-
SchemeF E A T U R E S
1) What is Systematic Investment Plan?
(a) A Systematic Investment Plan (SIP) enables a
prospectiveinvestor to invest a fixed sum of money regularly, in a
mutualfund.
(b) An SIP allows oneself to buy units on a given date each
month,so that one can plan their savings.
(c) One can give post-dated cheques and the investments will
bemade regularly in the respective schemes.
2) What are the benefits of investing through SIP?
(a) An SIP actually reduces risk, by spreading the
investmentsover a longer period of time, at various levels of the
market
(b) An investment month after month would ensure that one is
investedat the high and the low, and make the best out of an
opportunitythat could be tough to predict in advance.
(c) Investing a fixed sum regularly, means averaging out the
cost,as one gets fewer units when the price goes up and more
whenthe price goes down,
(d) An SIP enables one to set aside money, month after month,
andusually gives much better returns than a bank recurring
deposit.
3) What are the other features?(a) Entry Load: Entry loads are
generaly levied at attractive levels
as compared to one-time investment option.(b) Reasonable Amount:
An SIP can be presently started with as
small an amount as a minimum of Rs.500/- a month under
themonthly option and a minimum of Rs.1000/- under
quarterlyoption.
(c) Convenience: SIP cheques are accepted at AMC offices /CAMS
ISCs across the country. While one could start aninvestment at any
time, the balance cheques may be uniformlydated for each month /
quarter for the same amount, as perone’s convenience.As an example,
Investment made through SIP under SaharaGrowth Fund is shown for
your ready reference.
SIP Date of SIP Date of SIP Total Amount invested Total Value as
on1st investment last investment Amount through SIP 31/03/2006
03.04.2003 01.03.2006 Rs.500/- Rs.18000/- Rs. 39028.12
Example of Sahara Growth Fund - Growth OptionExample of Sahara
Growth Fund - Growth OptionExample of Sahara Growth Fund - Growth
OptionExample of Sahara Growth Fund - Growth OptionExample of
Sahara Growth Fund - Growth Option
SIP Date Amount NAV (Rs) Units Totalinvested Accrued Value
(Rs)
3-Apr-03 500.00 10.11 49.456 500.002-May-03 500.00 9.73 100.843
981.212-Jun-03 500.00 10.68 147.660 1577.011-Jul-03 500.00 11.74
190.249 2233.53
1-Aug-03 500.00 12.73 229.527 2921.871-Sep-03 500.00 14.46
264.105 3818.961-Oct-03 500.00 15.66 296.033 4635.883-Nov-03 500.00
17.59 324.459 5707.231-Dec-03 500.00 18.88 350.942 6625.781-Jan-04
500.00 21.49 374.208 8041.733-Feb-04 500.00 19.26 400.169
7707.251-Mar-04 500.00 20.78 424.230 8815.512-Apr-04 500.00 20.24
448.934 9086.42
3-May-04 500.00 20.25 473.625 9590.911-Jun-04 500.00 17.90
501.558 8977.891-Jul-04 500.00 17.99 529.351 9523.03
2-Aug-04 500.00 19.19 555.407 10658.251-Sep-04 500.00 19.87
580.570 11535.93
1-Oct-04 500.00 21.33 604.011 12883.561-Nov-04 500.00 21.70
627.053 13607.051-Dec-04 500.00 23.41 648.411 15179.313-Jan-05
500.00 25.77 668.260 17221.071-Feb-05 500.00 24.86 688.373
17112.951-Mar-05 500.00 25.87 707.700 18308.211-Apr-05 500.00 25.19
727.550 18326.97
2-May-05 500.00 23.88 748.488 17873.881-Jun-05 500.00 25.36
768.204 19481.651-Jul-05 500.00 25.57 787.758 20142.97
1-Aug-05 500.00 27.39 806.013 22076.691-Sep-05 500.00 30.56
822.374 25131.753-Oct-05 500.00 32.7846 837.625 27461.202-Nov-05
500.00 30.3849 854.081 25951.151-Dec-05 500.00 33.3947 869.053
29021.762-Jan-06 500.00 35.6314 883.086 31465.581-Feb-06 500.00
37.2162 896.521 33365.091-Mar-06 500.00 39.4817 909.185
35896.16
31/03/2006 42.9265
SIP Date Amount NAV (Rs) Units Totalinvested Accrued Value
(Rs)
Average cost per unit (Rs) i.e. (Sum Total of Investment/ Sum
Total of Units Alloted) Rs.19.80
Realisable value per unit (Rs) as on 31/03/2006 Rs.42.9265Please
refer scheme provisions before investing.
SYSTEMATICINVESTMENT PLAN
Get the advantage of
“RUPEE COST AVERAGING”with
Empowering the investor..…
-
SchemeF E A T U R E S
Tax Gain Fund - Minimum Application amount: Rs. 500/- and
additional investments inmultiple of Rs. 500/-. Load Structure
(w.e.f. 01/02/2006) Entry Load: 2.25% Exit Load: NilEntry Load: Nil
- for SIP/STP investments into Sahara Tax Gain FundExit Load:
Normal entry load would be charged as exit load if redeemed before
12 monthsfor such SIP/STP investments.
