Mf+recommendations

HDFC TOP 200 - Growth
Large Cap Fund May 2012

Fund Objective Analysis
The fund seeks to achieve long-term capital The flagship fund of HDFC AMC which was years across and has been more in line with the
appreciation and current income from a balanced launched in September 1996 hold the maximum industry. Its substantial and consistent track record
corpus amongst all schemes of around Rs. 11,381 visible with the fund's since inception return of
portfolio with a target allocation of 60% equity,
Crores, way higher than many of the AMC's total around 20% itself makes it a best choice amongst
40% debt and money market securities.
asset under management. In fact, this is the fund investors. Managing vast assets has not made
most famous amongst investors to start with safer the fund underperform the peers or benchmark
Portfolio Manager investing into Equity markets. Many consider with it delivering returns for last three years of
Mr. Prashant Jain (ED & CIO) (CFA - AIMR (USA), investment into this fund as the first step towards around 17% on a CAGR basis, whereas the
investing. benchmark, BSE-200 delivered a return of around
PGDM-IIM (Bangalore) B.Tech. - IIT) has been
11% for the same period.
The fund's investment universe comprises of any
managing the Scheme through its inception. Mr.
company that is a part of the BSE 200 or qualifies A flagship scheme wit h consi stency in i ts
Prashant Jain has 19 Years of experience in fund
to be a part of that index, including initial public performance as well as being a very well diversified
management and research in Mutual Fund offerings. The fund targets around 60 per cent of fund apart from being large cap focused, a quality
Industry. He Joined HDFC Asset Management the portfolio in the BSE 200 stocks. Banks, IT, portfolio and a manager who has been delivering
Company Limited on 20th July 2003. Mr. Rakesh Automobiles and Engineering are few of its major alpha under major business cycles, this fund is
sector allocation. It currently holds around 32 trusted by most and is fairly justified in its long
Vyas is also the Fund Manager for the fund.
stocks from across 23 sectors. term performance and lesser deviation into risky
avenues.
Investment Information The fund's performance has been stable for the

Inception Date 03-Sep-1996 Asset Allocation Market Capitalization (%)
Minimum Investment 5,000.00
O thers
Incremental Investment 1,000.00 Cash & Debt
1 9%
Cash 1%
AUM(Cr)as on Mar 2012 11,381.06 Debt Small Large Cap
Equivale
Expense Ratio 1.77 n ts Cap
Mid Cap
5% 6%
Equity
Benchmark BSE-200 Small Cap

52 Week High 215.84 Cash & Cash Mid Cap Others
Equivalents 1% Larg e
52 Week Low 168.05 Equity Cap
Latest Nav (17 May, 2012) 182.67 94% 74%

Entry Load NIL
NAV V/s BSE 200 Annualized Yearly Rolling Return (%)
Exit Load 1.00

HDFC To p 200 (G) BSE-20 0 HDFC Top 200 (G ) BSE-200
Other Attributes 60
250
50
Avg Mat Days N.A. 200
40
PE 19.21 150
30
PB 4.19 100
20
50 10
0 0
Trailing Return (%)
Sep-00

Sep-02

Sep-04

Sep-06
Sep-96
Se p-97
Sep-98
Se p-99

Se p-01

Se p-03

Se p-05

Se p-07
Sep-08
Se p-09
Sep-10
Se p-11

-10
<1yr= Absolute Return BSE 200 Mar-08 Mar-0 9 Mar-10 Mar-11 Mar-12
>1 yr=CAGR
1 Month (9.80) (8.31) Top 5 Sector Allocations Top 5 Holdings
3 Months (13.10) (12.30) Sector Assets (%) Company Assets (%)
Unspecified 18.69 State Bank Of India 8.57
6 Months 0.08 (0.51)
Bank - Public 12.53 ICICI Bank Ltd. 5.94
1 Year (11.38) (11.86) Bank - Private 10.28 ITC Ltd. 5.86
3 Years 16.47 11.30 IT - Software 9.58 Infosys Ltd. 5.68
Cigarettes/Tobacco 5.86 HDFC Bank Ltd. 3.10
5 Years 9.54 2.76
Total Sectors 23.00 Total 32.00

