punjab assam fairs. traditionally, businesses start this day with a new ledger, clearing out the...

Our factsheet this month marks the onset of spring when many parts of the country celebrate a fresh harvest and the beginning of a new solar year. In North India, particularly Punjab, this is celebrated as Baisakhi. The Bengali New Year celebration is popularly known as 'Poila Baisakh' (Bengali poila = first, Baisakh = the first month of the Bengali Calendar). The Bengali New Year begins at dawn, and the day is marked with singing, processions, and fairs. Traditionally, businesses start this day with a new ledger, clearing out the old. In Assam, Bihu denotes a set of three different cultural festivals celebrated by the Assamese diaspora around the world. The name of the celebration is thought to originate from Bi (to ask) and Shu (peace and prosperity) in the region's Dimasa language. Varushapirapu or the Tamil New Year, is celebrated in Tamil Nadu and Puducherry and marks the beginning of Chitterai, the first month of the Tamil solar calendar.

BAISAKHI PUNJAB

BIHUASSAM

VARUSHAPIRAPUTAMIL NADU

POILA BAISAKHWEST BENGAL

CELEBRATING PROSPERITYFACTSHEETMARCH - 2015

Please refer to page no 10 for statutory details 11

Debt Market Commentary for the month of March 2015

Equity Market Commentary for the month of March 2015

Domestic Market

The large cap indices corrected by more than 4% during the month; with Sensex being down by 4.3% and NSE-50 Index down by 4.6%. The broader indices showed resilience with BSE Mid Cap correcting by only 2% and BSE Small Cap index down by 3.3%.

Among BSE sector indices only Healthcare and Consumers posted positive returns. Healthcare index with 9% returns stood at the top of the table while Metals sector lost the most, down by 10.5%.

For the month, Rupee depreciated by almost 1% and closed at 62.50 against US dollar.

Domestic Macro Data

RBI in a surprise move cut the repo rate by 25bps taking it down to 7.5% citing signs of weakness in the economy. IIP data for January suggests the same slowdown as growth fell to 2.6% YoY vis-à-vis 3.2% YoY growth in December (revised up from 2.9% YoY). Capital goods expanded by 12.8%, basic goods rose by 4.5%. Consumer goods contracted by 1.9%, mining contracted by 2.8%. Electricity growth further slowed down to 2.7% in January.

India WPI inflation, in February, came in at -2.06% from -0.39% in January as it was in the deflationary zone for the fifth successive month due to the sharp fall in fuel index and fall in manufacturing commodities. This is lowest ever WPI reading (2004-05). CPI, however, for February came in at 5.37% higher than expectations - fuelled by food inflation which climbed to 6.76% compared with 6.1% in the previous month (vegetable prices rose 13% YoY in Feb due to unseasonal rains). Fuel inflation rose to 4.72% from 3.74%. Milk and milk products inflation was 9.21% YoY.

India’s current account deficit (CAD) narrowed to US$ 8.2 billion (1.6% of GDP) in Q3 of 2014-15 from US$ 10.1 billion (2.0% of GDP) in Q2 on a QoQ basis. However, on a YoY basis it doubled from US$ 4.2 billion (0.9% of GDP).

Global Markets

U.S. current account deficit (CAD) widened sharply in the fourth quarter to $113.5 billion from a revised $98.9 billion deficit in the third quarter. The CAD represented 2.6% of GDP, the highest since the fourth quarter of 2012, from 2.2% in the third quarter.

China’s industrial profits fell 4.2% in January-February from a year earlier as the economy slowed and profit margins deteriorated, moderating from an 8% drop in December but still the sharpest decline in the first two months since 2012.

Outlook

The month of March saw increased volatility as the markets seek next triggers – the March quarterly/ annual results should be the next trigger, we think. December quarter earnings from corporate India were largely disappointing. Net profits for the December quarter for a lot of companies reported a YoY decline. In fact adjusted net profits of the 30 companies of Sensex Index declined 5.8% YoY - one of the worst quarters in recent times. Even the companies in the broader indices (smaller companies) faced the same fate and members of the CNX Midcap also reported a 2.3% decline.

The markets however rallied in February, at the back of expectations from the Union Budget. Now post the sell-off in the month of March, markets have retraced to December 2014 levels and we consider this as extremely healthy. Even in this quarter we do not foresee any major pickup in earnings and hence the markets may consolidate around current levels. A pickup in earnings for corporate India, to our understanding, should start post September quarter and given that – any declines in stock prices should be used to create a portfolio of solid business franchises.

We look at corrections, in markets and hence individual stocks, as an opportunity to buy a company, the business of which we like, at cheaper valuations. We think that investors can use these corrections to allocate more money towards those companies which they were not able to buy (or buy enough) earlier due to high valuations.

Post the correction, markets trading at 16.5x one year forward earnings seem to offer a good opportunity for investors to create long term wealth.

Amit Nigam Head - Equities Source - Reuters, Bloomberg, RBI, Internal

Fixed Income Market

Global disinflation continues to linger on in the major economies of the world except the U.S. There is also the disinflationary push from low crude oil prices. In India there are still signs of disinflation, but readings are turning for some other indicators – notably CPI inflation. Unseasonal rains have caused some damage to crops, and the coming summer months is expected to lead to an

increase in inflation in food and vegetable prices.However, since the startof the new series of CPI, some positive base effects are expected after April 2015, and would act as a counter balance to seasonal summer food and vegetable price rise. Since the RBI’s mandate for this year’s CPI inflation is at 6% and the latest CPI print is 5.36%, there is still some headway available to RBI to ease.

The impending rate rise and the quantum and pace by the Federal Reserve, is the other factor that holds the most importance. Though the Fed has most recently forecast a less aggressive GDP path in the future, it has dropped the word ‘patience’ in holding rates from its statement. Most economists in the U.S., and

markets have veered around to the view that the Fed will first hike in September or October of 2015.

Keeping both these factors in mind, in our view, there is room for a further 25 bps cut in repo rate between now, and June, 2015. The exact timing will depend on RBI’s comfort with the inflation trajectory. However, once the Fed hikes rates, in our view, the RBI will prefer to let the first order and second order effects to filter through to the economy from the currency, inflation, and financial stability side, before taking any further call on bringing rates lower. Accordingly, by our expectation, a last 25 bps cut in rates is waiting to take shape by June 2015. After that, we don’t expect any further cuts for this calendar year.

Ramesh Rachuri Head - Fixed Income Source – Reuters, Bloomberg, RBI, Internal

Portfolio Holdings % of Net Assets RatingCertificate of Deposits 76.23

Punjab National Bank 13.22 CARE A1+

IDBI Bank Ltd 13.17 CRISIL A1+

Punjab & Sind Bank 13.13 ICRA A1+

Axis Bank Ltd 13.13 CRISIL A1+

Karur Vysya Bank Ltd 13.09 CRISIL A1+

Oriental Bank of Commerce 10.49 CRISIL A1+

Commercial Papers 39.29

National Engineering Industries Ltd 13.14 CARE A1+

Religare Securities Ltd 13.08 ICRA A1+

India Bulls Finance Company Pvt Ltd 13.07 CRISIL A1+

CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

-15.52

Total 100.00

PeriodPeerless Liquid

Fund - Super

Institutional Plan

CRISIL Liquid Fund

Index

1 Year Govt. T-Bill

Mar 28, 14 to Mar 31, 15 9.02% 8.98% 8.74%

Mar 28, 13 to Mar 28, 14 9.67% 9.46% 5.77%

Mar 30, 12 to Mar 31, 13 9.46% 8.17% 8.33%

Since Inception CAGR % 8.73% 8.17% 6.56%

Current Value of investment if Rs 10000/- was invested on Inception date (in Rupees)

15,344.28 14,943.97 13,842.35

Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Growth Option.

2

Portfolio as on March 31, 2015

(as on March 31, 2015)

Scheme Performance as on March 31, 2015

Fund Facts ObjectiveTo provide high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market & debt securities. However, there can be no assurance that the investment objective will be achieved. Inception Date Fund Size19th February 2010 ` 838.41 Crs (AAUM for Mar 15 Qtr)Asset Allocation Pattern Scheme FeaturesMoney Market Instruments: 60% to 100% Exit Load : NIL Debt Instruments: 0% to 40% Minimum Amount: ` 1,000/-, ` 1/-Fund ManagerMr. Ramesh Rachuri: Total experience 12 years, managing this fund from November, 2014

Dividend History (Monthly)

Scheme / PlanRecord

Date

Net Dividend (`per unit) Cum Dividend Nav (in `)

Individual/HUF

Corporate

Peerless Liquid Fund - Direct Plan - Monthly Dividend

27-Mar-15 4.99868056 - 1007.9948

Peerless Liquid Fund - Super Institutional Plan - Monthly Dividend

27-Mar-15 4.74278257 - 1007.7934


27-Feb-15 4.52901482 - 1007.5327


27-Feb-15 4.65422111 - 1007.6728


30-Jan-15 5.95052631 - 1009.8421


30-Jan-15 5.92887465 - 1009.4276

Rating Profile % WeightageCRISIL A1+/ICRA A1+/CARE A1+/Sovereign 115.52


-15.52

Maturity Profile % WeightageBelow or equal to 91 days 115.52


-15.52

Scheme Performance vis-a-vis Benchmark (%)

Asset Allocation

76.23%39.29%

-15.52% Certificate of DepositsCommercial PaperCBLO/Reverse Repo/Net Current Assets/Cash/ Cash Equivalent

Average Maturity (Yrs) .............................................................................. 0.14Modified Duration (Yrs) .............................................................................. 0.09

Please refer to page no 10 for statutory details

Please refer to page no. 8 for tax on dividend distributionPlease refer to page no. 11 for Product LabellingFace Value changed from Rs.10/- to Rs.1000/- with effect from 21st September 2014.

