110611 - Weekly

8/6/2019 110611 - Weekly

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Saturday, June 11, 2011

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

Headlines

(Global Economy) US unemployment rate increased to 9.1% in May 2011.

(Indian Economy) Industrial Production grew 6.3% in April 2011 (New IIP Series)

(Economic Calendar)

(Global and Domestic Stock Markets)

(Derivative Analysis) Nifty June Futures closed at 5484.15

(Technical Analysis) Nifty Support levels are at 5350-5325 and Resistance 5550-5600.

(Weekly Recommendations) Century Textiles Ltd. & Karnataka Bank Ltd.

(Sector & Company Highlights)

(MF Industry update)

8/6/2019 110611 - Weekly


.



Global Economy

US unemployment rate unexpectedly climbed to 9.1% in May as

employers added 54,000 jobs and a revised 232,000 gain in April.

Job openings have decreased for the first time in three months

stoking fears about the economic growth’s durability. The number

of positions waiting to be filled fell by 151,000 to 2.97 mn. Another

report showed consumer borrowing rose in April for a seventh

consecutive month, led by a gain in non-revolving debt, including

auto and student loans. Credit rose by USD 6.25 bn after a revised

USD 4.82 bn gain in March. Trade deficit however shrank 6.7% to

USD 43.7 bn, reflecting a plunge in auto and oil imports combined

with record exports.

U.K. house prices rose 0.1% in May, failing to bounce back from the

biggest drop in seven months in April. The increase follows a 1.4%

decline in April. The average cost of a home in May was GBP

160,519. The Bank of England left its record low interest rate

unchanged at 0.5%.

Global Economic Indicators (As on June 9, 2011)

Commodities and Currencies

Crude Oil for July delivery fell 0.9% to settle at USD 99.29 a barrel

on the NYMEX as Saudi Arabia planned to increase oil production

o deflate a possible bubble in oil prices. Copper futures for July

delivery fell 1.9% to settle at USD 4.056 per pound on a decline in

mports by China.

Source: Economist

The European Union will focus on preparing a new aid package for

Greece that includes a “voluntary” role for investors after the EU

and International Monetary Fund approved the fifth installment of

Greece’s EUR 110 bn bailout. Also the ECB kept its key interest rate

unchanged at 1.25%. German industrial production dropped 0.6%,

the first time in four months in April, led by a drop in construction

output. The output for March was revised to 1.2%. For the year,

industrial output has increased 9.6%, adjusted for working days.

China’s net purchases of Japan’s long-term debt reached JPY 1.33 tn

(net) as the former seeks to diversify its currency reserves which

are currently the biggest in the world. Japan’s GDP shrank at an

annualized 3.5% in the three months ended March 31. Capital

investment dropped 1.3% while private inventories detracted 0.4%

from GDP. The Reserve Bank of Australia left its benchmark interest

rate unchanged at 4.75%.

The euro declined 2% to close at USD 1.4347 as ECB signaled a

slowing pace of interest rate increases for 2012. The pound sterling

also fell 0.7% to USD 1.6245 on increasing concerns of a slowdown in

the British economy.

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

GDP +2.3 +2.5 -1.0 +1.8 +9.7 +4.2 +4.1

Industrial Production +5.0 +5.3 -14.0 +0.7 +13.4 -1.3 +4.5

Consumer Price Index +3.2 +2.7 +0.3 +4.5 +5.3 +6.6 +9.6

Unemployment Rate 9.1 9.9 4.7 7.7 6.1 6.4 7.2

Current Account Balance % of GDP -3.4 -0.4 +2.6 -2.0 +3.1 -2.8 +5.6

Trade Balance -677.7 -25.4 +61 -151.6 +179 +23.2 +158.8

8/6/2019 110611 - Weekly




Indian Economy

Services sector slipped to 55.0 in May from 59.2 in April according to

he HSBC Markit Business Activity Index, the slowest pace in 20

months as soaring prices and interest rate hikes ate into new

business growth and reduced the level of optimism.

Foreign exchange reserves rose by USD 1.68 bn to USD 310.21 bn for

he week ended May 27 on the back of a sharp increase in foreign

currency assets. Foreign currency assets increased by USD 1.67 bn

o USD 278.87 bn, the value of special drawing rights increased by

USD 6 mn to USD 4.59 bn and reserves with the IMF increased by

USD 4 mn to USD 2.96 bn. The value of gold reserves remained

unchanged at USD 23.79 bn.

The country will award INR 550 bn of highway construction projects

n FY12 as the nation aims to remove infrastructure bottlenecks

hat hinder economic growth. The 7,300 km project includes new

expressways as well as widening of existing roads. The NHAI will

raise INR 120 bn in FY12 to partly fund the project.