SIP of Rs. 1000 per month (from the 1st April 2009 to 31st March 2012) Risk Analysis
Period Total No. of units Total Amount Present Yield Profit Std. Dev. 1.63 Beta 0.84
accumulated Invested Value % SIP R-Squared 0.97 Jensen's Alpha 0.03
Sharpe 0.03 Tracking Error 0.47
3 Years 200.07 36,000.00 40,405.39 12.24 4,405.39
Treynor 0.06 SORTINO 0.05
The perfo rmance is a s on May, 2 012 • Portfo lio d etails as o n Apri l, 201 2 • Source: ACEMF, SSL Resea rch

SBICAP Securities Limited

SBI Magnum Emerging Businesses(D)
Mid/Small Cap Fund MAY 2012

To provi de t he investors maximum growth The fund launched in October 2004 has an objective What has been the most attractive of the fund is its
opportunity through equity investments in stocks of of investing in growth oriented sectors of the ability to deliver high returns in bull phase as well
growth oriented sectors of the economy and also to economy that are considered emerging. A class hold better than peers in bear markets as visible in
participate in the growth potential presented by performer in its category of mid and small cap fund, its 2011 performance. It delivered a substantial
various companies that are considered emergent
the fund has an allocation of around 39% in small return of around 13% in the last one year, whereas
and have expor t or ientati on/outsourci ng
cap and around 18% in mid cap and around 35% in the benchmark BSE-500 delivered a negative 12%.
opportunities or are globally competitive by investing
large cap stocks. The fund is currently invested On a three year basis the fund has delivered a return
in the stocks representing such companies. The fund
may also evaluate emerging businesses with growth around 9% in cash. of around 34% whereas the benchmark delivered
potential and domestic focus. 12% for the same period.
The fund's stock selection ability has delivered has
been that of some of the best stocks like Page The funds high performance and is suitable for a
Portfolio Manager
Industries, Hawkins cookers, Goodyear India, etc. High risk High investor category of risk takers. It is
Mr. R. Sri nivasan (Senior Fund Manager - Pharma, finance and Banking, Textile and IT sectors certainly one of the best funds under the category
Equities) (B.Com, AICWA) has collectively over are few of its biggest bets. The fund currently hold of Mid and Small cap and one can take this fund
16 years of experience in the area of financial few best selected stocks with latest being around into consideration after his allocation to other less
services. Prior to joining SBI MF, he was heading
26 from across 22 sectors. The AUM of the fund is risky funds.
'Public Markets' at Future Capital Holdings, asset
currently of around Rs. 561.34 Crores.
management and financial services of the Future
Group. He has also worked with Principal PNB
AM C as a port folio m anager and wi th Asset Allocation Market Capitalization (%)
Oppenheimer & Co (Blackstone).
Others Others
Investment Information 9% 8% Larg e Cap
35%
Inception Date 11-Oct-2004
Large Cap
Mid Cap
Incremental Investment 500.00 Small Cap
AUM(Cr)as on Mar 2012 561.34 Equity Sma ll Cap Others
Expense Ratio 2.35 91% 39%
Mid Cap
Benchmark BSE-500 Equity Others
18%
52 Week High 17.70
52 Week Low 14.28 NAV V/s BSE 500 Annualized Yearly Rolling Return (%)
Latest Nav (17 May, 2012) 14.55
Entry Load Nil SBI Mag num Emerging Businesses(D) SBI Mag num Emerging Businesses(D)
Exit Load 1.00 BSE-500 BSE-500
60
100
Other Attributes 50
80
40
60
Avg Mat Days N.A. 30 40
PE 21.20 20
20
10 0
PB 6.11
0 -20
Oct -0 8

Trailing Return (%)
Oct-04
Jun-05
Feb-06
Oct-06
Jun-07

Ju n-09
Feb-08

Oct-10
Feb-10

Jun-11
Feb-12

-40
Mar-08 Mar-09 Mar-10 Mar-1 1 Mar-12
<1yr= Absolute Return BSE-500
>1 yr=CAGR
Top 5 Sector Allocations Top 5 Holdings
1 Month -3.83 -8.34
Sector Assets (%) Company Assets (%)
3 Months 0.77 -12.07
Other 8.36 Page Industries Ltd. 6.86
6 Months 4.99 -0.50 Pharmaceuticals & Drugs 8.28 HDFC Bank Ltd. 6.42
1 Year 12.82 -12.07 Finance - Investment 7.61 Tata Consultancy Services Ltd. 6.32
Textile 6.86 Bajaj Holdings & Investment Ltd 6.23
3 Years 34.24 11.84
Bank - Private 6.42 Muthoot Finance Ltd 6.17
5 Years 8.05 2.39 Total Sectors 22.00 Total Stocks 26.00

