Baroda Short Term Bond Fund

February 2019

Baroda Short Term Bond Fund An open-ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years (please refer to pg 34 of SID). The objective of the Scheme is to generate income from a portfolio constituted of short term debt and money market securities.

Riskometer This product is suitable for investors who are seeking#: Moderate Moderately High Regular Income over short term. ModeratelyLow • • Investment predominantly in Money Market High Instruments (i.e. CP/ CD) and Short Term Debt Low Market Instruments. LOW HIGH # Investors understand that their Investors should consult their ﬁnancial advisers if in principal will be at Moderately Low risk doubt about whether the product is suitable for them.

Mutual fund investments are subject to market risks, read all scheme related documents carefully. CIO LETTER - February 2019

Mr. Sanjay Chawla Chief Investment Officer

Dear Investors, Warm Greetings! Indian markets closed marginally up during Feb 2019 despite geo political pressures following the Feb 14th militant attack on CRPF in J&K. Both India and Pakistan engaged in aerial attacks leading to severe escalation of tension between the two countries. Indian Equity Markets continued to underperform global peers. For the month of February, while India market was up 0.9%, China was up 13%, US was up 6% and UK was up 4%. Sectorally, Auto, IT, Oil & Gas performed well while FMCG and Power sectors underperformed. RBI’s Monetary Policy Committee (MPC )decided to reduce the policy rate by 25bps to 6.25% and change the monetary policy stance to “neutral” from “calibrated tightening” in the Feb meeting. While the stance change was unanimous, the rate change had a split verdict of 4 - 2, with Michael Patra voting for a rate cut first time ever. Substantial reduction in MPC’s CPI forecast and even the risks being more “balanced” than tilted towards upside as mentioned in the previous policy, opened up the space for rate cuts as headline CPI is likely to be lower than the medium term target of 4% throughout 2019 in MPC’s new forecast. IIP growth strengthened to 2.4% in December 2018 after the November 2018 print of 0.3%. The uptick was broad-based, on the back of growth in manufacturing (2.7% vs decline in November) and continued growth in electricity (4.4% vs 5.1% in November). Mining contracted by 1%. Among the sectors, growth in capital goods and infrastructure/construction rebounded to 5.9% and 10.1%, respectively. Growth in consumer durables and non-durables also picked up to 2.9% and 5.3%, respectively. CPI inflation further moderated to 2.1% in January 2019, as against a downward revised print of 2.1% in December 2018. Food inflation at (-2.2%) continued to remain severely depressed led by sharp decline in prices across vegetables, fruits, pulses, eggs, and sugar. Fuel inflation also moderated to 2.2% (4.5% in December). Core inflation moderated to 5.4% in January (5.6% in December) led by moderation in inflation across housing to 5.2% (5.3% in December) and transport and communication segment to 3.4% (4.3% in December). However, inflation across health, household goods and service, and education remained sticky and elevated at 8.9%, 6.4% and 8%, respectively. In February 2019, FPIs were net buyers to the tune of USD 2.2bn while MFs continued to be net buyers to the tune of USD1.04bn. On YTD basis MFs were net buyers to the tune of USD2bn and FPIs have turned positive to the tune of USD 2.17bn. We remain constructive on Indian equities on medium to long term horizon as reforms being implemented are likely to start paying off over this period in terms of higher and sustainable growth and improved earning visibility. Happy Investing! Sources : Bloomberg, Economic Times

2 INDEX

How To Read Factsheet Pg 4

Baroda Multi Cap Fund Pg 5 (formerly known as Baroda Pioneer Growth Fund)

Baroda ELSS’ 96 Pg 6 Baroda Mid Cap Fund£ Pg 7 Baroda Large Cap Fund£ Pg 8 Baroda Banking and Financial Services Fund£ Pg 9

Baroda Hybrid Equity Fund£ Pg 10 (formerly known as Baroda Pioneer Balance Fund)

Baroda Dynamic Equity Fund Pg 11

Baroda Conservative Hybrid Fund£ Pg 12 (formerly known as Baroda Pioneer Monthly Income Plan (MIP) Fund)

Baroda Credit Risk Fund£ Pg 13 (formerly known as Baroda Pioneer Credit Opportunities Fund)

Baroda Gilt Fund£ Pg 14 Baroda Dynamic Bond Fund£ Pg 15 Baroda Short Term Bond Fund£ Pg 16 Baroda Treasury Advantage Fund£ Pg 17 Baroda Ultra Short Duration Fund Pg 18 Baroda Liquid Fund Pg 19 Investment Performance Pg 20 SIP Returns Pg 23 Dividend History Pg 24

£ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018.

3 How To Read Factsheet?

Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts. Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme. Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme. Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity. SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years. NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund. Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec. Entry Load : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs. 101. Note : SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit. Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield Standard Deviation : Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. Beta : Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market. AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm. Holdings : The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager. Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories. Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds. Macaulay Duration: Is the weighted average term to maturity of the cash flows from an instrument. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Macaulay duration is a measure of interest rate sensitivity of a Fixed income instrument. Higher the Macaulay duration, higher would be the interest rate risk. Investors may refer to Scheme Information Document of the fund for further details.

4 Baroda Multi Cap Fund1 Multi Cap Fund - An open ended equity scheme investing across large cap, mid-cap and small cap stocks. 28 February, 2019 1Formerly known as Baroda Pioneer Growth Fund Investment Objective To generate long term capital appreciation from an actively managed portfolio of equity & equity related instruments.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net September 12, 2003 Name of Instruments Name of Instruments Industries Assets Industries Assets EQUITY & EQUITY RELATED Astral Poly Technik Ltd. Industrial Products 1.56% Benchmark Listed / awaiting listing on the stock exchanges Industrial Capital Bharat Electronics Ltd. 1.55% HDFC Bank Ltd. Banks 8.80% Goods S&P BSE 200^ ICICI Bank Ltd. Banks 6.12% Pidilite Industries Ltd. Chemicals 1.55% Infosys Ltd. Software 4.84% Wipro Ltd. Software 1.49% Consumer Non Minimum Investment ITC Ltd. 3.90% Yes Bank Ltd. Banks 1.34% Durables ` 5,000/- & in multiples of ` 1/- thereafter Axis Bank Ltd. Banks 3.82% Titan Company Ltd. Consumer Durables 1.17% Larsen & Toubro Ltd. Construction Project 3.48% RBL Bank Ltd. Banks 1.17% Load Structure Tech Mahindra Ltd. Software 3.13% Aarti Industries Ltd. Chemicals 1.03% Housing Development Consumer Non Finance 3.10% Nestle India Ltd. 1.00% Entry Load: NA Finance Corporation Ltd. Durables State Bank of India Banks 3.09% Bharat Financial Exit Load: 1%, if redeemed on or before 365 Finance 0.99% days from the date of allotment of units, Nil Cummins India Ltd. Industrial Products 3.01% Inclusion Ltd. if redeemed after 365 days from the date of Sun Pharmaceutical Mphasis Ltd. Software 0.98% allotment of units Pharmaceuticals 2.99% Industries Ltd. Blue Star Ltd. Consumer Durables 0.73% Bata India Ltd. Consumer Durables 2.95% Bosch Ltd. Auto Ancillaries 0.64% Reliance Industries Ltd. Petroleum Products 2.48% Plans & Option Sadbhav Engineering Ltd. Construction Project 0.56% Indraprastha Gas Ltd. Gas 2.36% Shriram Transport Finance Plan A and Plan B (Direct) Finance 0.54% WABCO India Ltd. Auto Ancillaries 2.29% Company Ltd. A. Growth Option (default option in case no Consumer Non Britannia Industries Ltd. 2.26% Tata Motors Ltd. Auto 0.48% option specified by investor); Durables Aditya Birla Fashion and B. Dividend Option Mahindra & Mahindra Retailing 0.30% Finance 2.13% Retail Ltd. 1. Payout Financial Services Ltd. 2. Re-investment (default sub-option in case Consumer Non Mahindra & Mahindra Ltd. Auto 0.26% Kansai Nerolac Paints Ltd. 2.11% no option specified by investor) Durables $ Total 94.85% C. Bonus Option Consumer Non Marico Ltd. 2.06% Margin Fixed Deposits Durables HDFC Bank Ltd. Unrated 0.31% SIP (Minimum) City Union Bank Ltd. Banks 1.91% Castrol India Ltd. Petroleum Products 1.87% Total 0.31% ` 500/month - 12 Installments Aurobindo Pharma Ltd. Pharmaceuticals 1.87% TREPS / Reverse Repo Investments 4.06% ` 1500/quarter - 4 Installments Larsen & Toubro Infotech Total 4.06% Software 1.85% Ltd. Cash & Cash Equivalents The Federal Bank Ltd. Banks 1.75% AAUM & AUM Net Receivable/Payable 0.78% Bajaj Finance Ltd. Finance 1.69% AAUM 737.35 Crs Total 0.78% Security and Intelligence Commercial Services 1.65% AUM 742.94 Crs Services (I) Ltd. Grand Total 100.00%

Top 10 Industries Risk Profile 28 February 2019 BANK Standard deviation 12.94% Sharpe@ 0.43 Beta 1.01 Banks Software Consumer Finance Pharmaceuticals Consumer Industrial Construction Auto Portfolio Turnover 28.00% 12.29% Non 8.45% 4.86% Durables Products Petroleum Project Ancillaries 0.90 (last 12 months) Durables 4.85% 4.57% Products 4.04% 2.93% 11.33% 4.35% @risk free rate (FBIL Overnight MIBOR) 6.35% Riskometer NAV as on 28 February 2019 Total Expense Ratio Plan A ` Plan A 2.76% Growth 91.74 Plan B (Direct) 1.91% Dividend 31.72 Plan B - Direct ` Growth 97.04 Fund Manager# Dividend 31.82

Mr. Sanjay Chawla& (Experience 29 Years) This product is suitable for investors who are seeking* • Capital appreciation over long term. • Investment predominantly in equity and equity related Mr. Dipak Acharya instruments. (Experience 13 Years) * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. & Mr. Chawla is managing the Scheme along $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 with Mr. Acharya effective November 1, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 ^ For Disclaimer please refer page no 22

5 Baroda ELSS’ 96 An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. 28 February, 2019

Investment Objective The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net March 31, 1996 Name of Instruments Name of Instruments Industries Assets Industries Assets EQUITY & EQUITY RELATED Consumer Non Kansai Nerolac Paints Ltd. 2.08% Benchmark Listed / awaiting listing on the stock exchanges Durables HDFC Bank Ltd. Banks 8.62% Indraprastha Gas Ltd. Gas 2.02% S&P BSE 200^ ICICI Bank Ltd. Banks 6.66% Aurobindo Pharma Ltd. Pharmaceuticals 1.97% Minimum Investment Infosys Ltd. Software 4.06% Bajaj Finance Ltd. Finance 1.92% Mahindra & Mahindra ` ` Axis Bank Ltd. Banks 3.92% Finance 1.92% 500/- & in multiples of 1/- thereafter Financial Services Ltd. Consumer Non ITC Ltd. 3.82% Larsen & Toubro Durables Software 1.90% Infotech Ltd. Larsen & Toubro Ltd. Construction Project 3.22% Load Structure IPCA Laboratories Ltd. Pharmaceuticals 1.68% Housing Development Entry Load: NA Finance 3.18% Finance Corporation Ltd. Yes Bank Ltd. Banks 1.28% Exit Load: Nil City Union Bank Ltd. Banks 3.17% Wipro Ltd. Software 1.27%

Cummins India Ltd. Industrial Products 3.14% WABCO India Ltd. Auto Ancillaries 1.18% Aditya Birla Fashion and Retailing 3.11% Castrol India Ltd. Petroleum Products 1.07% Plans & Option Retail Ltd. Sun Pharmaceutical Plan A and Plan B (Direct) Pharmaceuticals 3.08% Havells India Ltd. Consumer Durables 0.99% Industries Ltd. A. Growth Option (default option in case no Tata Motors Ltd. Auto 0.92% Tech Mahindra Ltd. Software 3.01% option specified by investor); Telecom B. Dividend Option State Bank of India Banks 2.98% Sterlite Technologies Ltd. - Equipment & 0.83% 1. Payout Accessories C. Bonus Option$ Bata India Ltd. Consumer Durables 2.67% VIP Industries Ltd. Consumer Durables 0.70% V-Mart Retail Ltd. Retailing 2.59% Bosch Ltd. Auto Ancillaries 0.66% Abbott India Ltd. Pharmaceuticals 2.57% Total 95.98% SIP (Minimum) The Federal Bank Ltd. Banks 2.43% TREPS / Reverse Repo Investments 1.92% ` 500/month - 12 Installments Pidilite Industries Ltd. Chemicals 2.39% ` 1500/quarter - 4 Installments Total 1.92% Reliance Industries Ltd. Petroleum Products 2.34% Consumer Non Cash & Cash Equivalents Dabur India Ltd. 2.27% Durables Net Receivable/Payable 2.10% AAUM & AUM Security and Intelligence Commercial Services 2.25% AAUM 142.61 Crs Services (I) Ltd. Total 2.10% Consumer Non AUM 144.70 Crs Marico Ltd. 2.11% Durables Grand Total 100.00%

Top 10 Industries Risk Profile 28 February 2019 BANK Standard deviation 16.67% Sharpe@ 0.27 Consumer Pharmaceuticals Finance Construction Industrial Beta 1.05 Banks Software Retailing Consumer Petroleum 29.06% Non 10.24% 9.30% 7.02% 5.70% Durables Project Products Portfolio Turnover Products 1.13 Durables 4.36% 3.22% 3.14% (last 12 months) 3.41% 10.28% @risk free rate (FBIL Overnight MIBOR) 6.35% Riskometer NAV as on 28 February 2019 Total Expense Ratio Plan A ` Plan A 2.96% Growth 41.87 Plan B (Direct) 2.07% Bonus 41.87 Dividend 27.19 Plan B - Direct ` Fund Manager# Growth 44.92 Bonus 44.92 Mr. Sanjay Chawla& (Experience 29 Years) This product is suitable for investors who are seeking* Dividend 32.74 • Capital growth over long term. Mr. Dipak Acharya • Investment predominantly in equity and equity related instruments. (Experience 13 Years) * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. & Mr. Chawla is managing the Scheme along $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 with Mr. Acharya effective November 1, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 ^ For Disclaimer please refer page no 22

6 Baroda Mid-Cap Fund£ Mid Cap Fund – An open-ended equity scheme pre-dominantly investing in mid cap stocks. 28 February, 2019

Investment Objective The primary objective of the Scheme is to generate capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of growth oriented mid cap stocks. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net October 4, 2010 Name of Instruments Name of Instruments Industries Assets Industries Assets EQUITY & EQUITY RELATED Solar Industries India Ltd. Chemicals 2.74% Benchmark Listed / awaiting listing on the stock exchanges Aarti Industries Ltd. Chemicals 2.64% S&P BSE Mid-cap index^ IPCA Laboratories Ltd. Pharmaceuticals 4.53% Security and Intelligence Commercial Services 2.55% Indraprastha Gas Ltd. Gas 4.45% Services (I) Ltd. Coromandel International Minimum Investment Bata India Ltd. Consumer Durables 4.32% Fertilisers 2.47% Ltd. ` 5,000/- & in multiples of ` 1/- thereafter Telecom Astral Poly Technik Ltd. Industrial Products 2.42% Sterlite Technologies Ltd. - Equipment & 4.32% Accessories Load Structure CESC Ltd. Power 2.41% Cummins India Ltd. Industrial Products 4.30% Larsen & Toubro Software 2.31% Entry Load: NA Infotech Ltd. Abbott India Ltd. Pharmaceuticals 4.16% Consumer Non Exit Load: 1.00%, if redeemed on or before Kansai Nerolac Paints Ltd. 2.01% 365 days from the date of allotment of units, City Union Bank Ltd. Banks 4.10% Durables Mahindra & Mahindra Nil, if redeemed after 365 days from the date Finance 1.77% of allotment of units. The Federal Bank Ltd. Banks 4.03% Financial Services Ltd. Indian Bank Banks 1.51% AIA Engineering Ltd. Industrial Products 4.03% Plans & Option RBL Bank Ltd. Banks 1.29% Sundram Fasteners Ltd. Auto Ancillaries 3.48% Plan A and Plan B (Direct) Sundaram Finance Ltd. Finance 0.73% A. Growth Option (default option in case no V-Mart Retail Ltd. Retailing 3.46% option specified by investor); Simplex Infrastructures Ltd. Construction 0.69% B. Dividend Option Castrol India Ltd. Petroleum Products 3.46% 1. Payout; Total 92.76% 2. Reinvestment (default sub-option in case Dr. Lal Path labs Ltd. Healthcare Services 3.39% no option specified by investor) Hotels, Resorts And TREPS / Reverse Repo Investments 7.72% $ The Indian Hotels C. Bonus Option Other Recreational 3.10% Company Ltd. Activities Total 7.72% Industrial Capital Bharat Electronics Ltd. 3.04% Cash & Cash Equivalents SIP (Minimum) Goods ` 500/month - 12 Installments WABCO India Ltd. Auto Ancillaries 3.04% Net Receivable/Payable -0.48% ` 1500/quarter - 4 Installments Aditya Birla Fashion and Retailing 3.02% Total -0.48% Retail Ltd. AAUM & AUM Page Industries Ltd. Textile Products 2.99% Grand Total 100.00% AAUM 44.17 Crs AUM 44.76 Crs Top 10 Industries

BANK Risk Profile 28 February 2019 Standard deviation 14.12% Banks Industrial Pharma- Auto Retailing Consumer Telecom - Sharpe@ 0.41 Chemicals Products ceuticals Ancillaries 6.48% Gas Durables Equipment & Petroleum 10.93% 5.38% Beta 0.84 10.75% 8.69% 6.52% 4.45% 4.32% Accessories Products 4.32% 3.46% Portfolio Turnover 1.39 (last 12 months) @risk free rate (FBIL Overnight MIBOR) 6.35% Riskometer NAV as on 28 February 2019 Plan A `

Total Expense Ratio Growth 8.53 Plan A 3.15% Dividend 8.53 Plan B (Direct) 2.22% Plan B - Direct ` Growth 8.98 Dividend 8.98 Fund Manager#

Mr. Sanjay Chawla This product is suitable for investors who are seeking* (Experience 29 Years) • Capital appreciation over long term. • Investment predominantly in equity and equity related securities of growth oriented Mid-Cap stocks. Mr. Dipak Acharya * Investors should consult their financial advisers if in doubt (Experience 13 Years) about whether the product is suitable for them.

