110924 - Weekly

8/4/2019 110924 - Weekly

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Saturday, September 24, 2011

1Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]

Headlines

(Global Economy) Italy's credit rating was cut by S&P on concerns of weakening economic growth

(Indian Economy) IMF expects India's economic growth rate to moderate to 7.50-7.75%

(Economic Calendar)

(Global and Domestic Stock Markets)

(Derivative Analysis) Nifty Mar Futures closed at 4870.70

(Technical Analysis) Nifty resistance at at 4960-5110 and supports at 4710-4670

(Weekly Recommendations) LT AND BOMDYEING

(Sector & Company Highlights)

(MF Industry update)

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.



Global Economy

U.S. home prices declined 3.3% compared with June, they rose 0.8%

Also the unemployment rate stayed above 9% for more than two

years, with the exception of slight dips in February and March.

Applications for jobless benefits decreased 9,000 in the week ended

Sept. 17 to 423,000. US President Barack Obama called for USD 1.5

n in tax increases over the next decade, largely targeting the

wealthy. Obama coupled the call for tax increases with spending

cuts that he said would reduce the long-term deficit by USD 3 tn

beyond the USD 1 tn that was agreed to as part of a deal to raise

he U.S. debt ceiling.

Italys credit rating was cut by Standard & Poors on concern that

weakening economic growth and a fragile government mean

he nation wont be able to reduce the euro-regions second-largest

debt burden. The rating was lowered to A from A+, with a negative

outlook.

Global Economic Indicators (As on September 23, 2011)

Commodities and Currencies

Commodities fell to a nine-month low, led by routs in metals, on

deepening concern that governments are running out of tools to

avert a global recession, eroding prospects for raw-material

demand. Gold futures for December delivery fell by USD 101, or

5.9%, to settle at USD 1,639 on the Comex in New York. Oil sank

below USD 80 a barrel and capped the biggest weekly drop since

Source: Economist

Greeces ability to avoid default hangs in the balance as international

monitors prepare to assess whether Prime Minister can meet the

conditions of rescue loans. Greece is struggling to prove to its

partners it is doing enough to receive a sixth tranche of loans to

prevent default. They will accelerate budget cuts to keep emergency

loans flowing, extending austerity measures that have deepened a

recession and failed to ease doubts that it can avoid default. The

latest round of cuts targeting civil servants wages and pensioners

were demanded by international lenders to ensure Greece reach

deficit-reduction targets in a 110 bn-euro (USD 151 bn) bailout and

receive a payment due next month.

Euro-area services and manufacturing output contracted for the first

time in more than two years in September as the regions worsening

debt crisis added to concerns that the economy could slide back

into a recession.

May as a pledge by Group of 20 nations to tackle rising risks failed

to ease concern that the global economy is on the brink of another

recession. On the NYMEX division the Crude oil settled at USD

79.85 per barrel.

Economic Indicators (%) US EU Japan UK China Brazil Russia

GDP +1.5 +1.6 -1.1 +0.7 +9.5 +3.1 +3.4

Industrial Production +3.4 +4.2 -2.8 -0.7 +13.5 -0.3 +6.2

Consumer Price Index +3.8 +2.5 +0.5 +4.5 +6.2 +7.2 +8.2

Unemployment Rate 9.1 10.0 4.7 7.9 6.1 6.0 6.1

Current Account Balance % of GDP -3.3 -0.5 +2.3 -2.0 +4.0 -2.5 +4.9

Trade Balance (USD bn) -706.7 -33.4 +31.6 -160.0 +175.3 +28.6 +172.9

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Indian Economy

Inflation based on the Consumer Price Index for Agricultural Laborers

CPI-AL) rose to 9.52% in August, from 9.03% in the previous month.

The rate of price rise based on Consumer Price Index for Rural

Laborers (CPI-RL) also rose to 9.71% in August from 9.03% in July.

The government announced that it has cleared 12 proposals for

foreign direct investment in the country worth a total INR 2428.8

mn, including one from Indian Rotorcraft to carry out the assembly

of both military and civil helicopters.

International Monetary Fund (IMF) expects Indias economic growth

rate to moderate to 7.50-7.75% this fiscal, from 8.5% in 2010-11, on

account slowing investments and sluggish global recovery.

