111008 - Weekly

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Saturday, October 08, 2011

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

Headlines

(Global Economy) Moody's lowered Italy's rating to A2 from Aa2, with a negative outlook.

(Indian Economy) India's current account deficit for Q1FY12 widened to USD 14.2 bn

(Economic Calendar)

(Global and Domestic Stock Markets)

(Derivative Analysis) Nifty October Futures closed at 4898.60

(Technical Analysis) Nifty Supports at 4800-4730 and resistance 4970-5034.

(Weekly Recommendations) STERLITE And L&T

(Sector & Company Highlights)

(MF Industry update)

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Global Economy

US Consumer spending slowed in August as incomes dropped for

he first time in almost two years, showing scarce jobs are

preventing the U.S. economy from gaining ground. Purchases rose

0.2% after a 0.7% increase the prior month, and earnings decreased

0.1%. Wages and salaries dropped 0.2% last month & the savings

rate dropped to 4.5% in August from 4.7% the prior month. US

Federal Reserve Chairman Ben Bernanke said the central bank is

ready to take additional steps to boost U.S. growth and cautioned

awmakers against budget moves that would harm a sluggish

recovery. The central banks near-zero benchmark interest rate

and USD 2.3 tn of housing and government-debt purchases since

2008 have failed to produce self-sustaining growth in the economy

and employment. Claims for U.S. unemploymentbenefits rose less

han forecast last week to a level that shows companies may be

starting to slow the pace of dismissals. Applications for jobless

benefits increased by 6,000 in the week ended Oct. 1 to 401,000.

Reductions in firings may set the stage for bigger gains in payrolls

needed to bring down the unemployment rate, signaling more

confidence among companies that demand will hold up.

European inflation unexpectedly accelerated to the fastest in almost

hree years in September, increasing pressure on an economy

Global Economic Indicators (As on October 7, 2011)

Commodities and Currencies

Gold futures for December delivery settled at USD 1,653.20 an

ounce on the Comex. The precious metal is heading for the first

weekly gain. Silver futures for December delivery settled at USD

32.005 an ounce on the Comex. The price has advanced 39% in the

past 12 months. Crude Oil rose in New York, capping the biggest

Source: Economist

already hurt by tougher austerity measures and waning investor

confidence amid the debt crisis. The euro-area inflation rate jumped

to 3% this month from 2.5%in August. The euro-area jobless rate

held at 10% in August.

Italys credit rating was cut by Moodys Investors Service for the

first time in almost two decades on concern that government will

struggle to reduce the regions second-largest debt amid chronically

weak growth. Moodys lowered Italys rating three levels to A2 from

Aa2, with a negative outlook.

Greeces government pledged to fire workers as part of a Euro 6.6

bn (USD 8.8 bn) austerity package designed to help secure a rescue-

loan payout and a second European Union-led bailout.

U.K. economic growth slowed more than initially estimated in the

second quarter, adding to pressure on Bank of England policy makers

to provide more stimulus for the economy. Gross domestic product

rose 0.1% from the first quarter, lower than the 0.2% previously

published & from a year earlier, GDP rose 0.6%. Consumer

spending plunged 0.8%.

weekly gain in seven months, as larger-than-forecast U.S. jobs

growth eased concern that the economy is slowing. Crude oil for

November delivery settled at USD 82.98 a barrel on the NYMEX;

prices are down 9.2% this year.

