TBNG Mutual Fund Report

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TBNG Mutual Fund Report

  1. 1. Visit us : www.tbngconsultants.com Jan’2011 TBNG’s Top Mutual Fund Picks Particulars Top Rated : Equity & Related Schemes Top Rated : Debt & Related Schemes Top Rated : Hybrid Schemes Top Rated : Retirement Plans Top Rated : Child Plans Top Rated : ELSS Disclaimer
  2. 2. Top Rated : Large Cap Equity Schemes Large Cap Funds in India are a kind of mutual fund which makes investments mainly in the shares of big companies. These funds are less volatile than mid cap and small cap funds. They are ideal investments for risk-averse/conservative investors wanting to enter the stock market without owning too much risk. Different mutual funds have different criteria for classifying companies as large cap. Generally, companies with a market capitalisation in excess of Rs 1000 crore are known large cap companies. Quartile Analysis Scheme Name 2007 2008 2009 2010 2011 410# 111 211 311 411 Franklin India Blue- 24 81 68 90 91 85 92 62 89 74 chip(G) DSPBR Top 100 Equity- 68 90 59 50 77 57 85 85 57 61 Reg.(G) HDFC Top 200(G) 37 95 91 92 40 55 83 60 35 24 Birla SL Frontline 55 74 80 73 58 75 72 51 43 56 Equity(G) ICICI Pru Focused Blue 0 0 84 94 94 98 98 68 74 98 Chip Equity-Ret(G) Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Turnover Expense Standard Beta Alpha Rating* (Crs) (%) Ratio Deviation 1Yr 3Yr 5Yr 10Yr Franklin India Blue- 5/5 -12.3 25.86 7.96 26.27 4261 26.87 1.82 22.68 0.83 7.13chip(G) DSPBR Top 100 5/5 -13.04 21.41 9.05 - 3051 277 1.85 21.6 0.8 3.63Equity-Reg.(G)HDFC Top 200(G) -16.71 26.76 9.9 29.53 10537 20.46 1.77 25.94 0.95 6.04 5/5Birla SL Frontline 5/5 -16.62 23.59 8.13 - 2805 49% 1.85 25.94 0.96 4.03Equity(G)ICICI Pru Focused 5/5Blue Chip Equity- -10.49 29.59 - - 3532 42 1.83 22.82 0.85 10.12Ret(G) * - Valueresearchonline Ratings Data as on 12th January 2012 # 4’10 represents forth calendar quarter of year 2010.
  3. 3. Top Rated : Mid & Small Cap Equity Schemes Mid & Small Cap Funds in India are a kind of mutual fund which makes investments mainly in the shares medium and small companies whose market capitalization is less then 1000Crs. This category is quite risky as compared to Large cap funds. Mid and small cap companies do provide manifold appreciation but a wrong call can hamper the portfolio on a whole. These funds tend to loose more in a volatile market. But in case of a bull phase this funds can outperform every other segment of mutual funds. Again one needs to be cautious. Quartile Analysis Scheme Name 2007 2008 2009 2010 2011 410 111 211 311 411 ICICI Pru Discovery(G) 4 82 97 79 100 95 92 32 5 100 IDFC Premier Equity-A(G) 100 97 46 92 74 85 46 65 97 74 0 100 30 95 53 97 77 95 71 53 HDFC Mid-Cap Oppor.(G) DSPBR Small & Mid Cap- 26 76 92 87 25 77 51 38 68 8 Reg.(G) Sundaram Select 52 73 84 55 47 - 38 82 42 47 Midcap(G) Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Turnover Expense Standard Beta Alpha Rating (Crs) (%) Ratio Deviation * 1Yr 3Yr 5Yr 10YrICICI Pru Discovery(G) -15.01 36.41 8.76 - 1664 68 1.93 28.22 0.97 13.85 4/5IDFC Premier Equity- 5/5 -9.79 33.52 17.03 - 2407 255 2.29 24.47 0.82 13.34A(G)HDFC Mid-Cap 4/5 -9.75 32.13 - - 1700 19.01 1.95 24.78 0.85 11.59Oppor.(G)DSPBR Small & Mid 4/5 -18.31 32.26 6.89 - 1168 155 1.99 30.82 1.04 9.87Cap-Reg.(G)Sundaram Select 4/5 -15.53 30.77 6.64 - 1999 18 1.88 36.99 1.24 7.17Midcap(G) * - Valueresearchonline Ratings Data as on 12th January 2012
