March 2014

Product Suitability

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.Note: Risk may be represented as:Investors understand that their principal will be at Low risk (Blue)Investors understand that their principal will be at Medium risk (Yellow)Investors understand that their principal will be at High risk (Brown)

#Monthly income is not assured and is subject to availability of distributable surplus. ^The term “Flexible” in the name of the Scheme signifies that the Investment Manager of the Underlying Fund can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants.

Scheme This Scheme is suitable for investors seeking*

Open-ended Income Schemes

DSP BlackRock Bond Fund (DSPBRBF)

• Income over a long-term investment horizon• Investment in money market and debt securities• Low Risk (Blue)

DSP BlackRock Short Term Fund (DSPBRSTF)

• Income over a medium-term investment horizon• Investment in money market and debt securities• Low Risk (Blue)

DSP BlackRock Treasury Bill Fund (DSPBRTBF)

• Income over a short-term investment horizon• Investment in Treasury Bills & other Central government

securities maturing within one year• Low Risk (Blue)

DSP BlackRock Income Opportunities Fund (DSPBRIOF)


DSP BlackRock Strategic Bond Fund (DSPBRSBF)


DSP BlackRock Money Manager Fund (DSPBRMMF)

• Income over a short-term investment horizon• Investment in money market and debt securities• Low Risk (Blue)

DSP BlackRock Banking & PSU Debt Fund (DSPBRBPDF)

• Income over a short-term investment horizon• Investment in money market and debt securities issued by

banks and public sector entities/undertakings• Low Risk (Blue)

DSP BlackRock Government Securities Fund (DSPBRGF)

• Income over a long-term investment horizon• Investment in Central government securities• Low Risk (Blue)

DSP BlackRock MIP Fund# (DSPBRMIPF)

• Income and capital growth over a medium-term investment horizon• Investment primarily in money market and debt securities, with

balance exposure in equity/equity-related securities• Medium Risk (Yellow)

Open-ended Liquid Scheme

DSP BlackRock Liquidity Fund (DSPBRLF)

• Income over a short-term investment horizon• Investment in money market and debt securities, with maturity

not exceeding 91 days• Low Risk (Blue)

Open-ended Growth Schemes

DSP BlackRock Equity Fund (DSPBREF)

• Long-term capital growth• Investment in equity and equity-related securities to form a

diversified portfolio• High Risk (Brown)

DSP BlackRock Focus 25 Fund (DSPBRF25F)

• Long-term capital growth with exposure limited to a maximum of 25 stocks from an investment universe of top 200 companies by market capitalization

• Investment in equity and equity-related securities to form a concentrated portfolio

• High Risk (Brown)

DSP BlackRock Micro Cap Fund (DSPBRMCF)

• Long-term capital growth• Investment in equity and equity-related securities in micro

cap companies (beyond top 300 companies by market capitalization)


DSP BlackRock Opportunities Fund (DSPBROF)

• Long-term capital growth• Investment in equity and equity-related securities to form a


DSP BlackRock Top 100 Equity Fund (DSPBRTEF)

• Long-term capital growth• Investment in equity and equity-related securities of large cap

companies (top 100 companies by market capitalization)• High Risk (Brown)

Scheme This Scheme is suitable for investors seeking*

DSP BlackRock Technology.com Fund (DSPBRTF)

• Long-term capital growth• Investment in equity and equity-related securities of companies in

media, telecom and information technology sectors• High Risk (Brown)

DSP BlackRock Small and Mid Cap Fund (DSPBRSMF)

• Long-term capital growth• Investment in equity and equity-related securities in companies

beyond top 100 companies by market capitalization• High Risk (Brown)

DSP BlackRock India T.I.G.E.R. Fund (The Infrastructure Growth and Economic Reforms Fund) (DSPBRITF)

• Long-term capital growth• Investment in equity and equity-related securities of

corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the Government and/or from continuing investments in infrastructure, both by the public and private sector


DSP BlackRock Natural Resources and New Energy Fund (DSPBRNRNEF)

• Long-term capital growth• Investment in equity and equity-related securities of natural

resources companies in sectors like mining, energy, etc. and companies involved in alternative energy and energy technology and also, investment in units of overseas funds which invest in such companies overseas


Open-ended Balanced Scheme

DSP BlackRock Balanced Fund (DSPBRBalF)

• Capital growth and income over a long-term investment horizon• Investment primarily in equity/equity-related securities, with

balance exposure in money market and debt securities• High Risk (Brown)

Open-ended Equity Linked Savings Scheme

DSP BlackRock Tax Saver Fund (DSPBRTSF)

• Long-term capital growth with a three-year lock-in• Investment in equity and equity-related securities to form a


Open-ended Fund of Funds Schemes

DSP BlackRock World Gold Fund (DSPBRWGF)

• Long-term capital growth• Investment in units of overseas funds which invest primarily in

equity and equity related securities of gold mining companies• High Risk (Brown)

DSP BlackRock World Energy Fund (DSPBRWEF)


equity and equity related securities of companies in the energy and alternative energy sectors


DSP BlackRock World Mining Fund (DSPBRWMF)


equity and equity related securities of mining companies• High Risk (Brown)

DSP BlackRock World Agriculture Fund (DSPBRWAF)

• Long-term capital growth• Investment in units of overseas funds which invest primarily

in equity and equity related securities of companies in the agriculture value chain


DSP BlackRock US Flexible^ Equity Fund (DSPBRUSFEF)

• Long-term capital growth• Investment in units of overseas funds which invest primarily in equity

and equity related securities of companies domiciled in, or exercising the predominant part of their economic activity in the USA


DSP BlackRock Dynamic Asset Allocation Fund (DSPBRDAAF)

• Long-term capital growth• Investments in units of one or more equity mutual funds and

debt mutual funds of DSP BlackRock Mutual Fund• High Risk (Brown)

4

DSP BlackRock Equity Fund

INVESTMENT OBJECTIVEAn Open Ended growth Scheme, seeking to generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India.

REDEMPTION PROCEEDSNormally within 3 Business Days from acceptance of redemption request.

ASSET ALLOCATIONEquity & Equity related securities: 90% to 100% & Debt* & Money market securities: 0% to 10%. * Debt securities/instruments are deemed to include securitised debts

FUND MANAGERApoorva ShahTotal work experience of 26 years. Managing this Scheme since June 2006

PortfolioPortfolio

DEBT INSTRUMENTS 2.20%PowER 2.16%CEMENT 2.01%INDUSTRIal PRoDUCTS 2.00%FERTIlISERS 1.25%SToCk FUTURES 1.18%GaS 0.93%FERRoUS METalS 0.84%MINERalS/MINING 0.73%MEDIa & ENTERTaINMENT 0.03%CaSh & EqUIvalENT 0.44%

BaNkS 23.50%SoFTwaRE 14.49%CoNSTRUCTIoN PRojECT 7.88%TExTIlE PRoDUCTS 5.81%PhaRMaCEUTICalS 5.38%FINaNCE 5.27%aUTo 5.18%PETRolEUM PRoDUCTS 4.97%CoNSUMER NoN DURaBlES 4.27%oIl 3.89%CoNSTRUCTIoN 2.98%PESTICIDES 2.61%

Sectoral Allocation

INCEPTION DATEApril 29, 1997

FEATURES

PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP)•Minimuminvestmentandminimum additional purchase (RP & DP)

5,000/- and 1,000/- thereafter.

•Optionsavailable:(RP&DP)

•Entryload:NotApplicable

•Exitload:Holding Period:< 12 months: 1%>= 12 months: Nil

•Growth•Dividend - Payout Dividend

- Reinvest Dividend

Sr. No.

Name of Instrument Rating/Industry Quantity Market value ( In lakhs)

% to Net Assets

EQUITY & EQUITY RELATEDlisted / awaiting listing on the stock exchanges

1 HDFC Bank Limited Banks 1,690,243 12,656.54 7.08%

2 Bharat Petroleum Corporation Limited Petroleum Products 1,933,500 8,895.07 4.97%

3 ICICI Bank Limited Banks 701,080 8,728.80 4.88%4 Larsen & Toubro Limited Construction Project 642,556 8,172.67 4.57%5 Axis Bank Limited Banks 540,784 7,898.15 4.42%6 INGVysyaBankLimited Banks 1,171,589 7,438.42 4.16%7 HCL Technologies Limited Software 533,387 7,417.81 4.15%8 Arvind Limited Textile Products 4,027,951 7,006.62 3.92%

9 Oil&NaturalGasCorporationLimited Oil 2,184,268 6,961.26 3.89%

10 Tata Consultancy Services Limited Software 295,282 6,298.81 3.52%

11 CMC Limited Software 389,110 5,404.15 3.02%12 State Bank of India Banks 276,322 5,299.03 2.96%13 Bayer Cropscience Limited Pesticides 310,187 4,671.88 2.61%14 IPCA Laboratories Limited Pharmaceuticals 507,736 4,289.61 2.40%15 United Spirits Limited Consumer Non Durables 149,585 3,960.19 2.21%16 Shree Cements Limited Cement 63,443 3,597.82 2.01%17 SKSMicrofinanceLimited Finance 1,757,522 3,585.34 2.00%18 GodrejPropertiesLimited Construction 1,611,721 3,446.67 1.93%19 SRF Limited Textile Products 941,971 3,387.33 1.89%20 Mahindra & Mahindra Limited Auto 298,884 2,931.16 1.64%21 NTPC Limited Power 2,402,348 2,880.42 1.61%22 Persistent Systems Limited Software 250,858 2,632.63 1.47%23 Sadbhav Engineering Limited Construction Project 2,632,722 2,565.59 1.43%24 Max India Limited Finance 1,166,128 2,426.13 1.36%25 GodrejIndustriesLimited Consumer Non Durables 756,301 2,386.89 1.33%26 Maruti Suzuki India Limited Auto 113,579 2,239.49 1.25%27 EID Parry India Limited Fertilisers 1,662,121 2,228.07 1.25%

28 Shriram Transport Finance Company Limited Finance 287,600 2,207.33 1.23%

29 Wipro Limited Software 394,861 2,144.88 1.20%30 VoltasLimited Construction Project 1,197,922 1,927.46 1.08%31 Cummins India Limited Industrial Products 318,564 1,901.19 1.06%

32 Prestige Estates Projects Limited Construction 1,100,315 1,874.39 1.05%

33 Bharat Forge Limited Industrial Products 400,000 1,687.20 0.94%

34 GujaratStatePetronetLimited Gas 2,389,848 1,656.16 0.93%

35 Hero MotoCorp Limited Auto 70,678 1,607.78 0.90%36 Tata Steel Limited Ferrous Metals 381,179 1,501.65 0.84%37 Cipla Limited Pharmaceuticals 374,630 1,434.08 0.80%38 NCC Limited Construction Project 4,036,851 1,433.08 0.80%39 Ashok Leyland Limited Auto 5,832,307 1,379.34 0.77%40 Biocon Limited Pharmaceuticals 322,945 1,370.58 0.77%41 Cadila Healthcare Limited Pharmaceuticals 133,204 1,365.27 0.76%42 Britannia Industries Limited Consumer Non Durables 155,078 1,307.93 0.73%43 Sesa Sterlite Limited Minerals/Mining 693,525 1,307.64 0.73%44 Bajaj Finance Limited Finance 67,663 1,211.84 0.68%

45 Torrent Pharmaceuticals Limited Pharmaceuticals 220,345 1,155.16 0.65%

46 Tata Motors Limited Auto 279,000 1,112.23 0.62%47 Tech Mahindra Limited Software 61,719 1,108.07 0.62%

48 JaiprakashPowerVenturesLimited Power 6,988,112 988.82 0.55%

49 NIIT Limited Software 3,425,497 919.75 0.51%Total 172,008.38 96.15%

Unlisted50 Magnasound (India) Limited Media & Entertainment 25,000 - 0.00%

51 SIP Technologies & Export Limited Software 122,549 - 0.00%

Total - 0.00%

TOTAL AUM AS ON March 31, 20141,788.45 Cr.

Notes: 1. Portfolio Turnover Ratio (Last 12 months): 1.59 2. Total Expense Ratio (F.Y. beginning to date): IP: 1.77% RP: 2.33% DP: 1.78% Since Inception Ratios: 1. Standard Deviation: 23.50% 2. Beta: 0.84 3. R-Squared: 85.98% 4. Sharpe Ratio: 0.51

PREFERENCE SHARESlisted / awaiting listing on the stock exchanges

52 Zee Entertainment Enterprises Limited Media & Entertainment 7,585,038 53.10 0.03%

Total 53.10 0.03%

DERIVATIVES53 ICICI Bank Limited Apr 2014 Stock Futures 168,000 2,108.06 1.18%

Total 2,108.06 1.18%

MONEY MARKET INSTRUMENTSCertificate of Deposit

54 Canara Bank CRISIL A1+ 4,000 3,942.31 2.20%Total 3,942.31 2.20%

CBLO / Reverse Repo Investments 1,173.17 0.66%Total 1,173.17 0.66%

Cash & Cash EquivalentNet Receivables/Payables (439.65) (0.22%)Total (439.65) (0.22%)GRAND TOTAL 178,845.37 100.00%

5

DSP BlackRock Top 100 Equity Fund

Portfolio

INVESTMENT OBJECTIVEAn Open Ended growth Scheme, seeking to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates, by market capitalisation, listed in India.


ASSET ALLOCATIONEquity and Equity related securities - 90% - 100% Debt, Securitised Debt and Money market securities - 0% - 10%

FUND MANAGERApoorva ShahTotal work experience of 26 years. Managing this Scheme since April 2006

Sectoral AllocationBaNkS 26.47%SoFTwaRE 15.72%CoNSTRUCTIoN PRojECT 7.46%oIl 5.62%FINaNCE 5.28%PETRolEUM PRoDUCTS 5.08%aUTo 4.59%PhaRMaCEUTICalS 3.95%CoNSUMER NoN DURaBlES 3.72%SERvICES 2.94%SToCk FUTURES 2.49%GaS 2.14%PowER 2.13%

CEMENT 2.04%TRaNSPoRTaTIoN 1.81%INDUSTRIal CaPITal GooDS 1.76%MEDIa & ENTERTaINMENT 1.40%aUTo aNCIllaRIES 1.08%DEBT INSTRUMENTS 0.88%FERRoUS METalS 0.86%MINERalS/MINING 0.74%INDUSTRIal PRoDUCTS 0.69%TElECoM - SERvICES 0.56%CaSh & EqUIvalENT 0.59%

FEATURES





- Reinvest Dividend



Notes: 1. Portfolio Turnover Ratio (Last 12 months): 2.21 2. Total Expense Ratio (F.Y. beginning to date): IP: 1.73% RP: 2.28% DP: 1.73% Since Inception Ratios: 1. Standard Deviation: 22.26% 2. Beta: 0.84 3. R-Squared: 92.78% 4. Sharpe Ratio: 0.74

Sr. No.


% to Net Assets


1 HDFC Bank Limited Banks 3,007,804 22,522.44 8.07%2 Larsen & Toubro Limited Construction Project 1,638,351 20,838.19 7.46%3 ICICI Bank Limited Banks 1,417,296 17,646.04 6.32%


5 HCL Technologies Limited Software 1,105,454 15,373.55 5.51%6 Axis Bank Limited Banks 1,025,312 14,974.68 5.36%

7 Bharat Petroleum Corporation Limited Petroleum Products 3,081,624 14,177.01 5.08%

8 Oil&NaturalGasCorporation Limited Oil 4,194,595 13,368.17 4.79%

9 Housing Development Finance Corporation Limited Finance 1,431,070 12,649.23 4.53%

10 Wipro Limited Software 2,062,939 11,205.88 4.01%11 State Bank of India Banks 571,059 10,951.20 3.92%12 Aditya Birla Nuvo Limited Services 751,639 8,202.64 2.94%

13 United Spirits Limited Consumer Non Durables 307,725 8,146.87 2.92%

14 Cipla Limited Pharmaceuticals 1,827,144 6,994.31 2.50%15 GAIL(India)Limited Gas 1,591,417 5,984.52 2.14%16 NTPC Limited Power 4,965,596 5,953.75 2.13%17 Shree Cements Limited Cement 100,549 5,702.08 2.04%

18 Mahindra & Mahindra Limited Auto 538,534 5,281.40 1.89%

19 Adani Ports and Special Economic Zone Limited Transportation 2,697,833 5,057.09 1.81%

20 Siemens Limited Industrial Capital Goods 636,509 4,916.08 1.76%

21 IndusInd Bank Limited Banks 947,022 4,752.63 1.70%22 Maruti Suzuki India Limited Auto 210,696 4,154.40 1.49%23 Cadila Healthcare Limited Pharmaceuticals 394,983 4,048.38 1.45%

24 Zee Entertainment Enterprises Limited

Media & Entertainment 1,359,909 3,690.11 1.32%

25 Hero MotoCorp Limited Auto 148,763 3,384.06 1.21%

26 Kotak Mahindra Bank Limited Banks 392,638 3,066.70 1.10%

27 Motherson Sumi Systems Limited Auto Ancillaries 1,178,301 3,011.15 1.08%

28 Tata Steel Limited Ferrous Metals 608,502 2,397.19 0.86%29 Oil India Limited Oil 480,963 2,328.10 0.83%

30 ITC Limited Consumer Non Durables 629,545 2,221.35 0.80%


32 Sesa Sterlite Limited Minerals/Mining 1,102,785 2,079.30 0.74%33 Cummins India Limited Industrial Products 322,166 1,922.69 0.69%34 Tech Mahindra Limited Software 98,528 1,768.92 0.63%35 Bharti Airtel Limited Telecom - Services 493,165 1,567.03 0.56%

Total 267,981.18 95.96%


36 Zee Entertainment Enterprises Limited

Media & Entertainment 33,795,882 236.57 0.08%

Total 236.57 0.08%

DERIVATIVES

INCEPTION DATEMar 10, 2003


37 Tata Motors Limited Apr 2014 Stock Futures 904,000 3,628.66 1.30%

38 ICICI Bank Limited Apr 2014 Stock Futures 264,750 3,322.08 1.19%Total 6,950.74 2.49%MONEY MARKET INSTRUMENTSCertificate of Deposit

39 Canara Bank CRISIL A1+ 2,500 2,463.95 0.88%Total 2,463.95 0.88%


Cash & Cash EquivalentNet Receivables/Payables (3,434.33) (1.21%)Total (3,434.33) (1.21%)GRAND TOTAL 279,220.02 100.00%

6

INVESTMENT OBJECTIVEAn Open Ended growth Scheme, seeking to generate long term capital appreciation and whose secondary objective is income generation and the distribution of dividend from a portfolio constituted of equity and equity related securities concentrating on the investment focus of the Scheme.


ASSET ALLOCATIONEquity & Equity related securities: 80% - 100% Fixed Income securities (Debt* & Money market securities): 0% - 20%. * Debt securities/ instruments are deemed to include securitised debts

FUND MANAGERApoorva ShahTotal work experience of 26 years. Managing this Scheme since July 2012

DSP BlackRock Opportunities Fund

Portfolio

INCEPTION DATEMay 16, 2000

FEATURES


5,000/- and 1,000/-thereafter.




•Growth•Dividend - Payout Dividend - Reinvest Dividend

Sectoral AllocationBaNkS 22.08%SoFTwaRE 15.13%PhaRMaCEUTICalS 8.90%CoNSUMER NoN DURaBlES 8.67%PETRolEUM PRoDUCTS 6.66%aUTo 4.59%FINaNCE 4.57%CoNSTRUCTIoN PRojECT 3.37%oIl 3.36%aUTo aNCIllaRIES 2.68%INDUSTRIal PRoDUCTS 2.48%TElECoM - SERvICES 2.35%PowER 2.05%INDUSTRIal CaPITal GooDS 1.88%

MINERalS/MINING 1.50%TExTIlE PRoDUCTS 1.38%MEDIa & ENTERTaINMENT 1.13%FERRoUS METalS 1.06%TRaNSPoRTaTIoN 0.94%CoNSUMER DURaBlES 0.91%FERTIlISERS 0.88%PESTICIDES 0.57%GaS 0.54%CEMENT 0.53%ChEMICalS 0.51%CoNSTRUCTIoN 0.14%RETaIlING 0.10%CaSh & EqUIvalENT 1.04%

Notes: 1. Portfolio Turnover Ratio : (Last 12 months): 1.18 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.71%. DP: 2.18% Since Inception Ratios: 1. Standard Deviation: 23.75% 2. Beta: 0.91 3. R-Squared: 90.43% 4. Sharpe Ratio: 0.40

Sr. No.


% to Net Assets


1 ICICI Bank Limited Banks 275,687 3,432.44 7.01%2 HDFC Bank Limited Banks 402,816 3,016.29 6.16%3 Infosys Limited Software 82,754 2,716.65 5.55%

4 Bharat Petroleum Corporation Limited Petroleum Products 375,394 1,727.00 3.53%

5 Larsen & Toubro Limited Construction Project 129,825 1,651.24 3.37%


7 Reliance Industries Limited Petroleum Products 164,923 1,535.02 3.13%8 United Spirits Limited Consumer Non Durables 51,437 1,361.77 2.78%9 IPCA Laboratories Limited Pharmaceuticals 161,176 1,361.70 2.78%

10 Oil&NaturalGasCorporationLimited Oil 421,943 1,344.73 2.75%

11 Motherson Sumi Systems Limited Auto Ancillaries 512,696 1,310.19 2.68%

12 ITC Limited Consumer Non Durables 359,561 1,268.71 2.59%

13 Dr. Reddy's Laboratories Limited Pharmaceuticals 47,771 1,224.80 2.50%

14 State Bank of India Banks 63,742 1,222.38 2.50%15 Maruti Suzuki India Limited Auto 61,929 1,221.09 2.49%16 Bharti Airtel Limited Telecom - Services 297,387 944.95 1.93%17 Tata Motors Limited - A Class Auto 433,143 876.68 1.79%18 IndusInd Bank Limited Banks 171,305 859.69 1.76%19 Tech Mahindra Limited Software 47,539 853.49 1.74%20 Max India Limited Finance 365,810 761.07 1.55%21 Sesa Sterlite Limited Minerals/Mining 390,250 735.82 1.50%22 Axis Bank Limited Banks 48,441 707.48 1.44%23 Cadila Healthcare Limited Pharmaceuticals 69,022 707.44 1.44%24 NIIT Technologies Limited Software 171,356 689.79 1.41%25 Lupin Limited Pharmaceuticals 70,826 660.91 1.35%26 Bajaj Corp Limited Consumer Non Durables 288,390 626.38 1.28%

27 Oracle Financial Services Software Limited Software 19,947 615.85 1.26%

28 INGVysyaBankLimited Banks 93,701 594.91 1.21%29 Finolex Industries Limited Industrial Products 306,280 584.99 1.19%30 Bajaj Finance Limited Finance 32,635 584.49 1.19%31 KarurVysyaBankLimited Banks 146,402 549.45 1.12%

32 PowerGridCorporationofIndia Limited Power 517,928 543.82 1.11%

33 Zee Entertainment Enterprises Limited Media & Entertainment 195,361 530.11 1.08%

34 Housing Development Finance Corporation Limited Finance 57,216 505.73 1.03%

35 Arvind Limited Textile Products 285,033 495.81 1.01%36 AIA Engineering Limited IndustrialCapitalGoods 82,459 460.82 0.94%37 CESC Limited Power 91,664 459.47 0.94%38 HCL Technologies Limited Software 32,466 451.50 0.92%39 Bank of Baroda Banks 59,718 430.42 0.88%

40 Chambal Fertilizers & Chemicals Limited Fertilisers 1,073,216 428.75 0.88%

41 Bajaj Electricals Limited Consumer Durables 143,880 418.12 0.85%42 Divi's Laboratories Limited Pharmaceuticals 29,667 405.22 0.83%

43 Mahindra CIE Automotive Limited Industrial Products 534,755 399.73 0.82%

44 Adani Ports and Special Economic Zone Limited Transportation 210,247 394.11 0.80%

45 Manappuram Finance Limited Finance 1,821,108 391.54 0.80%46 United Breweries Limited Consumer Non Durables 45,583 375.60 0.77%47 CromptonGreavesLimited IndustrialCapitalGoods 227,332 364.64 0.74%48 Nestle India Limited Consumer Non Durables 6,295 316.56 0.65%49 Oil India Limited Oil 61,941 299.83 0.61%50 Tata Steel Limited Ferrous Metals 72,900 287.19 0.59%51 CMC Limited Software 20,396 283.27 0.58%52 Bayer Cropscience Limited Pesticides 18,536 279.18 0.57%53 IndraprasthaGasLimited Gas 88,000 263.08 0.54%54 Shree Cements Limited Cement 4,574 259.39 0.53%55 Pidilite Industries Limited Chemicals 81,878 251.41 0.51%56 Britannia Industries Limited Consumer Non Durables 27,707 233.68 0.48%57 Cummins India Limited Industrial Products 38,574 230.21 0.47%58 Jindal Steel & Power Limited Ferrous Metals 78,429 229.37 0.47%

59 Just Dial Limited Software 14,638 226.80 0.46%60 Idea Cellular Limited Telecom - Services 148,692 204.38 0.42%61 Lovable Lingerie Limited Textile Products 53,015 183.38 0.37%62 Mahindra & Mahindra Limited Auto 15,437 151.39 0.31%63 Siemens Limited IndustrialCapitalGoods 12,557 96.98 0.20%

64 TheGreatEasternShippingCompany Limited Transportation 20,724 70.58 0.14%

65 Somany Ceramics Limited Construction 42,000 67.98 0.14%66 Tata Coffee Limited Consumer Non Durables 6,153 58.70 0.12%

67 Future Lifestyle Fashions Limited Retailing 82,543 49.24 0.10%

68 Havells India Limited Consumer Durables 3,048 28.47 0.06%Total 48,445.99 98.91%



Total 26.45 0.05%

CBLO / Reverse Repo Investments 723.84 1.48%Total 723.84 1.48%


TOTAL AUM AS ON March 31, 2014489.72 Cr.

