UTI Children's Career Plan (Balanced)

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posted:: 5/25/2010
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BALANCED FUND BALANCED FUND BALANCED FUND BALANCED FUND BALANCED FUND BALANCED FUND BALANCED FUND BALANCED FUND
Investment Objective UTI Children’s Career Plan (Balanced)
An open-ended debt oriented fund with investment in Debt/G-Sec of minimum 60% and a maximum of 40% Launch Date
in Equity. Investment can be made in the name of the children upto the age of 15 years so as to provide 12th July, 1993
them, after they attain the age of 18 years, a means to receive scholarship to meet the cost of higher
education and/or to help them in setting up a profession, practice or business or enabling them to set up a Fund Manager & Chief Investment Officer
home or finance the cost of other social obligation. Head-Fixed Income
Portfolio as on July 31, 2006 Fund Performance as on July 31, 2006 Mr. Amandeep S. Chopra Mr. A. K. Sridhar
B.Sc., MBA(FMS-Delhi) B.Sc., A.C.A.
Performance comparison with Benchmark Index
Equity Mkt Val % of NAV Rating
(Rs. Lakhs) Compounded Annualised NAV CRISIL MIP Fund Size
Returns (%) Blended Index*(%)
Madras Cements Ltd. 9,385.89 4.02 Rs. 2334.89 Crores
1 Year 15.02 7.76
Reliance Industries Ltd. 8,207.21 3.52
3 Years 16.87 8.23
HDFC Ltd. 7,210.09 3.09 5 Years 15.79 NA NAV per unit as on July 31, 2006
Aventis Pharma Ltd 3,987.06 1.71 Since Inception 12.42 NA Rs. 13.53
Tata Motors Ltd. 3,710.25 1.59 *Benchmark CRISIL MIP Blended Index. The index has 15%
Ultra Tech Cement Ltd. 3,565.68 1.53 weightage to Nifty returns and 85% to Composite Bond Fund High/Low of NAV in the month
Infosys Technologies Ltd. 3,542.88 1.52 Index returns
High : Rs. 13.61
Tata Steel Ltd. 3,473.40 1.49 Past performance may or may not be sustained in future.
Grasim Industries Ltd. 3,425.44 1.47 Low : Rs. 13.25
Essel Propack Ltd 3,067.99 1.31
SIP Returns
Motor Industries Co Ltd. 2,955.90 1.27 One year 3 years 5 years Bonus declared (Record date)
Reliance Communications Ltd. 2,895.75 1.24 returns (%) returns (%) returns (%) 1.5 : 10 in October 1994
Hindalco Industries Ltd. 2,741.22 1.17 11.48 14.71 16.33 0.425 : 10 in October 1995
Shoppers' Stop Ltd 2,665.64 1.14 Note: Systematic Investment Plan (SIP) returns are worked out assuming
investment of Rs.1,000/- every month at NAV per unit of the scheme as
1.4 : 10 in October 1996
MRF Ltd. 2,215.42 0.95 on the first working day for the respective time periods. The loads have 1.2 : 10 in October 1997
Others 14,207.85 6.08 not been taken into account. 1.2 : 10 in October 1998
Sub Total 77,257.68 33.10 2 : 10 in July 2002 (19th July 2002)
Credit Quality of Debt
Govt Securities 1 : 10 in July 2003 (31st July 2003)
6.96% GOI 30/03/2009 OIL CO. BONDS 12,191.25 5.22 SOV 2.5 : 10 in March 2004 (30th March 2004)
6.85% GOI 05/04/2012 6,632.71 2.84 SOV 1 : 10 in March 2005 (31st March 2005)
7.27% GOI 03/09/2013 6,214.00 2.66 SOV 1 : 10 in March 2006 (30th March 2006)
7.59% GOI 12/04/2016 5,023.62 2.15 SOV
10.25% GOI 30/05/2021 4,539.88 1.94 SOV Minimum Investment Amount
12.29% GOI 29/01/2010 3,414.93 1.46 SOV Rs. 1,000/-
11.99% GOI 07/04/2009 3,334.41 1.43 SOV
Long Term Debt
Term Load Structure
HDFC Ltd. 14,499.42 6.21 AAA Entry Load : 2%
State Bank Of India 6,870.62 2.94 AAA Exit Load : Nil - > = 5 yrs.
Asset Allocation
EXIM Bank 6,350.10 2.71 AAA 1% - > = 4 yrs. and < 5 yrs.
NTPC Ltd. 6,000.00 2.57 AAA
2% - >= 2 yrs. and < 4 yrs.
Reliance Industries Ltd. 5,838.75 2.50 AAA
3% - < 2 yrs.
Nabard 5,304.61 2.27 AAA
Hindalco Industries Ltd. 4,196.65 1.80 AAA
Indian Railways Fin Corpn Ltd. 3,520.21 1.51 AAA
Registrar
Citifinancial Consumer Finance India Ltd. 3,417.74 1.46 AAA M/s. Computer Age Management Services Pvt. Ltd. (CAMS)
Larsen & Toubro Ltd. 2,845.92 1.22 AAA
Others 22,267.37 9.55 No. of Unit Holding Accounts
Sub Total 81,111.36 34.74 9,75,043
Securitised Debt
Standard Chartered Bank-
Fund Positioning
Jet Airways PTC 2090.57 0.90 AAA (SO)
HDFC Ltd.-Housing Loan PTC 0.82 0.00 AAA (SO)
This is a balanced fund, with a conservative tilt and a long-term horizon. Equity investments are made using
a bottom-up approach with great care taken to ensure that the companies invested in have the strengths
CDs
CP / CDs required to excel in very demanding environments. The debt portfolio is designed with the objective of
HDFC Bank Limited 4,642.44 1.99 PR1+ attaining absolute positive returns over a medium term horizon, and providing stability of returns to the fund.
ABN Amro Bank 3,936.15 1.69 A1+ Fund Manager’s Comments
Union Bank Of India 2,477.98 1.06 The equity markets were volatile in the month of July. The Sensex ended at 10743 up 1% over the month
Allahabad Bank 1,989.59 0.85 P1+ of June. Concerns over monetary tightening by central banks globally leading to lesser interest in
Allahabad Bank 1,492.07 0.64 P1+ emerging markets, continued to depress market sentiment. The results of leading corporates was
Industrial Dev. Bank Of India Limited 947.33 0.41 P1+ encouraging with IT, Cement, Auto ,Engineering companies posting impressive results. Markets are expected
Sub Total 15,485.57 6.64 to be range bound due to weak sentiment.
Net Current Assets 16,192.29 6.92 RBI expectedly hiked the repo and reverse repo rates on 25th July ’06, citing concerns about inflation and
Total 233489.10 100 credit growth. The reverse repo rate now stands at 6% and repo at 7%. Markets weakened after the policy
and the ten-year yield ended the month at 8.24%. The market is expected to take cues from the upcoming
All figures given are provisional and unaudited. G-Sec auctions with a close watch on the movement of global economic data and oil prices.

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