newsletter_July13_CF

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Research Desk | Product of the Month

Reliance My Gold Plan | Mutual Fund Desk | Monthly Economic Calendar | RGurukool Corner

| Customer Service | Currency Research Desk

J uly 2013NEWSLETTER

At the mercy of the Central Banks; Nifty loses over 2% in J une

RM/151/04.0

7.2

013

Dear ,

Yours Sincerely

Rajeev R. SrivastavaHead - Equity Broking

Customer

The Nifty ended the month of J une with a 2.4% cut and below the 5,850 mark. However, this correction figure camouflages the high

volatility that was witnessed during the month. Notably, the first 3-weeks of the month saw a near collapse for the Indian stockmarket

with the Nifty tanking by ~7% from just under 6,000 levels to almost the 5,550 mark. The INR too depreciated sharply against the US$

in this period from Rs56.5 to Rs60.5. However, thanks to the last week of the month, a sharp recovery in the Indian stockmarket and

the currency helped to curtail the losses to a great extent. Nonetheless, FIIs were incessant net sellers of Indian equity for a greater

part of the month as they lightened up their positions by over Rs9,000cr in J une. Globally too, stockmarkets across Asia, Europe and

the US were in the bear grip with the Asian indices losing 1-14% (China was down 14%), the European indices sliding by 5-6% and

the US indices down by ~1.5%.

The reason for the disenchantment towards equities was on the back of the apprehensions that the US Fed would hint at the tapering

off of its US$85bn per month bond-buying program, which has been an important source of liquidity for the world. Further, with this

fear coming true when the US Fed minutes were released mid-J une which indicated of a tapering of its QE program later this year and

end it by mid-2014, bulls were forced to run for cover as bears took complete charge of market proceedings. Fears of a credit squeeze

and consequent slowdown in China added to the woes. However, with considerable damage done to asset classes like equities,

commodities, gold, etc. during the month, Central Banks of China, Europe and the US started making attempts to alleviate market

fears of a tighter monetary policy in the near future. This aided market sentiments globally and the indices recovered some of their lost

ground in the last week of J une. In the case of India, the government swinging back in action as it bit the bullet with Oil & Gas sector

reforms, increasing the petrol price for the third time in J une and approving the setting up a Coal regulator also helped matters.

Notably, from the lows of the month, Nifty recovered more than 5% to end J une just a shade below the 5,850 mark.

Going forward, since global asset classes are expected to continue to remain at the mercy of the Central Banks i.e. the statementsemanating from there and the interpretations derived from these, volatility is here to stay. In the case of India, with the RBI not obliging

the market with a rate cut in J une as it adopted a cautious stance and stated that only a durable receding of inflation will open up the

space for monetary policy, we are forced to now believe that considering the state of food inflation, a depreciated currency and high

deficit, the RBI could continue to stay put with its current stance even in its J uly policy. Nonetheless, we believe that well progressing

monsoon would relieve the food inflation pressure going forward and several steps taken by the government to control the deficits

should also allow the RBI to consider monetary easing in the coming months if not immediate. In the meanwhile, investors should

keep scouting for bargains as we continue to believe that despite short-term challenges (and intermittent stockmarket corrections);

Indias economic resurrection is inevitable over the medium-term.

From the desk ofBusiness Head

ISO 9001:2008: Reliance Securities Limited holds a certificate issued by BSI Management System India Pvt. Ltd to the effect that it operates a Quality Management System that complies with the requirements of ISO9001:2008 for providing equity & equity derivative trading services through online trading system. Investment in securities market is subject to market risk. Registered Office: Reliance Securities Limited, 11th Floor, R-Tech ITPark, Western Express Highway, Goregaon (East), Mumbai - 400063. Tel: +91 22 3320 1212 (NSE - INB / INF / INE 231234833; BSE - INB / INF / INE 011234839; MCX>SX - INB / INF 261234836 INE 261234833)


2/16

NIFTY (5,899)

Last month, the NIFTY slipped from a high of 6,011

at the start of the month to a low of 5,566 in the lastweek of trade. Fortunately for bulls, strong wave ofbuying in last two trading sessions of the month,aided by appreciation of Rupee against the Dollar,saw the NIFTY recovering considerable lostground. Finally, NIFTY ended lower by 2.4% in

J une. Once again, the erosion amongst the mid-cap and the small-cap indices remained quitesharp.

Fortunately (for long only investors) andunfortunately (for trend followers), sharp rebound inlast two trading sessions prevented a negativecross-over in MACD on monthly charts , thus

averting the possibility of further sharp correction.Nonetheless, the possibility of negative crossoverand further declines still remains high in the near-term. Historically, such crossovers in MACD onmonthly charts have yielded a 6-10% decline.

Going ahead, we expect ranged action that may last for few weeks before the indices are able to chart their own course. Technically, 6,020on higher side to 5,720 on lower side remains very crucial for the NIFTY. A break above or below this level may see NIFTY moving towardsthe next level of 6,200/5,500.

