aigmonthly

Scheme Information Document

MYSIP to 56767

Registered Office:New No. 10, Old No. 178,MGR Salai,Nungambakkam,Chennai - 600034

AIG Monthly Income PlanAn Open ended Income Scheme

Offer of Units of 10/- each for cash during the New Fund Offer and Continuous offer for Units at NAV based prices

New Fund Offer Opens on : ___________, 2011

New Fund Offer Closes on : ___________, 2011

Scheme re-opens for continuous Sale & Repurchase on: ___________, 2011

(The AMC/Trustees reserve the right to extend the closing date, subject to the condition that the New Fund Offer shall not be kept open for more than 15 days as permissible under Regulations)

Name of Mutual Fund : AIG Global Investment Group Mutual Fund

Name of Asset Management Company : AIG Global Asset Management Company (India) Private Limited

Name of Trustee Company : AIG Trustee Company (India) Private Limited

Addresses, Website of the entities : 604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai - 400 013, www.aiginvestments.co.in

The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document.

The Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centres / Website /Distributors or Brokers.

The investors are advised to refer to the Statement of Additional Information (SAI) for details of AIG Global Investment Group Mutual Fund (AIGGIGMF/Fund), Tax and Legal issues and general information on www.aiginvestments.co.in

SAI is incorporated by reference (is legally a part of the Scheme Information Document). For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to our website.

The Scheme Information Document should be read in conjunction with the SAI and not in isolation.

This Scheme Information Document is dated ___________, 2011

(Monthly Income is not assured and is subject to availability of distributable surplus.)`

C-61, Citi CentreBandra Kurla Complex,Bandra (E), Mumbai 400 051

Registered Office:604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai - 400 013

Registered Office:604, 6th Floor, Peninsula Tower, Peninsula Corporate Park, G. K. Marg, Lower Parel, Mumbai - 400 013

Registered Office:

AIG Investments is a group of international companies that provide investment advice and market asset management product and services to clients around the world. AIG Investments is a registered mark of American International Group, Inc. (AIG). Services and products are provided by one or more affiliates of AIG.

Table of Contents

K. HOW IS THE SCHEME DIFFERENT FROM THE EXISTING OPEN ENDED INCOME SCHEMES OF

THE MUTUAL FUND? 25

HIGHLIGHTS/SUMMARY OF THE SCHEME 1

I. INTRODUCTION 3

A. RISK FACTORS 3

B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME 7

C. SPECIAL CONSIDERATIONS 7

D. DEFINITIONS 8

E. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY 12

II. INFORMATION ABOUT THE SCHEME 13

A. TYPE OF THE SCHEME 13

B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME ? 13

C HOW WILL THE SCHEME ALLOCATE ITS ASSETS? 13

D. WHERE WILL THE SCHEME INVEST? 16

E. WHAT ARE THE INVESTMENT STRATEGIES? 16

F. FUNDAMENTAL ATTRIBUTES 22

G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE ? 23

H. WHO WILL MANAGE THE SCHEME? 23

I. WHAT ARE THE INVESTMENT RESTRICTIONS? 23

J. HOW HAS THE SCHEME PERFORMED? 25

III. UNITS AND OFFER 26

A. NEW FUND OFFER (NFO) 26

B. ONGOING OFFER DETAILS 32

C. PERIODIC DISCLOSURES 41

D. COMPUTATION OF NAV 43

IV. FEES AND EXPENSES 44

A. NEW FUND OFFER (NFO) EXPENSES 44

B. ANNUAL SCHEME RECURRING EXPENSES 44

C. LOAD STRUCTURE 44

D. WAIVER OF LOAD FOR DIRECT APPLICATIONS 45

V. RIGHTS OF UNIT HOLDERS 46

VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS OR

INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE PROCESS OF BEING

TAKEN BY ANY REGULATORY AUTHORITY 46

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HIGHLIGHTS / SUMMARY OF THE SCHEMESr

No.HIGHLIGHTS OF THE

SCHEMEAIG Monthly Income Plan

(An open ended income scheme)1. Investment Objective AIG Monthly Income Plan seeks to generate regular income through investments in fixed income securities

along with capital appreciation through exposure to equity and equity related securities.

There is no assurance that the objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

(Monthly Income is not assured and is subject to availability of distributable surplus.)2. Option(s) Available • Growth

• Dividend

o Dividend Payout

• Monthly–25thofeverymonth

• Quarterly–25thofeverycalendarquarterend

• Half-Yearly–25thofeverycalendarHalf-yearend

o Dividend Reinvestment

• Monthly–25thofeverymonth

• Quarterly–25thofeverycalendarquarterend

• Half-Yearly–25thofeverycalendarHalf-yearend

In caseofMonthly,Quarterly andHalf-Yearly dividendoptions, if anyof theday(s)mentioned is a nonBusiness Day, the dividend will be declared on the next Business Day. The dividend will be declared subject to availability and adequacy of distributable surplus.

3. Minimum Application Amount (First Purchase and during NFO/continuous/ongoing offer)

`5,000/-

4. Minimum Application Amount (Subsequent Purchase)

`5,000/-andinmultiplesof` 1 thereafter

5. Minimum installment for SIP

`1,000/-

TheSIPrequestshouldbeforaminimumof6months/quarters.6. Minimum installment

for SWP and STP (applicable only during continuous/ongoing offer)

`1,000/-

AMinimumof6transfershastobesubmittedforSWP/STP.

7. Minimum amount in case of Inter/Intra scheme switches

Theminimumamountincaseofinter/intrascheme(interplan/interoption)switchesshallbetheminimumamountrequiredintherespectivetransfereescheme/plan.

8. Loads (During NFO and on continuous/ongoing basis)

Entry Load* : N.A.

*“IntermsofSEBIcircularno.SEBI/IMD/CIRNo.4/168230/09datedJune30,2009,noentryloadwillbechargedbytheSchemetotheinvestoreffectiveAugust1,2009.Upfrontcommissionshallbepaiddirectlyby the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor”

Exit Load# : 1% of the applicable NAV if redeemed within 1 year from the date of allotment.

#WitheffectfromAugust01,2009,exitload/CDSC(ifany)upto1%oftheredemptionvaluechargedtothe unit holder by the Fund on redemption of units shall be retained by the scheme in a separate account and will be utilized for payment of commissions to the Distributors and to meet other marketing and selling expenses.Anyamountinexcessof1%oftheredemptionvaluechargedtotheunitholderasexit load/CDSCshallbecreditedtotheschemeimmediately.

9. Liquidity TheSchemewillofferUnitsforPurchaseandRedemptionatNAVrelatedpricesoneveryBusinessDayonanongoingbasis,commencingnotlaterthan5workingdaysfromtheallotmentofunitsofthescheme.TheMutualFundwillendeavortodispatchtheRedemptionproceedswithin3BusinessDaysbutnotlaterthan10businessdays from the acceptance of the Redemption request.

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Sr No.

HIGHLIGHTS OF THE SCHEME

AIG Monthly Income Plan (An open ended income scheme)

10. Benchmark CRISILMIPBlendedFundIndex

The Trustee reserves the right to change the benchmark for evaluation of performance of the Scheme from time to time in conformity with the investment objective and appropriateness of the benchmark subject to SEBI Regulations, and other prevailing guidelines, if any.

11. Transparency / NAV Disclosure

TheAMCwillcalculateanddisclosethefirstNAVoftheschemenotlaterthan5workingdaysfromtheallotment of units of the scheme. Subsequently, the NAVs will be calculated and disclosed on every Business DayandshallbeupdatedonthewebsiteoftheFund–www.aiginvestments.co.inandoftheAssociationofMutualFundsinIndia(AMFI)–www.amfiindia.com.TheAMCwilldisclosedetailsoftheportfoliooftheSchemeevery6monthsbyeithersendingacompletestatementtoalltheUnitHoldersorbypublishingsuch statement, by way of advertisement, in two daily newspapers. The same shall also be displayed on the website of the fund.

12. Exchange Platform Symbols

Options NSE Symbol BSE Symbol

Standard Observation

No. 17 a

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I. INTRODUCTIONA. RISK FACTORS

Standard Risk Factors:

• InvestmentinMutualFundUnitsinvolvesinvestmentriskssuchastradingvolumes,settlementrisk,liquidityrisk,defaultriskincludingthe possible loss of principal.

• Astheprice/value/interestratesofthesecuritiesinwhichtheschemeinvestsfluctuate,thevalueofyourinvestmentintheschememay go up or down.

• PastperformanceoftheSponsor/AMC/MutualFunddoesnotguaranteefutureperformanceofthescheme.

• AIGMonthlyIncomePlanisthenameoftheschemeanddoesnotinanymannerindicateeitherthequalityoftheschemeoritsfutureprospects and returns.

• Thesponsor isnot responsibleor liable forany loss resulting fromtheoperationof the schemebeyond the initial contributionof ` 1 lakh made by it towards setting up the Fund.

• Thisschemeisnotaguaranteedorassuredreturnscheme.Inaddition,theschemedoesnotguaranteeorassureanydividendandalsodoes not guarantee or assure that it will make any dividend distribution, though it has every intention to make the same in the dividend option. All dividend distributions will be subjected to the investment performance of the Scheme.

Scheme Specific Risk Factors:

Risk Associated with Fixed Income and Money Market Instruments

The performance of the Scheme may be affected by changes in Government policies, general levels of interest rates and risks associated with trading volumes, liquidity and settlement systems.

Interest rate risk:

As with all debt securities, changes in interest rates may affect the NAV of the Scheme since the price of a fixed income instrument falls when the interestratesmoveupandviceaversa.Theeffectismoreprominentwhenthedurationoftheinstrumentishigher.HencetheNAVmovementof the Scheme consisting of predominantly fixed income securities is likely to have inverse correlation with the movement in interest rates. In case of a floating rate instrument, this risk is lower as a result of periodic reset of the coupon.

Spread risk:

Though the sovereign yield curve might remain constant, investments in corporate bonds are exposed to the risk of spread widening between corporate bonds and gilts. Typically, if this spread widens, the prices of the corporate bonds tend to fall and so could the NAV of the Scheme. Similar risk prevails for the investments in the floating rate bonds, where the benchmark might remain unchanged, but the spread over the benchmark might vary. In such an event, if the spread widens, the price and the NAV could fall.

Credit or default risk:

Thisreferstoinabilityoftheissuerofthedebtsecuritytomaketimelypaymentsofprincipaland/orinterestdue.Itisreflectedinthecreditratingoftheissuer.Henceifthecreditratingoftheissuerisdowngraded,thepriceofthesecuritywillsufferalossandtheNAVwillfall.Creditriskfactorspertainingtolowerratedsecuritiesalsoapplytolowerratedzerocouponanddeferredinterestkindbonds.Lowerratedzerocouponand deferred interest kind bonds carry an additional risk in that, unlike bonds that pay interest through the period of maturity, the Scheme by investing in these bonds will realize no cash till the cash payment date and if the issuer defaults, the Scheme may obtain no return on its investment. Separately, underlying assets in securitised debt may assume different forms and the general types of receivables include auto finance, credit cards, homeloansoranysuchreceipts.Creditrisksrelatingtosuchreceivablesdependuponvariousfactors,includingmacro-economicfactorsoftheseindustries and economies. Specific factors like nature and adequacy of property mortgaged against these borrowings, nature of loan agreement /mortgagedeedincaseofhomeloans,adequacyofdocumentationincaseofautofinanceandhomeloans,capacityofaborrowertomeethis obligations on borrowings in case of credit cards and intentions of the borrower influence the risks relating to asset borrowings underlying securitised debt.

Liquidity risk:

This represents the possibility that the realised price from selling the security might be lesser than the valuation price as a result of illiquid market. If a large outflow from the Scheme is funded by selling some of the illiquid securities, the NAV could fall even if there is no change in interest rates. Illiquid securities are typically quoted at a higher yield than the liquid securities and have higher bid offer spreads.

Investmentinilliquidsecuritiesresultsinhighercurrentyieldfortheportfolio.LiquidityriskisacharacteristicoftheIndianfixedincomemarkettoday.Inaddition,moneymarketsecurities,whilefairlyliquid,lackawell-developedsecondarymarket,whichmayrestrictthesellingabilityofthe Scheme and may lead to the Scheme incurring losses till the security is finally sold.

Reinvestment risk:

This is associated with the fact that the intermediate cash flows (coupons, prepayment of principal in case of securitised transactions or principal payment in case a security gets called or repurchased) may not be reinvested at the same yield as assumed in the original calculations. In case of securitizeddebt,changesinmarketinterestratesandpre–paymentsmaynotchangetheabsoluteamountofreceivablesfortheinvestorsbutmayhaveanimpactonthere-investmentoftheperiodiccashflowsthataninvestorreceivesonsecuritizedpapers.

StandardObservationNo.2


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Settlement risk:

Different segments of Indian financial markets have different settlement periods and such periods may be extended significantly by unforeseen circumstances. Delays or other problems in settlement of transactions could result in temporary periods when the assets of the Scheme are uninvested and no return is earned thereon. The inability of the Scheme to make intended securities purchases, due to settlement problems, could cause the Scheme to miss certain investment opportunities. Similarly, the inability to sell securities held in the Scheme portfolio, due to the absence of a well developed and liquid secondary market for debt securities, may result at times in potential losses to the Scheme in the event of a subsequent decline in the value of securities held in the Scheme’s portfolio.

Market risk:

Lowerratedorunratedsecuritiesaremorelikelytoreacttodevelopmentsaffectingthemarketandthecreditriskthanthehighlyratedsecuritieswhichreactprimarilytomovementsinthegenerallevelofinterestrates.Lowerratedorunratedsecuritiesalsotendtobemoresensitivetoeconomic conditions than higher rated securities.

Pre-payment risk:

This is most relevant to securitized debt and is further also highlighted in risk factors associated with investing in securitized debt in the following pages.Intheeventofpre-paymentoftheunderlyingdebt,investorsmaybeexposedtochangesintenorandyield.

• Inadditiontothefactorsthataffectthevaluesofsecurities,theNAVofUnitsoftheSchemewillfluctuatewiththemovementinthebroaderfixed income, money market and derivatives market and may be influenced by factors influencing such markets in general including but not limited to economic conditions, changes in interest rates, price and volume volatility in the bond markets, changes in taxation, currency exchange rates, foreign investments, political, economic or other developments and closure of the stock exchanges.

• Investmentsindifferenttypesofsecuritiesaresubjecttodifferentlevelsandkindsofrisk.Accordingly,theSchemes’riskmayincreaseordecrease depending upon its investment pattern. For example, investments in corporate bonds carry a higher level of risk than investments in Government securities. Further, even among corporate bonds, bonds which have a higher rating are comparatively less risky than bonds which have a lower rating

Equity and equity related risk

Equity instruments carry both company specific and market risks and hence no assurance of returns can be made for these investments.

• ThevalueoftheScheme’sinvestmentsmaybeaffectedbyfactorsaffectingthesecuritiesmarketssuchaspriceandvolumevolatilityinthecapitalmarkets,interestrates,currencyexchangerates,changesinlaw/policiesoftheGovernment,taxationlawsandpolitical,economicorotherdevelopmentswhichmayhaveanadversebearingonindividualsecurities,aspecificsectororallsectors.Consequently,theNAVoftheUnitsoftheSchememaybeaffected.

• Equitysecuritiesandequityrelatedsecuritiesarevolatileandpronetopricefluctuationsonadailybasis.Theliquidityofinvestmentsmadein the Scheme may be restricted by trading volumes and settlement periods. Settlement periods may be extended significantly by unforeseen circumstances. The inability of the Scheme to make intended securities purchases due to settlement problems could cause the Scheme to miss certain investment opportunities. Similarly, the inability to sell securities held in the Scheme’s portfolio may result, at times, in potential losses to the Scheme, should there be a subsequent decline in the value of securities held in the Scheme’s portfolio.

• InvestmentsinequityandequityrelatedsecuritiesinvolveadegreeofriskandinvestorsshouldnotinvestintheSchemeunlesstheycanafford to take the risk of losing their investment.

• TheliquidityandvaluationoftheScheme’sinvestmentsduetoitsholdingsofunlistedsecuritiesmaybeaffectediftheyhavetobesoldpriorto the target date of disinvestment.

• ThetaxbenefitsdescribedinthisSchemeInformationDocumentareasavailableundertheprevailingtaxationlaws.Investors/UnitHoldersshould be aware that the relevant fiscal rules or their interpretation may change. As is the case with any investment, there can be no guarantee that the tax position or the proposed tax position prevailing at the time of an investment in the Scheme will endure indefinitely. In viewoftheindividualnatureoftaxconsequences,eachUnitHolderisadvisedtoconsulthis/her/theirownprofessionaltaxadvisor.

• Theliquidityoftheschemeisinherentlyrestrictedbytradingvolumesinsecuritiesinwhichitinvest.

• Securitieswhicharenotquotedonthestockexchangesareinherentlyilliquidinnatureandcarryalargerliquidityriskincomparisonwithsecuritiesthatarelistedontheexchangesorofferotherexitoptionstotheinvestors,includingputoptions.TheAMCmaychoosetoinvestin unlisted securities that offer attractive yields within the regulatory limit. This may however increase the risk of the portfolio.

• InvestmentdecisionsmadebytheInvestmentManagermaynotalwaysbeprofitable.

Risk Associated with Derivatives

Derivatives product are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to the investor. Execution of such strategies depends upon the ability of the fund manager to identify such opportunities. Identification and execution of the strategies to be pursued by the fund manager involve uncertainty and decision of fund manager may not always be profitable. No assurance can be given that the fund manager will be able to identify or execute such strategies.

The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities and other traditional investments.

As and when the Scheme trades in derivative products, there are risk factors and issues concerning the use of derivatives that investors should understand. Derivatives require the maintenance of adequate controls to monitor the transactions and the embedded market risks that a derivative adds to the portfolio. Besides the price of the underlying asset, the volatility, tenor and interest rates affect the pricing of derivatives.

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Other risks in using derivatives include but are not limited to:

(a) CreditRisk – this occurswhen a counterparty defaults on a transactionbefore settlement and therefore, the Scheme is compelled tonegotiate with another counter party, at the then prevailing (possibly unfavorable) market price, in order to maintain the validity of the hedge. For exchange traded derivatives, the risk is mitigated as the exchange provides a guaranteed settlement but one takes the performance risk on the exchange.

(b) MarketLiquidityriskwherethederivativescannotbesold(unwound)atpricesthatreflecttheunderlyingassets,ratesandindices.

(c) ModelRisk,theriskofmis–pricingorimpropervaluationofderivatives.

Trading in derivatives carry a high degree of risk although they are traded at a relatively small amount of margin which provides the possibility of great profit or loss in comparison with the principal investment amount.

The Scheme may find it difficult or impossible to execute derivative transactions in certain circumstances. For example, when there are insufficient bids or suspension of trading due to price limit or circuit breakers, the Scheme may face a liquidity issue.

The Scheme bears a risk that it may not be able to correctly forecast future market trends or the value of assets, indexes or other financial or economic factors in establishing derivative positions for the Scheme.

The derivatives market in India is nascent and does not have the volumes that may be seen in other developed markets, which may result in volatility in the values.

Interest Rate Swaps (IRS) are highly specialized instruments that require investment technique and risk analysis different from those associated with equity shares and other traditional securities. The use of a IRS requires not only an understanding of the referenced asset, reference rate, or index but also of the swap itself, without the benefit of observing the performance of the swap under all possible market conditions. Swap agreements are also subject to liquidity risk, which exists when a particular swap is difficult to purchase or sell. Swap agreements may be subject to pricing risk, which exists when a particular swap becomes extraordinarily expensive (or cheap) relative to historical prices or the prices of corresponding cash market instruments. IRS agreements are also subject to counterparty risk on account of insolvency or bankruptcy or failure of the counterparty to make required payments or otherwise comply with the terms of the agreement.

Risk Associated with Short Selling and Securities lending

The risks in lending portfolio securities, as with other extensions of credit, consist of the failure of another party, in this case the approved intermediary, to comply with the terms of agreement entered into between the lender of securities i.e. the Scheme and the approved intermediary. Such failure to comply can result in the possible loss of rights in the collateral put up by the borrower of the securities, the inability of the approved intermediary to return the securities deposited by the lender and the possible loss of any corporate benefits accruing to the lender from the securities deposited with the approved intermediary. The Mutual Fund may not be able to sell such lent securities and this can lead to temporary illiquidity.

Risk Factors Associated with Overseas Investment

• SubjecttonecessaryapprovalsandwithintheinvestmentobjectiveoftheScheme,theSchememayinvestinoverseasmarketswhichcarryrisks related to fluctuations in the foreign exchange rates, the nature of the securities market of the country, repatriation of capital due to exchange controls and political circumstances.

• ItistheAMC’sbeliefthatinvestmentinforeignsecuritiesoffernewinvestmentandportfoliodiversificationopportunitiesintomultimarketandmulti-currencyproducts.However,suchinvestmentsalsoentailadditionalrisks.SuchinvestmentopportunitiesmaybepursuedbytheAMCprovidedtheyareconsideredappropriateintermsoftheoverallinvestmentobjectiveoftheScheme.SincetheSchememayinvestonlypartially in overseas securities, there may not be readily available and widely accepted benchmarks to measure performance of the Scheme. To manage risks associated with foreign currency and interest rate exposure, the Fund may use derivatives for efficient portfolio management including hedging and in accordance with conditions as may be stipulated under the Regulations or by the RBI from time to time.

• Overseasinvestmentswillbemadesubjecttoany/allapprovals,conditionsthereofasmaybestipulatedundertheRegulationsorbyRBIand provided such investments do not result in expenses to the Fund in excess of the ceiling on expenses prescribed by and consistent with costs and expenses attendant to international investing. The Fund may, where necessary, appoint other intermediaries of repute as advisors, custodian/sub-custodians etc. formanaging and administering such investments.The appointment of such intermediaries shallbe in accordance with the applicable requirements of SEBI and within the permissible ceilings of expenses. The fees and expenses would illustratively include, besides the investment management fees, custody fees and costs, fees of appointed advisors and sub-managers,transaction costs and overseas regulatory costs.

• TotheextentthattheassetsoftheSchemewillbeinvestedinsecuritiesdenominatedinforeigncurrencies,theIndianRupeeequivalentof the net assets, distributions and income may be adversely affected by changes in the value of certain foreign currencies relative to the Indian Rupee. The repatriation of capital to India may also be hampered by changes in regulations concerning exchange controls or political circumstances as well as the application to it of other restrictions on investment.

Risk associated with investing in securitised debt

• Anasset-backedsecurity(ABS)isatypeofdebtsecuritythatisbasedonpoolsofassets,orcollateralizedbythecashflowsfromaspecifiedpool of underlying assets. Assets are pooled to make otherwise minor and uneconomical investments worthwhile, while also reducing risk by diversifying the underlying assets. Securitization makes these assets available for investment to a broader set of investors. These asset pools can be made of any type of receivable from the common, like credit card payments, auto loans, and mortgages, to esoteric cash flows such as aircraft leases, royalty payments and movie revenues. Typically, the securitized assets might be highly illiquid and private in nature.

Standard Observation No. 6


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Mortgage-backedsecurity(MBS)isanasset-backedsecuritywhosecashflowsarebackedbytheprincipalandinterestpaymentsofasetofmortgage loans.

• Securitizationistheprocessofcreatingasset-backedsecuritiesbytransferringassetsfromtheissuingcompanytoabankruptcyremoteentitycreated specifically for this purpose. The bankruptcy remoteness allows an investor to take on credit risk of the underlying asset without takingonspecificcorporatecreditriskoftheoriginator.Thetranchingofthesesecuritiesintoinstrumentswithdifferentrisk/returnprofilesfacilitatesmarketingofthebondstoinvestorswithdifferentriskappetitesandinvestingtimehorizons.Creditenhancementisanintegralcomponent of this process as it can help create a security that has a high rating.

• Asignificantadvantageofasset-backedsecuritiesisthattheybringtogetherapooloffinancialassetsthatotherwisecouldnoteasilybetradedin their existing form. By pooling together a large portfolio of these illiquid assets they can be converted into instruments that may be offered and sold freely in the capital markets. Their bankruptcy remoteness allows the investor to take on credit risk of the asset without taking on specificcorporatecreditriskoftheoriginator.Thetranchingofthesesecuritiesintoinstrumentswithdifferentrisk/returnprofilesfacilitatesmarketing of the bonds to investors with different risk appetites and investing time horizons.

• InIndia,therearebroadlytwotypesofsecuritizeddebtcurrentlyavailableforinvestments.Asset-backedsecuritiesbackedbyapoolofloansandsecuritizationofaloangiventoaparticularcompanybyabankornon-bankfinancecompany,popularlyknownasSingle-Loanselldowns.Someoftherisksrelevanttopass-through-certificates(Certificates)aregivenhereunder.Thesearetheprincipalrisksanddoesnotrepresent that the statement of risks set out hereunder is exhaustive.

Credit Risk:

• Thecreditriskinboththesetypesofpass-through-certificatesisvastlydifferent.ABS/MBStransactionsarepoolsofretailloansofoneormoreassetclassesmentionedabovewithcreditenhancementtypicallyintheformofcashsetasidetoarriveatapre-determinedrating.The behavior of each asset class in ABS transactions can be different, thereby having varying credit risk characteristics. A pool of residential mortgages typically is supposed to have lower default rate. On the other hand, repossession and subsequent recovery of commercial vehicles and other auto assets is fairly easier and better compared to mortgages. Some of the asset classes such as personal loans, credit card receivables etc., being unsecured credits in nature, may witness higher default rates.

• Thesizeandstructureofthecreditenhancementisdeterminedbyassetclass,lossassumptions,issuer’soriginationandcollectionscapabilitiesamong other things. These pools comprise of loans given to thousands of individual and hence do not typically have any concentration risk. The rating agencies have an elaborate system of stipulating margins, over collateralization and guarantee to bring risk limits in line with other similar rated securities. For example, the credit enhancement stipulated by rating agencies for riskier asset class pools is typically much higher and hence their overall risks are made comparable to other similar rated asset classes.

Before making any investments in ABS, the asset management company will make its own assessment on the creditworthiness of the transaction, evaluating the asset class risk, originators origination and servicing capabilities, quality of the pool and the overall portfolio risk. The AMC will utilize in-house capabilities as well as external research in making such an assessment.

• Incontrast,single-loanselldownsarebackedbyanexposuretoasingleidentifiablecorporate,andhencetheabilityoftheunderlyingissuerto repay the loan in a timely manner is the single largest determinant of the credit risk. Investments in such transactions, will be done in a similar manner as that for other debt securities, and exposure will only be taken to structures where the underlying issuer, as well as the identified originator and servicer to such transactions is from the approved list of companies.

Limited Liquidity & Price Risk:

• ThereisnoassurancethatadeepsecondarymarketwilldevelopfortheCertificates.Thiscouldlimittheabilityoftheinvestortoresellthem.

• Securitizeddebtinstrumentsarerelativelyilliquidinthesecondarymarketandhencetheyaregenerallyheldtomaturity.TheliquidityriskandHTMnatureistakenintoconsiderationatthetimeofanalyzingtheappropriatenessofthesecuritization.

Limited Recourse, Delinquency and Credit Risk:

• TheCreditEnhancementstipulatedrepresentsalimitedlosscovertotheInvestors.TheseCertificatesrepresentanundividedbeneficialinterest in the underlying receivables and do not represent an obligation of either the Issuer or the Seller or the originator, or the parent or any affiliateoftheSeller,IssuerandOriginator.NofinancialrecourseisavailabletotheCertificateHoldersagainsttheInvestors’Representative.

