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DWS Investments Pulse DWS Investment Opportunity Fund

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                                                   DWS Investments Pulse

                                                   Fund Fact Sheet, September 2009


                                    Best Diversified Equity Scheme
                                                                                                                                      $$
                      CNBC TV 18 – CRISIL Mutual Fund of the Year Award 2009



     DWS Investment Opportunity Fund
     An open-ended dynamic allocation scheme
     that captures opportunities across market capitalization.

     Past performance is no guarantee of future results.




          Rewards of investing in an Award Winning Fund
         DWS Investment Opportunity Fund
                  Rs. 1,00,000                                                Grown to                                   Rs. 3,40,000
                invested on 29th January 2004                                                                              on 30th September 2009



         BSE 200
                                                                                  Grown to
                      Rs. 1,00,000                                                                                           Rs. 2,88,893
                  invested on 29th January 2004                                                                              on 30th September 2009




                          DWS Investment Opportunity Fund has                                   outperformed
                               the benchmark - BSE 200 by                                   27.06% since inception.
 The above returns are absolute. Past performance may or may not be sustained in future. Performance is of DWS Investment Opportunity Fund – Regular
 Plan – Growth Option
$$
     For fund details please refer to page 4; For Standard Risk Factors, Ranking Methodology and Disclaimer please refer last page.
                                                     Market Review
Details as on September 30, 2009

Equity
The market that was…
Equity market in India resumed its upward rally in the month of September after a pause in the previous month. The rally was broad based with most sectors posting gains. The NSE50 rose by 7.4% during
the month. The BSE Midcap and BSE Smallcap indices gained 7.5% and 8.5% respectively. Globally, most markets including US and Europe ended in positive territory. India was the best performing emerging
market for the month. Institutional activity remained strong with many QIPs getting completed during the month. FIIs were strong net buyers of USD 4.1 Bn while DIIs were buyers to the extent of USD 584
Mn. The Rupee strengthened by 1.6% during the month. Pharmaceuticals sector was the best performing sector for the month after a long time. Other sectors outperforming strongly were Materials, Financials
and Consumer Discretionary. Consumer Staples and Utilities were two sectors that underperformed strongly during the month. Inflation as measured by the WPI returned to positive territory after many
months.

Fund Manager's view
The continuous rise in the markets in the past six months has largely been due to the return of risk appetite in global markets. The rally in western markets is based on "The worst is over" and on a gradual
return to growth in the next year. This has led to an increase in FII investments into emerging markets and India has not been an exception. Year to date, FII net inflows into India stand at USD 12 Bn. A notable
difference in the inflows this time is that a significant part of the inflows has gone into QIPs and not into the secondary market. This highlights the attractiveness of Indian companies to institutional investors.
If the global environment for equity markets continues to remain stable, then it is quite likely that there could be higher inflows into the secondary markets as well.
The rise in equities has led to some concerns on valuation levels. The current valuations factor in higher growth rate in earnings for the year ending FY11. Assuming an EPS of Rs 1100 in FY11 for the BSE Sensex,
the Sensex would be trading at a P/E multiple of 15.5X which does not indicate stretched valuations. Recovery in agriculture and higher industrial production could indeed lead to strong earnings growth
for the next financial year and thus make these numbers achievable. However, in the near term, investors would tend to seek higher level of confidence in these numbers. A strong results season would lead
to earnings upgrades and could assuage concerns on valuation levels to an extent. Hence, the October results season is likely to give important direction to the markets.




Debt
Fixed Income Market
                                        Dec-08 Aug-09           Sep-09 YTD Change RBI has maintained a status quo on rates, though it has voiced concerns on the expected rise in inflation in the coming
10 yr GOI yield                           5.26%       7.43%        7.15%              1.89%    months. With drought in several parts of the country expected to depress economic growth in the current fiscal, it is
                                                                                               expected that RBI may continue with the accommodative monetary policy for some more time. RBI also came out with
1 yr CD                                   8.30%       5.80%        5.65%             -2.65%
                                                                                               draft guidelines on repoability in corporate bonds, which should help deepen the corporate bond market.
Overnight rate (NSE MIBOR)                5.27%       3.29%        3.33%             -1.94%
WPI                                       6.38%      -0.95%        0.37%             -6.01%    Systemic liquidity remains ample, with banks parking on an average of Rs.120,000 Crore with RBI, on a daily basis, at the
                                                                                               reverse repo window. Money market rates remained range-bound on investor concerns of expected rise in inflation (on
INR/USD                                  48.8025      48.825        48.11              -0.69
                                                                                               back of rising commodities/food prices). Muted buying interest by mutual funds on quarter end considerations, also
Excess Liquidity (crore)                  47,350     121365        60760              13,410   added to the lackluster markets. The yield on money market instruments went down marginally.
5 Yr AAA spread                              350         139          138               -212
                                                                                   The government bonds recovered from the severe beating taken in the previous month, on announcement by the RBI, that
US 10 Yr yield                            2.21%       3.40%        3.30%              1.09%
                                                                                   it was considering increase in the limit of held-to-maturity (HTM) portfolio of banks. In the HTM portfolio, banks do not
Source: RBI WSS & Bloomberg                                                        have to mark-to-market their bond holdings. Banks are the largest buyers of government securities and such a move could
                                                                                   be positive for the market. The completion of the huge first half borrowing (government completed around 72% of the
budgeted borrowing), coupled with the announcement that it would stick to its budgeted borrowing of Rs. 128,000 Crore for the second half, added to the comfort of the market. The second half borrowing
is expected to be completed through Rs123,000 Crore of market borrowing and unwinding of Rs.5000 Crore of MSS (Market Stabilisation Bonds). As per the indicative calendar, this market borrowing would
be completed by 1st week of February 2010. Yield on 10 year government bond came down by about 25 bps. Corporate bonds also moved in tandem with gilts, and their yields also trended downward.
WPI Inflation turned positive in the month and printed +0.37% for week ended 12th September 2009. WPI inflation is expected to rise in the coming months as high levels of food prices are expected to persist
on account of drought in several parts of the country.
The foreign exchange market continued to rise, supported by the buoyant equity markets. The foreign exchange reserves were USD 279.9 billion as on Sep 25, 2009 as compared to USD 271.96 billion as on
Aug 21, 2009.

Global Backdrop
Leading Central Banks have acknowledged that global recession seems to be over, and that there is stabilization/signs of recovery in the developed world. With most central banks maintaining status quo
on historically low rates, there seems to be consensus that the ultra-loose monetary policy may need to be continue for some more time. In its policy statement the Federal Reserve noted that "The Committee
will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period."
Further, with global inflation expectations still subdued, the outlook on any exit strategies is still uncertain.

Outlook
External sector continued to be a challenge, with exports and imports contracting by 19.4% and 32.4%, respectively, in August 2009. Though the pace of contraction has slowed down, the continued de- growth
in exports and imports is a reflection of the still anemic growth in the rest of the world. Inflation continues to remain a concern, though RBI has indicated that it would not exit from the accommodative monetary
policy till the economy is on a firm footing. The expected slowdown in agriculture growth due to weak monsoons would also support the extension of easy money conditions for some more time.
A substantial portion of government borrowing has been completed by September end, and the supply will be relatively less in the coming months. Credit growth continues to be anemic, with the latest
figure showing a measly growth of 13.2% (YoY). Further, RBI is considering an increase in the HTM limit for banks. This should increase the appetite of banks for government bonds.
In the medium term we are positive on bonds, and will manage our portfolios actively to take advantage of the yield movements.

Portfolio Actions
During the month, we have marginally increased the portfolio maturity.




    The views of the Fund Manager should not be construed as an advice and investors must make their own investment decisions regarding suitability of the funds based on their specific investment
    objectives and financial positions and using such independent advisors as they believe necessary.


2
                                                                 DWS Alpha Equity Fund
     Best performing Mutual Fund of the Year
    ‘Large Cap Oriented Equity Schemes’$$                                                                                                                                                 Details as on September 30, 2009
 Past performance is no guarantee of future results

  PORTFOLIO ( Top Ten Holdings)                                                                            DIVIDEND HISTORY                                                              Fund Objective:
   Issuer                                                                 Market Value      % to Net            Record Date         Dividend per unit (Rs.)#              NAV (Rs.)       An open-ended equity scheme with the
                                                                                (Lacs)       Assets             24-Jan-05                    2.00                          14.53          objective to generate long-term capital
  Banks                                                                        2826.71         14.78            26-Sep-05                    5.00                          17.47          growth from investment in a diversified
 ICICI Bank                                                                    800.75          4.19                                                                                      portfolio of equity and equity related
                                                                                                                10-Jan-06                    2.50                          13.04
 HDFC Bank                                                                     632.27          3.31                                                                                      securities.
  State Bank of India                                                           614.80          3.21            29-Dec-06                    3.50                          18.87
  Bank of Baroda                                                                414.86          2.17            25-Jan-08                    4.00                          22.61          Fund Manager’s Report:
  ING Vysya Bank                                                                364.04          1.90        #
                                                                                                              On face value of Rs. 10.                                                    Increased weightage in Banks, Software,
  Construction Project                                                         1672.96          8.75        Post Dividend per unit NAV will fall to the extent of the                     Ferrous Metals, Pharma and Consumer
 Larsen and Toubro                                                            1296.06          6.78
                                                                                                            payout and applicable tax/surcharges/cess/other statutory                     Non-Durables. Decreased weightage in
  Punj Lloyd                                                                    376.89          1.97
                                                                                                            levies. Dividend distribution is subject to availability of                   Textiles, Telecom and Power.
  Petroleum Products                                                           1668.05          8.72        distributable surplus.
 Reliance Industries                                                          1668.05          8.72
                                                                                                                                                                                          Benchmark:
  Oil                                                                          1241.68          6.49        FUND PERFORMANCE (%)
 Cairn India                                                                   890.29          4.66                                                                                      NSE Nifty
                                                                                                            Regular Plan
  Oil and Natural Gas Corporation                                               351.39          1.84
  Software                                                                     1180.50          6.17                                                     Scheme           Benchmark       Inception Date:
 Infosys Technologies                                                          807.94          4.22                                                                                      Regular Plan: 21st January, 2003




                                                                                                                                                                                  33.78
  Patni Computer Systems                                                        372.56          1.95                                                                                      Wealth Plan*: 27th April, 2009




                                                                                                                                      29.65
                                                                                                                                     26.49




                                                                                                                                                                              26.07
                                                                                                                                                              26.14
  Consumer Non Durables                                                        1101.53          5.76




                                                                                                                                                             23.82
                                                                                                                                                                                          Fund Manager:

                                                                                                                            19.30
  ITC                                                                          1101.53          5.76



                                                                                                                            18.48




                                                                                                                                                    14.29
  Industrial Capital Goods                                                     1092.82          5.71




                                                                                                                                                   12.29
                                                                                                                                                                                          Aniket Inamdar
 Bharat Heavy Electricals
                                                                                                                  9.05

                                                                               1092.82          5.71
                                                                                                                 6.79



  Ferrous Metals                                                               1021.65          5.34                                                                                      Total Fund Manager’s Experience:
 Jindal Steel and Power                                                        628.68          3.29                                                                                      14 years
  Tata Steel                                                                    392.97          2.05            Last 1     Last 3    Last 1       Last 3     Last 5          Since
  Power                                                                         990.50          5.18            month      months     year        years      years         Inception      Experience in Managing DWS Funds:
 Tata Power Company                                                            719.10          3.76        Date of Inception : 21st January, 2003                                        2 years
  NTPC                                                                          271.40          1.42
  Industrial Products                                                           829.62          4.34        Wealth Plan
  Sintex Industries                                                             432.82          2.26
                                                                                                                                                                                          Asset Under Management (AUM)
                                                                                                                                                         Scheme           Benchmark
  Jain Irrigation Systems                                                       396.80          2.07                                                                                      (Rs. in Lacs):


                                                                                                                                                                            51.20
  Telecom - Services                                                            816.17          4.27                                                              46.36                   19124.02
 Bharti Airtel                                                                 816.17          4.27
  Non - Ferrous Metals                                                          780.64          4.08                                                                                      NAV:
  Sterlite Industries                                                           589.27          3.08
                                                                                                                                                                                          Regular Plan – Dividend Option Rs. 17.35
                                                                                                                                         19.30

                                                                                                                                                 18.48




  National Aluminium Company                                                    191.37          1.00
                                                                                                                                                                                          Regular Plan – Growth Option Rs. 70.19
  Construction                                                                  725.39          3.79
                                                                                                                           9.05
                                                                                                                    6.79




  IVRCL Infrastructure & Projects                                               395.52          2.07                                                                                      Wealth Plan – Dividend OptionRs. 12.27
  Unitech                                                                       329.87          1.72                                                                                      Wealth Plan – Growth Option Rs. 14.64
  Fertilisers                                                                   605.56          3.17              Last 1 month        Last 3 months           Since Inception
  Tata Chemicals                                                                605.56          3.17                                                                                      Portfolio Turnover:
                                                                                                            Date of Inception : 27th April, 2009
  Auto                                                                          433.33          2.27                                                                                      1.62
  Bajaj Auto                                                                    433.33          2.27        Date of allotment has been considered as date of inception.
  Finance                                                                       394.74          2.06        Returns for less than 1 year period are absolute and those                    Volatility Measures (3 Years):
  Power Finance Corporation                                                     394.74          2.06        greater than or equal to 1 year period are compounded
  Chemicals                                                                     386.99          2.02                                                                                      Standard Deviation          8.83%
                                                                                                            annualised.
  Bombay Dyeing and Manufacturing Company                                       386.99          2.02        Past performance may or may not be sustained in future                        R-Squared                   0.96
  Cement                                                                        386.72          2.02        and should not be used as a basis of comparison with                          Beta                        0.86
  Jaiprakash Associates                                                         386.72          2.02        other investments.                                                            Sharpe Ratio***             0.36
  Pharmaceutical                                                                380.46          1.99        Performance calculated on growth option NAV. Returns
  Cipla                                                                         380.46          1.99                                                                                      *** Risk Free Rate assumed to be 3.42%
                                                                                                            do not take into account the entry load. Since inception
  Transportation                                                                356.42          1.86                                                                                      (based on 3-month T-Bill rate during last 3
                                                                                                            returns are calculated on Rs.10/- invested on inception.
  IRB Infrastructure Developers                                                 356.42          1.86                                                                                      months)
  Cash & Current Assets                                                         231.60          1.21                                                                                      SIP – Available
  Total Net Asset                                                            19124.02         100.00                                                                                      STP – Available
                                                                                                                                                                                          SWP – Available
RETURNS (%) THROUGH SIP ROUTE
Date of SIP (Monthly SIP): 7th of every month                            SIP Amount: Rs. 1000/-
Investment Period                   Total    Value of investment    IRR on           IRR on
                                Investment as on Sept. 30, 2009 investment (%) Benchmark (%)
Regular Plan
Last 1 year (12 months)          12,000.00          17,167           92.34           106.71
Last 3 years (36 months)         36,000.00          45,529           16.04            15.71
Last 5 years (60 months)         60,000.00         100,071           20.71            18.60                                                                                                           $$
                                                                                                                                                                                                         Evaluation
Since Inception (80 months)      80,000.00         196,348           26.75            22.13                                                                                                          Methodology on
All the above returns are CAGR. Past performance may or may not be sustained in future.                                                                                                               page no. 16
  Option for Investment: Dividend (Payout/Reinvestment) & Growth. Minimum Investment: Regular Plan: Rs. 5000/- and in multiples of Re. 1/- thereafter. Wealth
  Plan*: Rs. 25000/- and in multiples of Re. 1/- thereafter. Additional Investment: Regular and Wealth Plan*: Rs. 1000/- and in multiples of Re. 1/- thereafter. Minimum
  Repurchase Amount: Regular and Wealth Plan*: Rs. 1000/- and in multiples of Re. 1/- thereafter. Entry Load: Nil. In terms of SEBI circular no. SEBI/IMD/CIR No.4/                       The views of of the Fund Manager
                                                                                                                                                                                          The views the Fund Manager should
  168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Exit Load: Regular and Wealth Plan*: 1.00%                         not be construed as an advice and
                                                                                                                                                                                          should not be construed as an advice
  if redeemed/switched out within 12 months of allotment. Minimum Investment for SIP, STP and SWP: Minimum amount of Rs. 12000/- divided into 12                                          and investors must maketheir own
                                                                                                                                                                                          investors must make          their own
  installments of Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months. Entry and                            investment decisions regarding on their
                                                                                                                                                                                          investment decisions basedsuitability
  Exit Load for SIP: Loads shall be as applicable to regular/lumpsum investments in the respective scheme. Entry and Exit Load for STP: The loads shall be as                             of the funds based objectives and
                                                                                                                                                                                          specific investmenton their specific
  per the applicable prevailing structure for regular investments in the respective scheme. However, no exit load will be charged where the STP is into an equity                         financial positions and using such
                                                                                                                                                                                          investment objectives and financial
  fund from a non equity fund. Exit Load for SWP: The load on SWP shall be the same as of exit load for the respective scheme.                                                            independent advisors as they believe
                                                                                                                                                                                          positions and using such independent
                                                                                                                                                                                          advisors as
                                                                                                                                                                                          necessary.they believe necessary.
* w.e.f. August 05, 2009; the name of NL Plan stands changed to Wealth Plan.