  4. 4. Top Rated : MultiCap Cap Equity Schemes Multi cap fund are the one which preferably do not have any mandate of their investment avenues. Fund managers themselves identify the market conditions and shuffle among the stocks and sectors which he thinks may outperform. Multicap. Funds suits the most to investors who don’t want to reshuffle the asset allocation on a continuous basis depending on market conditions. Investment in Multicap fund can be more beneficial then into Mid and small cap fund as fund managers are assumed to be alert on market sentiments and move towards more defensive stocks and sectors for a time being to avoid huge losses. Many investors here should consider the practice of carrying a mix of mutual funds a prudent way to maintain the overall integrity of an investment strategy. Quartile Analysis Scheme Name 2007 2008 2009 2010 2011 410 111 211 311 411 Fidelity Equity(G) 54 74 64 90 73 73 89 32 73 56 ICICI Pru Dynamic(G) 17 97 54 67 80 95 100 53 28 68 Franklin India Prima 52 94 32 55 91 28 99 62 88 70 Plus(G) HDFC Equity(G) 46 77 92 97 28 78 70 60 14 21 UTI Oppur.(G) 80 81 85 54 98 87 71 69 96 94 Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Turnover Expense Standard Beta Alpha Rating (Crs) (%) Ratio Deviation * 1Yr 3Yr 5Yr 10YrFidelity Equity(G) -14.29 26.03 7.85 - 3370 9 1.84 22.98 0.85 7.25 5/5ICICI Pru Dynamic(G) -13.63 24.6 6.96 - 3962 108 1.82 20.39 0.73 5.91 4/5Franklin India Prima 4/5 -11.03 23.2 7 25.90 1787 24.36 1.92 24.31 0.89 4.37Plus(G)HDFC Equity(G) -19.58 29.55 9.14 28.97 9178 35.8 1.78 28.15 1.01 7.62 5/5UTI Oppur.(G) -6.54 29.91 12.86 - 2385 48.17 1.94 23.95 0.87 10.68 5/5 * - Valueresearchonline Ratings Data as on 12th January 2012
  5. 5. Top Rated : Infra Fund Infrastructure funds are part of a mutual fund category called thematic funds. Infrastructure, as a theme, covers several sectors like power utilities, power equipment and construction companies. Unlike technology sector mutual funds (at best, technology sector funds could buy stocks from telecom and media besides the software stocks it traditionally invests in), infrastructure funds are not restricted to a few sectors. Infrastructure funds Infrastructure sector on a whole is seen to be facing problems as of now. Considering long term, Infrastructure and Financial services are said to the key growth stimulator for the growing Indian economy. One who is ready to stand with slight higher risk can include infrastructure fund in his portfolio. Though at the same time one needs to be updated about news related to Infrastructure and power related sectors. Quartile Analysis Scheme Name 2007 2008 2009 2010 2011 410 111 211 311 411 Canara Robeco 89 50 65 79 95 48 100 82 95 82 Infrastructure(G) ICICI Pru Infrastructure(G) 100 100 24 68 71 100 81 41 41 77 HDFC Infrastructure(G) 0 0 82 100 19 19 86 59 14 14 Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Turnover Expense Standard Beta Alpha Rating* (Crs) (%) Ratio Deviatio 1Yr 3Yr 5Yr 10Yr nCanara Robeco 5/5 -14.01 23.11 6.08 - 119 20 2.43 29.23 1.03 2.46Infrastructure(G)ICICI Pru 5/5 -23.45 12.58 4.53 - 2114 77 1.89 23.11 0.85 -5.47Infrastructure(G)HDFC 3/5 -26.57 17.69 - - 736 41.89 2.05 31.63 1.11 -3.09Infrastructure(G) * - Valueresearchonline Ratings Data as on 12th January 2012 8
  6. 6. Top Rated : Pharma & Health Care Pharma Funds are again a thematic fund. Pharma funds invest into companies dealing with medicines and related accessories. Pharma fund normally are not as risky as other funds. Pharma companies are not much highly prone to bear market fall. One can invest into this theme considering a safe equity diversification. Quartile Analysis Scheme Name 2007 2008 2009 2010 2011 410 111 211 311 411 Reliance Pharma(G) 100 50 100 50 25 50 25 100 50 33 UTI Pharma & 75 100 25 100 50 100 50 50 75 67 Healthcare(G) Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Turnover Expense Standard Beta Alpha Rating (Crs) (%) Ratio Deviation * 1Yr 3Yr 5Yr 10YrReliance Pharma(G) -4.03 43.19 21.5 - 573 21 2.21 25.23 1.12 7.47 -UTI Pharma & - -5.75 29.52 11.45 17.54 93 84.76 2.5 17.64 0.87 3.72Healthcare(G) * - Valueresearchonline Ratings Data as on 12th January 2012