7

DSP BlackRock India T.I.G.E.R. Fund

Portfolio

(The Infrastructure Growth and Economic Reforms Fund)

INVESTMENT OBJECTIVEAn open ended diversified equityScheme, seeking to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of corporates, whichcouldbenefitfromstructuralchanges brought about by continuing liberalization in economic policies by the Government and/orfrom continuing investments in infrastructure, both by the public and private sector.


ASSET ALLOCATIONEquity and Equity related securities - 90% - 100% Debt, Securitised Debt and Money market securities - 0% - 10% ADR,GDRandForeignsecurities- 0% - 25%

FUND MANAGERRohit SinghaniaTotal work experience of 12 years. Managing this Scheme since June 2010

INCEPTION DATEJune 11, 2004

FEATURES



•Optionsavailable:(RP&DP)•Growth•Dividend - Payout Dividend

- Reinvest Dividend



Sr. No.


% to Net Assets


1 ICICI Bank Limited Banks 736,112 9,164.96 8.73%2 Larsen & Toubro Limited Construction Project 681,798 8,671.79 8.26%3 HDFC Bank Limited Banks 850,402 6,367.81 6.06%

4 Housing Development Finance Corporation Limited Finance 491,306 4,342.65 4.14%

5 Reliance Industries Limited Petroleum Products 410,466 3,820.41 3.64%6 State Bank of India Banks 189,424 3,632.58 3.46%7 CESC Limited Power 527,374 2,643.46 2.52%8 GrasimIndustriesLimited Cement 90,282 2,607.39 2.48%9 Max India Limited Finance 1,100,390 2,289.36 2.18%10 INGVysyaBankLimited Banks 360,348 2,287.85 2.18%11 Sesa Sterlite Limited Minerals/Mining 1,210,325 2,282.07 2.17%12 Bank of Baroda Banks 304,593 2,195.35 2.09%13 Ashoka Buildcon Limited Construction Project 2,843,724 2,172.61 2.07%14 KEC International Limited Construction Project 3,181,070 2,148.81 2.05%

15 Oil&NaturalGasCorporationLimited Oil 652,831 2,080.57 1.98%

16 Bosch Limited Auto Ancillaries 18,658 2,032.29 1.94%17 Engineers India Limited Construction Project 835,615 1,885.57 1.80%18 Tata Steel Limited Ferrous Metals 466,780 1,838.88 1.75%19 CromptonGreavesLimited IndustrialCapitalGoods 1,131,896 1,815.56 1.73%

20 Adani Ports and Special Economic Zone Limited Transportation 948,105 1,777.22 1.69%

21 Sadbhav Engineering Limited Construction Project 1,822,176 1,775.71 1.69%22 VoltasLimited Construction Project 1,099,426 1,768.98 1.68%


24 Bharti Airtel Limited Telecom - Services 521,955 1,658.51 1.58%

25 PowerGridCorporationofIndia Limited Power 1,519,050 1,595.00 1.52%

26 Oil India Limited Oil 326,792 1,581.84 1.51%27 NCC Limited Construction Project 4,396,386 1,560.72 1.49%28 Hindustan Zinc Limited Non - Ferrous Metals 1,205,366 1,553.72 1.48%

29 Power Finance Corporation Limited Finance 794,828 1,535.61 1.46%

30 Container Corporation of India Limited Transportation 155,544 1,509.48 1.44%

31 Cummins India Limited Industrial Products 252,392 1,506.28 1.43%32 Bayer Cropscience Limited Pesticides 82,927 1,249.01 1.19%33 NTPC Limited Power 1,016,117 1,218.32 1.16%


35 Bajaj Finance Limited Finance 63,645 1,139.88 1.09%36 Jaiprakash Associates Limited Construction 2,112,285 1,134.30 1.08%37 Bharat Electronics Limited IndustrialCapitalGoods 98,762 1,133.74 1.08%38 IndusInd Bank Limited Banks 216,750 1,087.76 1.04%39 AIA Engineering Limited IndustrialCapitalGoods 188,785 1,055.02 1.00%40 Axis Bank Limited Banks 71,274 1,040.96 0.99%41 GMRInfrastructureLimited Construction Project 4,202,039 918.15 0.87%42 Triveni Turbine Limited IndustrialCapitalGoods 1,233,500 888.74 0.85%43 UltraTech Cement Limited Cement 35,338 772.82 0.74%44 Siemens Limited IndustrialCapitalGoods 97,755 755.01 0.72%45 Muthoot Finance Limited Finance 430,425 740.33 0.71%46 IndraprasthaGasLimited Gas 242,796 725.84 0.69%

47 IL&FS Transportation Networks Limited Transportation 570,042 660.96 0.63%

48 Finolex Cables Limited Industrial Products 560,650 620.64 0.59%49 Blue Dart Express Limited Transportation 16,170 601.65 0.57%50 Indian Bank Banks 504,385 579.29 0.55%

51 Kalpataru Power Transmission Limited Power 604,395 576.59 0.55%

52 Alstom T&D India Limited IndustrialCapitalGoods 225,000 560.36 0.53%

53 Hindustan Petroleum Corporation Limited Petroleum Products 175,808 544.65 0.52%

54 Trent Limited Retailing 47,303 486.39 0.46%55 Solar Industries India Limited Chemicals 51,856 457.78 0.44%56 Jindal Saw Limited Ferrous Metals 282,184 159.58 0.15%

57 IL&FS Transportation Networks Limited - Rights Transportation 153,911 24.55 0.02%

Total 104,122.88 99.18%

BaNkS 25.10%CoNSTRUCTIoN PRojECT 19.91%FINaNCE 10.71%INDUSTRIal CaPITal GooDS 5.91%PETRolEUM PRoDUCTS 5.79%PowER 5.75%TRaNSPoRTaTIoN 4.35%oIl 3.49%CEMENT 3.22%MINERalS/MINING 2.17%INDUSTRIal PRoDUCTS 2.02%

Sectoral AllocationaUTo aNCIllaRIES 1.94%FERRoUS METalS 1.90%TElECoM - SERvICES 1.58%NoN - FERRoUS METalS 1.48%PESTICIDES 1.19%CoNSTRUCTIoN 1.08%GaS 0.69%RETaIlING 0.46%ChEMICalS 0.44%MEDIa & ENTERTaINMENT 0.03%CaSh & EqUIvalENT 0.79%

Notes: 1. Portfolio Turnover Ratio : (Last 12 months): 1.28 2. Total Expense Ratio (F.Y. beginning to date): IP: 1.97% RP: 2.45% DP: 1.97% Since Inception Ratios: 1. Standard Deviation: 24.15% 2. Beta: 0.92 3. R-Squared: 92.16% 4. Sharpe Ratio: 0.34




Total 31.39 0.03%

CBlo / Reverse Repo Investments 1,032.43 0.98%Total 1,032.43 0.98%


8

DSP BlackRock Technology.com Fund

Portfolio

INVESTMENT OBJECTIVEAn Open Ended growth Scheme, seeking to generate long term capital appreciation, and whose secondary objective is income generation and the distribution of dividend from a portfolio constituted of equity and equity related securities concentrating on the investment focus of the Scheme.


ASSET ALLOCATIONEquity & Equity related securities: 80% - 100% Fixed Income securities (Debt* & Money market securities) : 0% - 20%. * Debt securities/instruments are deemed to include securitised debts

FUND MANAGERVinitSambreTotal work experience of 14 years. Managing this Scheme since July 2012

Sectoral Allocation SoFTwaRE 88.97%TElECoM - SERvICES 4.93%

MEDIa & ENTERTaINMENT 3.93%CaSh & EqUIvalENT 2.17%


FEATURES


5,000/- and 1,000/- thereafter

•Optionsavailable(RP&DP)




Notes: 1. Portfolio Turnover Ratio (Last 12 months): 0.47 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.96% DP: 2.42% Since Inception Ratios: 1. Standard Deviation: 28.70% 2. Beta: 0.80 3. R-Squared: 83.00% 4. Sharpe Ratio: 0.07

Sr. No.


% to Net Assets


1 Infosys Limited Software 33,253 1,091.63 24.61%


3 HCL Technologies Limited Software 41,060 571.02 12.87%4 Tech Mahindra Limited Software 19,549 350.97 7.91%5 NIIT Technologies Limited Software 85,437 343.93 7.75%6 Firstsource Solutions Limited Software 937,200 236.64 5.34%7 Bharti Airtel Limited Telecom - Services 68,792 218.59 4.93%

8 Siti Cable Network Limited Media & Entertainment 845,811 174.24 3.93%

9 MphasiS Limited Software 42,273 170.78 3.85%10 KPIT Technologies Limited Software 73,676 118.51 2.67%

Total 4,339.37 97.83%

Unlisted11 City Online Services Limited ISP 200,000 - 0.00%

Total - 0.00%




9

DSP BlackRock Small and Mid Cap Fund

Portfolio

INVESTMENT OBJECTIVEAn Open ended equity growth scheme, primarily seeking to generate long term capital appreciation from a portfolio substantially constituted of equity and equity related securities, which are not part of top 100 stocks by market capitalization. From time to time, the Investment Manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.


ASSET ALLOCATIONEquity and equity related securities which are:1. (A) not part of top 100 stocks by market cap: 65% - 100%, (B) in the top 100 stocks by market cap: 0% - 35%; Of 1(A) & 1(B), investments in ADRs,GDRs&foreignsecurities:0% - 25%; 2. Debt and Money Market Securities: 0% - 10%.

FUND MANAGERApoorva Shah Total work experience of 26 years. Managing this Scheme since March 2008

VinitSambreTotal work experience of 14 years. Managing this Scheme since July 2012

INCEPTION DATENov 16, 2006

FEATURES


5,000/- and 1,000/- thereafter.•Optionsavailable:(RP&DP)


•Entryload:NotApplicable•Exitload:

Holding Period:< 12 months: 1%>= 12 months: Nil

Sectoral Allocation

PhaRMaCEUTICalS 12.10%FINaNCE 10.24%BaNkS 8.91%SoFTwaRE 8.39%TExTIlE PRoDUCTS 8.06%GaS 7.85%CoNSUMER NoN DURaBlES 5.71%CoNSTRUCTIoN PRojECT 5.01%aUTo aNCIllaRIES 3.97%TRaNSPoRTaTIoN 3.85%INDUSTRIal CaPITal GooDS 3.60%PESTICIDES 3.45%

CoNSTRUCTIoN 3.08%FERTIlISERS 2.97%INDUSTRIal PRoDUCTS 2.26%aUTo 2.01%PETRolEUM PRoDUCTS 1.50%TElECoM - SERvICES 1.35%TExTIlES - SyNThETIC 0.96%CoNSUMER DURaBlES 0.95%PowER 0.94%MEDIa & ENTERTaINMENT 0.49%DEBT INSTRUMENTS 0.98%CaSh & EqUIvalENT 1.37%

Notes: 1. Classificationof%ofholdingsbasedonMarketCapitalisation:Large-Cap 9.36%, Mid-Cap 48.33%, Small-Cap 21.87%, Micro-Cap 17.99% 2. Portfolio Turnover Ratio (Last 12 months): 1.07 3. Total Expense Ratio (F.Y. beginning to date): RP: 2.50% DP: 1.92% Since Inception Ratios: 1. Standard Deviation: 20.96% 2. Beta: 0.81 3. R-Squared: 89.56% 4. Sharpe Ratio: 0.12

Sr. No.

Name of Instrument Rating/Industry Quantity Market value ( lakh)

% to Net Assets


1 IPCA Laboratories Limited Pharmaceuticals 770,426 6,508.94 6.45%2 Arvind Limited Textile Products 3,139,501 5,461.16 5.41%3 CMC Limited Software 350,295 4,865.07 4.82%4 INGVysyaBankLimited Banks 731,663 4,645.33 4.61%5 The Federal Bank Limited Banks 4,530,138 4,337.61 4.30%6 IndraprasthaGasLimited Gas 1,372,791 4,103.96 4.07%7 Bayer Cropscience Limited Pesticides 231,377 3,484.88 3.45%8 Britannia Industries Limited Consumer Non Durables 404,961 3,415.44 3.39%9 Unichem Laboratories Limited Pharmaceuticals 1,481,748 3,398.39 3.37%10 Blue Dart Express Limited Transportation 78,531 2,921.98 2.90%11 Persistent Systems Limited Software 262,755 2,757.48 2.73%12 VoltasLimited Construction Project 1,674,515 2,694.29 2.67%13 SRF Limited Textile Products 742,320 2,669.38 2.65%14 Max India Limited Finance 1,158,763 2,410.81 2.39%15 SKSMicrofinanceLimited Finance 1,158,198 2,362.72 2.34%16 GodrejIndustriesLimited Consumer Non Durables 740,919 2,338.34 2.32%17 Biocon Limited Pharmaceuticals 542,726 2,303.33 2.28%

18 GujaratStatePetronetLimited Gas 3,227,187 2,236.44 2.22%

19 EID Parry India Limited Fertilisers 1,641,387 2,200.28 2.18%


21 Siemens Limited IndustrialCapitalGoods 272,391 2,103.81 2.09%22 Sundaram Finance Limited Finance 294,412 1,950.04 1.93%23 MRF Limited Auto Ancillaries 8,660 1,886.91 1.87%24 GodrejPropertiesLimited Construction 800,948 1,712.83 1.70%25 PetronetLNGLimited Gas 1,148,048 1,572.83 1.56%26 Bajaj Finance Limited Finance 85,919 1,538.81 1.53%27 ABB India Limited IndustrialCapitalGoods 178,753 1,526.37 1.51%


29 Sadbhav Engineering Limited Construction Project 1,493,541 1,455.46 1.44%

30 Prestige Estates Projects Limited Construction 815,194 1,388.68 1.38%

31 Tata Communications Limited Telecom - Services 444,418 1,364.81 1.35%32 Bharat Forge Limited Industrial Products 277,968 1,172.47 1.16%

33 Credit Analysis And Research Limited Finance 145,000 1,130.20 1.12%

34 Cummins India Limited Industrial Products 185,952 1,109.76 1.10%35 Eicher Motors Limited Auto 18,185 1,084.10 1.07%

36 Bombay Dyeing & Mfg Company Limited Textiles - Synthetic 1,742,938 964.72 0.96%

37 Bata India Limited Consumer Durables 84,198 960.45 0.95%

38 TheGreatEasternShippingCompany Limited Transportation 281,534 958.76 0.95%

39 JaiprakashPowerVenturesLimited Power 6,712,939 949.88 0.94%

40 Ashok Leyland Limited Auto 4,000,000 946.00 0.94%41 Manappuram Finance Limited Finance 4,384,000 942.56 0.93%42 NCC Limited Construction Project 2,557,203 907.81 0.90%43 NIIT Limited Software 3,141,729 843.55 0.84%44 Zuari Agro Chemicals Limited Fertilisers 621,549 795.58 0.79%45 HT Media Limited Media & Entertainment 534,587 498.77 0.49%

Total 98,512.61 97.65%


46 Canara Bank CRISIL A1+ 1,000 985.58 0.98%Total 985.58 0.98%


Cash & Cash EquivalentNet Receivables/Payables 649.58 0.65%Total 649.58 0.65%GRAND TOTAL 100,874.70 100.00%


10

Portfolio

DSP BlackRock Tax Saver Fund

INVESTMENT OBJECTIVEAn Open ended equity linked savings scheme, whose primary investment objective is to seek to generate medium to long-term capital appreciation from a diversifiedportfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors avail of a deduction from total income, as permitted under the Income Tax Act,1961 from time to time.

REDEMPTION PROCEEDSNormally within 3 Business Days from acceptance of redemption request (subject to completion of the 3 year Lock-in Period).

ASSET ALLOCATIONEquity and equity related securities: 80% to 100%

Of above, investments in ADRs, GDRsandforeignequitysecurities:0% to 20%Debt, securitised debt* and money market securities: 0% to 20%* Exposure to securitised debt will not exceed 10% of the net assets of the Scheme.

FUND MANAGERApoorva Shah Total work experience of 26 years. Managing this Scheme since July 2012

FEATURES

PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP)•RepurchaseofUnitsonlyafter completion of 3 year lock-in period•Minimuminvestmentandminimum additional purchase (RP & DP)

•Entryload:NotApplicable•Exitload:NotApplicable

INCEPTION DATEJan 18, 2007

Sectoral AllocationBaNkS 21.08%SoFTwaRE 13.32%PhaRMaCEUTICalS 9.46%CoNSUMER NoN DURaBlES 8.73%aUTo 5.38%PETRolEUM PRoDUCTS 5.05%CoNSTRUCTIoN PRojECT 4.22%FINaNCE 3.64%oIl 3.58%aUTo aNCIllaRIES 3.16%TElECoM - SERvICES 2.64%CoNSTRUCTIoN 2.22%INDUSTRIal PRoDUCTS 1.97%MINERalS/MINING 1.95%

ChEMICalS 1.87%TExTIlE PRoDUCTS 1.52%CoNSUMER DURaBlES 1.34%FERTIlISERS 1.29%MEDIa & ENTERTaINMENT 1.19%PowER 1.17%INDUSTRIal CaPITal GooDS 0.97%TRaNSPoRTaTIoN 0.77%PESTICIDES 0.58%TExTIlES - CoTToN 0.57%FERRoUS METalS 0.52%CEMENT 0.42%CaSh & EqUIvalENT 1.39%

Note: 1. Portfolio Turnover Ratio (Last 12 months): 1.23 times. 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.64% DP: 2.11% Since Inception Ratios: 1. Standard Deviation: 22.07% 2. Beta: 0.83 3. R-Squared: 92.86% 4. Sharpe Ratio: 0.12

Sr. No.


% to Net Assets


1 ICICI Bank Limited Banks 441,992 5,503.02 7.26%2 HDFC Bank Limited Banks 512,821 3,840.00 5.07%3 Infosys Limited Software 99,604 3,269.80 4.31%


5 Larsen & Toubro Limited Construction Project 191,363 2,433.95 3.21%6 IPCA Laboratories Limited Pharmaceuticals 268,604 2,269.30 2.99%

7 Oil&NaturalGasCorporation Limited Oil 704,718 2,245.94 2.96%

8 Reliance Industries Limited Petroleum Products 228,514 2,126.89 2.81%9 ITC Limited Consumer Non Durables 595,332 2,100.63 2.77%10 United Spirits Limited Consumer Non Durables 75,250 1,992.21 2.63%


12 Maruti Suzuki India Limited Auto 90,027 1,775.11 2.34%

13 Dr. Reddy's Laboratories Limited Pharmaceuticals 68,956 1,767.96 2.33%


15 Tata Motors Limited - A Class Auto 767,531 1,553.48 2.05%16 Sesa Sterlite Limited Minerals/Mining 785,031 1,480.18 1.95%17 State Bank of India Banks 76,774 1,472.29 1.94%18 Kajaria Ceramics Limited Construction 401,159 1,401.05 1.85%19 Bharti Airtel Limited Telecom - Services 438,978 1,394.85 1.84%20 IndusInd Bank Limited Banks 253,319 1,271.28 1.68%21 Tech Mahindra Limited Software 66,125 1,187.18 1.57%22 INGVysyaBankLimited Banks 167,713 1,064.81 1.40%23 Lupin Limited Pharmaceuticals 113,154 1,055.90 1.39%24 Bank of Baroda Banks 144,801 1,043.65 1.38%25 Axis Bank Limited Banks 70,000 1,022.35 1.35%26 CMC Limited Software 69,227 961.46 1.27%27 NIIT Technologies Limited Software 237,737 957.01 1.26%28 Bajaj Finance Limited Finance 48,282 864.73 1.14%29 Bajaj Corp Limited Consumer Non Durables 396,880 862.02 1.14%

30 Procter&GambleHygieneand Health Care Limited Consumer Non Durables 25,922 828.96 1.09%

31 Arvind Limited Textile Products 442,228 769.26 1.01%

32 Jubilant Life Sciences Limited Pharmaceuticals 482,238 766.52 1.01%

33 Atul Limited Chemicals 175,060 759.32 1.00%34 KarurVysyaBankLimited Banks 202,128 758.59 1.00%35 Cummins India Limited Industrial Products 126,977 757.80 1.00%36 Eicher Motors Limited Auto 12,627 752.76 0.99%


38 CRISIL Limited Finance 59,237 728.59 0.96%

39 Chambal Fertilizers & Chemicals Limited Fertilisers 1,807,147 721.96 0.95%

40 Cadila Healthcare Limited Pharmaceuticals 69,702 714.41 0.94%

41 Housing Development Finance Corporation Limited Finance 77,009 680.68 0.90%

42 Supreme Industries Limited Industrial Products 131,398 660.08 0.87%43 HCL Technologies Limited Software 46,993 653.53 0.86%44 Divi's Laboratories Limited Pharmaceuticals 44,459 607.27 0.80%45 Idea Cellular Limited Telecom - Services 439,509 604.11 0.80%46 Blue Dart Express Limited Transportation 15,627 581.45 0.77%47 CESC Limited Power 108,270 542.70 0.72%48 Nestle India Limited Consumer Non Durables 10,592 532.65 0.70%49 CromptonGreavesLimited IndustrialCapitalGoods 315,418 505.93 0.67%50 Max India Limited Finance 234,561 488.00 0.64%51 Just Dial Limited Software 30,999 480.30 0.63%52 Oil India Limited Oil 96,853 468.82 0.62%53 Bayer Cropscience Limited Pesticides 29,316 441.54 0.58%54 VardhmanTextilesLimited Textiles - Cotton 123,000 434.50 0.57%55 PiramalGlassLimited Consumer Durables 381,895 407.48 0.54%56 NCC Limited Construction Project 1,120,717 397.85 0.52%57 Tata Steel Limited Ferrous Metals 100,135 394.48 0.52%58 SRF Limited Textile Products 108,005 388.39 0.51%59 GMRInfrastructureLimited Construction Project 1,696,232 370.63 0.49%

60 NTPC Limited Power 285,553 342.38 0.45%61 Havells India Limited Consumer Durables 35,963 335.86 0.44%62 Pidilite Industries Limited Chemicals 108,882 334.32 0.44%

63 Solar Industries India Limited Chemicals 36,922 325.95 0.43%

64 Shree Cements Limited Cement 5,627 319.10 0.42%

65 Mount Everest Mineral Water Limited Consumer Non Durables 277,045 299.90 0.40%

66 Balkrishna Industries Limited Auto Ancillaries 56,250 268.48 0.35%

67 Zuari Agro Chemicals Limited Fertilisers 204,289 261.49 0.34%

68 Bata India Limited Consumer Durables 21,560 245.93 0.32%69 Alstom T&D India Limited IndustrialCapitalGoods 92,020 229.18 0.30%

70 Amara Raja Batteries Limited Auto Ancillaries 49,903 196.82 0.26%

71 Oberoi Realty Limited Construction 82,893 178.92 0.24%72 Siti Cable Network Limited Media & Entertainment 637,294 131.28 0.17%73 Somany Ceramics Limited Construction 60,581 98.05 0.13%74 Finolex Cables Limited Industrial Products 71,000 78.60 0.10%75 MindTree Limited Software 5,900 77.95 0.10%76 Bajaj Electricals Limited Consumer Durables 9,379 27.26 0.04%

Total 74,752.47 98.56%



Total 36.68 0.05%


Cash & Cash EquivalentNet Receivables/Payables (43.17) 0.01%Total (43.17) 0.01%GRAND TOTAL 75,794.49 100.00%

500/- and 500/- thereafter•Optionsavailable:(RP&DP)•Growth •Dividend - Payout Dividend - Reinvest Dividend


11

DSP BlackRock Micro Cap Fund

Portfolio

INVESTMENT OBJECTIVEAn open ended diversified equitygrowth scheme seeking to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities, which are not part of the top 300 companies by market capitalisation. From time to time, the Investment Manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.

