of India Ltd. CRISIL AA 50 498.59 0.53

L&T Finance Ltd. ICRA AA+ 50 5,009.11 1.66 Total 8,037.30 8.49 Call, Cash & Other Assets 4,542.20 21.86 Aditya Birla Finance Ltd. ICRA AA 250 2,507.66 0.83 Money Market Instruments Total 61,351.99 20.28 Net Assets 20,790.21 100.00 Commercial Paper Indian Oil Corp. Ltd. CRISIL A1+ 3,500 17,253.46 18.20 (b) Privately Placed / Unlisted Note: Reliance Infrastructure Ltd. FITCH A1+ 1,800 8,928.40 9.42 Tube Investments of India Ltd. CRISIL AA 50 4,977.97 1.64 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Tata Teleservices Ltd. CARE A1+ 1,000 4,890.22 5.16 Ashok Leyland Ltd. ICRA AA- 50 4,944.31 1.63 NAV as on 31-Mar-2012 Escorts Heart Institute Total 9,922.28 3.27 Annual Dividend Plan (`)# 12.6067 & Research Center Ltd. CARE A1+(SO) 1,000 4,886.78 5.16 Quarterly Dividend Plan (`)# 12.5503 Edelweiss Financial Services Ltd. CRISIL A1+ 1,000 4,795.24 5.06 Money Market Instruments Monthly Dividend Plan (`)# 13.4214 Power Finance Corp. Ltd. CRISIL A1+ 1,000 4,689.98 4.95 Certificate of Deposit Half-Yearly Dividend Plan (`)# 12.4870 Reliance Capital Ltd. CARE A1+ 1,000 4,657.72 4.91 Canara Bank Ltd. CRISIL A1+ 14,970 14,778.15 4.88 Bonus Plan (`)# 16.3129 Morgan Stanley India Capital Pvt. Ltd. FITCH A1+ 1,000 4,624.68 4.88 State Bank of Mysore CRISIL A1+ 15,000 14,750.30 4.87 Growth Plan (`)# 35.5693 Jindal Power Ltd. CRISIL A1+ 600 2,869.65 3.03 State Bank of Patiala CRISIL A1+ 12,000 11,058.59 3.65 Housing Development Finance Corp. Ltd. CRISIL A1+ 500 2,494.65 2.63 NAV as on 30-Sep-2012 Afcons Infrastructure Ltd. CRISIL A1+ 500 2,440.79 2.58 Punjab National Bank Ltd. CRISIL A1+ 20,000 19,737.31 6.52 Annual Dividend Plan (`)# 13.4318 Shapoorji Pallonji & Co. Ltd. ICRA A1+ 500 2,412.88 2.55 Allahabad Bank CRISIL A1+ 5,000 4,916.56 1.62 Quarterly Dividend Plan (`)# 12.9515 TVS Credit Services Ltd. ICRA A1+ 500 2,392.55 2.52 State Bank of Bikaner and Jaipur CRISIL A1+ 5,000 4,911.24 1.62 Monthly Dividend Plan (`)# 14.2998 Reliance Capital Ltd. ICRA A1+ 380 1,834.48 1.94 Oriental Bank of Commerce CRISIL A1+ 2,500 2,452.86 0.81 Half-Yearly Dividend Plan (`)# 12.9315 Total 69,171.48 72.99 State Bank of Hyderabad ICRA A1+ 2,500 2,451.58 0.81 Bonus Plan (`)# 16.9892 Total 75,056.59 24.78 Growth Plan (`)# 37.8974 Certificate of Deposit State Bank of Patiala ICRA A1+ 12,500 12,267.38 12.94 Commercial Paper b) Aggregate Dividends / Bonus declared during the Half-Year ended September 30, 2012: Punjab National Bank CRISIL A1+ 2,500 2,469.87 2.61 Reliance Infrastructure Ltd. FITCH A1+ 4,400 21,818.71 7.21 Kotak Mahindra Bank Ltd. CRISIL A1+ 2,500 2,463.64 2.60 Reliance Capital Ltd. CARE A1+ 3,800 17,673.73 5.84 Dividend per unit Total 17,200.89 18.15 Plan Name Edelweiss Financial Services Ltd. CRISIL A1+ 3,200 15,303.66 5.06 Individuals/HUF Others Totals 94,409.67 99.63 Tata Teleservices Ltd. CARE A1+ 3,100 15,056.59 4.98 Escorts Heart Institute & Research Quarterly Dividend Plan 0.3524 0.3020 Call, Cash & Other Assets 371.41 0.37

Center Ltd CARE A1+(SO) 3,000 14,660.34 4.84 Half Yearly Dividend Plan 0.3083 0.2643 Net Assets 94,781.08 100.00 JM Financial Products Pvt. Ltd. CRISIL AA- 1,700 8,035.76 2.66 Power Finance Corp. Ltd. CRISIL A1+ 2,300 10,786.94 3.56 Bonus Plan 24.0000 Note: Morgan Stanley India Capital Pvt. Ltd. FITCH A1+ 2,000 9,188.32 3.04 Reliance Capital Ltd. ICRA A1+ 1,200 5,760.04 1.90 c) Average Maturity as on September 30, 2012 4.38 Years a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Jindal Power Ltd. CRISIL A1+ 1,200 5,739.30 1.90 TEMPLETON INDIA GOVERNMENT SECURITIES FUND - TREASURY PLAN NAV as on 31-Mar-2012 Jindal Steel & Power Ltd. ICRA A1+ 1,000 4,865.08 1.61 Retail Plan - Growth Option(`)# 19.5522 Company Name Rating Quantity Market Value % to Net Noida Power Co. Ltd. CARE A1+ 1,000 4,555.27 1.51 ` (` in Lakhs) Assets Retail Plan - Dividend Option( )# 11.0510 Shapoorji Pallonji & Co. Ltd. ICRA A1+ 800 3,860.61 1.28 Institutional Plan - Growth Option(`)# 16.2982 TVS Credit Services Ltd. ICRA A1+ 700 3,349.57 1.11 Government Securities Institutional Plan - Dividend Option(`)# 10.3684 Hindustan Petroleum Corp. Ltd. CRISIL A1+ 500 2,488.95 0.82 8.19% GOI 2020 SOVEREIGN 2,100,000 2,092.65 88.45 Super Institutional Plan - Growth Option(`)# 14.8327 Afcons Infrastructure Ltd. CRISIL A1+ 500 2,440.79 0.81 Total 2,092.65 88.45 Super Institutional Plan - Daily Dividend Option(`)# 10.0235 Vodafone Essar Ltd. CRISIL A1+ 500 2,402.78 0.79 Totals 2,092.65 88.45 NAV as on 30-Sep-2012 Total 147,986.44 48.92 Call, Cash & Other Assets 273.26 11.55 Retail Plan - Growth Option(`)# 20.5291

Retail Plan - Dividend Option(`)# 11.0851 Totals 294,317.30 97.25 Net Assets 2,365.91 100.00 Institutional Plan - Growth Option(`)# 17.1339 Call, Cash & Other Assets 8,314.18 2.75 Note: Institutional Plan - Dividend Option(`)# 10.3563 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Super Institutional Plan - Growth Option(`)# 15.6324 Net Assets 302,631.48 100.00 NAV as on 31-Mar-2012 Super Institutional Plan - Daily Dividend Option(`)# 10.0271 ` Note: Dividend Option ( )# 10.9927 b) Aggregate Dividends declared during the Half - year ended Septemer 30, 2012: ` a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Growth Option ( )# 17.8932 NAV as on 30-Sep-2012 Dividend per unit NAV as on 31-Mar-2012 Dividend Option (`) 11.4853 Plan Name ` Growth Plan ( )# 11.5612 Growth Option (`) 18.8635 Individuals/HUF Others Monthly Dividend Plan (`)# 10.4251 Quarterly Dividend Plan (`)# 10.5208 b) Aggregate Dividends declared during the Half-Year ended September 30, 2012: Retail Option - Dividend Option 0.4405 0.3775 Institutional Option - Dividend Option 0.4543 0.3894 NAV as on 30-Sep-2012 Dividend per unit Growth Plan (`)# 12.1630 Plan Name Super Institutional Option - Individuals/HUF Others Monthly Dividend Plan (`)# 10.4222 Daily Dividend Option 0.4603 0.3945 Quarterly Dividend Plan (`)# 10.5370 Treasury Plan Dividend Option 0.0969 0.0831 b) Aggregate Dividends declared during the Half - year ended September 30, 2012: c) Average Maturity as on September 30, 2012 0.34 Years c) Average Maturity as on September 30, 2012 6.46 Years FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FT INDIA BALANCED FUND TEMPLETON INDIA CHILDREN'S ASSET PLAN - EDUCATION PLAN (Contd.) FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES IX - PLAN B (Contd.) Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets (` in Lakhs) Assets