Net Assets Value (NAV) as on March 31, 2015 (in `)

Plan / OptionSuper

Institutional PlanRetail Plan Direct Plan

Growth 1534.4281 1400.0000 1536.3721Daily Dividend 1001.2900 - 1001.2900Weekly Dividend 1000.7759 - 1000.8522Monthly Dividend 1002.3006 - 1002.0898

Peerless Ultra Short Term Fund -Super Institutional Plan - Growth

CRISIL Liquid Fund IndexAdditional Benchmark Returns # # (%)

Mar 28, 14 to Mar 31, 15

Mar 28, 13 to Mar 28, 14

Mar 30, 12 to Mar 31, 13

Since Inception - CAGR (%)

9.46

8.17 8.33 8.73 8.17

6.56

9.67 9.46

5.77

9.02 8.988.74




PeriodPeerless Ultra Short Term Fund - Super Institutional Plan

CRISIL Liquid Fund

Index

1 Year Govt. T-Bill

Mar 28, 14 to Mar 31, 15 8.99% 8.98% 8.74%

Mar 28, 13 to Mar 28, 14 8.98% 9.46% 5.77%

Mar 30, 12 to Mar 31, 13 9.89% 8.17% 8.33%



15,382.62 14,943.97 13,842.35

Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Growth Option.


Rating Profile % WeightageCRISIL A1+/CARE A1+/ICRA A1+/FITCH A1+ 82.22CARE AA-/CRISIL A+ 17.00CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

0.78

Maturity Profile % WeightageBelow 1 Year 99.22CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

0.78

Average Maturity (Yrs) ............................................................................. 0.41Modified Duration (Yrs) ............................................................................. 0.39

Please refer to page no. 8 for tax on dividend distributionPlease refer to page no. 11 for Product LabellingFace Value changed from Rs. 10/- to Rs.1000/- with effect from 22nd September 2014.

Net Assets Value (NAV) as on March 31, 2015 (in `)

Plan / OptionSuper

Institutional PlanRetail Plan Direct Plan

Growth 1538.2619 1443.2399 1551.4680

Daily Dividend 1005.4600 - 1006.6500

Weekly Dividend 1004.8491 - 1005.5616

Monthly Dividend 1007.5505 - 1014.8696

ObjectiveTo provide optimal returns & liquidity to the investors by investing primarily in a mix of money market & short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety & liquidity. However, there can be no assurance that the investment objective of the scheme will be achieved.Inception Date Fund Size19th February, 2010 ` 190.35 Crs (AAUM for Mar 15 Qtr)Asset Allocation Pattern Scheme FeaturesMoney Market Instruments: 70% to 100% Exit Load : NIL Debt Instruments: 0% to 30% Minimum Amount: ` 1,000 /-, ` 1/-Fund ManagerMr. Ramesh Rachuri: Total experience 12 years, managing this fund from November, 2014

Fund Facts

Scheme / PlanRecord

Date

Net Dividend (`per unit)

Cum Dividend Nav (in `)

Individual/HUF

Corporate

Peerless Ultra Short Term Fund - Direct Plan - Monthly Dividend

27-Mar-15 4.93222523 4.57431303 1019.5201

Peerless Ultra Short Term Fund - Super Institutional Plan - Monthly Dividend

27-Mar-15 4.89667322 4.54103067 1012.2116


27-Feb-15 4.93383454 4.57531491 1019.7858

Peerless Ultra Short Term Fund - Retail Plan - Monthly Dividend

27-Feb-15 4.95040162 - 1009.4093


27-Feb-15 4.90022449 4.54417942 1012.7861


30-Jan-15 5.55785443 5.15459662 1021.1575

Peerless Ultra Short Term Fund - Retail Plan - Monthly Dividend

30-Jan-15 3.89169700 - 1010.3991


30-Jan-15 4.90407306 4.54781481 1013.6123


Asset Allocation

Certificate of Deposits

Commercial Papers

Non ConvertibleDebentures/ Floating RateNotes/ Bonds

CBLO/Reverse Repo/Net Current Assets/Cash/Cash Equivalent

31.79%

0.78%

17.00%

50.43%

Scheme Performance vis-a-vis Benchmark (%)

Portfolio Holdings % of Net Assets RatingCertificate of Deposits 50.43Indusind Bank Ltd 21.18 FITCH A1+Bank of India 15.18 CRISIL A1+

Canara Bank 12.12 CRISIL A1+

South Indian Bank Ltd 1.95 CARE A1+Commercial Papers 31.79Reliance Capital Ltd 16.09 CRISIL A1+Housing Development Finance Corporation Ltd 15.70 ICRA A1+

Non Convertible Debentures/ Floating Rate Notes/ Bonds

17.00

Century Textiles & Industries Ltd 13.40 CARE AA-Reliance Infrastructure Ltd 3.60 CRISIL A+


0.78

Total 100.00

Peerless Liquid Fund - SuperInstitutional Plan - Growth

CRISIL Liquid Fund IndexAdditional Benchmark Returns # # (%)

Mar 28, 2014 to Mar 31, 2015

8.99 8.98

8.74

Mar 28, 2013 to Mar 28, 2014

8.989.46

5.77

Mar 30, 2012 to Mar 31, 2013

9.89

8.17 8.33


8.788.17 6.56


PeriodPeerless

Short Term Fund - Regular Growth

CRISIL Short Term Debt Index

1 Year Govt. T-Bill

Mar 28, 14 to Mar 31, 15 9.34% 10.31% 8.74%

Mar 28, 13 to Mar 28, 14 8.63% 8.78% 5.77%

Mar 30, 12 to Mar 31, 13 9.99% 9.05% 8.33%



15,528.30 14,667.39 13,842.35

Past performance may or may not be sustained in futureReturns are absolute. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

Bonus was declared in Peerless Short Term Fund In the ratio 1:3 – Regular Bonus Option for record date Friday 28th March, 2014.Cum – Bonus NAV - Rs. 14.1828Ex – Bonus NAV - Rs. 10.6394

Please refer to page no. 8 for tax on dividend distributionPlease refer to page no. 11 for Product Labelling


Fund FactsObjectiveTo generate income & capital appreciation by investing in a diversified protfolio of debt and money market securities. However, there can be no assurance that the in-vestment objective of the scheme will be achieved. Inception Date Fund Size18th August, 2010 ` 91.81 Crs (AAUM for Mar 15 Qtr)Asset Allocation Pattern Scheme FeaturesMoney Market Instruments: 25% to 100% Exit Load : NIL Minimum Amount - ` 1000/-, ` 1/- Fund ManagerMr. Ramesh Rachuri: Total experience 12 years, managing this fund from November, 2014


Scheme / PlanRecord

Date


Individual/HUF

Corporate

Peerless Short Term Fund - Direct Monthly Dividend

10-Mar-15 0.05339663 0.04951025 11.0335

Peerless Short Term Fund - Monthly Dividend

10-Mar-15 0.05255015 0.04873499 10.8602


10-Feb-15 0.05334542 0.04947590 11.0289


10-Feb-15 0.05255304 0.04873680 10.8578


9-Jan-15 0.05334522 0.04947590 11.0283


9-Jan-15 0.05255308 0.04873512 10.8619

Dividend History (Quarterly)

Scheme / PlanRecord

Date


Individual/HUF

Corporate

Peerless Short Term Fund - Direct Quarterly Dividend

22-Jan-15 0.15969246 - 11.1140

Peerless Short Term Fund - Quarterly Dividend

22-Jan-15 0.15243139 0.14135969 10.8871


21-Oct-14 0.25404742 - 11.1869


21-Oct-14 0.25405231 0.23559960 10.9921


5-May-14 0.16335685 - 11.1785


5-May-14 0.16364699 0.15672796 10.8127

Rating Profile % Weightage

CRISIL A1+/CRISIL AAA/CARE A1+/CARE AAA/FITCH A1+ 74.54

CARE AA/FITCH AA-(SO)/CARE AA- 23.86


1.60

Maturity Profile % WeightageBelow 1 year 59.56

Above 1 Year 38.84


1.60

Average Maturity (Yrs) ............................................................................. 1.07 Modified Duration (Yrs) ............................................................................. 0.94

Asset Allocation

Certificate Deposits

CBLO/Reverse Repo/Net Current Assets/Cash/ Cash Equivalent

Non ConvertibleDebentures/floating RateNotes/Bonds

58.57%

39.83%1.60%

Scheme Performance vis-a-vis Benchmark (%)Peerless Short Term Fund - Growth CRISIL Short Term Debt Index

Additional Benchmark Returns # # (%)