ASSET ALLOCATION1 (a) Equity and equity related securities which are not part of the top 300 stocks by market capitalization: 65% - 100%, 1 (b) Equity and equity related securities which are in the top 300 stocks by market capitalization: 0% - 35%of 1 (a) & (b) above, investments inADRs,GDRsandforeignsecurities: 0% - 25%2. Debt* and Money Market Securities: 0% - 35%*Debt Instruments may include securitised debts up to 10% of the net assets of the Scheme.


FUND MANAGERVinitSambreTotal work experience of 14 years. Managing this Scheme since June 2010.

Jay Kothari (Dedicated fund manager for overseas investment)Total work experience of 11 years. Managing this Scheme since March 2013.

INCEPTION DATEJun 14, 2007

FEATURES


5,000/- and 1,000/- thereafter. •Optionsavailable:(RP&DP)


•Entryload:NotApplicable •Exitload: Holding period <24 months: 1% Holding period >=24 months: Nil

Note: 1. Portfolio Turnover Ratio (Last 12 months): 0.40 times. 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.78% DP: 2.16% 3. Classification of % ofholdings based on Market Capitalisation: Large-Cap 0.00% Mid-Cap 10.73%, Small-Cap 25.15%, Micro-Cap 59.84%. Since Inception Ratios: 1. Standard Deviation: 31.37% 2. Beta: 0.85 3. R-Squared: 91.98% 4. Sharpe Ratio: 0.07

Sr. No.


% to Net Assets


1 Indoco Remedies Limited Pharmaceuticals 2,084,958 2,931.45 7.70%2 Symphony Limited Consumer Durables 296,170 2,177.29 5.72%3 NIIT Technologies Limited Software 423,154 1,703.41 4.47%4 WABCO India Limited Auto Ancillaries 69,618 1,416.00 3.72%

5 Solar Industries India Limited Chemicals 157,996 1,394.79 3.66%

6 Siti Cable Network Limited Media & Entertainment 6,104,155 1,257.46 3.30%7 Bajaj Finance Limited Finance 68,697 1,230.36 3.23%8 Disa India Limited Industrial Products 36,040 1,225.36 3.22%9 Kennametal India Limited IndustrialCapitalGoods 220,879 1,220.36 3.20%10 Tata Coffee Limited Consumer Non Durables 115,620 1,103.07 2.90%11 SRF Limited Textile Products 304,800 1,096.06 2.88%12 Triveni Turbine Limited IndustrialCapitalGoods 1,466,500 1,056.61 2.77%13 PiramalGlassLimited Consumer Durables 930,779 993.14 2.61%14 Bayer Cropscience Limited Pesticides 62,274 937.94 2.46%15 Somany Ceramics Limited Construction 575,497 931.44 2.45%16 TVSMotorCompanyLimited Auto 932,682 905.63 2.38%17 Lovable Lingerie Limited Textile Products 257,724 891.47 2.34%

18 Jubilant Life Sciences Limited Pharmaceuticals 558,875 888.33 2.33%

19 Kalpataru Power Transmission Limited Power 926,471 883.85 2.32%

20 Kewal Kiran Clothing Limited Textile Products 75,801 875.50 2.30%

21 Excel Crop Care Limited Pesticides 165,682 829.16 2.18%22 DCB Bank Limited Banks 1,292,261 791.51 2.08%23 KPIT Technologies Limited Software 492,006 791.39 2.08%

24 Eveready Industries India Limited Consumer Non Durables 1,590,908 730.23 1.92%

25 Manappuram Finance Limited Finance 3,332,145 716.41 1.88%

26 APL Apollo Tubes Limited Ferrous Metals 344,113 673.26 1.77%27 City Union Bank Limited Banks 1,250,000 673.12 1.77%28 INGVysyaBankLimited Banks 104,253 661.90 1.74%29 Strides Arcolab Limited Pharmaceuticals 154,679 598.69 1.57%30 Bajaj Corp Limited Consumer Non Durables 272,000 590.78 1.55%31 Bajaj Electricals Limited Consumer Durables 200,408 582.39 1.53%

32 Repco Home Finance Limited Finance 159,157 531.11 1.39%

33 Atul Limited Chemicals 114,045 494.67 1.30%34 Natco Pharma Limited Pharmaceuticals 60,093 479.87 1.26%35 Ador Welding Limited Industrial Products 306,945 444.30 1.17%

36 Zuari Agro Chemicals Limited Fertilisers 293,496 375.67 0.99%

37 Indian Bank Banks 311,304 357.53 0.94%38 Finolex Cables Limited Industrial Products 264,960 293.31 0.77%

39 Sun Pharma Advanced Research Company Limited Pharmaceuticals 199,712 290.88 0.76%

40 Career Point Limited DiversifiedConsumerServices 270,147 205.58 0.54%

41 Shalimar Paints Limited Consumer Non Durables 255,280 188.01 0.49%42 Tecpro Systems Limited IndustrialCapitalGoods 864,899 92.11 0.24%

Total 36,511.40 95.88%


43 Canara Bank CRISIL A1+ 1,000 985.58 2.59%Total 985.58 2.59%



Sectoral AllocationPhaRMaCEUTICalS 13.62%CoNSUMER DURaBlES 9.86%TExTIlE PRoDUCTS 7.52%CoNSUMER NoN DURaBlES 6.86%SoFTwaRE 6.55%BaNkS 6.53%FINaNCE 6.50%INDUSTRIal CaPITal GooDS 6.21%INDUSTRIal PRoDUCTS 5.16%ChEMICalS 4.96%PESTICIDES 4.64%

aUTo aNCIllaRIES 3.72%MEDIa & ENTERTaINMENT 3.30%DEBT INSTRUMENTS 2.59%CoNSTRUCTIoN 2.45%aUTo 2.38%PowER 2.32%FERRoUS METalS 1.77%FERTIlISERS 0.99%DIvERSIFIED CoNSUMER SERvICES 0.54%CaSh & EqUIvalENT 1.53%


12

DSP BlackRock Focus 25 Fund

Portfolio

INVESTMENT OBJECTIVEThe primary investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities including equity derivatives. The portfolio will largely consist of companies, which are amongst the top 200 companies by market capitalisation. The portfolio will limit exposure to companies beyond the top 200 companies by market capitalization upto 20% of the net asset value. The Scheme will normally hold equity and equity-related securities including equity derivatives, of upto 25 companies. Further, the Scheme will also have at least 95% of the invested amount (excluding investments in debt securities, money market securities and cash and cash equivalents) across the top 25 holdings in the portfolio. The Scheme may also invest in debt and money market securities, for defensive considerations and/or for managing liquidity requirements. There can be no assurance that the investment objective of the Scheme will be realized.

Sectoral Allocation

oIl 3.35%aUTo aNCIllaRIES 3.07%CEMENT 2.87%GaS 2.80%INDUSTRIal PRoDUCTS 2.70%TElECoM - SERvICES 2.35%CaSh & EqUIvalENT 2.17%

BaNkS 26.51%SoFTwaRE 13.76%aUTo 13.62%CoNSTRUCTIoN PRojECT 8.66%PhaRMaCEUTICalS 7.35%CoNSUMER NoN DURaBlES 5.86%PETRolEUM PRoDUCTS 4.93%

ASSET ALLOCATION1(a) Equity and equity related securities, which are amongst the top 200 companies by market capitalization* - 65% - 100%; 1(b) Equity and equity related securities, which are beyond the top 200 companies by market capitalization – 0% - 20%; Of 1(a) and 1(b) above, investments in ADRs,GDRsandforeignsecurities– 0% - 25%; 2. Debt securities, money market securities and cash and cash equivalents – 0% - 35%. *The portfolio will largely consist of companies, which are amongst the top 200 companies by market capitalisation. The portfolio will limit exposure to companies beyond the top 200 companies by market capitalization to 20% of the net asset value. The Scheme will also have at least 95% of the invested amount (excluding investments in debt securities, money market securities and cash and cash equivalents) across the top 25 holdings in the portfolio.


FUND MANAGER Apoorva Shah Total work experience of 26 years. Managing this Scheme since July 2012

Jay Kothari (dedicated fund manager for managing overseas investments) Total work experience of 11 years. Managing this Scheme since March 2013

FEATURES


5,000/- and 1,000/- thereafter.•Optionsavailable(RP&DP)•Growth•Dividend - Payout Dividend - Reinvest Dividend

•Entryload:NotApplicable •Exitload: Holding period <12 months: 1% Holding period >=12 months: Nil


Note: 1. Portfolio Turnover Ratio (Last 12 months): 3.23 times. 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.79% DP: 2.23% Since Inception Ratios: 1. Standard Deviation: 16.05% 2. Beta: 0.89 3. R-Squared: 85.80% 4. Sharpe Ratio: (0.32)

Sr. No.


% to Net Assets


1 HDFC Bank Limited Banks 271,473 2,032.79 8.72%2 Larsen & Toubro Limited Construction Project 158,650 2,017.87 8.66%3 Maruti Suzuki India Limited Auto 94,173 1,856.86 7.97%4 ICICI Bank Limited Banks 129,664 1,614.38 6.93%



7 Wipro Limited Software 198,528 1,078.40 4.63%8 Bank of Baroda Banks 121,315 874.38 3.75%9 Britannia Industries Limited Consumer Non Durables 101,566 856.61 3.68%

10 Oil&NaturalGasCorporationLimited Oil 245,289 781.74 3.35%

11 Hero MotoCorp Limited Auto 32,578 741.08 3.18%12 Balkrishna Industries Limited Auto Ancillaries 150,000 715.95 3.07%13 Cadila Healthcare Limited Pharmaceuticals 69,028 707.50 3.04%14 HCL Technologies Limited Software 49,483 688.16 2.95%15 Shree Cements Limited Cement 11,788 668.49 2.87%16 IPCA Laboratories Limited Pharmaceuticals 78,670 664.64 2.85%17 IndraprasthaGasLimited Gas 218,291 652.58 2.80%18 State Bank of India Banks 32,809 629.18 2.70%19 Finolex Cables Limited Industrial Products 567,981 628.75 2.70%20 Kotak Mahindra Bank Limited Banks 78,298 611.55 2.62%21 Tata Motors Limited Auto 144,487 576.00 2.47%22 Bharti Airtel Limited Telecom - Services 172,653 548.60 2.35%23 United Spirits Limited Consumer Non Durables 19,174 507.62 2.18%24 IndusInd Bank Limited Banks 83,338 418.23 1.79%25 Lupin Limited Pharmaceuticals 36,355 339.25 1.46%

Total 22,799.91 97.83%




13

Portfolio

INVESTMENT OBJECTIVEAn Open ended equity growth Scheme seeking to generate long term capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose pre-dominant economic activity is in the: (a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc; (b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. The Scheme will also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/or the units/shares of BlackRock Global Funds – New EnergyFund, BlackRock Global Funds – WorldEnergy Fund and similar other overseas mutual fund schemes.

ASSET ALLOCATION1. Equity and Equity related Securities of companies domiciled in India, and principally engaged in the discovery, development, production or distribution of Natural Resources and Alternative Energy: 65% - 100%, 2. (a) Equity and Equity related Securities of companies domiciled overseas, and principally engaged in the discovery, development, production or distribution of Natural Resources and Alternative Energy (b) Units/Shares of (i) BGF – New EnergyFund (ii) BGF –World Energy Fund and(iii) Similar other overseas mutual fund schemes: 0% - 35% 3. Debt and Money Market Securities: 0% - 20%

FUND MANAGERRohit SinghaniaTotal work experience of 12 years. Managing this Scheme since July 2012

Jay Kothari (Dedicated fund manager for overseas investment)Total work experience of 11 years. Managing this Scheme since March 2013.


INCEPTION DATEApr 25, 2008

DSP BlackRock Natural Resources and New Energy Fund

FEATURES


5,000/- and 1000/- thereafter

•Entry load: Not Applicable•Exitload:

Holding Period:< 12 months: 1%>= 12 months: Nil

•Optionsavailable:(RP&DP)•Growth•Dividend - Payout Dividend - Reinvest Dividend

Sectoral Allocation

PETRolEUM PRoDUCTS 24.66%oIl 12.03%GaS 10.02%NoN - FERRoUS METalS 9.28%CoNSUMER NoN DURaBlES 7.73%MINERalS/MINING 7.71%TExTIlE PRoDUCTS 7.43%

PESTICIDES 5.43%FoREIGN SECURITy 5.28%FERRoUS METalS 5.21%ChEMICalS 2.60%FERTIlISERS 0.45%CaSh & EqUIvalENT 2.17%

Notes: 1. ^^Fund domiciled in Luxembourg 2. Portfolio Turnover Ratio (Last 12 months): 1.08. 3. Total Expense Ratio (F.Y. beginning to date): RP: 2.86% DP: 2.39% 5. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND Since Inception Ratios: 1. Standard Deviation: 20.13% 2. Beta: 0.66 3. R-Squared: 65.45% 4. Sharpe Ratio: (0.16)

Sr. No.


% to Net Assets


1 Hindustan Zinc Limited Non - Ferrous Metals 359,742 463.71 7.70%

2 Bharat Petroleum Corporation Limited Petroleum Products 99,290 456.78 7.59%

3 SRF Limited Textile Products 124,428 447.44 7.43%

4 GujaratStatePetronetLimited Gas 581,179 402.76 6.69%

5 Reliance Industries Limited Petroleum Products 33,287 309.82 5.14%6 Oil India Limited Oil 61,398 297.20 4.94%

7 Kaveri Seed Company Limited Consumer Non Durables 44,832 286.79 4.76%

8 Oil&NaturalGasCorporation Limited Oil 79,794 254.30 4.22%

9 MangaloreRefineryandPetrochemicals Limited Petroleum Products 497,830 237.46 3.94%

10 Sesa Sterlite Limited Minerals/Mining 117,893 222.29 3.69%11 Bayer Cropscience Limited Pesticides 13,866 208.84 3.47%12 IndraprasthaGasLimited Gas 67,140 200.72 3.33%13 Tata Steel Limited Ferrous Metals 47,708 187.95 3.12%

14 Indian Oil Corporation Limited Petroleum Products 66,325 186.80 3.10%

15 Hindustan Petroleum Corporation Limited Petroleum Products 59,141 183.22 3.04%

16 Balrampur Chini Mills Limited Consumer Non Durables 320,310 178.89 2.97%

17GujaratMineralDevelopment Corporation Limited

Minerals/Mining 135,586 178.84 2.97%

18 Cairn India Limited Oil 51,945 172.98 2.87%19 Phillips Carbon Black Limited Chemicals 276,189 156.32 2.60%20 Jindal Steel & Power Limited Ferrous Metals 42,956 125.62 2.09%21 Rallis India Limited Pesticides 68,315 118.32 1.96%22 Castrol India Limited Petroleum Products 35,876 111.56 1.85%

23 National Aluminium Company Limited Non - Ferrous Metals 239,214 95.09 1.58%

24 NMDC Limited Minerals/Mining 45,475 63.32 1.05%25 EID Parry India Limited Fertilisers 20,036 26.86 0.45%

Total 5,573.88 92.55%

Investment in Foreign Securities

26BlackRockGlobalFunds-World Energy Fund (Class I2 USD Shares)^^

Foreign Security 20,271 317.73 5.28%

Total 317.73 5.28%

CBlo / Reverse Repo Investments 49.95 0.83%Total 49.95 0.83%



14

Notes: 1. ^^Fund domiciled in Luxembourg 2. Total Expense Ratio (F.Y. beginning to date): RP: 1.76% DP: 1.40%

Sr. No.


% to Net Assets


1BlackRockGlobalFunds-WorldGoldFund(ClassI2USDShares)^^

Foreign Security 1,700,877 32,067.14 99.80%

Total 32,067.14 99.80%



Portfolio INVESTMENT OBJECTIVEAn open ended Fund of Funds scheme seeking to generate capital appreciation by investing predominantly in units of BlackRock Global Funds -World Gold Fund (BGF-WGF). The Schememay, atthe discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significantpartofitscorpus.

ASSET ALLOCATION1. Units of BGF – WGF# or other similar overseas mutual fund scheme(s): 90% to 100%;

2. Money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund: 0% to 10%.#In the shares of BGF-WGF,an Undertaking for Collective Investment in Transferable Securities (UCITS) III Fund.

FUND MANAGER Jay Kothari (Dedicated fund manager for overseas investment)Total work experience of 11 years. Managing this scheme since March 2013.

INCEPTION DATESep 14, 2007

DSP BlackRock World Gold Fund


REDEMPTION PROCEEDS Normally within 5 Business Days from acceptance of redemption request

FEATURES

PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP)•Minimuminvestmentandminimumadditionalpurchase(RP&DP)

5,000/- and 1,000/- thereafter.•Optionsavailable:(DP&RP) •Growth •Dividend - Payout Dividend

- Reinvest Dividend

•Entryload:NotApplicable•ExitLoad: Holding Period: < 12 months: 1%

>= 12 months: Nil


Sr. No.


% to Net Assets


1BlackRockGlobalFunds-WorldMining Fund (Class I2 USD Shares)^^

Foreign Security 86,314 2,438.09 98.90%

Total 2,438.09 98.90%



INVESTMENT OBJECTIVEThe primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock GlobalFunds–WorldMiningFund(BGF-WMF).TheSchememay,atthe discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significantpartofitscorpus.TheSchememayalsoinvestacertainportion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. There is no assurance that the investment objective of the Scheme will be realised.


PortfolioFUND MANAGER Jay Kothari (Dedicated fund manager for overseas investment)Total work experience of 11 years. Managing this scheme since March 2013.

ASSET ALLOCATION1. Units of BGF – WMF# or other similar overseas mutual fund scheme(s): 80% to 100%;

2. Money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund: 0% to 20%.

#In the shares of BGF – WMF,an Undertaking for Collective Investment in Transferable Securities (UCITS) III fund.

INCEPTION DATEDec 29, 2009


FEATURES



- Reinvest Dividend


>= 12 months: Nil

DSP BlackRock World Mining Fund

15


Sr. No.


% to Net Assets


1BlackRockGlobalFunds-WorldEnergy Fund (Class I2 USD Shares)^^


2BlackRockGlobalFunds-NewEnergy Fund (Class I2 USD Shares)^^


Total 11,134.34 98.82%



INVESTMENT OBJECTIVEAn open ended Fund of Funds Scheme seeking to generate capital appreciationbyinvestingpredominantlyintheunitsofBlackRockGlobalFunds-WorldEnergyFund(BGF-WEF)andBlackRockGlobalFunds-NewEnergy Fund (BGF-NEF).The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes,whichmay constitute a significant part of itscorpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market illiquid Schemes of DSPBRMF, in order to meet liquidity requirements from time to time.


DSP BlackRock World Energy Fund

Portfolio FUND MANAGER Jay Kothari (Dedicated fund manager for overseas investment)Total work experience of 11 years. Managing this scheme since March 2013.

ASSET ALLOCATION1. Units of BGF – WEF# or other similar overseas mutual fund scheme(s): 50% to 100%

2. Units of BGF – NEF# or other similar overseas mutual fund scheme(s): 0% to 30% 3. Money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund: 0% to 20%#inthesharesofBGF–WEFandBGF– NEF, Undertaking for Collective Investment in Transferable Securities (UCITS) III fund

INCEPTION DATEAug 14, 2009


FEATURES



- Reinvest Dividend


>= 12 months: Nil


Sr. No.


% to Net Assets


1BlackRockGlobalFunds-WorldAgriculture Fund (Class I2 USD Shares)^^


Total 3,697.88 98.65%



INVESTMENT OBJECTIVEThe primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock GlobalFunds–WorldAgricultureFund(BGF–WAF).TheSchememay,at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute asignificantpartofitscorpus.TheSchememayalsoinvestacertainportion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realised. It shall be noted ‘similar overseas mutual fund schemes’ shall have investment objective, investment strategy and risk profile/considerationsimilartothoseofBGF–WAF.


Portfolio FUND MANAGERJay Kothari (Dedicated fund manager for overseas investment)Total work experience of 11 years. Managing this scheme since March 2013.

ASSET ALLOCATION1. UnitsofBGF–WAF# or other similar overseas mutual fund scheme(s): 95% to 100%;

2. Money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund: 0% to 5%; #in the shares of BGF – WAF, anUndertaking for Collective Investment in Transferable Securities (UCITS) III fund.

INCEPTION DATEOct 21, 2011


FEATURES



- Reinvest Dividend


>= 12 months: Nil

DSP BlackRock World Agriculture Fund

16

DSP BlackRock US Flexible* Equity Fund

Sr. No.


% to Net Assets


1BlackRockGlobalFunds-USFlexible Equity Fund (Class I2 USD Shares)^^

Foreign Security 1,343,882 11,856.60 97.45%

Total 11,856.60 97.45%



*Theterm“Flexible”inthenameoftheSchemesignifiesthattheInvestmentManagerof the Underlying Fund can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants.

Notes 1. ^^Fund domiciled in Luxembourg 2. Total Expense Ratio (F.Y. beginning to date): RP: 2.10% DP: 1.50%

Portfolio INVESTMENT OBJECTIVEThe primary investment objective of the Scheme is to seek capital appreciationbyinvestingpredominantlyinunitsofBlackRockGlobalFundsUSFlexibleEquityFund(BGF-USFEF).TheSchememay,atthediscretionof the Investment Manager, also invest in the units of other similar overseas mutualfundschemes,whichmayconstituteasignificantpartofitscorpus.The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. It shall be noted ‘similar overseas mutual fund schemes’ shall have investmentobjective, investmentstrategyandriskprofile/considerationsimilartothoseofBGF–USFEF.Theterm“Flexible”inthenameoftheSchemesignifiesthattheInvestmentManageroftheUnderlyingFundcaninvest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants.

ASSET ALLOCATION1. Units of BGF – USFEF# or other similar overseas mutual fund scheme(s): 95% to 100%

2. Money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund: 0% to 5%

#in the shares of BGF – USFEF,an Undertaking for Collective Investment in Transferable Securities (UCITS) III fund.

FUND MANAGER Jay Kothari (Dedicated fund manager for overseas investment) Total work experience of 11 years. Managing this Scheme since March 2013.

Laukik BagweTotal work experience of 13 years. Managing this Scheme since July 2012.

INCEPTION DATEAugust 03, 2012



FEATURES


5,000/- and 1,000/- thereafter.•Optionsavailable:(RP&DP) •Growth •Dividend - Payout Dividend

- Reinvest Dividend


>= 12 months: Nil

Notes: 1. Total Expense Ratio (F.Y. beginning to date): RP: 2.05% DP: 1.21%

Sr. No.

Name of Instrument Rating/Industry Quantity Market value

( In lakhs)

% to Net Assets

Investment in Mutual Fund

1 DSP BlackRock Strategic Bond Fund Mutual Funds 2,744,865 39,978.95 58.92%

2 DSP BlackRock Short Term Fund Mutual Funds 80,160,659 17,405.76 25.65%3 DSP BlackRock Equity Fund Mutual Funds 6,587,344 3,528.64 5.20%4 DSP BlackRock Top 100 Equity Fund Mutual Funds 16,965,760 3,468.48 5.11%5 DSP BlackRock Money Manager Fund Mutual Funds 17,716 310.00 0.46%

Total 64,691.83 95.34%



INVESTMENT OBJECTIVEThe investment objective of the Scheme is to seek capital appreciation bymanaging the asset allocation between specifiedequity mutual funds schemes and debt mutual funds schemes of DSP BlackRock Mutual Fund.

The Scheme will dynamically manage the asset allocation between the specified equitymutual funds schemes and debtmutual fundsschemes of DSP BlackRock Mutual Fund based on the relative valuation of equity and debt markets. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized.


