PineBridge India - US Equity Fundportal.amfiindia.com/spages/7610.pdfPineBridge Investments Japan...

PineBridge India - US Equity Fund (An open ended fund of funds scheme investing overseas)

Offer for 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 : November 29, 2013

New Fund Offer Closes on : December 13, 2013

Scheme re-opens for continuous Sale & Repurchase not later than December 30, 2013

(The AMC / Trustees reserves the right to extend the closing date, but not later than 15 days from the opening date of the new fund offer) Name of Mutual Fund : PineBridge Mutual Fund

Name of Asset Management Company : PineBridge Investments Asset Management Company (India) Private Limited

Name of Trustee Company : PineBridge Investments Trustee Company (India) Private Limited

Addresses and Website of the entities : 203, 2nd Floor, Peninsula Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013. www.pinebridge.inThe 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 (SID).

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 PineBridge Mutual Fund, Tax and Legal issues and general information on www.pinebridge.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 October 30, 2013.

PineBridge Investments Japan Co., Ltd.JA Building, 3-1,Otemachi 1-chome,Chiyoda-ku,Tokyo 100-6813Japan

SponsorPineBridge Investments Trustee Company (India) Private LimitedRegistered Office:203, 2nd Floor, Peninsula Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013

TrusteePineBridge Investments Asset Management Company (India) Private LimitedRegistered Office:203, 2nd Floor, Peninsula Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013

Asset Management CompanyComputer Age ManagementServices Private LimitedRegistered Office:New No. 10, Old No. 178,MGR Salai, Nungambakkam,Chennai - 600 034

Registrar and Transfer Agent

Citibank N. A.Securities & Fund ServicesTrend House, 3rd Floor,‘G’ Block, Plot No. 60,Bandra Kurla Complex,Bandra (East), Mumbai - 400051

Custodian

S. R. Batliboi & Co.6th Floor, Express Towers,Nariman Point,Mumbai - 400 021

Auditors to the Fund

Citibank N. A.Securities & Fund ServicesTrend House, 3rd Floor,‘G’ Block, Plot No. 60,Bandra Kurla Complex,Bandra (East), Mumbai - 400051

Fund Accountant

Scheme Information Document

PineBridge Investments is a group of international companies that provides investment advice and markets asset management products and services to clients around the world. PineBridge Investments is a registered trademark proprietary to PineBridge Investments IP Holding Company Limited.

Investor Care 1800-200-3444 Email: [email protected] Website www.pinebridge.in

Distributor Care (City Code) 60000344* Email: [email protected] SMS TRUST to 56767

* Available at our Ahmedabad, Bengaluru, Chennai, Mumbai, New Delhi and Pune branches.

Product Label

This product is suitable for investors who are seeking#:

• long-termcapitalgrowth

• longtermcapitalappreciationbyinvestinginUnitsofPineBridgeUSLargeCapResearchEnhancedFundwhichinturninvestsinequityandequityrelatedsecurities of companies having assets, products or operations in the United States.

• highrisk (BROWN) #Investor should consult their financial advisers if in doubt about whether the product is suitable for them.

Note: Risk may be represented as:

(BLUE) Investors understand that their principal will be at low risk

(YELLOW) Investors understand that their principal will be at medium risk

(BROWN) Investors understand that their principal will be at high risk

TABLE OF CONTENTS

SECTION I. HIGHLIGHTS/SUMMARY OF THE SCHEME 1

SECTION II. INTRODUCTION 5

A. RISK FACTORS 5

B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME 13

C. SPECIAL CONSIDERATIONS 13

D. DEFINITIONS 16

E. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY 26

SECTION III. INFORMATION ABOUT THE SCHEME 27

A. TYPE OF THE SCHEME 27

B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME? 27

C HOW WILL THE SCHEME ALLOCATE ITS ASSETS? 27

D. WHERE WILL THE SCHEME INVEST? 29

E. WHAT ARE THE INVESTMENT STRATEGIES? 36

F. INVESTMENT IN OVERSEAS FINANCIAL ASSETS 37

G. FUNDAMENTAL ATTRIBUTES 38

H. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE? 39

I. WHO WILL MANAGE THE SCHEME? 39

J. WHAT ARE THE INVESTMENT RESTRICTIONS? 40

K. HOW HAVE THE SCHEMES PERFORMED? 41

L. INVESTMENT IN THE SCHEME BY THE AMC, SPONSOR OR THEIR AFFILIATES 41

M. COMPARISON BETWEEN THE EXISTING SCHEMES OF THE FUND 42

SECTION IV. UNITS AND OFFER 51

A. NEW FUND OFFER (NFO) DETAILS 51

B. ONGOING OFFER DETAILS 68

C. PERIODIC DISCLOSURES 87

D. COMPUTATION OF NAV 91

SECTION V. FEES AND EXPENSES 93

A. NEW FUND OFFER (NFO) EXPENSES 93

B. ANNUAL SCHEME RECURRING EXPENSES 93

C. LOAD STRUCTURE 94

D. WAIVER OF ENTRY LOAD 96

SECTION VI. RIGHTS OF UNITHOLDERS ‐ Please refer to SAI for details. 96

SECTION VII. 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 96

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SECTION I – HIGHLIGHTS / SUMMARY OF THE SCHEMES

Sr

No. HIGHLIGHTS OF

THE SCHEME PINEBRIDGE INDIA - US EQUITY FUND

(An open ended fund of funds scheme investing overseas)

1. Investment Objective The primary investment objective of the scheme is to provide long term capital appreciation by investing in units of a fund that investspredominantly in equity and equity-related securities of companies having assets, products or operations in the United States.

However, there is no assurance that the objective of the scheme will be realized.

2. Plans Available Standard

Direct

3. Options Available Growth

Dividend

• Dividend Payout

• Dividend Reinvestment

4. Minimum Application Amount (First Purchase)

` 5,000/-

5. Minimum Application Amount (Subsequent Purchase)

` 1,000/- and in multiples of ` 1 thereafter

6. Minimum installment for SIP

` 1,000/-

The SIP request should be for a minimum of 6 months / quarters

7.

Minimum installment for SWP and STP

` 1,000/-

A minimum of 6 withdrawal/transfer has to be submitted for SWP/STP

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

The minimum amount in case of inter/ intra scheme (inter plan/inter option) switches shall be the minimum amount required in the respective transferee scheme/plan

9. Entry Load* N.A.

* - “In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by

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Sr

No. HIGHLIGHTS OF



the distributor”

10. Exit Load 1% of the Applicable NAV if redeemed within 1 Year from the date of allotment.

No exit load shall be charged on units allotted on account of reinvestment of dividend.

Contingent Deferred Sales Charge

Nil

Inter - Scheme Switch

At the applicable load in the respective schemes

Intra - Scheme Switch (Inter plan / Inter option)

Switch of investments from Standard Plan, where the transaction (purchase including systematic transactions or switch-in) is received with distributor code to Direct Plan shall be subject to applicable exit load.

No Exit Load shall be levied :

(a) In case of switch of investments from Standard Plan, where the transaction (purchase including systematic transactions or switch-in) is received without distributor code to Direct Plan.

(b) In case of switches from Direct Plan to Standard Plan

11.

Liquidity The Scheme will offer Units for Purchase and Redemption at NAV related prices on every Business Day on an ongoing basis, commencing not later than 5 working days from the allotment of units of the scheme. The Mutual Fund will endeavor to dispatch the Redemption proceeds within 6 Business Days but not later than 10 business days from the acceptance of the Redemption request. The AMC/Trustee reserves the right to temporarily suspend subscriptions in/switches into the Scheme, if the limits prescribed by SEBI for overseas investments are exceeded/ expected to be exceeded. The present aggregate ceiling limit for overseas investments is US $ 7 billion and within this overall limit, Mutual Funds can make overseas investments subject to a maximum of US $ 300 million per Mutual Fund. This limit is applicable across all the funds of similar nature launched by the mutual fund, currently applicable to PineBridge World Gold Fund along with the scheme.

12. Benchmark Index Standard & Poor’s 500 Total Return Net Index in USD is the benchmark of the underlying scheme. The same converted into INR using RBI reference rate will be the benchmark for the scheme.

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No. HIGHLIGHTS OF



13. Transparency / NAV Disclosure

The AMC will calculate and disclose the first NAV of the scheme not later than 5 business days from the date of allotment of NFO units. The NAVs will be calculated and disclosed on every Business Day. However due to the difference in time zones, the NAV for the scheme for any business day (T Day) will be available on the next business day (T+1day) by 10.00 a.m . and the same shall be updated on the website of the Fund - www.pinebridge.in and of the Association of Mutual Funds in India - AMFI - www.amfiindia.com and shall be published in at least two daily newspapers having nationwide circulation. The AMC shall disclose portfolio (along with ISIN) as on the last day of the month on the above mentioned website of the Fund on or before the tenth day of the succeeding month in a user-friendly and downloadable format (preferably in a spreadsheet). The AMC will disclose details of the portfolio of the Scheme every 6 months by either sending a complete statement to all the Unit Holders or by publishing such statement, by way of advertisement, in two daily newspapers having nationwide circulation.

Transaction Charges:

Transaction charges are applicable on purchase(s) / subscription(s) of ` 10,000 and above and will be deducted from the investment amount where the distributor of the investor has opted to receive them. The details of the same are mentioned below:

Type of Investor Transaction Charge(s) (For Purchase / Subscription of `10,000/- and

above)

First Time Mutual Fund Investor ` 150

Investor other than First Time Mutual Fund Investor

` 100

Transaction charges in case of investments through SIP shall be deducted only if the total commitment (i.e. amount per SIP installment x No. of installments) amounts to ` 10,000/- and above. The Transaction Charges shall be deducted in 4 installments. The transaction charge shall be deducted by the AMC from the subscription amount and paid to the distributor; and the balance shall be invested. The statement of account will clearly state the amount of gross subscription, transaction charge and net investment and mention the number of units allotted against the net investment. However, transaction charges shall not be deducted for:

(a) Purchases /subscriptions for an amount less than ` 10,000/-;

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(b) Transaction other than purchases / subscriptions relating to new inflows such as Switch / Systematic Transfer Plan etc.;

(c) Purchases/subscriptions made directly with the Fund (i.e. not through any distributor/agent) i.e. Direct Investments;

(d) Transactions carried out through the stock exchange(s)

With effect from November 01, 2012, distributors have an option to either receive or not receive transaction charges based on product category. Accordingly, transaction charges may be deducted only from investment amounts in products where the respective distributor of the investor has opted to receive transaction charges.

Distributor Due Diligence:

As per SEBI Circular No. Cir/IMD/DF/13/2011 dated August 22, 2011 the customer relationship and transactions shall be categorized as:

a. Advisory – where a distributor represents to offer advice while distributing the product, it will be subject to the principle of ‘appropriateness’ of products to that customer category. Appropriateness is defined as selling only that product categorization that is identified as best suited for investors within a defined upper ceiling of risk appetite. No exception shall be made.

b. Execution Only – in case of transactions that are not booked as ‘advisory’, it shall still require:

i) The distributor has information to believe that the transaction is not appropriate for the customer, a written communication be made to the investor regarding the unsuitability of the product. The communication shall have to be duly acknowledged and accepted by investor.

ii) A customer confirmation to the effect that the transaction is ‘execution only’ notwithstanding the advice of in-appropriateness from that distributor be obtained prior to the execution of the transaction.

iii) That on all such ‘execution only’ transactions, the customer is not required to pay the distributor anything other than the standard flat transaction charge, as mentioned in ‘‘Transaction Charges’’ above.

c. There shall be no third categorization of customer relationship / transaction.

d. While selling Mutual Fund products of the distributors’ group/affiliate/associates, the distributor shall make disclosure to the customer regarding the conflict of interest arising from the distributor selling of such products.

Mis-selling of units of a mutual fund scheme

A new clause has been inserted under Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 on mis-selling of units of a mutual fund scheme;

For the purpose of this clause, "mis-selling" means sale of units of a mutual fund scheme by any person, directly or indirectly, by -

(i) making a false or misleading statement, or

(ii) concealing or omitting material facts of the scheme, or

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(iii)concealing the associated risk factors of the scheme, or

(iv) not taking reasonable care to ensure suitability of the scheme to the buyer.

Employee Unique Identification Number (EUIN)

SEBI circular dated September 13, 2012 has directed mutual funds to capture the unique identity number (EUIN) of the employee/relationship manager/sales person of the distributor (Sales Person) interacting with the investor for the sale of mutual fund products in addition to the AMFI Registration Number (ARN) of the distributor.

Hence, in order to protect the investors’ interests and assist in tackling the problem of mis-selling associated with mutual fund transactions, investors are advised to mention the AMFI Identity number of the Distributor’s representative (employee / relationship manager / sales person) interacting with him/her.

SECTION II - INTRODUCTION

A. RISK FACTORS

Standard Risk Factors:

• Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal.

• As the price / value / interest rates of the securities in which the scheme invests fluctuate, the value of your investment in the scheme may go up or down.

• Past performance of the Sponsor / AMC / Mutual Fund does not guarantee future performance of the scheme.

• PineBridge India - US Equity Fund is the name of the scheme and does not in any manner indicate either the quality of the scheme or its future prospects and returns.

• The sponsor is not responsible or liable for any loss resulting from the operation of the scheme beyond the

initial contribution of ` 1 lakh made by it towards setting up the Fund.

• The present Scheme is not a guaranteed or assured return scheme. In addition the scheme does not guarantee or assure any dividend and also does not guarantee or assure that it will make any dividend distribution, though it has every intention to make the same in the dividend option of the plans. All dividend distributions are subject to the investment performance of the Scheme.

Scheme Specific Risk Factors:

• The value of the Scheme's investments may be affected by factors affecting the securities market such as price and volume volatility in the capital markets, interest rates, currency exchange rates, changes in law/policies of the Government, taxation laws and political, economic or other developments which may have an adverse bearing on individual securities, a specific sector or all sectors. Consequently, the NAV of the Units of the Scheme may be affected.

• The Scheme intends to predominantly invest in units of PineBridge US Large Cap Research Enhanced Fund, which invests in US Large Cap Stocks (Russell 1000 and / or S&P 500). The Scheme may also

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invest, at the discretion of the Investment Manager, a certain portion of its corpus in the debt/liquid schemes of PineBridge Mutual Fund. Hence scheme specific risk factors of such underlying schemes will be applicable. Investments in the Scheme will be subject to risk factors associated with investment in the Underlying Scheme and other underlying schemes in which the Scheme invests. All risks associated with such schemes, including performance of their underlying stocks, derivative instruments, stock-lending, off-shore investments etc., will therefore be applicable in the case of the Scheme. Investors who intend to invest in the Scheme are required to and deemed to have understood the risk factors of such underlying schemes.

• The winding up of the Underlying Scheme may result in winding up of the Scheme itself.

• To the extent that the underlying schemes invest in corporate debt securities, they are subject to the risk of an issuer’s inability to meet interest and principal payments on its debt obligations (credit risk). Debt securities may also be subject to price volatility due to factors such as changes in credit rating, general level of market liquidity and market perception of the creditworthiness of the issuer, among others (market risk).

• To the extent that the underlying scheme are invested in fixed income securities, the NAV of the Units issued under the Scheme is likely to be affected by changes in the general level of interest rates. When interest rates decline, the value of a portfolio of fixed income securities can be expected to rise. Conversely, when interest rates rise, the value of a portfolio of fixed income securities can be expected to decline.

• The liquidity of the Scheme’s investments may be inherently restricted by the liquidity of the underlying schemes in which it has invested.

• The Investors shall bear the recurring expenses of the Scheme in addition to those of the underlying schemes. Therefore, the returns that they may receive may be materially impacted or may, at times, be lower than the returns that the investors directly investing in the underlying schemes could obtain.

• The disclosure of portfolios for the Scheme will be limited to the particulars of the underlying schemes and money market securities where the Scheme has invested. Investors may, therefore, not be able to obtain specific details of the investments of the underlying schemes.

• Any change in the investment policies or fundamental attributes of any underlying scheme is likely to affect the performance of the Scheme.

• Currency Risk – Investments in PineBridge US Large Cap Research Enhanced Fund are subject to currency risk. Returns to investors are the result of a combination of returns from investments and from movements in exchange rates. For example, if the Rupee appreciates vis-à-vis the US $, the extent of appreciation will lead to reduction in the yield to the investor. However, if the Rupee appreciates against the US $ by an amount in excess of the interest earned on the investment, the returns can even be negative. Again, in case the Rupee depreciates vis-à-vis the US $, the extent of depreciation will lead to a corresponding increase in the yield to the investor. Going forward, the Rupee may depreciate (lose value) or appreciate (increase value) against the currencies of the countries where the Scheme will invest.

Special Risk Considerations related to PineBridge US large Cap Research Enhanced Fund:

Investors must read these Special Risk Considerations. This section contains explanations of some of the risks that apply to PineBridge US large Cap Research Enhanced Fund.

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Absence of Recourse Risk The Trust Deed of the underlying fund limits the circumstances under which the Manager, the Investment Managers and their affiliates can be held liable to the Fund. As a result, Unitholders may have a more limited right of action in certain cases than they would have in the absence of such a limitation.

Country Risk Investors should also note that the underlying Fund’s performance is often derived from its allocations to a country. These allocations may present greater opportunities and potential for capital appreciation, but may subject the Fund to higher risks of loss.

Early Termination Risk In the event of the early termination of the Fund, the Fund may have to realise and distribute the remaining assets of the Fund pari passu to affected Unitholders of the fund. It is possible that at the time of such realisation or distribution, certain investments held by the Fund may be worth less than their initial acquisition cost or book value, resulting in a substantial loss to affected Unitholders. Moreover, any unamortised organisational or establishment costs or expenses in respect to the Fund may be debited against the Fund's capital at that time.

Financial Markets and Regulatory Change Risk The laws and regulations affecting businesses continue to evolve in an unpredictable manner. Laws and regulations, particularly those involving taxation, investment and trade, applicable to the Fund’s activities can change quickly and unpredictably, and may at any time be amended, modified, repealed or replaced in a manner adverse to the interests of the Fund. The Fund, the Manager and/or the Investment Managers may be or may become subject to unduly burdensome and restrictive regulation. In particular, in response to significant recent events in international financial markets, governmental intervention and certain regulatory measures have been or may be adopted in certain jurisdictions, including restrictions on short selling of certain securities in certain jurisdictions. One example in particular is the recently enacted US piece of legislation, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act."). The Dodd-Frank Act contains a range of measures designed to address systemic risk in the financial services sector and will significantly increase US regulation of investment funds and managers of investment funds. These significant changes in global financial regulation may present the Fund with significant challenges and could result in losses to the Fund and increased legal, compliance and other related costs.

Investment Loss Risk Investors should note that investment in the underlying fund may decline in value and should be prepared to sustain a total loss of their investment in the Fund. Neither the Manager, nor any of the Investment Managers, Sub-Investment Managers, Investment Advisers or sub-investment advisers appointed by the Manager in respect of the Fund, nor any of their respective subsidiaries, affiliates, associates, agents or delegates, guarantees the performance or any future return of the Fund.

Liquidity Risk Not all securities may be listed or rated and consequently liquidity may be low. The accumulation and disposal of holdings may be time consuming and may need to be conducted at unfavourable prices.

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Market Disruption Risk Major losses may occur in the event of disrupted markets and other extraordinary events. The risk of loss is compounded by the fact that in disrupted markets many positions become illiquid, making it difficult or impossible to close out positions against which the markets are moving. The financing available from banks, dealers and other counterparties will typically be reduced in disrupted markets. Further, a financial exchange may from time to time suspend or limit trading. Such a suspension could render it difficult or impossible to liquidate affected positions and thereby expose the underlying funds to losses.

Market Volatility Risk All types of investments and all markets are subject to market volatility based on prevailing economic conditions. Price trends are determined mainly by financial market trends and by the economic development of the issuers, who are themselves affected by the overall situation of the global economy and by the economic and political conditions prevailing in each country. Because securities fluctuate in price, the value of your investment may go up and down.

Political and/or Regulatory Risk Political and/or regulatory changes can be unpredictable and many pose risks to investments made in that country. Changes such as: international political developments, changes in government policies, taxation, restrictions on foreign investments and currency repatriation, currency fluctuations, and other developments in the legal, regulatory and political climate, may affect the value and marketability of an investment.

Redemption Risk Substantial redemptions from the fund could lead the Investment Manager having to liquidate positions more rapidly than would otherwise be desirable, which could adversely affect the trading performance and even cause the liquidation of the Fund. In these and other exceptional circumstances the Manager may impose restrictions on the redemption of Units. To protect investors, the Manager may impose restrictions on the redemption of Units in the Fund as a whole. In such situations, a Unitholder either may not receive its redemption proceeds until after the sale of sufficient investments to meet those redemption requests, or may not be permitted to redeem its Unitholding until one or more Dealing Days after the Dealing day to which its redemption request related, or may have its redemption request satisfied by the transfer to it of assets of the Fund in specie.

Reliance on the Investment Managers Risk Unitholders must rely on the ability of the Investment Managers to find trading and investment opportunities consistent with the Funds’ investment objectives. Unitholders do not participate in making investment decisions for the Fund. Therefore, potential investors should not purchase Units unless they are willing to permit the Investment Managers to make all investment decisions for the Fund. In this regard, Unitholders must rely on the Investment Manager’s services, the continued provision of which is subject to many factors, some of which are out of the Investment Manager’s control.

Remittance of Principal and Investment Income Risk The remittance of profits earned by foreign investors in certain countries and the repatriation of their investments are governed by relevant local regulations. Pursuant to these regulations, remittances of principal

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and investment income of the investments and any other amounts may be subject to the approvals of the respective foreign exchange control authorities. There is no certainty that such approvals may be obtained at all times.

Suspension of Dealing Risk In certain situations the Manager, may with the consent of the Trustee, temporarily suspend the determination of the Net Asset Value of underlying Fund. Any such suspension would result in the suspension of the issuing and redemption of the relevant underlying fund's Units to and from its Unitholders during such period of suspension.

Taxation Risk Where a Fund invests in assets that are not subject to withholding tax at the time of acquisition, there can be no assurance that tax may not be withheld in the future as a result of any change in applicable laws, treaties, rules or regulations or the interpretation thereof. The Fund may not be able to recover such withheld tax and so any change may have an adverse effect on the Net Asset Value of the Units. There may also be a detrimental impact on the Fund in circumstances where there has been a change in the relevant taxation legislation or practice, regarding a security in which an Investment Manager has invested, whereby an unforeseen tax liability may have to be borne by the Fund. There is also a risk of loss due to the unexpected application of a taxation law or regulation. The attention of potential investors is drawn to the taxation risks associated with investing in the Fund.