Indian Debt Markets

Indian federal bond yields were marginally higher tailing the rise in

U.S. peers in Asian trade and some recovery in global equity

markets with caution also prevailing ahead of the announcement

Source: CCIL

Source: CCIL

Indian Currency MovementThe INR reached 49.43/ USD. INR completed its worst week in 18

years as investors sold emerging-market assets in favor of the

relative safety of the dollar amid concern the global economy is

slowing.

Food price index rose 8.84% and the fuel price index climbed 13.96%

in the year to Sept 10. In the previous week, annual food and fuel

inflation stood at 9.47% and 13.01%, respectively. The primary

articles index was up 12.17%, compared with an annual rise of

13.04% a week earlier.

India has lowered its exposure to Americas ballooning debt for

three consecutive months, as its holding of the US Treasury bonds

fell by USD 4.2 bn between May and July this year.

Indias monsoon rains were one percent above normal in the week

to Sept. 14, weakening from 39% above average in the previous

week.

The currency lost 4.6% in the biggest weekly plunge since March

1993.

of the borrowing calendar. The 10-year benchmark bond yield was

at 8.31%.

Annualized Rate

(current)

Annualized Rate

(last month)Headline Inflation

(WPI)9.78

Primary Products 12.58 11.30

Fuel Power and

Lubricants12.84 12.04

Manufactured

Goods7.79 7.49

Headline Inflation by WPI (%) (August 2011)

9.22

Internals

Current 1 WeekChange

Weekly

1 YearChange

annualUSD 49.67 47.47 0.05 46.37 0.07

GBP 76.51 74.96 0.02 71.84 0.07

Euro 66.98 65.79 0.02 60.17 0.11

Yen 65.10 61.81 0.05 54.65 0.19

1 Year Gilt 8.24

Debt Market Yields (%)

INR Exchange Rate (As on September 23, 2011)

10 year Gilt 8.36

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Economic Calendar

Date Event Period Prior

29-Sep Food Articles WPI YoY 17-Sep 8.8%

29-Se p Fue l Powe r Article s W PI YoY 17-Se p 14.0%

29-Sep Primary Articles WPI YoY 17-Sep 12.2%

India US

Date Event Period Prior

26-Sep Net Home Sales AUG 298K

27-Sep S&P /CS Composite -20 YoY JUL -4.5%

27-Sep Consumer Confidence SEP 44.5

28-Sep MBA Mortgage Applications 23-Sep 0.6%

29-Sep GDP QoQ(Annualized) 2Q T 1.0%

29-Sep Personal Consumption 2Q T 0.4%

29-Sep Initial Jobless Claims 24-Sep -

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Global and Domestic Stock Markets

Global

Global markets remained extremely volatile as concerns continued over the

state of global economy. Fed meeting did not bring any positives. There is

still no clarity on the Euro Zone crisis. Greece, Italy, Spain remains under

cloud. European banks remain under stress. The uncertainty is driving

markets lower. Commodities also sharply corrected. Crude, silver, gold all

took a beating. Significant volatility is being seen in the currency front. There

will not be any space to hide.

US Data to watch next week: New Home Sales MoM, MBA Mortgage Application,

Initial Jobless Claims, GDP QoQ (Annualized), personal Consumption,

Consumer Confidence.

Domestic Performance of Sectoral Indices

The domestic markets also lost ground in line with the international markets.

FIIs turned significant net sellers towards the end of the week. The domestic

markets are also getting affecting on account of the global turmoil. Currency

moves have not helped with rupee almost breaching 50 levels. The rally was

seen in interest rate sensitive sectors and they bore the brunt of the fall as

well. Commodity remained weak in line with global markets. Reliance among

large caps corrected sharply post reports of likely government action on lower

gas output.

Data to watch next week: Food Articles WPI YoY, Fuel Power Light WPI YoY,

Primary Articles WPI YoY, Current Account Balance.

Outlook

The overall environment remains volatile. Commodities will clearly remain

under pressure. With flows turning negative, pressure will be on sectors with

larger FII holding from a short term perspective. With commodities, currency

all coming under pressure, the markets are entering near panic mode

internationally as well as locally. Governments will need to act together to

bring clarity over the current volatile situation. G20 will need to act and act fast.