PortfolioFUND MANAGERApoorva Shah (Equity)Total work experience of 26 years. Managing this Scheme since February 2014

Dhawal Dalal (Debt)Total work experience of 15 years. Managing this Scheme since February 2014

ASSET ALLOCATION1. Units of DSP BlackRock Equity Fund and/or DSP BlackRock Top 100 EquityFundand/orotherspecifiedschemes of DSP BlackRock Mutual Fund: 10% - 90%

2. Units of DSP BlackRock Strategic Bond Fund and/or DSP BlackRock Short Term Fund and/or other specifiedschemesofDSPBlackRockMutual Fund: 10%-90%

3. Money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund: 0%-10%.

INCEPTION DATEFeb 06, 2014


ReferenceYieldGap: 1.436

ReferenceModifiedYieldGap: 1.441

Model recommended asset allocation#: Equity: 10%, Fixed Income: 90%

levels of yield Gap /Modified yield Gap#

FEATURES



- Reinvest Dividend

•Entryload:NotApplicable•ExitLoad: Holding Period: <= 1 year: 1%

> 1 year & <= 2 years: 0.5%> 2 years: Nil

DSP BlackRock Dynamic Asset Allocation Fund

#as on March 31, 2014

17

DSP BlackRock Balanced Fund

Portfolio FUND MANAGERApoorva Shah (Equity)Total work experience of 26 years. Managing this Scheme since June 2006

Dhawal Dalal (Debt)Total work experience of 15 years. Managing this Scheme since November 2012

INVESTMENT OBJECTIVEAn Open Ended balanced Scheme, seeking to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed incomesecurities (debt and money market securities).

REDEMPTION PROCEEDSNormally within 3 Business Days from acceptance of redemption request

ASSET ALLOCATIONEquity & equity related securities : 65% - 75%. Fixed income securities (Debt securities, Securitised debt & Money market securities): 25% - 35%.

FEATURES



Sectoral Allocation

BaNkS 16.95%SoFTwaRE 10.62%aUTo 6.38%PhaRMaCEUTICalS 5.70%CoNSUMER NoN DURaBlES 5.30%TExTIlE PRoDUCTS 4.84%CoNSTRUCTIoN PRojECT 4.58%FINaNCE 3.77%PETRolEUM PRoDUCTS 3.63%PESTICIDES 2.07%CoNSTRUCTIoN 1.98%

CEMENT 1.07%MINERalS/MINING 1.02%PowER 1.01%TElECoM - SERvICES 0.80%FERTIlISERS 0.79%GaS 0.64%INDUSTRIal PRoDUCTS 0.61%MEDIa & ENTERTaINMENT 0.54%DEBT INSTRUMENTS 25.44%CaSh & EqUIvalENT 2.26%

Sr. No.


% to Net Assets


1 HDFC Bank Limited Banks 313,095 2,344.46 5.01%2 Axis Bank Limited Banks 144,748 2,114.04 4.52%3 ICICI Bank Limited Banks 156,217 1,944.98 4.15%


5 HCL Technologies Limited Software 115,048 1,599.97 3.42%6 INGVysyaBankLimited Banks 240,901 1,529.48 3.27%7 ITC Limited Consumer Non Durables 388,746 1,371.69 2.93%8 Arvind Limited Textile Products 747,623 1,300.49 2.78%9 Larsen & Toubro Limited Construction Project 95,716 1,217.41 2.60%10 Cadila Healthcare Limited Pharmaceuticals 117,095 1,200.17 2.56%


12 Bayer Cropscience Limited Pesticides 64,253 967.75 2.07%13 SRF Limited Textile Products 268,180 964.38 2.06%14 United Spirits Limited Consumer Non Durables 31,754 840.67 1.80%15 Mahindra & Mahindra Limited Auto 84,366 827.38 1.77%16 Wipro Limited Software 144,449 784.65 1.68%17 SKSMicrofinanceLimited Finance 370,185 755.18 1.61%18 Maruti Suzuki India Limited Auto 37,676 742.88 1.59%19 IPCA Laboratories Limited Pharmaceuticals 81,598 689.38 1.47%20 Infosys Limited Software 19,621 644.12 1.38%21 Tata Motors Limited Auto 158,000 629.87 1.35%

22 Shriram Transport Finance Company Limited Finance 77,977 598.47 1.28%

23 GodrejPropertiesLimited Construction 246,354 526.83 1.13%24 Shree Cements Limited Cement 8,820 500.18 1.07%25 Sadbhav Engineering Limited Construction Project 506,074 493.17 1.05%26 Sesa Sterlite Limited Minerals/Mining 254,388 479.65 1.02%27 Persistent Systems Limited Software 45,264 475.02 1.01%28 NTPC Limited Power 392,951 471.15 1.01%29 Hero MotoCorp Limited Auto 19,863 451.84 0.97%30 Tech Mahindra Limited Software 25,126 451.10 0.96%31 VoltasLimited Construction Project 271,521 436.88 0.93%

32 Sun Pharmaceuticals Industries Limited Pharmaceuticals 74,511 428.25 0.91%

33 Max India Limited Finance 197,821 411.57 0.88%

34 Prestige Estates Projects Limited Construction 233,375 397.55 0.85%

35 Bharti Airtel Limited Telecom - Services 118,171 375.49 0.80%36 EID Parry India Limited Fertilisers 275,712 369.59 0.79%37 Eicher Motors Limited Auto 5,500 327.88 0.70%38 GujaratStatePetronetLimited Gas 433,327 300.30 0.64%39 Cummins India Limited Industrial Products 47,621 284.20 0.61%40 Britannia Industries Limited Consumer Non Durables 31,620 266.68 0.57%


42 Torrent Pharmaceuticals Limited Pharmaceuticals 41,818 219.23 0.47%

43 Dr. Reddy's Laboratories Limited Pharmaceuticals 5,344 137.01 0.29%

Total 33,825.56 72.27%

Unlisted

44 SIP Technologies & Export Limited Software 52,521 - 0.00%

Total - 0.00%



Total 12.97 0.03%

CENTRAL GOVERNMENT SECURITIES46 08.28%CGL2027 SOV 1,500,000 1,400.24 2.99%47 07.16%CGL2023 SOV 1,500,000 1,316.21 2.81%

Total 2,716.45 5.80%

DEBT INSTRUMENTSBOND & NCD'slisted / awaiting listing on the stock exchanges

48 Small Industries Development Bank of India CRISIL AAA 250 2,504.73 5.35%

49 Power Finance Corporation Limited CRISIL AAA 250 2,450.78 5.24%

50 IDFC Limited ICRA AAA 200 1,820.37 3.89%51 Tata Motors Finance Limited CRISIL AA 150 1,486.91 3.18%

52 Cholamandalam Investment and Finance Company Limited ICRA AA 13 139.42 0.30%

53 IDFC Limited IND AAA 10 100.16 0.21%54 Tata Motors Limited CARE AA+ 10 99.00 0.21%

55 National Bank for Agriculture & Rural Development CRISIL AAA 5 50.12 0.11%

56 Tata Motors Finance Limited CRISIL AA 3 32.31 0.07%

57 Cholamandalam Investment and Finance Company Limited ICRA AA 1 12.08 0.03%

Total 8,695.88 18.59%


58 Bank of Baroda CRISIL A1+ 500 493.37 1.05%Total 493.37 1.05%


Cash & Cash EquivalentNet Receivables/Payables 1,008.08 2.13%Total 1,008.08 2.13%GRAND TOTAL 46,812.21 100.00%

- 5,000/- and 1,000/- thereafter. •Optionsavailable:(RP&DP)•Growth•Dividend - Payout Dividend - Reinvest Dividend




Notes : 1. ModifiedDuration (Debt Securities) 2.52 years2. Average Maturity (Debt Securities) 3.67 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio (F.Y. beginning to date): RP: 2.67% DP: 2.14% 5. Portfolio Turnover Ratio (Last 12 months - Equity Securities): 2.26 times.

18

DSP BlackRock MIP Fund#

Portfolio

INVESTMENT OBJECTIVEAn Open Ended Income Scheme, seeking to generate income, consistent with prudent risk, from a portfolio which is substantially constituted of quality debt securities. The scheme will also seek to generate capital appreciation by investing a smaller portion of its corpus in equity and equity related securities of issuers domiciled in India.

REDEMPTION PROCEEDSNormally within 2 Business Days from acceptance of redemption request

ASSET ALLOCATION*Debt and Money Market Securities 75% - 100% Equity and Equity Related Securities 0% - 25% *Debt securities may include securitised debts upto 50% of the net assets

FUND MANAGERDhawal Dalal (Debt)Total work experience of 15 years. Managing this Scheme since November 2012

VinitSambre(Equity)Total work experience of 14 years. Managing this Scheme since March 2013.

•Optionsavailable:(RP&DP)•Growth•MonthlyDividend - Payout Dividend - Reinvest Dividend•QuarterlyDividend - Payout Dividend - Reinvest Dividend




Sr. No.


% to Net Assets


1 HDFC Bank Limited Banks 122,435 916.79 2.34%2 Maruti Suzuki India Limited Auto 37,202 733.53 1.87%3 ICICI Bank Limited Banks 57,341 713.92 1.82%4 HCL Technologies Limited Software 42,654 593.19 1.51%5 Bharti Airtel Limited Telecom - Services 182,134 578.73 1.48%6 Bajaj Corp Limited Consumer Non Durables 239,000 519.11 1.32%

7 Shriram Transport Finance Company Limited Finance 62,583 480.32 1.22%

8 Max India Limited Finance 224,343 466.75 1.19%9 Cadila Healthcare Limited Pharmaceuticals 43,678 447.68 1.14%10 Sesa Sterlite Limited Minerals/Mining 224,128 422.59 1.08%11 Tata Coffee Limited Consumer Non Durables 38,541 367.70 0.94%12 Bank of India Banks 154,606 353.27 0.90%13 Hero MotoCorp Limited Auto 15,120 343.95 0.88%14 IPCA Laboratories Limited Pharmaceuticals 37,400 315.97 0.81%15 Tech Mahindra Limited Software 17,256 309.81 0.79%16 United Spirits Limited Consumer Non Durables 9,978 264.16 0.67%17 INGVysyaBankLimited Banks 39,675 251.90 0.64%18 Larsen & Toubro Limited Construction Project 19,602 249.32 0.64%

19 Dr. Reddy's Laboratories Limited Pharmaceuticals 9,033 231.60 0.59%

20 UltraTech Cement Limited Cement 10,208 223.24 0.57%21 Divi's Laboratories Limited Pharmaceuticals 15,454 211.09 0.54%22 IndusInd Bank Limited Banks 42,057 211.06 0.54%23 IndraprasthaGasLimited Gas 69,007 206.30 0.53%24 NTPC Limited Power 160,200 192.08 0.49%

Total 9,604.06 24.50%


Total 5,488.93 13.99%


27 GECapitalServicesIndia CRISIL AAA 250 3,042.28 7.76%28 Peninsula Land Limited ICRA A 250 2,506.52 6.39%29 Bajaj Finance Limited ICRA AA+ 250 2,506.41 6.39%

30 Small Industries Development Bank of India CRISIL AAA 250 2,504.73 6.39%

31 L & T Infrastructure Finance Company Limited CARE AA+ 250 2,476.96 6.32%

32 Tata Steel Limited CARE AA+ 250 2,358.32 6.01%


34 National Bank for Agriculture & Rural Development CRISIL AAA 150 1,499.41 3.82%

35 LIC Housing Finance Limited CRISIL AAA 122 1,210.07 3.09%36 LIC Housing Finance Limited CRISIL AAA 100 1,000.98 2.55%37 LIC Housing Finance Limited CRISIL AAA 50 500.04 1.27%

38 Power Finance Corporation Limited CRISIL AAA 50 486.49 1.24%

39 IDFC Limited IND AAA 40 400.64 1.02%40 IDFC Limited ICRA AAA 20 200.49 0.51%41 IDFC Limited ICRA AAA 10 99.92 0.25%42 Export Import Bank of India CRISIL AAA 10 97.63 0.25%

Total 22,691.51 57.85%

FEATURES

PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP)•Minimuminvestmentandminimum additional purchase (RP & DP)- 5,000/- and 1,000/- thereafter.

#Monthly income is not assured and is subject to availability of distributable surplus.


Notes: 1.ModifiedDuration (Debt Securities)2.74years2. Average Maturity (Debt Securities) 3.93 years 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio (F.Y. beginning to date): RP: 2.48% DP: 1.92%





Sectoral Allocation

BaNkS 6.24%PhaRMaCEUTICalS 3.08%CoNSUMER NoN DURaBlES 2.93%aUTo 2.75%FINaNCE 2.41%SoFTwaRE 2.30%TElECoM - SERvICES 1.48%

MINERalS/MINING 1.08%CoNSTRUCTIoN PRojECT 0.64%CEMENT 0.57%GaS 0.53%PowER 0.49%DEBT INSTRUMENTS 73.10%CaSh & EqUIvalENT 2.40%

19

DSP BlackRock Liquidity Fund

Portfolio

INVESTMENT OBJECTIVEAn Open Ended income Scheme, seeking to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities.

REDEMPTION PROCEEDSNormally within 1 Business Day from acceptance of redemption request.

ASSET ALLOCATIONMoney market securities and/or Debt securities* with maturity of 91 days – 80% - 100%;

(*Debt securities may include securitised debts upto 30% of the net assets.)

FUND MANAGERLaukik BagweTotal work experience of 13 years. Managing this Scheme since June 2010.

INCEPTION DATEMar 11, 1998 (Regular Plan)Nov 23, 2005 (Institutional Plan)

FEATURES

PLANS: INSTITUTIONAL PLAN (IP) & DIRECT PLAN (DP)•Minimuminvestmentandminimum additional purchase (IP & DP)


•Optionsavailable:(IP&DP)•Growth•WeeklyDividend - Reinvest Dividend - Payout Dividend •DailyDividendReinvest

•Entryload:NotApplicable•Exitload:Nil

Sr. No.


% to Net Assets

Fixed Deposit1 IndusInd Bank Limited Unrated 2,250,000,000 22,500.00 9.43%2 Corporation Bank Unrated 1,500,000,000 15,000.00 6.29%3 The Ratnakar Bank Limited Unrated 500,000,000 5,000.00 2.10%

Total 42,500.00 17.82%


4 IDBI Bank Limited CRISIL A1+ 20,000 19,718.90 8.26%5 Oriental Bank of Commerce CRISIL A1+ 15,000 14,860.50 6.23%6 State Bank of Mysore ICRA A1+ 15,000 14,809.46 6.21%7 State Bank of Bikaner and Jaipur CRISIL A1+ 12,500 12,329.25 5.17%8 Bank of Baroda ICRA A1+ 10,000 9,935.44 4.16%9 Bank of Baroda ICRA A1+ 10,000 9,921.04 4.16%10 Punjab & Sind Bank ICRA A1+ 10,000 9,912.80 4.15%11 Bank of Baroda ICRA A1+ 10,000 9,905.61 4.15%12 Kotak Mahindra Bank Limited CRISIL A1+ 10,000 9,864.91 4.13%13 Oriental Bank of Commerce CRISIL A1+ 9,500 9,434.79 3.95%14 IDBI Bank Limited CRISIL A1+ 7,500 7,399.97 3.10%15 Punjab & Sind Bank ICRA A1+ 5,000 4,968.82 2.08%16 Corporation Bank CRISIL A1+ 5,000 4,964.56 2.08%17 Allahabad Bank ICRA A1+ 5,000 4,951.30 2.08%18 Oriental Bank of Commerce CRISIL A1+ 4,500 4,450.47 1.87%19 Allahabad Bank ICRA A1+ 2,500 2,482.76 1.04%20 HDFC Bank Limited CARE A1+ 2,500 2,475.06 1.04%21 IDBI Bank Limited CRISIL A1+ 2,500 2,469.19 1.03%22 Union Bank of India CRISIL A1+ 2,500 2,468.89 1.03%23 IDBI Bank Limited CRISIL A1+ 1,000 986.66 0.41%24 Corporation Bank CRISIL A1+ 500 495.97 0.21%

Total 158,806.35 66.54%

Commercial Paper25 Export Import Bank of India CRISIL A1+ 4,000 19,734.26 8.27%

26 Housing Development Finance Corporation Limited ICRA A1+ 3,900 19,287.33 8.08%

27 Housing Development Finance Corporation Limited ICRA A1+ 3,500 17,345.14 7.27%

28 VodafoneIndiaLimited CRISIL A1+ 2,100 10,357.68 4.34%29 India Infoline Finance Limited ICRA A1+ 2,000 9,887.45 4.14%

30 Small Industries Development Bank of India CRISIL A1+ 2,000 9,861.94 4.13%

31 Daimler Financial Services India Private Ltd. IND A1+ 1,400 6,961.02 2.92%

32 L & T Finance Ltd CARE A1+ 500 2,466.69 1.03%Total 95,901.51 40.18%




Notes: 1. ModifiedDuration 0.12 years.2. Average Maturity 0.13 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio (F.Y. beginning to date): IP: 0.19% RP: 0.43% DP: 0.14%

Rating Profile of the Portfolio of the Scheme

A1+ 106.72% CAsh & EquivAlEnt/FDs (6.72%)

20

Sr. No.


% to Net Assets


1 Housing Development Finance Corporation Limited CRISIL AAA 977 9,784.17 5.30%

2 India Infoline Finance Limited ICRA AA- 597,700 6,008.11 3.25%

3 Sundaram BNP Paribas Home Finance Ltd CARE AA+ 500 5,006.27 2.71%

4 Tata Motors Finance Limited CRISIL AA 500 4,999.71 2.71%

5 BMW India Financial Services Private Limited CRISIL AAA 480 4,799.48 2.60%

6 Bajaj Finance Limited ICRA AA+ 47 4,701.39 2.54%7 ONGCVideshLimited CRISIL AAA 260 2,582.07 1.40%

8 Fullerton India Credit Company Ltd ICRA AA+ 250 2,502.18 1.35%


10 Kotak Mahindra Prime Limited CRISIL AA+ 50 500.62 0.27%

11 Shriram Transport Finance Company Limited CARE AA+ 17 205.96 0.11%

12 Small Industries Development Bank of India CRISIL AAA 15 150.12 0.08%

13 IDFC Limited ICRA AAA 2 19.98 0.01%14 HDB Financial Services Limited CARE AAA 2 10.01 0.01%

Total 42,399.99 22.95%

Unlisted15 Murugappa Holdings Limited CRISIL AA 500 4,990.17 2.70%16 Tata Sons Limited CRISIL AAA 250 2,501.40 1.35%

Total 7,491.57 4.05%

Fixed Deposit17 IndusInd Bank Limited Unrated 1,000,000,000 10,000.00 5.41%

Total 10,000.00 5.41%


18 State Bank of Mysore ICRA A1+ 15,000 14,737.14 7.98%19 Corporation Bank CRISIL A1+ 9,500 9,375.71 5.07%20 Canara Bank CRISIL A1+ 5,000 4,925.60 2.67%21 Export Import Bank of India CRISIL A1+ 3,200 3,065.46 1.66%22 State Bank of Bikaner and Jaipur CRISIL A1+ 2,500 2,465.85 1.33%23 Corporation Bank CRISIL A1+ 1,500 1,444.32 0.78%24 IDBI Bank Limited CRISIL A1+ 725 716.07 0.39%25 State Bank of Travancore CRISIL A1+ 700 671.19 0.36%26 State Bank of Patiala ICRA A1+ 500 481.49 0.26%27 Punjab & Sind Bank CRISIL A1+ 350 335.46 0.18%28 INGVysyaBankLimited CRISIL A1+ 200 195.91 0.11%29 State Bank of Mysore CRISIL A1+ 200 191.78 0.10%30 INGVysyaBankLimited CRISIL A1+ 100 95.65 0.05%

Total 38,701.63 20.94%

Commercial Paper

31 RuralElectrificationCorporationLimited CARE A1+ 4,230 20,524.38 11.11%

32 Power Finance Corporation Limited CRISIL A1+ 2,500 12,180.10 6.59%

33 Export Import Bank of India CRISIL A1+ 2,000 9,817.89 5.31%

34 Small Industries Development Bank of India CARE A1+ 2,000 9,811.83 5.31%

35 JM Financial Products Limited CRISIL A1+ 1,500 7,218.88 3.91%

36 RuralElectrificationCorporationLimited CARE A1+ 1,500 7,179.30 3.89%

37 IL&FS Financial Services Limited CARE A1+ 1,000 4,805.50 2.60%38 VodafoneIndiaLimited CRISIL A1+ 1,000 4,600.24 2.49%

39 Indostar Capital Finance Private Limited CARE A1+ 500 2,464.04 1.33%

40 VolkswagenFinancePrivateLimited IND A1+ 100 489.28 0.26%

Total 79,091.44 42.80%



DSP BlackRock Money Manager Fund

Portfolio

INVESTMENT OBJECTIVEAn Open ended income Scheme, seeking to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities.


ASSET ALLOCATIONMoney market securities and/or debt securities* which have residual or average maturity of less than or equal to 367 days or have put options within a period not exceeding 367 days. : 65% - 100% Debt securities* which have residual or average maturity of more than 367 days : 0% - 50% *Debt securities may include securitised debts upto 75% of the net assets

FUND MANAGERLaukik BagweTotal work experience of 13 years. Managing this Scheme since March 2013

INCEPTION DATEJul 31, 2006 (Regular Plan)Jul 31, 2006 (Institutional Plan)

FEATURES



•Options/SubOptions available: (RP & DP)

•Growth•Dividend - Reinvest Dividend - Payout Dividend•WeeklyDividend - Reinvest Dividend - Payout Dividend •MonthlyDividend - Reinvest Dividend - Payout Dividend•DailyDividendReinvest

•Entryload:NotApplicable•Exitload:Nil


Notes: 1.Modifiedduration0.31years.2. Average Maturity 0.34 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio (F.Y. beginning to date): IP: 0.45% RP: 0.90% DP: 0.39%

A1+ 63.74%AAA 11.36%AA+ 6.98%


AA 5.41%AA- 3.25%CAsh & EquivAlEnt/FDs 9.26%

21

DSP BlackRock Income Opportunities Fund

INVESTMENT OBJECTIVEAn Open Ended Income Scheme, seeking to generate interest income through investments in acceptable floating rate assets commensuratewith the credit risk. The Scheme may also invest in fixed rate debtsecurities.


ASSET ALLOCATIONFloating rate debt securities* or money market securities: 65% to 100%; Fixed rate debt securities: 0% to 35% (*Debt securities may include securitized debts upto 60% of the net assets).

FUND MANAGERDhawal DalalTotal work experience of 15 years. Managing this Scheme since May 2003

INCEPTION DATEMay 13, 2003 (Regular Plan)Oct 18, 2005 (Institutional Plan)

Portfolio

FEATURES



•Optionsavailable:(RP&DP)•Growth•Dividend - Reinvest Dividend - Payout Dividend•DailyDividendReinvest•WeeklyDividend - Reinvest Dividend - Payout Dividend •MonthlyDividend - Reinvest Dividend - Payout Dividend•QuaterlyDividend - Reinvest Dividend - Payout Dividend

Sr. No.