Equity & Equity Related Hindalco Industries Ltd. Non - Ferrous Metals 150 0.18 0.11 Power Grid Corp. of India Ltd. Power 33,000 39.72 0.63 (a) Listed/Awaiting listing on Stock Exchanges Gujarat State Petronet Ltd. Gas 200 0.16 0.10 Coal India Ltd. Minerals/Mining 10,942 39.33 0.63 ICICI Bank Ltd. Banks 101,900 1,077.34 5.18 Chennai Petroleum Corp. Ltd. Petroleum Products 116 0.15 0.09 Cadila Healthcare Ltd. Pharmaceuticals 4,100 35.76 0.57 HDFC Bank Ltd. Banks 134,045 842.74 4.05 Bharat Electronics Ltd. Industrial Capital Goods 10 0.12 0.07 GlaxoSmithkline Infosys Ltd. Software 33,128 839.46 4.04 Gujarat Pipavav Port Ltd. Transportation 200 0.10 0.06 Consumer Healthcare Ltd. Consumer Non Durables 1,000 29.94 0.48 Grasim Industries Ltd. Cement 21,689 719.08 3.46 TVS Motor Co. Ltd. Auto 100 0.04 0.02 ICRA Ltd. Finance 2,328 29.92 0.48 Bharti Airtel Ltd. Telecom - Services 264,504 700.54 3.37 Orient Paper & Industries Ltd. Cement 9 0.01 0.01 Torrent Pharmaceuticals Ltd. Pharmaceuticals 4,300 29.87 0.48 Cummins India Ltd. Industrial Products 108,000 548.15 2.64 Yes Bank Ltd. Banks 7,800 29.81 0.48 Total 29.29 17.46 Kotak Mahindra Bank Ltd. Banks 80,000 518.32 2.49 Wipro Ltd. Software 7,600 28.98 0.46 IndusInd Bank Ltd. Banks 145,000 513.01 2.47 Pidilite Industries Ltd. Chemicals 12,049 24.87 0.40 Debt Instruments Rating Reliance Industries Ltd. Petroleum Products 59,000 493.65 2.37 Oracle Financial Services Software Ltd. Software 730 21.98 0.35 (a) Listed/Awaiting listing on Stock Exchanges Marico Ltd. Consumer Non Durables 235,000 468.71 2.25 Asian Paints Ltd. Consumer Non Durables 550 21.65 0.35 Non - Traded / Thinly Traded Scrips Oil & Natural Gas Corp. Ltd. Oil 160,824 450.95 2.17 Jagran Prakashan Ltd. Media & Entertainment 23,078 21.08 0.34 Rural Electrification Corp. Ltd. CRISIL AAA 2 20.00 11.92 Eicher Motors Ltd. Auto 19,058 438.29 2.11 Petronet LNG Ltd. Gas 13,000 20.51 0.33 Dr. Reddy's Laboratories Ltd. ICRA AA+ 114 0.01 0.01 Power Grid Corp. of India Ltd. Power 355,000 427.24 2.06 Hindalco Industries Ltd. Non - Ferrous Metals 16,731 20.16 0.32 Total 20.01 11.93 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 23,903 393.78 1.89 Balkrishna Industries Ltd. Auto Ancillaries 7,000 19.89 0.32 Mahindra & Mahindra Ltd. Auto 40,084 346.53 1.67 Polaris Financial Technology Ltd. Software 15,000 19.57 0.31 Coal India Ltd. Minerals/Mining 96,148 345.60 1.66 Money Market Instruments Voltas Ltd. Construction Project 15,700 19.56 0.31 IPCA Laboratories Ltd. Pharmaceuticals 70,195 338.20 1.63 Certificate of Deposit SKF India Ltd. Industrial Products 2,900 19.27 0.31 Axis Bank Ltd. Banks 28,000 318.29 1.53 State Bank of Patiala ICRA A1+ 50 49.07 29.23 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 950 18.78 0.30 Cadila Healthcare Ltd. Pharmaceuticals 34,000 296.55 1.43 Punjab & Sindh Bank Ltd. CARE A1+ 45 44.54 26.54 Pfizer Ltd. Pharmaceuticals 1,500 18.75 0.30 ICRA Ltd. Finance 19,042 244.70 1.18 Canara Bank Ltd. CRISIL A1+ 10 9.64 5.74 India Cements Ltd. Cement 19,207 18.24 0.29 GlaxoSmithkline Total 103.25 61.51 Indian Oil Corp. Ltd. Petroleum Products 6,800 17.04 0.27 Consumer Healthcare Ltd. Consumer Non Durables 7,900 236.50 1.14 Mangalore Refinery and Yes Bank Ltd. Banks 61,000 233.14 1.12 Totals 152.55 90.90 Petrochemicals Ltd. Petroleum Products 25,000 15.21 0.24 Torrent Pharmaceuticals Ltd. Pharmaceuticals 33,000 229.23 1.10 NHPC Ltd. Power 66,000 12.77 0.20 Pidilite Industries Ltd. Chemicals 111,056 229.22 1.10 Call, Cash & Other Assets 15.30 9.10 Cipla Ltd. Pharmaceuticals 3,000 11.42 0.18 Wipro Ltd. Software 58,100 221.54 1.07 Amara Raja Batteries Ltd. Auto Ancillaries 4,800 10.53 0.17 Asian Paints Ltd. Consumer Non Durables 4,900 192.89 0.93 Gujarat State Petronet Ltd. Gas 12,000 9.68 0.15 Net Assets 167.85 100.00 India Cements Ltd. Cement 196,830 186.89 0.90 Crisil Ltd. Finance 1,000 9.65 0.15 Hindalco Industries Ltd. Non - Ferrous Metals 145,860 175.76 0.85 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 4,800 9.47 0.15 Oracle Financial Services Software Ltd. Software 5,750 173.13 0.83 Note: Bharat Electronics Ltd. Industrial Capital Goods 750 9.04 0.14 Jagran Prakashan Ltd. Media & Entertainment 188,624 172.31 0.83 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Chennai Petroleum Corp. Ltd. Petroleum Products 6,665 8.61 0.14 Voltas Ltd. Construction Project 133,000 165.72 0.80 Gujarat Pipavav Port Ltd. Transportation 15,000 7.81 0.12 ` Balkrishna Industries Ltd. Auto Ancillaries 56,000 159.12 0.77 NAV as on 31-Mar-2012( )# 34.0630 TVS Motor Co. Ltd. Auto 15,000 6.34 0.10 Petronet LNG Ltd. Gas 100,000 157.75 0.76 NAV as on 30-Sep-2012(`)# 35.3420 Orient Paper & Industries Ltd. Cement 451 0.33 0.01 SKF India Ltd. Industrial Products 23,100 153.46 0.74 Total 1,841.56 29.40 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 7,700 152.23 0.73 b) Dividends declared during the Half - year ended September 30, 2012: NIL Pfizer Ltd. Pharmaceuticals 12,000 149.99 0.72 c) Average Maturity as on September 30, 2012 0.16 Years Debt Instruments Rating Polaris Financial Technology Ltd. Software 114,000 148.71 0.72 (a) Listed/Awaiting listing on Stock Exchanges Indian Oil Corp. Ltd. Petroleum Products 54,500 136.55 0.66 Non - Traded / Thinly Traded Scrips Mangalore Refinery and TEMPLETON INDIA CHILDREN'S ASSET PLAN - GIFT PLAN Tata Motors Ltd. CRISIL AAA(SO) 75 923.40 14.74 Petrochemicals Ltd. Petroleum Products 192,000 116.83 0.56 Power Finance Corp. Ltd. CRISIL AAA 70 700.48 11.18 NHPC Ltd. Power 555,000 107.39 0.52 Company Name Industry Classification Quantity Market Value % to Net Indian Railway Finance Corp. Ltd. CRISIL AAA 68 681.39 10.88 Cipla Ltd. Pharmaceuticals 25,000 95.15 0.46 (` in Lakhs) Assets Power Grid Corp. of India CRISIL AAA 40 625.49 9.99 Amara Raja Batteries Ltd. Auto Ancillaries 37,400 82.06 0.39 NABARD CRISIL AAA 60 595.17 9.5 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 40,000 78.94 0.38 Equity & Equity Related Rural Electrification Corp Ltd. CRISIL AAA 50 501.88 8.01 Gujarat State Petronet Ltd. Gas 90,000 72.59 0.35 (a) Listed / awaiting listing on Stock Exchanges Dr. Reddy's Laboratories Ltd. ICRA AA+ 6,846 0.34 0.01 Crisil Ltd. Finance 7,500 72.38 0.35 ICICI Bank Ltd. Banks 3,540 37.43 4.86 Total 4,028.15 64.31 Chennai Petroleum Corp. Ltd. Petroleum Products 52,878 68.34 0.33 Grasim Industries Ltd. Cement 941 31.20 4.05 Gujarat Pipavav Port Ltd. Transportation 130,000 67.67 0.33 Infosys Ltd. Software 1,183 29.98 3.89 Totals 5,869.71 93.71 Bharat Electronics Ltd. Industrial Capital Goods 5,600 67.52 0.32 HDFC Bank Ltd. Banks 4,750 29.86 3.88 TVS Motor Co. Ltd. Auto 136,000 57.46 0.28 Bharti Airtel Ltd. Telecom - Services 9,924 26.28 3.41 Call, Cash & Other Assets 393.60 6.29 Globsyn Infotech Ltd. Software 46,956 4.29 0.02 Cummins India Ltd. Industrial Products 3,900 19.79 2.57 Orient Paper & Industries Ltd. Cement 3,807 2.82 0.01 Kotak Mahindra Bank Ltd. Banks 3,000 19.44 2.53 Net Assets 6,263.31 100.00 Total 14,488.71 69.72 IndusInd Bank Ltd. Banks 5,300 18.75 2.44 Marico Ltd. Consumer Non Durables 8,400 16.75 2.18 (b)Unlisted** Reliance Industries Ltd. Petroleum Products 2,000 16.73 2.17 Note: Oil & Natural Gas Corp. Ltd. Oil 5,768 16.17 2.10 Globsyn Technologies Ltd. 270,000 0.03 0.00* a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 900 14.83 1.93 Numero Uno International Ltd. 27,500 0.00 0.00* IPCA Laboratories Ltd. Pharmaceuticals 3,000 14.45 1.88 NAV as on 31-Mar-2012 Total 0.03 0.00* Eicher Motors Ltd. Auto 607 13.96 1.81 Dividend Option (`)# 11.2726 Mahindra & Mahindra Ltd. Auto 1,508 13.04 1.69 Growth Option (`)# 12.8961 Debt Instruments Rating Coal India Ltd. Minerals/mining 3,167 11.38 1.48 NAV as on 30-Sep-2012 (a) Listed/Awaiting listing on Stock Exchanges Power Grid Corp. of India Ltd. Power 9,100 10.95 1.42 ` Non - Traded / Thinly Traded Scrips Dividend Option ( )# 11.8286 Axis Bank Ltd. Banks 950 10.80 1.40 Growth Option (`)# 13.5321 ECL Finance Ltd. CRISIL AA- 200 2,003.57 9.64 Cadila Healthcare Ltd. Pharmaceuticals 1,100 9.59 1.25 JM Financial Products Pvt. Ltd. CRISIL AA- 90 901.43 4.34 Pidilite Industries Ltd. Chemicals 4,494 9.28 1.21 b) Dividends declared during the Half - year ended September 30, 2012: NIL Reliance Ports & Terminals Ltd. CARE AAA 50 526.71 2.53 GlaxoSmithkline c) Average Maturity as on September 30, 2012 0.36 Years Power Grid Corp. of India Ltd. CRISIL AAA 20 61.55 0.30 Consumer Healthcare Ltd. Consumer Non Durables 300 8.98 1.17 Dr. Reddy's Laboratories Ltd. ICRA AA+ 71,058 3.57 0.02 Yes Bank Ltd. Banks 2,200 8.41 1.09 Total 3,496.83 16.83 Torrent Pharmaceuticals Ltd. Pharmaceuticals 1,200 8.34 1.08 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XVI ICRA Ltd. Finance 634 8.15 1.06 Company Name Industry Classification Quantity Market Value % to Net (b) Privately Placed / Unlisted Wipro Ltd. Software 2,100 8.01 1.04 (` in Lakhs) Assets HPCL-Mittal Energy Ltd. ICRA AA- 290 2,960.15 14.24 Asian Paints Ltd. Consumer Non Durables 200 7.87 1.02 Total 2,960.15 14.24 Oracle Financial Services Software Ltd. Software 210 6.32 0.82 Equity & Equity Related Jagran Prakashan Ltd. Media & Entertainment 6,630 6.06 0.79 (a) Listed/Awaiting listing on Stock Exchanges Totals 20,945.72 100.79 India Cements Ltd. Cement 6,136 5.83 0.76 ICICI Bank Ltd. Banks 9,550 100.97 1.39 Hindalco Industries Ltd. Non - Ferrous Metals 4,811 5.80 0.75 Bharti Airtel Ltd. Telecom - Services 32,300 85.54 1.17 Call, Cash & Other Assets (157.70) (0.79) Balkrishna Industries Ltd. Auto Ancillaries 2,000 5.68 0.74 Infosys Ltd. Software 3,350 84.89 1.17 Petronet LNG Ltd. Gas 3,500 5.52 0.72 HDFC Bank Ltd. Banks 13,500 84.87 1.17 Voltas Ltd. Construction Project 4,400 5.48 0.71 Net Assets 20,788.02 100.00 Grasim Industries Ltd. Cement 2,300 76.25 1.05 Polaris Financial Technology Ltd. Software 4,100 5.35 0.69 Cummins India Ltd. Industrial Products 10,900 55.32 0.76 *Less than 0.01% SKF India Ltd. Industrial Products 800 5.31 0.69 IndusInd Bank Ltd. Banks 14,900 52.72 0.72 Note: GlaxoSmithkline Pharmaceuticals Ltd. Pharmaceuticals 260 5.14 0.67 Kotak Mahindra Bank Ltd. Banks 8,011 51.90 0.71 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Pfizer Ltd. Pharmaceuticals 400 5.00 0.65 Marico Ltd. Consumer Non Durables 23,200 46.27 0.64 Indian Oil Corp. Ltd. Petroleum Products 1,900 4.76 0.62 NAV as on 31-Mar-2012 Oil & Natural Gas Corp. Ltd. Oil 15,500 43.46 0.60 Gujarat Pipavav Port Ltd. Transportation 8,900 4.63 0.60 Dividend Plan (`)# 18.0217 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 2,400 39.54 0.54 Mangalore Refinery and Growth Plan (`)# 49.2317 IPCA Laboratories Ltd. Pharmaceuticals 8,000 38.54 0.53 Petrochemicals Ltd. Petroleum Products 7,000 4.26 0.55 Mahindra & Mahindra Ltd. Auto 4,200 36.31 0.50 NAV as on 30-Sep-2012 NHPC Ltd. Power 18,100 3.50 0.45 Eicher Motors Ltd. Auto 1,500 34.50 0.47 Dividend Plan (`)# 16.8933 Amara Raja Batteries Ltd. Auto Ancillaries 1,400 3.07 0.40 Axis Bank Ltd. Banks 2,700 30.69 0.42 Growth Plan (`)# 52.2659 Cipla Ltd. Pharmaceuticals 800 3.04 0.39 Power Grid Corp. of India Ltd. Power 25,300 30.45 0.42 Crisil Ltd. Finance 300 2.90 0.38 b) Dividends declared during the Half - year ended September 30, 2012: GlaxoSmithkline Gujarat Mineral Development Corp. Ltd. Minerals/mining 1,300 2.57 0.33 Consumer Healthcare Ltd. Consumer Non Durables 1,000 29.94 0.41 Chennai Petroleum Corp. Ltd. Petroleum Products 1,884 2.44 0.32 Cadila Healthcare Ltd. Pharmaceuticals 3,000 26.17 0.36 Plan Name Dividend per unit Gujarat State Petronet Ltd. Gas 3,000 2.42 0.31 Pidilite Industries Ltd. Chemicals 11,891 24.54 0.34 Bharat Electronics Ltd. Industrial Capital Goods 200 2.41 0.31 Dividend Plan 2.0000 Torrent Pharmaceuticals Ltd. Pharmaceuticals 3,400 23.62 0.32 TVS Motor Co. Ltd. Auto 4,900 2.07 0.27 Yes Bank Ltd. Banks 6,000 22.93 0.31 Orient Paper & Industries Ltd. Cement 132 0.10 0.01 ICRA Ltd. Finance 1,781 22.89 0.31 c) Average Maturity as on September 30, 2012 6.90 Years Total 520.08 67.54 Wipro Ltd. Software 5,900 22.49 0.31 Oracle Financial Services Software Ltd. Software 570 17.16 0.24 d) ** Total value and percentage of illiquid securities ` 0.03 Lakhs and 0.0001% of net assets Debt Instruments Rating Jagran Prakashan Ltd. Media & Entertainment 17,416 15.91 0.22 (a) Listed / awaiting listing on Stock Exchanges Petronet LNG Ltd. Gas 10,000 15.78 0.22 TEMPLETON INDIA CHILDREN'S ASSET PLAN - EDUCATION PLAN Non - Traded / Thinly Traded Scrips Asian Paints Ltd. Consumer Non Durables 400 15.75 0.22 National Housing Bank CRISIL AAA 8 79.24 10.29 Company Name Industry Classification Quantity Market Value % to Net Balkrishna Industries Ltd. Auto Ancillaries 5,500 15.63 0.21 Dr. Reddy's Laboratories Ltd. ICRA AA+ 1,890 0.10 0.01 (` in Lakhs) Assets Pfizer Ltd. Pharmaceuticals 1,200 14.99 0.21 Total 79.34 10.30 Voltas Ltd. Construction Project 11,800 14.70 0.20 SKF India Ltd. Industrial Products 2,200 14.62 0.20 Equity & Equity Related Money Market Instruments Coal India Ltd. Minerals/Mining 4,000 14.38 0.20 (a) Listed/Awaiting listing on Stock Exchanges Certificate of Deposit Polaris Financial Technology Ltd. Software 11,000 14.35 0.20 Infosys Ltd. Software 83 2.10 1.25 State Bank of Patiala ICRA A1+ 150 147.21 19.12 GlaxoSmithkline Pharmaceuticals Ltd. Pharmaceuticals 700 13.84 0.19 ICICI Bank Ltd. Banks 192 2.03 1.21 Canara Bank CRISIL A1+ 20 19.28 2.50 Indian Oil Corp. Ltd. Petroleum Products 5,500 13.78 0.19 HDFC Bank Ltd. Banks 245 1.54 0.92 Total 166.49 21.62 Mangalore Refinery and Grasim Industries Ltd. Cement 40 1.33 0.79 Petrochemicals Ltd. Petroleum Products 19,000 11.56 0.16 IndusInd Bank Ltd. Banks 340 1.20 0.71 Totals 765.91 99.46 Hindalco Industries Ltd. Non - Ferrous Metals 9,000 10.85 0.15

