Half yearly Portfolio Statement for the period ended 31 March 11 (Page I)

the period ended 31 March 11 (Page I) SUNDARAM GROWTH FUND 1 Reliance Industries Ltd. Energy 89000 933.70 4.90% 2 Bharti Airtel Limited Telecom 257500 920.31 4.83% 3 State Bank of India Financial Services 32500 898.72 4.72% 4 ICICI Bank Ltd. Financial Services 80000 892.96 4.69% 5 Infosys Technologies Ltd. IT 27000 875.15 4.60% 6 Tata Motors Ltd. Automobile 60000 749.01 3.93% 7 Cairn India Limited Energy 200000 701.90 3.69% 8 Punjab National Bank Ltd. Financial Services 55000 666.99 3.50% 9 Hindustan Unilever Ltd. Consumer Goods 200000 574.20 3.02% 10 Maruti Udyog Ltd. Automobile 35000 441.75 2.32% 11 Oil & Natural Gas Corpn. Ltd., Energy 150000 436.95 2.29% 12 Coal India Ltd Industrial Manufacturing 125000 433.13 2.27% 13 Lupin Ltd. Pharma 100000 416.65 2.19% 14 Dr. Reddy's Laboratories Ltd. Pharma 25000 409.76 2.15% 15 Idea Cellular Ltd. Telecom 600000 404.70 2.13% 16 Ashok Leyland Ltd. Automobile 700000 397.95 2.09% 17 Hero Honda Motors Ltd. Automobile 25000 397.36 2.09% 18 Jaiprakash Associates Ltd. Construction 400000 371.20 1.95% 19 Crompton Greaves Ltd. Industrial Manufacturing 135000 368.21 1.93% 20 I T C Ltd. Consumer Goods 200000 364.20 1.91% 21 HCL Technologies Ltd. IT 75000 358.46 1.88% 22 Tata Consultancy Services Ltd. IT 30000 355.17 1.87% 23 Axis Bank Ltd Financial Services 25000 350.96 1.84% 24 Sterlite Industries (India) Ltd. Metals 200000 347.40 1.82% 25 Indian Hotels Co. Ltd. Services 401673 337.41 1.77% 26 Dish TV India Ltd. Media & Entertainment 500000 335.50 1.76% 27 Indian Bank Financial Services 140500 327.01 1.72% 28 GAIL (India) Ltd. Energy 70000 324.80 1.71% 29 Bharat Petroleum Corporation Ltd. Energy 50000 305.93 1.61% 30 Petronet LNG Ltd Energy 250000 304.50 1.60% 31 United Phosphorous Ltd. Fertilisers & Pesticides 200000 298.90 1.57% 32 Larsen & Toubro Ltd. Industrial Manufacturing 17390 287.27 1.51% 33 Yes Bank Ltd Financial Services 88000 272.45 1.43% 34 Sun Pharmaceutical Industries Ltd. Pharma 60000 265.50 1.39% 35 Cipla Ltd. Pharma 75000 241.24 1.27% 36 Chambal Fertilizers & Chemicals Ltd. Fertilisers & Pesticides 300000 237.75 1.25% 37 TRF Limited Industrial Manufacturing 46864 217.57 1.14% 38 Housing Development Finance Corporation Ltd. Financial Services 30000 210.36 1.10% 39 Shree Renuka Sugars Ltd. Consumer Goods 300000 208.80 1.10% 40 Reliance Energy Ltd. Energy 30000 206.99 1.09% 41 Mphasis BFL Ltd. IT 45000 186.86 0.98% 42 Ranbaxy Laboratories Ltd. Pharma 35000 155.96 0.82% 43 Power Grid Corporation of India Ltd Energy 150000 152.84 0.80% 44 Rural Electrification Corporation Ltd Energy 49392 125.30 0.66% Equity Total 18,069.73 94.89% Dr Reddys Labaratories - NCD** LAA+(ICRA) 150000 7.44 0.04% Reverse Repo / CBLO 893.98 4.69% Net Current Assets 72.04 0.38% Total Net Assets 19,043.19 100.00% b) Total outstanding exposure in derivative instruments at the end of the period - Nil Inst at the beginning 30/09/2010 13.5064 101.1350 0 at the end 31/03/2011 12.4691 92.9717 12.5196 g) Turnover ratio: 2.09 h) declared during the period : Rs Nil per Unit SUNDARAM TAXSAVER OPEN-ENDED FUND 1 IndusInd Bank Ltd. Financial Services 2787051 7,346.67 4.90% 2 ICICI Bank Ltd. Financial Services 604124 6,743.23 4.49% 3 Cairn India Limited Energy 1777372 6,237.69 4.16% 4 Hindustan Unilever Ltd. Consumer Goods 2090662 6,002.29 4.00% 5 State Bank of India Financial Services 212461 5,875.18 3.92% 6 Bharti Airtel Limited Telecom 1621158 5,794.02 3.86% 7 Cipla Ltd. Pharma 1566178 5,037.61 3.36% 8 GAIL (India) Ltd. Energy 1064684 4,940.13 3.29% 9 Infrastructure Development Finance Company Ltd. Financial Services 3077461 4,757.75 3.17% 10 Oil & Natural Gas Corpn. Ltd., Energy 1536049 4,474.51 2.98% 11 Tata Motors Ltd. Automobile 626484 4,359.70 2.91% 12 Jaiprakash Associates Ltd. Construction 4626876 4,293.74 2.86% 13 Tata Consultancy Services Ltd. IT 357562 4,233.18 2.82% 14 Petronet LNG Ltd Energy 3211208 3,911.25 2.61% 15 Mphasis BFL Ltd. IT 904762 3,757.02 2.50% 16 Reliance Industries Ltd. Energy 349638 3,668.05 2.44% 17 Wipro Ltd. IT 744698 3,576.04 2.38% 18 Infosys Technologies Ltd. IT 100000 3,241.30 2.16% 19 Housing Development Finance Corporation Ltd. Financial Services 457836 3,210.35 2.14% 20 Adani Power Ltd Manufacturing 2836670 3,198.35 2.13% 21 Reliance Energy Ltd. Energy 455505 3,142.76 2.09% 22 Indraprastha Gas Ltd. Energy 1034714 3,104.14 2.07% 23 CESC Ltd. Energy 990005 3,071.99 2.05% 24 I T C Ltd. Consumer Goods 1665819 3,033.46 2.02% 25 Bajaj Auto Finance Ltd. Financial Services 408118 2,856.21 1.90% 26 Tata Global Beverages Ltd Consumer Goods 2762520 2,700.36 1.80% 27 Maruti Udyog Ltd. Automobile 207252 2,615.83 1.74% 28 Coal India Ltd Industrial Manufacturing 730910 2,532.60 1.69% 29 Yes Bank Ltd Financial Services 794195 2,458.83 1.64% 30 Bajaj Finserve Ltd Financial Services 460533 2,414.57 1.61% 31 Grasim Industries Ltd. Cement & Cement Products 96951 2,381.99 1.59% 32 Hindalco Industries Ltd. Metals 1137038 2,378.11 1.58% 33 Bharat Heavy Electricals Ltd. Industrial Manufacturing 111989 2,309.94 1.54% 34 Sterlite Industries (India) Ltd. Metals 1176383 2,043.38 1.36% 35 Century Textile & Industries Ltd. Cement & Cement Products 478625 1,677.82 1.12% 36 Gujarat Mineral Development Corporation Ltd. Metals 1176212 1,596.12 1.06% 37 Dish TV India Ltd. Media & Entertainment 1992617 1,337.05 0.89% 38 Bharat Petroleum Corporation Ltd. Energy 193480 1,183.81 0.79% 39 Orient Green Power Co. Ltd. Manufacturing 3968354 1,003.99 0.67% 40 Cummins India Ltd. Industrial Manufacturing 133309 930.36 0.62% 41 KSK Energy Venntures Ltd Energy 734548 742.63 0.49% 42 Kiri Dyes & Chemicals Ltd Fertilisers & Pesticides 238196 670.65 0.45% 43 Kingfisher Airlines Limited Services 1259259 501.19 0.33% Equity Total 141,345.85 94.20% Reverse Repo / CBLO 7,551.88 5.03% Net Current Assets 1,145.62 0.76% Total Net Assets 150,043.35 100.00% option option at the beginning 30/09/2010 12.9002 48.1228 at the end 31/03/2011 10.2020 43.2599 g) Turnover ratio-2.25 h) declared during the period : Rs 1.50/- per Unit SUNDARAM BALANCED FUND 1 Infosys Technologies Ltd. IT 23167 750.91 9.80% 2 Reliance Industries Ltd. Energy 67814 711.44 9.28% 3 Tata Consultancy Services Ltd. IT 52790 624.98 8.15% 4 Lupin Ltd. Pharma 142822 595.07 7.76% 5 ICICI Bank Ltd. Financial Services 42189 470.91 6.14% 6 State Bank of India Financial Services 16758 463.41 6.05% 7 Larsen & Toubro Ltd. Industrial Manufacturing 26046 430.25 5.61% 8 Infrastructure Development Finance Company Ltd. Financial Services 255397 394.84 5.15% 9 TVS Motor Company Ltd. Automobile 626360 374.88 4.89% 10 ING Vysya Bank Ltd Financial Services 96224 308.93 4.03% 11 Oil & Natural Gas Corpn. Ltd., Energy 100572 292.97 3.82% 12 Kingfisher Airlines Limited Services 487925 194.19 2.53% 13 Polaris Software Lab Ltd. IT 91789 173.34 2.26% 14 PTC India Ltd. Energy 199716 166.56 2.17% 15 Shasun Chemicals & Drugs Ltd. Pharma 69724 36.33 0.47% Equity Total 5,989.01 78.12% Union Bank of India** AA+ 100 984.62 12.84% Tata Capital Ltd** AA+ 5 49.73 0.65% Aditya Birla Nuvo Ltd** LAA+ 36 346.20 4.52% Tata Sons Limited** AAA 5 48.28 0.63% Subtotal 1,428.83 18.64% b) Privately placed / Unlisted Subtotal - 0.00% c) Government Securities 6.35% Govt Securities 2020 Sovereign 40000 35.77 0.47% Subtotal 35.77 0.47% Reverse Repo / CBLO 147.83 1.93% Subtotal - 0.00% Net Current Assets 64.55 0.84% Total Net Assets 7,665.99 100.00% Inst at the beginning 30/09/2010 17.6898 50.7860 - at the end 31/03/2011 11.0548 49.3025 10.9344 g) Turnover ratio-3.14 h) declared during the period : Rs 6.00/- per unit. i) Average Duration - 1.32 Yrs j) Average Maturity - 1.60 