                                                                                                                                                                                                                                   3
                                                                                                                          Rated  by

                                              DWS Investment                                                               Value Research
                                                                                                                         for Regular Plan**



                                              Opportunity Fund
                                                                                                                                                          Best performing Mutual Fund of the Year
Details as on September 30, 2009                                                                                                                              ‘Equity Diversified Schemes’$$
                                                                                                                                                      Past performance is no guarantee of future results

Fund Objective:                                 PORTFOLIO ( Top Ten Holdings)                                                                         DIVIDEND HISTORY
An open-ended dynamic allocation                 Issuer                                                               Market Value     % to Net            Record Date         Dividend per unit (Rs.)#                NAV (Rs.)
                                                                                                                            (Lacs)      Assets             18-Feb-05                    1.00                            11.62
scheme with the objective to generate
capital appreciation on the portfolio over      Banks                                                                      2436.22        13.13
                                               ICICI Bank                                                                  827.89         4.46            13-Feb-06                    2.75                            13.23
a long term by actively investing in           HDFC Bank                                                                   656.90         3.54        #
                                                                                                                                                         On face value of Rs. 10.
different asset classes as per market          State Bank of India                                                         581.86         3.14
conditions.                                                                                                                                            Post Dividend per unit NAV will fall to the extent of the
                                                ING Vysya Bank                                                              369.57         1.99
                                                                                                                                                       payout and applicable tax/surcharges/cess/other statutory
                                                Consumer Non Durables                                                      1534.87         8.27
Fund Manager’s Report:                                                                                                                                 levies. Dividend distribution is subject to availability of
                                               ITC                                                                         944.99         5.09
                                                Balrampur Chini Mills                                                       330.62         1.78        distributable surplus.
Increased weightage in Ferrous Metals
and Software. Decreased weightage in            Emami                                                                       259.27         1.40
                                                Ferrous Metals                                                             1407.62         7.59
                                                                                                                                                       FUND PERFORMANCE (%)
Power.
                                                Jindal Steel and Power                                                      575.80         3.10        Regular Plan
Benchmark:                                      Adhunik Metaliks                                                            449.06         2.42
                                                                                                                                                                                                      Scheme           Benchmark
                                                Tata Steel                                                                  382.76         2.06




                                                                                                                                                                                    34.66
BSE 200 Index                                   Construction Project                                                       1312.56         7.07
                                               Larsen and Toubro




                                                                                                                                                                                27.20
                                                                                                                            954.37         5.14




                                                                                                                                                                                                            26.63


                                                                                                                                                                                                                             24.07
Inception Date:




                                                                                                                                                                                                          23.35
                                                Punj Lloyd                                                                  358.18         1.93




                                                                                                                                                                       20.34




                                                                                                                                                                                                                          19.88
                                                                                                                                                                      18.55




                                                                                                                                                                                                  17.45
Regular Plan: 29th January, 2004                Petroleum Products                                                         1243.68         6.70
                                               Reliance Industries




                                                                                                                                                                                               11.87
Wealth Plan*: 27th April, 2009                                                                                             1243.68         6.70




                                                                                                                                                             8.52
                                                                                                                                                            7.29
                                                Industrial Capital Goods                                                   1165.91         6.28
Fund Manager:                                  Bharat Heavy Electricals                                                    883.56         4.76
                                                Genus Power Infrastructure                                                  282.36         1.52
Aniket Inamdar                                  Software                                                                    908.18         4.89            Last 1     Last 3    Last 1         Last 3     Last 5          Since
                                                Infosys Technologies                                                        554.02         2.99            month      months     year          years      years         Inception
Total Fund Manager’s Experience:                Patni Computer Systems                                                      354.16         1.91
                                                                                                                                                       Date of Inception : 29th January, 2004
14 years                                        Minerals/Mining                                                             821.18         4.43
                                                TRF                                                                         426.89         2.30        Wealth Plan
Experience in Managing DWS Funds:               Gujarat NRE Coke                                                            394.29         2.13
                                                Non - Ferrous Metals                                                        817.52         4.41                                                       Scheme           Benchmark
2 years
                                               Sterlite Industries                                                         643.54         3.47
                                                National Aluminium Company                                                  173.98         0.94




                                                                                                                                                                                                                         61.36
Asset Under Management (AUM):




                                                                                                                                                                                                               54.25
                                                Industrial Products                                                         788.55         4.25
(Rs. in Lacs)                                   Sintex Industries                                                           406.09         2.19
18554.69                                        Jain Irrigation Systems                                                     382.46         2.06
                                                Construction                                                                735.89         3.97




                                                                                                                                                                                      20.31

                                                                                                                                                                                              18.55
NAV:                                            IVRCL Infrastructure and Projects                                           375.94         2.03



                                                                                                                                                                      8.52
                                                Unitech                                                                     359.96         1.94
                                                                                                                                                               7.29
Regular Plan – Dividend Option Rs. 25.96
                                                Telecom - Services                                                          732.46         3.95
Regular Plan – Growth Option Rs. 34.00         Bharti Airtel                                                               732.46         3.95
Wealth Plan – Dividend Option Rs. 11.77                                                                                                                      Last 1 month        Last 3 months             Since Inception
                                                Oil                                                                         680.81         3.67
Wealth Plan – Growth Option Rs. 15.42          Cairn India                                                                 680.81         3.67        Date of Inception : 27th April, 2009
                                                Transportation                                                              648.69         3.50        Date of allotment has been considered as date of inception.
Portfolio Turnover:                             The Great Eastern Shipping Company                                          376.96         2.03
                                                                                                                                                       Returns for less than 1 year period are absolute and those
                                                IRB Infrastructure Developers                                               271.74         1.46
1.50                                                                                                                                                   greater than or equal to 1 year period are compounded
                                                Fertilisers                                                                 554.98         2.99
                                                Tata Chemicals                                                              554.98         2.99        annualised.
Volatility Measures (3 Years):
                                                Pharmaceuticals                                                             514.00         2.77        Past performance may or may not be sustained in future
Standard Deviation               10.13%         Dishman Pharmaceuticals and Chemicals                                       514.00         2.77        and should not be used as a basis of comparison with
R-Squared                        0.95           Power                                                                       507.99         2.74        other investments.
Beta                             0.90           Tata Power Company                                                          507.99         2.74        Performance calculated on growth option NAV. Returns
Sharpe Ratio***                  0.40           Cement                                                                      450.78         2.43        do not take into account the entry load. Since inception
                                                Jaiprakash Associates                                                       450.78         2.43        returns are calculated on Rs.10/- invested on inception.
*** Risk Free Rate assumed to be 3.42%          Auto                                                                        403.45         2.17
(based on 3-month T-Bill rate during last 3     Bajaj Auto                                                                  403.45         2.17
months)                                         Chemicals                                                                   363.54         1.96
SIP – Available                                 Bombay Dyeing and Manufacturing Company                                     363.54         1.96
                                                Diversified                                                                 271.76         1.46
STP – Available                                 Aditya Birla Nuvo                                                           271.76         1.46
SWP – Available                                 Cash & Current Assets                                                       254.06         1.37
                                                Total Net Asset                                                          18554.69        100.00

                                              RETURNS (%) THROUGH SIP ROUTE
                                              Date of SIP (Monthly SIP): 7th of every month                            SIP Amount: Rs. 1000/-
                                              Investment Period                   Total    Value of investment    IRR on           IRR on
                                                                              Investment as on Sept. 30, 2009 investment (%) Benchmark (%)
                                              Regular Plan
                                              Last 1 year (12 months)          12,000.00          17,798          104.76           125.84
        $$,                                   Last 3 years (36 months)         36,000.00          46,452           17.47            16.78
            **Ranking and
                                              Last 5 years (60 months)         60,000.00         102,980           21.89            18.41
    Evaluation Methodology
                                              Since Inception (68 months)      68,000.00         130,964           23.26            19.59
         on page no. 16
                                              All the above returns are CAGR. Past performance may or may not be sustained in future.
                                               Option for Investment: Dividend (Payout/Reinvestment) & Growth. Minimum Investment: Regular Plan: Rs. 5000/- and in multiples of Re. 1/- thereafter. Wealth Plan*:
                                               Rs. 25000/- and in multiples of Re. 1/- thereafter. Additional Investment: Regular and Wealth Plan*: Rs. 1000/- and in multiples of Re. 1/- thereafter. Minimum
The views of the Fund Manager should           Repurchase Amount: Regular and Wealth Plan*: Rs. 1000/- and in multiples of Re. 1/- thereafter. Entry Load: Nil. In terms of SEBI circular no. SEBI/IMD/CIR No.4/
not be construed as an advice and              168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Exit Load: Regular and Wealth Plan*: 1.00%
investors must make their own                  if redeemed/switched out within 12 months of allotment. Minimum Investment for SIP, STP and SWP: Minimum amount of Rs. 12000/- divided into 12 installments
investment decisions regarding suitability     of Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months. Entry and Exit Load for SIP:
of the funds based on their specific           Loads shall be as applicable to regular/lumpsum investments in the respective scheme. Entry and Exit Load for STP: The loads shall be as per the applicable
investment objectives and financial            prevailing structure for regular investments in the respective scheme. However, no exit load will be charged where the STP is into an equity fund from a non equity
positions and using such independent           fund. Exit Load for SWP: The load on SWP shall be the same as of exit load for the respective scheme.
advisors as they believe necessary.           * w.e.f. August 05, 2009; the name of NL Plan stands changed to Wealth Plan.

4
                                                                     DWS Tax Saving Fund
                                                                                                                                                                        Details as on September 30, 2009

  PORTFOLIO ( Top Ten Holdings)                                                                   DIVIDEND HISTORY                                                     Fund Objective:
   Issuer                                                            Market Value    % to Net          Record Date         Dividend per unit (Rs.)#         NAV (Rs.)   An open-ended equity linked saving
                                                                           (Lacs)     Assets           31-Jan-08                    1.00                     15.1763    scheme with the objective to generate long
  Banks                                                                    961.42       12.73      #                                                                    term capital appreciation from
                                                                                                     On face value of Rs. 10.
 ICICI Bank                                                               325.73        4.31                                                                           a portfolio that is invested predominantly
                                                                                                   Post Dividend per unit NAV will fall to the extent of the
 HDFC Bank                                                                246.34        3.26                                                                           in equity and equity related instruments.
  State Bank of India                                                      241.53        3.20      payout and applicable tax/surcharges/cess/other statutory
                                                                                                   levies. Dividend distribution is subject to availability of          Fund Manager’s Report:
  ING Vysya Bank                                                           147.83        1.96
                                                                                                   distributable surplus.                                               Increased weightage in Non Ferrous
  Consumer Non Durables                                                    612.28        8.11
                                                                                                                                                                        Metals, Cement and Auto. Decreased
 ITC                                                                      379.16        5.02
                                                                                                                                                                        weightage in Finance and Industrial
  Balrampur Chini Mills                                                    134.70        1.78      FUND PERFORMANCE (%)
                                                                                                                                                                        Products.
  Emami                                                                     98.43         1.30
                                                                                                                                                 Scheme     Benchmark   Benchmark:
  Ferrous Metals                                                           567.92        7.52
  Jindal Steel and Power                                                   229.14        3.04                                                                           S&P CNX 500




                                                                                                                                         34.66
  Adhunik Metaliks                                                         185.67        2.46
                                                                                                                                                                        Inception Date:
  Tata Steel                                                               153.11        2.03




                                                                                                                                 21.07
                                                                                                                      20.11
                                                                                                                                                                        20th March, 2006




                                                                                                                     18.70
  Construction Project                                                     515.64        6.83




                                                                                                                                                                11.40
                                                                                                                                                    11.27
 Larsen and Toubro                                                        368.62        4.88                                                                           Fund Manager:




                                                                                                                                                   8.21
                                                                                                         7.25
                                                                                                         7.25




                                                                                                                                                             6.39
  Punj Lloyd                                                               147.02        1.95                                                                           Aniket Inamdar
  Petroleum Products                                                       497.47        6.59
                                                                                                                                                                        Total Fund Manager’s Experience:
 Reliance Industries                                                      497.47        6.59           Last 1       Last 3      Last 1            Last 3     Since     14 years
  Industrial Capital Goods                                                 476.10        6.31           month        months       year             years    Inception
 Bharat Heavy Electricals                                                 360.40        4.77                                                                           Experience in Managing DWS Funds:
  Genus Power Infrastructure                                               115.70        1.53      Date of Inception : 20th March, 2006
                                                                                                                                                                        2 years
  Software                                                                 396.51        5.25      Date of allotment has been considered as date of inception.
 Infosys Technologies                                                     253.92        3.36
                                                                                                                                                                        Benefits:
                                                                                                   Returns for less than 1 year period are absolute and those           • Tax benefit u/s 80C of the Income Tax Act
  Patni Computer Systems                                                   142.58        1.89
                                                                                                   greater than or equal to 1 year period are compounded                     1961 with a 3-year lock-in period.
  Minerals/Mining                                                          345.50        4.58      annualised.
  TRF                                                                      178.14        2.36                                                                           • Free Life insurance cover advantage##
                                                                                                   Past performance may or may not be sustained in future               ##
  Gujarat NRE Coke                                                         167.35        2.22                                                                              The scheme offers Life insurance cover of 5
                                                                                                   and should not be used as a basis of comparison with
  Non - Ferrous Metals                                                     332.41        4.40                                                                           times of investment in the scheme subject
                                                                                                   other investments.
 Sterlite Industries                                                      255.87        3.39                                                                           to a minimum of Rs. 10,000/- and maximum
                                                                                                   Performance calculated on growth option NAV. Returns                 of Rs. 500,000/-. This is available to resident
  National Aluminium Company                                                76.55         1.01
                                                                                                   do not take into account the entry load. Since inception             individual investors who have completed 18
  Industrial Products                                                      323.24        4.28      returns are calculated on Rs.10/- invested on inception.
  Sintex Industries                                                        162.94        2.16                                                                           years of age and are not over 45 years of age,
  Jain Irrigation Systems                                                  160.29        2.12                                                                           as on the date of allotment of units. The
                                                                                                                                                                        insurance cover is valid till the unitholder
  Construction                                                             307.38        4.07
                                                                                                                                                                        attains the age of 60 years or redeems
  IVRCL Infrastructure & Projects                                          164.47        2.18
                                                                                                                                                                        the investment from the scheme, whichever
  Unitech                                                                  142.91        1.89
                                                                                                                                                                        is earlier. Only the first / Sole unitholder will be
  Telecom - Services                                                       288.80        3.83                                                                           covered under the insurance scheme.
 Bharti Airtel                                                            288.80        3.83
                                                                                                                                                                        Conditions Apply
  Oil                                                                      272.32        3.61
 Cairn India                                                              272.32        3.61                                                                           Asset Under Management (AUM):
  Transportation                                                           270.74        3.59                                                                           (Rs. in Lacs)
  The Great Eastern Shipping Company                                       156.84        2.08                                                                           7549.49
  IRB Infrastructure Developers                                            113.91        1.51
                                                                                                                                                                        NAV:
  Pharmaceuticals                                                          212.82        2.82
  Dishman Pharmaceuticals and Chemicals                                    212.82        2.82                                                                           Dividend Option                   Rs. 11.6373
  Power                                                                    211.11        2.80                                                                           Growth Option                     Rs. 12.4483
  Tata Power Company                                                       211.11        2.80                                                                           Portfolio Turnover:
  Fertilisers                                                              193.89        2.57                                                                           1.56
  Tata Chemicals                                                           193.89        2.57
                                                                                                                                                                        Volatility Measures (1 Year):
  Auto                                                                     186.78        2.47
  Bajaj Auto                                                               186.78        2.47                                                                           Standard Deviation                12.31%
  Cement                                                                   180.31        2.39                                                                           R-Squared                         0.97
  Jaiprakash Associates                                                    180.31        2.39                                                                           Beta                              0.82
  Chemicals                                                                144.63        1.92                                                                           Sharpe Ratio***                   0.41
  Bombay Dyeing and Manufacturing Company                                  144.63        1.92           Option for Investment: Dividend (Payout/
                                                                                                                                                                        *** Risk Free Rate assumed to be 3.42%
  Diversified                                                              110.76        1.47           Reinvestment) & Growth. Minimum Investment
                                                                                                                                                                        (based on 3-month T-Bill rate during last 3
  Aditya Birla Nuvo                                                        110.76        1.47           Amount: Rs. 500/- and in multiples of Rs. 500/-
                                                                                                                                                                        months)
                                                                                                        thereafter. Additional Investment: Rs. 500/- and in
  Cash & Current Assets                                                    141.44        1.87                                                                           SIP – Available
                                                                                                        multiples of Rs. 500/- thereafter. Minimum Repurchase
  Total Net Asset                                                        7549.49       100.00           Amount: Subject to the lock-in period minimum                   STP – Available
                                                                                                        Rs. 500/- and in multiples of Rs. 500/- thereafter. Entry
RETURNS (%) THROUGH SIP ROUTE                                                                                                                                           SWP – Not Available
                                                                                                        Load: Nil. In terms of SEBI circular no. SEBI/IMD/CIR
Date of SIP (Monthly SIP): 7th of every month                             SIP Amount: Rs. 1000/-        No.4/ 168230/09 dated June 30, 2009, no entry load
Investment Period                   Total    Value of investment    IRR on          IRR on              will be charged by the Scheme to the investor
                                Investment as on Sept. 30, 2009 investment (%) Benchmark (%)            effective August 1, 2009. Exit Load: Nil. Minimum
Last 1 year (12 months)          12,000.00         17,408            97.04           78.29              Investment for SIP and STP: SIP: Minimum amount of
Last 3 years (36 months)         36,000.00         42,000            10.39           12.52              Rs. 500/- and in multiples of Rs. 500/-. STP: Minimum
Since Inception (42 months)      42,000.00         49,809             9.82           12.79              amount Rs. 6000/- divided into 6 installments of
                                                                                                        Rs. 1000/- each or 4 installments of Rs. 1500/- each.           The views of the Fund Manager should
All the above returns are CAGR. Past performance may or may not be sustained in future.                 Entry and Exit Load for SIP: Loads shall be as applicable       not be construed as an advice and
                                                                                                        to regular/lumpsum investments in the respective                investors must make their own
                                                                                                        scheme. Entry and Exit Load for STP: The loads shall            investment decisions regarding suitability
                                                                                                        be as per the applicable prevailing structure for               of the funds based on their specific
                                                                                                        regular investments in the respective scheme.                   investment objectives and financial
                                                                                                        However, no exit load will be charged where the                 positions and using such independent
                                                                                                        STP is into an equity fund from a non equity fund.              advisors as they believe necessary.