% to Net Assets


1 Peninsula Land Limited ICRA A 500 5,038.44 4.59%2 Peninsula Land Limited ICRA A 500 5,013.04 4.56%

3 Fullerton India Credit Company Ltd ICRA AA+ 900 4,542.05 4.13%

4 Food Corporation of India Limited CRISIL AAA 250 2,538.21 2.31%

5 Shriram Transport Finance Company Limited CRISIL AA 250 2,520.40 2.29%


7 Sesa Sterlite Limited CRISIL AA+ 250 2,442.44 2.22%8 Sesa Sterlite Limited CRISIL AA+ 250 2,441.21 2.22%

9 Reliance Utilities and Power Pvt. Ltd CRISIL AAA 200 1,841.27 1.68%

10 RuralElectrificationCorporationLimited CRISIL AAA 150 1,489.32 1.36%

11 LIC Housing Finance Limited CRISIL AAA 100 1,019.31 0.93%


13 Shriram Transport Finance Company Limited CARE AA+ 60 558.62 0.51%


15 Tata Motors Finance Limited CRISIL AA 5 50.18 0.05%Total 33,283.94 30.30%

Unlisted

16 Samvardhana Motherson International Limited BWR A 100 10,026.31 9.13%

17 Coffee Day Resorts Private Limited BWR A+ 650 6,925.02 6.30%Total 16,951.33 15.43%


18 State Bank of Mysore ICRA A1+ 10,000 9,907.44 9.02%19 Canara Bank CRISIL A1+ 10,000 9,235.55 8.41%20 IDBI Bank Limited CRISIL A1+ 7,500 7,395.02 6.73%21 Indian Bank IND A1+ 5,000 4,911.55 4.47%22 Corporation Bank CRISIL A1+ 5,000 4,701.90 4.28%23 State Bank of Patiala ICRA A1+ 5,000 4,676.33 4.26%24 State Bank of Bikaner and Jaipur CRISIL A1+ 2,500 2,465.85 2.24%25 ICICI Bank Limited ICRA A1+ 2,500 2,308.80 2.10%26 Indian Bank IND A1+ 2,300 2,154.31 1.96%27 Bank of Baroda CRISIL A1+ 1,200 1,184.09 1.08%

Total 48,940.84 44.55%

Commercial Paper28 JM Financial Products Limited CRISIL A1+ 1,500 6,847.53 6.23%

Total 6,847.53 6.23%



•Entryload:NotApplicable•Exitload: Holding period <= 12 months: 1.0% >12 months: Nil


Notes: 1.Modifiedduration1.19 years.2. Average Maturity 1.49 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND, & BWR. 4. Total Expense Ratio (F.Y. beginning to date): IP: 1.07% RP: 1.63% DP: 1.15%


A1+ 50.78%AAA 9.73%AA+ 9.08%AA 2.34%

A+ 6.30%A 18.28%CAsh & EquivAlEnt 3.49%

22

Portfolio

REDEMPTION PROCEEDSNormally within 1 Business Day from acceptance of redemption request.

FUND MANAGERDhawal DalalTotal work experience of 15 years. Managing this Scheme since September 2007

ASSET ALLOCATION50% - 100%.: Money Market Securities, Floating rate debt securities** whose coupon(s) are reset at least once a year, *fixedrate debt securities** having an average or residual maturity of less than or equal to 367 days or having put options within a period not exceeding 367 days. 0% - 50%: Fixed rate debt securities** having residual or average maturity ofmorethan367daysandfloatingrate debt security where the next reset date is more than 367 days from the date of purchase. *Floating rate debt securities will include fixed rate debtsecurities swapped for floatingrate returns by using derivatives **Debt securities may include securitised debts up to 60% of the net assets

INVESTMENT OBJECTIVEAn Open Ended income Scheme, seeking to generate income commensurate with prudent risk, from a portfolio constituted of money market securities,floatingratedebtsecuritiesand debt securities.


•Entryload:NotApplicable•Exitload:•HoldingPeriod: <=6 months: 0.5% >6 months: Nil

•Optionsavailable:(RP&DP)•Growth•WeeklyDividendReinvest•MonthlyDividend - Payout Dividend - Reinvest Dividend•DividendReinvest - Reinvest Dividend

- Payout Dividend


DSP BlackRock Short Term Fund

Sr. No.


% to Net Assets


1 JM Financial Products Limited CRISIL AA- 500 5,028.50 5.66%2 Tube Investments of India Limited CRISIL AA 500 5,012.91 5.64%3 Power Finance Corporation Limited CRISIL AAA 500 5,005.00 5.64%4 Tata Motors Limited CARE AA+ 500 4,912.18 5.53%5 Steel Authority of India Limited CARE AAA 500 4,894.28 5.51%6 Tata Motors Limited CARE AA+ 500 4,889.35 5.51%7 Export Import Bank of India CRISIL AAA 400 3,969.54 4.47%


9 HDB Financial Services Limited CARE AAA 260 2,610.17 2.94%

10 Shriram Transport Finance Company Limited CRISIL AA 250,000 2,536.90 2.86%

11 RuralElectrificationCorporationLimited CRISIL AAA 250 2,507.98 2.82%

12 Sesa Sterlite Limited CRISIL AA+ 250 2,441.21 2.75%

13 Tata Capital Financial Services Limited CARE AA+ 200 1,865.69 2.10%

14 Kotak Mahindra Prime Limited CRISIL AA+ 200 1,864.33 2.10%15 Tata Motors Finance Limited CRISIL AA 180 1,676.77 1.89%

16 Shriram Transport Finance Company Limited CRISIL AA 150,000 1,526.48 1.72%

17 Reliance Utilities and Power Pvt. Ltd CARE AAA 150 1,498.24 1.69%

18 HDB Financial Services Limited CARE AAA 296 1,482.10 1.67%19 IDFC Limited ICRA AAA 150 1,365.28 1.54%20 Fullerton India Credit Company Ltd ICRA AA+ 120 1,208.45 1.36%

21 PowerGridCorporationofIndiaLimited CRISIL AAA 80 1,005.43 1.13%

22 National Bank for Agriculture & Rural Development CRISIL AAA 100 993.73 1.12%

23 Small Industries Development Bank of India CARE AAA 50 502.12 0.57%

24 RuralElectrificationCorporationLimited CRISIL AAA 50 493.97 0.56%

25 EID Parry India Limited CRISIL AA- 30 294.70 0.33%26 IDFC Limited ICRA AAA 27 268.28 0.30%

27 Housing Development Finance Corporation Limited CRISIL AAA 25 250.54 0.28%



Total 64,221.21 72.33%

Securitised Debt Instruments

30 Royal Trust PTC Series A2 - May2004 - (Citibank N.A.) CRISIL AAA 24 174.68 0.20%

Total 174.68 0.20%


31 Indian Overseas Bank ICRA A1+ 6,000 5,521.12 6.22%32 State Bank of Patiala ICRA A1+ 5,000 4,676.33 5.27%33 Axis Bank Limited CRISIL A1+ 4,500 4,156.28 4.68%34 IDBI Bank Limited CRISIL A1+ 2,500 2,465.01 2.78%35 Canara Bank CRISIL A1+ 1,800 1,657.44 1.87%36 Kotak Mahindra Bank Limited CRISIL A1+ 600 597.78 0.67%37 Yes Bank Limited ICRA A1+ 600 597.77 0.67%38 The Federal Bank Limited CRISIL A1+ 600 597.77 0.67%39 Bank of Baroda CRISIL A1+ 500 493.37 0.56%40 INGVysyaBankLimited CRISIL A1+ 200 199.26 0.22%

Total 20,962.13 23.61%

FEATURES



Notes: 1.ModifiedDuration1.34years.2. Average Maturity 1.62 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio (F.Y. beginning to date): RP: 1.05%. DP: 0.59%


A1+ 23.61%AAA 35.08%AA+ 19.35%

AA 12.11%AA- 5.99%CAsh & EquivAlEnt 3.86%



23

INVESTMENT OBJECTIVEAn Open ended income Scheme, seeking to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities.


ASSET ALLOCATIONMoney market securities and/or debt securities* which have residual or average maturity of less than or equal to 367 days or have put options within a period not exceeding 367 days. : 0% - 100% Debt securities* which have residual or average maturity of more than 367 days : 0% - 100% *Debt securities may include securitised debts upto 75% of the net assets

FUND MANAGERDhawal DalalTotal work experience of 15 years. Managing this Scheme since May 2007

INCEPTION DATEMay 9, 2007 (Regular Plan)May 9, 2007 (Institutional Plan)

DSP BlackRock Strategic Bond Fund

FEATURES

PLANS: INSTITUTIONAL PLAN (IP) & DIRECT PLAN (DP)•Minimuminvestmentandminimumadditional purchase (IP & DP)

5,000/- and 1,000/- thereafter

•Optionsavailable:(IP&DP)•Growth•WeeklyDividend - Payout Dividend - Reinvest Dividend•DailyDividendReinvest•MonthlyDividend - Payout Dividend - Reinvest Dividend•Dividend - Payout Dividend - Reinvest Dividend

•Entryload:NotApplicable•Exitload: Holding Period: <=7 calendar days: 0.1% >7 calendar days: Nil

Portfolio

A1+ 18.69%AAA 38.05%AA+ 6.06%AA 12.70%


A+ 0.02%sOv 21.60%CAsh & EquivAlEnt 2.88%

Sr. No.


% to Net Assets

CENTRAL GOVERNMENT SECURITIES1 07.16%CGL2023 SOV 20,000,000 17,549.46 8.63%2 08.28%CGL2027 SOV 15,500,000 14,469.19 7.11%3 08.12%CGL2020 SOV 12,500,000 11,928.56 5.86%

Total 43,947.21 21.60%


4 LIC Housing Finance Limited CRISIL AAA 2,000 20,061.64 9.86%

5 RelianceGasTransportationInfrastructure Ltd. CRISIL AAA 1,600 16,037.30 7.88%

6 Ranbaxy Laboratories Limited CARE AA 1,000 9,871.32 4.85%7 Power Finance Corporation Limited CRISIL AAA 750 7,528.35 3.70%

8 Reliance Utilities and Power Pvt. Ltd CRISIL AAA 750 6,904.77 3.39%

9 Food Corporation of India Limited CRISIL AAA 500 5,076.42 2.50%

10 Small Industries Development Bank of India CARE AAA 500 5,021.20 2.47%

11 LIC Housing Finance Limited CRISIL AAA 500 5,013.27 2.46%12 Reliance Ports & Terminals Ltd. CRISIL AAA 450 4,595.85 2.26%

13 Pantaloons Fashion & Retail Limited ICRA AA 360 3,537.36 1.74%

14 Tata Motors Limited CARE AA+ 325 3,192.92 1.57%

15 Cholamandalam Investment and Finance Company Limited ICRA AA 300 2,996.53 1.47%

16 Hero Fincorp Limited CRISIL AA+ 250 2,509.58 1.23%17 L & T Finance Ltd CARE AA+ 250 2,501.92 1.23%


19 IDFC Limited ICRA AAA 250 2,476.63 1.22%


21 IDFC Limited ICRA AAA 160 1,601.30 0.79%

22 Shriram Transport Finance Company Limited CARE AA+ 155 1,548.52 0.76%

23 Fullerton India Credit Company Ltd ICRA AA+ 100 1,007.04 0.49%24 LIC Housing Finance Limited CRISIL AAA 100 1,000.08 0.49%25 Fullerton India Credit Company Ltd ICRA AA+ 55 549.97 0.27%26 LIC Housing Finance Limited CRISIL AAA 50 500.55 0.25%27 LIC Housing Finance Limited CRISIL AAA 50 500.49 0.25%



30 Power Finance Corporation Limited CRISIL AAA 10 100.03 0.05%31 IDFC Limited ICRA AAA 5 50.12 0.02%32 Power Finance Corporation Limited CRISIL AAA 5 50.02 0.02%33 Tata Motors Limited CARE AA+ 5 49.50 0.02%34 Ashok Leyland Limited ICRA A+ 5 49.19 0.02%35 IDFC Limited ICRA AAA 5 49.15 0.02%36 HDB Financial Services Limited CARE AAA 2 10.01 0.00%

Total 110,203.80 54.14%

Unlisted37 Murugappa Holdings Limited CRISIL AA 450 4,477.58 2.20%38 Lafarge India Pvt. Ltd. IND AA+ 100 988.26 0.49%

Total 5,465.84 2.69%


39 IDBI Bank Limited CRISIL A1+ 9,000 8,879.92 4.36%40 State Bank of Bikaner and Jaipur CRISIL A1+ 7,500 7,397.55 3.64%41 Canara Bank CRISIL A1+ 5,000 4,620.96 2.27%42 ICICI Bank Limited ICRA A1+ 5,000 4,618.66 2.27%


Notes: 1. Modified duration 2.82 years.2. Average Maturity 4.17 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio (F.Y. beginning to date): IP: 1.02% RP: 1.11% DP: 0.68%

43 Oriental Bank of Commerce CRISIL A1+ 5,000 4,618.26 2.27%44 Oriental Bank of Commerce CRISIL A1+ 4,300 3,949.82 1.94%45 Canara Bank CRISIL A1+ 2,500 2,463.95 1.21%46 Bank of Baroda ICRA A1+ 600 557.21 0.27%47 Bank of Baroda CRISIL A1+ 300 296.02 0.15%48 Corporation Bank CRISIL A1+ 100 98.03 0.05%49 Kotak Mahindra Bank Limited CRISIL A1+ 50 49.81 0.02%

Total 37,550.19 18.45%

Commercial Paper

50 Housing Development Finance Corporation Limited ICRA A1+ 100 491.64 0.24%

Total 491.64 0.24%



24

DSP BlackRock Bond Fund

Portfolio


ASSET ALLOCATION*Debt & Money market securities : Entire 100%. * Debt securities may include securitised debts up to 50% of the net assets

FUND MANAGERDhawal DalalTotal work experience of 15 years. Managing this Scheme since April 1997

INVESTMENT OBJECTIVEAn Open Ended income Scheme, seeking to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of high quality debt securities, predominantly of issuers domiciled in India. As a secondary objective, the Scheme will seek capital appreciation.


• Options available: (RP & DP)• Growth• Monthly Dividend - Payout Dividend

- Reinvest Dividend• Dividend - Payout Dividend

- Reinvest Dividend

• Entry load: Not Applicable• Exit Load: Holding Period: <=12 months: 1% >12 months: Nil

INCEPTION DATEApr 29, 1997

Sr. No.

Name of Instrument Rating/Industry

Quantity Market value ( In lakhs)

% to Net Assets

CENTRAL GOVERNMENT SECURITIES1 08.28% CGL 2027 SOV 4,000,000 3,733.98 13.27%2 08.12% CGL 2020 SOV 3,500,000 3,340.00 11.87%3 07.16% CGL 2023 SOV 2,000,000 1,754.95 6.24%

Total 8,828.93 31.38%

DEBT INSTRUMENTSBOND & NCD'sListed / awaiting listing on the stock exchanges

4 Rural Electrification Corporation Limited CRISIL AAA 300 3,009.57 10.70%

5 Food Corporation of India Limited CRISIL AAA 250 2,538.21 9.02%6 Peninsula Land Limited ICRA A 250 2,506.52 8.91%

7 Reliance Gas Transportation Infrastructure Ltd. CRISIL AAA 200 2,004.66 7.13%

8 Export Import Bank of India CRISIL AAA 200 1,984.77 7.06%

9 Shriram Transport Finance Company Limited CARE AA+ 150 1,498.57 5.33%

10 Export Import Bank of India CRISIL AAA 100 990.63 3.52%

11 Power Grid Corporation of India Limited CRISIL AAA 40 498.89 1.77%

12 Reliance Utilities and Power Pvt. Ltd CRISIL AAA 50 460.32 1.64%Total 15,492.14 55.08%

Securitised Debt Instruments13 India MBS PTC Series 1D (LIC HF) CRISIL AAA 7 28.09 0.10%

Total 28.09 0.10%



Commercial Paper15 JM Financial Products Limited CRISIL A1+ 500 2,282.51 8.11%

Total 2,282.51 8.11%



A1+ 9.86% AAA 40.94%AA+ 5.33%


A 8.91% SOV 31.38%CASh & EquiVAlEnt 3.58%

FEATURES

PLANS: REGULAR PLAN (RP) & DIRECT PLAN (DP)• Minimum investment and minimum additional purchase (RP & DP)

Notes: 1. Modified Duration 3.88 years. 2. Average Maturity 5.77 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio (F.Y. beginning to date): RP: 2.08% DP: 1.40%


25

DSP BlackRock Government Securities Fund

Portfolio FUND MANAGER Dhawal DalalTotal work experience of 15 years. Managing this Scheme since May 2003

ASSET ALLOCATIONCentralGovernmentSecurities,repos / reverse repos in Central GovernmentSecuritiesasmaybepermitted by Reserve Bank of India : 80% - 100% Call money market or alternative investment for call money market as may be provided by the Reserve Bank of India : 0% - 20%

INVESTMENT OBJECTIVEAn Open Ended income Scheme, seeking to generate income through investment in Central GovernmentSecurities of various maturities.




Sr. No.


% to Net Assets


Total 21,305.10 92.38%



sOv 92.38%


CAsh & EquivAlEnt 7.62%

Notes: 1. ModifiedDuration5.31years.2. Average Maturity 8.14 years. 3. Total Expense Ratio: (F.Y. beginning to date) RP: 1.29% DP: 1.06%


FEATURES



•Optionsavailable:(DP&RP) •Entryload:NotApplicable•ExitLoad: Holding Period: <=7 calendar days: 0.10% >7 calendar days: Nil


- Reinvest Dividend•MonthlyDividend - Payout Dividend - Reinvest Dividend

FEATURES



•Optionsavailable:(RP&DP) •Entryload:NotApplicable•ExitLoad:Nil•Growth

•Dividend - Payout Dividend

- Reinvest Dividend•MonthlyDividend - Payout Dividend - Reinvest Dividend•DailyDividendReinvest

DSP BlackRock Treasury Bill Fund

ASSET ALLOCATION Treasury Bills issued by the GovernmentofIndia,Repo,Reverse Repo, CBLO, and any other money market instrument permitted by the RBI for deploying surplus liquidity: 0% - 100%

FUND MANAGER Dhawal Dalal &VivekVed:Totalworkexperienceof 15 years. Managing this Scheme since March 2011

INVESTMENT OBJECTIVEAn Open ended income Scheme, seeking to generate income through investment in Treasury Bills and otherCentralGovernmentSecuritieshaving maturities of less than or equal to 1 year.


Portfolio

Notes: 1. ModifiedDuration0.47years.2. Average Maturity 0.51 years. 3. Total Expense Ratio: (F.Y. beginning to date) RP: 0.59% DP: 0.34%

Sr. No.


% to Net Assets

MONEY MARKET INSTRUMENTSTreasury Bill

1 364 DAY T-BILL 2014 SOV 12,500,000 12,055.41 35.98%2 364 DAY T-BILL 2014 SOV 10,000,000 9,613.03 28.69%3 364 DAY T-BILL 2014 SOV 6,500,000 6,128.79 18.29%4 364 DAY T-BILL 2015 SOV 3,000,000 2,767.90 8.26%5 182 DAY T-BILL 2014 SOV 1,500,000 1,477.80 4.41%6 91 DAY T-BILL 2014 SOV 924,000 907.40 2.71%

Total 32,950.33 98.34%



sOv 98.34%


CAsh & EquivAlEnt 1.66%


26

DSP BlackRock Banking & PSU Debt Fund

Portfolio

ASSET ALLOCATION Money market and debt securities issued by banks and public sector entities/undertakings 80% - 100%;Other debt and money market securities 0% - 20%

FUND MANAGER Dhawal Dalal Total work experience of 15 years. Managing this Scheme since September 2013

INVESTMENT OBJECTIVEThe investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings. There is no assurance that the investment objective of the Scheme will be realized.



•Entryload:NotApplicable•ExitLoad:Holdingperiod <= 1 month: 0.25%; > 1 months: Nil

•Growth•DailyDividend - Reinvest Dividend •WeeklyDividend - Payout Dividend - Reinvest Dividend •MonthlyDividend - Payout Dividend - Reinvest Dividend •QuarterlyDividend - Payout Dividend - Reinvest Dividend •Dividend - Payout Dividend - Reinvest Dividend


Notes: 1. ModifiedDuration1.21years.2. Average Maturity 1.41 years. 3. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND. 4. Total Expense Ratio: (F.Y. beginning to date) RP: 0.89% DP: 0.54%

Sr. No.


% to Net Assets



2 Bharat Petroleum Corporation Limited CRISIL AAA 250 2,476.95 10.01%

3 Small Industries Development Bank of India CARE AAA 200 2,008.48 8.12%

4 RuralElectrificationCorporation Limited CRISIL AAA 200 2,006.38 8.11%

5National Bank for Agriculture & Rural Development

CRISIL AAA 200 2,004.25 8.10%


7 RuralElectrificationCorporation Limited CRISIL AAA 100 977.19 3.95%

8Housing Development Finance Corporation Limited

CRISIL AAA 50 499.57 2.02%

9 RuralElectrificationCorporation Limited ICRA AAA 35 348.27 1.41%


CRISIL AAA 30 299.53 1.21%


CRISIL AAA 25 250.17 1.01%


CRISIL AAA 7 70.15 0.28%

Total 14,951.89 60.43%


13 Export Import Bank of India CRISIL A1+ 2,500 2,348.05 9.49%

14 State Bank of Patiala CRISIL A1+ 2,500 2,342.46 9.47%15 Bank of Baroda CRISIL A1+ 2,500 2,310.06 9.34%16 Punjab & Sind Bank CRISIL A1+ 2,000 1,841.91 7.44%17 United Bank of India ICRA A2+ 100 95.28 0.39%

Total 8,937.76 36.13%



5,000/- and 1000/- thereafter.

FEATURES



A1+ 35.74%AAA 60.43%


A2+ 0.39%CAsh & EquivAlEnt 3.44%

27

Comparative Performance of all schemes

FUND MANAGER - Apoorva Shah


DSP BlackRock Equity Fund (DSPBREF)Period DSPBR Equity Fund CNx 500^ CNX Nifty#

28 March 2013 to 31 March 2014 17.91% 17.72% 17.98%

30 March 2012 to 28 March 2013 (0.04%) 5.13% 7.31%

31 March 2011 to 30 March 2012 (4.07%) (8.75%) (9.23%)

SinceInception(CAGR) 20.66% 12.68% 11.53%

SinceInception(Value*)(`) 240,444 75,539 63,400

NAV/IndexValue(asof31-Mar-14)(`) 43.741 5,224.85 6,704.20

Date of allotment Apr 29, 1997

^Scheme Benchmark. #Standard Benchmark. *Based on investment of 10,000 made at inception. All returns are for Regular Plan - Reinvest Dividend Option, assuming reinvestment of dividend. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

FUND MANAGER - Vinit Sambre

DSP BlackRock Technology.com Fund (DSPBRTF)

Period DSPBR Technology.com Fund S&P BSE Teck^ CNX Nifty#

28 March 2013 to 31 March 2014 23.94% 25.73% 17.98%

30 March 2012 to 28 March 2013 11.30% 9.50% 7.31%

31 March 2011 to 30 March 2012 (10.75%) (7.62%) (9.23%)




Date of allotment May 16, 2000

^Scheme Benchmark. #Standard Benchmark. *Based on investment of 10,000 made at inception. All returnsareforRegularPlan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedateof allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock Top 100 Equity Fund (DSPBRTEF)

Period DSPBR Top 100 Equity Fund S&P BSE100^ CNX Nifty#

28 March 2013 to 31 March 2014 15.67% 18.11% 17.98%

30 March 2012 to 28 March 2013 2.64% 6.84% 7.31%

31 March 2011 to 30 March 2012 (2.09%) (9.23%) (9.23%)




Date of allotment Mar 10, 2003


FUND MANAGER - Apoorva Shah, Vinit Sambre

DSP BlackRock Small and Midcap Fund (DSPBRSMF)

Period DSPBR Small and Midcap Fund CNx Midcap^ CNX Nifty#

28 March 2013 to 31 March 2014 26.34% 16.36% 17.98%

30 March 2012 to 28 March 2013 1.62% (4.02%) 7.31%

31 March 2011 to 30 March 2012 (1.46%) (4.09%) (9.23%)




Date of allotment Nov 14, 2006


FUND MANAGER - Vinit Sambre, Jay Kothari

DSP BlackRock Micro Cap Fund (DSPBRMCF)

Period DSPBR Micro Cap Fund S&P BSE Small Cap^ CNX Nifty#

28 March 2013 to 31 March 2014 35.14% 21.83% 17.98%

30 March 2012 to 28 March 2013 (0.82%) (12.44%) 7.31%

31 March 2011 to 30 March 2012 1.36% (18.92%) (9.23%)

SinceInception(CAGR) 10.76% (0.51%) 7.23%



Date of allotment Jun 14, 2007


FUND MANAGER - Apoorva Shah, Jay Kothari

DSP BlackRock Focus 25 Fund (DSPBRF25F)Period DSPBR Focus 25 Fund S&P BSE 200^ CNX Nifty#

28 March 2013 to 31 March 2014 12.95% 17.19% 17.98%

30 March 2012 to 28 March 2013 3.91% 6.03% 7.31%

31 March 2011 to 30 March 2012 (7.69%) (9.28%) (9.23%)







DSP BlackRock Opportunities Fund (DSPBROF)

Period DSPBR Opportunities Fund CNx 500^ CNX Nifty#

28 March 2013 to 31 March 2014 20.44% 17.72% 17.98%

30 March 2012 to 28 March 2013 7.61% 5.13% 7.31%

31 March 2011 to 30 March 2012 (9.52%) (8.75%) (9.23%)






FUND MANAGER - Apoorva Shah, Dhawal Dalal

DSP BlackRock Balanced Fund (DSPBRBaLF)

Period DSPBR Balanced Fund CRISIL Balanced Fund Index^ CNX Nifty#

28 March 2013 to 31 March 2014 12.02% 13.40% 17.98%

30 March 2012 to 28 March 2013 2.06% 8.18% 7.31%

31 March 2011 to 30 March 2012 (1.21%) (3.17%) (9.23%)

SinceInception(CAGR) 14.50% NA1 13.00%

SinceInception(Value*)(`) 74,701 NA1 61,424.71



^Scheme Benchmark. #Standard Benchmark. *Based on investment of 10,000 made at inception. All returns are for Regular Plan - Growth Option. 1Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.RP- Regular Plan, IP- Institutional Plan

28

Comparative Performance of all schemesFUND MANAGER - Rohit Singhania

DSP BlackRock India T.I.G.E.R. Fund (DSPBRITF) (TheInfrastructureGrowthandEconomicReformsFund)

Period DSPBR India T.I.G.E.R. Fund S&P BSE100^ CNX Nifty#

28 March 2013 to 31 March 2014 13.72% 18.11% 17.98%

30 March 2012 to 28 March 2013 (1.81%) 6.84% 7.31%

31 March 2011 to 30 March 2012 (9.82%) (9.23%) (9.23%)






FUND MANAGER - Jay Kothari

DSP BlackRock World Mining Fund (DSPBRWMF)

Period DSPBR World Mining Fund

HSBC Mining Index^ CNX Nifty#

28 March 2013 to 28 March 2014 (2.12%) (4.60%) 17.83%

30 March 2012 to 28 March 2013 (16.71%) (11.81%) 7.31%

31 March 2011 to 30 March 2012 (13.29%) (14.29%) (9.23%)

SinceInception(CAGR) (3.22%) (2.92%) 6.19%



Date of allotment Dec 29, 2009



DSP BlackRock Tax Saver Fund (DSPBRTSF)Period DSPBR Tax Saver Fund CNx 500^ CNX Nifty#

28 March 2013 to 31 March 2014 22.66% 17.72% 17.98%

30 March 2012 to 28 March 2013 10.47% 5.13% 7.31%

31 March 2011 to 30 March 2012 (6.61%) (8.75%) (9.23%)




Date of allotment Jan 18, 2007


FUND MANAGER - Rohit Singhania, Jay Kothari

DSP BlackRock Natural Resources and New Energy Fund (DSPBRNRNEF)

Period DSPBR Natural Resources and New Nergy Fund

Composite Benchmark^ CNX Nifty#

28 March 2013 to 31 March 2014 18.71% 19.92% 17.98%

30 March 2012 to 28 March 2013 (13.73%) (0.02%) 7.31%

31 March 2011 to 30 March 2012 (7.21%) (14.24%) (9.23%)



NAV/IndexValue(asof31-Mar-14)(`) 13.6490 102.03 6,704.20


^SchemeBenchmark(CompositeBenchmark=30%S&PBSEMetals+35%S&PBSEOil&Gas+35%MSCIWorldEnergyIndex-Net&ExpressedinINR;NormalisedValues)#StandardBenchmark.*Basedoninvestmentof 10,000madeatinception.AllreturnsareforRegularPlan-GrowthOption.Sinceinceptionreturnshave been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.


