MUTUAL FUND WEEKLY UPDATE 09 December 2013 Prepared by: Kamla Devi [email protected]CONTENTS Industry & Fund Update 1 Dividend 2-3 New Fund Offers 4 Performance of Equity Funds 5 Performance of Balanced Funds 6 Performance of Debt Funds 7 Performance of Fund Of Funds 8
It is a weekly report, which gives updation on Mutual Fund Industry such as various funds, declaration of dividend, along with the performances of top schemes in each category and list of the recommended funds. This report is to help the beginners or professional investors to invest in the best Mutual funds, review the existing funds and to compare the different funds for their investment purpose.
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Birla Sun Life MF introduces Fixed Term Plan - Series JF (367 days)
Birla Sun Life Mutual Fund has launched the New Fund Offer (NFO) of Birla Sun Life Fixed Term Plan - Series JF (367 days), a close ended income scheme. The NFO
opens for subscription on Dec 6, 2013, and closes on Dec 9, 2013. The investment objective of the scheme is to generate income by investing in a portfolio of fixed
income securities maturing on or before the duration of the scheme.
Sundaram MF introduces Hybrid Fund - Series D (3 years)
Sundaram Mutual Fund has launched the New Fund Offer (NFO) of Sundaram Hybrid Fund - Series D (3 years), a close ended income scheme. The NFO opens for
subscription on Dec 5, 2013, and closes on Dec 19, 2013. The investment objective of the scheme is to generate capital appreciation and current income, through
a judicious mix of investments in equities and fixed income securities.
ICICI Prudential MF introduces Fixed Maturity Plan-Series 71-505 Days Plan H
ICICI Prudential Mutual Fund has launched the New Fund Offer (NFO) of ICICI Prudential Fixed Maturity Plan-Series 71-505 Days Plan H, a close ended income
scheme. The NFO opens for subscription on Dec 5, 2013, and closes on Dec 10, 2013. The investment objective of the scheme is to generate income by investing in
a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. However, there can be no assurance that the
investment objective of the Scheme will be realized.
DSP BlackRock MF introduces FMP - Series 129 - 12M
DSP BlackRock Mutual Fund has launched the New Fund Offer (NFO) of DSP BlackRock FMP - Series 129 - 12M, a Close Ended Income scheme. The NFO opens for
subscription on Dec 5, 2013, and closes on Dec 12, 2013. The investment objective of the scheme is to generate returns and 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 Scheme.
Reliance MF introduces Fixed Horizon Fund - XXV - Series 7
Reliance Mutual Fund has launched the New Fund Offer (NFO) of Reliance Fixed Horizon Fund - XXV - Series 7, a Close Ended Income scheme. The NFO opens for
subscription on Dec 4, 2013, and closes on Dec 10, 2013. The investment objective of the scheme is to generate returns and growth of capital by investing in a
diversified portfolio of the following securities which are maturing on or before the date of maturity of the scheme with the object of limiting interest rate
volatility Central and State Government securities and other fixed income/ debt securities.
HDFC MF introduces FMP 540D December 2013 (1)
HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC FMP 540D December 2013 (1), a close ended income scheme. The NFO opens for subscription
on Dec 4, 2013, and closes on Dec 9, 2013. The investment objective of the scheme is 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). There is no assurance that the investment objective of
the Scheme will be realized.
Kotak Mutual Fund files offer document for FMP Series 133-153
Kotak Mutual Fund has filed offer document with SEBI to launch Close ended debt scheme(s)named as "Kotak FMP Series 133-153". The New Fund Offer price is Rs
10 per unit. The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to reduce the
interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.
