Saturday, March 26, 2011

Headlines
(Global Economy) US Economy grew 3.1% in the 4th Quarter of 2010.

(Indian Economy) Govt. introduces Constitutional Amendment to pass the GST in Parliament.

(Economic Calendar)

(Global and Domestic Stock Markets)

(Derivative Analysis) Nifty Mar Futures closed at 5680.70

(Technical Analysis) Nifty Support levels are at at 5550-5500

(Weekly Recommendations) GVKPIL and TATA MOTORS

(Sector & Company Highlights)

(MF Industry update)

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 Saturday, March 26, 2011

Global Economy
The US Economy grew 3.1% in the 4th Quarter, a revision from the
previously reported 2.8%, led by a jump in consumer spending.
Previously owned home sales in the US dropped 9.6% to 4.88 mn on
an annual basis. 39% of these sales were distressed properties.
Purchase prices too declined 5.2% from a year earlier. For the
month of January, US home prices fell 3.9%. Mounting foreclosures
are depressing values and bloating sales property inventory. On
the employment front, jobless claims filed by Americans declined
by 5,000 to 382,000 in the week ended March 19.
Canada’s core inflation index rose 0.9% in February (YoY), after a
1.4% gain in January, keeping the pressure off the Bank of Canada
to resume interest rate increases.
UK consumer inflation rose 4.4% in February (YoY) after a 4%
increase in January. The Bank of England voted 6 – 3 to keep
interest rates on hold after weighing the impact of the Middle East
turmoil as well as the Japan earthquake. The Office for Budget
Responsibility predicts 2011 growth for the UK at 1.7%, down from
2.1% forecast in November. Ireland’s economy shrank 1.6%, the most
in a year, in the 4 th quarter of 2010 as consumer spending,
investments and exports declined. Consumer spending in Ireland
has declined 0.4%, exports fell 1.4% while investments dropped 2.3%.
Singapore’s inflation increased 5% in February, a 4.5%+ increase for
a third consecutive month as the cost of transportation, food and
housing climbed, sustaining pressure on the central bank to join
regional policy makers in damping inflation.
New Zealand’s economy expanded 0.2% in the 4th quarter of 2010
compared to a 0.2% contraction in the previous quarter.
Manufacturing expanded 2.5%, led by metals, machinery and food
& beverages. Exports increased 2.1% and investments increased
4.8%.

Global Economic Indicators (As on Mar 24, 2011)

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

GDP +2.8 +2 +2.2 +1.7 +9.8 +5 +5

Industrial Production +5.6 +6.6 +3.5 +4.4 +14.9 +2.5 +5.8
Consumer Price Index +2.1 +2.4 +0 +4.4 +4.9 +6 +9.6
Unemployment Rate 8.9 9.9 4.9 8.0 9.6 6.1 7.4
Current Account Balance % of GDP -3.4 -0.3 +3.3 -1.7 +4.1 -2.9 +4.8
Trade Balance -659.7 -6.7 +84.6 -148.9 +161.9 +21.7 +152.6
Source: Economist

Commodities and Currencies

Gold futures for April delivery closed at USD 1,426.20 an ounce on
the COMEX, up 0.7% this week after turmoil in Libya, radiation
leaks from Japan and Europe’s lingering debt crisis spurred demand
for an investment haven. Silver Futures for May delivery too jumped
5.7% this week to close at USD 37.049 an ounce on the COMEX.
Crude Oil for May delivery settled at USD 105.4 a barrel on the
NYMEX, a 3.5% rise for the week.
On the currency front, the Euro slumped against the USD as EU
leaders cut the startup capital for a program for future emergency
aid. The Euro fell 1% for the week to close at USD 1.4008.

Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd . . 2

 Saturday, March 26, 2011

Indian Economy
India’s foreign exchange reserves declined by USD 755 mn to USD
301.84 bn on the back of a reduction in foreign currency assets, a
significant component of foreign reserves.
Foreign currency assets declined by USD 705 mn for the week ended
March 11. Gold reserves were unchanged at USD 22.14 bn.
The tax revenue for 2010 – 11 has shown healthy growth till March 12
this year, which jumped around 26% over the corresponding period
last year. The government has revised the target of INR 3.15 tn for
indirect taxes to INR 3.36 tn. The government is targeting to maintain
the growth of tax revenue in the next 2011 – 12 financial year. Advance
tax paid by corporations has increased by 22% to INR 1.97 tn in the
2010 – 11 period. The companies paid INR 1.6 tn in the 2009 – 10
period.
The gap between Foreign Direct Investment (FDI) and the inflows
from Foreign Institutional Investors (FII) has grown to USD 14 bn in
2010 – 11. While FIIs invested USD 31.03 bn during April – January
2010 – 11, India received FDI of USD 17.08 bn during the same
period, a gap of about 45%. In 2009 – 10, the difference between
FDI and FII was only USD 1.9 bn. 14 FDI proposals, totaling INR
12.89 tn have been approved by the Government recently while it
deferred 27 proposals including that of Essar Capital Holdings and
Forbo Holding AG.
The government has introduced a Constitution Amendment Bill in
the Lok Sabha which seeks to pave the way for the Goods and
Services Tax (GST), which would subsume most of the indirect taxes
at the Centre and the States. The new tax is intended to remove
cascading of taxes and provide a common national market for
goods and services.
The food price index rose 10.05% and the fuel price index climbed
12.79% in the year to March 12. These figures stood at 9.42% and
12.79% respectively in the previous week.

