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                                                                                                                                                                                                                                                    Personal Finance 15
 Q&A Mutual Funds                                                      It Pays to Sign Up for a                                                                                                                                                                      Expert                                                                  Dhirendra Kumar


                                                                       Course on Stock Market
   Value Research
                                                                                                                                                                                                                                                                     Take                                                                    CEO, Value Research

Sector & Thematic Funds

                                                                                                                                                                                                                                                                    Wanted: Clarity
I am 30 years old and have invested `10,000 in
Reliance Growth and Franklin India Prima Plus                           Nikhil Walavalkar tells you what to look out for while choosing a course on investments
and `5,000 in Reliance Diversified Power in
January 2007. I also have SIPs for `1,000 in ICICI
Infrastructure and HDFC Equity, and for `3,000
in Reliance Gold Savings. Is this a good portfolio
for the long term?
                                                                         Basics of Stock Market
                                                                                   Investors who
                                                                                                                  Technical Analysis
                                                                                                                            Investors aware of
                                                                                                                                                          Derivatives
                                                                                                                                                                        Investors or traders with an experience of
                                                                                                                                                                                                                                                                    on Pension Plans
                                                                                   intend to begin                          the basics of stock                         dealing in equities in cash market and willing
HAROON.MEMON@GMAIL.COM
                                                                                   investing in                             market and keen                             to take higher risk to earn higher profits                                                  It’s well-known that unless he                           pension products, or rather
The risk quotient of your portfolio of six funds is                                stock markets                            to learn how to                                                                                                                         or she is entitled to a good pen-                        the lack of such products.
high with the presence of three sector or thematic                                                                                                                      Duration : 2-4 days                                                                         sion from an employer, it’s dif-                           Last month, Securities and
                                                                                                                  make investment decisions
funds, a multi-cap fund and a mid- and small-cap                         Duration : 2-4 days                                                                                                                                                                        ficult for an Indian to arrange                          Exchange Board of India (Se-
                                                                                                                  using price behaviour of a
fund. Sector and thematic funds in your portfolio                                                                 security
                                                                                                                                                                                                                                                                    for a stable post-retirement in-                         bi) chairman UK Sinha ex-
are best added only to fill a gap in an existing eq-
                                                                         Fundamental Analysis                                                                                                                                                                       come. However, what is worse                             horted mutual funds to come
uity portfolio or to emphasise an investment that                                                                 Duration : 2 days                                                                                                                                 is that there’s no sign of the                           out with pension funds. A pen-
                                                                                    Investors aware of
                                                                                                                                                                                                                                                                    situation getting any better.                            sion fund from a mutual fund
you are optimistic about. For instance, Reliance                                    the basics of stock
                                                                                                                  Mutual Funds                                                                                                                                      The juxtaposition of three                               company would basically be
Diversified Power bets on the power sector theme                                    market and keen to                                                                                                                                                              distinct pieces of news that                             an equity fund that would be
and proved its mettle; however, it no more exudes                                   learn investment                         Investors who                                                                                                                          came out recently under-                                 locked in till the investor at-
the same performance that it did in the initial years                    decision making looking at                          are unaware of                                                                                                                         scores this problem strongly     .                       tains retirement age. As
of its launch. Likewise, the infrastructure theme has                    information pertaining                              working of mutual                                                                                                                      Each one pertains to a differ-                           things stand, the returns from
been slow to kick off compared to the 2004-2007                                                                                                                                                                                                                     ent retirement product and                               such a fund would also be tax-
                                                                         to company business,                                funds but are keen
                                                                                                                                                                                                                                                                    each one has a different                                 free by virtue of being long-
period when this sector was driving the bull market.                     financials and valuation                 to invest in mutual funds                                                                                                                         source of difficulty.                                    term equity investments.
The core holdings in your portfolio — Franklin Prima                                                                                                                                                                                                                  The first of these three re-                             However, there doesn’t seem
Plus and HDFC Equity are good; however, you could                        Duration : 2 days                        Duration : 1-2 days
                                                                                                                                                                                                                                                                    lates to the odd fact that there                         to be any sign of fund compa-
do better by exiting Reliance Growth and investing                                                                                                                                                                                                                  is now no approved pension                               nies rushing to launch such
in a better performing mid- and small-cap fund.                                                                                                                                                                                                                     plan on offer from any insur-                            products. Retirement savings
Invest regularly and review the performance.                                                                                                                                                                                                                        ance company in India. For                               traditionally come with some
                                                                             egends of stock market allure               since there is a problem of plenty —              of     recommendations         on      their                                             this to be the case at the end of                        kind of tax incentive. Howev-

Tax-Saving Products
I want to invest to save tax. Should I invest in
                                                                       L     many individuals to try their hands
                                                                             on equities. But, barring a few,
                                                                       many end up losing their hard-earned
                                                                                                                         choose wisely

