Edelweiss Fund Insight: March 2010

Sectoral ownershipTable below elaborates sectoral ownership of the top 10 fund houses sorted on the basis of equity AUM.Figures in green indicate over-ownership and those in red indicate under-ownership in a particular sector comparedwith the BSE 100.(%)FranklinSundaramIndustry BSE100 Birla SL DSP BR Templeton HDFC ICICI Pru Reliance SBI BNPP Tata UTIBanking & Finance 21.64 18.32 17.34 22.38 25.20 22.18 16.99 14.02 12.28 17.28 18.95Oil & Gas 15.62 10.88 17.71 14.13 12.45 16.64 14.63 14.04 13.72 11.50 16.08IT 10.87 10.64 5.83 7.29 7.52 9.25 6.85 6.10 7.43 8.95 8.89Metals 10.23 6.30 3.51 8.18 1.07 5.70 8.42 6.70 7.42 9.56 8.22Cap Goods & Engg 8.71 16.51 18.94 11.61 15.36 10.57 13.98 17.34 20.95 21.15 17.28FMCG 7.08 9.06 7.36 6.66 10.67 6.37 8.13 9.25 9.86 6.08 8.72Cement & Construction 6.87 2.59 1.81 4.40 0.11 2.04 2.05 6.15 1.90 2.44 3.27Auto 5.24 5.36 2.99 5.14 4.66 2.71 3.75 3.14 4.74 3.99 4.55Power 4.31 6.80 7.12 1.62 2.12 8.70 9.11 8.22 8.10 5.52 6.40Pharma 3.69 4.57 6.76 4.42 10.92 5.41 8.31 4.90 5.32 3.56 3.09Telecom 3.45 1.50 1.09 6.76 0.92 5.92 1.34 3.28 0.91 2.13 0.70Diversified 1.54 3.85 4.70 3.76 4.40 1.77 3.26 3.18 3.67 6.26 1.47Chemicals 0.59 1.89 2.41 2.91 1.68 2.34 2.43 2.64 2.63 1.48 1.31Cons Durables 0.16 1.73 2.43 0.74 2.93 0.39 0.77 1.04 1.07 0.10 1.06Source: ACE MF, Edelweiss researchBanking and oil & gas have been clear favourites among the domestic mutual funds. Allocations to these industrieshave increased significantly over the previous month.18