Mar 30, 2012 to Mar 31, 2013

9.999.05

8.33


9.99

8.647.29

Mar 28, 2013 to Mar 28, 2014

8.63 8.78

5.77

Mar 28, 2014 to Mar 31, 2015

9.34

10.31

8.74

Portfolio as on March 31, 2015Portfolio Holdings % of Net Assets Rating

Certificate of Deposits 39.83

South Indian Bank Ltd 20.39 CARE A1+

Indusind Bank Ltd 8.52 FITCH A1+

Oriental Bank of Commerce 5.64 CRISIL A1+

Canara Bank 5.28 CRISIL A1+


58.57

Jyothy Laboratories Ltd 19.25 CARE AA-

Power Finance Corporation Ltd 11.82 CRISIL AAA

Indiabulls Housing Finance Ltd 11.48 CARE AAA

Small Industries Dev Bank of India 11.41 CARE AAA

ECL Finance Ltd 2.33 CARE AA

Others 2.28


1.60

Total 100.00

Net Assets Value (NAV) as on March 31, 2015 (in `) Plan / Option Regular Plan Direct Plan

Growth 15.5283 15.8266

Monthly Dividend 10.8471 11.0218

Quarterly Dividend 10.8361 11.0614

Bonus 11.6387 15.8235


Period Peerless

Flexible Income Fund - Regular Growth

CRISIL Composite Bond

Fund Index

10 Year dated GOI Security

Mar 28, 14 to Mar 31, 15 6.69% 14.54% 14.50%

Mar 28, 13 to Mar 28, 14 4.03% 4.32% -1.01%


Fund FactsObjectiveThe primary investment objective of the scheme is to generate reasonable returns through active duration management of the portfolio, while maintaining liquidity by investing in debt instruments including bonds, debentures & Govt. Securities and money market instruments over various maturity periods. Inception Date Fund Size21st August, 2012 ` 31.56 Crs (AAUM for Mar 15 Qtr)Asset Allocation Pattern Scheme FeaturesMoney Market Instruments: 0 to 100% Exit Load : NILDebt Instruments: 0 to 100% Minimum Amount: ` 1,000/- , ` 1/-Fund Manager Mr. Ramesh Rachuri: Total experience 12 years, managing this fund from November, 2014

Portfolio Holdings % of Net Assets Rating

Certificate of Deposits 27.56

Indusind Bank Ltd 27.56 FITCH A1+

Sovereign Securities 80.39

8.40% GOI (MD 28/07/2024) 28.81 Sovereign

8.15% GOI (MD 24/11/2026) 21.37 Sovereign

9.20% GOI (MD 30/09/2030) 15.44 Sovereign

8.60% GOI (MD 02/06/2028) 14.77 Sovereign

Fixed Deposit 5.52


-13.47

Total 100.00


Rating Profile % WeightageFITCH A1+/Sovereign 113.47


-13.47

Maturity Profile % WeightageBelow 1 year 33.08Above 1 Year 80.39CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

-13.47


Scheme / PlanRecord

Date


Individual/HUF

Corporate

Peerless Flexible Income Fund-Dividend Option-Direct Monthly Dividend

10-Jul-13 0.16008741 - 10.2115

Peerless Flexible Income Fund-Dividend Option-Monthly Dividend

10-Jul-13 0.04675609 0.04478483 10.0699

Peerless Flexible Income Fund-Dividend Option-Monthly Dividend

10-Jun-13 0.09351267 0.08955192 10.1495

Average Maturity (Yrs) .............................................................................. 9.65 Modified Duration (Yrs) .............................................................................. 5.16


Scheme Performance vis-a-vis Benchmark (%)Peerless Flexible IncomeFund - Growth

CRISIL Composite Bond Fund IndexAdditional Benchmark Returns # # (%)

Mar 28, 2014 to Mar 31, 2015

6.69

14.54 14.50

Dec 31, 12 to Dec 31, 13

4.034.32

-1.01

Scheme / PlanRecord

Date


Individual/HUF

Corporate

Peerless Flexible Income Fund-Dividend Option-Direct Quarterly Dividend

3-May-13 0.43797219 0.37316218 10.7199

Peerless Flexible Income Fund-Dividend Option-Quarterly Dividend

3-May-13 0.17518888 0.14926487 10.3064

Peerless Flexible Income Fund-Dividend Option-Quarterly Dividend

4-Feb-13 0.35239527 0.3020122 10.4709



Growth 11.7352 11.9947





Certificate of Deposits

Sovereign Securities

Fixed DepositCBLO/Reverse Repo/Net Current Assets/Cash/Cash Equivalent

5.52%

27.56%-13.47%

80.39%

Asset Allocation


Portfolio Holdings % of Net Assets Rating/ IndustryEquity 19.89HDFC Bank Ltd 1.40 Banks Housing Development Finance Corporation Ltd 1.19 Finance Oil & Natural Gas Corporation Ltd 1.00 Oil Bharat Petroleum Corporation Ltd 0.97 Petroleum Products Kotak Mahindra Bank Ltd 0.95 Banks Asian Paints Ltd 0.88 Consumer Non Durables Bharat Electronics Ltd 0.85 Industrial Capital Goods Bajaj Auto Ltd 0.80 Auto ITC Ltd 0.77 Consumer Non Durables Jyothy Laboratories Ltd 0.77 Consumer Non Durables Others 10.31Debt 67.85Certificate of Deposits 4.79South Indian Bank Ltd 4.79 CARE A1+Non Convertible Debentures/ Floating Rate Notes/ Bonds

53.67

Religare Enterprises Ltd 14.33 FITCH AA-Export Import Bank of India 6.28 CRISIL AAAIndia Infoline Housing Finance Ltd 6.25 CRISIL AA-Dewan Housing Finance Corporation Ltd 6.09 CARE AAACentury Textiles & Industries Ltd 5.42 CARE AA-Others 15.30Sovereign Securities 9.398.40% GOI (MD 28/07/2024) 6.28 Sovereign8.15% GOI (MD 24/11/2026) 3.11 SovereignInvestment in Mutual Fund Units 9.17Fixed Deposit 0.60CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

2.49

Total 100.00


PeriodPeerless

Income Plus Fund - Regular Growth

CRISIL MIP Blended Fund

Index


Mar 28, 14 to Mar 31, 15 13.67% 16.39% 14.50%

Mar 28, 13 to Mar 28, 14 8.93% 6.44% -1.01%

Mar 30, 12 to Mar 31, 13 8.30% 9.06% 11.25%



14,875.30 14,817.50 13,677.65

Past performance may or may not be sustained in futureReturns are absolute.The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan-Growth Option.


Fund FactsObjectiveTo generate regular income through a portfolio of predominantly high quality fixed income securities and with a marginal exposure to equity & equity related securities. However, there can be no assurance that the investment objective of the scheme will be achieved. Inception Date Fund Size29th July, 2010 ` 84.96 Crs (AAUM for Mar 15 Qtr)Asset Allocation Pattern Scheme FeaturesDebt - 80% to 98% Exit Load : NIL Equity - 2% to 20% Minimum Amount: ` 1,000/- , ` 1/- Fund ManagerMr. Ramesh Rachuri & Mr. Amit Nigam : Total experience 12 years & 13 years respectively. Mr. Ramesh is managing this fund since November 2014 & Mr. Amit is managing this fund from November, 2014.

Scheme / PlanRecord

Date


Individual/HUF

Corporate

Peerless Income Plus Fund-Dividend Option-Direct Monthly Dividend

27-Mar-15 0.05521982 - 11.4086

Peerless Income Plus Fund-Dividend Option-Monthly Dividend

27-Mar-15 0.05268842 0.04885941 10.8852


27-Feb-15 0.05559200 - 11.5217


27-Feb-15 0.05307822 0.04922255 11.0008


30-Jan-15 0.05611011 - 11.5828


30-Jan-15 0.05364142 0.04974580 11.0698


Average Maturity (Yrs) .............................................................................. 4.63

Modified Duration (Yrs) .............................................................................. 3.23

Asset Allocation

Non ConvertibleDebentures/floating RateNotes/Bonds

Equity

4.79%

19.89%

53.67%

9.17%

9.39%0.60%

2.49%

CBLO/Reverse Repo/Net Current Assets/Cash/ Cash EquivalentSovereign Securities

Mutual Fund Units

Certificate Deposits

Fixed Deposit


Rating Profile % WeightageCRISIL AAA/CARE AAA/CARE A1+/Sovereign 42.09

CRISIL AA-/CARE AA-/FITCH AA-/CRISIL A+ 26.36

Equity/Mutual Fund Units 29.06


2.49

Maturity Profile % WeightageBelow 1 Year 11.17

Above 1 Year 57.28


2.49


Growth Option 14.8753 15.2261



Sector Classification - Equity (%)% of Net Assets

3.02

Cons

umer

Non

Du

rabl

es

Bank

s

2.992.01

Cons

umer

Du

rabl

es

2.54

Fina

nce

1.14

Auto

Anc

illar

ies

1.66

Indu

stria

l Pr

oduc

ts

0.94

Cem

ent

Petr

oleu

m

Prod

ucts

0.97

Gas

0.610.85

Indu

stria

l Cap

ital

Good

s

Auto

0.800.92

Pharmaceu

ticals

0.44

Engi

neer

ing

Serv

icesOil

1.00

Peerless Income Plus Fund - Percentage contribution of B15 cities to AUM is 52.44 as on Mar 31, 2015