Indian Debt Markets

11-year bonds completed a weekly gain, pushing yields to this year’s March quarter ends. The yield on the 8.08% August 2022 dropped
lowest level, on speculation banks are boosting holdings before the 7 bps to 8.03%.

Indian Currency Movement

The rupee completed its biggest weekly gain in more than a month convertible rupee advanced 1% this week at 44.675 per USD, the
after overseas funds boosted holdings of local shares. The partially most since February 18.

Headline Inflation by WPI (Feb’11) INR Exchange Rate (As on Mar 25, 2011)
Annualized Rate Annualized Rate Change Change
Current 1 Week 1 Year
(current) (last month) Weekly annual
Headline Inflation USD 44.65 45.09 -0.98% 45.49 -1.85%
8.31 8.23
(WPI) GBP 71.91 72.82 -1.25% 68.03 5.70%
Internals Euro 63.28 63.43 -0.24% 61.45 2.98%
Yen 55.14 55.19 -0.09% 50.28 9.67%
Primary products 14.79 17.28
Debt Market Yields
Fuel Power and
11.49 11.41 10 year Gilt 8.02
Lubricants
Manufactured 1 Year Gilt 7.48
4.94 3.75 Source; CCIL
goods
Source; CCIL, * New Series, ** Old Series.

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 Saturday, March 26, 2011

1500 Gold / Silver (Spot) 40 110 400

Crude Oil

(Million Barrels )
105 390
1400
35
100 380

1300 95 370
30
90 360

Price (USD)
Silver ($/OZ)
Gold ($/OZ)

1200

Inventory
25 85 350

1100 80 340

20 75 330
1000
70 320
15
900 65 310

60 300
800 10
Mar-10 Apr-10 Jun-10 Jul-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11
Mar-10 Apr-10 Jun-10 Jul-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11
Inventory Crude Oil
Silver Gold
1.55
Currencies 1.8 0.013 Currencies 1.05

1.5 1.75 0.0125 1

1.45
1.7
0.012 0.95
1.4
1.65
USD / EUR

USD / J PY

0.0115 0.9

USD / AUD
1.35
USD / GBP

1.6
1.3 0.011 0.85
1.55
1.25
0.0105 0.8
1.5
1.2
0.01 0.75
1.15 1.45

1.1 1.4 0.0095 0.7

Mar-10 Apr-10 Jun-10 Jul-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11 Mar-10 Apr-10 Jun-10 Jul-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11
USD / EUR USD / GBP USD / JPY USD / AUD

Economic Calendar
India US
Date Event Period Prior Date Event Period Prior
31-Mar Food Articles WPI YoY 19-Mar 10.05% 28-Mar Dallas Fed Manf. Activity MAR 17.5
31-Mar Fuel Power Light WPI YoY 19-Mar 12.79% 29-Mar Consumer Confidence MAR 70.4
31-Mar Primary Articles WPI YoY 19-Mar 13.53% 31-Mar Initial Jobless Claims 26-Mar 380K
31-Mar Current Account Balance 4Q -$15.8B 31-Mar Continuing Claims 19-Mar 3721K
1-Apr Exports YoY FEB 32.40% 31-Mar Chicago Purchasing Mgr. MAR 71.2
1-Apr Imports YoY FEB 13.10% 1-Apr Unemployment Rate MAR 8.9%
1-Apr ISM Manufacturing MAR 61.4

Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd . . 4

 Saturday, March 26, 2011

Key Indices Global Global and Domestic Stock Markets

% Change
Close
(week)
Global

Dow Jones 12,220.60 3.1% Global markets traded higher during the week. The Nasdaq, S&P 500, and the

NASDAQ 2,743.10 3.8% Dow Jones ended ~2-3% higher. European markets also closed positive on
strong global cues and positive economic data. Among Asian markets,
S&P 500 1,313.80 2.7%
Hangseng ended 3.8% up. Nikkei recovered and gained 3.6%. after Bank of
FTSE 5,900.80 3.2%
Japan poured money in the markets. In the commodities market, Crude traded
DAX 6,946.40 4.2%
above the $105 level, while Gold traded near $1428 level. In the US economy,
Hang Seng 23,158.70 3.8% housing construction fell by more than expected in February. Building permits
Nikkei-225 9,536.10 3.6% fell 8.2%, to a seasonally adjusted 517,000 units, the lowest recorded level.
Key Indices (Indian) February’s housing starts was the lowest. US Data to watch next week: Personal
% Change Spending, Personal Income, Pending Home Sales, Consumer Confidence, Initial
Indices Close
(week) Jobless Claims, Factory Orders.
BSE SENSEX 18,815.60 5.2%
NSE NIFTY 5,654.30 5.2% Domestic Performance of Sectoral Indices
BSE MIDCAP 6,721.60 3.3% The Indian bourses bounced back and gained heavily on strong DII and FII