Yrs SUNDARAM SELECT MIDCAP 1 Ipca Laboratories Ltd. Pharma 3603240 10,831.34 5.02% 2 IndusInd Bank Ltd. Financial Services 4099679 10,806.75 5.01% 3 Coromandel Fertilisers Ltd. Fertilisers & Pesticides 2996214 8,639.58 4.00% 4 Indraprastha Gas Ltd. Energy 2831428 8,494.28 3.93% 5 Trent Ltd. Consumer Goods 750764 7,377.38 3.42% 6 Petronet LNG Ltd Energy 5943104 7,238.70 3.35% 7 SRF Ltd. Textiles 2163246 6,891.02 3.19% 8 Bosch Limited Automobile 98123 6,582.58 3.05% 9 Mphasis BFL Ltd. IT 1520315 6,313.11 2.92% 10 E.I.D. Parry (India) Ltd. Consumer Goods 2877468 6,149.15 2.85% 11 Fag Bearings India Ltd Textiles 700853 5,866.14 2.72% 12 United Phosphorous Ltd. Fertilisers & Pesticides 3802342 5,682.60 2.63% 13 Dish TV India Ltd. Media & Entertainment 8112015 5,443.16 2.52% 14 Gujarat Alkalies & Chemicals Ltd. Chemicals 4206670 5,365.61 2.49% 15 Tata Global Beverages Ltd Consumer Goods 5149260 5,033.40 2.33% 16 Raymond Ltd. Textiles 1531681 4,879.17 2.26% 17 Apollo Tyres Ltd. Automobile 6977841 4,853.09 2.25% 18 Mahindra & Mahindra Financial Service Ltd Financial Services 587620 4,561.11 2.11% 19 LIC Housing Finance Ltd. Financial Services 1995822 4,512.55 2.09% 20 Bajaj Finserve Ltd Financial Services 803861 4,214.64 1.95% 21 United Spirits Ltd Consumer Goods 359439 3,683.53 1.71% 22 Yes Bank Ltd Financial Services 1170008 3,622.34 1.68% 23 Escorts Ltd. Automobile 2529718 3,583.35 1.66% 24 Monnet Ispat Ltd. Metals 679270 3,491.11 1.62% 25 Rural Electrification Corporation Ltd Energy 1349592 3,423.91 1.59% 26 Bajaj Auto Finance Ltd. Financial Services 481660 3,370.90 1.56% 27 JBF Industries Ltd Textiles 1992877 3,262.34 1.51% 28 Jyothy Laboratories Ltd Consumer Goods 1466141 3,225.51 1.49% 29 Sterlite Optical Technologies Ltd. Telecom 4810933 2,816.80 1.30% 30 KEC International Limited Industrial Manufacturing 3216421 2,656.76 1.23% 31 Century Textile & Industries Ltd. Cement & Cement Products 751291 2,633.65 1.22% 32 Gujarat Mineral Development Corporation Ltd. Metals 1803504 2,447.35 1.13% 33 Madhucon Projects Ltd Construction 2618570 2,428.72 1.13% 34 Idea Cellular Ltd. Telecom 3360641 2,266.75 1.05% 35 Spicejet Limited Services 5799588 2,221.24 1.03% 36 Amara Raja Batteries Ltd. Automobile 1144185 2,171.09 1.01% 37 KPIT Cummins Infosystem Ltd. IT 1109547 1,866.81 0.86% 38 Simplex Infrastructures Limited Construction 506358 1,663.64 0.77% 40 Orient Green Power Co. Ltd. Manufacturing 6095928 1,542.27 0.71% 41 Aban Loyd Chiles Offshore Ltd. Industrial Manufacturing 214634 1,322.68 0.61% 42 Exide Industries Ltd. Automobile 818205 1,173.72 0.54% 43 Kirloskar Electric Company Limited Industrial Manufacturing 2335459 1,068.47 0.49% 44 Himadri Chemicals & Industries Ltd Metals 2400287 1,046.53 0.48% 45 Kiri Dyes & Chemicals Ltd Fertilisers & Pesticides 368536 1,037.61 0.48% 46 Cummins India Ltd. Industrial Manufacturing 131330 916.55 0.42% 47 Rashtriya Chemicals & Fertilizers Ltd. Fertilisers & Pesticides 947133 752.03 0.35% 48 Voltas Ltd. Consumer Goods 400000 730.61 0.34% 49 Hindustan Construction Co. Ltd. Construction 2000000 728.01 0.34% 50 Garware Polyester Ltd Textiles 313118 370.90 0.17% Equity Total 191,260.54 88.60% Preference Shares 1 Trent Ltd CCPS Series-A Consumer Goods 194789 1,742.10 0.81% 2 Trent Ltd CCPS Series-B Consumer Goods 194789 1,626.58 0.75% Preference Total 3,368.68 1.56% Reverse Repo / CBLO 19829.44 9.19% Net Current Assets 1,410.10 0.65% Total Net Assets 215,868.76 100.00% : Regular Regular at the beginning 30/09/2010 20.4997 164.0462 19.1355 164.7928 at the end 31/03/2011 16.5185 145.8196 15.3711 146.8454 g) Turnover ratio-1.02 h) declared during the period : Rs 2.00 per Unit SUNDARAM S.M.I.L.E FUND 1 Polaris Software Lab Ltd. IT 1700547 3,211.48 5.06% 2 TVS Motor Company Ltd. Automobile 4505343 2,696.45 4.25% 3 Elgi Equipments Ltd. Industrial Manufacturing 2604345 2,359.54 3.72% 4 Lupin Ltd. Pharma 550125 2,292.10 3.61% 5 Yes Bank Ltd Financial Services 730000 2,260.08 3.56% 6 Orchid Chemicals & Pharmaceuticals Ltd. Pharma 700000 2,104.90 3.31% 7 Ashok Leyland Ltd. Automobile 3610294 2,052.45 3.23% 8 Bosch Limited Automobile 30000 2,012.55 3.17% 9 Petronet LNG Ltd Energy 1615114 1,967.21 3.10% 10 Indian Overseas Bank Financial Services 1284858 1,847.63 2.91% 11 GlaxoSmithkline Consumer Healthcare Ltd. Consumer Goods 75278 1,690.86 2.66% 12 Hindustan Sanitaryware Indus Ltd Consumer Goods 1170000 1,552.01 2.44% 13 Cairn India Limited Energy 440054 1,544.37 2.43% 14 Hindustan Dorr Oliver Ltd Industrial Manufacturing1902299 1,479.99 2.33% 15 Karur Vysya Bank Ltd. Financial Services 353019 1,408.72 2.22% 16 Tata Consultancy Services Ltd. IT 112291 1,329.41 2.09% 17 Maruti Udyog Ltd. Automobile 100606 1,269.80 2.00% 18 Arvind Mills Ltd. Textiles 1821442 1,260.44 1.98% 19 Hindustan Zinc Ltd. Metals 906932 1,249.75 1.97% 20 V Guard Industries Ltd Consumer Goods 740982 1,245.22 1.96% 21 Shree Renuka Sugars Ltd. Consumer Goods 1738613 1,210.07 1.91% 22 Hexaware Technologies Ltd. IT 1792305 1,183.82 1.86% 23 Indian Bank Financial Services 501541 1,167.34 1.84% 24 Apar Industries Ltd. Energy 569371 1,148.14 1.81% 25 IVRCL Infrastructures & Projects Ltd. Construction 1389361 1,135.11 1.79% 26 HCL Technologies Ltd. IT 235491 1,125.53 1.77% 27 Union Bank of India Ltd. Financial Services 321217 1,115.43 1.76% 28 Shasun Chemicals & Drugs Ltd. Pharma 1999673 1,041.83 1.64% 29 Rural Electrification Corporation Ltd Energy 400000 1,014.80 1.60% 30 Crompton Greaves Ltd. Industrial Manufacturing 352507 961.46 1.51% 31 Kalpataru Power Transmission Ltd. Industrial Manufacturing 683787 922.09 1.45% 32 Sundaram Fasteners Ltd. Automobile 1657143 845.14 1.33% 33 Madras Cements Ltd Cement & Cement Products 755614 770.35 1.21% 34 Tata Motors Ltd. Automobile 110000 765.49 1.21% 35 Prestige Estates Projects Ltd Construction 585466 734.76 1.16% 36 Kirloskar Pneumatic Company Ltd Energy 178980 717.89 1.13% 37 Seamec Limited Industrial Manufacturing 705362 703.25 1.11% 38 Hindustan Petroleum Corporation Ltd. Energy 188856 673.37 1.06% 39 McNally Bharat Engineering Co Ltd Industrial Manufacturing 302465 662.25 1.04% 40 Rane Holdings Ltd Automobile 254799 640.44 1.01% 41 Vascon Engineers Ltd Manufacturing 736755 639.13 1.01% 42 Easun Reyrolle Ltd. Industrial Manufacturing 760771 622.31 0.98% 43 Adhunik Metaliks Ltd. Metals 671656 619.27 0.98% 44 PSL Ltd. Metals 819374 603.88 0.95% 45 TRF Limited ndustrial Manufacturing 126020 585.05 0.92% 46 MRF Ltd. Automobile 9185 576.00 0.91% 47 Lakshmi Machine Works Ltd. ndustrial Manufacturing 25758 575.15 0.91% 48 Jyoti Structures Ltd. ndustrial Manufacturing 600000 501.60 0.79% 49 Taj GVK Hotels & Resorts Ltd. Services 518168 480.33 0.76% 50 Pricol Ltd Automobile 2751111 447.05 0.70% 51 Karur Vysya Bank Ltd. Financial Services 91624 68.71 0.11% 52 Maharashtra Seamless Ltd. Metals 1060 3.45 0.01% Equity Total 61,095.45 96.21% Preference Shares 1 Trent Ltd CCPS Series-A Consumer Goods 51797 463.25 0.73% Preference Total 463.25 0.73% Reverse Repo / CBLO 390.56 0.62% Net Current Assets 1,554.07 2.45% Total Net Assets 63,503.33 100.00% Regular Regular at the beginning 30/09/2010 14.3318 36.8699 14.4499 37.1596 at the end 31/03/2011 11.8876 30.5796 12.0251 30.9424 g) Turnover ratio-1.81 h) declared during the period : Rs per Unit SUNDARAM SELECT FOCUS 1 Infosys Technologies Ltd. IT 176591 5,723.84 6.32% 2 Reliance Industries Ltd. Energy 512098 5,372.42 5.93% 3 Larsen & Toubro Ltd. Industrial Manufacturing 319786 5,282.54 5.83% 4 ICICI Bank Ltd. Financial Services 469636 5,242.08 5.79% 5 State Bank of India Financial Services 158770 4,390.47 4.85% 6 I T C Ltd. Consumer Goods 2347017 4,273.92 4.72% 7 Bharti Airtel Limited Telecom 