UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

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

Debt Instruments Rating Indusind Bank Ltd Banks 81,290 260.78 0.73 Equity & Equity Related (a) Listed / awaiting listing on Stock Exchanges Ltd Consumer Non Durables 133,750 233.39 0.66 (a) Listed/Awaiting listing on Stock Exchanges Non - Traded / Thinly Traded Scrips Ltd Software 5,397 154.62 2.53 Mahindra & Mahindra Ltd Auto 29,362 204.62 0.58 Power Finance Corp Ltd CRISIL AAA 30 297.69 12.03 ICICI Bank Ltd Banks 13,017 115.49 1.89 Power Grid Corp Of Power 168,927 182.27 0.51 Ltd Cement 4,000 105.17 1.72 Ltd CRISIL AAA(SO) 25 294.41 11.89 Oil & Natural Gas Corp Ltd Oil 67,200 179.63 0.51 India Ltd Industrial Products 19,000 94.40 1.55 National Housing Bank CRISIL AAA 30 292.21 11.81 Ltd Auto 8,931 177.12 0.50 Ltd Telecom - Services 27,926 94.04 1.54 Export-Import CRISIL AAA 27 273.05 11.03 Ltd Minerals/Mining 42,999 147.53 0.42 HDFC Bank Ltd Banks 17,180 89.34 1.46 Power Grid Corp Of India CRISIL AAA 20 248.12 10.02 IPCA Laboratories Ltd Pharmaceuticals 42,000 140.70 0.40 Ltd Banks 13,838 75.06 1.23 Indian Railway Finance Corp CRISIL AAA 18 179.16 7.24 Pharmaceuticals 16,000 121.62 0.34 Ltd Petroleum Products 9,901 74.08 1.21 Dr Reddy'S Laboratories Ltd ICRA AA+ 3,030 0.15 0.01 Dr Reddy'S Laboratories Ltd Pharmaceuticals 6,475 113.87 0.32 Indusind Bank Ltd Banks 20,716 66.46 1.09 Total 1,584.79 64.03 Oracle Financial Services Software Ltd Software 4,029 105.57 0.30 Marico Ltd Consumer Non Durables 35,000 61.08 1.00 Ltd Software 23,721 104.14 0.29 Mahindra & Mahindra Ltd Auto 7,547 52.60 0.86 Totals 2,295.34 92.74 Ltd Chemicals 47,992 85.21 0.24 Power Grid Corp Of India Power 43,375 46.80 0.77 Ltd Non - Ferrous Metals 64,069 82.94 0.23 Call, Cash & Other Assets 179.91 7.26 Oil & Natural Gas Corp Ltd Oil 16,812 44.94 0.74 India Cements Ltd Cement 73,506 81.81 0.23

Eicher Motors Ltd Auto 2,271 45.04 0.74 Banks 3,711 77.75 0.22 Coal India Ltd Minerals/Mining 10,942 37.54 0.61 Net Assets 2,475.25 100.00 India Ltd Consumer Non Durables 73,000 77.67 0.22 IPCA Laboratories Ltd Pharmaceuticals 10,900 36.52 0.60 Note: Idea Cellular Ltd Telecom - Services 74,445 73.59 0.21 Cadila Healthcare Pharmaceuticals 4,100 31.16 0.51 Ltd Banks 6,400 73.34 0.21 Dr Reddy'S Laboratories Ltd Pharmaceuticals 1,641 28.86 0.47 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Ltd Consumer Non Durables 2,250 72.85 0.20 Oracle Financial Services Software Ltd Software 1,023 26.80 0.44 NAV as on 30-Sep-2011 Orient Paper & Industries Ltd Cement 118,026 69.87 0.20 Wipro Ltd Software 5,825 25.57 0.42 ` Dividend Option ( ) 11.7332 Ltd Ferrous Metals 74,264 69.85 0.20 Pidilite Industries Ltd Chemicals 12,426 22.06 0.36 Growth Option (`) 12.8650 Hindalco Industries Ltd Non - Ferrous Metals 16,731 21.66 0.35 Crompton Greaves Limited Industrial Capital Goods 49,641 68.58 0.19 India Cements Ltd Cement 19,207 21.38 0.35 NAV as on 31-Mar-2012 Limited Construction Project 61,000 68.35 0.19 ` Dabur India Ltd Consumer Non Durables 19,000 20.22 0.33 Dividend Option ( )# 11.4382 Ltd Ferrous Metals 14,300 67.27 0.19 ` State Bank Of India Banks 924 19.36 0.32 Growth Option ( )# 13.3810 ICRA Ltd Finance 5,912 66.26 0.19 Idea Cellular Ltd Telecom - Services 19,180 18.96 0.31 b) Dividends declared during the Half - year ended March 31, 2012: Banks 8,000 63.49 0.18 Orient Paper & Industries Ltd Cement 31,424 18.60 0.30 NTPC Ltd Power 38,558 62.73 0.18 Dividend per unit Axis Bank Ltd Banks 1,600 18.33 0.30 Jagran Prakashan Ltd Media & Entertainment 56,657 57.00 0.16 Plan Name Steel Authority Of India Ltd Ferrous Metals 19,291 18.14 0.30 Indian Oil Corp Ltd Petroleum Products 20,000 52.52 0.15 Individuals/HUF Others Asian Paints Ltd Consumer Non Durables 550 17.81 0.29 NHPC Ltd Power 248,000 48.73 0.14 Crompton Greaves Limited Industrial Capital Goods 12,822 17.71 0.29 Dividend Option 0.6607 0.5663 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 1,800 41.23 0.12 Voltas Limited Construction Project 15,700 17.59 0.29 TV18 Brodcast Ltd Media & Entertainment 144,096 39.84 0.11 Tata Steel Ltd Ferrous Metals 3,700 17.40 0.28 c) Average Maturity as on March 31, 2012 1.04 Years Gujarat Pipavav Port Ltd Transportation 60,000 35.28 0.10 ICRA Ltd Finance 1,478 16.56 0.27 JK Lakshmi Cement Limited Cement 53,000 34.56 0.10 NTPC Ltd Power 9,768 15.89 0.26 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN D Gujarat Mineral Dev Corp Ltd Minerals/Mining 18,000 32.79 0.09 Bank Of Baroda Banks 2,000 15.87 0.26 TVS Motor Company Limited Auto 59,000 24.19 0.07 Jagran Prakashan Ltd Media & Entertainment 14,689 14.78 0.24 Company Name Industry Classification Quantity Market Value % to Net ` Total 6,529.11 18.41 Indian Oil Corp Ltd Petroleum Products 5,300 13.92 0.23 (in Lakhs) Assets

NHPC Ltd Power 66,000 12.97 0.21 TV18 Brodcast Ltd Media & Entertainment 38,356 10.61 0.17 Equity & Equity Related Debt Instruments Rating Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 450 10.31 0.17 (a) Listed/Awaiting listing on Stock Exchanges (a) Listed / awaiting listing on Stock Exchanges Gujarat Pipavav Port Ltd Transportation 15,000 8.82 0.14 Infosys Ltd Software 760 21.77 2.57 Non - Traded / Thinly Traded Scrips Gujarat Mineral Dev Corp Ltd Minerals/Mining 4,800 8.74 0.14 ICICI Bank Ltd Banks 1,856 16.47 1.95 Corporation Ltd CRISIL AAA 470 4,630.42 13.03 JK Lakshmi Cement Limited Cement 13,000 8.49 0.14 Cummins India Ltd Industrial Products 2,961 14.71 1.74 Rural Electrification Corp Ltd CRISIL AAA 465 4,587.99 12.91 TVS Motor Company Limited Auto 15,000 6.16 0.10 Bharti Airtel Ltd Telecom - Services 3,903 13.14 1.55 Housing Development Finance Corp CRISIL AAA 350 4,208.55 11.84 Total 1,697.91 27.78 HDFC Bank Ltd Banks 2,425 12.61 1.49 Indian Railway Finance Corp CRISIL AAA 300 2,993.24 8.42 Kotak Mahindra Bank Ltd Banks 1,988 10.78 1.27 NABARD CRISIL AAA 300 2,981.42 8.39 Debt Instruments Rating Reliance Industries Ltd Petroleum Products 1,337 10.00 1.18 Power Finance Corp Ltd CRISIL AAA 300 2,960.55 8.33 (a) Listed / awaiting listing on Stock Exchanges Indusind Bank Ltd Banks 2,894 9.28 1.10 LIC Housing Finance Ltd CRISIL AAA 290 2,864.22 8.06 Non - Traded / Thinly Traded Scrips Marico Ltd Consumer Non Durables 4,794 8.37 0.99 Ultra Tech Cement Ltd CRISIL AAA 9 890.84 2.51 Tata Motors Ltd CRISIL AAA(SO) 75 883.24 14.46 Mahindra & Mahindra Ltd Auto 1,046 7.29 0.86 Indian Oil Corp Ltd CRISIL AAA 50 493.90 1.39 Power Finance Corp Ltd CRISIL AAA 70 694.61 11.37 Power Grid Corp Of India Power 6,151 6.64 0.78 Dr Reddy'S Laboratories Ltd ICRA AA+ 26,250 1.30 0.00* Indian Railway Finance Corp CRISIL AAA 68 676.84 11.08 Oil & Natural Gas Corp Ltd Oil 2,436 6.51 0.77 Total 26,612.43 74.88 Power Grid Corp Of India CRISIL AAA 50 621.11 10.17 Eicher Motors Ltd Auto 301 5.97 0.71 NABARD CRISIL AAA 60 585.40 9.58 Grasim Industries Ltd Cement 215 5.65 0.67 Totals 33,141.54 93.29 Rural Electrification Corp Ltd CRISIL AAA 50 496.60 8.13 Coal India Ltd Minerals/Mining 1,534 5.26 0.62 Dr Reddy'S Laboratories Ltd ICRA AA+ 6,846 0.34 0.01 Call, Cash & Other Assets 2,396.46 6.71 IPCA Laboratories Ltd Pharmaceuticals 1,500 5.03 0.59 Total 3,958.14 64.80 Cadila Healthcare Pharmaceuticals 600 4.56 0.54 Net Assets 35,538.00 100.00 Dr Reddy'S Laboratories Ltd Pharmaceuticals 257 4.52 0.53 Totals 5,656.05 92.58 Wipro Ltd Software 804 3.53 0.42

Asian Paints Ltd Consumer Non Durables 100 3.24 0.38 *Less than 0.01% Call, Cash & Other Assets 451.76 7.42 Hindalco Industries Ltd Non - Ferrous Metals 2,395 3.10 0.37 Note:

Pidilite Industries Ltd Chemicals 1,728 3.07 0.36 Net Assets 6,107.81 100.00 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Oracle Financial Services Software Ltd Software 116 3.04 0.36 Note: India Cements Ltd Cement 2,646 2.94 0.35 NAV as on 30-Sep-2011 Axis Bank Ltd Banks 250 2.86 0.34 Dividend Option (`) 10.6949 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Dabur India Ltd Consumer Non Durables 2,600 2.77 0.33 Growth Option (`) 10.8978 NAV as on 30-Sep-2011 State Bank Of India Banks 127 2.66 0.31 Dividend Option (`) 11.4595 Idea Cellular Ltd Telecom - Services 2,681 2.65 0.31 NAV as on 31-Mar-2012 ` Growth Option (`) 12.3806 Steel Authority Of India Ltd Ferrous Metals 2,780 2.61 0.31 Dividend Option ( )# 10.7356 ` Tata Steel Ltd Ferrous Metals 550 2.59 0.31 Growth Option ( )# 11.3083 NAV as on 31-Mar-2012 Crompton Greaves Limited Industrial Capital Goods 1,724 2.38 0.28 Dividend Option (`)# 11.2726 b) Dividends declared during the Half - year ended March 31, 2012: Growth Option (`)# 12.8961 Bank Of Baroda Banks 300 2.38 0.28 Voltas Limited Construction Project 2,100 2.35 0.28 Dividend per unit b) Dividends declared during the Half - year ended March 31, 2012: NTPC Ltd Power 1,335 2.17 0.26 Plan Name Jagran Prakashan Ltd Media & Entertainment 2,041 2.05 0.24 Individuals/HUF Others Dividend per unit Plan Name ICRA Ltd Finance 174 1.95 0.23 Dividend Option 0.3083 0.2643 Individuals/HUF Others Indian Oil Corp Ltd Petroleum Products 700 1.84 0.22 NHPC Ltd Power 8,300 1.63 0.19 c) Average Maturity as on March 31, 2012 0.43 Years Dividend Option 0.5726 0.4908 Orient Paper & Industries Ltd Cement 2,731 1.62 0.19 c) Average Maturity as on March 31, 2012 0.91 Years Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 70 1.60 0.19 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XII - PLAN B Gujarat Pipavav Port Ltd Transportation 2,200 1.29 0.15 Gujarat Mineral Dev Corp Ltd Minerals/Mining 700 1.28 0.15 Company Name Industry Classification Quantity Market Value % to Net FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES X - PLAN C (`in Lakhs) Assets JK Lakshmi Cement Limited Cement 1,900 1.25 0.15 Company Name Industry Classification Quantity Market Value % to Net TV18 Brodcast Ltd Media & Entertainment 3,055 0.85 0.10 (`in Lakhs) Assets Equity & Equity Related TVS Motor Company Limited Auto 2,000 0.83 0.10

Total 229.09 27.07 (a) Listed/Awaiting listing on Stock Exchanges Equity & Equity Related Infosys Ltd Software 18,507 530.22 1.64 (a) Listed/Awaiting listing on Stock Exchanges Debt Instruments Rating ICICI Bank Ltd Banks 46,589 413.36 1.28 Infosys Ltd Software 2,291 65.64 2.65 (a) Listed / awaiting listing on Stock Exchanges Cummins India Ltd Industrial Products 70,687 351.21 1.08 ICICI Bank Ltd Banks 5,716 50.72 2.05 Non - Traded / Thinly Traded Scrips Bharti Airtel Ltd Telecom - Services 100,645 338.92 1.05 Cummins India Ltd Industrial Products 8,252 41.00 1.66 Power Grid Corp Of India CRISIL AAA 10 124.06 14.66 HDFC Bank Ltd Banks 61,965 322.25 1.00 Bharti Airtel Ltd Telecom - Services 12,140 40.88 1.65 National Housing Bank CRISIL AAA 12 116.88 13.81 Grasim Industries Ltd Cement 10,583 278.26 0.86 HDFC Bank Ltd Banks 7,340 38.17 1.54 Export-Import Bank Of India CRISIL AAA 11 111.24 13.15 Kotak Mahindra Bank Ltd Banks 49,145 266.59 0.82 Kotak Mahindra Bank Ltd Banks 5,935 32.19 1.30 Power Finance Corp Ltd CRISIL AAA 10 101.52 12.00 Reliance Industries Ltd Petroleum Products 34,721 259.80 0.80 Reliance Industries Ltd Petroleum Products 4,176 31.25 1.26 Rural Electrification Corp Ltd CRISIL AAA 10 101.45 11.99 Indusind Bank Ltd Banks 73,424 235.54 0.73 Grasim Industries Ltd Cement 1,109 29.16 1.18 Dr Reddy'S Laboratories Ltd ICRA AA+ 942 0.05 0.01 Indusind Bank Ltd Banks 8,408 26.97 1.09 Total 555.20 65.62 Marico Ltd Consumer Non Durables 121,849 212.63 0.66 Marico Ltd Consumer Non Durables 14,059 24.53 0.99 Mahindra & Mahindra Ltd Auto 26,792 186.71 0.58 Mahindra & Mahindra Ltd Auto 3,246 22.62 0.91 Totals 784.29 92.69 Power Grid Corp Of India Power 153,690 165.83 0.51 Power Grid Corp Of India Power 19,417 20.95 0.85 Oil & Natural Gas Corp Ltd Oil 61,564 164.56 0.51 Oil & Natural Gas Corp Ltd Oil 7,636 20.41 0.82 Call, Cash & Other Assets 61.82 7.31 Eicher Motors Ltd Auto 8,121 161.06 0.50 Eicher Motors Ltd Auto 950 18.84 0.76 Coal India Ltd Minerals/Mining 39,089 134.11 0.41 Net Assets 846.11 100.00 Coal India Ltd Minerals/Mining 4,724 16.21 0.65 IPCA Laboratories Ltd Pharmaceuticals 38,000 127.30 0.39 IPCA Laboratories Ltd Pharmaceuticals 4,700 15.75 0.64 Note: Cadila Healthcare Pharmaceuticals 14,600 110.97 0.34 Cadila Healthcare Pharmaceuticals 1,750 13.30 0.54 Dr Reddy'S Laboratories Ltd Pharmaceuticals 5,980 105.17 0.32 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Dr Reddy'S Laboratories Ltd Pharmaceuticals 705 12.40 0.50 Oracle Financial Services Software Ltd Software 3,683 96.50 0.30 Oracle Financial Services Software Ltd Software 447 11.71 0.47 NAV as on 30-Sep-2011 Wipro Ltd Software 21,590 94.78 0.29 ` Wipro Ltd Software 2,578 11.32 0.46 Dividend Option ( ) 11.6732 Pidilite Industries Ltd Chemicals 43,642 77.49 0.24 Pidilite Industries Ltd Chemicals 5,554 9.86 0.40 Growth Option (`) 13.0004 Hindalco Industries Ltd Non - Ferrous Metals 59,432 76.93 0.24 India Cements Ltd Cement 8,503 9.46 0.38 NAV as on 31-Mar-2012 India Cements Ltd Cement 66,852 74.41 0.23 Hindalco Industries Ltd Non - Ferrous Metals 6,944 8.99 0.36 Dividend Option (`)# 11.3912 State Bank Of India Banks 3,488 73.07 0.23 Dabur India Ltd Consumer Non Durables 8,200 8.72 0.35 ` Growth Option ( )# 13.5409 Dabur India Ltd Consumer Non Durables 67,000 71.29 0.22 Steel Authority Of India Ltd Ferrous Metals 9,131 8.59 0.35 Idea Cellular Ltd Telecom - Services 67,564 66.79 0.21 State Bank Of India Banks 408 8.55 0.35 b) Dividends declared during the Half - year ended March 31, 2012: Steel Authority Of India Ltd Ferrous Metals 70,960 66.74 0.21 Orient Paper & Industries Ltd Cement 13,975 8.27 0.33 Dividend per unit Axis Bank Ltd Banks 700 8.02 0.32 Plan Name Axis Bank Ltd Banks 5,800 66.46 0.21 Idea Cellular Ltd Telecom - Services 8,082 7.99 0.32 Individuals/HUF Others Asian Paints Ltd Consumer Non Durables 2,050 66.37 0.20 Tata Steel Ltd Ferrous Metals 1,600 7.53 0.30 Crompton Greaves Limited Industrial Capital Goods 45,137 62.36 0.19 Dividend Option 0.6607 0.5663 Crompton Greaves Limited Industrial Capital Goods 5,296 7.32 0.30 Voltas Limited Construction Project 55,000 61.63 0.19 Voltas Limited Construction Project 6,300 7.06 0.29 c) Average Maturity as on March 31, 2012 1.30 Years Tata Steel Ltd Ferrous Metals 13,100 61.62 0.19 ICRA Ltd Finance 609 6.83 0.28 ICRA Ltd Finance 5,390 60.41 0.19 Bank Of Baroda Banks 850 6.75 0.27 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XII - PLAN A Bank Of Baroda Banks 7,300 57.94 0.18 Jagran Prakashan Ltd Media & Entertainment 6,561 6.60 0.27 NTPC Ltd Power 34,304 55.81 0.17 Company Name Industry Classification Quantity Market Value % to Net Asian Paints Ltd Consumer Non Durables 200 6.48 0.26 (`in Lakhs) Assets Jagran Prakashan Ltd Media & Entertainment 51,542 51.85 0.16 NTPC Ltd Power 3,909 6.36 0.26 Indian Oil Corp Ltd Petroleum Products 18,000 47.27 0.15 Indian Oil Corp Ltd Petroleum Products 2,300 6.04 0.24 Equity & Equity Related NHPC Ltd Power 232,000 45.59 0.14 NHPC Ltd Power 26,000 5.11 0.21 (a) Listed/Awaiting listing on Stock Exchanges Orient Paper & Industries Ltd Cement 75,228 44.53 0.14 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 200 4.58 0.19 Infosys Ltd Software 20,344 582.85 1.64 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 1,600 36.65 0.11 Gujarat Pipavav Port Ltd Transportation 6,400 3.76 0.15 ICICI Bank Ltd Banks 51,420 456.22 1.28 Gujarat Pipavav Port Ltd Transportation 55,000 32.34 0.10 TV18 Brodcast Ltd Media & Entertainment 13,263 3.67 0.15 Cummins India Ltd Industrial Products 77,000 382.57 1.08 JK Lakshmi Cement Limited Cement 49,000 31.95 0.10 JK Lakshmi Cement Limited Cement 5,600 3.65 0.15 Bharti Airtel Ltd Telecom - Services 110,601 372.45 1.05 Gujarat Mineral Dev Corp Ltd Minerals/Mining 17,000 30.97 0.10 Gujarat Mineral Dev Corp Ltd Minerals/Mining 2,000 3.64 0.15 HDFC Bank Ltd Banks 67,350 350.25 0.99 TVS Motor Company Limited Auto 53,000 21.73 0.07 TVS Motor Company Limited Auto 6,600 2.70 0.11 Grasim Industries Ltd Cement 11,700 307.63 0.87 TV18 Brodcast Ltd Media & Entertainment 63,494 17.56 0.05 Total 710.55 28.71 Kotak Mahindra Bank Ltd Banks 54,036 293.12 0.82 Reliance Industries Ltd Petroleum Products 38,100 285.08 0.80 Total 5,915.53 18.29 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XII - PLAN B (CONTD.) FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIII - PLAN A (CONTD.) FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIV - PLAN A (CONTD.) Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets Dividend per unit Plan Name Debt Instruments Rating Pidilite Industries Ltd Chemicals 44,342 78.73 0.24 Individuals/HUF Others India Cements Ltd Cement 67,872 75.54 0.23 (a) Listed / awaiting listing on Stock Exchanges Dividend Option 0.3964 0.3398 Non - Traded / Thinly Traded Scrips State Bank Of India Banks 3,547 74.31 0.23 Dabur India Ltd Consumer Non Durables 69,000 73.42 0.22 Housing Development Finance Corp CRISIL AAA 350 4,208.55 13.00 c) Average Maturity as on March 31, 2012 1.06 Years Steel Authority Of India Ltd Ferrous Metals 72,795 68.46 0.21 LIC Housing Finance Ltd CRISIL AAA 400 3,931.50 12.14 Axis Bank Ltd Banks 5,900 67.61 0.21 Bharat Petroleum Corporation Ltd CRISIL AAA 380 3,743.74 11.56 Idea Cellular Ltd Telecom - Services 68,323 67.54 0.21 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIV - PLAN B Rural Electrification Corp Ltd CRISIL AAA 355 3,502.66 10.82 Asian Paints Ltd Consumer Non Durables 2,050 66.37 0.20 Company Name Industry Classification Quantity Market Value % to Net NABARD CRISIL AAA 350 3,484.61 10.76 Crompton Greaves Limited Industrial Capital Goods 46,678 64.49 0.20 (` in Lakhs) Assets Orient Paper & Industries Ltd Cement 108,924 64.48 0.20 Indian Oil Corp Ltd CRISIL AAA 320 3,160.93 9.76 Tata Steel Ltd Ferrous Metals 13,400 63.03 0.19 Power Finance Corp Ltd CRISIL AAA 250 2,486.79 7.68 Equity & Equity Related Voltas Limited Construction Project 56,000 62.75 0.19 (a) Listed/Awaiting listing on Stock Exchanges Dr Reddy'S Laboratories Ltd ICRA AA+ 23,880 1.19 0.00* ICRA Ltd Finance 5,478 61.39 0.19 Infosys Ltd Software 6,256 179.23 1.63 Total 24,519.97 75.72 Bank Of Baroda Banks 7,500 59.52 0.18 ICICI Bank Ltd Banks 16,000 141.96 1.29 NTPC Ltd Power 35,558 57.85 0.18 Cummins India Ltd Industrial Products 24,000 119.24 1.09 Totals 30,435.50 94.01 Jagran Prakashan Ltd Media & Entertainment 52,343 52.66 0.16 Bharti Airtel Ltd Telecom - Services 34,036 114.62 1.04 Indian Oil Corp Ltd Petroleum Products 19,000 49.89 0.15 HDFC Bank Ltd Banks 20,900 108.69 0.99 Call, Cash & Other Assets 1,945.14 5.99 NHPC Ltd Power 236,000 46.37 0.14 Kotak Mahindra Bank Ltd Banks 16,630 90.21 0.82 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 1,700 38.94 0.12 Reliance Industries Ltd Petroleum Products 11,900 89.04 0.81 TV18 Brodcast Ltd Media & Entertainment 125,653 34.74 0.11 Net Assets 32,380.64 100.00 Indusind Bank Ltd Banks 25,100 80.52 0.73 Gujarat Pipavav Port Ltd Transportation 55,000 32.34 0.10 Marico Ltd Consumer Non Durables 41,700 72.77 0.66 *Less than 0.01% JK Lakshmi Cement Limited Cement 49,000 31.95 0.10 Mahindra & Mahindra Ltd Auto 9,128 63.61 0.58 Note: Gujarat Mineral Dev Corp Ltd Minerals/Mining 17,000 30.97 0.09 Eicher Motors Ltd Auto 2,798 55.49 0.51 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 TVS Motor Company Limited Auto 54,000 22.14 0.07 Oil & Natural Gas Corp Ltd Oil 20,500 54.80 0.50 NAV as on 30-Sep-2011 Total 6,063.88 18.57 Grasim Industries Ltd Cement 2,000 52.59 0.48 Dividend Option (`) 10.5538 Coal India Ltd Minerals/Mining 13,270 45.53 0.41 IPCA Laboratories Ltd Pharmaceuticals 13,000 43.55 0.40 Growth Option (`) 10.7576 Debt Instruments Rating (a) Listed / awaiting listing on Stock Exchanges Power Grid Corp Of India Power 40,000 43.16 0.39 NAV as on 31-Mar-2012 Non - Traded / Thinly Traded Scrips Cadila Healthcare Pharmaceuticals 5,000 38.01 0.35 ` Dividend Option ( )# 10.6408 Housing Development Finance Corp CRISIL AAA 400 3,923.45 11.99 Dr Reddy'S Laboratories Ltd Pharmaceuticals 2,000 35.17 0.32 ` Growth Option ( )# 11.1628 Indian Railway Finance Corp CRISIL AAA 350 3,483.71 10.65 Oracle Financial Services Software Ltd Software 1,323 34.67 0.32 b) Dividends declared during the Half - year ended March 31, 2012: Rural Electrification Corp Ltd CRISIL AAA 310 3,051.90 9.33 Wipro Ltd Software 7,339 32.22 0.29 Power Finance Corp Ltd CRISIL AAA 300 2,986.19 9.13 Hindalco Industries Ltd Non - Ferrous Metals 20,668 26.75 0.24 Dividend per unit Export-Import Bank Of India CRISIL AAA 250 2,487.03 7.60 Pidilite Industries Ltd Chemicals 14,760 26.21 0.24 Plan Name Corp Ltd CRISIL AAA 250 2,455.83 7.51 India Cements Ltd Cement 22,650 25.21 0.23 State Bank Of India Banks 1,180 24.72 0.23 Individuals/HUF Others NABARD CRISIL AAA 240 2,390.96 7.31 Dabur India Ltd Consumer Non Durables 23,000 24.47 0.22 Power Grid Corp Of India CRISIL AAA 50 497.06 1.52 Idea Cellular Ltd Telecom - Services 23,850 23.58 0.21 Dividend Option 0.2643 0.2265 Indian Oil Corp Ltd CRISIL AAA 20 197.57 0.60 Steel Authority Of India Ltd Ferrous Metals 24,200 22.76 0.21 Ultra Tech Cement Ltd CRISIL AAA 1 98.98 0.30 Asian Paints Ltd Consumer Non Durables 700 22.66 0.21 c) Average Maturity as on March 31, 2012 0.50 Years Dr Reddy'S Laboratories Ltd ICRA AA+ 24,402 1.21 0.00* Axis Bank Ltd Banks 1,900 21.77 0.20 Total 21,573.89 65.94 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XII - PLAN C Crompton Greaves Limited Industrial Capital Goods 15,500 21.41 0.20 Money Market Instruments Voltas Limited Construction Project 19,000 21.29 0.19 Company Name Industry Classification Quantity Market Value % to Net Certificate of Deposit Tata Steel Ltd Ferrous Metals 4,500 21.17 0.19 (` in Lakhs) Assets Oriental Bank Of Commerce CRISIL A1+ 2,500 2,333.72 7.13 ICRA Ltd Finance 1,826 20.46 0.19 Total 2,333.72 7.13 Bank Of Baroda Banks 2,500 19.84 0.18 Equity & Equity Related NTPC Ltd Power 12,000 19.52 0.18 (a) Listed/Awaiting listing on Stock Exchanges Totals 29,971.49 91.64 Orient Paper & Industries Ltd Cement 30,000 17.76 0.16 Infosys Ltd Software 24,593 704.58 2.46 Jagran Prakashan Ltd Media & Entertainment 17,429 17.53 0.16 ICICI Bank Ltd Banks 61,657 547.05 1.91 Call, Cash & Other Assets 2,740.33 8.36 Indian Oil Corp Ltd Petroleum Products 6,300 16.54 0.15 Cummins India Ltd Industrial Products 90,000 447.17 1.56 NHPC Ltd Power 79,000 15.52 0.14

