Mutual

Funds Debt
Schemes
Rochit Rajvanshi
( 2009195 )
Rani Treasa Joseph
( 2009209 )
Revati Naik ( 2009211 )
Rijo Jacob Abraham
( 2009214 )
Siddharth Seran ( 2009237 )
Smritti Bansal ( 2009243 )
Ruchika Puri ( 2009252 )
Prakhar Chawla ( 2009225 )
Shalini Singh ( 2009239 )
Shashiraj ( 2009244 )
 MUTUAL FUNDS
• A trust that pools the savings of a number of
investors who share a common financial goal.

• The most suitable investment for the common

man as it offers an opportunity to invest in
a diversified, professionally managed basket
of securities at a relatively low cost.
OPERATION OF A MUTUAL
FUND
 TYPES OF MUTUAL FUNDS
Open - ended Fund /
 Available for subscription and repurchase on a continuous basis.
Scheme

Closed - ended Fund / Scheme Have a pre-specified maturity period.

MIPs - Gets benefit of both equity and debt market.

Meant for investment horizon for three to six months.

Short Term Plans ( STPs )-  

Liquid
Meant for
Funds
short
: -term cash management of corporate houses and for an investment horizon of 1d

Invest
Balanced
in both
Funds
equities
- and fixed income securities, in line with pre-defined investment object
Five Phases development of MF
sector
Estimated that by 2010 March-end assets of all scheduled commercial banks  will reach

UTIestablished
UTI was got bifurcated
, :
First Specific Undertaking
scheme (1964 ) Of the UTI & Other sponsored by SBI, PNB, BOB and LIC registered with SEBI.

Entry of private sector funds

First Mutual Fund Regulation
Growth and Consolidation
Several merges and acquisitions took
Entry of non-UTI mutual funds place recently
Many international players have entered

India
10 Mutual
Fund Debt
schemes
1. CANARA ROBECO INCOME SCHEME-GROWTH

 Objective : The primary objective is to generate income

through investment in Debt and Money Market Securities
of different maturity and issuers of different risk
profiles.


 Features :
§ Type of Scheme : Open Ended
§ Expense Ratio (%): 2.07
§ Increase / Decrease in Fund Size since Sept 30 , 2009 ( Rs in
Crores ): -20.33
§ Risk and return :
§ Scheme performance (%) as on dec 3 , 2009 , 3 years : 14
§ Risk - Mean : 0.56
§ Portfolio : No of Stocks : 4
•
•
 Sector Allocation

Current Sovereign NBFC HFC

58 .26
Assets 22.14 6.61 4.54
 2. BIRLA SUN LIFE MIP – SAVINGS 5
-GROWTH

 Objective : The scheme aims at long term capital

appreciation by investing in a judicious mix of highly
quality fixed income securities and small portion in
equity.


 Features :
§ Type of Scheme : Open Ended
§ Inception Date : May 1,2004
§ Expense Ratio (%): 2.1
§ Increase / Decrease in Fund Size since Sept 30 , 2009 ( Rs in
Crores ): 414.17
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3
YEARS : 12.37
§ Risk - Mean : 0.35
§ Portfolio : No of Stocks : 56
 Sector Allocation

Bank Sovereign Current FI

37.65 22.51 Assets
17.92 11.5
3. HDFC MONTHLY INCOME PLAN-LONG TERM PLAN
-GROWTH

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.
•
Features :


§ Type of Scheme : Open ended

§ Inception Date : Dec 26,2003
§ Expense Ratio (%): 1.77
§ Increase / Decrease in Fund Size since Sept 30 , 2009 ( Rs in
Crores ): 683.01
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3
 Sector Allocation

FI HFC Current Banks Sovereign

20.9 11.81 Assets
10.96 10.8 10.15
 4. RELIANCE MONTHLY INCOME PLAN-
GROWTH

 Objective : The primary objective of the scheme is to

generate regular income in order to make regular dividend
payments to unit holders with the secondary objective of
growth in capital.
•
 Features :
§ Type of Scheme : Open Ended
§ Inception Date :
§ Expense Ratio (%): 1.89
§ Increase / Decrease in Fund Size since Sept 30 , 2009 ( Rs in
Crores ): 567.67
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3
YEARS : 12.84
§ Risk - Mean : 0.43
 Sector Allocation

Sovereign Banks FI HFC

20.03 17.89 15.66 10.39
 5. PRINCIPAL MONTHLY INCOME PLAN PLUS-
GROWTH

Objective : The scheme aims to generate regular income



through investments in fixed income securities so as to

make periodical income distribution to the unit holders
and also to generate long-term capital appreciation by
investing a portion of the schemes assets in equity and
equity related instruments.
•
Features :


§ Type of Scheme : Open Ended

§ Inception Date : Dec 30,2003
§ Expense Ratio (%): 2.25
§ Increase / Decrease in Fund Size since Sept 30 , 2009 ( Rs in Crores ):
7.4
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3
 Sector Allocation

Sovereign Current FI Banks

21.76 17 .23
Assets 17 10.6
 6.DBS CHOLA MONTHLY INCOME
PLAN

Objective : To generate Income through investments in a



range of Debt, Equity and Money Market Instruments.

