ELLIOTT WAVE

A flat correction differs from a zigzag in that the subwave sequence is 3-3-5, as shown in Figures 1 and 2. Since the first actionary wave,

Fibonacci studies: arcs, fans, retracements, and time

Overview: Leonardo Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered..

Indicator

The Negative Volume Index (“NVI”) focuses on days where the volume decreases from the previous day. The premise being that the “smart money” takes positions on days when volume decreases

Basic Technicals

MACD technical analysis MACD technical analysis stands for moving average convergence/divergence analysis of stocks.

Fundamental Analysis

Doubling Stocks Review: Is this a scam? If you are looking for the truth about doubling stocks this is a necessity. One always thought there was something wrong with a doubling of stocks.

Friday, August 12, 2011

Commodity

The commodities have been classified into various types, just for the sake of ease in trading, ease in research and making the trading process an even simpler process.



Energies: This is one of the most active sectors when it comes to trading. It includes the energy-producing resources like crude oil, fossil oil, heating oil, propane, natural gas, coal, etc. These being the most profitable and volatile commodities, the exchanges have set up a lower limit for their trading.

Metals: This category consists of the popular metals which are traded as commodities on the exchange. Thus most of the metals like iron, copper, zinc, aluminum, silver, gold etc are traded on the metals index.

Types Of Commodities Grains: The next most actively traded thing which belongs to the list of commodity types are grains. This includes sugar, soybeans, cotton, rice, cocoa, wheat, corn and the list can also include many other agricultural products. So this category includes the largest amount of commodities.

Softs: This type includes materials like coffee, hot chocolate, banana, refined sugar, cotton wool and orange juice as the name ‘softs’ suggests the non volatile nature of these commodities. But the most important commodity in this type is Coffee, Refined sugar and Hot chocolate Exchange or CSCE, and it takes up a bulk of the trading volume in this category.

Meat: Meat has always remained a popular commodity. This includes live cows, pork, poultry, etc. These are the least volatile among commodities.

Financials: The last but not the least type when it comes to commodities. This type is discussed mostly due to their being listed as merchandizes in place of actual goods as they are the commodities which have been named on same exchanges.

Tuesday, August 9, 2011

Crude Oil Live Chart



Monday, August 8, 2011

Latest dividends declared in Equity Funds & Debt Funds for the last 1 month

Scheme Name Record Date Dividend (in %)
UTI Master Value Fund - Dividend Aug 4, 2011 10.0000
Kotak Equity Arbitrage Fund - Dividend Jul 25, 2011 0.6400
Franklin India High Growth Companies Fund - Dividend Jul 22, 2011 5.0000
Edelweiss D.G.E Top 100 Fund - Plan A - Dividend Jul 19, 2011 10.0000
Edelweiss D.G.E Top 100 Fund - Plan C - Dividend Jul 19, 2011 10.0000
IDFC Arbitrage Plus Fund - Plan B - Dividend Jul 13, 2011 0.2000
IDFC Arbitrage Plus Fund - Plan A - Dividend Jul 12, 2011 0.2000
Tata Equity P/E Fund - Dividend (Trigger Option A 5%) Jul 11, 2011 15.0000
 