                                                                                                                                                                                                                         5
                                                DWS Global Thematic Offshore Fund
Details as on September 30, 2009

Fund Objective:                                     PORTFOLIO OF DWS GLOBAL THEMATIC OFFSHORE FUND (FEEDER                              FUND PERFORMANCE (%) AS OF SEPTEMBER 30, 2009
An open-ended overseas fund of funds                FUND) AS OF SEPTEMBER 30, 2009*                                                                                                            Scheme            Benchmark
scheme with the objective to generate




                                                                                                                                                        34.46
                                                    Issuer                                 Market Value (Lacs) % to Net Assets




                                                                                                                                              32.65
long-term capital growth from a                     Units of DWS Invest Global Thematic Fund          3710.38            93.81
diversified portfolio of units of overseas
                                                    Cash                                               244.74             6.18
mutual funds.
                                                    Total Net Asset                                   3955.12           100.00




                                                                                                                                                                               0.29
Benchmark:




                                                                                                                                                                                       -0.37
MSCI World Index




                                                                                                                                                                                                                   -4.94
                                                                                                                                                                                                        -10.66
Inception Date:                                     TOP TEN HOLDINGS OF DWS INVEST GLOBAL THEMATIC FUND
11th September, 2007                                AS OF AUGUST 31, 2009                                                                  Last 6 months                      Last 1 year          Since Inception
                                                    Security                                Country     Ending Weight (% of equity)     Date of Inception : 11th September, 2007
Fund Managers:
                                                    Deutsche Telekom AG                     Germany                2.2                  Date of allotment has been considered as date of inception.
Kumaresh Ramakrishnan and Aniket                    Mcdonald's Corp                         USA                   2.10
Inamdar                                                                                                                                 Returns for less than 1 year period are absolute and those greater than
                                                    Glaxosmithkline PLC                     UK                    1.70
                                                                                                                                        or equal to 1 year period are compounded annualised.
                                                    Nestle SA                               Switzerland           1.70
Total Fund Manager’s Experience:                    Hewlett-Packard Co                      USA                   1.50                  Past performance may or may not be sustained in future and should not
                                                    Qiagen NV                               USA                    1.5                  be used as a basis of comparison with other investments.
2 years and 14 years
                                                    UBS AG                                  Switzerland           1.50                  Performance calculated on growth option NAV. Returns do not take
Experience in Managing DWS Funds:                   Raiffeisen International Bank Holding   Austria               1.40                  into account the entry load. Since inception returns are calculated on
                                                    Laboratory Corp of America Holding      USA                    1.4                  Rs.10/- invested on inception.
2 years and 2 years                                 Bank of America Corp                    USA                   1.40
                                                                                                                                                                TOP TEN GEOGRAPHIC DISTRIBUTION OF
Asset Under Management (AUM):                                                                                                                                   DWS INVEST GLOBAL THEMATIC FUND AS OF
(Rs. in Lacs)                                   RETURNS (%) THROUGH SIP ROUTE AS OF SEPTEMBER 30, 2009                                                          AUGUST 31, 2009
3955.12                                         Date of SIP (Monthly SIP): 7th of every month                            SIP Amount: Rs. 1000/-                 Country                            % Country                        %
                                                Investment Period                   Total    Value of investment    IRR on          IRR on                      United States                    34.0 Brazil                       2.4
NAV:                                                                            Investment as on Sept. 30, 2009 investment (%) Benchmark (%)                    Germany                           9.2 Netherlands                  2.3
Dividend Option                 Rs. 7.89        Last 1 Year (12 months)          12,000.00         14,515            42.66           44.47                      Great Britain                     8.9 Australia                    2.0
Growth Option                   Rs. 7.89        Since Inception (24 months)      24,000.00         24,467            1.90            7.13                       Japan                             6.1 Korea                        1.8
                                                All the above returns are CAGR. Past performance may or may not be sustained in future.                         Switzerland                       4.7 India                        1.7
Kumaresh Ramakrishnan - Dedicated Fund
Manager managing the overseas
investments of the scheme.                        Option for Investment: Dividend (Payout & reinvestment) and Growth Options. Minimum Investment: Rs. 5000/- and in multiples of Re. 1/- thereafter.
Aniket Inamdar - Dedicated Fund Manager           Additional Investment: Rs. 1000/- and in multiples of Re. 1/- thereafter. Minimum Repurchase Amount: Rs. 1000/- and in multiples of Re. 1/- thereafter. Entry
managing the Indian investments of the            Load: Nil. 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
scheme.                                           effective August 1, 2009. Exit Load: 1.00 % if redeemed /switched out within 12 months of allotment. Minimum Investment for SIP, STP and SWP: Minimum
                                                  amount of Rs. 12000/- divided into 12 installments of Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments
SIP – Available                                   of Rs. 3000/- each for 3 months. Entry and Exit Load for SIP: Loads shall be as applicable to regular/lumpsum investments in the respective scheme. Entry
                                                  and Exit Load for STP: The loads shall be as per the applicable prevailing structure for regular investments in the respective scheme. However, no exit
STP – Available                                   load will be charged where the STP is into an equity fund from a non equity fund. Exit Load for SWP: The load on SWP shall be the same as of exit load
SWP – Available                                   for the respective scheme.


Fund Objective:
An open-ended Debt fund seeking to
generate regular income by investing
primarily in investment grade fixed income
                                                DWS Money Plus
                                                                                                                                                      June, 2009
securities/money market instruments and
to attain capital appreciation by investing a
small portion in equity/equity related
                                                Advantage Fund                                                                                   
                                                                                                                                          Rated 4 by ICRA$
                                                                                                                                           for Regular Plan
instruments.
Fund Manager’s Report:                              PORTFOLIO ( Top Ten Holdings)                                                                                                                        
                                                                                                                                                                                               Awarded “7 Gold Award”
The fund aims to generate extra return by           Issuer                                                   Market Value % to Net Rating                                                        by ICRA – Dec., 2008$
taking selective exposure to stocks.                                                                                (Lacs) Assets
                                                  Money Market Instruments                                      52961.36     58.38
Benchmark:                                                                                                                                                      DIVIDEND HISTORY
                                                 Tata Motors Finance                                            7452.48      8.22 A1
CRISIL MIP Blended Fund Index                    Religare Finvest                                               5344.83      5.89 A1+                              Record Date        Dividend per unit (Rs.)#              NAV (Rs.)
Inception Date:                                  Jammu & Kashmir Bank                                           4808.76      5.30 P1+                              Monthly Dividend – Regular Plan
                                                 Oriental Bank of Commerce                                      4726.09      5.21 P1+                              31-July-09                  0.0750                       10.6284
Regular Plan: 2nd November, 2007                 ICICI Bank                                                     3388.71      3.74 A1+
Institutional Plan: 2nd November, 2007                                                                                                                              28-Aug-09                   0.0550                       10.5830
                                                 AXIS Bank                                                      3348.49      3.69 P1+
Date of Recommencement of Institutional          Tata Capital                                                   2895.55      3.19 A1+                              25-Sept-09                  0.0550                       10.5847
Plan: 8th May, 2009                               Telco Construction Equipment Company                           2428.88      2.68 A1+                              Monthly Dividend – Institutional Plan
                                                  ICICI Bank                                                     2407.01      2.65 P1+                              31-July-09                  0.0750                       10.6759
                                                  Tata Motors                                                    2338.85      2.58 A1                               28-Aug-09                   0.0550                       10.6327
                                                  Bank of Maharashtra                                            1941.46      2.14 A1+                              25-Sept-09                  0.0550                       10.6366
       $                                          IDBI Bank                                                      1922.85      2.12 A1+
         Ranking                                  Punjab National Bank                                           1824.89      2.01 P1+                          #
                                                                                                                                                                  On face value of Rs. 10.
     Methodology                                  IDBI Home Finance                                              1435.95      1.58 A1+                          Post Dividend per unit NAV will fall to the extent of the
    on page no. 16                                Birla Global Finance                                           1435.45      1.58 A1+                          payout and applicable tax/surcharges/cess/other statutory
                                                  United Bank of India                                             974.26     1.07 A1+                          levies. Dividend distribution is subject to availability of
                                                  State Bank of Patiala                                            963.87     1.06 P1+                          distributable surplus.
                                                  State Bank of Travancore                                         963.22     1.06 P1+
The views of the Fund Manager should              L & T Finance                                                    959.31     1.06 PR1+
not be construed as an advice and
                                                                                                                                                                CREDIT QUALITY PROFILE (%)
                                                  Reliance Petroleum                                               726.21     0.80 P1+
investors must make their own                     Vijaya Bank                                                      478.89     0.53 PR1+                         AAA/P1+                                                          60.35
investment decisions regarding suitability        Karur Vysya Bank                                                 195.37     0.22 F1
of the funds based on their specific              Corporate Debt                                                26422.03     29.13                                   AA/P1                                       32.98
investment objectives and financial              Kotak Mahindra Investments                                     3108.88      3.43 A1+                               Equity           6.46
positions and using such independent             SREI Equipment Finance                                         3722.94      4.10 A A
advisors as they believe necessary.              Infrastructure Development Finance Company                     2568.76      2.83 AA+                               Others     0.22
                                                  Citi Financial Consumer Finance India                          2529.37      2.79 AA+(SO)
6
                     DWS Money Plus Advantage Fund
                                           (Cont...)
                                                                                                                                                                                           Details as on September 30, 2009

  PORTFOLIO ( Top Ten Holdings)                                                                                FUND PERFORMANCE (%)                                                       Fund Manager:
   Issuer                                                      Market Value % to Net        Rating              Regular Plan                                                               Dwijendra Srivastava for Fixed Income
                                                                       (Lacs) Assets                                                                           Scheme          Benchmark   Investments & Jignesh Barasara for
   Kotak Mahindra Prime                                              2519.53    2.78        LAA                                                                                            Equity Investments.




                                                                                                                                      14.28
   Deutsche Postbank Home Finance                                    2510.43    2.77        LAA+                                                                                           Total Fund Manager’s Experience:




                                                                                                                          11.09
   Citi Financial Consumer Finance India                             2000.00    2.20        AA+(SO)
                                                                                                                                                                                           9 years and 4 years




                                                                                                                                                                    9.94
   Tata Capital                                                      1506.62    1.66        LAA+
   LIC Housing Finance                                               1490.09    1.64        AAA                                                                                            Experience in Managing DWS Funds:
   Bajaj Auto Finance                                                1006.86    1.11        LAA+




                                                                                                                                                                             5.35
                                                                                                                                                                                           2 years and 4 years
   IBRL Trust June 09 III Series A1- Tata Motor Securitised Debt 966.64         1.07        P1+(SO)
   Kotak Mahindra Prime                                               949.08    1.05        AA                                                                                             Asset Under Management (AUM):
   GE Money Financial Services                                        504.09    0.56        AAA                                                                                            (Rs. in Lacs)
   Sundaram Finance                                                   474.54    0.52        AA+
                                                                                                                           Last 1 year                             Since Inception         90709.83
   Cholamandalam DBS Finance                                          259.42    0.29        LAA-
   GE Capital Services India                                          123.86    0.14        AAA                 Date of Inception : 2nd November, 2007.                                    NAV:
   Indian Retail ABS Trust 85 Series A2 - ICICI Bank Securitised Debt 102.90    0.11        AAA(SO)                                                                                        Regular Plan Dividend
   Auto Sec Trust -Mixpool TML Finance Securitised Debt                 78.03   0.09        AA(SO)              Institutional Plan:
                                                                                                                                                               Scheme          Benchmark   Option                         Rs. 10.5380
   Equities                                                          5859.35    6.46
                                                                                                                                                                                           Regular Plan Growth
   Areva T&D India                                                   2209.20    2.44




                                                                                                                                                               5.24
   HSBC Invest Direct India                                          1938.76    2.14                                                                                                       Option                         Rs. 11.9876
   Zenotech Laboratories                                             1259.53    1.39                                                                                                       Institutional Plan Dividend
   Fem Care Pharma                                                    142.14    0.16                                                                                                       Option                         Rs. 10.5903




                                                                                                                                          2.64
   Uttam Galva Steel                                                  180.81    0.20                                                                                                       Institutional Plan Growth
   Si Group*                                                          128.90    0.14                                                                                                       Option                         Rs. 10.2640
   PSU Bonds                                                         1519.61    1.68
   Indian Railway Finance Corporation                                1519.61    1.68        AAA                                                                                            Portfolio Turnover Ratio:
   Treasury Bills                                                    1498.88    1.65                                                                                                       0.42
   364 Days Treasury Bill 09-Oct-2009                                1498.88    1.65        SOVEREIGN                                            Since Inception
                                                                                                                                                                                           Average Maturity:
   Reverse Repos                                                      310.46    0.34                            Date of Inception : 2nd November, 2007.
                                                                                                                                                                                           0.75 Yrs
   Cash & Current Assets                                             2138.15    2.36                            Date of Recommencement of Institutional Plan: 8th May, 2009
   Total Net Asset                                                 90709.83   100.00                                                                                                       Modified Duration:
                                                                                                                In the case of Institutional Plan, Date of Recommencement
   * The shares have been delisted from the Bourses                                                             has been considered as Date of Inception.                                  0.69 Yrs

                                                                                                                Date of allotment has been considered as date of inception.                SIP – Available only for Regular Plan

ASSET ALLOCATION (%)                                                                                            Returns for less than 1 year period are absolute and those                 STP – Regular Plan: STP In and STP Out -
                                                                                                                greater than or equal to 1 year period are compounded                      Available; Institutional Plan: STP In - Not
Money Market Instruments                                 58.39                                                  annualised.                                                                Available and STP Out - Available
            Corporate Debt                 29.13                                                                Past performance may or may not be sustained in future                     SWP – Available
                                                                                                                and should not be used as a basis of comparison with
                  Equities      6.46
                                                                                                                other investments.
    Cash & Current Assets     2.36                                                                              Performance calculated on growth option NAV. Returns
               PSU Bonds      1.68                                                                              do not take into account the entry load. Since inception
                                                                                                                returns are calculated on Rs.10/- invested on inception.
             Treasury Bills   1.65
            Reverse Repos 0.34

 Option for Investment: Dividend (Payout & Reinvestment) and Growth. Minimum Investment: Regular Plan: Rs. 5000/- and in multiples of Re. 1/- thereafter.
 Institutional Plan: Rs. 5 crores and in multiples of Re. 1/- thereafter. Additional Investment: Regular Plan: Rs. 1000/- and in multiples of Re. 1/- thereafter. Institutional
 Plan: Rs. 1 lakh and in multiples of Re. 1/- thereafter. Minimum Repurchase Amount: Regular Plan: Rs. 1000/- and in multiples of Re. 1/- thereafter. Institutional Plan:
 Rs. 1 lakh and in multiples of Re. 1/- thereafter. Entry Load: Nil. 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. Exit Load: Regular and Institutional Plan: 1% if the investor redeemed/switched out within
 12 months. Minimum Investment for SIP, STP and SWP: SIP available only for Regular Plan. Minimum amount of Rs. 12000/- divided into 12 installments of
 Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months. Entry and Exit Load for SIP:
 Loads shall be as applicable to regular/lumpsum investments in the respective scheme. Entry and Exit Load for STP: The loads shall be as per the applicable
 prevailing structure for regular investments in the respective scheme. However, no exit load will be charged where the STP is into an equity fund from a non
 equity fund. Exit Load for SWP: The load on SWP shall be the same as of exit load for the respective scheme.



                                               DWS Twin Advantage Fund*
                                                                           (Monthly Income is not assured and is subject to the availability of distributable surplus)                     Fund Objective:
                                                                                                                                                                                           An open-ended income scheme with the
  PORTFOLIO ( Top Ten Holdings)                                                                                DIVIDEND HISTORY                                                           primary objective to generate regular
   Issuer                                                    Market Value      % to Net    Rating                 Record Date        Dividend per unit (Rs.)#  NAV (Rs.)                   income (no assured income) in order to
                                                                    (Lacs)      Assets                                                                                                     make regular dividend payments to unit
                                                                                                                  Monthly Dividend
  PSU Bonds                                                      4243.05          15.01                                                                                                    holders and the secondary objective is
                                                                                                                  31-July-09                 0.075               10.8252                   growth of capital. However, there can be
 Indian Railway Finance Corporation                             2112.94           7.47    AAA
 Indian Oil Corporation                                         1471.97           5.21    AAA                    28-Aug-09                 0.0600               10.7621                   no assurance that the investment
  IDBI Bank                                                        527.60          1.87    SOVEREIGN              25-Sept-09                0.0600               10.7532                   objective of the scheme will be achieved.
  Housing & Urban Development Corporation                          107.09          0.38    AAA(SO)                Quarterly Dividend
  Power Grid Corporation of India                                    12.97         0.05    AAA                                                                                             Fund Manager’s Report:
  NABARD                                                             10.47         0.04    AAA                    31-Mar-09                 0.2500               10.3038                   The fund aims to generate extra return by
  Corporate Debt                                                 8406.13          29.74                           30-June-09                0.2500               10.8426                   taking selective exposure to stocks.
 Piramal Healthcare                                             2637.19           9.33    LAA                    25-Sept-09                0.1800               10.7540
 ICICI Bank                                                     1620.77           5.73    SOVEREIGN              Annual Dividend
 Barclays Investment And Loans India                            1575.14           5.57    AAA                                                                                             The views of the Fund Manager should
 Tata Capital                                                   1004.41           3.55    LAA+                   30-Mar-07                 0.6250               10.2369                   not be construed as an advice and
  Deutsche Postbank Home Finance                                 1004.17           3.55    LAA+                   31-Mar-09                 0.7500               10.9514                   investors must make their own
  Trent                                                            378.66          1.34    AA                   #
                                                                                                                  On face value of Rs. 10.                                                 investment decisions regarding suitability
  Tata Sons                                                        134.53          0.48    AAA                                                                                             of the funds based on their specific
                                                                                                                Post Dividend per unit NAV will fall to the extent of the
  Infrastructure Development Finance Company                         41.19         0.15    AA+                                                                                             investment objectives and financial
  AXIS Bank                                                          10.06         0.04    LAA                  payout and applicable tax/surcharges/cess/other statutory
                                                                                                                levies. Dividend distribution is subject to availability of                positions and using such independent
  Money Market Instruments                                      10467.86          37.03                                                                                                    advisors as they believe necessary.
 Bank of India                                                  3839.82          13.58    P1+                  distributable surplus.