1173673 4,194.71 4.63% 8 HDFC Bank Ltd. Financial Services 170536 4,000.52 4.42% 9 Tata Consultancy Services Ltd. IT 281447 3,332.05 3.68% 10 Tata Motors Ltd. Automobile 264860 3,306.38 3.65% 11 Cairn India Limited Energy 932190 3,271.52 3.61% 12 Cipla Ltd. Pharma 821085 2,641.02 2.92% 13 Oil & Natural Gas Corpn. Ltd. Energy 623282 1,815.62 2.00% 14 Mahindra & Mahindra Ltd. Automobile 257995 1,806.87 2.00% 15 Grasim Industries Ltd. Cement & Cement Products 73358 1,802.33 1.99% 16 Indian Oil Corporation Ltd. Energy 535423 1,782.16 1.97% 17 GAIL (India) Ltd. Energy 353786 1,641.57 1.81% 18 NTPC Ltd. Energy 849934 1,641.22 1.81% 19 Gujarat Mineral Development Corporation Ltd. Metals 1110298 1,506.67 1.66% 20 Sun Pharmaceutical Industries Ltd. Pharma 337708 1,494.36 1.65% 21 Punjab National Bank Ltd. Financial Services 120441 1,460.59 1.61% 22 Wipro Ltd. IT 292885 1,406.43 1.55% 23 Hindalco Industries Ltd. Metals 652041 1,363.74 1.51% 24 Axis Bank Ltd Financial Services 95593 1,341.98 1.48% 25 Lupin Ltd. Pharma 312812 1,303.33 1.44% 26 MOIL Ltd Manufacturing 304467 1,201.88 1.33% 27 Tata Global Beverages Ltd Consumer Goods 1211381 1,184.12 1.31% 28 Ranbaxy Laboratories Ltd. Pharma 261663 1,165.97 1.29% 29 Tata Steel Limited Metals 177601 1,105.12 1.22% 30 Maruti Udyog Ltd. Automobile 87553 1,105.05 1.22% 31 Infrastructure Development Finance Company Ltd. Financial Services 702074 1,085.41 1.20% 32 Canara Bank Ltd. Financial Services 170240 1,066.13 1.18% 33 Dr. Reddy's Laboratories Ltd. Pharma 63323 1,037.90 1.15% 34 Bajaj Auto Ltd. Automobile 67731 991.07 1.09% 35 Sterlite Industries (India) Ltd. Metals 531802 923.74 1.02% 36 IndusInd Bank Ltd. Financial Services 341613 900.49 0.99% 37 Bharat Heavy Electricals Ltd. Industrial Manufacturing 43338 893.91 0.99% 38 Housing Development Finance Corporation Ltd. Financial Services 126818 889.25 0.98% 39 Sesa Goa Ltd. Metals 198547 578.47 0.64% 40 HCL Technologies Ltd. IT 96557 461.50 0.51% 41 Coal India Ltd Industrial Manufacturing 47337 164.03 0.18% Equity Total 86,152.38 95.13% Equity Warrants HDFC Warrants Financial Services 1629300 245.13 2.71% Warrant Total 245.13 2.71% Dr Reddys Labaratories - NCD** LAA+(ICRA) 553938 27.49 0.03% Total 27.49 0.03% Reverse Repo / CBLO 1336.48 1.48% Net Current Assets 2,803.76 3.10% Total Net Assets 90,565.24 100.00% d) nvestments in foreign securities /ADR/GDRs at the end of the period- Nil Inst Inst at the beginning 30/09/2010 12.6422 97.5944 98.2845 0 at the end 31/03/2011 9.6843 89.4981 90.4815 9.7178 g) Turnover ratio-3.08 h) declared during the period : Rs 2/- per Unit SUNDARAM INDIA LEADERSHIP FUND 1 ICICI Bank Ltd. Financial Services 87000 971.09 6.38% 2 Bharti Airtel Limited Telecom 267344 955.49 6.27% 3 State Bank of India Financial Services 31000 857.24 5.63% 4 Infosys Technologies Ltd. IT 25000 810.33 5.32% 5 Reliance Industries Ltd. Energy 71000 744.86 4.89% 6 Tata Consultancy Services Ltd. IT 50000 591.95 3.89% 7 Dr. Reddy's Laboratories Ltd. Pharma 30000 491.72 3.23% 8 Punjab National Bank Ltd. Financial Services 40000 485.08 3.19% 9 Hindustan Unilever Ltd. Consumer Goods 150000 430.65 2.83% 10 Dish TV India Ltd. Media & Entertainment 600000 402.60 2.64% 11 Larsen & Toubro Ltd. Industrial Manufacturing 24175 399.35 2.62% 12 Nestle India Ltd. Consumer Goods 10360 382.96 2.51% 13 Maruti Udyog Ltd. Automobile 30000 378.65 2.49% 14 Tata Motors Ltd. Automobile 30000 374.51 2.46% 15 GAIL (India) Ltd. Energy 80000 371.20 2.44% 16 I T C Ltd. Consumer Goods 200000 364.20 2.39% 17 Axis Bank Ltd Financial Services 25000 350.96 2.30% 18 Cairn India Limited Energy 100000 350.95 2.30% 19 Sterlite Industries (India) Ltd. Metals 200000 347.40 2.28% 20 Coal India Ltd Industrial Manufacturing 100000 346.50 2.28% 21 Hero Honda Motors Ltd. Automobile 20000 317.89 2.09% 22 Indian Hotels Co. Ltd. Services 377788 317.34 2.08% 23 Sesa Goa Ltd. Metals 100000 291.35 1.91% 24 Oil & Natural Gas Corpn. Ltd., Energy 100000 291.30 1.91% 25 Ashok Leyland Ltd. Automobile 500000 284.25 1.87% 26 Petronet LNG Ltd Energy 232063 282.65 1.86% 27 Shree Renuka Sugars Ltd. Consumer Goods 400000 278.40 1.83% 28 HCL Technologies Ltd. IT 50000 238.98 1.57% 29 HDFC Bank Ltd. Financial Services 10000 234.59 1.54% 30 United Phosphorous Ltd. Fertilisers & Pesticides 150000 224.18 1.47% 31 Sun Pharmaceutical Industries Ltd. Pharma 50000 221.25 1.45% 32 Reliance Energy Ltd. Energy 30000 206.99 1.36% 33 DB Corp Ltd Consumer 78721 196.80 1.29% 34 Bharat Petroleum Corporation Ltd. Energy 30000 183.56 1.21% 35 Housing Development Finance Corporation Ltd. Financial Services 25000 175.30 1.15% 36 Apollo Tyres Ltd. Automobile 233000 162.04 1.06% 37 Indian Bank Financial Services 69000 160.59 1.05% 38 Crompton Greaves Ltd. Industrial Manufacturing 55000 150.01 0.99% 39 Ranbaxy Laboratories Ltd. Pharma 30000 133.67 0.88% Equity Total 14,758.83 96.92% Dr Reddys Labaratories - NCD** LAA+(ICRA) 180000 8.93 0.06% Total 8.93 0.06% Reverse Repo / CBLO 442.50 2.91% Net Current Assets 17.99 0.12% Total Net Assets 15,228.25 100.00% Inst at the beginning 30/09/2010 13.9068 45.3468 at the end 31/03/2011 13.1250 42.8013 14.8477 g) Turnover ratio - 1.60 h) declared during the period : Rs Nil per Unit CAPEX OPPORTUNITIES - GROWTH 1 Larsen & Toubro Ltd. Industrial Manufacturing 164451 2,716.57 7.27% 2 Indraprastha Gas Ltd. Energy 473345 1,420.04 3.80% 3 Bharat Heavy Electricals Ltd. Industrial Manufacturing 67784 1,398.15 3.74% 4 Crompton Greaves Ltd. Industrial Manufacturing 484847 1,322.42 3.54% 5 Areva T and D India Ltd Industrial Manufacturing 521633 1,292.61 3.46% 6 Infrastructure Development Finance Company Ltd. Financial Services 749287 1,158.40 3.10% 7 McNally Bharat Engineering Co Ltd Industrial Manufacturing 500814 1,096.53 2.94% 8 Alstom Power India Ltd Industrial Manufacturing 182486 1,076.12 2.88% 9 Tata Honeywell Ltd. Industrial Manufacturing 46790 1,050.90 2.81% 10 Sadbhav Engineering Ltd Construction 808070 999.99 2.68% 11 Voltas Ltd. Consumer Goods 532444 972.51 2.60% 12 Cummins India Ltd. Industrial Manufacturing 134625 939.55 2.52% 13 Torrent Pharmaceuticals Ltd. Pharma 149000 864.87 2.32% 14 Hindustan Dorr Oliver Ltd Industrial Manufacturing1055097 820.87 2.20% 15 KEC International Limited Industrial Manufacturing 972358 803.17 2.15% 16 Bajaj Electricals Ltd. Consumer Goods 342401 802.93 2.15% 17 PTC India Ltd. Energy 959108 799.90 2.14% 18 Gujarat State Petronet Ltd Energy 804031 795.99 2.13% 19 Jaiprakash Associates Ltd. Construction 822076 762.89 2.04% 20 Thermax Ltd. Industrial Manufacturing 126514 762.75 2.04% 21 Bharat Electronics Ltd. Industrial Manufacturing 44372 746.91 2.00% 22 Techpro Systems Ltd Industrial Manufacturing 238852 652.90 1.75% 23 Elecon Engineering Company Ltd Industrial Manufacturing 884838 600.81 1.61% 24 Rural Electrification Corporation Ltd Energy 221829 562.78 1.51% 25 Engineers India Ltd. Industrial Manufacturing 174938 533.04 1.43% 26 Action Construction Equipment Limited Industrial Manufacturing1234829 532.21 1.42% 27 Petronet LNG Ltd Energy 424619 517.19 1.38% 28 Gujarat Gas Co. Ltd. Energy 130669 502.23 1.34% 29 vatech wabag Ltd Industrial Manufacturing 39107 492.40 1.32% 30 Ahuluwalia Contracts India Ltd Industrial Manufacturing 434548 481.91 1.29% 31 Ashoka Buildcon Ltd Industrial Manufacturing 147179 444.26 1.19% 32 Great Eastern Shipping Co. Ltd. Services 165954 436.71 1.17% 33 Kalpataru Power Transmission Ltd. Industrial Manufacturing 321504 433.55 1.16% 34 Texmaco Rail And Engineering Ltd. Industrial Manufacturing 611762 428.54 1.15% 35 Havell's India Ltd. Industrial Manufacturing 112578 417.33 1.12% 36 IRB Infrastructure Developers Ltd Construction 194436 412.30 1.10% 