Scheme / PlanRecord

Date


Individual/HUF

Corporate

Peerless Income Plus Fund-Dividend Option-Direct Quarterly Dividend

22-Jan-15 0.18869611 - 12.1083

Peerless Income Plus Fund-Dividend Option-Quarterly Dividend

22-Jan-15 0.18146622 0.16828549 11.5837


21-Oct-14 0.21786318 - 11.7862


21-Oct-14 0.21775945 0.20194264 11.3333


5-May-14 0.46755518 - 11.2592


5-May-14 0.46756314 0.44779455 11.1221


Portfolio Holdings % of Net Assets Rating/Industry

Equity 24.10

HDFC Bank Ltd 1.81 Banks

Housing Development Finance Corporation Ltd 1.50 Finance

Bharat Petroleum Corporation Ltd 1.25 Petroleum Products

Kotak Mahindra Bank Ltd 1.24 Banks

Asian Paints Ltd 1.06 Consumer Non Durables

Indusind Bank Ltd 1.05 Banks

Bajaj Auto Ltd 1.00 Auto

Titan Company Limited 0.98 Consumer Durables

Sundaram Finance Ltd 0.96 Finance

Jyothy Laboratories Ltd 0.95 Consumer Non Durables

Others 12.30

Exchange Traded Fund 15.61

Goldman Sachs Mutual Fund 15.61

Debt 49.13


49.13

Religare Enterprises Ltd 16.55 FITCH AA-

Power Grid Corporation of India Ltd 8.18 CRISIL AAA

Power Finance Corporation Ltd 8.16 CRISIL AAA

LIC Housing Finance Ltd 8.14 CRISIL AAA

Rural Electrification Corporation Ltd 8.10 CRISIL AAA

CBLO (including TBill held as collateral)/ Reverse Repo/ Net Current Assets/Cash/ Cash Equivalent

11.16

Total 100.00


PeriodPeerless MF Child Plan -

Regular Growth

CRISIL MIP Blend-ed Fund Index +

Gold (85:15)


Mar 28, 14 to Mar 31, 15 12.17% 13.20% 14.50%

Mar 28, 13 to Mar 28, 14 5.96% 3.85% -1.01%

Mar 30, 12 to Mar 31, 13 6.29% 8.05% 11.25%


Current Value of invest-ment if Rs 10000/- was invested on Inception date

14,178.00 13,422.00 12,912.15

Past performance may or may not be sustained in futureReturns are absolute.The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.


Fund FactsObjective

To generate long term capital appreciation through a portfolio of fixed income secu-rities, equity and equity related securities and Gold Exchange Traded Funds. How-ever, there can be no assurance that the investment objective of the scheme will be achieved.

Inception Date Fund Size

5th April, 2011 ` 12.80 Crs (AAUM for Mar 15 Qtr)

Asset Allocation Pattern Scheme Features

Debt: 60% to 80% Exit Load : NIL Equity & Gold: 5% to 35% Minimum Amount: ` 1,000/- , ` 1/-

Fund ManagerMr. Ramesh Rachuri & Mr. Amit Nigam : Total experience 12 years & 13 years respectively. Mr. Ramesh is managing this fund since November 2014 & Mr. Amit is managing this fund from November, 2014.

Average Maturity (Yrs) .............................................................................. 3.22

Modified Duration (Yrs) .............................................................................. 2.60

Asset Allocation

24.10%

15.61%49.13%

11.16%

Exchange Traded Fund

Equity

Non ConvertibleDebentures/Floating RateNotes/Bonds

CBLO/Reverse Repo/Net Current Assets/Cash/ Cash Equivalent

Rating Profile % WeightageCRISIL AAA 32.58FITCH AA- 16.55Equity/Exchange Traded Fund / Mutual Fund 39.71CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

11.16

Maturity Profile % WeightageAbove 1 Year 49.13CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent

11.16

Net Assets Value (NAV) as on March 31, 2015 (in `) ^Plan / Option Regular Plan Direct Plan

Growth Option 14.1780 14.4510Monthly Dividend 14.1824 14.4102Quarterly Dividend 14.1758 14.3827


Sector Classification - Equity (%)

Auto

Petr

oleu

mPr

oduc

ts

Engi

neer

ing

Ser

vice

s

Indu

stria

l Cap

ital

Goo

ds Oil

Indu

stria

lPr

oduc

ts

Gas

Auto

Anc

illar

ies

Fina

nce

Cons

umer

Dur

able

s

Pharmaceu

ticals

Bank

s

Cons

umer

Non

Dur

able

s

Cem

ent

4.10

3.653.28 2.62 2.08 1.53 1.25 1.23 1.06 1.00 0.74 0.63 0.50 0.43

Peerless MF Child Plan - Percentage contribution of B15 cities to AUM is 73.03 as on Mar 31, 2015


PeriodPeerless Equity Fund - Regular

GrowthCNX NIFTY CNX NIFTY

Mar 28, 14 to Mar 31, 15 30.04% 26.65% 26.65%

Mar 28, 13 to Mar 28, 14 13.71% 17.98% 17.98%

Mar 30, 12 to Mar 31, 13 8.34% 7.31% 7.31%



16,560.50 17,167.76 17,167.76


Portfolio Holdings% of Net Assets

Industry

Equity 99.71

HDFC Bank Ltd 7.35 Banks

Housing Development Finance Corporation Ltd 5.93 Finance

Kotak Mahindra Bank Ltd 4.91 Banks

Asian Paints Ltd 4.45 Consumer Non Durables

Indusind Bank Ltd 4.33 Banks

Bajaj Auto Ltd 4.06 Auto

Oil & Natural Gas Corporation Ltd 3.96 Oil

Bharat Electronics Ltd 3.85 Industrial Capital Goods

Motherson Sumi Systems Ltd 3.85 Auto Ancillaries

Titan Company Limited 3.81 Consumer Durables

ITC Ltd 3.75 Consumer Non Durables

Bharat Petroleum Corporation Ltd 3.73 Petroleum Products

Havells India Ltd 3.65 Consumer Durables

Sundaram Finance Ltd 3.57 Finance

Jyothy Laboratories Ltd 3.53 Consumer Non Durables

Shree Cements Ltd 3.38 Cement

Repco Home Finance Ltd 3.30 Finance

Indraprastha Gas Ltd 3.14 Gas

Bata India Ltd 3.09 Consumer Durables

Nestle India Ltd 3.00 Consumer Non Durables

Others 19.07

Investment in Mutual Fund Units 10.54

CBLO (including TBill held as collateral)/ Reverse Repo/ Net Current Assets/Cash/ Cash Equivalent

-10.25

Total 100.00

Portfolio as on March 31, 2015 Scheme Performance as on March 31, 2015

Fund FactsObjective

To generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of equity & equity related securities. However, there can be no assurance that the investment objective will be achieved. Inception Date Fund Size28th September, 2011 ` 52.11 Crs (AAUM for Mar 15 Qtr)Asset Allocation Pattern Scheme FeaturesEquity: 80% to 100% Exit Load: NIL Debt: 0% to 20% Minimum Amount: ` 1,000/- , ` 1/-Fund ManagerMr. Amit Nigam – Experience 13 Years, managing this fund from November, 2014

Please refer to page no. 11 for Product Labelling


Growth Option 16.5605 16.9859Monthly Dividend 15.4965 15.8976

Ratios* ............................................................. arMarch 15Standard Deviation (%) ................................................................................. 14.96Sharpe Ratio~ ................................................................................. 1.17Beta ................................................................................. 0.92

Aut

o

3.14

14.73

Bank

s

Cem

ent

4.064.31

Gas

16.59

Cons

umer

Non

D

urab

les

10.55

Cons

umer

Dur

able

s

8.35

Indu

stria

lCa

pita

l Goo

ds

12.80

Fina

nce

3.85

Oil

3.96

Petr

oleu

mPr

oduc

ts

6.46

Pharmaceu

ticals

4.82

Aut

o An

cilla

ries

3.73En

gine

erin

g S

ervi

ces

2.36

Indu

stria

l Cap

ital

Goo

dsSector Classification - Equity (%)

% of Net Assets

Tax on Dividend Distribution Nature Individual/HUF Domestic Companies

Liquid 28.325% 33.990%

Debt 28.325% 33.990%

Equity Nil Nil Note: Above rates are inclusive of surcharge and cess.

From 1st October 2014, DDT is calculated on Gross dividend distributed.

Asset Allocation

Equity

Investment in Mutual Fund Units

CBLO/Reverse Repo/Net Current Assets/Cash/ Cash Equivalent99.71%

10.54%

-10.25%

Peerless Equity Fund - Percentage contribution of B15 cities to AUM is 54.74 as on 31st March 2015

Scheme / PlanRecord

Date


Individual/HUF

Corporate

Peerless Equity Fund - Direct Dividend option

26-Nov-14 1.00000000 - 15.9212

Peerless Equity Fund - Dividend option

26-Nov-14 1.00000000 - 15.6173

Dividend History

*Statistical returns based on weekly returns over the past one year data as on Mar 31, 2015~ 91-D Treasury Bill has been assumed as the risk-free rate of return.