Equity Risk The value of equity and equity-related securities will be affected by economic, political, market, and issuer-specific changes. Such changes may adversely affect securities, regardless of company specific performance. Additionally, different industries, financial markets, and securities can react differently to these changes. Such fluctuations of the Fund’s value are often exacerbated in the short-term. The risk that one or more companies in a portfolio will fall, or fail to rise, can adversely affect the overall portfolio performance in any given period.

Risks associated with Overseas Investment

To the extent the assets of the scheme are invested in overseas financial assets, there may be risks associated with currency movements, restrictions on repatriation and transaction procedures in overseas market. Further, the repatriation of capital to India may also be hampered by changes in regulations or political circumstances as well as the application to it of other restrictions on investment. In addition, country risks would include events such as introduction of extraordinary exchange controls, economic deterioration, bi-lateral conflict leading to immobilisation of the overseas financial assets and the prevalent tax laws of the respective jurisdiction for execution of trades or otherwise.

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.

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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 interest rates move up and vice a versa. The effect is more prominent when the duration of the instrument is higher. Hence the NAV movement of 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:

This refers to inability of the issuer of the debt security to make timely payments of principal and / or interest due. It is reflected in the credit rating of the issuer. Hence if the credit rating of the issuer is downgraded, the price of the security will suffer a loss and the NAV will fall. Credit risk factors pertaining to lower rated securities also apply to lower rated zero coupon and deferred interest kind bonds. Lower rated zero coupon and 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, home loans or any such receipts. Credit risks relating to such receivables depend upon various factors, including macro-economic factors of these industries and economies. Specific factors like nature and adequacy of property mortgaged against these borrowings, nature of loan agreement / mortgage deed in case of home loans, adequacy of documentation in case of auto finance and home loans, capacity of a borrower to meet his 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.

Investment in illiquid securities results in higher current yield for the portfolio. Liquidity risk is a characteristic of the Indian fixed income market today. In addition, money market securities, while fairly liquid, lack a well-developed secondary market, which may restrict the selling ability of the 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 securitised debt, changes in

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market interest rates and pre- payments may not change the absolute amount of receivables for the investors but may have an impact on the re-investment of the periodic cash flows that an investor receives on securitised papers.

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 Schemes 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:

Lower rated or unrated securities are more likely to react to developments affecting the market and the credit risk than the highly rated securities which react primarily to movements in the general level of interest rates. Lower rated or unrated securities also tend to be more sensitive to economic 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. In the event of pre-payment of the underlying debt, investors may be exposed to changes in tenor and yield.

Risk Associated with Derivatives

The underlying fund, in the normal course of business, does not intend to use derivative instruments as a part of its active investment strategy. However, the investors should note the inherent risks associated with the use of derivatives by the underlying fund.

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) Credit Risk – this occurs when a counterparty defaults on a transaction before settlement and therefore, the Scheme is compelled to negotiate 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) Market Liquidity risk where the derivatives cannot be sold (unwound) at prices that reflect the underlying assets, rates and indices.

(c) Model Risk, the risk of mis–pricing or improper valuation of derivatives.

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.

Additional Risk Factors for Foreign Investors: 1. Political & Regulatory Risk Political and/or regulatory changes can be unpredictable and many pose risks to investments. Changes such as: international political developments, changes in government policies, taxation, restrictions on foreign investments and currency repatriation, currency fluctuations, and other developments in the legal, regulatory and political climate, may affect the value and marketability of an investment. 2. Foreign Currency Risk The Scheme is denominated in Indian Rupees (INR) which is different from the home currency of Foreign Investors. The INR value of investments when translated into home currency by Foreign Investors could be higher or lower because of the currency movements. The AMC does not manage currency risk for foreign investors and it is the sole responsibility of the Foreign Investors to manage or reduce currency risk on their own. The Sponsor/Fund/Trustees/AMC are not liable for any loss to Foreign Investors arising from such changes in exchange rates. 3. Convertibility and Transferability Risk In the event capital and exchange controls are imposed by the government authorities, it would prevent Foreign Investors’ ability to convert INR into home currency and/or transfer funds outside India. The convertibility and transferability of INR proceeds into home currency is the responsibility of the Foreign Investors.

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Risk Mitigation Measures

The scheme invests in units of PineBridge US Large Cap Research Enhanced Fund. The portfolio of the underlying fund is diversified across stocks at least 90% of which have assets, products or operations based in the United States or are included in the Russell 1000 Index. This diversification ensures liquidity, minimizes concentration risk in the portfolio and reduces currency risk to some extent.

The Fund applies a disciplined quantitative enhanced index approach, which seeks to mitigate various risks including but not limited to equity specific, total volatility and investment loss. This is mainly accomplished through the application of quantitative and bottom-up multi-factor stock selection and portfolio optimization. The combination of these two has helped to generate a controlled level of tracking error (alpha volatility mitigation), standard deviation (total return volatility mitigation) and consistent alpha generation with a low down market capture ratio (investment loss mitigation).

The Fund seeks to generate consistent, risk-controlled and measurable alpha by investing in a diversified portfolio of US large cap equities. Thus, country selection risk is naturally mitigated. When warranted, the Fund does reserve the right to invest in the equity of foreign entities any existing US stock exchange listed or depository receipt vehicles.

B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME

The Scheme shall have a minimum of 20 investors and no single investor shall account for more than 25% of the corpus of the Scheme(s). However, if such limit is breached during the NFO of the Scheme, the Fund will endeavour to ensure that within a period of three months or the end of the succeeding calendar quarter from the close of the NFO of the Scheme, whichever is earlier, the Scheme complies with these two conditions. In case the Scheme / Plan(s) does not have a minimum of 20 investors in the stipulated period, the provisions of Regulation 39(2)(c) of the SEBI (MF) Regulations would become applicable automatically without any reference from SEBI and accordingly the Scheme / Plan(s) shall be wound up and the units would be redeemed at applicable NAV. The two conditions mentioned above shall also be complied within each subsequent calendar quarter thereafter, on an average basis, as specified by SEBI. If there is a breach of the 25% limit by any investor over the quarter, a rebalancing period of one month would be allowed and thereafter the investor who is in breach of the rule shall be given 15 days notice to redeem his exposure over the 25 % limit. Failure on the part of the said investor to redeem his exposure over the 25 % limit within the aforesaid 15 days would lead to automatic redemption by the Mutual Fund on the applicable Net Asset Value on the 15th day of the 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 the Scheme, and to retain this Scheme Information Document for future reference.

2. Any tax liability arising post redemption on account of change in the tax treatment with respect to dividend distribution tax, by the tax authorities, shall be solely borne by the investor and not by the AMC, the Trustees or the Mutual Fund.

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� 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 investment in the Scheme and before making decision to invest in the Scheme or redeem the Units in the Scheme.

3. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond

the initial contribution of an amount of `1,00,000/- (Rupees One Lakh) collectively made by it towards

setting up the Fund or such other accretions and additions to the initial corpus set up by the Sponsor.

4. Neither this SID nor the Units have been registered in any jurisdiction. The distribution of this SID in certain jurisdictions may be restricted or totally prohibited and accordingly, persons who come into possession of this SID are required to inform themselves about, and to observe, any such restrictions. No person receiving a copy of this SID or any accompanying application form in such jurisdiction may treat this SID or such application form as constituting an invitation to them to subscribe for Units, nor should they in any event use any such application form, unless in the relevant jurisdiction such an invitation could lawfully be made to them and such application form could lawfully be used without compliance of any registration or other legal requirements.

5. Prospective investors should review / study this SID carefully and in its entirety and shall not construe the contents hereof or regard the summaries contained herein as advice relating to legal, taxation, or financial / investment matters and are advised to consult their own professional advisor(s) as to the legal, tax, financial or any other requirements or restrictions relating to the subscription, gifting, acquisition, holding, disposal (by way of sale, switch or Redemption or conversion into money) of Units and to the treatment of income (if any), capitalisation, capital gains, any distribution, and other tax consequences relevant to their subscription, acquisition, holding, capitalisation, disposal (by way of sale, transfer, switch or conversion into money) of Units within their jurisdiction of nationality, residence, incorporation, domicile etc. or under the laws of any jurisdiction to which they or any managed funds to be used to Purchase / gift Units are subject and also to determine possible legal, tax, financial or other consequences of subscribing / gifting, purchasing or holding Units before making an application for Units.

6. PineBridge Mutual Fund / the AMC have not authorised any person to give any information or make any representations, either oral or written, not stated in this SID in connection with issue of Units under the Scheme. Prospective investors are advised not to rely upon any information or representations not incorporated in this SID as the same have not been authorised by the Fund or the AMC. Any subscription, Purchase or sale made by any person on the basis of statements or representations which are not contained in this SID or which are inconsistent with the information contained herein shall be solely at the risk of the investor.

7. From time to time and subject to the Regulations, funds managed by the affiliates / associates of the Sponsor may invest either directly or indirectly in the Scheme. The funds managed by these affiliates/associates may acquire a substantial portion of the Scheme’s Units and collectively constitute a major investment in the Scheme. Accordingly, Redemption of Units held by such funds may have an adverse impact on the value of the Units of the Scheme because of the timing of any such Redemption and may affect the ability of other Unit Holders to redeem their respective Units.

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8. As the liquidity of the Scheme’s investments may sometimes be restricted by trading volumes, settlement periods and transfer procedures, the time taken by the Scheme for Redemption of Units may be significant in the event of an inordinately large number of Redemption requests or of a restructuring of the Scheme’s portfolio. In view of this, the Trustee has the right, in its sole discretion, to limit redemptions (including suspend redemptions) under certain circumstances - please refer to the paragraph “Right to Limit Redemptions” in SAI.

9. Investor Protection:

The Scheme has been designed to support longer-term investment and active trading is discouraged. Short term or excessive trading into and out of the Scheme may affect its performance by disrupting portfolio management strategies and by increasing expenses. The Fund and the distributors may refuse to accept applications for Purchase, especially where transactions are deemed disruptive, particularly from market timers or investors who, in their opinion, have a pattern of short term or excessive trading or whose trading has been or may be disruptive for the Scheme. If in the opinion of the AMC, a Unit Holder is indulging in short term or excessive trading as above, it shall, under powers delegated by the Trustee, have absolute discretion to reject any application, prevent further transaction by the Unit Holder or redeem the Units held by the Unit Holder at any time prior to the expiry of 30 Business Days from the date of the application.

10. Prevention of Money Laundering

In terms of the Prevention of Money Laundering Act, 2002, the Rules issued there under and the guidelines/ circulars issued by SEBI regarding the Anti Money Laundering (AML Laws), all intermediaries, including Mutual Funds are required to formulate and implement a Client Identification Programme, and to verify and maintain the record of identity and address(es) of investors.

The AMC has tied up with various KRAs who act as record keeping agencies and share the documents with all the SEBI registered intermediaries.

As a token of having verified the identity and address and for efficient retrieval of records, the Central Agency will issue a KYC compliance letter to each investor who submits an application and the prescribed documents to the Central Agency.

KYC formalities under the PMLA and the related guidelines issued by SEBI must be completed by all investors intending to invest in units of mutual funds. Please refer to the paragraph titled “How to Apply” for the process to complete KYC formalities.

On performing the due diligence, if the AMC has reason to believe that there is any failure on the part of the investor to provide required documentation, information, etc., the AMC shall have absolute discretion to freeze the folios / accounts of the investor(s), reject any application(s) for allotment of Units and / or effect mandatory redemption of investments of the investor(s) at the applicable NAV subject to payment of applicable exit load.

The AMC shall also undertake scrutiny of all transactions of investors. If the AMC has any reason to believe that any transaction is suspicious in nature as regards money laundering, the AMC shall have absolute discretion to report such transactions as suspicious to FIU - IND and / or to any regulatory authority. The AMC is also obliged to act in a manner as directed by such an authority. This may result in providing all such additional information as required by the authority and could also include freezing

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the folios of the investor(s), and effect mandatory redemption of investments of the investor(s) at the applicable NAV subject to payment of applicable exit load.

11. Other activities of the Company:

Ms. Nisha Jain and Mr. Gopi Krishna K have been appointed as dedicated Investment Advisors to provide non-binding investment / sub-investment advisory services with effect from February 27, 2012 and April 23, 2012 respectively.

The AMC ensures absence of conflict of interest across the different activities carried on by it.

In order to share investment research while ensuring synergies and leveraging the experience of research and know-how, the AMC has constituted a common knowledge pool of investment research personnel comprising investment analysts, fund managers and other investment team members along with dedicated Investment Advisor(s) who do research activity while providing non-binding offshore investment / sub-investment advisory services.

D. DEFINITIONS

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

Applicable NAV

NAV applied for applications for Purchases /Redemptions/ Switches, accepted during the Ongoing Offer Period at the Designated Collection Centres of the Fund on a Business Day based on the cut-off time and fulfillment of other relevant conditions pertaining to the Scheme.

Application Form / Key Information Memorandum

A form to be used by an investor to open a new folio and/ or Transact in the Units of the Scheme.

Application Supported by Blocked Amount

ASBA is an application containing an authorization by the investor to a Self Certified Syndicate Bank (SCSB) to block the application money in the bank account maintained with the SCSB, for subscribing to a New Fund Offer.

Asset Management Company / AMC / Investment Manager

PineBridge Investments Asset Management Company (India) Private Limited, an asset management company set up under the Companies Act 1956, having its registered office at 203, 2nd Floor, Peninsula Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013 and authorised by SEBI to act as the Asset Management Company / Investment Manager to the schemes of the PineBridge Mutual Fund.

Book Closure The time during which the Asset Management Company would temporarily suspend sale, redemption and switching of Units.

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

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applications and those in Demat form.

Business Day A day not being:

(1) A Saturday or Sunday;

(2) A day when PineBridge US Large Cap Research Enhanced Equity Fund is

closed for subscription/redemption;

(4) A day on which Purchase and Redemption of Units is suspended or a book

closure period is announced by the Trustee / AMC;

(5) A day on which normal business cannot be transacted due to storms, floods, bandhs, strikes or such other events as the AMC may specify from

time to time;

(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.

Provided that the days when the banks in any location where the AMC’s Investor Service Centres are located are closed due to a local holiday, such days will be treated as non Business Days at such centres. However, if the Investor Service Centre in such locations is open on such local holidays, then redemption and switch requests will be accepted at those centres, provided it is a Business Day for the Scheme on an overall basis. Notwithstanding the above, the AMC reserves the right to change the definition of Business Day and to declare any day as a Business Day or otherwise at any or all ISCs.

Collection Bank(s) The bank(s) with which the AMC has entered into/may enter into an agreement, from time to time, to enable investors to deposit their applications for Units during the NFO.

Contingent Deferred Sales Charge

A charge to the Unit Holder upon exiting (by way of Redemption/Switch-out) based on the period of holding of Units. The Regulations provide that a CDSC may be charged only for a no-Load Scheme and only for the first four years after the Purchase and caps the percentage of NAV that can be charged in each year.

Continuous Offer/Ongoing Offer

Offer of Units when the Scheme becomes available for subscription, after the closure of the New Fund Offer.

Consolidated Account Statement / CAS

An account statement containing details relating to: (a) all the transactions (which includes purchase, redemption, switch, dividend payout, dividend reinvestment, systematic investment plan, systematic withdrawal plan, systematic transfer plan and bonus transactions) carried out by the investor across all schemes of all SEBI Registered Mutual Funds in India during a specified period; (b) holding at the end of the specified period; and (c) transaction charges, if any, deducted from the investment amount to be paid to the distributor.

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Custodian Citibank, N.A., Mumbai registered under the SEBI (Custodian of Securities) Regulations, 1996, or any other custodian who is approved by the Trustee.

Cut-off time

Cut-off timing, in relation to an investor making an application to a mutual fund for purchase or sale of 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 A depository as defined in the Depositories Act, 1996 and includes National Securities Depository Limited and Central Depository Services Limited.

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

Designated Collection Centers / Official Points of

Acceptance

During New Fund Offer – Branches of Collection Bank(s) and such other collection centers as designated by the AMC where the applications shall be

received.

During Ongoing Offer – AMC, ISCs, Branches of Collection Bank(s) and such other collection centers as designated by the AMC where the applications

shall be received.

The names and addresses of the Designated Collection Centers are mentioned

in the Application Form.

Entry Load A Load charged to an investor on Purchase/Switch-in of Units based on the amount of investment or any other criteria decided by the AMC.

Exit Load A Load (other than CDSC) charged to the Unit Holder on exiting (by way of Redemption/Switch-out) based on period of holding or any other criteria decided by the AMC.

First Time Mutual Fund Investor

An investor who invests for the first time in mutual fund either by way of Purchase / Subscription or Systematic Investment Plan.

Foreign Institutional Investors

An entity registered with SEBI under the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995 as amended from time to time.

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

Fund / Mutual Fund

PineBridge Mutual Fund, a Trust registered with SEBI under the Regulations, vide Registration No. MF/054/07/02 dated November 9, 2012.

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Investment Management Agreement

The Investment Management Agreement dated December 15, 2006 executed by and between the Trustee Company and the AMC as amended by the First Amendment to the Investment Management Agreement dated November 28, 2012 executed between the Trustee Company and the AMC.

Investor Service Centre (ISC)

Official points of acceptance of transactions / service requests from investors and will mean such centres as designated by the AMC from time to time.

Listing Listing means admission of securities / units of an issuer/ investor to trading privileges on a stock exchange through a formal agreement. The prime objective of admission to dealings on the Exchange is to provide liquidity and marketability to securities, as also to provide a mechanism for effective management of trading.

Mutual Fund Service System (MFSS)

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

Micro SIP / Investments Investments in mutual fund schemes (including through SIPs) upto ` 50,000/-

per year per investor i.e. aggregate of installments (SIP plus lumpsum investments) in a rolling 12 month period or in a financial year shall be referred to as ‘Micro SIP / Investments’.

Net Asset Value

Net Asset Value of the Units of the Scheme (including options thereunder) calculated in the manner provided in this Scheme Information Document or as may be prescribed by the Regulations from time to time.

New Fund Offer The offer for Purchase of Units at the inception of the Scheme, available to the investors during the NFO Period.

New Fund Offer Period / NFO Period

The period being November 29, 2013 to December 13, 2013 subject to extension, if any.

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 Proprietary Concern in India) Regulations, 2000.

NSE National Stock Exchange of India operates on an electronic market that allows trades to be made on its automated system. The exchange was established in 1992 and has grown to be the country’s largest securities exchange

Ongoing Offer Offer of Units under the Scheme when it becomes open ended after the closure of the New Fund Offer Period.

Ongoing Offer Period The period during which the Ongoing Offer for subscription to the Units of the Scheme is made.

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Overseas Citizen of India (“OCI”)

OCI means a person registered as an overseas citizen of India by the Central Government under section 7A of 'The Citizenship Act, 1955'. The Central Government may register as an OCI a foreign national (except a person who is or had been a citizen of Pakistan or Bangladesh or such other person as may be specified by Central Government by notification in the Official Gazette), who was eligible to become a citizen of India on 26.01.1950 or was a citizen of India on or at any time after 26.01.1950 or belonged to a territory that became part of India after 15.08.1947 and his/her children and grand children (including Minor children), provided his/her country of citizenship allows dual citizenship in some form or other under the local laws.

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 a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955); or (c) the person is a spouse of an Indian citizen or a person referred to in sub-clause (a) or (b).

PineBridge US Large Cap Research Enhanced Fund

PineBridge US Large Cap Research Enhanced Fund is a sub-fund of an open-ended umbrella unit trust established and authorised in Ireland as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2003 (S.I. No. 211 of 2003), as amended.

Plan / Plans The plans under the Scheme collectively referred to as “the Plans” and individually, as the context permits, as “a Plan” (including the options thereunder).

Purchase / Subscription Purchase of / Subscription to Units by an investor from the Fund. Purchases include fresh purchase, subsequent / additional purchase, switch-in, SIP, Micro SIP & STP (in).

Purchase Price The price (being Applicable NAV) at which the Units can be purchased and calculated in the manner provided in this Scheme Information Document.

Qualified Foreign Investor Qualified Foreign Investor (QFI) shall mean a person who fulfils the following criteria:

(i) Resident in a country that is a member of Financial Action Task Force (FATF) or a member of a group which is a member of FATF; and

(ii) Resident in a country that is a signatory to IOSCO’s MMOU (Appendix A Signatories) or a signatory of a bilateral MOU with SEBI: Provided that the person is not resident in a country listed in the public statements issued by FATF from time to time on-(i) jurisdictions having a strategic Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) deficiencies to which counter measures apply, (ii) jurisdictions that have

21

not made sufficient progress in addressing the deficiencies or have not committed to an action plan developed with the FATF to address the deficiencies:

Provided further such person is not resident in India: Provided further that such person is not registered with SEBI as Foreign Institutional Investor or Sub-account or Foreign Venture Capital Investor.

Explanation.-For the purposes of this clause:

(1) The term “Person” shall carry the same meaning under section 2(31) of the Income Tax Act, 1961;

(2) The phrase “resident in India” shall carry the same meaning as in the Income Tax Act, 1961;

(3) “Resident” in a country, other than India, shall mean resident as per the direct tax laws of that country.

(4) “Bilateral MoU with SEBI” shall mean a bilateral MoU between SEBI and the overseas regulator that inter alia provides for information sharing arrangements. (5) Member of FATF shall not mean an Associate member of FATF.

Redemption / Repurchase Repurchase of Units by the Fund from a Unit Holder. Repurchases include redemption, switch-out & SWP.

Redemption Price The price (being Applicable NAV minus Exit Load / CDSC, if any) at which the Units can be redeemed and calculated in the manner provided in this Scheme Information Document.

Registrar Computer Age Management Services Private Limited (“CAMS”), appointed as the registrar and transfer agent for the Scheme, or any other registrar that may be appointed by the AMC.

Repo/ reverse Repo Sale/ Purchase of securities with a simultaneous agreement to repurchase/ sell them at a later date.

Scheme / Scheme(s) PineBridge India - US Equity Fund is the name of the scheme.

Scheme Information Document

This document issued by PineBridge Mutual Fund offering Units of PineBridge India - US Equity Fund 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.

SEBI Regulations / Regulations

Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 as amended from time to time, including by way of circulars or notifications issued by SEBI and the Government of India.

Self Certified Syndicate Banks

Self Certified Syndicate Bank or SCSB is a Bank registered under SEBI (Bankers to an Issue) Regulations, 1994 which offers the service of making Applications Supported by Blocked Amount and is recognized as such by

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SEBI. SCSB are official collection centers for ASBA applications during NFOs.

The list of banks that have been notified by SEBI to act as a SCSB for the ASBA process as provided on SEBI’s website www.sebi.gov.in, website of BSE at www.bseindia.com and website of NSE at www.nseindia.com

Sponsor PineBridge Investments Japan Co., Ltd.