BSE SMALL CAP 8,001.60 buying. Sensex and Nifty gained 5.2% each. BSE Midcap and Smallcap indices
2.6%
ended positive 3.3% and 2.6% respectively. Among the BSE sectoral indices,
Sectoral Indices
DLF (+13.2%), Ibreal Estate (+12.8%) ended positive, while Ranbaxy (-6.0%),
BSE AUTO 8,848.00 4.3%
Nalco (-6.0%) ended negative. Among the sectoral indices, Realty (+9.0%), Bankex
BSE METALS 15,842.70 3.7%
(+6.1%), IT (+5.74%), Teck (+5.62%), CG (+5.23%), Auto (+4.27%), Power (+4.1%),
BSE BANKEX 12,926.10 6.1% Metal (+3.71%) ended positive. Among the BSE-100 stocks, DLF (+13.2%),
BSE IT 6,344.60 5.7% IbrealEstate (+12.8%) gained, while Ranbaxy (-6.0%), Nalco (-6.0%) ended
Weekly Gainers (BSE 100) negative. DIIs and FIIs were net buyers in cash market. Data to watch next

DLF 248.6 13.2% week: Food Articles WPI YoY, Fuel Power Light WPI YoY, Primary Articles WPI
YoY, Current Account Balance.
Ibreal Estate 121.25 12.8%
Weekly Losers (BSE 100)
Outlook
Ranbaxy 440.55 -6.0%
Indian markets bounced back from the previous week’s lows and gained 5.2%
Nalco 101.1 -6.0%
over the week on strong FII and DII buying. Realty, Banking and IT sectors led
Weekly Turnover (in INR Bn) the gains. Midcap and Smallcap counters might see some buying action in the
BSE 171.2 coming week. Realty sector has seen some contra buying for the week. IT
NSE CASH 509.2 sector saw gains on the hope of recovery in US markets. Inflation and high

NSE F&O 6187.2 crude prices are still concern for the domestic markets. Next week being the
expiry week could see some volatility in selected counters. Short term support
Institutional Activity in INR Bn (Weekly)
for Nifty is 5400-5500. If Nifty is able to sustain above the 200dma levels, it can
Institutions Net Inflow
see the next upside level of 5900 in short term.
FII 22

DIIs 13.2

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 Saturday, March 26, 2011

Derivative Analysis Market Snapshot

OI Analysis
Call Option • Nifty March Futures closed at 5680.70 (Premium of 26.45 points over the
Put Option

12,000,000
Nifty spot)
• Open interest Nifty FUTIDX (Expiry 31 March): 18.50 mn.
10,000,000
• Open interest BankNifty FUTIDX (Expiry 31 March): 0.75 mn.
8,000,000
• India VIX for the week ended at 20.47, down 1.76 from previous week’s
OI

6,000,000 close (24.13). In the week VIX touched low of 18.83 and high of 26.59.
4,000,000

2,000,000
Weekly Open Interest Analysis (Nifty Option)
Across all expiries, open interest is highest at the 5500, 5600, 5700 call options,
-
while open interest in the put options is highest at 5400, 5300, 5200 strike
4800

4900

5000

5100

5200

5400

5600

5700

5800
5300

5500

prices, suggesting 5400-5700 to be the trading zone for Nifty index in short
Strike

Call Option
Change in OI
Put Option term.
3,000,000

2,000,000

1,000,000

0 Sector Wise OI Change:

4800

4900

5100

5200

5300

5500

5600

5700
5000

5400

5800

(1,000,000)
Banking, Pharma, IT, Cement, Capital Goods sectors saw positive open
OI-Change

(2,000,000)

interest change
(3,000,000)

(4,000,000)

(5,000,000)

(6,000,000) Top 5 Price Gainers

(7,000,000)

(8,000,000) SCRIPS % Change - Price %Change - Volume % Change

Strike
Cash Future Cash Future in OI
Cement HINDOILEXP 22.96% 22.79% 74.14% 225.28% 7.83%
CapitalGoods DCHL 20.35% 20.00% 220.25% 768.25% 30.15%
IT
HEXAWARE 17.61% 16.15% 417.17% 507.35% -0.91%
Pharma
Sec tors

Auto
IBREALEST 12.97% 13.01% 220.48% 139.40% -4.70%
Metal&Mining DLF 13.25% 12.71% 500.88% 228.52% 10.38%
Oil&Gas

Realty Top 5 Price Losers

Bank
SCRIPS % Change - Price %Change - Volume % Change
Power
Cash Future Cash Future in OI
350%
-100%

-50%

0%

50%

100%

150%

200%

250%

300%

400%

% Change in OI
RANBAXY -5.96% -5.40% 314.90% 17.67% 73.05%
NATIONALUM -6.87% -4.69% -57.09% -33.96% 0.98%
Nifty PC Ratio CENTRALBK -5.12% -4.39% -40.61% -10.68% 14.12%
1.25
ONMOBILE -4.91% -3.50% -88.36% -94.15% 35.08%
1.2
1.15 MCLEODRUSS -3.61% -3.48% -63.04% -67.62% 1.40%
1.1
1.05 Top 10 Volume Gainers
PCR

