recommended funds 2016 – portfolio & performance update ... · 5 recommended funds 2016 –...

0 Recommended Funds 2016 – Portfolio & Performance Update (Mar’16-June’16) – iFAST Research


Period Covered for Analysis

Category of Fund Time Periods used for Analysis

Equity Funds March 2016 to June 2016Debt Funds March 2016 to June 2016

Hybrid Funds March 2016 to June 2016

For the purpose of analysis, we have taken the definition of market capitalization in this way.

Large Cap: Above INR 15,000 crore Mid Cap: INR 15,000 - INR 5,500 croreSmall Cap: INR 5,500 - INR 3,000 crore Micro Cap: Below INR 3,000 crore


Recommended Equity Funds


Large Cap – AXIS Equity Fund

*Jinesh Gopani has replaced Pankaj Murarka as Fund Manager effective July 16, 2016. Ashish Naik had been managing this fund since June 22, 2016.

Stock Count What’s IN (June-16) What’s OUT (Mar-16)Stocks as on March 2016 43 Stocks as on

June 2016 45 StockHolding

(%) StockHolding

(%)

Market Capitalization Jubilant Foodworks Ltd 1.11 Aditya Birla Nuvo Ltd 0.74

Idea Cellular Ltd 0.90

Divis Laboratories Ltd 0.41

Top Stocks Top SectorsMarch 2016 June 2016 March 2016 June 2016

StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

HDFC Bank Ltd 8.23 HDFC Bank Ltd 8.24 Banks 24.32 Banks 23.52Infosys Ltd 7.80 Infosys Ltd 6.84 Computers 14.92 Computers 13.68Larsen & Toubro Ltd 4.86 HDFC Ltd 6.15 Automobiles 9.43 Automobiles 9.69Zee Entertainment Enterprises Ltd

4.76 Larsen & Toubro Ltd 5.60 Pharmaceuticals 6.86 Finance 7.26

Kotak Mahindra Bank Ltd

4.53 Zee Entertainment Enterprises Ltd

5.12 Miscellaneous 5.99 Miscellaneous 6.59

0

20

40

60

80

100

Mar-16 Apr-16 May-16 Jun-16

Large Cap Mid Cap

Small Cap Micro Cap

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6

Fund Performance vis-à-vis Benchmark (As on June 30, 2016)

AXIS Equity Fund (G) Nifty 50

Rs. 14,728

Rs. 17,830

Inception January 5, 2010 Investment Strategy

Fund Manager*Jinesh Gopani, Ashish Naik

The fund will have a diversified portfolio consisting of strong growth companies with sustainable business models. The fund manager uses a bottom up approach while selecting the stocks. Although the fund has the flexibility to move across the market capitalization spectrum, the internal mandate states that at least 70% of the surplus has to be in the large cap space. This will be an actively managed fund. Across time periods, it will reflect the most attractive investment ideas of the fund management team.

AUM (June-16) Rs. 2140 Crore

Exit Load(As on June 2016)

1.00% on or before 12M, NIL after 12M


Large Cap - Birla Sun Life Frontline Equity Fund


June 2016 73 Stock Holding (%) StockHolding

(%)

Market Capitalization Tata Steel Ltd 1.05Glenmark Pharmaceuticals Ltd

0.23

Castrol India Ltd 0.69 Tata Motors-DVR 0.13

Eicher Motors Ltd 0.06


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

HDFC Bank Ltd 6.38 HDFC Bank Ltd 6.78 Banks 21.07 Banks 21.70Infosys Ltd 6.11 Infosys Ltd 5.36 Computers 12.05 Computers 10.10ITC Ltd 3.83 Reliance Industries

Ltd4.16 Pharmaceuticals 7.64 Automobiles 7.30

Reliance Industries Ltd

3.77 ITC Ltd 3.72 Refineries 6.43 Refineries 7.04

ICICI Bank Ltd 3.19 Larsen & Toubro Ltd 3.59 Automobiles 6.19 Finance 6.93

0

50

100


Large Cap Mid Cap

Small Cap Micro Cap

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Birla Sun Life Frontline Equity Fund (G)S&P BSE 200

Rs. 15,180

Rs. 19,191

Inception August 30, 2002 Investment StrategyFund Manager Mahesh Patil The mandate of the fund states diversification across industries and /sectors similar to its

benchmark which is S&P BSE 200. Although the Fund Manager will have to maintain the same sectoral weights as the benchmark, he has the flexibility to select stocks from a wider investment universe belonging to a particular sector. In this scenario, the stocks selected in the portfolio will be different from those included in the benchmark index. “Frontline Stocks” refer to those stocks, which in the opinion of the Fund Manager will provide superior growth opportunities.

AUM ( June-16) Rs. 12,288 Crore


1.00% on or before 365D, NIL after 365D


Large Cap - BNP Paribas Equity Fund



(%)Stock

Holding (%)

Market Capitalization Larsen & Toubro Ltd 1.42 HCL Technologies Ltd 1.27

Mahindra & Mahindra Financial Services Ltd

1.20 Tata Consultancy Services Ltd 1.06

Max Financial Services Ltd 0.48


Stock Holding (%)

Stock Holding (%)

Sector Holding (%)

Sector Holding (%)

HDFC Bank Ltd 8.78 HDFC Bank Ltd 8.35 Banks 29.02 Banks 29.02Infosys Ltd 6.28 Bharti Airtel Ltd 8.11 Telecommunications 11.32 Telecommunications 13.79Bharti Airtel Ltd 6.16 IndusInd Bank Ltd 5.79 Computers 8.61 Cement 7.53IndusInd Bank Ltd 5.59 Idea Cellular Ltd 5.68 Cement 7.05 Automobiles 6.43

Idea Cellular Ltd 5.16 Infosys Ltd 4.35 Automobiles 6.02 Finance 6.13

0

20

40

60

80

100


Large Cap Mid CapSmall Cap Micro Cap

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


BNP Paribas Equity Fund (G) Nifty 50

Rs. 14,728

Rs. 20,100

Inception September 23, 2004 Investment StrategyFund Manager Shreyash Devalkar

The fund will be a diversified and actively managed portfolio with the aim of providing long-term growth to investors. The mandate allows the fund manager to invest in a wide range of companies with a bias towards the large and medium market capitalization spectrum.



1.00% on or before 1Y,NIL after 1Y


Large Cap - ICICI Prudential Focused Bluechip Equity Fund



(%)Stock

Holding (%)

Market Capitalization Maruti Suzuki India Ltd 2.29 Oil & Natural Gas Corpn Ltd 1.21

Cummins India Ltd 1.01 Titan Company Ltd 0.85

Castrol India Ltd 0.90 Ambuja Cements Ltd 0.40

Hindustan Unilever Ltd 0.0001 Berger Paints India Ltd 0.24


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

HDFC Bank Ltd 8.93 HDFC Bank Ltd 8.85 Banks 28.76 Banks 30.52Infosys Ltd 6.74 ICICI Bank Ltd 6.54 Computers 15.12 Computers 11.48ICICI Bank Ltd 5.86 Axis Bank Ltd 5.53 Pharmaceuticals 7.78 Pharmaceuticals 8.62Axis Bank Ltd 4.75 Infosys Ltd 5.19 Automobiles 6.01 Automobiles 7.74ITC Ltd 3.62 Bajaj Finserv Ltd 4.14 Refineries 4.64 Finance 5.27

0

20

40

60

80

100



0

5000

10000

15000

20000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


ICICI Pru Focused Bluechip Equity Fund (G)Nifty 50

Rs. 14,728

Rs. 18,088

Inception May 23, 2008 Investment Strategy

Fund Manager Manish Gunwani The mandate of the fund is to invest into 20 large cap stocks which will be selected from a universe of top 200 stocks in terms of market capitalization on the National Stock Exchange of India Ltd. The investment strategy also clearly states that if the AUM of the fund goes above INR 1,000 crore, then the number of stocks in the portfolio can go above 20. The Fund Manager will not have any sectoral bias while selecting stocks for the portfolio. In short, the stock selection will be done using the bottom up approach and the universe considered will consist of large and established companies.

AUM (June-16) Rs. 11,126 Crore




Large Cap – Reliance Top 200 Fund

Stock Count What’s IN (June-16) What’s OUT (Mar-16)

Stocks as on March 2016 32 Stocks as on


(%)Stock Holding

(%)

Market Capitalization Yes Bank Ltd 3.59 Maruti Suzuki India Ltd 2.54

Castrol India Ltd 3.14 Zee Entertainment Enterprises Ltd

2.27

Cipla Ltd 2.32 Housing Development Finance Corporation Ltd

0.81


Quess Corp Ltd 0.44

Nestle India Ltd 0.29


Stock Holding (%)

Stock Holding (%)

Sector Holding (%)

Sector Holding (%)

State Bank of India 7.11 State Bank of India 6.28 Banks 24.01 Banks 25.62HDFC Bank Ltd 6.27 HDFC Bank Ltd 6.24 Automobiles 10.18 Computers 7.55Infosys Ltd 5.41 Larsen & Toubro

Ltd5.29 Computers 9.98 Refineries 7.16

ICICI Bank Ltd 5.20 ICICI Bank Ltd 4.99 Refineries 7.79 Electric Equipment 6.53Reliance Industries Ltd

5.10 ITC Ltd 4.88 Electric Equipment 6.94 Automobiles 6.21

0

20

40

60

80

100



0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Reliance Top 200 Fund (G) S&P BSE 200

Rs. 15,180

Rs. 18,118

Inception August 9, 2007 Investment Strategy

Fund Manager Sailesh Raj Bhan, Ashwani Kumar

The fund will be investing into stocks having market capitalization within the range of the highest and lowest market capitalization of the S&P BSE 200 Index. The fund will be reasonably diversified as it has the flexibility to invest into a broad range of companies. The companies included will be those which will be able to capture the growth of the Indian economy. The focus of the fund management team will be to have very liquid stocks in the portfolio.