                                                                                                                                                                                                                                    7
                                              DWS Twin Advantage Fund* (Cont...)
                                              (Monthly Income is not assured and is subject to the availability of distributable surplus)
Details as on September 30, 2009

Benchmark:                                      PORTFOLIO ( Top Ten Holdings)                                                                               FUND PERFORMANCE (%)
CRISIL MIP Blended Index                         Issuer                                                     Market Value    % to Net    Rating                                                                  Scheme       Benchmark
Inception Date:                                                                                                    (Lacs)    Assets




                                                                                                                                                                                             14.28
29th January, 2004                             Export Import Bank of India                                      2361.72        8.35    P1+
                                               Tata Motors Finance




                                                                                                                                                                                         11.19
                                                                                                                 1863.12        6.59    A1




                                                                                                                                                                          10.96
Fund Managers:                                  Telco Construction Equipment Company                              971.55        3.44    A1+




                                                                                                                                                                                                                   8.61
                                                                                                                                                                                                                  8.20
                                                                                                                                                                                                       8.09




                                                                                                                                                                                                                                  7.74
                                                                                                                                                                                                                                  7.45
                                                                                                                                                                                                       7.42
                                                Indian Oil Corporation                                            945.94        3.35    P1+




                                                                                                                                                                   7.05
Nitish Gupta for Fixed Income
                                                ICICI Bank                                                        485.71        1.72    A1+
Investments & Jignesh Barasara for
                                                Cash Equivalents                                                 2500.00        8.84
Equity Investments.
                                               Religare Finvest                                                 2500.00        8.84    A1+
Total Fund Manager’s Experience:                Equities                                                         3627.37       12.83
13 years and 4 years                            Areva T&D India                                                   946.80        3.35                              Last 6                 Last 1        Last 3     Last 5        Since
                                                HSBC InvestDirect India                                           674.54        2.39                              months                  year         years      years       Inception
Experience in Managing DWS Funds:               New Delhi Television                                              561.11        1.98
                                                Zenotech Laboratories                                             466.83        1.65                         Date of Inception : 29th January, 2004
1 years and 4 years
                                                Fem Care Pharma                                                     80.73       0.29                         Date of allotment has been considered as date of inception.
Asset Under Management (AUM):                   BOC India                                                         465.63        1.65                         Returns for less than 1 year period are absolute and those
(Rs. in Lacs)                                   Atlas Copco (India)                                               431.72        1.53                         greater than or equal to 1 year period are compounded
28269.33                                        Reverse Repos                                                     269.74        0.95                         annualised.
                                                Cash & Current Assets                                           -1244.83       -4.40                         Past performance may or may not be sustained in future
NAV:                                            Total Net Asset                                                28269.33       100.00
                                                                                                                                                             and should not be used as a basis of comparison with
Regular    Annual Dividend
                                                                                                                                                             other investments.
Option                          Rs. 11.7238   ASSET ALLOCATION (%)
                                                                                                                                                             Performance calculated on growth option NAV. Returns
Regular    Quarterly Dividend
                                              Money Market Instruments                                   37.03                                               do not take into account the entry load. Since inception
Option                          Rs. 10.5962
                                                           Corporate Debt                           29.74                                                    returns are calculated on Rs.10/- invested on inception.
Regular    Monthly Dividend
Option                          Rs. 10.7156                      PSU Bonds               15.01                                                               CREDIT QUALITY PROFILE (%)
Growth     Option               Rs. 15.2617                        Equities             12.83                                                                AAA/P1+                                                                 62.63
Portfolio Turnover:                                       Cash Equivalents            8.84                                                                        AA/P1                                 24.55
0.20                                                          Reverse Repos    0.95                                                                               Equity                       12.83
Average Maturity:                                 Cash & Current Assets       -4.40
1.19 Yrs
                                               Options for Investment: Dividend (Monthly, Quarterly and Annual Payout/Reinvestment) & Growth. Minimum Investment: For Monthly and Quarterly Dividend:
Modified Duration:                             Rs. 25000/- and in multiples of Re. 1/- thereafter. For Annual Dividend and Growth: Rs. 5000/- and in multiples of Re. 1/- thereafter. Additional Investment: Rs. 1000/- and
1.06 Yrs                                       in multiples of Re. 1/- thereafter. Minimum Repurchase Amount: Rs. 1000/- and in multiples of Re. 1/- thereafter. Entry Load: Nil. 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. Exit Load: 1.00% if redeemed/
SIP – Available                                switched out within 12 months of allotment. Minimum Investment for SIP and STP: Monthly/Quarterly Dividend: Initial investment of Rs. 25000/- and subsequent
STP – Available                                investment of Rs. 5000/- each. Annual Dividend and Growth Option: Minimum amount Rs. 6000/- divided into 6 installments of Rs. 1000/- each or 12 installments
SWP – Available                                of Rs. 500/- each or 4 installments of Rs. 1500/- each. Entry and Exit Load for SIP: Loads shall be as applicable to regular/lumpsum investments in the respective
                                               scheme. Entry and Exit Load for STP: The loads shall be as per the applicable prevailing structure for regular investments in the respective scheme. However,
                                               no exit load will be charged where the STP is into an equity fund from a non equity fund. Minimum Investment for SWP: Minimum amount for SWP shall be
                                               the same as minimum redemption amount for scheme. Exit Load for SWP: The load on SWP shall be the same as of exit load for the respective scheme.

                                              * w.e.f. June 22nd, 2009 DWS MIP Fund has been renamed to DWS Twin Advantage Fund.


Fund Objective:
An open-ended gilt scheme with the
objective to generate reasonable returns
                                              DWS Gilt Fund
by investing in Central/State Government        PORTFOLIO ( Top Ten Holdings)                                                                               DIVIDEND HISTORY
securities of various maturities.
                                                 Issuer                                                     Market Value    % to Net    Rating                   Record Date        Dividend per unit (Rs.)#                 NAV (Rs.)
Fund Manager’s Report:                                                                                            (Lacs)     Assets                              Monthly Dividend – Regular Plan
We have maintained average maturity of          GOI Securities                                                   2841.45       94.24                             26-Dec-08                    0.25                                11.4629
the fund from the last month.                  6.35% Govt. Stock 2020                                           1363.50       45.22    SOVEREIGN                Monthly Dividend – Institutional Plan
Benchmark:                                     7.02% Govt. Stock 2016                                            988.20       32.78    SOVEREIGN
                                                                                                                                                                 26-Dec-08                    0.25                                11.4745
                                               6.90% Govt. Stock 2019                                            489.75       16.24    SOVEREIGN
I-Sec Sovereign Bond Index                                                                                                                                   #
                                                                                                                                                               On face value of Rs. 10.
                                                Reverse Repos                                                     193.40         6.41
Inception Date:                                 Cash & Current Assets                                             -19.83        -0.66                        Post Dividend per unit NAV will fall to the extent of the
27th October, 2008                                                                                                                                           payout and applicable tax/surcharges/cess/other statutory
                                                Total Net Asset                                                 3015.02       100.00
                                                                                                                                                             levies. Dividend distribution is subject to availability of
Fund Manager:                                                                                                                                                distributable surplus.
Avnish Jain
Total Fund Manager’s Experience:              FUND PERFORMANCE (%)
14 years                                      Regular Plan                                                                                                   Institutional Plan

Experience in Managing DWS Funds:                                                     Scheme       Benchmark                                                                                                    Scheme       Benchmark
11 months
                                                                                                                                                                                                                           8.89
                                                                                                 8.89




Asset Under Management (AUM):
(Rs. in Lacs)
                                                                                                                                                                                                                  4.93
                                                                                         4.44




3015.02
                                                                                                                                                                                            1.60
                                                                   1.60




                                                                                                                                                                                  0.87
                                                       0.19




The views of the Fund Manager should
not be construed as an advice and
investors must make their own                         Last 6 months                    Since Inception                                                                       Last 6 months                      Since Inception
investment decisions regarding suitability    Date of Inception : 27th October, 2008.                                                                        Date of Inception : 27th October, 2008.
of the funds based on their specific
investment objectives and financial           Date of allotment has been considered as date of inception. Returns for less than 1 year period are absolute and those greater than or equal to 1 year period
positions and using such independent          are compounded annualised. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments.
advisors as they believe necessary.           Performance calculated on growth option NAV. Returns do not take into account the entry load. Since inception returns are calculated on Rs.10/- invested on
                                              inception.

8
                                                                                         DWS Gilt Fund (Cont...)
                                                                                                                                                                                              Details as on September 30, 2009

     Option for Investment: Dividend (Payout and Reinvestment) and Growth. Minimum Investment:                          ASSET ALLOCATION (%)                                                  NAV:
     Regular Plan: Rs. 5000/- and in multiples of Re. 1/- thereafter. Institutional Plan: Rs. 50 lakhs and in                                                                                 Regular Dividend Option         Rs. 10.2183
     multiples of Re. 1/- thereafter. Additional Investment: Regular Plan: Rs. 1000/- and in multiples of                         GOI Securities                                      94.24   Regular Growth Option           Rs. 10.4443
     Re. 1/- thereafter. Institutional Plan: Rs. 1 lakh and in multiples of Re. 1/- thereafter. Minimum Repurchase
     Amount: Regular Plan: Rs. 1000/- and in multiples of Re. 1/- thereafter. Institutional Plan: Rs. 1 lakh                      Reverse Repos      6.41                                     Institutional Dividend Option   Rs. 10.2695
     and in multiples of Re. 1/- thereafter. Entry Load: Nil. In terms of SEBI circular no. SEBI/IMD/CIR                Cash & Current Assets -0.66                                           Institutional Growth Option     Rs. 10.4934
     No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor                                                                                         Average Maturity:
     effective August 1, 2009. Exit Load: Regular and Institutional Plan: 1% if exited within 6 months from                                                                                   8.61 Yrs
     allotment date. Minimum Investment for SIP, STP and SWP: SIP available only for Regular Plan.                      CREDIT QUALITY PROFILE (%)
     Minimum amount of Rs. 12000/- divided into 12 installments of Rs. 1000/- each for 12 months or                                                                                           Modified Duration:
     6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months.                                                                                        6.1 Yrs
                                                                                                                        AAA/P1+                                                      100.00
     Entry and Exit Load for SIP: Loads shall be as applicable to regular/lumpsum investments in the
     respective scheme. Entry and Exit Load for STP: The loads shall be as per the applicable prevailing                                                                                      SIP – Available only for Regular Plan
     structure for regular investments in the respective scheme. However, no exit load will be charged                                                                                        STP – Available
     where the STP is into an equity fund from a non equity fund. Exit Load for SWP: The load on SWP                                                                                          SWP – Available
     shall be the same as of exit load for the respective scheme.


           Rated
          AAAf by
          CRISIL##
                                                                                   DWS Premier Bond Fund
##
  The assigned rating “AAAf” is valid only for “DWS Premier Bond Fund”. The rating of CRISIL is not an opinion of the Asset Management Company’s willingness
or ability to make timely payments to investors. The rating is also not an opinion on the stability of the NAV of the fund, which could vary with market developments.

     PORTFOLIO ( Top Ten Holdings)                                                                                     DIVIDEND HISTORY                                                      Fund Objective:
      Issuer                                                                     Market Value    % to Net   Rating          Record Date         Dividend per unit (Rs.)#      NAV (Rs.)       An open-ended debt scheme with the
                                                                                        (Lacs)    Assets                    Monthly Dividend – Regular Plan                                   objective to provide regular income by
      GOI Securities                                                                 2714.10        44.59                                                                                     investing in debt securities including
                                                                                                                            31-July-09                   0.065                     12.2189
     7.94% Govt. Stock 2021                                                         1515.00        24.89   SOVEREIGN
                                                                                                                            28-Aug-09                    0.500                     11.9574    bonds and money market instruments.
     6.35% Govt. Stock 2020                                                           909.00       14.93   SOVEREIGN
     6.49% Govt. Stock 2015                                                           290.10        4.77   SOVEREIGN       25-Sept-09                    0.05                     12.0871    Fund Manager’s Report:
      PSU Bonds                                                                      2884.84        47.39                   Quarterly Dividend – Regular Plan                                 We have increased average maturity of the
     Steel Authority of India                                                         971.20       15.96   AAA                                                                               fund.
     Rural Electrification Corporation                                                897.62       14.75   AAA             31-Mar-09                     0.25                     11.2684
     Power Grid Corporation of India                                                  516.25        8.48   AAA             30-June-09                    0.25                     11.6903    Benchmark:
     Indian Railway Finance Corporation                                               499.77        8.21   AAA             25-Sept-09                    0.15                     11.4717    CRISIL Composite Bond Fund Index
      Money Market Instruments                                                         472.97        7.77                   Annual Dividend – Regular Plan                                    Inception Date:
     Indian Oil Corporation                                                           472.97        7.77   P1+
                                                                                                                            30-Mar-07                   0.3500                     10.3973    Regular Plan: 21st January, 2003
      Reverse Repos                                                                      86.52       1.42
                                                                                                                            31-Mar-09                     0.50                     12.0299    Institutional Plan: 11th December, 2008
      Cash & Current Assets                                                            -71.63       -1.18                                                                                     Auto Sweep Plan: 9th February, 2009
      Total Net Asset                                                                6086.81       100.00                   Monthly Dividend – Institutional Plan
                                                                                                                            26-June-09                   0.065                     12.2351    Fund Manager:
FUND PERFORMANCE (%)                                                                                                        31-July-09                   0.065                     10.1666    Nitish Gupta
Regular Plan                                          Scheme       Benchmark                                                25-Sept-09                    0.05                     10.0922    Total Fund Manager’s Experience:
                         17.33




                                                                                                                        #
                                                                                                                          On face value of Rs. 10.                                            13 years
                                                                                                                        Post Dividend per unit NAV will fall to the extent of the             Experience in Managing DWS Funds:
                                                                                                                        payout and applicable tax/surcharges/cess/other statutory
                                  10.02




                                                                                                                                                                                              1 years
                                            7.81




                                                                                                                        levies. Dividend distribution is subject to availability of           Asset Under Management (AUM):
                                          6.34


                                                         6.30



                                                                         6.24
                                                        5.43



                                                                        4.97




                                                                                                                        distributable surplus.
        3.83




                                                                                                                                                                                              (Rs. in Lacs)
      2.55




                                                                                                                                                                                              6086.81
                                                                                                                                                                                              NAV:
      Last 6             Last 1           Last 3        Last 5       Since
      months              year            years         years      Inception                                                                                                                  Regular Annual Dividend
                                                                                                                                                                                              Option                          Rs. 12.4932
Date of Inception : 21st January, 2003
                                                                                                                                                                                              Regular Monthly Dividend
Institutional Plan                                    Scheme       Benchmark                                            Auto Sweep Plan                          Scheme       Benchmark       Option                          Rs. 12.0174
                                                                                                                                                                                              Regular Quarterly Dividend
                                                                                                                                    3.82
                                                                 4.41




                                                                                                                                                                                              Option                          Rs. 11.3031
                                                                                                                                                                   3.41
               4.05




                                                        3.71




                                                                                                                                                                                              Regular Growth Option           Rs. 14.9977
                                                                                                                                                                            2.65
                                                                                                                                             2.55




                                                                                                                                                                                              Institutional Monthly
                                 2.55




                                                                                                                                                                                              Dividend Option                 Rs. 10.0261
                                                                                                                                                                                              Institutional Growth Option     Rs. 10.3710
                                                                                                                                                                                              Regular Auto Sweep Option       Rs. 10.3414
                                                                                                                                                                                              Average Maturity:
                                                                                                                                                                                              8.68 Yrs
            Last 6 months                             Since Inception                                                              Last 6 months                  Since Inception
                                                                                                                        Date of Inception : 9th February, 2009
                                                                                                                                                                                              Modified Duration:
Date of Inception : 12th December, 2008
                                                                                                                                                                                              5.74 Yrs
Date of allotment has been considered as date of inception. Returns for less than 1 year period                         First unit subscription received on 25th February, 2009 and
are absolute and those greater than or equal to 1 year period are compounded annualised.                                hence considered as date of inception for returns calculation.
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Performance calculated
on growth option NAV. Returns do not take into account the entry load. Since inception returns are calculated on Rs.10/- invested on inception.
                                                                                                                                                                                              The views of the Fund Manager should
ASSET ALLOCATION (%)                                                                                                    CREDIT QUALITY PROFILE (%)                                            not be construed as an advice and
                         PSU Bonds                                         47.40                                                                                                              investors must make their own
                                                                                                                        AAA/P1+                                                      100.00   investment decisions regarding suitability
                      GOI Securities                                     44.59
                                                                                                                                                                                              of the funds based on their specific
Money Market Instruments                       7.77                                                                                                                                           investment objectives and financial
                      Reverse Repos        1.42                                                                                                                                               positions and using such independent
                                                                                                                                                                                              advisors as they believe necessary.
        Cash & Current Assets              -1.18

                                                                                                                                                                                                                                        9
                                              DWS Premier Bond Fund (Cont...)
Details as on September 30, 2009

SIP – Available only for Regular Plan              Option for Investment: Regular and Institutional Plan: Dividend (Monthly, Quarterly and Annual Payout/Reinvestment) & Growth. Auto Sweep Plan: Regular Auto
STP – Regular Plan: STP In and STP Out -           Sweep Plan. Minimum Investment: Regular Plan: Rs. 5000/- and in multiples of Re. 1/- thereafter. Institutional Plan: Rs. 50 Lakhs and in multiples of Re. 1/-
Available; Institutional Plan: STP In - Not        thereafter. Auto Sweep Plan: Rs. 1 Lakh and in multiples of Re. 1/- thereafter. Additional Investment: Regular Plan, Institutional Plan and Auto Sweep Plan: Rs. 1000/-
Available and STP Out - Available; Auto            and in multiples of Re. 1/- thereafter. Minimum Repurchase Amount: Regular Plan, Institutional Plan and Auto Sweep Plan: Rs. 1000/- and in multiples of Re. 1/-
Sweep Plan: STP In and STP Out - Not               thereafter. Entry Load: Nil. 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
Available                                          the investor effective August 1, 2009. Exit Load: Regular, Institutional and Auto Sweep Plan: 0.5% if the investor redeemed/switched out within 90 days. Minimum
                                                   Investment for SIP, STP and SWP: SIP available only for Regular Plan. Minimum amount of Rs. 12000/- divided into 12 installments of Rs. 1000/- each for 12
SWP – Available
                                                   months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months. Entry and Exit Load for SIP: Loads shall be as
                                                   applicable to regular/lumpsum investments in the respective scheme. Entry and Exit Load for SIP: The loads shall be as per the applicable prevailing structure
                                                   for regular investments in the respective scheme. However, no exit load will be charged where the STP is into an equity fund from a non equity fund. Exit
                                                   Load for SWP: The load on SWP shall be the same as of exit load for the respective scheme.

