Peerless Funds Management Company Limited About Us

PEERLESS FUNDS MANAGEMENT COMPANY LIMITED ABOUT US

• First Mutual Fund company headquartered at Eastern region – Kolkata

• 30 own branches with focus on Tier II to Tier IV locations

• Over 200 point of sales across the country

• Reaching out to the customers through vernacular mediums - call centres, account statements & forms and customer interaction in local language

• The collective people experience of over 100 years to ensure the commitment towards ‘maximum generation of value for all stakeholders’

• The funds are managed by experienced asset managers

• Believes in providing financial solutions for people’s needs

RECOGNITION & ACHIEVEMENTS

CARE has assigned the “Credit Risk Rating AAA mfs” to Peerless Liquid Fund , Peerless Ultra Short Term Fund & Peerless Flexible Income Fund

CARE Rating Methodology - The Funds have been assigned "Credit Risk Rating AAAmfs" by CARE Ratings (Credit Analysis and Research Limited). CARE's fund credit quality ratings are opinions on the overall credit quality of specific debt mutual fund. The rating captures fund's overall exposure to default risk. CARE uses the concept of credit scores, assigned to individual securities, as per credit scoring matrix developed by CARE. The score is essentially a function of the credit quality and rating of security and its internal residual maturity. The rating includes assessment of various qualitative factors including management quality and Management information systems and risk management systems in various operational areas. CARE reviews the rated mutual fund on an ongoing basis to support its published rating opinions. A detailed methodology can be sourced from www.careratings.com or Credit Analysis & Research Ltd.

THE SPONSOR COMPANY

THE PEERLESS GENERAL FINANCE & INVESTMENT COMPANY LIMITED [PGFI]

Peerless is a 83 year old diversified business conglomerate with a mainstay in financial services. The brand believes in listening to customers, understanding their needs and create solutions that will help them achieve their goals. An experience gained over 8 decades serves as the springboard to future success of the Peerless Group.

KEY FACTS

• Peerless has a net worth of around Rs. 1,500 Crs and is managed by a professional board • Peerless is a diversified business conglomerate with interests in Financial Services, Healthcare, Hospitality, Travel and Real Estate • Peerless has serviced more than 5 Crores customers • A countrywide footprint covering urban, semi urban and rural geographies • Experienced management team with strong credentials • Sound investment philosophy and strategy coupled with robust processes and risk management

PEERLESS TRUST MANAGEMENT COMPANY LIMITED

BOARD OF DIRECTORS

Mr. S. B. Ganguly, Chairman He was Chairman of Exide Industries and has been associated with no. of reputed public & private sector corporates including companies in financial sector like ING Vysya Life Insurance Co. Ltd. He is currently on the board of corporates like Magma Fincorp Ltd., Magma ITL Finance Ltd. , Rupa & Co. Ltd. and Emami Ltd. etc.

Mr. Sunil Mitra, Director He retired in June 2011 from the office of Revenue & Finance Secretary, Government of India after a successful 36 year career in the Indian Administrative Service (IAS). During his tenure in the Ministry of Finance, he led the Revenue teams in the formulation of the 2010 and 2011 Union Budgets and spearheaded several significant policy initiatives in public finance including a new disinvestment policy and taxation reforms. During his earlier tenures with the West Bengal Government, he led public policy reforms in the State-owned PSEs and the State’s power sector. He resides in Kolkata and is independent Director on the Boards of Edelweiss Financial Services Limited, IPE Global Pvt. Ltd. , Texmaco Rail & Eng. Ltd. , Nicco Park & Resorts Ltd. and Magma HDI General Insurance Co. Ltd. PEERLESS TRUST MANAGEMENT COMPANY LIMITED

BOARD OF DIRECTORS

Mr. S. K. Roy, Director He is engaged in the distribution of financial products like General & Life Insurance and Mutual Funds. He has also been instrumental in expanding Peerless into a diversified conglomerate. In recognition of his signal contribution in diverse spheres, Mr. S. K. Roy has been honored with "Padma Shri" by the Government of India amongst several other awards and accolades . He is on the Board of various Peerless Group companies including Peerless Trust Management Company Limited. He is also the Executive Committee Member of Federation of Indian Chamber of Commerce & Industry (FICCI).

PEERLESS FUNDS MANAGEMENT COMPANY LIMITED

BOARD OF DIRECTORS

CHAIRMAN

Mr. Partho Sarothy Datta, Chairman He is currently on the board of HDFC Bank and many other reputed companies. He was Finance Director with the Murugappa group & INDAL. He has vast experience in Finance related areas including M&A and Capital Market Strategy. He was also on the board of Cholamandalam Finance and Cholamandalam AMC.