1
SCRIPS % Change in F&O % Change Volumes
0.95
0.9
Price Open Interest (Delivery Based)
0.85 GTL 0.16% 0.29% 13426.74%
0.8 RUCHISOYA 5.30% 11.44% 3058.36%
22-Mar

23-Mar
21-Mar

24-Mar

25-Mar

Date
MOSERBAER 10.49% 69.32% 2990.59%
3IINFOTECH 6.34% 20.50% 2034.28%
PIRHEALTH 3.59% 35.99% 1320.74%
FINANTECH 9.26% 6.02% 1096.29%
BRFL 4.52% 11.94% 1025.72%
DCHL 20.35% 30.15% 768.25%
IRB 7.09% -1.66% 693.54%
NTPC 4.96% 5.77% 670.84%

Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd . . 6

 Saturday, March 26, 2011

Technical Analysis

(Source: Iris)

Conclusion
Last week Nifty shut on a positive note @ 5654.25, up by 280.55 points from the previous week's close. Technically Nifty on weekly chart
has formed bullish candle stick, which shows sideways to positive sentiment and sideways to higher levels are possible in coming
sessions. Nifty spot on weekly has opened at 5408.75 and made a low of 5348.20 and made high of 5667.10 and then finally closed green
at 5654.25. Stochastics and the RSI are slightly oversold signaling that buy pressure at support levels are possible short-term. The close
under the 200 day moving average (5690) indicates the short term trend could be turning down. Stochastics trending lower at midrange
will tend to reinforce a move higher especially if support levels are taken out. The market setup is somewhat sideways to positive with
the close above the 50 week SMA resistance at 5580. The next area of resistance is around 5800-5900. So Nifty appears to be sideways
to positive on weekly chart having supports at 5550-5500 levels. For short term trading long positions, stop loss of 5470 is advisable.
Weekly Nifty has resistance at 5800-5900 and supports at 5550-5500.
Weekly Bank Nifty has resistance at 11655-11790 and supports at 11140-10875.

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Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd . 7
 Saturday, March 26, 2011

Weekly Recommendations

GVKPIL.
LTP 26.00.
View: Positive
Oscillators Analysis: Stocastics and RSI are positive crossover and are in oversold territory on daily chart reading, which indicate positive
sentiment in stock momentum with volume support.
Pattern Analysis: A clear breakout downward triangle pattern and breakout at 25.50, which indicates stock upside is a confirmation of a
trend in that direction.
Technical Analysis: GVKPIL has bullish engulfing candle stick (bullish pattern) on weekly chart with good volume support. Weekly RSI has
fallen into oversold territory which will tend to support reversal action if it occurs. . The market tilt is positive with the close above 20-day
moving average on daily chart basis. The next area of resistance is around 30.00 and 33.00, while 1st support hits at 25.50 and below there
at 25.00. It is also heading towards Fibonacci retracement of 23.60% at 30.00 levels.
We recommended the stock market price and on declines around 25.50 with stop loss at 23.80(closing basis) for a target of Rs. 30.00-33.00.

Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd . . 8

 Saturday, March 26, 2011

TATA MOTORS LTD

LTP 1183.85.
View: Positive
Oscillators Analysis: MACD, Stocastics and RSI are positive crossover and are in oversold territory on daily chart reading, which indicate
positive sentiment in stock momentum.
Pattern Analysis: A clear symmetrical triangle pattern(bullish trend) and breakout at 1150.00, which indicates stock upside is a confirmation
of a trend in that direction.
Technical Analysis: On daily chart Tata Motors Ltd has bullish symmetrical triangle pattern which indicates positive sentiment in short
term trading and strong buying pressure around previous multiple support zone around Rs.1155-1162, we expect the momentum to
continue till 1255 on the upside. Any correction should see in stock price around supports , which should be used as a buying opportunity
for the potential upside target 1255.
We recommended the stock at market and on declines 1160 with stop loss at 1140(on closing basis) for a target of Rs. 1255.

Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd . .. 9

 Saturday, March 26, 2011
-7- Sector & Company Highlights
Capital Goods and Infrastructure
• Madhucon Projects has received road project from NHAI on Annuity basis (163.50 km in Jharkhand) valued at INR 15 bn. Positive, as it
improves the revenue visibility of the company.
• Patel Engineering has secured a contract worth INR 1.6 bn (73.8 km Tinthini Kalmala Road upgradation project in the state of Karnataka
from Public Works, Ports, & Inland Water Transport Department. The project is to be completed over 2.5 years. Positive, as it improves
the revenue visibility of the company.
• BHEL has won an order in a consortium with ABB from Indian state-run Power Grid for a power transmission link. The project value for
BHEL is INR 15.9 bn. Positive, as it improves the revenue visibility of the company.

