Download - 110702 - Weekly
-
8/6/2019 110702 - Weekly
1/18
Saturday, July 02, 2011
1Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Headlines
(Global Economy) The US Fed will buy bonds worth USD 300 bn over the next 12 months.
(Indian Economy) Growth of Eight Core Infrastructure Industries slowed to 5.3% in May.
(Economic Calendar)
(Global and Domestic Stock Markets)
(Derivative Analysis) Nifty June Futures closed at 5638.40
(Technical Analysis) Nifty Support levels are at 5515-5450 and resistance 5800-5900.
(Weekly Recommendations) LICHSGFIN AND PFC
(Sector & Company Highlights)
(MF Industry update)
-
8/6/2019 110702 - Weekly
2/18
.
Saturday, July 02, 2011
2Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Global Economy
The US Economy grew 1.9% in the first quarter of 2011, starting a
emporary slowdown in growth as predicted by the Federal
Reserve. The Fed will wind down its QE2 plan but has kept the
window open to purchase as much as USD 300 bn of government
debts over the next 12 months without adding money to the financial
system. Quantitative easing, even at a smaller scale, will help to
ncrease consumer demand & support the economic growth.
However, S&Ps has threatened to cut the US credit rating to its
owest level and Moodys too has mentioned that it would cut the
sovereign debt rating to Aa if the country does not raise its debt
borrowing limit which is currently capped at USD 14.3 tn. A U.S
default would cause upheavals in world financial markets that
would be much more chaotic than after the bankruptcy of Lehman
Brothers Holdings Inc. in 2008.
UK house prices fell in June by 0.1% over the previous month as
government budget cuts and accelerating inflation squeezed
finances and banks tightened lending requirements. Exports
Global Economic Indicators (As on June 30, 2011)
Commodities and Currencies
Crude Oil for August delivery gained 4.2% this week to USD 94.94
a barrel on the NYMEX as manufacturing in the US showed signs
of revival, although the same scene showed a slowdown in China.
Gold for August delivery dropped 1.2% this week to USD 1482.6 an
ounce on the COMEX as concerns of a Greek debt default receded.
Source: Economist
however returned the British economy to growth in the 1st quarter as
soaring food and energy costs eroded household incomes and
curbed consumer spending. GDP rose 0.5% from the previous
quarter.
The ECB may raise interest rates next week by a quarter point to
1.25% as concerns increase over rising inflation which is over the
2% tolerance level of the central bank.
Germanys biggest banks and insurers and the government agreed
on a draft proposal to roll over Greek debt holdings before a meeting
with Finance Minister. German and French lenders are the biggest
foreign holders of Greek debt and their participation would help the
European Union meet a goal of getting banks to roll over at least 30
billion euros ($43.3 billion) of bonds. In the meanwhile, the Greek
Prime Minister has successfully passed his governments austerity
plan which was imperative for a EU sponsored bailout of the nation.
On the same Greek default concern note, the Euro advanced 2.4%
for the week to close at USD 1.4526.
Economic Indicators (%) US EU Japan UK China Brazil Russia
GDP +2.3 +2.5 -1.0 +1.6 +9.7 +4.2 +4.1
Industrial Production +3.4 +5.2 -5.9 -1.1 +13.3 -1.3 +4.1
Consumer Price Index +3.6 +2.7 +0.3 +4.5 +5.5 +6.6 +9.6
Unemployment Rate 9.1 9.9 4.7 7.7 6.1 6.4 6.4
Current Account Balance % of GDP -3.4 -0.4 +2.6 -2.0 +3.6 -2.7 +4.8
Trade Balance -680.9 -32.6 +61 -153.1 +172.5 +23.2 +163.4
-
8/6/2019 110702 - Weekly
3/18
Saturday, July 02, 2011
3Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Indian Economy
The government raised prices of diesel and kerosene by INR 3 and
NR 2 per litre, respectively, and those of cooking gas by INR 50 per
cylinder. Simultaneously, it removed the 5% Customs duty on crude
oil, brought down the import duty on petrol and diesel from 7.5% to
2.5% and reduced the excise duty on diesel from INR 4.6 to INR 2
per litre. The duty changes would result in an annual revenue loss
of INR 490 Bn for the exchequer. The price increase will bring down
he losses of the government-controlled oil marketing companies
OMCs) by INR 210 bn. The oil companies will gain INR 230 bn from
he excise duty cut.
The Indian government could issue more cash management bills
CMBs) soon as uncertainty of direct tax refunds continues. The
government was committed to meeting its fiscal deficit target but
would have to work on the process of achieving it. Concerns the
government may borrow more than targeted in the second half
have resurfaced after customs duty on crude and petrol products
was reduced, which could outweigh the gains from increase in fuel
prices.
With natural gas and cement showing decline in production, the
growth of eight core infrastructure industries slowed down to 5.3% in
May against 7.4% a year ago.