Scheme Objective
The objective of the scheme is to provide immediate tax relief
and long
term growth of capital to investors.
Unit holders can avail of deduction under Section 80C of the
Income Tax
Act 1961 for investment upto Rs.1 lakh p.a.
Scheme Type
An open - ended Equity Linked Saving Scheme (ELSS)
Investor Profile:
Ideal for investors seeking high returns at relatively medium
risk across
long term horizon by investing in equity and equity related
instruments.
Investment Option:
Investors under the Sahara Tax Gain Fund have the choice of
a) Growth
b) Dividend Payout Option & Dividend Reinvestment
Option.
Inception Date:
April 1, 1997
NAV as on May 31st, 2006
Dividend - Rs. 15.9868
Growth - Rs. 18.2977
Bonus Declared (Record Date - Aug 29, 2005)
Growth Plan - 7:1
Dividend Plan - 3:1
Benchmark Index:
BSE 200
TAXGAIN FUND
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6
Performance (%)
*Benchmark Index: BSE 200** Adjusted for bonusNote: Annualised
Returns for 1 year and CAGR for more than 1 year period
Scheme/ NAV/ Index 1 Yr 3 Yrs 5 Yrs I n c e pIndex Name Va
lueTAXGAIN** 18.2977 61.18% 58.22% 31.57% 34.01%Benchmark* 1289.86
45.05% 46.89% 27.33% 15.92%
Dividend DeclaredDividend declared on the face value of Rs.
10/-
Past performance may or may not be sustained in future
Dividend during the year 2005 & 2006Record Date R a t e % of
Div Cum Div
NAV(Rs)19.01.2005 Rupees 10 per unit 100.00% 70.6123.03.2005
Rupees 20 per unit 200.00% 66.7524.03.2006 Rupees 2.50 paise per
unit 25.00% 19.4041
Sector Security Name % of Grand % of SectorTotal Total
EQUITY SHARESIndustrial Manufacturing Bharat Heavy Electricals
Ltd 4.02 22.46
Bharat Electronics Ltd 3.86Crompton Greaves Ltd 3.34Larsen and
Toubro Ltd 3.27SKF India Ltd. 2.50EMCO Limited 2.17Atlas Copco
(India) Ltd 1.94Engineers India Ltd. 1.36
Consumer Goods ITC Ltd 2.72 13.32Andhra Sugars Ltd 2.66Rajshree
Sugars & Chemicals Ltd 2.25KCP Sugar and Industries Corporation
Ltd. 2.18Balrampur Chini Mills Ltd 2.06Trent Ltd 1.45
IT Infosys Technologies Ltd 4.79 11.92Satyam Computer Services
Ltd 3.57Tata Consultancy Services Ltd 3.56
Cement & Cement Products Shri Digvijay Cement Co. Ltd * 6.75
11.17Century Textiles & Industries Ltd 3.78Visaka Industries
Ltd 0.63
Textiles Gangotri Textiles Ltd 5.30 7.34Indo Count Industries
Ltd 2.04
Metals Hindalco Industries Ltd 2.81 5.28Maharashtra Seamless Ltd
2.48
Financial Services Bajaj Auto Finance Ltd 2.45 4.45Prime
Securities Ltd 2.00
Automobile Mahindra & Mahindra Ltd 2.44 4.37Bosch Chassis
System India Ltd. 1.93
Fertilisers & Pesticides Chambal Fertilisers & Chemicals
Ltd 2.62 2.62Paper Ballarpur Industries Ltd. 2.58 2.58Energy
Torrent Power AEC Ltd 2.16 2.16Pharma Glenmark Pharmaceuticals Ltd.
2.06 2.06Construction Patel Engineering Ltd 0.20 0.20Equity TEquity
TEquity TEquity TEquity Totalotalotalotalotal
89.9389.9389.9389.9389.93 89.9389.9389.9389.9389.93Current Assets
10.07 10.07Grand TGrand TGrand TGrand TGrand Totalotalotalotalotal
100.00100.00100.00100.00100.00 100.00100.00100.00100.00100.00
Sector-wise Asset DistributionAsset Allocation
22.46%
11.92%
13.32%
11.17%
7.34%
5.28%
4.45%
4.37%
2.62%
2.58%
2.06%
10.07%
2.16%
0.20%
Industrial Manufacturing
IT
Consumer Goods
Cement & Cement Products
Textiles
Metals
Financial Services
Automobile
Fertilisers & Pesticides
Paper
Energy
Pharma
Construction
Current Assets
* - Includes Rights entitlement
Sahara
-
SchemeF E A T U R E S
Minimum Application amount : Rs. 3000/- and additional
investments in multiple of Rs. 1000/-Load Structure Entry Load :
2.25% : for investments < Rs. 1cr ;(w.e.f. 01/02/2006) NIL : for
investment >= Rs. 1 cr
Exit Load : Nil
Entry Load : Nil- for SIP/STP investments into Sahara Growth
FundExit Load : Normal entry load would be charged as exit load if
redeemed before 12 months for
such SIP/STP investments.