• DelinquenciesandcreditlossesmaycausedepletionoftheamountavailableunderthecreditenhancementandtherebytheInvestorPayoutstotheCertificateHoldersmaygetaffectediftheamountavailableintheCreditEnhancementfacilityisnotenoughtocovertheshortfall.OnpersistentdefaultofanObligortorepayhisobligation,theServicermayrepossessandselltheAsset.Howevermanyfactorsmayaffect,delayor prevent the repossession of such Asset or the length of time required to realize the sale proceeds on such sales. In addition, the price at which such Asset may be sold may be lower than the amount due from that Obligor.

• In addition to careful scrutiny of credit profile of borrower/pool additional security in the formof adequate cash collaterals andothersecurities may be obtained to ensure that they all qualify for similar rating.

Risks due to possible prepayments and charge-offs

• Intheeventofprepayments,investorsmaybeexposedtochangesintenorandyield.Also,anycharge-offswouldresultinthealterationinthetenorofthepass-through-certificates.

• Acertainamountofprepaymentsisassumedinthecashflowsatthetimeofinvestments.Furtherastresscaseestimateiscalculatedandadditional margins are built in, based on historical trends and estimates.

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Risk of co-mingling of funds

WithrespecttotheCertificates,theServicerwilldepositallpaymentsreceivedfromtheObligorsintotheCollectionAccount.However,therecouldbeatimegapbetweencollectionbyaServiceranddepositingthesameintotheCollectionaccountespeciallyconsideringthatsomeofthecollectionsmaybeintheformofcash.Inthisinterimperiod,collectionsfromtheLoanAgreementsmaynotbesegregatefromother funds of originator. If originator in its capacity as Servicer fails to remit such funds due to Investors, the Investors may be exposed to a potentialloss.DuecareisnormallytakentoensurethattheServicerenjoyshighestcreditratingonstandalonebasistominimizeco-minglingrisk.

Credit Rating of the Transaction / Certificate

Thecreditratingisnotarecommendationtopurchase,holdorselltheCertificateinasmuchastheratingsdonotcommentonthemarketpriceoftheCertificateoritssuitabilitytoaparticularinvestor.Thereisnoassurancebytheratingagencyeitherthattheratingwillremainat the same level for any given period of time or that the rating will not be lowered or withdrawn entirely by the rating agency.

RISK MITIGATION MEASURES

Risk Mitigation Measures for Fixed Income Portion of the portfolio

TheinvestmentteamoftheAMCtakesanactiveviewonthekeydriversaffectinginterestratescenario.Investmentviews/decisionswillbe based on an analysis of macroeconomic and other relevant factors to estimate the direction of interest rates and level of liquidity, in an attempt to optimize the risk adjusted returns on the portfolio. Portfolios are rebalanced on a dynamic basis as per the objective of the scheme to optimize returns whilst managing risks at all points in time.

Thecreditqualityoftheportfolioismaintainedandmonitoredusingin-houseresearchcapabilitiesaswellasinputsfromexternalsourcessuch as independent credit rating agencies.

Whilst all risks such as interest rate risk, liquidity risk, default risk, reinvestment risk, etc. cannot be eliminated, they may be minimized throughdiversification,researchandeffectiveuseofhedgingtechniques.TheAMCwould incorporateadequatesafeguardstominimizeabovementioned risks in the portfolio construction and management process.

Toachievethis,aninternalInvestmentCommitteemeetsregularlytoprovideoverallguidancefortheinvestmentmanagementprocess.Thecommitteeperiodicallyreviewsinvestmentstrategiesandadherencetoschemeobjectivesandrestrictions.TheInvestmentCommitteeperiodically reviews the investment strategies and philosophy and adherence to all scheme parameters.

Risk Mitigation Measures for Equity Portion of the portfolio

TheinvestmentteamoftheAMCfollowsacomprehensiveequityinvestmentprocess.Ourcoreinvestmentphilosophyofbottomupstockselection helps us identify fundamentally strong companies. It helps us to look at the company’s business model, categorize it according to its economic growth cycle, test the company’s valuations, do the consensus check with the sell side analysts and finally rank the company. In short this process ensures a comprehensive review of all the companies in the investment universe.

There are systems and procedures in place to monitor Regulatory and internal limits on a regular basis.

Further, the internal Investment committee meets regularly to provide overall guidance for the investment management process. The committee periodically reviews investment strategies and adherence to scheme objectives and restrictions.

B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME

TheSchemeshallhaveaminimumof20investorsandnosingleinvestorshallaccountformorethan25%ofthecorpusoftheScheme.However,ifsuchlimitisbreachedduringtheNFOoftheScheme,theFundwillendeavourtoensurethatwithinaperiodofthreemonthsorthe end of the succeeding calendar quarter from the close of the NFO of the Scheme, whichever is earlier, the Scheme complies with these twoconditions.IncasetheSchemedoesnothaveaminimumof20investorsinthestipulatedperiod,theprovisionsofRegulation39(2)(c) of the SEBI (MF) Regulations would become applicable automatically without any reference from SEBI and accordingly the Scheme shall be wound up and the units would be redeemed at applicable NAV. The two conditions mentioned above shall also be complied within each subsequentcalendarquarterthereafter,onanaveragebasis,asspecifiedbySEBI.Ifthereisabreachofthe25%limitbyanyinvestoroverthequarter,arebalancingperiodofonemonthwouldbeallowedandthereaftertheinvestorwhoisinbreachoftheruleshallbegiven15daysnoticetoredeemhisexposureoverthe25%limit.Failureonthepartofthesaidinvestortoredeemhisexposureoverthe25%limitwithintheaforesaid15dayswouldleadtoautomaticredemptionbytheMutualFundontheapplicableNetAssetValueonthe15thdayofthe notice period. The Fund shall adhere to the requirements prescribed by SEBI from time to time in this regard.

C. SPECIAL CONSIDERATIONS

1. Investors are urged to study the terms of the Scheme Information Document carefully before investing in this Scheme, and to retain this Scheme Information Document for future reference.

2. Anytaxliabilityarisingpostredemptiononaccountofchangeinthetaxtreatmentwithrespecttodividenddistributiontax,bythetaxauthorities,shallbesolelybornebytheinvestorandnotbytheAMC,theTrusteesortheMutualFund

• Investors in the Scheme are not being offered any guaranteed returns.

• Investors are advised to consult their Legal /Tax and other Professional Advisors in regard to tax/legal implications relating to their investments in the Scheme and before making decision to invest in the Scheme or redeem the Units in the scheme.

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3. PreventionofMoneyLaundering

IntermsofthePreventionofMoneyLaunderingAct,2002,theRulesissuedthereunderandtheguidelines/circularsissuedbySEBIregardingtheAnti-MoneyLaundering(AMLLaws),allintermediaries,includingMutualFunds,havetoformulateandimplementaclientidentification programme, verify and maintain the record of identity and address(es) of Investors.

Ifafterduediligence,theAMCbelievesthatanytransaction issuspicious innatureasregardsmoney laundering, failuretoproviderequireddocumentation,information,etc.theAMCshallhaveabsolutediscretiontoreportsuchsuspicioustransactionstoFIU-INDand/ortofreezethefoliosoftheinvestor(s),rejectanyapplication(s)/allotmentofUnitsandeffectmandatoryredemptionofUnitholdings of the investor(s) at the applicable NAV subject to payment of exit load, if any.

D. DEFINITIONS

In this Scheme Information Document, the following words and expressions shall have the meaning specified herein, unless the context otherwise requires:

AIG Capital Corporation / AIGCC The Sponsor of AIG Global Investment Group Mutual Fund.AMFI Certified Stock Exchange Brokers

A person who is registered with AMFI as Mutual Fund Advisor and who has signed up with AIG GlobalAssetManagementCompany(India)PrivateLimitedandalsoregisteredwithBSE&NSEas Participant.

Applicable NAV NAVappliedforapplicationsforPurchases/Redemptions/Switches,acceptedduringtheOngoingOfferPeriodattheDesignatedCollectionCentresoftheFundonaBusinessDaybasedonthecut-offtimeandfulfillmentofotherrelevantconditionspertainingtotheScheme.

Application Form / Key Information Memorandum

Aformtobeusedbyaninvestortoopenafolioand/orPurchaseUnitsintheScheme.

Application Supported by

Blocked Amount

ASBA is anapplicationcontaininganauthorizationby the investor toaSelfCertifiedSyndicateBank(SCSB)toblocktheapplicationmoneyinthebankaccountmaintainedwiththeSCSB,forsubscribing to a New Fund Offer.

Asset Management Company / AMC / Investment Manager

AIGGlobalAssetManagementCompany(India)PrivateLimited,anassetmanagementcompanysetupunder theCompaniesAct1956,having its registeredoffice at604,6thFloor,PeninsulaTower,PeninsulaCorporatePark,G.K.Marg,LowerParel,Mumbai400013andauthorisedbySEBItoactastheAssetManagementCompany/InvestmentManagertotheschemeoftheAIGGlobalInvestment Group Mutual Fund.

Book closure The time during which the Asset Management Company would temporarily suspend sale,redemptionandswitchingofUnits.

BSE The Bombay Stock Exchange (BSE) is a stock exchange located in Mumbai and is the oldest stock exchange in Asia.

BSE StAR MF Bombay Stock Exchange Platform for Allotment and Redemption of Mutual Fund (BSE StAR MF) is a platform launched by BSE to accept both physical applications and those in Demat form.

Business Day A day not being:

1. Saturday and Sunday;

2. Adaywhenthemoneymarketsareclosed/notaccessible;

3. A day onwhich both Bombay Stock Exchange and theNational Stock Exchange of IndiaLimitedareclosed;

4. AdayonwhichPurchaseandRedemptionofUnitsissuspendedorabookclosureperiodisannouncedbytheTrustee/AMC;

5. Adayonwhichnormalbusinesscannotbetransactedduetostorms,floods,bandhs,strikesorsuchothereventsastheAMCmayspecifyfromtimetotime;

6. A day on which banks in Mumbai or Reserve Bank of India (RBI) is closed; or

7. A day on which there is no RBI clearing or settlement of securities.

ProvidedthatthedayswhenthebanksinanylocationwheretheAMC’sInvestorServiceCentresare located are closed due to a local holiday, such days will be treated as non Business Days at such centres.However,iftheInvestorServiceCentreinsuchlocationsisopenonsuchlocalholidays,then redemption and switch requests will be accepted at those centres, provided it is a Business DayfortheSchemeonanoverallbasis.Notwithstandingtheabove,theAMCreservestherightto change the definition of Business Day and to declare any day as a Business Day or otherwise at anyorallISCs.

Continuous Offer/Ongoing

Offer

OfferofUnitswhentheSchemebecomesavailableforsubscription,aftertheclosureoftheNewFund Offer.

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Collection Banks Thebank(s)withwhichtheAMChasentered into/mayenter intoanagreement, fromtimetotime,toenableinvestorstodeposittheirapplicationsforUnitsduringtheNFO.

Contingent Deferred Sales Charge

AchargetotheUnitHolderuponexiting(bywayofRedemption/Switch-out)basedontheperiodofholdingofUnits.TheRegulationsprovide that aCDSCmaybechargedonly for ano-LoadScheme and only for the first four years after the Purchase and caps the percentage of NAV that can be charged in each year.

Custodian Citibank,N.A,MumbairegisteredundertheSEBI(CustodianofSecurities)Regulations,1996,orany other custodian who is approved by the Trustee.

Cut-off time Cutofftiming,inrelationtoaninvestormakinganapplicationtoamutualfundforpurchaseorsaleof units, shall mean the outer limits of timings within a particular day as prescribed by SEBI which are relevant for determination of the NAV that is to be applied for the transaction.

Demat Account Demat account is a safe and convenient means of holding securities just like a bank account is for funds.

Depository Participant Depository Participant is described as an agent of the depository. It acts as an intermediary between the depository and the investors.

Designated Collection Centers / Official Points of Acceptance

During the NFO and on an ongoing basis: AMC, ISCs,BranchesofCollectionBank(s)andsuchothercollectioncentersasdesignatedbytheAMCwheretheapplicationsshallbereceived.

ThenamesandaddressesoftheDesignatedCollectionCentersarementionedintheApplicationForm.

Entry Load ALoadchargedtoaninvestoronPurchase/Switch-inofUnitsbasedontheamountofinvestmentoranyothercriteriadecidedbytheAMC.

Exit Load ALoad(otherthanCDSC)chargedtotheUnitHolderonexiting(bywayofRedemption/Switchout)basedonperiodofholding,amountofinvestmentoranyothercriteriadecidedbytheAMC.

Foreign Institutional Investors An entity registered with SEBI under the Securities and Exchange Board of India (Foreign InstitutionalInvestors)Regulations,1995asamendedfromtimetotime.

Fund of Funds A mutual fund scheme that invests primarily in other scheme of the same mutual fund or other mutual funds.

Fund / Mutual Fund AIG Global Investment Group Mutual Fund, a Trust settled by AIG Capital Corporation andregisteredwithSEBIundertheRegulations,videRegistrationNo.MF/054/07/02datedFebruary9,2007.

Investment Management Agreement

TheagreementdatedDecember15,2006entered intobetweenAIGTrusteeCompany(India)Private Limited and the AIG Global Asset Management Company (India) Private Limited, asamended from time to time.

Mutual Fund Service System Mutual Fund Service System (MFSS) is a platform launched by NSE to accept Mutual Fund applications in Demat as well as physical mode.

Micro SIP SIPs upto ̀ 50,000/-peryearperinvestori.e.aggregateofinstallmentsinarolling12monthperiodor in a financial year shall be referred to as ‘Micro SIP’.

Net Asset Value NetAssetValueoftheUnitsoftheScheme(includingoptionsthereunder)calculatedinthemannerprovided in this Scheme Information Document or as may be prescribed by the Regulations from time to time.

New Fund Offer TheofferforPurchaseofUnitsattheinceptionoftheScheme,availabletotheinvestorsduringthe NFO Period.

New Fund Offer Period / NFO Period

Theperiodbeing________2011to________,2011subjecttoextension,ifany.

Non Resident Indian A person resident outside India who is a citizen of India or is a person of Indian origin as per the meaning assigned to the term under the Foreign Exchange Management (Investment in Firm or ProprietaryConcerninIndia)Regulations,2000.

NSE National Stock Exchange of India operates on an electronic market that allows trades to be made onitsautomatedsystem.Theexchangewasestablishedin1992andhasgrowntobethecountry’slargest securities exchange

Ongoing Offer OfferofUnitsundertheSchemewhenitbecomesopenendedaftertheclosureoftheNewFundOffer Period.

Ongoing Offer Period TheperiodduringwhichtheOngoingOfferforsubscriptiontotheUnitsoftheSchemeismade.Person of Indian Origin ‘Person of Indian Origin’ means a citizen of any country other than Bangladesh or Pakistan, if (a) he

at any time held an Indian passport; or (b) he or either of his parents or any of his grand parents was acitizenofIndiabyvirtueoftheConstitutionofIndiaortheCitizenshipAct,1955(57of1955);or(c)thepersonisaspouseofanIndiancitizenorapersonreferredtoinsub-clause(a)or(b).

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Purchase / Subscription Purchaseof/SubscriptiontoUnitsbyaninvestorfromtheFund.Purchase Price The price (being ApplicableNAV) atwhich theUnits can be purchased and calculated in the

manner provided in this Scheme Information Document.Redemption RepurchaseofUnitsbytheFundfromaUnitHolder.Redemption Price The price (being ApplicableNAVminus Exit Load / CDSC, if any) atwhich theUnits can be

redeemed and calculated in the manner provided in this Scheme Information Document.Registrar ComputerAgeManagementServicesPrivateLimited(“CAMS”),appointedastheregistrarand

transferagentfortheScheme,oranyotherregistrarthatmaybeappointedbytheAMC.

Repo/ reverse Repo Sale/Purchaseofsecuritieswithasimultaneousagreementtorepurchase/sellthematalaterdate.Scheme AIG Monthly Income Plan, an open ended income scheme.Scheme Information Document ThisdocumentissuedbyAIGGlobalInvestmentGroupMutualFundofferingUnitsofAIGMonthly

Income Plan for subscription. Any modifications to the Scheme Information Document will be made by way of an addendum which will be attached to Scheme Information Document. On issuance of an addendum, the Scheme Information Document will be deemed to be updated by the addendum.

Self Certified Syndicate Banks Self Certified Syndicate Bank or SCSB is a Bank registered under SEBI (Bankers to an Issue)Regulations,1994whichofferstheserviceofmakingApplicationsSupportedbyBlockedAmountandisrecognizedassuchbySEBI.SCSBareofficialcollectioncentersforASBAapplicationsduringNFOs.

ThelistofbanksthathavebeennotifiedbySEBItoactasaSCSBfortheASBAprocessasprovidedon SEBI’s website www.sebi.gov.in, website of BSE at www.bseindia.com and website of NSE at www.nseindia.com.

SEBI Regulations / Regulations SecuritiesandExchangeBoardofIndia(MutualFunds)Regulations,1996asamendedfromtimeto time, including by way of circulars or notifications issued by SEBI and the Government of India.

Sponsor AIGCC,beingtheSettlerofAIGGlobalInvestmentGroupMutualFund.Statement of Additional Information

The Statement of additional information (SAI) contains details of AIG Global Investment Group Mutual Fund, its constitution, and certain tax, legal and general information. It is incorporated by reference (is legally a part of the Scheme Information Document).

Stock Exchange Stock Exchange means a Stock Exchange which is for the time being, recognised under the SecuritiesContracts(Regulation)Act,1956.

Switch Saleofaunit inoneScheme/Plan/Optionagainstpurchaseofaunit inanotherScheme/Plan/Option.

Systematic Investment Plan A plan enabling investors to save and invest in the Scheme on a monthly or quarterly basis by submittingpost-datedcheques/paymentinstructions.

Systematic Transfer Plan AplanenablingUnitHolderstotransfersumsonaweekly/fortnightly/monthlybasisfromtheScheme to other scheme launched by the Fund from time to time by giving a single instruction.

Systematic Withdrawal Plan AplanenablingUnitHolderstowithdrawamountsfromtheSchemeonamonthlyorquarterlybasis by giving a single instruction.

Transaction Slip AformmeanttobeusedbyUnitHoldersseekingadditionalPurchaseorRedemptionofUnitsin theScheme,change inbankaccountdetails,switch-inorswitch-outandsuchother facilitiesofferedbytheAMCasmentionedinTransactionSlips.

Trustee / Trustee Company AIGTrusteeCompany(India)PrivateLimited,acompanysetupundertheCompaniesAct1956,to act as the Trustee to AIG Global Investment Group Mutual Fund.

Trust Deed TheTrustDeeddatedDecember15,2006executedbyandbetweentheSponsorandtheTrusteeestablishing the AIG Global Investment Group Mutual Fund, as amended from time to time.

Trust Fund Amountssettled/contributedbytheSponsortowardsthecorpusofAIGGlobalInvestmentGroupMutualFundandadditions/accretionsthereto.

Unit The interest of an investor, which consists of one undivided share in the net assets of the Scheme.Unit Holder or Investor ApersonholdingUnitsoftheSchemeofAIGGlobalInvestmentGroupMutualFundofferedunder

this Scheme Information Document.Valuation Day Business Day

ABBREVIATIONS

In this Scheme Information Document, the following abbreviations have been used:

ADR American Depository ReceiptAIGCC AIGCapitalCorporation,theSponsorofAIGGlobalInvestmentGroupMutualFund

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AIGCI AIGCapitalIndiaPrivateLimitedAMC AssetManagementCompanyAMFI Association of Mutual Funds in IndiaAOP Association of PersonsASBA Application Supported by Blocked AmountBOI Body of IndividualsBSE TheBombayStockExchangeLimitedBSE StAR MF BombayStockExchangePlatformforAllotmentandRedemptionofMutualFundUnitCBLO CollateralisedBorrowingandLendingObligationCDSC ContingentDeferredSalesChargeCDSL CentralDepositoryServices(India)LimitedECS ElectronicClearingSystemEFT Electronic Funds TransferETF Exchange Traded FundFII Foreign Institutional InvestorFOF Fund of FundsGDR Global Depository ReceiptHUF HinduUndividedFamilyIMA Investment Management AgreementISC InvestorServiceCentreKIM KeyInformationMemorandumKYC KnowYourCustomerMFSS Mutual Fund Service SystemNAV Net Asset ValueNFO New Fund OfferNRI Non-ResidentIndianNSDL NationalSecuritiesDepositoryLimited.NSE NationalStockExchangeofIndiaLimitedPIO Persons of Indian OriginPOA Power of AttorneyRBI Reserve Bank of IndiaRTGS Real Time Gross SettlementSEBI SecuritiesandExchangeBoardofIndiaestablishedundertheSEBIAct,1992SEBI Act SecuritiesandExchangeBoardofIndiaAct,1992NEFT National Electronic Funds TransferSAI Statement of Additional InformationSCSB SelfCertifiedSyndicateBankSI Standing InstructionsSID Scheme Information DocumentSIP Systematic Investment PlanSTP Systematic Transfer PlanSWP Systematic Withdrawal Plan

INTERPRETATION

For all purposes of this Scheme Information Document, except as otherwise expressly provided or unless the context otherwise requires:

• ThetermsdefinedinthisSchemeInformationDocumentincludethepluralaswellasthesingular.

• Pronounshavingamasculineorfemininegendershallbedeemedtoincludetheother.

• Allreferencesto“US$”refertoUnitedStatesDollarsand“`”refertoIndianRupees.A“Crore”means“tenmillion”anda“Lakh”means a “hundred thousand”.

• Referencestotimesofday(i.e.a.m.orp.m.)aretoMumbai(India)timesandreferencestoadayaretoaCalendardayincludingnonBusiness Day.

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E. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY

It is confirmed that:

(i) thedraftSchemeInformationDocumentforwardedtoSEBIisinaccordancewiththeSEBI(MutualFunds)Regulations,1996andtheguidelines and directives issued by SEBI from time to time.

(ii) all legal requirements connected with the launching of the scheme as also the guidelines, instructions, etc., issued by the Government and any other competent authority in this behalf, have been duly complied with.

(iii) the disclosures made in the Scheme Information Document are true, fair and adequate to enable the investors to make a well informed decision regarding investment in the proposed scheme.

(iv) the intermediaries named in the Scheme Information Document and Statement of Additional Information are registered with SEBI and their registration is valid, as on date.

For AIG Global Asset Management Company (India) Private Limited

Date:July22,2011 Signature:Sd/- Place: Mumbai Name: Sonal Barot Designation:Head–Compliance&CompanySecretary

Note: The Due Diligence Certificate as stated above was submitted to SEBI.

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II – INFORMATION ABOUT THE SCHEMEA. TYPE OF THE SCHEME

An Open Ended Income Scheme.

(Monthly Income is not assured and is subject to availability of distributable surplus.)

B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME?

AIG Monthly Income Plan seeks to generate regular income through investments in fixed income securities along with capital appreciation through exposure to equity and equity related securities.

There is no assurance that the objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

(Monthly Income is not assured and is subject to availability of distributable surplus.)

C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS?

Undernormalcircumstances,itisanticipatedthattheassetallocationshallbeasfollows:

Instrument Indicative allocation (% of total assets) Risk ProfileMinimum Maximum High/Medium/Low

Debt*&Moneymarketsecurities 70 100 LowtoMediumEquity and Equity related securities 0 30 MediumtoHigh

*Debtsecuritiesmayincludesecuritizeddebtsnotexceeding25%ofthenetassets.

Theschememaytradeinthederivativesmarket(underrespectivecategory–debt&/orequity)aspertheRegulations.Theschememayengage in short selling of securities in accordance with the framework relating to short selling and securities lending and borrowing specified by SEBI.

TheschemefordiversificationmayalsoinvestinforeignequitysecuritiesaswellasADRs/GDRsofIndiancompaniesinaccordancewiththeRegulations. The scheme may invest in IDRs.

Subject to the Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities and applicable regulations. It must be clearly understood that the percentage stated above is only indicative and not absolute and that they can vary substantially depending upon the perception of the Investment Manager, the intention being at all times to seek to protect the interests of the unitholders. Such changes in the investment pattern will be for short term and for defensive considerations.However,therecanbenoassurancethattheinvestmentobjectiveoftheSchemewillberealized.

IfpermittedbySEBIunderextentRegulations/guidelines,theSchememayalsoengageinscriplendingtotheextentof20%ofthenetassetsoftheSchemeandnotmorethan5%ofthenetassetsoftheSchemewillgenerallybedeployedtoanysinglecounterparty.

Disclosure pursuant to SEBI’s communication dated August 25, 2010 w.r.t. investments in Securitised debt:

1. Risk profile of securitized debt vis-à-vis risk appetite of the scheme:

Anevaluationproceduresimilar tothatapplied inanalyzingotherdebtcategory[commercialpaper,non-convertibledebentures,bondsetc] will be employed for analyzing securitized debt and assessing their eligibility for the particular scheme and the portfolio. We will also analyze the risk profile in such instruments so that they are in line with other debt category and scheme’s investment objectives from a risk perspective for the various investing schemes.

Furtherasaprudentmeasureofriskcontrol,investmentinsecuritizeddebtwillnotexceed25%ofthenetassetsoftheScheme.

2. Policy relating to originators based on nature of originator, track record, NPAs, losses in earlier securitized debt, etc

The evaluation parameters of the originators are as under:

Track record

We will ensure that there is adequate past track record of the Originator before selection of the pool including a detailed look at the number of issuances in past, track record of issuances, experience of issuance team, etc. We will also look at the credit profile of the Originator for its owndebt.WewillnormallyinvestonlyiftheOriginator’screditratingisatleast‘AA’(+/–orequivalent)orabovebyacreditratingagencyrecognized by SEBI.

Willingness to pay

Asthesecuritizedstructurehasunderlyingcollateralstructure,dependingontheassetclass,historicalNPAtrendandotherpool/ loancharacteristics, a credit enhancement in the form of cash collateral, such as fixed deposit, bank guarantee etc. is obtained, as a risk mitigation measure.

Ability to pay

This assessment will be based on a detailed financial risk assessment.

A traditional SWOT analysis will be used for identifying company specific financial risks. One of the most important factors for assessment will be the quality of management based on its past track record and feedback from market participants. In order to assess financial risk a broad assessment of the issuer’s financial statements will be undertaken to review its ability to undergo stress on cash flows and asset quality.



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Business risk assessment, wherein following factors will be considered:

– Outlookfortheeconomy(domesticandglobal)

– Outlookfortheindustry

– Companyspecificfactors

In addition a detailed review and assessment of rating rationale will be done including interactions with the company as well as agency.