Cummins India Ltd. Industrial Products 225 1.14 0.68 Cipla Ltd. Pharmaceuticals 2,200 8.37 0.11 Marico Ltd. Consumer Non Durables 540 1.08 0.64 Call, Cash & Other Assets 3.89 0.54 Amara Raja Batteries Ltd. Auto Ancillaries 3,800 8.34 0.11

Bharti Airtel Ltd. Telecom - Services 400 1.06 0.63 Crisil Ltd. Finance 800 7.72 0.11 Oil & Natural Gas Corp. Ltd. Oil 376 1.05 0.63 Net Assets 769.80 100.00 Gujarat State Petronet Ltd. Gas 9,400 7.58 0.10 Kotak Mahindra Bank Ltd. Banks 150 0.97 0.58 Bharat Electronics Ltd. Industrial Capital Goods 600 7.23 0.10 IPCA Laboratories Ltd. Pharmaceuticals 200 0.96 0.57 Note: Chennai Petroleum Corp. Ltd. Petroleum Products 5,154 6.66 0.09 GlaxoSmithkline a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Gujarat Pipavav Port Ltd. Transportation 12,000 6.25 0.09 Consumer Healthcare Ltd. Consumer Non Durables 30 0.90 0.54 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 3,000 5.92 0.08 Cadila Healthcare Ltd. Pharmaceuticals 100 0.87 0.52 NAV as on 31-Mar-2012 Orient Paper & Industries Ltd. Cement 347 0.26 0.00* Dividend Option (`)# 44.9960 Reliance Industries Ltd. Petroleum Products 100 0.84 0.50 Total 1,326.43 18.22 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 50 0.82 0.49 Growth Option (`)# 44.9960 Asian Paints Ltd. Consumer Non Durables 20 0.79 0.47 NAV as on 30-Sep-2012 Debt Instruments Rating Power Grid Corp. of India Ltd. Power 590 0.71 0.42 Dividend Option (`)# 47.5022 (a) Listed/Awaiting listing on Stock Exchanges Yes Bank Ltd. Banks 150 0.57 0.34 Growth Option (`)# 47.5022 Non - Traded / Thinly Traded Scrips Axis Bank Ltd. Banks 50 0.57 0.34 Power Finance Corp. Ltd. CRISIL AAA 100 1,013.72 13.92 Torrent Pharmaceuticals Ltd. Pharmaceuticals 80 0.56 0.33 b) Dividends declared during the Half - year ended September 30, 2012: NIL National Housing Bank CRISIL AAA 100 1,012.86 13.91 ICRA Ltd. Finance 43 0.55 0.33 c) Average Maturity as on September 30, 2012 0.42 Years LIC Housing Finance Ltd. CRISIL AAA 100 1,010.23 13.87 Coal India Ltd. Minerals/Mining 150 0.54 0.32 NABARD CRISIL AAA 100 1,008.87 13.85 Eicher Motors Ltd. Auto 23 0.53 0.32 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES IX - PLAN B ONGC Videsh Ltd. CRISIL AAA 90 889.94 12.22 Mahindra & Mahindra Ltd. Auto 50 0.43 0.26 Rural Electrification Corp. Ltd. ICRA AAA 50 506.04 6.95 Pidilite Industries Ltd. Chemicals 209 0.43 0.26 Company Name Industry Classification Quantity Market Value % to Net Total 5,441.66 74.72 Jagran Prakashan Ltd. Media & Entertainment 436 0.40 0.24 (` in Lakhs) Assets Petronet LNG Ltd. Gas 250 0.39 0.23 Totals 6,768.09 92.94