  7. 7. Top Rated : Dividend Yield Dividend yield mutual funds, which invest in high dividend paying stocks and companies with better cash flows, have managed to tide over the market volatility and have delivered good returns in the last fiscal. Dividends yields have been gaining importance day be day. These schemes get dual benefit of income from dividends as well as capital appreciation through the increase in stock prices over a period of time. In a bull phase, investors get both these benefits while in a bear phase, the investor can avail of the benefit of high dividends Quartile Analysis Scheme Name 2007 2008 2009 2010 2011 410 111 211 311 411 UTI Dividend Yield(G) 83 100 50 33 50 100 100 33 67 67 Tata Dividend Yield(G) 100 33 67 100 83 83 17 83 33 83 Birla SL Dividend Yield 33 83 83 83 33 33 67 67 83 50 Plus(G) Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Turnover Expens Standard Beta Alpha Rating* (Crs) (%) e Ratio Deviation 1Yr 3Yr 5Yr 10YrUTI Dividend Yield(G) -11.84 25.72 12.51 - 3451 39.39 1.84 20.81 0.75 8.78 5/5Tata Dividend Yield(G) -10.59 30.86 11.56 - 247 12 2.36 22.28 0.79 11.49 5/5Birla SL Dividend Yield 5/5 -11.67 28.43 12.08 - 1073 7 2.07 24.17 0.84 9.91Plus(G) * - Valueresearchonline Ratings Data as on 12th January 2012
  8. 8. Top Rated : Dynamic Bond Funds Dynamic Bond Funds: As the name suggests, give fund managers the flexibility to change the duration of the bond as and when needed, thus giving them more room in a changing interest rate scenario. Anticipation of more rate cuts by the Reserve Bank of India is prompting asset managers to increase the portfolio tenure of dynamic bond funds, fund researchers said. The consensus among fund managers is that the RBI will decrease key rates in future. So instead of investors taking a call on interest rate movement, dynamic bond fund offers opportunity to investors to tactically change the duration of portfolio to suit current market condition. One can invest in these scheme with 15 months and above horizon. Quartile Analysis Jul -Sep Oct-Dec Jan-Mar Apr-Jun Jul -Sep Oct-Dec Scheme Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 2010 2010 2011 2011 2011 2011 IDFC Dynamic Bond-A(G) 85 76 69 54 98 77 16 60 87 83 91 98 SBI Dynamic Bond(G) 70 96 20 89 100 94 100 94 25 98 72 100 Templeton India Income 48 35 85 93 23 33 94 23 62 91 80 51 Opp(G) UTI Bond(G) 98 93 72 41 96 69 47 52 45 100 96 92 Birla SL Income Plus-Ret(G) 94 57 17 11 71 85 29 42 100 30 56 42 UTI Dynamic Bond Fund- 96 7 35 46 50 50 76 96 58 70 41 55 Reg(G) Above table are percentile scores compared among their peers schemes Annualized Return Average Avg. Credit VR Scheme Since AUM (Cr.) Exit Load 1M 3M 1 Yr 3 Yr 5 Yr Maturity Quality Rating* InceptionIDFC Dynamic Bond-A(G) 15.53% 19.19% 11.50% 4.47% 9.18% 7.96% 3.7 AA 128 3/5 NilSBI Dynamic Bond(G) 19.28% 23.19% 12.92% 7.29% 4.06% 3.33% 4.29 AAA 70 4/5 1% within 365daysTempleton India Income 3% -180, 2% -365, 8.99% 9.42% 9.08% - - 8.20% 1.2 AA 3704 4/5Opp(G) 1% -540UTI Bond(G) 9.90% 16.86% 11.59% 5.45% 7.45% 8.65% 3.5 AAA 311 3/5 1.25%-180, 1%-365Birla SL Income Plus- 14.16% 16.44% 9.08% 5.21% 9.27% 10.01% - - 349 2/5 1% within 365daysRet(G)UTI Dynamic Bond Fund- 7.44% 12.01% 8.39% - - 7.91% 1.49 AA 1069 4/5 .5% within 30daysReg(G) * - Valueresearchonline Ratings Data as on 12th January 2012