Fund Objective:
                                                                                                                                                                                                                 Rated
An open-ended debt scheme with the
                                                                                                                                                                                                                AAAf by
objective to generate steady returns with
low volatility by investing in short-
medium term debt and money market
                                              DWS Short Maturity Fund                                                                                                                                           CRISIL ##
                                              ##
securities.                                     The assigned rating “AAAf” is valid only for “DWS Short Maturity Fund”. The rating of CRISIL is not an opinion of the Asset Management Company’s willingness
                                              or ability to make timely payments to investors. The rating is also not an opinion on the stability of the NAV of the fund, which could vary with market developments.
Fund Manager’s Report:
We have increased average maturity
during the month.                                  PORTFOLIO ( Top Ten Holdings)                                                                             DIVIDEND HISTORY
                                                    Issuer                                                Market Value        % to Net   Rating                 Record Date        Dividend per unit (Rs.)#  NAV (Rs.)
Benchmark:
                                                                                                                 (Lacs)        Assets                           Monthly Dividend – Regular Plan
CRISIL Short Term Bond Fund Index                   GOI Securities                                             2610.90            3.55                          31-July-09                   0.06              11.4555
Inception Date:                                    6.49% Govt. Stock 2015                                     2610.90            3.55   SOVEREIGN
                                                                                                                                                                28-Aug-09                    0.05               11.407
Regular Plan: 21st January, 2003                    PSU Bonds                                                 19006.85           25.81
                                                   Indian Oil Corporation                                     8367.51           11.37   AAA                    25-Sept-09                   0.05              11.4166
Institutional Plan: 11th December, 2008
Auto Sweep Plan: 30th March, 2009                  Power Finance Corporation                                  5111.34            6.94   AAA                    Monthly Dividend – Institutional Plan
Fund Manager:                                      Rural Electrification Corporation                          3100.00            4.21   AAA                    31-July-09                   0.06              10.2513
                                                    Steel Authority of India                                   2428.00            3.30   AAA                    28-Aug-09                    0.05              10.2036
Nitish Gupta
                                                    Corporate Debt                                            20542.74           27.90                          25-Sept-09                   0.05              10.2089
Total Fund Manager’s Experience:                   DISA Trust 2009 Shriram Transport Finance Securitised Debt 4828.93            6.56   P1+(SO)              #
                                                                                                                                                                On face value of Rs. 10.
13 years                                           Piramal Healthcare                                         2637.19            3.58   LAA
                                                   Bajaj Auto Finance                                         2532.54            3.44   LAA+                 Post Dividend per unit NAV will fall to the extent of the
Experience in Managing DWS Funds:                                                                                                                             payout and applicable tax/surcharges/cess/other statutory
                                                   GE Capital Services India                                  2509.66            3.41   AAA
1 years                                             Indian Hotels Company                                      2424.10            3.29   AA+                  levies. Dividend distribution is subject to availability of
Asset Under Management (AUM):                       Tata Motors                                                2005.15            2.72   AAA(SO)              distributable surplus.
(Rs. in Lacs)                                       Infrastructure Development Finance Company                 1526.16            2.07   AA+
                                                    Barclays Investment And Loans India                        1050.09            1.43   AAA                  FUND PERFORMANCE (%)
73627.32
                                                    Standard Chartered Bank                                    1028.91            1.40   AAA
NAV:                                                                                                                                                          Regular Plan
                                                    Money Market Instruments                                  28504.92           38.71
Regular Dividend Option-                           State Bank of Travancore                                   4812.57            6.54   A1+                                                               Scheme       Benchmark
                                              
                                                                                                                                                                                15.21


Weekly                         Rs. 10.2691          Allahabad Bank                                             4801.29            6.52   A1+
Regular Dividend Option-                            AXIS Bank                                                  2414.90            3.28   P1+
                                                                                                                                                                                         10.44




Monthly                        Rs. 11.3746          Cholamandalam DBS Finance                                  2413.50            3.28   A1+
                                                                                                                                                                                                    9.72


Regular Growth Option          Rs. 16.1373          Small Industries Development Bank of India                 2397.17            3.26   PR1+
                                                                                                                                                                                                               7.97
                                                                                                                                                                                                 7.96




                                                                                                                                                                                                                               7.41
                                                                                                                                                                                                             6.71
                                                    Export Import Bank of India                                2361.72            3.21   P1+




                                                                                                                                                                                                                             6.06
Auto Sweep Weekly
                                                                                                                                                                  4.23




                                                    Tata Motors Finance                                        1863.12            2.53   A1
                                                                                                                                                                 3.25




Dividend Option                Rs. 10.1740
Institutional Dividend                              Thomas Cook                                                 985.03            1.34   P1+
Option- Monthly                Rs. 10.1664          Corporation Bank                                            973.38            1.32   P1+
Institutional Dividend                              Punjab National Bank                                        971.32            1.32   P1+
                                                                                                                                                                 Last 6         Last 1           Last 3      Last 5        Since
                                                    ICICI Securities                                            956.79            1.30   P1+
Option- Weekly                 Rs. 10.4438                                                                                                                       months          year            years       years       Inception
                                                    Bank of India                                               954.21            1.30   P1+
Institutional Growth Option    Rs. 10.7479
                                                    Birla Global Finance                                        951.03            1.29   A1+                  Date of Inception : 21st January, 2003
Average Maturity:                                   Ericsson India                                              682.92            0.93   A1+
1.51 Yrs                                            Bank of Baroda                                              487.25            0.66   P1+                  Institutional Plan
Modified Duration:                                  Tech Mahindra                                               478.73            0.65   PR1+
                                                                                                                                                                                                           Scheme       Benchmark
                                                    Collateralised Borrowing & Lending Obligations              499.94            0.68
                                                                                                                                                                                                             7.48




1.29 Yr.
                                                    Reverse Repos                                               208.67            0.28
                                                                                                                                                                                                                      5.87




SIP – Available only for Regular Plan               Cash & Current Assets                                      2253.30            3.06
                                                                                                                                                                         4.39




STP – Regular Plan: STP In and STP Out -            Total Net Asset                                           73627.32          100.00
                                                                                                                                                                                        3.25




Available; Institutional Plan: STP In - Not
Available and STP Out - Available; Auto
Sweep Plan: STP In and STP Out - Not
                                              ASSET ALLOCATION (%)
Available
                                              Money Market Instruments                                   38.72
SWP – Available                                                                                                                                                        Last 6 months                        Since Inception
                                                          Corporate Debt                        27.90
                                                              PSU Bonds                        25.81                                                          Date of Inception : 19th December, 2008
                                                           GOI Securities   3.55
                                                                                                                                                              Date of allotment has been considered as date of inception.
                                                  Cash & Current Assets     3.06
                                                                                                                                                              Returns for less than 1 year period are absolute and those greater
                                              Collateralised Borrowing &                                                                                      than or equal to 1 year period are compounded annualised.
                                                                          0.68
                                                     Lending Obligations
                                                                                                                                                              Past performance may or may not be sustained in future
                                                           Reverse Repos 0.28
                                                                                                                                                              and should not be used as a basis of comparison with
The views of the Fund Manager should
                                                                                                                                                              other investments.
not be construed as an advice and
investors must make their own                                                                                                                                 Performance calculated on growth option NAV. Returns do
investment decisions regarding suitability    CREDIT QUALITY PROFILE (%)                                                                                      not take into account the entry load. Since inception returns
of the funds based on their specific                                                                                                                          are calculated on Rs.10/- invested on inception.
investment objectives and financial           AAA/P1+                                                    85.08
positions and using such independent               AA/P1           14.92
advisors as they believe necessary.


10
                        DWS Short Maturity Fund (Cont...)
                                                                                                                                                                                          Details as on September 30, 2009

     Option for Investment: Regular and Institutional Plan: Dividend (Weekly Reinvestment & Monthly Payout/Reinvestment) & Growth. Auto Sweep Plan: Dividend
     (Daily & Weekly Reinvestment). Minimum Investment: Regular Plan: Rs. 5000/- and in multiples of Re. 1/- thereafter. Institutional Plan: Rs. 50 lakhs and in multiples
     of Re. 1/- thereafter. Auto Sweep Plan: Rs. 50000/- and in multiples of Re. 1/- thereafter. Additional Investment: Regular Plan, Institutional Plan and Auto Sweep Plan:
     Rs. 1000/- and in multiples of Re. 1/- thereafter. Minimum Repurchase Amount: Regular Plan, Institutional Plan and Auto Sweep Plan: Rs. 1000/- and in multiples
     of Re. 1/- thereafter. Entry Load: Nil. 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. Exit Load: Regular, Institutional and Auto Sweep Plan: 0.25% if the investor redeemed/switched out within 30 days.
     Minimum Investment for SIP, STP and SWP: SIP available only for Regular Plan. Minimum amount of Rs. 12000/- divided into 12 installments of Rs. 1000/- each
     for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months. Entry and Exit Load for SIP: Loads shall be
     as applicable to regular/lumpsum investments in the respective scheme. Entry and Exit Load for STP: The loads shall be as per the applicable prevailing structure
     for regular investments in the respective scheme. However, no exit load will be charged where the STP is into an equity fund from a non equity fund. Exit Load
     for SWP: The load on SWP shall be the same as of exit load for the respective scheme.


                                                                                                                                                                Rated                     Fund Objective:
                                                         Rated  by                                                      by
                                                                                                                      Rated 
                                                        Value Research for                                                                                     AAAf by                    An open-ended liquid Income fund with
                                                                                                                     Value Research for
                                                        Super Institutional                                                                                    CRISIL ##                  the objective to generate steady returns
                                                                                                                       Regular Plan**
                                                              Plan**                                                                                                                      along with high liquidity by investing in a
                  June, 2009                                                                                                                                                              portfolio of short-term, high quality
                 
          Rated 4 by ICRA for


##
           Institutional Plan$
                                                          DWS Insta Cash Plus Fund                                                                                                        money market and debt instruments.
                                                                                                                                                                                          Fund Manager’s Report:
  The assigned rating “AAAf” is valid only for “DWS Insta Cash Plus Fund”. The rating of CRISIL is not an opinion of the Asset Management Company’s willingness                           The fund has been maintaining the
or ability to make timely payments to investors. The rating is also not an opinion on the stability of the NAV of the fund, which could vary with market developments.                    judicious mix of fixed and floating rate
                                                                                                                                                                                          securities to deliver consistent market
     PORTFOLIO ( Top Ten Holdings)                                                                              DIVIDEND HISTORY                                                         related returns.
      Issuer                                                   Market Value     % to Net    Rating                 Record Date        Dividend per unit (Rs.)#  NAV (Rs.)
                                                                     (Lacs)      Assets                            Monthly Dividend – Regular Plan                                        Benchmark:
      Money Market Instruments                                     67330.09        34.55                           31-July-09                  0.05               11.0232                 CRISIL Liquid Fund Index
     IndusInd Bank                                                17350.22         8.90    P1+                    28-Aug-09                  0.035               11.0089                 Inception Date:
     United Bank of India                                         12382.72         6.35    P1+
                                                                                                                   25-Sept-09                0.0350               11.0067                 Regular Plan: 21st January, 2003
     Ericsson India                                                6931.04         3.56    A1+
     IDBI Bank                                                     4898.36         2.51    A1+
                                                                                                                 #
                                                                                                                   On face value of Rs. 10.                                               Institutional Plan: 25th June, 2004
      State Bank of Indore                                          3142.62         1.61    P1+                  Post Dividend per unit NAV will fall to the extent of the                Super Institutional Plan: 4th Sept., 2007
      Tata Motors Finance                                           2498.77         1.28    A1                   payout and applicable tax/surcharges/cess/other statutory                Fund Manager:
      Reliance Capital                                              2492.76         1.28    A1+                  levies. Dividend distribution is subject to availability of
                                                                                                                 distributable surplus.                                                   Dwijendra Srivastava
      SBI Cards & Payments Services                                 2491.01         1.28    P1+
      SRF                                                           2476.22         1.27    F1+                                                                                           Total Fund Manager’s Experience:
      United Phosphorus                                             2475.30         1.27    PR1+                 FUND PERFORMANCE (%)
                                                                                                                                                                                          9 years
      Karur Vysya Bank                                              2164.79         1.11    F1                   Regular Plan
      Greaves Cotton                                                1978.00         1.01    F1+                                                          Scheme          Benchmark        Experience in Managing DWS Funds:
      KEC International                                             1486.02         0.76    A1+(S)                                                                                        2 years
      AXIS Bank                                                     1472.79         0.76    P1+
                                                                                                                                                                 7.64




                                                                                                                                                                                          Asset Under Management (AUM):
                                                                                                                                                               7.22




      Small Industries Development Bank of India                     999.44         0.51    PR1+
                                                                                                                                                                          6.85
                                                                                                                                                        6.82
                                                                                                                                                        6.66




                                                                                                                                                                                   6.38
                                                                                                                                                                        6.36




                                                                                                                                                                                          (Rs. in Lacs)
                                                                                                                                                                                 5.82




      Mahindra and Mahindra Financial Services                       991.45         0.51    P1+
      Thomas Cook                                                    989.68         0.51    P1+                                                                                           194884.89
      Andhra Bank                                                    108.89         0.06    F1+
                                                                                                                                                 2.38
                                                                                                                                                2.06




                                                                                                                                                                                          NAV:
      Cash Equivalents                                             63000.00        32.33
                                                                                                                                         1.07
                                                                                                                                        0.67
                                                                                                                                0.32
                                                                                                                                0.24
                                                                                                                  0.08




                                                                                                                                                                                          Regular Weekly Bonus Option     Rs. 11.2356
                                                                                                                         0.16
                                                                                                                         0.12
                                                                                                                  0.06




     RHC Holdings                                                 31000.00        15.91    A1+
     Religare Finvest                                             13000.00         6.67    A1+                                                                                           Regular Daily Dividend Option   Rs. 10.3010
                                                                                                                  Last 7 Last 15 Last 1 Last 3 Last 6 Last 1   Last 3 Last 5 Since
      Fixed Deposit                                                10000.00         5.13                           days days month months months year          years years Inception
                                                                                                                                                                                          Regular Monthly Dividend
     TGS Investment and Trade                                      4500.00         2.31    A1+                                                                                           Option                          Rs. 10.9776
                                                                                                                 Date of Inception for Regular Plan: 21st January, 2003.                  Regular Weekly Dividend
     Usha Martin                                                   4100.00         2.10    PR1+
      JM Financial Services                                          400.00         0.21    P1+                                                                                           Option                          Rs. 10.3577
                                                                                                                 Institutional Plan                                                       Regular Growth Option           Rs. 15.1281
      Corporate Debt                                               36537.20        18.75
                                                                                                                                                                                          Institutional Daily Dividend
     JM Financial Services                                        10299.00         5.28    P1+                                                          Scheme          Benchmark
                                                                                                                                                                                          Option                          Rs. 10.0516
      LIC Housing Finance                                           4066.10         2.09    AAA
                                                                                                                                                                                          Institutional Monthly
      Kesoram Industries                                            4000.00         2.05    PR1+
                                                                                                                                                                 7.80




                                                                                                                                                                                          Dividend Option                 Rs. 10.0000
                                                                                                                                                               7.22
                                                                                                                                                                          7.01

                                                                                                                                                                          6.89




      SREI Equipment Finance                                        3210.00         1.65    AA
                                                                                                                                                        6.83
                                                                                                                                                        6.82




                                                                                                                                                                        6.36

                                                                                                                                                                        6.23




                                                                                                                                                                                          Institutional Weekly
      Citicorp Finance India                                        2479.32         1.27    AA+(SO)
                                                                                                                                                                                          Dividend Option                 Rs. 10.0835
      Indian Retail ABS Trust 85 Series A2 -
                                                                                                                                                                                          Institutional Growth Option     Rs. 14.2055
                                                                                                                                                 2.46




      ICICI Bank Securitised Debt                              2212.42               1.14   AAA(SO)
                                                                                                                                                2.06




                                                                                                                                                                                          Super Institutional Weekly
                                                                                                                                         1.11




      Citi Financial Consumer Finance India                    2120.00               1.09   AA+(SO)
                                                                                                                                        0.67
                                                                                                                                 0.33
                                                                                                                                 0.24
                                                                                                                  0.08

                                                                                                                         0.17




                                                                                                                                                                                          Dividend Option                 Rs. 10.0000
                                                                                                                         0.12
                                                                                                                  0.06




      Investment Vehicle Series A3-ICICI Bank Securitised Debt 2073.69               1.06   AAA(SO)
                                                                                                                                                                                          Super Institutional Daily
      ICICI Bank                                               1839.46               0.94   AAA                   Last 7 Last 15 Last 1 Last 3 Last 6 Last 1   Last 3   Last 5 Since
                                                                                                                   days days month months months year          years    years Inception   Dividend Option                 Rs. 10.0304
      Cholamandalam DBS Finance                                1147.42               0.59   LAA-
                                                                                                                                                                                          Super Institutional Growth
      Kotak Mahindra Prime                                     1005.20               0.52   LAA                  Date of Inception for Institutional Plan: 25th June, 2004.               Option                          Rs. 11.7062
      AXIS Bank                                                 866.26               0.44   AA+
      IIEF Trust Series A2 SREI Equipment
      Finance Securitised Debt                                  727.10               0.37   LAAA(SO)
      IL & FS                                                   491.23               0.25   AAA                                                                                                              $
                                                                                                                                                                                                               **Ranking
      PSU Bonds                                                5690.70               2.92
                                                                                                                                                                                                            Methodology
     Indian Railway Finance Corporation                       4749.56               2.44   AAA
      Export Import Bank of India                               941.14               0.48   AAA
                                                                                                                                                                                                           on page no. 16
      Treasury Bills                                           1082.66               0.56
      364 Days Treasury Bill 09-Oct-2009                        999.26               0.51   SOVEREIGN                                                                                     The views of the Fund Manager should
      91 Days Treasury Bill 16-Oct-2009                          83.40               0.04   SOVEREIGN                                                                                     not be construed as an advice and
      Reverse Repos                                             447.87               0.23                                                                                                 investors must make their own
      Cash & Current Assets                                   20796.37              10.67                                                                                                 investment decisions regarding suitability
      Total Net Asset                                        194884.89             100.00                                                                                                 of the funds based on their specific
                                                                                                                                                                                          investment objectives and financial
                                                                                                                                                                                          positions and using such independent
                                                                                                                                                                                          advisors as they believe necessary.