L&T MF introduces FMP - Series IX-Plan H
L&T Mutual Fund has launched the New Fund Offer (NFO) of L&T FMP -Series IX-Plan H, a Close Ended Income scheme. The NFO opens for subscription on Dec 3,
2013, and closes on Dec 13, 2013. The investment objective of the scheme is to achieve growth of capital through investments made in a basket of debt/fixed
income securities (including money market instruments) maturing on or before the maturity of the Scheme. The Scheme does not assure or guarantee any
returns
Baroda Pioneer Mutual Fund files offer document for Money Market Opportunities Fund
Baroda Pioneer Mutual Fund has filed offer document with SEBI to launch an open ended money market scheme named as "Baroda Pioneer Money Market
Opportunities Fund". The New Fund Offer price is Rs 10 per unit. The investment objective of the scheme is to generate income by investing in a diversified
portfolio of money market instruments. There is no assurance or guarantee that the investment objective of the Scheme will be realized.
UTI Mutual Fund files offer document for Medium Term Fund
UTI Mutual Fund has filed offer document with SEBI to launch an open ended money market scheme named as "UTI Medium Term Fund". The New Fund Offer price
is Rs 10 per unit. The investment objective of the scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of
money market securities and high quality debt.
HDFC Mutual Fund files offer document for Capital Protection Oriented Fund - Series II
HDFC Mutual Fund has filed offer document with SEBI to launch a Close-ended Capital Protection Oriented Income Scheme named as "HDFC Capital Protection
Oriented Fund - Series II". The New Fund Offer price is Rs 10 per unit. The investment objective of the scheme is to generate returns by investing in a portfolio of
debt and money market instruments which mature on or before the date of maturity of the Scheme. The Scheme also seeks to invest a portion of the portfolio in
equity and equity related instruments to achieve capital appreciation. There is no assurance that the investment objective of the Scheme will be realized.
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INDUSTRY & FUND UPDATE
Kotak Mutual Fund files offer document for Hybrid Fixed Term Plan Series 2 and 3
Kotak Mutual Fund has filed offer document with SEBI to launch a close ended debt scheme named as "Kotak Hybrid Fixed Term Plan Series 2 and 3". The New Fund
Offer price is Rs 10 per unit. The investment objective of the scheme is to generate income and minimize interest rate volatility by investing in Debt & Money
Market securities that mature on or before the maturity of the scheme, and also to generate capital appreciation by investing in equity/ equity related
instruments
JP Morgan Mutual Fund files offer document for Fixed Maturity Plan -Series 32-34
JP Morgan Mutual Fund has filed offer document with SEBI to launch a close ended income schemes named as "JP Morgan Fixed Maturity Plan -Series 32-34". The
New Fund Offer price is Rs 10 per unit. The investment objective of the scheme is to generate income through investments in Debt Securities/Money Market
Instruments and Government of India Securities ("GoI Securities") maturing on or before the maturity date of the Scheme.
ICICI Prudential Mutual Fund files offer document for Value Fund-Series 3 and 4
ICICI Prudential Mutual Fund has filed offer document with SEBI to launch a close ended equity scheme named as "ICICI Prudential Value Fund–Series 3 and 4". The
New Fund Offer price is Rs 10 per unit. The investment objective of the scheme is to provide capital appreciation by investing in a well diversified portfolio of
stocks through fundamental analysis.
Union KBC MF introduces FTIF Series XVII - II (369 DAYS)
Union KBC Mutual Fund has launched the New Fund Offer (NFO) of Union FTIF Series XVII - II (369 DAYS), a Close Ended Income scheme. The NFO opens for
subscription on Dec 2, 2013, and closes on Dec 13, 2013. The investment objective of the scheme is to seek capital protection on maturity by investing in fixed
income securities maturing on or before the tenure of the scheme and seeking capital appreciation by investing in equity and equity related instruments.
However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. The
Scheme is “oriented towards protection of capital” and not “with guaranteed returns.”
Tata MF introduces Fixed Maturity Plan Series 46- Scheme B (366 days from the date of allotment)
Tata Mutual Fund has launched the New Fund Offer (NFO) of Tata Fixed Maturity Plan Series 46- Scheme B (366 days from the date of allotment), a Close Ended
Income scheme. The NFO opens for subscription on Dec 2, 2013, and closes on Dec 9, 2013. The investment objective of the scheme is to generate income and /
or capital appreciation by investing in wide range of Fixed Income Instruments having maturity in line with the maturity of a scheme. The maturity of all
investments shall be equal to or less than the maturity of a scheme. However, there is no assurance or guarantee that the investment objective of the Scheme
will be achieved. The scheme does not assure or guarantee any returns.