  9. 9. Top Rated : Short Term Income Funds Short Term Income Funds : Are the mutual fund schemes that seek to generate income by investing in short term fixed income instruments. Generally these schemes invest in certificate of deposits, commercial paper and bonds with less than two year to maturity. One can invest in this scheme with 9 months and above horizon. Quartile Analysis Jul -Sep Oct-Dec Jan-Mar Apr-Jun Jul -Sep Oct-Dec Schemes Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 2010 2010 2011 2011 2011 2011 Birla SL Dynamic Bond-Ret(G) 78 69 61 63 46 46 67 46 83 77 83 68 IDFC SSIF-ST(G) 87 87 26 44 37 87 9 21 45 48 78 74 UTI ST Income(G) 98 85 33 13 93 89 73 52 12 98 91 85 Templeton India ST 41 54 63 78 43 35 61 25 31 83 46 52 Income(G) HDFC STP(G) 72 43 9 37 80 74 52 23 29 37 24 69 JPMorgan India ST Income(G) 70 80 93 100 81 57 64 83 71 41 81 89 Peerless ST - Reg(G) 81 72 89 96 83 61 0 88 100 80 80 87 Pramerica ST Income(G) 85 78 87 98 69 83 - - - 91 85 93 Above table are percentile scores compared among their peers schemes Annualized Return Average Avg. Credit VR Scheme Since AUM (Cr.) Exit Load 1M 3M 1 Yr 3 Yr 5 Yr Maturity Quality Rating* InceptionBirla SL Dynamic Bond- 12.68% 12.59% 9.56% 7.64% 9.37% 8.10% - - AUM 4/5 .5% within 180daysRet(G)IDFC SSIF-ST(G) 10.43% 10.38% 9.38% 6.45% 8.14% 7.21% 2.14 AA 3593 2/5 .5% within 180daysUTI ST Income(G) 9.38% 11.51% 9.74% 8.29% 8.33% 7.15% 2.24 AA 1375 4/5 1%-90, .5% - 180Templeton India ST 8.08% 8.84% 9.00% 8.68% 9.14% 7.72% 0.87 AA 294 4/5 .5% within 270daysIncome(G)HDFC STP(G) 9.25% 10.55% 8.76% 7.42% 8.91% 7.43% 1.7 AA 4673 2/5 .5% within 180daysJPMorgan India ST 9.77% 10.04% 9.54% - - 7.94% 0.29 AAA 850 2/5 .5% within 90daysIncome(G)Peerless ST - Reg(G) 10.16% 10.12% 13.08% - - 11.30% 0.14 - 364 - .5% within 15days * - Valueresearchonline RatingsPramerica ST Income(G) 10.95% 10.55% - - - 10.70% 0.73 AA 183.00 - .5% within 180days * - Valueresearchonline Ratings Data as on 12th January 2012
  10. 10. Top Rated : Balanced Equity Scheme Equity Balanced Fund is a scheme that buys a combination of stocks(in high ratio), bonds and other short term instruments to provide both income and capital appreciation while avoiding excessive risk. The purpose of balanced funds is to provide investors with a single mutual fund scheme that combines both growth and income objectives, by investing in both stocks (for growth) and bonds (for income). These schemes provide good returns at a relatively low level of volatility and are good for the moderate risk taker. Quartile Analysis Yearly Quaterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411 HDFC Prudence(G) 77 50 50 100 92 50 85 96 65 70 75 46 11 HDFC Balanced(G) 46 8 88 88 88 81 88 46 85 67 93 71 30 ICICI Pru Balanced(G) 62 35 42 23 77 88 38 38 88 85 89 79 85 Birla SL 95(G) 58 81 62 85 81 58 69 65 73 78 64 57 70 Tata Balanced(G) 88 85 31 96 54 73 19 23 50 52 79 68 81 Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Sharpe Allocation Beta Alpha Rating* (Crs) Ratio 1Yr 3Yr 5Yr 10Yr Equity DebtHDFC Prudence(G) 5/5 -5.35 29.86 11.12 25.99 6100 0.91 75% 25% 1.1 11.19HDFC Balanced(G) 4/5 -0.60 28.05 10.51 18.73 502 1.08 67% 33% 0.88 11.93ICICI Pru Balanced(G) 3/5 -1.58 19.94 4.56 17.89 300 0.83 70% 30% 0.78 6.17Birla SL 95(G) 4/5 -5.80 23.11 10.14 20.63 501 0.81 65% 35% 1 7.74Tata Balanced(G) 4/5 -2.95 24.37 9.15 21.17 315 0.84 75% 25% 0.97 8.17 * - Valueresearchonline Ratings Data as on 19th January 2012 # 4’11 represents forth calendar quarter of year 2011.