3 Years 1062.18 36,000.00 46,532.13 29.26 10,532.13


Canara Robeco Equity Diversified (G)
Multi Cap Fund MAY 2012

To generate capital appreciation by investing in Launched in September 2003, the fund is a Multi delivered its best yearly performance from March
equity and equity related securities. cap Fund diversified with a Large cap exposure of '09 to March '10 wherein it achieved return of around
~82% and Mid-Small cap exposure standing at 140.63% as against its benchmark BSE-200's return
~13% as on Month ended April, 2012. The fund is of around 124.07% for the same period. In case of
currently around 94% invested in equities with the worst performance, its performance has not been
rest being in Cash. that risky as its worst yearly performance was of
Portfolio Manager Mr. Anand Shah, whose other funds under Canara about -54.42% which fell lesser than the benchmark
Robeco were of the top performers, was initially performance at around -59.11%
Mr. Soumendra Nath Lahiri (Head - Equities) (B.E,
PGDM) has been managing the scheme since June the fund manager of the scheme since July 2009. When calculated on a rolling period basis, the recent
The fund is currently managed by Mr. Soumendra performance of the fund is at around 14% and 45%
2009. Mr. Lahiri has 22 years of experience, out
Nath Lahiri. for the last two years which is way higher than the
of which 16 years is in research and asset benchmark performance of around 6% and 30%,
The fund holds more than 50 stocks from across
management with Emkay Global Services, Fortuna respectively.
almost all sectors. Banks, IT and Pharma consists
Capital, DSP Merrill Lynch, and Dolat Capital of Major allocation with the likes of HDFC Bank, A very well diversified portfolio, consistent
Market Ltd. amongst others. Infosys, ITC, etc. The AUM of the fund is currently performance during the bull phase as well as lesser
of around Rs. 542.78 Crores. downside risk is the quality of the fund, making it a
In respect to the performance, the fund has best in diversified category.

Investment Information
Inception Date 31-Mar-1996
Asset Allocation Market Capitalization (%)
Minimum Investment 5000.00 Cash & Oth ers Large Ca p
Debt Small
Incremental Investment 1000.00 6%
Mid Cap
6% Cap
AUM(Cr)as on Mar 2012 310.79 4% Small Cap
Expense Ratio 2.08 Mid Cap Oth ers
9%
Benchmark BSE 200
52 Week High 32.02 Equity Large
94%
52 Week Low 29.59 Cap
Equity Cash & Debt 81%
Latest Nav (17 May, 2012) 31.58
Entry Load (%) 0.00 NAV V/s BSE 200 Annualized Yearly Rolling Return (%)
Exit Load (%) 1.00
Ca nara Ro beco Eq D ivers ified(G)
Canara Robeco Eq Diversified(G)
Other Attributes BSE-200
BSE-200
70
Avg Mat Days 365.00 60 50
50 40
PE N.A. 40 30
30
PB N.A. 20
20
10
10
Trailing Return (%) 0 0
Sep- 03

Jul-04

Mar-06

Nov- 07

Sep- 08

Mar-11
Jul- 09
May-05

Jan-07

May-10

Jan-12

-10
<1yr= Absolute Return BSE-200 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12
>1 yr=CAGR
6 Months 1.35 (0.51) Bank - Private 15.84 HDFC Bank Ltd. 6.00
IT - Software 8.32 Infosys Ltd. 5.61
1 Year (4.04) (11.86)
Pharmaceuticals & Drugs 6.62 ITC Ltd. 4.63
3 Years 19.05 11.30 Bank - Public 6.24 ICICI Bank Ltd. 4.55
5 Years 10.04 2.76 Refineries 6.10 State Bank Of India 3.83
Total Sectors 31.00 Total Stocks 51.00