Mr. Sanjoy Bhattacharyya, Director He is an IIM A - Graduate , a former CIO of HDFC Mutual Fund & Director of UBS Equity research. He has vast experience in Capital Markets & Investment Management, having managed money across equity & debt including hedge funds for both local & global investors. He is presently Managing Partner of Fortuna Capital. PEERLESS FUNDS MANAGEMENT COMPANY LIMITED

BOARD OF DIRECTORS

Mr. Malay Kumar Ghosh, Director Mr. Malay Kumar Ghosh holds a Masters in Statistics from the Indian Statistical Institute, Kolkata with specialization in Statistical Quality Control and Operations Research. Mr. Ghosh was a non-executive Director of Reliance Life Insurance Company Limited and has close to 30 years of enriching experience in the insurance industry having worked for insurance behemoths like Life Insurance Corporation of India and Bajaj Allianz Life insurance Co. Ltd.

Mr. Soumendra Mohan Basu, Director Mr. Soumendra Mohan Basu holds a Bachelor of Arts degree with Honors in English Literature from Presidency College and is a certified Executive Coach. Mr. Basu has around 33 years of vast experience in the banking industry in areas of planning, credit, marketing, operations and consumer banking having worked for banks like State Bank of India, ANZ Grindlays Bank and Standard Chartered Bank . He has also been associated with the Manpower Group, first as the Executive Chairman of Manpower Services India Pvt. Ltd. and then as Executive Adviser for workforce/skills development and Government/Industry relations. He is also a Non-Executive Director on the Boards of Endurance Technologies Pvt. Ltd. and India Carbon Ltd.

PEERLESS FUNDS MANAGEMENT COMPANY LIMITED

BOARD OF DIRECTORS

Mr. Jayanta Roy, Director

Hailing from an entrepreneurial family which pioneered financial services in the RNBC sector in the country, Mr. Roy is presently Managing Director & CEO of Peerless Financial Products Distribution Ltd. He is the prime force behind driving the financial product distribution business. He was formerly Director – Corporate Planning & Strategy of PGFI and 'Group Corporate Coordinator' of the company. He had also been President of Indian Chamber of Commerce (ICC), where he contributed significantly to giving a new direction to ICC's future growth path. He is currently on the Boards of Peerless group companies including Peerless Funds Management Company Limited.

PEERLESS FUNDS MANAGEMENT COMPANY LIMITED

BOARD OF DIRECTORS

Mr. Rajiv Shastri - Managing Director & CEO Rajiv Shastri is a qualified Chartered Accountant and also holds a Post graduation degree in Economic Management & Policy from University of Strathclyde, Glasgow. He has over 17 years of experience in the mutual fund industry with considerable exposure with entities & fund houses like DSP Merrill Lynch, Birla Sunlife, HDFC and ABN AMRO in investment related functions, corporate & Institutional relationships, risk control methodologies, procedures & tools, product development, etc. Mr. Shastri had also been responsible for driving business led growth with Sahara Mutual Fund, Lotus Mutual Fund, where he had achieved phenomenal growth through increased brand awareness measures, management of different verticals, managing strategic partnerships with stakeholders etc. His last assignment was with Pramerica Mutual Fund as Director & Business Head – Portfolio Management Services and Products with overall responsibility for establishing & managing the portfolio management business and developing asset management products.

PEERLESS FUNDS MANAGEMENT COMPANY LIMITED

HEAD EQUITIES

Mr. Amit Nigam Mr. Nigam brings in over 13 years of relevant industry experience to his new role. His ability to blend top down macro view with bottom up research has been a key building block in sustaining a successful track record of long-only portfolio management in cash equities.

Mr. Nigam joins Peerless Mutual Fund from BNP Paribas Investment Partners, Mumbai where he worked as a Senior Equity Portfolio Manager. Before that, he worked at BNP Paribas Mutual Fund as a Senior Equity Portfolio Manager & SBI Funds Management Pvt. Ltd., as an Equity Research Analyst. Earlier in his career Mr. Nigam served as an Assistant Manager in Reliance Industries Limited, Mumbai.