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 ^ For Disclaimer please refer page no 22 £ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018.

7 Baroda Large Cap Fund£ Large Cap Fund – An open-ended equity scheme pre-dominantly investing in large cap stocks. 28 February, 2019

Investment Objective The primary objective of the Scheme is to generate capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of large cap companies. The Scheme may also invest in debt and money market securities. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net June 22, 2010 Name of Instruments Name of Instruments Industries Assets Industries Assets EQUITY & EQUITY RELATED Consumer Non Marico Ltd. 2.02% Benchmark Listed / awaiting listing on the stock exchanges Durables Larsen & Toubro HDFC Bank Ltd. Banks 8.93% Software 1.99% Nifty 100^ Infotech Ltd. ICICI Bank Ltd. Banks 8.69% Abbott India Ltd. Pharmaceuticals 1.85%

Minimum Investment Larsen & Toubro Ltd. Construction Project 6.84% Kotak Mahindra Bank Ltd. Banks 1.40% ` 5,000/- & in multiples of ` 1/- thereafter Tata Consultancy State Bank of India Banks 6.23% Software 1.31% Services Ltd. Consumer Non Hindustan Unilever Ltd. 5.16% Yes Bank Ltd. Banks 1.30% Load Structure Durables Axis Bank Ltd. Banks 4.69% Titan Company Ltd. Consumer Durables 1.02% Entry Load: NA Shriram Transport Finance Exit Load: 1.00%, if redeemed on or before Consumer Non Finance 0.94% ITC Ltd. 4.57% Company Ltd. 365 days from the date of allotment of units, Durables Housing Development Finance 4.26% Tata Motors Ltd. Auto 0.88% Nil, if redeemed after 365 days from the date Finance Corporation Ltd. of allotment of units. Sun Pharmaceutical UPL Ltd. Pesticides 0.87% Pharmaceuticals 3.68% Industries Ltd. Infosys Ltd. Software 0.24% Plans & Option Cummins India Ltd. Industrial Products 3.36% Plan A and Plan B (Direct) Total 93.03% Tech Mahindra Ltd. Software 3.16% A. Growth Option (default option in case no Margin Fixed Deposits option specified by investor); Reliance Industries Ltd. Petroleum Products 2.85% B. Dividend Option Consumer Non HDFC Bank Ltd. Unrated 0.36% 1. Payout; United Breweries Ltd. 2.67% Durables 2. Reinvestment (default sub-option in case Total 0.36% no option specified by investor) Pidilite Industries Ltd. Chemicals 2.48% C. Bonus Option$ TREPS / Reverse Repo Investments 2.46% Wipro Ltd. Software 2.44% Total 2.46% Bajaj Finance Ltd. Finance 2.41% SIP (Minimum) Cash & Cash Equivalents ` 500/month - 12 Installments Aurobindo Pharma Ltd. Pharmaceuticals 2.36% Net Receivable/Payable 4.15% ` 1500/quarter - 4 Installments Consumer Non Asian Paints Ltd. 2.32% Durables Total 4.15% Consumer Non Nestle India Ltd. 2.11% AAUM & AUM Durables Grand Total 100.00% AAUM 30.49 Crs AUM 30.12 Crs Top 10 Industries

BANK Risk Profile 28 February 2019 Standard deviation 12.77% Sharpe@ 0.62 Banks Consumer Software Pharma- Finance Construction Industrial Petroleum Chemicals Consumer 31.24% Non 9.14% ceuticals 7.61% Project Products Products 2.48% Durables Beta 0.72 Durables 7.89% 6.84% 3.36% 2.85% 1.02% Portfolio Turnover 18.85% 1.14 (last 12 months) @risk free rate (FBIL Overnight MIBOR) 6.35% Riskometer NAV as on 28 February 2019 Plan A ` Total Expense Ratio Growth 13.56 Plan A 3.01% Dividend 11.70 Plan B (Direct) 2.26% Plan B - Direct ` Growth 14.16 Dividend 12.27 Fund Manager#

Mr. Sanjay Chawla This product is suitable for investors who are seeking* (Experience 29 Years) • Capital appreciation over long term. • Investment predominantly in a diversified portfolio of equity and equity related securities of Large Cap companies. Mr. Dipak Acharya * Investors should consult their financial advisers if in doubt (Experience 13 Years) about whether the product is suitable for them.

8 Baroda Banking and Financial Services Fund£ An open ended equity scheme investing in the Banking and Financial Services sector. 28 February, 2019

Investment Objective The investment objective is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net June 22, 2012 Name of Instruments Name of Instruments Industries Assets Industries Assets EQUITY & EQUITY RELATED Yes Bank Ltd. Banks 1.23% Benchmark Listed / awaiting listing on the stock exchanges Mahindra & Mahindra HDFC Bank Ltd. Banks 28.17% Finance 1.05% Nifty Bank Index^ Financial Services Ltd. Shriram Transport Finance ICICI Bank Ltd. Banks 18.62% Finance 0.76% Company Ltd. Minimum Investment Axis Bank Ltd. Banks 11.32% Total 98.39% ` 5,000/- & in multiples of ` 1/- thereafter State Bank of India Banks 9.66% Margin Fixed Deposits Kotak Mahindra Bank Ltd. Banks 8.06% Load Structure HDFC Bank Ltd. Unrated 0.40% Entry Load: NA Bajaj Finance Ltd. Finance 3.52% Total 0.40% Exit Load: 1.00% if redeemed on or before City Union Bank Ltd. Banks 3.41% 365 days from the date of allotment of units, TREPS / Reverse Repo Investments 4.22% Nil if redeemed after 365 days from the date The Federal Bank Ltd. Banks 3.34% of allotment of units Bharat Financial Total 4.22% Finance 2.46% Inclusion Ltd. Housing Development Cash & Cash Equivalents Plans & Option Finance 2.45% Finance Corporation Ltd. Plan A and Plan B (Direct) Net Receivable/Payable -3.01% RBL Bank Ltd. Banks 1.54% A. Growth Option (default option in case no option specified by investor); Indian Bank Banks 1.49% Total -3.01% B. Dividend Option 1. Payout; Sundaram Finance Ltd. Finance 1.31% Grand Total 100.00% 2. Reinvestment (default sub-option in case no option specified by investor) C. Bonus Option$ Top Industries

SIP (Minimum) BANK ` 500/month - 12 Installments ` 1500/quarter - 4 Installments Banks Finance Unrated Cash & Equivalent 86.84% 11.55% 0.40% 1.21%` AAUM & AUM AAUM 37.84 Crs AUM 37.68 Crs Riskometer NAV as on 28 February 2019 Plan A ` Risk Profile 28 February 2019 Growth 20.71 Standard deviation 15.19% Bonus 20.71 Sharpe@ 0.98 Dividend 15.78 Beta 0.94 Plan B - Direct ` Portfolio Turnover Growth 21.73 0.56 (last 12 months) Dividend 16.70 @risk free rate (FBIL Overnight MIBOR) 6.35%

This product is suitable for investors who are seeking* Total Expense Ratio • Capital appreciation over long term. • Investment predominantly in equity and equity related securities Plan A 2.96% of companies engaged in the Banking & Financial Services Plan B (Direct) 2.35% Sector. * Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Fund Manager# $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 Mr. Dipak Acharya ^ For Disclaimer please refer page no 22 £ (Experience 13 Years) Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018.

9 Baroda Hybrid Equity Fund2£ An open ended hybrid scheme investing predominantly in equity and equity related instruments. 28 February, 2019 2Formerly known as Baroda Pioneer Balance Fund

Investment Objective The scheme is targeted for long-term capital appreciation along with stability through a well balanced portfolio comprising of equity, equity related instruments, money market instrument and debt securities.

Date of Inception Portfolio Portfolio % to % to September 12, 2003 Ratings / Ratings / Name of Instruments Net Name of Instruments Net Industries Industries Assets Assets Benchmark EQUITY & EQUITY RELATED Simplex Infrastructures Ltd. Construction 0.31% Listed / awaiting listing on the stock exchanges Total 70.89% HDFC Bank Ltd. Banks 6.17% CRISIL Hybrid 35+65 – Aggressive Index CENTRAL GOVERNMENT SECURITIES ICICI Bank Ltd. Banks 4.21% (effective February 1, 2018) 8.24% CGL 2027 Sovereign 0.20% Axis Bank Ltd. Banks 3.85% 7.59% CGL 2026 Sovereign 0.15% Infosys Ltd. Software 3.27% Minimum Investment 7.88% CGL 2030 Sovereign 0.11% ITC Ltd. Consumer Non Durables 3.03% 8.28% CGL 2027 Sovereign 0.02% Sun Pharmaceutical ` 5,000/- & in multiples of ` 1/- thereafter Pharmaceuticals 2.64% Industries Ltd. Total 0.48% Tech Mahindra Ltd. Software 2.59% STATE GOVERNMENT SECURITIES State Bank of India Banks 2.20% 9.72% SDL 2023 Sovereign 0.79% Load Structure Reliance Industries Ltd. Petroleum Products 2.19% Total 0.79% Housing Development BONDS & NCDs Finance 2.19% Entry Load: NA Finance Corporation Ltd. Listed / awaiting listing on the stock exchanges Exit Load: 1% if redeemed on or before 12 Cummins India Ltd. Industrial Products 2.18% ICICI Bank Ltd. [ICRA]AA+ 3.65% months from the date of allotment of units, Kansai Nerolac Paints Ltd. Consumer Non Durables 2.17% PNB Housing Finance Ltd. IND AA+ 3.07% Dabur India Ltd. Consumer Non Durables 2.11% Dewan Housing Finance Nil if redeemed after 12 months from the BWR AA+ 2.15% Larsen & Toubro Ltd. Construction Project 2.11% Corporation Ltd. date of allotment of units United Breweries Ltd. Consumer Non Durables 2.00% Bank of Baroda CRISIL AA+ 1.99% Indian Railway Finance City Union Bank Ltd. Banks 1.96% CRISIL AAA 1.68% Corporation Ltd. Tata Consultancy Services Ltd. Software 1.91% Plans & Option Muthoot Finance Ltd. CRISIL AA 1.41% WABCO India Ltd. Auto Ancillaries 1.91% HDFC Bank Ltd. CRISIL AA+ 0.73% Plan A and Plan B (Direct) Mahindra & Mahindra Finance 1.82% National Highways Financial Services Ltd. CRISIL AAA 0.44% A. Growth Option (default option in case no Authority of India Larsen & Toubro Infotech Ltd. Software 1.53% option specified by investor); Reliance Industries Ltd. CRISIL AAA 0.29% Bata India Ltd. Consumer Durables 1.53% B. Dividend Option Total 15.41% Indraprastha Gas Ltd. Gas 1.52% 1. Payout; Unlisted Aurobindo Pharma Ltd. Pharmaceuticals 1.48% 2. Reinvestment (default sub-option in case Primat Infrapower & Marico Ltd. Consumer Non Durables 1.41% BWR A1+ (SO) 7.36% no option specified by investor) Multiventures Pvt. Ltd. Yes Bank Ltd. Banks 1.37% ARM Infra & Utilities C. Bonus Option$ BWR A1 (SO) 2.33% Wipro Ltd. Software 1.37% Private Ltd. Pidilite Industries Ltd. Chemicals 1.37% Total 9.69% Solar Industries India Ltd. Chemicals 1.21% Margin Fixed Deposits SIP (Minimum) The Federal Bank Ltd. Banks 1.18% HDFC Bank Ltd. Unrated 0.34% GlaxoSmithKline Consumer Total 0.34% ` 500/month - 12 Installments Consumer Non Durables 1.07% Healthcare Ltd. TREPS / Reverse Repo Investments 0.74% ` 1500/quarter - 4 Installments Castrol India Ltd. Petroleum Products 1.03% Total 0.74% KEC International Ltd. Construction Project 0.96% Cash & Cash Equivalents Security and Intelligence Commercial Services 0.95% Net Receivable/Payable 1.66% AAUM & AUM Services (I) Ltd. Total 1.66% Havells India Ltd. Consumer Durables 0.64% AAUM 675.97 Crs Grand Total 100.00% Bosch Ltd. Auto Ancillaries 0.57% All corporate ratings are assigned by rating agencies like CRISIL; AUM 673.34 Crs Tata Motors Ltd. Auto 0.53% CARE; ICRA; IND; BWR. Container Corporation Transportation 0.35% **Thinly traded / Non traded securities and illiquid securities as of India Ltd. defined in SEBI Regulations and Guidelines.

Risk Profile 28 February 2019 Top 10 Industries

Standard deviation 9.72% BANK Sharpe@ 0.57 Beta 1.13 Banks Consumer Software BWR Pharmaceuticals Finance [ICRA] IND AA+ Construction Portfolio Turnover Petroleum 1.07 20.94% Non 10.67% A1+ (SO) 4.12% 4.01% AA+ 3.07% Project (last 12 months) Products Durables 7.36% 3.65% 3.07% 3.22% @risk free rate (FBIL Overnight MIBOR) 6.35% 11.79% Riskometer NAV as on 28 February 2019 Total Expense Ratio Plan A ` Plan A 2.70% Growth 53.28 Plan B (Direct) 1.61% Dividend 15.79 Plan B - Direct ` Growth 57.30 Fund Manager# Dividend 17.75

& Mr. Sanjay Chawla This product is suitable for investors who are seeking* (Experience 29 Years) • Capital appreciation along with stability over long term. • Investment predominantly in equity and equity related instruments with balance exposure to money market instruments and Mr. Dipak Acharya debt securities. (Experience 13 Years) * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. & Mr. Chawla is managing the Scheme along $ with Mr. Acharya effective November 1, 2015 The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 £ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018. 10 Baroda Dynamic Equity Fund An open ended dynamic asset allocation fund 28 February, 2019

Investment Objective The primary objective of the Scheme is to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation.

