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WI SE M N EY

NATI ONAL
TEACHERS DAY
M AY 6
2 0 1 4 : I ssu e 4 2 1 , W eek : 5 t h - 8 t h M ay
A W eek l y U p d at e f r o m SM C
( Fo r p r i vat e ci r cu l at i o n o n l y)
B
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2
4
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(Saurabh Jain)
Contents
Equity 4-7
Derivatives 8-9
Commodity 10-13
Currency 14
IPO 15
Fixed Deposit 16
Mutual Fund 17-18
EDITORIAL STAFF
Editor Saurabh Jain
Executive Editor Jagannadham Thunuguntla
+Editorial Team
Dr. R.P. Singh Nitin Murarka
Vandana Bharti Sandeep Joon
Dinesh Joshi Vineet Sood
Shitij Gandhi Dhirender Singh Bisht
Subhranil Dey Parminder Chauhan
Ajay Lakra Mudit Goyal
Content Editor Kamla Devi
Graphic Designer Pramod Chhimwal
Research Executive Sonia Bamba
REGISTERED OFFICES:
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lobal stock markets during the week, largely traded in a narrow range as
investors were waiting for the outcome of U.S. Fed policy. Apprehensions
Gas regards to tension between Russia and Ukraine also contributed for the
negative sentiments in general. As expected the U.S. Federal Reserve trimmed
the monthly bond purchase by $10 billion to $45 billion a month as it sees that the
economic activity has once again gained momentum after having slowed sharply
during the winter in part because of adverse weather conditions. As regards to
interest rates, Fed stated that it will take a balanced approach consistent with its
long-run goals of maximum employment and inflation of 2 percent. As regards to
sanctions on Russia by Europe and U.S. in response to its stance against Ukraine,
Russian President Putin said that the companies working in Russia from Europe
and U.S. origin may be vulnerable too. European Central Bank President Mario
Draghi said that more quantitative easing is not in the offing in near future as he
doesn't see the threat of deflation.
Back at home, Indian markets seemed to be tired now after making new highs on
the hopes of a new government coming to power with majority helping India to
come back on the path of growth. Understandably, corrections are always
welcome in the markets after posting huge gains in no time. Another possible
reason for this correction or consolidation in the markets could be investors may
now like to see the outcome of polls and also more information on how the
monsoons are likely to pan out this season before taking fresh call on the
markets. However, one cannot deny the fact that India may see a huge amount of
foreign flows after election as a hefty money is still waiting on the sidelines
awaiting more clarity on reforms, policies etc from the newly elected
government. So far in this year, Foreign Institutional Investors (FII) have pumped
more than $5 billion or nearly Rs 30,000 crores in the Indian equity markets. Some
of the risks that have arisen for the emerging markets so far include continuation
of tightening of liquidity by U.S., more than expected slowdown in China,
Geopolitical risks on Russia-Ukraine standoff, growth getting cooled off in Japan,
etc.
On the commodities front, it was a bearish week for commodities market with
many economic releases and events especially from US. Prices have fallen
because of some offbeat data and stimulus cut announcement. However, the fall
was more in Indian market because of the appreciation in the rupee. Tapering has
driven the gold price lower for some time and it is likely to trade in the range of
27800-29000. The base metals pack may remain sideways with a negative bias on
rising greenback and slow manufacturing activity in China. The Russia/Ukraine
conflict appeared to be on the back foot at present, leaving the door opens for a
decline in the energy counter amid rise in inventories. Reserve Bank of Australia
Rate Decision, Bank of Japan April 7-8 meeting minutes, Employment Change of
Australia, Bank of England Rate Decision, ECB Rate Decision, Unemployment
Rate of Canada are few events and releases,which may give significant impact on
commodity prices.
From The Desk Of Editor
NEWS
DOMESTIC NEWS
Economy
The HSBC India manufacturing Purchasing Managers Index (PMI) for March
stands at 51.3, showed a contraction from the previous month PMI of 52.5,
signaling a weaker improvement in the business conditions of goods production
in India. The manufacturing activity across the country remained weaker as
compared to previous month.
India's Core sector growth slowed to 2.5 per cent in March from 7 percent in the
same month a year ago as output of crude oil, natural gas and fertilizer
declined. For 2013-14, core sector growth slowed to 2.6 per cent from 6.5 per
cent in 2012-13.
Metal
Jindal Steel & Power announced that Jindal Shaheed Iron & Steel, a wholly
owned subsidiary of the Company has commissioned its 2 MTPA integrated steel
plant in Sohar, Oman. The facility using state-of-art technology from Danielli
Italy, is Oman's first and largest steel melting shop and also the third largest unit
of Middle East & Gulf region.
Tata Steel has commissioned a new coke oven battery at its Jamshedpur steel
plant, making the unit self-sufficient in coke requirement and in turn
stabilizing operations there.
Telecom
Reliance Communications announced a tripartite agreement with Tata
Teleservices and Aircel to provide 3G roaming services to each others customers
using their network across the country. RCom and Aircel have permits for 3G
services in 13 out of 22 service areas while Tata Teleservices has permit in 9 circles.
Realty/ Construction
IRB Infrastructure Developers has emerged as a preferred bidder and received
Letter of Award from NHAI for the project of Four Laning of Yedeshi -
Aurangabad section of NH-211 from km 100.000 to km 290.200 (Design Length
190 km) in the State of Maharashtra to be executed as BOT (Toll) on DBFOT
Pattern under NHDP Phase - IV (the "Project").
Sunteck Realty announced that the Company through its overseas subsidiary (WOS)
has entered into a Joint Venture Agreement for development of land in the UAE.
Ahluwalia Contracts (India) has secured news orders worth `628 crore for
construction of institutional, residential, hospital including electric plumbing
and firefighthing services.
Information Technology
Mastek announced that its US based subsidiary, MajescoMastek, has won two
key orders in North America. The Company's STG suite was selected by Heritage
Property & Casualty Insurance Company while STG Billing was selected by
Selective Insurance.
Pharmaceutical
Natco Pharma announced that its marketing partner in the USA, Breckenridge
Pharmaceutical, Inc., has filed an Abbreviated New Drug Application (ANDA) for
Bendamustine Hydrochloride powder; IV infusion (25mg/vial and 100mg/vial).
Power
SJVNL has signed a preliminary agreement with Druk Green Power Corporation
of Bhutan for setting up a 600 MW hydro electric power plant in the
neighbouring nation.
JSW Energy is looking to better its performance by increasing the number of
long term power purchase contracts and increasing operational efficiency of its
plants. The company is looking at the non organic route for growth, but has put
on hold its own planned power projects of 7,000 MW capacity in West Bengal,
Chhatisgarh, Rajasthan and expansion of its Ratnagiri plant in Maharashtra.
Automobile
Force Motors to invest around `100 crore to set up an engine manufacturing and
testing facility in Tamil Nadu. The new facility will be for a global passenger car
manufacturer, with whom the company signed an agreement recently to supply
engines.
INTERNATIONAL NEWS
US consumer confidence index dipped to 82.3 in April from an upwardly revised
83.9 in March. Economists had expected the index to climb to 83.0 from the
82.3 originally reported for the previous month.
US pending home sales index surged up by 3.4 percent to 97.4 in March after
edging down by 0.5 percent to a revised 94.2 in February. Economists had been
expecting a much more modest increase of about 0.6 percent.
US Purchasing Managers Index (PMI) climbed to 54.9 in April from 53.7 in March,
with a reading above 50 indicating growth in the manufacturing sector.
Economists had expected the index to edge up to a reading of 54.3.
US construction spending rose by 0.2 percent to an annual rate of $942.5 billion
in March after falling by 0.2 percent to a revised $940.8 billion in February.
Economists had expected spending to increase by about 0.6 percent compared
to the 0.1 percent uptick originally reported for the previous month.
Japan's housing starts declined more than estimated in March. Housing starts
fell 2.9 percent year-on-year in March, reversing a 1 percent rise in February.
Economists had forecast a 2.7 percent drop for March.
Industrial production in Japan was up a seasonally adjusted 0.3 percent on
month in March. That was shy of forecasts for 0.5 percent following the 2.3
percent contraction in February.
The Bank of Japan left its monetary policy unchanged as widely expected by
economists. At the Policy Board meeting, members voted unanimously to continue
to increase the monetary base at an annual pace of about JPY 60-JPY 70 trillion.
EX-DATE SYMBOL PURPOSE
5-MAY-14 BATAINDIA DIVIDEND - RS 6.50/- PER SHARE
6-MAY-14 IBULHSGFIN FOURTH INTERIM DIVIDEND - RS 9/- PER SHARE
6-MAY-14 GDL SECOND INTERIM DIVIDEND
6-MAY-14 GODREJCP FOURTH INTERIM DIVIDEND
MEETING DATE SYMBOL PURPOSE
5-MAY-14 UNITEDBNK RESULTS
5-MAY-14 CENTURYTEX RESULTS/DIVIDEND
5-MAY-14 CANBK RESULTS/DIVIDEND
6-MAY-14 VIJAYABANK RESULTS/DIVIDEND
6-MAY-14 TITAN RESULTS/DIVIDEND
6-MAY-14 HDFC RESULTS/DIVIDEND
7-MAY-14 SYNDIBANK RESULTS/DIVIDEND
7-MAY-14 LUPIN RESULTS/DIVIDEND
7-MAY-14 GESHIP RESULTS/DIVIDEND
7-MAY-14 ALBK RESULTS/DIVIDEND
8-MAY-14 UNIONBANK RESULTS/DIVIDEND
8-MAY-14 GLENMARK RESULTS/DIVIDEND
8-MAY-14 AMTEKINDIA RESULTS/OTHERS
8-MAY-14 AMTEKAUTO RESULTS
9-MAY-14 ANDHRABANK RESULTS/DIVIDEND
9-MAY-14 SRF RESULTS/DIVIDEND
9-MAY-14 TORNTPHARM RESULTS/DIVIDEND
9-MAY-14 RANBAXY RESULTS
9-MAY-14 CORPBANK RESULTS/DIVIDEND
9-MAY-14 CHAMBLFERT RESULTS/DIVIDEND
10-MAY-14 CENTRALBK RESULTS/DIVIDEND
12-MAY-14 JUSTDIAL RESULTS/DIVIDEND
13-MAY-14 DRREDDY RESULTS
13-MAY-14 MRPL RESULTS/DIVIDEND
14-MAY-14 ASIANPAINT RESULTS/DIVIDEND
14-MAY-14 TECHM RESULTS/DIVIDEND
14-MAY-14 TATASTEEL RESULTS/DIVIDEND
14-MAY-14 MPHASIS RESULTS/DIVIDEND
FORTHCOMING EVENTS
NOTES:
1) These levels should not be confused with the daily trend sheet, which is sent every morning by e-mail in the name
of "Morning Mantra ".
2) Sometimes you will find the stop loss to be too far but if we change the stop loss once, we will find more strength
coming into the stock. At the moment, the stop loss will be far as we are seeing the graphs on weekly basis and
taking a long-term view and not a short-term view.
TREND SHEET
Stocks Closing Trend Date Rate SUPPORT RESISTANCE Closing
Price Trend Trend
Changed Changed
SENSEX 22418 UP 12.09.13 19317 21600 21400
S&P NIFTY 6696 UP 12.09.13 5728 6500 6400
CNX IT 9228 DOWN 20.03.14 9317 9600 9800
CNX BANK 12856 UP 08.03.14 11278 12300 12000
ACC 1293 UP 08.03.14 1212 - 1280
BHARTIAIRTEL 328 UP 03.04.14 321 315 310
BHEL 180 UP 05.09.13 138 175 170
CIPLA 397 DOWN 13.02.14 380 - 400
DLF 140 DOWN 23.04.14 152 155 160
HINDALCO 134 UP 08.03.14 121 130 125
ICICI BANK 1243 UP 08.03.14 1134 1200 1180
INFOSYS 3181 DOWN 13.03.14 3358 3400 3500
ITC 341 UP 13.03.14 343 340 330
L&T 1294 UP 19.09.13 888 1250 1220
MARUTI 1923 UP 19.09.13 1480 1830 1780
NTPC 116 DOWN 02.01.14 135 125 130
ONGC 325 UP 31.10.13 294 308 302
RELIANCE 936 UP 13.03.14 880 920 900
TATASTEEL 401 UP 27.03.14 376 390 370
S/l
4

