Edelweiss Fund Insight: March 2010

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Fund flows remain positive for the second consecutive monthAfter turning positive last month, flows into equityschemes stayed green in February as well.Redemptions in equity schemes have come downsignificantly.2,040Components of equity AUM change18.50 (10.50)Mutual funds saw an inflow of INR 18.50 bn (net ofNFOs + existing schemes – redemptions) inFebruary.INR bn2,0002,0082,016Redemptions were at INR 36.36 bn during themonth against INR 71 bn in January.Equity AUM rose by ~INR 8 bn in February. Of thecomponents of equity AUM change, net flows wereat INR 18.50 bn (inflow), while capital under Equity NFOsinvestment fell by ~INR 10.50 bn.After a rather active January, NFOs remaineddormant in February.61,960AUM as on 31-Jan-10(INR bn)Net InflowTotalamountCapitalAppreciationNo ofissuesJan-10 15.90 3Dec-09 0.01 1Nov-09 2.30 1Oct-09 0.00 0Sep-09 9.12 6Aug-09 0.82 3Jul-09 23.94 2Jun-09 0.00 1May-09 8.13 2Apr-09 0.04 1Mar-09 0.50 1Feb-09 0.02 1Jan-09 0.04 2Source: AMFIAUM as on 26-Feb-10
Fund-wise AUMTotal AUM in INR bn%Ch ChangeRankEquity AUM in INR bn%Ch ChangeRankFund House Feb-10 Jan-10 M-o-M ChangeFund House Feb-10 Jan-10 M-o-M ChangeReliance 1,158 1,172 -1 Reliance 331 327 1 HDFC 951 948 0 HDFC 253 246 3 ICICI Pru 805 784 3 UTI 228 230 -1 UTI 793 745 6 SBI 172 178 -3 Birla SL 663 626 6 Franklin Templeton 133 131 2 LIC 465 474 -2 ICICI Pru 132 138 -4 Kotak 405 369 10 DSP BR 102 102 0 SBI 361 366 -2 Birla SL 98 99 -1 Franklin Templeton 340 330 3 Sundaram BNPP 89 91 -2 IDFC 266 248 7 Tata 50 50 0 Others 1,477 1,347 10 Others 233 230 1Note: Total Corpus include Equity, Debt, GILT, Balanced, Liquid & other Funds 1,820 1,8227,683 7,410Debt AUM in INR bn % Change RankGilt AUM in INR bn % Change RankFund House Feb-10 Jan-10 M-o-M ChangeFund House Feb-10 Jan-10 M-o-M ChangeReliance 710 629 13 UTI 10 10 -7 HDFC 486 500 -3 HDFC 7 9 -19 UTI 476 436 9 ICICI Pru 7 18 -60 ICICI Pru 472 552 -14 Reliance 6 9 -41 Birla SL 408 362 13 SBI 4 4 9 LIC 314 299 5 Tata 2 2 6 Kotak 296 287 3 LIC 2 2 -1 IDFC 222 196 13 Birla SL 2 9 -80 Franklin Templeton 168 170 -1 IDFC 2 2 5 SBI 141 153 -8 Kotak 1 1 -20 Others 785 851 -8 Others 4 5 -21 Rank Unchanged Rank Improved Rank Declined 46 71 Sources: ACE MFNote:• Ranks are assigned on the descending order of AUM & change in rank is over the previous month.• AUM stated above are the average figures for the month7
Page 1: Strictly Private and ConfidentialEd
Page 4 and 5: 4Trend in AUM
Page 8 and 9: Fund performanceBenchmark IndexM-o-
Page 10 and 11: Mutual funds: Net sellers for the m
Page 12 and 13: AMC-wise cash levels: Equity scheme
Page 14 and 15: Mid-cap funds: Cash balances drift
Page 16 and 17: 16Sectoral Allocation
Page 18 and 19: Sectoral ownershipTable below elabo
Page 20 and 21: Top holdingsLarge Cap FundsMid Cap
Page 22 and 23: Hot/Cold stocksTable below elaborat

Edelweiss Fund Insight: March 2010

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