march 2012 to may 2012. - idbi bank · an analysis of the two sip scenarios (table 3) clearly...

March 2012 to May 2012.

Dear Investor, IDBI Bank, through its comprehensive bouquet of financial products and services, continuously endeavours to serve you as per your financial goals and requirements. The bank is committed towards providing you with appropriate investment suggestions and educational inputs on all possible tenets of savings and investments. As we step into the second half of 2012, it is important to reminisce on the period gone by and strengthen the financial commitments for the period ahead. The equity market – the barometer for financial markets started the year with the bang surging over 16% in the first two months of the year. However, over past few months markets have been very volatile. The key reasons: bearish global trend in the form of rising sovereign debt crisis in Europe and slowing growth in US and China coupled with weak domestic cues of rising inflation, slower economic growth and the government’s inability to clear critical reforms. However, the cloud of economic environment is finally showing a silver lining. To contain the Eurozone debt crisis and stimulate growth, major central banks and governments across the globe are coming up with measures which have helped soothe frayed sentiments. On home turf too, our PM and his team has showed the conviction to hasten reforms which will bring back the domestic economy on growth path. Given the ongoing volatility, through the enclosed edition of ‘Quarterly Fund Reckoner’ we detail an article piece on must-have five investment strategies for all retail investors. We hope this issue will give you an insight into the financial environment and aid you in making financial decisions. In case of any personal requirements, our well trained and qualified Relationship Managers at branches will cater to all your financial requirements. We have appropriate tools to ascertain your investment risk profile and a gamut of financial products to suit your risk profile and financial goals. We are proud to have you as a part of our family and we sincerely hope that our relationship will continuously head towards newer horizons. We would be privileged to receive your valuable feedback on our products and services. Your feedback would ensure that we are always in sync with the objectives of serving you in more ways than just banking. For any assistance, pertaining to our value offerings, please contact your Relationship Manager or visit your nearest IDBI Bank Branch.

Regards, R.K. Bansal Executive Director IDBI Bank Ltd.

Table of Contents

Five investment strategies for uncertain times .......................................................................................... 1

Performance Report ...................................................................................................................................... 4

Diversified Equity Funds ............................................................................................................................................. 4 Large Cap Equity Funds ............................................................................................................................................. 5 Mid & SmallCap Equity Funds .................................................................................................................................... 5 Equity-linked Saving (ELSS) ....................................................................................................................................... 6 Infrastructure Funds ................................................................................................................................................... 6 Thematic Funds .......................................................................................................................................................... 7 Index Funds ................................................................................................................................................................ 7 International Funds ..................................................................................................................................................... 8 Balanced Funds.......................................................................................................................................................... 9 MIP-Aggressive Funds ............................................................................................................................................... 9 MIP-Conservative Funds .......................................................................................................................................... 10 Debt-Long Term Funds ............................................................................................................................................. 10 Gilt Funds ................................................................................................................................................................. 11 Debt-Short Term Funds ............................................................................................................................................ 12 Floating Rate Funds ................................................................................................................................................. 13 Liquid Funds ............................................................................................................................................................. 13 Ultra Short Term Debt Funds .................................................................................................................................... 14 Arbitrage Funds ........................................................................................................................................................ 14 Capital-Protection Funds .......................................................................................................................................... 15 Fund of Funds .......................................................................................................................................................... 16

Portfolio Analysis – Equity ......................................................................................................................... 17

Diversified Equity Funds ........................................................................................................................................... 17 Large Cap Equity Funds ........................................................................................................................................... 17 Mid Cap Equity Funds .............................................................................................................................................. 18 Equity Linked Savings Plans ..................................................................................................................................... 19 Infrastructure ............................................................................................................................................................ 19 Thematic Funds ........................................................................................................................................................ 19 Index Funds .............................................................................................................................................................. 20 International Equity Funds ........................................................................................................................................ 21 Balanced Funds........................................................................................................................................................ 21 Arbitrage .................................................................................................................................................................. 22

Portfolio Analysis - Debt ............................................................................................................................. 23

Capital Protected ...................................................................................................................................................... 23 Monthly Income Plans - Aggressive .......................................................................................................................... 23 Monthly Income Plans - Conservative ....................................................................................................................... 24 Debt-Long Term ....................................................................................................................................................... 24 Gilt ............................................................................................................................................................................ 24 Debt Short Term ....................................................................................................................................................... 25 Floating Rate ............................................................................................................................................................ 26 Liquid Funds ............................................................................................................................................................. 26 Ultra ShortTerm ........................................................................................................................................................ 26

Fact Sheets .................................................................................................................................................. 28

Reliance Equity Opportunities Fund - Growth ........................................................................................................... 29 UTI Equity Fund - Growth ......................................................................................................................................... 30

ICICI Prudential Dynamic Plan - Growth ................................................................................................................... 31 Canara Robeco Equity Diversified - Growth .............................................................................................................. 32 HDFC Equity Fund - Growth ..................................................................................................................................... 33 UTI Dividend Yield Fund - Growth ............................................................................................................................ 34 DSP BlackRock Equity Fund - Growth ...................................................................................................................... 35 IDBI India Top 100 Equity Fund - Growth.................................................................................................................. 36 ICICI Prudential Focused Bluechip Equity Fund - Growth ......................................................................................... 37 Fidelity Equity Fund - Growth .................................................................................................................................... 38 UTI Opportunities Fund - Growth .............................................................................................................................. 39 Fidelity India Growth Fund - Growth.......................................................................................................................... 40 HDFC Top 200 Fund - Growth .................................................................................................................................. 41 Franklin India Bluechip Fund - Growth ...................................................................................................................... 42 IDFC Premier Equity Fund - Plan A - Growth ............................................................................................................ 43 ICICI Prudential Discovery Fund - Growth ................................................................................................................ 44 SBI Magnum Sector Umbrella - Emerging Business Fund - Growth .......................................................................... 45 Birla Sun Life Dividend Yield Plus - Growth .............................................................................................................. 46 ICICI Prudential Infrastructure Fund - Growth ........................................................................................................... 47 DSP BlackRock India T.I.G.E.R. Fund - Growth ........................................................................................................ 48 Franklin Taxshield Fund - Growth ............................................................................................................................. 49 Fidelity Tax Advantage Fund - Growth ...................................................................................................................... 50 Canara Robeco Equity Tax Saver - Growth .............................................................................................................. 51 HDFC Long Term Advantage Fund - Growth ............................................................................................................ 52 IDBI Nifty Index Fund - Growth ................................................................................................................................. 53 IDBI Nifty Junior Index Fund - Growth ....................................................................................................................... 54 HDFC Balanced Fund - Growth ................................................................................................................................ 55 HDFC Prudence Fund - Growth ................................................................................................................................ 56 HDFC Monthly Income Plan - LTP - Growth ............................................................................................................. 57 Reliance Monthly Income Plan - Growth ................................................................................................................... 58 IDBI Monthly Income Plan - Growth .......................................................................................................................... 59 Birla Sun Life MIP II - Savings 5 Plan - Growth ......................................................................................................... 60 Birla Sun Life Monthly Income - Growth .................................................................................................................... 61 Birla Sun Life Govt Securities Long Term Plan - Growth ........................................................................................... 62 UTI Bond Fund - Growth ........................................................................................................................................... 63 IDBI Dynamic Bond Fund - Growth ........................................................................................................................... 64 HDFC Short Term Opportunities Fund - Growth ....................................................................................................... 65 IDBI Short Term Bond Fund - Growth ....................................................................................................................... 66 UTI Liquid Cash Plan - Growth ................................................................................................................................. 67 IDBI Liquid Fund - Growth ........................................................................................................................................ 68 UTI Liquid Cash Plan - Institutional Plan - Growth .................................................................................................... 69 UTI Money Market Fund - Institutional - Growth ........................................................................................................ 70 Reliance Liquidity Fund - Growth .............................................................................................................................. 71 HDFC Liquid Fund - Premium Plus Plan - Growth .................................................................................................... 72 Birla Sun Life Floating Rate Fund - Long Term - Growth ........................................................................................... 73 IDBI Ultra Short Term Fund - Growth ........................................................................................................................ 74 HDFC Cash Management Fund - Treasury Advantage Plan - Wholesale Option - Growth ........................................ 75 ICICI Prudential Floating Rate Plan - Option D - Growth ........................................................................................... 76

Glossary ....................................................................................................................................................... 77

1

Five investment strategies for uncertain times

Market volatility is not only inevitable but unpredictable in nature too. Even among asset classes, equities are more volatile by nature than debt. Often, we find that investors exit equity markets when uncertainty rises and negative sentiment creeps in, while the opposite is true when markets are bullish. In other words, investors follow the equity market cycles with a lag, exhibiting a typical herd mentality (Chart 1). Chart 1 – Inflow / outflows from Equity Mutual Funds* during market upheavals (Herd Mentality) In hind sight, this strategy only results in a loss and in the aftermath, investors tend to fear the markets rather than learn from their mistake and adopt a long-term strategy. This is highlighted by the fact that the domestic equity markets represented by the benchmark S&P CNX Nifty have returned 17% annualized gains in the 10 year period ended June 29, 2012 despite declines of 52% and 25% in 2008 and 2011 respectively. In case of debt, most investors increase their fixed deposit (FD) investments when interest rates are rising to lock into higher returns. However, when interest rates fall, they find little 'interest' in the Fds. Thus investors must separate facts from myths and follow well-defined investment strategies for long term portfolio gains. Strategy No 1: Diversify across asset classes The first and foremost strategy is 'Don't put all your eggs in one basket'. Investors have to diversify their investments across different asset classes (equity, debt, gold) to reduce the risk associated with one asset class (See Table 1). All asset classes behave differently under different market situations, i.e., all do not rise and fall at the same time. For example, in 2008 when equity markets (S&P CNX Nifty) fell by 52%, gold prices (CRISIL Gold Index) rose by 27%. In 2011 when equity markets fell by 25%, gold rose by 32%. Thus an investor relying only on equities would have made greater losses in 2008 and 2011 vis-à-vis an investor who had held a portfolio of equity and gold. Thus diversification helps minimise losses. Table 1: Asset allocation based on risk profile

Percentage allocation to Portfolio

Asset Class Investment Horizon low risk appetite medium risk appetite high risk appetite

Equity Long Low Medium High

Gold Long Low Medium Medium

Debt Short to Medium High Medium Low

-1600

-1200

-800

-400

0

400

800

2000

2900

3800

4700

5600

6500

Mar-0

7Ju

n-07

Sep-

07De

c-07

Mar-0

8Ju

n-08

Sep-

08De

c-08

Mar-0

9Ju

n-09

Sep-

09De

c-09

Mar-1

0Ju

n-10

Sep-

10De

c-10

Mar-1

1Ju

n-11

Sep-

11De

c-11

Mar-1

2

Net F

lows

into

Equi

ty Fu

nds (

Rs B

n)

S&P C

NX N

ifty

Outflows indicate investor exit during market downfall

Steady inflows during market gains

2

Strategy No 2: Make disciplined long term Investments Investing through Systematic Investment Plans (SIP) is definitely a disciplined approach. However, investors do get swayed by different market cycles, i.e., SIPs are increased when the sentiment is good and are reduced or discontinued when sentiments are bad. This needs to change and investors must not get swayed by market cycles or time the markets. SIPs must continue irrespective of market cycles and investors should consider long-term investments of more than five years. SIPs work best when they go through multiple market cycles owing to the 'Rupee Cost Averaging' factor, i.e., buying more mutual fund units when the NAV is low and fewer units when the NAV is high. An analysis of the two SIP scenarios (Table 3) clearly supports the case for disciplined long term investments. Scenario 1 – A 10-year SIP of Rs 1,000 per month in a CRISIL Consistent Fund Rank 1 equity fund started in May 2002 but discontinued due to the market volatility of 2008 and the said proceeds invested in an FD @ 8% post 2008 would have returned 10% annualized returns over the 10-year period. Scenario 2 – The same SIP if unbroken and continued for the entire 10-year period would have returned more than double the returns at 23.69%. Table 2: SIP Scenario Analysis

SIP of Rs.1000 for 10 years started on May 1, 2002 Principal

Amount

Received

Annualised

Returns

Scenario 1: If SIP discontinued in 2008, amount redeemed and invested in FDs @

8% p.a. till April 30, 2012 80,000 2,07,821 10.01%

Scenario 2: If SIP is continued for the entire 10-year period and redeemed on April

30, 2012 1,20,000 4,20,291 23.69%

Strategy No 3: Gauge the interest rate cycle before investing in debt funds A common practice followed is to increase investment in FDs when interest rates rise. Many investors are, however, not aware of products like Fixed Maturity Plans (FMPs) offered by mutual funds which provide higher tax adjusted returns in a rising interest rate scenario vis-à-vis Fds. Investors also get stuck for safer modes of investments when interest rates fall. Gilt funds and long term income funds are the investments that can be followed when interest rates fall. This is because yields and bond prices move in opposite directions. So, gilt funds and long term income funds perform well when interest rates fall. For example, gilt funds gave 16.5% annualized returns from April 2000 to April 2004 following secular decline in yields. The returns were 61.30% (annualized) between August-December 2008 tracking the sharp correction in yields in 2008 following the global credit cum liquidity crisis. On the other hand, short maturity debt funds and liquid funds benefit, when interest rates rise. With the recent easing of RBI's monetary stance, these funds are expected to benefit the most. Strategy No 4: Look at gold as an investment not jewellery Gold has proven to be a safe-haven investment option not only because it is a hedge against inflation but also due to its low correlation with other asset classes such as equity and debt. Gold has also provided annualised returns of around 18% over the past 10 years vis-à-vis 17% by equity (S&P CNX Nifty). Investors now have the option of buying gold in dematerialised or paper form through mutual funds. However, in the short term, gold prices can be volatile owing to which investors need to invest in SIPs of more than five years or beyond. Investors can either look

3

at gold exchange traded funds (ETFs) or gold fund of funds for their investments. The percentage allocation to gold will depend on an investor's risk and return objectives. Strategy 5: Track performance via benchmarks and rebalance portfolio regularly It is crucial to regularly track the performance of investments across asset classes to assess the impact of the changing market dynamics on the investor's portfolio. The following three steps can help: 1. Benchmarking - Compare the performance of the underlying asset classes with the respective benchmark,

e.g. track the performance of equity investments with the S&P CNX Nifty or gold investments with the CRISIL Gold Index.

2. Rebalancing - In order to maintain the same asset allocation between asset classes one needs to invest more in an asset class with declining weights or sell an asset class with increasing weights. This helps investors to buy more when markets are low and book profits when markets are high.

3. Weed Out Non-Performers - To monitor the best performing mutual funds, investors can refer to the quarterly CRISIL Mutual Fund Rankings on www.crisil.com.

Conclusion Since volatility is a recurrent feature of the markets, it is best to stay calm and remain invested over a longer time frame. Rather than stay away from the market, it is crucial to keep pace with the changing market conditions and deal with uncertainty through the suggested five strategies. As Warren Buffet says, “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”

4

Performance Report

Diversified Equity Funds

P2P Returns (%) as of 31-May-2012 Risk Ratios Fund

Linear Ranks

Fund Cluster Ranks

Description Inception

Date

AUM (Rs Cr)

***

Change in AUM

NAV 3-Mths 6-Mths 1-Yr 5-Yrs* SI* Std Dev

Sharpe ratio

Reliance Equity Opportunities Fund 29-Mar-05 3340.12 5.73% 35.55 -1.33 11.63 -0.32 9.34 19.33 0.17 0.00 1 1 UTI Equity Fund 1-Aug-05 1942.34 4.56% 51.45 -5.99 3.86 -5.27 8.09 13.54 0.16 -0.37 2 1 ICICI Prudential Dynamic Plan 11-Nov-02 4118.77 3.94% 100.51 -6.14 7.10 -6.76 7.50 27.29 0.15 -0.39 3 1 Canara Robeco Equity Diversified 16-Sep-03 542.78 16.21% 52.43 -4.97 4.30 -4.46 9.51 20.95 0.14 -0.45 4 2 HDFC Equity Fund 23-Dec-94 9916.37 8.04% 242.22 -8.43 4.24 -13.21 8.46 20.47 0.18 -0.59 5 2 UTI Dividend Yield Fund 1-Jun-05 3599.89 4.29% 29.17 -9.01 -0.31 -8.82 10.66 16.45 0.15 -0.55 6 2 DSP BlackRock Equity Fund 7-Jun-07 2551.14 3.22% 14.93 -7.25 4.15 -9.36 NA 8.38 0.17 -0.58 7 2 HDFC Growth Fund 11-Sep-00 1261.95 2.74% 79.13 -8.24 3.21 -8.68 8.26 19.29 0.17 -0.47 8 2 Fidelity India Special Situations Fund 22-May-06 690.50 -0.73% 17.39 -4.10 7.72 -5.31 4.99 9.61 0.15 -0.52 9 3 Franklin India Prima Plus 29-Sep-94 1828.80 2.34% 205.99 -6.52 1.97 -6.95 6.33 18.66 0.16 -0.45 10 3 Tata Pure Equity Fund 8-May-98 575.66 1.58% 90.61 -5.07 3.84 -5.53 6.35 17.01 0.16 -0.75 11 3 Franklin India High Growth Companies Fund 26-Jul-07 578.28 0.58% 11.41 -5.00 6.14 -10.71 NA 2.76 0.18 -0.59 12 3 HDFC Long Term Equity Fund 10-Feb-06 585.93 -0.81% 14.56 -8.78 3.55 -11.84 4.31 6.13 0.17 -0.47 13 3 Tata Equity PE Fund 30-Jun-04 656.81 2.45% 41.83 -11.52 1.92 -11.52 7.09 19.62 0.17 -0.79 14 3 Templeton India Growth Fund 4-Sep-03 723.40 1.92% 101.16 -10.22 3.36 -14.07 6.55 20.13 0.18 -0.74 15 3 Franklin India Flexi Cap Fund 2-Mar-05 1771.37 1.87% 28.58 -9.14 0.71 -12.13 5.13 15.58 0.18 -0.63 16 3 SBI Magnum Multiplier Plus Scheme 1993 26-May-05 1092.45 5.04% 73.11 -5.70 5.64 -7.56 5.32 17.57 0.17 -0.63 17 3 Reliance Growth Fund 8-Oct-95 5843.49 1.88% 404.79 -6.55 4.67 -10.12 6.57 24.88 0.18 -0.84 18 4 DSP BlackRock Opportunities Fund 16-May-00 622.30 -2.01% 71.93 -9.60 -3.30 -15.84 3.94 17.79 0.16 -0.94 19 4 Reliance Regular Savings Fund - Equity 8-Jun-05 2891.02 2.95% 26.03 -6.54 3.95 -13.20 9.15 14.68 0.19 -0.92 20 4 Kotak Opportunities 10-Sep-04 805.45 0.85% 40.63 -7.74 1.45 -9.89 5.26 19.89 0.17 -0.75 21 4 Reliance Vision Fund 8-Oct-95 2226.23 1.90% 235.99 -6.64 7.54 -11.77 3.36 20.90 0.19 -0.77 22 4 SBI Magnum Sector Umbrella - Contra Fund 18-May-05 2702.94 4.11% 48.91 -5.21 5.80 -10.55 3.37 16.61 0.17 -0.91 23 5 Morgan Stanley Growth Fund 18-Feb-94 1248.54 0.05% 52.32 -6.27 1.72 -13.93 -0.26 11.26 0.18 -0.94 24 5 Birla Sun Life Equity Fund 15-Sep-98 749.95 0.97% 220.23 -7.21 2.25 -12.66 1.71 25.03 0.18 -0.99 25 5 Birla Sun Life Advantage Fund 14-Mar-95 299.44 2.92% 130.23 -9.99 -1.29 -15.01 -0.23 17.76 0.19 -0.91 N.A N.A Birla Sun Life Buy India Fund 25-Feb-00 35.09 -2.86% 36.79 -4.62 -0.08 -9.09 4.38 10.76 0.16 -0.54 N.A N.A Birla Sun Life India GenNext Fund 5-Aug-05 93.29 -2.06% 24.46 0.45 5.25 -0.16 7.02 14.00 0.16 0.05 N.A N.A Birla Sun Life India Opportunities Fund - Plan B 27-Dec-99 39.38 9.11% 48.03 -3.92 12.88 -8.72 -1.88 5.84 0.17 -0.76 N.A N.A Birla Sun Life Special Situations Fund 31-Jan-08 184.17 -1.72% 8.11 -9.45 -2.09 -15.05 NA -4.72 0.18 -1.04 N.A N.A Franklin India Opportunities Fund 21-Feb-00 332.09 0.59% 27.18 -8.83 -0.08 -11.84 -0.47 8.48 0.18 -0.88 N.A N.A HDFC Capital Builder Fund 1-Feb-94 480.85 1.10% 99.18 -5.83 4.37 -9.75 7.27 13.33 0.15 -0.60 N.A N.A HDFC Core and Satellite Fund 17-Sep-04 344.04 -1.05% 33.79 -8.67 -0.33 -15.17 5.11 17.11 0.15 -0.89 N.A N.A HDFC Premier MultiCap Fund 6-Apr-05 400.76 -1.69% 25.05 -9.36 -0.80 -14.02 4.87 13.69 0.15 -0.84 N.A N.A HSBC Unique Opportunities Fund 21-Mar-07 68.15 -0.42% 9.53 -7.09 3.24 -11.22 -3.75 -0.91 0.18 -0.86 N.A N.A ICICI Prudential Services Industries Fund 30-Nov-05 171.70 2.69% 15.50 -8.18 4.17 -9.04 -1.89 6.97 0.19 -0.55 N.A N.A IDFC Classic Equity Fund - Plan A 9-Aug-05 154.90 -3.35% 17.58 -6.18 0.76 -13.27 0.96 8.63 0.16 -1.07 N.A N.A IDFC India GDP Growth Fund 11-Mar-09 22.93 -2.17% 15.22 -8.23 0.77 -7.22 NA 13.92 0.19 -0.43 N.A N.A Kotak Contra 1-Aug-05 59.71 4.53% 19.57 -4.48 7.45 -3.94 4.88 9.76 0.17 -0.70 N.A N.A Kotak Select Focus Fund 11-Sep-09 382.22 -1.61% 10.56 -5.97 2.48 -8.72 NA 2.03 0.16 -0.62 N.A N.A Morgan Stanley A.C.E. Fund 3-Apr-08 295.99 -7.33% 12.66 -7.03 0.16 -12.86 NA 5.84 0.17 -0.85 N.A N.A Principal Dividend Yield Fund 18-Oct-04 105.03 9.86% 21.14 -7.04 6.98 -7.32 5.09 10.32 0.18 -0.61 N.A N.A Principal Growth Fund 25-Oct-00 200.78 7.21% 45.21 -5.75 6.40 -9.09 -2.87 13.88 0.18 -0.88 N.A N.A Principal Services Industries Fund 8-Mar-06 76.59 2.22% 11.84 -9.82 0.42 -15.67 -0.98 2.34 0.19 -0.94 N.A N.A SBI Magnum COMMA Fund 8-Aug-05 435.72 -2.65% 18.85 -14.12 -8.67 -22.40 2.33 9.75 0.17 -1.22 N.A N.A SBI Magnum MultiCap Fund 29-Sep-05 400.32 2.45% 15.35 -4.89 7.04 -10.96 -0.84 6.63 0.18 -0.80 N.A N.A SBI One India Fund 17-Jan-07 483.01 1.90% 9.86 -5.10 5.68 -7.07 -0.89 -0.26 0.16 -0.86 N.A N.A Sundaram Equity Multiplier Fund 6-Mar-07 170.96 -13.41% 11.91 -9.30 -2.06 -16.44 2.20 3.77 0.18 -0.80 N.A N.A Sundaram Growth Fund 20-Jan-03 160.70 3.24% 78.26 -10.49 -0.73 -14.02 1.97 21.51 0.18 -0.90 N.A N.A Sundaram Rural India Fund 15-May-06 160.84 -3.89% 13.56 -6.01 -2.82 -9.80 2.55 5.16 0.17 -0.44 N.A N.A Tata Contra Fund 21-Nov-05 92.96 3.28% 16.61 -7.43 3.88 -7.91 6.67 7.97 0.16 -0.37 N.A N.A Tata Equity Opportunities Fund - B Appreciation 31-Mar-03 289.62 -0.43% 74.18 -4.76 5.28 -5.63 3.03 28.30 0.16 -0.80 N.A N.A Tata Ethical Fund 21-Aug-96 106.62 4.46% 60.87 -7.34 1.19 -7.83 3.89 12.91 0.14 -0.76 N.A N.A Tata Service Industries Fund 11-Apr-05 87.87 0.49% 19.88 -9.12 1.03 -12.10 -1.63 10.06 0.18 -1.21 N.A N.A UTI India Lifestyle Fund 30-Jul-07 406.51 -2.23% 11.58 -3.02 3.67 -2.85 NA 3.08 0.16 -0.29 N.A N.A UTI MNC Fund 1-Aug-05 208.63 5.30% 65.49 1.42 11.91 7.93 12.00 15.55 0.12 0.66 N.A N.A UTI-Services Industries Fund 1-Aug-05 233.61 5.04% 53.44 -6.03 8.66 -7.69 0.56 8.61 0.20 -0.46 N.A N.A

Peer Average -6.83 3.19 -9.73 4.01 S&P CNX Nifty -8.56 1.91 -11.44 2.77 0.1982 CRISIL Fund~eX -7.73 3.01 -10.75 4.26 0.1682

Eligibility Criteria is as follows: Type: Open Ended Min. Average AUM: Rs 500 Cr Min. NAV History: 3 Years

5

Large Cap Equity Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

ICICI Prudential Focused Bluechip Equity Fund 23-May-08 3805.27 7.73% 15.25 -8.24 1.87 -6.61 NA 11.05 0.18 -0.37 1 1 Fidelity Equity Fund 16-May-05 3401.12 0.90% 31.81 -7.60 0.47 -10.04 6.25 17.85 0.16 -0.59 2 1 UTI Opportunities Fund 20-Jul-05 2605.54 9.24% 26.70 -6.41 3.33 -1.80 12.11 15.25 0.16 -0.33 3 1 Fidelity India Growth Fund 23-Oct-07 327.15 3.08% 11.00 -7.63 0.35 -10.07 NA 2.09 0.16 -0.59 4 2 HDFC Top 200 Fund 11-Oct-96 11381.06 8.01% 186.12 -8.70 3.45 -11.09 9.33 20.55 0.19 -0.59 5 2 Franklin India Bluechip Fund 1-Dec-93 4516.35 5.97% 197.98 -8.46 1.60 -7.43 7.20 23.19 0.16 -0.53 6 2 DSP BlackRock Top 100 Equity Fund 10-Mar-03 3248.40 6.45% 93.11 -8.04 4.29 -7.26 7.82 27.34 0.17 -0.57 7 2 SBI Magnum Equity Fund 1-Jan-91 491.37 8.63% 40.51 -5.13 4.73 -6.34 6.47 6.75 0.16 -0.47 8 2 ICICI Prudential Top 100 Fund 9-Jul-98 325.06 9.59% 129.81 -6.38 7.70 -3.57 5.39 20.25 0.18 -0.37 9 3 Principal Large Cap Fund 11-Nov-05 403.59 4.77% 25.02 -6.29 3.56 -11.50 5.94 15.01 0.16 -0.80 10 3 Birla Sun Life Frontline Equity Fund 27-Sep-02 2900.75 3.38% 78.21 -6.67 2.16 -10.22 7.03 24.56 0.17 -0.78 11 3 Reliance Top 200 Fund 8-Aug-07 829.65 2.52% 11.86 -4.46 9.05 -7.70 NA 3.60 0.19 -0.42 12 3 ICICI Prudential Top 200 Fund 4-Oct-94 489.77 3.41% 97.58 -8.75 3.53 -12.68 1.81 13.76 0.19 -0.63 13 3 UTI Mastershare Unit Scheme 1-Aug-05 2320.88 0.44% 48.51 -7.34 0.46 -9.68 5.40 11.74 0.16 -0.68 14 3 SBI Blue Chip Fund 14-Feb-06 706.80 2.01% 13.20 -4.49 5.35 -7.50 1.64 4.51 0.17 -0.75 15 3 Kotak 50 3-Feb-03 828.44 0.54% 90.76 -7.32 -0.71 -10.53 4.29 24.18 0.16 -0.84 16 4 UTI Top 100 Fund 1-Aug-05 638.86 1.75% 25.94 -8.47 -0.23 -8.34 2.05 9.78 0.16 -0.65 17 4 UTI Master Plus Unit Scheme 1-Aug-05 829.97 2.40% 74.93 -7.21 0.62 -8.94 1.47 11.12 0.17 -0.57 18 4 IDFC Imperial Equity Fund - Plan A 16-Mar-06 318.38 -5.89% 16.84 -9.00 -1.75 -12.93 5.82 8.74 0.16 -1.00 19 4 HSBC Equity Fund 3-Dec-02 704.29 -1.79% 89.05 -8.90 -0.37 -12.74 3.46 26.15 0.17 -0.81 20 4 Sundaram Select Focus 30-Jul-02 746.30 0.40% 73.88 -11.77 -3.45 -14.20 3.17 22.53 0.18 -0.99 21 5 UTI Leadership Equity Fund 27-Feb-06 617.43 0.95% 13.55 -6.55 2.03 -10.38 0.72 4.79 0.18 -0.79 22 5 Reliance Equity Fund 30-Mar-06 1122.49 3.68% 11.87 -9.60 4.38 -12.24 -0.79 2.57 0.19 -1.21 23 5 Birla Sun Life Top 100 Fund 26-Oct-05 290.11 2.49% 20.71 -6.64 3.73 -8.57 4.39 11.66 0.17 -0.55 N.A N.A Canara Robeco Large Cap+ Fund 20-Aug-10 184.75 1.15% 9.94 -5.78 3.33 -3.96 NA -0.34 0.13 -0.74 N.A N.A DSP BlackRock Focus 25 Fund 10-Jun-10 506.71 -4.71% 8.78 -11.13 -5.58 -16.38 NA -6.40 N.A N.A N.A N.A HDFC Index Fund - Sensex Plus Plan 18-Jul-02 79.92 5.55% 208.29 -6.26 2.95 -8.03 5.75 20.72 0.17 -0.55 N.A N.A HSBC Dynamic Fund 24-Sep-07 81.42 -3.84% 9.12 -7.01 0.99 -10.17 NA -1.94 0.17 -0.77 N.A N.A HSBC India Opportunities Fund 24-Feb-04 161.59 2.74% 32.64 -5.47 3.42 -6.05 1.36 15.37 0.16 -0.61 N.A N.A ICICI Prudential Target Returns Fund - Retail 28-May-09 143.61 -4.98% 12.50 -9.88 3.73 -9.42 NA 7.69 0.19 -0.48 N.A N.A IDFC Equity Fund 9-Jun-06 375.22 1.69% 14.24 -8.04 2.42 -10.25 2.82 6.09 0.20 -0.62 N.A N.A Reliance Quant Plus Fund 18-Apr-08 162.14 4.81% 11.90 -9.10 3.26 -11.01 NA 4.32 0.20 -0.52 N.A N.A Sundaram India Leadership Fund 6-Jul-04 125.63 0.63% 36.53 -10.54 -0.55 -13.26 3.62 17.78 0.19 -0.75 N.A N.A UTI Contra Fund 18-Apr-06 152.99 1.97% 11.15 -8.61 2.48 -15.59 2.42 1.24 0.19 -1.09 N.A N.A



Mid & SmallCap Equity Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

IDFC Premier Equity Fund - Plan A 28-Sep-05 2560.57 6.38% 32.44 -0.48 7.70 1.20 15.42 19.27 0.15 0.14 1 1 ICICI Prudential Discovery Fund 17-Aug-04 1778.60 6.84% 47.33 -1.74 12.72 -3.82 10.93 22.05 0.16 -0.17 2 1 SBI Magnum Sector Umbrella - Emerging Business Fund

11-Oct-04 506.89 11.21% 44.81 2.45 7.54 9.19 7.07 21.34 0.17 0.42 3 2

Birla Sun Life Dividend Yield Plus 27-Feb-03 1162.99 8.30% 79.17 -7.60 2.08 -6.34 11.38 24.88 0.14 -0.36 4 2 DSP BlackRock Small and Midcap Fund 14-Nov-06 1179.73 0.98% 16.23 -4.72 6.06 -6.99 7.77 9.12 0.18 -0.41 5 2 SBI Magnum Global Fund 27-Jun-05 915.38 1.86% 55.80 -1.59 9.09 -1.01 4.16 16.64 0.14 0.00 6 3 UTI Master Value Fund 1-Aug-05 650.80 -0.01% 46.54 -7.25 1.39 -11.39 8.61 11.74 0.16 -0.54 7 3 Sundaram Select Midcap 19-Jul-02 2025.07 1.32% 134.07 -8.66 -0.33 -10.68 6.93 30.07 0.17 -0.63 8 3 Franklin India Prima Fund 1-Dec-93 726.18 2.79% 255.19 -4.11 5.10 -6.89 3.26 19.13 0.15 -0.54 9 4 Reliance Long Term Equity Fund 26-Dec-06 1056.42 -2.16% 13.92 -1.99 8.05 -6.94 4.96 6.28 0.16 -0.74 10 4 Sundaram S M I L E Fund 15-Feb-05 451.86 -1.65% 27.34 -4.56 5.05 -11.19 7.17 14.78 0.20 -0.85 11 4 Birla Sun Life Midcap Fund 22-Oct-02 1309.10 -0.72% 96.40 -5.24 3.48 -9.29 6.06 26.57 0.16 -0.81 12 5 Franklin India Smaller Companies Fund 16-Jan-06 335.32 -4.69% 12.99 -3.57 6.74 -9.31 2.14 3.99 0.16 -0.63 13 5 Birla Sun Life MNC Fund 27-Dec-99 257.66 7.10% 221.80 -0.59 12.25 4.53 11.42 15.72 0.12 0.62 N.A N.A Birla Sun Life Pure Value Fund 8-Apr-08 60.49 -3.90% 15.13 -6.21 2.44 -8.59 NA 10.58 0.15 -0.51 N.A N.A Birla Sun Life Small & Midcap Fund 31-May-07 120.20 -0.35% 11.08 -3.54 2.58 -5.20 2.06 2.06 0.16 -0.57 N.A N.A Canara Robeco Emerging Equities 17-Mar-05 38.92 3.20% 22.29 -1.07 12.07 -3.76 5.17 11.93 0.15 -0.16 N.A N.A DSP BlackRock Micro Cap Fund - Regular 14-Jun-07 436.30 -0.09% 14.56 -2.29 6.47 -3.72 NA 7.85 0.18 -0.52 N.A N.A HDFC Mid-Cap Opportunities Fund 25-Jun-07 1860.28 9.41% 15.49 -4.32 7.68 -2.28 NA 9.26 0.15 -0.02 N.A N.A HSBC Midcap Equity Fund 19-May-05 104.91 -0.23% 17.03 -5.55 10.18 -12.50 -3.81 7.86 0.25 -0.95 N.A N.A HSBC Small Cap Fund 24-Mar-08 20.90 -4.93% 8.33 -8.30 3.21 -21.25 NA -4.27 0.23 -0.81 N.A N.A ICICI Prudential MidCap Fund 29-Oct-04 260.67 3.91% 29.23 -3.88 12.21 -7.15 -0.98 15.18 0.16 -0.96 N.A N.A IDFC Sterling Equity Fund 7-Mar-08 1097.74 1.79% 17.88 0.31 9.71 -2.09 NA 14.70 0.16 -0.37 N.A N.A Kotak Emerging Equity 30-Mar-07 54.91 -0.40% 10.83 -2.98 8.75 -3.21 0.09 1.56 0.16 -0.57 N.A N.A

6

Mid & SmallCap Equity Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Kotak Midcap 24-Feb-05 264.50 -0.81% 23.36 -3.76 6.74 -6.91 1.17 12.17 0.17 -0.44 N.A N.A Principal Emerging Bluechip Fund 12-Nov-08 278.27 4.60% 26.31 -0.23 11.34 -7.91 NA 31.32 0.17 -0.82 N.A N.A Reliance Small Cap Fund 21-Sep-10 436.39 -1.70% 8.87 -1.35 7.35 -10.00 NA -14.15 N.A N.A N.A N.A SBI Magnum Midcap Fund 15-Apr-05 216.75 0.06% 20.79 -4.24 5.96 -7.27 -2.53 10.85 0.17 -0.49 N.A N.A Tata Dividend Yield Fund 24-Nov-04 273.03 10.54% 32.23 -5.99 4.80 -4.12 11.01 16.84 0.15 -0.24 N.A N.A Tata Growth Fund 31-Mar-04 102.95 165.22% 40.04 -4.29 4.82 -6.40 2.82 15.36 0.15 -0.73 N.A N.A UTI Thematic - Mid Cap Fund 1-Aug-05 279.89 -0.96% 29.56 -0.34 5.72 -5.59 5.84 9.67 0.17 -0.50 N.A N.A



Equity-linked Saving (ELSS)


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Franklin Taxshield Fund 10-Apr-99 812.36 3.23% 200.52 -5.99 2.89 -4.70 8.13 25.61 0.16 -0.35 1 1 Fidelity Tax Advantage Fund 27-Feb-06 1167.14 3.76% 19.80 -6.30 1.86 -9.49 7.32 11.53 0.16 -0.56 2 1 Canara Robeco Equity Tax Saver 2-Feb-09 362.34 17.85% 24.67 -4.64 4.67 -4.56 NA 29.58 0.14 -0.54 3 2 HDFC Long Term Advantage Fund 2-Jan-01 840.52 2.56% 125.64 -6.71 4.92 -8.03 5.40 24.82 0.16 -0.43 4 2 ICICI Prudential Tax Plan 23-Aug-99 1278.42 6.78% 128.63 -6.46 5.65 -8.38 6.83 20.73 0.16 -0.48 5 2 Reliance Tax Saver Fund 21-Sep-05 1972.81 7.15% 20.28 -2.80 13.31 -2.47 6.59 11.13 0.17 -0.25 6 3 HDFC Tax Saver Fund 2-Apr-96 3114.05 8.12% 205.99 -8.49 1.97 -11.00 6.01 20.57 0.15 -0.68 7 3 DSP BlackRock Tax Saver Fund 18-Jan-07 724.44 3.07% 15.13 -5.30 6.47 -9.72 6.24 8.02 0.16 -0.78 8 3 SBI Magnum Tax Gain Scheme 1993 31-Mar-93 4778.54 3.15% 55.40 -4.66 5.46 -5.83 3.53 9.34 0.16 -0.60 9 3 Kotak Tax Saver Scheme 28-Nov-05 433.14 1.34% 16.32 -6.34 3.90 -10.01 0.24 7.64 0.17 -0.67 10 4 Sundaram Taxsaver 22-Nov-99 1391.33 4.62% 38.77 -9.05 1.54 -8.53 6.20 17.73 0.18 -0.91 11 4 UTI Equity Tax Saving Plan (ETSP) 1-Aug-05 461.60 2.61% 35.36 -6.01 1.49 -9.63 2.19 7.68 0.16 -0.78 12 4 Principal Personal Tax Saver 31-Mar-96 468.30 0.20% 81.96 -6.43 3.75 -12.67 0.90 21.79 0.17 -0.92 13 5 Birla Sun Life Tax Relief 96 7-Mar-08 1366.25 3.79% 9.45 -6.34 1.83 -13.46 NA -1.33 0.18 -0.98 14 5 Birla Sun Life Tax Plan 3-Oct-06 125.90 1.84% 12.24 -6.42 2.17 -9.93 0.28 3.63 0.17 -0.61 N.A N.A HSBC Tax Saver Equity Fund 5-Jan-07 205.59 1.58% 13.12 -5.17 4.27 -8.28 4.34 5.15 0.17 -0.76 N.A N.A IDFC Tax Advantage (ELSS) Fund 26-Dec-08 134.85 5.89% 17.65 -6.57 2.19 -9.05 NA 18.01 0.19 -0.61 N.A N.A Principal Tax Saving Fund 26-Jun-96 221.65 5.42% 66.37 -5.31 6.72 -8.37 -3.24 15.86 0.18 -0.84 N.A N.A Tata Tax Saving Fund 2-Sep-96 121.65 -1.80% 39.53 -6.18 1.65 -7.39 3.65 20.55 0.15 -0.56 N.A N.A


Eligibility Criteria is as follows: Type: Open Ended Min. Average AUM: Rs 300 Cr Min. NAV History: 3 Years as of quarter-ended Sepetmber 2010

Infrastructure Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

ICICI Prudential Infrastructure Fund 9-Sep-05 2153.67 1.86% 23.07 -12.94 -2.86 -19.25 2.33 13.23 0.18 -1.22 1 1 DSP BlackRock India T.I.G.E.R. Fund 11-Jun-04 1673.71 1.28% 36.51 -12.50 -0.09 -16.99 -0.10 17.63 0.18 -1.31 2 2 Tata Infrastructure Fund 20-Jan-05 1171.16 1.43% 25.29 -12.49 -0.38 -19.73 -0.36 13.65 0.18 -1.40 3 3 Reliance Diversified Power Sector Fund 10-May-04 2405.83 1.38% 50.13 -14.52 -0.64 -27.45 3.98 22.07 0.20 -1.81 4 4 UTI Infrastructure Fund 1-Aug-05 2073.76 1.37% 24.50 -13.94 -2.47 -22.17 -4.29 8.28 0.19 -1.56 5 5 Birla Sun Life Infrastructure Fund 17-Mar-06 407.44 6.49% 13.08 -10.23 1.32 -17.89 -0.17 4.42 0.18 -1.26 N.A N.A Canara Robeco Infrastructure 2-Dec-05 119.22 -0.36% 19.68 -11.03 -0.81 -11.55 5.27 10.98 0.15 -1.08 N.A N.A DSP BlackRock Natural Resources and New Energy Fund

25-Apr-08 119.60 -5.55% 12.03 -13.01 -7.79 -16.93 NA 4.60 0.17 -0.76 N.A N.A

Franklin Build India Fund 4-Sep-09 66.49 0.13% 10.74 -6.71 4.85 -6.85 NA 2.63 0.16 -0.90 N.A N.A HDFC Infrastructure Fund 10-Mar-08 746.01 1.37% 9.17 -12.28 4.01 -20.30 NA -2.02 0.20 -1.11 N.A N.A HSBC Progressive Themes Fund 23-Feb-06 169.41 5.83% 9.95 -10.99 9.02 -13.63 -5.65 -0.08 0.23 -1.09 N.A N.A IDFC Infrastructure Fund 8-Mar-11 78.99 -2.87% 7.92 -15.71 -8.06 -20.44 NA -17.27 N.A N.A N.A N.A Reliance Infrastructure Fund - Retail 17-Jul-09 701.35 4.49% 6.44 -16.41 0.06 -25.10 NA -14.19 0.22 -1.95 N.A N.A SBI Infrastructure Fund - Series I 6-Jul-07 720.24 -2.61% 6.98 -13.93 -8.64 -22.53 NA -7.07 0.17 -1.63 N.A N.A Sundaram CAPEX Opportunities Fund 29-Sep-05 259.42 0.02% 16.23 -14.63 -3.40 -25.75 -2.94 7.52 0.17 -1.86 N.A N.A