Acc has breached the support of 1300


BSE SENSEX GAINERS & LOSERS TOP (% Change) NSE NIFTY GAINERS TOP & LOSERS (% Change)
SECTORAL INDICES (% Change)
SMC Trend
SMC Trend
FMCG
Healthcare
FTSE 100
CAC 40
Auto
Bank
Realty
Cap Goods
Cons Durable
Oil & Gas
Power
Nasdaq
Dow jones
S&P 500
Nikkei
Strait times
Hang Seng
Shanghai
INSTITUTIONAL ACTIVITY (Equity) (` Crore)
IT
Metal
Down Sideways Up
SMC Trend
Nifty BSE Midcap S&P CNX 500
GLOBAL INDICES (% Change)
INDIAN INDICES (% Change)
BSE Smallcap Sensex Nifty Junior
5

-1.27
-1.19
-0.68
-1.41
-2.10
-1.37
-2.50
-2.00
-1.50
-1.00
-0.50
0.00
Nifty Sensex BSE Midcap BSE
Smallcap
Nifty Junior S&P CNX
500
-1.79
-1.37
-3.74
-1.75
-1.08
1.30
-0.40
-4.33
-0.60
-3.14
-5.12
-6.00
-5.00
-4.00
-3.00
-2.00
-1.00
0.00
1.00
2.00
AutoIndex Bankex CapGoods
Index
ConsDurable
Index
FMCGIndex Healthcare
Index
ITIndex Metal Index Oil &Gas
Index
Power Index RealtyIndex
1.27
1.21
1.09
0.39
-0.91
-0.40
-0.50
1.84
0.98
-1.50
-1.00
-0.50
0.00
0.50
1.00
1.50
2.00
NasdaqComp. DowJones S&P500 Nikkei Strait Times HangSeng Shanghai
Comp.
FTSE100 CAC40
3.02
1.40 1.38
0.95
0.58
-6.10
-6.02
-5.85
-5.24
-4.19
-8.00
-6.00
-4.00
-2.00
0.00
2.00
4.00
Dr Reddy's
Labs
Sun
Pharma.Inds.
ONGC Cipla HDFC Hindalco
Inds.
TataSteel TataPower
Co.
BHEL SesaSterlite
2.92
1.74
1.52
1.29
0.95
-8.76
-7.20
-6.57
-6.15
-5.96
-10.00
-8.00
-6.00
-4.00
-2.00
0.00
2.00
4.00
Dr Reddy's
Labs
Sun
Pharma.Inds.
Tech
Mahindra
ONGC Bankof
Baroda
DLF Jindal Steel Hindalco
Inds.
TataSteel TataPower
Co.
257.10
148.00
754.90
-392.70
-127.50
-600.00
-400.00
-200.00
0.00
200.00
400.00
600.00
800.00
1000.00
Friday Monday Tuesday Wednesday Thursday
FII Activity MF Activity
Beat the street - Fundamental Analysis
Above calls are recommended with a time horizon of 1 year.
Source: Company Website Reuters Capitaline
VALUE PARAMETERS
% OF SHARE HOLDING
Investment Rationale continued to witness healthy growth in
advertisement spends. Zee Entertainment Enterprises is one of India's
leading television, media and entertainment The launch of new shows across network channels
companies. It is amongst the largest producers and along with the tie up of cricket rights and current
aggregators of Hindi programming in the world, series rights of programs has helped ensure that in
with an extensive library housing over 1,00,000 + a highly fragmented environment, the network
hours of television content. maintained and grew its dominance.
According to the company management, FY15 will Company's investments in the sports business
see the incremental cost going up for niche continued during the quarter ended December
channels and sport business. The blended OPM 2013. It also looks to expand its portfolio to take
(Operating Profit Margin) is expected to be around advantage of the growth opportunities ahead.
22% to 25%. As the company has implemented 12 These investments are in line with its philosophy of
minute ad cap, the company has taken part price enhancing long term shareholder value.
hike across the board. Looking at the advertisement Valuation
growth from blockbuster movies, the management
The company continues to grow its business at a
said that it will invest more on movies.
healthy pace. The network shares are on an uptrend,
During the quarter ended December 2013, Zee TV buoyed with the addition of new channels in the
averaged 437 (Television Viewership in Millions) TVMs network. We expect the stock to see a price target of
recording a relative share of 18.5% among the top 6 `327 in one year time frame on one year average P/E
Hindi GECs. The market share was even better in the of 30.83x and FY15 (E) earnings of `10.60.
Prime Time band, where Zee TV averaged 277 TVMs
recording a relative share of 21%.
The two new channels namely &Pictures & Zee
Anmol launched during the past quarter have made
handsome gains & strengthened the channel
portfolio. These two channels are low cost channels
and both are generating revenues without adding
additional cost.
For the nine months ended December 2013, the
consolidated operating revenues up by 19% to
`3262.89 crore and the net profit has inclined by
25% to `674.5 crore. Zee Tamil, 2 new channels,
sport channels and blockbuster movie like Chennai
Express helped in advertisement revenue growth.
Sectors such as FMCG and telecom & services
` in cr
Actual Estimate
FY Mar-13 FY Mar-14 FY Mar-15
Revenue 3699.60 4349.40 4949.70
EBITDA 954.30 1184.70 1389.10
EBIT 914.40 1190.20 1360.30
Pre-tax Profit 1051.90 1326.80 1528.20
Net Profit 719.60 883.70 1016.00
EPS 7.51 9.24 10.60
BVPS 41.00 47.23 54.78
ROE 19.60 21.10 21.70
Face Value (`) 1.00
52 Week High/Low 300.55/208.10
M.Cap (`Cr.) 25148.07
EPS (`) 8.89
P/E Ratio (times) 29.44
P/B Ratio (times) 6.43
Dividend Yield (%) 0.76
Stock Exchange BSE
ZEE ENTERTAINMENT ENTERPRISES LIMITED CMP: 261.85 Upside: 25% Target Price: 327
Face Value (`) 2.00
52 Week High/Low 123.70/69.50
M.Cap (`Cr.) 2129.26
EPS (`) 9.07
P/E Ratio (times) 10.01
P/B Ratio (times) 1.33
Dividend Yield (%) 0.44
Stock Exchange BSE
` in cr
Actual Estimate
FY Mar-13 FY Mar-14 FY Mar-15
Revenue 2016.00 2206.90 2384.80
EBITDA 282.60 311.90 354.90
EBIT 191.10 256.70 294.40
Pre-tax Profit 240.40 284.90 333.50
Net Profit 167.60 189.80 218.70
EPS 7.13 8.05 9.27
BVPS 67.91 76.33 84.36
ROE 11.00 11.20 11.00
% OF SHARE HOLDING
Investment Rationale The company shall continue to drive circulation
and readership numbers, going forward. HT Media is one of India's foremost media
Innovative concepts, like the newly launched HT companies, and home to three leading
Mini, are expected to leverage the potential of newspapers in the country in the English, Hindi
new opportunities, such as the Metro train, to and Business news segments 'Hindustan Times'
boost readership. (English daily), 'Hindustan' (Hindi daily, through a
subsidiary) and 'Mint' (business paper). The For the quarter ended December 2013, it
company also has four FM radio stations - 'Fever registered a 6% rise in its consolidated sales to Rs
104 FM' in Delhi, Mumbai, Bengaluru and Kolkata. 581.28 crore and net profit grew 25% to `67.02
The Company also operates a job portal in the crore. Going forward, it is believed that the yield
internet space, called www.Shine.com. driven advertising growth and ongoing elections
will aid the company to improve advertising Capex would be about `70-80 crore in FY 2015
revenue growth and profitability. largely on modernization and in Hindi space and IT.
Valuation The digital and radio segment of the compay
continues to gain traction, and it has recently The company has strong balance sheet capable of
launched the first two centers of higher education supporting investments in growing businesses as well
venture, the Bridge School of Management. The as exploring new opportunities. We expect the stock
management is confident that its diversified to see a price target of `123 in one year time frame on
business model, established brands and sustained two year average P/E of 13.32x and FY15 (E) earnings
focus on cost reduction will continue to create of `9.27.
value for all stakeholders as the macroeconomic
environment improves.
As per the recent Indian Readership Survey (IRS),
the company has retained its leadership positions
in Delhi, Bihar and Jharkhand. It is also now a
clear No.2 in the markets of Mumbai and UP and
No.1 in Uttarakhand.
The average realization per copy to improve going
forward. The entire effect of increase in
subscription packages in Mumbai is still coming
through and this will be reflected in its revenues
over the next 3-4 months. The Company will
continue to pursue an aggressive growth strategy,
both organically and through partnerships and
acquisitions.
P/E Chart
HT MEDIA LIMITED CMP: 90.80 Upside: 36% Target Price: 123
VALUE PARAMETERS
P/E Chart
48.24
3.42 3.02
43.07
2.25 Foreign
Institutions
Non Promoter Corporate
Holding
Promoters
Public& Others
9.8
7.47
7.86
69.51
5.37
Foreign
Institutions
NonPromoter Corporate
Holding
Promoters
Public& Others
6