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

GDP +1.5 +1.6 -1.1 +0.6 +9.5 +3.1 +3.4

Industrial Production +3.4 +4.2 +0.6 -0.7 +13.5 +1.8 +6.2

Consumer Price Index +3.8 +3.0 +0.2 +4.5 +6.2 +7.2 +7.2

Unemployment Rate 9.1 10.0 4.7 7.9 6.1 6.0 6.1

Current Account Balance % of GDP -3.3 -0.5 +2.4 -2.0 +4.0 -2.5 +4.9

Trade Balance (USD bn) -706.7 -33.4 +31.6 -160.0 +175.3 +30.6 +177.7

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Indian Economy

Indias current account deficit for the first quarter to June this year

widened to USD 14.2 bn, 17% higher than a year ago, in what is

perceived to be a slight worsening of the countrys external sector

position. Indian manufacturing growth nearly stalled in September

on slowing output and orders growth following a series of interest

rate hikes. The HSBC Markit India Manufacturing PMI fell more

han two points to 50.4 from 52.6. The output index plunged to 51.1

from 56.0. Indias exports maintained their growth momentum in

August, 2011, rising by 44.2% YoY to USD 24.3 bn despite the

economic woes in traditional Western markets. Imports, too, grew

by 41.8% to USD 38.4 bn in August, translating into a trade deficit of

USD 14 bn during the month. Indias service sector has contracted

for the first time in more than two years as new business all but

dried up and expectations weakened amid concern over a flagging

world economy. The seasonally adjusted HSBC Markit Business

Indian Debt Markets

Reserve Bank of India sold INR 30 mn of bonds but did not buy any

debt in the week to Sept 30. It had bought INR 1.17 bn of bonds and

sold INR 1.16 bn of debt in the previous week. The auction is part of

Source: CCIL

Source: CCIL

Indian Currency Movement

The rupee strengthened as shares jumped on the back of a global

risk rally fuelling hopes for foreign fund inflows, but ended off the

Activity Index, based on a survey of around 400 firms, plunged in

September to 49.8 the index was at 53.8 in August. Food inflation

rose to 9.41% for the week ended September 24 vs 9.13% in the

previous week, on the back of costlier vegetables, fruits, milk and

protein-based items. The rate of price rise in food items was 16.88%

in the corresponding week of 2010. The vegetables became dearer

by 14.88% year-on-year during the week under review, while

potatoes and onions grew more expensive by 9.34% and 10.58%,

respectively. The monsoon was normal this year and the

government had earlier exuded hope this would bring down food

prices. Overall, inflation in primary articles stood at 10.84% during

the week under review, compared to 11.43% in the previous week.

Meanwhile, inflation in the fuel and power segment was flat at

14.69%, the same as in the previous week.

INR 2.2 tn the government aims to borrow between October and

March, significantly higher than the budgeted INR 1.67 tn. The 10-

year yield had closed at 8.55%.

days highs as the euro took a breather in its rise versus the dollar.

The partially convertible rupee closed at 49.1550/1650 per dollar.

Annualized Rate

(current)

Annualized Rate

(last month)Headline Inflation

(WPI)9.78

Primary Products 12.58 11.30

Fuel Power and

Lubricants12.84 12.04

Manufactured

Goods7.79 7.49

Headline Inflation by WPI (%) (August 2011)

9.22

Internals

Current 1 WeekChange

Weekly

1 YearChange

annualUSD 49.14 48.91 0.47 45.04 9.10

GBP 75.97 76.53 (0.73) 71.3 6.55

Euro 66.00 66.43 (0.65) 60.62 8.87

Yen 64.11 63.93 0.28 53.46 19.92

1 Year Gilt 8.36

Debt Market Yields (%)

INR Exchange Rate (As on October 7, 2011)

10 year Gilt 8.55

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Economic Calendar

Date Event Period Prior

13-Oct Food Article s W PI YoY 1-Oct 9.4%

13-Oct Fuel Power Articles WPI YoY 1-Oct 14.7%

13-Oct Primary Artic les WPI YoY 1-Oct 10.8%

India US

Date Event Period Prior

7-Oct Unemployment Rate SEP 9.1%

7-Oct Change in Ma nufa ct Pa yroll SEP -3K

7-Oct Wholesale Inventories AUG 0.8%

8-Oct Consumer Credit AUG $11.96bn

11-Oct Monthly Budget S tatement SEP -$134.2b

12-Oct MBA Mortgage Applications 7-Oct -4.3%

13-Oct Initial Jobless Claims 7-Oct -

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Global and Domestic Stock Markets

Global

US markets ended higher by 2 percent for the week rebounding smartly from

the lows. Dow found support around the threshold level of 20 percent lower

than the highs. ECBs decision to open the liquidity tap helped European markets

recover smartly. Credit markets are likely to function normally on account of

the same. Economic data however has been patchy both in Europe and US.

Downgrades continued. Italy and Spain was downgraded by the Fitch agency.

Moodys downgraded European banks. Concerns will continue and thus volatility

in the short term is likely to continue.

US Data to watch next week: MBA Mortgage Applications, Initial Jobless Claims,

Continuing Claims, Advance Retail Sales.

