TATA PORTFOLIO MANAGEMENT SERVICES

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TATA PORTFOLIO MANAGEMENT SERVICES

TATA ASSET MANAGEMENT LTD.

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THE TATA GROUP

One of India’s largest business Group Diverse businesses in 7 sectors Diverse businesses in 7 sectors Operations in over 80 countries

Products and services exported to over 85 countries Products and services exported to over 85 countries

Largest employer in private sector with over 400,000 employees

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AMONG TOP 50 GLOBAL BRANDS

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ABOUT TATA ASSET MANAGEMENT LTD.

Domestic Business

Established in March 1994

Presence in 80 locations across the country.

Distribution tie‐ups with all major financial intermediaries in India viz Banks, Distribution companies, Online Platforms, IFAs etc.

The only asset management company in India to adopt the Malcolm Baldrige model of USA for business excellence

of USA for business excellence

International business

Serve India‐investments of investors from Japan, Europe & middle east through p , p g exclusive partnerships

Fully owned subsidiary & team in Mauritius with FII registration from SEBI to service international investors.

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INTRODUCING…

TATA PORTFOLIO MANAGEMENT SERVICES Serving investment needs across asset class Serving investment needs across asset class

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OUR GUIDING PHILOSOPHY

“What comes from the people should go back to people should go back to them many times over”

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PORTFOLIO MANAGEMENT SERVICES

An investment solution across asset classes to meet specific investment objectives

Possibility of portfolio diversification within broad asset classes Benefits Availability of professional expertise to manage investments

Personalized Investment Service S it bilit

High Net worth Individuals NRI

Suitability NRIs

Corporate/Institutions Regulatoregu ato SEBIS

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TRUST’ – OUR GUIDING PRINCIPLES

Transparency: p y: Aimed at developing and nurturing long standing relationships p g g g g p towards comfortable, confident and satisfied clients

Research: Leverages professional expertise towards providing prudent

investment solutions

Understanding: Portfolio Construction/Advice based on clients’ needs to invest

in companies and situations in companies and situations

Service : Aimed at bringing in a high degree of personalization to provide

bespoke investment solutions backed by round‐the‐clock servicesp y

Technology: Latest & best technology to complement strengths in intellectual

capital and services through complex portfolio, cross‐sectional analysis software & online access

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ADVANTAGE ‐ TATA PMS

Professional Management: Aim to deliver consistent risk‐adjusted returns

Risk Control: Robust risk management platform without human intervention wired into the systems

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Portfolio Tracking: Continuous portfolio monitoring

Convenience: Access you account @ www.tatapms.com

Transparency: In all dealings with stakeholdersTransparency: In all dealings with stakeholders

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PORTFOLIO INVESTMENT STRATEGY

Portfolio construction in‐line with the Investment theme selected by the client

Analysis of macro trends to arrive at broad long‐term sectoral allocations

Micro‐level portfolio construction based on the best ideas filtered from likely beneficiaries of the broad macro trends

Sensitive to the distance between the intrinsic value and current valuations of the underlying security out of the approved list

Institutionalized risk management framework being one of the guiding posts for portfolio construction

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INVESTMENT SOLUTIONS ‐ BLUE CHIP PORTFOLIO

Investment objective Generate capital appreciation with relatively lower risk over the long term

Investment Style Portfolio will be managed in a conservative fashion and will be diversified across various sectors of the Indian economy

Benchmark BSE Sensex

Type Open‐Ended

Investment horizon Minimum 2 years suggested Investment horizon Minimum 2 years suggested

Internal Risk Control _{Investment limit in a single stock : 10%} _{Investment limit in a single sector : 30%}_g

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INVESTMENT SOLUTIONS ‐ BLUE CHIP PORTFOLIO

Characteristics Companies’ which have gone through various business cycles Companies’ would be leaders in their respective industry Companies would be leaders in their respective industry Management of these companies would have a long and

consistent track record

F d t ll t fi i l t

Fundamentally strong financial parameters

A well diversified portfolio with high quality stocks available at attractive valuation

A combination of large, and mid cap stocks with higher proportion of large caps

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INVESTMENT SOLUTIONS ‐

EMERGING OPPORTUNITIES PORTFOLIO

Investment objective

Generate capital appreciation with relatively higher risk over the long term

Investment Style Stock selection would be based on various valuation

parameters and the attempt would be to invest in stocks which are available well below their intrinsic value

Benchmark BSE 200

Type Open‐Ended

Investment horizon Minimum 3 years suggested

Internal Risk Control

Investment limit in a single stock : 10% Investment limit in a single sector : 30%g

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INVESTMENT SOLUTIONS ‐

EMERGING OPPORTUNITIES PORTFOLIO

Characteristics Companies whose scale of operations will undergo a paradigm shift in future based on the opportunities their sector provides Availability of management bandwidth to capture the

opportunities opportunities

We are looking at tomorrow’s potential blue chips Market‐cap not a constraint for stock selection

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INVESTMENT SOLUTIONS –

CONSUMPTION PORTFOLIO

Investment objective

To seek long term capital appreciation by investing primarily in the equity and equity related instruments of companies most geared to capture the Indian consumption story

Investment Style Portfolio will have Companies that has ability to generate sustainable stakeholder value, positioned to capture Indian consumption opportunities

Benchmark S&P CNX Nifty

Type Open‐Ended

Investment horizon Minimum 3 years suggested

Internal Risk Investment limit in a single stock : 10% Internal Risk

Control

Investment limit in a single stock : 10% Investment limit in a single sector : 35%