Bharti Airtel Ltd Telecom - Services 130,769 440.36 1.54 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 600 13.74 0.13 Net Assets 32,711.82 100.00 HDFC Bank Ltd Banks 81,500 423.84 1.48 TV18 Brodcast Ltd Media & Entertainment 41,848 11.57 0.11 Grasim Industries Ltd Cement 14,200 373.37 1.30 Gujarat Pipavav Port Ltd Transportation 18,000 10.58 0.10 Kotak Mahindra Bank Ltd Banks 64,248 348.51 1.22 *Less than 0.01% Gujarat Mineral Dev Corp Ltd Minerals/Mining 5,800 10.57 0.10 Reliance Industries Ltd Petroleum Products 46,200 345.69 1.21 Note: JK Lakshmi Cement Limited Cement 16,000 10.44 0.10 Indusind Bank Ltd Banks 97,481 312.72 1.09 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 TVS Motor Company Limited Auto 18,000 7.39 0.07 Marico Ltd Consumer Non Durables 162,000 282.69 0.99 Total 1,968.54 17.95 Mahindra & Mahindra Ltd Auto 35,523 247.56 0.86 NAV as on 30-Sep-2011 ` Power Grid Corp Of India Power 199,348 215.10 0.75 Dividend Option ( ) 10.3903 Growth Option (`) 10.5962 Debt Instruments Rating Eicher Motors Ltd Auto 10,667 211.55 0.74 (a) Listed / awaiting listing on Stock Exchanges Oil & Natural Gas Corp Ltd Oil 76,000 203.15 0.71 NAV as on 31-Mar-2012 Non - Traded / Thinly Traded Scrips Coal India Ltd Minerals/Mining 50,814 174.34 0.61 Dividend Option (`)# 10.2930 Housing Development Finance Corp CRISIL AAA 150 1,665.88 15.17 ` IPCA Laboratories Ltd Pharmaceuticals 50,000 167.50 0.59 Growth Option ( )# 11.0111 Power Grid Corp Of India CRISIL AAA 120 1,480.69 13.49 Cadila Healthcare Pharmaceuticals 19,200 145.94 0.51 Power Finance Corp Ltd CRISIL AAA 140 1,421.29 12.95 Dr Reddy'S Laboratories Ltd Pharmaceuticals 7,860 138.23 0.48 b) Dividends declared during the Half - year ended March 31, 2012: Rural Electrification Corp Ltd CRISIL AAA 140 1,420.27 12.94 Oracle Financial Services Software Ltd Software 4,821 126.32 0.44 National Housing Bank CRISIL AAA 130 1,275.00 11.61 Wipro Ltd Software 28,516 125.19 0.44 Dividend per unit LIC Housing Finance Ltd CRISIL AAA 85 830.04 7.56 Hindalco Industries Ltd Non - Ferrous Metals 79,070 102.36 0.36 Plan Name Export-Import Bank Of India CRISIL AAA 2 20.23 0.18 Pidilite Industries Ltd Chemicals 57,274 101.69 0.36 Individuals/HUF Others India Cements Ltd Cement 88,411 98.40 0.34 Dr Reddy'S Laboratories Ltd ICRA AA+ 8,100 0.40 0.00* Dabur India Ltd Consumer Non Durables 88,000 93.63 0.33 Dividend Option 0.4405 0.3775 Total 8,113.80 73.90 State Bank Of India Banks 4,421 92.62 0.32 Idea Cellular Ltd Telecom - Services 90,136 89.10 0.31 c) Average Maturity as on March 31, 2012 0.73 Years Totals 10,082.34 91.85 Axis Bank Ltd Banks 7,700 88.23 0.31 Asian Paints Ltd Consumer Non Durables 2,700 87.42 0.31 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIV - PLAN A Call, Cash & Other Assets 896.94 8.15 Steel Authority Of India Ltd Ferrous Metals 92,848 87.32 0.30 Company Name Industry Classification Quantity Market Value % to Net Crompton Greaves Limited Industrial Capital Goods 60,006 82.90 0.29 (` in Lakhs) Assets Net Assets 10,979.28 100.00 Voltas Limited Construction Project 73,800 82.69 0.29 Tata Steel Ltd Ferrous Metals 17,400 81.85 0.29 *Less than 0.01% Equity & Equity Related Note: ICRA Ltd Finance 7,130 79.91 0.28 (a) Listed/Awaiting listing on Stock Exchanges Orient Paper & Industries Ltd Cement 131,843 78.05 0.27 Infosys Ltd Software 3,954 113.28 1.63 a) a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Bank Of Baroda Banks 9,700 76.98 0.27 ICICI Bank Ltd Banks 10,180 90.32 1.30 NAV as on 30-Sep-2011 NTPC Ltd Power 46,000 74.84 0.26 Cummins India Ltd Industrial Products 15,100 75.02 1.08 Dividend Option (`) 10.1942 Jagran Prakashan Ltd Media & Entertainment 67,585 67.99 0.24 Bharti Airtel Ltd Telecom - Services 21,683 73.02 1.05 Growth Option (`) 10.1942 Indian Oil Corp Ltd Petroleum Products 24,000 63.02 0.22 HDFC Bank Ltd Banks 13,500 70.21 1.01 NAV as on 31-Mar-2012 NHPC Ltd Power 310,000 60.92 0.21 Kotak Mahindra Bank Ltd Banks 10,584 57.41 0.83 Dividend Option (`)# 10.2160 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 2,100 48.11 0.17 Reliance Industries Ltd Petroleum Products 7,600 56.87 0.82 Growth Option (`)# 10.6189 TV18 Brodcast Ltd Media & Entertainment 162,642 44.97 0.16 Indusind Bank Ltd Banks 15,778 50.62 0.73 Gujarat Pipavav Port Ltd Transportation 74,000 43.51 0.15 Grasim Industries Ltd Cement 1,800 47.33 0.68 b) Dividends declared during the Half - year ended March 31, 2012: JK Lakshmi Cement Limited Cement 65,000 42.38 0.15 Marico Ltd Consumer Non Durables 26,500 46.24 0.67 Gujarat Mineral Dev Corp Ltd Minerals/Mining 22,000 40.07 0.14 Power Grid Corp Of India Power 41,800 45.10 0.65 Dividend per unit TVS Motor Company Limited Auto 70,000 28.71 0.10 Mahindra & Mahindra Ltd Auto 5,776 40.25 0.58 Plan Name Total 7,818.53 27.32 Eicher Motors Ltd Auto 1,757 34.85 0.50 Individuals/HUF Others Oil & Natural Gas Corp Ltd Oil 13,000 34.75 0.50 Debt Instruments Rating Coal India Ltd Minerals/Mining 8,308 28.50 0.41 Dividend Option 0.3524 0.3020 (a) Listed / awaiting listing on Stock Exchanges IPCA Laboratories Ltd Pharmaceuticals 8,300 27.81 0.40 Non - Traded / Thinly Traded Scrips Cadila Healthcare Pharmaceuticals 3,100 23.56 0.34 c) Average Maturity as on March 31, 2012 1.47 Years ONGC Videsh Ltd CRISIL AAA 350 3,401.14 11.88 Dr Reddy'S Laboratories Ltd Pharmaceuticals 1,257 22.11 0.32 Rural Electrification Corp Ltd CRISIL AAA 350 3,395.28 11.86 Oracle Financial Services Software Ltd Software 792 20.75 0.30 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XV Tata Motors Ltd CRISIL AAA(SO) 260 3,033.51 10.60 Wipro Ltd Software 4,651 20.42 0.29 Pidilite Industries Ltd Chemicals 9,394 16.68 0.24 Company Name Industry Classification Quantity Market Value % to Net Power Grid Corp Of India CRISIL AAA 240 2,971.20 10.38 (` in Lakhs) Assets Power Finance Corp Ltd CRISIL AAA 280 2,749.94 9.61 Hindalco Industries Ltd Non - Ferrous Metals 12,830 16.61 0.24 India Cements Ltd Cement 14,404 16.03 0.23 Housing Development Finance Corp CRISIL AAA 250 2,413.69 8.43 Equity & Equity Related Indian Railway Finance Corp CRISIL AAA 50 481.73 1.68 State Bank Of India Banks 738 15.46 0.22 Idea Cellular Ltd Telecom - Services 15,292 15.12 0.22 (a) Listed/Awaiting listing on Stock Exchanges Dr Reddy'S Laboratories Ltd ICRA AA+ 31,560 1.57 0.01 Dabur India Ltd Consumer Non Durables 14,000 14.90 0.21 Infosys Ltd Software 5,183 148.49 1.63 Total 18,448.06 64.45 Steel Authority Of India Ltd Ferrous Metals 15,324 14.41 0.21 ICICI Bank Ltd Banks 13,200 117.12 1.28 Axis Bank Ltd Banks 1,200 13.75 0.20 Cummins India Ltd Industrial Products 19,880 98.77 1.08 Totals 26,266.59 91.77 Crompton Greaves Limited Industrial Capital Goods 9,850 13.61 0.20 Bharti Airtel Ltd Telecom - Services 28,192 94.94 1.04 Voltas Limited Construction Project 12,000 13.45 0.19 HDFC Bank Ltd Banks 17,400 90.49 0.99 Call, Cash & Other Assets 2,363.52 8.23 Tata Steel Ltd Ferrous Metals 2,800 13.17 0.19 Grasim Industries Ltd Cement 3,000 78.88 0.87 Asian Paints Ltd Consumer Non Durables 400 12.95 0.19 Kotak Mahindra Bank Ltd Banks 13,753 74.60 0.82 Net Assets 28,630.11 100.00 ICRA Ltd Finance 1,131 12.68 0.18 Reliance Industries Ltd Petroleum Products 9,900 74.08 0.81 NTPC Ltd Power 7,500 12.20 0.18 Note: Bank Of Baroda Banks 1,500 11.90 0.17 Indusind Bank Ltd Banks 20,700 66.41 0.73 Marico Ltd Consumer Non Durables 34,600 60.38 0.66 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Orient Paper & Industries Ltd Cement 20,000 11.84 0.17 Jagran Prakashan Ltd Media & Entertainment 11,090 11.16 0.16 Mahindra & Mahindra Ltd Auto 7,550 52.62 0.58 NAV as on 30-Sep-2011 Indian Oil Corp Ltd Petroleum Products 4,000 10.50 0.15 Eicher Motors Ltd Auto 2,400 47.60 0.52 ` Dividend Option ( ) 10.2721 NHPC Ltd Power 50,000 9.83 0.14 Power Grid Corp Of India Power 42,944 46.34 0.51 ` Growth Option ( ) 10.3715 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 350 8.02 0.12 Oil & Natural Gas Corp Ltd Oil 17,280 46.19 0.51 NAV as on 31-Mar-2012 TV18 Brodcast Ltd Media & Entertainment 26,644 7.37 0.11 Coal India Ltd Minerals/Mining 10,939 37.53 0.41 Dividend Option (`)# 10.7235 Gujarat Pipavav Port Ltd Transportation 12,000 7.06 0.10 IPCA Laboratories Ltd Pharmaceuticals 10,800 36.18 0.40 ` Growth Option ( )# 10.8273 Gujarat Mineral Dev Corp Ltd Minerals/Mining 3,700 6.73 0.10 Cadila Healthcare Pharmaceuticals 4,100 31.16 0.34 JK Lakshmi Cement Limited Cement 10,000 6.51 0.09 Dr Reddy'S Laboratories Ltd Pharmaceuticals 1,675 29.46 0.32 b) Dividends declared during the Half - year ended March 31, 2012: NIL TVS Motor Company Limited Auto 11,000 4.51 0.06 Wipro Ltd Software 6,597 28.96 0.32 c) Average Maturity as on March 31, 2012 2.55 Years Total 1,274.87 18.36 Oracle Financial Services Software Ltd Software 1,092 28.61 0.31 Pidilite Industries Ltd Chemicals 12,266 21.78 0.24 Debt Instruments Rating FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XIII - PLAN A Hindalco Industries Ltd Non - Ferrous Metals 16,812 21.76 0.24 (a) Listed / awaiting listing on Stock Exchanges India Cements Ltd Cement 18,873 21.01 0.23 Company Name Industry Classification Quantity Market Value % to Net Non - Traded / Thinly Traded Scrips (` in Lakhs) Assets Rural Electrification Corp Ltd CRISIL AAA 100 983.96 14.17 Dabur India Ltd Consumer Non Durables 19,000 20.22 0.22 National Housing Bank CRISIL AAA 100 974.02 14.03 State Bank Of India Banks 944 19.78 0.22 Equity & Equity Related LIC Housing Finance Ltd CRISIL AAA 95 931.31 13.41 Idea Cellular Ltd Telecom - Services 19,800 19.57 0.21 (a) Listed/Awaiting listing on Stock Exchanges Power Finance Corp Ltd CRISIL AAA 90 909.26 13.09 Steel Authority Of India Ltd Ferrous Metals 20,200 19.00 0.21 Infosys Ltd Software 18,792 538.38 1.65 Housing Development Finance Corp CRISIL AAA 90 896.04 12.90 Axis Bank Ltd Banks 1,600 18.33 0.20 ICICI Bank Ltd Banks 47,692 423.15 1.29 Dr Reddy'S Laboratories Ltd ICRA AA+ 5,142 0.26 0.00* Asian Paints Ltd Consumer Non Durables 550 17.81 0.20 Cummins India Ltd Industrial Products 71,000 352.76 1.08 Total 4,694.85 67.60 Orient Paper & Industries Ltd Cement 30,023 17.77 0.19 Bharti Airtel Ltd Telecom - Services 102,075 343.74 1.05 Crompton Greaves Limited Industrial Capital Goods 12,850 17.75 0.19 HDFC Bank Ltd Banks 62,775 326.46 1.00 Totals 5,969.72 85.96 Voltas Limited Construction Project 15,600 17.48 0.19 Grasim Industries Ltd Cement 10,900 286.60 0.88 Tata Steel Ltd Ferrous Metals 3,700 17.40 0.19 Kotak Mahindra Bank Ltd Banks 49,883 270.59 0.83 Call, Cash & Other Assets 974.46 14.04 ICRA Ltd Finance 1,478 16.56 0.18 Reliance Industries Ltd Petroleum Products 35,600 266.38 0.81 Indusind Bank Ltd Banks 75,273 241.48 0.74 Net Assets 6,944.18 100.00 NTPC Ltd Power 10,079 16.40 0.18 Marico Ltd Consumer Non Durables 125,000 218.13 0.67 Bank Of Baroda Banks 2,000 15.87 0.17 *Less than 0.01% Jagran Prakashan Ltd Media & Entertainment 14,486 14.57 0.16 Mahindra & Mahindra Ltd Auto 27,515 191.75 0.59 Note: Power Grid Corp Of India Power 157,037 169.44 0.52 Indian Oil Corp Ltd Petroleum Products 5,200 13.66 0.15 Oil & Natural Gas Corp Ltd Oil 62,000 165.73 0.51 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 NHPC Ltd Power 65,000 12.77 0.14 Eicher Motors Ltd Auto 8,313 164.87 0.50 NAV as on 30-Sep-2011 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 500 11.45 0.13 Coal India Ltd Minerals/Mining 39,600 135.87 0.42 Dividend Option (`) 10.2486 TV18 Broadcast Ltd Media & Entertainment 34,783 9.62 0.11 IPCA Laboratories Ltd Pharmaceuticals 39,000 130.65 0.40 Growth Option (`) 10.2486 Gujarat Pipavav Port Ltd Transportation 16,000 9.41 0.10 Cadila Healthcare Pharmaceuticals 14,900 113.25 0.35 NAV as on 31-Mar-2012 Gujarat Mineral Dev Corp Ltd Minerals/Mining 4,800 8.74 0.10 Dr Reddy'S Laboratories Ltd Pharmaceuticals 6,067 106.70 0.33 ` JK Lakshmi Cement Limited Cement 13,000 8.47 0.09 Oracle Financial Services Software Ltd Software 3,713 97.29 0.30 Dividend Option ( )# 10.1981 ` TVS Motor Company Limited Auto 15,000 6.15 0.07 Wipro Ltd Software 21,907 96.17 0.29 Growth Option ( )# 10.6514 Total 1,682.14 18.44 Hindalco Industries Ltd Non - Ferrous Metals 61,026 79.00 0.24 b) Dividends declared during the Half - year ended March 31, 2012: UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XV (CONTD.) TEMPLETON INDIA PENSION PLAN (CONTD.) TEMPLETON INDIA INCOME BUILDER ACCOUNT (CONTD.) Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets Dividend per unit / Bonus Ratio per 1000 units Plan Name Debt Instruments Rating Hindalco Industries Ltd Non - Ferrous Metals 81,687 105.74 0.48 Individuals/HUF Others (a) Listed / awaiting listing on Stock Exchanges Pidilite Industries Ltd Chemicals 58,958 104.68 0.47 Quarterly Dividend Plan 0.3524 0.3020 Non - Traded / Thinly Traded Scrips India Cements Ltd Cement 90,474 100.70 0.45 Rural Electrification Corp Ltd CRISIL AAA 120 1,211.81 13.29 Half Yearly Dividend Plan 0.3083 0.2643 Dabur India Ltd Consumer Non Durables 91,000 96.82 0.44 Indian Railway Finance Corp CRISIL AAA 120 1,186.25 13.01 Power Finance Corp Ltd CRISIL AAA 100 1,023.59 11.23 State Bank Of India Banks 4,558 95.49 0.43 Bonus Plan 25 Housing Development Finance Corp CRISIL AAA 100 996.86 10.94 Crompton Greaves Limited Industrial Capital Goods 68,091 94.07 0.42 LIC Housing Finance Ltd CRISIL AAA 100 993.71 10.90 Axis Bank Ltd Banks 8,000 91.67 0.41 c) Average Maturity as on March 31, 2012: 2.82 Years Bharat Petroleum Corporation Ltd CRISIL AAA 50 492.60 5.40 Idea Cellular Ltd Telecom - Services 92,661 91.60 0.41 National Housing Bank CRISIL AAA 20 196.14 2.15 Asian Paints Ltd Consumer Non Durables 2,800 90.66 0.41 TEMPLETON INDIA TREASURY MANAGEMENT ACCOUNT Dr Reddy'S Laboratories Ltd ICRA AA+ 6,750 0.34 0.00* Steel Authority Of India Ltd Ferrous Metals 95,935 90.23 0.41 Total 6,101.30 66.92 Company Name Rating Quantity Market Value % to Net Voltas Limited Construction Project 76,000 85.16 0.38 (` in Lakhs) Assets Tata Steel Ltd Ferrous Metals 18,000 84.67 0.38 Totals 7,783.44 85.36 Orient Paper & Industries Ltd Cement 140,929 83.43 0.38 Money Market Instruments Call, Cash & Other Assets 1,331.49 14.64 Bank Of Baroda Banks 10,000 79.37 0.36 Commercial Paper ICRA Ltd Finance 6,956 77.96 0.35 Reliance Capital Limited ICRA A1+ 6,000 29,799.26 13.73 Edelweiss Financial Services Ltd CRISIL A1+ 6,000 29,224.86 13.47 Net Assets 9,114.93 100.00 NTPC Ltd Power 47,396 77.11 0.35 JM Financial Institutional Securities Pvt Ltd CRISIL A1+ 2,000 9,828.34 4.53 Jagran Prakashan Ltd Media & Entertainment 69,551 69.97 0.32 Investsmart Financial Services Ltd FITCH A1+ 1,500 7,447.44 3.43 *Less than 0.01% Indian Oil Corp Ltd Petroleum Products 25,000 65.65 0.30 Morgan Stanley India Capital Pvt Ltd FITCH A1+ 1,000 4,977.50 2.29 Note: NHPC Ltd Power 312,000 61.31 0.28 JM Financial Services Private Ltd CRISIL A1+ 1,000 4,914.17 2.26 a) a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 2,200 50.40 0.23 JM Financial Products Pvt Ltd CRISIL A1+ 500 2,460.46 1.13 NAV as on 30-Sep-2011 Gujarat Pipavav Port Ltd Transportation 76,000 44.69 0.20 Total 88,652.03 40.84 Dividend Option (`) 10.3229 JK Lakshmi Cement Limited Cement 67,000 43.68 0.20 ` Growth Option ( ) 10.3229 Gujarat Mineral Dev Corp Ltd Minerals/Mining 23,000 41.88 0.19 Certificate of Deposit Vijaya Bank Ltd CARE A1+ 31,500 31,072.79 14.32 NAV as on 31-Mar-2012 TV18 Broadcast Ltd Media & Entertainment 120,864 33.41 0.15 UCO Bank Ltd CRISIL A1+ 30,000 29,376.06 13.54 Dividend Option (`)# 10.3035 TVS Motor Company Limited Auto 72,000 29.52 0.13 Ltd ICRA A1+ 20,000 19,988.86 9.21 Growth Option (`)# 10.7572 Total 8,190.19 36.93 IDBI Bank Ltd CRISIL A1+ 15,000 14,853.98 6.85 b) Dividends declared during the Half - year ended March 31, 2012: CARE A1+ 15,000 14,705.08 6.78 Debt Instruments Rating CRISIL A1+ 12,500 12,335.33 5.68 (a) Listed / awaiting listing on Stock Exchanges Dividend per unit Allahabad Bank ICRA A1+ 10,000 9,787.06 4.51 Plan Name Non - Traded / Thinly Traded Scrips Ltd CRISIL A1+ 10,000 9,779.28 4.51 Individuals/HUF Others Co Ltd CARE AA 300 3,142.65 14.17 Bank Of India CRISIL A1+ 10,000 9,774.45 4.50 Rural Electrification Corp Ltd CRISIL AAA 30 298.03 1.34 Bank Of Baroda CRISIL A1+ 10,000 9,764.62 4.50 State Bank Of Patiala ICRA A1+ 10,000 9,754.84 4.50 Dividend Option 0.3964 0.3398 Power Grid Corp Of India CRISIL AAA 34 137.64 0.62 Punjab & Sindh Bank Ltd ICRA A1+ 7,500 7,321.27 3.37 Export-Import Bank Of India CRISIL AAA 10 101.13 0.46 c) Average Maturity as on March 31, 2012 1.53 Years State Bank Of Bikaner And Jaipur CRISIL A1+ 5,000 4,899.32 2.26 NABARD CRISIL AAA 10 99.94 0.45 Corporation Bank Ltd CRISIL A1+ 2,000 1,960.36 0.90 Housing Development Finance Corp CRISIL AAA 10 97.99 0.44 Total 185,373.30 85.43 FRANKLIN TEMPLETON FIXED TENURE FUND - SERIES XVI Dr Reddy'S Laboratories Ltd ICRA AA+ 32,208 1.60 0.01 Totals 274,025.33 126.27 Company Name Industry Classification Quantity Market Value % to Net Total 3,878.98 17.49