We should see some solutions coming through by October end but till clarity

emerges, situation will be volatile. Value investors can look to invest in PSU

banks, infrastructure, and auto from a long term perspective.

Close% Change

(week)

Dow Jones 10771.5 (6.40)

NASDAQ 2483.2 (5.30)

S&P 500 1136.4 (6.50)

FTSE 5066.8 (5.60)

DAX 5196.6 (6.80)

Hang Seng 17668.8 (9.20)

Nikkei-225 8560.3 (3.40)

Indices Close% Change

(week)

BSE SENSEX 16162.1 (4.60)

NSE NIFTY 4867.8 (4.30)

BSE MIDCAP 6222.8 (2.60)

BSE SMALL CAP 7041.1 (2.40)

BSE AUTO 8419.5 (4.70)

BSE METALS 11513.8 (6.00)

BSE BANKEX 10760.7 (3.30)

BSE IT 4985..6 (2.30)

ULTRATECH 1156.8 3.0%

UNIONBANK 243.8 2.4%

IVCRCL 36.8 -15.0%

SHRIRAM TRANSPO 603.9 -10.4%

BSE 128.4

NSE CASH 512.8

NSE F&O 7338.6

Institutions Net Inflow

FII -21.9

DIIs 11.4

Institutional Activity in INR Bn (Weekly)

Key Indices Global

Sectoral Indices

Key Indices (Indian)

Weekly Gainers (BSE 100)

Weekly Losers (BSE 100)

Weekly Turnover (in INR Bn)

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Derivative Analysis

Top 5 Price Losers

Top 10 Volume Gainers

Top 5 Price Gainers

Market Snapshot

Nifty September Futures closed at 4870.7 (Premium of 2.95 points over

the Nifty spot)

Open interest Nifty FUTIDX (Expiry 29 Sept): 23.70 mn.

Open interest BankNifty FUTIDX (Expiry 29 Sept): 2.04 mn.

India VIX for the week ended at 35.16, up 6.71 from previous weeks close

(28.45). In the week VIX touched low of 25.99 and high of 37.55.

Weekly Open Interest Analysis (Nifty Option)

Across all expiries, open interest is highest at 5000, 5100& 5200 call options,

while open interest in the put options is highest at 4800, 4700 & 4600 strike

prices, suggesting 4700-5100 to be the trading zone for Nifty index in short

term.

Sector Wise OI Change:

The Sectors that witnessed positive OI change are BANK, PHARMA,

CAPITAL GOODS, CEMENT while AUTO and IT saw decrease in OI

OIAnalysis

-

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

4500

4600

4700

4800

4900

5000

5100

5200

5300

5400

5500

Strike

OI

CallOption

PutOption

ChangeinOI

(2,000,000)

(1,000,000)

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

4500

4600

4700

4800

4900

5000

5100

5200

5300

5400

5500

Strike

OIChange

CallOption

PutOption

-100%

-50%

0%

50%

100%

150%

200%

250%

Power

Bank

Realty

Oil&Gas

Metal&Mining

Auto

Pharma

IT

CapitalGoods

Cement

Sectors

%ChangeinOI

NiftyPCRatio

0.6

0.7

0.8

0.9

1

1.1

1.2

1.3

19-Sep

20-Sep

21-Sep

22-Sep

23-Sep

Date

PCR

Cash Future Cash Future

RUCHISOYA 5.17 6.01 114.09 496.49 15.33

GMDC 4.65 5.81 -67.65 -74.50 -2.62

OFSS 3.52 3.45 511.81 292.81 -12.22

HEXAWARE 2.29 3.25 -69.13 23.26 -11.85

BOMBDYEING 3.31 3.23 -50.83 -43.46 -18.44

SCRIPS % Change - Price %Change - Volume % Change

in OI

Cash Future Cash Future

CUMMINSIND -28.40 -28.61 155.81 47.52 32.68

BAJAJHIND -17.68 -17.96 -13.23 -53.03 40.97

IVRCLINFRA -14.93 -15.63 -4.54 -25.08 -13.19

PANTALOONR -11.93 -12.29 22.59 56.17 -12.15

JISLJALEQS -11.09 -11.46 19.85 23.83 -1.65

SCRIPS % Change - Price %Change - Volume % Change

in OI

% Change Volumes

Price Open Interest (Delivery Based)