  11. 11. Top Rated : Balanced Debt Scheme/Retirement Schemes Debt Balanced Fund is a scheme that buys a combination of Bonds(in high ratio), Short Term Instruments and low proportion in equity to mainly provide income and a bit capital appreciation while avoiding excessive risk. The purpose of Debt balanced funds is to provide investors reasonable income with moderate capital appreciation. Conservative Investor in mid 40’s can look for the below schemes to for efficient retirement planning Quartile Analysis Yearly Quaterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411 Templeton India 69 79 40 60 67 67 40 67 33 73 60 67 67 Pension Plan(G) UTI Mahila 100 57 73 47 60 53 47 53 60 53 47 47 40 Unit(G) UTI Retirement 31 64 60 67 73 40 67 60 27 40 33 40 33 Benefit Pension Tata Young 77 7 20 80 80 33 7 87 80 13 67 20 47 Citizens Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Sharpe Allocation Beta Alpha Rating (Crs) Ratio * 1Yr 3Yr 5Yr 10Yr Equity DebtTempleton India 2/5 2.44 12.50 5.91 12.85 211 0.72 35% 65% 0.45 2.67Pension Plan(G)UTI Mahila Unit(G) -0.4 10.14 8.19 14.46 251 0.59 26% 74% 0.36 1.28 3/5UTI Retirement Benefit 3/5 -1.55 11.20 7.06 11.51 765 0.56 35% 65% 0.46 1.28PensionTata Young Citizens --1.57 15.50 5.80 14.41 163 0.78 50% 50% 0.54 4.21 2/5 * - Valueresearchonline Ratings Data as on 19th January 2012
  12. 12. Top Rated : Monthly Income Plans Monthly Income Plans carry a primary objective to generate regular returns through investment primarily in Debt and Money Market Instrument. The Secondary objective of the scheme is to generate long term capital appreciation by investing a small portion into Equity & Equity related instruments. We had classified the same into CONSERVATIVE & AGGRESSIVE(where equity proportion is relatively high.) Conservative Yearly Quarterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411 HDFC Multiple Yield 8 35 72 90 88 94 96 25 82 88 98 91 67 2005(G) Canara Robeco MIP(G) 100 98 8 98 84 85 74 77 46 68 75 56 73 HDFC Multiple Yield(G) 10 40 60 83 93 92 85 90 26 70 100 81 81 Birla SL Monthly Income(G) 70 78 62 61 74 83 83 69 80 74 56 78 58 UTI MIS(G) 45 48 85 66 58 62 57 60 64 64 23 70 56 Aggressive Yearly Quarterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411 DSPBR MIP(G) 88 55 55 76 30 71 23 21 98 20 12 87 88 HDFC MIP-LTP(G) 85 82 18 100 95 10 94 96 56 52 58 13 12 FT India MIP(G) 58 75 22 73 42 69 40 42 18 78 69 52 42 Reliance MIP(G) 98 10 98 85 81 25 89 92 30 26 37 39 25 Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Sharpe Allocation Beta Alpha Rating* (Crs) Ratio 1Yr 3Yr 5Yr 10Yr Equity DebtHDFC Multiple Yield -7.68 12.83 9.41 - 592 2.08 10% 90% 0.41 6.47 5/52005(G)Canara Robeco MIP(G) 340 1.13 16% 85% 0.52 7.06 5/5 5.28 10.44 9.22 11.68HDFC Multiple Yield(G) 78 1.56 17% 83% 0.58 6.18 5/5 9.14 13.20 9.44 - Birla SL Monthly 5.44 9.90 8.46 10.04 538 1.03 12% 88% 0.51 3.63 4/5Income(G) UTI MIS(G) 1.1 13% 87% 0.51 3.23 4/5 5.05 9.37 8.20 - 497DSPBR MIP(G) 5.45 9.91 7.77 - 208 0.88 24% 76% 0.62 3.28 4/5HDFC MIP-LTP(G) 3.43 14.27 9.55 - 7876 1.08 24% 76% 0.92 6.39 4/5FT India MIP(G) 4.96 9.47 6.78 9.22 339 0.76 19% 81% 0.7 2.91 3/5Reliance MIP(G) 5.31 11.80 10.01 - 5182 0.69 20% 80% 0.78 3.56 4/5 Data as on 19th January 2012 * - Valueresearchonline Ratings