Net direct tax collections were down 47.93% at INR 12.95 tn during the

first two months of the current fiscal, mainly on account of the I-T

Indian Debt Markets

Bond yields and swap rates eased during the week after April in-

dustrial output clocked slower-than-expected growth. The bench-

mark 10-year bond yield closed down 4 bps for the week at 8.23%.

Source: CCIL

Source: CCIL

Indian Currency Movement

The partially convertible rupee ended at 44.72 / 73 per dollar, a de-

cline of 0.29% for the week. The rupee was little changed as the

negative impact of weak local shares and a volatile euro was offset

department doling out large refunds. The gross figure however as

up 37.34% to INR 50.41 tn.

The government has cleared 16 foreign direct investment (FDI)

proposals amounting to INR 9.24 bn, including those of Star News

Broadcasting Ltd and L&T Finance Holdings. FDI into the country

had fallen to USD 19.43 bn in 2010 – 11 as against USD 25.83 bn in

the previous fiscal, a decline of 25%.

Food price index rose 9.01% and the fuel price index climbed 12.46%

in the year to May 28. The primary articles index was up 11.52%.

Industrial output increased 6.3% in April (YoY) according to a new

IIP with a different base year of 2004 – 05, new components and

weights. According to the old series, IIP came in at 4.4%.

The highly traded 8.08% 2022 bond and the 8.13% 2022 bond both

closed at 8.34% for the week.

by robust corporate dollar inflows, but importer dollar demand

capped gains.

Annualized Rate

(current)

Annualized Rate

(last month)

Headline Inflation

(WPI)8.66

Primary Products 12.05 12.96

Fuel Power and

Lubricants13.32 12.92

ManufacturedGoods

6.18 6.21

Headline Inflation by WPI (%) (Apr’11)

8.98

Internals

Current 1 WeekChange

Weekly1 Year

Change

annual

USD 44.72 44.85 -0.29% 46.67 -4.18%

GBP 72.93 73.29 -0.49% 68.34 6.72%

Euro 64.72 64.89 -0.26% 56.85 13.84%

Yen 55.83 55.59 0.43% 50.36 10.86%

1 Year Gilt 8.11

Debt Market Yields (%)

INR Exchange Rate (As on June 10, 2011)

10 year Gilt 8.32

8/6/2019 110611 - Weekly


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Economic Calendar

Date Event Period Prior

14-Jun India Manpower Survey 3Q 49.0%

14-Jun Monthly Wholesale Prices YoY MAY 8.7%

16-Jun India REPO Cutoff Yield 16-Jun 7.3%

16-Jun Food Articles WPI YoY 4-Jun 9.0%

16-Jun Fuel Power Light WPI YoY 4-Jun 12.5%

16-Jun Primary Articles WPI YoY 4-Jun 11.5%

16-Jun Cash Reserve Ratio 6.0%

16-Jun Reverse Repo Rate 6.3%

India US

Date Event Period Prior

14-Jun Producer Price Index (YoY) MAY 6.8%

14-Jun Advance Retail Sales MAY 0.5%

15-Jun Consumer Price Index (YoY) MAY 3.2%

15-Jun Empire Manufacturing JUN 1188.0%

15-Jun NAHB Housing Market Index UN 16.0

16-Jun Initial Jobless Claims 10-Jun 427K

16-Jun Continuing Claims 4-Jun 3676K16-Jun Building Permits MAY 551K

16-Jun Housing Starts MAY 523K

16-Jun Current Account Balance 1Q -$113.3B

17-Jun U. of Michigan Confidence UN P 74.3

Gold/Silver(Spot)

800

900

1000

1100

1200

1300

1400

1500

1600

1700

Ju n- 10 J ul -1 0 S ep- 10 Oc t- 10 No v- 10 J an -1 1 Fe b- 11 A pr -1 1 M ay- 11

G o l d ( $ / O Z )

10

15

20

25

30

35

40

45

50

55

S i l v e r ( $ / O Z )

Sil ver Gold

CrudeOil

60

70

80

90

100

110

120

Jun- 10 J ul-10 Sep-10 Oct-10 Nov-10 J an-11 Feb-11 Apr-11 May-11

P r i c e ( U S D )

300

310

320

330

340

350

360

370

380

390

400

(

M i l l i o n B a r r e l s )

I n v e n t o r y

Inventory CrudeOil

Currencies

1.1

1.15

1.2

1.25

1.3

1.35

1.4

1.45

1.5

1.55

Jun -1 0 J ul -1 0 S ep -1 0 O ct -1 0 No v- 10 J an -1 1 Fe b- 11 A pr -1 1 M ay -1 1