RUCHISOYA 5.2% 15.3 112.3%

MCLEODRUSS -1.8% 0.9 335.7%

DCHL 3.2% -1.0 134.1%

BEL -1.4% 22.1 200.9%

OFSS 3.5% -12.2 1183.9%

ADANIPOWER -2.4% 9.7 -48.2%

TATACOMM -6.0% 14.0 417.4%ABIRLANUVO -1.9% 3.4 -57.6%

JINDALSWHL -6.2% 0.0 42.5%

MPHASIS -3.7% -3.2 -88.3%

SCRIPS % Change in F&O

8/4/2019 110924 - Weekly

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Technical Analysis

Source: Iris)

Conclusion

Last week Nifty shut on a negative note @ 4867.75 and down by 216.50 points from the previous week's close. Technically Nifty on weekly

chart has formed bearish candle stick pattern, which shows sideways to negative sentiment in coming sessions. Nifty spot on weekly hasopened at 5068.40 and made a high of 5168.40 and made a low of 4829.60 then finally closed sideways to negative at 4867.75. Stochastics

and the RSI are slightly oversold and sideways signaling that selling pressure at resistance levels are possible short-term. Nifty closed

above the 50 day moving average (5194) indicates the short term trend could be turning sideways to negative. Stochastics trending lower

at midrange will tend to reinforce a move higher especially if resistance levels are taken out. The market setup is somewhat sideways

rend with trading range between 4700-5100. The next area of resistance is around at 4960-5110. So Nifty appears to be sideways trading

on weekly chart having supports at 4710-4670 levels. For short term trading long positions, stop loss of 4825 is advisable.

Weekly Nifty has resistance at 4960-5110 and supports at 4710-4670.

Weekly Sensex has resistance at 16540-16995 and supports at 15700-15550.

Weekly Bank Nifty has resistance at 9600-9800 and supports at 9050-8850.

8/4/2019 110924 - Weekly

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Larsen & Toubro Ltd

LTP 1451.25

View: Negative

Oscillators Analysis: Stochastics and the RSI is negative crossover and are in oversold territory on weekly chart reading, which indicate

bearish sentiment in stock momentum with hefty volume support.

Pattern Analysis: A clear neckline breakdown in head and shoulder pattern and multiple resistance zone at 1500-1515, which indicates

stock may downside till support level, is a confirmation of a trend in that direction.

Technical Analysis:

LT has bearish candle stick formation on weekly chart with good volume support. Stock has downtrend and support at 1300-1240 levels,

which is support zone. Weekly RSI has shown overbought and negative crossover into overbought territory which will tend to resistance

s reversal action if it occurs. The market tilt is negative with the close below trend line support at 1510 levels on weekly chart basis. The

next area of support is around 1300-1240, while 1st resistance hits at 1500 and above there at 1550. It is also heading towards support zone

at 1300-1240.We recommended the stock at market price and rise till 1510 with stop loss at 1575 (closing basis) for a target of Rs. 1250.

Weekly Recommendations

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Bombay Dyeing & Mfg Company Ltd

LTP 355.50

View: Positive

Oscillators Analysis: Stochastics and RSI are highly over sold territory and positive crossover from lower levels on weekly chart reading,

MACD has neutral zone on daily chart, which indicates positive sentiment in stock momentum.Pattern Analysis: A clear double bottom formation in weekly chart and trend line resistance at 365, which indicates stock upside, is a

confirmation of a trend in that direction with volume support.

Technical Analysis:

On Weekly chart BOMDYEING closed above 20 week moving average at 343, which is good support zone with decent volume support,

which indicates positive sentiment in short term trading and strong buying pressure initially above resistance zone at Rs.365, we expect

he momentum to continue till next resistance at 388-414 on the upside targets. And any genuine correction should see in stock price

around supports at 344, which should be used as a buying opportunity for the potential target 388-414.

We recommended the stock in the range of 345-340 with stop loss below at 330 (on closing basis) for a target of Rs. 375-390.

8/4/2019 110924 - Weekly

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Sector & Company HighlightsAuto

Maruti to invest USD 1.3 bn in new plant in Gujarat. Global automakers are flocking to the business-friendly Gujarat recently,

with Ford Motor and PSA Peugeot Citroen both announcing investment plans in the state.