Statement of Additional Information

The Statement of Additional Information (SAI) contains details of PineBridge 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 Securities Contracts (Regulation) Act,1956 (42 of 1956).

Switch Sale of a unit in one Scheme/ Plan/ Option against purchase of a unit in another Scheme/ Plan/ Option.

Systematic Investment Plan A plan enabling investors to save and invest in the Scheme on a weekly (all four dates) / monthly or quarterly basis by submitting post-dated cheques/payment instructions.

Systematic Transfer Plan A plan enabling Unit Holders to transfer sums on a weekly (all four dates) / fortnightly / monthly basis from a Scheme to other schemes launched by the Fund from time to time by giving a single instruction.

Systematic Withdrawal Plan A plan enabling Unit Holders to withdraw amounts from the Scheme on a monthly or quarterly basis by giving a single instruction.

Transaction Charge(s) A charge that would be deducted from the subscription money received from an investor, investing through a distributor who has exercised the option to levy such charge.

Transaction Slip

A form meant to be used by existing Unit Holders seeking additional Purchase or Redemption of Units in the Scheme, change in bank account details, switch-in or switch-out and such other facilities offered by the AMC as mentioned in Transaction Slips.

Trustee / Trustee Company PineBridge Investments Trustee Company (India) Private Limited, a company set up under the Companies Act 1956, to act as the Trustee to PineBridge Mutual Fund.

Trust Deed The Trust Deed dated December 15, 2006 executed by and between AIG Capital Corporation and the Trustee Company establishing the Mutual Fund, as amended by a Deed of Novation dated October 5, 2012 executed between AIG Capital Corporation, the Trustee Company and the Sponsor

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Trust Fund Amounts settled / contributed by the Sponsor towards the corpus of PineBridge Mutual Fund and additions / accretions thereto.

Underlying Scheme(s) PineBridge US Large Cap Research Enhanced Fund incorporated pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2003 (S.I. No. 211 of 2003), as amended.

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

Unit Holder A person holding Units of the Scheme of PineBridge Mutual Fund offered under this Scheme Information Document.

Valuation Day Business Day

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ABBREVIATIONS

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

ADR American Depository Receipt

AMC Asset Management Company

AMFI Association of Mutual Funds in India

AOP Association of Persons

ASBA Application Supported by Blocked Amount

BOI Body of Individuals

BSE The Bombay Stock Exchange Limited

BSE StAR MF Bombay Stock Exchange Platform for Allotment and Redemption of Mutual Fund Unit

CBLO Collateralised Borrowing and Lending Obligation

CDSC Contingent Deferred Sales Charge

CDSL Central Depository Services (India) Limited

ECS Electronic Clearing System

EFT Electronic Funds Transfer

ETF Exchange Traded Fund

FII Foreign Institutional Investor

FOF Fund of Funds

GDR Global Depository Receipt

HUF Hindu Undivided Family

IDR International Depositary Receipts

IMA Investment Management Agreement

IPV In Person Verification

ISC Investor Service Centre

KIM Key Information Memorandum

KYC Know Your Customer

MFSS Mutual Fund Service System

NAV Net Asset Value

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NEFT National Electronic Funds Transfer

NFO New Fund Offer

NRI Non-Resident Indian

NSDL National Securities Depository Limited.

NSE National Stock Exchange of India Limited

OCI Overseas Citizen of India

PIO Persons of Indian Origin

POA Power of Attorney

QFI Qualified Foreign Investor

RBI Reserve Bank of India

RTGS Real Time Gross Settlement

SAI Statement of Additional Information

SCSB Self Certified Syndicate Bank

SEBI Securities and Exchange Board of India established under the SEBI Act, 1992

SEBI Act Securities and Exchange Board of India Act, 1992

SI Standing Instructions

SID Scheme Information Document

SIP Systematic Investment Plan

STP Systematic Transfer Plan

SWP Systematic Withdrawal Plan

INTERPRETATION For all purposes of this Scheme Information Document, except as otherwise expressly provided or unless

the context otherwise requires:

� The terms defined in this Scheme Information Document include the plural as well as the singular.

� Pronouns having a masculine or feminine gender shall be deemed to include the other.

� All references to “US$” refer to United States Dollars, “JPY” refer to Japanese Yen and “`” refer to

Indian Rupees. A “Crore” means “ten million” and a “Lakh” means a “hundred thousand”.

� References to times of day (i.e. a.m. or p.m.) are to Mumbai (India) times and references to a day are to a Calendar day including non Business Day.

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E. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY

It is confirmed that:

(i) the draft Scheme Information Document forwarded to SEBI is in accordance with the SEBI (Mutual Funds) Regulations, 1996 and the guidelines 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 PineBridge Investments Asset Management Company (India) Private Limited

Signature: Sd/-

Date: May 8, 2013 Name: Rohit Gupte Place: Mumbai Designation: Head - Compliance, Risk Management & Company Secretary

Note: The Due Diligence Certificate as stated above was submitted to Securities and Exchange Board of India.

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SECTION III – INFORMATION ABOUT THE SCHEME

A. TYPE OF THE SCHEME

An Open Ended Fund of Funds Scheme investing Overseas.

B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME?

The primary investment objective of the scheme is to provide long term capital appreciation by investing in units of fund that invest predominantly in equity and equity-related securities of companies having assets, products or operations in the United States.


C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS?

Under normal circumstances, it is anticipated that the asset allocation shall be as follows:

Instrument Indicative allocation

(% of total assets)

Risk Profile

Minimum Maximum High/Medium/Low

Units of PineBridge US Large Cap Research Enhanced Fund &/or other similar overseas mutual fund scheme(s)*

95% 100% High

Debt and money market securities and/or units of debt/liquid schemes of PineBridge Mutual Fund or other Mutual Funds.

0% 5% Low to Medium

*similar overseas Mutual Fund schemes shall mean those schemes that have an investment objective, investment strategy & risk profile/ consideration similar to PineBridge US Large Cap Research Enhanced Fund.

The investment manager may, in line with the investment objectives of the Scheme, alter the above pattern

for a short term period on defensive considerations, the intention at all times being to protect the interests of the Unit Holders. In case of any deviation from the normal asset allocation pattern, the scheme shall rebalance the same to bring it in line with the normal asset allocation within a period of 30 business days.

The scheme will not invest in derivatives, securitised debts or unrated instruments. However, the underlying fund may invest in derivatives or unlisted securities as permitted vide SEBI

circular SEBI/IMD/CIR No7/104753/07 dated September 26, 2007 for overseas investments by mutual funds.

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

28

(RBI) for trading in government securities, straight through settlement system for the same, settlements guaranteed by the Clearing Corporation of India, instruments like CBLO, introduction of term repo by the RBI, settlement of corporate bonds, certificate of deposits (CDs), commercial papers (CPs) through clearing corporations have contributed not only in deepening the fixed income market, but also increasing the confidence level of the market participants. Initiatives like eligibility of repo in corporate bonds are likely to aid in the development of the corporate bond market. Corporate bonds are traded in dematerialized form and institutional investors’ preference for listed instruments has resulted in most of the bonds getting listed. This has improved the disclosure standards by the issuers. Furthermore, with the introduction of credit default swaps (CDS), it is now possible to transfer and manage credit risk effectively.

Government (Central and State) is the largest issuer of debt in the market. Public sector enterprises, quasi government bodies and private sector companies are other issuers. Banks, insurance companies, mutual funds, provident funds, financial institutions, corporates and FIIs are major investors in the market. FIIs can invest in government securities and corporate debt subject to applicable limits. Variety of instruments available for investments include plain vanilla bonds, floating rate bonds, bonds with call and put options, money market instruments, structured obligations, perpetual bonds, inflation indexed sovereign bonds etc. The securities available are listed or unlisted, secured or unsecured, public issue or private placements. Interest rate derivatives like overnight index swap (OIS) and interest rate futures (IRFs) make it possible to manage the interest rate risk. Recent proposal to create a centralized database for corporate bonds/debentures for public dissemination would help the investors to take a uniformed decision and pave the way for broadening and creating a vibrant and transparent corporate bond market.

The RBI reviews the monetary policy eight times a year giving guidance to the market on direction of interest rate movement, liquidity and credit expansion. The RBI has been operating as an independent authority, formulating the policies to maintain price stability and adequate liquidity. Credit rating agencies have been

playing an important role in the market and are an important source of information to manage the credit risk.

The indicative / current yields, as on October 24, 2013, on various securities are as under:

Issuer Instrument Maturity Yields (%) – Range GOI T-Bill 91 Days 8.75-8.82 GOI T-Bill 364 Days 8.55-6.62 GOI Short Dated 1-3 Years 8.35-8.60 GOI Medium Dated 3-5 Years 8.50-8.58 Corporate Debt AAA 1-3 Years 9.40-9.75 Corporate Debt AAA 3-5 Years 9.25-9.65 Corporate Debt AA 1-3 Years 9.80-10.40 Corporate Debt AA 3-5 Years 10.25-10.57 Corporate Debt CPs 3 months 9.20-9.65 Corporate Debt CPs 1 Year 9.45-10.00 Banks CDs 3 months 8.95- 9.03 Banks CDs 1 Year 9.00-9.10

The data is based on the market conditions as on October 24, 2013 and may vary substantially depending upon

the factors and forces affecting the securities market including the fluctuations in the interest rates.

29

D. WHERE WILL THE SCHEME INVEST?

The Scheme may invest in Units/Securities issued by overseas Mutual Funds or Unit Trusts registered with overseas regulator and investing in securities as may be permissible and described in SEBI Circular Reference No. SEBI/IMD/CIR NO. 7/104753/07 dated September 26, 2007 as may be amended from time to time, within the overall applicable limits.

At present, the scheme will predominantly invest in units of PineBridge US Large Cap Research Enhanced Fund (underlying fund), a sub-fund of an open-ended umbrella unit trust established and authorised in Ireland as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2003 (S.I. No. 211 of 2003), as amended. The scheme may, at the discretion of the investment manager, may also invest in units of other similar overseas mutual fund schemes.

The underlying fund will have its investments predominantly in equity or equity related securities of companies having assets, products or operations in the United States.

Within the asset allocation, the underlying fund will invest only in US Large Cap stocks (Russell1000 and / or S&P 500).

Assets mean and include value producing resources, tangible or intangible, that are under the ownership and control of the issuing company.

Products include services and mean anything that the issuing company can exchange with an individual or group of counterparties for compensation that can be recognized as revenue. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes managed by the AMC or in the above mentioned schemes of any other Mutual Funds, in order to meet liquidity requirements from time to time provided it is in conformity to the investment objectives of the Scheme and in terms of the prevailing Regulations. In case the scheme decides to invest in units of debt/

liquid schemes no investment management fees will be charged for such investments.

Since the underlying scheme invests in companies listed on US stock exchanges, it is not expected that the underlying scheme shall have any exposure to Indian equities other than ADRs / GDRs / IDRs which are

listed on US stock exchanges The scheme shall not have any exposure to Indian equities through P-Notes.

The cumulative exposure through units/ shares of overseas mutual fund, debt securities, money market

instruments and units of debt/ liquid funds shall not exceed 100% of the net assets of the scheme.

Overview of PineBridge US Large Cap Research Enhanced Fund

Basis/ Reasons for selecting the underlying scheme –

- The Fund applies a disciplined quantitative enhanced index approach, which seeks to mitigate various risks including but not limited to equity specific, total volatility and investment loss.

- Long term track record of the fund since 2005 - Managed by our in-house US equity team

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Brief about the Underlying Fund and Country of Registration – The Underlying Fund is an open-ended umbrella unit trust established and authorised in Ireland as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011). The Fund is domiciled in the country of Ireland.

Date of Inception – August 25, 2005.

Investment Objective –

The investment objective of the underlying Fund is to attain long term growth of capital by means of a diversified portfolio through investment in equity and equity-related securities of companies, at least 90% of which have assets, products or operations based in the United States or are included in the Russell 1000 Index. Up to 10% of the value of the underlying Fund may be invested in other companies which have a US Stock Exchange listing. The Russell 1000 Index is constructed by the Russell Investment Group to provide a comprehensive and unbiased barometer for the large-cap segment of the US equity universe and is completely reconstituted annually to ensure new and growing equities are reflected. Asset Allocation – At least two-thirds of the underlying Fund’s total assets will be invested in equities and equity-related securities (excluding convertibles and bonds with warrants attached) of issuers included in the Russell 1000 Index domiciled in or exercising the predominant part of their commercial activities in the United States. Within the remaining one-third, the underlying may invest in transferable securities not meeting the above requirements. Within the asset allocation, the underlying fund will invest only in US Large Cap stocks ( Russell1000 and / or S& P500). Portfolio selection will adhere to an optimization process that favours stocks ranked highly through the Investment Manager’s growth categorization process and then configures those into a portfolio in a manner to very tightly control the portfolio’s tracking error to the Standard & Poor's 500 Index. Country/ region wise exposure – The fund will invest in equity / equity related securities of companies, at least 90% of which have assets, products or operations based in the United States or are included in the Russell 1000 Index and the remaining up to 10% of the value may be invested in other companies which have a US Stock Exchange listing. Thus, it is anticipated that the scheme will have its entire exposure in companies in the US. Risk Profile / Control – As the underlying Fund invests in equity and equity related securities, the risk profile of the scheme will be categorized as “High Risk”.

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Some risk controls adopted by the underlying scheme are as under:

1. Equity, Market Volatility, Investment Loss, Country Selection

a. The underlying Fund applies a disciplined quantitative enhanced index approach, which seeks to mitigate various risks including but not limited to equity specific, total volatility and investment loss. This is mainly accomplished through the application of quantitative and bottom-up multi-factor stock selection and portfolio optimization. The combination of these two has helped to generate a controlled level of tracking error (alpha volatility mitigation), standard deviation (total return volatility mitigation) and consistent alpha generation with a low down market capture ratio (investment loss mitigation).

b. The Fund seeks to generate consistent, risk-controlled and measurable alpha by investing in a

diversified portfolio of US large cap equities. Thus, country selection risk is naturally mitigated. When warranted, the Fund does reserve the right to invest in the equity of foreign entities any existing US stock exchange listed or depository receipt vehicles.

Category of Eligible Investors – The Fund is suitable for investors who wish to participate in US equity markets. The Fund may be most appropriate for investors with a medium to long-term investment horizon, as losses may occur due to market fluctuations. Performance (%) of the underlying scheme- The scheme proposes to invest in C share class which is a newly opened share class and it does not have any performance track record. However, performance of Y share class as on 30 September 2013has been provided in the table below for information of the investors. Investors are hereby informed that the portfolio of underlying Fund (i.e. C share class and Y share class along with any other share class - which shall be opened in the future) will be the same and the difference in NAV will only be to the extent of the expense ratios of these classes. Particulars PineBridge US Large Cap Research

Enhanced Fund Standard & Poor’s 500 Total Return Net

CAGR CAGR Last 1 year 21.5 18.5 Last 3 years 17.9 15.5 Last 5 years 11.0 9.3 Since Inception (Date of inception – August 25, 2005)

7.0 5.7

Source: Bloomberg CAGR – Compounded Annualised Growth Rate Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Expense Ratio of underlying Fund– The underlying scheme will have a total expense ratio of 1.00% of daily net assets. However, this is subject to change at the discretion of the underlying fund.

32

Investors should note that the overall expense ratio including the expense ratio of the underlying fund shall not exceed the SEBI specified limit from time to time. Top 10 Holdings –

% to Net Assets

Google Inc 2.4

Berkshire Hathaway Inc 2.3

Pfizer Inc 2.2

SPDR S&P 500 2.2

IBM 2.2

Apple Inc 2.2

JP Morgan Chase & Co 2.1

AT&T Inc 2.1

Comcast Corp New 1.8

Wal-mart Stores Inc 1.8

Total 21.3

As on September 30, 2013 Benchmark Standard & Poor's 500 Total Return Net. Where will the scheme invest – The Sub-Fund may, within the limits laid down by the Central Bank of Ireland and the underlying Fund’s investment guidelines invest in the following types of investments equity and equity-related securities including but not limited to common stock, preferred stock and

securities which are convertible into or exchangeable for such equity securities, or which carry warrants to purchase such equity securities;

equity index- and equity-related instruments including but not limited to, share index notes and

participatory receipts / participatory certificates; ADRs / IDRs / GDRs;

invest up to 10% of its Net Asset Value in regulated collective investment schemes, including relevant

REITs, where the investment objectives and policies of these schemes are consistent with that of the

33

underlying Fund and such schemes meet the criteria set out in Guidance Note 2/03 by the Central Bank of Ireland;

hold cash and / or ancillary liquid assets and invest in Money Market Instruments which are rated

investment grade by an international rating agency; hold deposits with credit institutions;

engage in forward foreign exchange contracts for hedging purposes, to alter the currency exposure of the

underlying assets and may also hedge currency exchange risk by using Financial Derivatives Instruments.

Within the asset allocation, the underlying fund will invest only in US Large Cap stocks (Russell1000 and / or S&P500).

Investment Process of the Underlying Fund –

The Strategy is an adaptive, quantitative implementation of PineBridge’s well-regarded fundamental equity investment philosophy and process that is based on a dynamic life cycle categorization framework, in which each investable company is analyzed against criteria specific to one of four broad categories that best reflects its stage of growth. As our stock categorization is dynamic and can change, our model can capture market environment and regime changes, along with large fundamental shifts. Therefore, our model is adaptive and less likely to be rendered obsolete.

The Strategy is grounded by our firm’s equity investment philosophy, which has two key tenets. The first tenet is that growth and value investing will both enjoy periods where one or the other is in favor; we do not believe that one style will dominate the returns of the other over time. We believe that attractive investments can be found over the continuum of growth through value, yet to do so requires different investment criteria as companies evolve from early stage growth through maturity.

The second tenet is that the most effective way to invest in equities is to categorize stocks according to where they reside in their respective company life cycles, then to let the categorization drive how the company is analyzed for investment attractiveness. We divide our investment universe into four main categories on this basis: Exceptional Growth, High Stable Growth, High Cyclical Growth and Mature Companies.

The investment process An overview of our investment process has been provided in the following chart.

InvestmentUniverse

DynamicCategorization

Rank(1 – 5)

Portfolio Management

S&P 500 + Russell 1000 Indexes

Apply targeted investment criteria to rank the stocks in each Life Cycle category

1 2 3 4

Use optimizer to produce buy and sell lists while adhering to risk controls

Assign each company in the universe to a distinct Life Cycle category

Trade Execution& PortfolioMonitoring

Portfolio manager checks liquidity, corporate actions and monitors portfolio

5

US Research Enhanced

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• 1% Tracking Error (150 – 300 stocks)

• 2% Tracking Error (100-200 stocks)

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34

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36

been translated into measurable, quantitative factors. The number of component factors utilized (approximately 10 in each category) is a differentiating factor in our quantitative process. Utilizing an optimal number of equally weighted factors reduces the potential for outsized reliance on one or two factors and the potential for obsolescence in the quantitative model.

PORTFOLIO CONSTRUCTION/OPTIMIZATION All of the stocks in the universe are fed into the Barra Optimizer, along with the corresponding rankings for each stock. The Optimizer overweights the higher ranked stocks (“1” and “2” rated) and underweights the lower ranked stocks (“4” and “5” rated), while adhering to the targeted tracking error, turnover, sector and stock constraints. The portfolio is rebalanced once per month with a turnover limit of 8-12% per month. Before acting on the Optimizer generated trade list, the portfolio manager reviews the list to assure that all of the prescribed stocks have sufficient liquidity and that recent corporate actions, if any, have been accounted for in the alpha ranking and optimization. This involves checking the trade list to see if there is any recently released information that was not known at the prior close when the ranking was performed.

Our Strategy is a quantitative application of our fundamental process. Our quantitative model starts by categorizing every company into one of four broad categories. As our stock categorization is dynamic and can change, our model can capture market environment and regime changes, along with large fundamental shifts. Therefore our model is less likely to be rendered obsolete and is “adaptive”.

E. WHAT ARE THE INVESTMENT STRATEGIES?

The primary investment objective of the scheme is to provide long term capital appreciation by investing in units of fund that invest predominantly in equity and equity-related securities of companies having assets, products or operations in the United States. The scheme currently has chosen to invest predominantly in units of PineBridge US Large Cap Research Enhanced Fund (underlying fund). However, the scheme at the discretion of the investment manager, at any time in future, may also invest in the units of other similar overseas mutual fund schemes. Similar overseas Mutual Fund schemes shall mean those schemes that have an investment objective, investment strategy & risk profile/ consideration similar to PineBridge US Large Cap Research Enhanced Fund.

The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, in order to meet liquidity requirements from time to time.

The investment objective of the underlying fund is to attain long term growth of capital by means of a diversified portfolio through investment in equity and equity-related securities of companies, at least 90% of which have assets, products or operations based in the United States or are included in the Russell 1000 Index. Up to 10% of the value of the fund may be invested in other companies which have a US Stock Exchange listing.

Within the asset allocation, the underlying fund will invest only in US Large Cap stocks (Russell1000 and / or S&P500). The Russell 1000 Index is constructed by the Russell Investment Group to provide a comprehensive and unbiased barometer for the large-cap segment of the US equity universe and is completely reconstituted annually to ensure new and growing equities are reflected.

37

Research Enhanced incorporates subjective analyst criteria as well as quantitative criteria. Both qualitative and quantitative criteria are based upon PineBridge Investments’ Global Equity process that categorizes stocks into appropriate growth categories and then applies investment criteria that is customized for a given growth category. The Investment Manager believes that the performance of equities over longer periods of time is driven by the progression of earnings. The underlying fund will strive to add value by identifying stocks with superior sustainable earnings performance. The stock selection will also be influenced by valuation levels, but only to the extent that factors have been identified which are expected to drive valuation potential to be realised in terms of earnings progression.

Portfolio selection will adhere to an optimization process that favors stocks ranked highly through the investment manager’s growth categorization process and then configures those into a portfolio in a manner to very tightly control the portfolio’s tracking error to the Standard & Poor’s 500 Index.

However, there is no assurance that the investment objective of the Scheme will be realized.

Portfolio Turnover:

As the scheme is an open ended fund of funds scheme, which will invest in units of overseas mutual fund, the turnover at the scheme level will be dependent on the subscriptions and redemptions by investors in the scheme. For the remaining portion of the scheme i.e., for investments in the domestic securities/ units of debt/ liquid schemes, the turnover will be a function of market opportunities.

The scheme being an open-ended scheme, it is expected that there would be a number of subscriptions and redemptions on a daily basis. Therefore, it is difficult to estimate with any reasonable level of accuracy the likely turnover in the scheme.