Polaris Financial Technology Ltd. Software 300 0.39 0.23 Equity & Equity Related (a) Listed/Awaiting listing on Stock Exchanges Call, Cash & Other Assets 513.62 7.06 Pfizer Ltd. Pharmaceuticals 30 0.37 0.22 SKF India Ltd. Industrial Products 50 0.33 0.20 Grasim Industries Ltd. Cement 4,000 132.62 2.12 Net Assets 7,281.71 100.00 Voltas Ltd. Construction Project 250 0.31 0.18 ICICI Bank Ltd. Banks 12,297 130.01 2.08 India Cements Ltd. Cement 322 0.31 0.18 Infosys Ltd. Software 4,297 108.89 1.74 *Less than 0.01% Oracle Financial Services Software Ltd. Software 10 0.30 0.18 HDFC Bank Ltd. Banks 17,180 108.01 1.72 Note: Bharti Airtel Ltd. Telecom - Services 32,326 85.62 1.37 Indian Oil Corp. Ltd. Petroleum Products 120 0.30 0.18 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Cummins India Ltd. Industrial Products 14,000 71.06 1.13 Balkrishna Industries Ltd. Auto Ancillaries 100 0.28 0.17 Kotak Mahindra Bank Ltd. Banks 10,500 68.03 1.09 NAV as on 31-Mar-2012 Amara Raja Batteries Ltd. Auto Ancillaries 100 0.22 0.13 IndusInd Bank Ltd. Banks 19,100 67.58 1.08 Dividend Plan (`)# 10.1040 NHPC Ltd. Power 1,100 0.21 0.13 Reliance Industries Ltd. Petroleum Products 7,600 63.59 1.02 Growth Plan (`)# 10.1040 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 10 0.20 0.12 Marico Ltd. Consumer Non Durables 29,900 59.64 0.95 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 100 0.20 0.12 NAV as on 30-Sep-2012 IPCA Laboratories Ltd. Pharmaceuticals 10,900 52.52 0.84 Crisil Ltd. Finance 20 0.19 0.11 Dividend Plan (`)# 10.6552 Eicher Motors Ltd. Auto 2,271 52.23 0.83 Growth Plan (`)# 10.6552 Wipro Ltd. Software 50 0.19 0.11 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 3,100 51.07 0.82 Cipla Ltd. Pharmaceuticals 50 0.19 0.11 Oil & Natural Gas Corp. Ltd. Oil 16,812 47.14 0.75 b) Dividends declared during the Half - year ended September 30, 2012: NIL Mangalore Refinery and Mahindra & Mahindra Ltd. Auto 5,447 47.09 0.75 Petrochemicals Ltd. Petroleum Products 300 0.18 0.11 Axis Bank Ltd. Banks 3,600 40.92 0.65 c) Average Maturity as on September 30, 2012 1.98 Years FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XV FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIV - PLAN B (Contd.) FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIII - PLAN A (Contd.) Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets (` in Lakhs) Assets

Equity & Equity Related Debt Instruments Rating ICRA Ltd. Finance 8,478 108.95 0.32 (a) Listed/Awaiting listing on Stock Exchanges (a) Listed / Awaiting listing on Stock Exchanges Wipro Ltd. Software 27,710 105.66 0.31 ICICI Bank Ltd. Banks 12,550 132.68 1.39 Non - Traded / Thinly Traded Scrips Pidilite Industries Ltd. Chemicals 43,222 89.21 0.26 Infosys Ltd. Software 4,383 111.07 1.16 Housing Development Finance Corp. Ltd. CRISIL AAA 150 1,766.73 15.34 Asian Paints Ltd. Consumer Non Durables 2,050 80.70 0.24 HDFC Bank Ltd. Banks 17,400 109.39 1.14 Power Grid Corp. of India Ltd. CRISIL AAA 120 1,497.89 13.01 Oracle Financial Services Software Ltd. Software 2,680 80.69 0.24 Grasim Industries Ltd. Cement 3,000 99.46 1.04 Power Finance Corp. Ltd. CRISIL AAA 140 1,426.96 12.39 Jagran Prakashan Ltd. Media & Entertainment 84,720 77.39 0.23 Bharti Airtel Ltd. Telecom - Services 32,192 85.26 0.89 Rural Electrification Corp. Ltd. CRISIL AAA 140 1,425.72 12.38 Petronet LNG Ltd. Gas 47,000 74.14 0.22 Cummins India Ltd. Industrial Products 14,300 72.58 0.76 National Housing Bank CRISIL AAA 130 1,294.19 11.24 Hindalco Industries Ltd. Non - Ferrous Metals 61,026 73.54 0.22 Kotak Mahindra Bank Ltd. Banks 10,700 69.33 0.73 LIC Housing Finance Ltd. CRISIL AAA 85 844.34 7.33 Balkrishna Industries Ltd. Auto Ancillaries 25,000 71.04 0.21 IndusInd Bank Ltd. Banks 19,500 68.99 0.72 Export-Import Bank of India CRISIL AAA 2 20.28 0.18 SKF India Ltd. Industrial Products 10,600 70.42 0.21 Reliance Industries Ltd. Petroleum Products 7,700 64.43 0.67 Dr. Reddy's Laboratories Ltd. ICRA AA+ 8,100 0.41 0.00* Voltas Ltd. Construction Project 56,000 69.78 0.20 Marico Ltd. Consumer Non Durables 30,500 60.83 0.64 Total 8,276.52 71.87 Polaris Financial Technology Ltd. Software 53,000 69.14 0.20 Eicher Motors Ltd. Auto 2,400 55.19 0.58 Pfizer Ltd. Pharmaceuticals 5,500 68.75 0.20 IPCA Laboratories Ltd. Pharmaceuticals 10,800 52.03 0.54 Totals 10,430.35 90.58 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 3,400 67.22 0.20 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 3,100 51.07 0.53 India Cements Ltd. Cement 67,872 64.44 0.19 Oil & Natural Gas Corp. Ltd. Oil 17,280 48.45 0.51 Call, Cash & Other Assets 1,086.36 9.42 Indian Oil Corp. Ltd. Petroleum Products 25,200 63.14 0.18 Mahindra & Mahindra Ltd. Auto 5,550 47.98 0.50 Mangalore Refinery Axis Bank Ltd. Banks 3,600 40.92 0.43 Net Assets 11,516.71 100.00 and Petrochemicals Ltd. Petroleum Products 89,000 54.16 0.16 Power Grid Corp. of India Ltd. Power 33,200 39.96 0.42 NHPC Ltd. Power 236,000 45.67 0.13 Coal India Ltd. Minerals/Mining 10,939 39.32 0.41 *Less than 0.01% Amara Raja Batteries Ltd. Auto Ancillaries 18,000 39.49 0.12 Cadila Healthcare Ltd. Pharmaceuticals 4,100 35.76 0.37 Note: Cipla Ltd. Pharmaceuticals 10,000 38.06 0.11 GlaxoSmithkline Gujarat State Petronet Ltd. Gas 44,000 35.49 0.10 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Consumer Healthcare Ltd. Consumer Non Durables 1,050 31.43 0.33 Crisil Ltd. Finance 3,600 34.74 0.10 Yes Bank Ltd. Banks 8,000 30.58 0.32 NAV as on 31-Mar-2012 Gujarat Mineral Development Corp. Ltd. Minerals/mining 17,000 33.55 0.10 Torrent Pharmaceuticals Ltd. Pharmaceuticals 4,400 30.56 0.32 Dividend Option (`)# 10.2160 Bharat Electronics Ltd. Industrial Capital Goods 2,700 32.55 0.10 ICRA Ltd. Finance 2,378 30.56 0.32 Growth Option (`)# 10.6189 Chennai Petroleum Corp. Ltd. Petroleum Products 24,617 31.82 0.09 Wipro Ltd. Software 7,700 29.36 0.31 NAV as on 30-Sep-2012 Gujarat Pipavav Port Ltd. Transportation 55,000 28.63 0.08 Pidilite Industries Ltd. Chemicals 11,978 24.72 0.26 Dividend Option (`)# 10.7160 TVS Motor Co. Ltd. Auto 54,000 22.82 0.07 Oracle Financial Services Software Ltd. Software 750 22.58 0.24 Growth Option (`)# 11.1387 Orient Paper & Industries Ltd. Cement 1,662 1.23 0.00* Jagran Prakashan Ltd. Media & Entertainment 23,767 21.71 0.23 Total 6,576.22 19.26 Asian Paints Ltd. Consumer Non Durables 550 21.65 0.23 b) Dividends declared during the Half - year ended September 30, 2012: NIL Petronet LNG Ltd. Gas 13,000 20.51 0.21 c) Average Maturity as on September 30, 2012 0.84 Years Debt Instruments Rating Balkrishna Industries Ltd. Auto Ancillaries 7,200 20.46 0.21 (a) Listed / Awaiting listing on Stock Exchanges Hindalco Industries Ltd. Non - Ferrous Metals 16,812 20.26 0.21 FRANKLIN TEMPLETON FIXED TENURE FUND SERIES XIV PLAN A Non - Traded / Thinly Traded Scrips Polaris Financial Technology Ltd. Software 15,000 19.57 0.20 Housing Development Finance Corp. Ltd. CRISIL AAA 400 3,985.13 11.66 Company Name Industry Classification Quantity Market Value % to Net Voltas Ltd. Construction Project 15,600 19.44 0.20 Indian Railway Finance Corp. Ltd. CRISIL AAA 350 3,507.18 10.26 (` in Lakhs) Assets Pfizer Ltd. Pharmaceuticals 1,550 19.37 0.20 Rural Electrification Corp. Ltd. CRISIL AAA 310 3,089.27 9.04 SKF India Ltd. Industrial Products 2,900 19.27 0.20 Power Finance Corp. Ltd. CRISIL AAA 300 2,999.85 8.78 Equity & Equity Related India Cements Ltd. Cement 18,873 17.92 0.19 Export Import Bank of India CRISIL AAA 250 2,502.09 7.32 (a) Listed/Awaiting listing on Stock Exchanges Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 900 17.79 0.19 Hindustan Petroleum Corp. Ltd. CRISIL AAA 250 2,493.79 7.30 ICICI Bank Ltd. Banks 9,530 100.76 1.39 Indian Oil Corp. Ltd. Petroleum Products 7,000 17.54 0.18 NABARD CRISIL AAA 200 2,000.06 5.85 Infosys Ltd. Software 3,354 84.99 1.17 Mangalore Refinery and Power Grid Corp. of India CRISIL AAA 40 500.28 1.46 HDFC Bank Ltd. Banks 13,500 84.87 1.17 Petrochemicals Ltd. Petroleum Products 25,000 15.21 0.16 Dr. Reddy's Laboratories Ltd. ICRA AA+ 24,402 1.23 0.00* NHPC Ltd. Power 65,000 12.58 0.13 Bharti Airtel Ltd. Telecom - Services 24,483 64.84 0.89 Grasim Industries Ltd. Cement 1,800 59.68 0.82 Total 21,078.88 61.67 Cipla Ltd. Pharmaceuticals 3,000 11.42 0.12 Cummins India Ltd. Industrial Products 10,900 55.32 0.76 Amara Raja Batteries Ltd. Auto Ancillaries 5,000 10.97 0.11 IndusInd Bank Ltd. Banks 14,800 52.36 0.72 Money Market Instruments Gujarat State Petronet Ltd. Gas 12,000 9.68 0.10 Kotak Mahindra Bank Ltd. Banks 8,000 51.83 0.71 Certificate of Deposit Crisil Ltd. Finance 1,000 9.65 0.10 Reliance Industries Ltd. Petroleum Products 5,900 49.37 0.68 Oriental Bank of Commerce CRISIL A1+ 2,500 2,462.15 7.20 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 4,800 9.47 0.10 Marico Ltd. Consumer Non Durables 23,200 46.27 0.64 Total 2,462.15 7.20