Information Technology
• Tata Consultancy Services Ltd. (TCS) has announced plans to ramp up its customer base for its “iON” product meant for small and
medium businesses to more than 1,000 by the end of current year. The company has also bagged a contract from Shanghai Rural
Commercial Bank for its banking software technology solution.
• Mahindra Satyam Ltd. has been issued an INR 6.17 bn tax notice by the Central Board of Direct Taxes (CBDT). This development could
put pressure on the company’s bottom-line if it goes through as the company has only recently reported a profit since late 2008.
• Acropetal Technologies Ltd. has entered into a definitive agreement to acquire two US-based companies LineBeyondInc and Optech
Consulting Inc. at a cost of USD 4.9 mn each. The acquisitions are part of the IPO objectives of the company although it remains to be
seen how this development adds to the company’s profits.

Logistics
• Great Eastern Shipping (GE Shipping) has deployed part of the cash generated from their traditional shipping business to expand their
offshore business with Singapore as the hub for global operations. GE Shipping has invested INR 4.5 bn in February to acquire two jack-
up rigs and expand its subsea operations.
• Mundra Port and Special Economic Zone (MPSEZ), has secured a bid to develop a coal import terminal at Visakhapatnam. The terminal
will be built at cost of over INR 3 bn. This marks the entry of MPSEZ on the eastern coast of the India.

Media
• Buoyed by increasing media intake and strong recovery in advertising spending, the Indian Media & Entertainment industry is expected
to grow at a CAGR of 14% to touch USD 28 bn by 2015.
• Reliance Broadcast Network Ltd. (RBNL) will spend over INR 100 mn on promotion and marketing to support the launch of its new
English lifestyle channel – Big CBS Love.
• Eros International Media Ltd. is eyeing 35% growth in its bottom-line for FY12 as it will focus more on profitability than top line.

Power & Power Equipment

• Australia-based solar power company Sunengy has entered into a partnership with Tata Power that will allow it to build a pilot plant for
its low-cost, floating on water, solar technology in India by the end of this year.
• Reliance Power and Tata Power-SN Power joint venture have been allotted hydropower projects in Himachal Pradesh. Reliance Power
has got five out of the 18 projects for which global bids were invited by the state.

Telecom
• TDSAT has stayed the INR 500 mn penalty imposed by the DoT on Idea Cellular for violating license conditions by merging the firm with
Spice Telecom.
• Bharti Airtel Ltd. has no immediate plans for an IPO of its telecom towers unit.
Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd . . 10
 Saturday, March 26, 2011

Mutual Fund Insights

MFTrading Activity ( In Billions)
Scheme Update

Ø LIC Mutual Fund Infrastructure Fund which was launched as a 36 month, close 23-Mar
ended equity scheme is being converted into an open ended equity scheme with
effect from 24 March 2011. Pursuant to the conversion into open ended equity 22-Mar
scheme, the following changes will come into effect. The exit load charge will be
1% if exited within 1 year from the date of allotment of units and nil if exited after 21-Mar
1 year from the date of allotment of units. The minimum investment amount will
-5 0 5 10 15 20 25
be Rs 2000 and thereafter in multiples of Rs 1 except in case of SIP where the Debt Equity

minimum amount would be Rs 100. FII Trading Activity ( In Billions)

Ø Mutual Fund (MFs) made investments worth Rs 532.70 crore and sold off Rs
25-Mar
300.40 crore worth of equities on March 23, 2011, according to data released by
24-Mar
the Securities and Exchange Board of India (SEBI). Thus, MFs stood as net buyers
of Rs 232.30 crore in equities on that day. In the month of March, MFs have made 23-Mar

total investments of Rs 6880.9004 crore and sold off Rs 6366.4 crore worth of 22-Mar
equities, so far. 21-Mar

-15 -10 -5 0 5 10
Debt Equity
Source: Accord Fintech

Weekly Activity
Equity (INR in Bn) Debt (INR in Bn)
Date
Purchase Sales Net Purchase /Sales Purchase Sales Net Purchase /Sales
Mutual Fund Activity
23-Mar-11 5.33 3.00 2.32 24.96 17.44 7.52
22-Mar-11 3.19 3.22 -0.02 30.01 18.68 11.33
21-Mar-11 1.84 4.41 -2.58 36.19 14.21 21.98

FII Activity
25-Mar-11 21.68 18.22 3.46 23.57 19.21 4.36
24-Mar-11 19.32 15.38 3.93 20.04 17.67 2.38
23-Mar-11 15.40 12.27 3.13 14.31 25.25 -10.95
22-Mar-11 12.69 13.37 -0.68 1.82 6.89 -5.07
21-Mar-11 20.86 25.41 -4.55 4.02 4.69 -0.67
Source: Accord Fintech

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 Saturday, March 26, 2011

New Fund Offers

Fund Opens Closes Structure Fund Manager Investment Objective Benchmark
To seek capital appreciation by investing in a
portfolio of debt and money market securities.

Close The Scheme will invest only in such securities

DSPBR FMP 3M-33- Crisil Liquid
25-Mar 28-Mar ended Mr. Dhawal Dalal which mature on or before the date of maturity
(G) Fund Index
of the Schemes. The Schemes may also use fixed
income derivatives for hedging and portfolio
balancing.
To seek capital appreciation by investing in a
portfolio of debt and money market securities.

