GOLDMAN SACHS MUTUAL FUND 951-A, Rational House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Tel. (9122) 6616 9000  Fax: (9122) 6627 9245  Toll Free: 1800-266-1220 E-mail us at [email protected].  Visit us at www.gsam.in HALF-YEARLY FINANCIAL RESULTS (UNAUDITED) FOR THE PERIOD ENDED MARCH 31, 2014 Investors / Unit holders are requested to note that the unaudited fi nancial results of the schemes of Goldman Sachs Mutual Fund for the half-year ended March 31, 2014 have been hosted on the website of Mutual Fund www.gsam.in HALF-YEARLY PORTFOLIO AS ON MARCH 31, 2014 ( Pursuant to Regulation 59A of Securities and Exchange Board of India [ Mutual Funds ] Regulations, 1996 )

Goldman Sachs Nifty Exchange Traded Scheme (GS NIFTY BeES) Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets 39 INE465A01025 Bharat Forge Limited Industrial Products 20,651 87.11 1.43% 40 INE094A01015 Hindustan Petroleum Corporation Limited Petroleum Products 27,576 85.43 1.40% (a) EQUITY & EQUITY RELATED 41 INE092A01019 Tata Chemicals Limited Chemicals 29,255 84.02 1.38% INSTRUMENTS 42 INE264A01014 GlaxoSmithKline Consumer Healthcare Limited Consumer Non Durables 1,929 82.95 1.36% LISTED 43 INE614G01033 Reliance Power Limited Power 116,889 82.58 1.35% 1 INE154A01025 ITC Limited Consumer Non Durables 924,010 3,260.37 8.68% 44 INE084A01016 Bank of India Banks 35,629 81.41 1.33% 2 INE009A01021 Infosys Limited Software 80,664 2,648.04 7.05% 45 INE918I01018 Bajaj Finserv Limited Finance 9,943 78.36 1.28% 3 INE002A01018 Reliance Industries Limited Petroleum Products 274,722 2,556.98 6.81% 46 INE347G01014 Petronet LNG Limited Gas 49,972 68.46 1.12% 4 INE090A01013 ICICI Bank Limited Banks 192,922 2,401.98 6.39% 47 INE013A01015 Reliance Capital Limited Finance 18,764 64.90 1.06% 5 INE040A01026 HDFC Bank Limited Banks 309,718 2,319.17 6.17% 48 INE476A01014 Canara Bank Banks 23,820 62.97 1.03% 6 INE001A01036 Housing Development Finance Corporation Limited Finance 260,610 2,303.53 6.13% 49 INE692A01016 Union Bank of India Banks 41,865 57.52 0.94% 7 INE467B01029 Tata Consultancy Services Limited Software 85,436 1,822.48 4.85% 50 INE356A01018 MphasiS Limited Software 12,230 49.41 0.81% 8 INE018A01030 Larsen & Toubro Limited Construction Project 136,163 1,731.86 4.61% Total 6,092.55 99.75% 9 INE155A01022 Tata Motors Limited Auto 300,304 1,197.16 3.19% 10 INE062A01012 State Bank of India Banks 51,653 990.55 2.64% (b) SECURITIZED DEBT - - 11 INE213A01029 Oil & Natural Gas Corporation Limited Oil 295,669 942.30 2.51% Total - - 12 INE238A01026 Axis Bank Limited Banks 51,860 757.42 2.02% (c) NET CURRENT ASSETS 15.31 0.25% 13 INE101A01026 Mahindra & Mahindra Limited Auto 76,940 754.55 2.01% Total 15.31 0.25% 14 INE044A01036 Sun Pharmaceuticals Industries Limited Pharmaceuticals 125,796 723.01 1.92% TOTAL NET ASSETS 6,107.86 100.00% 15 INE030A01027 Hindustan Unilever Limited Consumer Non Durables 118,246 716.04 1.91% 16 INE397D01024 Bharti Airtel Limited Telecom - Services 198,853 631.86 1.68% *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002 17 INE860A01027 HCL Technologies Limited Software 44,695 621.57 1.65% NOTES : 18 INE075A01022 Wipro Limited Software 109,214 593.25 1.58% 1. Total NPAs provided for Nil 19 INE089A01023 Dr. Reddy's Laboratories Limited Pharmaceuticals 21,170 542.78 1.44% 2. Total value and percentage of illiquid equity shares Nil 20 INE237A01028 Kotak Mahindra Bank Limited Banks 63,660 497.22 1.32% 3. NAV at the beginning of the half-year period (Rs. per unit) 113.5140 21 INE917I01010 Bajaj Auto Limited Auto 22,425 467.25 1.24% 4. NAV at the end of the half-year period (Rs. per unit) 135.2736 5. Exposure to derivative instrument at the end of the half-year period Nil 22 INE158A01026 Hero MotoCorp Limited Auto 20,048 456.05 1.21% 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 23 INE669C01028 Tech Mahindra Limited Software 24,860 446.32 1.19% 7. Portfolio Turnover Ratio 0.30 24 INE081A01012 Tata Steel Limited Ferrous Metals 111,406 438.88 1.17% 8. Dividend declared during the half year period (Rs. per unit) 1.00 25 INE585B01010 Maruti Suzuki India Limited Auto 22,105 435.86 1.16% 9. Repo transactions in corporate debt securities Nil 26 INE021A01026 Asian Paints Limited Consumer Non Durables 75,672 414.64 1.10% 27 INE733E01010 NTPC Limited Power 344,454 413.00 1.10% Goldman Sachs Liquid Exchange Traded Scheme (GS LIQUID BeES) 28 INE205A01025 Sesa Sterlite Limited Minerals/Mining 206,541 389.43 1.04% 29 INE752E01010 Power Grid Corporation of India Limited Power 368,079 386.48 1.03% Sr. ISIN Name of Instrument Rating Quantity Market value % to Net 30 INE326A01037 Lupin Limited Pharmaceuticals 39,886 372.20 0.99% No. (Rs. in lakhs) Assets 31 INE481G01011 UltraTech Cement Limited Cement 16,978 371.30 0.99% (a) DEBT INSTRUMENTS - - 32 INE095A01012 IndusInd Bank Limited Banks 71,193 357.28 0.95% Total - - 33 INE854D01016 United Spirits Limited Consumer Non Durables 13,209 349.70 0.93% (b) SECURITIZED DEBT - - 34 INE910H01017 Cairn India Limited Oil 98,747 328.83 0.88% 35 INE059A01026 Cipla Limited Pharmaceuticals 84,792 324.58 0.86% Total - - 36 INE047A01013 Grasim Industries Limited Cement 10,626 306.88 0.82% (c) FIXED DEPOSIT PLACED AS A MARGIN 37 INE522F01014 Coal India Limited Minerals/Mining 105,546 304.76 0.81% 1 8.00% Citibank N.A. (April 24, 2014) 1,000.00 1.82% 38 INE038A01020 Hindalco Industries Limited Non - Ferrous Metals 214,930 304.66 0.81% 2 8.00% Citibank N.A. (May 06, 2014) 200.00 0.36% 39 INE129A01019 GAIL (India) Limited Gas 75,059 282.26 0.75% Total 1,200.00 2.18% 40 INE257A01026 Bharat Heavy Electricals Limited Industrial Capital Goods 132,017 258.82 0.69% (d) COLLATERALISED BORROWING AND 41 INE079A01024 Ambuja Cements Limited Cement 127,923 258.66 0.69% LENDING OBLIGATION 53,283.87 96.97% 42 INE043D01016 IDFC Limited Finance 209,680 256.33 0.68% Total 53,283.87 96.97% 43 INE028A01013 Bank of Baroda Banks 31,997 230.62 0.61% (e) NET CURRENT ASSETS 465.85 0.85% 44 INE245A01021 Tata Power Company Limited Power 265,648 226.20 0.60% Total 465.85 0.85% 45 INE012A01025 ACC Limited Cement 15,630 218.75 0.58% 46 INE029A01011 Bharat Petroleum Corporation Limited Petroleum Products 43,183 198.66 0.53% TOTAL NET ASSETS 54,949.72 100.00% 47 INE160A01014 Punjab National Bank Banks 24,881 185.09 0.49% NOTES : 48 INE584A01023 NMDC Limited Minerals/Mining 132,471 184.47 0.49% 1. Total NPAs provided for Nil 49 INE749A01030 Jindal Steel & Power Limited Ferrous Metals 61,658 180.32 0.48% 2. Total value and percentage of illiquid equity shares Nil 50 INE271C01023 DLF Limited Construction 74,630 131.68 0.35% 3. NAV at the beginning of the half year period (Rs. per unit) 1,000.0000 4. NAV at the end of the half year period (Rs. per unit) 1,000.0000 Total 37,492.08 99.79% 5. Exposure to derivative instrument at the end of the half-year period Nil UNLISTED 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 51 Tata Power Company Limited - Rights ** Power 39,625 9.96 0.03% 7. Average Maturity Period (in days) 2.53 Total 9.96 0.03% 8. Dividend declared during the half year period (Rs. per unit) (b) SECURITIZED DEBT - - Individual & HUF 30.020319 Others 28.751081 Total - - 9. Repo transactions in corporate debt securities Nil (c) NET CURRENT ASSETS 68.55 0.18% Total 68.55 0.18% Goldman Sachs Banking Index Exchange Traded Scheme (GS BANK BeES) TOTAL NET ASSETS 37,570.59 100.00% Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002 No. Classifi cation* (Rs. in lakhs) Assets **Indicates thinly traded/non traded and illiquid securities as defi ned in SEBI Regulations and Guidelines (a) EQUITY & EQUITY RELATED NOTES : INSTRUMENTS 1. Total NPAs provided for Nil LISTED 2. Total value of illiquid equity shares amounts to Rs. 9.96 Lakhs and its percentage to Net Asset Value is 0.03% 1 INE090A01013 ICICI Bank Limited Banks 110,158 1,371.52 29.19% 3. NAV at the beginning of the half-year period (Rs. per unit) 580.7267 2 INE040A01026 HDFC Bank Limited Banks 176,849 1,324.25 28.18% 4. NAV at the end of the half-year period (Rs. per unit) 672.4072 5. Exposure to derivative instrument at the end of the half-year period Nil 3 INE062A01012 State Bank of India Banks 29,494 565.61 12.04% 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 4 INE238A01026 Axis Bank Limited Banks 29,612 432.48 9.20% 7. Portfolio Turnover Ratio 1.19 5 INE237A01028 Kotak Mahindra Bank Limited Banks 36,350 283.91 6.04% 8. Dividend declared during the half year period (Rs. per unit) 7.00 6 INE095A01012 IndusInd Bank Limited Banks 40,651 204.01 4.34% 9. Repo transactions in corporate debt securities Nil 7 INE028A01013 Bank of Baroda Banks 18,270 131.68 2.80% 8 INE528G01019 YES Bank Limited Banks 25,614 106.03 2.26% Goldman Sachs Nifty Junior Exchange Traded Scheme (GS JUNIOR BeES) 9 INE160A01014 Punjab National Bank Banks 14,207 105.69 2.25% 10 INE171A01029 The Federal Bank Limited Banks 81,687 78.22 1.66% Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net 11 INE084A01016 Bank of India Banks 20,409 46.63 0.99% No. Classifi cation* (Rs. in lakhs) Assets 12 INE476A01014 Canara Bank Banks 13,644 36.07 0.77% EQUITY & EQUITY RELATED (a) Total 4,686.09 99.72% INSTRUMENTS (b) SECURITIZED DEBT - - LISTED 1 INE256A01028 Zee Entertainment Enterprises Limited Media & Entertainment 91,056 247.08 4.05% Total - - 2 INE721A01013 Shriram Transport Finance Company Limited Finance 27,998 214.88 3.52% (c) NET CURRENT ASSETS 13.31 0.28% 3 INE019A01020 JSW Steel Limited Ferrous Metals 19,200 198.92 3.26% Total 13.31 0.28% 4 INE528G01019 Yes Bank Limited Banks 44,716 185.10 3.03% TOTAL NET ASSETS 4,699.40 100.00% 5 INE669E01016 Idea Cellular Limited Telecom - Services 134,524 184.90 3.03% *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002. 