Connect for the Month of February 2009 - Birla Sun Life Mutual Fund

F e b r u a r y 2 0 0 9
Birla Sun Life Cash Plus
As on January 30, 2009
Investment Style Box
High
Credit Quality
Med
Low
Fund Details
Interest Rate
Sensitivity
High
Mid
Low
Fund Manager : Mr. Satyabrata Mohanty &
Mr. Maneesh Dangi
Managing Fund Since : November 30, 2007
Total Experience : 10 years & 6 years
Date of inception : June 16, 1997
Nature of the scheme : An Open Ended Liquid Scheme
Key Features
Default option : Appln of less than Rs. 1 cr - Retail
Plan - Dividend Reinvestment
Appln of equal to or greater than
Rs. 1 cr but less than Rs. 5 cr -
Institutional Plan - Daily Dividend
Reinvestment
Appln of equal to or greater than
Rs. 5 cr - Institutional Premium
Plan - Daily Dividend
Reinvestment
Retail Plan
Fresh Purchase : Rs. 10000/-
Additional Purchase : Rs. 1000/-
Institutional Plan
Fresh Purchase : Rs. 1 Crore
Additional Purchase : Rs. 1 Lac
Institutional Premium Plan
Fresh Purchase : Rs. 5 Crore
Additional Purchase : Rs. 1 Lac
Redemption Cheques : Within 10 working days
issued
Systematic Investment : Not Available
Plan (SIP)
Systematic Withdrawal : Available
Plan (SWP)
Systematic Transfer : Available
Plan (STP)
Plans / Options & NAV
Retail Plan
Growth : 23.3343
Daily Dividend : 16.3724
(Reinvestment)
Institutional Plan
Growth : 23.5887
Daily Dividend : 10.8045
(Reinvestment)
Fortnightly Dividend : 10.8381
(Payout & Reinvestment)
Weekly Dividend : 10.8090
(Payout & Reinvestment)
Institutional Premium Plan
Growth : 13.9094
Daily Dividend : 10.0216
(Payout & Reinvestment)
Fortnightly Dividend : 10.0000
(Payout & Reinvestment)
Weekly Dividend : 10.0246
(Payout & Reinvestment)
Monthly Dividend : 10.0021
(Payout & Reinvestment)
Benchmark : CRISIL Liquid Fund Index
Average AUM : Rs. 5931.87 Crores
Load Structure
Entry Load : Nil
An open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious
investments in high quality debt and money market instruments.
% Returns
12
10
8
6
4
2
0
Investment Performance
8.11
6.71 6.80
Investment Objective
Birla Sun Life Cash Plus - Retail - Growth
CRISIL Liquid Fund Index
Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1
year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
Issuer % to Net Rating
Assets
Money Market Instruments 36.02
ICICI Bank Ltd. 9.31 A1+
Canara Bank 4.20 P1+
Punjab National Bank 3.95 F1+
Housing Development Finance Corporation Ltd. 3.64 A1+
IDBI Bank Ltd. 2.38 P1+
UCO Bank Ltd. 1.59 P1+
State Bank of Patiala 1.58 A1+
Indiabulls Financial Services Ltd. 1.46 P1+
Oriental Bank Of Commerce 1.14 P1+
State Bank of Hyderabad 1.05 A1+
Allahabad Bank 0.96 P1+
Yes Bank Ltd. 0.60 A1+
State Bank of India 0.48 P1+
State Bank of Patiala 0.45 P1+
Standard Chartered Inv And Loans (I) Ltd 0.39 P1+
State Bank Of Bikaner And Jaipur 0.37 A1+
Indian Bank 0.37 F1+
CitiBank N.A. 0.33 P1+
Development Credit Bank Ltd. 0.32 P1+
State Bank of Travancore 0.30 P1+
Tata Motors Finance Ltd. 0.29 P1
Reliance Capital Ltd. 0.24 A1+
Karur Vysya Bank Ltd. 0.21 F1+