Typicallywewouldavoidinvestinginsecuritizationtransaction(withoutspecificriskmitigantstrategies/additionalcash/securitycollaterals/guarantees)ifwehaveconcernsonthefollowingissuesregardingtheoriginator/underlyingissuer:

• Highdefaulttrackrecord/frequentalterationofredemptionconditions/covenants

• Highleverageratios–bothonastandalonebasisaswellonaconsolidatedlevel/grouplevel.Thisisveryimportantincaseofsingleborrower loan sell down

• Higherproportionofre-schedulementofunderlyingassetsofthepoolorloan

• Higherproportionofoverdueassetsofthepoolortheunderlyingloan

• Poorreputationinmarket

• Insufficienttrackrecordofservicingofthepoolortheloan

3. Risk mitigation strategies for investments with each kind of originator

Risk mitigation strategies will depend on each asset class, whether they are unsecured loans or secured, seasoning, collection history, past recovery rates, originator’s financial profile, servicing performance, etc for each asset class. AIG Global Investment Group Mutual Fund (AIGGIGMF) will invest in pools with AA or above rating by SEBI recognized rating agencies. In addition, some specific risk mitigation measures will include:

Risk MitigationCreditRisk Analysis of originator with respect to past track record, systems and processes, performance of pools, collateral

adequacy and disclosure frequency; Analysis of specific pool with respect to nature of underlying asset, seasoning, loan sizes, loan to value ratio, geographical diversity, etc

CounterpartyRisk Past track record of handling securitized transactions, disclosure adequacy and frequencyLegalRisk Checkwithratingagencythatinvestors’interestisnotcompromised,specificprotectionmeasureslikebankruptcy

remoteness,etcarebuiltin;Separatein-houselegalopinionontransactionsMarket Risk Liquidity,PrepaymentandInterestRateRiskAnalysisandleveloftheirmitigationthroughtransactionstructureand

credit enhancements provided

4. The level of diversification with respect to the underlying assets and risk mitigation measures for less diversified investments

MajorityofsecuritizeddebtinvestmentsshallbeinassetbackedpoolswhereintheunderlyingassetscouldbeMediumandHeavyCommercialVehicles,LightCommercialVehicles(LCV),Cars,andConstructionEquipment,Mortgagesetc.

The Fund Manager will invest in securitized debts which are rated is at least ‘AA’ or above by a credit rating agency recognized by SEBI. While the risks mentioned above cannot be eliminated completely, they may be minimized by considering the diversification of the underlying assets as well as credit and liquidity enhancements.

Type of Pool Mortgage Loan

Commercial vehicle and construction equipment

CAR 2 wheeler Micro Finance Pools

Personal Loans

Single Sell Downs

Approx. average maturity

Upto120months

Upto60months

Upto60months

Upto60months

Upto12months

Upto36months

Casebycasebasis

Collateral margin including cash, guarantees, excess interest spread, subordinate tranche

In excess of 3%

In excess of 5%

Inexcessof5% In excess of 5%

In excess of 10%

In excess of 10%

Casebycasebasis

Average loan to value ratio

90%orlower 100%orlower

95%orlower 95%orlower Unsecured Unsecured Casebycasebasis

Average seasoning of the pool

Minimum3months

Minimum 6 months

Minimum 6 months

Minimum 6 months

Minimum 1 months

Minimum2months

Casebycasebasis

Maximum single exposure range

5% 5% 1% 1% <1% <1% Casebycasebasis

Average single exposure range

<5% <5% <1% <1% <1% <1% Casebycasebasis

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Note: The information contained is based on current market conditions and may change from time to time. Accordingly our investment strategy, risk mitigation measures and other information may also change in response to the same

The fund manager will also take into account following factors, which are analyzed to ensure diversification of risk and measures identified for less diversified investments:

• Sizeoftheloan: The size of each loan is generally analyzed on a sample basis and an analysis of the static pool of the originator is undertaken to ensure that the same matches with the static pool characteristics. It also indicates whether there is high reliance on very small ticket size borrower which could result in delayed and expensive recoveries.

• Averageoriginalmaturityofthepool: The analysis of average maturity of the pool is undertaken to evaluate whether the tenor of the loans are generally in line with the average loans in the respective industry and repayment capacity of the borrower.

• Defaultratedistribution: The Fixed Income team generally ensures that all the contracts in the pool are current to ensure zero default rate distribution.

• GeographicalDistribution: The analysis of geographical distribution of the pool is undertaken to ensure prevention of concentration risk.

• RiskTranching: Typically, we avoid investing in mezzanine debt or equity of Securitized debt in the form of subordinate tranche, withoutspecificriskmitigantstrategies/additionalcash/securitycollaterals/guarantees,etc.

• Creditenhancementfacility:Creditenhancementfacilitiesintheformofcashcollateral,suchasfixeddeposits,bankguaranteeetccould be obtained as a risk mitigation measure.

• Liquidfacility: These parameters will be evaluated based on the asset class as mentioned in the table above

• Structureofthepoolofunderlyingassets: The structure of the pool of underlying assets would be either single asset class or combination of various asset classes as mentioned in the table. We could add new asset class depending upon the securitization structure and changes in market acceptability of asset classes

Investment in the single loan securitization would be done based on the assessment of credit risk associated with the underlying borrower as well as the originator. The Fixed Income team will adhere internal credit process and perform a detailed review of the underlying borrower prior to making investments.

5. Minimum retention period of the debt by originator prior to securitization

RBIcameoutwithdiscussionpaperandrecommendationsonminimumretentionperiodforallsecuritizeddebtinmid2010.Generally,therequirement to keep the originated loans in its own books and observing a minimum servicing of the loan by the borrower should ensure exercise of due diligence by the originating banks. AIGGIGMF will follow RBI guidelines as applicable on the retention period and average seasoning of pool [as per the framework mentioned above].

6. Minimum retention percentage by originator of debts to be securitized

RBIcameoutwithdiscussionpaperandrecommendationsonminimumretentionpercentageforallsecuritizeddebtinmid2010.Generally,the requirement to keep a certain percentage of originated loans in its own books should ensure exercise of due diligence by the originating banks. AIGGIGMF will follow RBI guidelines on the retention percentage or collateral margin requirement [as per the framework mentioned above], whichever is applicable.

7. The mechanism to tackle conflict of interest when the mutual fund invests in securitized debt of an originator and the originator in turn makes investments in that particular scheme of the fund

An investment by the scheme in any security is done after detailed analysis by the Fixed Income team and in accordance with the investment objectives and the asset allocation pattern of a scheme. All investments are made on an arms length basis without consideration of any investments(existing/potential)intheschemesmadebyanypartyrelated/involvedinthetransaction.Therobustcreditprocessensuresthatthere is no conflict of interests when a scheme invests in securitized debt of an originator and the originator in turn makes investments in that particular scheme. Normally the issuer who is securitizing instrument is in need of money and is unlikely to have long term surplus to invest in mutual fund scheme.

Furthermore, there is clear cut segregation of duties and responsibilities with respect to investment function and sales function. Investment decisions are being taken independently based on the above mentioned parameters and investment by the originator in the scheme is based ontheirownevaluationoftheschemevis-à-vistheirinvestmentobjective.

8. The resources and mechanism of individual risk assessment with the AMC for monitoring investment in securitized debt

The risk assessment process for securitized debt, as detailed in the preceding paragraphs, is same as any other credit. The investments in securitized debt are done after appropriate research by fund management team. The ratings are monitored for any movement.

TheresourcesforandmechanismsofindividualriskassessmentwiththeAMCformonitoringinvestmentinsecuritizeddebtareasfollows:

• FixedIncomeTeam–RiskassessmentandmonitoringofinvestmentinSecuritizedDebtisdonebythefixedincometeam

• Ratingsaremonitoredforanymovement–Basedonthecash-flowreportandanalystview,periodicreviewofutilizationofcreditenhancement shall be conducted and ratings shall be monitored accordingly.

• Wherevertheschemeportfolioisdisclosed,theAMCmaygiveacomprehensivedisclosureofSecuritiseddebtinstrumentsheldinlinewith SEBI requirement.

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Note: The information contained herein is based on current market conditions and may change from time to time based on changes in such conditions, regulatory changes and other relevant factors. Accordingly, our investment strategy, risk mitigation measures and other information contained herein may change in response to the same.

POSITION OF DEBT MARKET IN INDIA

Indian fixed income market, one of the largest and most developed in South Asia is now well integrated with the global financial markets. Screen based order matching system developed by the Reserve Bank of India (RBI) for trading in government securities, straight through settlementsystemforthesame,settlementsguaranteedbytheClearingCorporationofIndia, interestratefutures(IRFs)andinnovativeinstruments likeCBLOhavecontributed in reducing the settlement riskand increasing theconfidence levelof themarketparticipants.Initiatives like settlement of corporate bonds through clearing corporations, eligibility of repo in corporate bonds, and the soon to be introductionofcreditdefaultswaps(CDS)oncorporatebondsarelikelytoaidinthedevelopmentofthecorporatebondmarket.Corporatebonds are traded in dematerialised form and institutional investors’ preference for listed instruments has resulted in most of the bonds gettinglisted.Thishasimprovedthedisclosurestandardsbytheissuers.TheUnionBudget2011-2012hasraisedtheoveralllimitofforeigninstitutional investors’ (FIIs) investment inthedomestic fixed incomemarketto50billiondollars,thereby likelytofurtherattractglobalinvestors to the Indian Market.

The RBI reviews the monetary policy eight times a year giving the guidance to the market on direction of interest rate movement, liquidity and credit expansion. The central bank has been operating as an independent authority, formulating the policies to maintain price stability andadequateliquidity.Creditratingagencieshavebeenplayinganimportantroleinthemarketandareanimportantsourceofinformationto manage the credit risk.

Government(CentralandState)isthelargestissuerofdebtinthemarket.Publicsectorenterprises,quasigovernmentbodiesandprivatesector companies are other issuers. Insurance companies, provident funds, banks, mutual funds, financial institutions, corporates and FIIs aremajorinvestorsinthemarket.Governmentloansareavailableupto30yearsmaturity.Varietyofinstrumentsavailableforinvestmentsinclude plain vanilla bonds, floating rate bonds, money market instruments, structured obligations. Interest rate derivatives make it possible to manage the interest rate risk effectively. The securities available are listed or unlisted, secured or unsecured, public issue or private placements.

D. WHERE WILL THE SCHEME INVEST?

TheSchemeundernormalmarketconditions,willinvestitsassetsprimarilyinfixedincome–debtandmoneymarketsecuritiesandbalancein equity and equity related securities.

Moneymarket securities include, but are not limited to, Treasury Bills, Commercial Paper, Inter BankCall and TermMoney*,CBLO,CertificatesofDepositofScheduledCommercialBanks,Financial InstitutionsandDevelopmentFinancial Institutions,BillsofExchange/PromissoryNotesofPublicSectorandPrivateSectorCorporateEntities(co-acceptedbybanks),GovernmentsecuritieswithunexpiredmaturityofnotmorethanoneyearandotherMoneyMarketsecuritiesasmaybepermittedbySEBI/RBIfromtimetotimeandinthemanner prescribed under the Regulations.

* At present Mutual Funds are not permitted to participate in Inter Bank Calls. The Scheme will participate in Inter Bank Calls only if & when Mutual Funds are permitted to do so as per applicable Regulations.

Debtsecuritiesinclude,butarenotlimitedto,DebtObligationsoftheGovernmentofIndia,StateandLocalGovernments,GovernmentAgencies,StatutoryBodies,PublicSectorUndertakings,PublicSectorBanksorPrivateSectorBanksoranyotherBanks,FinancialInstitutions,DevelopmentFinancialInstitutions,andCorporateEntities.

The Debt Securities (including money market instruments) referred to above could be fixed rate or floating rate, listed, unlisted, privately placedorsecuritiseddebtsecurities,amongothers,transactedonanoutrightorrepo/reversereposbasis,aspermittedbyRegulations.

The Investment Manager will invest only in those debt securities that are rated investment grade or above by a domestic credit rating agency authorisedtocarryoutsuchactivity,suchasCRISIL, ICRA,CARE,FITCH,etc.andor inunrateddebtsecurities,whichthe InvestmentManager believes to be of equivalent quality. Where investment in unrated debt securities is sought to be made, the specific approval of the BoardofDirectorsoftheAMCandTrusteeshallbeobtainedpriortoinvestment.

Equity and equity related securities include convertible bonds and debentures and warrants carrying the right to obtain equity shares; ADRs /GDRsissuedbyIndiancompanies;IDRs,Derivativeinstrumentslikeoptionsandfuturesonequitysecurities/indicesandanyinstrumentsas may be permitted under the Regulations from time to time.

Theschememayinvestinvariousderivativesinstruments(underbothsegments–debtand/orequity)whichareavailableforinvestmentinIndian Markets from time to time and which are permissible under the Regulations from time to time. Investment in such instruments will be made in accordance with the investment objective and the strategy of the Scheme.

Theschememayinvestinsecurities(includingMutualFundUnits)inoverseasmarkets,inaccordancewithguidelinesstipulatedinthisregardby SEBI and RBI from time to time.

TheschememayinvestinotherschemesmanagedbytheAMCorintheschemesofanyotherMutualFunds,provideditisinconformitytothe investment objective of the Scheme and in terms of the prevailing Regulations. As per the Regulations, no investment management fees will be charged for such investments.

Any other like instruments as may be permitted by SEBI from time to time.

E. WHAT ARE THE INVESTMENT STRATEGIES?

The scheme will be managed according to the investment objective, thereby seeking to generate regular income through a portfolio




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comprising of fixed income securities along with capital appreciation through exposure to equity and equity related securities.

This scheme endeavors to manage and diversify risk through asset allocation. The scheme is meant for investors with a medium to long term investment horizon.

Thelevelofequityallocationintheschemewillbedeterminedbasedonarangeoftheindicative1YearforwardPriceEarnings(PE)ratiosofS&PCNXNifty(PEband)asshownbelow.AthigherPEratios,thefundwillreduceallocationtoequitiesinordertominimizethedownsiderisk. Similarly at lower PE ratios, it will increase allocation to equities in order to capitalize on their upside potential.

The various PE ratio bands and the respective equity allocation proposed under normal market conditions are given as under:

Indicative 1 Yr. Forward PE band of S&P CNX Nifty Indicative Allocation to equitiesUpto12 20%–30%Between12–20 10%–20%Above20 0%–10%

Due to this inbuilt buy and sell mechanism of equity portion in the portfolio that will be triggered by varying levels of market PE, the fund wouldhaveinherentbuyandselldiscipline.TheTrusteesandAMCreservestherighttochangethePEratioband,oruseanyothercriteriafordeterminingtheequityallocationifS&PCNXNiftyIndexisunavailable,suspendedorbecomesirrelevant.

Theportfoliorebalancing(ofequityportion)shallbedoneonthebasisoftheaverageof1YearforwardPEratioofS&PCNXNifty.Theaverageshallbecomputedbytaking1yearforwardPEforthelast5workingdaysofmonth.Theportfoliomanagershallendeavortodotherebalancing during the first 7 working days of the following month (rebalancing period).

The above mentioned PE band and corresponding asset allocation within each band may vary in future due to the following factors:

a. Structuralshiftinthegrowthpatternoftheeconomyleadingtochangesinsub–allocationsofequitiesatvariousPEbandsasPEisnormally viewed in relation to the economy’s growth potential and future projections

b. Shift in the overall interest rate structure in the economy as earnings yield (inverse of PE) of equities when compared with the prevailing relevant interest rates in the economy closely determines attractiveness of equity investments

c. Any changes due to Regulatory requirements such as changes in reporting formats, accounting standards etc

d. WhenAMCandTrusteesbelievethatspecialandunanticipatedcircumstancesarisewhichnecessitatechangesintheabovetableintheinterest of the investors.

Itshouldbenotedthattheoverallbandforequityallocation(0%–30%)asstatedunderSectionII“Informationaboutthescheme”;sub-sectionc“HowWillTheSchemeAllocateItsAssets”willnotundergoanychangeduetotheabovementionedreasons.TheabovefactorsmayonlyleadtochangesintheIndicativePEbandofS&PCNXNiftyandthereforecorrespondingchangesintheIndicativeAllocationwithintheoverallassetallocationlimitofupto30%toequity and equity related securities (i.e. changes in sub allocation of equity portion within various PE bands).

Thusanychangeduetotheabovementionedfactorswithinthesub–allocationofequityportionatvariousPEbandsinfuturewillnotleadto changes in the fundamental attributes of the scheme. The portfolio manager shall endeavour to align the scheme’s asset allocation as per the method described above during the rebalancing period or at the time of making investments as the case may be.

ForwardPEratiosofS&PCNXNiftywillbeobtainedfromasourceslikeBloomberg,agencysuchasIISL,recognizedbrokeragehouseoranyothersourceasmaybedeemedfitbytheAMC.

Fixed Income Investments:

Undernormalmarketconditions,majorityof theportfolioof the schemeshallbe invested in fixed incomesecurities.The fundwillbemanaged with due consideration given to existing market trends and their potential effects on intermediate results.

The investment team will take a view based on the key drivers affecting the interest rate scenario. The portfolio construction will be guided by current market conditions, the interest rate outlook, the yield curve, absolute and relative yields of different types of securities and their liquidity, the credit rating and outlook of different issuers. Therefore, some of the factors that will influence investment strategy are:

• Prevailinginterestratescenarioandfutureoutlook

• Returnsofferedoncomparable,alternativeinvestmentavenuesofsimilarriskprofile.

• Creditqualityofthesecurity

• Termtomaturityofthesecurity

• Liquidityoftheportfolio/security

• StateoftheIndianeconomyaswellasdevelopmentsinglobalmarkets

• AnyotherfactorsconsideredrelevantintheopinionoftheFundManager

The Scheme may also invest a certain portion of its corpus in money market securities to meet liquidity requirements from time to time. The Scheme may invest in derivatives for the purposes of hedging and portfolio balancing, i.e. taking interest rate calls or as may be permitted undertheRegulationsfromtimetotime.TheAMCretainstherighttoenterintosuchderivativetransactionsasmaybepermittedbytheapplicable regulations from time to time.

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Thecreditqualityof theportfoliowillbemaintainedandmonitoredusing in-houseresearchcapabilitiesaswellas inputs fromexternalsources such as independent credit rating agencies. The investment team will primarily use a bottom up approach to assess the quality of the security/instrument(includingthefinancialhealthoftheissuer)aswellastheliquidityofthesecurity.

Investmentsindebtsecuritiescarryvariousriskssuchasinterestraterisk,liquidityrisk,defaultrisk,re-investmentrisketc.Whilstsuchriskscannot be eliminated, they may be minimized through diversification and effective usage of hedging techniques.

Equity Investments:

With regard to equity investments, the fund will employ its diligent bottom up stock selection process. The Scheme would invest predominantly in a diversified portfolio constituting equity and equity related instruments of companies that the fund manager believes have sustainable business models, and potential for capital appreciation. The Scheme would follow an actively managed approach allowing it the flexibility topursueopportunitiesacrosstheentiremarketcapitalizationspectrum,fromsmallercompaniestowell-establishedlarge-capcompanies,without having any bias in favour of sectoral allocations.

The fund will look for strong, healthy and undervalued high quality companies with sound or improving balance sheet. The broad parameters toidentifysuchcompaniesare–BusinessFranchise;Managementqualityandvaluations.

Investments made from the Scheme would also be in accordance with prevailing provisions of SEBI regulations.

• The Schememay invest in other schemesmanaged by the AMCor in the schemes of any otherMutual Funds, provided it is inconformity to the investment objectives of the Scheme and in terms of the prevailing Regulations. As per the Regulations, no investment management fees will be charged for such investments.

• Fromtimetotimeandsubjecttotheregulations,theAMCmayinvestinthisScheme.ThedecisiontoinvestintheschemebytheAMCwillbebasedonparametersspecifiedbytheBoardoftheAMC.

STRATEGIES INVOLVING DERIVATIVES

Since the scheme has the ability to invest in both fixed income and equity securities, the scheme can enter into derivative transaction in both segments of the market (i.e. fixed income as well as equity) as per the prevailing regulations.

Strategies involving Investments in Fixed Income Derivatives

The Scheme may invest in various derivatives instruments including interest rate swaps and forward contracts which are available for investment in Indian Markets from time to time and which are permissible under the Regulations from time to time. Investment in such instruments will be made in accordance with the investment objective and the strategy of the Scheme. The investments shall also be subject to the internal limits as may be laid down from time to time and such limits and restrictions as may be prescribed by the Regulations or any other regulatory body.

Concepts and Examples (for illustrative purpose only):

Derivativesare financial contractsofpre-determined fixedduration,whosevaluesarederived fromthevalueof anunderlyingprimaryfinancial instrument, commodity or index, such as: interest rates, exchange rates, commodities, and equities.

Interest Rate Swaps

Interest Rate Swaps is an agreement between two parties (counterparties) to exchange payments at specified dates on the basis of a specific amount with reference to a specified reference rate. Swap Agreements provide for period payment dates for both parties where payments arenettedandonlythenetamountispaidtothecounterpartyentitledtoreceivethenetpayment.Consequently,theScheme’scurrentobligations (or rights) under a swap agreement will generally be equal only to the net amount to be paid or received under the agreement, based on the relative values of the possession held by each counterparty.

Example of a swap transaction:

Assume that the Scheme has a `50crorefloatingrateinvestmentlinkedtoMIBOR(MumbaiInterBankOfferedRate).Thus,theSchemehas a potential interest rate risk and stands to incur a loss if the interest rate moves down. To hedge this interest rate risk, the Scheme can enterintoa6monthMIBORswaponJuly1,2010for6monthsthatisuptoJanuary1,2011.Throughthisswap,theSchemewillreceiveafixeddeterminedrate(assume8%)andpaysthe‘benchmarkrate’(MIBOR),whichisfixedbyanintermediarywhorunsabookandmatchesdeals between various counterparties, such intermediary could be the NSE or the Reuters. This swap would effectively lock in the interest rateof8%forthenext6months,eliminatingthedailyinterestraterisk.

OnJanuary1,2010theSchemeisentitledtoreceiveintereston`50croreat8%for180daysi.e.,`2crores(thisamountisknownatthetime the swap is concluded) and will pay the compounded benchmark rate. The counterparty is entitled to receive the daily compounded callratefor180daysandpay8%fixedrate.OnJanuary1,2010,ifthetotalinterestonthedailyovernightcompoundedbenchmarkrateishigher than `2crore,theSchemewillpaythedifferencetothecounterparty.Ifthedailycompoundedbenchmarkrateislower,thenthecounterparty will pay the Scheme the difference.

Effectively,theSchemeearnsinterestattherateof8%p.a.for6monthswithoutlendingmoneyfor6monthsfixed,whilstthecounterpartypaysinterest@8%p.a.for6monthson`50croreswithoutborrowingfor6monthsfixed.

Forward Rate Agreement

Forward rate agreement is a transaction in which the counterparties agree to pay or receive the difference between an agreed fixed rate and



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the interest rate prevailing on a stipulated future date, based on a notional amount, for an agreed period. As the interest rate is fixed now for a future period, the only payment is the difference between the agreed fixed rate and the reference rate in the future. As in the case of interest rate swaps, only notional amounts are exchanged.

AssumethatonJune30,2010,the90daycommercialpaper(CP)rateis8.75%andtheSchemehasaninvestmentinaCPoffacevalue` 25croreswhichisgoingtomatureonSeptember30,2010.IftheinterestratesarelikelytoremainstableordeclineafterSeptember2010,andifthefundmanager,whowantstore-deploythematurityproceedsfor3moremonths,doesnotwanttotaketheriskofinterestratesgoingdown,hecanthenenterintoafollowingforwardrateagreement(FRA)sayasonJune30,2010:

Hecanreceive3X6FRAonJune30,2010at8.75%(FRAratefor3monthslendingin3monthstime)onthenotionalamountof̀ 25crores,withareferencerateof90dayCPbenchmark.IftheCPbenchmarkonthesettlementdatei.e.September30,2010fallsto8.5%,thentheSchemereceivesthedifference8.75–8.5i.e.25basispointsonthenotionalamount`25croresfor3months.Thematurityproceedsarethenreinvestedatsay8.5%(closetothebenchmark).Thescheme,however,wouldhavelockedintherateprevailingonJune30,2010(8.75%)asitwouldhavereceived25basispointsmoreassettlementamountfromFRA.ThusthefundmanagercanuseFRAtomitigatethereinvestment risk.

Inthisexample,iftheratesmoveupby25basispointsto9%onthesettlementdate(September30,2010),theSchemeloses25basispointsbutsincethereinvestmentwillthenhappenat9%,effectivereturnsfortheSchemeisunchangedat8.75%,whichistheprevailingrateonJune30,2010.

Forward Contracts:

Forward contract is a transaction in which the buyer and the seller agree upon the delivery of a specified quality (if commodity) and quantity of underlying asset at a predetermined rate on a specified future date.

AssumethatonJune30,2010,theschemehasinvested1milliondollarsinaUStreasurysecurity.FundmanagerexpectsthattheyieldsintheUSwillcomedowninthenext6monthsandplanstoselltheassetonDecember31,2010tobookthegain.Rupeeistradingat`44toaUSDollaronJune30,2010.IfrupeeappreciatescomparedtotheDollarinthese6monthstosay`43.50perDollar,theSchemewillearnlowerreturnsinRupeetermswhenthefundmanagersellstheinvestmentsonDecember31,2010andconvertstheproceedsintoRupees.Hecanmitigatethisexchangerateriskbyenteringintoaforwardcontracttosell1milliondollarsonJune30,2010forvalueDecember31,2010(6monthforward)andreceivetheprevailingpremiumofsay40paiseperDollari.e.hehaslockedinarateof`44.40perUSDollarfordeliveryonDecember31,2010.WiththistheSchemeisnotexposedtothelossofRupeeappreciationorprofitfromRupeedepreciation.

On the equities side, the fund manager may use selective derivative strategies with a view to optimize the overall performance of the Scheme.

Strategies involving Investments in Equity Derivatives

The Scheme may invest in various derivatives instruments including futures (index and stock), options (index and stock), currency swaps and forward contracts which are available for investment in Indian markets from time to time and which are permissible as per the applicable regulations. Investment in such instruments will be made in accordance with the investment objective and the strategy of the Scheme to protect the value of the portfolio and to enhance returns. The investments shall also be subject to the internal limits as may be laid down from time to time and such limits and restrictions as may be prescribed by the Regulations or any other regulatory body.

All derivative Positions taken in a portfolio would be as per SEBI Regulations as amended from time to time. The current Regulations are as under:

(i) Position limit for the Fund in index options contracts:

a. The Fund position limit in all index options contracts on a particular underlying index shall be `500 croreor15%ofthetotalopeninterest of the market in equity index options, whichever is higher, per Stock Exchange.

b. This limit would be applicable on open positions in all options contracts on a particular underlying index.

(ii) Position limit for the Fund in index futures contracts:

a. The Fund position limit in all index futures contracts on a particular underlying index shall be `500croreor15%ofthetotalopeninterest of the market in index futures, whichever is higher, per Stock Exchange.

b. This limit would be applicable on open positions in all futures contracts on a particular underlying index.

(iii) Additional position limit for hedging:

In addition to the position limits at point (i) and (ii) above, the Fund may take exposure in equity index derivatives subject to the following limits:

a. Short positions in index derivatives (short futures, short calls and long puts) shall not exceed (in notional value) the Fund’s holding of stocks.

b. Longpositionsin indexderivatives(longfuturesand longcalls)shallnotexceed(innotionalvalue)theFund’sholdingofcash,governmentsecurities,T-Billsandsimilarinstruments.

(iv) Position limit for the Fund for stock based derivative contracts:

TheFundpositionlimitinaderivativecontractonaparticularunderlyingstock,i.e.stockoptioncontractsandstockfuturescontracts:-

a. Forstockshavingapplicablemarket-wiseposition limit(“MWPL”)of`500croresormore,thecombinedfuturesandoptions

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positionlimitshallbe20%ofapplicableMWPLor`300crores,whicheverislowerandwithinwhichstockfuturespositioncannotexceed10%ofapplicableMWPLor`150crores,whicheverislower.

b. Forstockshavingapplicablemarket-wisepositionlimit(MWPL)lessthan`500crores,thecombinedfuturesandoptionspositionlimitwouldbe20%ofapplicableMWPLandfuturespositioncannotexceed20%ofapplicableMWPLor`50crorewhicheverislower.

