Connect for the Month of February 2009 - Birla Sun Life Mutual Fund
Connect for the Month of February 2009 - Birla Sun Life Mutual Fund
Connect for the Month of February 2009 - Birla Sun Life Mutual Fund
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F e b r u a r y 2 0 0 9<br />
<strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong> Equity <strong>Fund</strong><br />
As on January 30, <strong>2009</strong><br />
Investment Style Box<br />
Investment Style<br />
Value Blend Growth Size<br />
<strong>Fund</strong> Details<br />
<strong>Fund</strong> Manager : Mr. Mahesh Patil<br />
Managing <strong>Fund</strong> Since : October 01,2006<br />
Total Experience : 16 years<br />
Date <strong>of</strong> inception : August 27, 1998<br />
Nature <strong>of</strong> <strong>the</strong> scheme : An open - ended Growth Scheme<br />
Key Features<br />
Default option : Dividend Reinvestment<br />
Fresh Purchase : Rs. 5000/-<br />
Additional Purchase : Rs. 1000/-<br />
Redemption Cheques : Within 10 working days<br />
issued<br />
Systematic Investment : Available<br />
Plan (SIP)<br />
Systematic Withdrawal : Available<br />
Plan (SWP)<br />
Systematic Transfer : Available<br />
Plan (STP)<br />
Plans / Options & NAV<br />
Dividend : 40.01<br />
( Payout, Reinvestment & Sweep)<br />
Growth : 124.15<br />
Benchmark : BSE 200<br />
Average AUM : Rs. 720.02 Crores<br />
Load Structure (Incl <strong>for</strong> SIP)<br />
Entry Load* : < Rs. 5 crores - 2.25%<br />
Rs. 5 crores - Nil<br />
Exit Load** : < Rs. 5 crores - 1% if redeemed<br />
/ switched out within 12 months<br />
Rs. 5 crores - Nil<br />
*For direct application: Entry Load is<br />
Nil.<br />
**Exit / Entry Load is NIL <strong>for</strong> units<br />
issued in Bonus & Dividend<br />
Reinvestment.<br />
O<strong>the</strong>r Parameter<br />
Standard Deviation : 32.10%<br />
Sharpe Ratio ##<br />
: -0.23<br />
Beta : 0.93<br />
Annual Portfolio<br />
Turnover ratio : 4.33<br />
Large<br />
Mid<br />
Small<br />
Note:<br />
Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using<br />
3 years history <strong>of</strong> monthly returns, source: MFI<br />
##Risk-free rate assumed to be 4.75%(91 day T-bill yield as on January 30, <strong>2009</strong>)<br />
Investment Objective<br />
An open-ended growth scheme with <strong>the</strong> objective <strong>of</strong> long term growth <strong>of</strong> capital, through a portfolio with a target allocation <strong>of</strong> 90% equity and<br />
10% debt and money market securities.<br />
% Returns<br />
<strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong> Equity <strong>Fund</strong> - Growth BSE 200<br />
Investment Per<strong>for</strong>mance<br />
Systematic Investment Plan (SIP)<br />
Past per<strong>for</strong>mance may or may not be sustained in future. Returns are in % and<br />
absolute returns <strong>for</strong> period less than 1 year & CAGR <strong>for</strong> period 1 year or more.<br />
SIP is a powerful tool that can help you create wealth over time. If you had invested in <strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong> Equity <strong>Fund</strong>...<br />
Date <strong>of</strong> First Installment : October 01, 1998<br />
The data assumes <strong>the</strong> investment <strong>of</strong> Rs.1,000/- on 1st day <strong>of</strong> every month or <strong>the</strong> subsequent working day. Load and Taxes are not considered <strong>for</strong> computation <strong>of</strong><br />
returns. Past per<strong>for</strong>mance may or may not be sustained in future.<br />
*CAGR Returns are computed after accounting <strong>for</strong> <strong>the</strong> cash flow by using <strong>the</strong> XIRR method (investment internal rate <strong>of</strong> return)<br />
Issuer<br />
40<br />
30<br />
20<br />
10<br />
0<br />
-10<br />
-20<br />
-30<br />
-40<br />
-50<br />
-60<br />