Scheme Name Record Date Dividend (in %)
AIG India Treasury Fund - IP - Dly Dividend Aug 5, 2011 0.0205
AIG India Treasury Fund - Ret - Dly Dividend Aug 5, 2011 0.0198
AIG India Treasury Fund - Super IP - Dly Dividend Aug 5, 2011 0.0207
Axis Treasury Advantage Fund - IP - Dly Dividend Aug 5, 2011 0.0223
Axis Treasury Advantage Fund - Ret - Dly Dividend Aug 5, 2011 0.0212
Baroda Pioneer Treasury Advantage Fund - IP - Dly Dividend Aug 5, 2011 0.0218
Baroda Pioneer Treasury Advantage Fund - Reg - Dly Dividend Aug 5, 2011 0.0218
Benchmark Short Term Fund - Dly Dividend Aug 5, 2011 0.0171
Benchmark Short Term Fund - Wkly Dividend Aug 5, 2011 0.1168
Bharti AXA Short Term Income Fund - IP - Wkly Dividend Aug 7, 2011 0.1333
Bharti AXA Treasury Advantage Fund - IP - Daily Dividend Aug 5, 2011 0.0201
Bharti AXA Treasury Advantage Fund - Reg - Dly Dividend Aug 5, 2011 0.0201
Bharti AXA Treasury Advantage Fund - Reg - Weekly Dividend Aug 7, 2011 0.1392
Birla Sun Life Cash Manager - Dly Dividend Aug 5, 2011 0.0204
Birla Sun Life Cash Manager - I P - Daily Dividend Aug 5, 2011 0.0213
Birla Sun Life Cash Manager - I P - Wkly Dividend Aug 2, 2011 0.1489
Birla Sun Life Cash Manager - Wkly Dividend Aug 2, 2011 0.1418
Birla Sun Life Floating Rate Fund - LTP - IP - Dly Dividend Aug 5, 2011 0.0201
Birla Sun Life Floating Rate Fund - LTP - IP - Wkly Dividend Aug 2, 2011 0.1815
Birla Sun Life Floating Rate Fund - LTP - Weekly Dividend Aug 2, 2011 0.1806
Birla Sun Life Floating Rate Fund - STP - Daily Dividend Aug 7, 2011 0.0382
Birla Sun Life Floating Rate Fund - STP - IP - Daily Dividend Aug 7, 2011 0.0388
Birla Sun Life Floating Rate Fund - STP - IP - Weekly Dividend Aug 5, 2011 0.1354
Birla Sun Life Floating Rate Fund - STP - Wkly Dividend Aug 5, 2011 0.1393
Birla Sun Life Medium Term Plan - IP - Wkly Dividend Aug 5, 2011 0.1339
Birla Sun Life Medium Term Plan - Ret - Wkly Dividend Aug 5, 2011 0.1339
Birla Sun Life Savings Fund - IP - Dly Dividend Aug 5, 2011 0.0211
Birla Sun Life Savings Fund - IP - Wkly Dividend Aug 5, 2011 0.1490
Birla Sun Life Savings Fund - Ret - Dly Dividend Aug 5, 2011 0.0204
Birla Sun Life Savings Fund - Ret - Wkly Dividend Aug 5, 2011 0.1439
Birla Sun Life Short Term Opportunities Fund - IP - Wkly Dividend Aug 2, 2011 0.1489
Birla Sun Life Short Term Opportunities Fund - Ret - Wkly Dividend Aug 2, 2011 0.1489
Birla Sun Life Ultra Short Term Fund - Daily Dividend Aug 5, 2011 0.0210
Birla Sun Life Ultra Short Term Fund - IP - Dly Dividend Aug 5, 2011 0.0215
Birla Sun Life Ultra Short Term Fund - IP - Wkly Dividend Aug 2, 2011 0.1515
BNP Paribas Flexi Debt Fund - Dly Dividend Aug 5, 2011 0.0220