3 Years 756.26 36,000.00 41,549.37 15.41 5,549.37


HDFC Tax Saver
ELSS Fund May 2012

The investment objective of the Scheme is to The fund was launched in March 1996 with benchmark as well as peers on three year as well
currently holding an AUM of around Rs. 3,114 as five years basis, it has generated a good return
achieve long term growth of capital
Crore. A long track record of consistently decent with a CAGR of ~20% compared to the benchmark
performance of the fund like the other funds of return of ~12% for 3 years. When compared on a
HDFC has been its greatest advantage. The fund Rolling return basis, it has been a benchmark
Portfolio Manager is currently managed by Mr. Vinay R. Kulkarni and beater for consecutive periods. On the ratios front,
Mr. Rakesh Vyas. the fund has shown a Sharpe of 0.02 with the
Mr. Vinay R. Kulkarni (Senior Fund Manager - Market Sensitivity (Beta) of 0.77.
As per the latest portfolio, the Fund currently has
Equities) is B. Tech (IIT Mumbai), PGDM (IIM,
an Equity portion of around 87%, and the rest in A long track record of successful performance has
Bangalore) has collectively over 22 years of Debt and Cash. The Market Capitalization of the been the biggest key for investment into this Fund.
experience, of which 20 years in Fund Management Fund is diversified with Large Cap constituting of In fact, along with other Tax saving fund, one can
around 65% and Mid Cap exposure of around 10%. allocate to these diversified ELSS Fund.
and Equity Research with AMCs like UTI Asset
The Sector of Bank, Pharma and IT are preferred.
Management as Fund Manager and 2 years in IT The ELSS Category has seen this fund performing
SBI, TCS and IT consists of its major composition
with a consistency in its genes and therefore for
Industry with Patni Computer Systems. of the overall 35 stocks from 29 sectors.
the one's preferring with lesser of risk and higher
The fund's performance has been consistent since of diversification, this fund can certainly prove a
its launch except it hitting a roadblock during the good bet.
Investment Information great fall of 2007. Consistently, beating the

Inception Date 31-Mar-1996 Asset Allocation Market Capitalization (%)
Minimum Investment 500.00
Others Others
Incremental Investment 500.00 11% 13%
AUM(Cr) as on Mar-2012 3114.05 Large Cap Unspecif
Debt ied
Expense Ratio 1.85 Mid Cap
2% 11%
Benchmark S&P CNX 500 Unspecified
Equity Ot hers Mid Cap
52 Week High 240.19 10%
87% Large
52 Week Low 189.27
Cap
Latest Nav (14 May, 2012) 206.25 Equity Debt Others 66%
Entry Load NIL
NAV V/s S&P CNX 500 Annualized Yearly Rolling Return (%)
Exit Load NIL
HDFC TaxSaver(G ) S&P CNX 500 HDFC TaxSaver(G) S&P CNX 500

Other Attributes 400
250
350
Avg Mat Days N.A. 300 200
250 150
PE 19.01 200
100
150
PB 4.49
100 50
50
0
0
Trailing Return (%) -50
Aug-00
Oct-01
Dec-02
Feb-04
Apr-05
Jun-06
Aug-07
Oct-08
Dec-09
Feb-11
Apr-12
Jun-99

Mar-04

Mar-06

Mar-08

Mar-10

Mar-12
Mar-05

Mar-07

Mar-09

Mar-11

<1yr= Absolute Return S&P CNX 500
>1 yr=CAGR
Unspecified 11.48 Other Equities 11.48
6 Months (2.05) (4.11)
Bank - Public 9.04 State Bank Of India 6.67
1 Year (9.99) (12.54) IT - Software 9.00 Tata Consultancy Services Ltd. 5.10
3 Years 20.42 11.92 Pharmaceuticals & Drugs 8.84 ITC Ltd. 4.29
Other 7.12 Infosys Ltd. 3.90
5 Years 7.39 2.67

SIP of Rs.1000 per month (from the 1st April 2009 to 31st March 2012) Risk Analysis
3 Years 65.65 36,000.00 41,001.22 13.89 5,001.22