Sche

me

Nam

eFu

nd T

ype

Allo

tmen

t Dat

eIn

vest

men

t Obj

ecti

veBe

nchm

ark

Fund

M

anag

erPl

ans

Ava

ilabl

eO

ption

sD

iv

Rein

vest

Initi

al

Purc

hase

A

mt(

min

)

Extr

a In

itial

Pur

chas

e ab

ove

min

. in

mul

tipl

es

Add

ition

al

Purc

hase

am

t.A

dditi

onal

Pur

chas

e in

mul

tipl

es a

bove

Exit

Loa

d

Peer

less

Liq

uid

Fund

An

Ope

n En

ded

Liqu

id S

chem

e19

th F

ebru

ary,

20

10To

pro

vide

a h

igh

leve

l of l

iqui

dity

with

re

ason

able

retu

rns

com

men

sura

ting

with

low

ris

k th

roug

h a

portf

olio

of

mon

ey m

arke

t and

deb

t sec

uriti

es.

How

ever

, the

re c

an b

e no

ass

uran

ce

that

the

inve

stm

ent o

bjec

tive

of th

e sc

hem

e w

ill b

e ac

hiev

ed

Cris

il Li

quid

Fu

nd In

dex

Mr.

Ram

esh

Rach

uri

Supe

r In

stitu

tiona

l Pl

an/D

irect

Gro

wth

/Dai

ly

Div

iden

d/W

eekl

y D

ivid

end/

Mon

thly

D

ivid

end

Yes

Supe

r In

situ

tiona

l Pl

an/D

irect

: `

1000

/- e

ach

Supe

r In

stitu

tiona

l Pl

an/D

irect

: Mul

tiple

s of

` 1

/- th

erea

fter

Supe

r In

stitu

tiona

l Pl

an/D

irect

: `

100/

-

Supe

r In

stitu

tiona

l Pl

an/D

irect

: M

ultip

les

of `

1/-

th

erea

fter

Nil

Peer

less

Ultr

a Sh

ort T

erm

Fu

nd

An

Ope

n En

ded

Deb

t Sch

eme

19th

Feb

ruar

y,

2010

To p

rovi

de o

ptim

al re

turn

s an

d liq

uidi

ty

to th

e in

vest

ors

by in

vesti

ng p

rim

arily

in

a m

ix o

f mon

ey m

arke

t and

sho

rt

term

deb

t ins

trum

ents

whi

ch re

sults

in

a p

ortf

olio

hav

ing

mar

gina

lly h

ighe

r m

atur

ity a

s co

mpa

red

to a

liqu

id fu

nd

at th

e sa

me

time

mai

ntai

ning

a b

alan

ce

betw

een

safe

ty a

nd li

quid

ity. H

owev

er,

ther

e ca

n be

no

assu

ranc

e th

at th

e in

vest

men

t obj

ectiv

e of

the

sche

me

will

be

ach

ieve

d

Cris

il Li

quid

Fu

nd In

dex

Mr.

Ram

esh

Rach

uri

Supe

r In

stitu

tiona

l Pl

an/D

irect

Gro

wth

/Dai

ly

Div

iden

d/W

eekl

y D

ivid

end/

Mon

thly

D

ivid

end

Yes

Supe

r In

situ

tiona

l Pl

an/D

irect

: `

1000

/- e

ach

Supe

r In

stitu

tiona

l Pl

an/D

irect

: Mul

tiple

s of

` 1

/- th

erea

fter

Supe

r In

stitu

tiona

l Pl

an/D

irect

: `

100/

-

Supe

r In

stitu

tiona

l Pl

an/D

irect

: M

ultip

les

of `

1/-

th

erea

fter

Nil

Peer

less

Sho

rt

Term

Fun

dA

n O

pen

Ende

d D

ebt S

chem

e18

th A

ugus

t, 2

010

To g

ener

ate

inco

me

and

capi

tal

appr

ecia

tion

by in

vesti

ng in

a d

iver

sifie

d po

rtfol

io o

f deb

t and

mon

ey m

arke

t se

curi

ties.

How

ever

, the

re c

an b

e no

as

sura

nce

that

the

inve

stm

ent o

bjec

tive

of th

e sc

hem

e w

ill b

e ac

hiev

ed

Cris

il Sh

ort

Term

Deb

t In

dex

Mr.

Ram

esh

Rach

uri

Regu

lar/

Dire

ctG

row

th/M

onth

ly

Div

iden

d/Q

uart

erly

D

ivid

end

Bonu

s

Yes

` 10

00/-

eac

hM

ultip

les

of `

1/-

th

erea

fter

` 10

0/-

Mul

tiple

s of

` 1

/-

ther

eaft

erN

il

Peer

less

Fl

exib

le In

com

e Fu

nd

An

Ope

n En

ded

Deb

t Sch

eme

21st

Aug

ust,

201

2Th

e pr

imar

y in

vest

men

t obj

ectiv

e of

th

e sc

hem

e w

ill e

ndea

vour

to g

ener

ate

reas

onab

le re

turn

s th

roug

h ac

tive

dura

tion

man

agem

ent o

f the

por

tfol

io,

whi

le m

aint

aini

ng li

quid

ity b

y in

vesti

ng

in d

ebt i

nstr

umen

ts in

clud

ing

bond

s,

debe

ntur

es a

nd G

over

nmen

t sec

uriti

es

and

mon

ey m

arke

t ins

trum

ents

ove

r va

riou

s pe

riod

s. H

owev

er th

ere

is

no a

ssur

ance

or

guar

ante

e th

at th

e in

vest

men

t obj

ectiv

e of

the

sche

me

will

be

achi

eved

. The

sch

eme

does

not

as

sure

or

guar

ante

e an

y re

turn

s

CRIS

IL

Com

posi

te

Bond

Fun

d In

dex

Mr.

Ram

esh

Rach

uri

Regu

lar/

Dire

ctG

row

th/M

onth

ly

Div

iden

d/Q

uart

erly

D

ivid

end

Yes

` 10

00/-

eac

hM

ultip

les

of `

1/-

th

erea

fter

` 10

0/-

Mul

tiple

s of

` 1

/-

ther

eaft

erN

il

Peer

less

In

com

ePl

us F

und

An

Ope

n En

ded

Deb

t Sch

eme

29th

July

, 201

0To

gen

erat

e re

gula

r In

com

e th

roug

h a

portf

olio

of p

redo

min

antly

hig

h qu

ality

fix

ed in

com

e se

curi

ties

and

with

the

mar

gina

l exp

osur

e to

equ

ity a

nd e

quity

re

late

d se

curi

ties.

How

ever

, the

re is

no

ass

uran

ce o

r gu

aran

tee

that

the

inve

stm

ent o

bjec

tive

of th

e sc

hem

e w

ill b

e ac

hiev

ed. T

he s

chem

e do

es n

ot

assu

re o

r gu

aran

tee

any

retu

rns

Cris

il M

IP

Blen

ded

Fund

In

dex

Mr.

Ram

esh

Rach

uri &

Mr.

Am

it N

igam

Regu

lar/

Dire

ctG

row

th/M

onth

ly

Div

iden

d/Q

uart

erly

D

ivid

end

Yes

` 10

00/-

eac

hM

ultip

les

of `

1/-

th

erea

fter

` 10

0/-

Mul

tiple

s of

` 1

/-

ther

eaft

erN

IL

Peer

less

MF

Child

Pla

nA

n O

pen

Ende

d D

ebt S

chem

e05

th A

pril,

201

1To

gen

erat

e lo

ng te

rm c

apita

l ap

prec

iatio

n th

roug

h a

portf

olio

of

fixed

inco

me

secu

ritie

s, e

quity

and

eq

uity

rela

ted

secu

ritie

s an

d G

old

Exch

ange

Tra

ded

Fund

s, H

owev

er, t

here

is

no

assu

ranc

e or

gua

rant

ee th

at th

e in

vest

men

t obj

ectiv

e of

the

sche

me

will

be

achi

eved

. The

sch

eme

does

not

as

sure

or

guar

ante

e an

y re

turn

s

Cris

il M

IP

Blen

ded

Inde

x +

Pric

e of

Gol

d in

th

e ra

tio 8

5:15

Mr.

Ram

esh

Rach

uri &

Mr.

Am

it N

igam

Regu

lar/

Dire

ctG

row

th/M

onth

ly

Div

iden

d/Q

uart

erly

D

ivid

end

Yes

` 10

00/-

eac

hM

ultip

les

of `

1/-

th

erea

fter

` 10

0/-

Mul

tiple

s of

` 1

/-

ther

eaft

erN

IL

Peer

less

Equ

ity

Fund

An

Ope

n En

ded

Equi

ty S

chem

e28

th S

epte

mbe

r, 20

11To

gen

erat

e lo

ng te

rm c

apita

l ap

prec

iatio

n by

inve

sting

in a

n ac

tivel

y m

anag

ed p

ortf

olio

pre

dom

inan

tely

co

nsis

ting

of e

quity

and

equ

ity re

late

d sc

enar

io. H

owev

er th

ere

is n

o as

sura

nce

or g

uara

ntee

that

the

inve

stm

ent

obje

ctive

of t

he s

chem

e w

ill b

e ac

hiev

ed. T

he s

chem

e do

es n

ot a

ssur

e or

gua

rant

ee a

ny re

turn

s

CNX

Nift

yM

r. A

mit

Nig

amRe

gula

r/D

irect

Gro

wth

/Div

iden

dYe

s`

1000

/- e

ach

Mul

tiple

s of

` 1

/-

ther

eaft

er`

1/-

Mul

tiple

s of

` 1

/-

ther

eaft

erN

IL

FUN

DS

AT A

GLA

NCE

FO

R PE

ERLE

SS M

UTU

AL

FUN

D

This

fact

she

et is

for

info

rmat

onal

pur

pose

onl

y an

d un

der

no c

ircum

stan

ces

is to

be

used

or

cons

ider

ed a

s an

inve

stm

ent a

dvic

e.

