Mutual Fund Ratings: January 2011

Fund Name	Risk	Return	Rating
HDFC Prudence	Low	Above Average	*****
HDFC Top 200	Average	Very High	*****
DSPBR Balanced	Very Low	Below Average	*****
Canara Robeco Balance	Below Average	Average	*****
DSPBR Top 100 Equity Reg	Average	High	*****
Birla Sunlife Frontline Equity	Above Average	High	*****
Birla Sunlife 95	Below Average	Below Average	****
DSPBR Equity	High	Very High	****
HDFC Growth	Above Average	Above Average	****
Magnum Balanced	Below Average	Below Average	****
Tata Balanced	Average	Below Average	****
Franklin India Prima Plus	Above Average	Above Average	****
HDFC Equity	Above Average	High	****
FT India Life Stage FoF 20s	Low	Low	****
FT India Balanced	Low	Low	****
ICICI Prudential Dynamic	High	High	****
Sahara Growth	Above Average	Above Average	****
Kotak Balance	Below Average	Low	****
HDFC Balanced	Low	Very Low	****
HDFC Index Sensex Plus	Average	Average	****
ICICI Prudential Advisor-Aggressive	Very Low	Very Low	***
Magnum Contra	High	High	***
Tata Pure Equity	High	Above Average	***
Reliance Growth	Very High	Very High	***
Kotak 30	Above Average	Average	***
Franklin India Bluechip	High	Above Average	***
Sundaram Balanced Reg	Below Average	Very Low	***
HSBC Equity	Above Average	Below Average	***
Magnum Multiplier Plus	Very High	Above Average	***
Sundaram Select Midcap Reg	Very High	High	***
Baroda Pioneer Growth	High	Above Average	***
HDFC Children's Gift-Inv	Below Average	Very Low	***
UTI Equity	Average	Low	***
UTI Balanced	Low	Very Low	***
Birla Sunlife MNC	Average	Low	***
Sundaram Select Focus Reg	High	Average	***
UTI MNC	Average	Very Low	***
Birla Sunlife Buy India	Above Average	Below Average	***
DSPBR Opportunities	High	Average	***
Reliance Vision	High	Average	**
DWS Alpha Equity Regular	High	Average	**
ICICI Prudential Balanced	Below Average	Very Low	**
ING Balanced	Below Average	Unacceptable	**
Escorts Balanced	Average	Very Low	**
ICICI Prudential Growth	Above Average	Below Average	**
Principal Balanced	Average	Very Low	**
Templeton India Growth	High	Average	**
ICICI Prudential Advisor-Very Aggressive	Above Average	Low	**
Birla Sunlife Dividend Yield Plus	Above Average	Low	**
Magnum Equity	Very High	Average	**
Birla Sunlife Equity	Very High	Average	**
Birla Sunlife Mid Cap Plan A	Very High	Above Average	**
HDFC Capital Builder	Very High	Below Average	**
UTI Mastershare	Above Average	Low	**
Canara Robeco Equity Diversified	Very High	Below Average	**
ING Core Equity	High	Low	**
ICICI Prudential Power	Very High	Below Average	**
LICMF ULIS	Average	Unacceptable	**
LICMF Balanced	Above Average	Unacceptable	**
Baroda Pioneer Balance	Average	Unacceptable	**
Magnum Global	Unacceptable	Below Average	**
UTI Master Plus '91	Very High	Very Low	**
L&T Opportunities	Unacceptable	Below Average	**
ICICI Prudential ChildCare-Gift	High	Unacceptable	*
Sundaram Growth Reg	Very High	Low	*
Tata Equity Opportunities	Unacceptable	Low	*
Escorts Growth	Very High	Very Low	*
LICMF Sensex Advantage	High	Unacceptable	*
Taurus Starshare	Unacceptable	Below Average	*
Birla Sunlife Basic Industries	Unacceptable	Low	*
Birla Sunlife Advantage	Very High	Very Low	*
Tata Select Equity	Unacceptable	Low	*
Morgan Stanley Growth	Very High	Very Low	*
UTI Services Industries	Very High	Unacceptable	*
UTI Master Value	Unacceptable	Very Low	*
L&T Growth	Very High	Very Low	*
JM Balanced	High	Unacceptable	*
Tata Growth	Unacceptable	Very Low	*
Birla Sunlife India Opportunities	Very High	Unacceptable	*
Franklin India Prima	Unacceptable	Very Low	*
Taurus Bonanza	Unacceptable	Very Low	*
LICMF Growth	Very High	Unacceptable	*
Principal Growth	Unacceptable	Unacceptable	*
JM Equity	Unacceptable	Unacceptable	*
LICMF Equity	Unacceptable	Unacceptable	*
Taurus Discovery	Unacceptable	Unacceptable	*

1. Principal Resurgent India Equity Fund has been merged with the Principal Growth Fund.
2. The follwing 4 funds are treated as "aggressive" debt-oriented hybrid funds rather than as equity-oriented ones: Birla Sun Life Freedom, FT India Life Stage FoF 30s, ICICI Prudential Advisor-Moderate and Principal Child Benefit.