(v) Position limit for the Scheme:

The position limits for the Scheme and disclosure requirements are as follows:

a. For stock option and stock futures contracts, the gross open position across all derivative contracts on a particular underlying stock of a scheme of the Fund shall not exceed the higher of: 1% of the free float market capitalisation (in terms of number of shares).

Or

5%oftheopeninterestinthederivativecontractsonaparticularunderlyingstock(intermsofnumberofcontracts).

b. This position limit shall be applicable on the combined position in all derivative contracts on an underlying stock at a Stock Exchange.

c. For index based contracts, the Fund shall disclose the total open interest held by its scheme or all schemes put together in a particularunderlyingindex,ifsuchopeninterestequalstoorexceeds15%oftheopeninterestofallderivativecontractsonthatunderlying index.

As and when SEBI notifies amended limits in position limits for exchange traded derivative contracts in future, the aforesaid position limits, to the extent relevant, shall be read as if they were substituted with the SEBI amended limits.

Concepts and Examples: Derivativesarefinancialcontractsofpre-determinedfixeddurationwhosevaluesarederivedfromthevalueofan underlying primary financial instrument, commodity or index such as interest rates, exchange rates, commodities, and equities.

IndexFutures: IndexFutureshavebeen introducedbyBSEandNSE.Generally, three futuresof1month,2monthsand3monthsarepresently traded on these exchanges. These futures expire on the last working Thursday of the respective months. If the Nifty (Index) was 1875atthebeginningofamonthandthequotesforthethreefutureswereasunder

Month Bid Price Offer Price1 1880 18852 1900 19153 1910 1930

TheFundcanbuyanIndexofmonth1onthelastdayofthemonthpriortomonth1intheillustrationaboveatanofferpriceof1885.Numerical example of futures trade:

The following is a hypothetical example of a typical likely index future trade and the associated costs.

Particulars Index Futures Index Spot PriceIndex at the beginning of the month 1875 1875Price of 1 month future 1885A. Executioncost:CarryandotherIndexfuturecost

(1885–1875)10 Nil

B. Brokeragecost:Assumedat0.30%forIndexfutureand0.50%forspotstocks(0.30%of1885and0.50%of1875)

5.66 9.38

C. Gainsonsurplusfunds:(assumedat10%returnson90%ofthemoneyleftafterpaying10%margins)

(10%*1875*90%*30days/365)

13.87 Nil

TotalCost(A+B-C) 1.79 9.38

In this example, the Index Future trade has resulted in profitability compared to actual purchase of the underlying index stocks. The profitability of Index Future as compared to an individual security will inter alia depend upon the carrying cost, the interest available on surplus funds and the transaction cost. There are futures based on stock indices as mentioned above as also futures based on individual stocks.

Illustrative list of strategies that employ index futures:

(a) The Fund has an existing equity portion invested in a basket of stocks. In case the Fund Manager has a view that the equity markets are headed downwards, the Fund can then hedge the exposure to equity either fully or partially by initiating short futures positions in the index. A similar position in the long direction can also be initiated by the Fund to hedge its position of cash and permissible equivalents. Theextenttowhichthiscanbedoneisdeterminedbyexistingregulations/guidelines.

(b) To the extent permissible by extant regulations, the Scheme can initiate a naked short position in an underlying index future traded on a recognized stock exchange.

In case the Nifty near month future contract is trading at say, `1,850,andtheFundManagerhasaviewthatitwilldepreciategoingforward,the Fund can initiate a sale transaction of Nifty futures at `1,850withoutholdingaportfolioofequitystocksoranyotherunderlyinglongequity position. Once the price falls to `1,800aftersay,20days,theFundcaninitiateasquare-uptransactionbybuyingthesaidfuturesandbook a profit of `50.Correspondingly,theFundcantakealongpositionwithoutanunderlyingcash/cashequivalentsubjecttotheextantregulations.

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Risk associated with this strategy:

1. Lackofopportunitiesavailableinthemarket

2. Inabilityofderivativestocorrelateperfectlywiththeunderlyingindices

3. Execution risk, whereby the rates seen on the screen may not be the rate at which the ultimate execution takes place.

Strategies that employ Stock specific Futures and their objectives:

Individual stock futures are also available in the Indian equity markets. Stock futures trade either at a premium or at discount to the spot prices, the level of premium generally reflects the cost of carry. Stock specific issues may have a bearing on futures as speculators may find futuresasacost-effectivewayofexecutingtheirviewonthestock.However,suchexecutionsusuallyincreasethepremium/discounttothespot significantly, thereby giving rise to arbitrage opportunities for a fund.

(a) Selling spot and buying future: In case the Fund holds the stock of a company at say `1,000whileinthefuturesmarketittradesatadiscount to the spot price say at `980,thentheFundmaysellthestockandbuythefutures.Onthedateofexpiryofthestockfuture,theFundmayreversethetransactions(i.e.buyingatspot&sellingfutures)andearnarisk-free`20(2%absolute)onitsholdings.Asthis can be without any dilution of the view of the Fund on the underlying stock, the Fund can still benefit from any movement of the price in the northward direction, i.e. if on the date of expiry of the futures, the stock trades at `1,100whichwouldbethepriceofthefutures too, the Fund will have a benefit of `100wherebytheFundgetsthe10%upsidemovementtogetherwiththe2%benefitonthearbitrageandthusgettingatotalreturnof12%.

(b) Buying spot and selling future: Where the Fund holds the stock of a company trading in the spot market at `1,000whileittradesat`1,020inthefuturesmarket,thentheFundmaybuythestockatspotandsellinthefuturesmarkettherebyearning`20.Incaseofadequacy of cash with the Fund, this strategy may be used to enhance returns of the Scheme which was otherwise sitting on cash.

(c) Buying stock future: Where the Scheme wants to initiate a long position in a stock whose spot price is at say, `1,000andfuturesisat980,thentheFundmayjustbuythefuturescontractinsteadofthespottherebybenefitingfromalowercost.

(d) There for the fund do the Following: On the day Expired, the fund would by the stock in cash segment and let its stock future Poisson expire their by looking the initial gain

In case the Fund has a bearish view on a stock which is trading in the spot market at `1,000andthefuturesmarketatsay`980,theFund can express such a view, subject to extant SEBI regulations, by initiating a short position in the futures contract. In case the view is right and the futures price depreciates to say `900,theFundcansquareuptheshortpositiontherebyearningaprofitof`80.



2. Inabilityofderivativestocorrelateperfectlywiththeunderlyingsecurity

3. Executionrisk,wherebytheratesseenonthescreenmaynotbetherateatwhichtheultimateexecutiontakesplace.

Strategies that use Options and the objectives of such strategies:

Optioncontractsareoftwotypes–CallandPut–theformerbeingtheright,butnotobligation,topurchaseaprescribednumberofsharesat a specified price before or on a specific expiration date and the latter being the right, but not obligation, to sell a prescribed number of shares at a specified price before or on a specific expiration date. The price at which the shares are contracted to be purchased or sold is called the strike price. Options that can be exercised on or before the expiration date are called American Options while those that can be exercised only on the expiration date are called European Options. Option contracts are designated by the type of option, name of the underlying, expiry month and the strike price.

Numerical examples of Options:

Call Option (Buy): The Fund buys a call option at the strike price of say `1,000andpaysapremiumofsay`50.TheFundwouldearnprofits if the market price of the stock at the time of expiry of the option is more than `1,050(beingthetotalofthestrikepriceandthepremium thereon). If on the date of expiry of the option, the stock price is below `1,000,theFundwillnotexercisetheoptionwhileitlosesthe premium of `50.

Put Option (Buy): The Fund buys a Put Option at `1,000bypayingapremiumofsay`50.Ifthestockpricegoesdownto`900,theFundwould protect its downside and would only have to bear the premium of `50insteadofalossof`100whereasifthestockpricemovesup to say `1,100,theFundmaylettheoptionexpireandforegothepremiumtherebycapturing`100upsideafterbearingthepremiumof`50.

The above options positions can be initiated in both index based options as well as stock specific options. Permissible strategies involving index options and stock specific options would be the same as that of index futures and stock specific futures respectively.



2. Inabilityofderivativestocorrelateperfectlywiththeunderlyingsecurity

3. Executionrisk,wherebytheratesseenonthescreenmaynotbetherateatwhichtheultimateexecutiontakesplace.

Please note that the above examples are based on assumptions and are used only for illustrative purposes.

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SEBIvideitscircularno.Cir/IMD/DF/11/2010datedAugust18,2010broughtcertainmodification,asgivenbelow,inthecircularDNPD/CIR-29/2005datedSeptember142005,circularMFD/CIR/9/120/2000datedNovember242000andSEBIcircularMFD/CIR/18337/2002datedSeptember19,2002oninvestmentinderivativesbymutualfunds:

Exposure Limits

1. Thecumulativegrossexposurethroughequity,debtandderivativepositionsshouldnotexceed100%ofthenetassetsofthescheme.

2. MutualFundsshallnotwriteoptionsorpurchaseinstrumentswithembeddedwrittenoptions.

3. Thetotalexposurerelatedtooptionpremiumpaidmustnotexceed20%ofthenetassetsofthescheme.

4. Cashorcashequivalentswithresidualmaturityoflessthan91daysmaybetreatedasnotcreatinganyexposure.

5. Exposureduetohedgingpositionsmaynotbeincludedintheabovementionedlimitssubjecttothefollowing:

a. Hedgingpositionsarethederivativepositionsthatreducepossiblelossesonanexistingpositioninsecuritiesandtilltheexistingposition remains.

b. Hedgingpositionscannotbetakenforexistingderivativepositions.Exposureduetosuchpositionsshallhavetobeaddedandtreated under limits mentioned in Point 1.

c. Any derivative instrument used to hedge has the same underlying security as the existing position being hedged.

d. The quantity of underlying associated with the derivative position taken for hedging purposes does not exceed the quantity of the existing position against which hedge has been taken.

6. Mutual Funds may enter into plain vanilla interest rate swaps for hedging purposes. The counter party in such transactions has to be an entity recognized as a market maker by RBI. Further, the value of the notional principal in such cases must not exceed the value of respectiveexistingassetsbeinghedgedbythescheme.Exposuretoasinglecounterpartyinsuchtransactionsshouldnotexceed10%of the net assets of the scheme.

7. Exposure due to derivative positions taken for hedging purposes in excess of the underlying position against which the hedging position has been taken, shall be treated under the limits mentioned in point 1.

The AMC retains the right to enter into such derivative transactions as may be permitted by the SEBI regulations from time to time.

Portfolio Turnover

As the portfolio of the scheme will be actively managed, the Scheme may have a high turnover in order to achieve the investment objective. TheSchemebeinganopen-endedincomescheme,itisexpectedthattherewouldbeanumberofSubscriptionsandRedemptionsonadailybasis. Therefore, it is difficult to estimate with any reasonable measure of accuracy the likely turnover in the portfolio.

F. FUNDAMENTAL ATTRIBUTES

FollowingaretheFundamentalAttributesofthescheme,intermsofRegulation18(15A)oftheSEBI(MF)Regulations:

(i) Type of Scheme:

• Anopenendedincomescheme(Monthly Income is not assured and is subject to availability of distributable surplus.)

(ii) Investment Objective:

• MainObjective–AIG Monthly Income Plan seeks to generate regular income through investments in fixed income securities along with capital appreciation through exposure to equity and equity related securities.

There is no assurance that the objective of the scheme will be realized and the scheme does not assure or guarantee any returns. (Monthly Income is not assured and is subject to availability of distributable surplus.)

• InvestmentPattern–Undernormalcircumstances,itisanticipatedthattheassetallocationshallbeasfollows:

Instrument Indicative allocation (% of total assets) Risk ProfileMinimum Maximum High/Medium/Low

Debt*&Moneymarketsecurities 70 100 LowtoMediumEquity and Equity related securities 0 30 MediumtoHigh

*Debtsecuritiesmayincludesecuritizeddebtsupto25%ofthenetassets.

Subject to the Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities and applicable regulations. It must be clearly understood that the percentage stated above is only indicative and not absolute and that they can vary substantially depending upon the perception of the Investment Manager, the intention being at all times to seek to protect the interests of the unitholders. Such changes in the investment pattern will be for short term and for defensive considerations.However,therecanbenoassurancethattheinvestmentobjectiveoftheSchemewillberealized.

(iii) Terms of Issue:

a. Liquidityprovisionssuchaslisting,repurchase,redemption-PleaserefertoSection“III.UnitsandOffer”fordetails.



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b. AggregateFeesandExpenseschargedtothescheme-PleaserefertoSection“IV.FeesandExpenses”fordetails.

c. Anysafetynetorguaranteeprovided-ThisSchemedoesnotprovideanyguaranteedorassuredreturn

InaccordancewithRegulation18(15A)oftheSEBI(MF)Regulations,theTrusteesshallensurethatnochangeinthefundamentalattributesoftheScheme(s)andthePlan(s)/Option(s)thereunderorthetrustorfeeandexpensespayableoranyotherchangewhichwouldmodifytheScheme(s)andthePlan(s)/Option(s)thereunderandaffecttheinterestsofUnitholdersiscarriedoutunless:

• Awrittencommunicationabouttheproposedchange issenttoeachUnitholderandanadvertisement isgiven inoneEnglishdailynewspaperhavingnationwidecirculationaswellasinanewspaperpublishedinthelanguageoftheregionwheretheHeadOfficeoftheMutual Fund is situated; and

• TheUnitholdersaregivenanoptionforaperiodof30daystoexitattheprevailingNetAssetValuewithoutanyexitload.

G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?

TheBoardadoptedBenchmarkforcomparingtheperformanceoftheSchemeisCRISILMIPBlendedFundIndex.

TheCRISILMIPBlendedFund Index is ahybrid index thathasallocation toboth fixed incomesecurities (85%weighting)andequitiesthrough(15%weighting) toS&PCNXNifty.Thisassetallocation is theclosestmatch to the funds investmentstrategyand is thebestavailable index for the scheme in the Indian Markets.

The Trustee reserves the right to change the benchmark for evaluation of performance of the Scheme from time to time in conformity with the investment objective and appropriateness of the benchmark subject to SEBI Regulations, and other prevailing guidelines, if any.

H. WHO WILL MANAGE THE SCHEME?

The following fund managers will manage the investments under the scheme:

Sr. No.

Fund Manager/Age

Qualifications Brief Experience Other Schemes managed

1. For Fixed Income–Mr.Vikrant Mehta, 40Years

CFA(ICFAI),M.S.

AIGGlobalAssetManagementCompany(India)Pvt.Ltd.(December15,2006–tilldate)AIGIndiaLiaisonOffice(December4,2006-December14,2006)NVSBrokeragePrivateLimited(April,2003–December,2006)JMMorganStanleyFixedIncomeSecuritiesPrivateLimited (July,2000–April,2003)MataSecuritiesIndiaPrivateLimited(November,1994–July,2000)

AIGIndiaLiquidFund,AIG India Treasury Fund, AIG Short Term Fund, AIG World Gold Fund, AIG QuarterlyInterval Fund Series I and AIG QuarterlyInterval Fund Series II

2. ForEquities–Mr.HuzaifaHusain, 37Years

PGDM, B.Tech AIGGlobalAssetManagementCompany(India)Pvt.Ltd.(December15,2006–tilldate)TATAAIGLifeInsuranceCo.Ltd(May,2004–Dec,2006)PrincipalPNBAssetManagementCompanyPrivateLimited(August,2000–May,2004)SBIFundsManagementPrivateLimited(May,1997–August,2000)

AIG India Equity Fund and AIG Infrastructure and Economic Reform Fund

I. WHAT ARE THE INVESTMENT RESTRICTIONS?

As per the Trust Deed read with the Regulations, the following investment restrictions apply in respect of the Scheme at the time of making investments. All investments by the Scheme will be made in accordance with the investment objective, investment strategy and investment pattern described previously.

1) TheSchemeshallnotinvestmorethan15%ofitsnetassetsindebtinstruments(irrespectiveofresidualmaturity)issuedbyasingleissuer which are rated not below investment grade by a credit rating agency authorised to carry out such activity under the Act. Such investmentlimitmaybeextendedto20%ofthenetassetsoftheSchemewiththepriorapprovaloftheBoardoftheTrusteeandtheBoardoftheAMC.

Provided that such limit shall not be applicable for investments in government securities and money market instruments.

Providedfurtherthatinvestmentsindebtsecuritiesissuedbypublicbodies/institutionssuchaselectricityboards,municipalcorporations,statetransportcorporationsetc.guaranteedbytheStateorCentralGovernmentwouldbeincludedwithintheaforesaidlimit.

Provided further that investment within such limit can be made in mortgage backed securitised debt which are rated not below investment grade by a credit rating agency registered with the Board.

2) TheSchemeshallnotinvestmorethan10%ofitsnetassetsinunrateddebtinstruments(irrespectiveofresidualmaturity)issuedbyasingleissuerandthetotalinvestmentinsuchinstrumentsshallnotexceed25%ofthenetassetsoftheScheme.AllsuchinvestmentsshallbemadewiththepriorapprovaloftheBoardofTrusteesandtheBoardoftheAMC.

3) Noschemeshallinvestmorethanthirtypercentofit’snetassetsinmoneymarketinstrumentsofanissuer.

Provided that such limit shall not be applicable for investment in Government Securities, Treasury Bills and collateralized borrowing and lending obligations.

4) TheFundunderallitsschemeshallnotownmorethan10%ofanycompany’spaidupcapitalcarryingvotingrights.




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5) TransfersofinvestmentsfromoneschemetoanotherschemeintheFundshallbemadeonlyif:

a) suchtransfersaredoneattheprevailingmarketpriceforquotedinstrumentsonspotbasis.Explanation–“spotbasis”shallhavethe same meaning as specified by stock exchange for spot transactions.

b) the securities so transferred shall be in conformity with the investment objective of the scheme to which such transfer has been made.

6) TheSchememayinvestinanotherschemeunderthesameAMCoranyothermutualfundwithoutcharginganyfees,providedthataggregateinter-schemeinvestmentmadebyallschemeunderthesamemanagementorinschemeunderthemanagementofanyotherassetmanagementcompanyshallnotexceed5%ofthenetassetvalueoftheFund.

7) The Scheme shall buy and sell securities on the basis of deliveries and shall in all cases of purchases, take delivery of relative securities and in all cases of sale, deliver the securities.

Provided that the fund may engage in short selling of securities in accordance with the frame work relating to short selling and securities lending and borrowing specified by SEBI.

Provided that the Fund may enter into derivatives transactions in a recognised stock exchange, subject to the frame work specified by SEBI Provided further that sale of government security already contracted for purchase shall be permitted in accordance with the guidelines issued by RBI in this regard.

8) TheFundshall,getthesecuritiespurchasedortransferredinthenameoftheFundonaccountoftheScheme,whereverinvestmentsare intended to be of long term nature.

9) PendingdeploymentoffundsoftheSchemeinsecuritiesintermsofinvestmentobjectivesoftheScheme,theFundcaninvestthefundsof the Scheme in short term deposits of scheduled commercial banks subject to such guidelines as may be specified by SEBI.

10) NoSchemeshallmakeanyinvestmentin:

a) any unlisted security of an associate or group company of the Sponsor;

b) any security issued by way of private placement by an associate or group company of the Sponsor; or

c) thelistedsecuritiesofgroupcompaniesoftheSponsorwhichisinexcessof25%ofthenetassets.

11) The Scheme shall not make any investment in any fund of funds Scheme.

12) NoSchemeshallinvestmorethan10%ofitsnetassetsintheequitysharesorequityrelatedinstrumentsofanycompany:Providedthat,thelimitof10%shallnotbeapplicableforinvestmentsincaseofindexfundorsectororindustryspecificscheme.

13) NoSchemeshallinvestmorethan5%ofitsnetassetsintheunlistedequitysharesorequityrelatedinstrumentsincaseofopenendedschemeand10%ofitsnetassetsincaseofcloseendedscheme.

14) TheschememayinvestinADRs/GDRsofIndiancompanieslistedonoverseasstockexchanges.InvestmentinADRs/GDRsshallbemadetotheextentandinthemannerapprovedbyRBI/SEBI.TheSchemewilldeploynecessarymeasurestomanageforeignexchangemovementsarisingoutofsuchinvestments.Servicesofcustodiansandotherintermediaries/advisorsofinternationalreputewillbeusedfor safe custody, to advise on settlement and reporting of trades done in overseas stock exchanges.

15) NotermloansforanypurposemaybeadvancedbytheFundandtheFundshallnotborrowexcepttomeettemporaryliquidityneedsoftheSchemeforthepurposeofrepurchase,redemptionofUnitsorpaymentofinterestordividendstoUnitHolders,providedthattheFundshallnotborrowmorethan20%ofthenetassetsoftheSchemeandthedurationofsuchaborrowingshallnotexceedaperiodof six months.

16) Debentures, irrespective of any residual maturity period (above or below 1 year), shall attract the investment restrictions as applicable fordebtinstrumentsasspecifiedunderClause1and1AoftheSeventhScheduletotheRegulationsorasmaybespecifiedbySEBIfromtime to time.

17) TheFundmaylendsecuritiesinaccordancewith“GuidelinesforParticipationbyMutualFundsinStockLending”issuedbySEBIoranyamendments thereto.

18) TheSchememayalsousevariousderivativeandhedgingproductsfromtimetotime,asareavailableandpermittedbySEBI.

19) Ifanycompanyinvestsin/holdsmorethan5%oftheNAVoftheScheme,theninvestmentmadebytheSchemeoranyotherschemeof the Fund in that company or its subsidiaries will be disclosed in accordance with the Regulations.

20) TheSchemewillcomplywithanyotherRegulationapplicabletotheinvestmentsofMutualFundsfromtimetotime.

Theseinvestmentlimitations/parametersasexpressed(linkedtothenetasset/netassetvalue/capital)shall,intheordinarycourse,applyas at the date of the most recent transaction or commitment to invest and changes do not have to be effected merely because, owing to appreciation or depreciation in value or by reason of the receipt of any rights, bonuses or benefits in the nature of capital or of any scheme of arrangement or for amalgamation, reconstruction or exchange, or at any repayment or redemption or other reason outside the control of the Mutual Fund, any such limits would thereby be breached. If these limits are exceeded for reasons beyond its control, theAMCshalladoptasapriorityobjective,theremedyingofthatsituation,takingdueaccountoftheinterestsoftheUnitHolders.

Apart from the investment restrictions prescribed under the Regulations, internal risk parameters for limiting exposure to a particular scrip or sector may be prescribed from time to time to respond to the dynamic market conditions and market opportunities.


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TheTrustee/AMCmayaltertheabovestatedlimitationsfromtimetotimeandalsototheextenttheRegulationschangesoastopermitthe Scheme to make its investments in the full spectrum of permitted investments in order to achieve its investment objective.

J. HOW HAS THE SCHEME PERFORMED?

This being a new Scheme, there is no performance track record.

K. HOW IS THE SCHEME DIFFERENT FROM THE EXISTING OPEN ENDED INCOME SCHEMES OF THE MUTUAL FUND?

AIG Monthly Income Plan endeavors to manage and diversify risk through asset allocation and is meant for investors with a medium to long term investment horizon. The scheme will seek to generate regular income through a portfolio comprising of fixed income securities along with capital appreciation through exposure to equity and equity related securities.

Theschemeisanopenendedincomeschemehavingflexibilitytoinvestupto30%ofitsassetsinequityandequityrelatedsecuritieswithbalance in fixed income securities.


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III – UNITS AND OFFERThis section provides details you need to know for investing in the Scheme.

A. NEW FUND OFFER (NFO)

New Fund Offer Period

This is the period during which a new scheme sells its unit to the investor.Name New Fund Offer opens New Fund Offer closesAIG Monthly Income PlanExtension or Termination of NFO Period

The Trustee reserves the right to extend the closing date of the NFO period, subject to the condition that the subscription list shall not be keptopenformorethan15(Fifteen)days,orclosethesubscriptionlistearlierbygivingatleastonedaypriornoticeinonedailynewspaper.New Fund Offer Price:

This is the price per unit that the investors have to pay to invest during the NFO.

TheUnitscanbepurchasedat`10/-perunit

Minimum Amount for Application in the NFO

`5,000/-andinmultiplesof` 1 thereafter. `1,000/-forinvestorsoptingforSIP.

Minimum Target amount

This is the minimum amount required to operate the scheme and if this is not collected during the NFO period, then all the investors would be refunded the amount invested without any return. However, if AMCfails to refund the amount within 5 working days, theninterest as specified by SEBI (currently15%p.a.)willbepaidto the investors from the expiry of5workingdaysfromthedateof closure of the subscription period.

The Fund seeks to collect a minimum subscription amount of `50(fifty)lakhsundertheSchemeduringthe NFO Period. In the event this amount is not raised during the NFO Period, the amount collected under theSchemewill be refunded to the applicantsof the schemewithin5workingdays from theclosureoftheNFO.IftheFundrefundstheamountafter5workingdaysfromthedateofclosureofthesubscriptionperiod,thentheAMCshallbeliabletopayinterestat15%perannum.

Maximum Amount to be raised (if any)

This is the maximum amount which can be collected during the NFO period, as decided by theAMC.

There is no upper limit on the total amount collected under the scheme during the NFO period.

Options offered The schemeoffers twooptions –GrowthOption andDividendOption.TheDividendoptionoffersDividend Payout and Dividend Reinvestment facilities.

If the investor does not clearly specify the choice of option at the time of investing, it will be treated as a GrowthOption.IftheinvestordoesnotclearlyspecifythechoiceofPayout/Reinvestmentfacilitywithinthe Dividend option, it will be treated as a Re-investment.

If the investor does not clearly specify the frequency of Dividend within the dividend option, it will be treated as a Half – yearly.

The Investors should note that NAVs of the Dividend Option and the Growth Option will be different after the declaration of dividend under the Scheme.

Dividend Policy The Trustee may decide to distribute dividend subject to the availability of distributable surplus as calculated in accordance with the Regulations and if such distributable surplus is adequate for distribution in the opinion of the Trustee. The Trustee's decision with regard to availability and adequacy, rate, timing andfrequencyofdistributionshallbefinal.ThedividendwillbeduetoonlythoseUnitHolderswhosenamesappearintheRegisterofUnitHoldersintheDividendoptionoftheSchemeontherecorddatewhichwillbeannouncedinadvance.TheAMCshalldespatchtotheUnitHolders,thedividendwarrantswithin30daysofthedateofdeclarationofdividend.

In case the dividend amount is less than `100suchdividendshallbecompulsorilyreinvested.

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Allotment Subject to receipt of minimum subscription amount, full allotment will be made to all valid applications receivedduringtheNewFundOfferPeriod.Allotmentofunitswillbecompletednotlaterthan5workingdays after the close of the New Fund Offer Period.

Allallotmentswillbeprovisional,subjecttorealisationofpaymentinstrumentandsubjecttotheAMChaving been reasonably satisfied that the Mutual Fund has received clear funds.

An applicant whose application has been accepted shall have the option either to receive the statement of accounts or to hold units in dematerialised form.