Large Cap – SBI Blue Chip Fund



(%)Stock

Holding (%)

Market Capitalization Nestle India Ltd 1.07 Adani Ports & Special Economic Zone Ltd

0.95

Eicher Motors Ltd 0.97 United Breweries Ltd 0.91

Lupin Ltd 0.55 Axis Bank Ltd 0.78

Tech Mahindra Ltd 0.46 Bajaj Finance Ltd 0.36

Tata Power Company Ltd 0.31 Alstom T&D India Ltd 0.34

NTPC Ltd 0.22


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)HDFC Bank Ltd 6.18 HDFC Bank Ltd 6.44 Banks 13.79 Banks 13.65Reliance Industries Ltd 5.64 Infosys Ltd 4.62 Pharmaceuticals 10.75 Pharmaceuticals 10.59Infosys Ltd 5.06 Reliance Industries Ltd 4.09 Computers 9.12 Computers 8.28Sun Pharmaceuticals Industries Ltd

4.55 Sun Pharmaceuticals Industries Ltd

3.61 Refineries 7.79 Finance 7.94

Tata Consultancy Services Ltd

2.82 Larsen & Toubro Ltd 2.71 Automobiles 7.28 Automobiles 7.91

0

20

40

60

80

100



0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


SBI BlueChip Fund (G) S&P BSE 100

Rs. 14,764

Rs. 20,915

Inception February 14, 2006 Investment Strategy

Fund Manager Sohini Andani The mandate of the fund states that it will be a diversified portfolio consisting of stocks whose market capitalization is at least equal to or more than the least market capitalized stock of S&P BSE 100 stocks. As per the SID, "Blue chip stocks would normally qualify as those stocks which are typically large companies with an established business presence, good reputation and are possibly market leaders in their industries with less uncertainty in topline/ bottom line growth. Blue chip companies normally have a history of successful growth, high visibility and reach, good credit ratings and excellent brand equity amongst the general public and widespread interest amongst investing public."





Mid Cap – BNP Paribas Midcap Fund


June 2016 53 Stock Holding (%) Stock Holding (%)

Market Capitalization Mahindra & Mahindra Financial Services Ltd

1.54 Federal Bank Ltd 1.36

Sundaram Finance Ltd 1.47 Credit Analysis & Research Ltd

1.19

Tata Chemicals Ltd 1.39 Cyient Ltd 0.68

Indian Hotels Co Ltd 1.01 Snowman Logistics Ltd 0.68

Max Financial Services Ltd

0.52 V-Mart Retail Ltd 0.32

Dhanuka Agritech Ltd 0.12

Insecticides India Ltd 0.11


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

Idea Cellular Ltd 4.74 IndusInd Bank Ltd 5.56 Banks 11.25 Banks 11.52IndusInd Bank Ltd 4.72 Bharti Airtel Ltd 4.47 Miscellaneous 11.11 Finance 10.81Bharti Airtel Ltd 4.46 Idea Cellular Ltd 4.28 Pharmaceuticals 9.67 Telecommunications 8.75Bharat Electronics Ltd 3.19 Yes Bank Ltd 3.89 Telecommunications 9.20 Miscellaneous 8.28Yes Bank Ltd 3.18 K P R Mill Ltd 3.21 Finance 6.83 Pharmaceuticals 7.90

0

10

20

30

40

50




Fund Manager Shreyash DevalkarAs per the mandate, the fund will invest at least 65% of the corpus in mid and small cap companies which are defined as “Future Leaders”. The SID defines Future Leaders as “companies which have a market capitalization below that of the 99th stock in the BSE500 Index (i.e. excluding the top 20% of the index by market capitalization rankings) and which may or may not be a constituent of the BSE 500 Index, at the time of investment”. The remaining corpus can be invested into stocks which have a market capitalization equal to or above the 99th stock in BSE 500 Index which may or may not be a part of the BSE 500 Index.



1.00% on or before 1Y, NIL after 1Y


Mid Cap – Canara Robeco Emerging Equities



(%)Stock

Holding (%)

Market Capitalization Ujjivan Financial Services Ltd

1.30 Future Enterprises Ltd 1.20

Bharti Retail Ltd 1.10 Aurobindo Pharma Ltd 1.11Castrol India Ltd 0.95 City Union Bank Ltd 0.39Tata Elxsi Ltd 0.85Century Plyboards (India) Ltd

0.83

Kajaria Ceramics Ltd 0.76Bharat Financial Inclusion Ltd

0.48


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

IndusInd Bank Ltd 3.60 IndusInd Bank Ltd 3.43 Banks 10.71 Banks 9.91Indian Oil Corporation Ltd

2.81 Indian Oil Corporation Ltd

2.61 Engineering 8.71 Miscellaneous 7.94

Divis Laboratories Ltd 2.33 Atul Ltd 2.36 Pharmaceuticals 6.72 Engineering 7.76Tata Communications Ltd 2.27 The Ramco Cements Ltd 2.31 Miscellaneous 6.69 Cement 6.43The Ramco Cements Ltd 2.14 Divis Laboratories Ltd 2.17 Cement 6.23 Pharmaceuticals 5.57

0

10

20

30

40


Large Cap Mid Cap

Small Cap Micro Cap

Inception March 11, 2005 Investment Strategy

Fund Manager* Ravi Gopalakrishnan The fund will invest into diversified mid cap stocks which have the potential to emerge as the blue chips of tomorrow. The mid and small cap stocks will be selected from a range of 151 to 500 on the basis of market capitalization. The companies with a bias towards the small capitalization space will have a low PE vis-à-vis the Industry PE. However, as these companies grow, their value will be unlocked and the PE will improve. The emphasis of the fund management team will be to select stocks that have a strong competitive position in good business and have no concerns on the quality of management.



1.00% on or before 12M,NIL after 12M

*Krishna Sanghavi is no longer the Co-Fund Manager with effect from May 13, 2016.


Mid Cap – Mirae Asset Emerging Bluechip Fund

Stock Count What’s IN (June-16) What’s OUT (Mar-16)

Stocks as on March 2016 68 Stocks as on


(%)Stock

Holding (%)

Market Capitalization Lupin Ltd 2.53 Hexaware Technologies Ltd 2.1

TVS Motor Company Ltd 1.83 Torrent Power Ltd 1.66The Ramco Cements Ltd 1.73 Divis Laboratories Ltd 1.57Greenply Industries Ltd 1.56 Godfrey Phillips India Ltd 1.06

SRF Ltd1.27 Crompton Greaves Consumer

Electrical Ltd0.87

United Breweries Ltd 0.87 Blue Dart Express Ltd 0.81Ujjivan Financial Services Ltd 0.73 Glenmark Pharmaceuticals Ltd 0.53KEI Industries Ltd 0.38 Britannia Industries Ltd 0.51Aditya Birla Nuvo Ltd 0.0004 NIIT Technologies Ltd 0.48

Triveni Turbine Ltd 0.39Pricol Ltd 0.31Titan Company Ltd 0.0047

Top Stocks Top Sectors

March 2016 June 2016 March 2016 June 2016

StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

Kotak Mahindra Bank Ltd 4.42 IndusInd Bank Ltd 3.80 Banks 12.85 Banks 12.55Hindustan Petroleum Corporation Ltd

3.65 Hindustan Petroleum Corporation Ltd

3.56 Pharmaceuticals 12.20 Pharmaceuticals 12.29

Torrent Pharmaceuticals Ltd 3.44 Kotak Mahindra Bank Ltd 3.50 Miscellaneous 10.46 Miscellaneous 11.86Federal Bank Ltd 3.04 Federal Bank Ltd 3.11 Auto Ancillaries 6.80 Auto Ancillaries 6.67ICICI Bank Ltd 2.99 Exide Industries Ltd 3.02 Computers 5.17 Personal Care 4.17

0

10

20

30

40

50



Inception July 9, 2010 Investment StrategyFund Manager Neelesh Surana The mandate of the fund states that the stocks included in the portfolio will not be a part of the

top 100 stocks by market capitalization and at the time of investment should have a market capitalization of at least INR 100 crore. As far as this fund is concerned, there is no bias towards a theme, sector or style while picking stocks for the portfolio. The Fund Manager has the flexibility to include a large number of stocks in the portfolio so as to avoid concentration and liquidity risk.



2.00% on or before 6M,1.00% after 6M But on or before 1Y, NIL after 1Y


Mid Cap – SBI Magnum MidCap Fund


June 2016 53 Stock Holding (%)

Stock Holding (%)

Market Capitalization Thyrocare Technologies Ltd 2.21 Bajaj Finance Ltd 2.45

Emami Ltd 2.00 Alstom T&D India Ltd 0.68

Equitas Holdings Ltd 1.89 Monsanto India Ltd 0.49

Mahanagar Gas Ltd 0.07 Kewal Kiran Clothing Ltd 0.30

Tata Power Company Ltd

0.25



StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

Strides Shasun Ltd 4.75 Cholamandalam Investment & Finance Company Ltd


Cholamandalam Investment & Finance Company Ltd

4.54 The Ramco Cements Ltd 4.36 Finance 10.65 Finance 12.17

The Ramco Cements Ltd 4.28 Strides Shasun Ltd 3.91 Pesticides 6.30 Healthcare 6.97Dr Lal Pathlabs Ltd 3.92 Mahindra & Mahindra

Financial Services Ltd3.37 Miscellaneous 6.05 Pesticides 6.05

Va Tech Wabag Ltd 3.17 Sanofi India Ltd 3.03 Computers 5.85 Cement 5.44

Benchmark - Nifty MidSmallcap 400 Index I Benchmark data is not available on NAV India

0

20

40

60



0

5000

10000

15000

20000

25000

30000

35000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


SBI Magnum Midcap Fund (G)Rs. 28,678

Inception March 29, 2005 Investment StrategyFund Manager Sohini Andani The fund will be a diversified midcap fund. In this case, midcaps are defined as 101st to 400th

stock in terms of market capitalization. The fund manager can take exposures into small cap stocks so as to generate alpha while trying to maintain liquidity. Investments can be done in large caps up to a maximum of 20%.The strategy followed will be bottom up and stocks will be identified without a sectoral bias.





Mid Cap – Tata Mid Cap Growth Fund

* Rupesh Patel has replaced Atul Bhole as Fund Manager and Danesh Mistry is appointed as Assitant Fund Manager with effect from April 1, 2016.