Charts by Spider Software India Ltd


7
The stock closed at `54.50 on 02nd May 2014. It made a 52-week low at `43.25 on
04th March 2014 and a 52-week high at `76.40 on 10th May 2013. The 200 days
Exponential Moving Average (EMA) of the stock on the weekly chart is currently
at `78.00.
It has formed inverted head and shoulder at lower levels, but did not give closing
above the trend line. However, we cannot ignore the sharp momentum with rise
in volumes last week due to which it rose around 7 percent and this indicates that
lower level buying is going on. So, one can buy in the range of 52-53 levels for the
upside target of 59-60 levels with closing below SL of 49.70.
EQUITY
Above calls are recommended with a time horizon of 1-2 months
The stock closed at `412.20 on 02nd May 2014. It made a 52-week low at `347.35
on 27th June 2013 and a 52-week high at `514.05 on 30thMay 2013. The 200 days
Exponential Moving Average (EMA) of the stock on the weekly chart is currently
at `408.05.
Looking at this scrip, we can analyze that right now it in consolidation period
and anytime a sharp spurt is anticipated which would help it to reach our desired
targets. So, one can buy in the range of 409-412 levels for the upside target of
430-435 levels with closing below SL of 396.
The stock closed at 329.00 on 02nd May 2014. It made a 52-week low at 234.20
on 28th August 2013 and a 52-week high of `353.05 on 28th June 2013. The 200
days Exponential Moving Average (EMA) of the stock on the weekly chart is
currently at `284.18.
On the charts, it is clearly visible that after a strong consolidation at lower levels
there was sharp rise in price with volumes and last week also it managed to give
a positive closing despite of profit booking in other counters. Moreover, it is near
to its 52 week high. So, there may be chances this time that it will cross those
levels and reach our desired targets. One can buy in the range of 323-325 levels
for the upside target of 345-350 levels with closing below SL of 310.
` `
CENTRAL BANK OF INDIA
OIL & NATURAL GAS CORPORATION LIMITED
MPHASIS LIMITED

DERIVATIVES
BASIS GAP IN NIFTY
Markets remained choppy and volatile, developing intraday swings throughout the week. Hereafter, the range of 6650-6850 will remain crucial in the near term,
and the move is expected to remain volatile. Nifty has strong support in the range of 6620 to 6650 levels. We are also seeing open interest is building up in 6800
call options. Looking at election results on 16 May, 6800 call option can be bought. Friday data indicates that short positions were getting covered. Hence there
are fair chances of market going up towards 7000 levels. If Nifty slips below the 6600 mark, it could slide to 6500 levels due to increased selling pressure. On the
other hand, the index may face stiff resistance at 6850-6900 levels. The put-call ratio of open interest closed at 1.05 levels. The options open interest
concentration continued to be at the 7000-strike call with the highest open interest of above 40 lakh shares. Among put options, the 6400-strike taking the total
open interest to 40 lakh shares, with the highest open interest among put options. The Implied Volatility (IV) of call options closed at 30.34% on Friday, while the
average IV of put options inched higher to close at 30.21%. The Nifty is expected to remain in a broad range of 6650-6900 levels, with an intermediary support at
around 6670 levels. The move may remain mixed amid increased volatility, with resistance near 6900 levels.
WEEKLY VIEW OF THE MARKET
NIFTY TOTAL OPEN INTEREST (in share)

FIIs ACTIVITY IN F&O IN LAST TEN SESSIONS


(Derivative segment) `(Cr)
HCLTECH (MAY FUTURE)
Buy: Above `1449
Target: `1488
Stop loss: `1434
PNB
Buy MAY 740. PUT 30.45
Sell MAY 720. PUT 24.45
Lot size: 500
BEP: 734.00
Max. Profit: 7000.00 (14.00*500)
Max. Loss: 3000.00 (6.00*500)
OPTION
STRATEGY
FUTURE
STRATEGY
HDFC
Buy MAY 920. CALL 33.00
Sell MAY 940. CALL 26.50
Lot size: 250
BEP: 926.50
Max. Profit: 3375.00 (13.50*250)
Max. Loss: 1650.00 ( 6.50*250)
ONGC
Buy MAY 340. CALL 9.90
Sell MAY 350. CALL 6.80
Lot size: 1000
BEP: 343.10
Max. Profit: 6900.00 (6.90*1000)
Max. Loss: 3100.00 ( 3.10 *1000)
BULLISH STRATEGY
DERIVATIVE STRATEGIES
IOC (MAY FUTURE)
Buy: `274
Target: `285
Stop loss: `270
Above
MARUTI (MAY FUTURE)
Sell: `1884
Target: `1829
Stop loss: `1912
Below
BEARISH STRATEGY
FIIs ACTIVITY IN INDEX FUTURE (F&O) IN LAST WEEK
(Derivative segment) `(Cr)
-931.95
-237.94
-427.56
-267.08
-1000.00
-900.00
-800.00
-700.00
-600.00
-500.00
-400.00
-300.00
-200.00
-100.00
0.00
25-Apr 28-Apr 29-Apr 30-Apr
-10.80
-1218.01
888.17
390.68
1027.45
2145.09
216.54
271.27
-1552.10
-330.80
-2000.00
-1500.00
-1000.00
-500.00
0.00
500.00
1000.00
1500.00
2000.00
2500.00
15-Apr 16-Apr 17-Apr 21-Apr 22-Apr 23-Apr 25-Apr 28-Apr 29-Apr 30-Apr
0.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
11-Apr 15-Apr 16-Apr 17-Apr 21-Apr 22-Apr 23-Apr 25-Apr 28-Apr 29-Apr 30-Apr
547250
216500
387250
508900
1167550
565350
951150
2988850
2420050
3819800
1980700
2698350
2155550
2177400
2527000
3708800
2042450
1606650
2894750
979600
767150
543150
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
4000000
4500000
6000 6200 6300 6400 6500 6600 6700 6800 6900 7000 7500
Call Put
8
9
BHARTIARTL 10131000 11023000 8.80 0.39 0.52 0.14 35.73 31.09 -4.64
DLF 43622000 44126000 1.16 0.50 0.45 -0.05 59.21 62.12 2.91
HINDALCO 21404000 22346000 4.40 0.59 0.53 -0.06 48.29 47.87 -0.42
HINDUNILVR 5433000 5770000 6.20 0.71 0.44 -0.27 26.10 25.13 -0.97
ICICIBANK 7118250 6801750 -4.45 0.42 0.38 -0.04 44.80 45.85 1.05
IDEA 12652000 14362000 13.52 0.54 0.47 -0.08 44.27 53.51 9.24
INFY 3258625 3222625 -1.10 0.68 0.54 -0.13 22.86 22.12 -0.74
ITC 21274000 21385000 0.52 0.44 0.38 -0.06 27.26 25.67 -1.59
JPASSOCIAT 67472000 59216000 -12.24 0.35 0.32 -0.03 60.00 69.51 9.51
NTPC 29124000 31030000 6.54 0.39 0.32 -0.07 27.61 27.39 -0.22
ONGC 8193000 7981000 -2.59 0.90 0.85 -0.05 35.56 32.87 -2.69
RANBAXY 7392000 7292000 -1.35 0.75 0.89 0.14 30.02 34.27 4.25
RCOM 33012000 33124000 0.34 0.54 0.51 -0.03 48.92 51.18 2.26
RELIANCE 11642000 12354750 6.12 0.34 0.33 -0.01 33.95 34.74 0.79
NIFTY 13409300 12960700 -3.35 1.04 1.05 0.02 29.55 30.34 0.79
SAIL 28112000 23800000 -15.34 0.71 0.44 -0.26 51.98 70.99 19.01
SBIN 3975000 4260000 7.17 0.79 0.70 -0.09 51.84 53.45 1.61
TATASTEEL 10828000 12315000 13.73 0.49 0.63 0.14 42.49 44.97 2.48
UNITECH 142392000 155100000 8.92 0.23 0.23 0.00 77.89 86.46 8.57
IMPORTANT INDICATORS OF NIFTY AND OTHER ACTIVE FUTURE CONTRACTS
OPEN INTEREST PCR RATIO IMPLIED VOLATILITY
SCRIPTS PREV. CURRENT % PREV. CURRENT PREV. CURRENT
WEEK WEEK CHANGE WEEK WEEK CHANGE WEEK WEEK CHANGE
DERIVATIVES
Put Call Ratio Analysis : The Put-Call open interest ratio of Nifty has increased to
1.05 from 1.04. At the end of the week, the maximum stocks had a negative of
change in put call open interest ratio.
Implied Volatility Analysis : The Implied Volatility (IV) for Nifty futures this week
has increased to 30.34% from 29.55%. The IV of the stock futures has changed this
week ranging from -4.64% to 19.01%.
Open Interest Analysis : The open interest for the index at the end of this week
has decreased by 3.35% as compared to the previous week. All future stocks saw
changes in their open interest ranging from -15.34% to 13.73%. TATASTEEL has the
maximum increase in open interest as compared to other stocks.
Statistical Analysis
Open 6900.00 High 6902.00
Low 6692.00 Close 6726.45
NIFTY & IV CHART NIFTY ANALYSIS