F. INVESTMENT IN OVERSEAS FINANCIAL ASSETS

The Scheme may invest in Units/Securities issued by overseas Mutual Funds or Unit Trusts registered with overseas regulator and investing in securities as may be permissible and described in SEBI Circular Reference No. SEBI/IMD/CIR NO. 7/104753/07 dated September 26, 2007 as may be amended from time to time, within the overall applicable limits. Investing in overseas markets could be both rewarding as well as challenging. In terms of prevailing SEBI guidelines on overseas investment, each mutual fund is currently permitted to invest in foreign securities up to US $300 million irrespective of the size of the assets. The ceiling for investment in overseas Exchange Traded Funds that invest in securities is US$ 50 million per mutual fund. Exposure to foreign securities It is the AMC's belief that investment in Units/Securities issued by overseas Mutual Funds or Unit Trusts registered with overseas regulator and investing in securities as may be permissible from time to time offers new investment and portfolio diversification opportunities into multi-market and multi-currency products. However, such investments also entail additional risks. Such investment opportunities may be pursued by the AMC provided they are considered appropriate in terms of the overall investment objectives of the Scheme. Easy access, transparent regulations and a breadth of variety in terms of classes of investors have contributed to investor confidence in the stability and functioning of global markets. Besides, better access to information on the financial health of many foreign companies helps fund managers make informed investment decisions.

38

Although these benefits are very attractive, one must not lose sight of the fact that risks also exist with regard to investments in foreign markets. These include fluctuating currency prices, relevant regulations of exchanges/countries, restrictions on repatriation of investments/profits, financial reporting standards, liquidity and political instability, among others.

G. FUNDAMENTAL ATTRIBUTES Following are the Fundamental Attributes of the scheme, in terms of Regulation 18 (15A) of the SEBI (MF)

Regulations:

“Fundamental Attributes” in the context of the schemes will be:

(i) Type of Scheme: PineBridge India - US Equity Fund i.e. Open ended Fund of Funds Scheme investing Overseas

(ii) Investment Objective:

Main Objective: The primary investment objective of the scheme is to provide long term capital appreciation by investing in units of fund that invest predominantly in equity and equity-related securities of companies having assets, products or operations in the United States.


Investment Pattern: Under normal circumstances, it is anticipated that the asset allocation shall be as follows:

Instrument Minimum Maximum Risk Profile


95% 100% High

Debt and money market securities and/or units of debt/liquid schemes of PineBridge Mutual Fund or other Mutual Funds.

0% 5% Low to Medium

* similar overseas Mutual Fund schemes shall mean those schemes that have an investment objective, investment strategy & risk profile/ consideration similar to PineBridge US Large Cap Research Enhanced Fund. The scheme will not invest in derivatives, securitised debts or unrated instruments. However, the underlying fund may invest in derivatives or unlisted securities as permitted vide SEBI circular SEBI/IMD/CIR No7/104753/07 dated September 26, 2007 for overseas investments by mutual funds.

The investment manager may, in line with the investment objectives of the Scheme, alter the above pattern for a short term period on defensive considerations, the intention at all times being to protect the interests of the Unit Holders. In case of any deviation from the normal asset allocation pattern, the scheme shall rebalance the same to bring it in line with the normal asset allocation within a period of 30 business days.

The scheme shall invest in units of PineBridge US Large Cap Research Enhanced Fund and / or other similar mutual fund schemes. In case of any change in the underlying fund, it will not be construed as a

39

change in fundamental attribute as long as the investment objective of the underlying scheme is similar to PineBridge US Large Cap Research Enhanced Fund.

(iii) Terms of Issue:

(a) Liquidity provisions such as listing, repurchase, redemption – Please refer to “Section IV. Units and Offer” for details.

(b) Aggregate Fees and Expenses charged to the scheme – Please refer to “Section V. Fees and Expenses” for details

(c) Any safety net or guarantee provided – This Scheme does not provide any guaranteed or assured return.

In accordance with Regulation 18(15A) of the SEBI (MF) Regulations, the Trustees shall ensure that no change in the fundamental attributes of the Scheme or the Plan(s) / Option(s) thereunder or the trust or the fees and expenses payable or any other change which would modify the Scheme and the Plan(s) / Option(s) thereunder and affect the interests of Unitholders is carried out unless:

• A written communication about the proposed change is sent to each Unitholder and an advertisement is given in one English daily newspaper having nationwide circulation as well as in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated; and

• The Unitholders are given an option for a period of 30 days to exit at the prevailing Net Asset Value without any exit load.

H. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?

Standard & Poor’s 500 Total Return Index in USD is the benchmark of the underlying fund. The benchmark of PineBridge US Equity Fund is Standard & Poor’s 500 Total Return Index, which will be translated to

INR using the RBI reference rate will be the benchmark of PineBridge India - US Equity Fund.

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

I. WHO WILL MANAGE THE SCHEME?

The Fund Manager, Mr. Vikrant Mehta will manage the investments under the scheme. His details are as

under:

Fund Manager/Age

Qualifications Brief Experience Schemes managed

Mr. Vikrant Mehta, 42 Years

CFA (ICFAI), M.S.

For Brief Experience, please refer to SECTION 1, sub-section D w.r.t. Information on Key Personnel in the SAI.

PineBridge India Liquid Fund, PineBridge India Total Return Bond Fund, PineBridge World Gold Fund, PineBridge India Short Term Fund, PineBridge Quarterly Interval Fund - Series I and II

40

J. WHAT ARE THE INVESTMENT RESTRICTIONS?

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

1) The Scheme shall not invest its assets other than in schemes of mutual funds, except for short term deployment or to the extent of funds required for meeting the liquidity requirements for the purpose of repurchases or redemptions or distribution of income, as disclosed earlier.

2) The scheme will not invest in underlying schemes which invest more than 10% of their net assets in unlisted equity shares or equity related instruments.

3) The Scheme shall not invest more than 15% of its net assets in debt instruments (irrespective of residual maturity) issued by a single issuer which are rated not below investment grade by a credit rating agency authorised to carry out such activity under the Act. Such investment limit may be extended to 20% of the net assets of the Schemes with the prior approval of the Board of the Trustee and the Board of the AMC.

Provided that such limit shall not be applicable for investments in government securities.

4) The scheme shall not invest more than thirty percent of it’s net assets in money market instruments of an issuer.

Provided that such limit shall not be applicable for investment in Government Securities, Treasury Bills and Collateralized Borrowing and Lending Obligations.

5) The total exposure of the scheme in a particular sector, excluding investments in Bank CDs, CBLO, G-Secs, T- Bills and AAA rated or its short term equivalent rated securities issued by Public Financial Institutions and Public Sector Banks, shall not exceed 30% of the net assets of the scheme. AMFI defined sectors will be applicable for the above mentioned sectoral restrictions.

Provided that an additional exposure to financial services sector (over and above the limit of 30%) not exceeding 10% of the net assets of the scheme shall be allowed by way of increase in exposure to Housing Finance Companies (HFCs) only

Provided further that the additional exposure to such securities issued by HFCs are rated AA and above and these HFCs are registered with National Housing Bank (NHB) and the total investment/ exposure in HFCs shall not exceed 30% of the net assets of the scheme

The above restrictions will applicable at the time of making investments (purchase of securities).

6) Transfers of investments from one scheme to another scheme in the Fund shall be made only if:

a) such transfers are done at the prevailing market price for quoted instruments on spot basis. Explanation - “spot basis” shall have the 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.

7) The Fund shall, get the securities purchased or transferred in the name of the Fund on account of the Schemes, wherever investments are intended to be of long term nature.

41

8) Pending deployment of funds of the Schemes in securities in terms of investment objectives of the Schemes, the Fund can invest the funds of the Schemes in short term deposits of scheduled commercial banks subject to such guidelines as may be specified by SEBI.

9) The Scheme shall not make any investment in:

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) the listed securities of group companies of the Sponsor which is in excess of 25% of the net assets.

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

11) No term loans for any purpose may be advanced by the Fund and the Fund shall not borrow except to meet temporary liquidity needs of the Schemes for the purpose of repurchase, redemption of Units or payment of interest or dividends to Unit Holders, provided that the Fund shall not borrow more than 20% of the net assets of the Schemes and the duration of such a borrowing shall not exceed a period of six months.

12) The Scheme will comply with any other Regulation applicable to the investments of Mutual Funds from time to time.

These investment limitations/parameters as expressed (linked to the net asset/net asset value/capital) shall, in the ordinary course, apply as 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, the AMC shall adopt as a priority objective, the remedying of that situation, taking due account of the interests of the Unit Holders.

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.

The Trustee /AMC may alter the above stated limitations from time to time and also to the extent the Regulations change so as to permit the Scheme to make its investments in the full spectrum of permitted investments in order to achieve its investment objective.

K. HOW HAVE THE SCHEMES PERFORMED?

This is a new Scheme and hence does not have any performance track record.

L. INVESTMENT IN THE SCHEME BY THE AMC, SPONSOR OR THEIR AFFILIATES

Subject to the Regulations, the AMC, the Sponsor, the Trustee and/or their associates or affiliates, may invest either directly or indirectly in the Scheme during the NFO and / or Ongoing Offer Period. However, AMC shall not charge any fee on its investment in the Scheme.

42

M. COMPARISON BETWEEN THE EXISTING SCHEMES OF THE FUND

Name of Schemes

Investment Objective

Asset Allocation Pattern Product Differentia

tion

AUM as on

September 30, 2013 (` in crs.)

No of Foliosas on

September 30, 2013

PineBridge India Equity Fund (An open ended equity scheme)

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.

Instruments Normal allocation (% of total assets)

Risk Profile

Minimum Maximum High/

Medium/Low

Equity and equity related securities(1)

80 100 High

Debt & money market securities/instruments/funds (2)

0 20 Low to Medium

(1) & (2) – For the explanation, please refer to Section III, sub-section D. WHERE WILL THE SCHEME INVEST? of the Combined SID.

PineBridge India Equity Fund is an open-ended diversified equity scheme that seeks to generate long-term capital appreciation by investing in stocks across all market capitalization ranges i.e. large, mid and small cap stocks, without having any bias to any sector or a particular style of investing

130.24 23,998

PineBridge Infrastructure & Economic Reform Fund (An open ended equity scheme)

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly (at least 65%) equity and


Risk Profile


Medium/Low

Equity and equity related securities(1)

80 100 High

Debt & 0 20 Low to

PineBridge Infrastructure & Economic Reform Fund is an open-ended equity scheme that seeks to generate long-term

66.06 19,568

43

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.

money market securities/instruments/funds (2)

Medium

(1) & (2) – For the explanation, please refer to Section III, sub-section D. WHERE WILL THE SCHEME INVEST? of the Combined SID.

capital appreciation by investing in companies that may benefit from potential investments in infrastructure and unfolding economic reforms without having any bias towards any sector or market capitalization range

PineBridge World Gold Fund (An open ended fund of funds scheme)

The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of Falcon Gold Equity Fund.

The Scheme may, at the discretion of the Investment Manager, also invest in the units of other


Risk Profile


Medium/Low

Units of Falcon Gold Equity Fund # &/or other similar overseas mutual fund scheme(s)

80 100 High

Debt and money market securities and/or units of debt/liquid

0 20 Low to Medium

A Fund of Funds scheme that invests in international securities of Gold production, processing & marketing Companies through an international fund – Falcon Gold Equity Fund

87.20 25,709

44

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

similar overseas mutual fund schemes. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, in order to meet liquidity requirements from time to time.

schemes of Domestic Mutual Funds.

# Falcon Gold Equity Fund is a mutual fund subject to Swiss law in the “securities funds” category as defined by the Investment Funds Act dated March 18, 1994.

PineBridge India - US Equity Fund (An open ended fund of funds scheme investing overseas)

The primary investment objective of the scheme is to provide long term capital appreciation by investing in units of fund that invest predominantly in equity and equity-related securities of companies having assets, products or operations in the United States.

However, there is no assurance that the

Normal allocation (% of total assets)

Risk Profile

Instruments Minimum Maximum

High/

Medium/Low


95 % 100 % High

Debt and money market securities and/or units of debt/liquid schemes of

0 % 5 % Low to

Medium

A Fund of Funds scheme that invests in international equity and equity-related securities of companies having assets, products or operations in the United States through an international fund – PineBridge US Large Cap

- -

45

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

objective of the scheme will be realized.

PineBridge Mutual Fund or other Mutual Funds.

* similar overseas Mutual Fund schemes shall mean those schemes that have an investment objective, investment strategy & risk profile/ consideration similar to PineBridge US Large Cap Research Enhanced Fund

Research Enhanced Fund

PineBridge India Liquid Fund

(An open ended liquid scheme)

The primary investment objective of the Scheme is to seek to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and short term debt securities.


Risk Profile


Money Market Instruments with maturity# of upto 60 days

0 100 Low to Medium

Debt instruments* with maturity# of upto 60 days

0 100 Low to Medium

* Debt securities may include securitized debts upto 50% of the net assets.

# Explanation:

a) In case of securities where the principal is to be re-paid in single payout the maturity of the securities shall mean residual maturity. In case the principal is to be repaid in more than one payout then the maturity of the securities shall be calculated on the basis of the weighted average maturity of security.

b) In case of securities with put and call options

This scheme is meant for investors to deploy their funds for a very short period of time. As per SEBI Guidelines, the residual / average maturity of the fund cannot exceed 60 days.

66.42 239

46

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

(daily or otherwise) the residual maturity of the security shall not be greater than 60 days.

c) In case the maturity of a security falls on a non-business day, then settlement of securities will take place on the next business day.

PineBridge India Total Return Bond Fund

(An open ended income scheme)

PineBridge India Total Return Bond Fund# endeavors to maximize total return by investing in a range of fixed income securities of varying maturities and credits through an approach that emphasizes safety, diversification and flexibility.

# The Scheme is an open ended income scheme. Investors in the Scheme are not being offered any guaranteed/assured returns.


Risk Profile


Medium/

Low

Debt* Instruments including Government Securities, Corporate Debt and Money Market Instruments

0 100 Low to Medium


The “total return” sought by the Fund will consist of income earned on the Fund’s investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, or improving credit fundamentals for a particular sector or security. The scheme will follow an active investment strategy taking defensive or aggressive stance depending on opportunitie

96.98 723

47

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

s available in the market place at various points in time by investing in a diversified portfolio of Fixed Income securities across varying maturities and credits. Further this scheme would also endeavor to exploit inefficiencies of rates and/or credit spreads, if any, prevailing in the market place.

PineBridge India Short Term Fund

(An open ended income scheme)

The primary investment objective of the Scheme is to seek to generate income from a portfolio constituted of short to


Risk Profile


Debt* and money market securities with average

40 100 Low

This scheme is meant for investors having a medium-term investment horizon and higher risk

485.06 1,862

48

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

medium term debt and money market securities.

maturity less than equal to 370 days or have put options within a period not exceeding 370 days

Debt Instruments* including Government Securities, Corporate Debt and other debt Instruments with average maturity greater than 370 days

0 60 Low to Medium


appetite as compared to PineBridge India Liquid Fund. This fund would take interest rate calls and has the ability to invest not only in mark to market securities, but can also take certain percentage of exposure to instruments having a residual maturity of more than a one year.

PineBridge Quarterly Interval Fund – Series I (An Interval Income Scheme)

PineBridge Quarterly Interval

PineBridge Quarterly Interval Fund seeks to generate returns while endeavoring to manage interest rate volatility over the interval period through a portfolio of fixed income securities.

Instruments

Normal allocation (% of total assets)

Risk Profile


Debt and money market securities *

0 100 Low to Medium

* Debt securities may include securitized debts upto

This scheme seeks to generate returns while endeavoring to manage interest rate volatility over the interval period through a portfolio of

0.13

0.10

21

27

49

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

Fund – Series II

(An Interval Income Scheme)

75% of the net assets. fixed income securities. This scheme is primarily meant for investors looking at avenues to deploy their surplus funds over the interval period. The units of these schemes shall be available for subscription / switch-in and redemptions / switch-out during specified transaction period.

“Specified Transaction Period” is the period during which units of the Series/Plan under the Scheme are available for Subscriptio

50

Name of Schemes



tion

AUM as on


No of Foliosas on

September 30, 2013

n / Redemption / Switch-in / Switch-out.

The specified transaction period (STP) will be on the 95th day and 96th day from the previous specified transaction period. In case such days are non-business days, then the immediately following business days shall be considered as STP.

51

SECTION IV – UNITS AND OFFER

This section provides details an investor needs to know for investing in the Scheme.

A. NFO DETAILS

New Fund Offer Period

This is the period during which a new scheme sells its units to the investors.

NFO opens on: November 29, 2013

NFO closes on: December 13, 2013

Scheme re-opens for continuous Sale & Repurchase not later than December 30, 2013

The Trustee reserves the right to change the above mentioned dates, However the NFO period of the Scheme will not be open for subscription for more than 15 days. Such change, if any, shall be announced by way of a newspaper advertisement having nationwide circulation as well as a newspaper published in the language of the region where the head office of the mutual fund is situated. New Fund Offer Price: This is the price per unit that the investors have to pay to invest during the NFO.

` 10/- per unit

Minimum Amount for Application in

the NFO

` 5,000/-

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 AMC fails to refund the amount within five business days, interest as specified by SEBI (currently 15% p.a.) will be paid to the investors from the expiry of 5 business days from the date of closure of the subscription period.

`100,000,000/- (10 crores)

52

Maximum Amount to be raised (if any)

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

There is an upper limit (currently equivalent to US $ 300 million per mutual fund) on the total amount the Scheme can invest in overseas securities / units of overseas mutual funds. In the event the limits prescribed by SEBI for overseas investments are expected to be exceeded during the NFO, the NFO may be closed for subscription. In the event, subscriptions are received in excess of aforesaid limit, units shall be allotted on a pro-rata basis.

Plans / Options offered The scheme offers two plans i.e. Standard and Direct Plan

Both plans will have a common portfolio. However, the returns under each plan are expected to vary having regard to the specified expense ratio under each plan.

Direct Plan is a plan where investors shall purchase / subscribe to Units in a scheme with the Mutual Fund through direct investments. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission, etc.

Investments under Direct Plan can be made through various modes offered by the Mutual Fund for investing directly with the Mutual Fund {except Stock Exchange Platform(s) and all other Platform(s) where investors’ applications for subscription of units are routed through Distributors}.

The following options are available under each plan:

Growth Option: Under this option no dividend will be declared

Dividend Option: Under this option, a dividend may be declared by the Trustee, at its discretion, from time to time (subject to the availability of distributable surplus as calculated in accordance with the Regulations)

The Dividend option offers dividend payout and reinvestment facilities.

Dividend payout facility

Dividend reinvestment facility

53

Following default Plan/options will be applied in case of no information, ambiguity or discrepancy in the scheme details of the application form.

Default Plan:

In case Distributor code is mentioned in the application form, but “Direct Plan” is indicated against the Scheme name, the Distributor code will be ignored and the application will be processed under Direct Plan.

In case where application is received for Standard Plan without Distributor code or “Direct” is mentioned in the ARN Column, the application will be processed under Direct Plan.

Default Option/facility: The investor must clearly specify his choice of option/ facility. In the absence of such clear instruction, it will be assumed that the investor has opted for ‘default’ option / facility and the application will be processed accordingly. The default option / facility are:

Option - Growth option

Facility - Dividend Reinvestment

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 and frequency of distribution shall be final. The dividend will be due to only those Unit Holders whose names appear in the Register of Unit Holders in the Dividend option of the Scheme on the record date which will be announced in advance.

The Unit Holders have the option of receiving the dividend or reinvesting the same. The dividend will be reinvested at the ex-dividend NAV.

Dividend proceeds may be paid by way of dividend warrants/payorders/cheques/EFT/NEFT/RTGS/any other manner in the investor’s bank account as updated in the Registrar and Transfer Agent’s record as per the instructions of the Unit holders. The AMC shall dispatch to the Unit holders, the dividend

54

warrants/cheques/payorders or remit EFT/NEFT/RTGS within 30 days of the date of declaration of dividend.

In case the dividend amount is less than ` 100 such dividend may be compulsorily reinvested.

Allotment Subject to receipt of minimum subscription amount, full allotment will be made to all valid applications received during the New Fund Offer Period. Allotment of units will be completed not later than 5 working days after the close of the New Fund Offer Period. All allotments will be provisional, subject to realisation of payment instrument and subject to the AMC having been reasonably satisfied that the Mutual Fund has received clear fund. An Account Statement will be sent by ordinary post/courier/electronic mail to each Unitholder, stating the number of Units allotted, not later than 5 working days from the close of New Fund Offer Period and after every additional purchase. In case the investor provides the e-mail address, the Fund will provide the Account Statement only through email message. The Account Statements shall be non-transferable. If the Unitholder so desires, non-transferable unit certificates will be issued within 5 working days of the receipt of request for the certificate.

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. The asset management company shall dispatch, an account statement specifying the number of units allotted to the applicant who has opted to receive statement of accounts or allotment advice to an applicant who has opted to hold units in dematerialized form respectively, as soon as possible but not later than 5 business days from the date of closure of the NFO.

Allotment of Units and dispatch of Account Statements to FIIs will be subject to RBI approval.

Any addition/ deletion of name from the folio of the unitholder is deemed as transfer of units. But the

55

Units of the Scheme are not transferable.

In view of the same, additions/ deletion of names will not be allowed under any folio of the Scheme.

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

Refund If the Scheme fails to collect the minimum subscription amount of ` 10 crores, the Fund shall be liable to 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 allotment process is completed. Refunds will be completed within 5 working days of the closure of the NFO Period. If the Fund refunds the amount after such 5 working days, the AMC shall be liable to pay interest at 15% per annum for the period in excess of the aforesaid 5 business days. Refund orders will be marked "A/c Payee only" and drawn in the name of the applicant (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 and relevant statutory provisions. The following is an indicative list of persons who are generally eligible and may apply for subscription to the Units of the Scheme:

Adult Individuals being persons resident in India, either singly or jointly (not exceeding three);

Minor through parent / lawful guardian; (please refer to the Statement of Additional Information (SAI) for further details on investment from minor through guardian);

Companies, bodies corporate, public sector undertakings, association of persons or bodies of individuals and societies registered under the Societies Registration Act, 1860;

56

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

Partnership Firms constituted under the Partnership Act, 1932;

A Hindu Undivided Family (HUF) through its Karta;

Banks (including Co-operative Banks and Regional Rural Banks) / Banking Company as defined under the Banking Regulation Act, 1949 and Financial Institutions;

Non-Resident Indians (NRIs) / Persons of Indian Origin (PIO) / Overseas Citizens of India (OCI) on full repatriation basis or on non-repatriation basis;

Foreign Institutional Investors (FIIs) registered with SEBI and Sub accounts registered with SEBI on full repatriation basis;

Qualified Foreign Investors (as per the guidelines issued by SEBI/RBI from time to time)

Army, Air Force, Navy and other para-military funds and eligible institutions;

Scientific and Industrial Research Organisations;

Provident / Pension / Gratuity and such other Funds as and when permitted to invest;

International Multilateral Agencies approved by the Government of India /RBI;

The Trustee, AMC or Sponsor or their associates (if eligible and permitted under prevailing laws);

Public Financial Institution as defined under the Companies Act, 1956; and

Insurance Company registered with the Insurance Regulatory and Development Authority

The Fund reserves the right to include / exclude new / existing categories of investors to invest in the Scheme from time to time subject to the Regulations and other prevailing statutory regulations, if any.