Domestic Performance of Sectoral Indices

Domestic markets gyrated to happenings in the international markets as well

as domestic macro concerns. Moodys rating downgrade of SBI hurt the banking

sector in the interim but private sector banks did manage to stage some

recovery. SBI lost substantial ground and government action will be important

to see recovery in SBI. Flows remained subdued on the FII front. Government

recently increased its borrowing program significantly. Concerns are now being

expressed on the govts ability to contain fiscal deficit with government more

focused on politics and also on account of its inability to push through the

disinvestment agenda. On stock specific front, telecom lost on expectations of

negative from new policy. Companies with high debt burden continued to be

negatively affected.

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

Primary Articles WPI YoY, Industrial Production YoY.

Outlook

The results season commences next week. There are positive expectations

from the software sector in terms of both growth in revenue and profitability.

Some benefit from depreciating currency could also accrue to some of these

companies. Banking sector results will be keenly watched in terms of banks

ability to deliver credit growth and contain NPA slippages. In the infrastructure

segment, cement sector has built in some positive expectations. ECBs move to

provide liquidity support helped the markets but volatility on back of newsflow

emerging from Europe is likely to continue. Given domestic macro issues, eyes

will be on government to see some concrete action. Industry and government

both would like to see a pause in interest rate hikes from RBI. For the time

being however, results and global cues will matter.

Close% Change

(week)

Dow Jones 10913.4 1.3%

NASDAQ 2415.4 -2.7%

S&P 500 1131.4 -0.4%

FTSE 5128.5 1.2%

DAX 5502.0 5.9%

Hang Seng 17592.4 -0.4%

Nikkei-225 8700.3 1.6%

Indices Close% Change

(week)

BSE SENSEX 16453.8 1.8%

NSE NIFTY 4943.3 1.6%

BSE MIDCAP 6129.6 -1.5%

BSE SMALL CAP 6881.1 -2.3%

BSE AUTO 8498.4 0.9%

BSE METALS 10995.6 -4.5%

BSE BANKEX 10850.7 0.8%

BSE IT 5275.2 5.8%

DLF 218.7 10.4%

EDUCOMP 238.4 10.0%

RELCAPITAL 315.2 -21.7%

RELINFRA 373.6 -12.8%

BSE 125.9

NSE CASH 551.8

NSE F&O 8611.5

Institutions Net Inflow

FII -15.5

DIIs 10.8

Institutional Activity in INR Bn (Weekly)

Key Indices Global

Sectoral Indices

Key Indices (Indian)

Weekly Gainers (BSE 100)

Weekly Losers (BSE 100)

Weekly T urnover (in INR Bn)

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Derivative Analysis

Top 5 Price Losers

Top 10 Volume Gainers

Top 5 Price Gainers

Market Snapshot

Nifty September Futures closed at 4898.60 (premium of 10.60 points over

the Nifty spot)

Open interest Nifty FUTIDX (Expiry 29 Sept): 20.66 mn.

Open interest BankNifty FUTIDX (Expiry 29 Sept): 2.02 mn.

India VIX for the week ended at 33.02, up 1.08 from previous weeks close

(31.94). In the week VIX touched low of 29.90 and high of 39.02.

Weekly Open Interest Analysis (Nifty Option)

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

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

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

term.

Sector Wise OI Change:

Most of the Sectors witnessed positive OI change wherein, CAPITAL

GOODS, BANK, POWER and IT gained the most.

Cash Future Cash Future

HEXAWARE 11.78 11.85 -25.29 -19.18 -12.08

EDUCOMP 9.81 9.83 -30.21 -33.06 -24.91

MUNDRAPORT 9.82 9.21 93.73 74.29 -32.23

DLF 10.84 8.04 -16.23 -17.53 -22.29

JPASSOCIATE 8.02 7.92 -8.06 -1.68 -36.80

SCRIPS % Change - Price %Change - Volume % Change

in OI

Cash Future Cash Future

RELCAPITAL -21.62 -21.36 328.80 185.51 88.27

SUNTV -19.95 -20.63 240.71 122.40 77.82

KFA -17.49 -18.28 298.01 102.68 11.88

PANTALOONR -13.79 -13.86 14.93 6.80 -7.68

RELINFRA -12.83 -12.67 124.07 76.13 19.06

SCRIPS % Change - Price %Change - Volume % Change

in OI

% Change Volumes

Price Open Interest (Delivery Based)