DSP BlackRock World Energy Fund (DSPBRWEF)

Period DSPBR World Energy Fund

Composite Benchmark^ CNX Nifty#

28 March 2013 to 28 March 2014 18.78% 26.69% 17.83%

30 March 2012 to 28 March 2013 3.37% 13.40% 7.31%

31 March 2011 to 30 March 2012 (8.96%) 7.18% -9.23%



NAV/IndexValue(asof28-Mar-14)(`) 14.1529 199.25 6,695.90

Date of allotment Aug 14, 2009

^Scheme Benchmark (Composite Benchmark = 30% MSCI World Index + 70% MSCI World Energy Index - Net &ExpressedinINR;NormalisedValues)#StandardBenchmark.*Basedoninvestmentof 10,000 made at inception.AllreturnsareforRegularPlan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfrom the date of allotment till 28 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.


DSP BlackRock World Gold Fund (DSPBRWGF)

Period DSPBR World Gold Fund FTSE Gold Mine^ CNX Nifty#

28 March 2013 to 28 March 2014 (21.94%) (29.93%) 17.83%

30 March 2012 to 28 March 2013 (17.62%) (20.34%) 7.31%

31 March 2011 to 30 March 2012 (4.56%) (5.69%) (9.23%)

SinceInception(CAGR) 2.00% (2.29%) 6.20%



Date of allotment Sep 14, 2007



DSP BlackRock World Agriculture Fund (DSPBRWAF)

Period DSPBR World Agriculture Fund

DAX Global Agribusiness

Index^CNX Nifty#

28 March 2013 to 28 March 2014 15.38% 12.41% 17.83%

30 March 2012 to 28 March 2013 7.94% 13.18% 7.31%




Date of allotment Oct 21, 2011


FUND MANAGER - Jay Kothari, Laukik Bagwe

DSP BlackRock US Flexible~ Equity Fund (DSPBRUSFEF)

Period DSPBR US Flexible Equity Fund

Russell 1000 Index^ CNX Nifty#

28 March 2013 to 28 March 2014 31.63% 33.40% 17.83%




Date of allotment Aug 3, 2012


~Theterm“Flexible”inthenameoftheSchemesignifiesthattheInvestmentManageroftheUnderlyingFund can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants.

RP- Regular Plan, IP- Institutional Plan

29


FUND MANAGER - Dhawal Dalal

DSP BlackRock Income Opportunities Fund - RP (DSPBRIOF)

PeriodDSPBR Income Opportunities

Fund - RP

Crisil Liquid Fund Index^

Crisil 1 year T-Bill Index#

28 March 2013 to 28 March 2014 8.54% 9.46% 5.77%

30 March 2012 to 28 March 2013 9.02% 8.17% 8.33%

31 March 2011 to 30 March 2012 8.38% 8.44% 6.59%





^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returnsareforRegularPlan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedateof allotment till 28 March 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

FUND MANAGER - Laukik Bagwe

DSP BlackRock Liquidity Fund - RP (DSPBRLF)

Period DSPBR Liquidity Fund - RP


Crisil 91 Day T-Bill Index#

Last 7 days till 28 March 2014 9.75% 14.77% 12.75%



28 March 2013 to 28 March 2014 9.04% 9.46% 8.58%

30 March 2012 to 28 March 2013 9.00% 8.17% 8.46%

31 March 2011 to 30 March 2012 9.13% 8.44% 6.96%

SinceInception(CAGR) 7.12% NA1 6.43%

SinceInception(Value*)(`) 30,178 NA1 27,206


Date of allotment Mar 11, 1998

^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returns are for Regular Plan - GrowthOption. 1Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 28 March 2014. Returns shown for 7 days, 15 days and 30 days are computed on simple annualised basis. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.


DSP BlackRock Liquidity Fund - IP (DSPBRLF)

Period DSPBR Liquidity Fund - IP


Crisil 91 Day T-Bill Index#




28 March 2013 to 28 March 2014 9.29% 9.46% 8.58%

30 March 2012 to 28 March 2013 9.27% 8.17% 8.46%

31 March 2011 to 30 March 2012 9.35% 8.44% 6.96%



NAV/IndexValue(asof28-Mar-14)(`) 1,833.2424 2,127.76 3,722.51


^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returnsareforInstitutionalPlan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedate of allotment till 28 March 2014. Returns shown for 7 days, 15 days and 30 days are computed on simple annualised basis. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.


DSP BlackRock Money Manager Fund - RP (DSPBRMMF)

Period DSPBR Money Manager Fund - RP



28 March 2013 to 28 March 2014 9.39% 9.46% 5.77%

30 March 2012 to 28 March 2013 8.66% 8.17% 8.33%

31 March 2011 to 30 March 2012 8.69% 8.44% 6.59%




Date of allotment Jul 31, 2006



DSP BlackRock Money Manager Fund - IP (DSPBRMMF)

Period DSPBR Money Manager Fund - IP



28 March 2013 to 28 March 2014 9.88% 9.46% 5.77%

30 March 2012 to 28 March 2013 9.29% 8.17% 8.33%

31 March 2011 to 30 March 2012 9.16% 8.44% 6.59%




Date of allotment Jul 31, 2006

^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returnsareforInstitutionalPlan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedate of allotment till 28 March 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

FUND MANAGER - Dhawal Dalal, Vinit Sambre

DSP BlackRock MIP Fund~ (DSPBRMIPF)

Period DSPBR MIP Fund CRISIL MIP Blended Index^


28 March 2013 to 28 March 2014 8.45% 6.44% 5.77%

30 March 2012 to 28 March 2013 7.38% 9.06% 8.33%

31 March 2011 to 30 March 2012 10.03% 5.24% 6.59%


SinceInception(Value*)(`) 24,530 20,376 16,891.77



^Scheme Benchmark. #Standard Benchmark. *Based on investment of 10,000 made at inception. All returnsareforRegularPlan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedateof allotment till 28 March 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.~Monthly income is not assured and is subject to availability of distributable surplus.


DSP BlackRock Short Term Fund (DSPBRSTF)

Period DSPBR Short Term Fund Crisil Liquid Fund Index^


28 March 2013 to 28 March 2014 8.19% 9.46% 5.77%

30 March 2012 to 28 March 2013 9.71% 8.17% 8.33%

31 March 2011 to 30 March 2012 8.54% 8.44% 6.59%







DSP BlackRock Income Opportunities Fund - IP (DSPBRIOF)

PeriodDSPBR Income Opportunities

Fund - IP



28 March 2013 to 28 March 2014 9.15% 9.46% 5.77%

30 March 2012 to 28 March 2013 9.83% 8.17% 8.33%

31 March 2011 to 30 March 2012 8.72% 8.44% 6.59%




Date of allotment Oct 18, 2005

^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returnsareforInstitutionalPlan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedate of allotment till 28 March 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.


30



DSP BlackRock Government Securities Fund (DSPBRGSF)

Period DSPBR Government Securities Fund I-Sec li-BEx^ Crisil 10 year

Gilt Index#

28 March 2013 to 28 March 2014 0.65% 1.60% (1.01%)

30 March 2012 to 28 March 2013 9.81% 13.28% 11.25%

31 March 2011 to 30 March 2012 4.19% 6.30% 2.43%

SinceInception(CAGR) 9.76% 10.92% NA1

SinceInception(Value*)(`) 38,615 44,934 NA1



^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returnsareforRegularPlan-GrowthOption.1Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 28 March 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.


DSP BlackRock Strategic Bond Fund - IP (DSPBRSBF)

Period DSPBR Strategic Bond Fund - IP

Crisil Composite Bond Fund Index^

Crisil 10 year Gilt Index#

28 March 2013 to 28 March 2014 6.21% 4.32% (1.01%)

30 March 2012 to 28 March 2013 10.21% 9.24% 11.25%

31 March 2011 to 30 March 2012 9.25% 7.68% 2.43%





^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returnsareforInstitutionalPlan-GrowthOption.SinceinceptionreturnshavebeencalculatedfromNov12,2008astherewerenoinvestorsinthisplanforasignificiantperiodbeforethisdate.Sinceinceptionreturns have been calculated from the date of allotment till 28 March 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSPBREF, DSPBROF and DSPBRTSF, which are benchmarked to the CNX 500 Index, are not sponsored, endorsed, sold or promoted by India Index Services & products Limited (IISL). IISL is not responsible for any errors or omissionsortheresultsobtainedfromtheuseofsuchindexandinnoeventshallIISLhaveanyliabilitytoanypartyforanydamagesofwhatsoevernature(includinglostprofits)resultedtosuchpartyduetopurchaseor sale or otherwise, of DSPBREF, DSPBROF or DSPBRTSF marked to such index.

DSPBRSMF, which is benchmarked to the CNX Midcap Index, is not sponsored, endorsed, sold or promoted by India Index Services & products Limited (IISL). IISL is not responsible for any errors or omissions or the results obtainedfromtheuseofsuchindexandinnoeventshallIISLhaveanyliabilitytoanypartyforanydamagesofwhatsoevernature(includinglostprofits)resultedtosuchpartyduetopurchaseorsaleorotherwiseofDSPBRSMF marked to such index.

Note: (a) All returns are absolute unless otherwise mentioned. (b) Load is not taken into consideration for computation of performance. (c) DSP BlackRock Banking & PSU Debt Fund and DSP BlackRock Dynamic Asset Allocation Fund has not completed 1 year hence performance data of the same is not provided.


DSP BlackRock Bond Fund (DSPBRBF)

Period DSPBR Bond Fund Crisil Composite Bond Fund Index^

Crisil 10 year Gilt Index#

28 March 2013 to 28 March 2014 2.97% 4.32% (1.01%)

30 March 2012 to 28 March 2013 10.16% 9.24% 11.25%

31 March 2011 to 30 March 2012 7.35% 7.68% 2.43%

SinceInception(CAGR) 8.30% NA1 NA1

SinceInception(Value*)(`) 38,560 NA1 NA1



^Scheme Benchmark. #Standard Benchmark.*Based on investment of 10,000 made at inception. All returnsareforRegularPlan-GrowthOption.1Since historical data is not available, performance has not been compared. Since inception returns have been calculated from the date of allotment till 28 March 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.


DSP BlackRock Strategic Bond Fund - RP (DSPBRSBF)

Period DSPBR Strategic Bond Fund - RP

Crisil Composite Bond Fund Index^

CRISIl 10 year Gilt Index#

28 March 2013 to 28 March 2014 6.16% 4.32% (1.01%)

30 March 2012 to 28 March 2013 9.94% 9.24% 11.25%

31 March 2011 to 30 March 2012 8.93% 7.68% 2.43%






FUND MANAGER - Dhawal Dalal, Vivek Ved

DSP BlackRock Treasury Bill Fund (DSPBRTBF)

Period DSPBR Treasury Bill Fund I-Sec Si-BEx^ Crisil 1 year

T-Bill Index#

28 March 2013 to 28 March 2014 10.11% 6.61% 5.77%

30 March 2012 to 28 March 2013 7.78% 9.63% 8.33%

31 March 2011 to 30 March 2012 7.35% 7.39% 6.59%







31

SIP Investment Performance of all Equity oriented schemes (as on March 31, 2014)

DSP BlackRock Equity Fund (DSPBREF) - RP - Dividend

SIP Investments Since Inception* 15 years 12 years 10 years 8 years 5 years 3 years 1 year

Total Amount Invested (Rs’000) 204.00 180.00 144.00 120.00 96.00 60.00 36.00 12.00

SchemeMarketValue(Rs’000) 1,466.44 984.08 553.03 262.36 148.22 74.85 41.94 13.70

Benchmark^MarketValue(Rs’000) 756.67 568.65 349.25 204.64 133.29 74.05 42.93 13.60

Standard Benchmark^^ MarketValue(Rs’000) 711.43 551.58 354.51 216.20 137.93 75.92 43.42 13.50

Scheme Return Yield (%) 20.41 20.33 20.77 14.96 10.61 8.79 10.20 27.49

Benchmark^ Return Yield (%) 13.93 14.07 13.90 10.30 8.04 8.36 11.80 25.85

Standard Benchmark^^ Return Yield(%) 13.31 13.72 14.13 11.33 8.87 9.36 12.58 24.07

^CNX 500 Index; ^CNX Nifty Index; *Inception date : 29-Apr-1997. All returns are for Regular Plan - Reinvest Dividend Option, assuming reinvestment of dividend. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock Opportunities Fund (DSPBROF) - RP - Growth


Total Amount Invested (Rs’000) 167.00 -- 144.00 120.00 96.00 60.00 36.00 12.00

SchemeMarketValue(Rs’000) 787.29 -- 486.45 239.20 145.09 77.38 43.62 13.56

Benchmark^MarketValue(Rs’000) 498.67 -- 349.25 204.64 133.29 74.05 42.93 13.60

Standard Benchmark^^ MarketValue(Rs’000) 485.19 -- 354.51 216.20 137.93 75.92 43.42 13.50

Scheme Return Yield (%) 20.24 -- 18.87 13.23 10.10 10.12 12.89 25.05

Benchmark^ Return Yield (%) 14.53 -- 13.90 10.30 8.04 8.36 11.80 25.85

Standard Benchmark^^ Return Yield(%) 14.18 -- 14.13 11.33 8.87 9.36 12.58 24.07

^CNX 500 Index; ^^CNXNiftyIndex;*Inceptiondate:16-May-2000.AllreturnsareforRegularPlan-GrowthOption. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock Small and Midcap Fund (DSPBRSMF) - RP - Growth


Total Amount Invested (Rs’000) 89.00 -- -- -- -- 60.00 36.00 12.00

SchemeMarketValue(Rs’000) 148.17 -- -- -- -- 83.96 45.19 14.75

Benchmark^MarketValue(Rs’000) 119.13 -- -- -- -- 71.58 41.29 13.83

Standard Benchmark^^ MarketValue(Rs’000) 123.74 -- -- -- -- 75.92 43.42 13.50

Scheme Return Yield (%) 13.47 -- -- -- -- 13.42 15.36 45.45

Benchmark^ Return Yield (%) 7.73 -- -- -- -- 7.00 9.13 29.73

Standard Benchmark^^ Return Yield(%) 8.73 -- -- -- -- 9.36 12.58 24.07

^CNX Midcap; ^^CNXNiftyIndex;*Inceptiondate:14-Nov-2006.AllreturnsareforRegularPlan-GrowthOption. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock India T.I.G.E.R. Fund (DSPBRITF) (TheInfrastructureGrowthandEconomicReformsFund) - RP - Growth


Total Amount Invested (Rs’000) 118.00 -- -- -- 96.00 60.00 36.00 12.00

SchemeMarketValue(Rs’000) 185.79 -- -- -- 116.16 66.16 40.47 13.98

Benchmark^MarketValue(Rs’000) 207.81 -- -- -- 136.86 75.34 43.32 13.53

Standard Benchmark^^ MarketValue(Rs’000) 208.80 -- -- -- 137.93 75.92 43.42 13.50

Scheme Return Yield (%) 8.94 -- -- -- 4.69 3.86 7.77 32.10

Benchmark^ Return Yield (%) 11.10 -- -- -- 8.68 9.05 12.43 24.55

Standard Benchmark^^ Return Yield(%) 11.19 -- -- -- 8.87 9.36 12.58 24.07

^S&P BSE 100; ^^CNXNiftyIndex;*Inceptiondate:11-Jun-2004.AllreturnsareforRegularPlan-GrowthOption. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSPBlackRockMutualFundoffersflexibleandconvenientSystematicInvestmentPlan(SIP)facility.ToillustratetheadvantagesofSIPinvestments,thisishowyour investments would have grown if you had invested say `1,000/-systematicallyonthefirstBusinessDayofeverymonthoveraperiodoftime.

DSP BlackRock Top 100 Equity Fund (DSPBRTEF) - RP - Growth


Total Amount Invested (Rs’000) 133.00 -- -- 120.00 96.00 60.00 36.00 12.00

SchemeMarketValue(Rs’000) 360.96 -- -- 252.23 146.69 74.86 41.88 13.27

Benchmark^MarketValue(Rs’000) 288.27 -- -- 215.43 136.86 75.34 43.32 13.53

Standard Benchmark^^ MarketValue(Rs’000) 283.64 -- -- 216.20 137.93 75.92 43.42 13.50

Scheme Return Yield (%) 16.98 -- -- 14.22 10.36 8.79 10.09 20.33

Benchmark^ Return Yield (%) 13.27 -- -- 11.27 8.68 9.05 12.43 24.55

Standard Benchmark^^ Return Yield(%) 13.00 -- -- 11.33 8.87 9.36 12.58 24.07

^S&P BSE 100; ^^CNXNiftyIndex;*Inceptiondate:10-Mar-2003.AllreturnsareforRegularPlan-GrowthOption. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock Tax Saver Fund (DSPBRTSF) - RP - Growth









^CNX 500 Index; ^^CNXNiftyIndex;*Inceptiondate:18-Jan-2007.AllreturnsareforRegularPlan-GrowthOption. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

RP - Regular Plan

32

DSP BlackRock Natural Resources and New Energy Fund (DSPBRNRNEF) - RP - Growth









^CompositeBenchmark=30%S&PBSEMetals+35%S&PBSEOil&Gas+35%MSCIWorldEnergyIndex-Net&Expressed in INR; Normalised; ^^CNX Nifty Index; *Inception date : 25-Apr-2008. All returns are for Regular Plan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedateofallotmenttill31Mar2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock Balanced Fund (DSPBRBaLF) - RP - Growth




Benchmark^MarketValue(Rs’000) -- -- 297.35 200.99 136.66 74.64 42.28 13.10



Benchmark^ Return Yield (%) -- -- 11.46 9.96 8.64 8.67 10.74 17.51


^Crisil Balanced Fund Index; ^^CNX Nifty Index; *Inception date : 27-May-1999. All returns are for Regular Plan-GrowthOption.Sinceinceptionreturnshavebeencalculatedfromthedateofallotmenttill31Mar2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock Technology.com Fund (DSPBRTF) - RP - Growth




Benchmark^MarketValue(Rs’000) 444.88 -- 350.15 215.68 145.14 85.37 47.46 13.59



Benchmark^ Return Yield (%) 13.08 -- 13.94 11.29 10.10 14.09 18.83 25.67


^S&P BSE Teck; ^^CNXNiftyIndex;*Inceptiondate:16-May-2000.AllreturnsareforRegularPlan-GrowthOption. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

The returns are calculated by XIRR approach assuming investment of ` 1000/-onthe1stworkingdayofeverymonth.XIRRhelpsincalculatingreturnoninvestmentsgivenaninitialandfinalvalueandaseriesofcashinflowsandoutflowswiththecorrectallowanceforthetimeimpactofthetransactions.Loadisnottakenintoconsiderationforcomputationofperformance.

DSPBRBalF is co-managed by Apoorva Shah & Dhawal Dalal. SIP performances are shown for all Schemes managed by Apoorva Shah. Since the orientation & feature of DSPBRBalF is different from all other schemes managed by Dhawal Dalal, the SIP performances of other schemes managed by Dhawal Dalal are not shown. Similarly, DSPBRNRNEF is co-managed by Rohit Singhania & Jay Kothari. SIP performances are shown for all Schemes managed by Rohit Singhania. Since the orientation & feature of DSPBRNRNEF is different from all other FOF schemes managed by Jay Kothari, the SIP performances of other FOF schemes managed by Jay Kothari are not shown. For performance of all schemes in SEBI prescribed format please refer page 27 - 30. Disclaimer: The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeingorpromisingorforecastinganyreturns.SIPdoesnotassureaprofitorguaranteeprotectionagainstalossinadecliningmarket.