AnAccountStatementorallotmentadviceas thecasemaybewillbe sentbyordinarypost/courier/electronicmailtoeachUnitholder,statingthenumberofUnitsallotted,notlaterthan5workingdaysfrom the close of New Fund Offer Period and after every additional purchase. In case the investor providesthee-mailaddress,theFundwillprovidetheAccountStatementonlythroughemailmessage.TheAccountStatements shallbenon-transferable. If theUnitholder sodesires,non-transferableunitcertificateswillbeissuedwithin5workingdaysofthereceiptofrequestforthecertificate.

AllotmentofUnitsanddispatchofAccountStatementstoFIIswillbesubjecttoRBIapproval.Refund If the Scheme fails to collect the minimum subscription amount of `50lakhs,theFundshallbeliableto

refund the money to the applicants.

In addition to the above, the refund of subscription money to the applicants whose applications are treated as invalid or rejected for any other reason whatsoever will commence immediately after the allotmentprocessiscompleted.Refundswillbecompletedwithin5workingdaysoftheclosureoftheNFOPeriod.IftheFundrefundstheamountaftersuch5workingdays,theAMCshallbeliabletopayinterestat15%perannum.Refundorderswillbemarked"A/cPayeeonly"anddrawninthenameoftheapplicant (in the case of a sole applicant) and in the name of the first applicant in all other cases. All refund cheques will be mailed by registered post or as per the applicable Regulations.

Who can invest

This is an indicative list and you are requested to consult your financial advisor to ascertain whether the scheme is suitable to your risk profile.

Prospective investors are advised to satisfy themselves that they are not prohibited by any law governing them and any Indian law from investing in the Scheme and are authorized to purchase units of mutual funds as per their respective constitutions, charter documents, corporate / other authorizations andrelevant statutory provisions. The following is an indicative list of persons who are generally eligible and mayapplyforsubscriptiontotheUnitsoftheScheme:

• AdultIndividualsbeingpersonsresidentinIndia,eithersinglyorjointly(notexceedingthree);

• Minorthroughparent/lawfulguardian;(PleaserefertoStatementofAdditionalInformation(SAI)forfurther details on investment from Minor through Guardian);

• Companies, bodies corporate, public sector undertakings, association of persons or bodies ofindividualsandsocietiesregisteredundertheSocietiesRegistrationAct,1860;

• Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt ofnecessary approvals as required) and Private Trusts authorized to invest in mutual fund schemes under their trust deeds;

• PartnershipFirmsconstitutedunderthePartnershipAct,1932;

• AHinduUndividedFamily(HUF)throughitsKarta;

• Banks(includingCo-operativeBanksandRegionalRuralBanks)andFinancialInstitutions;

• Non-ResidentIndians(NRIs)/PersonsofIndianOrigin(PIO)onfullrepatriationbasisoronnon-repatriation basis;

• ForeignInstitutionalInvestors(FIIs)registeredwithSEBIandSubaccountsregisteredwithSEBIonfull repatriation basis;

• Army,AirForce,Navyandotherpara-militaryfundsandeligibleinstitutions;

• ScientificandIndustrialResearchOrganisations;

• Provident/Pension/GratuityandsuchotherFundsasandwhenpermittedtoinvest;

• InternationalMultilateralAgenciesapprovedbytheGovernmentofIndia/RBI;

• TheTrustee,AMCorSponsorortheirassociates(ifeligibleandpermittedunderprevailinglaws);and

• Amutualfundthroughitsschemes,includingfundoffundsschemes.

Other schemes of the AIG Global Investment Group Mutual Fund may, subject to the conditions and limitsprescribedintheRegulationsand/orbytheTrustee,AMCorSponsor,subscribetoUnitsunderthe Scheme.

TheFundreservestherighttoinclude/excludenew/existingcategoriesofinvestorstoinvestinthe Scheme from time to time subject to the Regulations and other prevailing statutory regulations, if any.

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SubjecttotheRegulations,anyapplicationforUnitsmaybeacceptedorrejectedinthesoleandabsolute discretion of the Trustee. For example, the Trustee may reject any application for the PurchaseofUnitsiftheapplicationisinvalidorincompleteorif,initsopinion,increasingthesizeofanyoralloftheScheme’sUnitcapitalisnotinthegeneralinterestoftheUnitHolders,oriftheTrustee for any other reason does not believe that it would be in the best interest of the Scheme or itsUnitHolderstoacceptsuchanapplication.

TheAMC /Trusteemayneed toobtain from the investor, verificationof identityor suchotherdetailsrelatingtoasubscriptionforUnitsasmayberequiredunderanyapplicablelaw,whichmayresult in delay in processing the application.

Everyinvestor,dependingonanyoftheabovecategoryunderwhichhe/she/itfalls,isrequiredtoprovidetherelevantdocumentsalongwiththeapplicationformasmaybeprescribedbyAMC.

Who cannot invest It should be noted that the following entities cannot invest in the Scheme:• AForeignNational or anyother entity that is not a personResident in India under theForeign

ExchangeManagementAct,1999,exceptwhereregisteredwithSEBIasaFIIorFIIsubaccount.• Non-ResidentIndiansresidingintheUnitedStatesofAmericaandCanada.TheFundreservestherighttoinclude/excludenew/existingcategoriesofinvestorstoinvestintheScheme from time to time, subject to SEBI Regulations and other prevailing statutory regulations, if any.SubjecttotheRegulations,anyapplicationforUnitsmaybeacceptedorrejectedinthesoleandabsolutediscretion of the Trustee.TheAMC/TrusteemayneedtoobtainfromtheinvestorverificationofidentityorsuchotherdetailsrelatingtoasubscriptionforUnitsasmayberequiredunderanyapplicablelaw,whichmayresultindelayin processing the application.

Where can you submit the filled up applications

TheinvestorscansubmittheNFOapplicationstoAMC,ISCs,BranchesofCollectionBank(s)andsuchothercollectioncentersasdesignatedbytheAMC.ThenamesandaddressesoftheDesignatedCollectionCentersarementionedintheApplicationForm.Investors can also log on to www.camsonline.com and at the website of the fund.In addition to the above, during the NFO period, the investors also have the option to subscribe to the units of this Scheme through the Application Supported by Blocked Amount (ASBA) facility. Investors using the ASBA facility are requested to carefully read the detailed provisions related to ASBA in the Statement of Additional Information (SAI) and ASBA Application Form. ASBAapplicationsareavailableatSelf-CertifiedSyndicateBanks(SCSBs)andcanbesubmittedonlyatSCSBattheirdesignatedbranches.ListofSCSBsandtheirdesignatedbranchesshallbedisplayedontheSEBIwebsite(www.sebi.gov.in),BSE website (www.bseindia.com), NSE website (www.nseindia.com).Also,stockbrokersregisteredwithrecognizedstockexchangesandempanelledwiththeAMCshallalsobe considered as official points of acceptance of transactions.

How to Apply A. Application through Physical Mode: In order to apply to the units of the scheme of AIG Global Investment Group Mutual Fund, the

investor would have to fill up the Main application form, enclose the cheque for investment, copy of thePANcard,copyoftheKYCletter.Thefilledapplicationformwouldhavetobesubmittedatanyof our designated collection centers. The NAV applicability for the application will be dependent on the time at which the application was submitted and time stamped.

B. Application through ASBA: Investors may also apply through the ASBA process during the NFO period of the scheme by filling

intheASBAformandsubmittingthesametotheirrespectiveSCSBs,whichinturnwillblocktheamount in the account as per the authority contained in the ASBA form, and undertake other tasks as per the procedure specified therein.

For complete details on ASBA, please refer Statement of Additional Information (SAI) and the ASBA application form

C. Application through Stock Exchange Infrastructure (MFSS/ BSE StAR MF Platform): InvestorswhowishtoholdunitsindematerializedformcanapproachtheirAMFICertifiedStock

ExchangeBrokersaswellasclearingmembers[NationalSecuritiesClearingCorporationLimited(NSCCL) and Indian Clearing Corporation Limited (ICCL)] of registered stock exchanges forinvesting through MFSS and BSE StAR MF platform. The subscription amount should be below ` 1 crore. Investor investing through the MFSS and BSE StAR MF platforms cannot do switches or opt for facilities such as SWP and STP.

Pleaserefertodetailson‘FAQsonPurchaseandRedemptionofunitsonNSEandBSEplatform’available on our website www.aiginvestments.co.in

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How to pay A. Payment through physical instrument (Cheque/ RTGS/NEFT/ DD):

Allcheques/draftsmustbedrawnfavouring“AIGMonthlyIncomePlan”.Theyshouldbecrossed“Account Payee only”. A separate cheque or bank draft must accompany each application.

Safe mode of writing cheque: As a best practice, it is recommended to investors that the subscription / purchase payment instruments such as cheque(s) / demand drafts/ pay orders bedrawn in favor of the scheme name followed by name of the first holder or his PAN No. or existing Folio No.

Example;“SchemeName–FirstHolder’sName”or“SchemeName–FirstHolder’sPANNo.”or“SchemeName–FirstHolder’sFolioNo.”

While issuing payment from various modes, applicants need to ensure the following:

a. Cheque payment: either name is preprinted on the cheque or if not, then the signature on the cheque matches with the signature on the application form.

b. If the above information is not available then investor should submit a self attested copy of bank statement or pass book or a letter from the banker stating the account holder’s name and account number.

c. RTGS / NEFT / Transfer Letters: IncaseofRTGS/NEFT/TransferLetter,investorshouldsubmitthe copy of bank instruction containing the source bank account number that is being debited for remittance.

d. Acceptance of Demand Draft (DD) issued from Investor’s Bank Account for subscription of units:

Investors may purchase DDs from his bank account by submitting any one of the following along with the application form and other relevant documents:

• Aproofofdebit to the investor’sbankaccount in the formofabankmanager’scertificatewith details of account holder’s Name, bank account number and PAN as per bank records, if available or;

• Acopyoftheacknowledgementfromthebank,whereinthe instructionstodebitcarrythebank account details and name of the investor as an account holder are available or;

• Acopyofthepassbook/bankstatementevidencingthedebitforissuanceofaDD

e. Acceptance of Demand Draft (DD) issued by the Bank against Cash:

InvestorsareherebyintimatedthatwhileprocuringaDDagainstCash,followingdocumentsshallbe mandatory:

• Banker’scertificateforissuanceofaDDagainstcash,statingtheinvestor’sname,investor’sbank account number and his PAN (if available) as per bank record

However,itmustbeensuredthatbankaccountnumberoftheinvestormentionedinPointno.d&eaboveisthesameasthe/oneoftheregisteredbankaccountmandate(s)withthefundor the bank details mentioned in the application form.

Multiple Bank registration is encouraged for investors who wish to issue and receive payments inmorethanonebankaccount.PleasereadmoredetailsunderSection“III.UnitsandOffer”undersub-section“B.OngoingOfferDetails-BankAccountDetails”.

Note: The above scrutiny may not be possible at front offices and hence the source funds and relevant documents shall be verified and check subsequently. This may lead to refunds and rejects post allotment of units.

The cheque should be payable at a bank’s branch, which is situated at and is a member of the Banker’sClearingHouse/ZoneinthecitywheretheapplicationissubmittedtoaDesignatedCollectionCentre.

AninvestormayinvestthroughadistributorwithwhomtheAMChasmadeanarrangement.

The following modes of payment are not valid, and applications accompanied by such payments are liable to be rejected.

• Outstationchequesoroutstationdemanddrafts;

• Cash,moneyordersorpostalorders;

• Postdatedcheques;and

• Multiplechequeswithasingleapplication.

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If the bank clearing circle of a city, where the applicant is residing, is different from any of the investor servicecentersdesignatedbytheAMCfromtimetotime,theAMCshallbearthebankcharges(totheextent of the limit as prescribed in the SBI DD charge list)fordemanddraft(s)bornebytheAMC.TheAMCshallnotrefundanydemanddraftcharges.

Applicationsaccompaniedbycheques/draftsnotfulfillingtheabovecriteriaare liabletoberejected.Returned cheques are liable not to be presented again for collection, and the accompanying application forms are liable to be rejected. In case the retuned cheques presented again, the necessary charges are liable to be debited to the investor.

Note: The Trustee, at its discretion at a later date, may choose to alter or add other modes of payment.

Restriction on Acceptance of Third Party Payments for all subscriptions.

Pursuant to AMFI Best PracticeGuidelinesCircularNo. 135/BP/16/10 – 11 dated August 16, 2010,investment/subscriptionmadethroughThirdPartyPayment(s)*willnotbeacceptedwitheffectfromNovember15,2010.

i) AIG MF shall not accept subscription applications accompanied with “Third Party payments”. Exceptions are allowed for the following cases subject to submission of requisite documentation/declarations:

• PaymentbyParents/Grandparents/relatedpersons**onbehalfofaminorinconsiderationofnatural love and affection or as gift for a value not exceeding `50,000/-(eachregularpurchaseor per SIP installment) except for payment made by a guardian whose name is registered in the records of the fund in that folio

• PaymentbyEmployeronbehalfofemployeeunderSystematicInvestmentPlansorlump-sum/one-timesubscriptionthroughPayrolldeductions.

• CustodianonbehalfofanFIIoraclient.

*When a payment is from a bank account other than that of the beneficiary investor, the same is referred to as a “Third Party payment”. It is further clarified that incase of mutual fund subscriptions, the first unit holder is considered as the beneficiary investor, even if there are joint unit holders. Incase of payments from a bank account jointly held, the first holder of the mutual fund subscription has to be one of the joint holders of the bank account from which the payment is made.

** “Related Person” means any person investing on behalf of a minor in consideration of natural love and affection or as a gift.

ii) Investors submitting their applications through the above mentioned ‘exceptional cases’ are required to comply with the following, without which applications for subscriptions for units may be rejected /notprocessed/refunded:

(a) MandatoryKYCforallinvestors(guardianincaseofminor)and the person making the payment i.e. third party. In order for an application to be considered as valid, investors and the person makingthepaymentshouldattachtheirvalidKYCAcknowledgementLettertotheapplicationform.

(b) Submission of a separate, complete and valid ‘Third Party Payment Declaration Form’ from the investors (guardian in case of minor) and the person making the payment i.e. third party. The said Declaration Form shall, inter-alia, contain the details of the bank account from which the payment is made and the relationship with the investor(s). Please contact the nearest InvestorServiceCentre(ISC)oftheFundorvisitourwebsitewww.aiginvestments.co.inforthe said Declaration Form.

Payment by NRIs, FIIs/PIOs

IntermsofSchedule5ofNotificationNo.FEMA20/2000datedMay,2000;theRBIhasgrantedgeneral permission to NRIs to purchase, on a repatriation basis, units of domestic mutual funds. Further, thegeneralpermission is alsogranted toNRIs to sell theUnits to themutual funds forrepurchaseorforthepaymentofmaturityproceedsprovidedthattheUnitshavebeenpurchasedin accordance with the conditions set out in the aforesaid notification.

Forthepurposeofthissection,theterm“mutualfunds”isasreferredtoinClause(23D)ofSection10oftheIncome-TaxAct1961.However,NRIinvestors,iftheysodesire,alsohavetheoptiontomaketheirinvestmentonanon-repatriablebasis.

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• Mode of Payment on Repatriation basis:

In the case of NRIs and Persons of Indian Origin residing abroad, payment may be made by way of IndianRupeedraftspurchasedabroadorbywayofchequesdrawnonNon–Resident(External)(NRE) Accounts payable at par at Mumbai. Payments can also be made by means of Indian Rupee draftspayableatMumbaiandpurchasedoutoffundsheldinNREAccounts/FCNRAccounts.

IncaseIndianRupeedraftsarepurchasedabroadorfromFCNR/NREaccounts,anaccountdebitcertificate from the bank issuing the draft confirming the debit shall also be enclosed. NRIs shall also be required to furnish such other documents as may be necessary and as desired by the Fund in connection with the investment in the Scheme.

• Mode of Payment on Non-Repatriation basis:

InthecaseofNRIs/PersonsofIndianOriginseekingtoapplyforUnitsonanon-repatriationbasis,paymentsmaybemadebycheques/demanddraftsdrawnoutofNon-ResidentOrdinary (NRO)accounts/Non-ResidentSpecialRupee(NRSR)accountsandNonResidentNon-Repatriable(NRNR)accounts payable at the city where the Application Form is accepted. Please refer in this section for the “Safe mode of writing cheque”.

FII Investors

IntermsofSchedule5ofNotificationNo.FEMA20/2000datedMay,2000,theRBIhasgrantedgeneralpermission to registered FIIs to purchase, on a repatriation basis, units of domestic mutual funds subject to the conditions set out in the aforesaid notification. Further, general permission has also been granted to FIIs to sell the units to the mutual fund for repurchase or for the payment of maturity proceeds, provided that the units have been purchased in accordance with the conditions set out in the aforesaid notification. Forthepurposeofthissection,theterm“mutualfunds”isasreferredtoinClause(23D)ofSection10oftheIncomeTaxAct1961.

Forthepurposeofthissection,theterm“mutualfunds”isasreferredtoinClause(23D)ofSection10oftheIncomeTaxAct1961.

• Mode of Payment on Repatriation basis:

FIIs may pay their subscription amounts either by way of inward remittance through normal banking channelsoroutof fundsheld inaForeignCurrencyAccountoraNon-residentRupeeAccountmaintained by the FII with a designated branch of an authorized dealer with the approval of the RBI subject to the terms and conditions set out in the aforesaid notification.

In case Indian rupee drafts are purchased abroad or from ForeignCurrencyAccounts orNon-resident Rupee Accounts, an account debit certificate from the bank issuing the draft confirming the debit shall also be enclosed. Please refer in this section for the “Safe mode of writing cheque”.

B. Payment through ASBA mode:

OnreceiptofASBAapplications,SCSBswillblocktheNFOsubscriptionfundsthatareavailableinthe bank account specified to the extent of the amount specified in the ASBA Application Form.

In case the investor is applying through Demat mode through ASBA application, he will have to specify Demat details in the ASBA application form.

ASBA application form will not be accepted at any of the offices of AIGGIG Mutual Fund or its Registrar&TransferAgent(CAMS).TheASBAapplicationcanonlybeacceptedatSCSBs.

TheapplicationmoneytowardstheSubscriptionofUnitsshallbeblockedintheaccountuntil

(i) AllotmentofUnitsismadeor

(ii) Rejection of the application or

(iii) Winding up of the Scheme, as the case may be.

SCSBsshallunblockthebankaccountsfor

(i) Transfer of requisitemoney to theMutual Fund / Scheme bank account against each validapplication on allotment or

(ii) in case the application is rejected

C. Through MFSS & BSE StAR MF platform:

Investors who wish to apply for units through Demat mode, can place orders for subscription by providing their depository account details to the AMFI certified Stock Exchange Broker as well as clearingmembers[NationalSecuritiesClearingCorporationLimited(NSCCL)andIndianClearingCorporationLimited(ICCL)]ofregisteredstockexchanges.

Pleaserefertodetailson‘FAQsonPurchaseandRedemptionofunitsonNSEandBSEplatform’available on our website www.aiginvestments.co.in

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Dematerialization and Rematerialization

TheUnitholdersaregivenanoptiontoholdtheUnitsbywayofanaccountstatement(physicalform)orindematerializedform(DematunitholdersoptingtoholdtheUnitsindematformmustprovidetheirDemataccountdetailsinthespecifiedsectionoftheapplicationform.UnitholdersintendingtoholdtheUnits inDematformarerequiredtohaveabeneficiaryaccountwiththeDepositoryParticipant(DP)registeredwithNSDL/CDSLandwillberequiredtoindicateintheapplicationform,theDP’sname,DPIDnumberandthebeneficiaryaccountnumberoftheUnitholderwiththeDP.TheUnitsoftheSchemewill be traded compulsorily in dematerialized form).

IncaseUnitholdersdonotprovidetheirDemataccountdetailsorprovide incompletedetailsorthedetails do not match with the records as per Depository (ies), an account statement shall be sent to them. Such investors will not be able to trade on the stock exchange till the holdings are converted in to Dematform.UnitholderwhosodesirestoholdtheUnitsindematformatalaterdate,willberequiredtohaveabeneficiaryaccountwithaDPofNSDL/CDSLandwillhavetosubmittheaccountstatementalong with a request form asking for the conversion into demat form to the Depository. This request is called a Demat Request Form (DRF).

RematerializationofUnitswillbeinaccordancewiththeprovisionsofSEBI(Depositories&Participants)Regulations,1996asmaybeamendedfromtimetotime.

Listing TheSchemebeingopenended;theUnitsarenotproposedtobelistedonanystockexchange.However,theFundmayatitssolediscretionlisttheUnitsononeormorestockexchangesatalaterdate.

Special Products / facilities available during the NFO

The Special facilities available during the NFO are SIP, STP, and SWP. Please see the relevant sections on SIP, STP and SWP below.

The Mutual Fund will offer ASBA facility during the NFO of the Scheme.

ASBA is an application containing an authorisation given by the investor to block the application money in his specified bank account towards the subscription of units offered during the NFO of the Scheme. If an investor is applying through ASBA facility, the application money towards the subscription of units shall be debitedfromhis/herbankaccountonlyifhis/herapplicationisselectedforallotmentofunits.

Please refer the SAI and ASBA application form for complete details on ASBA.The policy regarding reissue of repurchased units, including the maximum extent, the manner of reissue, the entity (the scheme or the AMC) involved in the same.

PresentlytheAMCdoesnotintendtoreissuetherepurchasedunits.Thetrusteereservestherighttoreissue the repurchased units at a later date after issuing adequate public notices and taking approvals, if any, from SEBI.

Restrictions, if any, on the right to freely retain or dispose of units being offered.

TheUnitsoftheSchemearenottransferableexceptunitsoftheschemeheldindematmode.

Inviewof thesame,additions/deletionofnameswillnotbeallowedunderany folioof theScheme.However,thesaidprovisionwillnotbeapplicableincaseaperson(i.e.atransferee)becomesaholderoftheunitsbyoperationoflaworuponenforcementofpledge,thentheAMCshallsubjecttoproductionof such satisfactory evidence and submission of such document, proceed to effect the transfer, if the intended transferee is otherwise eligible to hold the units of the scheme.

The above provisions in respect of deletion of names will not be applicable in case of death of unit holder (in respect of joint holdings) as this is treated as transmission of units and not transfer.

B. ONGOING OFFER DETAILS

Ongoing Offer Period

This is the date from which the scheme will reopen for subscriptions/redemptionsafter the closure of the NFO period.

TheSchemewillreopenforsubscription/redemptionwithin5WorkingDaysfromtheclosureoftheNFO.

Ongoing price for subscription (purchase)/ switch-in (from other scheme/plans of the mutual fund) by investors

This is the price you need to payforpurchase/switch-in.

ThePurchasePriceoftheUnitsonanongoingbasiswillbecalculatedasdescribedbelow:

Purchase Price = Applicable NAV

The NAV will be calculated by rounding up to four decimal places for the Scheme for the NFO and for the ongoing offer.

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Ongoing price for redemption (sale) /switch outs (to other scheme/plans of the Mutual Fund) by investors

This is the price you will receive for redemptions/switch outs.

TheRedemptionPrice/SwitchoutpriceoftheUnitsisthepriceatwhichaUnitHoldercanredeemUnitsof a scheme. It will be calculated as described below:

RedemptionPrice=ApplicableNAVx(1–ExitLoad*orCDSC*)

*EitherExitLoadorCDSC,whicheverisapplicable,willbecharged.

Redemption Price will be calculated up to four decimal places for the Scheme.

For example, if the Applicable NAV of a Scheme is ` 1,000/–andithasa1%ExitLoad,theRedemptionPrice will be calculated as follows:

Redemption Price = `1,000x(1–1.00%)i.e.`1,000x0.99=`990/-.IftheSchemehasnoExitLoadandnoCDSC,theRedemptionPricewillbeequaltotheApplicableNAV.

InvestorsmaynotethattheTrusteehasarighttomodifytheexistingLoadstructureinanymannerorintroduce/changeExitLoadorCDSCoracombinationofExitLoadand/orCDSCand/oranyotherLoadsubjecttoamaximumasprescribedundertheRegulationsandwithprospectiveeffectonly.

TheMutualFundwillofferthattheredemptionpriceisnotlowerthan93%oftheapplicableNAVandthe difference between the repurchase price and sale price is not exceeding 7% on the sale price or as per the limit prescribed by SEBI from time to time.

Cut off timing for subscriptions/ redemptions/ switches

This is the time before which your application (complete in all respects) should reach the official points of acceptance.

The Cut-off time for the Scheme is 3.00 pm and the Applicable NAV will be as under:

For Purchase / Switch-in:

– InrespectofvalidPurchaseapplications[alongwithnecessarydocuments]ofinvestmentamountlessthan `1CroreacceptedatanOfficialPointofacceptancereceivedupto3.00pmonaBusinessDay,the closing NAV of the day of receipt of application will be applicable;

– In respectof validPurchase applications [alongwithnecessarydocuments] of investment amountequal to or more than `1CroreacceptedatanOfficialPointofacceptancereceivedupto3.00pmonaBusinessDay,andthefundsareavailableforutilisationbeforethecut-offtimewithoutavailinganycreditfacility,whetherintra-dayorotherwise,theclosingNAVofthedayofreceiptofapplicationwill be applicable;

– InrespectofvalidPurchaseapplications[alongwithnecessarydocuments]ofinvestmentamountlessthan `1CroreacceptedatanOfficialPointofAcceptancereceivedafter3.00pmonaBusinessDay,the closing NAV of the next Business Day will be applicable,

– In respectof validPurchase applications [alongwithnecessarydocuments] of investment amountequal to or more than `1CroreacceptedatanOfficialPointofAcceptancereceivedafter3.00pm on a Business Day, and the funds are available for utilisation on the same day without availing anycreditfacility,whetherintra-dayorotherwise,theclosingNAVofthenextBusinessDaywillbeapplicable, and

– Irrespectiveofthetimeofreceiptofapplicationofinvestmentamountequaltoormorethan` 1 Crore,wherethefundsarenotavailableforutilisationbeforethecut-offtimewithoutavailinganycreditfacility,whetherintra-dayorotherwise,theclosingNAVofthedayonwhichthefundsareavailable for utilisation will be applicable.

For allotment of units, it shall be ensured that:

a) For all valid applications of investment amount less than `1Croretheapplicationisreceivedbeforetheapplicablecut-offtime;

b) For all valid applications of investment amount equal to or more than `1Crore

i. Theapplicationisreceivedbeforetheapplicablecut-offtime,

ii. Fundsfortheentireamountofsubscription/purchaseaspertheapplication/switch-inrequestarecreditedtothebankaccountoftheSchemebeforethecut-offtime,

iii. Thefundsareavailableforutilisationbeforethecut-offtimewithoutavailinganycreditfacilitywhetherintra-dayorotherwise,bytheScheme.

For Redemption/ Switch out:

InrespectofvalidapplicationsacceptedatanOfficialPointofAcceptanceupto3.00p.m.onaBusinessDay, the closing NAV of the same day will be applicable; and

InrespectofvalidapplicationsacceptedatanOfficialPointofAcceptanceafter3.00p.m.,theclosingNAVof the next Business Day will be applicable.

Where can the applications for purchase/ redemptionswitches be submitted?

Investors can submit the application forms at AMC, ISCs, and such other collection centers asdesignatedbytheAMCwheretheapplicationsshallbereceived.

ThenamesandaddressesoftheDesignatedCollectionCentersarementionedattheendoftheSIDandin the Application Form.