BAJAJ AUTO (Rs1,923)BAJ AJ AUTO had lost substantial ground as it collapsed to a low ofRs.1,656 in April 2013 post a peak of Rs2,229 in J an 2013.However, later we observed the stock taking good support at its100 week EMA (exponential moving average) currently placed atRs1,713. In the short-term, we believe the stock may witness aminor correction towards Rs1,800-1,850 before moving towardsthe previous peak of Rs2,229. Thus, any correction in the stockprice can be used to accumulate the stock in view of the decentrisk-reward ratio. Long position can be initiated between Rs1,850-1,800 for upside target of Rs2,200-2,250 with closing based stoploss of Rs1,720.

ACC (Rs1,220)

ACC had witnessed southward journey post registering a 52-weekhigh of Rs1,545 in October 2012 as it gradually declined to Rs1,106in 6 months. As per our observation, stock is closely following the100 day SMA (i.e. Simple Moving Average) and multiple times ithas confirmed trend reversal after convincingly working as a strongsupport as well as strong resistance line. Stock is now on verge ofclosing above its 100 day SMA that will open the gate for handsomereward. Long position can be initiated in the stock from the currentlevels up to Rs1,180 for probable up move towards Rs1,450-Rs1,545 with a closing based stop loss of Rs1,100 .

Technical View for the month

Technical Picks for the month

Note: Since the above recommendations are on BUY side, strict stop loss is strongly advised.

Research Desk


3/16

Strike Rates June 2013

Source: Refer Daily Market Lens

Some Fundamental Call updates:

Fundamental / Technical Calls performance

Note: As on May 31, 2013; Source: Refer Daily Market Lens / LIVE Market Calls data

* Cera Sanitaryware up ~190% since our initial recommendation @ Rs182 in Jan 2012 ^ IPCA Labs. up ~97% since our initial recommendation @ Rs328 in Aug 2011

Research Desk


4/16

Disclaimer at the last page

Step 1: https://trade.rsec.co.in/

Step 2: Select Rofferings > Model Portfolio

How to Invest online

To know more visit: http://www.rsec.co.in/products-and-services/financial-Services/equity/rmodelportfolio

Reliance Securities Model Portfolio performance

Since inception on October 3, 2011, The Reliance SecuritiesModel Portfolio has outperformed its benchmark (Sensex)by about 10.8%!

Thus, while the Sensex has given a return of 20.4% in thisperiod, the R-Model Portfolio has given a return of 31.3%,which is almost 53% higher (in absolute terms) than Sensexreturns.

Notably, the R-Model Portfolio has outperformed everyquarter since inception!!

Research Desk


5/16

Product of the month

These are delivery buy transactions in which pre-specified margin (ranging 20% to 60%) is blocked by RSL during trading hours.

Pre-specified margin can be in the form of free cash in ledger +Post hair cut value of RSL Specified Demat holdings +same days saleproceeds.

Sell will be allowed only based on demat holdings available.

Client has to pay the balance within T+2 or not later than T+6 day.

If debits are not cleared by T+6 day, RSL will liquidate the positions anytime on or after T+7 day.

If debits are not cleared by T+2 day, Delayed Payment Charges (DPC) will be levied from T+2 day onwards.

NRML position can be converted to other product (CNC / MIS) during market hours subject to availability of required margin.

NRML stands for Normal. You can take delivery buy positions in specified stocks (Specified by Reliance Securities Limited on its website

from time to time) by paying a minimum margin (ranging 20% to 60% which would vary from stock to stock) and pay the balance within T+2

or not later than T+6 day.

If debits are not cleared by T+6 day, RSL will liquidate the positions anytime on or after T+7 day.

For Example: If your available limits is Rs. 20,000/- you can take exposure up to Rs.80,000/- under NRML. You can make the balance

payment within T+2 or not later than T+6 day.

If debits are not cleared by T+2 day, Delayed Payment Charges (DPC) will be levied from T+2 day onwards.

At all times during the NRML term (i.e. T day to T+6 day), you need to maintain minimum margin as required and defined by RSL from time

to time.

If debits are not cleared by T+6 days, further exposure will not be allowed in that particular exchange effective from T+7 day onwards.

NRML (Cash) Product


6/16

The number of client request serviced in the month of May13 26509

% of client request serviced within defined TAT 97%

Customer service Performance

Interbank Mobile Payment Service (IMPS) is an instant interbank

electronic fund transfer service through mobile phones. It enables one

to send money to another bank account using the mobile number and

MMID of the receiver.

MMID (Mobile Money Identifier) is a 7 digit number that is provided by the

bank to its customer while registering for IMPS (Interbank Mobile

Payment Service). Once you updated MMID number with us, you able to

transfer funds instantly from your linked bank account into your trading

account through your mobile banking platform provided by your bank

To avail IMP (Interbank Mobile Payment) Service, you are required to

complete the below mentioned procedure:

1. You need to be a mobile banking user of the respective bank to use

this service

2. The mobile number registered with both, Reliance Securities and

your Bank should be the same.