Date of Inception Portfolio Portfolio % to % to November 14, 2018 Ratings / Ratings / Name of Instruments Net Name of Instruments Net Industries Industries Benchmark Assets Assets EQUITY & EQUITY RELATED Unlisted 50% S&P BSE 200 Index and 50% CRISIL Listed / awaiting listing on the stock exchanges Primat Infrapower & BWR A1+ (SO) 7.00% ITC Ltd. Consumer Non Durables 3.66% Multiventures Pvt. Ltd. Short Term Bond Fund Index ICICI Bank Ltd. Banks 3.66% ARM Infra & Utilities BWR A1 (SO) 1.48% Axis Bank Ltd. Banks 3.27% Private Ltd. Yes Bank Ltd. Banks 3.02% Total 8.48% Minimum Investment HDFC Bank Ltd. Banks 2.93% Commercial Paper** Housing Development Finance L&T Finance Ltd. [ICRA]A1+ 2.75% Finance 2.60% ` 5,000/- & in multiples of ` 1/- thereafter Corporation Ltd. Housing Development CRISIL A1+ 1.11% Cummins India Ltd. Industrial Products 2.57% Finance Corporation Ltd. Larsen & Toubro Ltd. Construction Project 2.56% Total 3.86% Load Structure Sun Pharmaceutical Industries Ltd. Pharmaceuticals 2.51% Certificate of Deposits Tata Consultancy Services Ltd. Software 2.45% ICICI Bank Ltd. [ICRA]A1+ 2.76% Reliance Industries Ltd. Petroleum Products 2.43% Total 2.76% Entry Load: NA NTPC Ltd. Power 2.31% Margin Fixed Deposits Exit Load: If units are redeemed upto 10% State Bank of India Banks 2.09% HDFC Bank Ltd. Unrated 2.83% Maruti Suzuki India Ltd. Auto 2.03% Total 2.83% of the units, on or before one year from the Wipro Ltd. Software 1.88% TREPS / Reverse Repo Investments 0.79% date of allotment : Nil Aurobindo Pharma Ltd. Pharmaceuticals 1.81% Total 0.79% United Breweries Ltd. Consumer Non Durables 1.75% Cash & Cash Equivalents If units are redeemed over and above the Havells India Ltd. Consumer Durables 1.72% Net Receivable/Payable 1.96% 10% limit, on or before one year from the Indraprastha Gas Ltd. Gas 1.65% Total 1.96% Tech Mahindra Ltd. Software 1.64% Grand Total 100.00% date of allotment : 1% of the applicable Net Asian Paints Ltd. Consumer Non Durables 1.59% DERIVATIVES / Stock Futures Asset Value (NAV) Marico Ltd. Consumer Non Durables 1.53% Name of the Instrument Long / Short % to AUM Nestle India Ltd. Consumer Non Durables 1.50% Maruti Suzuki India Ltd. Short (2.04) If units are redeemed after one year from the Pidilite Industries Ltd. Chemicals 1.46% 28-MAR-19 date of allotment: Nil Infosys Ltd. Software 1.45% Tata Consultancy Services Ltd. Short (1.90) Bharat Electronics Ltd. Industrial Capital Goods 1.44% 28-MAR-19 JSW Steel Ltd. Ferrous Metals 1.31% Yes Bank Ltd. 28-MAR-19 Short (1.73) Jindal Steel & Power Ltd. Ferrous Metals 1.20% ITC Ltd. 28-MAR-19 Short (1.70) Plans & Option The Federal Bank Ltd. Banks 1.18% JSW Steel Ltd. 28-MAR-19 Short (1.32) Regular and Direct VIP Industries Ltd. Consumer Durables 1.15% Bajaj Finance Ltd. Finance 1.12% Housing Development Finance Short (1.25) A. Growth Option (default option in case no WABCO India Ltd. Auto Ancillaries 0.96% Corporation Ltd. 28-MAR-19 UPL Ltd. Pesticides 0.74% Reliance Industries Ltd. Short (1.23) option specified by investor); Tata Motors Ltd. Auto 0.62% 28-MAR-19 Jindal Steel & Power Ltd. 28- B. Daily Dividend Kotak Mahindra Bank Ltd. Banks 0.51% Short (1.20) 1. Payout; Total 66.30% MAR-19 BONDS & NCDs Tata Motors Ltd. 28-MAR-19 Short (0.63) 2. Reinvestment (default sub-option in case Listed / awaiting listing on the stock exchanges Total (13.00) no option specified by investor) Piramal Enterprises Ltd. [ICRA]AA 4.50% All corporate ratings are assigned by rating agencies like CRISIL; CARE; National Highways ICRA; IND; BWR. Authority of India CRISIL AAA 2.49% **Thinly traded / Non traded securities and illiquid securities as defined in Aditya Birla Finance Ltd. [ICRA]AAA 2.12% SEBI Regulations and Guidelines. Aditya Birla Housing SIP (Minimum) [ICRA]AAA 2.08% Finance Ltd. Ratings ` 500/month - 12 Installments National Bank for Agriculture CRISIL AAA 0.57% Banks 16.66% and Rural Development Consumer Non Durables 10.03% ` 1500/quarter - 4 Installments Housing and Urban Development Corporation Ltd. [ICRA]AAA 0.57% Software 7.42% Indian Railway Finance BWR A1+ (SO) 7.00% Corporation Ltd. CRISIL AAA 0.55% [ICRA]A1+ 5.51% AAUM & AUM Power Finance CRISIL AAA 0.14% [ICRA]AAA 4.77% Corporation Ltd. [ICRA]AA 4.50% AAUM 351.59 Crs Total 13.02% Pharmaceuticals 4.32% CRISIL AAA 3.75% AUM 354.46 Crs Instruments Finance 3.72% 1.96% Consumer Durables 2.87% 2.76% 0.79% EQUITY & EQUITY Unrated 2.83% 2.83% RELATED Auto 3.86% 2.65% Total Expense Ratio BONDS & NCDs Industrial Products 2.57% 8.48% Unlisted Construction Project 2.56% Regular 2.74% Ferrous Metals 2.51% Commercial Paper Petroleum Products 2.43% Direct 0.70% Margin Fixed Power 2.31% Deposits Gas 1.65% 13.02% Certificate of BWR A1 (SO) 1.48% Fund Manager Deposits Chemicals 1.46% Industrial Capital Goods 1.44% Cash & Cash CRISIL A1+ 1.11% Mr. Sanjay Chawla Equivalents Auto Ancillaries 0.96% (Experience 29 Years) TREPS / Reverse Pesticides 0.74% 66.30% Repo Investments Cash & Cash Equivalents 2.75% Riskometer NAV as on 28 February 2019 Mr. Alok Sahoo Regular ` (Experience 17 Years) Growth 10.1300 Dividend 10.1300 Mr. Dipak Acharya@ Direct ` (Experience 13 Years) Growth 10.1900 @Effective December 14, 2018, Mr. Dipak Acharya Dividend 10.1900 manages the scheme along with Mr. Sanjay Chawla and Mr. Alok Sahoo. This product is suitable for investors who are seeking* • Capital appreciation over medium to long term. • Investment in equity and equity linked securities as well as debt and money market instruments while managing risk through active asset allocation. * Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

11 Baroda Conservative Hybrid Fund3£ An open ended hybrid scheme investing pre-dominantly in debt instruments. 28 February, 2019 3Formerly known as Baroda Pioneer Monthly Income Plan (MIP) Fund Investment Objective To generate regular income through investment in debt and money market instruments and also to generate long term capital appreciation by investing a portion in equity and equity related instruments.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net September 08, 2004 Name of Instruments Name of Instruments Industries Assets Industries Assets EQUITY & EQUITY RELATED Havells India Ltd. Consumer Durables 0.38% Benchmark Listed / awaiting listing on the stock exchanges HDFC Bank Ltd. Banks 2.18% Yes Bank Ltd. Banks 0.36% CRISIL Hybrid 85+15 - Conservative Index (effective February 1, 2018) ICICI Bank Ltd. Banks 1.47% Total 18.99% Larsen & Toubro Infotech Ltd. Software 1.17% CENTRAL GOVERNMENT SECURITIES Minimum Investment Sun Pharmaceutical 6.68% CGL 2031 Sovereign 35.97% Pharmaceuticals 1.17% Industries Ltd. 7.17% CGL 2028 Sovereign 32.14% ` 5,000/- & in multiples of ` 1/- thereafter Consumer Non ITC Ltd. 1.16% Durables 7.59% CGL 2026 Sovereign 5.29% State Bank of India Banks 1.13% Load Structure 8.24% CGL 2027 Sovereign 2.72% Cummins India Ltd. Industrial Products 1.10% 7.59% CGL 2029 Sovereign 2.61% Entry Load: NA Larsen & Toubro Ltd. Construction Project 1.02% Exit Load: NIL Total 78.73% Axis Bank Ltd. Banks 0.93% TREPS / Reverse Repo Investments 1.94% VIP Industries Ltd. Consumer Durables 0.86% Plans & Option Total 1.94% Wipro Ltd. Software 0.77% Plan A and Plan B (Direct) Cash & Cash Equivalents Aurobindo Pharma Ltd. Pharmaceuticals 0.75% A. Growth Option (default option in case no Net Receivable/Payable 0.34% option specified by investor); Pidilite Industries Ltd. Chemicals 0.60% Total 0.34% B. Monthly Dividend (default) Abbott India Ltd. Pharmaceuticals 0.58% 1. Payout Grand Total 100.00% Consumer Non 2. Re-investment (default sub-option in case Marico Ltd. 0.53% no option specified by investor) Durables All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR. C. Quarterly Dividend Tech Mahindra Ltd. Software 0.52% 1. Payout Ratings 2. Reinvestment (default sub-option in case Bosch Ltd. Auto Ancillaries 0.50% no option specified by investor) City Union Bank Ltd. Banks 0.48% Sovereign 78.73% D. Bonus Option$ Industrial Capital Bharat Electronics Ltd. 0.48% Goods Banks 6.55% Sundaram Finance Ltd. Finance 0.43% Pharmaceuticals 2.50% SIP (Minimum) Bajaj Finance Ltd. Finance 0.42% Software 2.46% ` 500/month - 12 Installments ` 1500/quarter - 4 Installments Instruments Consumer Non Durables 1.69% Consumer Durables 1.94% 0.34% Central 1.24% Government 18.99% Industrial Products 1.10% AAUM & AUM Securities AAUM 19.45 Crs Construction Project 1.02% EQUITY & EQUITY AUM 19.07 Crs Finance RELATED 0.85% Chemicals 0.60% Portfolio Characteristic TREPS / Reverse Repo Investments Auto Ancillaries 0.50% Average Maturity (Days) 3699 Industrial Capital Goods 0.48% Modified Duration (Years) 6.79 Cash & Cash Portfolio Yield (%) 7.62 78.73% Equivalents Cash & Cash Equivalents 2.28%

Riskometer NAV as on 28 February 2019 Total Expense Ratio Plan A ` Plan A 2.13% Growth 23.0340 Plan B (Direct) 1.33% Dividend - Monthly 13.1453 Dividend - Quarterly 12.8743 Fund Manager# Plan B - Direct ` Growth 24.2710 Ms. Hetal Shah Dividend - Monthly 13.6780 (Experience 15 Years) This product is suitable for investors who are seeking* Dividend - Quarterly NA • Regular Income and capital appreciation over medium term with providing liquidity. • Investment in debt and money market instruments and in equity and equity related instruments. * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 £ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018.

12 Baroda Credit Risk Fund4£ An open ended debt scheme predominantly investing in AA and below rated corporate bonds. (Excluding AA+ rated corporate bonds) 28 February, 2019 4Formerly known as Baroda Pioneer Credit Opportunities Fund

Investment Objective The primary objective of the Scheme is to generate returns by investing in debt and money market instruments across the credit spectrum. There is no assurance or guarantee that the investment objective of the Scheme will be realized.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net January 23, 2015 Name of Instruments Name of Instruments Industries Assets Industries Assets CENTRAL GOVERNMENT SECURITIES Benchmark IIFL Home Finance Ltd. CRISIL AA 1.08% 7.17% CGL 2028 Sovereign 0.99% Bank of Baroda CARE AA 0.11% CRISIL Short Term Bond Fund Index 6.68% CGL 2031 Sovereign 0.54% Total 63.91% Total 1.53% Minimum Investment MONEY MARKET INSTRUMENT STATE GOVERNMENT SECURITIES Certificate of Deposits** ` 5,000/- & in multiples of ` 1/- thereafter 8.11% SDL 2028 Sovereign 0.34% Utkarsh Small Finance [ICRA]A1 5.73% Total 0.34% Bank Ltd. Load Structure BONDS & NCDs Total 5.73% Entry Load: NA Listed / awaiting listing on the stock exchanges Unlisted Apollo Hospitals ARM Infra & Utilities Exit Load: If units are redeemed upto 10% CRISIL AA 9.78% BWR A1 (SO) 9.96% of the units, on or before one year from the Enterprise Ltd. Private Ltd. date of allotment : Nil Piramal Enterprises Ltd. [ICRA]AA 8.63% IIFL Wealth Finance Ltd. [ICRA]AA 4.80% Aspire Home Finance Powergrid Vizag If units are redeemed over and above the [ICRA]A+ 6.83% CRISIL AAA(SO) 1.06% 10% limit, on or before one year from the Corporation Ltd. Transmission Ltd. Edelweiss Commodities date of allotment : 1% of the applicable Net [ICRA]AA 5.75% Total 15.82% Services Ltd. Asset Value (NAV) TREPS / Reverse Repo Investments 9.01% IndusInd Bank Ltd. CRISIL AA 4.95% If units are redeemed after one year from the Indiabulls Housing Total 9.01% date of allotment: Nil BWR AAA 3.66% Finance Ltd. Cash & Cash Equivalents Dewan Housing Finance BWR AA+ 3.51% Net Receivable/Payable 3.66% Corporation Ltd. Plans & Option Total 3.66% Edelweiss Commodities CARE AA 2.84% Plan A and Plan B (Direct) Services Ltd. Grand Total 100.00% A. Growth Option (default option in case no ICICI Bank Ltd. [ICRA]AA+ 2.60% All corporate ratings are assigned by rating agencies like CRISIL; option specified by investor); Edelweiss Housing CARE; ICRA; IND; BWR. [ICRA]AA 2.53% B. Monthly Dividend Finance Ltd. **Thinly traded / Non traded securities and illiquid securities as 1. Payout Yes Bank Ltd. [ICRA]AA- 2.41% defined in SEBI Regulations and Guidelines. 2. Re-investment (default sub-option in case HDFC Bank Ltd. CRISIL AAA 2.08% no option specified by investor) Ratings C. Quarterly Dividend Muthoot Finance Ltd. CRISIL AA 1.97% 1. Payout HDFC Bank Ltd. CRISIL AA+ 1.76% [ICRA]AA 21.71% 2. Reinvestment (default sub-option in case Edelweiss Asset [ICRA]AA(SO) 1.16% CRISIL AA 17.78% no option specified by investor) Reconstruction Company Ltd. BWR A1 (SO) 9.96% D. Bonus Option$ Indian Railway Finance CRISIL AAA 1.15% Corporation Ltd. [ICRA]A+ 6.83% Bank of Baroda CRISIL AA+ 1.11% SIP (Minimum) [ICRA]A1 5.73% BWR AAA 3.66% ` 500/month - 12 Installments Instruments ` BWR AA+ 3.51% 1500/quarter - 4 Installments 1.53% BONDS & NCDs 3.66% 0.34% CRISIL AAA 3.23% 5.73% Unlisted AAUM & AUM TREPS / Reverse CARE AA 2.95% 9.01% Repo Investments CRISIL AA+ 2.87% AAUM 942.87 Crs Certificate of [ICRA]AA+ 2.60% AUM 946.03 Crs Deposits Cash & Cash [ICRA]AA- 2.41% Portfolio Characteristic 15.82% Equivalents Sovereign 1.87% Central [ICRA]AA(SO) 1.16% Average Maturity (Days) 666 Government CRISIL AAA(SO) 1.06% Modified Duration (Years) 1.34 Securities State Government Cash & Cash Equivalents 12.67% Portfolio Yield (%) 10.04 63.91% Securities Riskometer NAV as on 28 February 2019 Total Expense Ratio Plan A ` Plan A 2.01% Growth 14.1012 Plan B (Direct) 1.16% Dividend - Monthly 10.5029 Dividend - Quarterly 10.5120 Fund Manager# Plan B - Direct ` Growth 14.7697 Mr. Alok Sahoo (Experience 17 Years) Dividend - Monthly 11.1178 This product is suitable for investors who are seeking* Dividend - Quarterly 11.0654 • Income over medium term. Mr. Karn Kumar& • Investment in a mix of debt and money market instruments (Experience 13 Years) across the credit and maturity spectrum. * Investors should consult their financial advisers if in doubt & Mr. Karn Kumar is managing the Scheme about whether the product is suitable for them. along with Mr. Alok Sahoo effective July 24, $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # 2017 For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 £ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018. 13 Baroda Gilt Fund£ An open ended debt scheme investing in government securities across maturity. 28 February, 2019

Investment Objective To generate income by investing in a portfolio of Government securities.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net March 21, 2002 Name of Instruments Name of Instruments Industries Assets Industries Assets Benchmark CENTRAL GOVERNMENT SECURITIES STATE GOVERNMENT SECURITIES I SEC-MI BEX 7.17% CGL 2028 Sovereign 24.50% 9.39% SDL 2023 Sovereign 9.53% 6.68% CGL 2031 Sovereign 24.34% Total 9.53% Minimum Investment 8.24% CGL 2027 Sovereign 11.92% ` 5,000/- & in multiples of ` 1/- thereafter TREPS / Reverse Repo Investments 3.15% 7.59% CGL 2029 Sovereign 10.04% Total 3.15% 8.28% CGL 2027 Sovereign 8.99% Load Structure Cash & Cash Equivalents 6.79% CGL 2027 Sovereign 3.42% Entry Load: NA Net Receivable/Payable 2.07% Exit Load: 0.25%, if redeemed on or before 7.59% CGL 2026 Sovereign 1.82% Total 2.07% 1 month (30 days) from the date of allotment 7.88% CGL 2030 Sovereign 0.22% of units. Total 85.25% Grand Total 100.00% Nil, if redeemed after 1 month (30 days) from the date of allotment of units.

Instruments Ratings Plans & Option 2.07% Plan A and Plan B (Direct) 3.15% Central 9.53% A. Growth Option (default option in case no Government option specified by investor); Securities B. Dividend 1. Payout State Government Sovereign 94.78% 2. Re-investment (default sub-option in case Securities no option specified by investor) C. Bonus Option$ TREPS / Reverse Repo Investments

SIP (Minimum) Cash & Cash ` 500/month - 12 Installments 85.25% Equivalents ` 1500/quarter - 4 Installments Cash & Cash Equivalents 5.22%

AAUM & AUM AAUM 27.81 Crs AUM 27.81 Crs Riskometer NAV as on 28 February 2019 Plan A ` Growth 27.9657 Portfolio Characteristic Dividend 19.8312 Average Maturity (Days) 3224 Plan B- Direct ` Modified Duration (Years) 6.04 Growth 29.5478 Portfolio Yield (%) 7.61 Dividend 25.5803

Total Expense Ratio This product is suitable for investors who are seeking* Plan A 1.96% • Credit risk free regular Income over long term. Plan B (Direct) 1.22% • Investment only in Government (both Central and State Government) Securities. * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Fund Manager# $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Ms. Hetal Shah # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 £ (Experience 15 Years) Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018.