Canara Robeco Equity Tax Saver
ELSS Fund MAY 2012

To provide long term capital appreciation by Launched since March 1993, Canara Robeco Equity able to beat the benchmark as well as peers on
predominantly investing in equities to facilitate the Tax Saver was earlier known as Canpep '93. The three year as well as five years basis. It has been
subscribers to seek tax benefits as provided under scheme was converted into open ended plan from the top performer too. On a three years basis, the
May 1999. fund has generated a good return with a CAGR of
Section 80 C of the Income Tax Act, 1961.
Mr. Anand Shah, whose other funds under Canara ~21% compared to the benchmark return of ~11%
However, there can be no assurance that the
Robeco were of the top performers, was initially for the same period. On the ratios front, the fund
investment objective of the scheme will be realized. has shown a Sharpe of 0.03 with the Market
the fund manager of the scheme since July 2009.
The fund is currently managed by Mr. Soumendra Sensitivity (Beta) of 0.81.
Portfolio Manager
Nath Lahiri. The fund has achieved exceptional performance in
Mr. Soumendra Nath Lahiri (Head - Equities) (B.E, the past few years. Although, the Funds star
The Fund currently has an Equity portion of around
PGDM) has been managing the scheme since June 93%, and the rest in Cash. Allocated Majorly into performer of the Past Mr. Anand Shah quit in early
2009. Mr. Lahiri has 22 years of experience, out Large Cap Stocks, the fund holds more than 50 2011, the Fund has been in consistent in its
stocks from across almost all sectors. Banks and performance under Mr. Lahiri too.
of w hi ch 16 year s in research and asset
management with Emkay Global Services, Fortuna IT consists of Major allocation with the likes of HDFC With it being the last year for ELSS Category for
Bank, ICICI Bank, SBI Bank, etc. The Fund Holds the Tax Savers, this Fund with its superior stock
Capital, DSP Merrill Lynch, and Dolat Capital
cash of around 5-7%. selection and fund management skills can prove a
Market Ltd. amongst others. good bet.
In respect to the performance, the Fund has been
Minimum Investment 500.00
Incremental Investment 500.00 Others
Others,
AUM(Cr)as on Mar 2012 362.34 7% 6.60 Large Cap
Small
Cap, 5.07 Mid Cap
Expense Ratio 2.32
Small Cap
Benchmark BSE-100
Others
52 Week High 18.85
Equity
52 Week Low 15.78 Mid Cap,
93% Large
Latest Nav (14 May, 2012) 16.34 10.46 Ca p,
Equity Others 77.87
Entry Load NIL
Exit Load NIL NAV V/s BSE 100 Annualized Yearly Rolling Return (%)
Canara Robe co Eq uity Tax Save r(D) Canar a Robeco Equity Tax S aver(D) BSE-100

Other Attributes BSE-10 0 100
100 80
Avg Mat Days 1.83 80 60
PE 20.57 60 40

PB 4.82 40 20
20 0
Trailing Return (%) -
-20
Feb-02
Dec-02

Au g-04
Ju n-05

Feb-07
Dec-07

Au g-09
Ju n-10

Feb-12
Apr-01

Oct-03

Apr-06

Oct-08

Apr-11

Mar-04

Mar-06

Mar-07

Mar-08

Mar-11

Mar-12
Mar-05

Mar-09

Mar-10

<1yr= Absolute Return BSE-100
>1 yr=CAGR
6 Months (0.86) (4.57) Bank - Private 15.20 HDFC Bank Ltd. 6.36
IT - Software 8.67 Infosys Ltd. 5.69
1 Year (4.87) (12.26)
Pharmaceuticals & Drugs 7.25 ICICI Bank Ltd. 4.81
3 Years 21.51 11.72 Bank - Public 6.25 ITC Ltd. 3.42
5 Years 12.19 3.53 Refineries 5.57 Reliance Industries Ltd. 3.11

Period Total No. of units Total Amount Present Yield Profit Stand. Deviation 1.63 Beta 0.81
3 Years 331.89 36,000.00 41,688.29 15.80 5,688.29