Sche

me

Nam

eM

inim

um

Rede

mpti

onM

in

Rede

mpti

on

unit

s

Rede

mpti

on

Payo

ut

Cycl

e

SIP

SIP

Freq

uenc

ySI

P M

in a

mt

SIP

Min

no.

of C

hqs

SIP

Star

ting

Dat

eSI

P M

ulti

ples

of

SWP

SWP

Freq

uenc

ySW

P M

in. a

mt

SWP

Star

ting

Dat

eST

PST

P Fr

eque

ncy

STP

Min

Am

tST

P St

arti

ng D

ate

Peer

less

Liq

uid

Fund

`

1000

/- a

nd in

mul

tiple

s of

` 1

/-th

erea

fter

or

acco

unt b

alan

cew

hich

ever

is lo

wer

NA

T+1

Yes

Fort

nigh

tly

Mon

thly

, Q

uart

erly

&

Hal

f Yea

rly

Fort

nigh

tly- `

500

50

0 M

onth

ly- `

500

Q

uart

erly

- ` 1

000

Hal

f Yea

rly-

` 2

000

Fort

nigh

tly 2

4 in

stal

lmen

ts, M

onth

ly 1

2 -in

stal

lmen

ts,Q

uart

erly

4

inst

allm

ents

,Hal

f Yea

rly

2 in

stal

lmen

ts

Fort

nigh

tly, e

very

al

tern

ate

wed

nesd

ay

1st,

7th,

10th

,15t

h, 2

0th,

25

th o

f eve

ry m

onth

/qu

arte

r an

d ha

lf ye

arly

Mul

tiple

s of

` 1

/-

ther

eaft

er

Yes

Mon

thly

an

d Q

uart

erly

Mon

thly

- ` 5

00/-

Q

uart

erly

- ` 1

500/

- M

onth

ly: 5

th o

f the

m

onth

; Qua

rter

ly 5

th

of A

pril,

July

, Oct

ober

, Ja

nuar

y

Yes

Dai

ly, W

eekl

y,

fort

nigh

tly

and

Mon

thly

Dai

ly -

` 50

/-

Fort

nigh

tly

Wee

kly

&

Mon

thly

`

500

Dai

ly, W

eekl

y (e

very

Wed

nesd

ay)

Fort

nigh

tly (e

very

al

tern

ate

Wed

nesd

ay)

Mon

thly

(as

on

spec

ified

dat

es)

Peer

less

Ultr

a Sh

ort T

erm

Fu

nd

` 10

00/-

and

inm

ultip

les

of `

1/-

ther

eaft

er o

r ac

coun

t bal

ance

whi

chev

eris

low

er

NA

T+1

Yes

Fort

nigh

tly

Mon

thly

, Q

uart

erly

&

Hal

f Yea

rly

Fort

nigh

tly- `

500

50

0 M

onth

ly- `

500

Q

uart

erly

- ` 1

000

Hal

f Yea

rly-

` 2

000

Fort

nigh

tly 2

4 in

stal

lmen

ts, M

onth

ly 1

2 -in

stal

lmen

ts,Q

uart

erly

4

inst

allm

ents

,Hal

f Yea

rly

2 in

stal

lmen

ts

Fort

nigh

tly, e

very

al

tern

ate

wed

nesd

ay

1st,

7th,

10th

,15t

h, 2

0th,

25

th o

f eve

ry m

onth

/qu

arte

r an

d ha

lf ye

arly

Mul

tiple

s of

` 1

/-

ther

eaft

er

Yes

Mon

thly

and

Q

uart

erly

Mon

thly

- ` 5

00/-

Q

uart

erly

- ` 1

500/

- M

onth

ly: 5

th o

f the

m

onth

; Qua

rter

ly 5

th

of A

pril,

July

, Oct

ober

, Ja

nuar

y

Yes

Dai

ly, W

eekl

y,

fort

nigh

tly

and

Mon

thly

Dai

ly -

` 50

/-

Fort

nigh

tly

Wee

kly

&

Mon

thly

`

500

Dai

ly, W

eekl

y (e

very

Wed

nesd

ay)

Fort

nigh

tly (e

very

al

tern

ate

Wed

nesd

ay)

Mon

thly

(as

on

spec

ified

dat

es)

Peer

less

Sho

rt

Term

Fun

d`

1000

/- a

nd in

mul

tiple

s of

` 1

/-th

erea

fter

100

units

or

acco

unt b

alan

ce

whi

chev

er is

lo

wer

T+1

Yes

Fort

nigh

tly

Mon

thly

, Q

uart

erly

&

Hal

f Yea

rly

Fort

nigh

tly- `

500

50

0 M

onth

ly- `

500

Q

uart

erly

- ` 1

000

Hal

f Yea

rly-

` 2

000

Fort

nigh

tly 2

4 in

stal

lmen

ts, M

onth

ly 1

2 -in

stal

lmen

ts,Q

uart

erly

4

inst

allm

ents

,Hal

f Yea

rly

2 in

stal

lmen

ts

Fort

nigh

tly, e

very

al

tern

ate

wed

nesd

ay

1st,

7th,

10th

,15t

h, 2

0th,

25

th o

f eve

ry m

onth

/qu

arte

r an

d ha

lf ye

arly

Mul

tiple

s of

` 1

/-

ther

eaft

er

Yes

Mon

thly

an

d Q

uart

erly

Mon

thly

- ` 5

00/-

Q

uart

erly

- ` 1

500/

- M

onth

ly: 5

th o

f the

m

onth

; Qua

rter

ly 5

th

of A

pril,

July

, Oct

ober

, Ja

nuar

y

Yes

Dai

ly, W

eekl

y,

fort

nigh

tly

and

Mon

thly

Dai

ly -

` 50

/-

Fort

nigh

tly

Wee

kly

&

Mon

thly

`

500

Dai

ly, W

eekl

y (e

very

Wed

nesd

ay)

Fort

nigh

tly (e

very

al

tern

ate

Wed

nesd

ay)

Mon

thly

(as

on

spec

ified

dat

es)

Peer

less

Fl

exib

le In

com

e Fu

nd

` 10

00/-

and

inm

ultip

les

of `

1/-

ther

eaft

er

100

units

or

acco

unt b

alan

ce

whi

chev

er is

lo

wer

T+1

Yes

Fort

nigh

tly

Mon

thly

, Q

uart

erly

&

Hal

f Yea

rly

Fort

nigh

tly- `

500

50

0 M

onth

ly- `

500

Q

uart

erly

- ` 1

000

Hal

f Yea

rly-

` 2

000

Fort

nigh

tly 2

4 in

stal

lmen

ts, M

onth

ly 1

2 -in

stal

lmen

ts,Q

uart

erly

4

inst

allm

ents

,Hal

f Yea

rly

2 in

stal

lmen

ts

Fort

nigh

tly, e

very

al

tern

ate

wed

nesd

ay

1st,

7th,

10th

,15t

h, 2

0th,

25

th o

f eve

ry m

onth

/qu

arte

r an

d ha

lf ye

arly

Mul

tiple

s of

` 1

00/-

th

erea

fter

Yes

Mon

thly

and

Q

uart

erly

Mon

thly

- ` 5

00/-

Q

uart

erly

- ` 1

500/

- M

onth

ly: 5

th o

f the

m

onth

; Qua

rter

ly 5

th

of A

pril,

July

, Oct

ober

, Ja

nuar

y

Yes

Dai

ly, W

eekl

y,

fort

nigh

tly

and

Mon

thly

Dai

ly -

` 50

/-

Fort

nigh

tly

Wee

kly

&

Mon

thly

`

500

Dai

ly, W

eekl

y (e

very

Wed

nesd

ay)

Fort

nigh

tly (e

very

al

tern

ate

Wed

nesd

ay)

Mon

thly

(as

on

spec

ified

dat

es)