GE Capital Services India Ltd. 0.15 P1+
Federal Bank Ltd. 0.11 P1+
IDBI Bank LTD. 0.08 A1+
ICICI Securities Ltd. 0.04 P1+
Export-Import Bank of India 0.01 A1+
Floating Rate Instruments 23.00
9.88
Housing Development Finance Corporation Ltd. 5.36 AAA
Infrastructure Development Finance Company Ltd. 3.23 LAAA
CitiFinancial Consumer Finance India Ltd 1.92 AA+
Jindal Saw Ltd. 1.60 A1+
LIC Housing Finance Ltd. 1.22 AAA
Tata Sons Ltd. 1.20 AAA
Global Trade Finance Ltd. 1.20 P1+
Housing Development Finance Corporation Ltd. 1.07 LAAA
10.40
7.60 7.55
15 days 1 Month 3 Months Since Inception
AAA
Cash & Current Assets
Portfolio & Asset Allocation
AA
8.52%
Rating Profile
23.61%
67.86%
Issuer % to Net Rating
Assets
Madras Cements Ltd. 0.80 A1+
Gruh Finance Ltd 0.80 LAA+
LIC Housing Finance Ltd. 0.64 AAA
Axis Bank Ltd. 0.63 LAA+
ICICI Bank Ltd. 0.53 AAA
Power Finance Corp. Ltd. 0.46 AAA
ICICI Bank Ltd. 0.40 CARE AAA
Hero Honda Finlease Ltd. 0.40 P1+
Citicorp Finance India Ltd. 0.40 AA+
Indian Railway Finance Corporation Ltd. 0.39 AAA
Infrastructure Development Finance Company Ltd. 0.32 AAA
IDBI Bank LTD. 0.24 AA+
Sundaram Finance Ltd. 0.13 LAA+
Union Bank of India 0.08 AA+
Securitised Debt 14.81
HINDUSTAN PETROLEUM** 4.77 A1+(SO)
VODAFONE ESSAR LIMITED** 3.41 F1+(SO)
DLF LTD** 16353.11 2.61 F1(SO)
INDIABULLS FINANCIAL SERVICES LIMITED** 1.61 P1+(SO)
BHARTI VENTURES LIMITED LOAN TRUST** 1.59 A1+(SO)
BENNETT, COLEMAN &COMPANY LIMITED** 0.81 P1+(SO)
Corporate Debt 2.57
Tata Motors Ltd.** 1.44 P1
Housing Development Finance Corporation Ltd.** 1.13 AAA
Cash & Current Assets 23.61
Total Net Asset 100.00
** Represents thinly traded/ non traded securities and illiquid securities.Total Percentage of thinly/non traded securities is 17.38 %.
Exit Load : Nil
Other Parameter
Average Maturity : 0.21 Years
Yield to Maturity : 7.70%
(for Debt Component)
Standard Deviation : 0.23%
CRISIL~CPR 2^^
Birla Sun Life Cash Plus - Institutional Plan
Liquid Institutional Scheme ( 9 Schemes), 1 Yr ended 31-Dec-08
CRISIL~CPR 1^^
Birla Sun Life Cash Plus - Retail Plan
Consistent CPR Performer - Liquid (15 Schemes) , 5 Yrs ended 31-Dec-08
Note:
Standard Deviation is calculated on annualised basis using 1 year history of
monthly returns, source: MFI
#
Value Research Rating
Birla Sun Life Cash Plus - Institutional Premium Plan
Debt: Ultra Short Term Inst. Prem. Schemes (44 Schemes), 18 months & 3 years ended 31-Jan-09
(Past performance is no guarantee of future results.) for ranking methodology please refer page 47
#
Value Research Rating
Birla Sun Life Cash Plus - Retail Plan
Debt: Ultra Short Term Schemes (40 Schemes), 18 months & 3 years ended 31-Jan-09
+The grading has been assigned by ICRA and indicates highest quality. The investment quality is similar to that of fixed income obligations of highest safety and with maturity
corresponding upto 1 year. This grading should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns.
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