U S D / E U R

1.4

1.45

1.5

1.55

1.6

1.65

1.7

1.75

1.8

U S D / G B P

USD/EUR USD/GBP

Currencies

0.0095

0.01

0.0105

0.011

0.0115

0.012

0.0125

0.013

Jun- 10 J ul-10 Sep-10 Oct-10 Nov-10 J an-11 Feb-11 Apr-11 May-11

U S D / J P Y

0.7

0.75

0.8

0.85

0.9

0.95

1

1.05

1.1

1.15

U S D / A U D

USD/JPY USD/AUD

8/6/2019 110611 - Weekly




Global and Domestic Stock Markets

Global

Global markets continued to trade with negative bias. Dow Jones, Nasdaq, S&P

500 were all lower for the week with losses in 1.6%-3.3% range. European

markets also ended negative on weak global cues. Asian markets also followed

the trend with Hangseng losing 2.3% in the week. In the commodities market,

NYMEX Crude traded around $99.35 levels and Gold traded lower near $1532

levels in the week. Silver also ended lower. On the economic front, initial jobless

claims remained at 427,000, higher by 1000 over the previous data. US Data to

watch next week: Producer Price Index, Advance Retail Sales, Business

Inventories, Consumer Price Index, Capacity Utilization, Industrial Production,

Initial Jobless Claims, Housing Starts, Current Account Balance.

Domestic Performance of Sectoral Indices

Indian markets remained volatile in the week with muted volumes as market

participants waited for important economic data. Nifty and Sensex lost 0.6%

each. BSE Midcap and Smallcap remained flat. Among the BSE sectoral indices,

CD (+3.16%), IT (+1.5%) gained, while Auto (-2.0%), Metals (-1.3%) ended negative.

On the BSE100 index, IVRCL Infra, HDIL were the gainers, while Shriram

Transport, Hero Honda lost ~7-8% in the week. DIIs were buyers while FIIs

were net sellers in the cash market. Data to watch next week: India ManpowerSurvey, Monthly Wholesale Prices, YoY%, India Repo Cutoff Yield, Food Articles

WPI YoY, Fuel Power Light WPI YoY, Primary Articles WPI YoY, Cash Reserve

Ratio, Reverse Repo Rate.

Outlook

Indian markets saw muted volumes in the second week of June series. On the

economic data front, Food Articles WPI came in at 9.01%; Primary Articles WPI

came in at 11.52%. Industrial Production for April came in at 4.4% vs. 7.3%,

disappointing investors further. The inflation remained at high levels despite

RBI increasing interest rates in last meeting. RBI is likely to increase the key

rates by 25bps in its June-16 meeting. Banking and Auto sectors are likely to get

affected further in the next week. Political events in the country are also affecting

the global investors. The next week is likely to remain volatile ahead of RBI

meeting. Key support levels for Nifty are placed at 5380-5450, below which

further downsides are possible. Some pullback rally cannot be ruled out as

some beaten down stocks might get new buyers.

Close% Change

(week)

Dow Jones 11,951.90 -1.6%

NASDAQ 2,643.70 -3.3%

S&P 500 1,271.00 -2.2%

FTSE 5,765.80 -1.5%

DAX 7,069.90 -0.6%

Hang Seng 22,420.40 -2.3%

Nikkei-225 9,514.40 0.2%

Indices Close% Change

(week)

BSE SENSEX 18,268.50 -0.6%

NSE NIFTY 5,485.80 -0.6%

BSE MIDCAP 6,898.30 0.0%

BSE SMALL CAP 8,288.50 0.6%

BSE AUTO 8,633.80 -2.0%

BSE METALS 14,885.40 -1.3%

BSE BANKEX 12,225.90 -0.7%

BSE IT 6,093.60 1.5%

IVRCL Infra 75.5 8.8%

HDIL 175.25 8.5%

Shriram Transport 647.4 -7.5%

Hero Honda 1723.95 -7.3%

BSE 125.4

NSE CASH 426.0

NSE F&O 3713.8

Institutions Net Inflow

FII -2.3

DIIs 6.5

Institutional Activity in INR Bn (Weekly)

Key Indices Global

Sectoral Indices

Key Indices (Indian)

Weekly Gainers (BSE 100)

Weekly Losers (BSE 100)

Weekly Turnover (in INR Bn)

8/6/2019 110611 - Weekly


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Derivative Analysis

Top 5 Price Losers

Top 10 Volume Gainers

Top 5 Price Gainers

Market Snapshot

• Nifty June Futures closed at 5484.15 (Premium of 1.65 over the Nifty spot)

• Open interest Nifty FUTIDX (Expiry 30 June): 23.70 mn.

• Open interest BankNifty FUTIDX (Expiry 30 June): 1.53 mn.

• India VIX for the week ended at 18.54, up 0.93 from previous week’s close

(17.61). In the week VIX touched low of 17.55 and high of 19.75.