14 Baroda Dynamic Bond Fund£+ An open-ended dynamic debt scheme investing across duration. 28 February, 2019 +Effective January 14, 2019, Baroda Income Fund was merged with Baroda Dynamic Bond Investment Objective Fund and Baroda Income Fund has ceased to exist. The investment objective of the scheme is to generate returns with liquidity by managing the portfolio dynamically through interest rate cycles.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net June 30, 2012 Name of Instruments Name of Instruments Industries Assets Industries Assets Edelweiss Commodities CENTRAL GOVERNMENT SECURITIES [ICRA]AA 7.60% Benchmark Services Ltd. 6.68% CGL 2031 Sovereign 16.11% Indian Railway Finance CRISIL AAA 6.74% CRISIL Composite Bond Fund Index Corporation Ltd. 6.79% CGL 2027 Sovereign 14.88% IndusInd Bank Ltd. CRISIL AA 3.43% 8.28% CGL 2027 Sovereign 10.19% Minimum Investment 7.59% CGL 2026 Sovereign 9.88% Total 30.56% ` 5,000/- & in multiples of ` 1/- thereafter 7.59% CGL 2029 Sovereign 6.63% TREPS / Reverse Repo Investments 0.18%

Load Structure Total 57.69% Total 0.18% Entry Load: NA STATE GOVERNMENT SECURITIES Cash & Cash Equivalents Exit Load: 0.50%, if redeemed within 3 9.35% SDL 2024 Sovereign 3.12% months from the date of allotment of units, Net Receivable/Payable 3.26% Nil, if redeemed after 3 months from the date 8.58% SDL 2023 Sovereign 2.85% of allotment of units. 9.39% SDL 2023 Sovereign 1.80% Total 3.26%

8.60% SDL 2023 Sovereign 0.54% Grand Total 100.00% Plans & Option Total 8.31% All corporate ratings are assigned by rating agencies like CRISIL; Plan A and Plan B (Direct) BONDS & NCDs CARE; ICRA; IND; BWR. A. Growth Option (default option in case no option specified by investor); Listed / awaiting listing on the stock exchanges Ratings B. Dividend Dewan Housing Finance BWR AA+ 12.79% 1. Payout Corporation Ltd. 2. Re-investment (default sub-option in case Sovereign 66.00% no option specified by investor) C. Bonus Option$ Instruments BWR AA+ 12.79% 3.26% 0.18% Central 8.31% Government SIP (Minimum) Securities [ICRA]AA 7.60% ` 500/month - 12 Installments BONDS & NCDs ` 1500/quarter - 4 Installments CRISIL AAA 6.74% State Government Securities 30.56% CRISIL AA 3.43% AAUM & AUM Cash & Cash Equivalents AAUM 25.67 Crs Cash & Cash Equivalents 3.44% TREPS / Reverse AUM 25.43 Crs 57.69% Repo Investments

Riskometer NAV as on 28 February 2019 Portfolio Characteristic Plan A ` Average Maturity (Days) 2614 Growth 17.1842 Modified Duration (Years) 4.99 Dividend 13.1075 Portfolio Yield (%) 8.86 Plan B - Direct ` Growth 18.0125 Dividend 13.8813 Total Expense Ratio Plan A 1.63% This product is suitable for investors who are seeking* Plan B (Direct) 1.18% • Regular Income over medium term with providing liquidity. • Investment in medium to long term corporate bonds and / or government securities and manage the portfolio dynamically through different interest rate cycles. Fund Manager# * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Mr. Alok Sahoo $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 (Experience 17 Years) # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 £ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018. Ms. Hetal Shah (Experience 15 Years)

15 Baroda Short Term Bond Fund£ An open-ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years (please refer to pg 34 of SID). 28 February, 2019

Investment Objective The objective of the Scheme is to generate income from a portfolio constituted of short term debt and money market securities.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net June 30, 2010 Name of Instruments Name of Instruments Industries Assets Industries Assets BONDS & NCDs MONEY MARKET INSTRUMENT Benchmark Listed / awaiting listing on the stock exchanges Certificate of Deposits** CRISIL Short Term Bond Fund Index Small Industries Manappuram Finance Ltd. CRISIL AA- 8.62% CRISIL A1+ 7.36% Development Bank of India Reliance Industries Ltd. CRISIL AAA 8.44% Minimum Investment IndusInd Bank Ltd. CRISIL A1+ 6.93% Edelweiss Commodities [ICRA]AA 5.45% Utkarsh Small Finance ` 5,000/- & in multiples of ` 1/- thereafter Services Ltd. [ICRA]A1 3.64% Bank Ltd. PNB Housing Finance Ltd. IND AA+ 5.15% Total 17.93% Load Structure Edelweiss Asset Reconstruction Company [ICRA]AA(SO) 3.74% CENTRAL GOVERNMENT SECURITIES Entry Load: NA Ltd. 7.17% CGL 2028 Sovereign 4.91% Exit Load: 0.25%, if redeemed on or before Indiabulls Housing BWR AAA 3.73% Total 4.91% 15 days from the date of allotment of units. Finance Ltd. TREPS / Reverse Repo Investments 13.48% Nil, if redeemed after 15 days from the date Muthoot Finance Ltd. CRISIL AA 3.63% of allotment of units. India Infoline Finance Ltd. [ICRA]AA 2.25% Total 13.48% Cash & Cash Equivalents Vijaya Bank [ICRA]AA- 1.87% Net Receivable/Payable 0.66% Plans & Option Piramal Enterprises Ltd. [ICRA]AA 1.86% Total 0.66% Plan A and Plan B (Direct) L&T Finance Ltd. [ICRA]AAA 1.85% Edelweiss Commodities Grand Total 100.00% A. Growth Option (default option in case no CARE AA 1.49% option specified by investor); Services Ltd. All corporate ratings are assigned by rating agencies like CRISIL; B. Monthly Dividend^ HDFC Bank Ltd. CRISIL AA+ 1.10% CARE; ICRA; IND; BWR. 1. Payout **Thinly traded / Non traded securities and illiquid securities as Aspire Home Finance 2. Re-investment (default sub-option in case [ICRA]A+ 0.75% defined in SEBI Regulations and Guidelines. Corporation Ltd. no option specified by investor) C. Quarterly Dividend^ Total 49.93% Ratings 1. Payout Unlisted 2. Re-investment (default sub-option in case [ICRA]AA 16.78% no option specified by investor) IIFL Wealth Finance Ltd. [ICRA]AA 7.22% CRISIL A1+ 14.29% ARM Infra & Utilities CRISIL AA- BWR A1 (SO) 5.87% 8.62% Private Ltd. CRISIL AAA 8.44% SIP (Minimum) Total 13.09% BWR A1 (SO) 5.87% IND AA+ 5.15% ` 500/month - 12 Installments Instruments ` 1500/quarter - 4 Installments Sovereign 4.91% 0.66% BONDS & NCDs [ICRA]AA(SO) 3.74% 4.91% 49.93% Certificate of BWR AAA 3.73% AAUM & AUM 13.09% Deposits [ICRA]A1 3.64% AAUM 253.11 Crs TREPS / Reverse CRISIL AA 3.63% AUM 266.80 Crs Repo Investments [ICRA]AA- 1.87% 13.48% Unlisted [ICRA]AAA 1.85% Central CARE AA 1.49% Portfolio Characteristic Government CRISIL AA+ 1.10% Securities Average Maturity (Days) 387 [ICRA]A+ 0.75% Cash & Cash Modified Duration (Years) 0.85 17.93% Equivalents Cash & Cash Equivalents 14.14% Portfolio Yield (%) 8.82 Riskometer NAV as on 28 February 2019 Macaulay duration (Years) 0.92 Plan A ` Growth 19.6247 Total Expense Ratio Dividend 10.0314 Plan A 1.32% Plan B - Direct ` Plan B (Direct) 0.74% Growth 20.3893 Dividend 10.0079

Fund Manager#

This product is suitable for investors who are seeking* Mr. Alok Sahoo • Regular Income over short term. (Experience 17 Years) • Investment predominantly in Money Market Instruments (i.e. CP/ CD) and Short Term Debt Market Instruments. Ms. Hetal Shah * Investors should consult their financial advisers if in doubt (Experience 15 Years) about whether the product is suitable for them. ^ The Dividend Option has been renamed as Monthly Dividend Option and a Quarterly Dividend Option has been introduced effective December 23, 2016. # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 £ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018.

16 Baroda Treasury Advantage Fund£ An open-ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months (please refer to pg 34 of SID). 28 February, 2019

Investment Objective The main objective of the scheme is to provide optimal returns and liquidity through a portfolio comprising of debt securities and money market instruments.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net June 24, 2009 Name of Instruments Name of Instruments Industries Assets Industries Assets Edelweiss Asset Benchmark MONEY MARKET INSTRUMENT Reconstruction Company [ICRA]AA(SO) 0.54% CRISIL Liquid Fund Index Certificate of Deposit** Ltd. Edelweiss Commodities Utkarsh Small Finance [ICRA]AA 0.26% [ICRA]A1 3.92% Services Ltd. Minimum Investment Bank Ltd. Total 74.69% ` 5,000/- & in multiples of ` 1/- thereafter Axis Bank Ltd. CRISIL A1+ 0.67% Unlisted Total 4.59% ARM Infra & Utilities BWR A1 (SO) 10.56% Load Structure Private Ltd. BONDS & NCDs Entry Load: NA Total 10.56% Listed / awaiting listing on the stock exchanges Exit Load: NIL TREPS / Reverse Repo Investments 5.95% Indiabulls Housing BWR AAA 18.11% Finance Ltd. Total 5.95% Plans & Option Dewan Housing Finance BWR AA+ 15.73% Cash & Cash Equivalents Plan A and Plan B (Direct) Corporation Ltd. A. Growth Option (default option in case no Piramal Enterprises Ltd. [ICRA]AA 12.72% Net Receivable/Payable 4.21% option specified by investor); Total 4.21% B. Daily Dividend Yes Bank Ltd. [ICRA]AA- 6.06% 1. Re-investment Edelweiss Commodities Grand Total 100.00% CARE AA 5.90% C. Weekly Dividend Services Ltd. Aspire Home Finance 1. Re-investment [ICRA]A+ 4.44% All corporate ratings are assigned by rating agencies like CRISIL; D. Monthly Dividend Corporation Ltd. CARE; ICRA; IND; BWR. 1. Payout IndusInd Bank Ltd. CRISIL AA 3.40% **Thinly traded / Non traded securities and illiquid securities as 2. Re-investment (default sub option in case defined in SEBI Regulations and Guidelines. Power Finance no option specified by investor) CRISIL AAA 3.30% Corporation Ltd. E. Quarterly Dividend Ratings 1. Payout Muthoot Finance Ltd. CRISIL AA 1.94% 2. Re-investment (default sub option in case BWR AAA 18.11% no option specified by investor) India Infoline Finance Ltd. [ICRA]AA 1.21% F. Bonus Option$ Apollo Hospitals BWR AA+ 15.73% CRISIL AA 1.08% Enterprise Ltd. [ICRA]AA 14.19% BWR A1 (SO) 10.56% SIP (Minimum) Instruments CRISIL AA 6.42% ` 500/month - 12 Installments 4.21% 4.59% BONDS & NCDs [ICRA]AA- 6.06% ` 1500/quarter - 4 Installments 5.95% Unlisted CARE AA 5.90% [ICRA]A+ 4.44% AAUM & AUM 10.56% TREPS / Reverse [ICRA]A1 3.92% AAUM 766.73 Crs Repo Investments CRISIL AAA 3.30% AUM 740.14 Crs Certificate of CRISIL A1+ 0.67% Deposits [ICRA]AA(SO) 0.54% Portfolio Characteristic Cash & Cash Cash & Cash Equivalents 10.16% Average Maturity (Days) 355 74.69% Equivalents Modified Duration (Years) 0.77 Riskometer NAV as on 28 February 2019 Portfolio Yield (%) 10.46 Regular ` Growth 2093.9763 Macaulay duration (Months) 10.32 Dividend - Daily 1006.5930 Dividend - Weekly 1000.3277 Dividend - Monthly 1000.4024 Total Expense Ratio Plan A ` Plan A 0.91% Bonus 2131.6194 Plan B (Direct) 0.62% Growth 2147.1821 Dividend - Daily 1030.7119 Dividend - Weekly 1000.3061 This product is suitable for investors who are seeking* Dividend - Monthly 1000.4024 Fund Manager# • Regular income over short term with maintaining a balance Dividend - Quarterly 1036.7594 between returns and liquidity. Plan B - Direct ` Mr. Alok Sahoo • Investment predominantly in Money Market (i.e. CP/CDs) and Growth 2189.5522 (Experience 17 Years) Debt Market Instruments. Dividend - Daily 1008.8997 * Investors should consult their financial advisers if in doubt Dividend - Weekly 1000.3300 about whether the product is suitable for them. Ms. Hetal Shah Dividend - Monthly 1000.4242 Dividend - Quarterly 1048.6127 (Experience 15 Years) $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Treasury Advantage Fund (earlier called Institutional Plan) *For Disclaimer please refer page no 22 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22 £ Pursuant to the SEBI circulars issued by SEBI on “Categorisation and Rationalisation of mutual fund schemes”, there has been change in the fundamental attributes of the scheme effective June 6, 2018.

17 Baroda Ultra Short Duration Fund (An open ended ultra short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months) (please refer to pg 33 of SID) 28 February, 2019

Investment Objective The primary objective of the Scheme is to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months (please refer to page no.33 of SID). However, there can be no assurance that the investment objective of the Scheme will be realized.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net June 1, 2018 Name of Instruments Name of Instruments Industries Assets Industries Assets MONEY MARKET INSTRUMENT Bank of Baroda CARE AA 8.49% Benchmark Certificate of Deposit** Piramal Enterprises Ltd. [ICRA]AA 0.71% CRISIL Ultra Short Fund Index* Small Industries CRISIL A1+ 10.47% Total 18.05% Development Bank of India Minimum Investment Axis Bank Ltd. CRISIL A1+ 8.68% Unlisted ` ` 5,000/- & in multiples of 1/- thereafter Export-Import Bank of India CRISIL A1+ 7.09% IIFL Wealth Finance Ltd. [ICRA]AA 7.25% Utkarsh Small Finance Total 7.25% [ICRA]A1 3.45% Bank Ltd. Load Structure TREPS / Reverse Repo Investments 17.93% ICICI Bank Ltd. [ICRA]A1+ 1.73% Entry Load: Not Applicable Total 17.93% Exit Load: NIL IndusInd Bank Ltd. CRISIL A1+ 1.64% Cash & Cash Equivalents Total 33.06% Net Receivable/Payable 2.32% Plans & Option Commercial Paper** Total 2.32% Regular and Direct Piramal Enterprises Ltd. [ICRA]A1+ 8.85% Housing Development Grand Total 100.00% A. Growth Option (default option in case no CRISIL A1+ 7.34% option specified by investor); Finance Corporation Ltd. All corporate ratings are assigned by rating agencies like CRISIL; B. Daily Dividend L&T Finance Ltd. [ICRA]A1+ 5.20% CARE; ICRA; IND; BWR. 1. Re-investment Total 21.39% **Thinly traded / Non traded securities and illiquid securities as C. Weekly Dividend defined in SEBI Regulations and Guidelines. 1. Re-investment BONDS & NCDs Ratings Listed / awaiting listing on the stock exchanges Indiabulls Housing BWR AAA 8.85% SIP (Minimum) Finance Ltd. CRISIL A1+ 35.22% ` 500/month - 12 Installments Instruments [ICRA]A1+ ` 1500/quarter - 4 Installments 15.78% 2.32% 7.25% 33.06% Certificate of Deposits BWR AAA 8.85% AAUM & AUM Commercial Paper CARE AA AAUM 281.72 Crs 17.93% 8.49% AUM 283.48 Crs BONDS & NCDs TREPS / Reverse [ICRA]AA 7.96% Repo Investments [ICRA]A1 Portfolio Characteristic Unlisted 3.45% 18.05% Average Maturity (Days) 96 Cash & Cash Cash & Cash Equivalents 20.25% Modified Duration (Years) 0.24 21.39% Equivalents Portfolio Yield (%) 7.77

Macaulay duration (Months) 3.15 Riskometer NAV as on 28 February 2019 Regular ` Growth 1060.3139 Total Expense Ratio Dividend - Daily 1003.2822 Regular 0.40% Dividend - Weekly 1000.9399 Direct 0.30% Direct ` Growth 1061.9457 Dividend - Daily 1003.0662 Dividend - Weekly 1000.9481 Fund Manager This product is suitable for investors who are seeking* • Reasonable returns with convenience of liquidity over Mr. Alok Sahoo ultra-short Term. (Experience 17 Years) • Investments in a basket of debt and money market in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months. Ms. Hetal Shah * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. (Experience 15 Years) *For Disclaimer please refer page no 22

18 Baroda Liquid Fund An open ended liquid scheme 28 February, 2019

Investment Objective To generate income with a high level of liquidity by investing in a portfolio of money market and debt securities.