BNP Paribas Money Plus Fund - Dly Dividend Aug 5, 2011 0.0243
BNP Paribas Money Plus Fund - Wkly Dividend Aug 3, 2011 0.1501
BNP Paribas Money Plus IP Fund - Daily Dividend Aug 5, 2011 0.0253
BNP Paribas Money Plus IP Fund - Wkly Dividend Aug 3, 2011 0.1545
BNP Paribas Short Term Income Fund - IP - Dly Dividend Aug 5, 2011 0.0712
BNP Paribas Short Term Income Fund - IP - Weekly Dividend Aug 3, 2011 0.1461
BNP Paribas Short Term Income Fund - Wkly Dividend Aug 3, 2011 0.1417
Canara Robeco FRF - Daily Dividend Aug 5, 2011 0.0291
Canara Robeco FRF - Wkly Dividend Aug 2, 2011 0.1586
Canara Robeco Short Term Fund - IP - Wkly Dividend Aug 2, 2011 0.1277
Canara Robeco Short Term Fund - Wkly Dividend Aug 2, 2011 0.1401
Canara Robeco Treasury Advantage Fund - IP - Daily Dividend Aug 5, 2011 0.0264
Canara Robeco Treasury Advantage Fund - IP - Weekly Dividend Aug 2, 2011 0.1779
Canara Robeco Treasury Advantage Fund - Ret - Daily Dividend Aug 5, 2011 0.0255
Canara Robeco Treasury Advantage Fund - Ret - Fortnightly Dividend Aug 2, 2011 0.3436
Canara Robeco Treasury Advantage Fund - Ret - Weekly Dividend Aug 2, 2011 0.1709
Canara Robeco Treasury Advantage Fund - Super IP - Daily Dividend Aug 5, 2011 0.0282
Canara Robeco Treasury Advantage Fund - Super IP - Weekly Dividend Aug 2, 2011 0.1832
Daiwa Treasury Advantage Fund - Dly Dividend Aug 5, 2011 0.0208
DSP BlackRock Floating Rate Fund - IP - Daily Div Aug 4, 2011 0.0313
DSP BlackRock Floating Rate Fund - IP - Wkly Div Aug 3, 2011 0.1694
DSP BlackRock Floating Rate Fund - Regular Plan - Daily Div Aug 4, 2011 0.0306
DSP BlackRock Floating Rate Fund - Regular Plan - Wkly Div Aug 3, 2011 0.1655
DSP BlackRock Money Manager Fund - Daily Div Aug 4, 2011 0.0262
DSP BlackRock Money Manager Fund - IP - Daily Div Aug 4, 2011 0.0272
DSP BlackRock Money Manager Fund - IP - Weekly Div Aug 3, 2011 0.1486
DSP BlackRock Money Manager Fund - Weekly Div Aug 3, 2011 0.1425
DSP BlackRock Short Term Fund - Wkly Div Aug 3, 2011 0.1461
DSP BlackRock Strategic Bond Fund - IP - Dly Dividend Reinvest Aug 4, 2011 0.0974
DSP BlackRock Strategic Bond Fund - IP - Weekly Dividend Aug 3, 2011 0.1662
DSP BlackRock Strategic Bond Fund - Retail - Dly Dividend Aug 4, 2011 0.0968
DSP BlackRock Strategic Bond Fund - Retail - Weekly Dividend Aug 3, 2011 0.1573
DWS FTF - Series 69 - Dividend Aug 3, 2011 8.7626
DWS Money Plus Fund - Daily Dividend Aug 5, 2011 0.0229
DWS Money Plus Fund - IP - Daily Dividend Aug 5, 2011 0.0267
DWS Money Plus Fund - Weekly Dividend Aug 5, 2011 0.1250
DWS Short Maturity Fund - IP - Wkly Dividend Aug 5, 2011 0.2285
DWS Short Maturity Fund - Wkly Div Aug 5, 2011 0.2194
DWS Treasury Fund - Investment - IP - Dly Dividend Aug 5, 2011 0.0227