ICICI Prudential MF introduces Capital Protection Oriented Fund IV - PLAN G - 60 Months Plan
ICICI Prudential Mutual Fund has launched the New Fund Offer (NFO) of ICICI Prudential Capital Protection Oriented Fund IV - PLAN G - 60 Months Plan, a Close
Ended Income scheme. The NFO opens for subscription on Dec 2, 2013, and closes on Dec 16, 2013. The investment objective of the scheme is to protect capital
by investing a portion of the portfolio in highest rated debt securities and money market instruments and also to provide capital appreciation by investing the
balance in equity and equity related securities. The securities would mature on or before the maturity of the Plan under the Scheme. However, there can be no
assurance that the investment objective of the Scheme will be realized.
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DIVIDEND
Tata MF declares dividend under FMP Series 38 Scheme B
Tata (MF) has declared dividend under periodic dividend option of Tata Fixed Maturity Plan Series 38 Scheme B. The record date for dividend is
December 09, 2013. The amount of dividend will be entire distributable surplus on the face value of Rs 10 per unit.
UTI MF declares dividend under FIIF - Annual Interval Plan VI
UTI (MF) has declared dividend under the dividend sub option of UTI Fixed Income Interval Fund - Annual Interval Plan VI. The record date for dividend is
December 09, 2013. The investment objective of the scheme is 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).
HDFC MF declares dividend under FMP 24M November 2011 (1)
HDFC (MF) has declared dividend under the normal dividend option and quarterly dividend option of HDFC FMP 24M November 2011 (1), a plan under
HDFC Fixed Maturity Plans-Series XIX, a closed ended income scheme. The record date for dividend is December 09, 2013. The investment objective of
the scheme is 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).
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NEW FUND OFFER
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Scheme Name Birla Sun Life Banking And Financial Services Fund - Regular Plan (G)
Fund Type Open-Ended
Fund Class Growth
Opens on 25-Nov-2013
Closes on 09-Dec-2013
Investment Objective To generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.
Min. Investment Rs.5000/-
Fund Manager Mr. Satyabrata Mohanty
Scheme Name ICICI Prudential FMP - Series 71 - 367 Days Plan G - Regular Plan (G)
Fund Type Close-Ended
Fund Class Growth
Opens on 05-Dec-2013
Closes on 9-Dec-2013
Investment Objective To seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme.
Min. Investment Rs.5000/-
Fund Manager Mr. Manish Banthia
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PERFORMANCE OF EQUITY FUNDS
Equity Diversified Funds:
Scheme Name NAV QAAUM (Latest) 1 Mon 3 Mon 6 Mon 1 Y 3 Y 5 Y S.I Std. Dev. Beta Jensen
ICICI Prudential Exports and Other Services Fund - G 25.86 155.04 1.93 14.32 31.87 36.54 11.96 25.70 12.57 1.63 0.39 0.53
Crisil Composite Bond Fund Index -- -- -0.03 6 18.21 4.43 6.95 8.39 4.12 6.05 47.23 --
Note: Indicative Quarterly Average Assets Under Management QAAUM (Latest) is including Growth & Dividend option. The above-mentioned data is on the basis of 06/12/2013 Beta, Jensen, Sharpe and Standard Deviation is calculated for the period: 1 Year, Frequency: Weekly Monday, RF: 7%. For debt fund the return are calculated annualized basis for less than 1 year.
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PERFORMANCE OF DEBT FUNDS
MIP Funds:
Scheme Name NAV QAAUM (Latest) 3 Day 1 Week 2 Weeks 1 Mon 2 Mon 3 Mon 1 Y S.I Std. Dev. Sharpe
ING Financial Planning Fund - Aggressive - Growth 11.40 51.82 76.59 51.84 72.53 13.37 33.62 36.79 0.72 5.20 81.91 0.04
PERFORMANCE OF GILT FUNDS
PERFORMANCE OF FUND OF FUNDS
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