(%)Stock

Holding (%)

Market Capitalization Rallis India Ltd 2.13 IndusInd Bank Ltd 1.74Exide Industries Ltd 2.08 Arvind Ltd 1.55United Breweries Ltd 2.04 Pfizer Ltd 1.35City Union Bank Ltd 1.63 Ashok Leyland Ltd 1.03Mahindra CIE Automotive Ltd

1.25 Va Tech Wabag Ltd 0.98

Parag Milk Foods Ltd 1.16 Sundram Fasteners Ltd 0.97Multi Commodity Exchange of India Ltd

1.14 IL&FS Transportation Networks Ltd

0.76


0.99 MBL Infrastructures Ltd 0.73

Dhanuka Agritech Ltd 0.94 BEML Ltd 0.69Oracle Financial Services Software Ltd

0.91 Astra Microwave Products Ltd 0.50

KDDL Ltd 0.19



StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

WABCO India Ltd 3.31 Yes Bank Ltd 3.88 Construction 10.39 Construction 9.40Yes Bank Ltd 3.27 WABCO India Ltd 2.86 Pharmaceuticals 10.35 Pharmaceuticals 8.54Glenmark Pharmaceuticals Ltd

3.01 Glenmark Pharmaceuticals Ltd

2.79 Textile 7.78 Banks 7.55

Sadbhav Engineering Ltd 2.78 Sadbhav Engineering Ltd 2.56 Banks 6.80 Auto Ancillaries 7.22Amara Raja Batteries Ltd 2.50 Shree Cement Ltd 2.55 Cement 6.57 Cement 6.81

0

10

20

30

40


Inception July 1, 1994 Investment Strategy

Fund Manager* Rupesh Patel, Danesh Mistry

As per the mandate, the fund will invest at least 65% of the corpus in mid cap stocks. Mid Caps are defined as those companies that are either included in the Nifty Midcap 100 or one that fall within the market cap requirement of Nifty Midcap 100.The SID clearly mentions that “the fund may invest not more than 25% of the net assets (of all the Schemes of the Fund) in listed securities (equity & debt instruments) of Group companies”.





Small Cap - DSP BlackRock Micro Cap Fund



Market Capitalization Thyrocare Technologies Ltd

2.53- -

V-Guard Industries Ltd 2.46

Navkar Corporation Ltd 1.21

J B Chemicals & Pharmaceuticals Ltd

0.91

VST Industries Ltd 0.36


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)K P R Mill Ltd 4.23 Sharda Cropchem Ltd 4.47 Chemicals 11.99 Chemicals 12.03SRF Ltd 3.76 K P R Mill Ltd 4.11 Textile 9.69 Textile 9.51Eveready Industries India Ltd

3.40 SRF Ltd 3.97 Finance 6.98 Steel 6.36

Sharda Cropchem Ltd 3.27 Navin Fluorine International Limited

2.94 Steel 6.96 Computers 5.71

Navin Fluorine International Limited

3.23 Eveready Industries India Ltd 2.93 Computers 6.20 Finance 5.66

0

20

40

60



Inception June 14, 2007 Investment Strategy

Fund Manager Vinit Sambre, Jay Kothari The Fund Manager while picking stocks will use a disciplined quantitative analysis of financial operating statistics. The stocks selected will not be a part of the top 300 by market capitalization. The strategy for stock selection will be a blend of both value and growth. Value stocks are those whose long-term growth potential are not fully reflected in the current market price and will be realized on the basis of the various strengths like strong brand equity, growing market share, strong management, technological excellence, etc. On the other hand, growth stocks are those stocks that are currently in the growth phase.





Small Cap - Reliance Small Cap Fund

Stock Count What’s IN (June-16) What’s OUT (Mar-16)Stocks as on March 2016 69 Stocks As on


Market Capitalization United Breweries Ltd 2.07 VRL Logistics Ltd 0.56

Equitas Holdings Ltd 0.72 MEP Infrastructure Developers Ltd

0.08

Goodluck Steel Tubes Ltd 0.67

Jubilant Foodworks Ltd 0.46

Max Ventures and Industries Ltd

0.35

Arman Financial Services Ltd

0.21

Banco Products (India) Ltd 0.14Linc Pen & Plastics Ltd 0.13


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)Intellect Design Arena Ltd 4.17 Navin Fluorine

International Limited4.04 Computers 11.14 Computers 9.46

Navin Fluorine International Limited

4.01 Intellect Design Arena Ltd 3.14 Banks 5.81 Chemicals 6.18

Vindhya Telelinks Ltd 2.81 GIC Housing Finance Ltd 2.82 Textile 5.71 Pharmaceuticals 6.12GIC Housing Finance Ltd 2.66 Atul Ltd 2.75 Chemicals 5.70 Textile 5.86Orient Cement Ltd 2.51 Orient Cement Ltd 2.52 Electronics 5.68 Banks 5.71

0

20

40

60

80



Inception September 21, 2010 Investment Strategy

Fund Manager Sunil Singhania The fund will invest into a diversified basket of small cap stocks with the aim of maximizing returns. Small cap stocks are defined as those having market capitalization between the highest and lowest market capitalization of companies on the BSE Small Cap Index. The Fund Manager will follow a Buy and Hold strategy, but can take a rational call while selling stocks when valuations become too demanding even in the face of reasonable growth prospects in the long run.


Exit Load(as on June 2016)



Multi Cap - Franklin India Prima Plus



Market Capitalization Housing Development Finance Corporation Ltd

1.04 Havells India Ltd 1.13

Equitas Holdings Ltd 0.63 United Spirits Ltd 0.89

Hindustan Unilever Ltd 0.53 Aditya Birla Nuvo Ltd 0.47

Idea Cellular Ltd 0.51 H T Media Ltd 0.03

Mahanagar Gas Ltd 0.02


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)HDFC Bank Ltd 7.12 HDFC Bank Ltd 7.37 Banks 27.38 Banks 27.92Infosys Ltd 4.65 ICICI Bank Ltd 4.23 Computers 8.74 Computers 8.30ICICI Bank Ltd 4.35 Infosys Ltd 4.04 Pharmaceuticals 8.04 Automobiles 7.43IndusInd Bank Ltd 4.00 Bharti Airtel Ltd 4.00 Automobiles 7.02 Pharmaceuticals 7.28Bharti Airtel Ltd 3.84 IndusInd Bank Ltd 3.86 Telecommunications 4.63 Telecommunications 5.35

0

20

40

60

80


0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Franklin India Prima Plus - (G) Nifty 500

Rs. 15,437

Rs. 20,910


Fund Manager Anand Radhakrishnan, R. Janakiraman The fund will be a diversified large cap fund with a marginal exposure into small/mid

cap space. The stock selection will be done using a bottom up approach and will identify wealth creating companies across sectors. The investment style used in this fund will be a blend of value and growth.



1.00% on or before 1Y


Multi Cap - ICICI Prudential Value Discovery Fund



Market Capitalization Sun Pharmaceuticals Industries Ltd

4.63Tata Motors Ltd 2.59

HCL Technologies Ltd 1.34 State Bank of India 1.56

Oil & Natural Gas Corpn Ltd 0.86

Voltas Ltd 0.27



StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

Larsen & Toubro Ltd 8.12 Larsen & Toubro Ltd 8.40 Banks 20.28 Banks 18.88ICICI Bank Ltd 6.80 NTPC Ltd 5.91 Engineering 8.89 Engineering 9.16NTPC Ltd 5.73 ICICI Bank Ltd 5.87 Miscellaneous 7.95 Computers 8.68Axis Bank Ltd 3.70 Axis Bank Ltd 4.79 Computers 7.62 Pharmaceuticals 8.06Container Corporation Of India Ltd


4.63 Power Generation And Supply

7.00 Miscellaneous 7.40

0

20

40

60

80

Mar-16 Apr-16 May-16 Jun-16Large Cap Mid CapSmall Cap Micro Cap

0

5000

10000

15000

20000

25000

30000

Jul-1

1Se

p-11

Nov-

11Ja

n-12

Mar

-12

May

-12

Jul-1

2Se

p-12

Nov-

12Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov-

13Ja

n-14

Mar

-14

May

-14

Jul-1

4Se

p-14

Nov-

14Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov-

15Ja

n-16

Mar

-16

May

-16


ICICI Pru Value Discovery Fund (G)S&P BSE 500

Rs. 15,171

Rs. 24,644


Fund Manager Mrinal Singh The fund will invest into a diversified portfolio of companies that are available at a discount to its intrinsic value and this will be done through a process of discovery. As per the SID, “The Discovery Process would be through identification of such stocks, which have attractive valuations in relation to earnings or book value or current and/or future dividends and are available at a price, which can be termed as a bargain”. Here, the Fund Manager will aim to discover stocks that are trading at a lower P/E ratio vis-a-vis benchmark/peer group. Along with the P/E ratio, other parameters that will be considered while taking investment decisions are management competitiveness, business competitiveness, growth prospects, etc.





Multi Cap - IDFC Premier Equity Fund

*As Punam Sharma is no longer associated with the fund house since July 16, 2016, Anoop Bhaskar is the sole fund manager of the fund.



Market Capitalization Castrol India Ltd 0.90 Ricoh India Ltd 0.54

VRL Logistics Ltd 0.20 Astral Poly Technik Ltd 0.14

Mahanagar Gas Ltd 0.06 Dr Lal Pathlabs Ltd 0.01



Stock Holding (%)

Stock Holding (%)

Sector Holding (%)

Sector Holding (%)

Ashok Leyland Ltd 3.93 Bharat Financial Inclusion Ltd

3.92 Miscellaneous 12.56 Miscellaneous 12.57

Vardhman Textiles Ltd 3.85 Vardhman Textiles Ltd 3.89 Textile 7.66 Textile 7.92Blue Dart Express Ltd 3.85 Maruti Suzuki India Ltd 3.83 Automobiles 7.59 Automobiles 6.98Maruti Suzuki India Ltd 3.66 Blue Dart Express Ltd 3.53 Finance 5.12 Finance 5.86Bharat Financial Inclusion Ltd

3.57 Va Tech Wabag Ltd 3.31 Pharmaceuticals 5.04 Pharmaceuticals 5.04

0

10

20

30

40



0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov-

11Ja

n-12

Mar

-12

May

-12

Jul-1

2Se

p-12

Nov-

12Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov-

13Ja

n-14

Mar

-14

May

-14

Jul-1

4Se

p-14

Nov-

14Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov-

15Ja

n-16

Mar

-16

May

-16


IDFC Premier Equity Fund (G) S&P BSE 500

Rs. 15,171

Rs. 22,738

Inception September 28, 2005 Investment StrategyFund Manager* Anoop Bhaskar The fund’s intent is to invest into some of the best run companies in India that are available at a

reasonable value and will be identified through a process of disciplined research. The portfolio will have stocks from across sectors so as to reduce the concentration risk. The mandate states that the fund management will be prudent while selecting stocks and will try to deliver good returns at controlled levels of risk. This is because the fund is expected to be a part of the core equity holdings of investors over a long time period.