Close The Scheme will invest only in such securities

DSPBR FMP 12M-18- Crisil Short-Term
25-Mar 28-Mar ended Mr. Dhawal Dalal which mature on or before the date of maturity
(G) Bond Fund Index
of the Schemes. The Schemes may also use fixed
income derivatives for hedging and portfolio
balancing.
To generate income through investments in Debt
Close Mr. Shobhit / Money Market Instruments and Government Crisil Short-Term
HDFC FMP-XVI-
22-Mar 28-Mar ended Mehrotra / Mr.
370D-Mar 2011(5)-(G) Securities maturing on or before the maturity Bond Fund Index
Miten Lathia
date of the respective Plan(s).
To generate regular returns by investing in a
Close
ICICI Pru FMP-55- Mr. Chaitanya portfolio of fixed income securities/ debt Crisil Composite
23-Mar 28-Mar ended
13M-B-(G) Pande instruments maturing on or before the maturity Bond Fund Index
of the Plan under the Scheme.
To provide reasonable returns, commensurate

Close with moderate level of risk, through a portfolio

Mr. Mahendra Crisil Short-Term
Pramerica FDF-II(G) 24-Mar 28-Mar ended constituted of money market and debt
Kumar Jajoo Bond Fund Index
instruments which mature on or before the date
of the maturity of each series of the Scheme.
To build an income oriented portfolio and
Close
Principal Pnb FMP- generate returns through investment in Crisil Short-Term
23-Mar 28-Mar ended Mr. Shobit Gupta
2(G) Debt/Money Market Instruments and Bond Fund Index
Government Securities.
To provide regular income, liquidity and returns
to the investors through investments in a
Close
Mr. Rajeev portfolio comprising of debt instruments such as Crisil Liquid
SBI DFS 90D-42(G) 25-Mar 28-Mar ended
Radhakrishnan Government Securities, PSU & Corporate Bonds Fund Index

and Money Market Instruments maturing on or

before the maturity of the scheme.
To generate regular returns by investing in a
Close portfolio of fixed income securities/
debt Crisil Short-Term
ICICI Pru FMP-56-1Y- Mr. Chaitanya
16-Mar 28-Mar ended
C(G) Pande instruments maturing on or before the maturity Bond Fund Index

of the Plan under the Scheme Respective plan.

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 Saturday, March 26, 2011

Fund Opens Closes Structure Fund Manager Investment Objective Benchmark

To generate income and capital appreciation by
investing predominantly in sovereign securities
Open
Daiwa Govt Sec- issued by the Central Government (including
25-Mar 30-Mar ended Mr. Killol Pandya I-Sec Si-BEX
STP(G) Treasury Bills) and/or by State Governments,
with maximum average portfolio maturity of less
than three years.
To achieve growth of capital through
Close
BNP Paribas FTF-21- investments made in a basket of fixed income Crisil Short-Term
18-Mar 31-Mar ended Mr. Alok Singh
I(G) securities maturing on or before the maturity of Bond Fund Index
the scheme.
Source: Accord Fintech

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 Saturday, March 26, 2011

Weekly Recommendations (Equity & Hybrid)

NAV Absolute Return (In %) CAGR (In %)
Expense
BETA ALPHA
Scheme Name (26 Mar 11) 1 Week 1 Month 1 Year Since Inception Ratio

ICICI Pru Dynamic(G) 107.01 4.10 4.88 12.73 32.59 1.41 -0.03 1.85
Fidelity Equity(G) 35.38 3.88 5.75 14.97 24.06 1.15 -0.04 1.85
ICICI Pru Discovery(G) 46.60 2.87 3.51 10.27 26.22 1.07 -0.02 1.94
Category: Largecap
Franklin India Bluechip(G) 214.14 4.10 5.75 10.24 25.53 1.19 -0.02 1.84
Principal Large Cap(G) 28.13 4.22 5.32 8.65 21.24 1.13 -0.01 2.28
DSPBR Top 100 Equity-Reg(G) 99.25 3.49 5.41 8.41 33.01 1.16 -0.01 1.86
Category: Monthly Income Plans
Birla SL MIP(G) 26.38 0.87 1.60 6.37 9.83 0.02 0.01 2.09
ICICI Pru Child Care Plan-Study Plan 29.18 1.26 1.93 10.06 11.84 -0.03 0.01 1.50
Tata MIP Plus(G) 15.85 0.90 1.25 5.58 6.78 0.04 0.01 2.00
Category: Balanced Funds
Birla SL '95(G) 307.22 3.11 4.41 11.49 23.69 0.00 0.01 2.33
DSPBR Balanced(G) 64.82 3.04 4.48 8.92 17.11 0.00 0.01 2.08
Tata Balanced(G) 80.52 3.14 4.56 5.78 16.71 0.00 0.01 2.50

Weekly Recommendations (Debt)