37 DLF Limited Construction 152872 410.54 1.10% 38 Eicher Motors Ltd. Automobile 27565 370.56 0.99% 39 Lakshmi Machine Works Ltd. Industrial Manufacturing 16556 369.69 0.99% 40 TRF Limited Industrial Manufacturing 78017 362.19 0.97% 41 Ashok Leyland Ltd. Automobile 628987 357.58 0.96% 42 KSK Energy Ventures Ltd Energy 316009 319.49 0.86% 43 Mercator Lines Ltd Services 775803 295.97 0.79% 44 BGR Energy Systems Ltd Energy 58706 279.97 0.75% 45 Spicejet Limited Services 724992 277.67 0.74% 46 Escorts Ltd. Automobile 194626 275.69 0.74% 47 Sterlite Optical Technologies Ltd. Telecom 464254 271.82 0.73% 48 J Kumar Infra Projects Ltd Industrial Manufacturing 202081 260.38 0.70% 49 Aban Loyd Chiles Offshore Ltd. Industrial Manufacturing 37313 229.94 0.62% 50 Lanco Infratech Ltd. Energy 476743 188.55 0.50% 51 Lloyd Electric & Engineering Ltd. Consumer Goods 306568 188.22 0.50% 52 Siemens Ltd. Industrial Manufacturing 20382 179.57 0.48% 53 Bharat Earth Movers Ltd. Industrial Manufacturing 21211 144.64 0.39% 54 Patel Engineering Ltd. Construction 29216 40.89 0.11% 55 Greaves Cotton Ltd. Industrial Manufacturing 595 0.56 0.00% Equity Total 34,876.15 93.37% Reverse Repo / CBLO 2,437.23 6.53% Net Current Assets 37.46 0.10% Total Net Assets 37,350.84 100.00% Option at the beginning 30/09/2010 26.9114 at the end 31/03/2011 22.2059 g) Turnover ratio-1.12 h) declared during the period : Rs Nil per Unit

the period ended 31 March 11 (Page II) CAPEX OPPORTUNITIES - DIVIDEND 1 Larsen & Toubro Ltd. Industrial Manufacturing 146169 2,414.57 7.10% 2 Bharat Heavy Electricals Ltd. Industrial Manufacturing 65144 1,343.69 3.95% 3 Indraprastha Gas Ltd. Energy 433631 1,300.89 3.82% 4 Crompton Greaves Ltd. Industrial Manufacturing 448351 1,222.88 3.60% 5 Areva T and D India Ltd Industrial Manufacturing 459829 1,139.46 3.35% 6 Infrastructure Development Finance Company Ltd. Financial Services 703037 1,086.90 3.20% 7 Tata Honeywell Ltd. Industrial Manufacturing 47276 1,061.82 3.12% 8 Voltas Ltd. Consumer Goods 539195 984.84 2.90% 9 Alstom Power India Ltd Industrial Manufacturing 166383 981.16 2.88% 10 McNally Bharat Engineering Co Ltd Industrial Manufacturing 446939 978.57 2.88% 11 Sadbhav Engineering Ltd Construction 758650 938.83 2.76% 12 Bajaj Electricals Ltd. Consumer Goods 347419 814.70 2.40% 13 KEC International Limited Industrial Manufacturing 967084 798.81 2.35% 14 Cummins India Ltd. Industrial Manufacturing 111725 779.73 2.29% 15 PTC India Ltd. Energy 924858 771.33 2.27% 16 Hindustan Dorr Oliver Ltd Industrial Manufacturing 989779 770.05 2.26% 17 Torrent Pharmaceuticals Ltd. Pharma 132378 768.39 2.26% 18 vatech wabag Ltd Industrial Manufacturing 59899 754.19 2.22% 19 Thermax Ltd. Industrial Manufacturing 119372 719.69 2.12% 20 Jaiprakash Associates Ltd. Construction 752056 697.91 2.05% 21 Bharat Electronics Ltd. Industrial Manufacturing 37637 633.54 1.86% 22 Gujarat State Petronet Ltd Energy 633384 627.05 1.84% 23 Techpro Systems Ltd Industrial Manufacturing 225217 615.63 1.81% 24 Elecon Engineering Company Ltd Industrial Manufacturing 864867 587.24 1.73% 25 Action Construction Equipment Limited Industrial Manufacturing 1262534 544.15 1.60% 26 Petronet LNG Ltd Energy 430724 524.62 1.54% 27 Rural Electrification Corporation Ltd Energy 204491 518.79 1.53% 28 Engineers India Ltd. Industrial Manufacturing 168086 512.16 1.51% 29 Ashoka Buildcon Ltd Industrial Manufacturing 161148 486.43 1.43% 30 Ahuluwalia Contracts India Ltd Industrial Manufacturing 425775 472.18 1.39% 31 Gujarat Gas Co. Ltd. Energy 120246 462.17 1.36% 32 Great Eastern Shipping Co. Ltd. Services 161355 424.61 1.25% 33 Havell's India Ltd. Industrial Manufacturing 109808 407.06 1.20% 34 Kalpataru Power Transmission Ltd. Industrial Manufacturing 300825 405.66 1.19% 35 IRB Infrastructure Developers Ltd Construction 178272 378.03 1.11% 36 DLF Limited Construction 139906 375.72 1.10% 37 Texmaco Rail And Engineering Ltd. Industrial Manufacturing 532239 372.83 1.10% 38 J Kumar Infra Projects Ltd Industrial Manufacturing 275458 354.93 1.04% 39 TRF Limited Industrial Manufacturing 75144 348.86 1.03% 40 Lakshmi Machine Works Ltd. Industrial Manufacturing 15357 342.91 1.01% 41 Eicher Motors Ltd. Automobile 25503 342.84 1.01% 42 Ashok Leyland Ltd. Automobile 574973 326.87 0.96% 43 KSK Energy Ventures Ltd Energy 283991 287.11 0.84% 44 Mercator Lines Ltd Services 736417 280.94 0.83% 45 Spicejet Limited Services 672303 257.49 0.76% 46 BGR Energy Systems Ltd Energy 53698 256.09 0.75% 47 Escorts Ltd. Automobile 179123 253.73 0.75% 48 Sterlite Optical Technologies Ltd. Telecom 426026 249.44 0.73% 49 Aban Loyd Chiles Offshore Ltd. Industrial Manufacturing 34131 210.33 0.62% 50 Lloyd Electric & Engineering Ltd. Consumer Goods 302817 185.93 0.55% 51 Lanco Infratech Ltd. Energy 436121 172.49 0.51% 52 Siemens Ltd. Industrial Manufacturing 18943 166.90 0.49% 53 Bharat Earth Movers Ltd. Industrial Manufacturing 19405 132.33 0.39% 54 Patel Engineering Ltd. Construction 27120 37.96 0.11% 55 Greaves Cotton Ltd. Industrial Manufacturing 542 0.51 0.00% Equity Total 32,883.94 96.68% Reverse Repo / CBLO 1155.69 3.40% Net Current Assets (24.79) -0.07% Total Net Assets 34,014.84 100.00% option at the beginning 30/09/2010 14.1768 at the end 31/03/2011 11.5665 g) Turnover ratio - 1.23 h) declared during the period : Rs per Unit RURAL INDIA 1 Gujarat State Fertilizers & Chemicals Ltd. Fertilisers & Pesticides 300000 1,025.40 5.31% 2 Hindustan Unilever Ltd. Consumer Goods 340000 976.14 5.05% 3 Coromandel Fertilisers Ltd. Fertilisers & Pesticides 300000 865.05 4.48% 4 Chambal Fertilizers & Chemicals Ltd. Fertilisers & Pesticides 1050000 832.13 4.31% 5 Punjab National Bank Ltd. Financial Services 67500 818.57 4.24% 6 United Phosphorous Ltd. Fertilisers & Pesticides 525000 784.61 4.06% 7 Nestle India Ltd. Consumer Goods 20000 739.31 3.83% 8 State Bank of India Financial Services 25000 691.33 3.58% 9 Dish TV India Ltd. Media & Entertainment 1000000 671.00 3.47% 10 Tata Motors Ltd. Automobile 50000 624.18 3.23% 11 Mcleoud Russel India Ltd Consumer Goods 241810 610.81 3.16% 12 Mahindra & Mahindra Financial Service Ltd Financial Services 75000 582.15 3.01% 13 Bharti Airtel Limited Telecom 148500 530.74 2.75% 14 Bajaj Electricals Ltd. Consumer Goods 225784 529.46 2.74% 15 Ashok Leyland Ltd. Automobile 900000 511.65 2.65% 16 Asian Paints (India) Ltd. Consumer Goods 20000 505.16 2.61% 17 Maruti Udyog Ltd. Automobile 40000 504.86 2.61% 18 Raymond Ltd. Textiles 157000 500.12 2.59% 19 Dr. Reddy's Laboratories Ltd. Pharma 30000 491.72 2.54% 20 Shree Renuka Sugars Ltd. Consumer Goods 700000 487.20 2.52% 21 Shree Cement Ltd. Cement & Cement Products 22884 473.71 2.45% 22 Lupin Ltd. Pharma 100000 416.65 2.16% 23 Hero Honda Motors Ltd. Automobile 25000 397.36 2.06% 24 D B Corp Ltd Consumer 145765 364.41 1.89% 25 GlaxoSmithkline Consumer Healthcare Ltd. Consumer Goods 15000 336.92 1.74% 26 Indian Bank Financial Services 134000 311.89 1.61% 27 Zuari Industries Ltd. Fertilisers & Pesticides 46440 287.58 1.49% 28 Karuturi Networks Ltd Consumer Goods 2700000 286.20 1.48% 29 Mahindra & Mahindra Ltd. Automobile 40000 280.14 1.45% 30 Jyothy Laboratories Ltd Consumer Goods 120000 264.00 1.37% 31 Jagran Prakashan Ltd Media & Entertainment 200000 257.20 1.33% 32 Heritage Foods (India) Ltd. Consumer Goods 129979 227.46 1.18% 33 I T C Ltd. Consumer Goods 100000 182.10 0.94% 34 Jain Irrigation Systems Ltd. Industrial Manufacturing 100000 178.90 0.93% 35 KEC International Limited Industrial Manufacturing 207840 171.68 0.89% 36 Orient Green Power Co. Ltd. Manufacturing 638375 161.51 0.84% 37 Godrej Consumer Products Ltd. Consumer Goods 42899 156.80 0.81% 38 Kiri Dyes & Chemicals