(` in Lakhs) Assets b) Privately Placed / Unlisted Call, Cash & Other Assets (57,038.44) (26.27)

Equity & Equity Related Mahindra Vehicle Manufactures Ltd ICRA AA 250 2,498.77 11.27 Net Assets 216,986.89 100.00 (a) Listed/Awaiting listing on Stock Exchanges Total 2,498.77 11.27 Infosys Ltd Software 4,000 114.60 1.66 Note: ICICI Bank Ltd Banks 10,000 88.73 1.29 Money Market Instruments a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 HDFC Bank Ltd Banks 13,000 67.61 0.98 Certificate of Deposit NAV as on 30-Sep-2011 Bharti Airtel Ltd Telecom - Services 20,000 67.35 0.98 Ltd CARE A1+ 3,500 3,258.11 14.69 Regular Plan - Growth Option (Rs)# 2504.1182 State Bank Of Hyderabad ICRA A1+ 2,000 1,858.33 8.38 Indusind Bank Ltd Banks 15,500 49.72 0.72 Regular Plan - Weekly Dividend Option (Rs)# 1245.8491 Canara Bank Ltd CRISIL A1+ 1,000 930.71 4.20 Power Grid Corp Of India Power 40,000 43.16 0.63 Regular Plan - Daily Dividend Reinvestment Option (Rs)# 1512.7788 Mahindra & Mahindra Ltd Auto 5,600 39.03 0.57 State Bank Of Patiala ICRA A1+ 1,000 929.75 4.19 Institutional Plan - Growth Option (Rs)# 1593.4768 Oil & Natural Gas Corp Ltd Oil 13,000 34.75 0.50 Allahabad Bank ICRA A1+ 500 490.76 2.21 Institutional Plan - Weekly Dividend Option (Rs)# 1056.0476 Eicher Motors Ltd Auto 1,500 29.75 0.43 Total 7,467.66 33.67 Institutional Plan - Daily Dividend Reinvestment Option (Rs)# 1000.9701 Super Institutional Plan - Growth Option (Rs)# 1522.7361 Kotak Mahindra Bank Ltd Banks 5,000 27.12 0.39 Totals 22,035.60 99.36 Super Institutional Plan - Weekly Dividend Option (Rs)# 1022.4670 IPCA Laboratories Ltd Pharmaceuticals 8,000 26.80 0.39 Super Institutional Plan - Daily Dividend Reinvestment Option (Rs)# 1000.9811 Cadila Healthcare Pharmaceuticals 3,000 22.80 0.33 Call, Cash & Other Assets 136.56 0.64 Dr Reddy'S Laboratories Ltd Pharmaceuticals 1,250 21.98 0.32 NAV as on 31-Mar-2012 Oracle Financial Services Software Ltd Software 692 18.13 0.26 Net Assets 22,172.16 100.00 Regular Plan - Growth Option (Rs)# 2617.0004 Pidilite Industries Ltd Chemicals 9,000 15.98 0.23 Regular Plan - Weekly Dividend Option (Rs)# 1246.6375 Idea Cellular Ltd Telecom - Services 15,000 14.83 0.21 Regular Plan - Daily Dividend Reinvestment Option (Rs)# 1512.7747 Note: Institutional Plan - Growth Option (Rs)# 1667.3967 State Bank Of India Banks 700 14.67 0.21 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Institutional Plan - Weekly Dividend Option (Rs)# 1056.7233 Axis Bank Ltd Banks 1,200 13.75 0.20 Institutional Plan - Daily Dividend Reinvestment Option (Rs)# 1000.9674 Coal India Ltd Minerals/Mining 4,000 13.72 0.20 NAV as on 30-Sep-2011 Super Institutional Plan - Growth Option (Rs)# 1596.5716 Super Institutional Plan - Weekly Dividend Option (Rs)# 1023.1323 Voltas Limited Construction Project 11,800 13.22 0.19 Dividend Plan (`) 14.4973 Super Institutional Plan - Daily Dividend Reinvestment Option (Rs)# 1000.9784 Crompton Greaves Limited Industrial Capital Goods 9,400 12.99 0.19 Growth Plan (`) 58.6860 Asian Paints Ltd Consumer Non Durables 400 12.95 0.19 b) Aggregate Dividends declared during the Half-Year ended March 31, 2002: Dabur India Ltd Consumer Non Durables 12,000 12.77 0.18 NAV as on 31-Mar-2012 ICRA Ltd Finance 1,131 12.68 0.18 Dividend Plan (`) 13.6341 Dividend per unit Marico Ltd Consumer Non Durables 7,000 12.22 0.18 Growth Plan (`) 61.2607 Plan Name Bank Of Baroda Banks 1,500 11.90 0.17 Individuals/HUF Others Indian Oil Corp Ltd Petroleum Products 4,500 11.82 0.17 b) Dividends declared during the Half - year ended March 31, 2012: Regular Plan - Weekly Dividend Option 42.6038 40.8643 Hindalco Industries Ltd Non - Ferrous Metals 9,000 11.65 0.17 Regular Plan - Daily Dividend Reinvestment Option 52.5024 50.3589 Jagran Prakashan Ltd Media & Entertainment 10,000 10.06 0.15 Dividend per unit Plan Name Institutional Plan - Weekly Dividend Option 37.1484 35.6317 NTPC Ltd Power 5,000 8.14 0.12 Individuals/HUF Others Gujarat Pipavav Port Ltd Transportation 12,000 7.06 0.10 Institutional Plan - Daily Dividend Reinvestment Option 35.7267 34.2681

Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 300 6.86 0.10 Dividend Plan 1.2500 1.0714 Super Institutional Plan - Weekly Dividend Option 37.5706 36.0367

JK Lakshmi Cement Limited Cement 10,000 6.51 0.09 Super Institutional Plan - Daily Dividend Reinvestment Option 37.3062 35.7831 Gujarat Mineral Dev Corp Ltd Minerals/Mining 3,000 5.46 0.08 c) Average Maturity as on March 31, 2012 3.44 Years Total 880.77 12.76 c) Average Maturity as on March 31, 2012 0.19 Years TEMPLETON INDIA INCOME BUILDER ACCOUNT Debt Instruments Rating FT INDIA BALANCED FUND Company Name Rating Quantity Market Value % to Net (a) Listed / awaiting listing on Stock Exchanges Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets Non - Traded / Thinly Traded Scrips (` in Lakhs) Assets National Housing Bank CRISIL AAA 100 998.02 14.45 Debt Instruments Equity & Equity Related Power Finance Corp Ltd CRISIL AAA 100 997.41 14.44 (a) Listed / awaiting listing on Stock Exchanges (a) Listed/Awaiting listing on Stock Exchanges NABARD CRISIL AAA 100 997.10 14.44 Non - Traded / Thinly Traded Scrips Infosys Ltd Software 46,528 1,333.00 6.02 LIC Housing Finance Ltd CRISIL AAA 100 994.54 14.40 Cholamandalam Investment And Finance Co Ltd FITCH AA- 100 1,039.01 10.91 Cummins India Ltd Industrial Products 232,113 1,153.25 5.21 Total 3,987.07 57.73 Magma Fincorp Ltd CARE AA+ 100 1,008.51 10.59 ICICI Bank Ltd Banks 111,750 991.50 4.48

ECL Finance Ltd CRISIL AA- 100 998.24 10.48 HDFC Bank Ltd Banks 169,045 879.12 3.97 Totals 4,867.84 70.49 TATA POWER Co Ltd CARE AA 50 523.77 5.50 Grasim Industries Ltd Cement 33,189 872.65 3.94

Tube Investments Of India Limited CRISIL AA 5 490.77 5.15 Bharti Airtel Ltd Telecom - Services 239,004 804.85 3.63 Call, Cash & Other Assets 2,037.14 29.51 Power Grid Corp Of India CRISIL AAA 10 40.48 0.42 Kotak Mahindra Bank Ltd Banks 123,934 672.28 3.04

Total 4,100.78 43.05 Reliance Industries Ltd Petroleum Products 85,799 641.99 2.90 Net Assets 6,904.98 100.00 Indusind Bank Ltd Banks 177,171 568.36 2.57 b) Privately Placed / Unlisted Marico Ltd Consumer Non Durables 300,169 523.79 2.37 Note: Fullerton India Credit Co Ltd ICRA AA+ 100 1,018.65 10.69 Mahindra & Mahindra Ltd Auto 65,584 457.05 2.06 a) NAV at the end of the Half-year ended March 31, 2012 Reliance Capital Limited CARE AAA 100 1,008.86 10.59 Power Grid Corp Of India Power 416,803 449.73 2.03 Mahindra Vehicle Manufactures Ltd ICRA AA 100 999.51 10.49 Oil & Natural Gas Corp Ltd Oil 160,824 429.88 1.94 NAV as on 30-Sep-2011 Total 3,027.02 31.77 Eicher Motors Ltd Auto 19,058 377.97 1.71 Dividend Plan (`) 10.3229 Coal India Ltd Minerals/Mining 96,148 329.88 1.49 Growth Plan (`) 10.3229 (c) Securitised Debt Instruments Wipro Ltd Software 63,120 277.10 1.25 ILSS 5 TRUST 2011 Cholamandalam DBS Cadila Healthcare Pharmaceuticals 34,000 258.43 1.17 NAV as on 31-Mar-2012 Dr Reddy'S Laboratories Ltd Pharmaceuticals 14,493 254.88 1.15 ` Finance LAP PO ICRA AAA(SO) 10 386.15 4.05 Dividend Plan ( )# 10.1040 IPCA Laboratories Ltd Pharmaceuticals 70,195 235.15 1.06 ` Total 386.15 4.05 Growth Plan ( )# 10.1040 Oracle Financial Services Software Ltd Software 8,918 233.67 1.06

India Cements Ltd Cement 196,830 219.07 0.99 Money Market Instruments b) Dividends declared during the Half - year ended March 31, 2012: NIL Pidilite Industries Ltd Chemicals 119,318 211.85 0.96 Certificate of Deposit Orient Paper & Industries Ltd Cement 336,478 199.19 0.90 Allahabad Bank ICRA A1+ 1,000 981.50 10.30 c) Average Maturity as on March 31, 2012 2.79 Years Hindalco Industries Ltd Non - Ferrous Metals 145,860 188.82 0.85 State Bank Of Mysore ICRA A1+ 500 470.40 4.94 Steel Authority Of India Ltd Ferrous Metals 185,642 174.60 0.79 Total 1,451.90 15.24 TEMPLETON INDIA PENSION PLAN Dabur India Ltd Consumer Non Durables 160,000 170.24 0.77 State Bank Of India Banks 7,966 166.89 0.75 Company Name Industry Classification Quantity Market Value % to Net Totals 8,965.85 94.11 Idea Cellular Ltd Telecom - Services 162,904 161.03 0.73 (` in Lakhs) Assets Asian Paints Ltd Consumer Non Durables 4,900 158.65 0.72 Call, Cash & Other Assets 561.51 5.89 Tata Steel Ltd Ferrous Metals 32,800 154.29 0.70 Equity & Equity Related Crompton Greaves Limited Industrial Capital Goods 111,664 154.26 0.70 (a) Listed/Awaiting listing on Stock Exchanges Net Assets 9,527.36 100.00 Voltas Limited Construction Project 133,000 149.03 0.67 Infosys Ltd Software 29,840 854.90 3.86 Axis Bank Ltd Banks 13,000 148.97 0.67 ICICI Bank Ltd Banks 63,605 564.34 2.55 Note: ICRA Ltd Finance 13,042 146.16 0.66 Bharti Airtel Ltd Telecom - Services 137,047 461.51 2.08 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Jagran Prakashan Ltd Media & Entertainment 141,619 142.47 0.64 Cummins India Ltd Industrial Products 89,889 446.61 2.01 NTPC Ltd Power 84,918 138.16 0.62 HDFC Bank Ltd Banks 82,425 428.65 1.93 NAV as on 30-Sep-2011 Bank Of Baroda Banks 17,000 134.92 0.61 Grasim Industries Ltd Cement 13,784 362.43 1.63 Annual Dividend Plan (`)# 11.9671 Indian Oil Corp Ltd Petroleum Products 49,000 128.67 0.58 Kotak Mahindra Bank Ltd Banks 66,333 359.82 1.62 Quarterly Dividend Plan (`)# 12.3084 NHPC Ltd Power 555,000 109.06 0.49 Reliance Industries Ltd Petroleum Products 47,780 357.51 1.61 Monthly Dividend Plan (`)# 12.7405 TV18 Broadcast Ltd Media & Entertainment 326,615 90.31 0.41 Indusind Bank Ltd Banks 99,849 320.32 1.44 Half-Yearly Dividend Plan (`)# 12.2040 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 3,800 87.05 0.39 Marico Ltd Consumer Non Durables 168,048 293.24 1.32 Bonus Plan (`)# 15.8877 JK Lakshmi Cement Limited Cement 118,000 76.94 0.35 Mahindra & Mahindra Ltd Auto 36,726 255.94 1.15 Growth Plan (`)# 33.7649 Gujarat Pipavav Port Ltd Transportation 130,000 76.44 0.35 Power Grid Corp Of India Power 222,712 240.31 1.08 Gujarat Mineral Dev Corp Ltd Minerals/Mining 40,000 72.87 0.33 NAV as on 31-Mar-2012 Oil & Natural Gas Corp Ltd Oil 84,308 225.36 1.02 TVS Motor Company Limited Auto 136,000 55.77 0.25 Annual Dividend Plan (`)# 12.6067 Eicher Motors Ltd Auto 10,940 216.97 0.98 Globsyn Infotech Ltd Software 46,956 1.72 0.01 Quarterly Dividend Plan (`)# 12.5503 Coal India Ltd Minerals/Mining 55,721 191.18 0.86 Total 15,261.96 68.94 Monthly Dividend Plan (`)# 13.4214 IPCA Laboratories Ltd Pharmaceuticals 51,617 172.92 0.78 Half-Yearly Dividend Plan (`)# 12.4870 (b) Unlisted** Cadila Healthcare Pharmaceuticals 19,800 150.50 0.68 Bonus Plan (`)# 16.3129 Numero Uno International Ltd 27,500 0.00 0.00* Dr Reddy'S Laboratories Ltd Pharmaceuticals 8,068 141.89 0.64 Growth Plan (`)# 35.5693 Globsyn Technologies Ltd 270,000 0.03 0.00* Wipro Ltd Software 29,253 128.42 0.58 Oracle Financial Services Software Ltd Software 4,866 127.50 0.58 b) Aggregate Dividends / Bonus declared during the Half-Year ended March 31, 2012 : Total 0.03 0.00* UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

FT INDIA BALANCED FUND (CONTD.) FT INDIA MONTHLY INCOME PLAN (CONTD.) TEMPLETON INDIA LOW DURATION FUND Company Name Industry Classification Quantity Market Value % to Net Company Name Rating Quantity Market Value % to Net NAV as on 31-Mar-2012 (` in Lakhs) Assets (` in Lakhs) Assets Quarterly Dividend Plan (Rs)# 11.6168 Monthly Dividend Plan (Rs)# 11.7216 Debt Instruments Rating Debt Instruments Bonus Plan (Rs)# 11.0454 (a) Listed / awaiting listing on Stock Exchanges (a) Listed / awaiting listing on Stock Exchanges Growth Plan (Rs)# 29.5741 Non - Traded / Thinly Traded Scrips Non - Traded / Thinly Traded Scrips LIC Housing Finance Ltd CRISIL AAA 210 2,074.09 9.37 b) Aggregate Dividends / Bonus declared during the Half-Year ended March 31, 2012 : Reliance Capital Limited CARE AAA 1,250 12,469.59 7.44 Indian Railway Finance Corp CRISIL AAA 60 597.21 2.70 Essel Corporate Resources Pvt Ltd BW A-(SO) 100 10,023.00 5.98 Dividend per unit / Bonus Ratio per 1000 units Power Grid Corp Of India CRISIL AAA 60 571.76 2.58 Tata Motors Finance Ltd CRISIL AA- 390 3,876.85 2.31 Plan Name Total 26,369.44 15.73 Housing Development Finance Corp CRISIL AAA 50 534.06 2.41 Individuals/HUF Others Dr Reddy'S Laboratories Ltd ICRA AA+ 71,058 3.53 0.02 Total 3,780.65 17.08 Monthly Dividend 0.2378 0.2039 (b) Privately Placed / Unlisted

Quarterly Dividend 0.2643 0.2265 Jindal Power Ltd ICRA AA 1,650 16,497.07 9.84 Money Market Instruments DHFL Holdings Private Limited CARE A1+(SO) 110 11,083.55 6.61 Certificate of Deposit Bonus Plan 43 Total 27,580.62 16.45 Canara Bank Ltd CRISIL A1+ 2,000 1,860.75 8.40 c) Average Maturity as on March 31, 2012 2.12 Years State Bank Of Patiala ICRA A1+ 1,500 1,394.63 6.30 (c) Securitised Debt Instruments Total 3,255.38 14.70 ILSS 1 Trust 2011 Sr A1 TEMPLETON INDIA SHORT-TERM INCOME PLAN Reliance Consumer Finance P. Ltd. ICRA AAA(SO) 159 958.43 0.57 Totals 22,298.02 100.72 Company Name Rating Quantity Market Value % to Net ILSS 6 Trust 2010 Reliance Capital Limited ICRA AAA(SO) 52 430.06 0.26 (` in Lakhs) Assets Total 1,388.49 0.83 Call, Cash & Other Assets (154.27) (0.72) Debt Instruments Money Market Instruments Net Assets 22,143.75 100.00 (a) Listed / awaiting listing on Stock Exchanges Commercial Paper Non - Traded / Thinly Traded Scrips Tata Capital Limited ICRA A1+ 4,000 19,470.90 11.61 *Less than 0.01% Magma Fincorp Ltd CARE AA+ 2,750 27,689.10 5.83 Note: Edelweiss Financial Services Ltd CRISIL A1+ 3,000 14,213.63 8.48 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Lands End Properties Private Limited CARE AA+(SO) 1,300 15,577.45 3.28 Morgan Stanley India Capital Pvt Ltd FITCH A1+ 2,500 12,318.60 7.35 ECL Finance Ltd CRISIL AA- 2,050 13,849.54 2.92 Tata Teleservices Ltd CARE A1+ 2,000 9,780.55 5.83 NAV as on 30-Sep-2011 JM Financial Products Pvt Ltd CRISIL AA- 1,250 12,474.10 2.63 ` Escorts Heart Institute & Research Center Ltd CARE A1+(SO) 2,000 9,726.99 5.80 Dividend Plan ( ) 17.1589 Reliance Capital Limited CARE AAA 930 9,203.45 1.94 Growth Plan (`) 46.8746 Reliance Infrastructure Ltd FITCH A1+ 1,800 8,432.82 5.03 Essel Corporate Resources Pvt Ltd BW A-(SO) 50 5,011.50 1.06 Shapoorji Pallonji & Co Ltd ICRA A1+ 1,300 6,241.70 3.72 NAV as on 31-Mar-2012 Cholamandalam Investment And Finance Co Ltd ICRA AA 400 3,990.12 0.84 Total 80,185.19 47.82 Dividend Plan (`)# 18.0217 NABARD CRISIL AAA 100 994.81 0.21 Growth Plan (`)# 49.2317 LIC Housing Finance Ltd CRISIL AAA 50 493.45 0.10 Certificate of Deposit Total 89,283.52 18.81 Central Bank Of India CARE A1+ 10,000 9,831.02 5.86 b) Dividends declared during the Half - year ended March 31, 2012: NIL Canara Bank Ltd CRISIL A1+ 7,500 7,373.81 4.40 (b) Privately Placed / Unlisted United Bank Of India CARE A1+ 5,000 4,939.18 2.95 c) Average Maturity as on March 31, 2012 0.74 Years Fullerton India Credit Co Ltd ICRA AA+ 2,500 25,342.66 5.34 State Bank Of Patiala ICRA A1+ 5,000 4,912.11 2.93 Jindal Power Ltd ICRA AA 1,500 14,980.64 3.16 IDBI Bank Ltd CRISIL A1+ 600 588.78 0.35 d) ** Total value and percentage of illiquid securities ` 0.03 Lakhs and 0.0001% of net assets Mahindra Vehicle Manufactures Ltd ICRA AA 1,450 14,518.90 3.06 Total 27,644.90 16.49 SRF Ltd FITCH AA 750 7,499.88 1.58 FT INDIA MONTHLY INCOME PLAN DHFL Holdings Private Limited CARE A1+(SO) 50 5,037.98 1.06 Totals 163,168.64 97.32 Company Name Industry Classification Quantity Market Value % to Net Infiniti Retail Limited CARE A+ 500 5,017.45 1.06 (` in Lakhs) Assets Total 72,397.51 15.26 Call, Cash & Other Assets 4,473.94 2.68

