MUTUAL FUND WEEKLY UPDATE 03 February 2014 Prepared by: Kamla Devi [email protected]CONTENTS Industry & Fund Update 1-2 Dividend 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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HDFC MF introduces FMP 840D January 2014 (1)HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC FMP 840D January 2014 (1), a close ended income scheme. The NFO opens for subscription on
Jan 30, 2014, and closes on Feb 04, 2014. 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.
HDFC MF introduces Rajiv Gandhi Equity Savings Scheme - Series 2HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC Rajiv Gandhi Equity Savings Scheme - Series 2, a close ended growth scheme. The NFO opens
for subscription on Jan 30, 2014, and closes on Feb 24, 2014. The investment objective of the scheme is to generate long term capital appreciation from a
portfolio of Eligible Securities as specified in Rajiv Gandhi Equity Savings Scheme. There is no assurance that the investment objective of the Scheme will be
realized.
ICICI Prudential MF introduces Fixed Maturity Plan-Series 72-366 Days Plan KICICI Prudential Mutual Fund has launched the New Fund Offer (NFO) of ICICI Prudential Fixed Maturity Plan-Series 72-366 Days Plan K, a Close Ended Income
scheme. The NFO opens for subscription on Jan 29, 2014, and closes on Feb 4, 2014. 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.
IDFC MF introduces Fixed Term Plan Series -67IDFC Mutual Fund has launched the New Fund Offer (NFO) of IDFC Fixed Term Plan Series -67, a Close Ended Income scheme. The NFO opens for subscription on
Jan 30, 2014, and closes on Feb 5, 2014. The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market
instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the objectives of the scheme will be realized.
IDFC MF introduces Fixed Term Plan Series -69IDFC Mutual Fund has launched the New Fund Offer (NFO) of IDFC Fixed Term Plan Series -69, a Close Ended Income scheme. The NFO opens for subscription on
Jan 30, 2014, and closes on Feb 5, 2014. The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market
instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the objectives of the scheme will be realized.
IDFC MF introduces Fixed Term Plan Series -70IDFC Mutual Fund has launched the New Fund Offer (NFO) of IDFC Fixed Term Plan Series -70, a Close Ended Income scheme. The NFO opens for subscription on
Jan 30, 2014, and closes on Feb 6, 2014. The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market
instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the objectives of the scheme will be realized.
IDFC MF introduces Fixed Term Plan Series -71IDFC Mutual Fund has launched the New Fund Offer (NFO) of IDFC Fixed Term Plan Series -71, a Close Ended Income scheme. The NFO opens for subscription on
Jan 30, 2014, and closes on Feb 5, 2014. The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market
instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the objectives of the scheme will be realized.
DSP Blackrock Mutual Fund files offer document for FMP-Series 161 to 175DSP Blackrock Mutual Fund has filed offer document with SEBI to launch a Close Ended Income Schemes named as “DSP Blackrock FMP-Series 161 to 175”. The
New Fund Offer price is Rs 10 per unit. The investment objective of the scheme is to o 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. There is no assurance
that the investment objective of the Scheme will be realized.
DSP Blackrock Mutual Fund files offer document for FTP-Series 41 to 43DSP Blackrock Mutual Fund has filed offer document with SEBI to launch a Close Ended Income Schemes named as “DSP Blackrock FTP-Series 41 to 43”. The New
Fund Offer price is Rs 10 per unit. 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 Schemes.
DSP Blackrock Mutual Fund files offer document for Dual Advantage Fund-Series 26 to 28DSP Blackrock Mutual Fund has filed offer document with SEBI to launch a Close Ended Income Schemes named as “DSP Blackrock Dual Advantage Fund-Series 26
to 28”. The New Fund Offer price is Rs 10 per unit. The investment objective of the scheme is to generate returns and seek capital appreciation by investing in a
portfolio of debt and money market securities. The schemes also seek to invest a portion of the portfolio in equity & equity related securities to achieve capital
appreciation. As far as investments in debt and money market securities are concerned, the Schemes will invest only in securities which mature on or before the
date of maturity of the Schemes. There is no assurance that the investment objective of the Schemes will be realized
Tata MF introduces Fixed Maturity Plan Series 46 - Scheme KTata Mutual Fund has launched the New Fund Offer (NFO) of Tata Fixed Maturity Plan Series 46 - Scheme K, a close ended income scheme. The NFO opens for
subscription on Jan 27, 2014, and closes on Feb 3, 2014. 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.
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Tata MF introduces Fixed Maturity Plan Series 45- Scheme E (369 days)Tata Mutual Fund has launched the New Fund Offer (NFO) of Tata Fixed Maturity Plan Series 45- Scheme E (369 days), a close ended income scheme. The NFO
opens for subscription on Jan 30, 2014, and closes on Feb 4, 2014. 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.
Sundaram MF introduces Select Micro Cap Series III (5 Years)Sundaram Mutual Fund has launched the New Fund Offer (NFO) of Sundaram Select Micro Cap Series III (5 Years), a close ended growth scheme. The NFO opens for
subscription on Jan 28, 2014, and closes on Feb 11, 2014. The investment objective of the scheme is to seek capital appreciation by investing predominantly in
equity/equity-related instruments of companies that can be termed as micro-caps. A company whose market capitalisation is equal to or lower than that of the
301st stock by market cap on the NSE at the time of investment will be considered to be in micro-cap category.