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INVESTMENT SOLUTIONS –

CONSUMPTION PORTFOLIO

Characteristics Portfolio will endeavor to capture the transformational changes of the Indian economy on the basis of changing demographic

CONSUMPTION PORTFOLIO

profile, rapid urbanization and resilience of rural demand

Consumption theme has wide sectoral scope which includes sectors like Auto Consumer Durables & Non durables Education sectors like Auto, Consumer Durables & Non‐durables, Education services, Healthcare services, Media & Entertainment, Retailing etc…

Companies possessing sustainable competitive advantages and brand loyalty

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Key Portfolio Terms

Suggested Minimum

Investment Rs. 25 lakhs at time of initial investment

Set Up Fees Upto 2.00%

PMS Management

2 50% p a / charged quarterly on average AUM Fees 2.50% p.a. / charged quarterly on average AUM

Termination Fees (% of AUM)

0‐12 months : 2 % 12‐24 months: 1 %, (% of AUM)

Above 24 months :Nil

Partial Withdrawal NIL

(Any withdrawal amount over and above the capital Fees (Any withdrawal amount over and above the capital

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MODEL PORTFOLIO PERFORMANCES AS ON

30

th

_{November 2012}

30 o e be

0

Returns (%) 1 month 3 month 6 month 1 year 3 year 5year

Since Inception (April’06)

Returns (%) 1 month 3 month 6 month 1 year 3 year 5year (April 06)

Blue Chip Portfolio

Absolute Returns Annualized Returns

Portfolio 4.00 10.78 21.58 26.67 8.54 4.79 10.30 BSE Sensex 4.51 10.96 19.25 19.95 4.54 ‐0.02 8.42

Absolute Returns

Portfolio 4.00 10.78 21.58 26.67 27.88 26.33 92.19 BSE Sensex 4.51 10.96 19.25 19.95 14.26 ‐0.12 71.45

Emerging Opportunities Portfolio

Absolute Returns Annualized Returns

Portfolio 5.21 12.66 25.40 31.67 12.06 6.24 10.54 BSE 200 4.98 12.50 19.29 22.35 4.31 ‐0.53 8.20 Absolute Returns Portfolio 5.21 12.66 25.40 31.67 40.73 35.34 95.00 BSE 200 4.98 12.50 19.29 22.35 13.49 ‐2.64 69.15 Consumption Portfolio

Absolute Returns Since Inception (Dec'10)

Portfolio 6 75 14 60 26 56 36 48 NA NA 33 08

PERFORMANCE DEPICTED ABOVE ARE MODEL PORTFOLIO PERFORMANCE CONSTRUCTED USING TIME WEIGHTED RATE OF RETURN PAST MODEL PORTFOLIO PERFORMANCE IS NO GUARANTEE OF FUTURE RETURNS OF THE CLIENT PORTFOLIOS.

Portfolio 6.75 14.60 26.56 36.48 NA NA 33.08 S&P CNX Nifty 4.63 11.82 19.41 21.68 NA NA 0.29

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CLIENT COMMUNICATION

Portfolio Disclosure: Clients can access their portfolio online on a daily basis with

the given login id and password the given login id and password

Newsletter: Fund Managers Commentary sent to all clients on a monthly basis

Intellect: An in‐house Magazine on macro economic data sent to clients on a

monthly basis

Professor Simply Simple: An in‐house book on investor education series sent to

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www.tatapms.com

Capital Flow Summary Portfolio Summary Asset Allocation Summary

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RISK FACTORS

Investments in securities are subject to market risks and include price fluctuation risks. There is no assurance or guarantee that the objectives of the Portfolios will be achieved. The investments may not be suited to all categories of investors The past performance of The investments may not be suited to all categories of investors. The past performance of the Portfolio Manager in any Portfolio is not indicative of future performance. Investors are not being offered any guaranteed or indicative returns through any of the Portfolios. The names of the Portfolios do not in any manner indicate their prospects or returns. The performance of the Portfolios may be adversely affected by the performance of individual companies changes in the market conditions micro and macro factors and forces affecting companies, changes in the market conditions, micro and macro factors and forces affecting capital markets in particular like interest rate risk, credit risk, liquidity risk and reinvestment risk. Derivatives / Futures and Options products are affected by various risks including but not limited to counter party risk, market risk, valuations risk, liquidity risks and basis risks. Derivative products are specialized instruments that require investment techniques and risk analysis different from those associated with stocks and bonds. The use of a derivative requires an understanding not only of the underlying instrument but also of the derivative itself. Derivatives may require maintenance of adequate controls to monitor the transactions entered into, the ability to assess the risk that a derivative adds to the portfolio and other related capabilities. In the case of stock lending, risks relate to the defaults fromp g, counter‐parties with regard to securities lent and the corporate benefits accruing thereon, inadequacy of the collateral and settlement risks. The Portfolio Manager is not responsible or liable for any loss resulting from the operations of the Portfolios. Each portfolio will be exposed to various risks depending on the investment objective, investment strategy and the asset allocation Non‐Diversified Portfolio tends to be more volatile than a diversified the asset allocation. Non‐Diversified Portfolio tends to be more volatile than a diversified portfolio. In case of small / mid‐cap companies liquidity risks are likely to be high. Further prices of stocks in small / mid‐cap companies are also likely to be more volatile. Please read the Disclosure Document before investing.

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TATA PORTFOLIO MANAGEMENT SERVICES