Equity & Equity Related (c) Securitised Debt Instruments Net Assets 167,642.58 100.00 (a) Listed/Awaiting listing on Stock Exchanges ILSS 1 TRUST 2012 A2 - SREI Infosys Ltd Software 17,784 509.50 1.62 Equipment Finance Private Limited FITCH AAA(SO) 148 15,576.59 3.28 Note: ICICI Bank Ltd Banks 44,178 391.97 1.25 CLSS 11 TRUST 2011 - Tata Tele Services. CARE A+(SO) 150 15,055.02 3.17 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Bharti Airtel Ltd Telecom - Services 106,639 359.11 1.14 CLSS 12 TRUST 2011 -Tata Tele Services. CARE A+(SO) 150 15,055.02 3.17 Cummins India Ltd Industrial Products 56,400 280.22 0.89 CLSS 8 TRUST 2011 -Tata Tele Services. CARE A+(SO) 100 10,134.56 2.13 NAV as on 30-Sep-2011 HDFC Bank Ltd Banks 51,030 265.38 0.84 CLSS 13 TRUST 2011 -Tata Tele Services. CARE A+(SO) 100 10,036.68 2.11 Growth Plan (Rs)# 11.0276 Reliance Industries Ltd Petroleum Products 34,509 258.21 0.82 PIIL Loan Participation TRUST SR.77 Monthly Dividend Plan (Rs)# 10.3834 Grasim Industries Ltd Cement 9,484 249.37 0.79 2B-Pipeline Infrastructure Quarterly Dividend Plan (Rs)# 10.5097 Indusind Bank Ltd Banks 71,303 228.74 0.73 (India) Private Limited CRISIL AAA(SO) 121 7,367.71 1.55 Kotak Mahindra Bank Ltd Banks 40,339 218.82 0.70 CLSS 9 TRUST 2011 -Tata Tele Services. CARE A+(SO) 60 6,080.73 1.28 NAV as on 31-Mar-2012 Marico Ltd Consumer Non Durables 122,082 213.03 0.68 ILSS 3 TRUST 2011 A1 - RCFPL ICRA AAA(SO) 110 2,784.88 0.59 Growth Plan (Rs)# 11.5612 Mahindra & Mahindra Ltd Auto 26,933 187.70 0.60 ILSS 4 TRUST 2011 A1 Monthly Dividend Plan (Rs)# 10.4251 Eicher Motors Ltd Auto 8,341 165.42 0.53 -Reliance Home Finace Private Ltd ICRA AAA(SO) 66 2,721.62 0.57 Quarterly Dividend Plan (Rs)# 10.5208 Power Grid Corp Of India Power 143,803 155.16 0.49 ILSS 5 TRUST 2010 SR. A13 Oil & Natural Gas Corp Ltd Oil 55,900 149.42 0.48 -Reliance Capital Ltd ICRA AAA(SO) 93 2,029.92 0.43 b) Aggregate Dividends declared during the Half - year ended March 31, 2012 : Coal India Ltd Minerals/Mining 39,824 136.64 0.43 CLSS 15 TRUST 2011 SR.A -NDPL ICRA AA- 20 1,973.88 0.42 Cadila Healthcare Pharmaceuticals 14,900 113.25 0.36 ILSS 5 TRUST 2011 -CIFCL ICRA AAA(SO) 50 1,930.77 0.41 Dividend per unit Oracle Financial Services Software Ltd Software 4,006 104.97 0.33 LST WITEC Sr 20 PTC- Ltd. CRISIL AAA(SO) 100 1,705.44 0.36 Plan Name Dr Reddy'S Laboratories Ltd Pharmaceuticals 5,936 104.39 0.33 CLSS 7 TRUST 2010 A2 -NDPL ICRA AA- 33 1,591.68 0.34 Individuals/HUF Others PIIL Loan Participation TRUST SR.77 IPCA Laboratories Ltd Pharmaceuticals 29,486 98.78 0.31 Monthly Dividend Plan 0.3964 0.3398 Pidilite Industries Ltd Chemicals 55,476 98.50 0.31 2A-Pipeline Infrastructure (India) Quarterly Dividend Plan 0.4043 0.3466 Orient Paper & Industries Ltd Cement 161,416 95.56 0.30 Private Limited CRISIL AAA(SO) 185 1,251.35 0.26 Hindalco Industries Ltd Non - Ferrous Metals 59,082 76.48 0.24 LST Series 9 B c) Average Maturity as on March 31, 2012 0.27 Years Dabur India Ltd Consumer Non Durables 68,000 72.35 0.23 - Power Grid Corporation of India CRISIL AAA(SO) 85 842.44 0.18 Total 96,138.29 20.25 Steel Authority Of India Ltd Ferrous Metals 76,682 72.12 0.23 TEMPLETON INDIA GOVERNMENT SECURITIES FUND - COMPOSITE/PF PLAN India Cements Ltd Cement 63,815 71.03 0.23 Money Market Instruments Company Name Rating Quantity Market Value % to Net Idea Cellular Ltd Telecom - Services 67,490 66.71 0.21 (` in Lakhs) Assets Wipro Ltd Software 14,771 64.84 0.21 Certificate of Deposit Asian Paints Ltd Consumer Non Durables 2,000 64.76 0.21 State Bank Of Patiala ICRA A1+ 20,000 18,638.97 3.93 Government Securities Axis Bank Ltd Banks 5,600 64.17 0.20 State Bank Of Bikaner And Jaipur CRISIL A1+ 11,300 10,501.21 2.21 8.83% GOI 2041 SOVEREIGN 6,050,000 6,074.20 54.16 Jagran Prakashan Ltd Media & Entertainment 63,358 63.74 0.20 Punjab National Bank Ltd CARE A1+ 8,000 7,447.11 1.57 Total 6,074.20 54.16 Bank Of Baroda Banks 8,000 63.49 0.20 Oriental Bank Of Commerce CRISIL A1+ 8,000 7,418.98 1.56 Voltas Limited Construction Project 55,000 61.63 0.20 State Bank Of Mysore ICRA A1+ 5,500 5,113.90 1.08 Call, Cash & Other Assets 5,141.15 45.84 Tata Steel Ltd Ferrous Metals 13,100 61.62 0.20 UCO Bank Ltd CRISIL A1+ 5,000 4,877.05 1.03 Net Assets 11,215.35 100.00 Crompton Greaves Limited Industrial Capital Goods 44,506 61.49 0.20 Syndicate Bank CARE A1+ 5,000 4,699.28 0.99 Punjab & Sindh Bank Ltd ICRA A1+ 4,000 3,924.08 0.83 State Bank Of India Banks 2,911 60.99 0.19 Note: Canara Bank Ltd CRISIL A1+ 3,500 3,260.22 0.69 ICRA Ltd Finance 5,216 58.46 0.19 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 NTPC Ltd Power 34,206 55.65 0.18 State Bank Of Hyderabad ICRA A1+ 3,000 2,787.48 0.59 Total 68,668.28 14.48 Indian Oil Corp Ltd Petroleum Products 21,000 55.15 0.18 NAV as on 30-Sep-2011 NHPC Ltd Power 235,000 46.18 0.15 Composite Plan Growth Option (`)# 34.4617 Commercial Paper TV18 Broadcast Ltd Media & Entertainment 150,369 41.58 0.13 Composite Plan Dividend Option (`)# 10.4770 Reliance Infrastructure Ltd FITCH A1+ 8,900 41,751.02 8.79 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 1,600 36.65 0.12 PF Plan Growth Option (`)# 15.1365 Tata Capital Limited ICRA A1+ 8,200 39,358.93 8.29 Gujarat Pipavav Port Ltd Transportation 55,000 32.34 0.10 PF Plan Dividend Option (`)# 15.1365 JK Lakshmi Cement Limited Cement 48,000 31.30 0.10 Reliance Capital Limited ICRA A1+ 8,100 37,335.87 7.86 Gujarat Mineral Dev Corp Ltd Minerals/Mining 17,000 30.96 0.10 Shapoorji Pallonji & Co Ltd ICRA A1+ 1,700 8,150.82 1.72 NAV as on 31-Mar-2012 TVS Motor Company Limited Auto 61,000 25.00 0.08 Morgan Stanley India Capital Pvt Ltd FITCH A1+ 1,000 4,878.93 1.03 Composite Plan Growth Option (`)# 35.4954 Total 5,722.83 18.21 Escorts Heart Institute Composite Plan Dividend Option (`)# 10.5871 & Research Center Ltd CARE A1+(SO) 1,000 4,863.51 1.02 PF Plan Growth Option (`)# 15.5905 Debt Instruments Rating Fullerton India Credit Co Ltd ICRA A1+ 400 1,962.17 0.41 PF Plan Dividend Option (`)# 15.5905 (a) Listed / awaiting listing on Stock Exchanges Tata Teleservices Ltd CARE A1+ 100 489.04 0.10 Non - Traded / Thinly Traded Scrips Total 138,790.29 29.22 b) Aggregate Dividends declared during the Half-Year ended March 31, 2012 : Tata Power Co Ltd CARE AA 250 2,618.87 8.34 Totals 465,277.89 98.02 Housing Development Finance Corp CRISIL AAA 110 1,167.69 3.72 Dividend per unit LIC Housing Finance Ltd CRISIL AAA 105 1,040.59 3.31 Call, Cash & Other Assets 9,446.37 1.98 Plan Name Tube Investments Of India Limited CRISIL AA 10 974.09 3.10 Individuals/HUF Others Bharat Petroleum Corporation Ltd CRISIL AAA 50 492.60 1.57 Net Assets 474,724.26 100.00 Composite Plan Dividend Option 0.1982 0.1699 Tata Motors Ltd CRISIL AAA(SO) 40 466.69 1.49 Note: NABARD CRISIL AAA 40 390.27 1.24 c) Average Maturity as on March 31, 2012 16.11 Years Power Finance Corp Ltd CRISIL AAA 15 150.37 0.48 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Infrastructure Development Finance Co Ltd ICRA AAA 5 49.92 0.16 NAV as on 30-Sep-2011 TEMPLETON INDIA GOVERNMENT SECURITIES FUND - TREASURY PLAN Dr Reddy'S Laboratories Ltd ICRA AA+ 33,816 1.68 0.01 Retail Plan Growth Option (`)# 2,046.3241 Company Name Rating Quantity Market Value % to Net Total 7,352.77 23.42 ` (` in Lakhs) Assets Retail Plan Monthly Dividend Option ( )# 1,154.0881 Retail Plan Quarterly Dividend Option (`)# 1,141.3868 (b) Privately Placed / Unlisted Government Securities Retail Plan Weekly Dividend Option (`)# 1,076.3376 Mahindra Vehicle Manufactures Ltd ICRA AA 300 2,998.52 9.54 8.83% GOI 2041 SOVEREIGN 1,500,000 1,462.50 33.17 Retail Plan Bonus Option (`)# 1,133.4020 Total 2,998.52 9.54 Total 1,462.50 33.17 Institutional Plan Weekly Dividend Option (`)# 1,013.4132

(c) Securitised Debt Instruments Institutional Plan Monthly Dividend Option (`)# 1,188.6599 Treasury Bill Institutional Plan Growth Option (`)# 1,646.3316 CLSS 9 Trust 2011 T BILL 182 DAY 2012 SOVEREIGN 1,500,000 1,453.30 32.96 (KMP - Tata Tele) (27Nov2012) CARE A+(SO) 40 4,053.82 12.90 Total 1,453.30 32.96 ILSS 3 Trust 2011 A1 PTC NAV as on 31-Mar-2012 Retail Plan Growth Option (`)# 2,133.2470 (17Dec2014) (Org RCFPL) ICRA AAA(SO) 6 151.91 0.48 Totals 2,915.80 66.13 Retail Plan Monthly Dividend Option (`)# 1,160.6230 Total 4,205.73 13.38 Retail Plan Quarterly Dividend Option (`)# 1,159.9913 Call, Cash & Other Assets 1,493.20 33.87 ` Money Market Instruments Retail Plan Weekly Dividend Option ( )# 1,077.9728 ` Net Assets 4,409.00 100.00 Commercial Paper Retail Plan Bonus Option ( )# 1,145.4886 ` State Bank Of Patiala ICRA A1+ 5,000 4,671.72 14.87 Institutional Plan Weekly Dividend Option ( )# 1,015.0031 ` Note: Punjab National Bank Ltd CARE A1+ 3,500 3,258.11 10.37 Institutional Plan Monthly Dividend Option ( )# 1,197.8811 ` a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Allahabad Bank ICRA A1+ 1,500 1,472.25 4.69 Institutional Plan Growth Option ( )# 1,717.9848 Canara Bank Ltd CRISIL A1+ 1,000 982.45 3.13 NAV as on 30-Sep-2011 b) Aggregate Dividends / Bonus declared during the Half-Year ended March 31, 2012 : State Bank Of Mysore ICRA A1+ 500 470.40 1.50 Dividend Option (`)# 10.9088 Total 10,854.93 34.56 Dividend per unit / Bonus Ratio per 1000 units Growth Option (`)# 17.6026 Plan Name Totals 31,134.78 99.11 Individuals/HUF Others NAV as on 31-Mar-2012 Dividend Option (Rs)# 10.9927 Call, Cash & Other Assets 283.52 0.89 Retail Plan Weekly Dividend Option 39.7755 34.0917 Growth Option (Rs)# 17.8932

Net Assets 31,418.30 100.00 Retail Plan Monthly Dividend Option 37.2626 31.9378 b) Aggregate Dividends declared during the Half-Year ended March 31, 2012 : Retail Plan Quarterly Dividend Option 27.7487 23.7835 Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Institutional Plan Weekly Dividend Option 38.3105 32.8360 Dividend per unit

Institutional Plan Monthly Dividend Option 37.2626 31.9378 Plan Name NAV as on 30-Sep-2011 Individuals/HUF Others Quarterly Dividend Plan (Rs) 11.3256 Monthly Dividend Plan (Rs) 11.4984 Retail Plan Bonus Option 32 Treasury Plan Dividend Option 0.0837 0.0717 Bonus Plan (Rs) 11.0135 Growth Plan (Rs) 28.4496 c) Average Maturity as on March 31, 2012: 0.96 Years c) Average Maturity as on March 31, 2012 2.72 Years UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

TEMPLETON INDIA GOVERNMENT SECURITIES FUND - LONG TERM PLAN TEMPLETON FLOATING RATE INCOME FUND TEMPLETON INDIA CHILDREN'S ASSET PLAN - EDUCATION PLAN (CONTD.)

Company Name Rating Quantity Market Value % to Net Company Name Rating Quantity Market Value % to Net Note: (` in Lakhs) Assets (` in Lakhs) Assets a) NAV at the beginning and at the end of the Half-year ended March 31, 2012

Government Securities Debt Instruments NAV as on 30-Sep-2011 32.7564 8.83% GOI 2041 SOVEREIGN 3,950,000 3,965.80 37.24 (a) Listed / awaiting listing on Stock Exchanges 7.40% GOI 2012 SOVEREIGN 3,500,000 3,495.28 32.82 Non - Traded / Thinly Traded Scrips NAV as on 31-Mar-2012# 34.0630 Total 7,461.08 70.06 Essel Corporate Resources Pvt Ltd BW A-(SO) 50 5,011.50 7.25

Total 5,011.50 7.25 Call, Cash & Other Assets 3,188.57 29.94 b) Dividends declared during the Half - year ended March 31, 2012: NIL

Net Assets 10,649.65 100.00 (b) Privately Placed / Unlisted c) Average Maturity as on March 31, 2012 1.99 years Jindal Power Ltd ICRA AA 290 2,899.49 4.19 Note: DHFL Holdings Private Limited CARE A1+(SO) 25 2,518.98 3.64 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 TEMPLETON INDIA CHILDREN'S ASSET PLAN - GIFT PLAN Total 5,418.47 7.83 Company Name Industry Classification Quantity Market Value % to Net

NAV as on 30-Sep-2011 (` in Lakhs) Assets Growth Option (`)# 24.0564 Money Market Instruments Quarterly Dividend Option (`)# 10.4898 Commercial Paper Equity & Equity Related Bonus Option (`)# 10.5472 Reliance Capital Limited ICRA A1+ 1,000 4,957.62 7.17 (a) Listed/Awaiting listing on Stock Exchanges Tata Capital Limited ICRA A1+ 1,000 4,890.37 7.07 NAV as on 31-Mar-2012 Infosys Ltd Software 1,433 41.05 5.60 Escorts Heart Institute & Research Center Ltd CARE A1+(SO) 1,000 4,863.50 7.03 Growth Option (Rs)# 24.7346 ICICI Bank Ltd Banks 3,640 32.30 4.41 Quarterly Dividend Option (Rs)# 10.5815 Edelweiss Financial Services Ltd CRISIL A1+ 1,000 4,737.88 6.85 Cummins India Ltd Industrial Products 5,766 28.65 3.91 Bonus Option (Rs)# 10.5879 Reliance Infrastructure Ltd FITCH A1+ 900 4,211.61 6.09 Bharti Airtel Ltd Telecom - Services 8,424 28.37 3.87 Fullerton India Credit Co Ltd ICRA A1+ 800 3,924.31 5.68 Grasim Industries Ltd Cement 941 24.74 3.37 b) Aggregate Dividends/Bonus declared during the Half - year ended March 31, 2012: Tata Teleservices Ltd CARE A1+ 700 3,416.09 4.94 HDFC Bank Ltd Banks 4,750 24.70 3.37 JM Financial Products Pvt Ltd CRISIL A1+ 500 2,460.47 3.56 Dividend per unit/Bonus Ratio per 1000 units Reliance Industries Ltd Petroleum Products 2,787 20.85 2.84 Morgan Stanley India Capital Pvt Ltd FITCH A1+ 500 2,456.64 3.55 Plan Name Kotak Mahindra Bank Ltd Banks 3,736 20.27 2.77 Individuals/HUF Others Total 35,918.49 51.94 Indusind Bank Ltd Banks 5,764 18.49 2.52 Marico Ltd Consumer Non Durables 9,690 16.91 2.31 Quarterly Dividend Option 0.1982 0.1699 Certificate of Deposit Power Grid Corp Of India Power 13,734 14.82 2.02 Punjab & Sindh Bank Ltd ICRA A1+ 7,500 7,423.15 10.73 Bonus Option 25 Mahindra & Mahindra Ltd Auto 2,108 14.69 2.00 Indian Bank CRISIL A1+ 7,500 7,354.92 10.64 Housing Development Finance Corp Finance 2,000 13.47 1.84 c) Average Maturity as on March 31, 2012 11.11 Years IDBI Bank Ltd CRISIL A1+ 4,500 4,396.96 6.36 Oil & Natural Gas Corp Ltd Oil 4,768 12.74 1.74 Bank Of India CRISIL A1+ 2,500 2,438.39 3.53 Eicher Motors Ltd Auto 607 12.04 1.64 TEMPLETON INDIA INCOME FUND Central Bank Of India CARE A1+ 500 489.90 0.71 Coal India Ltd Minerals/Mining 3,167 10.87 1.48 Company Name Rating Quantity Market Value % to Net Total 22,103.32 31.97 IPCA Laboratories Ltd Pharmaceuticals 3,000 10.05 1.37 (` in Lakhs) Assets Pidilite Industries Ltd Chemicals 4,984 8.85 1.21 Totals 68,451.78 98.99 Cadila Healthcare Pharmaceuticals 1,100 8.36 1.14 Debt Instruments Dr Reddy'S Laboratories Ltd Pharmaceuticals 465 8.18 1.12 (a) Listed / awaiting listing on Stock Exchanges Call, Cash & Other Assets 698.73 1.01 Wipro Ltd Software 1,746 7.66 1.04 Non - Traded / Thinly Traded Scrips Oracle Financial Services Software Ltd Software 281 7.36 1.00 Tata Motors Ltd. CRISIL AAA(SO) 500 5,888.24 8.75 Net Assets 69,150.51 100.00 India Cements Ltd Cement 6,136 6.83 0.93 LIC Housing Finance Ltd CRISIL AAA 535 5,293.03 7.87 Asian Paints Ltd Consumer Non Durables 200 6.48 0.88 Hindustan Petroleum Corp Ltd CRISIL AAA 450 4,414.01 6.56 Note: Hindalco Industries Ltd Non - Ferrous Metals 4,811 6.23 0.85 ECL Finance Ltd CRISIL AA- 800 3,915.55 5.82 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Dabur India Ltd Consumer Non Durables 5,200 5.53 0.75 Lands End Properties Private Limited CARE AA+(SO) 250 2,995.66 4.45 State Bank Of India Banks 262 5.49 0.75 Adani Ports And Special Economic Zone Ltd CARE AA(SO) 900 1,658.94 2.47 NAV as on 30-Sep-2011 Crompton Greaves Limited Industrial Capital Goods 3,947 5.45 0.74 Tata Bluescope Steel Ltd CARE AA(SO) 150 1,625.06 2.42 Retail Plan - Growth Option (`)# 18.6977 Steel Authority Of India Ltd Ferrous Metals 5,618 5.28 0.72 Cholamandalam Investment And Finance Co Ltd ICRA AA 150 1,485.59 2.21 Retail Plan - Dividend Option (`)# 11.1125 Idea Cellular Ltd Telecom - Services 5,335 5.27 0.72 Axis Bank Ltd Banks 450 5.16 0.70 Tata Motors Finance Ltd CRISIL AA- 60 596.44 0.89 Institutional Plan - Growth Option (`)# 15.5665 Tata Steel Ltd Ferrous Metals 1,050 4.94 0.67 Power Finance Corp Ltd CRISIL AAA 50 498.99 0.74 Institutional Plan - Dividend Option (`)# 10.3549 Voltas Limited Construction Project 4,400 4.93 0.67 Indian Oil Corp Ltd CRISIL AAA 10 98.78 0.15 Super Institutional Plan - Growth Option (`)# 14.1317 Orient Paper & Industries Ltd Cement 8,313 4.92 0.67 Indian Railway Finance Corp CRISIL AAA 4 39.81 0.06 Super Institutional Plan - Daily Dividend Option (`)# 10.0268 ICRA Ltd Finance 434 4.86 0.66 Total 28,510.10 42.39 NAV as on 31-Mar-2012 Bank Of Baroda Banks 600 4.76 0.65 NTPC Ltd Power 2,788 4.54 0.62 (b) Privately Placed / Unlisted Retail Plan - Growth Option (`)# 19.5522 Jagran Prakashan Ltd Media & Entertainment 4,133 4.16 0.57 Mahindra Vehicle Manufactures Ltd ICRA AA 650 6,496.80 9.66 Retail Plan - Dividend Option (`)# 11.0510 Indian Oil Corp Ltd Petroleum Products 1,400 3.68 0.50 Jindal Power Ltd ICRA AA 500 4,993.54 7.42 Institutional Plan - Growth Option (`)# 16.2982 NHPC Ltd Power 18,100 3.56 0.49 Institutional Plan - Dividend Option (`)# 10.3684 Total 11,490.34 17.08 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 120 2.75 0.38 Super Institutional Plan - Growth Option (`)# 14.8327 Gujarat Pipavav Port Ltd Transportation 4,400 2.59 0.35 Super Institutional Plan - Daily Dividend Option (`)# 10.0235 (c) Securitised Debt Instruments JK Lakshmi Cement Limited Cement 3,900 2.54 0.35

CLSS 7 Trust 2010 North Delhi Power Limited ICRA AA- 55 5,418.11 8.05 Gujarat Mineral Dev Corp Ltd Minerals/Mining 1,300 2.37 0.32 b) Aggregate Dividends declared during the Half-Year ended March 31, 2012 : ILSS 6 Trust 2010 Reliance Capital Limited ICRA AAA(SO) 249 2,059.29 3.06 TVS Motor Company Limited Auto 4,900 2.01 0.27 ILSS 5 TRUST 2011 TV18 Broadcast Ltd Media & Entertainment 6,480 1.79 0.24 Dividend per unit Cholamandalam DBS Finance LAP PO ICRA AAA(SO) 50 1,930.77 2.87 Total 491.54 67.02 Plan Name ILSS 3 Trust 2011 Reliance Capital Limited ICRA AAA(SO) 70 1,772.20 2.63 Individuals/HUF Others Total 11,180.37 16.61 Debt Instruments Rating Retail Option - Dividend Option 0.4405 0.3775 (a) Listed / awaiting listing on Stock Exchanges Money Market Instruments Non - Traded / Thinly Traded Scrips Certificate of Deposit Institutional Option - Dividend Option 0.4219 0.3616 National Housing Bank CRISIL AAA 8 77.93 10.63 State Bank Of Patiala ICRA A1+ 5,500 5,149.78 7.65 Dr Reddy'S Laboratories Ltd ICRA AA+ 1,890 0.09 0.01 State Bank Of Bikaner And Jaipur CRISIL A1+ 5,200 4,832.42 7.18 Super Institutional Option - Daily Dividend Option 0.4301 0.3686 Total 78.02 10.64 Oriental Bank Of Commerce CRISIL A1+ 2,000 1,854.74 2.76 Canara Bank Ltd CRISIL A1+ 1,500 1,396.07 2.07 c) Average Maturity as on March 31, 2012 0.26 Years Totals 569.56 77.66 Total 13,233.01 19.66 Call, Cash & Other Assets 163.48 22.34 Totals 64,413.82 95.74 TEMPLETON INDIA CHILDREN'S ASSET PLAN - EDUCATION PLAN Net Assets 733.04 100.00 Company Name Industry Classification Quantity Market Value % to Net Call, Cash & Other Assets 2,875.48 4.26 (` in Lakhs) Assets Note: Net Assets 67,289.30 100.00 Equity & Equity Related a) NAV at the beginning and at the end of the Half-year ended March 31, 2012