Mr. Nigam has completed his B. E. Mechanical from the University of Roorkee. He followed it up with a PGDM from the Indian Institute of Management, Indore. PEERLESS FUNDS MANAGEMENT COMPANY LIMITED

HEAD FIXED INCOME

Mr. Ramesh Rachuri Mr. Rachuri brings in over 12 years of relevant industry experience to his new role having previously served, as Senior Fund Manager in BOI AXA Investment Managers, earlier known as Bharti AXA. Prior to BOI AXA Investment Managers Mr. Rachuri worked as Head – Debt and Structured Products in Matrix AMC & PMS.

Before that, he held several executive leadership positions at Reliance Capital PMS, as Head – Debt and Structured Products & in Reliance Capital Mutual Fund, as a Fund Manager - Debt. Mr. Rachuri earned his Graduation in the field of commerce from Osmania University, Hyderabad. He followed it up with a Diploma in Sales & Marketing (DSM) from National Institute of Sales, Nungambakkam, Chennai. He is also certified in PGPM – Post Graduate Program in Management covering finance as major and systems, marketing, simulation and business forecasting from Indian Institute of Management, Indore. Adding on to his professional expertise Mr. Rachuri has undergone various training certification programs from the following:-

• Terrapin, Hong Kong in interest rate modeling and risk management. • Citigroup Investor, Shanghai in equity standard products and derivatives. • London Financial Studies, London in equity derivatives like advanced models, equity models-levy processes, stochastic volatility, pricing options using characteristic functions.

PRODUCT OFFERINGS

CASH MANAGEMENT DEBT EQUITY

• Peerless Flexible Income Fund • Peerless Liquid Fund • Peerless Short Term Fund • Peerless Ultra Short Term • Peerless Equity Fund • Peerless Income Plus Fund Fund • Peerless MF Child Plan

Note: Please refer to the color coding of funds in the following slide. COLOR CODING OF FUNDS

NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING* Peerless Liquid Fund  Income over short term.  Investment in debt and money market instruments. Open-ended Liquid Scheme  Low risk (Blue) Peerless Ultra Short Term Fund  Income over short term  Investment in money market and short term debt instruments. Open-ended Debt Scheme  Low risk (Blue) Peerless Short Term Fund  Income over short to medium term  Investment in debt and money market instruments.  Open-ended Debt Scheme Low risk (Blue) Peerless Flexible Income Fund  Income over medium to long term  Investment in debt instruments including bonds, debentures and government securities and money Open-ended Debt Scheme market instruments over various maturity periods.  Low risk (Blue) Peerless Income Plus Fund  Income over medium to long term  Investment in high quality fixed income securities and with a marginal exposure to equity and equity Open-ended Debt Scheme related instruments.  Medium risk (Yellow) Peerless MF Child Plan  Capital appreciation over long term.  Investment in fixed income securities, equity & equity related Instruments and Gold Exchange Traded Open-ended Debt Scheme Funds.  Medium risk (Yellow) Peerless Equity Fund  Capital appreciation over long term.  Investment in Equity & equity related securities diversified over various sectors.  Open Ended Equity Scheme High risk (Brown)

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as:

(BLUE) investors understand that (YELLOW) investors understand that their (BROWN) investors understand that their their principal will be at low risk principal will be at medium risk principal will be at high risk PRODUCT OFFERINGS – Institutional Segment

CASH MANAGEMENT FUNDS

PEERLESS LIQUID FUND (Inception Date: February 19th, 2010) is the largest scheme of Peerless Mutual Fund having AAAmfs Rating from CARE and 5 Star rating from Value Research indicating the fund is in the top 10 per cent of its category in terms of historical risk-adjusted returns. The fund is to provide a high level of liquidity with reasonable returns and commensurate with low risk through a portfolio of money market and debt securities.

PEERLESS ULTRA SHORT TERM FUND (Inception Date: February 19th, 2010) is also AAAmfs rated from CARE and 5 Star rated from Value Research indicating the fund is in the top 10 per cent of its category in terms of historical risk-adjusted returns. The objective of the fund is to provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund.

PRODUCT OFFERINGS – Retail Segment

DEBT FUNDS PEERLESS SHORT TERM FUND (Inception Date: August 18th, 2010) is a 5 Star rated from Value Research which indicates the fund is in the top 10 per cent of its category in terms of historical risk adjusted returns. The objective of the fund is to generate income and capital appreciation by investing in a both debt and money market securities. PEERLESS FLEXIBLE INCOME FUND (Inception Date: August 21st, 2012) is also AAAmfs rated from CARE. The primary investment objective of the scheme is to generate reasonable returns through active duration management of the portfolio, while maintaining liquidity by investing in debt instruments including bonds, debentures, government securities and money market instruments over various maturity periods.