Indian Debt Markets
The yield on the benchmark 7.8% 2021 bond closed at 8.35%, a rise
of 11 bps for the week. The 8.08% 2022 and the 8.13% 2022 bonds
Source: CCIL
Source: CCIL
Indian Currency Movement
The rupee appreciated 0.8% for the week to close at 44.59, a two
month high, supported by a strong euro and robust dollar inflows
Indias fiscal deficit from April to May was INR 1.31 tn (USD 29.2
bn), or 31.7% of the full-year target. Net tax receipts were INR
231.03 bn and total expenditure was INR 1.66 tn for the first two
months of the 2011 12 fiscal year. In February 2011, the
government had forecast a fiscal deficit of INR 4.13 tn, or 4.6% of
gross domestic product, for the current financial year.
Exports grew by an impressive 56.9% YoY to USD 25.9 bn in May
due to a rise in demand from Western markets like the US and
Europe. Imports also surged 54.08% to USD 40.9 bn, leaving a trade
deficit of USD 14.9 bn.
The manufacturing sector lost steam in June with marked declines
in output indicating taut monetary conditions may be taking hold
even as prices remained high. The HSBC Markit Purchasing
Managers Index, based on a survey of around 500 companies,
showed a sharp fall to 55.3 in June from 57.5 in May, its lowest level
since September 2010.
both closed at 8.46% and 8.45% respectively as risk aversion took a
back seat with immediate concern on Greek debt default receding.
which helped offset the impact of weak local shares.
Annualized Rate
(current)
Annualized Rate
(las t month)
Headline Inflation
(WPI)9.06
Primary Products 11.30 12.05
Fuel Power and
Lubricants 12.32 13.32
Manufactured
Goods7.27 6.18
Headline Inflation by WPI (%) (May11)
8.66
Internals
Current 1 WeekChange
Weekly1 Year
Change
annual
USD 44.59 44.94 -0.78% 46.54 -4.19%
GBP 71.75 71.89 -0.19% 69.63 3.04%
Euro 64.8 64.09 1.11% 57.39 12.91%
Yen 55.33 55.83 -0.90% 51.99 6.42%
1 Year Gilt 7.96
Debt Market Yields (%)
INR Exchange Rate (As on July 01, 2011)
10 year Gilt 8.41
-
8/6/2019 110702 - Weekly
4/18
.
Saturday, July 02, 2011
4Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Economic Calendar
Date Event Period Prior
7-Jul Food Articles WPI YoY 25-Jun 7.8%
7-Jul Fuel Power Light WPI YoY 25-Jun 13.0%
7-Jul Primary Articles WPI YoY 25-Jun 11.8%
India US
Date Event Period Prior
5-Jul Factory Orders MAY -1.2%
6-Jul ISM Non-Manf. Composite JUN 54.6
7-Jul Initial Jobless Claims 2-Jul 428K
7-Jul Continuing Claims 25-Jun 3702K
8-Jul ICSC Chain Store Sales JUN 5.4%
8-Jul Unemployment Rate JUN 9.1%
8-Jul Wholesale Inventories MAY 0.8%9-Jul Consumer Credit MAY $6.25B
Gold/Silver(Spot)
800
900
1000
1100
1200
1300
1400
1500
1600
1700
Jul-10 Aug-10 Sep-10 Nov-10 Dec-10 Jan-11 Mar-11 Apr-11 Jun-11
Gold($/OZ)
10
15
20
25
30
35
40
45
50
55
Silver($/OZ)
Silv er Go ld
CrudeOil
60
70
80
90
100
110
120
Ju l- 10 A ug -1 0 S ep- 10 N ov -1 0 D ec -1 0 J an -1 1 Ma r-1 1 A pr -1 1 J un -1 1
Price
(USD)
300
310
320
330
340
350
360
370
380
390
400
(Million
Barre
ls)
Inven
tory
I nv ento ry C rudeOil
Currencies
1.1
1.15
1.2
1.25
1.3
1.35
1.4
1.45
1.5
1.55
Ju l- 10 A ug -10 Sep -10 N ov-10 D ec-10 J an -11 M ar-11 A pr-11 J un -11
USD
/EU
R
1.4
1.45
1.5
1.55
1.6
1.65
1.7
1.75
1.8
USD
/G
BP
USD/EUR USD/GBP
Currencies
0.0095
0.01
0.0105
0.011
0.0115
0.012
0.0125
0.013
Ju l- 10 A ug -10 Sep -10 N ov-10 D ec-10 J an -11 M ar-11 A pr-11 J un -11
USD/JPY
0.7
0.75
0.8
0.85
0.9
0.95
1
1.05
1.1
1.15
USD
/AUD
U SD /J PY U SD / A UD
-
8/6/2019 110702 - Weekly
5/18
Saturday, July 02, 2011
5Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Global and Domestic Stock Markets
Global
Global markets surged higher on positive economic data and lower commodity
prices. The S&P 500, Dow Jones, Nasdaq all ended higher more than 5% during
the week. European markets also traded higher. Asian markets also gained in
line with the global peers. Emerging markets saw foreign inflows during the
week. Hangseng gained 1.0%, while Nikkei gained 2.0% in the week. In the
commodities market, NYMEX Crude traded higher around $94 levels and Gold
traded lower near $1486 levels. On the economic front, according to data from
the Institute for Supply Management the pace of growth in manufacturing
picked up with an index of national factory activity rising to 55.3 in June from
53.5 in May. US Data to watch next week: Factory Orders, Initial Jobless Claims,
Unemployment Rate, Consumer Credit, Wholesale Inventories.