Bharat Electronics Ltd. Industrial Capital Goods 750 9.04 0.09 Eicher Motors Ltd. Auto 1,757 40.41 0.56 Chennai Petroleum Corp. Ltd. Petroleum Products 6,843 8.84 0.09 IPCA Laboratories Ltd. Pharmaceuticals 8,300 39.99 0.55 Totals 30,117.25 88.13

Gujarat Pipavav Port Ltd. Transportation 16,000 8.33 0.09 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 2,400 39.54 0.55 TVS Motor Co. Ltd. Auto 15,000 6.34 0.07 Mahindra & Mahindra Ltd. Auto 4,276 36.97 0.51 Call, Cash & Other Assets 4,061.39 11.87

Orient Paper & Industries Ltd. Cement 451 0.33 0.00* Oil & Natural Gas Corp. Ltd. Oil 13,000 36.45 0.50 Net Assets 34,178.64 100.00 Total 1,831.84 19.14 Axis Bank Ltd. Banks 2,700 30.69 0.42 Power Grid Corp. of India Ltd. Power 25,300 30.45 0.42 *Less than 0.01% Debt Instruments Rating Coal India Ltd. Minerals/Mining 8,308 29.86 0.41 Note: (a) Listed/Awaiting listing on Stock Exchanges Cadila Healthcare Ltd. Pharmaceuticals 3,100 27.04 0.37 Non - Traded / Thinly Traded Scrips GlaxoSmithkline a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Rural Electrification Corp. Ltd. CRISIL AAA 120 1,218.33 12.75 Consumer Healthcare Ltd. Consumer Non Durables 795 23.80 0.33 NAV as on 31-Mar-2012 Power Finance Corp. Ltd. CRISIL AAA 100 1,026.41 10.74 Yes Bank Ltd. Banks 6,000 22.93 0.32 Dividend Option (`)# 10.2930 Housing Development Finance Corp. Ltd. CRISIL AAA 100 1,007.90 10.54 Torrent Pharmaceuticals Ltd. Pharmaceuticals 3,300 22.92 0.32 Growth Option (`)# 11.0111 ICRA Ltd. Finance 1,781 22.89 0.32 LIC Housing Finance Ltd. CRISIL AAA 100 1,005.40 10.52 NAV as on 30-Sep-2012 Wipro Ltd. Software 5,900 22.50 0.31 Indian Railway Finance Corp. Ltd. CRISIL AAA 100 1,000.08 10.46 Dividend Option (`)# 10.7545 Pidilite Industries Ltd. Chemicals 9,148 18.88 0.26 Bharat Petroleum Corp. Ltd. CRISIL AAA 50 499.82 5.23 Growth Option (`)# 11.5048 National Housing Bank CRISIL AAA 20 199.11 2.08 Oracle Financial Services Software Ltd. Software 570 17.16 0.24 Dr. Reddy's Laboratories Ltd. ICRA AA+ 6,750 0.34 0.00* Jagran Prakashan Ltd. Media & Entertainment 18,440 16.84 0.23 b) Dividends declared during the Half - year ended September 30, 2012 NIL Total 5,957.39 62.32 Petronet LNG Ltd. Gas 10,000 15.78 0.22 Asian Paints Ltd. Consumer Non Durables 400 15.75 0.22 c) Average Maturity as on September 30, 2012 0.20 Years Balkrishna Industries Ltd. Auto Ancillaries 5,500 15.63 0.22 Totals 7,789.23 81.46 Hindalco Industries Ltd. Non - Ferrous Metals 12,830 15.46 0.21 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XII - PLAN C Pfizer Ltd. Pharmaceuticals 1,200 15.00 0.21 Company Name Industry Classification Quantity Market Value % to Net Voltas Ltd. Construction Project 12,000 14.95 0.21 Call, Cash & Other Assets 1,769.00 18.54 (` in Lakhs) Assets Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 750 14.83 0.20