Hybrid or Multi Asset Class Schemes PEERLESS INCOME PLUS FUND (Inception Date: July 29th, 2010) invests in debt with some participation in equity. The debt part acts as a cushion towards any fall in equity and provide stable return. Marginal exposure to Equity attempts to generate higher returns. The fund endeavours to distribute regular dividends. PRODUCT OFFERINGS – Retail Segment

Hybrid or Multi Asset Class Schemes

PEERLESS MF CHILD PLAN (Inception Date: April 5th, 2011) is designed to help parents in attempting to achieve their children's long term goals and take advantage of dynamic management of multiple asset classes like Gold, Equity and Debt. Investment in debt instruments ensures stability and security with regular income while Gold ETF and Equity investment will attempt to achieve capital appreciation in the long term. Gold is also effective hedge against inflation and provides stability and protection against value erosion during the adverse market condition.

EQUITY FUNDS

PEERLESS EQUITY FUND (Inception Date: September 28th, 2011) is a multi-cap diversified fund. The portfolio has optimal blend of large, mid and small cap stocks based on prevailing macro-economic & socio-political environment, both domestically and globally. INVESTMENT PROCESS – Fixed Income

PERFORMANCE MONITORING

PORTFOLIO CONSTRUCTION & REBALANCING

LIMITS MACRO STUDY MONITORING

TECHNICAL ANALYSIS INVESTMENT COMMITTEE

MARKET ANALYSIS

CREDIT ANALYSIS

Indicates Feedback Loop INVESTMENT PROCESS - Equity

INVESTMENT UNIVERSE (Stocks above INR 1,000 crore market capitalization)

Step I Step ) IDEA GENERATION IDEA

QUANTITATIVE FILTERS RoCE, Free Cash Flows (Manufacturing)

RoA and RoE (Financials)

INVESTMENT IDEAS

Step IIStep IDEA VALIDATION IDEA QUALITATIVE FILTERS Business/ Management/ Valuation

INVESTABLE UNIVERSE

(about 70 – 80 stocks)

Step III Step PORTFOLIO IDEA SELECTION IDEA (about 30-35 stocks)

FUND RATING PEERLESS LIQUID FUND CARE AAAmfs

PEERLESS LIQUID FUND PERFORMANCE AS ON 31ST DECEMBER 2014 PEERLESS LIQUID FUND CRISIL LIQUID 1 YEAR GOVT PERIOD SUPER INSTITUTIONAL PLAN FUND INDEX T BILL December 31, 2013 to December 31, 9.25% 9.21% 8.56% 2014 December 31, 2012 to December 31, 9.49% 9.03% 5.86% 2013 December 30, 2011 to December 31, 9.82% 8.49% 8.06% 2012 Since Inception - CAGR (%) 8.73% 8.13% 6.43%

Current Value of Investment, if Rs.10,000 15,027.98 14,629.43 13,541.19 was invested on inception date (in Rs.) Past Performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are simple annualized and are calculated for Growth Option. PRODUCT LABELLING : NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING*

Peerless Liquid Fund  Income over short term.  Investment in debt and money market instruments. Open-ended Liquid Scheme  Low risk (Blue) *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as:

FUND RATING PEERLESS ULTRA SHORT TERM FUND CARE AAAmfs

PEERLESS ULTRA SHORT TERM FUND PERFORMANCE AS ON 31ST DECEMBER 2014 PEERLESS ULTRA CRISIL LIQUID 1 YEAR GOVT. PERIOD SHORT TERM FUND - SUPER FUND INDEX T BILL INSTITUTIONAL PLAN 9.12% 9.21% 8.56% December 31, 2013 to December 31, 2014 9.03% 9.03% 5.86% December 31, 2012 to December 31, 2013 10.23% 8.49% 8.06% December 30, 2011 to December 31, 2012 Since Inception - CAGR (%) 8.79% 8.13% 6.43%

Current Value of Investment if Rs.10,000 15,071.65 14,629.43 13,541.19 was invested on inception date (in Rs.) Past Performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are absolute and are calculated for Growth Option. PRODUCT LABELLING :

NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING*

Peerless Ultra Short Term Fund  Income over short term  Investment in money market and short term debt instruments. Open-ended Debt Scheme  Low risk (Blue) *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as: (BLUE) investors understand that (YELLOW) investors understand that their (BROWN) investors understand that their their principal will be at low risk principal will be at medium risk principal will be at high risk PEERLESS SHORT TERM FUND