                                                                                                                                                                                                                                  11
                                              DWS Insta Cash Plus Fund (Cont...)
Details as on September 30, 2009

Average Maturity:                             Super Institutional Plan                                                                                       ASSET ALLOCATION (%)
                                                                                       Scheme       Benchmark
0.12 Yrs




                                                                                                          7.90
                                                                                                                                                             Money Market Instruments                                    34.55




                                                                                                        7.16
                                                                                                6.94
                                                                                                6.82
Modified Duration:                                                                                                                                                       Cash Equivalents                               32.33
0.11 Yrs                                                                                                                                                                  Corporate Debt                     18.75




                                                                                        2.52
SIP – Not Available                                                                                                                                               Cash & Current Assets             10.67




                                                                                       2.06
                                                                                1.14
STP – Regular Plan: STP In - Not Available




                                                                              0.67
                                                                     0.34
                                                                                                                                                                              PSU Bonds      2.92

                                                                     0.24
                                                            0.17
                                                  0.08



                                                            0.12
                                                  0.06




and STP Out - Available; Institutional and
Super Institutional Plan: STP In - Not                                                                                                                                      Treasury Bills 0.56
                                               Last 7      Last 15   Last 1   Last 3 Last 6     Last 1 Since
Available and STP Out - Available               days        days     month    months months      year Inception                                                            Reverse Repos 0.23
SWP – Available                               Date of Inception for Super Institutional Plan: 5th September, 2007.
                                              Date of allotment has been considered as date of inception.                                                    CREDIT QUALITY PROFILE (%)
                                              Returns for less than 1 year period are absolute and those greater than or equal to 1 year period
                                              are compounded annualised.                                                                                     AAA/P1+                                                     92.05
                                              Past performance may or may not be sustained in future and should not be used as a basis of                       AA/P1        6.84
                                              comparison with other investments.                                                                                Others    1.11
                                              Performance calculated on growth option NAV. Returns do not take into account the entry load.
                                              Since inception returns are calculated on Rs.10/- invested on inception.

                                               Options for Investment: Dividend (Daily & Weekly Reinvestment, Monthly Payout/Reinvestment), Growth & Bonus (Weekly and Monthly). Minimum Investment:
                                               Regular Plan: Rs. 100000/- and in multiples of Re. 1/-thereafter. Institutional Plan: Rs. 1 crore and in multiples of Re. 1/- thereafter. Super Institutional Plan: Rs. 10
                                               crores and in multiples of Re. 1/- thereafter. Additional Investment: Regular Plan: Rs. 1000/- and in multiples of Re. 1/- thereafter. Institutional and Super Institutional
                                               Plan: Rs. 1 lakh and in multiples of Re. 1/- thereafter. Minimum Repurchase Amount: Regular Plan: Rs. 1000/- and in multiples of Re. 1/- thereafter. Institutional and
                                               Super Institutional Plan: Rs. 1 lakh and in multiples of Re. 1/- thereafter. Entry Load: Nil. 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. Exit Load: Nil. Minimum Investment for STP and SWP: Minimum
                                               amount of Rs. 12000/- divided into 12 installments of Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of
                                               Rs. 3000/- each for 3 months. Entry and Exit Load for STP: The loads shall be as per the applicable prevailing structure for regular investments in the respective
                                               scheme. However, no exit load will be charged where the STP is into an equity fund from a non equity fund. Exit Load for SWP: The load on SWP shall be the
                                               same as of exit load for the respective scheme.


                                                                                                                                                                                                          Rated
Fund Objective:                                                                                                                                                                                          AAAf by
An open-ended debt scheme with the
objective to provide liquidity and generate
                                              DWS Ultra Short Term Fund                                                                                                                                  CRISIL ##

                                              ##
stable returns by investing in a mix of          The assigned rating “AAAf” is valid only for “DWS Ultra Short Term Fund”. The rating of CRISIL is not an opinion of the Asset Management Company’s
short term debt and money market              willingness or ability to make timely payments to investors. The rating is also not an opinion on the stability of the NAV of the fund, which could vary with
instruments.                                  market developments.
                                                  PORTFOLIO ( Top Ten Holdings)                                                                             DIVIDEND HISTORY
Fund Manager’s Report:
                                                  Issuer                                                          Market Value % to Net Rating                 Record Date        Dividend per unit (Rs.)#  NAV (Rs.)
The fund has been maintaining the                                                                                       (Lacs) Assets                          Monthly Dividend – Regular Plan
judicious mix of fixed and floating rate
securities to deliver consistent market           Money Market Instruments                                           277036.57      80.11                      31-July-09                  0.0500             10.6117
related returns.                                 ICICI Bank                                                          18390.25       5.32   A1+                28-Aug-09                   0.0350             10.5987
                                                 Oriental Bank of Commerce                                           14400.66       4.16   P1+                25-Sept-09                  0.0350             10.5982
Benchmark:                                       United Bank of India                                                13579.60       3.93   A1+                Monthly Dividend – Institutional Plan
CRISIL Liquid Fund Index                         IDBI Bank                                                           13029.83       3.77   A1+                31-July-09                  0.0550             10.0632
                                                 Punjab National Bank                                                13002.52       3.76   PR1+               28-Aug-09                   0.0350             10.0498
Inception Date:                                  Vijaya Bank                                                         10580.20       3.06   PR1+               25-Sept-09                  0.0350              10.049
Regular Plan: 21st October, 2003                 Central Bank of India                                                9892.23       2.86   PR1+             #
                                                                                                                                                               On face value of Rs. 10.
Institutional Plan: 7th July, 2008               State Bank of Hyderabad                                              9568.48       2.77   A1+              Post Dividend per unit NAV will fall to the extent of the
Date of Recommecement of Institutional           Central Bank of India                                                9557.32       2.76   A1+              payout and applicable tax/surcharges/cess/other statutory
Plan: 18th Nov, 2008                              State Bank of Patiala                                                8699.38       2.52   P1+              levies. Dividend distribution is subject to availability of
Auto Sweep Plan: 30th March, 2009                                                                                                                            distributable surplus.
                                                  Ericsson India                                                       7804.80       2.26   A1+
                                                  State Bank of Hyderabad                                              7351.59       2.13   P1+
                                                                                                                                                             FUND PERFORMANCE (%)
                                                  Punjab and Sindh Bank                                                7252.05       2.10   A1+
                                                                                                                                                             Regular Plan
                                                  UCO Bank                                                             7189.13       2.08   P1+
                                                  Federal Bank                                                         6730.96       1.95   P1+                                                      Scheme          Benchmark
                                                  IDBI Home Finance                                                    6287.39       1.82   A1+
                                                                                                                                                                                                      7.84
                                                                                                                                                                                                    7.22

                                                                                                                                                                                                                 7.04
                                                                                                                                                                                            6.83
                                                                                                                                                                                            6.82




                                                                                                                                                                                                                          6.65




                                                  Birla Global Finance                                                 6202.47       1.79   A1+
                                                                                                                                                                                                               6.36


                                                                                                                                                                                                                        5.97




                                                  Punjab National Bank                                                 5819.89       1.68   P1+
                                                  State Bank of Indore                                                 5394.76       1.56   P1+
                                                                                                                                                                                     2.54
                                                                                                                                                                                    2.06




                                                  AXIS Bank                                                            5192.62       1.50   P1+
                                                                                                                                                                          1.15
                                                                                                                                                                         0.67
                                                                                                                                                               0.35
                                                                                                                                                               0.24




                                                  SBI Cards & Payments Services                                        4934.75       1.43   P1+
                                                  LIC Housing Finance                                                  4801.10       1.39   P1+
                                                                                                                                                              Last 1 Last 3 Last 6 Last 1           Last 3     Last 5 Since
                                                  Standard Chartered Bank                                              4799.56       1.39   P1+               month months months year              years      years Inception
                                                  Small Industries Development Bank of India                           4794.34       1.39   PR1+
The views of the Fund Manager should                                                                                                                         Date of Inception : 21st October, 2003.
                                                  Corporation Bank                                                     4781.30       1.38   P1+
not be construed as an advice and
investors must make their own                     Indian Bank                                                          4763.59       1.38   F1+
investment decisions regarding suitability        Tata Motors                                                          4677.70       1.35   A1
of the funds based on their specific              YES Bank                                                             4473.95       1.29   A1+
investment objectives and financial               Allahabad Bank                                                       4311.64       1.25   A1+
positions and using such independent              Canara Bank                                                          3870.31       1.12   P1+
advisors as they believe necessary.
                                                  Kotak Mahindra Prime                                                 3364.20       0.97   P1+

12
                                              by
                                        Rated 
                                       Value Research for

             June, 2009
                                         Regular Plan**
                                                                    DWS Ultra Short Term
             
      Rated 4 by ICRA for
          Regular Plan$
                                                                            Fund (Cont...)
                                                                                                                                                                             Details as on September 30, 2009

  PORTFOLIO ( Top Ten Holdings)                                                              Institutional Plan                                                             Fund Manager:
   Issuer                                                 Market Value % to Net     Rating                                                         Scheme    Benchmark       Dwijendra Srivastava
                                                                (Lacs) Assets




                                                                                                                                                            5.83
                                                                                                                                                                             Total Fund Manager’s Experience:




                                                                                                                                                                   5.40
   Reliance Petroleum                                          3122.84      0.90    P1+
   Television Eighteen India                                   2934.36      0.85    A1+(SO)                                                                                  9 years
   Tata Capital                                                2913.47      0.84    A1+




                                                                                                                                            2.64
                                                                                                                                                    2.06
   Bank of Maharashtra                                         2903.35      0.84    A1+                                                                                      Experience in Managing DWS Funds:




                                                                                                                         1.20
                                                                                                                                0.67
                                                                                                  0.37
   IDBI Bank                                                   2886.77      0.83    P1+




                                                                                                         0.24
                                                                                                                                                                             2 years
   Karur Vysya Bank                                            2755.18      0.80    F1
   Telco Construction Equipment Company                        2428.88      0.70    A1+           Last 1                 Last 3             Last 6            Since          Asset Under Management (AUM):
                                                                                                  month                  months             months          Inception        (Rs. in Lacs)
   CitiBank N.A                                                2425.49      0.70    P1+
   State Bank of Mysore                                        2410.24      0.70    P1+       Date of Inception : 7th July, 2008.                                            345807.38
   Jammu & Kashmir Bank                                        2385.31      0.69    P1+       Date of Recommecement of Institutional Plan: 18th Nov, 2008
   State Bank of Travancore                                    2375.93      0.69    A1+       Date of allotment has been considered as date of inception.                    NAV:
   State Bank of Mysore                                        2372.78      0.69    A1+       In the case of Institutional Plan, Date of Recommencement                      Regular Monthly Dividend
   Deutsche Postbank Home Finance                              2344.71      0.68    P1+       has been considered as inception date.                                         Option                          Rs. 10.5694
   Tech Mahindra                                               1914.91      0.55    PR1+      Returns for less than 1 year period are absolute and those                     Regular Weekly Dividend
   State Bank of Travancore                                    1436.86      0.42    P1+       greater than or equal to 1 year period are compounded                          Option                          Rs. 10.5066
                                                                                              annualised.                                                                    Regular Daily Dividend Option   Rs. 10.0215
   Indian Oil Corporation                                      1418.95      0.41    P1+
                                                                                              Past performance may or may not be sustained in future                         Regular Bonus Option            Rs. 10.7077
   Punjab National Bank                                         998.43      0.29    A1+
                                                                                              and should not be used as a basis of comparison with                           Regular Growth Option           Rs. 14.6665
   Aditya Birla Nuvo                                            981.27      0.28    A1+       other investments.
   Reliance Capital                                             498.55      0.14    A1+                                                                                      Institutional Weekly
                                                                                              Performance calculated on growth option NAV. Returns                           Dividend Option                 Rs. 10.0829
   Andhra Bank                                                   29.70      0.01    F1+       do not take into account the entry load. Since inception
                                                                                                                                                                             Institutional Daily Dividend
  Corporate Debt                                                62409.70    18.05             returns are calculated on Rs.10/- invested on inception.
                                                                                                                                                                             Option                          Rs. 10.0179
 Citi Financial Consumer Finance India                          7902.16     2.29 AA+(SO)                                                                                    Institutional Monthly
  Piramal Healthcare                                             5274.38     1.53 LAA         ASSET ALLOCATION (%)                                                           Dividend Option                 Rs. 10.0201
  IL & FS Trust Series 1 2009 Tata Motor                                                                                                                                     Institutional Growth Option     Rs. 10.5827
  Finance Securitised Debt                                       5030.83     1.45   A1(SO)    Money Market Instruments                                               80.11   Auto Sweep Regular Daily
  Indus Towers                                                   5022.51     1.45   P1+                                                                                      Dividend Option                 Rs. 10.0213
  SREI Equipment Finance                                         3062.10     0.89   AA                     Corporate Debt                 18.05
  IBRL Trust Jun 09 II Series 3 A1 Tata Motors Securitised Debt 3058.33      0.88   P1+(SO)                                                                                  Average Maturity:
                                                                                                  Cash & Current Assets            1.84
  IBRL Trust Jun 09 III Series 2 A1Tata Motors Securitised Debt 3028.81      0.88   P1+(SO)                                                                                  0.53 Yrs
  Cholamandalam DBS Finance                                      2883.52     0.83   LAA-
  IBRL Trust June 09 - Series 1 A1 Tata Motors Securitised Debt 2559.09      0.74   P1+(SO)                                                                                  Modified Duration:
  Infrastructure Development Finance Company                     2547.24     0.74   AA+                                                                                      0.5 Yrs
  Kotak Mahindra Investments                                     2500.00     0.72   A1+       CREDIT QUALITY PROFILE (%)
                                                                                                                                                                             SIP – Not Available
  Jamnalal Sons Private                                          2500.00     0.72   A1+
  SREI Equipment Finance                                         2500.00     0.72   AA        AAA/P1+                                                               86.63    STP – Regular Plan: STP In and STP Out -
                                                                                                 AA/P1                 12.30
                                                                                                                                                                             Available; Institutional Plan: STP In - Not
  Bharat Sec Trust 2 Series A -Shriram Transport
                                                                                                                                                                             Available and STP Out - Available; Auto
  Finance Securitised Debt                                       2474.50     0.72 AA(SO)        Others          1.07                                                         Sweep Plan: STP In and STP Out - Not
  Indian Commercial Loan Trust Series 8 A1                                                                                                                                   Available.
  Tata Communication Securitised Debt                            1685.70     0.49   P1+(SO)
                                                                                                                                                                             SWP – Available
  GE Money Financial Services                                    1500.44     0.43   AAA
  GE Capital Services India                                      1432.39     0.41   AAA
  Shriram Transport Finance Company                              1197.53     0.35   AA
  Tata Capital                                                   1155.07     0.33   LAA+
                                                                                               Option for Investment: Regular and Institutional Plan:
  Kotak Mahindra Prime                                           1004.15     0.29   AA
                                                                                               Dividend (Daily Reinvestment, Weekly & Monthly
  Kotak Mahindra Prime                                            963.40     0.28   AA         Reinvestment/Payout) Growth and Bonus. Auto Sweep
  Citicorp Finance India                                          900.00     0.26   AA+(SO)    Plan: Dividend (Daily & Weekly Reinvestment) Minimum
  IBCL Trust Series - I Atlas Copco Securitised Debt              854.96     0.25   AA+(SO)    Investment: Regular Plan: Rs. 5000/- and in multiples of
  ILFS Trust Series D6 Tata Motors Finance Securitised Debt       785.71     0.23   A(SO)      Re. 1/- thereafter. Institutional Plan: Rs. 10 crores and in
  LIC Housing Finance                                             164.22     0.05   AAA        multiples of Re. 1/- thereafter. Auto Sweep Plan: Rs. 50000/-
                                                                                               and in multiples of Re. 1/- thereafter. Additional Investment:
  Indian Loan Rec Sec Trust Series 6
                                                                                               Regular Plan and Auto Sweep Plan: Rs. 1000/- and in
  Cholamandalam Securitised Debt                                  147.85     0.04 LC(SO)
                                                                                               multiples of Re. 1/- thereafter. Institutional Plan: Rs. 1 lakh
  Auto Sec Trust -Mixpool TML Finance Securitised Debt            125.71     0.04 AA(SO)       and in multiples of Re. 1/- thereafter. Minimum Repurchase
  Corporate Debt Trust Series 15 A2II National Housing                                         Amount: Regular Plan and Auto Sweep Plan: Rs. 1000/- and
  Bank Securitised Debt                                            63.82     0.02 LAAA(SO)     in multiples of Re. 1/-thereafter. Institutional Plan: Rs. 1
  Investment Vehicle Series A3-ICICI Bank Securitised Debt         54.57     0.02 AAA(SO)      lakh and in multiples of Re. 1/- thereafter. Entry Load: Nil.
  Indian Commercial Loan Trust Series 8 A2                                                     In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/
  Tata Communication Securitised Debt                              29.07     0.01 P1+(SO)      09 dated June 30, 2009, no entry load will be charged by
                                                                                               the Scheme to the investor effective August 1, 2009. Exit
                                                                                                                                                                                                 $
                                                                                                                                                                                                   **Ranking
  Indian Retail ABS Series XLI ICICI Bank Securitised Debt          1.65     0.00 AAA(SO)
                                                                                               Load: Regular, Institutional and Auto Sweep Plan: Nil.                                           Methodology
   Cash & Current Assets                                        6361.11      1.84              Minimum Investment for STP and SWP: Minimum amount                                              on page no. 16
   Total Net Asset                                            345807.38    100.00              of Rs. 12000/- divided into 12 installments of Rs. 1000/-
                                                                                               each for 12 months or 6 installments of Rs. 2000/- each
                                                                                               for 6 months or 4 installments of Rs. 3000/- each for 3                       The views of the Fund Manager should
                                                                                               months. Entry and Exit Load for STP: The loads shall be as                    not be construed as an advice and
                                                                                               per the applicable prevailing structure for regular                           investors must make their own
                                                                                               investments in the respective scheme. However, no exit                        investment decisions regarding suitability
                                                                                               load will be charged where the STP is into an equity                          of the funds based on their specific
                                                                                               fund from a non equity fund. Exit Load for SWP: The                           investment objectives and financial
                                                                                               load on SWP shall be the same as of exit load for the                         positions and using such independent
                                                                                               respective scheme.                                                            advisors as they believe necessary.