Domestic Performance of Sectoral Indices
Indian markets ended positive on strong FII buying in the last week of June.
Nifty and Sensex gained 2.9% each. BSE Midcap and Smallcap ended 3.4% and
3.8% respectively. Among the BSE sectoral indices Metals (+3.9%), Bankex
(+3.7%), IT (+2.6%), Auto (+2.6%) gained, while Oil&Gas (-0.05%) ended marginally
negative. On the BSE100 index, Asian Paints, Indiabulls gained while ZEEL,
Union Bank lost during the week. DIIs were net sellers while FIIs were net
buyers in the cash market. Data to watch next week: Food Articles WPI YoY,
Fuel Power Light WPI YoY, Primary Articles WPI YoY.
Outlook
Indian markets gained heavily on strong FII buying in the last week. Short
covering by call sellers also helped Nifty to rise sharply. Food inflation also fell
as compared to last week which helped investors to put money in equity markets.
Silver fell below the crucial level of 50000 in July contract. Reliance fell on news
that the Comptroller and Auditor General (CAG) raised issues related to the
development of Reliances D6 block in the Krishna Godavari basin causing
unquantified losses to the government. Reliance may feel the pressure in the
coming week also. On the derivatives front, support levels are placed at 5400-
5300 and resistance is seen around 5700-5750. Midcap and Smallcap sectors
are likely to see upsides in the coming week.
Close% Change
(week)
Dow Jones 12,582.80 5.4%
NASDAQ 2,816.00 6.1%
S&P 500 1,339.70 5.6%
FTSE 5,989.80 5.1%
DAX 7,419.40 4.2%
Hang Seng 22,398.10 1.0%
Nikkei-225 9,868.10 2.0%
Indices Close% Change
(week)
BSE SENSEX 18,762.80 2.9%
NSE NIFTY 5,627.20 2.9%
BSE MIDCAP 6,901.70 3.4%
BSE SMALL CAP 8,224.40 3.8%
BSE AUTO 8,782.20 2.6%
BSE METALS 15,148.10 3.9%
BSE BANKEX 12,853.70 3.7%
BSE IT 6,148.00 2.6%
Asian Paints 3308.3 11.2%
IndiaBulls 169.4 9.9%
ZEEL 133.15 -2.7%
Union Ba nk 297.75 -2.7%
BSE 139.2
NSE CASH 603.0
NSE F&O 8460.3
Institutions Net Inflow
FII 51.2
DIIs -28.1
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)
-
8/6/2019 110702 - Weekly
6/18
.
Saturday, July 02, 2011
6Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Derivative Analysis
Top 5 Price Losers
Top 10 Volume Gainers
Top 5 Price Gainers
Market Snapshot
Nifty July Futures closed at 5638.40 (Premium of 11.2 over the Nifty spot)
Open interest Nifty FUTIDX (Expiry 28 July): 20.84 mn.
Open interest BankNifty FUTIDX (Expiry 28 July): 0.96 mn.
India VIX for the week ended at 18.21, down 1.11 from previous weeks
close (19.32). In the week VIX touched low of 17.79 and high of 20.37.
Weekly Open Interest Analysis (Nifty Option)
Across all expiries, open interest is highest at the 5600, 5500, 5700 call options,
while open interest in the put options is highest at 5300, 5000, 5200 strike
prices, suggesting 5300-5700 to be the trading zone for Nifty index in short
term.
Sector Wise OI Change:
Due to expiry, decrease in OI was seen in sectoral indices.
Cash Future Cash Future
PUNJLLOYD 16.70% 16.86% 19.31% -25.92% -23.54%
BATAI NDI A 15.53% 15.29% 50.11% 179.19% 5.07%
PANTALOONR 14.22% 14.71% 133.96% 92.79% -3.32%
KSOILS 14.36% 14.55% -2.07% -1.14% -14.41%
RENUKA 13.32% 13.11% 66.72% 15.75% -16.83%
SCRIPS % Change - Price %Change - Volume % Change
in OI
Cash Future Cash Future
GTL -11.48% -11.09% 1.59% 2.10% -16.55%
PETRONET -5.59% -4.73% -22.43% -32.25% 3.35%
SUNTV -1.18% -4.06% -48.88% -0.44% -45.09%
ZEEL -2.74% -3.44% -38.57% 79.76% -62.31%
BHUSANSTL -4.87% -3.34% -49.01% -52.17% -29.57%
SCRIPS % Change - Price %Change - Volume % Change
in OI
% Change Volumes
Price Open Interest (Delivery Based)
VIDEOIND 7.64% -50.03% 1215.57%
CAIRN 5.11% -5.04% 699.49%
COLPAL 9.24% 18.02% 525.29%
TRIVENI 0.92% 82.91% 439.54%
SRTRANSFIN 9.23% -6.12% 356.34%
TATAGLOBAL 6.48% 16.16% 343.20%
BAJAJHLDNG -2.26% 2.79% 310.50%ABAN 0.05% -13.37% 300.55%
RELMEDIA 7.33% 4.49% 270.38%
BOMDYEING 4.62% 31.81% 265.10%
SCRIPS % Change in F&O
OIAnalysis
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
5000
5100
5200
5300
5400
5500
5600
5700
5800
5900
6000
Strike
OI
CallOption
PutOption
-400%
-350%
-300%
-250%
-200%
-150%
-100%
-50%
0%
50%
100%
150%
Power
Bank
Realty
Oil&Gas
Metal&Mining
Auto
Pharma
IT
CapitalGoods
Cement
Sectors
%ChangeinOI
NiftyPCRatio
0.7
0.8
0.9
1
1.1
1.2
1.3
27-Jun
28-Jun
29-Jun
30-Jun
1-Jul
Date
PCR
-
8/6/2019 110702 - Weekly
7/18
Saturday, July 02, 2011
7Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Technical Analysis
Source: Iris)
Conclusion
Last week Nifty shut on a positive note @ 5627.20 and up by 156 points from the previous week's close. Technically Nifty on weekly chart
has formed bullish candle stick pattern, which shows sideways to positive sentiment in coming sessions. Nifty spot on weekly has openedat 5441 and made a low of 5434 and made a high of 5705.80 then finally closed positive at 5627.20. Stochastics and the RSI are slightly
oversold signaling that buying pressure at support levels are possible short-term. The close above the 65 day moving average (5593)
ndicates the short term trend could be turning sideways to positive. Stochastics trending lower at midrange will tend to reinforce a move
higher especially if support levels are taken out. The market setup is somewhat sideways to positive trend with trading range between
5450-5850. The next area of resistance is around 5800-5900. So Nifty appears to be sideways trading on weekly chart having supports at
5510-5450 levels. For short term trading long positions, stop loss of 5500 is advisable.
