list of investments

10 largest stock positions at 30 September 2008

Stock Portfolio Weight (%) Sector
Reliance Industries 8.0 Energy
Bharti Airtel 5.1 Telecommunications Services
Oil and Natural Gas Corporation 4.1 Energy
ITC 3.9 Consumer Staples
Infosys Technologies 3.8 Information Technology
Larsen & Toubro 3.7 Industrials
Housing Development Finance Corporation 3.7 Financials
Bharat Heavy Electricals 3.5 Industrials
ICIC Bank 2.8 Financials
Reliance Communications 2.5 Telecommunication Services
41.1