                                                                                                                         HOW TO CHOOSE
                                                                                                                                      .                                    websites or free blogs.
                                                                                                                                                                             Infrastructure also matters a lot. If you
                                                                                                                                                                           have enrolled for a financial modeling
                                                                                                                                                                                                                                                                    the financial year, when peo-
                                                                                                                                                                                                                                                                    ple are specially looking for
                                                                                                                                                                                                                                                                    tax-saving       products,     is
                                                                                                                                                                                                                                                                                                                             er, no such tax incentive exists
                                                                                                                                                                                                                                                                                                                             at present for pension prod-
                                                                                                                                                                                                                                                                                                                             ucts that mutual funds might
                                                                       money in the market. Some retire hurt,            Professionally-managed           institutes       course, the institute should provide each                                                strange indeed.                                          hypothetically launch.
ELSS, Ulips, fixed deposits or any other product?                      but some don’t give up and queue up to            clearly define the objectives of a course         participant a computer in the classroom.                                                   However, this situation ap-                              To be a viable pension prod-
I am looking at a good 15-20% returns, security                        sign up for courses that are designed to          and the ideal audience for the course.            Better confirm the same before enroll-                                                   pears to be the fallout of the                           uct which could compete on
and safety with a minimum lock-in period.                              help novices in the market. The queue             “Do not get carried away by tall claims           ing, otherwise you have to carry your lap-                                               contradiction between Irda’s                             its own terms, a pension fund
SANTOSH1883@GMAIL.COM                                                  gets longer especially when the market is         lodged by some self-proclaimed experts            top with you. In case of a technical analy-                                              (the Insurance Regulatory                                would have to have a tax-in-
                                                                       in bad shape. “Short duration courses             to market their courses,” says Chan-              sis course, the institute should offer you                                               and Development Authority)                               centive at the time of invest-
Investing to save tax is a good start, but to con-                     dealing with the basics of stock market           drashekhar Thakur, head – investor edu-           some handholding in terms of which                                                       vision of what pension prod-                             ment as well as a sensible lock-
solidate on this approach you should align the                         have been in demand for some time now,”           cation, Central Depository Services.              charting software to buy after the course.                                               ucts should be like and the in-                          in. It should also probably
tax-saving benefits with your financial goals than                     says Vinod Nair, head – academics and              You should choose a course only when             The institute should also offer some post                                                surance industry’s willing-                              have lower costs given the
be driven with the idea of only saving taxes. There                    product development, BSE Institute.               your requirements and the objectives of           course assistance.                                                                       ness or ability to supply them.                          long period for which the in-
                                                                       Many institutions and individuals are             the course match. Go with a course that             “Students need help from faculty after                                                   Over the course of last year,                          vestor is getting locked in.
are several products, in which investments qualify
                                                                       offering short-duration courses that are          clearly outlines the course content.              completing the course for clearing their                                                 Irda has changed its norms on                            Such a product would be
for tax deductions under Section 80C up to `1 lakh                     supposed to help individuals to get it            “Check if the course coverage is compre-          doubts. Sometimes refresher courses at                                                   what kind of guaranteed-re-                              much like the NPS but proba-
in a financial year. Tax planning funds, insurance                     right in the stock market.                        hensive and includes concepts, tools and          no extra cost work better,” says Nooresh                                                 turns a pension product                                  bly with a better choice
premium, Ulips, PPF, NSC, bank fixed deposits and                                                                        techniques and relevant regulatory is-            Merani. Some institutes also offer stu-                                                  should offer. As a result, pen-                          of funds and more organised
pension plans are some of the product categories                       WHAT IS ON OFFER                                  sues,” says Vinod Nair. If you have some          dents online forums and groups to dis-                                                   sion policies that conformed                             marketing.
that you can consider. The lock-in and assured or                                 ,
                                                                       Typically an average investor would               doubts about the course content do get it         cuss doubts, trades and investment                                                       to the older norms cannot be                               Which brings us to the third
                                                                       want to learn every ‘money making                 clarified before you opt for the course.          ideas with faculties and fellow students.                                                sold after December 31. How-                             facet of the pension problem,
market-linked returns vary for each of these prod-
                                                                       trick’ in a weekend. No wonder, there are         “You should also check the teaching ap-           If you are new to markets, this makes a                                                  ever, none of the new policies                           which is the NPS itself. It is
ucts. For instance PPF, NSC and bank fixed deposits                    many courses that are conducted on                proach used. Whether it is just an infor-         lot more sense.                                                                          that insurance companies                                 now well-known that whatev-
provide guaranteed returns, whereas Ulips and tax                      weekends. Sure, you also have the option          mation download or does it use hands on             A course conducted for a day or two                                                    have filed for approval have                             er be the fate of the govern-
planning funds have a market-linked return. None                       of a three-month course. One can start            exercises and current case studies,”              would be priced anything between `3,000
                                                                                                                                                                                                                .                                                   found favour with Irda. Ap-                              ment employees’ part of the
of these instruments guarantee 15-20% return that                      with courses dealing with the basics of           adds Vinod Nair. Go with a course that            and `12,000. Long-duration programmes
                                                                                                                                                                                .                                                                                             ,
                                                                                                                                                                                                                                                                    parently the regulator has re-                           NPS, as a discretionary prod-
you are expecting. If you are looking for guaranteed                   stock market: what is a stock market;             takes real life case studies. You can get         are priced between `15,000 and `25,000. If
                                                                                                                                                                                                .            .                                                      jected all of them.                                      uct for private individuals it
                                                                       how does it function. There are also              this information from ex-students.                you are going for a technical analysis                                                     The result is, as of January 1,                        has failed in the marketplace.
returns with the shortest lock-in, five-year bank
                                                                       courses that are focused on one aspect of          “Do check the credentials of the faculty         course, do consider the cost of charting                                                 no one in India can take up a                            This is a tragedy as there are a
fixed deposit is the ideal investment option for                                       ,
                                                                       investing, say fundamental analysis.              conducting the course,” adds Chan-                software, which is priced in the range of                                                                       .
                                                                                                                                                                                                                                                                    new pension policy I’m sure                              lot of positives in the product
you to save taxes. If you can stomach some risk, the                    A course of fundamental analysis will            drashekhar Thakur. Role of faculty is             `10,000 and `25,000 a year. It may look ob-
                                                                                                                                                                           .            .                                                                           that this is not a permanent                             itself. In fact, in many ways,
three year lock-in of tax planning funds can                           typically deal with industry analysis, fi-        more important since these are applica-           vious to account for, but still, you need a                                              situation and sooner or later,                           the NPS was the ideal pension
suit your requirements. Depending on your                              nancial analysis and valuation of com-            tion-oriented course. Professional bod-           computer and a broadband internet con-                                                   there will be some sort of a                             product, the only problem be-
comfort, you can select any of the products to                         panies. If you have been investing or             ies with long-standing track record en-           nection to trade using charting software.                                                meeting of minds between in-                             ing that no one had any incen-
                                                                       trading for some time and aware of the            sure faculties with rich market                                                                                                            surance companies and their                              tive to sell it.
invest and save taxes.
                                                                       operational aspects of the game, you can          experience in respective domains. But             THE ROAD AHEAD                                                                           regulator. However, the fact                               I firmly believe that sensible
                                                                       consider them. If you are fairly aware of         when it comes to individuals or little            “Nobody becomes an expert overnight.                                                     that this problem has arisen at                          products like the NPS have no
Our expert guides you in matters relating to mutual                    fundamental analysis and keen to go               known institutes, conducting courses,             A good course gives you knowledge and                                                    all indicates a deeper issue                             future unless they are made
funds. Email to etquerymf@indiatimes.com                               deeper, you can look at financial model-          you have to exercise caution. “If you are         enables you to use it in your favour,” says                                              about how long-term insur-                               mandatory in some way Any-.
                                                                       ing course that helps you build your              opting for a technical analysis course,           a fund manager, who does not want to be                                                  ance products are to be ap-                              how, if the NPS is to realise its
                                                                       own earnings models to project a compa-           check the track record of the faculty as a        named. Give yourself time to absorb                                                      proached in India. Irda thinks                           potential, then a revamped
                                                                       ny’s financials using the spreadsheet.            technical analyst. Especially his recom-          what you have learnt in the course and                                                   that pension products must                               NPS 2.0 needs to emerge from
    The Financial




                       Mon    GROWTH INVESTING                                           ,
                                                                        Put simply you have to first                     mendations and views at critical junc-            gradually apply it in the market. Most                                                   have a meaningful guarantee.                             PFRDA’s drawing board.
                WEEK




                                                                       identify your requirement before                  tures can give you an insight,” says Noo-         courses will also offer some inputs on                                                   By all accounts, insurance                                 Taken as a whole, the con-
                       Tue    Income Investing
                                                                       going for a course.                               resh Merani, chief executive officer,             risk management and money manage-                                                        companies think that no                                  fused state of affairs in all
                       Wed    Insurance                                 For example, if you are comfortable              Analyse India Market Solutions. With              ment that bring in some discipline. Use                                                  more than a token guarantee                              types of retirement savings
                                                                       trading using price behaviour of securi-          the advent of electronic media such as            your knowledge, be disciplined and pa-                                                   can be provided.                                         products add up to a bigger
                       Thu    Financial Planning                                                                                                                                                                                                                      The second node of the pen-                            problem for savers than each
                                                                       ties, go for a technical analysis course. If      websites and blogs, this is very much pos-        tient, and you will be rewarded.
                       Fri    Real Estate & Spending                   you believe in financial numbers, look            sible nowadays. Professional technical                                                                                                     sion mess is mutual funds’                               individual issue suggests.
                                                                       for options in fundamental analysis. But          analysts do keep a time stamped record            nikhil.walavalkar@timesgroup.com




                                                                                                                                                                              ULIP NAVs                                                                                                                                                                     On 27 Jan 2012

PENNYWISE                                           EXPERTS’ TAKE ON MONEY TRENDS FOR THE WEEK
                                                                                                                                                                              Here’s a ready reckoner to track the week-on-week changes in your ULIP portfolio
                                                                                                                                                                              SCHEME            NAV %CHG        SCHEME            NAV %CHG        SCHEME            NAV %CHG         SCHEME            NAV %CHG        SCHEME            NAV %CHG        SCHEME            NAV %CHG
                                                                                                                                                                                                                UG Debt           15.33   -0.07   Debt               12.58   -0.24   AWS DynaPE        10.71   -0.65   LL SupProt-Inc3   14.70    1.59   LT Gold RG5       10.72   -0.56
BOND & MONEY MARKETS                                                                     CURRENCY                                                                             AEGON RELIGARE
                                                                                                                                                                              Accelerator      8.71     3.32    UG Eqty           23.49    3.62   Discontinued Po    10.75    0.19   AWSP Bluechip     13.75    3.38   LL SupRich-3      12.58    0.16   LT Gold RG9 10Y   10.00    4.17
                                                                                                                                                                              Balanced        12.61     1.45    UG Eqty Gain      32.95    4.67   Growth             13.58    2.41   AWSP Income        9.51    3.26   LL Super RGF 7    36.17    4.45   LT Gold RG9 5Yr   11.69   -0.26



