Fund Switching Advice as on 28 Mar 2008

Dear Policy Holders,

The markets have come in to bullish mood and result season is around the corner. You were advised lastly on the 17 Feb 08 and you must be keeping 50% in Growth Fund and 50% in Secured fund. This was applicable for all the categories of investors as there was no substantial risk of down slide.

Now I would like the aggressive amongst you to go for full investment in Growth Fund, the moderates may keep their funds in Equity Managed Fund where the equity component is between 30% to 70%. The conservatives should be ready to book profits when the Nifty goes past 5400 points.

I hope that you are keeping track and benefiting. Those of you who do not have I-PIN for online switching convenience may write to me for the necessary forms etc. Please make sure before you apply for it that you should have your own E-mail ID.

I have also to tell that those who have on line banking facility may pay premium on line. The company site www.hdfcinsurance.com provides this facility to all policy holders.

Hari Om

Krishna Kumar Khandelwal