Weekly Open Interest Analysis (Nifty Option)

Across all expiries, open interest is highest at the 5800, 5600, 5700 call options,

while open interest in the put options is highest at 5000, 5300, 5400 strike

prices, suggesting 5300-5800 to be the trading zone for Nifty index in short

term, though the trend seems downwards.

Sector Wise OI Change:

Banking, Oil&Gas, Auto, Metal&mining, IT sectors saw gains in Open

Interest.

Cash Future Cash Future

INDIAINFO 9.16% 9.32% 876.40% 296.60% 5.25%

HCC 9.81% 9.27% 186.05% 966.21% 4.94%HDIL 8.28% 8.41% -20.24% 10.29% 1.10%

IVRCLINFRA 9.08% 8.38% 120.67% 135.67% -8.33%

IRB 8.10% 7.48% 224.89% 123.47% -14.85%

SCRIPS % Change - Price %Change - Volume % Change

in OI

Cash Future Cash Future

BHUSANSTL -8.25% -8.31% 220.03% -19.74% 60.16%

HEROHONDA -7.35% -6.77% 700.84% 56.59% -0.28%

SRTRANSFIN -7.49% -6.67% 83.89% 208.65% 12.39%

UNIPHOS -5.79% -6.02% -59.39% -23.66% 13.24%

EXIDEIND -5.93% -5.98% -46.13% -52.34% 9.69%

SCRIPS % Change - Price %Change - Volume % Change

in OI

% Change Volumes

Price Open Interest (Delivery Based)

GTL -0.86% 2.08% 4659.79%

CONCOR 1.23% -4.17% 3177.86%

HCC 9.81% 4.94% 966.21%

PANTALOONR 4.55% -5.52% 881.33%

CENTURYTEX 6.87% 18.92% 698.50%

HEXAWARE 7.43% 2.46% 484.38%

COREPROTEC 3.30% 0.53% 431.04%

TULIP 3.47% -6.47% 336.55%

INDIAINFO 9.16% 5.25% 296.60%

PATELENG 4.55% 4.95% 217.50%

SCRIPS % Change in F&O

OIAnalysis

-

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

5 0 0 0

5 1 0 0

5 2 0 0

5 3 0 0

5 4 0 0

5 5 0 0

5 6 0 0

5 7 0 0

5 8 0 0

5 9 0 0

6 0 0 0

Strike

O I

CallOption

PutOption

ChangeinOI

(1,000,000)

0

1,000,000

2,000,000

3,000,000

5 0 0 0

5 1 0 0

5 2 0 0

5 3 0 0

5 4 0 0

5 5 0 0

5 6 0 0

5 7 0 0

5 8 0 0

5 9 0 0

6 0 0 0

Strike

O I - C h a n g e

CallOption

PutOption

- 1 0 0 %

- 5 0 %

0 %

5 0 %

1 0 0 %

1 5 0 %

2 0 0 %

Power

Bank

Realty

Oil&Gas

Metal&Mining

Auto

Pharma

IT

CapitalGoods

Cement

S e c t o r s

%ChangeinOI

NiftyPCRatio

0.7

0.75

0.8

0.85

0.9

0.95

1

6 - J u n

7 - J u n

8 - J u n

9 - J u n

1 0 - J u n

Date

P C R

8/6/2019 110611 - Weekly




Technical Analysis

Source: Iris)

Conclusion

Last week Nifty shut on a marginal negative note @ 5486 and down by 31 points from the previous week's close. Technically Nifty on

weekly chart has formed doji candle stick pattern, which shows sideways to negative sentiment in coming sessions. Nifty spot on weeklyhas opened at 5504.30 and made a high of 5570 and made a low of 5457.45 then finally closed negative at 5486. Stochastics and the RSI

are slightly oversold signaling that buying pressure at support levels are possible short-term. The close below the 65 day moving

average (5606) indicates the short term trend could be turning sideways to negative. Stochastics trending lower at midrange will tend to

reinforce a move lower especially if resistance levels are taken out. The market setup is somewhat sideways to negative trend with

rading range between 5570-5370. The next area of resistance is around 5520-5570. So Nifty appears to be sideways trading on weekly

chart having supports at 5400-5350 levels. For short term trading long positions, stop loss of 5480 is advisable.

Weekly Nifty has resistance at 5520-5570 and supports at 5400-5350.

Weekly Bank Nifty has resistance at 10800-10920 and supports at 10541-10370.

8/6/2019 110611 - Weekly


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Century Textiles Ltd

LTP 345.00.

View: Positive

Oscillators Analysis: Stochastics and RSI are positive crossover and are in oversold territory on weekly chart reading, which indicate

positive sentiment in stock momentum with decent volume support.

Pattern Analysis: A clear double bottom support zone at 320, which indicates stock may upside till resistance level, is a confirmation of a

rend in that direction.