3. You need to do one-time IMPS registration with his bank to

activate this facility.

After registration, you will get MMID from your bank which you need to

update with Reliance securities Ltd. by following below mentioned

steps:

A. Login to Insta Plus

B. Click on Fund Transfer ?"MMID update ?Select the Bank ?Enter

the MMID received from his Bank ? Re-Type MMID and tick the

"Terms and Condition

C. Click on "Submit

The MMID will be registered with Reliance Securities Ltd within T+3

working days

Points to remember while investing

For more details

visit our website www.rsec.co.in or contact our customer support on022-39886000, 22866000, 33506000 ore-mail us at [email protected]

You can also access the professional-level researchtools such as interactive charts, quotes, stockanalysis and comparison by following belowmentioned steps:

1. Login toNew Insta Plus

2. Click toAdvanced Tools

3. Click toCharts

4. Mention the Stock name or Index

5. Select Overlays, Indicator, and Chart Type as peryour Preference.

Help yourself Tips

The person who was handle my query is very

very helpful , good nature and accurate

people, thanks for appoint such nice person

Shrawan Nagar, Ahmedabad, May 23, 2013

Awareness Tips

Please do not share yourAccount Details with any one

Cleared all my doubts and concerns. Keep

up the good work...

Salil Natekar, Mumbai, May 10, 2013

The executive was very prompt and knew

what she was mentioning. Was able to

quickly check my records and gave me the

necessary details. Good Job done !

Saurabh Mathur, Bangalore, May 18, 2013

Customer Service Team


7/16

For more information:

Visit Our Branch

SMS to 53636022-3988 6000www.rsec.co.in

[email protected] at the last page

Fundamental Outlook

Technical Outlook:

The Indian rupee was set to end its worst quarter in atleast a decade in the month of J une. The Indianrupee (INR) has depreciated nearly 12 per cent since the beginning of the fiscal year in April 2013 andreached an all-time low of 60.73 against the US dollar on 26 J une 2013. The Indian currency

derivatives, which include futures and options, have registered a 50% jump in average daily turnoverto over 60,000 crore in J une against 41,000 crore in May due to increased volatility in the rupeeagainst the US dollar. The arbitrage volumes have increased between over the counter (OTC) andthe exchanges due to increase in volatility. Arbitrage is a process where traders buy cheap product inone market and sell it at higher rates in another. The rupee has been quite vulnerable to the globalfactors since the last few weeks. US Dollar strength, macro fundamentals, twin deficit concerns anddebt outflows are key reasons for depreciation in the Indian currency. The strong gains in the USdollar which is sustaining above 82.50 levels and sharp weakness in the Euro which is trading near$1.30 levels are also contributing to the huge losses in the rupee. On the local front, there has been ahuge outflow from the debt market in the current month which is putting severe pressure on the rupee.Overseas investors have pulled out a staggering Rs 29,191 crore (over $5 billion) from the Indiandebt and equities in less than a month.

The Indian rupee has been the victim of rising dollar demand and narrowing spread between the USand Indian bond yields. The US 10-year treasury yield has risen sharply since the beginning of May after the US Federal Reserve said it is likely totaper USD 85-billion-a-month bond purchase from later this year and end it ultimately next year provided the US economic recovers. Fed's ultra-loosemonetary policy drove asset prices such as gold and equity markets across Asia, and fears are that inflows may be hit if US monetary stimulus comesto an end.

As the US bond yields rise, the gap has narrowed between the US and Asian government bond yields, which has led investors to sell the latter in favorof safe-haven treasuries.

Some government intervention found in the last month to curb Rupee depreciation further more by boosted government bonds and the fixed incomeassociate trading bonds amid Government also selling dollars from higher side to push the economic health as such expecting that a global risk rallywould help curb the recent heavy selling by exporters to cover up their exposure.

Reserve Bank of Indias credit policy released in the last month was quite disappointed for the market sentiment amid Inflationary numbers. Thecentral bank has limited options left to curb rupee depreciation, but is reluctant to sell too much of its US dollar foreign reserves given they are enoughto cover only seven months of imports.

USDINR continued its rally by 0.75% on weekly basis compared to 2.84% in the previous week. It rallied up by 5.12% in the month of J une ascompared to 5.03 rise in the month of May. Prices seen closing lower near to its previous closers trading range though in a negative note. Overalltrend remains still bullish for this month with buy in dips strategy around the level of 58.80 for the potential target of 60.80.60 to 62.10 on the upsidewhile immediate support seen near 58.80 and 57.60 as Fibonacci level of 38.2% and 50% respectively, which is shown in the chart.

Prices could remain rangebound during starting of the month as inverse hammer pattern in the weekly chart could pressurize it slightly. We could alsoobserve the diminishing volume since last three weeks could also add up little pressure towards down side. We expect it to touch the level of 58.2 perdollar which is 23.4% of Fibonacci level in the chart. A monthly movement is likely to remain in the range of 57.60 to 62.10 levels.

