Connect for the Month of March 2007 - Birla Sun Life Mutual Fund

M a r c h 2 0 0 7
Birla Floating Rate Fund
Interest Rate Sensitivity: Low
As on February 28, 2007
Investment Objective:
An Open-ended income scheme with
the objective to generate regular
income through investment in a
portfolio comprising substantially of
floating rate debt / money market
instruments.
Date of inception / takeover:
June 05, 2003
NAV:
Rs.
Long Term:
Dividend
10.3719
Growth
12.2310
Short Term:
Weekly Dividend 10.3848
Growth
12.2474
Daily Dividend 10.0015
Institutional Plan-
Daily Dividend 10.0086
Institutional Plan-Growth 10.8979
Institutional Plan-
Weekly Dividend
10.0177
Issuer Market Value % to Net Rating
Rs. in. Lacs Assets
Long Term Plan
Floating Rate Instruments 4600.68 75.54
Citicorp Finance India Ltd. 1000.68 16.43 AAA
GE Capital Services India Ltd. 1000.00 16.42 AAA
Industrial Development
Bank of India Ltd 1000.00 16.42 AA+
Cholamandalam DBS Finance Ltd. 800.00 13.14 MAA+
Sundaram Finance Ltd. 800.00 13.14 LAA+
Cash & Current Assets 1489.66 24.46
Total Net Asset 6090.34 100.00
Portfolio
Issuer Market Value % to Net Rating
Rs. in. Lacs Assets
Short Term Plan
Floating Rate Instruments 22119.89 34.09
LIC Housing Finance Ltd. 4494.92 6.93 AAA
Mahindra & Mahindra Financial Ser Ltd. 3500.73 5.39 AA+
Rabo India Finance Pvt. Ltd. 3000.14 4.62 AAA
Kotak Mahindra Prime Ltd. 2500.00 3.85 P1+
ICICI Bank Ltd. 2401.41 3.70 AAA
Industrial Development Bank of India Ltd 2021.85 3.12 AA+
Citicorp Finance India Ltd. 1500.00 2.31 AAA
Infrastructure Development Fin. Co. Ltd. 1000.95 1.54 AAA
UTI Bank Ltd. 999.90 1.54 LAA+
Nicholas Piramal India Ltd. 500.00 0.77 A1+
Sundaram Finance Ltd. 100.00 0.15 MAAA
United Phosphorous Ltd. 100.00 0.15 AA
Money Market Instruments 7791.91 12.01
Union Bank of India 1991.67 3.07 P1+
State Bank of Patiala 1923.62 2.96 A1+
State Bank of Saurashtra 1480.45 2.28 P1+
Karnataka Bank Ltd. 1432.70 2.21 A1+
Aditya Birla Nuvo Ltd. 963.48 1.48 A1+
Cash & Current Assets 34978.72 53.90
Load Structure:
Long Term:
Entry Load: Nil
Exit Load: 10 Lakhs: Nil
Short Term:
Entry Load: NIL
Exit Load: NIL
7
6
5
4
3
Long Term - NAV Performance
6.34 6.19
5.89
5.46 5.59 5.54
5.01
4.84
Total Net Asset 64890.52 100.00
8
7
6
5
4
3
Short Term - NAV Performance
6.85
6.19
6.17
5.46
5.74 5.57
5.01 4.84
Benchmark:
Long Term - Crisil Liquid Fund Index
Short Term - Crisil Liquid Fund Index
2
1
0
1 Year 2 Years 3 Years Since Inception
Birla Floating Rate Fund - LTP - Growth Crisil Liquid Fund Index
2
1
0
1 Year 2 Years 3 Years Since Inception
Birla Floating Rate Fund - STP - Growth
Crisil Liquid Fund Index
Average Maturity:
Long Term - 0.02 Years
Short Term - 0.12 Years
Long Term Plan - Asset Allocation
Short Term Plan - Asset Allocation
Cash & Current Assets
53.90%
Corpus:
Long Term - Rs. 60.90 Crores
Short Term - Rs. 648.90 Crores
Floating Rate Instruments
Cash & Current Assets
24.46%
75.54%
Floating Rate
Instruments
Money Market
Instruments
12.01%
34.09%
+
'mfAAA' by ICRA
Rating Profile
Rating Profile
+ 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.
AA
AAA
32.85%
42.69%
Cash & Current Assets
AAA
35.89%
53.90%
Cash & Current Assets
24.46%
AA
10.21%
34
Past performance may or may not be sustained in future. Performance has been calculated on the basis of the Advertisement Code as prescribe under SEBI (Mutual Funds)
Regulations 1996. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not
been shown.