Weekly Nifty has resistance at 5800-5900 and supports at 5510-5450.
Weekly Sensex has resistance at 19400-19600 and supports at 18375-18170.
Weekly Bank Nifty has resistance at 11725-11850 and supports at 11000-10850.
-
8/6/2019 110702 - Weekly
8/18
.
Saturday, July 02, 2011
8Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
LICHSGFIN
LTP 240
View: Positive
Oscillators Analysis: Stochastics and RSI are positive crossover and are in oversold territory on weekly chart reading, which indicate
positive sentiment in stock momentum with decent volume support.
Pattern Analysis: A clear cup and handle breakout pattern and support zone at 232-235, which indicates stock may upside till resistance
evel, is a confirmation of a trend in that direction.
Technical Analysis:
LICHSGFIN Ltd has bullish candle stick formation on weekly chart with good volume support. Stock has closed strong above at multiple
resistances at 235-240 levels. Weekly stocastics has shown positive crossover into oversold territory which will tend to support reversal
action if it occurs. The market tilt is bullish with the close above multiple resistance barriers at 235-240 on weekly chart basis. The next
area of resistance is around 269, while 1st support hits at 235 and below there at 230. It is also heading towards resistance zone at 269.00.
We recommended the stock at market and in the range of 232-235 with stop loss at 224 (closing basis) for a target of Rs. 269.
Weekly Recommendations
-
8/6/2019 110702 - Weekly
9/18
Saturday, July 02, 2011
9Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Power Finance Corporation
LTP 191.85
View: Positive
Oscillators Analysis: Stochastics and RSI are highly over sold territory and positive crossover from lower levels on weekly chart reading,
which indicates positive sentiment in stock momentum.Pattern Analysis: A clear bullish engulfing pattern and price breakout at 185.00, which indicates stock upside, is a confirmation of a trend
n that direction with volume support.
Technical Analysis:
On daily chart PFC has been trading above medium term moving average (20 DMA) at 188 levels, which indicates positive sentiment in
short term trading and strong buying pressure above support zone around Rs.185-188, we expect the momentum to continue till
Fibonacci 23.60% retracement resistance at 219 on the upside targets. And any genuine correction should see in stock price around
supports at 188, which should be used as a buying opportunity for the potential target 219.00.
We recommended the stock at market and in the range 185-188, with stop loss below at 175(on closing basis) for a target of Rs. 219.00.
-
8/6/2019 110702 - Weekly
10/18
.
Saturday, July 02, 2011
10Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
-7- Sector & Company Highlights
Automobiles & Auto Ancillaries
Tata Motors small wonder car Nano has been launched in the Himalayan kingdom of Nepal. The car will be on sale across Nepal
through the companys authorised distributor Sipradi Trading and those authorised by it. The introductory price of the Nano in Nepal
is 7.98 lakh Nepalese rupee (NPR).
Banking
The government said that foreign investors, other than FIIs, would be allowed to invest up to $10 billion in domestic mutual funds, a
move that will help in moderating volatility in the capital market. This class of investors called Qualified Foreign Investors (QFIs), but
not Foreign Institutional Investors (FIIs), can invest money into domestic mutual funds through Unit Confirmation Receipts (DPs) or
Depository Participant route.
IndusInd Bank plans to open about 400 branches over a period of three years to expand its presence in the country. Currently it has 310
branches and plan to take the network to 700 by March 2014. The bank would be adding over 100 branches during the current fiscal. The
bank is expecting credit growth of about 25% and deposit growth in the same range.
Capital Goods & Infrastructure
HCC, in a JV with Alstom Hydro (France), has secured Tehri pumped storage project order worth INR 18.43 bn. HCCs share is worth
INR 7.01 bn and the project is to be executed within a period of 54 calendar months.