DWS Treasury Fund - Investment - IP - Wkly Dividend Aug 5, 2011 0.1552
DWS Treasury Fund - Investment - Reg - Dly Dividend Aug 5, 2011 0.0201
DWS Treasury Fund - Investment - Reg - Wkly Dividend Aug 5, 2011 0.1341
DWS Ultra Short-Term Fund - Dly Dividend Aug 5, 2011 0.0269
DWS Ultra Short-Term Fund - IP - Dly Dividend Aug 5, 2011 0.0272
DWS Ultra Short-Term Fund - IP - Wkly Dividend Aug 5, 2011 0.1618
DWS Ultra Short-Term Fund - Prem Plus - Dly Dividend Aug 5, 2011 0.0226
DWS Ultra Short-Term Fund - Wkly Dividend Aug 5, 2011 0.1624
Edelweiss Ultra Short Term Bond Fund - IP - Dly Dividend Aug 5, 2011 0.0243
Edelweiss Ultra Short Term Bond Fund - Ret - Dly Dividend Aug 5, 2011 0.0233
Fidelity Ultra Short Term Debt Fund - IP - Dly Dividend Aug 5, 2011 0.0397
Fidelity Ultra Short Term Debt Fund - Super IP - Dly Dividend Aug 5, 2011 0.0401
HDFC Cash Mgmt Fund - Treasury Advantage - Ret - Dly Div Aug 5, 2011 0.0200
HDFC Cash Mgmt Fund - Treasury Advantage - Ret - Wkly Div Aug 2, 2011 0.1400
HDFC Cash Mgmt Fund - Treasury Advantage - WP - Dly Div Aug 5, 2011 0.0210
HDFC Cash Mgmt Fund - Treasury Advantage - WP - Wkly Div Aug 2, 2011 0.1460
HDFC F R I F - LTF - Dividend Aug 2, 2011 0.0680
HDFC F R I F - STF - Daily Div Aug 5, 2011 0.0200
HDFC F R I F - STF - Wkly Dividend Aug 2, 2011 0.1430
HDFC F R I F - STF - WP - Daily Dividend Aug 5, 2011 0.0220
HDFC F R I F - STF - WP - Wkly Dividend Aug 2, 2011 0.1490
HSBC Flexi Debt Fund - IP - Fortntly Dividend Aug 5, 2011 0.2931
HSBC Flexi Debt Fund - Ret - Fortnly Dividend Aug 5, 2011 0.2996
HSBC FRF - LTP - IP - Fortntly Dividend Aug 5, 2011 0.2975
HSBC FRF - LTP - IP - Wkly Div Aug 5, 2011 0.1659
HSBC FRF - LTP - Reg - Dly Dividend Aug 5, 2011 0.0195
HSBC FRF - LTP - Regular Plan - Weekly Div Aug 5, 2011 0.1360
HSBC FRF - STP - Regular Plan - Dly Div Aug 7, 2011 0.0305
HSBC FRF - STP - Regular Plan - Wkly Div Aug 5, 2011 0.1048
HSBC Income Fund - S T P - Inst Plus - Wkly Dividend Aug 5, 2011 0.2422
HSBC Income Fund - S T P - Reg - Weekly Dividend Aug 5, 2011 0.1490
HSBC Ultra Short Term Bond Fund - IP - Daily Dividend Aug 5, 2011 0.0400
HSBC Ultra Short Term Bond Fund - IP - Wkly Dividend Aug 5, 2011 0.1410
HSBC Ultra Short Term Bond Fund - IP Plus - Daily Dividend Aug 5, 2011 0.0420
HSBC Ultra Short Term Bond Fund - IP Plus - Wkly Dividend Aug 5, 2011 0.1540
HSBC Ultra Short Term Bond Fund - Regular - Daily Dividend Aug 5, 2011 0.0394
HSBC Ultra Short Term Bond Fund - Regular - Wkly Dividend Aug 5, 2011 0.1368
ICICI Prudential Banking & PSU Debt Fund - Dly Dividend Aug 5, 2011 0.0191
ICICI Prudential Banking & PSU Debt Fund - Prem - Dly Dividend Aug 5, 2011 0.0195
