NEW FUND OFFER: Opens on: July 10th 2009 DSP BLACKROCK WORLD ENERGY FUND Closes on: July 31st 2009 An Open Ended Fund of Funds Scheme INVESTMENT OBJECTIVE: SNAPSHOTS: The primary investment objective of the Scheme is to seek capital appreciation by Entry Load: 2.25%. investing predominantly in the units of BlackRock Global Funds – World Energy Exit Load: Nil*. Fund (BGF – WEF) and BlackRock Global Funds – New Energy Fund (BGF – NEF). Min. Investment: Rs. 5000/- The Scheme may, at the discretion of the Investment Manager, also invest in the MIN. S.I.P.: N.A. units of other similar overseas mutual fund schemes, which may constitute a Benchmark: 70% MSCI World Energy 30% MSCI World significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. AUM GROWTH: 25000 ASSET ALLOCATION PATTERN: DSP Blackrock Mutual Fund The fund manager will invest between 50-100% of funds available in Units of BGF – 20000 WEF or other similar overseas mutual fund scheme(s). The fund manager also has a liberty to invest up to 0-30% of its net asset in Units of BGF – NEF or other similar 15000 overseas mutual fund scheme(s) and 0-20% of its net asset will be invested in Money market securities and/or units of money market/liquid schemes of DSP 10000 BlackRock Mutual Fund. 5000 COMPANY PROFILE: DSP BlackRock Investment Managers Pvt. Ltd. is the investment manager to DSP 0 BlackRock Mutual Fund. The philosophy of DSP BlackRock Investment Managers Pvt. Ltd. has been grounded in the belief that experienced investment professionals, Ap 7 Ap 8 Ap 9 Ap 0 Ap 1 Ap 2 Ap 3 Ap 4 Ap 5 Ap 6 Ap 7 Ap 8 9 using a disciplined process and sophisticated analytical tools, can consistently add r-9 r-9 r-9 r-0 r-0 r-0 r-0 r-0 r-0 r-0 r-0 r-0 r-0 Ap value to client portfolios. Performance of BlackRock Global Funds - DSP BlackRock AMC had average Assets Under Management of Rs. 17396 crs. as on World Energy Fund as on 16th July 2009 30th June 2009 and holds twelfth positions among the thirty-five members fund family in terms of average AUM. Fund Benchmark FUND MANAGER: Mean Return 1Y Weekly -34.99 -31.05 Mr. Vinit Sambre Total Return 6M 14.63 -- B.Com, FCA Total Return 1Y -35.79 -- Mr. Vinit Sambre has worked in the financial services sector for over 10 years as an analyst and fund manager for various leading mutual funds. Mr. Vinit Sambre is the Total Return Ytd 13.33 -- dedicated Fund Manager for the overseas investments of the Scheme. Performance 2008 -46.41 -38.05 RISK PROFILE & SUITABILITY: Performance 2007 40.19 29.79 The risk associated with this fund is comparatively high as compare to any equity diversified funds, as the major portfolio of this fund will invest in the funds, which Performance 2006 8.11 17.86 involves in the energy sector. Investments in companies in energy industries may Performance 2005 49.49 28.74 involve risks including changes in commodities prices, changes in demand for Performance 2004 36.57 28.10 various natural resources, changes in energy prices, greater currency fluctuations and international political and economic developments. Performance of BlackRock Global Funds - Investors with a long time horizon who are willing to accept more risk in pursuit of New Energy Fund as on 16th July 2009 greater return than diversified equity fund, which typically invest in a portfolio of stocks that pursue the funds’ stated objectives and have a long-term view. Fund Benchmark Mean Return 1Y Weekly -36.63 -24.03 COMMENTS: DSP BlackRock World Energy Fund feeds into BGF – World Energy Fund and BGF - Total Return 6M 13.16 -- New Energy Fund providing access to the investors to invest global energy Total Return 1Y -39.93 -- companies. Some economies are still struggling with GDP growth in the short to medium term, emerging economies such as India and China are growing at a Total Return Ytd 10.55 -- healthy pace and the demand for oil from these economies is expected to be a Performance 2008 -54.07 -40.71 major component of the overall demand for oil. The other point that one should Performance 2007 56.52 9.04 consider is that the per capita consumption of oil in these two economies is significantly lower than that of the developed economies, therefore one can expect Performance 2006 31.63 20.07 that demand may increase with time, as a result international oil companies might Performance 2005 21.09 9.49 benefit in long run. DSP BlackRock World Energy Fund provides Indian Investors with a unique Performance 2004 31.63 14.72 investment opportunity to take advantage of the price movement in the energy Performance 2003 46.71 33.11 sector by investing into energy companies globally as well as companies that are in the new/alternate energy space. Source: Bloomberg Source: Bloomberg *Exit