Punj Lloyd Group has received a letter of award from GSPC for a submarine pipeline project in an exploration block on the east coast
of India. The contract is worth INR 8.26 bn, and is scheduled to be completed by April 2013.
Chemicals
Gujarat Alkalies & Chemicals Limited , commissioned its third phase 14,000 tonne per annum hydrogen peroxide expansion project at
Dahej in South Guajrat. With this new capacity, GACLs total capacity has reached 39,000 tons per annum. Sodium chlorate is mainly
used for bleaching in paper and pulp industries. The company is currently in the process of setting up a project to manufacture 20,000
tonne per annum of sodium chlorate crystals. The project is scheduled to be commissioned in June 2013. Strong capacity expansion
would drive GACLs growth going forward.
Consumer Durables
Jyothy Laboratories Ltd. has acquired a 3.29% stake in Henkel India, increasing its total shareholding in the company to 69%. The firm
will also seek shareholder approval to increase the limit on making investments or providing loans to different group firms to INR 10bn.
Healthcare
ApolloHospitals has planned investment of Rs. 100 crores on health park in Andhra Pradesh. The 200-bed multi speciality hospital and
a nursing college project would be spread over 86 acres and is expected to become operational in 3 years. Positive development for
the company.
-
8/6/2019 110702 - Weekly
11/18
-
8/6/2019 110702 - Weekly
12/18
.
Saturday, July 02, 2011
12Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Mutual Fund Insights
Scheme Update
Birla Sun Life Mutual Fund has announced that Shaktie Praksh, Fund Manager
has resigned from the services of Birla Sun Life Asset Management Company
(BSLAMC) and shall cease to be key personnel of BSLAMC, with effect from 1
July 2011.
Mutual Funds made investments worth Rs 767.50 crore and sold off Rs 633.00
crore worth of equities on June 29, 2011, according to data released by the
Securities and Exchange Board of India (SEBI). Thus, MFs stood as net buyers of
Rs 134.60 crore in equities on that day.
Kotak Mutual Fund has decided to revise the exit load structure under Kotak
Credit Opportunities Fund under open ended debt schem, 1 per cent will be
charged if the units are redeemed out within 180 days from the date of allotment
will be effective from 4th July 2011.
IDFC Mutual Fund has decided to revise the exit load structure under IDFC
Ultra Short Term Fund. As per the revised structure an exit load structure of 1
per cent will be charged if the units are redeemed out within 89 days from the
date of allotment will be effective from 27th June 2011.
Source: Accord Fintech
Source: Accord Fintech
Weekly Activity
-2 0 2 4 6 8 10
27-Jun
28-Jun
29-Jun
MFTradingActivity(InBillions)
Debt Equity
-15 -10 -5 0 5 10 15 20
27-Jun
28-Jun
29-Jun
30-Jun
FIITradingActivity(InBillions)
Debt Equity
Purchase Sales Net Purchase /Sales Purchase Sales Net Purchase /Sales
Mutual Fund Activity
29-Jun-11 7.68 6.33 1.35 40.94 32.32 8.62
28-Jun-11 6.58 5.51 1.07 43.76 43.66 0.10
27-Jun-11 5.71 6.54 -0.83 33.77 32.27 1.50
24-Jun-11 7.00 6.42 0.58 61.26 26.76 34.50
FII Activity
30-Jun-11 31.07 23.36 7.72 8.71 19.46 -10.76
29-Jun-11 29.13 18.97 10.16 2.63 7.27 -4.65
28-Jun-11 38.88 20.97 17.91 20.51 14.40 6.12
27-Jun-11 36.83 26.61 10.22 14.00 8.94 5.06
24-Jun-11 21.56 16.72 4.84 7.63 5.83 1.79
DateEquity (INR in Bn) Debt (INR in Bn)
-
8/6/2019 110702 - Weekly
13/18
Saturday, July 02, 2011
13Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
New Fund Offers
Fund Opens Closes Structure Fund Manager Investment Objective Benchmark
DSPBR FMP-2-
3M(G)22-J un 27-J un
Close
ended
Mr. Mrinal Singh /
Mr. Chaitanya
Pande
To generate returns and capital appreciationby 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
HDFC FMP-XVIII-
370D-June 2011(4)-
(G)
23-J un 27-J unClose
ended
Mr. Bharat Pare ek
/ Mr. Miten Lathia
To generate income through investments in
De bt / Mone y Marke t I nstrume nts and
Gove rnme nt Se curitie s ma turing on or
before the maturity date of the respective
Plan(s).
Crisil Short-Term
Bond Fund Index
Religare FMP-VIII-E-
371D(G)24-J un 27-J un
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 Scheme.
Crisil Short-Term
Bond Fund Index
Principal Pnb FMP-
3(G)14-J un 27-J un
Close
endedMr. Shobit Gupta
To build an income oriented portfolio and
generate returns through investment in
De bt/Mone y Marke t I nstrume nts and
Government Securities .
Crisil Short-Term
Bond Fund Index
SBI DFS-90D-45(G) 24-J un 27-J unClose
ended
Mr. Rajeev
Radhakrishnan
To provide regular income, liquidity and
returns to the investors through
investments in a portfolio comprising of debtinstruments such as Government Securities,
PSU & Corporate Bonds and Money Market
Ins trume nts maturing on or be fore the
maturity of the s cheme .