DIVISLAB 2.30 6.19 330.71

GMDCLTD -5.60 -27.16 16.41

FORTIS -5.16 54.68 -62.87

ABGSHIP 4.05 0.99 85.78

HOTELEELA 0.83 -5.52 -78.25

VOLTAS -4.37 -11.45 613.17

RELCAPITAL -21.62 88.27 667.90ESSAROIL -7.95 0.20 738.84

COREEDUTEC 0.42 -11.52 34.88

ROLTA -11.11 5.43 123.48

SCRIPS % Change in F&O

OIAnalysis

-

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

4500

4600

4700

4800

4900

5000

5100

5200

5300

5400

5500

Strike

OI

CallOption

PutOption

ChangeinOI

(2,000,000)

(1,000,000)

0

1,000,000

2,000,000

3,000,000

4500

4600

4700

4800

4900

5000

5100

5200

5300

5400

5500

Strike

OIChange

CallOption

PutOption

-300%

-250%

-200%

-150%

-100%

-50%

0%

50%

100%

150%

200%

250%

300%

350%

400%

450%

500%

550%

600%

650%

700%

Power

Bank

Realty

Oil&Gas

Metal&Mining

Auto

Pharma

IT

CapitalGoods

Cement

Sectors

%ChangeinOI

NiftyPCRatio

0.6

0.7

0.8

0.9

1

1.1

1.2

1.3

1.4

3-Oct

4-Oct

5-Oct

6-Oct

7-Oct

Date

PCR

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Technical Analysis

Source: Iris)

Conclusion

Last week Nifty shut on a marginal negative @ 4888 and down by 55 points from the previous week's close. Technically Nifty on weekly

chart has formed bullish hammer candle stick pattern, which shows sideways to positive sentiment in coming sessions. Nifty spot on

weekly has opened at 4874.40 and made a low of 4728.30 and made a high of 4922.60 then finally closed sideways sentiment at 4888.

Stochastics and the RSI are slightly oversold and sideways signaling that buying pressure at support levels are possible short-term.

Nifty closed below the 20 day moving average (4960) indicates the short term trend could be turning sideways. Stochastics trending lower

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

with trading range between 4725-5034. The next area of resistance is around at 4970-5034. So Nifty appears to be sideways trading on

weekly chart having supports at 4800-4730 levels. For short term trading long positions, stop loss of 4725 is advisable.

Weekly Nifty has resistance at 4970-5034 and supports at 4800-4730.

Weekly Sensex has resistance at 16500-16750 and supports at 16000-15745.

Weekly Bank Nifty has resistance at 9300-9450 and supports at 8800-8650.

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Sterlite Industries (India) Ltd

LTP 113.50

View: PositiveOscillators Analysis: The RSI is positive crossover and is in oversold territory on weekly chart reading, which indicates positive sentiment

n stock momentum with good volume support.

Pattern Analysis: A clear lower bottom and lower top pattern and price crossover 5 day moving average and resistance zone at 122-132,

which indicates stock may upside till resistance level, is a confirmation of a trend in that direction.

Technical Analysis:

STER has bullish hammer candle stick formation on weekly chart with good volume support. Stock has uptrend till resistance 122-132 and

support at 110-107 levels, which is support zone. Weekly RSI has shown oversold and positive crossover into oversold territory which will

end to supports are reversal action if it occurs. The market tilt is bullish with the close above trend line support at 103 levels on weekly

chart basis. The next area of resistance is around 122-132, while 1st support hits at 111 and below there at 109. It is also heading towards

resistance zone at 130.

We recommended the stock on dips at 109-111 with stop loss at 102 (closing basis) for a target of Rs. 130.

Weekly Recommendations

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Sector & Company HighlightsAuto

Maruti Suzuki India will resume the full scale production from the Manesar plant from Monday, as the 33-day long standoff with

workers has ended. As per the agreement, workers agreed to sign the contentious good conduct bond laid down by the

management, while the company agreed to conditionally take back 18 trainees who were suspended.

Metal & Capital Goods

SAIL has sought gas allocation of 5 mn standard cubic metres per day (MSCMD) for its proposed 1,050 MW independent power

plant in Uttar Pradeshs Jagdishpur, near Amethi.

Coal Indiasaid its profitability would be eroded by about INR 20 bn per annum post enactment of new mines legislation which

mandates coal miners to share 26%of their profits with project affected people. If the profit of the company has to be maintained

it has to be done by increasing the prices of coal. Therefore, it is for the government, which is the major shareholder of the

company, to decide whether to go for price hike or not.