ICICI Prudential Banking & PSU Debt Fund - Prem Plus Dly Dividend Aug 5, 2011 0.0208
ICICI Prudential Blended - Plan B - Optoin I - Dly Dividend Aug 5, 2011 0.0211
ICICI Prudential Blended - Plan B - Optoin II - Dly Dividend Aug 5, 2011 0.0231
ICICI Prudential Flexible Income Plan - Prem - Dly Dividend Aug 5, 2011 0.0236
ICICI Prudential Flexible Income Plan - Reg - Dly Dividend Aug 5, 2011 0.0211
ICICI Prudential FRF - Plan A - Dly Dividend Aug 5, 2011 0.0209
ICICI Prudential FRF - Plan B - Dly Dividend Aug 5, 2011 0.0209
ICICI Prudential FRF - Plan C - Dly Dividend Aug 5, 2011 0.0209
ICICI Prudential FRF - Plan D - Daily Dividend Aug 5, 2011 0.0224
ICICI Prudential LT FRF - Plan A - Wkly Dividend Aug 2, 2011 0.1180
ICICI Prudential LT FRF - Plan B - Wkly Dividend Aug 2, 2011 0.1210
ICICI Prudential LT FRF - Plan C - Wkly Dividend Aug 2, 2011 0.1240
ICICI Prudential LTP - Reg - Dividend Aug 2, 2011 0.1390
ICICI Prudential Medium Term Plan - Reg - Dly Dividend Aug 5, 2011 0.1096
ICICI Prudential Ultra Short Term Plan - Prem - Dly Dividend Aug 5, 2011 0.0665
ICICI Prudential Ultra Short Term Plan - Prem Plus - Dly Dividend Aug 5, 2011 0.0663
ICICI Prudential Ultra Short Term Plan - Reg - Dly Dividend Aug 5, 2011 0.0665
ICICI Prudential Ultra Short Term Plan - Sup Prem - Dly Dividend Aug 5, 2011 0.0677
IDBI Ultra Short Term Fund - Dly Dividend Aug 5, 2011 0.0220
IDFC Money Manager - Invest Plan - Plan A - Wkly Dividend Aug 5, 2011 0.2110
IDFC Money Manager - Invest Plan - Plan A - Dly Dividend Aug 5, 2011 0.0854
IDFC Money Manager - Invest Plan - Plan B - Dly Dividend Aug 5, 2011 0.0881
IDFC Money Manager - Invest Plan - Plan B - Wkly Dividend Aug 5, 2011 0.2170
IDFC Money Manager - Treasury Plan - Plan A - Dly Dividend Aug 5, 2011 0.0213
IDFC Money Manager - Treasury Plan - Plan A - Wkly Dividend Aug 5, 2011 0.1430
IDFC Money Manager - Treasury Plan - Plan B - Dly Dividend Aug 5, 2011 0.0224
IDFC Money Manager - Treasury Plan - Plan B - Wkly Dividend Aug 5, 2011 0.1510
IDFC Money Manager - Treasury Plan - Plan C - Dly Dividend Aug 5, 2011 0.0224
IDFC Money Manager - Treasury Plan - Plan C - Wkly Dividend Aug 5, 2011 0.1520
IDFC Money Manager - Treasury Plan - Plan D - Dly Dividend Aug 5, 2011 0.0192
IDFC SSIF - MTP - Plan A - Daily Dividend Aug 5, 2011 0.1963
IDFC Ultra Short Term Fund - Dly Dividend Aug 5, 2011 0.0244
IDFC Ultra Short Term Fund - Wkly Dividend Aug 5, 2011 0.1570
ING Treasury Advantage Fund - Dly Dividend Aug 7, 2011 0.0194
ING Treasury Advantage Fund - IP - Daily Dividend Aug 7, 2011 0.0203
JM Floater Fund - LT - Prem - Dly Dividend Aug 5, 2011 0.0188
JM Floater Fund - LT - Reg - Dly Dividend Aug 5, 2011 0.0185