6 INE280A01028 Titan Company Limited Consumer Durables 69,424 182.38 2.99% 7 INE159A01016 GlaxoSmithKline Pharmaceuticals Limited Pharmaceuticals 6,960 179.09 2.93% NOTES : 1. Total NPAs provided for Nil 8 INE102D01028 Godrej Consumer Products Limited Consumer Non Durables 20,802 178.76 2.93% 2. Total value and percentage of illiquid equity shares Nil 9 INE423A01024 Adani Enterprises Limited Trading 45,799 168.54 2.76% 3. NAV at the beginning of the half-year period (Rs. per unit) 974.8175 10 INE323A01026 Bosch Limited Auto Ancillaries 1,507 164.15 2.69% 4. NAV at the end of the half-year period (Rs. per unit) 1,278.8378 11 INE016A01026 Dabur India Limited Consumer Non Durables 91,097 163.66 2.68% 5. Exposure to derivative instrument at the end of the half-year period Nil 12 INE742F01042 Adani Ports and Special Economic Zone Limited Transportation 86,203 161.59 2.65% 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 13 INE259A01022 Colgate Palmolive (India) Limited Consumer Non Durables 11,100 152.35 2.49% 7. Portfolio Turnover Ratio 7.55 14 INE361B01024 Divi's Laboratories Limited Pharmaceuticals 10,587 144.61 2.37% 8. Dividend declared during the half year period (Rs. per unit) 11.00 15 INE330H01018 Reliance Communications Limited Telecom - Services 110,724 142.72 2.34% 9. Repo transactions in corporate debt securities Nil 16 INE171A01029 The Federal Bank Limited Banks 142,608 136.55 2.24% 17 INE298A01020 Cummins India Limited Industrial Products 22,625 135.03 2.21% Goldman Sachs Gold Exchange Traded Scheme (GS GOLD BeES) 18 INE935A01035 Glenmark Pharmaceuticals Limited Pharmaceuticals 23,357 132.01 2.16% Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net 19 INE020B01018 Rural Electrifi cation Corporation Limited Finance 54,611 125.44 2.05% No. Classifi cation (Kgs) (Rs. in lakhs) Assets 20 INE115A01026 LIC Housing Finance Limited Finance 50,175 118.49 1.94% 21 INE121J01017 Bharti Infratel Limited Telecom - Equipment & (a) GOLD Accessories 57,276 116.50 1.91% Gold Gold 8,019 224,278.92 99.52% 22 INE437A01024 Apollo Hospitals Enterprise Limited Healthcare Services 12,700 116.39 1.91% Total 224,278.92 99.52% 23 INE111A01017 Container Corporation of India Limited Transportation 11,989 116.35 1.90% (b) SECURITIZED DEBT - - 24 INE003A01024 Siemens Limited Industrial Capital Goods 14,830 114.54 1.88% Total - - 25 INE774D01024 Mahindra & Mahindra Financial Services Limited Finance 45,313 114.19 1.87% (c) NET CURRENT ASSETS 1,071.90 0.48% 26 INE166A01011 ING Vysya Bank Limited Banks 17,842 113.28 1.85% Total 1,071.90 0.48% 27 INE134E01011 Power Finance Corporation Limited Finance 57,797 111.66 1.83% 28 INE274J01014 Oil India Limited Oil 22,695 109.86 1.80% TOTAL NET ASSETS 225,350.82 100.00% 29 INE881D01027 Oracle Financial Services Software Limited Software 3,509 108.34 1.77% NOTES : 30 INE118A01012 Bajaj Holdings & Investment Limited Finance 10,223 104.77 1.72% 1. Total NPAs provided for Nil 31 INE192A01025 Tata Global Beverages Limited Consumer Non Durables 66,848 100.31 1.64% 2. Total value and percentage of illiquid equity shares Nil 32 INE069A01017 Aditya Birla Nuvo Limited Services 9,030 98.54 1.61% 3. NAV at the beginning of the half-year period (Rs. per unit) 2,812.2291 33 INE114A01011 Steel Authority of India Limited Ferrous Metals 137,627 98.27 1.61% 4. NAV at the end of the half-year period (Rs. per unit) 2,599.3108 5. Exposure to derivative instrument at the end of the half-year period Nil 34 INE067A01029 Crompton Greaves Limited Industrial Capital Goods 60,015 96.26 1.58% 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 35 INE015A01028 Ranbaxy Laboratories Limited Pharmaceuticals 25,826 94.24 1.54% 7. Portfolio Turnover Ratio 0.06 36 INE628A01036 UPL Limited Pesticides 50,787 93.68 1.53% 8. Dividend declared during the half year period (Rs. per unit) Nil 37 INE302A01020 Exide Industries Limited Auto Ancillaries 76,464 92.64 1.52% 9. Repo transactions in corporate debt securities Nil 38 INE686F01025 United Breweries Limited Consumer Non Durables 11,089 91.37 1.50% continued.... GOLDMAN SACHS MUTUAL FUND 951-A, Rational House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Tel. (9122) 6616 9000  Fax: (9122) 6627 9245  Toll Free: 1800-266-1220 E-mail us at [email protected].  Visit us at www.gsam.in HALF-YEARLY PORTFOLIO AS ON MARCH 31, 2014 ( Pursuant to Regulation 59A of Securities and Exchange Board of India [ Mutual Funds ] Regulations, 1996 )

Goldman Sachs PSU Bank Exchange Traded Scheme (GS PSU BANK BeES) Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets 92 INE015A01028 Ranbaxy Laboratories Limited Pharmaceuticals 3,017 11.01 0.18% 93 INE628A01036 UPL Limited Pesticides 5,933 10.94 0.18% (a) EQUITY & EQUITY RELATED INSTRUMENTS 94 INE883A01011 MRF Limited Auto Ancillaries 50 10.89 0.18% 95 INE302A01020 Exide Industries Limited Auto Ancillaries 8,932 10.82 0.18% LISTED 96 INE686F01025 United Breweries Limited Consumer Non Durables 1,295 10.67 0.18% 1 INE062A01012 State Bank of India Banks 23,589 452.37 54.47% 97 INE010B01019 Cadila Healthcare Limited Pharmaceuticals 1,004 10.29 0.17% 2 INE028A01013 Bank of Baroda Banks 14,613 105.32 12.68% 3 INE160A01014 Punjab National Bank Banks 11,362 84.52 10.18% 98 INE465A01025 Bharat Forge Limited Industrial Products 2,412 10.17 0.17% 4 INE084A01016 Bank of India Banks 16,323 37.30 4.49% 99 INE094A01015 Hindustan Petroleum Corporation Limited Petroleum Products 3,221 9.98 0.16% 5 INE476A01014 Canara Bank Banks 10,913 28.85 3.47% 100 INE092A01019 Tata Chemicals Limited Chemicals 3,417 9.81 0.16% 6 INE692A01016 Union Bank of India Banks 19,180 26.35 3.17% 101 INE216A01022 Britannia Industries Limited Consumer Non Durables 1,149 9.69 0.16% 7 INE141A01014 Oriental Bank of Commerce Banks 9,351 20.84 2.51% 102 INE264A01014 Glaxosmithkline Consumer Healthcare Limited Consumer Non Durables 225 9.68 0.16% 8 INE008A01015 IDBI Bank Limited Banks 28,763 18.78 2.26% 103 INE614G01033 Reliance Power Limited Power 13,654 9.65 0.16% 9 INE428A01015 Allahabad Bank Banks 17,080 15.53 1.87% 104 INE070A01015 Shree Cements Limited Cement 169 9.58 0.16% 10 INE667A01018 Syndicate Bank Banks 16,126 15.50 1.87% 105 INE084A01016 Bank of India Banks 4,162 9.51 0.16% 11 INE434A01013 Andhra Bank Banks 17,933 11.47 1.38% 106 INE318A01026 Pidilite Industries Limited Chemicals 2,986 9.17 0.15% 12 INE565A01014 Indian Overseas Bank Banks 18,478 9.40 1.13% 107 INE918I01018 Bajaj Finserv Limited Finance 1,161 9.15 0.15% Total 826.22 99.48% 108 INE660A01013 Sundaram Finance Limited Finance 1,353 8.96 0.15% 109 INE438A01022 Apollo Tyres Limited Auto Ancillaries 5,541 8.84 0.15% (b) SECURITIZED DEBT - - 110 INE117A01022 ABB India Limited Industrial Capital Goods 1,031 8.80 0.15% Total - - 111 INE148I01020 Indiabulls Housing Finance Limited Finance 3,665 8.71 0.14% (c) NET CURRENT ASSETS 4.33 0.52% 112 INE176B01026 Havells India Limited Consumer Durables 931 8.69 0.14% TOTAL 4.33 0.52% 113 INE140A01024 Piramal Enterprises Limited Pharmaceuticals 1,502 8.24 0.14% 114 INE347G01014 Petronet LNG Limited Gas 5,837 8.00 0.13% TOTAL NET ASSETS 830.55 100.00% 115 INE018I01017 Mindtree Limited Software 590 7.79 0.13% *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002. 116 INE424H01027 Sun TV Network Limited Media & Entertainment 1,917 7.70 0.13% NOTES: 117 INE013A01015 Reliance Capital Limited Finance 2,192 7.58 0.12% 1. Total NPAs provided for Nil 118 INE036D01010 Karur Vysya Bank Limited Banks 2,013 7.55 0.12% 2. Total value and percentage of illiquid equity shares Nil 119 INE476A01014 Canara Bank Banks 2,782 7.35 0.12% 3. NAV at the beginning of the half-year period (Rs. per unit) 230.8320 120 INE226A01021 Voltas Limited Construction Project 4,488 7.22 0.12% 4. NAV at the end of the half-year period (Rs. per unit) 299.2505 121 INE053A01029 The Indian Hotels Company Limited Hotels 9,815 7.14 0.12% 5. Exposure to derivative instrument at the end of the half-year period Nil 122 INE017A01032 The Great Eastern Shipping Company Limited Transportation 2,049 6.98 0.11% 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 123 INE168A01017 The Jammu & Kashmir Bank Limited Banks 442 6.80 0.11% 7. Portfolio Turnover Ratio 17.61 124 INE797F01012 Jubilant Foodworks Limited Consumer Non Durables 638 6.79 0.11% 8. Dividend declared during the half year period (Rs. per unit) Nil 125 INE692A01016 Union Bank of India Banks 4,890 6.72 0.11% 9. Repo transactions in corporate debt securities Nil 126 INE176A01010 Bata India Limited Consumer Durables 588 6.71 0.11% 127 INE180A01020 Max India Limited Finance 3,031 6.31 0.10% Goldman Sachs CNX 500 Fund (GS CNX 500) 128 INE885A01032 Amara Raja Batteries Limited Auto Ancillaries 1,593 6.28 0.10% 129 INE376G01013 Biocon Limited Pharmaceuticals 1,478 6.27 0.10% Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net 130 INE195A01028 Supreme Industries Limited Industrial Products 1,243 6.24 0.10% No. Classifi cation* (Rs. in lakhs) Assets 131 INE152A01029 Thermax Limited Industrial Capital Goods 825 6.17 0.10% EQUITY & EQUITY RELATED 132 INE051B01021 Vakrangee Softwares Limited Software 6,067 6.05 0.10% INSTRUMENTS 133 INE761H01022 Page Industries Limited Textile Products 93 6.04 0.10% (a) LISTED 134 INE663F01024 Info Edge (India) Limited Software 969 6.00 0.10% 1 INE154A01025 ITC Limited Consumer Non Durables 107,597 379.66 6.25% 135 INE296A01016 Bajaj Finance Limited Finance 333 5.96 0.10% 2 INE009A01021 Infosys Limited Software 9,393 308.35 5.08% 136 INE179A01014 Procter & Gamble Hygiene and Health Care Limited Consumer Non Durables 185 5.92 0.10% 3 INE002A01018 Reliance Industries Limited Petroleum Products 31,990 297.75 4.90% 137 INE267A01025 Hindustan Zinc Limited Non - Ferrous Metals 4,557 5.87 0.10% 4 INE090A01013 ICICI Bank Limited Banks 22,465 279.70 4.61% 138 INE683A01023 The South Indian Bank Limited Banks 26,035 5.79 0.10% 5 INE040A01026 HDFC Bank Limited Banks 36,065 270.05 4.45% 139 INE486A01013 CESC Limited Power 1,155 5.79 0.10% 6 INE001A01036 Housing Development Finance Corporation Limited Finance 30,347 268.24 4.42% 140 INE848E01016 NHPC Limited Power 30,247 5.78 0.10% 7 INE467B01029 Tata Consultancy Services Limited Software 9,949 212.23 3.50% 141 INE356A01018 Mphasis Limited Software 1,429 5.77 0.10% 8 INE018A01030 Larsen & Toubro Limited Construction Project 15,856 201.67 3.32% 142 INE824B01021 Bhushan Steel Limited Ferrous Metals 1,266 5.73 0.09% 9 INE155A01022 Tata Motors Limited Auto 34,969 139.40 2.30% 143 INE208A01029 Ashok Leyland Limited Auto 24,195 5.72 0.09% 10 INE062A01012 State Bank of India Banks 6,015 115.35 1.90% 144 INE599M01018 Just Dial Limited Software 369 5.72 0.09% 11 INE213A01029 Oil & Natural Gas Corporation Limited Oil 34,429 109.73 1.81% 145 INE491A01021 City Union Bank Limited Banks 10,556 5.68 0.09% 12 INE238A01026 Axis Bank Limited Banks 6,039 88.20 1.45% 146 INE007A01025 CRISIL Limited Finance 444 5.46 0.09% 13 INE101A01026 Mahindra & Mahindra Limited Auto 8,959 87.86 1.45% 147 INE058A01010 Sanofi India Limited Pharmaceuticals 177 5.44 0.09% 14 INE044A01036 Sun Pharmaceuticals Industries Limited Pharmaceuticals 14,648 84.19 1.39% 148 INE331A01037 The Ramco Cements Limited Cement 2,515 5.41 0.09% 15 INE030A01027 Hindustan Unilever Limited Consumer Non Durables 13,769 83.38 1.37% 149 INE141A01014 Oriental Bank of Commerce Banks 2,384 5.31 0.09% 16 INE397D01024 Bharti Airtel Limited Telecom - Services 23,156 73.58 1.21% 150 INE548C01032 Emami Limited Consumer Non Durables 1,204 5.24 0.09% 17 INE860A01027 HCL Technologies Limited Software 5,205 72.39 1.19% 151 INE233A01035 Godrej Industries Limited Consumer Non Durables 1,639 5.17 0.09% 18 INE075A01022 Wipro Limited Software 12,717 69.08 1.14% 152 INE722A01011 Shriram City Union Finance Limited Finance 459 5.05 0.08% 19 INE089A01023 Dr. Reddy's Laboratories Limited Pharmaceuticals 2,465 63.20 1.04% 153 INE685A01028 Torrent Pharmaceuticals Limited Pharmaceuticals 938 4.92 0.08% 20 INE237A01028 Kotak Mahindra Bank Limited Banks 7,413 57.90 0.95% 154 INE034A01011 Arvind Limited Textile Products 2,822 4.91 0.08% 21 INE917I01010 Bajaj Auto Limited Auto 2,611 54.40 0.90% 155 INE008A01015 IDBI Bank Limited Banks 7,334 4.79 0.08% 22 INE158A01026 Hero MotoCorp Limited Auto 2,334 53.09 0.87% 156 INE121E01018 JSW Energy Limited Power 7,978 4.73 0.08% 23 INE669C01028 Tech Mahindra Limited Software 2,890 51.89 0.85% 157 INE517F01014 Gujarat Pipavav Port Limited Transportation 5,361 4.71 0.08% 24 INE081A01012 Tata Steel Limited Ferrous Metals 12,973 51.11 0.84% 158 INE776C01039 GMR Infrastructure Limited Construction Project 21,435 4.68 0.08% 25 INE585B01010 Maruti Suzuki India Limited Auto 2,574 50.75 0.84% 159 INE498L01015 L&T Finance Holdings Limited Finance 6,186 4.55 0.07% 26 INE021A01026 Asian Paints Limited Consumer Non Durables 8,812 48.29 0.80% 160 INE849A01012 Trent Limited Retailing 436 4.48 0.07% 27 INE733E01010 NTPC Limited Power 40,110 48.09 0.79% 161 INE169A01031 Coromandel International Limited Fertilisers 1,995 4.47 0.07% 28 INE205A01025 Sesa Sterlite Limited Minerals/Mining 24,051 45.35 0.75% 162 INE136B01020 Infotech Enterprises Limited Software 1,365 4.45 0.07% 29 INE752E01010 Power Grid Corporation of India Limited Power 42,861 45.00 0.74% 163 INE836A01035 KPIT Technologies Limited Software 2,761 4.44 0.07% 30 INE326A01037 Lupin Limited Pharmaceuticals 4,645 43.34 0.71% 164 INE269B01029 Lakshmi Machine Works Limited Industrial Capital Goods 145 4.41 0.07% 31 INE481G01011 Ultratech Cement Limited Cement 1,977 43.24 0.71% 165 INE510A01028 Engineers India Limited Construction Project 1,941 4.38 0.07% 32 INE095A01012 Indusind Bank Limited Banks 8,290 41.60 0.69% 166 INE262H01013 Persistent Systems Limited Software 417 4.38 0.07% 33 INE854D01016 United Spirits Limited Consumer Non Durables 1,535 40.64 0.67% 167 INE263A01016 Bharat Electronics Limited Industrial Capital Goods 376 4.32 0.07% 34 INE910H01017 Cairn India Limited Oil 11,499 38.29 0.63% 168 INE614B01018 The Karnataka Bank Limited Banks 3,666 4.30 0.07% 35 INE059A01026 Cipla Limited Pharmaceuticals 9,874 37.80 0.62% 169 INE151A01013 Tata Communications Limited Telecom - Services 1,387 4.26 0.07% 36 INE047A01013 Grasim Industries Limited Cement 1,237 35.73 0.59% 170 INE752H01013 Credit Analysis and Research Limited Finance 545 4.25 0.07% 37 INE522F01014 Coal India Limited Minerals/Mining 12,290 35.49 0.58% 171 INE580B01029 Gruh Finance Limited Finance 1,425 4.21 0.07% 38 INE038A01020 Hindalco Industries Limited Non - Ferrous Metals 25,028 35.48 0.58% 172 INE203G01019 Indraprastha Gas Limited Gas 1,362 4.07 0.07% 39 INE129A01019 GAIL (India) Limited Gas 8,740 32.87 0.54% 173 INE175A01038 Jain Irrigation Systems Limited Industrial Products 6,149 4.02 0.07% 40 INE257A01026 Bharat Heavy Electricals Limited Industrial Capital Goods 15,373 30.14 0.50% 174 INE314A01017 CMC Limited Software 288 4.00 0.07% 41 INE079A01024 Ambuja Cements Limited Cement 14,896 30.12 0.50% 175 INE428A01015 Allahabad Bank Banks 4,355 3.96 0.07% 42 INE043D01016 IDFC Limited. Finance 24,416 29.85 0.49% 176 INE667A01018 Syndicate Bank Banks 4,112 3.95 0.07% 43 INE256A01028 Zee Entertainment Enterprises Limited Media & Entertainment 10,637 28.86 0.48% 177 INE212H01026 AIA Engineering Limited Industrial Capital Goods 704 3.93 0.06% 44 INE028A01013 Bank of Baroda Banks 3,726 26.86 0.44% 178 INE055A01016 Century Textiles & Industries Limited Cement 1,079 3.92 0.06% 45 INE245A01021 Tata Power Company Limited Power 31,129 26.51 0.44% 179 INE463A01020 Berger Paints (I) Limited Consumer Non Durables 1,688 3.88 0.06% 46 INE012A01025 ACC Limited Cement 1,820 25.47 0.42% 180 INE246F01010 Gujarat State Petronet Limited Gas 5,565 3.86 0.06% 47 INE721A01013 Shriram Transport Finance Company Limited Finance 3,271 25.10 0.41% 181 INE640A01023 SKF India Limited Industrial Products 476 3.85 0.06% 48 INE019A01020 JSW Steel Limited Ferrous Metals 2,243 23.24 0.38% 182 INE531A01016 Kansai Nerolac Paints Limited Consumer Non Durables 322 3.81 0.06% 49 INE029A01011 Bharat Petroleum Corporation Limited Petroleum Products 5,028 23.13 0.38% 183 INE787D01026 Balkrishna Industries Limited Auto Ancillaries 784 3.74 0.06% 50 INE528G01019 Yes Bank Limited Banks 5,223 21.62 0.36% 184 INE694A01020 Unitech Limited Construction 26,334 3.69 0.06% 51 INE669E01016 Idea Cellular Limited Telecom - Services 15,714 21.60 0.36% 185 INE494B01023 TVS Motor Company Limited Auto 3,755 3.65 0.06% 52 INE160A01014 Punjab National Bank Banks 2,897 21.55 0.36% 186 INE886H01027 TV18 Broadcast Limited Media & Entertainment 14,309 3.63 0.06% 53 INE584A01023 NMDC Limited Minerals/Mining 15,426 21.48 0.35% 187 INE904G01038 Rasoya Proteins Limited Consumer Non Durables 22,717 3.58 0.06% 54 INE280A01028 Titan Company Limited Consumer Durables 8,110 21.30 0.35% 55 INE749A01030 Jindal Steel & Power Limited Ferrous Metals 7,180 21.00 0.35% 188 INE139A01034 National Aluminium Company Limited Non - Ferrous Metals 8,941 3.55 0.06% 56 INE159A01016 Glaxosmithkline Pharmaceuticals Limited Pharmaceuticals 813 20.92 0.34% 189 INE942G01012 Mcleod Russel India Limited Consumer Non Durables 1,156 3.54 0.06% 57 INE102D01028 Godrej Consumer Products Limited Consumer Non Durables 2,430 20.88 0.34% 190 INE039A01010 IFCI Limited Finance 13,175 3.50 0.06% 58 INE423A01024 Adani Enterprises Limited Trading 5,350 19.69 0.32% 191 INE093I01010 Oberoi Realty Limited Construction 1,597 3.45 0.06% 59 INE323A01026 Bosch Limited Auto Ancillaries 176 19.17 0.32% 192 INE982F01028 Hathway Cable & Datacom Limited Media & Entertainment 1,409 3.41 0.06% 60 INE016A01026 Dabur India Limited Consumer Non Durables 10,641 19.12 0.31% 193 INE891D01026 Redington (India) Limited Trading 4,302 3.39 0.06% 61 INE742F01042 Adani Ports and Special Economic Zone Limited Transportation 10,070 18.88 0.31% 194 INE149A01025 Tube Investments of India Limited Consumer Durables 1,881 3.39 0.06% 62 INE259A01022 Colgate Palmolive (India) Limited Consumer Non Durables 1,297 17.80 0.29% 195 INE233B01017 Blue Dart Express Limited Transportation 91 3.39 0.06% 63 INE361B01024 Divi's Laboratories Limited Pharmaceuticals 1,237 16.90 0.28% 196 INE947J01015 Den Networks Limited Media & Entertainment 1,750 3.35 0.06% 64 INE330H01018 Reliance Communications Limited Telecom - Services 12,934 16.67 0.27% 197 INE691A01018 UCO Bank Banks 4,502 3.28 0.05% 65 INE171A01029 The Federal Bank Limited Banks 16,659 15.95 0.26% 198 INE591G01017 NIIT Technologies Limited Software 814 3.28 0.05% 66 INE298A01020 Cummins India Limited Industrial Products 2,643 15.77 0.26% 199 INE613A01020 Rallis India Limited Pesticides 1,888 3.27 0.05% 67 INE935A01035 Glenmark Pharmaceuticals Limited Pharmaceuticals 2,728 15.42 0.25% 200 INE939A01011 Strides Arcolab Limited Pharmaceuticals 844 3.27 0.05% 68 INE271C01023 DLF Limited Construction 8,690 15.33 0.25% 201 INE814H01011 Adani Power Limited Power 6,696 3.25 0.05% 69 INE775A01035 Motherson Sumi Systems Limited Auto Ancillaries 5,905 15.09 0.25% 202 INE877F01012 PTC India Limited Power 4,631 3.14 0.05% 70 INE020B01018 Rural Electrifi cation Corporation Limited Finance 6,379 14.65 0.24% 203 INE322A01010 Gillette India Limited Consumer Non Durables 159 3.14 0.05% 71 INE115A01026 LIC Housing Finance Limited Finance 5,861 13.84 0.23% 204 INE455I01029 Kaveri Seed Company Limited Consumer Non Durables 486 3.11 0.05% 72 INE121J01017 Bharti Infratel Limited Telecom - Equipment & 205 INE703A01011 Videocon Industries Limited Consumer Durables 1,934 3.11 0.05% Accessories 6,691 13.61 0.22% 206 INE200A01026 Alstom T&D India Limited Industrial Capital Goods 1,246 3.10 0.05% 73 INE437A01024 Apollo Hospitals Enterprise Limited Healthcare Services 1,484 13.60 0.22% 207 INE530B01024 IIFL Holdings Limited Finance 3,967 3.10 0.05% 74 INE111A01017 Container Corporation of India Limited Transportation 1,400 13.59 0.22% 208 INE120A01034 Carborundum Universal Limited Industrial Products 2,109 3.09 0.05% 75 INE003A01024 Siemens Limited Industrial Capital Goods 1,732 13.38 0.22% 209 INE603J01030 PI Industries Limited Pesticides 1,093 3.04 0.05% 76 INE774D01024 Mahindra & Mahindra Financial Services Limited Finance 5,293 13.34 0.22% 210 INE813H01021 Torrent Power Limited Power 3,231 3.04 0.05% 77 INE166A01011 ING Vysya Bank Limited Banks 2,084 13.23 0.22% 211 INE191I01012 Housing