Multi Cap - Kotak Select Focus Fund



(%) StockHolding

(%)

Market Capitalization Mahindra & Mahindra Ltd 2.25Colgate-Palmolive (India) Ltd

1.28

Equitas Holdings Ltd 1.50 Siemens Ltd 0.20

Max Ventures and Industries Ltd

0.03


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)HDFC Bank Ltd 5.97 HDFC Bank Ltd 6.02 Banks 18.04 Banks 17.97

Infosys Ltd 5.49 Infosys Ltd 4.84 Cement 12.08 Cement 12.41Reliance Industries Ltd 4.95 Reliance Industries Ltd 4.77 Automobiles 9.26 Automobiles 11.91

UltraTech Cement Ltd 4.40 UltraTech Cement Ltd 4.20 Computers 8.76 Refineries 9.27

The Ramco Cements Ltd 3.41 The Ramco Cements Ltd 3.95 Refineries 8.73 Finance 7.70

0

20

40

60

80

100



0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Kotak Select Focus Fund (G) Nifty 200 Index

Rs. 15,124

Rs. 20,838

Inception September 11, 2009 Investment StrategyFund Manager Harsha Upadhyaya The fund’s strategy allows it to go across the market capitalization spectrum while selecting

stocks for the portfolio. However, the Fund Manager has the flexibility to restrict investments into a few select sectors depending upon its potential to grow in the future. In short, this will be a concentrated portfolio but actively managed on a regular basis. The SID clearly states that “The total number of sectors focused will be kept around 50% of the sectors represented in Nifty50 index; however the sectors/stocks selected may or may not be within the sectors represented in Nifty 50 index”.





Multi Cap - Reliance Equity Opportunities Fund


Fund Manager Sailesh Raj Bhan The fund will be a diversified portfolio consisting of a broad range of companies. The selection of stocks will be a combination of top down approach, which is Sector-Industry-Company and Bottoms up approach, which is Company-Industry-Sector. The Fund Manager will be using a blend of both value and growth strategies while scouting for stocks on the belief that there will be ongoing structural changes in the government policies, infrastructure spending and continuous global economic reforms that tries to integrate different economies across the globe.






(%)Stock

Holding (%)

Market Capitalization ITC Ltd 1.77 Cyient Ltd 0.83

Indian Oil Corporation Ltd 0.47 Oriental Bank of Commerce

0.45

Thermax Ltd 0.44

Hindustan Media Ventures Ltd

0.08

Adlabs Entertainment Ltd 0.07Max Ventures and Industries Ltd 0.04


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

State Bank of India 5.97 State Bank of India 6.86 Banks 21.72 Banks 22.60

HDFC Bank Ltd 5.97 Indian Hotels Co Ltd 5.73 Pharmaceuticals 10.62 Pharmaceuticals 8.62

ICICI Bank Ltd 4.78 ICICI Bank Ltd 5.41 Electric Equipment 8.21 Electric Equipment 8.27

Indian Hotels Co Ltd 4.48 HDFC Bank Ltd 5.40 Computers 7.90 Hotels 7.64Divis Laboratories Ltd 3.98 Larsen & Toubro Ltd 4.14 Textile 7.49 Textile 7.00

0

10

20

30

40

50

60




Multi Cap - SBI Emerging Businesses Fund

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


SBI Emerging Businesses Fund (G)S&P BSE 500

Rs. 15,076

Rs. 22,231

Inception October 11, 2004 Investment StrategyFund Manager R Srinivasan The fund’s mandate is to invest into companies that have the theme of emerging businesses with a

focus on export orientation/outsourcing opportunities and are globally competitive. Along with this, the fund would also look out for themes in the domestic market which are emerging businesses in nature having a growth potential. The fund will be diversified across various emerging sectors while the exposure in a particular sector will be limited to 25% of the total portfolio.






Stock Holding (%)

Stock Holding (%)

Sector Holding (%)

Sector Holding (%)

Procter & Gamble Hygiene and Health Care Ltd

11.43 HDFC Bank Ltd 9.67 Banks 14.35 Banks 14.15

HDFC Bank Ltd 10.08 Procter & Gamble Hygiene and Health Care Ltd

9.18 Personal Care 11.43 Pharmaceuticals 10.21

Solar Industries India Ltd 7.59 Divis Laboratories Ltd 7.16 Miscellaneous 10.43 Personal Care 9.18

Adani Ports & Special Economic Zone Ltd

5.75 Solar Industries India Ltd 6.46 Pharmaceuticals 8.30 Miscellaneous 8.91

Manpasand Beverages Ltd 5.55 3M India Ltd 5.27 Chemicals 7.59 Plastics Products 6.97


June 2016 20 Stock Holding (%) StockHolding

(%)

Market Capitalization Equitas Holdings Ltd 3.54 Shriram City Union Finance Ltd

1.86

0

20

40

60




Value Funds - L&T India Value Fund

0

5000

10000

15000

20000

25000

30000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


L&T India Value Fund (G) S&P BSE 200

Rs. 15,180

Rs. 24,170


Fund Manager Venugopal M, Abhijeet Dakshikar

The fund will be a diversified portfolio of stocks which are undervalued but have the potential to deliver long-term risk-adjusted returns. In this case, undervalued stocks are defined as those, which according to the Fund Manager are trading at less than their assessed values. Fundamental analysis will be the approach used to identify undervalued stocks.



1 % on or before 1Y, NIL after 1Y


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

Infosys Ltd 5.42 ICICI Bank Ltd 3.23 Banks 10.64 Banks 12.76Reliance Industries Ltd 4.57 Infosys Ltd 3.21 Textile 8.91 Textile 10.20ICICI Bank Ltd 3.52 Grasim Industries Ltd 3.00 Computers 8.25 Finance 6.98Axis Bank Ltd 2.69 Reliance Industries Ltd 2.92 Refineries 6.64 Cement 6.85Balrampur Chini Mills Ltd

2.61 Yes Bank Ltd 2.76 Cement 5.85 Refineries 6.37


June 2016 80 Stock Holding (%)

Stock Holding (%)

Market Capitalization Yes Bank Ltd 2.76 HCL Technologies Ltd 1.29Housing Development Finance Corporation Ltd

1.61 Arvind Ltd 0.93

Tamil Nadu Newsprint & Papers Ltd

1.27 Indo Count Industries Ltd 0.87

DCM Shriram Ltd 1.24 HDFC Bank Ltd 0.7Manappuram Finance Ltd 1.13 Sadbhav Engineering Ltd 0.67Prism Cement Ltd 0.95 Oil & Natural Gas Corpn Ltd 0.48Magma Fincorp Ltd 0.86 Aditya Birla Fashion & Retail Ltd 0.48West Coast Paper Mills Ltd

0.63 Shipping Corporation of India Ltd 0.43

Transformers & Rectifiers India Ltd

0.21 SRF Ltd 0.39

0

10

20

30

40

50

60




Dividend Yield - Tata Dividend Yield Fund

0

5000

10000

15000

20000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Tata Dividend Yield Fund (G) Nifty 500

Rs. 15,437

Rs. 18,074

Inception November 22, 2004 Investment StrategyFund Manager Rupesh Patel As per the mandate, 70% of the fund’s corpus will be invested in high dividend yield stocks. On

the other hand, the Fund Manager has the flexibility to park 30% of the assets in other stocks which do not have a high dividend yield. As far as the dividend yield is considered, it will be considered high, if the same is greater than the dividend yield of the S&P BSE SENSEX last released / published by S&P BSE. Generally, high dividend yield stocks are known to protect the downside when there is market fall and at the same time will lead to capital appreciation when the markets are in a revival mode.






Market Capitalization Engineers India Ltd 2.00 Axis Bank Ltd 4.04

Oracle Financial Services Software Ltd

1.80 Mahindra & Mahindra Financial Services Ltd

1.87

Oil & Natural Gas Corpn Ltd

1.66

IDFC Ltd 1.41


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

HDFC Bank Ltd 5.75 Manappuram Finance Ltd 6.20 Computers 23.34 Computers 23.35

HCL Technologies Ltd 5.49 HDFC Bank Ltd 5.87 Banks 14.85 Banks 10.85

Strides Shasun Ltd 5.25 Strides Shasun Ltd 5.07 Pharmaceuticals 9.18 Pharmaceuticals 8.58

Infosys Ltd 5.14 Power Grid Corporation of India Ltd

4.80 Automobiles 7.68 Automobiles 7.85

Power Grid Corporation of India Ltd

4.40 HCL Technologies Ltd 4.59 Personal Care 5.50 Finance 7.61

0

20

40

60

80




ELSS - AXIS Long Term Equity Fund

0

5000

10000

15000

20000

25000

30000

Jul-1

1Se

p-11

Nov-

11Ja

n-12

Mar

-12

May

-12

Jul-1

2Se

p-12

Nov-

12Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov-

13Ja

n-14

Mar

-14

May

-14

Jul-1

4Se

p-14

Nov-

14Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov-

15Ja

n-16

Mar

-16

May

-16


AXIS Long Term Equity Fund (G)S&P BSE 200

Rs. 15,180

Rs. 24,468

Inception December 29, 2009 Investment Strategy

Fund Manager Jinesh GopaniThe fund will be a diversified basket of strong growth companies that have sustainable business models. The investments will not be restricted only to the stocks included in the benchmark index that is S&P BSE 200. The Fund Manager is given the flexibility to select stocks from across the market capitalization spectrum. The stocks in the portfolio will be selected using a bottom up approach and the focus will be on the appreciation potential of each individual stock from a fundamental perspective. The SID states that “The universe of stocks is carefully selected to include companies having robust business models and enjoying sustainable competitive advantages as compared to their competitors”.



NIL



Market Capitalization - ICICI Bank Ltd 1.66


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

HDFC Bank Ltd 8.18 HDFC Bank Ltd 7.81 Banks 16.72 Banks 15.58

Kotak Mahindra Bank Ltd 6.88 Kotak Mahindra Bank Ltd 7.77 Finance 12.94 Finance 14.06

Tata Consultancy Services Ltd

6.45 Housing Development Finance Corporation Ltd


Housing Development Finance Corporation Ltd


5.91 Computers 8.90 Auto Ancillaries 7.50

Sun Pharmaceuticals Industries Ltd

5.70 Tata Consultancy Services Ltd

5.33 Auto Ancillaries 6.86 Computers 7.48

0

20

40

60

80




ELSS - BNP Paribas Long Term Equity Fund

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov-

11Ja

n-12

Mar

-12

May

-12

Jul-1

2Se

p-12

Nov-

12Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov-

13Ja

n-14

Mar

-14

May

-14

Jul-1

4Se

p-14

Nov-

14Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov-

15Ja

n-16

Mar

-16

May

-16


BNP Paribas Long Term Equity Fund (G)Nifty 200 Index

Rs. 15,124

Rs. 21,122

Inception January 5, 2006 Investment StrategyFund Manager Shreyash Devalkar

The fund will have a diversified portfolio of stocks that aim at generating long-term capital growth. The fund will be actively managed across the different market cycles. The fund, in its endeavour to manage the liquidity requirements, will take a small exposure in debt and money market instruments.