JM Floater Fund - S T P - Daily Dividend Aug 7, 2011 0.0177
JM Money Manager Fund - Reg - Dly Dividend Aug 5, 2011 0.0226
JM Money Manager Fund - Super Plan - Dly Dividend Aug 5, 2011 0.0229
JM Money Manager Fund - Super Plus Plan - Daily Dividend Aug 5, 2011 0.0236
JM Short Term Fund - Dly Dividend Aug 5, 2011 0.0220
JM Short Term Fund - IP - Dly Dividend Aug 5, 2011 0.0226
JPMorgan India Short Term Income Fund - Wkly Dividend Aug 2, 2011 0.1842
JPMorgan India Treasury Fund - Ret - Daily Dividend Aug 5, 2011 0.0218
JPMorgan India Treasury Fund - Ret - Weekly Dividend Aug 2, 2011 0.1543
JPMorgan India Treasury Fund - Super IP - Daily Dividend Aug 5, 2011 0.0224
JPMorgan India Treasury Fund - Super IP - Wkly Div Aug 2, 2011 0.1580
Kotak Flexi Debt Fund - Daily Div Aug 4, 2011 0.0213
Kotak Flexi Debt Fund - IP - Daily Dividend Aug 4, 2011 0.0225
Kotak Floater - LT - Daily Dividend Aug 4, 2011 0.0225
L&T Floating Rate Fund - Dly Dividend Aug 5, 2011 0.0225
L&T Ultra Short Term Fund - IP - Dly Dividend Aug 5, 2011 0.0218
LIC Nomura MF Floating Rate Fund - ST - Dly Dividend Aug 5, 2011 0.0176
LIC Nomura MF Income Plus Fund - Dly Dividend Aug 5, 2011 0.0194
LIC Nomura MF Income Plus Fund - Mthly Dividend Aug 3, 2011 0.4405
LIC Nomura MF Interval Fund - Monthly Plan - Series 1 - Dividend Aug 3, 2011 0.6122
LIC Nomura MF Savings Plus Fund - Dly Dividend Aug 5, 2011 0.0176
LIC Nomura MF Savings Plus Fund - Mthly Dividend Aug 3, 2011 0.4070
Mirae Asset Short Term Bond Fund - Reg - Wkly Dividend Aug 3, 2011 0.1175
Peerless Ultra Short Term Fund - Ret - Dly Dividend Aug 5, 2011 0.0193
Peerless Ultra Short Term Fund - Super IP - Dly Dividend Aug 5, 2011 0.0233
Pramerica Treasury Advantage Fund - Dly Dividend Aug 5, 2011 0.0331
Pramerica Ultra Short Term Bond Fund - Dly Dividend Aug 5, 2011 0.0219
PRINCIPAL Near-Term Fund - Conservative - Dly Dividend Aug 5, 2011 0.0232
PRINCIPAL Near-Term Fund - Conservative - Wkly Dividend Aug 3, 2011 0.1524
Reliance FRF - ST - Dly Dividend Aug 5, 2011 0.0590
Reliance FRF - ST - Wkly Dividend Aug 2, 2011 0.1383
Reliance Medium Term Fund - Daily Dividend Aug 5, 2011 0.0819
Reliance Medium Term Fund - Wkly Dividend Aug 2, 2011 0.2343
Reliance Money Manager Fund - IP - Dly Dividend Aug 5, 2011 0.0218
Reliance Money Manager Fund - IP - Wkly Dividend Aug 2, 2011 0.1487
Reliance Money Manager Fund - Retail - Dly Dividend Aug 5, 2011 0.0211
Reliance Money Manager Fund - Retail - Wkly Dividend Aug 2, 2011 0.1438
Religare Credit Opportunities Fund - IP - Daily Dividend Aug 5, 2011 0.0000
Religare Short Term Plan - Plan B - Dly Dividend Aug 5, 2011 0.0362
Religare Ultra Short Term Fund - IP - Daily Dividend Aug 5, 2011 0.0215