Jindal Steel& Power is examining about two dozen proposals to buypower projectsthat have acquired land and government

licences to accelerate expansion.

Leading engineering and Construction Company Punj Lloyd has bagged an engineering, procurement and construction (EPC)

contract to set up Qatars first plant for manufacture of polysilicon, the raw material used to build solar cells. The contract has

been awarded by Qatar Solar Technologies (QSTec) and is scheduled to be commissioned by mid-2013,

Banking

Moodys Investors Service downgraded State Bank of India, the countrys largest public sector banks financial strength rating

(BFSR), to D+ from C- on account of asset quality concerns and capital situation. According Moody, the non-performing assets

(NPA) are likely to continue rising in the near term and higher interest rates and a slower economy might weigh on the SBIs

profitability and its creditworthiness. The SBI reported a Tier 1 capital ratio of 7.6% as of 30 June 2011 which is below the 8% Tier

1 ratio that the government of India has committed for maintaining in public sector banks (PSB).

Pharma

Strides Arcolab has received the USFDA approval to market injectable Clindamycin USP, used in the treatment of bacterial

infections, in the American market.

Hindustan Unilever has entered the premium water purifier segment, three years after entering the market with its affordable

Pureit range, now the largest-selling water purifier in the country. The new product, Pureit Marvella RO (Reverse Osmosis), at

INR 13,500, is priced fifteen times more than the companys base product, Pureit Intella, which starts at INR 900.

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Mutual Fund Insights

Scheme Update

IDFC Mutual Fund has announced a change in the fund management

responsibilities of the following funds with effect from October 3, 2011.

Accordingly, Ms. Punam Sharma has been appointed as the fund manager for

IDFC Asset Allocation Fund of Fund (Conservative AA Plan, Moderate AA Plan

and Aggressive AA Plan), IDFC Nifty Fund, IDFC Capital Protection Oriented

Funds - Series I,II,III and IDFC Saving Scheme Series I and II. Further, Ms

Meenakshi Dawar shall be dedicated fund manager for foreign securities/

overseas investment of all equity schemes of IDFC Mutual Fund, IDFC Super

Saver Income Fund-Investment Plan, Short Term Plan, Medium Term Plan, IDFC

Dynamic Bond Fund, IDFC Cash Fund, IDFC Money Manager Fund-Investment

Plan, Treasury Plan and IDFC India GDP Growth Fund.

HSBC Mutual Fund has announced the appointment of Mr. Tushar Pradhan,

currently the Chief Investment Officer, as the fund manager for certain schemes

of the fund, with effect from September 29th September 2011. Mr. Pradhan will

continue to serve as the Chief Investment Officer of the Mutual Fund.

Accordingly, HSBC Equity Fund, HSBC Unique Opportunities Fund, HSBC India

Opportunities Fund and HSBC Dynamic Fund (Equity portion) will be jointly

managed by Mr. Tushar Pradhan and Mr. Jitendra Sriram. Further, Mr. NirenParekh will cease to act as the fund manager of the HSBC Emerging Markets and

HSBC Brazil Fund, with immediate effect

Source: Accord Fintech


Weekly Activity

Purchase Sales Net Purchase /Sales Purchase Sales Net Purchase /Sales

Mutual Fund Activity

5-Oct-11 5.28 4.24 1.04 55.56 41.41 14.15

4-Oct-11 5.59 6.54 -0.95 52.03 33.51 18.523-Oct-11 3.87 6.20 -2.33 84.16 38.03 46.13

FII Activity

7-Oct-11 20.27 29.96 -9.69 14.28 15.65 -1.38

5-Oct-11 20.80 30.46 -9.66 11.55 15.05 -3.50

4-Oct-11 16.40 24.22 -7.82 5.62 19.13 -13.51

3-Oct-11 61.94 65.04 -3.10 14.66 7.24 7.42

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

-10 0 10 20 30 40 50

3-Oct

4-Oct

5-Oct

MFTradingActivity(InBillions)

Debt Equity

-15 -10 -5 0 5 10

3-Oct

4-Oct

5-Oct

6-Oct

7-Oct

FIITradingActivity(InBillions)

Debt Equity

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New Fund Offers

Fund Opens Closes Structure Fund Manager Investment Objective Benchmark

DSPBR FMP -14-

12M(G)3-Oc t 10-Oc t

Close

endedMr. Dhawal Dalal

To seek to generate returns and capitalapprec iation by investing in a portfolio of debt and

money market securities. The Sc heme will invest

only in such securities which mature on or before

the date of maturity of the Scheme.