Call Rates Unlikely to Ease ` has Support at 50.56
                                                                                                                                                                              Conservative    12.58     0.08    UG Eqty.MidCap    27.14    3.63   Large Cap Eqty     13.74    3.15   AWSP Moneymkt     34.96    1.60   LL Super RGF6     12.16    0.08   LT Gold RGF 7     10.85    3.43

                            .                                                                                                                                                 Debt
                                                                                                                                                                              Enhanced Equity
                                                                                                                                                                              Group Equity
                                                                                                                                                                                              14.88
                                                                                                                                                                                              12.37
                                                                                                                                                                                               9.26
                                                                                                                                                                                                           —
                                                                                                                                                                                                        3.26
                                                                                                                                                                                                        3.46
                                                                                                                                                                                                                UG Prem.Eq.Gain
                                                                                                                                                                                                                UG Premier Debt
                                                                                                                                                                                                                UG Premier Eqty
                                                                                                                                                                                                                                  21.30
                                                                                                                                                                                                                                  15.36
                                                                                                                                                                                                                                  17.26
                                                                                                                                                                                                                                           4.05
                                                                                                                                                                                                                                              —
                                                                                                                                                                                                                                           3.60
                                                                                                                                                                                                                                                  Pens Dyna Eqty
                                                                                                                                                                                                                                                  Pension Bal
                                                                                                                                                                                                                                                  Pension Debt
                                                                                                                                                                                                                                                                     16.38
                                                                                                                                                                                                                                                                     13.33
                                                                                                                                                                                                                                                                     11.64
                                                                                                                                                                                                                                                                              3.34
                                                                                                                                                                                                                                                                              1.21
                                                                                                                                                                                                                                                                             -0.17
                                                                                                                                                                                                                                                                                     AWSP MulticapB
                                                                                                                                                                                                                                                                                     AWSP MulticapG
                                                                                                                                                                                                                                                                                     AWSP Opportunit
                                                                                                                                                                                                                                                                                                       13.57
                                                                                                                                                                                                                                                                                                       64.37
                                                                                                                                                                                                                                                                                                       21.65
                                                                                                                                                                                                                                                                                                                2.03
                                                                                                                                                                                                                                                                                                                4.38
                                                                                                                                                                                                                                                                                                               -0.23
                                                                                                                                                                                                                                                                                                                       LL SuperPens 7
                                                                                                                                                                                                                                                                                                                       LL Wealth SP9 5
                                                                                                                                                                                                                                                                                                                       LL WealthSP9 10
                                                                                                                                                                                                                                                                                                                                         12.16
                                                                                                                                                                                                                                                                                                                                         10.51
                                                                                                                                                                                                                                                                                                                                         10.35
                                                                                                                                                                                                                                                                                                                                                  0.08
                                                                                                                                                                                                                                                                                                                                                  1.94
                                                                                                                                                                                                                                                                                                                                                  2.58
                                                                                                                                                                                                                                                                                                                                                         LT Gold RGF6
                                                                                                                                                                                                                                                                                                                                                         LT GoldRich
                                                                                                                                                                                                                                                                                                                                                         LT Max -G II
                                                                                                                                                                                                                                                                                                                                                                           12.38
                                                                                                                                                                                                                                                                                                                                                                           17.47
                                                                                                                                                                                                                                                                                                                                                                           14.08
                                                                                                                                                                                                                                                                                                                                                                                    0.08
                                                                                                                                                                                                                                                                                                                                                                                    0.17
                                                                                                                                                                                                                                                                                                                                                                                    1.51
                                                                                                                                                                              NAV Protector   10.75     1.51    UG+ Cash+         17.73    0.23   Pension Growth     16.00    2.56   Ace Dyna PE       11.24    0.09   LLP PreserverST   10.00    4.17   LT Maxima 9 10Y   10.62    3.41
Harihar Krishnamoorthy                           be very significant, as we have slat-   Alex Mathew                              vention, opening the overseas               Pension Balance 13.56     1.57    UG+ Cash+ Pens    17.84    0.17   UL Liquid          10.69    0.19   AceP Bluechip     10.83   -0.46   LLP Protector-I   10.62    3.41   LT MaximaRG9 5Y   11.65    0.26
                                                                                                                                                                              Pension Debt    12.40        —    UG+ Debt+         17.24       —                                      AceP Dyna PE      10.71   -0.56   LLSP Flexi Bal2   18.95   -0.11   LT Maximiser-G    17.64    0.17
HEAD, TREASURY                                   ed GSec auctions of `12,000 crore
                                                                        .                HEAD, RESEARCH                           borrowing window for micro fi-              Pension Equity  19.63     3.26    UG+ Debt+ Pens    17.87   -0.11   FUTURE GENERALI                    AceP Income       15.89    1.53   LLW SP Bluechip   11.65    0.26   LT Pens Bal       17.64    0.17
FirstRand Bank                                   and treasury bill auctions of           Geojit BNP Paribas                       nance companies, deregulation               Pension Index   18.92     3.73    UG+ Eq MidCap+    34.33    3.65   Apex            9.95        3.32   AceP Money Mkt    13.16   -0.23   LLW SP Dyna PE    10.83   -0.46   LT Pens Max-G     21.65   -0.23
                                                                                                                                                                              Pension Secure  12.52     0.24    UG+ EqIndexPens   27.65    3.64   Balance        12.20        2.35   AceP MulticapB    18.81    2.79   LLW SP Income     11.28    0.09   LT Pens Prot-I    13.57    2.03
                                                 `13,000 crore, which would drain
                                                 .                                       Financial Services                       of interest rates on NRE depos-             Secured         12.87     0.23    UG+ EqMidCap+Pe   38.49    3.69   Dynamic Growth 10.33        2.18   AceP MulticapG    10.71   -0.56   LLW SP MCap Bal   10.35    2.58   LT PensBal II     13.57    2.03
The money markets have been                                   .
                                                 out liquidity Call rates thus may                                                its play out. The Dollar Index is           Stable           9.67     1.26    UG+ Eqty Index    31.30    3.64   Group Balance  11.39        1.70   AceP Oppurtunit   12.56    0.16   LLW SP MoneyMkt   10.72    0.09   LT PensMax G II   13.75    3.38
                                                                                                                                                                                                                UG+ Eqty+         36.73    4.73   Group Maximise 11.58        2.66   Anmol Nivesh      17.47    0.17   LLW SP MultCapG   10.51    1.94   LT PensPresv-ST   30.97    1.47
grappling with a liquidity short-                                         ,
                                                 not ease significantly and we           First major resistance for the           looking slightly week as the                AVIVA LIFE                        UG+ Eqty+ Pens    38.75    4.05   Group Secure   11.42       -0.78   Balancer 4        12.04    0.17   LLW SP Oppurtun   11.69   -0.26   LT PensProtI-II    9.51    3.26
age of the order of `1.5 lakh crore
                    .                            should see rates sticky at around       rupee is at 49.03 per dollar and         Federal Reserve has decided to              Balanced          37.67   1.56                                      Guarantee       9.34        1.74   Elite Pens RGF7   12.98    0.08   LLW SP RG8 10Yr   10.72   -0.56   LT Plus RG        11.28    0.09
                                                                                                                                                                              Bond              13.71      —    BHARTI AXA                        Income         14.55       -0.21   Flexi Bal 4       14.28    1.56   LLW SP RG8 5Yr    10.71       —   LT Plus RG2        9.51    3.26
on a daily basis and finally should              9%. Banks would remain issuers          the major support is at 50.56 per        keep the interest rates near ze-            Enhancer          10.71   4.39    Build India        9.38    3.65   Maximise       12.55        3.29   Flexi Gr 4        16.39   -0.12   LLife Pens Bal    12.99    0.08   LT Plus RG3       11.28    0.09
see some respite in this new fort-               in the CD market with one-year          dollar. The 200-day moving ma-           ro till 2014. As long as the inter-         GSA GratuityInc   10.74   0.09    Build India Pen    8.72    3.69   Opportunity     8.79        3.78   GCG Bal           37.24    4.34   LLink Sup RG3     10.83   -0.46   LT Plus RGF 4     16.80   -0.24
                                                                                                                                                                              Group Balanced    14.07   1.08    Build n Protec1   10.59   -1.12   Pension Active 17.29        3.41   GCG Bal-II        11.88   -0.17   LLink Sup RG5     10.74    0.09   LT PlusRich-2     12.99    0.08
night as the 50 basis points CRR                 rates around 9.75% to 9.85% with        jor is at 47.73 per dollar. Over a       est rates are low and inflation is          Group Cash        15.37   0.20    Gr Oppor Pens+    10.29    3.52   Pension Bal    14.17        0.28   GCG Debt          23.28    1.53   LLink SupPenRG3   36.17    4.45   LT Prem RG9 10Y   10.72    0.09
cut releases around `30,000 crore
                      .                          CP rates a tad higher. We should al-    period of time, the rupee may            also set at low levels at 2%, the           Group Debt        15.12      —    Gr Opportu Pens   17.44    3.62   Pension Growth 15.46        2.18   GCG Debt-II       14.57    0.14   LLink SupPens 4   10.83   -0.46   LT Prem RG9 5Yr   11.69   -0.26
                                                                                                                                                                              Group Growth      14.53   2.32    Gr Opportunitie   18.38    3.37   Pension Secure 14.48       -0.21   GCG Growth        16.72   -0.18   LLink SupPens 6   10.71   -0.56   LT Preserver-ST    9.51    3.26
into the system in this new fort-                so see benchmark 10-year rates at       touch this level, as the mea-            yields on US treasuries will                Group ST Debt     12.00   0.25    Grow Money        15.30    3.52   Secure         13.49       -0.15   GCG ST Debt       10.85    3.43   LLink Super 4     12.98    0.08   LT Prot.I -II     64.37    4.38
night. However, the relief may not               around 8.25%to 8.40%.                   sures of RBI like market inter-          continue to remain low.                     Group Secure      15.28   0.92    Grow Money Pens    8.56    3.38                                      GCG ST Debt-II    11.45    0.17   LS Pens RG        14.24    0.21   LT Protector-I    13.75    3.38
                                                                                                                                                                              Growth            30.19   3.11    Grow Money Pens   10.07    3.60   HDFC STANDARD                      GGSA Cap Guar     24.01    1.61   LS Pens Rich      12.16    0.08   LT RG9 10Yr       10.39    3.28
                                                                                                                                                                              Index              8.74   3.80    Grow Money Plus   10.19    3.66   Balanced          9.89      2.38   GSA Balancer      14.24    3.34   LS RP RG          14.46    1.62   LT SRG9 10Yr      11.51   -0.17
                                                                                                                                                                              Pens Profits      14.86   0.07    Growth Opp Plus    9.94    3.54   Blue Chip         9.54      4.84   GSA Growth        17.64    0.17   LS RP RG9 10Yr    10.39    3.18   LT SupPens 4      11.28    0.09
                                                                                                                                                                              Pens Protector    12.86   0.16    S&G Money Pens    12.11    1.51   Bond Opportunit  12.76     -0.39   GSA Income        10.85    3.43   LS RP RG9 5Yr     10.51    1.94   LT SupPens RG     10.78    3.36
                                                                                                                                                                              Pens UL Bal 2     11.04   1.19    Safe Money        11.52    0.17   Cap Guar Super2   9.56      3.35   GSA ST Debt       36.17    4.45   LS Rich-4         12.38    0.08   LT SupPens RG2    12.60    0.16