NAV Absolute Return (In %) CAGR Average
(In %) Modified
Expense
YTM Maturity In Duration in
Scheme Name (26 Mar 11) 1 Week 1 Month 1 Year Since Inception Ratio
Days Days
Category: Floating Rate
Birla SL FRF-LT(G) 16.79 0.16 0.63 6.49 6.87 8.15 21.90 21.90 0.16
Reliance FRF ST(G) 15.68 0.12 0.59 6.04 5.88 0.00 51.10 47.45 0.62
LICMF FRF-STP(G) 15.99 0.16 0.59 5.84 6.94 0.00 12.12 11.52 0.64
Category: Income - Long term
Birla SL Dynamic Bond-Ret(G) 16.31 0.25 0.75 5.32 7.83 10.30 456.25 452.60 0.98
ICICI Pru Income-Reg(G) 31.01 0.29 0.84 3.83 9.27 9.54 1051.20 784.75 2.10
DSPBR Govt. Sec(G) 33.55 0.32 1.10 5.84 11.11 0.00 3504.00 2003.85 1.22
Category: Income - Short term
Kotak Bond-STP(G) 18.39 0.14 0.63 3.74 7.08 9.50 405.15 332.15 1.41
Templeton India ST Income(G) 1946.36 0.12 0.68 5.50 7.55 10.61 474.50 248.20 1.30
UTI ST Income(G) 16.59 0.10 0.54 5.60 15.21 0.00 675.25 0.00 0.50
Category:Ultra Short Term Fund
Templeton India Ultra-ST-Ret(G) 12.49 0.17 0.66 6.46 7.03 9.09 32.85 32.85 0.65
Kotak Floater-ST(G) 16.02 0.17 0.66 6.27 6.31 8.60 18.25 21.90 0.40
Tata Floater(G) 14.64 0.17 0.68 6.72 7.11 8.64 14.16 0.00 0.25
Category: Liquid
Templeton India TMA-Reg(G) 2400.48 0.15 0.59 5.96 7.02 8.53 29.20 29.20 0.85
SBI Magnum InstaCash-Cash(G) 21.74 0.16 0.62 6.46 6.77 8.20 21.90 21.90 0.28
Tata Liquid-RIP(G) 2238.46 0.16 0.60 6.01 6.62 8.18 9.48 0.00 0.63
Source: Accord Fintech

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 Saturday, March 26, 2011

Dividend Declaration
Scheme Name Category Record Date Gross Corporate Non-Corporate
DWS FTF-71-Reg(D) Debt 28-Mar-11 1.50 1.50 1.50
DWS FTF-73-Reg(D) Debt 28-Mar-11 1.50 1.50 1.50
DWS FTF-76-(D) Debt 28-Mar-11 1.50 1.50 1.50
DWS FTF-77(D) Debt 28-Mar-11 1.00 1.00 1.00
ICICI Pru Blended-A-Reg(D) Hybrid 28-Mar-11 1.00 1.00 1.00
ICICI Pru FMP-45-3Y-Inst(D) Debt 28-Mar-11 2.02 2.02 2.02
ICICI Pru FMP-45-3Y-Ret(D) Debt 28-Mar-11 2.01 2.01 2.01
ICICI Pru FMP-48-3Y-A-Inst(D) Debt 28-Mar-11 2.12 2.12 2.12
ICICI Pru FMP-48-3Y-A-Ret(D) Debt 28-Mar-11 2.12 2.12 2.12
ICICI Pru FMP-48-3Y-B-Ret(D) Debt 28-Mar-11 1.67 1.67 1.67
ICICI Pru FMP-49-3Y-A-Inst(D) Debt 28-Mar-11 1.60 1.60 1.60
ICICI Pru FMP-49-3Y-A-Ret(D) Debt 28-Mar-11 1.66 1.66 1.66
ICICI Pru FMP-51-3Y-F-Ret(D) Debt 28-Mar-11 1.66 1.66 1.66
ICICI Pru FMP-53-6M-A(D) Debt 28-Mar-11 1.55 1.55 1.55
ICICI Pru FMP-55-1Y-A(D) Debt 28-Mar-11 1.02 1.02 1.02
ICICI Pru FMP-55-1Y-C(D) Debt 28-Mar-11 0.80 0.80 0.80
ICICI Pru Regular Savings(HD) Debt 28-Mar-11 1.89 1.89 1.89
ICICI Pru Regular Savings(QD) Debt 28-Mar-11 1.89 1.89 1.89
SBI Magnum Balanced(D) Hybrid 28-Mar-11 22.00 22.00 22.00
SBI Magnum Emerging Businesses(D) Equity 28-Mar-11 25.00 25.00 25.00
ICICI Pru FMCG(D) Equity 29-Mar-11 20.00 20.00 20.00
ICICI Pru FMP-51-13M-C-Ret(D) Debt 29-Mar-11 0.51 0.51 0.51
ICICI Pru FMP-51-14M-D-Ret(D) Debt 29-Mar-11 0.51 0.51 0.51
ICICI Pru FMP-51-1Y-B(D) Debt 29-Mar-11 0.51 0.51 0.51
ICICI Pru FMP-53-1Y-C(D) Debt 29-Mar-11 1.98 1.98 1.98
ICICI Pru FMP-53-1Y-F(D) Debt 29-Mar-11 1.32 1.32 1.32
ICICI Pru Qrtly Inv II-F-Inst(D) Debt 29-Mar-11 2.05 2.05 2.05
ICICI Pru Qrtly Inv II-F-Ret(D) Debt 29-Mar-11 2.01 2.01 2.01
IDFC Premier Equity-A(D) Equity 29-Mar-11 24.00 24.00 24.00
IDFC Premier Equity-B(D) Equity 29-Mar-11 20.00 20.00 20.00
ING Gilt-PF-Dynamic(HD) Debt 29-Mar-11 2.57 2.57 2.57
ING Gilt-PF-Dynamic(YD) Debt 29-Mar-11 5.09 5.09 5.09
ING Income-Ret(AD) Debt 29-Mar-11 4.57 4.57 4.57
ING Income-Ret(HD) Debt 29-Mar-11 2.31 2.31 2.31
ING Income-Ret(QD) Debt 29-Mar-11 1.27 1.27 1.27
ING MIP(HD) Hybrid 29-Mar-11 0.97 0.97 0.97
ING MIP(YD) Hybrid 29-Mar-11 1.19 1.19 1.19
ING Treasury Advantage-Reg(QD) Debt 29-Mar-11 1.36 1.36 1.36
Religare FMP- IV B-6M(D) Debt 29-Mar-11 2.23 1.82 1.95
Religare FMP-IV-F-368D(D) Debt 29-Mar-11 1.27 1.04 1.12
Religare FMP-V-A-368D(D) Debt 29-Mar-11 0.98 0.80 0.86
Religare FMP-V-C-3M(D) Debt 29-Mar-11 1.09 0.89 0.96
Religare FMP-V-F-91D(D) Debt 29-Mar-11 0.61 0.50 0.53
Tata FIPF B2-Inst(QD) Debt 29-Mar-11 0.46 0.46 0.46
UTI Bond(D) Debt 29-Mar-11 1.25 1.25 1.25
UTI Treasury Advantage-Reg(QD) Debt 29-Mar-11 2.00 2.00 2.00

