Connect for the Month of March 2007 - Birla Sun Life Mutual Fund
Connect for the Month of March 2007 - Birla Sun Life Mutual Fund
Connect for the Month of March 2007 - Birla Sun Life Mutual Fund
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As on February 28, <strong>2007</strong><br />
Investment Objective:<br />
An open-end income scheme with <strong>the</strong><br />
primary objective to generate regular<br />
income so as to make monthly and<br />
quarterly distributions to Unitholders<br />
and <strong>the</strong> secondary objective as growth<br />
<strong>of</strong> capital. <strong>Month</strong>ly income is not<br />
assured and is subject to availability <strong>of</strong><br />
distributable surplus.<br />
Date <strong>of</strong> inception / takeover:<br />
July 14, 1999<br />
NAV:<br />
Rs.<br />
Dividend 10.6311<br />
Growth 25.0732<br />
Quarterly Dividend 11.1508<br />
Load Structure (Incl. <strong>for</strong> SIP):<br />
Entry Load: NIL<br />
Exit Load: For redemption / switch<br />
out <strong>of</strong> units within 12 months from <strong>the</strong><br />
date <strong>of</strong> allotment: 1%<br />
Benchmark:<br />
M a r c h 2 0 0 7<br />
CRISIL MIP Blended Index<br />
<strong>Birla</strong> <strong>Sun</strong> <strong>Life</strong> <strong>Month</strong>ly Income<br />
An open- ended fund. <strong>Month</strong>ly income is not assured and is subject to availability <strong>of</strong> distributable surplus<br />
Investment Style: (Equity) Value + Growth<br />
Interest Rate Sensitivity: (Debt) Medium<br />
Issuer Market Value % to Net Rating<br />
Rs. in. Lacs Assets<br />
Government Bond 4351.26 33.57<br />
Govt Bond 7.44% OIL MKTG. COS.2012 2858.98 22.06 Sovereign<br />
Govt Bond 7.61% Oil Company 2015 1492.29 11.51 Sovereign<br />
Securitised Debt 1926.12 14.86<br />
Ind Ret ABS Trust Ser 49(A4)<br />
18 MAY 2010 ** 1586.04 12.24 AAA(SO)<br />
India Infrastructure Developers Limited ** 287.43 2.22 AAA(SO)<br />
Goldstar Trust (CITI) ** 36.45 0.28 AAA(SO)<br />
Fleet Trust July 2004 A2 Series ** 12.23 0.09 AAA(SO)<br />
Fleet Trust April 2004 Series ** 3.96 0.03 AAA(SO)<br />
EQUITY 1763.87 13.61<br />
Gujarat Gas Co. Ltd. 159.48 1.23<br />
Bharti Airtel Ltd. 143.75 1.11<br />
United Breweries Holdings Ltd. 138.12 1.07<br />
Nirma Ltd. 127.81 0.99<br />
Rallis India Ltd. 127.29 0.98<br />
BOC India Ltd. 121.48 0.94<br />
Hero Honda Motors Ltd. 116.88 0.90<br />
Pritish Nandy Communications Ltd. 111.08 0.86<br />
Mahindra & Mahindra Ltd. 96.73 0.75<br />
Nestle India Ltd. 95.84 0.74<br />
United Phosphorous Ltd. 95.04 0.73<br />
State Bank <strong>of</strong> India 93.52 0.72<br />
ETC Networks Ltd. 83.48 0.64<br />
Oriental Bank <strong>of</strong> Commerce 79.38 0.61<br />
Trent Ltd. 49.35 0.38<br />
Hindustan Sanitaryware & Industries Ltd. 45.66 0.35<br />
Indian Bank 28.59 0.22<br />
Subros Ltd. 25.33 0.20<br />
United Breweries Ltd. 25.06 0.19<br />
Magnasound India Ltd. ** 0.00 0.00<br />
Portfolio<br />
Issuer Market Value % to Net Rating<br />
Rs. in. Lacs Assets<br />
PSU/PFI Bonds/Banks 300.19 2.32<br />
Power Finance Corporation Ltd. ** 290.87 2.24 AAA<br />
Power Finance Corporation Ltd. ** 9.32 0.07 AAA<br />
Cash & Current Assets 3045.89 23.50<br />
Total Net Asset 12961.66 100.00<br />
**Represents thinly traded/ non traded securities and illiquid securities<br />
Total Percentage <strong>of</strong> thinly/non traded securities is 29.32 %<br />
Average Maturity:<br />
3.08 Years<br />
Corpus:<br />
Rs. 129.61 Crores<br />
Corporate Debt 1574.33 12.15<br />
Kotak Mahindra Prime Ltd. ** 980.01 7.56 LAA<br />
<strong>Sun</strong>daram Finance Ltd. ** 342.70 2.64 AA+<br />
Housing Development Finance Corp. Ltd. ** 251.62 1.94 AAA<br />
NAV Per<strong>for</strong>mance<br />
Asset Allocation<br />
14<br />
12<br />
10<br />
8<br />
6<br />
4<br />
9.34 9.58<br />
8.35<br />
7.29<br />
7.89<br />
6.67<br />
10.99<br />
12.8<br />
Government Bond<br />
Cash & Current Assets<br />
Securitised Debt<br />
Equity<br />
14.86%<br />
13.61%<br />
23.50%<br />
33.57%<br />
2<br />
0<br />
1 Year 2 Years 3 Years 5 Years Since Inception<br />
<strong>Birla</strong> <strong>Sun</strong>life MIP - Growth<br />
Crisil MIP Blended Index<br />
Corporate Debt<br />
PSU/PFI Bonds/Banks<br />
2.32%<br />
12.15%<br />
Rating Pr<strong>of</strong>ile<br />
Sovereign<br />
33.57%<br />
Cash & Current Assets<br />
23.50%<br />
26<br />
Past per<strong>for</strong>mance may or may not be sustained in future.<br />
Per<strong>for</strong>mance has been calculated on <strong>the</strong> basis <strong>of</strong> <strong>the</strong><br />
Advertisement Code as prescribe under SEBI (<strong>Mutual</strong> <strong>Fund</strong>s)<br />
Regulations 1996. Returns are in % and absolute returns <strong>for</strong> period<br />
less than 1 year & CAGR <strong>for</strong> period 1 year or more. When<br />
benchmark returns are not available, <strong>the</strong>y have not been shown.<br />
AAA<br />
Equity<br />
AA<br />
19.12%<br />
13.61%<br />
10.20%
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