FRANKLIN INDIA FLEXI CAP

ASSETS UNDER MANAGEMENT (Rs. In crores) 2271.5

SCHEME INCEPTION DATE Feb-05
RETURN(%)
YEAR TO DATE 19
1 YEAR 30.79
2 YEAR 32.36
3 YEAR 12.21
RISK
S.D. 34.23
SHARPE RATIO 0.32
b 0.94
R2 0.94
a 3.42
BENCH MARK S&P CNX 500
PORTFOLIO
NUMBER OF STOCKS 40
PORTFOLIO P/B RATIO 3.38
PORTFOLIO P/E RATIO 19.19
EXPENSE RATIO 1.88
FUND MANAGER K.N.Siva Subramanian
TOP 10 STOCKS IN THE PORTFOLIO BHARTI AIRTEL
ICICI BANK
FEDERAL BANK
INFOSYS TECHNOLOGIES
GUJARAT STATE PETRONET
IBN 18 BROADCAST
CUMMINS INDIA
STERLITE INDUSTRIES
CROMPTON GREAVES
M&M FINANCIAL SERVICES

TOP SECTORS OF THE SECTORAL FINANCIAL

COMPOSITION SERVICES
METALS
COMMUNICATION
COMMENTS
Portfolio is based on a blend of
growth and value stocks with a bias
towards large capitalisation.
Financial, Services, Metals,
Communication and Engineering are
top sectoral exposures & account for
appx 70% of the portfolio.
Over a three year horizon the Fund
has outperformed S&P
500(Benchmark) and CNX Nifty with a
decent margin eventhough, the
Portfolio Beta value is 0.94 and
hence the Fund has given higher
returns for assuming lower risk. This
performance is possible due to an
alpha value of 3.42.
The Fund has a Sharpe ratio of 0.32,
which translates to excess risk
weighted return of 10.95%.
The Fund has a SD of 34.23% which
indicates low risk considering that
93% of the Portfolio is invested in
Equity and there is 7% Cash.
The value of R2 of the fund is 0.94
indicating that 94% of the returns can
be explained by the movement in
market returns.
FRANKLIN
INDIA PRIMA ICICI PRUDENTIAL ICICI PRUDENTIAL
PLUS DYNAMIC EMERGING STAR
1861.9 2498.6 448.4
Sep-94 Oct-02 Oct-04

19.21 16.04 23.88

29.64 30.71 43.53
26.56 26.15 23.43
12.3 13.79 3.58

32.62 29.89 42.51

0.34 0.38 0.17
0.9 0.81 1.1
0.95 0.92 0.84
3.72 4.85 -1.72
S&P CNX 500 S&P CNX NIFTY CNX Nifty Junr

52 48 54
4.42 3.74 4.02
21.1 19.82 18.34
1.93 1.91 2.28
Sukumar Rajah Sankaran Naren Munzal Shah
BHARTI AIRTEL INFOSYS TECHNOLOGIES TRF
ICICI BANK RELIANCE INDUSTRIES ORACLE FIN SER
INFOSYS BHARTI AIRTEL SOFTWARE
TECHNOLOGIES ICICI BANK VOLTAS
KOTAK BHEL LUPIN
MAHINDRA ONGC ECLERX SERVICES
BANK CADILLA HEALTHCARE BANK OF BARODA
IBN 18 IPCA LABS COROMANDEL INT
BROADCAST ORACLE FIN SER EXIDE INDUSTRIES
GRASIM SOFTWARE IPCA LABS
INDUSTRIES PUNJAB NATIONAL BANK AHLUWALIA CONTRACTS
IDEA CELLULAR
HDFC BANK
CUMMINS INDIA
BOSCH

FINANCIAL FINANCIAL ENGINEERING

SERVICES ENERGY FINANCIAL
COMMUNICATIO TECHNOLOGY DIVERSIFIED
N HEALTHCARE CHEMICALS
ENERGY
Portfolio is based Portfolio is based on growth Portfolio is based on growth
on a blend of stocks with a bias towards stocks with a bias towards
growth and value large capitalisation. medium capitalisation.
stocks with a bias Financial, Energy, Engineering, Financial,
towards large Technology and Healthcare Diversified and Chemicals
capitalisation. are top sectoral exposures & are top sectoral exposures &
Financial, account for 47% of the account for appx 47% of the
Services, portfolio. portfolio.
Communication Over a three year horizon the Over a three year horizon the
and Engineering Fund has outperformed S&P Fund has been an
top sectoral 500 and CNX underperformer in
exposures & Nifty(Benchmark) with a comparison with the S&P
account for appx decent margin. The Portfolio 500 and CNX Nifty.The
53% of the Beta value is 0.81 and Portfolio Beta value is high at
portfolio. hence the Fund has given 1.10 indicating higher risk
Over a three year higher returns for assuming which is not translating into
horizon the Fund lower risk. This performance higher return due to the
has outperformed is possible due to a good negative alpha value.
S&P alpha value of 4.85. The Fund has a Sharpe ratio
500(Benchmark) The Fund has a Sharpe ratio of 0.17, which translates to
and CNX Nifty of 0.38, which translates to excess risk weighted return
with a decent excess risk weighted return of 7.23%.
margin of 11.36%. The Fund has a SD of
eventhough, the The Fund has a SD of 42.51% which is quite high.
Portfolio Beta 29.89% which indicates low 92% of the Portfolio is
value is 0.95 and risk. However,there is a invested in Equity and there
hence the Fund significant amount of is 8% Cash, which is
has given higher cash(28%) in the Fund which dragging down the returns
returns for needs to be further looked further.
assuming lower into.Remaining 72% of the The value of R2 of the fund is
risk. This Portfolio is invested in 0.84 which is low and
performance is Equity. indicates that 84% of the
possible due to The value of R2 of the fund is returns is explained by the
an alpha value of 0.92 indicating that 92% of movement in market returns.
3.72. the returns are explained by
The Fund has a the movement in market
Sharpe ratio of returns.
IDFC PREMIER EQUITY
PLAN A
1678.5
Sep-05

32.11
53.18
39
23.9

35.47
0.66
0.93
0.86
15.86
BSE 500

16
6.89
39.41
1.19
Kenneth Andrade
ASIAN PAINTS
COROMANDEL
INTERNATIONAL
BAJAJ ELECTRICALS
SUN TV NETWORK
SHRIRAM TRANSPORT
FINANCE
IRB INFRASTRUCTURE
DEVELOPMENT
GLAXO CONSUMER
HEALTHCARE
PAGE INDUSTRIES
PETRONET LNG
MOTHERSON SUMI
SYSTEMS

SERVICES
CHEMICALS
FMCG
ENERGY
Portfolio is based on a blend
of growth socks with a bias
towards medium
capitalisation.
It is a very concentrated
portfolio with only 16 stocks
and a very high Sharpe ratio
of 0.66 indicates excellent
stock selection.
Services, Chemicals, FMCG,
Energy and Others are top
sectoral exposures &
account for appx 70% of the
portfolio.
Over a three year horizon the
Fund has outperformed S&P
and CNX Nifty by a
substantial margin.The
Portfolio Beta value is 0.86
and hence the Fund has
given higher returns for
assuming lower risk. This
performance is attributable in
a large measure to an
excellent alpha value of
15.86.
The Fund has a Sharpe ratio
of 0.66, which translates to
excess risk weighted return
of 23.39%.
The Fund has a SD of
35.47% which indicates low
risk considering that 90% of
the Portfolio is invested in
Equity, 9% in Debt and there
is 1% Cash.
The value of R2 of the fund is