Tata Quant Fund (An Open Ended Equity Scheme following quant based investing theme)

As on 31st May 2020 PORTFOLIO INVESTMENT STYLE Primarily focuses on investing in equity and equity related Company name No. of Market Value % of Company name No. of Market Value % of instruments following quant based investing theme. Shares Rs. Lakhs Assets Shares Rs. Lakhs Assets INVESTMENT OBJECTIVE Equity & Equity Related Total 9103.72 94.70 Pharmaceuticals The investment objective of the scheme is to generate Auto Ltd. 52242 338.61 3.52 medium to long-term capital appreciation by investing in Hero Motocorp Ltd. 12845 303.25 3.15 Ltd. 13914 328.73 3.42 equity and equity related instruments selected based on a Auto Ancillaries Ltd. 19417 295.91 3.08 quantitative model (Quant Model). Ltd. 382196 364.23 3.79 Syngene International Ltd. 82231 293.65 3.05 However, there is no assurance or guarantee that the Amara Raja Batteries Ltd. 53772 330.48 3.44 Ltd. 82364 283.83 2.95 investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns. Ltd. 30195 325.77 3.39 Divi Laboratories Ltd. 11650 278.45 2.90 MRF Ltd. 429 253.60 2.64 Sanofi India Ltd. 3579 276.75 2.88 DATE OF ALLOTMENT Consumer Durables Abbott India Ltd. 1489 249.01 2.59 January 22, 2020 Whirlpool Of India Ltd. 12930 251.44 2.62 Pfizer Ltd. 6095 246.15 2.56 FUND MANAGER Consumer Non Durables Ltd. 9249 209.30 2.18 Sailesh Jain (Managing Since 28-Jan-20 and overall Ltd. 12612 426.14 4.43 Power experience of 15 years) India Ltd. 70973 331.05 3.44 Ltd. 83647 266.37 2.77 Jubilant Foodworks Ltd. 16695 276.57 2.88 Nhpc Ltd. 1329722 260.63 2.71 BENCHMARK Kansai Nerolac Paints Ltd. 69345 252.14 2.62 S&P BSE 200 TRI Fertilisers Repo 535.31 5.57 NAV Ltd. 51370 330.98 3.44 Portfolio Total 9639.03 100.27 Direct - Dividend : 7.6207 Finance Net Current Liabilities -26.03 -0.27 Direct - Growth : 7.6207 Ltd. 43045 371.33 3.86 Net Assets 9613.00 100.00 Regular - Dividend : 7.5595 The New India Assurance Company Ltd. 300174 362.61 3.77 ^ Exposure less than 1% has been clubbed under Other Equities Regular - Growth : 7.5595 Max Financial Services Ltd. 68893 330.93 3.44 FUND SIZE Shriram Transport Finance Co Ltd. 47457 271.60 2.83 Gas Rs. 96.13 (Rs. in Cr.) Ltd. 55289 261.02 2.72 MONTHLY AVERAGE AUM Pesticides Rs. 93.65 (Rs. in Cr.) Bayer Cropscience Ltd. 7245 389.42 4.05 Products TURN OVER India Ltd. 297508 343.77 3.58 Portfolio Turnover (Total) 174.06% Portfolio Turnover (Equity component only) 174.06%

EXPENSE RATIO** Direct 0.89 Regular 2.69 **Note: The rates specified are actual month end expenses charged as on May 31, 2020. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, SIP - If you had invested INR 10000 every month proportionate charge (out of maximum 30 on daily average net assets allowed) in respect sales beyond T-30 cities assets, wherever 1 Year 3 Year 5 Year 7 Year 10 Year Since Inception applicable. Total Amount Invested (Rs.) NA NA NA NA NA 40,000 VOLATILITY MEASURES^ FUND BENCHMARK Total Value as on May 31, 2020 (Rs.) NA NA NA NA NA 37,496 Std. Dev (Annualised) 56.29 47.37 Returns NA NA NA NA NA -28.20% Sharpe Ratio -0.38 -0.34 Total Value of B: S&P BSE 200 TRI NA NA NA NA NA 38,814 Portfolio Beta 1.03 1.00 R Squared 0.99 1.00 B: S&P BSE 200 TRI NA NA NA NA NA -14.24% Treynor -5.90 -4.61 Total Value of AB: S&P BSE Sensex TRI NA NA NA NA NA 38,413 Jenson -1.33 NA AB: S&P BSE Sensex TRI NA NA NA NA NA -18.69% ^Risk-free rate based on the FBIL Overnight MIBOR rate (Inception date :22-Jan-2020) (First Installment date : 01-Feb-2020) of 4.04% as on May 29, 2020 For calculation methodology please refer to Pg 61 Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. MINIMUM INVESTMENT/ For scheme performance refer pages 49-61. MULTIPLES FOR NEW INVESTMENT *B: Benchmark, AB: Additional Benchmark Growth option: Rs 5,000/- and in multiple of Re.1/- Source: MFI Explorer thereafter Dividend (payout): Rs 5,000/- and in multiple of Re.1/- thereafter Top 10 Holdings Equity Sector Allocation

ADDITIONAL INVESTMENT/ Issuer Name % to NAV Pharma 29.13% MULTIPLES FOR EXISTING INVESTORS Britannia Industries Ltd. 4.43 Bayer Cropscience Ltd. 4.05 Automobile Rs.1000/-& in multiples of Re.1/-thereafter. 16.41% Muthoot Finance Ltd. 3.86 Consumer Goods 15.99% LOAD STRUCTURE Motherson Sumi Systems Ltd. 3.79 Financial Services Entry Load : Not Applicable The New India Assurance Company Ltd. 3.77 13.90% Castrol India Ltd. 3.58 Fertilisers & Pesticides 7.49% Exit Load : 1% of the applicable NAV, if Cipla Ltd. 3.52 redeemed/switched out on or before Coromandel International Ltd. 3.44 Oil & Gas 6.29% expiry of 365 days from the date of Amara Raja Batteries Ltd. 3.44 allotment. Power 5.48% Dabur India Ltd. 3.44 Please refer to our Tata Mutual Fund website for Total 37.32 0.00% 6.00% 12.00% 18.00% 24.00% 30.00% 36.00% fundamental changes, wherever applicable

Market Capitalisation wise Exposure NAV Movement Tata Quant Fund - Reg - Growth S&P BSE 200 TRI Large Cap 32.89% 110 Mid Cap 67.11% 100 90 Small Cap 0.00% 80 70

Market Capitalisation is as per list provided by AMFI. 60 Jan-20 Mar-20 Apr-20 May-20

www.tatamutualfund.com Mutual Fund investments are subject to market risks, read all scheme related documents carefully TATA MUTUAL FUND 27