Currency Research Desk

This report is prepared exclusively for Reliance Commodities. The information and opinions contained in the document have been compiled from sources believed to be reliable. Use of data and information contained inthis report is at your own risk. This document is not, and should not be construed as, an offer to sell or solicitation to buy any commodity. Reliance Commodities Ltd. do not accept responsibility for any losses or damagesarising either directly or indirectly from the use of this document.

USD/INR Weekly Chart


8/16

Disclaimer: MY GOLD PLAN of Reliance Gold is offered by Reliance Money Precious Metals Pvt. Ltd. Reliance Securities is offering such products as distributor only and it shall not be heldresponsible for any financial loss / liability.

Reliance My Gold Plan- Fulfillment Process

Gold Price Movement in India

Reliance My Gold Plan

The process to obtain your gold coin(s)/ jewellery is as easy as it gets for customers of Reliance My Gold Plan. All you need to do is follow the

below mentioned steps:

(i) As your tenure of subscription to the plan approaches maturity, you will receive a call from us intimating you of the same and also

informing you of the option of renewing your subscription to the plan.

(ii) Once the tenure of your subscription has matured, a maturity advice will be generated and sent to you at your registered e-mail id and

registered postal address via e-mail & physical post respectively.

(iii) The maturity advice will contain information with respect to the fulfillment related payments that you need to make - rounding off

charges, coin making charges (in case of coin fulfillment) and applicable taxes.

(iv) You can make the payments online at ->Quick Pay ->Fulfillment Payment, or via Cheque/DD at the nearest

CAMS point of acceptance.

(v) Once the fulfillment payment is realized, delivery of gold coins will be done within 10 working days, in the case of coin fulfillment.

(vi) In the case of jewellery fulfillment, a fulfillment voucher will be sent to you via e-mail and physical post which you can redeem at the

jewellery fulfillment partner mentioned on the voucher.

The base price of gold in international markets decreased by Rs. 90 or 3.6% to close at Rs. 2395.00 per gram through the 30-day period

ended 27 J une 2013. With no predictable

trends on the horizon, it makes for a strong

case of accumulating gold in a systematic

and disciplined manner. Reliance My Gold

Plan adopts this approach via the Daily

Average Pricing Methodology, therebyenabling the customer to accumulate 24

Karat gold at each price point.

www.reliancemgp.com

Does the thought of purchasing gold

seem like wishful thinking to you, given

todays gold prices?

Do you wish there was a way to mitigate

rising inflation as well as accumulate

assets?

Do you want your dream of owning physical gold, change to reality?

Do you wish there was an easier way to accumulate physical gold than waiting for prices to come down (they will not) or having

enough money in the bank?

If your answer to these questions is yes, then is what you are looking for. is brought

to you by Reliance Money in association with World Gold Council.

Reliance My Gold Plan Reliance My Gold Plan


9/16


Visit Our Branch

SMS to 53636022-3988 6000www.reliancemgp.com

[email protected]

Disclaimer: RELIANCE MY GOLD PLAN of Reliance Money is offered by Reliance Money Precious Metals Pvt. Ltd. Reliance Securities is offering such productsas distributor only and it shall not be held responsible for any financial loss / liability.

Reliance My Gold Plan


10/16

Total Assets Under Management (AUM) of the mutual fund (MF) industry grew by 5.2% (by Rs 42874 crore) to Rs 8.68 lakh crore in May2013, due to huge inflow into income and liquid funds.

AUM of Liquid Funds increased 11.8% (by Rs 21668 crore) to Rs 2.05 lakh crore primarily due to net inflow of Rs 20697 crore. AUM of

Income Funds improved by 5.9% (by Rs 24899 crore) to Rs 4.47 lakh crore. Moreover, this category witnessed net inflow of Rs 20919 crore.AUM of Gilt Funds declined by 2.8% (by Rs 255 crore) to Rs 8926 crore in May and reported net outflow of Rs 498 crore.

On the other side, AUM of equity funds fell 1.9% (by Rs 2930 crore) to Rs 1.52 lakh crore, while assets of equity-linked saving schemes(ELSS) dipped by 1.2% (by Rs 286 crore) to Rs 23174 crore. The equity market represented by the benchmark - Sensex and Nifty rosemarginally by 1.3% and 0.9% respectively in May. Equity and ELSS Funds faced net outflow to a tune of Rs 2910 crore and Rs 447 crorerespectively.

AUM of Gold ETF fell by 0.5% (by Rs 49 crore) to Rs 10580 crore, while it faced net inflows to a tune of Rs 5 crore. This category haswitnessed net inflows after three months.

Net inflow into the industry stood at Rs 37435 crore in May as against net inflow of Rs 1.06 lakh crore in April.

Funds mobilized from 24 newly launched schemes in May stood at Rs 1405 crore, out of which Rs 1259 crore came from 22 close endedincome funds.