7

Infrastructure Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Sundaram Select Thematic Funds Energy Opportunities

1-Jan-08 803.23 -6.40% 6.47 -16.18 -8.13 -17.08 NA -9.38 0.18 -1.43 N.A N.A

Peer Average -12.97 -1.50 -18.98 -0.21 S&P CNX Nifty -8.56 1.91 -11.44 2.77 0.1982 CRISIL Fund~eX -7.73 3.01 -10.75 4.26 0.1682


Thematic Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Birla Sun Life Buy India Fund 25-Feb-00 35.09 -2.86% 36.79 -4.62 -0.08 -9.09 4.38 10.76 0.16 -0.54 N.A N.A Birla Sun Life India GenNext Fund 5-Aug-05 93.29 -2.06% 24.46 0.45 5.25 -0.16 7.02 14.00 0.16 0.05 N.A N.A Birla Sun Life New Millennium Fund 25-Feb-00 49.89 2.26% 17.50 -7.99 1.51 -8.81 -4.29 1.11 0.21 -0.63 N.A N.A Canara Robeco F.O.R.C.E Fund - Retail 14-Sep-09 140.01 -1.43% 12.48 -4.29 4.79 -8.03 NA 8.51 0.17 -0.28 N.A N.A DSP BlackRock Technology Fund 16-May-00 51.90 -4.18% 26.96 -8.60 -4.41 -15.43 -1.40 8.58 0.20 -0.84 N.A N.A Franklin Infotech Fund 22-Aug-98 122.11 3.63% 61.33 -7.05 3.67 -3.46 3.69 19.95 0.23 0.03 N.A N.A Goldman Sachs Banking Index Exchange Traded Scheme (GS Bank BeES)

27-May-04 57.16 8.51% 951.96 -9.65 9.72 -14.03 9.14 33.50 0.27 -0.20 N.A N.A

Goldman Sachs PSU Bank Exchange Traded Scheme (GS PSU Bank BeES)

25-Oct-07 10.16 -13.63% 317.80 -12.83 4.50 -19.49 NA 29.04 0.30 -0.43 N.A N.A

ICICI Prudential Banking and Financial Services Fund - Retail

27-Aug-08 140.76 9.93% 16.12 -5.90 11.94 -11.43 NA 13.44 0.24 -0.22 N.A N.A

ICICI Prudential FMCG Fund 31-Mar-99 130.06 11.12% 87.64 11.02 14.82 27.00 15.84 17.91 0.14 1.60 N.A N.A ICICI Prudential Services Industries Fund 30-Nov-05 171.70 2.69% 15.50 -8.18 4.17 -9.04 -1.89 6.97 0.19 -0.55 N.A N.A ICICI Prudential Technology Fund 3-Mar-00 104.56 3.50% 18.33 -1.56 12.25 1.89 2.21 5.07 0.21 0.33 N.A N.A IDFC India GDP Growth Fund 11-Mar-09 22.93 -2.17% 15.22 -8.23 0.77 -7.22 NA 13.92 0.19 -0.43 N.A N.A IDFC Strategic Sector (50-50) Equity Fund - Plan A

3-Oct-08 23.74 -8.35% 12.51 -5.23 -0.57 -13.44 NA 6.32 0.19 -0.81 N.A N.A

Kotak PSU Bank ETF 8-Nov-07 13.30 -7.59% 328.02 -12.83 4.48 -19.54 NA 2.61 0.30 -0.43 N.A N.A Reliance Banking Exchange Traded Fund 27-Jun-08 11.02 9.93% 986.27 -8.45 10.77 -12.65 NA 17.68 0.27 -0.19 N.A N.A Reliance Banking Fund 28-May-03 1730.82 9.94% 88.55 -8.80 8.87 -12.41 15.42 27.28 0.24 -0.19 N.A N.A Reliance Media and Entertainment Fund 6-Oct-04 64.94 3.02% 27.03 -5.80 5.90 -0.79 -1.54 13.87 0.20 -0.25 N.A N.A Reliance Natural Resources Fund 25-Feb-08 1772.35 -0.59% 9.27 -8.44 2.13 -11.93 NA -1.76 0.16 -0.57 N.A N.A Reliance Pharma Fund 5-Jun-04 563.56 -1.72% 56.33 2.71 6.97 -2.16 18.75 24.15 0.13 -0.20 N.A N.A SBI Magnum Sector Umbrella - FMCG Fund 31-Jul-99 66.75 6.95% 38.62 11.81 17.46 24.34 22.20 14.02 0.15 1.19 N.A N.A SBI Magnum Sector Umbrella - Infotech Fund 2-Aug-99 42.30 3.42% 22.10 -6.28 6.25 -1.52 -2.48 10.83 0.23 0.08 N.A N.A SBI Magnum Sector Umbrella - Pharma Fund 31-Dec-04 41.05 0.18% 48.38 5.33 8.65 4.95 5.99 11.15 0.12 0.49 N.A N.A SBI PSU Fund 12-Jul-10 436.35 -1.76% 7.61 -12.83 -7.08 -20.23 NA -13.79 N.A N.A N.A N.A Sundaram Equity Plus Fund 30-May-11 149.84 6.48% 9.94 -8.18 -2.89 -0.84 NA -0.70 N.A N.A N.A N.A Sundaram Select Thematic Funds Entertainment Opportunities

16-Jun-08 37.57 -5.95% 9.92 -11.29 -9.60 -31.06 NA -0.20 0.19 -1.69 N.A N.A

Sundaram Select Thematic Funds Financial Services Opportunities

10-Jun-08 222.37 5.71% 16.04 -12.90 2.32 -17.95 NA 12.62 0.25 -0.49 N.A N.A

Sundaram Select Thematic Funds PSU Opportunities

11-Jan-10 283.44 -9.60% 9.03 -12.44 -4.62 -16.81 NA -4.19 0.17 -0.93 N.A N.A

Tata Life Sciences & Technology Fund 2-Jul-99 45.81 -2.36% 65.20 -5.49 2.89 -9.06 5.54 17.03 0.14 -0.56 N.A N.A Templeton India Pension Plan 31-Mar-97 217.76 2.82% 60.36 -1.51 3.69 3.14 6.04 12.57 0.06 -0.72 N.A N.A UTI Retirement Benefit Pension Fund 1-Jun-96 801.03 4.68% 17.91 -1.61 4.26 0.75 7.13 10.59 0.07 -0.94 N.A N.A UTI Thematic - Banking Sector Fund 1-Aug-05 352.58 10.79% 36.50 -10.56 8.99 -14.32 10.03 13.46 0.26 -0.31 N.A N.A UTI Transportation and Logistics Fund 1-Aug-05 54.55 -1.84% 28.07 -1.54 10.21 4.50 9.76 10.38 0.18 -0.02 N.A N.A UTI-Energy Fund 1-Aug-05 358.09 -0.92% 8.42 -13.73 -5.82 -19.96 -6.42 1.55 0.16 -1.57 N.A N.A UTI-Pharma & Healthcare 1-Aug-05 93.36 -0.33% 40.06 1.62 1.91 -2.84 11.40 12.29 0.12 -0.12 N.A N.A

Peer Average -5.54 4.12 -7.06 6.21 S&P CNX Nifty -14.28 -2.04 10.01 11.88 0.1982 CRISIL Fund~eX -7.73 3.01 -10.75 4.26 0.1682

Index Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Kotak Nifty ETF 2-Feb-10 107.02 -4.87% 501.71 -8.28 2.23 -10.49 NA 1.65 0.20 -0.59 1 1 Kotak Sensex ETF 6-Jun-08 36.09 -0.02% 167.20 -8.29 1.02 -11.23 NA 1.91 0.20 -0.62 2 1 Goldman Sachs Nifty Exchange Traded Scheme (GS Nifty BeES)

28-Dec-01 562.69 -0.63% 495.19 -9.90 0.46 -11.98 3.18 17.51 0.20 -0.61 3 2

8

Index Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Principal Index Fund 27-Jul-99 13.37 -5.94% 33.75 -8.43 1.90 -10.95 1.98 9.77 0.20 -0.63 4 2 UTI Nifty Index Fund 28-Mar-00 168.66 -3.31% 30.55 -8.51 1.67 -11.50 2.13 10.15 0.20 -0.58 5 2 HDFC Index Fund - Sensex Plan 18-Jul-02 45.32 -2.53% 135.12 -8.34 0.80 -11.87 0.26 15.54 0.19 -0.68 6 3 Franklin India Index Fund - BSE Sensex Plan 27-Aug-01 51.13 -3.52% 45.74 -8.62 0.43 -12.15 2.51 15.17 0.19 -0.66 7 3 Reliance Index Fund - Nifty Plan 1-Oct-10 64.85 7.39% 8.10 -8.26 2.28 -10.46 NA -11.85 N.A N.A 8 3 HDFC Index Fund - Nifty Plan 18-Jul-02 80.66 -1.41% 42.37 -8.62 1.36 -11.88 0.25 15.27 0.20 -0.69 9 4 SBI Magnum Index Fund 11-Jan-02 34.67 10.17% 41.95 -8.54 1.84 -11.04 1.50 16.37 0.20 -0.62 10 4 Franklin India Index Fund - NSE Nifty Plan 17-Jul-00 162.23 16.95% 38.70 -8.56 1.54 -11.26 2.51 12.07 0.20 -0.63 11 4 Birla Sun Life Index Fund 27-Sep-02 25.73 -12.11% 48.26 -8.72 1.47 -11.76 2.42 17.62 0.20 -0.68 12 5 ICICI Prudential Index Fund - Nifty Plan 27-Feb-02 88.92 -5.04% 46.11 -8.42 1.51 -10.65 3.80 16.07 0.19 -0.62 13 5 Axis Gold ETF 10-Nov-10 243.29 6.74% 2895.71 2.77 1.98 29.43 NA 25.77 N.A N.A N.A N.A Birla Sun Life Nifty ETF 21-Jul-11 5.94 -22.14% 49.48 -8.24 2.15 NA NA -10.72 N.A N.A N.A N.A Canara Robeco Nifty Index 8-Oct-04 4.37 1.89% 26.08 -8.46 1.71 -10.96 2.47 13.35 0.20 -0.64 N.A N.A Goldman Sachs Gold Exchange Traded Scheme (GS Gold BeES)

8-Mar-07 2981.99 -1.58% 2829.07 2.78 1.97 29.29 26.37 21.97 0.19 0.46 N.A N.A

Goldman Sachs Hang Seng Exchange Traded Scheme (GS Hang Seng BeES)

9-Mar-10 25.78 -48.24% 1421.07 -0.37 12.80 0.76 NA 17.07 0.19 0.08 N.A N.A

Goldman Sachs Infrastructure Exchange Traded Scheme (GS Infra BeEs)

4-Oct-10 3.81 -12.81% 217.92 -16.89 -10.02 -26.49 NA -28.29 N.A N.A N.A N.A

Goldman Sachs Nifty Junior Exchange Traded Scheme (GS Junior BeES)

21-Feb-03 86.74 -8.36% 95.92 -8.36 5.19 -15.91 3.61 27.98 0.20 -1.11 N.A N.A

Goldman Sachs S&P CNX 500 Fund 6-Jan-09 79.85 4.54% 16.54 -8.51 2.34 -12.91 NA 15.95 0.19 -0.86 N.A N.A Goldman Sachs S&P CNX Nifty Shariah Index Exchange Traded Scheme (GS S&P Shariah BeES)

18-Mar-09 0.87 3.90% 111.52 -9.79 -2.20 -9.49 NA 3.46 0.18 -0.72 N.A N.A

HDFC Gold Exchange Traded Fund 13-Aug-10 567.13 17.61% 2898.75 2.79 2.00 29.74 NA 30.29 N.A N.A N.A N.A ICICI Prudential Gold Exchange Traded Fund 24-Aug-10 157.86 12.19% 2916.36 2.79 1.99 29.53 NA 27.68 N.A N.A N.A N.A ICICI Prudential Nifty Junior Index Fund 29-Jun-10 6.71 5.25% 8.49 -8.35 4.44 -15.61 NA -8.16 N.A N.A N.A N.A IDBI Nifty Index Fund 25-Jun-10 138.02 5.67% 9.27 -8.54 1.65 -11.47 NA -3.82 N.A N.A N.A N.A IDBI Nifty Junior Index Fund 27-Sep-10 47.46 6.24% 7.47 -8.55 4.78 -16.40 NA -16.09 N.A N.A N.A N.A IDFC Nifty Fund 30-Apr-10 8.70 9.61% 9.53 -8.14 2.38 -9.47 NA -2.28 0.20 -0.51 N.A N.A Kotak Gold ETF 27-Jul-07 1026.58 2.66% 2841.04 2.80 1.98 29.92 NA 26.98 0.19 0.48 N.A N.A Reliance Gold Exchange Traded Fund 22-Nov-07 2650.57 4.55% 2766.83 2.80 2.00 30.00 NA 24.50 0.19 0.48 N.A N.A Reliance Index Fund - Sensex Plan 1-Oct-10 2.70 -5.58% 7.91 -8.11 1.06 -12.08 NA -13.21 N.A N.A N.A N.A SBI Gold Exchange Traded Scheme (SBI GETS) 18-May-09 987.69 8.64% 2898.30 2.84 2.04 30.04 NA 25.23 0.19 0.49 N.A N.A SENSEX Prudential ICICI Exchange Traded Fund (SPIcE)

13-Jan-03 0.98 4.40% 175.81 -6.29 3.12 -9.42 3.35 19.41 0.19 -0.54 N.A N.A

Tata Index Fund - NIFTY - Option A 3-Mar-03 9.16 -3.17% 29.41 -8.18 2.05 -10.91 2.10 18.39 0.20 -0.64 N.A N.A Tata Index Fund - SENSEX - Option A 3-Mar-03 5.41 -5.03% 39.42 -8.35 0.71 -12.07 1.42 18.00 0.19 -0.68 N.A N.A UTI Gold Exchange Traded Fund 10-Apr-07 655.72 -1.16% 2842.71 2.80 1.99 29.94 26.46 23.87 0.19 0.47 N.A N.A

Peer Average -5.95 1.85 -2.34 5.08 S&P CNX Nifty -8.56 1.91 -11.44 2.77 0.1982 BSE Sensex -8.64 0.59 -12.35 2.20 0.1957 CNX NIFTY JUNIOR -6.48 -6.48 -6.48 -6.48 0.1981

Eligibility Criteria is as follows: Type: Open Ended Min. AUM: Rs 10 Cr Min. NAV History: 1 Year

International Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Birla Sun Life Commodity Equities Fund - Global Agri Plan - Retail

7-Nov-08 12.06 3.30% 15.88 -1.90 5.31 -6.58 NA 13.86 0.24 0.26 N.A N.A

Birla Sun Life Commodity Equities Fund - Global Multi Commodity Plan - Retail

7-Nov-08 11.09 -5.05% 12.57 -8.58 -1.45 -11.68 NA 6.64 0.25 -0.13 N.A N.A

Birla Sun Life Commodity Equities Fund - Global Precious Metals Plan - Retail

7-Nov-08 4.89 4.13% 11.80 -15.95 -15.36 -15.77 NA 4.76 0.28 -0.77 N.A N.A

Birla Sun Life International Equity Fund - Plan A 15-Nov-07 68.70 -1.12% 10.98 6.81 13.20 8.29 NA 2.15 0.18 0.80 N.A N.A Birla Sun Life International Equity Fund - Plan B 15-Nov-07 243.76 0.89% 8.63 -5.55 2.90 -9.79 NA -3.52 0.14 -0.63 N.A N.A DSP BlackRock World Agriculture Fund 30-Sep-11 42.82 9.91% 11.17 0.67 3.78 NA NA 11.71 N.A N.A N.A N.A DSP BlackRock World Energy Fund 14-Aug-09 185.25 -4.20% 10.97 -7.40 -6.77 -10.69 NA 3.36 0.26 0.28 N.A N.A DSP BlackRock World Gold Fund 14-Sep-07 937.83 -10.25% 16.77 -14.49 -18.18 -9.47 NA 11.58 0.29 -0.10 N.A N.A DSP BlackRock World Mining Fund - Regular 29-Dec-09 103.94 -12.75% 9.65 -15.91 -12.24 -21.55 NA -1.45 0.31 0.08 N.A N.A Fidelity Global Real Assets Fund 11-Feb-10 97.82 -11.23% 13.72 1.30 4.11 2.34 NA 14.74 0.22 0.63 N.A N.A Fidelity International Opportunities Fund 28-May-07 327.91 -1.45% 12.51 -5.12 2.20 -7.69 4.46 4.56 0.14 -0.37 N.A N.A Franklin Asian Equity Fund 16-Jan-08 192.36 2.00% 11.69 -0.42 8.62 2.20 NA 3.64 0.17 0.41 N.A N.A HSBC Emerging Markets Fund 17-Mar-08 55.18 8.59% 9.49 -8.06 3.23 -10.34 NA -1.24 0.21 -0.13 N.A N.A ICICI Prudential Indo Asia Equity Fund - Retail 17-Oct-07 183.78 0.38% 10.25 -5.36 4.38 -4.38 NA 0.54 0.13 -0.19 N.A N.A Kotak Global Emerging Market Fund 26-Sep-07 71.76 -2.14% 10.21 -1.54 3.30 -1.01 NA 0.45 0.19 0.48 N.A N.A Principal Global Opportunities Fund 29-Mar-04 37.49 1.21% 19.15 -0.84 9.77 1.49 4.43 8.27 0.18 0.38 N.A N.A

9

International Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Sundaram Global Advantage Fund 22-Aug-07 54.59 -2.37% 12.04 -2.16 3.64 -1.39 NA 3.97 0.16 0.59 N.A N.A Tata Growing Economies Infrastructure Fund Plan A

10-Apr-08 22.88 -2.53% 11.35 -3.37 2.21 -2.63 NA 3.11 0.10 -0.07 N.A N.A

Tata Growing Economies Infrastructure Fund Plan B

10-Apr-08 85.39 -1.02% 9.77 -10.53 -2.89 -15.61 NA -0.56 0.13 -1.34 N.A N.A

Tata Indo-Global Infrastructure Fund 12-Nov-07 651.29 -1.86% 6.44 -10.04 -1.72 -14.06 NA -9.20 0.14 -0.64 N.A N.A Templeton India Equity Income Fund 18-May-06 1015.07 5.32% 18.42 -7.45 4.99 -11.25 6.84 10.64 0.15 -0.24 N.A N.A


Balanced Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

HDFC Balanced Fund 11-Sep-00 554.93 10.42% 56.25 -3.58 5.95 -0.87 11.91 15.87 0.11 -0.09 1 1 HDFC Prudence Fund 1-Feb-94 6248.60 2.43% 206.54 -4.08 6.65 -3.13 11.30 18.65 0.13 -0.27 2 2 ICICI Prudential Balanced Fund 11-Nov-99 325.21 8.49% 47.15 -3.36 5.62 1.64 5.31 13.37 0.12 -0.10 3 2 Tata Balanced Fund 5-Jan-96 321.69 2.00% 82.19 -2.68 5.43 -0.91 8.58 13.90 0.13 -0.57 4 3 Reliance Regular Savings Fund - Balanced 8-Jun-05 634.97 -4.71% 21.35 -2.29 6.90 -2.45 11.97 11.47 0.14 -0.50 5 3 DSP BlackRock Balanced Fund 27-May-99 676.51 -1.27% 62.62 -4.99 4.19 -5.22 8.05 15.13 0.12 -0.64 6 3 Birla Sun Life 95 Fund 27-Mar-95 525.89 4.83% 290.36 -5.29 0.73 -6.15 7.79 22.04 0.12 -0.61 7 4 UTI Balanced Fund 3-Apr-00 898.41 2.26% 74.26 -4.89 3.46 -6.71 5.34 11.52 0.13 -0.80 8 4 SBI Magnum Balanced Fund 20-Jan-05 374.04 -0.69% 46.01 -2.00 6.04 -6.71 4.11 14.38 0.13 -0.92 9 5 Axis Triple Advantage Fund 23-Aug-10 310.34 -7.05% 11.28 0.18 3.22 7.76 NA 7.02 N.A N.A N.A N.A Canara Robeco Balance 31-Mar-00 184.27 2.83% 61.22 -1.78 5.95 0.48 9.27 15.27 0.10 -0.44 N.A N.A Fidelity India Childrens Plan - Education Fund 7-Feb-11 17.69 23.00% 9.71 -2.78 6.45 -3.79 NA -2.23 N.A N.A N.A N.A Fidelity India Childrens Plan - Marriage Fund 7-Feb-11 23.06 26.78% 10.18 -2.93 5.61 -0.84 NA 1.36 N.A N.A N.A N.A FT India Balanced Fund 10-Dec-99 218.16 -0.11% 47.13 -4.32 3.45 -3.29 5.98 13.22 0.12 -0.59 N.A N.A HDFC Childrens Gift Investment Plan 2-Mar-01 300.35 4.29% 43.77 -2.58 5.08 -0.08 10.61 16.71 0.12 0.17 N.A N.A ICICI Prudential Child Care Plan - Gift Plan 5-Sep-01 166.32 7.55% 53.62 -4.44 10.88 -2.49 4.74 17.12 0.15 -0.67 N.A N.A ICICI Prudential Equity and Derivatives Fund - Volatility Advantage Plan

30-Dec-06 149.07 -0.37% 14.46 -0.34 8.15 3.43 5.95 7.04 0.10 -0.02 N.A N.A

Kotak Balance 25-Nov-99 43.87 -0.24% 20.79 -2.46 6.36 -0.95 6.11 15.31 0.12 -0.51 N.A N.A Principal Balanced Fund 14-Jan-00 17.81 1.88% 28.41 -3.14 5.77 -5.49 4.32 8.80 0.13 -0.97 N.A N.A Principal Retail Equity Savings Fund 7-Jan-98 23.51 0.28% 74.05 -7.26 -0.84 -13.60 3.60 14.91 0.14 -1.21 N.A N.A Principal Smart Equity Fund 16-Dec-10 154.62 -11.12% 9.51 -5.18 3.82 -3.84 NA -3.39 N.A N.A N.A N.A Sundaram Balanced Fund 23-Jun-00 59.86 -4.08% 43.54 -5.31 1.49 -8.82 4.75 12.97 0.15 -0.55 N.A N.A Tata SIP Fund Series 3 30-Sep-11 11.12 14.62% 10.44 0.85 3.48 NA NA 4.36 N.A N.A N.A N.A Tata Smart Investment Plan -1 Scheme A 12-Jun-09 23.19 5.03% 10.16 -3.86 6.40 -10.00 NA 0.52 0.18 -0.86 N.A N.A Tata Young Citizens Fund 16-Jan-96 170.54 4.09% 13.31 -0.37 8.00 -12.91 -10.51 7.80 0.19 -1.13 N.A N.A Templeton India Childrens Asset Gift Plan 5-Jun-98 7.15 3.17% 43.16 -4.19 3.26 -1.85 5.67 11.01 0.11 -0.59 N.A N.A UTI Charitable & Religious Trusts-81- Growth 22-Dec-06 348.69 1.97% 188.89 1.85 10.23 8.35 10.97 10.78 0.06 -0.49 N.A N.A UTI Childrens Career Advantage Fund 8-Mar-04 71.22 5.21% 14.64 -7.81 -0.08 -10.87 5.32 4.71 0.16 -0.70 N.A N.A UTI Childrens Career Balanced Plan 11-Apr-01 2792.20 2.35% 14.48 -1.50 4.68 3.09 2.81 8.51 0.06 -0.67 N.A N.A

Peer Average -3.12 5.05 -3.08 6.26 CRISIL Fund~bX -4.18 5.42 -3.60 8.36 0.1233 Crisil BalanceEx -4.75 3.34 -4.11 5.35 0.1290


MIP-Aggressive Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

HDFC Monthly Income Plan - LTP 26-Dec-03 6636.06 -15.75% 24.15 -0.10 5.16 4.57 9.63 11.02 0.04 -0.51 1 1 Reliance Monthly Income Plan 13-Jan-04 4141.96 -20.07% 23.37 1.25 8.03 7.37 11.38 10.62 0.04 -0.22 2 2 ICICI Prudential MIP 25 2-Apr-04 541.84 -15.73% 20.76 0.04 5.46 6.18 7.17 9.38 0.04 -0.45 3 3 Birla Sun Life MIP II - Wealth 25 Plan 24-May-04 240.28 -15.70% 18.76 -0.22 3.92 4.77 6.34 8.24 0.05 -0.53 4 3 HDFC Monthly Income Plan - STP 26-Dec-03 262.53 -18.49% 18.19 0.16 4.53 5.88 6.64 7.35 0.03 -0.98 5 4 UTI MIS Advantage Plan 16-Dec-03 782.96 -12.27% 21.15 0.08 4.59 4.01 7.96 9.25 0.04 -0.84 6 5 Axis Hybrid Fund - Series 3 7-Oct-11 89.49 9.16% 10.61 -8.76 -2.86 NA NA 6.05 N.A N.A N.A N.A Axis Income Saver Fund 16-Jul-10 202.03 -23.33% 10.66 -1.63 2.56 2.57 NA 3.46 N.A N.A N.A N.A Canara Robeco Monthly Income Plan 3-Apr-01 310.79 -8.67% 31.70 0.95 4.62 6.57 9.68 11.37 0.03 -0.50 N.A N.A DSP BlackRock MIP Fund 14-Jun-04 192.85 -7.55% 21.01 0.15 7.61 9.65 7.95 9.80 0.04 -0.42 N.A N.A FT India Monthly Income Plan - Plan B 28-Sep-00 321.52 -5.37% 29.59 0.31 4.15 5.64 6.91 9.73 0.03 -1.09 N.A N.A

10

MIP-Aggressive Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

HDFC Multiple Yield Fund 17-Sep-04 82.87 5.87% 19.66 0.17 4.70 8.37 9.33 9.16 0.03 0.21 N.A N.A HDFC Multiple Yield Fund - Plan 2005 17-Aug-05 600.43 1.33% 17.86 1.16 4.20 7.67 9.65 8.91 0.02 0.07 N.A N.A HSBC MIP - Savings 24-Feb-04 282.84 -27.76% 20.15 -0.19 5.30 4.90 7.89 8.84 0.04 -0.81 N.A N.A ICICI Prudential Multiple Yield Fund - Plan A 6-Jun-11 121.98 4.52% 10.81 1.20 7.49 NA NA 8.12 N.A N.A N.A N.A IDBI Monthly Income Plan 7-Mar-11 127.56 1.26% 10.76 0.80 3.44 5.81 NA 6.11 N.A N.A N.A N.A Kotak Monthly Income Plan 3-Dec-03 45.71 -22.98% 16.58 0.22 4.75 5.86 4.46 6.10 0.03 -0.79 N.A N.A Kotak Multi Asset Allocation Fund 31-Dec-10 302.30 -7.49% 11.09 0.75 3.74 6.81 NA 7.55 N.A N.A N.A N.A Principal Debt Savings Fund - Monthly Income Plan Accumulation Plan

23-May-02 101.96 113.38% 22.67 1.32 3.94 5.96 7.83 8.50 0.02 -2.14 N.A N.A

SBI Magnum Income Plus Fund - Investment 12-Nov-03 42.07 -12.43% 17.23 0.03 4.53 6.38 5.41 6.54 0.04 -0.87 N.A N.A Sundaram Monthly Income Plan - Aggressive Plan

25-Jan-10 11.14 -19.37% 10.61 -1.43 2.68 1.98 NA 2.56 0.05 -1.36 N.A N.A

Sundaram Monthly Income Plan - Moderate Plan 19-Jan-04 23.14 -5.53% 15.49 -0.80 3.05 0.87 3.69 5.33 0.04 -1.80 N.A N.A Tata MIP Plus Fund 19-Mar-04 82.65 -21.70% 16.98 -0.33 5.37 6.12 6.60 6.67 0.04 -0.71 N.A N.A

Peer Average -0.21 4.39 5.62 7.56 Crisil MIPEX 0.81 5.02 6.48 6.93 0.03

Eligibility Criteria is as follows: Type: Open Ended Min. AUM: Rs 25 Cr Min. NAV History: 2 Years

MIP-Conservative Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Birla Sun Life MIP II - Savings 5 Plan 24-May-04 351.63 -11.76% 19.29 1.30 4.95 9.22 10.27 8.53 0.01 0.07 1 1 Birla Sun Life Monthly Income 10-Aug-99 475.68 -11.67% 38.94 0.15 3.92 6.08 8.28 10.99 0.02 -0.70 2 2 ICICI Prudential MIP Plan - Cumulative 10-Nov-00 433.81 -8.81% 27.56 0.56 5.16 6.23 7.42 9.16 0.03 -0.56 3 3 UTI Monthly Income Scheme 1-Nov-02 416.65 -16.20% 21.02 0.35 4.27 5.95 8.20 7.97 0.03 -0.95 4 4 Birla Sun Life MIP 17-Dec-00 146.17 -6.95% 28.09 0.24 3.68 5.44 7.38 9.33 0.03 -0.69 5 5 HDFC Childrens Gift Savings Plan 7-Mar-01 68.96 2.96% 24.76 0.72 5.11 7.67 10.64 10.99 0.03 0.37 N.A N.A HSBC MIP - Regular 24-Feb-04 123.60 -10.17% 18.01 0.62 4.52 5.77 7.21 7.37 0.03 -1.18 N.A N.A ICICI Prudential Child Care Plan - Study Plan 5-Sep-01 33.43 2.66% 31.77 2.19 7.77 6.89 9.13 11.42 0.04 -0.05 N.A N.A SBI Magnum Childrens Benefit Plan 20-Feb-02 23.63 2.90% 24.32 0.45 5.08 7.10 7.24 8.99 0.04 0.14 N.A N.A SBI Magnum Monthly Income Plan - Floater 30-Dec-05 9.75 -7.33% 14.36 2.09 4.41 6.79 5.71 5.72 0.03 0.08 N.A N.A SBI Magnum Monthly Income Plan 4-Apr-01 246.63 -12.75% 21.49 1.36 5.16 6.73 4.92 7.07 0.03 -0.90 N.A N.A Sundaram Monthly Income Plan - Conservative Plan

25-Jan-10 11.35 -33.88% 11.02 1.02 4.31 5.58 NA 4.21 0.02 -2.08 N.A N.A

Tata Monthly Income Fund - Appreciation 18-Aug-03 27.97 -1.48% 19.94 0.81 5.08 7.78 5.93 6.65 0.02 -1.31 N.A N.A Templeton India Childrens Asset Education Plan 5-Jun-98 1.57 2.39% 33.96 0.02 3.29 4.44 5.30 9.13 0.03 -1.15 N.A N.A UTI Mahila Unit Scheme 2-May-01 250.32 -0.39% 20.95 -1.22 3.12 1.13 8.16 13.78 0.05 -1.24 N.A N.A UTI-Investment Bond Fund - Plan 1 (60 Mths) Retail

31-Jan-08 0.38 0.80% 10.99 1.09 2.25 3.76 NA 1.31 0.01 -8.34 N.A N.A

Peer Average 0.73 4.51 6.04 7.56 Crisil MIPEX 0.81 5.02 6.48 6.93 0.0313


Debt-Long Term Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

UTI Bond Fund 18-Jul-98 519.42 66.93% 32.00 2.38 5.78 12.29 7.94 8.62 0.02 1.02 1 1 Reliance Dynamic Bond Fund 15-Nov-04 318.20 294.23% 14.36 1.94 7.37 11.42 4.58 4.91 0.02 0.75 2 2 Birla Sun Life Income Plus 23-Oct-95 411.88 17.91% 48.76 2.42 6.62 10.53 9.66 10.41 0.02 0.08 3 2 HDFC Income Fund 20-Sep-00 524.80 41.90% 24.85 1.48 6.30 9.62 8.28 7.97 0.03 -0.12 4 3 HDFC High Interest Fund 20-May-97 99.64 4.00% 36.08 1.80 5.94 9.14 8.03 8.77 0.02 -0.19 5 3 ICICI Prudential Long Term Plan - Regular Plan 5-Apr-02 87.09 -49.76% 22.59 2.00 4.18 8.94 7.29 8.25 0.01 -3.06 6 3 Reliance Income Fund 1-Jan-98 305.09 136.09% 35.48 1.60 6.70 9.56 8.68 9.20 0.02 -0.44 7 4 ICICI Prudential Income Opportunities Fund 28-Aug-08 88.73 33.43% 14.71 1.50 5.51 8.80 NA 10.74 0.02 -0.65 8 4 ICICI Prudential Income Plan 19-Jun-98 302.12 20.37% 34.07 1.39 5.70 9.53 9.58 9.18 0.02 -1.12 9 5 Axis Dynamic Bond Fund 27-Apr-11 67.28 3.85% 10.99 1.76 5.88 9.34 NA 9.01 0.02 -1.75 N.A N.A Canara Robeco Dynamic Bond Fund - Retail 2-Jun-09 7.63 -16.10% 11.87 2.26 4.52 9.35 NA 5.85 0.01 -1.09 N.A N.A Canara Robeco Income Plan 19-Sep-02 192.45 33.57% 22.73 2.05 5.00 9.15 11.02 8.83 0.01 -0.79 N.A N.A DSP BlackRock Bond Fund 29-Apr-97 52.99 21.44% 34.48 0.76 4.35 8.51 6.47 8.54 0.02 -1.46 N.A N.A Fidelity Flexi Bond Fund 30-Aug-06 28.29 12.74% 14.19 2.11 6.12 8.81 6.50 6.27 0.02 -0.66 N.A N.A

11

Debt-Long Term Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

HDFC Medium Term Opportunities Fund 29-Jun-10 620.94 76730.45

% 11.63 1.87 4.12 8.53 NA 8.17 N.A N.A N.A N.A

HSBC Flexi Debt Fund 5-Oct-07 127.87 64.72% 14.64 2.12 5.24 10.29 NA 8.53 0.01 0.43 N.A N.A HSBC Income Fund - Investment Plan 10-Dec-02 29.80 36.42% 18.64 1.75 5.02 10.00 8.35 6.79 0.01 0.05 N.A N.A ICICI Prudential Banking & PSU Debt Fund - Premium Plus

1-Jan-10 582.33 -3.11% 12.05 2.55 4.96 9.57 NA 8.02 0.00 4.76 N.A N.A

IDFC Dynamic Bond Fund - Plan A - (Regular) 26-Jun-02 482.91 276.51% 21.50 2.37 5.81 12.21 9.32 8.01 0.02 0.57 N.A N.A IDFC Super Saver Income Fund - Investment Plan - Plan A - (Regular)

14-Jul-00 245.84 15.89% 25.76 2.02 5.54 10.52 8.56 8.28 0.02 -0.11 N.A N.A

Kotak Bond Deposit 29-Nov-99 180.57 253.33% 29.12 3.04 8.97 12.86 9.20 8.85 0.02 0.16 N.A N.A Kotak Bond Regular 29-Nov-99 180.57 253.33% 31.22 3.04 8.97 12.86 9.55 9.46 0.02 0.18 N.A N.A Morgan Stanley Active Bond Fund - Regular 28-May-09 0.51 29.08% 11.12 1.82 3.42 6.21 NA 3.60 0.00 -12.38 N.A N.A Principal Income Fund - Long Term Plan 9-May-03 36.49 102.21% 18.65 2.26 6.29 10.85 8.28 7.12 0.01 0.37 N.A N.A SBI Dynamic Bond Fund 9-Feb-04 497.81 607.86% 13.42 2.25 6.45 12.51 4.67 3.60 0.02 1.99 N.A N.A SBI Magnum Income Fund 25-Nov-98 50.73 10.74% 26.31 2.44 6.53 11.00 5.74 7.37 0.02 0.27 N.A N.A SBI Magnum Income Plus Fund - Savings 12-Nov-03 1.95 2.20% 12.20 1.82 3.50 7.61 2.91 2.32 0.01 -2.23 N.A N.A Sundaram Bond Saver 18-Dec-97 93.19 158.06% 31.13 2.67 5.27 8.85 6.20 8.12 0.02 -0.46 N.A N.A Sundaram Flexible Fund - Flexible Income Plan 30-Dec-04 1.40 6.43% 15.56 2.02 4.86 6.25 6.36 6.14 0.02 -0.72 N.A N.A Sundaram Income Plus 31-Jul-02 0.81 10.38% 15.88 1.77 3.79 5.23 4.05 4.79 0.01 -2.15 N.A N.A Tata Dynamic Bond Fund - Option A 9-Sep-03 1.43 5.65% 15.97 1.54 3.33 6.99 5.42 5.51 0.00 -5.67 N.A N.A Tata Dynamic Bond Fund - Option B 9-Sep-03 1.43 5.65% 16.01 1.70 3.49 7.16 5.45 5.52 0.00 -5.74 N.A N.A Tata Income Fund - Appreciation 23-Jul-97 29.20 1.34% 32.70 2.40 5.52 8.59 5.24 8.00 0.01 -1.40 N.A N.A Tata Income Plus Fund - Option A- Growth 2-Dec-02 2.05 3.33% 16.85 1.98 4.06 8.06 5.65 5.62 0.00 -2.75 N.A N.A Templeton India Income Builder Account - Plan A 23-Jun-97 77.28 19.23% 36.21 2.17 6.48 11.16 7.73 8.99 0.01 -0.32 N.A N.A Templeton India Income Fund 1-Mar-97 626.51 -11.60% 36.68 2.46 4.22 8.56 7.16 8.89 0.01 -2.01 N.A N.A UTI-Dynamic Bond Fund 24-Jun-10 875.49 -18.17% 11.75 2.01 6.03 10.69 NA 8.69 N.A N.A N.A N.A

Peer Average 2.04 5.46 9.50 7.17 Crisil CompBex 1.79 4.71 8.91 6.82 0.0090 CRISIL Fund~dX 2.14 5.58 9.77 7.49 0.0098


Gilt Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Birla Sun Life Govt Securities Long Term Plan 17-Nov-99 306.86 12.01% 31.40 1.37 6.56 9.93 9.37 9.55 0.03 0.13 1 1 UTI Gilt Advantage Fund - Long Term Plan 28-Jan-02 142.47 11.16% 22.52 2.19 7.13 10.23 7.88 8.13 0.03 0.47 2 2 ICICI Prudential Gilt - Investment 19-Aug-99 286.94 52.94% 36.67 1.72 7.19 9.73 10.07 10.69 0.03 0.04 3 2 HDFC Gilt Fund - Long Term Plan 25-Jul-01 248.45 39.92% 21.45 1.80 6.17 8.35 6.32 7.25 0.03 -0.40 4 3 Reliance Gilt Securities Fund - Retail 22-Aug-08 102.67 28.35% 13.40 2.41 7.95 9.33 NA 8.06 0.03 -0.39 5 3 ICICI Prudential Gilt - Investment - PF Option 19-Nov-03 195.16 25.74% 20.77 1.30 6.21 7.62 11.93 8.94 0.03 -0.30 6 3 Birla Sun Life Gilt Plus - Regular Plan 11-Oct-99 135.64 79.05% 34.40 0.92 4.98 7.00 7.75 10.26 0.03 -0.68 7 4 ICICI Prudential Gilt - Treasury - PF Option - AAPP

11-Feb-04 27.19 27.08% 17.39 1.10 3.15 6.70 8.42 6.89 0.01 -2.31 8 4

UTI G-Sec Fund 5-Oct-99 269.08 0.01% 22.63 1.00 2.28 1.69 3.25 6.58 0.03 -2.20 9 5 Birla Sun Life Gilt Plus - Liquid Plan 11-Oct-99 13.32 78.98% 24.39 1.97 3.97 7.69 5.79 7.30 0.00 -3.94 N.A N.A Birla Sun Life Gilt Plus - PF Plan 11-Oct-99 23.02 26.07% 28.20 2.16 6.85 12.20 6.22 8.54 0.03 0.35 N.A N.A Birla Sun Life Govt Securities Short Term Plan 5-Nov-99 1.49 -9.39% 20.71 1.88 3.79 7.35 5.12 5.94 0.00 -11.27 N.A N.A Canara Robeco Gilt Advantage Fund 1-Mar-11 5.52 -92.66% 11.10 2.27 4.29 9.06 NA 8.68 N.A N.A N.A N.A Canara Robeco Gilt PGS 6-Jan-00 21.92 -9.05% 28.58 1.83 5.82 8.66 8.85 8.82 0.02 -0.43 N.A N.A DSP BlackRock Govt Sec Fund 30-Sep-99 212.72 46.18% 35.33 -0.08 4.42 6.79 8.74 10.47 0.03 -1.17 N.A N.A DSP BlackRock Treasury Bill Fund 30-Sep-99 2.87 9.29% 22.22 2.06 3.73 7.72 5.36 6.50 0.00 -2.01 N.A N.A Fidelity Flexi Gilt Fund 7-Aug-08 35.25 23.54% 12.74 0.88 5.59 6.73 NA 6.55 0.03 -0.97 N.A N.A HDFC Gilt Fund - Short Term Plan 25-Jul-01 16.13 80.42% 18.09 1.73 4.64 8.13 5.51 5.59 0.02 -0.72 N.A N.A HSBC Gilt Fund 5-Dec-03 1.26 25.94% 13.90 2.04 6.09 10.57 4.23 3.96 0.02 0.90 N.A N.A ICICI Prudential Gilt - Treasury 19-Aug-99 80.28 -0.69% 27.40 1.80 3.81 7.41 8.49 8.20 0.01 -3.61 N.A N.A IDFC G Sec Fund - Investment Plan - Plan A - (Regular)

11-Mar-02 56.19 304.06% 20.76 2.54 7.21 12.62 8.28 7.39 0.03 0.55 N.A N.A

IDFC G Sec Fund - PF Plan - Plan A - (Regular) 5-Apr-04 21.55 25.67% 17.58 2.41 7.36 12.82 9.26 7.14 0.03 0.60 N.A N.A IDFC G Sec Fund - Short Term Plan - Plan A - (Regular)