Technical Analysis:

Century Textiles Ltd has bullish candle stick on weekly chart with good volume support. Stock has 20 week moving average support at 336

evels. Weekly RSI has shown positive crossover into oversold territory which will tend to supports reversal action if it occurs. The

market tilt is positive with the close above multiple supports at 320 on weekly chart basis. The next area of resistance is around 383, while

1st support hits at 336 and below there at 330. It is also heading towards resistance zone at 383.00.

We recommended the stock at market and in the range of 336 with stop loss at 316 (closing basis) for a target of Rs. 383.

Weekly Recommendations

8/6/2019 110611 - Weekly




Karnataka Bank Ltd.

LTP 122.00.

View: Positive

Oscillators Analysis: Stochastics and RSI are positive crossover and are in oversold territory on weekly chart reading, which indicate

positive sentiment in stock momentum.Pattern Analysis: A clear head and shoulder neck line breakout at 115.00, which indicates stock upside, is a confirmation of a trend in that

direction with good volume support.

Technical Analysis:

On weekly chart KTK Bank has been trading above medium term moving average (65 DMA) at 112 levels, which indicates positive

sentiment in short term trading and strong buying pressure above support zone around Rs.116, we expect the momentum to continue

ill 135-140 on the upside targets. And any genuine correction should see in stock price around supports at 116, which should be used as

a buying opportunity for the potential target 138.00.

We recommended the stock at market and in the range 118-116, with stop loss below at 112(on closing basis) for a target of Rs. 138.00.

8/6/2019 110611 - Weekly


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-7- Sector & Company Highlights

Automobiles & Auto Ancillaries

• Steel Strips Wheels is in talks to raise INR 700 mn through a stake sale to two foreign investors this fiscal and expects to close at leastone deal in six months.

Capital Goods & Infrastructure

• Man Infra construction has bagged orders worth INR 1.51 bn. Positive, as it improves the revenue visibility of the company.

• ARSS Infrastructure Projects has bagged an order worth INR 2.075 bn. Positive, as it improves the revenue visibility of the company

• Ramky Infrastructure has bagged work orders worth INR 5.82 bn covering industrial, water and waste water and building verticals

from different parts of the country. Positive, as it improves the revenue visibility of the company

• BEML has bagged an order for USD 11 mn from Myanmar for supply of a fleet of dump trucks, used for transporting loose materials,

spares, supplies. Shipment of trucks is expected to commence from Q3FY12. The company is focusing on African and Chinese markets

for mining and construction equipments during current fiscal. Positive strategically, as presence in alternate geography will de-risk its

business model from the risk of dependency in a particular region.

• Unity Infraprojects bagged an order worth INR 997.4 mn in Madhya Pradesh. The company is also looking to raise INR 1 - 1.5 bn to retire

its high cost debt. Neutral, given the size of order and raising of low cost debt fund is just planned.

Cement

• Ambuja Cements has bought an 85% stake in Nepal’s Dang Cement Industries for about INR 191 mn and company is also in the process

of buying an additional 5% in Dang, which holds limestone mining lease in Nepal, for INR 11.3 mn. Neutral

Information Technology

• Infosys Ltd. will explore business opportunities in the government outsourcing market in the UK as the company seeks to increase its

share of revenue from public sector departments looking to cut costs. The company has also acquired Gen-I, the corporate information

communication technology arm of Telecom New Zealand.

• HCL Infosystems Ltd. is under the scanner of the CBI for its alleged role in charging an exorbitant fee of nearly INR 5.7 bn for its

broadcast network technology to MTNL Ltd. during the Commonwealth Games, although the initial estimate for the same was only

around INR 314.3 mn.

• HCL Technologies Ltd. may strengthen its presence in the financial services sector by buying out Oracle Financial Services’ services

arm.

Metals & Mining

• Coal India , the only supplier of the scarce mineral to steel and power industries, has tweaked a clause in its fuel supply agreements to

escape penalty even while supplying only half of the contracted amount to end users. As against the earlier penalty trigger point of

90%, the state-owned fuel supplier now has to ensure only 50% supplies to evade damages citing shortage and lower production due

to stringent environmental norms.

• Hindustan Copper may not sell new shares in a planned follow-on public offer as soaring copper prices have left the company with

strong cash reserves and no immediate need to raise funds.

Oil & Gas

• Indraprastha Gas Ltd (IGL), a JV of state-run GAIL India and BPCL, hiked compressed natural gas (CNG) by Rs 0.50 per kg, the second

hike in rates in as many months. Neutral, given the quantum of hike which is off-set by higher input cost.

8/6/2019 110611 - Weekly




Mutual Fund Insights

Scheme Update

Deutsche Mutual Fund has announced that the face value of institutional plan

under DWS Treasury Fund - Cash Plan, an open ended debt fund will be changed

from Rs 10 to Rs 100 with effect from July 4, 2011. The unit holding of the existing

investors as of that date will be adjusted accordingly and the same will not have

any impact on the value of investment.