Mutual Fund Update:

Mutual Fund Desk

Recommended Mutual Fund Schemes

*Source Morning Star

6 Mnths 1 Year 3 Years 5 Years Since Inception SD Beta SharpeScheme Name AUM (Cr.)

Birla SL Frontline Equity Fund 3,231 2.09 27.17 7.79 9.41 23.96 15.92 1.18 0.26

DSPBR Top 100 Equity Fund 3,279 -1.80 15.29 5.91 7.39 26.11 12.52 0.91 0.24

Franklin India Bluechip Fund 5,035 0.28 18.22 7.35 8.88 17.54 13.61 0.98 0.34

ICICI Pru Focused BlueChip Eq Fund 4,394 1.31 21.70 9.71 13.08 13.10 14.53 1.05 0.49

S&P BSE 100 1.39 21.23 4.54 3.53

Franklin India Flexi Cap Fund 1,536 -3.51 18.81 6.04 7.54 15.97 16.32 1.18 0.25

HDFC Equity Fund 10,864 -0.98 16.26 5.35 10.66 19.86 20.55 1.43 0.30

ICICI Pru Dynamic Plan 3,530 -1.90 11.84 5.36 8.14 25.67 15.59 1.08 0.36

Reliance Equity Opportunities Fund 4,988 -4.26 16.58 10.09 13.06 18.98 22.65 1.51 0.59

S&P BSE 500 -0.41 18.50 3.14 2.82

HDFC Mid-Cap Opportunities Fund 2,793 -1.01 15.76 9.88 13.18 10.33 20.39 1.29 0.60

ICICI Pru Discovery Fund 2,653 -2.11 14.75 7.21 14.55 21.22 21.99 1.46 0.47

IDFC Sterling Equity Fund 1,342 -4.60 13.52 6.96 15.73 14.47 19.24 1.30 0.39

SBI Emerging Businesses Fund 1,332 -2.22 26.08 17.28 11.31 22.19 17.55 1.12 1.00

S&P BSE Mid-Cap -7.43 8.15 -2.22 -1.12

Reliance Banking Fund 1,731 -0.93 28.81 10.41 17.09 27.49 27.48 1.95 0.47

ICICI Pru Infrastructure Fund 1,407 -7.71 8.45 -3.94 -1.61 12.56 14.23 1.04 -0.40

S&P BSE 500 -0.41 18.50 3.14 2.82

Volatility (3 Years)CAGR Returns (%)Absolute

Data as on 31st May 2013

Net Inflow / Outflow in Different Fund Categories in May 2013

Income 20919

Equity -2910

Balanced -338

Liquid / Money Market 20697

Gilt -498

ELSS - Equity -447

Gold ETF 5

Other ETFs 25

Fund of Funds Investing Overseas -18

Total 37435

Category Net Flows (Rs. Cr)


11/16

Data as on 31st May 2013

Model Portfolios:

Aggressive Model Portfolio: This is recommended for individuals who are willing to take high financial risk and can tolerate higher degrees of

fluctuation (sharp, short term volatility) in the value of investments for the possibility of achieving greater long term capital appreciation.

Moderate model Portfolio: This is an intermediate risk and return portfolio that provides a blend of equities and income - oriented schemes. Itaims to provide capital appreciation commensurate to the risk taken over medium to long term.

Conservative Model Portfolio: This portfolio is geared towards preserving capital. A minimal risk investment strategy is used. Seeks to hold

but not necessarily guarantee the principal value of an investment.

Recommended Model Portfolios by Mutual Fund Team

Mutual Fund Schemes Scheme Theme Aggressive % Moderate% Conservative%

EQUITY 75% 50% 25%

Reliance Equity Opportunities Fund Diversified 15% 10% 5%

HDFC Equity Fund Diversified 10% 10% 5%

Franklin India Bluechip Fund Large cap 10% 10% 10%

DSPBR Top 100 Large cap 10% 10% 5%

IDFC Sterling Equity Fund Mid cap 10% 5% Nil

HDFC Mid Cap Opportunity Fund Mid cap 10% Nil Nil

Reliance Banking Fund Sectoral 10% 5% Nil

Templeton India ST Income Fund Short term income Nil 10% 15%

ICICI Pru Income Pan Long term income 5% 5% 15%

Birla Sun Life Dynamic Bond Fund Medium Term Income 10% 10% 15%

1 Year FMP Short term FMP Nil 10% 15%

HDFC Cash Mgmt Fund-Savings Liquid 5% 10% 10%

Gold Fund Gold Fund 5% 5% 5%

Total 100% 100% 100%

DEBT 25% 50% 75%

Debt

Source: Ace MF

Mutual Fund Desk

Scheme Name Absolute CAGR Average Maturity

AUM(Cr.) 6 Months 1 Year 3 Years YTM Average Maturity Years Modified Duration Years