Subject to the Regulations, any application for Units may be accepted or rejected in the sole and absolute discretion of the Trustee. For example, the Trustee may reject any application for the Purchase of Units

57

if the application is invalid or incomplete or if, in its opinion, increasing the size of any or all of the Scheme’s Unit capital is not in the general interest of the Unit Holders, or if the Trustee for any other reason does not believe that it would be in the best interest of the Scheme or its Unit Holders to accept such an application.

The AMC / Trustee may need to obtain from the investor, verification of identity or such other details relating to a subscription for Units as may be required under any applicable law, which may result in delay in processing the application.

Every investor, depending on any of the above category under which he/she/ it falls, is required to provide the relevant documents along with the application form as may be prescribed by AMC.

Who cannot invest It should be noted that the following entities cannot invest in the Scheme:

A Foreign National or any other entity including non-resident Indians residing in countries that are not compliant with the directives laid down by the Financial Action Task Force (FATF), prominently known as Non Compliant Countries and Territories (for short NCCT)

Foreign nationals (including persons resident in India) from United States and Canada

Non-Resident Indians residing in the United States of America and Canada.

The Fund reserves the right to include / exclude new / existing categories of investors to invest in the Scheme from time to time, subject to SEBI Regulations and other prevailing statutory regulations, if any.

Subject to the Regulations, any application for Units may be accepted or rejected in the sole and absolute discretion of the Trustee.

The AMC / Trustee may need to obtain from the investor verification of identity or such other details relating to a subscription for Units as may be required under any applicable law, which may result in delay in processing the application.

58

Where can you submit the filled up applications.

The investors can submit the NFO applications to AMC, ISCs, Branches of Collection Bank(s) and such other collection centers as designated by the AMC.

The names and addresses of the Designated Collection Centers are mentioned in the Application Form. Investors can also log on to www.camsonline.com and at the website of the fund www.pinebridge.in

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 Application Form.

ASBA applications are available at Self-Certified Syndicate Banks (SCSBs) and can be submitted only at SCSB at their designated branches.

List of SCSBs and their designated branches shall be displayed on the SEBI website (www.sebi.gov.in), BSE website (www.bseindia.com), NSE website (www.nseindia.com).

Also, stock brokers registered with recognized stock exchanges and empanelled with the AMC shall also be 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 PineBridge Mutual Fund, the investor would have to fill up the Main application form, enclose the cheque for investment, copy of the PAN card, copy of the KYC letter. The filled application form would have to be submitted at any of 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 : Investors may also apply through the ASBA process during the NFO period of the scheme by filling in the ASBA form and submitting the same to their respective SCSBs, which in turn will block the amount in the account as per the authority contained in the ASBA form, and undertake other tasks as per the procedure specified therein.

59

For complete details on ASBA, please refer application form.

C. Application through Stock Exchange Infrastructure (MFSS/ BSE StAR MF Platform): As per SEBI Circular SEBI/IMD/CIR No.11/183204/2009 dated November 13, 2009, Mutual Fund units can be offered for Purchase and Redemption on National Stock Exchange (“NSE”) through MFSS platform (Mutual Fund Service System) and on Bombay Stock Exchange (“BSE”) through BSE StAR MF (Bombay Stock Exchange Platform for Allotment and Redemption of Mutual Fund units). Key features: Purchase and Redemption transactions of this

scheme of PineBridge Mutual Fund are available through this facility. Switch transactions are currently not offered on the Exchange platforms.

Investors can avail the facility to transact on these platforms through distributors who are registered brokers or Clearing members of Stock Exchanges and are also empanelled as distributors with the AMC.

Purchases on MFSS and BSE StAR MF platform are subject to the normal time stamp cut-off and also receipt of funds in scheme’s bank account. Please read section for the NAV applicability provided in Section IV sub-section B, ONGOING OFFER DETAILS in this document for more details.

Systematic Investment Plan (SIP) is offered on MFSS (NSE) and BSE StAR MF (BSE) platform.

Transactions on these Stock Exchange(s) platforms can be done only through demat mode and not through physical mode.

Units held in Demat account of the schemes listed on MFSS and BSE StaR MF can be freely transferred from one demat account to another under the Depository System.

Non-financial transactions are not available on NSE and BSE platform. However investors

60

having demat units will have to submit their non-financial transactions such as change of bank, addition of nominee, etc. to their Depository Participant. www.pinebridge.in

D. Application of units in Dematerialized mode:

Pursuant to SEBI Circular No.CIR/IMD/DF/9/2011 dated May 19, 2011, investors of all schemes of PineBridge Mutual Fund shall be provided an option to subscribe to or transfer units in dematerialized (demat) mode with effect from October 1, 2011.

The options to subscribe or purchase units are as follows:

Investors who wish to invest in dematerialized mode are required to have a Beneficiary Account with a Depository Participant (DP)

Investors have the option to subscribe by:

I. Filling out the ‘Depository Account Details’ in the Common Application Form (along with other relevant and mandatory details) and mention details such as Depository Name (NSDL / CDSL), Depository Participant’s Name, DP Id and Beneficiary Account number and attach the cheque and other relevant documents such as KYC, PAN, etc.

II. Placing an order with the distributor who is a registered Stock Broker / Clearing Member as followed currently in the Secondary Market.

61

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

All cheques / drafts must be drawn favouring “PineBridge India – US Equity Fund”. They should be crossed “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 be drawn in favor of the scheme name followed by name of the first holder or his PAN No. or existing Folio No.

Example; “Scheme Name – First Holder’s Name” or “Scheme Name – First Holder’s PAN No.” or “Scheme Name – First Holder’s Folio No.”

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: Incase of RTGS / NEFT / Transfer Letter, investor should submit the 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:

• A proof of debit to the investor’s bank account in the form of a bank manager’s certificate with details of account holder’s Name, bank account number and PAN as per bank records, if available or;

• A copy of the acknowledgement from the bank,

62

wherein the instructions to debit carry the bank account details and name of the investor as an account holder are available or;

• A copy of the passbook/bank statement evidencing the debit for issuance of a DD

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

Investors are hereby intimated that while procuring a DD against Cash, following documents shall be mandatory:

• Banker’s certificate for issuance of a DD against cash, stating the investor’s name, investor’s bank account number and his PAN (if available) as per bank record.

However, it must be ensured that bank account number of the investor mentioned in Point no. d & e above is the same as the / one of the registered bank account mandate(s) with the fund or the bank details mentioned in the application form.

Multiple Bank registration is encouraged for investors who wish to issue and receive payments in more than one bank account. Please read more details under Section “IV. Units and Offer” under sub-section “B. Ongoing Offer Details - Bank Account Details”.

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’s Clearing House / Zone in the city where the application is submitted to a Designated Collection Centre.

An investor may invest through a distributor with whom the AMC has made an arrangement.

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

• Outstation cheques or outstation demand drafts;

63

• Cash, money orders or postal orders;

• Post dated cheques; and

• Multiple cheques with a single application.

If the bank clearing circle of a city, where the applicant is residing, is different from any of the investor service centers designated by the AMC from time to time, the AMC shall bear the bank charges (to the extent of the limit as prescribed in the SBI DD charge list) for demand draft(s) borne by the AMC. The AMC shall not refund any demand draft charges.

Applications accompanied by cheques / drafts not fulfilling the above criteria are liable to be rejected.

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 Practice Guidelines Circular No. 135/BP/16/10 – 11 dated August 16, 2010, investment / subscription made through Third Party Payment(s)* will not be accepted with effect from November 15, 2010.

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

• Payment by Parents/Grandparents/related persons** on behalf of a minor in consideration of natural love and affection or as gift for a value not exceeding ` 50,000/- (each regular purchase or per SIP installment) except for payment made by a guardian whose name is registered in the records of the fund in that folio

• Payment by Employer on behalf of employee under Systematic Investment Plans or lump-sum/ one-

64

time subscription through Payroll deductions.

• Custodian on behalf of an FII or a client.

*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. In case 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 / not processed / refunded:

(a) Mandatory KYC for all investors (guardian in case of minor) and the person making the payment i.e. third party. In order for an application to be considered as valid, investors and the person making the payment should attach their valid KYC Acknowledgement Letter to the application form.

(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 Investor Service Centre (ISC) of the Fund or visit our website www.pinebridge.in for the said Declaration Form.

Payment by NRIs, FIIs/PIOs/OCIs/QFIs

In terms of Schedule 5 of Notification No. FEMA 20/2000 dated May, 2000; the RBI has granted general permission to NRIs to purchase, on a repatriation basis, units of domestic mutual funds. Further, the

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general permission is also granted to NRIs to sell the Units to the mutual funds 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.

For the purpose of this section, the term “mutual funds” is as referred to in Clause (23 D) of Section 10 of the Income-Tax Act 1961. However, NRI investors, if they so desire, also have the option to make their investment on a non-repatriable basis.

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 Indian Rupee drafts purchased abroad or by way of cheques drawn on Non – Resident (External) (NRE) Accounts payable at par at Mumbai. Payments can also be made by means of Indian Rupee drafts payable at Mumbai and purchased out of funds held in NRE Accounts/FCNR Accounts.

In case Indian Rupee drafts are purchased abroad or from FCNR/ NRE accounts, an account debit certificate 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:

In the case of NRIs/Persons of Indian Origin seeking to apply for Units on a non-repatriation basis, payments may be made by cheques/demand drafts drawn out of Non-Resident Ordinary (NRO) accounts/Non-Resident Special Rupee (NRSR) accounts and Non Resident Non-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

In terms of Schedule 5 of Notification No. FEMA 20/2000 dated May, 2000, the RBI has granted general permission to registered FIIs to purchase, on a repatriation basis, units of domestic mutual funds subject to the conditions set out in the aforesaid

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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. For the purpose of this section, the term “mutual funds” is as referred to in Clause (23 D) of Section 10 of the Income Tax Act 1961.

For the purpose of this section, the term “mutual funds” is as referred to in Clause (23 D) of Section 10 of the Income Tax Act 1961.

• Mode of Payment on Repatriation basis:

FIIs may pay their subscription amounts either by way of inward remittance through normal banking channels or out of funds held in a Foreign Currency Account or a Non-resident Rupee Account maintained 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 Foreign Currency Accounts or Non-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:

On receipt of ASBA applications, SCSBs will block the NFO subscription funds that are available in the 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 section pertaining to ASBA in the application form.

ASBA application form will not be accepted at any of the offices of PineBridge Mutual Fund or its Registrar & Transfer Agent (CAMS). The ASBA application can only be accepted at SCSBs.

The application money towards the Subscription of Units shall be blocked in the account until

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(i) Allotment of Units is made or

(ii) Rejection of the application or

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

SCSBs shall unblock the bank accounts for

(i) Transfer of requisite money to the Mutual Fund / Scheme bank account against each valid application 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 clearing members [National Securities Clearing Corporation Limited (NSCCL) and Indian Clearing Corporation Limited (ICCL)] of registered stock exchanges.

Please refer to details on ‘FAQs on Purchase and Redemption of units on NSE and BSE platform’ available on our website www.pinebridge.in

Listing The Scheme being open ended, the Units are not proposed to be listed on any stock exchange.. However, the Fund may at its sole discretion list the Units on one or more stock exchanges at a later date.

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 investors are also offered an additional special facility called ASBA facility for subscribing to NFO of the Scheme. It shall co-exist with the existing process, wherein cheques/demand drafts are used as a mode of payment. Please refer the section ‘How to pay’ 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.

Presently the AMC does not intend to reissue the repurchased units. The trustee reserves the right to reissue the repurchased units at a later date after issuing adequate public notices and taking approvals, if any, from SEBI.

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

The Units of the Scheme are not transferable except units of scheme held in demat mode.

In view of the same, additions/ deletion of names will not be allowed under any folio of the Scheme. However, the said provision will not be applicable in case a person (i.e. a transferee) becomes a holder of the units by operation of law or upon enforcement of pledge, then the AMC shall subject to production of 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/redemptions after the closure of the NFO period.

The Scheme will reopen for on-going subscription/redemption within 5 Business Days from the date of allotment of units applied for during the NFO period

Ongoing price for subscription (purchase)/ switch-in (from other scheme/plans of the mutual fund) by investors This is the price you need to pay for purchase/ switch-in.

The Purchase Price of the Units on an ongoing basis will be calculated as described below: Purchase Price = Applicable NAV The NAV will be calculated by rounding up to three decimal places for the Scheme for the NFO and for the ongoing offer.

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.

The Redemption Price / Switch out of the Units is the price at which a Unit Holder can redeem Units of a scheme. It will be calculated as described below: Redemption Price = Applicable NAV x (1 - Exit Load* or CDSC*) * Either Exit Load or CDSC, whichever is applicable, will be charged. Redemption Price will be calculated for up to three decimal places for the Scheme.

For example, if the Applicable NAV of a Scheme is `10/- and it

has a 1% Exit Load, the Redemption Price will be calculated as follows:

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Redemption Price = ` 10 x (1 - 1.00%) i.e. ` 10 x 0.99 = `9.900/-. If the Scheme has no Exit Load and no CDSC, the Redemption Price will be equal to the Applicable NAV. Investors may note that the Trustee has a right to modify the existing Load structure in any manner or introduce/change Exit Load or CDSC or a combination of Exit Load and / or CDSC and / or any other Load subject to a maximum as prescribed under the Regulations and with prospective effect only. The Mutual Fund will offer that the redemption price is not lower than 93% of the applicable NAV and the 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.

1Cut 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.

Purchases Redemptions

Investments more than or equal to ` 2 lakhs The closing NAV of the Business Day will be applicable if: 1. Purchase application is

accepted before the cut-off time i.e 3:00 p.m. and

2. Funds for the entire amount of Purchase applications are credited to the designated bank account(s) of the Mutual Fund before the cut-off time i.e. 3:00 p.m. without availing any credit facility whether intra-day or otherwise.

The closing NAV of the next Business Day will be applicable if : 1. Purchase application is

received after the cut-off time i.e. 3:00 p.m. and / or

2. Funds are credited to designated bank account(s) of the Mutual Fund after the cut-off time i.e. 3:00 p.m. without availing any credit facility whether intra-day or otherwise.

Investments less than ` 2 lakhs The closing NAV of the Business Day shall be applicable if Purchase

Valid applications received (i) Upto 3:00 p.m. (cut-off time)

on a Business Day, the NAV of such Business Day

(ii) After 3:00 p.m. (cut-off time) on Business Day, the NAV of following Business Day

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application is accepted before the cut-off time i.e 3:00 p.m. The closing NAV of next business day shall be applicable if the Purchase application is received after the cut-off time i.e. 3:00 p.m.

For Switches: Valid applications for ‘switch-out’ shall be treated as applications for Redemption and valid applications for ‘switch-in’ shall be treated as applications for Purchase and the provisions of the Cut-off time and the Applicable NAV mentioned above as applicable to Purchase and Redemption shall be applied respectively to the ‘switch-in’ and ‘switch-out’ applications.

Where can the applications for purchase/ redemption switches be submitted?

Investors can submit the application forms at the official points of acceptance of CAMS, AMC Branches & such other Collection Centres as designated by the AMC. The addresses of the Designated Collection Centres are mentioned on the back cover page.

Investors who wish to hold units in demat mode should submit their transaction request to their DP as the scheme is also listed on MFSS and BSE StAR MF.

Minimum amount for Purchase / Redemption / Switches

First Time Purchase: ` 5,000/-

Additional Purchase: ` 1,000/- and in multiple of `1 thereafter

Purchase through SIP, STP and SWP: ` 1,000/–

The SIP/STP/SWP requests should be for minimum 6 months/quarters or minimum 6 transfers/withdrawals.

Redemption: ` 1000/- or account balance whichever is less.

Investor may note that upon the processing of redemption/switch out request, if the account balance in the scheme is less than

` 1000/- then the same will be redeemed/switched out along with

the said request.

Switches: The minimum amount in case of inter/ intra scheme (inter plan/inter option) switches shall be the minimum amount required in the respective transferee scheme/plan.

Minimum balance to be maintained and consequences of non maintenance.

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: Investors may note that AMC at its sole discretion may close a unit holder’s account under an option, if at the time of any part

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redemption, the value of the balance falls below ` 1,000 [or such

other amount as AMC may decide from time to time] or where the units are held by the unit holder in breach of any Regulation. However the AMC/Trustees reserve the right to change minimum balance requirement at any future date by giving advance notice. Investors should note that a change in the minimum balance requirement shall be notified to them by issuing an Addendum to that effect. The Addendum may be attached to the SID and KIM and displayed on the website of the AMC and also at all the Investor Service Centres.

Special Products / facilities available The Special facilities available during the ongoing offer are:

SIP

STP

SWP

Application through Stock Exchange Infrastructure (MFSS / BSE StAR Platform)

Switching Please see the relevant sections on the above mentioned elsewhere in this document.

Accounts Statements Consolidated Account Statement (CAS):

CAS contain details of all the transactions** carried out by the investor across all schemes of all mutual funds during the month. CAS includes the holding at the end of the month including transaction charges paid to the distributor. CAS for each calendar month shall be forwarded on or before 10th of the succeeding month. CAS shall be sent to the unit holders in the first instance by e-mail where available else by post. For the purpose of consolidating data for CAS, PAN will be used to identify unique investors across mutual funds. CAS will be sent to the email id registered with any of the Mutual Funds. In the event the account has more than one registered holder, the first named Unit holder shall receive the CAS/account statement. In case of a specific request received from the Unit holders, the AMC/Fund will provide the account statement to the investors within 5 Business Days from the receipt of such request.

In case of folios where no transaction has taken place during the half year period ended every September and March, CAS shall be sent to all such unit holders by email (where available) / post on or before 10th of the succeeding month. The half yearly CAS will be sent by e-mail to the Unit holders whose e-mail address is available, unless a specific request is made to receive in physical.

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Due to this regulatory change, AMC shall now cease to send physical fund specific Account Statement to the unitholders after every financial transaction including systematic transactions as was the practice earlier. However, on acceptance of the application for subscription, an allotment confirmation specifying the number of units allotted by way of email and/or SMS within 5 Business Days from the date of receipt of transaction request will be sent to the Unit holders registered e-mail address and/or mobile number. Investors are requested to register their email ids/mobile number in order to receive immediate confirmation i.e. within 5 business days of transaction processing.

**The word ‘transaction’ shall include purchase, redemption, switch, dividend payout, dividend reinvestment, systematic investment plan, systematic withdrawal plan, systematic transfer plan and bonus transactions.

Unit holders who have not provided PAN details to the Mutual Fund, shall not receive CAS since the consolidation with the rest of the Mutual Funds is done based on PAN. Unit holders are therefore requested to ensure that the folio(s) are updated with their PAN. Such unit holders shall receive a monthly account statement from the AMC in respect of the transactions carried out in the schemes of the Fund during the month.

Account Statement:

For those investors who cannot receive CAS due to non availability of PAN for consolidation, an account statement will be sent by electronic mail / ordinary post under following circumstances:

For transactions during the NFO, each Unit Holder shall receive an account statement stating the number of Units purchased not later than 5 business days from the closure of the NFO period.

For ongoing financial transactions including SIPs, an account statement shall be issued on a monthly basis on or before 10th day of the succeeding month by way of email to the registered email address where available, else a physical statement will be sent by post.

In case of folios where no transaction has taken place during the half year period ended every September and March, an account statement shall be sent to all such unit holders by email (where available) / post on or before 10th of the succeeding month.

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If the Unit holder so desires, non-transferable unit certificates will be issued within 5 business days of the receipt of request for the certificate.

In case of units held in demat mode, the statement of holding will be sent by the respective Depository Participant. The demat statement given by the Depository Participant (DP) would be deemed as adequate compliance with the requirement of the statement of account as specified in SEBI Circular No. SEBI / IMD / Cir No. 11 / 183204/ 2009 dated November 13, 2009.

Any discrepancy in the CAS / Account Statement / Unit Certificate should be brought to the notice of the Fund/AMC immediately. The processing of the transaction and contents of the CAS / Account Statement / Unit Certificate will be deemed to be correct if no error is reported within 30 days from the date of CAS / Account Statement / Unit Certificate.

Other Communications:

Copies of the annual report of the Scheme as at the end of each financial year (March 31st) or an abridged summary thereof will be mailed to all Unit Holders as soon as possible but not later than 4 months from the closure of the relevant financial year.

The AMC shall disclose the full portfolio (along with ISIN) of the schemes as on the last day of the month on the website of the AMC on or before the tenth day of the succeeding month in a user-friendly and downloadable format (preferably in a spreadsheet).

The AMC will disclose details of the portfolio of the Scheme every 6 months by either sending a complete statement to all the Unit Holders or by publishing such statement, by way of advertisement, in one national English daily newspaper circulating in the whole of India and in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated.

The Fund shall before the expiry of one month from the close of each half year (March 31st and September 30th) host a soft copy of its unaudited financial results on the website of the AMC and that of AMFI and publish an advertisement disclosing the hosting of such financial results on the website. Such advertisement shall be published in one national English daily newspaper circulating in the whole of India and in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated within one month from the end of each half-year.

As an eco-friendly initiative, investors who have provided email IDs would receive the Annual Report / other statutory reports through Electronic Communication / Mode only. The AMC shall continue to make efforts to obtain email addresses of the investors. Where such communication is sent by the AMC to obtain email addresses, it shall specify that annual report /

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abridged summary shall be sent by email only. However, an investor has an option to request a physical copy. In case such a specific request is received from the Unit holders, the AMC/Fund will provide a physical copy of the same.

Dividend The Unit Holders have the option of receiving the dividend or reinvesting the same. The dividend will be reinvested at the ex-dividend NAV.

Dividend proceeds may be paid by way of dividend warrants / payorders / cheques / EFT / NEFT / RTGS / any other manner in the investor’s bank account as updated in the Registrar and Transfer Agent’s record as per the instructions of the Unit holders. The AMC shall dispatch to the Unit holders, the dividend warrants / cheques / payorders or remit EFT / NEFT / RTGS within 30 days of the date of declaration of dividend. The dividend warrants shall be dispatched to the Unit holders within 30 days of the date of declaration of dividend. • In case of Unit holders having a bank account with certain

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 be made in favour of the Unit holder (registered holder of the Units or, if there is more than one registered holder, only to the first registered holder) with bank account number furnished to the Mutual Fund (please note that it is mandatory for the Unit holders to provide the Bank account details as per the directives of SEBI).

