Nifty BEeS BASICS
NET ASSET VALUE
As on 28 Feb 2010
As on 30 Mar 2010
MINIMUM INVESTMENT
NSE symbol NIFTYBEES
RETURNS
Fund managers Vishal Jain
As on 28 Feb 2010
Website/toll-free number www.benchmarkfunds.com 1800-22- 5079
(With the fund since 8.26 years)
Address 405, Raheja Chambers, Free Press Journal Marg, 213, Nariman Point, Mumbai - 400 021
How Rs10,000 has grown Nifty BEeS
70,000 60,000 50,000 40,000 30,000 20,000 10,000 0
55,210.89
1 Jan
2002
MORNINGSTAR RATING
Rs603.30 crore Rs527.55 One unit/share
Fund’s expense ratio 0.50% Category average expense ratio 2.03%
CORPUS
2003
2004
2005
2006
2007
2008
RISK MEASURES
2009 29 Mar 2010
3-year standard deviation 34.60%
Base value taken as 10,000
Average annual return
Fund benchmark S&P Nifty
Category average return* (%)
1-year 3-year 5-year
77.15 11.91 22.53
97.47 7.03 17.96
*includes actively managed large-cap funds and index funds
76.70 11.25 21.43
0.28% 3-year Sharpe ratio
Returns as on 9 Mar 2010
Inception date: 28 Dec 2001 (Return since inception: 22.92%)
BEHIND THE NAV Morningstar Style Box Value Large Mid
Small
Core
Growth
Asset allocation It is a nine-square grid. Each column represents an investment style. The first is “value”. A fund marked in this column would pick stocks due to low valuation (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value and cash flow). The central column represents “blend” funds, including value, core and growth stocks. The last column is “growth”. A fund in this column would pick stocks of companies that are growing fast (high growth rates for earnings, sales, book value and cash flow) and high valuation (high price ratios and low dividend yields). The rows are the market-cap categories across large-, mid- and small-cap. A fund in row one would buy stocks of large-cap companies and that in the bottom row would buy stocks in small-cap companies. This fund is at the intersection of row one and column three. This means it buys large-cap stocks in growth companies.
Stocks
99.72%
Cash 0.28%
Total number of stocks
49
As on 28 Feb 2010
Top 5 holdings
Top 5 sectors 34.4%
Industrial materials Financial services 10.72% Software 24.8% Consumer goods Utilities 11.21% Others 12.86% 6.01% As on 28 Feb 2010
Tracking error: 0.14%
As on 28 Feb 2010
6.55%
Reliance Industries Infosys Technologies HDFC Bank ICICI Bank Larsen & Toubro Others
6.78% 57.84%
8.54% 8.74% 11.55%
As on 28 Feb 2010 Source: