connect mar08 p01-44 v10 - aditya birla capital...systematic investment plan (sip) asset allocation...
TRANSCRIPT
Market OutlookM a r c h 2 0 0 8
The Finance Minister announced the Union Budget 2008-09 with an eye on elections. It appeared like a delicate balancing act between inclusive growth and fiscal prudence. The budget increases spending on agriculture, education, infrastructure and health. As expected, Mr. Chidambaram also announced the waiver of farm loans and the overdue interest estimated to be in proximity of Rs. 60,000 Crores. The budget has also increased the exemption limit for the individual taxpayers. This will put more money in taxpayers' hands thus boosting consumption to by a considerable extent. The government also proposed to cut mean rate of excise duty for industry. The increase in short-term capital gains tax was from 10% to 15% affected the market sentiment negatively..
The primary thrust of the budget came across as boosting consumption by way of increasing personal disposable income. On the flip side, there was less than expected thrust on infrastructure. In terms of sectors, the budget is distinctly positive for the Automobile sector due to a steeper cut in excise duty as well as increase in personal disposable income as a result of reduction in income tax outgo. There will be some spillover of this into other consumer durables like furnishings, lifestyle products and to a lesser extent in FMCGs as well.
The fiscal deficit for 2007-08 is estimated to be 3.1% of GDP and for 2008-09 the same is forecast to be 2.5% of GDP. Though the budget looks a good balancing act, some of the expenditure remains off budget. There is no provision for the potential hit from the Sixth Pay Commission recommendations, which is expected in the next couple of months. Also, the loan waiver of Rs. 60,000 Crores mentioned above is not part of the budget.
Earlier in the month, Railway Budget attempted to target inflation with its efforts to control freight costs for users. The Rail Minister has announced a 5% cut in freight rates for petrol & diesel and a 6% cut for iron ore transport. In addition, certain passenger fares have been cut (including 4% cut in fares for selective classes). With rising internal accruals, capex spending by the railways is likely to accelerate after being sluggish for a long period. For F2008, the railways' capex is likely to increase to 0.7% of GDP from
0.6% in the previous year. In this year's budget, the Rail Minister also re-affirmed the plan to invest Rs. 30,000 Crores (US$ 6.7 bn) on dedicated freight corridors over the next five years. In addition, the Minister announced that pre-feasibility studies for the construction of four high-speed passenger corridors, running trains at speeds of 300-350 km/hour.
State Bank of India, largest domestic bank, reduced its PLR by 50bps in two steps of 25bps each. Canara Bank, Union Bank of India, Bank of India, amongst others, followed suit and dropped their PLRs by 25-50bps as well.
The MSCI Emerging Markets Index and MSCI Emerging Asia Index gained 7.3% and 7.2% respectively. The benchmark indices Sensex and Nifty ended the month 2.84% and 1.09% lower respectively in spite of the moderately positive FII flows at +USD 429.80 mn after a big negative in January month (-USD 3,231.60mn).
Headwinds from developed markets continued to toy with markets sentiments during the month and impacted two domestic IPOs (Emaar and Wokhardt Hospitals), which were withdrawn after they failed to garner adequate subscription. This was followed by a disappointing listing of Reliance Power, one of the largest IPOs in Indian markets.
As a fallout, defensive sectors like Pharmaceuticals and Consumer Staples were amongst the top performers after Metals. On the flip side, Financials and Real Estate stocks staged a reversal.
The Indian markets have underperformed other emerging and regional markets this year. As a result valuations are now much more reasonable as compared to few months back. At the same time, the growth drivers of the infrastructure spending, increasing incomes, personal consumption growth and young demographic profile firmly entrenched. For an investor with long-term horizon, this correction provides an attractive opportunity to increase allocation towards equity markets through tax efficient vehicles like mutual funds.
EQUITY MARKET
Domestic bond markets:Sentiment in the bond market swayed in two directions as leading indicators changed guards. Sentiment was negatively affected by rising inflationary pressures and a cash crunch along with rising commodity prices. Ten-year benchmark yield ended at 7.60% up from 7.53%. Overnight call rates, after hovering around 6.25% range, quickly rose to 7.75-8% territory as liquidity dried in the system.
Speculation over easier monetary policy in the coming quarters gradually eased due to rising inflation rate. WPI surged to 9-mont high of 4.89% y-o-y as the pass-through effect of higher petrol/diesel prices was felt on the economy. Persisting pressures of higher global food prices and oil prices continued to fuel inflationary expectations.
The government economic review maintained that inflation should moderate in the coming months, providing some relief to sentiment. Bonds also drew support from bouts of SLR buying. On the external front, risk aversion by players has sustained the overall appeal of risk-free bonds. US yields swung wildly amidst chaotic conditions. While this proved supportive, bearish domestic factors largely dominated the mood.
Corporate bond market sentiment was dull as players choose to maintain sidelines
amidst tight cash conditions. Volumes dipped to nearly half as that of the previous month. With few exceptions, consistent profit taking across the curve widened spreads accordingly. Though budget proposals provided some fillip to corporate bonds. The budget proposed to create an exchange-traded market for corporate bonds, including trade in domestic convertible bonds and to abolish tax deduction at source for listed corporate bonds.
US interest rate futures priced in a 50 bps rate cut from the FOMC meeting in mid-March. Meanwhile, Q4 GDP growth was confirmed at a 0.6% yoy pace after a 4.9% in Q3. Excluding the improvement in trade, the economy would have shrunk at 0.3%, the first decline since 2001, when the US was last in a recession.
Outlook for bond markets:Systemic liquidity would face stress from advance tax outflows slated in mid-March. Drawing cues from the mood in the global markets, major thrust from FII inflows also seems unlikely. Usually high year-end demand for cash is likely to keep short term rates under pressure. Persisting risk from inflationary pressures will also keep tab on the sentiment. On the positive side, with no fresh supply of GOI papers in sight and demand for SLR securities may keep sentiment afloat.
DEBT MARKET
Our Investment Team (In alphabetical order):
A. Balasubramanian Chief Investment Officer
Achala Kanitkar Research Analyst - Equity
Ajay Argal Senior Fund Manager-Equity
Ajay Garg Fund Manager-Equity
Ankit Sancheti Fund Manager / Research Analyst
Atul Penkar Fund Manager
Hemang Dagli Sr. Dealer - Equity & Deri. Specialist
Hina Sampat Executive - Knowledge Management
Lokesh Mallya Credit Analyst-Fixed Income
Mahesh Patil Fund Manager-Equity
Maneesh Dangi Fund Manager-Fixed Income
Naysar Shah Equity Analyst
Paresh Khandelwal Equity Analyst
Prasad Dhonde Fund Manager
Sanjay Chawla Fund Manager-Equity
Satyabrata Mohanty Fund Manager-Fixed Income
Sujit Patki Dealer-Equity
Sunaina da Cunha Credit Analyst-Fixed Income
Vineet Maloo Fund Manager - Equity
03
As on 29th February, 2008
Birla Sun Life Equity Fund
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 18798.50 13.91ICICI Bank Ltd. 6231.51 4.61Bank of Baroda 2743.10 2.03Kotak Mahindra Bank Ltd. 2097.49 1.55Indian Bank 2014.19 1.49Andhra Bank 1999.84 1.48Oriental Bank of Commerce 1634.86 1.21Central Bank of India 1209.04 0.89Bank of India 868.48 0.64
Industrial Capital Goods 15753.39 11.66Bharat Heavy Electricals Ltd. 5033.45 3.73Crompton Greaves Ltd. 4478.33 3.31Bharat Bijlee Ltd. 2118.34 1.57Thermax Ltd. 1991.29 1.47AIA Engineering Ltd. 1417.82 1.05Siemens Ltd. 714.16 0.53
Construction 11797.20 8.73IVRCL Infrastructures & Projects Ltd. 2240.13 1.66Housing Development & Infrastructure Ltd 1740.14 1.29Ansal Properties & Infrastructure Ltd. 1716.71 1.27Gammon India Ltd. 1658.58 1.23Punj Lloyd Ltd. 1619.95 1.20Nagarjuna Construction Co. Ltd. 1421.42 1.05Mahindra Lifespace Developers Ltd. 1400.28 1.04
Power 11731.15 8.68Reliance Energy Ltd. 2381.41 1.76KEC International Ltd. 2245.15 1.66CESC Ltd. 2033.70 1.51GVK Power & Infrastructure Ltd. 2028.11 1.50Lanco Infratech Ltd. 1692.73 1.25Tata Power Company Ltd. 1350.04 1.00
Telecom-Services 7569.05 5.60Reliance Communications Ltd. 4151.03 3.07Bharti Airtel Ltd. 3418.03 2.53
Diversified Industries 6532.51 4.83United Breweries Holdings Ltd. 4353.61 3.22Aditya Birla Nuvo Ltd. 2178.90 1.61
Ferrous Metals 5472.94 4.05Tata Steel Ltd. 2863.48 2.12Jindal Steel & Power Ltd. 1728.56 1.28Welspun Gujarat Stahl Rohren Ltd. 880.90 0.65
Media & Entertainment 4951.18 3.66Balaji Telefilms Ltd. 2049.54 1.52Zee Entertainment Enterprises Ltd 1924.88 1.42Jagran Prakashan Ltd. 976.76 0.72Magnasound India Ltd.** 0.00 0.00
Software 4906.25 3.63Infosys Technologies Ltd. 1875.00 1.39Megasoft Ltd. 1826.73 1.35Satyam Computer Services Ltd. 1051.94 0.78Allsec Technologies Ltd. 152.58 0.11
Oil 4642.98 3.44Oil & Natural Gas Corporation Ltd. 3166.12 2.34Aban Offshore Ltd. 1476.86 1.09
Petroleum Products 4453.12 3.30Reliance Industries Ltd. 4453.12 3.30
Retailing 2836.44 2.10Pantaloon Retail (India) Ltd. 2836.44 2.10
Consumer Non Durables 2668.60 1.98ITC Ltd. 1647.52 1.22United Spirits Ltd. 1021.08 0.76
Chemicals 2623.60 1.94Bombay Dyeing & Mfg. Co. Ltd. 2623.60 1.94
Finance 2487.88 1.84India Infoline Ltd. 1994.08 1.48Indiabulls Securities Ltd. ** 493.80 0.37
Pharmaceuticals 1375.49 1.02Wockhardt Ltd. 1348.54 1.00Maestro Mediline Systems Ltd. 26.95 0.02
Transportation 1326.87 0.98Mundra Port and Special Economic Zone Ltd. 1326.87 0.98
Gas 1210.85 0.90GAIL (India) Ltd. 1210.85 0.90
Non - Ferrous Metals 1098.18 0.81Sterlite Industries (India) Ltd. 1098.18 0.81
Industrial Products 591.97 0.44Cummins India Ltd. 591.97 0.44
Auto 400.94 0.30Bajaj Auto Ltd. 400.94 0.30
Cash & Current Assets 21884.55 16.20
Total Net Asset 135113.65 100.00
**Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on February 29, 2008 is Rs. 121.97 Crores (Notional value).
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Equity Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : October 1, 1998
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities.
Investment Objective
Date of inception / takeover : August 27, 1998
Fund Manager : Mr. Mahesh Patil
NAV : Rs.
Growth : 246.07
Dividend : 79.29
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : < Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Benchmark : BSE 200 Corpus : Rs. 1351.14 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Equity
Fund
Birla Sun Life Equity
Fund
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 113000 444986 770219 27.65 38.65
Last 5 years 60000 148643 194356 37.30 49.12
Last 3 years 36000 61750 58881 34.78 38.45
Last 1 year 12000 13743 13428 28.12 22.89
#iiiiValue Research Rating
Birla Sun Life Equity FundEquity: Diversified ( Schemes), 5 203 Yrs ended 29-Feb-08
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Birla SunLife Equity Fund - Growth BSE 200
% R
etu
rns
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
*For direct application: Entry Load is Nil.
M a r c h 2 0 0 8
04
44.14 44.62
56.92
40.02
43.36
35.13
41.57
22.95
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
2.10%
3.30%
3.44%
3.63%
3.66%
4.05%
4.83%
5.60%
8.68%
8.73%
10.20%
11.66%
13.91%
16.20%
Retailing
Petroleum Products
Oil
Software
Media & Entertainment
Ferrous Metals
Diversified Industries
Telecom-Services
Power
Construction
Other Equity
Industrial Capital Goods
Banks
Cash & Current Assets
Birla Midcap Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 11054.99 14.83Union Bank of India 3228.86 4.33Indian Overseas Bank 2000.94 2.68Federal Bank Ltd. 1520.54 2.04ING Vysya Bank Ltd. 1484.60 1.99Oriental Bank of Commerce 1434.75 1.93Indian Bank 1385.31 1.86
Industrial Capital Goods 10151.69 13.62Bharat Bijlee Ltd. 1711.25 2.30Havells India Ltd. 1390.49 1.87Bharat Electronics Ltd. 1381.35 1.85Bharati Shipyard Ltd. 1354.18 1.82Crompton Greaves Ltd. 1336.20 1.79Thermax Ltd. 1321.10 1.77Jyoti Structures Ltd. 1284.54 1.72Mcnally Bharat Engineering Company Ltd. 372.60 0.50
Construction 6902.83 9.26Simplex Infrastructures Ltd. 2412.86 3.24Akruti City Ltd. 1803.76 2.42Housing Development & Infrastructure Ltd 1376.30 1.85Hindustan Construction Co. Ltd. 1309.91 1.76
Ferrous Metals 5132.61 6.89Sesa Goa Ltd. 1428.29 1.92Monnet Ispat Ltd. 1330.09 1.78Welspun Gujarat Stahl Rohren Ltd. 1321.35 1.77Jindal Steel & Power Ltd. 814.25 1.09Jai Corp Ltd. 238.64 0.32
Consumer Durables 4107.93 5.51Blue Star Ltd. 2251.64 3.02Voltas Ltd. 1856.29 2.49
Consumer Non Durables 3351.03 4.50Shaw Wallace Company Ltd. 1253.03 1.68ITC Ltd. 1133.52 1.52Triveni Engineering & Industries Ltd. 964.48 1.29
Media & Entertainment 3181.97 4.27Television Eighteen India Ltd. 1165.46 1.56Adlabs Films Ltd. 1048.69 1.41Balaji Telefilms Ltd. 967.83 1.30
Textile Products 2850.75 3.83Raymond Ltd. 1725.20 2.31Alok Industries Ltd. 1125.56 1.51
Chemicals 2665.51 3.58Solar Explosives Ltd. 2665.51 3.58
Diversified Industries 2567.80 3.45Aditya Birla Nuvo Ltd. 1325.44 1.78United Breweries Holdings Ltd. 1242.35 1.67
Finance 2419.81 3.25Indiabulls Financial Services Ltd 1107.18 1.49India Infoline Ltd. 837.79 1.12Indiabulls Securities 474.84 0.64
Power 2386.79 3.20CESC Ltd. 1197.80 1.61GVK Power & Infrastructure Ltd. 1129.50 1.52Kalpataru Power Transmission Ltd. 59.49 0.08
Industrial Products 2181.20 2.93Sintex Industries Ltd. 2181.20 2.93
Cement 2151.96 2.89Madras Cements Ltd. 1167.60 1.57Century Textile & Industries Ltd. 984.36 1.32
Pharmaceuticals 1977.20 2.65Glenmark Pharmaceuticals Ltd. 1977.20 2.65
Fertilisers 1610.77 2.16Tata Chemicals Ltd. 1610.77 2.16
Non - Ferrous Metals 1464.18 1.96Nava Bharat Ventures Ltd. 1464.18 1.96
Auto 1383.22 1.86Ashok Leyland Ltd. 1383.22 1.86
Trading 1298.74 1.74Adani Enterprises Ltd. 1298.74 1.74
Petroleum Products 908.52 1.22Hindustan Petroleum Corporation Ltd. 908.52 1.22
Hotels 913.88 1.23Indian Hotels Co. Ltd. 839.76 1.13Indian Hotels Co. Ltd.(Rights) ** 74.12 0.10
Auto Ancillaries 581.44 0.78Kesoram Industries Ltd. 581.44 0.78
Corporate Debt 60.32 0.08Trent Ltd. 60.32 0.08
Cash & Current Assets 3221.84 4.32
Total Net Asset 74526.99 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Midcap Fund…
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment - November 1, 2002.
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve long-term growth of capital at controlled level of risk by primarily investing in midcap stocks.
Investment Objective
Date of inception / takeover : October 3, 2002
Fund Manager : Mr. Sanjay Chawla & A. BalasubramaniamMr.
NAV : Rs.
Growth : 92.66
Dividend : 28.48
Benchmark : CNX Midcap Corpus : Rs. 745.27 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Midcap Fund
Birla Midcap Fund
CNX Midcap
CNX Midcap
Since Inception 64000 188051 222607 41.50 48.42
Last 5 years 60000 158069 187321 39.97 47.47
Last 3 years 36000 58139 62584 33.81 39.50
Last 1 year 12000 13931 14053 31.27 33.33
Value Blend Growth Size
Large
Mid
Small
Investment Style
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : < Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Birla Mid Cap Fund - Growth CNX Midcap
CRISIL~CPR 2^^Birla Mid Cap Fund
Diversified Equity Scheme ( Schemes), 2 73 Yrs ended 31-Dec-07
#iiiValue Research Ratingi
Birla Mid Cap FundEquity: Diversified (203 Schemes), 5 Yrs ended 29-Feb-08
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
**Represents thinly traded/ non traded securities.
M a r c h 2 0 0 8
05
50.45
42.18
54.18
50.9048.40
34.42
48.7847.04
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
0.08%
2.16%
2.65%
2.89%
2.93%
3.20%
3.25%
3.45%
3.58%
3.83%
4.27%
4.32%
4.50%
5.51%
6.89%
9.26%
10.65%
11.76%
14.83%
Corporate Debt
Fertilisers
Pharmaceuticals
Cement
Industrial Products
Power
Finance
Diversified Industries
Chemicals
Textile Products
Media & Entertainment
Cash & Current Assets
Consumer Non Durables
Consumer Durables
Ferrous Metals
Construction
Other Equity
Industrial Capital Goods
Banks
*For direct application: Entry Load is Nil.
Birla Sun Life Frontline Equity Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 4807.76 13.74ICICI Bank Ltd. 1555.29 4.44ING Vysya Bank Ltd. 1129.92 3.23HDFC Bank Ltd. 610.45 1.74Central Bank of India 548.82 1.57Indian Overseas Bank 499.90 1.43Indian Bank 296.29 0.85Union Bank of India 167.09 0.48
Industrial Capital Goods 4626.87 13.22Crompton Greaves Ltd. 1367.95 3.91Bharat Heavy Electricals Ltd. 1003.01 2.87ABB Ltd. 642.85 1.84Thermax Ltd. 605.37 1.73AIA Engineering Ltd. 518.19 1.48Hindustan Dorr-Oliver Ltd. 489.51 1.40
Construction 3036.12 8.68Housing Development & Infrastructure Ltd 768.09 2.20Nagarjuna Construction Co. Ltd. 690.58 1.97Ansal Properties & Infrastructure Ltd. 409.85 1.17Hindustan Construction Co. Ltd. 399.11 1.14Madhucon Projects Ltd. 387.36 1.11Punj Lloyd Ltd. 381.13 1.09
Telecom-Services 2314.57 6.61Reliance Communications Ltd. 1640.93 4.69Bharti Airtel Ltd. 673.64 1.93
Consumer Non Durables 1928.79 5.51ITC Ltd. 1402.98 4.01
United Spirits Ltd. 525.81 1.50
Finance 1762.05 5.04Infrastructure Development Finance Co. Ltd. 585.45 1.67ICRA Ltd. 452.65 1.29India Infoline Ltd. 418.96 1.20McDowell Holdings Ltd. 192.00 0.55Indiabulls Securities Ltd. ** 112.99 0.32
Petroleum Products 1637.34 4.68Reliance Industries Ltd. 1637.34 4.68
Software 1576.72 4.51Satyam Computer Services Ltd. 526.39 1.50Infosys Technologies Ltd. 477.34 1.36Tata Consultancy Services Ltd. 390.07 1.11Tech Mahindra Ltd. 182.92 0.52
Auto 1454.57 4.16Maruti Suzuki India Ltd. 630.62 1.80Hero Honda Motors Ltd. 473.99 1.35Tata Motors Ltd. 349.96 1.00
Gas 1141.02 3.26GAIL (India) Ltd. 1141.02 3.26
Power 1108.03 3.17Reliance Energy Ltd. 680.40 1.94CESC Ltd. 427.62 1.22
Oil 1104.06 3.16Oil & Natural Gas Corporation Ltd. 1104.06 3.16
Ferrous Metals 828.08 2.37Sesa Goa Ltd. 828.08 2.37
Hotels 793.27 2.27Indian Hotels Co. Ltd. 728.93 2.08Indian Hotels Co. Ltd.(Rights) ** 64.34 0.18
Media & Entertainment 641.35 1.83Balaji Telefilms Ltd. 641.35 1.83
Chemicals 487.12 1.39Bombay Dyeing & Mfg. Co. Ltd. 487.12 1.39
Non - Ferrous Metals 418.68 1.20Sterlite Industries (India) Ltd. 418.68 1.20
Pharmaceuticals 284.67 0.81Wockhardt Ltd. 284.67 0.81
Industrial Products 250.94 0.72Kirloskar Oil Engines Ltd. 250.94 0.72
Fertilisers 120.58 0.34Gujarat Narmada Valley Fertilisers Co. Ltd. 120.58 0.34
Cash & Current Assets 4669.73 13.35
Total Net Asset 34992.31 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Frontline Equity Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : October 01, 2002
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE 200.
Investment Objective
Date of inception / takeover : August 30, 2002
Fund Manager : Mr. Mahesh Patil
NAV : Rs.
Growth : 68.74
Dividend : 24.14
Benchmark : BSE 200 Corpus : Rs. 349.92 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Frontline
Equity Fund
Birla Sun Life Frontline
Equity Fund
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 65000 178267 201010 38.02 42.79
Last 5 Years 60000 148643 165505 37.30 41.98
Last 3 years 36000 58881 62236 34.78 39.06
Last 1 year 12000 13743 13634 34.67 29.32
#iiiValue Research Ratingi
Birla Sun Life Frontline Equity FundEquity: Diversified ( Schemes), 5 203 Yrs ended 29-Feb-08
CRISIL~CPR 2^^Birla Sun Life Frontline Equity Fund
Large Cap Oriented Equity Scheme ( Schemes), 2 31 Yrs ended 31-Dec-07
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : < Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Birla SunLife Frontline Equity Fund - Growth BSE 200
% R
etu
rns
M a r c h 2 0 0 8
06
43.7541.32
45.92
41.9443.36
35.13
41.57
37.93
0
5
10
15
20
25
30
35
40
45
50
1 Year 3 Years 5 Years Since Inception
2.27%
2.37%
3.16%
3.17%
3.26%
4.16%
4.51%
4.68%
5.04%
5.51%
6.30%
6.61%
8.68%
13.22%
13.35%
13.74%
Hotels
Ferrous Metals
Oil
Power
Gas
Auto
Software
Petroleum Products
Finance
Consumer Non Durables
Other Equity
Telecom-Services
Construction
Industrial Capital Goods
Cash & Current Assets
Banks
**Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on February 29, 2008 is Rs. 18.13 Crores (Notional value).
*For direct application: Entry Load is Nil.
Birla Sun Life Frontline Equity FundCategory: Large Cap oriented Equity Fund
1 yr performance ended 31 Dec, ‘07 Total Schemes in Category = 22
Birla Sun Life Tax Relief '96An Open-ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of the tax free dividend declared.
Portfolio
Finance 8923.16 13.31
Housing Development Finance Corp. Ltd. 2802.70 4.18
ICRA Ltd. 2392.06 3.57
India Infoline Ltd. 1910.16 2.85
Reliance Capital Ltd. 1818.25 2.71
Banks 8464.38 12.62
ICICI Bank Ltd. 3829.23 5.71
HDFC Bank Ltd. 1962.16 2.93
ING Vysya Bank Ltd. 1951.77 2.91
Kotak Mahindra Bank Ltd. 721.22 1.08
Industrial Capital Goods 6498.78 9.69
Honeywell Automation India Ltd. 1750.11 2.61
Bharat Bijlee Ltd. 1714.32 2.56
Crompton Greaves Ltd. 1572.00 2.34
Siemens Ltd. 1462.35 2.18
Diversified Industries 6125.44 9.13
United Breweries Holdings Ltd. 4411.54 6.58
Aditya Birla Nuvo Ltd. 1713.90 2.56
Construction 5791.40 8.64
Larsen & Toubro Ltd. 4185.38 6.24
Punj Lloyd Ltd. 1133.70 1.69
Jaiprakash Associates Ltd. 472.32 0.70
Petroleum Products 4159.36 6.20
Reliance Industries Ltd. 4159.36 6.20
Power 4037.09 6.02
Reliance Energy Ltd. 3033.60 4.52
GVK Power & Infrastructure Ltd. 1003.50 1.50
Ferrous Metals 3215.13 4.79
Jindal Steel & Power Ltd. 3215.13 4.79
Hotels 2306.40 3.44
Asian Hotels Ltd. 1365.84 2.04
Taj GVK Hotels & Resorts Ltd. 940.55 1.40
Auto Ancillaries 2281.38 3.40
Bosch Limited. 1484.53 2.21
MRF Ltd. 796.84 1.19
Media & Entertainment 2085.28 3.11
Television Eighteen India Ltd. 2085.28 3.11
Magnasound India Ltd.** 0.00 0.00
Consumer Non Durables 2048.07 3.05
Shaw Wallace Company Ltd. 1272.73 1.90
Radico Khaitan Ltd 775.35 1.16
Auto 2019.62 3.01
Maruti Suzuki India Ltd. 1326.82 1.98
Mahindra & Mahindra Ltd. 692.80 1.03
Telecom-Services 1477.92 2.20
Bharti Airtel Ltd. 1114.56 1.66
Spice Communications Ltd. 363.36 0.54
Consumer Durables 1135.73 1.69
Blue Star Ltd. 1135.73 1.69
Pesticides 904.10 1.35
United Phosphorous Ltd. 904.10 1.35
Trading 712.20 1.06
Uniphos Enterprises Ltd. 712.20 1.06
Cash & Current Assets 4874.09 7.27
Total Net Asset 67059.52 100.00
** Represents thinly traded / non traded securities.
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Tax Relief '96...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : April 1, 1996
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities
Investment Objective
Date of inception / takeover : March 29, 1996
Fund Manager : Mr. Ajay Garg
NAV : Rs.
Growth : 128.07
Load Structure (Incl. for SIP):Entry Load* : < Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : NIL
Benchmark : BSE 200 Corpus : Rs. 670.60 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Tax
Relief '96
Birla Sun Life Tax
Relief '96
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 143000 633741 1963087 23.07 40.04
Last 5 years 60000 148643 162489 37.30 41.18
Last 3 years 36000 58881 62065 34.78 38.85
Last 1 year 12000 13743 13618 28.12 26.04
CRISIL~CPR 2^^Birla Sun Life Tax Relief '96
Equity Linked Savings Scheme (1 Schemes), 2 9 Yrs ended 31-Dec-07
Ranked 3rd among Top Performing Equity&Funds in the World by Lipper
Birla Sun Life Tax Relief '96Equity Funds (6302 funds), 10 yrs ended 31 Dec 07
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Birla SunLife Tax Relief 96 BSE 200
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
#iiiValue Research Ratingi
Birla Sun Life Tax Relief ‘96Equity: Tax Planning (30 Schemes), 5 Yrs ended 29-Feb-08
M a r c h 2 0 0 8
07
46.58
41.12
47.11
39.83
43.36
35.13
41.57
16.87
0
5
10
15
20
25
30
35
40
45
50
1 Year 3 Years 5 Years Since Inception
2.20%
3.01%
3.05%
3.11%
3.40%
3.44%
4.10%
4.79%
6.02%
6.20%
7.27%
8.64%
9.13%
9.69%
12.62%
13.31%
Telecom-Services
Auto
Consumer Non Durables
Media & Entertainment
Auto Ancillaries
Hotels
Other Equity
Ferrous Metals
Power
Petroleum Products
Cash & Current Assets
Construction
Diversified Industries
Industrial Capital Goods
Banks
Finance
*For direct application: Entry Load is Nil.
Birla Infrastructure Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 10804.34 18.78
Crompton Greaves Ltd. 2105.12 3.66
Bharat Heavy Electricals Ltd. 2005.92 3.49
Bharati Shipyard Ltd. 1671.06 2.91
Thermax Ltd. 1460.16 2.54
Suzlon Energy Ltd. 1125.20 1.96
Jyoti Structures Ltd. 876.52 1.52
Bharat Electronics Ltd. 872.43 1.52
ABB Ltd. 687.94 1.20
Construction 10047.12 17.47
Jaiprakash Associates Ltd. 1384.68 2.41
Madhucon Projects Ltd. 1351.43 2.35
Nagarjuna Construction Co. Ltd. 1346.55 2.34
Housing Development & Infrastructure Ltd 1190.33 2.07
Hindustan Construction Co. Ltd. 967.20 1.68
Larsen & Toubro Ltd. 915.50 1.59
GMR Infrastructure Ltd. 736.38 1.28
Simplex Infrastructures Ltd. 624.44 1.09
ITD Cementation India Ltd. 618.82 1.08
Ansal Properties & Infrastructure Ltd. 568.82 0.99
Gammon India Ltd. 342.96 0.60
Power 7740.02 13.46
KEC International Ltd. 1842.31 3.20
CESC Ltd. 1778.61 3.09
LANCO Infratech Ltd. 1345.11 2.34
Reliance Energy Ltd. 783.88 1.36
Kalpataru Power Transmission Ltd. 758.87 1.32
Power Grid Corporation of (I) Ltd. 617.51 1.07
GVK Power & Infrastructure Ltd. 613.72 1.07
Banks 5060.83 8.80
ICICI Bank Ltd. 2683.14 4.66
Central Bank of India 1380.67 2.40
South Indian Bank Ltd. 997.02 1.73
Industrial Products 3443.98 5.99
Kirloskar Oil Engines Ltd. 1230.95 2.14
Sintex Industries Ltd. 929.80 1.62
Finolex Cables Ltd. 886.00 1.54
Torrent Cables Ltd. 397.23 0.69
Ferrous Metals 3255.91 5.66
Sesa Goa Ltd. 1212.47 2.11
Jindal Steel & Power Ltd. 927.66 1.61
Arshiya International Ltd 491.55 0.85
Jindal Saw Ltd. 457.00 0.79
Maharashtra Seamless Ltd. 167.23 0.29
Telecom-Services 3034.16 5.28
Reliance Communications Ltd. 1520.21 2.64
Bharti Airtel Ltd. 1513.94 2.63
Oil 1669.31 2.90
Oil & Natural Gas Corporation Ltd. 1350.47 2.35
Great Offshore Ltd. 318.83 0.55
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Infrastructure Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : April 01, 2006
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end growth scheme with the objective to providing for medium to long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India.
Investment Objective
Date of inception / takeover : March 17, 2006
Fund Manager : Mr. Mahesh Patil
NAV : Rs.
Growth : 16.57
Dividend : 16.57
Benchmark :S&P CNX NIFTY Corpus : Rs. 575.18 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Infrastructure
Fund
Birla Infrastructure
Fund
S&P CNX NIFTY
S&P CNX NIFTY
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 23000 29783 30663 28.42 31.94
Last 1 year 12000 13506 13463 24.18 23.46
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : < Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
% R
etu
rns
Birla Infrastructure Fund - Growth S&P CNX Nifty
Cement 1572.90 2.73
India Cements Ltd 1101.45 1.91
Birla Corporation Ltd. 471.45 0.82
Finance 1229.45 2.14
Infrastructure Development Finance Co. Ltd 1229.45 2.14
Petroleum Products 1115.43 1.94
Reliance Industries Ltd. 1115.43 1.94
Gas 838.77 1.46
Gujarat Gas Co. Ltd. 838.77 1.46
Transportation 723.63 1.26
Gateway Distriparks Ltd. 723.63 1.26
Hotels 506.56 0.88
Taj GVK Hotels & Resorts Ltd. 506.56 0.88
Consumer Non Durables 175.13 0.30
Hindustan Sanitaryware & Industries Ltd. 175.13 0.30
Non - Ferrous Metals 89.74 0.16
Hindustan Zinc Ltd 89.74 0.16
Cash & Current Assets 6210.79 10.80
Total Net Asset 57518.06 100.00
M a r c h 2 0 0 8
08
45.58
29.45
39.34
27.77
0
5
10
15
20
25
30
35
40
45
50
1 Year Since Inception
Total outstanding exposure in derivatives as on February 29, 2008 is Rs 21.81 Crores (Notional value).
2.14%
2.73%
2.90%
5.28%
5.66%
5.99%
6.00%
8.80%
10.80%
13.46%
17.47%
18.78%
Finance
Cement
Oil
Telecom-Services
Ferrous Metals
Industrial Products
Other Equity
Banks
Cash & Current Assets
Power
Construction
Industrial Capital Goods
*For direct application: Entry Load is Nil.
Emerging Equity Fund of the Year
1 yr performance ended 31 Dec, ‘07. Total Schemes in Category = 14Birla Infrastructure Fund – Growth
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
Birla Sun Life Basic Industries Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 2413.53 14.99Crompton Greaves Ltd. 564.02 3.50Bharat Heavy Electricals Ltd. 498.53 3.10Bharati Shipyard Ltd. 472.39 2.93Thermax Ltd. 328.37 2.04Jyoti Structures Ltd. 254.22 1.58Voltamp Transformers Ltd. 196.99 1.22Suzlon Energy Ltd. 99.02 0.61
Petroleum Products 1916.50 11.90Reliance Industries Ltd. 712.89 4.43Apar Industries Ltd. 473.19 2.94Chennai Petroleum Corporation Ltd. 270.77 1.68Hindustan Petroleum Corporation Ltd. 190.56 1.18Indian Oil Corporation Ltd. 151.36 0.94Bharat Petroleum Corporation Ltd. 117.73 0.73
Ferrous Metals 1660.95 10.31Jindal Steel & Power Ltd. 553.14 3.43Jindal Saw Ltd. 441.45 2.74Monnet Ispat Ltd. 368.54 2.29JSW Steel Ltd. 297.82 1.85
Construction 1584.83 9.84Larsen & Toubro Ltd. 563.69 3.50Nagarjuna Construction Co. Ltd. 267.48 1.66Patel Engineering Ltd. 263.17 1.63Jaiprakash Associates Ltd. 262.40 1.63DLF Ltd. 142.45 0.88
Housing Development & Infrastructure Ltd 85.64 0.53
Banks 1432.29 8.89ICICI Bank Ltd. 712.36 4.42Bank of Baroda 365.75 2.27State Bank of India 179.32 1.11Indian Bank 168.42 1.05State Bank of India (Rights)** 6.44 0.04
Finance 1266.30 7.86Housing Development Finance Corp. Ltd. 538.12 3.34Infrastructure Development Finance Co. Ltd. 273.21 1.70Indiabulls Financial Services Ltd 184.53 1.15India Infoline Ltd. 167.56 1.04Indiabulls Securities Ltd.** 102.88 0.64
Oil 1102.94 6.85Great Offshore Ltd. 585.06 3.63Oil & Natural Gas Corporation Ltd. 346.73 2.15Cairn India Ltd. 171.15 1.06
Power 938.28 5.83Tata Power Company Ltd. 350.28 2.18Reliance Energy Ltd. 344.91 2.14Lanco Infratech Ltd. 243.10 1.51
Industrial Products 767.23 4.76Sintex Industries Ltd. 561.82 3.49TRF Ltd. 133.00 0.83
Carborundum Universal Ltd. 72.41 0.45
Cement 379.25 2.36Grasim Industries Ltd. 230.30 1.43India Cements Ltd 148.96 0.93
Gas 378.54 2.35BOC India Ltd. 378.54 2.35
MINERALS/MINING 300.86 1.87Gujarat NRE Coke Ltd 300.86 1.87
Fertilisers 207.35 1.29Gujarat Narmada Valley Fertilisers Co. Ltd. 207.35 1.29
Chemicals 174.79 1.09Bombay Dyeing & Mfg. Co. Ltd. 174.79 1.09
Textile Products 142.76 0.89Alok Industries Ltd. 142.76 0.89
Transportation 101.39 0.63Jet Airways (India) Ltd. 101.39 0.63
Cash & Current Assets 1335.47 8.29
Total Net Asset 16103.25 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Basic Industries Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : March 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes
are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate
of return)
A multi-sector open-end growth scheme with the objective of long term growth capital, through a portfolio with a target allocation of 100% equity, focusing on investing in companies sensitive to economic cycles andcommodity pricing cycles. The investments will be in companies which are often referred to as cyclical companies.
Investment Objective
Date of inception / takeover : January 15, 2000
Fund Manager : Mr. Ankit Sancheti
NAV : Rs.
Growth : 99.16
Dividend : 40.66
Benchmark : BSE 200 Corpus : Rs. 161.03 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Basic Indus-
tries Fund
Birla Sun Life Basic Indus-
tries Fund
BSE200
BSE200
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 96000 349087 562538 31.31 43.07
Last 5 years 60000 148643 169180 37.30 42.95
Last 3 years 36000 58881 61381 34.78 37.99
Last 1 year 12000 13743 14259 28.12 36.83
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Birla SunLife Basic Industries - Growth BSE 200
% R
etu
rns
Load Structure (Incl. for SIP)Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
CRISIL~CPR 2^^Birla Sun Life Basic Industries Fund
Diversified Equity Scheme 73 Yrs ended 31-Dec-07 ( Schemes), 2 for ranking methodology please refer page 43(Past performance is no guarantee of future results.)
M a r c h 2 0 0 8
09
54.60
38.52
52.67
32.61
43.36
35.13
41.57
17.09
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
** Represents thinly traded / non traded securities.
2.35%
2.36%
4.76%
5.76%
5.83%
6.85%
7.86%
8.29%
8.89%
9.84%
10.31%
11.90%
14.99%
Gas
Cement
Industrial Products
Other Equity
Power
Oil
Finance
Cash & Current Assets
Banks
Construction
Ferrous Metals
Petroleum Products
Industrial Capital Goods
*For direct application: Entry Load is Nil.
Birla India GenNext Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Consumer Non Durables 2599.45 19.81United Spirits Ltd. 848.08 6.46ITC Ltd. 486.58 3.71Glaxosmithkline Consumer Healthcare Ltd. 464.55 3.54Radico Khaitan Ltd 281.35 2.14Asian Paints (India) Ltd. 277.98 2.12Titan Industries Ltd. 215.61 1.64Champagne Indage Ltd. 25.31 0.19
Banks 2164.23 16.49Axis Bank Ltd. 815.00 6.21Federal Bank Ltd. 691.89 5.27Allahabad Bank 322.51 2.46ICICI Bank Ltd. 174.55 1.33Kotak Mahindra Bank Ltd. 160.27 1.22
Media & Entertainment 1279.54 9.75Television Eighteen India Ltd. 445.92 3.40Zee Entertainment Enterprises Ltd 361.80 2.76HT Media Ltd. 301.33 2.30Deccan Chronicle Holdings Ltd. 119.93 0.91Inox Leisure Ltd. 50.56 0.39
Finance 1175.93 8.96Housing Development Finance Corp. Ltd. 840.81 6.41India Infoline Ltd. 335.12 2.55
Hotels 823.92 6.28Country Club 619.17 4.72Taj GVK Hotels & Resorts Ltd. 204.76 1.56
Auto 726.49 5.54Maruti Suzuki India Ltd. 411.92 3.14Hero Honda Motors Ltd. 314.57 2.40
Software 630.89 4.81Everonn Systems India Ltd. 418.35 3.19Educomp Solutions Ltd. 212.54 1.62
Telecom-Services 517.28 3.94Reliance Communications Ltd. 517.28 3.94
Pharmaceuticals 509.25 3.88Sun Pharmaceutical Industries Ltd. 509.25 3.88
Retailing 400.64 3.05Pantaloon Retail (India) Ltd. 400.64 3.05
Textile Products 376.42 2.87Raymond Ltd. 376.42 2.87
Cement 367.70 2.80Orient Paper & Industries Ltd. 367.70 2.80
Trading 254.26 1.94Adani Enterprises Ltd. 254.26 1.94
Construction 216.14 1.65Unitech Ltd. 216.14 1.65
Transportation 186.79 1.42Jet Airways (India) Ltd. 186.79 1.42
Cash & Current Assets 892.41 6.80
Total Net Asset 13121.33 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla India GenNext Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : September 1, 2005
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to target growth of capital by investing in equity/equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation (Generation Next). The scheme
will invest in companies that have the following characteristics: 1. Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand identity, thereby enabling choice.
Investment ObjectiveInvestment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla India GenNext
Fund
Birla India GenNext
Fund
S&P CNX NIFTY
S&P CNX NIFTY
Since Inception 30000 43307 40605 31.07 25.24
Last 1 year 12000 13506 12865 24.18 13.69Date of inception / takeover : August 05, 2005
Fund Manager : Mr. Sanjay Chawla & Mr. A. Balasubramaniam
NAV : Rs.
Growth : 19.68
Dividend : 17.37
Benchmark : S&P CNX NIFTY Corpus : Rs. 131.21 Crores
Value Blend Growth Size
Large
Mid
Small
Investment Style
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : < Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Birla India GenNext Fund - Growth S&P CNX Nifty
% R
etu
rns
M a r c h 2 0 0 8
10
29.98 30.14
39.34
36.20
0
5
10
15
20
25
30
35
40
45
1 Year Since Inception
2.80%
2.87%
3.05%
3.88%
3.94%
4.81%
5.01%
5.54%
6.28%
6.80%
8.96%
9.75%
16.49%
19.81%
Cement
Textile Products
Retailing
Pharmaceuticals
Telecom-Services
Software
Other Equity
Auto
Hotels
Cash & Current Assets
Finance
Media & Entertainment
Banks
Consumer Non Durables
*For direct application: Entry Load is Nil.
As on 29th February, 2008
Birla Advantage Fund
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Construction 6349.69 12.44Housing Development & Infrastructure Ltd 1776.93 3.48Larsen & Toubro Ltd. 1268.30 2.49Jaiprakash Associates Ltd. 1150.62 2.25Punj Lloyd Ltd. 1058.12 2.07Akruti City Ltd. 563.68 1.10Hindustan Construction Co. Ltd. 532.05 1.04Dharti Dredging & Construction Ltd.** 0.00 0.00
Banks 5928.50 11.62Axis Bank Ltd. 1244.90 2.44State Bank of India 1054.85 2.07State Bank of India (Rights) 46.00 0.09HDFC Bank Ltd. 1047.94 2.05ICICI Bank Ltd. 872.76 1.71Industrial Development Bank of India Ltd 829.15 1.62Bank of India 477.75 0.94Allahabad Bank 238.35 0.47Canara Bank 116.80 0.23
Ferrous Metals 5016.34 9.83Jindal Steel & Power Ltd. 2304.75 4.52Welspun Gujarat Stahl Rohren Ltd. 2224.27 4.36Jai Corp Ltd. 487.32 0.95
Industrial Capital Goods 4926.37 9.65Bharat Heavy Electricals Ltd. 1563.17 3.06Thermax Ltd. 1279.78 2.51Bharat Electronics Ltd. 1236.34 2.42Bharati Shipyard Ltd. 847.09 1.66
Consumer Non Durables 4286.21 8.40United Spirits Ltd. 2014.18 3.95
Balrampur Chini Mills Ltd. 1029.60 2.02ITC Ltd. 788.39 1.54Eveready Industries India Ltd. 454.05 0.89
Finance 3402.77 6.67Reliance Capital Ltd. 1090.95 2.14India Infoline Ltd. 835.37 1.64Indiabulls Financial Services Ltd 630.48 1.24ICRA Ltd. 476.29 0.93Indiabulls Securities ** 369.68 0.72
Petroleum Products 2360.67 4.63Indian Oil Corporation Ltd. 1205.29 2.36Reliance Industries Ltd. 1155.38 2.26
Telecom-Services 2334.56 4.57Reliance Communications Ltd. 1839.20 3.60Bharti Airtel Ltd. 495.36 0.97
Diversified Industries 1978.77 3.88Aditya Birla Nuvo Ltd. 1371.12 2.69United Breweries Holdings Ltd. 607.65 1.19
Power 1718.49 3.37Reliance Energy Ltd. 1019.04 2.00GVK Power & Infrastructure Ltd. 401.60 0.79Reliance Power Ltd. 297.85 0.58
Non - Ferrous Metals 1564.85 3.07Hindalco Industries Ltd. 1564.85 3.07
Software 1407.29 2.76Subex Ltd. 624.79 1.22
Wipro Ltd. 517.67 1.01Satyam Computer Services Ltd. 264.83 0.52
Media & Entertainment 949.98 1.86Television Eighteen India Ltd. 681.51 1.34Adlabs Films Ltd. 268.46 0.53
Gas 697.29 1.37GAIL (India) Ltd. 697.29 1.37
Pharmaceuticals 688.33 1.35Glenmark Pharmaceuticals Ltd. 688.33 1.35
Cement 614.34 1.20Century Textile & Industries Ltd. 614.34 1.20
Transportation 514.33 1.01Mundra Port and Special Economic Zone Ltd 514.33 1.01
Hotels 443.17 0.87Indian Hotels Co. Ltd. 407.23 0.80Indian Hotels Co. Ltd (Rights) ** 35.95 0.07
Chemicals 439.93 0.86Bombay Dyeing & Mfg. Co. Ltd. 439.93 0.86
Cash & Current Assets 5407.68 10.60
Total Net Asset 51029.55 100.00
**Represents thinly traded/ non traded securities. Total outstanding exposure in derivatives as on February 29, 2008 is Rs 6.31 Crores (Notional value).
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Advantage Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : March 01, 1995
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk through a diversified research based investment approach.
Investment Objective
Date of inception / takeover : February 24, 1995
Fund Manager : Mr. A. Balasubramaniam
NAV : Rs.
Growth : 152.35
Dividend : 109.32
Benchmark : BSE Sensex Corpus : Rs. 510.30 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Advantage
Fund
Birla Advantage
Fund
BSESensex
BSESensex
Since Inception 156000 622061 1203467 19.55 28.41
Last 5 years 60000 149044 145146 37.42 36.27
Last 3 years 36000 58556 53573 34.35 27.65
Last 1 year 12000 13349 12761 21.59 12.02
Value Blend Growth Size
Large
Mid
Small
Investment Style
Birla Advantage Fund - Growth BSE Sensex
% R
etu
rns
Load Structure (Incl. for SIP)Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
M a r c h 2 0 0 8
11
28.60
32.61
44.73
25.05
35.7537.79
39.82
13.31
0
5
10
15
20
25
30
35
40
45
50
1 Year 3 Years 5 Years Since Inception
2.76%
3.07%
3.37%
3.88%
4.57%
4.63%
6.67%
8.40%
8.52%
9.65%
9.83%
10.60%
11.62%
12.44%
Software
Non - Ferrous Metals
Power
Diversified Industries
Telecom-Services
Petroleum Products
Finance
Consumer Non Durables
Other Equity
Industrial Capital Goods
Ferrous Metals
Cash & Current Assets
Banks
Construction
*For direct application: Entry Load is Nil.
Birla Equity PlanAn Open-ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 2244.03 13.84Federal Bank Ltd. 593.90 3.66Indian Bank 453.21 2.79Punjab National Bank 389.37 2.40Indian Overseas Bank 311.21 1.92HDFC Bank Ltd. 276.16 1.70State Bank of India 210.97 1.30State Bank of India (Rights) 9.20 0.06
Ferrous Metals 1221.76 7.53Welspun Gujarat Stahl Rohren Ltd. 660.68 4.07Tata Steel Ltd. 561.09 3.46
Auto 1021.55 6.30Maruti Suzuki India Ltd. 600.97 3.71Bajaj Auto Ltd. 228.02 1.41Tata Motors Ltd. 192.57 1.19
Industrial Products 1017.12 6.27TRF Ltd. 637.52 3.93Kirloskar Oil Engines Ltd. 379.60 2.34
Petroleum Products 804.42 4.96Reliance Industries Ltd. 491.65 3.03Bharat Petroleum Corporation Ltd. 312.77 1.93
Power 772.84 4.77Tata Power Company Ltd. 490.39 3.02NTPC Ltd. 282.45 1.74
Construction 752.88 4.64Larsen & Toubro Ltd. 483.01 2.98
JMC Projects India Ltd. 176.90 1.09Gammon India Ltd. 92.97 0.57
Auto Ancillaries 751.70 4.63Goodyear India Ltd. 397.84 2.45Automobile Corporation of Goa Ltd. 353.87 2.18
Pharmaceuticals 740.46 4.57Sun Pharmaceutical Industries Ltd. 497.35 3.07Dishman Pharmaceuticals & Chemicals Ltd. 243.11 1.50
Chemicals 730.89 4.51Godrej Industries Ltd. 636.67 3.93Solar Explosives Ltd. 94.22 0.58
Finance 604.47 3.73Infrastructure Development Finance Co. Ltd 507.39 3.13Power Finance Corporation Ltd 97.08 0.60
Industrial Capital Goods 581.59 3.59Bharat Bijlee Ltd. 401.95 2.48Bharat Earth Movers Ltd. 179.64 1.11
Consumer Non Durables 532.98 3.29Ruchi Soya Industries Ltd. 286.15 1.76Tata Tea Ltd. 246.83 1.52
Diversified Industries 514.17 3.17Aditya Birla Nuvo Ltd. 514.17 3.17
Telecom-Services 474.17 2.92Reliance Communications Ltd. 474.17 2.92
Media & Entertainment 422.10 2.60Zee Entertainment Enterprises Ltd 422.10 2.60
Fertilisers 294.14 1.81Tata Chemicals Ltd. 294.14 1.81
Gas 284.67 1.76Gujarat Gas Co. Ltd. 284.67 1.76
Textiles-Synthetic 275.06 1.70Arvind Mills Ltd. 275.06 1.70
Retailing 264.18 1.63Pantaloon Retail (India) Ltd. 264.18 1.63
Transportation 262.48 1.62Mundra Port and Special Economic Zone Ltd 262.48 1.62
Hotels 238.54 1.47Taj GVK Hotels & Resorts Ltd. 238.54 1.47
Software 188.96 1.17Mphasis Ltd. 188.96 1.17
Cash & Current Assets 1222.67 7.54
Total Net Asset 16217.82 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Equity Plan…
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : March 01,1999
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment.
Investment Objective
Date of inception / takeover : February 16, 1999
Fund Manager : Mr. Sanjay Chawla
NAV : Rs.
Growth* : 13.64
Dividend : 71.79
*Introduced with effect from 1st Oct, 2006
Load Structure (Incl. for SIP):Entry Load* : < Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : NIL
Benchmark : BSE Sensex Corpus : Rs. 162.18 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Equity Plan
Birla Equity Plan
BSESensex
BSESensex
Since Inception 108000 374503 579585 26.42 35.65
Last 5 years 60000 149044 161815 37.42 41.00
Last 3 years 36000 58556 54635 34.35 29.11
Last 1 year 12000 13349 12745 21.59 11.77
Value Blend Growth Size
Large
Mid
Small
Investment Style
#iiiiValue Research Rating
Birla Equity PlanEquity: Tax Planning ( Schemes), 5 30 Yrs ended 29-Feb-08
Birla Equity Plan - Dividend BSE Sensex
for ranking methodology please refer page 43(Past performance is no guarantee of future results.)
% R
etu
rns
M a r c h 2 0 0 8
12
32.11
35.91
52.82
32.14
35.7537.79
39.82
20.15
0
10
20
30
40
50
60
1 Year 3 Years 5 Years Since Inception
2.60%
2.92%
3.17%
3.29%
3.59%
3.73%
4.51%
4.57%
4.63%
4.64%
4.77%
4.96%
6.27%
6.30%
7.53%
7.54%
11.15%
13.84%
Media & Entertainment
Telecom-Services
Diversified Industries
Consumer Non Durables
Industrial Capital Goods
Finance
Chemicals
Pharmaceuticals
Auto Ancillaries
Construction
Power
Petroleum Products
Industrial Products
Auto
Ferrous Metals
Cash & Current Assets
Other Equity
Banks
*For direct application: Entry Load is Nil.
Birla Index Fund
As on 29th February, 2008
Portfolio
Petroleum Products 459.47 12.86Reliance Industries Ltd. 362.42 10.14Reliance Petroleum Ltd. 80.12 2.24Bharat Petroleum Corporation Ltd. 16.92 0.47
Telecom-Services 322.77 9.03Bharti AirTel Ltd. 158.79 4.44Reliance Communications Ltd. 119.87 3.35Idea Cellular Ltd. 29.33 0.82Tata Communications Ltd. 14.78 0.41
Banks 309.53 8.66ICICI Bank Ltd. 121.27 3.39State Bank of India 111.60 3.12HDFC Bank Ltd. 52.28 1.46Punjab National Bank 19.25 0.54State Bank of India (Rights) 5.12 0.14
Software 289.54 8.10Infosys Technologies Ltd. 89.58 2.51Tata Consultancy Services Ltd. 86.99 2.43Wipro Ltd. 64.67 1.81Satyam Computer Services Ltd. 29.56 0.83HCL Technologies Ltd. 18.74 0.52
Oil 261.28 7.31Oil and Natural Gas Corporation Ltd. 220.16 6.16Cairn India Ltd. 41.12 1.15
Power 237.08 6.63NTPC Ltd. 168.60 4.72
Reliance Energy Ltd. 37.59 1.05Tata Power Company Ltd. 30.90 0.86
Industrial Capital Goods 208.92 5.85Bharat Heavy Electricals Ltd. 113.40 3.17Suzlon Energy Ltd. 42.73 1.20Seimens Ltd. 27.98 0.78ABB Ltd. 24.82 0.69
Ferrous Metals 176.33 4.93Steel Authority of India Ltd. 106.31 2.97Tata Steel Ltd. 61.96 1.73Tata Steel Limited (CCPS) 8.06 0.23
CONSTRUCTION 163.33 4.57Larsen & Toubro Ltd. 104.09 2.91Unitech Ltd. 59.24 1.66
Consumer Durables 127.61 3.57ITC Ltd. 77.18 2.16Hindustan Unilever Ltd. 50.43 1.41
Non-Ferrous Metals 115.46 3.23Sterlite Industries (India) Ltd. 60.01 1.68National Aluminium Company Ltd. 30.28 0.85Hindalco Industries Ltd. 25.17 0.70
Auto 108.67 3.04Tata Motors Ltd. 27.24 0.76Maruti Udyog Ltd. 25.31 0.71Bajaj Auto Ltd. 23.48 0.66
Mahindra & Mahindra Ltd. 17.14 0.48Hero Honda Motors Ltd. 15.50 0.43
Finance 79.70 2.23Housing Development Finance Corp. Ltd. 79.70 2.23
Pharmaceuticals 77.79 2.18Sun Pharmaceutical Industries Ltd. 24.93 0.70Ranbaxy Laboratories Ltd. 16.87 0.47Cipla Ltd. 16.43 0.46Dr. Reddys Laboratories Ltd. 10.05 0.28GlaxoSmithKline Pharmaceuticals Ltd. 9.51 0.27
Cement 60.62 1.70Grasim Industries Ltd. 26.88 0.75Gujarat Ambuja Cements Ltd. 18.61 0.52The Associated Cement Companies Ltd. 15.13 0.42
Gas 36.19 1.01GAIL India Ltd. 36.19 1.01
Media & Entertainment 10.68 0.30Zee Entertainment Enterprises Ltd. 10.68 0.30
Cash & Current Assets 529.25 14.81
Total Net Asset 3574.22 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Total outstanding exposure in derivatives as on February 29, 2008 is Rs 5.18 Crores (Notional value).
Asset AllocationInvestment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Birla Index Fund - Growth S&P CNX Nifty
% R
etu
rns
An Open-ended index-linked growth scheme with the objective to generate returns commensurate with the performance of Nifty subject to tracking errors.
Investment Objective
Date of inception / takeover : September 18, 2002
Fund Manager : Mr. Ajay Garg
NAV : Rs.
Growth : 53.18
Dividend : 20.58
Load Structure (Incl. for SIP) Entry Load* : NilExit Load : Nil
Benchmark : S & P CNX Nifty Corpus : Rs. 35.74 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style
Systematic Investment Plan (SIP)
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Index Fund…
Date of First Installment : October 1, 2002
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Index Fund
Birla Index Fund
S&P CNX NIFTY
S&P CNX NIFTY
Since Inception 65000 168645 166852 35.84 35.42
Last 5 years 60000 143097 141530 35.66 35.18
Last 3 years 36000 58182 57894 33.86 33.48
Last 1 year 12000 13506 13598 24.18 25.70
M a r c h 2 0 0 8
13
39.25
35.2237.28
35.87
39.34
35.3837.44
35.83
0
5
10
15
20
25
30
35
40
45
1 Year 3 Years 5 Years Since Inception
2.18%
2.23%
3.01%
3.04%
3.23%
3.57%
4.57%
4.93%
5.85%
6.63%
7.31%
8.10%
8.66%
9.03%
12.86%
14.81%
Pharmaceuticals
Finance
Other Equity
Auto
Non-Ferrous Metals
Consumer Durables
Construction
Ferrous Metals
Industrial Capital Goods
Power
Oil
Software
Banks
Telecom-Services
Petroleum Products
Cash & Current Assets
*For direct application: Entry Load is Nil.
Birla Sun Life New Millennium Fund
As on 29th February, 2008
A multi-sector open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies.
Investment Objective
Date of inception / takeover : January 15, 2000
Fund Manager : Mr. Atul Penkar
NAV : Rs.
Growth : 19.95
Dividend : 17.01
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
Benchmark : BSE Teck Corpus : Rs. 92.93 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life New Millennium Fund...
Systematic Investment Plan (SIP)
Date of First Installment : March 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life New Millenn-
ium Fund
Birla Sun Life New Millenn-
ium Fund
BSE Teck BSE Teck
Since Inception 96000 223933 278867 20.57 25.86
Last 5 years 60000 117057 132783 27.12 32.45
Last 3 years 36000 43885 47775 13.32 19.30
Last 1 year 12000 10622 11238 -20.65 -11.61
CRISIL~CPR 2^^Birla Sun Life New Millennium Fund
Sectoral IT Scheme 7 Yrs ended 31-Dec-07 ( Schemes), 2
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
Portfolio
Software 4427.31 47.64
Satyam Computer Services Ltd. 695.51 7.48
Infosys Technologies Ltd. 541.40 5.83
Tata Consultancy Services Ltd. 524.58 5.64
Educomp Solutions Ltd. 475.12 5.11
Megasoft Ltd. 452.24 4.87
3i Infotech Ltd. 337.50 3.63
Tanla Solutions Ltd. 279.49 3.01
I-Flex Solutions Ltd. 266.85 2.87
Infotech Enterprises Ltd. 252.13 2.71
Mphasis Ltd. 178.52 1.92
Subex Ltd. 173.77 1.87
HCL Technologies Ltd. 147.13 1.58
Allsec Technologies Ltd. 56.41 0.61
Saksoft Ltd. 46.68 0.50
Media & Entertainment 2626.22 28.26
Zee Entertainment Enterprises Ltd 542.70 5.84
Jagran Prakashan Ltd. 391.54 4.21
UTV Software Communications Ltd. 344.25 3.70
Television Eighteen India Ltd. 308.88 3.32
Balaji Telefilms Ltd. 273.30 2.94
PVR Ltd. 263.43 2.83
Deccan Chronicle Holdings Ltd. 255.84 2.75
New Delhi Television India Ltd. 246.28 2.65
Magnasound India Ltd.** 0.00 0.00
Telecom-Services 1168.87 12.58
Reliance Communications Ltd. 632.23 6.80
Bharti Airtel Ltd. 536.64 5.77
Hardware 772.80 8.32
Allied Digital Services Ltd. 669.44 7.20
HCL Infosystems Ltd. 103.36 1.11
Cash & Current Assets 298.02 3.21
Total Net Asset 9293.22 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Asset AllocationInvestment Performance
Past performance may or may not be sustained in future. 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.
Birla SunLife New Millennium Fund - Growth BSE Teck
% R
etu
rns
M a r c h 2 0 0 8
14
-0.55
28.76
37.72
8.87
-5.62
22.71
31.37
-10
-5
0
5
10
15
20
25
30
35
40
1 Year
3 Years 5 Years Since Inception
**Represents thinly traded/non traded securities.
3.21%
8.32%
12.58%
28.26%
47.64%
Cash & Current Assets
Hardware
Telecom-Services
Media & Entertainment
Software
*For direct application: Entry Load is Nil.
Birla Top 100 Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Banks 5608.79 13.31ICICI Bank Ltd. 1800.07 4.27State Bank of India 926.35 2.20Axis Bank Ltd. 891.41 2.12Bank of India 798.46 1.89Oriental Bank of Commerce 790.97 1.88Bank of Baroda 365.75 0.87State Bank of India (Rights) 35.79 0.08
Industrial Capital Goods 4837.31 11.48Bharat Heavy Electricals Ltd. 2190.72 5.20Crompton Greaves Ltd. 708.26 1.68ABB Ltd. 693.72 1.65Suzlon Energy Ltd. 646.99 1.54Bharat Electronics Ltd. 597.61 1.42
Construction 3912.69 9.28IVRCL Infrastructures & Projects Ltd. 740.28 1.76Larsen & Toubro Ltd. 694.04 1.65Jaiprakash Associates Ltd. 656.00 1.56Housing Development & Infrastructure Ltd 550.63 1.31DLF Ltd. 542.48 1.29Punj Lloyd Ltd. 377.90 0.90Nagarjuna Construction Co. Ltd. 351.36 0.83
Petroleum Products 3318.64 7.88Reliance Industries Ltd. 3318.64 7.88
Telecom-Services 2836.10 6.73Reliance Communications Ltd. 1556.42 3.69Bharti Airtel Ltd. 1279.68 3.04
Consumer Non Durables 2698.05 6.40ITC Ltd. 1059.27 2.51United Spirits Ltd. 848.08 2.01Balrampur Chini Mills Ltd. 408.02 0.97Titan Industries Ltd. 382.69 0.91
Ferrous Metals 2491.92 5.91Tata Steel Ltd. 889.72 2.11Sesa Goa Ltd. 831.41 1.97Welspun Gujarat Stahl Rohren Ltd. 770.79 1.83
Power 2083.18 4.94NTPC Ltd. 736.39 1.75CESC Ltd. 730.42 1.73Reliance Energy Ltd. 533.04 1.26Jyoti Structures Ltd. 83.34 0.20
Cement 1705.74 4.05Grasim Industries Ltd. 866.54 2.06India Cements Ltd 839.20 1.99
Oil 1464.83 3.48Oil & Natural Gas Corporation Ltd. 1135.86 2.70Aban Offshore Ltd. 328.98 0.78
Finance 1149.11 2.73Housing Development Finance Corp. Ltd. 1149.11 2.73
Software 1136.45 2.70Infosys Technologies Ltd. 680.61 1.62Subex Ltd. 455.84 1.08
Industrial Products 950.26 2.26Sintex Industries Ltd. 950.26 2.26
Consumer Durables 873.51 2.07Voltas Ltd. 873.51 2.07
Transportation 798.98 1.90Great Eastern Shipping Company Ltd. 798.98 1.90
Auto Ancillaries 794.76 1.89Bosch Limited. 794.76 1.89
Auto 630.23 1.50Tata Motors Ltd. 630.23 1.50
Trading 509.87 1.21Adani Enterprises Ltd. 509.87 1.21
Pharmaceuticals 453.58 1.08Sun Pharmaceutical Industries Ltd. 453.58 1.08
Gas 422.60 1.00GAIL (India) Ltd. 422.60 1.00
Media & Entertainment 228.77 0.54Television Eighteen India Ltd. 228.77 0.54
Cash & Current Assets 3233.95 7.67
Total Net Asset 42139.29 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Top 100 Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : November 1, 2005
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-ended growth scheme with the objective to provide medium to longterm cap i t a l app rec i a t i on , by i nves t i ng predominantly in a diversified portfolio of equity and equity related securities of top 100 companies as measured by market capitalization.
Investment Objective
Date of inception / takeover : October 24, 2005
Fund Manager : Mr. Ajay Argal
NAV : Rs.
Growth : 19.14
Dividend : 17.36
Benchmark : S & P CNX Nifty Corpus : Rs. 421.39 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Top 100
Fund
Birla Top 100
Fund
S&P CNX NIFTY
S&P CNX NIFTY
Since Inception 28000 39150 35887 30.38 21.99
Last 1 year 12000 13506 12768 24.18 12.13
Value Blend Growth Size
Large
Mid
Small
Investment Style
Load Structure (Incl. for SIP):Entry Load* :< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : < Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Birla Top 100 Fund - Growth S&P CNX Nifty
% R
etu
rns
M a r c h 2 0 0 8
15
28.59
31.82
39.34 39.34
0
5
10
15
20
25
30
35
40
45
1 Year Since Inception
2.07%
2.26%
2.70%
2.73%
3.48%
4.05%
4.94%
5.91%
6.40%
6.73%
7.67%
7.88%
9.11%
9.28%
11.48%
13.31%
Consumer Durables
Industrial Products
Software
Finance
Oil
Cement
Power
Ferrous Metals
Consumer Non Durables
Telecom-Services
Cash & Current Assets
Petroleum Products
Other Equity
Construction
Industrial Capital Goods
Banks
*For direct application: Entry Load is Nil.
Birla Sun Life Buy India Fund
As on 29th February, 2008
Asset AllocationInvestment Performance
Past performance may or may not be sustained in future. 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.
Birla SunLife Buy India Fund - Growth BSE 200
% R
etu
rns
Portfolio
Consumer Non Durables 1333.47 22.86Tata Tea Ltd. 329.10 5.64United Spirits Ltd. 326.68 5.60E.I.D. Parry (India) Ltd. 314.74 5.40Shaw Wallace Company Ltd. 196.11 3.36Radico Khaitan Ltd 166.85 2.86
Pharmaceuticals 1037.74 17.79Sun Pharmaceutical Industries Ltd. 441.32 7.57Pfizer Ltd. 272.64 4.67Aventis Pharma Ltd. 166.80 2.86Glaxosmithkline Pharmaceuticals Ltd. 156.98 2.69
Media & Entertainment 808.50 13.86UTV Software Communications Ltd. 326.92 5.60PVR Ltd. 168.81 2.89Television Eighteen India Ltd. 167.63 2.87Adlabs Films Ltd. 145.14 2.49
Magnasound India Ltd.** 0.00 0.00
Hotels 428.73 7.35Taj GVK Hotels & Resorts Ltd. 233.42 4.00Asian Hotels Ltd. 195.32 3.35
Telecom-Services 406.83 6.97Bharti Airtel Ltd. 222.91 3.82Reliance Communications Ltd. 183.92 3.15
Pesticides 328.31 5.63Rallis India Ltd. 328.31 5.63
Diversified Industries 324.08 5.56United Breweries Holdings Ltd. 324.08 5.56
Auto 320.86 5.50Maruti Suzuki India Ltd. 320.86 5.50
Finance 280.27 4.80Housing Development Finance Corporation Ltd. 280.27 4.80
Banks 245.46 4.21ICICI Bank Ltd. 245.46 4.21
Gas 227.24 3.90Indraprastha Gas Ltd. 227.24 3.90
Retailing 0.00 0.00Trent Ltd. - Warrants** 0.00 0.00
Cash & Current Assets 91.85 1.57
Total Net Asset 5833.36 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
**Represents thinly traded/non traded securities.
A multi-sector open-end growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in businesses that are driven by India's large population and inherent consumption patterns. The focus of the scheme will be in the consumer and healthcare sectors.
Investment Objective
Date of inception / takeover : January 15, 2000
Fund Manager : Mr. Ajay Garg
NAV : Rs.
Growth : 30.82
Dividend : 21.65
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
Benchmark : BSE 200 Corpus : Rs. 58.33 Crores
Investment Style Box
Value Blend Growth Size
Large
Mid
Small
Investment Style SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life Buy India Fund...
Systematic Investment Plan (SIP)
Date of First Installment : March 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life Buy India
Fund
Birla Sun Life Buy India
Fund
BSE 200 BSE 200
Since Inception 96000 349087 355862 31.31 31.78
Last 5 years 60000 148643 149314 37.30 37.50
Last 3 years 36000 58881 48479 34.78 20.35
Last 1 year 12000 13743 12370 28.12 5.80
M a r c h 2 0 0 8
16
15.73
33.65
47.40
14.85
43.36
35.13
41.57
17.09
0
5
10
15
20
25
30
35
40
45
50
1 Year 3 Years 5 Years Since Inception
1.57%
3.90%
4.21%
4.80%
5.50%
5.56%
5.63%
6.97%
7.35%
13.86%
17.79%
22.86%
Cash & Current Assets
Gas
Banks
Finance
Auto
Diversified Industries
Pesticides
Telecom-Services
Hotels
Media & Entertainment
Pharmaceuticals
Consumer Non Durables
*For direct application: Entry Load is Nil.
Birla MNC Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 2432.03 14.55
Siemens Ltd. 675.83 4.04
Areva T&D India Ltd. 646.03 3.86
ABB Ltd. 578.10 3.46
Honeywell Automation India Ltd. 532.08 3.18
Pharmaceuticals 2293.26 13.72
Pfizer Ltd. 832.30 4.98
Fulford (India) Ltd. 534.34 3.20
Glaxosmithkline Pharmaceuticals Ltd. 499.23 2.99
Wyeth Ltd. 427.39 2.56
Banks 2243.27 13.42
ING Vysya Bank Ltd. 1588.95 9.51
Yes Bank Ltd. 654.32 3.91
Consumer Non Durables 2101.15 12.57
Glaxosmithkline Consumer Healthcare Ltd. 607.25 3.63
ITC Ltd. 606.45 3.63
Colgate-Palmolive (India) Ltd. 521.50 3.12
Kansai Nerolac Paints Ltd. 365.95 2.19
Finance 1559.89 9.33
CRISIL Ltd. 880.80 5.27
ICRA Ltd. 679.10 4.06
Gas 1045.87 6.26
Gujarat Gas Co. Ltd. 729.57 4.36
BOC India Ltd. 316.30 1.89
Ferrous Metals 1039.26 6.22
Sesa Goa Ltd. 1039.26 6.22
Industrial Products 1012.37 6.06
Cummins India Ltd. 793.24 4.75
Fag Bearings India Ltd. 219.13 1.31
Auto 780.48 4.67
Maruti Suzuki India Ltd. 780.48 4.67
Telecom-Services 743.04 4.44
Bharti Airtel Ltd. 743.04 4.44
Auto Ancillaries 681.80 4.08
Sundaram-Clayton Ltd. 504.90 3.02
Federal Mogul Goetze (India) Ltd. 176.90 1.06
Construction 431.69 2.58
ITD Cementation India Ltd. 431.69 2.58
Cement 146.89 0.88
Mysore Cements Ltd. 146.89 0.88
Cash & Current Assets 205.96 1.23
Total Net Asset 16716.96 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla MNC Fund…
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : January 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach.
Investment Objective
Date of inception / takeover : December 27, 1999
Fund Manager : Mr. A. Balasubramaniam
NAV : Rs.
Growth : 131.09
Dividend : 65.71
Benchmark : S & P CNX MNC Corpus : Rs. 167.17 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla MNCFund
Birla MNCFund
S&P CNX MNC
S&P CNX MNC
Since Inception 98000 216536 290839 18.83 25.78
Last 5 years 60000 111177 117376 24.96 27.23
Last 3 years 36000 47412 45616 18.76 16.02
Last 1 year 12000 12147 12107 2.29 1.67
Value Blend Growth Size
Large
Mid
Small
Investment Style
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Birla MNC Fund - Growth S&P CNX MNC
% R
etu
rns
Load Structure (Incl. for SIP)Entry Load* : < Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load : £ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
M a r c h 2 0 0 8
17
10.92
24.34
35.30
16.3617.25
27.7326.59
9.77
0
5
10
15
20
25
30
35
40
1 Year 3 Years 5 Years Since Inception
0.88%
1.23%
2.58%
4.08%
4.44%
4.67%
6.06%
6.22%
6.26%
9.33%
12.57%
13.42%
13.72%
14.55%
Other Equity
Cash & Current Assets
Construction
Auto Ancillaries
Telecom-Services
Auto
Industrial Products
Ferrous Metals
Gas
Finance
Consumer Non Durables
Banks
Pharmaceuticals
Industrial Capital Goods
*For direct application: Entry Load is Nil.
Birla India Opportunities Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Industrial Capital Goods 1455.52 21.34Crompton Greaves Ltd. 386.01 5.66Honeywell Automation India Ltd. 268.85 3.94AIA Engineering Ltd. 268.32 3.93Suzlon Energy Ltd. 196.91 2.89Bharat Electronics Ltd. 174.49 2.56ABB Ltd. 160.94 2.36
Software 999.07 14.65Satyam Computer Services Ltd. 434.15 6.37Infotech Enterprises Ltd. 205.50 3.01I-Flex Solutions Ltd. 161.31 2.37HCL Technologies Ltd. 151.44 2.22Saksoft Ltd. 46.68 0.68
Ferrous Metals 585.17 8.58Welspun Gujarat Stahl Rohren Ltd. 308.32 4.52Sesa Goa Ltd. 138.57 2.03Jindal Steel & Power Ltd. 138.29 2.03
Textile Products 544.58 7.98Raymond Ltd. 369.82 5.42Alok Industries Ltd. 174.76 2.56
Telecom-Services 433.94 6.36Reliance Communications Ltd. 433.94 6.36
Industrial Products 336.17 4.93Sintex Industries Ltd. 232.45 3.41Everest Kanto Cylinder Ltd. 103.72 1.52
Petroleum Products 323.26 4.74Reliance Industries Ltd. 323.26 4.74
Consumer Durables 295.51 4.33Voltas Ltd. 295.51 4.33
Diversified Industries 287.11 4.21United Breweries Holdings Ltd. 287.11 4.21
Consumer Non Durables 235.80 3.46Hanung Toys & Textiles Ltd. 235.80 3.46
Finance 193.77 2.84CRISIL Ltd. 193.77 2.84
Construction 188.95 2.77Punj Lloyd Ltd. 188.95 2.77
Oil 164.49 2.41Aban Offshore Ltd. 164.49 2.41
Non - Ferrous Metals 163.28 2.39Sterlite Industries (India) Ltd. 163.28 2.39
Auto Ancillaries 162.96 2.39Shree Ganesh Forgings Ltd. 142.55 2.09Amtek India Ltd. 20.41 0.30
Pharmaceuticals 136.72 2.00Dishman Pharmaceuticals & Chemicals Ltd. 136.72 2.00
Cash & Current Assets 314.22 4.61
Total Net Asset 6820.54 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla India Opportunities Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : January 01, 2000
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to achieve superior long-term growth of capital by investing in shares of companies that do one or more of the following: Leverage India's intellectual capital for providing services, research and creative inputs; Seek to use current and impending changes in patent
laws / import tariffs / quotas to supply goods and services; Leverage India's lower labour costs for providing services and manufactured goods; Leverage India's large population of English speaking people for providing services.
Investment Objective
Date of inception / takeover : December 27, 1999
Fund Manager : Mr. Atul Penkar
NAV : Rs.
Growth : 52.00
Dividend : 22.33
Benchmark : S & P CNX 500 Corpus : Rs. 68.21 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla India Opportunities
Fund
Birla India Opportunities
Fund
S&P CNX 500
S&P CNX 500
Since Inception 98000 347271 277904 29.98 24.71
Last 5 years 60000 145669 112637 36.43 25.51
Last 3 years 36000 56913 44751 32.19 14.68
Last 1 year 12000 13505 11506 24.16 -7.58
Value Blend Growth Size
Large
Mid
Small
Investment Style
Birla India Opportunities Fund - Growth S&P CNX 500
% R
etu
rns
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
M a r c h 2 0 0 8
18
3.35
23.44
31.57
10.08
40.19
33.60
41.69
17.66
0
5
10
15
20
25
30
35
40
45
1 Year 3 Years 5 Years Since Inception
2.00%
2.39%
2.39%
2.41%
2.77%
2.84%
3.46%
4.21%
4.33%
4.61%
4.74%
4.93%
6.36%
7.98%
8.58%
14.65%
21.34%
Pharmaceuticals
Auto Ancillaries
Non - Ferrous Metals
Oil
Construction
Finance
Consumer Non Durables
Diversified Industries
Consumer Durables
Cash & Current Assets
Petroleum Products
Industrial Products
Telecom-Services
Textile Products
Ferrous Metals
Software
Industrial Capital Goods
*For direct application: Entry Load is Nil.
Birla Dividend Yield Plus
As on 29th February, 2008
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Dividend Yield Plus...
Systematic Investment Plan (SIP)
Date of First Installment : March 01, 2003
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield.
Investment Objective
Date of inception / takeover : February 26, 2003
Fund Manager : Mr. Ankit Sancheti
NAV : Rs.
Growth : 52.29
Dividend : 11.74
Benchmark : S & P CNX 500 Corpus : Rs. 288.20 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Dividend Yield Plus
Birla Dividend Yield Plus
S&P CNX 500
S&P CNX 500
Since Inception 60000 145669 120616 36.43 28.38
Last 5 years 60000 145669 120616 36.43 28.38
Last 3 years 36000 56913 48057 32.19 19.72
Last 1 year 12000 13505 13006 24.16 15.97
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Banks 4147.71 14.39Andhra Bank 1035.14 3.59Indian Overseas Bank 818.76 2.84Vijaya Bank 706.69 2.45Union Bank of India 683.84 2.37Bank of Baroda 662.88 2.30Allahabad Bank 240.40 0.83
Petroleum Products 4114.13 14.27Chennai Petroleum Corporation Ltd. 1053.03 3.65Hindustan Petroleum Corporation Ltd. 975.05 3.38Indian Oil Corporation Ltd. 876.69 3.04Apar Industries Ltd. 814.11 2.82Castrol (India) Ltd. 395.24 1.37
Consumer Non Durables 3213.00 11.15Shaw Wallace Company Ltd. 603.17 2.09Glaxosmithkline Consumer Healthcare Ltd. 556.14 1.93Kansai Nerolac Paints Ltd. 478.09 1.66Procter&Gamble Hygiene&Health Care Ltd. 421.33 1.46Berger Paints India Ltd. 410.17 1.42Colgate-Palmolive (India) Ltd. 392.15 1.36Eveready Industries India Ltd. 351.95 1.22
Pharmaceuticals 2344.22 8.13Wyeth Ltd. 1167.24 4.05Glaxosmithkline Pharmaceuticals Ltd. 823.03 2.86Pfizer Ltd. 353.95 1.23
Fertilisers 1906.76 6.62Tata Chemicals Ltd. 661.21 2.29Rashtriya Chemicals & Fertilizers Ltd. 632.35 2.19Gujarat Narmada Valley Fertilisers Co. Ltd. 546.30 1.90
DCM Shriram Consolidated Ltd. 66.90 0.23
Power 1546.17 5.36KEC International Ltd. 831.34 2.88Octav Investments Ltd. ** 0.00 0.00Neyveli Lignite Corporation Ltd. 714.82 2.48
Transportation 1393.99 4.84Great Eastern Shipping Company Ltd. 620.45 2.15Gateway Distriparks Ltd. 434.14 1.51Varun Shipping Company Ltd. 339.40 1.18
Oil 1335.75 4.63Oil & Natural Gas Corporation Ltd. 1335.75 4.63
Auto 1077.07 3.74Bajaj Auto Ltd. 535.84 1.86Tata Motors Ltd. 350.13 1.21Hero Honda Motors Ltd. 191.11 0.66
Chemicals 926.67 3.22Clariant Chemicals (India) Ltd. 926.67 3.22
Paper 889.53 3.09Tamil Nadu Newsprint & Papers Ltd. 889.53 3.09
Gas 760.83 2.64Indraprastha Gas Ltd. 422.75 1.47GAIL (India) Ltd. 338.08 1.17
Industrial Products 738.21 2.56Cosmo Films Ltd. 437.37 1.52ESAB India Ltd. 300.84 1.04
Ferrous Metals 696.10 2.42Tata Metaliks Ltd. 389.52 1.35Monnet Ispat Ltd. 306.58 1.06
Hardware 632.51 2.19HCL Infosystems Ltd. 632.51 2.19
Auto Ancillaries 519.30 1.80Sundaram-Clayton Ltd. 330.92 1.15Goodyear India Ltd. 151.45 0.53Rane (Madras) Ltd. 36.92 0.13
Media & Entertainment 304.86 1.06Balaji Telefilms Ltd. 304.86 1.06
Diversified Industries 259.26 0.90United Breweries Holdings Ltd. 259.26 0.90
Consumer Durables 204.41 0.71Salora International Ltd. 204.41 0.71
Tours & Travels 81.14 0.28Thomas Cook India Ltd. 81.14 0.28
Telecom-Equipment & Accessories 77.95 0.27Avaya Global Connect Ltd. 77.95 0.27
Cash & Current Assets 1650.59 5.73
Total Net Asset 28820.14 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Dividend Yield Plus - Growth S&P CNX 500
M a r c h 2 0 0 8
19
2.19%
2.42%
2.56%
2.64%
3.09%
3.22%
3.74%
4.63%
4.84%
5.02%
5.36%
5.73%
6.62%
8.13%
11.15%
14.27%
14.39%
Hardware
Ferrous Metals
Industrial Products
Gas
Paper
Chemicals
Auto
Oil
Transportation
Other Equity
Power
Cash & Current Assets
Fertilisers
Pharmaceuticals
Consumer Non Durables
Petroleum Products
Banks
*For direct application: Entry Load is Nil.
30.60
22.79
39.14 39.1140.19
33.60
41.69 41.98
0
5
10
15
20
25
30
35
40
45
1 Year 3 Years 5 Years Since Inception
As on 29th February, 2008
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan A (BSLIEF - Plan A)...
Systematic Investment Plan (SIP)
Date of First Installment : December 01, 2007
The data assumes the investment of Rs. 1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Birla Sun Life International Equity Fund Plan A seeks to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the international markets.
Investment Objective
Date of inception / takeover : October 31, 2007
Fund Manager : Mr. Mahesh Patil & Mr. Vineet Maloo
NAV : Rs.
Growth : 9.63
Dividend : 9.63
Benchmark : S&P Global 1200 Corpus : Rs. 218.28 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
BSLIEF - Plan A
BSLIEF - Plan A
S&P Global 1200
S&P Global 1200
Since Inception 3000 2844 2943 -28.27 -11.15
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Foreign Equity 17,060.76 78.16
Aetna Inc New 408.95 1.87
Airgas Inc 226.71 1.04
Akzo Nobel Nv 460.70 2.11
Bayer Ag 416.69 1.91
Bayerische Motoren 200.17 0.92
Bumiputra-Commerce 423.45 1.94
Cheung Kong Intl 475.54 2.18
China Construction 363.76 1.67
China Mobile (Hk) 354.52 1.62
China Oil Filed 385.94 1.77
Chubb Corp 215.27 0.99
Clas Ohlson B 21.35 0.10
Coca Cola Co 456.44 2.09
Credit Suisse Group 185.15 0.85
Esprit Hldgs Ltd 444.30 2.04
Foxconn Intl Holding 322.40 1.48
Genting Bhd (Cds) 387.45 1.77
Groupe Danone 416.54 1.91
Ind & Comm Bank 388.00 1.78
L.G. Electronics 29.36 0.13
Manitowoc Co. Inc 225.99 1.04
Merck & Co Inc 395.77 1.81
Metso Corporation 276.87 1.27
Microsoft Corportion 323.84 1.48
Mtr Corp Ltd. 437.62 2.00
Nestle Sa 499.61 2.29
Nobel Corp 431.81 1.98
Northrop Grumman Co 434.83 1.99
Oracle Corporation 234.36 1.07
Pride International 507.09 2.32
Procter & Gamble Co 465.89 2.13
Public Bank Bhd 389.94 1.79
Reckitt Benckiser Pl 445.77 2.04
Renewable Enrgy Corp 415.87 1.91
Satair A/S 69.57 0.32
Schneider Elctric Sa 411.38 1.88
Statoilhydro Asa 482.84 2.21
Taiwan Smicndtor-Adr 492.84 2.26
Telenor Asa 422.46 1.94
Teva Pharma Ind Adr 473.03 2.17
Unibanco Holding Gdr 481.13 2.20
Venture Corporation 453.96 2.08
Vestas Wind Systems 460.99 2.11
Vimpel Communication 405.28 1.86
Wharf Holdings Ltd. 447.46 2.05
Wimm Bill Dann - Adr 391.87 1.80
Money Market Instruments 2,437.67 11.17
State Bank Of Hyd Cdmat 30 Jun 08 2,437.67 11.17
Cash & Current Assets 2,329.88 10.67
Total Net Asset 21,828.31 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.50%
³ Rs. 5 crores - NilExit Load :£ 6 months from allotment
date - 1%. > Rs. 5 crores - Nil
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Sun Life International Equity Fund - Plan A - Growth S&P Global 1200
M a r c h 2 0 0 8
Birla Sun Life International Equity Fund - Plan A
20
10.67%
11.17%
78.16%
Cash & Current Assets
Money Market Instruments
Foreign Equity
-3.70
-12.50-14
-12
-10
-8
-6
-4
-2
0
2
4
6
Since Inception
*For direct application: Entry Load is Nil.
As on 29th February, 2008
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life International Equity Fund - Plan B (BSLIEF - Plan B)...
Systematic Investment Plan (SIP)
Date of First Installment : December 01, 2007
The data assumes the investment of Rs. 1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
Birla Sun Life International Equity Fund Plan B seeks to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic and international markets.
Investment Objective
Date of inception / takeover : October 31, 2007
Fund Manager : Mr. Mahesh Patil & Mr. Vineet Maloo
NAV : Rs.
Growth : 9.21
Dividend : 9.21
Benchmark:Customised Index* Corpus : Rs. 810.43 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
BSLIEF - Plan B
BSLIEF - Plan B
Customised Index *
Customised Index *
Since Inception 3000 2763 2714 -40.15 -46.55
Value Blend Growth Size
Large
Mid
Small
Investment Style
Portfolio
Foreign Equity 18,833.74 23.24Taiwan Smicndtor-Adr 581.07 0.72Teva Pharma Ind Adr 574.75 0.71Pride International 555.93 0.69Nestle Sa 538.04 0.66Procter & Gamble Co 532.83 0.66Unibanco Holding Gdr 532.68 0.66Cheung Kong Intl 530.03 0.65Statoilhydro Asa 529.12 0.65Venture Corporation 526.72 0.65Esprit Hldgs Ltd 524.09 0.65Coca Cola Co 523.00 0.65Vestas Wind Systems 506.68 0.63Akzo Nobel Nv 503.41 0.62Wharf Holdings Ltd. 498.59 0.62Reckitt Benckiser Pl 489.91 0.60Mtr Corp Ltd. 487.69 0.60Northrop Grumman Co 485.99 0.60Telenor Asa 484.80 0.60Renewable Enrgy Corp 476.62 0.59Nobel Corp 474.99 0.59Bumiputra-Commerce 461.04 0.57Schneider Elctric Sa 458.66 0.57Aetna Inc New 458.27 0.57Groupe Danone 458.20 0.57Bayer Ag 454.57 0.56Public Bank Bhd 448.42 0.55Vimpel Communication 437.68 0.54Ind & Comm Bank 432.42 0.53Wimm Bill Dann - Adr 431.95 0.53China Oil Filed 430.10 0.53Genting Bhd (Cds) 421.92 0.52China Mobile (Hk) 410.01 0.51China Construction 395.96 0.49Merck & Co Inc 383.12 0.47Foxconn Intl Holding 359.34 0.44Microsoft Corportion 355.10 0.44Metso Corporation 302.62 0.37Oracle Corporation 256.87 0.32Airgas Inc 226.71 0.28Manitowoc Co. Inc 225.99 0.28Chubb Corp 215.27 0.27Bayerische Motoren 197.32 0.24Credit Suisse Group 185.13 0.23Satair A/S 37.72 0.05L.G. Electronics 32.42 0.04
Construction 7832.66 9.66GMR Infrastructure Ltd. 1567.35 1.93D.S. Kulkarni Developers Ltd. 1220.59 1.51Nagarjuna Construction Co. Ltd. 1021.31 1.26Housing Development & Infrastructure Ltd 992.02 1.22Punj Lloyd Ltd. 794.93 0.98Jaiprakash Associates Ltd. 790.05 0.97Hindustan Construction Co. Ltd. 748.45 0.92Madhucon Projects Ltd. 697.95 0.86
Banks 6784.39 8.37ICICI Bank Ltd. 1802.36 2.22Punjab National Bank 1494.54 1.84Kotak Mahindra Bank Ltd. 1071.81 1.32ING Vysya Bank Ltd. 884.35 1.09Union Bank of India 799.05 0.99Indian Bank 693.61 0.86Bank of Baroda 38.68 0.05
Industrial Capital Goods 6127.34 7.56Bharat Heavy Electricals Ltd. 2822.47 3.48Crompton Greaves Ltd. 2103.53 2.60Bharat Electronics Ltd. 632.22 0.78Havells India Ltd. 569.11 0.70
Finance 3997.45 4.93Housing Development Finance Corp. Ltd. 1765.70 2.18ICRA Ltd. 1123.83 1.39India Infoline Ltd. 1107.92 1.37
Ferrous Metals 3899.33 4.81Tata Steel Ltd. 1162.25 1.43Welspun Gujarat Stahl Rohren Ltd. 1160.60 1.43JSW Steel Ltd. 810.13 1.00Steel Authority of India Ltd. 766.35 0.95
Consumer Non Durables 3074.30 3.79United Spirits Ltd. 1356.92 1.67Colgate-Palmolive (India) Ltd. 908.78 1.12ITC Ltd. 808.60 1.00
Telecom-Services 2917.72 3.60Reliance Communications Ltd. 1638.04 2.02Bharti Airtel Ltd. 1279.68 1.58
Power 2876.58 3.55Tata Power Company Ltd. 1426.04 1.76GVK Power & Infrastructure Ltd. 848.52 1.05Reliance Energy Ltd. 602.02 0.74KEC International Ltd. 0.00 0.00
Petroleum Products 2605.75 3.22Reliance Industries Ltd. 2605.75 3.22
Money Market Instruments 2437.67 3.01State Bank of Hyderabad 2437.67 3.01
Media & Entertainment 2407.52 2.97Zee Entertainment Enterprises Ltd 1398.96 1.73New Delhi Television India Ltd. 1008.56 1.24
Software 1930.19 2.38Tata Consultancy Services Ltd. 1311.45 1.62Infosys Technologies Ltd. 618.74 0.76
Diversified Industries 1582.90 1.95United Breweries Holdings Ltd. 792.65 0.98Aditya Birla Nuvo Ltd. 790.25 0.98
Cement 1457.52 1.80Grasim Industries Ltd. 1227.68 1.51India Cements Ltd 229.84 0.28
Oil 1265.44 1.56Oil & Natural Gas Corporation Ltd. 1265.44 1.56
Chemicals 1226.11 1.51Bombay Dyeing & Mfg. Co. Ltd. 1226.11 1.51
Auto 854.19 1.05Maruti Suzuki India Ltd. 854.19 1.05
Non - Ferrous Metals 837.35 1.03Sterlite Industries (India) Ltd. 837.35 1.03
Transportation 716.87 0.88Mundra Port and Special Economic Zone Ltd. 716.87 0.88
Cash & Current Assets 7377.51 9.10
Total Net Asset 81042.52 100.00
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.50%
³ Rs. 5 crores - NilExit Load :£ 6 months from allotment
date - 1%. > Rs. 5 crores - Nil
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation
% R
etu
rns
Birla Sun Life International Equity Fund - Plan B - Growth Customised Index*
M a r c h 2 0 0 8
Birla Sun Life International Equity Fund - Plan B
*A customized benchmark created using BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio.
21
** Represents thinly traded/non traded securities. Total outstanding exposure in derivatives as on February 29, 2008 is Rs 17.88 Crores (Notional value).
2.38%
2.97%
3.01%
3.22%
3.55%
3.60%
3.79%
4.81%
4.93%
6.86%
8.37%
9.10%
9.66%
10.50%
Software
Media & Entertainment
Money Market Instruments
Petroleum Products
Power
Telecom-Services
Consumer Non Durables
Ferrous Metals
Finance
Industrial Capital Goods
Banks
Cash & Current Assets
Construction
Other Equity
-7.87
-9.64
-12
-10
-8
-6
-4
-2
0
2
Since Inception
*For direct application: Entry Load is Nil.
Birla Sun Life '95 Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. 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.
Portfolio
PSU/PFI Bonds/Banks 4219.21 23.81Power Finance Corporation Ltd. 1323.21 7.47 AAALIC Housing Finance Ltd. ** 1021.56 5.77 AAANational Bank for Agri & Rural Devp ** 586.55 3.31 AAAPower Finance Corporation Ltd. 501.01 2.83 AAAICICI Bank Ltd. ** 420.10 2.37 AAAState Bank of Indore ** 366.78 2.07 AAA
Software 1302.94 7.35Infosys Technologies Ltd. 618.74 3.49 HCL Technologies Ltd. 374.90 2.12 Satyam Computer Services Ltd. 309.31 1.75
Consumer Non Durables 1077.42 6.08ITC Ltd. 606.45 3.42 Nestle India Ltd. 260.71 1.47 Colgate-Palmolive (India) Ltd. 200.49 1.13 United Breweries Ltd. 9.77 0.06
Petroleum Products 1035.01 5.84Reliance Industries Ltd. 614.56 3.47 Indian Oil Corporation Ltd. 420.45 2.37
Media & Entertainment 999.40 5.64Zee Interactive Learning Systems Ltd. ** 999.40 5.64 Magnasound India Ltd. ** 0.00 0.00
Pesticides 955.24 5.39Rallis India Ltd. 955.24 5.39
Construction 945.39 5.34Jaiprakash Associates Ltd. 346.37 1.95 Housing Development & Infrastructure Ltd 342.54 1.93 Larsen & Toubro Ltd. 256.48 1.45
Diversified Industries 880.05 4.97United Breweries Holdings Ltd. 591.68 3.34 Aditya Birla Nuvo Ltd. 145.68 0.82 Bombay Burmah Trading Corporation Ltd. 142.69 0.81
Government Bond 835.72 4.72Govt Bond 8.50% 2023 835.72 4.72 Sovereign
Industrial Capital Goods 739.87 4.18Bharati Shipyard Ltd. 384.21 2.17
Siemens Ltd. 261.34 1.47 Crompton Greaves Ltd. 94.32 0.53
Gas 710.21 4.01BOC India Ltd. 369.45 2.09 Gujarat Gas Co. Ltd. 340.76 1.92
Retailing 637.47 3.60Trent Ltd. 637.47 3.60
Fertilisers 507.60 2.86Rashtriya Chemicals & Fertilizers Ltd. 507.60 2.86
Telecom-Services 442.52 2.50Bharti Airtel Ltd. 442.52 2.50
Finance 433.84 2.45Infrastructure Development Finance Co. Ltd 341.51 1.93 Indiabulls Securities Ltd. 92.33 0.52
Pharmaceuticals 364.05 2.05Glenmark Pharmaceuticals Ltd. 364.05 2.05
Banks 355.29 2.01Punjab National Bank 273.08 1.54 Allahabad Bank 82.21 0.46
Power 341.23 1.93GVK Power & Infrastructure Ltd. 230.92 1.30 Reliance Power Ltd. 94.06 0.53 Gujarat Industries Power Co. Ltd. 16.25 0.09
Auto 288.67 1.63Bajaj Auto Ltd. 288.67 1.63
Transportation 266.32 1.50Gateway Distriparks Ltd. 219.40 1.24 Mundra Port and Special Economic Zone Ltd. 46.92 0.26
Securitised Debt 6.14 0.03Fleet Trust July 2004 A2 Series ** 6.14 0.03 AAA(SO)
Cash & Current Assets 375.54 2.12
Total Net Asset 17719.14 100.00
** Represents thinly traded/ non traded securities.
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Sun Life '95 Fund...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : April 1, 1995
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An open-end balanced scheme with the objective of long term growth of capital and current income, through a portfolio of equity and fixed income securities
Investment Objective
Date of inception / takeover : February 10, 1995
Fund Manager : Mr. A. Balasubramanian
NAV : Rs.
Growth : 225.56
Dividend : 104.21
Benchmark : CRISIL Balanced Fund Index Average Maturity : 8.08 Years
Corpus : Rs. 1771.91 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Sun Life '95 Fund
Birla Sun Life '95 Fund
CRISIL Balanced
Fund Index
CRISIL Balanced
Fund Index
Rating Profile
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 155000 395861 1281244 13.58 29.55
Last 5 years 60000 107397 130083 23.52 31.58
Last 3 years 36000 50441 53165 23.22 27.08
Last 1 year 12000 13205 13016 19.21 16.13
Interest Rate Sensitivity: (Debt) Low
Load Structure (Incl. for SIP):Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :< Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months ³ Rs. 5 crores - Nil
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Birla SunLife 95 - Growth Crisil Balanced Fund Index
% R
etu
rns
M a r c h 2 0 0 8
22
Best Fund - 10 yrs performance&Lipper Awards India 2008
Winner of
Mixed Asset INR Aggressive, (6 schemes) 10 Yrs ended 31-Dec-07
Birla Sun Life ‘95 Fund - Growth
30.08 30.48
36.47
26.9528.92
23.6524.76
0
5
10
15
20
25
30
35
40
1 Year 3 Years 5 Years Since Inception
0.03%
2.01%
2.05%
2.12%
2.45%
2.50%
2.86%
3.60%
4.01%
4.18%
4.72%
4.97%
5.06%
5.34%
5.39%
5.64%
5.84%
6.08%
7.35%
23.81%
Securitised Debt
Banks
Pharmaceuticals
Cash & Current Assets
Finance
Telecom-Services
Fertilisers
Retailing
Gas
Industrial Capital Goods
Government Bond
Diversified Industries
Other EquityConstruction
Pesticides
Media & Entertainment
Petroleum Products
Consumer Non Durables
Software
PSU/PFI Bonds/Banks
2.12%
4.72%
23.85%
69.32%
Cash & Current Assets
Sovereign
AAA
Equity
i#
iiiValue Research RatingBirla Sun Life 95’ Fund
Hybrid: ( Schemes) Yrs ended -Feb-08Equity Oriented 32 , 3 & 5 29
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
*For direct application: Entry Load is Nil.
(An open ended balance Schemes)
Birla Balance
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. 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.
Portfolio
Consumer Non Durables 1802.96 16.63ITC Ltd. 555.91 5.13 E.I.D. Parry (India) Ltd. 470.34 4.34 Radico Khaitan Ltd 343.51 3.17 Shaw Wallace Company Ltd. 179.96 1.66 United Spirits Ltd. 170.87 1.58 Balrampur Chini Mills Ltd. 82.37 0.76
PSU/PFI Bonds/Banks 1773.53 16.36Infrastructure Development Fin. Co. Ltd. 798.50 7.37 AAACitibank N A 731.83 6.75 AAAPower Finance Corporation Ltd. 200.40 1.85 AAAHDFC Bank Ltd. 42.80 0.39 AAA
Government Bond 1329.45 12.27Govt Bond 8.33% CGL 2036 520.40 4.80 SovereignGovt Bond 8.20% 2022 517.00 4.77 SovereignGovt Bond 7.61% Oil Company 2015 292.05 2.69 Sovereign
Pharmaceuticals 1286.10 11.87Novartis India Ltd. 486.74 4.49 Pfizer Ltd. 429.18 3.96 Wyeth Ltd. 211.03 1.95 Nicholas Piramal India Ltd. 138.20 1.28 NPIL Research & Development Ltd. 20.95 0.19
Auto 836.19 7.71Mahindra & Mahindra Ltd. 450.32 4.15 Tata Motors Ltd. 203.93 1.88 Bajaj Auto Ltd. 181.93 1.68
Software 771.26 7.12Infosys Technologies Ltd. 309.37 2.85 Wipro Ltd. 195.59 1.80 HCL Technologies Ltd. 173.22 1.60 Tech Mahindra Ltd. 93.08 0.86
Gas 609.50 5.62BOC India Ltd. 316.30 2.92 Indraprastha Gas Ltd. 293.20 2.71
Petroleum Products 581.77 5.37Reliance Industries Ltd. 368.74 3.40 Indian Oil Corporation Ltd. 213.03 1.97
Finance 389.39 3.59Infrastructure Development Finance Co. Ltd 195.15 1.80 Indiabulls Financial Services Ltd 135.94 1.25 Indiabulls Securities Ltd. ** 58.30 0.54
Fertilisers 306.12 2.82Tata Chemicals Ltd. 187.76 1.73 Gujarat Narmada Valley Fertilisers Co. Ltd 118.37 1.09
Banks 253.38 2.34Punjab National Bank 167.65 1.55 Allahabad Bank 85.73 0.79
Pesticides 251.14 2.32United Phosphorous Ltd. 251.14 2.32
Telecom-Services 206.40 1.90Bharti Airtel Ltd. 206.40 1.90
Oil 202.47 1.87Oil & Natural Gas Corporation Ltd. 202.47 1.87
Construction 139.82 1.29Punj Lloyd Ltd. 139.82 1.29
Hotels 127.38 1.18Hotel Leelaventure Ltd. 127.38 1.18
Transportation 86.61 0.80Mundra Port and Special Economic Zone Ltd 86.61 0.80
Corporate Debt 49.16 0.45Housing Development Finance Corp Ltd. 49.16 0.45 AAA
Industrial Capital Goods 44.00 0.41Bharat Electronics Ltd. 44.00 0.41
Power 40.33 0.37Reliance Power Ltd. 40.33 0.37
Cash & Current Assets -248.46 -2.29
Total Net Asset 10838.50 100.00
SIP is a powerful tool that can help you create wealth over time. If you had invested in Birla Balance...
Systematic Investment Plan (SIP)
Asset Allocation
Date of First Installment : November 1,1999
The data assumes the investment of Rs.1,000/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future.
*CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return)
An Open-ended balanced scheme with an objective to balance income requirements with growth of capital through a balance mix of investments in equity and debt at relatively moderate levels of risks through a diversifiedresearch based investment approach.
Investment Objective
Date of inception / takeover : October 12, 1999
Fund Manager : Mr. A. Balasubramanian
NAV : Rs.
Growth : 32.12
Dividend : 21.36
Benchmark : CRISIL Balanced Fund Index Average Maturity : 10.68 Years
Corpus : Rs. 108.39 Crores
Investment Style Box
Investment Period
Total Investment
(Rs.)
Value (Rs.) of SIP in Returns (%)*
Birla Balance
Birla Balance
CRISIL Balanced
Fund Index
CRISIL Balanced
Fund Index
Rating Profile
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Value Blend Growth Size
Large
Mid
Small
Investment Style
Since Inception 100000 229508 240567 19.30 20.38
Last 5 years 60000 107397 106396 23.52 23.13
Last 3 years 36000 50441 47401 23.22 18.74
Last 1 year 12000 13205 12461 19.21 7.24
Interest Rate Sensitivity: (Debt) Medium
Birla Balance Fund - Growth Crisil Balanced Fund Index
% R
etu
rns
Load Structure (Incl. for SIP) Entry Load*:< Rs. 5 crores - 2.25%
³ Rs. 5 crores - NilExit Load :£ Rs. 5 crores - 0.50% if redeemed
/ switched out within 6 months > Rs. 5 crores - Nil
M a r c h 2 0 0 8
23
18.25
21.81
29.14
14.92
28.92
23.6524.76
0
5
10
15
20
25
30
35
1 Year 3 Years 5 Years Since Inception
12.27%
16.82%
73.21%
Sovereign
AAA
Equity
0.45%
2.32%
2.34%
2.82%
3.59%
5.37%
5.62%
7.12%
7.71%
7.82%
11.87%
12.27%
16.36%
16.63%
Corporate Debt
Pesticides
Banks
Fertilisers
Finance
Petroleum Products
Gas
Software
Auto
Other Equity
Pharmaceuticals
Government Bond
PSU/PFI Bonds/Banks
Consumer Non Durables
*For direct application: Entry Load is Nil.
(An open ended balance Schemes)
Birla Sun Life Monthly IncomeAn open- ended fund. Monthly income is not assured and is subject
to availability of distributable surplus
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. 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.
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 41.09%
An open-end income scheme with the primary objective to generate regular income so as to make monthly and quarterly distributions to Unitholders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus.
Investment Objective
Fund Manager : Mr. A. BalasubramanianDate of inception/takeover : July 14, 1999
NAV : Rs.Growth : 28.3312Monthly Dividend : 10.7070Quarterly Dividend : 11.4455
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : For redemption / switch out of
units within 12 months from the
date of allotment: 1%
NIL
Benchmark : CRISIL MIP Blended
IndexCorpus : Rs. 170.93
Average Maturity : 5.87 Years
Investment Style Box
Asset Allocation
Rating Profile
Corporate Debt 5031.51 29.44
Housing Development Finance Corp Ltd. ** 1862.60 10.90 AAA
GE Capital Services India Ltd. ** 1495.78 8.75 AAA
Reliance Industries Ltd. ** 1376.64 8.05 AAA
Sundaram Finance Ltd. ** 296.49 1.73 AA+
PSU/PFI Bonds/Banks 4316.21 25.25
Power Finance Corporation Ltd. 1383.75 8.10 AAA
LIC Housing Finance Ltd. ** 1070.69 6.26 AAA
Power Finance Corporation Ltd. 751.52 4.40 AAA
National Bank for Agri. & Rural Dev. ** 411.78 2.41 AAA
Export-Import Bank of India. ** 305.08 1.78 AAA
Infrastructure Development Fin. Co. Ltd. ** 204.74 1.20 AAA
State Bank of India 188.64 1.10 AAA
Government Bond 4068.11 23.80
Govt Bond 8.35% 2022 3138.00 18.36 Sovereign
Govt. Bond 7.47% 2012 584.28 3.42 Sovereign
Govt Bond 5.87%2010 345.83 2.02 Sovereign
EQUITY 2562.71 14.99
Zee Interactive Learning Systems Ltd. 249.85 1.46
Canara Bank 208.58 1.22
BOC India Ltd. 198.04 1.16
Infosys Technologies Ltd. 193.36 1.13
Rallis India Ltd. 191.05 1.12
Oriental Bank of Commerce 188.33 1.10
Cipla Ltd. 176.16 1.03
Mahindra & Mahindra Ltd. 166.27 0.97
HCL Technologies Ltd. 160.61 0.94
United Breweries Holdings Ltd. 123.54 0.72
McDowell Holdings Ltd. 99.49 0.58
Reliance Power Ltd. 82.92 0.49
Rashtriya Chemicals & Fertilizers Ltd. 78.69 0.46
Hero Honda Motors Ltd. 76.45 0.45
Pritish Nandy Communications Ltd. 71.72 0.42
Nestle India Ltd. 70.64 0.41
United Phosphorous Ltd. 66.97 0.39
Gujarat Gas Co. Ltd. 61.29 0.36
Power Grid Corporation of (I) Ltd. 57.04 0.33
Bharti Airtel Ltd. 28.90 0.17
United Breweries Ltd. 12.85 0.08
Magnasound India Ltd. 0.00 0.00
Securitised Debt 6.40 0.05
Fleet Trust July 2004 A2 Series 6.14 0.05 AAA(SO)
Fleet Trust April 2004 Series 0.26 0.00 AAA(SO)
Cash & Current Assets 1108.41 6.48
Total Net Asset 17093.35 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
CRISIL~CPR 1^^Birla Sun Life Monthly Income
MIP Conservative Scheme ( Schemes) Yrs ended - -0710 , 2 31 Dec
i#
iiiValue Research RatingBirla Sun Life Monthly Income Plan
Hybrid: Monthly Income ( 9 Schemes) Yrs ended -Feb-083 , 3 & 5 29
Birla SunLife MIP - Growth Crisil MIP Blended Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
M a r c h 2 0 0 8
24
12.96
10.6911.23
12.8213.12
9.68 9.74
0
2
4
6
8
10
12
14
1 Year 3 Years 5 Years Since Inception
0.05%
6.48%
14.99%
23.80%
25.25%
29.44%
Securitised Debt
Cash & Current Assets
Equity
Government Bond
PSU/PFI Bonds/Banks
Corporate Debt
1.73%
6.48%
15.00%
23.80%
52.99%
AA
Cash & Current Assets
Equity
Sovereign
AAA
Birla Sun Life Monthly Income Category: Monthly Income Plans – Conservative
1 yr performance ended 31 Dec, '07. Total Schemes in Category = 9
Birla MIPAn open- ended fund. Monthly income is not assured and is subject to
availability of distributable surplus
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. 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.
Portfolio
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 36.01%
An Open-ended income scheme with the objective to generate regular income so as to make monthly distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
Investment Objective
Fund Manager : Mr. A. BalasubramanianDate of inception/takeover : November 20, 2000
NAV : Rs.
Payment / Growth : 21.2838
Dividend : 10.9853
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : £ Rs 10 lakhs: 0.60% if redeemed
/ switched out with in 90 days
from the date of allotment.
> 10 Lakhs: Nil
NIL
Benchmark : CRISIL MIP Blended
IndexCorpus : Rs. 128.78 Crores
Average Maturity : 6.57 Years
Investment Style Box
Asset Allocation
Rating Profile
PSU/PFI Bonds/Banks 4390.73 34.10
Power Finance Corporation Ltd. 1252.53 9.73 AAA
Power Finance Corporation Ltd. 814.29 6.32 AAA
State Bank of Indore. ** 733.55 5.70 AAA
LIC Housing Finance Ltd. ** 510.78 3.97 AAA
Power Grid Corporation of India Ltd. ** 377.91 2.93 AAA
National Bank for Agri. & Rural Dev. ** 304.35 2.36 AAA
ICICI Bank Ltd. ** 210.05 1.63 AAA
State Bank of India. 187.28 1.45 AAA
Corporate Debt 2500.68 19.42
Great Eastern Shipping Company Ltd. ** 921.91 7.16 AAA
Housing Development Finance Corp Ltd. ** 684.87 5.32 AAA
GE Capital Services India Ltd. ** 498.59 3.87 AAA
Sundaram Finance Ltd. ** 395.32 3.07 AA+
EQUITY 2105.60 16.35
Raymond Ltd. 171.10 1.33
ITC Ltd. 161.72 1.26
Simplex Infrastructures Ltd. 151.38 1.18
Rallis India Ltd. 135.28 1.05
Indiabulls Financial Services Ltd 123.02 0.96
Pfizer Ltd. 121.84 0.95
Hanung Toys & Textiles Ltd. 117.90 0.92
Chambal Fertilizers & Chemicals Ltd. 117.00 0.91
Mahindra & Mahindra Ltd. 103.92 0.81
Reliance Industries Ltd. 98.33 0.76
Shaw Wallace Company Ltd. 95.38 0.74
Punjab National Bank 82.67 0.64
Allahabad Bank 82.61 0.64
Union Bank of India 74.26 0.58
Indian Bank 71.45 0.55
Reliance Power Ltd. 65.44 0.51
Power Grid Corporation of (I) Ltd. 58.14 0.45
Indiabulls Securities 52.76 0.41
United Phosphorous Ltd. 52.21 0.41
Reliance Energy Ltd. 47.03 0.37
Bombay Dyeing & Mfg. Co. Ltd. 46.49 0.36
GAIL (India) Ltd. 42.26 0.33
Precision Pipes & Profiles Company Ltd. 33.40 0.26
Government Bond 2045.98 15.89
Govt Bond 8.20% 2022 1034.00 8.03 Sovereign
Govt Bond 8.35% 2022 523.00 4.06 Sovereign
Govt Bond 8.23% FCI SB 2027 488.98 3.80 Sovereign
Mutual Fund Units 34.91 0.27
Birla Fixed Term Debt Fund Ser 3 -36 B 34.91 0.27
Cash & Current Assets 1799.61 13.97
Total Net Asset 12877.52 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla MIP - Growth Crisil MIP Blended Index
% R
etu
rns
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
CRISIL~CPR 2^^Birla MIP
MIP Conservative Scheme ( Schemes) Yrs ended - -0710 , 2 31 Dec
M a r c h 2 0 0 8
25
12.58
9.289.84
10.93
13.12
9.68 9.74
0
2
4
6
8
10
12
14
1 Year 3 Years 5 Years Since Inception
0.27%
13.97%
15.89%
16.35%
19.42%
34.10%
Mutual Fund Units
Cash & Current Assets
Government Bond
Equity
Corporate Debt
PSU/PFI Bonds/Banks
3.07%
13.97%
15.89%
16.63%
50.45%
AA
Cash & Current Assets
Sovereign
Equity
AAA
As on 29th February, 2008
Birla MIP II - Wealth 25 PlanAn open- ended fund. Monthly income is not assured and is subject
to availability of distributable surplus
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is27.76%
An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
Investment Objective
Fund Manager : Mr. A. BalasubramanianDate of inception/takeover : May 22, 2004
NAV : Rs.
Payment / Growth : 14.5037
Dividend : 10.7279
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : For redemption / switch out of
units within 12 months from the
date of allotment: 1%
NIL
Benchmark : CRISIL MIP Blended
IndexCorpus : Rs. 97.96 Crores
Average Maturity : 8.10 Years
Investment Style Box
Asset Allocation
Rating Profile
PSU/PFI Bonds/Banks 3635.17 37.11Power Finance Corporation Ltd. 1002.02 10.23 AAAPower Finance Corporation Ltd. 712.50 7.27 AAALIC Housing Finance Ltd. ** 510.78 5.21 AAAExport-Import Bank of India. ** 427.11 4.36 AAANational Bank for Agri. & Rural Dev. ** 405.80 4.14 AAAState Bank of Indore. ** 366.78 3.74 AAAState Bank of India. 210.19 2.15 AAA
EQUITY 2437.95 24.89Bharati Shipyard Ltd. 197.17 2.01 Rallis India Ltd. 161.33 1.65 Simplex Infrastructures Ltd. 151.38 1.55 ITC Ltd. 141.51 1.44 Infosys Technologies Ltd. 131.48 1.34 Tata Chemicals Ltd. 126.00 1.29 Pfizer Ltd. 109.93 1.12 Novartis India Ltd. 109.87 1.12 Jaiprakash Associates Ltd. 104.96 1.07
Housing Development & Infrastructure Ltd 104.47 1.07 Grasim Industries Ltd. 101.10 1.03 Tech Mahindra Ltd. 94.96 0.97 Mahindra & Mahindra Ltd. 90.06 0.92 Chambal Fertilizers & Chemicals Ltd. 87.75 0.90 Madras Cements Ltd. 78.25 0.80 Radico Khaitan Ltd 76.34 0.78 Reliance Industries Ltd. 73.75 0.75 Aditya Birla Nuvo Ltd. 72.84 0.74 ZF Steering Gear (India) Ltd. 65.54 0.67 Inox Leisure Ltd. 60.28 0.62 Mundra Port and Special Economic Zone Lt 55.64 0.57 Reliance Power Ltd. 52.13 0.53 Power Grid Corporation of (I) Ltd. 49.37 0.50 Mahindra Lifespace Developers Ltd. 39.36 0.40 Ballarpur Industries Ltd. 34.56 0.35 Reliance Energy Ltd. 31.36 0.32 United Spirits Ltd. 23.75 0.24 Raymond Ltd. 12.64 0.13
ITD Cementation India Ltd. 0.20 0.00
Government Bond 2258.15 23.05Govt Bond 8.35% 2022 1046.00 10.68 Sovereign
Govt Bond 8.20% 2022 1034.00 10.56 Sovereign
Govt Bond 7.61% Oil Company 2015 178.15 1.82 Sovereign
Corporate Debt 1008.90 10.30GE Capital Services India Ltd.** 498.59 5.09 AAAGreat Eastern Shipping Company Ltd.** 460.95 4.71 AAAHousing Development Finance Corp Ltd.** 49.35 0.50 AAA
Mutual Fund Units 34.91 0.36Birla Fixed Term Debt Fund Ser 3 -36 B 34.91 0.36
Cash & Current Assets 420.65 4.29
Total Net Asset 9795.74 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla MIP - Wealth 25 - Growth Crisil MIP Blended Index
% R
etu
rns
M a r c h 2 0 0 8
26
9.459.98
10.35
13.12
9.68
8.80
0
2
4
6
8
10
12
14
1 Year 3 Years Since Inception
0.36%
4.29%
10.30%
23.05%
24.89%
37.11%
Mutual Fund Units
Cash & Current Assets
Corporate Debt
Government Bond
Equity
PSU/PFI Bonds/Banks
4.29%
23.05%
25.25%
47.41%
Cash & Current Assets
Sovereign
Equity
AAA
As on 29th February, 2008
Birla MIP II - Savings 5 PlanAn open- ended fund. Monthly income is not assured and is subject to
availability of distributable surplus
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
Investment Objective
Fund Manager : Mr. A. BalasubramanianDate of inception/takeover : May 22, 2004
NAV : Rs.
Payment / Growth : 12.7226
Dividend : 10.1916
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : NIL
NIL
Benchmark : CRISIL MIP Blended
IndexCorpus : Rs. 493.20 Crores
Average Maturity : 0.06 Years
Investment Style Box
Asset Allocation
Rating Profile
Money Market Instruments 22583.94 45.79
Allahabad Bank 10121.01 20.52 PR1+
Housing Development Finance Corp Ltd. 9170.88 18.59 A1+
Industrial Development Bank of India Ltd 2893.13 5.87 P1+
ICICI Bank Ltd. 398.93 0.81 A1+
Securitised Debt 8670.76 17.58
Corporate Loan Sec Sr A2 LIC 06JUN08. ** 8670.76 17.58 P1+(SO)
Cash & Current Assets 18065.64 36.63
Total Net Asset 49320.35 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla MIP - Savings 5 - Growth Crisil MIP Blended Index
% R
etu
rns
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 17.58%.
#iiiiValue Research Rating
Birla MIP II - Savings 5 PlanHybrid: Monthly Income (39 Schemes), 3 years ended 29-Feb-08
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
M a r c h 2 0 0 8
27
10.04
7.046.59
13.12
9.68
8.80
0
2
4
6
8
10
12
14
1 Year 3 Years Since Inception
17.58%
36.63%
45.79%
Securitised Debt
Cash & Current Assets
Money Market Instruments
36.63%
63.37%
Cash & Current Assets
AAA
Birla Asset Allocation Fund
As on 29th February, 2008
Portfolio - Aggressive Plan Portfolio - Moderate Plan Portfolio - Conservation Plan
An Open-ended Fund of Funds scheme with the objective to provide income and capital appreciation along with diversification by investing in a basket of debt and equity Mutual Fund schemes in line with the risk profile of the investors.
Investment Objective
Fund Managers : Mr. Satyabrata Mohanty & Mr. Ajay Garg
Date of inception / takeover : February 24, 2004NAV : Rs.Aggressive PlanGrowth : 24.7432Dividend : 24.7432Conservative PlanGrowth : 16.1788Dividend : 16.1788Moderate PlanGrowth : 21.2853Dividend : 21.2853
Load Structure (Incl. for SIP):Entry Load :Aggressive Plan : 1.50%Moderate Plan : 1.00%Conservative Plan : 0.50%Exit Load : NIL
Aggressive Plan - Investment Style Box Moderate Plan - Investment Style Box Conservation Plan-Investment Style Box
Investment Performance - Aggressive Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Investment Performance - Moderate Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Investment Performance - Conservation Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Issuer Market Value % to NetRs. in Lacs Assets
Mutual Fund Units 726.45 86.38
Birla Midcap Fund 226.54 26.94
Birla Advantage Fund 221.75 26.37
Birla Sun Life New Millennium Fund 124.66 14.82
Birla Dynamic Bond Fund 69.26 8.24
Birla Sun Life Income Fund - Growth 44.35 5.27
Birla Sunlife Short Term Fund - Growth 31.73 3.77
Birla Gilt Plus Inv 8.16 0.97
Cash & Current Assets 114.50 13.62
Total Net Asset 840.95 100.00
Mutual Fund Units 390.18 69.57
Birla Sunlife Short Term Fund - Growth 212.08 37.82
Birla Midcap Fund 56.46 10.07
Birla Sun Life Income Fund - Growth 56.21 10.02
Birla Advantage Fund 30.83 5.50
Birla Sun Life New Millennium Fund 18.39 3.28
Birla Dynamic Bond Fund 16.21 2.89
Cash & Current Assets 170.66 30.43
Total Net Asset 560.84 100.00
#iiiiValue Research Rating
Birla Asset Allocation Fund - ConservativeHybrid: Debt-oriented ( Schemes), 5 Yrs ended -31 3 & 29-Feb 08
Corpus
Aggressive Plan : Rs. 8.41 Crores
Moderate Plan : Rs. 5.08 Crores
Conservative Plan : Rs. 5.61 Crores
Benchmark
Aggressive Plan : S&P CNX Nifty
Moderate Plan : Crisil Balanced Fund Index
Conservative Plan : Crisil MIP Blended Index
High Med LowInterest Rate
Sensivity
High
Mid
Low
High Med LowInterest Rate
Sensivity
High
Mid
Low
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality Credit Quality Credit Quality
Birla AAF - Aggressive Plan - Growth S&P CNX Nifty Birla AAF - Moderate Plan - Growth Crisil Balanced Fund Index Birla AAF - Conservative Plan - Growth Crisil MIP Blended Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
% R
etu
rns
% R
etu
rns
M a r c h 2 0 0 8
28
24.9926.90
25.30
39.34
35.38
29.99
0
5
10
15
20
25
30
35
40
45
1 Year 3 Years Since Inception
23.1322.06
20.69
28.92
23.65
19.76
0
5
10
15
20
25
30
35
1 Year 3 Years Since Inception
15.25
13.4412.7313.12
9.68
8.03
0
2
4
6
8
10
12
14
16
18
1 Year 3 Years Since Inception
Mutual Fund Units 405.98 79.98
Birla Midcap Fund 134.66 26.53
Birla Dynamic Bond Fund 95.81 18.88
Birla Advantage Fund 77.59 15.29
Birla Sun Life New Millennium Fund 39.67 7.82
Birla Sunlife Short Term Fund - Growth 31.91 6.29
Birla Sun Life Income Fund - Growth 26.35 5.19
Cash & Current Assets 101.60 20.02
Total Net Asset 507.58 100.00
Birla Cash Plus
As on 29th February, 2008
An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty
Date of inception /takeover : June 16,1997
Load Structure
Entry Load :
Exit Load : NIL
NIL
Benchmark : Crisil Liquid Fund Index
Corpus : Rs. 5989.53 Crores
Average Maturity : 0.24 Years
Investment Style Box
Asset Allocation
Rating Profile
Investment Performance
Past performance may or may not be sustained in future. 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.
NAV : Rs.Retail Growth : 21.6097Retail Dividend : 16.3694Institutional Growth : 21.7830Institutional Dividend : 10.8023Institutional Plan - Weekly Dividend Option : 10.8068Institutional Plan - Fortnightly Dividend Option : 10.8383Institutional Premium Plan - Growth : 12.8192Institutional Premium Plan - Dividend : 10.0195Institutional Premium Plan - Weekly Div. Option : 10.0225Institutional Premium Plan - Fortnightly Div. Option : 10.0000Institutional Premium Plan - Monthly Dividend : 10.0019
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 5.98%. Notional amount of Interest Swap outstanding is Rs 560 Crs.
Money Market Instruments 240333.82 40.12
Canara Bank 64622.22 10.79 P1+
ICICI Bank Ltd. 27756.65 4.63 A1+
Reliance Communication Ltd. 22908.80 3.82 A1+
Punjab National Bank 13783.17 2.30 F1+
Union Bank of India 13144.08 2.19 A1+
Power Finance Corp. Ltd. 13117.38 2.19 P1+
Punjab National Bank 10352.76 1.73 P1+
The Jammu and Kashmir Bank Ltd. 9972.77 1.67 A1+
Reliance Capital Ltd. 7192.41 1.20 A1+
Industrial Development Bank of India Ltd 5271.45 0.88 A1+
ING Vysya Bank Ltd. 4989.56 0.83 P1+
Hongkong & Shanghai Banking Corp. Ltd. 4986.54 0.83 F1+
Kotak Mahindra Bank Ltd. 4943.19 0.83 P1+
National Bank for Agri. & Rural Dev. 4763.26 0.80 AAA
Tata Capital Ltd. 4745.33 0.79 A1+
UCO Bank Ltd. 4225.59 0.71 P1+
Larsen & Toubro Finance Ltd. 3310.18 0.55 A1+
Karnataka Bank Ltd. 2754.99 0.46 A1+
IDBI Bank 2654.11 0.44 A1+
Motilal Oswal Securities Ltd. 2496.34 0.42 P1+
Rabo India Finance Private Ltd. 2489.20 0.42 P1+
State Bank of Mysore 2488.14 0.42 A1+
Tata Sons Ltd. 2482.30 0.41 P1+
HCL Infosystems Ltd. 1496.11 0.25 A1+
State Bank of Saurashtra 1293.29 0.22 A1+
Century Enka Ltd. 997.24 0.17 A1+
Housing Development Finance Corp. Ltd. 797.47 0.13 P1+
Deutsche Bank 299.30 0.05 P1+
Floating Rate Instruments 201555.57 33.65
Housing Development Finance Corp. Ltd. 56793.57 9.48 AAA
CitiFinancial Consumer Finance India Ltd 25900.00 4.32 AAA
ICICI Securities Ltd. 10000.00 1.67 P1+
Madras Cements Ltd. 10000.00 1.67 A1+
Reliance Capital Ltd. 10000.00 1.67 A1+
IL&FS Investmart Limited 10000.00 1.67 A1+
LIC Housing Finance Ltd. 9521.44 1.59 AAA
Nirma Ltd. 7500.00 1.25 P1+
Housing Development Finance Corp. Ltd. 7131.61 1.19 LAAA
Raymond Ltd. 6500.00 1.08 PR1+
Nicholas Piramal India Ltd. 5000.00 0.83 A1+
Motherson Sumi Systems Ltd. 5000.00 0.83 A1+
Berger Paints India Ltd 4500.00 0.75 P1+
Citicorp Finance India Ltd. 4000.00 0.67 AAA
Axis Bank Ltd. 3890.56 0.65 LAA+
ICICI Bank Ltd. 3300.00 0.55 AAA
Power Finance Corp. Ltd. 2848.66 0.48 AAA
ICICI Bank Ltd. 2502.67 0.42 CARE AAA
Rabo India Finance Private Ltd. 2500.00 0.42 AAA
Hero Honda Finlease Ltd. 2500.00 0.42 P1+
Indian Railway Finance Corporation Ltd. 2368.46 0.40 AAA
Industrial Development Bank of India Ltd 2021.49 0.34 CARE AA+
Infrastructure Development Finance Co. 2001.05 0.33 AAA
Blue Star Ltd. 1800.00 0.30 PR1+
Cholamandalam Investments & Finance Ltd. 1500.00 0.25 LAA(SO)
Industrial Development Bank of India Ltd 1000.37 0.17 AA+
Navneet Publications (India) Ltd. 1000.00 0.17 P1+
Union Bank of India 475.71 0.08 AA+
Securitised Debt 27625.36 4.61
Credit Asset Tr Sr XXV Vodafone 2008** 15130.83 2.53 F1+(SO)
Indian Corp Loan Sec Tr Sr 28 A1 27Apr08** 4641.84 0.77 P1+(SO)
Collateral Debt Tr Sr 20 Sr A1 27 Oct 08** 2337.71 0.39 P1+(SO)
Ind Cor Loan Sec Sr XLIXNS(A1) 13 MAR 08** 1994.48 0.33 A1+(SO)
Indian Ret ABS 78 Ser A1 (26 FEB 08)** 1330.20 0.22 A1+(SO)
Credit Asset Trust Sr -XI Hutch 2008** 711.75 0.12 F1+(SO)
Collateral Debt Tr Sr 20 Sr A2 27 Oct 08** 370.23 0.06 P1+(SO)
Ind Cor Loan Sec Sr-Xlviii A2 11-SEPT-08** 294.46 0.05 A1+(SO)
BHPC Auto Sec Trust 15 Oct 2008** 212.71 0.04 AAA+(SO)
Collateralised Debt Tr Sr V1-A2 25Apr08** 128.38 0.02 P1+(SO)
Indian Corp Loan Sec Tr Sr 28 A2 27Apr08** 126.03 0.02 P1+(SO)
Collateralised Debt Tr Sr.15(A2) LIC ** 112.07 0.02 P1+(SO)
Corporate Loan Securi Series 2 Trust2008** 96.25 0.02 P1+(SO)
Ind Cor Loan Sec Sr XLIXNS(A2) 13 MAR 08** 50.10 0.01 A1+(SO)
Indian Retail ABS Trust Series 56 (A1X)** 43.87 0.01 AAA(SO)
Corporate Loan Sec Tr Sr-V A1 (HCL) 2008** 43.71 0.01 A1+(SO)
GoldStar Trust July 2004 Series A2 PTC** 0.71 0.00 AAA(SO)
Indian Retail ABS Trust Series XXV - A2** 0.02 0.00 AAA(SO)
PSU/PFI Bonds/Banks 7011.03 1.17
National Bank for Agri. & Rural Dev.**. 7011.03 1.17 AAA
Corporate Debt 1201.32 0.20
IL&FS Investmart Limited** 1001.31 0.17 F1+
Kotak Securities Ltd.** 200.02 0.03 A1+
Treasury Bills 160.85 0.03
182 Day T-Bill 07 MAR 2008 160.85 0.03 Sovereign
Cash & Current Assets 121064.56 20.21
Total Net Asset 598952.52 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
#iiiiiValue Research Rating
Birla Cash Plus - Institutional PremiumDebt: Ultra Short-term Institutional (55 Schemes), 18 month ended 29-Feb-08
#iiiiValue Research Rating
Birla Cash Plus - RetailDebt: Ultra Short-term ( Schemes), 18 month ended 51 29-Feb-08
CRISIL~CPR 2^^Birla Cash Plus - Retail Plan
Liquid Scheme (25 Schemes), 1 Yrs ended 31-Dec-07
CRISIL~CPR 2^^Birla Cash Plus - Institutional Premium Plan
Liquid Super Institutional Scheme (16 Schemes), 1 Yrs ended 31-Dec-07
CRISIL~CPR 2^^Birla Cash Plus - Institutional Plan
Liquid Institutional Scheme (13 Schemes), 1 Yrs ended 31-Dec-07
+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.
Birla Cash Plus - Retail - Growth Crisil Liquid Fund Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
0.03%
1.48%
20.21%
78.28%
Sovereign
AA
Cash & Current Assets
AAA
M a r c h 2 0 0 8
29
8.11 8.08 8.09
7.46
5.70
6.266.48
0
1
2
3
4
5
6
7
8
9
15 days 1 Month 3 Months Since Inception
0.03%
0.20%
1.17%
4.61%
20.21%
33.65%
40.12%
Treasury Bills
Corporate Debt
PSU/PFI Bonds/Banks
Securitised Debt
Cash & Current Assets
Floating Rate Instruments
Money Market Instruments
#iiiiValue Research Rating
Birla Cash Plus - Institutional Debt: Ultra Short-term Institutional (55 Schemes), 18 month ended 29-Feb-08
Birla Sun Life Liquid Plus
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. 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.
An Open-ended short term income scheme with the objective to generate regular returns through investments in debt and money market securities.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty Date of inception / takeover
Retail Plan : November 27, 2001
Institutional Plan : April 16, 2003NAV : Rs.Insititutional Plan- Daily Dividend : 10.0068Insititutional Plan- Weekly Dividend : 10.0214Institution Plan- Monthly Dividend : 10.1225Institutional Growth : 15.1391Institutional Dividend : 10.5169Retail - Monthly Dividend : 10.1117Retail - Weekly Dividend : 10.0207Retail Fortnightly Dividend : 11.2952Retail Growth : 14.9506
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : NIL
NIL
Benchmark : CRISIL Short-Term
Bond Fund Index
Corpus : Rs. 8568.94 Crores
Average Maturity : 0.28 Years
Investment Style Box
Asset Allocation
Rating Profile
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Portfolio
Money Market Instruments 297517.99 34.72ICICI Bank Ltd. 86659.69 10.11 A1+State Bank of India 44760.23 5.22 P1+Tata Sons Ltd. 21182.49 2.47 A1+ABN Amro Bank 18654.18 2.18 A1+Allahabad Bank 17057.03 1.99 PR1+Reliance Capital 16906.09 1.97 A1+National Bank for Agri & Rural Devp. 15242.44 1.78 AAACESC Ltd. 9985.56 1.17 A1+Housing Development Finance Corp Ltd. 9520.83 1.11 A1+Punjab National Bank 9122.94 1.06 F1+Union Bank of India 8757.40 1.02 A1+Canara Bank 5695.52 0.66 P1+Ashok Leyland Ltd. 4981.47 0.58 P1+DLF Ltd. 4510.76 0.53 A1+Yes Bank Ltd. 4497.91 0.52 A1+Power Finance Corporation Ltd. 4389.08 0.51 P1+Kotak Mahindra Bank Ltd. 2396.55 0.28 P1+State Bank of Patiala 2384.18 0.28 A1+UCO Bank 1927.85 0.22 P1+Punjab National Bank 1907.37 0.22 P1+Hongkong And Shanghai Banking Corporation 1595.00 0.19 F1+NRB Bearings Ltd. 1494.31 0.17 P1+Deutsche Bank 1396.71 0.16 P1+State Bank of Indore 1027.47 0.12 P1+State Bank of Saurashtra 890.76 0.10 A1+Federal Bank Ltd. 574.14 0.07 P1+
Corporate Debt 51386.22 6.00K Raheja Corp. Private Ltd. ** 15086.45 1.76 UnratedCitiFinancial Consumer Finance India Ltd. ** 6978.34 0.81 AAAEdelweiss Capital Ltd. ** 5000.00 0.58 P1+L&T Finance Ltd. ** 4500.00 0.53 PR1+Housing Development Finance Corp Ltd. ** 4308.12 0.50 AAAEdelweiss Securities Ltd. ** 3000.00 0.35 P1+ICICI Securities Ltd. ** 2500.00 0.29 P1+L&T Infrastructure Finance Co. Ltd. ** 2500.00 0.29 PR1+Kotak Securities Ltd. ** 2496.79 0.29 A1+Sundaram Finance Ltd. ** 1531.86 0.18 AA+
Tata Sons Ltd. ** 1124.02 0.13 AAASundaram Finance Ltd. ** 1008.78 0.12 LAARanbaxy Holding Company ** 1000.00 0.12 P1GE Money Financial Services Ltd. ** 351.85 0.04 AAA
Securitised Debt 45584.77 5.32RB Loan Tr Sr VI (Untech) 2009 ** 9042.36 1.06 FA+(SO)Ge Capital Sev Kap Loan Tr Sr 26 June 08 ** 5797.53 0.68 A1+(SO)KBH Loan Trust Series A1(31-OCT-08) ** 5303.05 0.62 F1+(SO)Ge Cap Sev KRI Loan Tr Sr A2 14 JAN 09 ** 5179.77 0.60 A1(SO)Corporate Loan Sec Sr.29(A2) Trust 2008 ** 4857.07 0.57 A1+(SO)RB Loan Tr SR III A5-PO Indiabull-2008 ** 4640.71 0.54 A1+(SO)RB Loan Trust Series II(A2) 14-Apr-2008 ** 2522.73 0.29 P1+(SO)CLSS 87 TR A2 DLF 09 Feb 09 ** 2289.95 0.27 A1+(SO)Corporate Loan Sec Sr A2 LIC 06JUN08 ** 1950.92 0.23 P1+(SO)Corporate Loan Sec Sr 30 Tr 2008 L&T Fin. ** 1329.85 0.16 PR1+(SO)Loan Sec Trust Sr XVI NTPC (ICICI Bank) ** 983.30 0.11 AAA(SO)Loan Sec Trust SrXII NTPC (ICICI) ** 534.05 0.06 AAA(SO)RB Loan Tr SR III A4-IO Indiabull-2008 ** 436.82 0.05 A1+(SO)Ind Ret ABS Trust Ser 49(A4) 18 MAY 2010 ** 430.45 0.05 AAA(SO)Corporate Loan Sec Sr.29(A1) Trust 2008 ** 198.02 0.02 A1+(SO)Corporate Loan Sec Sr 30 A1 2008 L&T Fin. ** 88.17 0.01 PR1+(SO)
PSU/PFI Bonds/Banks 43669.49 5.10National Bank for Agri & Rural Devp. ** 43659.54 5.10 AAAOriental Bank of Commerce ** 9.95 0.00 AA+
Floating Rate Instruments 28264.04 3.30Infrastructure Development Fin. Co. Ltd. 12500.00 1.46 LAAAHousing Development Finance Corp Ltd. 10188.40 1.19 LAAAIndian Railways Finance Corp. Ltd. 2499.15 0.29 AAAIndian Retail ABS Trust Series 50 1576.34 0.18 AAA(SO)Tata Sons Ltd. 1500.15 0.18 AAA
Treasury Bills 999.07 0.12182 DAY T-BILL 07 MAR 2008 999.07 0.12 Sovereign
Cash & Current Assets 389472.53 45.45
Total Net Asset 856894.11 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
**Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 16.41%
Birla SunLife Liquid Plus - Retail - Growth CRISIL Short-Term Bond Fund Index
for ranking methodology please refer page 43
% R
etu
rns
M a r c h 2 0 0 8
30
8.51
6.83
6.226.63
8.66
6.01
5.34
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years 5 Years Since Inception
0.12%
3.30%
5.10%
5.32%
6.00%
34.72%
45.45%
Treasury Bills
Floating Rate Instruments
PSU/PFI Bonds/Banks
Securitised Debt
Corporate Debt
Money Market Instruments
Cash & Current Assets
0.12%
1.02%
45.45%
51.65%
Sovereign
AA
Cash & Current Assets
AAA
Birla Sun Life Short Term Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Portfolio
Asset Allocation
Rating Profile
An Open-ended short term income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities with relatively low levels of interest rate risk.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata MohantyDate of inception/takeover : April 19, 2002
NAV : Rs.Growth : 14.5662Monthly Dividend : 10.5686Fortnightly Dividend : 10.0604
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : 0.25% for redemption / switch-out
of units within fifteen (15) days
from the date of allotment.
NIL
Benchmark : CRISIL Short-Term
Bond Fund IndexCorpus : Rs. 972.34 Crores
Average Maturity : 3.28 Years
Investment Style Box
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Securitised Debt 26986.85 27.75
BVL TRUST (Principal PTC) (20-Feb-2009) ** 9134.29 9.39 A1+(SO)
CLSS 88 TR A2 DLF 09 Feb 09 ** 7343.71 7.55 A1+(SO)
CLSS 89 TR A2 DLF 09 Feb 09 ** 3661.14 3.77 A1+(SO)
Collateral Debt Tr Sr 20 Sr A1 27 Oct 08 ** 2337.71 2.40 P1+(SO)
Corporate Loan Sec Sr 30 Tr 2008 L&T Fin. ** 1088.06 1.12 PR1+(SO)
BVL TRUST (Interest PTC.) (20-Feb-2009) ** 1057.30 1.09 A1+(SO)
Credit Asset Tr Sr XI (Hutch) 2008 ** 1016.79 1.05 F1+(SO)
Ind Ret ABS Trust Ser 49(A4) 18 MAY 2010 ** 914.71 0.94 AAA(SO)
BHPC AutoSec Trust Jun05-Sr. A3(15OCT08) ** 319.06 0.33 AAA(SO)
Auto Receivable Trust- Aug-2005 (Sundara.) ** 114.08 0.12 LAAA(SO)
Corporate Debt 15868.94 16.32
Housing Development Finance Corp Ltd. ** 8478.50 8.72 AAA
Kotak Securities Ltd. ** 4399.32 4.52 A1+
GE Money Financial Services Ltd. ** 2211.66 2.27 AAA
CitiFinancial Consumer Finance India Ltd. ** 463.09 0.48 AAA
Sundaram Finance Ltd. ** 316.37 0.33 AA+
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 49.43%
Government Bond 13485.34 13.87
Govt Bond 8.23% FCI SB 2027 10659.66 10.96 Sovereign
Govt Bond 8.50% 2023 1966.40 2.02 Sovereign
Govt Bond 5.69% 2018 859.28 0.88 Sovereign
PSU/PFI Bonds/Banks 4991.17 5.13
ICICI Bank Ltd. ** 4200.96 4.32 AAA
National Bank for Agri & Rural Devp. ** 500.79 0.52 AAA
Power Finance Corporation Ltd. ** 289.43 0.30 AAA
Floating Rate Instruments 214.96 0.22
Indian Retail ABS Trust Series 50 ** 214.96 0.22 AAA(SO)
Cash & Current Assets 35687.22 36.70
Total Net Asset 97234.47 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
#iiiValue Research Ratingi
Birla Sun Life Short Term FundDebt: Short-term (2 Schemes), 18 months & 3 4 Yrs ended 29-Feb-08
7-Star Gold Award by @ICRABirla Sun Life Short Term Fund - Growth
Liquid Plus Schemes (2 Schemes), 1 year ended & 6 31-Dec-07
CRISIL~CPR 1^^Birla Sun Life Short Term Fund
Debt Short Term Scheme (1 Schemes), 1 7 Yrs ended 31-Dec-07
Birla SunLife Short Term Fund - Growth CRISIL Short-Term Bond Fund Index
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
M a r c h 2 0 0 8
31
9.80
7.29
6.446.62
8.66
6.01
5.345.74
0
2
4
6
8
10
12
1 Year 3 Years 5 Years Since Inception
0.22%
5.13%
13.87%
16.32%
27.75%
36.70%
Floating Rate Instruments
PSU/PFI Bonds/Banks
Government Bond
Corporate Debt
Securitised Debt
Cash & Current Assets
0.33%
13.87%
36.70%
49.10%
AA
Sovereign
Cash & Current Assets
AAA
Birla Sun Life Short Term Fund Category: Income – Short Term Funds
1 yr performance ended 31 Dec, ‘07. Total Schemes in Category = 12
Birla Income Plus
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. 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.
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 26.12%
An Open-ended income scheme with the objective to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach.
Investment Objective
Fund Manager : Mr. Maneesh DangiDate of inception/takeover : October 21, 1995
NAV : Rs.
Growth : 35.1133
Dividend : 10.9818
Benchmark : CRISIL Composite
Bond Fund IndexCorpus : Rs. 1656.23 Crores
Average Maturity : 13.54 Years
Investment Style Box
Asset Allocation
Rating Profile
Government Bond 82293.42 49.69
Govt Bond 8.33% CGL 2036 49542.08 29.91 Sovereign
Govt Bond 7.99% 2017 12337.20 7.45 Sovereign
Govt Bond 8.35% 2022 8891.00 5.37 Sovereign
Govt Bond 8.23% FCI SB 2027 5476.52 3.31 Sovereign
Govt Bond 7.95%2032 2505.00 1.51 Sovereign
Govt Bond 5.69% 2018 2148.20 1.30 Sovereign
Govt. Bond 7.47% 2012 876.42 0.53 Sovereign
Govt Bond 8.20% 2022 517.00 0.31 Sovereign
PSU/PFI Bonds/Banks 52731.01 31.84
Power Finance Corporation Ltd. 14825.81 8.95 AAA
Export-Import Bank of India** 12021.13 7.26 AAA
National Bank for Agri & Rural Devp** 11718.09 7.08 AAA
Indian Railways Finance Corp. Ltd.** 5932.27 3.58 AAA
State Bank of India 3100.26 1.87 AAA
LIC Housing Finance Ltd.** 1198.59 0.72 AAA
Power Finance Corporation Ltd. 1068.75 0.65 AAA
Punjab National Bank** 1002.75 0.61 AAA
State Bank of Bikaner and Jaipur** 671.08 0.41 AAA
State Bank of Indore** 628.76 0.38 AAA
State Bank of Patiala** 518.75 0.31 AAA
Oriental Bank of Commerce** 44.77 0.03 AA+
Corporate Debt 8450.60 5.10
Housing Development Finance Corp Ltd.** 7390.78 4.46 AAA
Infrastructure Development Fin. Co. Ltd.** 987.36 0.60 AAA
Reliance Industries Ltd.** 72.45 0.04 AAA
Cash & Current Assets 22148.38 13.37
Total Net Asset 165623.42 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Load Structure (Incl. for SIP): w.e.f. 10/03/08
Entry Load : NIL
Exit Load : £ Rs 10 Lacs: 0.75% if redeemed
/ switched out with in 180 days
from the date of allotment.
> Rs. 10 Lacs: Nil
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla Income Plus - Growth Crisil Composite Bond Fund Index
#iiiValue Research Ratingii
Birla Income PlusDebt: Medium-term (51 Schemes), 3 yrs ended 29-Feb-08
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
CRISIL~CPR 1^^Birla Income Plus
Income Scheme (18 Schemes), 1 Yrs ended 31-Dec-07
M a r c h 2 0 0 8
32
@7-Star Gold Award by ICRA
Birla Income Plus - GrowthDebt: Long Term (18 Schemes), 1 year ended & 31-Dec-07
15.96
8.03
6.37
10.69
8.28
5.17 4.90
0
2
4
6
8
10
12
14
16
18
1 Year 3 Years 5 Years Since Inception
5.10%
13.37%
31.84%
49.69%
Corporate Debt
Cash & Current Assets
PSU/PFI Bonds/Banks
Government Bond
0.03%
13.37%
36.91%
49.69%
AA
Cash & Current Assets
AAA
Sovereign
Birla Sun Life Income Fund
As on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. 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.
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 21.98%
An Open-ended income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.
Investment Objective
Fund Manager : Mr. Satyabrata MohantyDate of inception/takeover : March 03, 1997
NAV : Rs.
Growth : 29.7885
Half Yearly - Dividend : 11.6915
Quarterly Dividend : 11.0291
54 EA Growth : 29.7677
54 EA Dividend : 13.1172
54 EB Growth : 29.5802
54 EB Dividend : 13.1311
Corpus : Rs. 285.85 Crores
Average Maturity : 14.94 Years
Investment Style Box
Asset Allocation
Rating Profile
Government Bond 17762.71 62.14
Govt Bond 8.33% CGL 2036 10616.16 37.14 Sovereign
Govt Bond 7.99% 2017 6168.60 21.58 Sovereign
Govt Bond 8.23% FCI SB 2027 977.95 3.42 Sovereign
PSU/PFI Bonds/Banks 6733.70 23.56
National Bank for Agri & Rural Devp. ** 1415.78 4.95 AAA
Indian Railways Finance Corp. Ltd. ** 988.14 3.46 AAA
State Bank of India 945.84 3.31 AAA
Power Finance Corporation Ltd. ** 916.07 3.20 AAA
State Bank of Indore ** 523.97 1.83 AAA
Power Finance Corporation Ltd. ** 520.85 1.82 AAA
LIC Housing Finance Ltd. ** 510.78 1.79 AAA
Export-Import Bank of India ** 499.31 1.75 AAA
State Bank of Bikaner and Jaipur ** 412.97 1.44 AAA
Corporate Debt 496.18 1.74
Housing Development Finance Corp Ltd. ** 496.18 1.74 AAA
Securitised Debt 0.10 0.00
Fleet Trust April 2004 Series ** 0.10 0.00 AAA(SO)
Cash & Current Assets 3592.09 12.57
Total Net Asset 28584.79 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Benchmark : CRISIL Composite
Bond Fund Index
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : £ Rs 1 Crore: 1.00% if redeemed
/ switched out with in 365 days
from the date of allotment.
> Rs 1 Crore: Nil
NIL
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla SunLife Income Fund - Growth Crisil Composite Bond Fund Index
CRISIL~CPR 1^^Birla Sun Life Income Fund
Income Scheme (1 Schemes), 2 8 Yrs ended 31-Dec-07
#iiiiValue Research Ratingi
Birla Sun Life Income FundDebt: Medium Term (5 Schemes), Yrs ended - -01 3 29 Feb 8
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
M a r c h 2 0 0 8
33
&Best Fund - 3 & 10 yrs performance Lipper Awards India 2008Winner of
Bond INR General, 3 yrs & 10 yrs ended 31-Dec-07 out of 100 & 10 Schemes respectively
Birla Sun Life Income Fund - Growth
15.73
8.96
7.03
10.43
8.28
5.17 4.90
0
2
4
6
8
10
12
14
16
18
1 Year 3 Years 5 Years Since Inception
1.74%
12.57%
23.56%
62.14%
Corporate Debt
Cash & Current Assets
PSU/PFI Bonds/Banks
Government Bond
12.57%
25.29%
62.14%
Cash & Current Assets
AAA
Sovereign
Birla Sun Life Income Fund Category: Income Funds
1 yr performance ended 31 Dec, ‘07. Total Schemes in Category = 17
Birla Sun Life Cash ManagerAs on 29th February, 2008
Investment Performance
Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown.
An Open-ended liquid scheme with the objective to provide current income which is consistent with a portfolio that offers investors superior liquidity by investing 100% in a diversified portfolio of debt (Fixed Income) and money market securities.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata MohantyDate of inception/takeover : May 14, 1998
NAV : Rs.
Retail Growth : 19.6975
Daily Dividend : 10.0030
Institutional Premium Growth : 13.4150
Institutional Premium Weekly Dividend : 10.0067
Weekly Dividend : 10.0065
Load Structure
Entry Load :
Exit Load : NIL
NIL
Benchmark : Crisil Liquid Fund Index Corpus : Rs. 717.92 Crores
Average Maturity : 0.46 Years
Investment Style Box
Asset Allocation
Rating Profile
Portfolio
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Securitised Debt 6673.85 9.30
UBL Trust Ser.40 31 May 2008** 6673.85 9.30 F1+(SO)
Floating Rate Instruments 5000.00 6.96
Kotak Mahindra Bank Ltd. 5000.00 6.96 P1+
Cash & Current Assets 17837.99 24.85
Total Net Asset 71792.18 100.00
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla SunLife Cash Manager - Growth Crisil Liquid Fund Index
% R
etu
rns
Money Market Instruments 42280.34 58.89
Punjab National Bank 18576.36 25.88 F1+
DLF Ltd. 12987.44 18.09 A1+
Edelweiss Securities Ltd. 2491.43 3.47 P1+
Reliance Capital 2397.47 3.34 A1+
Tata Capital Ltd. 2380.07 3.32 A1+
Unitech Ltd. 1747.88 2.43 PR1+
Power Finance Corporation Ltd. 698.26 0.97 P1+
Tata Sons Ltd. 666.21 0.93 A1+
Gruh Finance Ltd 239.83 0.33 P1+
ICICI Bank Ltd. 95.38 0.13 A1+
for ranking methodology please refer page 43
24.85%
75.15%
Cash & Current Assets
AAA
M a r c h 2 0 0 8
34
8.26
7.567.74
7.16
5.70
6.266.48
0
1
2
3
4
5
6
7
8
9
15 days 1 Month 3 Months Since Inception
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 9.30%
6.96%
9.30%
24.85%
58.89%
Floating Rate Instruments
Securitised Debt
Cash & Current Assets
Money Market Instruments
As on 29th February, 2008
Birla Floating Rate Fund
Portfolio - Short Term Plan
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.
Investment Objective
Fund Manager : Mr. Satyabrata Mohanty Date of inception / takeover : June 05, 2003
NAV : Rs.Long Term:Growth : 13.3164Dividend : 10.4483Weekly Dividend : 10.0179Short Term:Growth : 13.2007Daily Dividend : 10.0015Weekly Dividend : 10.3912Institutional Plan-Growth : 10.6162Institutional Plan-Daily Dividend : 10.0086Institutional Plan-Weekly Dividend : 10.0240
BenchmarkLong Term : Crisil Liquid Fund IndexShort Term : Crisil Liquid Fund Index
CorpusLong Term : Rs. 107.32 CroresShort Term : Rs. 108.95 Crores
Average MaturityLong Term : 0.00 YearsShort Term : 0.23 Years
Investment Style Box
Investment Performance - Long Term Plan
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Investment Performance - Short Term Plan
Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more.
Asset Allocation - Long Term Plan Rating Profile - Long Term Plan Asset Allocation - Short Term Plan Rating Profile - Short Term Plan
Portfolio - Long Term Plan
Floating Rate Instruments 9300.19 86.66
Kotak Mahindra Bank Ltd. 5000.00 46.59 P1+
Housing Development Finance Corp Ltd. 3000.00 27.95 AAA
Sundaram Finance Ltd. 800.00 7.45 LAA+
Industrial Development Bank of India Ltd 500.19 4.66 AA+
Cash & Current Assets 1431.41 13.34
Total Net Asset 10731.60 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Floating Rate Instruments 7405.97 67.98
LIC Housing Finance Ltd. 2000.34 18.36 AAA
Housing Development Finance Corp Ltd. 1700.00 15.60 AAA
Industrial Development Bank of India Ltd 1505.64 13.82 AA+
Citicorp Finance India Ltd. 1500.00 13.77 AAA
CitiFinancial Consumer Finance India Ltd 500.00 4.59 AAA
ICICI Bank Ltd. 200.00 1.84 AAA
Money Market Instruments 2027.14 18.61
Tata Sons Ltd. 1475.17 13.54 A1+
Unitech Ltd. 551.96 5.07 PR1+
Cash & Current Assets 1461.44 13.41
Total Net Asset 10894.54 100.00
Load Structure :
Long Term (Incl. for SIP)
Entry Load : Nil
Exit Load : For any redemption / switch out of
units within 7 days from the date
of allotment :- 0.10%
Short Term
Entry Load : NIL
Exit Load : NIL
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
+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.
Birla Floating Rate Fund - STP - Growth Crisil Liquid Fund IndexBirla Floating Rate Fund - LTP - Growth Crisil Liquid Fund Index
% R
etu
rns
% R
etu
rns
#iiiiValue Research Rating
Birla Floating Rate Fund - Long TermDebt: Term ( Schemes), Yrs ended - -Floating - Long 13 3 29 Feb 08
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
13.41%
18.61%
67.98%
Money Market Instruments
Cash & Current Assets
Floating Rate Instruments
13.41%
13.82%
72.77%
Cash & Current Assets
AA
AAA
M a r c h 2 0 0 8
35
8.327.91 7.88
6.035.70
6.26 6.48
5.39
0
1
2
3
4
5
6
7
8
9
15 days 1 Month 3 Months Since Inception
8.85
6.876.23
7.47
6.12
5.39
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years Since Inception
13.34%
86.66%
Cash & Current Assets
Floating Rate Instruments
12.12%
13.34%
74.55%
AA
Cash & Current Assets
AAA
Birla Gilt Plus
As on 29th February, 2008
An Open-ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.
Investment Objective
Fund Manager : Mr. Maneesh Dangi & Mr. Satyabrata Mohanty
Date of inception / takeover : October 12, 1999NAV : Rs.Liquid PlanGrowth : 19.3064Quarterly Dividend : 10.6611Annual Dividend Option : 11.9547PF PlanGrowth : 22.8048Quarterly Dividend : 10.8571Annual Dividend Option : 21.1788Regular PlanGrowth : 26.5930Quarterly Dividend : 11.7354Annual Dividend Option : 24.7851
Load Structure (Incl. for SIP):Liquid Plan, Regular Plan & PF Plan-Quarterly / Annual Dividend:Entry Load : NILExit Load : NILPF Plan - Growth:Entry Load : NILExit Load : 1.00% if redeemed / switched out
within 365 days from date of allotment.
CorpusLiquid Plan : Rs. 25.33 CroresPF Plan : Rs. 78.46 CroresRegular Plan : Rs. 119.23 Crores
Average MaturityLiquid Plan : 0.00 YearsPF Plan : 16.05 YearsRegular Plan : 17.93 Years
Investment Style Box
Asset Allocation - PF Plan Asset Allocation - Regular PlanAsset Allocation - Liquid Plan
Investment Performance - Liquid Plan
Past performance may or may not be sustained in future. 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.
Investment Performance - PF Plan
Past performance may or may not be sustained in future. 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.
Investment Performance - Regular Plan
Past performance may or may not be sustained in future. 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.
Portfolio - Liquid Plan Portfolio - PF Plan Portfolio - Regular Plan
Cash & Current Assets 2533.23 100.00
Total Net Asset 2533.23 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
Government Bond 8025.36 67.31
Govt Bond 8.33% CGL 2036 6661.12 55.87 Sovereign
Govt Bond 8.23% FCI SB 2027 1364.24 11.44 Sovereign
Cash & Current Assets 3897.36 32.69
Total Net Asset 11922.72 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
BenchmarkLiquid Plan : I-Sec Si-BEXPF Plan : I-Sec Li-BEXRegular Plan : I-Sec Li-BEX
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
#iiiValue Research Ratingi
Birla Gilt Plus - Liquid PlanGilt: Short-term (1 Schemes), 18 months & 3 8 Yrs ended 29-Feb-08
CRISIL~CPR 2^^Birla Gilt Plus - Regular Plan
Gilt Scheme (13 Schemes), 2 Yrs ended 31-Dec-07
#iiiiValue Research Ratingi
Birla Gilt Plus - Regular PlanGilt: Medium & Long-term ( 4 Schemes), 18 months & 3 4 Yrs ended 29-Feb-08
#iiiValue Research Ratingi
Birla Gilt Plus - PF PlanGilt: Medium & Long-term (4 Schemes), 18 months & 3 4 Yrs ended 29-Feb-08
Birla Gilt Plus Liquid Plan I-Sec Si-BEX Birla Gilt Plus PF Plan - Growth I-Sec Li-BEX Birla Gilt Plus Regular Plan - Growth I-Sec Li-BEX
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
% R
etu
rns
% R
etu
rns
% R
etu
rns
32.69%
67.31%
Cash & Current Assets
Government Bond
Government Bond 7183.07 91.55
Govt Bond 7.99% 2017 3598.35 45.86 Sovereign
Govt Bond 8.33% CGL 2036 2914.24 37.14 Sovereign
Govt Bond 8.35% 2022 523.00 6.67 Sovereign
Govt Bond 8.30% 2023 147.48 1.88 Sovereign
Cash & Current Assets 663.00 8.45
Total Net Asset 7846.07 100.00
8.45%
91.55%Government Bonds
Cash & Current Assets
M a r c h 2 0 0 8
36
&Best Fund - 5 yrs Performance Lipper Awards India 2008Winner of
Bond INR General (35 Schemes) 5 yrs ended 31-Dec-07
Birla Gilt Plus - Regular - Growth
6.58
5.98 5.83
8.16
8.86
6.576.27
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years 5 Years Since Inception
10.66
6.375.68
10.3310.78
7.04 7.16
0
2
4
6
8
10
12
1 Year 3 Years 5 Years Since Inception
14.26
8.29
6.91
12.37
10.78
7.04 7.16
0
2
4
6
8
10
12
14
16
1 Year 3 Years 5 Years Since Inception
100.00%Cash & Current Assets
Birla Sun Life Government Securities Fund
As on 29th February, 2008
Portfolio - Short Term PlanPortfolio - Long Term Plan
An Open-ended Gilt scheme with the objective to provide investors current income consistent with a portfolio invested 100% in securities issued by the Government of India or the State Governments, and the secondary objective is capital appreciation.
Investment Objective
Fund Manager : Mr. Maneesh Dangi
Date of inception / takeover : October 28, 1999NAV : Rs.
Long Term Plan
Growth : 20.4682
Dividend : 10.1022
Short Term Plan
Growth : 16.4961
Dividend : 10.0478
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : NIL
NIL
Benchmark
Long Term Plan : I-Sec Li-BEX
Short Term Plan : I-Sec Si-BEX
CorpusLong Term Plan : Rs. 1.10 CroresShort Term Plan : Rs. 0.59 Crores
Average MaturityLong Term Plan : 17.64 YearsShort Term Plan : 0.00 Years
Long Term - Investment Style Box
Long Term Plan - Investment Performance
Past performance may or may not be sustained in future. 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.
Asset Allocation - Long Term Plan
Short Term Plan - Investment Performance
Past performance may or may not be sustained in future. 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.
Asset Allocation - Short Term Plan
Government Bond 102.68 93.02
Govt Bond 8.23% FCI SB 2027 102.68 93.02 Sovereign
Cash & Current Assets 7.71 6.98
Total Net Asset 110.40 100
Cash & Current Assets 58.81 100.00
Total Net Asset 58.81 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Issuer Market Value % to Net RatingRs. in Lacs Assets
High Med LowInterest Rate
Sensivity
High
Mid
Low
Short Term - Investment Style Box
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality Credit Quality
Birla SunLife G Sec Fund - LT - Growth I-Sec Li-BEX Birla SunLife G Sec Fund - STD - Growth I-Sec Si-BEX
% R
etu
rns
% R
etu
rns
100.00%Cash & Current Assets
M a r c h 2 0 0 8
37
3.513.77
4.16
8.96
10.78
7.04 7.16
0
2
4
6
8
10
12
1 Year 3 Years 5 Years Since Inception
3.70
4.63
3.74
6.18
8.86
6.576.27
0
1
2
3
4
5
6
7
8
9
10
1 Year 3 Years 5 Years Since Inception
6.98%
93.02%
Cash & Current Assets
Government Bond
Birla Dynamic Bond Fund
As on 29th February, 2008
An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments.
Investment Objective
Date of inception / takeover : September 27, 2004
NAV : Rs.
Retail Growth : 12.5855
Retail Quarterly Dividend : 10.4584
Load Structure (Incl. for SIP):
Entry Load :
Exit Load : NIL
NIL
Benchmark : CRISIL Composite Bond Fund Index
Corpus : Rs. 6.76 Crores
Average Maturity : 0.21 Years
Investment Style Box
Investment PerformancePortfolio
Money Market Instruments 587.13 86.81
State Bank of Indore 587.13 86.81 P1+
Cash & Current Assets 89.23 13.19
Total Net Asset 676.36 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
Fund Manager : Mr. Maneesh Dangi
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Asset Allocation
Rating Profile
As on 29th February, 2008
Birla Bond Index Fund
An Open-ended income scheme with the objective of tracking the CRISIL Composite Bond Fund Index which has been introduced by CRISIL to track the returns on a composite portfolio that includes call instruments, commercial papers, government securities, AAA & AA rated instruments.
Investment Objective
Fund Manager : Mr. Satyabrata Mohanty Date of inception / takeover : May 9, 2003
NAV : Rs.
Growth : 12.3259
Dividend : 10.1302
Load Structure (Incl. for SIP):Entry Load :Exit Load : £ Rs 10 lakhs: 0.25% if redeemed
/ switched out with in 90 days from the date of allotment.> 10 Lakhs: Nil
NIL
Benchmark : CRISIL Composite Bond Fund Index
Corpus : Rs. 0.36 Crores
Average Maturity : 0.69 Years
Investment Style Box
Investment Performance Asset Allocation
Rating Profile
Portfolio
** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 27.07%
Treasury Bills 17.98 50.46
182 DAY T-BILL 07 MAR 2008 17.98 50.46 Sovereign
PSU/PFI Bonds/Banks 9.65 27.07
Power Finance Corporation Ltd. ** 9.65 27.07 AAA
Government Bond 2.06 5.77
Govt Bond 9.39% 2011 2.06 5.77 Sovereign
Cash & Current Assets 5.95 16.70
Total Net Asset 35.64 100.00
Issuer Market Value % to Net RatingRs. in Lacs Assets
Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.
High Med LowInterest Rate
Sensivity
High
Mid
Low
Credit Quality
Birla Bond Index Fund - Growth Crisil Composite Bond Fund Index
Birla Dynamic Bond Fund - Retail - Growth
Crisil Composite Bond Fund Index
% R
etu
rns
% R
etu
rns
#iiValue Research Ratingii
Birla Dynamic Bond Fund - RetailDebt: Medium Term (5 Schemes), 18 months 3 Yrs ended - -01 & 29 Feb 8
(Past performance is no guarantee of future results.) for ranking methodology please refer page 43
5.77%
16.70%
27.07%
50.46%
Government Bond
Cash & Current Assets
PSU/PFI Bonds/Banks
Treasury Bills
16.70%
27.07%
56.23%
Cash & Current Assets
AAA
Sovereign
13.19%
86.81%
Cash & Current Assets
Money Market Instruments
13.19%
86.81%
Cash & Current Assets
AAA
M a r c h 2 0 0 8
M a r c h 2 0 0 8
38
10.77
7.276.95
8.28
5.17 4.97
0
2
4
6
8
10
12
1 Year 3 Years Since Inception
6.42
5.01
4.44
8.28
5.17
4.51
0
1
2
3
4
5
6
7
8
9
1 Year 3 Years Since Inception
India Advantage Fund Ltd.(For Non-Resident Indians and Eligible Foreign Nationals)
As on 29th February, 2008
Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.The returns for BSE Sensex are in Indian Rupees while the returns for IAF & MSCI (India) are in US Dollars.
Portfolio
Investment via sub-fund, India Advantage (Offshore) Fund, are stated at market/fair value at the date of determination. Securities listed on a recognised stock exchange are valued at the last quoted closing price on the principal exchange on which the security istraded Non-traded securities are valued at amortised cost and/or fair value as determined in good faith by Birla Sun Life Asset Management Company Limited, India, Conversion Rate: 1 USD = INR 39.92
Asset Allocation
An Open-ended growth scheme with the objective of long-term appreciation through investment primarily in equity related securities of companies in India that are run by efficient management, have a sustainable and robust business model and are available at reasonablevaluations.
Investment Objective
Fund Manager : Mr. Ajay Argal Date of inception / takeover : August 8, 1996
NAV $ per Class C Share : 228.39 Benchmark : BSE Sensex and MSCI (India)
Bloomberg Ticker Code : INDADVC MPAUM : USD 186.79 MillionConversion Rate 1 USD : INR 39.92
Investment Style Box
Investment Performance CAGR Returns (%)
EQUITY INVESTMENTS :
Reliance Industries Ltd. Petroleum Products 13,301,152.30 7.53
Bharat Heavy Electricals Ltd. Industrial Capital Goods 9,717,935.87 5.50
ICICI Bank Ltd. Banks & Financial Inst 9,086,695.27 5.15
Bharti Airtel Ltd Telecom-Services 6,804,168.34 3.85
Housing Development Finance Corporation Ltd. Banks & Financial Inst 5,616,633.27 3.18
Oil & Natural Gas Corporation Ltd. Petroleum Products 5,588,060.42 3.16
Welspun Gujarat Stahl Rohren Ltd. Transmission Lines 5,516,658.32 3.12
Larsen & Toubro Ltd. Construction 5,471,670.84 3.10
Reliance Communications Ventures Ltd Telecom-Services 5,327,091.68 3.02
ITC Ltd. Consumer Non Durables 5,063,877.76 2.87
AIA Engineering Ltd. Industrial Capital Goods 4,255,423.36 2.41
Great Eastern Shipping 4,175,851.70 2.37
State Bank Of India Banks & Financial Inst 4,058,371.55 2.30
Infosys Technologies Ltd. Software 4,006,620.49 2.27
Thermax Ltd. Industrial Capital Goods 4,000,728.96 2.27
Oriental Bank Of Commerce Banks & Financial Inst 3,864,392.52 2.19
Grasim Industries Ltd. Cement 3,834,865.98 2.17
United Spirits Ltd. Consumer Non Durables 3,823,985.47 2.17
Cesc Ltd. Electricals 3,810,853.48 2.16
Great Offshore Ltd. Shipping 3,810,322.59 2.16
Sesa Goa Ltd. Steel 3,731,477.96 2.11
Bharti Shipyard Shipping 3,684,796.06 2.09
Lanco Infratech Ltd. Construction 3,509,421.04 1.99
Axis Bank Ltd. Banks & Financial Inst 3,422,203.78 1.94
United Phosphorus Ltd. Pesticides 3,355,210.42 1.90
Housing Dev. & Infra Construction 3,348,967.76 1.90
Bharat Electronics Ltd. Industrial Capital Goods 3,189,876.82 1.81
Suzlon Energy Ltd. Power 3,178,013.53 1.80
Jaiprakash Associate Construction 3,122,244.49 1.77
Sintex Industries Ltd Consumer Non Durables 2,911,447.90 1.65
Balaji Telefilms Ltd Entertainment 2,892,130.05 1.64
Name of the Security Sector Market Value Percentage(US Dollars) of Portfolio
Name of the Security Sector Market Value Percentage(US Dollars) of Portfolio
Crompton Greaves Ltd. Industrial Capital Goods 2,863,316.09 1.62
DLF Limited Construction 2,796,058.37 1.58
India Cements Ltd Cement 2,768,046.12 1.57
Bank of Baroda Banks & Financial Inst 2,718,607.29 1.54
Engineers (India) Industrial Capital Goods 2,547,044.06 1.44
Bank of India Banks & Financial Inst 2,308,064.21 1.31
Reliance Energy Power 2,238,520.79 1.27
Subex Systems Ltd. Software 2,067,503.28 1.17
Maharashtra Seamless Ltd Ferrous Metals 1,962,086.67 1.11
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 1,847,110.70 1.05
Gujarat NRE Coke Mining 1,766,407.82 1.00
Punj Lloyd Ltd Engineering 1,659,702.34 0.94
Maruti Udyog Ltd Automobile Manufacturers 1,218,359.52 0.69
SBI Rights Banks & Financial Inst 119,367.23 0.07
CALL & CALL EQUIVALENTS :
Mutual Fund Units Cash and Cash Equivalent 73.98 0.00
CORPORATE DEBT :
Trent Ltd Trent Ltd - Warrants 206,555.88 0.12
TOTAL 176,567,974.32 100.00
OTHER NET ASSETS (SUB FUND) 11,696,114.20
OTHER NET ASSETS (MAIN FUND) -1,470,230.00
NET ASSETS 186,793,858.52
Value Blend Growth Size
Large
Mid
Small
Investment Style
'C' Class shares of India Advantage Fund Ltd. listed on Channel Islands Stock Exchange (CISX) with effect from 15th February 2007.
CISX Mnemonic Code - IAFC
India Advantage Fund BSE Sensex MSCI (India)
% R
etu
rns
Morningstar Rating™
iiii
M a r c h 2 0 0 8
39
0.12%
0.69%
0.94%
1.00%
1.05%
1.11%
1.64%
1.90%
2.11%
2.16%
3.07%
3.12%
3.44%
3.74%
6.61%
6.68%
6.87%
10.34%
10.69%
15.05%
17.67%
Trent Ltd - Warrants
Automobile Manufacturers
Engineering
Mining
Pharmaceuticals
Ferrous Metals
Entertainment
Pesticides
Steel
Electricals
Power
Transmission Lines
Software
Cement
Shipping
Consumer Non Durables
Telecom-Services
Construction
Petroleum Products
Industrial Capital Goods
Banks & Financial Services
34.90
55.90
33.3031.20
37.8039.80
17.1015.60
41.9043.90
0
10
20
30
40
50
60
3 Year 5 Year 10 Year Since Inception
Dividend History(For select Schemes)M a r c h 2 0 0 8
# EQUITY SCHEMES Declared Dividend Dividend Face value Cum Dividend NAV on date (%) (Rs. per unit) (Rs.) (Rs. per unit)
EQUITY SCHEMES
Birla Advantage Fund 27-Aug-99 20 2.00 10.00 33.8122-Mar-00 80 8.00 10.00 70.3728-Nov-03 30 3.00 10.00 44.8823-Jan-04 20 2.00 10.00 47.3312-Mar-04 25 2.50 10.00 46.1023-Mar-05 50 5.00 10.00 54.2516-Dec-05 50 5.00 10.00 65.89
275 27.5
Birla Dividend Yield Plus 30-May-03 8 0.80 10.00 11.8413-Jun-03 5 0.50 10.00 10.8824-Jul-03 12 1.20 10.00 11.6219-Sept-03 18 1.80 10.00 12.0931-Oct-03 10 1.00 10.00 11.8726-Dec-03 15 1.50 10.00 13.9313-Feb-04 10 1.00 10.00 12.5828-Sep-04 8 0.80 10.00 11.5724-Dec-04 14 1.40 10.00 13.7511-Mar-05 10 1.00 10.00 12.851-July-05 8 0.80 10.00 11.2628-Oct-05 8 0.80 10.00 11.9413-Jan-06 16 1.60 10.00 11.8927-April-06 10 1.00 10.00 13.0710-Oct-06 8 0.80 10.00 11.6730-April-07 8 0.80 10.00 11.201-Nov-07 10 1.00 10.00 12.77
178 17.80
Birla Equity Plan 31-Mar-00 25 2.50 10.00 30.4315-Feb-02 10 1.00 10.00 12.4517-Oct-03 15 1.50 10.00 24.8926-Mar-04 15 1.50 10.00 26.9021-Oct-05 40 4.00 10.00 42.1016-Dec-05 40 4.00 10.00 46.5017-Feb-06 40 4.00 10.00 44.54
185 18.50
Birla Index Fund 17-Oct-03 56 5.60 10.00 16.1903-Feb-04 16.5 1.65 10.00 11.9923-Mar-07 65 6.50 10.00 21.83
137.5 13.75
Birla India GenNext Fund 19-Jun-07 20 2.00 10.00 14.93
Birla India Opportunities Fund 04-Feb-00 25 2.50 10.00 28.9714-Jan-03 10 1.00 10.00 12.1627-Feb-04 60 6.00 10.00 18.6926-Oct-04 12.5 1.25 10.00 14.1716-Sep-05 40 4.00 10.00 14.90
147.5 14.75
Birla Midcap Fund 24-Jan-03 5 0.50 10.00 10.5219-Jun-03 10 1.00 10.00 11.8322-Jul-03 10 1.00 10.00 11.8124-Dec-03 60 6.00 10.00 18.358-Oct-04 12.5 1.25 10.00 13.7228-Jan-05 10 1.00 10.00 14.753-Feb-06 20 2.00 10.00 22.5922-Dec-06 35 3.50 10.00 25.9428-Dec-07 60 6.00 10.00 40.50
222.5 22.25
Birla MNC Fund 5-Feb-00 25 2.50 10.00 0.0022-Feb-02 40 4.00 10.00 27.1629-Aug-03 50 5.00 10.00 30.5818-Jan-05 50 5.00 10.00 42.8026-Aug-05 75 7.50 10.00 41.05
240 24.00
Birla Sun Life Basic Industries Fund 20-Aug-03 25 2.50 10.00 18.5331-Mar-04 25 2.50 10.00 25.7007-Oct-04 20 2.00 10.00 25.0224-Mar-06 100 10.00 10.00 35.0819-Jan-07 105 10.50 10.00 39.60
275 27.50
Birla Sun Life Buy India Fund 28-Mar-06 75 7.50 10.00 17.54
Birla Sun Life Equity Fund 30-Sept-99 30 3.00 10.00 25.8628-Mar-00 50 5.00 10.00 51.0829-Sept-00 25 2.50 10.00 28.6520-Mar-01 10 1.00 10.00 18.9728-Sept-01 10 1.00 10.00 12.7920-Mar-02 10 1.00 10.00 17.1321-Oct-02 5 0.50 10.00 14.0724-Mar-03 5 0.50 10.00 14.3730-Sept-03 10 1.00 10.00 22.9608-Mar-04 30 3.00 10.00 30.9120-Oct-04 10 1.00 10.00 30.0210-Feb-06 50 5.00 10.00 58.9423-Mar-07 100 10.00 10.00 74.4531-Aug-07 100 10.00 10.00 79.98
445 44.50
Birla Sun Life Frontline Equity Fund 29-Aug-03 10 1.00 10.00 14.4531-Mar-04 20 2.00 10.00 18.4814-Oct-04 10 1.00 10.00 16.8027-Feb-06 80 8.00 10.00 28.8828-Aug-06 60 6.00 10.00 23.5629-Jun-07 40 4.00 10.00 23.86
210 21.00
Birla Sun Life New Millennium Fund 27-Jan-06 20 2.00 10.00 11.67
Birla Sun Life Tax Relief ‘96 05-May-00 300 30.00 10.00 101.9910-Mar-04 100 10.00 10.00 125.3727-Apr-06 500 50.00 10.00 224.518-Dec-06 250 25.00 10.00 193.9419-Jan-07 260 26.00 10.00 176.5416-Mar-07 500 50.00 10.00 134.27
1910 191.00
Birla Top 100 Fund 12-Jan-07 15 1.50 10.00 16.072
Total dividend declared
since inception (Feb 24, 1995) = 275%
Total dividend declared
since inception (Feb 16, 1999) = 185%
Total dividend declared
since inception (Aug 27, 1998) = 445%
Total dividend declared
since inception (Dec 27, 1999) = 147.50%
Total dividend declared
since inception (Dec 27, 1999) = 240%
Total dividend declared
since inception (Oct 3, 2002) = 222.50%
Total dividend declared
since inception (Feb 26, 2003) = 178%
Total dividend declared since inception (Sept 18, 2002) = 137.5%
Total dividend declared
since inception (Aug 30, 2002) = 210%
Total dividend declared
since inception (Jan 15, 2000) = 275%
Total dividend declared
since inception (Mar 29, 1996) = 1910%
After payment of dividend, NAV will fall to the extent of dividend payout. Past performance is no guarantee of future results.40
Dividend History(For select Schemes)M a r c h 2 0 0 8
HYBRID & MONTHLY INCOME SCHEMES
# DEBT SCHEMES Date Face Value Dividend Dividend Cum Dividend NAV
(%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit)
#Dividend Dividend
Non Corporate Corporate
Birla Balance 17-Oct-03 10.00 15 1.50 - - 13.3220-Jan-06 10.00 50 5.00 - - 15.13
65 6.50
Birla MIP (Monthly Dividend Plan) 23-Feb-07 10.00 0.578 0.0578 0.538 0.0538 10.998730-Mar-07 10.00 0.733 0.0733 0.683 0.0683 10.930727-Apr-07 10.00 0.565 0.0565 0.526 0.0526 10.9373
25-May-07 10.00 0.551 0.0551 0.513 0.0513 11.027629-Jun-07 10.00 0.672 0.0672 0.625 0.0625 10.221827-July-07 10.00 1.120 0.1120 1.043 0.1043 11.540331-Aug-07 10.00 0.958 0.0958 0.892 0.0892 11.406328-Sep-07 10.00 0.114 0.0114 0.106 0.0106 11.583326-Oct-07 10.00 0.120 0.0120 0.111 0.0111 11.684430-Nov-07 10.00 0.146 0.0146 0.135 0.0135 11.552628-Dec-07 10.00 1.147 0.1147 1.068 0.1068 11.6693 25-Jan-08 10.00 0.120 0.0120 0.112 0.0112 11.3399 29-Feb-08 10.00 0.085 0.0085 0.079 0.0079 10.9853
Birla MIP II - Savings 5 Plan 23-Feb-07 10.00 0.460 0.0460 0.429 0.0429 10.1587(Monthly Dividend Plan) 30-Mar-07 10.00 0.590 0.0590 0.550 0.0550 10.1626
27-Apr-07 10.00 0.458 0.0458 0.426 0.0426 10.099025-May-07 10.00 0.458 0.0458 0.426 0.0426 10.125226-Jun-07 10.00 0.777 0.0777 0.723 0.0723 10.131427-July-07 10.00 0.885 0.0885 0.823 0.0823 10.232031-Aug-07 10.00 0.852 0.0852 0.793 0.0793 10.216326-Sep-07 10.00 0.065 0.0065 0.060 0.0060 10.192626-Oct-07 10.00 0.077 0.0077 0.072 0.0072 10.199130-Nov-07 10.00 0.087 0.0087 0.081 0.0081 10.199328-Dec-07 10.00 0.696 0.0696 0.648 0.0648 10.1729 25-Jan-08 10.00 0.064 0.0064 0.060 0.0060 10.1664 29-Feb-08 10.00 0.062 0.0062 0.058 0.0058 10.1916
Birla MIP II - Wealth 25 Plan 23-Feb-07 10.00 0.604 0.0604 0.563 0.0563 11.0966(Monthly Dividend Plan) 30-Mar-07 10.00 0.763 0.0763 0.711 0.0711 10.9953
27-Apr-07 10.00 0.587 0.0587 0.546 0.0546 10.989025-May-07 10.00 0.629 0.0629 0.585 0.0585 11.091529-Jun-07 10.00 0.756 0.0756 0.704 0.0704 11.253527-July-07 10.00 1.126 0.1126 1.048 0.1048 11.565831-Aug-07 10.00 0.962 0.0962 0.895 0.0895 11.349328-Sep-07 10.00 0.113 0.0113 0.105 0.0105 11.554326-Oct-07 10.00 0.119 0.0119 0.111 0.0111 11.624130-Nov-07 10.00 0.145 0.0145 0.135 0.0135 11.525528-Dec-07 10.00 1.145 0.1145 1.066 0.1066 11.7620 25-Jan-08 10.00 0.121 0.0121 0.113 0.0113 11.2126 29-Feb-08 10.00 0.084 0.0084 0.078 0.0078 10.7279
Birla Sun Life '95 Fund 31-Mar-98 10.00 10 1.00 - - 15.8830-Jun-99 10.00 20 2.00 - - 26.7828-Mar-00 10.00 50 5.00 - - 64.4413-Oct-00 10.00 30 3.00 - - 39.8509-Mar-01 10.00 20 2.00 - - 33.5015-Oct-01 10.00 20 2.00 - - 25.7026-Mar-02 10.00 20 2.00 - - 29.9930-Oct-02 10.00 10 1.00 - - 26.0128-Mar-03 10.00 10 1.00 - - 27.0010-Oct-03 10.00 10 1.00 - - 38.5922-Mar-04 10.00 30 3.00 - - 42.3125-Oct-04 10.00 20 2.00 - - 43.0210-Mar-06 10.00 25 2.50 - - 68.53
275 27.50
Birla Sun Life Monthly Income - 23-Feb-07 10.00 0.580 0.0580 0.540 0.0540 10.6311Monthly Dividend 30-Mar-07 10.00 0.482 0.0482 0.449 0.0449 10.5950
30-April-07 10.00 0.496 0.0496 0.461 0.0461 10.696931-May-07 10.00 0.673 0.0673 0.626 0.0626 10.825329-Jun-07 10.00 0.622 0.0622 0.579 0.0579 10.848031-July-07 10.00 1.152 0.1152 1.072 0.1072 11.156231-Aug-07 10.00 0.744 0.0744 0.692 0.0692 11.017728-Sep-07 10.00 0.135 0.0135 0.125 0.0125 11.182031-Oct-07 10.00 0.163 0.0163 0.152 0.0152 11.265730-Nov-07 10.00 0.140 0.0140 0.130 0.0130 11.099531-Dec-07 10.00 1.221 0.1221 1.136 0.1136 11.3372 31-Jan-08 10.00 0.075 0.0075 0.070 0.0070 10.8881 29-Feb-08 10.00 0.068 0.0068 0.063 0.0063 10.7070
Birla Sun Life Monthly Income - 29-Sep-06 10.00 1.666 0.1666 1.552 0.1552 11.2449Quarterly Dividend 29-Dec-06 10.00 1.686 0.1686 1.571 0.1571 11.1776
30-Mar-07 10.00 1.710 0.1710 1.593 0.1593 11.177729-Jun-07 10.00 0.622 0.0622 0.579 0.0579 10.848002-July-07 10.00 2.375 0.2375 2.210 0.2210 11.537828-Sep-07 10.00 0.286 0.0286 0.266 0.0266 11.831031-Dec-07 10.00 2.856 0.2856 2.658 0.2658 12.2011
After payment of dividend, NAV will fall to the extent of dividend payout. Past performance is no guarantee of future results.
Total dividend declared
since inception (Feb 10, 1995) = 275%
Total dividend declared since inception (Oct 12, 1999) = 65%
41
Dividend History(For select Schemes)M a r c h 2 0 0 8
DEBT SCHEMES
Birla Bond Index Fund 26-June-06 10.00 0.965 0.0965 0.898 0.0898 10.330515-Sep-06 10.00 1.093 0.1093 1.018 0.1018 10.374115-Dec-06 10.00 1.552 0.1552 1.446 0.1446 10.212015-Mar-07 10.00 1.546 0.1546 1.440 0.1440 10.285915-Jun-07 10.00 1.656 0.1656 1.541 0.1541 10.270617-Sep-07 10.00 0.171 0.0171 0.159 0.0159 10.247917-Dec-07 10.00 1.875 0.1875 1.745 0.1745 10.2193
Birla Dynamic Bond Fund - Retail - 30-Mar-07 10.00 1.096 0.1096 1.021 0.1021 10.2424Quarterly Dividend 02-July-07 10.00 2.165 0.2165 2.015 0.2015 10.4540
28-Sep-07 10.00 0.205 0.0205 0.191 0.0191 10.445231-Dec-07 10.00 2.073 0.2073 1.930 0.1930 10.5212 04-Feb-08 10.00 0.042 0.0042 0.039 0.0039 10.4390
Birla Gilt Plus - Liquid Plan - 26-June-06 10.00 1.294 0.1294 1.205 0.1205 10.7361(Quarterly Dividend) 15-Dec-06 10.00 1.719 0.1719 1.601 0.1601 10.8382
15-Sep-06 10.00 1.082 0.1082 1.008 0.1008 10.719315-Mar-07 10.00 1.725 0.1725 1.607 0.1607 10.793815-Jun-07 10.00 1.736 0.1736 1.616 0.1616 10.551117-Sep-07 10.00 0.180 0.0180 0.168 0.0168 10.703217-Dec-07 10.00 1.602 0.1602 1.491 0.1491 10.6626
Birla Gilt Plus - PF Plan 26-June-06 10.00 1.403 0.1403 1.307 0.1307 10.6278(Quarterly Dividend) 15-Dec-06 10.00 1.590 0.1590 1.481 0.1481 10.8360
15-Sep-06 10.00 1.228 0.1228 1.143 0.1143 10.642215-Mar-07 10.00 1.614 0.1614 1.503 0.1503 10.585315-Jun-07 10.00 1.677 0.1677 1.561 0.1561 10.305917-Sep-07 10.00 0.186 0.0186 0.173 0.0173 10.593017-Dec-07 10.0 1.817 0.1817 1.691 0.1691 10.6516
Birla Gilt Plus - Regular Plan 26-June-06 10.00 1.478 0.1478 1.376 0.1376 11.0499(Quarterly Dividend) 15-Dec-06 10.00 1.886 0.1886 1.756 0.1756 11.1872
15-Sep-06 10.00 1.377 0.1377 1.282 0.1282 11.053815-Mar-07 10.00 1.693 0.1693 1.576 0.1576 11.167915-Jun-07 10.00 1.990 0.1990 1.852 0.1852 10.907717-Sep-07 10.00 0.234 0.0234 0.218 0.0218 11.376217-Dec-07 10.00 2.180 0.2180 2.029 0.2029 11.4187
Birla Income Plus 26-June-06 10.00 1.228 0.1228 1.143 0.1143 10.2443(Monthly Dividend) 15-Sep-06 10.00 1.081 0.1081 1.007 0.1007 10.2751
15-Dec-06 10.00 1.537 0.1537 1.431 0.1431 10.328115-Mar-07 10.00 0.930 0.0930 0.866 0.0866 10.106415-Jun-07 10.00 1.529 0.1529 1.423 0.1423 10.221817-Sep-07 10.00 0.181 0.0181 0.169 0.0169 10.570417-Dec-07 10.00 2.031 0.2031 1.890 0.1890 10.7758
Birla Sun Life Govt. Securities - 15-Sep-06 10.00 2.236 0.2236 2.083 0.2083 10.4759Long Term Dividend 15-Mar-07 10.00 3.113 0.3113 2.899 0.2899 10.4817
17-Sep-07 10.00 0.316 0.0316 0.294 0.0294 10.3774
Birla Sun Life Govt. Securities - 26-Jun-06 10.00 1.228 0.1228 1.143 0.1143 10.1985Short Term Dividend 15-Dec-06 10.00 1.194 0.1194 0.112 0.0112 10.3763
15-Sep-06 10.00 0.978 0.0978 0.911 0.0911 10.155915-Mar-07 10.00 1.440 0.1440 1.341 0.1341 10.370215-Jun-07 10.00 1.352 0.1352 1.258 0.1258 10.176817-Sep-07 10.00 0.161 0.0161 0.150 0.0150 10.311017-Dec-07 10.00 1.546 0.1546 1.439 0.1439 10.2972
Birla Sun Life Income Fund- 15-Sep-06 10.00 2.960 0.2960 2.750 0.2756 10.7997Half Yearly Dividend 15-Mar-07 10.00 3.191 0.3191 2.971 0.2971 10.8886
17-Sep-07 10.00 0.376 0.0376 0.350 0.0350 11.2454
Birla Sun Life Income Fund - 15-Sep-06 10.00 1.278 0.1278 1.188 0.1188 10.2664Quarterly Dividend 15-Dec-06 10.00 1.644 0.1644 0.153 0.0153 10.4492
26-Jun-06 10.00 0.148 0.0148 0.137 0.0137 10.258115-Mar-07 10.00 1.552 0.1552 1.446 0.1446 10.344415-Jun-07 10.00 1.776 0.1776 1.653 0.1653 10.263217-Sep-07 10.00 0.197 0.0197 0.183 0.0183 10.653417-Dec-07 10.00 2.047 0.2047 1.905 0.1905 10.8291
Birla Sun Life Liquid Plus - 28-Dec-07 10.00 0.522 0.0522 0.486 0.0486 10.0940Institutional Monthly Dividend 25-Jan-08 10.00 0.052 0.0052 0.048 0.0048 10.0987
29-Feb-08 10.00 0.067 0.0067 0.062 0.0062 10.1225
Birla Sun Life Liquid Plus - 28-Dec-07 10.00 0.504 0.0504 0.469 0.0469 10.0855Retail Monthly Dividend 25-Jan-08 10.00 0.050 0.0050 0.046 0.0046 10.0899
29-Feb-08 10.00 0.064 0.0064 0.059 0.0059 10.1117
Birla Sun Life Short Term Fund - 28-Dec-07 10.00 0.554 0.0554 0.515 0.0515 10.5859Monthly Dividend 25-Jan-08 10.00 0.075 0.0075 0.070 0.0070 10.6120
29-Feb-08 10.00 0.033 0.0033 0.031 0.0031 10.5686
Non Corporate Corporate
# DEBT SCHEMES Date Face Value Dividend Dividend Cum Dividend NAV (%) (Rs. per unit) (%) (Rs. per unit) (Rs. per unit)
#Dividend Dividend
After payment of dividend, NAV will fall to the extent of dividend payout. Past performance is no guarantee of future results.42
Methodology of RankingM a r c h 2 0 0 8
#Value Research Ratings
@ ICRA – Ranking Methodology and Disclaimer
+ ICRA mfAAA and mfA1+ Rating Methodology for Birla Floating Rate (Short Term & Long Term) and Birla Cash Plus Respectively
* AAAf: CRISIL AAAf Rating Methodology for Birla Sun Life Liquid Plus, Birla Income Plus and Birla Sun Life Cash Manager, Birla Sun Life Income Fund
^^Crisil CPR – Ranking Methodology & Disclaimer
The Ratings are a Composite Measure of historical Risk-Adjusted Returns. For Equity and Hybrid Funds, Ratings for the two time periods (3 and 5 years) are combined to give a single assessment of each fund’s risk rating vis-à-vis other funds in the category. For Debt funds and Long & Medium-term Gilt funds, the Ratings are arrived at by combining the assessment for 2 time periods (18 months and 3 years), based on weekly risk-adjusted performance. For Short-term and Ultra Short-term debt funds and Short-term Gilt funds, the Ratings are based on 18-month weekly risk-adjusted performance, relative to the other funds in category. Entry/Exit Loads not considered.5-stars indicate that fund is in top 10% of its category. 4-stars indicate that fund is in next 22.5% of its category. Following is the number of schemes in each category: Equity Diversified (203), Equity: Index (24), Equity Tax Planning (30), Hybrid: Equity Oriented (32), Hybrid: Debt Oriented (31), Hybrid: Monthly Income (39), Debt: MT (51), Debt: ST (24), Debt: Ultra ST (51), Debt: Ultra ST-Inst. (55), Debt: Floating Rate ST (30) Debt: Floating Rate LT (13), Gilt: Medium and LT (44), Gilt: ST (18). Fund Ratings are as on 29 February ’08. Ranking Source: www.valueresearchonline.com
Birla Sun Life Short Term Fund - Growth (Category: Liquid Plus Scheme, No of Schemes = 26) & Birla Income Plus - Growth (Category: Debt Long Term, No of Schemes = 18) are ranked 7 - Star at ICRA Mutual Funds Awards 2007 for 1 yr performance for period ended 31 Dec. ’07. Ranks are based on in-depth analysis of critical parameters, including: risk-adjusted performance; portfolio concentration characteristics; liquidity; corpus size; average maturity; and portfolio turnover. Entry/Exit Loads not considered. Ranking Source & Publisher: ICRA Online.
Birla Floating Rate Fund – Short Term & Birla Floating Rate Fund – Long Term: The credit risk rating assigned to the schemes is mfAAA. The rating is the highest-credit-quality rating assigned by ICRA to debt funds. Birla Cash Plus: The credit risk rating assigned to the scheme is mfA1+. The highest-credit-quality short-term rating assigned by ICRA to debt funds.Rating methodology used by ICRA is based on evaluating the inherent credit quality of the funds portfolio. As a measure of the credit quality of a debt fund’s assets, ICRA uses the concept of ”credit scores”, based on ICRA’s assessment of credit risk associated with each exposure of the portfolio taking into account its maturity, investment objectives and policies, its management characteristics and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. Source: ICRA Ltd.
AAAf The fund’s portfolio holdings provide very strong protection against losses from credit defaults.The credit quality ratings are based on an analysis of the fund’s investment philosophy, its management, investment strategies, operational policies and internal controls. Credit quality incorporates the credit risk of securities and the counter-party risk involved in transactions CRISIL has developed a Credit Quality Matrix to evaluate a bond fund’s overall level of protection against losses associated with credit default. The matrix is a set of credit factors & credit scores derived scientifically from CRISIL’s rating default and transition rates over past ten years. Ranking source: CRISIL FundServices, CRISIL Ltd.
Birla Sun Life Basic Industries Fund: CRISIL~CPR 2 - in Diversified Equity Scheme Category (73 schemes)Birla Sun Life Frontline Equity Fund: CRISIL~CPR 2 - Large Cap Oriented Equity Scheme Category (31 Schemes). Birla Sun Life Income Fund: CRISIL~CPR 1 - Income Scheme Category (18 Schemes).Birla Sun Life Monthly Income: CRISIL~CPR 1 - MIP Conservative Scheme Category (10 schemes)Birla Sun Life New Millennium Fund: CRISIL~CPR 2 - Sectoral IT Scheme Category (7 schemes)Birla Sun Life Short Term Fund: CRISIL~CPR 1 - Debt ST Scheme Category (17 Schemes).Birla Sun Life Tax Relief ‘96: CRISIL~CPR 2 - ELSS Category (19 schemes)Birla Cash Plus - Retail: CRISIL~CPR 2 - Liquid Scheme Category (25 schemes)Birla Cash Plus - Institutional: CRISIL~CPR 2 - Liquid Inst. Scheme Category (13 schemes)Birla Cash Plus: Institutional Premium: CRISIL~CPR 2 - Liquid Super Inst. Scheme Category (16 Schemes).Birla Gilt Plus – Regular Plan: CRISIL~CPR 2 - Gilt Scheme Category (13 schemes)Birla Income Plus: CRISIL~CPR1 - Income Scheme Category (18 schemes)Birla Midcap Fund: CRISIL~CPR 2 - Diversified Equity Scheme Category (73 schemes)Birla MIP: CRISIL~CPR2 - MIP Conservative Scheme Category (10 Schemes)CRISIL~Composite Performance Ranking - (CRISIL~CPR) is the relative performance ranking of mutual fund schemes within the peer group. The criteria used for computing the ranking are AUM in excess of category cut-off limits & portfolio disclosure and performance in case of Liquid Plans, Floating Rate and Debt-Short Term – Last 1 years; All other Schemes – Last 2 years. Fund Ratings are as on 31 December ’07. Ranking is done on the following parameters depending on scheme category.
CRISIL~CPR 1 - indicates “Very Good" performance & ranks within top 10% of the respective category.CRISIL~CPR 2 - indicates “Good" performance & ranks within top 30% of the respective category. Ranking Source: Crisil FundServices, CRISIL Limited
Birla Sun Life ‘95 Fund – Growth (BSL‘95): Best Fund - 10 yr performance (1997 - 2007), Mixed Asset INR Aggressive, No. of schemes: 6Birla Sun Life Income Fund - Growth (BSLIF): Best Fund - 3yr (2004 - 2007) & 10 yr (1997 - 2007) performance, Bond INR - General, No. of schemes: 100Birla Gilt Plus - Regular Growth (BGP-Reg): Best Fund - 5 yr performance (2002 - 2007), Bind INR Govt, No. of Schemes: 35Birla Sun Life Tax Relief '96 (BSLTR'96): 3rd Rank (Top Performing Equity funds in the world) - 10 yr performance (1997 - 2007), Equity Funds, No. of Schemes: 6302BSL’95, BSLIF & BGP - Reg are awarded the Lipper Award 2008 and BSL TR96 has been ranked 3rd among the top 100 equity funds in the world on the basis of Consistent Return (Effective Return) value. Entry/Exit load not considered. Ranking source: Lipper - A Reuter Company
Standard & Poor’s A: The fund demonstrates high standards of quality based on its investment process, risk awareness and consistency of performance relative to its own objectives. Ranking Methodology: The Fund has provided consistent, above average, risk-adjusted returns relative to its peers over a three-year period ending December 31, 2006. The Fund is assessed by S&P on basis of quantitative factors viz. historical performance for consistency, discrete period performance comparisons and measurement over 3 discrete twelve-month periods, including 6 month moving average size, turnover, dealing, liquidity of portfolio, gearing, client base, cost, fees and on evaluation of qualitative factors viz. fund management group, portfolio manager and investment team that contributes to long term performance.
Birla Sun Life Mutual Fund - Mutual Fund of the Year: Birla Sun Life Mutual Fund won the CNBC TV18 - CRISIL Mutual Fund of the Year Award in the Category – Mutual Fund of the Year. In total 26 fund houses were eligible for the award universe. Fund Houses winning at least two awards for their schemes in the category level awards for 2007 were considered for the award. The award is based on consistency of fund house’s performance across various scheme categories in the four quarterly CRISIL CPR rankings released during the calendar year 2007. The individual CRISIL CPR ranks for their schemes were aggregated on a weighted average basis to arrive at the final ranks for fund houses.Birla Infrastructure Fund – Growth - Emerging Equity Fund of the Year: Birla Infrastructure Fund - Growth was the only scheme that won the CNBC TV18 - CRISIL Mutual Fund of the Year Award in the Emerging equity Fund of the year category. In total 14 schemes were eligible for the award universe. Open ended equity schemes having a one to two year track record as on December 31, 2007 and fulfilling CRISIL’s eligibility criteria on disclosure were considered for the award. The award is based on the scheme’s performance using the analytical approach of the CRISIL CPR rankings having the analysis period as the year 2007. Birla Sun Life Frontline Equity Fund (Large Cap oriented Equity Fund), 22 Schemes: Among 2 winnersBirla Sun Life Income Fund (Income Funds), 17 schemes: Only winnerBirla Sun Life Monthly Income (Monthly Income Plans – Conservative), 9 schemes: Only winnerBirla Sun Life Short Term Fund (Income – Short Term Funds), 12 schemes: Only winnerSchemes present in all four quarter CRISIL CPRs were considered for the award. The award is based on consistency of scheme’s performance in the four quarterly CRISIL CPR rankings released during the calendar year 2007. The individual CRISIL CPR parameter scores averaged for the four quarters were further multiplied by the parameter weight as per the CRISIL CPR methodology to arrive at the final scores. A detailed methodology of the CRISIL CPR is available at www.crisil.com. Past performance is no guarantee of future results. Rankings and Award Source: CRISIL FundServices, CRISIL Ltd.
& Lipper Awards 2008 – Award Methodology & Disclaimer
@@ S & P Fund Management Rating
CNBC TV18 - CRISIL Mutual Fund of the Year Award for 2007 - Award Methodology & Disclaimer
Parameters Scheme CategorySuperior Return Score Large Cap Oriented Equity, Diversified Equity, ELSS, Sectoral-IT, Debt, Balance, Monthly Income
Plan (Aggressive & Conservative) and Gilt categories.Mean Return and Volatility Liquid Plans, Floating Rate and Debt- Short term schemesPortfolio Concentration Analysis All SchemesLiquidity Analysis All SchemesAsset Quality Debt SchemesAverage Maturity Debt SchemesDownside Risk Probability Debt- Short Term, Floating Rate Funds, Liquid, Liquid- Institutional & Super Institutional.Asset Size Debt- Short Term, Floating Rate Funds, Liquid, Liquid- Institutional & Super Institutional.
For further details on our Funds, please contact our Customers Service Centres at details given below.
BIRLA SUN LIFE AMC LTD. BRANCHES
Disclaimer: Any information contained in this publication does not constitute and shall be deemed not to constitute an advice, an ofBirla Sun Life AMC Ltd./ its subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of any information that may be displayed in this publication from time to time. Recipients of the information contained herein should exercise due care and caution and read the offer documents (including if necessary, obtaining the advice of tax / legal / accounting / financial / other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained herein.Editorial opinions expressed in the 'Connect' are not necessarily those of Birla Sun Life AMC Ltd. or any of their officers, employees, personnel, directors and Birla Sun Life AMC Ltd. and its officers, employees, personnel, directors do not accept responsibility for the editorial content. Birla Sun Life AMC Ltd. or any of its officers, employees, personnel, directors make no representation as to the accuracy, completeness or reliability of the editorial content and hereby disclaim any liability with regard to the same.
fer to sell/ purchase or as an invitation or solicitation to do so for any securities of any entity, and further,
Statutory Details: Constitution: Birla Sun Life Mutual Fund (BSLMF) has been set up as a Trust under the Indian Trust Act, 1882. Sponsors: Aditya Birla Nuvo Limtied and Sun Life (India) AMC Investments Inc. (liability restricted to seed corpus of Rs. 1 Lac). Trustee: Birla Sun Life Trustee Company Pvt. Ltd. Investment Manager: Birla Sun Life Asset Management Company Ltd.Risk Factors: Mutual Funds and securities investments are subject to market risks and there can be no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme may go up or down depending on the various factors and forces affecting capital markets and money markets. Past performance of the Sponsor / Investment Manager / Mutual Fund does not indicate the future performance of the Schemes and may not necessarily provide a basis of comparison with other investments. The names of the Schemes do not, in any manner, indicate either the quality of the Schemes or their future prospects or returns. Unitholders in the schemes are not being offered any guaranteed/assured returns. Please refer to the Addendum / Offer Document for scheme specific risk factors before investing. Investors should read the Offer Document/ Key Information Memorandum available at Investor Service Centers and with distributors carefully before investing.
The Material provided in the Connect cannot be reproduced or quoted anywhere without express permission from Birla Sun Life Asset Management Company Ltd.
AGRA : 0562-2524409
AHMEDABAD : 079-2640 3553 /48
ALLAHABAD : 0532-2427014 /15 /3201661
AURANGABAD : 9822098181
BANGALORE : 080-2238 9991 / 2 / 3
BARODA : 0265-658 2984 / 2986
BHUBANESHWAR : 0674-253 5521 / 3413
CHANDIGARH : 0172-274 9172 / 73
CHENNAI : 044-4204 5003 / 2819 1681 / 4204 5002/ 2811 6610
COCHIN : 0484-238 3969 / 236 6817
COIMBATORE : 0422-435 0262 / 64
DEHRADUN : 9814131731
GOA : 0832-243 7628 / 29
GURGOAN : 9899106863
GUWAHATI : 0361-259 5020 / 259 9273
INDORE : 0731-504 0496 / 253 4502 / 504 6789
JAIPUR : 0141-238 9082 / 9115 / 511 6883
JALANDHAR : 9914464497
JAMSHEDPUR : 9334390070
KANPUR : 0512-233 1116 / 1121 / 324 6000
KOLKATA : 033-2288 2592 /94 /95/ 2288 2616/2614
LUCKNOW : 0522-409 4110 / 11 / 323 6000
LUDHIANA : 0161-508 8847 / 277 1217
MADURAI : 0452-2382566 / 67
MUMBAI (FORT) : 022-6637 9999
MUMBAI (GHATKOPAR) : 022-3268 1373
MUMBAI (HEAD OFFICE) : 022-6692 8000
MUMBAI (PRABHADEVI) : 022-6666 1035 / 36
NAGPUR : 0712-663 0899 / 4300
NASHIK : 9823318034
NEW DELHI : 011-2332 3070
PATNA : 0612-220 7022 / 23 / 389 0873
PUNE : 020-66011865 / 66 / 67
RAIPUR : 0771-4266894
SECUNDARABAD : 040-6531 1052 / 3580 / 2772 1818
SURAT : 0261-658 1707 / 1708
TRIVANDRUM : 9447451715
UDAIPUR : 9828215143
VARANASI : 0542-222 7755 / 56
VISHAKAPATNAM : 9440301681
43