•
Features :


§ Type of Scheme : Open ended 

§ Inception Date : 31-July-03 
§ Expense ratio (%): 2.25 
§ Increase / Decrease in Fund Size since Sep 30 , 2009 ( Rs . in crores ):
0.18
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3 Years
 Sector Allocation

Banks Current Auto & Engineering

Assets ancillaries & capital
20.84 16.46 .83 Goods
.43
 7.CANARA ROBECO INCOME PLAN-GROWTH

Objective : To generate income by investing in a wide range of debt



securities and Money Market Instruments of various maturities and

risk profile and a small portion of investment in equities and
equity related instruments.

•
Features :


§ Type of Scheme : Open-Ended

§ Inception Date : 4-apr-88 
§ Expense ratio (%): 2.5
§ Increase / Decrease in Fund Size since Sep 30 , 2009 ( Rs . in crores ):
34.59
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3
Years : 11.42
 Sector Allocation

Banks Sovereign Petroleum, NBFC

Gas and
petrochemica
35.03 18.18 15.9
l products 11.53
 8.FORTIS FLEXI DEBT FUND-
GROWTH

Objective : To generate income through investments in



a range of debt and money market instruments of

various maturities with a view to maximize income
while maintaining an optimum balance between yield,
liquidity and safety.
Features :


§ Type of Scheme : Open ended

§ Inception Date : 23-sep-04 
§ Expense ratio (%): 2.06
§ Increase / Decrease in Fund Size since Sep 30 , 2009 ( Rs . in
crores ): 21.06
 Sector Allocation

Banks NBFC Current Pharmaceutical& HFC

Assets Biotechnology

42.85 28.93 14.78 4.92 4.92

9.ICICI PRUDENTIAL INCOME FUND-
GROWTH

Objective : Aims at maximizing income while maintaining



optimum balance of yield, safety and liquidity



Features :


§ Type of Scheme : Open ended

§ Inception Date : 9-jul 98
§ Expense ratio (%): 1.88
§ Increase / Decrease in Fund Size since Sep 30 , 2009 ( Rs . in
crores ): -43.95
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3
Years : 11.22 
§ Risk - Mean : 0.48
§ Portfolio : No . of Stocks : 14
 Sector Allocation

Sovereign Petroleum , Banks Mining and

Gas and minerals
petrochemic
50.04 15
al.16
products 12.33 8.88
10.HSBC MIP-SAVINGS PLAN-GROWTH

Objective : The primary objective is to seek generation of

reasonable returns through investments in Debt and Money
Market Instruments. The secondary objective of the Scheme
is to invest in equity and equity related instruments to
seek capital appreciation.
Features :

§ Type of Scheme : Open ended 

§ Inception Date : 24-Feb-04
§ Expense ratio (%): 2.18
§ Increase / Decrease in Fund Size since Sep 30 , 2009 ( Rs . in
crores ): 39.82
§ Risk and return : SCHEME PERFORMANCE (%) AS ON DEC 3 , 2009 , 3
Years : 11.17
§ Risk - Mean : .07
§ Portfolio : No . of Stocks : 34
 Sector Allocation

Banks Sovereign HFC FI

21.05 14.12 6.52 4.41
10 Mutual
Fund Debt
schemes
Comparison
 Fund Size & NAV

Net Asset Value : A mutual fund's price per share,

=(Total value of all the securities in its portfolio- liabilities
No. of fund shares outstanding.
 SD & Beta
Standard Deviation :
Tells us how much the return on the fund is deviating from the expected n

Beta :
A measure of systematic risk of a security or a portfolio in comparison to th
 Sharpe & Scheme
Performance
Sharpe :
Measures risk-adjusted performance
Tells us whether a portfolio's returns are due to smart investment decisions or a
= Expected portfolio return – Risk free rate
Portfolio Standard deviation

Scheme Performance :
The return on Investment %
 Style Box
  Long Mid Short  

CRED ICICI Prudential Fortis Flexi Debt Fund 1. Canara Robeco Income High
Income Fund -Growth - Growth Scheme – Growth, 2.
IT Birla Sun Life MIP -
QUAL Savings Growth, 3. DBS
ITY( Chola Monthly Income
safe Plan
ty)
  1. HDFC Monthly Income Canara Robeco Monthly Mediu
Plan - Long Term Plan , Income Plan - Growth m
2. Reliance Monthly
Income Plan - Growth, 3.
PRINCIPAL Monthly
Income Plan Plus -
Growth, 4. HSBC MIP -
Savings Plan - Growth

      Low

  AVERAGE MATURITY  
 Best Performer Scheme
Company Sharpe Weightage Scheme Perf (3 Weightage Rating ScoreWeightage Score
yrs)
ICICI 11.85 0.3 11.22 0.5 7.0281 0.2 10.57062

FFD 6.41 0.3 11.32 0.5 1.65765 0.2 7.91453

CRIS 0.57 0.3 14 0.5 1.6839 0.2 7.50778

REL 0.21 0.3 12.84 0.5 4.6828 0.2 7.41956

HDFC 1.27 0.3 12.13 0.5 2.9714 0.2 7.04028

PRIN 0 0.3 11.99 0.5 4.996 0.2 6.9942

BSLM 0.17 0.3 12.37 0.5 2.7422 0.2 6.78444

HSBC 0.85 0.3 11.17 0.5 2.3927 0.2 6.31854

DBS -0.18 0.3 11.89 0.5 1.6742 0.2 6.22584

CRMI 0.21 0.3 11.42 0.5 1.6839 0.2 6.10978

Thank You!