SKF India Ltd. Industrial Products 2,200 14.62 0.20 Equity & Equity Related Net Assets 9,558.23 100.00 Polaris Financial Technology Ltd. Software 11,000 14.35 0.20 (a) Listed/Awaiting listing on Stock Exchanges *Less than 0.01% India Cements Ltd. Cement 14,404 13.68 0.19 Note: Indian Oil Corp. Ltd. Petroleum Products 5,300 13.28 0.18 ICICI Bank Ltd. Banks 57,957 612.75 2.07 Mangalore Refinery and HDFC Bank Ltd. Banks 81,500 512.39 1.73 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Petrochemicals Ltd. Petroleum Products 19,000 11.56 0.16 Infosys Ltd. Software 20,093 509.16 1.72 NHPC Ltd. Power 50,000 9.68 0.13 NAV as on 31-Mar-2012 Grasim Industries Ltd. Cement 14,200 470.79 1.59 Dividend Plan (`)# 10.3035 Cipla Ltd. Pharmaceuticals 2,200 8.37 0.12 Amara Raja Batteries Ltd. Auto Ancillaries 3,800 8.34 0.11 Bharti Airtel Ltd. Telecom - Services 151,769 401.96 1.36 Growth Plan (`)# 10.7572 CRISIL Ltd. Finance 800 7.72 0.11 Cummins India Ltd. Industrial Products 66,000 334.98 1.13 NAV as on 30-Sep-2012 Gujarat State Petronet Ltd. Gas 9,400 7.58 0.10 Kotak Mahindra Bank Ltd. Banks 49,000 317.47 1.07 Dividend Plan (`)# 10.8046 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 3,700 7.30 0.10 IndusInd Bank Ltd. Banks 89,500 316.65 1.07 Growth Plan (`)# 11.2804 Chennai Petroleum Corp. Ltd. Petroleum Products 5,154 6.66 0.09 Reliance Industries Ltd. Petroleum Products 36,000 301.21 1.02 Bharat Electronics Ltd. Industrial Capital Goods 550 6.63 0.09 Marico Ltd. Consumer Non Durables 141,000 281.22 0.95 b) Dividends declared during the Half - year ended September 30, 2012: NIL Gujarat Pipavav Port Ltd. Transportation 12,000 6.25 0.09 TVS Motor Co. Ltd. Auto 11,000 4.65 0.06 Eicher Motors Ltd. Auto 10,667 245.31 0.83 c) Average Maturity as on September 30, 2012 0.82 Years Orient Paper & Industries Ltd. Cement 347 0.26 0.00* IPCA Laboratories Ltd. Pharmaceuticals 50,000 240.90 0.81 Total 1,377.94 18.99 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 14,460 238.21 0.81 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIV - PLAN B Mahindra & Mahindra Ltd. Auto 25,523 220.65 0.75 Debt Instruments Rating Company Name Industry Classification Quantity Market Value % to Net Oil & Natural Gas Corp. Ltd. Oil 76,000 213.10 0.72 (a) Listed/Awaiting listing on Stock Exchanges (` in Lakhs) Assets Axis Bank Ltd. Banks 16,200 184.15 0.62 Non - Traded/Thinly Traded Scrips Power Grid Corp. of India Ltd. Power 153,000 184.14 0.62 Rural Electrification Corp. Ltd. CRISIL AAA 100 995.75 13.73 Equity & Equity Related National Housing Bank CRISIL AAA 100 990.44 13.65 Coal India Ltd. Minerals/Mining 50,814 182.65 0.62 (a) Listed / Awaiting listing on Stock Exchanges LIC Housing Finance Ltd. CRISIL AAA 95 943.55 13.01 Cadila Healthcare Ltd. Pharmaceuticals 19,200 167.46 0.57 ICICI Bank Ltd. Banks 15,100 159.64 1.39 Power Finance Corp. Ltd. CRISIL AAA 90 912.14 12.57 GlaxoSmithkline Consumer Infosys Ltd. Software 5,256 133.19 1.16 Housing Development Finance Corp. Ltd. CRISIL AAA 90 902.63 12.44 Healthcare Ltd. Consumer Non Durables 4,800 143.70 0.49 HDFC Bank Ltd. Banks 20,900 131.40 1.14 Dr. Reddy's Laboratories Ltd. ICRA AA+ 5,142 0.26 0.00* ICRA Ltd. Finance 10,930 140.46 0.47 Total 4,744.77 65.40 Bharti Airtel Ltd. Telecom - Services 38,736 102.59 0.89 Torrent Pharmaceuticals Ltd. Pharmaceuticals 20,200 140.32 0.47 Cummins India Ltd. Industrial Products 17,300 87.81 0.76 Yes Bank Ltd. Banks 36,000 137.59 0.47 Kotak Mahindra Bank Ltd. Banks 13,000 84.23 0.73 Totals 6,122.71 84.39 IndusInd Bank Ltd. Banks 23,500 83.14 0.72 Wipro Ltd. Software 35,700 136.12 0.46 Reliance Industries Ltd. Petroleum Products 9,300 77.81 0.68 Call, Cash & Other Assets 1,130.89 15.61 Pidilite Industries Ltd. Chemicals 55,752 115.07 0.39 Marico Ltd. Consumer Non Durables 36,800 73.40 0.64 Asian Paints Ltd. Consumer Non Durables 2,700 106.29 0.36 Grasim Industries Ltd. Cement 2,000 66.31 0.58 Net Assets 7,253.60 100.00 Oracle Financial Services Software Ltd. Software 3,440 103.58 0.35 Eicher Motors Ltd. Auto 2,798 64.35 0.56 Jagran Prakashan Ltd. Media & Entertainment 108,682 99.28 0.34 IPCA Laboratories Ltd. Pharmaceuticals 13,000 62.63 0.54 *Less than 0.01% Note: Hindalco Industries Ltd. Non - Ferrous Metals 79,070 95.28 0.32 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 3,800 62.60 0.54 Petronet LNG Ltd. Gas 60,000 94.65 0.32 Mahindra & Mahindra Ltd. Auto 6,728 58.16 0.51 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Balkrishna Industries Ltd. Auto Ancillaries 33,000 93.77 0.32 Oil & Natural Gas Corp. Ltd. Oil 20,500 57.48 0.50 NAV as on 31-Mar-2012 Voltas Ltd. Construction Project 73,800 91.95 0.31 Axis Bank Ltd. Banks 4,300 48.88 0.42 Dividend Option (`)# 10.1981 Polaris Financial Technology Ltd. Software 70,000 91.32 0.31 Power Grid Corp. of India Ltd. Power 40,000 48.14 0.42 Growth Option (`)# 10.6514 Coal India Ltd. Minerals/mining 13,270 47.70 0.41 SKF India Ltd. Industrial Products 13,700 91.02 0.31 NAV as on 30-Sep-2012 Cadila Healthcare Ltd. Pharmaceuticals 5,000 43.61 0.38 Pfizer Ltd. Pharmaceuticals 7,100 88.75 0.30 Dividend Option (`)# 10.6525 GlaxoSmithkline Growth Option (`)# 11.1260 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 4,400 86.99 0.29 Consumer Healthcare Ltd. Consumer Non Durables 1,250 37.42 0.32 India Cements Ltd. Cement 88,411 83.95 0.28 b) Dividends declared during the Half - year ended September 30, 2012 NIL Torrent Pharmaceuticals Ltd. Pharmaceuticals 5,300 36.82 0.32 Indian Oil Corp. Ltd. Petroleum Products 32,300 80.93 0.27 Yes Bank Ltd. Banks 9,600 36.69 0.32 c) Average Maturity as on September 30, 2012 0.44 Years Mangalore Refinery ICRA Ltd. Finance 2,826 36.32 0.32 Wipro Ltd. Software 9,300 35.46 0.31 and Petrochemicals Ltd. Petroleum Products 114,000 69.37 0.23 Pidilite Industries Ltd. Chemicals 14,424 29.77 0.26 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIII - PLAN A NHPC Ltd. Power 310,000 59.99 0.20 Asian Paints Ltd. Consumer Non Durables 700 27.56 0.24 Company Name Industry Classification Quantity Market Value % to Net Cipla Ltd. Pharmaceuticals 14,000 53.28 0.18 Oracle Financial Services Software Ltd. Software 900 27.10 0.24 (` in Lakhs) Assets Amara Raja Batteries Ltd. Auto Ancillaries 22,000 48.27 0.16 Jagran Prakashan Ltd. Media & Entertainment 28,977 26.47 0.23 Gujarat State Petronet Ltd. Gas 57,000 45.97 0.16 Petronet LNG Ltd. Gas 16,000 25.24 0.22 Equity & Equity Related Crisil Ltd. Finance 4,700 45.36 0.15 Hindalco Industries Ltd. Non - Ferrous Metals 20,668 24.90 0.22 (a) Listed / Awaiting listing on Stock Exchanges Gujarat Mineral Development Corp. Ltd. Minerals/Mining 22,000 43.42 0.15 Balkrishna Industries Ltd. Auto Ancillaries 8,700 24.72 0.21 ICICI Bank Ltd. Banks 44,842 474.09 1.39 Bharat Electronics Ltd. Industrial Capital Goods 3,400 40.99 0.14 Voltas Ltd. Construction Project 19,000 23.67 0.21 Infosys Ltd. Software 15,692 397.64 1.16 Polaris Financial Technology Ltd. Software 18,000 23.48 0.20 HDFC Bank Ltd. Banks 62,775 394.67 1.15 Chennai Petroleum Corp. Ltd. Petroleum Products 31,638 40.89 0.14 SKF India Ltd. Industrial Products 3,500 23.25 0.20 Grasim Industries Ltd. Cement 10,900 361.38 1.06 Gujarat Pipavav Port Ltd. Transportation 74,000 38.52 0.13 Pfizer Ltd. Pharmaceuticals 1,850 23.12 0.20 Bharti Airtel Ltd. Telecom - Services 115,575 306.10 0.90 TVS Motor Co. Ltd. Auto 70,000 29.58 0.10 GlaxoSmithkline Pharmaceuticals Ltd. Pharmaceuticals 1,100 21.75 0.19 Cummins India Ltd. Industrial Products 51,400 260.88 0.76 Orient Paper & Industries Ltd. Cement 2,181 1.62 0.01 India Cements Ltd. Cement 22,650 21.51 0.19 IndusInd Bank Ltd. Banks 69,700 246.60 0.72 Total 8,473.43 28.64 Kotak Mahindra Bank Ltd. Banks 38,000 246.20 0.72 Indian Oil Corp. Ltd. Petroleum Products 8,400 21.05 0.18 Mangalore Refinery and Reliance Industries Ltd. Petroleum Products 27,600 230.93 0.68 Debt Instruments Rating Petrochemicals Ltd. Petroleum Products 30,000 18.26 0.16 Marico Ltd. Consumer Non Durables 110,000 219.40 0.64 (a) Listed/Awaiting listing on Stock Exchanges NHPC Ltd. Power 79,000 15.29 0.13 Eicher Motors Ltd. Auto 8,313 191.18 0.56 IPCA Laboratories Ltd. Pharmaceuticals 39,000 187.90 0.55 Cipla Ltd. Pharmaceuticals 3,600 13.70 0.12 Non - Traded / Thinly Traded Scrips Dr. Reddy's Laboratories Ltd. Pharmaceuticals 11,204 184.57 0.54 Amara Raja Batteries Ltd. Auto Ancillaries 6,000 13.16 0.11 Rural Electrification Corp. Ltd. CRISIL AAA 350 3,461.61 11.70 Oil & Natural Gas Corp. Ltd. Oil 62,000 173.85 0.51 Gujarat State Petronet Ltd. Gas 15,000 12.10 0.11 ONGC Videsh Ltd. CRISIL AAA 350 3,460.88 11.70 Mahindra & Mahindra Ltd. Auto 20,015 173.03 0.51 Crisil Ltd. Finance 1,200 11.58 0.10 Axis Bank Ltd. Banks 12,900 146.64 0.43 Tata Motors Ltd. CRISIL AAA(SO) 260 3,196.26 10.81 Gujarat Mineral Development Corp. Ltd. Minerals/mining 5,800 11.45 0.10 Power Grid Corp. of India Ltd. Power 120,000 144.42 0.42 Power Grid Corp. of India CRISIL AAA 240 3,014.28 10.19 Bharat Electronics Ltd. Industrial Capital Goods 900 10.85 0.09 Coal India Ltd. Minerals/Mining 39,600 142.34 0.42 Power Finance Corp. Ltd. CRISIL AAA 280 2,798.80 9.46 Chennai Petroleum Corp. Ltd. Petroleum Products 8,265 10.68 0.09 Cadila Healthcare Ltd. Pharmaceuticals 14,900 129.96 0.38 Housing Development Finance Corp. Ltd. CRISIL AAA 250 2,462.23 8.32 Gujarat Pipavav Port Ltd. Transportation 18,000 9.37 0.08 GlaxoSmithkline Consumer Indian Railway Finance Corp. Ltd. CRISIL AAA 50 491.65 1.66 TVS Motor Co. Ltd. Auto 18,000 7.61 0.07 Healthcare Ltd. Consumer Non Durables 3,750 112.26 0.33 Dr. Reddy's Laboratories Ltd. ICRA AA+ 31,560 1.59 0.01 Orient Paper & Industries Ltd. Cement 555 0.41 0.00* Torrent Pharmaceuticals Ltd. Pharmaceuticals 15,900 110.45 0.32 Total 2,153.83 18.71 Yes Bank Ltd. Banks 28,600 109.31 0.32 Total 18,887.30 63.85 FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XII - PLAN C (Contd.) FRANKLIN TEMPLETON FIXED TENURE FUND SERIES XII PLAN A (Contd.) FRANKLIN TEMPLETON FIXED TENURE FUND SERIES X PLAN D (Contd.) Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets (` in Lakhs) Assets

Totals 27,360.73 92.49 Axis Bank Ltd. Banks 13,900 158.01 0.43 Totals 803.75 92.19 Power Grid Corp. of India Ltd. Power 129,000 155.25 0.42 Call, Cash & Other Assets 2,218.82 7.51 Coal India Ltd. Minerals/Mining 42,999 154.56 0.42 Call, Cash & Other Assets 68.25 7.81