Standard Observation No. 17 b

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Minimum amount for Purchase / Redemption /Switches

First Time Purchase`5,000/-Additional Purchase

` 5,000/-andinmultipleof` 1 thereafterPurchase through SIP, STP and SWP

`1,000/-

TheSIP/STP/SWPrequests/transfersshouldbeforminimum6months/quartersorminimum6transfers.Redemption

The minimum amount for redemption must be `1000/-oraccountbalancewhicheverisless.Investormaynotethatupontheprocessingofredemption/switchoutrequest,iftheaccountbalanceintheschemeis less than `1000/-thenthesamewillberedeemed/switchedoutalongwiththesaidrequest.Switches

Theminimumamountincaseofinter/intrascheme(interplan/interoption)switchesshallbetheminimumamountrequiredintherespectivetransfereescheme/plan.

Minimum balance to be maintained and consequences of nonmaintenance.

Investors may note that in case balance in the account of the unit holder does not cover the amount of redemption request, the Mutual Fund is authorized to close the account of such unit holder and redeem the entire balance to the unit holder.

Closure of Unit holder’s account:

InvestorsmaynotethatAMCatitssolediscretionmaycloseaunitholder’saccountunderanoption,ifat the time of any part redemption, the value of the balance falls below `1,000[orsuchotheramountasAMCmaydecidefromtimetotime]orwheretheunitsareheldbytheunitholderinbreachofanyRegulation.

HowevertheAMC/Trusteesreservestherighttochangeitatanyfuturedatebygivingadvancenotice.Special Products / facilitiesavailable

The Special facilities available during the ongoing offer are:

l SIP

l STP

l SWP

lApplicationthroughStockExchangeInfrastructure(MFSS/BSEStARMFPlatform)

Please see the relevant sections on the above mentioned elsewhere in this document.Switching (i) Inter-Scheme Switching

TheTransactionSlipcanbeusedbyinvestorstomakeinter-SchemeswitcheswithintheFund.Allvalidapplicationsforswitch-outshallbetreatedasRedemptionandforswitch-inasPurchaseswiththerespectiveApplicableNAVsoftheScheme/option.

(ii) Intra-Scheme Switching (Between Growth Option and Dividend Option or between dividend options)

Investors can switch between different options under the scheme at the Applicable NAV. All valid applicationsforswitch-outshallbetreatedasRedemptionandforswitch-inasPurchaseswiththerespectiveApplicableNAVsoftheoption.AspercurrentLoadstructure,noEntryorExitLoadswillbechargedforintra-schemeswitching.However,theAMCmaychangetheLoadsprospectivelyasindicatedintheparagraphonLoadStructureoftheSchemeinthisSID.

Note:Fortaximplicationsonswitching,pleaserefertoSAIunderChapterTax&Legal&GeneralInformation.

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Accounts Statements For normal transactions (other than SIP/STP/SWP) during ongoing sales and repurchase:

• TheAMCshallissuetotheinvestorwhoseapplication(otherthanSIP/STP/SWP)hasbeenaccepted,an account statement specifying the number of units allotted. The Account Statement shall be dispatched within the time frame specified by SEBI.

• TheAMCshallissueallotmentadvicetoanapplicantwhohasoptedtoholdunitsindematerializedform.

• Incasetheinvestorprovidesthee-mailaddress,theFundwillprovidetheAccountStatement/adviceonlythroughe-mailmessage.TheAccountStatementsshallbenon-transferable.IftheUnitholdersodesires,non-transferableunitcertificateswillbeissuedwithin5workingdaysofthereceiptofrequest for the certificate.

• Theunitholdermayrequestforaphysicalaccountstatementbywriting/callingtheAMC/ISC/R&T.The same shall be sent by ordinary post or courier.

For SIP / STP / SWP transactions:

• AccountStatementforSIP,STPandSWPwillbedespatchedonceeveryquarterendingMarch,June,SeptemberandDecemberwithin10businessdaysoftheendoftherespectivequarter.

• AsoftcopyoftheAccountStatementshallbemailedtotheinvestorsunderSIP/STP/SWPtotheire-mailaddressonamonthlybasis,ifsomandated.

• However,thefirstAccountStatementunderSIP/STP/SWPshallbeissuedwithin5workingdaysoftheinitialinvestment/transfer.

• Incaseofspecificrequestreceivedfrominvestors,MutualFundsshallprovidetheaccountstatement(SIP/STP/SWP)totheinvestorswithin5workingdaysfromthereceiptofsuchrequestwithoutanycharges.

Both for normal and SIP/STP/SWP transactions as stated above, in the event the account has more than one registered holder the first-named Unit holder shall receive the account statements.

For Demat mode transactions:

The demat statement given by the Depository Participant (DP) would be deemed as adequately compliant withtherequirementofthestatementofaccountasspecifiedinSEBICircularNo.SEBI/IMD/CirNo.11/183204/2009datedNovember13,2009.

Annual Account Statement:

• TheMutualFundsshallprovidetheAccountStatementtotheUnitholderswhohavenottransactedduring the last six months prior to the date of generation of account statements. The Account StatementshallreflectthelatestclosingbalanceandvalueoftheUnitspriortothedateofgenerationof the account statement.

• TheaccountstatementsinsuchcasesmaybegeneratedandissuedalongwiththePortfolioStatementor Annual Report of the Scheme.

• Alternately, soft copyof the account statements shall bemailed to the investors’ e-mail address,instead of physical statement, if so mandated.

Dividend ThedividendwarrantsshallbedespatchedtotheUnit holderswithin30daysofthedateofdeclarationof dividend. In the event of failure of despatch of dividend withinthestipulated30dayperiod.

• IncaseofUnitholdershavingabankaccountwithcertain banks with whom the Mutual Fund would have an arrangement from time to time, the dividend proceeds shall be directly credited to their account.

• The dividend will be paid by warrant and payments will bemade in favour of the Unit holder(registered holder of theUnits or, if there ismore than one registered holder, only to the first registered holder) with bank account number furnished to the Mutual Fund (please note that it is mandatoryfortheUnitholderstoprovidetheBank account details as per the directives of SEBI).

• Further,thedividendproceedsmaybepaidbywayof ECS/EFT/NEFT/RTGS/anyothermannerthrough which the investor’s bank account specified in the Registrar &TransferAgent’srecordsiscredited with the dividend proceedsaspertheinstructionsoftheUnitholders.

In case the dividend amount is less than `100suchdividendshallbecompulsorilyreinvested.


No.18

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Howtoredeem a. Redemption through physical applications :

ATransactionSliporCommonTransactionForm(CTF)canbeusedbytheUnitHoldertorequestforRedemption. The requisite details should be entered in the Transaction Slip or Form and submitted at anISC.TransactionSlipsortheCTFcanbeobtainedfromanyoftheISCs.

Payment of Proceeds Resident Investors

Redemptionproceedswillbepaidbycheques,marked“A/cPayeeonly”anddrawninthenameofthesoleholder/firstnamedholder(asdeterminedbytherecordsoftheRegistrar)orDirectCredittoasetofbankswithwhichtheAMChasatieup.

The bank name and bank account number, as given by the unit holder, will be mentioned in the cheque.ThechequewillbepayableatparatallthecitieshavingISCs.IftheUnitHolderresidesinany other city, he will be paid by a demand draft payable at the city of his residence and the demand draftchargesshallbebornebytheAMC.

Direct Credit

The fund offers a Direct facility through which the investor’s bank account is credited with the Redemptionproceeds.Itisclarifiedthatintheeventofanynoncreditbythebankand/orwrongfulcreditduetoincorrectbankaccountdetailsprovidedbytheunitholder,theAMC/Registrarwillnotbe liable. In the interest of the investors, it is advised that due care is taken while providing the bank detailstotheFund.TheDirectCreditfacilityisavailableforspecificbankswithwhomAMChaveatieupfromtimetotime.InvestorsneedtocheckwiththeAMCforanupdatedlistoftheDirectCreditBanks.InvestorshavingbankmandateswheretheAMChasaDirectCreditfacilitywillreceiveredemption/dividendproceedsbywayofDirectCreditonlyandnotcheques.

The Fund will endeavor to dispatch the Redemption proceeds within 3 Business Days fromthe acceptance of the Redemption request, but not beyond 10 BusinessDays from the date ofRedemption. If thepayment isnotmadewithintheperiodstipulated intheRegulations, theUnitHoldershallbepaidinterestaspertheSEBIregulations.

Further, the redemptionproceedsmaybepaidbywayofECS /EFT /NEFT /RTGS / anyothermanner throughwhich the investor’s bank account specified in the Registrar&Transfer Agent’srecordsiscreditedwiththeredemptionproceedsaspertheinstructionsoftheUnitholders.

Note: The Trustee, at its discretion at a later date, may choose to alter or add other modes of payment.

The Redemption proceeds will be sent by courier or (if the addressee city is not serviced by the courier) byregisteredpost.Thedispatchforthepurposeofdeliverythroughthecourier/postaldepartment,asthecasemaybe,shallbetreatedasdeliverytotheinvestor.TheAMC/Registrararenotresponsibleforanydelayeddeliveryornon-deliveryoranyconsequencesthereof,ifthedispatchhasbeenmadecorrectlyas stated in this paragraph.

Discontinuation of Change of Bank Account Mandate along with redemption/dividend proceeds facility

In compliancewith AMFI Best PracticeGuidelines CircularNo.17/2010-11 datedOctober 22, 2010,consequent to introduction of “Multiple Bank Accounts Facility,” the existing facility of redemption/dividendproceedswithchangeofbankmandateisdiscontinuedbytheFundw.e.f.November15,2010.New bank accounts can only be registered using the designated “Multiple Bank Account Registration Form”. Further please note the following important points in this regard:

(i) Proceedsofanyredemption/dividendwillbesentonlytoabankaccountthatisalreadyregisteredand validated in the folio at the time of redemption transaction processing.

(ii) Unitholder(s)maychoosetomentionanyoftheexistingregisteredbankaccountswithredemption/dividendpaymentrequestforreceivingredemption/dividendproceeds.Ifnoregisteredbankaccountis mentioned, default bank account will be used.

(iii) If unit holder(s) provide a new and unregistered bank mandate or change of bank mandate request with aspecificredemption/dividendpaymentrequest(withorwithoutnecessarysupportingdocuments)suchbankaccountmaynotbeconsidered forpaymentof redemption/dividendproceeds,or theFundmaywithheldthepaymentforupto10calendardaystoensurevalidationofnewbankmandatementioned.

Valid change of bankmandate requestswith supporting documentswill be processedwithin 10business days of necessary documents reaching the office of RTA and any financial transaction request received in the interim will be carried based on previous details only.

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Non-Resident Investors

For NRIs, Redemption proceeds will be remitted depending upon the source of investment as follows:

(i) Repatriation Basis

WhenUnitshavebeenpurchasedthroughremittanceinforeignexchangefromabroadorbycheque/ draft issued fromproceedsof theUnitHolder’s FCNRdepositor from fundsheld in theUnitHolder’sNonResident(External)accountkeptinIndia,theproceedscanberemittedtotheUnitHolderinforeigncurrency(anyexchangeratefluctuationwillbebornebytheUnitHolder).Theproceedscanalsobesent tohis Indianaddress forcrediting tohisNRE /FCNR /Non-Resident(Ordinary)Account,ifdesiredbytheUnitHolder.

(ii) Non Repatriation Basis

WhenUnitshavebeenpurchased fromfundsheld in theUnitHolder’sNon-Resident (Ordinary)Account, theproceedswillbe sent to theUnitHolder’s Indianaddress for crediting to theUnitHolder’sNon-Resident(Ordinary)account.

ForFIIs,thedesignatedbranchoftheauthoriseddealermayallowremittanceofnetsale/maturityproceeds(afterpaymentoftaxes)orcredittheamounttotheForeignCurrencyaccountorNon-resident Rupee account of the FII maintained in accordance with the approval granted to it by the RBI.

The Fund will not be liable for any delays or for any loss on account of any exchange fluctuations whileconvertingtheRupeeamountinforeignexchangeinthecaseoftransactionswithNRIs/FIIs.

The proceeds may be paid by way of direct credit through which the investor’s bank account specified in theRegistrar’srecords iscreditedwiththeRedemptionproceeds.TheDirectCreditfacility isavailable forspecificbankswithwhomAMChavea tieup fromtimeto time. InvestorsneedtocheckwiththeAMCforanupdatedlistoftheDirectCreditBanks.InvestorshavingbankmandateswheretheAMChasaDirectCreditfacilitywillreceiveredemption/dividendproceedsbywayofDirectCreditonlyandnotcheques.

The Fund may make other arrangements for effecting payment of Redemption proceeds in future.

b. Application through Stock Exchange Infrastructure (MFSS/ BSE StAR MF Platform):

Investors wishing to redeem their units held in demat mode in Scheme listed on MFSS and BSE StAR MFplatform,canplacetheirredemptionrequestwiththeAMFICertifiedStockExchangeBrokersbyprovidingDepositoryInstructionSlipwithredemptiondetails.TheAMFICertifiedStockExchangeBroker will place the redemption order in the system and will provide a confirmation slip to the investor. The redemption proceeds will be directly credited to the investor’s bank account, as per the bank account details recorded with the Depository Participant.

Alternatively, units of Mutual Fund Scheme is permitted to be transacted through clearing members [NationalSecuritiesClearingCorporationLimited(NSCCL)andIndianClearingCorporationLimited(ICCL)]ofNSEandBSEforredeemingthemutualfundunits.

Redemption Units can be redeemed at the Redemption Price during the Ongoing Offer Period.

Theredemptionorrepurchaseproceedsshallbedispatchedtotheunitholderswithin10businessdaysfrom the date of redemption or repurchase.

TheUnitHolderhastheoptiontorequestforRedemptioneitherinamountinrupeesorinnumberofUnits.Unitspurchasedbychequemaynotberedeemeduntilafterrealizationofthecheque.

In case the investormentions the number of Units as well as the amount, then the amountwill beconsidered for processing the Redemption request. In case the investor mentions the number of units or the amount in words and figures, then the value in words will be taken for processing the Redemption request.

IftheredemptionrequestamountexceedsthebalancelyingtothecreditoftheUnitholder’ssaidaccount,then the fund shall redeem the entire amount lying to the credit of theUnitholder’s account in thatScheme/Option.

IfaninvestorhaspurchasedUnitsonmorethanoneBusinessDay,theUnitspurchasedpriorintime(i.e.thoseUnitswhichhavebeenheldforthelongestperiodoftime),aredeemedtohavebeenredeemedfirst,i.e.onaFirstInFirstOutBasisexceptwhentheUnitholderspecificallyrequestsredemptionofUnitspurchased on specific date(s).

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The minimum amount in rupees for Redemption shall be `1,000/-oraccountbalancewhicheverisless.

Investormaynotethatupontheprocessingofpartredemption/switchoutrequest,iftheaccountbalancein the scheme falls below `1000/- then thesamewillbe redeemed/switchedoutalongwith thesaidrequest.

TheredemptionwarrantsshallbedespatchedtotheUnit holderswithin10daysofthedateofprocessingofredemption.Intheeventoffailureofdespatchofredemptionwithinthestipulated10daysperiod;

• IncaseofUnitholdershavingabankaccountwithcertain banks with whom the Mutual Fund would have an arrangement from time to time, the redemption proceeds shall be directly credited to their account.

• Theredemptionwillbepaidbywarrantandpaymentswill bemade in favourof theUnitholder(registered holder of theUnits or, if there ismore than one registered holder, only to the first registered holder) with bank account number furnished to the Mutual Fund (please note that it is mandatoryfortheUnitholderstoprovidetheBank account details as per the directives of SEBI).

Further, the redemption proceeds may be paid by way of ECS/EFT/NEFT/RTGS/anyothermannerthrough which the investor’s bank account specified in the Registrar &TransferAgent’srecordsiscreditedwiththeredemptionproceedsaspertheinstructionsoftheUnitholders.

Delay in payment of redemption / repurchaseproceeds/dividendwarrants

TheAssetManagementCompanyshallbeliabletopayinteresttotheunitholdersatsuchrateasmaybespecifiedbySEBIfortheperiodofsuchdelay(presently@15%perannum).

Bank Account Details As per the directives issued by SEBI, it is mandatory for applicants to mention their bank account numbers in their applications forpurchaseor redemptionofUnits. If theUnit-holder fails toprovide theBankmandate, the request for redemption would be considered as not valid and the Fund retains the right to withholdtheredemptionuntilaproperbankmandateisfurnishedbytheUnit-holderandtheprovisionwithrespectofpenalinterestinsuchcaseswillnotbeapplicable/entertained.

Multiple Bank Account Registrations:

IncompliancewithAMFIBestPracticeGuidelinesCircularNo.17/2010-11datedOctober22,2010,AIGGlobal Investment Group Mutual Fund offers its investors the facility to register multiple bank accounts in theirfoliostoreceiveredemption/dividendproceeds.

Salient features of the Multiple Bank Account Registration facility are as below:

• IndividualandHinduUndividedFamily(HUF)investorswillbeallowedtoregister5bankaccountsandnon-individualinvestorswillbeallowedtoregisterupto10bankaccounts.

• MultipleBankRegistrationFormwillallowinvestorstodothefollowing:

PartA–RegisteringMultipleBankAccounts

PartB–RegisteringDefaultBankAccount.

PartC–DeletingofRegisteredBankAccount

Theunitholdercanchooseanyoneoftheregisteredbankaccountsasdefaultbankaccount.However,incase a unit holder does not specify the default bank account, the Fund reserves the right to designate any oftheregisteredbankaccountsasdefaultbankaccount.Unitholdersmayalsonotethattheregisteredbankaccountsmayalsobeusedforverificationofpay-ins(i.e.receivingofsubscriptionfunds)toensurethat a third party payment is not used for mutual fund subscription.

The following documents will be required for the registration of the bank accounts:

A cancelled original cheque leaf or a self attested copy of the cheque leaf wherein the account number and name(s) of the account holders are printed on the face of the cheque. In case the names are not so mentioned, the customer can submit a certificate from the bank or the bank account statement or a copy of the bank pass book which contain the details of the account such as name and address of the customer, bankaccountnumber,bankbranchandaddress,MICRandIFSCcodeofthebranch.

The above documents will also be required for change in bank account mandate submitted by the investor.

Discontinuation of Change of Bank Account Mandate along with redemption/dividend proceeds facility:

Pleaserefertosection“III.UnitsandOffer”sub-section“B.OngoingOfferDetails-HowtoRedeem”.


No.19

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Policy on Offshore Investments by the Scheme

SEBIvideCircularNos.SEBI/IMD/CIRNo.7/104753/07datedSeptember26,2007andSEBI/IMD/CIRNo.2/122577/08datedApril 8, 2008 currently permitmutual funds to invest inADRs/GDRs/ ForeignSecurities issued by Indian companies and notified foreign securities subject to certain prescribed limits. PursuanttoaboveSEBICirculartheMutualFundcanmakeinvestmentsin;

i. ADRs/GDRsissuedbyIndianorforeigncompanies

ii. Equity of overseas companies listed on recognized stock exchanges overseas

iii. Initial and follow on public offerings for listing at recognized stock exchanges overseas

iv. Foreign debt securities in the countries with fully convertible currencies, short term as well as long termdebtinstrumentswithratingnotbelowinvestmentgradebyaccredited/registeredcreditratingagencies

v. Money market instruments rated not below investment grade

vi. Repos in the form of investment, where the counterparty is rated not below investment grade; repos should not however, involve any borrowing of funds by mutual funds

vii. Government securities where the countries are rated not below investment grade

viii. Derivatives traded on recognized stock exchanges overseas only for hedging and portfolio balancing with underlying as securities

ix. Short term deposits with banks overseas where the issuer is rated not below investment grade

x. Units/securitiesissuedbyoverseasmutualfundsorunittrustsregisteredwithoverseasregulatorsand investing in (a) aforesaid securities, (b) Real Estate Investment Trusts (REITs) listed on recognized stockexchangesoverseasor(c)unlistedoverseassecurities(notexceeding10%oftheirnetassets).TheinvestmentinADRs/GDRs/ForeignSecuritiesbytheMutualFundshallbewithinoverallalllimitofUS$7billionwithasub–ceilingforindividualmutualfunds,subjecttoamaximumofUS$300million per mutual fund.

It is the Investment Manager’s belief that overseas securities offer new investment and portfolio diversificationopportunitiesintomulti-marketandmulti-currencyproducts.However,suchinvestmentsalso entail additional risks. Such investment opportunities may be pursued by the Investment Manager provided they are considered appropriate in terms of the overall investment objectives of the Scheme.

a. Systematic Investment Plan (SIP)

This facility enables investors to save and invest periodically over a longer period of time. It is a convenient way to “invest as you earn” and offerstheinvestoranopportunitytoenterthemarketregularly,thusaveragingtheacquisitioncostofUnits.

SIPallowsinvestorstoinvestafixedamountofRupeesonspecificdateseverymonthorquarterbypurchasingUnitsoftheSchemeatthePurchase Price prevailing at such time.

Any unit holder can avail of this facility subject to certain terms and conditions contained in the Application form.

TheSIPpaymentscanbemadeeitherbyissueofPostDatedChequesorbyavailingtheDirectDebitFacilitythroughECS.

Direct Debit Facility in SIP through ECS

UnitHoldersinvestingunderSIPintheSchemewillhavetoavailthefacilityofDirectDebitthroughElectronicClearingService(ECSFacilityoffered by RBI).

Direct Debit allows an investor to instruct his bank to debit his bank account at periodic intervals for making investments in mutual fund scheme(s).HoweverthefirstinvestmentinSIPunderthismodeshallbebywayofchequeonly.Forsubsequentinstallments,investorscanchoosebetween1st,7th,14thand21stofeverymonth/quarterfortheSIP.ThisfacilityisavailableinselectlocationsasindicatedonthereverseoftheSIPAuto–DebitForm.TheSIPrequestshouldbeforaminimumof6months/quarters.Investorhasanoptiontochooseallfourdates.Incase“Allfourdates”isselected,minimum6chequesforeachdateshouldbegiveni.e.minimum24chequesshouldbegiven.

Thereshallbeagapofatleast30daysbetweenthedateofthefirstandsecondinstallmentinthecaseofaSIPinitiatedduringtheOngoingOfferperiod.PleaserefertotheSIPAutoDebitFormforfurtherTerms&Conditions.

The minimum SIP installment amount is `1000/-

The load structure prevailing at the time of submission of the SIP application (whether fresh or extension) will apply for all the installments indicated in such application.

Investors should note that an application for SIP should be submitted at any of the AMC/CAMS Investor Service Centres as listed in the application form.

For applicable load on Purchases through SIP, please refer to the Section IV, FEESANDEXPENSES,sub-sectionC.LOADSTRUCTURE.

Micro SIP

SIPs upto `50,000/-peryearperinvestori.e.aggregateofinstallmentsinarolling12monthperiodorinafinancialyearshallbereferredtoas ‘Micro SIP’. For further details on Micro SIP, please refer to SAI and the Micro SIP Application Form.

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b. Systematic Transfer Plan (STP)

ThisfacilityenablestheunitholderstoswitchanamountfromtheirexistinginvestmentsinaScheme/OptionoftheFund,whichisavailablefor investment at that time at periodic intervals through a one time request. The switch can be made either weekly, fortnightly or monthly. Underthisfacilitytheswitchbytheunitholdersshouldbewithinthesameaccount/folionumber.TheunitholderhastofulfillthefollowingcriteriainordertoavailoftheSystematicTransferPlan–

a) AUnitHolderhastohaveaminimumbalanceof`25,000/-inaLiquidschemeor

b) `10,000/-inanon-liquidscheme(inaparticularfolio)or

c) the minimum amount as stated in the offer document of the respective transferor scheme, whichever is higher

d) A minimum of 6 such transfers has to be submitted for the STP

Thetransferwillbeeffectedbywayofaswitch,i.e.redemptionofUnitsfromoneSchemeandinvestmentoftheproceedsthereof,intheother Scheme at the then prevailing terms of both Scheme. All transactions by way of STP shall, however, be subject to the terms (other than minimumapplicationamount)ofthetargetScheme.AUnitHolderwhooptsforanSTPhasthechoiceofswitching(i)afixedamountor(ii)anamountequaltotheperiodicappreciationonhis/her/itsinvestmentintheSchemefromwhichthetransferissought,asdetailedbelow:

Fixed Amount

Underthisalternative,aUnitHoldermayswitchafixedamountofatleast`1,000/-pertransactionandthe‘STPDate’fortheswitchwillbe as under.

a) whereaweeklySTPisoptedfor,theSTPDateshallbethe1st,7th,14thor21st,asthecasemaybe,fortheperiodconcerned

b) whereafortnightlySTPisoptedfor,theSTPDateshallbethe1st,7th,14thor21st,asthecasemaybe.Forexampleiftheinvestorselects1stthenthenextdatecouldbe14thorifheselects7ththenthenextdatecouldbe21stofthemonth

c) whereamonthlySTPisoptedfor,theSTPDateshallbethe1st,7th,14thor21st,asthecasemaybe,ofthemonthconcerned.

TheUnitsintheScheme/Optionfromwhichtheswitch–outissoughtwillberedeemedattheApplicableNAVoftheScheme/OptionontherespectivedatesonwhichsuchswitchesaresoughtandthenewUnitsintheScheme/Optiontowhichtheswitch–inissoughtwillbecreatedattheApplicableNAVofsuchScheme/Optionontherespectivedates.Incasethedayonwhichthetransferissoughtisanonbusiness day for the Scheme, the same will be processed on the immediately following business day.

Appreciation:

Underthisoption,theUnitholdercanseekswitchofanamountequaltotheperiodicappreciationontheinvestment.Thisfacilityisavailableonlyundermonthlyfrequency.UnderthisoptiontheUnitholderswitchesonlyproportionatenumberofUnits,whichwhenmultipliedbythe applicable NAV is, in amount terms equal to the appreciation in the investment over the last month.

Theinvestorhastomentiona“StartDate”.The‘STPDate’availableunderthisalternativeare1st,7th,14thor21stofthemonth.Thefirstswitchwillhappenafteronemonthfromthestartdate.IncasetheinvestorpurchasesadditionalUnits,theamounttobeswitchedwouldbeequaltotheappreciationgeneratedonsuchUnits,providedtheappreciationisatleast`1000/-.Intheabsenceofanyappreciationorappreciation less than `1000/-asmentionedabove,theswitchunderthisoptionwillnotbemadeforthatmonth.TheUnitsintheScheme/Optionfromwhichtheswitch–outissoughtwillberedeemedattheApplicableNAVoftheScheme/OptionontherespectivedatesonwhichsuchswitchesaresoughtandthenewUnitsintheScheme/Optiontowhichtheswitch–inissoughtwillbeallottedattheApplicableNAVofsuchScheme/Optionontherespectivedates.Incasethedayonwhichthetransferissoughtisanon-businessdayfortheScheme,the same will be processed on the immediately following business day.

c. Systematic Withdrawal Plan (SWP)

This facilityenablestheUnitholderstowithdrawsumsfromtheirUnitaccounts intheSchemeatperiodic intervalsthroughaone-timerequest.ThewithdrawalscanbemadeonMonthlybasison1st,7th,14thor21stofeverymonth.ThisfacilityisavailableintwooptionstotheUnitholders:

Fixed Option:

Underthisoption,theUnitholdercanseekredemptionofafixedamountofnotlessthan`1000/-fromhisUnitaccount.InthisoptionthewithdrawalswillcommencefromtheStartDate(beingoneofthedatesindicatedabove)mentionedbytheUnitholderintheApplicationFormforthefacility.TheUnitswillberedeemedattheApplicableNAVoftherespectivedatesonwhichsuchwithdrawalsaresought.Incasethedayonwhichthewithdrawalissoughtisanon-businessdayfortheScheme,thesamewillbeprocessedontheimmediatelyfollowingbusiness day.