Religare Ultra Short Term Fund - Regular - Daily Dividend Aug 5, 2011 0.0203
SBI Magnum Income Fund - FRP - Savings Plus Bond - Dly Dividend Aug 4, 2011 0.0219
SBI SHDF - Ultra Short Term - IP - Dly Dividend Aug 4, 2011 0.0220
SBI SHDF - Ultra Short Term - Ret - Dly Dividend Aug 4, 2011 0.0217
Sundaram Flexible Fund - Flexible Income - Mtly Div Aug 2, 2011 0.0194
Sundaram Flexible Fund - STIP - Dly Div Aug 5, 2011 0.0000
Sundaram MIP - Aggressive - Mthly Dividend Aug 3, 2011 0.4405
Sundaram MIP - Conservative - Mthly Dividend Aug 3, 2011 0.4405
Sundaram MIP - Moderate - Mthly Dividend Aug 3, 2011 0.4405
Sundaram Ultra Short Term - IP - Daily Dividend Aug 5, 2011 0.0226
Sundaram Ultra Short Term - IP - Weekly Dividend Aug 3, 2011 0.1348
Sundaram Ultra Short Term - Retail - Daily Dividend Aug 5, 2011 0.0196
Sundaram Ultra Short Term - Retail - Wkly Dividend Aug 3, 2011 0.1154
Sundaram Ultra Short Term - Super IP - Dly Div Aug 5, 2011 0.0237
Sundaram Ultra Short Term - Super IP - Wkly Div Aug 3, 2011 0.1418
Tata Floater Fund - Dly Dividend Aug 7, 2011 0.0200
Tata Treasury Manager Fund - HIP - Daily Dividend Aug 7, 2011 0.0204
Tata Treasury Manager Fund - SHIP - Daily Dividend Aug 7, 2011 0.0204
Taurus Ultra Short Term Bond Fund - IP - Dly Dividend Aug 5, 2011 0.0256
Taurus Ultra Short Term Bond Fund - IP - Wkly Dividend Aug 4, 2011 0.1590
Taurus Ultra Short Term Bond Fund - Ret - Dly Dividend Aug 5, 2011 0.0256
Taurus Ultra Short Term Bond Fund - Ret - Wkly Dividend Aug 4, 2011 0.1397
Taurus Ultra Short Term Bond Fund - Super IP - Dly Dividend Aug 5, 2011 0.0256
Taurus Ultra Short Term Bond Fund - Super IP - Wkly Dividend Aug 4, 2011 0.1589
Templeton Floating Rate Income Fund - Super IP - Dly Dividend Aug 5, 2011 0.0255
Templeton India Cash Management Account Fund - Dividend Aug 7, 2011 0.0295
Templeton India Ultra Short Bond Fund - IP - Dividend Aug 5, 2011 0.0242
Templeton India Ultra Short Bond Fund - Retail - Dividend Aug 5, 2011 0.0238
Templeton India Ultra Short Bond Fund - Super IP - Dividend Aug 5, 2011 0.0245
UTI Floating Rate Fund - STP - Daily Dividend Aug 5, 2011 0.0145
UTI Floating Rate Fund - STP - IP - Daily Dividend Aug 5, 2011 0.0214
UTI Floating Rate Fund - STP - IP - Wkly Dividend Aug 5, 2011 0.1541
UTI Floating Rate Fund - STP - Wkly Dividend Aug 5, 2011 0.1057
UTI FTIF - Series VIII - Plan 5 - Dividend Aug 4, 2011 1.4676
UTI Treasury Advantage Fund - Dly Dividend Aug 5, 2011 0.0227
UTI Treasury Advantage Fund - IP - Dly Dividend Aug 5, 2011 0.0227
UTI Treasury Advantage Fund - IP - Wkly Dividend Aug 5, 2011 0.1519
UTI Treasury Advantage Fund - Wkly Dividend Aug 5, 2011 0.1189
 

