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discontinueddiscontinued, after addition of income earned. The income earned underthe policy will be based on the interest rate declared by the Company on thebasis of the investment income earned in the Discontinued Policy Fund. Suchdeclared interest rate will not be less than the interest rate applicable forsavings bank account of State Bank of India. Currently the applicableguaranteed interest rate is 4% p.a. which will change from time to timedepending upon the change in savings bank account interest rate or anychange in IRDA Regulations.

policy will mean the fund value as on the date the policy has

During suchperiod, your fund will continue to earn income. The Proceeds of such

481,300

677,821

691,992

1,116,850

962,600

1,355,642

1,383,984

2,233,701

1,940,091

2,729,902

2,793,523

4,503,364

3.06%

7.10%

3.00%

7.15%

3.06%

7.10%

3.00%

7.15%

3.15%

7.18%

3.08%

7.22%

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Bond Fund-II:[SFIN:ULIF01608/01

/2010LIFDEBT-II122]: Togenerate a steady incomethrough investment inhigh-quality fixed-incomesecurities.

Protector Fund-II[SFIN: ULIF02108/01/2010LIPROTE-II122]: To generatesteady returns with aminimum exposure toequities.

Balanced Fund-II: [SFIN:

ULIF0 1508/01/2010LIBALAN-II122]: To generate abalance of capital growthand steady returns.

Growth Fund-II: [SFIN:ULIF01808/01/2010LIGROWT-II122]To generate long-term capital appreciationwith high-equityexposure.

Enhancer Fund-II: [SFIN:ULIF01708/01/2010LIFENHN-II122] Toprovide aggressive, long-term capital growth withhigh-equity exposure.

PSU Fund: [SFIN: ULIF02208/01/2010LIFEPSUFND122]: To generate steady

returns throughinvestment in PSU andrelated equities.

Infrastructure Fund:[SFIN: ULIF0 1908/01/2010LIFEINFRAF122] Togenerate steady returnsthrough investment ininfrastructure and relatedequities.

Index Fund-II: [SFIN: ULIF02008/01/2010LIFINDX-II122]: To generate returnsin line with the stockmarket index S&P CNXNIFTY.

Dynamic P/E Fund: [SFIN: ULIF03201/08/2011LIFDYNAMIC122]:

To provide long term capital appreciation through dynamic asset allocation

between Debt and Equity. The allocation to Equity and Equity Related

Securities is determined with reference to the Forward Price Earning (P/E)

multiple of the NSE S&P CNX Nifty index and the remainder is invested in

Debt and Money Market instruments.

Investment Pattern of Discontinued Policy Fund:The Investment Pattern for Discontinued Policy Fund will be as follows. TheFund Management Charge of this fund will be 0.50% per annum.

F und n am e a nd o bj ec ti ve Ass et a ll oca ti on R is k pro fi le

Discontinued Policy Fund[SFIN:] [ULIF03127/01/2011LIDISCPLCY122]To provide a minimum guaranteed rate asprescribed by IRDA from time to time.

Debt & MM:0 to 100%

Equities: 0%

Low

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Premium Allocation Charge (defined as 100% minus Allocation Rate)

This charge is deducted from the premium and the balance premium after

deducting this charge is invested as per the Allocation Rate which will

depend on the policy year as detailed below:

An FMC of 1.35% p.a. will be applied for all funds except Discontinued PolicyFund. In case of Discontinued Policy Fund, the FMC would be 0.50% p.a. TheNAV for each fund except Discontinued Policy Fund will be calculated on adaily basis.

Limited

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2643 MKT/AYSA/April 2012/Ver. 1.6

The proceeds of a discontinued policy shall be payable only after thecompletion of first five policy years (i.e. the lock in- period) and after additionof income earned. The income earned under the pol icy will be based on theinterest rate declared by the Company on the basis of the investment incomeearned in the Discontinued Policy Fund. Such declared interest rate will not beless than the interest rate applicable for savings bank account of State Bank ofIndia. Currently the applicable guaranteed interest rate is 4% p.a. which willchange from time to time depending upon the change in savings bankaccount interest rate or any change in IRDA Regulations.

two years from the date of discontinuance but not later than the expiry ofthe lock in period. In case the policyholder opts to revive the policy withinsuch revival period, the Company shall add back the discontinuance charges

A discontinued policy can be revived within

Net Asset Value (NAV) calculation:The NAV of the fund shall becomputed as:

Market Value of investment held by the fund + Value of CurrentAssets Value of Current Liabilities & Provisions, if any

Number of Units existing on Valuation Date(before creation / redemption of Units)

to the proceeds of the discontinuance fund under the policy and the sum willbe applied to allot the units under the policy in the segregated funds chosenby the policyholder at the NAV as on the date of such revival.

If the Policyholder exercises the option of complete withdrawal from thepolicy without any risk cover within the lock-in-period, the fund value of thepolicy after deducting discontinuance charges (mentioned in chargessection), on the date of discontinuance of the poli cy shall be credited to thediscontinued policy fund. The proceeds of the discontinued policy shall berefunded only upon completion of the lock-in-period. The income earned on

the fund value shall also be payable to the discontinued policy fund and shallbe payable to Policyholder after the end of lock-in-period.

Limited

one of

Aviva Life Insurance Company India Limited