25
26
27
28
29
30
31
32
6600
6700
6800
6900
25-Apr 28-Apr 29-Apr 30-Apr
Nifty Close IV
Turmeric futures (May) is expected to remain below 7100 levels, owing to
profit booking from higher levels. However, the downside may remain
capped near 6500 levels, supported by rising spot prices in spot markets.
The demand from north Indian stockist have started coming in & there are
expectations for the demand to rise in the days to come. The upcountry
buyers are interested in quality turmeric and are procuring all the bags of
hybrid turmeric. Jeera futures (May) is likely to remain stable taking
support above 10200 levels. The upside momentum may regain strength
towards 10950 levels, surpassing 10800 levels on the back of rising demand
in the spot market. The market participants are hoping that exports would
possibly rise in the coming months amidst reports of lower production in
Turkey and Syria. The multi-week rise in cardamom futures (June) is likely
to witness some pause & consolidate in the range of 950-1020 levels. The
fundamentals depict that exporters have slowed down their buying as no
fresh orders were received following an upsurge in prices. Moreover,
Guatemala continued to offer to the main market for the commodity in
West Asia at competitive rates. On the contrary, there is news that the
growers are expecting a late crop this year because of continuous dry spell
in the cardamom growing tracts. During the current season ending July,
arrivals are 18,744 tonnes, while sales are 18,223 tonnes. Coriander futures
(May) is expected to show some upside momentum taking support above
9200 levels. It is reported that the masala millers are buying at lower levels
& taking advantage of the recent fall in prices in the past weeks.
SPICES
Bullion counter may remain in the red zone as a drop in SPDR holdings and
Fed tapering is keeping the prices on the weak side. Meanwhile, rising
greenback and recovery in the US economy can keep the prices downbeat.
But any increase in geopolitical tensions in Ukraine may cap the downside as
it increases safe haven demand for yellow metal. On the domestic bourses,
strength in local currency may cap the upside as it can move in the range of
59.40-61.20 levels. Gold may move in the range of 27000-29000 in MCX.
White metal silver can hover in the range of 39000-43000. Recently the U.S.
central bank reduced monthly asset buying to $45 billion on April 30 with the
fourth straight $10 billion cut, and policy makers said further reductions in
measured steps are likely. A gauge of U.S. manufacturing rose in April while
household purchases, which account for about 70 percent of the larger
economy, have added the most since August 2009. The gold/silver ratio,
which measures the number of silver ounces needed to buy an ounce of gold,
hit its highest since August 2010 last week near 68, putting silver at its
cheapest versus gold in more than 3-1/2 years. U.S. physical demand,
however, showed signs of improving. American Eagle gold bullion coin sales
in April recovered from a seven-month low in March as retail buying picked
up. Last week, Fed stated that the economy "will expand at a moderate pace
and labor market conditions will continue to improve gradually .
BULLIONS
10

The base metals pack may remain sideways with a negative bias on rising
greenback and slow manufacturing activity in China. China's official
purchasing managers' index registered 50.4 in April as compared to 50.5
estimated. A similar Chinese manufacturing measure from HSBC Holdings
PLC and Markit Economics Ltd. released last week rose to 48.3 from 48,
indicating the nation's economy continued to stall in April. Recently there
was marked contractions in imports of raw materials from Indonesia,
reflecting the impact of an export ban on metal ores. Nickel ore imports
from Indonesia fell 59% y/y, whilst bauxite imports from the same
destination fell 60% y/y. Nickel prices can move in the range of 1080-1140 in
MCX in the near term. Red metal, copper can trade in the range of 396-415.
Freeport's Indonesian subsidiary produced 140 million pounds of copper,
down from 219 million pounds a year earlier. It milled ore at about half its
normal rate in the first quarter, roughly 118,000 tonnes of ore per day. A
weak copper price and tighter financing are forcing mining companies to
cut or stall spending on exploring to their lowest levels in four years as they
focus instead on axing costs and reducing debt. Aluminum can move in the
range of 104-108. Battery metal lead can move in the range of 122-128 in
MCX while Zinc can hover in the range of 119-127. The U.S. auto industry in
April rebounded sharply from a bitter and extended winter, with car sales
rising 8 percent from the previous year.
BASE METALS
Crude oil prices are expected to remain on weaker path due to increase in
stockpiles coupled with a rise in the greenback. The U.S. economy
expanded at an annual rate of just 0.1% in the first quarter, well below
forecasts for an expansion of 1.2%. Despite the sharp slowdown in growth
the Federal Reserve stated last week that it would reduce its monthly bond
purchases to $45 billion from $55 billion. Gasoline supplies increased by
1.56 million barrels to 211.6 million, while stockpiles of distillate fuel, a
category that includes heating oil and diesel, expanded by 1.94 million to
114.4 million, according to the EIA. Both fuels have posted the biggest
inventory gains since January. Refineries operated at 91 percent of capacity
in the seven days ended April 25, unchanged from the prior week when
operating rates climbed to the highest level this year. Tensions between US
and Russia over Ukraine have supported the crude oil prices recently.
Russian President Vladimir Putin has warned further penalties may trigger a
response against foreign companies in Russia's energy and other industries.
Crude oil prices may trade in the range of 5900-6200 in MCX and $97-104 on
NYMEX. Natural gas prices may witness sideways movement in the range of
273-294 in MCX. According to EIA U.S. marketed gas production may climb 3
percent this year to an all-time high of 72.29 billion cubic feet a day, a
fourth consecutive record. The number of rigs drilling for gas in the U.S.
rose by seven last week to 323, rebounding from a 21-year low.
ENERGY COMPLEX
Soybean futures (June) is expected to trade in the range of 4560-4820
levels. Statistics show that the domestic crushing has sunk to 4-year low.
Since the start of this year, soybean prices on the spot markets have gone up
nearly 24% to `4,814 a quintal, but refined oil prices have risen merely 5.92
% to `738 per 10 kg due to cheaper imports. It is reported that India's
crushing capacity is 22.5 million tonnes, however, only 10% of the units are
in operation and using 25% to 30% of their capacities. On the Chicago Board
of Trade, U.S soybean futures will possibly witness an extended bearish fall
on talks that planting in the U.S. will accelerate as the weather turns
warmer and drier. In the days to come, investors will eye the World
Agricultural Supply and Demand Estimates Report (WASDE) to be released
by U.S Department of Agriculture on May 9th. Mustard futures (June) is
likely to trade sideways, with any short covering facing resistance near 3630
levels due to lesser off takes. The plant deliveries for Jaipur line traded at
`3, 490-95 a quintal. Crude palm oil futures (May) is likely to extend its
downfall towards 540 levels on account of bearish global cues. Moreover,
the stockist at the spot markets are keeping away from bulk buying amid
lack of any fresh cues of demand. The market participants on the
international platform would keep a focus on the release of Malaysian palm
oil export data for the period of May 1-10 by the cargo surveyors & Malaysia's
end-April palm oil stocks, exports and production on May 12 by the
Malaysian Palm Oil Board.
OIL AND OILSEEDS
OTHER COMMODITIES
The upside price movement in Wheat futures (June) is likely to remain
capped, facing resistance near 1595 levels. India's current wheat crop,
sown in October and November, is now being harvested, and indications are
that it will hit a record high of close to 96 million metric tonnes, topping the
previous record of just less than 95 million tonnes for the crop year that
ended in June 2012. The government stated that its wheat procurement for
the 2014-15 marketing year (ending March 2015) is likely to be below the
last year's level of 25 million tonnes (Mt) due to poor quality of the crop.
The pace of wheat procurement in Punjab is very slow due to delayed
harvest in the state, following recent unseasonable rains. Maize futures
(June) is expected to consolidate in the range of 1150-1185 levels & trade
with a downside bias. The spot market is witnessing selling pressure on the
heels of fresh supplies in Bihar Mandi coupled with mute export demand. It
is reported that about 10-20 thousand bags of new arrivals have been
reported in the state of Bihar & the arrivals are likely to gain momentum in
the coming days. On CBOT, corn prices have slid to their lowest in more than
a week due to forecast of improved weather in the U.S. Midwest.
Meteorologists have forecast warmer and drier weather in the central and
southern portions of the Midwest that are expected to provide farmers an
opportunity to catch up on behind-schedule plantings. Sugar futures (June)
would possibly fall towards 3120 levels. The Vashi market carries over 115
truckloads of stocks hence stockists are shying away from bulk buying.
11
TECHNICAL RECOMMENDATIONS
COMMODITY
CRUDE OIL MCX (MAY) contract closed at `5999.00 on 1st May '14. The contract made its high of
`6322.00 on 21st April '14 and a low of `5928.00 on 2nd Apr '14. The 18-day Exponential Moving Average
of the commodity is currently at `6128.