Ltd Fertilisers & Pesticides 50000 140.78 0.73% 39 Rural Electrification Corporation Ltd Energy 49392 125.31 0.65% 40 E.I.D. Parry (India) Ltd. Consumer Goods 52704 112.62 0.58% 41 Kaveri Seed Company Ltd Consumer Goods 31029 104.25 0.54% Equity Total 18,519.06 95.81% Dr Reddys Labaratories - NCD** LAA+(ICRA) 180000 8.93 0.05% Total 8.93 0.05% Reverse Repo / CBLO 740.34 3.83% Net Current Assets 60.00 0.31% Total Net Assets 19,328.33 100.00% d) Investments in foreign securities /ADR/GDRs at the end of the period- Inst at the beginning 30/09/2010 14.9948 16.4655 at the end 31/03/2011 10.7318 14.8155 15.1371 g) Turnover ratio-1.17 h) declared during the period : Rs 3.00 per Unit SUNDARAM EQUITY MULTIPLIER 1 Cadila Healthcare Ltd. Pharma 256605 2,026.92 7.07% 2 Indraprastha Gas Ltd. Energy 632390 1,897.17 6.62% 3 Polaris Software Lab Ltd. IT 935791 1,767.24 6.17% 4 GlenMark Pharmaceuticals Ltd-Equity Pharma 568438 1,612.66 5.63% 5 Torrent Pharmaceuticals Ltd. Pharma 274848 1,595.36 5.57% 6 CESC Ltd. Energy 493147 1,530.24 5.34% 7 Cairn India Limited Energy 400000 1,403.80 4.90% 8 Hindustan Zinc Ltd. Metals 1000000 1,378.00 4.81% 9 Development Credit Bank Limited Financial Services 2952112 1,353.54 4.72% 10 Pipavav Shipyard Ltd Industrial Manufacturing 1616672 1,274.75 4.45% 11 Sterlite Industries (India) Ltd. Metals 705797 1,225.97 4.28% 12 Religare Enterprises Ltd Financial Services 249759 1,211.33 4.23% 13 3i Infotech Ltd. IT 2695496 1,181.97 4.12% 14 Bajaj Finserve Ltd Financial Services 217634 1,141.06 3.98% 15 Biocon Ltd. Pharma 251611 868.18 3.03% 16 Petronet LNG Ltd Energy 649526 791.12 2.76% 17 Tata Global Beverages Ltd Consumer Goods 786906 769.20 2.68% 18 Tata Motors Ltd. Automobile 96462 671.28 2.34% 19 AKZO Nobel India Ltd. Consumer Goods 72952 612.40 2.14% 20 OnMobile Global Ltd Energy 232661 564.20 1.97% 21 Bank of Baroda Financial Services 50000 482.43 1.68% 22 India Infoline Ltd Financial Services 649670 481.73 1.68% 23 Career Point Infosystems Ltd Consumer 93000 307.92 1.07% 24 Voltas Ltd. Consumer Goods 162804 297.36 1.04% Equity Total 26,445.83 92.29% Reverse Repo / CBLO 2418.25 8.44% Net Current Assets (208.71) -0.73% Total Net Assets 28,655.37 100.00% option option at the beginning 30/09/2010 12.1992 14.9547 at the end 31/03/2011 11.2193 13.7536 g) Turnover ratio-0.92 h) declared during the period : Rs per Unit SUNDARAM SELECT SMALL CAP 1 Wabco TVS India Ltd Automobile 301587 3,134.24 10.03% 2 Rallis India Ltd. Fertilisers & Pesticides 129874 1,702.97 5.45% 3 Bata India Ltd. Consumer Goods 427024 1,670.52 5.35% 4 Mcleoud Russel India Ltd Consumer Goods 575953 1,454.86 4.66% 5 Magma Fincorp Limited Finance 2243358 1,353.87 4.33% 6 Polaris Software Lab Ltd. IT 681464 1,286.94 4.12% 7 Sundaram-Clayton Ltd. Automobile 811968 1,171.67 3.75% 8 Ess Dee Aluminium Ltd. Industrial Manufacturing 255943 1,075.22 3.44% 9 Elgi Equipments Ltd. Industrial Manufacturing 1118652 1,013.50 3.24% 10 Havell's India Ltd. Industrial Manufacturing 255965 948.86 3.04% 11 Time Technoplast Ltd Industrial Manufacturing 1665000 929.90 2.98% 12 Sun Pharma Advanced Research Co. Ltd Pharma 1201885 865.96 2.77% 13 TVS Motor Company Ltd. Automobile 1433721 858.08 2.75% 14 Nava Bharat Ventures Ltd. Metals 338101 847.45 2.71% 15 Apar Industries Ltd. Energy 361803 729.58 2.33% 16 JBF Industries Ltd Textiles 435926 713.61 2.28% 17 Suprajit Engineering Ltd. Automobile 3703705 696.30 2.23% 18 Ceat Ltd. Automobile 635355 654.73 2.10% 19 J Kumar Infra Projects Ltd Industrial Manufacturing 487112 627.64 2.01% 20 Amara Raja Batteries Ltd. Automobile 327330 621.11 1.99% 21 Vascon Engineers Ltd Manufacturing 715210 620.44 1.99% 22 Grindwell Norton Ltd Industrial Manufacturing 238688 528.93 1.69% 23 Hindustan Dorr Oliver Ltd Industrial Manufacturing 542308 421.92 1.35% 24 Bayer CropScience Ltd Fertilisers & Pesticides 41401 379.38 1.21% 25 Indian Overseas Bank Financial Services 240329 345.59 1.11% 26 Shilpa Medicare Ltd Pharma 126222 334.55 1.07% 27 Lancor Holdings Ltd Financial Services 626014 333.35 1.07% 28 Geodesic Information Systems Ltd. IT 401800 311.60 1.00% 29 Technofab Engineering Ltd Energy 181677 279.69 0.90% 30 PSL Ltd. Metals 377392 278.14 0.89% 31 Puravankara Projects Limited Construction 234329 253.54 0.81% 32 Orient Green Power Co. Ltd. Manufacturing 956444 241.98 0.77% 33 Texmaco Rail And Engineering Ltd. Industrial Manufacturing 319201 223.60 0.72% 34 Electrosteel Castings Ltd. Industrial Manufacturing 719460 221.95 0.71% 35 Diamond Power Infrastructure Ltd Manufacturing 142277 218.82 0.70% 36 Rico Auto Industries Ltd. Automobile 1324344 207.26 0.66% 37 Microsec Financial Services Ltd Financial Services 410917 169.30 0.54% 38 Easun Reyrolle Ltd. Industrial Manufacturing 195934 160.27 0.51% 39 Emkay Global Financial Services Ltd Financial Services 225822 127.59 0.41% 40 J K Cements Ltd Cement & Cement Products 80686 113.77 0.36% 41 Texmaco Limited Industrial Manufacturing 319201 100.24 0.32% Equity Total 28,228.92 90.34% Reverse Repo / CBLO 2763.86 8.84% Net Current Assets 255.79 0.82% Total Net Assets 31,248.57 100.00% option option at the beginning 30/09/2010 14.5555 14.5546 at the end 31/03/2011 11.3439 12.1823 g) Turnover ratio-0.88 h) declared during the period : Rs per Unit ENERGY OPPORTUNITIES 1 Reliance Industries Ltd. Energy 838793 8,799.78 7.61% 2 Oil & Natural Gas Corpn. Ltd., Energy 2600000 7,573.80 6.55% 3 Cairn India Limited Energy 2116548 7,428.03 6.42% 4 Petronet LNG Ltd Energy 5868740 7,148.13 6.18% 5 GAIL (India) Ltd. Energy 1480208 6,868.17 5.94% 6 Coal India Ltd Industrial Manufacturing 1671234 5,790.83 5.01% 7 Gujarat State Petronet Ltd Energy 5658480 5,601.90 4.84% 8 Gujarat Gas Co. Ltd. Energy 1274125 4,897.10 4.23% 9 Indraprastha Gas Ltd. Energy 1444818 4,334.45 3.75% 10 Maharashtra Seamless Ltd. Metals 1026498 3,346.38 2.89% 11 Larsen & Toubro Ltd. Industrial Manufacturing 200917 3,318.95 2.87% 12 Infosys Technologies Ltd. IT 87591 2,839.09 2.45% 13 Videocon Industries Ltd. Services 1350000 2,592.00 2.24% 14 Bharat Petroleum Corporation Ltd. Energy 408000 2,496.35 2.16% 15 Oil India Limited Energy 185712 2,437.01 2.11% 16 CESC Ltd. Energy 750000 2,327.25 2.01% 17 Gujarat Mineral Development Corporation Ltd. Metals 1709255 2,319.46 2.01% 18 Sterlite Industries (India) Ltd. Metals 1281157 2,225.37 1.92% 19 Adani Enterprises Ltd. Services 330000 2,199.62 1.90% 20 Adani Power Ltd Manufacturing 1900000 2,142.25 1.85% 21 Shree Renuka Sugars Ltd. Consumer Goods 3000000 2,088.00 1.81% 22 Tata Motors Ltd. Automobile 280000 1,948.52 1.68% 23 Bharti Airtel Limited Telecom 400000 1,429.60 1.24% 24 Lanco Infratech Ltd. Energy 3492841 1,381.42 1.19% 25 Raymond Ltd. Textiles 410000 1,306.06 1.13% 26 Sesa Goa Ltd. Metals 440765 1,284.17 1.11% 27 Hindustan Petroleum Corporation Ltd. Energy 356761 1,272.03 1.10% 28 TRF Limited Industrial Manufacturing 271000 1,258.12 1.09% 29 Bharat Forge Ltd. Industrial Manufacturing 357429 1,241.35 1.07% 30 ICICI Bank Ltd. Financial Services 111158 1,240.75 1.07% 31 Cipla Ltd. Pharma 380000 1,222.27 1.06% 32 Rural Electrification Corporation Ltd Energy 472774 1,199.43 1.04% 33 Orient Green Power Co. Ltd. Manufacturing 4727125 1,195.96 1.03% 34 Reliance Energy Ltd. Energy 169884 1,172.11 1.01% 35 Infrastructure Development Finance Company Ltd. Financial Services 738993 1,142.48 0.99% 36 JBF Industries Ltd Textiles 691480 1,131.95 0.98% 37 Chambal Fertilizers & Chemicals Ltd. Fertilisers & Pesticides 1222743 969.02 0.84% 38 KSK Energy Ventures Ltd Energy 820000 829.02 0.72% 39 Thermax Ltd. Industrial Manufacturing 135711 818.20 0.71% 40 NTPC Ltd. Energy 329913 637.06 0.55% 41 Crompton Greaves Ltd. Industrial Manufacturing 