STOCK BUZZ                        (Fig in `)
                                                 MID-TERM PICKS Broking House: Nirmal Bang Securities
                                                                                                                                                                              Pens UL Growth2
                                                                                                                                                                              Pens UL Index
                                                                                                                                                                              Pens UL Index2
                                                                                                                                                                              Pens UL Infra
                                                                                                                                                                                                11.02
                                                                                                                                                                                                10.77
                                                                                                                                                                                                10.62
                                                                                                                                                                                                 8.71
                                                                                                                                                                                                        2.32
                                                                                                                                                                                                        3.76
                                                                                                                                                                                                        3.71
                                                                                                                                                                                                        5.07
                                                                                                                                                                                                                Safe Money Pens
                                                                                                                                                                                                                Save & Grow
                                                                                                                                                                                                                Steady Mon Pens
                                                                                                                                                                                                                Steady Money
                                                                                                                                                                                                                                  11.53
                                                                                                                                                                                                                                  15.17
                                                                                                                                                                                                                                  12.95
                                                                                                                                                                                                                                  14.58
                                                                                                                                                                                                                                           0.17
                                                                                                                                                                                                                                           1.54
                                                                                                                                                                                                                                           0.08
                                                                                                                                                                                                                                           0.07
                                                                                                                                                                                                                                                  CapGuar 3A 2
                                                                                                                                                                                                                                                  CapGuar 5A 2
                                                                                                                                                                                                                                                  CapGuar5YrLife2
                                                                                                                                                                                                                                                                   10.34
                                                                                                                                                                                                                                                                   10.22
                                                                                                                                                                                                                                                                   10.94
                                                                                                                                                                                                                                                  CapGuar5YrPens2 10.93
                                                                                                                                                                                                                                                                              0.49
                                                                                                                                                                                                                                                                              0.59
                                                                                                                                                                                                                                                                              0.46
                                                                                                                                                                                                                                                                              0.46
                                                                                                                                                                                                                                                                                     Gr Ret Guarante
                                                                                                                                                                                                                                                                                     Gr.LeaveEncaBal
                                                                                                                                                                                                                                                                                     Gr.LeaveEncaInc
                                                                                                                                                                                                                                                                                     Gr.LeaveEncaST
                                                                                                                                                                                                                                                                                                       11.67
                                                                                                                                                                                                                                                                                                       12.17
                                                                                                                                                                                                                                                                                                       12.88
                                                                                                                                                                                                                                                                                                       12.89
                                                                                                                                                                                                                                                                                                                0.09
                                                                                                                                                                                                                                                                                                                3.31
                                                                                                                                                                                                                                                                                                                4.38
                                                                                                                                                                                                                                                                                                                1.98
                                                                                                                                                                                                                                                                                                                       LS Wealth RG9 5
                                                                                                                                                                                                                                                                                                                       LS Wealth2 9 5Y
                                                                                                                                                                                                                                                                                                                       LS Wealth9 10Yr
                                                                                                                                                                                                                                                                                                                       LSEP2 Bluechip
                                                                                                                                                                                                                                                                                                                                         10.62
                                                                                                                                                                                                                                                                                                                                         11.65
                                                                                                                                                                                                                                                                                                                                         11.69
                                                                                                                                                                                                                                                                                                                                         24.01
                                                                                                                                                                                                                                                                                                                                                  3.41
                                                                                                                                                                                                                                                                                                                                                  0.26
                                                                                                                                                                                                                                                                                                                                                 -0.26
                                                                                                                                                                                                                                                                                                                                                  1.61
                                                                                                                                                                                                                                                                                                                                                         LT SupPens RG3
                                                                                                                                                                                                                                                                                                                                                         LT SupPens RG5
                                                                                                                                                                                                                                                                                                                                                         LT SupPens RGF6
                                                                                                                                                                                                                                                                                                                                                         LT SupPensRich2
                                                                                                                                                                                                                                                                                                                                                                           14.24
                                                                                                                                                                                                                                                                                                                                                                           14.08
                                                                                                                                                                                                                                                                                                                                                                           10.71
                                                                                                                                                                                                                                                                                                                                                                           11.70
                                                                                                                                                                                                                                                                                                                                                                                    3.34
                                                                                                                                                                                                                                                                                                                                                                                    1.51
                                                                                                                                                                                                                                                                                                                                                                                   -0.56
                                                                                                                                                                                                                                                                                                                                                                                    0.17
                                                                                                                                                                              Pens UL PSU        8.95   4.19    True Wealth        9.15    0.33   Group Balanced   68.44      2.09   GrCap Guar-G2     14.92    0.67   LSEP2 Dyna PE     17.64    0.17   LT SuperPens 7    12.38    0.08