-51.11<br />
Investment Period<br />
1 Year 3 Years<br />
-50.36<br />
Total Investment<br />
(Rs.)<br />
% to Net<br />
Assets<br />
Banks 14.19<br />
HDFC Bank Ltd. 3.52<br />
State Bank <strong>of</strong> India 3.30<br />
ICICI Bank Ltd. 2.69<br />
Axis Bank Ltd. 2.38<br />
Indian Bank 1.42<br />
Kotak Mahindra Bank Ltd. 0.88<br />
Petroleum Products 9.26<br />
Reliance Industries Ltd. 7.45<br />
Indian Oil Corporation Ltd. 1.81<br />
Telecom-Services 8.15<br />
Bharti Airtel Ltd. 5.73<br />
Reliance Communications Ltd. 2.41<br />
Finance 5.44<br />
HDFC Ltd. 1.88<br />
Rural Electrification Corporation Ltd. 1.41<br />
United Breweries Holdings Ltd. 0.94<br />
IDFC Ltd. 0.69<br />
India Infoline Ltd. 0.52<br />
Consumer Non Durables 4.60<br />
ITC Ltd. 3.29<br />
United Spirits Ltd. 1.30<br />
Industrial Capital Goods 4.51<br />
Bharat Heavy Electricals Ltd. 1.62<br />
Crompton Greaves Ltd. 1.46<br />
-2.75<br />
Issuer<br />
Value (Rs.) <strong>of</strong> SIP in Returns (%)*<br />
BSE 200 <strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong> BSE 200<br />
Equity <strong>Fund</strong><br />
Since Inception 124000 229881 396430 11.46 21.22<br />
Last 5 years 60000 56707 65448 -2.22 3.43<br />
Last 3 years 36000 24640 25134 -23.12 -21.98<br />
Last 1 year 12000 8210 8318 -52.64 -51.32<br />
Portfolio & Asset Allocation<br />
% to Net<br />
Assets<br />
Thermax Ltd. 0.84<br />
Bharat Bijlee Ltd. 0.59<br />
Power 4.43<br />
Tata Power Company Ltd. 1.82<br />
CESC Ltd. 1.60<br />
KEC International Ltd. 1.01<br />
Oil 3.86<br />
Oil & Natural Gas Corporation Ltd. 3.86<br />
S<strong>of</strong>tware 3.44<br />
Infosys Technologies Ltd. 3.05<br />
Megas<strong>of</strong>t Ltd. 0.39<br />
Pharmaceuticals 3.06<br />
Dr. Reddy's Laboratories Ltd. 2.06<br />
<strong>Sun</strong> Pharmaceutical Industries Ltd. 0.97<br />
Maestro Mediline Systems Ltd. 0.03<br />
Construction Projects 1.61<br />
Larsen & Toubro Ltd. 1.61<br />
Non - Ferrous Metals 1.61<br />
Sterlite Industries (India) Ltd. 1.61<br />
Retailing 1.39<br />
Pantaloon Retail (India) Ltd. 1.25<br />
Pantaloon Retail -Bonus- Class B Shares Ser 1 ** 0.14<br />
Issuer<br />
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage <strong>of</strong> thinly/non traded securities is 0.14%.<br />
-4.00<br />
17.47<br />
8.64<br />
27.30<br />
13.16<br />
5 Years Since Inception<br />
<strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong><br />
Equity <strong>Fund</strong><br />
% to Net<br />
Assets<br />
Media & Entertainment 1.17<br />
Balaji Telefilms Ltd. 0.64<br />
Jagran Prakashan Ltd. 0.53<br />
Magnasound India Ltd.** 0.00<br />
Cement 0.74<br />
Century Textile & Industries Ltd. 0.74<br />
Diversified 0.65<br />
Hindustan Unilever Ltd. 0.65<br />
Construction 0.44<br />
IVRCL Infrastructures & Projects Ltd. 0.44<br />
Future and Options 12.53<br />
CNX Nifty Fut Feb <strong>2009</strong> 8.32<br />
State Bank Of India Fut Feb09 0.91<br />
Reliance Infrastructure Ltd. Fut Feb09 1.29<br />
Larsen & Toubro Ltd. Fut Feb09 1.01<br />
Reliance Communications Ltd. Fut Feb09 1.00<br />
Auto 0.16<br />
Maruti Suzuki India Ltd. 0.16<br />
Cash & Cash Equivalents 25.80<br />
Net receivables / payables -7.04<br />
Total Net Asset 100.00<br />
Value Research Rating#<br />
<strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong> Equity <strong>Fund</strong><br />
Equity Diversified (131 Schemes), <strong>for</strong> 3 & 5 Years periods ending 31-Jan-09<br />
CRISIL~CPR 2^^<br />
<strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong> Equity <strong>Fund</strong><br />
Consistent CPR Per<strong>for</strong>mer - Equity ( 29 Schemes), 5 Yrs ended 31-Dec-08<br />
04<br />
(Past per<strong>for</strong>mance is no guarantee <strong>of</strong> future results.) <strong>for</strong> ranking methodology please refer page 47
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