Edelweiss Fund Insight: March 2010

AMC-wise cash levels: Equity schemesINR bnAMCAUMEquityallocationCashholdingOtherinstrumentsCash as a% of AUM AMC AUMEquityallocationCashholdingOtherinstrumentsCash as a% of AUMReliance MF 352.16 322.97 27.01 2.19 7.67 Kotak MF 31.20 27.46 1.39 2.35 4.45HDFC MF 217.07 206.09 10.89 0.10 5.02 Principal Pnb MF 21.28 20.28 1.00 (0.00) 4.69UTI MF 206.27 188.77 16.75 0.75 8.12 Morgan Stanley MF 20.76 20.36 0.40 0.00 1.94SBI MF 178.07 164.97 12.17 0.94 6.83 JM MF 17.16 16.20 0.68 0.29 3.97ICICI Pru MF 137.44 121.48 15.61 035 0.35 11.36 LIC MF 11.20 10.76 044 0.44 000 0.00 395 3.95Franklin Templeton MF 130.78 125.41 5.25 0.12 4.01 JP Morgan MF 9.28 8.36 0.33 0.59 3.58DSP BR MF 123.67 97.29 5.69 20.69 4.60 Canara Robeco MF 9.10 8.51 0.38 0.21 4.15Birla SL MF 98.70 91.46 5.66 1.57 5.74 Axis MF 8.74 6.59 0.84 1.32 9.56Sundaram BNPP MF 95.49 87.85 6.41 1.23 6.71 Benchmark MF 8.69 8.66 0.02 0.00 0.29Tata MF 49.09 47.06 2.07 (0.05) 4.23 AIG MF 8.16 5.19 0.87 2.10 10.63IDFC MF 35.35 30.49 3.96 0.90 11.19 ING MF 6.16 3.56 0.28 2.32 4.50HSBC MF 31.45 28.31 2.28 0.86 7.26 Religare MF 5.66 5.00 0.54 0.12 9.50Source : ACE MF, Edelweiss researchNote: The data is sorted in descending order of AUM (Asset under management). AUM for each fund house is the total AUM of equity schemes (Growth) at the end of the month.Total cash balances across AMCs is currently ~INR 123 bn (~6.70% of the total corpus).12