                                          ACTION    MARKET       TARGET           COMMENT                                                                                     PensUL Protect2   11.27   0.54                                      Group Defensive  48.26      0.84   Group Balanced    16.80   -0.24   LSEP2 Income      12.98    0.08   LT+ RG9 5Yr       10.71   -0.65
           STOCKS                                    PRICE        PRICE                                                                                                       Pension Bal       28.81   1.55    BIRLA SUN                         Group Growth    165.12      4.55   Group Debt        17.64    0.17   LSEP2 MoneyMkt    12.38    0.08   LT+ SRG9 5Yr      10.56    3.13
                                                                                                                                                                              Pension Grow      19.01   2.31    Balancer          18.39    0.82   Group Liquid     36.18      0.19   Group Growth      14.24    3.34   LSEP2 MulticapB   12.60    0.16   LTMax BlueChip    11.28    0.09
                                                                                                                                                                              Pension Secure    15.20   0.66    Bond II           10.26    0.10   Group Secure     33.56     -0.27   Group RGF 2       24.01    1.61   LSEP2 MulticapG   16.80   -0.24   LTMax Income      10.83   -0.46
                                                                                                                                                                              Protector         14.31   0.14    Five Pay1          9.60    3.56   Group Sovereign  28.45     -0.77   Group ST Debt     14.58    2.03   LSEP2 Opportuni   12.16    0.08   LTMax Money Mkt   10.72   -0.56
                                                                              Maruti’s ramping up of production, higher capacity, price hike, stable interest                 Secure            16.56   0.49    Fixed Int.II      10.28   -0.19   Group Stable     34.21      0.15   HS Balancer       11.67    0.09   LSPA Dyna PE      10.83   -0.46   LTMax Opportuni   10.74    0.09
 MARUTI SUZUKI                            HOLD       1208        1241         rates and new launches will improve conditions from Q4FY12E onwards                             UL Balance 2      10.99   1.57    Growth II         10.50    1.74   Highest NAV       9.63      0.52   HS Flexi Bal      12.98    0.08   LSPAP Bluechip    10.71   -0.56   LTMaxMultiCapBl   10.71       —
                                                                                                                                                                              UL Bond 2         11.65      —    Growth Maximise   11.88   -0.25   Income           11.60     -0.34   HS Flexi Gr       12.60    0.16   LSPAP Dyna PE     12.58    4.14   LTMaxMultiCapGr   10.72    0.09
                                                                                                                                                                              UL Dynamic PE      9.51   4.16    Grp Bond 1        18.08    0.06   Large-Cap        12.91      4.28   HS Multiplier     11.70    0.09   LSPAP Income      14.24    3.34   LTPM Dyna PE      11.70    0.09
                                                                                                                                                                              UL Enhancer 2     10.54   4.46    Grp FixInt 1      20.91   -0.19   Life Balanced    53.93      2.08   HS Preserver      12.16    0.08   LSPAP MoneyMkt    10.85    3.43   LTPMP Bluechip    11.67    0.09
                                                                              Given the robust earnings growth and strong balance sheet, we believe that
 EICHER MOTORS                             BUY       1630        1965         Eicher Motors will continue its growth story in the coming years
                                                                                                                                                                              UL Growth 2
                                                                                                                                                                              UL Index 2
                                                                                                                                                                                                10.15
                                                                                                                                                                                                 9.94
                                                                                                                                                                                                        3.36
                                                                                                                                                                                                        3.65
                                                                                                                                                                                                                Grp Floating 1
                                                                                                                                                                                                                Grp Gilt 1
                                                                                                                                                                                                                                  10.00
                                                                                                                                                                                                                                  16.10
                                                                                                                                                                                                                                              —
                                                                                                                                                                                                                                          -0.25
                                                                                                                                                                                                                                                  Life Balanced-2
                                                                                                                                                                                                                                                  Life Defensive
                                                                                                                                                                                                                                                                   11.19
                                                                                                                                                                                                                                                                   42.52
                                                                                                                                                                                                                                                                              2.01
                                                                                                                                                                                                                                                                              0.85
                                                                                                                                                                                                                                                                                     HS Protector
                                                                                                                                                                                                                                                                                     HS Return Guar
                                                                                                                                                                                                                                                                                                       12.38
                                                                                                                                                                                                                                                                                                       12.56
                                                                                                                                                                                                                                                                                                                0.08
                                                                                                                                                                                                                                                                                                                4.15
                                                                                                                                                                                                                                                                                                                       LSPAP MulticapB
                                                                                                                                                                                                                                                                                                                       LSPAP MulticapG
                                                                                                                                                                                                                                                                                                                                         10.85
                                                                                                                                                                                                                                                                                                                                         10.71
                                                                                                                                                                                                                                                                                                                                                  3.43
                                                                                                                                                                                                                                                                                                                                                 -0.56
                                                                                                                                                                                                                                                                                                                                                         LTPMP Dyna PE
                                                                                                                                                                                                                                                                                                                                                         LTPMP Income
                                                                                                                                                                                                                                                                                                                                                                           10.72
                                                                                                                                                                                                                                                                                                                                                                           10.83
                                                                                                                                                                                                                                                                                                                                                                                    0.09
                                                                                                                                                                                                                                                                                                                                                                                   -0.46
                                                                                                                                                                              UL Infra           8.35   4.77    Grp Growth 1      46.02    1.75   Life Defensive2  12.80      0.95   Health Savier 6   12.58    4.14   LSPAP Opportuni   14.58    2.03   LTPMP Money Mkt   10.72   -0.56
                                                                                                                                                                              UL Liquid         10.46   0.29    Grp ST Debt       12.90    0.16   Life Equity      65.58      4.08   HealthSaver 4     10.71       —   LSW Dyna PE       16.72   -0.18   LTPMP MulticapB   10.71       —
                                                                                                                                                                              UL PSU             8.76   4.04    Grp Secure 1      30.23    0.57   Life Equity-2    10.23      4.18   HealthSaver 7     11.67    0.09   LSWP Bluechip     17.47    0.17   LTPMP MulticapG   11.28    0.09
                                                                              Dena Bank to improve its core operating metrics going forward driven by focus
 DENA BANK                                 BUY        67.5        129         on its liability franchise with operating efficiency
                                                                                                                                                                              UL Protector 2
                                                                                                                                                                              Wealth Builder
                                                                                                                                                                                                11.23
                                                                                                                                                                                                10.27
                                                                                                                                                                                                        0.72
                                                                                                                                                                                                        1.38
                                                                                                                                                                                                                Grp Stable 1
                                                                                                                                                                                                                GrpGr Advantage
                                                                                                                                                                                                                                  39.75
                                                                                                                                                                                                                                  15.97
                                                                                                                                                                                                                                           1.17
                                                                                                                                                                                                                                           2.11
                                                                                                                                                                                                                                                  Life Growth
                                                                                                                                                                                                                                                  Life Growth-2
                                                                                                                                                                                                                                                                   73.81
                                                                                                                                                                                                                                                                    8.65
                                                                                                                                                                                                                                                                              4.86
                                                                                                                                                                                                                                                                              4.98
                                                                                                                                                                                                                                                                                     HealthSaver RG2
                                                                                                                                                                                                                                                                                     HealthSaver RG3
                                                                                                                                                                                                                                                                                                       11.70
                                                                                                                                                                                                                                                                                                       14.58
                                                                                                                                                                                                                                                                                                                0.09
                                                                                                                                                                                                                                                                                                                2.03
                                                                                                                                                                                                                                                                                                                       LSWP Dyna PE
                                                                                                                                                                                                                                                                                                                       LSWP Income
                                                                                                                                                                                                                                                                                                                                         12.58