Sundaram MF introduces Fixed Term Plan -EW (366 Days)Sundaram Mutual Fund has launched the New Fund Offer (NFO) of Sundaram Fixed Term Plan -EW (366 Days), a close ended income scheme. The NFO opens for
subscription on Jan 30, 2014, and closes on Feb 10, 2014. The investment objective of the scheme is to generate income with minimum volatility by investing in
debt and money market securities, which mature on or before the maturity of the scheme.
Sundaram MF introduces Fixed Term Plan -EX (420 Days)Sundaram Mutual Fund has launched the New Fund Offer (NFO) of Sundaram Fixed Term Plan -EX (420 Days), a Close Ended Income scheme. The NFO opens for
subscription on Jan 31, 2014, and closes on Feb 5, 2014. The investment objective of the scheme is to generate income with minimum volatility by investing in
debt and money market securities, which mature on or before the maturity of the scheme.
Baroda Pioneer Mutual Fund files offer document for Fixed Maturity Plan-Series N to QBaroda Pioneer Mutual Fund has filed offer document with SEBI to launch a Close Ended Debt Schemes named as “Baroda Pioneer Fixed Maturity Plan-Series N to
Q". 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 comprising of debt
instruments and money market instruments maturing on or before the maturity of the Scheme.
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DIVIDEND DECLARED
Tata Balanced Fund declares dividend
Tata Mutual Fund has announced dividend under the monthly dividend option under Plan A and Direct plan of Tata Balanced Fund. The record date for
declaration of dividend is February 05, 2014. The amount of the dividend will be Rs 0.20 per unit under each plan on the face value of Rs 10 per unit.
HDFC MF announces dividend under its schemes
HDFC Mutual Fund has announced dividend under HDFC Long Term Advantage Fund and HDFC Premier Multi-Cap Fund. The record date for declaration
of dividend is February 06, 2014. The recommended rate of dividend (Rs per unit) on the face value of Rs 10 per unit will be: HDFC Long Term Advantage
Fund – Dividend Option (Payout and Reinvestment): Rs 3.50 HDFC Long Term Advantage Fund – Direct Plan - Dividend Option (Payout and Reinvestment):
Rs 3.50 HDFC Premier Multi-Cap Fund - Dividend Option (Payout and Reinvestment): Rs 0.60 HDFC Premier Multi-Cap Fund – Direct Plan - Dividend
Option (Payout and Reinvestment): Rs 0.60.
ICICI Prudential Tax Plan declares dividend
ICICI Prudential Mutual Fund has dividend under the dividend option of ICICI Prudential Tax Plan - Regular Plan. The record date for declaration of
dividend is February 07, 2014. The recommended rate of dividend will be Rs 2 per unit on the face value of Rs 10 per unit.
Kotak 50 declares dividend
Kotak Mutual Fund has announced dividend under the dividend option of Kotak 50 - Non Direct Plan. The record date for declaration of dividend is
February 07, 2014. The quantum of dividend will be Rs 1 per unit on the face value of Rs 10 per unit.
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NEW FUND OFFER
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Growth Fund
Scheme Name ICICI Prudential Equity Savings Fund - Series 1 (G)
Fund Type Close-Ended
Fund Class Growth
Opens on 20-Jan-2014
Closes on 07-Feb-2014
Investment Objective To seek to generate capital appreciation, from a portfolio that is constituted of equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS). The Scheme may also invest a certain portion of its corpus in money market instruments from time to time.
Min. Investment Rs.5000/-
Fund Manager Mr. Manish Gunwani / Ventakesh Sanjeevi
Scheme Name SBI TAX Advantage Fund - Series III - Regular Plan (G)
Fund Type Close-Ended
Fund Class Growth
Opens on 28-Dec-2013
Closes on 27-Mar-2014
Investment Objective To generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.
Min. Investment Rs.500/-
Fund Manager Mr.Richard Dsouza
Scheme Name Birla Sun Life Focused Equity Fund - Series 1-Regular Plan (G)
Fund Type Close-Ended
Fund Class Growth
Opens on 15-Jan-2014
Closes on 13-Feb-2014
Investment Objective To generate capital appreciation, from a porstfolio of equity securities specified as eligible securities for Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS).
Min. Investment Rs.5000/-
Fund Manager Mr.Nishit Dholakia
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PERFORMANCE OF EQUITY FUNDS
Equity Diversified Funds:
Scheme Name NAV QAAUM 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 27.99 190.65 2.87 11.20 28.22 43.76 19.00 27.37 13.42 83.29 0.38 30.74
Reliance Small Cap Fund - Growth 11.75 310.48 -3.65 14.62 32.79 14.02 7.43 N.A 4.88 114.70 0.58 4.16
Tata Ethical Fund - Plan A - Growth 84.90 115.07 -0.32 5.06 13.50 13.83 10.61 25.66 16.57 72.19 0.50 9.78
SBI Magnum Midcap Fund - Growth 30.85 184.66 -1.27 14.06 30.20 13.04 11.58 25.72 13.58 111.64 0.64 13.77
Crisil Composite Bond Fund Index -- -- -44.74 -25.37 -15.37 8.78 7.21 4.72 3.44 6.07 45.07 --
Note: Indicative Quarterly Average Assets Under Management QAAUM (Latest) is including Growth & Dividend option. The above-mentioned data is on the basis of 31/01/2014 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 3 Day 1 Week 2 Weeks 1 Mon 2 Mon 3 Mon 1 Y S.I Std. Dev. Sharpe
FT India Dynamic PE Ratio FoF - Growth 46.54 992.35 -11.13 -87.51 -47.03 -26.30 -3.57 -6.21 0.25 16.06 87.59 0.05
PERFORMANCE OF GILT FUNDS
PERFORMANCE OF FUND OF FUNDS
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