                                                                                                                                                                                                                    13
                                                                                                                                                                     June, 2009
                                                                                                                                                                    
                                                                                                                                                             Rated 5 by ICRA
                                              DWS Money Plus Fund                                                                                            for Regular Plan$



Details as on September 30, 2009

Fund Objective:                                   PORTFOLIO ( Top Ten Holdings)                                                                          DIVIDEND HISTORY
An open-ended debt fund with the                  Issuer                                                 Market Value     % to Net Rating                   Record Date        Dividend per unit (Rs.)#  NAV (Rs.)
objective to generate steady return by                                                                         (Lacs)      Assets                           Monthly Dividend – Regular Plan
investing in debt and money market                Money Market Instruments                                    33478.02        51.73                         31-July-09                  0.0550             10.3913
securities across the credit spectrum.                                                                                                                      28-Aug-09                   0.0350             10.3725
                                                 Television Eighteen India                                    4965.86         7.67    A1+(SO)
Fund Manager’s Report:                           Punjab National Bank                                         4796.04         7.41    PR1+                 25-Sept-09                  0.0350             10.3709
The fund has been maintaining the                Standard Chartered Bank                                      4262.96         6.59    P1+                  Monthly Dividend – Institutional Plan
judicious mix of fixed and floating rate         CitiBank N.A                                                 2424.90         3.75    P1+                  31-July-09                  0.0550             10.3086
securities to deliver consistent market          Cholamandalam DBS Finance                                    2413.50         3.73    A1+                  28-Aug-09                   0.0350             10.2907
related returns.                                                                                                                                            25-Sept-09                  0.0350             10.3023
                                                  IDBI Home Finance                                            2393.25         3.70    A1+
                                                                                                                                                          #
Benchmark:                                        State Bank of Hyderabad                                      2372.96         3.67    A1+                  On face value of Rs. 10.
CRISIL Liquid Fund Index                          JM Financial Products                                        2322.39         3.59    P1+                Post Dividend per unit NAV will fall to the extent of the
                                                  Karur Vysya Bank                                             1967.85         3.04    F1                 payout and applicable tax/surcharges/cess/other statutory
Inception Date:                                                                                                                                           levies. Dividend distribution is subject to availability of
                                                  Punjab National Bank                                         1062.76         1.64    P1+
Regular Plan: 13th March, 2006                                                                                                                            distributable surplus.
                                                  Indian Oil Corporation                                        945.96         1.46    P1+
Institutional Plan: 7th November, 2006            Trent                                                         944.60         1.46    PR1+               FUND PERFORMANCE (%)
Date of Recommencement of Institutional           Syndicate Bank                                                481.41         0.74    PR1+               Regular Plan                                    Scheme    Benchmark
Plan: 13th April, 2009.                           Tata Capital                                                  481.10         0.74    A1+




                                                                                                                                                                                                   7.99




                                                                                                                                                                                                                   7.91
                                                  Allahabad Bank                                                480.85         0.74    A1+




                                                                                                                                                                                                            7.22
Fund Manager:




                                                                                                                                                                                                                          7.07
                                                                                                                                                                                        6.82
                                                                                                                                                                               6.82
Dwijendra Srivastava                              IDBI Bank                                                     480.22         0.74    A1+
                                                  State Bank of Indore                                          294.74         0.46    P1+
Total Fund Manager’s Experience:




                                                                                                                                                              2.61
                                                  Canara Bank                                                   288.30         0.45    P1+




                                                                                                                                                                      2.06
9 years                                           AXIS Bank                                                      98.37         0.15    P1+
Experience in Managing DWS Funds:               Corporate Debt                                            31383.53            48.49
                                                                                                                                                               Last 6           Last 1              Last 3           Since
2 years                                        Vishal Retail                                              3880.79             6.00 UNRATED                    months            year               years          Inception
                                               DISA Trust 2009 Shriram Transport Finance Securitised Debt 4828.93             7.46 P1+(SO)
Asset Under Management (AUM):                  Citi Financial Consumer Finance India                      3500.00             5.41 AA+(SO)               Date of Inception : 13th March, 2006.
(Rs. in Lacs)                                  Indian Corporate Loan Sec Trust 08 Series 13                                                              Institutional Plan                              Scheme    Benchmark
64716.49                                        BHW Home Finance Securitised Debt                          2899.35             4.48 AA+(SO)




                                                                                                                                                                                 2.52
NAV:                                           CLS Series XXIX Trust 06 Shriram Transport
                                                Finance Securitised Debt                                   2616.85             4.04 F1+(SO)




                                                                                                                                                                                                          1.60
Regular Monthly Dividend                        BHPC Auto Sec Trust Sep2007-II Series A2
Option                         Rs. 10.3419      Tata Motors Securitised Debt                               2369.98             3.66 AAA(SO)
Regular Weekly Dividend                         IBRL Trust Jun 09 III Series A1
Option                         Rs. 10.1628      Tata Motors Securitised Debt                               2255.49             3.49    P1+(SO)
Regular Daily Dividend                          SREI Equipment Finance                                     2147.17             3.32    AA
Option                         Rs. 10.0645
                                                Citi Financial Consumer Finance India                      2047.94             3.16    AA+(SO)                                          Since Inception
Regular Bonus Option           Rs. 10.7113
                                                Kotak Mahindra Prime                                       1445.09             2.23    AA
Regular Growth Option          Rs. 13.1055                                                                                                                Date of Inception : 7th November, 2006
                                                Union Bank of India                                        1004.37             1.55    AAA
Institutional Monthly                                                                                                                                     Date of Recommencement of Institutional Plan: 13th April,
                                                JM Financial Services                                      1000.00             1.55    P1+                2009.
Dividend Option                Rs. 10.2734
                                                Cholamandalam DBS Finance                                   698.43             1.08    LAA-               In the case of Institutional Plan, Date of Recommencement
Institutional Weekly
Dividend Option                Rs. 10.1392      Investment Vehicle Series A3-ICICI Bank Securitised Debt 218.28                0.34    AAA(SO)            has been considered as Date of Inception.
Institutional Daily Dividend                    LIC Housing Finance                                         125.43             0.19    AAA                Date of allotment has been considered as date of inception.
Option                         Rs. 10.0790      GE Capital Services India                                   122.40             0.19    AAA                Returns for less than 1 year period are absolute and those
                                                AXIS Bank                                                   118.57             0.18    AA+                greater than or equal to 1 year period are compounded
Institutional Growth Option    Rs. 10.2517
                                                                                                                                                          annualised.
                                                GE Money Financial Services                                 104.45             0.16    AAA
Average Maturity:                                                                                                                                         Past performance may or may not be sustained in future
                                                  Reverse Repos                                                  300.28        0.46                       and should not be used as a basis of comparison with
0.41 Yrs
                                                  PSU Bonds                                                      147.22        0.23                       other investments.
Modified Duration:                                Indian Railway Finance Corporation                             147.22        0.23 A A A                 Performance calculated on growth option NAV. Returns
                                                                                                                                                          do not take into account the entry load. Since inception
0.38 Yrs                                          Cash & Current Assets                                         -592.55        -0.92                      returns are calculated on Rs.10/- invested on inception.
SIP – Not Available                               Total Net Asset                                             64716.49       100.00
                                                                                                                                                          CREDIT QUALITY PROFILE (%)
STP – Regular Plan: STP In and STP Out -
Available; Institutional Plan: STP In - Not                                                                                                               AAA/P1+                                                          71.09
Available and STP Out - Available
                                                                                                                                                             AA/P1                      19.87
SWP – Available
                                              ASSET ALLOCATION (%)                                                                                           Others          9.04

                                              Money Market Instruments                               51.73                                                 Option for Investment: Dividend (Daily & Weekly
                                                                                                                                                           Reinvestment & Monthly Reinvestment/ Payout),
      $
        Ranking                                          Corporate Debt                              48.49                                                 Growth and Bonus. Minimum Investment: Regular Plan:
    Methodology                                           Reverse Repos 0.46
                                                                                                                                                           Rs. 5000/- and in multiples of Re. 1/- thereafter.
   on page no. 16                                                                                                                                          Institutional Plan: Rs. 1 crore and in multiples of Re. 1/-
                                                             PSU Bonds 0.23                                                                                thereafter. Additional Investment: Regular Plan: Rs. 1000/-
                                                                                                                                                           and in multiples of Re. 1/- thereafter. Institutional Plan:
                                                   Cash & Current Assets -0.92                                                                             Rs. 100000/- and in multiples of Re. 1/- thereafter. Minimum
The views of the Fund Manager should                                                                                                                       Repurchase Amount: Regular Plan: Rs. 1000/- and in
not be construed as an advice and                                                                                                                          multiples of Re. 1/- thereafter. Institutional Plan:
investors must make their own
                                               Rs. 100000/- and in multiples of Re. 1/- thereafter. Entry Load: Nil. In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load
investment decisions regarding suitability
                                               will be charged by the Scheme to the investor effective August 1, 2009. Exit Load: For each purchase/switchin of any amount, if exited within 7 days from
of the funds based on their specific
                                               allotment date: 0.10%. For Fund of Funds (FOF) Scheme: Nil. Minimum Investment for STP and SWP: Minimum amount of Rs. 12000/- divided into 12 installments
investment objectives and financial
                                               of Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each for 3 months. Entry and Exit Load for STP:
positions and using such independent
                                               The loads shall be as per the applicable prevailing structure for regular investments in the respective scheme. However, no exit load will be charged where
advisors as they believe necessary.
                                               the STP is into an equity fund from a non equity fund. Exit Load for SWP: The load on SWP shall be the same as of exit load for the respective scheme.

14
                                              Rated
     Rated 
                                              AAf by
    by Value Research
    for Regular Plan**                       CRISIL ##                                       DWS Cash
                                                                                      Opportunities Fund
##
   The assigned rating “AAf” is valid only for “DWS Cash Opportunities Fund*”. The rating of CRISIL is not an opinion of the Asset Management Company’s
willingness or ability to make timely payments to investors. The rating is also not an opinion on the stability of the NAV of the fund, which could vary with                       Details as on September 30, 2009
market developments.

    PORTFOLIO ( Top Ten Holdings)                                                                          DIVIDEND HISTORY                                                        Fund Objective:
    Issuer                                                     Market Value % to Net       Rating             Record Date        Dividend per unit (Rs.)#  NAV (Rs.)                An open-ended debt fund with the
                                                                      (Lacs) Assets                           Monthly Dividend – Regular Plan                                       objective to generate regular income by
  Money Market Instruments                                        71668.93     72.11                                                                                                investing primarily in investment graded
 Oriental Bank of Commerce                                        7089.13      7.13       P1+                31-July-09                  0.0600             10.2959
                                                                                                                                                                                    fixed income securities/money market
 AXIS Bank                                                        5721.96      5.76       P1+                28-Aug-09                   0.0400             10.2741
                                                                                                                                                                                    instruments.
 Tata Motors Finance                                              5292.67      5.33       A1                 25-Sept-09                  0.0400             10.2689
 SBI Cards & Payments Services                                    4833.64      4.86       P1+                                                                                      Fund Manager’s Report:
 Religare Finvest                                                 4370.83      4.40       A1+                Monthly Dividend – Institutional Plan
 Ericsson India                                                   3731.89      3.75       A1+                31-July-09                  0.0600             10.326                 The fund focusses on adding value
 Punjab National Bank                                             3351.49      3.37       P1+                                                                                      through credit identification while strict
 IDBI Home Finance                                                2923.65      2.94       A1+                28-Aug-09                   0.0400             10.3056
                                                                                                                                                                                    portfolio discipline ensures minimal
 ICICI Bank                                                       2919.00      2.94       A1+                25-Sept-09                  0.0400             10.3031
  Standard Chartered Bank                                          2888.55      2.91       P1+              #
                                                                                                                                                                                    volatility in returns.
                                                                                                              On face value of Rs. 10.
  YES Bank                                                         2602.04      2.62       A1+
  CitiBank N.A                                                     2424.90      2.44       P1+              Post Dividend per unit NAV will fall to the extent of the               Benchmark:
  Cholamandalam DBS Finance                                        2413.50      2.43       A1+              payout and applicable tax/surcharges/cess/other statutory               CRISIL Liquid Fund Index
  State Bank of Mysore                                             2410.24      2.43       P1+              levies. Dividend distribution is subject to availability of
  State Bank of Patiala                                            2371.49      2.39       P1+              distributable surplus.                                                  Inception Date:
  State Bank of Mysore                                             2364.18      2.38       A1+
  Corporation Bank                                                 2362.83      2.38       P1+                                                                                      Regular Plan*: 22nd June, 2007
  Tata Motors                                                      2338.85      2.35       A1                                                                                       Institutional Plan*: 10th January, 2008
  Television Eighteen India                                        1966.24      1.98       A1+(SO)          FUND PERFORMANCE (%)
  Thomas Cook                                                      1950.68      1.96       P1+                                                                                      Fund Managers:
  Kesoram Industries                                               1398.18      1.41       PR1+             Regular Plan*                           Scheme          Benchmark
  Tata Capital                                                       971.16     0.98       A1+                                                                                      Dwijendra Srivastava       &    Kumaresh




                                                                                                                                                             8.54
  Reliance Petroleum                                                 956.96     0.96       P1+                                                                                      Ramakrishnan




                                                                                                                                      7.48




                                                                                                                                                                     6.99
                                                                                                                                             6.82
  Federal Bank                                                       491.24     0.49       P1+
  Small Industries Development Bank of India                         475.61     0.48       P1+                                                                                      Total Fund Manager’s Experience:
  Karur Vysya Bank                                                   293.06     0.29       F1
  Bajaj Auto Finance                                                 210.19     0.21       P1+                                                                                      9 years and 2 years
                                                                                                                  2.88




  Reliance Capital                                                   210.03     0.21       A1+
                                                                                                                         2.06




  Canara Bank                                                        191.24     0.19       P1+
                                                                                                                                                                                    Experience in Managing DWS Funds:
  ICICI Securities                                                   143.52     0.14       P1+                                                                                      2 years and 2 years
  Corporate Debt                                                  24590.53     24.74
 Citicorp Finance India                                           4019.11      4.04       AA+(SO)                 Last 6               Last 1                 Since                Asset Under Management (AUM):
  GE Money Financial Services                                      2520.44      2.54       AAA                     months                year                Inception
                                                                                                                                                                                    (Rs. in Lacs)
  Kotak Mahindra Investments                                       2500.00      2.52       A1+              Date of Inception: 22nd June, 2007.
  Citi Financial Consumer Finance India                            2024.01      2.04       AA+(SO)                                                                                  99387.89
  Citi Financial Consumer Finance India                            2000.00      2.01       AA+(SO)          Institutional Plan*                     Scheme          Benchmark
  BHPC Auto Sec Trust Sep 2007-II Series A2                                                                                                                                         NAV:
  Tata Motors Securitised Debt                                      1871.03         1.88   AAA(SO)
                                                                                                                                                             8.52

                                                                                                                                                                                    Regular Monthly Dividend
                                                                                                                                      7.68




  IBRL Trust Jun 09 II Series A1 Tata Motors Securitised Debt 1396.19               1.40   P1+(SO)                                                                   7.21
                                                                                                                                             6.82




  CLS Series XXIX Trust 06 Shriram Transport                                                                                                                                        Option                       Rs. 10.2356
  Finance Securitised Debt                                          1046.74         1.05   F1+(SO)                                                                                  Regular Fortnightly Dividend
  Corp Loan Sec Trust Series XXXIII Trust 06                                                                                                                                        Option                       Rs. 10.1454
                                                                                                                  2.99




  Shriram Transport Finance Securitised Debt                        1004.46         1.01   F1+(SO)
                                                                                                                         2.06




  Sundaram Finance                                                   949.08         0.95   AA+                                                                                      Regular Weekly Dividend
  Shriram Transport Finance Company                                  797.81         0.80   AA                                                                                       Option                       Rs. 10.1061
  Sundaram Finance                                                   663.85         0.67   P1+                                                                                      Regular Daily Dividend
  Tata Capital                                                       577.54         0.58   LAA+                    Last 6               Last 1                 Since
  Infrastructure Development Finance Company                         508.72         0.51   AA+                                                                                      Option                       Rs. 10.0271
                                                                                                                   months                year                Inception              Regular Growth Option        Rs. 12.0521
  Auto Sec Trust -Mixpool TML Finance Securitised Debt               496.35         0.50   AA(SO)
  SREI Equipment Finance                                             469.02         0.47   AA               Date of Inception: 10th January, 2008.                                  Institutional Monthly
  GE Capital Services India                                          417.34         0.42   AAA                                                                                      Dividend Option              Rs. 10.2706
  Tata Capital                                                       348.80         0.35   AA+              Date of allotment has been considered as date of inception.
  Indian Retail ABS Trust 85 Series A2 - ICICI Bank Securitised Debt 257.26         0.26   AAA(SO)                                                                                  Institutional Fortnightly
                                                                                                            Returns for less than 1 year period are absolute and those
  IBCL Trust Series - I Atlas Copco Securitised Debt                 224.99         0.23   AA+(SO)                                                                                  Dividend Option              Rs. 10.0944
  Kotak Mahindra Prime                                               161.43         0.16   P1+              greater than or equal to 1 year period are compounded
  ILFS Trust Series D6 Tata Motors Finance Securitised Debt 157.14                  0.16   A(SO)            annualised.                                                             Institutional Weekly
  Corporate Debt Trust 2008-09 Series 16 Class A2                                                                                                                                   Dividend Option              Rs. 10.0807
                                                                                                            Past performance may or may not be sustained in future
  Power Finance Securitised Debt                                      99.29         0.10   AAA(SO)          and should not be used as a basis of comparison with                    Institutional Daily Dividend
  Corporate Debt Trust Series 15 A2II National Housing                                                                                                                              Option                       Rs. 10.0243
  Bank Securitised Debt                                               70.20         0.07   LAAA(SO)         other investments.
  Indian Loan Rec Sec Trust Series 6                                                                        Performance calculated on growth option NAV. Returns                    Institutional Growth Option Rs. 11.5137
  Cholamandalam Securitised Debt                                       6.43        0.01    LC(SO)           do not take into account the entry load. Since inception
  Indian Retail ABS Trust Series XLI ICICI Bank Securitised Debt 3.29              0.00    AAA(SO)                                                                                  Average Maturity:
                                                                                                            returns are calculated on Rs.10/- invested on inception.
  Cash Equivalents                                                  1800.00        1.81                                                                                             0.54 Yrs
  DIC India                                                         1000.00        1.01    P1+              ASSET ALLOCATION (%)
  Usha Martin                                                        800.00        0.80    PR1+                                                                                     Modified Duration:
  PSU Bonds                                                         1013.07        1.02                     Money Market Instruments                                        72.11   0.5 Yrs
  Indian Railway Finance Corporation                                1013.07        1.02    AAA
  Reverse Repos                                                       81.43        0.08                              Corporate Debt                 24.74
                                                                                                                                                                                    SIP – Not Available
  Cash & Current Assets                                              233.93        0.24                             Cash Equivalents 1.81
                                                                                                                          PSU Bonds 1.02                                            STP – Available
  Total Net Asset                                                  99387.89      100.00
                                                                                                               Cash & Current Assets 0.24                                           SWP – Available
CREDIT QUALITY PROFILE (%)
                                                                                                                      Reverse Repos 0.08
AAA/P1+                                                79.37
    AA/P1             20.17                                                                                  Options for Investment: Regular Plan: Dividend (Daily &                                    **Ranking
                                                                                                             Weekly Dividend Reinvestment only, Fortnightly                                            Methodology
    Others   0.46
                                                                                                             Reinvestment/Payout         &     Monthly         Dividend                               on page no. 16
 Reinvestment/Payout) and Growth Option. Institutional Plan: Growth Option, Bonus Option and Dividend (Daily & Weekly Dividend Reinvestment only,
 Fortnightly Monthly Dividend Reinvestment/Payout). Minimum Investment: Regular Plan: Rs. 5000/- and in multiples of Re. 1/- thereafter. Institutional Plan:
 Rs. 1 crore and in multiples of Re. 1/- thereafter. Additional Investment: Regular and Institutional Plan: Rs. 1000/- and in multiples of Re. 1/- thereafter. Minimum
 Repurchase Amount: Regular and Institutional Plan: Rs. 1000/- and in multiples of Re. 1/- thereafter. Entry Load: Regular and Institutional Plan: Nil. In terms of SEBI            The views of the Fund Manager should
 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. Exit Load:                    not be construed as an advice and
 Regular and Institutional Plan: 0.25% if the investor redeems within 30 days from the allotment of units. Minimum Investment for STP and SWP: Minimum amount                       investors must make their own
 of Rs. 12000/- divided into 12 installments of Rs. 1000/- each for 12 months or 6 installments of Rs. 2000/- each for 6 months or 4 installments of Rs. 3000/- each                investment decisions regarding suitability
 for 3 months. Entry and Exit Load for STP: The loads shall be as per the applicable prevailing structure for regular investments in the respective scheme. However,                of the funds based on their specific
 no exit load will be charged where the STP is into an equity fund from a non equity fund. Exit Load for SWP: The load on SWP shall be the same as of exit load                     investment objectives and financial
 for the respective scheme.                                                                                                                                                         positions and using such independent
                                                                                                                                                                                    advisors as they believe necessary.
* Name of the Plans were change from 15 Days Plan to Regular Plan and 30 Days Plan to Institutional Plan w.e.f. August 21, 2009.