Crisil Liquid Fund
Index
JPMorgan India
FMP-3(G)23-J un 27-J un
Close
ended
Mr. Nandkumar
Surti / Mr.
Namdev
Chougule
To generate income through investments in
Debt / money market instruments and GoI
Securities maturing on or before the
maturity date of the relevant Scheme.
Crisil Short-Term
Bond Fund Index
LIC Nomura MF
FMP 46-3M(G) 23-J un 28-J unClose
ended
Mr. Y. D.
Prasanna
To minimize interest rate risk by investing in
a portfolio of fixed income securities which
mature on or before the date of the maturity
of the s cheme.
Crisil Liquid Fund
Index
HDFC FMP-XVIII-
92D-June 2011(3)-(G)23-J un 28-J un
Close
ended
Mr. Bharat Pare ek
/ Mr. Miten Lathia
To generate income through investments in
De bt / Mone y Marke t I nstrume nts and
Gove rnme nt Se curitie s ma turing on or
before the maturity date of the respective
Plan(s).
Crisil Short-Term
Bond Fund Index
DSPBR FMP 12M-24
(G)21-J un 28-J un
Close
endedMr. Dhawal Dalal
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 Schemes.
Crisil Short-Term
Bond Fund Index
-
8/6/2019 110702 - Weekly
14/18
.
Saturday, July 02, 2011
14Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Fund Opens Closes Structure Fund Manager Investment Objective Benchmark
Kotak FMP 52(G) 24-Jun 28-JunClose
ended
Mr. Dee pak
Agrawal / Mr.
Abhishe k Bisen
To generate returns through investments in
debt and money market instruments with aview to significantly reduce the interest rate
risk. The scheme will invest in debt and
money market se curities , maturing on or
before maturity of the scheme.
Crisil Short-Term
Bond Fund Index
ICICI Pru CPO-III-
36M(G)1-Jul 15-Jul
Close
ended
Ms. Mrinal Singh,
Mr.Chaitanya
Pande
To seek to protect capital appreciation by
investing the balance in equity and equity
related securities. The securities would
mature on or before the maturity of the Plan
under the scheme .
Crisil MIP
Blended Index
UTI FTIF-IX-
VI(368D)-(G)20-Jun 4-Jul
Close
ended
Mr. Manish J oshi,
Mr. Amandeep
Singh Chopra
To generate returns by investing in a
portfolio of fixed income securities maturing
on or before the date of maturity of the
scheme. However, the scheme does not
guarantee / indicate any return. There is no
assurance that the funds objective will be
achieved.
Crisil Short-Term
Bond Fund Index
Tata FMP-32(G) 27-Jun 11-Jul
Close
ended
Mr.Murthy
Nagarajan
To generate income and / or capital
apprec iation by investing in widera nge of
Debt and Money Market instruments having
maturity in line with the maturity of thescheme. The maturityof all investments
shall be equal to or les s than the maturity of
respective scheme.
Crisil Short-Term
Bond Fund Index
Tata FTF-2-A(G) 27-Jun 11-JulClose
ended
Mr. Murthy
Nagarajan, Mr.
Bhupinder Se thi
To generate income and / or capital
apprec iation by inves ting predominantly in
wide range of Debt and Money Market
instruments that are maturing on or before
the maturity of the respective scheme. To
attain capital apprec iation, the sche me will
invest s mall portion in equity/ e quity related
instruments.
Crisil MIP
Blended Index
Tata FMP-36-B(G) 30-Jun 4-JulClose
ended
Mr. Murthy
Nagarajan
To generate income and / or capital
apprec iation by investing in widera nge of
Debt and Money Market instruments having
maturity in line with the maturity of the
respective schemes.
Crisil Liquid Fund
Index
Reliance FHF-XIX-
21(G)27-Jun 11-Jul
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 Scheme .
Crisil Short-Term
Bond Fund Index
-
8/6/2019 110702 - Weekly
15/18
Saturday, July 02, 2011
15Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Source: Accord Fintech
Fund Opens Closes Structure Fund Manager Investment Objective Benchmark
Religare FMP-VIII-
C-370D(G)20-Jun 4-Jul
Close
endedMr. Dhawal Dalal
To seek capital appreciation by investing in
a portfolio of debtand money marketse curities . It is e nvisage d that the Scheme s
will invest only in securities which mature on
orbefore the date of maturity of the
Schemes. The Schemes may also use fixed
income derivatives for hedging andportfolio
balancing. There is no assurance that the
inves tment objective of the Scheme s will be
realized.
Crisil Short-Term
Bond Fund Index
Religare FMP-VIII-E-
371D(G) 24-Jun 8-Jul
Close
ended Mr. 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 Scheme.
Crisil Short-Term
Bond Fund Index
ICICI Pru FMP-57-
1Y-C(G)30-Jun 6-Jul
Close
ended
Mr. Chaitanya
Pande
To generate regular returns by investing in
a portfolio of fixed income se curities/debt
instruments maturing on or before the
maturity of the Plan under the Scheme .