PEERLESS SHORT TERM FUND PERFORMANCE AS ON 31ST DECEMBER, 2014 PEERLESS SHORT TERM CRISIL SHORT 1 YEAR GOVT. PERIOD FUND TERM DEBT INDEX T BILL December 31, 2013 to December 31, 9.21% 10.47% 8.56% 2014 December 31, 2012 to December 31, 8.88% 8.27% 5.86% 2013 December 30, 2011 to December 31, 10.39% 9.10% 8.06% 2012 Since Inception - CAGR (%) 10.06% 8.56% 7.01%

Current Value of Investment if Rs.10,000 was invested on inception 15,210.20 14,325.82 13,448.83 date (in Rs.)

Past Performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are absolute and are calculated for Growth Option. PRODUCT LABELLING :

NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING*

Peerless Short Term Fund  Income over short to medium term  Investment in debt and money market instruments.  Open-ended Debt Scheme Low risk (Blue) *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as: (BLUE) investors understand that (YELLOW) investors understand that their (BROWN) investors understand that their their principal will be at low risk principal will be at medium risk principal will be at high risk

FUND RATING PEERLESS FLEXIBLE INCOME FUND CARE AAAmfs

PEERLESS FLEXIBLE INCOME FUND PERFORMANCE AS ON 31ST DECEMBER 2014 PEERLESS FLEXIBLE INCOME CRISIL COMPOSITE 10 YEAR DATED PERIOD FUND BOND FUND INDEX GOI SECURITY December 31, 2013 to December 31, 6.13% 14.31% 14.14% 2014 December 31, 2012 to December 31, 4.51% 3.79% -0.68% 2013

NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING* Peerless Flexible Income Fund  Income over medium to long term  Investment in debt instruments including bonds, debentures and government securities and Open-ended Debt Scheme money market instruments over various maturity periods.  Low risk (Blue)

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as:

PEERLESS INCOME PLUS FUND PERFORMANCE AS ON 31ST DECEMBER, 2014 PEERLESS INCOME PLUS CRISIL MIP BLENDED 10 YEAR DATED PERIOD FUND FUND INDEX GOI SECURITY December 31, 2013 to December 31, 12.99% 16.83% 14.14% 2014 December 31, 2012 to December 31, 7.84% 4.41% -0.68% 2013 December 30, 2011 to December 31, 11.47% 12.05% 10.61% 2012 Since Inception - CAGR (%) 8.78% 8.60% 6.27%

Current Value of Investment if Rs.10,000 was invested on inception 14,520.50 14,408.20 13,323.13 date (in Rs.) Past Performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are absolute and are calculated for Growth Option. PRODUCT LABELLING : NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING*

Peerless Income Plus Fund  Income over medium to long term  Investment in high quality fixed income securities and with a marginal exposure to equity and Open-ended Debt Scheme equity related instruments.  Medium risk (Yellow) *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as: (BLUE) investors understand that (YELLOW) investors understand that their (BROWN) investors understand that their their principal will be at low risk principal will be at medium risk principal will be at high risk PEERLESS MF CHILD PLAN

PEERLESS MF CHILD PLAN PERFORMANCE AS ON 31ST DECEMBER 2014 CRISIL MIP BLENDED FUND 10 YEAR DATED PERIOD PEERLESS MF CHILD PLAN INDEX + GOLD (85 :15) GOI SECURITY December 31, 2013 to 10.72% 14.54% 14.14% December 31, 2014 December 31, 2012 to 4.61% 0.99% -0.68% December 31, 2013 December 30, 2011 to 10.75% 11.54% 10.61% December 31, 2012 Since Inception - CAGR (%) 9.15% 7.61% 6.31%

Current Value of Investment if Rs.10,000 /- was invested on 13,880.40 13,158.00 12,576.40 inception date (in Rs.) Past Performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are absolute and are calculated for Growth Option. PRODUCT LABELLING : NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING* Peerless MF Child Plan  Capital appreciation over long term.  Investment in fixed income securities, equity & equity related Instruments and Gold Exchange Open-ended Debt Scheme Traded Funds.  Medium risk (Yellow) *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as: (BLUE) investors understand that (YELLOW) investors understand that their (BROWN) investors understand that their their principal will be at low risk principal will be at medium risk principal will be at high risk PEERLESS EQUITY FUND