In case the dividend amount is less than ` 100 such dividend may

be compulsorily reinvested.

How to redeem a. Redemption through physical applications:

A Transaction Slip or Common Transaction Form (CTF) can be used by the Unit Holder to request for Redemption. The requisite details should be entered in the Transaction Slip or Form and submitted at CAMS / AMC ISC. Transaction Slips or the CTF can be obtained from any of the ISCs or same can be downloaded from our website www.pinebridge.in.

Where units under a scheme are held under both Standard and Direct Plans and the redemption / switch request pertains to the Direct Plan, the same must clearly be mentioned on the request (along with the folio number), failing which the request would be processed from the Standard Plan.

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However, where units under the requested option are held only under one plan, the request would be processed under such plan.

Payment of Proceeds to Resident Investors

Redemption proceeds will be paid by cheques / payorders, marked “A/c Payee only” and drawn in the name of the sole holder / first named holder (as determined by the records of the Registrar) or Direct Credit / EFT / NEFT / RTGS to a set of banks with which the AMC has a tie up.

The bank name and bank account number, as given by the unit holder, will be mentioned in the cheque. The cheque will be payable at par at all the cities having ISCs. If the Unit Holder resides in any other city, he will be paid by a demand draft payable at the city of his residence and the demand draft charges shall be borne by the AMC.

Direct Credit / EFT

The fund offers a Direct Credit / EFT facility through which the investor’s bank account is credited with the Redemption proceeds. It is clarified that in the event of any non credit by the bank and/or wrongful credit due to incorrect bank account details provided by the unit holder, the AMC / Registrar will not be liable. In the interest of the investors, it is advised that the investor provides the cancelled cheque while providing the bank details to the Fund. The Direct Credit facility is available for specific banks with whom AMC may have a tie up from time to time. Investors need to check with the AMC for an updated list of the Direct Credit Banks. Investorshaving bank mandates where the AMC has a Direct Credit facility will receive redemption/dividend proceeds by way of Direct Credit only and not cheques.

The Fund will endeavour to despatch the Redemption proceeds within 6 Business Days from the acceptance of the Redemption request, but not beyond 10 Business Days from the date of Redemption. If the payment is not made within the period stipulated in the Regulations, the Unit Holder shall be paid interest as per the SEBI regulations.

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) by registered /

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speed post. The despatch for the purpose of delivery through the courier / postal department, as the case may be, shall be treated as delivery to the investor. The AMC / Registrar are not responsible for any delayed delivery or non-delivery or any consequences thereof, if the dispatch has been made correctly as stated in this paragraph.

Non-Resident Investors

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

(i) Repatriation Basis

When Units have been purchased through remittance in foreign exchange from abroad or by cheque / draft issued from proceeds of the Unit Holder’s FCNR deposit or from funds held in the Unit Holder’s Non Resident (External) account kept in India, the proceeds can be remitted to the Unit Holder in foreign currency (any exchange rate fluctuation will be borne by the Unit Holder). The proceeds can also be sent to his Indian address for crediting to his NRE / FCNR, if desired by the Unit Holder.

(ii) Non Repatriation Basis

When Units have been purchased from funds held in the Unit Holder’s Non-Resident Ordinary (NRO) accounts/Non-Resident Special Rupee (NRSR) accounts and Non Resident Non-Repatriable (NRNR) accounts, the proceeds will be sent to the Unit Holder’s Indian address for crediting to the Unit Holder’s Non-Resident Ordinary (NRO) accounts/Non-Resident Special Rupee (NRSR) accounts and Non Resident Non-Repatriable (NRNR) accounts.

For FIIs, the designated branch of the authorised dealer may allow remittance of net sale / maturity proceeds (after payment of taxes) or credit the amount to the Foreign Currency account or Non-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 while converting the Rupee amount in foreign exchange in the case of transactions with NRIs / FIIs.

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The proceeds may be paid by way of direct credit through which the investor’s bank account specified in the Registrar’s records is credited with the Redemption proceeds. The Direct Credit facility is available for specific banks with whom AMC have a tie up from time to time. Investors need to check with the AMC for an updated list of the Direct Credit Banks. Investors having bank mandates where the AMC has a Direct Credit facility will receive redemption/dividend proceeds by way of Direct Credit only and not cheques.

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

b. Redemption on MFSS and BSE StAR MF platform:

Investors wishing to redeem their units held in demat mode in Schemes listed on MFSS and BSE StAR MF platform, can place their redemption request with the AMFI Certified Stock Exchange Brokers by providing Depository Instruction Slip with redemption details. The AMFI Certified Stock Exchange Broker 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 Schemes are permitted to be transacted through clearing members of NSE and BSE for redeeming the mutual fund units.

c Option to redeem Dematerialized units:

While redeeming the Demat units, investors are required to submit the request to their DP. The AMC shall credit the broker or clearing member’s pool account and the broker / clearing member shall in turn credit the redemption proceeds in the respective investor’s account.

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

In compliance with AMFI Best Practice Guidelines Circular No.17/2010-11 dated October 22, 2010, consequent to introduction of “Multiple Bank Accounts Facility,” the existing facility of redemption/dividend proceeds with change of bank mandate is discontinued by the Fund w.e.f. November 15, 2010. New bank accounts can only be registered using the designated

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“Multiple Bank Account Registration Form”. Further please note the following important points in this regard:

(i) Proceeds of any redemption/dividend will be sent only to a bank account that is already registered and validated in the folio at the time of redemption transaction processing.

(ii) Unit holder(s) may choose to mention any of the existing registered bank accounts with redemption/dividend paymentrequest for receiving redemption/dividend proceeds. If no registered bank account is 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 a specific redemption/dividend payment request (with or without necessary supporting documents) such bank account may not be considered for payment of redemption/dividend proceeds, or the Fund may withhold the payment for up to 10 calendar days to ensure validation of new bank mandate mentioned. Investors should note that the entire activity of verification of cooling period cases and release of redemption payment shall be carried out within the period of 10 working days from the date of redemption.

Valid change of bank mandate requests with supporting documents will be processed within 10 business 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.

Redemption Units can be redeemed (sold back to the Fund) at the Redemption Price during the Ongoing Offer Period. The redemption or repurchase proceeds shall be dispatched to the unitholders within 10 business days from the date of redemption or repurchase. The Unit Holder has the option to request for Redemption either in amount in rupees or in number of Units. Units purchased by cheque may not be redeemed until after realization of the cheque. In case the investor mentions the number of Units as well as the amount, then the amount will be considered 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. If the redemption request amount exceeds the balance lying to the credit of the Unitholder’s said account, then the fund shall redeem the entire amount lying to the credit of the Unitholder’s account in that Scheme/Plan/Option.

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If an investor has purchased Units on more than one Business Day, the Units purchased prior in time (i.e. those Units which have been held for the longest period of time), are deemed to have been redeemed first, i.e. on a First In First Out Basis except when the Unitholder specifically requests redemption of Units purchased on specific date(s).

The minimum amount in rupees for Redemption shall be `1,000/- or account balance which ever is less. Investor may note that upon the processing of part redemption/switch out request, if the account balance in the

scheme falls below ` 1000/- then the same will be

redeemed/switched out along with the said request. Redemption proceeds may be paid by way of payorders / cheques / EFT / NEFT / RTGS / any other manner in the investor’s bank account as updated in the Registrar and Transfer Agent’s record as per the instructions of the Unit holders. The AMC shall dispatch to the Unit holders, the redemption cheques / payorders or remit EFT / NEFT / RTGS within 10 working days from the date of redemption or repurchase.

Delay in payment of redemption / repurchase proceeds / dividend warrants

The AMC shall be liable to pay interest to the Unitholders at such rate as may be specified by SEBI for the period of such delay (presently @ 15% per annum). Delay on account of change of Bank mandate initiated by the investor will not be considered here.

Bank Account Details

Applicants should provide the name of the bank, branch address, account type and account no. of the Sole/First Applicant. As per SEBI guidelines, it is mandatory for investors to mention their bank account details in the Application Form.

Please also provide the following details:

i) The 9-digit MICR (Magnetic Ink Character Recognition) number appearing to the right of the cheque number on the bottom white strip of a cheque leaf.

ii) The 11 digit IFSC (Indian Financial System Code) that is being given by some of the banks on the cheques, if not available, you could check with your local bank branch.

The above information will help us in future for secure transfer of your redemption and dividend payouts via the various electronic mode of transfers that are available in the banking system.

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We are currently offering Direct Credit facility with the following Banks: AXIS Bank, Citibank N.A., HDFC Bank Ltd., HSBC, ICICI Bank Ltd., IDBI Ltd., Kotak Mahindra Bank Ltd, Standard Chartered Bank and The Royal Bank of Scotland NV. Investors having Bank Accounts with any of the above mentioned Banks will receive Redemption & Dividend proceeds via Direct Credit to their respective bank accounts.

Multiple Bank Account Registrations / Change of bank mandate:

In compliance with AMFI Best Practice Guidelines Circular No.17/2010-11 dated October 22, 2010, PineBridge Mutual Fund offers its investors the facility to register multiple bank accounts in their folios to receive redemption / dividend proceeds.

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

� Individual and Hindu Undivided Family (HUF) investors will be allowed to register 5 bank accounts and non-individual investors will be allowed to register up to 10 bank accounts

� Multiple Bank Registration Form will allow investors to do the following:

Part A- Registering Multiple Bank Accounts

Part B- Registering Default Bank Account.

Part C- Deleting of Registered Bank Account

The unit holder can choose any one of the registered bank accounts as default bank account. However, in case a unit holder does not specify the default bank account, the Fund reserves the right to designate any of the registered bank accounts as default bank account. Unit holders may also note that the registered bank accounts may also be used for verification of pay-ins (i.e. receiving of subscription funds) to ensure that a third party payment is not used for mutual fund subscription.

For the registration of the bank accounts, original of any one of the following documents should be produced for verification at AMC branch or copy should be attested by the Bank:

(i) A cancelled original cheque leaf of the new bank mandate with first unit holder name and bank account number printed on the face of the cheque

(ii) Copy of bank statement

(iii)Bank passbook with current entries not older than 3 months which contain the details of the account such as name and

81

address of the customer, bank account number, bank branch and address, MICR and IFSC code of the branch

(iv) Original bank letter issued by the bank on the letterhead confirming the bank account holder with the account details, duly signed and stamped by the Branch Manager

The AMC may insist on proof of old bank account or proof of identity of the investor, while effecting a change of bank account.

In case the names are not pre-printed on the cheque, the customer can submit a certificate from the bank or the bank account statement or a copy of the bank pass book.

Further, AMC may insist on proof of investment such as copy of acknowledgement of investment, debit entry in pass book, counterfoil of the dividend warrant/payorder or Statement of Account (issue date more than 2 years old)*/ Membership Advice/ certificate from where the investment has been converted / merged to the present scheme, if applicable.

*Account statement issued on current date shall not be treated as investment proof.

The above documents will also be required for change in bank account mandate submitted by the investor. In case such bank account is already closed, a duly signed and stamped original letter from such bank on the letter head of bank, confirming the closure of said account will be required.

Valid change of bank mandate requests with supporting documents will be processed within ten business 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.

Dematerialization and Rematerialization:

Dematerialization of Units

Unit Holders have an option to hold units in dematerialized mode. To hold units in dematerialized mode, the unit holders need to have a beneficiary account with a Depository Participant of a Depository. For application of units in dematerialized mode, investors are requested to fill in all the details required in the application form under the section titled “Depository Account Details”. For units already held, an application for converting units into dematerialized mode has to be made to the AMC / RTA through the respective Depository Participant by filling in “Demat Request Form” (DRF).

82

Rematerialization of Units

Rematerialisation of Units can be carried out in accordance with the provisions of SEBI (Depositories and Participants) Regulations, 1996 as may be amended from time to time. Unit holders are allowed to reconvert the units held in demat mode to physical holding. In order to do this, the unit holder has to make an application through their Depository Participant to the AMC / RTA. Upon conversion of units into physical mode, the AMC will send an account statement to the investor confirming the same.

Permanent Account Number (PAN)

PAN is mandatory for all Investments. Investors to provide copy of PAN card which is self-attested / attested by broker along with the application form, irrespective of investment amount. However, if the KYC acknowledgement is provided, a photocopyof PAN card is not mandatory.

Investors availing the Micro SIP/ investments to provide any one of the photo identification document (list available in the terms and conditions for SIP in the KIM) in lieu of the PAN card.

Change of Address

A KYC Compliant investor is required to submit a Proof of New Address and other document(s)/ form(s) as may be specified by the KYC Registration Agencies (KRA).

A KYC Non-Compliant investor is required to submit following documents to the AMC:

o Proof of new Address, and

o Proof of Identity: Only PAN card copy if PAN is submitted and updated in the folio, or PAN/other proof of identity if PAN is not submitted and updated in the folio.

o In Person Verification: Investors are required to complete the IPV requirements by visiting the intermediary (AMC / CAMS / Brokers) office with original documents.

o AMC may also insist on proof of old address and/or other documents to safeguard investors interest against fraudulent instructions.

Copies of all the documents submitted by the investor should be self-attested and accompanied by originals for verification. In case the original of any document is not produced for verification, then the copies should be properly attested / verified by entities authorized for attesting/verification of the documents

83

as per KYC guidelines. Please refer to Uniform Know Your Customer Requirement for Securities Market in SAI for details on the list of entities authorized for attesting/verifying the documents.

Special Products / facilities available

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 offers the investor an opportunity to enter the market regularly, thus averaging the acquisition cost of Units.

SIP allows investors to invest a fixed amount of Rupees on specific dates every month or quarter by purchasing Units of the Scheme at the Purchase Price prevailing at such time.

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

The SIP payments can be made either by issue of Post Dated Cheques or by availing the Direct Debit Facility through ECS.

Direct Debit Facility in SIP through ECS

Unit Holders investing under SIP in the Scheme have an option to avail the facility of Direct Debit through Electronic Clearing Service (ECS Facility offered 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). However the first investment in SIP under this mode shall be by way of cheque only. For subsequent installments, investors can choose between 1st, 7th, 14th and 21st or all four dates of every month / quarter for the SIP. This facility is available in select locations as indicated on the reverse of the SIP Auto- Debit Form. The SIP request should be for a minimum of 6 months / quarters. The SIP amounts should be uniform across all the cheques. Investor has an option to choose all four dates. In case “All four dates” is selected, minimum 6 cheques for each date should be given i.e. minimum 24 cheques should be given.

There shall be a gap of at least 30 days between the date of the first and second installment in the case of a SIP initiated during the Ongoing Offer period. Please refer to the SIP Auto Debit Form for further Terms & Conditions.

The minimum SIP installment amount is ` 1,000/- for PineBridge India - US Equity Fund.

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. In case the day on which the SIP dates fall on a non-business day for the Scheme, the same will be processed on the immediately following business day.

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.

84

For applicable load on Purchases through SIP, please refer to the Section V, FEES AND EXPENSES, sub-section C. LOAD STRUCTURE.

Micro SIP / Investments

SIPs up to ` 50,000/- per year per investor i.e. aggregate of installments in a rolling 12 month period or

in a financial year shall be referred to as ‘Micro SIP’. Investors are exempt from providing PAN details in case if they invest in Mutual Funds by means of a Micro SIP upon providing photo identification documents. Please refer to the terms and conditions for filling up the SIP/Micro SIP form for details of documents required.

SIP through MFSS platform (NSE) and BSE StAR MF (BSE)

SIP is available on MFSS and BSE StAR MF Platform for PineBridge India - US Equity Fund. For further details on online transaction through NSE/BSE Exchange Platforms, refer to Section IV – UNITS AND OFFER under ‘How to Apply’.

b. Systematic Withdrawal Plan (SWP)

This facility enables the Unitholders to withdraw sums from their Unit accounts in the Scheme at periodic intervals through a one-time request. The withdrawals can be made on Monthly basis on 1st, 7th, 14th and 21st or all four dates of every month. This facility is available in two options to the Unitholders:

Fixed Option:

Under this option, the Unitholder can seek redemption of a fixed amount of not less than ` 1,000 from

his Unit account. In this option the withdrawals will commence from the Start Date (being one of the dates indicated above) mentioned by the Unitholder in the Application Form for the facility. The Units will be redeemed at the Applicable NAV of 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 the Scheme, the same will be processed on the immediately following business day. Application should be submitted atleast 5 business days before the 1st due date of withdrawal.

Appreciation Option:

Under this option, the Unitholder can seek redemption of an amount equal to a periodic appreciation on the investment. The Unitholder redeems only such number of Units, which when multiplied by the Applicable NAV is, in amount terms equal to the appreciation in his investment over the last month

provided the appreciation is atleast ` 1,000. In the absence of any appreciation or appreciation less than

` 1,000 as mentioned above, the withdrawal under this option will not be made for that month. The

investor would need to indicate in his systematic withdrawal request, the commencement / start date from which the appreciation in investment value should be computed. The withdrawal will commence after one month from the commencement / start date mentioned by the Unitholder in the application Form and can, at the investor’s discretion be on 1st, 7th, 14th or 21st of the month. The Units will be redeemed at the Applicable NAV of 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 the Scheme, the same will be processed on the immediately following business day. In case the investor purchases additional Units,

85

the withdrawal amount would include the appreciation generated on such Units as well. In the absence

of any appreciation or appreciation less than ` 1,000, the redemption under this option will not be made.

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

(`)

January 15, 2012 1,000,000 10.00 – 100,000.00 1,000,000

February 10, 2012 – 7,000.00 10.071 695.065 99304.935 1,000,100.00

March 10, 2012 – 7000.00 10.142 690.199 98614.736 1,000,150.65

April 10, 2012 – 7000.00 10.214 685.334 97929.402 1,000,250.91

May 10, 2012 – 7000.00 10.286 680.537 97248.865 1,000,301.83

June10, 2012 – 7000.00 10.359 675.741 96573.124 1,000,400.99

July 10, 2012 – 7000.00 10.432 671.012 95902.112 1,000,450.83

August 10, 2012 – 7000.00 10.506 666.286 95235.826 1,000,547.59

September 10, 2012

– 7000.00 10.580 661.626 94574.200 1,000,595.04

October 10, 2012 – 7000.00 10.655 656.969 93917.231 1,000,688.10

November 10, 2012

– 7000.00 10.730 652.377 93264.854 1,000,731.88

December 10, 2012

– 7000.00 10.806 647.788 92617.066 1,000,820.02

January 10, 2013 – 7000.00 10.883 643.205 91973.861 1,000,951.53

February 10, 2013 – 7000.00 10.960 638.686 91335.175 1,001,033.52

** The NAVs in the table above are purely illustrative and should not be understood or construed as assured or guaranteed returns. Entry & Exit Loads are assumed to be NIL for the purpose of the

illustration.

* Previous Balance less Units redeemed.

For applicable load on Redemptions through SWP, please refer to the Section V, FEES AND

EXPENSES, sub-section C. LOAD STRUCTURE.

c. Systematic Transfer Plan (STP)

This facility enables the unitholders to switch an amount from their existing investments in a Scheme/Option of the Fund, which is available for investment at that time at periodic intervals through a

86

one time request. The switch can be made either weekly, fortnightly or monthly. Under this facility the switch by the unit holders should be within the same account/folio number. The unitholder has to fulfill

the following criteria in order to avail of the Systematic Transfer Plan –

a) A Unit Holder has to have a minimum balance of ` 25,000/- in a Liquid scheme or

b) ` 10,000/- in a non-liquid scheme (in a particular folio) or

c) the minimum amount as stated in the scheme information document of the respective transferor

scheme, whichever is higher

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

The transfer will be effected by way of a switch, i.e. redemption of Units from one Scheme and investment of the proceeds thereof, in the other Scheme at the then prevailing terms of both Schemes. All transactions by way of STP shall, however, be subject to the terms (other than minimum application amount) of the target Scheme. A Unit Holder who opts for an STP has the choice of switching (i) a fixed amount or (ii) an amount equal to the periodic appreciation on his/her/its investment in the Scheme from

which the transfer is sought, as detailed below:

Fixed Amount

Under this alternative, a Unit Holder may switch a fixed amount of at least ` 1,000/- per transaction and

the ‘STP Date’ for the switch will be as under.

a) where STP is opted for all four dates, the STP Date shall be the 1st, 7th, 14th or 21st, for the period concerned

b) where a fortnightly STP is opted for, the STP Date shall be the 1st, 7th, 14th or 21st, as the case may be. For example if the investor selects 1st then the next date could be 14th or if he selects 7th then the next date could be 21st of the month

c) where a monthly STP is opted for, the STP Date shall be the 1st, 7th, 14th or 21st, as the case may be, of the month concerned.

The Units in the Scheme/ Option from which the switch - out is sought will be redeemed at the Applicable NAV of the Scheme/ Option on the respective dates on which such switches are sought and the new Units in the Scheme/ Option to which the switch - in is sought will be created at the Applicable NAV of such Scheme/ Option on the respective dates. In case the day on which the transfer is sought is a non business day for the Scheme, the same will be processed on the immediately following business day. Request should be submitted atleast 5 business days before the 1st due date

Appreciation:

Under this option, the Unitholder can seek switch of an amount equal to the periodic appreciation on the investment. This facility is available only under monthly frequency. Under this option the Unit holder switches only proportionate number of Units, which when multiplied by the applicable NAV is, in amount terms equal to the appreciation in the investment over the last month.

The investor has to mention a “Start Date”. The ‘STP Date’ available under this alternative are 1st, 7th, 14th or 21st of the month. The first switch will happen after one month from the start date. In case the investor purchases additional Units, the amount to be switched would be equal to the appreciation

generated on such Units, provided the appreciation is atleast ` 1,000. In the absence of any appreciation

87

or appreciation less than ` 1,000 as mentioned above, the switch under this option will not be made for

that month. The Units in the Scheme/ Option from which the switch - out is sought will be redeemed at the Applicable NAV of the Scheme/ Option on the respective dates on which such switches are sought and the new Units in the Scheme/Option to which the switch - in is sought will be allotted at the Applicable NAV of such Scheme/Plan/Option on the respective dates. In case the day on which the transfer is sought is a non-business day for the Scheme, the same will be processed on the immediately following business day.

Note:

1. 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.

2. The AMC/Trustee reserves the right to terminate the SIP/STP facility without any notice, if the limits prescribed by SEBI for overseas investments are exceeded/ expected to be exceeded. The present limit is US $300 mn for each Mutual Fund.

d. Switching

(i) Inter-Scheme Switching

The Transaction Slip can be used by investors to make inter-scheme switches within the Fund. All valid applications for switch-out shall be treated as Redemption and for switch-in as Purchases with the respective Applicable NAVs of the scheme / option. Please see the section on cut-off timing for the applicable NAV for switches.