11-Mar-02 0.07 36.15% 14.88 2.12 3.32 3.64 3.15 3.96 0.00 -18.03 N.A N.A

Kotak Gilt - Investment - PF and Trust 11-Nov-03 124.19 171.70% 38.11 3.68 10.95 14.04 9.62 6.84 0.04 0.53 N.A N.A Kotak Gilt - Investment - Regular 5-Jan-99 124.19 171.70% 37.33 3.69 10.96 14.04 9.47 10.29 0.04 0.53 N.A N.A Kotak Gilt - Savings 5-Jan-99 5.91 10.36% 24.37 1.99 5.53 9.24 5.83 6.84 0.01 -1.37 N.A N.A Principal Government Securities Fund 23-Aug-01 180.11 2.60% 21.89 1.29 6.18 7.42 6.27 7.54 0.03 -0.80 N.A N.A SBI Magnum Gilt Fund - Long Term 1-Jan-01 163.75 6.18% 21.54 1.22 5.95 8.47 4.19 6.95 0.03 -0.36 N.A N.A SBI Magnum Gilt Fund - PF Plan - Fixed Period - 1 Year

2-Dec-03 163.75 6.18% 13.41 1.10 5.70 7.97 3.93 3.57 0.03 -0.52 N.A N.A

12

Gilt Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

SBI Magnum Gilt Fund - PF Plan - Fixed Period - 2 Year

2-Dec-03 163.75 6.18% 13.22 1.08 5.64 7.84 3.58 3.40 0.03 -0.56 N.A N.A

SBI Magnum Gilt Fund - PF Plan - Fixed Period - 3 Year

2-Dec-03 163.75 6.18% 12.98 1.06 5.58 7.69 3.43 3.18 0.03 -0.61 N.A N.A

SBI Magnum Gilt Fund - PF Plan - Regular 2-Dec-03 163.75 6.18% 13.82 1.24 5.98 8.53 4.26 3.94 0.03 -0.35 N.A N.A SBI Magnum Gilt Fund - Short Term 1-Jan-01 33.59 38.58% 21.58 2.21 5.32 9.45 7.35 6.95 0.01 0.10 N.A N.A Sundaram Gilt Fund - Regular Plan 2-May-01 0.15 8.76% 15.96 2.44 2.98 3.14 3.21 4.30 0.02 -2.76 N.A N.A Tata Gilt Mid Term Fund 24-Jun-10 42.96 -40.93% 11.35 1.90 8.16 10.81 NA 6.76 0.03 -0.14 N.A N.A Tata Gilt Securities Fund - Appreciation 7-Sep-99 156.06 3.59% 30.71 1.85 7.08 9.05 5.47 9.21 0.04 -0.39 N.A N.A Tata Gilt Securities Fund - HIP - Appreciation 16-Jul-03 156.06 3.59% 18.89 1.84 7.08 9.04 5.55 4.61 0.04 -0.36 N.A N.A Tata Gilt Securities Short Maturity Fund - Appreciation

4-Apr-03 55.18 58.91% 17.02 1.90 5.18 9.64 6.71 5.97 0.02 -0.59 N.A N.A

Templeton India G-Sec Fund - Composite Plan 21-Jun-99 110.10 7.96% 36.30 0.95 5.22 8.50 8.22 10.46 0.04 -0.79 N.A N.A Templeton India G-Sec Fund - Long Term Plan 7-Dec-01 76.38 59.37% 25.42 1.54 5.66 8.84 8.76 9.30 0.04 -0.78 N.A N.A Templeton India G-Sec Fund - PF Plan 7-May-04 110.10 7.96% 15.94 0.95 5.22 8.50 8.22 5.95 0.04 -0.78 N.A N.A Templeton India G-Sec Fund - Treasury Plan 11-Feb-02 38.84 44.53% 18.40 2.06 4.57 7.74 5.45 6.10 0.02 -0.70 N.A N.A UTI Gilt Advantage Fund - Long Term Plan - PF Plan

29-Sep-03 142.47 11.16% 16.74 2.20 7.13 10.23 7.88 6.08 0.03 0.47 N.A N.A

UTI Gilt Advantage Fund - Long Term Plan - PF Plan - PDAR

29-Sep-03 142.47 11.16% 16.75 2.20 7.13 10.23 7.88 6.09 0.03 0.47 N.A N.A

UTI G-Sec Fund - Short Term Plan 15-Dec-03 20.42 -18.03% 15.70 2.13 4.62 8.78 5.77 5.46 0.01 -1.19 N.A N.A

Peer Average 1.78 5.79 8.69 6.71 CRISIL GILT INDEX 1.41 6.78 9.16 7.46 0.0315


Debt-Short Term Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

HDFC Short Term Opportunities Fund 24-Jun-10 54.70 10.76% 11.78 2.73 5.03 9.85 NA 8.84 0.00 4.30 1 1 Birla Sun Life Short Term Fund 3-Mar-97 418.17 36.90% 39.98 2.38 4.95 10.00 8.60 9.51 0.01 1.98 2 1 Birla Sun Life Medium Term Plan 25-Mar-09 568.37 -35.02% 12.70 3.42 5.63 10.78 NA 7.78 0.01 1.71 3 2 Birla Sun Life Dynamic Bond Fund - Retail Plan 30-Sep-04 5348.06 48.83% 18.29 2.29 5.37 10.69 9.45 8.18 0.01 2.89 4 2 HDFC Short Term Plan 28-Feb-02 1102.71 29.73% 20.93 2.20 4.42 9.26 8.97 7.47 0.01 0.72 5 2 ICICI Prudential Short Term Plan 29-Oct-01 1806.40 64.63% 22.10 1.91 4.28 9.30 8.83 7.74 0.01 1.03 6 3 Reliance Short Term Fund 23-Dec-02 993.56 30.97% 20.19 2.10 4.56 9.12 8.75 7.71 0.01 0.31 7 4 UTI Short Term Income Fund 28-Jun-03 444.70 51.10% 18.70 2.27 4.90 10.47 8.55 7.25 0.01 2.13 8 4 HDFC High Interest Fund - Short Term Plan 7-Feb-02 1409.85 11.26% 21.36 2.06 4.48 9.39 9.04 7.63 0.01 0.75 9 4 ICICI Prudential Regular Savings Fund 3-Dec-10 1555.45 40.90% 11.33 2.00 4.39 9.37 NA 8.74 0.00 1.36 10 5 Reliance Regular Savings Fund - Debt - Retail 8-Jun-05 1540.12 39.38% 14.61 1.90 4.26 9.15 6.51 5.58 0.00 0.85 11 5 Axis Short Term Fund - Retail 2-Mar-10 216.35 -18.28% 11.69 2.36 4.43 9.13 NA 7.20 0.01 0.85 N.A N.A Canara Robeco InDiGo Fund 9-Jul-10 774.54 3.95% 12.42 1.62 2.75 14.13 NA 12.12 0.05 0.12 N.A N.A Canara Robeco Short Term Fund - Retail 31-Mar-09 139.39 -20.48% 12.48 2.56 4.74 9.57 NA 7.24 0.00 2.63 N.A N.A DSP BlackRock Short Term Fund 17-Sep-02 792.05 5.27% 18.47 2.17 4.22 8.87 7.32 6.50 0.00 0.64 N.A N.A Fidelity India Childrens Plan - Savings Fund 7-Feb-11 2.13 8.17% 10.98 1.89 3.76 7.63 NA 7.36 0.00 -1.85 N.A N.A Fidelity Short Term Income Fund 4-Dec-10 732.17 -4.69% 11.33 2.20 4.40 9.12 NA 8.75 0.01 0.94 N.A N.A Goldman Sachs Short Term Fund 4-Aug-10 6.15 2.89% 11.24 1.93 3.89 7.52 NA 6.60 0.00 -9.91 N.A N.A HSBC Income Fund - Short Term Plan 10-Dec-02 552.28 -6.65% 18.20 2.14 4.19 8.79 7.63 6.52 0.00 0.36 N.A N.A ICICI Prudential Corporate Bond Fund - Plan A 17-Sep-04 72.75 -78.78% 16.50 2.05 3.89 8.09 7.12 6.69 0.00 -1.60 N.A N.A IDBI Short Term Bond Fund 23-Mar-11 8.18 -69.67% 11.16 2.87 5.26 9.90 NA 9.61 0.01 2.64 N.A N.A IDFC Super Saver Income Fund - Medium Term - Plan A (Regular)

9-Jul-03 570.93 154.35% 18.54 2.19 5.02 10.68 9.05 7.16 0.01 3.04 N.A N.A

IDFC Super Saver Income Fund - Short Term - Plan A (Regular)

14-Dec-00 2197.58 59.74% 22.31 2.05 4.54 9.82 8.11 7.25 0.01 2.74 N.A N.A

Kotak Bond Short Term Plan 3-May-02 834.43 -11.76% 20.43 2.11 4.61 9.19 8.35 7.33 0.01 1.31 N.A N.A Kotak Credit Opportunities Fund 11-May-10 354.30 -11.30% 11.58 2.03 4.74 9.47 NA 7.41 0.01 1.96 N.A N.A Morgan Stanley Short Term Bond Fund - Regular 26-May-09 41.20 -17.50% 12.24 2.72 4.83 9.21 NA 6.94 0.00 1.80 N.A N.A Principal Income Fund - Short Term Plan 9-May-03 64.97 234.18% 19.08 2.38 4.92 9.99 8.58 7.38 0.01 1.96 N.A N.A SBI Short Horizon Debt Fund - Short Term Fund - Retail

27-Jul-07 249.85 -40.38% 14.06 2.30 4.68 8.67 NA 7.29 0.01 0.31 N.A N.A

Sundaram Flexible Fund - Short Term Plan 30-Dec-04 27.90 -26.95% 16.32 2.35 4.47 9.27 7.24 6.82 0.01 1.37 N.A N.A Tata Short Term Bond Fund 12-Aug-02 58.01 186.19% 20.01 2.40 4.58 9.14 8.09 7.32 0.01 0.63 N.A N.A Templeton India Income Opportunities Fund 11-Dec-09 3194.28 -13.78% 12.19 2.38 4.58 9.65 NA 8.35 0.01 1.90 N.A N.A Templeton India Low Duration Fund - Dividend - Monthly

7-Feb-00 1901.71 -4.31% 10.34 2.47 4.44 8.80 6.99 6.57 0.00 2.97 N.A N.A

Templeton India Short Term Income Plan 31-Jan-02 4833.25 3.41% 2170.38 2.46 4.56 9.60 9.29 7.78 0.01 2.03 N.A N.A

13

Peer Average 2.27 4.54 9.50 8.24 Crisil STBEX 2.07 4.37 9.00 7.49 0.0045


Floating Rate Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Canara Robeco Floating Rate - STP 7-Mar-05 195.28 9.58% 17.00 2.68 5.10 10.04 7.85 7.59 0.002 6.52 N.A N.A DSP BlackRock Income Opportunities Fund 14-May-03 254.58 -39.85% 17.28 2.15 4.06 8.66 7.05 6.22 0.004 -0.07 N.A N.A HDFC Floating Rate Income Fund - Long Term Plan

20-Jan-03 981.54 -2.94% 18.93 2.95 5.38 10.70 8.60 7.03 0.006 3.35 N.A N.A

HSBC Floating Rate Fund - Long Term Plan 16-Nov-04 402.26 -10.67% 16.57 2.42 4.62 8.96 7.33 6.93 0.001 0.90 N.A N.A IDFC Money Manager Fund - Investment Plan - Plan A - (Regular)

12-Aug-04 827.17 1.96% 16.53 2.75 4.63 9.51 7.16 6.64 0.006 1.83 N.A N.A

IDFC Money Manager Fund - Treasury Plan - Plan A - (Regular)

18-Feb-03 2741.88 -34.90% 17.38 2.32 4.45 8.90 6.76 6.13 0.001 0.50 N.A N.A

Kotak Floater - Long Term 13-Aug-04 3082.07 -16.47% 17.33 2.44 4.76 9.58 7.92 7.30 0.002 4.36 N.A N.A Kotak Floater - Short Term 14-Jul-03 990.23 -57.71% 17.86 2.58 4.99 9.74 7.44 6.74 0.000 20.20 N.A N.A Principal Debt Opportunities Fund - Conservative Plan

14-Sep-04 149.17 -55.43% 1729.08 2.63 5.03 9.85 7.73 7.36 0.001 7.69 N.A N.A

Principal Debt Opportunities Fund - Corporate Bond Plan

14-Sep-04 6.25 -63.96% 1695.08 2.11 4.40 8.87 7.38 7.08 0.006 0.15 N.A N.A

SBI Magnum Income Fund - Floating Rate Plan - LTP

19-Jul-04 4.81 -8.28% 16.53 2.72 5.24 10.16 7.29 6.59 0.004 4.38 N.A N.A

SBI Magnum Income Fund - Floating Rate Plan - Savings Plus Bond Plan

19-Jul-04 300.85 435.59% 16.96 2.80 5.25 10.15 7.67 6.94 0.002 5.78 N.A N.A

SBI Magnum InstaCash - Liquid Floater Plan 1-Oct-02 708.67 22.94% 1878.09 2.45 4.79 9.37 7.39 6.72 0.000 15.31 N.A N.A Tata Floater Fund 6-Sep-05 3086.39 -23.15% 16.34 2.58 4.92 9.74 7.85 7.56 0.002 5.18 N.A N.A Tata Floating Rate Fund - Long Term 26-Dec-03 2.22 -14.78% 15.94 3.06 5.35 9.94 6.36 5.60 0.013 0.95 N.A N.A Templeton Floating Rate Income Fund 2-Feb-02 736.29 -17.81% 19.89 2.68 4.91 9.40 7.72 6.88 0.002 3.03 N.A N.A

Peer Average 2.58 4.87 9.60 7.47 Crisil STBEX 2.07 4.37 9.00 7.49 0.0045

Liquid Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

UTI Liquid Cash Plan 28-Jun-03 10630.69 22.05% 1744.02 2.39 4.62 9.02 6.99 6.42 0.000 2.79 1 1 UTI Money Market Fund 23-Apr-97 2541.19 18.87% 3013.92 2.39 4.69 9.11 7.11 7.57 0.000 5.18 2 2 Reliance Liquid Fund - Cash Plan 7-Dec-01 595.80 -64.39% 17.66 2.49 4.82 9.51 5.87 5.57 0.000 16.49 3 2 HDFC Liquid Fund 17-Oct-00 8570.94 -15.71% 21.53 2.55 4.92 9.58 7.34 6.82 0.001 6.79 4 3 HDFC Cash Management Fund - Savings Plan 19-Nov-99 2082.93 -23.94% 22.79 2.63 5.00 9.66 7.50 6.79 0.001 7.58 5 3 ICICI Prudential Money Market Fund - Cash Plan 8-Mar-06 1483.42 229.77% 150.91 2.58 5.01 9.74 6.60 6.82 0.000 22.66 6 3 ICICI Prudential Liquid Plan 19-Jun-98 14378.54 -2.35% 259.65 2.36 4.55 8.83 6.85 7.07 0.000 -2.40 7 3 Birla Sun Life Floating Rate Fund - Short Term 5-Jun-03 3267.66 139.02% 179.47 2.56 4.94 9.63 7.47 6.72 0.000 17.11 8 4 Reliance Liquid Fund - Treasury Plan 23-Mar-98 6852.87 174.02% 25.93 2.39 4.67 9.18 7.19 6.93 0.000 9.51 9 4 Birla Sun Life Cash Plus - Retail 13-Jun-97 12501.70 -1.38% 286.44 2.41 4.67 9.09 6.97 7.28 0.000 4.04 10 5 Axis Liquid Fund - Retail 1-Mar-10 3487.08 -6.57% 1182.38 2.44 4.75 9.25 NA 7.72 0.000 9.74 N.A N.A Canara Robeco Liquid 15-Jan-02 2805.56 7.74% 1949.59 2.29 4.45 8.70 7.07 6.64 0.000 -6.85 N.A N.A DSP BlackRock Liquidity Fund 11-Mar-98 2993.79 -23.53% 25.82 2.51 4.87 9.49 6.87 6.89 0.000 15.76 N.A N.A Fidelity Cash Fund - Retail Plan 27-Nov-06 312.69 -32.98% 14.42 2.40 4.59 8.98 6.73 6.86 0.000 1.07 N.A N.A Goldman Sachs Liquid Exchange Traded Scheme (GS Liquid BeES)

8-Jul-03 470.49 6.34% 1000.00 1.52 3.12 6.07 5.05 5.06 0.000 -70.20 N.A N.A

HDFC Cash Management Fund - Call Plan 7-Feb-02 12.16 -0.34% 17.64 2.07 4.20 8.29 6.04 5.65 0.000 -20.69 N.A N.A HSBC Cash Fund 4-Dec-02 296.17 -23.33% 17.20 2.14 4.23 8.26 6.10 5.88 0.000 -22.42 N.A N.A ICICI Prudential Money Market Fund 7-Mar-02 1483.42 229.77% 172.98 2.40 4.74 9.08 6.01 5.50 0.001 1.24 N.A N.A IDBI Liquid Fund 9-Jul-10 3753.91 -10.71% 1170.74 2.55 4.98 9.73 NA 8.67 0.000 25.20 N.A N.A IDFC Cash Fund - Plan A - (Regular) 2-Jul-01 5675.99 -21.16% 1925.91 2.40 4.66 9.13 6.65 6.19 0.000 6.69 N.A N.A Kotak Floater - Short Term 14-Jul-03 990.23 -57.71% 17.86 2.58 4.99 9.74 7.44 6.74 0.000 20.20 N.A N.A Kotak Liquid 5-Oct-00 4632.97 -19.63% 20.79 2.33 4.46 8.65 6.74 6.48 0.000 -7.12 N.A N.A Morgan Stanley Liquid Fund 7-Sep-11 402.54 -14.07% 1071.48 2.56 4.98 NA NA 7.12 N.A N.A N.A N.A Principal Cash Management Fund 1-Sep-04 1451.64 34.70% 1696.88 2.55 4.98 9.69 7.42 7.06 0.000 23.50 N.A N.A Principal Retail Money Manager Fund 28-Dec-07 0.41 32.30% 1218.08 2.64 4.96 8.83 NA 4.56 0.001 -0.86 N.A N.A Reliance Liquidity Fund 15-Jun-05 8438.64 -35.00% 16.43 2.56 4.97 9.71 7.56 7.39 0.000 23.84 N.A N.A SBI Magnum InstaCash 21-May-99 1494.95 -8.21% 2414.89 2.49 4.80 9.40 7.19 6.98 0.000 13.87 N.A N.A SBI Magnum InstaCash - Liquid Floater Plan 1-Oct-02 708.67 22.94% 1878.09 2.45 4.79 9.37 7.39 6.72 0.000 15.31 N.A N.A SBI Premier Liquid Fund - Institutional 24-Nov-03 6673.99 -2.00% 1732.52 2.55 4.94 9.63 7.25 6.66 0.000 20.89 N.A N.A Sundaram Money Fund 7-Mar-00 1581.76 0.43% 21.71 2.09 4.06 7.88 6.37 6.53 0.000 -21.84 N.A N.A Sundaram Select Debt ST Asset Plan 5-Sep-02 29.98 582.96% 18.40 2.69 5.21 11.35 6.76 6.46 0.005 4.37 N.A N.A Tata Liquid Fund - HIP 27-Feb-03 5367.33 -11.43% 1796.94 2.46 4.73 9.23 7.20 6.53 0.000 9.12 N.A N.A Tata Liquid Fund - RIP 30-Aug-98 5367.33 -11.43% 2474.79 2.37 4.54 8.90 7.05 6.80 0.000 -0.90 N.A N.A

14

Liquid Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Tata Liquidity Management Fund 3-Mar-06 197.28 -18.79% 1473.16 2.93 5.37 9.65 6.11 6.40 0.002 4.03 N.A N.A Tata Money Market Fund 26-Dec-03 160.77 3.67% 17.33 2.42 4.63 9.01 7.29 6.73 0.001 1.48 N.A N.A Templeton India Cash Management Account 23-Apr-01 316.96 -15.60% 18.06 2.00 3.85 7.29 5.53 5.47 0.001 -27.37 N.A N.A Templeton India Treasury Management Account 29-Apr-98 4103.91 -16.98% 2658.59 2.43 4.69 9.13 7.06 7.18 0.001 3.58 N.A N.A

Peer Average 2.42 4.69 9.10 6.81 Crisil LiquiFex 2.34 4.54 8.76 6.82 0.0014 Crisil~LX 2.42 4.66 8.96 6.94 0.0004


Ultra Short Term Debt Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Birla Sun Life Floating Rate Fund - Long Term 5-Jun-03 539.41 209.75% 187.75 2.70 5.10 9.98 8.41 7.25 0.002 5.96 1 1 Birla Sun Life Ultra Short Term Fund - Retail 25-Apr-02 927.16 -21.60% 196.82 2.54 4.87 9.63 7.64 6.92 0.002 5.38 2 1 HDFC Cash Management Fund - Treasury Advantage Plan

19-Nov-99 15232.20 -8.61% 23.53 2.50 4.67 9.11 7.35 7.06 0.002 1.73 3 2

Birla Sun Life Savings Fund - Retail 3-Dec-01 3931.07 -26.08% 202.15 2.56 4.87 9.58 7.49 6.93 0.002 4.39 4 2 HDFC Floating Rate Income Fund - Short Term Plan - Retail

20-Jan-03 1078.53 -27.38% 18.35 2.65 4.84 9.31 7.49 6.67 0.002 2.36 5 2

ICICI Prudential Floating Rate Plan - Option A 4-Aug-04 1411.73 -30.10% 165.42 2.42 4.52 8.81 6.96 6.63 0.001 -0.20 6 3 UTI Treasury Advantage Fund 26-Jul-99 6688.10 -28.07% 2754.28 2.43 4.67 9.32 7.39 8.16 0.001 3.46 7 3 Birla Sun Life Cash Manager 18-May-98 3856.39 -19.55% 264.14 2.47 4.65 9.24 7.17 7.15 0.002 2.78 8 3 Reliance Medium Term Fund 25-Sep-00 2212.50 -22.86% 22.59 2.62 4.69 9.56 7.35 7.18 0.004 2.43 9 3 Reliance Money Manager Fund - Retail 21-Mar-07 7278.76 -16.93% 1468.15 2.50 4.73 9.31 7.53 7.65 0.002 3.19 10 4 UTI Floating Rate Fund - STP 31-Aug-03 1233.18 -25.02% 1758.52 2.40 4.49 8.66 7.73 6.66 0.002 -0.44 11 4 ICICI Prudential Flexible Income Plan Regular 18-Mar-09 8684.15 -22.32% 122.75 2.43 4.59 9.01 NA 6.60 0.001 1.20 12 4 ICICI Prudential Ultra Short Term Plan - Regular 12-Jun-09 197.68 34.57% 12.02 2.37 4.28 8.73 NA 6.40 0.003 -0.23 13 5 Reliance Floating Rate Fund - Short Term Plan 2-Sep-04 218.30 -47.81% 17.14 2.48 4.61 9.41 7.62 7.20 0.004 1.71 14 5 Axis Treasury Advantage Fund - Retail 3-Mar-10 1291.37 -14.85% 1180.59 2.37 4.57 9.14 NA 7.67 0.001 2.44 N.A N.A Birla Sun Life Short Term Opportunities Fund 21-May-03 65.55 -44.15% 17.09 2.90 5.13 10.00 7.74 6.02 0.004 2.18 N.A N.A Canara Robeco Treasury Advantage Fund - Retail

16-Sep-03 880.01 -2.97% 1772.85 2.38 4.59 9.00 7.39 6.79 0.001 1.67 N.A N.A

DSP BlackRock Money Manager Fund 31-Jul-06 1929.82 -22.78% 1486.24 2.40 4.54 8.99 6.98 7.02 0.001 1.35 N.A N.A DSP BlackRock Strategic Bond Fund 9-May-07 810.58 23.23% 1373.90 1.97 4.73 9.37 6.41 6.47 0.007 0.98 N.A N.A Fidelity Ultra Short Term Debt Fund - Retail 20-Sep-07 164.86 -36.49% 13.78 2.53 4.50 8.92 NA 7.07 0.003 0.75 N.A N.A HSBC Floating Rate Fund - Long Term Plan 16-Nov-04 402.26 -10.67% 16.57 2.42 4.62 8.96 7.33 6.93 0.001 0.90 N.A N.A HSBC Ultra Short Term Bond Fund - Regular 17-Oct-06 63.45 -36.98% 14.39 2.18 3.67 7.57 6.47 6.69 0.003 -3.83 N.A N.A ICICI Prudential Banking & PSU Debt Fund - Retail

6-Sep-10 582.33 -3.11% 11.48 2.46 4.70 8.95 NA 8.28 0.002 1.41 N.A N.A

ICICI Prudential Medium Term Plan - Regular 17-Jun-09 155.83 7.02% 12.03 2.65 4.60 9.12 NA 6.46 0.006 0.68 N.A N.A IDBI Ultra Short Term Fund 3-Sep-10 608.43 -34.35% 1164.13 2.53 4.91 9.74 NA 9.11 0.001 5.96 N.A N.A IDFC Money Manager Fund - Investment Plan - Plan A - (Regular)

12-Aug-04 827.17 1.96% 16.53 2.75 4.63 9.51 7.16 6.64 0.006 1.83 N.A N.A

IDFC Ultra Short Term Fund 17-Jan-06 1000.90 -28.44% 15.08 2.75 5.07 9.87 6.75 6.66 0.002 3.94 N.A N.A Kotak Flexi Debt 7-Dec-04 1388.87 -18.05% 16.74 2.25 4.44 8.99 7.21 7.11 0.002 1.52 N.A N.A Principal Bank CD Fund 13-Nov-07 13.59 -30.41% 1398.01 2.39 4.57 9.31 NA 7.60 0.005 1.36 N.A N.A SBI Short Horizon Debt Fund - Ultra Short Term Fund - Retail

27-Jul-07 5021.20 -19.44% 1402.46 2.57 4.88 9.59 NA 7.22 0.001 5.16 N.A N.A

Sundaram Ultra Short Term Fund - Retail 23-Apr-07 819.33 -48.02% 14.11 2.26 4.23 8.28 6.89 6.97 0.001 -3.09 N.A N.A Tata Treasury Manager Fund - RIP 13-Jul-07 6.51 -97.26% 1440.88 2.44 4.63 9.19 NA 7.76 0.001 2.74 N.A N.A Templeton India Ultra-short Bond Fund - Retail 20-Dec-07 2082.64 -12.99% 13.91 2.62 4.94 9.65 NA 7.69 0.002 4.38 N.A N.A



Arbitrage Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Birla Sun Life Enhanced Arbitrage Fund - Retail 24-Jul-09 1.03 -14.95% 11.78 2.27 3.26 7.36 NA 5.91 0.02 -0.03 N.A N.A

15

Arbitrage Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Goldman Sachs Derivative Fund 18-Dec-04 6.48 -14.28% 1582.54 2.54 4.16 7.09 5.99 6.35 0.02 -0.35 N.A N.A Goldman Sachs Equity & Derivatives Opportunities Fund (GSEDOF)

31-Oct-07 4.16 -35.68% 13.22 2.60 4.35 7.15 NA 6.28 0.02 -0.11 N.A N.A

HDFC Arbitrage Fund - Retail 30-Oct-07 36.38 -29.71% 13.67 2.71 4.54 8.22 NA 7.01 0.02 0.03 N.A N.A ICICI Prudential Blended Plan - Plan A 31-May-05 33.90 -9.98% 16.59 3.56 5.05 8.37 7.29 7.49 0.02 0.42 N.A N.A ICICI Prudential Blended Plan - Plan B - Option I 31-May-05 756.80 -6.59% 16.27 2.48 4.64 9.13 7.38 7.20 0.00 2.10 N.A N.A ICICI Prudential Equity and Derivatives Fund - Income Optimiser Plan

30-Dec-06 43.83 -6.78% 14.84 3.34 4.80 7.69 7.03 7.55 0.02 0.38 N.A N.A

IDFC Arbitrage Fund - Plan A - (Regular) 21-Dec-06 47.74 -17.14% 14.39 2.83 4.87 8.74 6.59 6.91 0.01 0.76 N.A N.A IDFC Arbitrage Plus Fund - Plan A - (Regular) 9-Jun-08 5.32 -25.25% 12.81 2.56 4.63 7.49 NA 6.43 0.01 -0.36 N.A N.A Kotak Equity Arbitrage Fund 29-Sep-05 113.73 -9.46% 16.13 2.94 4.69 8.53 7.32 7.43 0.02 -0.21 N.A N.A Reliance Arbitrage Advantage Fund 14-Oct-10 1.56 -5.47% 11.48 2.74 4.56 8.84 NA 8.86 0.02 0.64 N.A N.A SBI Arbitrage Opportunities Fund 3-Nov-06 243.25 224.64% 14.95 3.07 4.81 9.02 7.10 7.47 0.02 0.57 N.A N.A UTI SPrEAD Fund 6-Jul-06 31.70 -6.76% 15.64 2.57 4.50 9.24 7.76 7.83 0.01 0.64 N.A N.A


Capital-Protection Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Birla Sun Life Capital Protection Oriented Fund - 5 Year Plan

16-Aug-07 14.20 1.70% 12.88 -0.04 2.48 3.59 NA 5.19 0.03 -1.48 N.A N.A

Birla Sun Life Capital Protection Oriented Fund - Series 1

29-Mar-10 703.66 1.87% 11.12 0.78 3.28 5.60 NA 4.98 0.02 -1.63 N.A N.A


10-Jun-10 394.98 1.98% 10.59 0.25 2.97 5.01 NA 2.96 0.02 -1.17 N.A N.A


29-Jan-11 257.35 1.20% 9.96 -7.16 -2.58 -7.57 NA -0.29 0.19 -0.97 N.A N.A


24-Jan-11 78.18 1.71% 10.79 -0.33 2.32 4.15 NA 5.76 0.05 -0.99 N.A N.A


30-Mar-11 102.95 0.42% 9.61 -2.36 2.62 -0.85 NA -3.38 0.24 -0.82 N.A N.A


3-Jun-11 98.72 1.56% 10.52 -0.17 2.26 NA NA 5.21 N.A N.A N.A N.A


4-Oct-11 107.97 10.26% 10.22 -6.33 1.25 NA NA 2.17 N.A N.A N.A N.A

Canara Capital Protection Oriented Fund - Series 1 - 36 Months (Plan A)

8-Mar-11 37.66 2.40% 10.78 0.73 4.16 6.62 NA 6.09 0.02 -0.67 N.A N.A

Franklin Templeton Capital Protection Oriented Fund - 5 Year Plan

15-Jun-07 81.86 2.07% 14.09 -0.22 3.21 3.41 NA 7.14 0.04 -1.14 N.A N.A

ICICI Prudential Capital Protection Oriented Fund - Series I - 24 Months Plan

24-Jun-11 154.36 N.A 10.66 1.89 5.25 NA NA 6.52 N.A N.A N.A N.A

ICICI Prudential Capital Protection Oriented Fund - Series II - 24 Months Plan

3-Aug-11 159.76 N.A 10.65 1.99 5.49 NA NA 6.50 N.A N.A N.A N.A

ICICI Prudential Capital Protection Oriented Fund - Series III - 36 Months Plan

22-Jul-11 135.54 N.A 10.53 1.62 5.93 NA NA 5.19 N.A N.A N.A N.A

ICICI Prudential Capital Protection Oriented Fund - Series IV - 36 Months Plan

13-Oct-11 40.59 N.A 10.57 0.99 5.68 NA NA 5.60 N.A N.A N.A N.A

ICICI Prudential Capital Protection Oriented Fund - Series V - 60 Months Plan

21-Sep-11 72.46 N.A 10.72 0.72 7.18 NA NA 7.17 N.A N.A N.A N.A

IDFC Capital Protection Oriented Fund - Series 2 10-Jul-10 40.21 2.18% 10.78 0.49 3.59 5.35 NA 4.07 0.03 -0.96 N.A N.A IDFC Capital Protection Oriented Fund - Series 3 20-Aug-10 16.89 1.93% 10.63 0.46 3.26 4.67 NA 3.50 0.03 -1.28 N.A N.A IDFC Capital Protection Oriented Fund - Series I 31-Mar-10 149.65 2.15% 10.97 0.63 3.73 5.50 NA 4.36 0.03 -0.91 N.A N.A SBI Capital Protection Oriented Fund - Series I 21-Dec-07 226.64 2.20% 11.59 0.23 3.33 5.77 NA 3.37 0.04 -0.27 N.A N.A SBI Capital Protection Oriented Fund - Series II 11-Mar-11 112.75 2.60% 10.75 0.17 3.78 7.42 NA 6.08 0.04 0.06 N.A N.A SBI Capital Protection Oriented Fund - Series III 10-Oct-11 110.82 24.23% 10.54 0.69 4.17 NA NA 5.36 N.A N.A N.A N.A Sundaram Capital Protection Oriented Fund - Series 1 - 2 Year Plan

7-Jul-11 89.36 2.03% 10.62 1.10 3.76 NA NA 6.01 N.A N.A N.A N.A

Sundaram Capital Protection Oriented Fund - Series 1 - 5 Year Plan

24-Aug-07 8.38 1.86% 12.62 -0.08 2.14 2.52 NA 4.99 0.03 -2.17 N.A N.A

Sundaram Capital Protection Oriented Fund - Series 2 - 2 Year Plan

10-Aug-11 60.17 2.12% 10.51 0.62 3.21 NA NA 4.58 N.A N.A N.A N.A

Sundaram Capital Protection Oriented Fund - Series 2 - 3 Years Plan

23-Dec-10 314.29 1.66% 10.59 0.44 2.34 5.17 NA 3.86 0.02 -1.38 N.A N.A


17-Mar-11 66.56 2.20% 10.24 -0.79 2.33 2.97 NA 2.27 0.04 -1.50 N.A N.A


27-Apr-11 55.48 2.49% 10.61 0.69 3.70 6.23 NA 5.46 0.02 -1.13 N.A N.A


14-Oct-11 51.01 1.84% 10.44 1.36 3.36 NA NA 4.24 N.A N.A N.A N.A

16

Peer Average -0.06 3.36 3.86 NA CRISIL Fund~bX -4.18 5.42 -3.60 8.36 0.1233 Crisil MIPEX 0.81 5.02 6.48 6.93 0.0313

Fund of Funds


Linear Ranks

Fund Cluster Ranks


Date

AUM (Rs Cr)

***

Change in AUM


Sharpe ratio

Equity Oriented Birla Sun Life AAF - Aggressive Plan 4-Feb-04 13.26 -5.82% 31.34 -4.97 -0.35 -7.54 7.31 15.08 0.11 -0.90 N.A N.A FT India Dynamic PE Ratio Fund of Funds 6-Nov-03 1449.66 -3.73% 40.14 -4.60 2.70 -0.56 9.03 17.52 0.08 -0.46 N.A N.A FT India Life Stage Fund of Funds - The 20s Plan 16-Dec-03 10.92 3.06% 35.26 -6.22 2.76 -4.36 7.66 15.69 0.12 -0.55 N.A N.A ICICI Prudential Advisor Series - Aggressive Plan 22-Dec-03 6.98 1.12% 31.34 -3.88 3.06 2.86 6.62 14.22 0.09 -0.51 N.A N.A ICICI Prudential Advisor Series - Very Aggressive Plan

22-Dec-03 5.53 -5.65% 34.07 -5.17 1.71 -1.47 4.49 15.21 0.12 -0.74 N.A N.A

Kotak Equity FOF 12-Aug-04 34.43 0.73% 31.69 -8.05 1.32 -11.74 3.13 16.03 0.16 -0.95 N.A N.A

Peer Average -5.48 1.87 -3.80 6.37 S&P CNX Nifty -8.56 1.91 -11.44 2.77 0.1682 CRISIL Fund~eX -6.10 -6.10 -6.10 -6.10 0.0724

Hybrid Oriented Birla Sun Life AAF - Moderate Plan 4-Feb-04 7.96 -6.01% 27.60 -2.72 2.23 -2.27 7.91 13.33 0.07 -1.04 N.A N.A Fidelity Wealth Builder Fund - Plan C 24-Feb-09 31.28 -10.86% 14.82 -3.06 2.80 -1.36 NA 12.79 0.08 -0.74 N.A N.A FT India Life Stage Fund of Funds - The 30s Plan 16-Dec-03 7.48 1.80% 28.09 -3.55 3.03 0.20 8.11 12.73 0.08 -0.60 N.A N.A FT India Life Stage Fund of Funds - The 40s Plan 16-Dec-03 12.09 -0.04% 24.04 -1.32 4.17 2.83 8.73 10.72 0.06 -0.64 N.A N.A ICICI Prudential Advisor Series - Moderate Plan 22-Dec-03 5.87 1.76% 25.79 -2.21 4.03 4.13 6.82 11.65 0.07 -0.64 N.A N.A IDFC Monthly Income Plan 25-Feb-10 98.81 -24.56% 11.51 0.95 6.33 6.74 NA 6.41 0.04 -0.62 N.A N.A IDFC Asset Allocation Fund of Funds - Conservative AA Plan

11-Feb-10 43.28 -21.82% 11.55 1.43 5.28 7.76 NA 6.45 0.02 -0.75 N.A N.A

IDFC Asset Allocation Fund of Funds - Moderate AA Plan

11-Feb-10 120.89 -22.51% 11.81 0.39 5.06 6.80 NA 7.50 0.04 -0.51 N.A N.A

IDFC Asset Allocation Fund of Funds - Aggressive AA Plan

11-Feb-10 142.61 -17.09% 11.66 -1.02 4.46 3.48 NA 6.89 0.08 -0.71 N.A N.A

Peer Average -1.24 4.15 3.14 7.89 Crisil BalanceEx -4.75 3.34 -4.11 5.35 0.1290 Crisil MIPEX 0.81 5.02 6.48 6.93 0.0313

Debt Oriented Birla Sun Life AAF - Conservative Plan 4-Feb-04 6.73 3.66% 21.58 -0.14 4.29 3.62 7.92 9.80 0.04 -0.91 N.A N.A Fidelity Wealth Builder Fund - Plan A 24-Feb-09 18.91 -13.30% 12.40 0.27 4.45 4.97 NA 6.82 0.03 -0.97 N.A N.A Fidelity Wealth Builder Fund - Plan B 24-Feb-09 22.86 -14.36% 13.44 -1.16 3.73 2.37 NA 9.49 0.05 -0.88 N.A N.A FT India Life Stage FOF - 50s Plus Floating Rate Plan

9-Jul-04 95.01 -19.52% 20.65 0.15 4.25 5.20 7.85 9.68 0.03 -0.71 N.A N.A

FT India Life Stage Fund of Funds - The 50s Plus Plan

16-Dec-03 13.34 -18.18% 19.67 -0.43 4.62 4.32 8.03 8.22 0.04 -0.67 N.A N.A

ICICI Prudential Advisor Series - Cautious Plan 22-Dec-03 3.32 7.69% 19.86 -0.33 3.60 6.68 6.93 8.23 0.04 -1.03 N.A N.A ICICI Prudential Advisor Series - Very Cautious Plan

22-Dec-03 8.11 -77.29% 16.49 1.74 4.85 7.97 6.32 6.07 0.01 -0.62 N.A N.A

IDFC All Seasons Bond Fund - Plan A - (Regular) 14-Sep-04 6.59 27.49% 16.88 2.35 4.49 9.03 7.79 7.02 0.01 0.65 N.A N.A

Peer Average 0.31 4.28 5.52 7.47 Crisil CompBex 1.79 4.71 8.91 6.82 0.0090 CRISIL Fund~dX 2.14 5.58 9.77 7.49 0.0098

Others Reliance Gold Savings Fund 7-Mar-11 2120.20 6.30% 13.63 0.43 -0.26 26.77 NA 28.51 0.1910 -0.1936 N.A N.A ICICI Prudential Regular Gold Savings Fund 12-Oct-11 68.18 45.23% 10.64 -0.09 -0.45 NA NA 6.53 N.A N.A N.A N.A Axis Gold Fund 20-Oct-11 59.62 79.83% 11.01 2.10 1.44 NA NA 10.08 N.A N.A N.A N.A Kotak Gold Fund 25-Mar-11 463.91 7.79% 13.52 0.63 -1.18 25.58 NA 28.97 0.1870 -0.0567 N.A N.A

Peer Average 0.77 -0.11 26.18 NA

* compounded annualised *** Indicates the quarterly average AUM disclosed by the Fund Houses as of January-March 2012 Ranks are as of quarter-ended May 2012 Risk ratios for long term categories are for a period of 2 yrs; risk free rate: 7.61% Risk ratios for short term categories are for a period of 1 yr; risk free rate: 8.54% SI = Since Inception

17

Portfolio Analysis – Equity

Diversified Equity Funds

Scheme Name PE

Ratio

Portfolio Composition May 2012 Expense

Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding

Top Sector % Top Sector

Equity %

Debt %

Cash* %

Birla Sun Life Advantage Fund 22.72 39.63 ICICI Bank 6.53 Banks 20.29 99.12 0.00 0.88 2.33 1.00 Birla Sun Life Buy India Fund 25.50 39.70 HDFC Ltd 6.11 Consumer Non Durables 19.88 99.10 0.00 0.90 2.50 1.00 Birla Sun Life Equity Fund 20.05 34.65 ICICI Bank 4.97 Banks 18.12 97.93 0.00 2.06 2.09 1.00 Birla Sun Life India GenNext Fund 27.05 33.16 HDFC Bank 4.46 Consumer Non Durables 25.00 92.02 0.00 7.98 2.50 1.00 Birla Sun Life India Opportunities Fund - Plan B