GROWTH FUND
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6Scheme Objective
The investment objective of the scheme is to achieve capital
appreciation
by investing in equity and equity related instruments.
Scheme Type
An open - ended growth fund
Investor Profile:
Ideal for investors seeking high returns at relatively medium
risk across
long term horizon.
Investment Option:
Investors under the Sahara Growth Fund have the choice of
a) Growth
b) Dividend Payout Option & Dividend Reinvestment
Option.
Inception Date:
August 30, 2002
NAV as on May 31st, 2006
Dividend - Rs. 20.0612
Growth - Rs. 39.6770
Benchmark Index:
S & P CNX Nifty
Sector-wise Asset DistributionAsset Allocation
Dividend DeclaredDividend declared on the face value of Rs.
10/-
Past performance may or may not be sustained in future
Dividend since September 2003Record Date R a t e % of Div Cum
Div
NAV (Rs)
25.09.2003 Rupees 3 per unit 30.00% 14.95
28.01.2005 Rupees 3 per unit 30.00% 19.57
13.03.2006 Rupees 7.5 paise per unit 75.00% 28.22
Performance (%)
Scheme/ NAV/ Index 1 Yr 3 Yrs I n c e pIndex Name Va lue
Growth Fund 39.6770 55.79% 54.02% 44.42%
Benchmark 3071.05 47.11% 45.03% 34.50%
Benchmark Index: S & P CNX Nifty
Note: Annualised Returns for 1 year and CAGR for more than 1
year period
Sector Security Name % of Grand % of SectorTotal Total
EQUITY SHARES
Industrial Manufacturing Bharat Heavy Electricals Ltd 3.03
15.34Bharat Electronics Ltd 2.79Asea Brown Boveri Ltd 2.47Crompton
Greaves Ltd 2.37Larsen and Toubro Ltd 1.72Siemens Ltd 1.56Punj
Lloyd Ltd 1.41
Consumer Goods Bajaj Hindustan Ltd 2.72 10.42ITC Ltd 2.63Tata
Tea Ltd 1.82KCP Sugar and Industries Corp. Ltd. 1.76Hindustan Lever
Ltd 1.49
IT Infosys Technologies Ltd 5.56 9.13Tata Consultancy Services
Ltd 2.84Satyam Computer Services Ltd. 0.73
Automobile Bajaj Auto Ltd 4.36 9.11Mahindra & Mahindra Ltd
3.89Maruti Udyog Ltd. 0.86
Cement & Cement Products Shri Digvijay Cement Co. Ltd * 4.84
7.40Century Textiles & Industries Ltd 2.56
Energy Oil & Natural Gas Corp Ltd 3.55 5.94National Thermal
Power Corp Ltd 2.38
Telecom Mahanagar Telephone Nigam Ltd 3.09 5.08Reliance
Communication Ventures Ltd 1.99
Metals Sterlite Industries Ltd 2.97 5.04Maharashtra Seamless Ltd
2.08
Pharma Glaxo Smithkline Pharmaceuticals Ltd. 3.00 3.00Financial
Services HDFC LTD 2.86 2.86Textiles Raymond Ltd 2.49 2.49Services
GE Shipping Ltd 2.01 2.01Construction Patel Engineering Ltd. 0.17
0.17Equity TEquity TEquity TEquity TEquity Totalotalotalotalotal
77.9977.9977.9977.9977.99 77.9977.9977.9977.9977.99Current Assets
22.01 22.01Grand TGrand TGrand TGrand TGrand Totalotalotalotalotal
100.00100.00100.00100.00100.00 100.00100.00100.00100.00100.00* -
Includes Rights entitlement
15.34%
10.42%
9.13%
9.11%
7.40%
5.94%
5.08%
5.04%
3.00%
2.86%
2.49%
2.01%
0.17%
22.01%
Industrial Manufacturing
Consumer Goods
IT
Automobile
Cement & Cement Products
Energy
Telecom
Metals
Pharma
Financial Services
Textiles
Services
Construction
Current Assets
Sahara
-
SchemeF E A T U R E S
Minimum Application amount : Rs. 1000/- and in multiples of Re.
1/- thereafter.Load Structure (w.e.f. 01/02/2006) Entry Load :
2.25% for investments < Rs. 1cr ; NIL : for investments >=
Rs. 1crExit Load : Nil
Entry Load : Nil - for SIP/STP investments into Sahara MidCap
FundExit Load : Normal entry load would be charged as exit load if
redeemed before 12 months for such SIP/STPinvestments.