Date of Inception Portfolio Portfolio Ratings / % to Net Ratings / % to Net February 5, 2009 Name of Instruments Name of Instruments Industries Assets Industries Assets MONEY MARKET INSTRUMENT Treasury Bills Benchmark Certificate of Deposit** 45 DAYS CMB 18.03.19 Sovereign 0.19% CRISIL Liquid Fund Index Vijaya Bank CARE A1+ 3.86% Total 0.19% ICICI Bank Ltd. [ICRA]A1+ 2.51% BONDS & NCDs Minimum Investment Indian Bank IND A1+ 2.51% Listed / awaiting listing on the stock exchanges ` 5,000/- & in multiples of ` 1/- thereafter Axis Bank Ltd. CRISIL A1+ 2.20% Manappuram Finance Ltd. CRISIL AA- 0.66% The Federal Bank Ltd. CRISIL A1+ 1.90% Total 0.66% Load Structure Export-Import Bank of India CRISIL A1+ 0.38% Short Term Deposits HDFC Bank Ltd. IND A1+ 0.32% Entry Load: NA RBL Bank Ltd. Unrated 1.90% Total 13.68% Exit Load: NIL AU Small Finance Bank Ltd. Unrated 1.90% Commercial Paper** Equitas Small Finance Unrated 0.79% Reliance Jio Infocomm Ltd. CRISIL A1+ 6.97% Bank Ltd. Total 4.59% Plans & Option Reliance Industries Ltd. CRISIL A1+ 6.92% TREPS / Reverse Repo Investments 30.76% Plan A and Plan B (Direct) L&T Finance Ltd. [ICRA]A1+ 6.58% Total 30.76% A. Growth Option (default option in case no Larsen & Toubro Ltd. CRISIL A1+ 5.07% option specified by investor); Cash & Cash Equivalents Bajaj Housing Finance Ltd. CRISIL A1+ 3.17% B. Daily Dividend Net Receivable/Payable 0.07% 1. Re-investment Piramal Enterprises Ltd. [ICRA]A1+ 3.16% Total 0.07% C. Weekly Dividend L&T Housing Finance Ltd. [ICRA]A1+ 2.85% 1. Re-investment Grand Total 100.00% Capital First Home Finance Ltd. [ICRA]A1+ 2.54% D. Bonus Option$ Sundaram Finance Ltd. CRISIL A1+ 2.52% All corporate ratings are assigned by rating agencies like CRISIL; Small Industries Development CARE; ICRA; IND; BWR. CRISIL A1+ 2.49% Bank of India **Thinly traded / Non traded securities and illiquid securities as SIP (Minimum) Motilal Oswal Financial defined in SEBI Regulations and Guidelines. CRISIL A1+ 2.49% Services Ltd. ` 500/month - 12 Installments National Bank for Agriculture CRISIL A1+ 2.15% Ratings ` 1500/quarter - 4 Installments and Rural Development IIFL Facilities Services Ltd. CRISIL A1+ 1.88% CRISIL A1+ 38.14% IDFC First Bank Ltd. [ICRA]A1+ 1.26% AAUM & AUM Total 50.05% [ICRA]A1+ 18.90% AAUM 7,152.16 Crs Instruments AUM 6,885.11 Crs Unrated 4.59% 0.19% Commercial Paper 0.66% 4.59% 0.07% CARE A1+ 3.86% 50.05% TREPS / Reverse Repo Investments 13.68% Portfolio Characteristic Certificate of IND A1+ 2.83% Average Maturity (Days) 20 Deposits Short Term CRISIL AA- 0.66% Modified Duration (Years) 0.05 Deposits Sovereign 0.19% Portfolio Yield (%) 6.84 BONDS & NCDs Treasury Bills Cash & Cash Equivalents 30.83% 30.76% Cash & Cash Equivalents Total Expense Ratio Riskometer NAV as on 28 February 2019 Plan A 0.27% Regular ` Plan B (Direct) 0.17% Growth 3126.7318 Dividend 2678.8577 Dividend - Daily 1006.0602 Fund Manager# Plan A ` Growth 2124.8664 Mr. Alok Sahoo Dividend - Daily 1001.1996 (Experience 17 Years) Dividend - Weekly 1000.5371 This product is suitable for investors who are seeking* Plan B - Direct ` Ms. Hetal Shah • Regular income over short term with maintaining a balance Growth 2137.3408 between returns and liquidity. (Experience 15 Years) Dividend - Daily 1002.0849 • Investment predominantly in Money Market (i.e. CP/CDs) and Debt Market Instruments. Dividend - Weekly 1219.7071 * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Liquid Fund (earlier called Institutional Plan) *For Disclaimer please refer page no 22 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 20 - 22

19 Investment Performance

Funds Managed by Mr. Sanjay Chawla & Mr. Dipak Acharya

Date Of Inception: 12/09/2003 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Multi Cap Fund (formerly known as Baroda Pioneer Growth Fund) (in %)^ -7.69 11.94 12.09 15.40 S&P BSE 200 (Scheme Benchmark) (in %)* 0.67 17.23 14.35 15.65 Nifty 50 (Standard Benchmark) (in %)$ 4.32 17.20 12.86 15.75 ` 10,000, if invested in BPMCF, would have become ` 9,231 ` 14,025 ` 17,697 ` 91,740 ` 10,000, if invested in S&P BSE 200, would have become ` 10,067 ` 16,110 ` 19,556 ` 94,861 ` 10,000, if invested in Nifty 50, would have become ` 10,432 ` 16,099 ` 18,317 ` 96,095 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200. Mr. Sanjay Chawla is managing the Scheme along with Mr. Dipak Acharya effective November 1, 2015. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 12 Sep 2003 to 29 June 2007, and TRI values since 29 June 2007.

Date Of Inception: 31/03/1996 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda ELSS’ 96 Fund (in %)^ -9.97 10.86 11.04 11.75 S&P BSE 200 (Scheme Benchmark) (in %)* 0.67 17.23 14.35 12.69 Nifty 50 (Standard Benchmark) (in %)$ 4.32 17.20 12.86 12.60 ` 10,000, if invested in BPELSS’96F, would have become ` 9,003 ` 13,626 ` 16,888 ` 127,739 ` 10,000, if invested in S&P BSE 200, would have become ` 10,067 ` 16,110 ` 19,556 ` 154,708 ` 10,000, if invested in Nifty 50, would have become ` 10,432 ` 16,099 ` 18,317 ` 151,938 ^Past performance may or may not be sustained in the future. Data is for Dividend Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns have been computed assuming that all payouts during the period have been reinvested in the units of the Scheme at the respective prevailing NAVs. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200. Mr. Sanjay Chawla is managing the Scheme along with Mr. Dipak Acharya effective November 1, 2015. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 31 Mar 1996 to 29 June 2007, and TRI values since 29 June 2007.

Date Of Inception: 12/09/2003 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Hybrid Equity Fund (formerly known as Baroda Pioneer Balance Fund) (in %)^ -4.26 11.92 10.74 11.42 CRISIL Hybrid 35+65 - Aggressive index& (Scheme Benchmark) (in %) 3.12 13.99 12.70 13.04 Nifty 50 (Standard Benchmark) (in %)$ 4.32 17.20 12.86 15.75 ` 10,000, if invested in BPHEF, would have become ` 9,574 ` 14,021 ` 16,655 ` 53,280 ` 10,000, if invested in CRISIL Hybrid 35+65 - Aggressive index (effective February 1, 2018), would have become ` 10,312 ` 14,810 ` 18,185 ` 66,680 ` 10,000, if invested in Nifty 50, would have become ` 10,432 ` 16,099 ` 18,317 ` 96,095 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Mr. Sanjay Chawla is managing the Scheme along with Mr. Dipak Acharya effective November 1, 2015. &(Benchmark has been renamed effective February 1, 2018). The equity component of the index has been changed from Nifty 50 to S&P BSE 200. The index will be total return index in the equity component from August 1, 2016 while the debt component will be total return since inception. Price return of S&P BSE 200 (equity component) will be used for computing index values prior to August 1, 2016. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Date Of Inception: 04/10/2010 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Mid-Cap Fund (in %)^ -13.31 12.07 8.66 -1.87 S&P BSE MidCap (Scheme Benchmark)& (in %) -12.75 15.61 18.45 8.14 Nifty 50 (Standard Benchmark) (in %)$ 4.32 17.20 12.86 8.21 ` 10,000, if invested in BPMCF, would have become ` 8,669 ` 14,076 ` 15,151 ` 8,530 ` 10,000, if invested in S&P BSE MidCap, would have become ` 8,725 ` 15,452 ` 23,326 ` 19,307 ` 10,000, if invested in Nifty 50, would have become ` 10,432 ` 16,099 ` 18,317 ` 19,410 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Mr. Sanjay Chawla is managing the Scheme with Mr. Dipak Acharya effective October 3, 2016. &(Scheme Benchmark has been changed to S&B BSE Mid-cap Index effective October 3, 2016) Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Date Of Inception: 22/06/2010 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Large Cap Fund (in %)^ -0.51 14.22 13.87 3.57 Nifty 100 (Scheme Benchmark)& (in %) 2.30 17.29 13.75 10.20 Nifty 50 (Standard Benchmark) (in %)$ 4.32 17.20 12.86 9.81 ` 10,000, if invested in BPLCF, would have become ` 9,949 ` 14,901 ` 19,153 ` 13,560 ` 10,000, if invested in Nifty 100, would have become ` 10,230 ` 16,136 ` 19,050 ` 23,270 ` 10,000, if invested in Nifty 50, would have become ` 10,432 ` 16,099 ` 18,317 ` 22,564 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Mr. Sanjay Chawla is managing the Scheme with Mr. Dipak Acharya effective October 3, 2016. &(Scheme Benchmark has been changed to Nifty 100 effective October 3, 2016) Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

20 Investment Performance

Funds Managed by Mr. Dipak Acharya

Date Of Inception: 22/06/2012 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Banking and Financial Services Fund (in %)^ 1.32 19.36 16.73 11.50 Nifty Bank Index (Scheme Benchmark) (in %) 7.14 25.15 20.88 16.70 Nifty 50 (Standard Benchmark) (in %)$ 4.32 17.20 12.86 13.09 ` 10,000, if invested in BPBFSF, would have become ` 10,132 ` 17,003 ` 21,686 ` 20,710 ` 10,000, if invested in Nifty Bank Index, would have become ` 10,714 ` 19,602 ` 25,820 ` 28,096 ` 10,000, if invested in Nifty 50, would have become ` 10,432 ` 16,099 ` 18,317 ` 22,772 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. &Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Funds Managed by Mr. Alok Sahoo and Ms. Hetal Shah

Date Of Inception: 30/06/2010 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Short Term Bond Fund (in %)^ 7.49 8.11 8.51 8.09 CRISIL Short Term Bond Fund Index (Scheme Benchmark) (in %) 7.51 7.57 8.29 8.09 CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 7.48 6.79 7.41 6.95 ` 10,000, if invested in BPSTBF, would have become ` 10,749 ` 12,636 ` 15,048 ` 19,625 ` 10,000, if invested in CRISIL Short Term Bond Fund Index, would have become ` 10,751 ` 12,446 ` 14,895 ` 19,629 ` 10,000, if invested in CRISIL 1 year T-Bill, would have become ` 10,748 ` 12,177 ` 14,296 ` 17,903 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. &Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

Date Of Inception: 05/02/2009 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Liquid Fund (in %)^ 7.56 7.27 7.82 7.77 CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 7.68 7.25 7.78 7.45 CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 7.48 6.79 7.41 6.31 ` 10,000, if invested in BPLF, would have become ` 10,756 ` 12,344 ` 14,574 ` 21,249 ` 10,000, if invested in CRISIL Liquid Fund Index, would have become ` 10,768 ` 12,338 ` 14,550 ` 20,618 ` 10,000, if invested in CRISIL 1 year T-Bill, would have become ` 10,748 ` 12,177 ` 14,296 ` 18,519 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `1000 invested at inception. &Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

Funds Managed by Mr. Alok Sahoo and Ms. Hetal Shah

Date Of Inception: 24/06/2009 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Treasury Advantage Fund (in %)^ 6.61 7.72 8.26 8.21 CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 7.68 7.25 7.78 7.48 CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 7.48 6.79 7.41 6.42 ` 10,000, if invested in BPTAF, would have become ` 10,661 ` 12,499 ` 14,876 ` 21,472 ` 10,000, if invested in CRISIL Liquid Fund Index, would have become ` 10,768 ` 12,338 ` 14,550 ` 20,121 ` 10,000, if invested CRISIL 1 year T-Bill, would have become ` 10,748 ` 12,177 ` 14,296 ` 18,272 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `1000 invested at inception. &Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

Date Of Inception: 30/06/2012 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Dynamic Bond Fund (in %)^ 6.82 7.92 9.24 8.46 CRISIL Composite Bond Fund Index (Scheme Benchmark) (in %) 7.13 7.64 9.04 8.24 CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 7.48 6.79 7.41 7.22 ` 10,000, if invested in BPDBF, would have become ` 10,682 ` 12,568 ` 15,562 ` 17,184 ` 10,000, if invested in CRISIL Composite Bond Fund Index, would have become ` 10,713 ` 12,470 ` 15,420 ` 16,954 ` 110,000, if invested CRISIL 1 year T-Bill, would have become ` 10,748 ` 12,177 ` 14,296 ` 15,915 ^Past performance may or may not be sustained in the future. Data is for for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. &Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

21 Investment Performance

Funds Managed by Mr. Alok Sahoo and Mr. Karn Kumar

Date Of Inception: 23/01/2015 Since 1 Year 3 Years Scheme Name & Benchmark Inception Baroda Credit Risk Fund (formerly known as Baroda Pioneer Credit Opportunities Fund) (in %)^ 6.02 8.34 8.74 CRISIL Short Term Bond Fund Index (Scheme Benchmark) (in %) 7.51 7.57 7.70 CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 7.48 6.79 7.07 ` 10,000, if invested in BPCRF, would have become ` 10,602 ` 12,718 ` 14,101 ` 10,000, if invested in CRISIL Short Term Bond Fund Index, would have become ` 10,751 ` 12,446 ` 13,554 ` 10,000, if invested CRISIL 1 year T-Bill, would have become ` 10,748 ` 12,177 ` 13,235 ^Past performance may or may not be sustained in the future. Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. The Scheme has been in existence for 3 years but less than 5 years. Mr. Karn Kumar is managing the scheme along with Mr. Alok Sahoo since July 24, 2017.

Funds Managed by Ms. Hetal Shah

Date Of Inception: 08/09/2004 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Conservative Hybrid Fund (formerly known as Baroda Pioneer Monthly Income Plan (MIP) Fund) (in %)^ 5.15 6.73 8.00 5.93 CRISIL Hybrid 85+15 - Conservative Index& (Scheme Benchmark) (in %) 6.27 9.14 9.95 8.41 CRISIL 10 Year Gilt Index (Standard Benchmark) (in %)$ 8.77 6.23 8.05 5.78 ` 10,000, if invested in BPCHF, would have become ` 10,515 ` 12,160 ` 14,700 ` 23,034 ` 10,000, if invested in CRISIL Hybrid 85+15 - Conservative Index, would have become ` 10,627 ` 12,999 ` 16,073 ` 32,196 ` 10,000, if invested in CRISIL 10 Year Gilt Index, would have become ` 10,877 ` 11,987 ` 14,734 ` 22,552 ^Past performance may or may not be sustained in the future. Data is for for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. &(Benchmark has been renamed effective February 1, 2018). The equity component of the index has been changed from Nifty 50 to S&P BSE 200. The index will be total return index in the equity component from August 1, 2016 while the debt component will be total return since inception. Price return of S&P BSE 200 (equity component) will be used for computing index values prior to August 1, 2016.

Date Of Inception: 21/03/2002 Since 1 Year 3 Years 5 Years Scheme Name & Benchmark Inception Baroda Gilt Fund (in %)^ 7.82 6.71 8.33 6.25 I-Sec Mi-BEX (Scheme Benchmark) (in %) 9.45 8.41 9.65 7.76 CRISIL 10 Year Gilt Index (Standard Benchmark)$ 8.77 6.23 8.05 6.44 ` 10,000, if invested in BPGF, would have become ` 10,782 ` 12,152 ` 14,923 ` 27,966 ` 10,000, if invested in I-Sec Mi-BEX, would have become ` 10,945 ` 12,742 ` 15,858 ` 35,485 ` 10,000, if invested in CRISIL 10 Year Gilt Index, would have become ` 10,877 ` 11,987 ` 14,734 ` 28,797 ^Past performance may or may not be sustained in the future. Data is for for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of February has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

Disclaimers: Nifty Bank Index and Nifty 100: Baroda Large Cap Fund and Baroda Banking and Financial Services Fund (“said Schemes”) offered by Baroda Mutual Fund are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the said Schemes or any member of the public regarding the advisability of investing in securities generally or in the said Schemes linked to Nifty 100 and Nifty Bank Index or particularly in the ability of the Nifty Bank Index to track general stock market performance in India. Please read the full disclaimers in relation to the Nifty 100 and Nifty Bank Index in the Offer Document / Prospectus / Information Statement. S&P BSE 200: Baroda Growth Fund and Baroda ELSS’ 96 Fund (“said Schemes”) offered by Baroda Mutual Fund are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the said Schemes or any member of the public regarding the advisability of investing in securities generally or in the said Schemes linked to S&P BSE 200 or particularly in the ability of the S&P BSE 200 and to track general stock market performance in India. Please read the full disclaimers in relation to the S&P BSE 200 in the Offer Document / Prospectus / Information Statement. S&P BSE Midcap Index is a product of AIPL, a joint venture among affiliates of S&P Dow Jones Indices LLC (“SPDJI”) and BSE Limited (“BSE”), and has been licensed for use by Baroda Asset Management India Ltd. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); BSE® is registered trademarks of BSE Limited; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by AIPL and sublicensed for certain purposes by Baroda Asset Management India Ltd. Baroda Mid-Cap Fund is not sponsored, endorsed, sold or promoted by SPDJI, BSE, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P BSE Midcap Index. *ICRA Credit Ratings: The rating indicates highest-credit quality rating assigned by ICRA Ltd. to debt funds. Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold the units issued by the Mutual Fund.