Cadila Healthcare Ltd. Pharmaceuticals 16,000 139.55 0.38 Net Assets 872.00 100.00 Net Assets 29,579.55 100.00 GlaxoSmithkline Consumer Healthcare Ltd. Consumer Non Durables 4,100 122.74 0.33 Note: *Less than 0.01% Torrent Pharmaceuticals Ltd. Pharmaceuticals 17,200 119.48 0.32 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Note: Yes Bank Ltd. Banks 31,000 118.48 0.32 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 NAV as on 31-Mar-2012 Wipro Ltd. Software 30,100 114.77 0.31 Dividend Option (`)# 10.7235 Pidilite Industries Ltd. Chemicals 46,810 96.62 0.26 NAV as on 31-Mar-2012 Growth Option (`)# 10.8273 Asian Paints Ltd. Consumer Non Durables 2,250 88.57 0.24 Dividend Option (`)# 11.3912 Oracle Financial Services Software Ltd. Software 2,910 87.62 0.24 Growth Option (`)# 13.5409 NAV as on 30-Sep-2012 ICRA Ltd. Finance 6,587 84.65 0.23 ` NAV as on 30-Sep-2012 Dividend Option ( )# 10.7709 Jagran Prakashan Ltd. Media & Entertainment 91,768 83.83 0.23 Growth Option (`)# 11.4064 Dividend Option (`)# 11.9366 Petronet LNG Ltd. Gas 51,000 80.45 0.22 Growth Option (`)# 14.1892 Balkrishna Industries Ltd. Auto Ancillaries 28,000 79.56 0.21 b) Dividends declared during the Half - year ended September 30, 2012: Hindalco Industries Ltd. Non - Ferrous Metals 64,069 77.20 0.21 b) Dividends declared during the Half - year ended September 30, 2012: NIL Dividend per unit SKF India Ltd. Industrial Products 11,600 77.06 0.21 Plan Name Voltas Ltd. Construction Project 61,000 76.01 0.20 c) Average Maturity as on September 30, 2012 0.69 Years Individuals/HUF Others Polaris Financial Technology Ltd. Software 58,000 75.66 0.20 Pfizer Ltd. Pharmaceuticals 6,000 75.00 0.20 Dividend Option 0.4405 0.3775 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 3,700 73.15 0.20 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN C c) Average Maturity as on September 30, 2012 1.82 Years India Cements Ltd. Cement 73,506 69.79 0.19 Company Name Industry Classification Quantity Market Value % to Net Indian Oil Corp. Ltd. Petroleum Products 27,400 68.65 0.18 (` in Lakhs) Assets FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XII - PLAN B Mangalore Refinery Company Name Industry Classification Quantity Market Value % to Net and Petrochemicals Ltd. Petroleum Products 97,000 59.02 0.16 Equity & Equity Related (` in Lakhs) Assets NHPC Ltd. Power 248,000 47.99 0.13 (a) Listed/Awaiting listing on Stock Exchanges Amara Raja Batteries Ltd. Auto Ancillaries 19,400 42.56 0.11 ICICI Bank Ltd. Banks 5,116 54.09 2.09 Equity & Equity Related Cipla Ltd. Pharmaceuticals 11,000 41.87 0.11 HDFC Bank Ltd. Banks 7,340 46.15 1.78 (a) Listed/Awaiting listing on Stock Exchanges Gujarat State Petronet Ltd. Gas 48,000 38.71 0.10 Infosys Ltd. Software 1,791 45.38 1.75 ICICI Bank Ltd. Banks 44,389 469.30 1.39 CRISIL Ltd. Finance 3,900 37.64 0.10 Grasim Industries Ltd. Cement 1,109 36.77 1.42 Infosys Ltd. Software 15,607 395.48 1.17 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 18,000 35.52 0.10 Bharti Airtel Ltd. Telecom - Services 13,140 34.80 1.34 HDFC Bank Ltd. Banks 61,965 389.57 1.15 Bharat Electronics Ltd. Industrial Capital Goods 2,900 34.97 0.09 Cummins India Ltd. Industrial Products 5,600 28.42 1.10 Grasim Industries Ltd. Cement 10,583 350.87 1.04 Gujarat Pipavav Port Ltd. Transportation 60,000 31.23 0.08 IndusInd Bank Ltd. Banks 7,900 27.95 1.08 Bharti Airtel Ltd. Telecom - Services 114,145 302.31 0.89 Chennai Petroleum Corp. Ltd. Petroleum Products 22,445 29.01 0.08 Kotak Mahindra Bank Ltd. Banks 4,200 27.21 1.05 Cummins India Ltd. Industrial Products 50,900 258.34 0.76 TVS Motor Co. Ltd. Auto 59,000 24.93 0.07 Reliance Industries Ltd. Petroleum Products 3,000 25.10 0.97 Kotak Mahindra Bank Ltd. Banks 37,800 244.91 0.72 Total 7,091.90 19.11 Marico Ltd. Consumer Non Durables 12,400 24.73 0.95 IndusInd Bank Ltd. Banks 69,100 244.48 0.72 IPCA Laboratories Ltd. Pharmaceuticals 4,700 22.64 0.87 Reliance Industries Ltd. Petroleum Products 27,400 229.26 0.68 Debt Instruments Rating Eicher Motors Ltd. Auto 950 21.85 0.84 Marico Ltd. Consumer Non Durables 108,000 215.41 0.64 (a) Listed/Awaiting listing on Stock Exchanges Oil & Natural Gas Corp. Ltd. Oil 7,636 21.41 0.83 Eicher Motors Ltd. Auto 8,121 186.76 0.55 Non - Traded / Thinly Traded Scrips Dr. Reddy's Laboratories Ltd. Pharmaceuticals 1,210 19.93 0.77 IPCA Laboratories Ltd. Pharmaceuticals 38,000 183.08 0.54 Rural Electrification Corp. Ltd. CRISIL AAA 513 5,129.02 13.82 Mahindra & Mahindra Ltd. Auto 2,246 19.42 0.75 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 11,000 181.21 0.54 Bharat Petroleum Corporation Ltd. CRISIL AAA 470 4,698.29 12.66 Coal India Ltd. Minerals/Mining 4,724 16.98 0.66 Oil & Natural Gas Corp. Ltd. Oil 61,564 172.63 0.51 Total 9,827.31 26.48 Power Grid Corp. of India Ltd. Power 13,500 16.25 0.63 Mahindra & Mahindra Ltd. Auto 19,792 171.10 0.51 Axis Bank Ltd. Banks 1,400 15.91 0.61 Axis Bank Ltd. Banks 12,800 145.50 0.43 Totals 16,919.21 45.59 Cadila Healthcare Ltd. Pharmaceuticals 1,750 15.26 0.59 Power Grid Corp. of India Ltd. Power 118,000 142.01 0.42 GlaxoSmithkline Consumer Coal India Ltd. Minerals/Mining 39,089 140.51 0.42 Call, Cash & other Assets 20,204.38 54.41 Healthcare Ltd. Consumer Non Durables 450 13.47 0.52 Cadila Healthcare Ltd. Pharmaceuticals 14,600 127.34 0.38 Torrent Pharmaceuticals Ltd. Pharmaceuticals 1,800 12.50 0.48 GlaxoSmithkline Consumer Net Assets 37,123.59 100.00 ICRA Ltd. Finance 959 12.32 0.48 Healthcare Ltd. Consumer Non Durables 3,700 110.77 0.33 Yes Bank Ltd. Banks 3,200 12.23 0.47 Note: Torrent Pharmaceuticals Ltd. Pharmaceuticals 15,800 109.75 0.32 Wipro Ltd. Software 3,000 11.44 0.44 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Yes Bank Ltd. Banks 28,300 108.16 0.32 Pidilite Industries Ltd. Chemicals 5,293 10.92 0.42