Scheme Objective
The investment objective of the scheme is to achieve long term
capital growth
at medium level of risks by investing primarily in mid-cap
stocks. The investment
manager will have the discretion to invest upto 100% of the
assets in the
portfolio in equity/equity related instruments at a given point
of time.
Scheme Type
An open - ended growth fund
Investor Profile:
Ideal for investors seeking high returns at relatively medium
risk across
long term horizon.
Investment Option:
Investors under the Sahara Midcap Fund have the choice of Growth
Plan,
Dividend Plan, Growth Auto-payout Plan and Bonus Plan.
Benchmark Index (w.e.f. 1/08/2005): Inception Date:
S&P CNX 500 December 31, 2004
NAV as on May 31st, 2006
Dividend - Rs. 14.9022 Growth - Rs. 16.6935
Auto Payout - Rs. 16.6935 Bonus - Rs. 16.6935
MIDCAP FUND
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6
Sector-wise Asset DistributionAsset Allocation
Performance (%)
Scheme/ NAV/Index Value 1 Yr * I n c e pIndex Name
Midcap Fund 16.6935 53.82% 43.55%
Benchmark 2635.25 43.62% 30.62%
Benchmark Index: S&P CNX 500 *Annualised Returns
Dividend HistoryRecord R a t e % of Div Cum DivD a t e
NAV(Rs)20.09.2005 Rs. 1.50 paise per unit 15.00% 14.2829
Dividend DeclaredDividend declared on the face value of Rs.
10/-
Past performance may or may not be sustained in future
Sector Security Name % of Grand % of SectorTotal Total
EQUITY SHARES
Consumer Goods EID Parry (India) Ltd. 4.88 23.79
Balrampur Chini Mills Ltd 3.39
Tata Tea Ltd 3.34
Titan Industries Ltd 3.00
Rajshree Sugars & Chemicals Ltd 2.46
Sakthi Sugar Ltd 2.09
Dhampur Sugar Mills Ltd 2.05
Voltas Ltd 1.43
KCP Sugar and Industries Corporation Ltd. 1.16
Industrial Manufacturing Crompton Greaves Ltd 5.10 21.35
SKF India Ltd. 3.28
Manugraph India Ltd 2.76
FCI OEN Connectors Ltd. 2.48
Jyoti Structures Ltd 2.08
KSB Pumps Ltd. 1.85
EMCO Limited 1.67
Indo Asian Fusegear Ltd 1.19
Atlas Copco (India) Ltd 0.95
Cement & Cement Products Shri Digvijay Cement Co. Ltd * 7.03
13.69
Century Textiles & Industries Ltd 4.62
Visaka Industries Ltd 2.03
Textiles Gangotri Textiles Ltd 4.41 8.85
Raymond Ltd 3.36
Aditya Birla Nuvo 1.08
IT Tata Infotech Ltd ( now TCS Ltd) 3.76 6.27
Geodesic Information Systems Ltd 2.50
Metals Maharashtra Seamless Ltd 3.46 5.39
Jindal Saw Ltd 1.94
Financial Services Tata Investment Corporation Ltd. 3.94
3.94
Fertilisers & Pesticides Gujarat Narmada Valley Fert Co. Ltd
2.04 3.57
Gujarat State Fertilisers Corp Ltd 1.53
Energy Torrent Power AEC Ltd 2.28 3.36
Indraprastha Gas Ltd 1.09
Chemicals Gujarat Alkalies and Chemicals Ltd 1.80 3.29
Atul Ltd. 1.49
Pharma Matrix Laboratories Ltd 1.28 1.28
Paper Ballarpur industries Ltd 1.01 1.01
Construction Patel Engineering Ltd 0.21 0.21
Equity TEquity TEquity TEquity TEquity Totalotalotalotalotal
96.0096.0096.0096.0096.00 96.0096.0096.0096.0096.00
Current Assets 4.00 4.00
Grand TGrand TGrand TGrand TGrand Totalotalotalotalotal
100.00100.00100.00100.00100.00 100.00100.00100.00100.00100.00
* - Includes Rights entitlement
23.79%
21.35%
13.69%
8.85%
6.27%
5.39%
3.94%
3.57%
3.36%
1.28%
3.29%
1.01%
0.21%
4.00%
Consumer Goods
Industrial Manufacturing
Cement & Cement Products
Textiles
IT
Metals
Financial Services
Fertilisers & Pesticides
Energy
Chemicals
Pharma
Paper
Construction
Current Assets
Sahara
-
SchemeF E A T U R E S
WEALTH PLUS FUND
Scheme Objective
The Primary objective of the fund would be to invest in equity
and equity
related instruments of companies that would be wealth builders
in the long
term.
Scheme Type
An open - ended growth scheme
Investor Profile:
Ideal for investors seeking consistent and growing returns over
a long
period of time.
