Morgan Stanley A.C.E. Fund spotted the right opportunities

(An open-ended Across Capitalisations Equity Fund)

Presenting Morgan Stanley A.C.E. Fund. It picks the right opportunities by investing across small, mid and large cap equities. Over the last year it has delivered optimal returns. The fund's track record reflects its consistent performance. At Morgan Stanley we measure our success by yours and it is this determination to help you succeed that drives us.   Annualised Returns % Rs. 2000 per month in SIP   MSACE BSE 200 Investment (Rs.) Value (Rs.) Returns % (XIRR) 1 Year 17.68 9.18 24,000 36,390 128.15 Since Inception (April 3, 2008) 4.93 -1.57 30,000 43,186 77.71 Past performance may or may not be sustained in future. Annualised returns are computed using NAV of Growth Option. Since inception returns are calculated on Rs. 10/- invested at inception. SIP investment is calculated from Aug 25, '08 to July 25, '09 for 1 year and all the returns are as on July 31, '09.   Morgan Stanley Mutual Fund www.morganstanely.com/indiamf Call: 0-9818-26-9396 Statutory Details: Morgan Stanley Mutual Fund has been set up as a Trust under Indian Trusts Act, 1882. Sponsor: Morgan Stanley. Trustee: Board of Trustees. Investment Manager: Morgan Stanley Investment Management Pvt. Ltd. Investment Objective: The investment objective of the Scheme is to generate long-term capital growth from an actively managed portfolio of equity and equity-related securities including equity derivatives. Asset Allocation Pattern: $Equity and equity related instruments: 65%-100%, Debt and Money Market Instruments (including securitized debt) 0%-35% ($including investment in derivatives instruments up to 50%, and foreign securities up to 30% of the net assets of the Scheme). Load Structure: Entry Load: For all purchase, additional purchase, switch-in, Systematic Investment Plan and Systematic Transfer Plan applications irrespective of amount: Nil. Exit Load: (a) For purchases of less than Rs. 5 crore: If redeemed on or before the expiry of three years from the date of allotment: 1%, After the expiry of three years from the date of allotment: Nil. b) For purchases of Rs. 5 crore and above: If redeemed on or before the expiry of 90 days from the date of allotment 0.5%; If redeemed after the expiry of 90 days from the date of allotment Nil. Scheme Specific Risk Factors: The scheme proposes to invest in equity and equity related securities, which are volatile and prone to price fluctuations on a daily basis. Morgan Stanley A.C.E. Fund, an open-ended equity scheme, is only the name of the Scheme and does not indicate the quality of the Scheme, its future prospects and returns. Risk Factors: All mutual funds and securities investments are subject to market risks and there can be no assurance that the objectives of the Scheme will be achieved. As with any securities investment, the NAV of the units issued under the Scheme may go up or down, depending upon the factors and forces affecting the capital markets. Past performance of the Sponsors/Investment Manager/Mutual Fund does not, in any manner, indicate the future performance of the Scheme, and may not necessarily provide a basis of comparison with other investments. There is no assurance or guarantee to the unit holders as to the rate of dividend distribution nor that dividends will be paid regularly. Investors in the Scheme are not being offered any guaranteed/assured returns. The liquidity of investments made in the Scheme may be restricted by trading volumes and settlement periods. The Sponsor is not responsible or liable for any loss resulting from the operations of the Scheme beyond their initial contribution of Rs. 5 lac towards setting up of the Mutual Fund and such other accretions and additions to the corpus. Investors should read the Scheme Information Document, Statement of Additional Information and Key Information Memorandum (available at Investor Service Centres, Distributors, and on the Mutual Fund website www.morganstanley.com/indiamf), carefully before investing.