Mutual Funds (MFs) made investments worth Rs 312.70 crore and sold off Rs

285.60 crore worth of equities on June 07, 2011, according to data released by the

Securities and Exchange Board of India (SEBI). Thus, MFs stood as net buyers of

Rs 27.10 crore in equities on that day. In the month of June, MFs have made total

investments of Rs 1797.60 crore and sold off Rs 1991.60 crore worth of equities, so

far.

ING Mutual Fund has announced revision of fundamental attributes of ING

Liquid Fund. The nature of the scheme is being changed from an open ended

liquid income scheme to an open ended liquid scheme. The investment objective

of the scheme is to generate reasonable returns while providing a high level of

liquidity and low risk by investing in money market securities. All the existing

investors of this scheme as on 30th May 2011 would be provided an exit optionwithout charging an exit load from 6th June 2011 to 5th July 2011. The change will

be effective from 6th July 2011.

Source: Accord Fintech


Weekly Activity

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

Mutual Fund Activity

9-Jun-11 2.74 2.29 0.45 36.61 17.00 19.62

8-Jun-11 2.79 2.57 0.22 50.90 20.86 30.04

7-Jun-11 3.13 2.86 0.27 36.39 27.64 8.756-Jun-11 4.71 2.95 1.75 38.97 24.38 14.59

FII Activity

10-Jun-11 18.40 16.94 1.46 6.45 11.34 -4.89

9-Jun-11 19.05 17.31 1.75 8.27 8.50 -0.23

8-Jun-11 20.13 19.76 0.36 13.92 5.49 8.43

7-Jun-11 15.73 19.96 -4.23 3.75 12.01 -8.26

6-Jun-11 19.83 14.45 5.38 20.36 12.08 8.28

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

-10 -5 0 5 10

6-Jun

7-Jun

8-Jun

9-Jun

10-Jun

FIITradingActivity(InBillions)

Debt Equity

0 5 10 15 20 25 30 35

6-Jun

7-Jun

8-Jun

9-Jun

MFTradingActivity(InBillions)

Debt Equity

8/6/2019 110611 - Weekly


.



New Fund Offers

Fund Opens Closes Structure Fund Manager Investment Objective Benchmark

ICICI Pru FMP-57-1Y-

B(G)6-Jun 13-Jun

Close

ended

Mr. Chaitanya

Pande

To generate regular returns by investing in a

portfolio of fixed income securities/debt

instruments maturing on or before the maturity

of the Plan under the Scheme.

Crisil Short-Term

Bond Fund Index

Kotak FMP 50(G) 7-Jun 13-JunClose

ended

Mr. Deepak

Agrawal / Mr.

Abhishek Bisen

To generate returns through investments in debt

and money market instruments with a view to

significantly reduce the interest rate risk. The

Scheme will invest in debt and money market

securities, maturing on or before maturity of the

scheme.

Crisil Short-Term

Bond Fund Index

IDBI FMP-90D-I(June

11)-C(G)10-Jun 13-Jun

Close

endedMr. Gautam Kaul

To generate regular income through investmentsin Debt and Money Market Instruments. In

accordance with SEBI Circular No SEBI/IMD/

CIR No. 12/147132/08 dated December 11, 2008;

each Plan shall invest only in such securities

which mature on or before the maturity date of

the respective plan.

Crisil Liquid Fund

Index

DSPBR FMP 12M-22-

(G) 10-Jun 14-Jun

Close

ended Mr. Dhawal Dalal

To generate returns and capital appreciation by

investing in a portfolio of debt and money

market securities. The Scheme will invest only insuch securities which mature on or before the

date of maturity of the Schemes..

Crisil Short-Term

Bond Fund Index

DSPBR FMP 3M-38-

(G)10-Jun 14-Jun

Close

endedMr. Dhawal Dalal

To seek capital appreciation by investing in a

portfolio of debt and money market securities.

The Scheme will invest only in such securities

which mature on or before the date of maturity of

the Schemes. The Schemes may also use fixed

income derivatives for hedging and portfolio

balancing.

Crisil Liquid Fund

Index

HDFC FMP-XVIII-

370D-June 2011(2)-(G)10-Jun 14-Jun

Close

ended

Mr. Bharat Pareek /

Mr. Miten Lathia

To generate income through investments in Debt

/ Money Market Instruments and Government

Securities maturing on or before the maturity

date of the respective Plan(s).

Crisil Short-Term

Bond Fund Index

L&T FMP - III (June

366D)-A(G)3-Jun 14-Jun

Close

ended

Mr. Bekxy

Kuriakose

To achieve growth of capital through

investments made in a basket of debt/ fixed

income securities maturing on or before the

maturity of the Scheme.