NIL



Market CapitalizationMahindra & Mahindra Financial Services Ltd


1.3

Mahanagar Gas Ltd 1.30 HCL Technologies Ltd 1.15

Larsen & Toubro Ltd 1.02

J K Cements Ltd 1.00



StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)HDFC Bank Ltd 8.43 Bharti Airtel Ltd 8.28 Banks 24.70 Banks 24.32

Bharti Airtel Ltd 6.18 HDFC Bank Ltd 7.80 Telecommunications 11.36 Telecommunications 13.21

IndusInd Bank Ltd 5.68 IndusInd Bank Ltd

5.70 Computers 7.74 Cement 7.29

Infosys Ltd 5.29 Idea Cellular Ltd 4.93 Cement 6.14 Finance 6.42

Idea Cellular Ltd 5.18 Kotak Mahindra Bank Ltd

4.26 Pharmaceuticals 5.34 Miscellaneous 6.39

0

20

40

60

80




ELSS - Franklin India Taxshield

*Lakshmikanth Reddy & R. Janakiraman have replaced Anand Radhakrishnan as Fund Managers with effect from May 2, 2016.

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Franklin India Taxshield - (G) Nifty 500

Rs. 15,437

Rs. 20,962

Inception April 10, 1999 Investment Strategy

Fund Manager* Lakshmikanth Reddy, R. Janakiraman The fund will invest into a diversified basket of stocks without any bias towards a particular

sector. The Fund Manager can freely move across the market capitalization spectrum while selecting stocks for the portfolio. The stock selection will be done using a bottom up approach and will follow a blend of value and growth style of investing.



NIL



Market Capitalization Tech Mahindra Ltd 0.99 United Spirits Ltd 0.88

Maruti Suzuki India Ltd 0.94 Aditya Birla Nuvo Ltd 0.50

Equitas Holdings Ltd 0.15 Punjab National Bank 0.38

Mahanagar Gas Ltd 0.04 H T Media Ltd 0.06


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)HDFC Bank Ltd 6.81 HDFC Bank Ltd 8.83 Banks 26.75 Banks 29.24

Infosys Ltd 5.38 Infosys Ltd 5.52 Computers 9.98 Computers 10.34

ICICI Bank Ltd 4.18 Axis Bank Ltd 4.60 Pharmaceuticals 8.12 Automobiles 8.59

Bharti Airtel Ltd 3.88 IndusInd Bank Ltd 3.85 Automobiles 6.73 Pharmaceuticals 7.47

IndusInd Bank Ltd 3.76 Bharti Airtel Ltd 3.61 Telecommunications 4.64 Telecommunications 4.47

0

20

40

60

80




ELSS - ICICI Prudential Long Term Equity Fund (Tax Saving)

w


Fund Manager George Heber Joseph

The fund will use the value based style of investing to select the stocks and this will be done with the help of in-house research. The Fund Manager will be actively managing this fund on a regular basis. As per the SID, “The AMC in selecting scripts will focus on the fundamentals of the business, the industry structure, the quality of management, sensitivity to economic factors, the financial strength of the company and the key earnings drivers”.



NIL


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

Cipla Ltd 6.72 Cipla Ltd 6.46 Pharmaceuticals 18.08 Pharmaceuticals 16.52Thomas Cook (India) Ltd 4.79 Thomas Cook (India)

Ltd5.47 Finance 10.52 Computers 11.03

Bajaj Finserv Ltd 3.91 Sundaram Finance Ltd 4.34 Banks 9.93 Banks 10.81Ipca Laboratories Ltd 3.88 Ipca Laboratories Ltd 3.89 Computers 6.65 Finance 9.35Bharat Heavy Electricals Ltd

3.63 HCL Technologies Ltd 3.72 Electric Equipment

5.57 Travel Agencies 5.47



(%) StockHolding

(%)

Market Capitalization Housing Development Finance Corporation Ltd

2.00 Bharat Heavy Electricals Ltd

3.63

Hindustan Unilever Ltd 2.00 Mahindra & Mahindra Financial Services Ltd

2.99

GAIL (India) Ltd 1.88 Motherson Sumi Systems Ltd

2.07

Infosys Ltd 1.87 Axis Bank Ltd 2.01Cummins India Ltd 1.80 Coal India Ltd 1.71Union Bank of India 1.48 Great Eastern Shipping

Company Ltd1.41

Crompton Greaves Consumer Electrical Ltd

1.48 DCM Shriram Ltd 0.66

Mahindra & Mahindra Ltd 1.47 Gujarat Pipavav Port Ltd 0.46Allahabad Bank 1.34Maruti Suzuki India Ltd 1.23Bharat Forge Ltd 0.46

0

10

20

30

40

50

60

70




ELSS - Reliance Tax Saver (ELSS) Fund

0

5000

10000

15000

20000

25000

30000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Reliance Tax Saver (ELSS) Fund - (G)S&P BSE 100

Rs. 14,841

Rs. 21,987

Inception September 22, 2005 Investment StrategyFund Manager Ashwani Kumar The aim of the fund is to identify stocks that provide superior levels of returns at lower levels of

risks. The Fund Manager will be following an active investment strategy taking defensive or aggressive positions depending on the opportunities available in the market. The fund will focus on diversifying the portfolio so as to reduce the concentration risk.



NIL



(%)Stock

Holding (%)

Market Capitalization Syngene International Ltd 0.30 Federal Bank Ltd 0.31

Redington India Ltd 0.3



StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

TVS Motor Company Ltd

9.94 TVS Motor Company Ltd

8.54 Banks 17.63 Banks 19.42

ICICI Bank Ltd 5.04 State Bank of India 5.64 Automobiles 9.94 Electric Equipment

8.77

State Bank of India 4.82 Larsen & Toubro Ltd 5.15 Electric Equipment 8.53 Automobiles 8.54

Axis Bank Ltd 4.65 Axis Bank Ltd 4.96 Engineering 6.33 Engineering 6.79ITC Ltd 4.59 Tata Steel Ltd 4.10 Auto Ancillaries 6.14 Auto Ancillaries 5.79

0

20

40

60

80

Mar-16 Apr-16 May-16 Jun-16Large Cap Mid CapSmall Cap Micro Cap


ELSS - Tata India Tax Savings Fund

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Tata India Tax Savings Fund (D)S&P BSE Sensex

Rs. 14,390

Rs. 20,449



(%)Stock

Holding (%)

Market Capitalization Mahindra & Mahindra Ltd 2.08 Ashok Leyland Ltd 1.72Exide Industries Ltd 2.02 Jet Airways (India) Ltd 1.54

United Breweries Ltd 1.94 Tata Motors-DVR 1.32


1.90 Trent Ltd 0.80

Ujjivan Financial Services Ltd 1.82

Blue Star Ltd 1.27


1.10

Parag Milk Foods Ltd 1.07

Multi Commodity Exchange of India Ltd

1.05

Mahindra CIE Automotive Ltd 1.04

J K Cements Ltd 0.97


Fund Manager Rupesh Patel The Fund Manager will be using a combination of top down and bottom up approach while selecting stocks. The sectors that will be identified for investment will depend on the Fund Management Team’s analysis of business cycles, regulatory reforms, competitive advantage, future outlook etc. As per the SID, “The Scheme will emphasize well managed, high quality companies with above average growth prospects that can be purchased at a reasonable price. Typically these companies will be highly competitive, with a large and growing market share”.



NIL


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

HDFC Bank Ltd 6.60 HDFC Bank Ltd 5.98 Banks 20.52 Banks 19.33

Infosys Ltd 3.82 Yes Bank Ltd 3.22 Pharmaceuticals 10.17 Pharmaceuticals 8.75State Bank of India 3.25 Infosys Ltd 3.03 Automobiles 8.03 Computers 6.09

Yes Bank Ltd 3.04 State Bank of India 3.02 Computers 7.72 Finance 5.74Tata Motors Ltd 2.87 Somany Ceramics

Ltd2.48 Textiles 5.97 Automobiles 5.41


Global - Franklin India Feeder - Franklin U.S. Opportunities Fund

*Srikesh Nair has replaced Roshi Jain as Fund Manager effective May 2, 2016.

Benchmark - Russell 3000 Growth Index I Benchmark data is not available on NAV India

Global - JPMorgan Greater China Equity Off-shore Fund

Benchmark - MSCI Golden Dragon Index | Benchmark data is not available on NAV India

0

5000

10000

15000

20000

25000Fe

b-12

Apr-

12Ju

n-12

Aug

-12

Oct

-12

Dec

-12

Feb-

13Ap

r-13

Jun-

13A

ug-1

3O

ct-1

3D

ec-1

3Fe

b-14

Apr-

14Ju

n-14

Aug

-14

Oct

-14

Dec

-14

Feb-

15Ap

r-15

Jun-

15A

ug-1

5O

ct-1

5D

ec-1

5Fe

b-16

Apr-

16Ju

n-16


Franklin India Feeder - Franklin U.S. Opp. (G)

Rs. 19,560

02000400060008000

100001200014000160001800020000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


JPMorgan JF Greater China Equity Off-Shore Fund(G)

Rs. 14,963


Fund Manager* Srikesh Nair The fund invest into the units of Franklin U. S. Opportunities Fund, which is an international mutual fund investing into the equities of United States of America. The parent fund does not have any market capitalization bias while investing into stocks and has a strong growth potential across a wide range of sectors. The fund uses the bottom up approach to select stocks and follows the growth style of investment.



1% for 3 Years, NILafter 3 Years

Inception August 26, 2009 Investment StrategyFund Manager Ravi Ratanpal The fund will invest into JPMorgan Funds – Greater China Fund, an equity fund that invests

primarily in a diversified portfolio of companies that are domiciled in, or carrying out the main part of their economic activity in, a country of Greater China region. The underlying fund will invest into companies from the People’s Republic of China, Hong Kong and Taiwan (Greater China).



1% within 12 months, NIL after 12 Months


Banking - ICICI Prudential Banking & Financial Services Fund

0

5000

10000

15000

20000

25000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


ICICI Pru Banking & Financial Services (G)S&P BSE BANKEX

Rs. 15,973

Rs. 21,709


Fund Manager Vinay Sharma The fund’s aim is to invest into companies engaged in banking and financial services. As per the SID, “Financial services companies listed in the Indian equity markets include companies like Max India, Aditya Birla Nuvo, Motilal Oswal, etc. which provide non-banking financial services like stock broking, wealth management, insurance, etc. Most of the banks in India like HDFC Bank, ICICI Bank, State Bank of India, etc. also provide these services in addition to the traditional banking services”. The fund will invest into banks and non-banking financial companies.