Investment Option:
Investors have the choice of optionA) Fixed Pricing Option
1) Dividend Option including Dividend Reinvestment2) Growth
Option
B) Variable Pricing Option1) Dividend Option including Dividend
Reinvestment
2) Growth Option
Benchmark Index:
S&P CNX 500
Inception Date: 1st September 2005
NAV as on May 31st, 2006
Fixed Pricing Option (Dividend Option) - Rs. 12.3418
Fixed Pricing Option (Growth Option) - Rs. 12.3418
Variable Pricing Option (Dividend Option) - Rs. 12.3964
Variable Pricing Option (Growth Option) - Rs. 12.3964
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6
Sector-wise Asset DistributionAsset Allocation Performance (%) -
Absolute Returns
Scheme/ NAV/ Index S i n c eIndex Name Incept ion
Wealth Plus Fund-VariablePricing Option 12.3964 23.96%
Wealth Plus Fund- FixedPricing Option 12.3418 23.42%
Benchmark 2635.25 22.94%
Benchmark Index: S&P CNX 500
Inception: 01/09/2005
Minimum application amount :Rs. 1000/- and additional
investments of Rs. 500 and in multiples of Re. 1/- thereafter.Load
Structure (w.e.f. 01/02/2006) Entry Load : 2.25% for investments
< Rs. 1cr ; NIL: for investment >= Rs. 1 crExit Load :
Nil
Entry Load : For SIP/STP investments into Sahara Wealth Plus
Fund - Nil.Exit Load : Normal entry load would be charged as exit
load if redeemed before 12 months for such SIP/STP investments.
Past performance may or may not be sustained in future
Sector Security Name % of Grand % of SectorTotal Total
EQUITY SHARES
Industrial Manufacturing Bharat Heavy Electricals Ltd 4.53
25.65
Bharat Electronics Ltd 4.34
Larsen and Toubro Ltd 4.32
Siemens Ltd 3.90
Crompton Greaves Ltd 3.40
Asea Brown Boveri Ltd 2.76
EMCO Ltd 2.40
Consumer Goods ITC Ltd 4.59 9.96
Balrampur Chini Mills Ltd 3.74
Andhra Sugar Ltd 1.64
IT Infosys Technologies Ltd 4.61 8.50
Tata Consultancy Services Ltd 3.89
Metals Sterlite Industries Ltd 4.26 8.22
Hindalco Industries Ltd 3.95
Automobile Mahindra & Mahindra Ltd 3.87 7.68
Bajaj Auto Ltd 3.80
Energy Oil & Natural Gas Corp Ltd 3.10 6.88
Reliance Industries Ltd. 3.78
Financial Services HDFC Ltd 2.67 4.63
Tata Investment Corporation Ltd. 1.96
Chemicals Hikal Ltd 3.21 3.21
Pharma Glaxo Smithkline Pharmaceuticals Ltd 3.13 3.13
Textiles Raymond Ltd 1.86 1.86
Equity TEquity TEquity TEquity TEquity Totalotalotalotalotal
79.7279.7279.7279.7279.72 79.7279.7279.7279.7279.72
DEBT INSTRUMENTSDEBT INSTRUMENTSDEBT INSTRUMENTSDEBT
INSTRUMENTSDEBT INSTRUMENTS
Floating Rate NCDs Sterlite Industries Ltd 3.96 3.96
Money Market InstrumentMoney Market InstrumentMoney Market
InstrumentMoney Market InstrumentMoney Market Instrument
Certificate of Deposit State Bank of Travancore 7.14 7.14
Current AssetsCurrent AssetsCurrent AssetsCurrent AssetsCurrent
Assets 9.189.189.189.189.18 9.189.189.189.189.18
Grand Total 100.00 100.00
Portfolio ROE24.34%
25.65%
9.96%
8.50%
8.22%
7.68%
6.88%
4.63%
3.21%
3.13%
1.86%
3.96%
7.14%
9.18%
Industrial Manufacturing
Consumer Goods
It
Metals
Automobile
Energy
Financial Services
Chemicals
Pharma
Textiles
Floating Rate NCDs
Certificate of Deposit
Current Assets
Sahara
-
SchemeF E A T U R E S
INFRASTRUCTURE FUND
Past performance may or may not be sustained in future
Scheme ObjectiveThe investment objective is to provide income
distribution and / or mediumto long term capital gains by investing
predominantly in equity/ equityrelated instruments of companies in
the infrastructure sector.
Scheme TypeAn open-ended growth scheme.
Investor Profile:Ideal for investors seeking consistent and
growing returns over a longperiod of time.