(ii) Intra-Scheme Switching

Investors can switch between different options under the Scheme at the Applicable NAV. All valid applications for switch-out shall be treated as Redemption and for switch-in as Purchases with the respective Applicable NAVs of the option. For details on load structure, refer to SECTION I – Highlights/Summary of the Schemes.

Note: For tax implications on switching please see SAI

C. PERIODIC DISCLOSURES

Net Asset Value This is the value per unit of the scheme on a particular day. You can ascertain the value of your investments by multiplying the NAV with your unit balance.

The Market or Fair Value of the Scheme’s investment is dependent on the closing NAV of overseas mutual fund scheme and closing prices of domestic money market instruments in which investments are made.

As the Scheme will primarily invest in overseas mutual fund scheme, there is bound to be difference in time zones as compared to India and this will have an effect on the computation of NAV. The closing values for NAV computation for any given day in India may be available only after the prescribed time limit for declaration of NAV in India. The NAV of PineBridge India - US Equity Fund for any given day shall be determined only when the NAV (for that day) of the overseas scheme in which the Scheme invests is available.

Thus, the NAV for the Scheme for any business day (T day) will be available on the next business day (T+1 day) by -10.00 a.m. and the same shall be

88

posted, on each Business Day, on the AMC’s website - www.pinebridge.inand on the AMFI website - www.amfiindia.com on date of computation of NAV (T+1 day).

Example:-

Assuming that the Scheme is computing NAV for October 10, 2012 i.e. Wednesday. Since the Scheme has invested in the Units of PineBridge US Large Cap Research Enhanced Fund it has to receive the NAV from PineBridge US Large Cap Research Enhanced Fund for October 10, 2012 in order to value its Investments. PineBridge US Large Cap Research Enhanced Fund is expected to send its NAV for October 10, 2012, on the next day i.e. on October 11, 2012. This is primarily because of the difference in geographical time zones. Therefore, PineBridge Mutual Fund will be able to compute the NAV of the Scheme for October 10, 2012 by -10.00 a.m.. IST on October 11, 2012 and the NAV so computed will be the applicable NAV for transactions received on October 10, 2012 before the applicable cut-off time.

Further the NAV of October 10, 2012 will be posted on the websites of AMFI and the AMC on October 11, 2012 by - 10.00 a.m. . IST and the same will be published in the newspaper on the following Business Day i.e., October 12, 2012.

The Fund shall publish on all business days the NAVs, Purchase Price and Redemption Price of the Schemes in at least two daily newspapers having nationwide circulation

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.

The AMC shall disclose the full portfolio (along with ISIN) of the Scheme as on the last day of the month on the website of the AMC on or before the tenth day of the succeeding month in a user-friendly and downloadable format (preferably in a spreadsheet) The AMC will disclose details of the portfolio of the Scheme every 6 months by either sending a complete statement to all the Unit Holders or by publishing such statement, by way of advertisement, in one national English daily newspaper circulating in the whole of India and in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated.

The Fund shall before the expiry of one month from the close of each half year (March 31st and September 30th) host a soft copy of its unaudited financial results on the website of the AMC and that of AMFI and publish an advertisement disclosing the hosting of such financial results on the website. Such advertisement shall be published in one national English daily newspaper circulating in the whole of India and in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated within one month from the end of each half-year.

Half-yearly Results

Annual Report

Associate Transactions

Taxation

(The information is

provided for general

information only.

However, m v1ew

of the individual

nature of the

implications, each

investor is advised

to consult his or her

own tax

advisors/ authorised

dealers with respect

to the specific

amount of tax and

other implications

arising out of his or

her participation m

the Schemes.)

The Mutual Fund and Asset Management Company shall before the expiry of

one month from the close of each half year that is on 31st March and on 3Oth

September, host a soft copy of its unaudited financial results on their website.

The Fund will, not later than four months (i.e. July 31st ) after the close of each financial year (March 31 ), mail to the Unitholders an abridged scheme wise annual report. As an eco-friendly initiative, investors who have provided email IDs would receive the Annual Report I other statutory reports through Electronic Communication I Mode only. The AMC shall continue to make efforts to obtain email addresses of the investors. Where such communication is sent by the AMC to obtain email addresses, it shall specify that annual report I abridged summary shall be sent by email only. However, an investor has an option to request a physical copy. In case such a specific request is received from the Unit holders, the AMC/Fund will provide a physical copy ofthe same.

Physical copy of the schemewise annual report or abridged summary shall be made available to the investors at the registered office of AMC. A link to the scheme annual report or abridged summary shall be displayed prominently on the website of the AMC i.e. www.pinebridge.in.

Please refer to Statement of Additional Information (SAl).

Tax Rate* under the Income Tax TDS Rate under the Income Tax Act, 1961 Act, 1961

90

Residents NRIs/PIOs/OCIs/Q

FIs

FIIs Residents

NRIs/PIOs/OCIs/QFIs/other non FII/ Non

resident

FIIs

Short Term capital Gain

Taxable at normal rates of tax applicable to the

assessee

30% * (u/s

115AD)

NIL

30% for non resident non corporates

NIL

Long Term capital Gain

10% without indexation, or 20% with indexation, whichever is lower (u/s

112)

10%** (u/s

115AD)

NIL 20% NIL

*plus surcharge as applicable:- In the case of a domestic company @5% and in case of every company, other than a domestic company @ 2% (if their total income exceeds rupees 1,00,00,000/-), (No surcharge on firms, co-operative societies, local authorities Individuals/HUFs/BOIs/AOPs and Artificial juridical persons).

“The Finance Bill, 2013 has proposed surcharge, in the case of a domestic company @5% and in case of every company, other than a domestic company @ 2% (if their total income exceeds rupees 1,00,00,000/- but does not exceeds Rs.10,00,00,000) in case of income exceeds Rs.10,00,00,000/- domestic company @10% and other than domestic company @5%, In case of firms, co-operative societies, local authorities Individuals/HUFs/BOIs/AOPs and Artificial juridical persons @ 10%(if their total income exceeds rupees 1,00,00,000/-).

Plus education cess and secondary and higher education cess : 3%

** Capital Gains on redemption of Units held for a period of more than 12 months from the date of allotment.

The Finance (No.2) Act, 2009 has made an amendment to the effect that any income received by any person on behalf of the New Pension System Trust established on 27th day of February, 2008 under the provision of Indian Trust Act of 1882 shall be exempt from Income tax.

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 his Permanent 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:

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(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 at the applicable rate. However, in respect of those Unit Holders who have acquired the Units on the Stock Exchange post listing of units, the Unit Holders would need to provide a certificate from a Chartered Accountant certifying the details of acquisition of Units to the Fund within two days of maturity 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 Investors can enquire about NAVs, Unit Holdings, Valuation, Dividends, etc. or lodge any service request at “1800 200 3444”. Alternately, the investor can call at the AMC branch office as well for any information. In order to protect confidentiality of information, the service representatives may require personal information of the investor for verification of his / her identity. The AMC will at all times endeavour to handle transactions efficiently and to resolve any investor grievances promptly. Investor grievances should be addressed to Investor Services at the AMC branch offices, or CAMS Investor Service Centres. All grievances will then be forwarded to the Registrar, if required, for necessary action. The complaints will closely be followed up with the Registrar and the AMC to ensure timely redressal and prompt investor service. Investors can also address their queries to the Investor Relations Officer, Mr. Nilesh Chonkar, 201, 2nd Floor, Peninsula Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013. Investors may also send their complaints by email to [email protected] or can call on 40930001.

D. COMPUTATION OF NAV

The NAV of the Units of the Scheme will be computed by dividing the net assets of the Scheme by the number of Units outstanding on 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. Please refer to the SAI as well as the AMCs website www.pinebridge.in for the Investment Valuation Norms.

The NAVs of the fund shall be rounded off upto three 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 (`) = (Market or fair value of the scheme’s investments (+) current assets (-) current liabilities and

Provisions) / Number of units outstanding at the end of the day

NAV (`) = Unit Capital + reserves and Surplus / Number of units outstanding at the end of the day

92

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.

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

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SECTION - V. FEES AND EXPENSES

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

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, registrar expenses, printing and stationary, bank charges etc. Entire NFO expenses will be borne by the AMC. In terms of SEBI circular No. SEBI/IMD/CIR No. 11/115723 /08 dated January 31, 2008, schemes are not permitted to charge initial issue expenses to the scheme. Hence, NFO Expenses will not be charged to the Scheme.

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 the AMC, Registrar and Transfer Agents’ fee, marketing and selling costs etc. as given in the table below:

The AMC has estimated that the following percentage of the daily net assets of the scheme will be charged to the scheme as expenses. For the actual current expenses being charged, the investor should refer to the website of the mutual fund. The mutual fund would update the current expense ratios on the website within two working days mentioning the effective date of the change.

Particulars PineBridge India - US Equity Fund

Investment Management & Advisory Fee 0.750

Trustee Fees 0.010

Custody Fees 0.010

Registrar & Transfer Agent Fee 0.120

Marketing & Statutory advertisements 0.050

Selling & Distribution Expenses 0.500

Audit Fees 0.020

Investor Communication Expenses 0.010

Investor Education and Awareness Initiative 0.020

Expenses to Underlying Scheme(s) 1.000

Other expenses* 0.010

Total Expense Ratio (TER) 2.500

*This may include expenses as permitted under the Regulation 52 of SEBI (MF) Regulations like the cost of fund transfer from one location to another (bank charges).

The total expense ratio (TER) of the scheme including the weighted average of charge levied by the underlying schemes shall not exceed 2.50% of the daily net assets of the scheme.

94

The investment management fee for all the plans / options within the same scheme will be the same.

The above expenses are subject to inter-se change and may increase/decrease as per actual and/or any change in the Regulations. These estimates have been made in good faith as per information available to the Investment Manager based on past experience and are subject to change inter-se. Types of expenses charged shall be as per the SEBI (Mutual Funds) Regulations.

In addition to the limits specified in fees and expenses for schemes, the following costs or expenses shall be charged to the scheme;

� Brokerage and transaction costs which are incurred for the purpose of execution of trade and is included in the cost of investment, not exceeding 0.12 per cent in case of cash market transactions.

� An additional Total Expense Ratio (TER) will be charged up to 30 basis points on daily net assets of the scheme, if the new inflows from beyond top 15 cities are at least (a) 30% of gross new inflows in the scheme or (b) 15% of the average assets under management (year to date) of the scheme, whichever is higher.

Provided that if inflows from such cities is less than the higher of sub-clause (a) or sub- clause (b), such expenses on daily net assets of the scheme shall be charged on proportionate basis;

Provided further that expenses charged under this clause shall be utilised for distribution expenses incurred for bringing inflows from such cities;

Provided further that amount incurred as expense on account of inflows from such cities shall be credited back to the scheme in case the said inflows are redeemed within a period of one year from the date of investment.

� Additional expenses, incurred towards different heads mentioned under Recurring Expenses, not exceeding 0.20 per cent of daily net assets of the scheme will be charged by the Mutual Fund

Service Tax on investment and advisory fees:

The Mutual Fund / AMC will charge service tax on investment and advisory fees to the scheme in addition to the maximum limit of TER as prescribed in regulation 52 of the SEBI (Mutual Funds) Regulations, 1996.

Service tax on other than investment management and advisory fees, if any, shall be borne by the scheme within the maximum limit of TER as per Regulation 52 of the SEBI (Mutual Funds) Regulations, 1996.

Distribution expenses, commission, etc will not be charged in case of Direct Plan. The TER of the Direct Plan will be lower by at least 10% vis-à-vis Standard plan. Direct Plan will have a separate NAV.

Investors may note that any expenditure in excess of the said prescribed limit (including brokerage and transaction costs, if any) shall be borne by the AMC or Trustee or Sponsor.

The scheme / AMC shall not have any revenue sharing agreement with the underlying fund.

C. LOAD STRUCTURE

Load is an amount which is paid by the investor to subscribe to the units or to redeem the units from the scheme. Load amounts are variable and are subject to change from time to time. For the current applicable

95

structure, please refer to the website of the AMC (www.pinebridge.in) or may call at 1800 200 3444 or your distributor.

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.

* “In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor”

A switch-out or a withdrawal under SWP will also attract an Exit Load like any Redemption.

For load chargeable on switches made between different options of the Scheme, refer to SECTION I – Highlights/Summary of the Schemes

Units issued on reinvestment of dividends shall not be subject to exit load.

The AMC/Trustee retains the right to change / impose Exit Load / CDSC, subject to SEBI Regulations. Any imposition or enhancement in the load shall be applicable on prospective investments only. However, AMC shall not charge any load on units allotted on reinvestment of dividend for existing as well as prospective investors. At the time of changing the load structure, the AMC may consider the following measures to avoid complaints from investors about investment in the schemes without knowing the loads:

(i) The addendum detailing the changes may be attached to Scheme Information Document and key information memorandum. The addendum may be circulated to all the distributors/brokers so that the same can be attached to all Scheme Information Document and key information memoranda already in stock.

(ii) Arrangements will be made to display the addendum to the Scheme Information Document in the form of a notice in all the investor service centres and distributors/brokers office.

(iii) The introduction of the exit load/ CDSC alongwith the details may be stamped in the acknowledgement slip issued to the investors on submission of the application form and may also be disclosed in the statement of accounts issued after the introduction of such load/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 newspaper published in the language of region where the Head Office of the Mutual Fund is situated.

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

The investor is requested to check the prevailing load structure of the scheme before investing. For any change in load structure AMC will issue an addendum and display it on its website at www.pinebridge.in / Investor Service Centres.

Treatment of Exit Load

Pursuant to SEBI circular dated September 13, 2012, exit load, if any collected by the scheme shall be credited to the Scheme net of service tax.

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D. WAIVER OF ENTRY LOAD

Pursuant to SEBI Circular dated June 30, 2009 no entry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, no entry load will be charged with respect to applications for registrations under systematic investment plans/systematic transfer plans accepted by the Fund with effect from August 01, 2009. The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, based on the investor’s assessment of various factors including service rendered by the ARN Holder.

SECTION VI. RIGHTS OF UNITHOLDERS - Please refer to SAI for details.

SECTION VII. 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.

Particulars PineBridge India - US Equity Fund

Response

1. All disclosures regarding penalties and action(s) taken against foreign Sponsor(s) may be limited to the jurisdiction of the country where the principal activities (in terms of income / revenue) of the Sponsor(s) are carried out or where the headquarters of the Sponsor(s) is situated. Further, only top 10 monetary penalties during the last three years shall be disclosed

Nil

2. In case of Indian Sponsor(s), details of all monetary penalties imposed and/ or action taken during the last three years or pending with any financial regulatory body or governmental authority, against Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company; for irregularities or for violations in the financial services sector, or for defaults 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. Details of all enforcement actions taken by SEBI in the last three years and/ or pending with SEBI for the violation of SEBI Act, 1992 and Rules and Regulations framed there under including debarment and/ or suspension and/ or cancellation and/ or imposition of monetary penalty/adjudication/enquiry proceedings, if any, to which the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of the directors and/ or key personnel (especially the fund managers) of the AMC and Trustee Company were/ are a party. The details of the violation shall also be disclosed.

Nil

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4. Any pending material civil or criminal litigation incidental to the business of the Mutual Fund to which the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of the directors and/ or key personnel are a party should also be disclosed separately.

Nil

5. Any deficiency in the systems and operations of the Sponsor(s) and/ or the AMC and/ or the Board of Trustees/Trustee Company which SEBI has specifically advised to be disclosed in the SID, or which has been notified by any other regulatory agency, shall be disclosed.

Nil

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

For and on behalf of the Board of Directors of

PineBridge Investments Asset Management Company (India) Private Limited (Asset Management Company for the PineBridge Mutual Fund)

Sd/-

Place: Mumbai Siddhartha Singh Date: October 30, 2013 Chief Executive Officer

PineBridge Investments Asset Management Company (India) Private Limited - Investor Service Centres

Ahmedabad: 101, Sampada Complex, Behind A. K. Patel House, Near Mithakali Six Roads, Navrangpura, Ahmedabad - 380009. Phone: 079 6000 0344, 99740 13010. Bangalore: No.33, Unit #11, 1st Floor, Imperial Court, Cunningham Road, Bangalore - 560052. Phone: 080 6000 0344, 41473386. Chennai: Ground Floor, E. L. Heights, No.3, C. M. M. Street, Kodambakkam High Road, Nungambakkam, Chennai - 600034. Phone: 044 6000 0344, 43561946. Mumbai: 203, 2nd Floor, Peninsula Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013, Phone: 022 6000 0344, 40930001. New Delhi: 9th Floor, 9A & 9C, Vandana Building, 11 Tolstoy Marg, Connaught Place, New Delhi - 110001. Phone: 011 6000 0344, 43593204. Pune: 304, Business Guild, Law College Road, Opp. Krishna Dining Hall, Pune - 411004. Phone: 020 6000 0344, 66401000.