(%)Stock

Holding (%)

Market Capitalization Equitas Holdings Ltd 3.90 Max Financial Services Ltd

1.97

Housing Development Finance Corporation Ltd

3.12 Bank of Baroda 1.52

Ujjivan Financial Services Ltd 1.06 Max Ventures and Industries Ltd

0.07

South Indian Bank Ltd 0.82


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

HDFC Bank Ltd 12.75 HDFC Bank Ltd 12.82 Banks 66.29 Banks 59.77IndusInd Bank Ltd 10.57 ICICI Bank Ltd 7.40 Finance 23.21 Finance 30.12ICICI Bank Ltd 10.27 Yes Bank Ltd 6.80 Miscellaneous 2.06 Miscellaneous 2.04Axis Bank Ltd 9.95 IndusInd Bank Ltd 5.97 Packaging 0.07Federal Bank Ltd 4.51 Axis Bank Ltd 5.78

0

20

40

60

80




Pharmaceuticals - SBI Pharma Fund

0

5000

10000

15000

20000

25000

30000

35000

40000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


SBI Pharma Fund (G) S&P BSE Healthcare

Rs. 24,135

Rs. 29,020

Inception July 14, 1999 Investment StrategyFund Manager Tanmaya Desai

The funds mandate is to invest into pharmaceutical companies.AUM (June-16) Rs. 1,011 Crore


NIL



Market Capitalization Thyrocare Technologies Ltd 3.39Alembic Pharmaceuticals Ltd 0.85


StockHolding

(%)Stock

Holding (%)

SectorHolding

(%)Sector

Holding (%)

Sun Pharmaceuticals Industries Ltd



Aurobindo Pharma Ltd 10.21 Lupin Ltd 10.69 Healthcare 7.89 Healthcare 10.68Lupin Ltd 9.82 Aurobindo Pharma Ltd 9.55Strides Shasun Ltd 9.14 Strides Shasun Ltd 8.94Divis Laboratories Ltd 8.33 Divis Laboratories Ltd 8.79

0

10

20

30

40

50

60

70



Infrastructure - Canara Robeco Infrastructure

02000400060008000

100001200014000160001800020000

Jul-1

1Se

p-11

Nov-

11Ja

n-12

Mar

-12

May

-12

Jul-1

2Se

p-12

Nov-

12Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov-

13Ja

n-14

Mar

-14

May

-14

Jul-1

4Se

p-14

Nov-

14Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov-

15Ja

n-16

Mar

-16

May

-16


Canara Robeco Infrastructure (G)S&P BSE 100

Rs. 14,841

Rs. 17,101

Inception December 2, 2005 Investment StrategyFund Manager Yogesh Patil The fund will scout for companies in the infrastructure space that are reasonably valued and

have high earnings growth potential. This will be an actively managed fund having focus on fundamentally strong companies that have the potential to grow in the long term. The Fund Manager will try to reduce the concentration risk by adequately diversifying the portfolio.

AUM (June-16) Rs. 126 CroreExit Load(As on June 2016)




Market Capitalization Castrol India Ltd 1.20 Sanghi Industries Ltd 0.52Indraprastha Gas Ltd 0.85

Cummins India Ltd 0.67

IDFC Ltd 0.65


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)UltraTech Cement Ltd 9.06 Power Grid Corporation

of India Ltd8.74 Engineering 16.53 Engineering 15.42


8.87 UltraTech Cement Ltd 8.63 Cement 12.75 Miscellaneous 13.50

Container Corporation Of India Ltd

6.54 Container Corporation Of India Ltd

6.67 Miscellaneous 11.59 Refineries 12.34

Sadbhav Engineering Ltd 5.81 Hindustan Petroleum Corporation Ltd

5.51 Construction 11.26 Cement 12.07

Hindustan Petroleum Corporation Ltd

4.56 Sadbhav Engineering Ltd 5.26 Refineries 10.86 Construction 10.96

0

10

20

30

40

50

60




Infrastructure - Kotak Infrastructure & Economic Reform Fund

0

5000

10000

15000

20000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


Kotak Infrastructure & Economic Reform-SP (G)S&P BSE 100

Rs. 14,841

Rs. 17,766


Fund Manager Harish KrishnanThe mandate of the fund is to invest into the infrastructure sector and also target companies that will take advantage of the economic reforms taking place in the country. In this case, economic reform oriented companies refer to companies in those sectors that will benefit from the liberalization policies of the Government. Such policies include relaxation in foreign exchange controls, FDI in banking and financial services and so on. The fund will also focus on sectors wherein the trend is moving towards a free market based model like retail, media and entertainment, mining, etc.



1.00% on or before 1Y



Market Capitalization Mahanagar Gas Ltd 1.99Grasim Industries Ltd 1.10


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)Shree Cement Ltd 7.90 Shree Cement Ltd 8.21 Miscellaneous 16.25 Miscellaneous 17.12UltraTech Cement Ltd 7.57 UltraTech Cement Ltd 7.09 Cement 15.47 Cement 15.30Indraprastha Gas Ltd 6.26 Larsen & Toubro Ltd 6.67 Engineering 11.33 Engineering 12.09SKF India Ltd 6.17 SKF India Ltd 6.18 Bearings 10.46 Bearings 10.31Larsen & Toubro Ltd 6.12 Thermax Ltd 5.42 Engines 8.01 Engines 8.26

0

10

20

30

40

50




FMCG - SBI FMCG Fund

0

5000

10000

15000

20000

25000

30000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


SBI FMCG Fund (D)S&P BSE Fast Moving Consumer Goods

Rs. 20,923

Rs. 24,775



Market Capitalization Greenply Industries Ltd 2.27 Kansai Nerolac Paints Ltd

5.35

Emami Ltd 2.16 Agro Tech Foods Ltd 1.98Lloyd Electric & Engineering Ltd

1.66

United Spirits Ltd 0.98

Inception July 14, 1999 Investment Strategy

Fund Manager Saurabh Pant

The fund will invest into FMCG companies.AUM (June-16) Rs. 255 Crore


NIL


StockHolding

(%) StockHolding

(%) SectorHolding

(%) SectorHolding

(%)ITC Ltd 40.19 ITC Ltd 37.80 Cigarettes 40.19 Cigarettes 37.80Titan Company Ltd 6.00 Jubilant Foodworks Ltd 6.79 Food 17.88 Food 20.51Procter & Gamble Hygiene and Health Care Ltd

5.77 Nestle India Ltd 5.98 Jewellery 7.28 Jewellery 7.40

Kansai Nerolac Paints Ltd 5.35 Titan Company Ltd 5.66 Breweries & Distilleries

6.28 Personal Care 6.83

United Breweries Ltd 5.24 Manpasand Beverages Ltd

5.03 Personal Care 5.77 Breweries & Distilleries

6.16

0

20

40

60

80




Technology - ICICI Prudential Technology Fund

0

5000

10000

15000

20000

25000

30000

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

Jan-

14M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14N

ov-1

4Ja

n-15

Mar

-15

May

-15

Jul-1

5Se

p-15

Nov

-15

Jan-

16M

ar-1

6M

ay-1

6


ICICI Pru Technology Fund (G)S&P BSE Information Technology

Rs. 18,217

Rs. 22,434

Inception March 3, 2000 Investment StrategyFund Manager Mrinal Singh The fund will invest into technology and technology dependent companies. A majority of the

corpus would be invested in companies constituting the benchmark index that is S&P BSE IT. The Fund Manager has the flexibility to invest into companies outside this index; however, they have to be a part of the Information Technology Services Industry.






Market Capitalization - - - -


Stock Holding (%)

Stock Holding (%)

Sector Holding (%)

Sector Holding (%)

Infosys Ltd 32.56 Infosys Ltd 29.31 Computers 94.25 Computers 94.32Tata Consultancy Services Ltd


11.21

HCL Technologies Ltd 7.94 Wipro Ltd 8.67Wipro Ltd 7.31 HCL Technologies Ltd 8.55Persistent Systems Ltd 7.27 Persistent Systems Ltd 7.99

0

20

40

60

80




Recommended Debt Funds


Short Term - Birla Sun Life Short Term Opportunities Fund

Average Maturity (Years) Portfolio - Instruments (%)

Ratings Profile (%) Fund Performance vis-à-vis Benchmark (As on June 30, 2016)

Benchmark - Crisil AA Short Term Bond Fund IndexBenchmark data is not available on NAV India

5.7

4.88 4.79

5.14

4.0

4.5

5.0

5.5

6.0


0

10

20

30

40

50

60

Mar/16 Apr/16 May/16 Jun/16Corporate Debt ZCBCertificate of Deposits Govt. SecuritiesFloating Rate Instruments Commercial PaperCash & Cash Equivalents

19%

9%

28%1%2%

38%

3%

Jun-16

24%

9%

23%2%

39%

3%

Mar-16

AAA

AA+/LAA+

AA

AA-, A & below A

A1+

Sovereign

Cash & Cash Equivalents

9.36 9.4710.10

1 Year 3 Years 5 Years

Birla Sun Life Short Term Opportunities (G)


Fund Manager Kaustubh Gupta, Sunaina Da Cunha The fund’s focus will be to identify mispriced credit opportunities and invest into those securities

that offer superior yield at acceptable levels of risk. The fund will manage the credit risk by investing into short and medium term securities.





Short Term - DSP BlackRock Income Opportunities Fund

*Pankaj Sharma and Laukik Bagwe have replaced Dhawal Dalal effective July, 2016.



*Custom Benchmark - Crisil Composite Bond Fund Index (50%) + Crisil Short-Term Bond Fund Index (50%) at normalised

values are not available on NAV India

3.32

2.642.93 3.01

- 0.5 1.0 1.5

2.0 2.5 3.0 3.5 4.0


0

20

40

60

80

100

Mar/16 Apr/16 May/16 Jun/16

NCD Commercial Paper

Certificate of Deposits Cash & Cash Equivalents

41%

3%14%

33%

5%3%

Jun-16

37%

4%14%

37%

6%2%

Mar-16

AAA

AA+/LAA+

AA

AA-, A & below A

A1+


9.91 9.57 9.31


DSP BR Income Opportunities Fund (G)


Fund Manager* Pankaj Sharma, Laukik Bagwe

The fund’s mandate states that it can invest into securities that are rated as investment grade by credit rating agencies. The mandate also states that it can also enter into unrated instruments that the Fund Manager considers to be of equivalent quality. The support of the in-house research team is taken to identify the credit risk associated with the various securities. A top down approach is used to select the instruments in the portfolio.