Investment Option:Investors have the choice of optionA) Fixed
Pricing Option
1) Dividend Option including Dividend Reinvestment2) Growth
Option
B) Variable Pricing Option1) Dividend Option including Dividend
Reinvestment2) Growth Option
Inception Date:April 3, 2006
NAV as on May 31st, 2006Fixed Pricing Option - Dividend Option
Rs 9.1537Fixed Pricing Option - Growth Option Rs 9.1537Variable
Pricing Option - Dividend Option Rs. 9.1617Variable Pricing Option
- Growth Option Rs. 9.1617
Benchmark Index:S & P CNX Nifty
Minimum application amount Rs. 1000/- under Growth Option and Rs
5000/- under Dividend Option and additionalinvestments in multiples
of Re. 1/- thereafter. Load Structure (w.e.f. 07.04.2006)Entry
load: 2.25% for investments < Rs.1 cr; Nil; for investments
>= Rs. 1 crExit Load: Nil
Entry Load: For SIP/STP investments into Sahara Infrastructure
Fund - Nil.Exit Load: Normal entry load would be charged as exit
load if redeemed within 365 days for such SIP/STP investments.
Performance (%) - Absolute Returns
Scheme/ NAV/ Index S i n c eIndex Name Incept ion
Infrastructure Fund-VariablePricing Option 9.1617 -8.38%
Infrastructure Fund - FixedPricing Option 9.1537 -8.46%
Benchmark 3071.05 -11.83%
Benchmark Index: S & P CNX Nifty Inception: 03/04/2006
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6Sector Security Name %
of Grand % of Sector
Total Total
EQUITY SHARESIndustrial Manufacturing Bharat Heavy Electricals
Ltd 4.12 33.96
Siemens Ltd 3.80Larsen and Toubro Ltd 3.65Bharat Electronics Ltd
3.38Crompton Greaves Ltd 2.82Alfa Laval India Ltd 2.61Asea Brown
Boveri Ltd 2.58Jyoti Structures Ltd 2.54Punj Lloyd Ltd 2.46Emco Ltd
2.31KSB Pumps Ltd. 1.61Indo Asian Fusegear Ltd 1.37Walchandnagar
Industries Ltd 0.71
Energy National Thermal Power Corp Ltd 5.03 12.82Torrent Power
AEC Ltd 1.86Oil & Natural Gas Corp Ltd 1.72Indian Oil
Corporation Ltd 1.60Gas Authority Of India Ltd 1.44Indraprastha Gas
Ltd 1.16
Metals Maharashtra Seamless Ltd 2.40 8.97Sterlite Industries Ltd
1.99Jindal Saw Limited 1.94Gujarat Mineral Development Corpn Ltd
1.62Monnet Ispat Ltd 1.02
Telecom Videsh Sanchar Nigam Ltd 2.94 6.59Tata Teleservices Ltd
1.83Reliance Communication Ventures Ltd 1.82
Financial Services HDFC Ltd 2.78 4.10UTI Bank Ltd 1.32
Services GE Shipping Ltd 2.20 3.90ABG Shipyard Ltd 1.71
Cement & Cement Products Jai Prakash Associates Ltd. 3.23
3.23IT Infosys Technologies Ltd 2.70 2.70Construction Hindustan
Construction Company Ltd 1.61 2.60
Gammon India Ltd. 0.79Patel Engineering Ltd 0.21
Consumer Goods Voltas Ltd 2.46 2.46Automobile Mahindra &
Mahindra Ltd 1.89 1.89Equity TEquity TEquity TEquity TEquity
Totalotalotalotalotal 83.2283.2283.2283.2283.22
83.2283.2283.2283.2283.22Money Market InstrumentMoney Market
InstrumentMoney Market InstrumentMoney Market InstrumentMoney
Market InstrumentCertificate of Deposit State Bank of Travancore
5.51 5.51Current AssetsCurrent AssetsCurrent AssetsCurrent
AssetsCurrent Assets 11.2711.2711.2711.2711.27
11.2711.2711.2711.2711.27Grand TGrand TGrand TGrand TGrand
Totalotalotalotalotal 100.00100.00100.00100.00100.00
100.00100.00100.00100.00100.00
Sector-wise Asset DistributionAsset Allocation
33.96%
12.82%
8.97%
6.59%
4.10%
3.90%
3.23%
2.70%
2.60%
2.46%
1.89%
5.51%
11.27%
INDUSTRIAL MANUFACTURING
ENERGY
METALS
TELECOM
FINANCIAL SERVICES
SERVICES
CEMENT & CEMENT PRODUCTS
IT
CONSTRUCTION
CONSUMER GOODS
AUTOMOBILE
Certificate of Deposit
Current Assets
Sahara
-
SchemeF E A T U R E S
Gilt Fund Minimum Application Amount : Rs. 5000/- And Additional
Investments In Multiples of Rs. 1000/-Load Structure (w.e.f.
01/02/2006) Entry Load : NilExit Load : < Rs. 5cr : 1% if
redeemed before 1year; => Rs 5cr: NILShort Term Plan Minimum
Application amount : Rs. 5000/- in multiples of Rs. 1000/-
thereafter.Entry Load : NilExit Load : Nil
SHORT TERM PLAN
Scheme ObjectiveTo generate risk free return and thus provide
medium to long term capitalgains with income distribution along
with capital gains to its unit holders, atall times emphasizing the
importance of capital preservation.