18.72 55.33 Hexaware Tech 9.41 Software 43.32 96.99 0.00 3.01 2.50 1.00

Birla Sun Life Special Situations Fund 21.55 36.40 HDFC Bank 4.97 Banks 15.66 91.16 0.00 8.84 2.36 1.00 Canara Robeco Equity Diversified 19.91 41.18 Infosys 6.16 Banks 21.50 92.63 0.00 7.37 2.28 1.00 DSP BlackRock Equity Fund 24.85 32.24 BPCL 4.94 Banks 14.03 95.87 0.04 4.08 1.75 1.00 DSP BlackRock Opportunities Fund 21.51 35.25 ICICI Bank 4.56 Banks 19.32 97.18 0.12 2.70 2.00 1.00 Fidelity India Special Situations Fund 18.22 39.75 NSE Ltd 9.84 Finance 21.07 95.69 0.04 4.28 NA 1.00 Franklin India Flexi Cap Fund 19.94 48.72 Bharti Airtel 8.96 Banks 21.72 91.63 0.00 8.37 1.93 1.00 Franklin India High Growth Companies Fund 21.11 46.62 Bharti Airtel 8.91 Banks 18.74 90.00 0.00 10.00 2.21 1.00 Franklin India Opportunities Fund 20.80 40.32 HDFC Bank 5.41 Banks 18.59 94.77 0.00 5.23 2.33 1.00 Franklin India Prima Plus 21.05 44.26 Infosys 7.37 Banks 19.57 94.65 0.06 5.30 2.16 1.00 HDFC Capital Builder Fund 19.16 46.49 TCS 5.55 Banks 19.25 97.30 0.26 2.44 2.23 1.00 HDFC Core and Satellite Fund 17.68 51.68 TCS 8.72 Banks 16.55 94.69 0.00 5.31 2.30 1.00 HDFC Equity Fund 19.38 44.31 SBI 9.63 Banks 19.39 99.04 0.00 0.96 1.78 1.00 HDFC Growth Fund 18.17 54.85 Infosys 8.09 Banks 14.55 97.83 0.00 2.17 1.98 1.00 HDFC Long Term Equity Fund 17.11 57.50 ICICI Bank 8.92 Banks 17.26 96.37 0.00 3.63 2.16 1.00 HDFC Premier MultiCap Fund 19.48 45.27 TCS 8.22 Banks 14.12 97.88 0.00 2.12 2.27 1.00 HSBC Unique Opportunities Fund 17.27 43.70 HDFC Bank 5.33 Banks 24.14 94.32 0.00 5.68 2.50 1.00 IDBI India Top 100 Equity Fund - Growth 17.29 19.22 Axis Bank Ltd. 3.34 Banks 8.82 23.40 0.00 76.59 NA 1.00 ICICI Prudential Dynamic Plan 18.59 56.84 Infosys 10.43 Software 17.82 90.07 0.00 9.90 1.82 1.00 ICICI Prudential Services Industries Fund 17.81 62.18 Infosys 10.48 Software 35.53 96.26 0.00 3.72 2.39 1.00 IDBI India Top 100 Equity Fund 17.30 19.22 Axis Bank 3.34 Banks 8.82 23.40 0.00 76.59 NA 1.00 IDFC Classic Equity Fund - Plan A 21.07 44.50 ITC 6.56 Banks 20.79 97.42 0.00 2.58 2.38 1.00 IDFC India GDP Growth Fund 18.89 46.94 HCL Tech 7.05 Banks 19.59 96.82 0.00 3.18 2.50 1.00 Kotak Contra 18.45 41.33 ITC 7.45 Banks 21.20 91.05 3.25 5.70 2.50 1.00 Kotak Opportunities 21.35 41.26 ITC 5.87 Banks 23.86 93.81 1.20 4.98 2.08 1.00 Kotak Select Focus Fund 21.33 38.91 Infosys 6.18 Banks 24.88 94.97 1.02 4.00 2.43 1.00 Morgan Stanley A.C.E. Fund 20.35 39.31 ICICI Bank 6.08 Banks 21.74 93.85 0.00 6.15 2.34 1.00 Morgan Stanley Growth Fund 22.89 48.60 HDFC Bank 7.97 Banks 22.68 97.20 1.06 1.74 1.99 1.00 Principal Dividend Yield Fund 15.44 33.89 NIIT Tech 4.82 Banks 16.80 99.62 0.00 0.38 2.49 1.00 Principal Growth Fund 18.95 36.02 ITC 5.92 Banks 18.44 95.18 0.00 4.78 2.38 1.00 Principal Services Industries Fund 16.83 64.69 ICICI Bank 9.00 Banks 25.77 94.14 0.00 5.85 2.50 1.00 Reliance Equity Fund 19.23 43.06 Divis Lab 5.98 Software 14.80 97.42 0.00 2.58 0.80 1.00 Reliance Equity Opportunities Fund 21.75 41.23 Divis Lab 7.11 Software 16.40 95.75 0.00 4.24 0.81 1.00 Reliance Growth Fund 19.23 40.46 HCL Tech 5.14 Pharma 16.65 93.29 0.00 6.71 1.79 1.00 Reliance Regular Savings Fund - Equity 19.89 34.27 SBI 5.36 Banks 14.88 95.36 0.00 4.64 1.84 1.00 Reliance Vision Fund 25.12 58.06 SBI 8.70 Pharma 18.91 98.37 0.00 1.63 1.86 1.00 SBI Magnum COMMA Fund 13.40 54.92 ONGC 8.22 Fertilisers 17.81 95.82 0.00 4.18 2.31 1.00 SBI Magnum MultiCap Fund 21.62 42.68 ICICI Bank 6.86 Banks 17.09 96.82 0.00 3.18 2.31 1.00 SBI Magnum Multiplier Plus Scheme 1993 21.21 46.16 Blue Dart Express 6.51 Banks 21.01 95.22 0.00 4.78 2.02 1.00 SBI Magnum Sector Umbrella - Contra Fund 21.90 45.44 ICICI Bank 8.78 Software 13.06 94.30 0.00 5.70 1.86 1.00 SBI One India Fund 20.35 40.16 Yes Bank 5.08 Banks 14.73 95.30 0.00 4.67 2.26 1.00 Sundaram Equity Multiplier Fund 18.12 57.40 Cesc 8.50 Pharma 20.50 97.20 0.00 2.70 2.34 4.00 Sundaram Growth Fund 19.08 39.20 ITC 4.60 Banks 13.70 92.00 0.10 7.90 2.39 1.00 Sundaram Rural India Fund 21.70 43.50 GSFC 6.70 Consumer Non Durables 27.50 93.70 0.10 5.90 2.38 1.00 Tata Contra Fund 20.62 50.61 HDFC Bank 7.25 Banks 14.77 99.60 0.00 0.40 2.49 1.00 Tata Equity Opportunities Fund - B Appreciation

20.93 53.38 Infosys 8.87 Software 18.20 99.58 0.00 0.42 2.33 1.00

Tata Equity PE Fund 18.41 37.87 Cairn India 5.29 Software 12.05 98.75 0.00 1.25 2.17 1.00 Tata Ethical Fund 19.39 57.41 Infosys 8.70 Software 16.13 91.73 0.00 8.27 2.46 1.00 Tata Service Industries Fund 17.60 55.70 CRISIL 7.98 Software 26.15 99.69 0.00 0.31 2.49 1.00 Templeton India Growth Fund 14.94 61.62 Tata Chemicals 10.68 Finance 15.12 98.75 0.00 1.25 2.15 1.00 UTI Dividend Yield Fund 16.32 38.61 ICICI Bank 6.50 Banks 23.70 89.41 4.99 5.57 1.84 1.00 UTI Equity Fund 21.42 40.37 ITC 5.84 Banks 21.31 95.77 1.92 2.29 1.90 1.00 UTI India Lifestyle Fund 23.94 43.92 HUL 7.52 Banks 19.46 91.07 1.42 7.50 2.06 1.00 UTI MNC Fund 28.31 50.53 HUL 8.12 Consumer Non Durables 21.56 92.82 0.75 6.43 2.38 1.00 UTI-Services Industries Fund 17.48 61.71 Infosys 9.16 Software 37.89 97.01 0.77 2.22 2.35 1.00


Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life Frontline Equity Fund 19.76 38.37 ICICI Bank 5.17 Banks 17.77 93.97 0.00 6.03 1.85 1.00 Birla Sun Life Top 100 Fund 20.38 37.37 ICICI Bank 5.71 Banks 18.19 91.65 0.00 8.35 2.33 1.00 Canara Robeco Large Cap+ Fund 19.70 49.26 HDFC Bank 7.37 Banks 21.32 95.87 0.00 4.13 2.38 1.00

18


Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

DSP BlackRock Focus 25 Fund 22.99 61.66 Nifty 10.83 Banks 19.49 97.03 0.00 2.97 2.00 1.00 DSP BlackRock Top 100 Equity Fund 24.20 62.25 Nifty 15.65 Finance 19.26 95.87 0.00 4.13 1.75 1.00 Fidelity Equity Fund 20.66 45.13 ITC 6.32 Banks 19.45 92.18 0.04 7.78 NA 1.00 Fidelity India Growth Fund 20.55 47.55 ITC 6.39 Banks 21.41 93.04 0.05 6.91 NA 1.00 Franklin India Bluechip Fund 18.86 46.42 Infosys 7.50 Banks 22.45 93.11 0.02 6.87 1.82 1.00 HDFC Index Fund - Sensex Plus Plan 19.92 53.79 ITC 7.55 Banks 17.34 97.36 0.00 2.64 1.00 1.00 HDFC Top 200 Fund 19.17 45.44 SBI 8.96 Banks 22.66 98.52 0.00 1.48 1.77 1.00 HSBC Dynamic Fund 19.96 43.61 HDFC Bank 6.10 Banks 19.10 87.53 0.00 12.47 2.50 1.00 HSBC Equity Fund 20.70 50.65 HDFC Bank 7.43 Banks 21.32 98.93 0.00 1.07 2.19 1.00 HSBC India Opportunities Fund 20.16 42.22 Bosch 7.50 Banks 17.39 87.05 0.00 12.95 2.38 1.00 ICICI Prudential Focused Bluechip Equity Fund

19.11 56.77 HDFC Bank 7.94 Banks 21.68 92.79 0.00 7.21 1.82 1.00

ICICI Prudential Target Returns Fund - Retail

22.01 67.66 ITC 9.49 Banks 20.73 96.40 0.00 3.60 2.42 1.00

ICICI Prudential Top 100 Fund 19.08 67.04 Infosys 10.33 Software 19.31 94.24 0.00 5.76 2.33 1.00 ICICI Prudential Top 200 Fund 20.11 52.99 ITC 8.50 Banks 16.85 92.45 0.00 7.54 2.26 1.00 IDFC Equity Fund 20.57 55.13 HDFC Bank 7.07 Banks 19.70 93.61 0.00 6.39 2.29 1.00 IDFC Imperial Equity Fund - Plan A 18.35 48.53 ICICI Bank 7.01 Banks 21.48 97.10 0.00 2.90 2.29 1.00 Kotak 50 18.96 52.31 Infosys 9.62 Banks 21.34 96.94 0.00 3.06 2.10 1.00 Principal Large Cap Fund 19.22 50.76 RIL 7.28 Banks 19.51 93.05 0.00 6.95 2.31 1.00 Reliance Quant Plus Fund 20.20 71.40 Infosys 11.03 Banks 21.64 98.91 0.00 1.08 2.42 1.00 Reliance Top 200 Fund 20.56 46.28 Infosys 6.93 Banks 15.41 98.59 0.00 1.41 2.06 1.00 SBI Blue Chip Fund 22.16 42.87 HDFC Bank 6.22 Banks 16.32 91.39 0.16 8.45 2.17 NA SBI Magnum Equity Fund 20.89 53.00 ICICI Bank 8.99 Banks 19.13 91.79 0.75 7.46 2.24 1.00 Sundaram India Leadership Fund 19.06 38.80 ITC 4.60 Banks 13.30 91.30 0.10 8.60 2.42 1.00 Sundaram Select Focus 19.13 37.20 ICICI Bank 5.80 Banks 16.70 85.60 0.00 14.40 2.10 1.00 Tata Pure Equity Fund 21.43 43.59 HDFC Bank 5.89 Banks 17.82 98.17 0.00 1.83 2.21 1.00 UTI Contra Fund 17.75 48.34 ITC 6.97 Banks 24.15 96.18 0.09 3.73 2.39 1.00 UTI Leadership Equity Fund 20.06 52.23 ITC 7.59 Banks 24.90 96.98 1.83 1.18 2.17 1.00 UTI Master Plus Unit Scheme 20.67 47.91 ITC 7.31 Banks 22.16 97.20 1.36 1.44 2.09 1.00 UTI Mastershare Unit Scheme 20.07 49.30 ITC 6.60 Banks 21.02 95.93 2.60 1.47 1.87 1.00 UTI Opportunities Fund 23.69 43.28 ITC 6.58 Banks 18.47 88.88 2.57 8.55 1.94 1.00 UTI Top 100 Fund 19.76 49.96 ITC 7.54 Banks 17.22 91.59 2.15 6.26 2.18 1.00

Mid Cap Equity Funds

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life Dividend Yield Plus 17.47 26.66 ITC 4.02 Banks 17.86 93.50 0.00 6.50 2.07 1.00 Birla Sun Life Midcap Fund 21.16 32.79 Divis Lab 4.64 Consumer Non Durables 15.68 95.17 0.00 4.83 1.94 1.00 Birla Sun Life MNC Fund 27.01 47.68 ICRA 6.64 Consumer Non Durables 19.99 99.66 0.00 0.34 2.35 1.00

Birla Sun Life Pure Value Fund 17.69 41.30 GSK Consumer Healthcare

5.54 Banks 26.25 94.01 0.00 5.99 2.50 1.00

Birla Sun Life Small & Midcap Fund 18.48 28.74 WABCO India 4.80 Consumer Non Durables 11.58 95.21 0.00 4.79 2.43 1.00 Canara Robeco Emerging Equities 20.47 31.86 Orient Paper & Ind 3.77 Banks 14.56 93.17 0.00 6.83 2.50 1.00 DSP BlackRock Micro Cap Fund - Regular 17.77 41.63 Karur Vysya Bank 5.82 Pharma 11.61 93.98 0.00 6.02 2.00 1.00 DSP BlackRock Small and Midcap Fund 25.90 30.26 Godrej Ind 3.92 Consumer Non Durables 13.01 95.95 0.04 4.01 1.75 1.00 Franklin India Prima Fund 19.94 36.58 Ipca Lab 5.26 Banks 13.46 93.02 0.00 6.98 2.16 1.00 Franklin India Smaller Companies Fund 16.90 43.09 Ipca Lab 6.40 Pharma 12.78 95.59 0.00 4.41 2.32 1.00 HDFC Mid-Cap Opportunities Fund 18.07 28.78 Carborundum Universal 3.91 Banks 15.93 94.16 0.00 5.84 1.95 1.00 HSBC Midcap Equity Fund 13.74 53.25 Bombay Dyeing 7.95 Banks 19.11 99.96 0.00 0.04 2.47 1.00 HSBC Small Cap Fund 10.94 57.14 Rane Holdings 8.68 Consumer Durables 15.75 99.97 0.00 0.03 2.50 1.00 ICICI Prudential Discovery Fund 17.65 36.68 RIL 4.69 Pharma 15.68 91.56 0.00 8.44 1.92 1.00 ICICI Prudential MidCap Fund 15.79 46.12 NATCO Pharma 9.02 Software 23.16 94.10 0.00 5.88 2.34 1.00 IDFC Premier Equity Fund - Plan A 28.89 39.73 Nifty 7.80 Consumer Non Durables 20.47 79.50 3.60 16.90 1.88 1.00 IDFC Sterling Equity Fund 24.58 41.43 Nestle India 5.27 Consumer Non Durables 15.65 91.82 0.33 7.83 2.02 1.00 Kotak Emerging Equity 20.76 37.40 Torrent Pharma 4.82 Consumer Non Durables 16.15 98.12 0.00 1.88 2.50 1.00

Kotak Midcap 21.70 30.27 Motherson Sumi Systems

3.94 Banks 19.31 98.48 0.00 1.52 2.33 1.00

Principal Emerging Bluechip Fund 22.88 30.37 GSK Consumer Healthcare

4.42 Consumer Non Durables 14.17 98.73 0.00 1.27 2.34 1.00

Reliance Long Term Equity Fund 13.41 39.13 Divis Lab 4.91 Pharma 11.71 93.25 0.00 6.75 1.98 1.00 Reliance Small Cap Fund 11.14 34.10 FAG Bearings 5.38 Software 13.27 90.20 0.00 9.80 2.22 2.00 SBI Magnum Global Fund 23.13 37.54 Eicher Motors 4.36 Finance 16.27 93.56 0.00 6.44 2.07 1.00

SBI Magnum Midcap Fund 21.93 50.29 Motherson Sumi Systems

6.99 Pharma 14.48 95.33 0.00 4.66 2.37 1.00

SBI Magnum Sector Umbrella - Emerging Business Fund

26.42 53.65 Page Industries 6.81 Finance 21.35 91.65 0.00 8.17 2.21 1.00

Sundaram S M I L E Fund 18.45 40.80 Shasun Pharma 6.40 Banks 12.80 98.90 0.00 1.10 2.22 1.00 Sundaram Select Midcap 16.36 39.20 Ipca Lab 6.40 Auto Ancillaries 12.70 96.00 0.00 3.60 1.88 1.00 Tata Dividend Yield Fund 23.86 44.08 Infosys 7.25 Software 14.64 97.24 0.00 2.76 2.36 1.00 Tata Growth Fund 24.00 36.34 Divis Lab 4.72 Pharma 14.61 97.21 0.00 2.79 2.50 1.00 UTI Master Value Fund 16.08 29.35 ICICI Bank 5.52 Banks 17.43 95.19 0.92 3.89 2.17 1.00

19

Mid Cap Equity Funds

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

UTI Thematic - Mid Cap Fund 18.74 30.71 Eicher Motors 7.09 Pharma 13.99 95.74 0.09 4.17 2.33 1.00

Equity Linked Savings Plans

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life Tax Plan 21.32 39.03 TCS 6.13 Banks 16.54 98.76 0.00 1.24 2.43 NA Birla Sun Life Tax Relief 96 21.28 39.39 TCS 6.11 Banks 16.49 99.01 0.00 0.99 1.96 NA Canara Robeco Equity Tax Saver 20.96 39.48 Infosys 6.27 Banks 21.92 95.08 0.00 4.92 2.33 NA DSP BlackRock Tax Saver Fund 20.84 32.51 ICICI Bank 5.59 Banks 18.65 97.65 0.10 2.26 1.75 NA Fidelity Tax Advantage Fund 20.79 41.17 ITC 6.04 Banks 18.20 87.78 0.04 12.18 NA NA Franklin Taxshield Fund 20.83 43.83 Infosys 7.40 Banks 19.22 92.69 0.03 7.28 2.11 NA HDFC Long Term Advantage Fund 20.64 51.26 TCS 7.00 Banks 14.79 96.15 0.17 3.68 2.07 NA HDFC Tax Saver Fund 20.76 39.35 SBI 6.83 Banks 15.79 91.01 0.33 8.66 1.84 NA HSBC Tax Saver Equity Fund 20.60 44.05 HDFC Bank 6.74 Banks 20.15 96.62 0.00 3.38 2.37 NA ICICI Prudential Tax Plan 16.40 48.06 Infosys 10.16 Software 16.90 94.48 0.00 5.52 1.98 NA IDFC Tax Advantage (ELSS) Fund 17.42 43.73 HCL Tech 4.84 Banks 16.12 93.40 0.00 6.60 2.44 NA Kotak Tax Saver Scheme 19.85 39.18 Infosys 6.31 Banks 23.74 98.33 0.00 1.67 2.25 NA Principal Personal Tax Saver 19.28 51.55 RIL 7.33 Banks 19.73 93.66 0.00 6.32 2.27 NA Principal Tax Saving Fund 18.95 36.33 ITC 5.97 Banks 18.42 95.03 0.00 4.97 1.90 NA Reliance Tax Saver Fund 25.01 43.98 Eicher Motors 7.59 Auto 15.30 99.34 0.00 0.65 1.89 NA SBI Magnum Tax Gain Scheme 1993 21.81 36.75 HDFC Bank 6.24 Banks 17.57 96.11 0.00 3.85 1.81 NA Sundaram Taxsaver 17.03 34.90 BHEL 4.00 Banks 13.40 95.80 0.00 4.00 1.95 NA Tata Tax Saving Fund 22.57 43.62 HDFC Bank 5.85 Banks 19.01 96.48 0.00 3.52 2.44 NA UTI Equity Tax Saving Plan (ETSP) 20.33 47.06 ITC 7.54 Banks 18.96 95.17 2.37 2.46 2.26 NA

Infrastructure

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life Infrastructure Fund 16.31 42.25 ICICI Bank 8.73 Banks 22.12 98.24 0.00 1.76 2.30 1.00 Canara Robeco Infrastructure 14.75 40.26 Power Grid Corp 5.99 Cement 14.82 89.61 0.00 10.39 2.43 1.00 DSP BlackRock India T.I.G.E.R. Fund 15.56 42.23 L&T 7.39 Banks 23.72 95.68 0.00 4.32 1.75 1.00 DSP BlackRock Natural Resources and New Energy Fund

13.80 51.78 RIL 8.44 Petroleum Products 27.97 95.05 0.00 4.95 2.15 1.00

Franklin Build India Fund 18.72 47.75 ONGC 7.67 Banks 18.51 92.75 0.00 7.25 2.50 1.00 HDFC Infrastructure Fund 14.48 63.24 SBI 9.27 Banks 38.97 97.34 0.00 2.66 2.05 1.00 HSBC Progressive Themes Fund 14.60 50.75 FAG Bearings 8.42 Banks 24.39 99.78 0.00 0.22 2.39 1.00 ICICI Prudential Infrastructure Fund 13.98 52.40 RIL 8.11 Banks 18.20 90.37 0.00 9.62 1.89 1.00 IDFC Infrastructure Fund 14.69 66.57 L&T 12.36 Power 30.17 91.52 0.00 8.48 2.49 1.00 Reliance Diversified Power Sector Fund 13.03 44.72 Cummins India 5.47 Power 25.28 92.53 0.00 7.47 1.85 1.00 Reliance Infrastructure Fund - Retail 12.39 41.44 Jindal Saw 4.86 Construction 28.47 91.15 0.00 8.85 2.08 1.00 SBI Infrastructure Fund - Series I 15.00 54.74 ONGC 7.40 Banks 17.22 94.70 0.00 5.30 2.19 1.00 Sundaram CAPEX Opportunities Fund 14.12 40.20 L&T 5.70 Industrial Capital Goods 37.10 91.20 0.00 8.70 2.32 1.00 Sundaram Select Thematic Funds Energy Opportunities

11.66 58.20 Cairn India 8.10 Gas 21.50 98.60 0.00 1.30 2.03 1.00

Tata Infrastructure Fund 14.93 43.88 HDFC Bank 6.85 Banks 18.90 97.76 0.00 2.24 1.86 1.00 UTI Infrastructure Fund 15.29 44.58 L&T 7.77 Banks 20.07 97.38 1.52 1.09 1.87 1.00

Thematic Funds

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life New Millennium Fund 18.03 94.19 Infosys 32.16 Software 81.39 98.86 0.00 1.14 2.50 1.00 Canara Robeco F.O.R.C.E Fund - Retail 21.29 52.46 HDFC Bank 9.71 Banks 47.71 91.68 0.00 8.32 2.39 1.00 DSP BlackRock Technology Fund 19.38 95.22 Infosys 32.22 Software 83.12 96.40 0.00 3.60 2.49 1.00 Franklin Infotech Fund 19.22 96.20 Infosys 42.76 Software 96.20 96.20 0.00 3.80 2.47 1.00 Goldman Sachs Banking Index Exchange Traded Scheme (GS Bank BeES)

16.34 96.18 HDFC Bank 26.75 Banks 99.19 99.19 0.00 0.81 0.50 NA

Goldman Sachs PSU Bank Exchange Traded Scheme (GS PSU Bank BeES)

8.65 96.30 SBI 49.16 Banks 99.64 99.64 0.00 0.36 0.74 NA

ICICI Prudential Banking and Financial Services Fund - Retail

14.19 78.60 HDFC Bank 23.12 Banks 82.59 98.11 0.00 1.88 2.42 1.00

ICICI Prudential FMCG Fund 30.38 89.34 ITC 35.75 Consumer Non Durables 63.32 89.34 0.00 10.66 2.44 1.00 ICICI Prudential Technology Fund 16.13 95.95 Infosys 41.24 Software 96.63 96.63 0.00 3.37 2.49 1.00 IDFC Strategic Sector (50-50) Equity Fund - Plan A

25.94 44.82 HUL 5.64 Consumer Non Durables 17.20 88.81 0.00 11.19 2.50 1.00

20

Thematic Funds

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Reliance Banking Exchange Traded Fund 16.39 93.86 HDFC Bank 26.20 Banks 96.78 96.78 0.00 3.21 0.35 NA Reliance Banking Fund 11.08 77.52 ICICI Bank 17.77 Banks 79.73 95.66 0.00 4.34 1.92 1.00 Reliance Media and Entertainment Fund 16.98 95.29 Zee Entertainment 14.00 Media & Entertainment 69.98 95.29 0.00 4.71 2.50 1.00 Reliance Natural Resources Fund 12.56 56.43 BPCL 9.53 Foreign Securities 27.58 99.18 0.00 0.82 1.89 1.00 Reliance Pharma Fund 21.56 69.29 Divis Lab 12.88 Pharma 93.56 98.36 0.00 1.64 2.21 1.00 SBI Magnum Sector Umbrella - FMCG Fund 36.98 95.97 ITC 44.01 Consumer Non Durables 85.58 99.65 0.00 0.35 2.50 1.00 SBI Magnum Sector Umbrella - Infotech Fund

19.00 97.48 Infosys 42.88 Software 94.86 97.48 0.00 2.52 2.50 1.00

SBI Magnum Sector Umbrella - Pharma Fund

24.63 87.13 Dr. Reddys Lab 13.94 Pharma 97.49 97.49 0.00 2.49 2.50 1.00

SBI PSU Fund 11.05 63.52 Coal India 10.19 Banks 22.73 98.03 0.00 1.97 2.31 1.00 Sundaram Equity Plus Fund 18.27 36.50 ICICI Bank 5.70 MF Units 22.60 90.50 0.00 9.40 2.41 1.00 Sundaram Select Thematic Funds Entertainment Opportunities

24.04 75.60 PVR 16.20 Media & Entertainment 62.00 97.30 0.00 2.70 2.49 1.00

Sundaram Select Thematic Funds Financial Services Opportunities

10.85 66.50 ICICI Bank 11.20 Banks 80.70 94.60 0.00 5.40 2.35 1.00

Sundaram Select Thematic Funds PSU Opportunities

9.92 58.80 SBI 8.60 Banks 18.90 95.20 0.00 4.80 2.30 1.00

Tata Life Sciences & Technology Fund 25.53 69.67 GSK Consumer Healthcare

10.14 Software 39.50 95.52 0.00 4.48 2.50 1.00

Templeton India Pension Plan 20.68 18.35 Infosys 2.93 Banks 56.61 34.61 76.78 -11.39 2.11 3.00 UTI Retirement Benefit Pension Fund 16.90 12.57 ICICI Bank 1.65 Finance 32.51 38.62 57.80 3.54 1.75 5.00 UTI Thematic - Banking Sector Fund 12.71 82.34 ICICI Bank 22.88 Banks 92.60 94.19 0.97 4.84 2.32 1.00 UTI Transportation and Logistics Fund 22.75 60.00 Eicher Motors 9.24 Auto Ancillaries 42.06 94.68 1.23 4.07 2.50 1.00 UTI-Energy Fund 13.56 56.63 RIL 7.81 Power 27.63 96.20 0.73 3.06 2.29 1.00 UTI-Pharma & Healthcare 28.46 84.05 Dr. Reddys Lab 17.27 Pharma 96.72 96.72 1.17 2.11 2.50 1.00

Index Funds

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life Index Fund 19.85 56.35 Nifty 7.57 Banks 18.11 99.28 0.00 0.72 1.50 1 Birla Sun Life Nifty ETF 19.85 55.69 ITC 8.00 Banks 19.60 99.23 0.00 0.74 0.60 NA Canara Robeco Nifty Index 19.85 55.17 ITC 7.92 Banks 19.42 98.35 0.00 1.65 1.00 1 Franklin India Index Fund - BSE Sensex Plan

19.68 65.60 RIL 9.43 Banks 17.98 99.05 0.00 0.95 1.00 1

Franklin India Index Fund - NSE Nifty Plan 19.87 55.52 ITC 7.97 Banks 19.64 98.94 0.00 1.06 1.00 1 Goldman Sachs Hang Seng Exchange Traded Scheme (GS Hang Seng BeES)

NA 58.68 HSBC Holdings Plc 15.14 Foreign Securities 98.43 98.43 0.00 1.57 1.00 NA

Goldman Sachs Infrastructure Exchange Traded Scheme (GS Infra BeEs)

19.98 82.09 L&T 27.27 Power 28.54 99.79 0.00 0.21 1.00 NA

Goldman Sachs Nifty Exchange Traded Scheme (GS Nifty BeES)

19.86 55.90 ITC 8.03 Banks 19.69 99.64 0.00 0.36 0.50 NA

Goldman Sachs Nifty Junior Exchange Traded Scheme (GS Junior BeES)

24.22 33.66 Ultratech Cement 5.03 Banks 17.37 99.91 0.00 0.09 1.00 NA

Goldman Sachs S&P CNX 500 Fund 19.97 38.61 ITC 5.55 Banks 11.62 99.28 0.00 0.70 1.50 1.5 Goldman Sachs S&P CNX Nifty Shariah Index Exchange Traded Scheme (GS S&P Shariah BeES)

18.36 70.05 RIL 16.91 Software 30.49 98.92 0.00 1.08 0.80 NA

HDFC Index Fund - Nifty Plan 19.86 52.53 ITC 7.55 Banks 18.44 93.71 0.00 6.29 1.00 1 HDFC Index Fund - Sensex Plan 19.73 64.94 RIL 9.16 Banks 17.37 98.30 0.00 1.70 1.00 1 ICICI Prudential Index Fund - Nifty Plan 19.85 61.02 Nifty 20.70 Finance 26.23 96.49 0.00 3.51 1.50 1 ICICI Prudential Nifty Junior Index Fund 24.22 32.05 Ultratech Cement 4.80 Banks 16.45 95.22 0.00 4.77 1.50 1 IDBI Nifty Index Fund 19.85 55.75 ITC 8.02 Banks 19.60 99.58 0.00 0.42 1.50 1 IDBI Nifty Junior Index Fund 24.40 33.61 Ultratech Cement 5.07 Banks 17.20 99.71 0.00 0.28 1.50 1 IDFC Nifty Fund 19.85 52.50 ITC 7.21 Banks 17.63 94.21 0.00 5.76 0.25 1 Principal Index Fund 19.84 55.72 ITC 8.00 Banks 19.62 99.30 0.00 0.70 1.00 1 Reliance Index Fund - Nifty Plan 20.66 56.08 ITC 8.05 Banks 18.24 99.86 0.00 0.14 0.26 1 Reliance Index Fund - Sensex Plan 19.64 65.34 RIL 9.18 Banks 17.61 98.30 0.00 1.70 0.40 1 SBI Magnum Index Fund 19.83 53.48 ITC 7.63 Banks 18.81 95.42 0.00 4.58 1.50 1 SENSEX Prudential ICICI Exchange Traded Fund (SPIcE)

19.62 63.73 RIL 8.93 Banks 17.25 95.88 0.00 4.12 0.80 2.5

Tata Index Fund - NIFTY - Option A 19.85 56.08 ITC 8.05 Banks 19.71 99.87 0.00 0.12 1.50 NA Tata Index Fund - SENSEX - Option A 19.73 65.68 RIL 9.24 Banks 17.79 99.13 0.00 0.87 1.42 4 UTI Nifty Index Fund 19.85 55.81 ITC 8.02 Banks 19.86 99.46 0.20 0.34 1.50 1

21

International Equity Funds

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life Commodity Equities Fund - Global Agri Plan - Retail

NA 46.64 Deere & Co 6.54 Foreign Securities 96.41 96.41 0.00 3.59 2.50 3.00

Birla Sun Life Commodity Equities Fund - Global Multi Commodity Plan - Retail

NA 36.61 Exxon Mobil Corp 5.40 Energy 35.51 106.89 0.00 -6.89 NA 3.00

Birla Sun Life Commodity Equities Fund - Global Precious Metals Plan - Retail

NA 45.00 Newmont Mining Corp 5.52 Foreign Securities 94.91 94.91 0.00 5.09 2.50 3.00

Birla Sun Life International Equity Fund - Plan A

NA 45.21 Apple Inc 6.08 Foreign Securities 96.02 96.02 0.00 3.98 2.50 NA

Birla Sun Life International Equity Fund - Plan B

18.75 26.72 ITC 3.85 Foreign Securities 26.94 97.43 0.00 2.57 2.34 1.00

DSP BlackRock World Agriculture Fund NA 100.00 BlackRock Global Funds - World Agriculture Fund

97.52 MF Units 97.52 97.52 0.00 2.48 1.40 1.00

DSP BlackRock World Energy Fund NA 100.00 BlackRock Global Funds - World Energy Fund

93.45 MF Units 97.51 97.51 0.00 2.49 1.45 1.00

DSP BlackRock World Gold Fund NA 100.00 BlackRock Global Funds - World Gold Fund

99.27 MF Units 99.27 99.27 0.00 0.73 1.43 1.00

DSP BlackRock World Mining Fund - Regular

NA 100.00 BlackRock Global Funds - World Mining Fund

973.83 MF Units 97.83 97.83 0.00 2.17 1.45 1.00

Fidelity Global Real Assets Fund NA 100.00 Fidelity Funds - Global Real Asset Securities Fund

98.89 MF Units 99.53 99.53 0.00 0.47 NA 1.00

Fidelity International Opportunities Fund 18.74 50.39 NSE Ltd 15.80 Banks 17.36 92.98 0.06 6.97 NA 1.00 Franklin Asian Equity Fund 19.32 41.10 Samsung Electronics 6.83 Foreign Securities 87.55 98.95 0.00 1.05 2.38 1.00

HSBC Emerging Markets Fund NA 100.00 HSBC GIF Global Emerging Markets Equity

96.64 MF Units 96.64 96.64 0.00 3.36 1.65 1.00

ICICI Prudential Indo Asia Equity Fund - Retail

17.36 66.93 IOF Asian Equity Fund 31.76 MF Units 31.76 98.83 0.00 1.16 2.38 1.00

Kotak Global Emerging Market Fund NA 100.00 T Rowe Global Emerging Markets Equity Fund

47.09 MF Units 97.98 97.98 0.00 2.02 1.42 1.00

Sundaram Global Advantage Fund NA 87.30 DB Tracker Emerging Markets Asia

15.94 Foreign Securities 90.70 90.70 0.00 9.30 0.75 1.00

Tata Growing Economies Infrastructure Fund Plan A

15.58 45.73 HDFC Bank 6.65 Power 25.13 99.28 0.00 0.72 2.21 1.00

Tata Growing Economies Infrastructure Fund Plan B

15.43 42.58 HDFC Bank 6.47 Banks 15.82 94.86 0.00 5.14 2.33 1.00

Tata Indo-Global Infrastructure Fund 14.94 39.09 HDFC Bank 5.80 Banks 13.92 97.74 0.00 2.26 2.01 1.00 Templeton India Equity Income Fund 12.83 55.46 Sundaram Finance 10.28 Finance 17.20 99.19 0.00 0.81 2.04 1.00

Balanced Funds

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Axis Triple Advantage Fund 25.47 19.24 TCS 2.81 MF Units 30.17 65.23 31.40 3.36 2.24 1.00 Birla Sun Life 95 Fund 20.42 28.49 ICICI Bank 4.28 Banks 28.32 66.36 25.09 8.55 2.29 1.00 Canara Robeco Balance 21.89 27.97 HDFC Bank 4.45 Banks 23.02 67.15 21.00 11.85 2.38 1.00 DSP BlackRock Balanced Fund 24.89 23.88 BPCL 3.66 Banks 18.73 71.07 25.65 3.28 2.09 1.00 Fidelity India Childrens Plan - Education Fund

17.57 23.90 RIL 3.51 Banks 14.19 98.48 0.01 1.51 NA 3.00

Fidelity India Childrens Plan - Marriage Fund 17.55 24.05 RIL 3.51 MF Units 99.53 98.39 0.01 1.60 NA 3.00 FT India Balanced Fund 20.73 37.09 Infosys 5.56 Banks 26.06 69.28 30.88 -0.16 2.37 1.00 HDFC Balanced Fund 16.81 21.23 SBI 2.70 Finance 18.09 65.79 25.47 8.74 2.05 1.00 HDFC Childrens Gift Investment Plan 22.86 27.78 Lupin 3.56 Finance 17.98 70.30 25.94 3.76 2.08 3.00 HDFC Prudence Fund 18.94 29.69 SBI 6.08 Banks 21.56 74.80 23.50 1.70 1.79 1.00 ICICI Prudential Balanced Fund 16.69 33.75 Infosys 5.68 Finance 25.87 69.97 26.21 3.82 2.27 1.00 ICICI Prudential Child Care Plan - Gift Plan 13.89 30.75 Infosys 5.49 Software 12.48 94.47 0.00 5.53 2.40 1.00 ICICI Prudential Equity and Derivatives Fund - Volatility Advantage Plan

18.19 37.63 RIL 6.15 Banks 13.30 74.27 0.00 25.71 2.41 1.00

Kotak Balance 19.88 29.30 Infosys 4.89 Banks 27.03 66.50 14.50 19.00 2.50 1.00 Principal Balanced Fund 18.94 24.36 ITC 3.95 Finance 33.07 64.99 29.97 5.03 2.50 1.00 Principal Retail Equity Savings Fund 20.54 38.52 ITC 5.54 Banks 13.57 70.36 0.01 29.63 2.50 1.00 Principal Smart Equity Fund 19.22 42.15 RIL 6.05 Finance 20.47 77.25 16.11 6.64 2.42 2.00 Reliance Regular Savings Fund - Balanced 20.70 40.64 Infosys 6.55 Finance 17.83 74.81 23.14 2.05 2.13 1.00 SBI Magnum Balanced Fund 18.84 40.91 ICICI Bank 6.61 Finance 31.37 71.91 23.85 4.23 2.32 1.00 Sundaram Balanced Fund 16.28 51.70 TCS 6.40 Finance 27.70 62.00 29.00 9.00 2.49 1.00 Tata Balanced Fund 22.51 33.60 ICICI Bank 4.85 Banks 30.41 72.89 23.86 3.25 2.33 1.00 Tata Young Citizens Fund 25.87 20.41 Strides Arcolab 2.38 Banks 42.08 49.01 48.20 2.79 2.40 3.00 Templeton India Childrens Asset Gift Plan 20.87 33.64 Infosys 5.32 Banks 15.05 66.12 11.14 22.75 1.89 NA UTI Balanced Fund 17.77 28.50 ITC 3.83 Finance 18.92 71.95 27.72 0.28 2.06 1.00 UTI Charitable & Religious Trusts-81 17.87 12.60 ITC 1.60 Finance 45.52 29.25 64.00 6.74 1.40 1.00 UTI Childrens Career Advantage Fund 21.79 37.88 Infosys 5.45 Banks 20.19 93.00 2.96 4.04 1.40 4.00 UTI Childrens Career Balanced Plan 19.07 15.24 MRF 2.31 Finance 37.86 37.23 59.47 3.30 1.61 3.00

22

Arbitrage

Scheme Name PE

Ratio


Ratio (%)

Exit Load

(Max %)

Top 10 Holdings

% Top Holding

% Top Holding


Equity %

Debt %

Cash* %

Birla Sun Life Enhanced Arbitrage Fund - Retail

32.46 55.44 Apollo Tyres 14.27 Consumer Non Durables 0.10 -0.45 0.00 100.4

5 1.30 0.75

Goldman Sachs Derivative Fund 23.40 38.77 Pantaloon 7.43 Banks 20.59 66.51 17.18 16.31 1.50 NA Goldman Sachs Equity & Derivatives Opportunities Fund (GSEDOF)

22.33 41.49 Pantaloon 6.51 Banks 20.40 66.32 13.85 19.83 1.50 NA

HDFC Arbitrage Fund - Retail 30.10 45.66 Pantaloon 6.77 Banks 24.38 66.01 24.38 9.61 0.85 0.5 ICICI Prudential Blended Plan - Plan A 23.07 56.07 Pantaloon 8.64 Auto 9.67 67.81 4.21 27.98 0.90 1 ICICI Prudential Equity and Derivatives Fund - Income Optimiser Plan

27.22 57.23 Tata Motors 10.53 Auto 15.12 64.90 4.52 30.57 1.50 0.5

Kotak Equity Arbitrage Fund -337.68 34.65 Videocon Ind 6.50 Banks 24.44 -0.35 24.38 75.97 0.95 0.5 Reliance Arbitrage Advantage Fund 22.56 56.28 ICICI Bank 7.54 Pharma 19.16 72.03 0.00 27.97 0.35 1 UTI SPrEAD Fund 25.89 47.47 Pantaloon 8.93 Banks 13.51 47.47 13.51 39.02 1.00 0.75

* Cash includes net receivables, reverse repos, margin money, CBLOs, call Negative number in cash and cash equivalent indicates net payables ^PE pertains to Indian securities Fidelity scheme portfolio data as of April 2012

23

Portfolio Analysis - Debt

Capital Protected

Scheme Name Average Maturity (Years)

Portfolio Composition May 2012 Expense Ratio (%)

Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Birla Sun Life Capital Protection Oriented Fund - 5 Year Plan NA 0.00 72.53 27.47 0.00 10.55 0.00 0.00 89.45 2.04 NA Birla Sun Life Capital Protection Oriented Fund - Series 1 NA 0.00 27.83 72.17 0.00 62.98 0.00 0.00 37.02 1.50 NA Birla Sun Life Capital Protection Oriented Fund - Series 2 NA 0.00 8.32 91.68 0.00 79.42 0.00 0.00 20.58 1.75 NA Birla Sun Life Capital Protection Oriented Fund - Series 3 NA 0.00 12.65 87.35 0.00 77.86 0.00 0.00 22.14 1.70 NA Birla Sun Life Capital Protection Oriented Fund - Series 4 NA 0.00 14.63 85.37 0.00 83.19 0.00 0.00 16.81 1.50 NA Birla Sun Life Capital Protection Oriented Fund - Series 5 NA 0.00 10.83 89.17 0.00 85.59 0.00 0.00 14.41 1.34 NA Birla Sun Life Capital Protection Oriented Fund - Series 6 NA 0.00 6.27 93.73 0.00 92.26 0.00 0.00 7.74 1.58 NA Birla Sun Life Capital Protection Oriented Fund - Series 7 NA 0.00 6.39 93.61 0.00 78.22 0.00 0.00 21.78 NA NA Birla Sun Life Capital Protection Oriented Fund - Series 9 - Growth NA 0.00 31.27 68.73 0.00 58.33 0.00 0.00 41.67 NA NA Canara Capital Protection Oriented Fund - Series 1 - 36 Months (Plan A) 1.43 0.00 11.43 88.54 0.00 76.15 0.00 0.00 23.82 2.00 NA Franklin Templeton Capital Protection Oriented Fund - 5 Year Plan NA 0.00 66.69 33.31 0.00 15.75 0.00 0.00 84.25 1.22 NA ICICI Prudential Capital Protection Oriented Fund - Series I - 24 Months Plan

