Invesco Contra Gr Category Suggested Horizon Equity - Value Fund 3 Years and above

Investment Objective Trailing Returns Investment Growth To generate capital appreciation by investing Period Inv Bmk1 Time Period: 12/1/2014 to 11/30/2019 predominantly in Equity and Equity Related Instruments 3 months 9.10 9.31 180.0 through contrarian investing. 6 months 0.10 0.09 170.0

1 Year 6.35 7.73 160.0 2 Years 3.74 3.54 150.0 3 Years 13.57 11.50 140.0 5 Years 10.60 7.24 Manager Biography 130.0 Drawdown Taher Badshah since 1/10/2017 120.0 Time Period: 12/1/2016 to 11/30/2019 110.0 Operations Inv Bmk1 100.0

Inception Date 4/11/2007 Max Drawdown -11.46 -12.40 90.0 Max Drawdown # of Periods 2.00 2.00 80.0 Minimum Initial 1,000 2015 2017 2019 Max Drawdown Peak Date 9/1/2018 9/1/2018 Annual Report Net Expense Ratio 2.02 Max Drawdown Valley Date 10/31/2018 10/31/2018 Invesco India Contra Gr IISL Nifty 500 PR INR

Turnover Ratio % 115.78 Leading Detractors Leading Contributors Time Period: 12/1/2018 to 11/30/2019 Time Period: 12/1/2018 to 11/30/2019 NAV (Mo-End) 48.90 Rescaled Rescaled Return Contribution Return Contribution Weight Weight Risk Reward Exide Industries Ltd 2.61 -24.73 -0.76 ICICI Bank Ltd 8.03 44.68 3.38

Std Dev 13.87 Mahindra & Mahindra Ltd 1.92 -28.37 -0.72 Ltd 3.90 48.20 2.40

Alpha 0.40 ITC Ltd 1.99 -10.02 -0.52 HDFC Bank Ltd 8.88 20.81 1.75 Sharpe Ratio 0.74 Mahindra & Mahindra Financial Services Ltd 0.84 -20.17 -0.51 Corp Ltd 2.22 67.53 1.10 Treynor Ratio 9.92 Zee Entertainment Enterprises Ltd 0.96 -30.69 -0.49 Ltd 1.66 53.71 0.96 R-Squared 94.17 Returns Asset Allocation Calculation Benchmark: IISL Nifty 500 PR INR Portfolio Date: 11/30/2019 70.0 63.0 60.0 % 50.0 45.6 37.8 Stock 98.3 40.0 35.9 30.0 Bond 0.0 20.0 7.0 6.7 Cash 1.7 10.0 5.6 3.8 4.0 0.0 Other 0.0 -10.0 -3.3 -3.4 -0.7 -20.0 Total 100.0 YTD 2018 2017 2016 2015 2014 Return

Market Capitalization Invesco India Contra Gr IISL Nifty 500 PR INR Portfolio Date: 11/30/2019 % Sector Allocation Portfolio Holdings Giant 50.7 Portfolio Date: 11/30/2019 Portfolio Date: 11/30/2019 Large 18.3 Basic Materials % 4.94 % Mid 24.7 Consumer Cyclical % 12.55 ICICI Bank Ltd 8.9 HDFC Bank Ltd 8.4 Financial Services % 30.77 Small 5.8 Reliance Industries Ltd 6.1 Micro 0.6 Real Estate % 0.00 Ltd 5.0 Total 100.0 Consumer Defensive % 6.36 Larsen & Toubro Ltd 4.1 Healthcare % 8.55 ITC Ltd 4.1 Past performance is not a guarantee of future returns. The value of Utilities % 6.30 Ltd 3.5 investments may fall as well as rise and investors may not get back Communication Services % 3.18 Bharti Airtel Ltd 3.0 the full amount invested. Any decision to invest should be based on a Sun Pharmaceuticals Industries Ltd 2.8 Energy % 7.87 full reading of the offer document. In case of any discrepancy State 2.7 between this sheet and the offer document in force, the offer Industrials % 8.68 Other 51.4 document shall prevail. Technology % 10.80 Total 100.0

Portfolio Date: 11/30/2019