Metal & Capital Goods

Coal India eyes 5 mn tonne output from two blocks in Mozambique by 2015. Both the mines in Mozambique have an estimated

reserve of 1 billion tones. It would look at acquiring more mines in the African nations in the future.

Pharma

Promoters of Elder Pharmaceuticals have pledged 1 mn more shares of the company, taking the quantum of such shares of the

firm to 9.4%. Semit Pharmaceuticals Chemicals Pvt Ltd, a part of the promoter group has pledged 1 mn shares of the company

on September 19, 2011. Post the latest transaction, the total number of pledged shares stood at 1.94 mn, aggregating 9.46% stake

in the company.

Indias leading lobby group of drug makers has asked the government to allow foreign direct investment in the sector, less than

a year after it demanded curbs on increasing takeovers of domestic companies by global giants.

IT

HCL inks 5-yr software deal with Deutsche Bank to provide application support solutions

Subex Ltd , a leading global provider of business support systems for communications service providers, today announced the

signing of an Asset Purchase Agreement with NetCracker for sale of its activation business.

Power

GVK Power has agreed to acquire Australias Hancock Coal for $1.26 billion, plans to invest $10 bn more. The deal, which

includes acquiring majority holding in coal resources and railway line and port infrastructure projects of Hancock Coal, will offer

option for long term coal supply contracts for the purchase of up to 20 mn tonne every year. This can support around 7,500

megawatts of power generating capacity.

NTPC to take power generation capacity to 36k MW by March. The company is working on projects of about 40,000 MW at

present. Projects with capacity of over 14,000 MW are under various stages of implementation

PFC gets RBI nod for $1 bn overseas debt issue. Debt will be raised via offshore medium-term note borrowing, which will mark

PFCs debut in the international bond market. The borrowing will be utilized for funding the power projects, including ultra mega

power projects, financed by the company.

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Mutual Fund Insights

Scheme Update

JP Morgan Mutual Fund has declared to revise exit load structure under JP

Morgan India Short Term Income Fund for all investment option. As per revised

structure of an exit load of 0.50 per cent will be charged if units redeem or switch

out within 3 months from the date of allotment. The investment objective of the

scheme is to generate income by investing primarily in money market and short

term debt instruments. The revised exit load structure will be effective from 21st

September 2011.

Principal Mutual Fund has declared dividend for Principal Government Securities

Fund, Principal Income Fund - Long Term Plan, Principal Monthly Income Plan -

MIP Plus and Principal Monthly Income Plan under quarterly dividend option, on

the face value of Rs.10 per unit. Under Principal Government Securities Fund

and Principal Income Fund - Long Term Plan the quantum of dividend will be Rs.

0.2000 per unit and Rs. 0.1500 per unit respectively. Furthermore, the quantum of

dividend for distribution will be Rs. 0.2400 per unit for Principal Monthly Income

Plan - MIP Plus and Rs. 0.0900 per unit for Principal Monthly Income Plan. The

record date for dividend distribution is 23rd September 2011.

Birla Sun Life Mutual Fund has announced the merger of Birla Sun Life BasicIndustries Fund into Birla Sun Life Infrastructure Fund and Birla Sun Life Freedom

Fund into Birla Sun Life 95 Fund, with effect from 21st October 2011. Accordingly,

all the existing unitholders of Birla Sun Life Basic Industries Fund and Birla Sun

Life Freedom Fund have an exit option without payment of any exit load; the

option can be availed from 22nd September 2011 till 21st October 2011.

Source: Accord Fintech


Weekly Activity

-5 0 5 10 15 20

19-Sep

20-Sep

21-Sep

MFTradingActivity(InBillions)

Debt Equity

-30 -25 -20 -15 -10 -5 0 5 10

19-Sep

20-Sep

21-Sep

22-Sep

23-Sep

FIITradingActivity(InBillions)

Debt Equity

Purchase Sales Net Purchase /Sales Purchase Sales Net Purchase /SalesMutual Fund Activity

21-Sep-11 6.55 4.39 2.16 29.38 13.05 16.33

20-Sep-11 3.49 4.58 -1.09 33.24 23.31 9.93

19-Sep-11 2.47 3.26 -0.79 32.65 29.07 3.58

FII Activity

23-Sep-11 13.53 25.88 -12.35 7.16 31.84 -24.69

22-Sep-11 20.62 17.28 3.34 17.57 17.64 -0.07

21-Sep-11 21.31 17.53 3.79 5.95 10.74 -4.79

20-Sep-11 15.60 15.64 -0.04 14.57 7.96 6.62

19-Sep-11 36.67 32.72 3.95 3.46 13.29 -9.83

DateEquity (INR in Bn) Debt (INR in Bn)

8/4/2019 110924 - Weekly

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.



