September - Tata AIA Life Insurance

Future Select Equity FundInvestment Report September, 2010Investment StyleInvestment StyleValue Blend GrowthSizeLargeMidSmallFund DetailsInvestment Objective : The primary investment objective of the fund is to provideincome distribution over a period of medium to long termwhile at all times emphasizing the importance of capitalappreciation. The fund will invest significant amount inequity and equity linked instruments specifically excludingcompanies predominantly dealing in Gambling,Lotteries/Contests, Animal Produce, Liquor, Tobacco,Entertainment (Films, TV etc) Hotels, Banks and FinancialInstitutions.Fund Manager: Mr. Saravana KumarNAV as on 30 Sep, 10 : `17.85Benchmark : S & P India 500 Shariah Index - 100%Corpus as on 30 Sep, 10 : 20.73 Crs.Fund PerformanceAsset AllocationPERIOD DATE NAVS & P India 500Shariah IndexNAVChangeINDEXChangeLast 1 Month 31-Aug-10 16.7995 1287.72 6.24% 8.47%Last 3 Months 30-Jun-10 16.6894 1308.04 6.94% 6.79%Last 6 Months 31-Mar-10 15.8890 1274.90 12.33% 9.56%94.72%5.28%EquityCash, Bank & Others( Non Interest BearingSecurities)Last 1 Year 30-Sep-09 14.6950 1210.84 21.46% 15.36%Since Inception 06-Oct-08 10.0000 844.46 33.92% 28.88%Note : The investment income and prices may go down as well as up. “Since Inception” period returns are calculated as per CAGR.Sector AllocationIT - Software16.48%Pharmaceuticals12.85%Refineries7.38%Capital Goods - Electrical EquipmentFMCGCapital Goods-Non Electrical Equipment7.35%6.05%5.53%Asset MixGas DistributionAutomobileCrude Oil & Natural GasChemicalsConsumer DurablesAuto AncillariesPaints/VarnishTelecomm-Service4.95%4.07%3.86%3.25%3.11%3.11%2.90%2.65%Instrument Asset Mix as per F&U Actual Asset MixEquity Upto 100%95%Debt * Upto 100%5%Cash & Money Market ** Upto 100%5%SteelPower Generation & DistributionCement2.51%2.09%2.05%* Exposure to Debt is restricted to exposure to Cash & Money Market** Cash & Money Market includes current assetsLogistics1.25%Diversified1.16%Agro Chemicals1.08%Non Ferrous Metals1.04%Cash Bank & Others( Non Interest Bearing Securities)5.28%0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 18.00%PortfolioInstrument Industry % of NAVEquity 94.72Reliance Industries Ltd Refineries 7.38Infosys Technologies Ltd IT - Software 7.36Larsen and Toubro Ltd Capital Goods-Non Electrical Equipment 4.95Bharat Heavy Electricals Ltd Capital Goods - Electrical Equipment 3.59Oil & Natural Gas Corp Ltd Crude Oil & Natural Gas 3.05Asian Paints (India) Ltd Paints/Varnish 2.90Cadila Healthcare Ltd Pharmaceuticals 2.85Lupin Ltd Pharmaceuticals 2.81Indraprastha Gas Ltd Gas Distribution 2.65Bharti Airtel Ltd Telecomm-Service 2.65Crompton Greaves Ltd Capital Goods - Electrical Equipment 2.56Glaxosmithkline Consumer Healthcare Ltd FMCG 2.45Gail India Ltd Gas Distribution 2.30Hindustan Unilever Ltd FMCG 2.24Castrol India Ltd Chemicals 2.21Bajaj Auto Ltd - New Shs Automobile 2.13NTPC Ltd Power Generation & Distribution 2.09Ultratech Cement Ltd Cement 2.05Exide Industries Ltd Auto Ancillaries 1.97Wipro Ltd IT - Software 1.81Mphasis Ltd IT - Software 1.80Dr Reddys Laboratories Ltd Pharmaceuticals 1.74Instrument Industry % of NAVHCL Technologies Ltd IT - Software 1.62Oracle Financial Services Software Ltd IT - Software 1.62Titan Industries Ltd Consumer Durables 1.58Cipla Ltd Pharmaceuticals 1.55Steel Authority of India Ltd Steel 1.48Sun Pharmaceutical Industries Ltd Pharmaceuticals 1.46Glenmark Pharmaceuticals Ltd Pharmaceuticals 1.45Container Corp of India Ltd Logistics 1.25Siemens India Ltd Consumer Durables 1.19Alstom Projects India Ltd Capital Goods - Electrical Equipment 1.18Polaris Software Lab Ltd IT - Software 1.18Voltas Limited Diversified 1.16SKF India Ltd Auto Ancillaries 1.13Patni Computer Systems Ltd IT - Software 1.10United Phosphorus Ltd Agro Chemicals 1.08Maruti Suzuki India Ltd Automobile 1.04Hindustan Zinc Ltd Non Ferrous Metals 1.04Pidilite Industries Ltd Chemicals 1.04Jindal Steel & Power Ltd Steel 1.02Divi'S Laboratories Ltd Pharmaceuticals 1.00Other Equity(less than 1.00% of corpus) 4.00Cash Bank & Others( Non Interest Bearing Securities) 5.28Net Assets 100.009