  13. 13. Top Rated : Multi Asset Schemes Multi Asset Schemes are schemes which holds all three asset class in their portfolio. This schemes invest into Equity Markets, Fixed Income Market as well as in Commodity Market. One can maximize chances of making money irrespective of what is happening in the economy by investing in a diverse range of assets (such as equity, debt and gold). By balancing investments across multiple asset classes, one tend to reduce risk of losing money to economic shocks (like the recent global financial crisis). All funds being new, past return cannot be added. Quartile Analysis Yearly Quaterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411Religare MIP Plus(G) - - - - - 67 0 100 67 67 100 71 57Kotak Multi Asset - - - - - - - - 0 0 80 43 71Allocation Fund(G)UTI Wealth Builder-II- - - - 42 40 100 43 53 94 94 75 100 93Ret(G)Sundaram Equity Plus(G) - - - - - - - - - - - 29 29 Above table are percentile scores compared among their peers schemes Scheme Asset Allocation AUM Sharpe Expense Standard Beta Alpha Rating* (Crs) Ratio Ratio Deviation Equity Debt GoldReligare MIP Plus(G) 17% 72% 11% 93 - 2.21 - - - -Kotak Multi Asset 12% 82% 6% 326 - 2.5 - - - -Allocation Fund(G)UTI Wealth Builder-II- 70% 5% 25% 572 0.92 19.28 0.69 8.52 -Ret(G)#Sundaram Equity Plus(G) 65% 5% 30% 140 - - - - - * - Valueresearchonline Ratings Data as on 19th January 2012 #UTI Wealth Builder carries a three year experience with CAGR of around 24%p.a.
  14. 14. Top Rated : Retirement SchemesEvery individual have different aspiration/goals but among them one goal stands commoni.e. Retirement Planning. Previously retirement planning was not given requiredimportance but now the scenario is inverse. The reason for the same is:1.) Increased Life Expectancy2.) Increasing Medical Emergencies Cost3.) Joint Families turning Nuclear Family.4.) No Government Sponsored Pension Plan (IRA in USA)5.) Frequent Job Hopping Depleting PF BalancesHence it is very clear that to plan out efficient and fruitful retirement planning one needsto start building corpus in his/her working years. We all know early we start less is theamount we need to allocate towards out retirement.Lets try and understand it with an example : Parameters Mr. A (30years) Mr. B (40years) Corpus Required 1 Crore 1 Crore Retirement Age 60 60 SIP Amount (at 11.00%p.a.) Rs.3,533 Rs.11,447We had analyzed and listed few schemes which one can prefer going ahead with. Asset Allocationin this schemes is more of a Debt Aggressive where 60%-90% is invested into Debt providingCapital security and fixed income flow and rest into equities to reap benefits of capitalappreciation over a long period of time.