Crisil Liquid Fund

Index

Reliance FHF - XX -

15(G)5-Oc t 10-Oc t

Close

endedMr. Amit Tripathi

To seek to generate regular returns and growth of

capital by investing in a diversified portfolio of

Central and State Government securities and Other

fixed inco me/ debt securities maturing o n o r

before the date of maturity of the scheme with the

objective of limiting interest rate volatility.

Crisil Short-Term

Bond Fund Index

SBI DFS-90D-50(G) 3-Oc t 10-Oc tClose

ended

Mr. Rajeev

Radhakrishnan

To provide regular income, liquidity and returns

to the investors through investments in a portfolio

comprising of debt instruments such as

Government Sec urities, PSU & Corporate Bonds

and Money Market Instruments maturing on or

before the maturity of the scheme.

Crisil Liquid Fund

Index

Birla SL FTP-DQ(G) 3-Oc t 11-Oc tClose

endedMr. Kaustubh Gupta

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

portfolio of fixed inco me securities maturing on or

before the duration of the scheme.

Crisil Short-Term

Bond Fund Index

L&T MIP Wealth

Bulider Fund(G)27-Sep 11-Oct

Open

ended

Ms. Richa Sharma,

Mr. Anant Deep

Katare

To generate monthly inco me through investments

in a rang e o f De bt, Equity and Mo ne y M arke tInstruments. Income will be distributed only if the

same is earned by the Scheme and there can be no

assurance that the objective of the Sc heme will be

realized.

Crisil MIP Blended

Index

DSPBR FMP -15-

3M(G)7-Oc t 11-Oc t

Close

endedMr. Dhawal Dalal

To seek to generate returns and capital

apprec iation by investing in a portfolio of debt and

money market securities. The Sc heme will invest

only in such securities which mature on or before

the date of maturity of the Scheme.

Crisil Liquid Fund

Index

HDFC FMP-XIX -

24M-Sep 2011(1)(G)30-Sep 11-Oct

Close

endedMr. Miten Lathia

To generate income through investments in Debt

/ Money Market Instruments and Government

Se curities maturing on or before the maturity date

of the res pective Plan(s).

Crisil Short-Term

Bond Fund Index

Reliance FHF-XX -

32(G)3-Oc t 11-Oc t

Close



capital by investing in a diversified portfolio of


fixed inco me/ debt securities maturing o n o r



Crisil Short-Term

Bond Fund Index

HDFC FMP-XIX -

370D-Oct 2011(1)(G)3-Oc t 12-Oc t

Close

endedMr. Miten Lathia

To generate income through investments in Debt

/ Money Market Instruments and Government

Se curities maturing on or before the maturity date

of the res pective Plan(s).

Crisil Short-Term

Bond Fund Index

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HDFC FMP-XIX -370D-Sep 2011(1)(G)

3-Oct 12-Oct Closeended

Mr. Miten Lathia

To generate inco me through investments in Debt

/ Money Market Instruments and Gov ernmentSecurities maturing on or before the maturity date

of the respective Plan(s).

Crisil Short-TermBond Fund Index

IIFL Nifty ETF 28-Sep 12-OctOpen

endedMr. Manish Bandi

To provide returns (before fees and expenses) that

closely correspond to the total return of the S&P

CNX Nifty Index, subject to tracking errors.

However, there can be no assurance or guarantee

that the investment objective of the Sc heme

would be achieved.

S&P CNX Nifty

BNP Paribas FTF-22-

E(G) 29-Sep 13-Oct

Close

ended Mr. Alok Singh

To achieve growth of capital through investments

made in a basket of fi xed inco me securitiesmaturing on or before the maturity of the scheme.