Peer

less

In

com

e Pl

us

Fund

` 10

00/-

and

inm

ultip

les

of `

1/-

ther

eaft

er

100

units

or

acco

unt b

alan

ce

whi

chev

er is

lo

wer

T+2

Yes

Fort

nigh

tly

Mon

thly

, Q

uart

erly

&

Hal

f Yea

rly

Fort

nigh

tly- `

500

50

0 M

onth

ly- `

500

Q

uart

erly

- ` 1

000

Hal

f Yea

rly-

` 2

000

Fort

nigh

tly 2

4 in

stal

lmen

ts, M

onth

ly 1

2 -in

stal

lmen

ts,Q

uart

erly

4

inst

allm

ents

,Hal

f Yea

rly

2 in

stal

lmen

ts

Fort

nigh

tly, e

very

al

tern

ate

wed

nesd

ay

1st,

7th,

10th

,15t

h, 2

0th,

25

th o

f eve

ry m

onth

/qu

arte

r an

d ha

lf ye

arly

Mul

tiple

s of

` 1

/-

ther

eaft

er

Yes

Mon

thly

an

d Q

uart

erly

Mon

thly

- ` 5

00/-

Q

uart

erly

- ` 1

500/

- M

onth

ly: 5

th o

f the

m

onth

; Qua

rter

ly 5

th

of A

pril,

July

, Oct

ober

, Ja

nuar

y

Yes

Dai

ly, W

eekl

y,

fort

nigh

tly

and

Mon

thly

Dai

ly -

` 50

/-

Fort

nigh

tly

Wee

kly

&

Mon

thly

`

500

Dai

ly, W

eekl

y (e

very

Wed

nesd

ay)

Fort

nigh

tly (e

very

al

tern

ate

Wed

nesd

ay)

Mon

thly

(as

on

spec

ified

dat

es)

Peer

less

MF

Child

Pla

n`

1000

/- a

nd in

mul

tiple

s of

` 1

/-th

erea

fter

100

units

or

acco

unt b

alan

ce

whi

chev

er is

lo

wer

T+3

Yes

Fort

nigh

tly

Mon

thly

, Q

uart

erly

&

Hal

f Yea

rly

Fort

nigh

tly- `

500

50

0 M

onth

ly- `

500

Q

uart

erly

- ` 1

000

Hal

f Yea

rly-

` 2

000

Fort

nigh

tly 2

4 in

stal

lmen

ts, M

onth

ly 1

2 -in

stal

lmen

ts,Q

uart

erly

4

inst

allm

ents

,Hal

f Yea

rly

2 in

stal

lmen

ts

Fort

nigh

tly, e

very

al

tern

ate

wed

nesd

ay

1st,

7th,

10th

,15t

h, 2

0th,

25

th o

f eve

ry m

onth

/qu

arte

r an

d ha

lf ye

arly

Mul

tiple

s of

` 1

00/-

th

erea

fter

Yes

Mon

thly

and

Qua

rter

ly

Mon

thly

- ` 5

00/-

Q

uart

erly

- ` 1

500/

- M

onth

ly: 5

th o

f the

m

onth

; Qua

rter

ly 5

th

of A

pril,

July

, Oct

ober

, Ja

nuar

y

Yes

Dai

ly, W

eekl

y,

fort

nigh

tly

and

Mon

thly

Dai

ly -

` 50

/-

Fort

nigh

tly

Wee

kly

&

Mon

thly

`

500

Dai

ly, W

eekl

y (e

very

Wed

nesd

ay)

Fort

nigh

tly (e

very

al

tern

ate

Wed

nesd

ay)

Mon

thly

(as

on

spec

ified

dat

es)

Peer

less

Equ

ity

Fund

` 10

00/-

and

inm

ultip

les

of `

1/-

ther

eaft

er

100

units

or

acco

unt b

alan

ce

whi

chev

er is

lo

wer

T+3

Yes

Fort

nigh

tly

Mon

thly

, Q

uart

erly

&

Hal

f Yea

rly

Fort

nigh

tly- `

500

50

0 M

onth

ly- `

500

Q

uart

erly

- ` 1

000

Hal

f Yea

rly-

` 2

000

Fort

nigh

tly 2

4 in

stal

lmen

ts, M

onth

ly 1

2 -in

stal

lmen

ts,Q

uart

erly

4

inst

allm

ents

,Hal

f Yea

rly

2 in

stal

lmen

ts

Fort

nigh

tly, e

very

al

tern

ate

wed

nesd

ay

1st,

7th,

10th

,15t

h, 2

0th,

25

th o

f eve

ry m

onth

/qu

arte

r an

d ha

lf ye

arly

Mul

tiple

s of

` 1

00/-

th

erea

fter

Yes

Mon

thly

an

d Q

uart

erly

Mon

thly

- ` 5

00/-

Q

uart

erly

- ` 1

500/

- M

onth

ly: 5

th o

f the

m

onth

; Qua

rter

ly 5

th

of A

pril,

July

, Oct

ober

, Ja

nuar

y

Yes

Dai

ly, W

eekl

y,

fort

nigh

tly

and

Mon

thly

Dai

ly -

` 50

/-

Fort

nigh

tly

Wee

kly

&

Mon

thly

`

500

Dai

ly, W

eekl

y (e

very

Wed

nesd

ay)

Fort

nigh

tly (e

very

al

tern

ate

Wed

nesd

ay)

Mon

thly

(as

on

spec

ified

dat

es)

FUN

DS

AT A

GLA

NCE

FO

R PE

ERLE

SS M

UTU

AL

FUN

D

This

fact

she

et is

for

info

rmat

onal

pur

pose

onl

y an

d un

der

no c

ircum

stan

ces

is to

be

used

or

cons

ider

ed a

s an

inve

stm

ent a

dvic

e.

Not

e: T

he T

rust

ee w

ill e

ndea

vor

to d

ecla

re th

e D

ivid

end

as p

er th

e sp

ecifi

ed fr

eque

ncie

s, s

ubje

ct to

ava

ilabi

lity

of d

istr

ibut

able

sur

plus

cal

cula

ted

in a

ccor

danc

e w

ith th

e Re

gula

tions

. The

act

ual d

ecla

ratio

ns o

f Div

iden

d an

d fr

eque

ncy

will

inte

r-al

ia d

epen

d on

ava

ilabi

lity

of d

istr

ibut

able

sur

plus

cal

cula

ted

in a

ccor

danc

e w

ith S

EBI (

MF)

Regu

latio

ns a

nd th

e de

cisi

ons

of th

e Tr

uste

e sh

all b

e fin

al in

this

rega

rd. T

here

is n

o as

sura

nce

or g

uara

ntee

to th

e U

nit h

olde

rs a

s to

the

rate

of D

ivid

end

nor

that

the

Div

iden

d w

ill b

e pa

id re

gula

rly.

Div

iden

d pa

yabl

e un

der

Div

iden

d Pa

yout

opti

on (W

eekl

y O

ption

) is

equa

l to

or le

ss th

an `

500

then

the

Div

iden

d w

ould

be

com

puls

orily

re

inve

sted

in th

e op

tion

of th

e Sc

hem

e. In

cas

e an

inve

stor

fails

to s

peci

fy h

is p

refe

renc

e of

Pla

ns/S

ub P

lans

/Opti

ons

in th

e be

low

men

tione

d sc

hem

es, t

he d

efau

lt Pl

an/S

ub P

lan/

Opti

ons

wou

ld b

e as

abo

ve.

Any

info

rmati

on h

erei

n co

ntai

ned

does

not

con

stitu

te a

nd s

hall

be d

eem

ed n

ot to

con

stitu

te a

n ad

vice

, an

offer

to s

ell/

pur

chas

e or

as

an in

vita

tion

or s

olic

itatio

n to

do

so fo

r any

sec

uriti

es o

f any

enti

ty, a

nd fu

rthe

r, Pe

erle

ss F

unds

Man

agem

ent C

o. L

td. (

PFM

CL).

Its

subs

idia

ries

/ a

ffilia

tes/

spo

nsor

s /

trus

tee

(Pee

rles

s Fu

nds

Man

agem

ent

Co L

td. G

roup

) or t

heir

offi

cers

, em

ploy

ees,

per

sonn

el, d

irect

ors

may

be

asso

ciat

ed in

a c

omm

erci

al, p

rofe

ssio

nal o

r per

sona

l cap

acity

or m

ay h

ave

a co

mm

erci

al in

tere

st in

clud

ing

as p

ropr

ieta

ry tr

ader

s in

or w

ith s

ecur

ities

and

/ o

r com

pani

es o

r iss

ues

or m

atter

s as

con

tain

ed in

this

pub

licati

on a

nd s

uch

com

mer

cial

cap

acity

or i

nter

est

whe

ther

or

not d

iffer

ing

with

or

confl

ictin

g w

ith th

is p

ublic

ation

, sha

ll no

t mak

e or

rend

er (P

FMCL

Gro

up) l

iabl

e in

any

man

ner

wha

tsoe

ver

& (P

FMCL

Gro

up) o

r an

y of

thei

r offi

cers

, em

ploy

ees,

per

sonn

el, d

irect

ors

shal

l not

be

liabl

e fo

r an

y lo

ss, d

amag

e, li

abili

ty w

hats

oeve

r fo

r an

y di

rect

or

indi

rect

loss

ari

sing

from

the

use

or a

cces

s of

any

info

rmati

on th

at m

ay b

e di

spla

yed

in th

is p

ublic

ation

form

tim

e to

tim

e. R

ecip

ient

s of

the

info

rmati

on c

onta

ined

her

ein

shou

ld e

xerc

ise

due

care

and

cau

tion

and

read

the

Sche

me

info

rmati

on D

ocum

ent(

s) a

nd S

tate

men

t of A

dditi

onal

info

rmati

on (i

nclu

ding

if n

eces

sary

, obt

aini

ng th

e ad

vice

of t

ax/

lega

l/ac

coun

ting/

fina

ncia

l/

othe

r pr

ofes

sion

als)

pri

or to

taki

ng o

f any

dec

isio

n, a

cting

or

omitti

ng to

act

, on

the

basi

s of

the

info

rmati

on c

onta

ined

her

ein.