NA 0.00 6.50 93.49 0.00 85.55 0.00 0.00 14.44 2.16 NA

ICICI Prudential Capital Protection Oriented Fund - Series II - 24 Months Plan

NA 0.00 7.50 92.49 0.00 83.30 0.00 0.00 16.69 2.15 NA

ICICI Prudential Capital Protection Oriented Fund - Series III - 36 Months Plan

NA 0.00 11.35 88.65 0.00 74.82 0.00 0.00 25.18 2.18 NA

ICICI Prudential Capital Protection Oriented Fund - Series IV - 36 Months Plan

NA 0.00 9.45 90.55 0.00 73.60 0.00 0.00 26.40 NA NA

ICICI Prudential Capital Protection Oriented Fund - Series V - 60 Months Plan

NA 0.00 9.11 90.88 0.00 65.99 0.00 0.00 34.00 1.99 NA

ICICI Prudential Capital Protection Oriented Fund II - Series IX - 36 Months Plan - Growth

NA 0.00 60.51 39.48 0.00 39.48 0.00 0.00 60.51 NA NA

ICICI Prudential Capital Protection Oriented Fund II - Series VIII - 24 Months Plan - Growth

NA 0.00 5.66 94.32 0.00 85.99 0.00 0.00 13.99 NA NA

ICICI Prudential Capital Protection Oriented Fund II - Series XI - 12 Months Plan - Growth

NA 0.00 1.14 98.86 0.00 98.86 0.00 0.00 1.14 NA NA

IDFC Capital Protection Oriented Fund - Series 2 NA 0.00 3.16 96.84 0.00 85.23 0.00 0.00 14.77 1.53 NA IDFC Capital Protection Oriented Fund - Series 3 NA 0.00 4.09 95.91 0.00 84.45 0.00 0.00 15.55 2.25 NA IDFC Capital Protection Oriented Fund - Series I NA 0.00 3.85 96.15 0.00 82.03 0.00 0.00 17.97 1.58 NA SBI Capital Protection Oriented Fund - Series I NA 0.00 2.90 97.10 0.00 75.05 8.68 0.00 16.27 1.68 NA SBI Capital Protection Oriented Fund - Series II NA 0.00 13.26 86.74 0.00 71.60 0.00 0.00 28.40 2.00 NA SBI Capital Protection Oriented Fund - Series III NA 0.00 8.30 91.70 0.00 80.63 0.00 0.00 19.37 NA NA Sundaram Capital Protection Oriented Fund - Series 1 - 2 Year Plan NA 0.00 7.34 92.66 0.00 87.05 0.00 0.00 12.95 2.00 NA Sundaram Capital Protection Oriented Fund - Series 1 - 5 Year Plan NA 35.74 51.91 12.35 35.74 0.00 0.00 0.00 64.26 1.82 NA Sundaram Capital Protection Oriented Fund - Series 2 - 2 Year Plan NA 0.00 7.41 92.59 0.00 85.30 0.00 0.00 14.70 1.99 NA Sundaram Capital Protection Oriented Fund - Series 2 - 3 Years Plan NA 0.00 14.72 85.28 0.00 76.31 0.00 0.00 23.69 1.99 NA Sundaram Capital Protection Oriented Fund - Series 2 - 5 Years Plan NA 0.00 8.75 91.25 0.00 74.71 0.00 0.00 25.29 1.99 NA Sundaram Capital Protection Oriented Fund - Series 3 - 3 Years Plan NA 0.00 9.73 90.27 0.00 79.22 0.00 0.00 20.78 1.99 NA Sundaram Capital Protection Oriented Fund - Series 6 - 3 Years Plan NA 0.00 14.32 85.68 0.00 81.81 0.00 0.00 18.19 NA NA

Monthly Income Plans - Aggressive



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Axis Hybrid Fund - Series 3 NA 0.00 5.08 94.91 0.00 76.56 0.00 0.00 23.43 NA NA Axis Income Saver Fund 0.90 0.00 7.66 92.34 0.00 43.26 18.85 6.31 31.58 2.05 1.00 Birla Sun Life MIP II - Wealth 25 Plan NA 0.87 5.34 93.79 0.87 43.12 25.86 0.00 30.14 2.07 1.00 Canara Robeco Monthly Income Plan 1.07 0.00 9.22 90.77 0.00 64.82 3.38 0.00 31.79 2.07 1.00 DSP BlackRock MIP Fund 1.34 0.00 19.83 80.17 0.00 40.31 24.41 0.00 35.28 2.00 1.00 FT India Monthly Income Plan - Plan B 2.13 0.00 4.57 95.43 0.00 43.63 21.53 13.12 21.72 2.08 1.00 HDFC Monthly Income Plan - LTP 4.21 9.43 3.92 86.65 9.43 43.47 16.24 0.00 30.86 1.53 1.00 HDFC Monthly Income Plan - STP 1.57 0.00 4.92 95.08 0.00 44.26 35.86 0.00 19.88 2.02 1.00 HDFC Multiple Yield Fund 0.46 0.00 2.22 97.78 0.00 82.38 0.00 0.00 17.62 1.75 1.00 HDFC Multiple Yield Fund - Plan 2005 0.27 0.00 4.98 95.02 0.00 76.23 6.35 0.00 17.42 1.75 1.00 HSBC MIP - Savings 4.54 19.01 2.32 78.67 19.01 44.82 8.89 0.00 27.28 2.10 1.00 ICICI Prudential MIP 25 2.79 0.00 9.55 90.45 0.00 56.52 11.59 0.00 31.89 1.97 1.25 ICICI Prudential Multiple Yield Fund - Plan A NA 0.00 8.33 91.66 0.00 0.72 65.81 0.00 33.46 2.20 NA IDBI Monthly Income Plan 1.02 0.00 2.83 97.17 0.00 79.40 2.23 0.00 18.37 2.23 1.00 Kotak Monthly Income Plan 0.46 0.00 52.40 47.60 0.00 14.32 13.94 0.00 71.74 2.23 1.00 Kotak Multi Asset Allocation Fund 0.37 0.00 6.28 93.72 0.00 72.49 0.00 0.00 27.51 2.09 1.00 Principal Debt Savings Fund - Retail Plan NA 16.72 1.24 82.04 16.72 43.83 38.21 0.00 1.24 2.24 1.00 Reliance Monthly Income Plan 3.53 5.03 5.55 89.42 5.03 30.66 35.88 4.26 24.17 1.54 1.00 SBI Magnum Income Plus Fund - Investment 2.06 0.00 5.78 94.22 0.00 38.31 38.01 0.00 23.68 2.00 1.00 Sundaram Monthly Income Plan - Aggressive Plan 3.43 12.30 5.00 82.70 12.30 22.60 29.00 0.00 36.10 1.81 1.00 Sundaram Monthly Income Plan - Moderate Plan 2.31 9.70 17.70 72.50 9.70 30.90 21.80 0.00 37.50 1.99 1.00 Tata MIP Plus Fund 2.87 0.00 13.03 86.97 0.00 67.25 0.00 0.00 32.75 2.00 1.00 UTI MIS Advantage Plan 3.27 0.00 3.02 96.98 0.00 30.74 41.19 0.00 28.07 1.78 1.50

24

Monthly Income Plans - Conservative



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Birla Sun Life MIP NA 2.07 7.45 90.48 2.07 59.86 18.36 0.00 19.71 2.13 1.00 Birla Sun Life MIP II - Savings 5 Plan NA 0.00 5.69 94.31 0.00 67.68 17.40 0.00 14.91 1.30 1.00 Birla Sun Life Monthly Income NA 0.00 9.91 90.09 0.00 50.39 27.09 0.00 22.51 1.95 NA HDFC Childrens Gift Savings Plan 2.83 10.58 6.38 83.04 10.58 54.55 11.63 0.00 23.24 2.24 3.00 HSBC MIP - Regular 4.34 21.39 3.77 74.84 21.39 56.64 5.05 0.00 16.92 2.19 1.00 ICICI Prudential Child Care Plan - Study Plan 0.99 0.00 7.97 92.01 0.00 42.86 26.71 0.00 30.41 1.50 1.00 ICICI Prudential MIP Plan - Cumulative 2.56 0.00 14.12 85.88 0.00 58.06 14.77 0.00 27.17 2.03 1.00 SBI Magnum Childrens Benefit Plan 1.29 0.00 21.40 78.60 0.00 44.69 9.30 0.00 46.01 1.54 3.00 SBI Magnum Monthly Income Plan - Floater 0.28 0.00 6.99 92.99 0.00 83.85 0.00 0.00 16.13 1.67 1.00 SBI Magnum Monthly Income Plan 2.73 10.21 4.85 84.94 10.21 60.27 12.93 0.00 16.59 2.03 1.00 Sundaram Monthly Income Plan - Conservative Plan 0.37 0.00 4.30 95.50 0.00 46.00 40.00 0.00 13.80 1.98 1.00 Tata Monthly Income Fund - Appreciation 4.28 0.00 10.33 89.67 0.00 80.00 0.00 0.00 20.00 2.00 1.00 Templeton India Childrens Asset Education Plan NA 0.00 81.78 18.22 0.00 0.00 0.01 0.00 99.99 0.35 NA UTI Mahila Unit Scheme NA 3.82 7.90 88.26 3.82 20.79 39.09 0.00 36.28 2.10 0.75 UTI Monthly Income Scheme 3.40 0.00 4.93 95.04 0.00 45.62 35.11 0.00 19.24 1.80 1.50 UTI-Investment Bond Fund - Plan 1 (60 Mths) Retail NA 0.00 100.00 0.00 0.00 0.00 0.00 0.00 100.00 2.21 NA

Debt-Long Term



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Axis Dynamic Bond Fund 2.41 0.71 21.12 78.17 0.71 78.17 0.00 0.00 21.12 1.13 1.00 Axis Income Fund - Growth 1.64 3.32 8.97 87.71 3.32 87.71 0.00 0.00 8.97 NA 1.00 Birla Sun Life Income Plus NA 38.69 9.22 52.09 38.69 46.78 5.31 0.00 9.22 1.32 1.00 Canara Robeco Dynamic Bond Fund - Retail 2.81 33.93 66.07 0.00 33.93 0.00 0.00 0.00 66.07 0.80 1.00 Canara Robeco Income Plan 4.27 10.60 5.22 84.18 10.60 77.05 7.13 0.00 5.22 2.20 1.00 DSP BlackRock Bond Fund 3.59 13.55 15.46 70.99 13.55 43.36 27.64 0.00 15.46 2.24 1.00 Fidelity Flexi Bond Fund 1.23 3.76 25.12 71.12 3.76 66.05 5.07 0.00 25.12 1.43 0.50 HDFC High Interest Fund 7.51 53.22 12.27 34.51 53.22 28.80 5.71 0.00 12.27 1.50 0.50 HDFC Income Fund 8.44 46.23 9.22 44.55 46.23 40.99 3.56 0.00 9.22 1.50 0.50 HDFC Medium Term Opportunities Fund 3.41 0.00 3.82 96.18 0.00 96.18 0.00 0.00 3.82 0.10 2.00 HSBC Flexi Debt Fund 5.55 33.67 8.10 58.22 33.67 53.22 5.00 0.00 8.10 1.85 0.50 HSBC Income Fund - Investment Plan 5.58 26.51 4.89 68.60 26.51 57.01 11.60 0.00 4.89 0.04 0.50 ICICI Prudential Banking & PSU Debt Fund - Premium Plus 0.07 0.00 2.69 97.31 0.00 97.31 0.00 0.00 2.69 0.05 0.25 ICICI Prudential Income Opportunities Fund 8.55 54.89 15.51 29.60 54.89 29.60 0.00 0.00 15.51 1.75 NA ICICI Prudential Income Plan 5.60 39.14 8.25 52.60 39.14 48.27 4.33 0.00 8.25 1.75 1.00 ICICI Prudential Long Term Plan - Regular Plan 1.03 0.00 5.52 94.48 0.00 43.90 50.58 0.00 5.52 1.25 2.00 ICICI Prudential Regular Savings Fund 1.40 0.00 4.31 95.70 0.00 58.58 33.74 0.00 7.69 1.54 2.00 IDFC Dynamic Bond Fund - Plan A - (Regular) 3.64 24.11 17.21 58.67 24.11 19.90 38.77 0.00 17.21 1.35 1.00 IDFC Super Saver Income Fund - Investment Plan - Plan A - (Regular) 4.45 22.70 12.09 65.20 22.70 36.08 29.12 0.00 12.09 1.50 1.25 Kotak Bond Deposit 9.68 58.50 -4.76 46.26 58.50 43.71 2.55 0.00 -4.76 2.25 1.00 Kotak Bond Regular 9.68 58.50 -4.76 46.26 58.50 43.71 2.55 0.00 -4.76 2.25 1.00 Morgan Stanley Active Bond Fund - Regular 0.01 8.28 91.72 0.00 8.28 0.00 0.00 0.00 91.72 1.75 1.00 Principal Income Fund - Long Term Plan 4.10 20.72 1.30 77.98 20.72 36.13 41.85 0.00 1.30 1.50 1.00 Reliance Dynamic Bond Fund 7.06 26.71 1.69 71.60 26.71 69.94 1.66 0.00 1.69 0.86 1.00 Reliance Income Fund 7.71 26.92 1.00 72.08 26.92 72.08 0.00 0.00 1.00 1.74 1.00 SBI Dynamic Bond Fund 5.06 28.45 3.90 67.65 28.45 63.57 4.08 0.00 3.90 1.70 1.00 SBI Magnum Income Fund 5.67 39.46 4.75 55.79 39.46 30.89 24.90 0.00 4.75 1.30 1.00 SBI Magnum Income Plus Fund - Savings 1.19 0.00 50.54 49.45 0.00 49.45 0.00 0.00 50.54 1.26 1.00 Sundaram Bond Saver 4.44 23.90 6.00 70.10 23.90 53.60 16.50 0.00 6.00 2.25 1.00 Sundaram Flexible Fund - Flexible Income Plan 3.29 19.00 6.00 75.00 19.00 38.30 36.70 0.00 6.00 1.50 1.00 Sundaram Income Plus 4.98 37.80 23.10 39.10 37.80 39.10 0.00 0.00 23.10 1.91 2.00 Tata Income Fund - Appreciation 0.84 0.00 33.78 66.22 0.00 66.22 0.00 0.00 33.78 1.89 1.00 Templeton India Income Builder Account - Plan A 3.31 0.00 -0.08 100.08 0.00 16.52 71.21 12.36 -0.08 1.60 0.50 Templeton India Income Fund 1.81 0.00 -1.70 101.70 0.00 53.65 48.05 0.00 -1.70 1.71 0.50 UTI Bond Fund 3.77 16.73 14.36 68.88 16.73 51.12 17.76 0.00 14.36 2.00 1.50 UTI-Dynamic Bond Fund 4.45 0.00 5.78 94.22 0.00 26.87 67.35 0.00 5.78 0.67 0.50

Gilt



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Birla Sun Life Gilt Plus - Liquid Plan NA 80.92 19.08 0.00 80.92 0.00 0.00 0.00 19.08 0.50 NA Birla Sun Life Gilt Plus - PF Plan NA 40.83 59.17 0.00 40.83 0.00 0.00 0.00 59.17 1.00 1.00 Birla Sun Life Gilt Plus - Regular Plan NA 89.70 10.30 0.00 89.70 0.00 0.00 0.00 10.30 1.50 NA Birla Sun Life Govt Securities Long Term Plan NA 50.43 49.57 0.00 50.43 0.00 0.00 0.00 49.57 1.50 1.00 Birla Sun Life Govt Securities Short Term Plan NA 72.05 27.95 0.00 72.05 0.00 0.00 0.00 27.95 0.75 NA Canara Robeco Gilt Advantage Fund NA 0.00 100.00 0.00 0.00 0.00 0.00 0.00 100.00 1.02 NA Canara Robeco Gilt PGS 10.67 79.07 20.93 0.00 79.07 0.00 0.00 0.00 20.93 1.50 0.50 DSP BlackRock Govt Sec Fund 3.03 47.53 52.47 0.00 47.53 0.00 0.00 0.00 52.47 1.25 1.00

25

Gilt



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

DSP BlackRock Treasury Bill Fund 0.10 96.70 3.30 0.00 96.70 0.00 0.00 0.00 3.30 0.50 NA Fidelity Flexi Gilt Fund 3.23 28.57 71.43 0.00 28.57 0.00 0.00 0.00 71.43 1.10 0.50 HDFC Gilt Fund - Long Term Plan 10.53 89.00 11.00 0.00 89.00 0.00 0.00 0.00 11.00 0.50 0.25 HDFC Gilt Fund - Short Term Plan 3.85 75.73 24.27 0.00 75.73 0.00 0.00 0.00 24.27 0.50 NA HSBC Gilt Fund 9.60 76.26 23.74 0.00 76.26 0.00 0.00 0.00 23.74 0.75 0.50 ICICI Prudential Gilt - Investment 7.59 81.59 18.39 0.00 81.59 0.00 0.00 0.00 18.39 0.00 1.00 ICICI Prudential Gilt - Investment - PF Option 9.30 86.66 13.33 0.00 86.66 0.00 0.00 0.00 13.33 1.75 1.00 ICICI Prudential Gilt - Treasury 1.73 91.64 8.35 0.00 91.64 0.00 0.00 0.00 8.35 1.25 NA ICICI Prudential Gilt - Treasury - PF Option - AAPP 3.01 83.49 16.51 0.00 83.49 0.00 0.00 0.00 16.51 1.25 0.80 IDFC G Sec Fund - Investment Plan - Plan A - (Regular) 5.56 58.83 41.16 0.00 58.83 0.00 0.00 0.00 41.16 1.39 NA IDFC G Sec Fund - PF Plan - Plan A - (Regular) 5.88 62.24 37.76 0.00 62.24 0.00 0.00 0.00 37.76 1.40 1.00 IDFC G Sec Fund - Short Term Plan - Plan A - (Regular) 0.00 0.00 100.00 0.00 0.00 0.00 0.00 0.00 100.00 1.00 0.25 Kotak Gilt - Investment - PF and Trust 14.84 93.30 6.70 0.00 93.30 0.00 0.00 0.00 6.70 2.25 NA Kotak Gilt - Investment - Regular 14.84 93.30 6.70 0.00 93.30 0.00 0.00 0.00 6.70 2.25 NA Kotak Gilt - Savings 0.00 0.00 100.00 0.00 0.00 0.00 0.00 0.00 100.00 1.50 NA Principal Government Securities Fund 11.90 98.44 1.55 0.00 98.44 0.00 0.00 0.00 1.55 1.99 1.00 Reliance Gilt Securities Fund - Retail 14.22 87.10 12.90 0.00 87.10 0.00 0.00 0.00 12.90 1.47 NA SBI Magnum Gilt Fund - Long Term 7.08 73.81 26.19 0.00 73.81 0.00 0.00 0.00 26.19 1.15 0.50 SBI Magnum Gilt Fund - PF Plan - Fixed Period - 1 Year 7.08 73.81 26.19 0.00 73.81 0.00 0.00 0.00 26.19 1.20 0.50 SBI Magnum Gilt Fund - PF Plan - Fixed Period - 2 Year 7.08 73.81 26.19 0.00 73.81 0.00 0.00 0.00 26.19 1.20 0.70 SBI Magnum Gilt Fund - PF Plan - Fixed Period - 3 Year 7.08 73.81 26.19 0.00 73.81 0.00 0.00 0.00 26.19 1.20 0.90 SBI Magnum Gilt Fund - PF Plan - Regular 7.08 73.81 26.19 0.00 73.81 0.00 0.00 0.00 26.19 1.20 0.50 SBI Magnum Gilt Fund - Short Term 1.46 98.07 1.93 0.00 98.07 0.00 0.00 0.00 1.93 0.90 0.15 Sundaram Gilt Fund - Regular Plan 9.13 73.20 26.80 0.00 73.20 0.00 0.00 0.00 26.80 1.00 1.00 Tata Gilt Mid Term Fund 7.50 71.63 28.37 0.00 71.63 0.00 0.00 0.00 28.37 1.58 NA Tata Gilt Securities Fund - Appreciation 8.60 83.28 16.72 0.00 83.28 0.00 0.00 0.00 16.72 1.60 NA Tata Gilt Securities Fund - HIP - Appreciation 8.60 83.28 16.72 0.00 83.28 0.00 0.00 0.00 16.72 1.60 NA Tata Gilt Securities Short Maturity Fund - Appreciation 2.56 48.98 51.02 0.00 48.98 0.00 0.00 0.00 51.02 1.50 NA Templeton India G-Sec Fund - Composite Plan 22.01 92.69 7.31 0.00 92.69 0.00 0.00 0.00 7.31 1.57 0.50 Templeton India G-Sec Fund - Long Term Plan 21.85 93.08 6.92 0.00 93.08 0.00 0.00 0.00 6.92 1.55 NA Templeton India G-Sec Fund - PF Plan 22.01 92.69 7.31 0.00 92.69 0.00 0.00 0.00 7.31 1.57 0.50 Templeton India G-Sec Fund - Treasury Plan 6.23 88.57 11.43 0.00 88.57 0.00 0.00 0.00 11.43 1.20 NA UTI Gilt Advantage Fund - Long Term Plan 9.18 71.89 28.11 0.00 71.89 0.00 0.00 0.00 28.11 1.50 NA UTI Gilt Advantage Fund - Long Term Plan - PF Plan 9.18 71.89 28.11 0.00 71.89 0.00 0.00 0.00 28.11 1.50 1.00 UTI Gilt Advantage Fund - Long Term Plan - PF Plan - PDAR 9.18 71.89 28.11 0.00 71.89 0.00 0.00 0.00 28.11 1.50 1.00 UTI G-Sec Fund 8.83 65.96 34.04 0.00 65.96 0.00 0.00 0.00 34.04 1.00 NA UTI G-Sec Fund - Short Term Plan 0.03 46.95 53.05 0.00 46.95 0.00 0.00 0.00 53.05 0.75 NA

Debt Short Term



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Axis Short Term Fund - Retail 0.95 0.00 1.97 98.01 0.00 98.01 0.00 0.00 1.97 0.67 0.50 Birla Sun Life Dynamic Bond Fund - Retail Plan NA 3.22 13.25 83.53 3.22 56.46 23.88 3.19 13.25 0.88 0.50 Birla Sun Life Medium Term Plan NA 0.00 9.34 90.66 0.00 56.12 27.35 7.19 9.34 0.10 2.50 Birla Sun Life Short Term Fund NA 0.00 3.84 96.17 0.00 82.85 13.32 0.00 3.84 0.25 0.50 Canara Robeco InDiGo Fund 1.29 1.25 2.19 96.54 1.25 57.74 6.41 0.00 34.58 1.92 1.00 Canara Robeco Short Term Fund - Retail 0.63 0.00 4.92 95.08 0.00 82.61 12.47 0.00 4.92 1.27 0.75 DSP BlackRock Short Term Fund 1.19 0.00 2.21 97.79 0.00 76.38 21.42 0.00 2.21 0.95 0.50 Fidelity Short Term Income Fund 0.94 0.00 4.94 95.06 0.00 72.38 22.67 0.00 4.94 1.10 0.50 Goldman Sachs Short Term Fund NA 0.00 100.00 0.00 0.00 0.00 0.00 0.00 100.00 0.60 NA HDFC High Interest Fund - Short Term Plan 1.91 0.00 4.72 95.28 0.00 55.51 39.77 0.00 4.72 1.00 0.25 HDFC Short Term Opportunities Fund 0.05 0.00 8.46 91.54 0.00 91.54 0.00 0.00 8.46 0.30 0.25 HDFC Short Term Plan 1.41 0.00 5.83 94.17 0.00 78.08 16.09 0.00 5.83 1.00 0.50 HSBC Income Fund - Short Term Plan 1.36 0.00 3.34 96.66 0.00 82.52 14.14 0.00 3.34 1.00 0.50 ICICI Prudential Corporate Bond Fund - Plan A 2.51 0.00 8.54 91.46 0.00 91.46 0.00 0.00 8.54 2.24 3.00 ICICI Prudential Short Term Plan 1.74 0.00 7.41 92.57 0.00 71.09 21.48 0.00 7.41 1.30 0.75 IDBI Short Term Bond Fund 0.62 0.00 2.76 97.23 0.00 97.23 0.00 0.00 2.76 0.74 0.65 IDFC Super Saver Income Fund - Medium Term - Plan A (Regular) 2.10 6.06 7.23 86.71 6.06 52.63 34.08 0.00 7.23 1.20 0.60 IDFC Super Saver Income Fund - Short Term - Plan A (Regular) 1.71 0.00 -2.31 102.31 0.00 63.24 39.07 0.00 -2.31 1.20 0.50 Kotak Bond Short Term Plan 1.53 5.77 3.69 90.55 5.77 69.90 20.65 0.00 3.69 0.88 0.50 Kotak Credit Opportunities Fund 0.92 0.00 16.73 83.27 0.00 47.49 35.79 0.00 16.73 1.10 2.00 Morgan Stanley Short Term Bond Fund - Regular 1.00 1.03 12.10 86.87 1.03 86.87 0.00 0.00 12.10 1.10 0.50 Principal Income Fund - Short Term Plan 2.20 8.78 -3.29 94.51 8.78 62.11 32.40 0.00 -3.29 0.75 0.50 Reliance Regular Savings Fund - Debt - Retail 1.58 0.00 3.01 96.99 0.00 15.15 69.47 12.37 3.01 1.31 1.00 Reliance Short Term Fund 1.47 0.05 4.84 95.11 0.05 83.86 11.25 0.00 4.84 0.81 NA SBI Short Horizon Debt Fund - Short Term Fund - Retail 2.22 6.73 33.01 60.26 6.73 51.95 8.31 0.00 33.01 0.96 0.25 Sundaram Flexible Fund - Short Term Plan 1.41 6.20 3.70 90.10 6.20 90.10 0.00 0.00 3.70 1.50 1.00 Tata Short Term Bond Fund 1.13 0.00 8.97 91.03 0.00 87.07 3.95 0.00 8.97 1.03 0.50 Templeton India Income Opportunities Fund 1.26 0.00 2.27 97.73 0.00 32.38 50.00 15.35 2.27 1.50 3.00 Templeton India Low Duration Fund - Dividend - Monthly 0.26 0.00 1.55 98.45 0.00 91.99 1.80 4.65 1.55 0.65 0.50 Templeton India Short Term Income Plan 0.96 0.00 0.29 99.71 0.00 62.74 31.69 5.28 0.29 1.30 0.50

26

Debt Short Term



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

UTI Short Term Income Fund 1.53 0.00 12.45 87.53 0.00 54.81 32.72 0.00 12.45 0.48 1.25

Floating Rate



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Canara Robeco Floating Rate - STP 0.14 0.00 14.19 85.81 0.00 85.81 0.00 0.00 14.19 0.37 0.25 DSP BlackRock Income Opportunities Fund 1.08 0.00 3.34 96.66 0.00 81.41 15.26 0.00 3.34 1.75 1.00 HDFC Floating Rate Income Fund - Long Term Plan 0.82 0.00 0.04 99.96 0.00 99.96 0.00 0.00 0.04 0.01 2.00 IDFC Money Manager Fund - Treasury Plan - Plan A - (Regular) 0.11 0.00 4.89 95.11 0.00 95.11 0.00 0.00 4.89 0.96 NA Kotak Floater - Long Term 0.14 0.00 0.97 99.03 0.00 98.99 0.04 0.00 0.97 0.60 NA Principal Debt Opportunities Fund - Conservative Plan 0.13 0.00 8.99 91.01 0.00 91.01 0.00 0.00 8.99 0.59 NA Principal Debt Opportunities Fund - Corporate Bond Plan 1.00 0.00 0.75 99.25 0.00 72.09 27.16 0.00 0.75 0.69 2.00 SBI Magnum Income Fund - Floating Rate Plan - LTP 0.46 0.00 26.96 73.04 0.00 73.04 0.00 0.00 26.96 0.94 0.50 SBI Magnum Income Fund - Floating Rate Plan - Savings Plus Bond Plan 0.04 0.00 2.97 97.03 0.00 97.03 0.00 0.00 2.97 0.26 0.25 SBI Magnum InstaCash - Liquid Floater Plan 0.08 0.00 2.88 97.11 0.00 97.11 0.00 0.00 2.88 0.61 NA Tata Floater Fund 0.15 1.69 9.79 88.52 1.69 87.66 0.86 0.00 9.79 0.32 NA Templeton Floating Rate Income Fund 0.14 0.00 2.93 97.07 0.00 90.36 0.00 6.70 2.93 1.00 0.25

Liquid Funds



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Axis Liquid Fund - Retail 0.07 0.00 20.16 79.84 0.00 79.84 0.00 0.00 20.16 0.28 NA Birla Sun Life Cash Plus - Retail NA 0.00 27.66 72.34 0.00 72.34 0.00 0.00 27.66 0.47 NA Birla Sun Life Floating Rate Fund - Short Term NA 0.00 28.75 71.25 0.00 71.17 0.08 0.00 28.75 0.36 NA Canara Robeco Liquid 0.08 1.88 13.28 84.84 1.88 84.84 0.00 0.00 13.28 0.33 NA DSP BlackRock Liquidity Fund 0.08 0.00 24.58 75.42 0.00 75.42 0.00 0.00 24.58 0.35 NA Fidelity Cash Fund - Retail Plan 0.07 0.00 12.83 87.17 0.00 87.17 0.00 0.00 12.83 0.35 NA Goldman Sachs Liquid Exchange Traded Scheme (GS Liquid BeES) NA 0.00 96.33 3.67 0.00 0.00 0.00 0.00 100.00 0.60 NA HDFC Cash Management Fund - Call Plan 0.00 0.00 100.00 0.00 0.00 0.00 0.00 0.00 100.00 0.20 NA HDFC Cash Management Fund - Savings Plan 0.05 0.00 45.61 54.39 0.00 54.39 0.00 0.00 45.61 0.36 NA HDFC Liquid Fund 0.04 0.00 61.76 38.24 0.00 38.24 0.00 0.00 61.76 0.17 NA HSBC Cash Fund 0.03 0.00 44.91 55.09 0.00 55.09 0.00 0.00 44.91 0.75 NA ICICI Prudential Liquid Plan 0.05 0.00 18.35 81.64 0.00 81.64 0.00 0.00 18.35 1.00 NA ICICI Prudential Money Market Fund 0.06 0.00 24.44 75.56 0.00 75.56 0.00 0.00 24.44 0.05 0.00 ICICI Prudential Money Market Fund - Cash Plan 0.06 0.00 24.44 75.56 0.00 75.56 0.00 0.00 24.44 0.20 NA IDBI Liquid Fund 0.04 0.00 6.93 93.02 0.00 93.02 0.00 0.00 6.93 0.22 NA IDFC Cash Fund - Plan A - (Regular) 0.09 0.00 18.36 81.63 0.00 81.63 0.00 0.00 18.36 0.91 NA Kotak Floater - Short Term 0.07 0.00 6.70 93.30 0.00 93.30 0.00 0.00 6.70 0.59 NA Kotak Liquid 0.09 0.00 2.74 97.26 0.00 97.26 0.00 0.00 2.74 0.45 NA Morgan Stanley Liquid Fund 1.00 0.33 1.15 98.52 0.33 98.52 0.00 0.00 1.15 0.15 NA Principal Cash Management Fund 0.04 0.00 15.16 84.84 0.00 84.84 0.00 0.00 15.16 0.25 NA Principal Retail Money Manager Fund NA 0.00 21.28 78.72 0.00 78.72 0.00 0.00 21.28 0.16 NA Reliance Liquid Fund - Cash Plan 0.07 0.00 18.21 81.79 0.00 81.79 0.00 0.00 18.21 0.41 NA Reliance Liquid Fund - Treasury Plan 0.08 0.00 21.53 78.46 0.00 78.00 0.46 0.00 21.53 0.54 NA Reliance Liquidity Fund 0.10 0.00 17.05 82.95 0.00 82.95 0.00 0.00 17.05 0.35 NA SBI Magnum InstaCash 0.08 0.00 17.01 82.99 0.00 82.99 0.00 0.00 17.01 0.40 NA SBI Premier Liquid Fund - Institutional 0.07 0.00 14.77 85.22 0.00 85.22 0.00 0.00 14.77 0.40 NA Sundaram Money Fund 0.06 0.00 16.70 83.10 0.00 82.50 0.60 0.00 16.70 2.00 NA Sundaram Select Debt ST Asset Plan 0.18 0.00 6.20 93.80 0.00 92.30 1.50 0.00 6.20 0.22 0.50 Tata Liquid Fund - HIP 0.10 0.00 12.57 87.43 0.00 87.43 0.00 0.00 12.57 0.62 NA Tata Liquid Fund - RIP 0.10 0.00 12.57 87.43 0.00 87.43 0.00 0.00 12.57 0.80 NA Tata Liquidity Management Fund 0.02 0.00 17.58 82.42 0.00 82.42 0.00 0.00 17.58 0.09 NA Tata Money Market Fund 0.10 0.00 6.88 93.12 0.00 93.12 0.00 0.00 6.88 0.56 NA Templeton India Cash Management Account 0.03 0.00 10.83 89.17 0.00 89.17 0.00 0.00 10.83 1.05 NA Templeton India Treasury Management Account 0.06 0.00 13.21 86.79 0.00 85.27 0.00 0.00 14.73 0.85 NA UTI Liquid Cash Plan 0.08 1.56 6.37 92.02 1.56 92.02 0.00 0.00 6.37 0.20 NA UTI Money Market Fund 0.08 0.00 15.22 84.78 0.00 84.78 0.00 0.00 15.22 0.23 NA

Ultra ShortTerm



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Axis Treasury Advantage Fund - Retail 0.10 0.00 5.49 94.51 0.00 94.51 0.00 0.00 5.49 0.50 NA Birla Sun Life Cash Manager NA 0.00 25.18 74.82 0.00 69.91 4.91 0.00 25.18 0.46 NA Birla Sun Life Floating Rate Fund - Long Term NA 0.00 30.47 69.53 0.00 69.53 0.00 0.00 30.47 0.54 NA

27

Ultra ShortTerm



Exit Load

(Max %) Gilts

% Cash*

%

Corporate Debt and

Others %** GOI

AAA/PI+

AA A &

Below, P1

Unrated^

Birla Sun Life Savings Fund - Retail NA 0.00 22.33 77.67 0.00 73.30 4.37 0.00 22.33 0.32 NA Birla Sun Life Short Term Opportunities Fund NA 0.00 11.00 89.00 0.00 51.01 26.07 11.92 11.00 0.10 0.50 Birla Sun Life Ultra Short Term Fund - Retail NA 0.00 34.90 65.10 0.00 65.10 0.00 0.00 34.90 0.45 0.25 Canara Robeco Treasury Advantage Fund - Retail 0.14 0.00 7.53 92.47 0.00 89.75 0.00 0.00 10.25 0.46 NA DSP BlackRock Money Manager Fund 0.15 0.13 11.37 88.50 0.13 87.22 1.28 0.00 11.37 1.00 NA DSP BlackRock Strategic Bond Fund 1.07 0.00 1.88 98.12 0.00 92.34 5.78 0.00 1.88 1.00 0.10 Fidelity Ultra Short Term Debt Fund - Retail 0.12 0.00 11.21 88.79 0.00 88.79 0.00 0.00 11.21 0.57 0.50 HDFC Cash Management Fund - Treasury Advantage Plan 0.09 0.00 45.95 54.05 0.00 54.05 0.00 0.00 45.95 0.59 NA HDFC Floating Rate Income Fund - Short Term Plan - Retail 0.14 0.00 38.44 61.56 0.00 59.02 2.54 0.00 38.44 0.61 NA HSBC Floating Rate Fund - Long Term Plan 0.05 0.00 3.85 96.15 0.00 96.15 0.00 0.00 3.85 1.00 NA HSBC Ultra Short Term Bond Fund - Regular 0.11 0.00 2.50 97.50 0.00 97.50 0.00 0.00 2.50 1.30 0.25 ICICI Prudential Banking & PSU Debt Fund - Retail 0.07 0.00 2.69 97.31 0.00 97.31 0.00 0.00 2.69 0.90 0.25 ICICI Prudential Flexible Income Plan Regular 0.05 0.95 23.34 75.70 0.95 72.76 1.13 0.00 25.15 0.90 NA ICICI Prudential Floating Rate Plan - Option A 0.06 0.00 27.51 72.49 0.00 69.67 2.82 0.00 27.51 1.10 NA ICICI Prudential Medium Term Plan - Regular 0.14 0.00 1.23 98.77 0.00 98.77 0.00 0.00 1.23 0.60 0.50 ICICI Prudential Ultra Short Term Plan - Regular 0.29 0.00 3.72 96.28 0.00 92.70 3.58 0.00 3.72 0.95 0.25 IDBI Ultra Short Term Fund 0.08 0.00 5.01 94.98 0.00 94.98 0.00 0.00 5.01 0.49 NA IDFC Money Manager Fund - Investment Plan - Plan A - (Regular) 0.66 0.00 0.10 99.90 0.00 99.90 0.00 0.00 0.10 0.76 0.25 IDFC Ultra Short Term Fund 0.14 0.00 15.57 84.42 0.00 83.30 1.12 0.00 15.57 0.19 0.25 Kotak Flexi Debt 0.29 0.00 4.27 95.73 0.00 89.79 5.95 0.00 4.27 0.76 NA Principal Bank CD Fund 0.06 0.00 1.82 98.17 0.00 98.17 0.00 0.00 1.82 0.56 0.25 Reliance Floating Rate Fund - Short Term Plan 0.84 0.00 6.25 93.75 0.00 64.24 29.51 0.00 6.25 0.63 0.50 Reliance Medium Term Fund 0.53 0.00 0.23 99.77 0.00 90.69 9.08 0.00 0.23 0.55 NA Reliance Money Manager Fund - Retail 0.16 0.00 7.93 92.07 0.00 83.81 7.11 1.14 7.93 0.50 NA SBI Short Horizon Debt Fund - Ultra Short Term Fund - Retail 0.11 0.03 15.76 84.21 0.03 84.01 0.20 0.00 15.76 0.38 0.10 Sundaram Ultra Short Term Fund - Retail 0.18 0.00 3.50 96.40 0.00 95.90 0.50 0.00 3.50 2.00 NA Tata Treasury Manager Fund - RIP 0.07 0.00 4.65 95.35 0.00 95.35 0.00 0.00 4.65 0.70 NA Templeton India Ultra-short Bond Fund - Retail 0.11 0.00 1.90 98.10 0.00 96.25 0.03 1.82 1.90 0.65 NA UTI Floating Rate Fund - STP 0.15 0.00 1.42 98.58 0.00 98.58 0.00 0.00 1.42 0.52 0.75 UTI Treasury Advantage Fund 0.24 0.00 8.46 91.50 0.00 87.30 4.20 0.00 8.46 0.42 NA

* Cash allocation includes cash equivalent such as net receivables, reverse repos, margin money, CBLOs and call **Corporate Debt and Others also include equity component for MIP and Capital Protection funds ^ Unrated component includes equity, cash and cash equivalents and unrated debt instruments

28

Fact Sheets

29

Reliance Equity Opportunities Fund - Growth

Scheme Details

Fund Rank 1 Style Box

Value Blend Growth Large Cap Diversified Small & Midcap

Objective To seek to generate capital appreciation and provide long term growth opportunities by investing in a portfolio constituted of equity securities and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Fund Manager Sailesh B,Viral B Inception Date 29-Mar-05 Investment Type Diversified equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 3340 Mar-12

Trailing Returns

Period Scheme BSE 100 Growth of Rs 10000

3 Months -1.33 -8.59 9867 6 Months 11.63 2.29 11163 1 Years -0.32 -12.34 9968 2 Years 6.99 -2.92 11446 3 Years 20.95 3.78 17694 5 Years 9.34 2.67 15626 Inception 19.33 14.49 35554

Fund Style Details Total Securities 57 P/E Ratio 21.59 Highest Exposure Scrip

Divis Lab

NAV % 7.11

Concentration Top 5 Companies % 25.43 Top 10 Companies % 41.23 Top 5 Industries % 57.96

Risk Analysis Std Dev 19.10% Beta 0.82 Sharpe Ratio 0.21

Market Cap Giant Cap 25.90 Large Cap 17.65 Mid-Cap 44.17 Small-Cap 0.00

Composition % Equity 95.75 Debt 0.00 Cash and equivalent 4.24

Index Weights S&P CNX 500 Equity Index 79.55 BSE Sensex 27.85 S&P CNX Nifty 34.86 BSE IT 8.17 BSE FMCG 0.00 BSE Healthcare 9.82

Sector Weights % to NAV

Software 16.40 Pharma 14.84 Banks 12.78 Auto 7.18 Petroleum Products 6.76 Retailing 6.14 Industrial Products 6.09 Telecom - Services 3.22 Power 2.92 Diversified 2.90

Holdings % to NAV Divis Lab 7.11 State Bank Of India 6.44 Infosys Ltd. 4.43 ICICI Bank Ltd. 3.88 Trent Limited 3.57 Maruti Suzuki India Ltd. 3.53 Sanofi India Ltd. 3.30 Hathway Cable & Datacom 3.22 Larsen & Toubro Ltd. 2.90 Persistent Systems Ltd. 2.84

Quarter on Quarter Performance

Adjusted NAV and Index movement

Analysis Reliance Equity Opportunities Fund, in existence since March 2005, is an equity fund that invests in stocks across sectors and industries of all market capitalization. The scheme has the flexibility to be overweight in a particular sector or market capitalization depending on the potential and opportunities that arise. Thus the scheme seeks to capture a particular market trend. An analysis of the top 5 sector exposures of the fund over the last 1 year reveals that software, pharmaceuticals, banks, auto, Petroleum products have been the most favored sectors for the fund. Accordingly, the average exposure to the software sector stood at 16% over the past 1 year. The scheme also seeks to diversify its portfolio across market caps. Over a period of the last one year ended May 2012, its average exposure to stocks in the S&P CNX Nifty, CNX Midcap and the BSE Smallcap has stood at 35%, 21% and 6% respectively. The scheme’s multi-cap approach (i.e. investing across the market capitalizations) has worked in the favour of the scheme, especially in the long term. In the latest 1-year period, which has witnessed huge volatility, the scheme fell just 0.3% as compared to a 12% fall in its benchmark BSE 100 in the same period. Over the longer timeframe of period of 3-years & 5-years period the scheme has comfortably outperformed its benchmark. It has also proved its ability to contain the downside in the market downturn of 2008. It fell by 23% as compared to 26% by the benchmark in the bearish phase (September 2008 – March 2009). As of quarter ended Jan-March 2012, the scheme had Rs. 3340 cr in average assets.