                                                                                                                                                                                                                                                                                                                                         12.38
                                                                                                                                                                                                                                                                                                                                                  0.16
                                                                                                                                                                                                                                                                                                                                                  0.08
                                                                                                                                                                                                                                                                                                                                                         LTPMP Oppurtuni
                                                                                                                                                                                                                                                                                                                                                         Maximiser 4
                                                                                                                                                                                                                                                                                                                                                                           10.74
                                                                                                                                                                                                                                                                                                                                                                           12.50
                                                                                                                                                                                                                                                                                                                                                                                    0.09
                                                                                                                                                                                                                                                                                                                                                                                    0.08
                                                                                                                                                                              With Profits      14.95   0.07    Income Advantag   14.86   -0.13   Life Liquid      35.71      0.17   HealthSaver RG5   19.39   -0.26   LSWP MoneyMkt     11.70    0.17   New InvtShld-B    19.20    0.84
                                                                                                                                                                                                                Income Advantag   10.00       —   Life Liquid-2    13.72      0.15   L Cash Plus       16.56   -0.24   LSWP MulticapB    12.16    0.08   PL Pens Rich-2    10.71   -0.56
                                                                              KPIT Cummins has formed a JV with Bharat Forge. It has a 50% stake in Systime                   BA JA J ALLIANZ                   Indv Assure       17.60    0.17   Life Secure      33.42     -0.33   L Invtshld.Cash   24.01    1.61   LSWP MulticapG    12.99    0.08   PW Dyna PE        11.28    0.09
 KPIT Cummins                             HOLD         151        190         and plans to expand its Oracle-based consulting and services business
                                                                                                                                                                              Acce.MidCap
                                                                                                                                                                              Acce.Midcap-Pen
                                                                                                                                                                                              19.16
                                                                                                                                                                                              20.13
                                                                                                                                                                                                         3.62
                                                                                                                                                                                                         3.66
                                                                                                                                                                                                                Indv Builder
                                                                                                                                                                                                                Indv Creator
                                                                                                                                                                                                                                  28.84
                                                                                                                                                                                                                                  25.92
                                                                                                                                                                                                                                           0.59
                                                                                                                                                                                                                                           1.73
                                                                                                                                                                                                                                                  Life Secure-2
                                                                                                                                                                                                                                                  Life Sovereign
                                                                                                                                                                                                                                                                   13.42
                                                                                                                                                                                                                                                                   28.81
                                                                                                                                                                                                                                                                             -0.30
                                                                                                                                                                                                                                                                             -0.52
                                                                                                                                                                                                                                                                                     L Invtshld.Gold
                                                                                                                                                                                                                                                                                     L Invtshld.Life
                                                                                                                                                                                                                                                                                                       16.80
                                                                                                                                                                                                                                                                                                       36.17
                                                                                                                                                                                                                                                                                                               -0.24
                                                                                                                                                                                                                                                                                                                4.45
                                                                                                                                                                                                                                                                                                                       LSWP Oppurtunit
                                                                                                                                                                                                                                                                                                                       LStage Pens 4
                                                                                                                                                                                                                                                                                                                                         11.66
                                                                                                                                                                                                                                                                                                                                         11.67
                                                                                                                                                                                                                                                                                                                                                  0.09
                                                                                                                                                                                                                                                                                                                                                  0.09
                                                                                                                                                                                                                                                                                                                                                         PWP Bluechip
                                                                                                                                                                                                                                                                                                                                                         PWP Dyna PE
                                                                                                                                                                                                                                                                                                                                                                           10.72
                                                                                                                                                                                                                                                                                                                                                                           10.71
                                                                                                                                                                                                                                                                                                                                                                                    0.09
                                                                                                                                                                                                                                                                                                                                                                                       —
                                                                                                                                                                              Acce.Midcap2    10.64      3.70   Indv Enhancer     34.30    1.03   Life Stable      35.21      0.14   L Invtshld.Pens   14.58    2.03   LStage Pens RG3   12.58    4.14   PWP Income        10.72   -0.56
                                                                                                                                                                              Accelerat Gain  25.37      1.97   Indv Magnifier    25.18    3.41   Life Stable-2    13.28      0.08   L Secure Plus     16.56   -0.24   LStage Pens RG5   13.62    3.26   PWP MoneyMkt      10.71   -0.65
                                                                              The worst is over and the company is likely to see savings in power cost plus                   Asset All.Pens  12.56      2.03   Indv Multiplier   10.46    4.70   Manager’s Fund   14.34      2.21   L Secure+ Pens    19.20    0.84   LStage PensRGF6   10.83   -0.46   PWP MulticapB     10.74    0.09
 IMFA                                      BUY         330        424         improvement in ferro chrome demand. Better realisation will drive margins                       Asset Allocat
                                                                                                                                                                              Bluechip Equity
                                                                                                                                                                                              13.33
                                                                                                                                                                                               8.88
                                                                                                                                                                                                         2.07
                                                                                                                                                                                                         4.72
                                                                                                                                                                                                                Indv Pens-G
                                                                                                                                                                                                                Indv PensEnrich
                                                                                                                                                                                                                                  23.79
                                                                                                                                                                                                                                  27.43
                                                                                                                                                                                                                                           0.59
                                                                                                                                                                                                                                           1.22
                                                                                                                                                                                                                                                  Mid-Cap
                                                                                                                                                                                                                                                  Money Plus
                                                                                                                                                                                                                                                                   16.68
                                                                                                                                                                                                                                                                   12.41
                                                                                                                                                                                                                                                                              4.51
                                                                                                                                                                                                                                                                                 —
                                                                                                                                                                                                                                                                                     L.Link Sup RG     10.83   -0.46   LStage PensRGF7   12.60    0.16   PWP MulticapG     10.83   -0.46
                                                                                                                                                                                                                                                                                     L.Link Sup RG     10.71   -0.65   LStage RP 4       11.70    0.09   PWP Opportuniti   12.74    3.16
                                                                                                                                                                              Bond            16.01     -0.19   Indv PensNouris   19.75    0.25   Opportunities    10.43      5.35   L.Link Sup RG2    13.57    2.03   LStage RP RG3     10.71   -0.65   Pens Balancer     16.01    0.31
                                                                                                                                                                              Bond Pension    16.43         —   Indv Platinum+1   10.90    2.35   Pens.Balanced 2  15.06      2.03   L.Link Sup RG2    12.16    0.08   LStage RP RG5      9.65    4.32   Pens Flexi Bal    16.44    0.31
                                                                                                                                                                              Cap Guarant2012 12.95      0.23   Indv Protector    23.64    0.25   Pens.Defensive2  13.95      0.94   L.Stage PensRG2   12.98    0.08   LStage RP RGF 7   16.80   -0.24   Pens Flexi Gr     17.32   -0.29
                                                                                                                                                                              Cap Guarant2014 13.63      1.34   Maximiser         12.84    4.05   Pens.Equity 2    15.16      4.05   L.Stage RP RG2    17.64    0.17   LStage RP RGF6    11.24    0.09   Pens Maximise     15.90    1.27
                                                                                                                                                                              Cap Guarant2017 13.92      1.53   Money Market 1    18.72    0.21   Pens.Growth 2    16.49      4.90   LL Balancer       34.96    1.60   LT Balancer       13.57    2.03   Pens Preserver    12.74    3.16