The

pri

nting

and

mai

ling

cost

this

new

slett

er is

cha

rged

to th

e re

spec

tive

sche

mes

sub

ject

to S

ecur

ities

& E

xcha

nge

Boar

d of

Indi

a (M

utua

l Fun

ds) R

egul

ation

s, 1

996.

CARE

Rati

ng M

etho

dolo

gy: P

eerl

ess

Liqu

id F

und,

Pee

rles

s U

ltra

Shor

t Ter

m F

und

& P

eerl

ess

Flex

ible

Inco

me

Fund

hav

e be

en a

ssig

ned

“Cre

dit R

isk

Ratin

g A

AA

mfs

” by

CA

RE R

ating

(Cre

dit A

naly

sis

and

Rese

arch

Lim

ited)

CA

RE’s

fund

cre

dit q

ualit

y ra

tings

are

opi

nion

s on

the

over

all c

redi

t qua

lity

of s

peci

fic d

ebt m

utua

l fun

d. T

he ra

ting

capt

ures

fund

’s o

vera

ll ex

posu

re to

def

ault

risk

. CA

RE u

ses

the

conc

ept o

f cre

dit s

core

s, a

ssig

ned

to in

divi

dual

sec

uriti

es, a

s pe

r cr

edit

scor

ing

mat

rix

deve

lope

d by

CA

RE. T

he s

core

is e

ssen

tially

a fu

nctio

n of

the

cred

it qu

ality

and

ratin

g of

sec

urity

and

its

inte

rnal

resi

dual

mat

urity

. The

ratin

g in

clud

es a

sses

smen

t of v

ario

us q

ualit

ative

fa

ctor

s in

clud

ing

man

agem

ent q

ualit

y an

d m

anag

emen

t inf

orm

ation

sys

tem

s an

d ri

sk m

anag

emen

t sys

tem

s in

var

ious

ope

ratio

nal a

reas

. CA

RE re

view

s th

e re

late

d m

utua

l fun

d on

an

ongo

ing

basi

s to

sup

port

its

publ

ishe

d ra

ting

opin

ions

. A d

etai

led

met

hodo

logy

can

be

sour

ced

from

ww

w.c

arer

ating

s.co

m o

r Cre

dit A

naly

sis

& R

esea

rch

Ltd.

Stat

utor

y de

tails

: Pee

rles

s M

utua

l Fun

d ha

s be

en e

stab

lishe

d as

a T

rust

und

er th

e In

dian

Tru

sts

Act

, 188

2, s

pons

ored

by

The

Peer

less

Gen

eral

Fin

ance

& In

vest

men

t Com

pany

Lim

ited

(liab

ility

rest

rict

ed to

Rs

1 La

kh).

Trus

tee:

Pee

rles

s Tr

ust M

anag

emen

t Com

pany

Lim

ited

Inve

stm

ent M

anag

er: P

eerl

ess

Fund

s M

anag

emen

t Com

pany

Lim

ited

(the

AM

tC)

MU

TUA

L FU

ND

INV

ESTM

ENTS

ARE

SU

BJEC

T TO

MA

RKET

RIS

KS, R

EAD

ALL

SCH

EME

RELA

TED

DO

CUM

ENTS

CA

REFU

LLY.

10


1800 103 8999

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

Peerless Liquid FundOpen-ended Liquid Scheme

• Income over short term.• Investment in debt and money market instruments.• Low risk (Blue)

Peerless Ultra Short Term FundOpen-ended Debt Scheme

• Income over short term• Investment in money market and short term debt instruments.• Low risk (Blue)

Peerless Income Plus Fund Open-ended Debt Scheme

• Income over medium to long term• Investment in high quality fixed income securities and with a marginal exposure to equity and equity related instruments.• Medium risk (Yellow)

Peerless Short Term Fund Open-ended Debt Scheme

• Income over short to medium term• Investment in debt and money market instruments.• Low risk (Blue)

Peerless Flexible Income Fund Open-ended Debt Scheme

• Income over medium to long term• Investment in debt instruments including bonds, debentures and government securities and money market instruments over various maturity periods. • Low risk (Blue)

Peerless MF Child PlanOpen-ended Debt Scheme

• Capital appreciation over long term.• Investment in of fixed income securities, equity & equity related Instruments and Gold Exchange Traded Funds.• Medium risk (Yellow)

Peerless Equity FundOpen Ended Equity Scheme

• Capital appreciation over long term.• Investment in Equity & equity related securities diversified over various sectors.• High risk (Brown)

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

(BLUE)investors understand thattheir principal will be at low risk

(YELLOW)investors understand thattheir principal will be at medium risk

(BROWN)investors understand thattheir principal will be at high risk

PRODUCT LABELLING

Branches/Customer Service Centres : EAST-AGARTALA: 42, Akhaura Road, Agartala Tripura (West) 799 001, BALASORE: Vivekananda Marg Dist Balasore, Orissa 756 001, BANKURA: College Road, Raghunathpur Main Road, Opp. Bankura Christian College, PO & Dist: Bankura 722 101, BHUBANESWAR: Plot no 349, Saraswati Tower, 1st floor Cuttack Road, Laxmi Sagar, Bhubaneswar 751 006, *CONTAI: Vill: Dhandighi, Holding No.: 397 / 596, P.O. & P.S.: Contai,Dist: Purba Midnapore, West Bengal 721 401, DURGAPUR: Plot No. C / 10, Premendra Mitra Bithi, City Centre, Durgapur, Dist-Burdwan Pin-713216, *GHATAL: Argora, P O & PS: Ghatal, Dist: Paschim Midnapur, 721 212, *GUWAHATI: 2nd Floor, Suren Paradise Market, Opposite Hanuman Mandir, G.S Road, Ulubari, Guwahati 781 007, *KOLKATA: Peerless Mansion, 1 Chowringhee Square, Kolkata 700 069. SERAMPORE: Peerless Sadan, 57/B, G.T. Road, Kalitala, Hooghly 712 201, SILIGURI: Peerless House, Hill Cart Road, PO: Siliguri, Dist. Darjeeling, 734 001,

WEST - *MUMBAI: 102, Centrepoint, J.B. Nagar, Andheri-Kurla Road, Andheri (East) , Mumbai – 400 059. *PUNE: Aurora Towers, 9, Moledina Road, West Wing Pune - 411 001,

NORTH - *DELHI: B, K. Roy Court - Mezzanine Floor, 6&7 Asaf Ali Road New Delhi 110 002, JAIPUR: 102 & 103, 1st Floor, Adarsha Plaza, Khasha Kothi Circle, Jai Singh Highway, Jaipur 302 001. KANPUR: P.K. Bhawan, 128, The Mall, Opp Heer Palace Cinema Kanpur - 208 004, LUCKNOW: 103, Trade Point, 4 A,Ground Floor, Saran Chambers-1, 5-Park Road, Hazratganj, Lucknow - 226001.

SOUTH - *BANGALORE: Ramanashree Arcade, 3rd Floor, 18 M.G Road, Bangalore 560 001, CALICUT: No. 18/1084F, Meyon Building, 1st Floor, Jail Road, Calicut - 673 004, *CHENNAI: Fagun Chambers, 2nd Floor, No.8 New No. 17 (Old No. 26A), Ethiraj Salai, Egmore, Chennai 600 008, *COIMBATORE: 1078 Nagappa Complex, Mettupalayam High Road, Coimbatore 641 002, *HYDERABAD: Kancharla Towers, (1st floor),1-7-143,143/A, Golconda X Roads, Musheerabad, Hyderabad - 500 020, KANNUR: Sadhu Building, D No C.P 29/500, Fort Road, Kannur - 670 001, KARIMNAGAR: D, No 7-1-530 (New) 7-1-449 (Old), City Towers, 2nd Floor. Opp Mankammathota Bus Stop, Karimnagar - 505 001, THRISSUR: Suharsha Towers, 3rd Floor, Shornur Road, Round North Thrissur - 680 001, VIZAG: Dasapalla Centre, 2nd Floor, 38-2-40, Surya Bagh, Vizag - 530 020.

* Note : These locations are Official Points of Acceptance.

Registrar and Transfer Agent :

Karvy Computershare Private Limited, Karvy Plaza, H No 8-2-596 Street 1 Banjara Hills, Hyderabad-500034. Tel 040-23312454, Fax: 040-23311968.

Registered Office: Peerless Funds Management Co. Ltd., 3rd Floor, Peerless Mansion, 1, Chowringhee Square, Kolkata - 700 069.

Tel 033 4018 5000, Fax : 033 40185010.

Investments & Operations Office : 102, Centrepoint, J.B. Nagar, Andheri - Kurla Road, Andheri (East) , Mumbai – 400 059.

Tel 022 6177 9922 Toll free : 1800 103 8999 Fax : 022 6177 9996.

PEERLESS MUTUAL FUND OFFICES

Reach us at:

punjab assam fairs. traditionally, businesses start this day with a new ledger, clearing out the...

Documents