Scheme TypeAn open - ended Gilt fund
Investor Profile:Ideal for investors with low-moderate risk
appetite, PF trusts, FinancialInstitutions/Banks &
Corporates.
Investment Option:Investors under the Sahara Gilt Fund have the
choice ofa) Growthb) Dividend Payout and Dividend Reinvestment
Option.
Inception Date:February 21, 2002
NAV as on May 31st, 2006Dividend - Rs. 10.8979Growth - Rs.
11.9171
Benchmark Index:I Sec Composite Index
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6
AVERAGE MATURITY TENOR : 0.0027 years
Performance (%)Scheme/ NAV/ Index 1 Yr 3 Yrs I n c e pIndex Name
Va lueGrowth Opt 11.9171 4.46% 2.6773% 4.2651%
Benchmark 3594.9683 4.79% 4.061% NA
Benchmark Index: I Sec Composite Index* Base date of index being
31/03/2002Note: Annualised Returns for 1 year and CAGR for more
than 1 year period
Portfolio Rating % of Portfolio
Net Current Assets/Reverse Repo 100.00% 100.00%
TOTAL 100.00%
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6
AVERAGE MATURITY TENOR : 10 days
Scheme ObjectiveThe Primary Objective of Sahara Income Fund is
to generate regular incomeand secondary objective is growth of
capital through investment in debtinstruments, money market and
related instruments, whilst at all timesemphasizing the importance
of capital preservation.
(The overall objective of Sahara Short Term Plan would be in
consonancewith the investment objective of Sahara Income Fund;
however the specificobjective is to generate returns that would
endeavour to generate returnsin line with Mibor linked short term
papers with daily call/put option.)
Scheme TypeAn open - ended Short Term Plan
Investor Profile:Ideal for investors who have a short-term
investment horizon and wish toavoid high volatility but expect
superior returns than the Liquid Funds.
Investment Option:Investors under the Sahara STP have the choice
ofa) Growth Optionb) Dividend Payout Option and Dividend
Reinvestment Option.
Inception Date:September 11, 2002
NAV as on May 31st, 2006Dividend - Rs. 11.1052Growth - Rs.
12.3314
Benchmark Index:Crisil Liquid Fund index
Asset Allocation
Performance (%)Scheme/ NAV/Index 6 Mths 1 Yr IncepIndex Name
Value
Growth Plan 12.3314 4.9221% 5.3687% 5.7637%
Benchmark 1223.5456 5.9463% 5.3046% 4.9573%Benchmark Index:
Crisil Liquid Fund indexNote: Annualised returns
Portfolio Rating % of Portfolio
Certificate of Deposit 10.00
State Bank of Travancore P1+ 10.00%
Net Current Assets/Reverse Repo 90.00% 90.00
TOTAL 100.00%
Certificate of Deposit
90.0%
10.0%
GILT FUNDSahara Sahara
-
SchemeF E A T U R E S
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6
AVERAGE MATURITY TENOR : 76 days
Scheme ObjectiveTo create a highly liquid portfolio of good
quality debt as well as moneymarket instruments with a view to
provide high liquidity and reasonablereturns to the Unit
holders.
Scheme Type Inception Date:An open - ended liquid scheme
February 19, 2002
Investor Profile:Ideal for investors who wish to park their
short term surpluses at relativelylow risk. Corporate and High Net
Worth investors and individual investorswho have temporary
surpluses can benefit from this scheme.
Investment Options:
NAV as on May 31st, 2006Fixed Pricing - Daily Dividend Option -
Rs. 1024.3354 Fixed Pricing - Growth Option - Rs. 1269.5376 Fixed
Pricing - Weekly Dividend Option - Rs. 1024.6207 Fixed Pricing -
Monthly Dividend Option - Rs. 1023.8567 Variable Pricing - Daily
Dividend Option - Rs. 1024.3461 Variable Pricing - Weekly Dividend
Option - Rs. 1025.2823Variable Pricing - Monthly Dividend Option -
Rs. 1025.4577 Variable Pricing - Growth Option - Rs. 1271.2305 The
Face Value of the units have been changed from Rs. 10/- per unit to
Rs. 1000/- per unit by consolidation
of units w.e.f. 27th October,2005.
Also, the Variable Pricing Option has been introduced under the
scheme w.e.f. 27th October, 2005.
Rating indicates that the fund portfolio holdings provide very
strong protection against losses from credit defaults.
Disclaimer clause: The rating of CRISIL is not an opinion of the
Asset Management Company's willingness or ability
to make timely payments to the Investors. The rating is also not
an opinion on the stability of the NAV of the fund,
which could vary with market developments.