New Fund Offers

Fund Opens Closes Structure Fund Manager Investment Objective Benchmark

Kotak FMP 58 (G) 16-S e p 26-S e pClose

ended

Mr. De epak

Agrawal, Mr.

Abhishek Bisen

To generate returns through investments in debt

and mone y marke t instrume nts with a vie w to

significantly reduce the interest rate risk. The

S c he me will invest in de bt and mone ymarke t

securities, maturing on or before maturity of the

scheme.

Crisil Short-Term

Bond Fund Index

Birla SL FTP-DN(G) 20-S e p 26-S e pClose

endedMr. Kaustubh Gupta

To generate income by investing in a portfolio of

fixed income securities maturing on or before the

duration of the scheme.

Crisil Short-Term

Bond Fund Index

L&T FMP-IV (Sept

367D)-A(G)

23-S e p 26-S e pClose

ended

Ms. Richa Sharma,

Mr. Hareshwar

Karekar

To achieve growth of capital through investments

made ina basket of debt/ fixed income securities

maturing on o r before the maturity of the S cheme.

Crisil Short-Term

Bond Fund Index

DSPBR FMP-13-

3M(G)22-S e p 26-S e p

Close

endedMr. Dhawal Dalal

To seek to generate returns and capital

appreciation by investing in a portfolio of debt and

money market securities. The Scheme will invest

only in such securities which mature on or before

the date of maturity of the Scheme.

Crisil Liquid Fund

Index

ICICI Pru FMP-58-

19M-F-(G)19-S e p 26-S e p

Close

ended

Mr. Chaitanya

Pande

To seek to generate regular returns by investing

in a portfo lio of fixe d inc ome sec uritie s/ de bt

instruments maturing on or before the maturity of

the Plans under the Scheme. However, there can

be no assurance that the investment objective ofthe Plans under the Scheme will be realized.

Crisil Composite

Bond Fund Index

Religare FMP- IX -

E(G)16-S e p 26-S e p

Close

endedMr. Nitish Sikand

To generate income by investing in a portfolio of

debt and money market instruments maturing on

or before the date of maturity of the S cheme.

Crisil Composite

Bo nd Fund Index ,

Crisil Liquid Fund

Index , Crisil

Short-Term Bond

Fund Index

Reliance FHF-XX -

6(G)22-S e p 26-S e p

Close

endedMr. Amit Tripathi

To seek to generate regular returns and growth of

capital by investing in a diversified portfolio of

Central and State Government securities and Other

fixe d inc ome / de bt sec uritie s maturing on or

before the date of maturity of the scheme with the

objec tive of limiting interest rate vo latility.

Crisil Short-Term

Bond Fund Index

SBI DFS-90D-49(G) 23-S e p 26-S e pClose

ended

Mr. Rajee v

Radhakrishnan

To provide regular income, liquidity and returns

to the investors through investments in a portfolio

comprising of debt instruments such as

Government Securities, PSU & Corporate Bonds

and Money Market Instruments maturing on or

before the maturity of the scheme.

Crisil Liquid Fund

Index

Reliance FHF-XX -

7(G)23-S e p 27-S e p

Close

endedMr. Amit Tripathi

To seek to generate regular returns and growth of

capital by investing in a diversified portfolio of

Central and State Government securities and Other

fixe d inc ome / de bt sec uritie s maturing on or

before the date of maturity of the scheme with the

objec tive of limiting interestrate v olatility.

Crisil Short-Term

Bond Fund Index

8/4/2019 110924 - Weekly

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Fund Opens Closes Structure Fund Manager Investment Objective Benchmark

Birla SL FTP -DM(G) 14-Sep 28-Sep

Close

ended Mr. Kaustubh Gupta

To se ek to g ene rate inc ome by inv esting in a

portfolio of fixed inco me securities maturing on orbefore the duration o f the sc heme.