Development and Infrastructure Limited Construction 5,204 3.00 0.05% 78 INE242A01010 Indian Oil Corporation Limited Petroleum Products 4,682 13.19 0.22% 212 INE130C01021 Amtek Auto Limited Auto Ancillaries 1,876 2.98 0.05% 79 INE406A01037 Aurobindo Pharma Limited Pharmaceuticals 2,566 13.13 0.22% 213 INE513A01014 FAG Bearings India Limited Industrial Products 157 2.95 0.05% 80 INE134E01011 Power Finance Corporation Limited Finance 6,751 13.04 0.21% 214 INE434A01013 Andhra Bank Banks 4,573 2.92 0.05% 81 INE274J01014 Oil India Limited Oil 2,651 12.83 0.21% 215 INE738I01010 Eclerx Services Limited Software 275 2.92 0.05% 82 INE455F01025 Jaiprakash Associates Limited Construction 23,696 12.72 0.21% 216 INE811K01011 Prestige Estates Projects Limited Construction 1,703 2.90 0.05% 83 INE881D01027 Oracle Financial Services Software Limited Software 410 12.66 0.21% 217 INE671H01015 Sobha Developers Limited Construction 752 2.82 0.05% 84 INE118A01012 Bajaj Holdings & Investment Limited Finance 1,194 12.24 0.20% 218 INE202B01012 Dewan Housing Finance Corporation Limited Finance 1,268 2.77 0.05% 85 INE192A01025 Tata Global Beverages Limited Consumer Non Durables 7,809 11.72 0.19% 219 INE950I01011 D.B.Corp Limited Media & Entertainment 894 2.76 0.05% 86 INE069A01017 Aditya Birla Nuvo Limited Services 1,055 11.51 0.19% 220 INE121A01016 Cholamandalam Investment and 87 INE114A01011 Steel Authority of India Limited Ferrous Metals 16,077 11.48 0.19% Finance Company Limited Finance 944 2.72 0.04% 88 INE066A01013 Eicher Motors Limited Auto 192 11.45 0.19% 221 INE383A01012 The India Cements Limited Cement 4,290 2.61 0.04% 89 INE036A01016 Reliance Infrastructure Limited Power 2,634 11.42 0.19% 222 INE124G01033 Delta Corp Limited Construction 2,587 2.56 0.04% 90 INE067A01029 Crompton Greaves Limited Industrial Capital Goods 7,011 11.25 0.19% 223 INE093A01033 Hexaware Technologies Limited Software 1,698 2.56 0.04% 91 INE571A01020 IPCA Laboratories Limited Pharmaceuticals 1,329 11.23 0.18% 224 INE199G01027 Jagran Prakashan Limited Media & Entertainment 2,479 2.55 0.04% continued.... GOLDMAN SACHS MUTUAL FUND 951-A, Rational House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Tel. (9122) 6616 9000  Fax: (9122) 6627 9245  Toll Free: 1800-266-1220 E-mail us at [email protected].  Visit us at www.gsam.in HALF-YEARLY PORTFOLIO AS ON MARCH 31, 2014 ( Pursuant to Regulation 59A of Securities and Exchange Board of India [ Mutual Funds ] Regulations, 1996 )

Goldman Sachs CNX 500 Fund (GS CNX 500) (contd....) Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets 357 INE768C01010 Zydus Wellness Limited Consumer Non Durables 209 1.04 0.02% 225 INE725G01011 ICRA Limited Finance 134 2.54 0.04% 358 INE123F01029 MMTC Limited Trading 1,946 1.03 0.02% 226 INE230A01023 EIH Limited Hotels 3,476 2.54 0.04% 359 INE032A01023 Bombay Dyeing & Mfg Company Limited Textiles - Synthetic 1,862 1.03 0.02% 227 INE821I01014 IRB Infrastructure Developers Limited Construction 2,441 2.52 0.04% 360 INE060A01024 Navneet Education Limited Media & Entertainment 1,771 1.01 0.02% 228 INE026A01025 Gujarat State Fertilizers & Chemicals Limited Fertilisers 4,430 2.51 0.04% 361 INE998I01010 Mahindra Holidays & Resorts India Limited Hotels 432 1.01 0.02% 229 INE126A01031 EID Parry India Limited Fertilisers 1,874 2.51 0.04% 362 INE199A01012 Merck Limited Pharmaceuticals 156 1.01 0.02% 230 INE532F01054 Edelweiss Financial Services Limited Finance 8,673 2.48 0.04% 363 INE265F01028 Entertainment Network (India) Limited Media & Entertainment 268 1.00 0.02% 231 INE414G01012 Muthoot Finance Limited Finance 1,438 2.47 0.04% 364 INE654A01024 State Bank of Travancore Banks 233 0.98 0.02% 232 INE049B01025 Wockhardt Limited Pharmaceuticals 540 2.47 0.04% 365 INE785C01048 Lanco Infratech Limited Construction Project 13,769 0.98 0.02% 233 INE180K01011 SKS Microfi nance Limited Finance 1,202 2.45 0.04% 366 INE975G01012 IL&FS Transportation Networks Limited Transportation 836 0.97 0.02% 234 INE668F01031 Jyothy Laboratories Limited Consumer Non Durables 1,173 2.43 0.04% 367 INE306A01021 Bajaj Hindusthan Limited Consumer Non Durables 5,843 0.96 0.02% 235 INE621H01010 Religare Enterprises Limited Finance 764 2.42 0.04% 368 INE572A01028 JB Chemicals & Pharmaceuticals Limited Pharmaceuticals 728 0.93 0.02% 236 INE565A01014 Indian Overseas Bank Banks 4,712 2.40 0.04% 369 INE808B01016 Opto Circuits (India) Limited Pharmaceuticals 3,385 0.92 0.02% 237 INE211B01039 The Phoenix Mills Limited Construction 960 2.39 0.04% 370 INE520A01019 Zensar Technologies Limited Software 240 0.90 0.01% 238 INE343B01030 Rajesh Exports Limited Consumer Durables 2,698 2.38 0.04% 371 INE143H01015 KSK Energy Ventures Limited Power 1,304 0.89 0.01% 239 INE503A01015 DCB Bank Limited Banks 3,805 2.33 0.04% 372 INE805D01026 Sunteck Realty Limited Construction 325 0.89 0.01% 240 INE217B01028 Kajaria Ceramics Limited Construction 666 2.33 0.04% 373 INE797A01021 Geometric Limited Software 754 0.87 0.01% 241 INE944F01028 Radico Khaitan Limited Consumer Non Durables 1,541 2.24 0.04% 374 INE010A01011 Prism Cement Limited Cement 2,221 0.85 0.01% 242 INE183A01016 Finolex Industries Limited Industrial Products 1,149 2.19 0.04% 375 INE294A01037 Ballarpur Industries Limited Paper 6,451 0.85 0.01% 243 INE040H01021 Suzlon Energy Limited Industrial Capital Goods 19,586 2.17 0.04% 376 INE386A01015 Vesuvius India Limited Industrial Products 175 0.84 0.01% 244 INE301A01014 Raymond Limited Textile Products 718 2.17 0.04% 377 INE769A01020 Aarti Industries Limited Chemicals 675 0.83 0.01% 245 INE285A01027 ELGI Equipments Limited Industrial Products 2,092 2.17 0.04% 378 INE277A01016 Swaraj Engines Limited Industrial Products 119 0.82 0.01% 246 INE182A01018 Pfi zer Limited Pharmaceuticals 170 2.16 0.04% 379 INE680A01011 Dhanlaxmi Bank Limited Banks 2,265 0.82 0.01% 247 INE420C01042 S.E. Investments Limited Finance 585 2.14 0.04% 380 INE415A01038 HSIL Limited Consumer Durables 622 0.81 0.01% 248 INE131A01031 Gujarat Mineral Development Corporation Limited Minerals/Mining 1,609 2.12 0.03% 381 INE089C01029 Sterlite Technologies Limited Industrial Products 3,474 0.80 0.01% 249 INE700A01033 Jubilant Life Sciences Limited Pharmaceuticals 1,333 2.12 0.03% 382 INE323I01011 Puravankara Projects Limited Construction 1,154 0.79 0.01% 250 INE472A01039 Blue Star Limited Consumer Durables 1,049 2.11 0.03% 383 INE087A01019 Kesoram Industries Limited Auto Ancillaries 1,083 0.78 0.01% 251 INE484J01027 Godrej Properties Limited Construction 971 2.08 0.03% 384 INE067H01016 ABG Shipyard Limited Industrial Capital Goods 306 0.78 0.01% 252 INE710A01016 VST Industries Limited Consumer Non Durables 126 2.07 0.03% 385 INE416L01017 Eros International Media Limited Media & Entertainment 450 0.76 0.01% 253 INE421A01028 Aban Offshore Limited Oil 389 2.07 0.03% 386 INE699A01011 Uttam Galva Steels Limited Ferrous Metals 1,083 0.75 0.01% 254 INE069I01010 Indiabulls Real Estate Limited Construction 3,777 2.06 0.03% 387 INE138A01028 Peninsula Land Limited Construction 2,339 0.75 0.01% 255 INE538A01037 Gujarat Fluorochemicals Limited Chemicals 641 2.05 0.03% 388 INE573A01034 JK Tyre & Industries Limited Auto Ancillaries 421 0.75 0.01% 256 INE852F01015 Gateway Distriparks Limited Transportation 1,227 2.03 0.03% 389 INE177A01018 Ingersoll Rand (India) Limited Industrial Products 160 0.74 0.01% 257 INE351A01035 Unichem Laboratories Limited Pharmaceuticals 878 2.01 0.03% 390 INE999A01015 KSB Pumps Limited Industrial Products 227 0.74 0.01% 258 INE061F01013 Fortis Healthcare Limited Healthcare Services 2,006 1.96 0.03% 391 INE517H01028 Advanta Limited Consumer Non Durables 569 0.74 0.01% 259 INE470A01017 3M India Limited Trading 55 1.94 0.03% 392 INE619A01027 Ruchi Soya Industries Limited Consumer Non Durables 2,487 0.73 0.01% 260 INE373A01013 BASF India Limited Chemicals 225 1.93 0.03% 393 INE255A01020 Essel Propack Limited Industrial Products 1,255 0.72 0.01% 261 INE562A01011 Indian Bank Banks 1,672 1.92 0.03% 394 INE401H01017 Kewal Kiran Clothing Limited Textile Products 62 0.72 0.01% 262 INE232I01014 Sun Pharma Advanced Research Company Limited Pharmaceuticals 1,317 1.92 0.03% 395 INE027A01015 Rashtriya Chemicals and Fertilizers Limited Fertilisers 2,147 0.71 0.01% 263 INE647A01010 SRF Limited Textile Products 532 1.91 0.03% 396 INE934B01028 Mercator Limited Minerals/Mining 2,849 0.70 0.01% 264 INE193E01025 Bajaj Electricals Limited Consumer Durables 656 1.91 0.03% 397 INE220G01021 JSL Stainless Limited Ferrous Metals 1,943 0.70 0.01% 265 INE260B01010 Godfrey Phillips India Limited Consumer Non Durables 59 1.89 0.03% 398 INE399K01017 Indiabulls Power Limited Power 9,166 0.70 0.01% 266 INE351F01018 Jaiprakash Power Ventures Limited Power 13,334 1.89 0.03% 399 INE674A01014 Tata Sponge Iron Limited Ferrous Metals 136 0.69 0.01% 267 INE342J01019 Wabco India Limited Auto Ancillaries 92 1.87 0.03% 400 INE236A01020 HCL Infosystems Limited Hardware 1,826 0.69 0.01% 268 INE224A01026 Greaves Cotton Limited Industrial Products 2,302 1.86 0.03% 401 INE875A01025 IVRCL Limited Construction 5,154 0.68 0.01% 269 INE133A01011 Akzo Nobel India Limited Consumer Non Durables 206 1.86 0.03% 402 INE162A01010 Gujarat Industries Power Company Limited Power 1,018 0.67 0.01% 270 INE103A01014 Mangalore Refi nery and Petrochemicals Limited Petroleum Products 3,893 1.86 0.03% 403 INE419M01019 TD Power Systems Limited Industrial Capital Goods 245 0.66 0.01% 271 INE077A01010 Dena Bank Banks 3,049 1.84 0.03% 404 INE070D01027 Jai Corp Limited Industrial Products 938 0.65 0.01% 272 INE623B01027 Future Retail Limited Retailing 2,220 1.83 0.03% 405 INE178A01016 Chennai Petroleum Corporation Limited Petroleum Products 948 0.65 0.01% 273 INE670A01012 Tata Elxsi Limited Software 333 1.81 0.03% 406 INE545A01016 HEG Limited Industrial Products 322 0.65 0.01% 274 INE763A01023 Polaris Financial Technology Limited Software 939 1.81 0.03% 407 INE060J01017 Flexituff International Limited Industrial Products 286 0.65 0.01% 275 INE870H01013 Network18 