(a) Listed/Awaiting listing on Stock Exchanges NAV as on 30-Sep-2011 Note: Infosys Ltd Software 83 2.38 1.48 Dividend Option (Rs) 42.6379 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 ICICI Bank Ltd Banks 192 1.70 1.06 Growth Option (Rs) 42.6379 Asian Paints Ltd Consumer Non Durables 50 1.62 1.01 NAV as on 30-Sep-2011 Bharti Airtel Ltd Telecom - Services 469 1.58 0.98 Dividend Plan (`)# 10.9651 NAV as on 31-Mar-2012 Indusind Bank Ltd Banks 419 1.34 0.83 Growth Plan (`)# 34.7994 Dividend Option (Rs)# 44.9960 Oracle Financial Services Software Ltd Software 50 1.31 0.81 Growth Option (Rs)# 44.9960 NAV as on 31-Mar-2012 HDFC Bank Ltd Banks 245 1.27 0.79 ` Dividend Plan ( )# 11.0934 Kotak Mahindra Bank Ltd Banks 217 1.18 0.73 b) Dividends declared during the Half - year ended March 31, 2012: NIL ` Growth Plan ( )# 36.1036 Reliance Industries Ltd Petroleum Products 150 1.12 0.70 Cummins India Ltd Industrial Products 225 1.12 0.70 c) Average Maturity as on March 31, 2012 1.29 years b) Aggregate Dividends declared during the Half - year ended March 31, 2012: Grasim Industries Ltd Cement 40 1.05 0.65 Dividend per unit Oil & Natural Gas Corp Ltd Oil 376 1.01 0.63 FRANKLIN TEMPLETON CAPITAL SAFETY FUND - 5 YEARS PLAN Plan Name Marico Ltd Consumer Non Durables 566 0.99 0.62 (AS AT DECEMBER 29, 2011) Individuals/HUF Others Mahindra & Mahindra Ltd Auto 134 0.93 0.58 Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets Dividend Plan 0.2555 0.2190 Power Grid Corp Of India Power 818 0.88 0.55 Cadila Healthcare Pharmaceuticals 100 0.76 0.47 Call, Cash & Other Assets 35,001.47 100.00 Coal India Ltd Minerals/Mining 196 0.67 0.42 c) Average Maturity as on March 31, 2012: 1.28 Years IPCA Laboratories Ltd Pharmaceuticals 200 0.67 0.42 Net Assets 35,001.47 100.00 TEMPLETON INDIA CASH MANAGEMENT ACCOUNT Axis Bank Ltd Banks 50 0.57 0.35 ICRA Ltd Finance 43 0.48 0.30 Note: Company Name Rating Quantity Market Value % to Net a) NAV at the beginning of the Half-year and at the maturity date i.e December 29, 2011 (` in Lakhs) Assets Eicher Motors Ltd Auto 23 0.46 0.29 Wipro Ltd Software 97 0.43 0.27 NAV as on 30-Sep-2011 Bank Of Baroda Banks 50 0.40 0.25 Money Market Instruments Annual Dividend Option (`) 11.1764 Commercial Paper Pidilite Industries Ltd Chemicals 212 0.38 0.24 Growth Option (`) 13.7957 Corporation Bank Ltd CRISIL A1+ 7,500 7,351.40 34.72 Hindalco Industries Ltd Non - Ferrous Metals 283 0.37 0.23 Canara Bank Ltd CRISIL A1+ 2,500 2,457.94 11.61 India Cements Ltd Cement 322 0.36 0.22 NAV as on 29-Dec-2011 State Bank Of Patiala ICRA A1+ 2,500 2,456.05 11.60 Dr Reddy'S Laboratories Ltd Pharmaceuticals 19 0.33 0.21 Annual Dividend Option (`)# 11.2012 Vijaya Bank Ltd CARE A1+ 2,500 2,446.46 11.55 Idea Cellular Ltd Telecom - Services 338 0.33 0.21 Growth Option (`)# 13.8262 Punjab & Sindh Bank Ltd ICRA A1+ 2,500 2,440.43 11.52 Steel Authority Of India Ltd Ferrous Metals 353 0.33 0.21 Total 17,152.28 81.00 Dabur India Ltd Consumer Non Durables 300 0.32 0.20 b) Dividends declared during the Half - year ended March 31, 2012: NIL State Bank Of India Banks 15 0.31 0.19 Fixed Deposit Crompton Greaves Limited Industrial Capital Goods 224 0.31 0.19 FRANKLIN TEMPLETON CAPITAL PROTECTION ORIENTED FUND - 5 YEAR PLAN Standard Chartered Bank 1,600.00 7.56 Orient Paper & Industries Ltd Cement 507 0.30 0.19 Company Name Industry Classification Quantity Market Value % to Net Total 1,600.00 7.56 NTPC Ltd Power 171 0.28 0.17 (` in Lakhs) Assets Voltas Limited Construction Project 250 0.28 0.17 Totals 18,752.28 92.33 Indian Oil Corp Ltd Petroleum Products 100 0.26 0.16 Equity & Equity Related

Jagran Prakashan Ltd Media & Entertainment 250 0.25 0.16 (a) Listed/Awaiting listing on Stock Exchanges Call, Cash & Other Assets 2,423.25 11.43 Tata Steel Ltd Ferrous Metals 50 0.24 0.15 ICICI Bank Ltd Banks 16,034 142.26 1.72

Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 10 0.23 0.14 Bharti Airtel Ltd Telecom - Services 35,000 117.86 1.42 Net Assets 21,175.53 100.00 NHPC Ltd Power 1,100 0.22 0.14 HDFC Bank Ltd Banks 22,650 117.79 1.42 Gujarat Mineral Dev Corp Ltd Minerals/Mining 100 0.18 0.11 Reliance Industries Ltd Petroleum Products 12,954 96.93 1.17 Note: TV18 Broadcast Ltd Media & Entertainment 490 0.14 0.09 Mahindra & Mahindra Ltd Auto 13,106 91.34 1.10 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 JK Lakshmi Cement Limited Cement 200 0.13 0.08 Kotak Mahindra Bank Ltd Banks 16,652 90.33 1.09 NAV as on 30-Sep-2011 Gujarat Pipavav Port Ltd Transportation 200 0.12 0.07 Oil & Natural Gas Corp Ltd Oil 32,372 86.53 1.04 Dividend Plan (`) 10.0002 TVS Motor Company Limited Auto 200 0.08 0.05 Infosys Ltd Software 3,000 85.95 1.04 Growth Plan (`) 17.1920 Total 29.67 18.47 Coal India Ltd Minerals/Mining 24,261 83.24 1.00 Indusind Bank Ltd Banks 23,640 75.84 0.92 NAV as on 31-Mar-2012 Grasim Industries Ltd Cement 2,833 74.49 0.90 Dividend Plan (`)# 10.0020 Debt Instruments Rating Growth Plan (`)# 17.8204 (a) Listed / awaiting listing on Stock Exchanges Cummins India Ltd Industrial Products 14,540 72.24 0.87 Non - Traded / Thinly Traded Scrips Power Grid Corp Of India Power 57,872 62.44 0.75 b) Aggregate Dividends declared during the Half - year ended March 31, 2012: Dr Reddy'S Laboratories Ltd ICRA AA+ 114 0.01 0.01 Marico Ltd Consumer Non Durables 35,496 61.94 0.75 Total 0.01 0.01 Dr Reddy'S Laboratories Ltd Pharmaceuticals 1,946 34.22 0.41 Dividend per unit Oracle Financial Services Software Ltd Software 1,200 31.44 0.38 Plan Name Totals 29.68 18.48 IPCA Laboratories Ltd Pharmaceuticals 8,800 29.48 0.36 Individuals/HUF Others Wipro Ltd Software 6,214 27.28 0.33

Call, Cash & Other Assets 131.27 81.55 State Bank Of India Banks 1,291 27.05 0.33 Dividend Plan 0.2812 0.2697 Eicher Motors Ltd Auto 1,291 25.60 0.31 Net Assets 160.95 100.00 c) Average Maturity as on March 31, 2012 0.17 Years Idea Cellular Ltd Telecom - Services 25,167 24.88 0.30 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

FRANKLIN TEMPLETON CAPITAL PROTECTION ORIENTED FUND TEMPLETON INDIA ULTRA-SHORT BOND FUND (CONTD.) TEMPLETON INDIA INCOME OPPORTUNITIES FUND (CONTD.) - 5 YEAR PLAN (CONTD.) Company Name Rating Quantity Market Value % to Net Company Name Rating Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets (` in Lakhs) Assets (` in Lakhs) Assets (c) Securitised Debt Instruments Indostar Capital Finance Pvt Ltd CARE A1+ 700 3,474.22 1.25 Steel Authority Of India Ltd Ferrous Metals 25,420 23.91 0.29 ILSS 6 TRUST2010 SR.A13 ABS Shapoorji Pallonji & Co Ltd ICRA A1+ 300 1,431.82 0.51 -Reliance Capital Ltd. ICRA AAA(SO) 25 206.76 0.12 Hindalco Industries Ltd Non - Ferrous Metals 18,117 23.45 0.28 Total 54,116.23 19.42 Total 206.76 0.12 Tata Steel Ltd Ferrous Metals 4,900 23.05 0.28 Certificate of Deposit Voltas Limited Construction Project 20,000 22.41 0.27 Money Market Instruments Canara Bank Ltd CRISIL A1+ 500 491.23 0.18 NTPC Ltd Power 12,776 20.79 0.25 Commercial Paper Allahabad Bank ICRA A1+ 500 490.75 0.18 Orient Paper & Industries Ltd Cement 34,557 20.46 0.25 Escorts Heart Institute & Research Center Ltd CARE A1+(SO) 4,000 19,453.98 11.19 Total 981.98 0.36 Pidilite Industries Ltd Chemicals 11,166 19.83 0.24 Tata Teleservices Ltd CARE A1+ 3,700 18,085.91 10.41 Morgan Stanley India Capital Pvt Ltd FITCH A1+ 3,000 14,716.61 8.47 India Cements Ltd Cement 17,574 19.56 0.24 Totals 275,491.13 98.83 Tata Capital Limited ICRA A1+ 3,000 14,671.11 8.44 Jagran Prakashan Ltd Media & Entertainment 19,183 19.30 0.23 Edelweiss Financial Services Ltd CRISIL A1+ 2,000 9,454.85 5.44 Crompton Greaves Limited Industrial Capital Goods 13,364 18.46 0.22 Call, Cash & Other Assets 3,274.85 1.17 Reliance Capital Limited ICRA A1+ 1,000 4,975.47 2.86 Indian Oil Corp Ltd Petroleum Products 6,900 18.12 0.22 Housing Development Finance Corp CRISIL A1+ 1,000 4,897.43 2.82 Net Assets 278,765.98 100.00 NHPC Ltd Power 86,000 16.90 0.20 Fullerton India Credit Co Ltd ICRA A1+ 800 3,924.31 2.26 TV18 Broadcast Ltd Media & Entertainment 38,969 10.77 0.13 Reliance Infrastructure Ltd FITCH A1+ 100 467.95 0.27 Note: Gujarat Pipavav Port Ltd Transportation 15,000 8.82 0.11 Total 90,647.62 52.16 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Bank Of Baroda Banks 1,000 7.94 0.10 Certificate of Deposit TVS Motor Company Limited Auto 19,000 7.78 0.09 NAV as on 30-Sep-2011 IDBI Bank Ltd CRISIL A1+ 18,000 17,541.75 10.09 Dividend Plan (`)# 10.6591 Total 1,740.68 21.01 Indian Bank CRISIL A1+ 10,000 9,910.87 5.70 Growth Plan (`)# 11.4976 CRISIL A1+ 10,000 9,799.48 5.64 Debt Instruments Rating Canara Bank Ltd CRISIL A1+ 7,500 7,334.46 4.22 NAV as on 31-Mar-2012 (a) Listed / awaiting listing on Stock Exchanges State Bank Of Mysore ICRA A1+ 5,000 4,926.39 2.83 Dividend Plan (`)# 11.9838 Non - Traded / Thinly Traded Scrips Punjab National Bank Ltd CARE A1+ 5,000 4,894.76 2.82 Growth Plan (`)# 10.5948 NABARD CRISIL AAA 95 948.72 11.45 Punjab & Sindh Bank Ltd ICRA A1+ 2,500 2,474.38 1.42 State Bank Of Patiala ICRA A1+ 2,500 2,456.05 1.41 b) Aggregate Dividends declared during the Half - year ended March 31, 2012: Infrastructure Development Finance Co Ltd ICRA AAA 95 949.41 11.45 Central Bank Of India CARE A1+ 2,000 1,959.59 1.13 Power Grid Corp Of India CRISIL AAA 76 947.84 11.44 Allahabad Bank ICRA A1+ 1,500 1,472.25 0.85 Dividend per unit Housing Development Finance Corp CRISIL AAA 93 929.58 11.22 Total 62,769.98 36.11 Plan Name Rural Electrification Corp Ltd CRISIL AAA 35 347.70 4.19 Individuals/HUF Others Dr Reddy'S Laboratories Ltd ICRA AA+ 6,276 0.31 0.00* Totals 170,975.26 98.38 Dividend Plan 0.4184 0.3586 Total 4,123.56 49.75 Call, Cash & Other Assets 2,809.51 1.62 c) Average Maturity as on March 31, 2012: 1.21 Years

Totals 5,864.24 70.76 Net Assets 173,784.77 100.00 TEMPLETON INDIA CORPORATE BOND OPPORTUNITIES FUND Call, Cash & Other Assets 2,424.27 29.24 Note: Company Name Ratings Quantity Market Value % to Net a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 (` in Lakhs) Assets Net Assets 8,288.51 100.00 NAV as on 30-Sep-2011 Debt Instruments *Less than 0.01% Retail Plan Growth Option (`)# 13.0643 (a) Listed / awaiting listing on Stock Exchanges Note: Retail Plan Daily Dividend Option (`)# 10.0167 Non - Traded / Thinly Traded Scrips a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Retail Plan Weekly Dividend Option (`)# 10.0434 Essel Corporate Resources Pvt Ltd BW A-(SO) 50 5,011.50 6.88 ` Tata Bluescope Steel Ltd CARE AA(SO) 450 4,875.19 6.69 NAV as on 30-Sep-2011 Institutional Plan Growth Option ( )# 13.1638 ` Annual Dividend Option (Rs) 11.5974 Institutional Plan Daily Dividend Option ( )# 10.0173 ECL Finance Ltd CRISIL AA- 410 4,092.77 5.62 Growth Option (Rs) 13.6716 Institutional Weekly Plan Dividend Option (`)# 10.2240 Magma Fincorp Ltd CARE AA+ 390 3,933.21 5.40 Super Institutional Plan Growth Option (`)# 13.2510 Cholamandalam Investment And Finance Co Ltd FITCH AA- 370 3,844.34 5.27 NAV as on 31-Mar-2012 Super Institutional Plan Daily Dividend Option (`)# 10.0178 Tube Investments Of India Limited CRISIL AA 30 2,922.26 4.01 Annual Dividend Option (Rs)# 12.0012 Super Institutional Plan Weekly Dividend Option (`)# 10.1127 Tata International Limited ICRA AA- 250 1,696.57 2.33 Growth Option (Rs)# 14.1476 Total 26,375.84 36.20 NAV as on 30-Sep-2011 b) Dividends declared during the Half - year ended March 31, 2012: NIL Retail Plan Growth Option (`)# 13.6783 (b) Privately Placed / Unlisted Retail Plan Daily Dividend Option (`)# 10.0135 Mahindra Vehicle Manufactures Ltd ICRA AA 600 6,003.05 8.24 c) Average Maturity as on March 31, 2012 0.17 Years Retail Plan Weekly Dividend Option (`)# 10.0548 Jindal Power Ltd ICRA AA 550 5,492.90 7.54 ` Infiniti Retail Limited CARE A+ 500 5,017.46 6.88 FRANKLIN TEMPLETON FIXED TENURE FUND-SERIES VIII - 60 MONTHS PLAN - PLAN A Institutional Plan Growth Option ( )# 13.7962 Institutional Plan Daily Dividend Option (`)# 10.0140 Reliance Capital Limited CARE AAA 400 4,035.44 5.54 Company Name Industry Classification Quantity Market Value % to Net Institutional Weekly Plan Dividend Option (`)# 10.2357 Fullerton India Credit Co Ltd ICRA AA+ 390 3,978.21 5.46 (` in Lakhs) Assets Super Institutional Plan Growth Option (`)# 13.9014 Hypermarket Ltd CARE AA(SO) 250 2,531.82 3.47 Super Institutional Plan Daily Dividend Option (`)# 10.0146 Total 27,058.88 37.13 Equity & Equity Related Super Institutional Plan Weekly Dividend Option (`)# 10.1246 (a) Listed/Awaiting listing on Stock Exchanges Money Market Instruments Infosys Ltd Software 4,123 118.12 2.47 Commercial Paper b) Aggregate Dividends declared during the Half - year ended March 31, 2012: ICICI Bank Ltd Banks 10,257 91.01 1.90 Indostar Capital Finance Pvt Ltd CARE A1+ 1,300 6,459.65 8.86 Cummins India Ltd Industrial Products 16,800 83.47 1.75 Reliance Infrastructure Ltd FITCH A1+ 300 1,403.87 1.93 Dividend per unit Bharti Airtel Ltd Telecom - Services 21,932 73.86 1.55 Total 7,863.52 10.79 HDFC Bank Ltd Banks 13,460 70.00 1.46 Plan Name Individuals/HUF Others Reliance Industries Ltd Petroleum Products 7,766 58.11 1.22 Certificate of Deposit Kotak Mahindra Bank Ltd Banks 10,679 57.93 1.21 Retail Plan Daily Dividend Option 0.4079 0.3497 IDBI Bank Ltd CRISIL A1+ 4,400 4,317.72 5.92 Grasim Industries Ltd Cement 2,190 57.58 1.20 Canara Bank Ltd CRISIL A1+ 3,000 2,843.20 3.90 Indusind Bank Ltd Banks 16,224 52.05 1.09 Retail Plan Weekly Dividend Option 0.4090 0.3506 State Bank Of Mysore ICRA A1+ 1,000 940.81 1.29 Marico Ltd Consumer Non Durables 26,966 47.06 0.98 Institutional Plan Daily Dividend Option 0.4168 0.3572 State Bank Of Bikaner And Jaipur CRISIL A1+ 1,000 929.31 1.28 Mahindra & Mahindra Ltd Auto 5,958 41.52 0.87 Institutional Weekly Plan Dividend Option 0.4254 0.3646 Total 9,031.04 12.39 Power Grid Corp Of India Power 34,481 37.20 0.78 Oil & Natural Gas Corp Ltd Oil 13,344 35.67 0.75 Super Institutional Plan Daily Dividend Option 0.4256 0.3648 Totals 70,329.28 96.51 Eicher Motors Ltd Auto 1,786 35.42 0.74 Super Institutional Plan Weekly Dividend Option 0.4296 0.3682 Coal India Ltd Minerals/Mining 8,983 30.82 0.64 Call, Cash & Other Assets 2,557.53 3.49 IPCA Laboratories Ltd Pharmaceuticals 8,600 28.81 0.60 c) Average Maturity as on March 31, 2012 0.23 Years Cadila Healthcare Pharmaceuticals 3,200 24.32 0.51 Net Assets 72,886.81 100.00 Dr Reddy'S Laboratories Ltd Pharmaceuticals 1,291 22.70 0.47 Note: Wipro Ltd Software 4,804 21.09 0.44 TEMPLETON INDIA INCOME OPPORTUNITIES FUND a) NAV at the end of the Half-year ended March 31, 2012 Oracle Financial Services Software Ltd Software 792 20.75 0.43 Company Name Rating Quantity Market Value % to Net NAV as on 31-Mar-2012 India Cements Ltd Cement 15,841 17.63 0.37 (` in Lakhs) Assets ` Pidilite Industries Ltd Chemicals 9,858 17.50 0.37 Annual Dividend Option ( )# 10.4213 Hindalco Industries Ltd Non - Ferrous Metals 13,121 16.99 0.36 ` Debt Instruments Growth Option ( )# 10.4213 Asian Paints Ltd Consumer Non Durables 500 16.19 0.34 (a) Listed / awaiting listing on Stock Exchanges State Bank Of India Banks 762 15.96 0.33 b) Aggregate Dividends declared during the Half - year ended March 31, 2012: Idea Cellular Ltd Telecom - Services 15,534 15.36 0.32 Non - Traded / Thinly Traded Scrips Steel Authority Of India Ltd Ferrous Metals 16,027 15.07 0.32 Magma Fincorp Ltd CARE AA+ 2,260 22,749.89 8.16 Dividend per unit Plan Name Dabur India Ltd Consumer Non Durables 14,000 14.90 0.31 JM Financial Products Pvt Ltd CRISIL AA- 1,250 12,506.21 4.49 Individuals/HUF Others Crompton Greaves Limited Industrial Capital Goods 10,009 13.83 0.29 Cholamandalam Investment And Finance Co Ltd ICRA AA 1,022 10,230.21 3.67

Tata Steel Ltd Ferrous Metals 2,900 13.64 0.29 ECL Finance Ltd CRISIL AA- 1,140 9,344.71 3.35 Dividend Plan 0.1321 0.1133 Voltas Limited Construction Project 12,000 13.45 0.28 Reliance Capital Limited CARE AAA 720 7,133.11 2.56 Bank Of Baroda Banks 1,600 12.70 0.27 Tube Investments Of India Limited CRISIL AA 55 5,361.19 1.92 c) Average Maturity as on March 31, 2012: 1.96 Years ICRA Ltd Finance 1,131 12.68 0.27 Lands End Properties Private Limited CARE AA+(SO) 350 4,193.93 1.50 NTPC Ltd Power 7,649 12.44 0.26 FRANKLIN INDIA PRIMA FUND Cholamandalam Investment And Finance Co Ltd FITCH AA- 280 2,909.23 1.04 Jagran Prakashan Ltd Media & Entertainment 11,649 11.72 0.25 LIC Housing Finance Ltd CRISIL AAA 30 296.31 0.11 Company Name Industry Classification Quantity Market Value % to Net Indian Oil Corp Ltd Petroleum Products 4,200 11.03 0.23 (` in Lakhs) Assets NHPC Ltd Power 52,000 10.22 0.21 Total 74,724.79 26.80

TV18 Broadcast Ltd Media & Entertainment 31,413 8.69 0.18 Equity & Equity Related (b) Privately Placed / Unlisted Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 350 8.02 0.17 (a) Listed/Awaiting listing on Stock Exchanges Gujarat Pipavav Port Ltd Transportation 12,000 7.06 0.15 Fullerton India Credit Co Ltd ICRA AA+ 2,010 20,267.24 7.27 Pidilite Industries Ltd Chemicals 2,139,297 3,798.32 5.02 Gujarat Mineral Dev Corp Ltd Minerals/Mining 3,700 6.74 0.14 Mahindra Vehicle Manufactures Ltd ICRA AA 700 7,004.20 2.51 IPCA Laboratories Ltd Pharmaceuticals 1,076,899 3,607.61 4.76 JK Lakshmi Cement Limited Cement 10,000 6.51 0.14 DHFL Holdings Private Limited CARE A1+(SO) 50 5,037.98 1.81 TVS Motor Company Limited Auto 12,000 4.91 0.10 Jindal Power Ltd ICRA AA 300 2,997.24 1.08 Indusind Bank Ltd Banks 1,042,901 3,345.63 4.42 Total 1,290.73 27.01 Cholamandalam Investment And Finance Co Ltd ICRA AA 150 1,503.38 0.54 Ltd Banks 646,592 2,754.48 3.64 Total 36,810.04 13.21 Ltd Pharmaceuticals 356,066 2,238.41 2.96 Debt Instruments Rating Oracle Financial Services Software Ltd Software 83,604 2,190.59 2.89 (a) Listed / awaiting listing on Stock Exchanges (c) Securitised Debt Instruments Ltd Banks 591,164 2,171.35 2.87 Non - Traded / Thinly Traded Scrips CLSS 5 Trust 2011 Tata Teleservices Limited CARE A+(SO) 150 15,335.51 5.50 Bharti Airtel Ltd Telecom - Services 642,467 2,163.51 2.86 LIC Housing Finance Ltd CRISIL AAA 50 498.93 10.44 CLSS 10 Trust 2011 Tata Teleservices Limited CARE A+(SO) 150 15,201.84 5.45 Cadila Healthcare Pharmaceuticals 282,650 2,148.42 2.84 Indian Railway Finance Corp CRISIL AAA 30 299.31 6.26 CLSS 6 Trust 2011 Tata Teleservices Limited CARE A+(SO) 100 10,223.68 3.67 Ltd Chemicals 614,508 2,123.43 2.80 Total 798.24 16.70 IRST Series III Tata Motor Finance Limited CRISIL AAA(SO) 215 8,284.91 2.97 Mahindra & Mahindra Financial Services Ltd Finance 313,387 2,095.93 2.77 Totals 2,088.97 43.71 ILSS 1 Trust 2011 Reliance Consumer Finance ICRA AAA(SO) 100 8,245.49 2.96 Amara Raja Batteries Ltd Auto Ancillaries 656,047 1,920.91 2.54 CLSS 15 Trust 2011 North Delhi Power Limited ICRA AA- 80 7,895.52 2.83 Cummins India Ltd Industrial Products 365,167 1,814.33 2.40 Call, Cash & Other Assets 2,690.89 56.29 IRST 2011 SERIES-I SREI Jagran Prakashan Ltd Media & Entertainment 1,790,821 1,801.57 2.38