Crisil Short-Term
Bond Fund Index
HDFC FMP-XVIII-
92D-July 2011(1)-(G)1-Jul 5-Jul
Close
ended
Mr. Bharat
Pareek, Mr.
Miten Lathia
To generate income through investments in
Debt / Money Market Instruments and
Government Securities maturing on or
before the maturity date of the respective
Plan(s).
Crisil Short-Term
Bond Fund Index
HDFC FMP-XVIII-
370D-July 2011(1)-
(G)
1-Jul 6-JulClose
ended
Mr. Bharat
Pareek, Mr.
Miten Lathia
To generate income through investments in
Debt / Money Market Instruments and
Government Securities maturing on or
before the maturity date of the respective
Plan(s).
Crisil Short-Term
Bond Fund Index
L&T FMP-IV
(June367D)-A(G)29-Jun 11-Jul
Close
ended
Mr. Richa
Sharma, Mr.
Hareshwar
Karekar
The Investment objective is to achieve
growth of capital through investments made
in a basket of debt/ fixed income securities
maturing on or before the maturity of the
Scheme.
Crisil Short-Term
Bond Fund Index
BNP Paribas FTF-22-
B(G)27-Jun 11-Jul
Close
endedMr. Alok Singh
The investment objective is to achieve
growth of capital through investments made
in a basket of fixed income securities
maturing on or before the maturity of the
scheme.
Crisil Short-Term
Bond Fund Index
-
8/6/2019 110702 - Weekly
16/18
.
Saturday, July 02, 2011
16Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Source: Accord Fintech
NAV CAGR (In %)
Scheme Name (02 Jul 11) 1 Week 1 Month 1 Year Since Inception
ICICI Pru Dynamic(G) 107.84 2.35 -0.36 9.21 31.55 0.64 0.01 1.82
Fidelity Equity(G) 35.65 2.64 0.51 8.05 23.05 0.80 0.00 1.84
ICICI Pru Discovery(G) 48.64 2.64 -1.66 7.11 25.86 0.67 0.00 1.91
Franklin India Bluechip(G) 216.29 2.24 0.59 10.90 25.17 0.78 0.01 1.83
Principal Large Cap(G) 28.40 2.86 -0.18 4.07 20.34 0.83 -0.01 2.28
DSPBR Top 100 Equity-Reg(G) 101.80 3.07 0.88 8.88 32.19 0.80 0.01 1.85
Birla SL MIP(G) 26.86 0.93 1.02 6.14 9.76 0.12 0.00 2.09
ICICI Pru Child Care Plan-Study Plan 30.01 1.08 1.19 8.58 11.82 0.11 0.01 1.50Tata MIP Plus(G) 16.21 1.35 1.58 3.74 6.86 0.29 0.00 2.00
Birla SL '95(G) 314.50 1.87 1.21 8.91 23.44 0.32 0.02 2.31
DSPBR Balanced(G) 66.62 2.57 0.45 6.83 16.96 0.37 0.01 2.09
Tata Balanced(G) 84.19 2.05 1.18 7.11 16.73 0.53 0.02 2.34
Category: Largecap
Category: Monthly Income Plans
Weekly Recommendations (Equity & Hybrid)
Absolute Return (In %)BETA ALPHA
Expense
Ratio
Category: Balanced Funds
Weekly Recommendations (Debt)
NAV CAGR (In %)
Scheme Name (02 Jul 11) 1 Week 1 Month 1 Year Since Inception
Category: Floating Rate
Birla SL FRF-LT(G) 17.21 0.26 0.85 7.67 6.96 10.02 21.90 21.90 0.14
Reliance FRF ST(G) 16.03 0.21 0.83 7.03 5.97 0.00 178.85 164.25 0.80
LICMF FRF-STP(G) 16.30 0.11 0.57 6.39 6.96 0.00 24.60 23.40 0.61
Category: Income - Long term
Birla SL Dynamic Bond-Ret(G) 16.73 0.38 1.32 6.32 7.93 10.25 547.50 529.25 0.79
ICICI Pru Income-Reg(G) 31.38 0.11 0.85 3.30 9.21 9.68 1248.30 872.35 2.11
DSPBR Govt. Se c(G) 33.30 -0.10 0.71 1.70 10.78 0.00 1642.50 1076.75 1.25
Category: Income - Short term
Kotak Bond-STP(G) 18.90 0.22 0.98 4.63 7.19 9.80 211.70 193.45 0.89
Templeton I ndia ST Income(G) 2002.09 0.31 1.11 6.59 7.65 10.74 445.30 357.70 1.30
UTI ST Income (G) 17.13 0.21 1.20 7.46 6.95 0.00 635.10 0.00 0.59
Category:Ultra Short Term Fund
Templeton I ndia Ultra-ST-Ret(G) 12.78 0.18 0.73 7.66 7.18 8.81 29.20 29.20 0.65
Kotak Floater-ST(G) 16.39 0.17 0.74 7.55 6.40 9.10 25.55 25.55 0.57
Tata Floater(G) 14.99 0.18 0.76 7.83 7.21 8.94 53.10 0.00 0.25
Category: Liquid
Templeton India TMA-Reg(G) 2453.79 0.19 0.70 7.13 7.05 8.73 36.50 32.85 0.85
SBI Magnum InstaCash-Cash(G) 22.23 0.17 0.70 7.44 6.81 8.16 18.25 18.25 0.35Tata Liquid-RIP(G) 2288.53 0.16 0.68 7.09 6.66 8.80 25.20 0.00 0.65
Expense
RatioYTM
Average
Maturity In
Modified
Duration in
Absolute Return (In %)
-
8/6/2019 110702 - Weekly
17/18
Saturday, July 02, 2011
17Wealth Research, Unicon Financial Intermediaries Pvt. Ltd.Email: [email protected]
Dividend Declaration
Scheme Name Category Record Date Gross Corporate Non-Corporate
AIG India Liquid-Inst(DD) Debt 3-Jul-11 0.02 0.02 0.02
AIG India Liquid-Inst(DD) Debt 2-Jul-11 0.02 0.02 0.02
AIG India Liquid-Ret(DD) Debt 3-Jul-11 0.02 0.02 0.02
AIG India Liquid-Ret(DD) Debt 2-Jul-11 0.02 0.02 0.02
AIG India Liquid-SIP(DD) Debt 3-Jul-11 0.02 0.02 0.02
AIG India Liquid-SIP(DD) Debt 2-Jul-11 0.02 0.02 0.02
Edelweiss EDGE Top 100-A(D) Equity 5-Jul-11 10.00 10.00 10.00
Edelweiss EDGE Top 100-C(D) Equity 5-Jul-11 10.00 10.00 10.00
Escorts High Yield Eq(QD) Equity 7-Jul-11 4.00 4.00 4.00
Escorts Income Bond(D) Debt 7-Jul-11 1.00 1.00 1.00