SIP Investment Performance of all Equity oriented schemes (as on March 31, 2014)

DSP BlackRock Focus 25 Fund (DSPBRF25F) - RP - Growth


Total Amount Invested (Rs’000) 46.00 -- -- -- -- -- 36.00 12.00

SchemeMarketValue(Rs’000) 51.61 -- -- -- -- -- 40.92 13.35

Benchmark^MarketValue(Rs’000) 54.26 -- -- -- -- -- 42.91 13.52

Standard Benchmark^^ MarketValue(Rs’000) 55.33 -- -- -- -- -- 43.42 13.50

Scheme Return Yield (%) 5.96 -- -- -- -- -- 8.51 21.67

Benchmark^ Return Yield (%) 8.59 -- -- -- -- -- 11.76 24.49

Standard Benchmark^^ Return Yield(%) 9.63 -- -- -- -- -- 12.58 24.07

^S&P BSE 200; ^^CNXNiftyIndex;*Inceptiondate:10-Jun-2010.AllreturnsareforRegularPlan-GrowthOption. Since inception returns have been calculated from the date of allotment till 31 Mar 2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

DSP BlackRock Micro Cap Fund (DSPBRMCF) - RP - Growth









^S&P BSE SMALL CAP; ^^CNX Nifty Index; *Inception date : 14-Jun-2007. All returns are for Regular Plan -GrowthOption. Since inception returns have been calculated from the date of allotment till 31Mar2014. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

RP - Regular Plan

33

Dividend HistoryDSPBRMIPF# (Regular Plan)

Record DateDividend per Unit (`)

NAV (`)Individuals/hUF Others Face Value

Monthly Dividend Option (during the last 3 months)28-Mar-1428-Feb-1428-Jan-14

0.060000 0.060000 0.060000

0.0574630.0574630.057463

1010 10

11.296811.216111.2597

QuarterlyDividend(duringthelast3quarters)28-Mar-1427-Dec-1327-Sep-13

0.1800000.1800000.180000

0.1723900.1723900.172390

10 1010

12.160912.145312.1707

DSPBRMIPF# (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-Mar-1428-Feb-1428-Jan-14

0.0600000.0600000.060000

0.0574630.0574630.057463

10 10 10

11.551311.403811.4534


0.1800000.1800000.180000

0.1723900.1723900.172390

10 1010

12.253912.217012.2313

DSPBRSBF (Institutional Plan)

Record Date Dividend per Unit (`) NAV (`)Individuals/hUF Others Face ValueMonthly Dividend Option (during the last 3 months)

05-Feb-1407-Jan-1428-May-1306-May-13

4.88618713.48786318.78506512.707062

4.67960312.91760616.005299 10.826703

1000100010001000

1032.33371043.53241062.9171 1054.9311

Dividend Option (during the last 3 years)28-Mar-1427-Dec-13 28-May-1328-Mar-13 28-Dec-1228-Sep-1228-Jun-1228-Mar-1228-Dec-1128-Sep-1128-Jun-11

15.86853710.25458835.88446319.884288 16.48457821.11157819.86773116.1993522.01653919.56540217.656555

15.1976279.82103130.57437116.941861 14.12903518.09475617.02865313.8844818.87039916.76952715.133452

100010001000 1000100010001000 1000 1000 1000 1000

1044.17851037.77251080.83491061.8087 1054.23371055.15511050.44321043.34911047.55771044.76281040.5484

DSPBRSBF (Direct Plan)Monthly Dividend Option (during the last 3 months)

05-Feb-1407-Jan-1428-May-136-May-13

5.19711714.46662819.20849713.149414

4.97738613.85498916.36607211.203597

100010001000 1000

1046.53461058.58231076.13491068.1456

Dividend Option (during the last 3 years)28-Mar-1427-Dec-13 28-May-13

16.92452811.10742322.657440

16.20897110.63780919.304650

100010001000

1057.51911060.75821080.0938

DSPBRIOF (Regular Plan)


28-Mar-1428-Feb-1428-Jan-14

0.0833040.0391970.061017

0.0797820.0375400.058437

1010 10

10.259810.198010.2355

Dividend Option (during the last 3 years)28-Mar-1427-Dec-1327-Sep-1328-May-1328-Mar-13 28-Dec-12 28-Sep-1228-Jun-1228-Mar-12 28-Dec-1129-Sep-1128-Jun-11

0.1691800.2131310.0593030.2084750.164853 0.144734 0.2149420.1940650.1380390.1679000.1878980.173011

0.1620270.2041200.0567950.1776250.140458 0.124051 0.1842270.1663330.118313 0.1439000.1610480.148288

10101010101010 10 10 10 10 10

11.154111.192410.983511.132511.0715 11.0136 11.062511.005310.9001 10.899610.688310.8542


0.1571790.1984800.055172

0.1505340.1723900.052840

10 1010

10.385712.217010.2095

DSPBRIOF (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-Mar-1428-Feb-1428-Jan-14

0.0860320.0422370.064056

0.0823940.0404510.061348

10 10 10

10.268710.206610.2438

Dividend Option (during the last 3 years)28-Mar-1427-Dec-1327-Sep-1328-May-13

0.1786090.2230270.0738750.211453

0.1710580.2135980.0707520.180163

1010 10 10

11.182111.218510.994811.1473


0.1662970.2075980.068732

0.1592660.1988210.065826

10 1010

10.411310.445910.2376

DSPBRSTF (Regular Plan)


28-Mar-1428-Feb-1428-Jan-14

0.0882910.0422370.062108

0.0845590.0404510.059482

10 10 10

11.075111.006011.0400

Dividend Option (during the last 3 years)28-Mar-1427-Dec-13 27-Sep-13 28-May-1328-Mar-13 28-Dec-12 28-Sep-1228-Jun-1228-Mar-12 28-Dec-1129-Sep-1128-Jun-1130-May-11

0.1723750.1987920.0413010.2192490.164240 0.173011 0.2301820.2177610.1385000.1861000.1932720.1945050.054705

0.1650870.1903870.0395550.1868050.139936 0.148288 0.1972890.1866440.118700 0.1595000.1656540.1667110.051056

10101010 101010 10 10 10 10 10 10

11.441911.455311.242911.420711.3458 11.3107 11.342911.291511.1645 11.183010.955011.148611.0555

QuarterlyDividend(duringthelast3quarters)28-May-13 0.215220 0.183372 10 11.4161

DSPBRSTF (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-Mar-1428-Feb-1428-Jan-14

0.0913310.0455090.065459

0.0874690.0435850.062691

10 10 10

11.091711.022111.0559

Dividend Option (during the last 3 years)28-Mar-1427-Dec-1327-Sep-13

0.0314050.2088450.054861

0.0300770.2000150.052541

10 10 10

11.275211.480611.2435

QuarterlyDividend(duringthelast3quarters)28-May-13 0.222402 0.189492 10 11.4347

DSPBRBalF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

14-Mar-14 14-Dec-12 16-Mar-12 11-Mar-115-Mar-10 12-Dec-0821-Sept-07 22-Aug-06

2.20 0.50 1.00 2.003.00 1.50 6.00 4.00

10 10 10 10 10 10 10 10

22.2080 22.3960 21.5330 22.77123.445 15.861 27.1880 23.39

DSPBREF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

21-Feb-1426-Apr-1321-Dec-12 16-Mar-124-Feb-1119-Mar-10 20-Nov-0925-Jan-08

4.254.25 0.50 1.10 3.506.50 3.007.00

1010 10 10 10 10 10 10

43.080046.497050.2250 46.8930 49.797052.112 53.08256.408

DSPBRTEF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

28-Feb-1412-Apr-1318-Jan-1306-Mar-12 03-Sep-10 24-Jul-09 23-May-08

1.901.70 0.501.10 1.25 2.00 5.00

1010 10 10 10 10 10

19.482019.854022.736020.9430 21.991 19.339 23.8800

DSPBRTEF (Direct Plan)28-Feb-1412-Apr-1318-Jan-13

0.901.700.50

101010

19.610019.885022.7430

DSPBRGF (Regular Plan)


28-May-1326-Apr-13 28-Mar-13

0.3114860.2019050.019972

0.2653930.1720280.017016

1010 10

10.964510.839610.6299

Dividend Option (during the last 3 years)28-May-1328-Mar-13 28-Dec-12 28-Sep-1228-Jun-1228-Mar-12 28-Dec-1128-Mar-1128-Feb-11

0.5720790.268565 0.192743 0.2184660.1131090.2329000.3082000.1124380.052178

0.4874240.228823 0.165201 0.1872480.0969460.199600 0.2642000.1047930.048631

10 10 101010 1010 10 10

12.327811.9790 11.8515 11.803511.645311.7468 11.944811.887311.7851

DSPBRGF (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-May-1326-Apr-13 28-Mar-13

0.3151650.1909560.022161

0.2685280.1626990.018882

10 10 10

11.032510.890610.6987

Dividend Option (during the last 3 years)28-May-13 0.546677 0.465781 10 12.3690

DSPBRTBF (Regular Plan)


28-Mar-1428-Feb-1428-Jan-14

0.0515100.0399770.053146

0.0493320.0382860.050899

1010 10

10.367710.341610.3612

Dividend Option (during the last 3 years)28-Mar-1427-Dec-13 27-Sep-1328-May-1328-Mar-13 28-Dec-12 28-Sep-1228-Jun-1228-Mar-12 28-Dec-1129-Sep -1128-Jun-1130-May-1128-Mar-11

0.1496980.1754140.3566730.1265740.1645900.147641 0.1708090.1820840.1440000.1696000.1780320.1410340.0428120.145027

0.1433690.1679980.3415930.1078440.1402340.126543 0.1464000.1560650.123400 0.1453000.1525920.1208800.0399570.135167

101010 10 10 10101010 10 10 10 10 10

11.659311.668911.893611.550511.5926 11.5397 11.534911.526511.4617 11.467311.254611.391111.330711.3763

DSPBRTBF (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-Mar-1428-Feb-1428-Jan-14

0.0529130.0416130.051120

0.0506750.0398540.048959

10 10 10

10.360510.354510.3692

Dividend Option (during the last 3 years)28-Mar-1427-Dec-13 27-Sep-1328-May-13

0.1548410.1807910.3640760.119216

0.1482950.1731470.3486830.101575

10101010

11.678311.687311.885211.5526

DSPBRWGF (Regular Plan)

Record DateDividend per Unit (`) Face

Value NAV (`)Individuals/hUF Others

19-Nov-1010-Jul-09

0.8784211.313917

0.8186991.222893

10 10

16.218411.8014

DSPBROF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

21-Mar-1315-Jun-12 11-Feb-1126-Feb-10 28-Mar-08

4.00 2.50 2.00 3.00 4.00

10 10 10 10 10

24.277023.9750 28.29727.829 29.4860

DSPBRITF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

14-Mar-14 10-May-1304-Jan-1309-Mar-12 09-Sep-10 19-Jun-0922-Feb-08

1.30 1.000.501.00 1.25 2.00 5.00

10 1010 10 10 10 10

13.3790 15.048017.084015.8060 21.035017.299026.9650

DSPBRTSF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

14-Feb-1415-Feb-134-Mar-1129-Feb-08

1.251.500.50 3.60

1010 10 10

12.234011.223012.096014.7550

DSPBRTF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

14-Mar-14 04-Jan-08

3.00 10.00

10 10

31.229 37.138

Investors may note that the difference in dividend per unit for 'Individuals' and 'Others', in the case of debt oriented Schemes, is due to differential rate of applicable Dividend Distribution Tax (DDT). Pursuant to payments of dividend, the Nav of the Schemes would fall to the extent of payout, and statutory levy, if any. # Monthly income is not assured and is subject to availability of distributable surplus. Past performance may or may not be sustained in future and should not be used as a basis for com-parison with other investments.

For complete list of dividends, visit www.dspblackrock.com.

DSPBRSMF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

07-Mar-14 25-Jan-1323-Mar-1218-Mar-11

1.40 1.501.001.25

10 101010

14.050 15.313014.140014.799

DSPBRNRNEF (Regular Plan)Record Date Dividend per Unit (`) Face Value NAV (`)

28-Dec-1223-Mar-1225-Mar-11

0.500.501.50

101010

11.374011.788014.1130

DSPBRMMF (Regular Plan)


28-Mar-1428-Feb-1428-Jan-14

5.7231254.6216254.894915

5.4811554.4262264.687962

10001000 1000

1020.14671017.69121017.9557

DSPBRMMF (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-Mar-1428-Feb-1428-Jan-14

5.9634524.8996695.171479

5.7113224.6925144.952832

10001000 1000

1021.33501018.86391019.1010

DSPBRBPDF (Regular Plan)


28-Mar-1428-Feb-1428-Jan-14

0.0921100.0328070.054393

0.0882160.0314200.052093

101010

10.278210.202110.2298

Dividend Option (during the last 3 years)28-Mar-1427-Dec-13

0.1680110.112449

0.1609080.107695

1010

10.375610.3043

QuarterlyDividend(duringthelast3quarters)28-Mar-1427-Dec-13

0.1680110.112449

0.1609080.107695

1010

10.375610.3043

DSPBRBPDF (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-Mar-1428-Feb-1428-Jan-14

0.0942920.0350670.056809

0.0903050.0335850.054407

101010

10.281010.205010.2239

Dividend Option (during the last 3 years)28-Mar-1427-Dec-13

0.1762710.119618

0.1688190.114561

1010

10.386210.3135

QuarterlyDividend(duringthelast3quarters)28-Mar-1427-Dec-13

0.1751800.119618

0.1677740.114561

1010

10.384810.3135

DSPBRBF (Regular Plan)

Record Date Dividend per Unit (`) NAV (`)Individuals/hUF Others Face ValueMonthly Dividend Option (during the last quarter)

28-Mar-1428-Jan-1427-Dec-13

0.1108120.0778490.076914

0.1061270.0745580.073662

1010 10

10.879910.853610.8209

Dividend Option (during the last 3 years)28-Mar-1427-Dec-1328-May-1328-Mar-13 28-Dec-12 28-Sep-1228-Jun-1228-Mar-12 28-Dec-1129-Sep-1128-Jun-11

0.1380090.3621150.3811230.229410 0.164466 0.2327370.1826130.181400 0.2588000.2053410.111612

0.1321740.3085300.3247260.195462 0.140964 0.1994790.1565180.155500 0.2218000.1759980.095662

101010 10101010 10 10 10 10

10.688811.414111.435811.2569 11.1437 11.174711.065911.0468 11.177810.931111.0630

DSPBRBF (Direct Plan)Monthly Dividend Option (during the last 3 months)

28-Mar-1428-Jan-1427-Dec-13

0.1202420.0826810.090785

0.1151580.0791850.086947

10 10 10

10.966310.933910.9120

Dividend Option (during the last 3 years)28-Mar-1427-Dec-1328-May-13

0.1509450.1235140.374028

0.1445630.1182920.318681

101010

10.779510.756711.4358

DSPBRWEF (Regular Plan)



21-Mar-14 0.584454 0.559743 10 14.094

DSPBRWAF (Regular Plan)



21-Mar-14 0.584454 0.559743 10 14.285

DSPBRUSFEF (Regular Plan)



21-Mar-14 0.779271 0.746324 10 15.017

34

For more information on DSP BlackRock Mutual Fundvisit www.dspblackrock.com or call Toll Free No.: 1800-200-4499

*Anynewoffices/centresopenedwillbeincludedautomatically.Forupdatedlist,pleasevisitwww.dspblackrock.comandwww.camsonline.com.

• Agra• Ahmedabad• Ahmednagar • Ajmer• Akola• Aligarh• Allahabad• Alleppey• Alwar• Amaravati• Ambala• Amritsar• Anand• Anantapur • Ankleshwar- Bharuch • Asansol• Aurangabad• Bagalkot • Balasore• Bareilly• Basti• Belgaum• Berhampur• Bhagalpur• Bharuch • Bhatinda• Bhavnagar• Bhilai• Bhilwara• Bhiwani • Bhubaneswar• Bhuj - Kutch

• Bhusawal• Bikaner• Bilaspur• Bokaro • Burdwan• Calicut• Chandigarh• Chennai• Chhindwara• Cochin• Cuttack• Darbhanga• Dehradun• Deoghar• Devengere• Dhanbad• Dhule• Durgapur• Eluru• Erode• Faizabad• Faridabad• Firozabad• Gandhidham• Gaziabad• Goa• Gondal• Gorakhpur• Gulbarga• Guntur• Gurgaon• Guwahati

• Gwalior• Haldia• Haldwani • Hazaribagh• Himmatnagar • Hisar• Hoshiarpur• Hosur• Hubli• Indore• Jabalpur• Jaipur• Jalandhar• Jalgaon• Jalna• Jammu• Jamnagar• Jamshedpur• Jaunpur • Jhansi• Jodhpur• Junagadh• Kadapa• Kakinada• Kalyani• Kanchipuram• Kannur• Karimnagar • Karnal • Karur • Katni• Khammam

• Kharagpur• Kolhapur• Kolkata• Kollam• Kota• Kottayam• Kumbakonam• Kurnool • Lucknow• Ludhiana• Madurai• Malda• Manipal• Mapusa• Margao• Mathura• Meerut • Mehsana• Moga• Moradabad• Mumbai• Muzaffarpur• Mysore• Nagpur• Namakkal• Nandyal• Nasik• Navasari• Nellore• New Delhi • Noida• Ongole

• Palakkad• Palanpur• Panipat• Pathankot• Patiala• Patna• Pondicherry• Pune• Rae Bareli • Raipur• Rajahmundry• Rajkot• Ranchi• Ratlam• Ratnagiri• Rohtak• Roorkee• Ropar • Rourkela• Sagar• Saharanpur• Salem• Sambalpur• Sangli• Satara• Secunderabad• Shahjahanpur• Shimla • Shimoga• Siliguri• Sirsa • Sitapur

• Solan • Solapur• Sonepat• SriGanganagar• Srikakulam• Sultanpur • Surat• Surendranagar• Tanjore• Thane • Thiruppur• Thiruvalla• Tinsukia• Tirunelveli• Tirupathi• Trichy• Trivandrum• Tuticorin• Udaipur• Ujjain • Unjha • Vadodara• Valsad• Vapi• Varanasi• Vasco• Vellore• Vijayawada• Yamuna Nagar

CAMS Investor Service Centres and Transaction Pointsvisit www.camsonline.com for addresses

list of official Points of acceptance of Transactions*DSP BlackRock Investment Managers Private Limited - Investor Service Centres

Agra: ShantaTower,OfficeNo.12,1stFloor,BlockNo.E-14,16,SanjayPlace,Agra–282003.Ahmedabad: 3rdEYEONE,OfficeNo.301,3rdFloor,OppositeHavmorRestaurant,C.GRoad,Panchavati,Ahmedabad-380006.Bangalore: HMGenevaHouse,OfficeNo.104A-107,1stFloor,PlotNo.14,CunninghamRoad,Bangalore-560052.Bhopal: StarArcade,OfficeNo.302,3rdFloor,PlotNo.165Aand166,Zone-1,M.PNagar,Bhopal-462011.Bhubneshwar: LotusHouse,OfficeNo.3,2ndFloor,108/A,KharvelNagar,UnitIII,MasterCanteenSquare,Bhubaneshwar-751001.Chandigarh: SCO 2471 – 72, 1st Floor, Sector 22 – C, Chandigarh - 160022.Chennai: AlameluTerraces,OfficeNo.163,3rdFloor,AnnaSalai,Chennai–600002.Coimbatore: Tristar Towers, 657, East Wing, 1st Floor, Avinashi Road, Coimbatore - 641037.Dehradun: NCRPlaza,Groundfloor,OfficeNo.G12/A,(No.24-A)(NewNo.112/28,RavindranathTagoreMarg),NewCanttRoad,Hathibarhkala,Dehradun–248001.Goa: MathiasPlaza,4thFloor,18thJuneRoad,Panjim,Goa-403001.Guwahati: MayurGardens,OfficeNo.5,UpperGroundfloor,G.SRoad,NearABCBusStop,Guwahati-781005.Hubli: SonaChambers,SouthWing,OfficeNo.3,GroundFloor,ClubRoad,Hubli-580020.Hyderabad: MahavirChambers,OfficeNo.103,1stFloor,Himayatnagar,LibertyJunction,Hyderabad-500029.Indore: StarlitTower,OfficeNo.206,2ndFloor,29/1,Y.NRoad,Opp.S.BIndoreHeadOffice,Indore-452001.Jaipur: GreenHouse,OfficeNo.201to204,2ndFloor,O-15,AshokMarg,AboveAxisBank,C-Scheme,Jaipur-302001.Jamshedpur: ShantiNiketan, 2nd Floor, Main Road, P.O Bistupur, Jamshedpur - 831001.Jodhpur: KeshavBhawan,GroundFloor,OfficeNo.2,ChopasniRoad,NearHDFCBank,Jodhpur-342003.Kanpur: KANChambers,OfficeNo.701-703,7thFloor,14/113,CivilLines,Kanpur-208001.Kochi: AmrithaaTowers,OfficeNo.40/1045H1,6thFloor,Opp.MaharajasCollegeGround,M.GRoad,Kochi-682011.Kolkata: Shagun Mall Building, 10-A, 4th Floor, Shakespeare Sarani, Kolkata-700071.Lucknow: Speed Motors Building, 3rd Floor, 3 Shanazaf Road, Hazratganj, Lucknow - 226001.Ludhiana: SCO-29,1stFloor,FerozeGandhiMarket,PakhowalRoad,Ludhiana-141001.Mangalore: MaximusCommercialComplex,OfficeNo.UGI-5,UpperGroundFloor,LightHouseHillRoad,Opp.KMC,Mangalore-575001.Mumbai - Andheri: NATRAJ,OfficeNo.302,3rdFloor,PlotNo–194,MVRoadJunction,WesternExpressHighway,Andheri(East),Mumbai–400069.Mumbai (Nariman Point): Mafatlal Centre, 10th Floor, Nariman Point, Mumbai - 400021.Nagpur: Milestone,OfficeNo.108&109,1stFloor,RamdasPeth,WardhaRoad,Nagpur-440010.Nashik: Bedmutha’sNavkarHeights,OfficeNo.1&2,3rdFloor,NewPanditColony,SharanpurRoad,Nasik-422005.New Delhi (UGF): DrGopalDasBhavan,UpperGroundFloor,28BarakhambaRoad,NewDelhi-110001.Patna: OfficeNoL309&L310,ThirdFloor,DumraonPlace,FrazerRoad,Patna800001.Pune: CityMall,1stFloor,OfficeNo.109(A,B,C),UniversitySquare,UniversityRoad,Pune-411007.Raipur: MillenniumPlaza,OfficeNo.21,3rdFloor,PlotNo.13,BehindIndianCoffeeHouse,G.E.Road,Raipur-492001.Rajkot: HemArcade,OfficeNo.303,3rdFloor,OppositeSwamiVivekanandStatue,Dr.YagnikRoad,Rajkot-360001.Ranchi: ShrilokComplex,OfficeNo.106&109,1stFloor,PlotNo-1999&2000,4,HazaribaghRoad,Ranchi-834001Surat: InternationalTradeCentre(ITC),OfficeNo.G-28,GroundFloor,MajuraGateCrossing,RingRoad,Surat-395002.Trivandrum: Menamthottam Chambers, TC-2442(7), 2nd Floor, Pattom PO, Thiruvananthapuram – 695004Vadodara: NamanHouse,GroundFloor,1/2-B,HaribhaktiColony,Opp.RaceCoursePostOffice,RaceCourse,NearBirdCircle,Vadodara-390007.Vapi: BhikajiRegency,OfficeNo.3,1stFloor,OppositeDCBBank,Vapi–SilvasaRoad,Vapi–396195.Varanasi: ArihantComplex,7thFloor,D-64/127,C-H,Sigra,Varanasi-221010.Vizag: EswarArcade,CabinNo.1,1stFloor,47-11-1/5,DwarkaNagar,1stLane,Visakhapatnam-530016.

Sum

mar

y: k

ey F

eatu

res

of t

he s

chem

es (

as o

n M

arch

31,

201

4)

35

Stat

utor

y De

tails

: DSP

Bla

ckRo

ck M

utua

l Fun

d w

as se

t up

as a

Tru

st a

nd th

e se

ttlo

rs/s

pons

ors a

re D

SP A

DIKO

Hol

ding

s Pvt

. Ltd

. & D

SP H

MK

Hold

ings

Pvt

. Ltd

. (co

llect

ivel

y) a

nd B

lack

Rock

Inc.

(Com

bine

d lia

bilit

y re

stric

ted

to R

s. 1

lakh

). T

rust

ee: D

SP B

lack

Rock

Tru

stee

Co

mpa

ny P

vt. L

td. I

nves

tmen

t Man

ager

: DSP

Bla

ckRo

ck In

vest

men

t Man

ager

s Pvt

. Ltd

. Ris

k Fa

ctor

s: M

utua

l fun

ds, l

ike

secu

ritie

s inv

estm

ents

, are

subj

ect t

o m

arke

t and

oth

er ri

sks a

nd th

ere

can

be n

o as

sura

nce

that

the

Sche

me’

s obj

ectiv

es w

ill b

e ac

hiev

ed.

as w

ith a

ny in

vest

men

t in

sec

uriti

es, t

he N

av o

f Uni

ts is

sued

und

er t

he S

chem

e ca

n go

up

or d

own

depe

ndin

g on

the

fact

ors

and

forc

es a

ffec

ting

capi

tal m

arke

ts. P

ast

perf

orm

ance

of

the

spon

sor/

AMC/

mut

ual f

und

does

not

indi

cate

the

fut

ure

perf

orm

ance

ofthe

Schem

e.In

vestorsinthe

Schem

eareno

tbe

ingofferedaguaran

teed

orassuredrateofreturn.EachSchem

e/Plan

isreq

uiredtohave(i)minim

um20investorsan

d(ii)no

singleinvestorholding>25%

ofcorpus.Iftheaforesaidpo

int(i)isnotfulfilledwith

in

the

pres

crib

ed t

ime,

the

Sch

eme/

Plan

con

cern

ed w

ill b

e w

ound

up

and

in c

ase

of b

reac

h of

the

afo

resa

id p

oint

(ii)

at t

he e

nd o

f the

pre

scrib

ed p

erio

d, t

he in

vest

or’s

hol

ding

in e

xces

s of

25%

of t

he c

orpu

s w

ill b

e re

deem

ed a

s pe

r SE

BI g

uide

lines

. The

nam

es o

f the

Sc

hem

es d

o no

t in

any

man

ner

indi

cate

the

qual

ity o

f the

Sch

emes

, the

ir fu

ture

pro

spec

ts o

r re

turn

s. Forschem

especificris

kfactors,pleasereferthe

SID.F

orm

orede

tails,p

leasereferthe

KIMcum

App

licationForm

s,whichareavaila

bleon

theweb

site,w

ww.

dspb

lack

rock

.com

, and

at

the

ISCs

/Dis

trib

utor

s. M

utua

l Fun

d in

vest

men

ts a

re s

ubje

ct to

mar

ket r

isks

, rea

d al

l sch

eme

rela

ted

docu

men

ts c

aref

ully

.