22 SIP Returns

Baroda Multi Cap Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception (formerly known as Baroda Pioneer Growth Fund) Total Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 1,860,000 Total Value as on February 28, 2019 (Rs) 114,873 371,107 681,606 1,146,090 1,874,315 4,842,589 Returns (%) -7.89 1.99 5.05 8.74 8.64 11.42 Total Value of S&P BSE 200* (Rs) 118,443 408,523 762,809 1,282,421 2,202,067 5,433,766 S&P BSE 200* Returns (%) -2.42 8.41 9.56 11.89 11.68 12.72 Total Value of Nifty 50 (Rs) 120,719 417,484 763,359 1,255,379 2,132,331 5,300,082 Nifty 50 Returns (%) 1.12 9.89 9.58 11.30 11.08 12.44 * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 12 Sep 2003 to 29 June 2007, and TRI values since 29 June 2007.

Baroda ELSS’ 96 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Total Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 2,740,000 Total Value as on February 28, 2019 (Rs) 112,822 362,115 660,930 1,114,857 1,853,120 13,316,049 Returns (%) -10.99 0.38 3.83 7.97 8.42 12.12 Total Values of S&P BSE 200* (Rs) 118,443 408,523 762,809 1,282,421 2,202,067 17,899,674 S&P BSE 200* Returns (%) -2.42 8.41 9.56 11.89 11.68 14.19 Total Value of Nifty 50 (Rs) 120,719 417,484 763,359 1,255,379 2,132,331 16,692,839 Nifty 50 Returns (%) 1.12 9.89 9.58 11.30 11.08 13.70 * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 12 Sep 2003 to 29 June 2007, and TRI values since 29 June 2007.

Baroda Hybrid Equity Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception (formerly known as Baroda Pioneer Balance Fund) Total Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 1,860,000 Total Value as on February 28, 2019 (Rs) 116,523 379,044 695,654 1,136,204 1,888,718 3,879,738 Returns (%) -5.38 3.39 5.87 8.50 8.79 8.89 Total Values of CRISIL Hybrid 35+65 – Aggressive Index (Rs) 120,817 404,072 751,685 1,227,212 2,074,234 4,743,451 CRISIL Hybrid 35+65 – Aggressive Index (%) 1.28 7.67 8.97 10.66 10.56 11.19 Total Value of Nifty 50 (Rs) 120,719 417,484 763,359 1,255,379 2,132,331 5,300,360 Nifty 50 Returns (%) 1.12 9.89 9.58 11.30 11.08 12.44 The equity component of the index has been changed from Nifty 50 to S&P BSE 200. The index will be total return index in the equity component from August 1, 2016 while the debt component will be total return since inception. Price return of S&P BSE 200 (equity component) will be used for computing index values prior to August 1, 2016. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Baroda Mid-Cap Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Total Amount Invested (Rs) 120,000 360,000 600,000 840,000 NA 1,010,000 Total Value as on February 28, 2019 (Rs) 110,527 365,292 621,847 931,820 NA 1,107,397 Returns (%) -14.42 0.95 1.41 2.93 NA 2.16 Total Values of S&P BSE MidCap^^ (Rs) 110,259 369,714 739,590 1,331,678 NA 1,733,255 S&P BSE MidCap^^ Returns (%) -14.82 1.74 8.31 12.95 NA 12.49 Total Value of Nifty 50 (Rs) 120,719 417,484 763,359 1,255,379 NA 1,624,793 Nifty 50 Returns (%) 1.12 9.89 9.58 11.30 NA 11.01 ^^Scheme benchmark has been changed to S&P BSE Mid-cap index effective October 3, 2016. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Baroda Large Cap Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Total Amount Invested (Rs) 120,000 360,000 600,000 840,000 NA 1,050,000 Total Value as on February 28, 2019 (Rs) 118,351 384,355 687,973 1,135,682 NA 1,452,053 Returns (%) -2.56 4.31 5.42 8.49 NA 7.25 Total Values of Nifty 100^^ (Rs) 119,447 412,676 764,208 1,275,110 NA 1,751,049 Nifty 100^^ Returns (%) -0.86 9.10 9.63 11.73 NA 11.36 Total Value of Nifty 50 (Rs) 120,719 417,484 763,359 1,255,379 NA 1,714,160 Nifty 50 Returns (%) 1.12 9.89 9.58 11.30 NA 10.90 ^^Scheme benchmark has been changed to Nifty 100 effective October 3, 2016. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Baroda Banking and Financial Services Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Total Amount Invested (Rs) 120,000 360,000 600,000 NA NA 810,000 Total Value as on February 28, 2019 (Rs) 118,829 400,061 747,264 NA NA 1,167,474 Returns (%) -1.82 7.00 8.73 NA NA 10.68 Total Value of Nifty Bank Index (Rs) 122,794 440,575 844,779 NA NA 1,376,621 Nifty Bank Index Returns (%) 4.39 13.61 13.68 NA NA 15.49 Total Value of Nifty 50 (Rs) 120,719 417,484 763,359 NA NA 1,187,112 Nifty 50 Returns (%) 1.12 9.89 9.58 NA NA 11.17

Baroda Conservative Hybrid Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception (formerly known as Baroda Pioneer Monthly Income Plan (MIP) Fund) Total Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 1,740,000 Total Value as on February 28, 2019 (Rs) 123,359 387,618 696,710 1,076,333 1,726,095 2,818,530 Returns (%) 5.28 4.88 5.93 6.98 7.07 6.36 Total Value of CRISIL Hybrid 85+15 - Conservative Index (Rs) 124,054 396,236 729,503 1,138,408 1,866,907 3,315,906 CRISIL Hybrid 85+15 - Conservative Index (%) 6.38 6.35 7.77 8.56 8.57 8.41 Total Value of CRISIL 10 Year Gilt Index Returns (Rs) 126,063 386,096 702,650 1,061,195 1,672,754 2,829,949 CRISIL 10 Year Gilt Index Returns (%) 9.59 4.62 6.27 6.58 6.47 6.41 ^Past performance may or may not be sustained in the future. For SIP calculations above, the data assumes the investment of `10000/- on 1st day of every month or the subsequent working day. Load & Taxes are not considered for computation of returns. Performance for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). Where Benchmark returns are not available, they have not been shown.

23 Dividend History

Record Date Ex-Dividend NAV (Rs) Per Unit$ (Rs) Record Date Ex-Dividend NAV (Rs) Per Unit$ (Rs) Baroda Multi Cap Fund (formerly known as Baroda Pioneer Growth Fund) - Plan Baroda Credit Risk Fund (formerly known as Baroda Pioneer Credit Opportunities A - Dividend Fund) - Plan A - Monthly Dividend 16-Mar-18 37.10 3.50 27-Feb-19 10.5029 0.07 23-Mar-17 35.86 2.50 25-Jan-19 10.6174 0.07 24-Jun-16 33.72 2.80 27-Dec-18 10.5749 0.07 Baroda Multi Cap Fund (formerly known as Baroda Pioneer Growth Fund) - Baroda Credit Risk Fund (formerly known as Baroda Pioneer Credit Opportunities Plan B - Direct - Dividend Fund) - Plan B - Direct - Monthly Dividend 16-Mar-18 36.88 3.50 27-Feb-19 11.1178 0.07 23-Mar-17 35.33 2.50 25-Jan-19 11.2212 0.07 24-Jun-16 33.05 2.80 27-Dec-18 11.1683 0.07 Baroda ELSS 96 - Plan A - Dividend Baroda Dynamic Bond Fund - Plan A - Dividend 16-Mar-18 32.86 3.25 16-Mar-18 13.3863 1.00 23-Mar-17 32.07 2.50 27-Jun-16 12.1528 0.40 22-Mar-16 28.50 2.50 22-Mar-16 12.5843 0.70 Baroda ELSS 96 - Plan B - Direct - Dividend Baroda Dynamic Bond Fund - Plan B - Direct - Dividend 16-Mar-18 38.61 3.25 16-Mar-18 14.0540 1.00 23-Mar-17 36.88 2.50 27-Jun-16 12.5981 0.40 23-Feb-15 33.19 2.25 22-Mar-16 13.0024 0.70 Baroda Large Cap Fund - Plan A - Dividend Baroda Gilt Fund - Plan A - Dividend 16-Mar-18 12.09 0.75 16-Mar-18 20.1217 1.50 Baroda Large Cap Fund - Plan B - Direct - Dividend 24-Jun-16 19.4927 1.20 16-Mar-18 12.56 0.75 22-Mar-16 20.3147 1.20 Baroda Banking and Financial Services Fund - Plan A - Dividend Baroda Gilt Fund - Plan B - Direct - Dividend 16-Mar-18 17.11 1.75 21-Mar-14 16.5462 2.70 23-Mar-17 17.44 1.50 Baroda Liquid Fund - Plan A - Dividend Baroda Banking and Financial Services Fund - Plan B - Direct - Dividend 04-Mar-05 1016.27 35.00 16-Mar-18 17.89 1.75 06-Jan-04 1004.32 95.00 23-Mar-17 18.04 1.50 13-May-02 1002.43 7.50 Baroda Hybrid Equity Fund (formerly known as Baroda Pioneer Balance Fund) - Baroda Short Term Bond Fund - Plan A - Monthly Dividend Plan A - Dividend 27-Feb-19 10.0314 0.05 26-Dec-18 15.76 0.35 25-Jan-19 10.0838 0.06 26-Sep-18 16.31 0.40 27-Dec-18 10.0260 0.10 02-Jul-18 16.97 0.40 Baroda Short Term Bond Fund - Plan B - Direct - Monthly Dividend Baroda Hybrid Equity Fund (formerly known as Baroda Pioneer Balance Fund) - 27-Feb-19 10.0079 0.06 Plan B - Direct - Dividend 25-Jan-19 10.0651 0.06 26-Dec-18 17.68 0.35 27-Dec-18 10.0026 0.11 26-Sep-18 18.19 0.40 Baroda Short Term Bond Fund - Plan A - Quaterly Dividend 02-Jul-18 18.83 0.40 26-Dec-18 10.1707 0.17 Baroda Conservative Hybrid Fund (formerly known as Baroda Pioneer MIP Fund) 26-Sep-18 10.0851 0.17 - Plan A - Monthly Dividend Baroda Short Term Bond Fund - Plan B - Direct - Quaterly Dividend 27-Feb-19 13.1453 0.07 26-Dec-18 10.2530 0.17 25-Jan-19 13.2759 0.07 26-Sep-18 10.1484 0.17 27-Dec-18 13.3556 0.07 Baroda Treasury Advantage Fund Reg - Monthly Dividend Baroda Conservative Hybrid Fund (formerly known as Baroda Pioneer MIP Fund) 27-Feb-19 1000.40 1.48 - Plan B - Direct - Monthly Dividend 25-Jan-19 1006.26 5.94 27-Feb-19 13.6780 0.07 27-Dec-18 1000.60 7.47 25-Jan-19 13.7984 0.07 Baroda Treasury Advantage Fund - Plan A - Monthly Dividend 27-Dec-18 13.8730 0.07 27-Feb-19 1000.40 1.48 Baroda Conservative Hybrid Fund (formerly known as Baroda Pioneer MIP Fund) 25-Jan-19 1006.50 5.94 - Plan A - Quarterly Dividend 27-Dec-18 1000.60 7.47 26-Dec-18 12.9837 0.20 Baroda Treasury Advantage Fund - Plan B - Direct - Monthly Dividend 26-Sep-18 12.5144 0.20 27-Feb-19 1000.42 1.74 02-Jul-18 12.7045 0.20 25-Jan-19 1006.26 6.17 Baroda Conservative Hybrid Fund (formerly known as Baroda Pioneer MIP Fund) - Plan B - Direct - Quarterly Dividend 27-Dec-18 1000.62 7.71 02-Jul-18 13.1754 0.20 Baroda Treasury Advantage Fund Reg - Quarterly Dividend 16-Mar-18 13.5264 0.20 27-Jun-14 1006.66 23.38 29-Dec-17 13.6800 0.20 21-Mar-14 1011.22 7.79 Baroda Credit Risk Fund (formerly known as Credit Opportunities Pioneer Fund) - 24-Jun-16 1036.72 14.45 Plan A - Quarterly Dividend Baroda Treasury Advantage Fund - Plan A - Quarterly Dividend 26-Dec-18 10.4466 0.21 26-Dec-18 1029.11 17.00 26-Sep-18 10.4143 0.21 26-Sep-18 1035.45 17.00 02-Jul-18 10.5205 0.21 02-Jul-18 1038.75 17.00 Baroda Credit Risk Fund (formerly known as Baroda Pioneer Credit Opportunities Baroda Treasury Advantage Fund - Plan B - Direct - Quarterly Dividend Fund) - Plan B - Direct - Quarterly Dividend 26-Dec-18 1040.36 17.00 26-Dec-18 10.9790 0.21 26-Sep-18 1025.18 17.00 26-Sep-18 10.9089 0.21 02-Jul-18 1029.32 17.00 02-Jul-18 10.9853 0.21

$ Face value is ` 10/- in all schemes other than Baroda Liquid Fund and Baroda Treasury Advantage Fund where the face value is ` 1,000/- per unit. # Pursuant to payment of dividend, the NAVs of the schemes would fall to the extent of payout and statutory levy (if applicable).