Birla SL Dynamic Bond Fund-Ret 16,381 6.71 12.25 9.42 8.62 NA 2.81

Templeton India ST Income Plan 6,486 5.86 11.41 8.93 9.93 2.41 2.19

Crisil Short Term Bond Fund Index 4.75 9.65 7.86

Reliance Dynamic Bond 7,420 9.33 15.16 10.82 7.63 9.28 5.82ICICI Pru Income 5,151 9.65 15.23 9.01 7.75 8.90 5.87

Crisil Composite Bond Fund Index 7.67 12.64 8.48

ICICI Pru Money Market Fund 2,712 4.42 9.16 8.26 8.20 0.05 0.05

HDFC Cash Mgmt-Savings 4,524 4.36 9.08 8.61 8.30 0.09 0.09

Crisil Liquid Fund Index 4.04 8.14 7.90

^Standard DeviationData as on 31st May 2013

*Source Morning Star

Balanced Funds

Volatility (3 Years)CAGR Returns (%)Absolute

Scheme Name AUM (Cr.) 6 Mnths 1 Year 3 Years 5 Years Since Inception SD Beta Sharpe

HDFC Balanced Fund 1,150 -0.21 10.95 8.72 12.21 15.48 13.77 -2.54 0.65

HDFC Prudence Fund 5,806 -0.24 12.12 7.06 12.51 17.64 16.15 -2.49 0.48

Reliance Reg Savings Fund-Balanced Plan 552 -2.24 15.63 6.41 11.98 11.99 15.58 -0.22 0.36

Crisil Balanced Fund Index 3.91 18.59 6.94 6.39


12/16

Mutual Fund Desk

Corporate Fixed Deposits are Fixed Deposits placed by investors with companies for a fixed term carrying a prescribed rate of interest. Thecompanies in turn use these funds to fulfill their capital requirement from time to time.

Corporate FDs are attractive investment avenue for conservative investors who do not want to take the risk of vagaries of stock market.

Corporate FDs also offer higher interest rates than normal bank FDs.However unlike Bank FDs your investment in Corporate FD is not guaranteed by Govt of India or RBI or by any government sponsoredagencies.

Ignore the unrated Company Deposit Schemes: Chose only AA+and above rated FD issuing corporate .Within a given rating grade, choosethe company with a better reputationIt is better to make shorter deposit of around 1 year to 3 yearsCheck on the servicing standards of thecompany before investingBased on our research, we recommend the following Corporate FDs to suit your requirements.

How to choose a good Corporate FD scheme?

Corporate Fixed Deposits (Fds)

Non Cumulative Scheme Cumulative Scheme

Period (Months) Half yearly Quarterly Interest Yield12 9.00% 8.90% 9.25% 9.25%

18 - - 9.75% 10.07%

24 9.75% 9.65% 10.00% 10.50%

36 10.00% 9.90% 10.25% 11.34%

48 9.50% 9.40% 9.75% 11.27%

60 9.50% 9.40% 9.75% 11.85%

Mahindra Finance Co. Ltd Fixed Deposit

Period (Months) Non Cumulative Scheme Half Yearly Yearly (p.a.) Cumulative Scheme

12 Yearly (p.a.) 9.05% 8.95% Interest p.a.

24 9.25% 9.52% 9.41% 9.25%

36 9.75% 10.47% 10.34% 9.75%

48 10.75% 10.47% 10.34% 10.75%

60 10.75% 10.47% 10.34% 10.75%

Shriram Transport Finance

Period (Months) ROI

12 8.75%

18 8.75%

24 9.00%

36 9.25%

60 9.50%

LIC Housing Finance

Period (Months) Monthly Quarterly Plan Half-Yrly Annual Cum. Int

15 9.05% 9.10% 9.20% - 9.40%

33 9.05% 9.10% 9.20% 9.40% 9.40%

HDFC Platinum Deposits


13/16

Mutual Fund Desk

[email protected]


Visit Our BranchSMS to 53636022-3988 6000

Step 1: https://trade.rsec.co.in/

Step 2: Select Investment Offering > Mutual Fund > Choose a Fund of your choice

How to Invest online


Disclaimer:

For further information please contact:

Registered Office: Reliance Securities Limited, 11th Floor, R-Tech IT Park, Western Express Highway, Goregaon (East), Mumbai -400063. Tel: +91 22 3320 1212.

This document is meant for the customers of Reliance Securities Limited only. In case you are a non resident, please note that you need to complywith the relevant local laws of the country of your residence, before investing. Mutual Funds and securities investments are subject to market risks, and there is noassurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the Net Asset Value (NAV) of the Units issued byMutual Fund Schemes can go up or down depending on the factors and forces affecting the securities market. There are no assurances or guarantees that theobjectives of any of the mutual fund schemes will be achieved. The investments may not be suited to all categories of investors. Please read the Scheme

Information Document and Statement of Additional Information of the respective mutual fund carefully before investing.