On the daily chart, the commodity has Relative Strength Index (14-day) value of 38.22. One can buy in
the range 6000-5980 with the stop loss of `5950 for a target of `6150.
NATURAL GAS MCX (MAY) contract closed at 286.00 on 1st May '14. The contract made its high of
`294.70 on 23rd April '14 and a low of `271.00 on 7th April '14.The 18-day Exponential Moving Average of
the Commodity is currently at `284.
On the daily chart, the commodity has Relative Strength Index (14-day) value of 53.One can buy in the
range 283-280 with the stop loss of `275 for target of `295.
`
SILVER MCX (JULY) contract closed at 41534.00 on 1st May '14. The contract made its high of 44581.00
on 10th April '14 and a low of `41200.00 on 1st May '14.The 18-day Exponential Moving Average of the
Commodity is currently at `43034.
On the daily chart, the commodity has Relative Strength Index (14-day) value of 28.48. One can buy in
the range 41200-41000 with the stop loss of `40700 for a target of `43200.
` `

CRUDE OIL MCX (MAY)


NATURAL GAS MCX (MAY)
SILVER MCX (JULY)
NOTES : 1) These levels should not be confused with the daily trend sheet, which is sent every morning by e-mail in the name of Daily report- commodities (Morning Mantra).
2) Sometimes you will find the stop loss to be too far but if we change the stop loss once, we will find more strength coming into the commodity. At the moment, the stop loss will be far as we
are seeing the graphs on weekly basis and taking a long-term view and not a short-term view.
EXCHANGE COMMODITY CONTRACT CLOSING DATE TREND TREND RATE TREND SUPPORT RESISTANCE CLOSING
PRICE CHANGED CHANGED STOP/LOSS
NCDEX** SOYABEAN MAY 4777.50 10.10.13 UP 3786.00 4500.00 - 4400.00
NCDEX** JEERA MAY 10490.00 03.10.13 DOWN 12747.50 - 10600.00 10800.00
NCDEX** CHANA MAY 3072.00 10.04.14 SIDEWAYS
NCDEX** RM SEEDS MAY 3537.00 06.03.14 UP 3564.00 3320.00 - 3220.00
MCX** MENTHA OIL MAY 825.80 13.11.13 SIDEWAYS
MCX** CARDAMOM MAY 963.20 21.03.14 UP 843.80 920.00 - 900.00
MCX* SILVER JULY 41534.00 26.09.13 DOWN 48639.00 - 43500.00 44000.00
MCX* GOLD JUNE 28580.00 27.03.14 SIDEWAYS
MCX* COPPER JUNE 406.95 13.03.14 DOWN 399.60 - 412.00 417.00
MCX* LEAD MAY 125.70 23.04.14 UP 132.05 125.00 - 122.00
MCX* ZINC MAY 122.25 23.04.14 UP 126.45 121.00 - 118.00
MCX* NICKEL MAY 1108.10 16.01.14 UP 903.90 1090.00 - 1060.00
MCX* ALUMINUM MAY 106.35 01.05.14 DOWN 106.35 - 111.00 114.00
MCX* CRUDE OIL MAY 5999.00 01.05.14 SIDEWAYS
MCX* NATURAL GAS MAY 286.00 23.04.14 UP 293.80 280.00 - 270.00
TREND SHEET
*Closing as on 01 May 2014 **Closing as on 30 April 2014
COMMODITY
NEWS DIGEST
It was a bearish week for the commodities market with many economic releases and events in US.
Prices have fallen because of some offbeat data and stimulus cut announcement. Fall was more in
Indian markets because of appreciation in rupee after a multi week fall. Bullion counter was in
grip of bears, whereas silver witnessed a sharper fall. Gold headed for a weekly loss after the
Federal Reserve pressed on with cuts to stimulus amid signs of a recovery in the U.S. and holdings
in the largest bullion-backed Exchange Traded Fund contracted to a five-year low. In the energy
counter, crude was down whereas natural gas saw marginal upside. WTI headed for a second
weekly decline as crude stockpiles at a record high expanded further in the U.S., the world's
biggest oil consumer. Crude supplies increased by 1.7 million barrels to 399.4 million in the seven
days ended April 25, the highest level since the Energy Information Administration began
reporting weekly data in 1982. Poor data from US and China exerted pressure on industrial metals
too. Copper fell after manufacturing expanded less than estimated in China, the biggest
consumer of the metal. China's official Purchasing Managers' Index registered 50.4 in April,
according to statistics bureau and logistics federation data. Off loading of positions by
speculators due to sluggish demand from battery-makers in the spot market kept pressure on lead
prices at futures trade.
Even most of the agro commodities traded with weak bias. Oilseeds and edible oil moved down.
Besides sluggish demand in the spot market, adequate stock position mainly weighed on crude
palm oil prices at futures trade. Malaysian palm oil futures slipped to a near three-week low,
tracking volatile soya oil markets overseas, although a slight pick-up in export demand provided
some support to the tropical oil. Continuous fall in chana prices can be attributed to increased
supplies from producing regions as against sluggish demand in the spot market. Fall in potato
prices was mostly due to offloading of positions by speculators on low demand in the spot markets
against higher supplies from producing regions. Sugar futures edged down due to slack demand in
local markets, though an estimated drop in production restricted the downside. Guar seed
futures hit a contract high early on Wednesday on forecast of weak monsoon and thin arrivals, but
shed some weekly gain due to profit-taking. In spices, turmeric futures fell on higher stocks and
lower-than-expected export demand. Jeera futures edged down on slack demand from local
buyers and below-expected overseas demand amid sufficient supplies in the local market.
WEEKLY COMMENTARY
WEEKLY STOCK POSITIONS IN WAREHOUSE (NCDEX)
COMMODITY UNIT 24.04.14 29.04.14 DIFFERENCE
QTY. QTY.
CASTOR SEED MT 122579 124886 2307
COTTON SEED (INDL. GR.) MT 10 10 0
COTTONSEED OILCAKE MT 100047 98093 -1954
GUARGUM MT 6612 7021 409
GUARSEED MT 7130 7219 89
JEERA MT 2648 2696 48
MAIZE MT 16001 15901 -100
RAPE MUSTARD SEED MT 43672 52169 8497
SOYABEAN MT 14924 15164 240
SUGAR MT 29799 31947 2148
TURMERIC MT 440 450 10
WHEAT MT 1998 1701 -297
COMMODITY UNIT 23.04.14 29.04.14 DIFFERENCE
QTY. QTY.
CARDAMOM MT 42.80 43.10 0.30
KAPASIA KHALLI BALES 4477.85 4049.72 -428.13
GOLD KGS 42.00 42.00 0.00
GOLD MINI KGS 11.00 11.00 0.00
GOLD GUINEA KGS 30.82 30.82 0.01
MENTHA OIL KGS 1293691.65 1184585.60 -109106.05
MILD STEEL MT 0.00 0.00 0.00
SILVER (30 KG Bar) KGS 12877.54 12414.24 -463.30
CME Group Inc plans to launch a physically deliverable
gold futures contract in Asia.
U.S. futures exchange CME Group Inc is considering the
introduction of daily limits on price moves in gold and
silver futures in a bid to rein in wild volatility.
The launch of October 2014 expiry futures contracts in
Refined Soya Oil on NCDEX which is scheduled to be
launched on May 01, 2014 has been deferred till further
notice.
The world inventories of cotton will reach 20.87 million
tonnes by the end of July 2015, down from an estimate
of 21.05 million tonnes it gave on April 1. - The
International Cotton Advisory Committee
Import of gold bars fell 47 per cent to `32,540 crore in
2013-14 from `61,431 crore a year ago. Inward
shipments of gold jewelry declined sharply to `3,497
crore from `25,037 crore in the review period. - Gems
and Jewellery Export Promotion Council
WEEKLY STOCK POSITIONS IN WAREHOUSE (MCX)
12

NCDEX TOP GAINERS & LOSERS (% Change) MCX TOP GAINERS & LOSERS (% Change)
4.61
3.99
3.33
2.80
2.37
-4.00
-3.63 -3.57
-2.31 -2.24
-5.00
-4.00
-3.00
-2.00
-1.00
0.00
1.00
2.00
3.00
4.00
5.00
6.00
SOYAMEAL BR. CRUDE OIL PVC NEW GUARGUM GUARSEED SILVERNEW COPPER TURMERIC CRUDE OIL
100GMS
2.51
2.15
0.52
0.32
-4.57
-4.12
-4.05
-2.99
-5.00
-4.00
-3.00
-2.00
-1.00
0.00
1.00
2.00
3.00
KAPASKHALI GOLDM GOLDPETAL (DEL) NATURAL GAS POTATO SILVERMIC LEAD COPPER
COMMODITY
COMMODITY EXCHANGE CONTRACT 25.04.14 01.05.14 CHANGE%
ALUMINIUM LME 3 MONTHS 1852.50 1785.00 -3.64
COPPER LME 3 MONTHS 6765.00 6645.00 -1.77
LEAD LME 3 MONTHS 2162.00 2090.00 -3.33
NICKEL LME 3 MONTHS 18445.00 18285.00 -0.87
ZINC LME 3 MONTHS 2056.00 2021.00 -1.70
GOLD COMEX JUNE 1300.80 1283.40 -1.34
SILVER COMEX JULY 19.72 19.04 -3.42
LIGHT CRUDE OIL NYMEX JUNE 100.60 99.42 -1.17
NATURAL GAS NYMEX MAY 4.66 4.72 1.31
PRICES OF METALS IN LME/ COMEX/ NYMEX (in US $)
WEEKLY STOCK POSITIONS IN LME (IN TONNES)
COMMODITY STOCK POSITION STOCK POSITION DIFFERENCE
24.04.14 01.05.14
ALUMINIUM 5316650 5352900 36250
COPPER 240975 233325 -7650
NICKEL 276888 276846 -42
LEAD 196275 193625 -2650
ZINC 792025 777000 -15025
INTERNATIONAL COMMODITY PRICES
COMMODITY EXCHANGE CONTRACT UNIT 25.04.14 01.05.14 CHANGE(%)
Soya CBOT JULY Cent per Bushel 1494.25 1461.00 -2.23
Maize CBOT JULY Cent per Bushel 512.75 507.00 -1.12
CPO BMD JUNE MYR per MT 2676.00 2640.00 -1.35
Sugar LIFFE AUG 10 cents per MT 477.60 478.40 0.17
13

SPOT PRICES (% change)