24 Karvy Fintech Private Limited Address and Contact details MFS Branches

• Agartala: Bidurkarta Chowmuhani, J.N. Bari Road, Tripura (West), Agartala 799 001 Tel: 0381-2317519 Email: [email protected] • Agra: 1st Floor, Deepak Wasan Plaza, Behind Holiday Inn, Sanjay Place, Agra 282 002 Tel: 7518801801 Email: [email protected] • Ahmedabad: 201/202 Shail Complex, Opp Madhusudan House, B/H Girish Cold Drink, Off C.G. Road, Navrangpura, Ahmedabad 380 006 Tel: 9081903021 Email: [email protected] • Ajmer: 302, 3rd Floor, Ajmer Auto Building, Opposite City Power House, Jaipur Road, Ajmer 305 001 Tel: 0145- 5120725 Email: [email protected] •Akola: Yamuna Tarang Complex, Shop No.30, Ground Floor, N.H. No.06, Murtizapur Road, Opp Radhakrishna Talkies, Akola 444 004. Tel: 0724-2451874 Email: [email protected] • Aligarh: 1st Floor, Kumar Plaza, Ramghat Road, Aligarh 202 001 Tel: 7518801802 Email: [email protected] • Allahabad: Rsa Towers, 2nd Floor, Above Sony TV Showroom, 57, S.P. Marg, Civil Lines, Allahabad 211 001 Tel: 7518801803 Email: [email protected] • Alleppy: 1st Floor, JP Towers, Mullackal, KSRTC Bus Stand, Alleppy 688 011 Tel: 0477 2263055 Email: [email protected] • Alwar: 101, Saurabh Tower, Opp. Uit, Near Bhagat Singh Circle, Road No.2, Alwar 301 001 Tel: 0144- 2335550 / 0144-2335551 Email: [email protected] • Amaravathi: Shop No.21, 2nd Floor, Gulshan Tower, Near Panchsheel Talkies, Jaistambh Square, Amaravathi 444 601 Tel: 0721 2569198 Email: [email protected] • Ambala: 6349, Nicholson Road, Adjacent Kos Hospital, Ambala Cantt, Ambala 133 001 Tel: 7518801804 Email: [email protected] • Amritsar: 72-A,Taylor’s Road, Opp Aga Heritage Club, Amritsar 143 001 Tel: 0183-5053802 Email: [email protected] • Anand: B-42 Vaibhav Commercial Center, Near TVS Down Town Show Room, Grid Char Rasta, Anand 380 001 Tel: 9081903038 Email: [email protected] • Ananthapur: #15/149,1st Floor, S R Towers, Subash Road, Opp. Lalitha Kala Parishad, Anantapur 515 001 Tel: 08554-244449 Email: [email protected] • Ankleshwar: L/2 Keval Shopping Center, National Highway, Ankleshwar 393 002 Tel: 9081903037 Email: [email protected] • Asansol: 114/71, G.T. Road, Bhanga Panchil, Near Nokia Care, Asansol 713 303 Tel: 0341-2220077 Email: [email protected] •Aurangabad: Ramkunj Niwas, Railway Station Road, Near Osmanpura Circle, Aurangabad 431005 Tel: 0240-2343414 Email: [email protected] • Azamgarh: 1st Floor, Alkal Building, Opp. Nagaripalika Civil Line, Azamgarh 276 001 Tel: 05462-247947 / 7518801805 Email: [email protected] • Balasore: M.S. Das Street, Gopalgaon, Orissa, Balasore 756 001 Tel: 06782-260503 Email: [email protected] • Bangalore: 59, Skanda Puttanna Road, Basavanagudi, Bangalore 560 004 Tel: 080-26602852 Email: [email protected] • Bankura: Ambika Market Complex (Ground Floor), Nutanganj, Post & Dist Bankura, Bankura 722 101 Tel: 03242- 255964 Email: [email protected] • Bareilly: 1st Floor, Rear Side, A-Square Building, 154-A Civil Lines, Opp. D.M. Residence, Station Road, Bareilly 243 001. Tel: 7518801806 Email: [email protected] • Barhampore (WB): Thakur Market Complex, Gorabazar, Post Berhampore, Dist Murshidabad, No.72 Nayasarak Road, Barhampore (WB) 742 101 Tel: 0348- 2274494 / 0348-2254745 / 2309237 Email: mfsbarhampore@karvy. com • Baroda: 203, Corner Point, Jetalpur Road, Baroda 390 007, Gujarat Tel: 0265-2353506/07 Email: [email protected] • Begusarai: Near Hotel Diamond, Surbhi Complex, O.C. Township Gate, Kapasiya Chowk, Begusarai 851 117 Tel: 7518801807 Email: [email protected] • Belgaum: CTS No.3939/A2 A1, Above Raymond’s Show Room, Beside Harsha Appliances, Club Road, Belgaum 590 001 Tel: 0831 2402544 Email: [email protected] • Bellary: Shree Gayathri Towers, #4, 1st Floor, K.H.B.Colony, Gopalaswamy Mudaliar Road, Gandhi Nagar, Bellary 583 103 Tel: 08392-254750 Email: [email protected] • Berhampur (OR): Divya Nandan Kalyan Mandap, 3rd Lane, Dharam Nagar, Near Lohiya Motor, Berhampur (Or) 760 001 Tel: 0680-2228106 Email: [email protected] • Betul: 107,1st Floor, Hotel Utkarsh, J.H. College Road, Betul 460 001 Tel: 07141-231301 Email: [email protected] • Bhagalpur: 2nd Floor, Chandralok Complex, Ghantaghar, Radha Rani Sinha Road, Bhagalpur 812 001 Tel: 7518801808 Email: [email protected] • Bharuch: Shop No.147-148, Aditya Complex, Near Kasak Circle, Bharuch 392 001 Tel: 9081903042 Email: [email protected] • Bhatinda: #2047-A, 2nd Floor, The Mall Road, Above Max New York Life Insurance, Bhatinda 151 001 Tel: 0164- 5006725 Email: [email protected] • Bhavnagar: 303, Sterling Point, Waghwadi Road Bhavnagar 364 001 Tel: 278-3003149 Email: [email protected] • Bhilai: Shop No.1, First Floor, Plot No.1,Commercial Complex, Nehru Nagar - East, Bhilai 490 020 Tel: 0788-2289499 / 2295332 Email: [email protected] • Bhilwara: Shop No. 27-28, 1st Floor, Heera Panna Market, Pur Road, Bhilwara 311 001 Tel: 01482-246362 / 246364 Email: [email protected] • Bhopal: Kay Kay Business Centre,133, Zone I, MP Nagar, Above City Bank, Bhopal 462 011 Tel: 0755- 4092712 / 0755-4092715 Email: [email protected] • Bhubaneswar: A/181, Behind Shivam Honda Show Room, Saheed Nagar, Bhubaneswar 751 007 Tel: 0674-2548981 / 0674-2360334 Email: [email protected] • Bikaner: 70-71, 2nd Floor, Dr. Chahar Building, Panchsati Circle, Sadul Ganj, Bikaner 334 003 Tel: 0151-2200014 Email: [email protected] • Bilaspur: Shop Nos.225, 226 & 227, 2nd Floor, Narayan Plaza, Link Road, Bilaspur 495 001 Tel: 07752-470070 Email: [email protected] • Bokaro: B-1, 1st Floor, City Centre, Sector - 4, Near Sona Chandi Jewellers, Bokaro 827 004 Tel: 7542979444 / 06542-335616 Email: [email protected] • Burdwan: 63 G.T. Road, Halder Complex, 1st Floor, Burdwan 713 101 Tel: 0342-2665140 Email: [email protected] • Calicut: 2nd Floor, Soubhagya Shopping Complex, Arayidathpalam, Mavoor Road, Calicut 673 004 Tel: 0495-4022480 Email: [email protected] • Chandigarh: SCO - 2423-2424, Above Mirchi Restaurant, New Aroma Hotel, First Floor, Sector 22-C, Chandigarh 160 022 Tel: 0172-5101342 Email: [email protected] • Chandrapur: Shop No.6, Office No.2, 1st Floor, Rauts Raghuvanshi Complex, Beside Azad Garden, Main Road, Chandrapur 442 402 Tel: 07172-270262 / 07172-277584 Email: [email protected] • Chennai: F-11, Akshaya Plaza, 1st Floor,108 Adhithanar Salai, Egmore, Opp Chief Metropolitan Court, Chennai 600 002 Tel: 044-42028512 / 044-42028513 / 044-42028858 / Fax: 044-42028514 Email: [email protected] • Chinsura: J.C. Ghosh Saranu, Bhanga Gara, Chinsurah, Hooghly, Chinsurah 712 101 Tel: 033-26810164 Email: [email protected] • Cochin: Ali Arcade, 1st Floor, Kizhavana Road, Panampilly Nagar, Near Atlantis Junction, Ernakulam 682 036 Tel: 0484 - 4025059 Email: [email protected] • Coimbatore: 3rd Floor, Jaya Enclave, 1057 Avinashi Road, Coimbatore 641 018 Tel: 0422 – 4388011/12/13/14 / 0422 - 4388451 Email: [email protected] • Cuttack: Opp Dargha Bazar Police Station, Dargha Bazar, PO - Buxi Bazar, Cuttack 753 001 Tel: 0671-220 30 77 Email: [email protected] • Darbhanga: Jaya Complex, 2nd Floor, Above Furniture Planet, Donar Chowk, Darbhanga 846 003 Tel: 7518801809 Email: [email protected] • Davangere: D.No.376/2, 4th Main, 8th Cross, P.J. Extension, Opp Byadgishettar School, Davangere 577 002 Tel: 0819-2258714 Email: mfsdavangere@ karvy.com • Dehradun: Kaulagarh Road, Near Sirmaur Marg, Above Reliance Webworld, Dehradun 248 001 Tel: 7518801810 Email: dehradunmfd@ karvy.com • Deoria: 1st Floor, Shanti Niketan, Opp. Zila Panchayat, Civil Lines, Deoria 274 001 Tel: 7518801811 Email: [email protected] • Dewas: 27 RMO House, Station Road, Above Maa Chamunda Gas Agency, Dewas 455 001 Tel: 07272-426010 Email: [email protected] • Dhanbad: 208 New Market, 2nd Floor, Bank More, Dhanbad 826 001 Tel: 9264445981 Email: [email protected] • Dharwad: 307/9-A 1st Floor, Nagarkar Colony, Elite Business Center, P B Road, Dharwad 580 001 Tel: 0836- 2744207 Email: [email protected] • Dhule: Ground Floor, Ideal Laundry, Lane No.4, Khol Galli, Near Muthoot Finance, Opp Bhavasar General Store, Dhule 424 001 Tel: 02562-282823 Email: mfsdhule@ karvy.com • Dindigul: No.9 Old, No:4/B New Agraharam, Palani Road, Dindigul 624 001 Tel: 0451- 2436177 Email: [email protected] • Durgapur: MWAV-16 Bengal Ambuja, 2nd Floor, City Centre, Dist Burdwan, Durgapur 713 216 Tel: 0343-6512111 Email: mfsdurgapur@karvy. com • Eluru: DNO-23A-7-72/73, KKS Plaza, Munukutla Vari Street, Opp Andhra Hospitals, RR Peta, Eluru 534 002 Tel: 08812-227851 / 52 / 53 / 54 / 9959152347 Email: [email protected] • Erode: No: 4, Veerappan Traders Complex, KMY Salai, Sathy Road, Opp. Erode Bus Stand, Erode 638 003 Tel: 0424-4021212 Email: [email protected] • Faridabad: A-2B, 3rd Floor, Neelam Bata Road, Peer Ki Mazar, Nehru Groundnit, Faridabad 121 001 Tel: 7518801812 Email: [email protected] • Ferozpur: The Mall Road, Chawla Building, Ist Floor, Opp. Central Jail, Near Hanuman

25 Karvy Fintech Private Limited Address and Contact details MFS Branches

Mandir, Ferozepur 152 002 Tel: 01632-241814 Email: [email protected] • Gandhidham: Shop # 12, Shree Ambica Arcade, Plot # 300, Ward 12. Opp. CG High School, Near HDFC Bank, Gandhidham 370 201 Tel: 9081903027 Email: [email protected] • Gandhinagar: 123, First Floor, Megh Malhar Complex, Opp. Vijay Petrol Pump, Sector - 11, Gandhinagar 382 011 Tel: 079 23244955 Email: [email protected] • Gaya: 54 Lal Kothi Compound, Shree Krishna Road, 2nd Floor, North Side, Near Royal Surya Hotel, Gaya 823 001 Tel: 0631-2220065 Email: [email protected] • Ghaziabad: 1st Floor, C-7, Lohia Nagar, Ghaziabad 201 001 Tel: 7518801813 Email: [email protected] • Ghazipur: 2nd Floor, Shubhra Hotel Complex, Mahaubagh, Ghazipur 233 001 Tel: 7518801814 Email: [email protected] • Gonda: Shri Market, Sahabgunj, Station Road, Gonda 271 001 Tel: 7518801815 / 9453961547 Email: [email protected] • Gorakhpur: Above V.I.P. House Adjacent, A.D. Girls College, Bank Road, Gorakpur, 273001 Tel: 7518801816 / 8081127735 Email: [email protected] • Gulbarga: CTS No.2913, 1st Floor, Asian Towers, Jagath Station Main Road, Next To Adithya Hotel, Gulbarga 585 105 Tel: 8088934338 Email: [email protected] • Guntur: D.No.6-10-27, Srinilayam, Arundelpet,10/1, Guntur 522 002 Tel: 0863-2339094 Email: [email protected] • Gurgaon: Shop No.18, Ground Floor, Sector - 14, Opp. AKD Tower, Near Huda Office, Gurgaon 122 001 Tel: 7518801817 Email: [email protected] • Guwahati: 1st Floor, Bajrangbali Building, Near Bora Service Station, GS Road, Guwahati 781 007 Tel: 8811036746 / 0361-2203324 Email: [email protected] • Gwalior: 2nd Floor, Rajeev Plaza, Jayendra Ganj, Lashkar, Gwalior 474 009 Tel: 7518801818 Email: [email protected] • Haldwani: Above Kapilaz, Sweet House, Opp LIC Building, Pilikothi, Kaladhungi Road, Haldwani 263 139 Tel: 7518801819 Email: [email protected] • Haridwar: 8, Govind Puri, Opp. LIC - 2, Above Vijay Bank, Main Road, Ranipur More, Haridwar 249 401 Tel: 7518801820 Email: [email protected] • Hassan: SAS No-212, Ground Floor, Sampige Road, 1st Cross, Near Hotel Souther Star, K.R. Puram, Hassan 573 201 Tel: 08172 262065 Email: [email protected] • Hissar: SCO 71, 1st Floor, Red Square Market, Hissar 125 001 Tel: 7518801821 Email: [email protected] • Hoshiarpur: 1st Floor, The Mall Tower, Opp Kapila Hospital, Sutheri Road, Hoshiarpur 146 001 Tel: 01882-500143 Email: [email protected] • Hubli: CTC No.483/A1/A2, Ground Floor, Shri Ram Plaza, Behind Kotak Mahindra Bank, Club Road, Hubli 580 029 Tel: 0836-2252444 Email: mfshubli@karvy. com • Hyderabad: Karvy House, No:46, 8-2-609/K, Avenue 4, Street No. 1,Banjara Hills, Hyderabad 500 034 Tel: 040-44857874 / 75 / 76 Email: [email protected] • Indore: 2nd floor, 203-205 Balaji Corporate House, Above ICICI Bank, 19/1 New Palasia, Near Curewell Hospital, Janjeerwala Square, Indore 452 001 Tel: 0731-4266828/4218902 Email: [email protected] • Jabalpur: 3rd Floor, R.R. Tower 5, Lajpatkunj, Near Tayabali Petrol Pump, Jabalpur 482 001. Tel: 0761- 4923301. Email: [email protected] • Jaipur: S16/A IIIrd Floor, Land Mark Building, Opp Jai Club, Mahaver Marg, C Scheme, Jaipur 302 001 Tel: 01414167715/17 Email: [email protected] • Jalandhar: 1st Floor, Shanti Towers, SCO No.37, Puda Complex, Opposite Tehsil Complex, Jalandhar 144 001 Tel: 0181-5094410 Email: [email protected] • Jalgaon: 269, Jaee Vishwa, 1st Floor, Baliram Peth, Above United Bank of India, Near Kishor Agencies, Jalgaon 425 001 Tel: 9421521406 Email: [email protected] • Jalpaiguri: D B C Road, Opp Nirala Hotel, Jalpaiguri 735 101 Tel: 03561-222136 Email: [email protected] • Jammu: Gupta’s Tower, 2nd Floor, CB-12, Rail Head Complex, Jammu 180 012 Tel: 0191-2458820 / 2458818 Email: [email protected] • Jamnagar: 136-137-138 Madhav Plaza, Opp SBI Bank, Near Lal Bunglow, Jamnagar 361 001 Tel: 0288 3065810 / 2558887 Email: [email protected] • Jamshedpur: 2nd Floor, R.R. Square, SB Shop Area, Near Reliance Footprint & Hotel, BS Park Plaza, Main Road, Bistupur, Jamshedpur 831 001 Tel: 0657-6655003 / 6655004 / 6655005 / 6655006 / 6655007 Email: [email protected] • Jaunpur: R.N. Complex, 1-1-9-G, Opp Pathak Honda, Ummarpur, Jaunpur 222 002 Tel: 7518801822 Email: [email protected] • Jhansi: 371/01, Narayan Plaza, Gwalior Road, Near Jeevan Shah Chauraha, Jhansi 284 001 Tel: 7518801823 Email: [email protected] • Jodhpur: 203, Modi Arcade, Chopasni Road, Jodhpur 342 001 Tel: 7737014590 Email: mfsjodhpur@ karvy.com • Junagadh: 124-125 Punit Shopping Center, M.G Road, Ranavav Chowk, Junagadh 362 001 Tel: 0285-2652220 Email: mfsjunagadh@ karvy.com • Kannur: 2nd Floor, Prabhath Complex, Fort Road, Near ICICI Bank, Kannur 670 001 Tel: 0497-2764190 Email: [email protected] • Kanpur: 15/46, B, Ground Floor, Opp Muir Mills, Civil Lines, Kanpur 208 001 Tel: 7518801824 Email: [email protected] • Karaikudi: No. 2, Gopi Arcade,100 Feet Road, Karaikudi 630 001 Tel: 04565-237192 Email: [email protected] • Karimnagar: Door No:2-10-1298, 2nd Floor, Rathnam Arcade, Jyothi Nagar, Karimnagar 505 001 Tel: 0878-2244773 Email: [email protected] • Karnal: 18/369, Char Chaman, Kunjpura Road, Behind Miglani Hospital, Karnal 132 001 Tel: 0184-2252524 Email: [email protected] • Karur: No.6, Old No.1304, Thiru-Vi-Ka Road, Near G.R. Kalyan Mahal, Karur 639 001 Tel: 04324-241755 Email: [email protected] • Kharagpur: Malancha Road, Beside Axis Bank Ltd, Kharagpur 721304 Tel: 03222-253380 Email: [email protected] • Kolhapur: 605/1/4 E Ward, Shahupuri, 2nd Lane, Laxmi Niwas, Near Sultane Chambers, Kolhapur 416 001 Tel: 0231 2653656 Email: [email protected] • Kolkata: Apeejay House (Beside Park Hotel), C Block, 3rd Floor,15 Park Street, Kolkata 700 016 Tel: 033 66285900 Email: [email protected] • Kollam: Sree Vigneswara Bhavan, Shastri Junction, Kadapakada, Kollam 691 001 Tel: 0474-2747055 Email: [email protected] • Korba: 1st Floor, City Centre, 97 IRCC, Transport Nagar, Korba 495 677 Tel: 7518801826 Email: [email protected] • Kota: Plot No.259, Ist Floor, Near Lala Lajpat Rai Circle, Shopping Centre, Kota 324 007 Tel: 0744-5100964 Email: [email protected] • Kottayam: 1st Floor, Csiascension Square, Railway Station Road, Collectorate PO, Kottayam 686 002 Tel: 0481-2300868 / 2302420 Email: [email protected] • Kurnool: Shop No.43, 1st Floor, S V Complex, Railway Station Road, Near SBI Main Branch, Kurnool 518 004 Tel: 08518-228550 Email: [email protected] • Lucknow: Ist Floor, A.A. Complex, 5 Park Road, Hazratganj, Thaper House, Lucknow 226 001 Tel: 7518801830 / 0522-2236819 / 3213115 Email: [email protected] • Ludhiana: Sco – 136, 1st Floor, Above Airtel Showroom, Feroze Gandhi Market, Ludhiana 141 001 Tel: 0161-4648747 Email: [email protected] • Madurai: Rakesh Towers, 30-C, Ist Floor, Bye Pass Road, Opp Nagappa Motors, Madurai 625 010 Tel: 0452-2605856 Email: [email protected] • Malappuram: First Floor, Peekays Arcade, Down Hill, Malappuram 676 505 Tel: 0483-2731480 Email: [email protected] • Malda: Sahis Tuli, Under Ward No.6, No.1 Govt Colony, English Bazar Municipality, Malda 732 101 Tel: 03512-223763 Email: [email protected] • Mandi: 149/11, School Bazaar, Near UCO Bank, Opp. Hari Mandir, Mandi 175 001 Tel: 7518801833 Email: [email protected] • Mangalore: Mahendra Arcade, Opp Court Road, Karangal Padi, Mangalore 575 003 Tel: 0824-2496289 Email: [email protected] • Margao: 2nd Floor, Dalal Commercial Complex, Pajifond, Margao 403 601 Tel: 0832-2731823 Email: [email protected] • Mathura: Ambey Crown, 2nd Floor, Opp BSA College, Gaushala Road, Mathura 281 001 Tel: 7518801834 Email: [email protected] • Meerut: 1st Floor, Medi Centre, Opp ICICI Bank, Hapur Road, Near Bachha Park, Meerut 250 002 Tel: 7518801835 Email: [email protected] • Mehsana: Ul/47 Apollo Enclave, Opp Simandhar Temple, Modhera Cross Road, Mehsana 384 002 Tel: 02762-242950 Email: [email protected] • Mirzapur: Abhay Mandir, Above HDFC Bank, Dankin Gunj, Mirzapur 231 001 Tel: 7518801836 Email:[email protected] • Moga: 1st Floor, Dutt Road, Mandir Wali Gali, Civil Lines, Barat Ghar, Moga 142 001 Tel: 01636 - 230792 Email: [email protected] •Moradabad: Om Arcade, Parker Road, Above Syndicate Bank, Chowk Tari Khana, Moradabad 244 001 Tel: 7518801837 Email: [email protected] • Morena: Moti Palace, Near Ramjanki Mandir, Morena 476 001 Tel: 7518801838 Email: mfsmorena@ karvy.com • Mumbai: 24/B, Raja Bahadur Compound, Ambalal Doshi Marg, Behind BSE Bldg, Fort, Mumbai 400 001 Tel: 022-66235353 Email: [email protected] • Muzaffarpur: First Floor, Shukla Complex, Near ICICI Bank, Civil Court Branch, Company Bagh, Muzaffarpur 842 001 Tel: 7518801839 Email: [email protected] • Mysore: L-350, Silver Tower, Ashoka Road, Opp. Clock Tower, Mysore 570 001 Tel: 0821-2438006 Email: [email protected] • Nadiad: 104/105, Near Paras Cinema, City Point Nadiad, Nadiad 387 001 Tel: 0268-2563245 Email: mfsnadiad@