Equipment Finance Private Limited FITCH AAA(SO) 66 6,569.41 2.36 Ltd Fertilisers 629,269 1,794.05 2.37 Net Assets 4,779.86 100.00 ILSS 2 Trust 2011 Magma Fincorp Limited CRISIL AAA 218 6,457.79 2.32 Gujarat Mineral Dev Corp Ltd Minerals/Mining 945,273 1,721.81 2.27 Note: CLSS 2 Trust 2011 Sr. A Eicher Motors Ltd Auto 78,900 1,564.78 2.07 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 North Delhi Power Limited ICRA AA- 50 4,934.46 1.77 Karur Vysya Bank Banks 418,503 1,560.60 2.06 ILSS 5 TRUST 2011 Ltd Power 748,083 1,509.26 1.99 NAV as on 30-Sep-2011 Cholamandalam DBS Finance Ltd PO ICRA AAA(SO) 110 4,247.68 1.52 Shree Cements Ltd Cement 47,273 1,511.11 2.00 ` Annual Dividend Option ( ) 10.9481 PIIL Loan Participation Trust Series 77 ICRA Ltd Finance 127,511 1,429.02 1.89 Growth Option (`) 13.9049 ICICI Bank Limited CRISIL AAA(SO) 64 3,896.97 1.40 Ltd Auto Ancillaries 953,868 1,420.31 1.88 CLSS 8 Trust 2010 Sr. A NAV as on 31-Mar-2012 India Cements Ltd Cement 1,266,716 1,409.85 1.86 North Delhi Power Limited ICRA AA- 50 3,189.69 1.14 Annual Dividend Option (`)# 11.4443 Carborundum Universal Ltd Industrial Products 891,479 1,391.15 1.84 Growth Option (`)# 14.5351 CLSS 8 Trust 2010 Sr. B Gujarat State Petronet Ltd Gas 1,767,205 1,349.26 1.78 North Delhi Power Limited ICRA AA- 50 3,189.69 1.14 Glaxosmithkline Consumer b) Dividends declared during the Half - year ended March 31, 2012: NIL ILSS 3 Trust 2011 Reliance Capital Limited ICRA AAA(SO) 115 2,911.46 1.04 Healthcare Ltd Consumer Non Durables 47,154 1,295.56 1.71 ILSS 7 Trust 2010 Crisil Ltd Finance 131,830 1,287.39 1.70 c) Average Maturity as on March 31, 2012 0.07 Years Cholamandalam DBS Finance CRISIL AAA(SO) 48 2,755.98 0.99 Finolex Cables Ltd Industrial Products 4,112,992 1,281.20 1.69 ILSS 4 Trust 2011 Voltas Limited Construction Project 1,000,000 1,120.50 1.48 TEMPLETON INDIA ULTRA-SHORT BOND FUND Reliance Home Finance Private Limited ICRA AAA(SO) 57 2,350.49 0.84 Deepak Fertilizers & Petrochemicals Corporation Chemicals 693,058 1,046.52 1.38 Company Name Rating Quantity Market Value % to Net CLSS 2 Trust 2011 Sr. B Petronet Lng Ltd Gas 596,800 1,003.82 1.33 ` ( in Lakhs) Assets North Delhi Power Limited ICRA AA- 15 1,480.34 0.53 Great Eastern Shipping Co Ltd Transportation 410,191 1,000.05 1.32 JET JUS Trust Sr 9 PTC Rental Receivables CRISIL AAA(SO) 2,000,000 611.38 0.22 Thermax Ltd Industrial Capital Goods 206,033 956.71 1.26 Debt Instruments CLSS 2 TRUST 2012 TVS Motor Company Limited Auto 2,187,538 896.89 1.18 (a) Listed / awaiting listing on Stock Exchanges Kotak Mahindra Prime Ltd. CRISIL A1+(SO) 5 545.68 0.20 Marico Ltd Consumer Non Durables 499,674 871.93 1.15 Non - Traded / Thinly Traded Scrips ILSS 5 Trust 2010 Reliance Capital Limited ICRA AAA(SO) 25 502.85 0.18 Gateway Distriparks Ltd Transportation 548,425 845.12 1.12 Essel Corporate Resources Pvt Ltd BW A-(SO) 50 5,011.50 2.88 ILSS 5 TRUST 2011 Bajaj Electricals Ltd Consumer Durables 416,378 810.90 1.07 ICICI Securities Limited CRISIL AAA 25 2,498.48 1.44 Cholamandalam DBS Finance Ltd IO ICRA AAA(SO) 9 27.27 0.01 Ultra Tech Cement Ltd Cement 53,512 806.40 1.06 Adani Ports And Special Economic Zone Ltd CARE AA(SO) 100 184.33 0.11 Total 108,858.09 39.04 Total 7,694.31 4.43 FDC Ltd Pharmaceuticals 1,015,593 794.70 1.05

Bosch Ltd Auto Ancillaries 8,994 742.06 0.98 Money Market Instruments (b) Privately Placed / Unlisted Indian Oil Corp Ltd Petroleum Products 273,621 718.53 0.95 Commercial Paper DHFL Holdings Private Limited CARE A1+(SO) 75 7,556.96 4.35 JK Lakshmi Cement Limited Cement 1,071,702 698.75 0.92 Reliance Capital Limited ICRA A1+ 6,000 28,120.45 10.09 Jindal Power Ltd ICRA AA 210 2,099.63 1.21 Ltd Consumer Non Durables 100,000 592.50 0.78 Total 9,656.59 5.56 Reliance Infrastructure Ltd FITCH A1+ 4,500 21,089.74 7.57 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

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

TV18 Broadcast Ltd Media & Entertainment 1,952,495 539.86 0.71 Bajaj Holdings And Investment Ltd Finance 237,196 1,929.23 2.68 Infotech Enterprises Ltd Software 200,000 298.80 2.42 Adhunik Metaliks Ltd Ferrous Metals 1,181,235 542.19 0.72 GAIL India Ltd Gas 490,000 1,837.26 2.55 Polaris Financial Technology Ltd Software 150,000 245.85 1.99 Bayer Cropscience Ltd Pesticides 65,352 524.42 0.69 Tata Steel Ltd Ferrous Metals 366,666 1,724.80 2.40 Eclerx Services Ltd Software 30,000 221.09 1.79 Dish TV India Ltd Media & Entertainment 800,000 510.80 0.67 E.I.D.-Parry(India) Ltd Consumer Non Durables 700,000 1,327.90 1.85 Ltd Software 30,000 121.29 0.98 Co Ltd Gas 116,155 452.60 0.60 Tata Consultancy Services Ltd Software 100,000 1,167.85 1.62 Firstsource Solutions Limited Software 400,000 38.27 0.31 Bata India Ltd Consumer Durables 56,707 436.18 0.58 Infosys Ltd Software 37,541 1,075.53 1.50 Mastek Limited Software 15,000 13.57 0.11 Crompton Greaves Limited Industrial Capital Goods 298,970 413.02 0.55 HCL Infosystems Ltd Hardware 2,167,346 985.06 1.37 Total 11,957.76 96.84

Zydus Wellness Ltd Consumer Non Durables 55,213 210.00 0.28 Gujarat Gas Co Ltd Gas 250,000 974.13 1.35 (b) Unlisted** India Ltd Consumer Non Durables 193,650 205.94 0.27 Federal Bank Ltd Banks 182,355 776.83 1.08 Collabera Solutions Private Ltd 970,000 21.11 0.17 Total 71,440.23 94.36 Usha Martin Ltd Ferrous Metals 2,473,899 759.49 1.06 Total 21.11 0.17 Coal India Ltd Minerals/Mining 200,000 686.20 0.95 (b) Unlisted** JK Cements Ltd Cement 374,932 603.27 0.84 Totals 11,978.87 97.01 Him Techno 170,000 0.02 0.00* MOIL Ltd Ferrous Metals 200,000 501.30 0.70 Numero Uno International Ltd 8,100 0.00 0.00* Call,Cash & Other Assets 368.20 2.99 Idea Cellular Ltd Telecom - Services 500,000 494.25 0.69 Total 0.02 0.00 Bharti Airtel Ltd Telecom - Services 100,000 336.74 0.47 Net Assets 12,347.07 100.00 Totals 71,440.25 94.36 Ltd Auto 641,366 194.32 0.27 Total 69,369.96 96.44 Note: Call,Cash & Other Assets 4,289.33 5.64 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Totals 69,369.96 96.44

Net Assets 75,729.58 100.00 NAV as on 30-Sep-2011 Call, Cash & Other Assets 2,571.46 3.56 ` Dividend Plan ( ) 17.4105 ` *Less than 0.01% Net Assets 71,941.42 100.00 Growth Plan ( ) 56.2208 Note: Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 NAV as on 31-Mar-20121 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Dividend Plan (`)# 18.5638 ` NAV as on 30-Sep-2011 NAV as on 30-Sep-2011 Growth Plan ( )# 65.1963 Dividend Plan (`) 33.5273 ` Dividend Plan ( ) 43.7733 b) Dividends declared during the Half - year ended March 31, 2012: Growth Plan (`) 251.3977 Growth Plan (`) 100.6595

NAV as on 31-Mar-2012 NAV as on 31-Mar-2012 Plan Name Dividend per unit ` Dividend Plan (`)# 35.9659 Dividend Plan ( )# 46.0793 ` Dividend Plan 1.5000 Growth Plan (`)# 269.6834 Growth Plan ( )# 110.1152 b) Dividends declared during the Half - year ended March 31, 2012: c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 1.40% b) Dividends declared during the Half - year ended March 31, 2012: NIL Plan Name Dividend per unit d) ** Total value and percentage of illiquid securities ` 21.11 Lakhs and 0.171% of net assets c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 25.00% Dividend Plan 1.5000 FRANKLIN INDIA FLEXI CAP FUND d) ** Total value and percentage of illiquid securities ` 0.02 Lakhs and 0.00002% of net assets c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 5.77% Company Name Industry Classification Quantity Market Value % to Net ` FRANKLIN INDIA PRIMA PLUS ( in Lakhs) Assets FRANKLIN INDIA BLUECHIP FUND Company Name Industry Classification Quantity Market Value % to Net Company Name Industry Classification Quantity Market Value % to Net Equity & Equity Related ` (` in Lakhs) Assets ( in Lakhs) Assets (a) Listed/Awaiting listing on Stock Exchanges Bharti Airtel Ltd Telecom - Services 4,330,961 14,584.51 8.49 Equity & Equity Related Equity & Equity Related ICICI Bank Ltd Banks 1,538,629 13,651.49 7.95 (a) Listed/Awaiting listing on Stock Exchanges (a) Listed/Awaiting listing on Stock Exchanges Infosys Ltd Software 412,376 11,814.37 6.88 Infosys Ltd Software 522,000 14,955.04 8.06 Infosys Ltd Software 1,290,000 36,957.86 7.98 HDFC Bank Ltd Banks 2,208,706 11,486.38 6.69 Bharti Airtel Ltd Telecom - Services 3,960,399 13,336.64 7.19 Grasim Industries Ltd Cement 278,467 7,321.87 4.26 Bharti Airtel Ltd Telecom - Services 9,900,000 33,338.25 7.19 ICICI Bank Ltd Banks 1,265,000 11,223.71 6.05 Dr Reddy's Laboratories Ltd Pharmaceuticals 394,623 6,940.04 4.04 ICICI Bank Ltd Banks 3,550,000 31,497.38 6.80 HDFC Bank Ltd Banks 1,725,000 8,970.86 4.84 HDFC Bank Ltd Banks 4,300,000 22,362.15 4.83 Grasim Industries Ltd Cement 282,000 7,414.77 4.00 Power Grid Corp of India Power 5,786,981 6,244.15 3.64 Reliance Industries Ltd Petroleum Products 2,700,000 20,202.75 4.36 Indusind Bank Ltd Banks 1,645,618 5,279.14 2.85 Mahindra & Mahindra Ltd Auto 829,600 5,781.48 3.37 Grasim Industries Ltd Cement 700,000 18,405.45 3.97 Reliance Industries Ltd Petroleum Products 695,000 5,200.34 2.80 Amara Raja Batteries Ltd Auto Ancillaries 1,681,161 4,922.44 2.87 Cummins India Ltd Industrial Products 930,761 4,624.49 2.69 Power Grid Corp Of India Power 12,800,000 13,811.20 2.98 Kotak Mahindra Bank Ltd Banks 920,000 4,990.54 2.69 Dr Reddy's Laboratories Ltd Pharmaceuticals 275,777 4,849.95 2.61 Oracle Financial Services Software Ltd Software 175,885 4,608.54 2.68 Kotak Mahindra Bank Ltd Banks 2,500,000 13,561.25 2.93 Bosch Ltd Auto Ancillaries 56,000 4,620.34 2.49 State Bank Of India Banks 211,950 4,440.35 2.59 Dr Reddy's Laboratories Ltd Pharmaceuticals 770,000 13,541.61 2.92 Cummins India Ltd Industrial Products 889,000 4,417.00 2.38 Yes Bank Ltd Banks 1,191,327 4,375.74 2.55 Indusind Bank Ltd Banks 3,900,000 12,511.20 2.70 Eicher Motors Ltd Auto 220,000 4,363.15 2.35 Gujarat State Petronet Ltd Gas 5,729,333 4,374.35 2.55 Cummins India Ltd Industrial Products 2,150,000 10,682.28 2.31 Power Grid Corp Of India Power 3,900,000 4,208.10 2.27 IPCA Laboratories Ltd Pharmaceuticals 1,055,000 3,534.25 2.06 Crisil Ltd Finance 430,000 4,199.17 2.26 Oracle Financial Services Software Ltd Software 405,422 10,622.87 2.29 Deepak Fertilizers & Petrochemicals Corporation Chemicals 2,230,253 3,367.68 1.96 Housing Development Finance Corp Finance 600,000 4,041.60 2.18 Housing Development Finance Corp Finance 1,500,000 10,104.00 2.18 Reliance Industries Ltd Petroleum Products 418,438 3,130.96 1.82 Coal India Ltd Minerals/Mining 2,800,000 9,606.80 2.07 Marico Ltd Consumer Non Durables 2,313,909 4,037.77 2.18 Oracle Financial Services Software Ltd Software 154,000 4,035.11 2.18 NHPC Ltd Power 15,550,706 3,055.71 1.78 Mahindra & Mahindra Ltd Auto 1,350,000 9,408.15 2.03 Gujarat Mineral Dev Corp Ltd Minerals/Mining 2,085,000 3,797.83 2.05 Mahindra & Mahindra Financial Services Ltd Finance 446,947 2,989.18 1.74 Cadila Healthcare Pharmaceuticals 1,170,000 8,893.17 1.92 Mahindra & Mahindra Ltd Auto 533,844 3,720.36 2.01 Crompton Greaves Limited Industrial Capital Goods 2,081,628 2,875.77 1.67 NTPC Ltd Power 5,400,000 8,785.80 1.90 Cadila Healthcare Pharmaceuticals 449,038 3,413.14 1.84 Karur Vysya Bank Banks 750,000 2,796.75 1.63 GAIL India Ltd Gas 2,300,000 8,623.85 1.86 Idea Cellular Ltd Telecom - Services 3,350,000 3,311.48 1.79 Ltd Auto Ancillaries 3,314,500 2,630.06 1.53 Idea Cellular Ltd Telecom - Services 8,500,000 8,402.25 1.81 IPCA Laboratories Ltd Pharmaceuticals 970,000 3,249.50 1.75 Oil & Natural Gas Corp Ltd Oil 967,090 2,585.03 1.51 Bajaj Auto Ltd Auto 500,000 8,389.50 1.81 GAIL India Ltd Gas 817,598 3,065.58 1.65 Torrent Power Ltd Power 1,255,963 2,533.91 1.48 Jagran Prakashan Ltd Media & Entertainment 3,000,000 3,018.00 1.63 Ltd Industrial Capital Goods 530,000 8,072.96 1.74 TV18 Broadcast Ltd Media & Entertainment 8,872,937 2,453.37 1.43 Coal India Ltd Minerals/Mining 832,703 2,857.00 1.54 NTPC Ltd Power 1,408,947 2,292.36 1.33 Ltd Pharmaceuticals 2,400,000 7,309.20 1.58 Cipla Ltd Pharmaceuticals 900,000 2,740.95 1.48 Indian Oil Corp Ltd Petroleum Products 845,100 2,219.23 1.29 Oil & Natural Gas Corp Ltd Oil 2,600,000 6,949.80 1.50 Oil & Natural Gas Corp Ltd Oil 1,000,000 2,673.00 1.44 Cadila Healthcare Pharmaceuticals 276,433 2,101.17 1.22 NHPC Ltd Power 35,000,000 6,877.50 1.48 Amara Raja Batteries Ltd Auto Ancillaries 900,000 2,635.20 1.42 TVS Motor Company Limited Auto 5,000,000 2,050.00 1.19 Indian Oil Corp Ltd Petroleum Products 2,600,000 6,827.60 1.47 Bharat Electronics Ltd Industrial Capital Goods 150,000 2,284.80 1.23 Voltas Limited Construction Project 1,762,597 1,974.99 1.15 Asian Paints Ltd Consumer Non Durables 210,800 6,825.18 1.47 TV18 Broadcast Ltd Media & Entertainment 7,573,500 2,094.07 1.13 Cipla Ltd Pharmaceuticals 581,500 1,770.96 1.03 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 286,000 6,551.69 1.41 Asian Paints Ltd Consumer Non Durables 62,300 2,017.12 1.09 Wipro Ltd Software 435,000 1,909.65 1.03 Gujarat Mineral Dev Corp Ltd Minerals/Mining 961,129 1,750.70 1.02 Crompton Greaves Limited Industrial Capital Goods 4,700,000 6,493.05 1.40 India Cements Ltd Cement 1,715,600 1,909.46 1.03 Axis Bank Ltd Banks 147,474 1,689.90 0.98 Hindalco Industries Ltd Non - Ferrous Metals 4,800,000 6,213.60 1.34 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 80,396 1,841.71 0.99 Pidilite Industries Ltd Chemicals 924,333 1,641.15 0.96 Larsen And Toubro Ltd Construction Project 450,000 5,880.83 1.27 Gujarat State Petronet Ltd Gas 2,300,000 1,756.05 0.95 Glaxosmithkline Consumer India Cements Ltd Cement 5,100,000 5,676.30 1.22 Crompton Greaves Limited Industrial Capital Goods 1,260,000 1,740.69 0.94 Healthcare Ltd Consumer Non Durables 58,000 1,593.55 0.93 State Bank Of India Banks 270,000 5,656.50 1.22 Steel Authority Of India Ltd Ferrous Metals 1,680,000 1,580.04 0.85 Housing Development Finance Corp. Ltd.(Warrants) Finance 1,936,540 1,574.21 0.92 Hindalco Industries Ltd Non - Ferrous Metals 1,200,000 1,553.40 0.84 Steel Authority Of India Ltd Ferrous Metals 6,000,000 5,643.00 1.22 Zuari Industries Ltd Fertilisers 314,768 1,550.08 0.90 Indian Oil Corp Ltd Petroleum Products 580,000 1,523.08 0.82 Ltd Banks 2,243,427 5,268.69 1.14 Lupin Ltd Pharmaceuticals 281,335 1,490.09 0.87 Dabur India Ltd Consumer Non Durables 1,400,000 1,489.60 0.80 Wipro Ltd Software 1,100,000 4,829.00 1.04 ICRA Ltd Finance 130,222 1,459.40 0.79 VST Industries Ltd Consumer Non Durables 75,000 1,092.64 0.64 Axis Bank Ltd Banks 400,000 4,583.60 0.99 Aditya Birla Nuvo Ltd Finance 150,000 1,401.08 0.76 Hero Motocorp Ltd Auto 45,750 940.09 0.55 Dabur India Ltd Consumer Non Durables 4,300,000 4,575.20 0.99 Pidilite Industries Ltd Chemicals 710,061 1,260.71 0.68 Zydus Wellness Ltd Consumer Non Durables 160,000 608.56 0.35 ITC Ltd Consumer Non Durables 2,000,000 4,536.99 0.98 TVS Motor Company Limited Auto 2,700,000 1,107.00 0.60 Torrent Pharmaceuticals Ltd Pharmaceuticals 65,560 412.14 0.24 Torrent Power Ltd Power 2,000,000 4,034.99 0.87 D B Corp Ltd Media & Entertainment 450,000 987.53 0.53 Gujarat Pipavav Port Ltd Transportation 670,695 394.37 0.23 NMDC Ltd Minerals/Mining 2,094,929 3,374.93 0.73 SKF India Ltd Industrial Products 140,000 964.25 0.52 Consolidated Construction Consortium Ltd Construction 2,470,358 387.85 0.23 Gujarat Pipavav Port Ltd Transportation 1,494,671 878.87 0.47 Tata Steel Ltd Ferrous Metals 468,043 2,201.66 0.48 Rallis India Limited Pesticides 200,000 242.89 0.14 Axis Bank Ltd Banks 75,000 859.43 0.46 Housing Development Finance Corp. Ltd.(Warrants) Finance 1,440 1.17 0.00* Aditya Birla Nuvo Ltd Finance 12,893 120.42 0.07 Zydus Wellness Ltd Consumer Non Durables 200,000 760.70 0.41 Indusind Bank Ltd Banks 9,691 31.09 0.02 Total 428,091.21 92.38 Exide Industries Ltd Auto Ancillaries 350,000 521.14 0.28 Total 165,051.31 96.12 Voltas Limited Construction Project 450,000 504.22 0.27

Debt Instruments Rating Gateway Distriparks Ltd Transportation 60,740 93.59 0.05 Call, Cash & Other Assets 6,674.10 3.88 (a) Listed/Awaiting listing on Stock Exchanges Housing Development Finance Corp. Ltd.(Warrants) Finance 70 0.06 0.00* Total 177,122.92 95.50 Non-Traded/Thinly Traded Scrips Net Assets 171,725.41 100.00 Dr Reddy'S Laboratories Ltd ICRA AA+ 2,100,000 104.31 0.02 (b) Preference Shares Total 104.31 0.02 Trent Ltd., CC PS Sr. B Retailing 15,938 142.64 0.08 Note: Total 142.64 0.08 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Totals 428,195.52 92.40 (c) Unlisted** NAV as on 30-Sep-2011 Numero Uno International Ltd 73,500 0.01 0.00* Dividend Plan (`) 13.4137 Call,Cash & Other Assets 35,217.45 7.60 Quantum Information Services 38,000 0.52 0.00* Growth Plan (`) 29.3165 Quantum Information Systems 45,000 0.00 0.00* Net Assets 463,412.97 100.00 Total 0.53 0.00* NAV as on 31-Mar-2012 ` *Less than 0.01% Debt Instruments Rating Dividend Plan ( )# 12.0926 Note: (a) Listed/Awaiting listing on Stock Exchanges Growth Plan (`)# 30.8864 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Non-Traded/Thinly Traded Scrips b) Dividends declared during the Half - year ended March 31, 2012: NAV as on 30-Sep-2011 Dr Reddy'S Laboratories Ltd ICRA AA+ 1,474,662 73.25 0.04 Dividend Plan (`) 35.7228 Britannia Industries Ltd CRISIL AAA 8,000 13.31 0.01 Growth Plan (`) 199.1537 Tata Coffee Ltd CARE AA 25,000 12.20 0.01 Plan Name Dividend per unit Total 98.76 0.06 Dividend Plan 2.0000 NAV as on 31-Mar-2012 Totals 177,364.85 95.64 Dividend Plan (`)# 35.0905 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 50.42% Growth Plan (`)# 213.2583 Call,Cash & Other Assets 8,138.60 4.36

b) Dividends declared during the Half - year ended March 31, 2012: Net Assets 185,503.45 100.00 FRANKLIN INDIA TAXSHIELD *Less than 0.01% Note: Company Name Industry Classification Quantity Market Value % to Net Plan Name Dividend per unit ` a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 ( in Lakhs) Assets