Media & Investments Limited Media & Entertainment 5,277 1.80 0.03% 408 INE164A01016 Balmer Lawrie & Company Limited Transportation 212 0.64 0.01% 276 INE542F01012 Pipavav Defence and Offshore Engineering Company Limited Industrial Capital Goods 5,090 1.80 0.03% 409 INE346H01014 Gitanjali Gems Limited Consumer Durables 1,085 0.64 0.01% 277 INE498B01024 Shopper's Stop Limited Retailing 458 1.76 0.03% 410 INE603A01013 Prakash Industries Limited Ferrous Metals 1,400 0.64 0.01% 278 INE389H01022 KEC International Limited Construction Project 2,593 1.75 0.03% 411 INE046A01015 Reliance Industrial Infrastructure Limited Industrial Capital Goods 160 0.62 0.01% 279 INE705A01016 Vijaya Bank Banks 4,337 1.73 0.03% 412 INE560K01014 PTC India Financial Services Limited Finance 4,357 0.62 0.01% 280 INE878A01011 Alstom India Limited Industrial Capital Goods 411 1.73 0.03% 413 INE192B01023 Welspun India Limited Textile Products 610 0.61 0.01% 281 INE374A01029 Gujarat Gas Company Limited Gas 656 1.72 0.03% 414 INE781B01015 Noida Toll Bridge Company Limited Transportation 2,473 0.59 0.01% 282 INE511C01022 Magma Fincorp Limited Finance 2,455 1.72 0.03% 415 INE040M01013 Tree House Education & Accessories Limited Diversifi ed Consumer 283 INE008I01026 Cox & Kings Limited Transportation 1,066 1.71 0.03% Services 229 0.59 0.01% 284 INE378A01012 Wyeth Limited Pharmaceuticals 189 1.68 0.03% 416 INE665A01038 Swan Energy Limited Construction 924 0.58 0.01% 285 INE589A01014 Neyveli Lignite Corporation Limited Power 2,742 1.68 0.03% 417 INE367G01038 Prime Focus Limited Media & Entertainment 2,108 0.57 0.01% 286 INE690A01010 TTK Prestige Limited Consumer Durables 55 1.67 0.03% 418 INE919H01018 Indian Metals & Ferro Alloys Limited Ferrous Metals 224 0.57 0.01% 287 INE429C01035 Sintex Industries Limited Industrial Products 3,836 1.67 0.03% 419 INE824G01012 JSW Holdings Limited Finance 95 0.57 0.01% 288 INE884A01019 Vaibhav Gems Limited Retailing 260 1.67 0.03% 420 INE516A01017 Ufl ex Limited Industrial Products 794 0.57 0.01% 289 INE087H01022 Shree Renuka Sugars Limited Consumer Non Durables 7,652 1.65 0.03% 421 INE791I01019 Brigade Enterprises Limited Construction 925 0.57 0.01% 290 INE490G01020 MOIL Limited Minerals/Mining 654 1.64 0.03% 422 INE743C01013 Monnet Ispat And Energy Limited Ferrous Metals 638 0.57 0.01% 291 INE324A01024 Jindal Saw Limited Ferrous Metals 2,888 1.63 0.03% 423 INE269A01021 Sonata Software Limited Software 1,285 0.56 0.01% 292 INE099J01015 Jaypee Infratech Limited Transportation 7,634 1.62 0.03% 424 INE850A01010 Mahindra Ugine Steel Company Limited Ferrous Metals 280 0.56 0.01% 293 INE340A01012 Birla Corporation Limited Cement 556 1.61 0.03% 425 INE286K01024 Techno Electric & Engineering Co. Limited Construction Project 500 0.56 0.01% 294 INE825H01017 Ess Dee Aluminium Limited Industrial Products 253 1.58 0.03% 426 INE161A01038 NIIT Limited Software 2,051 0.55 0.01% 295 INE119A01028 Balrampur Chini Mills Limited Consumer Non Durables 2,818 1.57 0.03% 427 INE539A01019 GHCL Limited Chemicals 1,604 0.55 0.01% 296 INE825A01012 Vardhman Textiles Limited Textiles - Cotton 441 1.56 0.03% 428 INE561H01026 Parsvnath Developers Limited Construction 2,233 0.54 0.01% 297 INE933K01021 Bajaj Corp Limited Consumer Non Durables 715 1.55 0.03% 429 INE759A01021 Mastek Limited Software 256 0.52 0.01% 298 INE111B01023 Financial Technologies (India) Limited Software 414 1.55 0.03% 430 INE633A01028 Shrenuj & Company Limited Consumer Durables 562 0.52 0.01% 299 INE042A01014 Escorts Limited Auto 1,320 1.52 0.03% 431 INE338I01027 Motilal Oswal Financial Services Limited Finance 556 0.51 0.01% 300 INE251H01024 GVK Power & Infrastructure Limited Power 13,706 1.51 0.02% 432 INE418H01029 Allcargo Logistics Limited Transportation 331 0.51 0.01% 301 INE235A01022 Finolex Cables Limited Industrial Products 1,345 1.49 0.02% 433 INE353G01020 Dishman Pharmaceuticals and Chemicals Limited Pharmaceuticals 602 0.51 0.01% 302 INE483A01010 Central Bank of India Banks 2,986 1.49 0.02% 434 INE558B01017 Mangalore Chemicals & Fertilizers Limited Fertilisers 804 0.50 0.01% 303 INE493A01019 Tata Coffee Limited Consumer Non Durables 155 1.48 0.02% 435 INE345A01011 Hindustan Oil Exploration Company Limited Oil 1,053 0.50 0.01% 304 INE226H01026 Sadbhav Engineering Limited Construction Project 1,511 1.47 0.02% 436 INE288A01013 Maharashtra Scooters Limited Auto Ancillaries 109 0.50 0.01% 305 INE243D01012 BF Utilities Limited Construction 218 1.45 0.02% 437 INE059B01024 Simplex Infrastructures Limited Construction 427 0.49 0.01% 306 INE725A01022 Nava Bharat Ventures Limited Power 915 1.44 0.02% 438 INE975A01015 Elder Pharmaceuticals Limited Pharmaceuticals 245 0.49 0.01% 307 INE716A01013 Whirlpool of India Limited Consumer Durables 617 1.43 0.02% 439 INE952H01027 Raj Television Network Limited Media & Entertainment 328 0.49 0.01% 308 INE813A01018 Mahindra Lifespace Developers Limited Construction 389 1.43 0.02% 440 INE529A01010 Federal-Mogul Goetze (India) Limited. Auto Ancillaries 271 0.48 0.01% 309 INE868B01028 NCC Limited Construction Project 3,974 1.41 0.02% 441 INE221H01019 GTL Infrastructure Limited Telecom - Equipment & 310 INE274B01011 Monsanto India Limited Pesticides 94 1.41 0.02% Accessories 32,636 0.47 0.01% 311 INE684F01012 Firstsource Solutions Limited Software 5,541 1.40 0.02% 442 INE049A01027 Himatsingka Seide Limited Textile Products 822 0.47 0.01% 312 INE085A01013 Chambal Fertilizers & Chemicals Limited Fertilisers 3,501 1.40 0.02% 443 INE087J01010 Mandhana Industries Limited Textile Products 205 0.47 0.01% 313 INE113A01013 Gujarat Narmada Valley Fertilizer Company Limited Fertilisers 1,779 1.39 0.02% 444 INE086A01029 Electrosteel Castings Limited Industrial Products 2,889 0.47 0.01% 314 INE786A01032 Jk Lakshmi Cement Limited Cement 1,237 1.38 0.02% 445 INE688I01017 Capital First Limited Finance 261 0.47 0.01% 315 INE109A01011 Shipping Corporation of India Limited Transportation 3,286 1.36 0.02% 446 INE661I01014 BGR Energy Systems Limited Construction Project 351 0.47 0.01% 316 INE258B01022 FDC Limited Pharmaceuticals 1,077 1.36 0.02% 447 INE110D01013 Gujarat NRE Coke Limited Minerals/Mining 5,373 0.46 0.01% 317 INE203A01020 AstraZeneca Pharma India Limited Pharmaceuticals 122 1.35 0.02% 448 INE312H01016 Inox Leisure Limited Media & Entertainment 392 0.45 0.01% 318 INE672A01018 Tata Investment Corporation Limited Finance 289 1.33 0.02% 449 INE274G01010 Indiabulls Securities Limited Finance 2,507 0.45 0.01% 319 INE186A01019 Gujarat Alkalies and Chemicals Limited Chemicals 727 1.32 0.02% 450 INE317A01028 Shasun Pharmaceuticals Limited Pharmaceuticals 638 0.45 0.01% 320 INE725E01024 The Orissa Minerals Development Company Limited Minerals/Mining 58 1.31 0.02% 451 INE805C01028 KCP Limited Cement 1,321 0.44 0.01% 321 INE068D01021 Amtek India Limited Auto Ancillaries 1,554 1.31 0.02% 452 INE760L01018 Tribhovandas Bhimji Zaveri Limited Consumer Durables 336 0.44 0.01% 322 INE671A01010 Honeywell Automation India Limited Industrial Capital Goods 43 1.31 0.02% 453 INE978A01019 Heritage Foods Limited Consumer Non Durables 218 0.44 0.01% 323 INE501G01024 HT Media Limited Media & Entertainment 1,405 1.31 0.02% 454 INE187A01017 JBF Industries Limited Textiles - Synthetic 514 0.44 0.01% 324 INE473A01011 BOC India Limited Chemicals 415 1.30 0.02% 455 INE663A01017 Supreme Petrochem Limited Chemicals 742 0.43 0.01% 325 INE387A01021 Sundram Fasteners Limited Auto Ancillaries 2,063 1.30 0.02% 456 INE143A01010 Oswal Chemicals & Fertilizers Limited Construction 1,783 0.43 0.01% 326 INE112A01015 Corporation Bank Banks 461 1.28 0.02% 457 INE485A01015 Century Enka Limited Textiles - Synthetic 292 0.42 0.01% 327 INE439A01020 Asahi India Glass Limited Auto Ancillaries 2,119 1.26 0.02% 458 INE191A01019 Orchid Chemicals & Pharmaceuticals Limited Pharmaceuticals 803 0.41 0.01% 328 INE054A01027 VIP Industries Limited Consumer Durables 1,191 1.25 0.02% 459 INE576I01014 J.Kumar Infraprojects Limited Construction 231 0.40 0.01% 329 INE191H01014 PVR Limited Media & Entertainment 265 1.24 0.02% 460 INE094I01018 Kolte - Patil Developers Limited Construction 375 0.39 0.01% 330 INE100A01010 Atul Limited Chemicals 285 1.24 0.02% 461 INE398A01010 Venky's (India) Limited Consumer Non Durables 80 0.39 0.01% 331 INE531E01026 Hindustan Copper Limited Non - Ferrous Metals 1,800 1.24 0.02% 462 INE643A01035 Sona Koyo Steering Systems Limited Auto Ancillaries 1,824 0.39 0.01% 332 INE694C01018 Lakshmi Vilas Bank Limited Banks 1,714 1.22 0.02% 463 INE385B01031 REI Agro Limited Consumer Non Durables 8,626 0.38 0.01% 333 INE074A01025 Praj Industries Limited Industrial Capital Goods 2,326 1.22 0.02% 464 INE597L01014 Lovable Lingerie Limited Textile Products 107 0.37 0.01% 334 INE492A01029 Clariant Chemicals (India) Limited Chemicals 190 1.22 0.02% 465 INE197A01024 Jyoti Structures Limited Power 1,156 0.37 0.01% 335 INE548A01028 Himachal Futuristic Communications Limited Telecom - Equipment & 466 INE095N01015 National Buildings Construction Corporation Limited Construction 233 0.37 0.01% Accessories 14,790 1.21 0.02% 467 INE472M01018 MT Educare Limited Diversifi ed Consumer 336 INE242C01024 Anant Raj Industries Limited Construction 2,099 1.20 0.02% Services 423 0.36 0.01% 337 INE371A01025 Graphite India Limited Industrial Products 1,301 1.16 0.02% 468 INE007B01023 Geojit BNP Paribas Financial Services Limited Finance 1,622 0.36 0.01% 338 INE220B01022 Kalpataru Power Transmission Limited Power 1,211 1.16 0.02% 469 INE064C01014 Trident Limited Textile Products 2,412 0.35 0.01% 339 INE780C01023 JM Financial Limited Finance 4,620 1.16 0.02% 470 INE284A01012 ESAB India Limited Industrial Products 79 0.35 0.01% 340 INE701B01021 Punj Lloyd Limited Construction Project 4,056 1.15 0.02% 471 INE102A01024 Hotel Leela Venture Limited Hotels 2,207 0.35 0.01% 341 INE293A01013 Rolta India Limited Software 1,560 1.14 0.02% 472 INE050A01025 Bombay Burmah Trading Corporation Limited Consumer Non Durables 353 0.35 0.01% 342 INE152B01027 GATI