Load: Holding period from the date of allotment: < 6 months: 1.00% >= 6 months but < 12 months: 0.50% >= 12 months: Nil Investment Research Team Rajesh Jain Head (Research) Fundamental Research Saurabh Jain Team Leader email@example.com Saurabh Rana Team Leader firstname.lastname@example.org Arun Gupta Sr. Research Analyst email@example.com Priyanka Ahluwalia Sr. Research Analyst firstname.lastname@example.org Jaisheel Garg Sr. Research Analyst email@example.com Manish Choudhary Sr. Research Analyst firstname.lastname@example.org Ankita Nanda Research Analyst email@example.com Surabhi Mehra Research Analyst firstname.lastname@example.org Preeti Saxena Research Analyst email@example.com Dinesh Joshi Research Analyst firstname.lastname@example.org Harsh Gupta Research Analyst email@example.com Kamla Devi Research Analyst firstname.lastname@example.org Technical Research (Commodity / Equity) Dr. R.P.Singh Head - Technical (Commodities) email@example.com Rakesh Bansal Head - Technical (Equities) firstname.lastname@example.org Ajit Mishra Sr. Technical Analyst email@example.com Parminder Chauhan Research Analyst firstname.lastname@example.org Suruchi Research Analyst Derivative Research Nitin Murarka Head - Derivative Research email@example.com Vineet Sood WATCH OUT FOR OUR OTHER REPORTS Sr. Research Analyst (Strategies) firstname.lastname@example.org Kunal Sharma Research Analyst email@example.com Morning Mantra Bisht Dhirender Singh– Equity firstname.lastname@example.org Research Analyst DGCX Daily Commodity Watch Morning Mantra – Commodities (Metals and Energy) Derivative Daily Commodity/Currency Research Team Morning Mantra – Commodities (Agri) Mutual Fund Weekly Update Vandana Bharti Daily Currency Report Sr. Research Analyst email@example.com Currency Afternoon Buzzer Tejas Seth Evening Buzzer – Equity Sr. Research Analyst firstname.lastname@example.org Daily Metal and Energy Report Amit Pandey Evening Buzzer – Commodities Sr. Research Analyst (Strategies) email@example.com Daily Commodity Hindi Reports Sandeep Joon Mutual Fund Portfolio Monitor Research Analyst firstname.lastname@example.org Research Analyst email@example.com Rupa Mehta covering major stocks with their short term, medium term and long-term trends Weekly Report Shitij Gandhi Research Analyst firstname.lastname@example.org Subhranil Dey Research Analyst email@example.com Priyanka Chauhan Research Analyst` firstname.lastname@example.org Mutual Fund Anant Sharma Sr. Research Analyst email@example.com Bhaskar Mandal Research Analyst firstname.lastname@example.org Support Team Simmi Chibber Research Executive email@example.com Shivanand Upadhyay Content Editor (Hindi) firstname.lastname@example.org Pramod Chhimwal Graphic Designer email@example.com Disclaimer : This report is for the personal information of the authorized recipient and doesn’t construe to be any investment, legal or taxation advice to you. It is only for private circulation and use .The report is based upon information that we consider reliable, but we do not represent that it is accurate or cmplete, and it should not be relied upon as such. No action is solicited on the basis of the contents of the report. The report should not be reproduced or redistributed to any other person(s)in any form without prior written permission of the SMC. The contents of this material are general and are neither comprehensive nor inclusive. Neither SMC nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this report. It does not constitute personal recommendations or take into account the particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. All investments involve risk and past performance doesn’t guarantee future results. The value of, and income from investments may vary because of the changes in the macro and micro factors given at a certain period of time. The person should use his/her own judgment while taking investment decisions. Please note that we and our affiliates, officers, directors, and employees, including persons involved in the preparation or issuance if this material;(a) from time to time, may have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned here in or (b) be engaged in any other transaction involving such securities and earn brokerage or other ompensation or act as a market maker in the financial instruments of the company (ies) discussed herein or may perform or seek to perform investment banking services for such company(ies) or act as advisor or lender/borrower to such company(ies) or (c) may have any other potential conflict of interest with respect to any recommendation and related information and opinions. All disputes shall be subject to the exclusive jurisdiction of Delhi High court.