Escorts Income Plan(MD) Debt 7-Jul-11 0.70 0.70 0.70
Escorts ST Debt(D) Debt 7-Jul-11 1.25 1.25 1.25
IDFC Cash-C(D) Debt 5-Jul-11 0.14 0.14 0.14
Reliance Inv-Qrtly-I-Inst(D) Debt 4-Jul-11 1.91 1.91 1.91
Reliance Inv-Qrtly-I-Ret(D) Debt 4-Jul-11 1.86 1.86 1.86
-
8/6/2019 110702 - Weekly
18/18
Saturday, July 02, 2011
Disclaimer
This document has been issued by Unicon Financial Intermediaries Pvt Ltd. (UNICON) for the information of its customers only. UNICON is governed
by the Securities and Exchange Board of India. This document is not for public distribution and has been furnished to you solely for your information and
must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these
restrictions. The information and opinions contained herein have been compiled or arrived at based upon information obtained in good faith from public
sources believed to be reliable. Such information has not been independently verified and no guarantee, representation or warranty, express or implied is
made as to its accuracy, completeness or correctness. All such information and opinions are subject to change without notice. This document has been
produced independently of any company or companies mentioned herein, and forward looking statements; opinions and expectations contained herein
are subject to change without notice. This document is for information purposes only and is provided on an as is basis. Descriptions of any company
or companies or their securities mentioned herein are not intended to be complete and this document is not, and should not be construed as an offer, or
solicitation of an offer, to buy or sell or subscribe to any securities or other financial instruments. We are not soliciting any action based on this document.
UNICON, its associate and group companies its directors or employees do not take any responsibility, financial or otherwise, of the losses or the damages
sustained due to the investments made or any action taken on basis of this document, including but not restricted to, fluctuation in the prices of the shares
and bonds, reduction in the dividend or income, etc. This document is not directed to or intended for display, downloading, printing, reproducing or for
distribution to or use by any person or entity who is a citizen or resident or located in any locality, state, country or other jurisdiction where such
distribution, publication, reproduction, availability or use would be contrary to law or regulation or would subject UNICON or its associates or groupcompanies to any registration or licensing requirement within such jurisdiction. If this document is inadvertently sent or has reached any individual in such
country, the same may be ignored and brought to the attention of the sender. This document may not be reproduced, distributed or published for any
purpose without prior written approval of UNICON. This document is for the general information and does not take into account the particular investment
objectives, financial situation or needs of any individual customer, and it does not constitute a personalized recommendation of any particular security or
nvestment strategy. Before acting on any advice or recommendation in this document, a customer should consider whether it is suitable given the
customers particular circumstances and, if necessary, seek professional advice. Certain transactions, including those involving futures, options, and high
yield securities, give rise to substantial risk and are not suitable for all investors. UNICON, its associates or group companies do not represent or endorse
he accuracy or reliability of any of the information or content of the document and reliance upon it is at your own risk.
UNICON, its associates or group companies, expressly disclaims any and all warranties, express or implied, including without limitation warranties ofmerchantability and fitness for a particular purpose with respect to the document and any information in it. UNICON, its associates or group companies,shall not be liable for any direct, indirect, incidental, punitive or consequential damages of any kind with respect to the document. No part of thispublication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying,
recording, or otherwise, without the prior written permission of Unicon Financial Intermediaries Pvt Ltd.
Address:Wealth ManagementUnicon Financial Intermediaries Pvt. Ltd.3rd Floor, VILCO Center, Opp Garware House,8, Subhash Road, Vile Parle (East), Mumbai - 400057.Ph: 022-33901234Email: [email protected] us at www.unicon.in