Crisil Short-Term

Bond Fund Index

Reliance FHF - XX -

8(G)5-Oct 13-Oct

Close



capital by investing in a diversified portfolio o f


fixed inco me/ debt securities maturing on or



Crisil Short-Term

Bond Fund Index

DSPBR World

Agriculture - (G)30-Sep 14-Oct

Open

endedMr. Mehul Jani

To seek capital appreciation by investing

predominantly in units of BlackRock Global Funds

World Agriculture Fund (BGF - WAF). TheScheme may, at the discretion of the Investment

Manager, also invest in the units o f o ther similar

ove rseas mutual fund schemes, which may

constitute a significant part of its co rpus. The

Sc heme may also invest a certain portion of its

corpus in money market securities and/ or money

market/liquid schemes of DS P BlackRoc k Mutual

Fund, in order to meet liquidity requirements from

time to time.

DAX Global

Agribusiness Index

Axis Gold Fund(G) 30-Sep 14-Oct

Open

ended Mr. Anurag Mittal

To generate returns that close ly co rrespond to

returns generated by Axis Gold ETF. Gold-India

ICICI Pru FMP-57-3Yr

B(G)7-Oct 17-Oct

Close

ended

Mr. Chaitanya

Pande

To seek to generate regular returns by investing

in a portfolio of fixed inco me securities/debt

instruments maturing on or before the maturity of

the Plan under the Scheme. However, there can

be no assurance that the investment objective of

the Plans under the Scheme will be realized.

Crisil Composite

Bond Fund Index

DWS Hybrid FTF-

3(G) 4-Oct 18-Oct

Close

ended

Mr. Aniket Inamdar,

Mr. Nitish Gupta

To generate inco me by investing in high quality

fixed income securities maturing on or before the

date of the maturity of the scheme and g enerate

capital apprec iation by investing in e quity andequity related instruments There can be no

assurance that the investment o bjective of the

Scheme will be realized

Crisil MIP Blended

Index

8/3/2019 111008 - Weekly

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.





DWS FTF-91(G) 4-Oct 18-Oct

Close

ended

Mr. Kumaresh

Ramakrishnan

To generate inco me by investing in debt and

money market instruments maturing on or beforethe date of the maturity of the Scheme.

Crisil Short-Term

Bond Fund Index

HDFC Gold Fund(G) 7-Oct 21-OctOpen

endedMr. Anil Bamboli

To seek c apital apprec iation by inve sting in units

of HDFC Gold Exchange Traded Fund.Gold-India

Tata Retirement

Savings Fund

Conservative Plan(G)

7-Oct 21-OctOpen

ended

Mr. Bhupinder

Sethi, Mr.

Murthy Nagarajan

To provide a financial planning tool for long term

financial security for investorsbased on their

retirement planning goals.

Crisil MIP Blended

Index

Tata Retirement

Savings Fund

Moderate Plan(G)

7-Oct 21-OctOpen

ended

Mr. Bhupinder

Sethi, Mr.

Murthy Nagarajan




Crisil MIP Blended

Index

Tata Retirement

Savings Fund

Progresive Plan(G)

7-Oct 21-Oct Openended

Mr. Bhupinder

Sethi, Mr.

Murthy Nagarajan




Crisil MIP BlendedIndex

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NAV CAGR (In %)

Scheme Name (08 Oct 11) 1 Week 1 Month 1 Year Since Inception

ICICI Pru Dynamic(G) 94.11 -1.75 -4.30 -14.69 28.50 0.71 -0.01 1.82

Fidelity Equity(G) 32.14 -1.48 -4.05 -16.34 20.02 0.79 0.00 1.84

ICICI Pru Discovery(G) 41.96 -2.01 -6.07 -19.45 22.23 0.70 -0.03 1.92

Franklin India Bluechip(G) 194.92 -2.13 -3.82 -14.92 22.76 0.78 0.00 1.83

HDFC Top 200 Fund(G) 184.10 -1.85 -5.04 -19.15 21.27 0.88 -0.01 1.78

DSPBR Top 100 Equity-Reg(G) 89.85 -1.53 -4.65 -16.35 29.15 0.77 -0.01 1.85

Birla SL MIP(G) 26.92 -0.13 -0.25 3.02 9.52 0.11 -0.01 2.09

Reliance MIP(G) 21.73 -0.78 -0.91 0.34 10.52 0.34 -0.02 1.54HDFC MIP-LTP(G) 22.95 -0.90 -1.42 0.32 11.26 0.21 -0.02 1.52