Crisil Short-Term

Bond Fund Index

JM FMF-XX-D(G) 15-Sep 28-SepClose

ended

Mr. Girish Hisaria,

Mr. Vikas Agrawal

To generate regular returns through investments

in fixed income securities maturing on or before

the date of the maturity of the scheme.

Crisil Liquid Fund

Index , Crisil

Short-Term Bond

Fund Index

Birla SL CP O-Sr 7 15-Sep 29-SepClose

ended

Mr. Satyabrata

Mohanty, Mr.

Ajay G arg

To seek capital protection by investing in high

quality fixed income securities maturing in line

with the tenure of the scheme and seeking capital

appreciation by investing in equity and equity

related instruments.

Crisil Balanced

Fund Index

SBI CPO-III(G) 15-Sep 29-SepClose

ended

Mr. Rajeev

Radhakrishnan, Mr.

Rama Iyer

Srinivasan

To protect the capital invested (face value of Rs.

10 per unit) on maturity of the scheme through

focused investments in equity debt and money

market instruments at the same time also seeking

to provide investors with opportunities for long-

term growth in capital.

Crisil MIP Blended

Index

Tata SIP-S3(G) 20-Sep 30-SepClose

ended

Mr. Bhupinder

Sethi, Mr.

Murthy Nagarajan

To ac hieve a lo ng term g ro wth. The sc heme

seeks to achieve investment o bjec tive by

investing systematically in the Equity /Equity

related instruments.However there can be no

assurance that the investment objective of thesc heme will be realized, as ac tual market

movements may be at variance with anticipated

trends.

BSE SENSEX ,

Crisil Liquid Fund

Index

Axis Hybrid fund -S3-

(G)16-Sep 30-Sep

Close

ended

Mr. R Sivakumar,

Mr. Jinesh Gopani

To generate income by investing in high quality

fixed income securities whilst the secondary

objective is to generate capital appreciation by

investing in equity and equity related instruments.

Crisil MIP Blended

Index

ICICI Pru Regular

Gold Savings(G)

20 -S ep 4-Oc tOpen

ended

Mr. Chaitanya

Pande

To pro vide inv estme nt returns that c lo sely

c orrespo nds to returns of the underlying

Goldlinked fund(s) or Schemes.

Gold-India

ICICI Pru CPO-IV-

36M-(G)22 -S ep 5-Oc t

Close

ended

Mr. Chaitanya

Pande, Mr.

Mrinal Singh

To seek to protect capital by investing a portion

of the portfolio in good quality debt securities &

money market instruments and also to provide

capital appreciation by investing the balance in

equity and equity related securities. The sec urities

wouldmature on or before the maturity of the Plan

under the Sc heme. However, there c an be no

assurance that the investment objective of the Plan

under the S cheme will be realized.

Crisil MIP Blended

Index

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.




NAV CAGR (In %)

Scheme Name (23 Sep 11) 1 Week 1 Month 1 Year Since Inception

ICICI Pru Dynamic(G) 95.35 -3.18 -0.43 -11.54 28.83 0.70 0.00 1.82

Fidelity Equity(G) 32.35 -2.89 -0.57 -13.61 20.28 0.80 0.00 1.84

ICICI Pru Discovery(G) 43.16 -2.53 -1.10 -14.47 22.85 0.70 -0.01 1.92

Franklin India Bluechip(G) 196.90 -2.79 -0.06 -11.70 22.89 0.78 0.01 1.83

HDFC Top 200 Fund(G) 186.28 -3.18 -1.38 -16.46 21.43 0.88 0.00 1.78

DSPBR Top 100 Equity-Reg(G) 90.73 -3.69 -1.59 -13.43 29.44 0.77 0.00 1.84

Birla SL MIP(G) 26.89 -0.28 0.19 3.47 9.55 0.09 0.00 2.09

Reliance MIP(G) 21.90 -0.17 0.32 1.69 10.69 0.31 -0.01 1.54HDFC MIP-LTP(G) 23.13 -0.40 -0.14 1.83 11.43 0.17 -0.01 1.52