NIL for 10% of the unitsbefore 12M, 1% for excess of the limit within 12 months, NIL after 12 Months


Short Term - Franklin India Short Term Income Plan



Note: Corporate Debts are the unrated instruments in this portfolio

2.00 2.01 2.06 2.03

-

0.5

1.0

1.5

2.0

2.5

3.0


0

20

40

60

80

100


Corporate Debt Commercial Paper

Certificate of Deposits Cash & Cash Equivalents

3%4%

81%

3%

7%2%

Jun-16

3%3%

78%

7%

6%1%

Mar-16

AAA

AA+/LAA+

AA

AA-, A & below A

A1+/A1

UR / N.A.


7.03

8.83 9.348.91 9.08 9.07


Franklin India Short Term Income (G)

Crisil Short-Term Bond Fund Index


Fund Manager Santosh Kamat, Kunal Agrawal The fund’s aim is to find opportunities at the shorter end of the curve. The asset allocation and

maturity profile of this portfolio would be designed in such a manner that it outperforms the Crisil Short Term Bond Fund Index.





Short Term - UTI Short Term Income Fund



1.12

2.232.00

4.00

-

0.5 1.0 1.5 2.0 2.5

3.0 3.5 4.0


0

10

20

30

40

50

60


NCD PSU & PFI Bonds

Certificate of Deposits Govt. Securities

Fixed Deposits Cash & Cash Equivalents

49%

8%1%4%

37%

0%1%

Jun-16

38%

9%1%

34%

9%0%7%

Mar-16

AAAAA+/LAA+AAAA-, A & below AA1+SovereignUR / N.A.Cash & Cash Equivalents

8.83 8.91

9.81

8.919.08 9.07


UTI-Short Term Income Fund - Inst (G)


Inception June 23, 2003 Investment StrategyFund Manager Sudhir Agarwal The fund will invest into money market securities and high quality debt which will generate

reasonable returns with low risk levels. The portfolio will be highly liquid and diversified. The focus of the Fund Manager will be to have instruments that have a low credit risk. The average maturity of the portfolio will be maintained up to 4 years.



NIL


Dynamic Bond - Birla Sun Life Dynamic Bond Fund



19.96

20.9320.53

17.65

16.0

17.0

18.0

19.0

20.0

21.0

22.0


0

50

100

Mar/16 Apr/16 May/16 Jun/16Corporate Debt ZCBCommercial Paper Certificate of DepositsGovt. Securities T BillsFloating Rate Instruments Cash & Cash Equivalents

3%9%

0%

71%

16%

Jun-16

4%6%

5%

82%

3%

Mar-16

AAA

AA+/LAA+

AA

AA-, A & below A

A1+

Sovereign


10.46

9.8310.18

8.919.08 9.07


Birla Sun Life Dynamic Bond Fund - Reg (G)



Fund Manager Maneesh DangiThe fund will be dynamically managed by taking into account the interest rate movements in the short term, by reducing the duration when interest rates are rising while increasing duration when the interest rates are expected to fall. The portfolio would be structured in such a way that it captures positive price movements while minimising the impact of adverse price movements. The SID states that “In order to maximize returns the fund managers may look at curve spreads both on the gilt as well as the corporate bond markets to gain maximum value out of any security/s”.





Dynamic Bond - DSP BlackRock Strategic Bond Fund

*Pankaj Sharma and Vikram Chopra have replaced Dhawal Dalal as Fund Manager effective July 2016.



10.10

12.08

10.37

10.86

9.0

9.5

10.0

10.5

11.0

11.5

12.0

12.5


0102030405060708090

100


NCD Commercial Paper

Govt. Securities Cash & Cash Equivalents

21%

0%

78%

1%

Jun-16

11%

7%

77%

3%

Mar-16

AAA

AA

A1+

Sovereign


9.29

8.91

9.33

10.16

8.57

9.02


DSP BR Strategic Bond Fund (G)

Crisil Composite Bond Fund Index


Fund Manager* Pankaj Sharma, Vikram Chopra The fund will be actively managed depending on the Fund Manager’s near-term outlook on

interest rates and credit spreads. Hence, the average maturity of the fund can vary between short term and long term depending on the Fund Manager’s call on interest rates. The fund’s mandate allows it to invest into both rated and unrated debt securities after conducting proper credit analysis on the same.



NIL


Dynamic Bond - Tata Dynamic Bond Fund



Benchmark - I-Sec Composite Index Benchmark data is not available on NAV India

5.30

6.54 6.68 6.33

- 1.0 2.0 3.0

4.0 5.0 6.0 7.0 8.0


0102030405060708090


NCD Commercial PaperCertificate of Deposits Govt. SecuritiesCash & Cash Equivalents

6%

83%

11%

Jun-16

7%

17%

72%

3%

Mar-16AAA

A1+

Sovereign


8.59

8.99

9.33


Tata Dynamic Bond Fund - Regular (G)


Fund Manager Akhil MittalThe fund will invest into securities of well-managed, good quality companies that are available at a good yield and are rated as investment grade by the rating agencies . As far as the unrated instrument goes, the SID states that “In case of investments in debt instruments that are not rated, specific approval of the Board will be taken except in case of Government Securities being sovereign bonds. However, in case of investment in unrated securities prior board approval is not necessary if investment in within the parameters as stipulated by the board”. The fund has the flexibility to invest into shorter term or longer term instruments depending on the discretion of the Fund Manager.





Dynamic Bond - UTI Dynamic Bond Fund



Note: Fixed Deposits are the unrated instruments in this portfolio

5.17

8.48 9.00

11.00

-

2.0

4.0

6.0

8.0

10.0

12.0


0102030405060708090


NCD Certificate of DepositsGovt. Securities Fixed DepositsCash & Cash Equivalents

12%5%

80%

1%3%

Jun-16

6%3%

23%

63%

1%4%

Mar-16

AAA

AA

A1+

Sovereign

UR / N.A.


9.179.56

9.8510.16

8.57

9.02


UTI-Dynamic Bond Fund (G)Crisil Composite Bond Fund Index

Inception June 16, 2010 Investment StrategyFund Manager Amandeep Chopra The Fund will be actively managed depending on the evolving interest rate scenario. The fund

can mimic a cash fund when interest rates are rising, it can also take on the form of an Income Fund during a falling interest rate scenario. The fund may be positioned between a short term fund and a medium/long term fund.



1.00% on or before365D, NIL after 365D


Income - Axis Income Fund



10.50

6.50 6.70

4.20

-

2.0

4.0

6.0

8.0

10.0

12.0


-100

10203040506070


Corporate Debt ZCB

Govt. Securities Commercial Paper

Certificate of Deposit Cash & Cash Equivalents

51%

2%2%7%

19%

9%

11%

Jun-16

35%

1%7%

61%

-4%

Mar-16

AAA

AA+/LAA+

AA

AA-, A & below A

A1+

Sovereign


9.158.45

10.168.57

1 Year 3 Years

AXIS Income Fund (G)



Fund Manager Devang ShahThe fund’s mandate is to invest into high quality debt and money market instruments to achieve optimal risk adjusted returns in the medium term. The Fund Manager will invest into the different Fixed Income securities depending on his views on interest rates and the liquidity of the instruments. On the other hand, the duration and credit exposures will be decided after conducting a thorough research on the general macroeconomic condition, political environment, systemic liquidity, inflationary expectations, corporate performance and other economic conditions.



For 10% of investment : Nil, For remaining investment : 1%, NIL If redeemed after 12 months from the date of allotment.


Income - Franklin India Income Builder Account



3.21

3.11

3.28

3.35

3.0 3.0 3.1 3.1 3.2 3.2 3.3 3.3 3.4 3.4


0102030405060708090


Corporate Debt Certificate of Deposits



10% 0%

72%

16%2%

Jun-16

6% 0%

74%

9%

9%2%

Mar-16

AAA

AA

AA-, A & below A

A1+

Sovereign


7.31 8.13

9.7510.168.57 9.02


Franklin India IBA - (G)


Inception June 23, 1997 Investment StrategyFund Manager Santosh Kamat, Sumit Gupta

The fund will be an actively managed basket of high quality fixed income instruments that aim at delivering superior risk-adjusted returns.

AUM (June-16) Rs. 1,231 CroreExit Load(As on June 2016)



Income - ICICI Prudential Long Term Plan



15.18

11.36

14.77 14.29

- 2.0

4.0 6.0 8.0

10.0 12.0

14.0 16.0


0102030405060708090

100


NCD Certificate of Deposits



1%

91%

8%

Jun-16

1% 11%

79%

9%

Mar-16

AAA

A1+

Sovereign


11.0412.27

11.1610.16

8.57 9.02


ICICI Pru Long Term Plan - Regular (G)



Fund ManagerManish Banthia, Anuj Tagra

The Fund will invest into a wide range of debt and money market instruments of various maturities with the aim of maximizing income while maintaining a balance between yield, safety and liquidity. The Fund Manager would study the macro economic conditions, including the political and economic environment as well as the factors affecting liquidity and interest rates so as to predict the direction of interest rates. Accordingly, the portfolio would be positioned on these lines.



0.25% on or before 1M, NIL after 1M


Income - Tata Income Fund


5.276.09 6.21 6.42

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0


0102030405060708090

100


NCD Commercial PaperCertificate of Deposits Govt. SecuritiesCash & Cash Equivalents


Fund Manager Akhil MittalThe mandate states that the 95% of the corpus would be invested in debt and debt related instruments that are rated as investment grade by a rating agency. In addition to this, the fund can also invest into unrated papers subject to appropriate approvals. On the other hand, the rest 5% of the surplus can be invested into money market instruments to meet the temporary liquidity requirements that may arise in the fund.





10%

83%

7%

Jun-16

13%

11%

71%

4%

Mar-16

AAA

A1+

Sovereign


8.607.94

8.9910.16

8.57 9.02


Tata Income Fund - (AO)



Gilt (Long Term) - IDFC Government Securities Fund – Investment Plan



Benchmark - I-Sec Composite Index Benchmark data is not available on NAV India

4.86

6.59 6.557.37

-

1.0 2.0 3.0 4.0 5.0

6.0 7.0 8.0


0102030405060708090

100



98%

2%

Jun-16

97%

3%

Mar-16

Sovereign


8.878.12

10.18


IDFC G Sec Fund - Invst Plan - A (G)

Inception March 9, 2002 Investment StrategyFund Manager Suyash Choudhary

The fund will invest into Government Securities with the aim of providing optimal returns. This will be a highly liquid fund.