HDFC Prudence(G) 199.14 -1.69 -4.54 -10.57 18.42 0.25 -0.07 1.80

HDFC Balanced(G) 54.03 -1.14 -3.59 -4.72 16.45 0.25 -0.04 2.11

Tata Balanced(G) 78.27 -1.25 -3.20 -9.94 15.90 0.35 -0.07 2.34

Category: Largecap

Category: Monthly Income Plans

Weekly Recommendations (Equity & Hybrid)

Absolute Return (In %)BETA ALPHA

Expense

Ratio

Category: Balanced Funds

Weekly Recommendations (Debt)

NAV CAGR (In %)

Scheme Name (08 Oct 11) 1 Week 1 Month 1 Year Since Inception

Category: Floating RateBirla SL FRF-LT(G) 176.35 0.19 0.78 8.64 7.03 8.78 120.45 116.80 0.14

DSPBR FRF-Reg(G) 16.42 0.20 0.73 8.08 6.07 0.00 244.55 222.65 0.82

LIC Nomura MF FRF-STP(G) 16.63 0.15 0.66 6.95 6.99 0.00 26.40 25.20 0.60

Category: Income - Long term

Birla SL Dynamic Bond-Ret(G) 17.12 -0.04 0.27 7.52 7.96 9.63 1569.50 1065.80 0.79

ICICI Pru Income-Reg(G) 31.93 -0.16 -0.15 4.69 9.15 9.43 2679.10 1744.70 2.13

DSPBR Govt. Se c(G) 33.58 -0.61 -0.87 2.68 10.60 0.00 2489.30 1668.05 1.24

Category: Income - Short term

Templeton India Low Duration Fund(G) 11.05 0.23 0.77 9.21 8.67 9.79 76.65 69.35 0.65

Templeton India Income Opportunity(G) 11.52 0.19 0.71 7.55 8.05 10.06 372.30 262.80 1.35UTI ST Income(G) 17.58 0.04 0.44 8.67 7.04 0.00 938.05 0.00 0.59

Category:Ultra Short Term Fund

Templeton I ndia Ultra-ST-Ret(G) 13.09 0.23 0.75 8.49 7.32 9.29 47.45 43.80 0.65

Kotak Floa ter-ST(G) 16.79 0.20 0.73 8.62 6.49 9.30 29.20 29.20 0.57

Tata Floater(G) 15.36 0.20 0.74 8.76 7.31 9.07 60.90 0.00 0.25

Category: Liquid

HDFC Cas h Mgmt-Savings(G) 21.43 0.19 0.71 8.36 6.59 0.00 25.00 23.00 0.41

IDFC Liquid-A(G) 1446.29 0.18 0.73 8.61 6.90 0.00 38.34 35.82 0.20

Tata Liquid-RIP(G) 2339.02 0.16 0.66 7.95 6.70 8.55 30.00 0.00 0.65

Expense

RatioYTM

Average

Maturity In

Modified

Duration in

Absolute Return (In %)

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.



Dividend Declaration


Scheme Name Category Record Date Gross Corporate Non-Corporate

Sundaram Flexible-ST(MD) Debt 4-Oct-11 0.49 0.36 0.43

Sundaram Flexible-ST-Inst(MD) Debt 4-Oct-11 0.55 0.41 0.48

Sundaram MIP-Mod(MD) Hybrid 7-Oct-11 0.50 0.38 0.44

Sundaram Money Fund(MD) Debt 4-Oct-11 0.49 0.41 0.43

Sundaram Money Fund-Inst(MD) Debt 4-Oct-11 0.58 0.49 0.51

Sundaram Ultra ST Fund(MD) Debt 4-Oct-11 0.57 0.43 0.50

Sundaram Ultra ST Fund-Inst(MD) Debt 4-Oct-11 0.67 0.50 0.58

Tata Treasury Mgr-HIP(MD) Debt 3-Oct-11 0.76 0.57 0.67

Tata Treasury Mgr-RIP(MD) Debt 3-Oct-11 0.73 0.55 0.64

Tata Treasury Mgr-SHIP(MD) Debt 3-Oct-11 0.79 0.59 0.69

UTI Liquid-Cash(MD) Debt 3-Oct-11 0.54 0.45 0.47

UTI Liquid-Cash-Inst(MD) Debt 3-Oct-11 0.69 0.58 0.61

UTI Treasury Advantage-Inst(MD) Debt 3-Oct-11 0.80 0.60 0.70

UTI Treasury Advantage-Reg(MD) Debt 3-Oct-11 0.70 0.53 0.62

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