RP: R

egul

ar P

lan,

IP: I

nstit

utio

nal P

lan,

DP:

Dire

ct P

lan.

^Re

dem

ptio

ns in

DSP

BRTS

F ar

e su

bjec

t to

a lo

ck-in

per

iod

of 3

yea

rs fr

om d

ate

of a

llotm

ent.

SIP

is a

vaila

ble

in a

ll th

e Pl

ans

men

tione

d ab

ove

exce

pt fo

r Pl

ans

unde

r DS

PBRL

F. S

WP/

STP

is av

aila

ble

in e

ach

plan

of a

ll sc

hem

es.

Min

imum

inst

allm

ent f

or S

IP/S

WP/

STP

(all

sche

mes

) : R

s. 5

00/-

. Min

imum

num

ber o

f ins

tallm

ent f

or S

IP (a

ll sc

hem

es e

xcep

t DSP

BRTS

F) :

12. M

inim

um n

umbe

r of i

nsta

llmen

t for

SIP

(DSP

BRTS

F) :

6. # M

onth

ly in

com

e is

not a

ssur

ed a

nd is

subj

ect t

o av

aila

bilit

y of

dist

ribut

able

surp

lus.

Investorsa

rere

questedtonotethatnofreshpu

rcha

se/a

ddition

alpurchase/

switc

hins/ST

P-inss

hallbe

accep

tedinth

eInstitu

tiona

lPlan(‘Discon

tinue

dplan

’)und

erDSPBR

EF,D

SPBR

TEF,DSPBR

OF,D

SPBR

ITF,DSPBR

TF,D

SPBR

SMF,DSPBR

MCF,D

SPBR

NRNE

F,DSPBR

WGF,D

SPBR

WEF,D

SPBR

WMF,

DSPB

RIOF

and

DSP

BRM

MF

and

Regu

lar P

lan

(‘Di

scon

tinue

d pl

an’)

und

er D

SPBR

LF a

nd D

SPBR

SBF.

How

ever

, the

rede

mpt

ion/

switc

h ou

t/Sy

stem

atic

With

draw

al P

lan

(‘SW

P’)/

Sys

tem

atic

Tra

nsfe

r Pla

n (‘

STP’

) - o

ut u

nder

Disc

ontin

ued

plan

will

be

proc

esse

d. In

vest

ors

in d

iscon

tinue

d pl

an

are

requ

este

d to

refe

r not

ice

date

d 28

/09/

2012

and

25/

10/2

012

for d

etai

ls ab

out d

iscon

tinue

d pl

an.

For C

urre

nt E

xpen

se ra

tio d

etai

ls of

all

the

Sche

mes

, Inv

esto

rs a

re re

ques

ted

to v

isit w

ww.

dspb

lack

rock

.com

With

eff

ect f

rom

Jan

uary

1, 2

013,

Dire

ct P

lan

has b

een

intr

oduc

ed in

all

the

Sche

mes

of D

SP B

lack

Rock

Mut

ual F

und.

Dire

ct P

lan

is a

sepa

rate

pla

n fo

r dire

ct in

vest

men

ts i.

e. in

vest

men

ts n

ot ro

uted

thro

ugh

a di

strib

utor

.

Note

: Inv

esto

rs a

re a

dvise

d to

refe

r to

the

Sche

me

Info

rmat

ion

Docu

men

t (SI

D), k

ey In

form

atio

n M

emor

andu

m (k

IM) a

nd a

dden

da is

sued

from

tim

e to

tim

e, to

kno

w th

e te

rms a

nd fe

atur

es o

f the

sche

mes

as p

reva

iling

on

the

date

of s

ubm

issio

n of

app

licat

ion

for s

ubsc

riptio

n/re

dem

ptio

n/sw

itch/

non-

finan

cial

tran

sact

ion.

FUND

NAM

EOP

TION

\PLA

N GR

OWTH

DI

VIDE

NDMO

NTHL

Y DI

VIDE

NDQU

ARTE

RLY

DIVI

DEND

WEE

KLY

DIVI

DEND

DAILY

DIV

REIN

VEST

PURC

HASE

(`

)EN

TRY

LOAD

EXIT

LOA

DPA

YOUT

REIN

VEST

PAYO

UTRE

INVE

STPA

YOUT

REIN

VEST

PAYO

UTRE

INVE

ST

DSPB

RLF

IP/D

Pü

ü

üü

5000

Not A

pplic

able

Nil

DSPB

RMMF

RP/D

Pü

üü

üü

üü

ü50

00No

t App

licab

leNi

l

DSPB

RIOF

RP/D

Pü

üü

üü

üü

üü

ü50

00No

t App

licab

leHo

ldin

g Pe

riod

<= 1

2 m

onth

s: 1

%Ho

ldin

g Pe

riod

> 12

mon

ths:

Nil

DSPB

RSTF

RP/

DPü

üü

üü

ü

50

00No

t App

licab

leHo

ldin

g Pe

riod

<= 6

mon

ths:

0.5

0%Ho

ldin

g Pe

riod

> 6

mon

ths:

Nil

DSPB

RSBF

IP/D

Pü

üü

üü

üü

ü50

00No

t App

licab

leHo

ldin

g Pe

riod

<= 7

cal

enda

r day

s: 0

.10%

Hold

ing

Perio

d >

7 ca

lend

ar d

ays:

Nil

DSPB

RBF

RP/

DPü

üü

üü

50

00No

t App

licab

leHo

ldin

g Pe

riod

<=12

mon

ths:

1%

Hold

ing

Perio

d >1

2 m

onth

s: N

il

DSPB

RGF

RP/

DPü

üü

üü

50

00No

t App

licab

leHo

ldin

g Pe

riod

<= 7

cal

enda

r day

s: 0

.10%

Hold

ing

Perio

d >

7 ca

lend

ar d

ays:

Nil

DSPB

RTBF

RP/

DPü

üü

üü

ü50

00No

t App

licab

leNi

l

DSPB

RMIP

F# R

P/DP

ü

ü

üü

ü

5000

Not A

pplic

able

Hold

ing

Perio

d <

12 m

onth

s: 1

%Ho

ldin

g Pe

riod

>= 1

2 m

onth

s: N

ilDS

PBRB

alF,

DSP

BREF

, DSP

BRTE

F,

DSPB

ROF,

DSP

BRIT

F, D

SPBR

SMF,

DS

PBRT

F, D

SPBR

NRNE

F,

DSPB

RWGF

, DSP

BRW

EF,

DSPB

RwMF

, DSP

BRF2

5F,

DSPB

RWAF

, DSP

BRUS

FEF

RP/

DPü

üü

50

00No

t App

licab

leHo

ldin

g Pe

riod

< 12

mon

ths:

1%

Hold

ing

Perio

d >=

12

mon

ths:

Nil

DSPB

RTSF

^ R

P/DP

üü

ü

500

Not A

pplic

able

Not A

pplic

able

DSPB

RMCF

R

P/DP

ü ü

ü

50

00No

t App

licab

leHo

ldin

g Pe

riod

< 24

mon

ths:

1%

Hold

ing

Perio

d >=

24

mon

ths:

Nil

DSPB

RBPD

FRP

/DP

üü

üü

üü

üü

üü

5000

Not A

pplic

able

Hold

ing

perio

d <=

1 m

onth

: 0.2

5%

Hold

ing

perio

d >

1 m

onth

: Nil

DSPB

RDAA

FRP

/DP

üü

ü50

00No

t App

licab

leHo

ldin

g Pe

riod

<= 1

yea

r: 1

%Ho

ldin

g Ho

ldin

g Pe

riod

> 1

year

& <

= 2

year

s: 0

.5%

Hold

ing

Perio

d >

2 ye

ars:

Nil

36

key Scheme Related Data as on Mar 31, 2014

DSP BlackRock Balanced Fund

DSP BlackRock Bond Fund

DSP BlackRock Equity Fund DSP BlackRock Income Opportunities Fund

DSP BlackRock Government

Securities Fund

DSP BlackRock India T.I.G.E.R. Fund (TheInfrastructureGrowthand

Economic Reforms Fund)

Regular Direct Regular Direct Regular Institutional Direct Regular Institutional Direct Regular Direct Regular Institutional Direct

1 Portfolio Turn Over Ratio

- For Purchase 1.03 N.A. 0.83 N.A. N.A. 0.61

- For Sale 1.19 N.A. 1.00 N.A. N.A. 0.71

2 Average Maturity (in years) 3.67 5.77 N.A. 1.49 8.14 N.A.

3 ModifiedDuration(inyears) 2.52 3.88 N.A. 1.19 5.31 N.A.

4 Total outstanding exposure to derivatives at the end of March 31, 2014

-Value(InRs.Lakh) - - 2108.06 - - -

- in percentage term (%) - - 1.18% - - -

5 Total NPAs provided for the Half Year of March 31, 2014 (Rs. lakh)

- - - - - -

6 Total investment in foreign securities/ADR/GDR(Rs.lakh)

- - - - - -

7 Total investment in illiquid shares/securities

-Value(InRs.Lakh) 0.00 - 0.00 - - -

- in percentage terms (%) 0.00% - 0.00% - - -

8 NetAssetVaue(NAV)(Rs.perUnit)

- As on September 30, 2013

G 64.5620 64.8280 37.2718 37.4763 15.3660 12.3230 15.4290 19.1535 1,744.6727 19.2470 37.7953 37.8709 35.5700 10.3340 35.6890

D 19.7840 19.8700 10.5260 10.5982 39.6650 - 43.8100 10.9189 1,040.2059 10.9323 10.8884 10.9636 11.5880 - 12.8430

QD - - - - - - - 10.1672 1,015.9158 10.1795 - - - - -

DD - - - - - - - 10.0936 1,009.3585 10.0936 - - - - -

WD - - - - - - - 10.1039 1,010.4511 10.1045 - - - - -

MD - - 10.7222 10.7955 - - - 10.1447 - 10.1484 9.8943 9.9584 - - -

- As on March 31, 2014

G 74.7010 75.2120 38.5803* 38.9180* 18.7360 15.0680 18.8650 20.1518* 1840.1984* 20.3009* 38.6325* 38.7581* 45.3510 13.2080 45.6150

D 20.6220 23.0530 10.7501* 10.8435* 43.7410 - 53.5670 11.2083* - 11.2373* 11.1297* 11.2198* 13.3950 - 16.4150

QD - - - - - - - 10.4362* - 10.4635* - - - - -

DD - - - - - - - 10.1004* 1010.0848* 10.1009* - - - - -

WD - - - - - - - 10.1076* - 10.1082* - - - - -

MD - - 10.8963* 10.9836* - - - 10.2781* - 10.2876* 10.1135* 10.1917* - - -

9 Aggregate dividend declared during the half year (Rs. per Unit)

- Individual/HUF

G - - - - - - - - - - - - - - -

D 2.200000 - 0.110812 0.123515 4.250000 - - 0.213131 21.214962 0.223027 - - 1.300000 - -

QD - - - - - - - 0.198480 20.719657 0.207598 - - - - -

DD - - - - - - - 0.394539 41.383487 0.413933 - - - - -

WD - - - - - - - 0.397221 29.086322 0.416857 - - - - -

MD - - 0.154763 0.173466 - - - 0.299786 - 0.315450 - - - - -

- Others

G - - - - - - - - - - - - - - -

D 2.200000 - 0.106127 0.118292 4.250000 - - 0.204120 20.318009 0.213598 - - 1.300000 - -

QD - - - - - - - 0.190089 19.843645 0.198821 - - - - -

DD - - - - - - - 0.377854 39.633823 0.396435 - - - - -

WD - - - - - - - 0.380425 27.856574 0.399231 - - - - -

MD - - 0.148220 0.166132 - - - 0.287111 - 0.302112 - - - - -

*ComputedNAVG=Growth,D=Dividend,QD=QuarterlyDividend,DD=DailyDividend,WD=WeeklyDividend,MD=MonthlyDividendPursuant to payments of dividend, the Nav of the Schemes would fall to the extent of payout, and statutory levy, if anyFor complete list of dividends, visit www.dspblackrock.com.

37


DSP BlackRock Liquidity Fund DSP BlackRock Micro Cap Fund

DSP BlackRock MIP Fund

DSP BlackRock Money Manager Fund DSP BlackRock Opportunities Fund

DSP BlackRock Short Term Fund

Regular Institutional Direct Regular Direct Regular Direct Regular Institutional Direct Regular Direct Regular Direct


- For Purchase N.A. 0.23 N.A. N.A. 0.66 N.A.

- For Sale N.A. 0.37 N.A. N.A. 0.76 N.A.

2 Average Maturity (in years) 0.13 N.A. 3.93 0.34 N.A. 1.62

3 ModifiedDuration(inyears) 0.12 N.A. 2.74 0.31 N.A. 1.34


-Value(InRs.Lakh) - - - - - -

- in percentage term (%) - - - - - -


- - - - - -


- - - - - -


-Value(InRs.Lakh) - - - - - -

- in percentage terms (%) - - - - - -



G 28.8988 1,753.7670 1,754.4152 14.4950 14.5650 23.1530 23.2799 1,661.9069 1,708.0037 1,669.4817 86.5940 86.9270 20.5662 20.6431

D - - - 8.8010 8.8450 - - 1,081.8291 - 1,086.7639 20.9810 24.5810 11.2002 11.2126

QD - - - - - 11.8276 11.8824 - - - - - - -

DD 10.0208 1,000.3727 1,000.3727 - - - - 1,002.6207 1,002.6208 1,002.6208 - - - -

WD 12.4238 1,001.4578 1,001.4634 - - - - 1,003.7762 1,003.8260 1,003.8261 - - 10.1936 10.1941

MD - - - - - 11.0726 11.2807 1,010.1655 - 1,010.8914 - - 10.9404 10.9511


G 30.2014* 1834.6753* 1835.8113* 20.0390 20.1990 24.5834* 24.7889* 1739.2510* 1791.5082* 1751.1029* 101.0670 101.7250 21.5941* 21.7290*

D - - - 12.1680 12.2660 - - 1132.1836* - 1139.9006* 20.9050 28.7660 11.4986* 11.4025*

QD - - - - - 12.3206* 12.4146* - - - - - - -

DD 10.0208* 1000.3161* 1000.3161* - - - - 1004.9059* 1004.9431* 1004.9431* - - - -

WD 12.4238* 1001.4454* 1001.4509* - - - - 1005.9819* 1006.0318* 1006.0318* - - 10.1987* 10.1995*

MD - - - - - 11.3594* 11.6141* 1022.1099* - 1023.3507* - - 11.0957* 11.1129*


- Individual/HUF

G - - - - - - - - - - - - - -

D - - - - - - - - - - 3.500000 - 0.198792 0.208845

QD - - - - - 0.180000 0.180000 - - - - - - -

DD 0.344184 35.216474 35.401950 - - - - 33.825534 35.550869 35.564717 - - - -

WD 0.426712 35.197724 35.393429 - - - - 33.899002 35.660579 35.660267 - - 0.383282 0.402909

MD - - - - - 0.300000 0.300000 26.681473 - 28.092423 - - 0.297059 0.313968

- Others

G - - - - - - - - - - - - - -

D - - - - - - - - - - 3.500000 - 0.190387 0.200015

QD - - - - - 0.172390 0.172390 - - - - - - -

DD 0.329630 33.727556 33.905174 - - - - 32.395414 34.047815 34.061069 - - - -

WD 0.408672 33.709591 33.897021 - - - - 32.465782 34.152875 34.152577 - - 0.367077 0.385873

MD - - - - - 0.287315 0.287315 25.553400 - 26.904694 - - 0.284500 0.300694

*ComputedNAVG=Growth,D=Dividend,QD=QuarterlyDividend,DD=DailyDividend,WD=WeeklyDividend,MD=MonthlyDividend# Monthly Income is not assured and is subject to availability of distributable surplus, Pursuant to payments of dividend, the Nav of the Schemes would fall to the extent of payout, and statutory levy, if anyFor complete list of dividends, visit www.dspblackrock.com.

38


DSP BlackRock Small and Mid Cap Fund

DSP BlackRock Strategic Bond Fund DSP BlackRock Tax Saver Fund

DSP BlackRock Technology.com Fund

DSP BlackRock Top 100 Equity Fund DSP BlackRock Treasury Bill Fund

DSP BlackRock Natural Resources & New

Energy FundRegular Direct Regular Institutional Direct Regular Direct Regular Direct Regular Institutional Direct Regular Direct Regular Direct


- For Purchase 0.52 N.A. 0.65 0.29 1.03 N.A. 0.50

- For Sale 0.68 N.A. 0.71 0.43 1.16 N.A. 0.65

2 Average Maturity (in years) N.A. 4.17 N.A. N.A. N.A. 0.51 N.A.

3 ModifiedDuration(inyears) N.A. 2.82 N.A. N.A. N.A. 0.47 N.A.


-Value(InRs.Lakh) - - - - 6950.74 - -

- in percentage term (%) - - - - 2.49% - -


- - - - - - -


- - - - - - 317.73


-Value(InRs.Lakh) - - - 0.00 - - -

- in percentage terms (%) - - - 0.00% - - -



G 16.3180 16.3900 1,523.3226 1,398.9349 1,403.0789 17.8990 17.8980 35.2760 35.4150 101.6910 14.1290 102.1080 24.9592 25.0018 11.1370 11.1770

D 11.4680 12.7700 1,042.5233 1,024.6133 1,046.5046 11.3100 12.7740 25.2580 25.3550 18.3020 12.4320 18.3830 11.4438 11.4553 9.1030 9.1350

QD - - - - - - - - - - - - - - - -

DD - - 1,005.8467 1,005.5523 1,010.0729 - - - - - - - 10.0492 10.0400 - -

WD - - 1,005.8463 1,006.1517 1,007.2729 - - - - - - - - - - -

MD - - 1,023.1326 1,026.2241 1,040.0180 - - - - - - - 10.2780 10.2881 - -


G 21.8240 21.9850 1579.9618* 1450.5874* 1457.4259* 21.4270 21.4760 40.2030 40.4720 118.0830 16.4500 118.8890 26.0231* 26.1001* 13.6490 13.7370

D 13.8580 17.1300 1067.4478* 1048.9629* 1072.5115* 12.1640 15.3320 25.8000 28.9750 19.2260 13.1410 20.4440 11.7019* 11.7220* 11.1570 11.2220

QD - - - - - - - - - - - - - - - -

DD - - 1021.3625* 1021.1021* 1023.2703* - - - - - - - 10.0628* 10.0466* - -

WD - - 1021.3626* 1021.3578* 1021.3983* - - - - - - - - - - -

MD - - 1034.6373* 1037.7237* 1051.9486* - - - - - - - 10.3829* 10.3961* - -


- Individual/HUF

G - - - - - - - - - - - - - - - -

D 1.400000 - 10.523670 10.254588 11.107423 1.250000 - 3.000000 - 1.900000 1.250000 0.900000 0.175414 0.180791 - -

QD - - - - - - - - - - - - - - - -

DD - - 16.894166 16.648464 19.949615 - - - - - - - 0.316606 0.331331 - -

WD - - 16.894096 16.941066 19.186103 - - - - - - - - - - -

MD - - 20.324099 20.214611 21.735438 - - - - - - - 0.254120 0.258484 - -

- Others

G - - - - - - - - - - - - - - - -

D 1.400000 - 10.078737 9.821031 10.637809 1.250000 - 3.000000 - 1.900000 1.250000 0.900000 0.167998 0.173147 - -

QD - - - - - - - - - - - - - - - -

DD - - 16.179893 15.944580 19.106160 - - - - - - - 0.303220 0.317310 - -

WD - - 16.179825 16.224811 18.374927 - - - - - - - - - - -

MD - - 19.464811 19.359952 20.816478 - - - - - - - 0.243376 0.247556 - -


39


DSP BlackRock World Energy Fund

DSP BlackRock World Gold Fund

DSP BlackRock World Mining Fund

DSP BlackRock Focus 25 Fund

DSP BlackRock World Agriculture Fund

DSP BlackRock US Flexible^ Equity Fund

DSP BlackRock Banking & PSU Debt

Fund

DSP BlackRock Dynamic Asset

Allocation FundRegular Direct Regular Direct Regular Direct Regular Direct Regular Direct Regular Direct Regular Direct Regular Direct


- For Purchase N.A. N.A. N.A. 1.45 N.A. N.A. N.A. N.A.

- For Sale N.A. N.A. N.A. 1.60 N.A. N.A. N.A. N.A.

2 Average Maturity (in years) N.A. N.A. N.A. N.A. N.A. N.A. 1.41 N.A.

3 ModifiedDuration(inyears) N.A. N.A. N.A. N.A. N.A. N.A. 1.21 N.A.


-Value(InRs.Lakh) - - - - - - - -

- in percentage term (%) - - - - - - - -


- - - - - - - -


11134.34 32067.14 2438.09 - 3697.88 11856.60 - -


-Value(InRs.Lakh) - - - - - - - -

- in percentage terms (%) - - - - - - - -



G 14.0838 14.1078 12.1527 12.1826 9.3290 9.3627 9.7360 9.7760 14.2097 14.2472 13.7433 13.8111 10.0866 10.0879 - -

D 14.0838 14.1078 9.9509 9.9790 9.3290 9.3627 9.7360 9.7760 14.2097 14.2472 13.7433 13.8111 10.0866 10.0879 - -

QD - - - - - - - - - - - - 10.0866 10.0879 - -

DD - - - - - - - - - - - - 10.0866 10.0879 - -

WD - - - - - - - - - - - - 10.0866 10.0879 - -

MD - - - - - - - - - - - - 10.0866 10.0879 - -


G 14.2386* 14.2803* 11.4805* 11.5327* 8.7165* 8.7681* 11.3880 11.4630 14.2741* 14.3352* 14.8845* 15.0023* 10.5759* 10.5958* 10.2234* 10.2367*

D 13.4762* 14.2803* 9.4004* 9.4462* 8.7165* 8.7681* 11.3880 11.4630 13.5171* 14.3352* 13.8859* 15.0023* 10.4281* 10.4398* 10.2234* 10.2367*

QD - - - - - - - - - - - - 10.4281* 10.4384* - -

DD - - - - - - - - - - - - 10.1667* 10.1669* - -

WD - - - - - - - - - - - - 10.1819* 10.1823* - -

MD - - - - - - - - - - - - 10.3004* 10.3036* - -


- Individual/HUF

G - - - - - - - - - - - - - - - -

D 0.584454 - - - - - - - 0.584454 - 0.779271 - 0.112449 0.119618 - -

QD - - - - - - - - - - - - 0.112449 0.119618 - -

DD - - - - - - - - - - - - 0.312351 0.327398 - -

WD - - - - - - - - - - - - 0.300918 0.315523 - -

MD - - - - - - - - - - - - 0.209779 0.222248 - -

- Others

G - - - - - - - - - - - - - - - -

D 0.559743 - - - - - - - 0.559743 - 0.746324 - 0.107695 0.114561 - -

QD - - - - - - - - - - - - 0.107695 0.114561 - -

DD - - - - - - - - - - - - 0.299141 0.313548 - -

WD - - - - - - - - - - - - 0.288196 0.302186 - -

MD - - - - - - - - - - - - 0.200910 0.212852 - -


^Theterm“Flexible”inthenameoftheSchemesignifiesthattheInvestmentManageroftheUnderlyingFundcaninvesteitheringrowthorvalueinvestmentcharacteristic securities placing an emphasis as the market outlook warrants.

March 2014

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Transcript of March 2014