205424 560.28 0.48% 42 BGR Energy Systems Ltd Energy 109275 521.12 0.45% 43 Power Grid Corporation of India Ltd Energy 322765 328.89 0.28% Equity Total 112,863.73 97.57% Reverse Repo / CBLO 1,339.06 1.16% Net Current Assets 1,474.85 1.27% Total Net Assets 115,677.64 100.00% option option at the beginning 30/09/2010 8.9538 8.9538 at the end 31/03/2011 7.8505 7.8504 g) Turnover ratio-1.29 h) declared during the period : Rs per Unit FINANCIAL SERVICES OPPORTUNITIES 1 ICICI Bank Ltd. Financial Services 250600 2,797.20 10.15% 2 State Bank of India Financial Services 99854 2,761.26 10.02% 3 Punjab National Bank Ltd. Financial Services 210000 2,546.67 9.24% 4 HDFC Bank Ltd. Financial Services 90000 2,111.27 7.66% 5 Axis Bank Ltd Financial Services 125000 1,754.81 6.37% 6 Bank of Baroda Financial Services 130000 1,254.31 4.55% 7 Bank of India Financial Services 243660 1,158.24 4.20% 8 Indian Bank Financial Services 475000 1,105.56 4.01% 9 Housing Development Finance Corporation Ltd. Financial Services 150000 1,051.80 3.82% 10 Oriental Bank of Commerce Financial Services 270000 1,050.44 3.81% 11 IndusInd Bank Ltd. Financial Services 385000 1,014.86 3.68% 12 Yes Bank Ltd Financial Services 300000 928.80 3.37% 13 Corporation Bank Financial Services 130000 827.06 3.00% 14 Jammu & Kashmir Bank Ltd. Financial Services 85000 742.90 2.69% 15 Kotak Mahindra Bank Ltd. Financial Services 140000 640.99 2.33% 16 Canara Bank Ltd. Financial Services 100000 626.25 2.27% 17 Infrastructure Development Finance Company Ltd. Financial Services 400000 618.40 2.24% 18 Rural Electrification Corporation Ltd Energy 241337 612.27 2.22% 19 Federal Bank Ltd. Financial Services 120000 502.26 1.82% 20 Allahabad Bank Ltd. Financial Services 200000 459.50 1.67% 21 United Bank of India Financial Services 297727 316.48 1.15% 22 Indian Overseas Bank Financial Services 200000 287.60 1.04% 23 LIC Housing Finance Ltd. Financial Services 126008 284.90 1.03% 24 ING Vysya Bank Ltd Financial Services 84191 270.30 0.98% 25 UCO Bank Financial Services 250000 267.50 0.97% 26 Bajaj Auto Finance Ltd. Financial Services 36648 256.48 0.93% 27 Central Bank Of India Banks 150000 210.75 0.76% 28 Manappuram General Finance & Leasing Ltd Financial Services 156000 207.17 0.75% 29 Central Bank Of India Rights Banks 90000 126.44 0.46% Equity Total 26,792.47 97.19% Equity Warrants HDFC Warrants Financial Services 149200 224.47 0.81% Warrant Total 224.47 0.81% Reverse Repo / CBLO 659.68 2.39% Net Current Assets (109.23) -0.40% Total Net Assets 27,567.39 100.00% option option IPDIV IPGR at the beginning 30/09/2010 17.9645 22.6009 18.0143 22.6328 at the end 31/03/2011 13.4712 21.0098 13.5087 21.1302 g) Turnover ratio-1.20 h) declared during the period : Rs 3.00 per Unit ENTERTAINMENT OPPORTUNITIES 1 Dish TV India Ltd. Media & Entertainment 809047 542.87 9.57% 2 Television Eighteen India Ltd. Media & Entertainment 650586 504.85 8.90% 3 OnMobile Global Ltd Energy 169993 412.23 7.27% 4 HT Media Ltd. Media & Entertainment 274662 410.48 7.24% 5 UTV Software Communications Ltd. Media & Entertainment 70191 404.02 7.12% 6 Mahindra Holidays & Resorts India Ltd Services 111052 385.96 6.80% 7 PVR Limtied Media & Entertainment 337303 358.55 6.32% 8 Network 18 Fincap Ltd. Financial Services 242865 324.95 5.73% 9 IBN 18 Broadcast Ltd Consumer 339173 315.43 5.56% 10 Sun TV Network Limited Media & Entertainment 66600 299.20 5.27% 11 Entertainment Network (India) Ltd Media & Entertainment 88203 222.84 3.93% 12 Indian Hotels Co. Ltd. Services 219271 184.19 3.25% 13 Info Edge (India) Ltd. IT 23862 160.10 2.82% 14 Infinite Computer Solutions India Ltd IT 100000 155.95 2.75% 15 D B Corp Ltd Consumer 62077 155.19 2.74% 16 TV Today Network Ltd. Media & Entertainment 200000 117.11 2.06% 17 Talwalkars better Value Fitness Ltd Consumer 49201 107.61 1.90% 18 NDTV Ltd. Media & Entertainment 114753 81.54 1.44% Equity Total 5,143.07 90.67% Reverse Repo / CBLO 430.27 7.59% Net Current Assets 98.84 1.74% Total Net Assets 5,672.18 100.00% Inst at the beginning 30/09/2010 13.0692 16.5576 - at the end 31/03/2011 11.1539 14.1298 14.1825 g) Turnover ratio-0.13 h) declared during the period : Rs per Unit PSU OPPORTUNITIES 1 State Bank of India Financial Services 115000 3,180.10 7.10% 2 Punjab National Bank Ltd. Financial Services 260000 3,153.02 7.04% 3 Gujarat State Fertilizers & Chemicals Ltd. Fertilisers & Pesticides 850000 2,905.30 6.49% 4 GAIL (India) Ltd. Energy 530000 2,459.20 5.49% 5 Petronet LNG Ltd Energy 2000000 2,436.00 5.44% 6 Oil & Natural Gas Corpn. Ltd., Energy 780000 2,272.14 5.08% 7 Bank of India Financial Services 467069 2,220.21 4.96% 8 Coal India Ltd Industrial Manufacturing 637452 2,208.77 4.93% 9 NTPC Ltd. Energy 1133000 2,187.82 4.89% 10 Steel Authority of India Ltd. Metals 1000000 1,696.00 3.79% 11 Bharat Electronics Ltd. Industrial Manufacturing 80000 1,346.64 3.01% 12 Power Grid Corporation of India Ltd Energy 1275407 1,299.64 2.90% 13 NMDC LTD Commodities 450000 1,280.25 2.86% 14 Bank of Baroda Financial Services 130000 1,254.31 2.80% 15 PTC India Ltd. Energy 1262062 1,052.56 2.35% 16 Container Corporation of India Ltd. Services 85576 1,026.95 2.29% 17 Indian Bank Financial Services 432000 1,005.48 2.25% 18 Oriental Bank of Commerce Financial Services 250000 972.63 2.17% 19 Bharat Petroleum Corporation Ltd. Energy 150000 917.78 2.05% 20 Canara Bank Ltd. Financial Services 140000 876.75 1.96% 21 Jammu & Kashmir Bank Ltd. Financial Services 100000 874.00 1.95% 22 Indian Oil Corporation Ltd. Energy 235291 783.17 1.75% 23 Hindustan Petroleum Corporation Ltd. Energy 215000 766.58 1.71% 24 MOIL Ltd Manufacturing 191703 756.75 1.69% 25 Gujarat Alkalies & Chemicals Ltd. Chemicals 548354 699.43 1.56% 26 Gujarat State Petronet Ltd Energy 600000 594.00 1.33% 27 Union Bank of India Ltd. Financial Services 150000 520.88 1.16% 28 LIC Housing Finance Ltd. Financial Services 202015 456.76 1.02% 29 Power Finance Corporation Ltd. Financial Services 175000 437.41 0.98% 30 Bharat Heavy Electricals Ltd. Industrial Manufacturing 21113 435.49 0.97% 31 Bharat Earth Movers Ltd. Industrial Manufacturing 61265 417.80 0.93% 32 NHPC Ltd Industrial Manufacturing1300000 328.90 0.73% 33 Rural Electrification Corporation Ltd Energy 98785 250.61 0.56% 34 Infrastructure Development Finance Company Ltd. Financial Services 100000 154.59 0.35% 35 Engineers India Ltd. Industrial Manufacturing 47207 143.83 0.32% Equity Total 43,371.75 96.88% Reverse Repo / CBLO 1,518.25 3.39% Net Current Assets (120.59) -0.27% Total Net Assets 44,769.41 100.00% option option at the beginning 30/09/2010 12.0204 12.0187 at the end 31/03/2011 10.2999 11.3108 g) Turnover ratio-0.87 h) declared during the period : RE 1.00/- per Unit SUNDARAM BOND SAVER Sl No Investment Ratings Quantity Mkt Value % of 1 Power Finance Corporation ** AAA 50 512.68 21.76% 2 Sundaram Bnp Paribas Home Finance Ltd ** AA 50 496.28 21.06% 3 HDFC Ltd** AAA 30 298.67 12.68% 4 Aditya Birla Nuvo Limited ** LAA+ 25 253.17 10.75% 5 HDFC Ltd** AAA 5 50.20 2.13% 6 Kotak Mahindra Prime ** LAA 1 9.92 0.42% Sub Total 1620.94 68.80% b) Govt Security 1 6.05% GOVT SEC - 2019 Sovereign 22800 20.20 0.86% 2 6.83% GOVT SEC - 2039 Sovereign 8200 6.86 0.29% Sub Total 27.06 1.15% c) Securitized Debt Instruments d) Privately Placed / Unlisted 1 IDBI Bank P1+ 550 499.79 21.21% 2 Bank of India P1+ 180 166.58 7.07% Sub Total 666.37 28.28% 1 REVERSE REPO / CBLO 30.96 1.31% 2 Net Current Assets 10.65 0.45% Grand Total 2355.98 100.00% a) Total NPAs provided for and its percentage to NAV - Nil b) Total value and percentage of illiquid Equity shares - Nil plan Quarterly Halfyearly Annual Bonus Quarterly Bonus at the beginning - 30/09/2010 