Growth of Rs 1000 SIP

Period SIP

Start Date

Total Amount Invested

Scheme Benchmark Total

Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 346.87 12333 6.12 11464 -9.58 3-Years SIP 30-Jun-09 36000 1136.43 40405 8.07 33529 -4.82 5-Years SIP 02-Jul-07 60000 2398.98 85294 14.49 62990 1.98 Inception SIP 29-Mar-05 88000 4268.71 151772 14.86 110135 6.15

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 35.55 30.09 38.40 29.44 14.10 Total Return 18.15 -20.90 30.45 108.75 -55.87 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 BSE 100 7.48 -25.21 15.66 85.04 -55.28 * Last Disclosed NAV of the calendar year

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10

20

30

40

Aug-

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r-08

Aug-

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Quarter on Quarter Returns %

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14

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0

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10

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11

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Jul-1

1

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-11

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12

Mar

-12

May

-12

Reliance Equity Opportunities Fund - GrowthBSE 100

30

UTI Equity Fund - Growth

Scheme Details



Objective To invest 80% of its funds in equity and equity related instrument with medium to high risk profile and upto 20% in debt and money market instruments with low to medium risk profile.

Fund Manager Anoop Bhaskar, Arun Khurana

Inception Date 1-Aug-05 Investment Type Diversified Equity

Schemes Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 1942 Mar-12

Trailing Returns



Fund Style Details Total Securities 32 P/E Ratio 21.42 Highest Exposure Scrip ITC NAV % 5.84


Risk Analysis Std Dev 18.26% Beta 0.82 Sharpe Ratio -0.04





Banks 21.31 Consumer Non Durables 11.51 Software 10.15 Pharma 9.68 Auto 6.24 Cement 5.87 Petroleum Products 5.54 Oil 4.41 Auto Ancillaries 3.80 Diversified 3.37

Holdings % to NAV ITC 5.84 TCS 4.54 ICICI Bank Ltd. 4.47 Sun Pharma Ltd. 4.46 HDFC Bank Ltd. 4.34 Infosys Ltd. 4.19 State Bank Of India 3.53 Reliance Industries Ltd. 3.44 Nestle India Ltd. 2.83 Cairn India Ltd. 2.73



Analysis UTI Equity Fund is open-ended equity scheme with an objective of investing at least 80% of its funds in equity and equity related instrument with medium to high risk profile and upto 20% in debt and money market instruments with low to medium risk profile. It had an average exposure of around 85% in BSE 200 index in the last one year, while it was around 13% in CNX Midcap index for the same period. The scheme had average 64% exposure to S&P CNX Nifty stocks in the last 1-year. The scheme has delivered superior performance in the long term. It has given around 8% returns in the five years period, as compared to 3% returns given by S&P CNX Nifty. During the market meltdown (September 2008-March 2009), the scheme lost around 20% as against a 23% fall in Nifty. As per its latest portfolio (May 2012), the scheme has invested 96% of portfolio in equities, higher than the one year average exposure of 93%. The scheme has diversified its portfolio across 70-75 stocks over the last 1 year period. On the sectoral front, Banks was the most preferred sector with an average exposure of around 20% over a one year period, followed by consumer non-durables with an exposure of 11.4%.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 229.01 11783 -3.93 11464 -9.58 3-Years SIP 30-Jun-09 36000 718.69 36977 1.84 33529 -4.82 5-Years SIP 02-Jul-07 60000 1430.84 73617 8.38 62990 1.98

Inception SIP 01-Aug-05

83000 2241.22 115311 9.56 98024 4.85

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 51.45 47.46 58.66 48.68 26.29 Total Return 8.41 -18.50 20.50 85.17 -45.25 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 S&P CNX 500 7.48 -25.21 15.66 85.04 -55.28 * Last Disclosed NAV of the calendar year

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UTI Equity Fund - Growth BSE 100

31

ICICI Prudential Dynamic Plan - Growth

Scheme Details



Objective To seek to generate capital appreciation by actively investing in equity/equity related securities.

Fund Manager Atul Patel, Mittul Kalawadia, Sankaran Naren

Inception Date 31-Oct-02 Investment Type Diversified Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 4119 Mar-12

Trailing Returns

Period Scheme S&P CNX NIFTY

Growth of Rs 10000


Fund Style Details Total Securities 32 P/E Ratio 18.47 Highest Exposure Scrip Infosys NAV % 10.43







Software 17.82 Banks 12.13 Pharma 10.63 Petroleum Products 10.15 Telecom - Services 8.38 Non - Ferrous Metals 4.03 Auto 3.97 Pesticides 3.93 Power 3.68 Oil 2.42

Holdings % to NAV Infosys Ltd. 10.43 Reliance Industries Ltd. 10.15 Bharti Airtel Ltd. 7.59 Wipro Ltd. 5.16 ICICI Bank Ltd. 5.11 Standard Chartered Bank 4.71 United Phosphorous Ltd. 3.93 Sterlite Industries (India) Ltd. 3.59 Cipla Ltd. 3.54 Sun Pharma 2.63



Analysis Launched in October 2002, ICICI Prudential Dynamic Plan is a flexi-cap opportunities fund with average AUM of Rs. 4119 cr for the quarter ended March 2012. It has agility to capture upside opportunities across value and growth, large-cap and mid-cap, index and non-index stocks. The scheme adopts a ‘Bottom-up’ fundamental analysis strategy, across market capitalizations on a diversified basis to identify and pick its investments. The scheme has outperformed its benchmark (S&P CNX Nifty) in 1, 3 and 5 years period. Also in the bear phase (September 08 – March 09) the scheme not only contained the downside but rebounded with higher returns than the benchmark post market recovery. The scheme has adopted an active cash strategy which helped it mitigate downside risks. This can be viewed from its cash exposure which is on an average 14% of its corpus in last one year. On the industry front, banking and software are the most preferred sectors with average consolidated exposure of around 15% and 14% respectively in last one year.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 119.17 11978 -0.40 11469 -9.49 3-Years SIP 30-Jun-09 36000 372.63 37453 2.73 33954 -3.97 5-Years SIP 02-Jul-07 60000 742.94 74672 8.96 63317 2.19 Inception SIP 31-Oct-02 116000 3199.16 321544 20.37 210128 12.02

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 100.51 88.93 111.60 92.03 51.15 Total Return 13.03 -19.96 21.26 79.93 -44.79 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 BSE 100 May-12 Dec-11 Dec-10 Dec-09 Dec-08 * Last Disclosed NAV of the calendar year

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ICICI Prudential Dynamic Plan - GrowthS&P CNX NIFTY

32

Canara Robeco Equity Diversified - Growth

Scheme Details



Objective To generate capital appreciation by investing in equity and equity related securities.

Fund Manager Soumendra Nath Lahiri Inception Date 16-Sep-03 Investment Type Diversified Equity

Schemes Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 543 Mar-12

Trailing Returns


Growth of Rs 10000




Risk Analysis Std Dev 16.16%

Beta 0.72

Sharpe Ratio -0.22





Banks 21.50 Software 9.02 Consumer Non Durables 8.00 Pharma 6.46 Petroleum Products 5.82 Diversified 5.76 Finance 4.61 Auto 4.12 Cement 3.88 Telecom - Services 3.69

Holdings % to NAV Infosys Ltd. 6.16 HDFC Bank Ltd. 5.69 ICICI Bank Ltd. 4.88 ITC Limited 4.60 State Bank Of India 4.59 Reliance Industries Ltd. 3.57 HDFC Ltd. 3.07 Larsen & Toubro Ltd. 2.90 Hindustan Unilever Ltd. 2.86 TCS Ltd. 2.86



Analysis Canara Robeco Equity Diversified was launched in September 2003 with an objective to generate capital appreciation by investing in equity and equity related securities. The fund intends to adopt a bottom-up strategy of stock picking with focus on the company’s business fundamentals, industry structure, management quality and financial strength. The average assets under management of the fund was Rs 543cr as of the quarter ended March 2012. The scheme has posted a CAGR of 21% since its inception. Over a 3 year period, the scheme has given a compounded annualized return of 12% as on June 29, 2012 as compared to its benchmark’s (BSE 200) 4% return during the same period. The scheme is a well diversified equity fund investing across mid and large market capitalizations. Its average exposure to stocks in the S&P CNX Nifty and CNX Midcap stood at 63% and 14% respectively over a period of 1-year. The scheme has also remained well invested in equities with an average exposure of 92% over the last one year. At the industry level, banks has been the most favoured sector over the past one year, with an average 19% exposure followed by Consumer non-durables and Software with 9% and 8%, respectively.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns


Inception SIP 16-Sep-03

106000 4011.00 210297 15.23 160687 9.33


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Mar

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May

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Canara Robeco Equity Diversified - GrowthBSE 200

33

HDFC Equity Fund - Growth

Scheme Details



Objective To achieve capital appreciation.

Fund Manager Prashant Jain, Rakesh Vyas

Inception Date 1-Jan-95 Investment Type Diversified Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 9916 Mar-12

Trailing Returns

Period Scheme S&P CNX 500

Growth of Rs 10000


Fund Style Details Total Securities 58 P/E Ratio 39.57 Highest Exposure Scrip SBI NAV % 9.63







Banks 19.39 Software 9.07 Consumer Non Durables 7.03 Petroleum Products 4.95 Oil 4.79 Auto 4.24 Pharma 3.90 Diversified 2.92 Telecom - Services 2.84 Ferrous Metals 2.80

Holdings % to NAV State Bank Of India 9.63 ICICI Bank Ltd. 5.58 ITC Limited 5.34 Infosys Ltd. 5.06 Tata Motors Ltd. 4.24 ONGC 3.06 Larsen & Toubro Ltd. 2.92 Bank Of Baroda 2.84 Bharti Airtel Ltd. 2.84 Tata Steel Ltd. 2.80



Analysis HDFC Equity Fund was launched in December 1994, under the erstwhile Zurich India Mutual Fund umbrella of schemes and is amongst the oldest in its category with a track record of over 17 years. In June 2003, the scheme’s ownership migrated to HDFC Mutual Fund and since then is managed by Prashant Jain. The average assets under management of the fund have grown steadily to reach Rs 9916cr as of the quarter ended March 2012. Having completed 17 years since its inception, the scheme has gone through bull as well as bear phases of the market and has stood the test of the time. It has posted a CAGR of 20% since its inception. Over a 5 year period, the scheme has given a compounded annualized return of 8.5% as on June 29, 2012 as compared to its benchmark’s (S & P CNX 500) 2% return during the same period. The scheme is a well diversified equity fund investing across mid and large market capitalizations. Its average exposure to stocks in the S&P CNX Nifty and CNX Midcap stood at 54% and 11% respectively over a period of 1-year. The scheme has also remained well invested in equities with an average exposure of 98% over the last one year.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 47.57 11522 -8.57 11464 -9.59 3-Years SIP 30-Jun-09 36000 146.42 35468 -1.02 33262 -5.35 5-Years SIP 02-Jul-07 60000 309.49 74966 9.13 62507 1.67 Inception SIP 01-Jan-95 210000 10709.68 2594142 24.99 698894 12.55


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-12

HDFC Equity Fund - GrowthS&P CNX 500 EQUITY INDEX

34

UTI Dividend Yield Fund - Growth

Scheme Details



Objective To provide medium to long term capital gains and / or dividend distribution by investing predominantly in equity and equity related instruments that offer a high dividend yield.

Fund Manager Swati Kulkarni Inception Date 1-Jun-05 Investment Type Diversified Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 3600 Mar-12

Trailing Returns


3 Months -9.01 -8.59 9099 6 Months -0.31 2.29 9969 1 Years -8.82 -12.34 9118 2 Years 0.97 -2.92 10195 3 Years 12.59 3.78 14271 5 Years 10.66 2.67 16593 Inception 16.45 13.94 29054


ICICI Bank

NAV % 6.50







Banks 23.70 Consumer Non Durables 9.57 Cement 8.14 Software 7.68 Finance 6.25 Auto 5.02 Gas 4.24 Oil 4.16 Power 3.72 Fertilisers 3.03

Holdings % to NAV ICICI Bank Ltd. 6.50 State Bank Of India 5.93 ITC Limited 4.81 Infosys Ltd. 4.51 NTPC 3.46 GSK Pharm Ltd. 2.81 ONGC 2.80 Ambuja Cements Ltd. 2.71 Bajaj Auto Ltd. 2.58 Lic Housing Finance Ltd. 2.50



Analysis Launched in June 2005, UTI Dividend Yield fund is a diversified equity fund that follows value style of investing and managed average assets under management of Rs 3600 cr for the quarter ending March 2012. As the name implies the scheme focuses its investments in stocks which offer high dividend yield. The scheme has defined dividend yield as ‘high’ if it is greater than the dividend yield of the S&P CNX Nifty. The scheme follows a defensive strategy of investing in stocks which are high dividend yielding (on historical basis) or potential high dividend yielding stocks. It aims to include a good mix of companies across various sectors in its portfolio. Over the year, the scheme has invested 57% in S&P CNX Nifty constituents, while it invested an average 19% in CNX Midcap Index and 1.6% in BSE Small Cap index during the same period. The scheme has been a steady performer with low volatility in returns. It has shown good performance especially in the longer tenure of 3 and 5 years by beating its benchmark (BSE 100 index) by a comfortable margin. Its investment style of holding stocks with high dividend yields provides stability to its performance, especially in volatile markets. Another important aspect of UTI Dividend Yield Fund’s investment style has been the active cash calls that the fund has taken during the market downturn to limit downsides in the portfolio performance. The scheme has invested around 89% of its portfolio in equities as per its May portfolio, slightly lower than the one year average exposure of 90% in equities. The average number of stocks held over the last one year was 53 with the top 10 stocks accounting for an average 39% of its assets.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 390.49 11391 -10.87 11464 -9.58 3-Years SIP 30-Jun-09 36000 1234.61 36014 0.03 33529 -4.82 5-Years SIP 02-Jul-07 60000 2546.48 74281 8.75 62990 1.98 Inception SIP 01-Jun-05 85000 4420.14 128935 11.81 102626 5.36


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UTI Dividend Yield Fund - GrowthBSE 100

35

DSP BlackRock Equity Fund - Growth

Scheme Details



Objective To generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India.

Fund Manager Apoorva Shah Inception Date 7-Jun-07 Investment Type Diversifed Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 2551 Mar-12

Trailing Returns


Growth of Rs 10000

3 Months -7.25 -8.48 9275 6 Months 4.15 2.67 10415 1 Years -9.36 -12.91 9064 2 Years 0.38 -3.78 10075 3 Years 10.37 3.00 13446 5 Years NA NA NA Inception 8.38 3.59 14934

Fund Style Details Total Securities 35 P/E Ratio 23.03 Highest Exposure Scrip BPCL NAV % 4.94







Banks 14.03 Software 11.86 Finance 9.25 Petroleum Products 8.67 Auto 7.06 Pharma 6.29 Consumer Non Durables 5.46 Chemicals 3.82 Auto Ancillaries 3.14 Industrial Capital Goods 3.12

Holdings % to NAV BPCL 4.94 Reliance Industries Ltd. 3.72 TCS 3.64 Kotak Mahindra Bank Ltd. 3.47 Wipro Ltd. 3.41 Lupin Ltd. 2.88 Godrej Industries Ltd 2.68 State Bank Of India 2.56 Maruti Suzuki India Ltd. 2.49 Apollo Tyres Limited 2.45



Analysis Launched in April 1997, DSP BlackRock Equity Fund is an open ended equity scheme with an objective to generate long term capital appreciation, from a portfolio that is substantially constituted of equity and equity related securities of issuers domiciled in India. The scheme had a well-diversified portfolio of 70 stocks in its May 2012 portfolio, with the top 10 stocks accounting for an average 32% of its assets. The average equity allocation for the scheme has been at around 95% in the last one year. The scheme’s average exposure to S&P CNX 500, CNX Midcap and BSE Smallcap stocks during the past one year has stood at around 93%, 19% and 2% respectively. Among sectors, Banks had the highest average exposure of nearly 13% over the last 1-year followed by IT-Software which saw over 7% exposure. On the returns front, the scheme has outperformed its benchmark (S&P CNX 500) by giving returns of around 10% in the 3-year period as compared to 3% given by the benchmark as of 29th June 2012; and has gained 8.4% since its inception.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 780.13 11650 -6.29 11464 -9.59 3-Years SIP 30-Jun-09 36000 2391.17 35710 -0.55 33262 -5.35 5-Years SIP 02-Jul-07 60000 4794.59 71602 7.23 62507 1.67 Inception SIP 07-Jun-07 61000 4894.59 73096 7.28 63629 1.69


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DSP BlackRock Equity Fund - GrowthS&P CNX 500 EQUITY INDEX

36

IDBI India Top 100 Equity Fund - Growth

Scheme Details

Fund Rank NA Style Box


Objective To provide investors with opportunities for long-term growth in capital through active management of a diversified basket of equity stocks, debt and money market instruments.

Fund Manager V.Balasubramanian Inception Date 9-May-12 Investment Type Diversified Equity

Schemes Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr NA Mar-12

Trailing Returns

Period Scheme CNX 100 Growth of Rs 10000

3 Months NA NA NA 6 Months NA NA NA 1 Years NA NA NA 2 Years NA NA NA 3 Years NA NA NA 5 Years NA NA NA Inception NA NA NA


Axis Bank

NAV % 3.34







Banks 8.82 Diversified 5.05 Auto 4.71 Industrial Products 1.12 Pharma 1.11 Power 1.05 Fertilisers 0.88 Cement 0.66

Holdings % to NAV Axis Bank Ltd. 3.34 ICICI Bank Ltd. 2.92 Larsen & Toubro Ltd. 2.52 Bajaj Auto Ltd. 2.17 Mahindra & Mahindra Ltd. 1.87 Aditya Birla Nuvo Ltd. 1.61 State Bank Of India 1.47 Bharat Forge Ltd. 1.12 Cipla Ltd. 1.11 HDFC Bank Ltd. 1.09


Analysis IDBI India Top 100 Equity Fund was launched in May 2012 with an objective to provide investors with opportunities for long-term growth in capital through active management of a diversified basket of equity stocks, debt and money market instruments. The scheme seeks to maintain a well diversified equity portfolio across mid and large market capitalizations. Its average exposure to stocks in the S&P CNX Nifty and CNX Midcap stood at 20% and 4% respectively as per its latest portfolio (May 2012). The scheme is yet to deploy is full corpus as can be noticed from the fact that it had just 23% exposure to equities in May 2012 and remaining was in the form of cash and cash equivalents. At the industry level, banks has been the most favoured sector with around 9% exposure, as per its May 2012 portfolio.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP NA NA NA NA NA NA NA 3-Years SIP NA NA NA NA NA NA NA 5-Years SIP NA NA NA NA NA NA NA Inception SIP NA NA NA NA NA NA NA

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 10.03 NA NA NA NA Total Return NA NA NA NA NA S&P CNX Nifty NA NA NA NA NA CNX 100 NA NA NA NA NA * Last Disclosed NAV of the calendar year

9

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24-M

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IDBI India Top 100 Equity Fund - GrowthCNX 100

37

ICICI Prudential Focused Bluechip Equity Fund - Growth

Scheme Details



Objective To generate long-term capital appreciation and income distribution to unitholders from a portfolio that is invested in equity and equity related securities of about 20 companies belonging to the large cap domain and the balance in debt securities.

Fund Manager Atul Patel, Manish Gunwani

Inception Date 23-May-08 Investment Type Large cap Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 3805 Mar-12

Trailing Returns


Growth of Rs 10000


Fund Style Details Total Securities 32 P/E Ratio 18.90

Highest Exposure Scrip

HDFC Bank

NAV % 7.94







Banks 21.68 Software 16.16 Consumer Non Durables 8.84 Auto 8.68 Petroleum Products 7.06 Pharma 5.60 Non - Ferrous Metals 5.26 Telecom - Services 4.51 Oil 2.67 Power 2.65

Holdings % to NAV HDFC Bank Ltd. 7.94 Infosys Ltd. 7.87 ITC Limited 7.00 Reliance Industries Ltd. 6.00 Wipro Ltd. 5.43 Bajaj Auto Ltd. 5.40 ICICI Bank Ltd. 4.56 Bharti Airtel Ltd. 4.51 Hindustan Zinc Ltd. 4.11 Kotak Mahindra Bank Ltd. 3.95



Analysis Launched in May 2008, ICICI Prudential Focused Equity Fund, an open-ended equity scheme aims to generate long-term total capital appreciation by investing in equity and equity related securities of about 20 large-cap companies. The scheme, without having any sector bias, seeks to capture the best opportunities that are available in the universe of large and well established companies. The scheme follows the bottom-up approach to identify stocks that are available at a bargain price and have a promising potential for long-term growth. The fund focuses on fact that diversification is needed to reduce risk but too much diversification can result in diminishing returns. So the fund tries to strike a balance between minimum risk and maximum returns. The scheme had 1-year average exposure of around 91% in BSE 200 index, while the exposure to midcap segment stood at 7%; it had no exposure to small cap stocks. Further, the scheme had average 79.5% exposure to S&P CNX Nifty stocks in the last 1-year. The scheme has delivered superior performance in the long term. It has given 12% returns in the three years period, as compared to 3% returns given by S&P CNX Nifty. During the market meltdown (September 2008-March 2009), the scheme lost around 15% as against a 23% fall in Nifty. As per its latest portfolio (May 2012), the scheme has invested 92% of portfolio in equities, higher than the average equity exposure of 90% over a period of last 1 year. The scheme has diversified its portfolio across 23-37 stocks over the last 1 year period.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 761.79 11617 -6.88 11469 -9.49 3-Years SIP 30-Jun-09 36000 2430.96 37072 2.02 33954 -3.97 5-Years SIP NA NA NA NA NA NA NA

Inception SIP 23-May-08

50000 4127.00 62937 11.47 53623 3.45

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 15.25 14.52 17.37 13.67 7.15 Total Return 5.03 -15.87 27.07 91.19 NA S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 * Last Disclosed NAV of the calendar year

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ICICI Prudential Focused Bluechip Equity Fund - GrowthS&P CNX NIFTY

38

Fidelity Equity Fund - Growth

Scheme Details



Objective To generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities.

Fund Manager Anirudh Gopalakrishnan, Sandeep Kothari

Inception Date 16-May-05 Investment Type Large cap Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 3401 Mar-12

Trailing Returns










Banks 19.61 Software 9.45 Pharmaceuticals 9.30 Consumer Non Durables 8.27 Finance 6.73 Petroleum Products 6.37 Power 4.11 Auto 4.03 Diversified 3.28 Oil 3.23

Holdings % to NAV ITC Limited 6.49 Reliance Industries Ltd. 6.37 HDFC Bank Ltd. 5.52 ICICI Bank Ltd. 5.42 TCS Ltd. 4.07 State Bank Of India 4.07 Infosys Ltd. 3.92 Cipla Ltd. 3.91 HDFC Ltd. 3.73 Dr. Reddys Laboratories Ltd. 3.69



Analysis Launched in May 2005 as a diversified equity scheme, it has been re-classified as a large cap equity scheme due to its large exposure in large cap stocks. It aims to generate long-term capital growth from a portfolio of predominantly equity and equity-related securities. The assets under management of scheme stood at Rs. 3401 cr as of the quarter ended March 2012. The scheme has delivered impressive performance since its launch. It follows a bottom-up stock picking investment approach (prefers to focus on individual stocks rather than a top-down approach) and its performance during the market downturn and upturn is testimonial to its bottom-up stock picking approach. In the 5-years period, the scheme gained 6.3% as compared to 2.5% returns for the benchmark (BSE 200). The scheme had about 66% exposure in S&P CNX Nifty, 87% in S&P CNX 500 and 2% in BSE smallcap stocks in last one-year period. The scheme has remained well invested in equities with an average exposure of over 91% over the last one year. The scheme’s portfolio was spread across 50-65 stocks over the last 1 year period, with the top 10 stocks accounting for an average 47% of its assets. On the sector front, banking has been the most preferred sector of the scheme with an average exposure of around 17% over the past 1 year period, followed by Software with an exposure of 9% in the same period.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 360.71 11474 -9.40 11466 -9.56 3-Years SIP 30-Jun-09 36000 1123.27 35731 -0.51 33386 -5.10 5-Years SIP 02-Jul-07 60000 2241.08 71289 7.05 63047 2.02

Inception SIP 16-May-05

86000 3916.80 124593 10.38 104335 5.43


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Fidelity Equity Fund - Growth BSE 200

39

UTI Opportunities Fund - Growth

Scheme Details



Objective To generate capital appreciation and or income distribution by investing the funds of the scheme in equity shares and equity-related instruments.

Fund Manager Anoop Bhaskar Inception Date 20-Jul-05 Investment Type Large cap Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 2606 Mar-12

Trailing Returns




ITC NAV % 6.58







Banks 18.47 Consumer Non Durables 13.13 Cement 8.68 Finance 8.63 Software 8.15 Auto 6.59 Gas 4.30 Diversified 4.12 Oil 3.57 Pharma 3.01

Holdings % to NAV ITC Limited 8.16 HDFC Bank Ltd. 7.21 CRISIL Ltd. 5.94 Infosys Ltd. 4.79 ICICI Bank Ltd. 4.58 State Bank Of India 4.17 HDFC Ltd. 3.11 TCS Ltd. 2.83 Cairn India Ltd. 2.71 Ambuja Cements Ltd. 2.53



Analysis Launched in July 2005, UTI Opportunities Fund is a diversified large cap oriented fund seeking to generate capital appreciation and income distribution by investing the funds of the scheme in equity shares and equity-related instruments. The focus of the scheme is to capitalise on opportunities arising in the market by responding to the dynamically changing Indian economy by moving its investments amongst different sectors as prevailing trends change. The fund’s asset under management (AUM) was Rs. 2,606 crores for the quarter ended March 2012. On the return front, the fund has exhibited outstanding performance by outperforming the benchmark (BSE 100) in all the period under analysis; and has gained 15% since its inception. On the portfolio front, the fund is well diversified with the top 10 stocks of the fund constituted 44% of its portfolio over the past one year ending May 2012. For the same period, the fund held an average of 38 stocks in its portfolio. Over the past one year, Banking, Consumer non-durables and Cement have accounted for nearly 38% of the fund’s portfolio reflecting fund manager’s optimistic view on these sectors.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 442.71 11820 -3.25 11464 -9.58 3-Years SIP 30-Jun-09 36000 1428.14 38131 3.98 33529 -4.82 5-Years SIP 02-Jul-07 60000 2940.27 78505 11.04 62990 1.98 Inception SIP 20-Jul-05 84000 4809.20 128406 12.18 100183 5.07

History May-12 Dec-11 Dec-10 Dec-09 Dec-08

NAV * 26.70 25.26 28.74 24.07 12.18 Total Return 5.70 -11.62 19.40 97.62 -49.04 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 BSE 100 7.48 -25.21 15.66 85.04 -55.28 * Last Disclosed NAV of the calendar year

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UTI Opportunities Fund - GrowthBSE 100

40

Fidelity India Growth Fund - Growth

Scheme Details



Objective To generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities.

Fund Manager Anirudh Gopalakrishnan, Sandeep Kothari

Inception Date 23-Oct-07 Investment Type Large cap Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 327 Mar-12

Trailing Returns


3 Months -7.63 -8.57 9237 6 Months 0.35 2.56 10035 1 Years -10.07 -12.97 8993 2 Years 0.56 -3.52 10113 3 Years 11.14 4.14 13727 5 Years NA NA NA Inception 2.09 -1.09 10998








Banks 21.00 Software 9.92 Pharmaceuticals 8.48 Finance 8.07 Consumer Non Durables 7.06 Petroleum Products 6.13 Power 3.78 Diversified 3.69 Gas 3.55 Auto 3.28

Holdings % to NAV ITC Limited 6.45 Reliance Industries Ltd. 6.13 HDFC Bank Ltd. 6.05 ICICI Bank Ltd. 5.67 Infosys Ltd. 4.33 TCS 4.21 HDFC Ltd 3.93 Dr. Reddys Laboratories Ltd. 3.85 Cipla Ltd. 3.60 Gujarat Fluorochemicals Ltd. 3.55



Analysis Fidelity India Growth fund, launched in October 2007, is a diversified equity fund with a tilt towards large cap stocks and manages assets worth Rs.327 cr as of Jan-March 2012 period. The large cap bias is clearly visible with around 68% of the fund’s assets (on an average) being invested in S&P CNX Nifty stocks over the past one year ending May 2012. Fidelity India Growth Fund is among the few funds which has consistently outperformed its benchmark especially in the period which saw the market in great turmoil. In the 3 year period, the scheme gained 11% when its benchmark (BSE 200) was up just 4%. The scheme had 43 stocks in its May 2012 portfolio with 91% portfolio invested in equities. Its top 10 holdings accounted for 45% of the portfolio and Reliance Industries Ltd. was the top stock holding with an exposure of 6%. Banking was the preferred industry in February with around 18% exposure, followed by Computers – Software with 11% exposure.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 1040.76 11446 -9.90 11466 -9.56 3-Years SIP 30-Jun-09 36000 3238.14 35613 -0.74 33386 -5.10 5-Years SIP NA NA NA NA NA NA NA Inception SIP 23-Oct-07 57000 6137.85 67504 7.31 59756 2.03


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Fidelity India Growth Fund - GrowthBSE 200

41

HDFC Top 200 Fund - Growth

Scheme Details



Objective To generate long term capital appreciation from a portfolio of equity and equity-linked instruments primarily drawn from the companies in BSE 200 index.

Fund Manager Rakesh Vyas, Prashant Jain

Inception Date 11-Oct-96 Investment Type Large cap Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 11381 Mar-12

Trailing Returns










Banks 22.66 Software 10.09 Consumer Non Durables 5.80 Diversified 5.05 Petroleum Products 4.29 Oil 4.07 Auto 4.03 Telecom - Services 2.96 Finance 2.88 Pharma 2.52

Holdings % to NAV State Bank Of India 8.96 Infosys Ltd. 5.95 ITC Limited 5.80 ICICI Bank Ltd. 5.69 Tata Motors Ltd. 4.03 TCS Ltd 3.09 Larsen & Toubro Ltd. 3.08 HDFC Bank Ltd. 3.07 Bharti Airtel Ltd. 2.96 Reliance Industries Ltd. 2.81



Analysis Launched in October 1996, the scheme manages a corpus of Rs. 11381 cr for the quarter ended Jan-Mar 2012, the largest among large cap schemes. With a good long term track record of 15 years, the scheme has rewarded its investors with significant returns. It has grown at a CAGR of over 21% since its inception in 1996. The scheme has also consistently outperformed its benchmark (BSE 200) and peers in the large cap category and this holds true for market rallies as well as market downturns. For instance in the 3-year period ended May 2012, the scheme surged 10% as compared to 4% gains for the BSE 200. The scheme has benefited from its strategy of maintaining a diversified portfolio of stocks with inclination towards large cap stocks. The scheme has over the years adhered to its mandate of investing predominantly into stocks comprising the BSE 200 index, with an average exposure of around 82% to the index over the past one year. This strategy of primarily restricting the equity portfolio to the BSE 200 index stocks is intended to reduce risk while maintaining steady growth. The fund manager employs a blend of top-down and bottom up approach for portfolio construction. The scheme’s average exposure to equities has stood at 98% in the last 1-year period with Banking being the top invested sector for the scheme (average exposure of 22%), followed by Information Technology with an exposure of around 10% in the same period.


Period SIP

Start Date



Number of Units

Market Value

SIP Retur

ns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 61.92 11524 -8.53 11466 -9.56 3-Years SIP 30-Jun-09 36000 189.09 35193 -1.55 33386 -5.10 5-Years SIP 02-Jul-07 60000 391.06 72782 7.91 63047 2.02 Inception SIP 11-Oct-96 189000 6900.62 1284316 21.76 596744 13.46


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HDFC Top 200 Fund - GrowthBSE 200

42

Franklin India Bluechip Fund - Growth

Scheme Details



Objective An open end equity fund which aims to provide medium to long term capital appreciation.

Fund Manager Anand Radhakrishnan, Anand Vasudevan

Inception Date 1-Dec-93 Investment Type Large cap Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 4516 Mar-12

Trailing Returns

Period Scheme BSE SENSEX

Growth of Rs 10000









Banks 22.45 Software 8.99 Telecom - Services 8.58 Pharma 8.06 Power 7.51 Petroleum Products 5.99 Auto 5.36 Cement 4.76 Minerals/Mining 3.22 Consumer Non Durables 3.00

Holdings % to NAV Infosys Ltd. 7.50 ICICI Bank Ltd. 7.13 Bharti Airtel Ltd. 6.98 HDFC Bank Ltd. 4.88 Reliance Industries Ltd. 4.44 Grasim Industries Limited 3.89 Power Grid Corporation 3.06 Kotak Mahindra Bank Ltd. 2.93 Dr. Reddys Lab 2.92 Indusind Bank Ltd. 2.68



Analysis Franklin India Bluechip Fund is one of the oldest equity schemes and has been in existence for 19 years. The scheme boasts of a good long term track record having grown at a CAGR of 23% since its inception in 1993. It manages assets worth Rs 4516cr as of the quarter ended March 2012. Throughout its existence, the scheme has either given returns in-line with the benchmark or higher than the benchmark in all the calendar years. It has given 7% returns in the five years period, as compared to around 2% returns given by BSE SENSEX as on June 29 2012. In the short term period of 6 months, the scheme gained by almost 2% as compared to 0.6% growth in its benchmark. The scheme follows a bottom-up approach to stock-picking and chooses companies across sectors. It primarily aims to invest in diversified portfolio of stocks which have a large market capitalization and are liquid. It has invested 93% of May portfolio in equities with an average exposure of 91% over the last one year. Adhering to its investment objective its exposure in large cap stocks as represented by the S&P CNX Nifty stocks has stood at 69% in the past 1-year ended May 2012. The scheme’s exposure to BSE 200 has been 91% in the past 1-year while it has no exposure to smallcap stocks.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns


Inception SIP 01-Dec-93

223000 5480.25 2602639

22.88 691965 11.13

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 474.91 447.77 547.72 445.43 241.44 Total Return 6.06 -17.72 22.96 84.49 -48.14 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 BSE SENSEX 4.94 -24.20 17.43 81.03 -52.45 * Last Disclosed NAV of the calendar year

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Franklin India Bluechip Fund - GrowthBSE SENSEX

43

IDFC Premier Equity Fund - Plan A - Growth

Scheme Details



Objective To generate long term capital growth from a diversified portfolio of predominantly equity and equity related instruments.

Fund Manager Kenneth Andrade Inception Date 28-Sep-05 Investment Type Small and Mid Cap Maturity Type Open Ended Min. Investment Rs. 10000 Average AUM Rs.Cr 2561 Mar-12

Trailing Returns


3 Months -0.48 -8.42 9952 6 Months 7.70 2.67 10770 1 Years 1.20 -13.19 10120 2 Years 7.89 -3.77 11640 3 Years 19.68 4.38 17143 5 Years 15.42 2.15 20487 Inception 19.27 9.93 32436



Nifty Futures

NAV % 7.80







Consumer Non Durables 20.47 Finance 11.05 Textile Products 6.74 Transportation 6.08 Power 4.20 Auto Ancillaries 3.58 Fertilisers 3.24 Banks 2.80 Industrial Capital Goods 2.23 Gas 2.22

Holdings % to NAV Nifty Futures 7.80 Asian Paints (india) Ltd. 4.67 Page Industries Ltd. 4.62 Bata India Ltd. 4.11 GSK Consumer HC 3.85 Coromandel Int. 3.24 Blue Dart Express Ltd. 2.99 Torrent Power Ltd. 2.87 Kotak Mahindra Bank Ltd. 2.80 Kaveri Seed Company Ltd. 2.78



Analysis IDFC Premier Equity Fund, launched in September 2005 seeks to generate long-term capital growth from an actively managed portfolio of predominately equity and equity related instruments. The scheme focuses its investments in companies which are going to undergo transformational changes in their business prospects. It seeks to acquire small and medium size business with good long term potential, that are available at cheap valuations. The scheme manages assets worth Rs. 2561 cr as of Jan-March 2012 quarter. The scheme has beaten its benchmark (BSE 500) in a longer time frame of 3 and 5 years. In the 5-years period the compounded annualized return was almost 15.42% as compared to a 2.15% returns for the benchmark (BSE 500) whereas in the 3years period, the scheme gained about 19.68% as compared to 4.38% gains for the benchmark. Even the last 1-year period when the markets were highly volatile, the scheme’s performance was better than its benchmark BSE 500. The scheme gained around 1.20% as compared to negative 13.19% returns for its benchmark. The scheme has grown at a CAGR of 19.27% since its inception in September 2005. In line with its investment objective the scheme has a bias towards mid and smallcap stocks. The average allocation to stocks of the CNX Midcap, BSE Midcap and BSE smallcap has stood at 12%, 34% and 4% respectively in last one-year period. It average exposure to stocks of its benchmark BSE 500 has been 52% in last one-year period. Its latest portfolio reveals that the scheme has invested around 80% of its assets in equities in May 2012. Its average exposure to equities stood at 78% over past one year.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 375.11 12167 3.06 11464 -9.59 3-Years SIP 30-Jun-09 36000 1233.04 39995 7.34 33347 -5.18 5-Years SIP 02-Jul-07 60000 2634.28 85446 14.56 62885 1.91 Inception SIP 28-Sep-05 82000 4564.79 148065 17.40 94636 4.23


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IDFC Premier Equity Fund - Plan A - GrowthBSE 500

44

ICICI Prudential Discovery Fund - Growth

Scheme Details



Objective To generate returns via combination of dividend income and capital appreciation by investing in a well-diversified portfolio of value stocks.

Fund Manager Atul Patel, Mrinal Singh

Inception Date 16-Aug-04 Investment Type Small and Mid Cap Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 1779 Mar-12

Trailing Returns

Period Scheme CNX Midcap

Growth of Rs 10000




Reliance Industries

NAV % 4.69







Pharma 15.68 Software 12.03 Auto Ancillaries 7.61 Banks 7.12 Cement 6.60 Petroleum Products 4.69 Telecom - Services 3.86 Non - Ferrous Metals 3.75 Consumer Non Durables 3.62 Textiles - Cotton 3.49

Holdings % to NAV Reliance Industries Ltd. 4.69 Cipla Ltd. 4.17 Amara Raja Batteries Limited 4.08 Bharti Airtel Ltd. 3.86 Sterlite Industries (India) Ltd. 3.75 Vardhman Textiles Ltd. 3.49 Rain Commodities Ltd. 3.44 Mindtree Ltd. 3.14 Balkrishna Industries Ltd. 3.12 United Phosphorous Ltd. 2.94



Analysis Launched in August 2004, ICICI Prudential Discovery Fund is open ended diversified equity scheme managing assets worth Rs. 1778 cr for the quarter ended March 2012. The objective of the scheme aims to provide long term capital growth by investing primarily in a well-diversified portfolio of companies accumulated at a discount to its fair value. The scheme has delivered impressive performance in the long term periods; in the 5-years period, the compounded annualized return was almost 10.93% as compared to a 4.09% returns for the benchmark CNX Midcap whereas in the 3years period, the scheme gained about 20.89% as compared to 8.79% gains for the benchmark. The scheme has grown at a CAGR of 22% since its inception in August 2004. The average allocation to stocks of the CNX Midcap, BSE 500, S&P CNX 500 has stood at 27%, 87% and 76% respectively in last 1-year period. The scheme has remained well invested in equities with an exposure of 89% in May 2012 as compared to average exposure of 90% over last 1-year period. Its portfolio as of May was spread across 57 stocks with the top 10 stocks accounting for an average around 37% of its assets. On the sector front, pharmaceuticals has been the most preferred sector of the scheme with an average exposure of around 15% over the past one-year period, followed by banks with an exposure of around 11% in the same period.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 263.43 12468 8.65 11438 -10.04 3-Years SIP 30-Jun-09 36000 831.24 39343 6.18 33373 -5.13 5-Years SIP 02-Jul-07 60000 1860.58 88061 15.83 65779 3.75

Inception SIP 16-Aug-04

95000 3848.31 182140 16.31 133290 8.54

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 47.33 39.30 51.53 40.35 17.22 Total Return 20.43 -23.24 27.71 134.32 -54.56 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 CNX Midcap 12.87 -30.17 19.16 98.97 -59.29 * Last Disclosed NAV of the calendar year

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ICICI Prudential Discovery Fund - GrowthCNX Midcap Index

45

SBI Magnum Sector Umbrella - Emerging Business Fund - Growth

Scheme Details



Objective To participate in the growth potential presented by various companies that are considered emergent and have export orientation/outsourcing opportunities or are globally competitive.

Fund Manager Rama Iyer Srinivisan Inception Date 11-Oct-04 Investment Type Small and Mid Cap Maturity Type Open Ended Min. Investment Rs. 2000 Average AUM Rs.Cr 507 Mar-12

Trailing Returns


3 Months 2.45 -8.42 10245 6 Months 7.54 2.67 10754 1 Years 9.19 -13.19 10919 2 Years 13.11 -3.77 12795 3 Years 21.44 4.38 17910 5 Years 7.07 2.15 14073 Inception 21.34 14.48 43845


Page Ind

NAV % 6.81







Pharmaceuticals 15.45 Software 10.53 Banks 9.76 Auto Ancillaries 7.72 Cement 6.66 Non - Ferrous Metals 6.43 Petroleum Products 5.36 Ferrous Metals 3.98 Power 3.85 Consumer Non Durables 3.66

Holdings % to NAV Sterlite 6.43 Cipla 5.55 RIL 5.36 Amara Raja Batteries 3.67 Rain Commodities 3.53 Tata Motors 3.33 Oracle Financial Services 3.01 Vardhman Textiles 2.90 United Phosphorous 2.90 Balkrishna Ind 2.73



Analysis SBI Magnum Sector Umbrella - Emerging Business Fund, launched in October 2004, aims to provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy. The investment objective of the Emerging Business Fund would be to participate in the growth potential presented by various companies that are considered emergent and have export orientation/outsourcing opportunities or are globally competitive by investing in the stocks representing such companies. The fund may also evaluate emerging businesses with growth potential and domestic focus. The scheme is managing assets worth Rs 507 cr for Jan-March 2012. It has an average exposure of 47%, 44% and 35% in BSE 500, CNX 500 and BSE Small cap. Further, the scheme had average 30% exposure to BSE Midcap stocks in the last 1-year. The scheme has delivered superior performance in the long term. It has given 21.44% and 7.07% returns over three and five year period as compared to 4.38% and 2.15% returns given by its benchmark BSE 500. The scheme has given returns of 21.34% since inception. As per its latest portfolio (May 2012), the scheme has invested 84% of portfolio in equities as compared to 87% invested over a period of last one year. On the sectoral front, Consumer Non-Durables was the most preferred sector with an average exposure of around 18% over a one year period, followed by Finance with an exposure of nearly 14%.