Dividend Plan 3.0000 NAV as on 30-Sep-2011 Equity & Equity Related Dividend Plan (`) 24.8926 (a) Listed/Awaiting listing on Stock Exchanges c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 37.45% Growth Plan (`) 207.2344 Infosys Ltd Software 233,750 6,696.82 7.89 Bharti Airtel Ltd Telecom - Services 1,780,200 5,994.82 7.06 TEMPLETON INDIA GROWTH FUND NAV as on 31-Mar-2012 ICICI Bank Ltd Banks 570,018 5,057.48 5.96 Dividend Plan (`)# 23.9292 Company Name Industry Classification Quantity Market Value % to Net HDFC Bank Ltd Banks 760,000 3,952.38 4.66 (` in Lakhs) Assets Growth Plan (`)# 220.4119 b) Dividends declared during the Half - year ended March 31, 2012: Grasim Industries Ltd Cement 135,000 3,549.62 4.18 Equity & Equity Related Indusind Bank Ltd Banks 730,000 2,341.84 2.76 Plan Name Dividend per unit (a) Listed/Awaiting listing on Stock Exchanges Reliance Industries Ltd Petroleum Products 301,000 2,252.23 2.65 Kotak Mahindra Bank Ltd Banks 400,000 2,169.80 2.56 Tata Chemicals Ltd Chemicals 2,252,987 7,785.20 10.82 Dividend Plan 2.5000 ING Vysya Bank Ltd Banks 1,857,340 6,610.27 9.19 Bosch Ltd Auto Ancillaries 25,000 2,062.65 2.43 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 27.84% Crisil Ltd Finance 207,500 2,026.34 2.39 Hindalco Industries Ltd Non - Ferrous Metals 4,100,000 5,307.45 7.38 ` Dr Reddy's Laboratories Ltd Pharmaceuticals 114,000 2,004.86 2.36 Reliance Infrastructure Ltd Power 742,211 4,356.04 6.05 d) ** Total value and percentage of illiquid securities 0.53 Lakhs and 0.0003% of net assets Eicher Motors Ltd Auto 100,746 1,998.05 2.35 India Ltd Auto 300,000 4,047.30 5.63 FRANKLIN INFOTECH FUND Cummins India Ltd Industrial Products 395,000 1,962.56 2.31 Sundaram Finance Ltd Finance 543,036 3,584.85 4.98 Oracle Financial Services Software Ltd Software 73,306 1,920.76 2.26 Reliance Industries Ltd Petroleum Products 455,000 3,404.54 4.73 Company Name Industry Classification Quantity Market Value % to Net (` in Lakhs) Assets Power Grid Corp Of India Power 1,715,784 1,851.33 2.18 Oil & Natural Gas Corp Ltd Oil 1,240,000 3,314.52 4.61 Marico Ltd Consumer Non Durables 1,050,000 1,832.25 2.16 Tata Investment Corp Ltd Finance 699,785 3,097.25 4.31 Equity & Equity Related Housing Development Finance Corp Finance 270,000 1,818.72 2.14 Grasim Industries Ltd Cement 110,000 2,892.29 4.02 (a) Listed/Awaiting listing on Stock Exchanges Gujarat Mineral Dev Corp Ltd Minerals/Mining 960,000 1,748.64 2.06 Dr Reddy'S Laboratories Ltd Pharmaceuticals 160,000 2,813.84 3.91 Infosys Ltd Software 200,000 5,729.90 46.41 Mahindra & Mahindra Ltd Auto 228,921 1,595.35 1.88 ICICI Bank Ltd Banks 300,000 2,661.75 3.70 Tata Consultancy Services Ltd Software 280,000 3,269.98 26.48 Cadila Healthcare Pharmaceuticals 200,610 1,524.84 1.80 Sesa Goa Ltd Minerals/Mining 1,100,000 2,136.75 2.97 Wipro Ltd Software 316,666 1,390.16 11.26 Idea Cellular Ltd Telecom - Services 1,500,000 1,482.75 1.75 Apollo Tyres Ltd Auto Ancillaries 2,500,000 1,983.75 2.76 Oracle Financial Services Software Ltd Software 24,000 628.85 5.09 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

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

IPCA Laboratories Ltd Pharmaceuticals 420,000 1,407.00 1.66 Debt Instruments Rating Coromandel International Ltd Fertilisers 225,000 641.48 1.09 Jagran Prakashan Ltd Media & Entertainment 1,354,083 1,362.21 1.60 (a) Listed/Awaiting listing on Stock Exchanges Cipla Ltd Pharmaceuticals 200,000 609.10 1.04 Coal India Ltd Minerals/Mining 365,058 1,252.51 1.48 Non-Traded/Thinly Traded Scrips Gujarat Pipavav Port Ltd Transportation 1,026,000 603.29 1.03 Cipla Ltd Pharmaceuticals 400,000 1,218.20 1.43 Dr Reddy'S Laboratories Ltd ICRA AA+ 162,016 8.05 0.02 Infinite Computer Solutions (India) Ltd Software 739,074 572.41 0.97 Amara Raja Batteries Ltd Auto Ancillaries 405,000 1,185.84 1.40 Total 8.05 0.02 Lupin Ltd Pharmaceuticals 103,156 546.37 0.93 Oil & Natural Gas Corp Ltd Oil 440,000 1,176.12 1.39 Housing Development Finance Corp. Ltd.(Warrants) Finance 658,600 535.38 0.91 Pidilite Industries Ltd Chemicals 600,000 1,065.30 1.25 Totals 30,260.65 91.49 NHPC Ltd Power 2,641,052 518.97 0.88 Bharat Electronics Ltd Industrial Capital Goods 65,000 990.08 1.17 Carborundum Universal Ltd Industrial Products 313,231 488.80 0.83 Asian Paints Ltd Consumer Non Durables 29,000 938.95 1.11 Call, Cash & Other Assets 2,807.32 8.51 Consolidated Construction Consortium Ltd Construction 2,922,858 458.89 0.78 Crompton Greaves Limited Industrial Capital Goods 607,176 838.81 0.99 Zydus Wellness Ltd Consumer Non Durables 120,000 456.42 0.78 India Cements Ltd Cement 750,000 834.75 0.98 Net Assets 33,067.97 100.00 Torrent Pharmaceuticals Ltd Pharmaceuticals 72,115 453.35 0.77 Wipro Ltd Software 185,000 812.15 0.96 VST Industries Ltd Consumer Non Durables 25,000 364.21 0.62 Glaxosmithkline Pharmaceuticals Ltd Pharmaceuticals 35,198 806.32 0.95 *Less than 0.01% Globus Spirits Ltd Consumer Non Durables 354,639 359.07 0.61 GAIL India Ltd Gas 213,971 802.28 0.94 Note: Petronet Lng Ltd Gas 211,554 355.83 0.60 Gujarat State Petronet Ltd Gas 1,017,272 776.69 0.91 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Deepak Fertilizers & Petrochemicals Corporation Chemicals 193,800 292.64 0.50 Indian Oil Corp Ltd Petroleum Products 275,000 722.15 0.85 NAV as on 30-Sep-2011 Limited Pharmaceuticals 72,400 222.74 0.38 Hindalco Industries Ltd Non - Ferrous Metals 530,000 686.09 0.81 ` Dividend Plan ( ) 12.6580 Lancor Holdings Ltd Finance 512,500 198.59 0.34 Steel Authority Of India Ltd Ferrous Metals 725,000 681.86 0.80 ` Growth Plan ( ) 28.0252 Axis Bank Ltd Banks 12,600 144.38 0.25 Dabur India Ltd Consumer Non Durables 600,000 638.40 0.75 Rallis India Limited Pesticides 100,000 121.45 0.21 ICRA Ltd Finance 56,418 632.28 0.74 NAV as on 31-Mar-2012 Aditya Birla Nuvo Ltd Finance 65,000 607.13 0.72 Dividend Plan (`)# 12.5580 Aditya Birla Nuvo Ltd Finance 5,158 48.17 0.08 TVS Motor Company Limited Auto 1,180,000 483.80 0.57 Growth Plan (`)# 29.3951 Berger Paints India Ltd Consumer Non Durables 17,020 18.09 0.03 SKF India Ltd Industrial Products 60,000 413.25 0.49 Indusind Bank Ltd Banks 3,231 10.36 0.02 Axis Bank Ltd Banks 35,000 401.07 0.47 b) Dividends declared during the Half - year ended March 31, 2012: Totals 55,222.82 93.87

Gujarat Pipavav Port Ltd Transportation 615,452 361.89 0.43 Call, Cash & Other Assets 3,622.52 6.13 TV18 Broadcast Ltd Media & Entertainment 1,059,216 292.87 0.34 Plan Name Dividend per unit D B Corp Ltd Media & Entertainment 115,847 254.23 0.30 Dividend Plan 0.7000 Net Assets 58,845.34 100.00 Voltas Limited Construction Project 200,000 224.10 0.26 Exide Industries Ltd Auto Ancillaries 150,000 223.35 0.26 Note: c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 107.81% a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Zydus Wellness Ltd Consumer Non Durables 24,309 92.46 0.11 Gateway Distriparks Ltd Transportation 25,310 39.00 0.05 d) ** Total value and percentage of illiquid securities ` 12.34 Lakhs and 0.037% of net assets NAV as on 30-Sep-2011 Total 78,065.23 91.96 Dividend Plan (`) 10.3227 Growth Plan (`) 11.2324 (b) Unlisted** FRANKLIN INDIA SMALLER COMPANIES FUND NAV as on 31-Mar-2012 Numero Uno International Ltd 2,900 0.00 0.00* Company Name Industry Classification Quantity Market Value % to Net Dividend Plan (`)# 11.1180 Quantum Information Services 3,500 0.05 0.00* (` in Lakhs) Assets Growth Plan (`)# 12.0978 Globsyn Technologies Ltd 30,000 0.00 0.00* Total 0.05 0.00* Equity & Equity Related b) Dividends declared during the Half - year ended March 31, 2012: NIL (a) Listed/Awaiting listing on Stock Exchanges Debt Instruments Rating c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012: 43.36% (a) Listed/Awaiting listing on Stock Exchanges Pidilite Industries Ltd Chemicals 1,188,601 2,110.36 6.23 Non-Traded/Thinly Traded Scrips IPCA Laboratories Ltd Pharmaceuticals 608,583 2,038.75 6.02 FRANKLIN BUILD INDIA FUND Dr Reddy'S Laboratories Ltd ICRA AA+ 510,000 25.33 0.03 Indusind Bank Ltd Banks 511,318 1,640.31 4.84 Company Name Industry Classification Quantity Market Value % to Net Total 25.33 0.03 Gujarat Mineral Dev Corp Ltd Minerals/Mining 801,960 1,460.77 4.31 (` in Lakhs) Assets JK Lakshmi Cement Limited Cement 2,118,612 1,381.34 4.08 Totals 78,090.61 91.99 Yes Bank Ltd Banks 368,984 1,355.28 4.00 Equity & Equity Related Call, Cash & Other Assets 6,812.68 8.01 Amara Raja Batteries Ltd Auto Ancillaries 434,287 1,271.59 3.76 (a) Listed/Awaiting listing on Stock Exchanges

Federal Bank Ltd Banks 272,961 1,162.81 3.43 Oil & Natural Gas Corp Ltd Oil 180,000 481.14 7.10 Net Assets 84,903.29 100.00 Exide Industries Ltd Auto Ancillaries 702,859 1,046.56 3.09 Axis Bank Ltd Banks 32,000 366.69 5.41 Bank Of Baroda Banks 45,500 361.11 5.33 Note: *Less than 0.01% Mahindra & Mahindra Financial Services Ltd Finance 142,095 950.33 2.81 Indusind Bank Ltd Banks 100,000 320.80 4.73 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Orient Paper & Industries Ltd Cement 1,492,122 883.34 2.61 VST Industries Ltd Consumer Non Durables 55,000 801.27 2.37 Mahindra & Mahindra Ltd Auto 45,000 313.61 4.63 NAV as on 30-Sep-2011 Jagran Prakashan Ltd Media & Entertainment 768,694 773.31 2.28 Idea Cellular Ltd Telecom - Services 310,000 306.44 4.52 Dividend Plan (`) 29.0245 India Cements Ltd Cement 643,484 716.20 2.12 Cummins India Ltd Industrial Products 60,000 298.11 4.40 Growth Plan (`) 200.0569 Berger Paints India Ltd Consumer Non Durables 650,658 691.97 2.04 Oracle Financial Services Software Ltd Software 10,000 262.02 3.87 NAV as on 31-Mar-2012 Bajaj Electricals Ltd Consumer Durables 353,984 689.38 2.04 Glaxosmithkline Consumer Dividend Plan (`)# 27.9243 ICRA Ltd Finance 60,000 672.42 1.99 Healthcare Ltd Consumer Non Durables 9,000 247.28 3.65 Growth Plan (`)# 213.4868 Voltas Limited Construction Project 600,000 672.30 1.99 Bharat Petroleum Corporation Ltd Petroleum Products 35,000 244.76 3.61 FDC Ltd Pharmaceuticals 806,547 631.12 1.86 Hero Motocorp Ltd Auto 11,500 236.31 3.49 b) Dividends declared during the Half - year ended March 31, 2012: TV18 Broadcast Ltd Media & Entertainment 2,221,377 614.21 1.81 Orient Paper & Industries Ltd Cement 375,000 222.00 3.28 Plan Name Dividend per unit Cummins India Ltd Industrial Products 121,531 603.83 1.78 JK Lakshmi Cement Limited Cement 325,000 211.90 3.13 Karur Vysya Bank Banks 159,615 595.20 1.76 Coal India Ltd Minerals/Mining 60,000 205.86 3.04 Dividend Plan 3.0000 Deepak Fertilizers & Petrochemicals Corporation Chemicals 393,091 593.57 1.75 Power Grid Corp Of India Power 190,000 205.01 3.02 AIA Engineering Ltd Industrial Capital Goods 156,870 571.71 1.69 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 29.05% ITC Ltd Consumer Non Durables 80,000 181.48 2.68 Sobha Developers Ltd Construction 170,319 562.90 1.66 Bharti Airtel Ltd Telecom - Services 50,000 168.38 2.48 ` d) ** Total value and percentage of illiquid securities 0.05 Lakhs and 0.00001% of net assets Bharti Airtel Ltd Telecom - Services 159,459 536.98 1.59 Jagran Prakashan Ltd Media & Entertainment 155,000 155.93 2.30 TVS Motor Company Limited Auto 1,251,631 513.17 1.52 FRANKLIN INDIA OPPORTUNITIES FUND Reliance Industries Ltd Petroleum Products 20,000 149.65 2.21 Novartis India Ltd Pharmaceuticals 60,372 464.71 1.37 SKF India Ltd Industrial Products 21,000 144.64 2.13 Company Name Industry Classification Quantity Market Value % to Net Navneet Publications India Media & Entertainment 762,032 441.60 1.30 Gujarat Mineral Dev Corp Ltd Minerals/Mining 75,000 136.61 2.02 (` in Lakhs) Assets Rallis India Limited Pesticides 361,200 438.68 1.30 Infosys Ltd Software 4,750 136.09 2.01 Wabco India Ltd Auto Ancillaries 28,376 438.44 1.29 ICICI Bank Ltd Banks 15,000 133.09 1.96 Equity & Equity Related Wyeth Ltd Pharmaceuticals 49,222 427.39 1.26 Torrent Power Ltd Power 60,000 121.05 1.79 (a) Listed/Awaiting listing on Stock Exchanges Grindwell Norton Ltd Industrial Products 147,491 409.66 1.21 Asian Paints Ltd Consumer Non Durables 3,250 105.23 1.55 ICICI Bank Ltd Banks 199,100 1,766.51 5.34 Gateway Distriparks Ltd Transportation 259,609 400.06 1.18 HDFC Bank Ltd Banks 319,032 1,659.13 5.02 Hindalco Industries Ltd Non - Ferrous Metals 75,000 97.09 1.43 Consolidated Construction Consortium Ltd Construction 2,534,565 397.93 1.18 Housing Development Finance Corp Finance 209,671 1,412.34 4.27 Taj GVK Hotels & Resorts Ltd Hotels 100,000 75.60 1.12 Ltd Auto Ancillaries 149,014 385.95 1.14 ITC Ltd Consumer Non Durables 622,539 1,412.23 4.27 Simplex Infrastructures Ltd Construction 32,000 72.24 1.07 Zuari Industries Ltd Fertilisers 77,862 383.43 1.13 Bharti Airtel Ltd Telecom - Services 400,002 1,347.01 4.07 NMDC Ltd Minerals/Mining 40,000 64.43 0.95 Supreme Industries Ltd Industrial Products 184,123 383.25 1.13 Larsen And Toubro Ltd Construction Project 102,247 1,336.21 4.04 Jyoti Structures Ltd Power 120,000 46.67 0.69 Gujarat State Petronet Ltd Gas 495,480 378.30 1.12 Reliance Industries Ltd Petroleum Products 173,165 1,295.71 3.92 Balkrishna Industries Ltd Auto Ancillaries 15,000 38.84 0.57 Axis Bank Ltd Banks 101,541 1,163.56 3.52 Ltd Pharmaceuticals 30,163 362.44 1.07 LIC Housing Finance Ltd Finance 7,617 20.03 0.30 Tata Motors Ltd Auto 393,782 1,085.66 3.28 Adhunik Metaliks Ltd Ferrous Metals 772,776 354.70 1.05 Total 6,130.09 90.47 Infosys Ltd Software 36,888 1,056.82 3.20 Zydus Wellness Ltd Consumer Non Durables 81,976 311.80 0.92 Call, Cash & Other Assets 647.40 9.53 State Bank Of India Banks 42,982 900.47 2.72 Triveni Turbine Ltd Industrial Capital Goods 519,047 247.84 0.73 Titan Industries Ltd Consumer Durables 312,294 713.90 2.16 Finolex Cables Ltd Industrial Products 418,995 130.52 0.39 Net Assets 6,777.49 100.00 Power Finance Corp Ltd Finance 383,434 705.52 2.13 Gujarat Pipavav Port Ltd Transportation 187,863 110.46 0.33 India Cements Ltd Cement 537,292 598.01 1.81 Total 32,008.14 94.53 Mahindra & Mahindra Ltd Auto 83,353 580.89 1.76 Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 NTPC Ltd Power 357,321 581.36 1.76 Totals 32,008.14 94.53 Tata Consultancy Services Ltd Software 49,276 575.47 1.74 NAV as on 30-Sep-2011 Ultra Tech Cement Ltd Cement 37,425 563.98 1.71 Call, Cash & Other Assets 1,848.26 5.47 Dividend Plan (`) 10.2221 Ltd Cement 306,722 525.26 1.59 Growth Plan (`) 10.7010 Indusind Bank Ltd Banks 161,313 517.49 1.56 Net Assets 33,856.40 100.00 IL&Fs Transportation Network Ltd Transportation 253,011 488.44 1.48 NAV as on 31-Mar-2012 ` CESC Ltd Power 171,903 467.83 1.41 Note: Dividend Plan ( )# 10.9968 Growth Plan (`)# 11.5120 Grasim Industries Ltd Cement 16,181 425.46 1.29 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012

Hindalco Industries Ltd Non - Ferrous Metals 325,371 421.19 1.27 b) Dividends declared during the Half - year ended March 31, 2012: NIL Oracle Financial Services Software Ltd Software 15,808 414.20 1.25 NAV as on 30-Sep-2011 Dividend Plan (`) 11.9503 Bajaj Auto Ltd Auto 24,284 407.46 1.23 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012: 57.04% Growth Plan (`) 12.9065 Glaxosmithkline Consumer Healthcare Ltd Consumer Non Durables 14,427 396.38 1.20

Godrej Consumer Pr Consumer Non Durables 80,685 387.01 1.17 NAV as on 31-Mar-2012 FRANKLIN INDIA INDEX FUND - BSE SENSEX PLAN Wipro Ltd Software 79,634 349.59 1.06 Dividend Plan (`)# 12.6576 Kotak Mahindra Bank Ltd Banks 62,575 339.44 1.03 Company Name Industry Classification Quantity Market Value % to Net Growth Plan (`)# 13.6704 ` Power Grid Corp Of India Power 313,584 338.36 1.02 ( in Lakhs) Assets Hero Motocorp Ltd Auto 16,168 332.23 1.00 b) Dividends declared during the Half - year ended March 31, 2012: NIL Equity & Equity Related Exide Industries Ltd Auto Ancillaries 222,636 331.51 1.00 (a) Listed/Awaiting listing on Stock Exchanges Crompton Greaves Limited Industrial Capital Goods 234,172 323.51 0.98 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012: 14.95% Infosys Ltd Software 18,542 531.22 9.78 Lupin Ltd Pharmaceuticals 55,335 293.08 0.89 Reliance Industries Ltd Petroleum Products 68,404 511.83 9.43 Tata Power Co Ltd Power 286,728 289.17 0.87 FRANKLIN INDIA HIGH GROWTH COMPANIES FUND ITC Ltd Consumer Non Durables 204,609 464.16 8.55 Cadila Healthcare Pharmaceuticals 37,262 283.23 0.86 Company Name Industry Classification Quantity Market Value % to Net ICICI Bank Ltd Banks 43,602 386.86 7.13 ACC Ltd Cement 20,709 280.89 0.85 (` in Lakhs) Assets HDFC Bank Ltd Banks 70,445 366.35 6.75 Dr Reddy's Laboratories Ltd Pharmaceuticals 13,433 236.24 0.71 Housing Development Finance Corp Finance 49,956 336.50 6.20 Tata Steel Ltd Ferrous Metals 50,002 235.21 0.71 Equity & Equity Related Larsen And Toubro Ltd Construction Project 20,744 271.09 4.99 Limited Non - Ferrous Metals 177,558 234.82 0.71 (a) Listed/Awaiting listing on Stock Exchanges Tata Consultancy Services Ltd Software 22,346 260.97 4.81 Jubilant Foodworks Limited Consumer Non Durables 19,956 233.12 0.70 Bharti Airtel Ltd Telecom - Services 1,398,294 4,708.76 8.00 Bata India Ltd Consumer Durables 29,507 226.97 0.69 State Bank Of India Banks 10,853 227.37 4.19 ICICI Bank Ltd Banks 515,742 4,575.92 7.78 Bharat Heavy Electricals Ltd Industrial Capital Goods 87,236 224.15 0.68 Oil & Natural Gas Corp Ltd Oil 66,133 176.77 3.26 Pidilite Industries Ltd Chemicals 1,885,708 3,348.07 5.69 Dish TV India Ltd Media & Entertainment 348,250 222.36 0.67 Tata Motors Ltd Auto 62,839 173.25 3.19 HDFC Bank Ltd Banks 619,480 3,221.61 5.47 ICRA Ltd Finance 17,944 201.10 0.61 Ltd Consumer Non Durables 41,488 170.06 3.13 Amara Raja Batteries Ltd Auto Ancillaries 847,231 2,480.69 4.22 Union Bank Of India Ltd Banks 80,914 190.03 0.57 Bharti Airtel Ltd Telecom - Services 50,451 169.89 3.13 Dr Reddy's Laboratories Ltd Pharmaceuticals 127,977 2,250.67 3.82 Voltas Limited Construction Project 159,673 178.91 0.54 JK Lakshmi Cement Limited Cement 3,133,415 2,042.99 3.47 Mahindra & Mahindra Ltd Auto 16,825 117.25 2.16 Deepak Fertilizers & Petrochemicals Corporation Chemicals 110,708 167.17 0.51 IPCA Laboratories Ltd Pharmaceuticals 599,674 2,008.91 3.41 Tata Steel Ltd Ferrous Metals 23,883 112.35 2.07 Marico Ltd Consumer Non Durables 89,629 156.40 0.47 Wipro Ltd Software 23,300 102.29 1.88 Bharat Electronics Ltd Industrial Capital Goods 10,329 157.33 0.48 Yes Bank Ltd Banks 446,559 1,640.21 2.79 NTPC Ltd Power 62,575 101.81 1.88 Bajaj Electricals Ltd Consumer Durables 73,888 143.90 0.44 Cummins India Ltd Industrial Products 315,659 1,568.35 2.67 Bajaj Auto Ltd Auto 5,505 92.37 1.70 Infrastructure Development Finance Co Ltd Finance 97,417 131.61 0.40 Godrej Consumer Pr Consumer Non Durables 320,965 1,539.51 2.62 Ashok Leyland Ltd Auto 401,196 121.56 0.37 Gujarat State Petronet Ltd Gas 1,995,150 1,523.30 2.59 Jindal Steel & Power Ltd Ferrous Metals 16,008 87.24 1.61 Asian Paints Ltd Consumer Non Durables 3,504 113.45 0.34 Oracle Financial Services Software Ltd Software 55,391 1,451.35 2.47 Sun Pharmaceutical Industries Ltd Pharmaceuticals 15,319 87.24 1.61 Thermax Ltd Industrial Capital Goods 24,479 113.67 0.34 Apollo Tyres Ltd Auto Ancillaries 1,762,164 1,398.28 2.38 Bharat Heavy Electricals Ltd Industrial Capital Goods 32,454 83.39 1.54 (India) Ltd Software 14,627 106.32 0.32 Glaxosmithkline Consumer Coal India Ltd Minerals/Mining 22,826 78.32 1.44 NHPC Ltd Power 501,755 98.59 0.30 Healthcare Ltd Consumer Non Durables 45,000 1,236.38 2.10 Hero Motocorp Ltd Auto 3,790 77.88 1.43 Cummins India Ltd Industrial Products 18,857 93.69 0.28 TV18 Broadcast Ltd Media & Entertainment 4,379,933 1,211.05 2.06 Maruti Suzuki India Ltd Auto 5,481 73.94 1.36 Idea Cellular Ltd Telecom - Services 86,590 85.59 0.26 TVS Motor Company Limited Auto 2,773,576 1,137.17 1.93 Sterlite Industries (India) Ltd Non - Ferrous Metals 64,219 71.35 1.31 Steel Authority Of India Ltd Ferrous Metals 82,082 77.20 0.23 Crompton Greaves Limited Industrial Capital Goods 809,493 1,118.31 1.90 GAIL India Ltd Gas 18,243 68.40 1.26 Gujarat Pipavav Port Ltd Transportation 93,744 55.11 0.17 Gateway Distriparks Ltd Transportation 725,000 1,117.23 1.90 Hindalco Industries Ltd Non - Ferrous Metals 51,106 66.16 1.22 Cipla Ltd Pharmaceuticals 14,924 45.44 0.14 Redington India Ltd Trading 1,223,718 1,076.87 1.83 Tata Power Co Ltd Power 63,330 63.87 1.18 IPCA Laboratories Ltd Pharmaceuticals 7,107 23.81 0.07 ICRA Ltd Finance 89,005 997.48 1.70 Cipla Ltd Pharmaceuticals 19,930 60.70 1.12 Total 30,240.26 91.44 Adhunik Metaliks Ltd Ferrous Metals 2,113,848 970.26 1.65 DLF Ltd Construction 16,200 32.64 0.60 (b) Unlisted** Karur Vysya Bank Banks 250,000 932.25 1.58 Total 5,423.52 99.91 Mahindra & Mahindra Ltd Auto 129,300 901.09 1.53 Collabera Solutions Private Ltd 489,000 10.64 0.03 Cadila Healthcare Pharmaceuticals 93,930 713.96 1.21 Numero Uno International Ltd 98,000 0.01 0.00* Call,Cash & Other Assets 5.97 0.09 CESC Ltd Power 260,400 708.68 1.20 Quantum Information Services 44,170 0.60 0.00* Chennai Interactive Business Services Pvt Ltd 23,815 1.09 0.00* Voltas Limited Construction Project 598,903 671.07 1.14 Net Assets 5,429.49 100.00 Total 12.34 0.03 Bajaj Electricals Ltd Consumer Durables 335,000 652.41 1.11 UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