28.0462 10.3658 10.5780 10.4883 14.7767 31.6728 10.5339 14.7973 at the end - 31/03/2011 28.4586 10.5184 10.7338 10.6423 14.9936 32.1326 0.0000 15.0145 d) declared during the period - Qty - - - - -Annual - - - - -Hly - - - - g) Average maturity - 3.90 yrs h) Average Duration - 2.81 yrs SUNDARAM MONEY FUND Sl No Investment Ratings Quantity Mkt Value % of c) Securitized Debt Instruments 1 HDFC Bank A1+ 5000 4920.15 12.26% 2 UCO Bank P1+ 5000 4899.68 12.21% 3 CANARA Bank A1+ 5000 4892.67 12.19% 4 UCO BANK P1+ 5000 4887.66 12.18% 5 Central Bank of India PR1+ 5000 4886.40 12.17% 6 Canara Bank A1+ 2500 2458.06 6.12% 7 Central Bank of India PR1+ 2500 2454.58 6.12% 8 Bank of India P1+ 2500 2453.23 6.11% 9 UCO Bank P1+ 2500 2450.45 6.11% 10 State Bank of Patiala A1+ 2500 2448.77 6.10% 11 Allahabad Bank P1+ 2500 2446.20 6.09% 12 Punjab National Bank A1+ 2500 2444.66 6.09% 13 Yes Bank A1+ 1150 1138.60 2.84% 14 HCL Infosystem Ltd. A1+ 200 989.57 2.47% 15 Vijaya Bank P1+ 500 494.86 1.23% 16 Axis Bank P1+ 500 490.94 1.22% 17 IDBI Bank P1+ 280 274.80 0.68% Sub Total 45031.26 112.20% 1 REVERSE REPO / CBLO 11.99 0.03% 2 Net Current Assets -4907.08-12.23% GRAND TOTAL 40,136.17 100.00% Regular plan dividend option Daily Weekly Fortnightly Monthly Quarterly at the beginning - 30/09/2010 10.0953 10.6918 10.4525 10.3269 10.8150 19.3180 at the end - 31/03/2011 10.0953 10.7144 10.4823 10.3531 0.0000 19.8987 plan dividend option Daily Weekly Fortnightly Monthly Quarterly at the beginning - 30/09/2010 10.0953 10.8285-10.3793 10.8227 19.613 at the end - 31/03/2011 10.0953 0.0000 0.0000 10.4141 11.2178 20.3291 Super plan dividend option Daily Weekly Fortnightly Monthly Quarterly at the beginning - 30/09/2010 10.0953 - - - - 19.893 at the end - 31/03/2011 10.0953 - - - - 20.6655 d) declared during the period Super Others(Rs) Daily 0.23487 0.23487 0.28417 0.28417 0.30190 0.30190 Weekly 0.22503 0.22503 0.07128 0.07128 Quarterly Fornightly 0.21923 0.21923 Monthly 0.21860 0.21860 0.26395 0.26395 g) Average Maturity - 0.23 yrs h) Average Duration - 0.23 yrs

the period ended 31 March 11 (Page III) SUNDARAM ULTRA SHORT-TERM FUND 1 DHFL Holdings ** PR1+(SO) 50 5003.29 4.99% 2 Hero Investments ** P1+ 250 2500.00 2.49% 3 NABARD ** AAA 100 1000.24 1.00% 4 Aditya Birla Nuvo Ltd ** AA+ 10 101.27 0.10% 5 HDFC Ltd ** AAA 8 79.46 0.08% 6 Power Finance Corp ** AAA 8 75.32 0.08% Sub Total 8759.59 8.73% c) Securitized Debt Instruments 1 Bank of Maharastra A1+ 7500 7345.72 7.32% 2 HDFC Bank Ltd PR1+ 7500 7332.85 7.31% 3 Central Bank Of India PR1+ 5000 4887.53 4.87% 4 Allahabad Bank P1+ 5000 4887.40 4.87% 5 Muthoot Finance Ltd A1+ 1000 4852.16 4.84% 6 HCL Infosystems A1+ 500 2487.32 2.48% 7 Allahabad Bank P1+ 2500 2465.34 2.46% 8 Federal Bank P1+ 2500 2461.80 2.45% 9 UCO Bank P1+ 2500 2455.91 2.45% 10 Canara Bank A1+ 2500 2455.38 2.45% 11 Jammu & Kasmir Bank P1+ 2500 2452.25 2.44% 12 Axis Bank P1+ 2500 2451.60 2.44% 13 Allahabad Bank P1+ 2500 2451.55 2.44% 14 Central Bank of India PR1+ 2500 2451.10 2.44% 15 Magma Fincorp PR1+ 500 2450.28 2.44% 16 State Bank of Bikaner & Jaipur P1+ 2500 2446.15 2.44% 17 Allahabad Bank P1+ 2500 2446.05 2.44% 18 UCO Bank P1+ 2500 2445.70 2.44% 19 Punjab National Bank A1+ 2500 2444.72 2.44% 20 Bank of India P1+ 2500 2444.10 2.44% 21 Andhra Bank PR1+ 2500 2444.10 2.44% 22 Canara Bank A1+ 2500 2442.36 2.43% 23 Axis Bank P1+ 2500 2440.81 2.43% 24 Corporation Bank P1+ 2500 2278.53 2.27% 25 Bank of India P1+ 2500 2277.45 2.27% 26 Central Bank of India PR1+ 2500 2274.53 2.27% 27 TV Eighteen Ltd A1+(SO) 440 2150.96 2.14% 28 TGS Investment & Trade P Ltd A1+ 400 1991.23 1.98% 29 IDBI Bank P1+ 1950 1771.99 1.77% 30 UCO Bank P1+ 1400 1386.22 1.38% 31 IDBI Bank P1+ 1220 1197.34 1.19% 32 Tata Motor Finance Ltd P1+ 200 982.90 0.98% 33 State Bank of Mysore A1+ 1000 949.04 0.95% 34 Dhanalakshmi Bank PR1+ 590 539.71 0.54% 35 State Bank of Travancore P1+ 500 480.45 0.48% 36 JM Financial Products P1+ 105 476.24 0.47% 37 Bank of India P1+ 505 471.59 0.47% 38 State Bank of Bikaner & Jaipur P1+ 500 465.96 0.46% 39 JM Financial Products Ltd P1+ 78 387.19 0.39% 40 Andhra Bank PR1+ 390 384.56 0.38% 41 Tamilnadu Mercantile Bank P1+ 380 376.16 0.37% 42 Aditya Birla Finance Ltd A1+ 70 342.09 0.34% 43 Punjab & Sind Bank A1+ 330 300.51 0.30% 44 Edelweiss Capital Limited P1+ 60 292.71 0.29% 45 Yes Bank A1+ 290 287.12 0.29% 46 Birla TMT Holdings P Ltd A1+ 44 199.74 0.20% 47 JM Financial Products Ltd A1+ 44 199.20 0.20% 48 TGS Investment & Trade P Ltd A1+ 23 114.86 0.11% 49 Edelweiss Capital Limited P1+ 20 95.12 0.09% 50 Magma Fincorp A1+ 19 94.89 0.09% 51 JM Financial Services P1+ 20 93.68 0.09% 52 TGS Investment & Trade P Ltd A1+ 18 89.46 0.09% 53 Religare Finvest Ltd A1+ 11 54.69 0.05% 54 ICICI Bank A1+ 45 43.18 0.04% 55 Karur Vysya Bank P1+ 20 19.98 0.02% 56 Forbes & Co Ltd. P1+ 4 19.90 0.02% 57 TGS Investment & Trade P Ltd A1+ 4 18.03 0.02% 58 Reliance Capital Limited P1+ 1 4.79 0.00% Sub Total 96554.17 96.22% 1 REVERSE REPO / CBLO 23.97 0.02% 2 Net Current Assets -4986.77-4.97% Grand Total 100,350.96 100.00% Regular plan Daily Weekly Fortnightly Monthly Quarterly at the beginning - 30/09/2010 10.0391 10.6294 10.4177 10.3774 10.7768 12.4758 at the end - 31/03/2011 10.0370 10.6548 10.4496 10.4080 11.1109 12.8620 plan at the beginning - 30/09/2010 10.0387 10.6528 10.4405 10.4288-12.6186 at the end - 31/03/2011 10.0370 10.6828 10.4855 10.4790 0.0000 13.0905 Super plan at the beginning - 30/09/2010 10.0389 10.6444 - - - 12.7478 at the end - 31/03/2011 10.03700 10.6763 - - - 13.2531 d) declared during the period Super Others(Rs) Daily 0.27954 0.26057 0.33698 0.31413 0.33412 0.33101 Weekly 0.25789 0.24036 0.31454 0.27847 0.32956 0.23562 Fornightly 0.25456 0.11584 0.17201 0.17201 Monthly 0.24982 0.23284 0.30227 0.28172 Quarterly g) Average maturity - 0.34 yrs h) Average Duration - 0.33 yrs SUNDARAM INCOME PLUS 1 REVERSE REPO / CBLO/CBLO 60.93 82.86% 2 Net Current Assets 12.60 17.14% Grand Total 73.53 100.00% at the beginning - 30/09/2010 14.6696 11.9108 at the end - 31/03/2011 14.9919 12.1691 d) declared during the period Nil g) Average maturity - 0.002 yrs h) Average Duration - 0.002 yrs SUNDARAM FLEXIBLE FUND-SHORT TERM 1 Aditya Birla Nuvo Limited ** LAA+ 120 1,215.23 15.19% 2 Srei Equipment Finance ** AA 540 538.67 6.73% 3 Reliance Capital ** AAA 44 433.16 5.41% 4 Bajaj Auto Finance Limited ** AA+ 3 288.79 3.61% 5 Tata Chemicals Limited ** AA+ 15 148.21 1.85% 6 HDFC Ltd ** AAA 10 100.41 1.25% 7 Tata Capital Ltd ** LAA+ 2 19.89 0.25% 8 LIC Housing Finance ** AAA 2 19.82 0.25% Sub Total 2,764.17 34.55% 1 State Bank of Mysore A1+ 1,000 949.04 11.86% 2 IDBI Bank P1+ 1,000 922.07 11.52% 3 Canara Bank A1+ 900 845.13 10.56% 4 ICICI Bank A1+ 880 819.08 10.24% 5 ICICI Bank A1+ 374 352.60 4.41% 6 Religare Finvest Limited A1+ 53 251.51 3.14% 7 IDBI Bank P1+ 200 189.43 2.37% 8 Axis Bank P1+ 190 186.56 2.33% 9 Axis Bank P1+ 200 185.60 2.32% 10 Punjab National Bank A1+ 185 175.40 2.19% 11 Yes Bank A1+ 180 170.45 2.13% 12 South Indian Bank PR1+ 100 93.70 1.17% Sub Total 5,140.56 64.25% 1 REVERSE REPO / CBLO 26.97 0.34% 2 Net Current Assets 69.24 0.87% Grand Total 8,000.95 100.00% Regular Monthly Daily Weekly Monthly at the beginning - 30/09/2010 10.3380 14.3609 10.0537 10.4435 10.3878 14.9182 at the end - 31/03/2011 10.3962 14.7812 10.0519 0.0000 10.4515 15.4177 d) declared during the period Daily 0.21022 0.19592 0.29206 0.28317 Weekly - - 0.05804 0.05804 Monthly - - 0.24280 0.22629 g) Average Maturity - 0.99 yrs h) Average Duration - 0.88 yrs SUNDARAM FLEXIBLE FUND - FLEXIBLE INCOME PLAN Aditya Birla Nuvo Limited ** LAA+ 2 19.23 9.72% Sub Total 19.23 9.72% 1 Punjab & Sind Bank P1+ 20 19.80 10.00% 2 YES Bank