Period SIP

Start Date



Number

of Units

Market Value

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s

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 276.16 12375 6.90 11464 -9.59 3-Years SIP 30-Jun-09 36000 966.74 43320 13.09 33346 -5.18 5-Years SIP 02-Jul-07 60000 1967.89 88181 15.88 62884 1.91 Inception SIP 11-Oct-04 93000 3635.66 162914 14.40 120433 6.68


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SBI Magnum Sector Umbrella - Emerging Business Fund - GrowthBSE 500

46

Birla Sun Life Dividend Yield Plus - Growth

Scheme Details



Objective To provide capital growth and income by investing primarily in a Well-Diversified portfolio of dividend paying companies that have a relatively high dividend yield.

Fund Manager Nishit Dholakia Inception Date 27-Feb-03 Investment Type Small and Mid Cap Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 1163 Mar-12

Trailing Returns


Growth of Rs 10000









Banks 17.86 Consumer Non Durables 12.81 Auto 9.05 Petroleum Products 8.60 Software 7.31 Fertilisers 4.33 Oil 4.06 Finance 3.11 Industrial Products 3.01 Pharma 2.96

Holdings % to NAV ITC Limited 4.02 ONGC 3.06 Bajaj Auto Ltd. 2.84 Tata Motors Ltd. 2.83 GSK Consumer HC 2.70 Hero Motocorp Ltd. 2.44 BPCL 2.33 HPCL 2.24 Oriental Bank Of Commerce 2.10 Hexaware Technologies Ltd. 2.09



Analysis Launched in February 2003, Birla Sun Life Dividend Yield Plus Fund is an open ended diversified equity scheme managing assets worth Rs. 1163 cr as of the quarter ended March 2012. It aims to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield. The scheme follows a defensive strategy of investing in stocks with high dividend yield which is a value style of investing. The scheme has exhibited superior performance in the long term periods; in the 5-years period, the compounded annualized return was almost 11.38% as compared to a 1.89% returns for the benchmark (S&P CNX 500) whereas in the 3years period, the scheme surged about 15% as compared to 3% gains for the benchmark. The scheme is well-diversified across market capitalization. Its average exposure to stocks of S&P CNX 500, BSE 200 and BSE Small cap has stood at 84%, 58% and 9% respectively in last one-year period. The scheme has invested around 92% of the portfolio in equities in May 2012, higher than its average of around 89% over a period of one year. Its portfolio as of May was spread across 76 stocks with the top 10 stocks accounting for an average around 27% of its assets. On the sector front, banking has been the most preferred sector of the scheme with an average exposure of around 16% over the past one-year period.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 146.79 11622 -6.80 11464 -9.59 3-Years SIP 30-Jun-09 36000 470.41 37242 2.34 33262 -5.35 5-Years SIP 02-Jul-07 60000 1015.90 80429 12.04 62507 1.67 Inception SIP 27-Feb-03 113000 3280.51 259718 17.20 191701 11.03


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Birla Sun Life Dividend Yield Plus - GrowthS&P CNX 500 EQUITY INDEX

47

ICICI Prudential Infrastructure Fund - Growth

Scheme Details



Objective To generate capital appreciation and income distribution to unitholders by investing predominantly in equity, equity related securities of the companies belonging to the infrastructure industries. Fund Manager Yogesh Bhatt, Atul

Patel Inception Date 9-Sep-05 Investment Type Infrastructure Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 2154 Mar-12

Trailing Returns

Period Scheme CNX INFRA

Growth of Rs 10000

3 Months -12.94 -16.80 8706 6 Months -2.86 -9.85 9714 1 Years -19.25 -26.51 8075 2 Years -9.59 -17.70 8174 3 Years -2.07 -15.96 9391 5 Years 2.33 -9.73 11219 Inception 13.23 4.58 23070

Fund Style Details Total Securities 21 P/E Ratio 13.59 Highest Exposure Scrip RIL NAV % 8.11







Banks 18.20 Power 15.14 Petroleum Products 9.07 Oil 7.40 Telecom - Services 7.20 Industrial Capital Goods 5.42 Non - Ferrous Metals 5.26 Ferrous Metals 4.95 Finance 3.75 Diversified 3.33

Holdings % to NAV Reliance Industries Ltd. 8.11 Bharti Airtel Ltd. 7.20 ONGC 7.03 HDFC Bank Ltd. 6.44 ICICI Bank Ltd. 5.24 Power Grid Corp 4.81 State Bank Of India 3.79 Larsen & Toubro Ltd. 3.33 Tata Power Co. Ltd. 3.27 Bharat Heavy Electricals Ltd. 3.18



Analysis ICICI Prudential Infrastructure Fund, launched in August 2005, is an open-ended equity scheme managing assets worth Rs. 2154 cr for Jan-March 2012. The scheme aims to generate capital appreciation and income distribution to unitholders by investing by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure development and balance in debt securities and money market instruments including call money. The scheme has a tilt towards large-cap stocks has invested around 24% in its benchmark CNX Infrastructure stocks in the last 1-year. Its average exposure to BSE 500 and S&P CNX 500 stood at 90% and 88% respectively. The scheme exhibited good performance especially in the longer duration of 3 years and has gained around 13.23% since its inception. The scheme has invested around 89% of the portfolio in equities in May 2012 and its average exposure over past 1-year period was 91%. It held 45 stocks in its May portfolio with the top 10 stock holdings accounting for around 52% of its assets. On the sector front, banking has been the most preferred sector of the scheme with an average exposure of around 21% over the past one-year period.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 304.30 11109 -15.74 11464 -9.58 3-Years SIP 30-Jun-09 36000 841.22 30709 -10.61 33529 -4.82 5-Years SIP 02-Jul-07 60000 1532.87 55959 -2.83 62990 1.98 Inception SIP 11-Jun-04 97000 3591.24 131102 7.44 135754 8.30


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ICICI Prudential Infrastructure Fund - GrowthCNX INFRASTRUCTURE

48

DSP BlackRock India T.I.G.E.R. Fund - Growth

Scheme Details



Objective To generate capital appreciation from a portfolio which could benefit from structural changes brought about by continuing liberalization in economic policies by the Govt. Fund Manager Anup Maheshwari,

Rohit Singhania Inception Date 11-Jun-04 Investment Type Infrastructure Equity Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 1674 Mar-12

Trailing Returns


3 Months -12.50 -8.59 8750 6 Months -0.09 2.29 9991 1 Years -16.99 -12.34 8301 2 Years -9.79 -2.92 8139 3 Years -1.51 3.78 9554 5 Years -0.10 2.67 9952 Inception 17.63 16.97 36506

Fund Style Details Total Securities 30 P/E Ratio 18.77 Highest Exposure Scrip L&T NAV % 7.39







Banks 23.72 Power 11.23 Finance 9.56 Diversified 7.39 Petroleum Products 6.78 Construction 6.73 Consumer Durables 3.72 Cement 3.54 Industrial Capital Goods 2.79 Industrial Products 2.76

Holdings % to NAV Larsen & Toubro Ltd. 7.39 ICICI Bank Ltd. 6.58 HDFC Bank Ltd. 6.05 State Bank Of India 3.80 Power Grid Corporation 3.58 ING Vysya Bank Ltd. 3.31 Grasim Industries Limited 2.99 Indusind Bank Ltd. 2.98 Reliance Industries Ltd. 2.91 Coal India Ltd. 2.64



Analysis DSP BlackRock India T.I.G.E.R. Fund, launched in June 2004, is an open ended diversified equity scheme, seeking to generate capital appreciation from the portfolio that is substantially constituted of equity securities and equity related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the Government and/or from continuing investments in infrastructure, both by the private and public sector. The scheme will invest in companies which will gain from the government policies in infrastructure growth and economic reforms. The scheme manages assets worth Rs. 1674 cr as of Jan-March quarter. The scheme has exhibited good performance especially in the longer duration of 7 years and has gained around 17.63% since its inception. The average allocation to stocks of its benchmark BSE 100, BSE 200, BSE 500 and S&P CNX 500 has stood at 61%, 83%, 94% and 92% respectively in last one-year period. Its latest portfolio reveals that the scheme has invested around 93% of its assets in equities in May 2012 marginally lower than its average exposure of over 96% in the last one-year period. It held 58 stocks in its May portfolio with the top 10 stock holdings accounting for around 42% of its assets. On the sector front, banking has been the most preferred sector of the scheme with an average exposure of around 19% over the past one-year period.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 304.30 11109 -15.74 11464 -9.58 3-Years SIP 30-Jun-09 36000 841.22 30709 -10.61 33529 -4.82 5-Years SIP 02-Jul-07 60000 1532.87 55959 -2.83 62990 1.98 Inception SIP 11-Jun-04 97000 3591.24 131102 7.44 135754 8.30


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DSP BlackRock India T.I.G.E.R. Fund - GrowthBSE 100

49

Franklin Taxshield Fund - Growth

Scheme Details



Objective To provide medium to long term growth of capital along with income tax rebate.

Fund Manager Anand Radhakrishnan, Anil Prabhudas

Inception Date 10-Apr-99 Investment Type ELSS Schemes Maturity Type Open Ended Min. Investment Rs. 500 Average AUM Rs.Cr 812 Mar-12

Trailing Returns


Growth of Rs 10000



Infosys Ltd.

NAV % 7.40







Banks 19.22 Pharma 9.90 Software 8.94 Telecom - Services 8.52 Auto 4.91 Cement 4.61 Auto Ancillaries 4.37 Petroleum Products 3.83 Minerals/Mining 3.83 Finance 3.58

Holdings % to NAV Infosys Ltd. 7.40 Bharti Airtel Ltd. 6.93 ICICI Bank Ltd. 6.91 HDFC Bank Ltd. 4.93 Grasim Industries Limited 3.90 Kotak Mahindra Bank Ltd. 2.81 Reliance Industries Ltd. 2.79 Indusind Bank Ltd. 2.72 Bosch Ltd. 2.71 CRISIL Ltd. 2.71



Analysis An open end equity linked savings scheme, Franklin Taxshield Fund not only helps to save on taxes but to provide medium to long-term growth of capital along with income tax rebate. It has an average exposure of 79% in BSE 200 index, while it had around 92% and 93% exposure in CNX 500 and BSE 500 index constituents. Further, the scheme had average 54% exposure to S&P CNX Nifty stocks in the last 1-year. The scheme has delivered superior performance in the long term. It has given 8.12% and 16.07% returns in the five and seven year period as compared to around 1.89% and 11.42% returns given by its benchmark S&P CNX 500. Even in the short run period of six months it has delivered 5.76% returns and given 25.61% returns since inception. As per its latest portfolio (May 2012), the scheme has invested 93% of portfolio in equities, almost in line with 92% as that over a period of last 1 year. On the sectoral front, Banks was the most preferred sector with an average exposure of around 16% over a one year period, followed by Software with an exposure of nearly 11%.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 58.66 11762 -4.29 11464 -9.59 3-Years SIP 30-Jun-09 36000 187.95 37687 3.16 33262 -5.35 5-Years SIP 02-Jul-07 60000 372.14 74620 8.94 62507 1.67 Inception SIP

10-Apr-99 159000 3620.13 725899 21.13 409558 13.46


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Franklin Taxshield Fund - GrowthS&P CNX 500 EQUITY INDEX

50

Fidelity Tax Advantage Fund - Growth

Scheme Details



Objective To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Fund Manager Sandeep Kothari Inception Date 27-Feb-06 Investment Type ELSS Schemes Maturity Type Open Ended Min. Investment Rs. 500 Average AUM Rs.Cr 1167 Mar-12

Trailing Returns




ITC Limited

NAV % 5.99







Banks 17.88 Pharmaceuticals 11.35 Software 9.59 Consumer Non Durables 6.55 Finance 6.15 Petroleum Products 5.11 Power 3.62 Diversified 3.54 Auto 3.12 Cement 2.99

Holdings % to NAV ITC Limited 5.99 HDFC Bank Ltd. 5.43 Reliance Industries Ltd. 5.11 ICICI Bank Ltd. 5.02 Infosys Ltd. 4.37 TCS 3.99 Cipla Ltd. 3.28 Dr. Reddys Lab. 3.12 HDFC 3.07 State Bank Of India 2.86



Analysis Fidelity Tax Advantage Fund – Growth aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. Launched in February 2006, the scheme’s average assets as in quarter ended March 2012 stood at Rs. 1167 cr. The scheme has delivered superior performance in the long term. It has given 12.30% and 7.32% returns in the three and five year period as compared to 4.14% and 2.55% returns given by its benchmark BSE 200. The scheme has given 11.53% returns since inception. It has an average exposure of 78% in BSE 200 index, while it had around 87% and 88% exposure in CNX 500 and BSE 500 index constituents. Further, the scheme had average 64% exposure to S&P CNX Nifty stocks in the last 1-year. As per its latest portfolio (May 2012), the scheme has invested 89% of portfolio in equities, lower than 93% exposure over period of last one year. On the sectoral front, Banks was the most preferred sector with an average exposure of around 17% over a one year period, followed by Pharma with an exposure of 10%.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 583.89 11562 -7.85 11466 -9.56 3-Years SIP 30-Jun-09 36000 1824.48 36128 0.24 33386 -5.10 5-Years SIP 02-Jul-07 60000 3673.76 72748 7.89 63047 2.02 Inception SIP 27-Feb-06 77000 5198.57 102942 9.15 86195 3.56


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Fidelity Tax Advantage Fund - GrowthBSE 200

51

Canara Robeco Equity Tax Saver - Growth

Scheme Details



Objective Equity Linked Savings Scheme (ELSS) seeking to provide long term capital appreciation by predominantly investing in equities. Fund Manager Soumendra Nath Lahiri Inception Date 2-Feb-09 Investment Type ELSS Maturity Type Open Ended Min. Investment Rs. 500 Average AUM Rs.Cr 362 Mar-12

Trailing Returns




Infosys Ltd.

NAV % 6.27







Banks 21.92 Software 9.65 Consumer Non Durables 8.88 Pharma 6.90 Auto 5.66 Petroleum Products 5.34 Diversified 5.00 Finance 4.98 Cement 4.15 Telecom - Services 4.09

Holdings % to NAV Infosys Ltd. 6.27 HDFC Bank Ltd. 6.13 ICICI Bank Ltd. 4.61 State Bank Of India 4.01 ITC Limited 3.87 TCS 3.38 Reliance Industries Ltd. 3.04 Bharti Airtel Ltd. 2.83 Larsen & Toubro Ltd. 2.72 HDFC 2.62



Analysis Canara Robeco Equity Tax Saver is an Equity Linked Savings Scheme (ELSS) long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act. ELSS comes with a lock-in period of 3 years and serves a dual purpose for investors seeking tax saving avenues plus equity market exposure. The scheme’s average assets as in quarter ended March 2012 stood at Rs. 362 cr. The scheme has been in has outperformed its benchmark BSE 100 over the period of three years by giving returns of 12.37% as compared to 3.78% offered by BSE 100. The scheme has offered returns of 29.58% since inception. The scheme follows a multicap approach i.e. invests across large, mid-cap and smallcap stocks. In the last one year, the scheme’s average exposure to stocks in BSE 500, CNX 500, BSE 200, BSE Midcap and BSE Small cap stood at 89%, 86%, 13% and 4% respectively. This strategy of investing across market capitalisation has been instrumental in propelling the scheme’s performance. The scheme had an equity exposure of average 92% in the past one year and balance in cash and equivalents. Banking and Consumer non- durable sector has been the most preferred sector for the scheme with average exposure of 18% and 9% respectively in last 1 year period.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 480.16 11846 -2.80 11464 -9.58 3-Years SIP 30-Jun-09 36000 1516.89 37422 2.67 33529 -4.82 5-Years SIP NA NA NA NA NA NA NA Inception SIP 02-Feb-09 41000 1938.95 47834 9.43 41529 0.77

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 24.67 22.79 27.22 21.79 NA Total Return 8.25 -15.84 24.92 NA NA S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 BSE 100 7.48 -25.21 15.66 85.04 -55.28 * Last Disclosed NAV of the calendar year

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Canara Robeco Equity Tax Saver - GrowthBSE 100

52

HDFC Long Term Advantage Fund - Growth

Scheme Details



Objective To generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments Fund Manager Chirag Setalvad,

Rakesh Vyas Inception Date 2-Jan-01 Investment Type ELSS Schemes Maturity Type Open Ended Min. Investment Rs. 500 Average AUM Rs.Cr 841 Mar-12

Trailing Returns

Period Scheme BSE SENSEX

Growth of Rs 10000


Fund Style Details Total Securities 42 P/E Ratio 20.64 Highest Exposure Scrip TCS NAV % 7.00







Banks 14.79 Software 13.50 Industrial Products 8.49 Pharma 7.55 Consumer Non Durables 6.65 Petroleum Products 6.17 Auto Ancillaries 4.28 Finance 3.27 Diversified 3.08 Telecom - Services 3.03

Holdings % to NAV TCD 7.00 Infosys Ltd. 6.50 ICICI Bank Ltd. 6.36 Reliance Industries Ltd. 6.17 State Bank Of India 5.65 Balkrishna Industries Ltd. 4.28 Ipca Laboratories Ltd. 4.18 ITC Limited 4.01 Carborundum Universal Ltd. 3.74 Dr. Reddys Laboratories Ltd. 3.37



Analysis HDFC Long Term Advantage Fund was launched in January, 2001. The scheme currently manages a corpus of Rs. 841 cr as of quarter-ended March 2012. The scheme is classified as an Equity-linked Savings Scheme (ELSS) whose investment is eligible for deduction (upto Rs. 1 lakh) under Section 80 C of the Income Tax Act. ELSS comes with a lock-in period of 3 years and serves a dual purpose for investors seeking tax saving avenues plus equity market exposure. The scheme aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. The scheme has gained from the experience of being in different market phases over the years and has given 24.82% CAGR since its inception. The scheme’s portfolio has been invested across market capitalisation over the last one year. Its average exposure to stocks in S&P CNX Nifty, CNX Midcap and BSE Smallcap has stood at 56%, 7% and 5% respectively over a period of 1-year. Its average equity exposure over the last one year is 97% while its investment in cash and cash equivalents is 3% of total assets in last one year. Exposure to Software has been the most preferred sector for the scheme with an average exposure of around 14% over the last one year. Banks followed with an average exposure of 13%.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 93.35 11728 -4.90 11384 -10.98 3-Years SIP 30-Jun-09 36000 290.56 36504 0.96 33526 -4.82 5-Years SIP 02-Jul-07 60000 575.59 72314 7.64 62611 1.73 Inception SIP 02-Jan-01 138000 4344.23 545787 22.47 319528 13.97

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 125.64 113.94 148.90 115.99 61.41 Total Return 10.26 -23.04 28.37 88.89 -52.39 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 BSE SENSEX 4.94 -24.20 17.43 81.03 -52.45 * Last Disclosed NAV of the calendar year

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HDFC Long Term Advantage Fund - GrowthBSE SENSEX

53

IDBI Nifty Index Fund - Growth

Scheme Details



Objective To invest only in and all the stocks comprising the S&P CNX Nifty Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of S&P CNX Nifty index.

Fund Manager V.Balasubramanian Inception Date 25-Jun-10 Investment Type Index Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 138 Mar-12

Trailing Returns

Period Scheme NIFTY Total Ret

Growth of Rs 10000

3 Months -8.54 -8.23 9146 6 Months 1.65 2.39 10165 1 Years -11.47 -10.31 8853 2 Years NA NA NA 3 Years NA NA NA 5 Years NA NA NA Inception -3.82 1.30 9274








Banks 19.60 Software 13.84 Consumer Non Durables 9.20 Petroleum Products 8.27 Auto 7.98 Finance 7.25 Diversified 6.92 Pharma 4.33 Oil 3.68 Power 3.58

Holdings % to NAV ITC Limited 8.02 Reliance Industries Ltd. 7.69 Infosys Ltd. 7.57 HDFC 6.26 HDFC Bank Ltd. 5.89 ICICI Bank Ltd. 5.83 TCS 4.09 Larsen & Toubro Ltd. 4.08 State Bank Of India 3.42 ONGC 2.90



Analysis IDBI Nifty Index Fund is an open-ended passively managed equity scheme tracking the S&P CNX Nifty Index (Total Returns Index). Since it is an index fund, its objective is to invest only in and all the stocks comprising the S&P CNX Nifty Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the S&P CNX Nifty.The scheme has been active since June 2010. Its average AUM for the quarter ending March 2012 period stood at Rs 138 cr. The scheme adpots a passive investment strategy and seeks to achieve the investment objective by minimizing the tracking error between the S&P CNX Nifty index (Total Returns Index) and the scheme. On its May portfolio, the scheme was almost fully invested in equities and had the highest exposure to Banks (19%), followed by Software (14%).


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 1234.41 11448 -9.86 11522 -8.57 3-Years SIP NA NA NA NA NA NA NA 5-Years SIP NA NA NA NA NA NA NA Inception SIP 25-Jun-10 25000 2451.53 22736 -9.23 23064 -7.87

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 9.27 8.72 11.61 NA NA Total Return 6.35 -24.50 NA NA NA S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 NIFTY Total Ret 6.99 -23.40 19.22 77.59 -51.27 * Last Disclosed NAV of the calendar year

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IDBI Nifty Index Fund - GrowthNIFTY Total Return Index

54

IDBI Nifty Junior Index Fund - Growth

Scheme Details



Objective To invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. Fund Manager V.Balasubramanian Inception Date 27-Sep-10 Investment Type Index Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 47 Mar-12

Trailing Returns

Period Scheme CNX NIFTY JR

Growth of Rs 10000

3 Months -8.55 -8.38 9145 6 Months 4.78 5.21 10478 1 Years -16.40 -16.44 8360 2 Years NA NA NA 3 Years NA NA NA 5 Years NA NA NA Inception -15.77 -12.10 7474


Ultratec Cement

NAV % 5.07







Banks 17.20 Pharma 12.28 Finance 9.89 Consumer Non Durables 9.27 Cement 5.07 Auto Ancillaries 4.76 Telecom - Services 3.86 Industrial Products 3.59 Transportation 3.49 Consumer Durables 3.34

Holdings % to NAV Ultratech Cement Ltd. 5.07 Lupin Ltd. 4.70 Indusind Bank Ltd. 3.70 Titan Industries Ltd. 3.34 GSK Pharma 3.02 Yes Bank 2.91 Colgate - Palmolive (India) 2.87 Bosch Ltd. 2.82 Zee Entertainment 2.61 Federal Bank Ltd. 2.57



Analysis IDBI Nifty Junior Index Fund is an open-ended passively managed equity scheme tracking the CNX Nifty Junior (Total Returns Index). Since it is an index fund, its objective is to invest only in and all the stocks comprising the CNX Nifty Junior Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the CNX Nifty Junior. The scheme has been active In the mutual fund space since September 2010. Its average AUM for the quarter ending March 2012 period stood at Rs 47 cr. On its May portfolio, the scheme was almost fully invested in equities and had the highest exposure to Banks (21%), followed by Finance companies (10%).


Period SIP Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 31-Mar-11 12000 1496.99 12235 4.30 12252 4.61 3-Years SIP NA NA NA NA NA NA NA 5-Years SIP NA NA NA NA NA NA NA Inception SIP 20-Sep-10 22000 2619.92 19582 -12.75 19657 -12.35

History May-12 Dec-11 Dec-10 Dec-09 Dec-08 NAV * 7.47 6.53 9.61 NA NA Total Return 14.38 -31.25 NA NA NA S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 CNX NIFTY JUNIOR 14.76 -31.07 17.81 127.91 -63.42 * Last Disclosed NAV of the calendar year

-10

-5

0

5

10

Nov

-10

Feb-

11

May

-11

Aug-

11

Nov

-11

Feb-

12

May

-12


6

8

10

12

20-S

ep-1

0

20-N

ov-1

0

20-J

an-1

1

20-M

ar-1

1

20-M

ay-1

1

20-J

ul-1

1

20-S

ep-1

1

20-N

ov-1

1

20-J

an-1

2

20-M

ar-1

2

20-M

ay-1

2

IDBI Nifty Junior Index Fund - GrowthCNX NIFTY JUNIOR

55

HDFC Balanced Fund - Growth

Scheme Details



Objective To generate capital appreciation along with current income from a combined portfolio of equity & equity related and debt & money market instruments. Fund Manager Chirag Setalvad,

Rakesh Vyas Inception Date 11-Sep-00 Investment Type Balanced Schemes Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 555 Mar-12

Trailing Returns

Period Scheme CRISIL BalanceEX

Growth of Rs 10000

3 Months -3.58 -4.75 9642 6 Months 5.95 3.34 10595 1 Years -0.87 -4.11 9913 2 Years 7.63 1.68 11583 3 Years 16.52 4.84 15819 5 Years 11.91 5.35 17549 Inception 15.87 NA 56247






Credit Quality Sovereign 4.18 AAA 18.10 AA 3.19 P1+ 0.00 A & Below, P1 0.00 Unrated/Equity 65.79 Cash and equivalent 8.74


Finance 18.09 Banks 15.61 Software 9.59 Pharma 5.56 Consumer Non Durables 5.07 Industrial Products 3.71 Petroleum Products 2.40 Auto Ancillaries 1.98 Auto 1.78 Diversified 1.45

Holdings % to NAV State Bank Of India 2.70 TCS 2.59 Reliance Industries Ltd. 2.40 NIIT Techonologies Ltd. 2.20 Balkrishna Industries Ltd. 1.98 ICICI Bank Ltd. 1.93 Bata India Ltd. 1.90 Infosys Ltd. 1.87 Divis Laboratories Ltd. 1.86 Allahabad Bank 1.80



Analysis HDFC Balanced Fund as the name suggests is an equity oriented hybrid fund which was launched in September 2000 to generate capital appreciation along with current income from a combined portfolio of equity, debt and money market instruments. The fund has grown at a compounded annualized growth rate of 16% since its inception and manages average assets of Rs. 555 cr as of quarter ended March 2012. The scheme has shown superior performance over its benchmark (CRISIL BalanceEx) in most of the time-periods analysed. In a 5-year time period, the scheme returned around 12% surpassing returns given by its and benchmark with 5%. The scheme’s impressive performance has been coupled with greater degree of volatility in line with the higher returns given than the benchmark. HDFC Balanced Fund had lower equity exposure as compared to its peers in balanced fund category. The scheme on an average has invested around 67% of its portfolio in equities in last one year period. On sectoral front, Banking sector is the most preferred sector with one year average exposure of 19% in May.


Period SIP

Start Date



Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 214.42 12060 1.10 11851 -2.69 3-Years SIP 30-Jun-09 36000 715.96 40271 7.83 36160 0.30 5-Years SIP 02-Jul-07 60000 1473.88 82902 13.30 66961 4.48

Inception SIP 11-Sep-00

142000 7252.86 407952 16.88 218479 10.69

History May-12 Dec-10 Dec-09 Dec-08 Dec-07 NAV * 56.25 50.50 56.47 45.00 25.95 Total Return 11.38 -10.27 25.49 73.42 -36.50 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 CRISIL BalanceEX 5.91 -14.09 17.95 48.65 -34.41 * Last Disclosed NAV of the calendar year

-10

0

10

20

30

Aug-

07D

ec-0

7Ap

r-08

Aug-

08D

ec-0

8Ap

r-09

Aug-

09D

ec-0

9Ap

r-10

Aug-

10D

ec-1

0Ap

r-11

Aug-

11D

ec-1

1Ap

r-12


8

10

12

14

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

HDFC Balanced Fund - GrowthCRISIL BalanceEX

56

HDFC Prudence Fund - Growth

Scheme Details



Objective To provide periodic returns and capital appreciation over a long period of time, from a judicious mix of equity and debt investments, with the aim to prevent/ minimise any capital erosion. Fund Manager Prashant Jain, Rakesh

Vyas Inception Date 1-Feb-94 Investment Type Balanced Schemes Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 6249 Mar-12

Trailing Returns

Period Scheme CRISIL BalanceEX

Growth of Rs 10000

3 Months -4.08 -4.75 9592 6 Months 6.65 3.34 10665 1 Years -3.13 -4.11 9687 2 Years 4.61 1.68 10944 3 Years 15.49 4.84 15404 5 Years 11.30 5.35 17076 Inception 18.65 NA 230014






Credit Quality Sovereign 11.13 AAA 10.65 AA 0.88 P1+ 0.00 A & Below, P1 0.00 Unrated/Equity 75.64 Cash and equivalent 1.70


Banks 21.56 Finance 8.78 Software 6.73 Pharma 4.49 Textile Products 4.45 Consumer Non Durables 2.93 Ferrous Metals 2.89 Auto 2.48 Petroleum Products 2.46 Oil 2.32

Holdings % to NAV State Bank Of India 6.08 ICICI Bank Ltd. 4.67 Page Industries Ltd. 3.45 Infosys Ltd. 3.09 Tata Motors Ltd. 2.48 Bank Of Baroda 2.30 Tata Steel Ltd. 2.22 Bharti Airtel Ltd. 2.02 BPCL 1.70 TCS 1.68



Analysis HDFC Prudence Fund, launched on February 1, 1994 is one of the oldest funds in the equity oriented hybrid funds category, also known as balanced funds. The scheme’s average corpus as of the quarter ended March 2012 stood at Rs. 6249 cr. The scheme seeks to benefit from both the asset classes, i.e., it aims to provide capital appreciation of equities and stability of debt market instruments. The scheme is aggressively managed showing a clear tilt towards equities over one year wherein the scheme largely remained invested in 75% in equities. It has capitalised on the equity market gains and outperformed the benchmark index (CRISIL Balanced Fund Index) with a sizeable margin over the long term period. It has generated over twice the benchmark index returns in the 3 and 5 years period. It has given over 11% returns in the five years period, as compared to around 5% returns given by CRISIL BalanceEX. Within equities, the scheme maintains a fairly diversified portfolio spread across market capitalisation. It has an average exposure of around 65% in S&P CNX 500, while it was around 28% in BSE Sensex index for one year. Within the debt portfolio, the scheme has predominantly invested in good quality papers with an average 10% exposure to government securities in the last one year period.


Period SIP

Start Date

Total Amount Investe

d


Number of Units

Market Value

SIP Returns

Market Value

SIP Returns

1-Years SIP 30-Jun-11 12000 52.05 11973 -0.50 11851 -2.69 3-Years SIP 30-Jun-09 36000 168.30 38711 5.04 36160 0.30 5-Years SIP 02-Jul-07 60000 353.36 81278 12.48 66961 4.48

Inception SIP 01-Feb-94 221000 9630.73 2215191

21.77 218479 10.69

History May-12 Dec-10 Dec-09 Dec-08 Dec-07 NAV * 230.01 206.33 245.13 194.06 104.99 Total Return 11.48 -15.23 26.32 84.84 -42.11 S&P CNX Nifty 6.49 -24.21 17.95 75.76 -51.79 CRISIL BalanceEX 5.91 -14.09 17.95 48.65 -34.41 * Last Disclosed NAV of the calendar year

-10

0

10

20

30

40

Aug-

07D

ec-0

7Ap

r-08

Aug-

08D

ec-0

8Ap

r-09

Aug-

09D

ec-0

9Ap

r-10

Aug-

10D

ec-1

0Ap

r-11

Aug-

11D

ec-1

1Ap

r-12


8

10

12

14

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

HDFC Prudence Fund - GrowthCRISIL BalanceEX

57

HDFC Monthly Income Plan - LTP - Growth

Scheme Details


Credit Quality High Medium Low

Interest Rate Sensitivity

High

Medium

Low

Objective To generate regular returns through investment primarily in Debt and Money Market Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.

Fund Manager Prashant Jain, Shobhit Mehrotra, Rakesh Vyas Inception Date 26-Dec-03 Investment Type MIP - Aggressive Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 6636 Mar-12


NAV * 24.15 22.80 22.98 20.74 15.87 Total Return 5.91 -0.54 10.79 30.73 -8.24 CRISIL MIPEX 4.80 1.82 7.00 12.99 -2.31 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Lic Housing Finance Ltd. -NCD & Bonds 6.71 Shriram Transport Finance Co. Ltd. - PTC -NCD & Bonds 3.97 Power Finance Corporation Ltd. -NCD & Bonds 3.74 Housing Development Finance Corporation Ltd. -NCD & Bonds 3.62 Rural Electrification Corporation Limited -NCD & Bonds 3.46 09.15% CGL 2024 -GOI 2.94 Canara Bank -CD 2.42 Power Grid Corporation of India Ltd. -NCD & Bonds 2.34 Hindalco Industries Ltd. -NCD & Bonds 2.16 State Bank Of India -NCD & Bonds 2.08

Analysis HDFC Monthly Income Plan – LTP, launched in December 2003, is one of the largest monthly income plans in the industry with an average AUM of around Rs 6636 cr as of March 2012 quarter. Monthly Income Plans (MIPs) are debt oriented hybrid funds with a portion of the AUM being invested in equity. As per this classification, HDFC Monthly Income Plan-LTP’s risk profile is aggressive since its allocation to equity is higher i.e. between 16% - 30%. The scheme has given CAGR (compounded annual growth rate) returns of around 11% since its inception in 2003. The performance over the last 3 year has been notable with the scheme delivering over 9% returns vis-à-vis around 6% returns of the benchmark index (CRISIL MIPEX). The debt portfolio is well guarded in terms of credit risk, by investing in the highest rated debt papers (short and long term) and government securities. Over the past 1 year, nearly 57% of the total portfolio is invested in such papers. On the other hand, the scheme had an average equity exposure of around 25% over the last 1 year.

Trailing Returns

Period Scheme CRISIL MIPEX

Growth of Rs 10000

3 Months -0.10 0.81 9990 6 Months 5.16 5.02 10516 1 Years 4.57 6.48 10457 2 Years 6.10 5.76 11257 3 Years 9.45 5.98 13113 5 Years 9.63 6.93 15833 Inception 11.02 6.89 24149

Fund Style Details Total Securities 62

Avg Mat (Years) 4.21


Debt Instrument Break-Up (%) NCD-ST N.A NCD & Bonds 49.09 GOI 9.43 Cash & equivalent 3.92 CP & CD 10.62 Others 26.94

Credit Quality % to NAV

Sovereign 9.43 AAA 32.85 AA 16.24 P1+ 10.62 A & Below, P1 0.00 Unrated 26.94 Cash and equivalent 3.92



-4

-2

0

2

4

6

8

Aug-

07

Dec

-07

Apr-

08

Aug-

08

Dec

-08

Apr-

09

Aug-

09

Dec

-09

Apr-

10

Aug-

10

Dec

-10

Apr-

11

Aug-

11

Dec

-11

Apr-

12


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

HDFC Monthly Income Plan - LTP - GrowthCRISIL MIPEX

58

Reliance Monthly Income Plan - Growth

Scheme Details




High

Medium

Low

Objective To generate regular income in order to make regular dividend payments to the unit holders and growth of capital. Fund Manager Amit Tripathi, Ashwani Kumar, Sanjay Parekh Inception Date 13-Jan-04 Investment Type MIP Aggressive Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 4142 Mar-12


NAV * 23.37 21.66 21.72 19.97 16.48 Total Return 7.86 -0.07 8.74 21.17 9.57 CRISIL MIPEX 4.80 1.82 7.00 12.99 -2.31 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Power Finance Corporation Ltd. -NCD & Bonds 6.88 Housing Development Finance Corporation Ltd. -NCD & Bonds 6.11 Power Grid Corporation of India Ltd. -NCD & Bonds 5.89 Reliance Infrastructure Ltd. -NCD & Bonds 5.63 GOI 5.03 Aditya Birla Nuvo Ltd. - PTC -NCD & Bonds 4.34 Tata Teleservices Ltd. - PTC -NCD & Bonds 4.26 Tata Power Co. Ltd. -NCD & Bonds 3.37 Kotak Mahindra Prime Ltd. -NCD & Bonds 2.86 L&t Finance Ltd. -NCD & Bonds 2.81

Analysis Reliance Monthly Income Plan, launched in January 2004. The fund has an average AUM of around Rs. 4142 cr as of quarter ended March 2012. Monthly Income Plans (MIPs) are debt oriented hybrid funds with a portion of the AUM being invested in equity. Their investment style is classified as conservative or aggressive based on the weightage given to the equity component. This proportion can vary between 0% to 30%. The scheme has given CAGR (compounded annual growth rate) returns of around 11% since its inception in 2004. The performance over the last 3 year has been notable with the scheme delivering over 10% returns vis-à-vis around 6% returns of the benchmark index (CRISIL MIPEX). Further, the debt portfolio is well guarded in terms of credit risk, by investing in the highest rated debt papers (short and long term) and government securities. Over the past 1 year, nearly 47% of the total portfolio is invested in such papers. On the other hand, the scheme had an average equity exposure of over 18% in last 1 year.

Trailing Returns


Growth of Rs 10000

3 Months 1.25 0.81 10125 6 Months 8.03 5.02 10803 1 Years 7.37 6.48 10737 2 Years 6.75 5.76 11396 3 Years 9.77 5.98 13228 5 Years 11.38 6.93 17139 Inception 10.62 6.78 23316




Debt Instrument Break-Up (%) NCD-ST N.A NCD & Bonds 66.89 GOI 5.03 Cash & equivalent 5.55 CP & CD 3.91 Others 18.62





-2

0

2

4

Aug-

07De

c-07

Apr-0

8Au

g-08

Dec-

08Ap

r-09

Aug-

09De

c-09

Apr-1

0Au

g-10

Dec-

10Ap

r-11

Aug-

11De

c-11

Apr-1

2Quarter on Quarter Returns %

9.50

10.00

10.50

11.00

11.50

12.00

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

Reliance Monthly Income Plan - GrowthCRISIL MIPEX

59

IDBI Monthly Income Plan - Growth

Scheme Details




High

Medium

Low

Objective To provide regular income along with opportunities for capital appreciation through investments in a diversified basket of debt, equity and money market instruments

Fund Manager Gautam Kaul, V.Balasubramanian Inception Date 7-Mar-11 Investment Type MIP Aggressive Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 128 Mar-12


NAV * 10.76 10.40 NA NA NA Total Return 3.46 NA NA NA NA CRISIL MIPEX 4.80 1.82 7.00 12.99 -2.31 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Oriental Bank Of Commerce -CD 17.22 Housing Development Finance Corporation Ltd. -NCD & Bonds 9.01 Power Finance Corporation Ltd. -NCD & Bonds 9.01 Blue Star Ltd. -CP 8.89 Indian Overseas Bank -CD 8.43 Andhra Bank -CD 6.39 Rural Electrification Corporation Limited -NCD & Bonds 4.60 National Bank for Agriculture & Rural Development -NCD & Bonds 4.48 Canara Bank -CD 3.14 Infrastructure Development Finance Company Limited -NCD & Bonds

3.11

Analysis IDBI Monthly Income Plan is was launched in March 2011 and maintains an average AUM of Rs. 128 cr as of the quarter ended March 2012. The scheme has grown at a CAGR (compounded annual growth rate) of 6% since its inception in 2011. Reducing the duration when yields are hardening enables the portfolio to deliver better returns and vice versa. On portfolio front, the fund has invested almost 56% in CDs and about 27% in NCDs in one year average period. While on sectoral front, the fund has reduced its exposure to banks by investing nearly 42% in May 2012 compared to 94% in May 2011. The fund manager is maintaining an average equity exposure of over 9% in last 1 year. Credit risk mitigation has also been a key attribute of the portfolio wherein a majority of the portfolio is invested in the highest rated debt papers. During the last one year, 64% of the total portfolio on an average is invested in the highest rated short term debt securities.

Trailing Returns


Growth of Rs 10000

3 Months 0.80 0.81 10080 6 Months 3.44 5.02 10344 1 Years 5.81 6.48 10581 2 Years NA NA NA 3 Years NA NA NA 5 Years NA NA NA Inception 6.11 6.64 10761

Fund Style Details Total Securities 17 Avg Mat (Years) 1.02


Debt Instrument Break-Up (%) NCD-ST N.A NCD & Bonds 32.44 GOI N.A Cash & equivalent 2.83 CP & CD 49.19 Others 15.54





-0.50

-0.25

0.00

0.25

0.50

0.75

1.00

May-11 Aug-11 Nov-11 Feb-12 May-12


9.50

10.50

11.50

12.50

7-M

ar-1

1

26-A

pr-1

1

15-J

un-1

1

4-Au

g-11

23-S

ep-1

1

12-N

ov-1

1

1-Ja

n-12

20-F

eb-1

2

10-A

pr-1

2

30-M

ay-1

2

IDBI Monthly Income Plan - GrowthCRISIL MIPEX

60

Birla Sun Life MIP II - Savings 5 Plan - Growth

Scheme Details




High

Medium

Low

Objective To generate regular income so as to make monthly payments or distribution to Unitholders, with the secondary objective being growth of capital.

Fund Manager Kaustubh Gupta, Nishit Dholakia, Satyabrata Mohanty Inception Date 24-May-04 Investment Type MIP Conservative Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 352 Mar-12


NAV * 19.29 18.56 17.33 16.35 16.09 Total Return 3.96 7.20 6.01 1.57 28.55 I-SEC Li-Bex 4.80 1.82 7.00 12.99 -2.31 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Power Finance Corporation Ltd. -NCD & Bonds 16.11 IDBI Bank Ltd. -NCD & Bonds 15.56 Reliance Utilities & Power Pvt. Ltd. -NCD & Bonds 12.35 Canara Bank -CD 11.04 Reliance Capital Ltd. -NCD & Bonds 7.78 Punjab National Bank -CD 5.83 Lic Housing Finance Ltd. -NCD & Bonds 5.01 Tata Sons Ltd. -NCD & Bonds 4.66 Axis Bank Ltd. -CD 3.56 Sundaram Finance Limited -NCD & Bonds 1.85

Analysis Birla Sun Life MIP II - Savings 5 Plan is a conservative monthly income plan which was launched in May 2004. Monthly Income plans predominantly invest in debt instruments with a small portion being invested in equity instruments to provide kicker to the returns. MIPs are meant for investors who are willing to take some risk in the form of equity investments to achieve higher returns over traditional debt funds or fixed deposits. The scheme has posted a CAGR (compounded annualised growth rate) return of 9% since its inception. It has generated higher returns over the benchmark (Crisil MIPEX) in 5 years period. The average assets managed by the scheme stood at Rs 352 cr as of quarter ended March 2012. The scheme has maintained an average equity exposure of 8% in past 1-year period ending May 2012. The debt portion of the scheme has been actively managed to take the advantage of changing interest rates. During the last 1-year period, almost 81% of the portfolio on an average is invested in the highest rated short term papers and government securities.