Appreciation Option:

Underthisoption,theUnitholdercanseekredemptionofanamountequaltoaperiodicappreciationontheinvestment.TheUnitholderredeemsonlysuchnumberofUnits,whichwhenmultipliedbytheApplicableNAVis, inamounttermsequaltotheappreciation inhisinvestment over the last month provided the appreciation is atleast `1000/-.Intheabsenceofanyappreciationorappreciationlessthan`1000/-asmentionedabove,thewithdrawalunderthisoptionwillnotbemadeforthatmonth.Theinvestorwouldneedtoindicatein

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hissystematicwithdrawalrequest,thecommencement/startdatefromwhichtheappreciationininvestmentvalueshouldbecomputed.Thewithdrawalwill commenceafteronemonth fromthecommencement / startdatementionedby theUnitholder in theapplicationFormandcan,attheinvestor’sdiscretionbeon1st,7th,14thor21stofthemonth.TheUnitswillberedeemedattheApplicableNAVof the respective dates on which such withdrawals are sought. In case the day on which the withdrawal is sought is a non business day for theScheme,thesamewillbeprocessedonthe immediately followingbusinessday. Incasethe investorpurchasesadditionalUnits, thewithdrawalamountwouldincludetheappreciationgeneratedonsuchUnitsaswell.Intheabsenceofanyappreciationorappreciationlessthan `1000/-,theredemptionunderthisoptionwillnotbemade.

This facility is explained by way of an illustration below:

Date Amount Invested

(`)

Amount withdrawn under SWP

(`)

Assumed** NAV per unit

(`)

Units redeemed

Unit Balance*

Value after SWP (`)

January15,2010 1,000,000 10.00 – 100,000.00 1,000,000February10,2010 – 7,000.00 10.071 695.065 99304.935 1,000,100.00March10,2010 – 7000.00 10.142 690.199 98614.736 1,000,150.65April10,2010 – 7000.00 10.214 685.334 97929.402 1,000,250.91May10,2010 – 7000.00 10.286 680.537 97248.865 1,000,301.83June10,2010 – 7000.00 10.359 675.741 96573.124 1,000,400.99July10,2010 – 7000.00 10.432 671.012 95902.112 1,000,450.83August10,2010 – 7000.00 10.506 666.286 95235.826 1,000,547.59September10,2010 – 7000.00 10.580 661.626 94574.200 1,000,595.04October10,2010 – 7000.00 10.655 656.969 93917.231 1,000,688.10November10,2010 – 7000.00 10.730 652.377 93264.854 1,000,731.88December10,2010 – 7000.00 10.806 647.788 92617.066 1,000,820.02January10,2011 – 7000.00 10.883 643.205 91973.861 1,000,951.53February10,2011 – 7000.00 10.960 638.686 91335.175 1,001,033.52

**TheNAVsinthetableabovearepurelyillustrativeandshouldnotbeunderstoodorconstruedasassuredorguaranteedreturns.Entry&ExitLoadsareassumedtobeNILforthepurposeoftheillustration.

*PreviousBalancelessUnitsredeemed.

ForapplicableloadonRedemptionsthroughSWP,pleaserefertotheSectionIV,FEESANDEXPENSES,sub-sectionC.LOADSTRUCTURE.

Note: Investors who avail of either the SIP, SWP or STP facility can at any time opt out of the facilities or can purchase, redeem or switch outside these facilities at their convenience.

C. PERIODIC DISCLOSURES

Net Asset Value

This is the value per unit of the scheme on a particular day. Youcan ascertain the value of your investments by multiplying the NAV with your unit balance.

TheAMCwillcalculateanddisclosethefirstNAVoftheschemenotlaterthan5workingdaysfromthe allotment of units of the scheme. Subsequently, the Mutual Fund shall declare the Net asset valueoftheSchemeoneverybusinessdayby9.00P.MonAMFI’swebsiteatwww.amfiindia.comand also on our website at www. aiginvestments.co.in.

The NAVs of the Scheme will be calculated by the Fund on all Business Days and details may be obtained by calling the investor care number “1800 200 3444” of the AMC. The Fund will publish on all business days the NAVs, Purchase Price and Redemption Price of the Scheme in at least two daily newspapers.

Half yearly Disclosures: Portfolio / Financial Results

This is a list of securities where the corpus of the scheme is currently invested. The market value of these investments is also stated in portfolio disclosures.

TheFundshallbeforetheexpiryofonemonthfromthecloseofeachhalfyear(March31standSeptember 30th) publish its unaudited financial results in one national English daily newspapercirculating in the whole of India and in a regional newspaper published in the language of the region wheretheHeadOfficeofthemutualfundissituated.TheseshallalsobedisplayedonthewebsiteoftheAMCandthatofAMFI.

Full portfolio details, in the prescribed format, shall also be disclosed either by publishing it in the newspapersorbysendingtotheUnitHolderswithinonemonthfromtheendofeachhalf-yearanditshallalsobedisplayedonthewebsiteoftheAMC.

Standard Observation No. 17 a

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Half-yearlyResults ThemutualfundandAssetManagementCompanyshallbeforetheexpiryofonemonthfromthecloseofeachhalfyearthatison31stMarchandon30thSeptember,publishitsunauditedfinancialresults in one national English daily newspaper and in a regional newspaper published in the language oftheregionwheretheHeadOfficeofthemutualfundissituated.

Annual Report TheFundwill,notlaterthanfourmonthsafterthecloseofeachfinancialyear(March31),mailtotheUnitholdersanabridgedschemewiseannualreport.Further,thefulltextoftheAnnualReportwill be available for inspection at the office of the Fund. A copy of the Annual Report will be sent to Unitholders,onspecificrequest.

Associate Transactions Please refer to Statement of Additional Information (SAI).Taxation

The information is provided for general information only. However,in view of the individual nature of the implications, each investor is advised toconsulthisorherowntaxadvisors/authorised dealers with respect to the specific amount of tax and other implications arising out of his or her participation in the Scheme.

Tax Rate* under the Income Tax Act, 1961

TDS Rate under the Income Tax Act, 1961

Residents NRIs/PIOs FIIs Residents NRIs/PIOs FIIs

Short Term capital Gain

Taxable at normal rates of tax applicable to the

assessee

30%* (u/s

115AD)

NIL 30%fornonresident non corporates

NIL

LongTermcapital Gain

10%withoutindexation,or20%withindexation,

whichever is lower (u/s112)

10%** (u/s

115AD)

NIL 20% NIL

*plussurchargeasapplicable:–Inthecaseofadomesticcompany@5%andincaseofaeverycompany,otherthanadomesticcompany@2%(iftheirtotal incomeexceeds`100,00,000/-),Nosurchargeonfirms,co-operativesocieties, localauthoritiesIndividuals/HUFs/BOIs/AOPsandArtificial juridical persons.

Pluseducationcessandsecondaryandhighereducationcess:3%

**CapitalGainsonredemptionofUnitsheldforaperiodofmorethan12monthsfromthedateof allotment.

TheFinance(No.2)Act,2009hasmadeanamendmenttotheeffectthatanyincomereceivedbyanypersononbehalfoftheNewPensionSystemTrustestablishedon27thdayofFebruary,2008undertheprovisionofIndianTrustActof1882shallbeexemptfromIncometax.

Any person entitled to receive any sum or income or amount, on which tax is deductible under Chapter XVIIB (hereafter referred to as deductee) on or after 1/04/2010, shall furnish hisPermanent Account Number to the person responsible for deducting such tax (hereafter referred to as deductor), failing which tax shall be deducted at the higher of the following rates, namely:

(i) at the rate specified in the relevant provision of this Act; or

(ii) at the rate or rates in force; or

(iii) at the rate of twenty per cent.

In case of investments by NRIs during NFO, at the time of redemption of units, TDS will be deducted attheapplicablerate.However,inrespectofthoseUnitHolderswhohaveacquiredtheUnitsontheStockExchangepostlistingofunits,theUnitHolderswouldneedtoprovideacertificatefromaCharteredAccountantcertifyingthedetailsofacquisitionofUnitstotheFundwithintwodaysofmaturity of the Scheme, so as to enable the Fund to deduct TDS at the applicable rates. In the event of such details not being provided, the Fund would deduct TDS on the redemption proceeds at the highest rate of TDS applicable.

For further details on taxation please refer to the clause on Taxation in the SAI.Investor services InvestorscanenquireaboutNAVs,UnitHoldings,Valuation,Dividends,etc.orlodgeanyservice

requestat“18002003444”.Alternately,theinvestorcancallattheAMCbranchofficeaswellforany information. In order to protect confidentiality of information, the service representatives may requirepersonalinformationoftheinvestorforverificationofhis/heridentity.TheAMCwillatalltimes endeavor to handle transactions efficiently and to resolve any investor grievances promptly.

InvestorgrievancesshouldbeaddressedtoInvestorServicesattheAMCbranchoffices,orCAMSInvestorServiceCentres.All grievanceswill thenbe forwarded to theRegistrar, if required, fornecessaryaction.ThecomplaintswillcloselybefollowedupwiththeRegistrarandtheAMCtoensure timely redressal and prompt investor service.

InvestorscanalsoaddresstheirqueriestotheInvestorRelationsofficer,Ms.UshaMallya,604,6thFloor,PeninsulaTower,PeninsulaCorporatePark,G.K.Marg,LowerParel,Mumbai–400013.Investorsmayalsosendtheircomplaintsbyemailtoinvestorcare@aig.comorcancallon40930001.

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D. COMPUTATION OF NAV

TheNetAssetValueoftheUnitsofaSchemewillbecomputedbydividingthenetassetsoftheSchemebythenumberofUnitsoutstandingon the valuation date. The Fund shall value its investments according to the valuation norms, as specified in Schedule VIII of the Regulations or such norms as may be prescribed by SEBI from time to time. The NAVs of the fund shall be rounded off upto four decimals.

NAV is the actual value of a unit on any business day and shall be calculated by either of the following methods shown below:

NAV (`) =(Marketorfairvalueofthescheme’sinvestments(+)currentassets(-)currentliabilitiesandProvisions)/Numberofunitsoutstanding at the end of the day

NAV (`)=UnitCapital+reservesandSurplus/Numberofunitsoutstandingattheendoftheday

The NAV shall be calculated on all business days. The valuation of the scheme’s assets and calculation of the scheme’s NAV shall be subject to audit on an actual basis and such regulations as may be prescribed by SEBI from time to time.

ThefirstNAVwillbecalculatedandannouncedwithinaperiodof5workingdaysafterthecloseoftheNFOperiod.SubsequentlytheNAVshall be calculated and announced on all business days.

Investors can refer to the Statement of Additional Information for detailed policies with respect to accounting and valuation of securities.

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IV. FEES AND EXPENSES

This section outlines the expenses that will be charged to the scheme.

A. NEW FUND OFFER (NFO) EXPENSES

These expenses are incurred for the purpose of various activities related to the NFO like sales and distribution fees paid marketing and advertising,registrarexpenses,printingandstationary,bankchargesetc.EntireNFOexpenseswillbebornebytheAMC.IntermsofSEBIcircularNo.SEBI/IMD/CIRNo.11/115723/08datedJanuary31,2008,theschemeisnotpermittedtochargeinitialissueexpensestothescheme.Hence,NFOExpenseswillnotbechargedtotheScheme.

B. ANNUAL SCHEME RECURRING EXPENSES

These are the fees and expenses for operating the scheme. These expenses include Investment Management and Advisory Fee charged by theAMC,RegistrarandTransferAgents’fee,marketingandsellingcostsetc.asgiveninthetablebelow:

TheAMChasestimatedthatthefollowingpercentageoftheweeklyaveragenetassetsoftheschemewillbechargedtotheschemeasexpenses. For the actual current expenses being charged, the investor should refer to the website of the mutual fund. The mutual fund would updatethecurrentexpenseratiosonthewebsitewithin2(two)workingdaysmentioningtheeffectivedateofthechange.

Nature of Expense % of net assetsInvestmentManagement&AdvisoryFees 1.00CustodialFees 0.010Registrars&Transferagentfeesincludingcostsrelatedtoprovidingaccountsstatement,dividend/redemptionCheques/warrantsetc.

0.200

MarketingandSellingexpensesincludingagents’commission&statutoryadvertisements 0.010Brokerage&TransactionCostpertainingtodistributionofunits 1.00AuditFees/Feesandexpensesoftrustees 0.002Costsrelatedtoinvestorcommunications 0.010Costsoffundtransferfromlocationtolocation 0.008Other expenses* 0.010TOTAL RECURRING EXPENSES 2.25

*AspermittedundertheRegulation52ofSEBI(MF)Regulations.

The purpose of the above table is to assist the investor in understanding the various costs and expenses that an investor in the scheme will bear directly or indirectly.

Theaboveexpensesaresubjecttointer-sechangeandmayincrease/decreaseasperactualand/oranychangeintheRegulations.Theseestimates have been made in good faith as per information available to the Investment Manager based on past experience and are subject to changeinter-se.TypesofexpenseschargedshallbeaspertheSEBI(MF)Regulations.

As per the Regulations, the maximum recurring expenses that can be charged to the scheme shall be subject to a percentage limit of weekly net assets as in the table below:

First `100crore Next `300crore Next `300crore Over `700crore2.25% 2.00% 1.75% 1.50%

SubjecttoRegulations,expensesoverandabovetheprescribedlimitshallbebornebytheAssetManagementCompany.

IntermsoftheInvestmentManagementAgreementandtheRegulations,theAMCisentitledtoaninvestmentmanagementfeeat1.25%perannum of the average net assets for a corpus up to `100croresandat1.00%perannumforthecorpusamountinexcessof`100crores.Further,pursuanttoSEBICircularNo.SEBI/IMD/CIRNo.18/198647/2010datedMarch15,2010ithasbeenclarifiedthatAMCshallnotcollectanyadditionalmanagementfeesaspertheRegulation52(3)ofSEBIMFRegulations,1996fortheschemelaunchedonnoloadbasis.

C. LOAD STRUCTURE

Entry/ Exit Load (During NFO and Continuous Offer)

Loadisanamountwhichispaidbytheinvestortosubscribetotheunitsortoredeemtheunitsfromthescheme.ThisamountisusedbytheAMCtopaycommissionstothedistributorandtotakecareofothermarketingandsellingexpenses.Loadamountsarevariableandaresubjecttochangefromtimetotime.Forthecurrentapplicablestructure,pleaserefertothewebsiteoftheAMC(www.aiginvestments.co.in)ormaycallat18002003444oryourdistributor.

The proposed load structure is as under:

Type of Load Load chargeable (as % of NAV)

Entry Load* N.A.Exit Load# 1% of the applicable NAV if redeemed within 1 year from the date of allotment.

TheaboveloadstructureisalsoapplicableforinvestmentsmadethroughanormalpurchaseandSIP/STP/SWPtransactions.


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• Aswitch-outorawithdrawalunderSWPwillalsoattractanExitLoadlikeanyRedemption.

• NoExitLoadwillbechargeableincaseofswitchesmadebetweendifferentoptionsoftheScheme.

*“IntermsofSEBIcircularno.SEBI/IMD/CIRNo.4/168230/09datedJune30,2009,noentryloadwillbechargedbytheSchemetotheinvestoreffectiveAugust1,2009.UpfrontcommissionshallbepaiddirectlybytheinvestortotheAMFIregisteredDistributorsbasedontheinvestors’ assessment of various factors including the service rendered by the distributor”

#WitheffectfromAugust01,2009,exitload/CDSC(ifany)upto1%oftheredemptionvaluechargedtotheunitholderbytheFundonredemption of units shall be retained by the scheme in a separate account and will be utilized for payment of commissions to the Distributors and to meet other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unit holder as exit load/CDSCshallbecreditedtotheschemeimmediately.

Bonus units and units issued on reinvestment of dividends shall not be subject to exit load.

TheAMC/Trusteeretainstherighttochange/imposeExitLoad/CDSC,subjecttoSEBIRegulations.Anyimpositionorenhancementintheloadshallbeapplicableonprospectiveinvestmentsonly.However,AMCshallnotchargeanyloadonunitsallottedonreinvestmentofdividendforexistingaswellasprospectiveinvestors.Atthetimeofchangingtheloadstructure,theAMCmayconsiderthefollowingmeasures to avoid complaints from investors about investment in the scheme without knowing the loads:

(i) The addendum detailing the changes may be attached to Scheme Information Document and key information memorandum. The addendummaybecirculatedtoallthedistributors/brokerssothatthesamecanbeattachedtoallSchemeInformationDocumentandkey information memoranda already in stock.

(ii) Arrangements may be made to display the addendum in the Scheme Information Document in the form of a notice in all the investor servicecentresanddistributors/brokersoffice.

(iii) Theintroductionoftheexitload/CDSCalongwiththedetailsmaybestampedintheacknowledgementslipissuedtotheinvestorsonsubmissionoftheapplicationformandmayalsobedisclosedinthestatementofaccountsissuedaftertheintroductionofsuchload/CDSC.

(iv) A public notice shall be given in respect of such changes in one English daily newspaper having nationwide circulation as well as in a newspaperpublishedinthelanguageofregionwheretheHeadOfficeoftheMutualFundissituated.

(v) Any other measures which the mutual funds may feel necessary

AllloadsincludingContingentDeferredSalesCharge(CDSC)fortheSchemeshallbemaintainedinaseparateaccountandmaybeutilised towards meeting the selling and distribution expenses. Any surplus in this account may be credited to the scheme, whenever felt appropriatebytheAMC.

Theinvestorisrequestedtochecktheprevailingloadstructureoftheschemebeforeinvesting.ForanychangeinloadstructureAMCwillissueanaddendumanddisplayitonitswebsiteatwww.aiginvestments.co.in/InvestorServiceCentres.

D. WAIVER OF LOAD FOR DIRECT APPLICATIONS

NotApplicable-PursuanttoSEBICirculardatedJune30,2009noentryloadwillbechargedforpurchase/additionalpurchase/switch-inacceptedbytheFundwitheffectfromAugust01,2009.Similarly,noentryloadwillbechargedwithrespecttoapplicationsforregistrationsundersystematicinvestmentplans/systematictransferplansacceptedbytheFundwitheffectfromAugust01,2009.Theupfrontcommissiononinvestmentmadebytheinvestor,ifany,shallbepaidtotheARNHolder(AMFIregisteredDistributor)directlybytheinvestor,basedontheinvestor’sassessmentofvariousfactorsincludingservicerenderedbytheARNHolder.

Standard Observation No. 16 (i,ii,iii,iv,v)

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V. RIGHTS OF UNITHOLDERS–PleaserefertoSAIfordetails.

VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS OR INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE PROCESS OF BEING TAKEN BY ANY REGULATORY AUTHORITY

This section contains the details of penalties, pending litigation, and action taken by SEBI and other regulatory and Govt. Agencies.

Sr. No.

SEBI Requirement Response

1. All disclosures regarding penalties and action(s) taken against foreign Sponsor(s) may be limited to the jurisdiction of thecountrywheretheprincipalactivities(intermsofincome/revenue)oftheSponsor(s)arecarriedoutorwheretheheadquartersoftheSponsor(s)issituated.Further,onlytop10monetarypenaltiesduringthelastthreeyearsshallbedisclosed

Nil

2. IncaseofIndianSponsor(s),detailsofallmonetarypenaltiesimposedand/oractiontakenduringthelastthreeyearsorpendingwith any financial regulatorybodyor governmental authority, against Sponsor(s) and/or theAMCand/ortheBoardofTrustees/TrusteeCompany; for irregularitiesorforviolations inthefinancialservicessector,orfordefaults with respect to share holders or debenture holders and depositors, or for economic offences, or for violation of securities law. Details of settlement, if any, arrived at with the aforesaid authorities during the last three years shall also be disclosed.

Nil

3. DetailsofallenforcementactionstakenbySEBIinthelastthreeyearsand/orpendingwithSEBIfortheviolationofSEBIAct,1992andRulesandRegulationsframedthereunderincludingdebarmentand/orsuspensionand/orcancellationand/orimpositionofmonetarypenalty/adjudication/enquiryproceedings,ifany,towhichtheSponsor(s)and/ortheAMCand/ortheBoardofTrustees/TrusteeCompanyand/oranyofthedirectorsand/orkeypersonnel(especiallythefundmanagers)oftheAMCandTrusteeCompanywere/areaparty.Thedetailsoftheviolationshallalsobedisclosed.

Nil

4. Any pending material civil or criminal litigation incidental to the business of the Mutual Fund to which the Sponsor(s) and/ortheAMCand/ortheBoardofTrustees/TrusteeCompanyand/oranyofthedirectorsand/orkeypersonnelare a party should also be disclosed separately.

Nil

5. AnydeficiencyinthesystemsandoperationsoftheSponsor(s)and/ortheAMCand/ortheBoardofTrustees/TrusteeCompanywhich SEBI has specifically advised to be disclosed in the SID, orwhich has been notified by any otherregulatory agency, shall be disclosed.

Nil

Notes:

1. Notwithstanding anything contained in this Scheme Information Document, the provisions of the SEBI (Mutual Funds) Regulations, 1996 and the guidelines thereunder shall be applicable.

2. TheSchemeunderthisSchemeInformationDocumentwasapprovedbytheTrusteesonJune24,2011.

3. TheTrusteeshaveensuredthatAIGMonthlyIncomePlan,approvedbyTrusteesisanewproductofferedbytheFundandisnotaminormodificationoftheexistingScheme/Fund/Product.

4. Anyamendments/replacement/re-enactmentofSEBI(MF)RegulationssubsequenttothedateoftheSchemeInformationDocumentshallprevail over those specified in this Scheme Information Document.

ForandonbehalfoftheBoardofDirectorsofAIGGlobalAssetManagementCompany(India)PrivateLimited

(AssetManagementCompanyoftheAIGGlobalInvestmentGroupMutualFund)

Sd/-

Place: Mumbai Sunil MehtaDate:July22,2011 Chief Executive Officer



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AIG Global Asset Management Company (India) Private Limited – Investor Service CentresAhmedabad: 101,SampadaComplex,BehindA.K.PatelHouse,NearMithakhaliSixRoads,Navrangpura,Ahmedabad–380009.Phone:07960000344,Cell:9974013010/11/12.Bangalore: No.33,Unit#11,1stFloor,ImperialCourt,CunninghamRoad,Bangalore–560052.Phone:080-41473386/87/88.Chandi-garh: SCO-117-118,OfficeNo.103,1stFloor,Sector-17B,Chandigarh–160017.Phone:0172-4000744.Chennai: GroundFloor,ELHeights,No.3CMMStreet,KodambakkamHighRoad,Nungambakkam,Chennai–600034.PhoneNo–044-43561946/47.Hyderabad: DBSHouse#310,3rdFloor,1-7-43-46,SardarPatelRoad,Secunderabad–500003.Phone:040-40509216/65142724.Kolkata: LORDS”,5thFloor,Suite–503,7/1LordSinhaRoad,Kolkata–700071.Phone:03340073001/3002.Lucknow: Officeno.6,GroundFloor,SaranChambers-1,5ParkRoad,Hazratganj,Lucknow–226001.Phone:05224005571.Mumbai: 604,6thFloor,PeninsulaTower,PeninsulaCorporatePark,G.K.Marg,LowerParel,Mumbai–400013,Phone:022-4093001/215.New Delhi: 9thFloor,9A&9C,VandanaBuilding,11TolstoyMarg,ConnaughtPlace,NewDelhi–110001.Phone:011-43593201-204.Pune: 304,BusinessGuild,LawCollegeRoad,OppKrishnaDiningHall,Pune–411004.Phone:02066401000/1/2.Vadodara: 202BDwarkeshComplex,OppPanorama,R.C.DuttRoad,Alkapuri,Baroda–390007.Phone:0265-6453562/63