The views herein constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the readers. Thisinformation is meant for general reading purpose only and is not meant to serve as a professional investment guide for the readers. This document has beenprepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Reliance Securities Limited (RSL) or itsdirectors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of suchinformation.

Due care has been taken to ensure that the disclosures and opinions given fair and reasonable. No action has been solicited based upon the information providedherein, and the information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this informationshould rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informedinvestment decision before making any investments.

None of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive orexemplary damages, including lost profits arising in any way whatsoever from the information contained in this material. RSL, the directors, employees, affiliates

or representatives of RSL, associate companies, affiliates, and representatives including persons involved in the preparation or issuance of this material may fromtime to time, have long or short positions in, and buy or sell the securities thereof, of company(ies) / specific economic sectors / mutual funds, if mentioned herein.

Reliance Securities Limited,

Fixed Maturity Plans (FMPs) our recommendation:

Fund Scheme Tenor Start Date End date

ICICI Mutual Fund Annual Interval Series VI plan F 1 year 4-Jul-13 8-Jul-13

ICICI Interval Fund IV - Quarterly Interval Plan B 3 months 4-Jul-13 5-Jul-13

UTI Fixed Income Interval Fund - Series II - Quarterly Interval Plan VII 3 months 8-Jul-13 9-Jul-13

UTI Fixed Income Interval Fund - Monthly Interval Plan II 1 month 9-Jul-13 10-Jul-13

ICICI Prudential FMP Series 68 - 366 Days Plan H 366 days 15-Jul-13 18-Jul-13

ICICI Interval Fund II - Quarterly Interval Plan F 3 months 15-Jul-13 16-Jul-13

ICICI Prudential FMP Series 68 - 745 Days Plan G 745 days 15-Jul-13 22-Jul-13

UTI Fixed Term Income Fund - Series XV - VIII (368 days) 368 days 18-Jul-13 24-Jul-13

ICICI Interval Fund V - Mthly Interval Plan A 1 month 19-Jul-13 22-Jul-13

ICICI Interval Fund - Monthly Interval Plan - I 1 month 19-Jul-13 22-Jul-13

UTI Fixed Income Interval Fund - Monthly Interval Plan I 1 month 19-Jul-13 24-Jul-13ICICI Half yearly Interval 6 months 23-Jul-13 25-Jul-13

UTI Fixed Income Interval Fund - Series II - Quarterly Interval Plan IV 3 months 29-Jul-13 30-Jul-13


14/16

Monthly Economic Calendar

Date Country Event Priod Prior

1-J ul-13 US ISM Manufacturing J un 49

1-J ul-13 IN HSBC-Markit Manufacturing PMI J un 50.1

3-J ul-13 IN HSBC-Markit Services PMI J un 53.6

4-Jul-13 UK BOE ANNOUNCES RATES 4-Jul 0.50%

5-J ul-13 US Change in Nonfarm Payrolls J un 175K

5-J ul-13 US Unemployment Rate J un 7.60%

9-J ul-13 UK Industrial Production (MoM) May 0.10%

12-J ul-13 US Producer Price Index (MoM) J un 0.50%

12-J ul-13 US U. of Michigan Confidence J ul 84.1

12-Jul-13 IN Industrial Production YoY May 2.20%

12-Jul-13 IN CPI (YoY) Jun 9.31%

15-J ul-13 US Advance Retail Sales J un 0.60%

15-Jul-13 IN Monthly Wholesale Prices YoY% Jun 4.70%

16-J ul-13 US CPI MoM J un 0.10%

16-J ul-13 US Industrial Production J un 0.00%

16-J ul-13 UK PPI Output n.s.a. (MoM) J un 0.00%

16-J ul-13 UK CPI MoM J un 0.20%

16-J ul-13 UK CPI YoY J un 2.70%

16-J ul-13 UK Core CPI YOY J un 2.20%17-J ul-13 US Housing Starts J un 914K

17-J ul-13 UK ILO Unemployment Rate (3mths) May 7.80%

22-J ul-13 US Existing Home Sales J un 5.18M

24-J ul-13 US New Home Sales J un 476K

25-J ul-13 US Durable Goods Orders J un 3.60%

25-J ul-13 UK GDP (QoQ) 2Q A 0.30%

25-J ul-13 UK GDP YoY 2Q A 0.30%

29-J ul-13 UK Nat'wide House prices sa (MoM) J ul 0.30%

29-J ul-13 UK Nat'wide House prices nsa(YoY) J ul 1.90%

30-J ul-13 US Consumer Confidence J ul 81.4

30-Jul-13 IN Cash Reserve Ratio 30-Jul 4.00%

30-Jul-13 IN India REPO Cutoff Yld 30-Jul 7.25%

30-Jul-13 IN Reverse Repo Rate 30-Jul 6.25%

31-J ul-13 US GDP QoQ (Annualized) 2Q A 1.80%

31-Jul-13 US FOMC Rate Decision 31-Jul 0.25%

31-Jul-13 IN Fiscal Deficit INR Crore Jun 87079


15/16

SMS to 53636022-3988 6000 Visit Our Branches

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Hope this article has been useful for further knowledge on the subject visit us atwww.rgurukool.com

Stock Support and Resistance Levels for TradingCORNER

A is a style of bar-chart used primarily to describe price

movements of a security, derivative, or currency over time.