NIL


Gilt (Long Term) - SBI Magnum Gilt Fund – Long Term Plan



Benchmark - I-Sec Li-BEXBenchmark data is not available on NAV India

5.23

9.188.07

10.58

-

2.0

4.0

6.0

8.0

10.0

12.0


0102030405060708090

100



98%

2%

Jun-16

99%

1%

Mar-16

Sovereign


9.41 9.42

10.47


SBI Magnum Gilt Fund - Long term (G)

Inception December 30, 2000 Investment StrategyFund Manager Dinesh Ahuja

The fund’s intent is to invest into Government Securities issued by the Central Government and/ or a State Government. The fund will normally have an average maturity which is longer than 3 years.

AUM (June-16) Rs. 1,937 CroresExit Load(As on June 2016)

NIL


Corporate Bond Fund - SBI Corporate Bond Fund



3.262.86

3.663.30

- 0.5

1.0 1.5 2.0 2.5 3.0 3.5

4.0


0

20

40

60

80

100


Corporate Debt Commercial Paper

Certificate of Deposits Govt Securities / Sovereign


15%

6%

18%

45%

8%5%

4%

Jun-16

10%2%

21%

51%

13%2%

Mar-16

AAA

AA+/LAA+

AA

AA-, A & below A

A1+

Sovereign


9.82 10.36 10.0210.16

8.579.02


SBI Corporate Bond Fund (G)


Inception July 19, 2004 Investment StrategyFund Manager Dinesh Ahuja As per the mandate, “The fund aims to provide investors with yield spread on corporate

debt securities by cautiously managing the excess risk on its corporate investments. The fund will follow an active credit quality management strategy”. The Fund Manager will invest into corporate securities that are either expected to be reasonably liquid or of different maturities. This will be a diversified portfolio with the aim of reducing concentration risk.

AUM (June-16) Rs. 1,184 Crores


3.00% within 12M ,1.50% after 12M But within 24M ,0.75% after 24M But within 36M ,NIL after 36M


Recommended Hybrid Mutual Funds


Balanced – HDFC Balanced Fund

Stock Count Debt - Instruments (%)Stocks as on March 2016 66 Stocks as on

June 2016 68What’s In, Whats’ Out ( Mar-16 to Jun-16)

IN OUT

Stock Holding (%)

Stock Holding (%)

Maruti Suzuki India Ltd 1.21 Greenlam Industries Ltd

0.42

Mahindra Holidays & Resorts India Ltd

0.88 WABCO India Ltd 0.17

Century Plyboards (India) Ltd

0.26

Mahanagar Gas Ltd 0.02

0

5

10

15

20

25

30




5.95

23.17

14.54

3.11

11.318.65



HDFC Balanced Fund (G) CRISIL Balanced Fund - Aggressive Index

Inception September 11, 2000 Investment StrategyFund Manager Chirag Setalvad The fund will dynamically allocate the surplus between equities and debt

depending on the Fund Manager’s views on the particular asset class. The investments in equities would be guided by economic earning power and cash return on investments. As far as debt is concerned, the Fund Manager has the flexibility to invest in the entire range of debt instruments (including securitized debt) and money market instruments.



Upto 15% of the units may be redeemed without any exit load from the date of allotment. For the rest, 1.00% on or before 1Y, NIL after 1Y, NIL

Asset Allocation (%) Equity - Market Capitalisation

71%

24%

5%

June 2016

70%

27%

2%

March 2016

Equity

Debt

Cash & Others

0

10

20

30

40

50


Large Cap Mid Cap Small Cap Micro Cap


Balanced – ICICI Prudential Balanced Fund

*Atul Patel is one of the co-Fund Managers effective August 3, 2016.



IN OUT

StockHolding

(%) StockHolding

(%)Bharti Airtel Ltd 4.05 Tata Motors Ltd 3.66Ipca Laboratories Ltd 1.35 Motherson Sumi

Systems Ltd2.07

Healthcare Global Enterprises Ltd

0.04 Bharat Petroleum Corporation Ltd

1.54

Narayana Hrudayalaya Ltd

0.02 Larsen & Toubro Ltd

0.92

Vedanta Ltd 0.78

Tech Mahindra Ltd 0.36 Fund Performance vis-à-vis Benchmark (As on June 30, 2016)Tata Communications Ltd

0.35

IDFC Ltd 0.13Bata India Ltd 0.06Karur Vysya Bank Ltd

0.03

-5

0

5

10

15

20


NCD Commercial PaperCertificate of Deposit Bills DiscountedGovt. Securities Fixed DepositsCash & Cash Equivalents

6.69

20.77

15.40

3.11

11.318.65


ICICI Prudential Balanced Fund - (G)Crisil Balanced Fund - Agressive Index

Inception November 3, 1999 Investment Strategy

Fund Manager* Sankaran Naren, Atul Patel, Manish Banthia The fund will invest into equities and debt with the aim of providing long term capital

appreciation to investors. As for equities, a bottom up approach would be used to identify companies with above average profitability, supported by sustainable competitive advantages. On the other hand, the Fund Manager would use the top down discipline to ensure that companies from various industries are included in the portfolio. The fund would take only a small exposure in the mid and small cap segment.



20% of units within 1 Year from allotment– NILMore than 20% of units, within 1 Year – 1% of applicable NAV More than 1 Year – NIL


69%

20%

11%

June 2016

73%

26%

1%

March 2016

Equity

Debt

Cash & Others0

20

40

60

80




Balanced – Tata Balanced Fund

* Pradeep Gokhale has replaced Atul Bhole as Fund Manager effective April 1, 2016.



IN OUT

StockHolding

(%) StockHolding

(%)Mahindra & Mahindra Ltd

1.37 Bajaj Finance Ltd 1.24

United Breweries Ltd 0.72Britannia Industries Ltd

0.96

Ujjivan Financial Services Ltd

0.71 Astra Microwave Products Ltd

0.35

Coal India Ltd 0.70MBL Infrastructures Ltd 0.33

Parag Milk Foods Ltd 0.69Indoco Remedies Ltd

0.28

Multi Commodity Exchange of India Ltd

0.55IL&FS Transportation Networks Ltd

0.26

Idea Cellular Ltd 0.51Texmaco Rail & Engineering Ltd

0.19 Fund Performance vis-à-vis Benchmark (As on June 30, 2016)

Oracle Financial Services Software Ltd

0.50

Lupin Ltd 0.49

Biocon Ltd 0.35

Vedanta Ltd 0.34

ACC Ltd 0.26

Orient Cement Ltd 0.18

IDFC Ltd 0.15

0

5

10

15

20


NCD ZCB

Commercial Paper Certificate of Deposits


3.85

21.95

15.62

3.11

11.318.65


Tata Balanced Fund - Regular (G)

CRISIL Balanced Fund - Aggressive Index


Inception October 8, 1995 Investment Strategy

Fund Manager* Pradeep Gokhale, Akhil Mittal The fund will invest 65% to 75% of the corpus into equities while the remaining 25% to 35%

will be allocated into fixed income instruments. When the markets are in a bullish phase, the fund will take aggressive calls. Similarly, during a market downturn; the fund will be less risky.


1.00% on or before 365D,NIL after 365D

71%

21%

7%

June 2016

71%

27%

2%

March 2016Equity

Debt

Cash & Others0

20

40

60




MIP – Canara Robeco Monthly Income Plan

Asset Allocation (%) Debt - Instruments (%)

Debt - Ratings Profile (%) Equity - Market Capitalisation

25%

62%

13%

June 2016

24%

67%

8%

March 2016Equity

Debt

Cash & Others

0

10

20

30

40

50

Mar/16 Apr/16 May/16 Jun/16Corporate Debt Commercial Paper

Certificate of Deposits Govt. Securities


41%

5%5%

11%

13%

Jun-16

12%

4%3%

13%35%

8%

Mar-16

AAAAA+/LAA+AA-, A & below AA1+SovereignCash & Cash Equivalents

02468

1012141618




Fund ManagerAvnish Jain,Ravi Gopalakrishnan

The mandate of the fund is to invest a major portion of the surplus in debt instruments while a small portion can be parked in equities. As far as the fixed income instruments are concerned, the fund will take an exposure into debt securities of various maturities and risk profile such as Central / State Government Securities, Bonds of PSU / FIs, Corporate Debt of both public and private sector undertakings, Certificate of Deposits, Commercial Papers and such other instruments. These instruments can be listed or un-listed, secured or unsecured, rated or un-rated.





4.55

10.969.208.60 9.29 9.04


Canara Robeco Monthly Income Plan (Growth)

Crisil MIP Blended Index


MIP – ICICI Prudential MIP 25

Asset Allocation (%) Debt - Instruments (%)

Debt - Ratings Profile (%) Equity - Market Capitalisation

23%

74%

3%

June 2016

23%

74%

2%

March 2016

Equity

Debt

Cash & Others0

20

40

60

80





15%

3%0%7%

2%47%

3%

Jun-16

2%3%

0%7%

3%

59%

2%

Mar-16

AAA

AA+/LAA+

AA

AA-, A & below A

A1+

Sovereign


0

5

10

15

20



Inception March 30, 2004 Investment StrategyFund Manager Rajat Chandak, Manish Banthia The fund will normally invest 75% of the corpus in debt instruments, money

market instruments and cash, while 25% will go into equities. The aim of the fund is to offer superior yields at lower risk levels. The fund will try to provide liquidity by staggering maturities for various instruments and a good portion of the surplus will also be invested in liquid government, corporate papers and money market securities.



Upto 20% of the units may be redeemed without any exit load from the date of allotment. For the rest, 1.00% on or before 1Y, NIL after 1Y


9.06

12.4310.83

8.60 9.29 9.04


ICICI Prudential MIP 25 (G) Crisil MIP Blended Index


DisclaimeriFAST and/or its content and research team’s licensed representatives may own or have positions in the mutual funds of any of theAsset Management Company mentioned or referred to in the article, and may from time to time add or dispose of, or be materiallyinterested in any such. This article is not to be construed as an offer or solicitation for the subscription, purchase or sale of any mutual fund. No investment decision should be taken without first viewing a mutual fund's scheme information document including statement of additional information. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Investors should seek for professional investment, tax, and legal advice before making an investment or any other decision. Past performance and any forecast is not necessarily indicative of the future or likely performance of the mutual fund. The value of mutual funds and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. Please read our disclaimer on the website. Please read our disclaimer in the website. Risk Factors: Mutual funds, like securities investments, are subject to market risks and there is no guarantee against loss in the Scheme or that the Scheme’s objectives will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down depending on various factors and forces affecting capital markets. Past performance of the Sponsor/the AMC/the Mutual Fund does not indicate the future performance of the Scheme. The name of the Scheme does not in any manner indicate the quality of the Scheme, its future prospects or returns. Please read the Statement of Additional Information and Scheme Information Document carefully before investing.

recommended funds 2016 – portfolio & performance update ... · 5 recommended funds 2016 –...

Documents