Limited Transportation 1,406 1.14 0.02% 473 INE244B01030 Patel Engineering Limited Construction 580 0.34 0.01% 343 INE501A01019 Deepak Fertilizers and Petrochemicals 474 INE681B01017 Indraprastha Medical Corporation Limited Healthcare Services 874 0.34 0.01% Corporation Limited Chemicals 936 1.12 0.02% 475 INE449A01011 Automotive Axles Limited Auto Ancillaries 85 0.33 0.01% 344 INE800H01010 Omaxe Limited Construction 885 1.12 0.02% 476 INE993A01026 Man Industries (India) Limited Ferrous Metals 548 0.33 0.01% 345 INE648A01026 State Bank of Bikaner and Jaipur Banks 340 1.12 0.02% 477 INE524A01029 Gabriel India Limited Auto Ancillaries 1,114 0.33 0.01% 346 INE107A01015 Tamil Nadu Newsprint & Papers Limited Paper 871 1.12 0.02% 478 INE216H01027 Educomp Solutions Limited Software 1,315 0.33 0.01% 347 INE499A01024 DCM Shriram Limited Consumer Non Durables 1,210 1.12 0.02% 479 INE486J01014 Infi nite Computer Solutions (India) Limited Software 241 0.32 0.01% 348 INE271B01025 Maharashtra Seamless Limited Ferrous Metals 574 1.11 0.02% 480 INE266F01018 Aptech Limited Software 424 0.32 0.01% 349 INE872A01014 SREI Infrastructure Finance Limited Finance 4,069 1.11 0.02% 481 INE631A01022 Shanthi Gears Limited Auto Ancillaries 475 0.31 0.01% 350 INE879I01012 D B Realty Limited Construction 1,826 1.10 0.02% 482 INE477A01012 Can Fin Homes Limited Finance 162 0.31 0.01% 351 INE258A01016 BEML Limited Industrial Capital Goods 373 1.09 0.02% 483 INE976A01021 West Coast Paper Mills Limited Paper 579 0.31 0.01% 352 INE549A01026 Hindustan Construction Company Limited Construction Project 6,396 1.08 0.02% 484 INE369I01014 IL&FS Engineering and Construction Company Limited Construction 739 0.30 ^ 353 INE332A01027 Thomas Cook (India) Limited Transportation 1,207 1.08 0.02% 485 INE436A01026 Ansal Properties & Infrastructure Limited Construction 1,637 0.30 ^ 354 INE270A01011 Alok Industries Limited Textile Products 16,438 1.07 0.02% 486 INE614A01028 Ramco Industries Limited Cement 777 0.29 ^ 355 INE228A01035 Usha Martin Limited Ferrous Metals 3,019 1.06 0.02% 487 INE703H01016 Hubtown Limited Construction 248 0.29 ^ 356 INE209A01019 Agro Tech Foods Limited Consumer Non Durables 208 1.05 0.02% continued.... GOLDMAN SACHS MUTUAL FUND 951-A, Rational House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Tel. (9122) 6616 9000  Fax: (9122) 6627 9245  Toll Free: 1800-266-1220 E-mail us at [email protected].  Visit us at www.gsam.in HALF-YEARLY PORTFOLIO AS ON MARCH 31, 2014 ( Pursuant to Regulation 59A of Securities and Exchange Board of India [ Mutual Funds ] Regulations, 1996 )

Goldman Sachs CNX 500 Fund (GS CNX 500) (contd....) Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets 32 HK0019000162 Swire Pacifi c Limited A Conglomerates 663 4.63 0.79% 33 KYG210961051 China Mengniu Diary Consumer Goods 1,440 4.32 0.74% 488 INE550H01011 Supreme Infrastructure India Limited Construction Project 125 0.28 ^ 489 INE506A01018 Dredging Corporation of India Limited Engineering Services 117 0.28 ^ 34 HK0101000591 Hang Lung Properties Limited Properties & Construction 2,343 4.04 0.69% 490 INE500A01029 DCW Limited Chemicals 2,283 0.27 ^ 35 CNE100000205 Bank of Communications Co. Limited Financials 9,157 3.59 0.61% 491 INE181G01025 Gammon Infrastructure Projects Limited Construction Project 3,573 0.27 ^ 36 KYG8878S1030 Tingyi (Cayman Islands) Holding Corp. Consumer Goods 2,049 3.52 0.60% 492 INE892H01017 Gol Offshore Limited Oil 364 0.26 ^ 37 HK0012000102 Henderson Land Development Co. Limited Properties & Construction 988 3.46 0.59% 493 INE422C01014 The Tinplate Company of India Limited Ferrous Metals 510 0.26 ^ 38 BMG5320C1082 Kunlun Energy Company Limited Energy 3,374 3.38 0.58% 494 INE259B01020 Gammon India Limited Construction Project 1,651 0.24 ^ 39 HK0023000190 Bank of East Asia Limited Financials 1,437 3.36 0.58% 495 INE560A01015 India Glycols Limited Chemicals 235 0.22 ^ 40 HK0066009694 Mtr Corporation Limited Consumer Services 1,517 3.36 0.58% 496 INE628H01015 Orbit Corporation Limited Construction 1,286 0.22 ^ 497 INE949H01015 Man Infraconstruction Limited Construction 225 0.21 ^ 41 HK0836012952 China Resources Power Holdings Co. Limited Utilities 2,005 3.13 0.54% 498 INE039E01020 Era Infra Engineering Limited Construction 1,446 0.19 ^ 42 KYG097021045 Belle International Holdings Limited Consumer Goods 4,853 2.90 0.50% 499 INE772A01016 S. Kumars Nationwide Limited Textile Products 4,929 0.18 ^ 43 KYG2108Y1052 China Resources Land Limited Properties & Construction 2,135 2.81 0.48% 500 INE247G01024 CORE Education & Technologies Limited Software 1,390 0.17 ^ 44 HK0083000502 Sino Land Co. Limited Properties & Construction 3,129 2.76 0.47% Total 6,039.72 99.49% 45 HK0144000764 China Merchants Holdings (International) Co. Limited Industrials 1,189 2.45 0.42% UNLISTED 46 HK0017000149 New World Development Co. Limited Properties & Construction 3,962 2.39 0.41% 501 Tata Power Company Limited - Rights ** Power 4,419 1.11 0.02% 502 IL&FS Transportation Networks Limited - Rights ** Transportation 233 0.04 ^ 47 HK0291001490 China Resources Enterprise Limited Consumer Services 1,257 2.13 0.36% Total 1.15 0.02% 48 HK0267001375 Citic Pacifi c Limited Conglomerates 1,718 1.83 0.31% 49 BMG2442N1048 Cosco Pacifi c Limited Industrials 1,828 1.40 0.24% (b) SECURITIZED DEBT - - 50 HK0293001514 Cathay Pacifi c Airways Limited Consumer Services 1,235 1.38 0.24% Total - - Total 464,188 578.18 99.02% (c) COLLATERALISED BORROWING AND - - LENDING OBLIGATION UNLISTED 51 New World Development Co. Ltd - Rights ** Properties & Construction 1,320 0.16 0.03% Total - - 52 New World Development Co. Ltd - Rights ** Properties & Construction 97 0.00 0.00% (d) NET CURRENT ASSETS 29.60 0.49% Total 0.16 0.03% Total 29.60 0.49% (b) SECURITIZED DEBT - - TOTAL NET ASSETS 6,070.47 100.00% Total - - *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002 (c) NET CURRENT ASSETS 5.54 0.95% ** Indicates thinly traded / non traded and illiquid securities as defi ned in SEBI Regulations and Guidelines. ^ Less Than 0.01% of Net Asset Value Total 5.54 0.95% NOTES: TOTAL NET ASSETS 583.88 100.00% 1. Total NPAs provided for Nil *Classifi cation as provided by Hang Seng Indexes Company Limited, the Index provider. 2. Total value and percentage of illiquid equity shares Nil **Indicates thinly traded / non traded and illiquid securities as defi ned in SEBI Regulations and Guidelines. 3. NAV at the beginning of the half-year period (Rs. per unit) Distributor Plan -Growth Option 18.6105 NOTES: Distributor Plan -Dividend Option 11.6458 1. Total NPAs provided for Nil Direct Plan -Growth Option 18.6638 2. Total value of illiquid equity shares amounts to Rs. 0.16 Lakhs and its percentage to Net Asset Value is 0.03%. Direct Plan- Dividend Option 11.6779 3. NAV at the beginning of the half-year period (Rs. per unit) 2,014.0938 4. NAV at the end of the half-year period (Rs. per unit) 4. NAV at the end of the half-year period (Rs. per unit) 1,873.3419 Distributor Plan -Growth Option 22.0109 5. Exposure to derivative instrument at the end of the half-year period Nil Distributor Plan -Dividend Option 13.7737 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period 578.34 Direct Plan -Growth Option 22.1370 7. Portfolio Turnover Ratio 0.05 Direct Plan- Dividend Option 13.8532 8. Dividend declared during the half year period (Rs. per unit) Nil 5. Total outstanding exposure in derivative instruments at the end of month end at market value (Rs. in Lakhs) Nil 9. Repo transactions in corporate debt securities Nil 6. Investment in foreign securities/ADRs/GDRs at the end of the month Nil 7. Portfolio Turnover Ratio 0.07 Goldman Sachs Short Term Fund (GSSTF) 8. Dividend declared during the half year (Rs per unit) Nil 9. Repo transactions in corporate debt securities Nil Sr. ISIN Name of Instrument Rating Quantity Market value % to Net No. (Rs. in lakhs) Assets Goldman Sachs CNX Nifty Shariah Index Exchange Traded Scheme (GS SHARIAH BeES) (a) DEBT INSTRUMENTS - - Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net Total - - No. Classifi cation* (Rs. in lakhs) Assets (b) SECURITIZED DEBT - - EQUITY & EQUITY RELATED Total - - (a) INSTRUMENTS (c) COLLATERALISED BORROWING AND LISTED LENDING OBLIGATION 634.81 97.81% 1 INE002A01018 Reliance Industries Limited Petroleum Products 1,926 17.93 22.41% Total 634.81 97.81% 2 INE467B01029 Tata Consultancy Services Limited Software 599 12.78 15.97% (d) NET CURRENT ASSETS 14.24 2.19% 3 INE030A01027 Hindustan Unilever Limited Consumer Non Durables 829 5.02 6.27% 4 INE397D01024 Bharti Airtel Limited Telecom - Services 1,394 4.43 5.54% Total 14.24 2.19% 5 INE860A01027 HCL Technologies Limited Software 313 4.35 5.44% TOTAL NET ASSETS 649.05 100.00% 6 INE075A01022 Wipro Limited Software 766 4.16 5.20% NOTES : 7 INE089A01023 Dr. Reddy's Laboratories Limited Pharmaceuticals 148 3.79 4.74% 1. Total NPAs provided for Nil 8 INE917I01010 Bajaj Auto Limited Auto 157 3.27 4.09% 2. Total value and percentage of illiquid equity shares Nil 9 INE158A01026 Hero MotoCorp Limited Auto 141 3.21 4.01% 3. NAV at the beginning of the half-year period (Rs. per unit) 10 INE585B01010 Maruti Suzuki India Limited Auto 155 3.06 3.82% Distributor Plan - Growth Option 12.3674 11 INE021A01026 Asian Paints Limited Consumer Non Durables 531 2.91 3.64% Distributor Plan - Daily Dividend Option 10.0000 12 INE326A01037 Lupin Limited Pharmaceuticals 280 2.61 3.27% Distributor Plan - Weekly Dividend Option 10.0071 13 INE481G01011 UltraTech Cement Limited Cement 119 2.60 3.25% Direct Plan - Growth Option 12.3858 14 INE059A01026 Cipla Limited Pharmaceuticals 594 2.27 2.84% Direct Plan - Daily Dividend Option 10.0000 15 INE129A01019 GAIL (India) Limited Gas 526 1.98 2.47% Direct Plan - Weekly Dividend Option 10.0073 16 INE257A01026 Bharat Heavy Electricals Limited Industrial Capital Goods 926 1.82 2.27% 17 INE079A01024 Ambuja Cements Limited Cement 897 1.81 2.27% 4. NAV at the end of the half-year period (Rs. per unit)~ 18 INE012A01025 ACC Limited Cement 110 1.54 1.92% Distributor Plan - Growth Option 12.8335 Total 79.54 99.42% Distributor Plan - Daily Dividend Option 10.0000 Distributor Plan - Weekly Dividend Option 10.0000 (b) SECURITIZED DEBT - - Direct Plan - Growth Option 12.8716 Total - - Direct Plan - Daily Dividend Option 10.0000 (c) NET CURRENT ASSETS 0.46 0.58% Direct Plan - Weekly Dividend Option 10.0000 Total 0.46 0.58% 5. Exposure to derivative instrument at the end of the half-year period Nil 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil TOTAL NET ASSETS 80.00 100.00% 7. Average Maturity Period (in days) 2.00 *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002. 