..
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 Saturday, March 26, 2011

Scheme Name Category Record Date Gross Corporate Non-Corporate

Birla SL Dynamic Bond-Ret(QD) Debt 30-Mar-11 1.53 1.53 1.53
Birla SL Monthly Income(QD) Hybrid 30-Mar-11 1.80 1.80 1.80
ICICI Pru Discovery(D) Equity 30-Mar-11 15.00 15.00 15.00
IDFC All Seasons Bond(HD) Debt 30-Mar-11 4.60 4.60 4.60
IDFC FMP - 18M -7(D) Debt 30-Mar-11 1.98 1.98 1.98
IDFC FMP-100D-1(D) Debt 30-Mar-11 1.17 1.17 1.17
IDFC FMP-100D-2(D) Debt 30-Mar-11 0.30 0.30 0.30
IDFC FMP-13M-5(D) Debt 30-Mar-11 6.16 6.16 6.16
IDFC FMP-14M-1(D) Debt 30-Mar-11 7.04 7.04 7.04
IDFC FMP-16M-3(D) Debt 30-Mar-11 0.74 0.74 0.74
IDFC FMP-36M-2(D) Debt 30-Mar-11 1.13 1.13 1.13
IDFC FMP-HD-12(D) Debt 30-Mar-11 2.21 2.21 2.21
IDFC FMP-MS-28(D) Debt 30-Mar-11 0.29 0.29 0.29
IDFC FMP-MS-29(D) Debt 30-Mar-11 0.11 0.11 0.11
IDFC FMP-QS-62(D) Debt 30-Mar-11 1.44 1.44 1.44
IDFC FMP-QS-63(D) Debt 30-Mar-11 0.4 0.4 0.4
IDFC FMP-YS-32-Reg(D) Debt 30-Mar-11 1.83 1.83 1.83
IDFC FMP-YS-33-(D) Debt 30-Mar-11 2.01 2.01 2.01
IDFC FMP-YS-34-(D) Debt 30-Mar-11 1.80 1.80 1.80
IDFC FMP-YS-35-(D) Debt 30-Mar-11 1.33 1.33 1.33
IDFC FMP-YS-36-(D) Debt 30-Mar-11 1.09 1.09 1.09
IDFC FMP-YS-37-(D) Debt 30-Mar-11 0.86 0.86 0.86
IDFC FMP-YS-38-(D) Debt 30-Mar-11 0.73 0.73 0.73
IDFC FMP-YS-39-(D) Debt 30-Mar-11 0.39 0.39 0.39
IDFC FMP-YS-40-(D) Debt 30-Mar-11 0.18 0.18 0.18
IDFC FMP-YS-41-(D) Debt 30-Mar-11 0.08 0.08 0.08
IDFC Hybrid PF-1(D) Hybrid 30-Mar-11 3.50 3.50 3.50
IDFC Money Mgr-IP-Reg(QD) Debt 30-Mar-11 1.41 1.41 1.41
IDFC SSIF-Invest-Reg(HD) Debt 30-Mar-11 1.51 1.51 1.51
Religare Tax Plan(D) Equity 30-Mar-11 7.50 7.50 7.50
Source: Accord Fintech

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 Saturday, March 26, 2011

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