HDFC Prudence(G) 203.01 -1.66 -0.91 -6.92 18.60 0.18 -0.04 1.80

HDFC Balanced(G) 54.77 -1.51 -0.43 -0.55 16.66 0.17 -0.01 2.11

Tata Balanced(G) 78.91 -2.27 -0.62 -7.16 16.00 0.31 -0.04 2.34

Category: Balanced Funds

Category: Largecap

Category: Monthly Income Plans

Weekly Recommendations (Equity & Hybrid)

Absolute Return (In %)BETA ALPHA

Expense

Ratio

Weekly Recommendations (Debt)

NAV CAGR (In %)

Scheme Name (23 Sep 11) 1 Week 1 Month 1 Year Since Inception

Category: Floating RateBirla SL FRF-LT(G) 17.57 0.19 0.77 8.51 7.02 9.00 54.75 54.75 0.14

DSPBR FRF-Reg(G) 16.35 0.16 0.66 7.92 6.05 0.00 244.55 222.65 0.80

LIC Nomura MF FRF-STP(G) 16.58 0.16 0.67 6.85 6.98 0.00 26.40 25.20 0.60

Category: Income - Long term

Birla SL Dynamic Bond-Ret(G) 17.13 0.32 0.49 7.79 8.01 9.75 1003.75 912.50 0.79

ICICI Pru Income-Reg(G) 32.02 0.15 0.19 5.09 9.20 9.43 2679.10 1744.70 2.13

DSPBR Govt. Sec(G) 34.00 0.41 0.41 3.93 10.75 0.00 2489.30 1668.05 1.24

Category: Income - Short term

Templeton India Low Duration Fund(G) 11.00 0.17 0.74 9.02 8.61 9.79 76.65 69.35 0.65

Templeton India Income Opportunity(G) 11.48 0.14 0.67 7.61 8.02 10.06 372.30 262.80 1.35UTI S T Income (G) 17.55 0.09 0.61 8.76 7.06 0.00 938.05 0.00 0.59

Category:Ultra Short Term Fund

Templeton India Ultra-ST-Ret(G) 13.04 0.16 0.72 8.35 7.30 9.29 47.45 43.80 0.65

Kotak Floater-ST(G) 16.73 0.17 0.75 8.52 6.48 9.30 29.20 29.20 0.57

Tata Floater(G) 15.31 0.17 0.76 8.65 7.29 9.07 60.90 0.00 0.25

Category: Liquid

HDFC Cash Mgmt-Savings(G) 21.36 0.16 0.73 8.26 6.58 0.00 25.00 23.00 0.41

IDFC Liquid-A(G) 1441.59 0.17 0.73 8.50 6.88 0.00 38.34 35.82 0.20

Tata Liquid-RIP(G) 2331.71 0.15 0.68 7.86 6.69 8.55 30.00 0.00 0.65

Expense

RatioYTM

Average

Maturity In

Modified

Duration in

Absolute Return (In %)

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Dividend Declaration


Scheme Name Category Record Date Gross Corporate Non-Corporate

Baroda Pioneer MIP(MD) Hybrid 23-Sep-11 0.66 0.50 0.58

Baroda Pioneer Treasury Adv-Reg(MD) Debt 23-Sep-11 0.71 0.53 0.62

Daiwa Treasury Advantage-Reg(MD) Debt 23-Sep-11 0.68 0.51 0.59

ICICI Pru LT FRF-A(MD) Debt 23-Sep-11 0.63 0.47 0.55

ICICI Pru LT FRF-B(MD) Debt 23-Sep-11 0.62 0.47 0.54

ICICI Pru MIP 25(MD) Hybrid 22-Sep-11 0.97 0.79 0.92

ICICI Pru MIP(MD) Hybrid 22-Sep-11 0.84 0.63 0.74

Mirae Asset Ultra ST Bond-Reg(MD) Debt 23-Sep-11 0.01 0.00 0.01

Reliance FRF ST(MD) Debt 20-Sep-11 0.65 0.49 0.57

Reliance Medium Term(MD) Debt 21-Sep-11 0.70 0.53 0.62

Reliance MIP(MD) Hybrid 21-Sep-11 0.60 0.45 0.53

Reliance Money Manager-Inst(MD) Debt 20-Sep-11 0.68 0.51 0.59

Reliance Money Manager-Ret(MD) Debt 20-Sep-11 0.66 0.49 0.58

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