Crisil Short-Term

Bond Fund Index

Religare FMP-VIII-B-13M(G)

9-Jun 14-Jun Closeended

Mr. Nitish Sikand

To generate income by investing in a portfolio of

debt and money market instruments maturing on

or before the date of maturity of the Scheme.

Crisil Short-TermBond Fund Index

8/6/2019 110611 - Weekly





Taurus FMP-G(G) 9-Jun 14-Jun Closeended

Mr. Rahul Pal / Mr.Pankaj Jain

To generate income with minimum volatility

through investments in a portfolio of debt and

money market instruments maturing on or

before the maturity of the Scheme.

Crisil Short-TermBond Fund Index

HDFC FMP-XVIII-

370D-June 2011(1)-(G)10-Jun 15-Jun

Close

ended

Mr. Bharat Pareek /

Mr. Miten Lathia

To generate income through investments in Debt

/ Money Market Instruments and Government

Securities maturing on or before the maturity

date of the respective Plan(s).

Crisil Short-Term

Bond Fund Index

ICICI Pru FMP-55-1Y-

H(G) 8-Jun 15-Jun

Close

ended

Mr. Chaitanya

Pande

To generate regular returns by investing in a

portfolio of fixed income securities/ debt

instruments maturing on or before the date of

maturity of the Plan under the Scheme.

Crisil Short-Term

Bond Fund Index

IDBI FMP-395D-

I(June 11)-C(G)6-Jun 16-Jun

Close


To generate regular income through investments

in Debt and Money Market Instruments. In

accordance with SEBI Circular No SEBI/IMD/

CIR No. 12/147132/08 dated December 11, 2008;




Crisil Short-Term

Bond Fund Index

Kotak FMP 51(G) 10-Jun 16-JunClose

ended

Mr. Deepak

Agrawal Mr.

Abhishek Bisen

To generate returns through investments in debt

and money market instruments with a view to

significantly reduce the interest rate risk. The

Scheme will invest in debt and money market

securities, maturing on or before maturity of the

scheme.

Crisil Short-Term

Bond Fund Index

ICICI Pru CPO-I(G) 3-Jun 17-Jun

Close

ended

Mr. Mrinal Singh /

Mr. ChaitanyaPande

To seek to protect capital by investing a portion

of the portfolio in good quality debt securities &

money market instruments and also to provide

capital appreciation by investing the balance inequity and equity related securities. The

securities would mature on or before the

maturity of the Plan under the scheme.

Crisil MIP Blended

Index

DWS FTF-84(G) 6-Jun 20-JunClose

ended

Mr. Kumaresh

Ramakrishnan

To generate regular income by investing in debt

and money market instruments maturing on or

before the date of the maturity of the Scheme.

Crisil Short-Term

Bond Fund Index

8/6/2019 110611 - Weekly


.





IDBI FMP-367D-

I(June 11)-E(G)6-Jun 20-Jun

Close


To generate regular income through investments

in Debt and Money Market Instruments. Inaccordance with SEBI Circular No SEBI/IMD/

CIR No. 12/147132/08 dated December 11, 2008,




Crisil Short-Term

Bond Fund Index

Reliance Dual Advant

FTF-1-L(G)10-Jun 24-Jun

Close

ended

Mr. Shailesh Raj

Bhan / Mr. Anju

Chhajer

To generate returns and reduce interest rate

volatility, through a portfolio of fixed income

securities that are maturing on or before the

maturity of the Scheme along with capital

appreciation through equity exposure.

Crisil MIP Blended

Index

JPMorgan JF ASEAN

Equity Off-shore

Fund (G)

10-Jun 24-JunClose

ended

Mr. Namdev

Chougule

To provide long term capital growth by investing

predominantly in JPMorgan Funds - JF ASEAN

Equity Fund, an equity fund which invests

primarily in companies of countries which are

members of the Association of South East Asian

Nations (ASEAN).

MSCI South East

Asia Index

8/6/2019 110611 - Weekly





Weekly Recommendations (Debt)

NAV CAGR (In %)

Scheme Name (11 Jun 11) 1 Week 1 Month 1 Year Since Inception

Category: Floating Rate

Birla SL FRF-LT(G) 17.11 0.17 0.75 7.38 6.93 10.02 21.90 21.90 0.14

Reliance FRF ST(G) 15.94 0.21 0.67 6.73 5.94 0.00 178.85 164.25 0.80

LICMF FRF-STP(G) 16.24 0.15 0.59 6.29 6.96 0.00 9.84 9.36 0.64

Category: Income - Long term

Birla SL Dynamic Bond-Ret(G) 16.58 0.23 0.64 5.75 7.85 10.25 547.50 529.25 0.79

ICICI Pru Income-Reg(G) 31.23 0.30 0.38 2.99 9.17 9.14 1324.95 949.00 2.11

DSPBR Govt. Sec(G) 33.35 0.26 0.89 2.07 10.84 0.00 1642.50 1076.75 1.25

Category: Income - Short term

Kotak Bond-STP(G) 18.78 0.24 0.74 4.17 7.16 9.80 211.70 193.45 0.89

Templeton India ST Income(G) 1987.19 0.27 0.75 6.12 7.61 10.74 445.30 357.70 1.30