HDFC Prudence Fund - Growth
Balanced Fund May 2012

The fund seeks to achieve long-term capital The fund ever since its launch in February 1994 whereas the benchmark, Crisil Balanced Fund
has been one of the most trusted funds for Index delivered a return of around 9% for the same
appreciation and current income from a balanced
investments into the Balanced Category. The same period.
portfolio with a target allocation of 60% equity, is visible with a gigantic Corpus/AUM built up by
The Scheme is managed by one of the most
40% debt and money market securities. the fund of Rs. 6200 Crores. The fund has an
successful and well known Fund Manager in the
excellent track record in its performance since the
Indian Mutual Fund Industry - Mr. Prashant Jain.
Portfolio Manager beginning of its launch and has given an average
His other funds of HDFC Equity and HDFC Top
return of more than 18% since its inception.
Mr. Prashant Jain (ED & CIO) (CFA - AIMR (USA), 200 are of size around Rs. 20,000 Crores when
Being a Balanced fund the Equity Allocation of the Combined together (higher than many of the other
PGDM-IIM (Bangalore) B.Tech. - IIT) has been
fund has around 72% and debt allocation standing AMC's overall AUM itself) and also one of the best
managing the Scheme through its inception. Mr. at around 22% for the latest available Month. The performing ones in the industry since long time.
Prashant Jain has 19 Years of experience in fund equity portion is majorly invested into Large Cap
Balanced Fund is the category suggestible for most
management and research in Mutual Fund with around 42% and a small portion being in small
of the beginner and conservative investors. This
Industry. He Joined HDFC Asset Management and midcap.
fund can certainly cater to investors who wish less
Company Limited on 20th July 2003. Mr. Rakesh On the performance front, the fund's return has volatility and stable returns. Overall, HDFC
Vyas is also the Fund Manager for the fund. been exceptional when compared to benchmark Prudence can be considered as an initial or priority
as well as peers. The fund's returns for last three scheme suggestible to almost all class of investors.
Investment Information years have been of around 23% on a CAGR basis,

Inception Date 01-Feb-1994 Asset Allocation Market Capitalization (%)
Ot hers
Others
Incremental Investment 1,000.00 15% La rge
7% Debt
C ap
AUM(Cr)as on Mar 2012 6,248.60 22%
42%
Expense Ratio 1.79 O th er
Equ ity
Benchmark Crisil Balanced Fund Index 2 8%
Small
52 Week High 221.30 Cap Mid Cap
Equit y 13%
52 Week Low 183.13 71%
2%
Large Cap Mid Cap Small Cap
Latest Nav (17 May, 2012) 203.94 Debt Equity Others
Othe r Equ it y Others
Entry Load -
NAV V/s S&P CNX Nifty* Annualized Yearly Rolling Return (%)
Exit Load 1.00

HDFC Prudence(G) S&P CNX Nifty HDFC Prudence(G) Crisil Balanced Fund Index
Other Attributes 50
300
Avg Mat Days N.A> 250 40

PE 16.91 200 30

150
PB 4.21 20
100
10
50
0
Trailing Return (%) 0
Feb-94
Feb-95

Feb-97
Feb-98

Feb-00
Feb-01
Feb-02

Feb-04
Feb-05

Feb-08
Feb-09

Feb-11
Feb-12
Feb-96

Feb-99

Feb-03

Feb-06
Feb-07

Feb-10

-10
<1yr= Absolute Return Crisil Balanced Mar-08 Mar-09 Mar-10 Mar-11 Mar-12
>1 yr=CAGR Fund Index
1 Month -6.01 -5.19 Top 5 Sector Allocations Top 5 Holdings
3 Months -6.88 -7.79 Sector Assets (%) Company Assets (%)
Unspecified 14.81 Other Equities 14.81
6 Months 4.37 0.89
Bank - Public 11.18 State Bank Of India 5.63
1 Year -3.34 -3.93 Other 10.49 ICICI Bank Ltd. 3.70
3 Years 22.54 8.88 Bank - Private 4.69 Page Industries Ltd. 3.44
IT - Software 4.55 Bank Of Baroda 2.47
5 Years 11.47 5.37

3 Years 200.60 36,000.00 42,957.43 19.33 6,957.43
* Compared with S&P CNX Nifty as CRISIL Balanced Index data is unavailable The perfo rmance is a s on May, 2 012 • Portfo lio d etails as o n Apri l, 201 2 • Source: ACEMF, SSL Resea rch