8. Dividend declared during the half year period (Rs. per unit) NOTES: Distributor Plan - Daily Dividend Option Individual & HUF 0.288386 1. Total NPAs provided for Nil Others 0.276207 2. Total value and percentage of illiquid equity shares Nil Direct Plan - Daily Dividend Option Individual & HUF 0.300045 3. NAV at the beginning of the half-year period (Rs. per unit) 138.1892 Others 0.287358 4. NAV at the end of the half-year period (Rs. per unit) 152.2080 Distributor Plan - Weekly Dividend Option Individual & HUF 0.294097 5. Exposure to derivative instrument at the end of the half-year period Nil Others 0.281662 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil Direct Plan - Weekly Dividend Option Individual & HUF 0.305753 7. Portfolio Turnover Ratio 0.46 Others 0.292827 8. Dividend declared during the half year period (Rs. per unit) 2.00 9. Repo transactions in corporate debt securities Nil 9. Repo transactions in corporate debt securities Nil ~ NAV as at the last business day i.e. March 28, 2014 Goldman Sachs Hang Seng Exchange Traded Scheme (GS HANG SENG BeES) Goldman Sachs Infrastructure Exchange Traded Scheme (GS INFRA BeES) Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net No. Classifi cation* (Rs. in lakhs) Assets No. Classifi cation* (Rs. in lakhs) Assets (a) EQUITY & EQUITY RELATED (a) EQUITY & EQUITY RELATED INSTRUMENTS INSTRUMENTS LISTED LISTED 1 GB0005405286 HSBC Holdings Plc Financials 14,087 85.52 14.65% 1 INE018A01030 Larsen & Toubro Limited Construction Project 118,216 1,503.59 34.25% 2 KYG875721485 Tencent Holdings Limited Information Technology 1,168 48.70 8.34% 2 INE397D01024 Bharti Airtel Limited Telecom - Services 172,648 548.59 12.50% 3 CNE1000002H1 China Construction Bank Corporation Financials 88,034 36.94 6.33% 3 INE733E01010 NTPC Limited Power 299,047 358.56 8.17% 4 HK0000069689 Aia Group Limited Financials 12,600 35.83 6.14% 4 INE752E01010 Power Grid Corporation of India Limited Power 319,581 335.56 7.64% 5 HK0941009539 China Mobile Limited Telecommunications 6,309 34.62 5.93% 5 INE257A01026 Bharat Heavy Electricals Limited Industrial Capital Goods 114,699 224.87 5.12% 6 CNE1000003G1 Industrial And Commercial Bank of China Limited Financials 72,643 26.78 4.59% 6 INE245A01021 Tata Power Company Limited Power 261,439 222.62 5.07% 7 CNE1000001Z5 Bank of China Limited Financials 83,111 22.10 3.78% 8 HK0013000119 Hutchison Whampoa Limited Conglomerates 2,230 17.70 3.03% 7 INE669E01016 Idea Cellular Limited Telecom - Services 117,208 161.10 3.67% 9 HK0883013259 Cnooc Limited Energy 18,684 16.84 2.88% 8 INE742F01042 Adani Ports and Special Economic Zone Limited Transportation 75,130 140.83 3.21% 10 HK0001000014 Cheung Kong (Holdings) Limited Properties & Construction 1,454 14.45 2.47% 9 INE330H01018 Reliance Communications Limited Telecom - Services 96,501 124.39 2.83% 11 CNE1000003W8 Petrochina Co. Limited Energy 22,074 14.42 2.47% 10 INE003A01024 Siemens Limited Industrial Capital Goods 12,864 99.36 2.26% 12 CNE1000002Q2 China Petroleum & Chemical Corporation Energy 26,692 14.32 2.45% 11 INE455F01025 Jaiprakash Associates Limited Construction 176,658 94.87 2.16% 13 CNE1000002L3 China Life Insurance Co. Limited Financials 7,785 13.21 2.26% 12 INE036A01016 Reliance Infrastructure Limited Power 19,695 85.41 1.95% 14 HK0027032686 Galaxy Entertainment Group Limited Consumer Services 2,428 12.66 2.17% 13 INE067A01029 Crompton Greaves Limited Industrial Capital Goods 52,263 83.83 1.91% 15 KYG7800X1079 Sands China Limited Consumer Services 2,531 11.34 1.94% 14 INE614G01033 Reliance Power Limited Power 101,847 71.95 1.64% 16 CNE1000003X6 Ping An Insurance (Group) Co. of China Limited Financials 2,128 10.57 1.81% 15 INE226A01021 Voltas Limited Construction Project 33,402 53.74 1.22% 17 HK0388045442 Hong Kong Exchanges And Clearing Limited Financials 1,154 10.49 1.80% 16 INE486A01013 CESC Limited Power 8,675 43.48 0.99% 18 HK0016000132 Sun Hung Kai Properties Limited Properties & Construction 1,415 10.39 1.78% 17 INE848E01016 NHPC Limited Power 225,571 43.08 0.98% 19 HK0002007356 CLP Holdings Limited Utilities 1,982 8.96 1.53% 20 HK0003000038 Hong Kong And China Gas Co. Limited Utilities 6,001 7.85 1.34% 18 INE121E01018 JSW Energy Limited Power 59,446 35.22 0.80% 21 HK0011000095 Hang Seng Bank Limited Financials 800 7.64 1.31% 19 INE776C01039 GMR Infrastructure Limited Construction Project 159,794 34.91 0.80% 22 HK0006000050 Power Assets Holdings Limited Utilities 1,451 7.54 1.29% 20 INE151A01013 Tata Communications Limited Telecom - Services 10,351 31.79 0.72% 23 KYG9431R1039 Want Want China Holdings Limited Consumer Goods 7,609 6.81 1.17% 21 INE814H01011 Adani Power Limited Power 49,925 24.26 0.55% 24 HK0688002218 China Overseas Land & Investment Limited Properties & Construction 4,275 6.64 1.14% 22 INE877F01012 PTC India Limited Power 34,559 23.43 0.53% 25 HK2388011192 Boc Hong Kong (Holdings) Limited Financials 3,871 6.61 1.13% 23 INE821I01014 IRB Infrastructure Developers Limited Construction 18,200 18.80 0.43% 26 CNE1000002R0 China Shenhua Energy Co. Limited Energy 3,556 6.16 1.05% 24 INE351F01018 Jaiprakash Power Ventures Limited Power 99,504 14.08 0.32% 27 HK0004000045 The Wharf (Holdings) Limited Properties & Construction 1,585 6.08 1.04% Total 4,378.33 99.74% 28 BMG5485F1692 Li & Fung Limited Consumer Goods 6,123 5.42 0.93% 29 KYG4402L1510 Hengan International Group Co. Limited Consumer Goods 837 5.20 0.89% UNLISTED 25 Tata Power Company Limited - Rights ** Power 3,698 0.93 0.02% 30 HK0000049939 China Unicom (Hong Kong) Limited Telecommunications 6,219 4.90 0.84% 31 HK0992009065 Lenovo Group Limited Information Technology 7,073 4.68 0.80% Total 0.93 0.02% continued.... GOLDMAN SACHS MUTUAL FUND 951-A, Rational House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Tel. (9122) 6616 9000  Fax: (9122) 6627 9245  Toll Free: 1800-266-1220 E-mail us at [email protected].  Visit us at www.gsam.in HALF-YEARLY PORTFOLIO AS ON MARCH 31, 2014 ( Pursuant to Regulation 59A of Securities and Exchange Board of India [ Mutual Funds ] Regulations, 1996 )

Goldman Sachs Infrastructure Exchange Traded Scheme (GS INFRA BeES) (contd....) NOTES: 1. Total NPAs provided for Nil Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net 2. Total value and percentage of illiquid equity shares Nil No. Classifi cation* (Rs. in lakhs) Assets 3. NAV at the beginning of the half-year period (Rs. per unit) (b) SECURITIZED DEBT - - Distributor Plan - Growth Option 9.88 Total - - Distributor Plan - Dividend Option 9.88 Direct Plan - Growth Option 9.92 (c) NET CURRENT ASSETS 10.49 0.24% Direct Plan - Dividend Option 9.92 Total 10.49 0.24% 4. NAV at the end of the half-year period (Rs. per unit) TOTAL NET ASSETS 4,389.75 100.00% Distributor Plan - Growth Option 12.48 Distributor Plan - Dividend Option 12.48 *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002. Direct Plan - Growth Option 12.55 **Indicates thinly traded / non traded and illiquid securities as defi ned in SEBI Regulations and Guidelines. Direct Plan - Dividend Option 12.55 NOTES: 5. Exposure to derivative instrument at the end of the half-year period (Rs. in Lakhs) 47.18 1. Total NPAs provided for Nil (NIFTY INDEX FUTURE - LONG FOR APRIL 2014 EXPIRING ON APRIL 23, 2014) 2. Total value of illiquid equity shares amounts to Rs. 0.93 Lakhs and its percentage to Net Asset Value is 0.02% 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 3. NAV at the beginning of the half-year period (Rs. per unit) 214.8936 7. Portfolio Turnover Ratio 0.63 4. NAV at the end of the half-year period (Rs. per unit) 262.9096 8. Dividend declared during the half year period (Rs. per unit) Nil 5. Exposure to derivative instrument at the end of the half-year period Nil 9. Repo transactions in corporate debt securities Nil 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil 7. Portfolio Turnover Ratio 10.49 Disclosure for derivative positions as per SEBI Circular No. CIR/IMD/DF/11/2010 dated August 18, 2010: 8. Dividend declared during the half year period (Rs. per unit) Nil 9. Repo transactions in corporate debt securities Nil Goldman Sachs India Equity Fund (GSIEF) A. Hedging Positions through Futures as on March 31, 2014 Goldman Sachs India Equity Fund (GSIEF) Underlying Long / Short Futures Price when Current price of the Margin maintained in Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net purchased contract Rs. Lakhs No. Classifi cation* (Rs. in lakhs) Assets Total %age (gross exposure) of existing assets hedged through futures : NIL (a) EQUITY & EQUITY RELATED For the half year ended March 31, 2014 following details specifi ed for hedging transactions through futures which have been squared off/expired: INSTRUMENTS Total Number of contracts where futures were bought : NIL LISTED Total Number of contracts where futures were sold : NIL 1 INE090A01013 ICICI Bank Limited Banks 54,901 683.54 7.17% Gross Notional Value of contracts where futures were bought : NIL 2 INE040A01026 HDFC Bank Limited Banks 54,579 408.69 4.29% Gross Notional Value of contracts where futures were sold : NIL 3 INE238A01026 Axis Bank Limited Banks 23,205 338.91 3.55% Net Loss value on all contracts combined : NIL 4 INE860A01027 HCL Technologies Limited Software 21,490 298.86 3.13% B. Other than Hedging Positions through Futures as on March 31, 2014 5 INE095A01012 