ICRA Ltd. Finance 8,390 107.82 0.32 Oracle Financial Services Software Ltd. Software 300 9.03 0.35 Wipro Ltd. Software 27,400 104.48 0.31 NAV as on 31-Mar-2012 ` Jagran Prakashan Ltd. Media & Entertainment 9,853 9.00 0.35 Pidilite Industries Ltd. Chemicals 42,496 87.71 0.26 Dividend Option ( )# 10.7356 Growth Option (`)# 11.3083 Balkrishna Industries Ltd. Auto Ancillaries 3,000 8.52 0.33 Asian Paints Ltd. Consumer Non Durables 2,050 80.70 0.24 Hindalco Industries Ltd. Non - Ferrous Metals 6,944 8.37 0.32 Oracle Financial Services Software Ltd. Software 2,660 80.09 0.24 NAV as on 30-Sep-2012 Petronet LNG Ltd. Gas 5,300 8.36 0.32 Jagran Prakashan Ltd. Media & Entertainment 83,772 76.53 0.23 Dividend Option (`)# 11.2146 India Cements Ltd. Cement 8,503 8.07 0.31 Petronet LNG Ltd. Gas 47,000 74.14 0.22 Growth Option (`)# 11.8128 SKF India Ltd. Industrial Products 1,200 7.97 0.31 Hindalco Industries Ltd. Non - Ferrous Metals 59,432 71.62 0.21 Asian Paints Ltd. Consumer Non Durables 200 7.87 0.30 Balkrishna Industries Ltd. Auto Ancillaries 25,000 71.04 0.21 b) Dividends declared during the Half - year ended September 30, 2012: NIL Voltas Ltd. Construction Project 6,300 7.85 0.30 SKF India Ltd. Industrial Products 10,500 69.76 0.21 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 390 7.71 0.30 c) Average Maturity as on September 30, 2012 0.01 Years Polaris Financial Technology Ltd. Software 53,000 69.14 0.20 Polaris Financial Technology Ltd. Software 5,900 7.70 0.30 Pfizer Ltd. Pharmaceuticals 5,500 68.75 0.20 Pfizer Ltd. Pharmaceuticals 600 7.50 0.29 FRANKLIN TEMPLETON FIXED TENURE FUND SERIES X PLAN D Voltas Ltd. Construction Project 55,000 68.53 0.20 Indian Oil Corp. Ltd. Petroleum Products 2,800 7.02 0.27 Glaxosmithkline Pharmaceuticals Ltd. Pharmaceuticals 3,300 65.24 0.19 Company Name Industry Classification Quantity Market Value % to Net Mangalore Refinery (` in Lakhs) Assets India Cements Ltd. Cement 66,852 63.48 0.19 and Petrochemicals Ltd. Petroleum Products 10,100 6.15 0.24 Indian Oil Corp. Ltd. Petroleum Products 24,900 62.39 0.18 NHPC Ltd. Power 26,000 5.03 0.19 Equity & Equity Related Mangalore Refinery Cipla Ltd. Pharmaceuticals 1,200 4.57 0.18 (a) Listed/Awaiting listing on Stock Exchanges and Petrochemicals Ltd. Petroleum Products 88,000 53.55 0.16 Amara Raja Batteries Ltd. Auto Ancillaries 2,000 4.39 0.17 ICICI Bank Ltd. Banks 1,716 18.14 2.08 NHPC Ltd. Power 232,000 44.89 0.13 Gujarat State Petronet Ltd. Gas 5,000 4.03 0.16 Infosys Ltd. Software 610 15.46 1.77 Amara Raja Batteries Ltd. Auto Ancillaries 17,800 39.05 0.12 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 2,000 3.95 0.15 HDFC Bank Ltd. Banks 2,425 15.25 1.75 Cipla Ltd. Pharmaceuticals 10,000 38.06 0.11 Crisil Ltd. Finance 400 3.86 0.15 Bharti Airtel Ltd. Telecom - Services 4,503 11.93 1.37 Gujarat State Petronet Ltd. Gas 44,000 35.49 0.10 Bharat Electronics Ltd. Industrial Capital Goods 300 3.62 0.14 Cummins India Ltd. Industrial Products 1,950 9.90 1.14 Crisil Ltd. Finance 3,500 33.78 0.10 Chennai Petroleum Corp. Ltd. Petroleum Products 2,755 3.56 0.14 Kotak Mahindra Bank Ltd. Banks 1,500 9.72 1.11 Gujarat Mineral Development Corp. Ltd. Minerals/Mining 17,000 33.55 0.10 Gujarat Pipavav Port Ltd. Transportation 6,400 3.33 0.13 IndusInd Bank Ltd. Banks 2,600 9.20 1.06 Chennai Petroleum Corp. Ltd. Petroleum Products 24,350 31.47 0.09 TVS Motor Co. Ltd. Auto 6,600 2.79 0.11 Marico Ltd. Consumer Non Durables 4,200 8.38 0.96 Bharat Electronics Ltd. Industrial Capital Goods 2,600 31.35 0.09 Orient Paper & Industries Ltd. Cement 191 0.14 0.01 Reliance Industries Ltd. Petroleum Products 1,000 8.37 0.96 Gujarat Pipavav Port Ltd. Transportation 55,000 28.63 0.08 Total 743.52 28.71 IPCA Laboratories Ltd. Pharmaceuticals 1,500 7.23 0.83 TVS Motor Co. Ltd. Auto 53,000 22.39 0.07 Grasim Industries Ltd. Cement 215 7.13 0.82 Orient Paper & Industries Ltd. Cement 1,662 1.23 0.00* Debt Instruments Rating Eicher Motors Ltd. Auto 301 6.92 0.79 Total 6,493.61 19.19 (a) Listed / awaiting listing on Stock Exchanges Oil & Natural Gas Corp. Ltd. Oil 2,436 6.83 0.78 Non - Traded / Thinly Traded Scrips Dr. Reddy's Laboratories Ltd. Pharmaceuticals 400 6.59 0.76 Debt Instruments Rating Tata Motors Ltd. CRISIL AAA(SO) 25 307.80 11.87 Mahindra & Mahindra Ltd. Auto 746 6.45 0.74 (a) Listed/Awaiting listing on Stock Exchanges Coal India Ltd. Minerals/mining 1,534 5.50 0.63 Power Finance Corp. Ltd. CRISIL AAA 30 300.21 11.58 Non-Traded / Thinly Traded Scrips Power Grid Corp. of India Ltd. Power 4,500 5.42 0.62 National Housing Bank CRISIL AAA 30 297.13 11.46 LIC Housing Finance Ltd. CRISIL AAA 400 3,992.53 11.79 Cadila Healthcare Ltd. Pharmaceuticals 600 5.23 0.60 Export Import Bank of India CRISIL AAA 27 273.84 10.56 Bharat Petroleum Corporation Ltd. CRISIL AAA 380 3,798.62 11.22 Axis Bank Ltd. Banks 450 5.12 0.59 Power Grid Corp. of India CRISIL AAA 20 250.43 9.66 Rural Electrification Corp. Ltd. CRISIL AAA 355 3,549.32 10.48 GlaxoSmithkline Consumer Indian Railway Finance Corp. Ltd. CRISIL AAA 18 180.37 6.96 NABARD CRISIL AAA 350 3,500.11 10.34 Healthcare Ltd. Consumer Non Durables 150 4.49 0.51 Dr. Reddy's Laboratories Ltd. ICRA AA+ 3,030 0.15 0.01 Total 14,840.58 43.83 Yes Bank Ltd. Banks 1,100 4.20 0.48 Total 1,609.93 62.10 Torrent Pharmaceuticals Ltd. Pharmaceuticals 600 4.17 0.48 Totals 21,334.19 63.02 ICRA Ltd. Finance 324 4.16 0.48 Totals 2,353.45 90.81 Wipro Ltd. Software 1,060 4.04 0.46 Call, Cash & Other Assets 12,521.36 36.98 Asian Paints Ltd. Consumer Non Durables 100 3.94 0.45 Cash, Call & Other Assets 238.62 9.19 Pidilite Industries Ltd. Chemicals 1,672 3.45 0.40 Net Assets 33,855.55 100.00 Jagran Prakashan Ltd. Media & Entertainment 3,272 2.99 0.34 Net Asset 2,592.07 100.00 *Less than 0.01% Hindalco Industries Ltd. Non - Ferrous Metals 2,395 2.89 0.33 Note: Balkrishna Industries Ltd. Auto Ancillaries 1,000 2.84 0.33 Note: a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 Petronet LNG Ltd. Gas 1,800 2.84 0.33 a) NAV at the beginning and at the end of the Half-year ended September 30, 2012 SKF India Ltd. Industrial Products 400 2.66 0.31 NAV as on 31-Mar-2012 Voltas Ltd. Construction Project 2,100 2.62 0.30 NAV as on 31-Mar-2012 Dividend Option(`)# 10.6408 ` Polaris Financial Technology Ltd. Software 2,000 2.61 0.30 Dividend Option ( )# 11.4382 Growth Option(`)# 11.1628 ` Oracle Financial Services Software Ltd. Software 86 2.59 0.30 Growth Option ( )# 13.3810 GlaxoSmithkline Pharmaceuticals Ltd. Pharmaceuticals 130 2.57 0.29 NAV as on 30-Sep-2012 NAV as on 30-Sep-2012 ` India Cements Ltd. Cement 2,646 2.51 0.29 Dividend Option( )# 11.1255 Dividend Option (`)# 11.9794 ` Growth Option( )# 11.6713 Pfizer Ltd. Pharmaceuticals 200 2.50 0.29 Growth Option (`)# 14.0140 Indian Oil Corp. Ltd. Petroleum Products 950 2.38 0.27 b) Dividends declared during the Half - year ended September 30, 2012: NIL Mangalore Refinery b) Dividends declared during the Half - year ended September 30, 2012: NIL and Petrochemicals Ltd. Petroleum Products 3,400 2.07 0.24 c) Average Maturity as on September 30, 2012 0.03 Years NHPC Ltd. Power 8,300 1.61 0.18 c) Average Maturity as on September 30, 2012 0.46 Years Cipla Ltd. Pharmaceuticals 400 1.52 0.17 FRANKLIN TEMPLETON FIXED TENURE FUND SERIES XII PLAN A Crisil Ltd. Finance 150 1.45 0.17 Company Name Industry Classification Quantity Market Value % to Net Gujarat Mineral Development Corp. Ltd. Minerals/mining 700 1.38 0.16 FRANKLIN TEMPLETON FIXED TENURE FUND-SERIES VIII ` ( in Lakhs) Assets Gujarat State Petronet Ltd. Gas 1,700 1.37 0.16 - 60 MONTHS PLAN - PLAN A (AS AT MAY 3, 2012) Amara Raja Batteries Ltd. Auto Ancillaries 600 1.32 0.15 Equity & Equity Related Company Name Industry Classification Quantity Market Value % to Net Bharat Electronics Ltd. Industrial Capital Goods 100 1.21 0.14 (` in Lakhs) Assets (a) Listed/Awaiting listing on Stock Exchanges Chennai Petroleum Corporation Ltd. Petroleum Products 888 1.15 0.13 ICICI Bank Ltd. Banks 48,720 515.09 1.39 Gujarat Pipavav Port Ltd. Transportation 2,200 1.15 0.13 Call, Cash & Other Assets 4,845.63 100.00 Infosys Ltd. Software 17,144 434.43 1.17 TVS Motor Company Ltd. Auto 2,000 0.85 0.10 HDFC Bank Ltd. Banks 67,350 423.43 1.14 Orient Paper & Industries Ltd. Cement 63 0.00 0.00* Net Assets 4,845.63 100.00 Grasim Industries Ltd. Cement 11,700 387.90 1.04 Total 244.30 28.03 Bharti Airtel Ltd. Telecom - Services 125,601 332.65 0.90 Note: Cummins India Ltd. Industrial Products 55,850 283.47 0.76 Debt Instruments Rating a) NAV at the beginning of the Half-year and at the maturity date i.e May 03, 2012 Kotak Mahindra Bank Ltd. Banks 42,000 272.12 0.73 (a) Listed/Awaiting listing on Stock Exchanges NAV as on 31-Mar-2012 IndusInd Bank Ltd. Banks 75,800 268.18 0.72 Non - Traded / Thinly Traded Scrips Annual Dividend Option (`)# 11.4443 Reliance Industries Ltd. Petroleum Products 30,000 251.01 0.68 Power Grid Corp. of India CRISIL AAA 10 125.21 14.36 Growth Option (`)# 14.5351 Marico Ltd. Consumer Non Durables 119,000 237.35 0.64 National Housing Bank CRISIL AAA 12 118.85 13.63 Eicher Motors Ltd. Auto 8,931 205.39 0.55 Export-Import Bank of India CRISIL AAA 11 111.57 12.79 NAV as on 3-May-2012 IPCA Laboratories Ltd. Pharmaceuticals 42,000 202.36 0.55 Power Finance Corp. Ltd. CRISIL AAA 10 101.93 11.69 Annual Dividend Option (`) 11.6018 Dr. Reddy's Laboratories Ltd. Pharmaceuticals 12,200 200.98 0.54 Rural Electrification Corp. Ltd. CRISIL AAA 10 101.84 11.68 Growth Option (`) 14.7352 Mahindra & Mahindra Ltd. Auto 21,862 189.00 0.51 Dr. Reddy's Laboratories Ltd. ICRA AA+ 942 0.05 0.01 Oil & Natural Gas Corp. Ltd. Oil 67,200 188.43 0.51 Total 559.45 64.16 b) Dividends declared during the Half - year ended September 30, 2012: NIL FRANKLIN TEMPLETON MUTUAL FUND Tower 2, 12th and 13th Floor, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road (West), MUMBAI - 400 013. • Tel No. 022-67519100 Fax - 022-66490627 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON SEPTEMBER 30, 2012 Note for all Funds: FRANKLIN TEMPLETON CAPITAL PROTECTION ORIENTED FUND Scheme Name Maturity Date - 5 YEAR PLAN (AS AT JUNE 14, 2012) i ) Total NPA's provided : Nil Franklin Templeton Capital Protection Oriented Fund - 5 Years Plan June 14, 2012

Company Name Industry Classification Quantity Market Value % to Net ii) Total value and percentage of Illiquid equity shares has been disclosed below the respective Franklin Templeton Fixed Tenure Fund - Series VIII Plan A May 3, 2012 ` ( in Lakhs) Assets Portfolios. viii) Average Maturity of all the debt oriented schemes is expressed as the weighted average maturity of Call, Cash & Other Assets 8,263.35 100.00 iii) NAV at the beginning and end of the Half-year period and any dividend, bonus etc. declared during the portfolio in the fund in terms of no. of years the period has been disclosed below the respective portfolios. Net Assets 8,263.35 100.00 ix) The portfolio turnover ratio for all the equity oriented schemes is the lower of purchases or sales to iv) There is no exposure to Derivative Instruments as on September 30, 2012. the average Net Assets during the Half-year ended September 30, 2012 Note: a) NAV at the beginning of the Half-year and at the maturity date i.e June 14, 2012 v) The percentage in terms of market value of investments made in Foreign Securities/ADRs/GDRs as x) Pursuant to payment of dividend, NAV of all the Scheme would fall to the extent of payout and at September 30, 2012 is as under: statutory levy (as applicable) NAV as on 31-Mar-2012 ` Annual Dividend Option ( )# 12.0012 Scheme Name Market Value (` in Lakhs) Percentage to Net Assets xi) Securitised debt instruments are valued at clean price. Growth Option (`)# 14.1476 Templeton India Equity Income Fund 29,864.80 31.01% xii) #computed NAV but not declared. NAV as on 14-June-2012 Franklin Asian Equity Fund 16,714.92 91.53% Annual Dividend Option (`) 11.9647 FT India Feeder - Franklin 16,727.58 99.87% Growth Option (`) 14.1047 U.S. Opportunities Fund b) Dividends declared during the Half - year ended September 30, 2012: NIL Franklin India Bluechip Fund 2,535.04 0.50%

vi) During the Half year, no new schemes/plans were launched/allotted. Mutual Fund investments are subject to market risks, read all scheme vii) During the Half-year, the under mention Schemes matured: related documents carefully.

Franklin Templeton Mutual Fund Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone (West), Mumbai 400013 NOTICE Investors and prospective investors may note that pursuant to Regulation 59 of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, a soft copy of the unaudited half-yearly financial results of the schemes of Franklin Templeton Mutual Fund for the period ended September 30, 2012 has been uploaded on Franklin Templeton Mutual Fund’s website (www.franklintempletonindia.com) in a user-friendly and downloadable format (Microsoft Excel spreadsheet).

For Franklin Templeton Asset Management (India) Pvt. Ltd. (Investment Manager of Franklin Templeton Mutual Fund)

Sd/- Authorised Signatory

Date: October 30, 2012

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.