It is a combination of a line-chart and a bar-chart, in that each bar represents

the range of price movement over a given time interval. It is most often used in

technical analysis of equity and currency price patterns. They appearsuperficially similar to error bars, but are unrelated.

Candlestick charts are thought to have been developed in the 18th century by

Munehisa Homma, J apanese rice trader of financial instruments. They were

introduced to the Western world by Steve Nison in his book, J apanese

Candlestick Charting Techniques.

The basic candlestick

Candlesticks are usually composed of the body (black or white), and an upper

and a lower shadow (wick) the area between the open and the close is called

the real body, price excursions above and below the real body are calledshadows. The wick illustrates the highest and lowest traded prices of a

security during the time interval represented. The body illustrates the opening

and closing trades. If the security closed higher than it opened, the body is

white or unfilled, with the opening price at the bottom of the body and the

closing price at the top. If the security closed lower than it opened, the body is

black, with the opening price at the top and the closing price at the bottom. A

candlestick need not have either a body or a wick.

To better highlight price movements, modern candlestick charts (especially

those displayed digitally) often replace the black or white of the candlestick

body with colors such as red (for a lower closing) and blue or green (for a

higher closing). Observe the chart below

candlestick chart Candlestick chart topics

Black & White

Colour


16/16

General Disclaimers:

Risks:

Disclaimers in respect of jurisdiction:

Disclosure of Interest:

This document is meant for the customers of Reliance Securities Limited only. In case you are a non resident, please note that

you need to comply with the relevant local laws of the country of your residence, before investing. Mutual Funds and securities investments aresubject to market risks, and there is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment insecurities, the Net Asset Value (NAV) of the Units issued by Mutual Fund Schemes can go up or down depending on the factors and forces affectingthe securities market. There are no assurances or guarantees that the objectives of any of the mutual fund schemes will be achieved. Theinvestments may not be suited to all categories of investors. Please read the Scheme Information Document and Statement of Additional Informationof the respective mutual fund carefully before investing.The views herein constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by thereaders. This information is meant for general reading purpose only and is not meant to serve as a professional investment guide for the readers.This document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable.Reliance Securities Limited (RSL) or its directors, employees, affiliates or representatives do not assume any responsibility for, or warrant theaccuracy, completeness, adequacy and reliability of such information.Due care has been taken to ensure that the disclosures and opinions given fair and reasonable. No action has been solicited based upon theinformation provided herein, and the information is not intended to be an offer or solicitation for the purchase or sale of any financial product or

instrument. Recipients of this information should rely on information/data arising out of their own investigations. Readers are advised to seekindependent professional advice and arrive at an informed investment decision before making any investments.None of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitiveor exemplary damages, including lost profits arising in any way whatsoever from the information contained in this material. RSL, the directors,employees, affiliates or representatives of RSL, associate companies, affiliates, and representatives including persons involved in the preparation orissuance of this material may from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies) / specificeconomic sectors / mutual funds, if mentioned herein.

Trading and investment in securities are subject market risks. There are no assurances or guarantees that the objectives of any of trading /investment in securities will be achieved. The trades/ investments referred to herein may not be suitable to all categories of traders/investors. The names ofsecurities mentioned herein do not in any manner indicate their prospects or returns. The value securities referred to herein may be adversely affected bythe performance or otherwise of the respective issuer companies, changes in the market conditions, micro and macro factors and forces affecting capitalmarkets like interest rate risk, credit risk, liquidity risk and reinvestment risk. Derivative products may also be affected by various risks including but not

limited to counter party risk, market risk, valuation risk, liquidity risk and other risks. Besides the price of the underlying asset, volatility, tenor and interestrates may affect the pricing of derivatives.

The possession, circulation and/or distribution of this Report may be restricted or regulated in certain jurisdictionsby appropriate laws. No action has been or will be taken by RSL in any jurisdiction (other than India), where any action for such purpose(s) is required.Accordingly, this Report shall not be possessed, circulated and/or distributed in any such country or jurisdiction unless such action is in compliance with allapplicable laws and regulations of such country or jurisdiction. RSL requires such recipient to inform himself about and to observe any restrictions at hisown expense, without any liability to RSL. Any dispute arising out of this Report shall be subject to the exclusive jurisdiction of the Courts in India.

The research analysts who have prepared this Report hereby certify that the views /opinions expressed in this Report are theirpersonal independent views/opinions in respect of the securities and their respective issuers. Neither RSL nor the research analysts did have any knowndirect /indirect conflict of interest including any long/short position(s) in any specific security on which views/opinions have been made, during thepreparation of this Report.

General Disclaimers

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