                                                                                                                                                                                                                              15
Ranking Methodology
$
    ICRA:
DWS Money Plus Fund - Regular Plan has been rated as a Five Star Fund in the category of ‘Ultra Short Term - Debt’ Schemes and DWS Insta Cash Plus Fund - Institutional Plan has been rated as a Four Star Fund in the category
of 'Ultra Short Term - Debt - IP' Schemes for their 3 years performance and DWS Money Plus Advantage Fund - Regular Plan has been rated as a Four Star Fund in the category of ‘Marginal Equity’ Schemes and DWS Ultra
Short Term Fund - Regular Plan has been rated as a Four Star Fund in the category of 'Ultra Short Term - Debt' schemes for their 1 year performance till June 30, 2009.
The rank is an outcome of an objective and comparative analysis against various parameters, including: risk adjusted return, fund size, company concentration, portfolio turnover and liquidity. The ranking
methodology did not take into account entry and exit loads imposed by the Fund. There were 33 schemes considered in 'Ultra Short Term - Debt' category, 23 schemes in 'Ultra Short Term - Debt IP' category
for their 3 years performance; 29 schemes in 'Marginal Equity' category and 38 schemes in ‘Ultra Short Term - Debt’ category for their 1 year performance for the ranking exercise. The rank is neither a certificate
of statutory compliance nor any guarantee on the future performance of DWS Money Plus Fund - Regular Plan, DWS Insta Cash Plus Fund - Institutional Plan, DWS Money Plus Advantage Fund - Regular
Plan and DWS Ultra Short Term Fund - Regular Plan.
DWS Money Plus Advantage Fund has been ranked as a Seven Star Fund and awarded the “7 star Gold Award” in the category of 'Open Ended Marginal Equity' schemes for its 1 year performance till December 31, 2008.
The rank is an outcome of an objective and comparative analysis against various parameters, including: risk adjusted return, fund size, company concentration, portfolio turnover and liquidity. The ranking
methodology did not take into account entry and exit loads imposed by the Fund. There were 26 schemes considered in 'Open Ended Marginal Equity'' category for the ranking exercise. The rank is neither
a certificate of statutory compliance nor any guarantee on the future performance of DWS Money Plus Advantage Fund.
Ranking Source & Publisher: ICRA Online Limited

** Value Research Fund Rating:
DWS Cash Opportunities Fund (Regular Plan) rated 5 star by Value Research on the basis of 18 months period and DWS Investment Opportunity Fund (Regular Plan), DWS Insta Cash Plus Fund (Regular and Super Institutional
Plan) and DWS Ultra Short Term Fund (Regular Plan) rated 4 star by Value Research on basis of 3 years performance.
Value Research Fund ratings are a composite measure of historical risk-adjusted returns. In case of equity funds this rating is based on the weighted average monthly returns for the last 3 and 5 year periods.
In case of debt funds this rating is based on the weighted average weekly returns for the last 18 months and 3 year periods and in case of short term debt funds - weekly returns for the last 18 months. These
ratings do not take into account any entry or exit load.
Five-stars indicate that a fund is in the top 10% of its category in terms of historical risk-adjusted returns. Four stars indicate that a fund is in the next 22.5% of its category, the next 35% receive three stars,
the next 22.5% receive two stars and the bottom 10% are assigned one star. The number of scheme in each category is mentioned alongside the categories name. Equity: Diversified (148), Debt: Ultra Short
Term (40), Debt: Liquid Plus (27), Debt: Ultra Short Term - Institutional (45) respectively. These fund ratings are as on September 30, 2009.
The Value Research ratings are published in Monthly Mutual Fund Performance Report and Mutual Fund Insight. The ratings are subject to change every month. The rating is based on primary data provided
by respective funds, Value Research does not guarantee the accuracy. The rank is neither a certificate of statutory compliance nor any guarantee on the future performance of the above mentioned funds.
Ranking Source & Publisher: Value Research Online
$$
     Evaluation Methodology – CNBC TV 18 – CRISIL Mutual Fund of the Year Award 2009
DWS Alpha Equity Fund won the 'Best Performing Mutual Fund of the Year' award for Large Cap Oriented Equity schemes and DWS Investment Opportunity Fund won the 'Best Performing Mutual Fund of the Year' award
for Diversified Equity Schemes for the last 4 quarters. 26 schemes qualified under the Large Cap Oriented Equity Schemes category and 77 schemes qualified under the Diversified Equity Schemes category.
The funds were ranked for all four quarterly CRISIL ~ CPRs in 2008. In case of Equity categories, schemes ranked under one category for three out of four quarters were considered under that category. The
scores of individual parameters for each of the four quarterly CRISIL ~ CPRs in 2008 were considered individually for the schemes eligible in each category. The CRISIL ~ CPR parameters included a combination
of both NAV based parameters like return and volatility as well as portfolio based attributes like company concentration, sector concentration, liquidity, asset quality, etc.
The eligible schemes were scaled with the best score for each quarter. The average scaled scores constituted the parametric scores. The final weighted – average score for each scheme was arrived at by applying
an assigned weightage, as in the CRISIL ~ CPR, to each of the parametric scores.
There was one winner for each category; in case of categories where the total universe of eligible schemes exceeded 20, there were two awards.

Deutsche Asset Management (India) Private Limited
2nd Floor, 222, Kodak House, Dr. D. N. Road, Fort, Mumbai - 400 001. Tel: +91 (22) 6658 4300 • Fax: +91 (22) 2207 4411 • E-mail: dws.mutual@db.com • Website: www.dws-india.com

Deutsche Asset Management (India) Private Limited
AHMEDABAD: 303-A, 3rd Floor, Raindrop Bldg, C G Road, Ahmedabad - 380 006. Tel: +91 (079) 65124445/26463005. BANGALORE: Raheja Towers, 26-27, M.G. Road, Bangalore - 560 001. Tel: +91 (080) 66935651/52/
25590110. CHENNAI: Kothari Building, Ground Floor, 114 M. G. Road, Nungambakkam, Chennai - 600 034. Tel: +91 (044) 66009516/9400. COCHIN: 510, 5th Floor, Govardhan Business Centre, Chittoor Road,
Cochin - 682 035. Tel: +91 (0484) 2366686/698. COIMBATORE: Krisan Business Center, New No. 81, Government Arts College Road, Coimbatore - 641018. Tel: +91 (422) 4393270. HYDERABAD: DBS Business Center,
DBS House 1-7-43-46, Sardar Patel Road, Secunderabad - 500 003. Tel: +91 (040) 64555700/27846970. INDORE: 115, Starlit Tower, 1st Floor, 29/1, Y. N. Road, Indore - 452001, Madhya Pradesh. Tel: +91 (0731) 6452033/34.
JAIPUR: CG/2, Nehru Place, Tonk Road, Jaipur - 302015, Rajasthan. Tel: +91 (141) 6505302/303. KOLKATA: ‘Chowringhee Court’, 55 & 55/1, Chowringhee Road, 3rd Floor, Room No. 24, Kolkata - 700 071. Tel: +91 (033)
65367818/65480465/464. LUCKNOW: Aryan Business Park, 1st Floor, 90 M. G. Marg, Lucknow - 226 001 [UP]. Tel: +91 (522) 6569687/688. MUMBAI: 2nd Floor, 222, Kodak House, Dr. D. N. Road, Fort, Mumbai - 400
001. Tel: +91 (022) 66584350/4342/4305. NEW DELHI: B-502, 504, 506, 5th Floor, Statesman House, Barakhamba Road, Counaught Place, New Delhi - 110 001. Tel: +91 (011) 41522647/2646. PUNE: Subjeev Business Centre
29, East Street Galleria 2421, East Street, Pune - 411001. Tel: +91 (020) 40068171/26359300. VADODARA: 135, Siddharth Complex, R.C. Dutt Road, Vadodara - 390 007. Tel: +91 (265) 3095446.

Karvy Investor Service Centres
AHMEDABAD: 201-202, Shail Building, 2nd Floor, Opp. Madhusudan House, Near Navrangpura Telephone Exchange, Navrangpura, Ahmedabad-380 006. Tel: 079-26420422/26402967/0527/0528. AURANGABAD: Shop No. 214/215, Tapadiya City Centre, Nirala Bazar, Aurangabad-431 001.
Tel: 0240-2363530/517/523/524 BANGALORE: No. 51/25, 1st Floor, Surya Building, Ratna Avenue, Richmond Road, Bangalore - 560 025. Tel: 080-25320085. BHAVNAGAR: 1st Floor, Corporate House, Above Canara Bank, Waghawadi Road, Bhavnagar - 364 001. Tel: 0278-2567005/006.
BHUBANESHWAR: Plot No. 104/105 (P), Jaidev Vihar, Besides Hotel Pal Heights, Bhubaneshwar - 751 013, Orissa. Tel: 0674-6534585/2360334. CHANDIGARH: SCO-371-372, First Floor, Above HDFC Bank, Sector 35B, Chandigarh - 160 022. Tel: 0172-5071726/27/28. CHENNAI: Flat
No. F11, First Floor, Akshya Plaza, (Erstwhile Harris Road), Opp Chief City Metropolitan Court, #108, Adhithanar Salai, Egmore, Chennai - 600002. Tel: 044-28277383/42028512/13. COCHIN: Shop No. II, 2nd Floor, Jewel Arcade, (Above Oriental Insurance Ltd), Layam Road, Cochin - 682
011. Tel: 0484-4010224/1885. COIMBATORE: 29/1, 1st Floor, Chinthamani Nagar, Opp. to Indian Overseas Bank, NSR Road, Saibaba Colony, Coimbatore - 641011. Tel: 0422-4384770/4382770. DURGAPUR: Old Dutta Automobiles Bldg., 1st Floor, Nachan Road, Benachity, Durgapur - 713
213. Tel: 0343-2586376. GURGAON: Shop No. 18, Ground Floor, Sector 14, Opp. AKD Tower, Near Huda Office, Gurgaon - 122 001. Tel: 0124-4083854/4086914. GUWAHATI: 2nd Floor, Ram Kumar Plaza, Chatribari Road, Near Himatshinga Petrol Pump, Guwahati - 781 001. Tel: 0361-2608122/
016/102. HYDERABAD: Karvy Plaza, 8-2-596, Str. No. 1, Banjara Hills, Hyderabad - 500 034. Tel: 040-23312454 Ext: 124. INDORE: LG-3, Bombay Trade Centre, Lower Ground Floor, Grand Hotel, Opp. Bombay Hospital No. 54, Indore - 452 010. Tel: 0731-3243601/3605. JAIPUR: S-16 A,
3rd Floor, Land Mark, Opposite Jaipur Club, Mahavir Marg, C-Scheme, Jaipur - 302 001. Tel: 0141-2363321/2375039/2364660. JAMNAGAR: 108 Madhav Plazza, Opp SBI Bank, Near Lal Bangalow, Jamnagar - 361 001 Tel: 0288-2750263. JAMSHEDPUR: Kanchan Tower, 3rd Floor, Chhaganlal
Dayalji & Sons, 3-S B Shop Area, (Near Traffic Signal), Main Road, Bistupur, Jamshedpur - 831 001. Tel: 0657-2487045/48. KANPUR: 15/46, B, First Floor, Opp. Muir Mills, Civil Lines, Kanpur-208 001. Tel: 0512-3296000/3293222. KOLHAPUR: Omkar Plaza, 1st Floor, Unit- F2 & F4, Rajaram
Road, Next to ICICI Bank Ltd., Kolhapur - 416008. Tel: 0231-2520650/55. KOLKATA: 16 Jatin Bagchi Road, Kolkata - 700 029. Tel: 033-24659263/67/39518643. LUCKNOW: Usha Sadan, 24, Prem Nagar, Ashok Marg, Lucknow - 226 001. Tel: 0522-2236819/20/28. MADURAI: Rakesh Towers,
30-C, Bye Pass Road, 1st Floor, Opp. Nagappa Motors, Madurai - 625 010. Tel: 0452-2600852/53/54. MUMBAI: DAS Chambers, Ground Floor, Opp. BSE & Next to Corporation Bank, Dalal Street, Fort, Mumbai - 400 023. Tel: 022-66235353. MUMBAI-BORIVLI: A-1, Himanshu Bldg,
Sodawala Lane, Borivali West, Mumbai - 400092. Tel: 022-28904855. MUMBAI-THANE: 103, 1st floor, Jeevan Chhaya, Opp. DHL Courier, Above Adidas Showroom, Ram Maruti Road, Naupada, Thane (West), Mumbai - 400 602. Tel: 022-25446121/24. NAGPUR: Sadoday Arcade, Above
Top N Town, Dharampeth, Nagpur - 440 001. Tel: 0712-6619382/0513. NASIK: S-12, Second Floor, Suyojit Sankul, Sharanpur Road, Nasik - 422 002. Tel: 0253-6611395. NEW DELHI: 2E / 23, Jhandewalan Extn, New Delhi - 110055. Tel: 011-43681700/14/15. PANJIM (GOA): City Business
Centre, Coelho Pereira Bldg., Room Nos. 18, 19 & 20, Dada Vaidya Road, Panjim - 403 001. Tel: 0832-2426871/73. PATNA: 3A, 3rd Floor, Anand Tower, Beside Chankya Cinema Hall, Exhibition Road, Patna - 800 001. Tel: 0612-3209296/2321354. PUNE: Srinath Plaza, C Wing, Office No.
58 & 59, 3rd Floor, Dyaneshwar Paduka Chowk, Survey No. 184/4, F C Road, Pune - 411004. Tel: 020-25533795/3592/2783/9957. RAJKOT: 104, Siddhi Vinayak Complex, Dr. Yagnik Road, Opp Ramkrishna Ashram, Rajkot - 360 001. Tel: 0281-3046535. SALEM: 49/50, Fort Main Road, Old
No. 17, First Floor, Shevapet, Salem - 636 002. Tel: 0427-2210835/836/983. SURAT: G-6 Empire State Building, Near Parag House, Udhna Darwaja, Surat - 395002. Tel: 0261-3042170. TRICHY: 60 Srikrishna Arcade, 1st Floor, Thennur High Road, Trichy - 621 017. Tel: 0431-2791322/8200/
3799/3800/1000. TRIVANDRUM: 2nd Floor, Akshaya Towers, Sasthamangalam, Trivandrum - 695 010. Tel: 0471-2725987/89/91. VADODARA: PICCADILLY, Office # 5, 1st Flr., Opp. Adani Super Market, Jetalpur Road, Vadodara - 390 007. Gujarat. Tel: 0265-6640872. VIJAYAWADA: 39-
10-7 Opp. Municipal Water Tank, Labbipet, Vijayawada - 520 010. Tel: 0866-2495500/88. VISAKHAPATNAM: 47-14-5/1 Eswar Paradise, Dwaraka Nagar, Main Road, Visakhapatnam - 530 016. Tel: 0891-2752917.


Statutory Details : Deutsche Mutual Fund had been set up as a trust settled by Deutsche Asset Management (Asia) Ltd. (DeAM Asia) (liability restricted to Rs. 1 lakh). The Sponsors of Deutsche Mutual Fund
are DeAM Asia and Deutsche India Holdings Pvt. Ltd. The Trustee of the Mutual Fund is Deutsche Trustee Services (India) Private Limited and the Investment Manager is Deutsche Asset Management (India)
Private Ltd. DWS Investments is the global mutual fund brand of Deutsche Asset Management.
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. The names of the Schemes do not in any manner indicate either the quality of the Schemes 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 Rs 1 lakh made by it towards setting up the Fund. The schemes are not guaranteed or assured returns schemes. Please
refer to the Combined Scheme Information Documents for other details including Scheme Specific Risk Factors before investing.

				
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