Procedure for Delivery & Validity Period of Cardamom at
Exchange accredited Dry Warehouse/ Cold Storage on MCX
A. Procedure for deposit
1. The depositor shall intimate the Warehouse/Cold storage Manager by
Letter/Fax/e-mail/Phone Call about the intention of depositing goods in the
Warehouse at least two days in advance.
2. The depositor has to bring current season crop and the stock should have gone
through the appropriate grading process to ensure the standard quality
parameters as prescribed by the Exchange.
3. Delivery shall be accepted at the designated delivery center strictly between
9.30 am to 5.30 pm.
4. Weighment of each and every bag shall be carried out in the warehouse itself,
and the weight of each bag shall be 50 Kg net (Excluding the weighment of
empty bag) with no tolerance limit.
5. The depositor should carry cardamom of 350 gms extra per quintal as quality
analysis sample failing which warehouse receipt will be issued with net weight
after deducting 350gm, which will be taken as representative sample.
6. Warehouse receipt will be issued per quintal basis with the same grade and
size.
7. The depositor has to take out the stock which does not conform to the quality
specification immediately. Even though the invalid stock is allowed for
professional storage for a certain period, the depositor has to lift the stock as
and when asked by the warehouse manager. In such case, the warehouse
manager shall give a written notice of 7 days to the depositor. In case the
depositor fails to lift the stock within 7 days, then the warehouse manager will
take appropriate action as per the terms and conditions of storage, as per the
provisions of State Warehousing Act and of any other applicable laws. The
Exchange shall not be liable or responsible for such stocks.
8. Warehouse Service Provider (WSP) shall collect one month storage charge in
advance at the time of deposit.
9. All charges pertaining to the loading/unloading of stocks in the warehouse /
cold storage shall be borne by the holder of the stock and shall be paid directly.
B. Expired Stock
On expiry of the validity period of the stocks deposited, the depositor/buyer has
to take out the goods from the warehouse within the validity period. If the
depositor/buyer fails to remove the goods within the time frame, the
Members/Clients are advised to check the storage charges applicable, in such
cases, with the Warehouse. The Exchange shall not be liable or responsible for
such stocks.
C. Bag Weight deduction
Warehouse Receipt will be issued excluding packing weight basis and same shall be
deducted on actual basis.
D. Sampling method & Sample Size
Sampling shall be done as per IS 13145:1993. All the bags of the lot shall be
selected for sampling. If the size/color of the capsule of all the bags is same then
the content will be mixed thoroughly before taking increments. The gross sample
size for cardamom shall be 1.5 Kg out of which the representative sample size will
be 350gms which will be kept as a reference sample in the warehouse/Cold
storage for future reference.
E. Validity Period
For any fresh deposits made on or before the 15th of a month the Final Expiry date
(FED) /Validity would be calculated counting the current calendar month as the
first month. The minimum validity period of the quality certificate post expiry
date of the contract in which the commodity has been tendered shall be 15 days or
the Final Expiry date whichever comes first.
-2.42
-1.82
-1.16
-0.82
-0.47
-0.23
-0.17
0.34
0.48
0.69
0.83
1.96
2.13
2.31
2.33
3.20
6.11
7.22
7.91
-4.00 -2.00 0.00 2.00 4.00 6.00 8.00 10.00
MASOOR(INDORE)
SILVER5KG(DELHI)
CHILLI (GUNTUR)
CHANA (DELHI )
PEPPERMALABARGAR(KOCHI)
BARLEY (JAIPUR)
GOLD10GMS(MUMBAI)
CORIANDER(KOTA)
TURMERIC(NIZAMABAD)
JEERA (UNJHA)
CRUDEPALM OIL(KANDLA)
REFINEDSOYA OIL(INDORE)
MUSTARD(JAIPUR)
RAW JUTE(KOLKATA)
RUBBER(KOCHI)
GUR(MUZAFFARNGR.)
SOYABEAN (INDORE)
GUARGUM (JODHPUR)
GUARSEED(JODHPUR)
CURRENCY
Currency Table
Currency Pair Open High Low Close
USD/INR 60.63 60.98 60.43 60.56
EUR/INR 83.77 84.52 83.56 83.87
GBP/INR 101.79 102.50 101.49 101.93
JPY/INR 59.32 59.49 58.99 59.07
(Source: FX Central, Open: Monday 9.00 AM IST, Close: Wednesday (5.00 PM IST)
News Flows of last week
30th Apr Fed showed faith in U.S. economy with bond-buying reduction
30th Apr China PMI steadies, but doesn't dispel growth worries
30th Apr U.S. manufacturing activity slowed for a second straight month in
April,
01st May U.S. construction spending rose less than expected in March
01st May U.S. manufacturing growth accelerated for a third straight month in
April
01st May U.S. auto sales rose 8.1 percent in April
01st May Japan's consumption has not slowed as much as feared: Abe
EUR/INR (MAY) contract closed at 83.87 on 30th April'14. The contract made its
high of `84.52 on 29th April'14 and a low of `83.56 on 28th April'14 (Weekly Basis).
The 14-day Exponential Moving Average of the EUR/INR is currently at `83.87.
On the daily chart, EUR/INR has Relative Strength Index (14-day) value of 47.67.
One can buy above 84.20 for a target of 85.25 with the stop loss of 83.70
`
JPY/INR (MAY) contract closed at 59.07 on 30th April'14. The contract made its
high of 59.49 on 29th April'14 and a low of `58.99 on 30th April'14 (Weekly Basis).
The 14-day Exponential Moving Average of the JPY/INR is currently at `59.22.
On the daily chart, JPY/INR has Relative Strength Index (14-day) value of 44.29.
One can sell around 59.15 for a target of 58.00 with the stop loss of 59.75
Market Stance
Indian rupee ended the week with positive note and hit three week high in last
week trading session as month end dollar demand by oil companies faded and
as exporters and large state owned banks seen selling dollars. Moreover,
overseas weakness in dollar also supported the local currency to some extent.
In the international markets, sterling rose to its highest in nearly five years as
against the dollar after a forecast-busting UK Manufacturing Purchasing
Managers' Index (PMI) survey for April. However gains were seen limited in
later part of the week as local shares fell to two and a half week lows on
account of profit booking at higher levels. Until the outcome of elections on
May 16, we expect global factors and foreign flows to largely drive direction
for the rupee.
EUR/INR
USD/INR (MAY) contract closed at `60.56 on 30th April'14. The contract made its
high of `60.98 on 29th April'14 and a low of `60.43 on 28th April'14 (Weekly Basis).
The 14-day Exponential Moving Average of the USD/INR is currently at `60.60.
On the daily chart, the USD/INR has Relative Strength Index (14-day) value of
43.96. One can sell below 60.70 for a target of 59.70 with the stop loss of 61.20.
GBP/INR (MAY) contract closed at 101.93 on 30th April'14. The contract made its
high of 102.50 on 29th April'14 and a low of `101.49 on 28th April'14 (Weekly Basis).
The 14-day Exponential Moving Average of the EUR/INR is currently at `101.78.
On the daily chart, GBP/INR has Relative Strength Index (14-day) value of 54.10.
One can buy above 102.60 for a target of 103.75 with the stop loss of 101.90.
`
USD/INR Technical Recommendation
GBP/INR JPY/INR
Economic gauge for the next week
Date Currency Event PREVIOUS
06th May JPY JPY Bank of Japan April 7-8 meeting minutes
08th May GBP GBP Bank of England Rate Decision 0.50%
08th May GBP GBP BOE Asset Purchase Target 375B
08th May EUR EUR ECB Marginal Lending Facility 0.75%
08th May EUR EUR ECB Deposit Facility Rate 0.00%
08th May EUR EUR European Central Bank Rate Decision 0.25%
14

IPO
I P O N E WS I P O N E WS
GMR Energy withdraws DRHP filed with SEBI
GMR Infrastructure says due to various business reasons GMR Energy along with the selling shareholders have withdrawn the DRHP filed with the Securities and
Exchange Board of India (SEBI) on April 28, 2014. GMR Energy had filed a draft red herring prospectus with SEBI on March 28. GMR Energy Trading is a part of the
prestigious GMR Group of companies. The GMR Group has a significant presence in the power sector through its power companies, under the flagship of GMR
Energy. GMR Group has a current installed capacity of 823 MW of power projects with nearly 8000 MW under various stages of implementation and development.
The Securities and Exchange Board of India (Sebi) fines Amadhi Investments `2.50 cr in IPO case
Capital market regulator Sebi slapped a penalty of `2.50 crore on Amadhi Investments for indulging in fraudulent and manipulative activities in the initial public
offerings (IPO) of three companies, including IDFC and Sasken Communication Technologies. The Securities and Exchange Board of India (SEBI) has found that
Amadhi Investments financed one Sugandh Estates and Investments in the IPOs of IDFC, Sasken and FCS Software Solutions with the purpose of cornering shares
reserved for retail investors. SEBI also noted that "the nefarious design" adopted by Amadhi Investments in cornering the shares had deprived retail investors of
opportunity of getting allotment in the IPOs. Accordingly, the regulator has imposed "a penalty of `2.50 crore on Amadhi Investments Ltd" for violation of SEBI
(Prohibition of Fraudulent and Unfair Trade Practices relating to the Securities Market) Regulations 2003, the ordern said.
The Securities and Exchange Board of India (Sebi) imposes `2 cr fine on 4 entities in Vaswani IPO case
Capital market regulator SEBI imposed a total penalty of `2 crore on four entities for artificially inflating bid prices in the initial public offer (IPO) of Vaswani
Industries in 2011. The Securities and Exchange Board of India (SEBI) levied fines of `75 lakh on Rikhav Brokers, `25 lakh on AHL Investment Consultants and `50
lakh each on Manba Broking Services and Manba Investments & Securities. SEBI noted the bids were made by the entities without sufficient funds and "were
definitely not genuine, but were caused with purpose to artificially inflate the bid book at the highest price and to create misleading interest for other investors
to subscribe in the issue." The bidding for the issue opened on April 29, 2011, and closed on May 3, 2011.
15
*Closing prices as on 30-04-2014

