TATA INFRASTRUCTURE FUND

Fund positioning: Invests predominantly in companies with potential of creating long term value from expected investments in infrastructure oriented sectors.

Total Net Assets as on 31/07/06 (Rs Lacs) : 77648.46 Portfolio as on 31/07/06

Scrip Name
Name Mkt. Value % To Net
(Rs. Lacs) Assets
Fund Essentials Banks 364.52 0.47
Date of Allotment December 31, 2004 State Bank Of India 364.52 0.47
Minimum Investment Rs. 5000/- Cement 14,655.22 18.87
Entry Load < Rs. 2 Cr: 2.25%; >= Rs.2 Cr: Nil A.C.C. 3,558.35 4.58
Exit Load Nil Grasim Industries Ltd. 3,074.79 3.96
Gujarat Ambuja Cements Ltd 2,363.19 3.04
For SIP Load Structure please refer Page 30
Madras Cements 1,988.82 2.56
Shree Cement Limited 1,611.98 2.08
Birla Corporation Limited 985.34 1.27
Performance at a Glance (%) - CAGR
Ultratech Cemco Limited 771.55 0.99
Since Inception Last 1 Year Mysore Cements Ltd. 301.20 0.39
Construction Materials 301.89 0.39
42.75 46.75
D.S.Kulkarni Devlopers Limited 301.89 0.39
Past Performance of the Scheme may or may not be sustained in future. Returns are given for growth option. Benchmark Return Construction 11,161.80 14.39
(SENSEX) Last 1 year 40.71%, Since Inception 36.07%. Unitech Ltd 2,994.42 3.86
Nagarjuna Construction Co Ltd 1,512.20 1.95
IVRCL Infrastructures & Project Ltd 1,432.90 1.85
NAV Details Gammon India Limited 1,310.74 1.69
Jai Prakash Associates Limited 1,015.38 1.31
NAV as on NAV as on Hindustan Construction Co.Ltd 1,008.83 1.30
31/07/06 (Rs.) 31/07/05 (Rs.) Simplex Concrete Piles ( India ) Li 940.28 1.21
Dividend Option 16.8912 11.5069 Punj Llyod Limited 471.39 0.61
Mahindra Gesco Developers Ltd 425.68 0.55
Appreciation Option 17.554 11.9617 Valecha Engineering Limited 49.98 0.06
Consumer Durables 2,215.55 2.86
Voltas Limited 2,180.22 2.81
Lloyd Electric & Engineering Ltd 35.34 0.05
Dredging 785.07 1.01
Dividend History (Dividend Option) Dredging Corp Of India Ltd. 785.07 1.01
Dividend (%) Per unit value (on face value of Rs. 10/-) NAV (Rs.) (Date of Declaration of dividend) Ferrous Metals 2,815.15 3.63
4.50 0.45 11.4230 (7/7/2005) Tata Iron & Steel Co. Ltd. 1,097.93 1.41
Monnet Ispat Inds. 487.05 0.63
Sesa Goa Ltd 437.38 0.56
Welspun Gujarat Stahl Rohren Ltd 345.77 0.45
Jindal Saw Limited 339.87 0.44
PSL Limited 107.15 0.14
Industrial Capital Goods 21,687.91 27.94
Sectoral Allocation Bharat Heavy Electricals Ltd. 3,998.87 5.15
Siemens India Ltd 3,900.61 5.02
Larsen & Toubro Ltd. 3,508.45 4.52
Construction Materials 0.39 Crompton Greaves Ltd 2,165.83 2.79
Banks 0.47 ABB Ltd 1,919.36 2.47
Thermax Limited 1,441.60 1.86
Dredging 1.01
Bharat Electronics Ltd. 1,433.90 1.85
Transportation 1.19 Bharati Shipyard Limited 1,194.94 1.54
Oil 1.42 Bharat Earth Movers Ltd. 1,019.36 1.31
Consumer Durables 2.86 Jyoti Structures Ltd. 850.96 1.10
Emco Ltd 254.04 0.33
Telecom - Services 3.31
Industrial Products 3,842.56 4.96
Petroleum Products 3.63 KSB Pumps Ltd. 1,075.91 1.39
Ferrous Metals 3.63 Greaves Limited 1,018.22 1.31
Non - Ferrous Metals 3.99 Kirloskar Brothers Ltd 656.41 0.85
Industrial Products 4.96 Finolex Cables Limited 627.96 0.81
Kirloskar Oil Engines Ltd. 464.06 0.60
Power 7.09 Non - Ferrous Metals 3,104.08 3.99
Construction 14.39 Sterlite Industries (I) Ltd 1,682.83 2.17
Cement 18.87 Hindalco Industries Ltd 889.69 1.14
Industrial Capital Goods 27.94 Hindustan Zinc Limited 531.56 0.68
Oil 1,105.21 1.42
0.00 10.00 20.00 30.00 Oil & Natu. Gas Co. 1,105.21 1.42
Petroleum Products 2,813.80 3.63
Reliance Industries Ltd. 2,055.90 2.65
H.P.C.L. 757.90 0.98
Asset Allocation Power 5,512.07 7.09
National Thermal Power Corp 1,832.48 2.36
(Rs. In Lacs) Reliance Energy Limited 1,298.90 1.67
Equity 73,856.73 KEC International Ltd 1,198.46 1.54
CESC Limited 1,182.24 1.52
Cash, Others 3,791.73 Telecom - Services 2,568.38 3.31
Total Net Assets 77,648.46 Reliance Communication Ventures Ltd 1,497.68 1.93
Tata Tele Services(Maharashtra)Ltd 719.95 0.93
Mahanagar Telephone Nigam Ltd. 350.75 0.45
Transportation 923.52 1.19
Great Eastern Shipping Co. Ltd. 923.52 1.19
Total 73,856.73 95.15

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