PEERLESS EQUITY FUND PERFORMANCE AS ON 31ST DECEMBER 2014 PERIOD PEERLESS EQUITY FUND CNX NIFTY CNX NIFTY December 31, 2013 to December 31, 29.74% 31.39% 31.39% 2014 December 31, 2012 to December 31, 4.24% 6.76% 6.76% 2013 December 30, 2011 to December 31, 29.44% 27.53% 27.53% 2012 Since Inception - CAGR (%) 15.24% 17.12% 17.12%

Current Value of Investment if Rs.10,000 was invested on inception 15,885.50 16,747.62 16,747.62 date (in Rs.) Past Performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are absolute and are calculated for Growth Option. PRODUCT LABELLING : NAME OF THE SCHEME THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING*

Peerless Equity Fund  Capital appreciation over long term.  Investment in Equity & equity related securities diversified over various sectors.  Open Ended Equity Scheme High risk (Brown) *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as: (BLUE) investors understand that (YELLOW) investors understand that their (BROWN) investors understand that their their principal will be at low risk principal will be at medium risk principal will be at high risk OUR VENDORS

Principal Banker for Collection & Redemptions: HDFC Bank Ltd.

Custodian: HDFC Bank Ltd.

Fund Accountant: Deutsche Investor Services Pvt. Ltd.

Registrar & Transfer Agent: Karvy Computershare Pvt. Ltd. DISCLAIMER

This document is for information purposes only and is not an offer to sell or a solicitation to buy any mutual fund units/securities. Duplicating all or any part of this document including photocopying, facsimile transmission, mailing or physical transmission is prohibited. Any views or opinions presented in this document alone are not sufficient and should not be used for the development or implementation of an investment strategy. Information provided in this document does not seek to influence the opinions/behavior of the recipient (s) of this document and shall not be construed as investment advice to any party.

Any views or opinions presented in this document constitute our views as on date of this document and are subject to change without notice. Parts of this document may be based on information obtained by Peerless Funds Management Co. Ltd.(PFMCL) from sources it considers reliable. However, PFMCL does not guarantee the accuracy, adequacy or completeness of the information appearing in this document and is not responsible for any errors or omission or for the results obtained from the use of such information. PGFI/PFMCL and their affiliates have no financial liability whatsoever to the recipient (s) of this document.

Statutory Details: Peerless Mutual Fund has been established as a Trust under the Indian Trust Act, 1882,sponsored by The Peerless General Finance & Investment Company Limited (PGFI) (Liability restricted to Rs. 1 Lakh). Trustee: Peerless Trust Management Co. Ltd. Investment Manager: Peerless Funds management Co. Ltd. (the AMC).

Risk Factors: All mutual funds and securities investments are subject to market risks and there is no guarantee that the investment objective of the schemes will be achieved. The NAV of the units issued by the mutual fund under the schemes can go up or down depending on various factors and forces affecting securities markets. Past performance of the sponsor or its affiliates/ the AMC/the mutual fund or its schemes does not indicate the future performance of the schemes. The sponsors – The Peerless General Finance & Investment co. Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of any of the mutual fund schemes launched by the AMC.

Peerless Liquid Fund, Peerless Ultra Short Term Fund, Peerless Short Term Fund, Peerless MF Child Plan, Peerless Income Plus Fund, Peerless Equity Fund, Peerless Flexible Income Fund are only the names of the schemes and do not indicate in any manner the quality of the schemes or their future prospects or returns. Investment in these schemes shall be subject to various risk factors including but not limited to investing in debt and money market securities, derivatives, foreign securities, securitized debt, short selling and securities lending, such as interest rate risk, re – investment risk, liquidity risk, basis risk, credit risk, settlement risk, systemic risk, spread risk, pre payment risk etc. The AMC may choose to invest in unlisted securities that may increase the risk on the portfolio. Investments in the schemes may be affected by risk factors associated with investment in equity and equity related instruments – market risk, price risk, liquidity risk etc. and by investments in Gold ETFs etc.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. TOLL FREE : 1800 103 8999 ; EMAIL : [email protected]

CIN :U65990WB2009PLC134537 Registered Office : Peerless Funds Management Co. Ltd. 3rd Floor, Peerless Mansion, 1, Chowringhee Square, Kolkata - 700 069 Investments & Operations Office : Peerless Funds Management Co. Ltd. Ground Floor, Churchgate Chambers, Sir Vithaldas Thackersay Marg, New Marine Lines, Mumbai - 400 020