I P O TR AC K E R
Just Dial service provider 8268.58 950.11 5-Jun-13 530.00 590.00 1178.70 122.40
Repco Home Fin Finance 2327.27 270.39 1-Apr-13 172.00 165.00 374.40 117.67
V-Mart Retail Trading 571.04 123.00 20-Feb-13 210.00 216.00 317.95 51.40
Bharti Infra. Telecom 40941.16 4533.60 28-Dec-12 220.00 200.00 216.70 -1.50
PC Jeweller Jewellary 1644.14 609.30 27-Dec-12 135.00 135.50 91.80 -32.00
CARE Rating Agency 2288.10 540.00 26-Dec-12 750.00 949.00 789.00 5.20
Tara Jewels Jewellary 253.59 179.50 6-Dec-12 230.00 242.00 103.00 -55.22
VKS Projects Engineering 34.65 55.00 18-Jul-12 55.00 55.80 0.55 -99.00
Speciality Rest. Restaurants 634.90 181.96 30-May-12 150.00 153.00 135.20 -9.87
T B Z Jewellary 934.80 210.00 9-May-12 120.00 115.00 140.15 16.79
MT Educare Miscellaneous 375.72 99.00 12-Apr-12 80.00 86.05 94.45 18.06
NBCC Construction 2512.80 124.97 12-Apr-12 106.00 100.00 209.40 97.55
Olympic card. Media 45.34 24.75 28-Mar-12 30.00 29.95 27.80 -7.33
Multi Comm. Exc. Exchange 2721.64 663.31 9-Mar-12 1032.00 1387.00 533.55 -48.30
Indo Thai Sec. Finance 12.15 29.60 2-Nov-11 74.00 75.00 12.15 -83.58
Vaswani Inds. Steel 8.14 49.00 24-Oct-11 49.00 33.45 2.84 -94.20
Flexituff Intl. Packaging 561.04 104.63 19-Oct-11 155.00 155.00 225.50 45.48
Prakash Constro. Construction 12.32 60.00 4-Oct-11 138.00 145.00 0.98 -99.29
PG Electro. Consumer Durables 227.77 120.65 26-Sep-11 210.00 200.00 138.80 -33.90
SRS Jewellary 486.12 203.00 16-Sep-11 58.00 55.00 34.90 -39.83
TD Power Sys. Capital Goods 914.43 227.00 8-Sep-11 256.00 251.60 275.10 7.46
Tree House Edu. Miscellaneous 1192.67 112.06 26-Aug-11 135.00 132.80 321.30 138.00
Inventure Grow. Finance 84.08 81.90 4-Aug-11 117.00 119.00 10.01 -91.44
Readymade Steel Steel 324.65 34.75 13-Jul-11 108.00 115.00 263.55 144.03
Birla Pacific Healthcare 4.71 65.18 7-Jul-11 10.00 10.10 0.42 -95.80
Company Sector M.Cap(In `Cr.) Issue Size(in `Cr.) List Date Issue Price List Price Last Price %Gain/Loss(from
Issue price)
*
FIXED DEPOSIT MONITOR
16
Interest structure may be revised by company from time to time. Pls confirm Interest rates before submitting the application.
* For Application Greater Than Rs. Fifty Lakhs Or equal to Fifty Lakhs, Please Contact to Head Office.
* Email us at fd@smcindiaonline.com
NON BANKING FINANCIAL COMPANIES & HFC
PERIOD MIN.
REMARKS
S.NO (NBFC COMPANY -NAME)
12M 18M 24M 36M 45M 48M 60M 84M INVESTMENT
1 BAJAJ FINANCE LTD. 9.25 9.75(15M) 9.40 9.65 - 9.25 9.25 - 0.25% FOR SR. CITIZEN LOCATION WISE
2 DEWAN HOUSING FINANCE CORPORATION LTD 13M=10.50% 14M=10.50% 40M=10.50% 0.50% EXTRA FOR SR. CITIZEN,WIDOW, -
ARMED, PERSONNEL, EXISTING DHFL HOME
BORROWERS & DHFL SHARE HOLDERS, FOR
13M=0.25% EXTRA FOR DEPOSIT 1 CR AND
ABOVE, 14M=0.25% EXTRA ON 25LAC & ABOVE
3 DEWAN HOUSING FINANCE CORPORATION LTD (AASHRAY) 10.00 - 10.00 10.00 - 10.00 - 10.00 0.50% FOR SR. CITIZEN, WIDOW, ARMED 10,000/-
PERSONNEL, EXISTING DHFL HOME
BORROWERS & DHFL SHARE HOLDERS,
0.25% FOR DEPOSIT RS.25LAC & ABOVE
4 GRUH FINANCE LTD. 9.00 - 9.25 9.50 - 9.50 9.25 9.25 0.25% FOR SR. CITIZEN & TRUST 1000/-
5 HDFC (INDIVIDUAL & TRUST ) - REGULAR <1 CR 9.25 - 9.25 9.25 - 9.00 9.00 - 0.25% FOR SR. CITIZEN. 20,000/-
6 HDFC PLATINUM SCHEME 9.60(15M) 9.60(22M) 9.50(33M) - 20,000/-
7 HUDCO LTD. 9.15 - 8.85 8.90 - 8.75 8.75 8.25 0.25% FOR SR. CITIZEN -
8 KERALA TRANS DEVELOP FINANCE CORP LTD 10.25 - 10.25 10.25 - 10.00 10.00 - 0.25% EXTRA FOR SR. CITIZEN & 0.25%
EXTRA IF APP AMOUNT IS RS. 25 LAC & ABOVE
9 LIC HOUSING FINANCE LTD. 9.00 9.00 9.25 9.40 - - 9.60 - 0.25% FOR SR. CITIZEN IF APP ABOVE 10000/-
RS. 50,000/- & 0.10% IF APP UPTO RS. 50,000/-
10 MAHINDRA & MAHINDRA FINANCE 9.25 9.75 10.00 10.25 - 9.75 9.75 - 0.25% EXTRA FOR SR. CITIZEN 10000/-
11 PNB HOUSING FINANCE LTD. 9.65 - 9.40 9.40 - 9.40 9.50 9.50 0.25% EXTRA FOR SR. CITIZEN UPTO 20000/-
RS.1 CRORE AND NOT FOR 1 YR SCHEME
12 SHRIRAM TRANSPORT FINANCE-UNNATI SCHEME 9.25 - 9.75 10.75 - 10.75 10.75 - 0.25% EXTRA FOR SR. CITIZEN 25000/-
(FOR TRUST ONLY)

MUTUAL FUND
NEWS
Mutual Fund industry lost 33 lakh investor accounts in FY14
Mutual funds lost about 33 lakh investors, measured in terms of individual accounts or folios, in the last financial year, 2013-14, primarily on account of volatility
in equity market. It was the fifth consecutive year of loss of folios by mutual funds (MF). Folios are numbers designated to individual investor accounts, although
one investor can have multiple folios. According to market regulator Sebi's data, on total investor accounts with 44 fund houses, the number of folios fell to
around 3.95 crore at the end of 2013-14, from 4.28 crore in the last fiscal (2012-13) - a decline of 33 lakh new investor accounts. In the past five financial years till
2013-14, the MF industry had lost more than 88 lakh investor accounts. MF sector, which held 4.75 crore folios at the end of financial year 2008-09, saw an
increase of 3.66 lakh new investors account to 4.8 crore in 2009-10.
Kotak MF introduces FMP Series 160 (1039 Days)
Kotak Mutual Fund has launched the New Fund Offer (NFO) of Kotak FMP Series 160 (1039 Days), a close ended income scheme. The NFO opens for subscription on May
02, 2014 and closes on May 07, 2014. The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a
view to reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.
IDFC MF introduces Fixed Term Plan Series -92(369 Days)
IDFC Mutual Fund has launched the New Fund Offer (NFO) of IDFC Fixed Term Plan Series -92(369 Days), a close ended income scheme. The NFO opens for
subscription on May 02, 2014 and closes on May 06, 2014. The investment objective of the scheme is to generate income through investments in Debt / Money
Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s).
HDFC MF introduces FMP 367D May 2014 (1)
HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC FMP 367D May 2014 (1), a close ended income scheme. The NFO opens for subscription on May
02, 2014 and closes on May 05, 2014. The investment objective of the scheme is to generate income through investments in Debt / Money Market Instruments and
Government Securities maturing on or before the maturity date of the respective Plan(s).
Deutsche MF introduces Fixed Maturity Plan- Series 68
Deutsche Mutual Fund has launched the New Fund Offer (NFO) of Deutsche Fixed Maturity Plan- Series 68, a close ended income scheme. The NFO opens for
subscription on May 02, 2014 and closes on May 12, 2014. The investment objective of the scheme is to generate income by investing in debt and money market
instruments maturing on or before the date of the maturity of the Scheme.
Birla Sun Life MF introduces Fixed Term Plan Series LJ (366 days)
Birla Sun Life Mutual Fund has launched the New Fund Offer (NFO) of Birla Sun Life Fixed Term Plan - Series LJ (366 days), a close ended income scheme. The NFO
opens for subscription on May 02, 2014 and closes on May 05, 2014. The investment objective of the scheme is to generate income by investing in a portfolio of
fixed income securities maturing on or before the duration of the scheme.
17