  15. 15. Top Rated : Retirement Schemes Quartile Analysis Yearly Quaterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411Templeton India 69 79 40 60 67 67 40 67 33 73 60 67 67Pension Plan(G)UTI Mahila 100 57 73 47 60 53 47 53 60 53 47 47 40Unit(G)UTI Retirement 31 64 60 67 73 40 67 60 27 40 33 40 33Benefit PensionTata Young 77 7 20 80 80 33 7 87 80 13 67 20 47Citizens Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Sharpe Allocation Beta Alpha Rating (Crs) Ratio * 1Yr 3Yr 5Yr 10Yr Equity DebtTempleton India 2/5 2.44 12.50 5.91 12.85 211 0.72 35% 65% 0.45 2.67Pension Plan(G)UTI Mahila Unit(G) -0.4 10.14 8.19 14.46 251 0.59 26% 74% 0.36 1.28 3/5UTI Retirement 3/5 -1.55 11.20 7.06 11.51 765 0.56 35% 65% 0.46 1.28Benefit PensionTata Young Citizens --1.57 15.50 5.80 14.41 163 0.78 50% 50% 0.54 4.21 2/5 * - Valueresearchonline Ratings Data as on 19th January 2012
  16. 16. Top Rated : Child PlanChild Plan is specially designed by Mutual funds to fulfill Childrens Education goal. Ratherthen earmarking different schemes to different goals one can directly earmark one schemeto a specific goal. We had bifurcated the category into Conservative and Aggressive.Conservative Funds should be preferred when the goal is nearby, say 1-2years whereasAggressive Funds should be preferred by new comers in parental community.As a parent, your priority is your childrens future and being able to meet your childrensdreams and aspirations. Today providing a good education and establishing a professionalcareer is expensive and will further increases as time goes. Marriages are also no longer asimple affair when it comes to finance. The event has become more expensive over theyears and making it important for everyone to sit down and work out the budget well inadvance.Here again the early we start more the benefit is. Lets work out this using an example :Mr. & Mrs. Joshi married before 3years have one baby named Nikita one year old. Otherthen increment in day to day expenses Mr. Joshi also have to plan out for her Educationand Marriage. Mr. Joshi is very keen to send her abroad for higher studies which in currentterms can cost around 30lakhs. Also being a lone daughter Mr. Joshi do not want tocompromise on cost as far as marriage is concerned. Goal (Age) Current Cost Cost Then* Higher Education (21) Rs.3000000 Rs.1.16Crore Marriage (25) Rs.1500000 Rs.76Lakhs *Inflation of 7.00%p.a.Being Salaried it is next to impossible for Mr. Joshi to arrange for huge funds then. Soearly regular investment aligned for daughters education and marriage would be the onlyoption for Mr. Joshi to fulfill his aspirations without compromises.Below are funds which can be looked at rather than high cost ULIP where major part ofyour money goes into expenses. Based on tenure one can decide to either selectConservative Schemes(Short Term, may be 2-3years) and Aggressive Schemes.
  17. 17. Top Rated : Child Plan Conservative Yearly Quarterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411HDFC Childrens Gift - Savings 15 50 93 40 93 100 87 47 93 100 100 93 80Templeton India Childrens Asset- 46 36 80 20 40 80 27 20 67 87 40 80 87Edu.(G)Fidelity India Childrens Plan-Saving(G) - - - - - - - - - - 7 6 6 Aggressive Yearly Quarterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411HDFC Childrens Gift - Investment 15 15 69 77 100 100 100 85 100 100 100 86 52Templeton India Childrens Asset-Gift(G) 81 23 85 38 46 77 35 15 54 81 46 100 74Fidelity India Childrens Plan- - - - - - - - - - - 14 54 26Education(G) Above table are percentile scores compared among their peers schemes Scheme Return (%) Annualized AUM Sharpe Allocation Beta Alpha Rating (Crs) Ratio * 1Yr 3Yr 5Yr 10Yr Equity DebtHDFC Childrens Gift – 8.20 14.01 9.82 10.67 66 1.72 19% 81% 0.63 7.05 5/5SavingsTempleton Childrens 3.55 7.88 5.38 7.68 1 0.6 18% 82% 0.58 1.61 -Asset-Edu.(G)Fidelity Childrens - - - - 2 - - 100% - - -Plan-Saving(G) HDFC Childrens Gift –Investment 2.19 30.62 10.43 17.30 287 1.2 73% 27% 0.86 13.72 5/5 Templeton IndiaChildrens Asset-Gift(G) -3.34 19.23 6.24 - 6 0.74 68% 33% 0.86 5.2 3/5 Fidelity India ChildrensPlan-Education(G) - - - - 2 - 68% 33% - - - Data as on 19th January 2012 * - Valueresearchonline Ratings