Trailing Returns


Growth of Rs 10000


Fund Style Details Total Securities 13 Avg Mat (Years) NA







-2

0

2

4

Aug-

07N

ov-0

7Fe

b-08

May

-08

Aug-

08N

ov-0

8Fe

b-09

May

-09

Aug-

09N

ov-0

9Fe

b-10

May

-10

Aug-

10N

ov-1

0Fe

b-11

May

-11

Aug-

11N

ov-1

1Fe

b-12

May

-12


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

Birla Sun Life MIP II - Savings 5 Plan - GrowthCRISIL MIPEX

61

Birla Sun Life Monthly Income - Growth

Scheme Details




High

Medium

Low

Objective To generate regular income through investments in fixed income securities. The secondary objective of the Scheme is to generate long term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.

Fund Manager Nishit Dholakia, Satyabrata Mohanty Inception Date 10-Aug-99 Investment Type MIP Conservative Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 476 Mar-12


NAV * 38.94 37.53 36.32 33.72 28.71 Total Return 3.75 3.45 7.74 17.45 -2.36 CRISIL CompBEX 4.80 1.82 7.00 12.99 -2.31 * Last Disclosed NAV of the calendar year

Holdings % to NAV

IDBI Bank Ltd. -NCD & Bonds 17.45 Power Finance Corporation Ltd. -NCD & Bonds 10.82 Aditya Birla Nuvo Ltd. -NCD & Bonds 8.49 Lic Housing Finance Ltd. -NCD & Bonds 7.60 Reliance Utilities & Power Pvt. Ltd. -NCD & Bonds 7.37 Reliance Ports & Terminals Ltd. -NCD & Bonds 6.93 Canara Bank -CD 6.44 Power Grid Corporation of India Ltd. -NCD & Bonds 3.44 Tata Sons Ltd. -NCD & Bonds 2.57 Axis Bank Ltd. -CD 2.17

Analysis Birla Sun Life Monthly Income Plan was launched in July 1999 and maintains an average AUM of Rs. 476 cr as of the quarter ended March 2012. The scheme has grown at a CAGR (compounded annual growth rate) of 11% since its inception in 1999. Reducing the duration when yields are hardening enables the portfolio to deliver better returns and vice versa. On portfolio front, the fund has invested almost 11% in CDs and about 71% in NCDs in one year average period. While on sectoral front, the fund has reduced its exposure to banks by investing nearly 29% in May 2012 compared to 31% in May 2011. The fund manager is maintaining an average equity exposure of over 12% in last 1 year. Credit risk mitigation has also been a key attribute of the portfolio wherein a majority of the portfolio is invested in the highest rated debt papers. During the last one year, 11% of the total portfolio on an average is invested in the highest rated short term debt securities..

Trailing Returns


Growth of Rs 10000

3 Months 0.15 0.81 10015 6 Months 3.92 5.02 10392 1 Years 6.08 6.48 10608 2 Years 6.25 5.76 11288 3 Years 7.53 5.98 12435 5 Years 8.28 6.93 14886 Inception 10.99 NA 38062








-2

-1

0

1

2

3

4

Aug-

07N

ov-0

7Fe

b-08

May

-08

Aug-

08N

ov-0

8Fe

b-09

May

-09

Aug-

09N

ov-0

9Fe

b-10

May

-10

Aug-

10N

ov-1

0Fe

b-11

May

-11

Aug-

11N

ov-1

1Fe

b-12

May

-12


9.50

10.00

10.50

11.00

11.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

Birla Sun Life Monthly Income - GrowthCRISIL MIPEX

62

Birla Sun Life Govt Securities Long Term Plan - Growth

Scheme Details




High

Medium

Low

Objective To generate credit risk-free return through investments in sovereign securities issued by the central and/or a state government. Fund Manager Maneesh Dangi Inception Date 19-Nov-99 Investment Type Gilt Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 307 Mar-12


NAV * 3139.86 3001.14 2805.93 2566.42 2183.3 Total Return 4.62 6.98 9.33 17.55 5.65 CRISIL CompBEX 4.88 6.05 6.31 -8.43 29.23 * Last Disclosed NAV of the calendar year

Holdings % to NAV

08.79% CGL 2021 -GOI 37.33 T-Bills 13.10

Analysis Birla Sun Life Government Securities Long Term Plan (BGSLTP) is an open ended scheme that intends to generate returns by investing in central and state government securities. The fund was launched in October 1999 as Alliance Government Securities Fund. It was subsequently renamed after Birla Sun Life Asset Management Company (AMC) acquired Alliance Capital AMC in September 2005. The fund maintained quarterly average assets under management (AUM) of Rs 307 crore as of the end of March 2012. The fund has outperformed its benchmark (I-Sec Li-Bex) in all the period under review and has gained 9.5% since its inception. As per its latest (May 2012) portfolio, the scheme has invested 50% of its corpus in gilts, remaining is invested in cash and cash equivalents; while the fund’s 1-year average exposure to gilts stood at 72% as of May 2012.

Trailing Returns

Period Scheme I-SEC Li-

Bex Growth of Rs 10000




Debt Instrument Break-Up (%) NCD-ST N.A NCD & Bonds N.A GOI 50.43 Cash & equivalent 49.57 CP & CD N.A Others N.A





-4

-2

0

2

4

Aug-

07N

ov-0

7Fe

b-08

May

-08

Aug-

08N

ov-0

8Fe

b-09

May

-09

Aug-

09N

ov-0

9Fe

b-10

May

-10

Aug-

10N

ov-1

0Fe

b-11

May

-11

Aug-

11N

ov-1

1Fe

b-12

May

-12


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

Birla Sun Life Govt Securities Long Term Plan - GrowthI-SEC Li-Bex

63

UTI Bond Fund - Growth

Scheme Details




High

Medium

Low

Objective To generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt Instruments. Fund Manager Amandeep S Chopra Inception Date 18-Jul-98 Investment Type Debt LT Maturity Type Open Ended Min. Investment Rs. 1000 Average AUM Rs.Cr 519 Mar-12


NAV * 32.00 30.73 27.65 26.27 27.65 Total Return 4.12 11.21 5.24 -5.01 18.58 CRISIL CompBEX 3.68 6.92 4.96 3.50 9.06 * Last Disclosed NAV of the calendar year

Holdings % to NAV

09.15% CGL 2024 -GOI 16.37 Syndicate Bank -CD 8.03 Reliance Gas Transportation Infrastructure Ltd. -NCD & Bonds 7.86 Power Finance Corporation Ltd. -NCD & Bonds 6.99 Bank Of India -CD 6.97 Canara Bank -CD 6.92 Sundaram Finance Limited -NCD & Bonds 6.27 Lic Housing Finance Ltd. -NCD & Bonds 5.74 Indiabulls Financial Services Ltd. -NCD & Bonds 4.00

Analysis The scheme has a dynamic asset allocation structure enabling it flexibility in investment in debt instruments which may include investments in corporate and PSU bonds, government securities, money market instruments, securitized debt etc of varying tenors with varying investments in these securities. The scheme intends to take medium term calls on interest rates with significant investments in higher rated corporate bonds, money market instruments and gilts. The scheme began functioning from May 1998 and is benchmarked to CRISIL CompBEX. Its average AUM for the quarter ending March 2012 period stood at Rs. 519.cr. The scheme has given superior return of 12.29% as compared to 8.9% from its benchmark in the 1 year period. Meanwhile, in line with the investment objective the scheme has actively varied its allocation in debt securities depending on its view on interest rates. Its average allocation to NCDs/Bonds has been at almost 41% in the last 1-year period; while that of gilts stood at 15% during the same period. The average maturity of the scheme is 3.80 years in May 2012.

Trailing Returns

Period Scheme CRISIL

CompBEX Growth of Rs 10000





Debt Instrument Break-Up (%) NCD-ST N.A NCD & Bonds 39.89 GOI 16.73 Cash & equivalent 14.36 CP & CD 28.99 Others N.A





-2

0

2

4

Aug-

07

Dec

-07

Apr-

08

Aug-

08

Dec

-08

Apr-

09

Aug-

09

Dec

-09

Apr-

10

Aug-

10

Dec

-10

Apr-

11

Aug-

11

Dec

-11

Apr-


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

UTI Bond Fund - Growth CRISIL CompBex

64

IDBI Dynamic Bond Fund - Growth

Scheme Details




High

Medium

Low

Objective To generate income while maintaining liquidity through active management of a portfolio comprising of debt and money market instruments.

Fund Manager Gautam Kaul Inception Date 14-Feb-12 Investment Type Debt LT Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 50 Mar-12


NAV * 10.27 NA NA NA NA Total Return NA NA NA NA NA CRISIL CompBEX 3.68 6.92 4.96 3.50 9.06 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Punjab National Bank -CD 20.19 Allahabad Bank -CD 9.88 Andhra Bank -CD 9.02 Oriental Bank Of Commerce -CD 8.97 Vijaya Bank -CD 8.94

Analysis IDBI Dynamic Bond Fund is an open ended debt scheme that primarily invests in government securities, treasury bills, PSU bonds and corporate bonds across various maturities. The investment objective is to generate income while maintaining liquidity and asset quality through active management of the portfolio. The scheme began functioning from February 2012 and is benchmarked to CRISIL CompBEX. The fund has given CAGR of 2.7% since its inception. In May, the fund has invested nearly 89% of its assets in high rated short term papers. Almost 89% of the fund’s total assets are invested in CDs whereas cash and cash equivalents are 3.4%. As per its portfolio as of May 2012, the fund has 14 securities in its holdings and top 10 holdings comprise of nearly 86% of its assets.

Trailing Returns


CompBEX Growth of Rs 10000

3 Months 2.51 1.79 10251 6 Months NA NA NA 1 Years NA NA NA 2 Years NA NA NA 3 Years NA NA NA 5 Years NA NA NA Inception 2.75 2.80 10080




Debt Instrument Break-Up (%) NCD-ST N.A NCD & Bonds 7.21 GOI N.A Cash & equivalent 3.42 CP & CD 89.37 Others N.A





0

1

2

May

-12


9.75

10.00

10.25

10.50

21-F

eb-1

2

06-M

ar-1

2

20-M

ar-1

2

03-A

pr-1

2

17-A

pr-1

2

01-M

ay-1

2

15-M

ay-1

2

29-M

ay-1

2

IDBI Dynamic Bond Fund - GrowthCRISIL CompBex

65

HDFC Short Term Opportunities Fund - Growth

Scheme Details




High

Medium

Low

Objective To generate regular income through investments in Debt/Money Market Instruments and Government Securities with maturities not exceeding 30 months.

Fund Manager Anil Bamboli, Rakesh Vyas Inception Date 25-Jun-10 Investment Type Debt ST Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 55 Mar-12


NAV * 11.78 11.30 10.34 NA NA Total Return 4.28 9.26 NA NA NA

CRISIL STBEX 3.59 7.87 4.70 6.58 9.53 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Punjab National Bank -CD 12.56 Indusind Bank Ltd. -CD 12.54 South Indian Bank Ltd. -CD 12.54 Karur Vysya Bank Ltd -CD 12.52 Hindustan Petroleum Corporation Ltd. -CP 12.51 ICICI Bank Ltd. -CD 12.51

Analysis The fund is an open ended income scheme that seeks to generate regular income for investors by making investments in debt or money market instruments and government securities with maturities not exceeding 30 months. The scheme was launched in June 2010 and has grown at a CAGR of 8.8% since its inception. On portfolio front, the scheme has majority of exposure in certificate of deposits (63.29%) as of May 2012 however CD’s exposure has significantly reduced from one year average of 86%. Being a short-term debt fund, the fund has deployed majority of corpus in high rated short-term debt securities. The scheme has invested nearly 76% of its in high rated P1+ securities. The scheme has also increased its exposure in high rated long term papers (AAA) to 15.7% in May 2012 from 9.17% in Feb 2012. The scheme has total 9 debt securities in its portfolio with banking being preferred sector (63%). The scheme’s average maturity has decreased from 29 days in May 2011 to 18 days in May 2012.

Trailing Returns

Period Scheme CRISIL STBEX

Growth of Rs 10000




Risk Analysis Std Dev 0.09% Beta -0.01 Sharpe Ratio 9.09






0.00

0.25

0.50

0.75

1.00

Aug-

10

Nov

-10

Feb-

11

May

-11

Aug-

11

Nov

-11

Feb-

12

May

-12


9.50

10.50

11.50

12.50

Jun-

10

Aug-

10

Oct

-10

Nov

-10

Jan-

11

Mar

-11

Apr-

11

Jun-

11

Jul-1

1

Sep-

11

Nov

-11

Dec

-11

Feb-

12

Apr-

12

May

-12

HDFC Short Term Opportunities Fund - GrowthCRISIL STBEX

66

IDBI Short Term Bond Fund - Growth

Scheme Details




High

Medium

Low

Objective To provide investors with regular income for their investment. The Scheme will endeavour to achieve this objective through an allocation of the investment corpus in a diversified portfolio of debt and money market instruments.

Fund Manager Gautam Kaul Inception Date 23-Mar-11 Investment Type Debt ST Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 8 Mar-12


NAV * 11.16 10.68 NA NA NA Total Return 4.50 NA NA NA NA CRISIL STBEX 3.59 7.87 4.70 6.58 9.53 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Bank Of India -CD 24.36 Central Bank Of India -CD 13.14 Oriental Bank Of Commerce -CD 12.22 Punjab National Bank -CD 12.20 Syndicate Bank -CD 12.16 Allahabad Bank -CD 10.25 Axis Bank Ltd. -CD 4.86

Analysis Launched in March 2011, IDBI Short Term Bond Fund is an open ended ultra short term debt scheme that seeks to provide investors with regular income for their investment. It endeavours to achieve this objective through an allocation of the investment corpus in a diversified portfolio of debt and money market instruments. The scheme has outperformed its benchmark CRISIL STBEX since its launch, giving a CAGR (compounded annualised growth rate) return of 9.6%. The scheme as of May 2012 has invested 97% of its assets in CDs and rest in CPs and cash and equivalent. It has also maintained high credit quality of portfolio by investing in highest rated short term papers. Its average exposure to highest rated papers in short term securities stood at 97.23% as of May 2012. The scheme has maintained an average of 83% exposure in highest rated short term papers since its inception. It had an average maturity of 0.62 years and holds total 10 securities in its May 2012 portfolio.

Trailing Returns

Period Scheme CRISIL STBEX

Growth of Rs 10000





Debt Instrument Break-Up (%) NCD-ST N.A NCD & Bonds N.A GOI N.A Cash & equivalent 2.76 CP & CD 97.23 Others N.A





0.00

0.25

0.50

0.75

1.00

May-11 Aug-11 Nov-11 Feb-12 May-12


9.50

10.50

11.50

12.50

Mar

-11

Apr-

11

May

-11

Jun-

11

Jul-1

1

Aug-

11

Sep-

11

Oct

-11

Nov

-11

Dec

-11

Jan-

12

Feb-

12M

ar-1

2

Apr-

12

May

-12

IDBI Short Term Bond Fund - GrowthCRISIL STBEX

67

UTI Liquid Cash Plan - Growth

Scheme Details




High

Medium

Low

Objective The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity.

Fund Manager Amandeep S Chopra, Manish Joshi Inception Date 28-June-03 Investment Type Liquid Maturity Type Open Ended Min. Investment Rs. 100000 Average AUM Rs.Cr 10631 Mar-12


NAV * 17.44 16.79 15.50 14.78 14.07 Total Return 3.86 8.35 4.86 5.03 8.68 CRISIL LiquiFEX 3.82 8.17 5.12 4.86 8.44 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Central Bank Of India -CD 9.33 Infrastructure Development Finance Company Limited -CP 5.32 Housing Development Finance Corporation Ltd. -CP 5.15 Canara Bank -CD 4.96 Allahabad Bank -CD 4.61 Indian Oil Corporation Ltd. -CP 3.44 Indian Overseas Bank -CD 3.06 Union Bank Of India -CD 3.04 Kotak Mahindra Bank Ltd. -CD 2.70 Hindustan Petroleum Corporation Ltd. -CP 2.67

Analysis UTI Liquid Cash Plan has been in existence since June 2003. It is positioned as money market fund which aims at offering reasonable returns to investors looking to park short-term surpluses. The scheme manages average AUM of Rs 10,631 cr as of March 2012. The scheme had an average exposure of 91% in short term highest rated papers over the 1-year period. Such high exposure in top rated papers goes well with the scheme’s objective to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of money market securities and high quality debt. The fund has also increased its exposure to government bonds from 0.24% in February 2012 to 1.56% in May 2012.

Trailing Returns


LiquiFEX Growth of Rs 10000










0.00

0.25

0.50

0.75

1.00

Aug-

07De

c-07

Apr-0

8Au

g-08

Dec-

08Ap

r-09

Aug-

09De

c-09

Apr-1

0Au

g-10

Dec-

10Ap

r-11

Aug-

11De

c-11

Apr-1


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11M

ar-1

1

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

UTI Liquid Cash Plan - GrowthCRISIL LiquiFEX

68

IDBI Liquid Fund - Growth

Scheme Details




High

Medium

Low

Objective To provide investors with high level of liquidity along with regular income for their investment. The Scheme will endeavour to achieve this objective through an allocation of the investment corpus in a low risk portfolio of money market and debt instruments.

Fund Manager Gautam Kaul Inception Date 9-Jul-10 Investment Type Liquid Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 3754 Mar-12


NAV * 11.71 11.24 10.31 NA NA Total Return 4.17 8.97 NA NA NA CRISIL LiquiFEX 3.82 8.17 5.12 4.86 8.44 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Canara Bank -CD 8.57 Allahabad Bank -CD 7.71 UCO Bank -CD 6.21 Central Bank Of India -CD 5.97 Hindustan Petroleum Corporation Ltd. -CP 4.36 Punjab & Sind Bank -CD 4.35 Edelweiss Financial Services Ltd. -CP 4.34 Bank Of India -CD 3.61 Punjab National Bank -CD 3.23 Magma Fincorp Ltd. -CP 3.10

Analysis IDBI Liquid Fund is an open-ended liquid scheme whose investment objective is to provide investors with high level of liquidity along with regular income for their investment. The fund manages assets worth Rs 3754 cr as of March 2012 quarter. In the short term period, the fund has delivered superior returns compared to its benchmark (CRISIL LiquiFEX). A sum of Rs 10,000 invested in the fund since its inception would have returned Rs 11,560 as on May 31, 2012. On portfolio front, over the past one year, the fund has invested 96% of its assets in top rated short term papers and balance in cash and cash equivalents. The fund has taken a higher exposure to certificate of deposits (CD) i.e. 57% of its assets. In May 2012, the scheme holds 40 securities and its top 10 holdings comprise 51% of its total assets.

Trailing Returns












0.00

0.25

0.50

0.75

1.00

Aug-

10

Nov

-10

Feb-

11

May

-11

Aug-

11

Nov

-11

Feb-

12

May

-12


9.50

10.50

11.50

12.50

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

IDBI Liquid Fund - Growth CRISIL LiquiFEX

69

UTI Liquid Cash Plan - Institutional Plan - Growth

Scheme Details




High

Medium

Low

Objective To generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of money market securities and high quality debt.

Fund Manager Amandeep S Chopra, Manish Joshi Inception Date 11-Dec-03 Investment Type Liquid Schemes - Institutional Maturity Type Open Ended Min. Investment Rs. 100000 Average AUM Rs.Cr 10631 Mar-12



Holdings % to NAV

Central Bank Of India -CD 9.33 Infrastructure Development Finance Company Limited -CP 5.32 Housing Development Finance Corporation Ltd. -CP 5.15 Canara Bank -CD 4.96 Allahabad Bank -CD 4.61 Indian Oil Corporation Ltd. -CP 3.44 Indian Overseas Bank -CD 3.06 Union Bank Of India -CD 3.04 Kotak Mahindra Bank Ltd. -CD 2.70 Hindustan Petroleum Corporation Ltd. -CP 2.67

Analysis UTI Liquid Cash Plan – Institutional Plan has been in existence since December 2003. It is positioned as money market fund which aims at offering reasonable returns to investors looking to park short-term surpluses. The scheme’s average AUM was Rs 10,631 cr as of March 2012. The scheme has generated superior returns than the benchmark, CRISIL LiquiFEX in all the period under analysis. The scheme had an average exposure of 91% in short term highest rated papers over the 1-year period. Such high exposure in top rated papers goes well with the scheme’s objective to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of money market securities and high quality debt. The fund has also increased its exposure to government bonds from 0.24% in February 2012 to 1.56% in May 2012.

Trailing Returns

Period Scheme CRISIL LiquiFEX

Growth of Rs 10000










0.00

0.25

0.50

0.75

1.00

Aug-

…

Dec

-…

Apr-

08

Aug-

…

Dec

-…

Apr-

09

Aug-

…

Dec

-…

Apr-

10

Aug-

…

Dec

-…

Apr-

11

Aug-

…

Dec

-…

Apr-


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

UTI Liquid Cash Plan - INSTITUTIONAL Plan - Growth

CRISIL LiquiFEX

70

UTI Money Market Fund - Institutional - Growth

Scheme Details




High

Medium

Low

Objective The primary investment objective of the scheme is to provide reasonable returns commensurate with low risk while providing a high level of liquidity through investments made primarily in money market and debt securities.

Fund Manager Amandeep S Chopra, Manish Joshi Inception Date 13-Jul-09 Investment Type Liquid Schemes - Institutional Maturity Type Open Ended Min. Investment Rs. 5000000 Average AUM Rs.Cr 2541 Mar-12


NAV * 12.22 11.73 10.76 10.21 NA Total Return 4.14 9.00 5.40 NA NA CRISIL LiquiFEX 3.82 8.17 5.12 4.86 8.44 * Last Disclosed NAV of the calendar year

Holdings % to NAV

I L & F S Financial Services Ltd. -CP 16.13 Indiabulls Financial Services Ltd. -CP 11.96 Allahabad Bank -CD 8.09 Magma Fincorp Ltd. -CP 6.06 UCO Bank -CD 4.06 Bank of Maharashtra -CD 4.05 Federal Bank Ltd. -CD 4.05 Kotak Mahindra Bank Ltd. -CD 4.05 Bajaj Finance Ltd. -CP 4.04 Religare Finvest Ltd. -CP 4.04

Analysis The fund is open ended money market fund that aims to provide highest possible current income consistent with preservation of capital and providing liquidity from investing in a diversified portfolio f short term money market securities. As per the mandated asset allocation, the scheme invests in the money market securities having residual maturity or weighted average maturity of upto 91 days. The fund is positioned as a low-risk, low-volatility fund which aims at offering reasonable returns to investors looking to park short-term surpluses. A look at its portfolio shows that 85% of its assets are invested in top rated short-term papers in May 2012. Cash and cash equivalents constitutes 15% of its total portfolio. The scheme has 22 securities in its portfolio and top 5 securities accounts for 30% of its assets. The scheme has reduced its average maturity from 0.10 years in February 2012 to 0.08 years in May 2012.

Trailing Returns



3 Months 2.53 2.34 10253 6 Months 4.96 4.54 10496 1 Years 9.70 8.76 10970 2 Years 8.40 7.82 11751 3 Years NA NA NA 5 Years NA NA NA Inception 7.17 6.41 12210









0.00

0.25

0.50

0.75

1.00

Aug-

09

Nov

-09

Feb-

10

May

-10

Aug-

10

Nov

-10

Feb-

11

May

-11

Aug-

11

Nov

-11

Feb-

12

May

-12


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

UTI Money Market Fund - Institutional - GrowthCRISIL LiquiFEX

71

Reliance Liquidity Fund - Growth

Scheme Details




High

Medium

Low

Objective To generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Fund Manager Amit Tripathi, Anju Chajjer Inception Date 15-Jun-05 Investment Type Liquid Super Institutional Maturity Type Open Ended Min. Investment Rs. 50000000 Average AUM Rs.Cr 8439 Mar-12



Holdings % to NAV

Allahabad Bank -CD 7.39 Sesa Goa Ltd. -CP 5.40 Indian Bank -CD 4.54 Central Bank Of India -CD 4.49 Housing Development Finance Corporation Ltd. -CP 4.46 Sterlite Energy Ltd. -CP 4.20 Federal Bank Ltd. -CD 3.58 Chennai Petroleum Corporation Ltd -CP 3.56 Hindustan Petroleum Corporation Ltd. -CP 3.29 IDBI Bank Ltd. -CD 3.29

Analysis Reliance Liquidity Fund is an open ended liquid scheme which invests in money market and other short term fixed income securities. The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. The scheme was launched in June 2005 and its average AUM for the quarter ending March 2012 period stood at Rs. 8439 cr. Since its inception, the scheme has given returns of 7.4% as compared to 6.7% returns given by its benchmark CRISIL LiquiFEX. The scheme has allocated its portfolio among CD (48%), CP (35%) and Cash components (17%) as per the May 2012 portfolio. Within the debt portfolio, its investments in top rated papers formed 84% of its portfolio in the last 1-year period. The scheme’s average maturity fell from 35 days in May 2012 to 29 days in May 2012.

Trailing Returns











0.00

0.25

0.50

0.75

1.00

Aug-

07N

ov-0

7Fe

b-08

May

-08

Aug-

08N

ov-0

8Fe

b-09

May

-09

Aug-

09N

ov-0

9Fe

b-10

May

-10

Aug-

10N

ov-1

0Fe

b-11

May

-11

Aug-

11N

ov-1

1Fe

b-12

May

-12


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

Reliance Liquidity Fund - GrowthCRISIL LiquiFEX

72

HDFC Liquid Fund - Premium Plus Plan - Growth

Scheme Details




High

Medium

Low

Objective To enhance income consistent with a high level of liquidity, through a judicious portfolio mix comprising of money market and debt instruments.

Fund Manager Shobhit Mehrotra, Rakesh Vyas Inception Date 24-Feb-03 Investment Type Liquid Super Institutional Maturity Type Open Ended Min. Investment Rs. 200000000 Average AUM Rs.Cr 8571 Mar-12



Holdings % to NAV

State Bank Of Patiala -CD 6.95 Punjab National Bank -CD 5.08 Canara Bank -CD 4.87 Bank Of India -CD 4.40 Bank Of Baroda -CD 1.95 IDBI Bank Ltd. -CD 1.81 Hindustan Petroleum Corporation Ltd. -CP 1.40 Bharat Petroleum Corporation Ltd. -CP 1.39 Indian Oil Corporation Ltd. -CP 1.39 South Indian Bank Ltd. -CD 1.04

Analysis HDFC Liquid Fund Premium Plus Plan is an open ended liquid income scheme whose primary objective is to enhance income consistent with a high level of liquidity, through a judicious portfolio mix comprising of money market and debt instruments. The AMC retains the flexibility to invest across all the securities in debt and money market. The scheme has been in existence since February 2003 and has posted a CAGR (compounded annualised growth rate) return of 6.74% since its inception. It has generated higher returns over the benchmark (CRISIL LiquiFEX) in all periods under analysis. The average assets managed by the scheme stood at Rs 8571 cr as of March 2012 quarter. On portfolio front, the scheme has increased in exposure in cash and cash equivalents to nearly 62% in May 2012 from 39% in February 2012. The scheme has reduced its investments in CPs and CDs to 38% in May 2012 portfolio significantly lower from 61% seen quarter ago. The scheme has total 22 securities in its portfolio with top 5 holdings accounting for 23% of its total assets.

Trailing Returns






Debt Instrument Break-Up (%) NCD-ST 0.28 NCD & Bonds N.A GOI N.A Cash & equivalent 61.76 CP & CD 37.96 Others N.A





0.00

0.25

0.50

0.75

1.00

Aug-

07

Dec

-07

Apr-

08

Aug-

08

Dec

-08

Apr-

09

Aug-

09

Dec

-09

Apr-

10

Aug-

10

Dec

-10

Apr-

11

Aug-

11

Dec

-11

Apr-


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

HDFC Liquid Fund - PREMIUM PLUS PLAN - GrowthCRISIL LiquiFEX

73

Birla Sun Life Floating Rate Fund - Long Term - Growth

Scheme Details




High

Medium

Low

Objective To generate regular income through investment in debt securities and money market instruments.

Fund Manager Kaustubh Gupta, Sunaina da Cunha Inception Date 05-June-03 Investment Type Ultra ST debt Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 539 Mar-12



Holdings % to NAV

IDBI Bank Ltd. -CD 7.69 Power Finance Corporation Ltd. -NCD & Bonds 7.48 Syndicate Bank -CD 7.35 Vijaya Bank -CD 7.12 Andhra Bank -CD 6.97 Canara Bank -CD 6.96 Corporation Bank -CD 6.95 Bank Of India -CD 6.93 Axis Bank Ltd. -CD 4.65 Tata Motor Finance Ltd. -NCD-ST 4.47

Analysis Birla Sun Life Floating Rate Fund is an open-end income fund that primarily invests in floating rate debt instruments. It endeavour to minimize interest rate risk and act as a hedge against increase in interest rates. The scheme aims to provide a regular stream of income while minimizing risks arising from interest rate fluctuations. The scheme was launched in June 2003, manages average AUM of Rs 539 cr as of May 2012 and has given 7.3% CAGR return since inception as compared with 6.1% returns provided by its benchmark (CRISIL LiquiFEX) On portfolio front, the scheme has allocated 58% in CDs, 12% in NCDs and balanced in cash equivalents. The scheme has invested 70% of its assets in top rates debt securities. The scheme has total 12 securities in its portfolio with top 5 securities accounting for 37% as of May 2012.

Trailing Returns





Avg Mat (Years) NA


Debt Instrument Break-Up (%) NCD-ST 4.47 NCD & Bonds 7.48 GOI N.A Cash & equivalent 30.47 CP & CD 57.59 Others N.A





0.00

0.25

0.50

0.75

1.00

Aug-

07

Dec

-07

Apr-

08

Aug-

08

Dec

-08

Apr-

09

Aug-

09

Dec

-09

Apr-

10

Aug-

10

Dec

-10

Apr-

11

Aug-

11

Dec

-11

Apr-


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

Birla Sun Life Floating Rate Fund - Long Term - GrowthCRISIL LiquiFEX

74

IDBI Ultra Short Term Fund - Growth

Scheme Details




High

Medium

Low

Objective To provide investors with regular income for their investment. The Scheme will endeavour to achieve this objective through an allocation of the investment corpus in a diversified portfolio of money market and debt instruments with maturity predominantly between a liquid fund and a short term fund while maintaining a portfolio risk profile similar to a liquid fund.

Fund Manager Gautam Kaul Inception Date 3-Sep-10 Investment Type Ultra ST debt Maturity Type Open Ended Min. Investment Rs. 5000 Average AUM Rs.Cr 608 Mar-12


NAV * 11.64 11.18 10.23 NA NA Total Return 4.12 9.28 NA NA NA CRISIL LiquiFEX 3.82 8.17 5.12 4.86 8.44 * Last Disclosed NAV of the calendar year

Holdings % to NAV

Edelweiss Financial Services Ltd. -CP 9.41 I C I C I Securities Primary Dealership Ltd. -CP 7.87 UCO Bank -CD 7.87 Corporation Bank -CD 7.83 Axis Bank Ltd. -CD 7.74 Indusind Bank Ltd. -CD 7.57 Central Bank Of India -CD 6.28 Investmart Financial Services Ltd. -CP 4.73 Bank of Maharashtra -CD 3.95 State Bank Of Bikaner And Jaipur Ltd. -CD 3.94

Analysis IDBI Ultra Short Term Fund is an open ended debt scheme that was launched in September 2010 with an investment objective to provide investors with regular income for their investment. The Scheme endeavors to achieve this objective through allocation of the investment corpus in a diversified portfolio of money market and debt instruments with maturity predominantly between a liquid fund and a short term fund while maintaining a portfolio risk profile similar to a liquid fund. During the short span of time since its launch, IDBI Ultra Short Term Fund has consistently outperformed its benchmark (Crisil Liquid Fund Index) in all the period under analysis; giving a CAGR return of almost 9% since its inception The average assets under fund management (AUM) for the quarter ended March 2012 were Rs 608 cr. Over the last 1-year period ending May 2012, almost all the portfolio has been invested in the highest rated short term papers, and remains fully invested in CP and CDs. Thus, the fund has maintained high asset quality in its portfolio. The fund maintained an average exposure of 64% towards CDs over the last 1 year, while average investment in CPs stood at 36% during the period. The scheme has decreased its average maturity to 36 days in May 2012 from 45 days in February 2012.

Trailing Returns












0.00

0.25

0.50

0.75

1.00

Nov

-10

Feb-

11

May

-11

Aug-

11

Nov

-11

Feb-

12

May

-12


9.50

10.50

11.50

12.50

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

IDBI Ultra Short Term Fund - GrowthCRISIL LiquiFEX

75

HDFC Cash Management Fund - Treasury Advantage Plan - Wholesale Option - Growth

Scheme Details




High

Medium

Low

Objective To generate regular income through investment in debt securities and money market instruments.

Fund Manager Anil Bamboli, Miten Lathia Inception Date 23-Apr-07 Investment Type Ultra ST debt - Institutional Maturity Type Open Ended Min. Investment Rs. 10000000 Average AUM Rs.Cr 15232 Mar-12



Holdings % to NAV

Canara Bank -CD 5.52 Punjab National Bank -CD 4.59 Bank Of India -CD 4.29 Allahabad Bank -CD 3.36 Vijaya Bank -CD 2.86 IDBI Bank Ltd. -CD 2.69 Bank of Maharashtra -CD 2.56 Punjab & Sind Bank -CD 2.49 State Bank Of Patiala -CD 2.29 Corporation Bank -CD 2.23

Analysis Whole sale plan in the HDFC Cash Management Fund - Treasury Advantage Plan was introduced in April 2007. The fund seeks to generate regular income through investment in debt securities and money market instruments. The scheme aims to optimise portfolio yield through a judicious mix of short duration and mark to market assets. It would have the flexibility to enhance yields in various yield curve scenarios while leveraging on the pricing inefficiencies between different credits and different tenors. The scheme has outperformed its benchmark CRISIL LiquiFex in all period taken into analysis, giving a CAGR (compounded annualised growth rate) return of 7.8% since its inception. In line with its stated objective, the scheme has predominantly invested in short term securities. It has allocated over 49% of its May 2012 assets in CDs (Certificate of deposits) and CPs (Commercial Papers), 5% in NCDs. The scheme also had 45% of its assets invested in cash and equivalents, in order to ensure liquidity. The scheme had total 37 securities in its portfolio and an average maturity of 33 days as of May 2012.

Trailing Returns







Debt Instrument Break-Up (%) NCD-ST 0.64 NCD & Bonds 4.41 GOI N.A Cash & equivalent 45.95 CP & CD 49.00 Others N.A





0.00

0.25

0.50

0.75

1.00

Aug-

07

Dec

-07

Apr-

08

Aug-

08

Dec

-08

Apr-

09

Aug-

09

Dec

-09

Apr-

10

Aug-

10

Dec

-10

Apr-

11

Aug-

11

Dec

-11

Apr-


9.510.010.511.011.512.0

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

HDFC Cash Management Fund - Treasury Advantage Plan - Wholesale Option - GrowthCRISIL LiquiFEX

76

ICICI Prudential Floating Rate Plan - Option D - Growth

Scheme Details




High

Medium

Low

Objective The primary objective of the Plan is to generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments.

Fund Manager Chaitanya Pande Inception Date 17-Nov-05 Investment Type Ultra ST debt - Super Institutional Maturity Type Open Ended Min. Investment Rs. 50000000 Average AUM Rs.Cr 1412 Mar-12



Holdings % to NAV

Axis Bank Ltd. -CD 9.67 Indian Overseas Bank -CD 4.90 Bank Of Baroda -CD 4.84 Oriental Bank Of Commerce -CD 4.84 Housing Development Finance Corporation Ltd. -CP 4.83 Bajaj Finance Ltd. -CP 4.82 India Infoline Finance Ltd. -CP 4.82 L&t Finance Ltd. -CP 4.82 Tata Capital Financial Services Ltd. -CP 4.82 IDBI Bank Ltd. -CD 4.74

Analysis ICICI Prudential Floating Rate Plan is an open ended debt fund that seeks to invest predominantly in debt securities with a floating rate of interest. The conventional fixed interest rate investments are open to interest rate risk while floating rate instruments are securities that are repriced at periodic intervals based on the certain accepted benchmarks. Thus by virtue of this periodic repricing floating rate instruments aim to minimise the interest rate risk for investors. The scheme has been in existence for more than 6 years and has generated an annualised return of 7.7% since its inception. It manages average assets of Rs 1412 cr as of for the quarter ending March 2012. Adhering to its investment objective, the scheme has made majority of investments in short term securities. It has invested 68% of its May 2012 assets in CDs (Certificate of deposits) and CPs (Commercial Papers) with average investments of 69% in these instruments over a period of 1-year. These short term papers were invested in highest rated papers with average exposure of 71% over the year. Its average exposure to cash and cash like instruments stood at 18% over the year. The scheme had an average maturity of 22 days in May 2012, lower than 30 days in February 2012.

Trailing Returns












0.00

0.25

0.50

0.75

1.00

Aug-

07

Dec

-07

Apr-

08

Aug-

08

Dec

-08

Apr-

09

Aug-

09

Dec

-09

Apr-

10

Aug-

10

Dec

-10

Apr-

11

Aug-

11

Dec

-11

Apr-


9.50

10.50

11.50

12.50

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Mar

-11

May

-11

Jul-1

1

Sep-

11

Nov

-11

Jan-

12

Mar

-12

May

-12

ICICI Prudential Floating Rate Plan - Option D - GrowthCRISIL LiquiFEX

77

Glossary

Average Maturity This measure applies to debt mutual fund schemes. A debt fund portfolio comprises of a large number of debt

securities with different maturities. Therefore, weighted average maturity is calculated to disclose the average

maturity of all debt securities in the portfolio. This explains the sensitivity of a debt fund to the market interest rate

changes.

Expense Ratio (%) A measure to determine the cost incurred by a mutual fund company to manage the respective mutual fund

scheme. Expenses such as fund manager's fee, custodial charges, taxes, legal fees etc are considered to derive

the expense ratio. A higher expense ratio may eat into the returns delivered by the scheme. Therefore, expense

caps have been decided by the regulator for respective mutual fund categories.

Portfolio Beta Beta is a measure of volatility of the portfolio with respect to the market, also known as systematic risk. A beta

measure of 1 indicates that the portfolio volatility will be same as that of the index/market. Any value greater than

1 indicates that the portfolio is more volatile than the index and vice versa.

Portfolio P/E Trailing Price Earning ratio (P/E) is defined as the price paid for a share relative to the profit/income earned per share.

Trailing P/E is based on the past earnings i.e the actual earnings of a company. A portfolio's trailing P/E ratio is

compared with the average P/E for the respective mutual fund category in order to identify whether the portfolio is

wisely priced or not

Sharpe Ratio Sharpe ratio is arrived at by dividing the returns in excess of risk-free return with the standard deviation of portfolio

returns and is also explained as the risk adjusted return measure. This ratio helps in identifying whether the fund

returns are the result of good investment decisions or greater risk taken by the fund manager. Higher the Sharpe

ratio, the better it is

Standard Deviation A statistical measure that defines the expected volatility and the risk associated with a portfolio. This explains the

variation/deviation from the average returns delivered by the scheme. A higher standard deviation means higher

volatility and a lower standard deviation means lower volatility

Style Box - Debt Investment Style Box defines the placement of total portfolio of the scheme in the appropriate style. For debt fund,

styles are defined on the basis of credit quality (high, medium and low) and interest rate sensitivity (high, medium

and low). The combination of these two parameters gives nine styles of investment, e.g. high credit quality with

low interest rate risk, low credit quality with medium interest rate risk etc.

Style Box - Equity Investment Style Box defines the placement of total portfolio of the scheme in the appropriate style. For equity

fund, styles are defined on the basis of market capitalisation (large-cap, diversified and small and mid-cap) and

investment style (growth, value and blend). The combination of these two parameters gives nine styles of

investment, e.g. large-cap growth, mid and small-cap value, diversified blend etc. In growth style of investment,

the fund manager invests in avenues where the growth rate is higher than the industry growth rate. In value style

of investment, the fund manager invests in securities that are priced lower than their fair value.

Market Capitalisation Giant Cap - Market Cap above Rs 40,133 cr

Large Cap - Market Cap Rs. 11,806 cr to Rs 40,133 cr

Mid Cap - Market Cap Rs. 193 cr to Rs 11,806 cr

Small Cap - Market Cap upto Rs 193 cr

78

DISCLAIMERS & RISKFACTORS

“This document including all annexure is for information purposes only and should not be construed as an offer or solicitation of an offer for purchase of any securities, instruments or the Schemes of any Mutual Fund. Market views expressed herein are for general information only and do not have regards to specific investment objectives, financial situation and the particular needs of any specific person who may have receive this information. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. Neither IDBI Bank Ltd, nor any person connected with it, accepts any liability arising from the use of this information. Recipient of this material should understand that statements made herein regarding future prospects may not be realized. They should also understand that any reference to the securities, instruments, sectors in this document is only for illustration purpose. The distribution of this document in certain jurisdictions may be restricted or totally prohibited and accordingly, persons who come into possession of this document are required to inform themselves about, and to observe, any such restrictions. Risk Factors: All investments in mutual funds and securities are subject to market risks and the NAV of the Schemes of the Fund may go up or down depending upon the factors and forces affecting the securities market. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. Past performance of the Sponsor, AMC, and Mutual Fund does not guarantee future performance of the Schemes. Schemes specific risk factors: Investment in the MF Schemes shall be subject to various risks including but not limited to risk associated with: Investment in Equity and Equity related Instruments & Bonds such as Performance Risk, Credit Risk, Reinvestment Risk, Interest Rate Risk, Investment in Derivatives, Securitised Debt, etc. Please refer the respective Scheme Information Documents and Statement of Additional Information carefully before investing.” CRISIL Research, a Division of CRISIL Limited has taken due care and caution in preparing this Report. Information has been obtained by CRISIL from sources which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. CRISIL is not liable for investment decisions which may be based on the views expressed in this Report. CRISIL especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this Report. CRISIL Research operates independently of, and does not have access to information obtained by CRISIL’s Ratings Division, which may, in its regular operations, obtain information of a confidential nature which is not available to CRISIL Research. No part of this Report may be published / reproduced in any form without CRISIL’s prior written approval.