FRANKLIN INDIA INDEX FUND - BSE SENSEX PLAN (CONTD.) TEMPLETON INDIA EQUITY INCOME FUND (CONTD.) FT INDIA LIFE STAGE FUND OF FUNDS - THE 20'S PLAN

Note: Company Name Industry Classification Quantity Market Value % to Net Company Name Quantity Market Value % to Net a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 (` in Lakhs) Assets (` in Lakhs) Assets

NAV as on 30-Sep-2011 Samsung Heavy Industries Consumer Durables 100,000 1,694.84 1.70 Mutual Fund Units Dividend Option (`) 46.5597 Uni-President Enterprises Corp Consumer Non Durables 2,000,000 1,408.15 1.41 Franklin India Bluechip Fund 251,374 536.08 50.29 ` Growth Option ( ) 46.5597 KT Corp Industrial Products 200,000 1,395.87 1.40 Templeton India Growth Fund 149,838 164.99 15.48 Franklin India Prima Fund 60,258 162.51 15.25 NAV as on 31-Mar-2012 GS Home Shopping Retailing 25,000 1,261.59 1.26 Templeton India Income Builder Account 295,846 105.23 9.87 Dividend Option (`)# 48.9663 Novatek Microelectronics Corporation Semiconductors 677,438 1,049.68 1.05 Growth Option (`)# 48.9663 Embotelladora Andina SA Consumer Non Durables 400,000 955.41 0.96 Templeton India Income Fund 285,872 103.21 9.68 China Coal Energy Power 1,000,000 571.32 0.57 Total 1,072.02 100.57 b) Dividends declared during the Half - year ended March 31, 2012: NIL

Sinotrans Transportation 4,208,000 399.77 0.40 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012: 14.13% Total 33,549.94 33.61 Call, Cash & Other Assets (6.07) (0.57)

Net Assets 1,065.95 100.00 FRANKLIN INDIA INDEX FUND - NSE NIFTY PLAN Totals 99,458.52 99.64 Company Name Industry Classification Quantity Market Value % to Net ` ( in Lakhs) Assets Call, Cash & Other Assets 362.05 0.36 Note: a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Equity & Equity Related NAV as on 30-Sep-2011 (a) Listed/Awaiting listing on Stock Exchanges Net Assets 99,820.57 100.00 Dividend Option (`)# 29.4976 Infosys Ltd Software 66,025 1,892.47 8.48 ` Note: Growth Option ( )# 34.9011 Reliance Industries Ltd Petroleum Products 231,602 1,738.40 7.79 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 ITC Ltd Consumer Non Durables 728,233 1,652.36 7.41 NAV as on 31-Mar-2012 Dividend Option (`)# 27.2694 ICICI Bank Ltd Banks 157,508 1,402.14 6.28 NAV as on 30-Sep-2011 Growth Option (`)# 37.2557 HDFC Bank Ltd Banks 244,222 1,269.59 5.69 Dividend Plan (`) 11.7925 Housing Development Finance Corp Finance 183,185 1,233.38 5.53 Growth Plan (`) 17.5835 b) Dividends declared during the Half - year ended March 31, 2012: Larsen And Toubro Ltd Construction Project 73,088 956.72 4.29 Dividend per unit Tata Consultancy Services Ltd Software 69,505 812.37 3.64 NAV as on 31-Mar-2012 Plan Name State Bank Of India Banks 35,334 740.72 3.32 Dividend Plan (`)# 12.3199 Individuals/HUF Others Tata Motors Ltd Auto 229,265 631.05 2.83 Growth Plan (`)# 19.4090 Dividend Option 3.5236 3.0201 Hindustan Unilever Ltd Consumer Non Durables 142,246 583.28 2.61 Bharti Airtel Ltd Telecom - Services 165,577 559.48 2.51 b) Dividends declared during the Half - year ended March 31, 2012: c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 29.16% Oil & Natural Gas Corp Ltd Oil 196,296 526.76 2.36 Mahindra & Mahindra Ltd Auto 61,438 430.19 1.93 Plan Name Dividend per unit FT INDIA LIFE STAGE FUND OF FUNDS - THE 30'S PLAN Tata Steel Ltd Ferrous Metals 86,906 409.98 1.84 Dividend Plan 0.7000 Company Name Quantity Market Value % to Net Axis Bank Ltd Banks 35,274 404.31 1.81 (` in Lakhs) Assets Bajaj Auto Ltd Auto 18,497 310.53 1.39 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 4.71% Mutual Fund Units Wipro Ltd Software 69,449 305.65 1.37 Franklin India Bluechip Fund 126,516 269.81 35.55 Dr Reddy'S Laboratories Ltd Pharmaceuticals 16,759 295.75 1.33 FRANKLIN ASIAN EQUITY FUND Templeton India Income Fund 616,616 222.62 29.33 Coal India Ltd Minerals/Mining 85,455 293.88 1.32 Templeton India Income Builder Account 425,266 151.26 19.93 Company Name Industry Classification Quantity Market Value % to Net Templeton India Growth Fund 53,823 59.26 7.81 Sun Pharmaceutical Industries Ltd Pharmaceuticals 51,563 293.88 1.32 (` in Lakhs) Assets Franklin India Prima Fund 21,665 58.43 7.70 Jindal Steel & Pwr Ferrous Metals 53,221 290.13 1.30 Equity & Equity Related Total 761.38 100.32 NTPC Ltd Power 174,822 284.52 1.28 Bharat Heavy Electricals Ltd Industrial Capital Goods 108,329 278.57 1.25 (a) Listed/Awaiting listing on Stock Exchanges Call, Cash & Other Assets (2.36) (0.32) Hero Motocorp Ltd Auto 13,124 269.73 1.21 Bharti Airtel Ltd Telecom - Services 149,117 502.15 2.69 Kotak Mahindra Bank Ltd Banks 49,110 267.82 1.20 Asian Paints Ltd Consumer Non Durables 10,440 338.02 1.81 Net Assets 759.02 100.00 Maruti Suzuki India Ltd Auto 18,117 244.67 1.10 Nestle India Ltd Consumer Non Durables 7,223 332.46 1.78 Note: GAIL India Ltd Gas 61,408 231.05 1.04 Mahindra & Mahindra Ltd Auto 42,459 295.90 1.58 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Hindalco Industries Ltd Non - Ferrous Metals 177,603 229.82 1.03 Power Grid Corp Of India Power 219,293 236.62 1.27 Sterlite Industries (India) Ltd Non - Ferrous Metals 206,728 229.57 1.03 D B Corp Ltd Media & Entertainment 92,393 202.76 1.08 NAV as on 30-Sep-2011 Dividend Option (`)# 23.5963 Grasim Industries Ltd Cement 8,517 223.75 1.00 Yes Bank Ltd Banks 51,964 190.86 1.02 Growth Option (`)# 27.4480 Tata Power Co Ltd Power 221,825 223.93 1.00 Federal Bank Ltd Banks 43,775 186.48 1.00 NAV as on 31-Mar-2012 Cipla Ltd Pharmaceuticals 69,502 212.05 0.95 Mahindra & Mahindra Financial Services Ltd Finance 26,975 180.41 0.96 Dividend Option (`)# 22.0716 Power Grid Corp Of India Power 193,474 209.24 0.94 Thermax Ltd Industrial Capital Goods 38,836 180.33 0.96 Growth Option (`)# 29.0264 Infrastructure Development Finance Co Ltd Finance 153,772 207.59 0.93 Motilal Oswal Financial Services Ltd Finance 175,200 180.28 0.96 Ambuja Cements Ltd Cement 109,034 187.76 0.84 Gujarat Mineral Dev Corp Ltd Minerals/Mining 85,942 156.54 0.84 b) Dividends declared during the Half - year ended March 31, 2012: Cairn India Ltd Oil 55,092 183.95 0.82 Standard Chartered PLC Banks 135,503 127.44 0.68 ACC Ltd Cement 13,421 182.45 0.82 Dividend per unit Cummins India Ltd Industrial Products 18,035 89.62 0.48 Punjab National Bank Ltd Banks 18,173 168.10 0.75 Plan Name Total 3,199.87 17.11 Individuals/HUF Others HCL Technologies Ltd Software 32,960 159.28 0.71

Jaiprakash Associates Ltd Construction 156,914 128.20 0.57 Dividend Option 2.4225 2.0763 Foreign Equity Securities Ltd Industrial Capital Goods 16,805 127.63 0.57 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 15.17% Bharat Petroleum Corporation Ltd Petroleum Products 17,809 124.71 0.56 Samsung Electronics Hardware 1,789 1,024.08 5.48 Reliance Infrastructure Ltd Power 18,955 111.31 0.50 Taiwan Semiconductor Manufacturing Hardware 558,835 817.74 4.37 FT INDIA LIFE STAGE FUND OF FUNDS - THE 40'S PLAN Sesa Goa Ltd Minerals/Mining 52,509 102.24 0.46 China Shenhua Energy Power 377,040 807.79 4.32 DLF Ltd Construction 49,780 100.44 0.45 China Mobile Telecom - Services 141,932 794.62 4.25 Company Name Quantity Market Value % to Net (` in Lakhs) Assets Ranbaxy Laboratories Ltd Pharmaceuticals 20,753 97.42 0.44 Hong Kong Exchanges & Clearing Finance 84,500 721.94 3.86 Reliance Power Ltd Power 75,201 88.11 0.39 Dongfeng Motor Group Auto 720,000 660.43 3.53 Mutual Fund Units Reliance Communications Ltd Telecom - Services 91,224 76.68 0.34 CJ O Shopping Co Retailing 4,903 572.33 3.06 Templeton India Income Fund 1,153,844 416.58 34.30 Steel Authority Of India Ltd Ferrous Metals 80,316 75.70 0.34 Singapore Exchange Finance 202,318 568.27 3.04 Franklin India Bluechip Fund 116,689 248.85 20.49 Templeton India Income Builder Account 1,023,424 364.02 29.98 Total 22,059.31 98.87 Dairy Farm International Holdings Consumer Non Durables 99,080 526.20 2.81 Franklin India Prima Fund 46,446 125.26 10.31 PetroChina Petroleum Products 650,466 466.24 2.49 Templeton India Growth Fund 57,816 63.66 5.24 Call, Cash & Other Assets 252.68 1.13 China Overseas Land & Investment Construction 443,600 428.40 2.29 Total 1,218.37 100.32 Meritz Fire & Marine Insurance Finance 69,226 400.93 2.14 Net Assets 22,311.99 100.00 GS Engineering & Construction Construction 8,506 381.51 2.04 Call, Cash & Other Assets (3.99) (0.32) Hyundai Motor Co. Ltd. Auto 3,474 363.41 1.94 Note: Net Assets 1,214.38 100.00 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Industrial and Commercial Bank of China Banks 1,074,973 352.86 1.89 SK Innovation Co. Ltd Petroleum Products 4,760 353.69 1.89 Note: NAV as on 30-Sep-2011 Synnex Technology International Trading 279,278 352.83 1.89 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Dividend Option (`) 39.0407 Growth Option (`) 39.0407 China Merchants Bank Banks 320,500 333.46 1.78 AIA Group Finance 162,800 303.46 1.62 NAV as on 30-Sep-2011 NAV as on 31-Mar-2012 Parkson Retail Group Retailing 514,810 297.16 1.59 Dividend Option (`)# 14.8350 ` Dividend Option ( )# 41.5431 Korea Zinc Co. Non - Ferrous Metals 1,591 279.65 1.50 Growth Option (`)# 23.1549 Growth Option (`)# 41.5431 PT XL Axiata Tbk Industrial Products 994,177 279.31 1.49 NAV as on 31-Mar-2012 b) Dividends declared during the Half - year ended March 31, 2012: NIL Chinatrust Financial Holding Co. Ltd. Banks 848,119 271.16 1.45 Dividend Option (`)# 14.0429 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 16.53% Bangkok Bank Public Co Banks 70,485 225.59 1.21 Growth Option (`)# 24.3695 Esprit Holdings Retailing 214,411 219.15 1.17 TEMPLETON INDIA EQUITY INCOME FUND Simplo Technology Co Hardware 55,309 212.11 1.13 b) Dividends declared during the Half - year ended March 31, 2012: Company Name Industry Classification Quantity Market Value % to Net Cheng Shin Rubber Industry Auto Ancillaries 171,606 209.70 1.12 (` in Lakhs) Assets Keppel Corp Diversified 46,000 204.61 1.09 Dividend per unit PT Adaro Energy Minerals/Mining 1,864,000 200.14 1.07 Plan Name Equity & Equity Related CNOOC Oil 189,000 197.63 1.06 Individuals/HUF Others (a) Listed/Awaiting listing on Stock Exchanges Singapore Telecommunications Telecom - Services 152,000 193.78 1.04 Sundaram Finance Ltd Finance 1,440,915 9,512.20 9.53 Dividend Option 1.3214 1.1325 L'occitane International SA Consumer Non Durables 144,500 174.96 0.94 Tata Chemicals Ltd Chemicals 2,732,129 9,440.87 9.46 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 6.50% Siam Commercial Bank Banks 74,511 176.40 0.94 Oil & Natural Gas Corp Ltd Oil 2,400,000 6,415.20 6.43 Woori Finance Holdings Banks 29,004 169.28 0.91 Grasim Industries Ltd Cement 210,060 5,523.21 5.53 NVC Lighting Holdings Consumer Non Durables 857,000 161.15 0.86 FT INDA LIFE STAGE FUND OF FUNDS - THE 50'S PLUS PLAN ICICI Bank Ltd Banks 550,000 4,879.88 4.89 Anhui Conch Cement Co Cement 89,865 144.55 0.77 Company Name Quantity Market Value % to Net ING Vysya Bank Ltd Banks 1,229,832 4,376.97 4.38 ` Asian Property Development Public Construction Project 1,431,720 144.08 0.77 ( in Lakhs) Assets Hindalco Industries Ltd Non - Ferrous Metals 3,200,000 4,142.40 4.15 Tata Investment Corp Ltd Finance 842,863 3,730.51 3.74 Gamevil Inc Software 4,382 143.42 0.77 Mutual Fund Units JK Cements Ltd Cement 1,876,794 3,019.76 3.03 Fubon Financial Holding Co. Ltd. Banks 199,650 114.42 0.61 Templeton India Income Fund 1,673,495 604.19 44.02 E.I.D.-Parry(India) Ltd Consumer Non Durables 1,458,276 2,766.35 2.77 Formosa Plastic Corp. Petroleum Products 68,867 103.15 0.55 Templeton India Income Builder Account 1,151,147 409.46 29.83 Reliance Industries Ltd Petroleum Products 340,000 2,544.05 2.55 Far Eastern Department Stores Ltd. Retailing 158,244 102.96 0.55 Franklin India Bluechip Fund 101,346 216.13 15.75 Tata Steel Ltd Ferrous Metals 450,000 2,116.80 2.12 Catcher Technology Co. Ltd. Hardware 27,954 100.46 0.54 Templeton India Growth Fund 134,741 148.37 10.81 GAIL India Ltd Gas 500,000 1,874.75 1.88 Seoul Semiconductor Hardware 9,488 101.17 0.54 Total 1,378.15 100.41 Sesa Goa Ltd Minerals/Mining 750,000 1,456.88 1.46 Yuanta Financial Holding Co. Finance 349,543 92.48 0.49

Steel Authority Of India Ltd Ferrous Metals 1,100,000 1,034.55 1.04 SK Telecom Co Telecom - Services 1,138 71.27 0.38 Call, Cash & Other Assets (5.67) (0.41) Gujarat Gas Co Ltd Gas 200,000 779.30 0.78 Travelsky Technology Software 41,000 10.93 0.06

Bajaj Holdings And Investment Ltd Finance 81,332 661.51 0.66 Gourmet Master Co. Ltd. Consumer Non Durables 1,500 6.32 0.03 Net Assets 1,372.48 100.00 HCL Infosystems Ltd Hardware 1,193,129 542.28 0.54 Total 14,837.18 79.32 Usha Martin Ltd Ferrous Metals 1,541,374 473.20 0.47 Note: MOIL Ltd Ferrous Metals 118,902 298.03 0.30 Totals 18,037.05 96.43 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Bharti Airtel Ltd Telecom - Services 50,000 168.38 0.17 Ashok Leyland Ltd Auto 500,000 151.50 0.15 Call,Cash & Other Assets 663.89 3.57 NAV as on 30-Sep-2011 Total 65,908.58 66.03 Dividend Option (`)# 12.1271 Net Assets 18,700.94 100.00 Growth Option (`)# 18.8031 Foreign Equity Securities Lukoil - ADR Oil 130,000 4,037.30 4.04 Note: NAV as on 31-Mar-2012 Cosco Pacific Transportation 5,200,000 3,979.34 3.99 a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Dividend Option (`)# 12.3628 United Microelectronics Corporation Semiconductors 13,000,000 3,237.71 3.24 Growth Option (`)# 19.7408 NAV as on 30-Sep-2011 Lotte Shopping Retailing 20,000 3,187.65 3.19 Dividend Plan (`) 9.8195 IS Yatirim Menkul Degerler AS Finance 4,355,582 2,362.73 2.37 Growth Plan (`) 9.8195 b) Aggregate Dividends declared during the Half - year ended March 31, 2012: Travelsky Technology Software 8,334,000 2,222.35 2.23 Dividend per unit Shanghai Prime Machinery Company Industrial Products 25,000,000 2,080.22 2.08 NAV as on 31-Mar-2012 Dividend Plan (`)# 11.6887 Plan Name Anglo American PLC Minerals/Mining 100,000 1,921.87 1.93 Growth Plan (`)# 11.6887 Individuals/HUF Others Chongqing Machinery Dividend Option 0.2643 0.2265 and Electric Company Industrial Capital Goods 18,780,000 1,784.14 1.79 b) Dividends declared during the Half - year ended March 31, 2012: NIL c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 54.78% c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012 16.97% UNAUDITED HALF - YEARLY PORTFOLIO STATEMENT OF THE SCHEMES OF FRANKLIN TEMPLETON MUTUAL FUND AS ON MARCH 31, 2012

Note for all Funds: FT INDIA LIFE STAGE FUND OF FUNDS - THE 50'S PLUS FLOATING RATE PLAN FT INDIA DYNAMIC PE RATIO FUND OF FUNDS (CONTD.) i ) Total NPA's provided : Nil Company Name Quantity Market Value % to Net Note: (` in Lakhs) Assets a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 ii) Total value and percentage of Illiquid equity shares has been disclosed below the respective Mutual Fund Units Portfolios'. NAV as on 30-Sep-2011 Templeton Floating Rate Income Fund 38,838,023 7,593.69 81.98 Dividend Plan (`)# 32.1886 iii) NAV at the beginning and end of the Half-year period and any dividend, bonus etc. declared during Franklin India Bluechip Fund 687,177 1,465.46 15.82 Growth Plan (`)# 39.4485 the period has been disclosed below the respective portfolios' Templeton India Growth Fund 457,163 503.40 5.43 Total 9,562.55 103.23 iv) There is no exposure to Derivative Instruments as on March 31, 2012. NAV as on 31-Mar-2012 ` Call, Cash & Other Assets (299.13) (3.23) Dividend Plan ( )# 33.0243 v) The percentage in terms of market value of investments made in Foreign Securities/ADRs/GDRs as Growth Plan (`)# 41.7490 at March 31, 2012 is as under: Net Assets 9,263.42 100.00 b) Dividends declared during the Half - year ended March 31, 2012: Scheme Name Market Value (` in Lakhs) Percentage to Net Assets Note: Templeton India Equity Income Fund 33,549.94 33.61% a) NAV at the beginning and at the end of the Half-year ended March 31, 2012 Dividend per unit Plan Name Franklin Asian Equity Fund 14,837.18 79.32% NAV as on 30-Sep-2011 Individuals/HUF Others FT India Feeder - Franklin U.S. 14,049.16 97.83% Dividend Option (`)# 12.7674 Growth Option (`)# 19.6855 Dividend Plan 0.8809 0.7550 Opportunities Fund vi ) The following are details of schemes/plans launched/allotted during the Half Year: NAV as on 31-Mar-2012 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012: 35.72% Dividend Option (`)# 13.0514 Scheme Name Launch Date Allotment Date Growth Option (`)# 20.6908 FT INDIA FEEDER - FRANKLIN U.S. OPPORTUNITIES FUND Templeton India Corporate Bond b) Aggregate Dividends declared during the Half - year ended March 31, 2012: Company Name Quantity Market Value % to Net Opportunities Fund November 15, 2011 December 7, 2011 (` in Lakhs) Assets Franklin Templeton Fixed Tenure Fund Dividend per unit - Series XVI January 17, 2012 February 7, 2012 Plan Name Mutual Fund Units FT India Feeder - Franklin U.S. Individuals/HUF Others FTIF - Franklin U.S. Opportunities Fund, Class I (Acc) 1,372,645 14,049.16 97.83 Opportunities Fund January 17, 2012 February 6, 2012 Dividend Option 0.2643 0.2265 Total 14,049.16 97.83 vii ) During the Half-year, the under mention Scheme matured : Totals 14,049.16 97.83 c) Portfolio Turnover Ratio during the Half - year ended March 31, 2012: 11.45% Scheme Name Maturity Date Call, Cash & Other Assets 311.06 2.17 FT INDIA DYNAMIC PE RATIO FUND OF FUNDS Franklin Templeton Capital Safety Fund - 5 Years Plan December 29, 2011 Company Name Quantity Market Value % to Net Net Assets 14,360.22 100.00 (` in Lakhs) Assets viii) Past Performance may or may not be sustained in the future Note: Mutual Fund Units a) NAV at the end of the Half-year ended March 31, 2012 ix ) Average Maturity of all the debt oriented schemes is expressed as the weighted average maturity of Franklin India Bluechip Fund 40,732,741 86,865.95 60.27 the portfolio in the fund in terms of no. of years Templeton India Income Fund 161,269,160 58,223.97 40.40 NAV as on 31-Mar-2012 x ) The portfolio turnover ratio for all the equity oriented schemes is the lower of purchases or sales to Total 145,089.92 100.67 Dividend Plan (`)# 11.1000 the average Net Assets during the Half-year ended March 31, 2012 ` Call, Cash & Other Assets (963.25) (0.67) Growth Plan ( )# 11.1000 xii ) Pursuant to payment of dividend, NAV of all the Scheme would fall to the extent of payout and Net Assets 144,126.67 100.00 b) Dividends declared during the Half - year ended March 31, 2012: NIL statutory levy ( as applicable)

xiii) Securitised debt instruments are valued at clean price.

xiv) # computed NAV but not declared.