TOP 5 PICKS                  (Fig in `)
                                                 SHARDUL KULKARNI Sr Technical Analyst, Angel Broking
                                                                    .
                                                                                                                                                                              Cap Shield-1
                                                                                                                                                                              Cap Shield-2
                                                                                                                                                                              Eq.Index PensII
                                                                                                                                                                              Eqty Gr 2
                                                                                                                                                                                              13.47
                                                                                                                                                                                              14.17
                                                                                                                                                                                              16.39
                                                                                                                                                                                              12.20
                                                                                                                                                                                                         0.60
                                                                                                                                                                                                         2.38
                                                                                                                                                                                                         3.60
                                                                                                                                                                                                         4.10
                                                                                                                                                                                                                Money Mkt.II
                                                                                                                                                                                                                Platinum Advant
                                                                                                                                                                                                                Platinum Plus 2
                                                                                                                                                                                                                Platinum Plus 3
                                                                                                                                                                                                                                  10.16
                                                                                                                                                                                                                                   8.87
                                                                                                                                                                                                                                  15.61
                                                                                                                                                                                                                                  11.92
                                                                                                                                                                                                                                           0.20
                                                                                                                                                                                                                                           3.50
                                                                                                                                                                                                                                           2.56
                                                                                                                                                                                                                                           2.76
                                                                                                                                                                                                                                                  Pens.Liquid 2
                                                                                                                                                                                                                                                  Pens.Secure 2
                                                                                                                                                                                                                                                  Pens.Stable 2
                                                                                                                                                                                                                                                  Pension Balance
                                                                                                                                                                                                                                                                   12.99
                                                                                                                                                                                                                                                                   13.25
                                                                                                                                                                                                                                                                   12.69
                                                                                                                                                                                                                                                                   51.84
                                                                                                                                                                                                                                                                              0.15
                                                                                                                                                                                                                                                                             -0.30
                                                                                                                                                                                                                                                                              0.08
                                                                                                                                                                                                                                                                              2.09
                                                                                                                                                                                                                                                                                     LL Balancer II
                                                                                                                                                                                                                                                                                     LL Flexi Bal
                                                                                                                                                                                                                                                                                     LL Flexi Bal-2
                                                                                                                                                                                                                                                                                     LL Flexi-G
                                                                                                                                                                                                                                                                                                       17.47
                                                                                                                                                                                                                                                                                                       19.40
                                                                                                                                                                                                                                                                                                       24.05
                                                                                                                                                                                                                                                                                                       32.33
                                                                                                                                                                                                                                                                                                                0.17
                                                                                                                                                                                                                                                                                                                0.94
                                                                                                                                                                                                                                                                                                                0.71
                                                                                                                                                                                                                                                                                                                2.73
                                                                                                                                                                                                                                                                                                                       LT Balancer II
                                                                                                                                                                                                                                                                                                                       LT Gold 2
                                                                                                                                                                                                                                                                                                                       LT Gold 3
                                                                                                                                                                                                                                                                                                                       LT Gold 4
                                                                                                                                                                                                                                                                                                                                          9.65
                                                                                                                                                                                                                                                                                                                                         10.00
                                                                                                                                                                                                                                                                                                                                         37.24
                                                                                                                                                                                                                                                                                                                                         14.19
                                                                                                                                                                                                                                                                                                                                                  4.32
                                                                                                                                                                                                                                                                                                                                                  4.38
                                                                                                                                                                                                                                                                                                                                                  4.34
                                                                                                                                                                                                                                                                                                                                                  3.28
                                                                                                                                                                                                                                                                                                                                                         Pens Protector
                                                                                                                                                                                                                                                                                                                                                         Pens RGF 8 10Yr
                                                                                                                                                                                                                                                                                                                                                         Pens RGF 8 5Yr
                                                                                                                                                                                                                                                                                                                                                         Pinnacle
                                                                                                                                                                                                                                                                                                                                                                           14.70
                                                                                                                                                                                                                                                                                                                                                                           18.99
                                                                                                                                                                                                                                                                                                                                                                           14.38
                                                                                                                                                                                                                                                                                                                                                                           14.24
                                                                                                                                                                                                                                                                                                                                                                                    1.59
                                                                                                                                                                                                                                                                                                                                                                                    4.23
                                                                                                                                                                                                                                                                                                                                                                                    1.27
                                                                                                                                                                                                                                                                                                                                                                                    3.34
                                                                                                                                                                              Eqty Gr Pens    18.17      4.13   Platinum Plus 4   10.65    2.80   Pension Defensi  38.39      0.89   LL Flexi-G 2      17.71    0.17   LT Gold Bal       12.38    0.08   Pinnacle Fund 2   12.61    0.16
                                                      STOP         LAST                          COMMENT
           STOCKS                         ACTION      LOSS         CLOSE     TARGET
                                                                                                                                                                              Equity Index II
                                                                                                                                                                              Equity-G
                                                                                                                                                                                              16.73
                                                                                                                                                                                              16.33
                                                                                                                                                                                                         3.59
                                                                                                                                                                                                         4.08
                                                                                                                                                                                                                Platinum Prem1
                                                                                                                                                                                                                ST Debt II
                                                                                                                                                                                                                                  10.49
                                                                                                                                                                                                                                  10.15
                                                                                                                                                                                                                                           2.94
                                                                                                                                                                                                                                           0.10
                                                                                                                                                                                                                                                  Pension Equity
                                                                                                                                                                                                                                                  Pension Growth
                                                                                                                                                                                                                                                                   62.30
                                                                                                                                                                                                                                                                   70.81
                                                                                                                                                                                                                                                                              4.16
                                                                                                                                                                                                                                                                              4.92
                                                                                                                                                                                                                                                                                     LL Max -G II
                                                                                                                                                                                                                                                                                     LL Maximiser-G
                                                                                                                                                                                                                                                                                                       19.39
                                                                                                                                                                                                                                                                                                       64.37
                                                                                                                                                                                                                                                                                                               -0.26
                                                                                                                                                                                                                                                                                                                4.38
                                                                                                                                                                                                                                                                                                                       LT Gold Bal-2
                                                                                                                                                                                                                                                                                                                       LT Gold Bal-3
                                                                                                                                                                                                                                                                                                                                         12.16
                                                                                                                                                                                                                                                                                                                                         11.70
                                                                                                                                                                                                                                                                                                                                                  0.08