UTI ST Income(G) 17.02 0.40 0.71 7.03 6.90 0.00 635.10 0.00 0.59

Category:Ultra Short Term Fund

Templeton India Ultra-ST-Ret(G) 12.72 0.16 0.72 7.39 7.15 8.81 29.20 29.20 0.65

Kotak Floater-ST(G) 16.31 0.16 0.73 7.30 6.38 9.10 25.55 25.55 0.57

Tata Floater(G) 14.92 0.17 0.75 7.61 7.19 8.65 20.52 0.00 0.25

Category: Liquid

Templeton India TMA-Reg(G) 2441.52 0.15 0.69 6.86 7.04 8.73 36.50 32.85 0.85

SBI Magnum InstaCash-Cash(G) 22.12 0.16 0.71 7.23 6.80 7.98 18.25 18.25 0.35

Tata Liquid-RIP(G) 2277.78 0.16 0.71 6.87 6.65 8.88 16.44 0.00 0.65

Expense

RatioYTM

verage

Maturity In

o e

Duration inAbsolute Return (In %)

NAV CAGR (In %)

Scheme Name (11 Jun 11) 1 Week 1 Month 1 Year Since Inception

ICICI Pru Dynamic(G) 106.82 -0.40 -0.39 10.31 31.65 0.63 0.01 1.84

Fidelity Equity(G) 34.94 -0.10 0.36 9.70 22.88 0.80 0.01 1.85

ICICI Pru Discovery(G) 48.86 -0.59 -0.04 9.50 26.19 0.67 0.01 1.92

Franklin India Bluechip(G) 212.41 -0.33 -0.33 11.30 25.13 0.78 0.02 1.83

Principal Large Cap(G) 28.01 -0.14 -0.28 5.06 20.27 0.82 -0.01 2.27

DSPBR Top 100 Equity-Reg(G) 99.09 -0.44 -0.14 8.97 32.01 0.78 0.01 1.86

Birla SL MIP(G) 26.66 0.18 0.44 6.26 9.73 0.14 0.00 2.09

ICICI Pru Child Care Plan-Study Plan 29.77 0.17 0.99 8.29 11.80 0.15 0.01 1.50

Tata MIP Plus(G) 16.05 0.33 0.65 4.07 6.76 0.32 0.00 2.00

Birla SL '95(G) 309.41 0.17 0.34 10.63 23.40 0.51 0.03 2.31

DSPBR Balanced(G) 65.62 -0.07 0.17 8.89 16.90 0.57 0.02 2.10

Tata Balanced(G) 82.71 0.03 0.56 8.42 16.67 0.67 0.02 2.34

Category: Balanced Funds

Category: Largecap

Category: Monthly Income Plans

Absolute Return (In %)BETA ALPHA

Expense

Ratio

8/6/2019 110611 - Weekly


.




Dividend Declaration

Scheme Name Category Record Date Gross Corporate Non-Corporate

Birla SL Gilt Plus-Liquid(QD) Debt 15-Jun-11 1.31 1.31 1.31

Birla SL Gilt Plus-PF(QD) Debt 15-Jun-11 0.71 0.71 0.71

Birla SL Gilt Plus-Reg(QD) Debt 15-Jun-11 1.58 1.58 1.58

Birla SL ST FMP-12(D) Debt 14-Jun-11 2.23 2.23 2.23

Birla SL ST Oppor-Ret(D) Debt 15-Jun-11 1.31 1.31 1.31

ICICI Pru FMP-52-1Y-B(D) Debt 15-Jun-11 6.88 6.88 6.88

ING Dividend Yield(D) Equity 13-Jun-11 30.00 30.00 30.00

LIC Nomura MF Floater MIP(AD) Hybrid 14-Jun-11 6.50 6.50 6.50

LIC Nomura MF Floater MIP(QD) Hybrid 14-Jun-11 2.50 2.50 2.50

LIC Nomura MF MIP(AD) Hybrid 14-Jun-11 3.50 3.50 3.50

Religare Active Inc-A(QD) Debt 15-Jun-11 1.71 1.71 1.71

Religare Medium Term Bond Fund(QD) Debt 15-Jun-11 1.45 1.45 1.45

8/6/2019 110611 - Weekly



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