UTI Wealth Builder Fund


UTI Wealth Builder Fund


Type of Scheme            Open Ended
Nature                Equity
Option                Growth
Inception Date            Dec 17, 2008
Face Value (Rs/Unit)        10
Fund Size in Rs. Cr.        0 as on Jun 30, 2011
   
Fund Manager         Harsha Upadhyaya .
SIP             yes
STP             no       
SWP             no   
Expense ratio(%)     2.22
Portfolio Turnover
Ratio(%)         54.98

Last Divdend Declared     NA
Minimum Investment (Rs) 5000
Purchase Redemptions     Daily
NAV Calculation     Daily
Entry Load         Entry Load is 0%.
Exit Load         If redeemed bet. 0 Year to 1 Year; Exit load is 1%.
   
      

AIG India Equity Fund

since the market started recovering post 2008, AIG India Equity Fund has been an option for aggressive investors, continuously investing in high beta companies. The Fund has been outperforming its benchmark index, but only for the short term.

Looking at the overall situation and the long term performance, the fund has not delivered consistently for its investors. Arnav Pandya analyses the fund and tells you if you should consider this for you portfolio.

AIG India Equity Fund

Nature : Equity oriented open ended
Launch : May 2007
Assets under management: ( As of 30 June 2011) Rs 164 crore
Fund manager : Huzaifa Husain

Analysis

• At the end of January 2009 as the equity markets were slowly finding some stability after the battering due to the world economic crisis the fund puts its faith into consumer non durables and banks as the sector with the exposure to these areas at around 12.8 per cent each. This was followed by industrial capital goods and petroleum products. ITC was the top holding followed by Reliance Industries, HDFC, Colgate Palmolive and SBI. The top holding exposure was just above 7 per cent and at this point of time the fund had nearly 13 per cent of its assets in cash as it was seeking good investment opportunities. It was also underperforming its benchmark BSE 100 over the last one year and since its inception.

• By the end of June the fund made a clear change in its outlook with it relying on banks to provide impetus to the fund with an exposure at over 18 per cent. This was followed by industrial capital goods and the consumer non durables had slid to the third spot. Cement was climbing up on the exposure charts with the sector exposure at 8 per cent and Shree Cements was the top company in the fund with holding of 7 per cent. Bharti, SBI, Container Corporation and Hero Honda were the other top holdings and the fund managed to gain outperformance over the one year time frame.

• The steady change in the top holdings of the fund continued and at the end of December 2009 industrial capital goods were the top sector followed by auto and banks. Shree Cement had slid from the top holding to the seventh spot and Hero Honda had the highest individual exposure followed by Jindal Steel and Power, AIA Engg, Container Corporation and GVK Power and Infrastructure. The fund had also become a bit more aggressive with the top holdings having an exposure of more than 8 per cent. The fund continued its short term outperformance over 1 year with this strategy but was still unable to pull back the long term deficit.

• Six months later auto was at the top of the exposure charts followed by industrial capital goods and software. In terms of the top holdings Hero Honda remained at number one but Shree Cement was back to the number two spot. The other top spots were with Container Corp, Maruti Suzuki and Bajaj Auto. All this action was improving the one year performance where the outperformance over the benchmark was around 14 per cent but it was still underperformance for the three years and above time period.

• The fund has taken a moderate approach since then with the holdings more diversified than before in the portfolio. The exposure to the top stocks has also gone down in percentage terms as against what was witnessed earlier. Among the top holdings were Infosys, Dr Reddys, Bajaj Auto, Sun TV and Hero Honda. Auto, pharma and software were the top three sectors but this strategy did not do much to remove the underperformance. In fact the fund was now underperforming its benchmark across all time periods.

• At the end of June 2011 Six months later the portfolio position was nearly the same with minor changes being visible. Auto, pharma, banks and software were the top sectors in terms of holdings. Further the stocks with the highest exposure were Infosys, Hero Honda, HDFC Bank, Jindal Steel & Power and Dr Reddys. The fund was underperforming on the one year time frame but outperforming on the 3 year time period.

• Looking at the overall situation and the long term performance the fund has not delivered consistently for its investors. Keeping this in mind long term investors looking for stability can keep away from the fund. Those who are looking to take an aggressive view in the short term and expect good performance from the existing portfolio can consider the fund as a choice in their list.