                                                                                                                                                                                                                                                                                                                                                  0.09
                                                                                                                                                                                                                                                                                                                                                         Prem Bluechip
                                                                                                                                                                                                                                                                                                                                                         Prem Dynamic PE
                                                                                                                                                                                                                                                                                                                                                                           12.43
                                                                                                                                                                                                                                                                                                                                                                           12.29
                                                                                                                                                                                                                                                                                                                                                                                    0.16
                                                                                                                                                                                                                                                                                                                                                                                    0.16
                                                                                                                                                                              Fam.GainPureEq. 22.83      3.16   Secure II         10.26    0.59   Pension Guarant  10.59      0.19   LL Pens Bal       64.37    4.38   LT Gold Bal-4     11.67    0.09   Prem Income       11.89    0.08
                                                                                                                                                                              Gr Asset Alloca 12.01      2.04   Single Pay1        9.63    3.66   Pension Liquid   36.01      0.19   LL Pens FlexiBa   11.24    0.09   LT Gold FB        15.29   -0.26   Prem L.Gold RG    10.72    0.09
                                                                                               On the daily chart, the stock has given a ‘Bullish Flag’ pattern               Gr Eqty Index    9.83      3.58   Stable II         10.44    1.16   Pension Secure   32.90     -0.33   LL Pens FlexiGr   10.83   -0.46   LT Gold FB-2      15.84    0.19   Prem L.Gold RG2   21.65   -0.23
 FORTIS HEALTHCARE                         BUY         97.2       105.7         115            breakout at 103 with significant rise in volumes
                                                                                                                                                                              Group Debt
                                                                                                                                                                              Group Liquid
                                                                                                                                                                                              14.33
                                                                                                                                                                                              13.50
                                                                                                                                                                                                        -0.07
                                                                                                                                                                                                         0.15
                                                                                                                                                                                                                Super 20          12.72    4.09   Pension Soverei  28.77     -0.31   LL Pens MaximGr
                                                                                                                                                                                                                                                                                     LL Pens Multipl
                                                                                                                                                                                                                                                                                                       10.71
                                                                                                                                                                                                                                                                                                       10.71
                                                                                                                                                                                                                                                                                                               -0.56
                                                                                                                                                                                                                                                                                                               -0.56
                                                                                                                                                                                                                                                                                                                       LT Gold FB-3      13.44    2.05   Prem L.Pens RG    10.74    0.09
                                                                                                                                                                                                                Titanium Plus 1   10.48    2.14   Pension Stable   35.24      0.14                                     LT Gold FB-4      13.70    3.32   Prem L.Pens RG2   12.38    0.08
                                                                                                                                                                              Group ST Debt   12.39         —   Titanium Plus 3    9.57    1.81   Short Term       11.08      0.18   LL PensBal-II     34.96    1.60   LT Gold FG        12.22    4.27   Prem LG RG9 5Yr   10.35    2.58
                                                                                                                                                                              Growth Plus 2    8.44      2.43   Titanium PlusII   10.31    2.38   Vantage          10.85      3.04   LL PensFlexi-B    16.60    0.61   LT Gold FG2       10.50    3.55   Prem LGold 4      12.16    0.08
                                                                                               The stock has managed to close convincingly above ‘20-week                     Growth Plus I   11.22         —                                                                        LL PensFlexi-G    15.24    1.60   LT Gold FG3       12.98    0.08   Prem LGold 9 10    9.92    2.80
 JINDAL POLYFILMS                          BUY        195.5       212.7         237            EMA’ after January 14, 2011, which is a sign of strength                       Growth Plus III 10.69      4.09   CANARA HSBC       OBC             ICICI PRUDENTIAL                   LL PensFlexi-G2   13.87    0.73   LT Gold FG4       12.60    0.16   Prem LGold RG3    10.74    0.09
                                                                                                                                                                              Life Long Gain  13.81     -0.36   Bal Plus Life      9.49    1.71   ACE RG9 10Yr    11.65      0.26    LL PensMax-G       9.51    3.26   LT Gold Multi     16.17    1.57   Prem LGold RGF7   17.64    0.17
                                                                                                                                                                              Liquid          15.80      0.19   Balanced 2 Life   10.44    1.75   ACE RG9 5Yr     10.35      2.58    LL PensMax-G II   21.65   -0.23   LT Gold Pens      23.28    1.53   Prem LTGold RG2   12.20    4.27
                                                                                                                                                                              Liquid Pension  15.90      0.19   Balanced Life     13.15    1.70   AP Bluechip     12.99      0.08    LL PensPresv-ST   63.79    4.30   LT Gold Pens2     16.72   -0.18   Prem Life Pens4   10.72    0.09
                                                                                               A ‘Bullish Flag’ pattern breakout at 34.80. The ‘ADX (14)’ indicator           MaxGain 1       10.87      2.94   Debt Life         13.73   -0.22   AP Dyna PE      12.38      0.08    LL PensProtI-II   17.64    0.17   LT Gold PresST    10.72   -0.56   Prem LifePens 7   11.70    0.09
 GHCL                                      BUY         33.4           35          39           is at 33.65, which indicates uptrend is gaining strength                       MaxGain 2        9.97      2.57   Debt Plus Life    10.86   -0.28   AP Income       12.16      0.08    LL PensProtec-I   34.96    1.60   LT Gold PresST3   10.74    0.09   Prem MoneyMkt     11.71    0.17
                                                                                                                                                                              Prem.Eqty Gr    16.57      4.02   Discontinue Pol   10.20    0.10   AP Money Mkt    11.66      0.09    LL Preserver-ST   13.75    3.38   LT Gold PresST4   10.71   -0.65   Prem MultiCap B   11.24    0.18
                                                                                                                                                                              Prem.Eqty Index 15.33      3.58   Equity 2 Life      9.53    3.59   AP MulticapB    11.70      0.17    LL Protect I-II   13.62    3.26   LT Gold Prot-I    11.28    0.09   Prem MultiCap G   10.00       —
                                                                                                                                                                              Premier Bond    14.47     -0.14   Equity Life       11.85    3.58   AP MulticapG    12.58      0.16    LL Protector-I    21.65   -0.23
                                                                                               Faced a resistance near its prior swing high of 227.25 on daily                                                                                                                       LL SF -G3         17.12    0.18
                                                                                                                                                                                                                                                                                                                       LT Gold Prot-I2   10.72    0.09   Prem RGF 8-10Yr   11.45    2.05
 DLF                                      SELL        222.5       211.6         197            chart & managed to close well below its ‘200-day SMA’
                                                                                                                                                                              Pure Stock
                                                                                                                                                                              Pure Stock Pens
                                                                                                                                                                                              21.24
                                                                                                                                                                                              17.28
                                                                                                                                                                                                         3.16
                                                                                                                                                                                                         2.13
                                                                                                                                                                                                                Growth 2 Life
                                                                                                                                                                                                                Growth Life
                                                                                                                                                                                                                                   9.97
                                                                                                                                                                                                                                  12.01
                                                                                                                                                                                                                                           2.89
                                                                                                                                                                                                                                           2.83
                                                                                                                                                                                                                                                  AP Oppurtunitie
                                                                                                                                                                                                                                                  AWP Dyna PE
                                                                                                                                                                                                                                                                  11.24
                                                                                                                                                                                                                                                                  17.64
                                                                                                                                                                                                                                                                             0.09
                                                                                                                                                                                                                                                                             0.17    LL SF Bal-3       18.80   -0.21
                                                                                                                                                                                                                                                                                                                       LT Gold Prot-I3
                                                                                                                                                                                                                                                                                                                       LT Gold Prot-I4
                                                                                                                                                                                                                                                                                                                                         10.83
                                                                                                                                                                                                                                                                                                                                         10.71
                                                                                                                                                                                                                                                                                                                                                 -0.46
                                                                                                                                                                                                                                                                                                                                                     —
                                                                                                                                                                                                                                                                                                                                                         Prem RGF 8-5Yr
                                                                                                                                                                                                                                                                                                                                                         Prem Wealth9 10
                                                                                                                                                                                                                                                                                                                                                                           12.00
                                                                                                                                                                                                                                                                                                                                                                           10.56
                                                                                                                                                                                                                                                                                                                                                                                    0.25
                                                                                                                                                                                                                                                                                                                                                                                    3.13
                                                                                                                                                                              Secure Gain     18.77      0.48   Growth Plus Lif    8.63    2.74   AWPP Bluechip   12.98      0.08    LL SRG9 10Yr       9.53    4.27   LT Gold RG        14.42   -0.28   PremGold Rich-2   10.83   -0.46
                                                                                                                                                                              Shield Plus 1   11.31      0.53   Guarantee+ Life    9.81    2.08   AWPP Income     12.38      0.08    LL SRG9 5Yr       10.74    0.09
                                                                                                                                                                                                                                                                                     LL SupBal-3       14.19    3.28
                                                                                               The prior swing high of334 is acting as resistance. On daily chart,            Shield Plus 2   11.11      0.54   Liquid Life       12.89    0.23   AWPP MoneyMkt   11.70      0.09
 YES BANK                                 SELL        332.5         326         295            it has formed a ‘Bearish Harami’ Japanese candle stick pattern
                                                                                                                                                                              Shield Plus 3
                                                                                                                                                                              Stable Gain
                                                                                                                                                                                              10.94
                                                                                                                                                                                              19.01
                                                                                                                                                                                                         0.55
                                                                                                                                                                                                         0.96   DLF PRAMERICA
                                                                                                                                                                                                                                                  AWPP MulticapB
                                                                                                                                                                                                                                                  AWPP MulticapG
                                                                                                                                                                                                                                                                  12.16
                                                                                                                                                                                                                                                                  12.60
                                                                                                                                                                                                                                                                             0.08
                                                                                                                                                                                                                                                                             0.16
                                                                                                                                                                                                                                                                                     LL SupMax-G3
                                                                                                                                                                                                                                                                                     LL SupPens RG5
                                                                                                                                                                                                                                                                                                       17.47
                                                                                                                                                                                                                                                                                                       30.97
                                                                                                                                                                                                                                                                                                                0.17
                                                                                                                                                                                                                                                                                                                1.47
                                                                                                                                                                                                                                                                                                                                For a comprehensive list of net asset values (NAVs,)
                                                                                                                                                                                                                                                                                                                                short-and long-term returns on hundreds of fund schemes
                                                                                                                                                                                                                                                                                     LL SupPreserv-3   10.00    4.38            log on to mf.economictimes.com and click on Databank
                                                                                                                                                                              UG Cash         15.86      0.13   Balanced    13.48         1.43    AWPP Opportunit 11.67      0.09

				
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