Morgan Stanley Investment Funds - stockselection
Morgan Stanley Investment Funds - stockselection
Morgan Stanley Investment Funds - stockselection
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29 <strong>Morgan</strong> <strong>Stanley</strong> <strong>Investment</strong> <strong>Funds</strong> 30 June 2009<br />
Indian Equity Fund<br />
INVESTMENT AIMS<br />
To seek long-term capital appreciation,<br />
measured in US Dollars, by investment<br />
through <strong>Morgan</strong> <strong>Stanley</strong> (SICAV) Mauritius<br />
Limited (the “Subsidiary”), primarily in the<br />
equity securities of companies domiciled or<br />
exercising the predominant part of their<br />
economic activity in India.<br />
* Please refer to Significant Accounting Policies note 2(k).<br />
Please refer to the full prospectus for the Fund’s investment objective and policy.<br />
STATEMENT OF INVESTMENTS<br />
The investments listed are those of the Subsidiary.*<br />
Transferable securities and money market instruments admitted<br />
to official exchange listing or dealt in on another regulated<br />
market. As at 30 June 2009, expressed in US dollars.<br />
<strong>Investment</strong>s Holdings<br />
Market<br />
value<br />
% of net<br />
assets<br />
Commercial Banks<br />
HDFC Bank 152,921 4,781,864 8.81<br />
Axis Bank 142,400 2,481,935 4.58<br />
ICICI Bank 116,120 1,756,269 3.24<br />
State Bank Of India 30,199 1,103,797 2.03<br />
Union Bank Of India 142,010 720,013 1.33<br />
Total for Commercial Banks 19.99<br />
Electrical Equipment<br />
Bharat Heavy Electricals 82,913 3,827,108 7.05<br />
Jyoti Structures 344,069 981,407 1.81<br />
ABB 57,100 930,820 1.72<br />
Total for Electrical Equipment 10.58<br />
Oil, Gas & Consumable Fuels<br />
Reliance Industries 106,724 4,522,416 8.34<br />
Total for Oil, Gas & Consumable Fuels 8.34<br />
Construction & Engineering<br />
Larsen & Toubro 83,516 2,742,123 5.05<br />
Hindustan Construction 810,100 1,761,013 3.25<br />
Total for Construction & Engineering 8.30<br />
Food Products<br />
Nestle India 50,693 2,124,966 3.91<br />
McLeod Russel India 723,400 1,724,798 3.18<br />
Balrampur Chini Mills 171,500 378,198 0.70<br />
Total for Food Products 7.79<br />
Automobiles<br />
Hero Honda Motors 110,524 3,234,939 5.96<br />
Total for Automobiles 5.96<br />
Industrial Conglomerates<br />
Jaiprakash Associates 715,300 3,065,678 5.65<br />
Total for Industrial Conglomerates 5.65<br />
Real Estate Management and Development<br />
Unitech 1,508,598 2,516,436 4.64<br />
Phoenix Mills 219,720 461,297 0.85<br />
Total for Real Estate Management and Development 5.49<br />
Media<br />
Deccan Chronicle Holdings 841,600 1,310,428 2.42<br />
Sun TV Network 216,000 1,059,192 1.95<br />
Total for Media 4.37<br />
IT Services<br />
Infosys Technologies 61,405 2,284,523 4.21<br />
Total for IT Services 4.21
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