P1+ 10 9.47 4.78% Sub Total 29.27 14.79% 1 REVERSE REPO / CBLO 144.84 73.17% 2 Net Current Assets 4.61 2.33% Grand Total 197.95 100.00% Regular Monthly Quarterly Halfyearly Annual Monthly Quarterly at the beginning - 30/09/2010 10.4178 11.4253 11.2247 10.8735 14.1099 - - - at the end - 31/03/2011 10.4628 11.7528 11.5453 11.1851 14.5209 - - - d) declared during the period Monthly 0.22005 0.20508 - - Quartely - - - - g) Average Maturity - 0.25 Yrs h) Average Duration - 0.21 Yrs SUNDARAM GILT FUND b) Govt Security Nil 1 REVERSE REPO / CBLO 10.99 67.29% 2 Net Current Assets 5.34 32.71% Grand Total 16.33 100.00% at the beginning - 30/09/2010 11.6392 15.2493 at the end - 31/03/2011 11.7499 15.3918 d) declared during the period: Nil g) Average Maturity - 0.002 yrs h) Average Duration - 0.002 yrs SUNDARAM SELECT DEBT - SHORT TERM ASSET PLAN HDFC Ltd ** AAA 42 417.19 13.08% Sub Total 417.19 13.08% Canara Bank A1+ 770 756.31 23.71% UCO Bank P1+ 685 672.84 21.10% Central Bank of India PR1+ 635 623.71 19.56% Andhra Bank PR1+ 610 601.50 18.86% Bank of India P1+ 500 491.10 15.40% YES Bank A1+ 100 98.59 3.09% Sub Total 3,244.04 101.71% REVERSE REPO / CBLO 6.99 0.22% Net Current Assets (478.84) -15.01% Grand Total 3,189.38 100.00% Weekly Fortnightly Monthly Quarterly Halfyearly Annual at the beginning - 30/09/2010 11.4918 11.3077 11.0338 11.6240 11.2469 11.2557 15.4475 at the end - 31/03/2011 12.0707 11.8781 11.5901 12.1863 11.8135 11.8223 16.2261 d) declared during the period g) Average maturity - 0.2 yrs h) Average Duration - 0.2 yrs QUARTERLY SERIES - PLAN A b) Securitized Debt Instruments c) Privately Placed 1 Central Bank Of India PR1+ 1865 1831.84 30.25% 2 UCO Bank P1+ 1815 1782.79 29.44% 3 Canara Bank A1+ 1480 1453.68 24.00% 4 Bank of India P1+ 1000 982.19 16.22% Sub Total 6050.50 99.90% 1 Reverse Repo / CBLO 5.99 0.10% 2 Net Current Assets 0.10 0.002% Grand Total 6056.59 100.00% at the beginning - 30/09/2010 10.0468 12.1213 10.0469 12.1213 at the end - 31/03/2011 10.0653 12.6330 10.0652 12.6301 d) declared during the period - 0.34829 0.32461 0.34855 0.32486 g) Average maturity - 0.18 yrs QUARTERLY SERIES - PLAN B 1 Central Bank Of India PR1+ 2500 2447.97 26.14% 2 ICICI Bank A1+ 2500 2447.94 26.14% 3 Aditya Birla Finance Ltd A1+ 430 2101.43 22.44% 4 TV 18 Ltd A1+(SO) 260 1271.02 13.57% 5 Bank of India P1+ 1000 982.19 10.49% Sub Total 9250.56 98.79% 1 Reverse Repo / CBLO 112.87 1.21% 2 Net Current Assets 0.65 0.01% Grand Total 9364.08 100.00% at the beginning - 30/09/2010 10.0200 12.2560 10.0198 12.2906 at the end - 31/03/2011 10.0252 12.7658 10.0261 12.8017 d) declared during the period - 0.35611 0.33190 0.35593 0.33174 e) Total outstanding exposure in derivative instrumentsat the end of the period -Ni g) Average maturity - 0.21 yrs QUARTERLY SERIES - PLAN C 1 YES Bank A1+ 1750 1732.65 30.11% 2 Tamilnadu Mercantile Bank P1+ 1740 1722.43 29.93% 3 Punjab and Sind Bank A1+ 1720 1703.13 29.59% 4 UCO Bank P1+ 600 594.09 10.32% Sub Total 5752.30 99.95% 1 Reverse Repo / CBLO 2.00 0.03% 2 Net Current Assets 0.94 0.02% Grand Total 5755.24 100.00% at the beginning - 30/09/2010 10.0633 11.8133 - - at the end - 31/03/2011 10.0078 12.2787 10.0078 12.2826 d) declared during the period - 0.39169 0.26593 0.28566 0.26624 QUARTERLY SERIES - PLAN D 1 South Indian Bank PR1+ 3000 2992.55 28.39% 2 Canara Bank A1+ 2500 2494.11 23.66% 3 Karur Vysya Bank P1+ 2500 2494.03 23.66% 4 Federal Bank P1+ 1405 1401.56 13.30% 5 Karnataka Bank A1+ 1170 1168.02 11.08% Sub Total 10550.27 100.10% 1 Reverse Repo / CBLO 9.99 0.09% 2 Net Current Assets -20.31-0.19% Grand Total 10539.95 100.00% at the beginning - 30/09/2010 10.1377 12.0056 10.1390 12.0059 at the end - 31/03/2011 10.0024 12.4914 10.0024 12.4915 d) declared during the period 0.47092 0.43890 0.47293 0.44079 g) Average maturity - 0.03 yrs QUARTERLY SERIES - PLAN E 1 Yes Bank A1+ 3900 3845.11 24.90% 2 Tamil Nadu Mercantle Bank P1+ 2730 2702.43 17.50% 3 Punjab National Bank A1+ 2500 2465.40 15.96% 4 UCO Bank P1+ 2500 2465.35 15.96% 5 Ing Vysya Bank P1+ 2500 2464.97 15.96% 6 Andhra Bank PR1+ 1500 1479.07 9.58% Sub Total 15422.32 99.86% 1 Reverse Repo / CBLO 32.96 0.21% 2 Net Current Assets -11.86-0.08% Grand Total 15443.42 100.00% at the beginning - 30/09/2010 10.0745 11.1696 10.0767 11.1728 at the end - 31/03/2011 10.0027 11.6373 10.0027 11.6460 d) declared during the period 0.4267 0.3976 0.4281 0.3990 g) Average Maturity - 0.14 yrs SUNDARAM FIXED TERM PLAN - R 1 Reliance Capital Ltd ** AAA 25 249.53 16.95% 2 Fullerton India Credit Company Ltd ** LAA+ 25 248.90 16.91% 3 Kotak Mahindra Prime Limited ** LAA 25 248.83 16.90% 4 IDFC Ltd ** LAAA 22 219.79 14.93% 5 Bajaj Auto Finance Ltd ** LAA+ 1 99.61 6.77% 6 Tata Steel Limited ** AAA 4 39.98 2.72% Sub Total 1106.63 75.17% AXIS BANK P1+ 310 304.39 20.68% Sub Total 304.39 20.68% 1 Reverse Repo / CBLO 17.98 1.22% 2 Net Current Assets 43.10 2.93% Grand Total 1472.10 100.00% c) NAV per unit at the beginning - 30/09/2010 10.1588 10.5275 at the end - 31/03/2011 10.5191 10.9020 d) declared during the period - h) Average duration - 0.11 yrs SUNDARAM FIXED TERM PLAN - U 1 Karur Vysya Bank P1+ 980 979.00 24.24% 2 JM Financial Products P1+ 76 379.57 9.40% 3 Birla TMT Holding P1+ 70 349.62 8.66% Sub Total 1708.19 42.29% Reverse Repo / CBLO 2332.35 57.74% Net Current Assets -1.13-0.03% Grand Total 4039.40 100.00% at the beginning - 30/09/2010 10.1623 10.2830 at the end - 31/03/2011 10.5185 10.6435 d) declared during the period - Nil g) Average maturity - 0.007 yrs h) Average duration - 0.007 yrs SUNDARAM FIXED TERM PLAN - Y 1 Tata Capital Ltd ** LAA+ 105 1044.30 14.85% 2 ICICI Securities Primary Dealership Ltd ** AAA 10 994.36 14.14% 3 Bajaj Auto Finance Ltd ** AA+ 10 992.79 14.11% 4 HCLTechnologies Limited ** LAA+ 99 983.99 13.99% 5 Reliance Capital Ltd ** AAA 90 898.30 12.77% 6 Tata Steel ** AA 50 499.76 7.10% 7 L& T Finance Limited ** LAA+ 50 496.71 7.06% 8 LIC Housing Finance Ltd ** AAA 50 496.20 7.05% 9 Kotak Mahindra Prime Limited ** LAA 25 248.83 3.54% Sub Total 6655.25 94.61% Reverse Repo / CBLO 39.95 0.57% Net Current Assets 339.21 4.82% Grand Total 7034.41 100.00% at the beginning - 30/09/2010 10.1713 10.3728 at the end - 31/03/2011 10.4988 10.7068 d) declared during the period - g) Average maturity - 0.27 yrs h) Average duration - 0.25 yrs SUNDARAM FIXED TERM PLAN - Z 1 Kotak Mahindra Prime Limited ** LAA 100 996.97 16.04% 2 Tata Steel Limited ** AAA 96 959.54 15.43% 3 Fullerton India Credit Company Ltd ** LAA+ 75 746.69 12.01% 4 Deutsche Post Bank Home Finance Ltd ** AAA 50 499.25 8.03% 5 Reliance Capital Ltd ** AAA 50 499.04 8.03% 6 Kesoram Industries Limited ** AA 41 414.80 6.67% 7 Bajaj Auto Finance Ltd ** LAA+ 4 398.44 6.41% 8 Reliance Capital Ltd ** AAA 35 349.34 5.62% Sub Total 4864.06 78.24% 1 YES Bank A1+ 1000 990.08 15.92% 2 Federal Bank P1+ 95 94.77 1.52% Sub total 1084.85 17.45% Net Current Assets 264.32 4.25% Grand Total 6217.23 100.00% at the beginning - 30/09/2010 10.1439 10.3460 at the end - 31/03/2011 10.4470 10.6552 d) declared during the period - h) Average duration - 0.11 yrs SUNDARAM FIXED TERM PLAN - AA 1 Kesoram Industries Limited ** AA 45 455.27 16.87% 2 Reliance Capital Ltd ** AAA 45 449.13 16.64% Sub Total 904.40 33.51% 1 YES Bank A1+ 810 801.97 29.71% 2 UCO Bank P1+ 500 495.08 18.34% 3 Punjab And Sind Bank A1+ 300 297.06 11.01% 4 Tamilnadu Mercantile Bank P1+ 150 148.49 5.50% Sub Total 1742.59 64.56% Reverse Repo / CBLO 15.98 0.59% Net Current Assets 36.08 1.34% Grand Total 2699.06 100.00% at the beginning - 30/09/2010 10.1627 10.3146 at the end - 31/03/2011 10.4004 10.5558 d) declared during the period - g) Average maturity - 0.098 yrs h) Average duration - 0.098 yrs