  18. 18. Top Rated : Equity Linked Saving Scheme ELSS is the mirror image of diversified equity scheme where 80-100% of portfolio is invested into companies across various sectors and 20-0% into Debt and related instruments. ELSS carries a lock in of 3years. Considering the market around 20% down from its all time high one can prefer locking in funds for a tenure of 3years which indeed can cover a bull business cycle. The main reason which urges investors to get into ELSS is TAX BENEFIT Quartile Analysis Yearly Quaterly Scheme 2006 2007 2008 2009 2010 2011 210 310 410 111 211 311 411Franklin India Taxshield(G) 40 55 96 45 71 97 21 76 79 100 71 97 81Fidelity Tax Advt(G) - 65 87 66 97 76 97 68 74 91 24 82 44HDFC TaxSaver(G) 73 15 74 90 88 64 71 85 56 62 85 21 72Religare Tax Plan(G) - 70 91 59 62 88 85 44 47 71 97 85 34Canara Robeco Equity Tax - 69 97 75 79 94 82 47 32 85 88 91 94Saver(G) Scheme Return (%) Annualized AUM Turnover Expens Standard Bet Alph Rating (Crs) (%) e Ratio Deviatio a a * 1Yr 3Yr 5Yr 10Yr nFranklin India Tax -4.61 30.05 9.03 24.14 787 24.57 2.14 4/5 22.56 *Inflation of 7.00%p.a. 0.82 7.56shield(G)Fidelity Tax Advt.(G) -9.50 30.51 9.37 - 1125 11.00 2.00 22.90 0.84 7.66 5/5HDFC TaxSaver(G) -11.12 32.82 7.18 28.00 2880 30.29 2.07 24.92 0.90 8.35 4/5Religare Tax Plan(G) -6.62 29.18 9.91 - 103 26.00 2.48 22.87 0.82 6.71 4/5Canara Robeco Equity -5.92 33.29 12.39 21.66 307 19.00 2.33 27.44 0.97 8.50 5/5Tax Saver(G) * - Valueresearchonline Ratings Data as on 24th January 2012 # 4’10 represents forth calendar quarter of year 2010.
  19. 19. DisclaimerThis document is prepared by TBNG Financial Consultants for general information purposes only and should not beconstrued as an offer or solicitation of an offer for purchase of any products offered by TBNG Financial Consultants. Itdoes not consider the investment objectives, financial situation or particular needs of the recipient. The contents arebased on publicly available information and are not intended to provide professional advice and should not be reliedupon in that regard. This transmission may contain information that is privileged, confidential, legally privileged, and/orexempt from disclosure under applicable law. You are hereby notified that any disclosure, copying, distribution, or useof the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Information gathered andmaterial used in this document is believed to be from reliable sources. The TBNG however does not warrant theaccuracy, reasonableness and/or completeness of any information. For data reference to any third party in this materialno such party will assume any liability for the same. All recipients of this material should before dealing and ortransacting in any of the products referred to in this material make their own investigation, seek appropriateprofessional advice and carefully read the offer document. We have included statements/opinions/recommendations inthis document, which contain words, or phrases such as "will", "expect", "should", "believe" and similar expressions orvariations of such expressions that are "forward looking statements". Actual results may differ materially from thosesuggested by the forward looking statements due to risk or uncertainties associated with our expectations with respectto, but not limited to, exposure to market risks, general economic and political conditions in India and other countriesglobally, which have an impact on our services and / or investments, the monitory and interest policies of India,inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates orprices, the performance of the financial markets in India and globally, changes in domestic and foreign laws, regulationsand taxes and changes in competition in the industry. All data/information used in the preparation of this material isdated and may or may not be relevant any time after the issuance of this material. TBNG Financial Consultants 17,Veer Mahal, Near ITC Grand Central Hotel,Opp Centre Point, Dr BA Road,Lalbaug-Parel , Mumbai-12 research@tbngconsultants.com http://www.tbng.wordpress.com

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