Nippon India Equity Savings Fund (Existing number of Segregated Portfolios - 2)

Investment Objective

The primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Stated Asset Allocation

Equities and equity related instruments: 65% - 90% ,- Derivatives including index futures, stock futures, index options, &stock options, etc. backed by underlying equity (only arbitrageopportunities)*: 25% - 70%, - Unhedged Equity Position#: 15%-40%,Debt and Money market instruments** (including investments in securitized debt & margin for derivatives):10% - 35%, Units issued by InvITs: 0% - 10% #Denote the directional equity exposure which is not hedged. *This denotes only hedged equity positions by investing in arbitrage. opportunities in the equity market. The fund manager in the above case can therefore take exposure to equivalent stock/ index futures & create completely covered positions. The margin money deployed on these positions would be included in Money Market category ** including securitized debt up to 30%

Exit Load

10% of the units allotted shall be redeemed without any exit load, on or before completion of 15 days from the date of allotment of units. Any redemption in excess of such limit within 15 days from the date of allotment shall be subject to the following exit load, Redemption of units would be done on First in First out Basis (FIFO): • 1% if redeemed or switched out on or before completion of 15 days from the date of allotment of units. • Nil, thereafter. Not applicable for Segregated Portfolio

Fund Managers

Sushil Budhia FM 1 , Dhrumil Shah FM 2 , Herin Visaria FM3

Primary FM 1, Primary FM 2, Primary FM 3