Canara Robeco MIP (G)
MIP Fund MAY 2012

To generate income by investing in a wide range The fund was launched in March 1996 as a Monthly The AUM of the fund is currently of around Rs.
of debt securities and money market instruments Income Plan fund. Being an MIP its portfolio consists 310.78 Crores.
of various maturities and risk profile and a small of an asset allocation of majorly into Debt and
In respect to the performance, the fund has
portion of investment in equities and equity related Money market instruments for current income and
delivered its best yearly performance from October
instruments. a small portion in Equity for growth. As of the latest
2008 -2009, wherein it achieved return of around
available portfolio on April 2012, the fund holds a
Portfolio Manager debt allocation of around 75% and equity exposure
~32% as against its benchmark Crisil MIP Blended
Index's return of around ~21% for the same period.
Mr. Ritesh Kumar Jain (Head - Fixed Income) of around 20%. On a trailing return basis, the fund has beaten its
(B.Com, M.B.E) has over 10 years of experience.
The fund is managed by Mr. Ritesh Jain, whose benchmark on a three years as well as five years
Before joining with Canara Robeco, Mr. Jain has
other debt funds under Canara Robeco have been basis.
worked with IDBI Bank Ltd., Mumbai as Manager,
performing consistently well. In fact, the fund
Treasury (1998-2001) as well as with Kotak Under the Category of MIP this fund has been a
manager was recently awarded the Best Debt fund
Mahindra Asset Management Co. Ltd., Mumbai consistent performer and a choice for the ones
as Fund Manager (2002-2007) and as Head - Fixed manager for the year award.
expecting a steady cash flow on a monthly basis.
income (2007- Till April 2008). Mr. Jain was In the terms of portfolio, the fund holds mostly The MIP category is most suitable for retired and
recently awarded as Debt Fund Manager of the financial and banking sectors with likes of HDFC conservative investors aiming at protection of capital
year award. Ltd, Central Bank of India, Oriental Bank of and income.
Commerce, etc as few of its major constituents.
Inception Date 16-Sep-2003
Minimum Investment 5,000.00 Oth ers L arge
5% Cap
Incremental Investment 1,000.00 Large Cap
16% Mid Cap
Equity
AUM(Cr)as on Mar 2012 542.78 Mid Ca p 3%
20%
Small Ca p
Expense Ratio 2.25
Small
Others
Benchmark CRISIL MIP Blended Index Cap
De bt 1%
52 Week High 56.74
75% O thers
52 Week Low 47.53 80%
Debt Equity Oth ers
Latest Nav (17 May, 2012) 51.84
Entry Load NIL NAV V/s S&P CNX Nifty* Annualized Yearly Rolling Return (%)
Exit Load 1.00
Canara Robeco MIP(G)
Canara Robeco MIP(G) Crisil MIP Blended Index
Other Attributes S&P CNX Nif ty
20
14
18
12
Avg Mat Days 1.83 10
16
14
PE 20.74 8 12
6 10
PB 5.06 4 8
2 6
0 4
Trailing Return (%)
Jan -0 8

Nov-08

Sep-09

Jul-10
Dec-10
May-11

Mar-12
Jun-08

Apr-09

Feb-10

Oct-11

2
0
<1yr= Absolute Return Crisil MIP Mar-08 Mar-09 Mar- 10 Mar-11 Mar-12
>1 yr=CAGR Blended Index
1 Month -0.91 -0.82 Top 5 Sector Allocations Top 5 Holdings
3 Months 0.76 -0.49 Sector Assets (%) Company Assets (%)
6 Months 4.05 4.05 Bank - Public 24.62 HDFC Ltd. 10.13
Finance - NBFC 13.20 Central Bank Of India 8.35
1 Year 6.52 5.66
Finance - Housing 10.13 Tata Motors Finance Ltd. 8.27
3 Years 9.00 6.47 Steel/Sponge Iron/Pig Iron 8.12 Jindal Steel & Power Ltd. 8.12
5 Years 9.81 6.85 Finance Term Lending 5.08 Oriental Bank Of Commerce 7.79

3 Years 1280.75 36,000.00 40,181.25 11.61 4,181.25
* Compared with S&P CNX Nifty as CRISIL MIP Blended Index data is unavailable The perfo rmance is a s on May, 2 012 • Portfo lio d etails as o n Apri l, 201 2 • Source: ACEMF, SSL Resea rch


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