NFOs WATCH
Fund Name NFO NFO Scheme Objective Fund Type Fund Class Fund Manager Minimum
Opens on Closes on
Amount
22-Apr-2014 06-May-2014 Close-Ended Growth `5000/- L&T Emerging
Businesses Fund -
Regular Plan (G)
S. N. Lahiri /
Rajesh
Pherwani /
Abhijeet
Dakshikar
To generate long-term capital appreciation
from a diversifi ed portfolio of predominantly
equity and equity related securities,
including equity derivatives, in the Indian
markets with key theme focus being
emerging companies (small cap stocks). The
Scheme could also additionally invest in
Foreign Securities. Emerging companies are
businesses which are typically in the early
stage of development and have the potential
to grow their revenues and profi ts at a higher
rate as compared to broader market.
25-Apr-2014 09-May-2014 Close-Ended Dividend `5000/- ICICI Prudential
Dividend Yield Equity
Fund - Regular Plan
(D)
Mrinal Singh /
Vinay Sharma /
Ashwin Jain
To provide medium to long term capital gains
and/or dividend distribution by investing in a
well diversified portfolio of predominantly
equity and equity related instruments, which
offer attractive dividend yield.
7-May-2014 8-May-2014 Close-Ended Growth `5000/- HDFC Fixed Maturity
Plan - 370D - May
2014 Series 31 (1)
Regular Plan (G)
Anil Bamboli /
Rakesh Vyas
To generate income through investments in
Debt / Money Market Instruments and
Government Securities maturing on or before
the maturity date of the respective Plan(s).
29-Apr-2014 12-May-2014 Close-Ended Growth `5000/- HDFC Fixed Maturity
Plan - 730D - Apr
2014 Series 31 (1)
Regular Plan (G)
Anil Bamboli /
Rakesh Vyas
to generate income through investments in
Debt / Money Market Instruments and
Government Securities maturing on or before
the maturity date of the respective Plan(s).
18
MUTUAL FUND Performance Charts
Returns (%) Risk Market Cap (%)
Scheme Name NAV Launch QAAUM 3M 6M 1Y 3Y Since Std.Dev Beta Jenson LARGE MID SMALL DEBT &
(`) Date (` Cr.) Launch CAP CAP CAP OTHER
ICICI Prud. Exports and Other Services Fund - G 28.91 30-Nov-2005 299.50 4.63 14.81 51.28 17.80 13.44 1.67 0.46 0.38 60.14 26.80 2.84 10.22
Reliance Small Cap Fund - Growth 13.79 16-Sep-2010 360.85 19.24 35.48 43.98 11.34 9.27 1.93 0.59 0.20 59.83 32.79 4.86 2.52
Franklin India Smaller Companies Fund - G 22.53 13-Jan-2006 386.21 21.52 29.30 40.32 15.80 10.29 1.83 0.65 0.28 10.99 76.72 5.61 6.68
UTI Mid Cap Fund - Growth 45.52 09-Apr-2004 298.56 21.10 32.76 38.86 12.60 17.33 1.92 0.71 0.18 20.08 68.41 5.98 5.53
SBI Magnum Midcap Fund - Growth 34.56 29-Mar-2005 227.69 14.14 29.44 36.91 14.94 14.61 1.82 0.59 0.25 5.99 75.21 7.39 11.42
DSP BlackRock Micro Cap Fund - Reg - G 21.02 14-Jun-2007 361.32 21.05 33.54 36.49 10.24 11.40 1.93 0.66 0.10 5.99 75.21 7.39 11.42
ICICI Prudential MidCap Fund - Growth 42.35 28-Oct-2004 212.68 22.19 36.26 35.78 9.19 16.39 1.99 0.65 0.11 5.99 75.21 7.39 11.42
EQUITY (Diversified)
BALANCED
INCOME FUND
Note: Indicative corpus are including Growth & Dividend option. The above mentioned data is on the basis of 30/04/2014
Beta, Sharpe and Standard Deviation are calculated on the basis of period: 1 year, frequency: Weekly Friday, RF: 7%
ULTRA SHORT TERM
SHORT TERMFUND
Due to their inherent long term nature, the following 3 categories have been sorted on the basis of 1 year returns
Due to their inherent short term nature, the following 2 categories have been sorted on the basis of 6month returns
Returns (%) Risk Market Cap (%)
Scheme Name NAV Launch QAAUM 3M 6M 1Y 3Y Since Std.Dev Jenson LARGE MID SMALL DEBT &
(`) Date (` Cr.) Launch CAP CAP CAP OTHER
HDFC Balanced Fund - Growth 76.73 11-Sep-2000 1227.37 13.01 19.09 24.32 10.79 16.11 1.32 0.07 26.59 41.86 1.59 29.96
SBI Magnum Balanced Fund - Growth 67.82 09-Oct-1995 488.23 10.85 14.92 21.02 10.17 15.92 1.20 0.15 32.17 32.42 3.76 31.65
ICICI Prudential Balanced - Growth 66.93 03-Nov-1999 640.08 11.75 13.63 20.46 12.67 14.01 1.25 0.11 44.74 21.16 1.81 32.29
HDFC Prudence Fund - Growth 272.75 01-Feb-1994 5145.95 16.15 20.15 19.24 8.01 19.26 1.70 0.02 38.84 28.19 7.94 25.03
Tata Balanced Fund - Plan A - Growth 113.15 08-Oct-1995 616.23 10.91 10.86 17.05 10.46 15.87 1.39 0.07 45.78 28.74 0.36 25.13
Birla Sun Life 95 - Growth 397.82 10-Feb-1995 646.47 12.07 11.50 14.97 8.00 21.11 1.38 0.06 48.71 24.61 1.27 25.42
Reliance RSF - Balanced - Growth 28.54 08-Jun-2005 536.68 12.57 14.93 14.90 8.29 12.51 1.54 0.04 53.27 14.61 7.00 25.13
Returns (%) Risk
Average Yield till
Scheme Name NAV Launch QAAUM Since Std. Sharpe
Maturity (Days) Maturity
1W 2W 1M 6M 1Y 3Y
(`) Date (`Cr.) Launch Dev.
Kotak Banking and PSU Debt Fund - G 28.72 29-Dec-1998 530.72 9.39 9.47 9.54 9.97 9.92 8.9 7.12 11.55 0.15 65.7 9.75
Axis Banking Debt Fund - Growth 1178 08-Jun-2012 427.85 8.12 9.1 6.93 9.24 8.89 N.A 9.04 6.67 0.25 328.5 9.14
Templeton India Cor. Bond Oppor. Fund - G 12.73 07-Dec-2011 5685.15 16.81 20.32 11.14 10.31 8.25 N.A 10.58 14.32 0.17 930.75 10.92
Templeton India Income Oppor. Fund - G 14.55 11-Dec-2009 3885.25 15.02 17.79 10.53 9.7 8.07 9.56 8.93 13.5 0.17 744.6 10.78
Reliance RSF - Debt - Growth 17.29 09-Jun-2005 4020.55 12.15 15.33 9.35 8.92 7.92 9.02 6.32 10.23 0.17 664.3 10.43
Tata Dynamic Bond Fund - Plan A - G 19.11 03-Sep-2003 303.36 14.78 20.2 10.95 8.09 7.79 8.76 6.26 30.86 0.08 1434.45 9.3
UTI Dynamic Bond Fund - Growth 13.95 23-Jun-2010 498.87 13.42 25.06 13.89 9.61 7.6 9.54 9.02 16.56 0.12 1042.29 N.A
Annualised
Returns (%) Risk
Average Yield till
Scheme Name NAV Launch QAAUM Since Std. Sharpe
Maturity (Days) Maturity
1W 2W 1M 6M 1Y 3Y
(`) Date (`Cr.) Launch Dev.
Birla Sun Life Medium Term Plan - Reg - G 15.37 25-Mar-2009 2331.53 16.50 18.07 10.99 10.38 10.04 10.48 8.79 12.66 0.26 N.A 10.65
Birla Sun Life Short Term Oppor. Fund - Reg - G 20.72 24-Apr-2003 2681.61 14.49 17.15 9.85 10.07 9.79 10.38 6.83 11.54 0.29 N.A 10.11
DSP BlackRock Income Oppor. Fund - Reg - G 20.32 13-May-2003 913.16 12.09 14.15 9.81 9.80 8.40 8.73 6.67 9.79 0.14 545.53 10.55
Templeton India STIP - Growth 2592.66 31-Jan-2002 7939.51 14.41 16.35 10.26 9.73 8.44 9.58 8.09 11.97 0.19 678.90 10.73
HDFC Short Term Opportunities Fund - G 13.92 25-Jun-2010 2359.85 9.80 11.04 8.93 9.64 8.21 9.36 8.97 10.39 0.17 489.10 9.64
HDFC Short Term Plan - Growth 24.56 28-Feb-2002 1865.16 10.55 12.51 9.01 9.58 7.16 8.78 7.66 11.51 0.11 568.18 10.17
ICICI Prudential Banking & PSU Debt Fund - G 14.17 01-Jan-2010 420.11 11.54 12.42 9.17 9.54 7.48 9.09 8.39 11.81 0.13 441.34 9.36
Annualised
Returns (%) Risk
Average Yield till
Scheme Name NAV Launch QAAUM Since Std. Sharpe
Maturity (Days) Maturity
1W 2W 1M 6M 1Y 3Y
(`) Date (`Cr.) Launch Dev.
Birla Sun Life Treasury Optimizer Plan - Ret - G 234.17 19-Apr-2002 350.46 14.85 17.50 10.78 10.05 9.75 9.52 7.32 4.05 0.51 N.A 9.23
Birla Sun Life Treasury Optimizer Plan - DAP 144.56 22-Jun-2009 350.46 14.86 17.50 10.72 9.77 9.41 9.29 7.88 4.06 0.43 N.A 9.23
Templeton India Low Duration Fund - G 14.06 26-Jul-2010 1871.37 10.44 10.13 9.35 9.75 9.54 9.88 9.47 3.99 0.58 120.45 9.88
Baroda Pioneer Treasury Adv. Fund - Reg - G 1462.84 24-Jun-2009 636.33 8.73 8.60 8.76 9.64 9.11 9.51 8.16 4.76 0.41 136.82 9.81
Templeton India USBF - Retail - Growth 16.54 18-Dec-2007 3535.72 10.30 9.45 8.93 9.51 9.57 9.48 8.22 2.91 0.71 135.05 9.88
IDFC Ultra Short Term Fund - Reg - G 18.01 17-Jan-2006 1593.38 8.24 8.37 8.45 9.50 9.50 9.75 7.35 4.02 0.57 129.12 9.17566
Kotak Floater - LT - Growth 20.52 13-Aug-2004 1989.10 8.35 8.54 8.82 9.36 8.94 9.33 7.68 4.73 0.40 219.00 9.7
Annualised