IndusInd Bank Limited Banks 57,033 286.22 3.00% 6 INE154A01025 ITC Limited Consumer Non Durables 77,368 272.99 2.86% Underlying Long / Short Futures Price when Current price of the Margin maintained 7 INE009A01021 Infosys Limited Software 8,295 272.31 2.86% purchased (Rs.) contract (Rs.) (Rs. Lakhs) 8 INE296A01016 Bajaj Finance Limited Finance 14,891 266.70 2.80% Nifty Index Long 6,654.79 6,739.65 4.77 9 INE323A01026 Bosch Limited Auto Ancillaries 2,205 240.18 2.52% Total exposure (gross exposure) due to futures (non hedging positions) as a %age of net assets : 0.49% 10 INE047A01013 Grasim Industries Limited Cement 6,822 197.02 2.07% For the half year ended March 31, 2014 following details specifi ed for non-hedging transactions through futures which have been squared 11 INE585B01010 Maruti Suzuki India Limited Auto 9,781 192.86 2.02% off/expired: 12 INE158A01026 Hero MotoCorp Limited Auto 7,669 174.45 1.83% Total Number of contracts where futures were bought : 8863 13 INE612J01015 Repco Home Finance Limited Finance 51,983 173.47 1.82% Total Number of contracts where futures were sold : 8863 14 INE003A01024 Siemens Limited Industrial Capital Goods 22,206 171.51 1.80% Gross Notional Value of contracts where futures were bought : Rs 3484.86 lakhs 15 INE669C01028 Tech Mahindra Limited Software 9,525 171.01 1.79% Gross Notional Value of contracts where futures were sold : Rs 3489.85 lakhs 16 INE152A01029 Thermax Limited Industrial Capital Goods 22,514 168.45 1.77% Net Profi t value on all contracts combined : Rs 4.98 lakhs 17 INE787D01026 Balkrishna Industries Limited Auto Ancillaries 31,002 147.97 1.55% 18 INE280A01028 Titan Company Limited Consumer Durables 54,398 142.90 1.50% C. Hedging Positions through Put Options as on March 31, 2014 19 INE671H01015 Sobha Developers Limited Construction 36,618 137.13 1.44% Underlying Number of Contracts Option Price when Current Option Price 20 INE881D01027 Oracle Financial Services Software Limited Software 4,317 133.29 1.40% purchased 21 INE854D01016 United Spirits Limited Consumer Non Durables 4,925 130.39 1.37% NIL 22 INE599M01018 Just Dial Limited Software 8,346 129.31 1.36% 23 INE081A01012 Tata Steel Limited Ferrous Metals 32,638 128.58 1.35% Total % age of existing assets hedged through put options - NIL 24 INE414G01012 Muthoot Finance Limited Finance 70,353 121.01 1.27% For the half year ended March 31, 2014 following details specifi ed for hedging transactions through options which have already been exercised/ 25 INE226A01021 Voltas Limited Construction Project 74,658 120.12 1.26% expired: 26 INE066A01013 Eicher Motors Limited Auto 2,004 119.47 1.25% Total Number of contracts entered into : NIL 27 INE331A01037 The Ramco Cements Limited Cement 54,392 117.11 1.23% Gross National value of contracts : NIL 28 INE028A01013 Bank of Baroda Banks 16,016 115.44 1.21% Net Profi t/Loss on all contracts (premium paid treated as loss) : NIL 29 INE811K01011 Prestige Estates Projects Limited Construction 67,118 114.34 1.20% D. Other than Hedging Positions through Options as on March 31, 2014 30 INE522F01014 Coal India Limited Minerals/Mining 39,290 113.45 1.19% 31 INE326A01037 Lupin Limited Pharmaceuticals 11,787 109.99 1.15% Underlying Call / put Number of contracts Option Price when Current Price 32 INE318A01026 Pidilite Industries Limited Chemicals 33,897 104.08 1.09% purchased 33 INE233B01017 Blue Dart Express Limited Transportation 2,786 103.66 1.09% NIL 34 INE710A01016 VST Industries Limited Consumer Non Durables 6,087 100.19 1.05% Total Exposure through options as a %age of net assets : NIL 35 INE640A01023 SKF India Limited Industrial Products 12,369 100.16 1.05% For the half year ended March 31, 2014 following details specifi ed with regrd to non-hedging transactions through options which have already 36 INE176A01010 Bata India Limited Consumer Durables 8,659 98.77 1.04% been exercised/expired: 37 INE455I01029 Kaveri Seed Company Limited Consumer Non Durables 15,435 98.74 1.04% Total Number of contracts entered into : NIL 38 INE055A01016 Century Textiles & Industries Limited Cement 26,206 95.21 1.00% Gross National Value of contracts : NIL 39 INE200A01026 Alstom T&D India Limited Industrial Capital Goods 37,494 93.38 0.98% Net Profi t/Loss on all contracts (premium paid treated as loss) : NIL 40 INE571A01020 IPCA Laboratories Limited Pharmaceuticals 11,030 93.19 0.98% 41 INE010B01019 Cadila Healthcare Limited Pharmaceuticals 8,716 89.33 0.94% E. Hedging Positions through swaps as on March 31, 2014 - NIL 42 INE745G01035 Multi Commodity Exchange of India Limited Finance 17,734 87.62 0.92% 43 INE070A01015 Shree Cements Limited Cement 1,514 85.86 0.90% CPSE ETF 44 INE118A01012 Bajaj Holdings & Investment Limited Finance 8,024 82.23 0.86% 45 INE965H01011 Siti Cable Network Limited Media & Entertainment 393,698 81.10 0.85% Sr. ISIN Name of Instrument Sub - Industry Quantity Market value % to Net 46 INE424H01027 Sun TV Network Limited Media & Entertainment 19,805 79.57 0.83% No. Classifi cation* (Rs. in lakhs) Assets 47 INE192A01025 Tata Global Beverages Limited Consumer Non Durables 51,003 76.53 0.80% (a) EQUITY & EQUITY RELATED 48 INE591G01017 NIIT Technologies Limited Software 18,916 76.15 0.80% INSTRUMENTS 49 INE054A01027 VIP Industries Limited Consumer Durables 71,550 74.91 0.79% LISTED 50 INE203A01020 AstraZeneca Pharma India Limited Pharmaceuticals 6,718 74.22 0.78% 1 INE213A01029 Oil & Natural Gas Corporation Limited Oil 24,837,309 79,156.50 23.31% 51 INE322A01010 Gillette India Limited Consumer Non Durables 3,749 73.99 0.78% 2 INE522F01014 Coal India Limited Minerals/Mining 22,083,299 63,765.53 18.78% 52 INE528G01019 Yes Bank Limited Banks 17,824 73.78 0.77% 3 INE129A01019 GAIL (India) Limited Gas 15,704,349 59,056.20 17.39% 53 INE917I01010 Bajaj Auto Limited Auto 3,514 73.22 0.77% 54 INE094I01018 Kolte - Patil Developers Limited Construction 67,093 69.54 0.73% 4 INE020B01018 Rural Electrifi cation Corporation Limited Finance 11,462,377 26,329.08 7.75% 55 INE901L01018 Alembic Pharmaceuticals Limited Pharmaceuticals 24,142 68.82 0.72% 5 INE111A01017 Container Corporation of India Limited Transportation 2,516,370 24,420.11 7.19% 56 INE007A01025 CRISIL Limited Finance 5,535 68.08 0.71% 6 INE242A01010 Indian Oil Corporation Limited Petroleum Products 8,412,210 23,692.99 6.98% 57 INE323I01011 Puravankara Projects Limited Construction 99,829 68.03 0.71% 7 INE134E01011 Power Finance Corporation Limited Finance 12,131,051 23,437.19 6.90% 58 INE663F01024 Info Edge (India) Limited Software 10,819 67.03 0.70% 8 INE274J01014 Oil India Limited Oil 4,763,555 23,057.99 6.79% 59 INE484J01027 Godrej Properties Limited Construction 30,916 66.11 0.69% 9 INE510A01028 Engineers India Limited Construction Project 3,486,751 7,867.85 2.32% 60 INE202B01012 Dewan Housing Finance Corporation Limited Finance 29,878 65.36 0.69% 10 INE263A01016 Bharat Electronics Limited Industrial Capital Goods 675,136 7,750.22 2.28% 61 INE548C01032 Emami Limited Consumer Non Durables 14,911 64.91 0.68% Total 338,533.67 99.69% 62 INE093I01010 Oberoi Realty Limited Construction 29,985 64.72 0.68% 63 INE216A01022 Britannia Industries Limited Consumer Non Durables 7,292 61.50 0.65% (b) SECURITIZED DEBT - - 64 INE239A01016 Nestle India Limited Consumer Non Durables 1,214 61.05 0.64% Total - - 65 INE987B01018 Natco Pharma Limited Pharmaceuticals 7,544 60.24 0.63% (c) NET CURRENT ASSETS 1,037.54 0.31% 66 INE143H01015 KSK Energy Ventures Limited Power 87,210 59.78 0.63% Total 1,037.54 0.31% 67 INE111A01017 Container Corporation of India Limited Transportation 5,921 57.46 0.60% 68 INE179A01014 Procter & Gamble Hygiene and Health Care Limited Consumer Non Durables 1,765 56.44 0.59% TOTAL NET ASSETS 339,571.21 100.00% 69 INE684F01012 Firstsource Solutions Limited Software 213,773 53.98 0.57% *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002. 70 INE209A01019 Agro Tech Foods Limited Consumer Non Durables 10,035 50.75 0.53% 71 INE274B01011 Monsanto India Limited Pesticides 3,377 50.64 0.53% NOTES: 1. Total NPAs provided for Nil 72 INE361B01024 Divi's Laboratories Limited Pharmaceuticals 3,536 48.30 0.51% 2. Total value and percentage of illiquid equity shares Nil 73 INE738I01010 eClerx Services Limited Software 4,296 45.58 0.48% 3. NAV at the beginning of the half-year period (Rs. per unit) !- - 74 INE312H01016 INOX Leisure Limited Media & Entertainment 37,629 43.41 0.46% 4. NAV at the end of the half-year period (Rs. per unit) ~ 17.4504 75 INE786A01032 JK Lakshmi Cement Limited Cement 36,872 41.19 0.43% 5. Exposure to derivative instrument at the end of the half-year period Nil Total 9,406.47 98.67% 6. Investment in foreign securities/ADRs/GDRs at the end of the half-year period Nil (b) SECURITIZED DEBT - - 7. Portfolio Turnover Ratio Nil 8. Dividend declared during the half year period (Rs. per unit) Nil Total - - 9. Repo transactions in corporate debt securities Nil (c) COLLATERALISED BORROWING AND ~ Represents Allotment NAV as of March 28, 2014 since scheme has not opened for ongoing subscriptions/redemptions. LENDING OBLIGATION 84.98 0.89% !- Scheme launched during the month of March 2014 Total 84.98 0.89% STATUTORY DETAILS: Goldman Sachs Mutual Fund has been set up as a trust by Goldman Sachs Asset Management L.P. (liability restricted to (d) NET CURRENT ASSETS 42.08 0.44% seed corpus of Rs. 1 Lakhs) with Goldman Sachs Trustee Company (India) Private Limited as the Trustee (Trustee under the Indian Trusts Act, 1882) Total 42.08 0.44% and Goldman Sachs Asset Management (India) Private Limited as the Investment Manager. The fund offers NAVs, purchases and redemptions on all TOTAL NET ASSETS 9,533.53 100.00% business days except during the period when there is a book closure. RISK FACTORS: 1. This is not an advertisement soliciting subscription to units of the schemes of Goldman Sachs Mutual Fund. *Classifi cation as per SEBI Circular No. MFD/CIR/14/18337/2002 dated 19th September 2002. 2. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.