CAMS SERVICE CENTRESAgartala: AdvisorChowmuhani(GroundFloor),Krishnanagar,Agartala,Agartala,Tripura,799001.Agra: No.8,IIFloor,MarutiTower,SanjayPlace,Agra,Uttarpradesh,282002.Ahmedabad: 402-406, 4th Floor -DevpathBuilding,OffCGRoad,BehindLalBungalow,Ellis Bridge,Ahmedabad,Gujarat, 380006.Ahmednagar: 203-A,Mutha Chambers, Old Vasant Talkies, Market Yard Road, Ahmednagar, Ahmednagar, Maharashtra, 414 001 .Ajmer: AMC No. 423/30, Near Church,Brahampuri,OppTBHospital.,JaipurRoad,Ajmer,Rajasthan,305001.Akola : Opp.RLTScienceCollege,CivilLines,Akola,Maharashtra,444001.Aligarh: CityEnclave,Opp.KumarNursingHome,RamghatRoad,Aligarh,UttarPradesh,202001.Allahabad: 30/2,A&B,CivilLinesStation,BesidesVishalMegaMart,StracheyRoad,Allahabad,Uttarpradesh,211001.Alleppey: Blgd.No.VIII/411,CCNBRoad,NearPagodaResort,Chungom,Alleppey,Kerala,688011.Alwar: 256A,SchemeNo:1,,AryaNagar,Alwar,Rajasthan,301001.Amaravati : 81,GulshamTower,2ndFloor,NearPanchsheelTalkies,Amaravati,Maharashtra,444601.Ambala: OppositePEER,BalBhavanRoad,Ambala,Ambala,Haryana,134003.Amritsar: 378-MajithiaComplex,1stFloor,M.M.MalviyaRoad,Amritsar,Punjab,143001.Anand: 101,A.P.Tower,,B/H,SardharGunj,NexttoNathwaniChambers,Anand,Gujarat,388001.Anantapur: 15-570-33, IFloor,PallaviTowers,Anantapur ,Anantapur,AndhraPradesh,515001.Andheri (parent: Mumbai ISC): 1,SkylarkGroundFloor,NearKamgarKalyanKendra&B.M.C.Office,AzadRoad,Andheri(E),Andheri,Andheri,Maharashtra,400069.Angul:, Similipada,Angul,Orissa,759122.Ankleshwar: ShopNo-F -56,FirstFloor,OmkarComplex,OppOldColony,NrValiaCharRasta,GIDC,Ankleshwar-Bharuch,Gujarat,393002.Asansol: Block–G1stFloor,PCChatterjeeMarketComplex,RambandhuTalabPOUshagram,Asansol,WestBengal,713303.Aurangabad : OfficeNo.1,1stFloor,AmodiComplex,JunaBazar,Aurangabad,Maharashtra,431001.Bagalkot: No. 6, GroundFloor,PushpakPlaza,TPNo.:52,WardNo.10,NexttoKumatagiMotors,StationRoad,NearBasaveshwarCircle,Bagalkot,Bagalkot,Karnataka,587101.Balasore: BCSenRoad,Balasore,Orissa,756001.Bangalore: TradeCentre,1stFloor,45,DikensenRoad,(NexttoManipalCentre),Bangalore,Karnataka,560042.Bareilly: F-62-63,ButlerPlaza,CivilLines,Bareilly,Bareilly,UttarPradesh,243001.Basti: Officeno3,IstFloor,JamiaShoppingComplex,(OppositePandeySchool)..,StationRoad,Basti,UttarPradesh,272002.Belgaum: 1stFloor,221/2A/1B,VaccineDepotRoad,Near2ndRailwaygate,,Tilakwadi,Belgaum,Karnataka,590006.Bellary: No.18A,1stFloor,Opp.GaneshPetrolPump,ParvathiNagarMainRoad,Bellary,Karnataka,583103.Berhampur: FirstFloor,UpstairsofAaroonPrinters,GandhiNagarMainRoad,Orissa,Berhampur,Orissa,760001.Bhagalpur: Krishna,IFloor,NearMahadevCinema,Dr.R.P.Road,Bhagalpur,Bhagalpur,Bihar,812002.Bharuch (parent: Ankleshwar TP): F-108,RangoliComplex,StationRoad,Bharuch,Bharuch,Gujarat,392001.Bhatinda: 2907GH,GTRoad,NearZilaParishad,BHATINDA,BHATINDA,Punjab,151001.Bhavnagar: 305-306,SterlingPoint,WaghawadiRoad,OPP.HDFCBANK,Bhavnagar,Gujarat,364002.Bhilai: 209,KhichariyaComplex,OppIDBIBank,NehruNagarSquare,Bhilai,Chhattisgarh,490020.Bhilwara: Indraparstha tower, Second floor, Shyam ki sabji mandi, Near Mukharjigarden,Bhilwara,Rajasthan,311001.Bhiwani: 24-25,Istfloor,CityMall,HansiGate,Bhiwani,Haryana,127021.Bhopal: Plotno10,2ndFloor,AlankarComplex,NearICICIBank,MPNagar,ZoneII,Bhopal,MadhyaPradesh,462011.Bhubaneswar: PlotNo-111,VarahaComplexBuilding,3rdFloor,StationSquare,KharvelNagar,Unit3,Bhubaneswar,Orissa,751001.Bhuj: DataSolution,OfficeNo:17,IstFloor,MunicipalBuildingOppHotelPrince,StationRoad,Bhuj-Kutch,Gujarat, 370 001.Bhusawal (Parent: Jalgaon TP): 3, AdeladeApartment,ChristainMohala, BehindGulshan-E-IranHotel, AmardeepTalkies Road, Bhusawal,Bhusawal,Maharashtra,425201.Bikaner: F4,5BothraComplex,ModernMarket,Bikaner,Bikaner,Rajasthan,334001.Bilaspur: BesideHDFCBank,LinkRoad,Bilaspur,Bilaspur,Chhattisgarh,495001.Bokaro: MazzanineFloor,F-4,CityCentre,Sector4,BokaroSteelCity,Bokaro,Jharkhand,827004.Burdwan: 399,GTRoad,BasementofTalkoftheTown,Burdwan,WestBengal,713101.C.R.Avenue (Parent: Kolkata ISC): 33,C.RAvenue,2ndfloor,RoomNo.13,Kolkata,Kolkata,WestBengal,700012.Calicut: 29/97G2ndFloor,GulfAirBuilding,MavoorRoad,Arayidathupalam,,Calicut,Kerala,673016.Chandigarh: DeepakTower,SCO154-155,1stFloor,Sector17-C,Chandigarh,Punjab,160017.Chandrapur: AboveMustafaDecor,HakimiPlaza,NearJetpuraGate,NearBangaloreBakery,KasturbaRoad,Chandrapur,Chandrapur,Maharashtra, 442 402.Chennai: Ground FloorNo.178/10, KodambakkamHigh Road,Opp.Hotel Palmgrove,Nungambakkam,Chennai,TamilNadu,600034.Chennai (OMR): GroundFloor,148OldMahabalipuramRoad,Okkiyam,Thuraipakkam,Chennai,TamilNadu,600097.Chhindwara: OfficeNo-1,ParasiaRoad,NearMehtaColony,Chhindwara,MadhyaPradesh,480001.Chittorgarh: 187RanaSangaMarket,Chittorgarh,Rajasthan,312001.Cochin: DoorNo.64/5871–D,3rdFloor, Ittoop’s ImperialTradeCenter ,M.|G.RoadNorth,Cochin,Kerala,682035.Coimbatore: Old#66New#86,LokamanyaStreet(West),GroundFloor,R.S.Puram,Coimbatore,TamilNadu,641002.Cuttack: NearIndianOverseasBank,CantonmentRoad,MataMath,Cuttack,Orissa,753001.Darbhanga: ShahiComplex,1stFloor,NearRBMemorialhospital,V.I.P.Road,Benta,Laheriasarai,Darbhanga,Darbhanga,Bihar,846001.Davanagere: 13,IstFloor,,AkkamahadeviSamajComplex,ChurchRoad,P.J.Extension,Davanagere,Karnataka,577002.Dehradun: 204/121NariShilpMandirMarg,OldConnaughtPlace,Dehradun,Uttaranchal,248001.Deoghar: SSMJalanRoad,Groundfloor,Opp.HotelAshoke,CasterTown,Deoghar,Jharkhand,814112.Dhanbad: UrmilaTowers, RoomNo: 111(1st Floor), Bank More, Dhanbad, Jharkhand, 826 001.Dharmapuri : 16A/63A, Pidamaneri Road, Near Indoor Stadium, Dharmapuri,Dharmapuri,TamilNadu,636701.Dhule : H.No.1793/A,J.B.Road,NearTowerGarden,Dhule,Maharashtra,424001.Durgapur: CityPlazaBuilding,3rdfloor,CityCentre,Durgapur,WestBengal,713216.Eluru: No23B-4-73,AndhraBankLane,OppSrinivasaTheatre,RamachandraRaoPeta,Eluru,AndhraPradesh,534002.Erode: 197,SeshaiyerComplex,AgraharamStreet,Erode,TamilNadu,638001.Faizabad: 64Cantonment,NearGPO,Faizabad,Faizabad,UttarPradesh,224001.Faridabad: B-49,IstFloor,NehruGround,BehindAnupamSweetHouse,NIT,Faridabad,Haryana,121001.Firozabad: ShopNo.19,IstFloor,AboveYOBikes,,SethVimalChand JainMarket,, JainNagar,AgraGate,,Firozabad,UttarPradesh,283203.Gandhidham: Grain Merchants Assocaition Building, Grain Merchants AssocaitionBuilding,Gandhidham,Gujarat,370201.Ghaziabad: 113/6IFloor,NavyugMarket,Ghaziabad,Uttarpradesh,201001.Goa: No.108,1stFloor,GuruduttaBldg,AboveWeekender,MGRoad,Panaji(Goa),Goa,403001.Gondal (Parent Rajkot): KailashComplex,Wing-A,OfficeNo.52,BusstandRoad,NearGundalaGate,Gondal,Gujarat,360311.Gondia: ShriTalkiesRoad,Gondia,Maharashtra,441601.Gorakhpur: ShopNo.3,SecondFloor,TheMall,CrossRoad,A.D.Chowk,BankRoad,Gorakhpur,Uttarpradesh,273001.Gulbarga: PalComplex,IstFloor,Opp.CityBusStop,SuperMarket,Gulbarga,Gulbarga,Karnataka,585101.Guntur: DoorNo5-38-44,5/1Brodipet,NearRaviSankarHotel,Guntur,AndhraPradesh,522002.Gurgaon: SCO-16,Sector-14,Firstfloor,,Gurgaon,Haryana,122001.Guwahati: A.K.AzadRoad,,Rehabari,Guwahati,Assam,781008.Gwalior: G-6GlobalApartment,KailashViharColony,Opp. IncomeTaxOffice,CityCentre.,Gwalior,MadhyaPradesh,474002.Haldia: 2ndFloor,NewMarketComplex,2ndFloor,NewMarketComplex,DurgachakPostOffice,PurbaMedinipurDistrict,..,Haldia,Haldia,WestBengal,721602.Haldwani: DurgaCityCentre,NainitalRoad,Haldwani,Haldwani,Uttarakhand,263139.Hazaribagh: Municipal Market, AnnandaChowk,Hazaribagh,Hazaribagh,Jharkhand,825301.Himmatnagar: D-78FirstFloor,NewDurgaBazar,NearRailwayCrossing,Himmatnagar,Himmatnagar,Gujarat,383001.Hisar: 12,Opp.BankofBaroda,RedSquareMarket,Hisar,Hisar,Haryana,125001.Hoshiarpur : NearArchiesGallery,ShimlaPahariChowk,Hoshiarpur,Hoshiarpur,Punjab,146001.Hosur: ShopNo.8JDPlaza,OppTNEBOffice,RoyakottaRoad,Hosur,TamilNadu,635109.Howrah (Parent: Kolkata ISC): GagananchalShoppingComplex,ShopNo.36(Basement),37,Dr.AbaniDuttaRoad,Salkia,Howrah,Howrah,WestBengal,711106.Hubli: No.204-205,1stFloor,‘B‘Block,KundagolComplex,Opp.Court,ClubRoad,Hubli,Karnataka,580029.Hyderabad: 208,IIFloor,JadeArcade,ParadiseCircle,Secunderabad,AndhraPradesh,500003.Ichalkaranji (Parent Kolhapur): 12/178,BehindCongressCommitteeOffice,Ichalkaranji,Maharashtra,416115.Indore: 101,ShalimarCorporateCentre,8-B,Southtukogunj,Opp.Greenpark,Indore,MadhyaPradesh,452001.Jabalpur: 8,GroundFloor,DattTowers,BehindCommercialAutomobiles,NapierTown,Jabalpur,MadhyaPradesh,482001.Jaipur: R-7,YudhisthirMarg,C-Scheme,BehindAshokNagarPoliceStation,Jaipur,Rajasthan,302001.Jalandhar: 367/8,CentralTown,Opp.GurudwaraDiwanAsthan,Jalandhar,Punjab,144001.Jalgaon: RustomjiInfotechServices,70,Navipeth,Opp.OldBusStand,Jalgaon,Maharashtra,425001.Jalna C.C. (Parent: Aurangabad): ShopNo:11,1StFloor,AshokaPlaza,Opp:MagisticTalkies,SubhashRoad,Jalna,Jalna,Maharashtra,431203.Jammu: 660-GandhiNagar,Jammu,J&K,180004.Jamnagar: 217/218,ManekCentre,P.N.Marg,Jamnagar,Gujarat,361008.Jamshedpur: Millennium Tower, “R” Road, RoomNo:15FirstFloor,Bistupur,Jamshedpur,Jharkhand,831001.Jaunpur : 248,FORTROAD,NearAMBERHOTEL,Jaunpur,Uttarpradesh,222001.Jhansi: Opp

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SBICreditBranch,BabuLalKharkanaCompound,GwaliorRoad,Jhansi,Uttarpradesh,284001.Jodhpur: 1/5,NirmalTower,IstChopasaniRoad,Jodhpur,Rajasthan,342003.Junagadh: CircleChowk,NearChoksiBazarKaman,,Gujarat,Junagadh,Gujarat,362001.Kadapa: BandiSubbaramaiahComplex,D.No:3/1718,ShopNo:8,RajaReddyStreet,Kadapa,Kadapa,AndhraPradesh,516001.Kakinada: No.33-1,44SriSathyaComplex,MainRoad,Kakinada,Kakinada,AndhraPradesh,533001.Kalyani: A-1/50,Block-A,DistNadia,Kalyani,WestBengal,741235.Kanchipuram: NewNo.38,(OldNo.50),,VallalPachayappanStreet,NearPachayappasHighSchool,Kanchipuram,TamilNadu,631501.Kannur: RoomNo.14/435,CasaMarinaShoppingCentre,Talap,Kannur,Kannur,Kerala,670004.Kanpur: I Floor 106 to108,CityCentrePhase II, 63/2,THEMALL,Kanpur,Uttarpradesh,208001.Karimnagar: HNo.7-1-257,Upstairs SBH,Mangammathota,Karimnagar,Karimnagar,AndhraPradesh,505001.Karnal (Parent :Panipat TP):,7,IstFloor,OppBataShowroom,KunjapuraRoad,Karnal,Karnal,Haryana,132001.Karur: 126G,V.P.Towers,KovaiRoad,BasementofAxisBank,Karur,Karur,TamilNadu,639002.Katni: NH7,NearLIC,JabalpurRoad,BARGAWAN,Katni,MadhyaPradesh,483501.Kestopur: AA101,PrafullaKanan,SreeparnaAppartment,GroundFloor,Kolkata,Kestopur,WestBengal,700101.Khammam : ShopNo:11-2-31/3,1stfloor,PhilipsComplex,,Balajinagar,WyraRoad,,NearBaburaoPetrolBunk,,Khammam,AndhraPradesh,507001.Khanna : ShopNo:-3,BankofIndiaBuilding,,GuruAmarDassMarket,Khanna,Punjab,141401.Kharagpur: H.NO.291/1,WARDNO-15,MalanchaMAINROAD,OPPOSITEUCOBANK,Kharagpur,Kharagpur,WestBengal,721301.Kolhapur: 2B,3rdFloor,,AyodhyaTowers,StationRoad,,Kolhapur,Maharashtra,416001.Kolkata: “LORDSBuilding”,7/1,LordSinhaRoad,GroundFloor,Kolkata,WestBengal,700071.Kollam: KochupilamooduJunction,NearVLC,BeachRoad,Kollam,Kerala,691001.Kota: B-33‘KalyanBhawan,TrianglePart,VallabhNagar,Kota,Rajasthan,324007.Kottayam: KMCIX/1331A,Opp.:MalayalaManorama,RailwayStationRoad,Thekkummoottil,Kottayam,Kerala,686001.Kumbakonam: JailaniComplex,47,MuttStreet,Kumbakonam,TamilNadu,612001.Kurnool: H.No.43/8,Upstairs,UppiniArcade,NRPeta,Kurnool,Kurnool,AndhraPradesh,518004.Latur: VypariDharmShala,OfficeNo.2,2ndFloor,Above:MaheshUnnaiHospital,Nr.KamdarpetrolPump,Latur,Latur,Maharashtra,413531.Lucknow: Off#4,1stFloor,CentreCourtBuilding,,3/c,5-ParkRoad,Hazratganj,Lucknow,Uttarpradesh,226001.Ludhiana: U/GF,PrinceMarket,GreenField,NearTrafficLights,SarabhaNagarPulli,PakhowalRoad,,Ludhiana,Punjab,141002.Madurai: 86/71A,TamilsangamRoad,Madurai,TamilNadu,625001.Malda: DaxhinapanAbasan,OppLaneofHotelKalinga,SMPally,Malda,Malda,WestBengal,732101.Mangalore: No.G4&G5,InlandMonarch,Opp.KarnatakaBank,KadriMainRoad,Kadri,Mangalore,Karnataka,575003.Manipal: TradeCentre,2ndFloor,SyndicateCircle,StartingPoint,Manipal,Karnataka,576104.Mapusa (Parent ISC : Goa): Officeno.CF-8,1stFloor,BusinessPoint,AboveBicholimUrbanCo-opBank,Angod,Mapusa,Mapusa,Goa,403507.Margao: VirginkarChambersIFloor,NearKamathMilanHotel,NewMarket,NearLilyGarments,OldStationRoad,Margao,Margao,Goa,403601.Mathura: 159/160VikasBazar,Mathura,Uttarpradesh,281001.Meerut: 108IstFloorShivamPlaza,OppositeEvesCinema,HapurRoad,Meerut,Uttarpradesh,250002.Mehsana: 1stFloor,SubhadraComplex,UrbanBankRoad,Mehsana,Mehsana,Gujarat,384002.Moga: GroundFloor,AdjoiningTATAIndicomOffice,DuttRoad,Moga,Moga,Punjab,142001.Moradabad: B-612‘Sudhakar’,LajpatNagar,Moradabad,Uttarpradesh,244001.Mumbai: RajabahdurCompound,GroundFloor,OppAllahabadBank,BehindICICIBank,30,MumbaiSamacharMarg,Fort,Mumbai,Maharashtra,400023.Muzaffarpur: Brahmantoli,,Durgasthan,GolaRoad,Muzaffarpur,Bihar,842001.Mysore: No.1, 1st Floor, CH.267thMain,5thCross,(AboveTrishakthiMedicals),SaraswatiPuram,Mysore,Karnataka,570009.Nadiad (Parent TP: Anand TP): 8,RaviKiranComplex,GroundFloorNanakumbhnathRoad,Nadiad,Nadiad,Gujarat,387001.Nagpur: 145Lendra,NewRamdaspeth,Nagpur,Maharashtra,440010.Namakkal: 156A/1,FirstFloor,LakshmiVilasBuilding,Opp.ToDistrictRegistrarOffice,TrichyRoad,Namakkal,Namakkal,TamilNadu,637001.Nanded: ShopNo.302,1stFloor,,RajMohd.Complex,WorkShopRoad,Shrinagar,Nanded,Nanded,Maharashtra,431605.Nandyal: ShopNo.:62&63,SrinivasaComplex,BesidesRamakrishnaPlyWood,SrinivasaNagar,Nandyal,AndhraPradesh,518501.Nasik: RuturangBungalow,2GodavariColony,BehindBigBazar,NearBoysTownSchool,OffCollegeRoad,Nasik,Maharashtra,422005.Navsari: DineshVasani&Associates,103-HarekrishnaComplex,aboveIDBIBank,,Nr.VasantTalkies,ChimnabaiRoad,Navsari,Gujarat,396445.Nellore: 97/56,IFloorImmadisettyTowers,RanganayakulapetRoad,Santhapet,,Nellore,AndhraPradesh,524001.New Delhi : 304-305IIIFloor,KanchenjungaBuilding,18,BarakhambaRoad,CannaugtPlace,NewDelhi,NewDelhi,110001.Nizamabad: D.No.5-6-209,SaraswathiNagar,NIZAMABAD,Nizamabad,AndhraPradesh,503001.Noida: B-20,Sector-16,NearMetroStation,Noida,Noida,201301.Ongole: #1,ARNComplex,KurnoolRoad,Ongole,AndhraPradesh,523001.Palakkad: 10/688,SreedeviResidency,MettupalayamStreet,Palakkad,Palakkad,Kerala,678001.Palanpur: JyotindraIndustriesCompound,NearVinayakPartyPlot,DeesaRoad,Palanpur,Palanpur,Gujarat,385001 .Panipat: 83,DeviLalShoppingComplex,OppABNAmroBank,G.T.Road,Panipat,Haryana,132103.Pathankot: 13-A,IstFloor,GurjeetMarket,DhanguRoad,Pathankot,Punjab,145001.Patiala: 35,NewlalBaghColony,Patiala,Punjab,147001.Patna: KamlalayeShobhaPlaza,GroundFloor,NearAshianaTower,ExhibitionRoad,Patna,Bihar,800001.Pondicherry: S-8,100,JawaharlalNehruStreet,(NewComplex,Opp. IndianCoffeeHouse),Pondicherry,Pondicherry,605001.Porbandar: IIFloor,HarikrupaTowers,Opp.VodafoneStore,MGRoad,Porbandar ,Gujarat,360575.Proddatur: Dwarakmayee,DNo8/239,OppSaraswathiType Institute,SreeramulaPeta,Proddatur,AndhraPradesh,516360.Pune: Nirmiti Eminence,OffNo.6,IFloor,OppAbhishekHotelMehandaleGarageRoad,Erandawane,Pune,Maharashtra,411004.Rae Bareli: 17,AnandNagarComplex,RaeBareli,RaeBareli,UttarPradesh,229001.Raipur: HIG,C-23,Sector-1,DevendraNagar,Raipur,Chhattisgarh,492004.Rajahmundry: Cabin101D.no7-27-4,1stFloorKrishnaComplex,BaruvariStreet,TNagar,Rajahmundry,AndhraPradesh,533101.Rajapalayam: No59A/1,RailwayFeederRoad,NearRailwayStation,Rajapalayam,Rajapalayam,TamilNadu,626117.Rajkot: Office207-210,EverestBuilding,HariharChowk,OppShastriMaidan,LimdaChowk,Rajkot,Gujarat,360001.Ranchi: 4,HBRoad,No:206,2ndFloorShriLokComplex,HBRoadNearFirayalal,Ranchi,Jharkhand,834001.Ratlam: Dafria&Co,18,RamBagh,NearScholar’sSchool,Ratlam,MadhyaPradesh,457001.Ratnagiri: KohinoorComplex,NearNatyaTheatre,NachaneRoad,Ratnagiri,Ratnagiri,Maharashtra,415639.Rohtak: 205,2NDFloor,Blg.No.2,MunjalComplex,DelhiRoad,Rohtak,Haryana,124001.Roorkee: 399/1 JadugarRoad,33CivilLines,Roorkee,Roorkee,Uttarakhand,247667.Ropar: SCF-17ZailSinghNagar,Ropar,Ropar,Punjab,140001.Rourkela: 1stFloor,MangalBhawan,PhaseII,PowerHouseRoad,Rourkela,Orissa,769001.Sagar: Opp.SomaniAutomobiles,Bhagwanganj,Sagar,Sagar,MadhyaPradesh,470002.Saharanpur: IFloor,KrishnaComplex,Opp.HathiGate,CourtRoad,Saharanpur,Saharanpur,UttarPradesh,247001.Salem: No.2,IFloorVivekanandaStreet,,NewFairlands,Salem,TamilNadu,636016.Sambalpur: C/oRajTibrewal&Associates,Opp.TownHighSchool,Sansarak,Sambalpur,Orissa,768001.Sangli (Parent: Kolhapur): DiwanNiketan,313,RadhakrishnaVasahat,Opp.HotelSuruchi,NearS.T.Stand,Sangli,Sangli,Maharashtra,416416.Satara: 117/A/3/22,ShukrawarPeth,SargamApartment,Satara,Maharashtra,415002.Satna: 1stFloor,ShriRamMarket,BesidesHotelPankaj,BirlaRoad,SATNA,Satna,MadhyaPradesh,485001.Shahjahanpur: Bijlipura,,NearOldDisttHospital,NearOldDisttHospital, Shahjahanpur,UttarPradesh,242001.Shillong: LDBBuilding,1stFloor,G.S.Road,Shillong,Meghalaya,793001.Shimla: I Floor, Opp. Panchayat BhawanMaingate,Busstand,Shimla,Shimla,HimachalPradesh,171001.Shimoga: Nethravathi,NearGuttiNursingHome,KuvempuRoad,Shimoga,Shimoga,Karnataka,577201.Siliguri: No7,SwamijiSarani,GroundFloor,GroundFloor,Hakimpara,Siliguri,WestBengal,734001.Sirsa: GaliNo:1,OldCourtRoad,NearRailwayStationCrossing,Sirsa,Haryana,125055.Sitapur: AryaNagar,NearAryaKanyaSchool,Sitapur,Sitapur,UttarPradesh,261001.Solan : 1st Floor, Above SharmaGeneralStore,NearSankiResthouse,TheMall,Solan,Solan,HimachalPradesh,173212.Solapur: FlatNo109,1stFloor,AWing,KalyaniTower,126SiddheshwarPeth,NearPangalHighSchool,Solapur,Maharashtra,413001.Sonepat: ShopoNo.5,PPTower,GroundFloor,OpptoIncomeTaxoffice,,Sonepat,Haryana,131001.Sriganganagar: 18LBlock,SriGanganagar,SriGanganagar,Rajasthan,335001.Srikakulam: DoorNo5-6-2,PunyapuStreet,PalakondaRoad,NearKrishnaPark,Srikakulam,Srikakulam,AndhraPradesh,532001.Sultanpur: 967,CivilLines,NearPantStadium,Sultanpur,UttarPradesh,228001.Surat: Plot No.629,2ndFloor,OfficeNo.2-C/2-D,MansukhlalTower,BesideSeventhDayHospital,Opp.DhirajSons,Athwalines,Surat,Gujarat,395001.Surendranagar: 2MIPark,NearCommerceCollege,WadhwanCity,Surendranagar,Surendranagar,Gujarat,363035.Tanjore: 1112,WestMainStreet,Tanjore,TamilNadu,613009.Thane: 3rdFloor,NalandaChambers,“B”Wing,,GokhaleRoad,NearHanumanTemple,Naupada,Thane,Maharashtra,400602.Thiruppur: 1(1),BinnyCompound,,IIStreet,,KumaranRoad,Thiruppur,TamilNadu,641601.Thiruvalla: CentralTower,AboveIndianBank,,Cross Junction,Thiruvalla,Kerala,689101.Tinsukia: SanairanLohiaRoad,1stFloor,Tinsukia,Assam,786125.Tirunelveli: 1Floor,ManoPremaComplex,182/6,S.NHighRoad,Tirunelveli,TamilNadu,627001.Tirupathi: ShopNo14,BoligalaComplex,,1stFloor,DoorNo.18-8-41B,NearLeelaMahalCircle,TirumalaByepassRoad,Tirupathi,AndhraPradesh,517501.Trichur: AdamBazar,Roomno.49,GroundFloor,RiceBazar(East),Trichur,Kerala,680001.Trichy: No8,IFloor,8thCrossWestExtn,Thillainagar,Trichy,TamilNadu,620018.Trivandrum: RSComplex,OppositeofLICBuilding,PattomPO,,Trivandrum,Kerala,695004.Tuticorin: 1–A/25,1stFloor,EagleBookCentreComplex,ChidambaramNagarMain,PalayamkottaiRoad,Tuticorin,Tuticorin,TamilNadu,628008.Udaipur: 32Ahinsapuri,FatehpuraCircle,Udaipur,Rajasthan,313004.Ujjain :,123,1stFloor,SiddhiVinanyakaTradeCentre,SaheedPark,,Ujjain,MadhyaPradesh,456010.Unjha (Parent: Mehsana): 10/11,MarutiComplex,,Opp.BRMarbles,HighwayRoad,Unjha,Unjha,Gujarat,384170.Vadodara: 103AriesComplex,BPCRoad,OffR.C.DuttRoad,Alkapuri,Vadodara,Gujarat,390007.Valsad: 3rdfloor,GitaNivas,oppHeadPostOffice,HalarCrossLane,Valsad,Gujarat,396001.Vapi: 215-216,HeenaArcade,Opp.TirupatiTower,NearG.I.D.C,CharRasta,Vapi,Vapi,Gujarat,396195.Varanasi: C27/249-22A,VivekanandNagarColony,Maldhaiya,Varanasi,Uttarpradesh,221002.Vellore: No:54,IstFloor,PillaiyarKoilStreet,ThottaPalayam,Vellore,TamilNadu,632004.Veraval: Opp.LohanaMahajanWadi,SattaBazar,Veraval,Veraval,Gujarat,362265.Vijayawada: 40-1-68,Rao&RatnamComplex,NearChennupatiPetrolPump,M.GRoad,Labbipet,Vijayawada,AndhraPradesh,520010.Visakhapatnam: 47/9/17,1stFloor,3rd Lane, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh, 530 016.Warangal: F13, 1st Floor, BVSS Mayuri Complex, Opp. Public Garden, Lashkar Bazaar,Hanamkonda,Warangal,AndhraPradesh,506001.Wardha : Opp.RamanCycleIndustries,KrishnaNagar,Wardha,Maharashtra,442001.Yamuna Nagar: 124-B/RModelTown,Yamunanagar,YamunaNagar,Haryana,135001.Yavatmal: Pushpam,Tilakwadi,Opp.Dr.ShrotriHospital,Yavatma,Yavatma,Maharashtra,445001.

AIG Global Asset Management Company (India) Private Limited604, 6th Floor, Peninsula Tower,

Peninsula Corporate Park,G. K. Marg, Lower Parel,

Mumbai - 400 013Tel.: (91 22) 4093 0001Fax: (91 22) 4093 0077

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