Rating Profile
Daily Dividend declaration w.e.f. February 26th, 2004Past
performance may or may not be sustained in future
Performance (%)Scheme/ NAV/Index 7 days 14 days 1 Mth 6 Mths 1
Yr IncepIndex Name Value
Variable PricingGrowth Option 1271.2305 5.6255% 5.6522% 5.7563%
5.9532% N.A 5.9351%
Fixed PricingGrowth Option 1269.5376 5.4272% 5.4535% 5.5583%
5.7103% 5.6471% 5.71354%
Benchmark 1223.5456 4.9543% 5.1062% 5.5879% 5.9463% 5.3046%
N.A**
**Base date of index being 31/03/2002Returns -
AnnualisedValuation of securities is being done by CRISIL
Benchmark Index: Crisil Liquid Fund Index
Minimum Application amount : Rs. 10000/- and additional
investments in multiples ofRs. 5000/-
Entry Load : NilExit Load : Nil
LIQUID FUND
Asset Allocation
Fixed Pricing Option Variable Pricing Option(a) (i) Dividend
Re-investment Option- (a) (i) Dividend Re-investment Option-
Daily Dividend / Weekly Dividend / Daily Dividend / Weekly
Dividend /Monthly Dividend Monthly Dividend(ii) Payout – Monthly
Dividend (ii) Payout – Monthly Dividend
(b) Growth Option (b) Growth Option
CRISILRatingAAAf
Value Research Debt- Ultra Short TermRATINGS * * * *
Portfolio Rating % of Portfolio
COMMERCIAL PAPER/CDs 52.61%
UCO Bank Ltd P1+ 16.18%
UTI Bank Ltd P1+ 16.17%
IDBI Ltd P1+ 8.21%
ABN Amro Bank A1+ 7.93%
State Bank of Travancore P1+ 4.12%
FLOATING RATE NCDs 30.42%
Power Finance Corporation Ltd AAA 8.55%
Sterlite Industries Ltd P1+ 5.13%
Citi Financial Consumer Finance India Ltd AAA 4.27%
Kotak Mahindra Primus Ltd P1+ 4.27%
Berger Paints Ltd P1+ 4.27%
HUDCO Ltd PR1+ 3.93%
BONDS/ NCDs/PTC 8.59%
ICICI Bank Ltd PTC AAA(SO) 4.37%
UTI Bank Ltd PTC AAA(SO) 4.22%
SHORT TERM DEPOSITS 4.27%
Lakshmi Vilas Bank Ltd FD 4.27%
Net Current Assets/Reverse Repo 4.11% 4.11%
TOTAL 100.00%
95.73%
4.27%
Sahara
-
SchemeF E A T U R E S
INCOME FUND
Minimum Application amount : Rs. 3000/- in multiples of Rs.
1000/- thereafter.Load Structure (w.e.f. 01/02/2006) Entry Load :
NilExit Load : < = Rs. 10 lakhs : 0.50% if redeemed within 6
months; > Rs. 10 lacs: Nil
Dividend DeclaredDividend declared on the face value of Rs.
10/-
Past performance may or may not be sustained in future
P o r t f o l i o a s o n 31. 0 5. 2 0 0 6 Scheme
ObjectivePrimary objective of the scheme is to generate regular
income and thesecondary objective is growth of capital through
investments in debtinstruments, money market and related
securities, while at all timesemphasizing the importance of capital
preservation.
Scheme TypeAn open - ended Income fund
Investor Profile:Ideal for investors seeking reasonable returns
at relatively low risk across amedium to long term investment
horizon.
Investment Option:Investors under the Sahara Income Fund have
the choice of Growth,Dividend and Dividend Reinvestment
options.
Inception Date:February 21, 2002
NAV as on May 31st, 2006Dividend - Rs. 11.0871Growth - Rs.
12.3180
Benchmark Index:Crisil Composite Bond Fund Index
Asset Allocation
Rating Profile
Performance (%)Scheme/ NAV/Index 1 Yr 3 Yrs IncepIndex Name Va
lue
Growth Plan 12.3180 4.0003% 3.8114% 5.0759%
Benchmark 1263.3238 3.7737% 3.2978% N.A*
Benchmark Index: Crisil Composite Bond Fund Index
* Base date of index being 31/03/2002
Note: Annualised Returns for 1 year and CAGR for more than 1
year period
Dividend History:Record Date R a t e % of Div Cum Div
NAV(Rs)
07.11.2002 20 paise per unit 2.00% 10.4409
06.02.2003 25 paise per unit 2.50% 10.5300
12.05.2003 18 paise per unit 1.80% 10.4246
12.08.2003 22 paise per unit 2.20% 12.5339
15.10.2003 17.5 paise per unit 1.80% 10.6654
Portfolio Rating % of Portfolio
COMMERCIAL PAPER/CDs 72.86%
State Bank of Travancore P1+ 64.32%
ABN Amro Bank A1+ 8.54%
FLOATING RATE NCDs 20.10%
HUDCO Ltd PR1+ 20.10%
Net Current Assets/Reverse Repo 7.04% 7.04%
TOTAL 100.00%
AVERAGE MATURITY TENOR : 0.28 years
72.86%
20.10%
7.04%
92.96%
7.04%
Sahara
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