CAMS service centres

Agartala: Advisor Chowmuhani (Ground Floor), Krishnanagar, Agartala, Agartala - 799001, Tripura. Agra: No. 8, II Floor, Maruti Tower, Sanjay Place, Agra - 282002, Uttarpradesh. Ahmedabad: 402-406, 4th Floor - Devpath Building, Off C G Road, Behind Lal Bungalow, Ellis Bridge, Ahmedabad - 380 006, Gujarat. Ahmednagar: B, 1+3, Krishna Encloave Complex, Near Hotel Natraj, Nagar-Aurangabad Road, Ahmednagar, Ahmednagar - 414 001, Maharashtra. Ajmer: AMC No. 423/30, Near Church, Brahampuri,Opp T B Hospital, Jaipur Road, Ajmer - 305001, Rajasthan. Akola : Opp. RLT Science College, Civil Lines, Akola - 444001, Maharashtra. Aligarh: City Enclave, Opp. Kumar Nursing Home, Ramghat Road, Aligarh - 202001, Uttar Pradesh. Allahabad: 30/2, A&B, Civil Lines Station, Besides Vishal Mega Mart, Strachey Road, Allahabad - 211001, Uttarpradesh. Alleppey: Doctor’s Tower Building, Door No. 14/2562, 1st floor, North of Iorn Bridge, Near Hotel Arcadia Regency, Alleppey - 688011, Kerala. Alwar: 256A, Scheme No:1, Arya Nagar, Alwar - 301001, Rajasthan. Amaravati : 81, Gulsham Tower, 2nd Floor, Near Panchsheel Talkies, Amaravati - 444601, Maharashtra. Ambala: Opposite PEER, Bal Bhavan Road, Ambala, Ambala - 134003, Haryana. Amritsar: SCO - 18J, ‘C’, BLOCK RANJIT AVENUE, Amritsar - 140001, Punjab. Anand: 101, A.P. Tower, B/H, Sardhar Gunj, Next to Nathwani Chambers, Anand - 388001, Gujarat. Anantapur: 15-570-33, I Floor, Pallavi Towers, Anantapur, Anantapur - 515 001, Andhra Pradesh. Andheri : CTS No 411, Citipoint, Gundivali, Teli Gali, Above C.T. Chatwani Hall, Andheri, Andheri - 400069, Maharashtra. Ankleshwar: Shop No - F -56, First Floor, Omkar Complex, Opp Old Colony,Nr Valia Char Rasta, GIDC, Ankleshwar- Bharuch - 393002, Gujarat. Asansol: Block – G 1st Floor, P C Chatterjee Market Complex, Rambandhu Talab P O Ushagram, Asansol - 713303, West Bengal. Aurangabad : Office No. 1, 1st Floor, Amodi Complex, Juna Bazar, Aurangabad - 431001, Maharashtra. Balasore: B C Sen Road, Balasore - 756001, Orissa. Bangalore: Trade Centre, 1st Floor, 45, Dikensen Road, ( Next to Manipal Centre ), Bangalore - 560 042, Karnataka. Bareilly: F-62-63, Butler Plaza, Civil Lines, Bareilly, Bareilly - 243001, Uttar Pradesh. Basti: Office no 3, Ist Floor, Jamia Shopping Complex ,(Opposite Pandey School), Station Road, Basti - 272002, Uttar Pradesh. Belgaum: 1st Floor, 221/2A/1B, Vaccine Depot Road, Near 2nd Railway gate, Tilakwadi, Belgaum - 590006, Karnataka. Bellary: 60/5, Mullangi Compound, Gandhinagar Main Road, ( Old Gopalswamy Road), Bellary - 583101, Karnataka. Berhampur: First Floor, Upstairs of Aaroon Printers, Gandhi Nagar Main Road, Orissa, Berhampur - 760001, Orissa. Bhagalpur: Krishna, I Floor, Near Mahadev Cinema, Dr.R.P.Road, Bhagalpur, Bhagalpur - 812002, Bihar. Bharuch (parent: Ankleshwar TP): F-108, Rangoli Complex, Station Road, Bharuch, Bharuch - 392001, Gujarat. Bhatinda: 2907 GH,GT Road, Near Zila Parishad, BHATINDA, BHATINDA - 151001, Punjab. Bhavnagar: 305-306, Sterling Point, Waghawadi Road, OPP. HDFC BANK, Bhavnagar - 364002, Gujarat. Bhilai: Shop No. 117,Ground Floor, Khicharia Complex, Opposite IDBI Bank, NehruNagarSquare,Bhilai-490020,Chhattisgarh.Bhilwara: Indraparstha tower, Second floor, Shyam ki sabji mandi, Near Mukharji garden, Bhilwara - 311001, Rajasthan. Bhopal: Plot no 10, 2nd Floor, Alankar Complex, Near ICICI Bank, MP Nagar, Zone II, Bhopal - 462011, Madhya Pradesh. Bhubaneswar: PlotNo-111,VarahaComplexBuilding,3rdFloor,StationSquare,KharvelNagar,Unit3,Bhubaneswar-751001,Orissa.Bhuj: Data Solution, Office No:17, I st Floor, Municipal Building Opp Hotel Prince, Station Road, Bhuj - Kutch - 370001, Gujarat. Bhusawal (Parent: Jalgaon TP): 3, Adelade Apartment, Christain Mohala, Behind Gulshan-E-Iran Hotel, Amardeep Talkies Road, Bhusawal, Bhusawal - 425201, Maharashtra. Bikaner: F 4,5 Bothra Complex, Modern Market, Bikaner, Bikaner - 334001, Rajasthan. Bilaspur: Beside HDFC Bank, Link Road, Bilaspur, Bilaspur - 495 001, Chattisgarh. Bokaro: Mazzanine Floor, F-4, City Centre, Sector 4, Bokaro Steel City, Bokaro - 827004, Jharkhand. Burdwan: 399, G T Road, Basement of Talk of the Town, Burdwan - 713101, West Bengal. Calicut: 29/97G 2nd Floor, Gulf Air Building, Mavoor Road, Arayidathupalam, Calicut - 673016, Kerala. Chandigarh: Deepak Tower, SCO 154-155,1st Floor, Sector 17-C, Chandigarh - 160 017, Punjab. Chennai: Ground Floor No.178/10, Kodambakkam High Road, Opp. Hotel Palmgrove, Nungambakkam, Chennai - 600 034, Tamil Nadu. Chennai (OMR): Ground Floor, 148 Old Mahabalipuram Road, Okkiyam, Thuraipakkam, Chennai - 600097, Tamil Nadu. Chhindwara: Office No - 1, Parasia Road, Near Mehta Colony, Chhindwara - 480 001, Madhya Pradesh. Chittorgarh: 3 Ashok Nagar, Near Heera Vatika, Chittorgarh - 312001, Rajasthan. Cochin: Ittoop’s Imperial Trade Center, Door No. 64/5871 – D, 3rd Floor, M. G. Road (North), Cochin - 682 035, Kerala. Coimbatore: Old # 66 New # 86, Lokamanya Street (West), Ground Floor, R.S.Puram, Coimbatore - 641 002, Tamil Nadu. Cuttack: Near Indian Overseas Bank, Cantonment Road, Mata Math, Cuttack - 753001, Orissa. Darbhanga: Shahi Complex,1st Floor, Near RB Memorial hospital,V.I.P. Road, Benta, Laheriasarai, Darbhanga, Darbhanga - 846001, Bihar. Davenegere: 13, Ist Floor, Akkamahadevi Samaj Complex, Church Road, P.J.Extension, Devengere - 577002, Karnataka. Dehradun: 204/121 Nari Shilp Mandir Marg, Old Connaught Place, Dehradun - 248001, Uttaranchal. Deoghar: S S M Jalan Road, Ground floor, Opp. Hotel Ashoke, Caster Town, Deoghar - 814112, Jharkhand. Dhanbad: Urmila Towers, Room No: 111(1st Floor), Bank More, Dhanbad - 826001, Jharkhand. Dharmapuri : 16A/63A, Pidamaneri Road, Near Indoor Stadium, Dharmapuri, Dharmapuri - 636 701, Tamil Nadu. Dhule : H. No. 1793 / A, J.B. Road, Near Tower Garden, Dhule - 424 001, Maharashtra. Durgapur: City Plaza Building, 3rd floor, City Centre, Durgapur - 713 216, West Bengal. Erode: 197, Seshaiyer Complex, Agraharam Street, Erode - 638001, Tamil Nadu. Faizabad: 64 Cantonment, Near GPO, Faizabad, Faizabad - 224001, Uttar Pradesh. Faridhabad: B-49, Ist Floor, Nehru Ground, Behind Anupam Sweet House, NIT, Faridhabad - 121001, Haryana. Gandhidham: Plot No. 261, 1st Floor, Sector 1A, Om Mandap Galli, Gandhidham - 370 201, Gujarat. Ghaziabad: 113/6 I Floor, Navyug Market, Gazhiabad - 201001, Uttarpradesh. Goa: No.108, 1st Floor, Gurudutta Bldg, Above Weekender, M G Road, Panaji (Goa) - 403 001, Goa. Gondal (Parent Rajkot): A/177, Kailash Complex, Opp. Khedut Decor, GONDAL - 360 311, Gujarat. Gorakhpur: Shop No. 3, Second Floor, The Mall, Cross Road, A.D. Chowk, Bank Road, Gorakhpur - 273001, Uttarpradesh. Gulbarga: Pal Complex, Ist Floor, Opp. City Bus Stop,SuperMarket, Gulbarga, Gulbarga - 585 101, Karnataka. Guntur: Door No 5-38-44, 5/1 BRODIPET, Near Ravi Sankar Hotel, Guntur - 522002, Andhra Pradesh. Gurgaon: SCO - 16, Sector - 14, First floor, Gurgaon - 122001, Haryana. Guwahati: A.K. Azad Road, Rehabari, Guwahati - 781008, Assam. Gwalior: G-6 Global Apartment, Kailash Vihar Colony, Opp. Income Tax Office,City Centre, Gwalior - 474002, Madhya Pradesh. Haldia: 2nd Floor, New Market Complex, 2nd Floor, New Market Complex, Durgachak Post Office,Purba Medinipur District, Haldia, Haldia - 721 602, West Bengal. Haldwani: Durga City Centre, Nainital Road, Haldwani, Haldwani - 263139, Uttarakhand. Hazaribag: Municipal Market, Annanda Chowk, Hazaribagh, Hazaribagh - 825301, Jharkhand. Himmatnagar: D-78 First Floor, New Durga Bazar, Near Railway Crossing, Himmatnagar, Himmatnagar - 383 001, Gujarat. Hisar: 12,Opp.BankofBaroda,RedSquareMarket,Hisar,Hisar- 125001, Haryana. Hoshiarpur : Near Archies Gallery, Shimla Pahari Chowk, Hoshiarpur, Hoshiarpur - 146 001, Punjab. Hosur: No.303, SIPCOT Staff Housing Colony, Hosur - 635 126, Tamil Nadu. Hubli: No.204 - 205, 1st Floor, ‘ B ‘ Block, Kundagol Complex, Opp. Court, Club Road, Hubli - 580029, Karnataka. Hyderabad: 208, II Floor, Jade Arcade, Paradise Circle, Secunderabad - 500 003, Andhra Pradesh. Indore: 101, Shalimar Corporate Centre, 8-B, South tukogunj, Opp.Greenpark, Indore - 452 001, Madhya Pradesh. Jabalpur: 8, Ground Floor, Datt Towers, Behind Commercial Automobiles, Napier Town, Jabalpur - 482001, Madhya Pradesh. Jaipur: R-7, Yudhisthir Marg ,C-Scheme, Behind Ashok Nagar Police Station, Jaipur - 302 001, Rajasthan. Jalandhar: 367/8, Central Town, Opp. Gurudwara Diwan Asthan, Jalandhar - 144001, Punjab. Jalgaon: Rustomji Infotech Services, 70, Navipeth, Opp. Old Bus Stand, Jalgaon - 425001, Maharashtra. Jalna : Shop No 6, Ground Floor, Anand Plaza Complex, Bharat Nagar,Shivaji Putla Road, Jalna, Jalna - 431 203, Maharashtra. Jammu: JRDS Heights, Lane Opp. S&S Computers, Near RBI Building, Sector 14, Nanak Nagar, Jammu - 180004, J &K. Jamnagar: 217/218, Manek Centre, P.N. Marg, Jamnagar - 361008, Gujarat. Jamshedpur: Millennium Tower, “R” Road, Room No:15 First Floor, Bistupur, Jamshedpur - 831001, Jharkhand. Jaunpur : 248, FORT ROAD, Near AMBER HOTEL, Jaunpur - 222001, UTTAR PRADESH. Jhansi: Opp SBI Credit Branch, Babu Lal Kharkana Compound, Gwalior Road, Jhansi - 284001, Uttarpradesh. Jodhpur: 1/5, Nirmal Tower, Ist Chopasani Road, Jodhpur - 342003, Rajasthan. Junagadh: Circle Chowk, Near Choksi Bazar Kaman, Junagadh - 362001, Gujarat. Kadapa: Bandi Subbaramaiah Complex, D.No:3/1718, Shop No: 8, Raja Reddy Street, Kadapa, Kadapa - 516 001, Andhra Pradesh. Kakinada: No.33-1, 44 Sri Sathya Complex, Main Road, Kakinada, Kakinada - 533 001, Andhra Pradesh. Kalyani: A - 1/50, Block - A, Dist Nadia, Kalyani - 741235, West Bengal. Kannur: Room No.14/435, Casa Marina Shopping Centre, Talap, Kannur, Kannur - 670004, Kerala. Kanpur: I Floor 106 to 108, CITY CENTRE Phase II, 63/ 2, THE MALL, Kanpur

- 208 001, Uttarpradesh. Karimnagar: HNo.7-1-257, Upstairs S B H, Mangammathota, Karimnagar, Karimnagar - 505 001, Andhra Pradesh. Karnal (Parent :Panipat TP):, 7, Ist Floor, Opp Bata Showroom, Kunjapura Road, Karnal, Karnal - 132001, Haryana. Karur: 126 G, V.P.Towers, Kovai Road, Basement of Axis Bank, Karur, Karur - 639002, Tamil Nadu. Katni: 1st FLOOR, GURUNANAK DHARMAKANTA, Jabalpur Road, BARGAWAN, KATNI - 483 501, Madhya Pradesh. Kestopur: 148,Jessore Road, Block -B (2nd Floor), Kolkata, Kestopur - 700101, West Bengal. Khammam : Shop No: 11 - 2 - 31/3, 1st floor, Philips Complex, Balajinagar, Wyra Road, Near Baburao Petrol Bunk, KHAMMAM - 507 001, Andhra Pradesh . Kharagpur: H.NO.291/1, WARD NO-15, MALANCHA MAIN ROAD, OPPOSITE UCO BANK, Kharagpur, Kharagpur - 721301, West Bengal. Kolhapur: 2 B, 3rd Floor, Ayodhya Towers, Station Road, Kolhapur - 416001, Maharashtra. Kolkata: Saket Building, 44 Park Street, 2nd Floor, Kolkata - 700016, West Bengal. Kolkata-CC: ,Room No.3A, Commerce House”(4th Floor), Kolkata - 700013, West Bengal. Kollam: Kochupilamoodu Junction, Near VLC, Beach Road, Kollam - 691001, Kerala. Kota: B-33 ‘Kalyan Bhawan, Triangle Part ,Vallabh Nagar, Kota - 324007, Rajasthan. Kottayam: KMC IX / 1331 A, Opp.: Malayala Manorama, Railway Station Road, Thekkummoottil, Kottayam - 686001, Kerala. Kumbakonam: Jailani Complex, 47, Mutt Street, Kumbakonam - 612001, Tamil Nadu. Kurnool: H.No.43/8, Upstairs, Uppini Arcade, N R Peta, Kurnool, Kurnool - 518 004, Andhra Pradesh. Lucknow: Off # 4,1st Floor,Centre Court Building, 3/c, 5 - Park Road, Hazratganj, Lucknow - 226 001, Uttarpradesh. Ludhiana: U/ GF, Prince Market, Green Field, Near Traffic Lights, Sarabha Nagar Pulli, Pakhowal Road, Ludhiana - 141 002, Punjab. Madurai: Ist Floor,278, North Perumal Maistry street, Nadar Lane, Madurai - 625 001, Tamil Nadu. Malda: Daxhinapan Abasan, Opp Lane of Hotel Kalinga, SM Pally, Malda, Malda - 732 101, West Bengal. Mangalore: No. G 4 & G 5, Inland Monarch, Opp. Karnataka Bank, Kadri Main Road, Kadri, Mangalore - 575 003, Karnataka. Manipal: Basement floor, Academy Tower, Opposite Corporation Bank, Manipal - 576104, Karnataka. Mapusa (Parent ISC : Goa): Office no.CF-8, 1st Floor, Business Point, Above Bicholim Urban Co-op Bank, Angod, Mapusa, Mapusa - 403 507, Goa. Margao: Virginkar Chambers I Floor, Near Kamath Milan Hotel, New Market, Near Lily Garments, Old Station Road, Margao, Margao - 403 601, Goa. Mathura: 159/160 Vikas Bazar, Mathura - 281001, Uttarpradesh. Meerut: 108 Ist Floor Shivam Plaza, Opposite Eves Cinema, Hapur Road, Meerut - 250002, Uttarpradesh. Mehsana: 1st Floor, Subhadra Complex, Urban Bank Road, Mehsana, Mehsana - 384 002, Gujarat. Moga: Gandhi Road, Opp Union Bank of India, Moga, Moga - 142001, Punjab. Moradabad: B-612 ‘Sudhakar’, Lajpat Nagar, Moradabad - 244001, Uttarpradesh. Mumbai: Rajabahdur Compound, Ground Floor, Opp Allahabad Bank, Behind ICICI Bank, 30, Mumbai Samachar Marg, Fort, Mumbai - 400 023, Maharashtra. Muzzafarpur: Brahman toli, Durgasthan, Gola Road, Muzaffarpur - 842001, Bihar. Mysore: No.1, 1st Floor, CH.26 7th Main, 5th Cross, Saraswati Puram, Mysore - 570009, Karnataka. Nadiad (Parent TP: Anand TP): 8, Ravi Kiran Complex, Ground Floor Nanakumbhnath Road, Nadiad, Nadiad - 387001, Gujarat. Nagpur: 145 Lendra, New Ramdaspeth, Nagpur - 440 010, Maharashtra. Namakkal: 156A / 1, First Floor, Lakshmi Vilas Building, Opp. To District Registrar Office, Trichy Road, Namakkal, Namakkal - 637001, Tamil Nadu. Nasik: Ruturang Bungalow, 2 Godavari Colony, Behind Big Bazar, Near Boys Town School, Off College Road, Nasik - 422005, Maharashtra. Navsari: 16, 1st Floor, Shivani Park, Opp. Shankheswar Complex, Kaliawadi, Navasari - 396 445, Gujarat. Nellore: 97/56, I Floor Immadisetty Towers, Ranganayakulapet Road, Santhapet, Nellore - 524001, Andhra Pradesh. New Delhi : 7-E, 4th Floor, Deen Dayaal Research Institute Building, Swami Ram Tirath Nagar, Near Videocon Tower Jhandewalan Extension, New Delhi - 110 055, New Delhi. New Delhi-CC: 23, Barakhamba Road, Connaught Place, New Delhi - 110 001, New Delhi . Noida: C-81,1st floor, Sector - 2, Noida - 201301, . Palakkad: 10 / 688, Sreedevi Residency, Mettupalayam Street, Palakkad, Palakkad - 678 001, Kerala. Palanpur: 3rd Floor, T - 11, Opp.Goverment Quarter, College Road, Palanpur, Palanpur - 385001, Gujarat. Panipat: 83, Devi Lal Shopping Complex, Opp ABN Amro Bank, G.T.Road, Panipat - 132103, Haryana. Patiala: 35, New lal Bagh Colony, Patiala - 147001, Punjab. Patna: G-3, Ground Floor, Om Vihar Complex, SP Verma Road, Patna - 800 001, Bihar. Pondicherry: S-8, 100, Jawaharlal Nehru Street, (New Complex, Opp. Indian Coffee House), Pondicherry - 605001, Pondicherry. Pune: Nirmiti Eminence, Off No. 6, I Floor, Opp Abhishek Hotel Mehandale Garage Road, Erandawane, Pune - 411 004, Maharashtra. Rae Bareli: 17, Anand Nagar Complex, Rae Bareli, Rae Bareli - 229001, Uttar Pradesh. Raipur: HIG,C-23, Sector - 1, Devendra Nagar, Raipur - 492004, Chhattisgarh. Rajahmundry: Door No: 6-2-12, 1st Floor,Rajeswari Nilayam, Near Vamsikrishna Hospital, Nyapathi Vari Street, T Nagar, Rajahmundry - 533 101, Andhra Pradesh. Rajapalayam: No 59 A/1, Railway Feeder Road, Near Railway Station, Rajapalayam, Rajapalayam - 626117, Tamil Nadu. Rajkot: Office 207 - 210, Everest Building, Harihar Chowk, Opp Shastri Maidan, Limda Chowk, Rajkot - 360001, Gujarat. Ranchi: 4, HB Road, No: 206, 2nd Floor Shri Lok Complex, H B Road Near Firayalal, Ranchi - 834001, Jharkhand. Ratlam: Dafria & Co, 18, Ram Bagh, Near Scholar’s School, Ratlam - 457001, Madhya Pradesh. Ratnagiri: Kohinoor Complex, Near Natya Theatre, Nachane Road, Ratnagiri, Ratnagiri - 415 639, Maharashtra. Rohtak: 205, 2ND Floor, Blg. No. 2, Munjal Complex, Delhi Road, Rohtak - 124001, Haryana. Roorkee: 22 CIVIL LINES GROUND FLOOR, HOTEL KRISH RESIDENCY, Roorkee, Roorkee - 247667, Uttarakhand. Rourkela: 1st Floor, Mangal Bhawan, Phase II, Power House Road, Rourkela - 769001, Orissa. Sagar: Opp. Somani Automobiles, Bhagwanganj, Sagar, Sagar - 470 002, Madhya Pradesh. Saharanpur: I Floor, Krishna Complex, Opp. Hathi Gate, Court Road, Saharanpur, Saharanpur - 247001, Uttar Pradesh. Salem: No.2, I Floor Vivekananda Street, New Fairlands, Salem - 636016, Tamil Nadu. Sambalpur: C/o Raj Tibrewal & Associates, Opp.Town High School,Sansarak, Sambalpur - 768001, Orissa. Sangli : Diwan Niketan, 313, Radhakrishna Vasahat, Opp. Hotel Suruchi, Near S.T. Stand, Sangli, Sangli - 416416, Maharashtra. Satara: 117 / A / 3 / 22, Shukrawar Peth, Sargam Apartment, Satara - 415002, Maharashtra. Shahjahanpur: Bijlipura, Near Old Distt Hospital, Near Old Distt Hospital, Shahjahanpur - 242001, Uttar Pradesh. Shimla: I Floor, Opp. Panchayat Bhawan Main gate, Bus stand, Shimla, Shimla - 171001, Himachal Pradesh. Shimoga: Nethravathi, Near Gutti Nursing Home, Kuvempu Road, Shimoga, Shimoga - 577 201, Karnataka. Siliguri: No 7, Swamiji Sarani, Ground Floor, Ground Floor, Hakimpara, Siliguri - 734001, West Bengal. Sirsa: Beside Overbridge, Next to Nissan car showroom, Hissar Road, Sirsa, Sirsa - 125055, Haryana . Sitapur: Arya Nagar, Near Arya Kanya School, Sitapur, Sitapur - 261001, Uttar Pradesh. Solan : 1st Floor, Above Sharma General Store, Near Sanki Rest house, The Mall, Solan, Solan - 173 212, Himachal Pradesh. Solapur: Flat No 109, 1st Floor, A Wing, Kalyani Tower, 126 Siddheshwar Peth, Near Pangal High School, Solapur - 413001, Maharashtra. Sriganganagar: 18 L Block, Sri Ganganagar, Sri Ganganagar - 335001, Rajasthan. Srikakulam: Door No 4-4-96, First Floor., Vijaya Ganapathi Temple Back Side, Nanubala Street, Srikakulam - 532 001, Andhra Pradesh. Sultanpur: 967, Civil Lines, Near Pant Stadium, Sultanpur - 228 001, Uttar Pradesh. Surat: Plot No.629,2nd Floor, Office No.2-C/2-D, Mansukhlal Tower, Beside Seventh Day Hospital, Opp.Dhiraj Sons, Athwalines, Surat - 395 001, Gujarat. Surendranagar: 2 M I Park, Near Commerce College, Wadhwan City, Surendranagar, Surendranagar - 363035, Gujarat. Thane: 3rd Floor, Nalanda Chambers, “B” Wing, Gokhale Road,Near Hanuman Temple, Naupada, Thane - 400 602, Maharashtra. Thiruppur: 1(1), Binny Compound, II Street, Kumaran Road, Thiruppur - 641601, Tamil Nadu. Thiruvalla: Central Tower, Above Indian Bank, Cross Junction, Thiruvalla - 689101, Kerala. Tinsukia: Dhawal Complex, Ground Floor, Durgabari, Rangagora Road,Near Dena Bank, Tinsukia - 786125, Assam. Tirunelveli: 1 Floor, Mano Prema Complex, 182 / 6, S.N High Road, Tirunelveli - 627001, Tamil Nadu. Tirupathi: Door No : 18-1-597, Near Chandana Ramesh Showroom, Bhavani Nagar, Tirumala Byepass Road, Tirupathi - 517 501, Andhra Pradesh. Trichur: Room No. 26 & 27, DEE PEE PLAZA, Kokkalai, Trichur - 680001, Kerala. Trichy: No 8, I Floor, 8th Cross West Extn, Thillainagar, Trichy - 620018, Tamil Nadu. Trivandrum: R S Complex, Opposite of LIC Building, Pattom PO, Trivandrum - 695004, Kerala. Tuticorin: Ground Floor, Mani Nagar, Tuticorin, Tuticorin, Tuticorin - 628 003, Tamil Nadu. Udaipur: 32 Ahinsapuri, Fatehpura Circle, Udaipur - 313004, Rajasthan. Ujjain :, 123, 1st Floor, Siddhi Vinanyaka Trade Centre, Saheed Park, Ujjain - 456 010, Madhya Pradesh. Unjha (Parent: Mehsana): 10/11, Maruti Complex, Opp. B R Marbles, Highway Road, Unjha, Unjha - 384 170, Gujarat. Vadodara: 103 Aries Complex, BPC Road, Off R.C. Dutt Road, Alkapuri, Vadodara - 390 007, Gujarat. Valsad: 3rd floor, Gita Nivas, opp Head Post Office, Halar Cross Lane, Valsad - 396001, Gujarat. Vapi: 215-216, Heena Arcade, Opp. Tirupati Tower, Near G.I.D.C, Char Rasta, Vapi, Vapi - 396195, Gujarat. Varanasi: C-28/142-2A, Near Teliya Bagh Crossing, Teliya Bagh, Varanasi - 221002, Uttarpradesh. Vaso(Parent Goa): No DU 8, Upper Ground Floor, Behind Techoclean Clinic, Suvidha Complex, Near ICICI Bank, Vasco da gama - 403802, . Vellore: No.1, Officer’s Line, 2nd Floor, MNR Arcade, Opp. ICICI Bank, Krishna Nagar, Vellore - 632 001, Tamil Nadu. Vijayawada: 40-1-68, Rao & Ratnam Complex, Near Chennupati Petrol Pump, M.G Road, Labbipet, Vijayawada - 520 010, Andhra Pradesh. Visakhapatnam: 47/ 9 / 17, 1st Floor, 3rd Lane, Dwaraka Nagar, Visakhapatnam - 530 016, Andhra Pradesh. Warangal: A.B.K Mall, Near Old Bus Depot road, BVSS Mayuri Complex, F-7, Ist Floor, Ramnagar, Hanamkonda, Warangal - 506001, Andhra Pradesh. Yamuna Nagar: 124-B/R Model Town, Yamunanagar, Yamuna Nagar - 135 001, Haryana. Yavatmal: Pushpam, Tilakwadi, Opp. Dr. Shrotri Hospital, Yavatma, Yavatma - 445 001, Maharashtra

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