26 Karvy Fintech Private Limited Address and Contact details MFS Branches karvy.com130 • Nagerkoil: H.No.45, 1st Floor, East Car Street, , Nagercoil, 629001 Tel: 04652 – 233552 Email: [email protected] • Nagpur: Plot No.2/1, House No.102/1, Mata Mandir Road, Mangaldeep Apartment, Opp Khandelwal Jewelers, Dharampeth, Nagpur 440 010 Tel: 0712- 2533040 Email: [email protected] • Namakkal: 105/2, Arun Towers, Paramathi Road, Namakkal 637 001 Tel: 04286-234801 Email: [email protected] •Nanded: Shop No.4, Santakripa Market, G.G. Road, Opp. Bank Of India, Nanded 431 601 Tel: 02462-237885 Email: [email protected] • Nasik: S-9, Second Floor, Suyojit Sankul, Sharanpur Road, Nasik 422 002 Tel: 0253-6608999 / 0755-3010732 Email: [email protected] • Navsari: 103 , 1st Floor, Landmark Mall, Near Sayaji Library, Navsari 396 445 Tel: 9081903040 Email: [email protected] • Nellore: 16-2-158, 3rd Floor, Mogarala Complex, Sunday Market Lane, Pogathota, Nellore 524 001. Tel: 0861 2349940 Email: mfsnellore@karvy. com • New Delhi: 305 New Delhi House, 27 Barakhamba Road, New Delhi 110 001 Tel: 011- 43681700 Email: [email protected] Fax: 011- 43681710 • Nizamabad: H No:5-6-430, Above Bank Of Baroda, First Floor, Beside HDFC Bank, Hyderabad Road, Nizamabad 503 003 Tel: 08462- 224366 Email: [email protected] • Noida: 405, 4th Floor, Vishal Chamber, Plot No.1, Sector-18, Noida 201 301 Tel: 7518801840 Email: [email protected] • Palghat: No: 20 & 21, Metro Complex, H.P.O. Road, Palakkad 678 001 Tel: 9895968533 / 0491 - 2547373 Email: mfspalghat@ karvy.com • Panipat: Java Complex, 1st Floor, Above Vijaya Bank, G.T. Road, Panipat 132 103 Tel: 7518801841 / 0180-3095517 Email: mfspanipat@ karvy.com • Panjim: Flat No.1-A, H.No.13/70,Timotio Bldg, Heliodoro Salgado Road, Next to Navhind Bhavan, (Market Area), Panjim 403 001 Tel: 0832-2426873 / 2426874 Email: [email protected] •Pathankot: 2nd Floor, Sahni Arcade Complex, Adj. Indra Colony Gate, Railway Road, Pathankot, Pathankot 145 001 Tel: 0186-5080188 Email: [email protected] • Patiala: Sco 27 D, Chotti Baradari, Near Car Bazaar, Patiala 147 001 Tel: 0175-5004349 Email: [email protected] • Patna: 3A, 3rd Floor, Anand Tower, Exhibition Road, Opp ICICI Bank, Patna 800 001 Tel: 0612-4323066 Email: [email protected] • Pollachi: 146/4, Ramanathan Building, 1st Floor, New Scheme Road, Pollachi 642 002 Tel: 04259- 235111 / 235122 / 235133 Email: [email protected] • Pondicherry: Building No:7, 1st Floor, Thiayagaraja Street, Pondicherry 605 001 Tel: 0413 2220640 Email: [email protected] • Proddatur: D.No: 4/625, Bhairavi Complex, Above Karur Vysya Bank, Gandhi Road, Proddatur 516 360, Andhra Pradesh Tel: 08564 - 242898 Email: [email protected] • Pudukottai: Sundaram Masilamani Towers, TS No.5476 - 5479, PM Road, Old Tirumayam Salai, Near Anna Statue, Jublie Arts, Pudukottai 622 001 Tel: 04322 - 220050 Email: [email protected] • Pune: Mozaic Bldg, CTS No.1216/1, Final, Plot No.576/1 TP, Scheme No.1, F.C. Road, Bhamburda, Shivaji Nagar, Pune 411 004 Tel: 020-66496700 / 66496701 Email: [email protected] • Raipur: Office No S-13, Second Floor, Raheja Tower, Fafadih Chowk, Jail Road, Raipur (C.G.) – 492 001. Tel: 0771-4912611 Email: [email protected] • Rajahmundry: D.No.6-1-4, Rangachary Street, T. Nagar, Near Axis Bank Street, Rajahmundry 533 101 Tel: 0883-2434468/70 Email: [email protected] • Rajapalayam: Sri Ganapathy Complex, 14B/5/18, T P Mills Road, Virudhungar Dist, Rajapalayam 626 117 Tel: 04563 - 232952 Email: [email protected] • Rajkot: 302, Metro Plaza, Near Moti Tanki Chowk, Rajkot, Gujarat, 360 001 Tel: 9081903025 Email: [email protected] • Ranchi: Room No.307, 3rd Floor, Commerce Tower, Beside Mahabir Tower, Ranchi 834 001 Tel: 0651-2331320 Email: [email protected] • Ratlam: 1 Nagpal Bhawan, Free Ganj Road, Do Batti, Near Nokia Care, Ratlam 457001, [email protected], 07412-320398, 07412-402009 • Renukoot: Radhika Bhavan. Opp. Padmini Hotel, Murdhwa, Renukoot 231 217 Tel: 7518801842 Email: [email protected] • Rewa: Ist Floor, Angoori Building, Besides Allahabad Bank, Trans University Road, Civil Lines, Rewa 485 001 Tel: 7518801843 Email: [email protected] • Rohtak: 1st Floor, Ashoka Plaza, Delhi Road, Rohtak 124 001 Tel: 7518801844 Email: [email protected] • Roorkee: Shree Ashadeep Complex, 16, Civil Lines, Near Income Tax Office, Roorkee 247 667 Tel: 7518801845 Email: [email protected] • Rourkela: 1st Floor Sandhu Complex, Kachery Road, Uditnagar, Rourekla 769 012 Tel: 0661-2500005 Email: fsrourkela@ karvy.com • Sagar: II Floor, Above Shiva Kanch Mandir, 5 Civil Lines, Sagar 470 002 Tel: 07582-402404 Email: [email protected] • Saharanpur: 18 Mission Market, Court Road, Saharanpur 247 001 Tel: 7518801846 Email: [email protected] • Salem: No.3/250, Brindavan Road, 6th Cross, Behind Perumal Kovil, Fairland’s, Salem 636 016 Tel: 0427-4020300 Email: [email protected] • Sambalpur: Koshal Builder Complex, Near Goal Bazaar Petrol Pump, Sambalpur 768 001 Tel: 0663-2533437 Email: [email protected] • Satna: 1st Floor, Gopal Complex, Near Bus Stand, Rewa Road, Satna 485 001 Tel: 7518801847Email:[email protected] • Shaktinagar: 1st/A-375, V.V. Colony, Dist Sonebhadra, Shaktinagar 231 222 Tel: 7518801848 Email: [email protected] • Shillong: Annex Mani Bhawan, Lower Thana Road, Near R K M LP School, Shillong 793 001 Tel: 0364 - 2506106 Email: [email protected] • Shimla: Triveni Building, By Pass Chowk, Khallini, Shimla 171 002 Tel: 7518801849 Email: [email protected] • Shimoga: Sri Matra Naika Complex,1st Floor, Above Shimoga Diagnostic Centre, Llr Road, Durgigudi, Shimoga 577 201 Tel: 08182-228799 Email: [email protected] • Shivpuri: 1st Floor, M.P.R.P. Building, Near Bank of India, Shivpuri 473 551 Tel: 7518801850 Email: [email protected] • Sikar: First Floor, Super Tower, Behind Ram Mandir, Near Taparya Bagichi, Sikar 332 001 Tel: 01572-250398 Email: [email protected] • Silchar: N.N. Dutta Road, Chowchakra Complex, Premtala, Silchar 788 001 Tel: 3842261714 Email: [email protected] • Siliguri: Nanak Complex, Sevoke Road, Siliguri 734 001 Tel: 0353-2522579 Email: [email protected] • Sitapur: 12/12-A Sura Complex, Opp Arya Nagar, Mal Godam, Sitapur 261 001 Tel: 7518801851 Email: [email protected] •Sivakasi: 363, Thiruthangal Road, Opp TNEB, Sivakasi 626 123 Tel: 04562 228816 Email: [email protected] • Solan: Sahni Bhawan, Adjacent Anand Cinema Complex, The Mall, Solan 173 212 Tel: 7518801852 Email: [email protected] • Solapur: Block No.06, Vaman Nagar, Opp D-Mart, Jule Solapur, Solapur 413 004 Tel: 0217-2300021 / 2300318 Email: [email protected] • Sonepat: 205 R Model Town, Above Central Bank of India, Sonepat 131 001 Tel: 7518801853 Email: [email protected] • Sri Ganganagar: 35E Block, Opp: Sheetla Mata Vaateka, Sri Ganganagar 335 001 Tel: 0154-2470177 Email: [email protected] • Srikakulam: D.No. 4-4-97, First Floor, Behind Sri Vijayaganpathi Temple, Pedda Relli Veedhi, Palakonda Road, Srikakulam 532 001. Tel: 8942229925 / 9248009412 Email: [email protected] • Sultanpur: 1077/3, Civil Lines, Opp Bus Stand, Civil Lines, Sultanpur 228 001 Tel: 7518801854 Email: [email protected] • Surat: Office No: 516, 5th Floor, Empire State Building, Near Udhna Darwaja, Ring Road, Surat 395 002 Tel: 9081903041 / 9081903035 Email: [email protected] • Thanjavur: No.70, Nalliah Complex, Srinivasam Pillai Road, Tanjore 613 001 Tel: 04362-275415 Email: [email protected] • Thodupuzha: First Floor, Pulimoottil Pioneer, Pala Road, Thodupuzha 685 584 Tel: 04862-211209 Email: [email protected] • Tirunelveli: 55/18, Jeney Building, S N Road, Near Aravind Eye Hospital, Tirunelveli 627 001 Tel: 0462 2335137 Email: [email protected] • Tirupathi: H.No:10-13-425, 1st Floor, Tilak Road, Opp: Sridevi Complex, Tirupathi 517 501 Tel: 9885995544 / 0877-2255797 Email: [email protected] • Tirupur: First Floor, 244 A, Above Selvakumar Dept Stores, Palladam Road, Opp Cotton Market Complex, Tirupur 641 604 Tel: 0421-2214221 / 0421-2214319 Email: [email protected] • Tiruvalla: 2nd Floor, Erinjery Complex, Ramanchira, Opp Axis Bank, Thiruvalla 689 107 Tel: 0469-2603303 Email: [email protected] • Trichur: 2nd Floor, Brothers Complex, Naikkanal Junction, Shornur Road, Near Dhanalakshmi Bank H O,Thrissur 680 001 Tel: 0487- 6999987 Email: [email protected] • Trichy: 60, Sri Krishna Arcade, Thennur High Road, Trichy 620 017 Tel: 0431-4020227 Email: [email protected] • Trivandrum: 2nd Floor, Akshaya Tower, Sasthamangalam, Trivandrum 695 010 Tel: 0471 - 2725728 Email: [email protected] • Tuticorin: 4 - B, A34 - A37, Mangalmal Mani Nagar, Opp. Rajaji Park, Palayamkottai Road, Tuticorin 628 003 Tel: 0461-2334603 Email: [email protected] • Udaipur: 201-202, Madhav Chambers, Opp GPO, Chetak Circle, Udaipur 313 001 Tel: 0294 2429370 Email: [email protected] • Ujjain: 101 Aashta Tower, 13/1 Dhanwantri Marg, Freeganj, Ujjain 456 010 Tel: 0734-4250007 / 4250007 Email: [email protected] • Valsad: Shop No.2, Phiroza Corner, Opp Next Show Room, Tithal Road,

27 Karvy Fintech Private Limited Address and Contact details MFS Branches

Valsad 396 001 Tel: 02632-258481 Email: [email protected] • Vapi: Shop No-12, Ground Floor, Sheetal Apartment, Near K P Tower, Vapi 396 195 Tel: 9081903028 Email: [email protected] • Varanasi: D-64/132 1st Floor, Anant Complex, Sigra, Varanasi 221 010 Tel: 7518801855 Email: [email protected] • Vellore: No.6, Nexus Towers, 2nd Floor, Officer’s Line, Above Peter England & Bata Showroom, Opp. Voorhees School, Vellore 632 001. Tel: 0416 2215007 Email: [email protected] • Vijayanagaram: Soubhagya, 19-6-1/3, 2nd Floor, Near Fort Branch, Opp Three Temples, ijayanagaram 535 002 Tel: 08922-236965 Email: [email protected] • Vijayawada: 39-10-7, Opp Municipal Water Tank, Labbipet, Vijayawada 520 010 Tel: 0866-6604032 / 39 / 40 Email: [email protected] • Visakhapatnam: Door No: 48-8-7, Dwaraka Diamond, Ground Floor, Srinagar, Visakhapatnam 530 016 Tel: 0891-2714125 Email: [email protected] • Warangal: 5-6-95, 1st Floor, Opp B.Ed College, Lashkar Bazar, Chandra Complex, Hanmakonda, Warangal 506 001 Tel: 0870-2441513 Email: [email protected] • Yamuna Nagar: Jagdhari Road, Above UCO Bank, Near D.A.V. Girls College, Yamuna Nagar 135 001 Tel: 7518801857 Email: [email protected]

Baroda Mutual Fund - Investor Service Centre Contact Points: Toll Free Number: 1-800-267 0189 (9 am to 6 pm – Monday to Saturday all business days and 9 am to 2 pm on 2nd & 4th Saturday of the month) Email: [email protected] | Website:www.barodamf.com Registered Office Baroda Asset Management India Ltd. (Formerly known as Baroda Pioneer Asset Management Company Ltd.) CIN : U65991MH1992PLC069414 501 Titanium, 5th Floor, Western Express Highway, Goregaon (E), Mumbai - 400063. Phone: +91 22 3074 1000 / 4219 7999. Fax: +91 22 3074 1001. Branch Offices Delhi Baroda Asset Management India Ltd. (Formerly known as Baroda Pioneer Asset Management Company Ltd.) Flat No. 103 & 104, First Floor,Prakash Deep Building, 7 Tolstoy Marg, New Delhi - 110001. Phone: +91 011- 43514662, Fax: +91 11 4592117 Chennai Baroda Asset Management India Ltd. (Formerly known as Baroda Pioneer Asset Management Company Ltd.) HP Complex, Flat No. 12, 3rd Floor, Door No. 124/1, 2 & 3 New No. 14, G. N. Chetty Road, T. Nagar, Chennai - 600017. Phone: +91 044- 2834 3530, Fax: +91 044 - 2834 3539 Lucknow Baroda Asset Management India Limited* (Formerly known as Baroda Pioneer Asset Management Company Ltd.) G - 101 Ground Floor, SKI High Building, 11/05, Park Road, Hazaratganj, Lucknow-226001 Phone: +91 0522- 43514564 Bangalore Baroda Asset Management India Limited* (Formerly known as Baroda Pioneer Asset Management Company Limited) Raheja Arcade, No. 1/1, Commercial Permises No. 246, 2 nd Floor, Koramangala Industrial layout, Hosur Road, Bangalore - 560 095. Phone: +91 9884078407 * Currently not an Investor Service Centre. Mutual fund investments are subject to market risks,read all scheme related documents carefully.